HomeMy WebLinkAbout1277 3. To place and co~tinuously keep oo ~he Lu~ldu~ys now o~ hrreafter sit~efe on smd land and on alt eq~~µ~eem end personslly covarrJ by Ihis motly
ege, w~th all p~emi~rns thrreon pa,d ~n f~ll, hre insuro~~ce ~n the us:,al s~e~~de~d po ~cy fa~m, in a avm aHp~uved by the MOR~G:.GEE. and w~nds~w~n
~ns~r~nce in the usval sra:~dud {.ot cy for.n, in a:~m opproYed by the N1~R1GAGtE, in such cwnia~y w cc,npaniet +s tM N10RIGAGEE may
duet~j and all lue ~nd w~~cls~orm ~niutante poi~c~rs on any ol sa~d Ludd+nys, any intarest therein or pdtl 1F~tfCO{, in the aggrc9ett ium afaesaid or
in extess thareof, shatl :onta~n the usu~l ~+„„darJ mortgagee tlause or such other ~Iause as the +No~tyayre m~y ~eyv~rs, mak~ng ti~e ioss under saKl polF
.~es, each and every, pay„b:e to se~d \:JRIGAGEE as :ts ~ntcr~•s~ ~~ay appaar, and each and e.e~y au<h ~a~:cy ah~;l lx piOmHlly au gnrd and de:i~~rrd ~o
any hzld by sa~d h10RJGAGEE as fu~th,~r sec~nty to said rnor:go~e J~bt, ar.d, not Iese ~ha~, ten (~0) days in ad1~~:ce o1 the e:puat~on ol each pol~ty, ~o da
fver to sa~d MORTGAGEE a re~~ewol thereof, ~oge~her ,aith a recr~pt tor the pr~.mum of such renev.al; a~~ ~hrre shaif ba no f~~e or windstur~n insurance •
plnced on any of u~d buiid~ngs, any ime~es~ thrre~n w par~ IharcoF, u,r.ria ~n fhe form sod w~~h the luss payeu~r as a#wesaid; end in ~he evant any tum
o! money become~ payable under such policy or poLc~va sa~d MORLGAGEE shall have ~he optron to recaive end appiy the sa~ne on account ol Ihe indebted- ~
n-ss secwrd hereby or to pemiit ia~d MURTGAGORS to receive a~~d ute i1 d any F.~t n:rraof for oti~•~r {:ury ;,irs, v„t1 ih:•, n.:..~ ~3 ;;r m~pau• '
~~~g any equify, lien w righf under m by virt~e of fhis mortgage; and ~n ~he event sa d A10RTGAGORS shall fw atiy reason fail lo keep ihe sa~d premisas so
~~wr~d, or fsil to d~~iver promptly any of s~ed pailucs of in3U~anCC to sa:d MpkiGRvEE, o~ f~il promptty to pay iutly any pre~n~~m Ihrrotor o? in any
rrs;ect tail to perfurm, d~s:harge, execute, effcct, ca~~p:rtn, cu~npiy with a~d ab;de by th~s <ovenant, a eny part hrreoi, sa~d MOR7GAGEE may p:ace a~d
pa,r for such insurence or any part thereof w.thout waivir~g or affevir,g an~ opt~on, Iien, equ,r~, or right unJ~y pr b/ virtue of th~s Mortgage, and 1he
~u~l amount o( each and e~e+y such paym~nt she10 be in:mcd~ote'.y dve and pa;ab:e a~.d shall bear i~.terest irom the date 1h.:rcof uc~~il p~id al d~e rate ol r
e per cantum per anni,:n and !o_~•_th.rr wrth suth ~nt;~~-tr ,haii s~c:.-,~d by ~f~e :.rn ot this :nortgsge. !
L To pe~mrt, com~nit or suf(er rto wasta, inipaum~nt or deter~orat;on of aaid ~~r~~:erty or any part the~eof.
S. 7o pay a11 and iingu~ar the costs, charges and e¦penses, ~nci~d~ng a n~asonable attomey's fee and cos~i o~ abstracts o( tille, incur:ed or paid at
any n~~:e by sa~d AtGR1GAG`E, 4ecause o~ in the rvera of ~h~ ta~iure on ~hc Fart ve ihe i~:d /~IORiGAGOR lo duty, prnn,pry and fu~ly per(orm, d~scnarge.
;.ccute, effc<t, tomp:ete, co~nF,ly w~th a~~d ab:de by each and ewery ehe srEp~:a+:ons, .+grc~~nenr~, cond~?1ons, and covrnanrs of sa~d pronissory note and th~~
o•ryage a~y or eirhe~, ar.d se:d cos~s, cha~gef and capenses, each and every, sha~~ be irr:~rrd~ately due and pjyeb:e; whether w not thrre be notice da
rt:an;f, attt:npt fo coll~t or suit prnding; and the full amo~nt of each and every sucn paymem sbalt bea+ interesl from ~he da~e thereo} until pa~ et HK
oj nine (~fr can;u~n {.et atu~u~~; a::C ai: ;a:d :oxti, ~na~~es ~nd i.,.•_~~s_s ~:xurred o~ Ne,u, tcge~he~ •,rah such inttrest, sAall be sec~red by the lien o1 thif
mo!igage.
6. That (a) in t!~ evenT of any breach of Ihis FStortgage or def~u't on the part of the PdORTGA('i04, or (b) in the event any of ia:d sums oF money
herein referred to i~c n~t pro~np!!y snd iully pa~d wnh~n th,rty ~3G) days rtext a+tcr fhc Se~n~ se.era:ty Gecome due and payabte, without demand o? nOUCe,
:r (c) in the evero each and every tl~r at~puiancns, ayrremenrs, cor.~3~:~o•+s and covenants ot sa.d prom~sso+y note aod th~s mo~fgage any pr either are not
j,:l., prempdy ~nd fu'ty Yeriormrd, dstharg_d_ eae:~trd, ettrc<<d. co~:~~:rrcd co•r~~.~rd v:.fh a~~d ai,~Jcd ~y, theo in enher w any such event the said ag
a~<~9a!e sum mentioned in sa~d Fromfssory nwe then f@m3~n~n.~ unpaid. w~~h int<<ru :;c:wed, o~~d a!i monrys setured hereby, sha!1 become dve and pay
ac e(orthwith, or thPr+af+e~, at tF~a cp~.=a ^f :~:a !:tp~~~A~,EE, as tu:3y a~r1 comN:r~riy as i1 eii a~ tt~c seid wms of money wer! orig~nai?y st.puiated
tir pa,d o~ svth u.,y, an•r+t~~ng in Sa.ci pro:~:sso~y rote er ~n tte~s A1or:~age te ti+e cont.ary notfi;thstand~~:g; and ther~upon or thcreafter a1 Ihe 6pt~on of
s,:d ,410RTGAGEE, w~+E,out nor,ce c~ de~r.aca, su~t a~ law or in eq~rty, .he~e~cre or ~hercatte* begun, ma~ be prosec~ted as if ali moneys secured hereby
r„d matured pnpr to ~ts :•~st~tu:~on.
7. That in the ever.t that at ttio begi~ning of or at any t~::~r pc~•d~ny any surt ~;:on th;s hlortgage, or to facclose it, or to reform i~, or to enforte
,~,rt~cnr ot any t~~~~ns hereu^1er, said +t'.~~RiGAGEE sha~~ appl~ ro the Co~rt h~.n•q .,;ci ~t.on ~he~ecf for the appointment of s Retewer, such Cuurt shall
:.irn ap~.o~~t a r:~ceirer of s.:ct r..o.rgsycd y:r~p:~rty e:; a:~.~ s:r.y~:ar, u.c,~;ti.ng ,,,i ..::1 s~,~u~ar tt~ incon.e, prof~ts. issues ar.d revenues from whetever
-cr ~.rr~red, ra:~~ a+:d every ot .vi ~h, ;,~.,,,y .~„~,•ESS!y cnde~s~~cd. a rer,•bf r..crgo~:~d as if speu~+caily set forth a~d deuribed in the granting and
~^dum c'avses h~rco:, end wch R<ce~:er sh:,!i h.;,~ atl the br;,ad a~,d e~iecnvr f•_~r.o .s -nd pov.ers in anyw~se entruated by a Cou•t to a Receivu, and
- ~ 3ppo~n!ment sn ,tt ~e ~rsde by wch C~vrt as ar ad:n~tte~ ._•qu~ry and a r a'ter of e! s~ ,.e r:yht to said MORTGAGEE, and wi~houl referente to the
=,::ti.:~c~ or in~d~q~~cy of the va:vr of tne prcuerty me:~gaged or to thc sonc ~cy or ::•>o :,enc~ of said MORTGAGOR w the defen' nts, and that wch
~~-•s prci~rs, income, ~ss~es and re~er.ues sha1l oe a~>p:~ed by sLCh Rec_iver acturti .q io the Len or equity of sa~d MORiGAGEE and th practite of such
Cc rt.
8. To d~'y, p:cm,~,t~y .~nd fvE~y ~erfo-~n, c~;ci,~.Qe, execute, effect, complrt~, comf~y v~;th and ab~de by each and every the stipufations, agreemenfs,
d!!•ona and c;,renanri :n s,~~ p:u~;sso~~ rcte a::d :hs martge~e set fo~th. '
' 9. TF.at ~ i ihe r~~~t ihc U'::~:EfS~` Jf ~..c t~G~t~d~~~~ ~temii[s, O' dny part tne:ccf, recomes vested in a persen other than the MORT A
~ G GOR, the
2+v.~GE;. ~~s successc~s a: d as-..in;. .~,y, ,v~;ho_ r,or;;.. to the ;t,OR'.Gl,p~, dcai x~!h su.h successor or svccessor in interest vnth reference to thes
t~age a*.d tne cl~rLt F~rz~y ~rcv~e~ in •ha sam•~ c.:~i:n.~,- as .Li~h L4:r'7agor W~?F1C:/~ in any way vitiating pr d~scharg~r.~ fhe Mo~tgagors' ~iability here-
or u~n ihe d_~b~ i~~re;,~ s~•a,r_d t:•-~ s.; e a. F:r•~.isea F,reb; mv{tyaged and no forbea~ance on ~he pa~t of tne /~10RTGAGEE w its wccessors
-~ss ~ns ee-d n; ~ xrers:on ct rhe s~~• f.~~ rh.• j:2y ~,i tF.e dro} n~~~•c~ securrd g[ven hy the /AORTGAGEE or its s~ccessors o: assigns, a~~all operafe
= r:: ~~se, d,scnorge, ra~d~iy c%~arye cr ~firzt t~,A o• ~•„~r ;~.:i. .tt of eh.~ A'.ORIGAGOR hera~n, e~rher in whole w in part.
10. If is spLC f~c,,!~y ~d i1„t s::.,.~ ;s ef ~h_= esse^:e of ~L•;S contreu and rhat no waivrr oi any oNfgat~on hereunder or.of the obligatiw~ se-
:,•_d hereby s~a': ar ar.y t~:-:e inerea(~er be ne d to a v:,~~c: ct the !erm.s hereei or of Ihe ir:strument secured herby.
I l. In ~.i:t r--, tr~, `::r:, ~ . c , .
_ i''> i.a ^rs n~ :~^d req.,: e~d 'ey the promssory no!r secured herrb~, mo:tgagor eovenants
ag-~es ro pay to ~:or*q:~••e ~„h ~,cF ~•~,r,'; ,,,i ~r. , a: s~~. _s••~ ,r~d ~,ortgagee te be eq~ai to 1, 12 of the an,i~at cost of the follow-
A-i~!t real properry in~as iened cr asses:..d ~y~i sr ti~.. ai~ove dcscri~ed real estotc_ •
B-Gr: ~:•u~:~s cn f,re and ~v:r.cs!a friur~ C•~ n.,r.~;n rcq.:r^d to L~ canied cn the ~m~rov-~meots s~tuate on thc abovc destribed premises.
C-Pre;n ..r~ s on s•„~c4 es :no~r. a;~e sn.~{; fr ;~r :~n.~
_ ae Q~d•3:~~J ~r5v•.= J _ nme deem Gt to carry on the loan sec~~ed hereby.
N,orsgayee s~~:i ~-;,rr. ;o _...c•:'~ r.:o-t,~~.• ..•;e.••g oF the a~.o.:~t d~_~ and payatsle hereundar and such w~~ shall thereupon be due and
, ,..:~ir on ~he d,e ~af~ o* ~F,e ..+t ~.,o,t~'y ;.~y~~.~~„r ,nd P:'.r~. SU:Ctr55•v2 ~-o•+!h !he•e,~i~e. ur.hi mcrtgagee shall notify mortgagor of a ehange in such
.,n!. S~cti s~ms s*a:l Le ap~~'~ed ~ y,~:or:~;•3:~ ±;;:.r.d riw ~,erment of real property ta~es, insurance prem,ums, a~id mortgage gvaranty insurance
~~:s.
tN ~'IITAJE$S 'NH=_REOf th_ sa ~~C~kIG:.G~R has nereu ~~o se• his hind and sral the day and ear fint afwesaid.
5 d dei ~ed in e presencF of: ~ ~ _
- - ~ • n
- [ i re a i_ y~ ~~•'si;ng e~adult
i~" 'J~ " ~tar~q e E. E o ~ a s n e~adul~
~ .'~..0 b: ti4. - . . _
~ ;z
of. 1~d,•; •::liC ~ . - . Y :
' 0,•~..~,~~a - ' ss. _ •
~ •~i'~T ` -11C1~ ~ , ' ,
~ - ~A ~ ~J~~
~ = 1~'~~'f~~ N•= Wilfred Chatigny, a sinc~le adult:~
~ ,~d-••.
` ~ : ~ ~ $1liott~_a single adult ~ - „
11is w~4fr to me well known and krawrY to fic to
~ th4 irt~liv: v~ :jn~a~ . ~io executod rhe faregoing instrument, and acknow:edged befare me that they executed fFe same foi'fhq pur~}p~`'
~ th.=~ai~e . ~ ~
F 4.~fs~ '•`~t ~ .
-.~„~~f~~ ' ~ ~rtr a+rtrenr rr - -..~ron-s~.p+~.~.+.d.~t.a. ~
~ ~ j~ R~~ ~ cTSd!tf'~fblkiaJftrScRr~B~r:~d~~~fB~ntL'~=j-~- 4~a1a4e~x~cW~d.arNi+rrtw~w~wir~el~r~aw~ar~irp..
; 1+~+~~w~1.~?!i~i~yr~osyM:.l:o~roww+.airM-epp~e4wnsR+rerfee.~Far-f+orrr-her-aeidi~e9banel.- t
VII~$~,~p~and oific:al sea! ~t~~:_ _Sth----- day of_ ~•,l.av A. D. 19 75 {
- ~~-%~~-f~~ ~ ll~,~,
Notary Public in and for the Sute of Fbrida et Large
My Comm~ssion e:pires: ~ ~ / ~ ~ ~
Return Tc: r~
i;rst Federal Savings 3 Loan Asso:~,ton
' Of ~r.:t Ve:ee
fcn P1~~ce. Fto•-J,
~~LEG ~y' r~~~~R0E0
; ST.IU~I: ~~t;MT1r FLA.
~ RG:.^~ .C•~lRAS
C:= `ti ~ ' .l•~7 ;,G
This Instrument Prepared By J. }{al poberts, Jr. FF~ r~ : j,.~, URT ~
First Federal Savings 8 Loan Association Mar IZ
of Fort Pierce ~ 'lozida 33450 ~3 3s PN ~~5
; Checked By - 3~ryDQQ t
~ 00~7
' $Uf~I~•~+ P11t~~~
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