HomeMy WebLinkAbout2653 3. To plece and co+~~in~cwsiy ~erp a+ ~he tw~:.fing} now w herceite~ s~tuate on sa[d Isnd and ~m at~ oqo~p~»rro o,~J pcno.~a!ly co~rreti by thi~ mweg.
wg~. >.:~h •U ~ar•~au~~,f rr,~rron • ~ d ~n iuN. I~~e ~nw~~nte
~n ~he u~.,at ate~derJ po~~cy iorm, m a~~.n aHpeu.eJ by ~Iw MOR~v:.GEE. a~ d w:.xlstwm
~nwr~nce m tha uiwt s+,ndud ~•o:.cy fo~~n, in a wm ~NF'~ru~rd Ly the A1pR1GAGEf. io wcfi ca~,pa~~y o~ con,i>a~i.ef as ~he AtiURiGAGfE a+ay
d~rec~; ~~d all lue a~~.~ w, .Jawnn ~nsu~a~ce pot~c.rs un a~y o( a~~d bu~id.n,ys, any in~errs~ Iherr~n ur ~;ar~ thc~eof, in the a99ragetr afwetaid a
in e~cc~s ~hrrcvi, sh.+li cont.~n r~~r ~susl s~r~~d ~d mweua}~ c~~use a~uch e~he~ c~ause ~s the Mo~~yayee may irqu.re. n'.el~ng il.,~ :oss ~~~Ja a~.d poli-
c~es, each a~.d rvr.v. I~y.:b'e ro s~~d .~1uRiGAGEE as rtt nverost may appe.u, ~nt! each uk! erery svch ~v:~cy s1•rIi ba~ pron,p+iy afs g~~rd e~~d dr:~ve~ed ~o
•ny hrld hy sa~d 1dOR'•GAi~tE u(u,~hrr src.~nt~ ~o s.+~d ?:o.~~e~e deb~. and. not Iess Nwe ~en l~~l d+ys u~ ~d.~~~ce of ~F~.~ es~~~ronon o1 each pofcy. to da-
l~~er ro s.ud A10RTG\Glf a re~.r.++l tiw•rrof, toye~he~ ~~~th e rrCe~p~ fW the prrm~um o~ such ren~v~~!: o:~J It~.~e shaL' br no Lro o~ .r::'Jtto~m ~ns~~ance
pta:ad on a~y oi ti~.d b~~'d~•=~s, anY u~tr+cst the~e,n or Fui~ th,~.ro1, u~irss in the (o~m end vruh ~he loss parable as a!wcsaid; and in ~he e.enl eny fum
01 nwney brca~us pa~ab;r vnclrr s~•ch oobcY a pLl~cw~s sa~d MOKIGAGft ah~li have ~hr oNr.on ~o rec..•~ve .,~~d oi~~ Ey ei~c s.,«e w~ eccw:v o( the n~dabtrd
ness ircured htreby d to ~+crr.~~t a~~d lNORIGAGt)RS 10 ~eCt~~e a~~ us~ it O: ~~ty part li~r:rol ior eti~,.r +.~r: ~tci. ..~t•;,,.,t tli ~ ~t rn~~..~+.
~na~ a+~y eq~•ty. I:M a~ ~•~nt v~~.3r~ o+ by virt~e o1 th~s mo"y.+ge; a~~d in Iha event sad MORTGAGORS she!1 for any rca~on f~it to kecp ~hc sa~d p+emisas s0
inaured. M fetl f0 deLva~ p~.Hnptly any ol sdid pOl~~~rs 01 ~nSU~ance f0 s~:d MORiGAGEE, Or lo~i promptly 10 {~ay f~.iy ei~y ~,rv~•~•~~n thrrc~o~ W in a^Y
resprct fa~l ro~x~~~~n, ds.'u~~e, execwe. e~F~ct, cumptrtr. co~npty wi~h and ah~de by th~s cov.na~t. a any p..r~ h~•rn~(, s.,~d MORtG.~GiE nuy p~~ce a~~o
pey lo~ sucA insurance or ~ny pa-t ~he:eof vv,ehout weiv~~.g « eifec~iru~ any opt~on. tie~. eq~.~y, w ngM u.+,fer a b~ v~,t~e of tl,~a Alorrgage. aMl ~he
f~ll anwvnt oi r.:n a+~d e.c~y s~ch pa~.nrro sha1l be ~m~ncdiately d.,e a~xl payable a~~d shs~l brar interas+ froo. thu drte tlKreol v~~~~l po+d •t Iha ~+~e of
re~ne per crnr~m per ~~:n;.:~~ ,.~J ~,,i:•~hcr v,~rh such r.~~e:cst ~hau :,r s~•.ured by the 6en of ?h~s mortgagc. •
1. io pctmit, ta~~~nit a wtfer no weste, isnpOnmrnt a dttrnorenun of said p~operty w a~y part ~hrr..~o~.
5. To p~y at{ and s~~9~~~ar t^e coats, chargcs ~nd e.~x~isra, inciud~~g a rresai~ble ano~nry's fee •~~;d cci~s of abe~r..cts of I~t.e, mc~r.rd or pa~d s~
~ny n~r:P by s.~~d MORIGAC>`E, be.+~sr a m~I,e event o~ N~r tr~iwe or~ the pa~t of the sa~d ~11ORTGAGOR ~o d~iy, pru~~+~:i~y a~~d Iv:ly Haiform, d~scFa+rge.
;.r:uta. lf~K1. CtinN:rlC. COmF.!y ..,~h a~~d abdr by e.+.h ar.d rv.ry ~he a~~pvfa~~w~s. agrrc:,~.nis. co~~d~t~ons. and co~e~~a~,+s of s.,~d ~;:r,:.~:,su~~ nore e.,d ~h~~
r.~rtg,ye any o~ eahcr. •nd a., d cos~s, ihaiqra a~~d eiprnsrs, rach •nd every, shs~t b! imne~d~eMly due and }aY~,l;:r; whr+her w not +h~•re !x no~~cc d~
:end, attr ro ca:rct er s: it Fk~~.: n,3: and the f~l! an:ovr.t .1 each a:~d e~ery s~ch pa~mrN shafi bea~ ;m.~r<st irom the dat~ the~roi wuil pa~d a? the
,•~~:~~r rrr c.~ns„n; ~ er m,.a ai, ae..f cosn. ci~a:~~s a•~d cx;:.:~:ses ~ntv~eed w W.+~d. ~oy~t}u~ w.~h w~k ~nsc~cat. ~h„~: be secured by ~he i~en OI Ih~~
mort9~ge.
O. lhat (a! ~n ~h~- r~rnt of ary b,rach of ~h~s AI1or~gsge o~ defe~:r on tt:r part of the A!URTG~GQR, o. ;t.) ~n ~he rvrn~ any o} sa d wms of money
h~~rein re'..rrn~ ro Ge ~,~T }~ro•~i.r:y a~::i p~:d ~.~+i,in th.~t~~ ;iJ) d.+~s nexf a'~rr thn s.~•ne :e~rra:t~ beco•~~e d..e and peyeble. wniwu~ de•nand or not~ce.
cr id in ~hr ~••r~r e_xh and r.ery fhr sKN„ d:~Jnl. d3~CY~11C~11f. CJ~~tI~'~O~~S a~xi co~enan» of sa d pro~~~~ssu:v ~w~e e~~J t1,.s nwrtgaye any o~ e~~hcr are no1
pro:.,~~~y a~.i f~'~y ::rrfwm~d. dx~~a~g•_d ecat~tad, effc:ted. tompletrd, tompiied wrth arxl ab•d~~d 5y, ~1~en r.thrr w any svch evem the sa~d ag
a•a`3ere ~um mrn!..~:eac? i:~ id4~ pro~n~sa.:..'y n.:!r then re~nd:mny ur.~a~(~. w~l!~ inlrrr:! acc~.~ed, end i*tG~+c~S irCured herrk`Y, ah~tt betome dve •nd PAy
ene forth~n~'h er ti:.,rc•a`rer, ar the .e~•:c~ ~.t s.~.d ~1~R1GAGfE. as f~iiy a~d compleTe~y as ~1 ai! ~F:~• s„d sums ol r.wnay WC7~ o~~g~neily st~po:a~ed
,c hr F:ad w~ s~.h .1... .,r~~fh~•:g m s_+d prr~~.ssary norc w m ~h~a tlwtga~r to the coni~ary no~...rhn~a•,d.•~y, a~~d ~h~•rc~NOn o. tF,~reat~er st the op~~o~ of
s.~.d M~`RTGAGEE. v..•r:.~+ roT,.r c~ ar~n.+nd, s_~rt a~ law or in rqudy, ~hrrefore o. t?w~rai~r. txy~n, n.ay be proatcu~cd as ~f a:l moz~eys secwed hereby
n~d matured pc:or to ~s ~:~st~'~t:on.
7, Thaf in thc r.ent i~~,+r e: ri,e bry~~~ ng of w ~t any t~me pendi~~g any su~t upon this Mu~rgage, or io rwectose it, or to ~eform it, w to enForce
payme~T of anv :'-+•^*s ?~.••r~ ~d~~•. sa+d AtJR7~,AG'E s~+ali app!y to the Covrt havmg ~~n~d.ct.o~~ ther,;of tw 1hr apNo•ntment ol r Rete~ve~, s~ch ~ou~t ahall
f;;r~t~.~~rh appc.n~ ~.<-.r.~r~ 01 s~•.i -+~o~ry.iy d p~oor~ty a11 and siryu:ar, inc~~id ng ,i.i and i~nq~~ar r.:e ~r.cu•~ir, protus, usues and rr.•r~~vrs fro~~ whatever
s: •.,•.e e~rr~ved e.•:h a~.d o! ..f~;h. ~i ?:e~~.g erpresrY u~u4~s~w.~ci. ~s he~Fby me.rq~qrd as ~f spec~f,ca;:y se~ fo~rh and descr~bed m the g~anr~ng and
h.~~~¢r.~~.•~ ra.,srs ~rrrof, and su:h Rrca~.er sheil hav. a+l t ~ brcad a~~d efFecr,ve funtt o~~s end pawers ~n anyw~se entr~sted by s Co~rt to a Recr~rer, a~~d
s_,i~ iY~~~m7mrn! s~,~~ tti ~.~~de oy such Ceun as an ed~~~~rd rqu~ty and a~*+aner of abso~u : r.ght t~ sa~d Mi~iGAGEE, and w~tl~c~t referr~ce ro the
~.f~y,;,cy or ~nidey.,acy of th~ vai~e of thc pr--y~rty mortgagcd or to the so.vrncy or ,nso:.rncy of sa~d MORiGAGOR a the detr~dants, a~d thaf suth
re~~rs, pr~t:ts, in:o:•:e, ~sw~~s a~*c! re~enves sha~i be ap~:~ed by s~.ch Recr~ver accord.ng eo the iien or equity of sa~d MJRTGAGEE and the p~act~ce of such
•CovA. - '
8. To d.~'y, p~~'*~{T~Y and fu:~y pe~~orm, dncharge, execu+r, eifect, compiefe, comply w;rh ~nd abede by each and every the stipuiations, agrKmentt,
;,nd~tions and c.~.r~a=~~n ~n sa~d pro:Tnssa•r note and th.s ~r~orrgage srt rorth.
9. ihat ~he eve~t +hc ow~e~sh:r of thr marr3aged prem~ses, w any part rhereof, 6ecomes vested in a person o~Fxr than the MORiGAGOR, the
:'.JR:GAGEf, ~ts su<crsso~s and an•yns ~~+ay, w~thout no~~ce ~o rhe ~10RTGAOR, deai wrth such s~ccesso~ or wccessor m~nterest w~th reference to this
~ o•~gage a~-d rtic d: hcreby sec~~rd i. rhe sa~*~r manner as w~th Mortgagor v~•ohout in any w~y vit.a~~r.g o~ d:x!~arg~ng the /.lcrrgagori liabd~ty herr
,r3e* or u~~cn 'he drer h..:re, s~ci~ed 1Vo s~:r ol ti.e F*e~~•.aes h~-reby morrgaged ar.d no fo:bearance on the part of the /1pRil;AGEE or its succesw~s
c. ass.gns a-~.~. ^o ea~e^s~ur, o! thr r::r~ io~ thr paymem of tne debt her~~y secured g~ven by tlx «ORiGAGE~ or its successors w ass:gns, shall operase
ro re~ease, d.scha~ge, mod~fy changr or atfrct the origmal I.au:i=tr of the MORTGAGOR here~n, e~ther ~n who~e o~ in part.
10. It ~s sFecf~ca~iy ag•red thae ti~~e is of the esserce of eh~s contract and that no wa~ver ol any ob"ganon here~nde~ w of Ihe ob:igatan se-
c~;.ed hereby shai: at any nme rna.ea`rer be held to be a wa~.er of rhe te~ms hereof or of the instr~mem tecured htrby. -
I l_ i-. ~dc t ro - - ~ ~r.rh'v ~%~V!T'''^~S of ~,.i:~c aal a~d inrrrest requ~~ed by the p+o+r. ss.:ry no'c s~:urrd ~.e+ab:. mo•tgagor covenants
aa~:tis •e ~a~ *o ~ ey_c +h ~each ~r.ar,~h y;~i~~ r:+t an add:~~ona: wm rs! n ared bt mo•tg~gre to be eq:,ai to 1, i2 oi r1~e an::~al cost of the fo~iow-
3.
A---.. -~a .~cr: . ~s ~e::~=d c~ assrss~~o og:.~~~•s• t~,c aco.•r desc.:~b;--d r:al e>+ate.
B F:: ,~r d,..:~ds~or•n +r.surarce as he:~~:~: •egv;r>d to be carned on ~hN :m~rcvemenrs s~t~ate on th_ abeye d~scr~bed prer»]ses.
C--Pre-._ ~s . ~c^ ~_~_r gca~a~~•y ~~SLfd'.;@ 3s •-~e•rgayce sna1; f.cn- eme to ti•ne dee:s+ fit to cany on the toan sec~:ed he:eby.
~ ~lo~r~ a' s• e r~ r•••e mc :,~ge• n~nn*.ng of the 3~~-o~~t d~~ and parabte hereu:ul.r~ ar~d wch sv~~ sha:t f~crc,rt~n be due and
....ah'e on r.-. G • '~t' ^:J'Nh.~ 3! a•,d esch s~ccPSS~ve :ro^:h there~ft_r uct~; mcrtgiqee sha!# no'.fy r~ortya~ar of ~ changr in such
_ Sctn s.~~ s s ~ :~e a~. ~ecJ hy ~nor!3.~g~~e ~oward ti,e payrr.ent of real pre~~err~ ta,~es, inwra:xe p*em.u:ns, a~•d mcrtyage gua.anty insurante
•e^,;u.rs. ' -
t\ t?`.E:: n; -•e sa~d N10RTi,AvCR has hereunto xt his har.d arv! seal the day and year ,,,///fint aforesaid.
Sgned, Seaied a:o~e:~vered n the p~esence of:
~ (S'+4
. ~,n
-
' - -~C.~- ~°-f _~-C n~ ~ csNn
~ 'r !e t~ - ~Sea!)
.
;"AiE O~ FIORlDA - ~
5? . LUG I6
~~u~rr oF
Befwe ~*+e persona:lY aa,ez.ed Slle A. C:~111d5 - a~d
_~Elender CblldS h~s w~ie. to me well known a~d 4~awn to me to ba
t~a ~r.d,w~d~a:a deic~.ced in ar.d who exew~ed the ~wegoing inst~ument, and acknow:ed9ed befwe me that they exewted the seme }or the pu+poxf
~~>.o;,, ,x~..«s<~. A~.a ~~K :~:d _ Elender Childs -
+..je of th. sa~d - - ~SI1Q-A~-~I11d5 - - ~~n e sepa~ale and priwt~
e•j~+-nj~~or, hY r. t3:_:n se~a~~t. a~d ac~~r~ frc^~ her sa~d husband. at4nowledged ~o •nd before me tAat stie e~ecuted sa+d instr~rieM !rellr ~r?A vOlun-
~a•.+y ard ,n tnovt any co' ;..,:s.on. cC's'ra~nt, eFFren ny.~n, or fear of or from her sa~d hosband_ r
~VITtiFSS my ha~d r^d c~f:c sea; th;s --~-t - da? - "Ltll]/ - - A. _ 19~
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~
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No~-~~~ a~d (or =5 :of Fiorid~r at tsrys _ _ _
~M1~ ~OmmqSwn lxyirr~: . ' : -
Rerrn to _
AOTA^Y a~'c~i_;C STa7F Qc FIOC;jlir•4T ~ AQ^~ ~
F:ra? Federal Sa.~-•gs 6 Loa~i Aswc:3!.o~ MY l'f".~.~:;:5'f;~~ EXPiI.°_'S t.1;"t ~'j~~
: • = • GENcRAI IN;UR/0.NCE UNDER1t:Z{jER~,?~C,
- Fo~r i~....., c _ i. . ~
212132 3-~ S
Th;s Instrument Prepared By •~ohn W. Collins f ~EO ANO af~ay F~~,
First Federal Sav~ngs 8 Loan Association _~~•~~'~~p
pp,~~AS
of fost P~erce , Florida 110CE
' CiE~R C~ACUIt COURt
IIECOaO VEa1f1ED~•+~'~
C!-~ecked BY ra~ - . - - - -
~1t, ~Z ~I 00 ~~Z I y_
~ ly3 26~ _ ~'-~Y,. .
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