HomeMy WebLinkAbout2524 To p~sce and contlnuously kcep on ~hs bu~'d~~gs now a herraf~e~ s~ruere on s~~d iand a~d o~ a~~ rq.,~c~-~e~~ and pc~so~a~~y ce.ercd bY ~h;s ma~g-
~gs, w:th all prtni~~mf t?.ereon pad ~n f~~l, f~re u~SUtdnCC ~n ~~K ~~~ai s+e~~~rd po'~cv ~orm, 1n a s~:n a~y+o.ad br ~hr htivR•~:..;EE, o•J v~~~dst~m
~rs~r~nce in the uswl s~anda~d po!.cy fo~m, in • wm dFFNJ.ed Ly :he MORTGAGfE fu:h con~Nany or co~~~;vn.rs as :ne AtO~ti„AGEE
d~r~c~; a~.t1 aQ liie ar.d w~ndstorm i~~s~ran:e pol c.es on uW of sa~d b~~~d.r+gs. any ir.!erest ~here.n or par• th~~cof, ~n the e99~•- ~a'r s::•n aiorosa.d w
in ~aceu thrreaf, ihall co~t.~i~ ~he us~~at sla~~dard mortgagte c,ause or such oiher c:ausa as the Moregegre may ~rqu.ie. ~~e~~~~g ~~~a •cs: a~~ui.~~ s~d poir
r.ra, each a~:d every, Wy~b:r ~o ss~d t.~ORiGAGEE as ~ts int~i.st ~n~Y eppear, a~c1 each and eveiy i~ch po..cy she~~ tx ~~o~~~N~~Y a~s g~.~J d dr ~.~-~~-d ~o
eny heid by sa~d MORIGAGEE as fui~n~v sec~i~~r ~o w~d ~T~wtga~r debi. a~~d, no~ irss ~han ~en U01 days i,~ ad.a„ce of ~h~ e¦H~~at.on o? ~•ech po:~cy, to de-
Lve~ to said MORfGAGfE a~e~:ewa1 t~~reof, toge~her vr~th a rece~pt fa ~hr p~rmium ol svch rcne+.a!: e~~d +!~<re s~v~~ br t~o i.~r o+ ...~~asrc•~n ~nsuru.ce
p!eted on ~~y of sa~d buiid~ngs. any interei~ lhrrrn oi pa~t thr~rof. un~esn in ~he fo.m a~+d v~~!h ~lu ~o~s pa~ab:e ~s a4c~e»~d: a~d ~n the e.•ent any a~~
of money bccomes payable under s~ch policv a Po~~<~es sa~d MORiGAGEE sh~~1 hive +he op<<o++ ro~rc~•~.c .~~~d a;~r_+ rhr ..+:~r On dC:UJ~~ of ihe ~~~3aat~-d-
nrss sec~red Mno~y ro pe~m~t sa~d MORTGAGORS ro recr~.•e ar.d use it a eny ~,::r~ u~r:rof eor o~~: r ~,.~s 1-•
ing ~ny equ:ty, l~e~ w•~ohf u~dtr p by wrtve of Ihis mocfgaye; •~+d in Ihe event sa d,\l~~T(~AGORS sh~'1 for any re~son fa~~ to kcep the sa~d ~en,~s_s so
:ns~rrd. or (a~l ro d~~:.n. p+a~,pHy a~y of s.?~d pol,ues of ~nsura~xe ro s+~d MORTGAGEE. or ta~: p~on,p!:y ro pey f~.;y en~ y:*r fnr~.`w a~n e•~y
res;~ect lail h per(am, e~scharge, tiKWl, l~fKf, tanp~ete, co:t:p~y vr~~h and +5~de by th~s cov~.~e::~. a any p-++t h~~eo(, 3-+•d Atv2i~,iaG E may p•ecr a~o
pay lor s~ch insurance w any part the~eof without waiving w affrcm~g any opt~o~i. Ltn, equ.ty. or nyM ~r.dar or hy v..n,e oi ~h,s Nor!9.+ge. and ltu
t~u a::.u.,nt of each and e.ery svch paymrnt shatl be ~mmc~l~aeely ~+ve and payebir and ah,~1 ~a. ~nrer,~ti~ tro.:~ tM: date ~h~~~wi u~•~~i N.~d at r'ne rate ol
n~ne per ctntum per annu:n .+nd to~rdxr w~th such inte~.•st sh~:~ tk sac~rrd by ttro i~en of th~s margage-
(o permi~, commit or suffe~ no waste, im{x~?rne~? u dnter~o~anon ot se~d proNarty a any pa~t thrrrof.
S To pay all and si+g~lu the costs, charges and expe~ses. ~~c~ud~ng a reasonob:r anornry's lee .~~~d cosrs of obsrracts of m'e, inc~r.rd o. y~~d a}
any t~~.:e by sa~d MOR~GAG'_E, beca~u a~n the even~ of ~he f~,:~re o~ ~hr od~i of ~he :a~d ~1JRiGACsAR d,,;y. p~o ~•~.+~r a~~d f„ ~,r p~•rfam, d~x~~~gr
=,rc~re, effec~. complete, canply w~th arxf ab:de by each and every the snp~la~:ons, agrrr~~~~~~~fs. co~d~t~a~s. and co~r:•a:~!s oi s~~d ~•o-..~sor~ nore a~~d ~h.~
~~o~egage any a r~rher, and aa:d costs, c!urges and eapenses. euh and ever~. ahaJ be ~~a~e'y dve and pe~a~ c; v.l+~'~er or noe +tir~e I7C ~JT~CP d~
,~„~nd, attemp~ to co:tect w svit pend.ng: ar.d the futl an,oum of each and e~err svc~ pa~~nrnt shali ara. ~~,r~•rrst ~rom ~ne d.+~e thrr~vr ~nru pe~d a~ t:.e
o~ n.ne per crnt~~n Ewr a~~~~u:n: and ai1 sa~d co:~s, chs~gr~ •»d fk~•t`I~S2S ~nc~rrCd or paad, royeii.rr ~..ih s~ch ~nir:rst, s~.~~1 be sec..r,.•O trY ~hr ~.r~ uf th.s
mo~tgsge.
6. That (a) in tF~e event of any breach of /hIs Ma~gage w de3eu:r on r!w part ef rne !1!ORIG~GOR. or ;bl ~n ~hr e.rnt any o! s.~ d sums o( mu~ry
herein referrrd to be not pre~np~iy and fu:ly paid with~n th.rt~ 130= d.~rs nex! a•rc-~ fhe sa~~~e sr.e~a':y bcco~~~e dx an~ pa~ab~e, N'~1ItJJ7 dc:~~a~~~d w ~cr~cr.
cr ;c) ia tht event each and every the st~pu:at~ons, agrerments, ce~~d.r~o•~s and cove~ants o! sa d pio:n~iso-y r.o:~ a:~d th s r.,o,egage e~~y o~ e~~her are nol t
i.,'y. p+omprty a~d f~lty perlormed, d achargrd, execured. effecred, canpleted, com;,+•ed v~ah and ac.d~.; `,r. ~~~rn u~ e.~in: or a~y s~:h e.era the sa:d sg
~•egatt sum mt~troned in sa~d prom~ssory note then rema~n~ng onpa~d, w~th intr~a;t atc~.:ed, ond .f•~ nwr,~rs sic~~cd h~frtiy. St~d~7 GcN~~~C d~e and pa/-
e forthw~th, or thereafter, at ~hz op~~on of sa~d MORTGAGEE, as t~:1y a~~ compx+c'y ..s a1i of ~?~r s.,.d w•ns o+ u~:ey v~e~r o•.~:•:a.1y sf.F~.afed
o br F~ d on such d~y, anyfh~r.g in s~ d pro+msswy note or in ~h~s Mortyag~ ~o ~hz conira~y nor..,rhsf~•.d. .g, e=~3 ih_•re..pon o. ~:~r~e~'fe~ at ~he oHt.on of
s• d YORiciAGEE, w~thout noT~Ce w drmand, su~t at law Ot ~n tq~~ty, thr~rfo~e or thcrraiter brgun, n,ay !,c prosrc~tcd as ~t ad monr~s src~red htrebV
r~ :d mat~red pr,or f0 ~K mS~~tvhOn.
7. Iha~ ~n the event ~hat at the beglnn~ng of or at any r~me pend~~~g any svn vpon fh~s Mo~Tgage, ur fo forec!ose it, or to refo+m it, o+ to enforce
; aymer.t oi any u~~~*+s hereundrr, w~d h10RTGAvEE shali apply to ehe Cow~ ha~,ng ~v~sd.cT.or. ~h~•reot for fhe ap>pant~.:rnt.of~ R~+r,/, such Co.,rt sha~I
.:rhw~th appo~nf a rece~ver of said morrgaqrd procerty aIt and a~ngolar, ;~x1vJ•ng a:~ a~~d~:nguFSr ~he-.r.cw.~. p~otds...ss~rs a~~d re~e~:+~s f.an M,hate.er
s: ~~-ce drn+ed. each a~d evcry of wh:ch, be~:,g eapress~y understood, is ferr~y n,or~gag d as ~i s~.~ec.l~cai:y set for~h and drsu.F.rd ~he ~4ant.ng an~
!~:.~end~m t:avses hrrcof, and sv:h Rcce~rrr shau have an ~he aoad and efiec`~ve iv~•c+.~~~s e~~J FwV.rrs ~n an~w.sr e~:c~u.d b; a f.c.:•s *o a fi,~en~r.. a~~~
s;h 3ppoin'me.~t sh,~ll be madr by svch Co~~t as an ad~nitted eq~~ty and a r*:atrer of absol~te r:§ht fo sai~!'~h10RTGJtvEE, and v~~*h;,ut re+e~c~.ce to tt:t
ac'.~_qascy w~nadeq~acy Of thr vaiue of rhe property mongaged a to ~he SavenCy o* ~~w•~.Y~+cr ol. sa~d MORit~AGOR or thr c+r~e~.os~rs, a•~d fh,r such
,-,rs, proi~ts, inco+ne, ~ss~es a~d revtnues shail be appued by such Rece~+rr ai:ard:~~g to the litn'o~ equity of said MG1kiGAGEf snd tF:e pra.f~ce of s~cA
LOiirf. , . • ' . .
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To du1y, promptly ar.d ful~y perform, discharqe, execute, effect, cempiere, to~~~plr w~~h and abidq by each an~ every the st~~n,iai~ons, agreements,
_~ndtions and covenanrs ~n sa•d prom,ssory noTe and th:s morrga~e set forth . .
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9. That ~n ~he eve~t rhe ownersh~p o~ the ~:ortgaqed premaes, or any pan tnereof, be~e~ veiTed iA'a'pRSOn o~h~r than the_MC}RTGAGflR. the
l~RTGAGEE, irs s~:c~as.xs ar.d ass~gns, may, without nu!~ce to ~he AtJCTGFOR, dre: v~~fh such s~ccessw o~ wctesso~ in :nterest w~+h refe~e~ice ro fh~s
o•rgage a.:d the d:~ot nereby secured in tht same manner as a~;h l.t~rr~ago. w~~ho~t in any way vit.at~ng w d~xha•3~~.g the f.tor.g;gori tuo~~~ty htrr
-~er p u~ the drbt hrr.ri;y securrd. tvo sa:a of ihe {:rr~~:~srs hrrrb~ ~nu~tgagrd a: d nc 1or~eara~ce en the ta*t or rh~ 4'•JR'.v~vEE o+ ~'s i~ccesso~a
c- ass~9~s and ^o c,.tens~on of she t:ma for the payment of rhe deb~ hercby sccu.ed g~.~<n by thr A'~pRTGAGf`_ o~ ;ts successors w assgns, s:~ad operate
ro re~ease, d.scharge, moa~ty change or affea th. or~gma~ ~~ao. oy of ~he M.ORiGAGOR her¢,n, erther m v.ho:e or i~ pa~f.
10 It ~s speo~~c.~~iy agreed rhat t~~.~e ~s of the esse~ce of fh~s co~+racr and tl,at ~o wdivK of ar.y ot gat or. hereunder w of the ob:igation sr
c~~-ed hereby shat~ at eny nme thereairer be hc!d to be a wm.er of fhe te:ms hereof p of the r~srrument srcu•ed hecby. #
11 Ir. 3;ia•.x1 to thr 4oreaonq .*-o•,!h'y ~%d~IT@f1T5 of ~.~~cpa~ and inr._resr requ~rrd b~ the p~onTSSOry n: r y.c~••rd h~~r:6t. n:J"~~333f covenants -
:~~^_~es re ;;ay to r.~-!g:jgee a~nc ~.+:t~ ~-•o~.•h y;,a,~ :enr art a1:i ~o ~at sum cs' ~ s!rd b~ +-,e~*g.+gee to be eq•~a~ ro 1 12 cr r.:r ~.+:a~ cost of ti~e fo~io+~- ;
a
' f
, A--;.h rra: ~:roprrrr fa.zs fc:~_~d o+ aasess,ci ag~~•~s+ thc e%;~ve d_sr_••b-d r,a~ es~are. ~
6 F .,-•s en f~•~ ar.d ~~^.dva•..; ~nwra~ce as he-e,n •..q~ ~ed ro M- ca••:.d c~~ ~i}r ,~~ve-ne:ts s.•:,are on f~: aa..c d_sr.!..d prr~e:ses. i
t
C-Pre~-,~v••~s r•~ s~ch n.ort3,ge g~a•anr~ i~s~r~~ ce as me:~g.+gee sF.3 :~:cT ••*:e ~o 'nr.r derr-i t~t +o carry pn itie toan secu:,d 'ne~ct~.
' Mo.ryooe•• s^. un e..,r to r~•e nc•f, r.o••~s~er ~n ..~~ang of the a~. ~•r d,~ a~d F..;a!.:e Ferr~ d•. a~~d r,:f: s., s~ 3:r_.e~~F.;n be d~e a~d
i ; . : . - . . y .
~ .~o4e o~ ci,;- _~+r.e ~_.r ~,-o~rh , Y~;•r, ~t ar-! e:~'~ s_ccru.~e ~e~, . n~rcrtg3gee sha't not i~ r-~o ;_r cf a ctian~e ~n s~:h
f • ~:,nf. Such s.;~^s s' :,r a;.i ~ed by r.icrgag ~r +o~.a~d ~ne pa~~nr~~r ot rr.:: p~e;.e~i~ rares, msura.,ce p~r~^ u_ns. a~d n:o~T~ ~gr g~a•anry ~nsurance
~
I ...n~:J~IS.
IN ':/:T`~f~~ :'~H;R;^f r~e sa~d 1410RTGAC,QR has hereun•o se! h;s h~rd a~d s_v~ rhe day and r f~rs~ a~ sa.d ^
S:gned, Sealed a:d dr'~+ered in the prescnce of:
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o ett
~ / ~ _~s~.>>
t- eh,~.ti~~- auline~DuretL :5~„)
- - - - -
~ G.
:"='E OF FIQRIDA ~ . ~
~ u. ~
; JvvTY Of - _~llCl@ _ 1
;
Betore me penoniiiy appeared ~y~~~'1 ~ls'~E~:.P - - - - - a~ 3
~a' lrl~,'~~t~ - h:s w~fe to me v.e? ?now.+ and known M me ro be ~
_::a:::a;;a!s deiu: wd in a~d who ~c_~ted tFr_ fwego~ry ;nsnument, and acknow~edgrd besore ~*+e that they e,cec:,red the ar.ne fw the p.,+poaes
,~.~•em e:pressrd. And the sa~d - - - - ----L~S3~1~21Z'~~~-- - - - - - ~ -
h , o/ ine sa~d _ t~~2Sf'rp11 ~a_. '~L'"~~esc~ G• - - - vP~,' a segruts a~d p~iva'~
~•.T na~.on by ~~e t3ir~ se; a•ate a~d apart !re^~ he~ sa~d /.~sbend. acknow.rdged to and txfo.e me tnaf s~e e~ecu'rd se~d q+s+r,.~~ f~ee~~ a+~d vo:vn-
.u ' ~ •
x i ard w,rno„t any comp~:s,un, corstri~nt, a~prrhe~s o~, ~r fear of or kom her sa:d husband_ _ ;
y \VIT>iE55 r+y ha:.d ar.d c.'4~oaf ual th~s _ - i ~ - - _ day cf - - - . A1~iLS~- _ - ' ~ IC D: t9___~l._
~ = ' :
~``j R
- - No~sr f .,Gf,c ~n an~ f th~ Lts~~of ~~or~d~ ~~p!
~ My Cem~nas~on e~~~res: ~
~s Qft~m TO: ~ ~ ^ : . . .
~ = ~ . a
i~rar iederal Sev~ngs S loan Asso:~at,on LAks~q ~
~ ! i~ L;tnL 1.: ~=J i
~ P.-~.- - ~ ._cR f
=7rrrt~ C.
~ Fo-t F:;:..~:~ zi~os~ `I/°T/~~_
~
~ FILED eNL P,ECOR~ED
ST lUC1E COJNTY FIA.
~ Th~s Instrumenf Prepared By ~ichar:i K. KayeS RO:.~P. P3ITAAS
~ First Federai Savings 3 loan Associat~on CtERK CtikClllt COURT
of Fort P~erce , Florida RECORC V£RlftfO~~.~
Checked By 1~--- 0 4 i9 PH
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~ ~a~ 19~ 2;~23
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