HomeMy WebLinkAbout1755 1. Ta p'ace a-d co~nlr.uo_s'; kzep o•~ ~^.e •~as n.,v cr her,~,f+rr s fvate en se d land and on a!~ iq.,ipr.,enf a::d personally cotiered by ih~s mor
ege. w:th all pren ,~•*.s tr.rrron Fa d,n i.~.i, tr.e „ s.;:s,:~~ in~ , s,~; s'.~ 1.,'d po ci form, in e aum dYpro.ad by thr MJR~v%.vEE, a~,d v~~'~dsto
~surence ~n the us.,af a~a:~d3~d ~o, cy fo~m, in a s~ri jr;:ru.rd fhe ~ti1;,~RTG~vEE, in s~ch compa~~y or co~ni~an;es as ihe R10R1vAGEE m
d,~ec~; and all Gre a~.d v"ntis~crr~ ~rs.~~~c~ po ~c.rs en an~ of ss~d b.~~ ~.ngs, any ~nterrst ~hr~r~n or pa~t ~fiereof, in ~he ag~~~ga+e s~m aiuresa..: ~
in eacess ~he~cv(, s~~a;I :onr;;n ihe .,s:.:~ a~a ~d~rd m~••}.,~er c.euse cr s.:h o}her c~a~se as the Mortgagre may ~equ.re, making tnr ~oss undr~ s.:~d po
c:rs, each and every, pa,ab'e !o sa:d '.~JRi~AG:E aa •ss ~~~T.~r.s~ ^~ay appre•, a+~d f3in ar~d e.cry wch po:~c~ sha:~ tx prOmphy afs g~rd ard de•~.~•red ~
enY heid 6y sa~d A1QRi"AGEE as fur~her s:c~r;~1 +o sa~d ~~.o~~g~3r ~~u~, a,~d not :ess tnan ~en ~:Q) da;s i:, ad.a~:ce o1 ~ha e.p~raf~on or each ~w!~cy, to d~
~.:er to sa:d S10RTG:~G:E a renrnoi Iherr01, tOajEt'ti2r w:rh a rrc_ ~~r tor thc prr:nwm of such rene+.a; and thare s!wi~ br no i.re o+ +.•~~~s~o~~n +nsuranc
p:eced o~ any o1 sa~d b.,'d~ngs. any ~r.ie:est tnerr n or pa+T ih.~~of, u.-'~.ss ~n ~hr fo~~~~ a~~d ,nnh the ,oss pa~ab'e as afcresa~d; ar.d in ~ne e.e~~t a~~y s,:~
oi money becu~ies parat:e ~ndrr s~:h poiicy o~ po!.c~es sa~d ,\',JRiG:.v=F sh,~t have ~he op±,an ~e rec_•~ve ::~~d app'y tie sar.,e on aao~.~~ of thz ~~~drbe~d
nrss secv~ed hr~eby o~ ro perm;t sa d'.~ORTGAGORS ro rece~.e a•~d .,se it w a~v c: ~t i~,.r .•~f io~ e:~,..~ ~s~~s ~,~:::t +h ,3 ~r P.'• +
,ng any ~yu~ty, i!en or r~yht under o: by vtrtve of th~s n,c^g~9r; r~d ~r. ~ha e.•ent sa.d MORTGAGORS sh~!i for any reason fait to k~~ep the sa~d p~em;~cs sa ~
~nsured, or fa~l 10 de:~~er pro:npity any of sa~d p.^.~~C~~~S Gf ~~surente to sa d MORTGAGEE, or f~~~, promptly to pay fu~•:y ony p~r~~~~„~~n tiieretor or ~n a•~y
respect fail to pe~form, d:schorge, eaew!e, effect, coa~p:r~r. co~•r~y +~~~h and ab~de by th~s co~e~~r.:t, or any part hereof, seid MG2T:>~.GEE may p~acc 3 a
pe~ fo~ s~ch ~nsurence or any pa~t tnareof w,thout ~•a~v~n9 O: dtTB~!i~t~ any opf:on, ~.en, equ:ty, or r~yh~ under a by v~~r„e of ih~s htor~yagr. a~~d the ~
i~!I amo~nt of each and e.e~y s~ch payrnent sha~! Ee ~~*:med~~~e!y d:,e and pa;ab'e and sha;! brar lnterest frcm iha dare thereof unrii p.,~d at the rate o1 ~
•.:,e prr ceneum per a~:r,,;:., and to3~-tr,~,r ~~•h s~cn ~~v~,;csr sh;.. oe s:,.,•~d by ~he Len of th~s mortgagr. 4
To permit, comm~t or suifer no waste, impdi~ment er detencr~r~en of sa~d prcperty o? any part thereof. ~
5. To pay a!i and s~^gu:ar tne cos~s, charges and e.~e~::es. ~nc•..;1~ ~g a rrasen3o!e afro.rtey'a fee ar.d cosrs of abstracts of tit.e, incurrrd or pa~d at ~
e~y ti~•~r by sa~d h10RTvAG:E, because or in fhe eve~f of fn= fa ~r~ on ~hr can of ihe said MORTGAGUR ~o du~y, p~o~T~priy and fu,~y prrfonn, d~scharge ~
>.rc~tr, eftec~, cemp;ete, coTply w~~h a~d abdr by ea;h ar.d r:~•y ~r.~• sf~?ar,pns, agrez:nenrs, co~d~t~ons, and covenan~s oi sa+d p~o•n.ssory no+e and th~s ~
~
-,~~tgage any or e~~he~, a~~d s~.d ccs!s, charars a~~d exHenscs, rach and e.e~y. shail br im~t~rd~ate:y d~e and payau.e; v~hether or nut :here bt not~ce de ~
--,a•,~, ane~npt ro co::ect or s~;r pe,:d ^.g; and the fui~ a»o~nr ci a-~? e~r•~ s, cti Cayn;em ihai: bea~ ~nr=rest f:om the daie rhe~rof ~nt~l pa~d at the ~
e o` n~ne oer c~nt~~ ,ar a•.. a~c au sa.d c.s~s. cr.a ges o•~d e~. c: 5~5 i'W:!cd or pa~d, tocether w.rh such ~nterest, shall be secured by the i~en of th~f }
i
mongage.
6. That (a) in the evrnt of any ~reach of this Mort~age or de~a„l on she p3rt of thc R'.ORTGAGOR, or ;b) in the event any of sa'd sums of mo~ey ~
,
here~n refrrred to be net pranpr'y and f~.~y pa~d .~,~n~~ tr,.r.y ?J :~.~;s n,.i a^_~• rhe s~~e se.era',iy reco•~~e d.,e and payab!e, w~tho~t demand or ncnce, ~
~r ,c) in thr event rach ar.d eve+y tf~> sr,pv.a~:onz, agree~nents. cc •:i •~o s a••.d tovenants o' sa d pron,~ssory netr and th,s mo~tgage any or e~ther are no~
~o;y, promptly and fu~~y ',erfo•m~d, ds:harg,d e~zcuTed, eite,red co:^,~:eeed. comp,~ed .v~th 3nd aa~drd 5y, tfie~ in e~ther or a~y sv:h evem ~he sa~d ag
y•egate avm ment~oned in sa~d pro^~.uory ncre !hen ~e na~n~ ~g a.d r~~~ ,^.irre,t acu~ed, and a~~ monr~s secured hereby, shaii becume d~e and pay-
ac e forfhw~th, or ihereaftrr, at fhe cp~~o~ o! s„~ '.10,27GaGEf. as t~.~;r a~,d :o•-~p.e~e:y as a~~ of ~'~e sa•d s~ms of money we~e o~~g~na:ly st,pu;ated
~o be p.~ d on such dcy. anysh;ng ~n s3 d Frc r sse~y nere e* 1r. ir:,s ?.torr_3~> >o tne co~itrary nor.+,~hs~a~~d.:~g; and ~he~eupen or thereat~er a~ fhe opf,on of
s~.d MORTGAGEE, w~fhout noT~ce o~ aemand, s.:~i at taw or in equ~r~. fn~-retere er thereaiTer begun, may be prosecWed as if a!t moneys secured hereby
n_d rr.at~red pnor ro ~ts ~nsntut~on. ~
7. Thai in the eve~t fhat a! tne be~~n~ ~~g cf or at any T.•rne pena ^o a~r s~~t upon th~s No•~aage, or to faectese it, or to referm it, or to enforce
;~:~*ent o1 any r~~:rs he~e~,~d,r, sa:d /.~.~?2'v~~cE s^a ~~,r ~~.:~f ha~~..g ;v.:>d.,.en ~h~reoi fer ~he appe~ntmem of a Rece~ver, s~:h Court shail
crin,nith appe;m a rece~.rr oF ss:d ~norf~aged p~op_rtr a:; and s~^.y~ ar, ~~.~d ~~g a•~cs s:~~av~ar ~^e income, prof+ts, ~ssues aed reven~<s tio~n whateYer
s:.cce den•+ed. each and every of wh ch, r a~ng exp•ess y ar.dc~s~c•=d .~s !e~_c, rt•,e•'g~acd as i! spec t~ca :y set forth and destnbed ~n the g~anrn~q ard
t3bencfum C:dviBi herea~, an~ such Recei.er sha„ have a'i the b•~ad a•-o rf'c~c• .c `u~c` o~.s ar.d powers in anyw~se ernruste~ by a Cou~t to a Rece~~er, a^d
x.;h appo~nrment shj~~ be r.:~de by such C:r.t as an ad •:^+~•d rq~ ty ,-~•d ,^a~!~r et a:.so:~,re rght to sa~d ;~1pRTGAGEE, and ~++tho~t reference to the
_._:~q~;cy or inadequac~• af tnr va:ue of the p~eperTy mongaged or to t.;e s:; .e^cy or ,r.sc:.ency of said M.ORiGAGOR w the derrr:dants, a~d that such
,e~~s, protrts, inco.ne, :ssues a~d re~er.urs snau be app.:ed uy sucn Rec~,.~r a::ord. ,g ~o the I~en or equ~ty of sa:d MORTGAGEE and the praUke of such
~ Court, s
; 8. To du'y, promrt'.y and f~l~y perfor~.,, d:sch~•ge, exe:~'r, e.`e;+ coT•p'~-~e, cc^:p;y wirh and abide by each and every the st~p~lations, agreements.
~ ;ondrt~ons and tovenanrs ,n sj.d pro:r.~sso{y noce aa~ tn.s n ~rr~a~~ set +or;~~.
~ 9. That in the e.e~~ rhe owr2~sh p of ihe rnore~aged pre~ ses. or a,~ part tnereof, becomes vested in a pe.son other than tfie h10R?GAGQR, the
f
~ ;''JRTGAG:E. ~ts successc.s and ass.gr.s may, w+:hout nc~.ce ~o m~ 'y:~£i~FJ~, dra~ .+rn such s~~ccessor or successor ~n ~r.terest wfth ~eterence to this
~ ~•tgege a^d :he d_b~ hereby sec~~zd in tne same rt,a~ner as v.:sh t:~;;rr ;,,a w~Thout in an wa viuatir. or dachar n the /J1ort a o~s' lia6ilit here-
~ Y Y 9 8' 9 9 9 Y
i :~der or upon the detT hereo, sew~~d. ~:o s3'z of +i:e F~e~r ses •*c~fgaged a^d no forLearance on the part of tn= +JVORTGa~EE or its successors
~ c~ ass~gr.s and ro exte~s:o~ ot the f::^e fe• the pa~~~e•~T o~ tae drt,. ne ~_e r sec.,rE~ g~,•en oy the MORTGAGEE or its successors or asslgns, ahall operare
ro re~e;se, d.scha:ge, mod~fy change or affect ihe cng.nai f~ o~ ri:e /:ORiGAGOR F,ere~n, eifher m v.hoVe or in pa~t. j
~ 10. tt ~s seec f~:ai y rg•eed rhat t;me is ol the esse^ce cf ~h.s ca,!racT e~~d that ~o waiver of any ob~ gat~on hereunder or of the obl~gation sr ~
~ cured hereby sha;~ at ar.y ti~:e rnereaF~e. oe heid to be a.va~.r of th~ fzrms rereof or of the instr~ment secured he~by.
11. In ~od• c.-~ •o *r~ forc_e,c ~;i r, y F ay ~en~s o ~•u c and •_s• •eyu"ed by ihe prG~•SiCry nOre secu~ed herebf. mo~tga3or coverants
~ d ag~ces to pay ~o ~.e-r j~gez ~n!rh ea.h :,n+n y r~.~ e~~t an ;o~ :;na'. s.: ~s~ ~~ed 'c~ c.o~tq3gee to be equa *0 1 12 of the ann~al cost oi the foilow-
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~ A-A!: rea4 ~:cp_-•q !a,es :e:~e~ c+ d5S?SStC eg~~ s* n~ o=~.e dcu~ =_•-d r_a es~~?e.
~ 6-Frrr : s on f,*e a^o ^dsro .r.s:;ra-,e as ic c n~`.,_~ ~-a to oe c y.~ d C" th@ 'n'~fOV2m@:113 s~'~ate on the above d=scriF~d przm~ses.
y .
C-P~r~. ~~•^s on su:h m~ .~,~e g~a•a^.ty irs~'a~: as ~•"~3::ee s+~ ~.e ?o r ne deem fit to csry on the loan secured hereb~.
~ M.o~!gaaee s^= i'rc-n t~ _!o ~.~:e rcrr,,,:g_• ,n r.~l',rg o` a- o.-~r d_e ar.d payab!e hereundrr and svcb wT shaif fhereupcn be d~e and
~ .~,ab;e o~ Thr d,e d~~e oi +ka re.r :~~.o~tr ~ F.;y-~enr a~~d e~c'. sc:cess.:e ~ e~ •h t~:rreaf!,r urt~l mert~agee sha!t nor:fy morrqager c~ a cFange in wch
oc,nt. Such w~ns sre.: ~e arF. ~~d ~y mor'9aa_-e tona-d tee ;.ay:~ e~r of re~: ~~c;.erry taxes. msura.xe p~e~n.ums, a:id mortgage g~a~anty insurar.ce }
...er.^.wms.
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# IN \'JITNESS :.'H~R~O e so MORTvAGCR has he.eu-.+o ze! h:s h~:-d and s_~a~ the day and y"~r first a(ores 'd. /
~ a de•' the presen~e of: '
~ ~ l ~
a ~SCD~~ :
_ W• gs: _ er ooper ~~ai~ i
Y ~
~;j ($C21)
witness• hirley C oper
~
~
~ S~ATE OF FIORIDA i
~ ~
- :~U'JTY OF St • LUC1Q ~
S Before rt+e personaity appeared Gerald_Cooper and
~ ~
~a $Z11r1QY COO~eI h~s wife, to me well known and known to me to be ,
~~e ino~v~duals descr~bed in and who exec~ted the foregoi^~ i~strument, and acknow~edged beforc me that they executed the same ior the purposes
~~=•ein e:pressed. And the said $~11lley Cooper -
~ N~te of the sa~d Gerald Cooper _ _ , upon a separate and private
= e.am~nat~on by me taken separate and apart fro~n her sa~d husband, acknowledged to and before me that she executed sa~d instru~nent free~y and voluo-
ta~~fy and w,rhout a~y comp~:seon, cons'raint, apprehens•o~,_ Qr fear of or 4rom her said husband.
7)C
= WITNE55 rry hand and offic:al sea! this_ _ d~y cf N eZ , A. D. 19~_
_ Notary Pub'~ ' and for the ate of Fbrida at lar e .
= My Comm~ss expires: /~C.e~ - ~ 9 7 ~ #
- Retvr~ To: . i
'rirst Federa! Sa.i;,~s b loan Assoclat.on I:OT~RY PUR~ IC STATE OF Flnp~n~ ~T ~~QGE
- Of To•r F c-ce ~,•.•,•~~'~'~•~Ii~~ MY !'!~!.1!!:SSION EXPIRES AU , 6. 7 75
' Fo~+ P:e~ce. F o, .~.j ,,p.,• GENERAL INSURANCE UNDERWRiTERS, iPlQ
~ +v•; ~ FtLEO AND RECOROEO
_ , = ~
: ' 4 _,r~"`'_. ~Y• lUC1E COUNTY Fll
- ~ . ' ~ R06E~ PQITRAS c~
. ' p1ERk CI~CWT ~'~(P
= This Instrument Prepared By Wm. E. Bza , 4% RECORD ~[R~FIEO~.~-~
First Federai Savings 8 Loan Assocration ~:D.~,~ ~ J ~
of Fort Pierce ~ FlOrida ' ~ ~ Q , - t ~ ~ ~~T~
~1; e
: = Checked BY - - ~'•.;~0;,~~$Zh
N.:'
. 219'706
R 1~~7 ~~.~~f~.753 ~
_ 6o~K . ~ !
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