HomeMy WebLinkAbout1562 3. Ta p'.ur and iont~nuous'r Arep o~~ ii,e t,~~ ~f:~ ~s no.:• or hrieaf~rr s~~uate on sa~d land and on a, •.~,iE;menl ar.d personaliy co.r~cd by thls mo~
i_?e. w~ih a11 pr~n~.,~n~.S ti:ercon i,~ cr ~n fu:l, f~r.> ~ni-..r~nCi' ~n ti~.t u5~3i it.u:~a•d pO~:iCy ~Orm, in a 5um 3~.~iv+ctl bj 1h~ l~1VK~,..•:.CiEE, a~~d vv~'~i~Sto
,nsurance in ihe uw~i st,~~~.,~d <y for~n, in 0 s~:n ar{~:o.rd bY th~: MJRiGAGfE, in s~ch to•rpeny or CU'~~~)di1.fS as the A'.ORTGAGEE m
J~reCt; ~nd all fi~e ~~.:i w.nd>~~rm iniur,inte Fo:~c,rs on an~ of S~~d b~~id-~~,gs. dny intCrost th~re~n ot E~a•1 thareof, in ihe dgg~•-gatc S~~n dforCSdid
in exceii ih~~reOf. S~i.lii ;O~~L~n t!:e ui~.~..: st~~~(j.i'(~ n~orl~;7c'2 Ci.i~SC Or iU:h Ot~i@r C'.fuSe ds Iht +.~o~tj!_~ce ~»dy ri.j~.te, rt~~dl.in9 ih~ iGSi ~~~i~2r S.i,C~ PO
c~c•s. e.~Ch ond cvety. Na,.:i~'~• to s.,id ,\1Jkiu4vEE as ~ts l::t~v:it ~:iay appeai, and iach ar.d e~ery such p~ .cr sf~a~l iir pren~.pY~~y ass g~~cd o,'.cl de:i1~•red
an~ ht•Id by sa~d ~:,OR;G4GiE as f~-ih_r z_cunty ~o ss,d ~•.or~ge~e d_b~. ar.d, not Iess than ~en ~IOi d~~s in ad:,~~ce cf ~h~ exNuat'on of e,:h poi~cy, ~o d~
~;ver to s~id !dORTGAGfE a renev.~! the:cef, togeih~r with a ~~~ce~pt fOr thr prr:n~um oi such rener.a': a~d ih~•re s~~.~'.~ b•~ ~~o i~re or .:!ndsto'm insurant
~ccd on a~y of sa~d 6~:: ~~~~ns. any ~nt~ resl tiiereln or pa~t thereoF, u^'ess ~n the fonu and with ihe i(iS3 paya!.:e as afcres~~d; and in tf~e e.en1 any S~n
of rt1Cnc'y b~•co:nes p~~~b:e under s~ch ~,o~:cy or pol~uzs sa:d .ti1i~R1GAGEE sh.+il have thr opt~on ro rrc~_;v_~ ~~~~~,d apN~.y t.~~ sa~ne on .,aou:~i of the ind~•bt~•d
-~~rss se.ur~d hrr_by G~ tn per:~~~rt s~~.d rr,oRrG~GOeS to !i~te~ve and use it Or anY i::~rt ti~~::.~of r:,- .:e•_~,. .~..t~..:,t th •3 .;r rr~: r
;r~,~ eny eq~lt~r, Gen or ~~~hr u:~d. ~ o~ Vy ~~rtur o+ th~s ~Ticrrga9e; and in the event sa d h10RTGAGORS~sha!I ,`or any re~son fail to kcep the sa:d prcmii,s so
ns~i~d. o. f.ul to de iv~rr {~;o::,{,ity any o1 sa~d F.ol~c;~•s ot ~nsurance te sad MORTGAGEE, or i.~~: =;c;;-,.F,t~; to ~:ay fu:~y any prr n~.•r~ tE,~~~~or or ~n a•~y
resF:~~ct la~l to perform, d:s~~~.-:~;~c, ex~~cu~r. e!fect, cornp~er~•. conpiy w~rh and ab~de by th,s cove~u~:t, or any p:~~f I,.~eof, s+~d ti1GRTG.~G'E n,ay p:ace a~a
:~y fo~ s:,ch insvr.~nce cr any ~:a~t ti~ereof w~thour wa:v~n9 or aficcting any opt~on, Gen, equny, or r~ ;h~ ~nder or by vi~~ue ot th~s Mortgagr, ar.d thE
~;.n amow~t of each a~~d c.e~y s~ch pa;•r.~~m shall bc ~mmcdmtely due and payable and shail 6~•ar intcic•st from the date ~hereof un~I1 p.,~d a~ the rafe oi
• e a~er c=mu~n ~~er a~~n~ n ~n.l t~~_•ti;~r ~n~~h suc~, u~!er~st sn3~~ s:c~re~ by the Iien of tn~s mortgagc.
d. To permit, tcmmA or suffer no waste, ir.~pairr.~tnt or detenoratiun of sa~d propeny Or any part thereof.
S. To pay al! and s~~;guia~ the costs, charges ar.d expenses, inc:~ding d ffd50~~3UIc' attorney's fee a•~d costs of abstracts of tit(c, inc~rred or pa~d ar
~n~ t~ne by s~~d h'.URiGAG°E, betause cr ~n fi~e evei~! of th_ fa.lure on tiie part of the said ~S~RTGAGOR to duly, pro:nptly and fu:ly perform, d~schjrge
cute, effeU, ce~n~:i,te, ccn~-:y wnh a~~d abde by e::ch ar.d every the stip~lat~ons. agre_~»~nts, cond~t~ons, and cove~~ants of sa~d pro~n„sory note a~:d this
';.rgage any or e~nc~r, a::d s~ d cosrs, cha~ges and expznses. each and every, shalt be immedw!e!y due and payab.e; whether or not there be not~ce d>
-~~,d, attc:::pt to co:~zct cr ;u:t p~~nd ~~9; and tke fuil amcunt of each and every svch payn+rm sh~ll b~~a. inteies~ from the date thereof ~ntil pa~d at thc
u~r c~:~r„ F._; , .,ii i.,:J ce.iti, cr...:3rs ard exoa~.s~s ~ncurred or p~~d, to~~ti~~r ~v~th wch ~n~erest, shall be sewred by the I~en of th~s
,~ortgage. ~
6. That (a) in the evcnt of any Lrrach of this htortgage or defa~~t on ths part of the A'.ORTG~~GOR, or ;b) ~n the event any of sa:d sums of money
e~n referred to bc r,ot ~.o~~•~•:v a~:d fu.ly ~:a~d v:Ithi~ tb.~ty ~,30? dars next arrc•r the s.~~~~e severa::y beco•~~e due and patab!e, without demand or notice,
_,ci in th~• e~ent eoch and ev„r~ the s!~Nu.~tions, a3re~mrn~s, cond~t~o~~s and covenants o! sy d Ero>>iswry net~• and t~~ s mortgage any or either are not
;;,.y, pro~nprty and fuuy perlor•~ ~~d, d s;!~ary_d, exewted, et~eaed. cornp~eted, comHi:ed v:~ih and ai:~~eJ Sy, then ;n e,ther or any such evem the sa~d ag
~at_ 5~~n m2nt~onec3 in S~:cj {'rD'•.~ssJry nG•e Th?n re~na~n~ny unpaid, v:ith irter~;t dtituec~, ant~ d~l tronc~S s~~cured hereby, Sf~ail bCCOmC C~u@ dnd F1dy-
, tcrsh.~:rh. or ii,~rea'~er, af th~• e~~r~on o+ s.~.d AtORTGAGEE. as fu11y a~~d complrrr~~ as ~i a~! of s.,,d s~~, s of money were or,g~na:ly st~p~:ated
t;., ;.a d on s~~ch d~~. an,th~r.g in s., d F,ro:o,;sory no*e or in tF~is t.tortgage to the conrra%y noi.v~!hsi3~~J :,y: e~•d ihcr<~upen o~ thereafte~ at the oF»~on of
d h",URTCiAGEE, v~~~h:ue nof.c~: or ~~~~n.,:,d, s~rt at {ari cr in equuy, therefore or ther~a!ter brg~n, n~ay 6e prosecuted as if all moneys setured hereby
..7 mat~red F,r.or to ~ts insh7~~t:on. ~
7. Ihar ~n the etient fh,• at che b~•y;~n ng of or at any t~me pend~ng any surt upon th~s :'o•t9age, or to foredese. it, or to reform it, or to en(orce
;.,.ment of ~ny c.,~~rs hare~~ d~~r, s.,id t.1J~Ti~r.G~E shal! appty to the Court hav~ng ~u-.sd.c~.on 11,•:~t•vt tCr the appo~ntn:ent oi a Receiver, such Co~rt sha~~
_ rh.t+th appO~nt a~ece~+er of s~id n:o:t~~grd Nrop~'rty al; and d~ng~lar, intludng e,l a~~d sln~~~ar tne icco~ne, p'ofds, issuei and revenues from whatever
s: ~•ca danvcd. c~ch a+'.d every ef •,~,~i.ch, it bc~ng exprrss'y unders:oed, ~s her_uy enor~3ag. ei as if spec T~c~ily set forth and described in the g~amu,g and
: end~m e'a~ses h~~reof, t,~d wc~+ Rece~~er shau have ail the 1i~oad and etfrc•~ve i~ne' u:~s c~~d por.ers m anyw~~se emrusted by a Cou~t to a Ret~iver, and
h appointmi-nt sh,~: t~• n,d~ by such Cc,;,~t as an ad•~itted eqcrty and a rratter of a'_so'ute r~ght to sa~d MORTGAGEE, and wi:heut referrnce to the
a_~;cy or inadeauacy o4 the va:ue ot the property mo~tgaged or to the sover.~y or in~o..enc~r oS sa:d MORiGAGOR o~ the defcr~dants, and th:at wth
- rs, proilrs, ir.co:ne, iss~es and cever,~es sha~l be appl~ed by such Recr~rer ar.orci,r~g to the iien or eqvit~ of sa~d A10RTGAGEE and the praUice of such
~urt.
8. To d~!y, p~ompt:y ano fu:~y perfo~~~~, d~scharge. exe.ute, effect, comple~e, canpfy w~rh and ablde by each and every the stipuiations, agree:nents,
_ dlt;ons ar.d cevenanta ~n sa~d prorn~ssory no:e and thls rriwtgage set fo~th.
9. That in the event she owne~sh~p of ~he mortgaged premises, or any `art tncreof, tecomes vested in a pe~son other than the MCSRTGAGOR, the
:`QTGAGEE, its success~rs a~,d ass gns, ~nay, .v:rhout nchce to the :tORTGApR, dea: w~th such successor or s~ccessor in in!erest wifh rrference to this
~?-'3agC and tFe d_~i;! 6e'ety se:~red In th~ Sa'~`= rt:ann~r as with .~.urtgagor withovt in any ~vay vit.ating Or dntharging the Mertgagors" I~d'uility here-
icr or uFon rhe ci-_er ~~e:~•:: s~.~;~rd. ho sa.~ of the pren.~srs hereby mortgayed ar.d no forbe~rance on the part of the !110RTGAGEE or its iuccessors
,ss~3ns and r.o ex~~~~s~o~ o! th~ rnne for ti,e {:ayment of the drbt hereby sec~red g~.en by the 1LORTG~IGEE or its successors or ass~g^s, al~all operate
re ~.~se, d.scharge. ~nod~f~ c~.a~•ge or affect t't~e ong~nal liab,;.ty of the MORiGAGOR here~n, either in whole or in part.
10. It is scec,fi:,il;~ ,n~aed tf,at tirne is of the essence of this contract and that no waiver of any obl~yat~on hereunder or of the obligation s~
~_•ed hereby she:, at ar}i t:•e ~h~_r~afrrr be F.~~!d to Ue a woi~ar of the terms hercof or of the instrumem srwred he~by.
i 1. In ..~a . ro <<. ~;;ay.t.._nts of ~;•~n: pal and interesr req~:red by th~ prom'sscry ne'e sccured her_~br, morrga~or eovenants
ay•..res to pay ru _,.,rh ea:'r~ .~„h;,r pa;, .rnt ar, aJ;i,~~enal sum iz'~~ oteJ by mo•t9jgee to be e:;val to 1 12 of ti~e an wal cost of the follow-
A--A:i r,ai ep• t3c ~s ie:~. : cr asse>s_ci egai•:st the ai:ove desc~ibed r.al es~~te.
o Pr ~s cn hr.• :~nd ,.~~:cis~~ ~:nw~a~cr as ne~_~~n req~..~ed to be caar~cd er: the rn,_rovemetts s''~ate on the above d_sv~bed premises.
C Prer•.~ s o~ ~.ih o r.~ g~~~~: r.ry :~~sura~ ce ns rno~tyaqee sha:l irc:^. r.~e to tun~• drem fIt to carry on the loan secvred hereby.
;.;orrn„~-c ~•c o.. r~i t, • e~u:' f; n~ortg:,3cr ~n wr~t.~.g of the a~~ ount due and payab!e here~ndar and such surn sh.~~l Thcre~pon 6e duc and
,:b:e on rti.r c?.,~ c. ~ rt. ~•.,.r ;,,o•~sh ~ p~p~~~ent and eoch successive month thereafr~. ur.t~~ mcrtgagee sh~!1 not:fy mortgagor of a change in such
t. S~ch s~~~ s s~ e :~_cf t,y ~no~tyag•:e tov+ard thc payment of real property taxes, inwra~ue ur~m,ums, a.~d mortgage g~araniy insurance
. < ~.~.i~ms.
! IN ~':lTP~ESS :':H:R~OF, tne s:s~d .40RTGAG02 has Fcreu~~to set his h3~;d and seal the day and ye first oresaid. _
~ Signed, Sea~ed a: de~iver in the pre ence of: ~
~ - - ~ '-LL ~
~ ~(Seal)
~ .10 O tl 1 L@MI l i
T.- Seaq
~ ~ ~ E.~-.-- ~ «;a. _(Seal)
~ - - Henrietta Lewis - ~seai~
~?~TE OF FLORIDA 1
St . Luc ie ~
'_,_~U"JTY OF I
Before me personally appeared _ JO~ ~OU91a5 IRR15 _ and ~
Henrietta L.~M15 _ his wife, to me well known and known to me to be
~n_ ir,d~viduals describrd ~n and who executed the foregoing instrument, and acknowledged before me that they executed the sartw fw the purposes
th_rein expressed. And the said_ _Henrletta LeN15 _ -
~ of the sd;a _ Joe Dou~las Lewis _ P
z _ , upon a. separafe'~and rivate
~ .:,-n;nat~on by me ta:~~n separate and apart from her said husband, atknowledged to and before me that she ezecuted s~ed instrument freelY~ ai:d volun-
~ y a~~d w:thout any com;,;,Is~on, cons~ralnr, appreh~nsn.on~or fear of or from her said husband. • . -
Y~ITNESS my hand and off~cia( seal this __~(eJrL~-___ day of ~LOb@ q~. !y jq ~2
~ - ' ~ .t
Notary Public an lor the: State of ~ orid~ at Ta~rge:
~ My Commission e ires:~ d `
Return To: ~~C ~
. ~ • ~ Q
~ ~irst Federal Savin~: 3 Loan Assoc~ot:on ~ • ~
ic Q' 'urt P..,..
~i Fort P~..rc~~. Fi,_r'J.+ STAZ ~
~ fllf0 ANC RfGOR0E0
KTY FIA.
~~E COU f/~
ST. a 1rER ~C~iTRAS ~
CIERK C:': GU" COURT
This Instrument Prepared By: Gary F. B11ROO~t~~P~, yEf •4• ?
~ First Federal Savin s& loan Association 'j
~ of Fort Pierce ~ FlOlCida 33450 ~j ~5 a 36 aM ~ 1~
Checked By
~ - 24Q425
eocK2~~ F~cE1562 -
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