HomeMy WebLinkAbout2941 To ptue and ca~r~n~ousiy 4cep on ~he kw~:d~ngs now w hereafter ~~ruere on sa~d land and on a11 eqvip~nenl and ptrsonally toVered by lhit mortg~
ege. w+th ~11 pen~~~ms ~hrreon pa~d .o tvll, }~re inwrance ~n the usual s~a~~~~d po:~c~ torm, in a i~:n appro+rd by thr MOR~ "va:;f E. a~:d w~~~dstam
rs~raoce ~n ehe vs~at s~s.xl~rd NoLCy lw~n, io a a~m appru~rd Ly ehe M.ORIGAGEE, ~n such cc~npany o~ c~~+pa~~:et aa rhe ti~O~1LAGEE may
d~•ea; ~nd all th~ and w:adsrorm ~inivrance poi:ues o.~ any of sa~d b~,~~~^ qs, any iNere~t thr~e~n or pa~~ thcreof, in ~he agg~:gate wm alo.esa:d w
~n eacess ~he+eof. shall conram ~te ~s~al i~a~tdard mWtg~g~ clause o~ ~u<h othe~ cla.,se as ~he Mw+yeyee may req~.re. mali~u~ rhe ~ois ~~~drr s~•d pai-
<•~s, erch and e~e.y, payabie ro sa~d MJRTGAGEE as ~~a ~n~errs~ ~~~a~ epNrar, ar~d eacA a~~d erery ~vch po..cy sb.,:l lx pro+.,pr~y aaa g~~~-d a~~d dc.~.•er d ~o
»y held by sa:d MOR(GAGEE a~ ivriher srcurity ~o sa+d mor~ga~e deb~, e~•d, no~ tess than ~~n (10) days ~n ~d:e~~cr ut ~I~r e=~-~rot,on ot rach pa;cy, to de-
„~e~ ~o s~~d h10RiGAGEE a renewal tl~er~of, to9e~her w~th ~ rr~e~pt for the premium of wch renewa=; a~~d ~hrre s+~a:? t,r ~w i~re o+ .:d~~~u„~,n inswance
F'.+red on any of sa~d bvild~ngt, any inrr~e~/ ~he~e~n or psrt thereof, unless in the fo~m and wdh the less payaL~e as afcvesa~J; a~d ~o the eve~U any s~m .
of n,w~ey pecy,xs paYeble ~~.de~ s~::~ pol;cy or potK~es sa~d MORiGAGEE shall h.~ve ihe oN~.on ro rec~~YC ~~.d apy!y rhr sa>>~e on accou:u ot ~hr ~~~~i~t,+.~.i-
rrss secv.ed he.eby w ro pe~m~t se~d MORTGAGORS ro reee~vr and ~ss ir or any p.,re r?k•:eof ~c, o:n~•, os.s. ..,+l~.,;e ih e~
~ng ~ny epu~rr, Gee w r.yFt u~+der p by vi~tve of this mo~:gage; u+d ~n the ev~nt w.d MORTGAGORS shall 'or any •caso~ ia~l to k~rp the sa~d prem:s~•s so
~~aw~d, o~ fail q deiive~ p~ompdy ~ny of said pol~urs of irswance to sa~d MORiGAGFE, a fa~f pro~np:~y to pay fu~ty any pr~,~,,,,~n :h~~.rfo~ o. in a^~
:rs~rcr fafl w periam, d,scM~ge, e:ecu~e, effea, compteu, coti,ply w~~A end ab~de by ih;a cove~~a~,t. o. any p~:r harec+f, se~d MG~t:G.~GEE may p~ace a~o
~+y fa s~ch insw~ncs w ar~~ part tA~x~of wi~hou~ waiving or affect~ng any oynon, I~en. equ:ty, or n~h? undcr or by v~r~ue of eh;s Alw~gage. and thc .
t~u a~noum of exh and e.ery sucA f+.ymr..~ stie~~ ~e :~r.-c:c~:s:c!~ ~;;e snd payable a~! s~aU bear ~r,irr~s~ trw» ~ha data ~h~r.wf um~1 p~~d at the raee ol
~•~~e per c~lum per annum and fo~e+hrr w~~6 such imer~s~ sFwll be s~•currd by ~he Gen of th~s mortgege.
1. lo permit, commit o~ wffer no waate, impairlnent w detrnorot,on of aa~d property o~ any pml thereof. ~
5. To pay ~II and singular the costs, cMrgp aoo ea~ses, ~rx3ud;ng a reasw+able anwney's (er and ccsn of absfract: of t~i!e, incwred w pa~d ar
~ny 1~~cr by sa~d MORTGAG:E, beca~se w i~ the event oi the f~,luro on t}~e pan of ~he sa~d MORiGACspR to duty, p~o~npdy arw f~:Iy p,.vform, d~scharge
e+cc~re, effeU, comptete, co~nply w~th and ab:de by eac1~ and every rhe sup.,lai.ens, agrre~~~ents, condn~au, and covenan~s oi se~d ptp~r.i,i0/y no~e and ~h~f
':~~t9age any or e~rher, and ~a:d costs, charges and exFenxs, each and every, shail be imm~d~ateJy dve and pa~ab!r; wh~•Ther or no: rh~•re be :.once d~
~-~~~d. a~sempt to coliect w w~t pend~ng; and ~he ful! amoum of each and e~ery svth paymrM st~au bea. ~~,rar.•a~ lrom ~he da~e ~hcrro4 v~,r~~ pa~d at N~c
o~ mne pe~ cemum ~r an~w n; arxi all said costa, tharges and ea::.:nscs incurrrd o~ ;~a~d. togathe~ ~Y,th sucl~ ~nserrit, ahali tx s~c~red by the i~en o3 th~s
mortgage.
6. Tha~ (a) in the event of ~ny breach of this Mortgage c~+ defau:r on tIK p~rt of ~he l.~.ORTGAG~^.R, or ;b! ~n th~ event any of sa'd s~ms of money
hrrein referrrd to be not prat~Ny and f~fly paid w~thin thuty ~30) days neat a•rc~ the sa~ne severa'iy becwne dve and pa~eL?e, witi~out demand or nence,
_r in thr eve~! each rnd every the st~putat~ons, ag~eements, cond~s:o»s and cuvenants of sad ~ro•+:~sw~y no:e a~~d ih,s mo~tgagr a~~y o~ e.ther a•e no~
i~~:y, promprly and iu11y perfwmed, d.schar'cd, executrd, eitected, completed, compi~ed w~~h and a6 d~d 5y, then in enh.r er any such evem ~h~ sa d ag
~•egare wm menrw~,ed in sa~d prpnissory nore ~hrn rema~ning unpa~d, w~~h insrre;t accrucd, a~id e.~ ~rwne~s secu~ed hrreLy, sl~etl b~wme d~e an~ p~~-
e iorthwirh, a thereaher, at the op~~on of sa~d lNO~TGAGEE, as f~~ly a~xl comp:rrely as if a~l of ~h~ s.~~d w:ns of n,oney v~ere or,g~na:iy st,pc:atrd
,e ae pa.d on wch day, aoything in sad pran:sao~y note or ~n th~s Alortgagr to the contrar~• not.v~fhsta::d:>>y; and thvre~~wn o. th~rea!rrr at rhe opr.on of
s> ~ MORiGAGEf, w~thovt nor~te p dernand, suit af Isw or in equrty, the~efo?e or tl~ereatter begun, mav L~ pres~cutrd as if all moneys secur¢d herebY
n_d maturld pr~or to ~ta ~nsu:ut~c+~.
7. That in the evero slwt at the beginnirg of or at any time pend~~ any w~t upen rh~s JNo*tyage. or to lorectou it, or to relorm it, o~ to enforce
:a.men~ of any daims he.evndrr, said MORTGAGFE shal! apply to fbe Covr~ hav,~,g ~u,:sd.c:.c~~ :h_~r~•et tor rhe apr~.iiunznr of a Rece~.er, Such Courl sha~l
i,:rhN,;rh appo~nt a recei.er pf sa~d mortgaged prooerty ab and siryu~ar, inciud.ng a:~ and s~ng~:ar ~~~2 iniome, profata, ~it;;es acd re~e~~oas tro•n wh~trrer
sc,•ce derired, each and eve~y of wh~ch, ~t be~ng eap~euty ~nders!ood, is +erFUy morrgeqcd as ~f ap~~c,t~ca:ty set forth and deatnbrd in the g~a~~r,n~ and
'r.~~~nd~m da~ses hereof, ar.d svth Retei~er sha~l have aIl ~he b~oad and effecnve func! cns and po.+ers in an~w.ir entr~sted by a Cuu•t to a Racr~.er, a~.d
s_:h appomiment shail be made by such Court as an ad~nitted equiry and a marrer of atsowte r~ght to said MORTGAGEE, cnd w~•h~ut re{err~,ce ro the
a: eq~acy o? inadeqvacy of rhe valve of the property mwrgaged or fo ihe savrncy or ~~so:vency of sa.d MpRiGAGOR or tne d.-'tr .d,•~ts, a~•d fh;t such j
•_~~~s, prof~ts, incarn, isaues and revenves shaN be appl~ed by wch Recesver accord,ng to the i~en or rq~ity of sa~d MORTGAGEE and ~he pracnce of s~ch i
Cou~t. '
8. To duty, prompt:y and fuily pcrfwm, d~scharqe, execute, effed, co,n~;rre, m~-~~~!y w~th and abide by each arx! every the at~pula!~ona, a~~eoments, f
:cndrtbns and covenann m so,d prom~sso~y note and th;s mJrtgage srt forrh. ~
4. Tha! in the event rFk ownersh~p of the mortgaged prem~ses, or any part thercof, becomes vested in a per~n o~her thar? the MOP,!GAGOR, the ~
:'~RTGAGEE, ifs successo+s and ass~gns, may, wirhovr nonce to rhe AlORTGAOR, dee; w~ih such svccrssor or successor ~n interes~ w~~h reference to +F.~s
^ o•tgage a~d the d_•ot hereby sttu.ed in the same manner as wi+h ldor!gago. w~th.ut in any way vit.atiig p~ d~xhargir.g the tdortgagors' liabil~ty htre
.^der o~ upon ahe d_bt ne.r~y secvred. No sa.e of tF+e Fre~n;ses h~reby me~tgaqed ard no forbeara~c~ on ~he part ot ~he ?,~ORIGa;,EE or irs success~rs
o• ass~gns and no e,.:ens~a~ of the t::ne for the payment of the debt he•cby secu~ed give~ by the N1pRTG~Gf~ or its successws o~ ass:gns, a~~ail operate
ro re'ease, d.sc~+arge, mod,t~ change a affect the origmal liab.;~ty of the l1r.ORTGAGOR herr~n, e~ther in whote or in pmt q
10. It is specfica~Iy agrecd ~hat time ~s of the essence of this conttact a«d thaf no waiver of any ob::gar.o~ hereunder or of the ob:igation ye- i
' c.,-ed hercby sha:~ ar any t1,n~ rMe~eahe~ be hetd to be a we~~er o( the terms hereof o~ of the ins~rument secwed herby.
1l. ln a3j r:o~ !o ~h~ foreyo"~ig month!y payments of pri~:~ pji and ~n~cr~st ~equ:rc•d by the prom'sacry ~~o•~~ s~:ured h~r~~b~. ma:fga3~r covena~rs
_ ~ jgrees to ~ay to mo~tgagee v.ith each mon+hiy pa~r.,ent an add~e~onat sum os~ ~~ated 6/ mo:Tgage? te be equa~ to 1 12 of vi.~ s~~:wai cost of the foifoa-
A-AL' r~al property taies lei.e~ ~ assessAd agaihst tne acove drscrfbcd rrat esiare.
B- Fr ~s o~ f~.e and w~ndste•m insu+a~ce as here~n r~~q~:r~d to be cam~-d c~~ 'hr rroveme:~ts s:tuate on th~ above d;sc-~hed prem~=es.
C-Pre«~~:rs on svth mort~sge g~ara~ty ir.svrar.~e as mo~tgagre sh3~i Ero•r z me To nm~ dcern fit to ca~ry on ~he loan scwred he:eby_
Alonga3re s^a' '~cm t~•~e to t~me ~cnfy monyagcr writ~ng pf the a~rovvr d~r and payable herzundrr a»d suth su-n sh;:l th,.~r~~fwn ~ due and
.>b'e on th.z ~~e aa!P of ~hz neat month:y pay~rent and ec<h success~ve m~nrh thereaft~r uct~i mo~tgagee shatl nor:fy mo~tgagor of a chan~e in svch
, ~~~nt. $~ch w•'+s sFa.~ be app-~td by mottgagee fo~nard the payment of real prOperty taaes, inw~a~tce ptem.~ms, and morTy.~ye yuaranly tnss:ance
,^~iumS-
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IN 1'lITr1E~S :•:H:REOf- ~he sa~d MORTGAGOR has hereunto ut his hand and s al the day and y ar s tore ' t
l S:gned, Seal arsd de" ed in the prexnce of: ~
. - ~ ~ f1LED AN^ ?ECCRDED
• ST. LUCIf COUNTY flA- ~ (Sea~? ~
RQCER POIjR~S
~~f x1K Ci~2CU1T COURT ~ - (Seaq l
- RECORD YERIFiED~---- a ~Seaq j
s
S'%.:E OF fLORIDA ZO Z 33 PN'~' (xa" r
~ e
_~~r~rrof St. Lucie ~ 214353 s
~
Before me penonalty appea•ed Wllll m ParlCei , a~ '
_ Bonnie M. Parker ?,~s w~fe, to me well known a~d known to mc to be
!^e ind+v~dw~s descr+bed in •nd who exewted the faegoing instr~mtnt, and stknowledged before me that they exrt~ted the s~me 1w the purposes
+hr•e+~ exp.esscd. Md the se+d____ _ Bonnie M Parker
.::!e of rhe sa;d ----~ll~~~ ~_Parker upon a separate and prirare
e.am[n~r.on b~ me taacn upa~ate and apart from he~ sa~d h~sband, atknowledged to and txfore me that afie extt~ted sa~d ins~ru:nent free~y ard votun-
~a~~iy and w,thp~t any ccmNU;:ron, consrram~, apprehens~on~ iear o! ~r f~o.n he~ aaid h~sSand.
WITNFSS my hand and olf,ual ual this_ _ day of___- . AU~u_S t A. D. 19_ _ 7~
- ~ - -
- - ~'~Z~1~~ _ _ -
otary Pubt~c in end tor 1~te O~
orida H Lar9e j
My Camm~ss~on eai~ires: ~ ~
Re+~rn To: / 7 ~ i
5/
f~rst Fcder~! Sav~ngs 3 loan Aswcbet.on ~ .
rJ~ ic.rt pr•c!• .n.i,• . .
.
Fwt D~r.ce. F!~~•-f+ '
This Instrument Prepared By RiChard K. Kayes - ~ v~j~•'~ `
first Federal Sav~ngs b Loan Association
of Fort Pierce ~ F loz i da
Checked 8y -
SOUX 9~
- -b ~•uVt7
~ ' E~ ~Z