HomeMy WebLinkAbout2261 J. To place and conf~nuoun,y keep on ihe ~~~~gs n~x o~ herooftar ~A~ate on sa d land r.~d on .I; eq~~:p~~ a~~d p<<so~a~~y cc`:.arrd by i~~~s ~nor
ege. w:ih ell prem~~ms thrreon E:a d~n fu~l, f~re ini~ra it~ tt~e ~i~at stende~d po'~c/ fOrm, ~n i s~~n aEaiu~ed br ti~,.~ ,'..Uk,'v:.:~,~. :.~•~'.1~to
nwronce in the ~sual s~anda~d po,.cy fo~~n, in a e~m apE%ro.rd by ihe MORTGAGEE, in svch cor„pany cr cu•n+ j~,.~~s as ~nr A5021~%.G~E
d:rec~; a~d all fne ar,d wmds~orm inw~ance po:~c~es on a~y of u,d bu~~d:ngt, any inrerest thr~e~n ur pa~t fh~reof, in the ay9~~ g~'r s:,•+~ atc~~s,~d ~
~n exccss ~hereof, shall :ontain ~he vaual s~a•~da~d mo~~y~gre c~ause or su:h o~her da~se as the htortqayee may requ.re. ~~aw~ng ~t:r .oss ~~~d..•r i,.J po y
c:es, each and eve~y, pa~aae to sa~d .\~ORfG4GfE as ~tn ~ntcr„st may appear, a:id each and e~ery wch po~cy shail t~e pron~p~•y assynrd a+d o~•'.•.r.~d ~
e~y held by sa~d htORtGaGEE as iu;~har secur~ty ro ea;d ~~,orig~ge d~•bt, a~:d, not iess than ten ~10) days in ad:a~~ce of the exp~rof~on uf rach po:~c,, fo o~
~.ver ro sa~d h10RTGC.GEE a renewoi ~hereof, toge+her v~nh a rece~F:t for the prr+nium oi wch ~e~~ewa'; and fhrre sha,i Le no f•~e o~ ~st~'~~' ~'.wranc
placed on any of sa~d bui!d~~~gs, any ~nrerest there~n or par~ ti~creof, un'ess in ~he for~T, and w~~h t!~e ~css payauie as afo•esa~J; a~•~d ~n ~1~r e-e~~t a:~r s~n
of money betomes pa~abie under s~ch po!icy or pci~cias aa~d MOkiGFGEE ah.~fl have ~he opt~on ro reo_~ve .,cd a,^.F:y t„a sa~ne on a,co~ 01 ~he ~~~~f~'_'t~d
~,ens secu~ed her~by or eo perm:t sa;d MORTGAGURS to rec~~ve and use i~ w any p.~r~ ih..;~~of t:.r c:~,•r ,.c~: c~~~. ,..e l~'
~~g any eq~:ty, Ilen o~ ~~gh1 ~~ndr~ or 6y virive of th~s ~nccegage; and m ~h? event sa.d MORIGAGORS :V~~'! fo~ ony reason fa~l to k~•ep ~f:e se~d prrn,~s s so
Inw~ed, or fail lo de~~ver pranptiy any of sa~d po~,.~~s Of i~wrante to sa.d MORIGAGEE, or i~i ~r.on~Hi~y ro F~y fu,I~ ony pr~ tho«~tor or m o•~y
re~pect fail to perform, d~scharge, execure, effect, ca.~p ete, co•nply wi~h and ab~de by th~s covena~~t, o~ any p.;rr h.rroi, s:+ d!.:~.:RT;;.:G~ E n~.,r' t-~ac" ~ o
paY fw such insurence or any part the~eof w~rhout waiving or affeiting any ophon, lien, eq~ny. or r~~M ~~:dei or b~ v.rr„e of ~his !.tor'g~~e. m.d the
f,;il amount of each and e.ery such payment shall be ~m.med~ately due ar.d payab!e and sh,it brar ~nsei~s~ iro~n iha d~~e ~h~r~~ot v~~r~l p~~d at thr ro~e o1
,.ne pe~ cenrum per ann~m and to3rth~•r ,nrth suth int~~ccir sh.:u br srw~ed by the 1~en Of this mortgage.
1. Ta permit, commit w suffer no waste, impairment o~ detrr~oration of aa~d prcpert~ or any part thereo[.
5. To pay all and s~ngu~a~ the costs, tharges ard expenses, ~nclud~ng a reasonab~e ano~ney's fee and cos~s of ahst~acts of t~lie: intuned or ~,j~d at
,ny ti..e by sa~d MORiC,AG'_E, because or i~ the even~ of rhr ia.iure on ihe D3rt of the sa~d hSpRTGAGOR to du.y, p~o:~puy and fu~~y F~rfonn, dacha~ye
~,ec~te, e}fec~, compiete, comply •x~th and ab.de by each and rvery the Stip~~at~ons, agree~~+r~ts, conda~ons, and cove~~a~~TS e( sa~d Fro•n~ssory no:e a~ ~f il~~~
~ o~tgage any or e~~her, ard sa d costs, charges and exprnsrs, each and e+ery, shall be immed~are~~ due a~d payal~:e; v.h~•~hcr o~ not ~h~•r~ 6r no~~ce dA
~..~~~d, attempt to co~Iect or su~t pend~ng; and the (utl a~naum ot each ard e~ery wth paymrm sh~il b~a~ ~nr~res~ t~om ~he date ~he~eot ~ntil pa~d at t4.e
~~e oi n~ne µer crntum per anno:~r, ond ail sa~d cesrs, chargcs a•~d c¦~e~~ses ~nc~rrrd or paid, togrther wnh s~ch interest. shall be secur~•d by ~he ~~en ot th~s
mortgsge. '
6. That (a) in the event of any breach of ih~s Mortgage or de'aulr on ~M part of the MORTGAGUR, or ;b) in ~he event a~y of sa d s~ms of money
h~rein referred to be no~ pro~nptty and fu:ly pa~d vv~t~~n rh.~ry ~3~i (~3~J5 ncat a~~er the sa~ne se~era':y becane due and pa~a~!e, w~tFout dcmand o. nct~te.
cr ~c) in the event each and every the s~ipu~ations, agreements, co~~d~r~ons and covenants o4 sa.d prom~s:o~y ~o:e and ~h:s mortgage any or e~~her a.e not
iv'.y, promptly and fulty periormed, dscharg.~d, eaec~ted, effected, completed, tompi~ed with a~d ab~ded Sy, then ~n enher or any wch event ~he sa~d ag
3~egate sum mentioned in said promissory note then re~na~ning unpa~d, w~th intere>t accrued, and u:~ ~nor,ey~ ~~tured hereby, shall beco~ne due a~~d pay-
no e tor~hwith, or thereafrer, at the opnon of sa,d MORTGAGEE. as ful~y a~d comp;rfe:y as if ail of ~he a_ J w~~s o4 money were o~~g~na.ty s~:p~:ar~d
~o be pa,d o~ such day, any~h~ng in sa.d pro:n~ssory nofr or in th~s hlortgage to the contrary ner v~~hs~and~:~g; a~•d thereupon or ihrreairer a~ ~he op~,on of
s+ d MORTGAGEE, wnho~t nonce o~ demand, su~t at law or in equ~ty, the~efore or therraf~er begvn, may be prosecuted as if all moneys secured hereby
r,,d malured prior to ds institution.
7. T},at in the event that at the beginn~ng of or at any t~me pend+~~g any w:t upon ~h~s Mo~tgage, o~ to foreclose it, or to reform it, or to enforce
; a~me~t of any ciaims hereund~r, said MORTG+~G'E sha:~ apply to the Cou~t having ~ur~5d•tt~on thereot for the appouvment oi a Recr~ver, such Court sha~l
r._ thwirh appo~m a.eceiver of idi(I mo~79dy~~ N~OPerty aIl and sing~'ar, inc,~d.ag all a~~d s~~~~u~ar ~he incoine, p~OfAS, issues and re~e~~ues t~o~n wh:,re~er
s_ .-ce de~ived, each ar.d every of wh.ch, i! be~ng express!y ~nderiroed, is i,ereby mo~tgagi-d as if speuf~ca!ly iet for~h and desc.~bed m the g~anr~ng a~~d
~`:endum cla~ses he:eof, and such Rece~ver shau have a;~ fhe brcad a~d ettccs~ve funu.o~,s and powe:s in anywne e~~rusted by a Co:,~t to a R~c~~ver, a~~d
~h appoin~ment shall be made by such Cou•t as an ad•n~fred eq~ity and a rratre~ of abso~ute ng~f to sa~d MORTGAGEE, and v,,~thcut reier~~~ce to tt:e
n~!equacy or inadequaty of the value of the proaerty mortgaged or to the so vency or ~nso:vency of said. MORIGAGOR or the ~'ete~~dants, and :h,t weh
,~~•rs, profits, inco.ne, issues and revenues shal! be app~~ed by such Recriver auord~ng to the Gen or equity of said MORIGAGEE and the prau~ce of wch
Co~rt.
8. To duly, prompt:y and f~i~y perform, discharge, execute, eifect, complete, co~nply w~th and abide by each and every the st~pula~~uns, agreemeNS,
_~nditions and covenanis :n said promissory note and th:s mortgage set forth.
9. That in the event rhe ownershlp of the mortgaged prem~ses, or any part thereof, becomes vested in a person other than the MORTGAGOR, the
!1 ~RTGAGEE, its wccess~rs and ass~qns, rr~ay, wirhou~ no~~ce to the YORSGFOR, dea~ w~th such svccessor or successor in inlerest wrth reiere~~ce to th~s
^ o~tgage and the d>nt hereby secured in the same manner as wnh 'Sor.gago+ wnhout in any way vit~ating or d~scharging the IAc.tyagors' liabuity here-
der w upon the debt herebr secured. No sa!e oi the F~emn~s hereby mo~tgaged and no fertxarance on ~he pari oS ~he /AORiGAGEE or its s~ccessors
ass~g~s and ro extension of the time 1or the payment oi the debt h~reby sewred given by the MORTGAGEE or its ~uccessws or ass~gns, a~~all operate
~c re!ease, d.scharge, mod~fy char.ge or affect the orig~nal l;au.:.ty of the MORIGAGOR herein, either in whole or in part.
10. h is spedl~c~lly agreed that time ~s of the esserce of th~s contract and that no waiver oi any ob!~gat~on hereunder or of the ob!igation se-
~ed hereby shel~ at an~ time thcrea4~er be he:d to be a wa~ve~ of rhe terms hereof or of the insnument secured herby.
~ . _ .
i agrees to aay ro mcrtgagze ~~th each monfi~,y pay:.~er:t an adc;:r[o~~al su•» es' ~ ated by mo+tgagee to be eyvaf to 1. 12 oi i` ~ o the foflow-
~
~ A-AII rral rroperty taxrs levi:d or asiess_d ag ~~~~st rh~ esr~ d reaf es'ate.
~ B- Fr~_in~u•ns on f~re ar.d windst as ne~e~n rcqu~red to be carri•~d on the :mproveme~ts s~tuate on the abovc desvibed premnes.
. ~n~ln:
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S ~comwn+s.
5 IN YJIT`JESS :YNEREOF, the sa~d MORTGAGOR has hereunto set his har~+ and scal the day and year first afores~d.
~ S~g~ Sealed nd de 'vered in the presrnce of: Q~ '
' 1-• (Seal)
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~ L : t.~~~i ' ~ ~ ~ Seal)
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a~~
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;~r,TE OF fIORIDA 1
~ ~JUNTY OF St . L uc i e ;
~ Kurt Wessely and
Befwe me prrsonally appeared
~ Donna M,~. WeSSe1~7 his wife, to me well known and known to me fo be
~re ind~~ia• descr~bed in and who executed t egoing instrument, and acknowledged before me that they executed the same fo~ the pt~rposes
rherein expresud. And the +a~a___ Donna~ W@SS61y
r.:le of ihe sa~d Kurt WeSSe_~_ _ upon a aeparate and priv~t~
~.am~nat;on by me taRen separate and apart irom her sa;d husband, ackrwwfedged to and befo~e me that she executed said instrument freafy and votwr
ra~uy and w~thout a~y compv:sion, const~aint, apprehe ;o~~r tear of or from her said husband. ~2
Februar ~
~ VYITNESS my hand and ~fficial seal this_ day of___ y A. D. 19_
--_-1~1~~5.__Jk(~L-'__~~C~K~'71 V'• _ .
~ Natary Pvblic in and !or the Sta}e o1 fipjida !t larye ~
My C~mm~ssion exp;res: ~ r ,
Retwn To: ~ j ~ .'v
Fint Federal Savings 3 loan Associat:on ~ •
;'~s Of iort Pe;ce •
Fort P~erte, florida
:'s
= F ~EO aNe RECOROEo
S~.lUC1E C~UN1Y flA. /
This Instrument Prepared By Thomas A. JZ1sCO11 ROCER Pr?ITRAS ~
~ CIEAK C~~~CUIT COURT
- First Federal Savings 8 Loar Association RF.CORD YfR~FtEO -
of Fort Pierce, F1 o r i da
= Checked B~---- f~S 18 ~ ~ Z7 11~ ~ 1~
~R y
` ~~~0~~
_T~ FORr2~y PA~~2~60 cf
: ~3