HomeMy WebLinkAbout2530 J. To p!ace and ca~tinuouaiy keep on the b~~'dings ~ww w hrrrairer sit~ate oo se~d ~and and c.n aC rq.,~~.,~~ant ard personally cavered by ~h~t mwrg-
•g~. w;~h .dl pren~w~ns ~Arteon pa,d in lull, f~ro ~nw~snce ~n Ihe utu.+i ttarxlerd po'KY lunn, in A su~n a~ ~.~c.+cd bt Ilie A1;.k.v:.vf t. o~:J wr~dito~~u
~nwronte in 1hu ~sual tt~ndard pol,ty Iw~n, in a wn~ app~o+rd b~ Ihe h10R1GAGfE, ~n such co~n~.any o~ tcn~~~an:as as Ihe l.~O~ct:,AGEE ~»r
d~rKt; ard all 1he ar:d w~ntlstutr~ ~MUrante po6c~es wi any o) sa~d kw~:d:ngt, any infereit tlr~au~ ur parl thr~..v4, in the eygn gar~ f~~n •fo~es.?~d w
in eicess thereol, sMll :ontsu+ the usu~i s~anda~d mor~~+gca druse a such ottxv c~.+vse es ~~e A1o~~yey~r awy rcc;wre. rn..?,~~g U~c ~css unJ.•r t,,d poti-
:~es, e.+ch and evrry, payab:e ro sa•d AIJRIGAGFE as rt~ ~n~~•~~•at nwy aypcar, e~ui e.ah o~~d rY.•~y s~cl. H., .c ~ s~~.,:t !,e ~~ron.;~r:y aa: y'~~e! s: d d_::+or~d ~o
~n~ heid by se.d MURIGAGEE as (~~rher srewny to i.+~d ~~:wtge~r J<bt. and. no~ icu ~han re~~ ~i0) •f.+~s i~~ aJ.~n:v ol rl~r CI~:IfeT~U11 of eaci. pc.t~ey. to dr-
:~vd 10 i.i~d MORTGAGEE a~enew'al thereol. togethtr with a rece~pl fW Ihe p~r~n~um o4 such r~nca,.t; o~~d thrrc i4~ei1 f,a ~r~ i.~c w...r.,lst,,:~n ~ns~r~~ue
p~Ked on any ol se~d bu~!d~ngs. any interest Ihe~t:o or ps~~ tl~rreol, un!ras in Ihc fonn a•~d w~th 11~e Iou p~ya~~r as atu~es.~~d: ~~~d ~n Ihr eve~N a:~y sum
of nwneY beca~xs pay~ble ~ode~ such poticy a poLc~rs se~d AlJf:IGAGEt sh•~11 heve rt~.: o~~f•on ro ~ec~•~:~ ,=~~d ~i~~ :y tl~r se::~c on ..ewu ol ~he u~J~•t:c~•d~
neu srcured he~eby w ~o perm~t sa~d MORfG~G~RS ~o rcce~ve and ux it a anv F,.,.~ ~h.•:~-oi t~ r c:~~~~ .s.~i. j
irg anY eqv,ty, I~et~ o~ r.ght uoder or by vLrtue oi this mG:'g~gc: and in the event sa d MO.2IGAGORS aha!I fot any rc.~sun fa~l ro?cep the sa~J prunas.•s so
~nswrd. w fail b dtl~vcr pra»ptly any OI sa~d poLUCS ol ~nsurante to sa~d MORTGAGtE. or t~:~ ~xc,m~.tly lo ~~ay lu,:y un~ ..,,n th~-~~1u~ o~ ~n e•~y
respcu fail b prfarn, d~scha~ge, e~ecute. eficct. complrte. ~o•~~ply w~th and ab~cie by tl~~s cov.:~~ent. a any i~..rt h:rcol, s.~d Mvk. .-..:GEE ~~~..Y p~ace a.o
pav fa s~ch insvrence or sny pa~l thereof wahait warv~ng p af(ec~ing any ophax~, Il~n, equ•~y, o~ r~<yns u~~dr. or by v~~t„e ol th~a hto~ry.igr, and thc
t~it s~:wunt uf each and e~~ery s~rch paymero sh.+l1 be ~m~netl~ately due and payabie a~ui ~h,~u brar ~ntrr~s~ trum tha dotr ~h.:rrot v~~~d p..~d a~ ii~e roie o?
~~~~~e prr ~rnwm per annu•n mx! to~rthr~ wnh wch uur~cst she~~ !~r arcu~rd hy Ihe Gen of th~s mortqagr.
1. To ~xrmif, commit p suFfer no watte, impairrr~nt w drtrrw~ot~on oi sa~d property or any ~arl thcrroi.
S. To pay •II a~d singulu the costs, eMrges and ta{~e~~scs. ~nc~d~~x~ a raaso~~aLle auomcy's fer e~~d ccs~s oi abs:~ects of t~s'.e, ~~~:urred o~ ~.o~d af
any t6r.e by s~.d MORiGAG~E, because w in the event of the la~lure on ~hr pa~~ of ~M sa~d MiJKiGAGOR to du,y, ~::~:n:~f~r ~'~J (~•4Y i:«fo~~n, J~xh.vqe
a.rwte. elfeU. canp;e~e. co•nply w~th and ab.de by each and a.e.y ~he at~p~~at.ons. agrr.•mr~~ts. co•~d~~,o~=s. a,~d cove„e,~ts oF s,,:d ~~o ~,.,sory n:,~c J it..~
r:~rrq~ge any or e.~her. and sid cosrs, charges and e~penses. each and every. shail be inur,.d~.+~cly d~e and ~~er.,L:a: wh•:rhiv or n~t eh,•re br n,:r:~r d.
^~a~+d, anempt ro co~tect or su~t pe~xl.~g; and the fvit a~nount ot rach a~KI l~r~Y Such Naym.rM ah..t~ lh~a~ urt,.r~~s~ frwn ~he Jore rh~•~.•ot v~~t~i pa~J a! ~he
..~tr oi mne ~xv ccntum ~tir ennu:n; arw all se.d tostl. charyrs and a~~~:~~r.ses ~rX~r~~~d or pa~J. tcx~clh~t ~v~th f~ch ~ntri~st, she~l be s<<..nd by thr i~rn of th 1
mort9age.
6. TMt (a) in the eYCm of any b.each of this Mxtgage or delr.,!t on tlr_ p.~ri of thr YORTG ~GL`R, or ;b) ~n rhe evr~~t eny uf a~ d s,.~>>s ~f rt:cnry
Ferei~ referrrd t0 be not Fvo~~~i,tiy and fultV pa~d w~rhin Ih.rty i3U! de/~ ne•t a'~•_r the s.~~•~e s~~rera ~y Le~o~:ee d~e ar~d pa..,b'e, wiit.JJ~ J~~•ne~~d or nct~ce,
:r ;c) in thr rvent rech a~+d evc~y the snpu:aaons, agrecments, cund~:,o~~s and co~enants o! aa d i,~o ~~.ss,.~y nuf~• a~~J th.e n~c~ty.+ye ~+~y o~ r~thrr are no~
iv:Y. P~«^Ftly and f~Ily pe~to+~ned. d.acharged, eaecutrd, elfeucd. canpieted. comp;~rd v~.ih ar.d at~~~d~u 7~, then ~n e:the~ or a~~y such rvent the sa.d ag
a•rJa~e wn+ r.~tntw~~ed in sa~d pra~~~sso~y nore Ihen reawm~ng ~npe~d, wrth ~nterr:t au~ocd, and a.~ mon~ys scwrcd hrrcbt, s~~o:i b~con~e d•.:e and p~/-
c r forrhw~rh, w rhereaf~e~, at rhr opf~on of sa~d A10Z1G~GfE, as lv~Iy a~xl ca*~ptr~r.y es if e~t of T!~c sa J sv~ns o+ ~~•u+~ey v.c•rr o~,y••~a:~y sT.~,~.a~~d
br p.~.d on svch dcy, anyth~rg ~n sa.d prO~msso+y nGte or ~n th~s Mottgaye To Ihe contrary ~1J1.1~1F1S::f'~:I~~~1j, d:~CI thr~cu{:on or thrrr~itcr dt the o~~~•o+~ of
n d At021GAGEE, v~.fhovt no!~ce O~ demand, su~t at law or io eqwty, there~we W thc~raftrt brg:.~n, n-a/ be prosr:utrd as ~f all n:u:~e~s secu~~d hrreb~
r~d matured ~tr~Or 10 Js ~natifuLOn.
7, ihet in the event Ihat at the btg~mm~g Of pt al eny t~mt pend~ng any s~A upon this Mo'tyage, o~ 10 lo~cclose it, Or f0 relo~m it, or to enforte
~a.~*,en! of anv c:a~~.+s he.evne+er, sa~d MOR1GAGfE sha~I eppty ro the Co~~~ hav:~~q ~v~~~clic.un .rco! (er ~hr a~.HO•~~r:.,rnr of a Re:~+:vr, s.,ch Cc.,rt sh,:t
r,;:~h,h,th aF~po~nt a•~ce~ver of sa~d mortgagrd proorrty a;l snd singvtar, ir.clvd,.g ed a~:d s~~,gv:ar t~.r ~rc~,~,r. {,rut~:s. ~3ues .+nd'rwc~ ues 'ro:,~ ah.~Tr.er
s:..•ce drr~ved. eath a~d every of wh.ch, ~t be~ng express~y vnderstuod. ~s Feirb~ mohysgrd ss-~s{.x~+~ce:ip-sel-fw~h a.rl descnbed .n (t~r g~arn,n~ a~•d
~±:~endum ctavses hrreof, and s~ch Rece~rer shaG havr all the b~.:ad and efiec!~ve ~~~uf c:~s ond po.1r.s m anyv~•~se entf~s~ed by a Cv.,•t to a Rcce~.er, a d
s. :h appoin!me~N sh~~t be made by svch Cowt as ae ad~nltrrd ecv~ty a~~d a v~strer o~ at.so,~re r.gM ro sa~d MuRiGAGEE, a~~d v.:~1~~~r ~~•ie~~~ur ~o rhe
a.:;-a,,3cy a:nadrquacy of the w~~e of the property mcrtgaged or ~o ~i~ sc.vr~uv or ~nso7vr~cy of said~MORiGAGVR o. thr da~_ ~Je~~TS, a•:J +h,t svch
p.ot~!s. ~nco~ne, ~swes a~d reveaues shail be app~~ed by such Recr~vr~ ac:o~ci.ng to Ihe ~~en or rq~~?y oi se:d /dORTG~GEE and ti.r Hra.r,ce of a~ch
l.D~fT. •
8. To d~1y, prompt!y and fully pe~form, d~scharge, e~eecute, eiiect. co*.~p~rte, cemply w~th and ab~ds ry exh and every the st~pu:a~~ons, ag~ee~nents.
,~~d,t~ons and covenants m smd pro.n~ssory rrote and ~h.s morlgige srt forth. .
9. ihaf in the nent the ownershl~ o~ the mortgaged pre~~~ses. or any part tn@leof, becornes vested ln a penon other than the 1VlORiGAGOR, the
t~RtGAGEE. ~fs acccesso.s and asn~gns, may, vv~+hout nonce ro rhe .ti10RiGF02. d~al w~~h sucb wcceisor`or s~~i~-ssa in ~nterest r.~~h retrrence ~o tF:~a
:•tgege and :he d_ot he*eby st:ured m tAe same manner as w~th ld_rt~3yor w~tho~t in any w.;y v~t.e:inq w dac~a~g.~~g thr llcrrg,~urs' 1~abr.ay herr
der or upon she dr~} n,.~rray se:vred No sa:e of ihe F~en:~ses h,.~reb~ ~r.ortgaged a~d no fc+F,eara•,a: on ~he pa.f ot ~he r14ORii;A~;EE o* i~s s~ccrsson
c• ass g~s and ^o e,.r_.~s.an of fhe c,mr fo~ the payment of the deb~ he+iby src~~ed gwrn by the 1.'•OR?GAGE~ c~ts a~ccessws or ass.gns, >:+a'.1 operote
ro re•ease, d scharge, mod.fy chsnge or alfect tht ong~nal liao.r.ty of the h'.ORTGAGAR herr~~, e~ther m v~ho~e or in pa~t.
10. It is srec.f~cet.y aqreed that t~me is of the essence o1 this contracr and that no wa~ver of any o6'.ga+ vn hereunder o~ of :he o'u:igahon se-
c.:~ed hereby s~a~: a~ e~~ n~}e +hereatter be he:d to be a wawrr ot the terms hereof w of the c~strumem srcu*ed ?~c~by.
1~ In _,:i~ 'o rhe fareac .,g -°on~~'v i;aymenrs o~ p~c:c ,>ai and u,f~••cs+ re~~.:ed 'oy ih:e }~•o~~~ s>c: ~ s. c~~_d i:r•_•6~, n:c•r~a~~r coye:~ants
~ ay•e~s ro ,a~ ro r•,o-t~.~gee v..,h r~:r. ~.on~F. r~,al• •ent an adu ~~o~ai sv^, ~.r , 6r •,;u•Tg~gee to br ey~a, to 1:~ of t:: ~.,n ,,;e; coss ef tFr_• fo;ion-
'1
I A-4: r~a~ ;:•o~e~ry taaes ~e:~_~ o• aas?ss_d ag~r,s! TF.e a~o:e dc~sc•;t~d r;ji es~ate.
~ 6~•,~~ _-~s on f,.c a~d h~~~d•h;..n srw:j~~ce as n_•.~.•T r,-q~~red ro b~ .a~-~•~ c~, ti,r .;:rov,m.-.~+s s.vuare a,~ th_ a!r.~v~~ d_sc•:f:ed prem~ses.
i C-P.e-:v•-s o•~ s..:h ~rxt~;ae g~a•a~rY ~rsura~ce as ~+o•tgayee si,a:i fra:-• Tr..e fo :~~n~ de-em fa to car:y on t~~e :oan s^u~~r~ hrrro,~.
I 4tor~o~gee 5^- ~'.~,-T, •o t..".e nc':fy mCrty3~C• ~n n•,t.r.g ef the a~~ o,..~e •y..;•~ and payal~:e herr~~~ci_-r and i:,ch. i.~•: si~r.• tlir-~'up,.:n be t~::e and
f .._b'e o~ ei~e ~e•~ o+ •~~e •+o~•h:r ~o~'"e:~t an~ e~ch success~ve .-o.,rh rr:e~eni~ ~r ur.~~; mortgegee si,e't r.or.fy ~.~or.c;.~3or or a chsn~r in sv,h
~ :_n!. 5~.~ s..:rs s` ~ :.e ac;..•rd by mu~rgag~e ~rnoa-d rne pa~men* of rea; ~:ropcrt~ ta~es. ins~:a.:ce prem.u:ns, a••d rnortgage g~~~anty ~nsvrar.~z
1 •oT.~J~S
~ IN •::IT>.~~5 :.>icR~O= •ne sa•d 7NORTGAGCR has hereu~to set hu ha~:d ar,d sea~ the day and ye t a~o:esa!d. ~
S~yned. Sea!ed a~d de~:vered in the p~ex~ce of: /~~~2~~'v`~ `
~ (Seal)
~ en D vis --csean
~ - . - , ao
- - - i lie Be Davis ' ~sea»
_'~'E OF FIORIDA ~
St. Lucie
~;:~~:1Y OF _ 1
Beiwe me penaw'iy appeared _ JO~111 ~11@~I D2\f1 S . a~d
I+~1~'-e ~e~l ~aV1S _ _ h~s w~fe, to me wcll k~own and k~own to me to be
~~e ind~v,dva:s descnced in and who eiecuted the fe:ego~ng instrument, and ac4no«ledgrd before me that tfiey exec~ted thr s~me for the purposes
~-e•e~n express<_d. And the sa~d------- - 1,1~ Z1E Be11 D8Y1S -
John alien L~~vis
'e oi ~n_ sa:d _ _ - _ . _ vpon a acpa~are and pr~vare
~ ~a+.on b~ me tnien sepa•ate and apan ircm her sa~d hus a~d, ac4nowiedged to ard brfore me tt~at she rxec..trd sa~d ~nstr,,,~:ent tr~e:~ and vo:un-
~ ^i•+ ~ a^d « thovt any co r.p.,'von, cora'ra~nt, apprehens on fear of or iram her said husband.
;r ~ n
~YlTNfSS my hand and off:c~at xaf ih~s - day °i------ ~ t - - A. D. 19 ~1
~ - - - c~~ _ _
~ N~ ary Pub'~c in a~~ (or th~ $~ate~; fiorida at lu9e ;
~ M Com-n~as~on e¦ ues: ~~ji J/
i
- Ret~•n To:
~ f:rst Federsl Sav=.qs b loan Assx~at.on 214100 ` .
~ \
~ «.,J~.; F ,-~J.~ F~~Fe,~c~ -~cozofo = ~ - ~ f~~ _
st ivc~c cov+~rY ~ ~ ~ -
~ ROi,£R ?0`~RAS ~ ' _ ~
CIERR t:~CU1T CQURt ~ „
~ RECOFt vE=.+~IfO~~. ' ` .
This Instrument Pre~ared By Ricr:ard K. Kafes ~
~ First federal Savings d~ loan Assouation ~~C A~ pV
~ of Fort Pierce , F~or: dv 0 `t 1 fl
- ~,,p
~ Checkec! By --111~-----
~ $OD« a~~ :
~ ~s.~9 ;
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