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HomeMy WebLinkAbout2737 To plece and tontinvo~ifly Mrrp on fi~e b~~`d~r,~i now o~ ha~eafiC? tituate t~n fe~d I~nd a~d on ~G rquip~r.rnt and p~~sunalty to~r~cd by ~his ma~¢ •ye, w~th ~II premiwns ~hrreon pe:d m full, hrc ins,,~a~„c ;n ~he ~s.:~t sran;io~d No'~cy form. m• w~n aHNrovrd by the MGk~G.:GtE, a~~d winditorm ~~~wranc~ io ~he uswl stanJa~d pol:cy Iwm, in • wm sppruvrd by ~Aa MOAIGAi,EE, such com~eny oi to~npan~a~ at th~ ht02TGAGEE may d,~r~t; a~ all (ire and w~nu+rorm in~wance polic~af on any of srd bu~~U.~~gs, any in~arr~t there~n w part thcreof, in tha aygregate t~m afpresaid W ' ~n e,~cess thereol, ~I~eU contsin Il~e usual s~nndard mWt~~grt clauts a s~.ch al~e~ t'eu~~ ~s 1h~ 6\o~fgagte msy ~rq~~re, mak~r~fl the :ou u~~Jer ~~~d poli- . res, each and every, pay,,~'e to aaid MOR(GAi~EE as ~n~~r~•s~ moy appea., a+~d eacn a~~d e~ery wch po~~c~ shail be pron.priy ass g~~ed e~~d drl~~cred ~o any held by said MORiGAGEE o: (uriha~ securiey ro said mortg,ga dcbt, and, not •~s• than tsn (l0) days in ad+ante of the eapuenvn of eech po~~cy, ~o da- i,~rr io seid MORIGAGFE a~enewal thereof, ~oge~her ~n~~h a rece~pt for ~he p~rmium oi iucF+ ~ene~v.,l; and thr~e shall be no f~re o~ w~ndito~m insur~ncs placed on any of sa~d bviid~ngs, any imcrest therem or pa~t thercof, un'rss in ~he fonn and ~v+th ~he loss pay~Lte as afcresa~d; a~+d ~n the evenl any sum ef money bccpmzt payable ~nder such poi~cy o~ poLc~es sefJ MJkiGAGEE ~h~ll have ~hs op~ion ~o rece~ve a:~d apply tM ~s~oe on aico~n~ o( the i+debted- ness setured he+eby O~ IO permit ~e~d IAURTGAGURS t0 ?eCaiv! ind uf! i1 W uny Ihricul fOr Otn•'r ~vr:~o;el, v..~h9.~t thrreuf 1~:rn~~~ O~ nn~o~r- ~~g any equity, Gen w r~yht undcr or by vir~ue ol thia mo:tgage; and in the eveM sa.d MQRTGAGORS sha!I fo~ any reason lail 1o keep ?he sald prem~scs so ~~~wrrd, or faii to deiivrr proznpliy am~ oi sa~d po+~ues of insurance t0 sa:d MUK7Gi~i,tE, or ~a~i promptty to pay f~ily any pre~~uum thrrefor or in a~y ~ r~•sFact fail ~o per(orm, d~scha~ge, e~ecv~e, eflect, comp!ew, car.piy with and eb~de by th~s tove~~ant, d any pir~ hareof, iald Mi.rRTGAGEE may p~ace r~d ~ r r~a. fw such insur.inca or any part thrrecf w~rhout wa~ving w affec~~ng eny optiun, t~en, equJy, or ngM unJer or by virtue of this Moregage. •nd the '~;I amount oF each and e.e*y such payment shall be E~t~~.tied;ate~y J~e and payabfe e~~d shall bear inrerest irorn the dete thcreof u~dil paid at ~i~e rate ol , e Ner ttn~um per er.num a~ic! ro3_ti .vrh suth iu!er- s~ :ha1: be t^.~,;ed by Ihe i~en oi this mortgage. d. To pe~mit, commit o~ suffer no wastr, impairrnrnt ot de~rrioro::on of sa~d prcpe~ty Or any part thereoF, To p+y all a~.d si~igular the wsts, charges and expensrs, ~nclud~ng a reaso~+aule atrorney't (ee and costt o( abstrocts of titte, incurred or paid at ; tbr.c by sa~d MORIGAGEE, 6ecause or ~n rhr ever,i of ihc fa. urr on ~he part of ~he i~:d MORTGAGOR to duty, prom}•j~y and (u~ly perform, d~scharge, :vta, effett, cemplcte, comply w~rh end ab.dr by eacn and every the sliH~iat~o~s, agreem~~nta, conditions, and covenams o~ so~d pro+n~isory ~ote and thi~ •~yoye any or e~ther, ar.d sa d costs, cha~ges and @X~:Eiliri, each and eve.y, sha~l be ~m~ned~alrly d~e a~sd payable; wherher or no1 thrre be notice d~ : • _ . . . . , ~u.:~ts . . . . . . -N y.:...,.,y, o ~,~;u e~..:~ a~:s: Nay~~.~s:: a~~~u ..f.., u::c;ES~ :~w~i :~we ua~a w u: s~.: ~ -~.u i..r .u~. a;~wu~~: V; E~.~. :i.e~ktii. Wtii= µii fi ti.r n~ne per ccnturn ~r~ .,n:...:n, „nc ei: :~~e1 ce,s~s, ~i:a: jes a~J ew;;c~~s•,s nwrrrd er pa~d, toyett~er ~v~th such mterest, shall be setured by the Gen of thif _.rtgage. 6. That (a) in thr event of anY 6r~ac`~ oi this :~Scr~gage or drF~uh on th~ ~rt o/ thc N.ORTGAGOR, or ;b) in the event any of sa'd s~ms of money h.-r~in referred to be no1 pro~~~ptl~ and tvlly paid •ti~~i:~n ~h.rty ~30i days ne,ct a~re~ the ;eme se~erafiy become due and payable, witho~t demand or notice, ci in the event each and evcry ~ne sh:~u~anons, agreem~n~s, cund.r~uns and co.enann ot sa.d prom,iswry note and ~h~s mortgage any p~ e~~Fxr are not ;:rorrprly and tu?:y i'erform•_.;i, ciy_::a.~~.,d. ta:•:~ted. e~fetted, co.n;,:e!_~d. c~~n;>:.ed ~.ah and ai:~dad 5y, then in e,thei a any wch event the sa~d ag ;.~•a sum ment~oncd in sa~d F~rom ss: ~p n,,~e tnen rem~a~n.~ig ~npa~d, wnh ~ntcrrst act:.:rd, ~~~d a!i moneys srcured hereby, ihal! betome due and pay _~c.•ihw;th, or ~i,eree!~~•r, at fhr c, r.~~ u4 s.,.•:1 L,vRTG:.G~E. as ~,::t a~ul CG~n~> rT~iy as U a!I of ti,~ sa~d wms oi money were w~g~na~ly snpu:nted pa d o~: such dcf, a~~th~no ~n s~ u~.~o ~i•ysory r.;:t.~ c:: m thii lr!„~~ga~•; *o t~,e eonnary nor,v~~hsra~d~~+y; and ~hareupon ar thereafter at the opt~on of .'.•.ORTG.:~:E,- v.:tE:c;,t ro!~:t c• ~~~~~~d, s~~r a+ Iarf or in equuy, tnerrfore or thcrea~trr begun, may be prosew:ed as if all moneys secured hereby - , ~•iatu+ed'pr~er to ~ts insi~ti,!.~n. ~ 7. Tha~ in the ev~~r:r •hat at ri~e F:ey.~•n ~;g ,f u; at eny t~:-•e p•. nc!:~~g any s.,~t uj:on this Mortgage, or fo ~weclose it, o~ to reform if, or to enforce 2 ent of any cs~ms hcre~r~c~~r, s~id ^.',:_iR'Gr.i,t z sha i,; r'y to tt:~~ C.~,;r~ howny ;~r~SdKtiOn the~eot fo~ the appo~ntment of s Rece~ver, svch Court thail ..;rh -~:~t a _ ,:er ~f s.•_e! _ ;•lcd : , :~~J .,:d s.n,Z„'ar, u.c:~..a •~y ~~~d s~~,~ular the ir.come, prolns. iaaues and ~evenues t~om whatever .e!~ved. e.:_11 arJ r~ c! vt~.~.~ ~.,y _ ._c; ~:~;/..r,. pd. ;s .'cbi n:cr'g.~+}e0 d3 i1 speC~f~telly !et forth and desu~bed in ~he granting and ,rdvm c:.;~.:er h.:reoE. ~rci s. cn 2~cc~.•~r si.a:: 'r.ar ;i~~ w..~c`., :d ciiecfive fu~c~,ons ared powers ir~ anyw~se entrwted by a Cou~l to a Receiver, and ,;.poi~~r.,e.,t sha1: ~~F .r.a ie br sucF; to,.~• AT e•~ ..d,,:;r+, a eav~ty ar,o a•~aner of ebsotv~e riqht to sa~d lV~ORTGAGEE, and wnhcut re(erence to the c~ o+ ina~~•G.,ec~ of t~,e vafue ot tne p-eF•r,ey rr.crr~~yed or ro ti~e so.~~~uy or in:~i~ency of said MORTGAGOR or the defendams. and that sueh ~ •s pror;~s, inccme, iswrs and rece.:ues si~.+ii ;~e aNp':~ed oy such Rrc~~.er ao_o~d: g tu the lie~ w equity of said 1AORTGAGEE and the p~actice of su:h S. ic clo'y, p.c~"~~'y a•.d f~.+.ty perfor:n, dischar3~•, pReCUtr, efft~t, co•nF:lete, co~~:N;,r w+rh and ab~de by each and every the stipufations, agreements, ,~ns and cevenan~s ~_j~d prcrr,is.o:~ ~:cte a:~d tn's rn~irgage s•.? iurth. o. TF:at in the e•~c-+ the ov.:~c+sh:r. of the n o•t'y-aged pre,.•;ses, o. a~~y pirt ti~er~ef, becomes vested in a penon ether than the MORTGAGOR, the • ~.:AGEE, ~fn auccssc~s ar.J as.~;7ns, ~nay, ,~::hout nc~~~e !o the VC£!G%~OR, dc•a• .;~:1~ such su[cessor or successo~ in inieresl witn reference to this :,:3e anu ~he d~•ut her~~•y s~cvrc~' ~n :n? sam~ n•,3nn._: as v:~tll i.1Jf~JJC^O' 'N~~i1J~1~ ir. any v+ay vit:ating or discharging the ldortgagors' ~iabilify here- ~ or ~pon tt:_~ d•_ot he~eai scw-ed. t:o s~ ~ ot ~ne F~e~~ ~s~•s h_reby ng~ged ard r~ fcrcearance on the pait of the IJIORTGAGEE or its s~ccessors ~~,s and r, exrers~on of rhe e,~,•~ TF.e rayn,er~~ ,f tt,c drbt i~crc•~; sec,reJ g~ven by the 1.'ORiGAGfE or its suceessors or ass~gns, ,hail operate ,se, d,scharge, mod~fy change er aiiect fhe or~g.r,a~ f..,c~'ay of tne !dJRtGAGOR I~erein, e~ther in who~e or in part. tQ N is spec f,ca.,~r ae~eed ~ha~ r~~~,e ~s of 1i~e rsser.:e of rl,~s ccntruc+ and that no waiver of any obligaf~on hereunder or of the obiigation sr ; s I~ . d'iareb~ sha:~ a! an, !~~:e shereafrer be r.,~:d to b^ a v:~~v~•r af the !erms t.rreof or oi the instru~ncn; secured herby. k In ocici ti~_• rurege ,g ~r..:-. r.:.,r_.,*, of rn:,, pa er,d i.r:rESt equ~red by the prom sscry hore secured hcreby, mortgagor tovenanfs ~ :~_es ro pay ro ~•:rrg ~;•:e v.:rh r.3;~ ~~,o:~~h' f aa, a^ ;d:S.~~o~al s.m _s• ,a!~d 6y morrgsgee to be eG~ai ro 1. 14 of the annvai cost of the folfow- ~ ~ A--AII rea! property taxrs fevu_c? or assess ~i 3~1~•'.St ;i~c aF.ove desr•ibe~ r,al e:•ate. ~ Fr :~s a: E,~w a.,,i v,i;;d;!~,:.~, .r,s..~3~ c~ .~s i,..: r-qu:red t~ b~: car~~• d c• ~h~ lmr:ov_meits s:tuate on the above d_scribed premises. ! _-Prer-,~;~~..s c:~ ::ch noct~,,ge g,.ara:~~~ ir~~r;~ ,norf33~ee Sh3I{ from ! rne to u~r~e deem i~t to carry pn the loan secured hrreby. ~ :'.ortqoy~e s~,_' '-~m .,r ro ~:-e r.r,r;r,, n.ur.~,~;.r :n writ~ng of the a~r.c~~t d~e and payable hereunder and svch sum shai~ thereupon be due and z ~ o~ :i~e c. cf t-> c~xt :~onth'; F,,y"'_••" ~nd e~ch successi~e n on;h tF.erea+ter ur.tif mcrtga~ee shali notify mor~gagor of a change in such S ~ Sr!• s,.:rs sh:~ t be app.~ed r-r•g~, re;.a~d ±ne parmen! of real prepe*ay taxes, insurance p:em,ums, and mortgage guaranty insurance . t S S. r 'NIT`:ESS '.':HERLGF. 'r~e „ , . s,~d "OR.Gti~..R has nere~:tito set ius hand and sr~! the day a d year first afor said. a ~ S~gned, Sealed and de'ivered in the presence of- i d Ftl.f ~ tr~ ferC~l ~ JEO ~ - fL LL:,. ~ :LilitTl' s~i (Sea!) ~ ~ii.~~' =~~7R11S Willi J L s (Sean ~ - - ~`r, r .•1,7 ~M1RT t f~J / ^ F~~~~~•~::..r1_D ' • (Seal) ~ LG~I~~r ~ j-~r~ E. Louise S. Lope (Seap ~ - = aF Fioe~oA ~ Il 02 ~M ~75 ? '.~Y OF St ._LUC 16-- . 1 ~ ~~~V ^ Before me penor.aiiy appeared ~'~1111~$_ Lopes and : C' . L.OU1Se S. j.OpQS his wife, to me well known and known to m- to be ~ ~ - - ~ ` !~v~duals descr~txd in and who ~~ec~.ed the foregoing insrrurr,e~t, and acknorr~edged before me that they executed the same for the purposes f ~ E Louise S. Lo es ~ ,•.n eapressed. And the sa~d. - p ~ $ ~ o' thr sa~d __._~'.lll.l~m ~s_ I.O~QS _ upon a separate and private ° - a!.on by me takrn s pa~~te and apa.t from her said husbar.d, atknowledged to and before me that she executed said insirument freely and vo{un- ~ ; a~ d w thovt a~~y co ~ v's~un, co~s:ra~nt, appreh=_ns:on, or fea. of or from her said husband. i ;:iT':~55 m hand ar.d offlc;a~ seal th~s 26th March 75 y - - - - - '~d'/ A. D. 19 ~ - ~ Notary Pu i nd for Ihe State of fbrida at Large A1y Comm sion eapirer. - Ra~urn To: ?yotary Puti1K. S~a!e of F!u=ci~ c~ tnr~ s+ Fed;ral Sa.ir.:~s 3 Loan Assoc:~t.on Mr ~om~nission Exp~~'~ =~'tY <i• 1977 . p{ r~.i p...~,. . ` F J Bpndad bY A~,er.con h~.: 8 L..w.:lty Ca. i Fo•t Pi~~:ce .;,1+ ' } .~.i.~.:; ~ ~ . i ~i~! . ~:';rJ:~~ 'l`;' ~ This Instrument Prepared By Gary F. Ellwood ~ F:rst Federal Savings 8~ toan Association ' ~ 1' j~ - rt Pierce , Florida _ ` '~'~1-- j d R PA~E 2735 = i~ ~;%,y~ ~ - _ Checked e - g00K~~ , ,j ~ :r, V ,4 Q~;~s: ~ _ ? fff 'f~'~. ~`~1 _ ~ . ~ _ "Ifllli~l..~•. f ~ - - - • ~ . : . ~ { ~ ~ ''7F~~' F~-~~~ ~a~-::.~- a-. . _ . _ ~ _ `t ~~s ~