HomeMy WebLinkAbout0847 3. To place end icnf~n..o~s~y Aec~~ on tf~e u.;: d~~•~s ~~ow or i:a~cafrrr s~t~~te on ~o~d iand and on alI eq~~~, nenl aod persona~ly co+tred by thit mo~t9•
ege, wiih all prenewmf 1lirrean pa:d ~n iul~, f~re ins,ra~~,_~• ~n ti~e us~at sta~~d~•d ~.c'~cy lorm, in a s~m sHprortd by the MORiC,:+GEE, and w~ndiio~m
~nsurauce in the uz~~al staixia~d pol.cv Form, in a.um apy~ovrd by the MORtG :vEE, i^ s•..h cwnpany or co,npanies a3 the MOkTGAGEE may
d~rech and ail iire a+~d wmustorm msur~nc.~ pu:~u~•n un eny of s~~d ?w~!da~ys. any interect thc~ein ~r parl thereuf, in fhe aygrcga~e wrn aforesaid or .
m rxtuas Ihe~eof, shal{ :ontein the uwat ai~ndard mc•+yagaz c!a~ae a swh oihar c_~~se as the Idor~ya_~ee msy rrqu~rs, maAmg ~i~~ :oss unJe~ smd poi'r
c•es: each and every, payab!r io sa~d h•.~'RIv:~GtE as iniur<a~ ,nop a;,~nar. a•~d each .,nd eve~y e~c1~ {;o~.cy sh~il be pron~Ntly asiy~,ed a~:d deG~er~d fo
eny held by sa~d ~1tORTGAGcE a1 fur:h,.•r ~ecuntv w ss~d n:c~tg~g~ d•,bt, and, r,ot iess ~°~an ten (1Ci d~ys in ati.er,ce of rhe eap~~e~~on ot each pot~cy, to de-
~.•+er to sa,d n1oR1Gn~~E a reneLVal tt:creaf, together ~n;i!h a r•>c~•~pt ior ~nr prr~~~um of such rerer.al; a~~d there shall be no iire or v.indstu~~n Insurante
piated ql any cif said bw~d~~igf, dny iNCrest ihrrrm Ot pe~t ti~eri~o(, ~n ~u tl.e ~orm a-~d •n~!F. tl~e loss E,ayab!e as afc~rsa~d; anJ in Ihe e:ent any Sum
o' money becOr.:z3 payable under sucfi po6cy or poLc~es s:ud t:ORIGAGiF ~i~a11 have ~he opt~on to rec~~ive ~nrJ apply the same on acco~nt o( ihe indabted-
neli SC[~~tcfj herebjt At r0 pM:`~il sa~d A~URtGAGORS io ~eGrir@ a~~e~ us!~ h 01 dn/ p~~'t tt~c:•'oS fG~ C:~~•'• ~.~','~:.i_~S. ::~ii~:~t fh u• ar unp„u-
~n3 any equ!ry, t~en or righ~ unda~ or by virtue c~ rh~s mo:r~a~e; ard in the evcnt sa d A1~RIGAGORS sha:: for any ~eaaon fail to k~rp the said prem~s=s so
ns~~ed, o~ fiil ro dr~~v~•r pro~~~p~Iy a~:y oi sa~d F,oLc.es of ir.wra^.ce lo seid ".1C;RTG~.GEE, or ta!I promptly to pay }uily any pre~r,iv•n thcrefor or in a~y
~~s~ett iail to i~erform, d:s~n~ege, exec~te, e'(ect, w^:p'er~, con~ply wrth and abde hy th~f covenenl, o~ any part h~.ea(, se~d MORTGaGEE may piice and
for suth ~naur:,nce or ery part theieof •.o thoul ne:vi:~y or affecting any opt~.in, ;~en, eqvity, or nght un~1e~ w by virtue of Ihis 4tortgage, and the
~:'I a~no~M at each and e.er~ s~ch pa;~:..~nt sha'! be ~^~mcd~at~•ty ~„e and w~ab'e a•~d ~:~atl hear i~:terest tro~~ th~ dote thereoi u~~til pa~d at the rate ol
. p•.r cen~urn ~,r .~c,i ,~_,ri%.. ..rh , ~ ;c! sha~, d t,y the ,.an ::r thi] mUrtc~ay¢.
d. io perrnif, con.:nit or s~Tfer ro •«a~?c, ~n•N~~rr.rrnt or d~tcr.o~ohcn of sa~d uru~erty o~ any part thereof.
5. To pey all and ainyuljr tne cosrs, char~rs and rxi~ens:s. ~nc~ud~~~g a rsa5on:.,lr attorney's frA and costs of abstrocts of titie, inturred or paid s1
, ti,re by ao~ci A'.URIGAG:E, cvc+~,si cr ~n ihe evr:~+ o~ ~h~ fa•;u~e on ti~. nor o' inr s~.:d S10RTGAGOR to d~1y, promp+ly and fu:~y perform, dacharge.
. c.~te, effect, co~~~plete, co~•;~?y w~tn ,~nd ci~.dc hy e~;h ~nd r.ery tf:r at~p~!at:o:,~, egre•r~ne~us, co~~d:~ions, and covenants oi sa~d p~ornusory note and this
-•~_~a9e any r~~i~e•, dnd sa d costs. it~arges ac;f e¦Fersea. rach a~~d every, sh,il 6e i~e~ned~atrly d~e and payab~e; wi~ether or rot there be notite de
,:1, atte~np~ ta co~lact or sv~r ~nd~~~g; and ~he iuii amount of each and eyery scch payn:eM she~I br.a. mrerest trom the date thereaf until paid at the
n~,~r oer c~nt~~~~ F~r J~~ rJ s.,,a c.~rs, :.,.~•3~s a. _i rs.i .,w:~,"1 or ~;.,~d, togethvr ::~th such ime~est, shall be sec~~ed by the ile~ of this
r9age. ~
6. Thaf ;a; tn rhe event e1 any 6r~rach of this N.urtoage or de-iav't on th~ p~-t cf tt,e~ f1!UR:GAGOR, or (b) in the evem any ol sa:d sums of money
i:-.~;r~ refr~rrd tu be nnf pru~~ptVy ar.ci 4~1!y ;,~~d .:~ri~~~. rh.rty ~3_, d.,ys neA~ r•-r if~e s~+~»e sr+era,ty brcome due and pa/ab~e, wi~hout demand or notitc,
c; in tha e4em racn and c-va~y rF:e st~,~u.,3t:c~is, a_7rr~~mems. co~-d~!~r:a and c`~venenis oi sa.d promisso~y note a~d th~s mortgage any w either a~e nol
.,:;'or.;;t!y ~nd'~':~ oe~}~r.r.,J, ii,_ ..•q-~l. ~re_~.'.:i. e`f~c~..d ,•~:n:..,r_<i, c: ~ i..r,n ard at:•~~~d 7y, then in e~thet or any such event th! Said ag.
~>>•e 1~_!n men!~o-ied sa~d ..>.-r~ ni.?•. th.,r rr.•~.~:r,r,g unr::~d. •.c.~h ~••c ,._-.,ed. .>~,d a~f money5 SeCUreCr heteby, shal{ become due anC~
Pa W
{•?rtF..~~r~l. cr ~i:_•r.~ak.~•r ~t •hC Or',c, i,.'] :`t~R+v%~vCC as l,,:; u~•J .~:v as if ai; uf u,r sa~d wms of money wcre ongina+ly stipu7a~ed
; a.d o:; :,_cfi ci.;, ,f~~lr;~ c F:•n ~ s,ory n~ fh:s .'.1orT~a3 ~ r~, ;o~:~ra~y r.o>.~;~hs~~•:d.ng; and thereupon or thercafter a~ the op~~on of
. '.tORiiAGE[, w.~t.:~... ` d::.. ;i ,.~r .:n r_~ in eyu~rr, !t~~,~eic~.: or r.:,-..;t~er b•_g~n, r.,ay Ge µrosecvted as if aIl muneyi sewred hereby
. i ,.,arvred pr.or to :is ,'~strteto.,
7. 7i:at in rne evr:;t ~.~.r t_...~; •,g or -r,y e p-n:i,,,~ o:iy c~,,~ ~F_::n ~L~s 1V'c~t3age. cr to foredose it, or to reform it, o~ to enforce
.,•,e of any c a•,~a t e c~...c . :?l;,r,v. h:~... g ,f.or :h~reot tw the appointment of a Receiver, suth Court shail
r;, ; e r~ cc.:: d _ - -u , , . . , . , _,~u . f _ s•~.•_: ,tar ti,r ~ccc~„e. profits, issues and revenues from whate~er
. i.r~,~:i c.:r: a•ci ~.~-ry h. a ,..s, . . r_ ~.,~,d es it spet:ficoity set iorth and desuibed io the grandng and
~~ur~ c~:ses h..r_o`, „~a s. F....,,.,,., it.: o.,.; ,.,s ~nd powers in anywne entruared by a Covrt to s Receivar, and
- ~c~rc~~~• • s' , ;cir ny 5`-h as ~r _ ;a. : . , .,rc; _ _ , . v~e r~ght to sa~d htORTGAGfE, and withcvl reference to tfie
.>c; ~~.ed .,acr t~ _ . ~h.~ ;.•cr:cr ~ _ t_~,,c~d c,• t:- s . . r. ,...ur,t~ of said MORiGAGi~R Or t!~c dei~ndants, and thal Such
• Hro6~••. .~ca•~..., nsues a:.~~ .._.er:_rs ~;:a~: Le a~,a::~:~i r.y au:~: H~c_•~.: ihe lien or equity uf sa~d !'1lORiGAGEE and the practice of wch
9. Tc cl.ry. ,,r,.d '.,!"v F a,co,n~. d s.c.~rq:, c,e~ut,., e~'ero. ca•~-:; : te. w:th a~d ab;de by each and every the stipuiations, agreemants.
~!~5 .~i~ _..~~,d.~'S ~.i•~~ (:~J:r1~5:OrY r~v'a d:~~ It:.S ..,:.r+_':_)~• 5~'f fC.ji,
9. . , . ~ :ht . _ _ . ; _f ~ ~ :u.r~.;a_d ~scs. a ~;,.t of. ! ~~comes ves!ed in a person other than the MORTGAGOR, tfie
~~s _ s . . a• ~ . ..:•h._.. •e ~ ~'tv~ ~1. ::~:c tuch successo• or svctessor in imerest with reierence to this
~ e~o li:~.r ~n ti~c 5....- ...~...i; 3S v.~•t; I.~-.~:~o~-r r.~~•,~.~ut a~~y v:n~ vit:alin3 Or C~~Sthargin9 t~B I~Ot!ga~Or1' lidbility ~1E12-
~i:: d,: r?. , r, ;,..,E r:. ,-s ~~;c•,, ,r,rg.,yeu a• d tort.eara~:ce on ~he part oi rhe IdORTG.~+GEE or irs suaessors
. > , d ~ _ _ , . • _ i:.. , . , _ ,t r: e d..l• t. • . - , ~ q;. by ~he ;.tiGRTGAGEE o~ ~~s wccessors or ass,gns, ~~,a!I operate
. s:.:~, -:.d _ ~•`ec: .ne _ _ .a. pi _ ~;n'~..F.v`1u Frr~:n, eit'r,er in whote or in part.
i,~ I~ is s: ~~c f;-; ~y rd r+,,:! t~~•-• ~s e' t^~~ esse^,e ~f :F s:er.r;.,c~ and that no wai~_er of any cb~ gahon hereunder or of the ob!igation se-
< f n«ec~ s%~a:: an; f: e+r.;;~,:'tri :1 tc a...,...r v: th.~ •...,,s :,,.,c~' or or tne i::str~•~,ent secu~ed herby.
~ n - ~ , . , . - ~c~ ~,ss r. F;~ the promsscry r.ur s:c~red hereb~, morfgagor cOVenants
~ . _ ~_rs t'? : ir~ ~ . , ~ . , , , . ..:t . . _ ...i ..•..c! k-.~ r.-~or~gagPc to he ery~al to 1 ~ 12 of tFe annuat cost of thc folbw-
~ . _ ~ ~ r ..~y tdx_~ C• : ss•~. ~.~ti a. ~ _ : ..i;G:_ C1": . . ri.. ng,.t!. .
5 . , c . ~ _ ~r:ci . , . . , s . , •~o ro : . . ~ t !i:e :m;:rovemants s.tuate on tha above d~su~bed premises.
~ P: c . s ~ , ~ , . ~ _ ~ : s , 'r._ . . +I r.: d~•e•n f~i to carr y on the Ioan sec~red hereby. '
i , , _ . , • r r.r , ~ pa~a~~te l~ereunda~ and such su-n sha!I therevpon be due and
~ , . _ . . ~ , . • ,..3 ~ , s. . ,~r~: L..r~~ mcr~q~gee shall notlfy mortgagcr of a change in such
E S,_ ~ se,•~~s : _ : e: - . :d ~ . ~ - . ~ _ : a; c~it c rc . , , ~-~r; raxes, ~ ~SU~a,~Cr_ prem.ums, a~id mortgage guarani~r insuranee
~ . ~ _ .~~.g ~ .
~ i': ::li^SE~S ..~icr'.~C',~, t~ sa~ :,,J~;rG:•:"."? ,~as i:•;re., to se' r~s n,~J ar,:~ s~~~~ the day and year firsf aforesaid.
t ~ ed. ~ ive~e in r., prr:.•e_e of:
~ - - - - ~16 H. A~~- (Seal)
- ams
~ . - - - - , (Seal)
- - ~ ~l f~'diu3 ~ C)C'Vl'lr~ i5eaq
, - _ _ _ - - - (Seal)
GF FLORIDA ~
. *r oF L11C1L' - - j SS.
Befure me perionally a,;,eared -------~d10 H. _Adams i~ a„d
__----$g -h l P 1'1 -,~i.-- [~(j~ S_--- - his wife, to me well known and known to me to be
~ ~ ,,d~ridua~s d,scr~;.~d in ans v.~o exec~red the forego;ng instrument, and ackno~ledged before me that they executed the same for the purposes
~ n exp~essed. And :t:~ sa.d_ Kathleen G. Aciams
cf the sc:d • _nale N• A~mS ,-vpqn•a,ieparate and private
~ s•.on by me t.~:•~n s•-u>.~are ~rd epart f o:r her sa;d twsband, ~ctno.r;edged to and befo~e me that she execu2ed.s"d iMlNmeitt.f~QrY and volun-
~ . a~ d w?~:u.~t a:ey c~~r,,~'s c~. c~~s!, a n+, ac:prehens~r, ~r fear of or from i:er sa' usband. r'?
~ ;iit,.:5i my hand er! off: 3 se.+i t,., - ~+ay 'A. Dr 19 / ~
~ •
\ _
~ ary Pubtic ~n and ftic i~ •Sta ro4 FJo ~ rl, ar~e
~Comm~ssion expircsi ;~,t ~
: x rum i:: . 4 ~
~ rst Fecicrai S3 ~:3s 8 lo~r, r+ssc_ .t.on
e
~i rc i..-c~~ ~•~~%:~r~~:1t'l\:~~~~ 4
~Y PUbt' .
Fcra P: rre. --Sa M K, Sfeh~ of Florida et letfw ~
Y Commission Exp:res J~n. ?7. ; 9T4
~ BcnJ •ti : F
" , :
~ This Irstrument P~epared By ,j~ Hal Roberts~ Jr, fILEOA'~G':ECUaDED
F r;t federal Sav~n s& Loan Assouation ST.IUClC COUNTY FU. ~
~ g RC ;f ~ ~ C•+TRAS
of Fort Pierce~
Florida 33450 CIEPtt C~~•~~~~~ GOURT ' ~
PfCCR~ 'i c:P"'E
: ~~e~ked B :
~ y BooK 2~ PacE $46 A~R 8 3 a~+ PH'~5 ~
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