HomeMy WebLinkAbout0286 3 To placr and con~inuo~fty keep en thr b:,~ .1: .71 rwx or h.rreelter f.luete On t~~d !.?nd end c~ e!I . ~„a.-~.ent a,d ~x~~o~elly ce~rrrd by ~h~ti ~oprt¢
sg~. w~lh •1~ prrm~u~»s ~h~•reun ~,.,d ~n fuil, t~re ~~t,~..,,ce ;n th~ usw; sra~~c1.~~J ~~o!~iy lo~m, ~n s s~m e{.H~c..~~d b~ ~hr Mvk~~..:.G:f. e~J w~~,dt~orm
~nswance in Iha utual {Id~14JJfd `.U• Cy lo~m, ~r, a w~n aHp~c:rd t.~ ihe h~C.ikiGAGFE, in tuth tc•npe~~y ur tun:per.:e~ es the 1,1Up1GAGfE n.ay
d~rlCt: •M~ JII h~C ar~d w~neJt!orm ~ntu~on~a pv: e~es un eny o1 Sa~d bu~~d~nyS, •rry ~nrsrre~ thr'r~n or psrt thuecwf, in Ihe egy~c9~te twn ~lo~es~~d O/
in aYCets Ihereo(, s~~aU ,ont,,~n Ihe uec.il s~a• d,r./ mo~~g.gre ci.auso o~ tutl, o~her t~eusr as Ihe 1J~o•tya~ee mey ~equ.ro, msk~ng tne ic~s unJrr f.•J po~i-
c~es, eath and every, pay~b!e ro s~~d StORIGA~EE as :~s ~r.te~.-at ~~~ey oaW:ar, and rach and every tvch po'~c/ ~6r11 be pro~np~ly a?sg~~d anJ de:+rrrrd ~o
~ny heid by seed MOR(GAGEE ai fv~rher srccnty ro sa~d n:ortg+gn drot. e-~d. no~ ieu ~han len ;IQ! d~~s in ad~ance o( the eapira~~o~ o~ rath poLty, to de-
Gver to feid h10R1C,AC;FE a renewat Iha•reoi. toyrrha~ ,e,~~h a rete~~,l fo• thr pram~um of auch re~~cwa,; a:~d there si:all t,c ~~o ieo o. .v: ~a~;•,n i~.tura~.ce I
pleted on eny of sa~d b.,~!d~~iys. eny ~ntareei thcre,n or part ~hcr.ol, un!ces ~n the fo~m and v.~~h ~I~e ~o» porot,~e a~ a!orese~d; and ~n it•a e+eM a~.y sum
of rrwney brcon,rs payoF~le .,nder s~:h po:~cy or po?:c~rs s:+~d ~AORiG:.GEE ahall heve ~1~r opf,on ~o rro:~.e ~.~~d ap~:,t the sa~~~e on accou•~e ol the ~~~dccr~d•
neaa sec~.rd ikreby or w prrrr,~f sa~d 1.10RfGAGORS ro feLr~.~ a,~d usr it or any th<• ~ of i;,r c.,. r ,~i~•: ...v ~h ~ ~.r _
ing anv eqwty, lien or r:qn~ uncirr or by vi~tue o1 Ihis mor>goye; ar.J In the evrnt aa~d MORT(~AGORS fhetl fo~ any reasoo lail to iceep fhe ta~d p~em~sra so
~nsu~ed, w faJ to drL~er pro~nNtly iny of sa~d {ioi.ues Gf ~n~~rance to fa d MOkIGAGFE. or fa~: pro~,~ptly to pay fu^y rn1 prr~~:;~~n thcrtfor or ~n a•~y
re~pect lail to per(orm, d,:chorJe. eaecute. eifec?, co~~~p~etr, cc:~.ply wnh a~xl a~~de by •!:.a cove~~.~r.i. o~ ..~,y p-+~~ ne~eof. s.+~d 1di,ki~:.GEE ~,~.+y p~ace a•,a :
pay (w wcl~ insurence or eny part tha~eof wnhu~t xarv~ng or alfeuirx~ eny opnon, lien, equ~ty, or n3ht ~nde~ a b~r vu~~e of th:s N,o~tgege, and tAt
fv11 amount o! each and e.e~y a~ch pa~~n,,~nt shii( be n.mrd~ately d~e and parab•.e •nd ~hell bear ~nterr~t (~an thu dote thcr~of ~r~hl p.,+d at t6e ro~e of .
n~n! p!~ tentum Ner annu:n mid t~~..tl~er v~.ch wui ~ntr~est st~~~~ be t~•wred by the I~en ot fh~s morigaye.
1. lo permit, tommit or svfier no N,aste, imp~irmrnt or drier~oranon o1 ea~d p•ope~ty or any part thereof.
5. To pay all a.+d s:ny~lar the costs, charge• and exF,er:s~s. ~n: ud~ng a~easonab!e atrorney's ~ee and costs of ahsnacts o~ t~t'e, incu~red oi pa~d a~
any time by u~d MORTGAGEE, becavsr er ln the even+ of th~ f~:~ure on tne part of ~he aa~d MORIGAGUit to duly. prompHy end f~~iy prriorm, d~sch~rge
e:ecuro, effed, cwnple~e, comply w~~h and ab.de by e:+ch and ~~ery ~he sn~~iar,one, a9~eementl. COnd~+:ons, snd covenann of sa~d pror„Isso.y note a«d ~h~~
mortgaye any w e~~her, and sa,d costs, cherges ar.d exp.enies, each anJ rvery, shail be inimed~atr:y dtie and payeLle; whrther o~ not there be noe•ce d_-
mand, attanpt to co~iect or w;1 ptnd•ng; and the fu.t a~novnt of each and rxry svch pa~mem sl~o~c bea~ ~n~eres~ from ~he date~thercof unt~l paid a~ ?i.r
te o' n:ne per cenrv~n ycr J~1:~y''1: a:~~ a~l sa~d c:,sTS, c!~a•g.s a~~J c¦uzr,i~s :~KUrred or pa~d, togethtr weh such intereat, ~hall be secured by the l~en of th~~
mort9ag~. _
b. That (a1 in the cvent of any brrach of this A~ortgage o? defaulr on rF.~ part of the MORTG~+GOR, or ;b} ;n the evcM srty of sa[d sums of rrwney
hne+n refe~rrd to be +~ot pr~,~p~;y and fuily pe~d w~rh~n ~h:rfy i3ui da~~ nert a++.~. !he sa~ne saYcra:~~ oecome d:,e and pa~a~!e, w+~hou~ demend or noncc,
or (c) in the event eoch and e.ery the S~~~u.3t~or.s, ay~ermenti, ce:~d~t~o=~s and cooenanrs ol aad prOm~sSOry note and th.s rncrfgage any o~ eiti~er are no1
i~ly, pranpfty and fvlly perfurn:~d, dacharg~~d, eaecv~ed, e!fecrrd, co~npkted, compt~ed w~th and ac~drd 5y, then in e:ther or any such eveN the sa~d ag
g~egete sum mennoned m sa~d p•onussory noee then rema~ning ~~i~:a~~, wrh inte~ezt accrued, and a;~ moncys secwed hereby. shal! betome due a~d pay-
eb!e for~hw~rh, o~ ~h~rea'.rer, at the ef~t:on of s.>.d !:,ORiGAGiE, as (u31y a~~d completely sn if a~l of ~I:c a.+cd sums of money were or,g~na~ly s~~pu~a+rd
to be pa.d On Suth d.:y, an~tl~~ng ~n s+d F;ro•r:isory t+ote or in this MO~tgage Io the cOntta~f notn~~h~ta~id ny; ar.d thereupon o~ thcreafte~ et Ihe opt~on of
s.+~d MORTGAGEE, v.~:ho~r nor~cr or dem.~r.d, s~~r at iaw o~ in eqvity, Ihe~rfore ar ~herraher bcg~n, rr.ay be prose:utcd as ~f atf moneyf sec~~ed hereD~ ~
nad maWred pnor to ~ts i~st~tv~~on.
7. That m ehe e+ent that at the beyinn'r~g ef or at a~y th+~e pend~~,g a~y wrt upon t~~~s Mo~t~age, or to fwet!ose it, or to reform i~, or to enforce
pa~ment of any C:aun~ Fe~eun(/~~, sa~o tAGRiG:+G:E ns:+~: appfy ~o tt~c Cuvr~ fTa~~••g ~u~~sdct;en th~r:eof for fhe appo.ntment of e Reteirer, such Caurt shai~~
tc~~hwith appo~nt a rece•~er ol s.,~d ~:o~tgag~d prep«rty ai; and aingvSar, inc:vJ ~g a~l a~~d s~n~u~ar tt~e ~rc4me, prof~TS, issues and ~e~enues frorn +nfiatever
sou~ce drrived, each ar.c} every ot v.t,:~fi, u be:~eg e¦prrss!y V~i~E~S'C~OCI, ~S he~eby morrga~ed as if speuLcalty set forth and dexnb~d in ~he gran:.ng ar,d
h.~bendum c:auses her~of, ard s~ch Rrce~.•er sha~i have ai1 the L~oad a.^.d effec!,.c funct.w:s ar.d ;.one~s m anyvv~se entru~ted by a ~ou~~ to a Recr~wer, and
s_ch appuintme~~t nhai~ be ,r.ede by s~ch Coucr a~ an ad ~~~tt~1 equay ar.d a matter o) aLsolu~e r:ght to sa;d MORSGAGEE, a~d w~iho~1 ~eference to the
edeq:~acy o~ ined~-G~a;~ of rt:e va::-e o! thr prcprrt/ mo+tgaged ur to ihr se.ve~cy or ~nsoirenc,r of sa~d MOR(GAGOR or the defenda•,ts, and +hat such
r~~~ts, profits, ~nceme, ns~es and re,~er~es s~+.+~~ be app~~rd by auch Rec.•~rer ec:oro.ng tu the i~en w eqv~r/ o} sa+d IAORTGAGEE and the prachce of such
Court.
' 8. To du!y, prc.*+pr'y and f,,;l~ perfo•m, ~+~:_ha~g., exe:c~r, eifeu, compiete. co~.:p+y w~~h and ab~de by each and every the se~pu at:ons, agr~e:nents,
i
~ cond~tions and cowenenrs :n se~d p~am„ssory no~e ard th~s m.;ftqay~ art fo~th.
9. That in the event she owne.sh~p oF the n.ortgagcd F.e~~~ses. or any part tnerFOf, becomes vested in a perwn olher fhan the MORTGAGOR, the
A".ORTGAGEE, its successws a~d ass~g~~s, ~~~ay, wir!,o~f noT~ce to rhr A'ORTG%•OR, deai wrth s,;:h wccessor or successor ~n ~nfer~:~ wnh ~eference to tho
~ morigage and tF.e deu~ hereby secured in the same r.•annr~ as w~'IL jr=~t jd~0~ 'N~TIICU~ in ar.~ Way vit:eting o~ d~scharg~ng the ldortgagori liab~!A~ here-
~ ~nder w upon ehe debi nereby se.u~ed. No a<'e ot i!~r F.e•:•+s?s h•,~en~ ~~wtgaged ard no forbrara~ce on the part of the !.tiORi(iAGEE or its successcrs
i or au~g~s and no ex!ens~on of the nme iar ihe paim~~+ ~f .he dcbn c~~c;.y secured g~~en by the MORTGAGfE or its successws ar ass~gn~, ,i~all opera?e
i to release, d,scharge, mod,fy char.q? o~ aiiect ~he u~:~~r~a! i~au., of ine N.ORfGAC,~;R he~ein, either in wha;e or in pa.t.
10. It is spec~flcaRy ag~eed ~hat t;~~e n of the esse^ce of tn:s co-~~rac~ and ther ne waiver oi any oi,:~ga~=on hereunder w of the obligation se-
~'i cured hereby shal~ at ar,~ t~•~:e the~eafre. be hc:d to be a w,~.cr of fhe ~e;ms hrr~c,f w of the ~ns~rumem sewred her6y.
1 t. fn a;id t.o~ ru tn~ ioreno ~:g ^:onen'Y :•;,~^..nfs oi ~;•;.,c c:ai and •~s~ re~~~.rd b,• th~ p+om sscry no'~~ scc.,red hr..~t~, mo:t~~3~r eovennnts
a^d agrees to pay fo r•c't3.3y_e v.~tt: .•a:h ~„~~sh ;;:.a,~ c. .;r ~e'!. ;o-„~ l~m a i~-` o'ed 6/ rno'tya3ea ro i.e e~y•~a~ ~o l{2 of r:,~~ .,n .;,a~ ccer of the fotlow-
~I 11~~ A-AI: rcal ;::op~.r~ taa~s !F.,e~ or asses:r~i sy„•st tV.c eirove des'_~i'-~:d r~a! es!a!e
f g.. Pr_n ~,,~,s vn firr and r,;ndsr~••n ~rsv•r.~ :e as h:..c~n .~rqu,red to be ca-n.,d c•e the ~r~,:rovemcits s:ruate on th~ above d=;!~:~ed premises.
i C-P~emw•• s on s~ch ~-o~*~:ge g~a•anr~ s:,ra~:c-~ as n:~•t3agee shat: ~ro-*~ t r.~ ro r;me d~~e f~t ~o carry on the loan sewred hereby.
Mw+gagee s~s;I f.om T~;ne ro r~:,:e nor~fy mor:,_~y ~n vvnt~ng of the a~: ou~t d.,~ o^d payabte hereunde~ and su:h sv~+ sha;i th~••evpon be due ar.d
~ ~ ayab!e on thr due uatv vE fi.e nc.f e•or;th.~ pa~~nc ~t and c~ch wuass~ve monfl~ thereaftrr ur,t~i mcrtgagee sha~l not:fy mortgagor of a change in a~ch
~ e. a~nt. Such su,ns s~~a i::e api.:~r~J ~y n,erig.r;~r.r ~or.ard +i,e ;;a,rr,~nt of rea; prcF,erry ~dR@S. MSVfd.1CP pr~:ums. and mortgage g~~aranty insurar.ce
~~•CT IUTS.
Ir~ 111iNESS .t'HERfOP, +he sa~o MORTGSvOR has hcreu~to ser h~a hand and seal rhe day and first aioresa~d. /
j Si9ned, $ealed a~d de,~vered in. the prese~te of: J~~ a_ ~ ^
fILEO ANO RECORDED
l "'~~~V.~~ Seat)
~,q ST.~UCIE COUNtY F«~ - 'ond F. Leir. _
~ _ - - - ftOCER POITRAS . - (Seal)
t-- ~ CIERK CIRCUIT COU ~ (Seap
f ---~~-~~~~---=1'•~__t _:.~_r'~:--- RECOF~ YEP.IFIE~ S '~1
, ~ (Sea!)
~ STAIE OF FIORIDA ~ ~ I~ 7~~ ~ 'T~ . •
COU!JTY OF .^St.. L'uClr' - - ~ ,
Before rr.e persona!!1 •PFeared _ ~~;~'~nd j'e~n . ` • • ' and
~ - - ` .
e~~32'1 tj• .S. Lein his wife, to me weil~lUOwn snd knowh~{o.me ~o be
~ ~tie indiv]duals describrd in and vrho execus~ th> foreyoing instrumem, and acknowtedged before me that they e:eaited ~he sanK for thO pufpose~
~he~eln exp.essed. And the sa~d_____-~ v01T1_~ . ~,°lA ~ '
~ r~i!e of the said ~`a-''T:OIlC~ P. j.°1II -s-..upun a separat! ~nd prwate
~ examnat~on by me ta:en sepz~are and aprrt fro^~ her sa:d huaEa~d, acfc~w~n•ledged to and belore me that she exec~ted sa~d. i*}~uumem freety,~l~ vclun-
rar~ly and w;tho~t any coT{:ufSiOn, cCnstra~r.t, appro_hentOn, or fear of or fr~m her said husband. ~ ~
~ WITNfSS my hand and o(fic~al seal th~s- fr
i r~~~_-___ day of__-_ ;i~ ;IP~••D:~ 19~.L
i~ ' ~/l
~ ~i~ . ~ ~ '
I tSotary Pub~~c in and for she State of Fbrida N large
My Comm~ssion expircs:
Ret~rn To:
, F;rst Federal Sav~ngs 6 toan NSSGCid1:0!~ NOIARY PUBLIC. STATE OF FIOPIDA AT IARGE
or e~.e P,.~P MY CCMMtsStUN ExPIRES AUG. 12, 1977
Fort P.••~ce, f'c~!;±, BONOEO THROUGH MUROSKI • l1UCKlE9ERqr~ 1lIC.
~ This Instrument Prepared By 3^g„n
~ First Federai Savings 8 Loan Association
! of Fort pierce, Florida,
Checked BY ~yc - --------~~~v~ ~A~ ~ir /V ~
~