HomeMy WebLinkAbout1576 3. To p:ece and cont~r.~o~str keep o" '~,e t..; .i,~.~s cr F.~••:,~!rr vr;:~te e~t s~~d ~and and on rq.,~p~~,em and pe~sonaily coverrd by th~s mor
ege, with all prcn.;,,.•,y ~t,~reun pa d~n 4~.:, e.•e n.,~e n~h: ~s,._,i ar.~.d+•d pc ky form, in a sum aHproved by the h'IOR~v.~ia:E. and wnijsto
~~surance in ~he ui~a1 s~3.1.?~•d pd cy ta~m, fn a sv n 3~t iJ.rt~ t.; the ,ti1JRiGAGfE, in svch compa~~y o~ com~.an~es as fhe f.'~ORIGAGEE m
duect; and all (i~e acd w,ndatorm ~r.su•an~e po ~c~es on any of s~ d bw d.~gs, any inrerest the~e~n or pa~t thereof, in ~he aggrega~e sum afo~esaid
in eacess thereof, Shal) .;,nt,,;n the usJal s~a~~d~rd mo'!3~gee t~+~se or s.;:h othe~ [~~~se as the Mortyagae may requ.re, maAing t~k ~oss under si:d po
: es, each and eve.y, pa,~~'e fo :a~d .\1JRTv4GEE as ~~s ~r.f~r,st .ray a,.pear, a•~d each and e~ery svch po ~~y s~~a~l be p~ompt:y ass g~~ed a~~d de~~vered ~
eny held by sa~d MORIvAGcE as further srcuirty to sa~d ~~o:t~~3a d_c~t, a~~d. not iess ~han tan ~!01 d3ys in adaance of the e~.pi~at~on of cach poGCy, to d.
1.~e~ to aa~d A10RiGAGcE a re~~rwa~ tnereof, toge~hrr w~~h a r~•c~~~~ t far ~h~ prv:,:~um of such ~ener.ai; a~~d there stia:1 br no i~re o~ .,,~~~dsio~m Insuranc
placed on any of sa~d bu~~d~~1gs, any inrrres~ there,~ or pjrr ~i.~r~-of, o•~,s ~n ~he Icr~n a~,d ,n~Th the ~css pa~.~61e as a`c+eaa;d; and in the eve~t any sun
of money becomes payab:e vnder such po~~cy or po' c~es sa~d A'JF~SG:.v~: sti,il have rhe opt,on to rec_~.e ~^d app:y ti~e sarne on ac;o~~v of the indab~rd
nrss secured hereby ar ro pe~mit sa:d MORTC'~AGORS ~o rec.~~vr and ~se it or a~,y ;•:~r ~h•~,roi te~ p'n•." 1.~~' ~Sci. ~'..tr~..t rhr~,,; ...:~.:+3 ~~~~p.:~~
~~g e~y equrty, len or r~ght undrr w uy vuiue of th~s ~^or'gag<; a~~d ~r~ ihe evenf aa d'~10nT'v~GORS sha!1 to~ any reason fail ro kaep ~he sa~d pre~»~sas so
,nsurrd, or fail to dc:~vcr pron,ptly any ot s~~d poi.c~~~s c! ~r.sur,~~ce to s~ d~t10RiGAGtE, or f.,:! p:on,p,ly to pay fu::y any prr:n~~~n tnerefor or in a•~y
,~;r~„ :o;; arye, e~cc..re. ettect. co~np:c•rr, co~:~;~ h~th and ab~de by rh,s c~.enan~, o~ any p.xt hrreoi, s.j~d MGRi~AGif ~nay p~ace a~a
pay for sucA insur.~nce cr any part the~eof v~~rhout ~na~v~ng or a+fe.ring any oN~:o~, i~en, equny, or r~ght under or by virt~e of shis Mo:tgage, and thc
!,,!f amo~ro of each ar.d e.er~ suih pa~mrnt shaii ~~~~o~ed~ate~~ d~e ard ~yab~e and shoil bear interrst from the datr chcreof un~il p,,~d at the rate ot
e pe~ crnturn per an•~~:n ~~d to~~•+i~rr v~+~h such ~nc~~r.sr <n~.. S~Cv:~'~ ~~y the S;en of this mortgayr.
1. To permit, comm~t or suffer no N,aste, inepa~rmrM ct dcT:r~orat~on of sa~J property or any part thereof.
5. To pay all and sing~iar the cests, charges ar.d exF:enivs, ~~.:ud~•~9 a reasonable ateorney's fee and casts of abstracts of fit!e, i~curred or paid al
eny tlme by ss~d A',ORTGAG`_E, beca~ae or in ~he evr:~! of tne fa wre on ~ne ~ar~ of ehe said 610RTGAGOR to duly, promptiy and fu~iy perform, d~scharge.
e.ecutr, ei'rect, comp;eTe, ce nply w.th ard a6:dr by e~ch and e:ery ihe st~F:~~a~ ons, ag~eeme~~ts, condmons, and covenancs of sa~d pro•nisso~y note and ~his
,,ortgage any or e~+her, and sa d costs, chargrs and eafensrs, each and e.ery, sha~{ br immrd~ately due and payab,e; whe~her or not thrre be no~ice da
~~a~d. atte~npt to co::ect or su~t per.d.ng; and tfie !~,1 an~wnt ci each a:.d e~:~~~; svch pa~ment shali bra~ interest from the date thereof ~ntil paid at ~he
c c° r~~~2 exr cenr.~m ;~~r ail sa,d :os+s, cn~~~es a+d s~xu~red or pa~d, ~oyether wah wch in~eres~, shall be secured by the I~en of th~s
mortgage. .
6. Tha~ (a? in the e.en~ of any breach of thls Mo:rgage or deia~'f on fh~ part of ihe 5~'.ORTGAGOR, or ;b) ~n the eveM any of sa:d sums of money
„~re~n referrrd to be ~ot pro~•~pt:y and f~;iy pa~d v.nhin th rt~ d:,.s ,•r.+ .~•'c~ the sa^~e se.e~a:~y oecome due and payabte, without demand or not~cr.
;c) in thr e:ent each and eve~y ihe Shpu.a!~OnS, agr¢:rnenti cc,ci.r.o•~~ :;~,d covenanrs ot sad pronussery note and th;s moregage any or e~~her are not
i,,:y, p:o•norly and t~:;y rertor~~~ed, d s:har9ed, ecrc~rtd, eife.~ed. co.n~ :eted, co~n:;::ed wnh a+;d ab~ded Sy, then in enher or any wch event the sa~d ag-
_~~-gate sum menr~oned in sa~d pron•~ssory note th~~n rema~+~~•:g ~:ira.d. .v~!h ~^'rrz-:t ac.~oed, ar.d a:l mone;s secured herzby, st~ail becor.~e due and pay-
ao e for~h.u~th, o* iherea~rc., at the opr,on e4 s~~d R1J~Tli'~l'~zE. as +~.~y a~u! co~-~p:ecr.y as ii a~l of i~:r sa~d sums oi money were or~g~na~ly st;pulated
se be pa,d o~ s~ch d.:y, an;th;ng in s.+.d p~o^:ssory note or in r;~~s .'~~nga~e ro ~he cc~n~arY not,~+hsra•,d:ng; and thereupon or theceattrr at the op~~o~ of
s~ d MORTGAvEE, v.~thou~ nc+~ce or demand, surt at :aw or In eqoa~. ~i,~~~ticre or thereaiter bey~n, may be prosec~fed as if all moneys secured hereby
r,~d matu~ed pnw to rts ~nst~'u~~on.
7. That in the e:ent tha! a+ rhe beg~nn,ng cf or at any tn~e q:c~.d~~~g any s~rt ~~po~ this No~tgage, or to fo~edose it, or to reform it, or to enforce
~.~vment of any c:aims he•eund,r, sa~d N~ORT~,:,v~E s!~a': o~ ;~!y te th~, G_..•t hav~r.~ ~ur.sd ct.on thereof for the appo~nnnem of a Receiver, such Court shail
~c.•hwirh apFomt a rece:ver of sa~d mo~~gaged properf~ a:l ;o~ s:•~y~~ a~, c::,~ ~-3 ~~i a~,d s:~~gu~ar N+e iccome, profrts, issues and revenues from whatever
s_.;r~e darived, each and every of wh cR, rt be~~~g exp~ess , ~nd_ s•:,_c ~s 'e _i~y mw~gasrd as if spec.f~ca;:y set forth and described in th~ granring and
h~ben~um uauses herzof, and scch Ri~ce~.~er sha~i hav~~ ai; ehe u~~_ya a-a e+-~t•:.e f~~,c~ o:~s and po..e~s in anyv,~se enn~sted by a Co~~t to a Receiver, ar~d
s. ch appoinsment sha'u be n,ade by svch Court as an ad ^r.red ~~G~:fy ~~:d o~~ ar,er of aLsaoTe r.gh~ to sa~d 610RTGAGEE, and without reference to the
_.;:equaty or ~nadequacr of tF.e vai„e of the prope:ty mc.~g~geo or TJ rr:e s~ .r~-c~ er ~r1so ~enc~ of sa~d RIIORTGAGOR o: the deizndants, and that such
~e ~~s, prof~ts, inco.ne, ~ssues and rever.~es sha~1 be ap~;~ed oy w.h Rec~:.cr accord.ng to ~he i~en or equ~ty of sa~~ MORiGAGEE and the pracnce of s~ch
Cour1.
8. To a~'y, p-ompt:y and fu!'y pe~`orm, d:scharge, exec~~~. ef~ec` coTp:ere, ,~:npty w~th and abide by each and every the stipu:ations, agreemeMi,
:~ed~tions and covenanrs m sa~d promissory no~e and :n.s rt~,,,•e s~~r forrr: .
9. That i~ ~he eve:it rhe CW~21~Fi:D of fne mO~tyaGed pre~.~~ses. o* a~y part fne~eof, becomes vested in a perwn other than the MORTGAGOR, the
:~RTGAGEE. ~~s successors ar.d assyns, may, wi~houf r.os~ce to r~e :'.O~'.GrO~, deal vv~fh s~ch successor or successor in ~nterest with reference to ~h~s
~srgage ard rhe deot he~eoy secured ,n rhe same ma~:r.er as w~~h :tar•,},ao. w,rho~r in any way vit:aring or d~scha:g~ng the Mcrtga~ors' liabitity here-
_ti . _a _t ~ _ i.. ..a i...~..~~.>...e n.. J.. .,a.e nF ei~o /dC1DT(:AC',FF nr in auceessori
,',c: ::t~. ~ :`2 C~.t.`.t .`.c:...,~ S.':...~... 5] _ f-~':~:.., ~t~ '~~-'~.y~.. a.... " ' . ' ' . _ . _ .
c~ ass~gns and no exters~on of the !imr for^the pa~n~~m o't t~.e deb~ hc~•:by se.~~ed g~ven by the IAORTGAGEE or ~ts successors or asslgns, a~~all operate
!o re~ease, d,scharge, mod'+fy thange or aflect the orig~nai I~ac.;.ry of th~ A'.v6iGAGOR he.ein, either in whole or in part.
10. tt is spec f~c3!;y a9~eed thar t:me is of the esse•~:e of ~h;s co-,'rocr and that no waiver oi arty obl:gat~on hereunder or of the obGgation s~
;„red hereby shai; at any time thereatter be heid to be a v:,~.er c~ the ter~,.s hereof o~ of rhe instrument sec~red herby.
; 11. in oodt:t~ ~o the fore:c ~~~o^.;h'v ay•i~9nti ot p~! an~ ~*_•cs' re;..:red 'oy the promsscry no'r secvred herrbr, mortga~or tovenants
~ e~ agrees to pay ro mo-tgagee .+.th rach r.•~~,~huy pa, r~~t an sc:,~ ~cnai su>> es' ~~ted 67 mortgagee to be eq~af to 1. 12 of ttie annuat cost of the foliow-
= 3:
:
A-Ali reaf Froperty taxes ie:~_~ er assess~d agsi s- t~~c at~ve desc~ ~:d ~ce~ estate.
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3 n--Pr~:n•~~rs on ~:r~ ar:d r.~r.asr~ ~nsu-a~ ce az ne-e~n r:g. ~eti to oe ca~-•~ ~ c~-. the :m;;roveme:~ts s:?vate on the above d_s.r~bed prrm~ses.
~ C-Pre~~.~~~~s o~ scch rrort~r :e (Judr=nty ~csu•a~ ce es ~no•t_;a~ee sha'~! ~ r.T:e ~o tu~.e dcem fit to earry on the loan sewred hereby.
3 hSor~gaoee s~~a ~~om 1~-.e te t:~-e ~,~•f, r-~orf,sgc• m v~~:r:rg ef !he a:;:~*+ d.;e a~d payabte hereundrr and wch su~n shail there~pon be due and
able on the d:e ce~_- oi er.= ~-:.r n:o~~;F. ~ pay~ ent ar.d cah v.,_cess~ve ~ o,th ~~creafrer ur.t~i mertgagee shaii nohfy mo~tgago~ of a ehange in such
; ' o~nt. Such sums s~a i ~e at;.';ed 'cy mcr.gay=~e tov.a~d tne pe,~ren~ of rral prcFerry taxes, ins~ra:ue prem:ums, and mortgage guaranty insurance
~ .-emiums. ~
,`r IN WITP:ESS V:NEREOF, the sa~d .~ORTGAGOr2 has he.eu-~to set h~s hac~ a~d seal the day an ' year~irst afores ~d. ~
y
; , Signed, ~eated a. e!ivere,~ in the presence of: ~
' ~ Seal)
+ r lit2 Z LI 1S 1 ~~ai)
1 (SeaQ
~ Betty aro Hi
~ - - (Seaq
S"ATE Of FLORIDA ~
~ u-
~ ~JUNTY OF SL. LUCie ~
s Befo~e me personally appeared ~'?'1fl1fle~Cutt1~N111 and
~ Be L t y Cdr OI Hl 1 1 his wife, to me well knpwps~# known fo me fo be
yy '~.e ind~ved~ats desa~bed in and who exe.uted the forego~~g instrument, and acknowiedged before me that they ex~Nled=ff~+1~w tF?e purposes
:t th>rein eapressed. And the said BettY Carol Hlll ,~...~~t~y.:;
~ ,:~fe of the sa~d Winifted CurL1S F{111 _ _ ~j~~ private
~ +
' =.am:nat;on hy me taien separate and apart from h~r sa:d husband, a:knaNledged to and befare ma that she Axe~Jt~~aid'~,1Z?t~f`N(d~~~t~Ad volun-
ranly and w,thour any cOmp~ision, tonst!aiM, apprehens~o~, r fear of or fr~m Fwr said husband. } 1 fl ~ Y
WITNESS my hand and off;c~ai sea! thls_ day o+_ cember n':'~:~`'(~_~q 71
' - - . ~ : . J. ~ •
` • • • 0\~0~~~'j i
~ Notary PubGc in znd for ale~of_f(oEi~lNs~'~rge
?1
My Comm~ss~on expires: ~ a .
; Re:u*n io: b E{ORIDA ot IARGE
first Federal Savin s 3 loan Aasociat.on ~~V~ •
9 ?EGOr~flEO ~tE$ SEPT. 25. 1975
- O' iort P.-~r"=. n MY~
fIIEC NTy FIA. ~ g~eQ''oll~~~'eanken Insutance Co-
- Fort P~.,,~e, F~.~.:da ST,LV~+':'~""Ji•RAS
RQi,+ ' '
_ E~¦ , _ ?tt COURt ~ J~
r U
~cr,~R-, vr- 7
- This Instrument Prepared By Jot~n k'. C.ol ~5 5 ~0 2~ a~'~~
F~rt Federai Savings & loan Association
of Fort P~erce , Flor i da ~;~~.533
Checked BY -
= $~ox~~3 ~~574
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