HomeMy WebLinkAbout0110 1. To p2a~t a^d :on~~ :uo•,siy kccp on r.:e b~~..:.~:gs now cv harrafrtr s~~~a~e on sa~d iand ard on •It equ~~unene u:d prr~a~a~ly totiered by ~~~t mortg-
ag~. w~~A att p~an:wms eR~r~wn p,,d iv l,ie i~: .~.:cr ~he ~s~al su~xl.+~d po;~cy (orm, :a • s..=n ayprc.:d by thr N~t~2:.;:,:TEE. a~,d wu~di~o~m
~ns~~:~~ce en the vt~=a'. uan~i.d po~.ty fo.••t ~n ~ w~~ ~.~pro.cd :ha At;;RiGAGfE, in such ta~+pa~~y ta~nan~es as thc lNORiGAGEE may
3nctt; a~+d atl f.rs and :~.n~anum ~=iswancs po:~oes on an~ of s~~J iw, d.nys, any intere3t therein r~ ~+~t rhr~eal, in ths agyrzy~er iwn afaesa:d w
f~ eacrss ~hrrcoi, st~sil COt~~dM tha usva~ ~r~::d,rd mortgsgr~ c~ause a sw_h o~i.e~ diuse as the Mortga9ea ~vy rcc. ••re, ma\~~~ tne ~oss unJrr s~. pc~i-
c:ea, eacA a~~ eve~y. pa,~b'e tc aa~d 'IWRf'vAGEf +s ~ss :~»errst rt~ay apprar, a~xt e~ch and rvc~y auch po:~cy th,t~t t; prwnar.y aiagncd a~d dr~~•~r~d +o
snr tkld b~ sa~d tdOR;GAuif as funhrr a:c~~rtv ?o s.i:d nwn3,3r d.•ut, a~~d, coi .tss ther trn (i03 dcys in a;:+a~:ce of the exfuat~o~ nf rech pu:rcy, io dr-
I;ver to said MOR2GAGff a ra:rwal ti~crecF, toge~h~~ with ~ rrcr~p~ fw ~!~a prr~n~uT of such rene+~a~; a~d there sha~f ba no f.~e or .~~:wsrc~~n in~„~ance
p~eted on any of sa~d Du~'d~~.gs, any inrerest there.n ar pe~e ti,treof, ~n~ess ~n the fo~~n and w~~h ~he toss payab!e as afo~esaid; and in the e.rnt any s~m
of mo,tey beco:nea pay.?b~e ~:u1rr such oo:ic~r +x po~~uea sa:! MORIGAGEE ah~1t have ihe op~.o~ ~o rrcc~ve and app~y ~hr se~ue on ac.o~~~~ oi ~he i~~daLe.•d- _
ness secur~ hareby w eo prr•n~t s~~d L40RTGA~'ORS ~o rrcr:ve .r.d usa it t,v any oarr rh~:e3f fo~ o:~=c~r pur;.;srs. ,.,~~w~f ch,•.,:: ;,r .:p.,:-
~n3 +ny eq~.ty, i:an w i.~4:: undar or by v~rt::e of tAis mo~tgagr; snd in tha event sid MORTGAGORS sha!f fw any reatoo fril to krrp tha sa~d p~e+»:s s so
=~surrd, w ta~l to del~ve~ prpn~ptly a~.y of said ;~I:cies of 'nswance to sald MORTGAG'E, ~x tai: prempt~y to pay tu:ty any pr~:~~~,..n rhrrrfor or in a•~y
respecr (ai: w pe.fwm, d~sch,rge, eRecvre, elfK~. ca»p'ert, co:npty wi~h and ab~de by this .ovenanr, or any pan ?~ereof, sa~d A1GRT~AGEE may piace a~o
pa~ (w wch ins~r~nce or any part thrreof wnhov~ waivin~ or affect:ng a~y opt~on, lien, equ;~y, w ngF~t ~~jer or by virtue of th~s Mor~gagr, a~~d ihc
!.,!I a~no~n1 of each ar~d a~e~y svch ~,arrnent shai: be ~m~ned~~tety Jua e•sd payabte and sha:t brar inte~est irom thr date therrof until n~id at tne r.,te ol
~~~~~e per cr~tum per annu•n ar.d ro~r+hrr w~:h s~.h ~~•fer~st shai~ ~ sY~red by ihe I~en oi th~s m.xtgage.
4. To pe:m~t, comm~t w suf(er no waate, impa~~:rn:nt or det«ri~~at,on of s~~d property or any pa.t theieof.
5. To pay all and s~nguta~ ~he costs, charges and e.penses, +~clud>ng a reaionabte Jttorn2y'S (ee and cosfs of absvaas of ~lde. incurr~d o+ po~d ar
any t~~e:e by sa~d MORfGAG;E, because or in ti~e eve~~t of the iaJwe on rhe pan of the sa;d MORTGAGOR to dvly, pro~nptl~' and f~;ly ~rfo:m, d~scharge.
e>~uTe, elfec~, canp:e~e, canp!y w.th and ab:de by ea.h and eve+y the st~pularons, agrrrmems, condrt~ons, and cove:~anrs of sa~d p:onussory note ar.d ih~s
•~-orfqage any o~ ~:tL~r, a;es•e, c~a.~.-c wnd eaoenses. each arrj every, shall f~e immed~ataty dur and payab!e; w!~e~her p not ~hrre be no~.ce d>
mond, atternp! to co:le;t or svi! pend,ng; and ~},a fu!! a~ncwnt of each and e~•e.y s~Kh paymen~ anau cea. im~~C,: 7.,;.~: :F.- ~s•c •!:-.c.o! ~.•~d a• ~ti~
r,r of n~ne ~xr ccnt~m ~r ann,,.n; end ~~u sa~d wsfs. charges a:,~ iaprr.sea %rxweed M p.~~d. tegattir~ w.th s~ch imer~st, shall be sec~red by the I~an of th;s
r .origage.
b. ihat (a) in rhe event of any breach of ~his Mo+tgage w drfault ai the part ef thr MORTGAGOR, w;b) in the eveM any of sa:d svms of neon~y
h~rein referred to be not prpnptly snd Iully p~~d wifhln th.rty t30? dsys nex: ai:z-r the same severa'ty },zcome due and payab?e, wiihow drmand or no~ice. .
ici in the event each and evr~v Nie stipu:a~:ons, agrrame~rs, cond~:iar.= and coveRanrs of sa.d p?orniswiy note end th~s mor~gage any or e+fher a~e no~
iv!y, µromptly and fuity pe~fonr.ed, d.sc~~arged, exc-c~tcd, etfected, comp;etcd, con:pi~ed w~th and a~•ded Sy, then i~ e.thtr o~ any such event the sa:d ag
~rcaate sum ment,o:~ed ~n s3~d pr~n.~ssory no~e then rema~r.~rx3 unpa:d, w~th ir.terr;t acuued, and a:t monrrs securcvl F.ereby, st:atl bccome due and Aay-
ao e forrt,N•;th, or the:ea'ter, at :he op~~o~~ o? sa~d AtORiGAGLE, as fu~Iy ~nd canple~rly as ii a!~ of rhr sald s~m: o' ~wney were or~gmatly sr;pu:ated
be pa.d on s~~ch d~y, any~h:ng in sa.d pro~n~ssory oote or in th~s Mortgagr ~o the co+~~rary nor,v~rnstand~ng; a~~d ~hereupon w therzaftr~ ai thp opr.on of
s~ d M.pRTt,AGEE, w~~hout noT~ce or demend, suit at lew or ~n equ~ry, th~reic~e or ~herea~sex begun, may be prosecuted as if all moneys sec~red hereby
n~d mat~red pr~or to ~ts ~nsdt~t~on.
That in the event that at The beginn~ng of or at any ti~nc Fend~ng a~y su~t upcn ~his Morigage. or to fo~eclose it, ~r to reform it, o~ to enforce
F.~yment of any cl~~ms he*eunarr. said /.tORTGAG~E sAali appty ro th~ ~ourt having ~w~ad.c:;on tkereaf !or rh¢ appo~ntmNm of a 2ece~rer, such Co~rt shatl
fi,~thwith appo~m a rece~v~r of said mo~!gagrd property a~l and s~~u~ar, inct~d~~g ail a~~d s~~~gu•ar rr.e ~^co~»e, prefds, nsues and re~enves frorn wn~te+er
s, :•,e dar~ved, each and e+ery of wh~th, n being lapreis'y und.-~sc;.oJ, is her•_by mo:igag~d as if spec~i,ca~ty set forrh and desu~bed in the grsn:~,ig a+:d
i~+::e~xlum c+avses hereof, ar.d svch Rec~i,~er shaii have all ~he tx:.ad a~~d effecr,ve f~nc7,c~~s and po.~e:s in anyw~s~ emr~tted by a Courl to a Rtcei~e:, a:~d
s_ cn appointme~~t shaU o: made by svch Court as an admittcd eqoity and a maner of absedurr r.ghf to sald htOR7GAG' and w~thout reference te the
~~_y::oty w~nadtquacy of the va."vr oi the properry morrg_g~ pr tp rhr so.ver.ty o~ +nsv wenty of satd b1JR7GAGOR or the defendants. a~d 1hs1 Such
•~~^~s. protits, incane, issues arx! revenues shail be appiied by svcn Rece+ver accord~ng to th~ ~ie~ or equity oi sa~d h10RTGAG~E and the practice ef such
Court.
8. 7o dv!y, pror;ip!;y and fu:~y perform, d~scnarge, execute, effett, comp?ete, comply ~v;th and abide by each and evety the sfipulations, ag~eements,
:~ndicions and covenan?s sa~d promissory nose a~d this mortgage set forth.
9. That in the eveht the o~nne~sh~p of :he mortgag.-d pre~~~ses, or a~y part therecf, becomes vested in a per~n other than the IKORTGACn'~R, ~he
:•.~2TGAGf~. i!s wc:essors and ass:gn:, may, .vlrhou~ no~~ce to +'r~e ,Y.ORTG~JR, deat w~rh such successw oc soccesso~ in :nrerest ,vi~h reterence to this
~•+ga~e a+ J:he debf hc~ety sec.•red ~n tne saeie mann~-r as ~::h L•,y.r~ago• w~thour ;n a~y way vit:ating or d~uha~ging the !~!cragagors' liabil~ty herr
drr c•~ upon the ,cbr h~reby sewr_-d. No sa:e of !he p.ern:s•~s h,:eby monyaged and no forbearance on the par~ of fne ?J10RiGAGEE or irs succrsso.s
c. ass+gns and no exrers:oa of ri,~ rime for rhe paymert of :he d-b~ t,-~•eby sec~~•-~d gi~en by the h10RIGAGfE or ;ts successon or ass:gr.s, ~1:a11 operate
r~ re~aa;e, d.icherge, med~fy cnange or zffect the eng.nal liau.;ny oi the /dORiGAGOR herzm, either in whole or in pa~t.
10. It is spcc~f~:a1:y ,grred tha~ t~me ~s of the esse~~ce cf th~s co:~:racr arzd that no waiver of an~ obligat[on hereunder w of Ihe obfigat~,~n se-
:,:red f~:eby shati af ar.~ tm~e ~hereai:er be he:ci to be a wa~rrr o4 rhe terms hPrcrof or of the in=rrumcnt secvred herby.
11. in aud.t~o~ to th~ fare3c «3 ^+cn!h'y }~ay~r_nt5 of p~i^C~r_~i ar.d i~:~ertst requ~rzd i~y the prom.sscry r.p~r SeCVtc'd hcrebf, mortgaypt COVenanTs
agrees to pay to n:o-~gaqee •:.~.h c•ac^ ::•or.~h y pay, ,e~v an add~~:ona! su n~•s• :~:.~r~~ by mongagee ~o be e~~a? to 1 i2 oi the annual cost vf thr fo:ic+v-
~1-A~t rea; F.ro~e.ry ta.~s :e•.~ed oi assess.~~' ag.s3•:s• nc~ ace-., descri4= ~ rea3 cs'a~,•.
8 Pr_a „--s en f:r~ 3r.d 1.[~~ds~o~~r. insu~a~ce rs ne:•_:r~ r~q,,-~d t~ o•~ ca•ri-d e•~ tne :m~+oveme~ts s~tvate on the above d:sccib_d prr,nlses.
C- Prem;v~~~s o~ such mo:ty.qe g~ara~,ty ~r.wrarce as m~•cyagee sh~1t from :~~e !o t,~ne deam fit to carry on the loan secured hereb;_
tAo~!g~yee s'^~'+ 'rc~, ±=•n_~ r~ T:-.;e no~~fy rr.c.+y;g~r ;n wi~t:rtg of rhe a.-.o:,~t d,,e and payab(e he~eundar and such su-~ shi! ~~areupon be due ar.d
.,abte on rh~• c',~~ d,~+_ ci !he ~e¦; mO.Mh.~ paymen: a~~d e;:ch success~+e mo^+h thereafi~~ vr.fii mortgagee shall not~fy morryagor oj a changr in such
ou~t. $~:h w^^s ~~a.i :;P ar;. ~_J by mortpay~-g to~::a-d the pa~me~~: of real p•ocert~• 2axes, insura~~ce prem;ums, and mort~age guardnty insurance
~ •e•siums. - . 7
IY 1Vi7~aF55 ':.HER~OF. rne sa~d MO~TGAGOR has here~nto set h~s ha~>o and sea! the day a`d year f~ls~ aioresaid_ ~
S:gned, Sealed a~d de~ered in the presence of: 1
- 1 r !~Y I! Ed~ " k„~/~E /~~~-3.c~(Seat)
- T~~ r Mar ian R. 6i l lman , a sin4~a~y
- - ~ ~ --r-- BC~Illt (Sea!)
~
L-~~ _ c C-L
{Seap
~?:.TE Of FiORICA
~~:J'~TY OF SL. LUG1@ _ ~
Before me Fersona~l~ appeued Marian ~?illman ~ a g~q~~ ddult
his..wi4, to me well kno~vn and kcwviia to a+e to be
~~a individvair described in and who exewted the forego~ng instrumenr, and atkrawledaed before me fhat ~er execured fhe tsriat~for the pi~poses
r*~~.e~n expressed. Acx13hQ sai~ ' - = • " ~
-~s.~+
• ti
~c ;r_af she_sa~d --.~~~jSpc axD~ca~e. arld-txiYSSe--
a~a.w~wa~.an.bq-.we-caic.n..e~.a~a.~d aperl ~row~-her-se~d i,vsband.-acknowt~.i~ti ao-w aspfrrt ~2 1lsar s!i~ c~tlnilpd-'~td~Jrit~r.O~t9'~a(1'~1oh,~-
t and~
.tho::t ~nY= fl'n;~L~3~Gt1. tG:•si~d~n?~ aFG~ ,~c ~oac tf_or Jccm bv~a~d kw,sFsaad.
= ; ~l
NI:t:~SS my hand and o(fiaal seat th~s_ . day o~~_ ~ Fe a r _ D_ .~~_73
~--J--_ 1_-~lCit - _
~ ota.y P~b'~c ;n' nd r the SrdM~of•Flcrids at tar~
N.y Comm:ssion exp' es: 1
Retum To: - ~~'0
Fi»t federal Sav+ngs d toan Aszociat:on 24~g3'g
o{ ~~-f P c.
Fof1 P::.•:r. Fiir~:11 j~!~~ I(LyOt~~EO ~
fILEu . C~~NjY fLA.
S1.lUu~~ s;~~jRAS
RCCc" ~
CIEF!l CFr~~~i~ COU~ ~
This Instrument Prepared By John 'J. CO11iT15 °~~r~~
First Federal Savings F~ Loan Associstiun 't~ 312 PH ~~3
of Fc~t Pierce, F~orida ~C~ y
Ch~ckeci By~ ks
~ ~i~.
~ - - _ - sr~
- . _ _ > - - .~z. _ _ "