HomeMy WebLinkAbout2944 To ptact and conlinvo~t~y 1.cep e~~e tu~'d~~9i '~ow W hirtaftcr ~i~.,~fe o~ s~;d iand and on all cqui~rnent and periona!ly coverod by fhis matg-
a;~e, wnh ail premiums therron pad in fv:l, t~re miu~anca ~n trk us„ai s~rnd.ud Fo:~c~ fo+m, in e sum approvcd by ihe MORCG~GEE, a~ld w~nds~am
.s~.~~~+ce ~n ti~e ~swl arsnJud po:.<y form, in a wm app~o+ed b~ ~he MORiGAGEE, in such company or cwnpan~es as the ~dOR(GAGEE may
d~rrcr, •nd all fir~ and w:nJsrwm ~~+wance pobcirs a~ eny o( s~~d t~~1d.~~ys, any iNerost tha~ein w pa~t thrreof, in the ag9~o9ate sum afo~es.ud w
~accss thrreof, sheil cun~~w+ ~he usu.l iia~~do~d ma~g~y~'a c~aus~ w such o:hrr c~~uf~ as tM A1a~gagee may rrqu~r~, mak~ng the io~s uodr~ sa~d po~i-
_ as ea<A and ever~. Pay~b!e ~o sa~J ~~1JRTGAG[E as ~ts ~:a,•r.s~ n,ay appa;ar. a:ld rsch ar.d ev.ry svcA po~~cy s1~~tl be promyuy afsqned and da;~v:red ~o
e~,; hetd by sa~d h10RIGAGcE as fu+~her sec~r~ty to i~.d ~~.vrtyeyo d.•bt, a,~u, n~t :rat tl~.fn ~en t~0i days ~n adv~~ue of thr e~p~rat~on ot cach pol~cy, to dr
.<< ro sa~d AIORff,AGEE a ro.r.v.•al thrrrol, ~oge~har w~~h a rccept toi the p+c<nwm of svch re~~.rw~1: ar.d there shatl be no f~re o~ winds~o~m insuranc~ • ;
p!~ced on any of sa~d b.,~td:~x~s, any i~ucre~~ thcre~n a pa~~ ~~rreoi, un'xsa ~n •he fo,m a~•d w~:h ~he lose payab:e as afo~esatd; and ?he erc~u a~~y sum ±
;f -„oney brcames payab~e undx wch poticy w pui:ues sa~d JhOR1~;AGEE s'~afl hava ~hr op?•on ~o rrcr~yo a~~d apply the sa~ne oo +ccw~~~~ u~ ~~e ~^d~~t~' ,
r,rss setured tKr~by w~o ptrntil sa.d :AOR~GAGORS to rc:rive sr.d ~se it w a~~y ~ ar? i~.,•+~~o( ror c:~~••r purt oiri, a.~~ho~t th u; .r..~~. ~3 ~~'~W~~' ~
,ny eqv;ty, 1i,sa w r;ykt un.iri w by vu~ue of ~I~~s nwrrgaye; and ~n ~hc evcnr sad MO~iGAGORS sha:l for any reason fa~l to krep ihe sa~d we~niscs so _ ~
~ s.,•rd, w fail ~o de~~v~r pranp~ty any of s~Ed poLG~s oi insu„•ue to s.+~d /'.uBiGAGEE. o~ ~o~l prompt!y to pay futty any pre~„~um tFxrrf~r or in a~y ~ `
~_•s. _u fai~ ro Fertorm, d•xha~y_, ex~cu~~. e~lr_~, canpiete. co.r.p'ry woh a~~d ab:Je !~y ~h~s covenant, w any pert hrreof, sa~d MGRT:,AGEE may p:atr a:~d ,
~o~ such insurance o~ any Fa.i Me~~of w~~ha,~ waiving or afio:~ir.g any op~~u+ti. lsen, cqu~ry, o~ right undrr or by virtue ot ~hit A1o.~gage, and thc ~
t r•~o.:nt of each and eva~~r wch peyeient sh3l1 be ~•mn<d~.~tety Ure o,~d ~ayab~e and s~at~ brar mte~esl tran the date thereof until pa~d at the rate of ~
, p_r cvnwm pC~ an~~v.~: o•~d •:.._)_•tY.•r .~~•h s'..ch ~ntr~rsr .b:'; : r s.•.~.•.;1 ty tb@ l:en o~ Ihif rt:atgage- _ ~
~
d. io pern~it, cort:m;t ~x suflrr no w.+s~e, ~u;Fai:si~rnt w drtr~:cro!i~n of so~d prcperty ot any pert thercwf.
5. To pay all ond singuls~ the cos~a, chuges a~d ey:er.s:s, ~n:Iud~+~g a rraso~~~ble aftorney's iee and costs of abstrscts of tiHe, incurred o~ pa~d at
:~br.r by sa~d A~OR1~?ACs`E, M:ce~se w~n th.: evtnt of tne fo ~~re un thr pait of iha s~~d A10RTGAGOR to duly, p~anpdy and fv~ly prrform, dhcharge.
effeU, ca»p:~~e, co~nply w~th and ab.Je by eac~+ and c.ery ~he s~~p:,~er~un;, agre~n~enn, ca+d~trons, and covenams oi sa~d p~an~sswy note a~:~ ~his ~
•~aga any o~ e,+h~v, a~,d s~ d<osn. chsrges and e~Fr~srs, e~ch and every. aheit 4e ;~.,mad~a?ety dur and payable: whefher p not ihrre be no~Ke da t
an~vr,p~ to coitea or s~~t pc~d,ng; a•~d ~he ful! a~no~nt of eacn and e.~~v such pa~m~n~ shal~ bea~ imrres~ from ~he date tF+e~eof unril pald at Ihe
~~:;e per i~•+,tv~~~ Eer o„~.~.~•~; sa~d cos:a c'rw:ges a.a ~,:,~•nus ,~K.,+•~l or paid. tcyether ~v~th such ~nterast, shau be secured br ~he I~e~ of ~h~~
: o~;g~ge. .
6. 7hat (a) ]n the event af any b+<ach of th~s tilo:tgage o+ C~PfdJ~f pl tI?C part o( ~~e ht•ORTGAGOR, cr (b) in the event +ny of sa:d sums of money
~.,r~:n referred to be not pr+rnpety and futl~ ;,a~d w~r},;n ~h.ny i3~) days nex! a-~e~ ~hr sanx se.•eraily become due and payable. without demand w notice.
~n the event rach and every thr stipo'atwns, agrtamer~ts. «~nd~tk+~~s and cove~oma o? sa.d p•~+m~sso~y no?e and th~s mo+tgage any a eithcr are not
;.ra~~ptiy an~ i~+y pe:f~rr::~-d dacha=~_~d. e.ec~~~•d. ei~~:+ed. ca:l~:eeed ca,-r ~~d w~ih ard aE~ded 5y, then in e:ther or any svch evenf Ihe sa~d ag
wm men~io:~cd in sa~d prom~ssay ~ore shen ~ema~n~~~g unpa~d, r;~h ~nr~rr;~ acc::,cd, end a:~ moneys secured hereby, shall becorr.e due and pay-
fcrth«irh, o~ !herca`.ter, at ~he op•:ai o~ sa~d M.7RiG~ G~E, as iv~:y a~x/ c0~•~t:r!t~Y as if at~ of tl~r said wms of money were wg~ns~ly st~pu:ated
~a.d a~ suth d:/. +nyth:n~ ,n s~:d p~o ~e sso~y ~c,te or ~n ~F~is l.•..~+rgag~* to the con~~ary nutwithsta~.d:~~; and tFxreupon or ~hereafter ~t the op~ion af
,~'ORivAGEc, w+TCO~t not~ce o* drrre:~d, s~rt ai iaw or in equrtf, nc~r~iere or thercoiter brgvn, may be ptosecuted as if ~II moneys secuted hereby
~ -turrd pr~cr to ;ri .:~st~tu:ion.
7. I?:af +n fi.e event :hjt ae ~he bey;nn~e~q cf o. ar an,r r:r.~e ~.ecu:~ ~ a,y w t v;.an f~~~s Ab•tgage. w to foreclose it, o? to roform it, or to enfwee
,.•=~t oi any c: ~•r.s ~e'cNr'C~!. So'!I l: JRTVhV_t S}~2•: ob~-~y t~ +`.e Co~•t ha•: ~~y ~d2i~on tnereof for the appo~otment of ~ Receivet, such Court shall
r~~„~ , re:e~._r of s.~~d c~u:tge:~cr' y:::,,~~•~~ e: ~::d :.:3v'ar, u,::;ci ~,y ~~.v s~~,~~~er ~he ir.cane. ProLts. iss~es and reven„es irom whaiever
. icr~rcd, e.,._++ d rvery of .rE:r,`~. ex::ig e.a,r.rrss y ~„de s'o~~. n~~r~-: y~~.t:•y;g~d as If spet~ircaVly sel forth and desctibed in the granhn~ and
~ cl,,,n c'avsci hcr~ro6, ar.d such Recr~.?- shn': =,~.a a:: ttir ..+d :d rffrc~:.~• ti•.:r.uns and powers in anyw~se emrusted by a Court to s Recaiver. and
s.~ ~;:poinrment sh~i~ bc r::ede ~y s~~ch Ccu:r as an ~.l:-::~r~,i c.;_~ry a:~d a^a~:~r o~ zbs~ivte right to said MORTGAGEE, ar+d w~thout reference to the
~:.,,c~ w~~,adry.,sc~ of t.^.e v3:~e ot tne pro~,r~ry ~*:,~~gag.•d cr ca ti:.• s:~..~ cy cr u,so:.ency of said MORiGAGOR o~ ihe defendants, a~d tha~ such
•-,•s. yroi~ts, inco~ne, iss~es a~d revenues shall te ap;.~ rd u~ wch kec~~,+er a::oru.•:~ ~o fhe iien w equity of w~d IdORTGAGEE and the practice of such
,rt.
8. To du!y, pro~~tly and fuliy perfo+m, d~scharge, execute, e{teu: co~.~p:rte. co ~~p'y w~rh and abide by each and every tFK stipwlations, agreements,
;.~c:~r;ons and covenants ~n sa~d pran~ssa~r ~~otA a~d ~h:s, mort3a,~e ser forth.
9. That in the c.e^t ;hc ownersh'p of th~ .{.arfgaged pre^~ses, or a•,y part tne•aof, Eecomes vesfed in a person other than the MORTGAGOR, the
:`RiGAGiE, ;fs suco-.ssors and assyn:, may, w.:`.o..t r,~.e~ce :o ::~e ':~vR:v~O+. d~a: N~h <uch successw o~ successw in ~ntereat w~~h reference to thia
~gaye ar.d ih^ drbt hereby setured in the sam? marr.rr as ~n:'h ortg..3~: s:tF•~vt in am~ way vil=ating Or d~scha~g~ng ~he IAOrtgagOrs' lidbilify her~
or upon the dabt h<-reby se:u~ed No s~'e o1 the Fre^:~sea hcrz~by ,r.ottyag~d ard r.o (o•bea~ance on the part oi the N:ORTGAGEE or its successors
gn= at~d ro ea!ens~un o1 the tb~r ior ~F.e ~ay.~e~.t of the debt h:•~•:.•j sc•a:red g~v~n by the MORTGAGEE or its successwa or au~gns, ahall operate
sse, d.scharye, m;,~3~fy c~ar:ge w atfec~ ti~e o•~~~.ne~ I~aE,,:r~ oi +ne ~l,Ot ~GAGVR here.n, e~rher in whoie or in part.
10. !t :s sxc~f:c~i:y ag~~ed ~her i:me is o{ rhe essc^ce of ths co~.l:act a:~d that no waiver oi any obltgat~on hereunder or of the obligatwn s~-
i h~reby s!+a~: at an; T:^e sherearter be r.:ld tc be a v:~~.er of thr •erns herccs or of the ir.strumem secv~ed herby.
l l. I~. .riJ r..-.- 'o e _ , _ ~ • , . ~'v ^-.:•s o` . _•:d . r.~;:; .:.d 'oi ~~~c prom:ssory no'e sc:ured hereb~. mortgagor tovenants
. .~s t~ , 3y ro ,•,c.•f~` ,~•r. o.••h ,;.a:+•_ <o i~~..::e s.~„ ;s•• ~.,•ecs t,~ r,o:ry3gre ~o be eq~ai to 1; 12 of the annual cosr of the toflow-
A.-Aii rtd: ~n~t`rty t~¦•s'c•.,.,: . ass•'S!:<i ey+;,. •i••_ d~~ac-~:; ._J! ri'a•e. -
c Fr= ,,~:u o~ f.r~ ar:ci :.:~:.Isto ..rc~• .,s r.c~: :i rcq~:r~~ ro ± a c~•:~~d c~ the :mrroveme~~s situate on the aoove desaibed premises.
. _ -PfE:''.W"5 0~ ~l ' .C't~ _ _ ,y~l."~::ty .rS,.•J•.... ,~s !•;ry1,1.1.jC•f s:,~': . ~.e -o +:•r.c di•ern fit to carry on the loan secured hereby_
i :•.~ortg.,~e.• ~.'^e i, ~re n t.nG aj ~-o. ^t d:, ~..nd o~yabte hereunder and such sum sha!1 thrreupon be due and
: o~~ rnr o_. c~~~, o` n•.r ••.o y p.:~ ! a~:~ s.,cc•==s~.r . o.-~h : ••~.~i~:r ur,f~E mcrtgagee shalt no~~fy mortoagor of a change in such
~,.t. 5~ch su,ns s~ ~,i apF•.. ~+cr:y~~ e to.•..~rd 7.. :.a~ rer.s ot rer.~ crcpr:~~ !ax~s, insurance p+em.ums, a+xl mo~tgagc guaranty insurance
~ TS-
~N 1'ltTP~[SS '::~:R~ , r~e sa: ".7RI:L.~C;B has here:,:~re set h:s h~~-d and s^~= the day and yea? fi~st afwesaid.
a d dr1~ ~ed ~n rrsence of:
v ($esl)
. ~ Michael F. Prev t e a s'n le a~y~}t
_ ~iAi/ . 6~1..r( rs..,n
A~:el ni
e K. Prevette,~a single a,~i~y}t
- OF fIORIDA 1
~ ;
_':"Y OF -St-~--j.tl~ lg-- - - ~ ~
6eiore me rso~ai:• a Michael F. Prevette, a sinqle aC~~lit a~Kl
Pe / PPeared - -
_/~gjlflg }C~PSQy~t~Q,~ ~~1ILQle adult itis~v*(~ to me well krwwn and known to me to be
d~i~dua:s d~sa~bed in ar.d who eaewt.rd the forego~ng instrument, and acknow~edged befwe me that they executed the same fw tF?e purposes
•_"n expressed. ~~+4~ ~e:d.~ - -
fi~e ~aid~- - ~~eP'e+~Me'bweL'iwrM~ j
~t.~w iy M~a+aws~ry ~wci. ap~.a irw~ i~er ~+id iw4r~d? ~kwo.r i~ir~aL M.~~ ieiaw. w~ ikat ~he.«c~crtod. sa id rwtwrrw Jrwyr and ~rdrrr
~«.y~awi .N.riwr~awy. sou~prwo~r.~s~sns.ti.~M~aa~~ fear~oi a ir~ ~cw Mid~rskarrd.
i~lTfvE55 my har+d and offic:ai seal this _ ~ Jul 74
--t--R da• of-- y D. 19
~
~ Notary Public in and for t ate of Fiorida at large
My Comrn~ssion expires: l p o'
" ' Rervm io: 3 ~ ~
~,t Federal Sa~ir.gs L loan ASS'vG~31~Jf1 ~~~nq~
Of ~:.rt P~-rce. iai 1?
fort P~•,rte, Flo~~;ia .
- r o~tflEO _ .
FllEU~~'~_:.~UN1Y Fl~•
Sj °•G' }~TaA~ RT '1 E i .
Y -•F~,:{1 ~ ~
This Instrument Prepared By J. H. Roberts Jr. ~~c ~~`-n--~+ ~ 3
F:rst Federa{ Savin s 8 Loan ~ssociation Ff" ~ ;
g
of Fort Fierce , F lor ida 33450 ~uL $ 23 a~ - ~ ~ ~ ypc' l _ -
~
C~ecked By ~
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. ^ • =J
. •71f11'~~~
600K ~ PAGE~.~7~
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