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HomeMy WebLinkAbout2744 J. Ta place end canNnuo..sl~ k~~p o,~ rhr bw'd~r,r~s newr or }xre,?ftar ~n~ate on s.,~J ~arxl and un ,t~ rqoi~•~nrm end prr~ons~l~ covered by this morlg- ags, w~th aS1 prem~u~ns ~t~riec,n pa d~n fu:~, f~r~ ins..~e~x.: in a~r ~s~at :t, iard po:~cy form, in s svm ap~uoved by thr MORSGAGfE, and w~~+d:rwm insurance in ~ha vsual s+.+,:da~d ~o:.cy fo~m, in a wm e~~.rc:~ by ehe MJRIGAGFE, in svch canpany w campan~as as the MURiGAGfE i+++y d'ucct; and o11 iire aad w%nJitonn ins~~rnce po:~urt an any of s~~d bu~~d~~.~s, any 6NUe~~ ihe~e~n pr part thcr~~i,f, in the aggr~gate svm afaesa:d or in eaceu N+areo(, shali ton'em tha uaual tra:~da~d ~.,uny..Sra c~..~se w a~ch oiha~ cleuse as ~he nlcrtya~ea rnay ~tqv.re. maYinq ~bv iosa unJr~ se,d poli~ ciss, each •r.~ ave~y~ PJ)'3J~d ~o sa~d ;1JRTuAG:E as nu~•r~~t may apNrar, ..:~d eo<h ar~d erery svch y:~~~.c,r ah.~it tu pTUn•p~!y asagr.,d end dc~~iverrd ~o sny heid by sa~d /fORIGAGEE as tur~h~~ srcurit~ ~o s~~J nw~~g~ge deDt, ar.d, r.ot lesa than ~an i10) deys ad..,nce of ~he e¦p~~at~a~ 01 e+ch peLCy, ro de- I~ve~ lo said MORfGAGEf a ro~wwe+ tl~.•~~f, togerh~v w.~~~ a rcce~p~ ia the p,ar.~m ~f ~uch rene,na!; a~d ihe~e s1:,:1 i,o r:o i,rr o~ w~~~~e~o~m ins.,raoc~ placed pn ~ny of se~d bv~~d~ngs, a~y in~e~eit ~h?•r.n or ps:t tF;;.c„i, ~nlnis in ihe (orm a~td w~~h d,e :ou pa~~ale .~a aforesa~d; and in t:m evenl a~~y Wm of nwney betoo-nes pat.+bie ~ndrr s~ch po~;cy a po!~ums se~d MO4TGtiGfE s?~~t+ he~e rt~e oHr.on ro rc<•_~.~• ~~~ef apj.t~ 1hr s..n~e a+ accow,t of the uideberd- nesf sec~red hereby w to ptrrti~t aa~d rd'JQTGAGGRS 1o recor.d ord ~se it ot an~ F.,rt tf,r:~of tur r,•::. . i.u~,.,scs. ...~r.v:t !h-• .r~~.,.,3 c• o"p~~r. ing any equ~ty, lien w nght unciar o~ i,y virt~e ~f th~s ~ncrtyege; ar.d ~n ~he errnt sa•d h10diLAGORS aha!1 fo~ any ~r..son ie~~ ro krep rhe sa7d prNenit~• so , ~~sured, a fail to :li:+ver prwnptly anY ot s.+id ~~o6cies of inswen~e ?u sa:d A10RTGAGtE, cr p~:.+cptiy to psy fu.iy nny F~rr:~:w n ~herrfor or ir a~y respect lail to p~vfam, duchargc, rx.~.~re, eifec~, cwnp:err, co^~ply whh a~x! ab~de by ~h~a coven.~r, o~ any p.,:~ hr~eo~, s+~d MVRSvAG~E may p~ace a•~d pay fw such ins::rar.cc or any part ihrreof w;t: oul waivug o~ atiraing •ny a~.r:an, iirn. equ,ry. or ry~L u»drr w b~ vict„e of th~~ :.1w~yage. and tF+t iu~l amovnt of eech ar,d r.ery s~cn paymrm shall br ~m~orel~~tely dua and payi~.te and sha11 t~•:ar inte~est i~urn thr datr ther~oi u~.~i1 N.,~d ot tha ~ata o! n:n! pt~ Centurn µer ~nn~:v~ a:~d tu3~•tt..~ ~:~th such u~~r:~st s!~au :W s•~:~red bY tha of th:s nwrtgage. 1. To pemiit, tommit ar suffer no waste, im~~a~rmcnt or d~•trriore4ai o( said property w~ny parf ih.:reof. 5. To p+y all and s~n~.!ar the c~+ts, chargea aed e~;:r~~sNS, ~nclud~nq a rrasonable "eltprney~s iee and coe+s of abstraUs of t~~Ie, inc~rrrd o~ pa~d a~ any hm.e by sa~d M.ORTGAG°_E, because ~x ]n fhe e~ent of !he !a,':~rr :t.~ p:rt of tr,e so~d A1~RTGAGOR to duiy, p~o~nptiy and fulty pe•form, d~scharge. ~xec~te, etfea, comp!~re. canpiy w.tn and ab.de ~y each and every ~he sti~x,:ai~wis, agree~„ents, cond~t~ons, and cove~:ants ol ss~d prdn;sswy note and this n:ozrgage any or ei~hcr. and sa.d cosis, chargcs and expenses, each and evrry, shall be im~n~-d~otely due and pa~ab'~; wlxther a not thrre be not~~e de mand, attempt to collect w•suit pr~~d:n9; and the fv? amovnt of each a~d e~e~y lv=h Fd'in:rnt shall t•~a• ~~~+rrese fro~n the date the~eof un~il paid at the rat~ o~ nfne Qfr cc~s~u•n ~.ar oni~~.ir, ull S,~:ti c~,sts, c~~3rgrs o~:Q ca~2~+: ::i.i.,r~Ed u~ pa~~, tOgttl~8t ~tidh s~+ch ~nte~~st, shall DO sxurcd bp thC li~:~1 oF Ihis r.t0lt9a~Q. 6. Tha1 (a) in t?x evenl of any brre:h nf this Mortya~e or defi~lt on tM psrt of the S'.ORTGAGJR, or ;b; in the eveM any of sa:d sums of rtaneq herein refr~rcd to bC nol prompt:y and fuily pa.d w~~i~m th..ry <30l deys n~xt a:rar the s.+n,e se:era:iy tew~na d~e and pay3Lte, w~d.ovt demend or no~~ce. o: t~ thr ~vent exh anJ rv~~y tne s+~pu:oi~ons, eg~eNmc~ds, cond~:~ons a~d coYenanrs of ss.d ,^.ec~~:~s:c~:y no:r ar~d th:s rr.o~tgage any qr e~~her are not ~~:y, prar.ptly and futl~ ',erfc~-~nrd, u xf~argrd, cxec~t_d, rifectrd, tanp;etrd, cornN;,cd w~ih ar.d at,•d~•d '~y, thrn in e.~her or any s..ch evenf the sa,d ag- grrgate sum me~t:o~~ed in si;d p,on,:ss~~, n.•e :nen re:,.a~rr,:~g un;:a+d, wiih :r,P.__: acu.:ed. a::d m^•.~yf r_~c.••ed herehy, shatl br.-cwne'dve and pay- ab:e fwthw~th, or therra'f~•r, at the o,,•~on of se+d 1M1ORTGAGiE, r., fuily and coR~p:e~ely as ii alt of ~hr so~d a~~~s oi money v~err oiguu:ly st~pv:ated to be pa:d on such dcy, any~6~ng :n s~ d pro~^~ssory ~cez or in this N.w~gagr ro 1~e co•~uary .wrr,;~~nsre~~J:~~y; o~~J th,.reupcn ~ thereafter a~ the opt:on of sa:d MORTGAGEE, w~tF,o~~ a.or~ce or demer.d, su~t at ;ew w ir, eqwty, thr,efo~e or theroeiier brg~n, may be prosrcuted aa if all moneys securrd hereby twd matured pnor to ~ts ~nst~tvt:on. 7. Thal in the e~cN that at The E=ginn~nq of or at any ti~ne rendi~q any suir upon ~his h!o~tgage, er !o foretlose it, or ~o reform it, or fo enforce paymcnt of aoy tl,~~~i~s 1+erou•id_~, aaid fdO~.TG~:GEE sFaJ apply to the Cu~~t havi~~g ~urud.cr.a~ tFr~cu4 ior the appo,ntmrnt of a Receiver, s~ch C~urt shall Fcrthv.ith appo~nt a rrceiver of soid ~:~ortyag~~d pro~r!y a!I and sing~!ar, ;n~i,xi ny ,,i1 anA s:ng~~ar thr inco~r.e, p.ofi!s, iswes aad revrnves from wharever seurce drri~ed. ea.h and evrry of wh ch, ir tw:~u3 c~xp:rss!y ~ndersrocd, is h.cr~uy rnorry~~~~d as Ef s~.ti~c~f~ca:Iy set forth and deuritKd in the granhng artd habend~m da~ies ~ez~f, and s~ch Receiver sheii havr a!1 the b~oad a~d efr~t-..~ ,:~i,.v~:s anu ~x„n,c~s ~n a~.~w~ac ~y - Cowt !e a Re•aiver, a~~d s~ch appoin~n,e:v shait bc• ~..,Je by svch Ce:.rt as an ad:•~~rred eq~irv and a Tareer , f aLso?~~e rigM to sa~d MORiGAGEE, and without reference to tM edequjcy or ~nedeq~a:y oS the vaiue of the psopr:ty mor~g,~ged or to thr S^~ent; or ~nsavency of se:d MORiGAGOR w the defendants, and that SucF. renrs, profas, ~ncwne, issue. and re~enues shali ~ appu~d ty such Rece~~er ac.oid.nq to the Iien w equit~ of so~d ARORTGAGEE arrd the prsctice of such Court. 8. To du:y, prpmpt!y ar.d fu:ly ~riorm, d~scharye, erecute, efiect, CGm~ittB, ~~;.;N1y w~~h a.:d sbide by each and eve~y the stipuia~ions, agreements, conditions and cevenar,ts !r: s.:.d prom~s~o:y no:e a~~d th:s mcrtgage set fwth. 9. Thar ~n the e.ent rhe ov.~e,sh:p of the mortgaged ptem:iFS, or a:~y part t'r~creo~, Eeco~~es vested in a pe•wn o~her t:~an tne MORTGAGOR, the A:ORTGAGfE, :rs svc:_•ssers ar.d ass gns, neay, w::F.r~t ~.c::ce to ~he A'.pRTG~JR, deat •.vdh svcA s:.cceuor a s~ccessw ~n intereat wi~h re{erence to th.s mo~~gage and rhe drbt t~ereby sec~rzd in tne sar~e n;a~aer as w~•h b'.~:s3ago+ wrthout in any :vay v+r.at+ng or d~xharg4ng 1F~e !Ao•~gagors' liabitity hero- cnder pr upon tha d~~r Ac:eb~ secvr_•d. AFa sa:e uf rt~e Frerz~:srs hc~r~a~ ^~ortgagcd ard no fwbec~ance on the pan oi !he IAURTGAGEE or its succesw~s er ass~gns and no exrers:~~ o! tha ~,:rr foz !hr paymant of tF,e drbt hc•.rby sec~red given by fhe tdORiGAGtE o~ its s~ccessors or ass:gns, a.:all operate !o release, d.scharge, rnod~fy ctiange cr affeu the o.~g~-~ai Gau.~:ry of the R'ORiGAGOR 1,erain, e~ther in whoie or in pa.t. 10. It is speclfi:a;~y rg.eed tF.at !:•.~e is of fhe essence of rhfs conrr~ct and rhat oo waiver o! any obl;gat~on hereunder or of the oblgaYan se- cv~ed hereby snal: af any t:me therrafter be he;d ro be a wa~ver of the terms hereef or of tFe iustrument sec~red herby. l l In aci3.•~~ ro t~,e turego':tJ .ccnrh'Y paymems of p~i^c p~+ a~,d 6:ee:~sr reqv~:ed ~y :he prem"u~ry no+~• s~~cu.ed 'nerrby, mo,-tga~ar eovenanta ar,d agrces to pa; to n:e•tgagcc v.:rh recn ~.,r,~h;y pa~~~ ent ar. :.dd.•~cnal s~.•~ es~ n•~-,-d b~ morrgaqee to Fx eqi~l to ! 1? of f;~c; annval cost of the foiloav- i:1~: A-AI~ reat propcriy taxas Izv~~.~ cr assessed ,yi~asi ii~c a':ove ~esr~i~rd r~al es'ata. 8-Pr^_o>:s oo f:r.~ rr,;J :v:,:ds•.: ~nsvr~-:e as iie;~•~n reG:, red :o Fr~ ca:•~~d c+~ ~FB :t.^.~.lOVBTCI'S s:tujt~ o~ the a~ovc dssritxd prem~ses. C-Pre~~~:u::•s on such r:orty;ce guar::e?y ir.scrar.ce es ~s~orr~ayee sha;1 fro~'~ r me w t~~r.e di-rm fu to carry ~n the foan secured heieby. Mortgegee s^~:' fro~, ~~~~e +c a r._:,fy .~.crv~:a~~+ ;n +~,r~ti.;q ef the a•: o~~t d.;_ and payau'e h~re~nd•_r and s~th su~n sh~fl thrreupon be due and Farable on th~ cior d.,•~ of t..e ne•r ~;:onr.:~ p~yn--,t and e.;c!+ s_ =Fs:i.e no•.:k rn~•.rafter ;;~.e;~ ~ncrtgagee sF~all no!,fy matgagor of a change in w,h a oun!. $uch s..:ns SH~ • t:e a,^.i~S. J t~~ mxt3~ ,:e +o.~,ard the pe~~nent of reai pro{:ert~ fa:es, ins~rance p~em.~ms, and mprtg~ye g~aranty ins~rance p•~mi~mS. - IN Ylli*lE$$ '::iiFREOf, ~he sa:d !SORiGAGGR has t.e-eu^to se! his hand and s~sl she day and year first aforesa~d. igned, Sea:ed an .rv/e;red ; the prezrnce of: - + _ C/~ _ ~ ~ - -~$!aQ H. Ma 1 GOdw~ii ~~an - ' r114.1~ - " (Sea1) - Violetta G. God~rin --;~ai~ SiATE OF FIORIDA • ~ ~ c~ COUNTY Of St . L uc ie _ Before me penorafly appeared ___H._ Ma,y2on CsO~T.rlit - - and I ___y~OZQtts G. Ci0(~II1tE ~ his wif~, to me wel: ~nown and known to me to be ! the individuals desc~:h~d in and v.ho executed foregoing instrumeM, and acknowiedged before me that they execute3 the same (w tt~e purposes ! V ioletta G . Godwin _ ' rherein expressed. And fhe sa:d____ ~ +.:re of tF~e sa~d -----~__~~'B~llOi1 Ca0(~F1T1 ~po~~e.sopsrat~and private e.am~nat~on by me tairn s~par~te and apart frcm her sa~d husband, acknaw+edged to and before me tnat she executeti ;aidvr~~racg~y.j~r~~ji"i~y' ~3'„~;;r . , ra.ely and v.=rhevt any ro^-.po's~cn, tonstraEn*, appre , ns~ ,~{~{ear of or from her said husband. ~ ~ ~ WIThE55 my ha:.d ar.d ofi:c~al seat :his- - - ~~19~~ ~ • ~ LJ L~~ ~ - No ary Pub~~c in a:,d ior tix Std1e~~~a t L e My Comm~ssion expires: ~ t/~ • ~ Rervm To: % /J ' . ~ _ First Federal Savings 6 Lojn Asscuat:on . r; ••2-• Of f~•t P . ' ' TF . . ~Ii~•~ jfi(~( ~ ~ ~ ' ~o•; P.rce. :;3 . ' 7 : t~ FILED A~; ~~C~~DED ~l , ST. LUC~E ,;~U~;Tv FLA. ~ 17 ' This tnstrument Prepared By J• H. RObeits ~ Jr. R(GE~ ?•TRAS l, 1~ ' First Federal Savir+gs 8 Loan Association q~ ~~EF~ ~~~'~'T i.OURt ~ • CC n ; •c, ~ o f F o r t P i e r c e , R l o r i d a °'^i Checked ey _ ~ 1~ ~3 PH ~1 ~ oR 249698 socK 2~1 PaCE 27~ sb ~ - - - - - - - - - - - - - - -