HomeMy WebLinkAbout2485 3 To p~ace and conr~nuo~~s~~ keep on !i,e tv. J, :gs nc+v o~ nerrefre~ •~t~ntr on ia d!and and on a!I eq.,~p~nem a.^.d pe~sO~a~~y Co.er~-~d by ih~s mor
nge: w:th all prem.~„•ri thrreo~ pa d;n f~:', tr.e ~~s.:r,~~c~• ~n ine .,s,.at sea:~~e~d pc-cy fo~m, ~n a avm a~.pro.ed b~ thr h1Gk•v%:3iE, e~ d~~:~ds~o
^.wrance in the usual S}anda~d ~.o'.cy form, in a 5~~n aFpro.ed oy the MJRTGAGFE, ~n such co~.~pany or co~~a~r:es as ~~e t.'ORI;,AGEE R~
d ~etr; s~d all liie and w~nds+orm inivran~e po!~..es on any of s~~d !x:•.d.~ys, any ~nterest iharem ~r pa~~ the.eof, in the agg«ga~e s~~~ ato~esa~d
eacrss thereof, shall :oroain ihe usuai sta•:dard mo~~9.+~ee c~a~se o~ ~u:h oiher ca~se ss the Mortgagee may reyu.~e, me~~ng tnr ~ess u~~de~ s~ d po ~
ces, each and e.ery, pa:a~'e to sa:d MpRTvAGEE as ~~s mre•rsf may appear, a~d each and e~err such po .c~ sh3tt be p~o~cp~.y ass gnrd a; d de ~.cr<d
:-y he.d b~ ss~d YvRT:JAJif as furrh~r se:vr~ry !o sa~d n:ur:~,ye deor, and, nor :ess than ten (10l da~s in ad.~~~ce ot ~he @~~%ue1~Jn of each po'.c,r, to d~
I..er to sa+d .ti10RTG.aGFE s ~ene~ai thereof, to:~e~her v.~ch a rece~p~ }or 1~e prC:n•um of such ~ene+.a!; and ihere sha;i br no i•~e or „v~~~d~+c•.n ~~'.su.a~c
p!eced on any of sa~d b::~:d~~gs, any in~erest tne~e.~ or pan IhBrEO~, un•rSi ~n +he (oim an~+ w~+h ihe ~css paya:,:e as a+oresa~d; ard in tne e.enf a~~y su~
of mo~ey brco•.~es payabie vnder such policy or pai,c~es sald h1pR1GAGEi aha~l ha~e thr opt.on to rece~ve a~~d ap{:'y ~i~e sa~ne on ac.o~:~~ of the ~~~:iett.~d
ness aecwed herrby or ~o permn sa~d MORTGAGORS ro recr~we and t,se it a any ,:+r~ ~I:.•:eof io* or~_r ~.v~. ~s~•s. ~..•~~~:.r ~h,~~:.,
any ~qu~ty, I en or nyi~t unde~ w by virt~e of th,s mcr'gage; a~d ~n the evenr aa d MO~TGAGORS sha't ~or any reason 4a~1 ro kaep the sa~d prem::~s so
•,su~ed, or fa+l to de'~~.e~ promptiy any oi aa~d poi.uzs ol ~~isu~ance to aa,d MURTGAGEE, or fa~. pro~~p'lY to pay ful:y any pre~~~•.: n thtr,:ior or in e~~
respect faR ~o ps+~orm, d~uharge. executa effect, comp:rta. cor.ply w«h and a5~de by rh:s cove~.+~t, or any pa~r hareof, sa~d MG2i,;:.G`_E may p.ace a a
pay !or s~ch ~nwrance or any part tnereot w~~hoit weiv~ng or affecting any op~~~, lit~, eqv.fy, o~ r.ght u^der or b~ v~n„e of thli Y~orlyjgE~. dr.(J th~
amo~ni of each and e.e~y such parment shail bo ~mmedialely d~e a~d payao'e and shad bear interest irom the date ehercof unt~i p~~d a~ tne rare of
e per cen!~m ~er ar.nc:n and to3rthcr v~rth fuch intz~ef' shai~ be sr~wed by the ~~en of ihh mottgage.
1. To perm~t, commit o? suHer no wastt, impairrnent a dererioration of sa~d p!operty w any part the~eof. S
5. To pay ali and s~~gu~ar ihe costs, cha~ges and eApenses, inc!ud~ng a reasonable atforney's 1ee and costs of abst.acts of tlfle, inwrred or paid at
a~,r ~;me by sa~d MGRTGAGEE, because or in ~he even: of ihe fa:~ure o~ ~ne pan ot ihe sa:d h1~RTGAGOR to du:y, prompily and fu:~y prrform, d~scna~ge
_.c:.~te, effea, cwnp:tte, co•np~y vv:th and ab:de by each and every tt~e s~~p~~dt;Cni, ayttar.:~nti, cond~t~ons. and co~enants of sa~d p~o~~~isory note and th~~
- orfgage any or e.~her, and s3 d cosrs, charges and eapenses, each and eve~y, shaU be ~mmed~ately due and payab:e; whether w not fhere be no~,ce dr
-and, atternpt to to:~ect o: suit pe~d:ng; and the iutt anount or each a^.d e.~ery s~ch pa~meM shali bea~ ine~rest from the date the~rof unril pa~d at the
~ r o` r,~ne per cen~„•r ;;:r ar,~~~r, ~nd ai: aa:d ccsTS. cr.a:gcs e^d sa::e~.ses !r~t::~red or po~d, tc~rfhe~ w~fh such inrerest, st~all be secured by the i~en of th~s
,~o,~gsga '
6. That ;a) in thr evem of any breach of th~s Mortgage or deiauu on th- pa~t of the MORTGAGOR, or ~n) ~n ihe event any of sa'.d s~ms of money
r_~rein ~eferred to be rot prc~n~;tlv a~d fu:~v Ga~d wi!h,~n ~h rty ;3J; days nex! a•T~•r the sa~^e sc:era :y beco^~e d.:e and pa~eb'e, w~ihout demand or nat~ce.
o~ c; ;n the e~en: racti •~a •~P•y ~r;.., ianr~~~ .~.nr~++?nt: cend,r~o~:s and covenanfa o! sa d pro~nnscry note and ihs mortgase any o~ e~~her are no~
j.:y, p+omptly and fv;~y perfo~med, dxha+ged, execured. etfected tomplered, coe+p!:ed wrth and at~ded Sy, then in erther or any auch evem the sa~d ag
3•~ya!e sum ~r;enr~oned in sa~d prom~ssory ~c+e rhen rema~~~ng ~npa,d, w~rh ~nTerrsf acu.,rd, and a~l mone~s secured hereby, ahal~ become due and pay-
ao e fortnw~th, or ~hereaiter, at the op•~on of sa~d MORTGAGcE, as fv+ly ond comp:ete.y es ~f a i of thr aa~d s~rns of money vrere or~g~nally st•p~.ated
c b? pr.d on such dty, anjtF~~ng in sa d p+o~r.,ssory ncre or ii~:s Mo~t~agz to the co.^.~:ar; n:t~kthsta::d:.tg; and ~hereupon w tFrwrea4ter a~ rhe op~~on of
s- d MORTGAGEE, wnhcut r.ot.ce or demand, suit at iaw or i~ equ~ty, therzfc~e w thereaffrr beg~n, may be prosecWed aa if all moneys sec~red he~ebr
r.,d matvred pr+or to ~ts ~nstrtut~on.
7. That in the event ~hat af the beg~nn:ng of or at any t~me pend;ng any sua upon ~h~s Mo~tgage, or ~o fo~edose it, or to reform it, or Ic enforce
:+;~r+eM of any cia:ms he•eunder, sa~d fAORTGiaGEE sha:l app!y to the Ccu~~ hav~~g ~~r~sd.c'.on ~h~,.~.,f fo. the aopo:mment of a Receiver, such Ca~rt sha~I
_•h,~vnh apuo,nt a rece~ver of sa:d mortgaged proprrty a!I and s~~g~~a~, inc,~,J.ng a:t a~+d s~ ~g., a~ r~ r~r.come, prol~ts, nsues ar.d revenues f~om whate~er
s_•ce dr+ived, ee.h ar.d e+ery of wh.ch, ~r ce;~,g express'y untlersecod, ~s re~~Dy rr.o.rgag.-d as ~f spec.hcally set forth a~d desu~Fxd in thr g~anti~g and
endum c:auses hereof, ard such Rece+ver sha:1 ha~e ai~ the broad ard efiecc~e funr. c~~.s and po:.ers ~n anyw~:e entr~sred by a Cowt to a Recei~er, and
s__~ appoinrment sha~~ oe n,acle by such Cor! as an ad--~~rred rq~rty a~~d a ratter of a::eo:ure r.ghr ro sa~d MORTGAGEE, and wishout reference to the
a.::q~;:f or ~r,adeq„a;; the ~aioe cf the ;.rope:sy mo~~ga3ed cr t- ~ne so.~ec:; er e.^.c; e( aa~d l1,OR~GAGOR e~ }~e de+e•~da~~ts, a^d rha~ wch z
~•s, prof~rs, inco.ne, ~ssves ar.d rever.~es sh~ii pe app.~ed oy suchvRece~+er a~cord.~,g to ~he t~er, or eq„ir/ ot sa~d MORiGAGEE and the prau~ce of such
Co:,rt.
8. To duy. prorrFr`y and fui•y perfo•m, d:scharge, execute. ei!ec~, co:.~p~efe, co~~N~~ v.~th and abide by ench and every the st~pulations, agreements,
.~^drt~ons and covenanrs ~n sa:d pro-n;ssory nefe and ih s m~rtya je ser forrh.
i
9. Thar in the eve,t rhe ov:r.e~sh~p of ihe mor!gaged pre^~~ses, c. any part tnerecf, Eecomes vested in a pe~son other than ihe MORTGAGOR, the
:_^,RiGAGEE, i!3 wccesscn 8rd ass:gns, may, w~tho~t r,G':Ce TO the 610RTGA~JR, dea~ w:tF. such SucCesso+ o~ SucceisOr in interest w~ih re4erer,ce tP ih~s
~ o~~gage ar.d fhe deb~ here5y s>cured in the same manne~ as w~~h r.5ortyago~ w~!~~ur in any way vii:ating or d.scharging the l.to~igago~s' iiat~t+t~ he.r
~rr or upon the debr ~eree~ sew•ed. No sa!a of the Fre~ ses h:rrby mortgaged ard no lorbeara~ce on the part of tne 1dORTG~+GiE or its wccessws
li ass~gns and no earens,on uf the e~me jor ihe paymenT of the deb+ he•e~y secured given by the ~~UR1GAGtE or ~ts successors or ass.gns, a~~all operete
•o re~ease, d:scha~ge, mcd~fy change or affect the o~~g~r.al Gao•I:ty of ihe M.ORSGAGOR here~n, e~ther in whole or in part.
~ l0. It ii spec j~ca~~~ ~~rerd Thaf time is of the esser.ce of this comraa and that no waiver of a~y ob,~gat~en hereunder or of ihe ob'.igation se- ~
c_•ro hereby sha:~ a+ cn~ tin,e rhereafter be he:d to be a wa~ver of the terms hereof or of fhe v~str~ment secured herby. ~
I 1. In o~~±•:c-, +.e Toregc -g ~--oorh'y FayTen~s of c.ei and in!i"f5t req~ red 'oy fhe pro+n sscry no~e secured he•eb;. morr~a~or eovenanrs S
~ ~ ~ ag.ees ro pay to r.o-rgayee r..m each rron•h y pai~ :ent an a~~ ^,cnal s~m esr aved by ~no•tgagee to be equai to 1.' 12 of tt:e anrwal ms! of the fo!iow-
j _
~ A-A~t rEa: F,•cper.y texas ,e.~~d or assrss_~ ag3rsr ri,c aco.e desc~~~~d raE es+a~e.
~ 6-F~... .,~,s on f:rF a~d ,.~~~dsro•~~• ~ns~~a~ce as ~ere~r. req_.red to be ca•n•_~ c~ thN ;mrroveme~ts s:tvate on the above desv:bed premiies.
~ C-Pre~~• ~~*~n v.~ • ~ c._ ~~~o~~~ c>u•a< <r es me•1-~a^_e sha:i frc~ r~.e ro t~•r.c deem fit to ca+r on the ~oan s^cured hereb 3
; i~:._•- ~J Y y y° Y
~ ~1.or!gagee s'~;'~ 'rem nre ro r~-,e res~f, mc.ry;g:• :n r1~:t.r.g af the a•ro~~t due ar.d paya5le he{eundrr and such surr, shali thereuH~on be due and
=t ^~.on!h. z r.,+ a~~d eoch su:cess~ve o~~+h theredit~r u..ni mc~t 3 ee sha'! not.f mo~! o~ of a chan e in such
able on the d~e cate cf !he nc ~ p Y'^ 9' 9 Y 9d4 9
e -~.o~%T. Such s..~~s sFa~.~ be o;:p.~ed 'uy mortgay_r towa•d tne pa~n~ent oj reai proGerty t3xes, insurance~ prem.ums, and mertgage gusranty msurance
~ . _T•iVms.
~ IN Y1ITr:E55 '::HERiOF, the sa~d MORTGAGC~2 has hereu~to set h~s hacd and seat the day and year first aforesa~d.
~ ' ned, Seated and ~ered i!i e preser~e of: ~
i 1 . ~
~ ' .
_ Mildred H. Qan Ware sin let~~ult
~ cs~aq
<f - l5eal)
•
_":,TE OF FIORIDA ~
=UNTY OF _ Sti. Lucie ~
1
v' Befwe me perwnatly appeared I'~~I.d2'eCI H. Gongaxare,, 8 S~Tlgl@ 8dUlt 7p(~
- to me well known and known to me to ba
~ r~e indiv~d~al/ described in a~d who executed :he fwego~ng instrument, end acknowledged before me that ~he~r executed the same for ttie purposes
rherein exprtsseo. f~Q~XQ ...-„r~. -
: ~
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? WITNESS my hand and o4fic;a! seal th~s_ ' _ day of_~ _ January f+ D. 19
_ - ~ y~ 1:~
\ ~i.
- Notary P~b~~c in and for the tate 6J'j+'ptida-ft L~rpe_
_ My Comm~ssion eapires: f- ~
_ Return To: 1 ~ ~ ~ 'S. . .
f;rtt Federal Savings 3 loan l~SSOCiat~on
FIlEO ~ti= °E~~r".~DEO -
or ST_lu~k: ::cuK1Y Fl< ~ `
?~>"s iort P~erce. fl;,r d~ c~~+ '~ls
R{/'~~ ~ f '
CtEaK' ' :':-i CCURT
~~CCRC ti: : . ; r.
Th+s Instrument Prepared By ~T. D. Chastain 3 55 1~1 '
First Federai Savings & loan Association '
of Fort Pier~e ~ Florida
~'~=r ~ 2;z21.8~
~>=j Checked By ~
z.', rB00K PACf
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