HomeMy WebLinkAbout1506 3. To plact .+nd to~~ti~uwtiy teep on ~1~r b~~'d~:.gs nov.~ or Ht~ra~ti~ s;tv~~e u~ ~o::~ :a~d and cn a!; r.~~~y~,~e~t and paso~a~ly co~arad by ~~~~a ~na~g-
e.ae, wilh eU prem.~a~f tht~ton pJ~d ~n f~il, fite mS..ro:~cc ~n tnt ~a:.+l fu~Sti~rJ Nu :C/ iurro, ~n a 1u n ap~orrd by N~O A1JRilinGEE. a~+d w~:~Js~a~n
~.t. ~ance ~~s usual stand~rd po:.cy form, in a sum approrrd bV i?,e ASORiGAGEE. such company w com;:an~es u the titORIGAGEE may
d rru; and all (ire ar.d Mnndaronn ~nwronte po.~c~es on any ot s ud t~~!u,n8t, •ny ~nce~.:at tik+r~n or part thereof, in the aggreya~r wm atores~~d or
e~crss ~hareoi, sh~ll c~~va~n dw ~sw~ st.+~~d..rd n.or~g~gee cs.,se o~ w:h o~i:er u~.+se as ~h+ 6lcrtga~ee msy reyu.re, maling u~a ~oss w~Jrr s...d po~i-
:~•s. cxh and rrrry. oa~a' ,r to s.~~d .~tvRiGAGfE as .~s ~n~~~r~-st r.:sy appea~, r~d ::h ..:~d e~cry su<h po shail ue p~oR,~uy •ss g~:.:d a~,d de;~v~•rrd ~o
hr~d by sa~d l~tORf:,AGiE as fw~nrr sacuray ro sa~d ~r~:r~..yr d.•bl. .ir.d, not lrss ~f~an ~en ~IO; da~s ad.~~~ce of ihe e¦p~fa+~on o~ cach poi,cy. ~o da-
to se~d S10R~G~GEf a~e~:rwal thr~cof, toge:hr~ with a r<<c.pt (o~ thr pram~~.,•n of su<h rene+.a~: and tnrre sha~l be no Kre or w~~~dsto~~~ +ns~ranca
~:~,c~d on any el sa•d b~~~d~~ga, a~~y in~rres~ ~here~n w pari ti+~~eot, un'ess ~n rt.r tcrn. and w:th ii~r ~ess paya~!r as a{oresa~d; srd ~n the eve+i~ any s~m ~
,::~ry becanes payabie under xch ~dcY a Poi.uas s.i.J tAJRTGAGEE a?~a~l h.~ve ihe op~.on to rrcr,~r snd appiy tha same o+~ •ccou,~t o' ~Ae u~drbtrJ-
•~ss s~~currd hrrrby or to pr~mJ sa:d IAURiGAGORS lo lCtci~e and us! it W 3ny ~.~1 •r •:-.iof ta~ C:n~.• ~.or~.osrs. v..ur~vt !h_•. u. ~r rr:w~r•
,~,y eq~;fy, I;eo or riyht undrr or b~ vir~us ol ~h~~ mo:tgagr: ard in ~hc eve~:r sa•d `.',OBTG~vOR$ shail Ior any rea~on fail lo kcrp ~t~e sa~d pren~~s.~s so
•~d. a I~~i :o dt~ ivr~ pranptly any of sa~d pol,c«rs of ~::sw~~xe ro si:d t.50R/'vA^.EE. or fa~l p:omptty to pa~ f~::y any prrm~u,n th~~ofor o~ i~ a~y
,ct faii to peifam, d:uhargc, eaec~re, ellru, co:npirtr, co:rpty wifh and ab•de b~ t~~:s cvvrne•~~, or any pa~t hrreoi, so~d A~ORi~AG~E may p:acr a•~d
ie~ suth insutance or any part ihareof witho~t vvsiv~ng or afi<•cting any r.},~nun. Gcn, rqu.t~, or righ~ u~+der o~ by vutue of Ihis h~o~rgage, and thE
• ~~~.o.,nt of rach and e.er~r wch patment shaS! be ~~~l~rnd~ately d.,e a^d Evy~b!a anJ sti~i~ brar ~nterest ~rom the date Ihereof until p;,~d at the rate of
..rn~um per a~in.,+n ~•id t.;~_ti.e~ ~ni'h su:h ~nt~rest sh;~: src~:.~d o. the ::en ol th~s mortgaye.
To penni~. cwn,iit ur iuiier na wastr. in~Ha:n:,rnt o~ det~•r.ora;~o~ of s~~d p~operty or anY part the~eof.
S. To p+y ail atx! si~g~~ar ~he ccsts, chargrs and eaue~tsrs, :n:~ud.r~g a rre;a»b;e ~~torney's (ee an3 costs oi a5strac~s o( title, i~curred o~ paid at
e by aa~d h~UR1GAG:E. brco~sa w:~ rhe eva~:r of the la•iu:e o~~ ~he p~•~ ol ~hc so:d h~JR~GAGUR to d.,ly, pro~npdy antl fu~~y per~orm, d~scherge.
effev, cwnp:rre, compiy w~th and ab Jr Gy e.acfi and c-.ery ~he snp.,:ar.ons, a3re.:.ne~~rs, cond:t~o.~s, and covenams o~ sa.d p~an~ssory note and ~h;~
•.3.~: any or enlirr, a•~d srd custs, charges a~ d cxFensrs, each anJ ev~ry, sh,~; Le ~.r..••e:d~atafy due and payab:e; whe~he~ u not thrre be no:~ce d-
, ane•~~pt to co:icct o~ fuit pr~Kl~r.g; er.d tiK full a~~~u~:~t o± each ar.d e~'~-~y sucn p.~yn.ent shdli baar in:c:rat from the date thereof un~il pa~d al the
..,~~~,e prr tcnt~m pc: ou~w:e; e•~:: .,r saiJ wsq, ce:a:~rs 3•:d .~c~ s~s :wvr~w or H..~J. ~ug~rher :vdh such interest. ahall be setvred by the Gen of thif
, •r_~age.
6. That (a? in thr event of any 6seach of tt~s h'k.atgagt or drTaol~ on th._ ,.a~t ot e~e MORTGAGOR, o. ;b) in th~ event any of sa;d sums of mor_y
~.,•[n ref~~rrrd ru oe ~ot pr~u,~f,rty and lu3y pald th:.ty ;3,i; dsts ~~r,t a:o~r nc~ a~~~:e SBVerdL'y OON~nr dx and payable, wi~Fw~t demand o~ no~~u.
~ m rhe e+rnt each ar.d every the sr.;.u:a:~c:~s, ayreemen~s. cor.~i:~;o~s a~~d covrna~~n o! sad pro~msscry note and th~s mortgage any w e~~her are nol
: ro•+~pr:~ and 1~uy pertorrr:rd. d.a.'~~')^d, eae:vt_d, ctiected con;,'c'cd co~~~p: ~d .:~'h a~.d ac•drd `,y, then m eaher or eny such evem ~he sa~d ag
~ sum ~~:entrun~~d in 13ifI F'f0~~~~550f~ n„re ti~•;n tcr.au~::~g vn;,a~d, ~v~tb in+r~e.~ ..:ce„ed, and a~1 monc~s secwed hereby, shall ba:come dve and pa/-
•_r~h;v~~h. cr rl~erea4ter, a! the cp~:c^. cf z~~d t.;Jr2iGAGi~, as fv~~y arK.' :o~~;,'~•:c:v as +i a:i of th..• sa~d s~ms of money we~e ong~nally st~pu:ated
'c c~.~.d on wth d~/. an~.l~:ng in ea ~i rrt~~i.ssvry noTe or ~n thil 1.'.~rtgagr to Iiie tor.trery r.us v~rhst;,nduig; ar.d IhcreupOn M theteaftcr il the Opt.pn Of
. :'.~RiGAGfE, w~'`~~~t not~cr or uc:a•J. s~~t at iavv or in equ.ty. ih~•eiere o~ tt«rcahe~ oegvn, may be prosecuted as if all moneys secu~ed hrrcby
.e -,atvrrd p:.Ct t0 .ts ~~shtur.on.
7. i1:ar ln ci•~ e.~rt rhar at fh- :~~g eF or at sny ~:r r~~~~•: y~~•Y ~u~r upon rh~s 11•c•iy3ge, or ro fo~etlose it, or to reform it, or to enforce
ot any c•+•: s h-~~r~,••de•, sa~d :..vRT~:.G_= s~:a.i ..N'v to f~~. _~:rr h,: . .>c;::on :h_r~of for the appomtmrnl of a Recerver, such Court ihafl
~;;i:c,nr a r,:..~•-_r o~ s.:~d = .~t~ ~~d e: •y.~~a~ :_d :g a~,a s~~,;~:a* ~he ~••come. profas. iswes aod ?even~es from whjtever
~~•n:ed. rach enri ~~ery ..f wr..•. Lti~u•3 ii;•:ssp •.~d<~s~_~a.1.s mc-t~agrd ai af sFeufKalty set fo~th and deunb~elln the granAng and
::.m Na~ses herrof, .ir.d su.h Rr.t~.~~• si:a;: ha.r a:~~._ br .<d a~•o ~•f}c<' f.,rcr o~n a.~d po:ven in anyw~se eNr~ated by a Court to a Recc~ver, ar.d
j; ~w~n:ment sh_~~t t:~ m.rclz Cy wch tw~i as an ~,~..•ei:s~-d ~q~ :r a~'~~ a~: ~'•c~ of a~i.wre r:ght to said NORTGAGEE, and withoul reference ?o ?he
cy or i::3deqsac/ of ih~ Y3iuE of ~he nroperty r-.c•tg~grd or e~ 'i~., sr: ...~yo u• .rncy of sa~d 'dOR(GAGOR or ihe defendants. a~d thet suth
~,rof:rs, inu ^e, issces and :evr::urs sn~~1 be a~.p+.eo ay SVi~~ Ql'Q'~LCt a_.or~ ro '~i~e iien w rquity of sa~d ~AORiGAGEE and the pract~ce of such
' 9. Te dv'~, ~'arpt'y dnCl fU~~y F1l~~O'~~. ~~SCn3~~C, ex~c~•e, ef`ect, co^,pirt_~, c•~.~_!~ a;th and abide by eath and every the slipulations, agrcemeMS,
i• ~ns a+.d co+<•,~a~~Ti n sa~d pro.~:nicry nc!e a~•:d fns m~rg~3> s<~ fc.th.
9. T!~ar i++ ehr evc^t :he o+~r.FnhEp cf th-~ n.or'ya~=d p~en•~ses, o~ a.,1 pa~t ti,.;:._~f, becames ve:ted in a perwn otFr~r than the MORTGAGJR, the
. -..:•:c. ;~s s~cc:~s>o•s ~^d jss,3rs, ~^a~, ..rP:oct ~..:•.ce eo c`~_ :',^,RTG d.~• w t~~ _:.ch successw or s~ccessor in interts~ .v~~h refe*e~ce to this
~r a~ d r:+~ d•b+ !:_.:c•~.y s<<a:ed i~: she sa•~e r.~e+•^c: a3 .ti~'h` :'~~'(p.,Go• r.:tr.~ut .n ;n~ way va.ating or d~xharg~ng the Nlorfgagors' liabitity herr
cr vton ii:e d-ri,t h_~:c::J st~ur_J sa e of ti.e F-c, s~~s b_:eb, •~•..:tg.+g~d a~ d no '.o+~earance on ~he par~ of !he h10RTGAGEE or its wccessoq
,•-s ar•d •.o exTers:ori o! :he f+~n.~ i.. Tr.~~ ~_y:,•er,! t~:e de•br ho~•~b, s~•c~~~-c' a:rn by tne .10RTGAGEE or ~ts svccessws w ass:gns, al:alt operate
:se. d.sct:crge. ~^aci:t~ ;^a~3.~ e. .'`r.t tae o••,~.~-a+ ....o:.ty oi r~e NGR1vA1,UR l.ere~n, either in whole or in part_
Ir is s:•.cj~c~;~y °g'~-•d ~s ef a~,., esse,,e of i}~~s co-~t~acr a::d +::~t r.o wa~ver oI any ob~~gat~on hereunder or of the ob~igat'an sr
_ :i t~_rrbi s~.ei. • ony ti-e +F.creat:e~ t>e t~ br a r.a:.er ~h._ •<,:a h•~~_c! or of !~~e insir~:nent secured herby-
! 1_ I~: ~ ~ i~••.y: _ • . ~•s • d ~ • • :he ~J•Grt S50f~ na•e sctured hcreb~, mo:tgaao~ covenants
• . :es ro ray?tJ.~ .v ~Ja•..•,. vy.•h~ _ . _ , , , . ~n ~ . _ ,r•.~~ 4:; .~,c•ryagee to be eGuai to 1.' 12 of thr ann;;al cest of the folio~r-
A-A:f reaf Fro~."•.i ta.rs '.~:~r_: or asarss_a s' tHc ,:i or:- desc,;:,ed r_al es::.~.r_
R: _ - s i.r. ~ r..':~s•_~,•: .,:s:,• . , . r-.~ . ~ . ~ c ~%~r .~•,,:•ev^•nc.~ts s::u~.e on ~h~ abave d_scr;be,d prem~ses.
--Pr~ ••s o.~ su:h ~.•t.~:;e ~~e•.. tv r~•~ as :~.r.r:~a_:•_e sha:: ro ..:::c ~o t~m~ deem fit to c%.rry on the loan sec~red her~by.
~ ~ , , n~,. ,,-;c •,g o~ f~- e n a.-: ar.d p.~yao~e he+eund:r and such sv~r+ shai!_ therevpon be due and
I ~_,u~ ~ . it ~3 e:`~ s._:u:~:
~ -t•.• ur.n: merfaagee sha!S r,ot:fy ~no:tgagor of a change in s~ch
5.._h s~. s.,.~ ...e •<<.~C/ 'n;,rfg+_ _.c... c! :-a~•i,rnr oi rtj (:.c:,~.., taces. ~ns~ia~ce ~.`f@tf1.VT5. d:l(~ mottgage guaranty ~nsurance
~ , i': .;tTid:oS 7:N:R~ ~l i• ad '~:./0'2'Gi.G.;R has h•,re..~ro sa• i,.s F~a~:d and s~~: sF.e day arsd year ~rst aforesai
~ ned. $aa~ed ellv iq~ pr ence a': - ~ ~
y _ s~a~~
- - - ~ F nk DeMa ~seaq
• ,=T~- - - ~ rseaq
li~t~
~
J Martha DeMaio
_ (Seal)
- ~ ~R~01( J is`~P ; ~
L ~ u.
."'f OF - _ _ ~S~ ~
R1dflk DeMafo and
be'ore me F°reo.^.>I;y ap~a.ed - - - - -
Maztha DeMa,~o - Fis w~fe, to me well known and known to me to be
• .i:++dua:s descr.brd in and whc exewred the foregoing instrument, a~d acknowtedged before me that thry executed the same for the purposes
rn eapressed. Pnd the said-------- ~ltha ~Pb/Ai[f - c t_'•~'r.
. c'. the satd _ - F~-D~-~fSL_- oPo~ a sepatat~ PrSv~h= , ;
• a~~on by me taken separate ard apa~t from ;:er sa[d husband, atkna•~iedged to and beforc ~ne that s exetvted said instrurt~R:~tiely~apd vQl~~-
~,d .vtfF,ovt any compu:rcn, :o~s!ra~rt, a,:;:zher.s:on, oyr ~ of w h~m hrr sad husband. ;
i11TP1~55 my hand and off:c~a1 seai th;s .--~1_-.-- day of_____ ~C~ ~ A: b 19~_ , " ~
3
.a
~ ~Jotary P~61ic n f
My Comm~ss~ lxpies: ;IOI~-~N~L.'CC~.~.~~`j.
Y Rer~rn To: N~~ pp~~
~ ' i'V~ ~~~~.f•~J-[w~-4
~ s. Fede~a~ Sa.~r:gs 3 Lo3n Assoc~at:on n(~[~~ / _ :
$iZ ay Co~qflqjssion ~~pii4¢'
- Cf For! r' _~•c: / r~ p7~ ~
~ Forf Pi.~rc~. Ft_~~d, - :f~y ~~~~Yiu
~y[
f~~E~ ~E L'OJN~I! f~A• ~l.
ihis Instrument Prepared By .T. H. RObertS JIC.s~ ~UG' ~ g`.~.~~~~
RGG:- t~ COJRt
F~rst Federal Savings 8 Loan Association ~L~~:t, Li v~
of Fort Pierce, FlOrida 33450 R.~rg~ •-F -
`~~~k~ Byx~-- ,lu~ 10 9 32 a~'7a
6~oK229 Pa~E1505
~
.
_ __A
- _ _ - ~ x~,;
'~~`~~E ~ s-.~y~ _ - -
~ ~F _ -
~
` _ . • ~ e ,
- ~ _ _ d ~ - _