HomeMy WebLinkAbout0544 i
To pl~c~ and con~~nuwsly ktep on tho tw~id~n9s now w Mred~e. uwr.w on sa,J ls~~d and on .~y~~p~~~cm and pcrsonaUy covercd by ~h~s nartQ-
p~. w~tA ~li ~ue~~nrnt ~he~eoo pa.d ~o full, f.ra insur~~xa ~n d» uwel et~~~e~d ~:.,.~cr twm. 1n a w,n ~H~o.ad by ~1~e M:~Ri`vAGEf. a~d w~~~orm
~~ivruKt in tM utwl aluxiard po:•<y ~r~n, • a~m a~:p~u•etl by thr M'~RSG~GtF. s~ch canpa~~y ot c~~y;+~~•ea ati ~he A10R1GAGEE may
dirKtj M+d ~1) (us sod w:Ml.ro~m ~n~ur~nce pat~ue~ on ~ny o) sr.d tw~:3.. any ~n•e~a~~ ~hc~eu, er w•t thereol, ~n ~he eggregNe sum alaeu~d w
in ~~tess Ihr~eo(, s1u11 t+~+~a~n ~he ~wal s:ond~~d ma~9~9ee cia~se w a.~ch mir,~~ c~~.:tie as the Ma~yayrc o~ay ~r~~v.:e. ~~e?u~g tl~e Iosa u~xle~ sa~d pd~
c~es. ~acb ~nd ov~+Y. P+r~bee ro se~J NJRiGAGEE as ils ~nlY:st may a~~xa~, m~el eaih .nd evc~y ~~.ch p..`^/ aL~{I 1Hr y~u.nFtly ~iafl~,cd ux1 det~re~ed ~o
•ny FwW by said MOR(GAGEE aa (unhrr s~w,~ty to sa:d n:w~qsye drm. a,.d. not iras ~han ~.•n ;tU1 daya ,~d...ncc of ~I~r c~~,~re~~un ol r~ch po~~tY. tu de-
i~vmr to said MORiGAGFE a~cak«+I ~he~eof, taqethN w~~h a r~~cr~p1 for thc prc~,,.u:n oi such ~c~~ra,i; A~K~ ~hrro sha!1 l,e ~w Lre w wrKls~o~~e iniurance
plK~d on aoy ol ~~d 5./~:dn~gs. any intr~csl 'hrre~~ o~ perl Ilr_~roi, u:~!rsf ~n ~IK• lorm a~,d wuh the loss pay.ik~te as a}o~rs.:~d: a~cl in Ihe event any svrn
ol m~?~ey becOmef paYable v~~ such pol~cy a polaies sa~d MJRIGAGFE e~~aN h~l~• ~1,~ .;F,~.vn w ~«r~.~ .~~~J ap~.:y d~e w~~~e on +ccou,~~ ol Ihe i~xleUird-
nt~3 3KYI!(~ ~1QttbY Or b P!'nnd f1~d lY~uR~laA~i~QS f0 fKe~vr and ul~ it O? any I>.:rl Ih••.r.il fi.r J'n.~r ~.v~~ ~frs. •_..li~v..t I~~rr~ ul va~.. ~r u•~~u-
inp any equ~?y, lien p r:yht urx~rr w by ~~rtue of Ihis rno~!pagc; ~.K1 in the e.on~ s+J .\1V~tIt;.~GORS sh..;~ f:u eny rc~aw~ tail *o kccp ~he ia~d p~emacf ao
inw~td. M fail b dtlive~ p~wnpdy ~ny ol sa~d µ~l.cirs o1 ~n~ura~xe to sa~d F.1pR1Gri;tk. e~ f.~~! p:umptty 10 ~~ay lu~ly any p~auwm th~~clw w in a~Y
respecl t~il b pN(a~n, J~acha~ge, exciW~. elfect, co.nplcte. co~npty w:~h a.w ob:cie i,y ~h~ti cov.••,a or a~~: p.~~~ h~•rMl. s.+~~i MORTGAGEE may pl~e a~~d
paY (W suCh iMUrant~ w any parl thereoi w~thoul wsivarg p•ffe.!i~r~ any o~•t~o•i, Lcn. cq~ ty. o~ n~ht undcr a by w~tue of thh Allor~9age. ~r+d tht
full a~nOUM ol NCh s~u~ eve~y svch payma•nt sAall be u"unavlute~y d.~t and p.+~at.;r a~.tl s~...l1 br.v ~nlrrast 1rom Ih@ date Ihc~roi ~z~t~l po~d ~1 the rate ot
n~~x per caneum pe~ ~nrw~n a,:d to3cthc~ w~fh s~xh ~:ue~est ~hal~ !k• sY~~:~•d h~ the ~:rn ot th,s moregx~e.
1. To pe+mit, commit or autier ~w waa?c. anFaim~ent a drtrrio~a:~o~. ol a.~~d ~.•ui~~ty or any µ~rt thcrooi.
5. To pay atl and s+nqula? tf+e cofts, charges and ea~xnses, indudu~ a~e~so,+..F.~c• at~wnr~• f fee n~~d coses ol abs~.acts of titie, incurr~ p paid a~
any time by said 11AORTGAGfE, beca~u a~r ~he eve~» of ~he fa~iurc or+ ~nr s~•~~+ ot ihe s:•~d htJRiGAG':!R to d..ly, pra~~p~iy a.ul l~lly pcrfcrm, d~uha.ge
e:rcvt~. elfec~, canplete. canply w,th end ab.~ by eech ~~u! evvry ih: si:Ew:.~+.o,~s, ay~..,,..•~rs. co•,dn~pu. and cove:~e~~h oi sa~d pro~;~s~o~~ nae a~~d thia
mortgage any w euher. and s.+:d cus~s. cFerges anc expensrs. eac6 ..,ti1 r.~~ry, s}..+ 1 lk d.,~.-EV due and ~.~ayrb:r: wh~•~i.er ~ oot ~h~:e !x nonce d»
mand. atten,pt to <oL'eet a s~it pa~d~~y: and the tull ameunt of cach a„d r..~~i +v.h i,•,~.:~-~~+ a1:.~N t,.-a• ~:~fcr.•s~ lran ~he daee the+r~f ~n~it pa~d a: tne
.a+e o~ n~nr prr cenwm p~V an,w~n; o„c~. en aa~d ~oatf. ther9ea and r.:r..ses ~rxu~rrd e. µ.~d. caje~h.•r w~•6 s~~l~ ~~~~c:ra~. ~holi be aecured by the f~en ol th~~
mo: tqaq~. '
8. That ta) ~he event of arty bea;h ol th~s Ntorr9age or d.•F~u'r w~ r1~- ~~t o~ ~~:c .1O~~G:~Gi?R, pr ;b) m~he rve..~ aay of sa:d sum~ of money
herein referred ~o be nof prA+nptly and f.+tly pa~d ai+hE~ th.~~y (3J! d.~s ~~.~.r a•f..• ~F...• e.. s.•..••e iy tr:o"~r d:~c acJ •,~eyali~e, w~•1.ouf dem~nd o~ not~ce.
or in the eveot each and eve~y t}x st~p~;anuns, ~reernent~, co:id:n~ni and co~ena:~ts o! sed ~.ro^~:iw~y non• and tl~.s m.sitgaye +~y or e~ther are no1
~v1y: promptly anc! fu~lY perfw+m:d, dacharg~-ci, exec~trd, tfteUed, canp'•rred, c.~n~.:~ed .r~+h erd a!:~J~•d Sy, ~t~n io r~the: w any s~~h eve~s ~he sa~d sQ
grcgate sum rtkotaned ~n sa,d :,+a„~sswy norc ~hrn rt~na~ning ~r.pa~d. w~~h .~,v.•«,: .,~~d. a~~~5 e.i nw~n~•~s sco.:..l '---•''=v. ai~oG lxcwne due and W/-
at a fwthwitA, p ~he~eafter. at the epT~o+~ ot sa~d MORIGAGEE, a~ fu.iy a~~1 cani,:.rr.'y as ~t e~~ of tl~~. s.~,d s•~~.~s of e~:nry were a~gu•slly fnpwa~rd
ro be pa:d on sveh dsy. any~h.~+y in sa d p•o:n~ssay notror in ~his Morrgeg~ ro ~h.~ co~~trery r~ur ..~Fnt~ .,y. ~~•c? fh~~•evpw~ a tFk+e.+}?~~ at the opt~on o1
se,d MORTGaGEE, wnlxtit ootKe o~ demand, s~nt at Iew a:n eq~~~r. ~hr~e~we o. uw~s~at~c•r bcyui~, m•~y i>r proiccv!<d aa if atl nwneys secured hereby
nad matured w~or to ~rs institunon.
7. That in the eve~t that at the bey~nn,ng oI or a~ r~y tEme pr~d~~~a j~y w~t u~cn t~~~s !YJ'Tga¢e. Or to fo:ectcse i~, or ta reiwm it, or ~o entwce
Faymenl of any Na.ms he~rvndc~. sa~d 4l'JRTGAGfE shast apply to !hr Co.,r~ hav,~:g ;~~~.sd~c:.un _~ot tor ~he ~apHro.ntn,rnr of a Rece~ver, such Cour~ shall
forthw~th ~~~o~M a rrer~ver of s,~:d m,ortgayed ptoorrty all and sinyu:er. i+u:vd ~~y e.i a~~:! ~ ny„ a~ u~e ~~ce~i~e. profAS. ias~es aed rr+er.~es f~an wbetever
teu•ce de~ived, eac6 ared e~rry of wh.cfi. ~t bewg e~pressly u~~de~sr,>,,.d, .s He~_~r n:.:~•.3.+ir~f as ~f st~e~ I~c~:iy set tortA a~d destnbed in the g~anting a~d
h~bendum cia~srs herrof, sr.d s~c.: Aecenrr sha.l hsve sll rhe Woad a~~d rfirc~~ve f.,•,:r.,: ,s a~•d po.vr~s in a~yn•ne entrusted b~ a Ccwrt to a Retr~ver, and
s:ch appointment shal~ k,e mJtlt D~ svch Courf as sn ad•n;ttrd equ~ry and a r.~tte~ ot ac:s~:v~e ngM to s.~~d h1JR1GA(3E`_, and w:~nort reference to ~he l
adrquacy or inadeq~acy of the vatve of the oropr~ty morrqaged or ~o ~he so'.e~~cy e• ,~u...:c~cy e! ae:d MOR~GAGOR or the defe~,danrs, and that s~ch
rrms, pro(its, incanr, isaues snd re.enurs shell be app~~ed by such Recr~.er aaoru ~~y a. rhe ~~en or rqwty oi sa~d MORiGAGEE and the praurce of such
Courf.
b. To du!v. pr~.nptly and fully perform, d~scharge, execute, elfect, cu~^N:rrr, c•:~~~F~:y v.~~h and ab~de by each and every the stipulations, sg~xTents.
:ondn"ans a~d ccvenama ~n sa•d p+om+ssory ~~ote and th:s mortgage srt !onh.
9. That in ~he evem tF+e ownersh:p o( the morrgaged ~emnes. w any part ti~crrcf, L-cco•»es vestcd in a perso~ oiher than the MORTGAGOR, the
htpRTGAGEE, irs successon ar.d au~gns, may, withovt nohce to the .\tOR1GApR, dre~ M,ah s:::h svcceszo. or successo. ~n ~merest wnh ~ekre~ce to thls
mur?gage and 'he drnt hereby secored in tne same manner as w~th Mort~~go~ ,n•,+ho.,r i~ a~y way .;~.ating or d~x!w•g~ng the fAo.rgago~i 6abil,ty hero-
;;rder ex v~ the d,br hrreby secv.ed. 1Jo sale of the Frem:ses hc~eb~ .no~~yay~d acd no fo bea•a•~ce on ~he ~~ar~ of ~he IAORT:,AGEE or i:s successon
er ess~g~s ar.d no earees.o~ of rhe t~me +or ~hr payment of the deb+ he:ct•~ sec.:r~~d g.~n by the MORTGAC,:E a~ its svccessws o~ ass;gns, s.ti~ll ope~ate
ro rNease, d~scharge, mcd+fy change o. aHec~ the wg.~al tiab~l~ty of ~h~ MORiGAGUR her~~:n, e:iher in who~e or in part.
t0. !t ia spec!ficaily aereed that ti~-.e ~s of the esxRCe of ~h;s co~~rraa a•:d ~h.~r .,o wa~~er of any ob:~ga*~on herr~nder x of the obl:gation sr
c.,red herebr shat+ at any time ~hr+ea}~er be he:d to be a wa~rer of the terrr.s he~rof w of the i:~s~r.,rr~nt secu~ed herby.
11. In atfd 1 en to the faeoe •..on:h!v paYmenrs of pr~~c ~a: and s- .:,q::.•~.d br tt+e p•en+ sscry ~1o'e srcured her~by. mortg3g~r eove~ants
a~d agrees to pay to t~~o*tgaqee v~~th each r••enth!y payr.:enf an ao.:•r,onal w~~ .•sr ~.~rrd b~ •norey~gee to be eq~ai to 1 12 of t;u 3n-~ua: cost of !he iollow-
~
A-AI: real proptrty tawrs ~e•. d o• auPssc~ci ag_~i•~st tfie ab~ve desc+~c~ d r. a~ rsr: re.
6-Pr~n- ~^s on 4~re and w~nda!c m~nwrar,~¢ as here~n requ:re~ to be ca~r~,•d en tnr :.roveme~:s s;t~ate on :he above d~scr~bed p~emises.
C-Premiu:~s u~ wth n+~•f~;oe g~ar~ney irtwra.:e as m~rr~ay~C sha:' t:c~^ 'o t.-^.c Ver:n fd to carry on the loan sewred hereby_
~ Mortganee s~e"~ jro:r t~:~~e to t~~-e ~+et~fy mortyag~r ~n wr;t.ng of the a^,~~^~ d•~•~ ard payab!e hereur+drr a~zd such s~-r sh~i:l thrrruNOn be dve and
f Fa.abte on rhr dve aa•e of ~he ne~r ~r•onrh:~ payme~t a~~d each success~ve ru~rh rrkreait,. u~ r~~ mortg3gee aha!I nanfy mo•rgagor o4 a change in wch '
a~•~ount_ $uch su:~s <_ha !x app:~ed bv mwrgsg~ towa*d the paymenr of ~eat preperr~ idaES, 1ftSVfJaC2 p~em.~ms, a:rd moregage gvaranty insurante ~
~ n-emivmf. t
IN WITNE55 i':Ht3,cOF the sa~d lIM1ORTGAGOR has F+e~eu*+to xt his hand ard saa~ thr day and ear first atoresa~d. ~
~ ^ S:g . Sealed de!ive~ i the presence ofc ` ~
FtLEO AND RECOROEO ` ~ ,n t
ST. WCIE COUMTIf F~A_
ROGER POITRAS (s~+4
CIERI~ CIe~CU1T COURT ~~,n
" RECORD YERtFIEO
- - - -(se+D
STATE OF FIORIDA ~,1~ I~I 2~ PN !T I
~~uvn oF ST. WCIE ~
~fo,e ~e ~,~o,,,;~y ,~aea•ed _ C~rie Johns~*~__sinale adult ~c _
_ __.-___-_~~fYi
'i~, to me wefl known and knowrt fo rt~e to be
+he ind~v~dwlJ dexr~bed in and who execurcd ~he foregang insrrumrnt, and acknow:edged before me that lhe~/ exec~ted the same fw the purposes '
t
ri+e-e~n eap~essed. 3~0[~i)OQ~- .
..----1. -
- - - - - ~ • ~
: - J
WITNFSS my band and off~ciat seal th~s_ _ day ol-___ ~ --`~U e-_ D.,,19
, ~ ~ ~ , '
_ -~<..~:-C~--~- - -~~G~/~' ~d"'~ ' ' i ` - J - . . -
' -,r--~ -
Ptotary P~~: ~t in a~d fo. the S~at of F{piid~ ~l~qe _
My Comm•ss~on expirer. ~ •
Re'urn So: ~
fi:st federal Savin~s 6 loen Assc;~~t~on
p~ =o~t V r-re -
fort D:erc.. F:o•~di
This I~strument Prepared By John l+. Col l ins ~
First Federal Savirgs b loan Association `
of Fort Pierce~ F loZida
Checked BY 6~
a~«i~3 544
~ ~r . .
~ t.