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HomeMy WebLinkAbout2682 3. To ~c~~ a~~d co~~t~~,,.o~sly leep on ~~~e bw d~ngs now or hrr,~aftrr ~nu.ire en s..~d land a~~d on a'~ . q~,F,:nant and ~:e~son,~liy cov~ied by ihis mo~ d~P. W:t{l dll (;JC'rt„~~~~5 1},,Ii~ol1 j;aCr in ~u;1, 1dc u:i~r::n[B d1 til° uiVdl Siert~~r(~ No~~C/ IO~n7, ~n d~..~.n ~~.~~G~c(~ bI ihr ;.1VK~v:.IU~C. oni~ w~:f~StO ~~~s~~a~cr ~n ~he us~al ,+.,:~o,-d ~~u:.cy iw~r•, m a s~~:i a~.F,ro.ed by the h1JRTGAGEE, m su:h cv~ E,-:~~y or c~~~~; a~,.~s as U,e ''.;021;,AGEE m J~;CC~; d~~f~ d~~ F~l@ d~.:f ti~n(jSW/nl ~r.SU.'orKc' E.J.~C~rS On diTy O~ S~iJ bui~.d.nys. any i~ltil~st t~~~rc'in Jt ~ dr~ th~•rtp~, ~n IFiC dcJ7:•:~~~2 S~~n il!0t2idrt~ in excess th..rcof,.s~~all :onr,~n thr ~s~.:! sra J,~d ~no~t~.~gae t~ause o~ su;h aher c'ouse as 1he ltlatya_~ae n;ay rey~.re, n~~\~ng tl~~ ~cis u~~dar s~d po c es, each and c~rry. pay.,b'.e to s~,d !:.vRI:.AG,E as ~~s ~nt~~rast may apprar, and each ar.d e~._ry svch ~;o :c~ si~o:l ur ~,r~n:N~,y ass y•:c.~ ..~;d dc.~.cr,-d e:~~ hiid by sa~J ;.tiORt„aGiE ns f~nh._r i~~cunr~ to sa~d n:or~gege ~rbt, and, not fess than t~~~i (10~ d3~s ~n :~;l.;r:c~ ot ttv caF,~•~f.on of ,;,,ch ~.o.~cy. ~o d~ ~~.et to said ~ti10RTG:,GtE a re~tcr:o~ t't~cr~~of, legethrr wi!h a reteipt fo~ ih+: pren.iunt of suth re~~.•.va'.~ ,:,,d i4.cre s!:a~i t:~• np f,rc i.~ .v.~:~irc~.n u.su+enc p'.+ced on any of sa:d 6~~~d•,zs. any ~~n~,~v fh~~e,n o~ ~:an fhereof, ~n!ess in ihe fcrm a~~d v,~~h ihe .cis p;~,.,i,'e ,~s af~rrss~d: .~~~d ~n rt:e e.ent a~~y s.,n of n~oney beco•~~rs payab!:: ~:,ci.~r s~ch F.o:~cy or pol~i~es said h40RiGAGEE sluil have thr o{,t,on to r~c:~... ..,.i tno s:, ~,e on .,.:ou.~t ot thi• i~~~c,.~._d n:~is iitarrd her~b~ o~ to pa•rn~~t Sa:d 1.4:ikTvAGOR$ to reCriv@ anc~ us0 it Of eny p•~~T ti~_~:._of t:r c~r., r~:.• i: s ih , r ~ry any eq~ ty, I~e~ o~ r~~M w,d•~r or by v~rr~~ ot th~s mcrrg~9e; and in the event sa d MORiGAGORS sh,:t io• any t~•dSJ~I 5~11 to k.c;> thr s.~;d prc ~~,s s so ,nsur~d, or fai! ~O f~e'iva~ pr0~~~}.tly dny of S~~t~ poi~t~f~s Of insurance lo sad h10RTGkGEE, o~ t.~:~ ~::c:~~rrly to {•ey fu.:y u~}y thc:~!v~ or in d~~y resE~~cr fait fo pertorm, d:s.h..r3e~ ~•,~.•c+,r~•, effeo, co~npl~te, cor,pty wirh and a5~de by th,s covc~~e•~+, or any p.,,~ h.rc-of, s.,:d td~~Ri,,=.G=E n,,y i; ac•~ ~ a c=; fo~ wch ~nsur.~nce or ~ny ~.3rt tF~~raof w,theut wa~ving or affetting any oNtlon, i;En, eqv~ty, or r~_~l,e u~~d~•r or b~ v..rue o+ ~~~~s !Ac~tg.+~e, a~~d :hc an,ovro of each and e.eri s~ch pe;•n.rn~ sha,i 6e ~r.:,~~ed~arriy due and payab!e and sh,,:! bear {„t~•r~st trom tha dat~ th<~rcof u~~Nl Y.,~d ai ~he rate o1 ~~~.e P2! [.~nium ~:.@/ di~nu n ~~;i~ t:.~..~h.~r y~~'1~ S~Cn ~n;c:<~St S~l.iu ba S~'CU!2d by ~he lien of T~US nl0lt9d~~`. 4. TO pefmit, COmmit w Suffrr n0 waalc, in,pdirn:i•nl Or drteripration Of said property er anp pa~t thcr~of. 5. To pay ali and s~ngu!ar the costs, charges and expenses. ~nduding a reasonab~e attome~~'s fee and ccsrs of abstracts ~f t~tfe, ~ncuned or pa~d ar ~•~r tbre by sa~d A1vRtiiqG!E, beca~sc cr ~n ~he e.enr of the fa;iure on Ine part oi ~he s.3;d lL1ORTGAGUR ro du~y, pronp~ly and f„~+y pc~tonn, d~sv~arg~ cuTe. c'fect, cen~rt~te. ce•nply w:~h and ab elr by e<~ch acd every the stipu~at:ons. ag~cam~~nts, co~~d~t~unt, and co.enanrs oi sa~d pro ~:seory nute a~~d tl.,s ~•rg,g~ any o~ r~iher, a;,d s_ d cosrs, charg~s o•~d eKrenses, each and every, shaii be immrd~aYrly dur and payab;r; whr:her o~ no~ sh~,~e L•e nor~ce dr- ~~d. ;ct~~ npt ro co:',ect or s~it pend.ng; and rhr 1v': a~~ount of each and every s~:ch payn~ent shall bc a• m!~•res~ from the date ~her~of umil pa~d atii4~e u• ~.~n~ ~er cc~:;~~n ~.ir .,n.,~ ,:n~ a:i aa,~: tosts. tharg~~s a:~d ~t::a~~scs irxurrrd or p..id. ~ogethcr ~n~th wth ir.terest, shaii be setured by the ~~ro of th.s -~ortga~e. 6. iha+ ;a) in the evrnt of any breach of th~s hlortgage or defaull on the pa~t of the !:.O^nTGAGOR, or ;b) in ~he event any of sa d sums of money ~:~~.-in retcrrrd to be ro~ Fren,pr~y a~~ fuily pa;d w;fr~~., th.rty (3J? days next ait,r th~ s..~ne se:era':y Deio~+ir due anJ pa~u6!e, w~fh~ut de~nand oi non~~, -;c) in thr even: each ar.d evrry tne stiF,u.ahons, agreernents, te~:d~;~ons and cevenants o! s.~.J pro:~~~sscty no~r and th~z mortgage any o~ eeher are not i•.,iy. E:romptly and fuity perto,~,:ed, d,xnarg_d, execu~rd, eifecred, complered, compi~ed wnh and ac:d•,d 5y, then .n e~~her or any wch event the sa.d ag~ ;:3a!e sum menno~~ed ~n said pronu;sory ncte ti~e~ti rcn:air.inq unpaid, with int~rz;t acuued, and a.i mO~1~yS sccured hereby, shail brco~ne d~e a~~d pa;- e~: e torth,v~th, or ~hcrra!r~~, at ihe op~~on o'r so:d htOBTGAG~E, as fuliy aixl comp:e~eiy a: if a~V of th~• s~~d s~ms of money were or,g~na,iy a~:p.,,and to ha pa:d on such d~y, anyth~ng in s.+d pru:n~sscry note or in this Mortgage to the co~itrary notrri~hst3nd~:~y; and theteupon or thereaft~r at fhe oFt~on of s-:f htORTGAvEE, w~rhout nc!~ce o~ dcmand, suit at !aw o~ in equ~ty, theretore or thercairer begun, may be prosecuted as if a!I moneys Secured he~eby ~ ,d marwrd pr~or to ~ts ~nst~;ut,on. 7. Thar in the event that ar the beyinn;ng of or at any time pending any surt ~pon thls Mo~tgage, or to foreclose it, or to refwm it, or to enforce ~sment of any c~.~ims hereund~•~, seid Rt:JRiGiaGEE sha~l apply ro the Coure ha~~~~g ~ur~sd.U~on 7h~r~•Of IOr the apNo~ntmero of a Receiver, such Co~rt zhall •h.~~th appoint a rece~.er cf s~~d r.,~rtg.;g~d prop~~rty all a~id si~3~lar, ind~d.ng ail and si~:g~iar the ir.con,e, p+ofas, issues ar.d reveuues from whytever s,•ce derived, edch and every of ,,,h;h, r. Gc„~g express'y unders!ood, is Ferrby morTgn~~d as if spec:lita~~y ser forth and descr~bed in the g~ant~rig a~:d .r.endu~n t!aus~~s he~~o+, a~~d such ReceE~er sha~i have ai~ the broad ar.d effxrive f~nct•uns and po~ers in anyw~se ent:uated by a Cou~l to a Recciver, a~d s c1: sppo~ntme~~t Sh~N tk• n:3Je b~ w:h Co.:.t as an ad nlttrd equity and a matter of absoi~t~ r~yht to ~said MOkIGHGEE, and w~thcut referrnce to the t~• a.:~cy or inadeq~ati of I?:~~ va!~e oi thr properry mortgaged or to the so.vancy or ,~,;c:vancy of Said h10RiGAGOR or the defrndants, or.d thst suth •~rs, proi~ts, inco,ne, essurs aed re.er,;;es sha~t be app:~ed by such Rec~~ve~ accord~ng to the iien or equity ol sa:d MORiGAGEE and the pract~ce of wch l.J~f~. B. To du;y, prom;-tiy af,d fui~y perEorm, d~scharge, execute, eftect, complete, corr;ply with and abide by each and every the st;pufations, agreements, ~ d~r~cns and covenann •n s,:d prom~ssory rore and th~s morr~age srr iorth. 9. That iR 1he event the ovJnersh:p of the mortgaged pren~~ses, or any part therEaf, becomes vested in a person other than the MORLGAGOR, the 4TG~l~EE, its wccessors ar.d asvgns, n,ay, without notice !o the :~SORiGAOR, deal w,th such successor ar s~ccessor ~n ir.terest w~~h refe~ence lo this _~~gage s~ d the d_•ut hereby secured in :he same manner as with r.lortgagor wrtho~t in any way vit(ating or d~sc~+a~gin~ th~ ldcrtg~gori liability here- :ier or u~on the debt h~•rel+r secu~c~. No sa':e af tlre Fren;ises h•_reoy mcngaged a^d no (orbearan~e on the part oT ~he /dORTGAGEE or its successors •~ss~3ns a~~d no exrEr~s~on of ~h~ r«ne {o~ rh~~ payment of the debf he,eby secv~ed gfven by the MORTGAGEE or its successors or ass:gns, ,hall operate re e„se, d.scharge, mcd~fy ~hange or a~fecr the orig~nal liao;;~ty of the M~ORTGAGOR here~n, either in whole or in part. 10. It sp~_c:f;:.~~~y ag•erd r1~at t~me ~s of the esserce of this contract and that no waiver of any ob~~gat~on hereu~der or of the obligation se- :~rcd hereby shal: at ary hn:e tn~rrafter be,he:d ro be a wo~+er oF the terms hereof or of the instrvmenf secured herby. t 1. In ,;c,c! r:o ~ ro rhe foreqo •~q +~~onth'y pay,n_~nts of pri:,~ paI and inr, r.~st requ~red by the prom sscry ne~c sc:u~zd her•_F,~, mortga3or covenants • ~ agr•~es to r~y tu ~~.;-!g.agee v.~~h ,a;h ~;~onti,'y pa~: :ent an add,rional wm es! ~~.~r~d by mortyagee to be ec~~al to l, i2 of t:tie ~m:ual cost of the folfow- A-Af: ~eai prop::~!~ tex,s te.~~ : or asse~.:;i „g~i•,st th•~ above desvlb•=d r_aI esrar,~. S Pr.,~,.,.:~s o~ ive a~.d ..~r.clsto~+*, insurar[e as nere;n req~;red to be carr~•d en the .-~:;,rovements s:tuate on th~ above d_scr;bed premises. C-Vrarn,~~, s on such n:or~~ ,ge guaranty insurance as mortgagee sha~l frorr t me to t~•ne deem fit to carry on the ban secured Itereby. 1'rlortgaq_e s^.> :'~om n~„e to t:a:e ncr~f~ mcrtgager m wr~Kr,g of the a~~-oo~t d~~;e and pa~~abfe hereundar and wch su~n sha!! there~pon be due and ..,b'e on th~- clue ci.~~_ oi rh; n.".t n;o;:th:~ u;;y~,:_„t and each succesz~ve ~o^Th thereaf~_r u~:til mcrtg3gee sh3!I notlfy iz~or!gagor of a change in svch _nt. S~cn su~ns s! ~:i i:e ap;•l~d by rnorrgag-:~ to~nard the paymeni of rea~ property taxez, insurance pre~t~~.ums, a~.d mortyag~ g~aranty inwrance . :~~'~~i~ms. tN t:lTP1E~S ::ti~REOF.~~a~d 'AOki~.GOR has here~+to set h~s hacd and s_•a1 the day and year first aforesaid.J ~ ; Signed. Sealed a~d delivered in the pre~nc of: 1 j~~~~''!N 1~ ti ~ ~ - CC lA-~/ Ro rt A. V Natta t~a~~ - ~ • c5ea?) ~.+c ~~b ~ Q~- (Sea!) _ - - Ellen Van Natta l~a~) ~'aTE OF FLORIDA ~ St. Lucie u- c.~urm oF ~ ~ Before me personally appeared _ROb@Yt A• Vdri NdtLa _ a~ E11@Tl Van Natta _ _ h;s wife, to me wetl known and known to me fo be ~ ind~v;duals described in ar.d who executed the foregoing instrument, and acicnowtedged before me that they execu~ed the same fw the purposes r~e-e~n expressed. Ar.d th~ :~~a _Ellen Van Natta r::'.~ of the sa:d __ROb@Yt_ Q, _Van Natta vpon a separete and pfivat~ ~•a-~:nar:on by me ta:e~ sepa~ate and apart from her sa~d husband, acknowledged to and before me that she exetut~l said in3 ment freely and volu~- .~.,y and w:thout any comF;ulsion, co~~straint, apprehe~~o ~r fear of or from be sa~d husband. ~ 4 WITNfSS my hand and offic~al seat th~s_ __-_nL~ - _ day of_ U?1@ ~ p y 72 1 ~ _ ~ ~ . ~ Notar Pubtic in and for t St e of Fbrida a! li~ge My CO mi5sion expires: ~ } Retum To Frst federal Savings d loa~i Associaton p: -,..r FILEG A4~; . cl.f~9DED F~~, c~:..< F, ST tt1Cr ~'r:i~iir FLA. i F~~:. . i C : , f ' oc~_~, _ :1...;,pp • ' j . T~~s Instrument Prepared By : J. H. Roberts~ Jr. JtJN 3Q 4 03 ; First Federal Sav~ngs 8 Loan Association of Fort P~erce , Florida 33450 ~ ,~.3259p Checked By J~------ - 3U~Q+c 203 PAGf - ~ ' > - , ~ ~ ~ ~ `.2 ~f~ ~ _ _ . ~