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HomeMy WebLinkAbout2506 . 3. To pt~:e snd wnf~nvoa,s!v lccp o~ rtx b~~:d~,~~ uow w Fxrc~~ter ~~suate on ae~d ~a~+d a~d on sl: ~•q,,;N,~:ent a„d pcnor,alty covr~rd b/ th7s mweg~ ege. w;th all p.ern~.,:~,s ~i~rrro~ ~..d ,n i~+i, fue ~~;s~rence ~n ti~e utwl sra~dmJ ~.~;~cy tonn, i~ a a~m ~~.y~u.ed by thr Mi~R;v:.Gli. ?~~d w~ndstam nsur~nce m?he us~al 1!JtR~J/d ~o:.cy fw~n, in a sum s~-proYcd Ly ihe Ah~RiGAGfE, i~ such canpany o~ con:~>,?n~es as the b~ORIGAGEE ~++Y d~r-ci; ~nd aU f~re r~ d K~Il~fy/~:ItT1 ~nsurar~ca poi~c:rs o.~ any of s,~d lw~id.ngs. ~ny in~errst thr~e~n or i,a.t threcul. ~n the agg~cga~e s~m aforesa~d or in e~ce+f thrreoF, s6a1! :cnr.,.n ~h~ us~~~l s~a~,Ja~d mw~gagee clause w tu;h o11.c~ dawe as Ihe Nb~tyeyee moy ~cqu.rt. ma?i~.g ~t~ ioss ~nJr~ s~~d poti- c~re. eech and e~r~Y. P.~ti~b'e io sa,d .ti~us~i~nGtE as ~rs mic~c~~ uwy a~.~r, arul each and eve~y s~Kh ~.~,cy s~~..n 1,r pron,puy ~ssg~~rd ar:d drirve~ed eo sny hrW by ~s~d AtORt;;.4 .ef os furrF;r srcvuty eo sa~d ~+~orr~ryr drbt. ?nd, ~ol less than ~e~i (10) d~ys ~n~lad..uuc oi thr exy~ret~on ol e~th ppliey, to dt- 1~er 10 so~d ~lORflill,[t a rr~~i•.~..i ti~a~~rOl, toye~her w~~A a ~rtupl for the p~rmwm o1 suth ~Q~1CN.li; d~'U th«c sh~;1 be ~ro i~re o~ v~i~..ls~o+~r. ins~rar+c! p•accd On any of sa~0 bui°d~~tys, a~~r ~nlrrcat thcrc~n aN ~iail Ih~~rrol, un!rst in the form and w~th the ~Ot! FfOyJOId ot elorrfe~d; end in Ihe event any ium of monty b~tomes par.+ble ~ndr~ s..ch F~o~:cy o~ poL<~es sa~d MJRIGAGEE ih.,ll have ~Ae oy:.on ~o rrcr~.e ..~~d apF'y the s.•:~r on acwunt of ~h~ i~n~ebted- nrst ~et~rnJ ~~~by pr to perm~t se+d 1~~JRiGAGORS to reCr~ve and u1! it p•ny ~~tl 1lk:~oi h:r a:~~. r~.ur~ s. ..:tn~~,:t ~h i~ ,;r .r;µ„r. anY equ~y, i~rn a~~~hr un~.•r ~e by varrue of th~~ n:c:~y~qa; ~nd in the evrn~ sad MO~I~;AGORS sha!t for any reason (e~f eo k:ep ~he sa;d prem~sas ~o ns..•cd, o~ fd~l t0 dr:~~r~ pranytly sny of s~~d po1K~r1 OI uKwe~xe to la:d MORiGACEE, o~ ta~! pru,nN~:y lo pay fu.ty any ~,rr~~~w~n thc~riw q in •nY ~r~~~.~c~ te~l ~o ~~(wn+, d:s:h,;~~~. c~ewfc. l/1K1. tOmptNe. co~~~pty wrth and ab~de by ehif CAVCr:J'1?, a any p.~~e haeoi, s.,~d MJR~GACEE mey p~aee a~•d ~~e~ tw s~,ch in~urance u~ sny part ~here~f w~~hou~ v~vi~ing w alleuing any op~~on, lien. equ.ry, or n~h+ vnJa or 6/ v~~rue oi ~hfs hlor~gage, ~nd tht c+rwunt of eecn s~.d e.e~y s„ch p~~~nent sha11 !x ~m~ned~ately due and payeGie and shall baa~ ~nt~r~•nt (ru.n tFw date Mercof uru~l pa~d at the rat~ of a~ pa•r ir~!vn~ {~t~ anr~u~n ~nd t„~.•t}sr. .~,~h s~Gh in!ir~st Shal~ ~ S~iv~P.~ by th! :~ln O~ Ih~s mortgage. 1. io perm;t, comm~t or su!ler ~w v`este, in~pairn,~nl or detrr,orat~on of sa~d prope•ty o~ any part thcreof. 5. To t~ey a~l and s~^g~:er the ccs~s, eMrgrs and eape~ses. ~nclv~~ng ~ rr~sonab!e anae~ey"s fee and cosfs of abit.nus o1 ntle, incur~ed or pa~d a~ t~~+:e b~ s~,d h1pR1GAGEE. Ixc~usr or in ~he evrnf of the fa:i~re un the par~ of ~he said A10RiGAC,OR to d~7y, pro*~Hrir and fu:ry pr.rfprm, d~uharge. e..•cute, el~ecr, ce~r.p:r~e. co~+f>ly w~rh o~~d abdr by each and e.r~y ~he sr~pu~ar•o.1i, agrrr~.~ents, cor~i~f~a~s. and co.e~~+~~ts oi sa~d p~an+csory nore and ~h~s ~ ~~rga~e any or r~~hpr, and sa d ccs~s, char~~•s aRd ea~nses, each and evrry, aMll be immcd~atety dve and yayaL:r; wtirffi~r o~ not there be nonce dr :~~d. a~rr•~~pt ro cof~ect or s.:n pe~~d :~g; e~~d rhe full a~nou~tt ol exh a~~d ewery s~ch +,~~nxni s?~a!! bra. ~m„rr:~ from ~he dat~ th~reof until p~~d at the ~ .~s. ~.c f>ar ta:~i~n• i.~•r an , rxi ai~ sa~J custs. chaigaa anJ ci~:er.ses nxu~red w pa~d. tOyrthrt w.th s~ch wte~rst, ihall Ce secured by t!u i~en 01 th~! mort9J9l. 6. That ia~ ~n thr evcnf of ~ny b:~.+:ti ol this Mwtg,~e or drEa~tt on thr parf ol the :102TGAGPR, or ,b) ~n the evc~~f any of sa:d sums of money r.~re~n re`.~~r~~d ~e r.ot ~•ro~•q ~:y ar..! ~v r.+~d .~ah~n th.,ty i30~ dais ~e,.T recr the si~ne ae~era:y becr~:e d~e and pi~eble, wnt.aut de~nand p not~ce, ; ~n ~hr r.r~t ~~~ch a~d e.err rhP snp_, ar::.m. a~reements. cond~:~o~s and to~enan» of sa d pro•~~,si~+y no~r a~K! eh.a ~~~~:qage any p~ e+~hes are not j-~~r~ P~0°T1P~~Y 3~~ 'u ~r ~erla~~r~rd ~ sc',.+~g~~d. rarc,.trd, effectrd, tanptefed, comp~.cd wnh snd ab,d~•d Sy. tfrcn ~n e,~hrr or a~y sxh evem the sa.d ag ~.'.)d1t SUm ielin7.~~i«` ~n il~d FrJ••~.SS.-.~y ~!C ttl~'~l 1ti~Ll~~~ir~g U~lYdrt~. w~th ~nTCrrSt dCt~u~(~. d~ld d.i m4~~a•~S S~~CU~rC~ f~Cfi~Y. Sf~dt: ()LCU~~~! dv! a~ ~ir' ; i~r~h.~Th. or ~i~~cr.~•~rr. st the opr~pn ,:,r :_~:d 'NiJRiG.~GfE. as fu7;y a,d canp:eie~y as a~l of i~,r s.,~d a~~~s o+ n..>„ey vvere o.~g~na~ty s~.p~,:ated • pa.d o~ s~~ch a.'.... an~in~ng o~ s., d F.~o+~.saory nore or ~n ~h~a llorfgagr to the co~~rary nor.nhsra~~d:.~y. an~ th~•r~~po.i or thc+ref~~r a~ ~he opuon of ~ ~ S10RTGAGEE, v~:tn; ~t not cr e. dr,nand, s.,~t at iaw w in equdy, thr.rfore o~ ttiercafu~ t~ry~n, mey ~e prosrcvted aa ii a!1 .nooe~s secwed he.eby j n,erv~ed ;,•,oi to .~s ~:~s~,r;,c,w~. . 1 7. Thar .n rhr r.er,t ;har ef ihe b~gnn ng of pr at any t~me pe~d.~g any su~t upon eh~• No~rg~.3e, o~ to iorcr.ox it, or to rrform i~, or to enfo.ce ~ F-.~.~-+ent of iov ~•,s ~r•r:.• d,r. s.,.~ .tJ3T~,AGEE sha:t a~~ply to tfir Co~rt ha.n•g ~~>.sd.ct~ax> >n~~~cot for tAe +pro~nnnen~ of a Qrtr.ver. s~ch Couaf shall .~~h,~,rh a~t•.~.n~ a.c,r~.e~ o~ s-~,.'~ n o+t~agt~ prOOrtty a:! and s~nyviar, int~~xl „g a~l a~~d s~~~gu!a. u:e ~^ca~~c, p~ol~ts. ~ss~et and rr.en„es iro:n whatever s_•cr drn.rd. e.,.h a~::! r.er. o'r ,~n.~ u pe~~y eay+css~y vndr,atv:~.i. ~s 1e:~b~ me:tg~~ed as spec•~~ce;;y set fwth ~nd desu~bCd i~ the g~ant.ng and e^d~~n ce~•aes her~~t, ~nd s..ch R.cr~.c+ she~; ha~e aU rhe broad a•-d rfiec!:.e funcr o~~s e~:d poaers m any,n~se entr~sted by a Co~~t to a Re<n~ver, and s_: ac~u+~~~n~,,r a~,.: : ~~,ie oy s;,ch C.~.,•+ es en ad••~~~tad rqv.~y and a+~atter o: aCso;~re ngh~ ro sa~d MpRiGAGFE, a~d w~rt~o~~ relerence to ~he a:~_,cy e~ ~~:ad~•.;: ~.y ot the va:~e o~ ti.r prv~krey mortgayed or to thr so.r~uy or ~n:c•.^nty Of sa~d /iftQRiC•AGGR o~ the de+e.~dants, and that Such •s proi:rs. ;nco ~~e. ~as:rs a^d re.e~:i~es sha~i ~ ayp:~cd by such Rec~•~Yrr accorci:ng to the :~eo or eqvity of sa~d MJRTGAGEE and the prau~ce of such ~~_rt, B. To d.r~. ~•~c~•~•'y e~d fu.'y per!o~~~. d.scha~ge, rrec::te, efE~cr, cp•,q;:rrr, tom~~'y w:~h and ab~de by each and every tiie stipu+afions, agrtements. _..~d~r;ons aray cc~.ri~a,:rs s..~ pr~~:•~.,s~crr n~~e ar.d :n ~ ~n_::ya~e sa~t forth. 9. ih3r ~6e c.^ •hr c~n^~•sh;~, cF th•. rr~rtJaged pren~:ses. a~ any part tnercaf, Eecomes vestrd in a pe•son other tha~ the MORTGAGOR, the .~CiG:.~;[. .~s s::cc~i;.•s a•,d ess.g-~s ...ay. w~tfiout noT~ce To ~he :•.JR1GaOQ. dea~ w~~h s,,.h surc.-fsor a+ a:cc~~nsor ,n ~ntzrei~ w~rh refe~rnce to th~s .~,qa3e a•.d '~e d. ur n....~t ~ src~,,ed +rt the Sanrt n>e,~nrr as w.rh A!ort~ego• »~rhovt in any way v~r.at~n~ or d.acT:a:y~ng the I~Ac,r1gacqors' liab~!~ty hert e• u~.:n +nr d:~ce , i<;.,~_-d tio sa:e of eRe Fre~•~ses hrreby mo+tgaged a~d no tabearo•,er on ~he ~a.i oi ~~~r ~~VTiVi~JCE w its successors ass ~^s a~d r.>.~~ s of ~he n:na +e• rhe paymem of the deo~ ~erchy srcured g~vea by the A~,Z7GAGFE o~ +rs suceessws or ass:gns, shalt operate •c .e•e.,>e, duhac~e, c•~~.=~ ~he•:g~ or a~`eU the ong~nal i[aa.~ ry o+ the MC2iGAGl7R herr~n, e+ther i~ v~ho~e or in part. ~ :0. h n s~c•: `::.~'.Y ~c aed th~r n•-~e ~s of ~he esie~~ce of th~s comracr and rha~ no wai~e~ oi any ot 'Se~.on here~rcer or of the ob!igation st .~•,~d hrr~~y s6e'. at an, c~~r ~c~ea!:er br. he:t~ f0 be d wai.er of tht terms hereof p Of thl in3tNrnent Src~rrd he•by. 1 i 1^ . _ -•E.,'~ y~,..-,.r.:s of ;~^c ,eal 3RA :nr~rrs+ .rau:red 'ey the p,o~n ssr.ry n~'~- s_:.•~.~d i~c•_•G:, mortgj~or cover.jnts ~ _ • . ~ ? - a~~_cs • ~ee .,.•h ~~.~~h o~nh:y ~,3.r~e•~t ar. aa~ r.onai sum ~n' ^ a~ed by ~-wrtgagee To 1x rti..a To 1 i2 of r:._ s~ ;,a1 ,ost of the foiiow- A-... . !a,,s : er ass•_ss~o eg,a s~ r+.; 3c»e Clest•~~rd r._ai es~.,~e. 6 i-- cs•_ ~,.rs~•~-te as n~r,.~•n r^g. re~ to be ca'~~~ d cn th~ r.ove-ne~ts s!vate on tF., a!»ve bed r m~ d_scr, p e aes. C F~ s - . ~ 0.,.;. ~.~~v :rw~~• ce r.s mo•r3a~.e stia:; }re.~ a~,e ro t~•ne deem fn eo car~Y on t~~e ;~an secu~ed hereoy- ~'~''J'.r:•~ _ c -•e ~~c~:~; -.c•r,;,3_r .n .w- ~ ng of tfie a•::o~-+~ d.;e a~d pavab'e here~^d-_• a~,d s:,ch s~ < si., i•!,~.~•ui~n be due and .•e c-, • _ . . , ,,,•n ~ e.. e-~r a~*d ea:h sv:cess+.e -.o.••h ~~c-~st.~.. „ mcr~gayee ah.~!! no`.fy n:o~•~:ago~ ~t ~ change in s~th S...hci;, s<~ . ! c y . so+~e•d the ca ,•ent f "9'-~~:. r' o~eai ~.c.:.erry taRrs. ~r.su-3.•cr p•er, ~:.:s. a-•d n,ust~a~e g~araniy ~ns~rance r ~TS ' i~t ~:(T`+i ~ . ss c3 h~JRTv.'.v.^-R rtas hereu-~!o sef h~s h~~ J a~d sre~ thr d. y j v e f~rs a.o•esa:d. S~gn~. Sea!e~%~d ¢~~Sd ~n the Pres-^ce of: ~ /J fti 1 ~ ~ 5 ,-T-_ .l~rt,~ I ` (Se+~) ~ R . ea - - - - _ ~u ~ , . - - - tk.~~ _ cLN a._ _ ` _ _ ~ t~'itness _ Kathleen B._ Rea ; =";'E O~ ftOR!DA ~ ST . UJ(: I ~ u :iSTY O~ - - - - ~ a~~;.,~ ~ ~.:~.,d:~,, dp~er,~d - -John R. Rea .~,a 1C~thleen B= Rea his w~*e. to ~e weil known a~d KROw~ to me ~o be '•~~.d•.~d~a:s drsu.~..-d in and v.ho exrc.;ted ih~ forego~.~g instrume~t, and acknow:edy:d before me that tney execut~ th~ s~me !w the p~rposts -m exp•ess<y A.,d tr~e sj,d - _KStt11@@[I B. ~88 - - - - - r=e of tt. sa.d _ . .~OhD R~_ R@3--- s se u~t~ ~nd ivaee _,-r by ~3.-,^ s•: =•e~e e~d a: a•t f.o--+ her sa.d husb+nd, sd~.owSedged ro a~d bcfwe me that she e,~ecu'rd sa~d in~er..,nentAfr~ely and oiun- a+ d w.~he~r a~~y co ; an. tG-sr'i.rr, ar ~refitns o~. Ot Jear of w irom her sa~d hwoand. ~ ` T~'` S ~hfitiESS ~^v ha~d e~,d c=°:c e~ s-e! th~n - f~- - day ef-- v~-V A. D. 19 7i - - - f~lotary P„ba~c i~ and for ehe Sute of F' at L~r9e . _ My Cor*~m ss~on eap~res: , RF'. ^ . _ - i rs~ ~ede~al S•_::•:~s 3f le.+n Ass~ca~ ~ ~ _ NOTARY Pli8l1C. SUTF ol fulRi(A? ~f UIRBf ~ • . , ~ ~~OMI~IISSION EXPIRESiEP'>; 1~. 2974 ~ c:-•• : , /OIfDED THIlN fR0 M..01E3iEL1NR~1 214088 y~~/ y ~ : - ; . Th~s Instru~r:ent Prepared By J. D. Ch.'~staiil f~~ED e~+D RECOROfO ' F~rst ~edera~ Sav~ngs 8. ~can Assc:iation St. LUClE C4UNTY flA. ROCER PO~TRAS . , f of fo+r P:erce~ Florida C~ERK CiRCUtT COURt ~ ltECOR~ YE?:~ftEO~.~~ . ; Chetked 8y _ - 1 -~c_. ~~lt/ i Itu~ 16 4 i9 rM T I~ a~;~M - °`194 2505 . < ~ : _ _ . . _ _ _ _ . =