HomeMy WebLinkAbout1444 To p!aca and conr~nio~si~ kerp on the .f.~.,~s :,c,nr or !.e:.~.,itr~ sir~:i~e on sa~d 'and and cn aC ,~:~.~:~,n,rnt a,:d perso~,j'ivi ce~rrcJ uy fh~s moifg-
age, w.th jll pren:~u:ns :h~~rc~n Fa.d :n fu!~, f~re u.s•.ia~._~• ;n ih_ us,.e! ssa:.d~:~ pe':cy form. in a s.,,n o~.,,~c;.ed by tli.: h;UK ..~:i:f. , d~n,r.lstarm
nsurance in the usual a~~ncio~d po:.cy torm, in a su:~s a;f:ro.rd !~r iha .titOkiGAGEE, in s~ch co~np~ny or co~~~;~+n:es as ~he l:.Q~:GAGEE may
d~~ect; a~d ali fire ar~d wln;Jstomi i~~su~ar.~e E:o:,:~~~s on a~y of sa~d E,~i d ngs, any imerest the~cin or `a~i fhr:..-o}, in ihe ~gg~~. ~ste su~•, ato~esa~d or
~n excess ther~of, shali cunt~in r~~e usual >tar.d,rd ~norry;g~e ua~sn or such otLcr cl,vse as the Mo.r~a~ee ~•,ay req~.~a, ~.eki~ig rna .c~s ~~~drr s.. d poti• '
c~es, each and evrry, p~,~b!e to s.~id S10RIvAC,EE as ~ts ~ntef.:st n,ay aaNear, and rach and erery Svch p.;~~c f+t,~Sl ue {:~un•f.ny aas g~~d e~:d de:~vcr~~d to ~
any h~ld 6y sa~d htORTGAGEE as tu~~hc~ r~cur~ry ~o sa~J o:o•tgege d~•D~, a~~d, not fesi than ten ~101 d~ys in ad.a".e of iF.a e,p~ra~~on of eacf~ po';cy, to de-
l~ver f0 said htORiGAGEE a renewal therrof, togerhar wirh a rrtei~~t to~ thr prmn~..m of such renr,a~i; and ~F.are s~~all b~ no f,re c~ .Y:~~du~~m ins~rante
piaced on any of said bvi~d!nys, any ~ntrrest thrre~n or part thereoi, u:~!rss in the form and w~ih the ~oss payaf~:e as afc~rse~d; ar.d m the r:ent any s~m
of money beco:nes p~yac:e u„der s~ch policy or pol~c;_s i~id 4!ORiG:.GEE ni:.,ti havc rha op!~en to rec~~ve ..~~d .,p}!~ thr aa~ne on accou.~~ oi the iud~c.t~d-
neSS St•t~red hirdbp or to pern-,~t sa:d f.tORTG~~G0~5 to reCrive dud use it or y:~~~ ~..;rt tn.,.~•oE tc,r o':~....• : ~~,~~s~~s. ;t,-. ~r r„ - •
~r~9 any equ~ty, Len or t~3}tt und•~r pr 5y virlve ot th~s mC.•gagC: and in tl~r evetV sad A10t21GAGORS iha:I fpr any ~e.ison taii to Sec~'p the sa~d prr~•~~s.s s0
.nsurcd. O~ feil t0 de.'w~~ ¢ro~aFitly any Of S.l+d pO1~U~'S CS ~'isur~nCe to sj~~.d AlORTGAGEE, or 1„~'. juon;E;!~y t0 F%ay tu..ly .iny r_..~~n thcr._fct ur i~~. 3~y
res~~ect fail to perfo~m, d,schar_~e. earcure. eftec~, comp!ere, co~:ply w~th and ab~de by th~s covan_+nt, or any p,rt h~+eoS, s.~ci A'•Gki~~%~GEE m~y ;.ac•: a a
P3', for such insur,~nte or any part ~he~eof wdhout waiv~ny or affect~ng 3ny aFl.ort, 7ien, equ~fy, o~ r;:~hi w.dcr or 6/ v~rtue uf thit ,'.,crfq.~yc, ar:d thE
t;, l a~ncunt of each and e~ery s~.ch oay•n.•nt shal; be ~~+:~nCC~~ately d~~e and payable and afiati b~•ar intcrest Yrom tha date ~hei~01 u~~tii p~~d at the r,;te ot
..:~,e prr centwn par ~nn~m end ro~_.ti~:~r ~~,~nh Such ~ntr-rsr Sh~;i :~r s~~c~..r~d by the Len Of this mortqage.
4. To permit, commit or svffrr no waste, i+npairment or dcn~norot~on of sa~d properfy or any part the+eof.
5. To pay all and singutar the costs, charges and exFeiisrs, in~Iuding a reaso:~ab!e airorney's fe~ and cos!s of abstracts of tirB, in~unrd or Na.d at
eny lin•,e by said AtORiGAGfE, because or in the eYent of ~h._ fo;ture o~ ihe parr of the said h1~RLGAGOR to d~iy, promp~ly and f~!ty peifo~m, d~s:hia~ge.
_.~cute, effec~, complete, co~~:pty wrth and ahde by each and evcry the sttp~(a~~ons, agreeo~enn, cond~hons, and COVCR3:113 oF sa~d p,o~r,t~so~~ no~e a~:ci it:~s
r.ortgage any o~ ehher, and sa d costs, chargas and expenses, each and every, shall be immrdiately due and payable: vrh~•ther o~ not tncre 6e nor~ce d~
r;~and, arternp~ ro coliect or svit pend.ng; and tt,e full amount of each and e+cry SuCh paqmrnt shall bear ,ni~rev irom the date therrof umii pa~d a~ t+~e
~,ine prr cc-ntum per a~;~:..:~~; o:,is ~U said cosn, d~a~grs a~~d c.:,~+~ses i,u~rted or pa+J, ta~~•ther ~unh suth fnteresl, sh3t1 be s<c~red by the i~en ot th:~
rr,ortgage. .
6. That (a) in the event of any brea:h of this Mortgage or de~ault on the part of rhe MORTG ~GOR, or ;b} in the ever~t any of sa'd wms of money
h~•r~~;n refened ~o be not prom,,riy a~~d fu~ty pa~d w~rh~n tt~,rty (aJ~ days next a~r•,r rhe sa~r.e severa.ly bsco~„e due and paya6!e, wrtl:o~t de~~~and o+ nonce,
~c) in tha e~:ent each and every the stip~ ations, agreemei:ts, cor.d~tions and covenarts of sa d ptom~tsoiy noae and th.s mortgage any er e~ther are not
~ufy, prompiiy and fu~ty ~erfonn..•d, d sc:~~rg~d, e~ea~Wd, effrcted, co:npleted, comp::ed w~rh ar.d ao~ded hy, ~hen in e.rher or any wch event ~h~ sa,d ag
a••'gate sum ment~oned in S3~CI ~f0'~~:SSJ7y nute then ren+ain~ng unpa~d, with interc,t ~ccrucd, and atl mon~ys secured he:eby, shall C~~w~~ze du~ and pay-
a:: forthwith, or thereaf`er, at tha ept~on of se;d h10R1GAGEE, as tully ard comp;etely as if all o{ 53:CI su•es cf money ~nere of~gir.a:ly s~•p~:afed
'o br pa.d on s~ch d~y, anyth:ng in sa d pron:ssory note or in th~s INortga3e ~e 1he cont~ary rtptxithstand~ng; and ~hereupon or thereaftet at th{,a opl~on o4
J fdORTGAGEE, v.~tnout not~ce or drmar.d, Suit ~t law or in equ~ty, theiefore or tRere~fter begun, r:iay be prosec~ted as if atl moneys secwcd hereby
.i mai~red pr~or to ~ti inzt~sut~on.
7, That in ~hr event that at the begi~n:ng ot or at any ti~~,~ pendfng any su~t upon rlt;s Mortgage, of fa foredose it, or to refo;m it, or To enforce
~,.mem of any ci~~n~s hz~e~nda~, sd~d R.ORT;,NC,« ;ha:l rpp!y to the Court haring ~unsd,r~on tnereo! ior fhe appo~nhnent of a Receiv~~, such Court shail
fo ~hwith appo~nt a rece~~er of ss~d rnortqag_d Nroperty ai{ and singutar, inc~od ng a;i and a~~.gu:a~ t'.e ~r.ceme, prc;f~is, izs~es and re.rr.ues from whatere~
s ~-ce de:ived. eath and eve~y of wh:ch, ~t be~ng exuress~y unde~s!ood, ~s F.ereby n:o:tgaged as ~f spzc:f~~ally set forrh and descr,bed in the g~anNn~ and
r+':endum c'~a~srs hereof, and such Rec-~ivrr sha~l ha~e 311 the 6road and effect:ve fvcct.cns and po,ters in any:•:~se entr~~ted by a Co~~t to a Rece~ve~, a•~d
s;h appointment aha{( bc made by s~ch Court as an admitt~•d equ~ty ar,d a rea!ter of a~so~ute r:yht to Said M.ORiGAGEE, snd v~rhout reference ro the
c:f.y~~acy or inadeq~acy of the va;ue of the prope~ty mortgaged or to the savrncy or ,nsot,-ency of sa:d /l,ORiGAGOR or tl~a d~ic•,~da•,;s, a~d ihat sucfi
••••~s, profits, income, issues and revenues shall be ap~ued by such Recervcr ac.ord.ng to the Gen or equity of said MQ~2TGAGEE ar,d rhe pradice of such
Cou».
8. To du!y, prompt!y and ful~y perform, d~sch3rge, execu~e, effect, compiet<, te:-~Nly w~th and abide by each and every the st~pu:ations, agreernents,
c%nditions and cover.ams ~n said prorn;ssory no'e arid ths mortga~e set forth.
9. Tha~ in the event !he ownersh~p of the mortgaged pre•n~ses, or a:~y part tF.crecf, becomrs vested in a person other than the MORTGAGOR, the
l'~RTGAGfE, its s~:uPssors ar.d ass~grs, ~nay, wrtho~t norce to The ,ti;pRTGtiOR, deal :v~th such s~ccesso~ or soccrssor in interest wrth refrrence to this
~~rgagc ar.d the dcut hcreby secured in the sam2 mann~• as w•nh r.•,orrgagcr w~th.~t in any way vi~lating or d:scharg~ng the 1.lwtgegors' tiab~idy here-
. der or vpon the d-=bt heraby secu~eJ t~to sa:e of rhe Fre~;;ises h~:eby rno~tgaged and no forbearan~e on the pari ef the ILIORTGAGfE or its s~ccessors
c~ ass~gns and no exrens~on of fhe r::r•e for the payrt-.ent ot rr.e debr heret,y secured given by the ldORTGAGEE or its successors or asslgns, ~~~a!1 opecate
ro re~zase, d:uharge, mod~ty change or affect ihe ori3~nal Gao:~:ry of the N,CRiGAGOR here;n, either in whole or in part.
10. It is SGfGfi:31e~ egreed tf~at time ~s of the essence of thiS conrract and tha? ~o waiver of any ob~ gar~on hereunder cr ot the ob~igateon sr
c~ ed hereby shaii at an~ r~»~e tn~reafter be he:d ~o be a we~.er ef the terms hereof or of the ins~rumem src~red he~by.
l l. in ,~dd r.~, *o rt,e f~r.,gc ;,~•::'y ,ms of p•~~.c pai and f~~rar~.s~ req.:~red by rhe pr~,m sscry nae s:c:,.ed hr.~~b;. morty3gor eovenanis
: ag•ees te ray to rne-!ga~te v.,~h cach .;n•n ~::t „n ;d:i:•wnai wm ,red by mortgagee to oe eq~av ro ! 32 of tl:<• on•;,,a; cess ot the fo;iox- -
I A-A!i real property taaes ievi,~ er ass•~ss::d o~:i••,st 1'~~- acove c~~scn~~d rea! estate.
s F~.,.t'.~;~~~:5 On f:f~ .~t`~ N~~~~.C15f.~.~~• tn5~'.i:'Cf ~~S n:r._.r; !:~:~,,:.I~'~ iC ~E: carr~_~d C^. tftt :~TrfO~?TfZtS Ste:~'_ O~l 1ft~, o~JJYC ~_iC~~f:~fd premises.
C-Pre r;,~v~s on ~,ch n,ortg::ge ~~@'dnty ~rsu:a~ ;e as ~nert}•jgee sna:t fre:,• t:r,e To ti~nr deem fit to earry on :he loan secured here~y.
~'ort~aaee srr! f~c~• t~ ~ze ~o t:~:e re'~!; mc~r;,,3,;•• :n wr;t,~,g of the a^o:,~r d~e and payable herzundrr and wch sc~~ shail t'r.~reupon be due and
•:b!e on tn_ d~:. cietr oi ih_ eexr n,o~th. ~ pcy~~. ~r.t a•.d e.:ch succcssi~e ^ onrh thereaft:-r ~ctit mertgagee snalt nor.fy mortgagor of a change in such
--,nt. Such sor,z s~~.! ie a~,~:<~.~d by mcrtyeyrr re:.~•d ihe Nay~ne:~t of real properr~ taxes, +nsur~.ue p~eoi:ums. a~d m.o~ty3ge y^oaranty insurance
, .•~.ium5.
IN '~fTN,55 ""~R~OF, e sa,d ,~+ORTGAGOR has here~nto set his h~nd and seal the day and~ea~ ffrst aforesa~d. ~
Si Se led n eiivet in t e3ente Of: 1v
~ LLL~.k. 1 ~
' Sean
E ~ _ t ur R. Devo nille
.
- csear)
cs~an
- - Helen M. Devonmille t~a~~
~
t ~":.iE Of FIORIDA ~
St. Lucie
~ ~UNTY OF - ~
~ Before me personalP~ appeared arthur R. Devonmille
- ~ and
` _ _He1en M. . ,,r-~----
? QQVOAQ121Q his wife, to me weli known a~?d~Ino~ 1bfM fo be
individua;s descriLed in ar.d who executed the fwego~ng instrument, and acknow~edged before me that they executed ihe,sa~we.Jyr~the~~yrposes
~ -~e~n expresszd. Ar.d the said_____ H M. ~QVO ille ~
' ~Aicthur . vonnille~ ~ , -
4 e of th? said _ _ upon a separ~ a0d grwate
,.~*:;na?~on by me taRen separate and ap~rt frcm her said husband, ackna~vledged to and before me that she exewted saiQ insrru~e~u freeYp~-an~vOiuo-
~ ~,y and w"ahovf a~y co:n;;~:sion, co•istraiM, apprrhens.o~, or fear of or from her said husband. _ ~ :
ist November :'v 'Y • ?3
V/ITPiESS my hand and offic:al seal th~s._______ day of A. D~~19
~ ` ~ . ' ~ v •
~ ]~~~1~~/~^ r~ ~ _ _ _ •
Norary Pvbl~c in aFi~for the Stat~ of Florida at large
My Cemm~ssion expuer. '
Rerurrt To:
Fint federal Savings 3 Loan Associat.en Notary ?ublic, Sto1e of florida af lorp•
Of =o.r F~_:c~r My Commission Eapiros Oct. 30, 1976
` f•^.rr r^r~rcc. FI>;~da `ONded 6p Amc~icon ~~t0 6 ea.~rW eo.
!
E
26'7639
~ FlLFt s4's ~fC3?r;~f0
' This Instrumenf Prepared By J. H. Roberts, Jr. ;T-~J~~Z _,~~TTT
~ first Federal Savings & Loan Association _aAS
? cf Fort Pierce , R1oY ida ~i=% + C
t r ~ . - ti ~ ; { GiJft7 `
Vr-'
- Checked By _~IL~ _
~ 1 ~ 23 P~! '13 =
~ Fx220 ,~atE~441
Be.
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