HomeMy WebLinkAbout1334 3. To p!.+ce .~"d ro~,t~n„e.~~y cp cn ;he 6.~ 3s :~~.v or F,c.rafrer s~~ ~te en s.,~d ~.~~~d r:d cn aC ~~q..F: nent a~:d ~,zrsor~illy coverrd by th~s mw
a9e. wfh ail pre~i.wn~i thcreon E.~d ~n ful, f~rc ~~~5;~:...~ ~n u~c ~s~e~ s'a~~J~rd Ho':cy fonn, in a~.:n o~r~~:ed by ihe MuR~v..vtE. and w~ndi~o
ns~rance i~ the us..ai sta~;de~d pol.ty to~:n, in j w•n .,~{~~o.cd I,y ~ht h~.iRTGAGEE, in such co~~~Ya~~/ ot tu~~'~ an:es as the :'CITGAGEE m
d recT; and a~l fire a~:d x n;ls~ur~n ins~rancc po:~c~cs on any of sa~J bu~:d ngs, any inrerest thr~em or pa~f th~~reof. in the ay9~rgare su~n aturesa~d
~n exc~~ss ihirNf, Sh~ll c~r.t.~in the ~s,.:~ sra dud ~no-~~~g~e c:a~se or :~ch o~her c!a~se as the Mortgagee rnay rrqu.ce, mal.mg the wss unJr~ s~~d po
..es, each and evcry. pa,::b'e to sa~d .~tOR?:,4GEE as .ts n,~_•r~•u n,ay apprar, and cach and ever~ s~cA pu ,t/ s~~~1i be pron,Nt~y au g,~rd and da~~+ered ~
any held by sa:d A`ORIGAG~E as furih:r :~.~rir~ ro s~~il ~ t~+~r d~u~, a~iJ, not !eis ~han een 1101 days u~ ~d•ence of thr exp~~~t.on of rach po~~cy. ~o d~
~,.er to svid A~ORTGr`.G:E a reri•v:a~ tt:~rrof, to~e~i~rr ~r..ci~ a r~tr•~.~ tor the prr~~uum of wch re~~c.va:; o:~d there shei~ bz no Lre or w~~~Jsta~n insuranc
~ Iaced on any of sa;J b~!'.d~~:gs, a~y i~~r, r~st ti,rre,n or i.a~i ~~~er~oi, un'~ss ~n ~he iorm a~.d w~rh tl~e ~css payab!e as afcress~d; end ~n ~he r.ent any sun
of money becomas pnyabie w,d.•r s:.ch ~o:IcY or po!,c~es se:d ,V,JRiG;.GEt ih.~il ha~e ihr o~.!.un to rec.~:e ..~,d apF,ly tnr sa~ne o~ acio~:~t of the indrbf.d
r.ess seo..red hercby or ro pern,n s3 d ~1c~RivAGORS ro rcc: ~ve anJ ~se it w any ;.•r u~• :~•~i tc.r c:". r i.~r; s. .,,~r,o, t rh ~~,pa~r
;ng any equ,ty, i:en or .~yht under or ~y wrtur of th~s n,or'~.;ge; ar,d m the evrr~t s.~ d A10RT„AGORS sh~!I tor any rcason {ail to k~ep tl:e sa~d p~emisas so
,nsu:~•d, or foil to d_:~~er pron~t~~iy a~~y of s~~d {wl:c~_t of ~~:sursnCe to sa.d h'.ORTGAGEE. or t,.~: ~;:c:~~~.!ly tc pay iu!ty any pr:•r.~~~n the~efor or ~n a.^•Y
respeCt ~ai! t0 perform, d~iCi~„r~e, exc~i~re, eftecf. to~~~f•lct~. Ca:~,piy with and dJ:CJY by th~l Covenent, Gr any p.irt h.~eut, S.+~d rr,oR1~~G.f ~»ay p~~d[2 e~~.0
p~y for wch insur.;nce o~ any part fhu~euf ,ti~ihe~~ v~a~,~~ng or afir,i~~~g any opt;c,n, i~en, equ.ry, or nght u~~.Jer or by v~.r~e of :h~s ~~~ortgage, and ihe
f„'V a,no~ro oi each and e.ery such poyn:~~nt she;l L~• r~.nrd~~!~ty d~e a~~d {ayable and sha:I bear inr~rrst fror.i ih~ d~re thcreof un~~l p„~d at ~he rate o1
~.;e pcr c_nwm pcr a~:n~:n ,,:~J t.:~,•~i~:r ,nr.h suu~ 6~ra~.:sr s1~,,~~ s~•:..r.,;i b~ the lien of th~s mortg3ge.
3. To permit, commit w s~ifer no waste, in~pa~rment or d~•~enurat:on ot sa~d property or any parl thereof.
5. To pay all and s1.,~ular fhe ces~s, charc~es and e~F~e~nes, ~n:l~d~ng a ~e.isonable arrorne~•'s ree and cos~s of abstracts o( t~t1e, incurred or pa~d at
~~y tin~e by s.~~d MOR(GAG:E. beca~se or in the e.•rnt of ~nF fa.iurr on the oart oF the said MORTGAGrJR to d~ly, pro~n~,•t~y and {u;ly perform, d~scharge
_.ecure, efiea, co~np.e~e, co r~:p•.y w~~h a~ d ab de bv each a~:d e•:ery ~he st~pu,a~~cns, agr~~~n:~~nts, co~~d~s~ons, and cove~~anis of sa~d pro:n~ssory note a~~d ~h~s
-~ortgage any or e~~h~~r, a~:d sa d cusu, chargas a~:d rapens~s, each ar.d vvery, s~all Fx inun..•d~ate'y duc and payab.e; v~hr~Fer or not there be nonce dr
~~,e~~d, atte~~~pt to co:~ecr or s~rt p~nd ~:g; and ~he tui: o~r.c~nt oi ao_h and e~rry s~:h E,aymrnl sh~I; nra~ inTerrsr from the date thereof until pa~d a~ the
- c o~ n~ne uer c•n:un . : a:i ;.,id ccsrs. c'r.a:grs a•~.i r~ ~,s :r.t~:red or pa~d, ~ogether ~v,th wth ~nte~est, shall be Secured by the iien ol th~s
~~or;gage.
6. That (a} in the event oi any brrach of th~s ~1lorrgage or d='autt on ti» pr.t of ihe A'.ORiG~GOR, or ,b) in the eveM any of sa'd sums of money
t~~rein .eferred to be not prc~n~.•:y ~nd iu.~/ p~~d ~+~'!~~n tn.rty ~3J' .1e~s r:e.! e't~ r the sa ~~e se.c~e ty i.eco ~:e d~e and payob'e, withu~l de~»a~d Or not~[t,
in the event e~ch and every the s!:p~:a'~v~u, a~r~~e:oenrs, co• cir~c~s and covenanes o! sa d p~ornisscry ~ote and th s mor~gage any or e~ther are not
~.;:y, pro~nptiy ard tu~~,y per~onned, ds:har~~„i ex~cuted, eT+e:red, ce•npleted. compi~ed .•.nh acd ab~d~d 5y, then ~n e.ther or any such eve~t the sa~~ ag-
yate sum ment~oned in sa~C~ ,L"C'1:~SSO~y n~'•. it~~n re~na~ning ~~~;~a:d .v~:h ~ntcr~-;t aco::rd. end o:l mor.~,s secu~ed herr6y, shall becor,~e due and pay-
.e for.hwrth, o~ there:~jter, at rhe c~~~,o:~ cf i..,i ^AJRiGAvEF, aa fu.~y and com~:e~r:y as i~ a.i oF t:~~ s3~d s~ns cf ineney were or~gma:ty st:pu.a~ed
be ~.a d on such d-y, anrthln~ ~n s.~ d Fv: n.ssory ncte or ~n iius :!o•tga~•~ to th: comrary nor.vnhsta•,d..,y; and the~e~pon or thereafrer at ine opt~on of
;_f .h'~.ORTGAGEE, wnhe~t nor,ce or aevT~an~, s~~! at ;aw o: in eq~nty, ti~ereiure or tiierrai~rr begun, n~ay be prosecwed as if a11 moneys seeured hereby
d mat~r_d pr:or to ~ts ~nsi~tut~un.
! 7. Tnat ~n th, c~e~~t ~h:~t a~ rhr 6-=yfnn ng cf or ar an~ r~r,e pe~~du-g a~y sr:t i~Fon ih~s Me~tgage, or to foredcse it, o~ to reform it, or to enforce
i ,.:~nent ef any c'o..•~s h~~~ew:de., sa;d :1J2T;,:.~a`_`. si~a,• ~F;.'y ro thz- Co..:t ha:n g{~~•s:f c'.oti ti,rr<ot fer the appo.mmem of a Receiver, such ~eurt shail
! ~~h~~~rh a: e~nt a rece:vrr of ;,:d r,.ortc d rep~:~r al; a:ed sin ar, inc.~:i a~~d s:~~ ~,,.er n:e ~:~co~r:e. p•of~fs, issues a+~d reven~es lrom whatever
- F. J°9~' F ~ 3u, ng ~ y
~•ce drn:ed, eech ard e.ery ei ch, rt be•~ y ex::~•_s;'v ~~ndrrsro:.i ~s her_t~~ mrrg i~_d as ~i stec i~ta.~y set forth and descr~brd in the grennng ar.d
} endurn ra~ses hereot, a~d scch Rece~.er sna:+ ha.r a~t tn~ ur~;d a~ d etict±::e f~~.:~ c~s a~~d po.+ers in anyw~se eevusted by a Cou•t to a Reeei~er, and
~s ~,h. appoin!r:ent sh3~,; cr n~.adr or such ~c.,~t as 3•i ad ~~~ft~d ~~qa:T~ ar~d n~a!`er cf a~~sv:~~Te r.gM to sa~d t:,ORTGaGEE, and w~rho~t rtference to the
~ ;,q,,cy or ,~adrq.;ac; oi the va;~e of the prof,r~ty rr.urf9~9ed or to cne so..r~~:y cr ~nso,.ency of sa~d MORiGAGOR a the defe~:dants, a+~d that sueh
•-+s, ~rot:1s, ~nce.ne, .sw~: ar.d re~e~:~es si,a~i oe apr~~ed cy s•~ch Re:.•~.er a:,oru.~:g ro ~F.e ~~en or eqwr~ o( sa~d MORiGAGEE ar.d :he praaice of such
; Court.
- 8. To d~'v. F~~"~~'~t ~^d f,;' y pe~'o•~:. ds:harge, exec.:rr, efrect, co•~plere, co-~~; •~:+h and ab~de by each and every the stipv+ations, agreemeNS.
s
__!:d~tiCnS and cJ~:c'nanis d~rJn;:s>ti'y nU2 dnc~ t:~ s r.~.~~rt3dJ•' S-_t fo•!h -
- 9. That in ihe e.c ,r :h~ cf.r.~•rsh!F: o{ th~ ~r,ort}-?ed Fre:~, ses, c~ a~,,~ p3rr the!ecf. k:ecomes vested in a pe,-son otfier than tFe MORTGAGOR, the
:'~RTGAGE: ih scco~ss.;~s ard ass. ma v.~~ho., r~'::e ro tt~e :'.vCT'~"OR, dea. a:~h s:,:h sutcessor or si.ttessor ~n ;nterest v~ith reterrnce to th~s
a"5, ~
_ o~t~age and fhe d~-ci r~ t.y s~ .,.~ed ~n rne sa r~~•. ~~r as v. h „r~~ago• ~,~h~ur ~n any ~ve~• v~t,dt~n9 or d sc~~a~g~ng the ~.lorrgagors' Gao~i~ty her~
.~der or upon ~he c~~it n,:re~r s_:u~:± No s3~ 04 tt:r F-•~- s•s h~.~by ~rc~ry,grd a~d r.o fc:t•eera~ce on the Fart oF tl~e /,10RTGAGEE o• its successors
ass~g~~s and ^o ex~~~~s,on of ~he +._e ie ;r~ Fa~~~~r-~* oi ~~r. arb~ ne~e:y src~rad g::en by tne f.+.ORTGAVEE er ns wccessors or assgns, ,hail operate
- ~ re~ease, d sc<<arge. ~•'.cd~f~ c~:a~ g? or a'iect the cr:~.~,.:! :,__..,.r~ ot tne G;G&7v.4GJR F,ere:n, either in v~hoie o~ in part.
~ 10. It ~s se~_ci!c:;~•r aa•eed thar t~,~e is of !F:e: ess~ :ce ef th~s co~,tracs a~~d that ro wa~ver of a~y ob';gar~on here~nder or of ihe ob!igation s~
.~~ed hereby sha . a1 an~ t~:• e tn~r~atrcr be h~ d t~ be a~vo .er ot th~ tr. c.s hereof or of the i~u:ru~nent sew~ed hrrby.
11. i,; .-.i:. .r ; •o r . ~ ~ . . ,.,~s ; ~ , a•,d _ , s~ r.:i try r.~e ~~'e•:, s~cry n: s,currd herrbi, morlga3or eovenanis
e~r_~s to r~~,_~•__ .h :_.r • ~ 1 ar. .,,:,3: s,~^~ ~~:f E,: n~c•t~~.aee ie br eq.a to 1 12 ot ~:ie an:,uai cost of the foiiow-
A--A'~ tal ~.rop.. , t3,,s as,~ , s• r~_ d~u, ..~1 ,:.r es-ar...
t; o p,_. r_^s o~ f•,• a~~ci .,cis. ~rs_ ~s ,;;red ro b~~ cz•.~• d e•, t.: •.~ro~e•nc.i~s s:n~at~ on rhe above d_~v:::ed prem~ses.
; ~ . p._...,:.. • s o, cF. „ -~e 3.,a.;,..~ _e ~s ~•.~•ra ~a-.z 5~3 ; ••.a , . e d~ ~ 1!t to carry on the Ioan sec.,red herebY-
N~.pr!3agee 5'':: ~~-o:,, ~.e .~~..r~ .•.~.rty_g'=' ~n v:nt:rg of the a...o._~e d_e and peyat~',e hereundat c•~d suth su•n 5ha~1 tni~reupon be C~ue dnd
~.„k,'~ on r~~ c.: • o,n.. , t a~j ~~c~ s;co~~s;Je •u t~, <afr.. ,.icrTga~ee sha'i r.o'.fy r~ortga7or ot a thange in such
Su.h s~r,z s; a.,_ ,_d•c~ n._.•ysy d tr~.~ F,a,^e;;t ot re,l c,r.,~,e~:r !jxes, ~ns~ra;ce prerr..u~rs. d~tf mort~a~a gun•a~ity ins~ran.e
~:'i ..~u~ns.
-i IV ::I?"J;SS :.H;R~Of th~~ sa~d 1.1 Ti,:.vCt hzs here~~.?o set h~s har ~ a•:A se~l rho day and yEar f~ st aforesa~d.
_S $ d, aled an de' ed ' e presence of: ~
-3 ~Z. ~ ~i,~("• •yf ~ ts~ai>
i~gu E
- ts~aq
- - ~ ~ cs~an
_ - - - - - u rey o~ie
- - - - - - - tsee~)
~Y
' c-:.Tc OF FLORIDA ~
: JuNTY OF St.--L.i3Cle 1 SS.
; Befcre me penenai:y appeared Cl lf tOII t~OCJlle snd
-
- -
Audre • PO e _ h~s wife, to me well kno.vn and known to me to be
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•F,c ir~d„rld~a's desu:c~d ~n a~~d nho execvted the forrgo:. g inurument, ar.d acknov.iedged before me that ti:ey exewted the same fo~ the p~rposes
- Auc're J .
~!:o,e~n exp~essed. And !ne ss d - _ _ _ - - - ---Y- - -PO~C Ll@
- ` Clifton Po e
~IFe of :h. sa;d _ - - - - - - - - - - - - , upon • separafe and piiwtt
- ~.am;ra•.cn b~ R.r t3•en sc; ,~ore and ~c~•t fr~,-~ hrr sa d h~si:~:~d, acK~~or.led~ed ro a~d bef~.e me that she execu'ed sa:d instr~ltneM fr~eiy ~nC~ vOlun-
j ~a~, ~ a~ d w ri.ov~ a~~y co : r_~'s:on. c.; ,s'r.i~:`i, a~.cr~hens o. r fear cf or from he~ sa~d h~sband.
4 LYIi.`::SS n,y ha-,d r;d e",: a` sea~ rh s _ djy ef tober ti a ~y 71
=.F r-I
_ _ _ _ . - L.e~G~.~ "
_ Nctary P~b!~c in and for the j1/to- w F~ rg~
- h1y Comm~ss+on expires: ~ ` ~
- Rr•..~n To. ~
f.rs! fed~••a! Se.: ~s 6 lo~., Ass _ . ~
f {LED AM~ RECORDE~
_ " ' St. lUC3F COUMTr f l ~ '
. ~ ~ _ ROGFF ?~~~tRAS 1 ~
CIERR c~rtCUlt COURT
_ - ItECORD VER~FIED.~...~~
_ 7h.s In=+r~r~e~~t Prepared By RiChatd K. Kayes ~T15 3~8
_ F~rst federsi Sav~ng; & lc3n Assoc~at:on
ef Fort P~erce~ F10rida
! a3(7`t
Checke - - . - - _ _ B{1R/ ~~6 PACE1334
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