HomeMy WebLinkAbout2149 J. To p:ace end cont:~vously lcep on tM (w~ d,~.g~ ~:o+r w In:raaf~c~ ~;twta on w~d la~xl and on ali eq~:wne~t and personaliy coverc~l bY Ihis matg~ i
r~e, w~ih •II are~iwms thrroa? pa:d ~n Iu11, f.re ~~e~.~ncr m the us..~~ sva~~.l~~J ~:o~~c~ form, ~e a s:,~n ap~uoved by the MUk~G:~GEE, •~:i v?~~~ds~o~~n ~
~ns~.s:~c~ in tAe uwel ~u~~dard po:,q to~m. in ~~o~n aHpro~rd by U:e V~ORiGAGEE. in such company o~ con+pao:es as the MORIGACsEE may r^
d~rcct; a~~d ~II Gre and w~ndsror•-: .~uu-a~~e poi~c~rs a~ any ol sa~d bui:d.~~ys. ~~~y interast therein or parl thercof, in the zyg.cgare scm aior~said w
in excess U+r~eol. s!a!1 tunuin the ~~wl st~ndard mo~ega9td vausa o• wch o~he~ uwse as the AM1ortgagas may ~eq~~r~, ma?inp ~he loss u~~de~ s~~d po~4 : r
<~as, esch and rvrry. p,~„L:e ro sa~d AtJRIGAGEE as .~s in~nr.s~ ~~.a~ appcd~. •~w ~~~ch ind every such po!~cy shall kx prompt~y•as:g~~c~ a~~d druvcred to
eny held by sa~d AtORIGAGEE as lu~~har s:cur~ty ~o w~d n.o:~gege d..b~. .?~:d. na~ :ess ~~an trn (10) da~s in ad+sn:e of the exp~re~~w+ 01 each po~ky, to dr
t:~e~ to said MORTG~3LE • rcaxwel tF~cttof, toye~ha ru,rh a rr.r+Pt for thr p~weuum of svch ••newai; and tl~re shall Ix no f:re or windsro~m insuraot~
ptaced on any oi s~•d bu~~d~nga, any intrrest ihrran w part ii~eno}, un:rss ~n tF~e toir~ and .vith~lAe loss payao:e as afc~esa~d; and in the event any tum -
of money bxomes pa~s5~e ~nde. such po~icY a PoGc~s se;d NIOR(GAGEE ah.~i1 ha.e ~1K op~.on ~o recr~ve and appty the aan.e a? accoun~ o( tha indabted-
nrss srcvred htr~by o~ eo perm1~ sa:d MORiG4GOR5 io rrcr~~e snd ~se it or a~~y :~a,~ ~~~r.rof to. a:i~~•r pu,;,osrs. v,nn:.,;t ~h~•.:~: ..a.~••,) ~r ~~,,,-~a~r-
ing any eqwty, l;rn or ri9ht undrr or by vit~ve o+ ~Ais n,c:~yagr; and ~n ~he evane sad MORiGAGORS sha~l fw any reason fail to keep ~he sa~d p+emiscs so
nsur d. or fail to deliver p~.xnptly +ny of s~id po~:ues oi ~~~sur,rKe to sa~d A1C~R7vAGEE, or fail p+o~.~ydy to pay fuily any pre~nwm therefw w in a~y
r.~r, ~~ct fail to pe~fonn, dscharge, exewre. e~fect, ca:.p?~~e. cr~:piy w:~h +nd ab~de b~ ~h:s covrnri4 0~ anY part hereof, sa~d MORi:,.+GEE may piacr a~d
(w such ins~rance or any parl thereof without vcaiving o~ o+facti~~g a~y op+..u+, ~i~n, eyv+t~, or,r:~ht ~nder or b~ virtue of this Martgagr. and tht ~
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,:~~no~M of each and e.ery such payment ah.~lt be irvncd~.ttel~ due and pay~b'~- and ~hall ~ar ~nterast from the data ~hereof unt~i pa~d at the rate of s
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a prr crrv~:~i p.:r annu~n a~id IU3CIP~tf •a~ih s~:h in+~rc•1 sha1~ ~r. sc;~r•d ty the ~ an of th~s morlgega. ~
1. 'o permi~, com:~,~t o~ su(fer no was~s. ~n:pe~n,~rnt or dctr~~ora!:cn of ad:d prcperry w any part tFwrcwf. t
5. To psy ~tl and s~~q~lar the cous, thargti a:,d exE~ensrs, ~nclud.n9 a reasonaUle a~romey i iee and costs of abstracts of title, incurred or paid af
t~ • e by s~~d h10RIGAG~E, be<avse o~ in the evrro oF ~t~e (e~:ure on ~ne pan o~ ~~e so~d A~ORiGAGOR to duly, prarptlY and FuUy perform, d~uharge. ~
~:.,~a, ef(rc~. co~nplete, comply w~th a~d ab.de by each and eve~y thr snpu~a~:e~s, ay~cemen~s, co~ditio~u, and covenan?s of sa~d pron:issory note and ~his i
:•.~age any w e~~he~, and i~d costt, charges erxf axprnses, eact~ arxl avery, sh~+~ kk im:nrdiately c!~e and payab:e; whether a not there be notice da
attempl ro co:tect u s~i? penJ:n9; and ~t~a fu~l a~no~ro of e.•~h and eve.y svch pavme^~ sha1~ bea~ mtertst t~om the date thereof umil pa~d H+e
r.ne per <<n:~~n E.r au~~~:n; a~,d sa~d wars, t1a~3~s a"d ~x,.~~<<s_s ~~R~~~r~ o+ pa~d. toge~hrr wdh such imerost, shall be secured by tFro 6eo of thia
_ o:Tga9e.
6. That in ttir eveM af a~y bre.xh of this Sto~~gage or d•_fa~~I! on the psrt ef the h10RTGAGOR, o~ (b) in the eveM any of sa:d sums of rnoney
r.-re~n referred ~o be nor pron,~aly and fuily pa~d c:~T6~r, tf~.r~y ~3J! d~is ne,~t ai~•_r ~he san.e srvera'~y becc+.ir due and payable. withoW demand or notice.
~,c? in the ewem cach and every ti+e sr.Ew:~!~o•~s, a3:er.nenn. cond~tions and covenann of sa.d p+em~s:ory note a.-.d th~s mon9age any o~ either are no1
{.ron:pt:y and lutty perfenccd, d.a:~~arged eaecu'~'d, eliec~~d. m•:p:e:eo, co•~-p~.ed v:~:h and au~ded 5y, then in e~thet or any suth event the sa~d sg
~~-i~•e sum menr[oned ~n sa~d prom~ssory ne,te tf~•~n re:::a~~+~~9 Ln:2~d, vv.rh ~ntrrr,: ~:cr.,~, and at~ moneys secured hereby, shall beco~:e due •~d pay-
~ iorthwieh, ar ~h~rref+.:r, at the op~:o~: c• s..~d .1iv2TGAGfi, ss !u'y a•K1 co~ p:e+~•!y es :f aN of tlK said s~ms oi money were or~g~naUy supu:ated
r;a:d a: svch dc/. anyfhirg ~n sa.d pro:r.aso~y ~~:.Tr cr ~n th~s .•.'.unqa7•_ ro r.~-~ co~~:rery no~:v~thstanding; and thereupon o~ Ihereatter at the op~~on of
M.ORTGAGfE, wahcvt ~oncr o~ de+i acd, w:t at ~aw w in eq,:,ty, ~h_•~aforr or t!:er~3~ter begun, may be prostcuted as if all moneys secured hereby
, . ::~atured pr~or tc .ts r~st~tut~on.
7, Thnr ~n ihr evecr ~har af ftic !:e ~~nn:r.g cf er at any c~~nc ~ e~ :i:~ g.:~y w• L;.on rl:ts Morrgage, w to foreclose it, a to refo~m i/, or to enforce
• c:,t of any a::~s ~:e•ev~..'.•~~. s~~d :'•JRTi,%~~=_ =nat: :o t^~~ Co;,n h~v::~_ ;.;::,d.c+.on thereof ~or the aopointment of a Receiver, such Court shall
~~..:•h a~:; r~t a~, cr~. er ot s: ~d ry .~_d •t; e!~ a~u~ s,.:_~~.ar, :r.c .~_i •:y J:.~~y~:ar the irtcome. prot~ts. issues and revenuea from whatever
. c!~•• :eJ. e.;r, r~.,; •..:y of ..t. :..e u~.~:g... ,•rss >~•~o~~s;_c:i. ,s h.e•_: r r,,::~ j.ged as if sFr_~c~+~cally sN forth and destribed in the yrannng snd
cm.ca~~ses h~~r.o!. a+~d s~th Rcc-s~:cr sh~~: he.`.. ~ F~fie br,;ad a:~d c.•ec~ .r t~.:~c• ~~`s :~nd poweri in anyw~se entrusted by a Cou•t f0 a Reteiver, anc~
n ~;pointc•c•~~ ah~i: b.~ matle ty wch t.o~~t as ec aci~~~;t_-cJ e~ivi:y aecl a~ra'f~'+ a~~~:..te r~yM to said M.ORTGAGEE, and without reterente to tFK
. _:;y er ir,a•~.~:;~ac~ of tF.~ v~:ue e~ ri:e p~c;:rrry men~„ged e: so•._~~c. o~••.o•:ency oi sa~d MOR(GAGOR or the defencJants, and ~hat such
•5 ~~rof:ts, ~nco:nr, :ssues arxi revc~:ues shai~ oe ap,.~~rd by such R~cc~+er ~_cor;:.•;y to the tlen w equ~ly of sa~d MORiGAGEE and the Fractke oi such
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3. ie du:y, premFt:y a.+d fv:}y pe:f-rm, d~scharge, e~>_cv~e, ei(eci, como~ete. Cc~~N+y v.tth and ab~de by rsch and every the st~pulations, sg~eements,'
:i' ~ns a~~d c.+ei~jnfi m sa~d .~romissory no:e orN! tnis ~^e~tgage se+ `orth.
q'F.a~ *he e~e~t the ownenh~p of rh-- mc•cgd(jCC~ PIl~~~SCS. O' J~1y wrt thc~eof, becomes vested in a pe~son other than tF.e MORTGAGOR, tM
..`_•~"v:~. ~•s a:,ccuson aed ass~~ns. :r.ay, v..shoo~ ncT.cc to et:e :.t~AiC,rJ:t, dea. w~ih such successor d svcceaso. in interest w~'h reiere~u to this
. a.,;i ~^e dc:+ nr~•=b se:~•~d in tie sanze :~~..~'~:cr as .•..'h !.:_:•ja9c, w~~novt ir. any way vit:ating w d~schary~ng the lAartgagors' liability herr
. ~ , J ~ Y
• ur ~.r. !h~ d=ut ~e~eL~ s•~cured Dlo sa e of in~ F~~ mnes +~rrrb, m~.~ogrgrd ard no fwbearance on the part of the 1AORiGAGEE or its suctesso~s
-;~s ~:d ro e.'c^s.or. c' rhe }ar tt:~~ c~ay.r.e~~• ~f r:.: ~_•o• i~-c. s~:r.cd g~ven by tne IAORiGAGEE or its successors o~ ais~gns, a:~all operate
. d.st!~arqc. rr~dii~ t^ac~~c cr a:'e.t ti.~ or:~:r.~t ~~......!y of ,h• Nr'kT'vAGOk 't:e~rin, l:ther in whole or in patt.
S0. !t is spec f.:~,ty ~g~~ed fhar r~~~r is of the e;ier.co u' ch[s co~~+~au a~d that no waiver of any obGgation hereunder or of the obiigaian se-
n_*rcy a!:a.! at am/ tiT? ~hcreajter be i+t~:d to a~..~~+~- of !..a ~enns rercoF w oi the instrumeM secured herby-
~-~-f t o•~„ f~•~a z,~. : vf } 3 d;•~• v•..~~tred t~ rhe prom~sscry nore sc:ured hereb~. mortgagor eoveoants
, ..~.s'. __r t., .,;.:~g.~,~:~ h..a.~ ~ro. .,;.a~~•~•m dn a.. .~~.~~a~ s:•-~ es• ~:ar.-d t~ ~no:Tg39ee to be equa~ to 1; 12 oi tlze ann~al cost of the-{ollow-
n' r..~. fr.:~,_•t~ . :s : : c. .:cY.si s• r~., rs:~[~ -
, : • . s . a i c._ . . . . _ _ ~ ta 6. . I!1!• ~.!OVBT°:IYS s:tvaTe on th= above descr~bed prem~ses.
' p s c. r :ra ri r,, ~ ~.•d,.-,., 5•,"~ .•o v,~ne d<_r~n f~t to car~y on the toan secured he~eby.
..0 3 , S. t., ~ , ~ . ,-y ~j dr,ti (:3~/3h:C hereundrr and such s~m shali ihereupon be due arx! ±
4 u~ tn~ c v'r tr. ,_`r s~_ ss . ..'.•n r ~ a*•^• u,.~~ n,~• tgagee sF.a!t noufy mort g; gor of a cnan ge in wch i
i S;:ch sv:`s i~~a i ie ;py•:,<<7 r?~•-9,._; .-~:..+.`3 t':e ;.i~:r.4nf ot ~r_s r~c:,e+ty taxes, insurance prem.~sms, aad mortgage g~aranty insurance
I ~ ..-s. ~
;t `:l1T"+ESS :.!-~cic:0~. t~•= sa,d ~a,"vR:GAt~:~R has :^.e:r_~ !o se' h:s ha~ d ac+d sea~ ehe day ared ye first aforesaid_
S~ rg~d, Sealed a::d de'i,ered in the cres~r.ca e'_ L` F1
Seaq
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Of FL~RIDA t .
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Before me persona•P~ an~ared _-..~Of1L1 w .~d ~ ~
~ _~~~~--------------~---~-}wsw~ife, to me well known and known fo me to be
• ~d~v:duals descr~bc~d in ar,j who exe ad sh: ~regomg ~n;trumero, and acknon:edg~d before me that th-y executed the==me tot the purposes
•_n expressed. RlrQTh~Z3f~--_
..,~,-of~12~fiQ____ ___r_-___~~_~__ ___~___~_~_________.._~vpo~r~sepsr+sR.~a~dprMre
~aa.~r?.bq.rwe•t+~u~w.~e. ~ epert ~re•n ~~er-ye~d fiosba~ ~clncriult~dged ~3?~ ~~tE fn! 1NarSf1lr E~fKut~d 3a7N'iRsTFQr'ibRf~fTe~t~ E~~ratGJF
..+~~end~..*ev?sr.~-ce.q.rE , ctmr.rs~m-apprg R,-er1~+3/Qf"d?'TfSdt 3SidRuTb3~Rf."
::Iih:E55 my ~and and off~c~al se~~ th~s d'Y °f- A 0. 19~
. ~
~ Notary Public in er+d for the State Florida asge
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h1y tomm~ssion expires:
2etJrn To: 2'
- sr Fcderal Sav~ngs 3 loan Aswciat:~n
Gf :o•r ~ _:c:r , _ ~
~.t P,~~:r. Fi~F,~ ?~~cu~o~
ST.L'JC': zRbS` ti' ~J~ `~~,G;-..
h0:,.. COL'RT . ~
This Instrument Prepared By J• ~orb~~' Q',F~ C J~c; ..A~O j: ~
First Federal Savings & loan Association ~1 23 A~~~1~ ;;~~`'o..~
of Fort Pierce , ~lOrida ~ A(t~~ '
.•~p~'•~ _ ~~'r, -
~~,ecked B 931 ~ ;
286 _ ,
U R 9 PAGE~~49
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