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HomeMy WebLinkAbout2509 i ?o pl~c~ and u.nt~nuousl~ ?esp on the bw'd~nQs now a IwreairN Wtu+~~ on s•~d land ~nd on a!1 cq~ip~nrM ~~~d persa~a~ty <oveicd by th~s mor~9- ~g~. w~th all prrnuu~~.s ~hereo~ ps:d ~n fvll, fi~e inw~~nte :n ~hs ~swl fea~derd potKy lam. in • su,n aH~uo+cd b~ ~he MOR~GAGfE. and w~ndsram ~ns~rance in the ~iwl s+e~~drrd poLCy (a~„, in a sum ~pprOve(I by tht MORIGAGEE, in such canpany o~ ca~pan~as a ~M MORiGAGEE may " dnect; ~nd all Isr~ and w~nd~eo~m msurante pot:ues m any oi said bu~W~npa, any intereil Ihe~ain or parl thcreot, in Ihe apqr,,~ue wm ~ta~wid w in ~acesf Ihereof, shail contri~ ~he ~sval standa~d morlgsg~e ciauae ot futF~ o~hN claus~ ~s tM Mortyr~ee m~y requ~te. mak,rp !he iasf unde~ sa~d po1F c~es. e~ch a~d evr.y, p+~ab'e ro sr~d MORiGAGEE ~s it~ io~r~eal may appear, ~nd eacl, a~xl eve~y a..cl. po:.cy ~hall be promyely •u ynecl a~d d~livered ~o any held 6y said A~pRIGAGiE ~s (w~hc~ scc~r~ty to wid n,ori9~ge drbt. ~nd. oW less IMn ~en (101 days in aJ.aoce o( the e;Nu~ha~ ot eacA pot~cy. fp d~- 6.e. to sa~d MOQtG/1GEE a rr~~ewat tl,ereof, toy~e~Aer wiM a rece~pt ia ~he pra~iwn ol such .e~uwal; a~.d ~ne~e shail !x ~w I~re o. ~vi~~df~p~m iniura~nc~ pl~ced on• a~y of se~d bc~ld.~.g~, aoy in+rres~ the~em u pa~t ~hreo(, unless i~ ~he (orm a~~d wi+h the loss payobte a~ afwe~sid: a~d in the ~veol any avm of mo.,ey beconxs pay~ble v~xte~ s~cl+ poi~cy a polK~ss u~d AhORTGAGEE ahrll hwe ~M opt~on to rece~~e a~~cf a~,I~ rhe ia~t~r a? a~coum of the i~~duhecr!- ntls sKwpd hla~py M t0 perm~l fa~d A~RiC:AGQQ$ t0 fKe:ve ~~d ulf il p~ny ~1a~t Ihr:awf Iw O:h~~~ ~,~r~~~usoS. ..~'iiv~f th ~•.uf ws~v~ Or unp,{i~- ~~g anY eqv~ty, Lcn a•~yh~ un~r a by vir~ue o+ ~his mae~.?9e; and ~n ~Fw eve~,t ~;d MORiGAGGRS sh.+4 (o~ any rcaw~ fa~l ~o k.ep tlk NKI prlm~~es fp ~nwrrd, or ta~l to drhYCr p~o.nptfy ~ny ol sa~d potKics ol ~nsurance b sYd MORiGAGEE, or fa,i p+omp~ty ro H~ey lu~ly any pranw~n ~heretw or in aay rospect I~il ro pe~fwm, discharj~e, e~rcute, efteci, comµ;ete, canpiy w~~h ~nd ab~de by th~s cove~ant. a a~y pa:t h.reof, ss~d MORIGAGEE may pl~ce •~O pay ia iuch infursnce or a~iy part Ihereo( w~thout waivinp o~ affec~i+q aey opfion, tien, eq~~ty. w~:gh~ unJes a b~ v~rtur ot this Mor~~aflt. ~nd ~ht l~i1 i„w„ro o! e+ch and e.ery svch paynmm sh,?11 be ~rxned~aely dw and payaWe and s6a11 brar 'nteros~ irom tha date thereol u~i~il pald a~ ~M raN o~ ~~~~~e prr cr~~om ~x~ a~vw:+, a~wi ~o~e~h.v v.~:h suck :rorresr shati ue s.-:ured by the G~n o( t6~s ir:ort9age. 1. To permif. com~n~t or suffe~ no waste. impairmeM w deteriorstion of said propeaty p~ny psrt thereof. S. io p~y a~l and singular ~he costs, charges-and eapenses, includinp a reasonable ano~ney'~ (ce a.u1 coscs of abstraps o( title, i~cv~red w paid s~ en~ time by s.tid MORiGAGEE, bec..use a~n the evem of the fadure on ~he part of ~M said MORiGACaOR to dvly, p.w» puy a~+d f~tly pe~fo.~.~, d~xhsr4e. e,ec~te, elfec~, W:n~11pfl, CO^`FAy w~th and ab.de by each and every the st~pulat~ons, agreeme~ts, cw~d~uau, and core~rar,ts of sa~d prom~away no~e and ~h;a .norrg~e any or e~rher, a~x! sa.d tosts, thsrpea and eape~ses, eacA and e~e~y, shall be immrd~ete~~ dve and pay~b:e; whe~her p no~ d.ere be nonce de ma~d, atte~npt ro cot:ecf or s~i~ ~x+,d.ny; and ~he full anwun~ of each and eve?y wch payn,enr shall bea. in~eres+ f.om rhe dare tFKrcof u~ii1 paid at ti,e ~.~ec o< <une ~xr cenr~~r ~tr a~~nu:tr, a~u~ a11 aanl cosrs, cnarges ~nd e,eye~~us incwred or prid, togeiher w~th such in~e~rst, shall be sec~red by the I~en of Ihi~ ' mortyage. : c 6. Tha~ (a) ;n ~Ae event of any brrach of this Mwegaoe or defauh Qn ~he pa.t o( ~he tNORTGAGOR, or ;b) in ~M eveo~ any ot sa:d sums of money herein reF~rred to bc not pror..~•i!y a~d l~lly p,~d ~v~r;un th.rty (30) days nraf a!r•_r the sam. seve~ally Decane d:~e and payable, wi~lwvt dcrnand p not~te. . r;c) ;n thr event each a.,d e~rry ~he st~pu~anons, ag~eements, co~d~riais aod covenonts of sa,d pro~~.:swry nore ar.d ~h.s mo~tgage any w e~~hei •re nol i~~:y. W~mo+ly an:f f~f1 j ptrlor,nrd. d~xhargrd, execured. e(fec~ed. compteted. compl~ed w~th a~d ab~ded Sy, then in e~~he~ w sny wch event ~hs sa~d a~ ~•~gate sum mennened in sa.d prw~~~ssoa~ norr lixn rema~ning unpa~d, with intere3~ aarued, and s11 monrys setwcd horeb~, sFwll brton~e dut ~nd pay- eb.a fa~hw~th, w therraf~er, at the op+~oi+ of s»~d A108iGAGEE, as fully and comple~e~y as if sll ot t1,N sa~d aums o1 mc,ney were wgmatlY s~:puiated ie br pn:d on such d.:~, any~h~ng in sa d prom~uay nore or ia this Mo~tgage to the conna,y netwlibsiand,,,g: and ihr~evpon or ~hrreaftr a~ the opr~on of s.+•d MORiGAGEE, vrnheuf nonce or drmand, su~t at law or in equ~ty, thaefwe w thercaf~cr begun, may be prosetuted as if all moneys secured hereby ned matured ~u~w fo ~ts inaLtunon. 7, iha~ ~n tF.r e.em ftiar at ~he beginr.~ng of or at any Gme peed~ng a~y w~t upon rh7s Mwtgage. a ~o foreclose it, w~o refwm it, u to enfwc~ payrr+ent ol any c~.,~~ns he•eundrr. sa~d A!JRiGAGfE shalt apply to tl+z Covrt having ~~•nid,ct.on tAerrof fo~ the appo~ntment of • Retener, such Court shail Ferthwith appoim a r~e~ver of sa~d moregayed property atl and singular, :n~iod.~y a11 a~~d s~~~gu~ar ~he ir.co.ru, prof~ts, issues arsd re~en~s frWn whatever sou*ce darivri, each and evc~y of ~.hch. » bang eap~euly ~nders+ood. is hereby mortgagcd as if spec~f,~alty set forrh a~d descntxd io the y~anring ~nd h~bendvm ctsvses herroi, and such Rrte~rer thell Mvr al1 the 6road and eflechve funct.o~~s and powers io onyw~se entrusted by a Cou~t to a Receiver, •nd s.;h appointm¢m sh~f~ be ,vade b~ svch Co~it as an ad+nitfed equiry snd a matter of absotu?e right 1o said MOAiGAGEE, and withouf re(erence to the adcyvacy w inadeq~acy of tFk vatve of tF.e'properry mwrgaged or to ~he so~vency w msolvency of H~d MORfGAGOR p the defendants, and tha~ such •~~~rs, p~oi~!s, inco~ne, issves a.~d revenves shall be appt~ed by auch Receive~ accord~~~ to the i.en w equiry o1 sud NSORTGAGEE and the pract~ce o( such ; Court. ; B. io d~',v, prompr!y and fully perform, d~scharge, exK~te, effecf, compte~e, con,ply wi~h and ab~de by each and every the sfipulations, agreemeots. conditions and cov2nants .n sa~d prom~sswy note a~xl this mo~tgaqe xt lath. . 9. That in sF.e eve~t the ownersh;p ol th~ mortgaged pren,ise_, w any part the~eot, becomes vested in s peryon otiKr than fht MORTGAGpR, the h'3RTGAGEF, irs s~~ccess.xs ~r,d ass~gne, may, w~rhout nof~ce to the MORiGAOR, deal w~th svch successa w successor in iroe?est with reference to thn ~'o~+oage a~d sM: d-_ct he~rby secvred in ~he same manner Ds w~fh Morrgagw wrtl.put in any way vit.atiog or d~xhalg~rg the fAorsgagori -liabitity herr ~ :^dzr or ~pon che d•_bt i,erevy seci~red No sa:e oF the Frem.~sea hereby mo.tgaqed and no forbearance on the part oi the fAORiGAGEE a its successon o~ ar~gns a~d ~~o ex}e~a on of rhe f~me fe+ ihe paymene of the deb~ hereby secured given by the MORiGAGEf a its svccessors or au~gns, s~uli pperate ro ~Neaer, d.scharge, mod~fy ~hangr a affcct the aig~nal f;ab~Gfy of the NARTGAGOR herein, either in whote or.,in part. 3 10. It is spec~flca:~y agreed thet ti~,-e is of the esun~e of ~his con?r~t and that no waiver oI any ob::gaf~~n hrreundrr oi oi Ihe obfigatan sr cv•ed htreby sha:~ at amy ume tikrealTer be he!d to be a wa~ver of the terma htreo( o~ of the instrument srcured he.by. 1!. !n ,~;id c tl,r fwe:: ~:3 r• or,!H'y paym~nts uE princ ~a1 and ineeres+ requ~+ed by the prom.ssory nae s:cu~rd hereb{, mortgagor eove~ants _ ~ agr~es ro pay fe r--ur~gagAe „~,!h each n•enrh'y pair.ient an add,•~onal sum esnmated ol mortgig2t ro be equai ro! of f.`~e annval cosf of !he IollOw- A-A~i rca° ,~rope.:y ta:~~s ~e::~d or assess_~ agai~st thc above described real estate. ' B-F~;:- ..s oi f:•e a~?d :..^cisto~~„ ~nsuracce as here~n requ.red to be carned on the ~mproveme~+s s:ruate o~ t!r_~ above d:sr~bed premises. s C-~rc~r;uc-s o~ svch ma.~y,ge g~aranty ir.w~a+~ce as morrgagee sha~t lrom t~me ro ti~ne deem fit ro carry on the loan secured he~eby. i Mor~gag~ s•~a :o r,~:e nc:,t; ,nortyogor ;n wr~t~ng o! the amo.~nt d~e and payab~e herrunds and such sum sh~~1 th¢reupon be due and f .~~,ab!e on fh._ ,f„~- u~•e rr,e n~-,f •r.onth:y payment and each svccess~ve monrh thereaft~r ~r:ti~ mcrtgagee shail not:fy mo•+gagor of a chaoge in s~ch ~-.o~nt. $+,;h s.. ^s s ._e ar~-. «.d oy mortgagee towa+d the_payment of rea! prope~ty taxet, insurance prem.u~+s, a.,d mwtgage gvaranty insurante P'emiurtt~. • IN w ~E-~~ :.H;~;;?F ±r.e sa:d MORTGAGOR has hereunto xt his hand and sea! the day and year first aforesa~d_ ~ , Sea!ed a*~d delivt ed in t~e presence of: ~ ~ ~ ~a~~i~t n.,n ~ ~ ~ . alker } - cs~.n I ;`7~ E,~ . ; o.l~. (Se.~ tsllll@ TT-R ° - - ~s~,n ~ S~~iE OF FlOQIOA St. tucie u- • coutitr of _ ~ Before me personaiiy appeared Wi2bon E. Walker $~21~~ • Waiker his wife, to mc wcH known and known to me to b~ ihe ~nd;~idvs'.a desu~bed in and who e~ecutrd the foregoiny instrument, ~nd acknowledged before me that they eaecu+ed the aame for the purposes therein ~x~.~sky. ,4„a t~ ,,,a_ _ Billie 1. walker «~?e of the sa~d Wil~i E• We~1CeI' upon e sep~r~te ~nd privat~ -~am:n~Ken by me taie~ sepa•ate and apart fra~n her sa~d husband, ~cknowledget~ to and before me fhat she ~7tKUtlCI said instrument (reely ~<~d voJyrr !e.,~ y ind w~thovt any com~uiswn, co~stralnt, apprehens~ , or~fea~ of or from F~r said fi~sband. ~ `f~•lJ WITNESS my hend and offic~al seat th~a_ day of ul ~ A. 0. 19 71 ~ - ~ i ~ l. . - N tary Publir in and for the $da df,~jorida CI lar~- ' My Comm~sswn erpirea: ~~R. ~ s~• _ _ Reru~n io: - / a ~ _ , t i f~rst Feder~l Sa+~r.gs b loan Assoc~at~on . 3 ~ ~ r Of =a•r P 'C ~ . / . ` ,•f~, Fcrt G,:,:ce Fi...:jj ~s ' - ~ ' ' 1 ~ 1 `~U4~ . This Instrument Prepared By Riehard K. Kayes ' F~rst Federal Savings b loan Association ?IL[D ANO RECpR[• • of Fort Pierce t Rlorid~? sT !UClE ~OUM11? ~LA. ROCER POfTRAf - - CIERK CIR~UIT C01{At Checked By ~ _ _ IIEC4R0 YEP.IiIED~...,.~.,. J~ 9 1 09 PM'1~ " " 1y3 2~07 d0?~r