HomeMy WebLinkAbout0289 3. To p:sce and cunrinuoualy lcaP on ~~e b~. .i,, as ~o« a M~eal~« s~~u+~~ on sr.d +~nd and on a': eq.,ip~nent and p~rson~Ily co•.ered by this mw~9.
p~. w~~h •11 ptamwmf ~he~eon ya•d in iv;l, f~ro ~~:s~r~n:e ~n +he u~~al sisrd~rd po-~cy form, in ~ s..m app.o.ed by ~he MORiGAGEF. •nd wind~tam
infur~nte in the ~su~l s+~~xlsrd pp:.~y Ioem, in • sum appro.ed br tl+e lMURTGAGEE, in suth comp~n~ w comp~n~es ~f th~ MORTGAGEE ~n~y
d~r~u; ~nd •II fi~e and w~~d~~orm ~nwrance po:,cn~ on ~ny ~t ~s.d D„~+d~.+ps, ~ny ~nte.~~t ~F+ae~o w p+~t iher~of, in d» ~ps~ey~~• wm ~~a~s+~d a
in ~xau thereol, ~hatl coo~au+ ths uswl ~~a,xiad ~.w~~9s~ee ua~s~ a~;,ch wh~r daus~ ~s ~M Mw~Qays~ rna~ ~eQu.r~. m~~inq N» {osf unde~ ~~~d poli-
dei, each ~nd e~e?y, p~y~b • to a~~d N10RiGAGfE a~ :rs ~n~er¢s~ rruy appes~, ~~d exh and ~.e~y such poi~cy ~Fuit b~ p~omptly as~ y~ed ~nd de~~~e~ed ~o
~ny held by se+d MORiGAGiE aa fur~M~ arcu~~ry ro sa:d n.oupa~e dcbt. ar.d. ~+ot !css ~Fw+ ~en ;10) days in ad+u~c~ of the ~ap~r~t~on ot euh policy, to de- • ~
I~vN ~o ~~~d MORiGAGEE • renewd tnercof, wgc~Fw w~M • r~ce.pt la tAe prem~wn'ol s~ch re~+e«~!: a+d ~her~ th+ll be no fu~ or wiodito~m inwranc•
p!~ced on any o1 sa+d b„~Id~++gs. ~ny M~er~N therem w p~rt ~hc.ecf, vntess in the fam u~d w~th d+e iots paYabl~ ~s •(wts~~d: u~d in tM w~nl any sun+
o! money bccomcs payab~e u~xfcr a~.ch p~l~cy a po~.c.es sa~d MORTGAGEE s~•ell Mve ~ho optwn 10 IlCtl~wf and appty ?M ume on acco~m o1 ~M indebtrd-
ness secured Acreby a to permif s~~d MORTGAGORS ro rct~ive and us~ it p•ny par~ t?.e~ecf for osne~ purpcses. ...~h•~„~ ~h_•,.oi wo~~~~~~ p~ u~~pe,•-
ing any equ~ry, l~eo or r~gh~ unde~ w by v~nve of thy mo-eyage; sod :n ~he evem ~ad MOitTGAGORS shs~i fa any reawn t~il ro keep the ~~Ed prfm~us so
inwred, or f~il b de~~vm p~anpNy ~ny o1 sa~d po~~e:es ot inswa~c~ ro sa~d MORTGAGEE, a ie:i prompdy 1o pay fv:~y any pre~n~um ~he~elw w in a~y ~
n~pect f~il to pix(orm, d~scharge. e¦ec~a. efF~ct, co~*~pseu. comply wuh and abd~ by tlus covcnam, a~ny part he.wl. u~d MORTGAGEE may pJSC~ •~~A
pa~ to< <uch insurance or ~ny par~ the~eo! waFw~~ wan:~y o~ afircdry any op.orti I:en, eq.?a~. o~ r:ght ~~Je~ a b~ v+rtue of this Ma~yape. ~nd the `/J
full unovn~ of e~ch a~d e~ery such paym~nt sMll be ~~.~med.~~~1y du~ and p~y~bl~ ~nd shall bea. ~nTerest f~om tM da» thereof unt~l ped ~t ihe ra?~ of „
n~ne pe• cen~vm per an~~~n and rogr~hr. wnh suc1, ~nre+esr sha+~ be srcu.ed by rl+e lie~ of th;s mortga9e.
To permit, commif a auiip no waste. Impa~rment o~ dete~:uat;on of sa~d propcYty a any pa~f thereol. '
S. To psy afl and singutar ~he costs, char9es a..1 eaper.ses, ~nciud~ng a rea?onabk a»uney's tee a~d cout ol abstracts of ti~te, incurr~d p pa~d ~t
sny timr by sa~d MORTGAGfE, bccause a in :he erent of rhe ia.lur~ on the put of tht sa~d M08fGAfiOR ~o duly, p~omptly and fvtly perfam, d~~charq~,
e¦ecure, eflect, comp:ete, compfy wnh snd ab:de by eacfi a~d every ~he st;putar~wn, agreeme.rs, cond~ha+s, and covenants ot ssid promiswry note a~d thi~
morfga9e ~ny w e~ehe~. ~nd s~~d cwts, cFu.ges and e,cpenses. !KA ~r1d E~Hy. sMi1 bs ~mrne0:a~e1y due and payabte: whether a no~ rhen be nor~ce d~
~„~r~d, atremp~ to cwkct w tuit pe~dr~p; ~nd rfie !uf! anwun~ of ead~ ~nd eve~~ svch pa~mem shatl bea. inrrrest hom the d~t~ thereof untit_paid the
r,re nu~e pe~ crnwm yer .nnu-n; arK: •H sa~d cvat~, cMr~es r.~d ea;,rrses ~~curred w pa~d, ~oge~her w.th such interes~, ~Mil be tecured by tM li~n of Ih:~
mo: fyagO.
6. That (s) ~n the eveM of any breuh o~ ~h~s Mu~gsge w de~auEr or~ ths part of ihc NOATGAGCIR, or ;b) in the eve~+t any of sa:d iums of money
herein reFerred ~o be not p~omptly •rd fully pa~d w~rn~n ~h:.ty (3~) day~ ncat aire. fhe aa~na iera~~.y becoms due ~nd payab:e. without dem~nd a nof~ce.
or in the event each snd every the s~~pu.ar~o~s, a~reemeMS, cond~~w~+s aod co.enanra o~ ~e d prom~uory npte and th.s mor~yp~ any o~ either are nol
~„iy, promp~ly and fullr perfo~med, dschar~cd. e.r~uted, effec~rd. comp~crcd, compiud with and ab~drd Sy, then ~n e~tner or any such ewnt 1M se~d p-
g.cyate sum mennoned ~n sa~d pron,~sso+y rw!e thee~ rcma:my un,;a~d. w:th ~.+reresf acu:,ed, e~d aJ mone~s secur~ hereby, shall become due snd pay-
abte torthw~rh, or ~heresf~e~, at rhe o~~~on of s~.~ 1ti1GRTGAGff, as fu::y ind cw.~p:e~e}y as if a~l of the sa~d wms of money.were a~gin~Uy ~~~p~;a+cd
tc be pa,d o~ such day, any~h.ng ~n :e d p~ar..sso+y rwtr a~n th:s Mo.tgage to the cw+~r~ry norw~+hs~ar+d~ng; and ~he+evpw~ w thereafter at the opt~on of
se,d MORTGAGEE, w~shou~ r~or~ct or demand, su~t a~ law w in equay, thcrefc,re p thereafttr begun, ma/ be prosecuted u if ~11 moners secured hereby
had matured pnor to ~ts insn:ut~on. -
7. That in ~he e~ent rhar at the beg:nn:ng of w at ae+~ tirroe pe~d;ng ary s~~t vpa~ th~s Mo~tg~ge, a to forectox it, o~ to reform i~, or to enfwc~
payment ol any da~ms herevr~der, s+~d MOR~GAGEE sha~1 appty to the Cwr~ ha.~ng ~.,.,sd:r:oo t-:reof fa the ap~w.ntment of a Receiver, such Cou?t shall
for~hwith appoi~t a rKlivN O~ uid rtwrtgaged prope~ty •+t a~d s~rguiu, inc:ud•nq aL artd s~ng~+a. th. ~ncome. ~rcf~es, iss~es and revenvaa f~om whefever
source derived, exh ard e~ery of whKh, i~ be~rg eapressir urw~le+s~ood, a hereby n:uTgaged as ~f speuf,~aity xt fprh and dexribed in the g~ant~ng ~nd .
habendum dsvses he.cof, s~ch Rece~~er shati Mve ap the b.oad ~nd effeca~e fu~u.c~s and povrc» io anyw~se entrofted by a Court to • Rcceiver, and
s~ch appQintment aha~1 be msde by such Court as an adrnitred equ~ty and a r.atfer o1 ~cso=v:e ngAt ro sa~d MORTGAGEE, ~nd withovl reference to the
edequacy w inadzqwcy ol tF,~ vaive o1 the property morrgaged w ro the s:.Yency or anw:.ency ol sa.d N1pRiGAGOR p the defendanri, ~nd ~hat sucl+
r,nts, p.oti+i, i~come, issves and revcnues sh~~~ be app.~ed by WL11 RKC~rN accord.:~g To rf.e i~en a equ~ry of sa~d MORTGAGEE uid the practice oi such
Court.
8. To dvty, prompt}y aod fully perfwm, d~scharge, eaccufe, efirct, wmp:ete. con:pi~ w:~h and abide by tach aed ~very the ttipu:~tiw~s, ayreementa,
cond~Goro and covensn~s m~e~d pio*r.~sso~~ no!e and ~n:s ~ncr~g~ge ser fatA_ ,
9. That in the event the o-rvrcrsh:p o( rhe 'r.w:gagcd prem~xs, o. a-~ part thrreof. Eecomes ves~ed in a peryon o~her than the MORTGAGQR, tht
b'.ORTGAGEE, its successo.s and au~gns, may, w:tF.o~t nc~ue ro tne ~YiORTGk~R, dca: wah svch successw p succrsso~ ~n imerest with reference to th~s
mongage and ~he debt hereby secu~ed in the sa~e ~nanr,e~ as w~tA /l.:,rrg~o. w.rFwur in an~ way vit.atin~ a d~xMrging tbe Mwtgagors' IiabNity herr
p ~p~ tM deb~ he.eby secwed. t1o sate cl p+e pre~.~.ra lmcup r.,o.rgayed snd no fozlc.~uante an sh~ par: of eM MORiGAGEE or its wcc~isors
o• ass~g~a and no exre~swn of rhe t~rr,e fa ~he p~ymern ot rfie deb~ M.cby secured 9~ven hr ehe MORTGAGEE or iti wcceasor• w ass~yns, shall operate
io release, d.scharpe, modify cfi~nge a aHec~ tt+e wg~ra! lisb:~:ry of the MpRiGAC,OR herein, ei~her in whote a in part.
10_ It is spec~fically ~greed that time is of the essence of M~;s ao.arxt and tMt no waiver d ~ny obl~g~t~on hereunder or of the oWipstion sr
cured hereby sh~lt at any time therEaftN ne neid !o be a wa~+er o~ ~F~e term~ hereo( p of tha irutrumem secured he:by.
11. In add.r~o~ ~o me fo~e9o ng no^+h'y pay-^enrs o• pr.^c pat and ~ne~resr requ~red by rF.e p~om asory x:e ~cor~ hereby, mort~a~or covenants
n•.d agrces to pay ro r+~o•Igayce v.ah ea:?~ r.-cr.~h!y ~a,•.~e~r an add.r.or,~l vn.+ rsr~**-a+ed b~ roo~fgagee t~ be equal ~0 1.• 12 of rhe annual cosr of rhe follow- £
A-All real proporty ta:aa kn~,~', or e:sesseo ag~~-st eb^ ah•~.•e des~~:~cd r~-~~ esra+e.
B-Frr~~.,~s cn f~re a~d .v~r.dvo~m ~en;,:a-ce as h?_:e~n •eq..~'d ~o be ca•ned c~. rir_ :m;:•oveme~ts si:_a?e on the sbov~ d_su~bed premises.
C-Prem~vms on svch mong~ gw~e~~y .r.svr~~te .~s mo.tgagee shalt froT r r-~e ro r,me dcer~ f;t to csrry on the ban secured hereby.
' lylortgagee shatl }rom r~me to t:-r~ not~ty mw~gagor :n w•~t.rg of the aTo.:m d•.,e and wysble htrounder u+d wch sum sha{I thereupon be due snd
~ayabte o~ the d~e dere of +h. n.,e ~,onth:y pa~~rent and each s~cess~re :*-a~+th rhereafte. c;ct~I mwtgsgee shall not,fy mortgagor of a change in such
a~,ovnt. S,xh wms e~a:i be ep~.i.ed b~ mw~g y~e ro~a~d the paiment of feal property 1aus, inaurance p~em.ums, and meatgage guaranty insurance
p~emiums. •
Ih YIITNESS V:FIEREOf, !ne ~a~d 1110RTGAC,CR has he+cu~ro set h+s har.d and seal the day and year fi ~foresaid.
sg~d, s~.~~a ar.d des~~«d in the pcsence of: fllE~ ANP RECOROEO
- - ST. ~UCIE COUMIY F~A ~.q
U-, IIOCER POtT~?S rthur Bennett ~~n
If CLERI( CIRCWT COURT ~
~
! - - RECOR~1 VEPsFlED~..~~ f (5es
. ~,f~: , r, f
~ ~
- ~ ~ Seaq
~ ~~4 Z~! aN ~~T ` eanor Bennett
! S?ATE OF FIORIDA
~ St . L.uci e ~
f COUt~TY OF ^ ~
f l~rthur Bennett 35~018
~ Be/we me peraonaliy appeared a~
s Bleanor Bennett
E - his wife, to me well known and known to me to be
' rhe indiv~dwls descr~bed in arsd who eaecu+ed rhe foreganp insrrument, and actnow:edged befae me tMt ti~ey e,cecuted the same for the purposes
t r~e.ein eap~essed. Md the s~d fileanor Bennett
~ ~rt~Tiu
r Bennett
~ N~fe of the sa~d upon a sep~rate and p~iv~tt
~ e=ammat~on by me taken sepa~ate and apert fru~+ her sa:d h~sband, ackro,wtedged b a~d befwe me that ahe executed s~id instrument freely and volun-
rar~ly and w:thout any com~v~sio~, co .s~ro~r+, •pprehens;o~, or fex of a i.om her sa;d
~ ~
s WITNE55 my hand and oific:al seai ~h,L_ da~ of ~a~-~ A. D. 19_L
~ ~C-~ l~Jt~s--~ yi/ .
~ Not:.y P~b1ic in and fa the Sute of Fbr:da ~t lar
~ My Comm~saion eapi~es: AgC3l1 S t 198~
~ Return To:
~ fersf Federal $avmgs 3 Loan Asu,ciat:a~
Q Uf Fcet P e•ce _
~ Fott F~c~ce. Fior~di : ~
`e~ ' - • .
~ j . •
~ This Instrument Prepaoed By Ga?ty F. Sllt+~ood ~ r~ ~
First Federal Savings 3 laan Associal~~n ~ -i -
. ~ , -
- of Fort Pierce ~ Florida " `r `
~ .
~ - : :
.
Checked By ~ ~ ~ i. ~ ~
:
:
~ b~a~ P~ z~s ~
~ ~
~
~ -
~ _ _ 4 _