HomeMy WebLinkAbout2982 3. To p:ace a"d continuo~sly keep on tiie b~n J~~~7s n~.v o~ 1:e•c.,f~er t~w.+te on ~,,~d ~end and on al; cq~~pmrnt and personaliy cove~ed b/ th~s mo~
•a^. w~ih all ptern~ums !/,ercon ~~a d in full, f~re ir.e.ra,.~ ~ n ii~~ „sual s'o~~:l ud pa:~t~ fonr. in a s.:~n aryru.rd by ~he h:VR~:~..C,EE. a~,J w~~,ds~o
surance in the us~al s+e~:da~d ~.u: cy form, in a s.,~n i ro.ed I.~r thr MJRiGAGEE, i~ wch con~pany or Co~n~,an.es af the t.^.ORf(,AGEE m ~
;1~rcCh and all lire a~~~ vvlndstunn iniu•Jnc@ {:o~~c~~'f o:~ an( 4f sa~d b~~'~J.ny7, any inlcri~l t~c~e~n or pe!t thr•CO1, in Ihe ayg~~~gare s~~n a4oresaid
~n eatess !her~of, ih~ll :er:!e~n Ihe ~s~.:l si.~ ~d~~d mortg ~grr ~~,iate o~ r..ch other c:~vse as Ihe Mc~tyagee n~ey rryu.rC. meAmg Ma ioss ~nde~ s+~d po
. es, each and every, payeb'e to sa~d :`,JRfGAGfE ae :ts ~n~rr. a~ ~~~ay a;,p.•ar, a~id each a~~J every s~ch pu ~c/ s~~a~l br pron,yt;y eu ynrd a~~d de•~v~rrc ~ j
e~,y he1J by sa~d A10RIG.4GEE es iurthar s.wrdy to fn~d ~a...~~y ~yc d•:~t, a,:d. no! iiu thon ten (tf11 Joys i-~ ad+.i~ue oi the e¦~.~,~~~o~~ ol ca:h poLCy. to d~ ~
....•r to ae~d MORSGAGtE a ~enewoV N..•rroi, toye~htr w~~h e<<c_~~! for d~•_. prc,r~wm of such rrnrr.a!: a~~d ~her! fhall br no f,re or ,n;~~.lttu~m ir,SurenC
r'acrd on any ol se.d bv~!d.•~gs. an~ nvrrrsl thcre~n o~ F.ait th~~r..~oi i.~,~ss ~n thr for.n a~•J w~fh the ~oss pa~ak.:e -ii et~rrie~d: and ~n the e:ent any sun ~
et money bcco~•,es pa~ablc unde~ wch poiity or po;,c~es s+~d :'.~?~[~i.vEt s~,~ll he:e ~he o~,•,on ~o ~eo:~:•. .:~~d o~:~'Y the ao~~:e on dCiOU'~t o( the ~ndcGt~d
~:..SS secWet~ h~ruby or to pennit fe~d MC)RTGAGORS lo ~ec.~~~e ent) use if O~ any ~;.,-,rt Il...~~~•ol f<.r otn~ • t.~'~ :.t~~s. ::.n ~,,.t }h .~ar.~ n•~p..ir ~
~nq ~ny equ~ty, I:en o~ r~gh1 ~nder or by v~uur of Ihis m.o~'~~yr, and u~ ~he evrnt sad MJr21GAGOR. sh.!1 !o~ any rr,+fo~ (ail to kcep Ihe fa:d p~em~s~•f so
,~u.~•d. ~r fe~I to dr•.~ver pro~+~N~ly a~~~ of a~~d ~~oi~c~r~ of ~~~s~"~~~cr ~o ti~+d MOR1GAGtt, or i,:o~~.~.~~y to Fay fu'.,y ony p~r~~~~„~n ~t~ervfur or ~n a~~y
~~•}:~cU iail to pc~}orm, d~ich..ry~, earcute, e(frct, co~nyirtr. Cu~:q:iy r,~ih and o:,~de by tl~~t cuv~nant, Or eny pert h~teo~. S+~d MuRi,:..>GEE ~~~ay p~a[C a~d
c.~~ for such ~nsur.,nce or an~ parr ~hcrcof w~~hout .n,a~~~~~g ur affce~~~~g any oyr,un, I~rn, eyuny, or r~ jl~~ u~~Jer or b~ v~r~ue of th~~ hloreg~ge, and thi
a~nount ol eech a~~d a•ery such ~,a,~~~en~ ah,,tl !x unn~rJ~~i~•~i cl~ e a~:d ~,ef~~~e a~~d sF~a;l b.>a~ ~nter~~s~ f~o~n ~ha da~e thcr.•of u~~~~i Nwd at the rate o1
~~~e par trntu~n per annu~•~ o~r.l t.;~•-t~~•r n~`h luch ~n.rrost ~r;.,~~ : r s.i•.,~..rJ by the I~en ol th~s mor~gagc'.
1. To permi~, commit or suffer no wa~te, in,pa~rrnam or d<tcr~ursr~on ot s~~d pro~~eity or any part thereof.
S. To pey all and s~~gu:a~ the cesrs, char9es and e.pe~~s~s ~n,~„d~~~~ a ir•~>o~jaV~:e a~ro.ney's fee a~d cosrs of ehuracts of utle, incurred or paid at
time by s~~d MCR1GAGfE, beeause Gr ai the e.e~~t ol th~ Sa:iurc un thr F~drt o4 Ih! sa~c~ M:JRiC>A('iUR fo duly, pro:>>ptty and f~~ly pe~form, d~tCh~~gt
.•cufe, eNect, co~npte~e, conN!y w.~h a~~d eb.de by ea:h ar.d e.ery ita: it~~.~~a+,;ns, ay~r..~~~~cn~s, cond~t~ons. and covrna~,rs of :o~d p~or.~,sory note e~~d ~F„s
~ orrgage any or e~iher, and sa.d cos~s, cha~qes J eapensrs, r~ch ~,nd u+ery, sha~l be ~:~~~+~d~a~~•:y due and payab:e; whethei or not thrre be ~o~~ce da
r d, attempt ro co~iec/ or sun penJ,ng; a~~d rhe f~1; a~~w~nt uf e.+ch a~~d ~.r~~ wch ;;~~m~~nt ahali uea. ~m~~rest hom the date +h_reof unril pa~d et the t
J( ~L•~f U2r icnf~m y,~•I dn~~t.~~~, e:K: .+~i~ s~.~~c~ (~,111. ei,a•_~e5 a~~.{ >'~L inC~rrrL~ Or N.1~[~, fpCJe7hC~ ~vAfl SVCFI InlC:N31. S~~dl~ b! sreured by ~he 1~@!1 Of tfhf ~
~nortgage.
6. That (a) in thc e~ent of eny b.rech o( rh~a Mc~~g~ge or dei.~,.ii on ~t.~ p~rt of ~he hSpRiGAGOR, or ;b) in the rvent any of se d sv:ns o1 money t
V~~r~~in refe~red to be not pro~r•NNy a~~d fu~~y {-h~d r.~rl~~n Ih.:ty ~,3J; dets ~::,..t .,~n:r thr s.,~ne sr.e~a ~~r becornr due and paYOL!e, w~thout dernanC~ m nohCC. ~
~ cti in thr event each and ev~r~ the snN~:at~ons, ayrec,ne~~n ce:,J~~.o~a a~:d co•:ena~~~s of sa d pro r.hwry note and th.s mortgage a~y o~ e~ther are not
! pro+~p~lti and futiy perfo.•mecJ, d stbug•~d exra.tcd. efteu~d, co-nHteted, co~~;~i~ed v~~rh and ek; drd `;y, ttien in e~ther or any s~:h event the sa~d ag
p. ~ote tum ~ntnt~onrd in said prorn~i~or{ n~.!e ihtn re~~~a~~~r~g ~~~y:a~J. w~th ~ntrrc,t accr:.c•d, and a.~ ~roneyt setured hrre't~y, Shatl kxtw~:e due snd pey-
forth,nith, or th~reafrer, at the opt~en of s.+~ci h~U~TGAGEE, as f~Ny a~:ei con,Nlcte~y ai if a~i ~f ri~r s...d su~na oS money were ong~na~ly s~ {iu:ated ~
pn d o~ wth day, jnything m sa.d pro•n~ssory r•c.rr or ~n th~s iLlortyaie tu Ihe co~~~~ar/ not+.AfisSa:uLny; and thereupon or therealter at the o~:~~on of
s ! h',ORTGAGEE, v~~tnc~t not~te or den,end, s~~1 a1 1:,.~ er ~n cqudy, thrrr'tore or tl~erea!r~r Leyun, n~ey be prosecuted es if ali moneys secured hereby ~
~.f r.;at~red pr~w to ~ts ~nstitut~on.
7, ihar in the e~ent thar ar ~he beg~nn,ng of o~ at a~y ~~~•:r p.nd~•~g any su,t upon tl~~s MwT~age, or to (oredose it, or to reform it, or to enfo~ce
~ .'~Cnf OF dny t~.+~ms he~cund~r, se~d 1dGRiG~~~iEE Sha~~~ aHjJ~ N tiic Ccurt ~i.j+ing iu~~eti•c::on :i~._~rou~ fOt thr d{>pO~nlmtM O~ D ReCP~vCr, iuC1i ~ovr1 ffiall
~~:w~rh a~iF c~nt a rece~.er of said r.iurfyeycd propc~ty e:! and s~n}v~a., in~i.,d ••q ~J r,d t~~:~~~ar ~F e~nco~~~e, prof~ts, ~ssves ard revenues from w~hatrver
z.,e dc+~vrd esch end e.ery of wi, ch, ~t Ge~ng e•p~~ss y.:~~ur~se~•u;i ~a fe~~ L; ~*~e~~<i+.icJ as spec~ficaity set foreh and drtcnLad in the g~an~~ng and
• rndvm ciausei hereof, and suth Recener shai; IIJYa' d11 tnr 't•.,rd a,d c~:rct~ re f~:• ct c, '•s ~~~d ~o:.e•s ~n anyw~se entrustcd by a Co~~t t0 e Reee~vfr, a~:d
s.r. appo~+~t~,~enr shai~ bc• ~,.adr by such Co~~t as an .,d •i~~r~d ,y;~sy .,~~d a ra~ter ef ~t,s:'.~re r,ght to sa~d MORSGAGEE, and w~the;ut reference to the
:~~~ey or ~n,~deq~acr of ~hr ve:ur of the proNe*ty c~o~~g~9ed or To ti.e w.•,~~.v cr ~~:;.:.encr of sa~d l,~.OR~GAGUR or tl~e deiendants, and that wch
•s prof~~s, ~nto.ne, ~ss~es and revenues she~i ~e zp~;.~rd t~~ such Ree~-+.c-r ac...:a.~~y to the i~en ur ryuity ~I said MORTGAGEE and the prachce of such
~ ,urt.
6. To du'y, Fromp~:y a~d iv:~y perfo•n,, d~s:hargr. r~~;::t, effecr. c:.-•p'.~r, cornN!y w~th and abide by each and every the stipuiations, agreemeMS,
d,t;ons and covenan+s m sa~d pro,n~sso•y ~:o~e and il+.~ ~n~rt3~~e s~•t fnr.h_
9. That in ~he event the ownr.~hip of th.~ mcr!~.,ged F,rr•~~~s•~s. or a•~~• part ti,~reof, 6ecomes vested in a perwn other than ihe MORTGAGOR, the
RTvAGEE, irs succeswrs 3~~d dss~~ni, may, w:•ho~r r~~nc^ to fr ',;~,~k ii;<=OR. d~~a~ wnh s:,ch wctrssor w succeenor in ~nterest w~~h refrrence 1o th~•
'i ~~gage dnd the dvt hcreby src~red ~n the sarne n~a~~r~er es v.~tt, :!~rt~,go~ J:~t1:ou1 in any way vit.ating Or d~icharging the hlcngagor3' lidbil~Ty here~
~e~ or upon th« dett he~eb~ secu~cd. No i~e of the {.~r•~ s~•e t~•_«~br ~~~o~~q-~_y•=d a~~d no fort.eara~~ce on the pa~t o~ the /1~ORiGAGEE or its svccessors
~ essigns ar.d no eate~s~on of the tc~:e Sor the Nayn.~•r.t ~i ti~e d•:t:r ir-_c y scc•~~rd g~ren Uy Ihe /.10RIGAGEE or i!s aucttssors or ass.gns, a~~all operate
~ <; re!caie, d~scharge, mod~fy c~~a~~9e cr aifecr ~i~e oriy,~:•~'~ l..u, :.ty of ine h.LR('vAGOR here~n, ei~her in whole or in part. '
1
`s 10. It is spec:f~c,i,y ~greed tha+ r,~ne ~s of tf~e esse:•:e of ~h~s co•~T~act and i?~at no waiver oi any ob~~ga~~on hereunder or of fhe ob!+gation se-
e
r .-~•d hereby sha'~ at an~ hme thr:rafter be 1~~:d to be a v.~~.er ot tl~e ternu harrcf or of the instru•neN secu*ed he~ y.
~ 11 In .~ud t.c .~o tF,c fu~•_yc • ~•++i~' ~ ~~h and ~.,r.... s• r~•~ .~ed tr the nG~~~ SSCt ~!C'r Si~urcd hereb mo;t a or covenanls
, r!, in ' irr.' .F~ ! { Y 9 3
' : r._.cs ro e to n.orr• c w~~h re~f: ~i;tt~ ~ ,.r ..,;i ; ~r~el s.: .~,.f t; n,o•r~ , ee to br e• ue! ~0 1 12 of ~Itr an:~uat cusf of the foliow-
( • ..J F / 3~7•~' !'e~ r' ~ ~ i J~9
b
~ A-r~li ~Eal ~,rOE..ntf~ t3a1S Icvi~~:'~ O• J5S<~5`.-_.1 d~.; ~...St IF~~.. ai.O~.n (~.~sC•••.~ t~ r.~:i{ C5'a+e. s
~ B P~_, ,^,s on (~re anef ,~v:cdsro~•,, ~ns~..~-:e i,.~~. ~n r q~,od to L•• ca~r~. d c•, +h,~ ;,roveme~ts s;wate on the at~ve dzsrnLed premi:es. ~
~ .
£ C~Prr:•:wn.e o'~ wch mort~ .yc r~ua~snty ir:s~'m ce .+s n~;•ty ~..:e ih'~:3~t !rc:~~~ , to .r dirm fit t0 Carry on the loan scc~r~d herebt.
:1or!g~qee sho 4'rcm t~-r.e to t~^;c ncr~f. mcrty.,g.r ~n wr~t~r.y of the e•-.ou~t d~~ and payab~e here~ndar and a~th su~n shall ihereupnn be due and ~
- .-t;:e on th~• d.,r d..!e o+ ~he ~~•r.r ~~:c•~+~~ ; o.ry~~•c-~t a~.d ~•cl~ auccess„re :r.o~+ri~ tF:e:eefr,•. !~I mortgegee shall not.Fy mo•t~agor of a change in such
~ ~ r~nt. $uch su~ns st a.{ k~e a~~~~.~od Ly mcrtgay~~e to,ne-d tl~e Ney~crnt ol reai prut,erty taxes, insvrance pre%.ums, and mortgaye guardnty insurante
~ . ~~ivms.
IN ~'lITP1E55 'tiHEREOF, The sa~d .MORTGAGG2 fias F.creu •.to set hn h:,~:d arR E~,I fhe day and year first a(oresa d.
" S~gned, Seatrd and de:'ivered in the presence of: ^ RECi ~
f 11E0 ~ O #
~c coux~~ ~ ~ cs~~n
~ gt' 1.
pGE~ P0?111?t Mic ae l R. onta ine
~ - R T COU (See~>
_ ' - - C~fRx ~a f ~ -
(Seaq
~ - - - ~tECO ~ ~rg' E. Pzef taine tseai~
` ~0 34 ~ ~
~ S,aTE OF FLORiDA O`C ~ A•~ ~
~ ~
~ u-
c ;U!JTY Of SL._Lucie- ~ 220543
:y Hichael R Pr fontain and ~
Bef~re me personaliy sppeared s_.__
~drC~le ~Zfs'fOlltd_111C his wiie, to me well known m~d known to me lo be -
ri~~ individ.,al• desa~bed in and who executed ~he forego~n instrume~t, and ecknowledged before me that they exewted the same for the purposes ~
Margie E. Pre~ontaine '
rhe~ein expressed. l.nd the said. ~
- - - - - - - - -
r; =e of :a~a -~ichael R. Prefontaine__ - - - • P i
_ u on a ae ara~e and wats ;
:.~m:nat:on by me ta~cn separate and apart from f~er said hUSt,and, atknor.iedged ~o end before iT~e thet she exetutrd said instr~,r,ent freely and volun- {
*-,iy and wnhovt any compuia~oq tonstraint, apprehena~on, p~ar of or from her said husband. ~
- WITNESS my hand and oH~c~al seel th~s l y day ef er_ , A. D. 19 71
;
- - ~ ~!i ~T~.t~~~~~ ~
' Notary Public ~d (or the 5 ate of Pbride at lar9e t
My Comm~ss eapires: ` / 9' 7 r ;
~T~~~ /
Retvrn fo:
F~rst fede.al Sa.~:~gs 3~oa~~ Asioc~,t,o~ f~ + NO~A~Rj,PSB ~N EXP R SF UGR~~ 6, 1973~
n' F • ~ ' . ' GfNcRAI INSURANCE UNDERWRITERS~ IIV~'
r..,~ c~•~,~., r :~,.,i, .
, .
_ ~'''~r,.. ' _
_ ~ • .
This Instrument Prepared By John W. CO
First Federal Savings & Loan Association ` ~ .
of Fo!t Pierce ~ FlOZlda . ~ - ~
~ r.'~'+' S
i~~~~~5 3
Checked By ~
~ - - - ' ~ '
_ ~ ~~~~97 ~2977 ~
~
= ~Y ~
_ ~ .