HomeMy WebLinkAbout2257 ~ ~ ~ ~ ~ ' ` ~A
s ~ • •
3 To ; a_e .,~.d cr~.:.;~.r: Aec, on t~•e ,~...~s o~ he~e.,irrr rr.,are o~ s~ d~and a~d on a:: eqo;p,,ent a~~d personatly co~ered by ~h~s mor
w•h n:! ~-rr~~ ...~.s t~ _~i~~on ;~s d:n f„~, , r,rr ~~~s.~~-.:c .n i~,: ~_s.:~~ s•o~:,ae~d F<~ ~cr fo~m, in a a..~» ~,.prc.~~~d by thr 11f~JR~:.,::'viE. a:~~d w~:,dato
~:r ~n ~ s~al s•s .i.;~d i o cy fo~•», ~n a i~: ~ s;, ~~.rd cy ine MJR1GavEE. ~n su;h c~~^pa•,y or c~ ar. es as the t.~.ORivAiiiE m
•~cr, e~d ar! t.rr ~ i w•~.le+a~~+ ~~u.,~ancr po:~c.es on a~~~ 04 se~d w~ d ~ys, any irre~c» ~4e~e~n Fa•t thereof, in the ag~:c~~Te sum „•o+tsa~d
~«ess u~r~~ of, e'~ail _o~~t,~~ The us,~i s~.: ~dsrd n~u^~.+g~e c~•+use or su:h othe~ c.ause as the A1er!gaqre may req.,.re, mal.u.g the ~css und.~ s.+•d po
;.h ~~,d e.en. b e ro sa~d \1JR'vAGtE as .ts :~.~~~r;st •:,ay appear, a~d ea.h a~ d e.cry ~.~;h E~ .cy s`,a~; ix p~on.pt~y ass gned and d'r.~~crrd +
i,~:.i bY s~:o :'J~~"aGiE <s ;..~i+1:r s_c~•~;!Y ~o s~.d ~+o~~~-,~e d~o!. a,~d. ner iess than ~en il~. da,s i;, .~d:a:ue of ~'r~e e~µ~•at,un oi eech put~cY. to d.
.rr +o s_, d'.\JR7:> ~G;E a rri~ea~~ ti~creof, tugc~htr a.'h a re.e}~t 10' the prer~wm 01 such re~~e.~a'; a~d thare s~a~! be no i•re 'v~ ~v~nditi~m ~nsu~anc
.~:rd o~ a~~ .f sa d'.~.d:•~gs. ony inr~~cst thcre n er pa•r fhe~.•oi. ~~'ess ~n ~he fo~n, a•,d ~.~~fi ~hz !csa pa,~i:'e as a'.oresa:d; and ~r the z.ant a~y s~~
. , o,e,r t.f-c. ..es p.~.s~ e ~nder s:ch pe~~cY or pol.ues s~~d :ti'.Jti'~%~3:E sh,ti hjve ~hr o~,~.on to rec•_~.e ~;~d apF y ti,a sa,:,e on auount of the insebted
se.::~ed he',b~ or ri F~cr~~.t sa~.d t.tORTGAGORS t0 ~eCtivt and uSQ it M any part tf~,.~~<=Jh T~~ i.c .~:cei a._-,.7 th•~~:. ~...a:.~•
;•,y eq~ r~, : en or r~~t:t uo;s,rr u~ by v,rf~e o4 th~s mcrr,~aga, and in thr event sa d AlOKiGA'vORS sh~'1 ror any reason fait to keep the sa~d p~emisrs so
_.r,d. or f.,.; fo d_ ..ar p~o,,p!,y eny ot sa~d Fwic~_s of iniu~u~,ce ~o sad MORTGAvEE. cr pr~n.p!,y !o F.ay fu.'y any p•r,.~vr ihcrefor or m a~~y
._:t t;~ !c ~~.•~rm, d:;ch~~~e, eiecute. eftect. competr. co.ply .a~~h and ab;dr L~. ~h,s ccvc~,3:~, er any p~rf h~ieof, s.3:d htCRT~~aGEE may p~ece a~d
rcr s...h :.~s~~~.~~;r :,r an, ~a•i thr~eof w~~hou~ waw~ng or affe:t~ng any o~>t~o~, iien, equ~ry. or hyhT undrr or by v~rt;.e ot ih~s Mortqa~e, and thc
;,.;o~.;,~ c} ra.h scd e.rr~ s~.:h pa~^:rm shai! be ~mmed~a!e1y due and payab'e ar,d a~aii bea,- intrr~st irom ihe datr thcrcof unr~! peid at the .a~e o~
r ~~~-r ~r• a. .~:.y };~-'r.•~ ~:'h a..:n :nrrrar .tia: ~ a.•w<<•.i b~ the tien ol lh~a mortg3ge.
3. To per:n~r, c.,^.m;t or s~!{er no waste, i+r.pa~r:nent o~ dacz~~ora?~on of sa~d p~cpe~ty o~ any part ihe.rof.
To .+y a'.~ a•~d s~~g~!ar the cosrs, charges a~,d e+epenses, ~r:lud~~~g a reasonable anorne~•'s fee and ccsts of abstracts of tltfe, incurred or p~~d at ~
. i;^e by s~•d ".S:~C~GAv`~. because o~ m ~he eveni ot the fa ure o~ fi~e pan ef ihe sa:d R~O~tTGaGOR ~o du:y, pro,~ptiy and fuily perform, d~scnarge ~
~tt~c~, ;~,•~..:te ~:piy v.~rh a~~d a~de by ea:h and e•ery the st~p~.'at.ons, agree~-~ents, cond~t~ons. and co.enanrs oi said pro~n~ssory note and ~f,~s ~
-"3~~~ 3"Y r''~cr, a`d s~d ccsts, chargcs and ea~:er.ses, each and every, shall bt ~m•-~~~d~atclY dut and payab:e; whether or not' thrre be noT~ce d~
a..~ f~f r~ co .e:! o: s~~~ prnd ^g; and thr f~~, a+no~N of each a~d e.e.~ s~~:h ra~mc'nt shai~ cea• Ir.~eres~ rrom fhe dete the~eof ~nrii pa~d a~ the
• r~e :<< c~ . - o..,. ,~-~~C a~~ sa.:1 ccs~s, ci,a: ~es a^d ~¦:r~ ses ~rxu: red a pald, togetner ~n~th such ~nrerest, shall be secused by the I~en of tha
,~.tg,~ge. `
o. ?hs~ ,a' ;n ~he even! ci any brea:h oi th~s Mortgage or defa.rir on iF~ pa~t of the h.0~.7GaGOR; or ;b) in the event any of sa:d sums of money ~
:~n r<-re.~~d ~o be ~r:.:,':v a~~,d iv.iy pa:d v,:•::~n th.rty .3~' d~;s nex• a.fr, ~he s:~*~e sc.e•a.y beco~~e due ar.d payab!e. wnhout de:na~d o+ oct~cr,
_~n rh_ evenr er.ch ard e.•e~v The s~~~u'et~ons, agreemen!s. co~tl~•~o~.a and ce~enanrs o! Sed ~'rort•:SSCry note and ~h,s morrgagt any o~ e~thrr a~e not
F~a~ r t!~ a~d ~.~ertx^ rd, d ectia.g~d, rarcured. effe.~ed completed, coma~:ed wrth and ac~d~~d 5v. then m eahrr or any such event the sa~d ag
::•e s~T~ s~~d pro~?~,~isor~ r.~!e ~nen rema~n,n~ u~, a~d, w~tn ime•rar accr,:ed, and e~:rwnzys secwed hereby, shait bccome due and pay-
_ r! rhe c~~•~~-~ o+ s~=d A+O~~GaG=.E. as fv::y any co~+y:ete'~ as ~i a,? of f!~e sa:d s„~»s of money r.ere ong~na~ly s~~p~iated
• d o%~ s.:.t, c..; lan,r~.^g u~ 5's d E:~J'T' SSCI~ nete or in tFis hlorrgage to the co~~t~ary not,nnhs~a•~d..~g; and thereupon o+ thereafter at the opnon of
:•.~~~?G~~f:, •'~c,r r.o~~;e a~ de~~a~~d, s.:~t at iaw or ~n equ~ty, Tnere'ore or thereafre~ beg~rt, n,ay be prosecuted as if all moneys secured hereby
• ,.,~•..•e~ 7;1 : :51~'c:';Gfl.
7. ;n;r m r.,e e.._^,t ~h,r at The begi.^.n;ng of or at any t~me pend~„g any w~t upon Th[s A~o•t~age, w to ioreclose it, o~ to re(orm it, or to enforce
^~c •~t c+ 3"V he•e..• d_r, sa~d /~~JR1~,:.(,,EE sha'i app'y to ihe Co.;r~ hav~ng ~U'~SC.:T-0r; ti,,~eo~ ror :.r,,.,.•~'-em of a Rece~ver, such Co~rf sha~i
,r. fh a;,, ~ a~:~c~•.er ot s~~d To•tga~rd property at3 and sin3~~a~, inc~ud n9 s•~ a~~d s~~~gu ar n:e ~^ca:~e, p:o?as, issues ar~ revenues from w;hate~er
- ~.~9 r.~,~ a~:i e.•ery of w`,;h, ;t be.-•g exnress~ unders'OG~ is ~e:e~y m.er~ga~cd as if spet.!~cai:y set tonh and destnbed m the grdn!i:~g a~d
~ c a,:szs F~_•c_•o*, a~ s~.h Rcce~.e~ sha:~ have a~1 ihe broad a~ d effec',ve fu•~ce.o:•s ar.d po~e>s m anyw~se entrusted by a Cov~t to a Receiver, and
~ sh. ; dc b~ such Co.,rt as an ad -~itted eG.,~:y a~~d a r.a!ter ef abso-.~re r:ght to sa~d MORTGAGEE, and w~thout relerence fo the
.~:~~c,yo~ ~^~d~q;e:. o' t':~ va.~e of the pro~.er!y mor!gaged or to the so.vencY or ,nse:.ency of aa~d MOR+GAGOR or thr defe~~dar.ts, and that wch '
- 'S. Frpt,•5, ~=1CL.'~£, :SSVES and reven;,es sha,~ be app.~ed by wcn Rece~.er a;.ora,ng +o the ~~en or equity of sa~d MORiGAGEE and ihe pract~ce of such ~
~ : ~ rt.
To d~.~ Frc--; •;y a~d fv;~y Fe~`o~T, d~scharge, e,cecute. e~tect. comalefe, comp:y wirh and abide by each and every the stipuiations, agreemems, ?
t .~.s a•~~ cc.r:,s,~•s ._o pro•-~~sso•y no:e ~nd th-s mOr:^yay'~ Sct for;h.
S
~ 9'~:,! ~n +ne e:~~~+ :he c.~^•_~sh;t. of :he ~ort~aged pre~,~ses. o- any part tnereof, tccomes vested in a pe~wn other than the MORTGAGOR, th~
; ~~'C~vE=. rs S~;:C~S;:'•_ s~ci aS5-_u:5, mdy, wi'hOvT rc~~ce to rhe :'ORTG~OR. dea~ wr:h svch successor or succeisor m interest wirh reference to th~s
' s d'^_ d •^._'ecy se:.:red +n the same manner as wi:F t.lort~agor w~tho~t in a•^.y way vil:atir,g o+ d.sCharging thE llor.gagors' liao~idy her~
~ c- d--~~ s,:~.•cd. tio sa e of the Fre•* ses h_~eby mo:tgzged a^d no foc~earance on the pari of the 111QRTGAGEE or its successors
~-,ss ~-s c,x e~e fo~ rh~ payn,e~t c* the deb~ h-~•eby sec.,red g~~en by th- YORTGAGfE or +ts successors or asslgns, a~~all operate
, _ c_se, d sc~.a•ge: ^ od.ty c~ ~e er affect the o~~~,nal !;;b ..ry ef tne A'.~RTGAGJR here~n, e~ther in whole or in part.
i
~ !r :s s~c c~ c:• .Y- ;~•,~ed Tr,~, t~me ~s o! fhe esse-ce ef ~h~s confrzct and !hat no wa~ver of any ob''gat;on hereunder or of the obligation se-
~ . _d ne~_: ~ s•~. ar a••, tr.e rrcrea~•er be hc.d to be a w;.~rer of rhe re:ms hereof ar of ~he insrru~ent sew~ed iee~by.
8
; . _ ; c~•~ v c~~^ _~ss of ~:r~:': ~.3 3^d r•.fer<<r ~~~u,rFd t;y the p~o:r sscry ne~e s_:ured hecebf, mortgagar eovenants
~ ~ _•cs m ; c--=.r. rF, rach ~ro,,.h y•..c, ent an a..~ .cnal su~-. rss , ared b/ n-o~rgagee to oe equai to 1 32 of t:ie ennual cost of the fofiow-
~ i
F
E . r ,'3~'S if::-_~ O' d55£SS_7 dy.l~•?5! 1:.^ d~,JVE ~°S:':'.~~ f~d~ PS'd~A ' _ ;
s
.
~ E~ d..,~.dsf=."~. ~rsu•a-ce as ie:~ n r.~q„ red to ~ ca-ncd e~ the _rove^~e~TS s:fuate on th~ a5ove desr.~bed prem;ses.
@ ~ F~. r~..,e a~a~3-•r ~rsc•a~ :e as :n.~raayee sna i're~ r r. e ro r, e d~e^: f~t to carry on the toan secu:ed hereby.
' • e n; •,i~ -,.c•:~ag:.r :n ,n,~,r,ng of the a•• o_-~t d.,e and pa;ab'e hereundrr znd s::ch w~*: sha~i thcreupon be due a~d
~
, ~ , - o~±' r~y -~^T a:;d e~th s.:c:ess+.e -.o^~h thr.eaft,r r,: mcrtga~ee sha!1 not.fy mo-T9agor of a change in such
~ S_c• ~.~-z s. c~r -cr'ga_~re teward rhe pa~~*rnt of real p•eperty Tanes, inwrance prem.ums, aid rt+ortgage 9varanty insurance .
o ,:-^s T
~ i'~ :::T^:,~5 :.^:~_0=. +~e sa~ tiSOR'GAGCR has here.,~to set his hard ar.d sca! ehe day and year f~st,a'.ores d.
Syned. Sea'ed a-,d d='ivered in the prese^ce o{: 1~~~
- t ~ ~c._ -x , c~Z- ~ Seal)
~ -T Peter B . Gay
- ' , ' ; - (Scaq
~ ( Q.L~.i,,,~- ~ ~ - ..t1~i_
~ (Seap
~ ~ Laura A. Gay -
j~(~._ S g r t F_ 11 ~ t tseap
; ti ; Yr~ `
~ - or et~+d-s~~')'tl--•y1-c f~..-ic t'tl
eµ - .
/ ' SS.
_'~TY OF ----.-L1.-~~ c-~ ` ~ ~
Peter B. G.• ~
Be'ore me perso~a',ly arpeared Y and '
Lal:Zd A. ~'siV_ h~s wiie, to me well knonvn and known to me fo be ~
~-.d .~d.:a'.s dz>crsed in and who executed th~ forego~ng instrument, and aticnowledged before me that they executed the same for the purposes
'-c~n exp-essed. And tne sad______ L.al1Z8 A. Cidy r
:
~ . ~e o: f.,o -Pe te r B. GaY , ~pon a:eP...rs a+d'~ivde a
cn b, r.e t~: ~,n se: a-~re and apn~t frc~-+ her sa~d husband, acknov.;-dged to a~d before me that she executed said instrument fr~ly.a(~!! yqlve? ~
3 . a. a w.•^:,.~1 a~y o.,.., s:cn, co~~stralr.t, aeprehens.on, or fear of or from her said husband_ ~
...ir:;SS : a~d off~c:a~ seai tha _ ~ay ~i_Novzm'~zr • . p :9 ~ !
: C _ _ ;
Notary PubSc in and for e State of MONdf a1 larpe , F
My Comm~ss~on expire~ ' ~ss ~ . _ !
P.~.~-~ ~'-v ~ ~ ~~~i 7 y~
r.s. Fede•a! 5~:,• 3s b Loan Asso:fa!:on -
_ - - . , ~ye ~ECO~~E~
} . . _ fttE~ tY ~ •
Sj. 40GlLa ~p,SRAf ~
- CIER VERIF EO C4y~T '
a , ~
_y Th,s tns'r;;~-:e~t Pre~ared By :tit+i. E. B~~1.~? 3?' ;
F~rst Fede-a; ~a~• nas 8 Lean Associat;on ~ 4
- of Fc-? Pierce Flori~?a ;
: ' ~ ~~197 ~2254 ~
~h_CKt~ b'~
~ - - ~;zoos~
~d
,
- . _ -