HomeMy WebLinkAbout1225 3. To pfate and cont~nuou~ly k.~ep on t#~e bo+.d:~~9a no~.v or F:ereaiter sit~ate o~~ sid iand ancl on all cq.:~{~ nen! and personeily co'.ered by ihis morlg•
ege, w~lh ell premi~ms fhercon pa:d in full, fve ins~io.icr ~n tli~ ~su+l err~,derd v~ ~cy fu~~n, in a sum a~,N1G~ClI b~ Iha MOR~v:~vEi, enJ w~ndsto~m
;nwrance in Ihe usual s~an:l~~d pot.ty iu:m, ~n a:um aNprovrd uy the MORTG:wfE, i~ wch company ot tompanies as ~he NIORIGAGEE may
d~reth and all fue and w~nustccm i~uvracco poi~c~,s un any ol s~id t~•;J:nys, any iNe~rst thate~n or parf ih~reof, in the ajgrr~ete s~m atoresaid o~
~n excess thz~~rof, s~~all :oNa~n tho usu: ~ s+.,ndard mcr+g3yea c:ause or w:h oi~,cr N,us^ as the h\urryogee may requ~re, mal~n~ ~ha ioss ~~~de~ ea~J poli-
cles, eath and every, par~b'a to said .~`.JR1:;AGEE as ~ts ~nt~~rasr ~n~y ~;:~::ar, ,:~ri . aci~ , nd eve~y wcF~ po:.c1 sl~:~l: Ix prcn:{~try ass gn.•d a~~d dei~+~red ~o
eny held by sa~d 1.~OR[GqGEE as furthv s~,writy to sa~d ~•:;:1y3g~ d:bt, a:~d, no+ %is rfwn ten (1'J~ da~s in ad+ancc of the cx~.uahon ol cad• po!~cy, to dr-
I:+rr to said h10RTGAGEE a re~~rv:ol the:cof, ioge~her w~~h a rec~•~~~t for ~he prcr~.:u•n of svch rener:al: ar~d ~hrie stwil be ~o i;re cr w~nds~crm inwrance
pleced on any of sa~d b~~id1„gs, any i~terest theiein a par~ ~hrr~O(, u~i i,s :n ~~:r fo~•n a•~d w~th the :oss pay~t,e ai a'oresa~d; and in ti~e e:enl any sum
of n~aney becomes payab'e vnder auch po:~cy or poikiet sa+d MORfG:.GEE ahali t,aea +he opt~un ~o rece~ve and app!y ihe same on acco.,nt oi ihe ~ndetted-
ness 3eCured hereby or to pe~mit is:d ~.1URTGAGi7R5 t0 rr[ei~c and us! il or an'/ e~:~•t tr~.:...~f tc~ ~~.,'-:,s~~s. :n~!~.~i,.• Ih.•.., .._.,~.+3 C~ ~•:~p~~r- :
in~ any equity, I~en or righ! under or by viri;:e o{ this mo•'gage; and in the cvem sa d M0~1C~AGp25~st:a!I ior any rcaion fail tu kcep the sa~J pre+nises so
~~~iured. ar fail to dr!~ver pcanptly eny oi s:~~d F•.c~~c~es of insu+acce to sa~d IACRI~;AGtE, or f;,~: prumptly ~o pay fu~ly any pre~ni.:m th~.refor or in a:~y .
res;._c~ Fail ro pc~io-m, d~s.harge, e~~c~t~-, e{!ed, cornp'e~a, co•~,p~~r v.i+h a~d a~~de hy th's coveno•:t, or any part h~~reof, sd~d tiSORr~aGrE may p,aie a~•a
F,j, for such insurance nr any part Ihe:eof wnhout v~•ai~•i ~g or affetfir.g an~ oFa:un, lier, Cqu,tr, or r~cht u~.der or by virt~e o+ th~t t.lortyaqe, and tht
!.tl a~r~ount c! eaih and e.ery s;,ch pa~m~:~~ shei' I:e i~•~~nrdlarely d:.e .,n~ pa;a!'•~ a~~u :hcl~ b~a~ ir.te~es+ trom the date th<reof w:ril p„~d a1 the rate o1
c prr ccnr~rn prr a~~u~~. r.d taa,~i,•r ..~fh s~~.h ~n~,~~ s• sh.ei. ~ ti-~~-,~d !:y t~c ;.•r, of th~s morty.gr.
4. 1o permit, commit or w~fe• no westr, in:pairr.~ent o: dcte~~crat~cn ot ss~ti s~~upr~ty or any part thcreot.
5. To pay aIl and singvla+ thr casn, charqes and e., e~:s~~s. .r~~:iud~ng a reanonai~te attomey's fce and cosrs oi abs?racts of title, incurred or paid at
~,!i~,:c by s,~d A!CiR1GAGtE, beca;:ie cr ~n thr event oi ti~~ f_~_v~•~ ~n f~:r p.~rT of +ne s;~id htJRiGAG~.~R ri d.,ty, pro~~ptly and iwly per'orm, d~scha~qe.
.-;ute, rffeU, cem~;t,te, c~ ~~pty wnh ar.d a6.dr hy eacn and ~tie.y fi~o stip~~:a+ ons, .igri~~•.:ents, cond~t~ons, ar,d cevenanrs of sa~~ prom ;sery note and th~s
,~'tgege any or e~ther, a•:d sa d tosts. charges end exHCnsei, ca!h and evecy, tihail !,c ~n.~r.rdiata!y due and payeb:a; whether or not there be notice d~
r~~~~.f, attempt to co:~eU or swt pe~~d;ny; and r}:e tutt amou~~t of ead: end e•.r~y s~:n Nnyn~em shaii Uc~~r in+~~es~ from t1u date tF~ereof until pa~d at the
n;ne cer ce:~:u~r. r! oi ,•.d :os~s, ~.~~a gcs a~J ~_~~s :~'.c~:r~~d or ~:c~d. ta~el'r.rr enh such ~ntecest, shall be scwred by the :ien oi fh.f
.-„-~9~9e
6. il:at (a) in +he e+ent o{ any 6r.-,ch c.i th~s Ye~tyage or d~•f:,..;;r o^ !i:~ F.art : l the t,~ORTGAGCR, or `b~ ~n the event any uf sa`d sums of money
h,=n_~n refened to be not pron ~>tly erxi iuciy pa~d ~v~r.,~n ~h~rry ~3C~; d-rs nexc :.~r•,r si~e san~e zeve:a:ty becorne d~e and payable, withou~ demand or notice,
.r c! in tha e~ent each and every <<~c• shpu;.,t~c:s, ac~ree~nents. cord:'ic~~s ~r~ co•:ecanrs o.' sa d promissury note and ~h~s nwrtgage a~y or e~~her are not
. . p.'Cn~.~iriy d~~d iv~`.y y:•.ri:~r!:"i_~:7, ea~::.!~.'~. e~'t~;'~.! :~y;~:s.0 ~.,~rhi c~.c~ JL~.i_J 7~i, thcrl in C~1~5~'! 01 any such eve~t 1~1E Sdid d9'
~ su•n ~nent~uneci in sa~d prun.~>5:~•~ :.:•e th.•n rc^,a~'~;: g ur~ ~ c: ...rn ~.t~:~i•.t _..etl, and . i rncr.cys sc:~red t~ereby, st~al{ be.ome due and paY-
!c~t^w.th. , ri:ereo'.trr, at +he cF,~.... i:'.041GAi;;E. as y~._: c, ~ j ~s ~f a:;~of '~,c s.~;d s~:ns oi mor.ry wcre or~ginaUy ihp~:ated
• , o.j d on s~~ch d:;. .~~y;h.n;~ ir. s;.cr : ;s::~Y r.oce c. ;n r!~:s h'o-i::.,y. rc :-~o, r:a.; ^:orf:,ens~.,:,d.~}y: .j~:d Ihereupon ar thereafter at the op~~on of
..:.~~RTGAGEE v.,..,•..f ,~r~ce c• c, 5:r „sw :;r ~r _:i~:~v, , c• +~,,;..,m,~ beCt~~n, n;ey be p:es<wted as if ait moneys secured hereby
. ~et~red y~.ur to tt ~::s;~n_•:~n.
7. ;n 'he e.~ ~.t ~I:a! at snc i~<. ; r.. ~,q sf cr e! any i., c. ~;d.~ i.. ~y s~ ' t{.~s :'c••g~ge. :u .*o foredose it. or to reform it, or fo enforCe
o'r e.,v c.,.,s _..:s.r ~R .~a. -i t:;; r~ ~h.~ (~.,rr i~,:., y .f.-,.~ .~•oi ior tha apNo~ntment of a Rece~ver, such Co~rt shail
- .nh ; . , _ . . , ~ _ - ~ . . , .t, s.•-.3~. ar. , . s ~ sr tF.~ ~~co~„e, p~ofr.s, issues and rrvenu~s from whaterer
~..ce . . • . + . . ,y , :ss v ..ndcrsr~. i , _:d as If sacc~r~ca'i~ set ;orrh and descrdbed in the gran~ing and
. ci„ c.: s.•~ V . . ~ . . ~s. .r R• :_i.< _ . , . i• _ .~~I r,~ ~ ur _aci ~ •d ~ i~~ . _ . . _~~,i ~OY.NS in anyvr~se emrwted by a C~~•t to a keceiver, and
~ ~cp... • _ ~r s!,..i, ~i•. ,i cv~i, C.. . as a~ ,d~,.,•ted ~~~"~~r .:.~i . , c ,:ote riyht to sa~d MORiGArEE, and :v:thcul referenee to the
._.;y ~v~c; , rr_ _ c{ .h~~ :rc;:rrty r.~crrg.,~~d o: t.: t' .~nc~ oi said MORTGAGOR w the defendants. and fhat svch
>~.rc:~~s, :~ca~~..•, ~»v~s e:~1 rrv•~r:c:s sh,+:i be a~;rt~cd t:r s~_h K~c.i.~.r cv ti~e ~~en or equiRy o( said MORTGAGEE and tt~e practice of wch
rt.
9. T,, p-: ;.r:y a+,~ c,~:,y ~,r~`o•~r~ d~sc~:a~qe. zxcr.ne, etfe:t, ;o~ cc.- c,i; ~s;th and abide by eath ar.d every the sf~puiateons, agreements,
_r13 d':~ [.~..,~:aitts e!1 5-~:~ p:O~~+.~is?'j ~~U•Y th~5 n,=i:~a~je 5_! ~o•ln
9. ,F:a' m thz e.~••T the o.:~~•.,;sh;F of ttr_ mc•rqa~ed ,;,e ~.~s ~ ~~rt ~r..,r ~f, r.~cornes vested in a perscn other than the MORTGAGOR, the
. . •;AGf i~s ;~,cc: ss~« ~•,d ~ .~~s, :~a;, ~v .:e~..~• tc _ . ~ d. ,~,•n ,,;ch successor or s:,ccessor i~ interest viith refe~ence to this
. •~~age ard t~~n .~.~,i h.rt-,t s~.~~r~:: ~r. th~ ner ai ,~;tF. .r'.j~3,r v.," ~_~.t ,n a~ / way vihating e~ d~icha~yiny fhe ~Aortg3gors' tidbiiity ~rt
• o: v~on +i~e doe• t,_~~u, s~: ~~d s_._ _ s-s ty •_<;i a~:i no fe~'~•e~rance on the pan of ~he /AOkTGt.GEE or its successo~s
_~5, _ n; zrd ex'_~ s:o : e+ ~ nr~ , r• i ;,:•d g~ vn hy the rtioefGaGEE c- ~ts success r '
- _ ,-~y _ 0 3 ur ass:gns, arall operate
__,:se, d,scharge, medlfy ,r:'a~'_r, o~ a'+ect t~~e ~~;i: ,t~ ~t i.;vF.i'~AGOR %~ere~n, either in whoie or in part.
10. Ir is spec:hc ;a•.?.~d in3~ -,e ~s c.' t~ c r;se~ :e• of +I::; co~~tacf :.•;d tt.at no waiver oi any e6:;ga~~on hereunder w of the obligatlon se-
d hereby sFa~~ a! t^.y ri^ _ th•_rr~~:e~ .._.1 ti~ be . , i tn~ !e:~~n 1~-:~~v! cr of the i:~stw~rent sec~red herby.
1 ~ i~ ,:i.i r , • : • . . , : , ~-~s c~ ~ . _r ~i . . c d t,y the prom sscry nar s.;c~red h~rcbr. n~orrga~o. covenants
,•~es io ra; ; F~ . • _ . .,r , , . . , . . r ~ ;-,orrg~gee to be eq~a: to i, 12 of the ar.nual cost of !he follow-
A-~ F ~ r-a: ~ , .•r, _ . o• . . , . rr = _ -i~ -.r . ,i ~
9 r:.,. . E.r.: a~.n ,n: ,is:r~ ..;;~a: •s r.:r.hz r rc•a cr- ca~r~ed ~he m~rovemeo~s s:tuatr on the above described premises.
_ prc s v h r~~_ . a~ c_ ~::,~•g 3-. _`•s;i ;r_, r,m~ drem fit !o carry on the toan aecured hereby.
~^.o:+~.':~~r~~ . . . t.~... , ' . _ . . n.~~••- .r, r.rir,r;:' 04 in., . o.. . • ar;d r abte her h
, ~ _ p ~ evr.d~. and wc su~n shalt thereupon be due and
i _ , rt,, _ . . _ ~ . . , . . ~ ? c~ ~ . _ . , . ~ r~,.,fr .r ucrt~ mcrtg33ee sha~l nof;fy mongagor cf a change in such
.,~rs s' ~ t~e ef.F_~ , , ic:..3rd ~ri~ c:.+y~ne~~!`nf rea~ pro: r~Ty taxes. insurance pre:n~ums, and mortgage guaranty insurance
f ,:s
! i'. ::iT`.iJS ::it_K_pF. cr,~ sa c.! 7~ii'v:, ;Oii ~:es n<,re., ~to set i~~z h~~:d end seal the day a year 'rst fo -sai ~
E 5~ . Sea:ed a::d dr'i~e~eci r. tne presente of: o
t - FILED AH: ..ECU~DEO
~ ST.IUCti G~UNTr FLA. ~
-
; ROf: ~?'~+~RAS ar es . ep nson
~ ~ - - - - -
~ _ CLE~K i.:~.~OiT COURT ~ (Seaq
~ - - - - R~C:~F~ VEP.:~If.D (Seaq
a ri n . ep
~ - - - - - . - fMN'! IY iS MI ~~J ! (Seaq
OF FLORiDA _ ~ SS V~~~
' '~TY OF -----St. _ LLICle - - - ~
Charles F. Stephenson
B~-fore me persena:iy ap~eared - • ` : : • and
~ -r'-
H` Ste henson
___~Yl~Il_..__ > p_---------- his wife, to me well•'kndwp'ind knowr~ to nie to be
-•dr~~d~a?s d~rscrih~~d in and who ezec~-+ed th? furego~ng instrument, and acknowledged before me that they exe[uttd,•lhe~ajn for ~t1~e'~pu~oses
q~ ~
~ ~~:n expressed. And ihe sa;d. .____~ar~arl Steohenson - = . ~ "
o?- ~r :
: of the sa~d _ Char~~s__ F,_Ste~henson ~_po ~yj~s~para e ai~'~naafe
~ nar~~ n by r e,.:.~_•~ F.e-~re ~nd a~:art 4r~-n her sa;d husba.:d, acknowledged ra and before me that she exe sa,~d in~~me~t {~ly q~ ~lun-
~ ar~d w shovt a y cc ~'s~on con:rr rt, a~.prehens.en,- or fear ef or from her said husband. ti C., y~ `
.:ii~v`SS my ha~d ar.d off;:al s~al th.s 28th March . ~ ti'7S
r
~ _ - Y~~CE~ .-~•~5~~...~,.~+~
~ ~
~Jotary Pubiit in and for th tate of titl~f:'A Large E
: My Commission expirer ~ _ , _ ,
~ k~•.:n ie: ~ ~
rsr Fed~ra; Sa.~• as b lc3n Ass~< atc -
. = !E rii.'~ Lc -9
'.i' .'r' . -
Fort P~.~rce. F: I,1. . " iz;.: .i.~r.. 27, 15:7
~ 6..._._ ~ , . ~.:c _:.,:al;y ~o.
re •
~
This Instrurnent Prepared By .1• Hal Robezts~ Jr.
Fi~;t Federai Savings & Loan Association
of Fort Pierce ~ Florida 33450 BOt~K~~ PACE #
~ ~~ecked BY~---
~
~
~r;~~ ~ . _ _ _ , . . - __r_ a ~
_ W
~ v~`^5 's~'_~C s.'~,E r-`a~ is{. 4 ~n ~t ~~V.'
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