HomeMy WebLinkAbout2155 To ptap and continvously kary on tl~e b~~ :1,~ gs ~~ow or hereetrar ~~t~e~a on so~d la~x! a~xi W~ aU c9ui~Hnent and prrfonally covered by ~h~s marig-
egr. •.v~th ~II prem~ums N~ereon pa.d ~n ivIS, t~fe ~~~s~r•nca ;n ~hr ~s~ the°rMJRK•.1GEE f
nmtuch +company~o~c compsn,yMORt ~G MOR GAGfE ~•~n+Y
,~s.,renc• in ~hs usWl i~arida~d pol~Cy fo~r.i, io J wm ap{rovrd by ~
d•ru; a~xl all lirc ~nd w.nd~wrm :naur~nte po~~c~es on any of s,~d bv~:d.,~ys. any inte~e~r thc~e~n o~ part thereoi. i^m;M +991~e91o ssunckr~sa.d po« , ;
~ r~crss Ihtrepl, st.all cw++ein ~i,a us~~l a+o,:d..~J rnorig.~re c~ause o~ se,ch ahrr c:.,u~e at tM Alatga3te may ~equ,re. ~9
~s cach a~d every, pa~~b r to a~~d ~\\CJRiGAGIE as ~ts u~tcn~st n~ay a~~war, .:,ci c.,~h c~~~ e~e~y wch yo:~c/ shall tw pranpUy ass gned snd de~~~rrrd ~O ~
hr!J by se~d h10RiGAGEE as F~r~h~r src~~~tr ro sa~J nwrtg.+gr d<br. a.~d. no~ !~-as ~t~en trn i.~3 de;i in ad..+:~<e of ~he e~puat,on ot each po~•cy. to da- ~ {
.er to said 1i10RTGAGEE a rcnewol th~rrroi, to~e~her arth a rec+~p~ id tAt p:a~T.:•.~~ of wth rt~~ewsl; a~~d ~here sha:: Ix no fite o~ wi~~dsto~m ins~rarK• j
~,'.,crd on any oi sa~d bu~id.~gs. any i~terest Iharem a parl tik~cof. ~n:rst ir. tl.r 9c,:~., e•,d w~th tix ;ois p~ysU~e as afC~esaid: and in IF~e e.r~N any s~T ~
~r ,.,oney bcca~rs P~Y~51e ~ndN svch po~icY o* Po!:urs sa~d IJIORf:iAisEE aha~l have ihu oNt.on ~o rece~ve and ~pp!y Iht same a+ accoum o( the indab?rd~ 1
~~~_SS s~~eurrd hr~by 01 I•J ~ffne~f fiN~ I~UQT~iti~i~QS f0 (a~Cv~'.t A~~(~ U1! ~T W o~~~Y ~',~~1 If~•~:a'O~ fGf 0:~~,~t ~;~~:~Ote!3. ~N.tfWJt t~1~raU~ .v3~+.~~~ J( ~~~~Po~~• ~ :
~,,,y ~qu;~y, ~,en or r~gh~ unde~ or by virtue of ih~s ~nw~yage; and ~n ~Ae o+en~ ~a.d h~O~~GAGORS sF.~U Eo. any reaao~ fail to keep ~ho sa~d p+em,sas so !
d. w feil to d~:~ver wanNlly eny of sa~d pol.ues uf ~~~sure~xe to ae~d MORTGAGL£. or peomptty ro pay fully any pre=m~~n thceetor w i~ e~y _
_:f ieil to perfo.m, d~sihar~e, earc~te, etfr:t. cw•~p:c~r. co•,:NIy wiih a:~d ab.da by ilrs cove~~.+•d. o~ any p.,~t hareof, sn~d MORTi,AGEE may pf~ce ••~c ^
: fo• such insur.ance or any parl thereof w~~h,wt weiving w a1~ac~~ng any oNf.an, :~en, equ~ty. or n3M unde~ w br wrtur of this Mor~ga~e, and the , r
_ no~nl o~ edCh a~~d e.ry auch payr.i~nt thal! be n+~m~di..te!y d..e o:~d ~a%.+b'r e~~d ahaif bc•dr iniertal {rom Ihu datd thtr¢Of ua~il p~~d at the rot! OI •
,,.:ctii~~m pcr annu~n .u,d ro~r~F.~-r r~fh wch ~~~r.~-s~ sti~.::. ~K- s~c.:r by tix : en uf th s•••or!gagc.
4. fo pern,it, corn~:ut w su(frr no waslr. imfiain~~ant o~ deteuoror,c.~ of aa..! F.'o~,rrty or any pari Ihereol.
S. To pay alt and s~~g~~s. ~he ccits, tharqes a~~d ex~x~:srs. ~~c~~d~~g ~ reaso~~abte attorney's fce and cosrs of sbstracts of title, incurred w paid at
by sa.d A'•GR1GA~•` ~ece~se or ~n ~?~e erem o~ ~i~e ie .~rr o~i in~ F.:r~ of ~ha ss:d MORTGAGOR to duly, promptlY artd fu~~y pe~fo~m, d~icharqe.
,.;r-,. eiirc~. tw~~p:r~e. co:~,ply w~th and aL.de 6y each and evrry ~hr snp~tai~Jili. d9r~_~:.<~~!S. cond;tions. and covenan~s of sa~d Nran~isory note a~~d thi~
.r.~,yc any w e~~her, a,:d sad c~s+s. chsrges a~~d e~Fensas. each acd every, ahail br ~:,,~.u-d~aiely dve and payabte: whether w not there be nonce da
•,.i atte~r.pt to co:leU q s~it pr~d,~`g; and t1~t fv;: onwunt ui ea:h and eYe.y svch pevment shat~ bear interrst from tA! dare Ihereof until paid at the
nine per canwm ycr an,w.~~; o•~:.' a,,,J :csts. ci~a:~cs a:id ~x;-~•~'s~~ ux~'rru e~ peid, togathtr wdh wch interesl, shall be secu~ed by tAe lien of th~!
~.o~tgage.
6. That ;a) in the evcnt of any b~enth oF +R~s !.1o:rgage w drf~~!t o~ ~t.r p:j~~ of the h`,ORTGAGOR, w b) in tFx event any o( sa~d sums of money
refeueJ ~o be not pro~~ptiy and fvliy pa•d ~•n`~~n ~h.+ty ~.35) d~~rs ~sea~ a?f.~. ~he son~e sr+era'~y beca»e due and payable, withou~ demand w no~~ce•
_!n ~hr r.ent each and every ~he atip.,fa+~ons, d_afCe=m2~`tS. COn(~i:~O~~i a^d cover:rrts o! aa d~xomissory note a~d th~s matgage anY o~ e~ther are ~w1
d y tFwn ;n e~iher o~ an such event ~he sa~d ag
. c.•u~::ptly and I~:ly perfwmeo, c!.a.horg•_d, a.eu,t~d, rii.r~J. co~n~IN.rd can,_~:.~~ v.~ih ard ab~dr Y p+Y-
~ sum mero~oned in ta~ ptOmiisory notr then rrma~n«:~ w~pmJ, wrth ~ro~r~~: aca~rd. and a:I monrY~ secured hereby, shall become dve and
I•c~:hwith, or ~herrafter, at itk oFT~o-~ oj s.,:d ;,t~R1GAGLf, as fu~ly a~.~ ~^-~~~.,:~•i~~y ~s if a!i of ~i.o s.,id wms of money were ag~~a~~y sGp~lated ,
F~..i.d a~ s~ch dny. any~hmg in se.d p«•~,.ssory ~:ote o: ~n :hia (~.or~g~y_ te tF:r :cnr•ary nol,withstandf.ig; and thcreu{wn or thereafsp at the option of
•f .•''1RTGAGFF, w~Thou~ no~:cr or dr~.~e::cl, s~~t a~ 'avi w in cqu~~y, thM~~eio~•• or tIK~.:a:ier begun, may be prosecuted as if all moneys secu~ed hereby
^...i :~•at~ietJ VnOf f0 +TS inStifuhon. .
7. Trat ~n ~he event ~har at i~.e beginn~=:3 nf o~ at any t~me cend~~,g .~~y s-,•r v~wn f~:~s ~'or~~age, w to foreclose it, w to reform it, or to enforce
of uny cu~ms hr~evrder, sn~d /r•iJRivAv_c sha': a~:r~r to t!~~ C^~~r t.,:::,y ;~:~~d c~+oo ~hereoi 1or the appointment of a Rece~ver, such Courf shai)
. r, ~;.;,;nnt a rrcr.~.er of se~d r.•.wtgig.d ~:~cp~•ty e'; ~nd si : j..:.+•, in. „J ._i end s~~~~~lar the mcome. Pro(~ts. iswes and reven~es from whatever
, .i~•r~ved. e~:h ar.d every ot wt:.c`,. ~t c,e~,:g c Yy~,:ss ~.~.d~:~s~~.•~~. .s ~'17n9~d ds ,F spec:ficalty set 4orth and described in the g~anti~y and
. ,-r',•n c~o:es herrof, and such R.ca+~~: shaii h.,.e aii ahr 6-:ad rir<<r~.c fc'-.' -~~s a:d powers in anyw~se emrusted by a Cou~t t~ a Receiver, and
~cintme~u shal~ b~ ~r.ede by s~ch Covre as an ad:n+tt d cG.:+ty ar~d e:; a•v~r ot 'ac~t~'ute r:yht /o sa~d h:ORiGAGEE, ~~d without referente to the
,,:y or inadeq~act of thc va:ur of the prcF:crty :aa~tg.:gcd or t: :i~-~ s..v.• o~ -o:,ency of said !dORiGAGOR o~ the de}endants. and that such
•;::ofits, i~cwne, iuces and revrnues sh~ii be ap;.ued b~ w:}, Rec..•,,rr a..~:~,.~~ ~o i:'r "e" o' e9uity of sa~d MORTGAGEE and the practice of such
J.;. Te J~:+. F~c^'F.t:y and fv!ty per`.u•~,, d;>_harge, e~e~c~r~~, eft_cr. co^p:~~c•. c.:•,p,;r w:th and abide by each and every the st3pulations, ag~cen+ents.
;:s :.nd cove:•an~s an si~d pro;nusary nc:r o:~,d ~n~s ~r~.:r.q~_ae s••r fcrth-
':Fe! i: i!:e e1^^t rne o..~,e•:h:: of ~k•~ ~uv3a~~d p~e^:.ses. cr pa=t ~i~ereof. Eecdnes vested in a person other lhan tfie MORTGAGOR. the
.:.GEE. s..•c~sscrs ,nd ~ss:.;..s. .t::hcur :.~',cr r~..= ::0.'•`C.'.7`. ri'~~: such svccessw or successo~ in ~nterest wi~h reierence to th~s
_ a<.d :i_~f hc~et:.y s.~c~-e^ :n ~t•~ s:.r.~e n:a~ r.er ~s l.~~: ~~:I)JJ;j.IT 'N•li~_UT in any way vihating or d~xharg~ny the /Aortgagors' liability hert
~ er ~~.on :!.r d_Lr t~e:el,~ z_:"•cd s~.•: ui r•~ -:t°s f.,r~n j:CGIt~_ _~C'd and no forlxarance on the part of ~he IAORTGAGEE or its successors
~~:r:~: i:r it:e • a r~~~+ of :~~e ::_t•t : s.,c.~+cu o;;~~~ by the 1`AORTG%+GE~ or ~rs successas or au:gns, a~~all operate
. ~,.s .:r.d no ex~.~~r..:n o! r~E
; re .~se. d,scFw~ge. r^cd~f~ c:,a~.ga or arfett ti,r o•~ ~.t~ o` in•~ A':38IGA~CR here~n, ti+her m whole or in part. _
10. It is aoec~~:cal'ry eg~eed rl~at Nn~e ~z ef the eisence of fh~s co-:tracr and that no waive~ oi any obllgat~on he:evnder w of ihe obligaYan sr
- h.,.py, iha:: at anr ti:n~e thcreafler be r.c~d ro be a wai.cr of !ht terrns he~eof o* of tFK instrument secured herby.
.r .:o thc fe: _go •~ofr~'Y i:~~-c~.~s ot p~ c ~ n! ar~d i~,.r.es• rr :u~.rd by ~F.e Prom~ssory ~wte secured hereby, mortgagor cove~ants
'cs r, .,.'~r'to ^.~•~.~`3^e r.~:h c~cc ..,~it'. ,._.r a~, ~~:i ~ n~,,: :,,•u ..i. .~~•:u by m.or:gagee to be equal to 1; 12 of the a~nual cost oi the follow-
A-A:e rc.sl }.~}r.r!': t~x:3 trv~...a au..<<<..i ~i~'S! t'~~~ n': ~ dc;"'r;. a, p! rst.~t._.
r, pr.... f:•e and w;~~dsforn~ ~cs~.r.~. r~s n•.•.;~ rc ~o ~..•h•, ;~rproveme~ts a,tuate cn the above d>scr~bcd p:emises-
r~,-~~u:~~s o~ stic~ ~:~+:g~ne g:.+~e+:!v ~~s~~•ar cr .:s mo•r.~e~ •r sha,? '~e~ ~^~r rp i:mc deem fir to carry on the toan secured 'nereoy.
o~ty~g>r s~~a ~`=~n !v ~'~'e "='~'f1 R'c•'y°9°r 'n ~+~~t:ng o! ahe a• o.~~~ d:-- and payable hereundx and such suT shall thereupon be due and
. n~ ih.• ;i~.• e.:•e nf i%: ~~:~t ~:o:''c:, c::.r,.,~ =~:~d e.c', s:_=•-s;~•e ~:o~:~~, t1~,:caf:er u::ti! mcrtgagee shall ~otify mor.gagor of a ehang~in such
~ Sv.h sr.-s i be ~pF ~~eci by •e +or. :-ci the {rir'-~ent ot re : p•o;,ert/ taxrs. insvrance prrm.~~ns, a~~d ma?gage g~aranty inwrante
N':tlTt:~SS :.~fR~OF, ::~e said r"'JYIG:~C•,";+i r:es i:^_rr~ .'o st~ n~z h.~ d and s^.,t tha day and year (irst a£or
iC~
i ~ S_
a d and d^_!~vered in !he F~tetitinCo of: a2
" ~l ~ ~ (Seaq
- . . 8
~ --~E . (Seel!
(Seaq
- . ,
- unice Sa2ter es~an
C;F FLORIDA t .
u.
_~.-r oc ------St. Luc_ie---- ~
B^fore me pr•sonal:y appeared j-'=C • ~lt@r - •nc~
EL1J11C@ $81teY h;y rv;fe, to me well known and know~ to me fo be
::~.~dva~s dcscr~~ed and who exec~+ed th~_ foreyo;ng instr~me~~, and.:.acknow~edged before me that they executed the same tor the purposes
gunice Salter
n expressed. Md she sa~d---- -
~o rFe said _ i-"_ C• Salter------ a sepsrate ~nd p~ivate
>•~en by rr.e ~_Ren serarate dn(J :1i:~f~ frcm her sj:d hvsband, aci.na~vleciged to and beio~e me thal sF~e exetuled w:d instrumeM freely and voivrt-
, e: ~ w~hout a~~y co~~p~:sion, to~~stralnt, a~ pr.:h_/~i
s~cn. r(car o4 cr i:orn Fer saiL+ husoand.
:tif?i~ES$ n,y ha+d and o~f~t+31 scal th s. - dey of_ - - A. D. 19~4
N ry Publk in a~+d for State of fbrida at large ,
Commission expires:~~~~~_ / j~ ~
v +
Re'urn ic- ~
~etieral Sa~ic:3s L Loa~ Assc:i„t.on ?
Gf fo.t r~._:ce. ~Q~ ' -
Fort F~.~•ce. Fio~~da ~/C7 ~ _ .
' f IIE~., tE ~OUNtY j, ` • .
gt.l~~ 1RAS • ~ ~ "
This Instrument Prepared ByGary F. Ellwood P~L~? r~' T ~ _
• covR
F~rst Federal Savings 8~ Loan Association CLC'•~• % _
of Fort Pierce , Rlorida . ~fCrc''~ i" -
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<< AN'Za '
C~ecked By J~~ . -
BO~K P4GE2155 ' ~
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