HomeMy WebLinkAbout0067 3 To p'n;e a~d corn~r~o~s:y 1.cep ar. tne c_ .i~ •gs n;,~ or heriaf~er f t~itr on so d~and ar,d on a'i eq.,:p~nrN a~ d pe«o~a:iti ce.rrcd ~h:s mor
~.~8. N~!h all p~e~~..,.,,.,,y +Frreon ~.ad ,n f„~.i. t~re .~~s..,~ cr :n ~ne ~s~ai s+e:~eiarJ pp'~c~ term, in a a..~n aHNi.>~ed br the ,ti1Jk,..,.~vc_. ~~.1 .~;ds~o
~ sv~an;t in the uwal s•a•~ds~d ~~o: cy fo^n, ~n a s~n arpro.rd L{ ehe M~~~rG~i;Et, su:h cornpany or co•n,~an.es as the ~'~.`~i~:w~E
~:~~:t: and alI fire a:~i .v,nds~crm ,ns•.:~ar.ce Ha:~c,es on a~.y of s~~d ~~'d•~gs. any interzst there~n or part rh~•reof, in rhe agg•.:g>>e s..,~ ~torese,d
eacrss ~hrreof, shall :unra,n rhe us~s~ er~ d~~d mo:~~3gre c.avse o. s~:h ocher c euse as 1he hli~rtyayre n:ay ~eq,..re, n,aA~ng the ~oss ~•~~d~•r s.+•d Ew
. rs. each and e~ery, pa;ab'e to sa~d .\tORi~;AGEE as .~s ~nr•..rsr +,tay aE~p.ar, a^d eacn a~~.d e.e~y svch po .cy sha:t ue piomyi y ass ~•~~,5 d~i~`.~.~rrd '
~~.y heid by sa;d MORi:,AGEE as furthrr s=c~rity to sa.a ~~.orr~aje deot, a^d, npt :ess ~han ren ~i0, dj~s ~n ad.an:e of the e.•:~~or~on u+ e..ch r~,c;. to d.
•er to aa~d MORTGAGiE e renrws! thereof, to~e~her h~~h a rece rt tor thr pre~~~~um uf s~ch ~e~~rra.; and ~nere s'~a.l br ~~o f.re or ,,:,:c. ~n u~.s.,ranc
r'sted on a~y of sa.d 'o~~'d.+~gs, any inte~est tnerc!n or pa~~ N~r~rof, ~n'~sa ~n ihe ~J~in a~~d w~~h ~he ~oss perob'e as afcresa~d; a.~d ~n the .~.rnt ~~y au~
~t mcney be:a:n~~ payab't v~de~ sLCh po:,cy cr pe:,c~es sa~d MJRiGAG:E s~~.~il have Me opr,on ro rrc_~.r ~~~d ap~'y tne sa~ne on ac_ow:~ u1 me +~~J::}rd
-ss securzd hereby or to perm~t sa~d !hQRTVAGOR$ to rec.•~~e a^d use it or any p;rt ~ii••~~-of ior e:•e•r ~•~r.:ers r~ .
any eqwr~, I.en w~~9hT undrr or by r~rtve of th;s n,~rr~a~c; artd 7n fhe evenr sa d!~1~,2?GAGORS sh~:i `or any ~ranun fa~t to kcep ~he s.i,d ~~re~n,s •a so
^.n,,•~~d or fa~i io de ~.ci pro~nyry any of s~~d ~~c~,c~ra of ,ns~~rance to sa d A10~iGAGEE, or te~. pz„mpr;y to pay f~:ty any n t!u:<•fur er ~n a:,.
escrcr ta~; to pafurm, d.scha~ge, ex~•.~tr, effect, co~,~p:ria, co•f;ply w;~h and ab~de by tn~s COVtn,~nt, 6r any pjre h;~euf, S.~ d 14!vn^i;•:.G:E ~~~.+ti ,~.ace a o
fcr s~ch ins~rante or any part thrreof w~rhou~ wa~ving or aflet~ing any op~:on. I~en, equ<<Y• or r~gf~i u~:dcr ar b~ ~a~!~e of th~s t~tor.~,~r. and ~he -
a~t,o~m ef eac~ and e.ery s..ch paye~rm sha•! be ;n,med~ate~y d~e and payab!e ar,d sfia:l bear intrrea~ fro~n tha date the~eof un~~l p.~d at ri:e rsre o~
e pe~ crnf~m per ann„~n end t~~etl,~•r ~ti~rh sucn ~~v~>rrsr sn,,~. :~r sac..red by 1he ~~en o1 th~f mortgage.
4. To permit, cammif or svffer no waste, impairrr~nt Or detenora!;on of ia~d property or any part thereof.
5. To pay aU and s~ngu:ar the costs, charges and expenses, incuduzg a reasonab!e atrome~'s fre and cosh of abshacrs of t~tle, inwired or pa~d a~
u•~e bY »~d MOASGAC-EE, because or m the e~ent of tl~t fa:'~ure on the pa~t of the sa~d MORTGAGOR to duty, p~a~~pNy and f~;iy p~rfor:n, d~scnirge
,wre, r!fecr, comp:et~, com,~ty w:rh and a6.dr by each and every ~hc it~p~!at.orts, agrecmanes, condir~ons, and covenants oi sa~d pco:r;.;so~y ncre a~ d tf,a
~,~~tgage any or e~~her, anc' sa:d c~srs, char~~s and exHenses, each and every, shail be ~mmrd~atefy dve and payab'e; whethQ~ w not ~hr~e 6e nonce de
~-,d, atre opt to co.,ecf or sv~t pe~~d,ng; and rF:e fuH amo~nt ef each a~d every svch parmam sheli bear inreiest }rom the dara therrof v,r~i pa~d at ~~:e
o' n~ne :;er can:u:n ~er an~,,,rr~; an~ a~, sa,d coirs, ci,ar•~ei and cx~r~,ses ~ntu:red w pa~d, tcgzther ~v~th auch ~nterest, shali be secured by the ~~en of th~s
T=',T9a~e-
6. That ~al in the event of ary breach of th~s AM1ortgage or d~rauh on ti~ part o~ tne ,t10RiGAGOR, or ;b) in the evrM any of sa.d sums of money
._;n refened ro be no~ prc:nNt:y and f~',ir pa,d .~irh~n th.~ty ~3Ji days neAt a~!e* the snme se.e•a::y eeco~»e d~e and payab!e, w~thout dema~~d o~ nencc,
c; m ~he event each and every the s~~p~!anons, a9rtfm¢i~tt, tor.~.':ons and :ovenanta e! sa d pro•~~~ssory r.ote and th.s r,wrtgage a~y or e~ther ere not
p~omptty and fu+.ly periormed, d scha~yed, eaec~red. effected, complered, comp~~ed w~~h a~d ab~dzd 5y, then ~n e~~her or any such event ~he sa,d ag
;a!e Scm ment~one~d in S~+d ptOR~~SSJ~y' ncte thtn re~r.ai.^.;ng unpa~d, v~,~tfi intert,t acc~ued, and a:~ moneyS secured hereby, Sha:1 becur.~e due and pay-
icnhwrth, or ~he~eafrer, a1 the op!:on of s~~d 1d0~2TGAGEE. as fulty and comp:et~~~y as if aU of th~ sa:d s~ms of money we.e o*:g~na~ly st~p~,,a~ed
~ . e p:~.d on wch dcy, anyth~ng in s3 d pran snery no~e or in ~nts Mortgagr tp ihe conrrary notv.~thstanding; and rhereupvn or fhereaffer a~ the opi~on of
~ :.".10RTGAGEE, v~rtheut nos;ce or demar.d, swt at law or in eGu~ty, therziore or eherraiter beg~n, may be orosecvted as if ail moneys secured hereby
. «:a+ured pnw to .ts ~nshr~nan.
T. Ihar in the event rhaf ar the beginn;ng of or at any n~ne pendu.g any surt upon th~s Mo~rg~ye, o~ to fo~eclese it, or to reform it, or to enforce
..^znt oi any cia~ms he~eunder, sa~d t.50RTGi.v~E sha'I appiy to the Co~n hav~~•g ;u~~sd,cf~on thereof for the appo,ntment of a Rece~tier, such Court sha~l
~ -~.~ith dppo~M ~ rece~ver of said mort~agrd property a!t dnd s~ngu+ar, in~iud ng aJ drd S+~~yu!a~ It:e ic[o~ne, pro4i!S, iisues aed revenveS iro~n ~ah;te.~et
e de•~+ed, each and every of ~n,n.c~, ~t be~ng express'y under:eood, is hereby mo~i~aged as ~f spec•!~ca:ty set forth and descnbed in ~he g~annng a~~d
e~dvm ~:auses htreof, ard such Recr~.er sh~:~ have a~: the broad a~d effec+.re f~^.ct u:n end pov~ers in anyw~se entrvsted by a Covrt to a Recewer. a~ d
• 3rpcin:ment shicl be m3de by svch Ce.,•! as an ad ~,~:rrd equ~ty and a matte~ of abso~ute r~ght to sa~d A10RiGAGEE, and v~itheut ~eference to ~hr
,:.:cy or ~nadeq~acy of tnr va:ue o~ The prope~ty mO~tg~ged or to ihr so..rncy o. ~nso..ency o} sa~d MORiGAGOR o~ thr dere+~da~~!s, an~ ~h;t such
•s 4rofrts, income, ~swes and re~en~es st~ad be appi~ed 6y such ltecr~ver ar.~ro~»g to ~he Gen or equity of sa~d MQR?GAGEE and the pract~ce of s~ch
=.:rt.
8. To du!y, prompr'y and fu~~y pe~fo•m, d~scharge, eaecu+e, effect, complete, compfy w~rh a~d ab~de by each and every the stipu~ations, agreements.
~,,,o~s and covenams ;n ta~d promissory no~e and thfs moitgage srt fortn.
9 Thaf in ~he e~ent rhe ow~e•sh~p o1 rhe morrgaged p.em~ses, or any part thereef, becomes vested in s penon o!her than the t~10RTGAGOR, ~he
:`ojG~GEf, irs svccessors ar.d ass~yns, may, wi:ho~t no~~ce to ihe l.•,CRTvQO~, deal wnh s~ch suctrssor or succeuor in lnterest ~~,~sh reference to th~s
•~y-age and the dcot hereby sec~red in the same manner as w~~h :tortgago. w~thout in any way vitaring or d~scha~g%nq the Mortgag~ri Lab~:ity hrrr
_:~•r or uF~on tF.e de:,t he,eui sec~red No s~:e of ihe F.en~~ses hereby mo~tgagrd and ~a forbearance on the pan cf the A10~cTGAGEE or its s~ccesscrs
;~ss gns a^d no ewse^s~on of the r~me ior the payment of the debT he.e~y secure~ given by the ?J!ORTG~GEE or its svccessors or ass:gns, s;:ail orerare
~ re~ease, d~scha~ge, med~fy c~+a^ge or aEfect the or~g~nal l~ab.;.ry of the R50RiGAGOR he~e~n, eiiher :n whole or in part. ~
t0- !t is spec-f;:a:,~ agreed that time is of the essence of this tontract and that no waiver of any ob! gation hereunder or of the ob!igation se-
•,d hereb~ s!~a;~ at an~ t~a,e ~h~reafter be he:d to be a wdivzr of the terms he~eof w of the instrument setured herby,
11 Ir add ~;cn ro r~e fcregc ,,g ^ onrh!y {;ay.^_nts of p+r c;:a~ and in+eres' req~lr~d by the p:crosscry no~e sec~red hereb~, morrgagor covenantz
: ag.ees re ;:a~r to mo-tgagee K.:h each .-cn•h y rs,~ en+ an ~dd ~;onai sum esr atecf b~ mo~tg~gee to t;e equai ~u 1 12 of ti~e an,wa! cost of the foI!ow-
i
~
i A-A!i real F:operty taaas !ev~ad or assess~o eys~~~st thc above d>sc~~bcd real estate.
i
j 6- P~~ ~•~u•ns cn f~~e and w:ndsre••n insura~ ce as ~ere;n reqa.red to be ca~r~ed on the ~mrroveme~ts s;tuate on th~ above d.scrihed prem;ses.
i C-Pre~n~ums on such marrg;ge gvaranry insu.a~ ce as me~tgagee sha:l froT r-*,e to ~;mc deem fh to carry on the ~oan secured hereby.
i
Mortgagee s~elf f.om t~~~~e to t.-•~.e nc~~±~ mo•t~agc• in +vnhng of the r.-:o~~t d~e and payable herzundar and such su~~ shail th~•reupon be due a~d
~ -b'e on enr d~e cia~e of Th> %ri .,~o~~rh:y paymern a•~d each sLCCess~~e -r.onth rh~•reafr_r ur.ti( mcrtgagee shall'not:fy morrgagor of a change in s~ch
,.^.r. $uch swns sha:+ ~~e a~p ied 5y ,r.c~tga3er towa~d the pa~rr.ent of rea! property taxes, ~nsurance prem:~ms, and murt~age guaranty inwrar,ce
- ~~~.iums.
~
IN YJITP~ESS '.'+HEREOf, rne sa~d MORiGAGCR has hereunto set his ha«d a~d sca( ihe day and, year (~n~ pforesa~d.
r.
? ~ ned~ Sealed a~d d'v ed in the presence of:
~ t
r~l n~~ ~ 0 ` I-
. (sealy
' i • • 11 Z
; ~L~R i - ~ ~ ~ :Seal)
~ (Seal)
. . Tt~I
_ - - _ (Seal)
i
~ .":+~f OF fIORIDA ~
~ ' ~'~'JTY Of SL. Lucie ~
3 Befwc me personaily appeared H. T. Snyder and
~ ~ C~ Ci. Snyder _ h;s wif~, to me well known and known to me to be
e ind~vidvals desuibed in and who eaecuted the foregoing instrument, and acknowledged before me that they executed the same for the purposes
iherein expressed. And the said_ _ C. G. Snyder
:::fe of the ea~d H•T • ~IlY~e7 upon a separate and priva~e
4 ~.am~nat~on by me taKen separate a~d apart trom her sa~d husband, ack~owledged to a~d before me tha! she e~cetuted said instrument treely a~~d volun-
~ and w.~hovt any campuision, constra~nt, apprehe~s,on, or~feer of or from her said husband.
~
_ WITNESS my hand and offic;al seal this ~.1'`__ day of_____ • Janua r _ A. D. 19 72
- - -~~~-[~Sd~ t-{~ ` ~
; Naary Public in and (or the.$tate,of Flwida ~t l~~e•~~
' My Comm~ssion expires: ~~f~ r// ~•~$.3~~`^,•
3 Return To: ~ .S.lY =
!a F:rst Federal Savingt 3 loan Assoc~at,on Y~
,;r~.~~?'~'~'•
o+ F~;,r P~~~N ftLfO e+~D RfCOROCQ ~ f U~'•
3 ~
~j Fprf P~>_rce. F:~~r;:Jj f1.lUC~E i,OUN~Y flA. ~ ` .~Z''' ~ ,
- fiub'_ ~ PJITRAS -t ' ~ ~ ; ~
ClERF C:~.Cul~ COURT ~t/ ~t : ~ ~ ~
RECOR? ri F~tU~ •~~•.2 ~Q -
_ , .r ; ~ :
Th~s Instrume~nt Prepared By RiCtta rd K. Kayes 3ij aH ~'~~-ST~'~E
- F;~st Federaf Sav~n s& Loan Association ~k~~~~~
of Fort Pierce , Florida
_ Checked By 1~--------- 1~~r2JSS 7 S
~ g~cM 199 FACE s?
, _ ~
_ ~ 'y
. . ~ . - _ 1 - _