HomeMy WebLinkAbout0101 3. To p'ace a"d ccv~n~u_,sly lrau cn ei~r L.n :i •~~s ~ or i•crr ~ftr~ s.t~~ic on :o:d !ar~d a~~d on aL' cq.,~p ,.~•m and pcraona'!y co:rrcd by this n,a,~g.
ege, wlth all prenu~ t~s !h~~rron ;,a d~n f.,:t, i~r~• ins,,:., :r :n tn: .,s..ii t~a~•i,~d ~w'~c/ fom~. in a swn nHNro._d by th~~ A,".~,'R:vAGfE. e J wu~dstonn
~nsvrance in nc~ us~~l S~Jt1~iJ/d ~o:.cy lor~,l, ;n a s~:n ~y.F:~o.ed :,y ihe M:)RTGAGEE. in such cu~nNan~ or co•n,;an~es as rhe t.1G~iGAGEE ~nay
duec~; and atl tue a~id w~ne}sto~~n ~r.s~~anc~ po:~..~•s on a:~r oS s~~d t..~.d ~~ys, any inte~ast there~n or pa~t th<reof, i~~ ~he agg~~:go+e s~~n atoresa~d or
in excess ~h~~reof, s'~all :cnt,;n ~ha uswt sta•~da~d ~norry,gee c~,i~sr or s~:h o=hrr c-aose as ~he hlortyayee R,ay reqv.re, m~king ~i~e :css ~nJar s..~J poii-
:~es, each and every. p~,,~ ~ ro sa~d ;.lJRivAvEE as ,~a unct,st me7 o{~p~~ar, a;~d eacn a~•d e:vry su:h pc, ::y s~w1l br pro~r.Ntly ass y~~~d a~.d de~~~.~•ro ~o
any held by se~d 1.'.OR~GAGEE os {u~rhar s_cu~a~ ro sa~d .~:u:~~..~r d_•ct, a:~d, nor :zss ~han ta~ (iQ; d~ys iri ad:ance of th,~ e,p~~a~~ori ot iech poLCy. to dr-
_live~ /o said AIORIGAGEf a renrwal ~hereOf, to~e+her .~~th a r_cerl tor Ihe pre~~~wrn o1 such rene~a!; and ihere ahai~ ba nc. fue or wi~~diic•m ~ns~rence
p~aced on any o4 sa[J bu~id.ngs, any imarrst therc~n or E,art ~herrOf, u:~ltsf in ~he ~onn and wdh the ioss payat,le as afo~esa~d; and in ihe e~ent any sum
of money beto~~~as po~at:e ~nder s~ch •:.o:~cy or poGc~rs s~.ci t.10K1GAGFF sh,ii have the opnon ro rec~•~.r a:~d apply thr sa~~~e o~ ac.ou:~t of ihe i~~d~•Lr~•d-
r.ess sewrcd hereby or to per•mt sa'd 1d'JRTGAGORS ro recc~ve a~id use il .~r a~iJ i:art tL_•:caS 't~r o;n.r F.ur; ~s~•s. ..,in~.t th_•.;,~ ,ti_~.,~~ ,,i.~.
ing any eq~~ry, I;zn or n~h~ ~n.i~~r or L~ ~irwr o~ th~~ mor'gage; and ~n the ev~-n~ sa~d M.ORTGAGORS sh~tl (or any ~eason fail to krep the sa~d pre~n~s_s so
~nw~..~d, or f~i1 to de~~ee~ pro~ny,tiy any of sa~d j~ol:e~~~s of ~~~wrance to sa:d MOR(GAGEE, cr f~~1 p:o~~:~,ity ro pay fut:y any pre~~~;u~n iherrfur or in a~~y
respca fail to perform, d sck~„rge, rxrc~~r, effect, co,~~p~e~e, con,pty wiih and al~~de by th~s covenant, or any pir~ hareuf, said Mc.,RTGHGEE r~~ay p~ac<• a~a
{~ay fo~ a~ch ;nsua~nce or any part thr~eof wrhout w•aiving o~ affec~ing any opt~on, lien, rqu:ty, or r~ght under o~ by v~rtue oi this hlort~aye, a~~d thc
t~;i amo~r.t of each a~~d e1ery s~th pa~meM sh,,il be ~nvnrd~atety due and F~yable and sha:l brar inter.•st trom th~ date ti~,:rcof u~~til p~~d at the CJ12 of
n,n0 pe~ Cen1~:n F.er oiv'~t.... ~n:l f~y_•tl~~.~r ~aifh Sut~~ ~n!r,~.St sh.~~: b.~ s~c~~rd t~y the GCn O~ thii mortgage.
4. To permit, cann,it e~ s~!fer r.o wa5te, i~rpairmcnt or Je!r~+orat~on of 3a;d property or any pait thereof.
S. To pay all and singvlar ~he CvS13, C~13~fJQ3 ard exper.ses, ~nc:ud<<:9 a reaso~~~bte atto'mry'a 3ee and costs of abstr~cts of tiNe, incuned or pald at
any time by S~~d h1URIt3A:,'. E, becoi~se or in the event o4 the f~.;urc on ine part of the soid h10RTGAGOR to d~ly, pro:nptty and f~;fy perform, d~sti;3rge
cute, efi~ct, con:p:~-fe, cc•npfy w~~h a~,d ab de by each a~d evrry nc~ Siipu~at.Or.i, at3ree+teenls, Con[1;f;ons, and co.e~~anfs of sa~d p~o:~:~sso~y note a~•d ~h~:
mortgaga any or e~ther, a~~d sa d costs, cha~yes and eape~zses, each a~d every, sF~ul! be immed~atuly dve ~nd payab.e; wherhe~ or not there be nc~~ce d_~
mand, attempt to co:led er suir p~r.d~ng; and the full a~nount of each and every such ~aymero shafl bea~ inrerest from ~he date thereof until paid at the
a+ r.,ne pe~ ccr:l4n: ~rr ~.,.~_n; .ad .,u sa~d tosts, ci~,arj~s a:+:1 ~¦;,er.st:s ~ncurred or paid, togeti~er w~th such ~nterest, shaii be secured by the i~en of th:s
morfgage.
6. That (a) in the event o~ any Frc~sch of this htiortga9e or defaul~ on th~ Fart of the MOR(G~~GGA, er ;b) ~n the event eny of sa'd sums of money
herein referred ro be not p.c•~:pr~y a:~d fu!ly pa~d yv,i~~~n ti~.•fy t3U~ da,~s nrxt a*n,r :he sa~ne se+ere'ty bec~~ne due and payab?e, wnhout demand or ~uKCa,
or ~c} in thr e+ent ~ach and e~ery ~he s~~;,v a;~cns, a3reements, tc~::.+~•~o,~s and corenanrs of sa d p:o:~~iisory r,ote a~~d ih:s mougage any or e~ther are oof
i~:y, pro~:,ptly a~;.~ r„~iy ~erior~r,•_d. J s.t~u~~_d, execcr~~d, eff~cred. m~np;er~d, co~n~:~ed v+~rh aad ab~d_~d Sy, then ~n e:~h~r or any such event the sa~d ag
~regate wm mrnno•,ed ~n saod prom:ssory nc}e then re~t~a~n~ng ~nFa~d, with +~uere;t accrued, and ac~ moncys secured hereby, shatf become due and pa~-
ac e forthw;sA, or ~i~:.r•_,~~r~r, at ;he oa!~on of s;,~c~ i1ORSGAGLE. 3S fe,;i and .om
p'etefy as if a!I of the s~~d s~~ts of n:o~ey were or.g~,,a+Iy s~~p~.arrd
ro be pa:d on suc}~ ciay, ~r,y~h~ng ~n sad pro:r,.ssory ncte or in sh~: ~.tortgage to the con~r2ry not.vithstand::~g: and ih~reupon or thrreafter ai the ep~~on of
s.+.d MORTGAGtE, w.thc~a ~of~ce o~ d~•n:and, s~rt at i~w or ~n equ~ty, th,~refore or tl~erzaftee beg~n, may be p:osecured as if all moneys secured bereby
r.._d matvred pnor to ns irn~~~ut~on.
7. ~ha~ in the e.ent rhar a> >he b^y~r~n;ng of'or at any t+~na pen~ing any suit ~pon this Mortgage, o~ to fo~edose it, or to re(orm it, o~ to enforce
~~yment ot any c!ai~rs he~eu:.d:•r, s~id tAOkTGAGEE st;ai: .,pply to tne Cou~~ havi~~g ju~~SCI.C~~O~~,t{1CfE'Ot 1ar ~he appo~ntinero of a Rece~rer, such ~o~rt shaif
i•~•thwith appo~nt a rcce~+rr of said rnqrt~aged proparty a{i a~:d si~igular, in~iud~,ng aN and vngu~ar ri:z ivxcme, prot~ts, iisves and teverwes from whalNver
s-. ,•ce derived. exh a~~d evtiry of wh ch, it be~ng ex~rESSiy ondr~s~ood, is hen by merTgagcd -es ~f spec~!~cal;y set fprth and described in the grant;ng and
t ei:endum c:a~ses hereof, and sucfi Recr~Yar sha~~ hare a!t tne br„ad and effecr.ve fur.cr ons and po•,ners in anyv~~se emrusted by a Court to a ReceiYe~, a~~d
s_:h appoin*me~v sh-~ ~ be .~.•de by svch Co:;r! as an ad:nittzd eyu~tf and a natter of absotuta r.ght ro said MURTGAGEE, and with~ut teferrnce to thz
a.!rq~acy o± inadeqvac; cf ~he va~~r of the property n:orrgagc~tf or tc +i,e sav:~,cy or ~:::c;:.ency of sa~d I~~ORSGAGQR o~ the deftne}an1s, enV th;t such
~~_-+s, proiits, income, ~ssues and rever.ues shaii bz appG~d cy such Rece~vrr accord,~~g to the iien or equity oi said MORiGAGEE and the practice of Such
Court.
8. To d.,'y, promp!3y and fu~~y per;orm, d~scharge, ewecute, eit~:ct, comp!ete, con:ply w~th and ab~de by each and every the sNpulatior.s, ag~eements.
.ond~tions and covenants ~n s.~~d prom~sser~r nu!e a~:d th:s r. artgaye srt forth.
9. T?:aT in the eve~~t th= o.vr:~:sh,a of rhe m~rtgaged pren„t~s, or any part the~eof, becnmes vested in a person other {han the IdORTGAGOR, fhe
.~RTGAGE'c, ~ts suc;:~ss~rs r~d ~ss.yns, ~nay, v.~rhour r.oTlce to th~ ~•~R7GFOR, de~~ .v~tF. such successor or succrssor in ~nterest with re`erence to th~s
' ~•~~age and the d_;;• 1.~-.t~y s:~ured in th~ s~~re ma^n~~r as v;.:F. ?.r~rt~ayor w:tho~t in any ~vay vitiating or d~scAarging the R1or!rna3ors' liaoility here-
: 1rr cr u~on the drr,r n._r_:•~ S_,:,~_d. No sa'e o4 ihe Fre•~~:s~s 1~•_~~•Cj rno~fyaged a::d no foroearance on ~he pari of the i'AORTGkGEE or its s~ccessors
ass~gns ard r:3 exr•_rs~on o` th•~ ~:•ne for rt~~ pa~n.ent of ti~e debr h--~z•.y src~:rd given by tne MORTGAG~E or its wccessors or ass~gr,s, a(iall orerate
~o re~ease, d,sc~arge, m~d.fy c~ange or ~ifecr t+~e or~q;nai l~an.;:ty of rhe l.'.ORiGAGOR herein, either in whole or in part.
10. It is sE:ec f:cr!~~ ag•eed rhat t~•re ~s of the rsse~:ce ef tt,~s to-:tract and that r.o waiver o6 any o6~lgar~on hereunder w of the ob!igation se-
c.~•ed hereby s~~a'.: at an~ t«.e m~ ~~-aiter be heid to be a v:~~~er cf the ter:ns her~cf or of the instr~ment setvred herby_
It. I,, c._ s:.~ .z •,nrk,y F..~~,..n~s o` and i;:r_•es~ re;u~red by th~ p-omszcry ~~cre sccured her-~bi. ~,o•~ga~or co+enantS
• ti agr~es io !o ~y_. ,.~•h r.s,~: r. ~ y,,.~,~. .:n ,;r, a.?.; :.~n1i s~~~~ ~ s• a~rd bt mo~tg33ee to L•e eqvai to 1 12 of tE~e an.iua; cost of the fo;'~o~-
A-;1!i r~a! }.rep~.~i f~._s o• asz~s._~ ,.~-s! ti~_ ai;o~e d~~s.•i:~d c-aI est~te.
6-P.,.:• s on f~.• a, i.:,.ds•_~.,. ~~~s:,: .,s ~~_~-c:,, r.q., r.•d ro b,• ca~r~• c~ th•_ ;,r.r~ove•r,eits s;tuate on th~ abovc das:~~bed p+emises.
C-Pre...v•• s ,.~ch : ~rr ~.~:e g~a,.,~.rr ~cs:.•a~ c= rs ,r:~.•g.~~•~~ sh~:i ~ r~•~e to tl.n~ d•.em fn to carry on the loan sec~red herrbl-
J.+ortg,q•~,, s~_ . T:- r t~ t.-,e r,o• {y ^ cr;y;,g~r .,:i;ng of th~ o~~t dve and payab~e hereundar and such su~~ sha:: tnere~pon be due and
~ .~,at;te on 'he cl::, d„•; o: _~•.~tt roo~ti::~ ~._~i a~+d e~cn svccess~ve n.o~.,h m~:e>fter u~:ti! mertgagee sF.a!f not:(y mortgagor of a change in wch
;~nt. S~.h ;~:s s_ v; ~..•_c1 r„ :r~ry..; ~ ror:a•ti rn_= F;n~rrc•-r, of •_a: property taxes, inswance prem,~ms, and mcrtgage g.~aranty insurar.ce
~ ,..emiums.
IN I~ESS :.N:P~OF rhe ss:d t~',~R? -.G~2 F.as hc•eu-:r~ se! his h3;;;.t ard seai ihe cay a~d year first a~oreseid_
5~ ,$e ~ and d vered i the pr ence of: `
/ " - (Seal)
E -=~..~e~LiL-a4~ @IIQ@ (Seal)
i _ _ ~'~~r ~
~ (Sea1)
: - - - - Rose MBxie Gl (seat)
~ S~,:Tf OF FLORIDA ~ -
~ '
_:;U'JTY OF _ St . Lucie u~
- - - - - - (
i Before me ersonail a Clarence .1. ('il nn
F y ppesre~ _ _ y _ and
; _ __~ose~iarie Glynn ~ his wi1e, to me well known and known to me to be
~ ~he ind~viduais`~~~spnbed„'qj~~and who executed the forego~ng ~nstrument, and acknowledged before me that they executed the same tar the purposes
~ ' Rose Marie GI nn~
' ~~,.,,ein exp;~e~ ~ ~.xi ;tr! s~i4i ~ -
_ ~
? r: `e of Laec~ ict.•''~~~~ ~ r• - larenee .J. _ upon a sepa.ate and private
Glynn
~ ~~am~na;~on~6y~r~ taAe:t-seaar{~ iod aa~~t fro^: her sa~d husbar,d, acknow~edged to and before me that she execu:ed sa~d instrurnent freeiy and volun-
'7^~ty aQd~)}~a~any cun5;,u.Sio~n,~~pnstraint, apprehens:on, or fcar cf or from her said husband.
g . .
_ ~4IfRdE55 ~y hand a~d of~ea~t-seal th~s__ day cf e -
~ _ ~ i , ti A. D. 19_24
~ ' v/ J•' N ry ub~~c in and for the State of florida at large '
~I~r •~•.....•'~•~1v
` ~l`~.,~` Retpraljo.~,.`: ` My Comm~ssion expires:
- First Fedaraf''9~Nnpq:+31°loan Assouat.on ~{y Commission Expires Apnl 12. 15~6
: Of Fort P ~rce. ~
Fort F; ~~[e, F:,.; d3 t
i4~ r.•"^g%.rii~
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$T !U~ , xRkS ~ -
C:C.(` ~iitt CC~~ ~
This instrument Prepared By RiChard 3C. Kayes r.f^r~; i` 't ~,~7~'`"~
Fi~st Federal Savings 8 Loan Association ~y ~ ~
; of Fort Pierce , Florida ~ ~ ~ Mf~
~
- Checked By ~ ~ - 2,r`,~Q ~
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