HomeMy WebLinkAbout1127 To ~1ace anc+ c:x~~inuoi.~~Y ?eep on ~he bu~!d~ng~ rww a M~~ihN s;~wf~ a? uid land ~nd on ali ey~•~w»e~~ •nd psrsu,ally <ow.~d by ~his „~o.~p~
afl~, ~v~~h aU pre..tiv.~is ~I~r~ea? pa~d ~n luil, fi~e ~oswance ~ha wu~l s~aodad policy fwm, in a wm •Hy~o.cJ by tM MOR~vAGEE. ~~.d w::~ditam
~nswante in the uswl ~~e:xfa.d poi:cy iwu,. :rr:~..3 E,y ~h~ MGRiGAGEE. u+ auch car.paoy or co~npan~es a~ tM MORTGAGEE may
duec~; nnd •II iir~ •r,d w;rnis~~rm msvrar<e po~K~~~ on any al •a.d bwld_np~„ ~ny inqrrsl ~Ae~e~n w~vrl thNevf. ~M pqrt4a•e s~m ~tpya~d o~
in ~acess thr.eof. sh~l1 cont~n ?h~ ~swl s~~:Jard nw~~~a9se ct~us~ a such a~ d~uu ~s tM Ma~p~yee rtuY ~equ,r~. ma?~np ~ns bat u~de~ ~ud pol~
des, exh and eve:Y. payab!e a saK! A~ORIGAGfE as ~fs ~,.~r.e~t rtw~ ~p~»a~. ard each ~nc! e~~~y iuch ~wi~cY sh.It b~ µrpnyuy a~s9~~cd a~d deti~rred to
any hetd by s~~d MARIGAGEE es lu~~hor s.w~~~y ro s~~d mu.tQsfls drbt, •nd. na~ leu than 1en (101 days i~ .J.a:xe o! N,e e„pir~~~o~~ ol each po1Ky. fo dr
fvar ~o ?~~d MORTGAGEE e•?rkw~) U,e•eot, toO~~Fu~ w~~h • rece~t fa 1he pran~wn o( sucA renewal; a.d ~here sTatl be ~•0 6~e w w~~~dstorm i~w~~~c~
placed ~n anK of sa~~ bu~!d~nyiny ~ntere~t tl+e~e,n or pei~ ~haeo/, v~ie~~ in the fwm a~~d w~~h t!» losa payable as •(aes.~d: ~nd in ~M •veM any suen
of ~noney bcco~x! paYaQls unda~ s:,ch policy w polK~es u:d MORIGAGEE sh.+ll h~ve ~Ae op~wn ro ~ecrire a~~d opF.~~ ~he srme on eccow» o( tM ~ndebted~
net~ setvred ha~eay a~o ~x~m~~ :~~d MURiGAGORS ~o retewa ~nd uw i~ p•ny parl N~r+eal 1a onK•. <<w; w~•s. ..,~hv.:e ~h_•. ~+r vr~~~~~~~ ar ~mp~~r-
ing anr sQv~t~, beo w~K~h1 w~der a by v~etve ol Ihis n.o:'9~ge; ~nd :n 1h~ •veat w~d MORiGAGORS sAaU fw ~ny ~cason (ail ~o keep ~he sa~d premises w
~~surrd. w t~il te del+ve. pranp~Iy any of sa~d pol,ues ol insura~x~ to ~~d MORiGAGEE. w fad prompQy to wy tuuy o~y ~xe~mu~n thertfo~ a t~ ~ny ~
re• t lail ro lam duchr. eariuro, e~~ect, can lere, c 1 w~~h and abici~ b th;s cove~+.~n~, a an a~~ hrreof, sa~d MuRiGAGEE ma I~c~ •~~d `
prt pe~ ge. P ~`P Y Y Y 1~ Y P
par fa such in~w~ncs o~ ~ny pa~t tha.eof wnhou~ wairinq o. al(euir+p a~y o~~ion. lien. equ~~y. w r.gM unde. w by v~.Iw ol rhi~ Mor~9a~, ~nd ~he +
fuil anwwnt ol e~ch a~d e•ery such paymeM shelS bt ~~~ur:ediNely dw ant! p~yrbb ~~d sMll b~~. i~teresl irum Ihp date tlureoF until pad ~1 tM r~t~ of ~
+une per iavit~m pN an~~m ~nd to~cther w~!h svch u~tcrest shaii be .ecu.ed br ~M lien o( ~h+f mw~fl~ge. i
To pamit, com,nit w su!tn no w~ste. impoirn~enl a deterior~~ion of said prope~ty w~ny part 1Acreof.
S. To pay all ~~d aing~l~t_the coats. cha?gn and eyxnsrs. includ~n~ • ravsw~able ~ttorney's lee and wsts of abs~rects o( iitls. incu~rtd p p~id at
~ny ~~mc by ss~d A10RTGAGfE, bctause a in ~M evtm ot ~he ta~iure on 1he parl uf tM said MORTGAGOR to du1y, prompUy snd lully perfotm, d~uh+r~
executs, eEfect, canp:ete, caTply rvdh and ab.de b~ r.uh and every Ihs stipulst~ons, agreen~ts, condi~ans, a~~d cove~unn of uid p~amssary oot~ and ~his
„~t9a9e any or e~~he~, and sa~d cost~, charges and eapen~as. exh and eve?y. shall bt imme.~~ately due and payabte: vrhr+her a not ti+e~e be nohce d~
msnd. atte~npt ro cwlrc~ or suit pe~ul~ng; and ~he (ull a~.wu~~ of exA and we~y such payme~~ shall bear ~nrerost hpn ~he da~e ~hereof un~ii paid ~t the
r; t~ o~ n~~~r pt~ centwn yer ern~u:n; arx2 ~iL_sa~d tosts, chsrges and ex~xnses i~icvrred Or p~~d, 1oyrlAer w~th ~uth inte~esl, shell be saured by tM I~en of thw
mort9ye. ,
d, TM~ (a1 7n the eve~nl of ~ny bre~ch uf thia 1i1o+~gage ur de(+ut~ on the part o( the MORTGAGOR, or {b) in ~he event ~ny ot u~d sums of nwe»y
herein ~efrrrd to tx rw~ ~r.~np+ly and Ivily paid wifh~n th:ety t30) d.~ys neat after ~he ssr.~e severa:lr becon~e due and pa~rabfs, w~thout demand p not~ts,
o. (c) i~ thr evero exh and e~ery ~he iriputa~~ons, ~grQeme~~n. cond~riona and covenann ai sa:d pr~n.~ssory note a+.d th.• ma~gsge any a enAer u~ no1
iviy. Promptly and fuliy perramed, d,xM~ged, e~ecvted. effetted. completed, compt~ed w~~h ~nd ab.drd Sy. thtn ~n e~~her or any such evem tM ss~d ag
~«gate wm memio~xd m;a~d prn~n~ssory notr then rroa~ni~ unp~~d, w~th ime~est acuued. and ail moneys securcd hereby, shall becwne dw and pay-
a^~e fo+thwieA, a rhe:esft«, at fhe ope~on of sa~d 1NORTGAGEE, u fvily and canplerety as if aIl of tlx sa~d svms of money were a~gH+ally s~~puta~ed
ro be pa.d on such day, a~~~h~ny ~n sa.d pramsso.y note or in ~h~s Mortg~ge ro the con~rary notw~rhsund~~~p; and ~he.evpon or there~f~r at ~FK op~wn of
sard MVRTGAGEE, v`~ttxwt rwrKe or demand, suit at Irw or i~ puity, the.efae w 1he~ealeer bey~n, m~y be prosecuted q if ~11 maneys s~cwed hasby
n~d matured pnor to ~ts im~~ru~~on.
7. ihat i~ rhe evcnt ~l,ar at ~he beginn~ng of or at sny ~ime pcnding any su+t upon this Mortgage, w to foreclost it, w ro r~fo~m if, w to enfwp
c~aYmc~~ o! any cta~~~~s he•c.,nder, sa~d MORTGAGEE shatl a~ply ro tPe Cou~~ ha~ing iu~~sd~a~on ~hereol (a ~he appo~ntment of ~ Receive~, tuch Covrt shafl
i~•fn.viM ;roo~M a rece~ver of ao+d mw~~aged p~oQerty eil •nd s~ngvlar, includ.ng all a~d sir~gular the income, p~ol~ts, issues ~+~d revenues from wh~t~ve~
s: ~~•ce derned. each and rrery of wh:ch, !t be~np ex~xess~y underoroal, is ?~ercby matgaged ~s if spec~licaily set Ipth ard dexribed in tht g.antinp and
naE.end~m dauses herrol, and such ReceiYe~ ahatl h~ve aH the bwd and effeaive fu~u.o~~s and powe~s in anyw~se eotruated by a Co~r? to a Receiwr, •~d _
a.;h appoinrme~,t sfia11 br ma.l~ bY such Cov~r as ad~nitted equity and a ma~ter of ~bsolu~e r~gh1 to said MORTGAGEE, a~d wi~hout refcrence ro the
ec:e.~vaty ot inacirq~acy ot thr vat„e of the property mortg~ged w lo the so;vency or insolvency o( said MOR~GAGOR p the defendams, ar+d that such
r»rs. Frof~ts. :ncc+.u. ~ssues and r:vcr.ues shett be appl:ed by such Recr~ver ~cc«d~~~ ~o the I~en or equ~ty of sa:d MORiGAGEE and ~he praclic~ of such
~ Court_
8. To d~~:y, p~orrptly snd (ully perform, d~scharge, execuie, effect, complete, comply wi~h and abide by each end ~very the sY~pulations, ayreemenq,
wnd~lionl ar,1 coreoants m u~d prwrissory note and ~ha margaye sr~ fath.
9. That in rhe evenf ti~e ownenhip of the morrgaged prem~ses, o. any pa~t thereoi, bccorties vesfed in s pe~son other than the MORTGAGOR, tM
ti`O~',^,^GfE. ~+a s~,ccessas and ass~gr.s, may, wi~Fwv! not~ce to the MORTGAOR, dlal with s~ch succesaa or wccessor ]n interest wi~h refer~nce fo thes
mortg~ye .~nd rhe drbt hzreby secur~d in rhe same ma~rKr as wiih Nb~tgagw w~thout in s~y way vit~a~ing p d~xhaig:ng the Mortyago~s' li~bilify herp
~~de+ or ~ Fwn the deb~ he.eby sec~rcd. ho sele of the F~emises he~eby mwtgaged and no fo~bearance on the p~r~ of the MORiGAGEE w its wctesso?s ~
or aas~~~~ and nc earens~on of the t~me fo~ the paymem of the deb~ hercby scc~red qiven by the MORiGAGE~ w its successws a ass~pns, slull operat~
io re~ease, d~xharQe, rtwd+fy change a attett the orig~ml Gab~ilty of Ihe MORTGAGOR herein, either in whole o~ in pa~t.
10_ It is spec,ficaliy ag.eed ~ha+ time is of the essence of this contrxt and that no waiver of any abfiga+wn herev~de~ or of fho oblgatan s~-
:ured hereby ~!w!i et any tirr~ thereafter be held to be a w~~vtr of the terms hereof p of the ins•rurnenl setured F~by.
11. In add r.c:, ro the fo~e_~a ~~9 r•onth!y uaymenrs of princ psl and :~vc.rst reqvir~ by the prom:ssary no~~ secvred hereby, morfgagar covenants
r~d ag.xs to pay ro n:ort~agee v.a+h rach monfh!y ~eyrent an add~rion~l sum esr~mared by :no.tyagee to be eq~al ~0 1;'12 of the annwl cost of the follow-
:t3
A-AIi .eas ~.r~.Fk.:y rn.,rs ;e~,~ec'. or assessrd ega~nst th~ abo~e desc.ibed rea! esfate. ~
8-F:_-~ ns o~ fue ard ..~~~ds~o•n: insurarte as here~n rcqu.red to bt tarried en the imp~ovemeats s~tvate on tbe above described premises. ~
C-Pre,~•~u^~s e~ svch n•o:+a:,ae g~aranty ,nsv~a.~ce as mortgagee st+all fro~: rme *o t~me deem fit to carry on t!ie ba~ secured Fxreby_ ~
Nortos~re s^r t~:~:e t~ T~:.,e nof~fy mo•tgagor ;n writirg of tFx amou~t dve and payable hereundrr and such su:*+ shaN thcreupon be due u~d
.~.ab!e on rhe c~e ci.••e of ~he ~kzf mo:i~h!y PdYment and each successive month thereaher ~reil mwtgagee shali notify morrgagor of a chan?e in wch ;
;I s•_,.,~ir. ;wch s~~r^s s~ be apF..~~d Gy matgager toward the pay~*unt of reaf p~openy taaes, i~surance p~cm.ums. a~id rtwrt9age gvaranty inwrance ~
~ : •em~ums.
~ IN WI)~:~~~ :~H:RiOf rhe sa~d ~ORiGAC,OR has hereunto set his hand and sral the day and year fwst afdesaid. . - ~
Signed, Sealed :veted ?he p~esence f- FILED AND REC0~10EO ~
j~ ~
ST LUCIERCPl~1iRAS . ~ ~ (seary t
ROGE ~
CIERR C~~tCUIT COURT ~ ~
- - RECORO VERIFIEO~ ~ ~ ~~-s-"'~~-- .~5~+0 `
" ~ ~J ~ ~
S? aTE Of FLQI2lQA-- ,
= st. Lucie ~ /2:3'~• 2111t~~~ ~
~JuVTY Of -
s
~fw~ pe~sa,,,,,, ,~pea,ed Freddie L. Carver i
_ Helen H. ~27CI' his wifr, to me well known and k~ 1e` ~
+~,e :nd~ridw:s deur;bed in and who executed the for~°'`~ i~utrument and acknow!edged before me that rhey eaecuted the sarlfr 'ip t~N ~
rherein exFresacd. Md the said---~------ '+e1En x. Carver _ , ~
o~ t?x .a~a _ _ Fi~2ddie L. Carver vpon ~ s~p,,,a ,,,d.~,;,,/~f.
e.a-n:ner',on by m.c taken separare and apart f:om her said husband, ~cknowledged M and be+we me that she exetuted sa;d ievtrun~Nwf~Kl~ ~ of~~`~
~e•,:y and w~Mc.ut any compu,sion, constra~nt. apprehension, w feu of a from her said husband. - ~
2 ~ S t. J11ile - f. ~
~i WtTNE.`,5 my hand and off;c,al u.l th~L_ _ day oi - , ~
~ - 'nd-°1-- ~ . ~ _ "
r:o, y Publ~c .~d ro. oF .r ~.r ~
- fe~±! ,
My omm~u~on eapires: t ,
:
Ret~rn ro: - , _ . :;'+R h~.~`1+RiaC C .
f~rst iederal Savi.. s 8 loan As:ouat,o~ ~ ' ~ - . ' - . -1-~~
~ tM` . 'r : z' .r I 1~~ Stwi r .
Of f ~rt P ~:~r y
:;rNEAai ~~-~.:.i~....c.;hi-~~WZ:i~RS,iNC.
For~ ~•erce Fiv•.da
3 - ~ ~'f~ '
w This Instrument Prepared By Richard K. Kayes ~
-f~rst Federal Sav~ngs b loan Ass.xiation ~
of Fort Pierce~ Florida ~ R r~
`,p 800K 1a~ ~
Checked By L~ _ _ _ ~
- ~
- 1~ s j ~