HomeMy WebLinkAbout2481 3. To p'act a^d co~t~n,;o~ti , 4~ c.., . :~s u~!.:.,te e~ s: J:a~~c' a~d on ,.~q„~p,.•ent a• d persona::y co:e•cd t~; t~~s mor
~ge. w:~h all pren~~...,,s th_~eon d .n 'r, , . ~ . . cl to•~~, ~n a i.•n at~,~o:ed 'nY ~he N.vk."Avcc. .i ..~,,is~o
• w~anCe in the ~~s~al S•a~da•d y~' iy . a s.. ...r~ '.l.'.R2G=.v~[, ~n s.,ch tor. r.an~ cr ~
^ = ' Cc'~~; ar..ei 3s tnz ';.0211,.~G:E
d rect; and dll 4i•e d~~.d .~.nui•c~m ~r5.'dnCe ~-C.,C.c•5'c? e:i~ c1 s',~d d~ S. an int@r~•~! thert~ui t lhr:iof, ~n the a r S~:` atc~ sa~d
' 9 Y c~ {~ar yg,. ~sr ~ e
~n eacess ~hereof, s~~a:i corro~~ ihe ~s_ s•a :i -.i o.• a,q~•c ~.:s~; cr s..ch ofher c~~sr as the 1.\ony3g<•e n,a,• re•q,, re. m,al.u,g ~hr ..:si ur.uer s;,d po
c es, each a~,d every. Va..~b e fo ss.d `.1~JR'::~~:?;E es rs r.,r, sr ~.e., ,~~d eacn ~nd Nvery S~~iti p: c~ i~ a;t ur ~~~o:..pe.y ass q••ru sr d d_.,.~•~~~d
a^~y he~d by said ti1v^RivAGiE as iu•rh_~r s_<urI', ro s~.d r~.yr c... d. ne+ 'ess tt~an ~en ;IC d~,s i~ ad.o~ue of ehr cxF:u,f~on o1 ea;h i,o ,~r. to d.
~.er to sa~d h10RTGAG~E a re:: ~„r
. r.ti~; 1h~.•eol. to~e`. ~ v.i~h a r~,,.~'~ t~• tnr F,c..;.um of such :e•:rr.a: a.,d ti~ere s~a~i ;,,z no f,re o• ~;~~~t:,•.n ~^,suran: p
F;nced on any of sad Eu~'d,•,gs. any ~~~•~~es~ tnc+en or c:,•~ ;n rY,e fa~.~ a~.d ~.:+h t),e .cu ~-a.e:,e as a'.•~iss;d: ~~.d the r.ent any s.~n
of mon<~ becomes payab!e under s~ch poticy o. pc,.c~~~s s.,,d `.._,~i"~,~;~ s~.:~~ na.e thz cy! en fo rrc•_~.r .,•d opF y i:,a sa ne en a:co.,.n of ~hr o~d~~~~.•d
~ ess sewred hrreby or ~o pern t s~ d!.10R1G:.GO~S ~u ~cca,~c ~d ~•se ~T oi r"y ,,•t t;,.. a,f , e..,.• ~ ~ , s: s .~h i. ,•:,;_r
~g any eqJ?y, t;en or nght under or br .:~r,,e oi tr.,s ~..•ry,ya, ar,d u~ ~i,~- ev~•~,~ sjd ~15ORTl;,:,GOR~. shi'; i" a:,y re3son fa~I to A~~cp ~F;e sa:d pra~n.s_~a so
•;svred. or fa~l to de:~~er pro•rFtly an~ of sa~tl V-c: c,-s^:i ~ i„ .5~,:~~ to ss d h1JR1"vAvt:, or pr;;~,.;.t y to pay fu ;y ~ny ,:re th,~~•tor or ~n a,r
res~2Ct fdii t0 pe.form. d~s:fi,rge. ras~:~_•r. efiec~, co:*~H:c+r. ce•;:!, .~:!h c:~d o"c~c O` fh,i C.:va•~e~:t. N dny ~;.,it iurref, se:d .'r.i.~2i~.~.G`E m,~y y:~~dCP e~a
c~; tor scch insur~nce or a~ty part tn_;<of ,,..rho~t aa:v~:~g or a~re~r~~.g anr o,~ on, ;~en, equ ty. or r.3ht u~ ~~r o~ try ~~~t~e o! fh~s .'Ac~tg.,~e. a~,d thc
f~.!~ amo~nt of each and e~er; s~ch pa,,:ent sno;t be ....:~~~ci~,~,-•,r d,e o d;,a,~b:e a,,d s~a:: b~~ar ~nter~s~ f,orn tha darr t'r,~raot u~~rd ~.,,~d ar rhe ~.;te o~
e pe~ irmum per an~~. .~r .~~•h s,:;n ~n•~• ~i,_ . n__ s,. the Len ~
3 . , f th~s mor~gage.
To pe~mit, tOmmit pr 3ufter no wos!e, fr.:pa~rr. ent or d~t_ .c,~ .,.'t so:d L"GYEfty or any part ther~of.
S. To pay ali and s~ngu:a~ rhe cos+s, cf~ar~rs ar~d e~: ens,~s ,,g a r~-~~oneL'.r arrornc~~'s fe~ acd cosrs o.` abst*~cts o( t~t'e, i~curr2d or ~•a:d at -
^r Y;:r2 by sa~d MGR?GA~'E. beca;:se o+ ~n the evr~' of n:c f, ~rr ;n •r.t :.;•t o' tt~e s~:d ht~RTG%~GOR ro du;y. p~o:rpriy and fi;%y Ferform. d~scn.~rge
~~.we, effea, comp:rTe, cor.N;~ ,n,th ~~~d ac,.ia by e~~n and the st:,., at o~:s, a~:~_ c~~ti, cO~d~r~ons, and co~a~~en!s ei sa~d F•o~:sso•t noce ; d rl:~
. x'gage any or e~ther, cnd sj d cosrs. char~es a~~d i., ers~s. r~:i~. r.rry shs~i be ~m:n_.d~a~e!y dur and payaU:e: wh_~her or not there t~r no~~ce dr
~~.a~,d, atte•npt to cof~ect or su:r per~dng; ar,d ri,e f~:: „,uunf ;i e::?, a.J e:e~. sccn Fa,n,zm s!~al, tea~ ~nt~~resti from the d3te ~hzriof un:ii p;~~ at the
r.;ne ~er to:r„•n ,.rr a.., a:~ s~~d .c s,s ars s• s~ c.:: ~ed or pa~d, ~o~einer ..,ih svch ~nte~eat. shail be sec~red by ~he ~~rn of th.i
~^ertgage.
A. That ia) in the event of any brracF of th:s ~ita•t~age or ci, r,~:r o-~ r'r ~ ps~r of tt~e t,:pRTG~'1GOR, or ,b) ;n tfie evrnt any o4 aa d wms of money
„ein referrrd to ~ not pr~..,~r,y aed f,, F.a,d .ti.~'~.,~ t!, , 3:; ,s r._,.. a! ,~e s: •.e S;.f'd ::CCJ"1C d.e a^d para`u!e, w:iho~r den:a~zd oc ncnce.
in thr e~•em esch and e.ery tl,e si~~~ ~:ns. a~rcr~ne~.rs c. s a:d :~:ene~ r: o' s~ d pro^,,:s~r~ ne!e ar„~ th s mortgjg~ any o~ enhe~ a~e not
1.; y, p~o~r,pfiy and fu::y ; e~formed. d s;~:3•a-d zxecvted. e'tec~.-d co np,rred ce^~p: ed .~~!h and ac~d,d 5y, then in enher o~ any wch eve~~t the sa.d ag-
~ c~gore sum mennonEd ~n sa~d pro•.^„ssorj n,,r_• rhen ie•,a.>~:~,g ,,,,.d .~,tr .~,r:r .~d. and mone.s sewred hereby, shali b~-con,e d~e and pay
a: ~ to~thwr+h, or therea`*er, at the op•~on o! s.,d ,1tJRTG:.GcE~ as _ r, o,,.i.;o~~~r•r': as :t a; of ~~,r ss~d s~~~ny o; money ~nere or~9~na.ly sr.pu,ated
" 5e pr d on s::ch d::y, e~yTh~ng in sa d p~c ss: ry ~~o•e o~ u.s ~'r.!,~,.i,• +o tt:e c'v~~! ar, not.~,thSTa•~d. ~g; ar.d ~here~, u~ or there~frrr a~ t~e opi~on ef
- d VORTGAGiE, y~tF.c~t no+~ce o+ demand, s.:~t at taw cr i~ ~q..,.r,. ~r,~•e~we er tt;erear!er brg.,~, n~ay Ge orosecuted as if a!1 moners sec~~ed herrby
_.~d matured pnor to rts init~tu!~on.
7. Tha! :n rhe etiem rha~ ai ine beg:^~~ •~g cf or z! a~y i:~~e d.~ g a,y su t cn ~hls e~rg3~e. cr to foredcse it, or to refo~m it, or to enfo~ce
.~•~*ent of any e~~ms h~~•e.;r.drr, sa~d 1:.~~R!;,:;G_E s~ a p', to tr,e C~.;~+ n~.;•,g sd c~.on ~~:~r~c~ for the appo~ntment of a Rcce~~er, su:h Covrt sha~l
.•h,nnh apg,;,n! a rece~ver of sa~d ^-ortg~g_d prcr_rt~ a~.~ar,d s.:~::..a•. -y , a d s.~ ar r•,z ~rcon,e, proi~ts. ~ss~es ard revecues tro~n wheteve+
s.:-ce derived. each and e~ery oi ,nhch. ;t i,~:~~g e.Fr~is. ,n~_ ,s rc•eg._•,~ as ~4 spec~~ca:y set for~h and desc~:Fxd in the grani~~~g a~:d
: endum ciauses herea', and such Recei.er s~~ ~ hare a t,• u~ a r c.e r~~,~ c. ,s a~ d For.ers in ony.v~se emrusted by a Cou~t to a Recet~er, a~,d
s. ;n 3ppoinrment shaU be rr.ade by s.,ch G~,rt as en a,. _d e~. a:~d ; a:er c° ,;~se..:~e r gh~ to sa.d !~",JRTG~GEE, and w~:h~ut referrr~ce to thr
e.•aa.,scy or ir,adeq,;aci o! s~.e vai;,e c= rhe ,:•ope~!•; r._ ~_~ea c =•i,,• s: n• ,~ncy af sa~d 1dORiGAGOR or the derendants, and fh;t such
•~•s, prot,rs, ;nco.:,e, ~ss,,ea and re~ec;,es sha:~ be ;pp.~-d t~ s..cy R~~c_ ~..;;-a::g to tr.e :~en or equ~ty of sa~d MORiGAGEE ar.d ~he pract~ce of s~ch
CouA,
B. To du'y, promFr'y and fu:~y pe•'o~~:, d sc~~>_•ge, eYe,~_re e~•c,r cc.. r ~.~:!h a~d ab;cie by each and every the s~~p~:aticns, agreem~nfs.
-"'drt;cns and ccvenanrs m s,;d p:om:sso~y nc.~ d rh s:-._ s_ 1 v: r~
•ty^, y_
9. That in the eve~~ ±he o,nne-sh of rh~ ~
p •~_::o•:d y~e s, s ~ rart tr.~rccf, ceco~ies vested in a pe.son other than the fdORTG4GOR, the
~`RTGAG:E, ~n su;eesscrs a.^.d ass.a^s. rray, v. •hc., _."~e.~~: ~{~.e. a?h such soccessor or s;.:cessor ~r. ~nterest wnh r~ierz:,~e to th:s
~~'gage and tne d,br i~e~eby secured ~n tne sa~e r., ~r as•~.~rt:~'.._ .:;o• ,r..+h;;v+ Sn a~y way v~t.,tmg or ~l,scna~g~~,g the 61or~g,gori i~ao~l~ty he~r
~.der or uFon rhe debt h~rr::r s.c•~~_-d. No s~ e oi F.e . s, s ~.._.:c;,• ~,;:,r~;g~d a~ d r.o te-b~a~a~ce on ihe pa.t ot the /.5p2TG:.GEE or its successws
~ ass.~ns a~d no exte~s~on of the t~~~.e iw fhe Fai:.e- c t ~ o.,• i:~,- " s_.,rrd g~.en by tne '.10RiG~GEE or ~rs successors er ass.gns, a~,aii operate
re ease, d.scharge, mod~iy ~han~~ er as{ect the c~ig~ ~o ..a„ r ~i ~F ivAvOR t,err~n, e~tner in whoie or in pa~t.
ip. It is spec i~;a':y eo~eed rhs• !~me ~s ef ~!,e cssr:~:e +~~s ca~~rsc+ a~:d that no wa'~ver of ony ob''gat~on hereunder or of ~he obligation se-
._•ed hereby sha'.~ at an~ f~~,e mer:af*er be h~- d to be a a„~.~•r ef rt,e tr,ns i,er~oi or cf the ~r~stru~ertt srw~ed he+by.
t 1 I. !n .od t:, . +n 'o•e :c . h ~ , S } ~
, 3-:d r,,, b; tne s nc ~ rac~ F
3 ~ . ^t 5 Cf'{ 'E s:.u ie'•.b~, mort3iy^or co~er.artts
a~•ees !o ;,ay to r rgiq.e ~n~th ea. i _ r, e an a.. ~ 6; n a•r~egee to te eq, a~ to 1 i2 04 t:~~a ac; ,ua; ccst of the ioiiow-
i -
~
f A-:.'i .<a~ Frope-Tr ta.,s o• ess_s~,.d cc . s• : c.; d..s_.., d_a' es•,~~
( g p•,._ ~.,s on f .F a~d ~:dsr:, ,~S.,,r -r .-s . , . a r„ r ,.a c., . ~o~_me-srs s::uare on rhe above dcscr:bed prem~ses.
~ C-Pre....~:-.s o~ s~:h :r.ort~;oe g.,ara^r~ ics.:•a~ r_ ts ._~~,;;_ee sna ;?,c.^ e•o .e d_em fit to earry on the loan sewred hereby.
li~Or!J~aCf' S^,~~ c . < SO .':~r . 1 _ .r. . pi .h _
3 r d pa,ahle herrundar a~~d s.:ch su~* sh;' ti:~reupon be due and
, ~ ~ _ . . i i ~~fr_•
; .ab:e on fh~- d,;r ~ c. ,.r • . . mcrrqaqee sha not.fy m~•r~a3er of a chan3e in wth
cvnt. Such su~~s s'r_ :,e a~, ~,i ..crg;_ ~*o..; a me ~ o, c~r o+ r,,! ~r,E,er,; tdxes, ins,;ra:•ce prern.u„s, a:~d mort~ege guaranty insurance
~ , -e~niums.
~ IN VIETPIESS ::HERE~f, tne sa,d MoRTG4G~R ha; h~+e•,,-ro ser n:; h, a a-~d s~ ~i fhe day and ea fi~s resa~d. ~
[
~ ned, Seaied a e`~ve~ed in the presence of-
- 1 . Tt5 (Seal)
(Sesl)
_ ~.i~ Q'e'L _($eal)
essie . i ns~~~~
- lStap
_ ~ 47E OF FLORIDA 1
S t. Luc ie f ss.
:JU.'J7Y OF ~ 1
Befare me personaily appeared i Cl lf LOT2 C. $lIDIDOA 5 and
Jessie $1~IDOfl5 _ h~s w~fe, to me well known and known to me to be
~ '~~e ind~viduais described ~n and who e,cecuted the forego~ng instr~ment, and acknowtedged before me that they exewl±d the sanw fw the purposes
3 the.ein expressed. And the said_____~______ .JESSIC S1m~UA5 '
~ r~~re of fhe said C11ftOA C, $lI~Q10TfS - ope~ta sepasle and private
r e.a~nfnation by rne taken sepa~ate and apart from her sa;d husta~d acl+nor,iedg~d to and before me that she ezetutet~ ~i1~ mstrurnent f?~el~ and voiun-
raniy and w ~hout any comp,;'~s~on, cor,st~a;nt, apprehens:on, or fear of or fiom her said husband. .
WITNE55 my hand and offlc:ai seal this _ day of__ .jSt1118 A. D. 19_ 72
. • • ,
` Notary Publ~c in and for tbl~Sy of fior~'af•l~rfle
Ret~rn To: My Comm~ssion eapires: Af FLpR~DA at URCf
F~rst federal Sa~~ngs d. toan Assoc~at.o-~ ~ ~a~E~ M1G.,~WIi~1~310M EXPIRES $EPi. 25. 1975
of ~~.t F...~, ~~~~Q 1~'~'~ aU~jY flt~ ~ Bonde$'Ey American Bankers Insunnce w.
F~.~ P~:~rce i:_,:dj ~~~~ftQ~~L.~~_,~,QL~URt~e
C~ ~ fi~ ~ T ~.~+~..r
~
S'~,`'~ 'Z~.
a ~ 3 SSRN
7his lnstrumenr Prepared ByJphn W. C~~
First Federai Savings & loan Associat~on v~ 2221~8
; of Fort Pierce, Rlozida
Checkeci By
~~~198 PAGE~478
k . - , . . , ~ . . A> .