HomeMy WebLinkAbout2940 To p'ece ond cor,tinua~s~~ I.~.p on ti~e L;:~:d~r,4s no,e, or he~e.if~er a~tv:rr un s.r.d to~,d and on el~ rqui~;~nent a:,d pr~sonaUy covered by thii mo~lg-
•~e, w.th all prrmiums ~h~reon d ~n fu11, 1~rr :ns,.~~~,ce ~n the .:s..~t i'and., d~:. ~c~ tonn, in a s.,m aHNruvrd Vy the MUR~Ia%.GEE, anJ w~nJsto~m
~nsurence ~n ~hs us~al si~~~:lerd ;:ol,cy forn:, in a sv~~~ appro.rd by ~he Mul'Tv:Gtt, ~n such cornNa~~y or comF-an~es as ~he MORIGAGEE may
dnech ~nd all fira and w~ntlstorm insur~^te pul~cies on any ol si~d Dv~ d.~~ys, any ~nteroit Ihurein ur part thrrrof, in Ihe ayg~egate sum afpre3aid ot
in eace~s ~hvreof, sF ail ,orne~n the ~w.~! sf.+.~JorJ mor~~,yre c.ause or w;h o~her c',~sc as the hlc~~ya~ee may rey~~~e, maki~~g tne ~oss u~cier sa~d Nol'a
tieS. ld:h and evCry, pa~„!~;N t0 s~~d i.`.iJ~21G1G!E oS ~.h intcrrSt may ay:pi•ar, a••d e,~_f~ ar.d e~.ery s~ch pc,•.c/ S~~all (x proreyNly aasg~.cd and de:rvered t0
eny hrlJ by sa~d 1.1pRiGAGEE es fu:~h~~r s_curny to sa~d n,c;~~a,Te d~~e.r, and, r.ar !•:is ~!•3n ten (lU: de~i ~n ~J.~~:ce of the ex{uet~on ol each p~,l~cy, to de-
I,.er ~o sa~d A10R~i>AG'_E a re~~~••n~~i then~of, hr~eiher rvi~h a rcce~pt for ih, pr~•~,•.;u~n uf wch ~c-iena'; a•~d ti~eie sh~ll be no i~re or w~nds~orm insuraMe
p~~ted on any ol ss:d b~iid~~~~s, any interest thcre~n or Nart ti~errof, vr,:css ~n fh~ tun, a~~d nnh tl.e icas p~ya~le as aforesa~d; and in the eveM a~y sum
of money beco nes payal•:e ~ndrr s~ch poGCy a pol cies sa:d h~ORTG~+GEE sha11 ha~.e ~he oN~wn to reca~ve .,nd aoy~y ~h~ sa~ne on accoun~ o( ~he mdabted-
~rsa se~c•ed !kr~~b~ or to per.n~t so~d G10RiGAGUF.S ~o ~cce~ve a~x1 use it a any ,.rr +n, , o} ~<,r c:".. ~.~~:ts~~i fh„~ ~ o~ ~,+~p.,lr- .
~ny any equ~ty, I~en or rigl,t under or by virwe of ~h~s n+cr~gage; and in the evrm sa d M7atGAGORS sha:l fov any reason fail ro keep ihe sa~d p.em~sas so
~nsur~d, or (.,il lo dv~~vcr prun+.Ntly any oi s_~~d ~~oLC~~•S oF ins~r~n~e ta sa:d MQR1G ZGt., or i.i:! ~>ro:npNy to ~.~r ful:y any pre~n~.~m thrrefor o~ in any
re:; rct lail to pe~`o~m, d:sclu~ge, exccufe, e(fe_t, con~pe~~, cc:•.ply w~rh and a;:de t~y th;s c~~ve~.+•,t, or ,,ny p.,re h:r~of, said htCiRivt.GEE may piace a~~d ~
p~~ (or s~ch inwr.:nce or eny F.rrt ~hcrcoi w•~hout ~naiv„+g or afie.~ing any oEt.~~i, ~~an, equrty, or r~qhr ur.Jcr or b~ virtue ot this hlortgage, and the
t~~! a~no:,m ot each a~id e.e•y s~cn pay~nem ih~E2 Ce :~~•~~.rd~a~et~ d~e and pafa4,'e an~ shael bear ,nt.:rc•st Ircm the date thereof v~~~il pa~d a~ ii,~ rate oi
e pcr c.~nium ~cr a~:•i~~:n an.f r,».yhor .~it}: su:h ~~itc~ts~ s'i.i s_•.,r.•:~ i,y the :.~~r. o( th~s mo~tgagc.
TO pCrmit, cUmmit o~ Suf(Cr no wnat~, imE;airm~•nt ot d_tcriOCet~Gn Of Sa~d {~.roE,crty q any pd~t t{iereOf.
5. To ~y all and singt,lar the cost:, charges and e.penses, ~nc~ud~ng a~e.,so: 46fe at~o.ney's Fee and custs of abstrads of tifle, incurred o? paid at
i~p ti~ne by fa,~ A,1pRil=A:,! E, brca~sc or ~n the event uf ~~~e fa.iure on tiie part of the s~~d h1~R~G.~GOR to d~ly. P~omptly and Fuily p.:~fo~m, d~schj~ge
_•ec~re, effect, cemy;ete, .,~n~,t,r w,tn and aL.;le hy ea:h and every ihe u;f~~(a~.ons, agtccme~~ts, conditions, and covena:~ts o~ sa~~ promi;sory note and this
~ o~~gage any or e~rher, a:~d sa d cosn, charyea and exFrnies. ea~h a~id every, snai{ be irnn: ~ilntety dve and payabte; whether or not thero bt nonce de
m,.~d, atte~upf ?o co.tect or su:T pa~~d:ng; and rhe f~l: a r,ount ~f each and every a~.h paymrm shall bear in~erest lrom the date thereot until paid at tfie
, r nine pe~ crn;u~n F.c~ ,,.n~ ,..:J .~.s:~, ct,:, 3~s ..:.d ~~,;;~•nses :nc~~red ur Na~J, togethc•r w~th such ~ntetest, ihall b~ sec~red by the lien ol this
m e r rg~ge.
6. That (a) in the event of any brrach o( +his ~'dcrrgage or a,rfa~it on the part cf thc ,•.10RTGAGOR, or {b) in the eve~t aoy o( sa:d sums Of money
herein re(errrd to be not prc~nptiy ar.d l~~ity pa~d .v~~iun th:~ty ,3J; days n<~x~ a=r.•r ti~e sa:ne se+era'!y t;ecome due and payable, without demand or nonce.
„r (c) in thr event each and evr~y rhe shpu ai+::ns, s_~raernentS, cer'.d tia+s a^d co~e~ants of sa d promissory note and th~s mortgage any or either are nol
i-~:~, prw~~ptiy an~ 1J~i~• 7=I+U.'::.J:I. L S:':l/3• i~. V[ :~;r_~~ e:fe, ~~d. co~e;~,Ie'eJ. ~o:•~+;:~ed v.~~h ar,d at d~d 5y. then in e~ther or any wch eveM the sa~d ag
•c~a~e svm mentioned in Sdid prorte.5sxy n~te t!:c~n reniakn~ng ~npa~d, w.th ~nterr~t aca~cd, and ail mo~:eys srtured hereby, shall become due and pay-
a~, ferthwith, or therearter, at the ep•.o~ c+ aa,d :!OR7GAGEE, as (~!4y and ce :i~:rt~•:y as if ail 01 the said i~ms of money were or~ginally stlpu~ated
i~•. pad o~~ svch d;v, anytt~~n_~ ::i ~.,u ,r,ro-.~s;;.ry note o~ in tFds f.lurtgay~r so ~he ca~:r•ary notw~thstanding; and ~hereupon or thereafter at the opt~on o(
c' R!ORivAGEE, K'~«GU! no~:ce o. c•:n..~ed, sv~t at ta~a~ or in equ~~y, tnr.~fcre cr tnerea'rfr~ begun, may be prosewted as if all moneys seeured hereby
c-d matvrCd pnor to ns ir~stis~t,on.
7. Tl:at in thw_ eve•:t rhir a! ii~e L.-g~: ~:ng .,f or at any t,me uen,i~ny a~y sv~t vpon shis Mortgage, o~ to foreclose it, or to re(orm it, or to enforce
,.~nf of anv c,:ms here~:.c!^r, s-.~d ~ti":;~:•:;:.` cc s~~ei~ a~.F 'Y ro tf~~• Co; n t,a,.;..3 ~,~+,;d:cr~on rfie~eof for ~he appomtment of a Receiver, such Cour~ shaH
~ ....~!fl dj:~)U~rlt J ri~:~.~~1'r Of 5.,~(') ~.:'•r~:. ~=ti t.ri.:.:-~t~ a:' a~~:i 5:::.a . r~: . nr~ .~~,1 i~.r~ c~r~.7~.:ar _lf~a :n~'unn rfC+f.~e jya._a~ _n'1 ,avs.._as i.n_._.,., y.l.~~=_e'
~r dan•.ed, e. a::1 r~.erf ^t .L,~ i•~, y ~ iss;i u~d_.s o.,~s i~ e.; r. .;reqagcd aS ~i spec~}itally set iorth and desuibed in the granting and
~-...rnd~m t'3~ses her,af, a~d s_~,h Rcc::~.e, s!~3-. f:~~.~ a!: tiie o•..~d ~d eft K..c ~!.ors and poweil in anyw~se entrusfed by a Court t0 8 Rec~iver, and
--_h appeintment sh,~t b~ rt:.de 6y s~:ch Cc.r• as +r: :~ci-~::t~3 ec;::i!y ar.d a matr;;r or absc"~te r:ght to said MORTGAGEE, a~d w~thcvt reference to the
:_•.~v;cy or ~nadrqvacy of tne va!ve of ~I,~ ;•roaerr~ ~r.o~ig::g,d or t~ ri,~• s:..•: .r=oivency o1 sa~d MORiGAGOR w the defendants, and tha~ such
~s, profns, income, iss~:s and r~•ver.ucs sna~i t,e apri~ed 'cy wch Recc~~rr ar;~~rci. ~g ro trte lien or equity ot said MORiGAGfE and the practice of wch
.~urt.
8. 1o du!v. R«~^Gt~v ar.d fui~y pe-form, d sch.~r~e. exec::t.~, Ft'e:t, com~~(ere, ce~•:v~~ w;th a~d ab~de by each and every the stipu!ations, agreements,
_.^d~!iens and covrnanls ~n sj~:.~ u:Or.~,~SSJ'/ nct•~ and ~h:s mo~rnina s~•+ 4~•rh
9. That in ~he eve^1 the o•r.~ne~sh:p o( ti~c rr:crtgag=_d Freny~ses. or a~~y pa~r tF.erecf, becornes vested in a person other ihan the MORTGAGOR, the
:;'~7GAGEE, irs ;ucccssc•s ar~d ass~~.~s, ~•~ar, v.:~t,o•,e rer~ce b r!;e `.+ORTG:-OR, d~~l v~~ih such wccessor or successor in interest w~th reference to this
~yage a~~d thr d_ot hcreoy secur~d in the <_~c:e n.anne: as +vi~h T: ortgagor •n-ahcur in any way vit~ating or d+scha~g~ng the Idortgagors' liability here-
~r or upon the d•-br h~reby secv:eJ. :';r. s~.e ef E.;e.-.~ses h~;rb; n,o~rgayed ard no fori;earan~e'on tne part of theldORTGAGEE or its successors
: ~~s~gns and nu e~'e~s~on ot the r~r^e tc~ rhe g~yn.~r.t tne d~•b• h~~.ei~y secur~c} g~:en by the 1J10RTGAGEE or Eu s~ccessors or ass~gns, ahall operate
_ ~ e~se, d.scharge, mod~Fy c+ar.ge or aFtect tne c:~g:nr,~ i~ao:l:ry of rha A1;~RlG:,GOk here~n, either in whole or in part.
10. it is s,:~~c f~c ag:ez~d fh~f i.me ~s o( tF.e essen~e of ~h~s cr.:tran and that no waiver of any obl?gat:o~ hereunder or of the ob~igaYan se-
hareby sha;~ ar any ti~~.e rh~rea4te~ be h•: d to be a~.~i.cr of the t?rnts herecf or of the insrru:~em sewred herby.
li. In r.::d.ti~., .o iGr.~lC ~,,...4,~1 i"::".nts o.' . ~
^ ' ~ d;~ r ss .eq,~~-ed by ~he prom'sscry no~e secured her~b~, mortgagor eovenants
~..,;r_es te p~y to ~ c•r~ v. n ra ~~r ~F~'; r.,r s~~. ~st.•, ,ied morty;gre to be eq~al to i: 12 of the annual tost of the fottow-
A--A!I re,;i E ropc•1~ tarrs , cr ,,:s~~as•_:i i~• st 'i~~ acov~ d~~zr~i~.~ tl reai ••stete.
6-Fr.,n. .::,s on f.rr an~ v.~.:tist~•~~~ :::s:;rr ce .,s i,•.r_~n r;~y~,;red to bc ta•r<ed cn the improveme~?s s:tuate on the above dsscribed premises.
C- Vre~~ ~ s o~ sx'~ r*~.~r.g ~~e 5:.:or3:.ti •rs~.,•a• c•~ as m;•t3agce sha:l frc•r. ro t~mc deem fit to carry on the loan secured hereby.
Nortg;~_~.~ r+<' `~^,rn t,.. c~~~; rr.c.r~„go; n writ.ng o! r.~~ ar, o:;~~t d.re and payable hereunder and svch sum shail thereupon be due and
, .~'e on !h_~ ciyr ~i=•~ et ti>> n;•..t ..c-•%:; ::ayr~,~~:et and ec~h soccezs~ve ^o^~h tnarealt~. ur.t~( mortgagee shall not;fy mortgagor oi a ehange in such
S~~d~ so~~s s~~a i bc a:,~..~.d •..,rry;_J::~ to:.a-d ti~e pa~n:e~,t of rc.~f prcperty taxes, insvra+xe prem:ums, a~id mortyage guaranty insuranee
.;ms.
~ tN '.'~tT~~ESS ::H~Q~O~. me sa~d rl,Jk'~.i-.v~R i~as nereu:,to se! n~s hacd and seai the day and year first afwesaid.
S~gned, Sea!ed ard deiiv d~n the presence of: - /
~ ~ f I.E a x • - ~ ` 9~ D ~1~-C' ;t
~ ~j 57_:~' :r1~?'' FL~- ' ~
~ j , : _ - ~ i+ ~OZ C ~ SlD~ tl (Seal)
F C. ~ - - - C _ c = ' : • _ _ ~~L RT \ ~ (Seaf)
_ ~ _ _ _ _ . _ t ~ : _~_~'~"i_ K ' (Seal)
~ OF FLOR A~' ~ uMai 2d ! i 3a Ah ' 7 j 30~019
~~~fY oF ------St. Lucie-_ ~
€
` Georqe C Smith a~
Before me persono'iy ap;,eared _ _ _ •
~ Jo ce K. S~aith
! - his wife, to me well known and known to me to be
. .a:..:a . a,....:....a ..a . ,
~ o,,,, ~„c_...~., ~„~~y~~:~g insirum-ni, ano acicnowiecgeo betore me that they executed the same for the purposes
expressed. And the said----- `~O~/~Q~-K' $p~i 1t}1
y of ~he sa~d _____..GeQYge C~Sll~~fl ~ upon a seperate and private
nar.on by me taken seperate and aasrt ~rom her said husband, acknowledged ro and beFore me that she executed said instrument freely a~d volum
~ ~ a~~d w:thout any comp~'von, constra~nt, app;cC,rr~~~fear of or ~rom her said husband.
~
YrITNc55 my ha~~d ar.d officia~ seal th s___ _ day _ a ~9~,~,
. ~
Notary Pubtic in and fo State Fbrida a arge
~ ~ My Commission expires: "
RC':JfR TO: ~ ~
; ; i:st Federol Savir,ys a Lo3n Assoc~~t.cn ~ ' 7
~ Of i~:•t G.
e r•.•.
~yt.
Foit Piercc. F:c- d+
s r~~` •T= , ~ "~,f
~ . - . .
: , ~ r, • • ~
s- This Instrument Prepared By Robert A. Swisher Jr.
~ First Federal Savings 8~ Loan Association ' . '
A oi Fort Pierce , 6lorida 33450 . ` .
~ ~ ~~l.~.,' -
~ Cnecked By ~ .
~ - ° R 239 PACE2935 " ~
~ 800K ~ ^ , ^ .
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