HomeMy WebLinkAbout2735 J. To pleto and continuoualy ~rep On ihe b~~'d~~~gs ?ow or h~~rea(~er litueta on s.+id land ard o~ •li equ:~>:nr.nt rnd pt~sOnali'/ torr~ed by ihil mwlg-
ege, w~th all premwins thrrcon pa;d ~n (u~l, f,rr uiav~o~~ta ~0 1hr ~s~al ftaia~ard ~:c~it/ form, in a iu:n a+.Nrc,.rd b/ tha MGk~v..v[L, and winds~orm
nsuronct in ~he usuai s~a~:d~rd poLr~ fwm, ~n e:~m ~ppru.rd ~hr .MORIGAGEE, in ~uch cen,pany o~ co~npa~~r~ as ihe MORTGAGEE rnay
d~rectj and all fir• and w~ndslorm ~nfura~ce {w;.c~rs on a~y of t~~d twi;d,r,y~s. •ny mtercU ~he~em ur pe~t thereof, in the ayq~rgete •vm atoresa~d or
in rxceu Ihereol, shall :oma~n the ~su~l std~~dard morrgagae uavse or tuch of~~er c'awe as 1he A1v~tyayee mey reyu~re, mswing tt,e ~o~s u~~dar sa~d poli-
clns, ~ach ond every, payai,:r to sa~d hti;Rli,AirEE as ~n uacres~ r.~oy appe:ar, a~~d each a~.d every +vch yo~~c~ sha'~ be pron,Nity aug~~rd er.d datrverad ~o
an~ held by sa~d MORIGAGEE es fu~~ha~ secu~~ty ~o aa~d n.ortye3e d.ut, and, not :ess than ~en (l0~ dars in aJi.,~ue of tbe exp~ratia~ ol ea:h ~GC/. ~o d~-
I~.er to said MORfGAGfE a(l~1c'N'dI ~F1tfE0I, toye~her w~+h a rrce~pt for 1he prrnuum oF su,h renr~vai: ar~d ii~~s~e shaN be no Gre or wl~~d+~o~~n insurance
p~aced on any of said b~ild.~gs, any interest thero~n or pa~r ~hareol, un:~~ss ~n ~he fo~n, a~,d w~+h t1u ~~ss pa~o~;e at a!or~seid; artd ~n ~he e.ent any s~m .
of money becomes payable ~:~der s~ch potie~ or pa~cies s+~d MORfGAGEE aha~i ha~e d~e op~~on to retaive and apN:y the same on account ot the indrbted-
re~s se:vred hercby or ro per:nit sa,d ~AURiGAGORS to rcc~•ive and use it or a•~y f~: rt rl, •~of to~ c:~.. r~,u~; .:s~~s. :.,ti:p,:t th yv.:i.. ~ or <<~:p.,u- +y
' fn:~ any equ~ty, I:en or rlght und.~r a by wnve ot fhis mc•'gage; and in ~he evrnr sa:d M:iit1GAGORS sha!f !cr any r~~wn f3i1 to krep ~t~e sa~d p~emis~•S so
;u:,rcd. or fail to d:'~1er p~~:rpNy any o} s.~id ~ai.c:cs o4 iruc:ance ta s~:d A',CR'G~G~E, cr f~i' p:~~t:p~ly to pay ~ui:y any prem~~m therelor or in anY
rrnpeU fail to perform, d~uh~rge, e~ecutr, r~fect, ca~~p~ete, cooply wi~h a~.d ab~~e by th•s covena:~t, o~ any pan hrreof, ae~d MGRT;,AGEE may piece j~:d
tor wch insur.~nce or any part thr~rof w,~rhout waivi~~g or affec~ing any opi[on, Gen, ec:•ity, or .,~M ~nd.rr o~ b~ vutue of th~s Atortgaye, ar:d the
!;!i emo~nt of cach and e.e~y s~;h pa~ment shs'i be ~~.:meJrotzly due ar.d pafah!e and ihe:l bcer ente~est from the date the~eof untii pa~d at the rate ol
~ per tentcm per ann„n~ a•~d to~_•tr.cr .~i!h s~.h ~„eer~•~r .haf~ t,.~ s~~t..r.~d t',y the :~e~ of ih~s mo~tqage.
4. To pern,i~, commit cr sutier ro w~s!e, iii:pa~n:ient or dc~rr~orlNon of sa~d property or any part t?~ereof.
S. To pay all and iing.~lar rix coits, charg~s ansi e,pensas. ~nci:,d.ng a redsenai,le atiomey's fee ana costs of abstraus of title, incurred or pa~d et
ti:~:e uy sa~d ht(;R1GAG=E, Lecause or in ~i,e e.~e:~r of ih~ fa.;,;re on ~i~e pan oi ~i~e sa:ti h1vRTGAVOR tc d~~y, pro:np~ly end f~Uy perform, d~scnarqe
_•,cute, effeU, canplete, ce:npty w~th ond ab,de by r~:h and every the atip~~at~ons, ag~cen+ents, condit~ons, and covenants of sa~d pro~~~usory note and thii
-:~~~gage any or either, a,.d s~ d costs, tFur~es a~~d eapensrs. ee,h aod every, ahatl be ~m~~:ed~etrty d~e and payable; whether or no~ there be notice da
.,,ri arro n~ ~n ni~nrt .:r ,.,.,~I~~... _.,a e6o F..11 ..i ~6 . .6>it l.~a ...~.,.ve~ 1...,.. du .1a~n du.m4 n~:l a..l a~ ~i.~
- rn ~ n. . - o~ n w.... a.~.n
- . : " - . ' _ _ " . ' ' _ . _ ' + ' ~ _ ' ' . . _ _ " _ . ' - _ . ' '
~.ne par cc~n:,,•n F..~r ~,c: s.~.ci c.ses. u..r~rs ~::ci cx::a•u5c3 incurred or ~~a dTtc,~~iher w~th such ~nterest. shaii be secered by the Len of thit
„o•tgagc.
6. That (aj in the event of any breach of this Mur!gage or defav:e on the part of ine MORTGAG^R, or ;b) in the event any of sa'd sums of money
h~'rcin referred to be not f•rou•yt~y act! fufly pa~d :.~~h~n In.rty ~3~7 d.+rs ne,.t a~t. r ti~c sa~ne scre~a:By becume due and payable, w~lhout drmand or nohte,
~r in tht event each and every ~he stiuu.at~<~ns, a~~~ee~nents. ccr,d::~o~~s and curenann o` Sd:d FJ~on'~~SSGfy nofe and th~s moitgage any o~ either are nol
pro:~.F:+ly ec~d iu ;,erform~•d. u y_F~a•~•::i. ere:~!~d, erlr:red :o~:~F,:eted :c..~y., ,,:d +.~t~~ and ~i:~ded then in e~ther or any s~ch evem ~he said ag
~:ite wm meM~u:ucd m sa~d f:ro~~_~~cry nc:e ti~~n r.:r a~ni~ g ~n~ a~d. .•,~th in!er.•;t ncn.:~•d, and al~ rt:oneys setured hereby, Shall bi:come due anc~ pay
: forth.vilh, or tF~errsttet, at Ilu_~ cn!~;,n of se~:l i: J~2TGAvEE, as fv y aru2 c~~n~.'.~;~•~y vs ii a~~ el t'~c sa•d sums of money were onginaily lt~p~leted
„r pad cn wch d~:i, ,n~ti,~rg ;.~,i i-::,y no!e c~ m tM:~s ;Ao•tgeye w~h~ co~,r•ary nor::.~hssa.J~~~y; and ~here~E:on or th.:reatter at the op~~on of
i .,~R•.:,1G.:. ; . s.,,, r ~e« .
~ aqa:~r. ~i,~;~`•..~~ ~~,~~~o~~~~ t~y..-, ~~~a~ 'ue pros~i..ied as if a:i mw~~s srtu~e~ hereby
~~iatured pno~ to ns i~st~!u'+on.
7. ?l,ar ~n me e:r~» •h.r. at t;,e ;f ~r a~ ,~~,Y t~,~e ~~d~r.g a•~y s.~: this Mor•yage, w to foreclose it. w to retorm it, or to enforce
,~t of a~y c~~-~s ~~~z. . i.... _,.d ~1'.: =•i:;-:G: ,;.~r io Co~~~ 3,~-~sd u;on ihcrca~ ior ~he appo~ntmem of a Re:eiver. such Court shal!
:.irh . i.:,~at ~ n.;._,. ~ o+ ,•_-~i , ...d ;r u. J n.~ , a,r. s~ny. ar ~i~e inco~i~r. Dro1~ts, isdues and reve~ues from whjtever
d.r~:,.-d. ~r, „ ,.f ~ ~ n: , , . , , .-x , , :d~,~si•.~:,•3. ,s , _ , : _~y~d as if spec~ficaily set forth and described in the granting and
1um c'avses F.erz•ct. a•~;.+ s.,:~ 2~c-_~.er sh~-,::yf.~.; n,: tc,- u•,.sci ,.:ci r*`.:c•..y ct,u:~s ar,d oowers in anyw~se Cntrusted by a Cwrt to a Receiver, and
•E-Fu~~~+r.-~n! sh,~! b~- :~:.id~~ t~ s~cn Cc.,•• ..s ,n .~d~•:;:~~d equ,sr a;~c1 a r~,r.~-r of abso~~te riyht to said M02TGAGEE, and winc~~t reference to Ihe
,__,y or ~~~adra~ac; o' _;3._ ~i • rc;,erry ,T~~.r_~,-7~•ci c~ r> s::e s_,..,: _ ~,~;o:vency o( sa~d MORiG:+GOR or the defe~~dants, and ~hat sueh
prC+~~s, ~ntO:r•%~, :ssu:s ai:o <<.•,~.~~~s i ee a~.~;:~•~d c;~ s:ci~ R~c-..r~ x_:...i...g +o ihe iien or equity of sa~d MORTGAGEE and the pract~ce of such
8. ie d~'y. rrom~ T.y ar.d f~i y; er'on,;, d s_~~~•.~e, exe-~~'e, e."~:t, co•rp:r~e, co::.,,'~y •n~rh and abiele by each and every the stipu;ations, agree:neMS.
e~s and ccvenar,rs s-_~:i ~~ro~~,ssory n::•P a::d ~i::a ~m„-sy~3e se• cor.h.
9. ?4at in the ev_ns ih~ ov1^e•<h:j; of the n~crrg.~g~d pre~~~tes. or any part IhCf~pf, E;fCCT.?S vested in a person other than the MORTGAGOR, the
- ~ri s::cc~ sso~s a~:u jss.gns, ~ ey, .4:•ho;;~ ~...+.cr to S'J~t'.v%-pR. d~~a~ ,~~;t, such wccessor or wccessw in ime~est vr~~h reference to this
•~:ye a• d N~•: d~ot hc,eby s~.curz~ m tne sa:rr n,~~ ner as :.~•h Rter!g;^yo. wnn,ut any way vlr:ating or d~scha~ging the ldortgagors' liability here-
• or u,:,~ the d~be hc,eb~ s.~cu~.d. 1~c s„e o~ tne c~e:~~n.-s hcrebr r~~ortgaged and no for~ea.anee on the part of the /ApRiGAGEE or its suecessors
~~'~~~s a~.d ~v exn_.s,~~ of r~., t;.-,:, E~, thr- rry~renr c! rhe d~r~~ h•~~eb; secured g~+cn hy th_ rhORTL',AGEE or its wccesscrs or asslgns, a~~ali cperate
: e~se, d:sci,arge, mew+~f~ change er a'~e:t the c~ ~,~„i I~ai-,i t~ p~ i:,e I.:CRiGAGOR he~ein, e+ther in whole or in part.
10. Ir h SGCC f:C+:ty 3g~ed rhat r:•re is o! rt,e essrn:e oi ~his :o.t.acr a~~d ~haf no waiver of a~y obt;gaNon hereunder w of the obiiga!ion s~
:••d h_reby sha': ar ,ny ~i-e Th~reafier oe r.e:d to be a wau~•r of rne !erms ~ercof or of the irst~umem secured herby.
, - r. ~c!s , .
11 In a:~:~ i-_ s~ e icr, ;...;,~,t~, ~ ~r,d rec;: ~-ed ny the p~om, sscry nn!e s:cured hcreb~, mo:ig3gor covenanTs
~ _~~ees to pay ro _ ~.~~h •.ach ~;i, r r:.,:• .,,r o-.a ~s~.:, ~.d 6f mo.•g;gte to be eqvai to l, 12 of tSe annual cost of the fo~low-
A-A!f ~.ai ~.opr~t/ tarss len,•c' or assrs:^r3 a?.+~,s• •_c ai>-.ve d•:sc.!'-,•d r:at es!a!o. -
5 G• . , _ : ~n t~ ~•~3 •r.!~:c:st:•,;n .~•s: • . ~ , -
,s .~-q~~ to be ca•-;: ~1 c-. _~c~_roveme:vs s,ruate on the above dexribed premises.
C-P~e•• ~~rs cn ;~~•_h m.,r+y:ge y~,era~:t~ ~r;~rerce as mc~tga_;-~e s:~a?f 4re. r me to ~~me derm fit to caery on the loan s^cured hereby_ ~
i i
.',orty,~.-e r~. .:::r. r, r, ,c nc•~f~ ,,cr•~ag~• wnf.r.g of +he a~:.o~~.t cf,;c ar,d payable hereundrr and such wm shal! thereupon be due and
~ on tf,.: cl,.- :i.,~e e~ +h.~ r~~<t t~~., _~r ~~d~e;ch su_c:-ss~~e --.o-:~h r.,~~r>a:~er ure~l mortgagee sha!i notif~ mo:tgagor o4 a cha~r~e in such
Su: ,•,,•r.s si , ::e a;.; ~cd i; ~..:;r•g, j~ rc:.a•d ri-:e Nai:r.e~t of rea' pr;;ce:rr taxes, insurance p~en:.ums, a~~d mortgage anty insurante
r s.
IN ':ltT~`:E~S ':.N_~:OF, '..e sa d r;,,;R;v~~_%k has nere:r+to set h+s hocd and s ei the day ar,d year fir af said.
; Sig ed, $ealed,ar,d de. e~ed in the pree?nce o1:
~ ~ fIL: ~~1- n ~~JR~1F9
- sT LUCS: :~~~JM7Y FU- Sraq
3 flr~a~~,!+ft~sG~_- - - RLf.:~ _.~~Tii~S
a - Cl^G' • : ~ CMlRT ~ Sea1)
a - ~s~t.. • :~F~st ~ - (Seal)
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- - Sesp
~ : _ F~oR~oti - _ - MI~ 2J !"l oi PM'75
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St. -Lucie -
~ -:7Y OF - - ~
Test and Gaendol n Test his ~rife
~ Before mC persOnz't~ ap;.e.~red A1frQ'd L•__ _ Y
- - - • and
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- .~lI~)l~._S'iilLancl_Maraalette Gill his wife, to me well known and knawn to me to be
~ d~v'~dua~s descr~b~d ~n and v.no e~ec~~cd the fore9oing insvument, and acknow:edged before me that they executed the same for the purposes
e: n expresscd. Ard rh~ s,id.____~h?Q.~S~Q~.YIL ~@St and Marqalette Gill {
~ Alfred L. ?est and Ji~u C. Gill ~
of the sa+d __Y upon e separote snd private ~
g -:~at;en by me t,K_n separate and apart from. her sa~d husband, acknowtedged to and be(ore me that she executed said instr~ment ireely and volurr ~
~ ~ a~,d w:'hout any cornpui;~en, co-~stra~nt, aF~Frehens:on, ot fear of or lrom her sa~d husband.
FS '.'itTNc55 m~ hand end off;c~al sea~ th+s 25th--- _~~y - - M8IC~1 _ A. D. 19 7S ~
Y ~
Notary Public in d r the State of Fbrida at large ~
My Commission xpires:
- Ret.~rn io: ~ . , - . • . ^ .
st Federal Sa:ir:3s 8:oan A.;so- ot.on h' . ' ~
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fe,r Pf~:rce. F:c• - ` ~
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Th+s Instrument Prepared By Ge~ry F. Ellwood ~ .I
First Federal Sa~ings 8~ toan Association ` t~.~~
0 ort Pierce F lorida r~t~ c~ c~e~ P r"• ,,,,1`'~ t-
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~ bOCX ~J~ PACE (.+7JJ ~ ~ r~ _
Checked BY - - . • 1 , -
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