HomeMy WebLinkAbout0419 J. 10 {•:acr and conrinuo~sly krcp o~ ~i~c l:~;'<1.•;ys +~aw or hercaher a~t,,are o~~ s:.;d 'a ;d aad on dl: c:~ui}~:!~dN a:~d pcrson~'iy covrr~•d bv th~s n~p~tg.
s9e. w th atl pren,~ums thrreon p~ d in fu:t, I:re ~ns~r~~~c~ ~n tht ~s.~~i sfr~slsrd pcticV lorm. in a s.,m a~~p~o~~d b~ ~ht btUR«:•ii`-E. a~:d w~^d:~wm
~owrance in tAe us..at sro:~d.,:d po:.cy ror~3., in a s.m ~~.p~o.ed by tA, MORTGAGfE, in such canpa•~y or co~•,~-a~,:cs as ~ha AtiOkle,AGEE ~~~ay
d~rtct: and all lir~ and w~nds:orm insu:ance po:~c:es on any of sa~d b.~ud~nys, any in~trvs~ ~fierem or pa~t !h~•~rof, in tl:t .+7_~~-3are sc atwes.+:d a
~n excess tlw~eol, sh,il :u~r.;in ~he usval sia~:d..rd ~~~ong~yrr da„ae o+ such o:he. ci,.,3e a~ the htoregayre mey re~i~.re. mairtig ~~.e ~o~s unJrr ti,,,d po!~
c~es, each ond every. Paya~'e ~a e,~d 1~1JR1G~lGcE as ~ts ~me~~~st may app~ar, and eacA ar.d eve.y w:h pu:;c~ sh,,tt be pro~,.p~ty ass yncd a~,d dc~~..•r.:d ro
sny hrld by sa~d 1dOR(vAGfE as fw~her sec~r~ty to sa~d ino~tge~e drbt, a~:d. no~ ~ess ehan t..•n (10; da~s in ad:~~ue ol thr e•p~~at,ai of rach po!.cy, to dr~
I:ve~ to said h10RTGAGEE a.er.a~e! tl~eirof, toge~hr~ w~~h a~rce~;~t fo~ ~hr pre -+~un: ol such renrwai; a~~c+ ~r.eie st~e+.l br ~~o i.re c. w~~~dsrc•m i~s.~:a~:e
plsted on a~y oi s.+~d b.,~~d,~~gs, any +ntercit fhere+n or par~ ehrreof, un!e:s in ~he form and w~th ihe loss paiab`.e cs aforesa~d; end ~n the e.cM any s~rn
o} n:onry becomrs payet,r undrr fuct~ poGCY or po6cies ss~d MOw^1GAGiE ah~ll heve ~h~ op~~on ~o rrec;rr a~~d apply th•_ sa,~~e o~ auo~:~t of the i~~J~i:e.•d•
neas secv~ed heraby or ~o per;n~t s~~d MORTGAGO~TS to racr~~r and use it or a~:y part ~hr:~•of ~~r o:~,• r H„~; cs.s. •::.rt,, .t ~h ..r
~ng any eq~~ty, :~en o~ r~~!~! undN or by virtve of this mo•r~~a~e; and in the evrM Sa~d MOk'iGAGORS sha~: fw ~ny ~eesui iail ~o k~ep ~he sa~d pre~r.~a ~a so
Insufed, o~ (ail to de~~ve+ pranptly any of sa~d poLc:es o( i.•s~rance ro se:d hSORiGAGEE, er ta~' promprly io pay fu11y any prc~~,~.,~~~ ~tu~ef~r w m a~y .
respect fail to perform, d~sih;ige, ex~:urc, e~fect, ca~~ptatr, conply wi~A end ab~de by ~h~s covan,~co, a a~y p.~~~ bareol, se~d tAvkl:,aGcE may a~ac•~ a~:O •
;ay fw such insw..nte or arY pan t!~ereof without waiv~ng w aifccting any opt~o~~, tirn, equ~ty, o~ right under O~ 6~ virf.~e ut 7h~s Mertgagr, ar.~i :e.~
f~!I amo~n~ of each arxl tv~r~• suth payment sAall be ir*uned~ate!q d:~e and peyable and shatl bea~ ~ntr~cst iran tFw ~~tr thzreof ~iit~l p.:~d at :he rase u!
rnne per centurn per ann:.m and ~o~rthr• wrth such inter~-st sha~~ ur sr~wrd "uy ~he lien of this mortg.?ge.
4_ To permir, tomrnit or su(fer ne was~e, impairmrnl o~ deteriorat~on ui said property o~ e~y part tAereof.
5. Tu pay all a~d s~ngvlar the cosrs, charges ard ex~:rnsrs, includh~g a rrasonabie anorney's Fee and co:~s of abstratts of t~tte, incurred or p.,~:! a!
any rire~ by ~a~d AAORIGAG:E, beca~se or in the evtnt of ;he fa:lure o~ thr p+rt of ttie seid MORiGAGOR fo d~ly, pro:nptly and f~;ly pr.form, d~s:ha~ge
>.ec~+r, ef(ect, co~nptete, co~r•p!y w~th and ab.de by each and e:ery the st~pv~at:ons, agrear.i~~ntt, cc,d~nons, and co~e~~an!s of said pian:ssory note .j~d ~h~:
mortgage any w e~ther, and sa~d coats, charges and expcns~s, each artd evc?y, sha? be immrd~ately due a•~d payab.e; whethe~ or not thert be nc~~ce d-r
mand, atte:npt to co:tect or s~~it prnd.ng; a~:d the tuu amo~,nr oE each and evrry s~,ch aaymero shei~ ~ear mterest from ~he dare the~eof unT~{ Fa~d a~ ~h~
per r,~~tum F'~~r ann;:n; ur~d a:! a~~d costs, chargrs s~d .¦;:r~~ses ~nc~~red a pa+d, t«}e!tier w.ih wcn ~ruertsl, ~hall Ix sec~red by the i~rn of th~s
mortgage.
6. Thal (a) in thr event of any b~each of th~s h1o•egaga or default on tF+c part of the MORfGnGOR, a!b} ~n the event any of sa'd sums of n,oney
herein refenai to be :~o~ prcmFtty and fuUY paid .:~~I~~n th:rty ~3J~ days neat aner the same seve~a:ty become due and payable, witiwu~ demanal or nui~c~.
or (c) in tha evenr each and ev~ry t!,e s~ip~ia~ions, a9~erments, cund,:io~~i and coveoanea of sa d pro~„~ssc~y note and th.s mo~tgage any p e~ther are not
ivly, p~anptiy and tuliy r~erbormed, dscharg•:d, eaewted, effer.ed. compieted, compi,ed wrth and ab;drd 5y, then in e~ther w any suth eveM the sa.d ag
gr,~at2 wm mzntioned ~n said pto~nissory nore :hen re~ca~r.;ng ~npa~d, with intrr~st actrurd, and a~l mona:ys setured hereby, shal! become due and pay
eo~e forth.virh, or rhereafre~, at ~he opf;o~ 01 se+d A10R1GAGiE, as fuity and comp!e~etr ac i( ail of the sa~d svms of money wcre or.gina:ly s~~p:::ated
tu be paid on such d>y. anytA~ng ~n sa d pro:r ~sory ~ore or ~~~s 1~lwrgage to rhe comrary no~«~ths~a~:d.ng; and thercupon w thereal~e~ at the op~.on c,i
sa:d MORTGAGEE, w~t!:out nGti~r ot de~nand, su~t at law or ~n egu~ty, thereiore w lixrraitrr bs~~n, may be prosec~sed as if all moneys secur~ ~ FKreby
r.~d mat~red p+~o~ to .K mitif~t~on.
7_ That in the event rt:a~ at tne bey:nn;ng of or at any tir^e pending any w~t vpon t?~~s Mortgage, or to foreclose it, or to re~orm it, or to ent~•ce
~:ayment of any ca~~*.s hc~eunder. sa~d 1.~ORTGAGfE s'~a:~ ,,;~N~y to ihe Co~r~ hav,~~g ;u~~sd.c~:oo ~t:oreo! for the appo~roment o` a Rece~~rr, such Cooe± s1~~~~
Fc~thw~th a,po~m a recei~er of sa.d mo~tyayed pre~xrrf a:i ar.d s~ng~lar, inct;ad.~~g ~:t and n;~:g~~ar ~hr ~~:come, p~of.ts, issues and revenues fro=n ,~.t:~te:rr
s;•urce drriVrd, each and every of wl~:ch, oe:ng exprrstiy undrrstuod, ii Fereby mor~g;3ed as ~f spec~ficat:y sN fo.th end descr~bed in the gra~t~:~g a~~.!
I~b_ndum ciauses hereuf, and such Rcceiver sh~~~ havt• ei! ~he b~.:ad a~.d ri'ecr~+e f;,nct.ons ar~d pewers ~n any~vEse enuusted by a Court to a Rcc_~ver, a•~d
s ch ap,~oin:ment aheil i>c~ m:~de uy such Co:;rt es an eJ ~,i+<<-d eq~~ty and a~~atter of abso:ute nght to said hlORTvAGEE, a~d w~theut reference to the
.~:~~.~uacy a inadeq~aty of the vaivc of the Freprrty mo~~g.~~ed o~ to rhe sa.orncy or mso~vcrtcy of sa~d h!ORiGAGOR o: t!.e de~enda»ts, a~~ ~n..~ such
,-~•s, protits, income, issues and revenues sha~l br app.~ed by such Reca~+er aawa.ng to the lien or equ~ty of sa+d MORTGAGEE a~id thr prau~ce of s:,ch
Court.
8. To do".y, promFtty and f~~!y perto.m, d~scharge, execure, et4ect, compicte, conrply w~rh and abide by each and e~_~Y tF.e stipu~atio~s, agree,nents,
;ondirtons and cowenanis ~n sa.d prar~ssary no:e and th:s sa~rsga~e srr fo~~h.
9. That en the event fhe ownership of the mortgaged prem~ses. o. any part tnrreof, bccomes vested in a person cthe~ than the MORTGAGOR, the
:"~RTGAGfE, its wcceuon a.^•d asi~gns, may, w~rhour not~ce ro ihe ~.ORTG~OR, deal vnih such wccessw w successw ]nt,res~ v.::h reErrence io thas
o-t~a~e ar.d the d_•bt hereby secu~ed in the same ma:~ner az w~rh :tortgago~ vv~thout in any way vit;ating ot d:xha~g~r 3 the fA.r:yagari :~ab~~~!y F~e+e~
~•:der or upon the drbt hereu~ se:~red. No sa'e of the premises fic:tb~ mo~tgag~d a+•d reo forbearancr or tt~e pa~t of tt~r ?A02iGAGEE c~ its s~ccesso:z
o~ ass~gns and no exters~en uf the nmr for the payrr.tnt of Ihe drbt he+eby secvred given by ti~t Il.OR7G:.vEE or ;ta s~_teiawa ~r eas gns, a:.e~~ u;.n+ate
re!ease, d~xharge, m~i~iy cha~:ye or afiect the ar~g~ral Iia~~Iay of the NtJ+21GAGOR he~ein, ei:her in whoie or in pa~t.
10. It is spec~srcal;y ag•eed that ti~ne es of tht rsser.ce of ~h~s contract and that no waiver of any eb7;gat~on hCreunder p of the ob!igat:o~ se
cvred hereby sha!: at ani rirne th•~rra'ter be he:d lo be a wa~+er of the terms hcr af w o" thc insrru.~rent se_~+ed herby.
l l. (r. 3uj t.•~ : eo n,e fa~ege ~~g rr.onrh'y ':Jy~~•^n1S of p~inc pa! an:1 in~.~rest rr~u~~^d by Th;, ~.,arn s;cry ne'e SCCL:Nd he+c:,r. e~o:rga~y. eo.tnants
~ ti agr_~s r~ Ya~ :..a~+}i :ee v.~~h ra_h nv•,•h y,;a; enf zn ;,di ::cnal sv•n r:~. ~ a~~J bf morty~gee ro be eG.:31 ro 1;'2 oi s:... a:in;al coss ot thc 'utio..-
A-A!: real ~.ro, e-:y ta¦-s !e;~_d or assess_:~ .qa~ :s• o:c d~s:•~ d real esrate.
B Fr~.~~:.,,•»s on i.re and f.•~r.deto:+n insu~ir~e as nere~r. r<rqu:red to b_ carned on the :mprove~r.e~ts sIlvat: on the a`.~ove dr,c':L_d p+rr.~:ses.
~ C-Pteen~u:- s r.:: s~th r:u:!g~e gJa:a~7J :csv~a: as _•t~.:g.o_ s!:a.l !rc-' t c'e to ti~r.~ ~eem fit to eatry on !he =ea~ s^tu:ed i+crrL~.
~ l~or!~agee s~a~~ '~om t~~^e to ti-ne nc'~jy mortgagcr m writ[ng of the a•rov•~t d~a and payable hereunder and s~c~• su~: sh.it3 thercu{:o~ be d~e e~,J
I :..~b!e oe vhe d~e o;r_ Gf the r..,~t mo:sh:f p3~••:._„t and e.:ci~ s::ueszive n.o^:h •ieer~ir~ ~r.:ii mortg~gee shaii nu!.i~ ,r.~r~~,~;;r ~f a ct:~::3e r.: sv--
` o~..nt. S~ch Su~r.S s'r,; i i,e a~,{:.icd by mw!ga~-.e !oc.rd tn~ ~:a~rter,i o! re<~i pre:.e:~y taxe5, ini::re-ce prem.~ms. e~~ no~tgeg_• g.;i•.ani~ :ny.•.:.e
I _~n~umS.
~ ::iT:dE~S :dH`R=~:+E, the sa~d~~RiGAGOR has herz~^ro se! h~s h~rd ar.d acai ~he day a~ e first afo~.. .
~ S~gned, Sealed aad dz!~•:ered in the presence of: `
~ o _ , . - - - '
~.L~' - ~~t~t.7L~ .~~.-~'~il
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~ . _ ~ ~ l _ ~ ( ~_-\~~i ~ - ---iie u1
~ S;:,TE OF FtORIDA ~
SS.
~ St. Lucie i
~ ~JUYTY OF - ^
Before me persona::y appeared Pierre B. Wilmarth _ d~a
Dora A. Wilmarth _ h;s wife, to me well known and knovvn fo n.r ~o be
r6a individvais desrib_~d in and wfio execvted the foregoing instrument, and acknowledged before me that t~ry eaectiud the same for rhe FK, ~nes
tF.erein expressed. And th- :3;aJ_-_ Ilora A. W111DaIt}1 _
:::+e of the aa:d Piorrn R Lii 1~~~~_ _ upon a separate and pri~ase
..,m~nat:on by m> t~~e~ s^~arate anc~ apart (rom her saFd husband, acknowled3ed to and before me that she eaecu:ed said iastrument freely ar.d volvn-
~r~~y and w:thour any compu~sion, constraint, appreher.s:on, or fear of w from Fer said husbar.d. •
WITNESS my hand and offic~al seal th;s_ _ 21 St day cf_ J•sne _ ,Q T~. T4
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~ `'i''~ ' - , .
~ ~ •
Nctary P;~bf~c in and for w_ Ste~e of tSor at lac~e _
~ My Ccmm~ssiOt~ expites: ~ ~ ._1 _ _
• ~
~ Rerurn To: _ _ . . _ _ " - • • ` ~
Firs! Federal Sa:in3s 6 lean Assoaat.on
~ or :~-t ~ j fi^,4-'_., L~ _
Fo,f F~ . F+.~~y~ ;'l 3~~~ -~'-..l'- ` `
~ - s.......... . . ~Si ,y.'«1MVai
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. ~.:i-
7his Instrument Qrepared By (Zichard K. K~?yes h- ;ZEi,~~4E0 7,
First Federai Savings 8. Loan Association A ~
ST.lUC1E 4JUMjY Fl~• i
of Fort Pierce Florida? RC `RAS ~
~ .{~~,s Cf;UR ~
Cl~~r
~ Checked By~ aF~,,~•-. ~ :cn
~ .x~+ ~8 3 u6 PM'Z~1
aQC~ 2~ PAGE ~~g
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