HomeMy WebLinkAbout0728 7. To plsca ~~d con~i~~c~sly k.ep on iF~e l.~~'.i~~~gs no.v or hr..~..'ta~ s;tu.+ta o:~ s~~d ~e~k! a~xf w~ a!: cqu~~•,.un~ ar.d {x~sonaliy covrrrd by this morlg-
+~r. w~th all pren~~ums rhe~eon p~~d tu~:, t,rc ~ns.,,~.ce ~n ti~e .,s.~ai s~ond,•J E~ ~cY wrm. ~n a s~m a~ yN~vrd b~ rl~e MCRIG:.G~E. and v.~:~d~~~xa? ~
~s..rance ~n fhe usual uandard p.'.cy (o+,n, ~n a a~~n apF.rorrd by ~1..: A~LRIC,AC•EE. ~n iuch canpony or canpan~es as tht htO~~GAGEE may
d,~ec~; a„d sll Gre and rv.nciftwm ~nsv~enca po'~u~•e u~~ a~~y ol a~~d bu~id~~x~s. e~~y ;nt~rr.~ ~herei~ or pa+t thc:eof, io ~he aygr<gs~e sum atoresaid or
ir. rxcrss IA~reof, sh~ii :ontaen ~he us~~~ s':+:d•~id ~no~~~~$ze c..~~te w s.,_h o~her c:a~ss as the Ate~t~o3ae ^'°Y ~tA~~te• ^'~~'^9 ~~'e wss ~~~ue~ s,•d po~i-
.•s eoch and rvery. pa~..br t0 aa~d :dJR:t;,A:~tE ..s ~~~tc::s~ r~~ay eF.pe~~, e~d .~.,ch ,.~d c.c•Y sv:h H~::/ +I,a~t I~e prWh~~t:y as~9.:~ ~,~d de;~.<red ~O
en~ h~•!d by sj~d :.~pR~GAGEE as ivnher secw~ry ro io~d n o:~~~dC d•~t, a:'d. ~:or i~ss :~~:.n trn ;:0: d.,~a ~n aJ.a~~cr of ~hr ex~u,t~on of rxh yot,cY. ~o da-
ro ~~,d A1QRiG :GEE r rr~u~oi ri~erc~F, ~oye~?rer v.~~h a rr;:~ tur ihe pr~~,,.v•n ot wch fE~1tiA.+~: Y:t~ thrre shail Le rw h~c or v,~ndsw•~n ~n~vrance
~!,crd on a~y ol sa~J b~Jd~ ys, any in!c~est thr~r~n or Nari ii„r~•of, vr. css in f?~~ i;.~~.~ a~~d :+~~n It:e :ois {~a.oL:t as afciesa~d; and in the e:e~N any sum _
o~ uney b~-con~rs pa~a4lr ~~ndcr s~cl: po1~cY or p~~:c~~s s.+~d f'.`OkiGAG:E shail hevc rtw o+~t.on ~o ~rc~~va .,nd apH!y the s~~t~e on occo~nt of the l~1t~oDTr~
.ss srw•rd harrn/ a fo prr~n~f sad h1URTGAuORS ~o recri.e erci use it or ;ny cn.: ,.o! i:.r c~~..r ~.u•. ~r~s. :..rr,.:r rh.•.:,; . ::r ::,>~r. 1~~•
eny equ~ty, I:en ot r~~F•t ur.der or by virti~e of Ih~s n:c~'yage: and :n ~h.: ev.•ni sa'J 'A~2TtiAGQR: shall iw any reason iaii to keep it:e sa~d prem:i~~s so
s..r~d. or fail to dr..Yer promNtly d'~Y ~f s.::d ~wi,c,:s ot .r.iur.j ec t.~:d ~.t~.Ri':Av~E. et {~ii: iuon:pt!y to pay luily any p+e,~, ~~n ~herofw a in anY
:ct ia~l eo Fxrform, J~,charge, ex~.~~r el~:_:, co;n;::~•e~: ca~.Nt~ a•~ch a•a! ..o~d~ b~ •k..s ccvcna•~r, or any p.:it hareof se~d MORi:,:aGiE moy p~acr a~d
. for s~ch ina~r.~n:e or enY pert tFr:~of ~:tha.~t wa~::•~g o+ af!_-cti~~g an~ ota ~n, I~tn, eq~.ty, or ~~yht ur,~~•r ot by vutue o( this hto~tg~g". a~~d Ihe
a~„o~n~ of coch ond e.rry scch pa~m~~n~ s}~.+II be.^~~~~uwret; J.e .«d ~'a,.,~;'c a::d ;no;l t,rar ~nf~~~_st iec~~ thr darr thereot i~~~tJ ~d at the~~a Ot
~ . rr .~rntu•n ; r~ .a~ie~.,•r: , ,.l r..~.;~i.~-r .::th t~:~. s• . . s.~... ~~d t~y ti:i~ :~i.~. pf th:i +no'tytgc
.•d. "i0 {:Mmit, commit or SuSfer no wesle. un:.a~r,~~,.•nr or 1_4~~..rr.twn ot s~.d ~-c_r..-rty O~ Jny p3r1 thNrOf.
5. To prY ~~I ar~d s~ng~lar the cos~s, ct:arars a,•d ea.>~~~u,-i, +ne:.~d~ :9 a r~-aso~~~i• e ateomrr's fa~e :+nd costs of abs~raets of tide, ineuned o~ paid at
6~~ s~~~ A'.GRT:~A~~` E. beca~se w m tFn: r.rn! • fa.•.te o~ ~r,r c.,rf oT ri~.: s,:d 1f5JRiGdGOR to d~'ry, pro.~•p!:y and tul~y per}Orm, d~sd~arqe
ef4ru, cer.~:~re. c~ ~~p!y w~!h a•,d ab ~ie by c.:~'a::d ~•.cry ~he sr~~.. ~e.ons. ay~.~ :,c~~~n, cor.ci;tror,s. and co•enams of s~~d p~o„~.sso?y note and ~h~~
•ye~e .+~y or r:r?~cr. s;~d sad cesn, che~qcs ..,d u>:.cns~s. es_h a•~d rve~~ !!:a;! •~•,~»rdate:y d~r a:~d yayabi~: whether or no• t?Kre be no~~te dz
~ a:re:=,p• ro col:;ct or sun pe~~d~ny: a.d :he a„wur.~ oi t„ch .~~~d e+r.> s~~~!~ ~~yn:<n~ sha;f bea. ~nterrsr 4om fhe date the~eoi umil pa~d a~ the
~e •;er .~...,,u o ..~I ,~:J ._s•s. ~rs v _i •_a,.c~ s_s .~c.:r~a a• ,:.::d. :oy•.et;rr •.v~~h sv:h ~r.:e:est, sha!! be sewred by the I~tr of this
»3r.
ihar ;a? m!tie e.ert e~ an~ k_~cach ~4 th~: ;:,o:~y.•ue ~r ~'=~a.,> c••i rt.~ ~,,t A'.ORTG~GOR, or ;b) ~n the event any oF sa'd sums of money
e reir~r~; ro ~ nol ii~:,+::j:"Y ~r.d ~u!ry c a~d v:;t}.i , ~n rry d.,;s ~,.~rt a••..r ehc so ne se.era :y beco•~~e d+:e and payable. wetho~t demand ar rwhee.
• th~ e.e ~t ~-::ch a,:d eve,~ th; sN,,~'~t~c.ns. ~yrr_':ce,,~s c~-~~ s a^d c•~Yr:,a~,rs uf sa.d F~ro:n~ssory no:e and ih~s mortgage any or e~ther are not
~;ri: f..~,~ ;,s•:'t.:r~r~d. =-'s:~:,•~ ~d ~..:•.+.:d ~::.:c•_d c~ ; e~ :..ti+ d ~c•:ied 5Y. ~hen in e.thet o~ any s~th ~venl the sa~d ag.
• s., n rne~~r.~ :~.t ~n r,:d pron:ni:.r~ ~~~t•_ thcn rc.:.o.~e.:.~ ~.~,c`d r-..t _~~d. a:~d a.! nwrris s:•currd hereby. shuil bccome due and pa!-
crt=~r.~sh. , ~_rra!r~•r. at th~ e~.t.: s,.d "v:S~;.veC. as f,, a~.:! ~c~~-,r ~.~:r ea if a;~ o( ~f~~• s.:.d su:ns of ma,ey were or~g~na:Iy snpu:ated
. r..? d o~~ cucn ~ 7. .n~fiuno ir i~;~.. s~ry : o - c: r h s 1: 3~-: tu ~n., v ~~w~:..thst~nu..~g: nrd ~hercupon or tf~reah~~ at the opl~on Of
~RTvAGPE vt r:e.c•~ er c,... a•.~!, s. t... ,.ec .•r ~q_.t~ fr _•.•t._.~. o. ti c::.~ ttr br~w.~, n:a~ i.e prosecuttd as +f a!1 money3 secured heteby
~ ~:.,f;.re.i cr.or t, :rn ~^.st.r~! a•.
7. ir•,~r t t~~s er •~c o~ a^y •,,^c t ' s<,,r , i. s"o tyage. or to foreuose it, w to rc(o.m it, or to enforce
. ,:,1 c . , . ~„r, i,,c; .:.~1:,, . , . re t'i~ C . . } : . l.:.ori ...~•i~ot f.+r the appo~m~r.ent of s Reter.er. such Covrt shail
•n c': a: ef s...d ~_-t-;.~ j~:i r-. o rs :.r._7~~:a•, 3~.~ ano s~:,?~ •s ti~z mtome. F~oirts. issi~es a~d rrvcn~es from whatever
•,3~~:s•._.~. ,s t. y ~_~:q.,g~_d as if s~xc.f~tady xt ioi~h and dex+~brd in the granr~ng and
, ~•r~rd. r.:_h a•~.f • ~ ~r~~-of .s .t i.. a . .
~ ~,~m c a~~ses h.•:~-o`. 3-' w!: R.~c_~...~: sF , r d.. cs ~~~c i~•..: ~ ~Ners in onyw~se emr~sted by a Cowt to a keceiver, a~~d
~,,,f sh~~: he r-..de o, s~.:h Cc:ri as .y.~,d ~ .••~_r oi ;hsc vtr rigM to said-MORTGAGEE. and w~ehcut ieie~ence ro the
~_.cy er ~~,ad~•q~-:~ 01 se.,.• va:~~• o~ tk:r ~.r~:..n~ ,.r.t:..:c,c: o, t_ •T =y c' ~.:o.~anc~r oi sa~d A•,ORIGAGOR er the d~~~e•~da~~s. and that s~ch
c,te:~ts- ..~u+r.r, ~swes a:~d reven,•es si.~i:+~e a~.;...,;d s~:!'~l~cc_~.er !o the tien or eqo~t~ ~~I sa~d MORiGi.Gf~ and the pratt~te oi suth
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8. To d~iy. prcnq•'y a~xi f~i~Y rer:o~n :i:>c~_•;•, eR~w~•:. c`~c•. cu-:: c. ; v.ltn and ~b~de by eath and every the stipuiat~ons. agreemeMS.
.•es ar~d GGVC'tdf1T5 ~n ee.l rto•n~tiU~/ noii• .,"3 'ns h~•.~~ ys~7 t:i';h.
2;~.at i. •tie e.^^t rtir c..nr•sh.,: ef :i,.. .;~_~t f'~ * s~s os a••: p.:rt t%cr•~of. cccor~-~s vcsted in a perso~ other than the MORTGAGOR. the
. _ :•s s:<o:ss.:,s .ycci ~Si•+j: ."Ji. ~ . . , 'j=.^~ '11 5:1~4 wcc~ss~ or s~ccessor ~n mtc~esr .v~fh refrrence to ~h~s
a'd :he ;i_b! i..r. •_cc~~d s~' ^ . ~ ez•.. _~t :n ..nj :vay viLat~~g or d~xha~g•nq the h\er~g~gors' liabiiity her~
~c
o:-a~ :J:~:~ _u. . ~ s~ ~ h_..,:o. t,, _:.:a c-! no t~:.G•.a,a~ce e~ tne par~ oi the 1J!OR1:~AGEE or its successors
s end no ,•x•e~ ::o~, vi . . . , _ t . : s~-c_:r;d q ._•n b~ ine f~tORTGAG:E or ~~s successws or ass~gns, a::ait operare
•s•_, J.sv..::ge. ~:.~'lfy :4.,~~g~ or .^c! tE,e •f oi ..`;nE'v'AGCR I~eie:n. c~rhe~ in whoie or ~n part.
;p. It =s s,r,ec ~~:r ~g'e•'d T'::+' a' . cs=~''-" ~4 ~~i :s ce~.tr.~ct ..r:~+ ~ha~ no
war:er o( a~y ob!:~at~on hereunder w of the obli9ation se-
h_reb/ sF~a': at an; 1;-;e r:~eea•ter i.r h,~j to L a,.,, O; ._•r'.i f.ece..f or Of the i•atrument secvred herbY-
'l. . ~rJ_;.:.: • - ~ - , _ • . . . . ~d r . . . ~cd a~; R,e pro:;:~sscry ro'c• scc~.?d hc:eby, mortq3~or tovenar.is
_5 to • _ _ _ .cr. ~ r' • ~f . , . +-l~~~o ~ . s~~, ~s• ~ ate<i t~ mc~tgage~ to be equal to 1! 12 of tF.e an ;ual cost o: the fo!low-
, . , ~ , , -s _ _ , ~ d . . _ ,
F~ _ > , . d r. _ . . _ . . . t . . , . . ~v.•..•~.~ts s:~~ate o•i th= abovc d:;-r.bed ~rem~ses.
' - .5 . . . ~1 _ _ . _ . ~ . ~ ;i,.~ro f;t ±o ca+ry on the foan secvred i~e:eby.
. i s _ e e• • , r J F y~'c Fereur.:l: r..,i~ s~~ch s~~: s!+~i! trtcreu;»n 5e due and
.
~ ~t ~ of ng
i • ~ . _ c e.r ~ ~i i. •^.c _ sna!! n:f• mortga~or a cha e ~n such
r.... , . _ . , s. 't9~3e`
I _ S,: s_ e a; t_d c/ cf r_ .:•c: •~jAE•S. 1nS:tld,1C? are•n.~~~s. a~~d mortyage goaranty ~r.su:ar.:e
~I'd ':ii"ii~$ :.ti;S_r~. ~ s~~~i ~i.~JKI~-H~_~'.~f: ' d5 .'O s r.~; h~~.~ .~r:7 s•r~! ihe ~ty and year fir.r a4ote
~ 5 ~ ` _ - - - . _ -
f 5: n, Sea! aad :ie'EvereO in the cresNnc^ oj~ ~ ~
~ - - - ' ~ ~ ` . , (SeaO
Richard J. Si li Jr. ~~aq
. ~
(Seal)
- - - - - - - - - ease SiP ~s~an
~ - - - - - - - .
o~ F~oRi~,a !
St . Lucie ~ u
v dF _ 1
5efore TP perso-a':y aN Riehard .~.__$1 IlA .JI. - end
„~>:~d . - - - ---p-
Elease Siplin ~ h;, wife, to me well known and known to ..-.e fo be
_:.~d..a`s d•:u.~.d ~n and who >*ec~•~•d ~he io-ego.:;3 init:vn~cnT, ard acknoxtedged before me that they executed the same f3r the purposes
; express-_~. L,n3 s.;d_Elease__Si~lin
the z.~~~ _ Richazd J._ Siplin~_ Jz.- - - - upon a separate and private :
,,,o~ by rc ra~en s•r~a:ate a:~d a~:,~7 frr•i h_~ s~d h~s~.,nd, ac~nr,~:iedged ro and befo~e me tnat she execu:ed said insirument freely ar.d volum
.'~r'~ r, rF,ovt a~~y co-••~:~:s~rn, co:stra.~:t, a:•prrhe_n_s.e_ns, or fe;r of or fro~, her sa~d kusband.
..ii'r55 my i~ar,9 ard ~~tf:ai y:.a~ tF.:; ~/~l~- _ d3/ cf---- '~ly A. D. 19 74 '
. . ~
~ - ' , .
~ PJ ry P~b~ic in and for t State of ei'wida-sT•large`
Ccmmission expues: / p
~ ket~rn io: ~
~ ~coe'al Sa.~:35 8 loan Assoc:=.!.on _ -
~ ~~~i ...rt G . , _
For* Pi,.. F, . ~
~ _ f~Lf e~: a=cw~OfD - . ~ .
bt' a~':`. "?.~~R~SL~. ~ _ .
~ c~~~x ~ ' ~~s couat I~'
- This Instrument Prepared By John W. Collins ~
sc(:1`pn r Et
-`-s! Federal Sav~~ gs & L~an Association 7
of Fo-t Pierce~ Flar ida 3 g ao aH
~
av~--------- ,?,.~?5~8~ ~s
Boox229 P~~~ ?28
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_ .^R'~~v C
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