HomeMy WebLinkAbout1135 3. To p!acr ~^d co~tl~vous~Y ~eep on !F~e t:.,.i~~.as or i,~•,.,~re: s~+;:;~e on c~d !and a~d on s' v.~:r,..,,er:r a~~d peno•.ai1y covr~ed l,~ ~h~s mor
ege, w:th all p~enu~rss the~eon p.:.d in f,,,{, f~rr u s.;ra i_~ ~n ~•r: i~ s• Fo ~cy iunn, in a a..n, arP:o.~d t•. the N,Ok:.+~av:E, a~ J a, ~dsro
vu.+ra~ce in the us~~! sranc~•d yo:.cv tu~,~, in a s~m ,~.F r,..~•J c~ ;h~• ".k!kIGAGEE. in su:h co,;;:a~,y or c~~,,;~~n.es as the l.•J+~IV:.GEE m
d.reCl; and dlI {ire an~ ~n.nc~5tprm n:s~'jrtC2 pu!~clrs on any Gi s+:il bui.c~ ny1, any inl~•rr~t thar~Pir, ~r ~art Ih~~eJ~. ~n the agc~~cya*B f~~~~~ atu:r3~!d
in eacess ~hereoF, sha:l .onra;n fne ~s~.,a~ :!a d..rJ ,nor~~,g,e c.,usc cr s...~ o~hc~ t:~~se as iha 1,1c~ty:,3<e r~~ay rcy,.ie, n,aA„~g ~i~._ ;css ~~~d~~ s,,,u po
c~as. each and everv. Pa~a`_,'e to sa~d '.IJRiG4GfE as ~ts inrcr.st •cav o~ ~ rar. ,~~d e3:h ar.d e~cry evth po .c~ a!~al~ be prompti~ as~ y".~d o~:d dr..:~reei .
eny heid by sa~d r.1C~R~GAG~F as i~nhar s_•curity ro sa;d ~~~t :css than trn (iQ; da~s ad:..~:re o4 •:.r ea~.~r~r,~n ,;,f ~~e;h F•;':y. i~ d~
.,ve~ tp Sai(~ 41'JR?~~%+:~i~E d!BItL'Y~JI t/1t~IeJf, IP9B1I12( wnh a~eo_ fo• ih_ Hrr:::~um of s~ch re:~r:..;:; .+~d ~hr.e s~:~:' t_ ~io f:~e ~r ~~;.:ia'c m r,su•a••c
p~eced on any of said b~~!d.~ps. n~y =~~~erest {h~re~n or ;,~<< ~i:c•r~ot. ~n :h~~ fer~» a~~d .,~~h th4 :css pa~at.!e ~s r.!c,~es,,~d: .,~~1 in the e,em a,y s_..,
of mo~ey beco:~~es p~y.~ble under scch pcll,y or peLc~as s:a.ci :'.J..?G~~Ec s~::li ha:e the oEr,~~n ro r~•c;,~~~ iJYj'.)' = SJ:•1@ on ~c_o.,~~ ei rt;e ~.~de:;r~?
r.ess Secured herCby Or to ~er.nA Sd~d h10RivAi~ORS to t~~R~~~~' n•d ~s? il w-.,.i~ p~,.•t tj~,....~f t:,r G.. •,-..r ^n~s ~ r,-;;.~~: ~
, 1
~ng a~y equ~ty, I:en or r~ght ~ndrr or uy virtue oi ~n~s ~~~c•'~.;y~. a~:~f ~n +he e,~,~~t s~d MOR1`va~OQS shj!? ior ~ny r~ason fa+t rc kr~p ~he s.~:1 ~re~n~s_s so
~ns~r~d. Ot fai~ t0 dB~iver prcinptly a~~y Of s~i(J po~.c~..s of r.~su~~'.ce ~o s~~d ~1t(~RiGAG:E, er f~:. prC;n~.p!iy 10 f,oy :..~~J 3~~Y G'=.",'`:.^ t~•~.t~ivr Or ~n a~~y
resoecf fail ro nerform. d~scharye. e,~ec~rc, effect. ca~~p.~r~, co,.; ~:•h er~d a~:.i.: by ~i,.s wv.:~,., ~t, or a~~i p,~~t h~rrof, s.~:r1 !t~.ki~ ~.v-E ac•r ~ o
F~~ for Suth inSVrdr.cE or d~~y ~'.~!t lftar:CJf v~~rhOVt 1vdiv~^LJ cr a'~rUu~J an~ cF•LOrt, tifn, Equ~ty, Or riyt~t un~l.r o~ :)J ~~:~~ue o~ .•-~'y-+~^, a"•i
fuli amovnt of each and e.rry s~ch Hayin~~nt shal! !~e ~:~~~nad;ere f e!..r a~ d pa~.::s;e a:~d s~+a~! baar inrerc•st 4r~~n tha da'e ih~~rcoi ~nr~t H_~d ~t the ra~e oi
~:e per cenr~m pe: a~~n~~~ a~,u ~o;)_t1.~~ wch sLCh ~.~.~.~-sr .h.:~ 5:_:,~.d 1;; the ;~en ~~f ti,~s mor.gaye.
1. to permit, commit or suffer rto wa:te, in:pair::irnt or d~<<r~u:~ho:i of sa~d proFc~t~ or any part thrreof.
S. To pry a!I •md s»nu!ar th- costs, charges a~•d ei~~e~~sez ~~ci~•:g a re::so~~aL!e attwnev's fee ard cesrs of a~st.reb of t~tie, ln:vrrrd or pa d a:
~ny. timC by sa~d h1pRiGAGEE, because or in ~he ere~~t of ~h•~ f, ~,,r~ on ~ua par~ o~ ihe s.;~d i1JkiGAGOR to d~:y, nr~~,~pety dnC~ tu.~y ;:erfonn. d~sci~,3rgr
_xe:ute, effect, comptere, conply woh a~,d ai,de by each a~~d ~.rr~ ~he at,~~~lo!.cns, agrc,n:ents. tonc!~!:ons. end co.e~~anes ef s~d p~ci:,~:»or~ nv~e .::.d ~h~s
•~o:rgage any or e~~her, and sad cos~s, charg~s a~~d znpar.ses. ~e:h .,~~:J ~:e~r, sha,~ ba m:n,~•d~~fc;y d~..e and payau,e; ~h_~~h,e~ or net :nr~e ~e ~o~.e d~
r',a•~d, altempt to co;iret or suit pend:i,g; and the f~t; a:nu~nt ot i ech a' d e~er y:._~ ^a„n:em sh.~lt bea~ uit~•rest f~om th> da;e thr~raf vniii pa~d at ti~e
v~ n~ne uer c~~vu•*~ ~ er on ~n~ .ii~ sa~d :~•s`s. :t:a'3r5 .1 c.. ,_s ~:tv:rrd er po~d. tog..•i~ er w,th sucl: ~e;~ecrat, Shnil be sec~rcd 'oy the tirn of th.t
,no,~gage, -
6. That (a) in the event of any breach of rh~s Mortgage or de'~..~t on t1,e p. rt of the h10RTGAGOQ er ;Ei~ in the e~em any of sa d suTS of money
t~crein referred to be not pron:ptty dnd tu~;y ua~J v.~~!~~, tn.~t. .3~ ..,,z r~•,- ~~c s_~~-;r sr:r•a'ly teco•,;r d.:e and pa~eb'e, wl:t~~~~ den,a~~.d oi ncr~te.
; r ;c) in the event each and ever~ the stipv!anons, a~rrrme~~rs c. o~~s end cover.ar~ts ci s~ d p~~~~~~sscry r.ota anJ ~h,s murtgage' any or e~tkrr are not
i,,:y, promprly and 1v~ly performed, d itha-~ed, eaewtrd, e~ie.red. :r.,~:~-r:d, can~>::ed w~th a~~d a6~ii~_d 5y, then in e:her or any such event ~he sa~d ag-
;•egate sum mentic~~~td ~n sa~d pron,~ssory no•e then re:ca~~~~:~.~ u~ ~ v.~rh n:rerr;t a:u~ed, o^d o:; mo~r,a securc-d hzreoy, shali tncwne d~e a~;d pay-
a:; r fo:thwith, or thereafter, at the op'~on of s~~d '.!O~'G'rv~E. es y o~ ~ co'~~plrte:y oi if a~~ cf the sar:1 sun:s ef mor.ey ~~ere or,g~na:iy S~ p~:atrd
~ be pa.d on such d~y, anythiny in sa.d pro:r~ ,sory nc!e or ~r. ii~~s ;.5~-rg..q., to ihr con`rary noi.v~thsr~~~d~ng; a~~d thcreupon or thercafTer at ~he ct:t,o~ p/
d MORTGAGEE, w~thout not:ce or demand, sult at ~~w er ~n eyun_:, t;~~- ~:ore ot therre!trr beg~n, n:ay be :;resecuted as if a!1 moneys srcured hat4tty
r._d matured pnor to ~ts ~nst~tunon.
7. Thar fn the event rhat at the beglnn n+3~f or at an; * e p~,~d.: g a~~y su:t u,-en th,s .V•o~taa3e, or to !3rcrese it, or to re!orn it, or to en',oree
;.~vment of any c~a:ms he~e~ndrr, sc~d ':,J2"v:.G'_E s~,a ; oF t~ rke =_~t hsw~~.g i~r•sd.;e.:,r: r..~,,,,. f,~r fhe app~:~~hnrnt of a Rece~.er, s~ch Cc~rr sho~E
r-.thvrith appcmt d reteiver Oi said rnertg~ged property a~~ a~id e~•:yv.a'. lr: : g and ;~n_~.;:e' tre ,inton:.e, prof~ts. ~sS~C2 dnt~ reven~es fro.T wh3tz~:Cr
s_.rce drnved. ea.h ard every of whch. be~:~g eaF?r.:ss'y .;:::1_•::~c,J. ~s tz;•__~~ ,,..c.•3~n_d as ~i spct.~~cd~:y set iorth and desuibed m the g,anf~:~g a~:d
~..::endwn ciavses hereof, and s~ch Recei~er sha:~ havr a:: i,~.oa a~d er~cK~;.e t~•~r. c~s a:;d Fov.r.s m anyw~se entrus!ed by d CJJ•t to a 6e.e~ver, a d
s__h ~N~GIR'T.C~11 SF.3~~ 5e r.~ads by svch Cevrt as an ad~~~r:.d ~y~:ty v~•d a r.~r:~•r oi a`,so!.~ir r,gM ro aa~d N+.7RTGAGEE, and M,~:t~cut ~efrrr ;e !o thr
a~.l,q:•3cy or inadeq~acy ot tF.e value of t%~~ pro,,~~ry me~!a~ged cr to rh_ s:, .~~:c~ er .enc~ ot sa~d MORiGAGOR e+ tF.e det~~,c~a'~ti ~~d th~t such
e~ n, proi~ts. inco•ne. issues and rever.~es sha~i be app.~ed cy w:h Rec~~.er ac,or.i,..g to the i~en or rquity o' sa~d h10RTGAGEE and the prau~ce of such
CouA.
8. To d~!y, ~,:~mnt!y and !~i'y pe~form, d:scF~arge, exe:ute, efrr:r, co-•p,.•Te, to:nF:y w~th and abide by each and ever~ the stip~fat:ons, agr~ments,
:ondit;Gns ar.y cove..anr~ m s~~d pro-nissory ncte a~ld ths rr~~rty.~-ye s_T i;;rti~.
9. Tha~ in ±he ev-nt the c~vnershlp of rhe morrg~ged p~e^:~s<~s. o. a~•y part tnerecf, becomes vest~~d i~ a pe•son osher than the MORTGAGOR, the
. C2TGA~3EE. its succeswrs ar,d ass~qns, may, wi:ho~t rcf~ce to ehe .'.,vF.iG~~Jk, dea: .v:th s~ch svccesso~ or s~c:esso• in Ertterest ~n~th refere~'~ce to th~a
~-~gage ard the de•bt ~ereby secu~ed in the same r.,a~n~r as w~fh ~.1c~'3.3go* w~~h~u! in an, ~vay vir.at:ng or datha~ging tl~e f.lo:tga^yors' i~abi!it~ hcre-
.~:der or upon the de~t heiee~ sec~~ed. rio sjl~ ot the F-e~ srs h~_+r::, •~.c~tg;y_~d a~d no fori,earance en the pact of the ?AORTGAGEE er rts s~ccessors
;;r ass~gns and nc ea+e~~s~on ei ~he rrn.• for rhe pay~~ene oi Ti e dr'.:~ he~~: y sc~cu•ed g~ven by the t.tpRTG:+GfE o~ its wcceaaors or o»:y~~a, ~:~<<< ~Nr~a~r
j ~o re~ease, d~xharge, mod~fy change or affect the o•:g.na~ ;,a:~ , t~ o! the M.ORiGAGt~R t.ere~n, ei:her in whoie o+ in part.
10. le is scec,f~:a~iy ~o•eed that time is of the rsse:~ce c' tF. s cc•,tracr and ~hat no wa~cer oi any ob';ga!:on hereunder or of the ob?igation sN
! ...•ed hereby Shai~ at ~ny hr~F merratter be k:eid to hP a.v..~.•e: oi ti•.r te:~~,s herf~uf or of the in:trv:nent sr:ured he.by.
S 11. In ~~Jd tlo~ ro th? fore3p ~;:o,•*i~•y Uayrt~_r.!S ot i.., .c ~~::d i~r, -•:s' ~e?.: •,d by the p+o~r ssery nc'e s_cured hc ~_b;, mo~tg~3~r covenan!s
~ , ~ a r;:es to a to r:orr e.+~th ea;h c,n.n y;;,3, e,.• dC c... .::;3: Sd". cS' ~'t'C1 b~ ~T,r*y3ger 'o i:e e•~ua; eo 1 12 of t;~c• an~.~al cos~ of th_• foiio.+-
9 'r ~'9`'
~
~ A-A t rEal Fropr.ty tax:s le.~ca or ass~ss_c: _~~s~ a::o::- r!~c_^:..~ j._ at es~~•e.
3
i 6-Pr ns o~ f~re and ...~:ds,•, u,w~a~ ce zs i~.r~~ r, :._d r~ b;. c! c.• tti•t . ,:•OV.]m2 ~!5 ~~tva:e cn tne aho~e d,s--i:~.~ Nre~•lses.
~ G-Pre n~ums on wch mort~ ~ae 9varanty rs~~a~.ce .;s m~ tg.yee sna ! frc•~ t r e to t••ne deem fit tany on the ~oan tewr~d herroy.
" .'ortga~ee s``7J E•c~.} ~~r•,e to t, - e«c•if ~,T _rt~.;g_r .n r. .r:~',g cF ~e n c.. t d~,e ar.d paya'c~?e hereun ~ and S~~rfi su~~ ehai: thc~c~pon 6F due ar:d
.:able on rh~• d~e d:.* of !h~ nc.t ~~~u ;rh;~ c;.:ye..zar d~: s.,co_ss~:e . ~:~4i •:.e,<aft~r vctii mortga sha'I n~t!fy r^~orty~yor C~ a e^=n~e in su:h
oum. S~th w^~s s! atl ~;e a:;e~ ± by mcrtga^y:e tov:a~d !t,~• ~•eT + e~t of ~r p~ce,err~ !axes, insur~ ; em.~.ns, a:~d mort~ay g..~~ aMy ins~rance
1 :-•e~riums.
IN L'lITNESS :'JNER~OF, the sa~d lhORTGAGOR h~s here~ :tc se! ie:s h~.~~d and s«~~{ the ~ay a. fir afo i.
Signed, $eated and de:ivered iq tfie Frese.^.ce of:
~ , ~ ISeaq
e s s:`~~~-~ r~ t en _~sean
C
- v - / G j (Seal;
,:Fy . .
;;:ess__ ~~._~'~y)~~,,~-=--- _li2a eth ?t. O Steen _ cseaf)
;;AiE OF FLORI~A ~
u.
~~UNiY Of Broward _ _ i
?tuhv iy, G~ `itC-Cri and
Before me ~raortally ap~'~•e~±
~ Elizabeth .'•S. O'Stcen
his wife, to me wefi knav~n and k~ovvn to me to be
~ ri~e ir.dividuais destribrd in and who execused the forego~ng instrument, and acknow:edged be~o+e me that they exetuted the s~me 4or tne purposes
~ there;n ezpressed. And the sa;d__ E 1 i zabe L h i~;. 0~ SLFE'I] _ _
.,l~e of rhe sa~d __T Z uby B_ Q~ S S.e eil _ , upon a separate and prlvate
=~>y ~*am~nat~on by me taken srparate and apart from her ia~d husba~~d. ac~nowiedged to ar.d beiore me that she axec~ted said instrument hee+y a~d vo ~n-
~anty and vvnhout any compilision, constraint, app:ehens.on, or fear of or from her said husbartd.
WITNE55 my har.d and off;cal seal th~s ~
v__ day ef~____ ~`he r q• p, ~q-~1
- u?sG~
~~s f 15, 1975
Nota •PuElic in and or t tate~ oT~Fb~'it lsrpe
' M omm~ssion expires: ~ .
Return To: ~
first Federal Savings b loan ASSGC!d1.JC1 3'~'~ j
G! io-t ~•.rc•,
F~.r P:z~:z r~:,::1, FiLEU :,OUli1Y fl~-
Sj.~~
-~~;F.AS
= RO{ ' -
CIEa `~~:tC'c~4 ~OU~ ~
; This Instrument Prepared By John :i. Coilir.sR~~~a~ ~ R~yt9t
First Federa! Savings 8 loan Association ~C ~y~ i~'t Cn ~ ~
of Fort P:erce , F lor ida
. 223.~~'~
` • Checked BY ~
~
g~aK198 ~~i134
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