HomeMy WebLinkAbout2341 To pt~n ~nd co~~nuoudy kaP on ~F~e bu~dr~ps nar or Fwa~r rewa~ ow aad ~a~d awd w a~ e~q+~ ~"d PM+o"+~~ cwasd M+~:s wwr~
p~, wilh ~li panwma ~hereon p~~d in f~11, f.re :nswa~cc w t}r vswt ua.d+rd po~.q ~or~. iw • w. K~+o~ br ~~R'G~?GfE. rd ~..~+dsto.ew
irowarw in tM wud u~ndard poisY ~a~n, in a sw~ +tPrvv~A op ~e YOtiG+~GfE, i~ w~d~ cs.p+r.~? or u+*~+~~s as ~ MOQfGAGEE w~+r
dincfs and all fir~ and wi~duorm ir~urs.w P~~ p^ i"Y ~ s+~d ~~'P~ ~:aNrw draw or qn drs~ol, w t~e +p~~9+~ s~." ataes+.d or
In taoess thereof, shdl oomwn th~ uwal s~M+dad inonp+pw ciru~e or wd~ oiw ciww ~s M Maq+~ ~+II ~~4++~. ~•oss v+d+~ s+~d poii
ci~s. each ad ~v~ry. Wr~bN a a~id MO~iGI?GEE as ds irre+es~ e~ar ~+1, aed a~ad~ ~rd ewy sud~ po's/ siwi bs pa~p~st +M9^~d +^d ds~.,raed w
.ny h~ld by s.~d MWtfW?GEE as iw+ha recw~*r a s.~ ~oo.+y.p. de~+. ,++d, rw~ sas U+.w +r. 1~01 dsrs ad..noe oI d~e s.~.a.on o~ e+d? pasy, w dr
liwr ~o said 1MORTGAGEE a ~erowal therwf, wpee~r ~reh a reu~p 40. ~hs pr*w+~ d s~cb re~sr~'•: and A+ve al+a:t bs no f.rs a.r.nOsw~~w ~+s~+~+~cs
plaad on any of sa~d build~nps, ~ny 'wde.ea tlwrei~+ or prt tFwed. ~,e+1e~s ~w dn (ws a~d wi+l~ +hs ;ors a+pab~s as sfaesMd; ar+d i. A~t r.a++ a~r s~+rw
of eq~ky becom!! p~Yab~e w~de~ s~~t1~ Pd+~Y a Va~c.e+ Yid MOQTCsAGfE s?au i.~ut dr optlow b recev+s snd appF/ t1r sr+~t on au~a+n+ d the indsbred
ness secwed Iweby a b pe.mit s~~d MO~TGAGOQS fo rece:w and ufe i or sn~ v+n ~ed iv oa~a ~v.~e.s, wenw~ ri~.aci w.~.~y u K-.pa.r.
inp any equ~ty, lian a ri9ht wde. a by rinw d ri~ ~nor.papr, ard in tlie s,~ar ssd A10~RiG~i'~ORS ~ fw +e^? rs~ison fai w keev d+s ss~d pe~n:ses so
iroured, a f~il b delire~ P~a^N~Y ~^Y of said po~icies d:uwa~+ut b s~d MOQiGAt~Ef„ or fa.i pro~}y b i~+f~ ~^f D«'~+*~^~ thtsefa a in a~
r~speCt (ail b pe/for~, dischar9e, e~eetvte, sHecf, corr,pkt~. ~'+~p1Y ,ri/~ a~d abid~ br dtis m~rr, o? +n9/ C~+r~ hs~rof, s+d MfiRTvAC•fE e++Y D~r s"a
WY fw such irowance w any part thered wrtlwul ~ra'nlnp or ~ffec~i~p +~1? ~p~. ~a ~1, ar rqM wda or b/ .rr.w oi ~h:s 1Mo^q+9~• +r+d rF~e
full arnouaf of eath and e+rery sud~ pa~r*~ent shatf be i~nw~ed.rfely due and p+~st~1s ard si~11 bt~? 'rrerest frow th~ dak diaeoi uwd paid s1 tfis .ate of
nine per ce~tum per annum and foaethe~ with wch i~uaeN ~haU be secwed bY d~e iKn d iis imorfq+ps-
1. To permit, oommil or wffer rw wastt, i~*~merr or deser"oration oi sa~d propafr a+iM P~ d~aeof.
5. To p~y all and sirqvlar tF+e coan, d~a~pes +"d eYv«re~, :rKk~d:ny s rsasa++b~e +nor+~s fes +nd aos*s d absi.sas d t~rte, iicurred a p+:d a~t
sny time by wid MORTGAGfE, bec~vae or in the evaro of rhe fklwe en dns D+~* d flis srd A10~fGAC~ to d+tir. ~o'~Wb and f~by paforew, da~'r~r4~
e:ecuts, ef(ect, corePkrt, w^+Ply rrrtF~ and ab:de by saci~ rd erv~r d~e aipui++~, ap~ec~r,r~. corde.ona,, and ca.e*»~+~s d sa.d prom.sso.r ?wk +^d ~hw
mort9ape any w e~ther. and sa~d costs, d~arpea ar+d eYperres, ead~ and erery, sh~M be :sywed~MelS? dus and p~/aEts; wF~e*iie+ or nat rF~ere be nw~ce d~
mand. ancmp~ w cotkct a wit perd~ng; sid the f~U anwwr oi e~c! rd r+ery sud~ Wt+~++ sl~ii bw itiesest fsau N+r da+s A~aeoi wrA p+:d at ri+e
rate of n:ne per ccntum per ~nwm; and ~~I said ws». chxpes ard ce~er~ses i~carred or pa.d, ropaher w.#? src1~ inwsst, shW bs f~cwed b~? fhe i.en af tlw
6. TFyt (a) in ths e+reru of any breach of th~s Monpaps or def+vh on ths prt d rhe A~O~iGAC!'.+4, a~1 "s~ d+s ersnt any d s~:d A+rns d ew~slr
txrein referred to be nw p~omptty snd fv11y paid within dvty t341 d+ys ~c~ afirr t19e san,c se.era'3r becon+c due and payable, writMut dan+rd a norica,
or W in the evem esch and e+rery the stipuutiar. sgrear~+• co•d~r:ons and corenarrs d sad poniascs~r note awd tl~s wwrqs~s +M w t:A~er a~e nor
iuly. P~o'nP~~Y +~d fu11y perfWmed, d~s[tw~ed, eicetv~~. effe[ftd, oompk+td, caeP+ed w,d~ and at~~ded S1I. ~w is e+~er or ani/ sut1~ ~rent d~e ss~d aq
pregate wm menrioned in s~~d promisw~Y ra~e then re~+aininp ur~p~~d, wrirh irae.est acvs,ed, and au nwne~s s~easred hers~y, shai! be~vw~s due snd p+Y-
able fwthwith, or thereafter. N the optan of sa:d 1MOit1GAGff, as fw?p ard w~np:e+etq as if a~! d t4,e ~+~d s.sns of w~oe~l wae orgnitlll s~~p+~+*ed
to be pa~d an such day, anythenp in s+~d prom~ssory rw~e or :n +}rs Monpaqe w the ~oror~ry narw~stsr~f~q; and ~Iweu~~on or tFwea4ta+ s~ the eGt:on of
uid MORTGAGEE, w~rhout no*~ce a denw~d, wrt ~t !iw w in equ~ry, tl~adae or thawf+es 6eq~t ~++f ~ O~odecwed ss if ati w~onsys seared hereby
had matwed prwr fo ~ts institut~on.
7. That in the erent rhat a+ the begiro+;rg of or s~ srry tims pes~dl~y s++Y wie uVow d±u Ma's~sye• or to ioredose A, or b refonw A a b enforce
payrnent of ~ny dai.ns he*eunder, s+~d MORTGACsEf shatl apply w h+e Coun ivo.ir+q y.ed~.on tt~aeof fa d~e appan~went d s Recc.ra, wcfi f,ov~t ~hsfl
iwthwirh ~ppoint a receiver of w~d rnortpaged propMY +ll +^A sinW'w, inciud"p aJl and sriqu~a' ~t+e "'c°"'~ ~`°f`~s. "M'~s +r~C ra+ra+ves f.an whateysr
sovrce derived, e~ch and evcry of wfi~ch. 'rt bc~^? espreuly underssood, is here~j a+or~p+ped aa if specdicsa+j set ionh and desn~bed in the y~snring and
habendum dauses hereof. and such Qeceirer ~al1 tuve a11 the boad a*d eiieeive funuon~ snd po~re+s iw awrw~+se arrvsred b~r s Ca,.* w s Recs:.e., and
•~ch sppointmcro shall be made by wch Cowt at an adnrteed equ:tY ~rd +~ra!ter of s£~cow~e r;¢M b s~id MO~fGAGEE,. and wafiwt rcfcrcnct q rhe
edequacy a inadequacy of the value of the D.ope~*Y mo~ya~ed a w r+.! wtie+~ a sso~res~c~ of s+d MOft~WK,OQ or 1he dcfe,+dants, and rhar wcl+
rems, profits, incane, issuet u+d rererwes shaU be app~:ed br ssxfi Qeuerrs+ ac:oro~q to ~he ~en a eq,wr~ of s+~d MOi[iCs~GfE an6 the p~act~ce of sucA
Covrt.
8_ To du~y. W«*Pt~Y snd fu11y perfonn, d:sctwys, ezewte, e~ec~, co~*~px+e, ca~z~Y ~.:'h snd ab:de b~r s~d~ aer! erery tbe sSputst+a+s .aQ?cemerrb.
cond~tiorn u,d covenuns ~n sa,d pom"ssory rwu and tM~"s r:+ortyaqe se+ iwri~
9. That in the e+rcm the owne.ship of the ~9+ped V~e*n:ses, o. a*hr p~rt rhs~wf, bcsa.~s vested in a pcnon a~xr tl~n the AWRTG~GOR. the
MORTGAGEE, iK successws and ass;gns, ~+~ay, w:rhw+ rrn~ce tn the 1NDQ~G~.~, deal rrrh s:xh sucre+sw o~ se+cce~sor in +ss~es~ rr:~+ rcference ~o rhis
mw~ga9e and the dcbt hereby secu.ed in rhe ss~++e ma.~ne~ ss w:sl, lJr,si~s~or wnho.rt in an~ ,rs'r ve;sri~g or dachar~ d+e AAertsagorf Gab.iity iierr
under a upon the debt herebY secwed. No ssk of rhe F*e*r.:ses he+eb~ 'oonpa~ed ard no for~.earr+rc on fie ~an of ti~s 1NORIGI~£E or in s„ccesson
or auigns and no eYte~sion of the t~me fa rhe p~ymeM a~ nc~ deb tre.tt~r sec.u.ed y~+sn b/ d~e JNG~TGAGEE w irs successors or assgrs, saril opesats
to rdease, dischupe, modify change or affect the orip;rrl l;ab:l,ty of she MG~T6KaOR herci~, et~w in wiw~e o~ ie p~rt.
10. It is specifically ag.ecd rhat t~me is oi she essence of rhis suarso ar+d shst ro wai+rer of +nll at~"qa±on haaw~dn a of fhs obliq~tae~ sr
cured hereby shali at any sime thereatter be hetd ro be a wairer of tl+e t~ma hereaf or of fhe ~su~sae~M secu?ed hesbY. .
11_ In add,tic:+ to the forego'ng r+~or+ih!Y Paymems of ar:-cpss u.d :••rrresr re~rre,~ by r#+e ~a+:ssr.r~ ~•s sec:rred hetcbr~, ma~rtgagor cwensnts
and agreet to pay to mortgagee with each monri~iY W fr:,rnt aa~ ad~:r,ona{ w•n esr -~scd b~ ~f,~g[+ to be eqrsa+ 1o i; 12 of fne a~vr'ual cest o4 the fdlwr-
~ng:
A-All real p.ope.ty qnss kvied o. assessed ~ga:-~st the soore dc~xi:i.i~ ~ESI rc*afe.
B-Premiums on f~re a~d winds~orm :r+su+ance as i~ere:n reqU.~cd ~fl i~ ca--v+! o~ tlae ~,-~e+r~+e.'~s itwst o^ '}rc abo~e d`-scr~xd ~an'aes.
C-Premiums on such mwt9age 9w.anty ;.:wra.ec as rr+wsg+gee s}.sSD f:v': r:nr a t.rwt desr.~ fR b csrry on tEs ban secured herehy.
~ Mw~9a9ee sha?I f.om t~me to t~rne rwi~ly :+a.tgs~x ~n w*a,rg of sF+c rrq~-n ar.d p~iab4 haew~dar and s„d+ wTS shai: tiserevpon be due_ snd
' Fayable on the due date of ~he next .ranth:y Wymem and each sucoess+re :r.i~t, t~r.e~h~ vr.t'a muu~aqee sha.'i rsu~~~ musgagw of a dwanQ^ in s~uh
i a~nount_ Such wms s?~a;i be appl~ed by mcrtgagee tonard tix p~/~^t of real G'oi~*~f se:[s, iwxsnce ~ttna.~rr~s, a~d mwts+9e Sua~anty ir?swance
f
P1~TIUmf. -
iN Y/ITNE55 WHEREOF, the sa+d MORTGAGOit has he+eutuo set irs 1?+nd +nd seal the dtY +nd yesr frst sfo? -
Si9r?ed. Seakd and delivered in the Presence of: r
. Cc..~ , ~ r Iadd fcr~sr
~ .
Q.~... ~ f
~ sses .
STATE OF fLORIDA
St IaCiA ~ ~ .
courm of - .
s~ra~ ~..ay~~,,.~..~a - Clandine Gablsr~~~ tar~srb Clsudias P. Qable~~;.
Ja¦iea E. I~dd~ bsr ~msb~o~d rw-,.~r~, k„~,...'«d.~~~ +~r-
the indiriduals desvibed in ud who execv~ed the f«epo]np inuue~srr, and +dwor?+edped befo~e wie tfr~r A~er t~~~ed ~fs' ~ p~*qaf~!~~ .
%
~S~ r 1~~ ~ ,
fhCrlin !%prKfed. And fhe i~id A - Q.' :--Tr -
wife of the s~id d~3 B• ~ --~q~ ~srat4sed~riv~ts: ?
e,aminstion by me taken sepsrate and spart from hp a~id fwrbard, aduwrrledped b r~d beFat iwe tfu! shs sua~sed sa:d '~s~u~ie~ fr~/ =
rarity and without any compvlsion, constr;im, appr ./r~ of a f~~~~,,,,,~~~yyy~~~'''s+id - "
J~ ~ ` y ~
WITNESS my hand and official seal - A- ~9-~+~-~
~
~ • ~~i t= • .i`
~ y
?ida.,, Pub~+C in .~e fo. ~hs s~u. of ~o.~d: ~~f lr~lw . .
lll1~? Comeass:on sspiek ' -
Retutn To:
First Federal $avings 3 Lo~n Associat~on -
Of Fo~~ P erce. lt UR6f
7, l~iTl
fort Pietce, Fbr~da - • ~ ._-t- s
fiLEC ~ev; RfCO~
This Instrument Prepared By D. F. HOl+Al~!!! ST.LtJG;F Ct3~Sff''t' fi~. .
First Federal Savings ~ Loan Association " °~sF? •;'T°.~S ~I~
of Fort Pierce ~ l1Otl,da ~ ~^c~ yEy- :~~it z0liiT IP
f< <~cy ~
~h~~ ey ~r ~1 4 ~o PM'7~
eccK 213 ~ac~2338 -
zs~s34 ,
.
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