HomeMy WebLinkAbout0942 To ptacy •nd ~o~~~nvo-.,sly kcsp orc tM bu~:d~ngs ~ow w htr~attN ulw~~ o+? ~a:d Ia,.d and n~ a!l eq~ianunf ~nd pcrsonally covtrt~d by 1Ais ma~g
~g~. w~~h oll prem~~ms +hrrra? pa,d ui full, tue ~ns~.ra~cc ~n ihs uwal ~ta~dsed po!~ty lum, io • wm apwo~ed b~ ~he MOR~I.AGEE. •~~d w~nds~am
insv~~nte in ~he uwal s~end~rd pet~cy fa:o. in • sum rpp~ored ~~y ~ha MORiGAGEE. io sucA com~ny or compames aa ~M MORf(,AGEE ~y
d~rec~; s~+d all tire a~~d w~ndscurm inw~ar+ca potic~es on any of s~~d'buil~•npf, any in~e~~s1 ~hme~n w pa~l the~cc}. in the ayg~rqste tum afa+said w
in exceu thr~.of, sf~.?li cM+enm ~he usval su~Kiard ~no•tgagee c:aus~ a such o~ha clsusr as Ihe Matyagre may rrqu.~s. m~?~ny ~ne wss ur~ sa~d pot~
.~es. each and evc.Y. Mr~~le ro~:~d A1JRiGAGE~ as n• ~r.teris~ ma; aPP~+r. .s~d each and erery svch {wl~c/ sF~~{I lx p~o+rptly au9ned a~~d de~~ve~rd ~o
•ny heW by ss~d AIOI'IGAGtE as E~nh~r srcw~~y ~o sa~d mwigage drut, and, no~ less tha.~ ~en (101 da~s i~, ad~en.n of ~hr e¦p•~a~~on o~ each po6cy, to dr
J~~er to sa~d MORTGAGEE s rc~u~•at ~hereof, ~oye~he~ wi~h • rrce~pt iw ~M~e p~em~um oi sw.h re~,ewal; and ~hrre ahall be no i~re o+ w:~~daw~=~ in~uranc•
plated on sny of sa~d build.~x~s, eny intereat 1hc~c~n w pa~1 thercof, unl~ss in the fonn and w~th the I~s~ payab~e as aforesald; a~~ in tha e.e~t any ~wn
of money becames peyabte w~drr such policy o~ µo~K~es s+~d MORTGAGEE shall havs ~he opuon t~ reccive aiul apyty fhe se~ne w+ accoun~ ol ~he indabtrd~
ness ucureJ he~aby a ro pe~m~t ss~J MQRliaAGORS ~o ?eteive and vse i1 0~ any prrl thr:~vt ia oukr ~:urf.usrs, •n.tn„~t th_~. u~ ~nrw~ ~~+~p~~r-
ing any eqv~ty, Gen w rlght u~dc~ w by vi~tue o~ th+s mo:'~a9e; ~nd in ~he evcm ta~d MORIGAGORS sha!! (x any ~eason (ail 1o keen tF~e sa~d p~em~sts so
insur~, a Iai1 to del~vrr pranptly ~ny of said ~o~~cies ot insurance t~ sa~d MORTGAGEE, or ia~! promprly to pay luily any p~e•~*~vm the~efw a in a~y
respect fail ~o pafo~m, d~scharge, eaccure, effect, compkee, comply wi~A ~nd ~b.de by th~s covenam, w any part hereoi, sa~d IAORfG.1GEE maY pl~ce a~~d
pay }o~ such insurance or any part th~,eof w~ehou~ waivi~ a affectinq any optwn. lien. equ:ry. w r~qht unde? p by v~rh~t ol this Mon9aQe. and the
full s~nount ot cach snd e•e~y such paymen? sha~l be irtuned~~tely dve_ and paY+ble and sha~l brar. intrres~ hom ~he dats thereo( v~~~il pad at the ratw ol
mne ~.er cent~m per mu~wn mxl to~rth~r wnh a~<h iatr~est shali be srcured by the liln ol thia mottgage.
Tp petmi~, commit or suffer no wes~e, impairmer.t w deter:orar~on ot sa~d p.operty or any paaf the.cof.
5. To µay all and iin4ular the costs, chargcs and eapenxs, including a reasonable attorncy's 1ee and costs of abstracts o1 title, incurred w paid al
eny time by sa~d /NORIGAGEE, bcca.ise w in the evrnt oE the imlure on ~he pa~~ of the said M02iGAGOR eo duly, pranpNy and tv~ly pe~Form, d~uharge.
earcute, efiec~, co~np:ete, co~uply w~th and ab,de by each and e~ery the srip~rlaf~ons, sgrecmenrs. caxl~bons, ~nd covena~~ts o( smd p~annsory note a~d ~his
„ortga~e anY or e~~her. and s~ d cosrs. chargca and cxpznses. e3ch and every. shall be immea~iafety due a~+d payab:e: wnr~her w not ~here be no~~ce de
n.ami, atten.pt ro collect w suit Fsnd~~g; and rhe full ameuM oi each and eYe+y s~,ch paymem sh.s~! bea. interrat f~om ~he da~e thereol uhtil p~id ~1 1he
r.re o~ n~ne Exr cent~m yr~ an~:~.:~~; orw' a~l said tosts, charges a:xl eapeeues incurred o~ paid, together ~v~~h wth ~mcrest, shall be secured by the I~en of th:s
mwtyage.
6. iha~ (a) in ~he evrnt of any kxescb of ~his N~atgage or dcfau~~ o~ the pa~t of the MORTGAGOR, w ib) ~n the event any o( ss:d sums of money
he~ein reFrrred to ba not prompUy an.' fully Wid with]n th~.ty 130) days neat after ~he sa~x severoUy bec~ne d~e and payeble, w~thovt demand a nohce,
or !cf in the event each a~d e~e.y the snpu~ations, ag~eements, cond~sioj~s and covenanh ol sa J pra»iswiy note and th,s mo~tgage any w either ~~e no1
i~fY. p~omptiy ar~d fully ~fo~rned. d.xF.arged. e~ecured. effec~ed. completed. compl~ed w~~h and ~b~ded Sy. Ihen in e~the~ w any such event Ihe sa~d ag
~regate sum mene~u:xd in sa~d prom~sswy note then remaimng unpa~d, w~th iroe~est uuurd, and at~ monays secu.ed hereb~, sha~~ become dw and pay-
ab~r fwthw~th, or rh.:rea!~er, at ihe opr~on ot sa~d htORiGAGEf, aa fully and compfete!~ as it afl of the sa~d svms oi mo~ey were o~g~oally st~pulated
ro be pa•d oo iuch d.:y: enyth~ng in sa.d p~o~n,sswy note o~ in rh~s Ma.tgage to ~he contra+y norw~~hsra~~d~~~g; a~.d ~hcreupon a ~hcrealte~ at ~M c+pnon of .
ia:d MORTGAGEE. ..akout not~ce or drma~~d, suit at iaw or in equ~ty, therefwe or thereai~er begun, may be proaccuted as if ~II moneys sec~red hereby
nad matured pnor to ~rs i:uutur~on.
7. TRae i~ ~t.r r.e~~r rha~ at me brg~nn:ng of or af any time pend~ng any suit upon fh~s Mo-rgaqe, o. to fo.eclox ir, w to reform it, w to enforc~
paYme~t of sny da~~~~s he•eunder, sa~d MORTGAGEE sba11 appty to the Cou.~ ha~~ng ~ur~ad~cuon ~hereof fw +he appo~nrment ol a Receiver, such Courf sMli
fo:rhw~~h appo~nt a.rcr~.er of sa+d mortgagrd Frc~erty al! and sirgular, inct~d~ng all ard s~ngular the inco~~~e, pro4,~s, iasues and revanoea from whateve~
sr:.~;e dei+ved. exA anc! e.~ery of rh.ch, n Ne~ng express!y undt~a~ood. is hereby mcv~gaged as ~4 speof~caily xt (a~h and dex~~txd in the g~antug and
habendvm cfa~ses herroi, and svch Rece~ver she11 Mve ali tF~e broad and ef(ecave tunc~.ons ar~d powers in anywne emrvsted by • Co~rt to a Rcceiver, ~nd
s~ch sppoin!me~tr sRelt be made by such Cov~t as an admitred equity and a maner of abwlwe nght to said MORiGAGEE, and wnhout rekrence to the
adey~acy w inadeG~acy oi ~he vstve of the p:opcrry mor~g~ged or to tF~ wtire~+cy w.nso~vency of sa~d /NORTGAGOR d'he detendants, and ~h~t such
ren~s, pr~tits, irxanr. +ss~es and revcnues sh+t1 be appl~ed by such Rece~ver accord,~~g ~o the IEen or equity of sa~d MORIGAGEE and the pract~ce of such
Court.
8. To d.rly, pr«nptly and fvity perform, d~scharge. e:ecufe, effcct, complete, comply wiih and abide by each and evc~y the stipvlatio~n, agreeme~ts,
cond;tions and co~rnann ~n sa~d p~om~sso+y nose and ~1~~s mortgage set fath.
9. ihat in the event ~he o«nership of the mortgaged prem:ses, or any part the~eof, becomes vested in a perwn other than the MORTGAGOR, tF~e
AtORTGAGEE, ~+s s~.ccessars and ass~~ns. may, w~ihou~ no~~ce ~o ~he MORTGAOR, deal w~~h such successor or s~ccessor in interos~ w~~h refrrence ~o this
n:o•tgage and the oeut hereby secwed in the sane manner as w~~h Morigagor without in a~y w+y vil;~ling or discharging tht Mortgagori IiabilitY hertr
~~der or u~ rhe drb+ h,:~ehy s~c~~ed. No sa~e of the Ertm~~es hereby mo~tgayed and no forbearance on the pa.~ oi tF,e MORTGAGEE a it~ svcceasws
or ais~g~s a~d no eare~s+on ot rhe nme iw the payment of the deb~ hereby set~red g~ven by the MORTGAGE: or its successws or ass~gns, shall operatt
ro rdease, d~xhar3_. mod~fy cha~gr or affect ~he orgmai l~au!6ty of ±he MORiGAGpR herein, either in whole or in parr.
10. It is sper.l~ca~ly eg.eed :h~~ time is oF the esx++ce of th~s contract and tMt no waivea of any obl~ga~~on hereunder p of the ubligation se-
cvrrd hereby shali ar sn~ nme rhereafrer be he7d to be a war+er of the te:ms hcreol o~ of the instrumeM secured herby.
11. ln adcl.t:a~ +o the foae3o ~.g monrhty payments of princ paI ar~d inte~est ~equ~red by the Frpm~isory nore sec~red h,:~eby, mortgagw covenants
a-~d a~:res te gay !o mo:ryayee .+•th each mon~hly pay..~ent an add~T~onal s~m esr~mated by mortgagee to be eq~rl to 1_"12 of th~ ann~a! cos? of ~he follow-
A-AII real ~ rop~~~ty ta,ca: le•.~e~ o~ assessed ag~~•ist fhc a6ove desc.i~d roal estate.
g-p:e•r.,u ~,s o~ f,•e and w~:~dsse~m ~nsuracce as berr~n ~eq~:red to be carr~ed en the improveme~ts s~tuate on the above desa~bed premises.
C-Pre:r;~r s on such ~rort~age ~uaranry ~r.sura..ce as morrgsgee shai! (rom r~ms- to t~me deem i~t to carry on the loan sec~red hereby.
~ ?Ao~tgagee s~-~ ~ j~an f.:na to n:r*e nct~fy mortgagcr in writ~ng o4 the amount doe and payable hereunder aod s:xh s~~n shail thrreupon be dve and
'I c~~,ab!e on tha d~e ria~e oj the n~.t month,y pay~nent and each sutcessive mo.~fh thereafier ~r.til morigagee shall not;fy mortgagw of a charge io wch
i a• o~~r. Su.:!~ s~m.s s~ ~ i:,e d"JF:12d LY ~1/U~1J8/j2C toward the paymcnt of real P.ope«y taxes, insuraoce p~em.~ms, a»d mortgage guaranty insuunce
c•em~ums.
I IN Y~ITrlESS :•:ii:R;Of. rhe sa~d MO~ZiGAGOR hss hHeunto set his hand and seal the day and year 'rst afwesaid.
~
Sealed deiivr ~ the eserxe of:
~
~r~ ,L F ~t.,c , _ a ~ a Z q
_ "
- ^ ~oTIIe ~E~i~~ s C•~ ~`'"q
- - _ ~s..n
SI:.TE OF FLORIDA ~
St Lucie ~
courvtt oF _ • 1
~ef«e me perwnatly appeared Otha I?1. Efi+ards _
_ ~p2~K. Edwards his wifq to me well known aruf known to me to be
rhr ind~vidvaSs dexnbed iry; and who eir_uted tt~e foregoi instrument, ~nd ~ckrwwledged belwe me that they executcd the same fa the pu*posef
rhe~ein exp~essed. And the sa~d__-_ ~1~ K. Ed~vards _
«:?e of ~he said ~thd I~'S L E~W.''~ Tt15 _ upon ~ separat~ ~nd piv~b
e.:.m~nar.on by me taken separate and apan f~om he? aa:d husband. acknowledged to and oefore me that s!+e eaec~'ed ssid in~trument freely ~nd volun-
ra~~~y and w~thout any cwr.pu:a~on, constramt, epprehe~s.on, feu of p lrom he~ u~d husband.
WITNELS my hand and of~~ual ual th~s----~,.~~_[-'-i~-- dsy of' - A. D_ 19_~l
~
Noary PubIK in and~ for tl~e State of Ffonda M La~
My Commission e~p'~es= L t~. f 7 t
Return io: ' •
~ust Federal Savings b loan Ass~riat~c~ f ~LED iND • • 7 / ' ~ -
Of fo.t Prrcr ~t.`VCi~E~ 1~~`~ .
F~.. v,P«e. F;,:.,:~, ItOGE RCU p CO~e ~ _ : , ~ -
CIER vE~?t~ E _ ~ .
_ RECOR~ I ~ , 4~:
This Instrument Prepared By RfCha rd K. KayeS~ S;•, i~_ : '
First Federal Sav=ngs 8 toan Associat:on -
of Fart ~~erce, Florida .~~V`~-'~3
Checked By -
e~a~ 1S3 941
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