HomeMy WebLinkAbout1525 3. To p!ace a^.d co^'~nvo~s'~ keep o~ '~.e a~.o: cr h~•~~ ,rcer e,1:,tr c~ s: d'~~d a~.d on a! eq.,p:*•rm a• d pe~son~~ y covrrzd br ~h~s mor
age. w:fh atl pren:,~ms ~hrrro~ Da d,n f.. f•c ,,:a_~a. .n ~n, , s~ s~., d.,•J ;x; c~ iorm, in a s_m rF.;rc~ad b~ 'he ,ti•,Jic.~:.~i:E. a~ d w~~,~sro
~nsurance in the ~wal i!a ~~~~rd {:a cy ;o~m, in a s~~•i a~ ~,:.:.~•d t~ !ht .`d.:R7G.~G:E, Ir, s~:h to~^pany or co •~~:an~ts as ~r.e lt10~T~AGEE R+
d~recr; and all f~~e and w:n~ircrm ~ns:.•a~cr po:~c•rs o~~ a~~i of ss d b..~ d.~gs, any ~nierasr fhrrr~n ar Fart thr~eof, ~n ~he eggr:g3~e s~~n aroresa.d
in excess the+eof, shai{ :omain ~ne us.;_~ s~a• dard :nxr~, j=e c n.,se cr s.::h eehe~ c a~se as ~hr 1.1o~rga~ee rray req~ re, mak~ng rnr ~css undr~ sa~d po
c~es, each and e~ery, payab`e to sa~d :V~JR'v4GEE ~s :~s ~r.~_:;st r.,ey a,:; ea~. +^d r3ci, ar.~ e:erv s~th F;,: .c/ sF:al~ Oe p~O~rphy ass g~~cd a~ d de~~~a~ed
any hrid by sa~d MORivAGcF as fu~fher scc~r~ty ro aa~d ~ or+~.+3e a-::T• a'J. '~a~ •<ss tnan t~n ; d3,t ~d.a+~ce of tna eap~~~} on o1 ejch po~~cy, to d.
..ver to sa~d NORTGAvEf a renrwal iherrOf, to~e+he~ N~rh a r~c~ :r tor rhr p~~•,~.~..:n of s~th rr:tir+~a:; a:~d ~ierre sh~~! b~ no f~re o~ ~~~sic•+n ~ns.,ranc
p!aced on any o1 sa:d b~~:dr,gs, any interest there.n or part rr,~~rcol, v:~s, ~n ~he tc~:~ a•~d r~~h r!~r es~ pa,a;.e as a=c~esa~d; ard +n rne e.r~~t a.~y s..~
of money becomes payabfe under s~ch potky o~ po!,c~es s.+~u t:,JRIG=.~•ce ~'~s:+ ha:e rhr e~~+~on ro ~ec_ :e s.~d apF.r t.~e sa ne on acco~n! ol the ~~~dac~ed
cras secvred herrby ~r ro prrmrt sj!d .'AORTGAG025 ro rz:r~.e a~d use ir o~ en~ ;..;t ~,...•.,~i rc• o~•.s ••=.•.'3 "
;ng any equ~ty, i:en or ~ight ~ndrr or by v~nve ot th;s mc:~g.~ge; ar.d in iha evens ss d,~1~~T~,.~~Q~S^sha l;or any r:ason fa~l to f~rep ihe :a•d p~zm~srsuso
;nsured. or fa~l to de:~ver proa,ptiy any of sa~d po~.c:_s ot ~.s,,•a~~.a to s3d MORiGaGcE. c: n:. p:~~~.pr;y ro Fay f~,:y a~y p.a.^~_~h rnc<<TCr or in a~~y
respect fail tu perform, d~scharge, execurz, zfie:t, c3•nN.rtr, cc~pi~ •,,~~h a~~d ao~dr oy rh.s cova~a::r. er an~ ;..+rr F~~rcei, s.+~d MG~~:,-:G:E n,ay p~aca a o
. . . .s:.t 3...1 ~i.~
pay tor auch insurance or any part tnrreoi w~inoui wo~vuy S~ etf_.:,ng ary ov;,o~., ey.:,;Y. ~.~;i:;• .
t~ll a~nount of each and e.ery s~ch pa~~nenr si~i~t 6a ~nrd~a~evi J,e a:~.d ~a~eb.e a~d s!~a;~ b•sar :nter_st frerti.th: de!estnereof ~n7~: p_~d af fhe rare o1
n~ne per cnmu:n Fer an~~u:n ond 'o3a'I~rr w~•h s~t~~ i~~•t"~st sii~. s~~~.. cj oy ihe ~:en of th~S mo'tgagt.
To permi?, commit or suffer no was~r, in:pa~rc,ent or ~~'ft~0:3~•J+'~ cf s~~d p~operty or any part thr~eof.
5. Io pay all and s~~gu!ar the cosrs. charqrs aed eaFe•'.ses, .~':..d~~'9 a r.~;se~+ab'e att.rney's fe~ a~d cesTS of abs!racts of t~t:e, incwred o~ pa~d at
•~y tin•e by sa~d AICRTGAG'_E, beca:sse or ~n ~he eYent o~ :~e f3.:ure on ii,e parr o4 ~hr sa:d 1~JRTG~GQR to d~.y. pro•~•p~~y a~d fu,~y pe~form, d~sc~a.•ge.
e.~~cute, effecr, canp;ete, canply w~~h and ab.dr by ea:h and a.ery rnr sop;, 3t o^s, agrea n-~nts, cO:~d~c~ons, and cove:~a~~rs of sa,d pro•r,~;,ory note ar.d ~~:s
-,o•rgage a~y or eoher, and sa d cosrs, charges a~d ea~:rnsrs, ea.h and e~rrY, sha:~ br imm~•d~aie'y due and payab.e; whe+her or not tha~e oe not~ce d~
man~, attempt to cotirct w w~t pend.n~; a~:d the tu~I a•~,cunt ei e:,ch a:~d e=e~; such pa~ment sh.,!i bear ~nr~~resi i:om rhe date thrreot vn~i! pa~d at the
o' n~ne per cent~~n i:er an::~ n; s~~d ccs~s. cr,ar3rs e~~.i c._~~ s~s ::~iu~red or pa:d, Teger~er w.th wch ~nterrst, s~a~l be src~rzd by the iirn of th.s
mortgage.
6. That (a) in the eve~t of any brcach of rh~s J~lorrgage o. de'a„ir on t'r,e p`rt of ehe A'.ORiGAGOR, or ;b) ~n rhe event any of sa d sums of money
Ferein refe~red to be not Fr,;;nprly and fu~ly pad ,n~~~~., ~n..~ ?.i. .i~.s ~a.• a.r.:• :~e ss~.:e SB.<"3.( eeco...e doe 3^d Fd'rJ~~C, w~tF~JU! drmar,d or net~cz.
cr in tha e~ent each and every the S!~pu.dfi0'~S, 3~reemr„rs. co~:d.~.o •s ard c~+r~an~s of s~ d pro~,~sscry r.o~e and th:s morrgage eny w e~rher a~e not
j~:y, promptly and fu11y perforrned, d s:ha~ged etac~ted, etfec~ed. co npie!ed, comp..ed w:ih and ac~ded ~y, then ~n enher or any suth event the sa~d ag
~rega!e sum menrioned in sa~d prom~ssory nc~e then ren:a~n:~:g ;,rpa~d, a,;rn i~~*rrc;r aca.,rd, e~~d a•: ~non2yS sec~red hereby, sfia~l beco~ne due ar.d pay-
ac e fo•~hw~rh, or thereafter, at the opr~on ot s~~d •UOR:G~GcE. .~s fv::r a~~: eanp:e*e.y as if a~ oE t!~a sald s.:~s of money were or.g~na~ly st.pu.ated
to be pa d on such day, an~ih,n9 in sa d p~o:^.ssory note or ~r. ~'r~~s :1ort^ya3? ro tne co~~~~ary not:..t6;t3nd,:~g; and thereupon or tnereafrer at ihe opt~on cf
s..~ MORTGAGEE, withcut not.:e or demand, s~~t at iaw cr in eq:,,ty, me+t'ar_ o~ therratter bcg•.:n, ma/ be prosecut?d as rf all moneys sec~red h2reby
^.:d matured pr~or to as ~nst~tur,on.
7. Tha! ~n the event tha+ at the beg:nn.ng of or at any n~~e ~.erd~•~g a~y sv t ~Fen !~^s h'a•ta~3e. or to forectcse it, or tu reform it, or to enforce
:ayment of any c~a~ms !~e~evndrr, sald t.1,~.QTvkGcE a~a't o~p ~ w rF.c ~c,;~r ha.:~~g :-nde.o~~ :^_•~r~t fer ihe ap~o:nnr.ent of a Recewer, such Co~rt sha~l
i_:~rh.vith appoinl a rece~ve~ of said mortg3ged proper!y al; and s~y...ar, i:~;.,;d a~: a~~d s ~;gu ar T~r ~^c_~*+e, p~ci~rs. iasues and revenues from whatever
s_ urce dr~ived, each and every of w~ c',, be:r.g e¦press ;~:dc:s~:.~.~ ~s ~r•_;, n,org,~_•d as spec frca:iy set ferth and descnbad in the g~anr~ng and
^•3cendum c.avses hereof, ard such Receive- sha~; haae a;: tRe o~.:a~ 3 d e'>rcr.va f~ -ce ~•:s ~nd po:.e~s ~n anyw•se emrusted 'oy a Ce~~t to a flzce~ver, a~~d
s_ch appointment sha~l be ~*.a3e by s~ch Ce..n as a~ ad ^r,rrd ~q.r,, a~~d a~~ a+r~r c* a~s;. vte r.gM ta sa:d MO~•.ur+vEE, and wr,ho~t reference to ihe
a~+eq~acy ar inadequacy ot t! e va!ce of the proYe~ry n:o~ry~ged e~ T:: s~ .~^c, o. :e~c~ ot sa:d Y~OR;GAGOR or the deiendants, ar.d rhat wch
•_~~.rs, profits, income, issues and revenues Sf:3~i i~z ap~.rcd oy wci~ Rec_ .~r LC:Jf~:.~tg fJ !F@ i~en or eq~~ry of sa~d MORIvAGEc and the pract~ce of such
Cuurt.
6. To duiv, promFt'.y ar.d f~:;y perEo~m, d:s_harge, ear:~~e. ei+e:r ccT.plrce, cc~~,~~t v~~ih and ab~de by each and every the stipu~ations, agreements.
~ditiona and covenanrs m se.d prom~ssa y eote a~:d :h s+r _rya~e s_t to-rn.
9. That i~ the eve~t rhe owne•sh~p of tFe morr~aged Fre:~: ses v~ a+y :,a~t ti,erec.', 6ecomes vested in a pe~wn o!her than the MORTGAGOR, the
.'~RTGAGEE, ifs s~ccessors acd ass:gns. may, ~n~rhouf ne~::e ~0 1^e .Y.JRTv~OR. dea~ w~r%, such successor o~ s~ccessoi m~nte~est wah reference to th~s
r~~•tgage acd the debt hereby secured in tne se•Te n:a~~::er as ~.'h ~.SCr'~d^yJ~ vv,rhout in any ~vey vit.atirtg or d:scha~~ing the hlortgigers' tiab~:ity here-
~~der or upon the deC~ hereoy srcured. No sa e of ihe tre~^.s~s h_reb. •r,o~e~~ged a, d no forceara~•ce on the Fart ef ihe l~1pRTGAGEE or in s~ccesson
assigns and no eatens~on ot !he t~n:e tor th9 pa~~r~~t Gt tre tleb` r~^: secv~?Q g~ven Dy ine ~:~VKiv~+vE~ O: ~t~ Sv~lraSw3 Ji u6S.y~~3, a•ld~. v~.2~d:B
ro re~ease, d:scharge, mod~fy chacge or afie.r tne or:~,c~ai ..ry ct in, ~X~Ri3Avt~R he~r•n, e+rher in whoie or in part.
10. It is specf~cali f ag•red tha+ t~~ne ~s of the esse~ ce cf rh s co ,rrac~ a.^.d that ne waiver of amy ob~'gaT,on here~nder or of the oblgateon se-
f cored hereby shaL at any tir:e mc~rear!er be h::d to be a.va~,rer of rhe terrns nereaf or of the instru•^ent src~rEd herby.
i ii. tr. ~ddt:o~ ro th-~ ioregc.:.~ n„n:h'a p~~.•.,nrs o• a;d ~._;;s~ r re~ by the Frcmi;cry ne•e s.c.:red he:_b/, mCrtga^yor covenants
!f ag~res to pay to r*:o•tgagee n~rh e~c~ ,•o~~•~ y ra,~ e~~r ar. ad~ ~a~ s.:n cs• • a~ed o~ mortgager ~o br eq~a~ t~ i, 12 of ti,e a:~ ~,a; c~st of the foilow-
I '
~ A-Af~ rea! property !n.~:s te:~e: or 355•'Si^:i dyli~5' c^7:~' CS~;:. ~_~i ._a es•~'e.
~ 6 Pr~-~•,,, ns on f,re a~,o a!:•.osre-..• ~e5_"d:'CC as r~G: -_•d +o b_• ca• r• d r~ the r.-::rove.ne~ts s:tva+e on tha a5eve d=sc~~~~ed premises.
C-P.e~-~~u~~•s oo sv:h n~~rt~:-g«^ g,;a•a~r; irs:,-a~._ as ,;~;ee 5"3+ "~P d,e~=: 1~t ro carry on ~~e ;oan secur~a hereb/.
s M1lartga~ee shj i t~or. i~.,.e •o •,,,e ne• c~ .ncrry;~~ :n r.•~~ 04 ~ , t d._= and pa~ab'e hereunda: and s~~ch suT shr I trrreupon be due and
' :ab'e on th~• due c.:•_ ei rh . o~t c~, , e~ s.,.~_ss c• uv h ~•~ea+r_, u~.r; Tcrtg~yee sha:l not f~ mo-'3a~or of a change m wch
~ ~unt. Such SJ'T15 s^a i be arF~ ~ed Oy ~T~,1'y^3j-'Y ~J:•d d r.,? } a~~^e~~t uf r.a: N~oFe~ty tanes. insura:ue prem.~ms, a~d me•t3ag~ g~aranty insurance
~ emwms.
~ IN YJITNESS .'iNcR=OF. Tne sa~d A'.ORTGAv~^,R has hereu~~o se+ h~s h~rd a~~d s-~a~ she day ar.d year first aforesa~d.
: ~
~ ~.Siyned, Sealed aad ~deliv~e~ed in the preser.ce of: ~ ~
" ~ %~1 ~ _ ( t ' L~.'_ - - -(Seal)
~ ~
~ _ i arl ~ _csean
Y ~~r~. ` - - ~ ~ ~ cseao
~ Slanche Pesrl ts~a;~
~
~ S".1iE OF FLORIDA ~
~JUrJTY Of St. 1+11C~B I ~
~ 1j~ .
~s Before me persona~iy ap~eared _ . . Phi1=L Pearl a~
§ Blanehe Pearl _ _ h;s ~,,,;fe, to me~~reU k~Yid~i~4iu+ to me to be
u
~ rhe ind~vid~ais descnbed in and who eae:uted th~ forego~~ig instrument, and acknowled9ed beFore me that they~ aXatyt!!~ t~w lerpd~'tha purposes
- rherein expressed. And tFe said_-_-.--__-____ B1anChe Pear2 '
Phili Pearl ~ ~ ~ ~
..;fe of the said - ' upon a arat~ end priwte
e~am~nat:on by me ta~en sepa~ate and apart from her said h~sEand, a:~.~~o+~ledged to an~ before me that she exetuikd ~:ihstrume~fl~lr and volun-
~a~~ly and w~tho~t any compu~sion, constraim, apprehens,on, or fear of or from her said husband.
WITNESS my hand and off:c~a? seat th~s - 31-~ _ aay cf ~Cemb@r - '_tk: p, 1971
~
_ ~ ~ ~fi ; ct. . -,~.-=-r--
- Notary Pub~~c ~n a~d fw the State oE` ' a~1d Lsrge
" My Comm~ssion eapirer.
Ret~m To:
F~rst Federal Sa~~~~s 3 loan Asso:~a~ o~ F~~Ep ^ti:_ ..}~C,r,~QEO NOTARY P(?gu~, g~q~ ~~ORIDAat LAQGE
O~ :c,f v.:c~ $T.IUC~_ ...%JN1Y fLA `U MY COMMI$$10~1 EXPt..=S S~?T.
Fo~r P:~~,:~ r.: ~ a0 AS T"~\ Bonded Br Amerkan Bankets i~ 25. 1975
q c r~ c 1~- ~ ~ C U R rrsurance ~:o.
This Instrument Prepared By John W. CO~'ls~ ~ 4? P~
First Federal Savings 8~ Loan Associat~on
of Fort P~erce ~ Florida ~a 2~~~3 Jr
Checked BY - -
s~ BOOK~~ P11Cf~5~
l~s
.