HomeMy WebLinkAbout2518 J. io p:~ce •nd conrinuously kcep on tAe bui:J~n9s nuw or herraf~er ~~tvare on ar~d Iand and on e~I cq~~p~~xnt and pr~scna~ly cover~d by 1h~a mor~9-
•gs. w~th •11 pren~w:ns ehe~eon pa:d ~n 1~1~, hro inswsnca ~n ?he usual ~ra~da~J poi.cy form. in a i~m aywuved b~ ~he MJk;GAGEE. +~,d wu~d~~am
~nw~ance in the ususl t~andard ~w~•ty ~w~n, in • tum ayp~o~rd 4y ~he MI~RIGAGEE. wch canp~.~y or canp~n~cs as t1~e MORfGAGFE may
Avect; ~nd ~G I~re a~~d w~ndsrurm ~nsuro~~ce ~10IK~Pf un uiy ol sa~d kw~id.ngt. any inte~est Ihere~n o~ yart thr~rot. in d~e ayy~cgeee W~n afwesald a
in •~cess thrreof, ~AaII conr~m ~M va~a1 s~+~~da~d mwtyagce c~ause or such o~he~ a~ruae as ~he Mwiysyre mey ~eyu.rs, m+A~~~q ~?~c ~oss wKla s.+~d poli-
c~e~, exh and every. Mrab'e ~o sa~d \lJR1GAGEE as ~~s ~nterest moy appear, oai cah a~~J ~~~~~y ~~th {:a:,:~ sha~l tx prwr.ptiy ass g•~rd a~~d deL~crrd ~o
•ny MW by sa~d MORfGAGtE ~s fur~Ar. secun~y ~o se~d n~o~tgeqe dcu~, and. ~w~ teas th.~n ~r~~ (101 ders ed..?~~cc of ~he e¦p,r.~•u.~ 04 ~.,cn vot~cy. ~o da
i:ver to u~d MORIGAGEE • re~xwal ~hereof, ~ogeihar v~~~A a roce~p~ Iw ihr prrmiu~n ol wch ~e~~r~el; a~~d ~here shall be no Lre o. w~~~d~~u~~~ ~niur•nc~
pleced on any ui sa.d build~ngs, any irorrett there~n or part the~roF, v~~!rss ~n the fonn •:~d w:th ~he lotis payrb~e as alo~ess~d; and in ~he event any svm
of money beconx~ pa~able under wch polECy w pol~ues sa~d MJRIG>>GEE :h,tl have dwe oH~•on ~o ~rc~~~r a~~d app!y ~he aa,ne on auo.,.~~ ol el~e i~~cirtf~d-
nHf fKur~ ht~tby W t0 Perm~l Sa~d MORTGAGORS 10 t¢CCwC dnd ui! il Of •ny {~.+rt th..:~•ol lor o:n.~r ~.urE.usr1. :..thv~t Ih~.iur .:r nr,p..~r.
;ry a~~ equny, I~en or r~gM undrr w by v:etue of th;s mor'gagr; a~d m the evem sa•d MORiGAGORS ahe'1 !or any rcaion ta~l to Aeep thc se~d prem~tirs so
:nw~a~, O/ ~sil f0 deh~er prw+~p11Y anY OI ~md polK~rs Of ~nfuro~K! ~o ta~d MORIGAGEE, w fail p+oniptly fo pdy fuily eny p~e~~jwrn th.refo~ o/ ~n •~y
rei~•ed f~J ro perform, d~scha~ye. ea.tu~e, elfec~. cor~pte~e. co:rrly w~~A and ab.de by ~h~s cuv~•na•,~, a any p.ut h~reof, se~d MuRivAGEE ~~ey p~~ce •~u
pey fp tuch insurrnc• or •ny part therrol wi~houl waiving or aflecriry any opt~a~, lien, cqu,~~, or nyht vrde~ d by v~~t~e of this A1ar~yage. •nd ~he
t.,11 a=+w„nt of each uul e.ery such peynunt shall be ~mmed~a~ely due acd payable and shall bra. i~u~r~•at hu~. tha da~r ~hr~rof uniil pa~d at ~he rate ol
•.,r.r pr~ cretum prr annum and to~~~hrr v~~th such ~nrrrest shai~ :~e srcured by the Len of t~~a nwrtgagc.
1. To permit, comniil w sulfer nu waste, impairment or detr~.orohon ol ia:d property a any pert Ihrrcof.
S. To pay alf •nd sirw7ular the costs, charges and e¦penscs. ~~clud~~g a reasonable artorney't (er end ccsts oi abstracta of t~tle, incurred or F+~d a~ •
eny time by s+~d MORiGAG:E, because or ~n the event of the fa:lure o~ ~ix pan of ~he aa~d MORiGAGOR to duly, p~omptly and fu~ly per(O~m, d~uharge_ i
e.ecvfe, effect, canpie~e, comply w~~h and ab.dr by ea:h and rve.y ti,e st~pv:as,ons, agrrrn+~•MS, condmons, and covenanTS of sa~d p~a.~~~ao~y no~e and ~h.~ ~
~:a~gage any or e~ther, a~~d ss.d coars, chs~gee and eapensrs, each and e~r~y, ahall be im~nrd~a~rly <iue and payebtc; wherher w not ~he~e be ~o~~ce d~ {
~.and, attempt to co~•ect w su~~ pe~~J~ng: end rhe t~ll a~no~n~ of e~ch •nd e~ery svch payrne~t shall bea. ~nla~p31 from ~he da~e thereof un~il paid at ~he
,,r e~ mx Fxr u•n:-~m ~wr e~}~~+.~T~; ~~~C eil sa~d costs. cha~ges and ca;x~~sea ~nc~rr~d a pa~d. iog~ihar w~th soch ~ntrres~, ihall be secured by the I~en of th~s
mOrtQ~e.
a. Thaf (a) in ~he event of any b+each of thi~ Mwtgage or defa~lr on ~he part o( the MORTGj1GOR, w~b) ~n ihe event a~y of ss:d sums o( monty
he~ein refe~~ed to bc ~~ot pron~ptiy and fu~ly pa~c! w~+h~n ~h.rty (30) dits ~c.t aetrr the se~ne srve*a:ly bec~+~~e d~e and payabte, witho~t demsnd d notice,
er ~c; in the evcnt exh and e.ery the s~~Fw~a+~ons, agrerments. co ~d~c~o~~s e~d tovens~zts of sa d pro~+~~swey .aee and th.s mor~gsge any w e~~her •r~ nol
i~!y, p.a„pdy anJ fully pt~fwmrd. d sc+urgrd, exec~ttd, lffected, twnpieted, canpi~ed ~n~~h a.,d ab~ded Sy, then ~n eaher or any such weM ~Fw s+~d ~g
~r~-qate sum ment~oned in sa.d pro~~nsao~y ncte thtn r~ma~ma~g unpe~d, w~th intrrot~ acvurd, and a~~ ~no~~rys secured hercby, ahaH-become dw and pay~
a~ e lo~~hv.ah, a thereaE~er, at the op~~o~ of sa~d htiOR'GAGEE, as f~i1y and complerety as il a!i of ~hr sa~d s.,ms ot n,oney were w~g~nally stipu~atcd
ro be pa d on svch day, an~th„~ ~n sa d pro n~a:wy note or in th~s Mwrgagr to ~he ca~rrary not~~thstand.:~g; dnd therevEwn w thrre+iter tM optqn of
s~.d MORIGAGEE, w~thout nor~ce w d~+nend: su~t at law or in equ~ty, ~herefore or tf.errairer begun, may bc proarcuted as if all money ~ecured hereby
nad marured pr~or ro ~n inantur~on_
7, iha~ in the evert that e~ the beg~~n~~9 of or at any ti~ne pend~ng any su~t ~pon ~h~s Mo~tgage. o~ to fweclose i1, or to roFo.m it, or to enforce
payn+ent ol anr c'aims he~eunder, sa~d MJRiGAGfE sha:l appty to the Cour~ hav~~'g iur~sd:c~~on riKreot 4or the appo~ntment of a Rece~ve~. such Cour~ shad
Forthwnh appo.o~ a rcce:•:er of sa~d mortgagcd prooerty a!f and s~Rg~lar, ;nc1~,cl,ng ati a~~d s~~~y~~a. ~he inco~ne, p~of~ts, i~sues a~+d revenuea from whate~er
uu~ce dr~~rcd. each ~~d every of arh:cl+. ~t be~ng e~preas!y u~de~s~ood, n he•rby rnorr~,~rd as if sprc.l~caily set ~o~th ~nd desc.~bed in the flranf~ng and
hebendum c~avses hr:eo~. and such Receiver shjH heve a11 the broad a~d effec~~~e (u~xt.ons and powers ifl ~nywi~! entcusted by • Court to a Retaive~. •nd
s~ch appoi~tme~~t shall ~e made by svch Ce~rt as an ad:nuted equity and a matter of abso~ute right to sa~d MORiGAGEE, a~d w~thcut reference to the
edeq~xy o~ inadeqvacy of the wlve of ihe p.opcrry mo.egaged or to ~he so.vCnCy,.W _~nyo~vcpty,0~_}~~d MORfGAGOR or the defendants, a~d rh~t s~ch
re~.rs, prohts, income, iasves and re~en~es sha? be appt~ed by such Rece~ver accord:ng t0 the tien or equtty oi sa~d MORTGAGEE and thr pracnce of such
CovA. ti ' . .
. .
8. To du!~, prw-~ptiy and f~lly pt~(orm, d~scherge, exccute, effcct, compieee, con,ply w~th and abide by tsch and every the st~puiat;ons, agreements,
_o~d~Y~ons and covenan~s m se.d pronusso:y note and th~s morrgage set forrh. ' '
9. Thet in ~he eve^t ~he ownrrsh~p of the mortgaged prem~ses, o~ any pa~t'•the~eof~ becornes~sfed in t pe+son~othet than the INORTGAGOR, the
YORTGAvEf. ~fs svccessors and ass•gns. may, w~thou~ no~~<e to ~he htORTGAOR. desi wnh sutA succdlsM w foctefsw io lnterest w~?h reterer.ce to this
~~o•+gage a~~+ e?~e deuf hereby secured ~n :ne same man~er as w~th Mortg.~gw weFwu?aw•aay way vir.atinq or d~uhargin9 the"Mo1*gago~i liab+l~ty herr
.^der or u,~on the drbr hereb~ sec~ ~ed No sa!e of rF.e F.e~*::ses he:e6t mor~gagrd ar.d no forbearance on tF.e part o1 rhe fJ10R7liAGEE or 1rs wccesso+s
e• asi~gns and no earens~on of the nmr fer ~he payme~t of the dzbt he+c~y secu~rd g~ven by the MOR(GAGEE or ;ts successo~s ot ass[gns, s~~all opera~~
ro rrease, d~scharge, mod~fy c`a:,gr or affecr the or~g~na! La~...ty of the N.ORtGAGOR here~n, either ~n whole w in part_
1J. It is spec !~ca:~y ag~eed ~het t~~ne is of the esse~ce o~ th~s conTrac~ and ~hat no waiver of any ob'~gat~on hereunder a of the obligation sr
c.•rd hercby sha'.. at an~ on,e tnereatfe~ be he:d to be a wa~.rr of the terms he~ecf o~ of the u~strumeM secur¢d herby.
I1. I•i =;id ~ ~ 1~o tJ~GC`j_ 'J ^ J~11F~~y ,^,~ym~ms of prr..c p~; and ~nrres! ~e~~•~ed by the prom sse.y no~e sec~•ed he+eb~, mortgayor eo+enants
a~rrrs to ;+ny to n~o'}3r.yre w~rh ~ech momh.y pay,.eent an add ~~onat s.,m es^ ~ a+ed ~y mo*tyiqee to be eg~a~ to 1 12 of rhe annua~ cosr of the 4o~iow-
I
~
~ A-:.N rca F:+cpr••, ~~.=s 'e.,_d cr assess_o ags~•~s' tne aco.e d~su~bed :cal es~ate.
f B i: r-s o~ t•~ dsr;; .rsu:a~ce es ~ere~n ~eG~.rcd to br carned c~ th- •,~ovemen~s s~tvatr on rt,e abovc desa~b~d prem~ses.
~
C-P~e~ s o h~ gr g~e j•1 rsu a:e as rno'13a^yee sha.i fre~ ~ e+o d.em f~t to carry on t!~e loan sec~red hereby.
` A1orTgagre s~_..' e tc +•^-.e -~r -aqc• m v.~.~.~~y u~ the a-•~o r d..c a.,d payab•e he+rundr~ and svch w~~ sha!1 thereupcn be dut and
~ .,.ab:r pn t hc c:,~- o.;•~ r o.-,r n, p~~~•,=n r a~, d e~ c fi s v c c e s s~ ~ e ~ o>:en r~~~ r~N~r ,,~t~, mcn g~~ee sha!! noe.f y mo•r ja gor of a cha n ge in wch
~ i~~~nt Suth s, rs sF? ~r aF~. ~rti by mcrt~ayee to~a•d the pa~ment of ~ra~ Qropertr ta¦es, inwrance prem.~ms, a,.d ~rtgage g~aranty msunnce
~-?miums - ? ~
( 1~1 1'rITNf~S '.~N`_ViOs :rte sad Mi)+ZiGAGCR has hereu?~o xt h~s hard ar.d arai +he day ye ~fint sfuesai~ -
~ , Seal d deli.cred in the p~esence of: ~
% ts.~q
~ . .T^.~ . ~ .
. ~Z Z ' ' (Seaq
~ - - - - J _ --(Seaq
~ ~ .
- _~CJ~` "~1`4_~~!~'
~i~~L~ . _ . .1 - (Seai)
~'aTf OF CILYRiIpll ' - =~r~ ~
SS
~JUNTY OF
_ .
defore me persona;ly appeared - - and
i-~-~ _ h~s w~fe, to me weil known aT+d tnown to me lo be
~ ~ ~ ' ~
r~e ind~v~dua:s desu~bed in and who e~ec~~ed the forego+ng irstrumer.t, and ackno+v~edged beiore me that they e,eetuted tht aame fw the putposes
~ ~ -
~ fhrein e~presxd. And the sa~d - - - - _ _ -
•c = -
~ ~e of fhe se~d - - - Z.- . . ~ . ` _ - uFwn • separ~te and priv~t~ _
e. eT. nst.o~ by me taie~ se:.arete e~d ap+n frc~n her aa d hvsband, sckr.o,~,ledged to ancl befw thet she eaec~ted ss~d inst~~rner.t freely a~+d volun-
~a•:,~ and w~thout anr co~~;,v?swn. const.a~nt. apprehe~s.on, w fyr of o~ trom her said hus t
` WIINESS my hand and o~fic~ai seal th~s _ day of_ A_ D. 19
y
~
~i
Notary P~blit in tate ~t larpe
~ My Commas: pires: ..t::: i'i:
~3 Rer,,~n To: yy W. FIF3L0
~ First Feder~l Sawings 3 loan Assoc~at.o~ St~te ot \ew Yott ~
~ l~0. 30-628~;0~
(~lilitd in ~assau ~ aiuOtr
: 214094 ?
~ fo•r ~:•*ce F:,_•.de (:lrtifieate IJt~1 ~n '.:nds ~
Term b:ytra ~Lcch 3Y. ?~7
~ .l i.
5 fIlEO ~~6 RECOROEO '
~ ST IUCIE COUNTY FLA ~
~ . . . POGER PbITRAS ' : . .
This Instrument Prepared By CIEP.K CIRCUIT COURT
~ First Federal Sav,ngs & loan Assoc+at~on RECORD vEa+FiED~.~.~ ,
of Fort P~erce, - - -
~ - - . - ~ - Auc 16 4 i9 PM'T I " ~ . ~ ~
~ Checked BY - ~ ~iti- '
~ 194 251? _
~ .
~ _ _
_ _ _ - . _