HomeMy WebLinkAbout0408 3. To p'ace and contin~ously keep on the Lu~..1~~ gs ~wvi or i:rie~'~er ~rtuete on s~~d iwnd enil un ofi c~+~~N~~.~'~~i a~~d pe~aunu:~y' co:.:•ccl by this mortg-
ege. w~th all prem~ums ~hcrcon Nad ~n fuil, 1:ra ins_i~~,:•• ~n tn~ „s..~1 s~enn.,~d ~:o:~cy }onn. in a sum .,~.proveJ 6y the MUR~G:.GEE. and w~i•dstu~m
;nsvrance in the uwai sfanJard pol:cy form, in a+u~+i apf ro~ed by the MCRTG:IGEE, ~n such company or companies at thc h50RTGAGEE may r.,,
d~rect; and all fire ar,d w~nJstorm ~nsurance pol~c~c•s on any oi s~~d b~i~d~~~gs, any ~nrerest t~e:r~n or ~>art thareof, in the ayg~r9are wm ato~esaid q~ `
~n eacess ihereof, i~~ali :ortain the usv~l sf~• ~l.~~d morn}_+g~~e c~-~use or s~ch uiher c: ~use as rhe A~orr9a9ee mey :eqwre, ma.u.g ti~e ~oss unde~ s~~d polN ~
c rs, each and every, pa~.,b'e ro said A`.ORi:i:'1vtE as ~ts u~i~~.st ~~:ay ap~ar, a:~J es:i~ ,.nd e:rry ~.,ch H:.::cy sF~al: 1u prw~ otiy a~s y~cd a~~.d d~~~.•e~~d +o ~
nn~ heid by sa~d ~dOR(GAGEE es funher securrty ~o sa~d ~~.ur+y.;ge deus, and, nor :~~si ~han ~en (IOi da~s ~n aJ.ance ol tha rxp~~at~o~ oi each pot~cy, to dr
i~.er to Sdid f,SORTGAG~E a re~,eNat ~hei•eaf, foyr~har with a rece~~~t for ihe orEn~~vm o! su:h ~enewa!; and the:e shail be no f~re or wiodsto~m inwrant!
n!:,ced on any of sa:d bvild~~g~, any intereat there~n or pa.r ~hereal, ~n'rs± in ri~z fu:~~~ a~~d v:~~h n,e icas par~i.le as aforesaid; and ~n the r~ant any sum ~
ot n~oney becomes paya~~ie ~nJrr ticch policy or poi:c~es s~~d P.tORTGAGEE shail have ~he cpt~on to ~eceive and apply the sanle o~ accouM of the indebted-
r.cei Secu~ed here'Jy or ~o per~~i~t Sdid MURTGAGORS to rcc_~vC ar,t~ ~se it Or an~ ~;.~rt t~+.•:c•J~ 1or C'r,•r ~_wt-c,+e5. ..~ti~o~l te-~,r.:,, v.::.~ .A~
any equitt, I~cn or right under or by viriue of th~s n:crtgaga; and in the event sa d fd'J2i(~AGORS shall :or any teason faii to kcep the sa~d premises s0
~~wred. or fail to do~iv~r prJinplly any of se~d poili:es c1 S:uu:a~ue to aa~d l!O^nTGAG~E, er ta ; p:omptiy to ~»y luity any prem~•,,m therefcr or in any ~ w
_:t fjii to perfo:m, d~scha~ge, exewte, et!eu, co~~~~-:c'r, co.nNly w~ih and a:~~ue b~ vhls cove~~ant, or any per~ hcrec~i, sa~d MORT,^,AGEE ~uay p~ace a~~d
, io~ s~tl~ insurance or any pa~t thercuf w~thoW wa~v~ng or aEfec!ing any op~~on, I:cn, equ~~y, or r~ght unde~ O~ b~ v~rlue of tlus Mortgage, and ~ht r~.
~~no"ni oi each a~=d e,e~y such par~nent u~all be ~•~+~cd,ate!y d:,e and pay3b!e a~~d s~~a~l be+r m+aiait frorn tha dote thereof un~il p,,;d at the ra~e o1
. ~ ~ . _cn!urn ~ . a~~,:,..~~ ~~x! . ;~.•~l~.cr ..~th ;s• z~:_~i~ sti-..ed 6} ihe Iren of thii mortya]e.
'4. io perm~t. comn,~t or su!(er w~s~e, in.a~~n:.enr or d~~r•~;ora~~on af so~d NccF,erty or any Harl thereof.
S. To p~y aU ,nd singular the cos!s, charge5 ar.d ex~,~ns~s, ~nclud~ng a reaeonab!e anorney's fee and ccsts of abshads oF t~tle, incur.ed or paid at
tI ~:c by s.,~d r~t~RTGaGEE, i~ecause or in fhe e.an~ of ii~•_ f., ure or~ ~i,r por~ of ihe s~:d hSOR(GAGOR w d~iy, p~on~ptiy and fvuy per'orm, d~scha.ge.
.:~_~!e, elSec~, ce•~~~.:ete, co:r,ply wnh and .:t.'e!~ by e:~cti .~~,d ~~.ery the at~pulet:ons, ayrre~:~ents, cond~t~ons, and cover~ants of sa~d pra.u>sory note and ~his
~~3ege any o~ e,'her, ;,::d s~ d ccwts, charges .+nd ~~E.<~~scs, rach and e~e-v. sha.~ t.e ~•~.med~ately d~e and payab,e; whether or r,ot there be no~rce dt
atrernpt to co.+ect or 3~it p~~.d.n9; and :ha f~i1 an~ount oi each and evrr; wch p„~mem sha11 bea~ interest fiom the date thereof until paid at the
_,,;,:,r F;er ~_n;,,.,• ~ u.~~ ,.~,.i c:~s~s, cr..~ j~,s o~ i•., s-_n ::~eu.rc~ cr i:a~d, toyrti,er w~th such uuerest, shall be sec~red by the hen of th~f
.~~age.
6. ihat (a) in th~• even~ of any b~racF of fh~s !L:::rgap~ cr a~~iau:t on th:~ nart c? tF~r M.ORTG~IGOR, or ;b) in the event any of sa:d sums of mo~ey
~-~c~n ~refe.red ~o be not pron p!~y and fu~~~ Fa~d :.~tl~,:~ m~~fy ~3. d-~TS next a~~•~* ~he sam~ se.era :y beco~ne due and payabte, without demand or notite,
c) in rhe event •,ach and e+.:ry st~,,v ~t~o~~s, >~~recments. to~u t,c s and cover:a•~ts ot sa.d promiiso~y note and th~s mortgage any or either are not
P'omptiy 3nd f~!;y p.,•!vr,naJ~ u._ :~3 ci. cr'" •t. ~J, e{t.,:tr:i. co:ni~• _:rd, co ,~:i v.~tn ai:d at ded SY, fhen in e.lhe~ or any S~ch event the said ag
~~re s~m ment:::ned in s.3:d pro:nasc~; nc~e +~~n ai,•, •g cr.:.a,d vf~r^ i~:ta:ra;;t .;:u.,rd, and a~l monrys secured hereby, shall becume due and pa~-
~ fort!~.v~th, or inereaf+er, at ~iie cr~•~o:~ d M1'i;R1GAGiE, ss t~ti ~ a~a c~m; _•'.y as ii o:i ef tr•e sa.d wms of money were or~gina:ly st~p~~ated
r~.. p.~.d an such ~.y. ar.yt!,~..} :n ~i _SS~ty :~1_- u• +r t'l~y ,:~q~ao ro tt~e io.~~:ary not::~tns~and;::g; ai~d thereupon or thereafter at the opnon of
u MORTGAGEE. •n~r1::.~r rot;cr o• de:~ ~:i s.~t at .~n cr ~n rqu~t;. r~e~efnrr or tr-..r.,j!trr beyun, may be prosewtrd as if all moneys setured hereby
. ~~~arv+ed p:~cr tc As ins~~tu~,on.
7. ihai I~ ihe c~•:nt rhat er shc 6~•y!••~: ~•q ' o: a! a:.~ ~d:: g,;-~y s~:•' cFc^ thls liortgage, or to ioredose it, or to refo.m it, or to enforce
.
..:ent oi any ~~~:ns +~e~eu~:d 3dK~ r:~.'~1RT JHJ:'. .''.l: !o ~~,:r~ h.:~ ~y ~a.o~ tFereot for the appo~ntmem oF a Receiver, suth Co~rt s~ail
..~vh .~;.;-u;..• a~~,_ .er c' s: d rr~„ga3~:i d,.. s• ~ i c_d . J~~d s~~~',ar tre ir:com~ peof~ts. issues and rever.ues from whatever
_ d~-..~'1, e.:.h ar~d e+ery et ,~n:;h, ~~.:.g ,.:s i ~st._:;~ •t _'q~~°~ as if spec:fical~y set for~h and desvibed in ihe granting and
.d~m ~ d~SfS tier~-r~!, ~i~d s::cti R~:e+v sh;~:~ h-* e i fh i r•c ~ e~i~1' .e ~•~s anti pov.ers in anywise ent~usted by a Covrt to a Rece~ver, and
•~;.,.~~~,•~nr~t s~+;: rti~ ~n.,Jr ::y s~ch tr.,•* ~s r~ ,d~~:+e~i ,q_:~~ .:•n d"'d~1Cf 2OSO1V1@ r~ghr ro sa~d MORFGAGEE, and witheul reierence to the
, :y or n:a-l~q,,acy of th~. ~•j;~~ ef ri~: ~c~c; ~rty ~r:o~+y •yed ~e.e . _ . _c• • _•n,/ o( sa~d MOkiGAGC~ or the defendants, a~d that svch
, prer~•s, ~:~cane, us~es and re.e~,~es s:~a' oe ~Er:~ed 6y s,~n R~t~~~.r ;.__..:',g s;, tne ~~en or ryuity of sa:d M02TGAGEE and the prect~ce of such
,-r.
9. Te .i.,'~, f.r;;--; !:y ~nd fu'.'y Fer'wm, d;zcF~ar;e, exe.ute, eifecf. co~np!ete, w:~ c'~ n!h and ab~de by each and every the stipulations, agree:nents,
n,~.s d w.ra. ~;.~.z ::ro:r~,sso-f norr: d ti•s ;r:.•~:g.~:~e s~-r ~orti~.
q. ':._,t ;h_ _:,..~..c' c4 r., r^,c.~•gay_d ,re~- ss•s. or cart t~<,r.-ej, c.~co.^es vested in a person othe~ than the MORIGAGOR, the
, .,>_E , , .,.,~,s~' s ....i . , , . • c. r,.. :~:~;'G ~OR. de~: ~+.-~;~,..~:n svccessor or successor ~n interest .vi+h referer.ce ro th~s
;:,y _ + •'r.~ J-i.t :i•e:,~ ~ _~~t~~ . _ _r as•r, th :..:~•~ago~ v:~thcut in : ~vay vit.ating or d~scharg~ng the ~dortgagors" liabikoty here~
~ o~ ,o~: d:'~• _~,e,' •.^s h~~ro, -nnitya.c•d a~d no !orbearance on ~he pan oi the MOR:GAGEE or its successors
-t;.s i ,d . _ -,•~r= :.t •i ;i ~ - , ~ ;t e b• F:••<<~bi ~rwred u~v~n b~ the fJORTGAGEE cr ;ts s~ccessors or ass;gns, a~~ail operare
, re~cr. d sct 3e, :d:~~ cr .~`ccr n e c , 3:: of ti•~ A',ORiG.AGOR i~ere~n, either in whoie or in part.
la h~s s;.~- `~•~:y p~•~•-~ st t•~^~• ~s c° +i,~ <;;e~ ce of ~I.:i co•:rracr and that no wai~er oi any obligat~on hereunder or of the obligation se-
hareo{ s.`~a'. :~t ao~ t•r~•e r~e'ter L~ i~.~~ ~i t~-~ b~_ a•._.,..~~ cf i~~~a •?c•r~s F.e~e~f or of the ir.st~~;reM S_cured herby.-
k t i 1~~ • . r.d s~ _ • d by t!,c p•cro s~.^.ry no'e secured hz•~eb/. morty-a~or covenants
E ,.s e•, , , i _ , ~ . _ ~ . . , s~ • . . ..i br r-.c~•~g~gee to be equai ~o l, 12 of the a:,,,.,ai cost of the foirow-
i
~
[ A -A;I re~ . 'cp+~rtv t3x=s ~ o. sse~~u~ .~.s~ _ dESt~ i ~_al 5':~t~
G
; ; F: _ . , . . . . . ~ ~ r.~ ~ , ca-. . d ~ ~h~~ m~.rcve•nents s:!~ate on the above d~scribed prem~ses.
F
q ,
~ P~.. . ~ c+ 5.:_h _ , . _ , _ , _ , ~ s:.,': .r:.r ro ~ ~.r drem i~t to carry on tFe Iean secvred hereby.
S , o .:3~,. s. - ~ ~.-:~,~,g ci :i:e . a.:^.! ~cl asya!~(e he~evnda• and svch sum sha~' thercupon be due and
7 d~ ; . , > j e: c'. . __..e ~ o•. F- o~'_• u: mert~a~ee sha?! not,fy mortgagor of a change in Suth
; ~~r_ S~ch s_~~s s~~. •_r~ ,~~•l. ~~c:.~ c re ~,s,~r••n; of re~! pr~ce~•; taxes, insurancz p~r:n:~ms, a:~d mortgaye guaranty insurarce
~ `s
~ I'~ ;:IT':ESS :.N~kEGF ..e s-~~i :::Tv%-.:~'.:i ,as re., i:~z ns~,d ar~~ sea! ~re day and year first aforezaid.
e
~ Signed, $eafed a~d d_IE:-ered ~n the p+~~sence of:
(Seal)
y~ -
s - - - - - - - (SeaQ
~ ~ C - Q t,"7C~ (Seal)
~ ^ - T anda Jo on ~
M ~.~Zi:! . (Seaq
~ l
~
$ - = : E OF FLQRIDA ~
~ St Lucie _ i ss.
ph ~':lY OF -
s~ p,.
Before r~P pe!so^.a~.y ^Pr^eared - - - - - - - - ~.~V
.~4~D~QIL- end
~ __j~(an{~~Ip~gnn his wiie, to me well known and known to me to be
-;;:d~.ldua;s desc-:c~d in and ::hc erew<ed th~• for~~gcing instrun:ent, and acknowtedged beFore me that they executed the same for the purposes
^:a
<~:n expressed. And ths s=:'d--- ----~~lnda )otLn_enn
_ _ _ _ upon a se private
. of the sa~d - - - - ~tlb~t_ .ZOYIIISQII_----- - parate a~d
nar.on by me t,R~~n se~:a•ate ar.d ar,art 'ro~n t~er SaiC~ husband, atkn~yi+iedgeC~ to and before me that she executed said instrumer.t freely and vo~un-
. a~~d •r..tFo~t any co.~ ;,u s~cn, ce~s•r;,.~t, a::prchens.ern~, r fear of or irom her sa~d husband. '
_ :riT!:~~5 m~ he„o ar:d of'~c~.~' seat th s - 6-J'!~%-----. d;y °f MdYCY1 - . A. 0. 19~~-
-
Notary Pubtic ~n and for the 5t f Florida at large
_ h5y Commission eapires: ~ 3 ~ 6
R?:urn To:
First Federal Sa+ings d lo~n Assoc:~7.o.^.
> Of ~c t P •c• : .
~ fi~EO pNU KECOROEO . _ ~
' Fo•r P _..c., f. • :l~ . •~~r
ri gt.IUCIE COUNTY FL~?. j,~~
R~G~F ?Dl1RAS ` - ~
_ CIE~K C?=,CUIT COUR~ ; ;
,':'~,,.1'lEl?~,r .
RECC~c:~ V~ktfiE~ ~ - =
- This tnstrument Prepared By William J. Forbes ~'~""''7 • ~
First Federal Savings & Loan Association ~ 1 , ( 113 ~ • ~
of Fort Pierce ~ Flor ida 33450 . ~ ' O:
.
303Q39 - ~ , .
~
= Checked BY - ' ' - '
.
~ . , . ~ - a~ 23~ 40?
- dz
:f+,i
'~''x':. . ~ > . . . . ~ ~ . ~j" _ . . . _