HomeMy WebLinkAbout2938 3. To place a~~d contin~ovs~y krrp en ~ha L~~ d~:,:;s ~ox o? h~~:ea!rr~ e:r~,~r o i s.,;d tend ard on ali t•q:~s,men~ a•~d peri~~tal'+y co.ered by thi~ mo+tg~
+~e, with all prrm~~:ns thcreon E;:d ~n f..:t, fna ~n fhe ~s::-,~ a~.+~.i:,nl cy Ivrn~, ~n a sum a~.pio.rd Gr ~he Muk~"vACat[. a~~J w~ndswnn
:nsurante in ~ha usuel s~andard po!.cy (o~~~, in J tu~n arp~o+rt~ by tfie fJ1J~:iG.+"viE, in such tompany or co:u~•an.rs as ~}~r MORSGAGEE msy
d~rect; and afl f~re and w~ndue~m ins.-~snca po!~c:~•s on any of s.~~d 1w~.d ~~ys, a~~y inier~•.t therein or pan Il~rreof, in the aggreyate su~~ aforeso~d u
In excess ~hrrcof, ihall :onr~in thv ~sua~ sf.,r.d3~d mur~~.:yao c'ause or wch o~hr~ c.,use as the Alongegee n,ay ~eyv~re, mel.u~g the ~oss ~nder s,~d po~i-
c:es. each and every. Payab.c fo sa~d ,~',ORIG.AGEf as ~:s ~~.~rr.s? n:aY a~~:~r. a~:d ~•a:n e;,d e+~c•.y wch po'~cr s~,,il br pron.y~~;y as:g,,~d a~.d dcl~~cred ~o .
an~ hrld by sa~d /dOR1GAGrE as fu~ii~ar s~-e~rity iu said n:r:~~age debr, a:.d not :PSS N~an ten (~Q~ deys ~n ad+ar~cr oi ttx e,~p~~et~on of cac~ poGCy. ~o dr-
Lver to sa~d A10RiGAGEE a ranewat ~I,ar~-oE, ~oye~h~r ~,i'h a r.•ce~pt for thc p~r•~:.+n ot svih ie~,e+Yat; and tt~~•re sf,a{t be na i~~e o~ v+~~~de~o~m insurance
piated on any of said bv7~J~~~gs, any ~nte~es~ the~em or part ~hei~cf, ~r.;css in rh!• jJ•~~~ a•~d w~~h ~h~ 1cu ~:rr~u!r as aforesa~d; anci,~~~ the e~ent any tum
~t n.oney betom~s payabte cnder such pol~cy or pa:ciez s~~d MOkiGAGEt shali have +h~ o+,rlon ~o reo:ivr ~~~d app(y the sanie on acco~nt of the indebtad
~~~•ss sec~red hereby or ro per.n;t s~~d G10QTGAG::~S to rcr~~a er,d use ir or f..rr u~, ~or n.~ r~.,,r; ;,i~•s, ~~~~~r ~h ~ a cr ~•'~P~~'• _
~r~ 3ny Cqu~ty, Gen w r~ght ur.der or by vi~iue of iFus mcr'yage; and in the event s~ ci At~RTi.;AGORS~sh.,ll ior any reason fa~l ~o kcep the so~d prem~srs so
rn~~rod. o~ lail to driitc~ prO~npNy any Of L.+id ~t~:eies cf i~~su~.+•~ce tp sa;d MQCtv:.GtE. ot 1a~! p:o~~:ptiy to E.ay fut{y any prem~um tf~cralot O+ in any e,
sF ••ct !_~I ro per(o.m, J:scharge, ea~wtr, efFect, cor~ p'rr~•. cc~r.pty v~ih ~nd .~b:de b~ eh s covc~~ent. o~ any µart h~~eo?, sa~d MORiGAGEE may piace a~a .
t~: (or s~,ch ~nsur.ance or any ~rft t4~creof v.~~fiov~ w<~Iving or affec~:~~g a~y oF.~~on, ~~zn, equ.t+, Or n~h~ v~~d•_r w by v~~rue oF th~+ h!o~~g.+ye, and th~
~ 3~nO~nt JF [LCh d~~~ e~try svch pa;~n~m Sn,lt1 VC !~~~~CC~~,i~c~"/ t~~t d~~:~ p1~~3~,~e drO Sti.jj~ brar ir~!creSl frOrtl Ih6 d~te thercof Until Nuit~ dt t~lB lJfQ O~
~ ~ per c~ntum F.er annvm anci t__•tF.~-r ~.~i•h s~:i~ ~n::•:,+' sh.~~~ ..r sr:u•~•~ ~.y the f.en oi thif mortgaya. ~
d. To permit, commi~ or suffer no •~~sre. ~~:,pa~r,.:~••,i or d~;~•i~ora!lon of :.~d p~oia~~y or any part rherrof.
S. io }•ay a~l and z~ngula~ 1trc coste, cfiarg~s and r,ee+~s~s, ~nc~vd~~~g a rrosonai~ie a»omey's f~•e and wsts of absvacts o( tiUe, inwrred or pa:d st
: t~7:e by sa~d AtGR1~AGEE. 6eta~sr cr in rhe evr~~t of ttic fs:urc on ~i~r poit o4 ~hr ~::d MORiGaGQR to duly, prompdy and fully perfo~m, d~scharge.
~^ca~e, eSfeU, cu;nplete, Comply wdh and ab.Je by e.~:h and rYCry the s~~E:~~at:o~:s, agtre:nants, co~d:i~ons, and cov~nants ci sa~d p~omi;sory note and this
rr~age any or e~~her, and sa.d cos!s, charges a~.d ~~+cFens~•s. racl~ a~d every. si~a~l kr_• ~n•n'edia~rly due a~d payabte; wherh¢r or nol the:e he natite ds
~ r•d, atternpt ro coiiect or sy,~t pend~ng; and tha full a~T~~ul~t o* rach and e~•ery s•_:"r~ payment enail Uear in~e.es~ from ~he date Ihereof uniil pa~d af Ihe
. n,ne vzr :,:•:~:,;~n +.~r ~r, ..n~ .~t; ia.ei cos~s. :.:3~•e a:~u ~x s~~„r.~cd or i:a~d, tayetfie~ n~th wch interest, sha11 be set~red by tfie l~en o4 lh~t
-ig~ge•
` 6. That (a) in the event of any breacfi of tnit .1ton9ogz er daia~'t o~ th- pa.~ ri ti~c MORTGAGOR, or ;b) in the event any of sa~d sums of money
I~~.c~r.-,in referred ro be not promp!!Y and fuliy pa~d v.•~i~i~ th.sr~ ~3~1t ~~,s ne..~ a't~~r ~i~e sarne szvera'~:y become d~e and pa~able, without demand or not~te.
~r c; in rhr event e~ch and eve•y ~ne sLpu.ati:ns, a3~ec^+ents, cone3~ io•~s anJ c~~:enants of sa.d p!omissory r.ote and th,s rr~o~tgage aoy w e~thet. are no1
promptly anc4 tJ::y ~;erto-+~:~~d, et i_~:,,~. d. e:c~r,d r~}•.:~_d. c:,~:~;::c.•:.d c~„~,.••~ ~,+~d st•~iaJ tiy, then e~ther o~ any su:h eveN ths smd ag
~s+e w~n men~~oned ~n sa~d p:om.>sury nure sh~~n re,~~a~n:~~g ~~:Fa:d, v:~rh r..t~re,~ icv~ed, ar~d a;i monays sewred he~eby, shaU beco~ne due and pay-
!c:th.v~th. ther<v`t • o~ ~E.~.~~ o~ a,,..i u.J~TV:4VC~. d5 iu:;~ a~.~ cc•,:~ c~iY ~s if at! of ti,~ said sums of muney were ong~nally u~pu:ated
pa.d on svch d.:{, anythVrq Ir a:. u;. z;o<y •~iote er t~,~s ~.:~~tty.~g • t~~ st:e conva+y +~oi:.~tfis+and+~~ j; and ~here~pon w thereaft.;r at the opuon of
• '1:ORiGAGEE, v.:'F.c~t r~or:ce c~ de:r:a~:.~, s. ~i ar :.~w or ~n eyv~ty, t;ier,~!u~c o~ t!~<rc•airer bc•gun, rnay be pmsecuted as if all moneys secu~ed hereby
.i ~.~1dSJ•CC~ Pf~Of 10 113 1~Sl~TV1'..-.n.
7. 7l~at i:, ~ee e. _~.t ~t~a~ at ~h•~ try ^g f o~ aT .ny ~.r~-d, y.. : av~~ v; .^n rti,~s :~~e~taage. ar to fo~ecfose it. or to reform it, or to en}o+ce
, ,
cnt uf ar,y c~~~,~z h,~•e~;::dc.. s_.~d ':,~)R"~.. s:.a'; ~=,pi~ t~ L..vrf f~.,. •.3 ;~~d .e,on the:rof 4or the aupointmeot ef a Receiver, :uch 4PUr+ aV...~i
. • o . : ~ ' , , . . . ~ s j,, j. ~t c :nco•rr, p~of~ts, issufs and revenues from whate•~er
..Y~.,...~ v6 a. n E . , .
~ de•~~i:l, r~ci. an•! ?~_ry ;,t r. :•s: y., id. s'~c•c~. ~s .?':3cd a5 i1 spec,f~caily Set forth and deu~~bed in thC gtantsng and
~ .l:,m c~auses rcrroi, anJ s..ch R~ce~.:.r st a,,~ ,:h~• u~; ~d a.' rr`:.='.., +n3 pov.e~s in anyw~s~ M+trusted by a Court te a Reteiver, and
r,:poinrr..e~~r shsit br :,.auc :;y s~ch G:..•~ .d ~s;~•,c ~ y=•'y a~`ci a•~~•+=-r c; _:,s~!.:te right to said MORSGAGEf, and withoul reference to the s
a~:cy or inadeQWLY of r~e v~.~~ o~ _;.~u; _•:~~-r=~c r. ~yr 1 0• t.~ r~,-- se..• ^c, .~•~i:ency of said N.ORIGAGOR or the defendants, and that such S.
•s ~,ro1it;, inco:ni, ~„ues anJ revcr.~es so-~:; ;r ~p~•+~ed c~ su_h Rrc~~v~•• ~..:.r~~ a Tc the ~~en or equity of sa~d MORTGAGEE ar.d the ptactice of such
~ _:~t.
To dv'y, p•o~F.t'y and fui!y per.`crn~, d~s_~.a:qe, <xeo~!^, etfctt, co•rpiet~~ c_::~,,iy vr~th and abide by each and eve?y the sS~n~'ations, a~r•~~,o.er.,
..,:vr.s dnd Cu+endnts m sa~d pfCmisSOry nz:'^. a;;-~ :Faa rr.:r!~e:le Sct tr~'~h.
9. TF.at ~n tfie evr~~i the o~+vr.e-sh;p of tne r-c~-ty~+•?ed pre•~~.s~~e. c~ a:.v p~rt 1hr•~.C!, ~`t'CJT?S vested in a person other fhan the MORTGAt'iOR, the
-;AvEc, its succcsscs ancl ass.~r.s: :nay, ~v°.._. rc:~,e t~._. ':O~ii~=..;ri. ~_o. v. such successo~ w suurssor in imereit with reference to th~s
'~.:ye ar,~ thc dro~ Fc:cLy s~w ed ~n t'r e s ~e ria n~r as •.s.'1~ r. l~~yu+ w tF,~vt a~:y ~vay vit~ating or d~scharging the Mortgagors' liability hert
~ or opon the d_bt r_•re.,~ s~•.,<<~. `:e s, ~ oF : e~ rc- ~ n•~s t~cr~b, <<:~t3 3ed ar'd no ferk-.ra:ance on tfie part of the 180RiG~GEE o! iis successors
gns 3r.d no e,trrs.on o! rhe f~rnr fur fh.- Na~,.-.~~ vf rhe d~,t:~ h^~~~iy sec~~~~d g~+~en by the 1SORTGAGEE or its successars or ass:gns, a~~all operate
~aie, d~schacge, ~z•od~fy .{~er.ge cr affect t^e cr.~4,:~,~ iia:; f ty o~ !~e 1:
~;T SGAGJk herr~n, e~ther in whole or in part.
10. It is spec f~cal:y ag•eNd tt:a+ ;~~:.e ~s ef !~e rsse. te oi t4~:s co•,~rau and t4iat n~ vvai+er oi ar,y ob1}gation hereunder or uf the obl'gation se~
_~,1 hereoy sha ~ at any t::*~e ih,rea!re~ ;;e h~::o to bc a r.:.~..:: af tF,e terms „e:rcl cr of tne i~~str~ment secured herby.
I i. In :.:icir o~; ro +'~~e t~reg.`•~ ...o ~ rs oj ;•:.:c , 3 .:~ri s+ re :wr. d by the pro~n sscry no~e secu~ed hereby. n:ortgagor tovenants
,.^es to ; a~ _ t.. , •-h e;,r a~, c, . s.,~~ ~•vd 'oi n:crtgsgee to be equa~ to 1, 12 oE tlie annual cost of the folfow-
Q-::I! r:a1 ~ro~.erty t~.c=s ~=_'d:•.:7 a:s:•~.:d a~~ i•:y! a~.o~~.. ~.•.d ra~ai es'~~e. -
6 F_. _-~s ei o'•} o.:~ .r_„ es ii~~.,~i . ~•a tc o•• c~'•~~d :~•r ,::rov~^~e~ts s~tuate on th: above d:scribed premises.
C-Pre~• I~ n s c< s„ ~ ertgd:)E j'vd'3".~~/ ~~SU'3LC^ oS iT rtyacee shs'~1 frc~r t-~e t~ '~~ne deem fit to cany on the (oan secured hereby.
'.+~rtga~ee v~a.` : ~~r, r~,•~~• tr• n_. ; n.c~r_.,g~r ~n f,~~tng ef !hn .a-o.:~t o; _ and F+ayable hereunde. and s~ch surn sha(1 tfieceupon be due and
~ on t~e :f~e ^at= ci rh~ •:<x~ ~rh r:~a~-,+~• ir a~~d e::ch rxccs>:ve ~o^ch Ti.•;r_aft,r u,~til mcrtg3gee shal! not~fy mortgagor of a change in such
_ $~xh s~mf s~~~.1 ee apt•~•-~' ~~'~''33;>- r~;,z~c !~ie ~lej~~'•0r.} of re>4 ~reneri~ taxes, insura~ue prem:ums, and mo+tgag~ g~ara~ty insurance
~15
~ IV YdITNE55 `.'':~-'cF~CF, !ne s~d N~:iRTGi+Giri nas tr~re.~~ito se' h{s h~r~d and s._,i the day and year first aforesaid.
~ S~gned, Sea:ed and detivered in the presence of:
{ _
~ - - - F1lEG R~' ~°•DEO Seaq
ST _J:;t tyTY FlA Gary e e (Ses~)
~ T:~ ~ 'R1~ ~
~ ~(i f' r::_ ' Q C. F. T\ Q~~ c (Seaq
an E. Steele t~,i1
~ . . .
~ - -
~ ; OF FLORIDA ~ M~~ 2~ ~ ~ 3~ M! ~ ~ I ~ 3~~
; ,~:Tr of _St~---Lu~ie- ~ -
Before me pe~sonaSl•~ apFez~ed __Gary_J. Steele a~+d ~
~
~ Nancy E. Steele___ _ N,;;r, ~a me weii icnown ana k~own to me to be
"',~::iJIGUd~S dr;c:+brJ in and •xho execuied she foregoi,u~ instrument, and ackno•niedged 'nefore me that they executed the same 4or the purposes
i ~ ~ expressed. And the sa~d_ _____'v~nC~7 E. Steele
i
g r* fhe saidGlYY-.~~-S~~~7~-.------------------------ - upon a:eparote and pr~vste
~ . ~~,r,on oy me t,ien s~p~•~te and apr~t from fier sa~d husband, ac~!wwfedged to and before me thal she executed said instrument freely and voluo-
r . a~,d w s}eovt a:~y cc;nr,u'sron, eo~•srra:r.t, ar.prenheoQs~or-, /o~ fear of or from her sa'd hus~uand.
' '.'~lTNES$ my hand and off~c~a1 se.~l th~s ~i~! - day of -Ma~- . A. D. a9-?~
i •
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Notary Pubt~t in and {or the Stat f Flwida t large
~ My Commission expiresc
+ Re'urn i0: i 11 7/~
~sr FeJ~rai Sa+in~s S Loan Asscci~r.on p~~,
't QS F;;rr F~:c.. _
Fort P,_ f;o ~:i~ . ~ ;
~ • . f . ".r
This Instrument Prepared By John Col l ins '
F~rst Federal Savings Loan Association '
of Fort Pierce ~ F lor i da p g~~ P~~~~]~ j
~ 600K J - M~. - z
~ = o,'•.:. . ' 't-' ,
~ Cn~cked By~- , ' j',e4r~'• ~
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