HomeMy WebLinkAbout2514 J. To placa and cont~nvousiy Meep on ehe b„~:d~ngs ~ow a F.creafte~ a=tuate on s~~d land and on al; ~q,,;p:nent a~,d peno~,~l!y co~en-d by ~his mwrg-
sge, w=~h alt p~~n~.u~ns Ihrrcon pa,d m fuU, hre insurancr ~n t~k ui,.at uo~~i~d po'~cy lo~~n, in a i.,m ay.p~o.rd by the A1UR~i,.\GiE, a~•d h~u~dsto+m
~~s~~ance i~ ~he us~al s~e~xi~rd pol.cy fa~n, in s wm ayproyrd by ~hr MORiGAGfE, in svth canpany or co~npan.es as Ihe A~ORi~AGEE may
d~reu: ~nd aU fire and w~ncls~orm insvrance poliues on aoy of s.~~d bu~id,~gs, any ~ntrrrsr k~r~c~n ur pa~e th~...-ul, in me aggr. ge~e sv~n ato~esaid or
~n ~i~eu thcrcof, sF~sll tontain ~he us~al swr.dard rna~gsgre c~~uie o~ such o~hr~ uause e~ ~he A1at~eyee may ~rqu.re, mak~ng tt~,; ~oss undrr s.+~d Holi-
c~es, each and evcry, parabie ro sa~d htpRTGAGEF as ~~s in~~~.al ~uay arprar, and ea:fi a~:J e~•c>> u~ch ~.r~,cy sheil tu~ pranpuy au g~~cd o~~d d.r:w~•red ro
a~v ~~d by sa~d htORIGAGfE as f~rehrr ~ecurify to sa~d rnongaqe de~+. anJ, not loss ~han ~en {IO) daYS i:~ ad:an~e o( ti+~ eaF•~rohon c+f rach pol,cY, ~o dr-
t,vrr to sa~d MORTGAGEE a renewal therrof, toge~htr with a r~~cc~pt fw the p.r~T~,um of wch ~enr+~~:; ~~~d there at~~il i,r ~ro i.rr or ,v,~~~is~.,•~n ~nsvrsnce
placed on any o{ se~d bui!d~ngs, any ineerea~ the~em or part d~ercof, untrss in nc~ (or.o and w~~h tne :oss p~r~~~e ~s a'..,rs~~D; ..~d the e,•rot any svm
of money brco*ncs payahle ondrr such pollcy w pol~ues sa~d rAVR(GAGEE ihall have ~he op~.on +o rcc_~~rc ..~~d apF!y ~:,a s~+~r on uco~,~ of ~he ~~~d~•;,f~-d-
~ess ucured he:eby w~o prrm~~ se~d MORTGAGORS ro recr~~• anJ use i~ o. a»~ E>.~~~ ~h••.~~oi ro~ oc~:•+ th ~
~ng any equ~ry, 1:~n pr rghe u++dar a by v;i~ve of rhis ~ra::g.~gr; and ~n the evem sa d M0~2TGAGURS sh.~:l fw any ~~.ison fait ~o k~ep ~he sa~J Fre,n:a.•s so
~~~s~.rd. e~ (a~l ro det~~er prompdy an~ of said poLciea of mwra~ce ~o sa.d MOR7CAGEE, er 4~~i ~~ro~n,:t1y ~o ~~ey f~.ty any ;.•r~~~,.~n tn~•r~•iw or in a~~y
rrspact lai~ to pevform, d~scherye, eaecute, e(fct~, comptrrr, canpty w~rh and ab~de by t1~;s cov..•n~~~r, o~ an~ p.,r: hareni, ~.~:d 61~,R1;;::G~E mJy p.~ce a~~o
par (w s~,ch inwrance or any pa~t thereof w~thout waiving or a}F~ring any ope,on, I~e~. equ~ry. or ryht u~~dc~ or b~ v~rt~e ot ~n~s 41ort~,gr, a~~d ~ha
f~il anw~nt of each a~~d e.e~y such paymrnt shall be im~nrd,ately dve a~:d payabte a~u1 sheil baai i~,r~•~~s~ from rha dorz th~~~~of ~nn! p„~J at thr ~~re o~
^~+'c per Centvrn per ann~,n and to3cthrr with f~:h inte:est sha~i be src:.rrd b~ lhe :~e~ of fh~s morlgage.
To permi~, tommit or auf(er no wasfe, impairnicM w detrriora~ion of sa~d pro~~rrty or ar.y part th~~rof_
5_ To pay al: and singula? the costs, tMrBca u,d ea~xnses, ~n:iud~ng a r~asonablr afco~nr~•'s Frr ,+nd ccs~a of ebsnaUS of r~f'e, i~~cvn,:~ o. pa~d at
eny t~n:e by said MORiGAG'.E, because w i~ ~he er~nt of thr fo~wre w+ ~he W~t ol tha sa~d M~kiG~CsOR ro d~:y, p~a~~yr~r end lv:~y Fr~lonr., d~un~~ge
~.e.ute, elfKt, cpnplrre, cai.piy wah a~d ab.de by each and rve~y ?Fu st~p~lm:on~, agn•e,~~~~rs, co~~du~ons, and covr.~a~~~s ci s~~d p~on~~sw~y nute e~:d il:~~
~v«gage any or ~~ihrr, and sa d costs, cherges and eapens.s, each arx! evcry, shall be ~m~~.~~~d~at~•' d~a af~d a
Y F~si;:a: whrtf~~er W not th.•r0 b2 no'~CP
marid, a7tr~npt to co:feet a suit pe~~d~ng; and the fu!! arnoun! of rech and tyery such F,a~meot sh,~Il bea. ~nT~rr:t f:o~n ~he dare thc~rof ~m:l pe~d at tne
O~ nutC ptr Can~~m Fkr dnu~~i; end all Sdid C4Stf, Charget anu r4p:enies uKOrtet~ or pa~d, tOy~tl~2r ~v.111 Su~h u.tc~ril, ih.+U E~ s~~t..ird by the ~~~'n O~ th~f
~nw ~gagc.
6. Tha~ (a) in the tvent of any brea<h oF this Mortgage o~ detau:r on eh~ pa.r oi ~t~e b!ORTGAGC~R, or ;b! [n ehe evrnt any o4 sa d sums money
h~~re~n relzr~ad to be no~ pranprly ar.d f~lly pa~d within th~rr~ ~3J; d~,s ne.t a•r_~r the s:+~~e se.cra':y b~canr d~e a~:d pa~~b!e, w~U~o.a d<~~~a~~d or nor,~~,
;~!c) in thr event each and eve~y the snp~:ai~ons, agreements, cond~t~. ~:s and covenan~s o! so d pro ~~:siw Y r.or~ ~„d d~ s r.,o<ry>ye a~:. o. e+iher e~e no~
• y, prom.ptiy snd fully performed, d scharged. execut~d, eftcc~ed. canp;er comp..ed wnh and a::•d._-J 5y. !!~en in e•ther or an~ su:h evrm the sa,d ag-
a~rg~tr su~n mz~~~oned in ta~d pronJSSU.y nofe then rema~rting ~r;~a~d, w~eh ~nrrrr;t o:c~ued, a~~d o.: mo~:.:,s xcurcd herrby, st~al( b~cu~nr d:,a and pay-
a~ r iormw~rh, w rheresfrer, at the oprw~~ of sa~d A1pRiGAGiE, as lu1~y a~~ co~•~p~r[e~y as ~i a:i of s...d s~:~s of ,.:~,~ey v~e.e o~~y.~~a.~y ~r p~.mrd
•a br pa.d o~+ wch day. a~y~h~ng in sad pro:n.sswy ~ote w u~ ~h~s Mortgagr eo ~he co~,trery nor.v~~hss3•:d.~~g: ar~ ih~~rrupon w t~xr~•,t~~r a~ th~ o~+,o~. of
s- d A10RTGAGEE, w~thout not~ce or demand, suit at law w in e~~dy, ti~refote or U~rrraiter beg;:n, n~ay L•e proscwted as if a:! monrys 3rcuied hrreby
r,d metvred pr~Or to ~ts minluLOn.
7. That in the event tha~ at t?K bcginn;~~ of or at any t~~ne prnd~ng any wtt upon rh~s Mo~tg~ge, nr to 4o~cdose it, or to rcierm ir, or to entorce
Favment ot any c:a~ms ~e~eunder, sa~d MORTGAvEf shall apply to the Cowt hav~cg ~~r•sd.c•...n ef.~~:eof fu~ +h~• a~ ;;o:nt~n~nt of d RPCav~~f, SJCA ~p4~~ shmi
i~nnwith ~p~mt a r¢~e+ver of sa;d mongagrd prooerty alt and a~~x~~~ar, i~ci~,d rg a,i a~~d s~,:g„•ar ~rcvn,e, H•cf~ta, ns~es a~~d rr,rc~.ues fro» v~h_,rrver
s: u•cr der~~ed. ejch and every of wh:ch, rt ~ eapreu'y unde~sraed: ~a her~uy me~rga~~•a as c4 spec ~~ca.!y ar~ tori~ and dasu~lnd m th~ g+anT~na a~:d
~»~endum ctauses he-eof, and wch Rec~~er she~i v It r}.e broad a~:d efiec+,ve iu~~r..o .s e.~d F+v tiCr3 ~n any:vMe_$n1~.utld by d CD'J'} !o a R~c~~.er, a• d
s_ ch appoinr/re~tt shal~ he made br svch Court as an ad•o~tred eqvay ar.d a maKp oi abs~iwe nqM -?o~sa,d IyK~RLCa~;GEE, arx! ,v.~ti~_:,t r~fere~~ce ro ri~e
e~i_a~~~cy a inadeq~acy o1 the w:~e of fhe p.operry morrgaged or to rt,r so.r~„cy or ~~uoi~ency o~ sa:d /LtORi„AGCR or rhe dr~e~~de~~rs, a^d ~h,r s~ch
^+s- prof:rs, inconx, ~ssues and revenues shail be app;~ed by wch Rece~Ye~ acce*ci.ng to fhe i+en or rquity of sa:d A,IJRTGAGEE a~:d ihe p~act,ce of such
CourL ' _
8. To du'y, p.omptty and fully p~rform, d~scharge, execute, e:fect, compkte~`comp(y ~vitfi end.~b;ds ~ eac?i and every the stip~:et~uns, agree:nrnts.
c~%d~r~ens and covenann ~n sa,d prom~sswy note and th,s R:orrgage srt for~h. '
' ' ~r .y.
9. That in rhe eve~~ ~he ow~ernh~p of the rr.ortgag~d pre~,~srs. or any part fhereof, bho~++ci v~Sted ~n•s ~~rso~ o~her than the M~RTGAGOR. the
•:~C'GAG{E, its succrssors and ass:gns. may, wiiho~f nonce to snP ;10R2GAOQ, desl•w~thrseKb.+uQeL~Or aucEeispr'in T~rerest v~~}fi rrfrrrnte to th~s
o Tgage and rfre d-_t~r h~.rby secu:ed ~n rhe sa~e mann~r ~s vs:~h bt,,~r~ago. wNhoul io sn'y ~iray~vel?Ol~g o?tl.schu9~ng f~ f,~er~g,~o~s' Lab~~~ty herr
,•-9er w u~wn the d~•b~ hereb~ sec~*ed- No sa'e of the F.e~r~:es h~•r~~br •*~c~tgaged~d no~ol~eaYane~"dA tl~p ~t o~)hr Rt~RTGAvEE or +es s,,.,essas
r ess~gns ar,d no e~te~swn of the r.mz fo. st,e payr,:en~ of Yr.e deb+ h=~•cby sec~r~d g~ven br the /.~OR?GAGE`_ e• 'ns svuesson or ass ~ns, a;,a!1 o~:e:ate
rc re~ease, d,scharge, rrod,fy ~heng~ or afied the or~g~nai Gaa,.ny oi ihe A'.ORTGAGOR he.em, e~tner m V.ho!e or in pa~t.
10. It is apec.fca~y agreed ~hat time i~ of the esx~ue of th;s co~~vaa a~:d that ne wa~ver a( any oc' gar:on hereunder w of the ob!igat~on sr
.~-rd hereby ahai, at an~ ur.ee ~herrafrer be he:d to be a wa~rer of the terms Ae.cro~ or ot the ~~~in.,~nrnt s.•c.,•ed i~~,by.
11. fn ~ •o +h.= fcr~-a~ •7 o^.ri.~y pa~,.._nrs o! , e' and a,:•,.csr req,,.;rd o•~ ~he ~.•u,,, ssor: s: c_~•rd h~• _b.. ^.O'T3e~?r eovenar.ts
~.i ~grees to ra~ r~ •,o'ts_jyre ,n~rh ea.h on~h y~a,~ :rn~ an ad:! •:onai sv~n rs• ,,rrd b~ ~,:o-t~~~rr to br cq~i ^to i :2 ot i:.c cost oi th._ fo.~o~n-
A-,1': •~a' rrot.,r•y •aa-as ie,~_d er ass•~~s_d eg,~~.s' ~nr ac~~:e dc~sc•:F..d es•.,re
6- F~._ ^s o~ ;~-e and ~•.ndsto•~n ir.SV~Jrce ~s ne+c~r. •rq~:red to br ca•n~ d cn 'hr r •ov•~•n~•~ts s!,;atr or. t.,_ abo.c d_sc•~6-d r m;
C-Pre~. s e~ s.:ch n'o•t, - ~ ~ F r ses.
~,gr y~a•a~~ty ~csu-a~ .e as .no••gay•-e sha,t f,~.•. ••*-e t„ ri<< f,t T
_ o ca•ry o~ fhe Ecan s•.~wrc•J h...~.u~_
N!w+g.~q<-~- s• r~, :r ro r=•..e n~:~fy mc~tcagcr .n w•~r.ng ef the e.-o.~r d~r and payai.;e here~~d~•• and s:~cF. su~.• sh,;t t~,,•~~„~bn be due a~td
...:b'r on !he ~i r~~ nr.r -nrh.~ p_i~:.~e•~r a•,d eecti i.::crss.~e - o...Ih .•e!T vr. mcrfg~gee she;! r,or fy ~ao+ ot a cf,an~e m wch
•..,M. S~:!~ s~^s s' _.r a;;~~.~ed 5y mortgag.•e to~na'~ !Re ~~:a~n:ene ~f rr;, preF:e.tr aa¦es. ~nau:a:ue pre:::.~ns. a d.,.~,.~~+t3+~c 9..~~dMy~ inSUrdr.c@
. ,~^~~~mi.
t'J ~':tt•~=,~ ;.N_R;O' +^e sa:d /L1iJRTGAG0~2 has hare~n!o se! h;s b.~~~.d end s.•ei ;h~ da~ and year f~nt a~eresald.
n S~gned, Sealed a~,d ~elive~ed in the prexnce of: ,
~
~ j~C - ~ -=~~-_(Seat)
c_ c_~c_ at_
- ----a - -
o - ---T'- - t- - - 'Sra!)
- - 7CX----~ -I~--~(Sea')
- _ -----~Seat)
S~ :TE OF FtORIDA 1
- St. LuCi@ } u
`UNTY OF - ~
Befwe me personaUy appeared ECi1~iAld W• P1'~C@__~_____ ' a~
~81'Z8 Pl'3C@ _ h~s vvife, to me v e~i known and Mr.own to me ~o tx
~ ind,~~dw:s desvatrd in and who e,~ec~tcyi ~he forego~ng instr~menr, ~ acknow:edged befare m. t~et rhey eaec; ted the s~ r:e {or tfie p~,rppses
i~e.em tapressed. And the said. ~19TL9 R• pI`iCe
- < - - - - -
n~e of the sa~d _ .____~1~ w~ Pl~CA v~o~ a seps~a~e and prlr~:e
• e^~:nat~on ty me taaen se:.a•ate and apar~ fro~ F,tr ss~d huab~nd, at~~owitdged to a~d be~o~e ~ne th~t sne eac.v:rd sa+d ~ns•r,, •+e~~t frce:y e=:d vG;u~-
ar.d w.rh~t any cP^~pv~s~on, Cons'ra~nT, apprehen~.on, ,p~ ar of oi from her sa~d h~sband.
~VIiNESS my hand and off:c:a! seal th~s -----~~r - ~"y °f- - - ~13~-USt. - - A. Q. i9_Z~
_ - _ _ _ _
Norer~• P~t~',c ~n an~ for tht~ate~ f f:D~~d~ ~j ~y~
My Comm~sf~on expuef: ~t- / G~
Return Io: / / •
i:ru Federat Savings 6 loan /lssoc~at:on /Q , ~
~o+rnP,~cce f , r~e %~~4a92 ~ ~ ; ~ ~ :
~1 . . e
Fi~EO ay4 KEC040E~ '
ST. WC1E COUMt1f FIA. - ~ ~
ROGER F~1~tRAS ~
CtERK t1RCU1T CWJRT ~
This Instrument Prepared By JO~]I1 ~T. COu~AS RECCR~ vE~s~FIEO`..~
First Fede:al Savin~s b Loan Associati~n
of Fort Pierce ~ I~Ol'1dS A~~ ~ 6 4~y PN ,y-
Chetked By - f
^ ( CL~~C
L~~~194 25i3 ~
. Zfs
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