HomeMy WebLinkAbout2522 To p~.+cr end conr~n~ousiy krcp on ~he b~~:d~ngs now a hertafter s;twte on said ~and a~~d w+ ali equip~~~eot a~~d prrsona~~y coverrd b; thit mortg-
e9e, w~lh,dl prrn,~u~ns ~h~•~eon pa.d m tull, fur mwunce ~r, tha uwal s~a~da+d ~w:~ty loim, in a ium eFy+o+~d i~~ thr Mt7R~G~t3EE, a~~d wi~~ds~am
;nivrence i~ ~he vwal •+,ndo~d pot.cy to.~n, in a swn aFPro.cd by ~he MORTGAGFE, in such comp~ny or car•p.~n~es as the MORIGAGEE nuy
d~rcct; ~r~d all fi~.r and W•~(~i~JrT inwrance pol~urs on anY ol sa~d b„~td.ngi. any ~n~e•as~ ~F~re~n or yart th~reo(, in ~he agg~eyate sum afo~esaid w
in e:ccs~ thrreof, ~hall :o~~~a.n ~he ~svai ua:~dard matgag:e dsus~ or suc6 o~hcr c~a~se as the Mongayee may requ~re, me?~ng ~hr ioss undr. sa~d poli-
urs, each and everv~ {M~JJ~I~ ~o sa~d :AJRIGAGEE u~p ~.^•:erest may sppe+r, and euh a~~d eve~y such ~:~c~ ~hatt be prwnp~;y ass~~~ed a~:d delivered to
eny held by sa~d 1SJRtGAGEE ss f~r~h~. srcunty ~o sa~d «~onge3e drb~, and, nor less than ~en t~~S dara i~ ~d~ance of ehe e¦p~~anon oi e•ch po6cy, w da
~,Yer to so~d h10RiGAGtf a ie~~..+al thereof, toge~hrr wi~h a rrte~nt tot the ~'e~*+wm af such rer.ra,o!; end ~he~e shail Ga rw f~re or w<<.dsto~~n inw~ar+c~
plued on any of so d b„~ d,•~ys, any 1nte~eat there.n o~ par~ thereof, ~n!ess in the to+m a~ul wuh ~he +oss paYaDte as afcresaid; e~d io ~hs rvenl a~~ sum
of money brco~~rs paYaV~r undrr such ~:icy w pol~c.as ss~d MORiGAGEE ahall have ~hr oN~~on ~o rec~~.r and apy•y dir sa~.~e on accouM of ~he indebtrd-
ness setured herNby cr ro pern,ir aa:d IAO4TGAGORS ro rtc.ne aM~ use i1 d eny pa~~ the~r~i ~cr o'::cr ~w~ .;tcs. v.,~,:~~t thr•~ .~a~.~ ,3 :,r ~~n~~r
~ng aoy equ~~y, l~en ot nyh~ uodc~ o~ by vi~~ue o1 th~s mc-rgage; snd in the cven~ sa~d MORTGAGORS aha'1 tor any reason fail to krep thr sa~d p~emisrs so
~~au:ed, d fail io de~~.e~ piwnptly any of sa~d po~~e:es of ~~~surance ?o sa;d MORTGAGEE, o~ fa~: promptly to pay fu:ty any prr~~~..,~n thErefw w in a~~
rcsFrct fail to pe~FoTrn, d•uhorye, eaecwa, eff~ct, cort~p~eTr, canp~y w~th •nd ab~de by th~s covenant. or any p.~,~ hareoi, sa~d MORiGAGEE may piace ~nd
pay fo~ such iniurence o~ any part thrreof wnhout waivi~g or affecting anY opt~.x~, lien, equ:~y, or ngM under or b~ v~rtue ot this Ma~gage. aod tht
f,;tl a~nouM of teth a~~d e.cry wch payr.ient shall be im~nrdi~tely due ar+d paYable and shall bra~ intcrrst frpn tFw dare tnercol vnul pa~d a1 the ratt o1
r~,ne pe~ crntum pe,v an~~~'+r e_~d to~~ther vv~th futh interest sh.i~i t~r stcwed by th! liln OF th~S mptgegO.
1, TO permit, tommit or suffer no waste, impairment o~ deteriorat~on of said p~ope+ty ot a~Y pa~l ~herrof-
5. To paY and sing.,:a~ the costs, cMrges ar+d eapenses, including a reason~bte atto~ney's (ee and cos~s of absrracn oi tn:e, incu~.ed or pald s~
eny ti~nr by sa~d :AORiGAG'E, bec.+use a in the evenf of the fa,iure o~ the pa~t of the se~d MORTGAG03 to du'ry. Fro~~+p~ly and f~•ily prrfam, d~scha~ge.
_,.-c~re, effect, canple~e, co~npl~• w,fh and abde by each and every the s~~p~~at~ons, agree~nems, co~d~r~ons, and cove~ro~~ts ol se~d pro•n~ssory no~e and ~his
,,o~rgaye any or e~the., and sa.d cos~s, cha.gea and exFenses, cach and every, shalt be immed~etely dve and ~ayat~:r; whrrhrr w not ~hr~e be oonce da
•-:.:•,d, at~empt ro co+lect o~ suit ~end ng; and the (ull s~noun~ of eech and every i~ch paymeM sFwll bea• in+rres~ from tke date ~hereof umil pa~d ~t the
• o+ n~~k ekr canf.,~n Fer en.~~ ~~d ~d se~d costs, chargrs and capr~:ses incvr~ed w paid, togrthr~ ~r.~h such u,teres~, shalf be secured by the I.en oi thi~
mor rgege.
6. That (a) in the e.ent of any b~each of ihis Mo~tgage w deta~lt on tF~ part of the V.ORTGAGOR. or ;b) ~n the event any o1 sa d sums of mor+ey
i~cre~n re~rrr~d fo be ~o~ pro~ng.~:~ a•,d f,,:ly Va~d ~niih~n th.~ry ;301 dats ~e.~ arfer fhe sa•ne severa':y beco+•~e due and pareb!e, w~~hout demand or no~ice,
in fhr e~em rach a~d eve*v ~i:r s~~p.. ~~+a+s, agreeme~~ts. cend~~~ons and coYenanta of sa d pra+~~iwry noea and ih.s mor~gagr any or enhe? are nol
i,,!r. pro~~ptiy and 1u:;y perlom~ed. dacha~g_d, e~rc~~ed. rftected, compteted. compi~ed wah and aL~d~•d Sy. ~hen m e.fnrr or a~+y such event the sa~d ag
a•~gatz sum ~~r,~'.o~~~d ~n ;a~d pro~~~•ssor~ ncrr thrn rema~n~ng unva~d. w~th .nterrst acc~ued. and a~l moncys s.:c~~ed hrreby, sha~i beco~ne due and pay-
e:; e(orrh,,.,~rh, or the~ea'ter, r~ the c~~•~on o+ se~d MORiGAGEE, as fu:1y and compleTe+y as il a~i o~ ~~•r se:d surns oi nwney were wqn.a.ly st~p~:ated
i~ be pa.d on s~~ch d.:{. anyfh~ny m~.. ti p~o:n,ssory note w i~ this Mwtgage ~o the contrary nor,N~thsta~+d~:~y. a~~d therrupor. w tt~ereaher a~ the opnon of
se d MORTGAG:'_. .+~•i:vi~t not.cr or drma~.d, swt at taw w in eqwty, therefore or Iherzafter begvn. may be prosec~ted rs if all nioneys ucured hereby
n_d nuturtd p~~o: !c .ts ~nS1~t~t~on.
7. ihat ~r. et..: e~rnt rhat a~ the beginn~ng of or at any time prnd~ng any su'rt ~po~+ th~s Mo~tgage, a to fo+ecicse it, or to re(orm it, or fo enforee ~
~.~.meM oF any ~•,:rs ~r•e~~~d,r, so~d A1JR'.GAGzf sha~l apply 1o the Coun havir.g ~ur~sd.ct~on tfierro! for the aF:µo~ntment of a Rece~ver, such Court shall ;
r, ~~wah ap~c~nt a.z•cr~.er of sa~~ rt.ortgagad prooerty alt and s~ngo!ar, inc:vd:ng ati a~~d ~~ar the ~r.tume, prof~f~lsyu9! is~ re~er~ues f~om whatever ?
s. :•:e de~~~ed. each er.d e~ery of .ui~ th, u be~ng expreaiy undrrstood, a ~erro~l morrgage~ es spec:fies~h se~ forth and descnbrd in the graro~ng a~d
.rndvm cia~srs t,erauf, and wch Rece~.e~ sh~u have aIl the broad and eitecr:ve fv~er.ons and po.Yers in anyw~ie rn~~userd by a tu.,~t to a Receiver, and
:..ch appoi.^.tment s^ r:,de by wch Cewf as an ed •~rtred egu~ty and a n•a!rer of ~bsoiWe rght to =a~d MORTGAGEE, a.~d v~~ihout reference ~o the
.;;_~y.>cy o~ inedr:~.;ac; of tt.~ va7ve of N.r p:oprrty mo.tgeged or to thz so•~ency o~ ~nso've~cy o1 sai~l 1NORiG:.GOR o+ the defe+,da~.ts, and that such
.~•'~~s, profits, ~nco:r:~, ~ssoes and rr:rnuea shali be appi~ed by such Rece+ver accord~ig to the I~ or eq~~y of I.lQR7GAGEE and the procece of wch
Co~rt. ~
8. To d~'~, p'ompt`y ar.d ;u:~y cer'o+m, d~scharga eiecu+e, ei!ect, camplete, comply w~*h and abid~ by~each ~Rd e~ery the stiaularions, agroements,
.o:~d.tior.s and c.~.~na:~ra •n ia.d pron+~sso: ~•~ote and rn:s morrg.~ge s<~ fnrrh. ' -
9 Thar :n fhe ev^~t ;he ownershlp of the mo~rgaged prem~ses, o. any pact the~eof„becomes~it+sfed in a person.O~he~ then the MORTGAGOR, the
,~:'GAGEE, fss s..~c~~ss~•s ar.d a~s.g~~s. ::~ay, w~~houf .^•or~ce to ehe :'•ORTGFOR, deal~w~tR such successd a sutzrssa in myres~ yr~~h retrreoce ro th~s
a
~ r~gage ar.d rh„ ~:~.:t hcr~hy Sc'WtCd ~n ±he same manner as v.~fh bto~t3ago+ w~tfiout ~n any way vit.ating or d~sct.arg~ng fhe /~lo~tgagori liab~~~~y FK~r
.~•r a ~pon :n~- a:'v - -~.'cd `+o se.e oi ~he F:r•r srf hrrrby .na:tgaged a~d no to:t~e~:a-:ce or. the par~ of thr MORTG!1GEE a da sutcessc~rs
ass~g~~s and •~o earer: on o! 'nr r.~-~~~ tor the payn~em o4 tne debt hercby securtd giren by the MURTGAGE~ o~ its succeasws w ass.gna, ahall operate
re~ease, d:scha:~e, mcd.ty cha~~ge or a+fect ~he or~g.nal 5ao.. ry ot the AtORTvAGOR lu•r~~, e~~her in whole o+ in part.
10. Ir is sp.-c,f~c..;.y ~•c-aed rh3r r~•ne is of the eise~~ct oi th~s co~~+racr and that no wa~ver of any ob~ ga+~on hereunder w of the ob!igation sr
c:;~ed hereby sha . a: en~ n-~ in~•r_a`~e~ be ne:d ro be a wa~ver of the tenns herro4 w of the r.~strv~ent sew*ed herby.
~n , , };ay~~',n*s ot ~:,::caai and snr;res~ requ.red b~ +he p~curssc.y ro•e s..u•rd he+eb~, mortga~or eovenants ~
, ~ a~•ees tu , e; ~:~•e a~s>~ ra;h ~.•~~vn ~~.-.~.~.,er,t an ad:i ~~onai su~n es• • ared b, mo~t~ayee to tx e:;.:.n to 1 12 of t':z en~+ual cost of the follow-
A--A.I r.e' . cc • rs :c:~_ ; e• ass•~ss_o eg.3~ :s• tFt abeve descr~bcd real et'ate.
g~• . ~ •..-3 dsr.;• •rs~•~-cr ~s ~e~e•n *.~q.,.^d ro be ca~ned c•~ the .+^;rove~~e:its s;~;;ste en tt•~ above d_so:bed premises.
~_p.~-,~.:•~S .-•~r~-,ge 9ua•a~~ty ~csa~a•cc as morrgagee sha~l freT •.mt ?o s~~r,e drem fit ~o ca:ry on fhe loan sewred hereby.
~,•o..q,~ . 5. u•.f: ~ t~agcr n,n~:t ng o~ t~e a,, o. ~t d~e a~d pdydb:C hereund.••.a:~d s~ct, so., :ha:l thrreupon be due and
~...ti'.. n~ •n . ._~c.t •,,,~.n.~ ia~. a:~d eecn suuesswe :~o•~th t!~e:eaft~r urr: mcr+gagee she`i r.ct.fy .T,o•tya~or of a change in such
i ,,,,ri $,,,'r - s~ . eF.~ ,c.d cy morr~eg~rr tor:a'd ~he pa~~ne~t of re~~ p~operty taaes. ~nsvran:e p~e~~.~:r.s, a.•d mertgige guaranty cnsurance
,~~u«,s
~ ~!J Y~!T?Jc ' r!c~•:.~ ,..:o S101t1GAvCR has 1wre~~to ut hh har•d and srel the day and year iirst aloresa~d.
E ~ 3; ned, Sea". o-a de'~ in ~e p~esence of: ~
9
~ ~
sria ayes ` T~' ~~~3
~ • ~;j----' - - f - cse.~)
i _ ~ - /_C~Yj'I~tlw.'/ (Seaq
~ - nrue e ayes ~~~i~
~ - - - -
:-~~E Of FLOR1t7A ~
St. Lucie u~
~ : ~.•JTY OP - - - - - ~
Belore me perwnai;i appeared - ~3 ~SY@S and
~ _ t~$__j,$Q~-~yes . his wi~t. to me well known snd lnOwn t0 rM f0 b~ _
.
~ ~nd~~,dua;s descr.bed in a~d ,nho eaewted rhe foregoin9 instrument, and ackno-«;edged befwe me that thry exec~ted the same for the purposes
~ rtir•~~n e=p•essed. A~d the s~ld - - AIlIll@ ~R@ H3y@S ~
~ :e of t~e sa:d - - ~I'2a_ HSyes_--- - upon a sepa.ate and priv~t~
~ T:natcn b~ mr ta,_•n se;•a•a~A and a~ an fro^~ her ,a d h~sba~d, acknow:edged to snd before me that sne ececv'ed aa~d inatrvrr+e~t Iree7y and volun-
5 ar~d war.o~t a~i c^ r::~!S~On. CO •S!~dict, ararehtnf On, O~( fear of or from her sa~d h;,sDand.
`t1~
~WiN:SS r-~r na^d a~d o'!rc~i: seei this _ day oi___ ~~1Sti _ A. 19~1
~ ~ ~X~
~ - - - u-~- -
y Notery Pu m and for the Sute of Fbrida at larfle
~ My Co s~on e+p~res: ~j~,
j. G~ / Y 7/
~P.,.,,
~ i~rst Federsl Sr:~~-~s 3lloan Asscc~a* o~ {
~ ~Yi)lA~2Y PS;t3! ST~TF GF FIARIDA A7 LARGt
~ ~ ~ ' !AY f.0~' :'.ISSl:)N EY?il7ES AUG. 6, 1975
• ` . ~ (:~wfR~i iNStfRAPJCE UNDERWRITERS, ~NG
~
~ ~ .
X FtLEO RECJ~~~O
' ST.l0C1E CO~Mtr flA.
~ Th~s I^s!rument Prepared By Ricr.ard K. KayeS st FOIiRAS
~ First Federal Savm s 8 loan Assaciation • ROC[
~ 9 , CIERK Ctn~WT vOUiiT
~ ~f Fort Fierce~ Florida pE~ORD YE~~F~Ea~"-" ~a
~ Checked 6Y F~d~ - - ~ ~ ~ 4 i9 ~M ~ ;
~;:~,rl :
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~ ~i94 ~i21 ~
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