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HomeMy WebLinkAbout0405 . ' 3. To p;aca ar,d cont~nu~~. ~ly k..~ on tne l.v: ..1~~..~e r.~.v o~ h~~re,ite~ i~t~sle on s~~d ~and a~~d cn a.! ~.q~~H ~~~•nt ond prrsonal{y co.ercd by tnii t~Ong. ege. w~IF1 all prrn.~u~ns th~veon p,, d~n fu~l, f~re a.s.,~o _c ,n tiie ~sve~ sto~;.l.;rd po'~t/ (or~n. in a w~r .p~:~o.cd b~ th~ MGk.4:.GEF. .~:.d ~nr.~d:tann ~ns~rante ~n tha usuai s~a:,dord po:.cy t~~n~, in a w:~i ~;.p•o.cd i.y thr h\UkTGAGEE, in suth tc~nE,any tr to~r~pan~ea al thz L:O~iGAvEE may dueCl; and all ine end w~nJ~~urm i~isurenCr p3:~c~cc on ~n~ of s~:d ~i!d.r.yS, any interesl thr~r~n or parl ~h~-rrof, in tFu aggr~~a+e sum ~fo~esa~d Or in excesa Ihr~eol, sf~alt :onr~in ~1;e us~.:t st,~.•J,:d r~~o~rg..yte u.;~sr or such o~l,rr c ~use as the 1.lcriyayac may rryu.re, n,,,A~~~g t~~e ~o~s unJer s.~d po1F Grs, each and eve~y. pa;~l~:e to s~~J .~tivkiGAi;EE as ~ts u:terest ~nay aHycer, ar:d each and e~rry such p~:~cy aLait be promNt~y aasyned a~.d d~,~~er~~d w eny hrfd by sa~d AtUk[GAGiE ei fur~her SrCurAy to sa;d n~ort~e.~e d~~bt, ~nd, no~ ~rss ti~an r~n tt0) days in ad.a~:ee oi the eapuat~on ot cach F:o!~cy, ~o de- I~v2~ f0 said MORiI~AGEf a renevs~l ti~ercof, toyethe~ w~th a rece~yN ~or Ihe prr~~~wm of suth renrwa!; a~id thrre ihall be no f~re or v.in:isic'u~ in~u~ente placed on any of sstd b~~:d~ngs, any intereat ~here:~ or part •har~of, un!rai in ~he form a~sd w~ih ihe Icss payable as afuresa~d; a~d in the.event any sum of money beco~nes p~yab!c oodrr se,h poi~cy oi pol,~,~•s se~d 1.'.ORiG:.GEE e?~~il 1,a~e ~he opt,on to rec~•iv~ .~nd ap~.:y the sa;•~e on aico~n~ of tne ;nJ~,~t,rd- ness ~ewred hereby or ro pcr.n~t se~d fAOR1GAGORS to fL•Cr~YN a~:d use it or any p.,rt tn..;~•.~; fu~ o:~~~.r y.cr: ~ars. :,.~~~.~t ~h,• oi cr p.,~~ i~g a~y equ;ty, I~en or r:~f~~ ~ndrr or Ly virfue af th~s mcr•yegr; a~~d in thz e~rnr sa d AlORIGR`vORS shall tw any ~a.+wn fail to krcp ~he ia~d premisrs so ~nsur~d, or (ail to dr!ivu~ p~omi~tiy any of sa~d ~~ot:c~es of insura~:ce to aa.d htORiGAGEE, cr fa~! pzon~p;ly to pay fully any pre~~n..m thcr,:for o~ in a:~y iesprct fail to perform, d,scharge, exrc~te, effe:t, canp!rt~~, con~ply wuh ar.d ab~de by t~~s covan~nt, o~ any p~r~ h~reo(, se~d h".GRiGf~GEE .~~ay piace a- tl pa~ far such insur.,nce or eny pa~t fhareof wahou? ,na„~„g or aff~~uing any o;,iron, Gen, equ~ty, or n~ht ur.der or by v;:eue of th~s h~.ortgege, and the lull mnount of each a~d every s~ch pay~~:em s6~11 be ~nvnrd~ately d~e and payat~+e ar.d shail brar interest irom tho d~te thereof um? p.:~d at t6e r;,te of ,:ne pe~ ce+v~m ~r a,.r~..~n ~nd re~r~h r.nh s~..cl~ in :,r~~sr <h~~. t,c s_c.,red by the I;en o} th:s moflgage. 7o perrnif, comr~it or svffer no waite, in:pa+:mrnl ot det.r:orot:on u1 sa~d property ot dny pdrt thereof. 5. 1o pey al! and s~ng~lar ~F~ ~~sas, charges end e+epe~ues, i~i~uding a re~sonable at~orney's fee a~~d costs of absvacts of tirle, inwrred o~ pa~d at nny tur.e by sa~d MURfvAGEE, beca~sr o~ ~n the event of the fr.'wre on tnr part of the sa~d MORiGAGOR to duly, promptiy and fuily ~erform, d~scharge. execute, eHec~, comp'e:re, con~p!y w~th a~~d a!, de by e..ch and eve~y rhe sr~pu!m•ons, agreementS, cond~frons, and covena+~rs of saed promissory note and this „ortgage any or e~~her, and sa d coirs, char~es and exp~~nses, each and every, shall be immed~ately. due and payab'r; vchether pr r.ot th~•re be nc~~ce da e,and, atte~~~pt to co::ect o~ w:t pend.^g; arx/ ~he futl amount of each and e+e~y Svch pay~nen~ shatt bea. int~•rest irom the date ?6e~rof unti! paid at the r o' r.~n~ rrr c~~ns„~» ~.~r o~„~u r~~d au sa,s co~~s, c~.a:9rs ar~o ~xp,..•nses ~nc~~red or pa+d, toy~ther w~th such mterest, st:all be sec~~ed by the heo of th~s mor tg.~ 3a. 6. Tha~ (a1 in ~he event of any br~a:h of t4,~s Mo:tgage or defa~lt on fhe part of the A~.ORTG~GOR, or ;b) in the event any of ~a;d tums oi money herein relened to be ro~ pro:n},eiy a~d fiu:ly pa;d r+~then thrty 1301 da~s next a`r•_r the smne sc~era:ty beteme due and payable, wi+hou~ demand or not+ce, ic) :n the event cach and every the shpu.afions, a3~..•ements, cond~t~ons and covenants o1 sa d promissory note and th~s mortgage any or e~~her are not iuty, promp~ly and iu.'y pertorm~d, d.scha.g•_d, execured, etfecred, car.i,leted, cornp;,ed v~~th and a6~d.•d 4y, then in e~ther w any such event the aa~d ag~ ~~egate sum me~t~oned in s~id prom,ssory norr ~hen rrn:a~:ting ue~paid, with +ntere;~ acuued, and ail owneys setured hereby, shall become due and pay- e::'e lo+th.rrth, or !herrafrer, at !hc ept;cn of S~id M02TGAGEE, as fu~iy and comNietetY as if a11 of the s3~d sums of money we~e ong+naUy snpu:ated 'o be pn d on such dcy. a~iyth~ng in sa d prc~n•ssory ~ote or in this Mo.tgage to the conrrary not.vithstand~ny; and thereupon or thereafter at the opi~on of s+~d ~,AORTGAG[E, wnl:o~t noT~ce or demand, aod at !aw or in eq~~ty, the~eiore or the~eaiter begun, may be presecuted as if atl moneys secured ~ereb/ r._d matured pr.ot fo .is Ensr.tut~on. ~ 7. Iha~ in the e.ent th~t a~ t6e beg~nn:,:g of or at any t~me pend~ng any su~t upeo this Mortgage, ar to foreclose it, or to reform it, or to eniorce p:~~me~t oF any c+a~~r~s hereur,der, sa~d r.1UaTG:.GeF sha't epply to the Cuvrt havi,~q ~~rsd:c!~on thereot for the appo.mment of a Receiver, such Court shail r,;~rh,V;rh appc:~t a rece~ver of said mo.tc~aged prapert~ a+l a~id singuiar, incle;d.ng d:) and s,,,g~:ar ihe inco~re, proi~ts, issues and revenuea trom whatever s. ~~•ce der;ved, each and e.ery of wh.ch, it be~~~g exyress,y vnderstcod. ~s her•,by mortgaged as if spec~f~~aily set fo~th and descr~bed in the granting and !,:;end~m ciavses her~rof, and such Rice~ver shai; ha~e a!1 the br„ad ar,d effecs;~e iunu~ons and pov.ers ~n anyw~se e~trusted by a~ou+t to a Recrive~, a~~d s. ch appoinJme,~f sh~I+ be ~r.ade by such Co~•r as an ad~n~~r•d equ~ty and r mat~er of a6zotu~e r:gh~ to sa;d ~dOR1GAGEE, and__withcut refc~ence to the a:ieq~acy or inadrquacy of tFe va~ue of rhe proprrry morrgaged or te rhe so.vencr or ~nse~venc~ o( said MORiGAGOR or the detendams, a~d that such ~~~•,rs, profits, income, issues and revenues shat+ be appi~ed by such Rece:ver accordu~g to the i~en or eqvity o1 sa~d t110RTGAGEE aud ~he prac!ite of suth Court, 8. To duly, premft'y ard fui~y perfon-~, ~;sch;r~e, exec~r~, e~;ect, co~r.~i<~e, co-nNiy w;th and abida by each and eve~y the stepuiatio~s, ao:eements, -ordefons and covenar:~s ~n s~ d pro~n~ssory ncie and th:s mcrtga~e set forth. , 9. That in the evenr the onncrsh~p of t~ e r~~ortgaged F~e+n•ses. or a:,y part ti~ereof, becomes vested in a person oth¢r than the MORTGAGOR, the .'JRTGAGEE, i•s wccrsscrs ard au 3*.s. may, w,rhout n~n:e to thr ~~1~RTG~OR, deal wnh svch successor or successor in ~nterest with reference to this ':'~gage a::d the d•_i;t t~_rehy se:.:red m the sam~ mar:nrr as wrth 1.:ort~~qor v;:thuuf in any ~vay vif:afir.q or d~scharginq ihe JAor7gagorS' :iabdity hpr~ drr or upon th~ drbt nr:eoy se.v~~-d. No sa'e of thN E.rem:scs h_reby mo~tgaged and no iorbzyran.e on the part oi the ~AORTGr+GEE cr its suctessors a ass~gns and r.o extensloo ct rh: h:,:a io• ike pa,~>>ent or the debT he~ei,y sec~rro g~~en by the MORiGAGEE or ifs successcrs or ass:gns, ~~~all oFerate ~o re•eose, d~scharge, mod~fy ct:an~e or atiect rhe o~~g~noi ;rai,~;,ty bi rne K.GRTGAGOR herem, e~ther in w!~o~e or in part. 10. M is spec~fi:as;y ,,greed ihar tl~tie is of th~ esse~ce o4 th~s contr~~t and that no waiver of any oE'~gas~on hereunder or oi the obligation se- cured hereby shai; at an j h~~~e th~•rea4ter be hc:d to ve a.vo~„~r of the terms hereuf or of the instrumem secured hrrby. _ I 1. In sdd T:c ~•o ti;c rorE~c .,z ...o.,•i,'y tn ._n!s of ;;-i+:: ;,a~ and inr:~.~;t requ:r~d bq th~ prcro ss~ry ner~• s_~cured ho•eb~. mo:tgagor covenants • d a~rets ru rdy r0 r.;.r,j,~y.7@ ...e!h r=_:, ,.,n~:. , ~.,i~r.e~~t oci i~~ocial s•~m :s' at•_~J bf mor;yagee to be equal to ) i2 of tne annuat cost cf the foiiow- i ~ A-A't rca! c-'op-.•ry tar~s ie:~ed e• ass-.<s•_:i .~y,~ s; tk„_ ai:~~~~ d.-sc•,'r.;d r;a~ es!ate. i B Pr~..:un,s on f~re and ~,.~:cisto~m rc:wr.r.cr as i:r:~in r~~qu,rrd to b~ ca:r~cd en the :mrroveme~ts s~tuate on thv aoove d=s:r'rbed premises. C-PrP:. ,u-:a e:~ s~ch +r.or~~;:~e g;,.xam~ ;:~svra, ;e as ~ o•rg.;gee sie3;; i„~~*, !.,re to i~:ne d~cm fit to earry on the toan sc•cured hereby. T.tortg~3ee sh:, l trc•n r~.;.•~ to ~ r.c••f, „;~ger ~n r.r~t~ng of tne a:-o.:•.! d,;e and payaule fiereundet and su:h su•r. shaf( ther~u~on ~ due and ,;able on the :?.,c catc o` tne reat ~~.c~~t1,:; E,a~^~•:nt a~;d e~ch.suco~ss~ve no•~~h rhrr~after urnii mcrtgagee shaN not;fy mortga3or of a change %n such ~un:. Such s.: ns s~ ~';e ap, .;cti tv~ n.crrg ro.~a:d the F:a frl.ent of rral pro,r.eriy taxes, msurance pre:n.ums, and moftgage g~~aranty insurance .;~emi~ms. , IN Y11TN[~S :'.H~R_OF, the sa~d A10RiGA:~OR has hereu :to ser f~~s h~r.d and sea! the day end year first aforesaid. ~ ~gned, Sea:ed a-d de!ivered iryJFje p~esence ot: _ j < . " ,l ~ % 1 ` _ , ,.;x- ~ ~ r C'`~~ award wilcher ~ai~ - - ~ - I ~ 1~ ~ {Seal) - 'LCL'tt~__~ Hattie Wiicher t~a~~ S~a7E OF FLORlDA ~r~L-(~ St. Lucie ~ ~ ~JUNTY OF ~ Before me persona;;y appeared _ HOWaZ(j {6T11C~lQZ ' and Natt ie Wi lcher - - } hls w~fe, to me weN kod,tvn and.k~rbwp~ to me to be ''r~a ind~viduaEs desaibed in and who exec~ted tfie fo:egoing instrument, a~d atknow~edged before me that they exetvf~ the 'same (cr 1{~ purposEs Hattie Wilch _ _ ~ ~ ~h~~~e~n ex~+essed. And the said__ et ~ _ . . - 'z~-: r:~je of the sa~a NowarsL~ilcher = '.~pon b:sApa~af~ i~cGpiivefe e~am;nat~on by me ta3~an separate and apart from her sa+d husband, acknoJVledged to and before me tbat she execused ~aid mstrument fteell and voiun- ~^~~y ard w•ihout any compu;s:un, constrair,t, apnrehe~s;on, or fear of cr fr~m her said husband. ~ y y' ; _ WITthE55 my hand and of'[da! seal thi:_ day of ~ebruary: ,~_~,,A b. l,q 7¢ - _ `~,L ~ , , Notary Pu~a:ic in and for the Stata Q~ ~l~td' ~~large Rer~rn To: My Comm~ssion expi~es: , y' F~rst Federal Sa.ings 6 loan Assx~:,t~an NOiA~Y p~J~L!~, SIkTEp1 F;!!~;p~' Z~ ~r O~ ~~r E-~., MY C S` ~ ' 8 /I Cr:~ ~~'e :FT. 2~. i" Fc•; ~:_:._c. F:c~;d~ 6otidCd By MtCr1t2t1 6,r,~.r5 (nsvr3--. - 2:5~a~ sT. ,Ern ~ ~~.;,z~E~ This Instrument Prepared By Robert A. Swisher, Jz. 5, .r'~.~~M+YF~~, First Federal Savings ~ loan Association r~ ~"AA~ . of Fort Pierce, F1olida pr' ~~:;AT . Checked By ~ FE8 1I. ~ 21 PH'~y , ~ ? 1~ s ~~4 f~~:E 4~~4 -rL` . _ _ _ _ _ _ _ - = = x~ ~ _ . ~ . ,