HomeMy WebLinkAbout1377 3. To ~ii.fCr d~K~ COnhnu.:.s'y Cn 'nc i.., ....:15 O~ tc ._.~!:cr St~dte On S,,:c~ :.ir.C~ d~'~ Jn d!. rc~_,;F •~ent d`C~ Pr~1Jr,d~ly coverrd by thls m0f
e3e. w~,eh ail prr:~~:~~~,s tt.._~:~~n d~n i, t•i ~~;s.~+~ ae, ._i~.J H:, fo~ni, in a 5~„•u s~.pr~rcd br tt~~ ~~iJk~v.~C,tE. a~~d ~~•~Jsto
.~~.suran:t in the us~~! s.~ ,~.f.~rd ~~..cy u~ a e.~ ~.,.~d t~.~ 1he 'L\ RTGAvtE. ~n s~,i~ Cc.,•F.o~~y or co~+~, en.es at tht !'A02i"AIaFE m .
d rr<t; and alt 1~re a d ~~.n.J. ~~s + ce c u:~~s on of s.3~u c d.,:~s, a~iy inrcr~~c~ re~n or ~-a~t ih~rrof, in ~i~e a~g~~ yare wm atoresa~d
~n excess Ihare, f, s'~ali fne ~r,.. s.,+ :i_~ e1 ~ o: ~.~_e c.,~s~ or s...h other c,. sr as thr -t~a~ee n~ay r.:~~ re. ~T~ak:n~ the ~eis w,dar aa d p0 ~
c,~~S, ea:h a•~d a'~fr'?. ~~a..~b'e Te >a~d :',J~~~qG~E as !s ~•~.r_-_sl n:ay a~:p~~ar, and e~:h .u~d e.~~•y ivch y,• sla~1 nr {~run.Nt~y asiyr~rd t1 dr.ncrcd
any held by sa:d h',OR(vAGtE as fu~ih~~ s<wr~ty ~o s.+.d ~~•o:~~-~3e d•:ut, a::d, n~r l~~ss ti~an r•~i ~i0'~ d~rs aJ•e~'.:e of ~hr ea~.~~.,~~on of eech po!~cy, to d~
,..er to sa~d ,ti',OR~Ci\v:E a ran~~..s'• ~ir_i_oi, r~eihrr oh a i.:c_~~'t to~ th< pr,,•.~~~m o} scch ~e~c•ti~'; .:.~d tii~rr s~;~;i te nu f,re or wi:.tis~::~m ~ns~ronc
n;aced on any of s.~ d~~~i!d, ~~s, any ~~r. it th~~r n or E ~r1 t~.~r_or. ss ~n ~hr fcr~n a••d v.~~h the !css ~ a~a! .r ~s aP~-es.:~d: a~~d i„ U~e c~e~V any wn
of ineney beco,,•es para:>:e ~•nd~~r s~ch F:o::cy or po ~c~as s.,,d `.t•:;Ril~ i':.~il Yiave ih~~ oE.r.on ru ~~c~ l._ ~.::.f Jf:~-Y tn: sc•n~ on ac~ov.~t of tl~e ~ndrut~•d
~~~_•ss scc;.r..~d hc~~by or ro ~cr:•~~t s.+•d .'.+JRi.•ACI~+:S fo r-~ ~se it or n......,f t.,~ • . -1:~s. ..~•,_.,~r ~h .v......1 :r „"p..~~
ing eny cqu:ty, I~.en or r~~ht ..~nJvr or Ly ~~rt,;r o't Ihia nw..3~~~; ~~~•d ~n the rvr~~t s.i d htJ:T'v~1GO~S`sh ~'I .or a:ry r~as~n fa~l to kae. the sa~d prcm~frs so
:nwr~~d. or fa~t to de,~.er pro+n~,t:y eny of s:~d { o..•s of i~w~a, ce te s~.d AtiiJkTGAGtt, cr pr;,:~ ir.,y to ~:ay f,, iy ony :,r~ ~~,~:n thcroior or ~n a~y
resprct f~i! to pe~furm, al.sct~~r_~.. earc~ta, eiirct, c~r..~;c~a. ce,,Niy .~~fh a~~d aL~de by ih.s cove,:,:,r, er an; F..~;~ hrreoi, s.,.d ;:'•.vRiG~.G'E may p~ace a a
~~y for s~ch ins~r.;nce or any H~•t t^._:~ot w.!hout ,na~~~:~y or atte.ting ony cE~non, tirn. equ:ty, or rr;ht u~.,1:r or b~ vr.:.,e of th~s ~1loitg~ge, and the
r,,,i a~no~ni of each and e.ery wch p..,~,.~n! si~,ll Lr ~+~.:~1~U~~IEIy d~e a,,d pa•,sF,ie a~,d sha:~ b~ar u;ccr_st i.~~:~ iha d.,tr tn~r~of un~~~ p.:~d a~ fhe rate oi
•~~,;e p~i cant~~n F~.er a~•..~,~.•; ,,,,..i ~,:y..•r-.,. ,ti~•h s::.h ~.;~r~~sr sF~,,,, sc:.::~~d b~ the i:en o1 th.s mortya~~~.
4. TO p2rmit, COrnmit O~ s~t~er r.o ~~an?e, in:y3~rr'~.a"~t O+ t~~t_t:JfatWfl of s.~:d F~.roperTy O~ ary po~f 1}~rreof.
5. To pay a~! and s~~gi:a~ rhe c,:s+s, chnrqrs a: d~~.~ e~ srs. ~nc;vdi~~~ a re,;;u ~~t~:e ar!ern?~•'s Fe•: and cos~s ef ahst~acls of ti!!e, incurred or pa~d at
y ti~*e by s.~~d ~~10R?~AGCE, bece~se r. an ~h~~ e.r~ t o4 ih-~ ia.'u~a en ti,e p~rt et the s:~~d ,titoRrGaGOR +o d~:y, pro.•~p~ly and fv;~y pe~fonn, d~scnerge.
..e,~te, effect, co~nH,ete. ce.,N'.y w~th ard ~:~d~~ by e~c+~ o~~d r.rry the zt~N~la~.ons. ag:rc~~,t~nts. conda:o:,s. ar.d co.e.ia~~ts of sod p~on~~so~y nole and th~s ,
~ ongage any or e~ihr.. a~~d s~ d ccs+s, char~es a;F cKr~:;ios, raii~ „~eJ ~.e~y, sh,,ti ue ~mn:._d~atr;y due and pa;at e: v.herher or r.ot fF~~re !x no}~ce dr
~,•,d, a!tr~npt to co.;~ct or si,^ p~~n,i.:•.g; a::d !nr ;u~:: .i ~:.,..~;t oi rech ar~d e~~r~y s:.:ch ;.o,i;;rn~ sh,:~ i,~ar ii~r.:reft irom the date therrof une~I pa~d a~ ~ne ~
~ e' i:~ne p~v c~~,^,.~~. c: ~;.:1 ~ c~., 3~-s i~s :~c~rrrd er y:~~d, toy~:th~•r w.th such tt1~EfC51. 5~13II bC sewrro by 1he I~en of th,f
mortgage.
b. That (a? ~n thr e.ent of any br~a:h of tn~s ?+!orty~9e or da's.,!t on ±h2 Fvrl of ~hr ..'.O:TG~GOP., or ;b) ~n thr event any of sa:d sums of money
~:~rein referr~•d tu bc r:ot ~:~c .~~:.,y .~.ci c~,:u rr, •~y 3J u.,;s .~.f a•r.., s., :r s_.era ~r ccw-ir d~e and pafat~:e. w:tt~o~t demand or nchce.
r,Q in th~ eeero e~ch and evc~y t~.e s!~.~.,::',o~~s. 'i~r~~ r_e.~s. :c d.'~c ~s and co.ana~~rs o! sa d Fro~c,:ssory note and th:s mortgage a~~y or e~ther are not
i.;:y. pro+nprly and iu!:~ rcrfo^ned, d sc~:ar3, d. e._c.:r_~d. ~~`•c.!cd C~.•~j~:r:ed, CJ':r:~f~ •:.~!h and a^~:icd 7y, then ~n F ther or a~~y wch event ?he sa,d ~g
.~'_gate scm rnenti~ne:f in s~.d Hrc•..ssr.y tr.w~ rt. ,a.r a.d. :.~th :nte~:>~t ~ic.~.,c~l. end o.: mora~s secvrrd heeeby. Shal~ becon:e due and pey.
rr.e For.h.vith. or rhereafrer, at the c;.~o~ cr.s:.d •J.Jd1ii.~vcE ds l,~,~y .,nd co;nF.e'e.y as ~t ai ef rh~ s~.d wr+s oi money were o+~gu~a,ly st~pu;ated
pa.d on such d~y, ar„+~:,na ~n sad Fro,~,ss.~; cr ti,~s '.to•}q.~~r ra th.e Ce:~trary nJt.•.~IFt5T3'~,.~~; d••C~ iherc~pon or thereah~r at the op~~on of
cf MORTGAGEE, v.~rt:o~t nce.:e or dr:,:a::d, s:~t at i~: or ~n equ~ty, th_•r'ore or tl,ereane+ b<g.;n, n;ay be prosec~ted as ~f ali n:oneys secured hereby +
: d mat~red pr.cr tc ns inst~'~non.
7. Th~r in the •_:rnt fnat at rhe oeg~n~ ~~g cf or ar a>~~ i:~*~r ~~c^d~ ~y a~,y sv;r v;:an r~•~s A1o•ta.a~e. or to fo~edose it, or to reform it, or to enforce
^ent of any c'~~,ns fie•r~nd_r, se d,1',JR'G%.v~~ s~.a .~~.piy to thr h;.~~~g i~ .sd :.o? !i.•;r_~o~ for !he ai~,:~:nt~nenr oF a Rece~vcr, su.h Cu~rf sfiail
.•i~.1,~h a~Fc.~t a rece~:er o` s~~d ^._-,g,d F.rop~•t, s.. a•,d o~^y~r,ar. i~', . ~ d s..._ ~'ar tr.e ~^c~~ne. p'of~ts. issves and reve~wes from whatever
,.•cr d~•~ved. e~::~ ar'd e.r-y ot ~~~h. ~f be. g e.~c,r. ss', .:,:or s.o.f. ~s ie:_: y~~.~:.•_s+,. a:~s ~t SFec ~~ca!:r set forth and descn~ed in the granting and
~ _,~d,.•n c a~_ses her_o', c••d s~cW kcce~~e~ sh:i.~ F~j„~~ a.: ~n, i;r,.ad a. d e!~~_.•..e t~ ~,s and ;,o:.e~s ~n any.vne imr~aTe~+ by a Ce~rt to a Recaver, a•~d
_ s;h a~poin+r. ::f s~~a~ v~ :.~de b, s~_:~: Ce:;~r as e~i ~~cr,d ~c;,:~y and ~~-oi~c~ of ,~se:ute .yM r~~ sa~d A!JRTGAGEE, a~d wr.hcut referrnce ro the
' :,.,~~,cy or ~~ad~~q,.ec1 of i~a .a.~~ o: •h~. r.crt~t; ~•:o ru~y,•ti ~~r n ti:, s.: .c; c. ,.,.;,..-^c; of sa;d A'40R[GAGUR or the deienda~ts, and rhat such
~ ,-+s, prof~ts, incc.n~, ,ssves ar,d c~.r~., _•s sne~: be ar;:: e~ ey suci+ Rcce~.er a:.:,ra...g ~u the +:~n or eq~~ty ut sa,d MJRTGi~GEE and the pracnce of such
Caurt.
~ . . .
6. To du'y, ~::~•~c+'y :~~~d fi~: y pe~~o~•~. ds:~::•~e. ~.~c.r~~, ~.=ec:r c~-p:~re, cc~~;;'~ ,n.'h and a~~de by each and every tne st~p~~ar;ens, agree:nents,
:on~'~!ions and c~v_~can•s ~:~:d prar.,sso•~ r,:'e _ d tns :_rr~~~: s<-• forth
9. Thar m fhz e.e~t :h^ O•r:ner5h~~] of i~•~ ~-,o~sg+ged Frr~~•srs, c• a.,; ~:art fi;erecf, Necon~es vested in a person othe~ than the h10R1GAGOR, fhe
2
.'~R"+GAG".E i+s s.:c~sso•s and as~ g~~s r:ay, .ti,'^o~t ^c•::e to tn_ . JR'v=•:JR. dea~ w~th s~:h :uccesso~ o~ successor in ~nterest ~v~th reterrnce to th~t
•=-!y^aye a~•d the o--bt t~.e-c:y sewred in tne saT~e rne~~r.,.~r as w:~h :',~rr~ago~ w~rF.out in any way oit~aring or d~schargi~g ihe hlortgagori iiabi:~ty here-
~er or u~on ~hr ci~_i,r h~rco, src.:r~d. tio s..z ct ~t.e E~e, ses !:_crv. :no tg,,grd ard no forLea~a~ce on ~he parl oi Ihe 1dORi(iAGEE or its successors
>i . .
• ass q~~s ~nd ••o e..tr^s.o~ o rhe ±~x ~he ;.3p ~ e: + ot t~ e dc-::• n~ sew:rd g~ven by the /.SpRTG~GEE or As sueeessas or ass:g~u, a~~ali operate ~
;Y re c,se, d scharge, mcd~fy ;hange or a('re.t +ne ori~,nai .,~o ;.t~ of the h'~IJNIJAVLR I,err~n, ~either in whok w in part.
cs
~ 10. It ~s spec ~ c-+:~y =g•.red ~',a' r. n e{ rr:~ ~sse. c_ e4 ti•~s co•.r.act and that ~~o waiver of a~y ob~igation hereunder w of the ob'.igation s~
:.•rd he~eby s~a.c at a~.r t, •e rr.~r,-a':~r t,e t,,~ to b~ a.•:~~..=r~uf t~e te:~rs terec;! or of :~e cucrv~-,ent secured herby.
~
11 In _ . ~ t~t . , . . . .s . . and ~ _ _i• , br ~t.e ~•,on~ ucry ~o'e setured he:•'b/, mc•tgayor tovenants
~ i a~•~cs ro re • 3~y- r.. ._.e~ . , . . .._:,a: , s• ~ L~ r,o•ra~3e~ re be eq.,a~ ta i 12 ot t::e an.,uai cost of the fo~io,iv-
:;s
~ A-A~i reai .:o{'---tr t~.~s c~ _ -:i _ . sc + _ ,i d_s-- _ i r e: cs•a!.•
6 r,. ..-s ~ . . . s_ . . _ ~d re ~ . c•, t~,., rov.~,e::TS s ~atr on tS:,• above d_sc;:ted prem~ses.
C-Prc s oi ~~ch : o r: _ ~~~~s• ~y ir.s.,ra• -e as ~r.c•t3a.~ee sha:l frc^~ r~~e ~o ~ 3-em frt to ca~ry on the ~oan sec~~ed hereby.
~ .'t!o•tyaq,e r : • , . _ _ . _ ..•,t , g os the ~ o. d pa.ai:'e he~e~nd:r and SU';4: S,: n. SF~.1.~ !t1~~reuFOn be d~e ar.d
s, , : r i e;' s _c.;,.e ~ o rV t•.•~ •norr~ a,ee sh,'; no~ fy orr~ayor ef a cnange in wch
. ~~.a_''.. on •h a.,.. ~ . . . ~ d y ~ .
~u:~~ Su~ti s.. - s . Y ,~y s r.; .,a, ef rea: p ~ ~'t; taxes, ~r:sura ue pre» u r.s, a.;d n:ort~.eye gua~anty ~nsurance
- ~ums. ,
IN 'i~ITP;E~S :;H:Rc~;F ~ne sid !A: +TG%.•~: ? 1,3s h~r:e. ~to set h.s h~~ d and s••a~ Thr day and r feist ajor
S~gned. Sea:ed a-.d cr'.:e~ed ir, the r~esence of: ~u~/~~~- •
~ ~ _ FI~EO AM~ RECOROEO 1~~~ ~~a~~
- 1 - ~ ----t ST.IUCtE CQUNTY flA. ~ war . zown
_ ~~i-~ ROCER POITRAS tsea0
< - - l ~
~ t CIERK Cti~CUtT COURT ~~`r . _J
- ~ - - f_ _ ~i' RFCORd YEaIF1ED Ze • ZO {Sea~}
_
jT .TE Of FLORIDR ~T II 34 ~M'~ ~ , -
_st . ~u~ ~e ,~1`741~
= ~J~'dTY OF - - - - ~
3 Before me personai' ? 3PPe~red - - - - HOY~d ZC~ R . B TOWfI- - - and
: - -
~Ib3Za C. BZOMrD
- - - - h;s w~fe, ra me we!~ knoJVn and knoHn to me to be
•~e ~r.d v~d~a's desc;;ced in end ~ho exeo.;red tne forrgo,ng i~strumeM, and a:krov.ledy-ed befo:e me that they exet.;ied the same fw ihe porposes
= e:press~d. And the sr:,~ _ B3Ibdld C. BIONIl
_ _ _ _ _ - - - - - - - - - - - - -
_ .4~ :„a HoMa rd R. Brown _ . ~oo+, . sep..n~ ~aRd wiyt. :
„ _ _ _ _ -
3 ra•.o~ r t ~ r: a~re a:d +~t 'r !,r ss d h;,st +~d ac .,.~!ed.3ed to ar•d t:r'ere me that she exe:::•ed sa~d i trumtnt #~~ely ~ ~roluo-
y a~,d w tt c t~a' y c s~n c:, s+ rt. ~,i,e )•s cn+~r frar of or from her sa:d h;,soand.
_ :VIT`._SS . ha ~ 1 a~d o~~ . . s n:e 1 s~.' d~q cf . _ ~'tObe7 - _ - ~ A. C. 97,
_ ~.-1 ~ ~ ~ - -
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~r,;,ta.y p~,!, ~c ~n a~d 4or the of.kwid~ M t~rpe
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h1y Ccn~~, ss on exp~res: ,
~ F.~sr Fedcra'. S•k•` :s^ Svio_ , ,.~s__ , . tr . r •~^}~:~ttt'A A1 ~1?i~~ ,
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Th:; I^s•r,:~•e^,r P-enared By Richard K. Kayes
F:.~t Federa; ~n~ 8 lcsn Ass~c;a? on
c+ Fa! P,ercP~ Florida ~ R '~I
= ~h.~.k~d ~y - _ - sa~~1~ ~A~1377 i'~~
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