HomeMy WebLinkAbout2510 To place and contim•o~sty kccp on the bvi:d~ngs ncw on c~rcatter situaer on sa~d !ar~d snd on al! cq~~p ~r~~ and reraonrl~ co~~rrd by ~h~s ma~g
sg~, w~th all p~em~~ma thr~con pa:d in tu!1, (~ro insvr~nce ~?M ~•suat sTande~d po':cy lo~m, in a s~m aH~,~u.rd b~ tha AtiiUR::,:.GEE, a:,d w~:iJs~wm
~nwrance in the uswl s~~:~dard pot.cy fam, in a svm arp~~~rd by ihe N1pRiGAGEE, io sucA co+~~pany or to~+pa~~.cs as thr h~ORIGAGfE may
d~red; and ~t1 I,re aod w~~dsto~m insurance po;K~es on any of sa~d bu~+d.ngs, ~ny ir.Mr~st thereui o~ E,art tAcrrol, in ~he agg,• ~nre svm afo~esa~d or
in extess ~hereol, sMil contain the usuel stanJerd mw~qagte ciauu ~ svch o~he~ cleuse as ~he MortyaJrr n~ey rryv.rs, rnal~~~g ri~e +oss ~nJc~ s..~d poli-
Ne~, exh and every, payabt~ tp sa:d MJRIGAGfE as ~~s ~o~rrrf~ m.y aN~rM, and ca;h a~:d c:cry St:h i:o'.ty Stia11 lx t~rc~~,y+~iy asz a~~rd ~~:d d~:~.~.v~d ro
~~~r ~~dby sa~d A1pR(GAC:fE at Pwthtr setu?ity to s.~+d mor~ge~r d~bt, and, net tcss than t~•n (1~1 d~ys ~n ~J...~.ce of ~h~ e~~ ~r„t~u.i of ~ach ~oi.ty, ro dr-
I~ver to sa~d MORiGAGEE a re~iew•al ~herc~f, toge~her w~tA a rece~pt Iw 1he p~rmwm ol wch :e~~vnat; ,~~d ~hrre sheli bo ~w Lre or ,,,,.~~d~~~ ~n ~nsurance
placed on aoy of sa:d Su~id~~gs, any ineeres~ there~o or part Ihe~epf, un!rss in ~he fc~m arnt ti~~~h +I.e lois payrble as afc~ese~d; and ~n ~he e.r~i~ a~~y sum
oi mpney bccw,us payable unJK s~th polity or polk~es se~d MORTGAGEE sh.~il have ~hr oNf.on ro r~~~nc „pµy tha aa~~,e on ac,u~:~i of thr u~deLi.•d•
ness xcu~ed herrby a ro pe~m;t sa~d MORTGAGORS to recr~~r a~~d use it w a~iy p.~~~ u,~•:~•of ta~ o:~..r .,.~s. ...~~:_.,e !h ~ c.
~~+g any eqv~ty. lien a nqht undei p by virtue of lhis mc,::g,~ge; ~rsd io ~he evcnt sa~d MORiGAGORS shall to~ any reason Iril 1o k~cp thc sa:d prem~ses so
mswad, w fail to drGvet promptly any Of s+id polKies o) iniwance to sa~d MORIGAGEE. w;w: F,:omNtly to pay lu,:y ony pr~~~n,-•n thc~clw or ~n •ny
resprc~ Fait to pe~Form, d~scharge, eaecute, el(ec~, ca+~pkte, co~uyl/ wirh ~~id ~b~de by eh~i covenan~, a any p.,rr I.,,reo1, s.+~d MuRi;;AG~E ~nay Niace a~o
pay lo~ such insurencs or any parl the~eo( w~~Aoul waiving o~ aifec~ing any op~~on, lien, eqv~~,r. w ~~gh~ under w b~ vu~us of ~h~s Mo~tyrge, and ~he
full amo~n~ of each and e~ery s~ch payment shall be ~.~~~nrd~ately due and payable and shad b~•ar ~nta~~st tran ~h~: date th.r.ot ~~ad pwd at the ~ate ol
~~'~e prr crntum pc? annu:n and ?o~rthzr with such in~erest Shal~ ?,P sec~~ed by the Gen o+ th:s more9~9~•
1. To permit, commit o~ w(ter no waste, imp~irme~t w dctenorat~on ol sa~d propcrty a any part thrreof.
5. To p~y atl arwl iingu~a? tha costs, chugea u+d ea~xnsrs, ~nc:udu~g a rrasonab:e a+~o~ney's (ee a~xi costs of abz~racrs ot ri~1e, incurrad or p~~d at
any time by sa~d MORIGAG:E, because a in ~he evrnt of ~he fo~~ure on ~f~e pa~i o( ~hr aa~d MORiGaGOR ro dv'y, prwr~Nriy a~,d f~;ly Frrfo~m, d~scberge
e,rcWe, efiec~, tanplete, comply wuh and ab.de by •ach and e~ery ~I,e st~pviaf~ona, agriements, co~~d~t:a~s, and cove~~an~s of z,~d pro~~~;,sory no~e a~~d d~~s
•~:or~ga9e any o~ e~fher, and sa:d cos~s, cha~ges and tapenses, each end every, shall be immra~alrly due and Farat,:r; w,Fethrr w not ~h~•rr !k nonce d~~
mand, atte:ept fo ~pAK1 M sud pend~ny; and the {utl ampunl of each a~xl evr~y svth paymcM :h~l~ i>ra~ ~:~!~~rst trom the dile thrrco4 untii paK! at tiie
r.~te o~ ni~x p^~ ctnt~m ~r ann~:n; a~~d a!1 Said cos!s, tha~ges ac~d ca;,rr.sts ~~+tu~rrd x pe~d, loynlh~r w,th sath ~r~te~rst, Stw~l i>e itc~rrd by ~he s~rn o4 th+f
mortgage.
6. That (a) in the evenl of any breach of this Mortgage w dri3ulr o.+ tt~e pa.~ of ti;e ASORTG>G`JR, or ;b) ~n thr ev:nt a~y of sa d sums of moneY
here~n referred Io be not Nrwnptiy and f~lly pa~d w~thin thaty i30i days n.:,.t a::•:~ the s~~ne sr:e+e ~y beco~~:e due and pe~..V!e, w.~iw~t dc•nand or nonce,
or ~c) in ihe event eacA and every the st~jw;at~ons, agreement:, co~~J.:~o~.s and covenants o! s~.ci Fror,,,ssc,ri ~ror~• a~~J ~h.s n:ortg,gr any o~ e~zher a.e no~
~:~!y, pfomptly a~d f~lly petformed, dacharged, tattutcd, eftected. canpieted, compl~ed w~fh and at,~ded Sy, ~hen ~n e.ih~•r or any su:h ewene the sa:d ag
a:e9ate s~m mentbned ]n sa~d prom~ssay ~ote ~hr~ r~n.a~ning vnpmd, w~th ~~trre;~ accr~ed, and ~.i nw~a.rtis set~red hrrrby, it:at! b~co~re d.,e and pa~-
sd.e forrhwirh, a thereafee~, ar the opr~on o~ sa~d MORiGRGEE, as lu~~y a+d complErety as Li a~l oi t!•r s.~.d s~:ns of ~~un.•y ..rre or~g~„atly st,pu.a~rd
te b~ ~.d o~ such d.:y, anyih~ng in sa.d pro:n~s:wy note o~ in this Mortgage to ~he ca~rrary not,v;thstand~~~y: and fhrre~pon o. th~•reet:er at rhe opt.ai of
s, d MORiGAGEE, w~thout ~o~:ce o~ dcmand, sv~1 at law w in eGu~ty, therefwe w tl.errafrrr brgun, may be prosrcurcd as ~t a;i rr~one~s sctwed her~by
n,d matured pr~or to ds :nst~tution.
7. lhaf ~F,e event that at rhe beg~nn:ng of or at any ti~re per.d~ng any su~t ~pon ~his Mo~tgage, or to foreclose it, or to ~efo.m it, or to enForce
paymenr of any cia~ms he+eunder, said MORTGAGEE s~all apply to th~ COurt hav~ng ~u~~sJ.tt.~n ~h~~:~ot for the apf~o~ntmrnr of s Rece+.er, s~ch Cu.,rt ihe~!
fc+thwith aypo~nt a recei~er of said mortgagcd p~ooerty all and s~ng~~ar, inciud ,,g a;1 a~~d s~nyu~m ~i~e ~ncome, prof~ts, ~u~es a~d revy~,,,es Irom wh;te~~r
s:~rcr de~ived, ea.h and every af wh~ch, it be~r.g eapressiy ~nderuood, n hereby mor~ga~rd as if spec:t~caUy set iorth a~d desu~b~rd in ~he gran~,n~ and
h,t.e~dum c:wses hareuf, artd s~ch Reteive~ shaU hare a!1 the br~ad and etiec:~ve tcn~:.cns a.id powe:s in anyw~se emr~sred by a Co.:+t ro a Rec~•iver, and
s.ch appoinfinent ahail br made by svch Court as a~ ad:nitted equ~ty and a maner of absol~~e r~gM to said A~WRIGAGEE, ~nd KrtI1;iV~ refrr~,~ce to ihe
ad_q~aq or inadeq~aq of the valvc of thc property mwtgaged or to tF~ fp•YC~~C~I or ,~.so~~ency of u~d MQRFGAC~R o~ th~ dri...,der,ts, a~d ~hae avch
r<-~rs, prohts, incane, issue~ and revenves shall be app~~ed by such Rece~~er accord~ng ~o tne i~en or equity of said MORiGAGEE a«d ~he prachce of such
Co~rL
8. To du=y, prompHy and fuily p~rlwm, d~scharge, exec~te, effetl, complrre, cornpty w;~fi and abide by each and every the st~puiat;ons, agr~menrs.
:und;uons and covenanrs ~n sa+d ~xomissory note and this mortgage srt farth.
9. That in rhe event the ownersh~p of the mortgaged pren,ises, w any parr tnc~eoF, becomes vested in a person olher tha~ tF+e MORTGAGOR, the
1!ORTGAGEE, its svccessws and assigns, may, wiihout non~e to the b10RTvaOR, deal w~th such successor or succ~•ssor 7n ,nterest ,.~eh refrrznce to th~s
rco-rgage a~d ihe drbr hereby secur~ in tbe same .r.anner as w~th Mortyago. w~rF.out in any .vay vit.ating o~ d~scharg~ng the /dor.gsgori Gao~i~ty here-
v~~der w u~w~ the debt hereby secured. No sale of the pre~t:~ses hereby mortgaged ard ~o fo*bearancc on the part oi the ?.1J.21G%.CaiE or i`s succrssurs
or ass~gns and na earens[on ot the i~me for the paymmr of the debt hereby sec~red gwen by rhe h1pRIG<1GE~ or ;ts svccessors ur ass gns. a::all operare
ro re~ease, da:harge, modify change or aifKt the ong,nal liau,:~ry of ~he MORiGAGpR he~ein, either in whoie or in part.
10. It is speof~cally agreed fh~t t~me is of the esser.ce of th~s co~trac~ and that oo war+er of any ob'~gat~o~ hereundrr or of the obtigation se-
c~red hereGy shal: at any time theroafrer be h~•:d fo be a waiver of the terms herrof ew of the instrument src~~ed herby.
I1. tn s;idt~:n~ 7o the foregc~~~ .nonth'y paym~nts of F:-~ncpa! and inr-;rc~st ~equ~:cd by t!~e prorn~is:~y no'..- s:~currd hi~•~b~, rno:t~~~or iO~enar.is
+-d agr:~s to ;~oy to n:orfgayee v.~th each monTh:y payraent an aci9:•w:~at sv^. ~•s~•^ aTCCf bi ~,o-~yagee to t,e eq~ai ~0 1 i2 of r',~~ ,,,z:,wt cos~ of ~he fo~ioMr-
nJ
A-Ait reat F;r~.ty taxas Ie:~rC or ass-~sced aga~•~u tF+e abo.e desc•~~,•d ren; es•ate.
6 Fe•: .,,:,,s on f~re and vvirdstorm insu~ar.ce as he:e~n rrG~,red ro be ca•:ird e=~ the :m;:roveme~!s s:tuate on thc above d~sc~:bcd premises.
C-Drr:~~v:- s o~~ s~:h r o•t~.;ge guararry insvra~.ce as ~ne~!y~~ee sh3;: fro^ . r.,e ro s~~r.t• d• e:~ fn to ca•ry o~ •ne !oan arcv~rd hereb~.
Nlortgagee s^~: T•om !r~:e to t~~}c ~ot,ir mertyag~+ m v.•a,ng pf thr a~:o,•M a,;c ar.d payabte fiereundar and s'.~:h av~ sh.,:: thcr~u~,on be d~e and
e~.ab!e o~ thr c'~F c..~e oi rhr ,~err mo~th:y paynent and e,:cti s~ccess+re ~ra~~•h thr:e~ir_~ mcrrg3gee shatl not:fy mo-~_;a.=or of e ch~nge in svch
o~nt. $uch w•r.s s~ ~ ce ap~•';~d by mortgagee toward ~he Na~men! of crai pro~:e~ry tares, insu~ance pren:.u-ns, a^d n•oriyige gwranty insurance
. •emivms.
IN W!I?~c`~~ .:HFRLJf :r~d MOA7GAGOR has hereu•~ro s¢t h;s h.,~-d and xa~ ihe day and year fhst aloresa~d.
S~g~ed, Sealed and dei~vered in the prese~ce of: /
.4.~~~.~,
~ u-~_ / ard Kindric t~a~~
• cseaq
~:arga t Kindrick ~~at~
S~AT~ OF FIORIDA ~
SS.
~JUNTV Of ~L~. _LllC1P_ ~
Before me personally appeared ` Ei~ld22~ Kli1C~2'1CIC a~
_ ij:d2'~areL Kir:drick _ h~s wife, to me weil known e~sd 4~wwn ~o me to be
!he individuals descr~trd in and who eaecuted tFK fpreyoi~g instrvment, and acknow:edged befwe me tAat they executed the SJr~e fw the purposes
rhe•d~ expressed. And ?he .a~a_________-_ I~:arearet KiT. f"~k_,
_ _ _ rdr Y~~__-__-__-_____ "
+~:fe of fhe sa~d _ daZ' xZ , upor a separate and prtrare
e.am:nat:on by me taaen xparate and apart from her sa~d hvsband, acknowiedged to rr+d befo~e me that she rxec~'ed sa~d instr~mem fr~e~y and volum
:3+dy ano w.thovf any coz~pv:sioo, constra~nt, appr ~,o)~~tear of w from her said hvsbared.
.
\YITNESS my hand aixf offic~aS seal th~s_ _ day of_ A L1St A. D. 19~
_--i`~~-` - -
IYotary Pvblic in and for 1 State of Flpr~a{i aP (u~ ~
Return i o: My Comm~lswn tapires: f~j~
first flder~l Savin~s 3 (oan AtwCiatdon 214~9~ " ~ ~ `
Of Fc~l r~ «-cr ~
f : -
Fort F~rr,e. Fi.~r,da - . ~ A ~ .
illf D aH^ RECOROED = ~ '
ST. LUC1~ CJUNTY flA. ~ •J ~ ' ' ~
~ c
RC~E~i FJlTRAS - ~ - •
CIE~K C~F.CUIT COURt
This Instrument Prepared By ~icriard i{. Kayes PE~~R~ {EQ:F~EO....,.--~~
First Federal Savings 8 loan Association
of Fort Pierce, Flor'ida p~j ! 6 4 ~,9 PM T~~~
~ ?
Checked By _ C'
Baox ~~4 2~
~ '
; _ ~