HomeMy WebLinkAbout3001 J. To place a~~d continuous~y kccp cn the bu~:dh~gs nvw a he+raf~e~ s'.,atc on sr~d lerx! and on aR rq,~:p:,~rnt and person~fly covrn-d by ~h~a matq-
~g~, w+!h all p~t~mu~~~f tlktcoe? Na~d m fvil, htt insc~enCr m Il~c uausi 1TJI~J~d ~w'~c~ I~~~r, in a s~~» a~.N~ov~~d by Ih~• MOR~v.1l'~EF, a~~d w~~Kltto~~n
msurance in ~he uswl srandard pol.q la~n, in a sum appro.rd by the Mi)RiGAGff. in such canpany ur co~»y~an,es aa thr AtO~fi,~GiE n~ay
d~rec~; a~d all I~rs a~d w~nd?~o~m ~nswance po:.aes on anv of so,d 1,~,~!d,r,gs, any ~me~rst thr~cm or `arl thcr~wf, in !he ay9r. ya~c s~~n atoresa~d a
io ezcess Ihrreof, sAell contain the wva~ atandard mor~gsgte da~sr o~ ;uch othtr ci~vse ss ~he Atwtya~ee may rrqv~~N, malu~g ti~..• ioss ~rJrr s+~d poti-
res, eath and eve~Y. Mv+b;e to sa~d h1JR1GAGEf ~s ~p u~~rrest ~n~y appc+r, end cach and evcry svth ~w:.c~ -1w{I !~r pr~n,Ntiy assg•~~d e~~d dr~war~d ro
•ny held by s~~d Mt7R(GAGEE u furthrr secu~ity to sa~d ~nortgage Jcbt, and. not tess ~Iwr ton (101 dayi i~~ ad,ra~~ce ol ~h~ ei~,uah~~ of rach ~wl.cy. ~o dr-
Gver ?o s+id 11WRiGAGEf • ro~~ewal Ihe~rof, togetAer with a irte~p~ fw ~Fx pre~~~~um ol such It~~CK'J~~ and thrre ahell be ~w Lre ~r ..,.~~ds~~~•~n i~~wranct
plated on a~y of sa~d b~ild~~gs. any i~~crest there~n a pa~~ ~he~eol. un~css in ~he 1aro~ e+~d w~ih the loss payab:e as afcres..~d; ~nd in the e.r~~~ a~ry s~m
of monay becomes payable v.+der tuch policY a poiKies sa~d MORiGAGEE shall heve th~ oyf~on to rrccn•e .,n~1 op+~Iy th~• a.+~~~e o~ ac.o~~u ol ~he n~3ab~,•d-
nets setwed here~y a lo pe~mil aa~d MARTGAGORS to ~Keiv~ and use i1 W any ~+.ut ~hr.coF lo~ o:~:..r ~ c~, ctirs. ...r,.~.t ,r ~•q..~:~-
~ng any eq~~ty. lien w r~ght undrr o~ by virtue ol th~s mo:'gage; a-~d in ~he event sa:d MORiGACORS sh.!1 !or any rcawn lail ro?rcp ~hc sa:d ~~rc.~~sos so
msvred. or la~l to deG.er promptly aoy of sa~d pobc;rs ol ~etu~ance ro sa~d MORTGAGkE. or te~i promµtt~ to ~~ay l~.ly any ~,<<~,~~~..•,~ ~h~•r~•!w o~ ~n a•~y
respect fail to perform, d,sch.+r~e, earcure, elfect. comp~rtr, canply w~~h m~d sb~de by rh,s covr~an~, o~ ~ny po~t h~~eof, s.ud AlvR~~,~GLk may p~ace a:~a
pay fa s~ch insurence o~ any part tf~e~eof w,thout walving w alfecting any opt~on, lie~~, equ,ty, w ~~gh~ ~nJer a by v~~r~e of ~h.s A1o~tgag~. and tl~c
fvll a~nuvnt ul exh and e.ry s~ch paymeal sh.+ii br ~m~r~ed~~tely d„e and payable s~~d afia~t ~a. :~,tr~.u fiom tlw d~te ~hc«•ot unr~l N.,~d ai the ~~~e ol
n~iK ptr trnlum pN e~~n~~~+ a~x! tu~rtlkr v~ith futh intrrest slwli t~r srcu~rd 1~Y the I~M OI th~a niO~t9ayt.
1. To pe~mit, commi~ w suf(er no waate, imps~r.ne~t w dctr~ioraKa~ of ~a~d property a any pa~t tfirrec+f.
5. To pay all and s~rg~lM the cosn, charges and ex~xnxs. ~~xl~du~g a.rasooabte atrwneY's fee and cos+s of at~suacis o( ?~t'.e, incu~+ed or pa~d ar
any ti~ne by said MORIGAG:E, becavse w in the event ol the la~~ure a~n the part of ~he aa~d A~OR(GAGUR ~o du!y, pio:~+Ntly ariJ f~ily pc~form, d~scha+gr
..x~~e, elfect. cdnptc~e. comply w.~h and ab.dr by e~c?+ and e~ery ~be st~pvlar~a», a9r.emants. co~xl~nwis. and co~r„e~~es o( sa~d pw•~~~»ory nufe a~;d ~i~~s
.nor~gage any w eaher, and s+d cosrs, cMr~es a~d capenses, each a.,d every. shau be ~~~~~~utim~ely due a.xi ~vyei~ie; v.1n~1„:-r w r.o: :~•:e !;r n~r.:e d_
mand, afte~rpt to collect or s~it pend~ng: snd the ful! artwunt of each a~~d every wch pay.nrro ahall bre. ~.acrear frwn fhe Jare ~her~•of ~nri{ pa~d at ~he
u~ n~ne ~xr contu~n ~t~ arnw.•~; d•" ~hs~ges anJ c.,~.a.~•scz ~ncu+rrd M µ~~d. layethrr w.1h wch ~ntr~rst. 11w11 be srcur~d 6y Ihe t~en o4 th~3
_ ~
mott9s9e.
6. That La) in ~he e.rn' o~ any b.aach o( this Mortgage or det.,~:r on ~he p.+rt of ~hc ti!ORTG ~GOR, cr ,b? ~n the ev~~nt any of s~ d sums oI money
hcrein re}rr~rd tp be not rr.~n~tly and fu~ly paid wuhin th~rty 13J~ d~rs .~e.t a~t..r ttie sa•,+e sr.era'!y brw~nr d~e and pa~.~We. wdi:out dc~~,and or nor~te.
iQ in rhr event each ,nd ever~ the snp~.af~ons, ayrermenn. cond,no~•s and covena~~ts o4 s~ ei ~~roa~~~awry nor~~ e~~J ~1: e mc~tg~yc a~y cr r~ther s.e no~
iuly, pro~npNy s„d tut'Y perfwmrd. dscharyrd, eaecurrd, eftecred. canpietrd. co•„p;«-d v.~~h ar.d a:,~d~~ 5v. ~r,~~. ~n eslxr or a:~r auch e~rnt ~he sa.d ag
ar~ya!a svm me~~t.o•~td in sa~d p~a,.~eaor~ ~ete then re+»ain~ti9 vrzpa.d. w~th imrrr;t ac:r„~J. and n~v~~r.s sct~r~•d herrby. sf~a'~ b.wmr d~e a~.d pa~.
ab.e forfh.~~th, cv ti,ereafter, at the opf.o~ ol smd A10R1GAGEE, as foity a.x1 cu~n~:ete'y as ~f a~l of ~hr s..•d su:ns of n•~nry w~~re o+:g~~sa~ly u•pu:a~cd
ro br pa.d on s~ch d:.y. anyth~ng in sad pro~n.siory noro w~n thn hlortgage ~o thr co•~+:a~y not~.fhst~~-d~ny. .~~~d ~hr~cuf:o~ or rtkre.,Na•r at tht of~~.on o(
sa:d MORTGAGEE, v~~fl+sut r,o~~ce o+ drmand, sv~t at law w in equny. tl?r~e~ore w trKn•aifrr kx~y~n, n,ay be }•+oxc.,~ed as ~t all mo~~rys srcured hereb/
r.~d matured p+~or to ~ts .~at~tut~on.
7_ ihat in the eveM thet at the begin~~~g of ot st any hnu pendmg any su~t uF~on rh~s Mo•tyage. or ro foreclose it, or to rclorm it, or to en(orce
payment of sny c~.+~TS ht~eunde. sa~d A~JRTGti'GEE sha~l apply tu the Covrt ha.~ng iurad.c~.on tb~~coi }or the a~•~:~~nn~~rnt of a Recr~ver, such Cuvrt ah~:I
/orrhwnh appo~nt ~~:ce•ver Of s.~~d mortgag«d proorrty a:f and si+yide+, inciuci ng a:1 and s:~~g~~a+ thr ir.co~~~e, prol~ts, ~swes and ~eve~~ues lran wh.dr~er
source de~~~ed. each a~-d every of ,n,h.ch, ~t be~ng e~press'y ~nde~i~ood. ~s lerrby mC~~y~~rd as sp~c,hce;:y srt fOrth ar.d tleatr~b~•d ~n ihe grannng a~~d
het+end~m cavses her,of, ~nd svch Rece~~er shati havt ai1 ~he b+aad e+:d rffecr+v~ fu~•:r e,s a~sd po..ers u, anyw~se entrustcd by e C~u~t to a Rec.nver, a~.d
s_ch e~v~ntment sheli be made bv s~ch Co~rt as en ad~~etrd equ~ty and a n-atter o! ebwurt ngtn to sa~d h1JRTGAGEE, and w~'6ou~ ~c(er~~.,ce to the
a:ieq.•acy o* ~nadrq~acy of ~he valve oi ~he p+operty mo.rgaged or tu thr sc..rncy or ~~,_o ,rncY ot sa~d MORiGAGC;R o~ t}~r d~te~~de~~rs, a~~d *hat s~•ch
r•~•s. prniits, into~nc, ~ssvts and reven~es sha~l be app•~ed by su:h Rctr~vr~ at:oru ~.y to tht i~en or rqurt~ 04 sa~d G10RTGAGEE and the p~au~ce of such
Court.
8. io du:v. ~•rompt:y and ful!y pe~fwm, d~stf ~rge, e~ecvte. effett, comp~e~e, com~~Iy w~+h and ab:de by each and every the sr~~:u:aticns, agr~~rients,
.ond,t~ons and covrnams ~n se~d pro~masory note and th:s mo~:gage srt ior~4.
9. That the evrM tht ow~ership of the mortgaged prc-n~ses. w any pa~t ti+ereof, beco~~es vesred in a pefwn other than the MORiGAGOV, the
4.C?RtGAGfE. scccessu~s and awgns. may, w~~huv? ~ence tu the ~tORiGapR, dea~ .r~eh s~ch wccessor w suu~•sso. m~Rterrs~ wah r.:t~re~~ce ~o ~f~~s
~~u~tgage er.d =hc dcot herehy sKUred in the sd~e mdn~c'r as v~~ih Mo~f~agur wrthout in dny w~y vit.at~ng o~ d.stharg~ng the tAortyo9ors' I~ab~uty 1~ere-
i-~~der or u}vn ~h~ d_br herebi sec~~ed. No sa:e ot :he Fren~~srs h:rrby mo•tgaged acd no fer.~ea~a~~ce on fi~e pan o+ ~h~ atipcivaGEE or ~ts a..ccei.ors
or ass~n~s ard ^o e.re~s:on of rhe nmr for the paymrnt of the dcb+ her~t; secu~ed g~oen by the l.~RTvaGE`_ o* ~ta svccessors w au.gns, s~~all operate
ro re~tase, d~schargc, mod~fy change or afftct the or~~.nal liao ~.ty of the MORiGAGAR herr~n, e~ther in KFIOiC or in part.
10. It ~s seec ~:caily aarr•d ~hat time is of tht esxnce of ~h~s contract and thar no waiver o( any obi:ga+~on hereunder w of the ob:igation sr
:red hereby sha:: ai an~ tnne thrreaftt~ be he:d to be s w~~rer o! ~F.e terms hercol ot of the instr~ment setwrd herby.
' I 1. In .;.i.i c~e~e_'.e •nur.rh'v pa~n,.•~~s of ;::~:c p.ii and .:resr re...~'rd Cy thc prom sscry no~e s,.t...,,•j hrr~1:;, mecr~a~r. cover.ants
a3~,rrs ro ; e. •e ~..-~a~y_e v..th eac!~ ~^o~•*h Y r~.:.e.~t an add.~~c~al s~ ess .-.,~ed br mo•ry.,3ee to Lr equa% to 1 12 oi t'.r ,:,.~I cos~ of rhr fo:•aw-
A--;.': r.e ~*cFr-r, r~~rs ie.~e: oe ass~~sstci aa~~•-st t~:e a'cove desc•.~ 3 r:a~ es'are.
6 f-. :.,s ~,,r a~~d w,cd;ro ~r.su*a~ ce as i,,--r~n r:q,,..cd ro b~~ ea~-,. d c•> >h.. ove-ne~!s s:±uaee on tb: ~kwve d_sc•:'.,ed prem~ses.
C_p•r. ~_ch n.o-r~.q,~ g.,a•arry ,esu~a•ce es mo•tgagee s'r:,~;1 - r.•,e 'o ',•,•r d~•r^~ fr. ro ca*ry on r~e :ean sew~~-d he:eb/-
4 ~ lU4or.~e:7ee s' l~ to r;,••~ no+~f~, merf;,aa:• ~,n.nt.ng of the o.:-+t d..e and pnyab:e hereund~tr and wch s:;-„ sha!i th~•revFOn be due and
~ ._..ab:e o~ ihe c±.:r ea~e ef •~h~ ~.~.r ~no^.th , pay":~-nt a~zd e~ch s:.cc^ss~ve -•o-!h t~,e.eate: r ~cnt mortq3gee sh~'t r.ot (y mx>3agor of a change ~n sv:h
! ovm. Si,cn s: ^s s. :.e a«F ~ed 'ey ,nor+gay-re toard the pe.~T~e~t ot rea• p~cpe.ty ta¦es. msura•~cr prc~n.u~r:s. and mort~agr guaranty insurance
! ..•em~~ms.
~ r.
t~1 t'.Ii`.:~_ :.H: "'~F ~ze >a~d MORTG:.Cs~ R F.as hereunto se! h~s h~r.d and sral rne day and year f~rs~ aforesa~d.
~ l,/~iqned, Sea!ed a: e:ive in t presence ofc ' ' .
~ - fILEO 1?'~0 RECORDfD . ~ - . t - _ cu ; l~ -.L~: ~t. z L.
5?.IUCIE C'~UNTtf FLA. zgar . e a ~`a~~
~ ~s~~~~~-, - ROGfn FOITRAS -(Sea~)
~ CLERR C13CUIT COi{R _~~a~~
- - - - RECOR~ YEP.lF!ED (~a~)
~ :':.iE Of FIORtDA ~ 13 ~
~ 4385
u_
=~uyTY OF ~AL~1 IiF.cU~f~ 1
Befo~e me persona+ly appeared ~~rC~a'ret }{Qel`1n• a Sinyle Adult _
Iws wif~ to me well known and known to me to be
~ •~r ~nd,~~dua:a descr:bed in and who eaecured the forego~~+g instrume~t, and acknaw:edged before me that aF~y. executed the same fw the purposes
~ St]@
rherr~n eiF•esr.d. Anl~I+e.sa~~-----------
.~~i.t~s-ar~i - - - - - - --..VF913 iepit~and*wrti
~ ~+.~z~srsn-by-rwe-~~~?~c*a.sb~~ni+'ait~rMw-iwr-s~~~iwrsi~awl.-s~.ow+er~J~anr~f~r~w.~~ha?.sA~~.ewriei~a.d.ioakw~ert..4wlqaqd.+r~WA.
~ ie•«r~.ad-,r~b~.d~~y...r~-..pr'rw~?sar,s+aar~+r-~.ei.e..arOn.'~~d-a-(~oen~+er'salo-lwnbant~'- . . ,
YliiNESS mr ha~d and offioal xal this_ ~ day of_____ Aua _ A 0.' 1~ . s
R y ~ r
- f~ ~S^~c-`St-f~- . ~ •
'Norary PubGc ir+ r+d for the State of Ftor:~s M lu~;
~ ' My Comm~ss~w+ eapires: ` ~ _
Re!~rn To:
~~~1
~ F~rst Federsl SaVir.gs S Loan Assoc~at.o~ NO{~ ~j~, ~
s ry St~te oi Ho~ida al trr,= ~ `
ps :~.f G • - _ C L .
~ ~y Comm~sswn E:piies 'r:5. la. i:+~q _
~ Fcrt P:t•ce. :Sa k+b! r..,~. f.. e `o
~ "
~ -
~ This Instrument Prepared By Thomas DrisCOll
~ F~rst Federat Savings d. loan Association
~ of Fort Pierce~ F lor i da
Checked By _
800~ 194 (.?c7vV cf