HomeMy WebLinkAbout0910 3. To plece and continuously kerp on the bu~.d,~~as :~uw or hr+eafrer ~~t,,.+~e on said lain! and o~ all ..~q~~p~»ent and penanally core~ed by thi~ morlg-
ege, w~~h all premium: ~he~eon pod m tu:l, t.re +nt~~o ~ie ~n thc ~w~l srontiard c.r,tky lorm, in • s~m aN~ioved bY the MOR(GAGEE, end wmd~Iwm
~~wrsnca in tha utual sTanda.d pot:~y (orm, in e~~m epproved by the MOR~GAGEE, in wch tompany ot comp?n~es a~ ~h~ MORTGAGEE may
d;rec~; and all fire and ~v~nd3~orm ir.~v:ance ~.~I~c~e~ on any oi a~~d tw~id•~~ys. a~~y irlcrost the~ein ur pa~~ thcrrol, in ~F~e ay9rega~e s~m ~to~esaid or ~
in exteu Ihc~eof, shall conta~n the uwa! s~.~n.iard ,nort~~gre ciause o+ su:h o~he~ da~~se as the Mortya~ee may ~equ~r~, msA~ng Ihe ioss under fe:d polN ~
c~es, each and every, payai'e to sa~d h1JRi:,A~EE as ~ta ~~~~~_r~~~ mey appear, a:~d rach and every s~sh p~ .c~ sha11 be FrwT~ptiy au y~~rd a:•d delrvrred ~o
any held by taid L10R~GAGiE a~ (urihri s°wnty to :a~d n.o~i~agr deW, a~~d, ~iot i~ss ~han ten (10; days in ada.+~ue of the expirat~on of each polity, to dt
I~~m ~o seid h10R(Gdv'_E a renewai fherrof, toge~hcr .~l~~h a rcu•yzf fo~ 1hr pre~:::,,m of such re~~e+.al; and ~hcre ~haU be no i~re or wi~~dstorm insurance
placed on any oi sa~d tw~iJ~ngs. any i~!eres? thcrc~r, or par~ f}~:rcof, u^;~ss ~n ~'r~e for~n a~~J wnn the losf payaolc aa aforesaid; and in the event any sum
of mooey becomes paya6~e vnJe~ ~uch pol~cy or pof,c~es s~:d MORTGAGcE sh~il heve ~hr cpr,on ta rec.ive and apHty ~he aarne a~ acco~nt of ~he mdebte~
ness secured her»by or ra permi+ tia~d M.ORfGA:aORS ro rece+va and ~se it ar a~~~ ~~.-:~t ih~ :.01 ior ot~.or ~;urF oses. ::~~ho.,t ~h ~rr:~~ vr.:~~~ i) cr ~•:;poir-
a~ry equ~ty, i;en or nght ~nder a by virt~;e of th~a mortysge; and in the event sa:d ASJkiGAGORS ~hatl (ot any reason iail ~o keep tha se~d prumiscs so .
~~sured, or ieil to dr~~.e~ pro~~~ptly any oi se~d E:ol,c;es of ~i~S~~anCC to sa:d k1OR~G<.v!E, or fait p:wnpNy to pay fully any pre~n+um tfic~atw or in any ~ ;
resi~ect faiE ~o per(orm, d:sche~ye, raeCUle, efieU, tanp't~tr, co ~~~:ty ~.,i;h axi .,h:cle b~, th•s cuvenen~, or any pa~t hereof, said MURTGi.GEE may piace e~~d
pep for suth inwrance or a~~y part the,cof without wai:~ng or aflecting any o~.~t•~n. ~.r:~, eyu~ty, or n}f~~ under o: b/ vu~ue o~ this Mo~~ga~e, ar.d tht
,;I ~~nount of each ar,d r:ery e~ch ~~oymant sh~ll be .m:n.d;orrly dve ard Fa~a`-'c a~~d ~ha;! b,:ar inte~,s~ trom ~h~ date thercof unn~ pa~d at the ~ate o1
pcr crnt.,m y,c+ .z~.n~.;: ::~J i._:1.r ~~~th s::i~ ~.~:~.rrs• s1,,,.: t:~• s••w~-~d L, thc I;e~ ol th~s mortgayC.
1. io permit, co~nn~it or sufie+ no wastr, iin;,r~n>rnt or Jcr~~r~er„t~eu of sa~d prcpe~ly or any pa~t thereof.
S. Ta pay a!I and s~~a~la. the cosrs, cha.ges and er~ e~,ars, intivd~ng a reasonau'e attemey's fce and ccsts eF abstracrs of tiHe, incurr~d or patd at
~ny t~n:r by sc~d h'.vR1GAG'E. becsuse er ~n it~e evar;t of ~t~c ta.iure on tF:~ c;:~t of ~he so~d A'.:JRiGAGOR to d~~y, promplly and fu:ly pe~torm, d~scharge.
=..~c.:!e, effect, cooi~:irte, o~~~ply w~th and ab~le h~ e+:h anci r~er~• ti~e N~N~:ai:cns, acjrrem~•nt3, cond~;~ons, and co~enants of sa~d p~omissory note a~d th~~
:•igage any or e~~her, and sa d costs, charg,.~s e.~J e~F~•ns~•s, each and eve•y. iliatl be i~~~~~~edia~c'y d~e and payab!e; whether w nof there be notice dd
attempt to co:leU or suit pend ng; and :Ge tuL' a~~o~rrt of each a~:d e~er; svch peyn:ent shati bea~ inferest from the date thereot umil pa~d at the
• ~t n:ne pe~ c~•~:i„~n t.<•r <<.: a~; :.,+s, ;i,,,~~~•s ~•~d ~-w;:~~ i~•s :ecurreJ or pa+d, ioy-~thrr .v~th a~th mterest, fhall tx lewred by lhe lien Of 1hi3
r;ortgage.
6. ihat (a) in the e+ent of ~~y braech of ihn .ti'.crrr~age or c/2fdJ:~ on tt~- ~:art cf ~hc- V.ORiGAGOR, or ;b) fn the event any ot sa:o sums of money
!~-.c~n referred to Le not prc~r.pily an~i t~,iy pa~d v:~rtu„ tn.~!r ,?Q) da{s next a~~e: ~he ~.~•~,e sF:era:Iy beco•ne d:~e end pa~aWe, viithout demend or notice,
'c! in thr event e:.ch ar.d ev~+y ~he er~pu'~',c~~s. a_~r.~..:ne:,rs. co~:l:::c,s ~~.d :ovr:iar.~s ot sa.d pro•nlssu~y note and th~s mo:tgage aoy o~ eithrr are not
i~,. ,~~.ro~~~ptly ar.J +~!!y p~rf~:~~:_.i. c x~,± ~•.ci_ ~,_•c.;r,d, e'fec~r:i. co.,~~,'e~•-d. t,.,.•d ..~~n ae;d at~cied `~y, then in e~ther or any such eveM the aa~d ag
• ~a!~• sum ment~~n~~d in sa~d {:ro:n~ssory nc7e ti.en re~~:ain~~~g ~;:Fa~d, w~ti~ ~::tc«,~ ac.:..cd, and aIl money! setured heteby, shall become d~e and pay-
to:thavith, or !imreah:•r, at tno op:~oi o: a~.d M~~RTGA{~EE, aa fulty a~~ r.um~:r~e:y as if a~~ of t'r~e sa~d auma of money were or~gma:ly stipu:ated
.z~ pa.d on wch d.:y, anyr~~:~;g i~ a F+o :,~sscry ncre or in ~n+s ;llvrtyeg:- ro ~ho co•~ir..~y r:otwithstaod~ng; and tMereupon or thereafler st the op~~on of
h10RTGAG:[, w~rP.ovt no+.~~• o~ de~r,srd, s. a~ ta~v or in e:~~ity, tncret.~re o! rhrr.•aiTer bcgu:~, nwy be prosecuted as if all mooeys sKUred he~eby
• :i matured ~~nor ao as i~st~r~• ~a ~
.
7. That in the er?ru th,r at tne t;~~gh: :~f o. ;t an'y •.r.,e ~;rnd:~,y oay s:.:t ~pcn tl~is Atortgage, or to foredose it, or to reTorm it, or to enforce
.:.mem of any c~~•r:s h.r~cur•;1,r, sa:ci :',UR~I,.{.~`_ sna~' ~rp'y f-v th~~ Co:,rt l~o~~ g;v:isd.:iion t~,ereut for the appo~ntrrent of s Receivet. soth Court shail
. ~.~:rh ap~emt a re,.,.er cf c~ m~~'ya~ed c:~o; rt~ a!! and sir.3~~a~, irc;~;d ny o~;i~d s~~ 3ul~~ tne mce:ne, prol~ts, issues ar.d revenues }rom whatever
s.~:.e d~r,.eci, c:c~. ar•.~3 c•.vy ot ch, __~+r_, e~F,ress~y :1,1~~C'>:GO~. 1] PC.C'J~ :~.:li~,;iqed as ~f spec.f~cally set for.h and deuribed in Ihe granting and
.~~zdum c'avses re:••or. ~^d s~::h Recri~.e: siuli h_v~ a~i th~ b•c.:d and etr.~c•:.e f~rcr uns end pvwers in anyw~se entrusled by a Covrl to a Reteiver, and
~ 1: ap~Cin!mea? sh;i~ rx• ::;ade cy si~ch Ccur' as en ~a~n~rtcd equr,y a~~J a r,wrr.~~ of abao'vre righl to said AIQRTGAGEE, and without reference lo the
_.~.q._ra~y o~ ~nadaqvacy a! t~<_ 1a~ur o`. ~h.- prp;,rrty n.c•,tG;~ed or tc tt~~ 5,..'.,•~:cJ .~s ;_..~:~r.cy of sa+3 I~IORiGAGQR or !he deiendar.}S, and that Such
rs. profits, i~come, ~uces and rever:~es sna:t be a~:p~~ed ~y such Rec~rver ac:~ro :~g ~o the i~en or equity o( taid 610RTGAGEE and the prattite of such
_ rt.
8. Te d~'v. F*c-~t.f:y a-:-± f~,'~ ;;erc,r.., d~y~n~•3e, cxeccl,•, er:ecr, co•-;;~=~tr. wr.h and abiJe 6y each and every the etipu:ations, ag~eements,
_ra~~:cns ar:y covrna:in sa~d oron:.sso•~ no;c 3:~d :i:'s morc~a3e srt fwth.
9. 7naf in the e+e^t thz or,ne•ih~c, o} the r.~ortgag_d pte'~ ses, or an~ part tF~ereof, becomes vested '+n a person olher than the MORTGAGOR, the
. ~1GAGEE, i+s se,!ccss:,•s a•~d ~s>:~r.s. ay, v.~:i c~~ nc~ .e to r`,•s t:.0?+~~Ok, deai .~:h ;uch successw ot succes:er i~ inte~eft with reference to this
.•gage and fi,e ~_ot h.~,.,b, sea;:ed ~n ehe 33.mn p~~rir~'f as w tFi i: c••n,agor w~rh~ut ~n a~~y way vit:ating or d:sthargi~g the Nbrtgagori liability hert
~ or upon 'he ;i.:bt l,.:~u~.s:_.:r~d ~;c s- ~ oi s:•_ fr•: -_ses h~r•,b~ n,e:~3,grd ar.d r,o (orhearance on I~~e part oi the fhOR1GAGEE or its sutcessws
~.~g:~z a:,d ~v e:re~ s~e:ti c= +n•r r~:_~ r:;,ay .-e:~f c.' !~.e drt,~ i.•• s~wred g~vrn by the t50RTGAGEE ar its successws or assigns, shall operate
ease, d~scharge, mod~fy chanye er a'irct u~e origana' iiao:;:ty o{ thc ;AvRSGAGQR I~e~ein, eithet in whole w in pa?L
10. It is spec,fica~~~r ng.eed thar tnnr is ef the esse~ce oi thfs co•vract and thal no waiver of sny obligat~on F1CfeURf~Cf or of the obligstion sr
_.~ed hareby s~a~; at ar,y tirne thcreafter be n~;id to te a~..,eive: o! the •rrrns I:erecf or of the ir.strument secured herby.
Il. 1n add e:~_ ; t~~ r::~~ ioregc , ~:;n~h ,.r~,rs o; F:~: c p~; er~d ~-:~.,r:.sr re~~::ed by the prom ssory no!e secured Fwreb~, mortgagor eovenants
~i .;gr~¢s to pay ro e.o~~~~~ee ,.,rh ea:h m~++h y Yar~-ent an o~;i~r:cna: svm cs;.r;ied b;~ roo~rg~gee to be eq~af to 1; 12 of the annual cost of the fo~low- ~
A-Aii rea! F.rop,>•ty t3¦az 'rv~e-~ or ~•.s_~:_:! _ a':~vr d~;c• ~•d rral es!at~.
6- Fr.>~-..~ns cn L~r anci r~ +.dsfo~~n ir~s:-.:: :N a; :~e*: :n req~(~ed +o b~ ca-~~••d c~ th•~ Im,r.rov~mtnts s~tuate on the above destribed premises.
C-Pre~r:~v~••s on ,~cn r.;,r~g,.e u:,ar,~r. , w~ar:ce ~s ~r o•!gagee s:ia~i f..~,;r r~T~ ro iime deem iit to car~y on the loan secured hereby.
M.orrgagec s~:ti'J f~o~r: e ro ±-~-e rr.crr~, 3, •:n writir.g of tF.a a•:.c~~t dve and paya6le hereunder and such sum shali thereupon be due and
i ~ o~ r~._ d,;r d;+e oi ~hc c+ . c^!r r ;y~*.er,r a~:d e:ch succ^_ssive no.^.th rF,ereafter ur~ti~ mwTg3gee shall notify mongagor of a thange in such
' t;e a , d c :o.. ti,e a+ne~,t of tE3~ ~o xrtr taxes, ins~rante rem;ums, and mort a e uarant insurance
. Ssch s~res s+:~~.: H;~.~a ~ ,rgr.~:c ~ F• Y F'~ F P 9 9 9 Y
` nns.
f I~v IYIT?:tSS .<+i:R~Of ..c sa~,i ~~'.OKTG~GOR has her~u~to set his hand and ai rhe day and year first a(oresaid. '
{ S~gned, Seated and dn~~ve•ed irt rhe prrsence o~: E j~ ~
~ - - - - - jLE p Ab31~~~ ~ W~~ si~
_ ~'Y~ ~T•~~~ C01f Y f
~ - ~ 04~g P~1 C0~1~ " (Seal)
- / - - ~'`~aX C~
CU1 Seaq
_ ~ __~s~% !:1------ 1tEr4A~! VE..!F~EO
~ ,~6
Of FLQRIDI~~ ~ 3 ~
St. Lucie
;~.TY oF - - - ~ 324214
Before m,e rersona~iy a~peared _ Ca. T.. Wdt@IS _ and
:
_~/1rt~lTlla M. Waters his wiie, to me well known and known to me to be
•.;::divid~a~s desuiced in and who exec~red the fo~egoing insr.ument, and acK~ow~edged before me that they executed the same for the purposes
~=n expressed. And t~~e :,~a_- Vir4inia Waters
of ehe sa~d Ca. I.. W~terS
~ ~ - - - - - - , upon a separate aod priwte
~ ~ai~on by mr taR•_n se: a.are and aprrt frcm her sa~d hu:band, ac~rk,tiledged ro and before me that sfie executed said instrument fieely and volurr
~ ar.d w++iicvt any com~u;seor:, co~~s!rair.r, a~prehens.cn, or iear of or from her said hus and.
~ Y11TN~55 hand and o~fiual seal tt,:~ __31st Decem~ier 75
y _ day af------ A_ D. 19
J
~ . \ ~ ' / ~?'4~/1/~L/1 ~ .
„ Notary Pu51ec in and.: or the tate of fbrida at large
~ My Commission expires:
~ Return To:
r.:st Federal Sav~~:yi 3 toen Asso-:~ar on NaTARY PUBL1C.SjAiE Of F1AR~DA at LARGE
~ o; :o~r a...,c•, 1911
wr cocd~;!ssio
~ e~~i i~w:oa ~
Fctt Pierc?. Fi::•icJ~ 8ptM1PA By ~ t-
\`~i~t~?;1i~lGflr~~ .
~ o t~ S ~!~i
This Instrument Preparecl By chard K. Kayes ~JvNaj'~~' ~
~irst Federal Savings 8 Laan AssociaTib~ ~ : ~ ~ ^
of Fort Pierce Rlorida ' = 3 ~ - ; ~ _
~ _ . . ~;~0*
. ;
~.,p c ' ' O Q7 ~ ' _
Checked By I.~-- n s , f O%
; , . d r, e @ _
~ x~~7 ~10 •
~~~4[ `~i,~,~~'J'•......••'„6 -
. ~ I ',f ~~il~{.TlT ~ J
~ - _ - - - - - - - ~cy...
~ " x `-s - -#~'-~'.~s~,,~ ' ` ~ ,.r~-~ ~.4
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