HomeMy WebLinkAbout2948 3. To plaer and tonhn.~o,s~r MzcP w, the ?..,~..l~~~gs eee^~v or he~.•,:tar s~tu.,to cn s.~ J Ienti a~:d ;,n a'. ~ q.nt, ~~..~t a~ d ~..•rsonaify <o.e~rdcL~: •!:ia roortg-
a:~e. w~th d~~ (~~an:~u~rif !F:,,i~•.~n ~..tf :n f~!1. .~e ir.s..: r`tr i~~ thC ~S,.f~ ste.~~~ril F:;'.cY ~p:m, en ~ z:.r? ..p.p•.ro..a ai~.. .Y~l'll~~l:~t_.It. •:-1 r..n~~y~;t~.n
.n5~rdnCB ~~l 1~1C oS~'e~ SflnuJrd f~o:.er (Oren, ,in d:u+•l d~:~~~J.~', UY tf1C ~J~~l..r1(~e[. :n SVCEI CO+~`p.1ny Or Co.~~j~,A~U~i .iS 1RiC ~~~:::'v+~(ii~ nldy
~,reCt; anC~ dll ~i~e a:.:) wTaist.ren inii~'J.+Cc~ No'~:,rs 4n a~~y O~ S.~~d ~x:~•~~r~'j5. any ~~~1.:~2tit !hBr~in Jt ~~drt !~:c•~C:.f, in tf~e aJjlra-ja1¢ a~+T df'vrESdr(~ Of
1'1 CKCLSS 1~1cfCOf, S}..f~~ :~~1!J~T 1!+P ul~.l~ S)~i:l~~fl~ n1i~fTj,~~1{C C1,1US^ G/ 5:~~~~ Ui}~2f C'~VS^ d1 Ifl@ 1~,".(!iJ.i.~20 may (c':yJ.lQ. ~I~aF~t~ 2~~.' ~il11 U~~J•.; s.~~.J r.c~i~
- en, each and ev<rY. c?ap~~ e to s.+~J .tl.)R1vAG~E os ~ts ~m~icst n~ay app:ar, ~d , a~i~ .~r~d e.c•Y e~ :h F:, c7 ~l:s!i l.r F,ra~.E:t!~ ns: ad a.:~ dc;~+errd ~o
any held by sa+d ht~Rt:;AGEE ds ~~•~h~•~ acc~~ir~ ~o s+;d n:ortg.~ye J_o~. ~~~d. nur 'ess ~~~an Ien (1Ji da~s .:d.~~~:e o{ th< <r~ :~ar.on ai cach ,:o;~cr. ~o de-
i.ver to sa:d A~OR:G.AG`E ~ rca~cwa~ .%,ereof, toq~~h~r ,~dh a rr:e.pt fo~ th+ prr~~:n;m o( such ~o~,rr.~'.: a~:d th<re sk~ail br ~r.+ f.r~ w:~~delc~m insura*Ke
piiced on any ol sa~J bv~!d~ngs, any,inte:est there~n or ~xrt ~i~e~eof, u e.: ss in •f e fc~~n a~~d wr.h thr icts p~y~b'e as a!o~esaid; o~~d ~n tt~e e.tnt any aom
of n,~nzy heco:~les p~Y~C~e ~ndrr svch pu4ty or po'.c~~•s sa:d f~Oki~,AGct ah:~li f~aYe ~l~e optipn ru rec.~.~e o~~d app!y the sa~~:e on ac:ount oi }nr u~~auted
ness seu,rcd h~reby or to per.~~A sa:d 1SJRTGAGC~S io r~~c~•i~e s~:d uae it or ..ny t~.r c~1 r. +~.ur~ ~s~s. .:.tn,.,:• ~v.:i.;>? :r ~~.~~i.:~r-
any eq~~ty. 1~~n or r13h• ~ndar or by ~1r.ue ot tnis •n:•r'gaoe; o~d in ~he even~ a~ d A~J~IGAGORS ShaU :o. any r~•ason ia~l io k~•e•p ~he sa;d ~rem~s_~s so
ns~~vd. o~ fail to de~rvar pra~i:~tly a:~y ot s~~[I ?.~o!.c:~s ,-.f ~ns.,:a•~.ce lo sa:d AtiORIi>4C•~E. cr t~:' ;,ramN:~y to pay fuity tny pr~•~n;um Ihc~cfor or in a::Y .
•as~e:t fail to perform, d>cha~ye. execufe. efiect. ~on~~ er,•. co~•.ply wi~h and ab~de 6~ ~h:s covene~~t. ur an~ p.irt hrr~of, s~~d MUR1G.:v~f rt.aY p!a:e a~~d
~a. Fw such inwr.,nce or ar.y pan th•,reei .n:~ho~t wal~;~.g or oHec~:~~3 any o.a.::n, ;~ar., ei~~~r~, or r~~h+ ur.de~ a by v~rt~e of rhis Alorr~,,~e, a~~d tF•e
t, t a~nount of each a~~d e.ery s~ch F~s,~•c:~nt sh~it be m~:ncd~ate~y due .+•~d paya~';e a~,~l s~~-i+ tira• ~~~trr_st ire~n ~}ie d~tc thrreo4 ui:til p.:~d at the rate o!
e f,.~r centvm }er an•n::n a::l '~•.~-t1 s_:h i~~t~~ rst ch.~ :r• s.,r~•3 i:y ti:c ~~an ol ~h~s morig+~C_
1. TO ~2[a:it. CC<cinit Of Suffef ~~o wda!P. im~~in:~~~t OT d~~tei~:Cr~t:Jn O! S~~l~ F~:~;i;e;tV Ot d~~y p~tl !hereof.
S. To pay ~~l and ai~gaiar ti~e coan, charges ar,d aipent~~s, inciudu~g a~easo~ ai~(e a!ro~ncy's fee ard costs of abstratts oi title, inWr+ed ot pn~d st
by sr~d R`~•4!~,AGfc ~c__~s~ ~ in ur~ tisc p_rt ot ti,r _~:d MORTGAGOR to du~y. pio,•,ptty and iui{y ~erfo:m. ~~schar3e,
cu~eneffect. cc*~.F,t~+e, ~o•~~~~~ w~h ~d aL~+•we ie ~:`ar~d ~~.°r,..~!s s`s~ _.•s. ..yr, ,~.;rs. ~o,:d.t o::s. s;:d co:- ,a,tirs of ta:~ r~o:~~;,so~y no~e a~~ei ihfs
_ r~gage any or e~ii~er, a:~d sa d cusrs,'charges a~d rxcense•s, each a~d 2vCr~,,sh,fd !.r ~:•:~n,•ci~.~~r:y .1.,e and ~aya6.e; vvhcrher w r.ot :h~~e be n.-.•~,e da
-d, ane~~~pt to co~lrct or svit pend.ng; on~ ~hr t~i! r.no~nr u~ e~°ch and e~er; c~~ch N.;Yn,rn~ sha!i bea~ ~~~t~ «st f•om !ne da~e thereol until pa~d at fhe
n~na per crntvn F t~ . . . ,,:d . . ~~~s .,':i , .,s ~ c~:rcd ..r ~..~d. tuy~tt~~r :~~th suth ~~~te«st, thal! k,e srcured by the I~en oS th~~
~ o~rg~ge-
1. Th.af in? ~n the evenr ofi any breach of thfs Morrgog~ or c!e~~o'' c~ th~ p.rt cf th~ 1~!ORTG~GOR, er ;t>1 ;n the event any of sa~d sums ef m,~ney
h.,r.,in ~efrr:ed to !;e not pro:,.pt~y acd t~trr p~:d v:~+';~: ~n.-±ti ~3v: ~a~s r,~.r• a.~..r ~ne s,.:.~e s~•:e~,+.ty Ccceme d~e and pa~ab4s, w~thow demand or nati:e.
in tha e•rnt eoth ar.d av~ry ihe st~pi~'a 1i, >.~+ec:rer,~s. d:•~c :s and co.en~•~~s of sa d pro~: swry nete and fh~s n:ortgage any or e~tht. a~t n~t
'.,.'f. },romptty an:i tut:y ,:r+i.~-,e.i, ~>_~,a•_:-:i. ~:d. a••;.,.~:! ce•:, _•s.i. ..,~1~ ond a~:~_~•.d `~y, tNen ~n e;ther o~ any~~th e:enl the Sa:d ag.
.,_~a•e sum ~ner,e~o~,~d in sa•d pr. ~e ~t~o~~ ~~~re tl ~~a~ fe:.i i~n. ~g ~::~~.:f. :.i~n ,~r•r:' . cd. end m,oneys srcured hesrby. s!~a~l 6rcor~.e d~e and pai-
_ o for~hwi!h, o~ ihr-c.,^~r, os !h~• ep,.,~, s:,.u I.'.\.K-+,r~J~~ ~y a•:t ~..•,;p.~.:'; a> ~f aii of ih~• sa:d surns of money weie or~g~na:i~ ahpu~ared
• c;a d on such .+!ncg ~n s~ u;vr r.ss~~r, ..:.t• cr m tn~s''.±.rr:3a,3.z !a ~t.e co~~!•ary r.o~~.:~hsw•~c~~,~; .,~,d thareu{;on or th,Crea4ter at ~he ous:on of
s. c! •1tORTGAGEE, w~th.cutr r~oT,ce cr d<,; .,~.d, >.,~t „t tav, cr ;n e:;u,ry, •h. or ~~,.~r.,oi~rr tr_~yvn. ~t~ay uc presewted as if a~i money~ secured hereby
~ ,.,a:vrco pr~or ta ~ts ~~st•!~e.an.
7. Tt.,t ~n ti•e ev~,~t ~':a! at •n.: F:.~[,.,,.:~ :f or a! a:~y r~,.~;.f, q~~, s.:'t c;.~n ~:,;s I;e~s3~ge, or to forectose it, o: to ?eferm it, or tn antwce
_ , . .
..-:•t ot any c',.•,~s r~~e~ :,.~Rj;,. e~~::: c.:_•r s:fci:~~: ~n~~:~•et for the aPpomm~rnt of a Rece:ver. such Covrt shai!
:.r.h a,.FC;~,! ~ r~~:_~.~ .f . . ~ • . dr, _ „~3 s. .v.r. sF ~rccn~e. prot,n, iss~es a^.d revenurs !rom vch,tevrr
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c~~,~+::1, :.c~ ar':: ~:.r~ C~t , • ~{,•~.SS y :d_•sc_:.~ ~s ~ . . ;;_J ss ~f s~ec fical:y ye• :o~th and descr~l:ed in the yrant::r~ and
• :,'u~r, c a_sa• h,~r,•ot, ,r~d ~._c', d~_, = a:i ~h~ i~~:.,~i ~:.-i c i.± ns a~~d po~•.era in any::~se entrusted by a Court to a R_c~iver, a:~d
~13ppoin~me~~! ah,~. tre r~.~de i.. r: . C:_ +s ti•,d ~ ~~'i~'~te r:ght to sa~d MORTGAGEE, and w~~hevt ~e;ercnee :o the
:,.~o~c~ or ~r.adaq:a:;; of r~e :aue ot _ r.r:;:~~, n~-~g:gr.i o~~f~ s;.•'-~;r .._..~•~cy o; sa:d NORiGAGQR a the defendants, a~,d ih.,t s:+c~
•s prot~rs, incon•e, ~SSaeS aru! r<•er.ves sia:i be ,..:d c:y s~c'~~ Rec~~:_•r ~~o t':e ~~c~~ or rq~ity cf said NIORiGAGEE a~~d tne pract~ce of s~ch
.,rt.
8. Ta dv'v. C~~~~,:t'y a-d f~.;iy ~.ertorm. :.ti.:+.+•_:e. ~~.~eu.'.~ e~rcc! co~-c;:.!~•, v.;eh and a6~de by each and ever~ the stipu~ationz, agree~nenls,-
. ,i~.t;cns a~d cvve::an,3 s::.t pro~:~s~,~^~•y _ :r..s ~•~._~;g+je s-t
9. Tha! in tne ev~rt tae cv:ar•«.:~ of t~.e ~.,.•_o .;rd ~~r- ~,s ~s o: a-:; fa+i !+.,_r~ cf. n-=:o+nos vested in a person other ihan the MCRSGACrOR. '}:e
.;'~'GAv~E, iis successon a~<+. a:-:,~~•. ;y, . ce c~• e.. ~~~h successor o• secccsnor in ~nterest v.:eh refe~en.e te th;t
:ge ar~t~ 1hO devl Fc:Bby sccured ~r, t?~.~ ~:arlr,c.• as•...'h !.'_~rt~.~.^,.r w.•:,_.ut .~--y •.v~y viCalir.~ Or d,scF~.~rginy the rAo.rgago:S~ Iidbtt:iY tl2rc
or ~pon rhe debt hi•~e:;~ s:c :r.d. ,.o a, a:-f e;. + is~•s ~~o•t_~_cr~ a~'d no ferL•.ara~ce on the ;.ert oi the IAGQIGAGEE o~ ~.s s~ccessus
>~~s and nc e~~crs~~., of ri,.- r,. !i,~ ;,~y:. ~,f t~.e d.rd,, e~ . s, c_:•~c: y~.en by the :.'ORiGt.GEE or ~ts successers or ass:geis, a~~ail o;.erare
_ --'`e, dsc!na-y-e, mod~ty t':onyr_ p. ~'~ect o~: ,.:,a• .~v.. o~ t;~(G:aGO~ ~:e+r:n, either m vrhokt or in part.
10. It is s, ~~cFPc.~i~ ~:~.,,~d tl,at _ is of _ ess_r.ce uf ~t:s co•~tr~u a..d !•~~t ~o vaai~rer of am~ rb';gat~on hereunder or of the obtiga~ion se-
-~•~d hareby sha'~ at an f ti •:e rn.:re±*~er ;e h_ 1 i3 b•, a v. +~.rr ef t!;r_ !e~r.,s ?~_-rc::i cr oF tnc ins!rwneN secured herby.
11 ln a:i;? r : r~ _ iu_,,~ ~ - . , • . . .:+-d ; • , .cd 'o/ ~he nrom s;r.ry no~e secured her~b~, mortg3ga: eovertar.ss
r
i .,3.ces ro pay To o t~ ~,e h _ ~ , . , _ ~ . . . s_~ - . ~ ~~cri~3gez to be eywi to 1 12 of the a~~r.;,a1 cost of the faiiovv-
A-AI, r,jt ~.r:~pc..ty tacaz ev..-! o~ ais-ss•,c s• t~: .a:e ~•:~Cr.Ir~I 't3P f5-01C~ X~`~'!1,' _
- F-.f• ~.J-'1 J'~ t::.~ d' ~ r.~.~:1:.. .,'S~':.•'~_. ...r '.cj i~: C~:- :d~•~•.:1 C•'~ th•• •r ;:ruv_m.,:t•S S:tVd~c Of1 11~C d~YC d°SCfI ? [~(e/y~~3l~
~ . . ' ~ irl . i~ ~j ~ . ~ j, ~
d,em fit to carry on t?~e ban scc h ~ ~
. r F, ~ ~i ~i ~h ~ ~ ~ .na• . ~ -5 o~c~:yay.,F ch~': ~s.:.: ~ S , • t~ L:re wet~ ereb- . . . ~
f,t~ : so e~. ~E .~`c ~H~::~ ,•,nq ef tt~e n, ~-"..d.~• an.j palable hereundar and svch s~•n sla,i:l there~FOn be dils dl~$~' .
e.:n ~~~h~~ a.,r. ci !k. . . a,~~ e~c!: sc:c_.s~vr .~c:-:sh ri:e•eefr.~• ,,,si7i mo~tuagee sha!t not fy rr.s~!ea~o! of a eha:ige in tu~Y
Svc.`: 5:..."3 s' a.: ue a+:~~~.ied i:~y r.~ [:~.•.~+r ~c.:•.3-d tt:e c,~f~r.fntfcf real }:r;.~e•ty tanes. irtsurance prern:ums, a~~~! mertg~e gvardniy in~V~pnCi._~
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C~i ti'rIT;+E`_S .':K;u,p'r, ~hr sa~ci !l•02~G:+GJR },as ner~u~~to se' n~s hocd and se~f the day and yeai first aforesaiG~, ' ' . ~
~~gn . Sea!ed aad dei:~ered in tF.e pr~ser.rn of, ~ 8~~~~~iCi~~~rl~~r.~p _ ~ ~~~D
F~°. _l: r., =.~~U 8yt ~ ~ ' < >
- ~c^?~~ S ~ . a5 ~A. • ,1?~a~
L - , C " ` , . _ ` L RT ~~T 3 b + .r J~-' ~~f-i ; s r! I ' (S~al?
- - ' - B. Hutchinaon~~eSi3~17 tsear)
~AY ia l I 39 AN ~~5 - - - - _ . -
STATE OF FLORIDA COUNTY OF ST_ LUCIE J~i~•"~ ~
I HEREBY CERTIFY, That on ihis day of^ , A. D. 19~_,,
: before me personally appeared Vprnnn C, Rhinesa~ith and G. B. Hutchinsoti _
respectively President and Sec~etary - - , ~
B~nct~rk C~*+st~ctian GamDanx~ Incorpor Florida Co ~rporatioii; to me
known to be the persons described in and who executed the foregoing instrument and severelt~y:qCknow~gd~e~:tfie exe-
cution thereof to be their free act and deed as such officers for the uses and purposes therein menfiioned; ,~j~d:3fiaf They
affixed thereto the official seal of said corporation, and the said instrument is the act and cleed~;of. sai~.t~Q~on.
. ~.~~R`_..
WITNESS my h~nd and official seal at Fort P+erce c• , said county and.sfat~,.:; ''t'~`i
This insttuaent prepared by . _ ~ ' i 'r '
Gazy F. Sllvrood !_~-t e 1~n~ ;1~~.• ~.y~, ~ y~~ ..~..sc.~.~~. ~~"?'j~~
~ii'st Federal Savings and Loan Notary Public, in and for State and County aforesaid.
Agsociation of Fort Pierce~ Florida My Commission Expi(,~ery ?ubfi;, sfe~~ of F1en'sto o~ usr9i
My tomni :s'•:. _ .'_U. 20, f977
Lor.d~•d G~ s... . ~ G C~,vulfr C0.
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