HomeMy WebLinkAbout1708 3. To p!ace and coniin~o~sly Meep on the L~~ d~~u}s ~o~ or hereafter s~tvate on iefd !and and on a!; eq.,ip ~:ent a~~d perfoni~ty co•.r.ed by ~h~s mo+r~-
egs. w~th ali prrn,.u~us thrreon +;ad +n luil, f~re n,suc~ncr m ~ix ~s~.,~ sto~.:ia~J ~x %cy furn,, i~. a s~.m ay.~»o.ed br ~br NCiR.".~GiE. •~~d w~:,dstonn
1ns~~ance in the ~s~rl aia:~da•d ~c~..y ~o~•n, m a sum a~p~o.r~ by the A1J.c7vAGEE, in w~i~ can~H~ny a co•npan.es as ihr A!02iJAGEE may
dnec~; and al~ lue a~~d v~.ndsr.<<•~ ~nsurance Fos~c.es a~ any ol t~,d bu~:d.ngs. any ~neerrat ~1k~.~~n or part t4n•r~of, in the .+yg~tyoie s~:•, aiores.+~d o~
in excets •he~eat, ,iuli co•~~~~n tl,r usual sta~~J.~+J m~~~tJeyee dause or su:h o'hr~ c'.+~se as ~ht A~u+~ye_~rc ma~ rrq~•rc, n~e?~~~g u~r ~oss u~~Jr~ s..~d po~i-
;~rs, eath a~xi evtry, p.+;.ib'r ~o se~d MJRTGAt.EE as ~ts ~m.•rast niay apprer, o~~c! cach and e.r~y svch p., :c~ al.~~l 1x µron.Nny efs g•~rd a~~d d~••~.crrd to
sny h~7d by sa~d n10a~::.aGEE es iw~har arcw.fy ~o sa+J n~~~gegr d~•ut, a~•d, nor fess ihen r~•n ~t01 d~ys i:i •~J+a~~ce o~ ~~1~~ e.~~u,.t,on oF .euh pot.ey, to dr-
trve~ to se~d 1~10RiGAGEE a rcoc.sst thcreof, ~oye~hr~ w~~h a rece~pt for ~hr pr~nae.rn of such ~e~~r,o,i', a~d 16.•ee a~~~~~ t,r ~~o i~rc or wu~dilG+~n It1SVfOfI(!
p aced on any ol se~d bv~'J.•~ys. ~,~y :~~t.-rest thr~e.n a pa~~ ~h~•reof, un:ri~ in rh~` lorn~ a•~d v.,•h ~he !cs• pey.,o~e as .•'.c.r~s.,:d: a~d in tlK e.rnt any s~m
of monry brcomea pa~ah:e v~~Jrr s~ch pel:cy or poLc~es sa~o AtJ~TGi.GfE s~~~ll h~.e rh.r o~ •.on to r~c•~~.e .~~~i apE'.y ti~e so~~~r on eccou.~t o~ the ~~~J~•~~.~d•
ness scc~red hrrrby a to per:„n s~.d MORTGAGORS to retr~~e and use ~t o~ a„y +1~ i..~ c~~,.. i.~~ ~e~s. ~_e ~t,.•.:,. c.
,ng any equ~ty, i.en or r~yht ~n,icr w by w~tvr of th~s mcr•yage; and ~n rhe evem s,+d MJeZiGAGORS sh..!I `o~ any ~~..son (a~l ro 1~•rp rhe sa~d pre~n~ses so
~nsur~`d. Or f~il 10 delivCr p~O~nptiy sny O+ Sa~d p01:C~.•i C~ inwra~~C! 10 sa:d MO£IGAI~fE. or L,~. prun:~:tly IO {~ay 1~~1y dny p~c.~+..~~n tF~r:~fOr O~ in a•~y
rr+~~e:~ ta~l to perfom~, d.s.ha~yr. rxec~tr. eff~ct, ca,~plrtr. co~:~pty w~ih and ab~de by ~h:s cuv~n.r:e. or any p.,:t hrrro:, e.~.d .ti'.~:Ri•;,.1GfE ~~wy p:ace a•a
pa,r fw s~ch ~nsur~nce or a~y paat tnareof w~~hour waiw~y or af(ecting ar, oNt.u~i, 6en. equ.ty, or r.,;hr u~::{rr w 6r ~~~!~e o1 fhls !.~o~rgage, m.d the
t.ii a~nount of each snd e.er~~ s~ch paymrnt sh~ll tx ~nuned~etcly d.~e and payab,e a:.d sh~:1 b~•a. ~~~r~•~~u f~u~n ~h,r d..ta ih~rcot ~nnl y..~d a~ the ra~e o~
n~:~e pr+ cent~m F:rt a~~+w•n and t„~rtn.•r v~~th such i~itrr~u ~F1J:: LW s.~currd by the ~~en o1 th~s ~nortg~ye.
1. To permi~, comm~~ .r sufler rr~ ~v.~ate, impa~rnxnt a deter,uraho~i of sa~d p~cNerty w any part thrreof.
5. To ~~ey atl and s~~y~tar the cos~s, cherges a~d e~pe~~srs, ~nciud~ng a reaso~.able atto~~~~•~•'s fce .~+:d ccs+s of nbsrraus of t~tle, inc~rrrd or pa~d at
an~ ti~:e by a.~~d MORiGAGEE, bcw~se er ~n ~he e~ent oi fhe fa:lurr on ?i,r parf o1 ihe s..~d A:JRtGaGuR ~o du:y. pra•,~,ti~ a~~d fu•iY perform, d~scha.ge
a.ecure, etfK~, cemp:rte. co npty w~~h , nd ab dr by e~.h a~xf erery ~he sr~p~iar u~s, age~~~•~+:_,:~s. co•ul~t~~ns, and cuve:~.~~~+s ef se~d p~o~n.ssory nate a~~d ~h~s
.~~ortgdgt any o~ e~~he~. and ss.d costs. charyes and eapenses. each a~~d every. ahail ~~:n:>•~~d~atr:y due d~1(I F'Jj.)I~'e: vv.`:.~M:r a no? th~re !:e nu+~ce da
ma~~d, atttmpt lo coGett ur swt pend.ng; and the lull a~nount of each end evrry si•th pa~n;.~M s~~a'i b~'a' u:t:resf 1rom Ihe date th_rrof ~ntil paid ai the
r o' n,ne ptr c~•~vu~i~ {.~,r an.,:.•~. ~nd . sa~d ~osts. char3es and ~ap~•nses ~nturrrd or pa~J. toy~th~•i t~,~h a~cA ~i~te~tat. st~all be secured by the ban of th~~
~*+ortgagr.
TM~ (a) in t}+a ovcnt of ,uiy tueach oi thu Mortgage or de`ault o~i th- pa~t ef thc f.:~RTG~G:!R, or ~6) ~n ~hr cvent any of aa d svms o1 mo~ey
F~~`rCin rtferre~ t0 b! n0! ~.N~+~~~!iy Jnl +u~iy p3~c~ ~~~Itun fh.~ty ~3Ji c~~iS ncat a't..r !he i..'~,e Se~.e~e iy beCO~~ic d:.C and F:d/aV~B. w~iF~J~t dCmdnC~ 01 f1C1~C0.
,•,c? ~n thr e.ero rach and r~e~y The shp~~atiOnS. a7rc~tmrnft, Cond,:~a~s and covenanrs o} s~d p+o~~ussory r.o~e ~~~d th.s ~w.rgage any a e~~her are not
i,• prompt;y and t~~ty pertormed, dscha~ged. ~,ec~ird, efleued. co:»plered, co~~p~~ed .•.~th a~:d ac~d~•d 5y, ~hen ~n e.fher or any such evem ~he sa~d ag
•.>>at~ sum mr~~t~.nnl in 3a~d pro~»~sso~y nota th~n ren~a~nuy ui~pa~d, wdh uNrre;t accr~rd. ..nd a,: mo~:r~s sewrrd he~eby, shatl becu~ne due and pay-
ar tcrthw~th, w thrreafte~, at ihe opr~on ot s_+,d htJRTGAGEf. as fv~y and comp~efc~y as i1 aii oi th~• sa:d w~»s of moncy aere onqu:a~ly st~pu:ated
r.- he f a d un svch day, anyfh~r.g in s~ d pro.n.ssery .wre or in ~hia Alortgagr ro the con~ra!y nota.~thst~~~d .g, a,~d ~hc.evpon or ~i~cree4rer at rht op~.on of
s~ d MOQIG~GEE, w,r?::i~t ne~~ce o• de~nand, sv~t a~ law w in eqv~ty, therefore or thereaf~er bcyun, may be N~osec~t~d as ~f all moncys sec~~ed hereby
n~d mat~red ~~r.or to ,ts ~^sht~t~un.
7. Thar m the e.cm thar et fhe heg~mm~g c( a at any rme pendu~g any su~t u~wn th~s tJ~o•'ga~e. of +o fo.edose it, or to re(orm if, o+ to enForce
~avment of any c.~ms hr•eu~~drr, seid 1.tiORTuAGfE sha~l apply to the Coun h~v~~~g ~u~nd.ct.on the:rof ior fhe a;~ro•ntmem of s Rece~+er, such Cwrt i:~+f
1.rthwith dppo~nt a rece~ve. of s~~d mo:t~ayccl procxrty all and s~rguia., inc:vd ~~g ~~1 a.~d s~rn,~~•ar ii:e ~ncvme, p~of~ts,~iisues and re~cr,,,es from wh,te+er
s:.,•ce der~ved c,.ch and e.•rry of v.h ch. tr~~,g express'~• u~dersfced. ~s F.errby n,e=•3a3~•J as s; ec '~:.~~;y set tor~h a~d e~ex.~brd in ihe g~anr~~,g a~~d
Y`.1~t:1(iJT c:aesei her ~i, and s~ch Recencr snall heve alt the b~:.ad a~i~ rffcctive f~r.c' u~~.s ~~~d Ce.•.e's ~n any::.se entruated by a Cu~~t To a Retc~rer, a:~d
s;F. a~>F,:intm~~nr sha:! be n,.~de b~ svch Court rs an ad:n~tr~~d aqu~ry and a~^arter ot at.se:utc r.ght to sa~d MARTGAGEE. a~d w~sh~ur reference to ~?~e
a,~,qv3ty er ir.jdre,i~aty of the val~e of the property mo~tgaged or to thr so.~cncy or ~r.~c• ~~~nc~ of sa~d frORiGAGOR or the drtc~~dan!s, a~~d th~t ivch
~n, p~oi~rs, ~ncon.c, nsues and reYenues sheH be app:~ed by such Rec~~~vrr accord,ng to ~t:e i~rn or rq~~ry ot sa:d 1AORTGAGEE and ai~e pra:t~ce of such
Court. -
8. To a~•y, pror+pt:y ar+d iu(ly per'orm, d~scharge. execute, effecr. comp!ete, co~r;:ly w=th and au+de by each and every ~he st~pv~at~or~s, agreements,
:,~^ditiens and covrnan~s sa~d prom~sso-y ncre and tn.s mortgage sr~ forth.
9. That ~n the e.e~~t tF.e cwr.ersh:p of thr morigaged prem~ses. o~ any part thrreof, becomes vested in a pc~son other than the MORTGAGOR, the
:~CTVAGEE, ita s~.crss~rs a~:d dSSS3ns, ~ndy, .v~!hout net~ce to the ~',ORTGAOR. deal wnh wcn a~tcessor a s~;cessor ,n inrerest with refrraue to this
o-+gage a~d the d_ot F.~re`~y secu.ed ~n tne samr manne~ as w~~h ht~.rgayo. w~tlv~r in any way v~+.a~~ng o~ d•scha~g~~g fhe 11o::gogors' Gaa~i;ty here~
,~er or upon the d:or h;~~;.; s:-c~red. No sa`r of the pre•r•ses hereby ~~~o~~gagcd ard no fo.beara~~ce on fhe part o1 ehe 1dORiGAGEE or its sLCCessors
e• ass:g~s and ~o ex•z~~s.o~ o+ the t~•„e tor tha payme~t oi the debt hrrc~y securcd g~.•en by tbe 1lORTG~+GEE o+ ~ts s~ccessors or aasgns, a:~a31 oQerate
ro re•ease, d.scha•ge, r.,cd~fy ~na•-ge cr affecr ~he o*~g~na1 iiao.;:ry of the NORiGAGQR here~n, either in v~hae or in part.
T0. Ir fs sc!-c.`:;~::~ ,~g*eed rha+ +~~ne is of the rsse~ce of th~s co~~rra.: a~d thae r.o waiv-r of any ob':gar~on herrunder or of the ob,~gation sN
red hereby s`:a . a! an, t~~ e th~~rra':rr be hz:d to bc a we~ver of the terms hereof or of the ir~stru^eN srcu~ed herby_
11. 1.: :.•o v,r te•e, c.,7 . ^•h'r pa~m_nrs of ; r.:c pa~ and ~,:r.,res• ~e~. -,d b~ the F.•on~ s>c.; ~,o c.,~..~•ed h~~+cbr. mo:tga3or eevenanrs
ca. ccst of the fo;iow-
a^y•ees ' ~~a~ tc .c-*yaycc .~.rh ea:~+`: „:•h.y rat:-e~:t an,~d:i:•~o~:a{ su.r ts• aseJ b~ n:o•ty~gee ro bc c,;ca to 1 12 of t::c aa:, ~
•~a ,'e~_,•'~ raa~s ~e:~~~ o~ assesscd aa3~,st fh•_ abo:e desc~t..-d r_j{ es•are.
6~~_ .~,s o:~:rc an~ ,n.:,os+c-~*, ~nw~arce as here~n r..q,;.n•c~ to be ca•r.• d c. eh~` ~,!OVBTC :IS s'wt> on abovc d_sc~bed prem~ses.
C-Pr~-.,;~•s o~ <_.ch ~ orr~:ee gua•~r.•y ~esv-arce as mo•tgagee sha'~ fre•r tme to *;~~r d~em f~t to ca-ry_on the ~oan secured hereny.
f : o~toi~ce s-~ 'o '^:e nc~:f; mc~ry~gor ~n v.rmng of the a- o_~~r ti,e and p3yab?e F.ere~ndrr and such su•n ;h.+:l thcreupon be due and
.sb'e o~ me c:.;e c.••- o+ +~.>'r_~~r ~~,o^t:^..; aaY~^ent and each succesvve :rc•~th thereaitc• u~.!i~ mwtgagee shaH r.o',fy rrcr:~oger of a change in w.h
~ ,,.,,m. S~~cl s.: --~s - .,e a,::: ~~d ny meriga~re soward ihe payment of rea! prcpe~t~ taxes, insura.ue prem.u~r.s, a~~d mo~t_ ~age g~ara~ty inwrance
~ ` U~s
IN ':r~Tt~;:~ :.n;r_^v~. ~ne sa~d !~tiOR E.G02 has here~nto set his har.~ ar.d seal ihe day and ear fi afo:esa~d_
ncd, Sea:ed a~,a de:; jn the sen~e ~EC R?+D RECORO[~ ~ "~r~ r /~1 ~C•
~ ~ ~ST. lUC1E C~ UNTY FLA. $y. (5eat)
~ ROCER Ot;RAS ~ ~-~p ~ o sident ;
CIERK CIHCII~T COUR
Q - ~~CORO VERIFIEO~ ettiA3tr~_ ~ t-- _(Seaq
C• Q• ~SC , S9C2~8tiS2'y
TP889U]~~)
~ - - -~uC 10 t0 29 AM'11
;
223499 ;
~?~',TE OF FIORIDA COUNTY OF 5T. LUCIE
I NEREBY CERTIFY, Thaf on tn~s day of_____.__________
~~t A.O. 19
~ :,_FOre ~:e personaliy a~peared _ JOhR C. SCOtt~ Jr. and C. G. EsCLIe
_ -
~ •escect~ ~eiY _ Pres~dent and - . - - - - - _ Secretary- _~`.~~~t
- - - of
First Iz~dian ~.~er Corp.~ -Inc. a Florida
, _ _ C~rporafio~, to me
4 '
~ ~,%~n ta be tne persons descr~be~ ~n and who executed the foregoing inst;ument, and severally acknowledged the exe-
x
_.~~~n the~eof to be the~r free a~t ar.d deed as such officers 4or the uses and pursoses therein mentioned; aAd fhat they
~ :`~:~ed thereto the off:c~a{ seal of sa~d corporation, and the said instrumsnt is the act and deed of said corporation_
,
~ :;;iNE55 my hard and ofi~c;ai seal at Fort P~erce said county and stafe. `
~ This inat=w~ant ~repared by Jdui W. Collins ~ _ . - ~ / ~
~ First Fec~eral Savings and I,o~an Asaociation ` ' ~ --~--j`~~`~ ~ t`'~'"'' ~=1------
o_° P02't Pi91'Ce~ P101'1d8 Notary PubGc, in an~ for State artc~ County afornSaid.
~ My Cor~~mission Expire;; ..~:r ~i•~l,~i:3~~stlt-Sr~
~ . +rr~° ~~i ii'7
~ . . _ . _
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~ • _3 - 3/ - ~ Y
; C7~ :1-ed 9y L'~_ - - -
z, ~ 1~4 1(~~
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