HomeMy WebLinkAbout2107 3. To place and continuously keep on ihe Lu~'d~n~s now or 1:ereatter o•~ sa d~end and ~n ali eqv~p~n~nt and parsonslly covered by this mong•
ege, w~~h all premwms the~ean p~~d ~n futl, }~re :ns~ra~::c ~n ihc ~ti.;ai sranda:d ,>:.!;cy Eorm, ~n ~ s~~n aFpro~rd 'u~ !F,~ MOR~G:av[E, and winds~am
;ns~rance ~n ~he us~al sranda~d pol.cy io~m, i~~ a~•~m approv~d Ly :ha MiURTGAGEE, in such cwnpany ar ce:npan~es as the MORiGAGEE may ~
d ~ect; ~nd all ti~e and w~ncJsrorm in~urarte pot~c~es on any of sa~d bviidanys, any inteaest thcreen or pail ?hereof, in the aggre:yare tum aforesaid o~ ~
in excess IFiareo(, sRall co~tam the usuat sfa~:darJ mortyagre ua~sa w svch ott,e~ c:ausa as SK A1.Ntga3ce may requ:re, ma?ing the :os~ u~1r~ aa~d poli-
c~es, each and every, payabie fo sa~d 1AUkTl,AGtE as .ts in~~r,st -nay aapear, anu , a!h and every evch po~~cy st~all be p~omptiy ass y~~ed a~~d del~v~red to ~
_ !~t!d .h~ s.:i~ .'.'.O~'.~.". :f az f;,,rt,,:r i~..,:~:~ . s..:~ ..:..ty~y~ :.t, o: s. •..,t .~-,a i:,.,u ~ru ~:~i u~ys ou.~,~~~a oi ii~e r+Ni~e~~w. ui eecn p;,i~cy, io ua-
L~er to said MORTGAGEE a renCVla1 thereof, logether with a rece~pf (or Ihr prr~nium ul such ~enesal; and there tFull be rto fire or windslGrm inw~a.~+ta
F'~~ed o++ any ot sa~d buildir~gs, any i~teres~ therein a part tti«~ol, un~rss ir ~he fonn aod vri:h ii~e tcsa pay.,bic as a{oresa~d; and In the eYent any sum •
of ~.~oney becomes payab:e i~nder tuch policy w poticies sa,d h10kiGAGEE sha11 have ~he opt.on ~o re:a~ve .~nd app:y the samr on accoum of the indebted-
ness sec~rrd hrreby or ~o permit Sa~d lAORTGAGOR$ IO ~etcive a^d use it W~ny port t},~„~,~( ~wc c.ec5. r+~~i~~~.~t th_nu~ .v.:~v~n~ :,r vrp„in
~n~ any equ;ty, Grn o~ riyF.t unde~ or by virtue of th~s mo:•gage; and in the event aa'd M0~21vAGORS sha:l ior any reason (ail to keep the sa~d p~emit~s so ~
ns~red, or fail to deliver prom~lly any of seid poflcies of insurance to sa:d 'n10nTGAGtE, or i~i! p:omptfy to pay (u~ly a~~y prein~„m theretor or in any
res~ ect fail to perfo~m, di;cherye, exacute, eHect, co»~piete, cornply with and eu~de by this tovcnani, o~ any part h~reo(, said MORTGAGEE may p~ace and ~
p.~+ 1w such insurance or any part tlu~eo( r.~ihaut waiving or a(fe:ti~:g any o~awrt, i~rn, equ~~~-. o- r:ghT vr.der or b~ v;rtue of this Morrgege, and the
~ aroo~nt of eath and eyery svch pay~~ent inilt le ii*~•necierely d~e and payai~le ar.a shcil brar inrerest frWn :he date thereoF un~il p;id a~ tne rate ol
r{:er centum per aomn•, a:id tc.3i•~i:rr •ni!h s.ch ~~ue:_s~ <_nai, _.r ie:;.:>d E.y the f.en of th~s murrg:~ge. '
4. To permif, commit p~ suffer no wafte, ~~~~~airr..ent or drt.~rio~at~'vn of ac~d prcHe~ty O~ dny pa~t IhereOf.
S. To pey all and singvlar thc costs, charges and expenses, mc~ud~ng a rebsoaabte af~wney's fee and costs o( abstrous of titl~, incur~ed or pa~d at
ffrr;~ uy sa~d MGRIvAGEE, heca~se o~ ;n ~hr evrnt oF ~h•_ fa~ivrc~ un tlie p~r~ oi ~he s;.~d MORiGaGJR fc duiy, paon;ptly and futly perform, d~achjrge.
c~re, etfeu, cert,ptete, co np{y wnh and ab Je bv ea:h and every ~h•~ stipufat~ons- ag~eem~•nts; ca~~d~~~uns; and cn~P.,...,rs of s~~d promissosy r.~+te a•.d this
~~tgage any or ei~her, a~:d sa d tosts. charges and eaFensrs, each and every, sha~i Lc in: n_d;ate!y ~iue and payable; w~ether w not the:e be notice d~
s-~d, atter~ipt to co~lect or sun per~d.ng; and the lull JmGUnt ot each and every such payment ~ iali bea~ iNcrest from Ihe date thereof until pa~d at the
- n:r;e F;er n-~~~m ~,•_r on:,,,.»; :..c ai' ao,d ws:s. .i:a,~es a~~u c~,s_~s cKUr~ed or Fa~d, eoyeil.er weh such imerest. sha{I be secured by ihe Gen ol th~~
-r, rtgage.
6. ihat ;a) in the eveM of any breach of th;s CAcrtgage or defaui~ un IM part ef the MORTGAG02, or (p) in the evenf any of said sums of money
F~rc+n referrrd to be not promptly and futly pa~d .v~rh~n th~rty ~33~ days ~uuwt a:rrr the same s~-:ere'ty bccome due and payable, without demand or notice,
_r in thr event each and every the SLt~u~ations, aqr~:me~~is m~:~l,r~~.,c a.,~i co,•.,na~n of sz d;>rcar;ssor~ nwe and t}~:e cr.ortgage any o~ eiiher are nol
i.:,, F~ro~„ptly ar.d fv!ly ~rfc~rmed, d s:hmg~•3, e~~~_ur_d, efiz~r~d. co•a•~~.•_r..d co~~µ:.ed .v~~h zr;d a!: dael hy, tt~en :n e~ther. or any-sv~h eveM the sa~d eg
,~-~ate su~n menr:o,fed in sa~d prom~ssory nure ffizn ren~ainii~g unE~a~o, ~vith ~nterr,: ;cu~ed, and a.i nrr.eys sewred hereby, shall become due and pay-
a fo~rhwrth, or the~ea!ter, a~ Ihe op•~o~ cf s,~d !.:JRiGAGE~, as fv~hr anci c~n:~;~~-v~•.y as iF ai: of ii.e so~d sums of money were or~ginally st.p~,ated
be pa.d on s~ch dr.y, am,th+ny in s~ ~ rr~m.;sory ncte or u: this !':.~rtgagr to !hc co~~~-ary nor:.;:hcianJ.ny; and thereupon or thereafter al the ophon of
s.+ t,1pRiGAG:E, v.~r?.out rot:ce o• d_•~rar.d, sv~r at :a,r,r w i+~ eq.;t~. ~nerefere w mer•,a!se~ 6eg• -i. may 6e prosec~ted as if all moneys sec~red hereby
~ ~•atured pr~or tc ~ts ~nst~~ut:u+~. .
7_ Tha• ;n Ih? ever.t ~ha± at ~i~a L~ginn ng ~~f cr at any S~r.e ponc_,~~g a~~ su~t ~•;.c~~ th~s h~c.rt~~c~e, or to forec~ose it, or to reform it, or to enforce
• of any c.•:,s here~~r:c ~r, s.•c ~•,OP,Tvr~.;_! sha.: ,,p~~ rc rh_~ Co~rr h~:~, ~;-i ;,.;,n rh:~~:ct for in~ a.po~ntment of a Receiver, s~ch Co~rt shail
.•.~rh aFpo+nt a r~~el:er ei :a~d :.:•ge_~:d c~o:.:•t: ai' e::d si•.geiar, u.c.:cl~n3 ti,e ~ncon~e. p:oi~ta, issues ar,d revrnues from whateve?
derlved. e..ci, a~::! oi w;~:.:~, ~
.~.g .,xp:~ss i :~:1t s'ccct r~~.,;:~ n,netgw~rd as ~1 spet~i~tatiy set forth and dastribed in the granting and
.•nd~m c'avses h~~.~of, a~~~+ svch kece~.•_: s~,: na:c a~~ sn~• ir,ad a„d eeie~r~~e f~.: c:;::s and pav:e:s in any,n~se enausted by a Cou~t to a Receiver, and
_:h 3ppointme:~t shat: bc rt.a~e br such Ca~~~ ae a.: ~ri:•:~r+~d e~i~ ~y .~rd a r.a!~er of a::sol~le t:ght to said MURTGAGEE, and wifhovt reference to the
.~~~cy or u,ad•;quac; ot the valce of ~i:< :.•oF;r~ry rno•iy,grd or ro tne s~:v.,~:y o. ,~,.~~ve~:y of sa~d M,iJRTGAGOR or the Jefandams, and ~h;t such
~s, proi~;s, incon:e, issues and re~er,~es ana.f oe ap,:;(~d Ly wch Receivet u,~ard~ ~g tu ~he iien a equit~r of sa~d MORTGAGEE and fhe practice of such
~
3. Te cfu~y, Fr;~mp;iy and fui~y perforn~, d~scha•3e, execut~, e`*ect_ ce:rp7.~t-. ce^ Nty w~~h and abi~e by each and every the stipulations, agreemeMS,
~ :Iit~cn3 dr:fj :.~+nilJrtis ~fl Sa~tj pto~n~iiur~ i.C}C a!~U 7h~5 n:O:i~aye srt torrh. ~
9. at in the eve~t the o~inenh:c, of the r:crr;aged ~rc n:~en, or anv ^a:t ther.:of, ~tccmes vesred in a person other Ihan the MORTGAGOR, the
~~~>~:~EE, i•s s.cc~ss.:rs and ->ss,gns, ma„ i,o..~ ~n~.ce ;e +~,e ;:.~RTG~pv: dc'e. W!;Vi yW`/ successor w successor in interest wiih reference to this
°.7~_:e a^d the d_ut h,e:eby s;u~~(1 in ti.n 5amp n,,~.,.._.. 5..:•h •;t4 s..,~ .C~. ~ •.•r,:• vit,37i 6T d:5-.'ti-• :r - . .
: .•'ii, • •"Y ~f ~ a,c3 .'3 Fi:t t.'wriyay~rs' iia[U~i:iy ~'act8-
• or u~ ,n th~r d_~a~ h~:e:.v s_c~~•~ci ;1c sa'~~ o' sh._ c~N~c:ses h~rrby •~cr~yaged ar.d no forbearance on the pair of :he /AORIGAGEE or its successo.s
,:~~s j:,d _r.r_~s:o~ c! ~he •,r•.~ i~:r ri•r_ ;.ayn,rn~ of tne dc•bi h.,,c•:,; s~•c~r~d a:mn hy tne :~IORTC+A::FF ~...,._s~ s or ass:gra. ,~:al) operate
_.se, d:scha:ge, r^oc!:'y u:or.g~ cr aitect the o~:~.r~a: .,,,,...t, of tn~ ~:.ORtGaGOR i.e~r:n, e+ther in who~e or in pa~L
tJ. !r ;s scec f~csl;y ~~~eed ~hat t~ is oi th~ essence of r4:;s controct ar,d ~t~at no waiver of any oirl~gat~on hereunder or of the obligation se-
= d harrcy s~a': at ar,y ti^ e tncreafte~ oe r~~ld re be a wesve. of rhe terr,u hercoi or of the instrwn~M secured herby.
, 1 i In rq icr_,y -,~:ir. r i-. ~._.i ~,i ~.:;:~c~pa; ar~d ~~v;..-s' :.,q..~.•.d ty iF~~ p•o:-n:sscry no'e S_•CVred hereb/, mortgagar Covenanli
,_es ro ~ay ,~,o• ~ _..;•h H.,~ ,~dd:r.o~,a! s„~n <.r ,fed morrgagee to !,e ey~a! to 1 12 of ehe an~,~al cost of ihe fo~low-
A-i..; r_:,~ , ~o~:~ rr f.~~c>s c~ .j~s_~s:•.:. -;,~.s~ _ ~co•:_ d..>, ~ •d _di es~.,r-.
' 5_Pr~.c"~rns o~ (..e a^d r.: +dt!o~~ee ~ns as h:-•c~n rr•; . ed tn ne ~_•~icci c•: ;h.r .•,p:c.~e~ne~ts s:tue e on /h± abovo desuit~ed premises.
_ -P~•_ r s c ~ :•_n : _ _ . ~ y.,a•,~s; ;~-.:-:e r_ ~~,o^_:a~~r sE;[i ;:e t.~ c~ ne de-rm fit +o earry on !he toan ~~cured hereby
'1~.o-egaqee s^a ~!~~r., u«~e !o T• ~~e no~:i~ mGtCyecJer ;n wrshny of thr. a~.ount dce anti payable hereundtw and such sum shali thereu~n be due and
r v~ the d~r ;iat•_ rt ~i;_ ~~--rr .:~~.!-:y ;;.:~^-..r:! and z~ch y,;ccess+ve To~~ih rhe~eah~- u~~~ii ~rvrtgagee sFa~! r.otefy mortgagor of a thange +n s~ch
Such SUT+S s':aa i:e app:Ved c. ~ ~+rg:,; c.,..~.' ree pa:m~nt of reai preperty taaes, ~nsurence prem:vms, a:~d mortgage gua:aoty ~nwrance
,.,,s. -
I'+ :IIT":t55 :.N_R_vf. ri:e sa~d M~OK~v:.:,vR F.as he:e~~to set 'r.is h,~;d and seal th~day and ye firsi alo~esaid.
I Signed, Sealed and de'ive~ed in the pres_ncc o{• ~
4 - ~1~W`.[i Cr~ ~ , _ " _J~ l _ ~ ~Ses~
; ROOER I411R~~ : Irma T. Beedy, a sinql ad ~
i CIERK Ct~C~tt CAURf
i - - RECOR~YE~Jf1EOwJ (s~a+)
~ C7~~ c~.~' - .
i5ea1)
~~•.ic OF FIORlDA ~ ~I ~ ~
~
s St. Lucie ~ u. ~t~tl~?7~3
t ~'STY OF - ~
~ Before me pe.sona~i~ appeared TYID.1 T~ ~t~ ~inalg adul t =
~
s - - ___~ia ~nie, ro me weii known and known to me fo be
# -,dsv~dua' descr,bed ir. a„d v.F.o execvsrd the foregoing insnument, and acknowiedged befwe me that ~e executed the same for the purposes
~ • _•In expressed_ ~1w~? ~M ~~id._ - -
€ ..:e-oE~}r.sa;d-- ~rp~n.?~~.MSandy>riwb
~ ~..ra~•+at:o~~.,y .ar.~ai~n. s~p.~a~e~d ara~M l:o~.k~r.aa~d J~rcb~a~rr ~~fcwo~~ii..ic~i b.an~i i~f~r~ ww ~tF~rt~.ai~o- ~wied Ni~d~.iwewwnewt~E~tp ~nd-wlrw~
M.r«,d.~..r+.oer«ryte.,T~s:s~e+reo~»*.~~r~-sopref+ens~ow, ~eereF-v?~~e+w*erseid~in+sbersl.
LYIIF:EE.S my M~.d a~ off~c;a! seat th:z d~y ~r_ January A ~9 7~'j
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Notary PubGc en and for the State Ftorids large
My Commisaion expires:
" Re:um Tc:
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~ r:rst Federal Sa~in~s 3 loan Astociat,on t
- Of ~c••t P arte. - ' i
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= Fort P~~rrce. F!c.r~da
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F This Instrument Prepared B John W. Coll ins "~~.•Ly ~'~t f~
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~ F~rst Federal Savings 8 Loan Association ~
~ of Fort Pierc~ Flor ida 33450 q 2' .
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~ ~h~cked BY fr'a--- . - j ' :~14
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