HomeMy WebLinkAbout1298 To p~at~ and co~~~nuo~il~ ?-~cp on tM b~+~:d~~,9s ++ow w Mrrattar utwte on ss~d 4nd and o~ ai; eqv:prt~em ~~d pasaully coraed by ~h~f mw~
~g~. w~~!+ all ~emioms tiK~eon pa a m lul1, tr.e ~r.:.•~anca ~n the uwai :~a~c+~~d Fo;ky torm, ~n • w~+ ap~vo.ed bti ~t~e MGR~tiAGEE. •~d w~ndstart~
~ns~ran:~ i~ tM usurl si~~~~d pal.c/ form, i~ +~vm ap~oYad b~ ~hs Mt)~2TGA:atE, ~n tuch tompa++y o~ compu+•es ~s the MORIGAGEE m~y
c:rec~; ~~~d al? tir~ a:A w,nclsa~m i~i~ra~+ce po,~c~s ~~ny oi s,K! tvud,•u~s. any i~itcrrsl IhNtin Ot paN Iht~eGj. en t~.~ oy;,rr~ee~ ~wa ~Sassaid a
in eacea tt..reof. ~!~all :ontain ihr usuai st~r:aierd rt.cvtyagee c~ausa u:~ch o~hcr c'.~use as ~he A1~xtgaga+ m+y requa~. m~?~~?p t~e ~oss u~ fa>d pai~
cies. each and .:rery. par~bt~ ro said A'JRIGAGE: af ,n ~~,~:r:s~ may appaar, o+~d <•ach eod every ~~cF po~~cy ahal~ ix p~om ~~ly +ss gnrJ ard~
~~to da ~
sn~ held by :a+d h10R[GAGFE as turehrr setu~~~y to sa:d r.:.utgage detii, and, ~~o+ le:s ~hsn ~en (101 ds~s in ad+~~xi ot ~ht ea ~rahon o1 each ~ •
Gver ~o sa~d MORIGAC~f a ronrwal t~.c~eof, to9e+h~ ,k~~h a rece~p~ for the We:~:~um oi s•xh ~ene~al: and thrre shall br no lire or w~~~ds~o~~~ insur~i+c~
ptaced on arryl of sa:d bu;id~•x~s. any interES~ rt~rre~n w p+~~ rha+eoi, v~re» i~~ fhe 1o<<n a~:d ~~~ti ~:~e ~oaa payaLit as ~fwesa~d: an~ in the eYen1 any sum
01 mwuy becomes pa;ab~e v^d~r i~ch policy w poi~c~es s,.d M.JRTGAGEE sha;l hav ~he op~~o+~ ~o ~zc~re and appiy ehe sanx on xcount o( ~he u~debtrd~
ness srcured hrreby o~ ro per~ni~ sa;d IAURTGAGORS io re.eive and uae a.,~~y ~...rt ih.•rrof tor C:I.r: ~w~{•ofeS. .nti~G.,t ~fi~~.ur ws~~~~g ~~~t~p~~'.
e
ir.g a~y equ~ty, Iieo o? riyt,r w*~ier w by virtue of ih~a ~r.o:tgage: ar.d in the erent w J MO~iTGAGORS s!~all tw any reaw~ fail to cacp ~he as~d p~a++~srs
~r,swed. o~ fsil ro del~vr~ p~omptly any ot ao~d po::c=h of ~ns_ra~xt +o c:~d *~o~TGnG~E. or {a~i pron,pdy to pay fvlty any pre~nwm the~efw or in a++y
~ru:eU !ai1 b xrfo•m, d+scharge, eaewte, efie~~, ca•~p:urr, ca~~p~y rnirh a:~d ab:.:e 6~ th~s cove~ant. ~•~r w~? ne.eof, s.+~d MORiGAGEE ~nay placr artd ~
pat fot ?~ch in3urar.ce or any parf rhercof w~~hout ~n•aiving or aif•c~ing any o;~hw~, t~en, equ.ty, o? ~i~ht undar or by vutue o! tfiis Ma~9a9e. a^d ~ht
f~~l a,novr.t o( ea:h and e.ery aceh pa~:~:n; shel: oe ~n:,,.ed~atety duc and p~rab'e c-,d sha.1 ura- intere+t from the date lherroF ur.ti{ p::id a1 the ra~e ol t•'
in~.C ~Cr Cfntu;!1 FcN J!`~~,+~-. de1 ] t42 ~'~'.i•r ~.~~1~~ u:Ch i:~7r'cit ah.ii~ br S•`:~la'4~ Vy t~lt I:~M Of 1~1:s matgage• .
To ~:ermit, comm~t o~ suNer r.o wastr, impa~rmcnt or dr:c~:orat~o~ ~f sa~d p:c~.erty w aoy part thareof.
5. To pey ;~I end singuia. st~ costs, charges and e+~t~e~~ses. :nclutl~++g a rea~nable at~wnCy's fee and cos~s of abstrac~s of tit`e, incu~red w p+id ~t
•~v time by s3~d MORIG4G:E, bvcavsr cr in t:~r eve~t of ine fe::ure on the p:~r~ ef the said MORTGAGOR to duly, p~a~+ptiy ~nd fully pe~form, d.scl~a~4e.
:~:;~re, effect, ca:~~.!.r~e. cc~~~ply wa~h a~~d ab:de by e~:h and ev:~v » s:~p~:a~:ons. ag~ee=,:e~.ts. condi:iens, and ce+enants of sa:d promissuy no:e and ihis
i.>rf~sqe any w c~'t~cr, ar.d sa:d caua, cha~~es s~» eapenses, ea:h and ere+y, sha;i t~e i~n.red~ately due and payable; whe~her o~ no~ t?K'e b~ notice de
rr:,,,d. atte:npt to co:.ed or svit pend.ng; a~d rhe f~~! art~oum of rach ecx! e.ery svch payn~nt sh.,ll bear inrt~est from ~he date Ihereof unti{ paid a1 tht
- n:~x }-~'r crn:~•r, ~.c~ a.:,:.. anci oi: sa.d cists, t+tir9r! ot~d .M;ti~~s_s ~~xu:red w p.~~d. toyetl~r w~th such inte~tst, shall bt secuted by tne lien of thil
mortgage. •
6, That (a) ~n the evenr of any breach of this Mortgage w dr.iau=t on t}x part of the MORTGAG~R, o? b) in the eveM a~y of said sums of money
h~•rein reterrrd to be nut pro~~;pc:y and tu!~Y F~~d w~~hin th,rty t3J) d.+y~ nrxc ai~~~ ii~c ;ar.:e se,aa:ty beconte due ar~d ps~abie. withovt de~nand o~ ootice.
,.c~ i~ thr e.enT eech ar.d ercry the st~pu:a:~nns, a~reements. condrt~o•~s and covenants of sa,d p~omissory note and this mortgag~ any p e~~her are nW
~~.:~y, pro-~eiiy .,ne! l,;;ty per!a~~~•=d, c:.s:ha,3--d. ~xc:ured. eitected. co:-~Nsered. c_•np~:ed v~~ch ar.d aS~deJ Sy. then ~n e:ther a any such event Ihe sa~d ag
~r,,~ate sum m~ntioned in sa~d prom:ssor~ notr ~hrn rcaza~ning unpa~d. w~th inverr,t acuued, ond ali mor.eys setu~ed hereby, sha~) become d~t and pay-
{orthw~th, or rh_:ca~rer, at the cpr:cn o~ s3,d N,ORTGAG~E, as fu:~y and comp:ecr~y es ii all ol the so~d sums of money wero w~g~n+~~Y snputated
t~ t,~ pa.d on such u:.~, s~y+h:r,g in s:, d pro r.~sswy note or ir. this 6tortgage to ~RC cw~~~ary oww~~hsra~d~sg; and thereupon or thereafter at the opt;oo of
r.v !.tiORiGAGEE, •~.:sh.ut r.or.ce o% dcn~and, suif at lew or in eg~ity, t!~refore or tnerraiter begun, may be p~oaecvted as ii all rr+oatYS setured hereby
r.:d mai~red pn0+ f0 ~12 ~~:stiiutiOn.
7. ihar in ti~e eve~:t ti~st at the beyinn;ng of or at any t~~rn pend~ng any wrt ~Fon this Monlage, d to foretlose it, or to refam it, or to enforce
,•~,ent of any c~~~ :a hereus der. s.~id t.t ;fTG%~vct s'~ait appty to th. toor~ he.ir.q ~~~ndn;on ~hcrcot for the appo~ntmem of a P.ece:vcv. sueh Court shall
,r ~'r•.,,~rn ::::~•oint a rece;.er cf s~:d ~:xtgsgecf pror rty e:l a~d s;r.gviar, i~:G.~d ng a:i a•,d s:nyu:ar te:e ~ncome. F•e1i1s, issues u+d revenues frocn whatever
, de;~.ed. e:tn a~.d e•:ery oi wh.ch, r bi-,ng ~.fress'y vnders~cod. n re~rby ~ncrt:~_~3-d as ii speuf~calty ut iorth and deW~bed in Ihe giantirg and
_.~d:,m c.a~sea herc~t, ar.d sucfi Rece~:er shal~ F10YC a11 tne b~~ad and ~~fec':~e f.,r.r. o•n .:rn! powers in anyw~se emr~~strd bY ~ Ca+rt to a Reosivu, snd
5.;r; jY~pinr:nenr eh.,i: be made bv such Co~ct as an ad:nined eq~:tv and a ma!ter or e~sciv~e r~ght to sa~d MORTGA~EE, snd withcu! ~tfere~+ce to the
:e.iv:cy or inadeqvar+ of the va~:,e of the p•o,~rrty mor~gaged o~ to ihr soxer.:y o+ :.~~•..~en.y of sa:d /JARiGAGOR a the defendann, a~d that sueh
,rs, pro'ns, income, issues and revenues snali be apYt~ed Ey such Rece~.er rc:ora.ng ~o ~he iie~ or equity of said 1MORIGAGEE and the pracrite of suth
Co~-t. -
B. To dv'y, promF::y and fu!~y ~•forn,, dis_hjrae, e,cetute, effe:t, co~cpie!e, co^~p~~ ~vi~h and abide by tach artd every fhe stipuEations, agretmenls,
.-d;t~6r.s ond cu+rnanrs sa~.i prc~~~uxy nc~e ~~:d !h~s ~no:rgaqe s_t `.orth.
q, ir;s ~n ~he c:ent ~he ow~.e~sh:p of thr .ror;gagrd pre^~~ses, cr any pxt therecf, beca-nes ~ested in a person other than ~he MORTGAGOR, the
: ~^n'vAGEE, iT~ succcssc.•s an; as.•:ns, r.~ay, v+•~ho.,t not~ce 'u +ne ::~~2?GAOR, deal ~,~h wch suwceuor w sutceasor in interest with reteronce to tbis
o'rgage ard 7ha debt i e~eoy se.~~cd in the sa-ie ~~a: ner az ~nith 1.:;;rtyago• :vnh:,vt in any way vitEating or d~xl+a.g~~g the /~~tgmjcrs' leabiiity hert
...drr or uw*+:he d~•bi i,cre~y s:::.._~d. ho s~'e c~f u,e ~•~~~r~sas F.errby ~nort9ayed and ~o fwbea~anee w tFK pa~l oi the lJIORiGAGEE w its suecesson
c-.-sss~g~s a:~d no r,:?er ss~:~ oi ~he !i~re ior s:,r pry~-:r~t u' thc d~b~ h°«-by src~red g:~en by the MORTGAGEE or its succesaors or essigns, atiall oFerate
~ re ease, dscharge. m.o~?.fy ~nge o' aff~c: the a•:3~::~i Cauk~.ty of the rL::RIGAGUR herein. either in whok or in pa~t.
10. I~ :'s crec:j~c.:+ g~~-ed that r~:ne ~s of -he essr:~ce of thEs co~uracr and fh3t no waive~ of a~y ob:~ga~~on hereunder o~ of the obtigsYan st
c~•_d h.treby sha't a~ an~ tir:e thereatrer t;e r.c:d te Dr. a wa(.er of the !erms he*eof or of the i~strumeM secured herby.
, , i zd b rhe rom:ssor no~e secured hereby, mortgagor tovenants
11. ~n a:i.: -o orec,~:~n ~-:o: rh'Y 4.n;....n~s oi p:iac~pa: ar.d ir, r:~:se eequ'-_ Y P Y
;i a3r-.es to pay r~ r-:e:•yag~e v.+~h _•~:h ~r:ir~, y pa~~ rnr an ad:i •:c~a1 e~m ~v:--a+eci by r.wrtgagee to be equal to 1,~ 12 of the anrtual cost o~ Ihe follow-
A-~li real p*opr~ty tar:s iev~ed or assess~d aaa~•~st th_~ abave descri5ed r~a~ estate.
i S P:en~:v:as ca f~re o::d :r:r.ds!c. m~r•s~~ra,:cr as ne:e:n req~:red to be carri~~d cn :ne dmYrove~neats s:tuate oo tl~t a5ove described premises.
C--Pre*r.;~r.s en svch 3~a+~•,~y ~T~SL"3~.CP :rc•Tgayee sn3!t frc•r t'me to ~:•r.e deem fit to tarry on the taan secored Feereby-
I 1,~o:t~,ne~• s^-;`: ~~~+r. ~~re te ^ nc+:i~ n-crr~.,3of ,n w:~!.•ig of t~e a- o_ ~t d~•: ar.d payable hereunde: a.xi a:xh su:n sbatl thereupon be due and
o~ :t~~ ;i.,~ :;.,xr `:•o,th.; p:~^;r.,s a*:d e.,ch s:;-cess~w< ^or:~ rne:~aft:r uctu mertga~ee shall notify mortgagw oi a tharge in such
_~;nt Sc~c~ s~~^s s~•3.i i:e a~:;:~cd 'or ~~:f'C2C`•3 FOtd:d ~he pa~m~~t of r~a1 preFrrty taxes. inw:ance p~em:wns, and mw~gage guaranfy ins~rante
, :r..s. -
rff~ Y:ITWESS 'LHcR~OF, ihe s~~d ~'.'•~RiG:.G~2 nas hereunro ser n.s h~r.d and s~at the day and year first afaesaid.
Signed, Sealed a-,d def~'e~ed in the presence of:
_ • ~
Y u~ _~I 1-~ '~C: !~-•n
- - - ~`s~ 1_ ~1 t ~L~-t-u-e-v~
-
._:~~-3_ - - - - ~n
~'A7E OF FIORIDA ~
SS.
~ _;:~:d7Y OF Sti. l1C~B ~
Befo.e me parsora~ly avpeared ~ T3IC~ S~@V63 and
~iPanor ~F•F3VBS his vrife, to me well trwwn and known to me to be
_ i~div~duais descrioad in and v.'rw execu=ed ti~ fwegoing instrument, and acknow:edged before nx that they executed the same fw the purposes
-_•e n expressed. And tne said Eleanor ~e~£3
~ of the aa:d _ A1beT~. J~3 RiBBVeS vpon a separate a~d pr'rvate
••,-n .-.at:on by me taRen sepa~a:e and acart from F.ar said husband, ack~owledged to and befwe me that she executed said i~strument frcely and volu~-
and w_rhaut any co•rpvis~on, ~cnst~a~r.t, apprene~s:on, or fear of or from her said husband. ~
Y1ITNESS my hand ard of(ic~aS seal th:s d~y of Au~'17st A O. 19
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- Nofary Public in a~d (w t ate of florida ~t l~rge
My Gomm.ssion e:pires: : ~ 3 v ~ L
Ret~m To:
:;nt federal Sa+~~:gs 3 ioan Assoc~ar~on •
Of Fcrt P.,:c•r. ' .
Fort P;e•ce. Fic~:uo '
rt~.Ea ~o +~EC ~ t. ~ r ~
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ov~~ir ~u .
Ro~~~ Po~ra,~a ~ ~ ~ ~ '
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This tnstrument Prepared ey .Tohn '+r7. Collins CLERR CIi~CUIt OpUAT '~i - y . '
First Federa! Savings 8~ loan Association RfCQA~ yfF~F1E0 - . ~ , , • • ' - - • -
of Fort Pie~ce~ p'jOY'ida . - • ' ~''7'
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~ 1~ 3 PM' J~ ~ _ - ~ ~ - = ~ ~ -
Checkeci By ~ . _ - _ - `
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