HomeMy WebLinkAbout2518 3. T~ p',~ce s^d ca~r:n~o:.s r:e~p on the L:,: d:~ 3s :~c.n• or hrr~•efte~ 1~~U31Q on s,~d ~and a-~d on d!. eq~~p:nrnf a^d {,rrsonaliy cove~ed by th~s m.o~rg- `
~9~. w rh ati p,t., .,,-•.s nc~reon ya d.n f.,:!, f~«• ~„r,r,-:co .n ii:r ..r~~~ s~a~.:ia-d po' e~/ ~orm, in a e~m a~.,~ro.ad b~ ~hr ~'.uR.v:.GEE. a~ J w~•:J~iorm
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~•r rance ~n ~he ~s:.a+ s~~n~~:d Fo: cy form, ~n a s=,;n aY{.ro.rd u~ ~he A5'uRiGAGEE, iuch co~~~Ne~~y or co ~~pan.es as tRe h~OR1:,AGEE may
d.recr; and all f,re a~d v~:rxls+u~m ~nl~'anCZ poi,c~.s on a~y o( sa,d bw:d.nga, eny imeres~ rhi~r~n or pa•~ thcreof, in the agg~ege~e ~v~~ aferesa~d u
~n eacess thrreo{, i!.~'~ :onu.n r.~r ~sva! ue~.d~rd ~nor~3egre c~~~se or su:h other c:e~se as ~he Mc~rya~ee may ~cq~~re, moking rne :cis v~elr~ se~d po~i-
c cs, each s~d e.ery, pa,:,~ r to ta.d ~1~JRTGA~,-EE af ~!S tcr.it may apprar, a~~d tach and Overy s~ch p:, .cy iF:a~l tx ~:orr.Nt:y ass gncd e~~d de.~:c~~~d ~O •
•ny hcld b~ s.ad titO~::,~G:E is f~.rhzr s_wr~ry ~o sa~d n.o~~~~~e d~wt. ard..not tea~ ~han un (!Oj da~s in ad:a~~ce of ~he e¦p~+at,on of each po:.c~, to de- •
:~.ea ro ~a.d !.tJRrGaGEc ~ re~~wa~ th~rcof, togeiher v~~rh a rece~pt for the pre~n,um oi such renewa'; and ~i~+rre shai: br ~o f~~e or :r;~:dsw~~~ u.s~~ance
p'iced on a~y ot sad b~; d~~gs, a~y inre:est there.n w par~ thereaf, u.^.irss +n thr torm and w~~h fhe ccss pa~at!e as afo~esa~d; a~d in the ere~t any sum
o} mone~ brcoTcs pa~i.`,~e ur:drr s~ch po~~ty or po!,c~es a.i~d b!OkTGAGEE sholi have the opt~on to rece~ve ~nd ap~:iy thr sa ne w+ acco~~~~ of tAe ~nd~-u~-d- '
nrss sec..red herea~ w ro pen„n se d:tORTv~GORS to reca~~r an.d use ii or any . a~~ ~1.~~eof lor o7~~..• t-u~, o:z•s. ,..t~_~_t Th,•..;: ~ cr
,,y any ~G,~ r~, i.e~ or ~.3r.~ ~r,drr ur oy v,:fve of rh~s mc••g,+9e; and ~n fhe event sa d MORTGAGORS shn'1 fo• any reason iail ~o keep ~he sa~d prw~~s •s so • -
~wred. o~ ~3~t to de'•~r~ p~~..+p~!y any of sa~d po~.ucs of ~nsu~ar,ce to sa d MORTGAGEE, er fa,: p:cmpfly to pay fu~:y any p.e•n~,;m tincrcfpr or ~n a~y
~~s~ect fa~E q Fe~Eam, d sche.qe, e:ecctr. ef!eu, cwnplerr. co~~ply wah artd ab~de by tn~s covenant, o~ any part ha~eof, snid MivR?:~AGEE may p.ace a~a
~a~ fa~ s~ch insur,r,~e or an~ pa~t thereoi w~t~out v.a~~ing or aifrtting any o;,~:on, tien, equ~ty, or r,ght ~.~der or hy vi+rue o~ ~?+~s Mortyage, a~~d the
arr~,nt oF each a^~i e.er~ such pa~~r.ent sha,l te u+.rned~arely dve ar.d payable ar.d shafl bear inte~est from tha date thereof uni~l p.;~d at rhe ro~e o!
^^t pe~ ter.r~m per a:~u n. and +o3<m. r w~!h su:h ~nrn:.st sh~i~ be sr:ured hy Ihe t~en of this mottgege.
1. io prrm~r, ca~m~r a suffer no waste, impa~:ment w dcteno~ation of aa~d property w any part the~eof.
5. io pay a~~ and a:-+g~~'a+ the ccats, charges and e¦penses, ~ncl~d~ng a reosoneb!e attaney's fee and costs of absnaus ef t~tle, i~cur.ed o~ p3:J a*
,~i ~~^-r Ey s~.d A`ORTvAG:E, because w~n fhe event of ~he fa'.wre o~ the part of ~he sa~d 6\ORTGAGOR ta du+y, promprly and futiy pe~fwin, d~iche.ye
-•_c..sr. efiM, ccvr~:ete. <cmp:y w:rh and ab da b~ ea:h and erery the st~pula+.on:, agree~nents, cond~t~ons. and covenanrs oi sa~d p~om~ssory nore a~~d Th~s
j::ga3e any w e.rtw, a~-d aa d cosn, charges and exFenses, ea.h a~d eve~y, shail be immcdiately due and payab!e: whether or not ~here be no+.ce d,
a^d, anempr to co •ect or sv~t perd.r.g; and che fvll arnount of each and eve~y wch paymero ahall bear .nrzrost from tAC date thereof unril paid a~ the
- ~ ce- crr.r„ . o...., a~~ asld :csn, cta:ges and c'A~.1115^_S ~~uurred or pa~d, together w,th svch interest, shafl be stcwed by the i~en af th:s
--.rtgage. .
6. T}~t (a! in tFrr event er any breach of this Mortgage or defau~t on tiw pan o1 the MARTGAGQR, or (b) in the eveM any of sa:d sums of money
~r-r~n recerrrd to be r.of prompr:y a~:d fu11y Fa~d w~rt.:n th.rty ~30; diys ~+cxt aie•_r ihe sa~,e severa::y be:ane due and payabte, w~~nout demand or no~~ce.
_r .c~ in rfir e:er.t aach and e:e+~ fhe st~p,,.ar~ons, a3tetrnentS, tor.d~:~o~~s and, covenants of sa d pro+~,iswry noTe a~d ~h,s rnortgage any or e~~her arr nol
r, pra~cptty and f~.~y ;xrfor:^rd, d a:ha~g~d, eaec~red, e1fectrd. comptetrd, compi:ed r.~~h and ab~drd 5y, rhen in e+thrr or any such evem the sa.d ag
=•-3a~! SUT rrenf,~^ec+ m sj~d ~ro+r~ssnry nc~e ~nrn re~na~n;ng un;~a~d, wrth ~nterr>~ acr.~ed, and a.l moners secured hereby, shalf beco~ru due ar.d pa~-
e ie-:hw,th, cr if.=f9djrC~, d2 rhe cp~~on o! se,d b!ORiGAGfE, as luuy a~xi comp:rte~y as if a!1 of the sa,d sums oi money v.ere w:g~na,ly st~pu.afed
~ad on :uch c~r, a~yT}.r ~~n s3 d prc~.^.ssory ncre or ~n fh~: l.lorrgage ro the convary no~w~+hsrand.,.g; a~d thereupon or tl.ereafte~ ai the op~~ai of
s= ; S~ORT'vAGEE, v.ar~_;,~ r:o*.cr or de;nar.d, s.,~t at !aw or in eau:ry, ~her~fore a the~eaf~rr begun, may be presecuted as ~f all moners secured hereby
^+ar_sed pr.~r ro .!s inst,tu:•crt. -
7 S~a+ :n th2 c.err rhar ar tne beg~~•n;ng uf or at any t~me pendiny a~y sud upon this Mortgage, or to forec:ose it, or ta reform it, or to enforce
c_. en. o± any c~~-s h~~e~.• e~~, e=.d .!;JRTG:.G.E sha'; app!y to thr Co~.t ha:;~~g p,•~sd:c: en therro~ ~or the appo~ntment of a Rece~+er, such Couri shaJ
_-~.>n a~cc.-~r a r~ce..e+ o~ s..d ~-tgayrd pro~erty a:i ;nd s~ng;,~a+, incwd ng at~ and i+~~q~~ar fhe iecome, prolns, nsues and re•e~ues from wh,tever
s_ : ~r..ed, e<:h a~.~' e.e~y cf ~,h ch ~e be~~g express'y ~nders~~d, is tereby mortgaged as if spec:f~ca~7y set fpth and dexribed ~n the grant~ng ar.d
-r-+,:.,~-+ c e:szs b?•.e', a~d s_ch 2ecr~.er sha.+ ha.e a:: :ne b~oad and eftxnve funt'.ens and powen in anyw~se entrusted by a Cowt to a Re.eiver, a:~d
s-~ ~c~:ccre:•* s~3. ce _ ~e s„c!~ Cc .r. aa an ad •:~;:rd ~•G.,~ty and a r ane~ of abso'we r,ghe to sa~d M.7RTGAGEE, and wr.hcur reference to the
~_;cr r~nad~.:ac~ o~ s~r .•a.cr c~ rhe pro;,erty mc~~~~qed o+ +o rhr iu..r~c~ ur ~nso.v~~e/ o~ sa:d :!ORtGAGOR or th> deir~~danrs, a^d rhat s.,ch
°•s, croi:ts, in::,~rx, iss.:>s and re.er.~es she~~ te app.~ed G f s~:h Rec_+ver ac.ord.ng ra the Len er eq:,~t~ of sa~d h10RiGAGEE and the praU~ce of such
:.=~n. .
g. ;fl a, Gro--~T'y and foi~y re•form, dlscharg~, exec:;!r, etjett. comp:e`e, Co~r.yl~ w~?h and ab~de by each and every the s!~puiat~ens, ag~eements,
__-~,rcr.s ana ca:r::3:*s ~ s~.3 ;,ro.T;ssorl r,cre ar.d rh.s rr.,;rtg3:~e srt forth.
9. 'F:a; rhe P.e~r *~e ch^r~h(c of tne ~ort~aoed prem~s~s, ar any part snereef, 6ecom"es vested in a person othe~ than the MORiGAGOR, the
~'v~GE_. ~•s s__cass a-.d sS5 3'~S, md'/, ..::ho~f ~:or.ce ro fhe .'l'.07.TGApR, deal wrth s~:h wccessw or successw in ~merest w~fh reterer.ce ~o th~s
=-•~age a~d :^-r 3-~• r_•eny se:v~ed i~ rhe same ma~r.er as w~eh /.;ort~ogor w:thout in any way v~r.ating a d scha~g~ng the /dwtgagori liab~i:ty he:e-
y r.-° :!_~r s_c~-_d No sn',~ of r!:e F•e~:~:es hrreby me~tgaged ard no fo:beatance on the part of the ?AORiGAGEE or its successon
35S'~]^S d~d ^o e.~,•~s::-: r++~ *,~r~ `o~ ~he payment of tne debr hereby secured g~ven by the 11lORTGAGEE o~ ~ts wccesswa or au:gna, a:'.att orerate
e~se, d.u^a-^ye, mod Ey :^a^9? aTSect the o•~g~na{ :+ao.:ay of the ti:GRTGAGOR herein, either in wFwle or in paH.
~0. :s :;r j.c_ ~ ao-eed ri ar f~~ne ~s of r~:e esse~ce of th~s conrract and that no waiver of any ob::gat:on hereunder or of the ob:gation se-
__-ed herr~/ 1"3., dC 3r~J n•~~e :~:_r-~"er br h_,d to be a wa~:e. of tha terms hereoi or of the instrumem secured herby.
2':. ~ _ ~re~c cr'r ,;:a;•.,_rTS oi c~3; and ~.,terts• re~u~red by ~~.e promsscry no'e sec~red hereb~, mortgagor covenanrt
a^y-•_~s = ~af•'~ ;"c-'3 ~~3_~-~~ e~c-: ~,~.~e•:~ an•;dJ. :onai SJ.Ti c-s~ ~ sred b~ morrgaqee to be equat ro 1 12 of The anr.~a{ cosr of the foiiow-
p i,-.... r~a' c;.~_ ,>.rs ~e.~_.. o• asscs~.. .,y~~~s~ t~._ zco:~ desc..,d r._a! esrate.
~ E-F~_ > e~ r.~ a• ~••.:.as~~~~-• :rw•r-:e as i-er, r, .eq~.red tc b~ ca..~~d er. The :mrrove-*+e~•s s''vate on tne abovc ds:c*~tr:d Fremises.
! L-Pre•-:_~-s o~ _~..:.•';=^-e g..a•anr~ ~rsvra~ c_ •:s rno•*yagee sra;l f~o~~ f*^e ~o t.+r,e deem fit ro carry on the loan sec~~ed hereby.
? L'o-•g=3re s^._ `-~T ' e e nu:f, rrc•ty~~C' ~n nrrlt.r,y of the a~:-.c:;^t d,e and payab'e herevndrr and such surn shait thareupon be d~e and
~ .-.-~~e o~ :F= d;~ _ rr.• -•c-~!h.; Fa~ment a•:d exh suuess~~e mo•.eh *~ereafr;r ur.t~i mcrtgagee sha:l not~fy mortgagor of a change in su<h
~ S.,ch s.:Ts ~_d uf mcr'9,y'e tc:.ard tFe ~.a~:-rnt cf real prcFe•ty taxes: inwrance preT.~ms, a~~d mori3agc g~a+anty i~surar.ce
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~ t•: ..:FV~55 ..~=R=O~. rr.3 s~ d!.t:~R?GAGCB Fas hereun+o set h~s h;~:d a~d sea: rhe day and year first aEoresaid_
~ S.go~e~, Sea:ed a:d de~irer~d in the preser.ce of_ '
: ' Kc' ~ {Seal)
~ ~ ~ (Sea!)
z _ (Sea!)
~ -
~ - (Seat)
~ OF FLORIDA ~
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~ "=.,'1TY Of L::~:3d ~
~ 8et~ e r.~e e~e•so~a:~Y aPP°ared i OPd~~C: ~U~1i ~Ill:`y' and
~ „~iCC~~l':':. T'1. CourtneS" h~s w~fe, to me well known and kno~rn to me to ~be
~i _ i.-.d:.~d~a:s des_r.:.:-d in ar.d Nho e:ec~sed the fwegoing instrument, and acicrwvvtedged before me that they executed the same fw the purposes
J ' :J. Cc~ tn~5~
lv~iLC'~VIi
s: e:n e=presszd. A::d li:e sald---
:
~=e of th- sa d__---__ _ ~~rd~u COUL t~:f'-~ upo~ a separate and private
` r.ar:cn br ~.e raxzn se;,a•are ar.d apart fccm her sa~d husband, acknowledged to and before me that she e,cecuted wid instruroent freely and vo:un-
` , r ard A t~~J~ a^~ coT. s,cn, co~srra~nt, a rehe s:on, r fear of or from her sa~d husband.
~ - f P`~' PP , , -~~;r „r
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~ti ~~i7`:c55 my hand a~! eff:c'a: sea! this__-- - day of_ - ~
~ - ti'~=
_ Notary Pubtic in and ior -5ta Qf'~~}da ~t fa~'v ~/j~!'
My Comm~ss~on e:pires- ~J~, i~
- 4er~•n To: ~ . 6,
_ f:rs• F=ce-af Sa.. - ys 6 ioa ~ Ass~va!.on _ . ~ - - • • ' ~ ~
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: _ = _ ? - - 280831 L.~ : ~ -
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This Instrument Prepared By Ri~~t:arc? i,. ~:~yc's ; .i~,- -
First ~ederal ~av;ngs 8 Loan Association fLf~ C~n
of Fort Pierce ~ Flor~ ''.a ~ R~cp pUt~RAS ~
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~ C~kR Ct~.CU1Y COU~tf
- Checked BY - l1~GOR0 ~E~1f1f0
rvx ~0 33 ~'1~ o R
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