HomeMy WebLinkAbout0406 To p!ace and cominuo~ify lcep on the b~~.~i:ngs now o~ hrreafter si'uote on SA~4 :d~ and on eli cquipn~rnt end perwnaily cover~-d by this m~rlg-
nga, w;~h all p~rn~iumy fi~r~eon ~,.i•d ~n fu:t, L~r insuea,~ci~ ~n tha .:tiui; s+~n~,,rd ,~.cy 'orm, in a~~rn aFp~u.ed by thr MUR1Ca.>GEE, and w~nds~orm
~nwrantc in the usua! stai~dard po~~cy to~m, ~n e.u~n ap{:~ovrd by ihr MVRSGAGEE, in such canpany or comF,an~es as the A50kTGAGEE may
:i.~rct; end all lire and w~ndatotm +na.~~.nce pol~:~es on ar.~r ol s~~d b~nd,~.ys, any iMerest ~1u>rein u~ part thereol, in Ihe ayqrc9ate sum aluresaid Or
in excrss thrreof, shall comain the uw.,l st~nda~d moNg~gee c!ause or si~ch o~ner c'~;~~e as the A1o~tgagee n'~ay ~equ.ro, maling the iou u~~der se~d poli- 't -
c.ei, ea,h ar.d every, pey~b'e to ea:d M..~RTGAGEE as ~~s in~o~ _s~ n:dy Eµ~rid~, end ~•~~h n-,d e.ery wch ~.c'~c/ s!~al~ i~e promN~~y a;s g~~ed ar~d der~vered ~o , ~
e~:; held 6y sa~d h10RT>AGEE es fur~~er s~_c~~~~y to seid n.urlgage d_bt, and, not tr:: e!~~~ ten (i0) days in a;l-~~:ce of the !II(111dhOn ol e.+ch pol~cy, to dr ,
~..e. ~o sa~d h~ORTG~GEE a rrr,ewal Iheteof, togethe~ w~Th ~~rce~pt tor the prem~~m oi wch rene~n:ai; and thrre shall b~ no irte o~ windi~onn insuro~te ~
piaced on any of sa~d bu~id~~~gs, any interest there~n w pa~t the~rof, ~.~;•.ii in inr io~m a~~d vi~th tfie ~ess payabla as aforesaid; and ~n ti~e evcnt any sum
of money becomes payabie under s~ch policy a polkies a.~id MORIGAGEE sha+l have ~he op'.on to rec-_~~r and apy!y Ihe setnr on eccounl of the indebted- ;
r.~rss sea,rzd hrreby or pern~t sa;J f.10RiGAvORS to ffCP1Y8 a~~d use it w e~~y ~ 1 r~,c.: ~at for c:; . r ~.,,r; ; srs. ..:~rn.,,t ih ~q or n~,.ir-
any equ~ty, lien or nyht undar or by virtue of th~s ~r~o:cgage; and in the evem sa:d hlOR1G~G7RS shalt io~ ~ny reeson fail fo k~ep ~he said prem~S~~s SO
s.,•ed, or faii M de:~.c~ p~an~,tly any of ;a~d poLurs ot insunnce to ia:d h10R~C,4'vEE, or 1~:: ~,ron,p!!y to pay F~lly any pre•+~~~m thcrefo~ or in any
~•s,:ect fail to prrfo:m, d;s~h,r3e. exec:,~e, e(iect, eon~p;e~r, co:*y~ty w~ih and ad~~de hy ~h~s covena~r, o~ any par~ h_reof, sa~d MGRTG:.GEE may piace and
F.+~ For such insur ~nce er any part tha:rof w~thout .vsiving or af(ec!i~ig any oF~t• .n, Iien, equ~t~r, o+ nqhr unJer or by virtue of lhis ~tiortyo~0. ar.d tht j~
! aino~nt o) cech ar~d e.~ry s.c1~ pay ~i.~nt si a:! 6e im~r;ed~ate~y d~e ~~~d E~.~yai,:c• e~~d s^a~i bc~a~ i.~tcruel frwn tha date lhercoi ~ntil p.,.d at Ihe rdte o1 ~
`er cent~~n per ar.rn:~r ;"d •.~7..•I.r• ..~tF. ti,:6 ~ r.~-:.f sh:~'.i src..r~~d b: ti~•~ ! en of thii mortg3gc.
d. To pe~mit, comn:it or suffer ro was+r, i.i:Na~rr,:rnt or det~rw~ahcn cf s:,~J cnc~:rriy or any p~rt thereof.
5. To p.+y a31 a~~d sing~lar the costs, charges a~~d ea~•e~~ses, inc~~~d~ng a reeso.~ahle n~tornev's fee and costs of abstrads of title, inturred o~ paid at
ri~+c by s~:J .ti~GRT~nG;E, because or ~n ;he e.ent of the (r'ur un tier p>n oi ~hr ny:d 1~10RTGAGOR to d.,~y, prom~,ry and fully pe~fo~m, d~scharge
_ c~te, effccr, c~mp:_-fe, m»ply w~ih and ab:1r b; esch a~d ..>ry she shpU:a~ o~u. ay~re~nrnfs, conJ~nons, and covenants of sa:d prom~ssory note and this
+;~ge ~iny or e~rher, a~,d :-~d cosrs, chargrs ~~~d ~~xFenses, each ~~~d u~ery, nh~~: i,< ~~,:~n~•d,ately dve and payab!e; whether w not thrre be not~ce de
~;re:~:pt tu co~irct or wit pr~~d.ng; and the f~il a:noi~nt ol i•ech and e~er~ such ~:ayme~: sholt bea. intcrosl from the date thereof until paid at the
` n~.? }~t~r ;•,nt~•r, p_•: >~,~d ~_"•s, er~.:, rc~ s s . c_,:r.,d or ~:~~d, tcgetF~~r .v.th such ~nterrst. Shall be SeCured by 1hO Gen 01 th~s
...3 ~9e.
b. That ;a1 in t'~e even~ of a~y Lrea:h of this .\',ongaqe o~ d•-°a~~~ cn tlr~ ;~rf of the YORTGAGOR, or ;bl 1n the event sny of sa;d sums of money
i,e~~~ referred 'o be ncr ~,.~•~~~F:r~y ac:i luiiy ra~d ~;~r.~~:i ih,rty i3C?~ ~3ays rc~.,s a•rer ti~c s<,~ne selero;;y become dve and payable, without demand o~ notice,
- c~ in !hr e.ent r.;ch and ev: rr ~ha st~pu at~: ~s, a:irecm.ems cc•.c~•t~o ~s and coven.rnts of sa d promissury no?e anJ tius mortgage any w e~ther a~e no1
. :,rp..,~,rly ~rd t,, ;.~_,r:;;r,...~d, :s ~~q. :1. ~~x ~:~.r~~1. ~~:i. c. _•~_d ._:,,~,..e:~~ v:~ih a~~.d ab~~frd 5y, tAen in e~ther or any such event the sa~d ag-
~.,•r s•;•n meni~c.•.~d n s_:ci cro^ eswr ncre t!~^r. re.~~a,n~ny ;:,~.c~cS.~ w,rn ,~~t•,r~•,~ __d. and a:~ merie~s src~red hereby. shall become due and pay.
iorrn,vith. o• ih~r.o`r..r: e~ ih« cy r,,;~ .;F ,.i !r~~~R;G%•~;EE. ,s t,.;~ .,rd ~.F_.-~e', as ii a~i oi the s~~d wms of money were ong~nally st~puiated
' • n.~ ,i on svch „•~y:~,.,.~ ,r d >>.:•y •-!c c: u, r~ns t.t_•t,~-~q: re e_._~rr:,ry noiri~ths~a~~d~ ,g: and thereupon or thcreafter al the oat~on of
•'.,~iRTvAGEE, v.,''r.c:~~t c. dc;,..: s_rt .~t or in .,.,:t~. •nc•r. or ;~,,.~~aifrr b.:yun, n.ay be prosecuted as if all morieyt secured hereby
~ ! • .,~h,red F~,r~or to as ~nss~tv':on.
7. Ti~.;r tt•e r.~nt ti~;t .it ;hr 6e ~ r.,. ,t any c;r ni a., :y s, T?:~s Mo~rsage, or to ~oreciose it. or to reform it, or to enforee
. _ ~ of jny c , ~ns ~,~~~e~~,:i:.•. ~ ~ d _ . _ . . . ~ ~ ~ .•r ! . , ~.~r.on t~,...vot for the aopo.nTmenT of a Receiver. svch Covrt shall
. ~ c.~~t ~ . . •~4 s.~;d .~1;. i v~ , a . ar. . _ . ~•q s.:, r~ ar the ~rcon'e, prof~ts, issues and rr+enves irom whatever
, + c~~r+. •'.ery o; . . _ ~y . , . _ „ s~ _:i . :,f , ,.g.d as :t spec:ficaily set fo~th and deurib-~d in the granting and
i~ . r.~,s..s:Fer.~,=. er~ s~ch R..._1.~ :~,...~•n! ~ d c•~•c~ .i~ f. ._:~n! Fa•.ers in anyvr.sr emrusted by a Court to a Receiver. and
: F ~•rne~:T ..c m.~d•: by sv:L C-.;r! as a•~ .~.,<<d c:i...'; a,. a•+.:. ::t s`. _ r~ght to sa~d 1.:ORTGAGEE. and withoul re(erence to Ihe
. c~ ~~nad,y„ar; of t:,e .•i.ut cf ~h„ c~r::~~ry mcr~g.ye~ or to ~i,e- aa.•.~~cr ..~nty of sa~d A!ORiGAGOR or tF.e defandants, and that sueh
~~+ot~ts, inco •:o, ~xs~ ^s a~~d r~. _.~..es shi~i be ap,, ~ed b~ s~z~ itec~~ver . c_oru >o :he lien or eq~iry of said MORTGAGEE and the practite oi such
_ . rr.
3. T~ d:,'.. c= . ry `_I:r Fer`or•n d;sch~;qe. exe:~rz. e~`e::. cc~npict_~, c::~~:•.'r •+v;rh and ab~de by each and every the s!ipuiations, agreemeNS.
. ..'-i":S r"'.d t~._.. ~~,.5 r. L"~~"~!SS:,"J r;.'~'° s.~~~ th~5 ^..Ort~.1~.3P 5!-t 70-'t'1
o. :,,r che ~ r. : ot .~..-+3agc~ F.re^ :ses. O' a'~y parr inerc,-.f. ~_ecomes vested in a person other than the MURIGAGOR, the
~ - . ,'s . . . ~ . . . . . ,,',c~, t„ ~••r :'C.^TG. JK, d_,'. ::.r6 such successor o~ successor ~n ~nreresr w~rh reierence to thfs
;_:~e a~rd t, i:~:+ ~ , i~~~e r-•e~ r..• ~s .ti.+h .'...•tyo~~r v;~?~,~vt n any way vit:ating or d:xi~arging the l.tiortgagors' IiaDility her~
or L:.~ ~~n-- d:~c+ r t•:,~ _ o' ;~~c-~ ~s••s h;rrbi mo~rr~yrd a~d no forhaara~ce on the part of the b10RTGAGEE or its successors
r.~s a d~o ~.•~•rs .~h< ~._.~y -•t m~ c_o h~..;.:.,. sec~~eci g„_n by the t.+qRTGAGEE or ~~s wccessors or ass~gns, a~~all operate
:ce. d.s~harUe. ~t;o~i~fi c~+°~- . _±~ec; rF~~ c•;g~n,;• ty o; :ne /.',~~~GaG:,2 here~n, e~tt~er in whole o~ in part.
10. tt !s sc rc =:'y __-~_•d ~h~~ t~ ~s cf t! rs>c---r ~f t'r Es co•sracr a~ a that ro waiver of any o6l~gat~on hereunder or of the obligation se-
~ d herco~ st e:, at a~y ti ~.e rr,~rea~t•~; b~ r_•i to 6~ a i..:~.cr the •e:-ns ~ erecf or of the instr~:neM sEC~red herby.
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~ I I i•i • ; • : rc.•c.y,. . ~ .,.•s .r.i ~ r.--~.,.;:.d ~he prom siory no'o sti:u~ed h~ c~b~, r.?o:tgagcr Covenants
~~es +o :.a~ r.:_.•t i-ca.- h~r: ~~nc•~~~~ y,,?•r a~ ~~,i ~cr}al :um .~s' ~~•ed 'o; mortgagee to be equai to 1 12 of t;~e annuat cost of the foliow-
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j A--Ai! rea! ::roper..~ i...ts ~~e;~~.;: er ;~~ss,~s+~c .~~-„~-.si ~~.uve dt,v~c.~~d r,al es:ate.
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~ 5 rr. „,s C. ~ l.. ' f'S„•?• ~ _ y-.•^C to te r~•r~. ci c•i ~h~ ::r.;aove~ne~ts srtvate on tha above d~sr.~~d premises.
¢ C F:~ •s ~ _.a _ _ _ a_a-:•r. ~s. , _c ~ ~ _ sha'! .:,e tun~ diem fit to carry on the loan secured hereby.
z ,Yorg,j._~._~ z~. +o •:,-f. . c• .ccr•_. 3,,. r ng o{ ttie .:•ro,~~,t d_~e and payable hereundrr and such sum shail thereupon be due and
~ o" t'r~, t-. ~ _ a, a.::1 s.,~ _•s>~:e ro+~th f~,.~•eat+er w.tif mortga~ee sha!I notify mortgagor of a change in such
$~r.!~~ su.~.s 5~^3.~ t;~ ,;i~.; ~..i ~..-'a.•, . fc:..a:;.~ ri,e ;;ay~re•,r of re.if prcperr~ tzxrs, inswance pren:.u:ns, and mor:gage guaranty insurance
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? 1`y ':rtT~iESS ::H~2~0=, a:! "G:-GC-: f~as here~:»o se' nis h,;~ d and s~,ai the day and year first aforesaid.
~ S. ed ~id _~~ve~c tne er,ce o'~ x{s~(~9
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~ f ~t~EO A1i l3 ,
~ _ - - - St.IU"vIE C411M1`~ ~i.A. C~ (Seal)
r pptTRA'b Kenne ~ eY~ K. Du~q?y
~ _ _ _ RC~vcn a
~ ~1~~4~~ CIER~( ~+=.CIS?f GOUR; T ~ (Seaq
. ~GC~R^ v.r..<<E~ Bea ice e
a ?
_ - - - - - - _ _ (Seal)
~ aF F~cR+.oa j If 4~ ~~1~
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~ ~;Tr oF _ __St . Lucie
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';N, Beiore me p~:sona:tiy a:'e e'r'd - - - - . --KeIlIlet~l Qldley ~K~A K. A1tI~.@~ and
_---~~.~_~1~~_ ~~al~ _ his wiFe, to me v~ell knOwn apd knorirn to me to be
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i.ci~nd~,a's d~scn:;••d ;n erd wno ~~x~ r:_d :h~ foreyo~ng ins?rument, a~d ackr.o+~:cdged before me that they execut@a~~i~e~~am~,~~o[ the;purposes
~ ~:n ex~.~esses Ar,d the s=ld- - - - - - - BeatllCe ~llfjl~ _ ' ~ ~ ~ i `1 ~ -
i y' '7+'_~ti• . 7y'T_'i,
{ , ~r the s~,.~ Kenneth Duc~le A/Y./A K. Dudle ~',~q~~ ,,,are
- - - ---Y-----------~- i 6%~r'~ P%
na.. ~ b: r~e ~a4=n s.,; ar~te a.d a:;a.t frc,rn her sa~d h~;band, acknovviedged to and before me that she executeQ-i/f~ unst?umtnt~~e~~nd volun-
~ ~ a. d~. :f z-,y ~ ,;:s on: c,<~r::' it, z~ prei~^r.s,or, or fear of or irorn her said husband. ;~2 75
~ .~~T:._~5 n,y n~~.d a•~d oFf c. .~a! th ; _27th--_ _ day of Februar _ _ - :.T," o~ l9
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~ orary Pubf~c in and ior the~ F ij{A~{~.t~e
My Comm~ss~ors expires: ` ~ `
< R~ .~.n T~ ` ~ `
. r - i~.~,~~
~ ~.rs! F:cicrai ,~s R ~,;a~~ Assoc:.!.on . c 'o~ ~~k~'~J ~t
j,;~tnry Pucl•.•~ taM
~ I l~y Cor.ir.,~; ion Exr~t.z I-•n_ 27, 1~19
' Fort P. f . ~ F,.~ ~~ozuattr
~ " 8..,,~~a ~y ti:~~~.
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This Instrument Prepared By J. Hal FObeYts
- First Federal Savings & Loan Association
' of Fort Pierce ~ Florida 33450
< ~hecked By - ~
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