HomeMy WebLinkAbout3404 3. TO placa a~'.d ~co~~n~,c_ s'y C:.,p ~n tne b.., .i,~,35 no.v o~ }~c:aaitet s;t,,.ate on sa d i~nd and cn e.~.~.~: m~~n1 or.d pe~sona'Jy ~o.cred by Ih~s n,or!q-
;
e9e, wnh al) pre,~...r-~s t!,_-raon i~~.~, t~r<• i~::,;:an:~ ~n tnc ~s..a; sr~~ ±rd po cy ~orm, in a s..n ar~::..cd b/ •h., ~t,.~k::...:«. ~•,J w~ndato~m
.~~w~ance in ~he ~s..a~ s'a:~d.~rd f:,.cy ._r,.i, ~n a s~;n a;.F.ro.rd by the h1JRTGAG.'E. 7n su:h cc.,~pa~+. er w.*~_~n.e: as vee ':.01T:;AGEE n~~y
d:ree~; and a?I f~re a:.d w;r~dito~~~+ ~nsv~anc< Fa~.~~•s on any of s~~d t~„d.ngs, any ~nrer~st ~hor~,n ur ~ a~t tV<<r~-,,•. In ~t~e a~g•~: j,~e s.:~•~ eioresa~d o~ _
~n eacess thrreod, st~a:~ ;o~•r,;;n the uaw~ s~., cl~~d n,or~~ i~t~ ra~se or su:!i o~ha~ c~,u:e as ~he /.1~r!ys~ee ~~uy rry, re, rr.~l:ry r~., :css ~~~J<•, s.+:d ~:o:i-
c es. each and everY. F,c..;"u:e ro sa~d '.tJR'u4vEE .,s .rs ~:~st r,:~y a~pear. a~~d e.;t1~ ,,,~d eLrry l;;,h s1~„ r,r Hr~: ur ~.,i, ~,o.~ ~ d dr.~.~~i~d ~o
eny heid by si:d f.10Rt:,%+:,cE es fc~rher sea:nry ~o s+ ei ~.~~~iga~e d~e,r. and. not :ass Ihan ~~•n ,:0! d~,s ,,i.,~,cr ef r ~~,r:.:n er <~c~, po .c:. io dr-
i~.•er to sa~d 41ORlG.1G:°_ re~:evc~l thereof, tuye~h~r w~•h a rrce~~.1 for Ihe prr:n~~m oi s~ch rr:;~•aa,; a~ d!t:_.,e s•,., + i:: ~Ro i.rr .t.: _i,re•~n i~~s.,~ence ~
p?~aced on any of s.+-d bu~'d-~~gs, any i~t~~rrst there:n o: j:::rt thcroof, ur'ess ~n the form a~d v~nh the :oss }~jy:L'r ~S o!;~esa~d; o~~dl~n ti~e r.e•it any s~m
of monev beco:nrs p.,~~b:e under s..ch po;~cv or F,o;.c~es s~,J h1~~R1G4:,EE sh~~i hj.-e ~hr op~.on To rrc~_..v _~.:d s., ,r on a:.o,, of ~t~~ ~~~J~or.d~
n~ss sec~~ec3 h~'reoy or ro p•.,:~.;r s~~d rnOR7::aGORS ro r~t~•,~e a~~d ~se ii or j:,.~n Tr,_•.~~~t i.. cc _s_~~ -
~ng „r,y eq,,,ty, i:~n or r.~ht un~.;r ur by v~:~u•~ ot th.s n~;,..ga9e; ncd in tha evcnt sad M0~2T"AGrJRS s',.>'I ~J.• Jcty ~~~:,s~~ (a~! •o are~ fne s.+;J pre::,;:_s su
nsured, o~ iail f0 dr':ver p~~~~~~,t!y any uf z~~d ~oLt;as of ~•~au-a~:tr to sa:d h10R1GAGEE, cr f.,:' p•.:.r,;..,~ to ~a~• tU:~ a:~~ y-~ n ti~~~~~fot or u, a~~y
~especr j3;1 to petfornt, d.s,har rx~~:ut~•. eftect, c0*~F~trte, co,,~,ly w~~h a„d eb~de by th~s cove",,•,f, or ;ny F:.,~f h_r~-oi. s,.d /!.~2i.,:.GEt may p a ~ a a
t~ay for s.,ch insur.~nce or ar•.y ~:art N;~•reof w~thou~ .vc~viug or a(f~~ding any o.~t:cn, i~tn, equlty, or n jl~~ w.~~~r or b~ r~tue of ti~~s :'.cr!3,~ jr, and tht
a~•~c~nt ei each and e.e., s,:ch pa;~r~~•nr sh.~l1 !~r +~r,,ned,ately d:,e and payat„e and sha:l Gc•ar i~uer,s~ trc,~~~ •he d.,ta tn~r~oi u~~~~i p~.d a~ fhe ~~~e ot
pc`r .rnt~m p~r d:~.,l~..:n r v.Cl~ Su.i~ ~n•r•,SI ]h.::. i~~...2d by 1f1B I:en of th~i ~n0•'!9d)C.
TO permif, eornmit or SuEter no H,aste, in:pa~r,rcnt o~ dc~~~.or..~-~:u o1 s~:d plcperty or dny part iher•~of.
To pay all and s~ng~~ar the costs, charc~es aud rw~;enses, ~nciudin~ a~raso~~ab!e atrornr~'s fee .,•~d ccsrs o! .~bsnac~s of r~te, incu~~ad or a»;d ar
~ by s~~d M1ll1R1GAGEf, beuuse Or in the even! of tne f,i.:~r,; on tne part of the so~d 1t1~21GAGOR tc d~~~y, p~o:~~;~t~y and f~ iy ~;~riprrn, d~s•.nerge.
,.c.,te. eficci, cen,N:~-re. co•:~F::y w:h and obd~ by e::ch a~,d e.ery ~h~ stip~~a~~uns. agrer„~~•„rs. cond~LOns, ar.d wve:~~•!s of sa:d pro~~nsory nore a~d ~t~~s
- ortgage any or n,rher, ar.d sa d ces~s, charg~~s and exFenses, each and every, sha~! tx fmn~rd,ately due ar.d paya~:e; ~n:• ~+her er no! there be nc+~ce d-
n.and, atte~npt to co;,ect or s~lt pe:}J.ng; and the f~,l a~neunt oi rech a~d e~~•ry svch pa,ment at~„V! bea~ ineeresr +rom the dafe ti~ervof unTii pa~d at ti~e
o~ ~~:ne cer ce~~~..n• o.~~. sa~d :ca~s. U:a~grs a;d cx::ci ses ~nc~rred or pa~d. ~og~thcr :ti.th wcl~ inr~:cst, sha{i i~ sec~rrd by the ~:~~n cf th:s
mortgag2.
b. That ;a? In rhr event of an~ F,r~a;h of th~s Alortg3gr o~ d~fault on th~ part of the h'10RiG ~GUR, or 'b) fn thr event any of sa d sums of money
herein referred ro be i.ot p.c~n~:Tly and 'ru:t'i p~id .c~r}~in ti~.r~~ i3J~ d3ys nexr art:r the sa^,e s•_~era':y cc•co~~:r d~e and pav~~'e. w~tho::r de-T:and or nor~ta.
~~c) in rhr evenr ~~~ch ar,d evrry ihr st~~,~.dt:on5, 33rerments. ca~d.t~ons and cavenanrs ot sa promissory nor~ a~~d ih s n.crigage any or e~~her are not
1uty, prompuy anc~ i~;;y ~.erfonnrd. d.su~aig•_d. exec~t~~d. rsirctrd, co:np:eted. :ornpi~cd w~th and a::~cf:•d Sy, then in e.thrr or an~ s.;ch event the aa.d ag-
,~gate sum mac~,onrd m s3~ti p,or„s.::y ncta tn~n rr~ns~n~:~~ u:sfa,d, w,;th .nt~re;t ac;wrd, and v:i mOn~•y~ s._c~rcd herrby, sha~i bccv~~~t d~e ar.d pay~
e~ c forih~~~fh, or ri:_~rea'~er, at the ep•~o~ ct s.,:d t.!JRiG.>(:,tE, as f~~ry and co~-~N.cre'y as ii a'•t e4 ti:e s~:d s.:-:~s eT n:or.ey ~neie o~.g na'y s~ ~::~,a~ed
be pa!d on Such ci../, anything in ~ i d pro•r. ssory note Or in this hlortgag? to ~he co.~t-ary nof::~fhsta .d: :g; a+~ei thcre~E;on o' ihrrea!tcr d! th~• o~ r•on Gf
s- d MOR?GAGEE, a~r!,out nollte or de~:~and, suit at ~ow or in equrty. th~refore or therrahrr beyvn, rr~a~r Le prosccut<•d as if all moncys Srcured hrreby
r.,d maWred pt.or to ~ts ~nst~tu::en.
7. That in the event that at The beyinnlncj of or ~t any time pe~~d~~~y any su:t uFc~ this Mortqage, or ro forectose it, or to referm it, c- ro enferce
;:.~yrnent oi any c~~i:ns hc•eur.d_r, sa.d :'OR;Gr+GcE sha': di;ply ?o th~~ Co,rt he.~~,g ~~•r.,dci.cn 'i-.•_:.ot for the ap~~o~nt~nent of a Rrc~~.~er, such ~;v~ sh,,~t
1~_~thwith appv^mT a recei'.e[ of sald n~~urty.;y~d prorr.~rty eil and sirn3uiar, in~;~u n~ ,t.; a~~O s~i~y~~,~~ 1::N i^co~~iN, prof~ts. isi~es dnd rrvenues fro~n wh.~t~vc'r
a_~,•ce de~ived, each a~~d erery of ni~;h, n b~~~~g exµr~ss'y underuccd, is ter:ry n:eng~~ed as ~f spec.fuv~:y sef furth and descnbrd in The y~an~~~~3 and
~i,endum e;a~,ses her_of, ard s~.,ch Rrce~.er sie3!. ha.e a+f the broad and etr~~.,,e f~••~cr.ons and po::ecs in anyv:~sc c~m::,s'cd 'ay a Caurt to a k~c~-i.er, ~ d
s:h arcci~7mznt sha1~ 5r n:.•de b~ s~ch Cc,,rr as an ad •iitt~-d eq;;~ty and a n•attcr of a~solute r~ght to ~3a~d M02TGAGfE, a~~d w;rt~~vl re(er~•ice to the
a.t ,~~;cy or inadeqvacy of tne va:,.e of ~ha l;roperty mortg;ged or to tne sav~~~cy o+ ~r~w v~~ncy of se~d M.OR~G~GOR or tl,e dc~r ~r3e~.rs. ~~d rh;,t s:,ch
~s, profits, intome, issves and reverues snali be app,ied ty such Rec_~~rr a;coru,~~g to ttie Ge~: or equ~t~ oi sa.d f.tJ2T'v:.GEE nr:;~ the pract:ct of s~ch
Court.
8. To duty, prom~~!y snd fu;iy per!o~~.;. ~l~zch:3rge, ex_•c:,re, eSi~r., co~n~:err, cos~y:~y w~~h and abide by e.ch and every the s`~pu~ations, agree;nents,
~dd•ons and tovenams ~d prom~sscry r~~te ,,:~d !h.s ~r.~;tg33e s=t fo~th.
9. That in the eve^r tti:e ownersh~p af tFe mortgaoed ~xem~ses, or a~y pjrt thcreci, L_comes vested in a pe•son cthe~ than the h10RTGAGOR. the
.~RiGAvEc, its se;ccess~rs a~d ~s> ~ns. ~:ay, v:~rhout ru+,:c :o rh~ .t'ORTG~JR, dea! ~.+rh surh svccrsso~ ix s~cc.•>;or ~n ~nterese v~nh rrirrrr.ce to th~s
o+gage and the d_u~ 1:_r~b~ sacu:ed ~n tiie same r.:,~:n~•r a; w,rh ;.;c;rt3.~yor w~thout in any way vi~.a~ing or d:schary;ng the 1.5crtg,gors' :iat,~i~ty here-
_ ie~ or uFon the det,r t,:~re;;~ s_:~~r~d. No sa!e of tha F~c•r;s.,s h_rebi ~no~ryagcd ard ne forEearan~~ on the part o4 thr fAORT~AGEf or its successors
~ ass~~r.s and no ex~cr~s:o~ of the r;n-.~ ic.• ii,e paynrr~t ot the debT h~rrb~ sec~red g:ven by the MOR7G~GEE or ~ts s~ccessors or assgns, ,:~ail operate
~o re!ease, d.::harge, mod~fy ~+~a~;ye or aftecr the or,y~n;! l~.,b . ry ot ~he N.UKtGAi,vK liere,n, e+tner in wi~u~r ui i~~ No~s.
10. It sz spec'Ic~:~ f:~• ,ed th,r ~~.r~ is of rhe esse~ce cf th~s co•ztracf and that no waiver of any ob'• gaf.on hereunder or of the ob!~gation se-
c red hereby sha!~ at an~ ti~-:._ ~h_r.d'ter be hr'd to be a~+a~w~'r of the terms hereof or of the ir~strument srcu~ed h~roy.
I l. !n s:;ri f.L ;~a t~ ±cr~,~_ ~..,,.,r!:'y c~a;,,...•-,fs oi c ~3i >rd
_ . u~rec] by the pro:n~si~ry ne~c s~,:~red h~~r,_b f, rt~or!ga~or tovenanis
1 e3~_~~s t~ ;;a~ ro:•-.o-•~.:~:~~ ...rh ~~o.,t~ r.~.o~~~n Y F„~~r~.~e•~t an ~ci.~.:wna: su•n ~~s! ~ ~~red b~ ~~ortgagee to be eyua~ t~ 1 12 of t;:~ ami,,al Wst of the 4oiiox'
A- rce' ..'oF- taR zs r._ : ~ _ : er .,ss.~;c..:i , 5. •f.~ a: ~ve d_ sn. d . _ aI es•ate.
~ c.,,.. f:•. .v.cl .i:r_, •.i .nsv•a~ cr os i~c.~;~ r,c,~ •ed fo be ca~•~ed cr~ th~ ~m.~ ~ove~ne:~ts s~uat, on thz abovc d_sc~~t,~~d prem~ses.
C-Pre~,,,.s o-~ ~:n -,cr•~ g.,.,•.a,,ry ,~._~a• -,s n,.~.•:~,,.;,., Sha., • . ~o .t d~em f~t to ca•ry en ;~~e 'oan srrured h.•~eby.
l:.o~~g~::re s• , „ . ~o , ~e ~ „ i, , ,g„ .n r. .,~nq of ~ne a - o: . ci_ _ a~ d pa ai,'e herr~nd ~r and due a~
, • . , ^ s~:h su n s{:.~,: tnerrupon be id
-ble o~ nc ~j_ e cr r= .._.r ~ c,rF:•.; 'v+r ~ a:,d ~~:.c~ successwe ~ c,, u~'r _:eai*_~r ~~~t~; ~ncrtqay:.• sF,,'4 n,Y.fy n,o•t~~aor ef a:han~e in s~ch
. _,;nt. $~ch Su'~:s 5~.~ i~::e ::y rr.~..•;g.,;.•z t~:.a~d the F~s~,re~» of .~a; p•~~F~rrty tdaBS. ir15~'3'G3 {Jft:t~.V~r.S, d.~:~ n~O~;y.+iye g~aranty insurdr,te
r~n~~mS-
IN \':!iNESS :•:HE~.~OF, the s.,~d :tiS;,RiG.~GC?, nas F._reu-vo ze! his ha~.d and seei the day and year first aforesaid.
S~gned, $ea:ed and de!ivered in the preserce of:
- - - • l (Seat)
. . uC°Cs'1 r-/-~s--r*-~--r~- - -tSeal)
- - - - / c~rf~~+G~~'; r1.rS--~ ~ {Seal)
' _ _ - - - - - - - - - - (Seai)
~"~.TE OF FIORIDA 1
"UtiTY OF 5t . Lucie ~
- - ~
.lr.'~Id25 Sill:.J _ _ and
Before me personal{y ap eared _ _
Act;sa~et Sno•-v - ~ -
- - _ his w:fe, to me weR known and known to me 10 bC
; r~~~ indiv~dua's descr~b_d in and who exec~ted rhe foregoing instrument, and acknowledged befo~e me that they execvted the same fw .the purpoee!
; . ?,c~hc~l v;t~r~ J - -i •
r~~re~n expressed. And the said _ __~~_-"=i _4__'_____` -
~;:ie of the sa:d ~--_1a?1eS_JIlU.~! upon a•separate'and.private .
<.am:nat:on by n,e ta~en separate and apa~t from her sald husband, acknohledged to and before me that she exewted sa~d inslrun~e'f~ireefy,apd 4olun-
~.~y ard w:tho~t any co~~pu'sien, to~ut•a;nt, appr~her.j oGn, u~ fear of or f:om her said husba~d ~ U
WlTtiESS my hand and offit~al seal th~s- _____l ~I__r day of____ C@iIIbe I _ p~9 7-2
_-~c~/'~_~~c:~~~ ~ ~
. ~ ~c
Notary Public in and for the State oF'F,lorida a1 ~l~
h'1y Comm,ssion eapires: ~a _ 'f~ :
Return To: ,,T:~
first Federal Savir~gs 3 loan Asso[+~f.on
OS Fc•t P : c~
Fort Gi-~~o_. F:.;~:di
F~~ED AMD RECOROEO
~ ~ ST_ LUCIE COUNTY F~A. ~
This Instrument Prepared By Tt:unas N. i. r i sce~ . I ROCER Pp~TRaS
First Federa! Sav~ngs 8 Loan Association PEC0.3p V RIf1Ep ~~Rt ~
' of Fort Prerce, ~~'r i:j a
Checked By~-- - ~ 18 3 se PH ~1Z
~~a~8~` ~ cr
aooK 2Q9 PA~E 399 -
_
~ . _._,w _ . - -
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