HomeMy WebLinkAbout0954 1. To pl~ct ~nd cont7nvou~l~ terp on the bu~:d~ngs ~~ow w I~rrra:ie, s.r~.•e~ o.~ ,~~d :ond a~,d :m e:: .•q,,:N+:~ent a::d ptrsOne!!v tacc'~ed by Ihit m~~g~
with •1) p~lmiums th~re~t pa.d ~n fuil, f~re i~suronca ui ~i~t .a~..~ at~.~i.~d ~ti,~c/ fo'm ~n a s~~n aNyw.ed b~ thr 111UR:v:,'vFE. •~:d +r„~tpm
;n~wantt io ~M uswl tta~xlard pu;.<y faro. ~n • s~~n a~p~o.oil t, ~r.~ tit.~Riti.A~.tt. in such ca~,,panti c~ co:•~;'+n,ea as t!~ AtpRiGAGEf may
direcl; ~ al) lir~ and w~rxl~tu~m ~ns~ranca poi~c.rs on ony ol s.+.~ tn,~ d:•ys. any ~nerr~,f N~er.•~n or ~,art thr~avf, ~n the aflq~cqare ~wn ~IpresaKl ot
tn ~xt~s! therNf, s!wN co~4m rfK ~tvat sea~~d~~d rnarrg ~y~r c o:.se or s~a1~ u~n.r a.,.ae as ~hr Matgayre nwy ~ry~,re. nti?~r~ tt~e tost undtr se~d poli-
c;es. eacA ~nd every. parob'e ~o sa~d .~tOR1GAGtE as ~es ~~u.•r.•» ,~;eY a~,+xar, a:,d ~•o~h d eYC~~ s~~ch N~ ~h,,H i,e p,w~:N~~y ass g~~rd a„d d.::~r.red ro
•ny keW oy t~3d A10RIGAGiE ~t furth~•r s_:un~y to sa~U n~,rtg.+~e d:i>e, anct. r...t ta•ss then 4••i {!C: d~~s i~ J(I.J~`lC of 1he ea~~?eno~ of eech pp~~ty, to t1r-
liv~r lo uid AWRiGAGEE a rt~k~nel ;i~~~cof, ~~r~ha~ v`~th a racr~i•~ for th ~ Hr,•~~ wm u( a.~ch rcnr~o : o.~:! thcre a%~a!I be ~w i~re or wi~.dsto~m int~rance
plaeed pn My ol s~~d bu~!d~~.ys. any inlereil therr n w pa•t fi:..~eof, u~, i~ ,t., forr~~ ,d .~..ti ~Le Ioas payab'e as afc~ceaid: aod i~ fhe evPnf •ny sum.
of mone~ becomes payable undrr s~ch pol:c~ or poLc.rs sa.d .+t~v~it;~~-.tE ~~:~~t h,..~ ~t~~• ;,~•.a., eo rrc:~.o -„d apF:y ~he s.,":r w+ accou:,~ oi ~hr ~~xkG~~d-
ness secwed hereby a to pe~m~t sa~d 1NORiGAG~RS to rec•r~~r a~~d usz n o• rr .,,,i c:~~. „e~s .;.T ~h u. a_,., .r „„p„~~•
'^9 +nY oq++'?Y. ?iM or r:ght undrr p by virlue of this mc:'~,~v; o~ui i+~ thr ~v~.~r s~d 21CiACO~tS sh~7 b~ any ro.~san ia~l to k~-ep ~he said p~e~n~~~y so
ir,iured. pr fail tu dvi„rr~ p~aiyitly a~y of sa~d po~.t~rs o4 ,~~s~ .,~,te ~o se d Att?F;GAGEf. cr t...: p.~~s:p;iy to pay fu iy an~ i;rc~m;,,n therefw or in aa~y
respect Iail W perForm, d,schr.~e. execure. eflec~, cauptrra. „p:y wn!~ a,:d .,b~de b~ m.s a:.•~••~~•~~. or ~nt i%,~~ h:rrof, Le,P ubGRTG~GEf may p,ace a~+o
paY fO~ tuCh ite~urartCt oa 1ny pa~t fhereof withput .~,a~~u~g o~ of}~~~;ng any o::t~30. !~N~l, C:jJ.~~. Jf r~;ht unJcr p b~ v~~r~e G~ thia Mwtgage. and the
f~ll a~nounl ol eatA and e~lry futh paymrM ah.~11 br m~~neci~alct~ d.,r a~~d ~apsl•~r n:t! i:~3r ~nr.~r_S~ teo,n ~hc dera thcrcoi unfll pa~d at the rate ol
n6x pcr cetuum ~r ann~m OnCI tJ3rTfx~ v~~th su:A ~:~t, r.~s! sn r..• s.:,.~.r:l I~t the :;en th~s mu~lye3:.
1. TO pe~mit. Commil w su!(er no N~asfe. i~~pae~m:nl u~ drt~•no~.~t.cr o1 :a,J l,•ilF:rrty w any p:,rt thcreof.
S. To pay all ~nd s~ngulsr ~ha cosra, ch+rpea a~d expr«srs ~~-:•.~d~~~g e r.•:,so~~aL~'r ar.o:~:r~b tro a~~d ces~s of absaacrs ot t~tte. incuned o. pa~d at ~
a~~y time by sa~d MORIGAGEE, becavse or m thc eve~,t ot :he fe.,ur~• un rnr cun or ~he a.:~d h'.JR1G~GUR rc Juty, pro~np~iy and fu:ly pzrform, d~scharge.
execute. effet~; canptete. compty w~th a~d ab.dr by esdi o^d c;~•ry rh~- s~~p_.a~.ens. .syr•~~ „rs, co ~J:~~a~s, and covc~wnes of sa~d pro~n;>sory ~ote .nd th:~
.r.ortpa9e aoy w e.~he~. ar.d sa.d cosn. chargzs and e~Etnsrs, ca:h ,~,d r.r,,. eTU,1 b~. •,a„r~'t d, and F.ar;t,:r: wh~•~i.cr w no~ th.re be noe,<e dr
mand. asremp~ ~o collrc? w sw~ pr,~..~g; and ~he tull a~nuunt of r~ch a~ d c~.-~ ,!~,:t t~.~.a. „~r~•rr:t ?•om ?:.e daee thereof untJl p~.d ~he
rare oi n;~ p~r cenr~m y~r an~e~.i; ~:,c: ~VI sa:d cosTS. c+~a~gas a~,d e.:~•~ s.s i:x~:~rJ or ~.a:d. ?a;.:tl~.~r ~..~h such ~~;!rrrst, stw~il be secured by Ihe I~rn of th~f
'^°'t~+9~-
Q Thal {s) i~ iht eveM of any b~ra~h oi thia Mo~tyage o~ def,.::t u~~ ti~~ p.~~t ef t,'v~i(;,iG:~R, o~ b) Fn tiK went aay a[ sa'd 3vm= ~f money
h~rein refe+~ed to be r.ot pro.npfly and h,;ly pa~d wdh~n ~h..~y ~3u~ a,,s n..~ • rt,c i~:..,, ,y ~r.a*,r d~e and pa~abie. w~~lwut dernand w no+~ce,
or (c) in Ihe ever,t e~h ~na every !he st~pv~at~uns. ag~ermems. cc~~~a~a•s a,tl c~.ei,a~~?s w s.+J ,,.ss~f ~:o~n a~: ths rtw~~
F=~•~ r d gage any o~ e~ther •~e nol
~uly, promptiy and tulty performed, oschar~eai. ece~ured. e~~e.~rd. e.•.~H1rraJ. .o~»;,i,rd n~+i. a,:ci ei.~d_~d 7v, then ~n e,ihei p any such erent ~he sa~d ag
~regate wm mentqned in sa~d prom,sswy note thrn ren,a~n~ng Ufl~d~~, 'N~~~l ~:.ec~~r;• .,.:..cd, and nw~~~.s sec~red hereby, shafi beto.»e d~e and pay
able fo~mw~th, o? thereafler, af the op~~o~~ of said MOR7GAGcE, aa f~.ty a=.:~ ca.,~,:~~r:Y as d e:i 1cf r'~r s~~d surns ot mor~ey were w'g+na;ly ~t.pulued
~o bt ps;d on wch dzy, a~ything in sa d p+o-mssory note or m:bis !41o•~geg:- ~u thc (G ~~•ery nora,~hsra::<i.::g, ar.d thcrcupon or thcreef~N af N+~ op~~on of
sa~d MORTGAGEE, v„rhout nonce or dema„d, sv~t at law or ]n eau~ry, t1~-•riere or ~hrr~•a~~rr tn~::n, m~y be pio~ccu~<d as :f aIt m~neys sec~red herebY
Rdd maWred p~;w ?o ~ts inst~tuta~.
7. That in N~e even~ rhat et rbr beg~n~:ng of or st any f~n,e pend~ng ~iny su~t ~po•~ ~h,s or fo fo.ecEcse if. o+ fo .rform it, or to enforce
paymenl ol any CId~'TS he•eundtr, said M1~ORTGAGEE sha'•1 eppi~• to tl~r Co„re ;,e.~,~q :,,•:,;i u:, .,~t io: thr a;,,,t nt~nrnt of a Rece~.e~, such Cou~~ shaH
fort6wit6 appo~nt a rrce~Yrr ot an~d r.wrtyegc~ praoerty atf Jr.~ s~::yu:a•. a:: d s .~co,~~.•_ prof.rs. ~s:.~es and r~venues from whateve~
source derived, each aRd e.•e~y oF wh.ch. ~f t~~ng txpress y ~nd~:x~a:f. ~s i•> :~.c~~.; ,,~~d~ ,.s s~kc +~ca; y x~ for:h and descri~ ;n the grannng and
habendum clavses her~f, and wch Rece~~er shaY havr a4 ~he br~a;i a d~ tirc• .e f~;r Fa„i.•s ~n any~n.se enuusted by e Covf ro s Recriver, a.~d
s;,ch appo'~mm~~~t s?~ei~ b, made by ~vcfi Ce,rt as an ad~•,~rr~•v ~G,;rt, ,~,d ,,-,•r~•r c.~ s_.,_ ,.r~ r:~jn~ •o s~•d MvRIGAGEE, a~d w~tl~cw reffre~xe to the
adequaey o~ inadeqvacy of t6e vatua of the proprr~y mo~+gaged e• r; 1~• +-•:c. a~~ af sa.d N.ORiGAGOR or the deiendanrs, and that such
renra, profits, inc.xr.e, :ssvrs a:+d reven~es sha:F br epp;~rd oy such Rec,~,e, ,,,:_,ra.•~3 r; ~i.e Len or rquny ot ss.d MORTGAGEE and the prachce of ~uch
CouA,
8. To duly, prompt;y and fully p~cform, d~scharge. execu!a, ef+c:!, com.~:rte, c~~, F~y xl+h and ab~~c by each and eve?y !hr stipu:ations, sgreements,
cor~ditqna and covenanu m se~d pre.~;ssor~ note and rn.s m~rtya~e s~•~ fo~:n. - _
9. Thae ir. the evertt ihe owr.ersh~p of the mo,tga9cd ['re"',s~'s, a r~y part rrc•~cf. L•.~comes v_sted in s pcrwn o~he~ than the MORTGAGpR, ihe
M.pRTGAGEE, ifs successors and ass~gns, may, w~thovt nof~ce !o t•~e :',JSIvtiJR. dce :;,~th successa a s~ccessor in i~•teres~ w~rh refer~ncc to tF~s
mortgage and rhe deb~ hereby sec~rad rhe same manner as ,n~•h :~~,.~,30, ,,,~~.;,,,r ~n a~,~ way vir.annq w d~scha.g;ng the Mwrgagors' liabil;ry herr
~nder pr upon th. debc h~rei•y r•_c.•ed No sa:e of ~he F•e,:~nes h.~~~,, ~,:.g,•;~ a:•o r:o iorc•~.~+artce en ihe pa.t of thz r~1pRTGAGEE or ir~ svccessws
er afsgns and no ex~e~~s.on o! she r,.r:e for the pdymen} of ~t,z dr6+ 1~•.c~•, se~.,~ed o~.cn b~ the '.:JR?GAGE'_ o. its wccessws w ass:g~a, s~wll operate
~-e~ease, d.scharge, mod~iy cha~ge o~ affect ~be o~~g~na1 i,a:, .ry o} f~:e A'..~~iv;.GOR r.ere n, e+tner m,,.ho~e or m part.
10_ It ~s spec~f~ca;~y ag~eed ~ha+ t~me ~s oI ~he esse~ce :.f ~h;s ce•~~ac+ ,~~d rhit ro ,i„a:.er ol aRy c~: gas.on hertunder or of the obligation sr
cured Fleteby shati at any hme thereafter be he:d to be a~ve~.rr ef rfi~ trr~•.s h_•rrc:t o. ot the +~4srument sriu•ed herby.
11. In a~d t,•,, fra Iweac .i c:n±h~Y f ay•,, .nrs o~ ~ ..n~! S~ t. -
c*o:• ss rti ~*c; s:c_~rd hcrrbr. mortg~3or covenama
end agrces to aay fo •,~-rg.iqre a~fh ee_h ~.,unrA ~ p~.• e,:t er o::a, s.:. , ,,i c,; ryy,_ to c;~ e--~u~ to ! 12 of tt ~,,n::~al cost oE the foiiow- -
~ng:
A-All rea! Yrcper±y t3R_s lev~ed or ass•~sc~-ci a~ ~.^.si ~ ai.~...
~ , - d'-s_^,h•. A r~>at r+sr.~t~ . .
6- Fi o.rs on l,r~ and r:.,.cisto•n, :r.w~arce as r,.~-<:n •.c. ••i to ~i rav~~•r.ents s.r;; t,
- a A cn th.:~a!~ovc desc~ibed prem~~es.
C-Pre~^i~~-.s on svch „~ort~.:ge ~JC~dl3^.!V ~rzura• as _-+_~a_:..., s• a : !:c . . , ~ d-~~ fft To tsry on ~he toan sc,vred 6ereo
Mo~rga3er s^•s ~~:cr.~ r~~~e ra r:•ne .^.o~ +T me~,4~g n+„r ~ ~ c,' r i_ :i na.~ :'.e here~r.~,•r ~~:d s~th su.*: that! thrreuaon be due and
: avable on s~ d„r ~ aTe oi ih= .•~xt :~-o^rh.: ~-ayT~.,.t c.:c'- t c~ss e ~ eeer.•• „~~»~rry~gee sh~'~ not;{y morrgayw of a cha~e in sv:h
a-~ourtt.~"$u[h sv~s sF.: r.e ar~• ~ed by mort~ay to.~a•d :re }.a~ e~t ef rc : 4; n~ ;ea~s, •r,lsurance premu.~s, a•rd mo~tgage guaranty insursnte
o~emiums. .
IN WITNE~S Y+HFREOf +ne sa~d MtORiGAGOR has hare~ato ser i,:s ha~:d a~:d ses: fnc da; and year rse aforesa~d.
~ ned, Se,e: a~d .ered ~n fhe presence f~ F~~EO ~ND RECOAOEO ~ ~ ~
ST. WCIE COUNTY FLA. ''r r -~-f' ~,q
_ _ _ ROCiR PO~Ta~S ~ t~~~
CtERI( CIRCUIT COUR - -
- RECORD VERIfIEO (seaq
_ - ~ Z ~ ~ 0? ~H ' ~ ~ ~ cs~.o
STATE OF FIORIDA -
c~uti~r of _ St. _:.ucie_ - - ~ ss. ~ ~71.~~-~C~
6efore me penorwcty apaeared ----~j~j1 1~@S.LEl"; a c inn! P.~d~},~_1 ~qd.
` _-1wrv?~it, to me we1S known and known to me to be
the ind~vidval~ dcscr,~~ in and who executed rhe foreyo~rw3 ;nstrun~em, arrd aci.~,ow`.edgcd brfore me that ahey exec~~ed the s~me fw the purposes -
thertin eYpressed. AnJ ~hes~wi. - - - -
w~ts-d~he-s~,J - - - - ~w ~ ~~p~r~t?an~~wv~~t
c~,w:wswa~e-bY~we-ww~a? s-pa.a~e-w~d ep~t ~~e~r+~fi.rae'd i~s~lre.:d, ~e!~snirdged-~e~ e~.d ~~e4eee ~we ~tner she e~w.e~Hed ~a~ iws~esn~f- i?eeF~ ~nd.roluw.~
~raty ~nd-+w.ti~u? ~wy p~MiMA ~onwM~wM ~{sF.ei~ews.ow.. ~r ~tw» a~.• w 1~cw, ~r~s~+r wwbawd.
WIiNESS my hand a~d offic~al seal rh~s- 4~ - da~ ~f - --~ylr~-- A 0. 19_~._
- - ~ -}i/1CQ+t~
I~IG~3ry Pub! n and for the •te of Fiorida ~1 lary~
Retvm To: 1V?y Co^,-n .on eap~res: / 9'~ /
i
first Federal $avings d lo~n Assoc~a~~cn • ~ 1~~ ~ rat~ it ~t~t
.RS.
OF i0!t i'._•te . .
Fo•~ v~...<e r~.:ij . td~ Commissip~ Ei~ A~p. 6. 197i
. ~oNwi w w.d.. NA a ~..rrr ~
f ` ; - . .
.a._; , . -
7his Inshument Prepared By J~~'ir? Collins ~ ~ - -
First Federal Savings ~ loan Assoc+ation -
.
of Fort P,erce, fi 1 or i d.-~ ~ c;~
- . ,
~ ~ ~
Checked By~.__-------- $is, F- ~,S``
'?~~r~~~~~~N'`-
eooK ~9~
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