HomeMy WebLinkAbout0429 To p1K~ ~nd co+~~invo~»ty ?eep on d~e b~~!d~ngs now or he•e~he~ ~ilwfe on ~~ic~ IanJ ~~d oo ~II rquipment ~nd peraon~lly tova~d by thif mor!¢
~y1. witA ~II pr~miumf ~Aareoo pe:d ~n ivil, 1~ro intw~nc• in ~f~ ~su~l st~~dard po(Ky form, m• wm •Hp+oved b~ th~ MORtGAGEE. ~~d windtlo~~n
~~zur~nc~ in ~l+~ wwl ~undsrd ppt~ty lorm, i~ ? fvm •pprored by th~ MpRTGAGEf. In ~uch tompany or tomp~o~es a~ th~ MORiGAGEE m~y
d~nct; and •tl 1ii~ and w~ndstorm ~nwrance poi~c~f on any of sa~d Iwild~nyf, ~ny inl~re?1 ~hsre~n o~ par~ tMreof, in tM ~99~eq~rs fum •faeuid a
•acest 1F~ereo/, ~MII t.x~ts~n Ihe ufue! ~tandord mor~~ayos clavu o~ wch oihe~ clavs~ u Ihe Ma~y~~e~ m~y ~~qvu~, md~np the toq u~+der fnd polf
ci„. each •nd w~ry. paYab'e io u~d ~1pRTGAGEE ~s ~~s intarest m~y sppear, ~nd e~cA and ~very wch po~~cy sha11 be promp~ly eu pned •nd detiver~d ~o
•ny Mld by u~d MORIGAGEE a1 (ur~he~ ~eturity ~o ~aid n~o~~p~p~ deb4 ~nd, f10/ 1~l1 iM/1 thl (10) d~yt in advence ol tF» ~apinKon of uth policy, to df
I~vN ~o aid A10RTGAGEE s ~enewN rl~ereol, to~c~Mr w~~h • reca~p~ lor ihi prem~um ol ~uch ~enewal; end ~he~e ~hall be no Lre o~ wu~dttorm in~ur~nc~
pl~c~d on ~n~ ol sNd build~ny~. •oy inler~u ~hero;o a p~rt th~reol, u~!ea in tM (o~m ~r~ with IM lofs pa~aLt~ a~ •fa~aa~d: ~nd in the wenl ~ny tum
01 nwn.y become~ paybi. under s~ch po1Ky or pol~ue~ sa~d MOR~GAGEE ~?all h~w ~he optwn to race~~e end appl~ ~h~ u~~m on accoum ol ~he ind~bt~d
ndss 1lCUttd htrOby Ot to Plrmif »id MORTGAGOR$ 10 fetr~v •nd ut~ it p•ny parl thereJl lor otn••r ~,ur}.c1cs. ::.~ho~f 11~r.~ u/ wa+v~ CI ~~npo~r-
inp any p~ity, li~n w~iqht unde~ a by vi~tw ol IAis mo~'gage; •nd in 1h~ svenl sa;d MORTGAGORS sha~l (a any ~~ason fail to keep tM s~id p~emitM so
~n~ured. o~ lail to dtt~ver p~anptly ~ny of ssid poi~ues ol insuiant~ ~o sa~d MORTGAGEE, w la? ptomptly to pay tully •ny prem;um the~e~or or in a~y
r~sp~ct f~il to pNfo~m, d~schuge. eae<ute. eHet~. canplete. car,,~~ wuh ~nJ ~b~de by rhit covsnenl, w•ny pe~t ha~sol, ~~~d MGRiCAGEE m~y pl~ce •~~d
p~y fa ~uth in~ur~nc~ or •ny pan eherco( w~~1au~ wuviny w~flecliny ~ny optwn. I~en. ~qu~ty. or nght ur,dm or by vir~w of thi~ M«tpaps. ~nd the
, fu~l ~movm o1 e~ch and ewry ~ufA peymenl tih~tt be immedutety dva and p~yeble •nd ihall bear interes~ from tht da1~ Ihereof un~+l pa~d at tFw raN of
n~ne ptr cemum pe? •nnwn e~:d to~rsL~•r v.~~h tuch ~ntr~e~~ shaU l,e iecurcd by the I~en of thi~ mprt9~g~.
I. To pt~mit, cGmmil W au(fer no w~~le. impairment w drtenor~tion o~ faid prope~ty pt ~ey p~rt the~aof.
S• To paY all ~nd iin9ular the cosh, ch~ryes ~rd eapense~, fnclud~ng a reasor+abts ana~xy i fee snd cosb ol absv~d~ of t~tte, incurred o~ pa~d at
eny ~(roe by t~~d MORiGAG:E, betevu p in the event o+ the fa~iure on ?ha part of ~M said MORiGAGOR to duly, promptly ~nd fuliy perfwm, d~xFur9~.
e,ccufs, efteu, compleh, compfy w~rh •nd ~b:de by exh and every ~Fe ~~;pulanons, sg~eements, cond~uont, and toven~ntf o1 fa~d pdnissory noro ~nd thi~
mo~~yapa ~ny or s~iher, arxl sa:d costs, cha~yes and expenses. each and eve~y. ~hall be immed~ately due and pay~b~e: whether w not the~~ be not~ce de
mand, •flempl eo co~lect a sun pend~n9; end ~he full amovm of e~ch end every s~sh paym~ro ihell bea. imere~t (rom ths date ~hereof umi{ p~~d at ~he
..~rr of n~ne per can~um ~,ar an~~,, n, erK! alt said cw+s. cha~ges snd rxpenses ~ncurr~d a paid, toge~Fxr w~th tuch intmest, ~MII b~ secu~ed by ~he Icen of ~h~~
mart9p~.
b- TI++~ (a) I~ the sv~nt of any b~e~ch o( this Matga~~ or defaulr on ~hs p~rt o~ the MORTGAGOR, w(b) in tM event ~ny of sa~d tumf of mon~y
~erein .e~crred fo be not promp~ly and fu11y pa~d w~th~~ Ih:r~y (10) deys ne.~ •i~er the sa~u se.erat+y bcca»e d~e ~nd payeb~e, w+~hou~ dem~nd w nofke,
or tc) in the event eech and eve~y the inpuiat~ons, a~reements, cand~naa und corcnu~4 of sa.d promisw~y note and th~a mortqaqe any o1 ~ilher are nol ,
~~~Y. W~piW ~~+a ~uuy pe+tormeu, O.a.ns~ged, eaecutad, ettected, canpieted, co.nyl;cd w~~h and •6~chd `ay, then in either w•ny wch w~nt tM u~d ~p~
~regat~ tum mentwned in said promisso~y note rhen remsimng ~npa~d, with inte~est ac:~ucd, snd atl mone~s ucured hereby, ~hall bccom~ due and pay~
eb:e fathw~th, or ihe~rafter, a1 the opt,on of sa.d MORIGAGEE, ai fully and comp!euty •s i( all oi the w~d sumi oi money were w~~naily shpu~stcd
ro be pa~d on ~uch da,r. anythin9 in se.d prom,sswy note w in ~his Mortgage ro ~he contra~y notwAh~tand~ng; aod ~hereupon a there~fter ~t the op~~on of
i~+,d MORTGAGEE, w~~hovt oor;c• w dem~r~d, s~;t t~M, er ;n equ~ty, therefore w thereafrer begun, may b~ prosecuted ~s if •II moneyi facured hereby
n~d maWrcd pnp~ to A~ instAUt~on_
7_ That in fM evenl that et the bcginn~ng of or ~f any time pend~~g any s~~t upon Ihis Morlgsge, a M/prclps~ it, or to ~efwm it, or fo enforce
O~v~~f of any cleims he~eu~der, ss~d 1dORTGAGEE shatt appty ~o ~he Co~~~ hew~ng ~urnd:a~on thereof for the ~ppo~ntme~r of a Receiver, ivch Court sha!I
fu~rhw~th eppo~m a receive~ of sa~d mortgegad properfy all arxl s~nguta., i~clud.~g ail and s~ngu~ar the income, prof~ts, iss~es ~nd reve~ues from whateve~
w~r~~ ~r~re~, exh and every of wh~ch, n bc,ny ex~xessly underi~ood, ,s hereby mar~gaged as ~f speulKetly u1 forth and desuibed in the g~snting u+d
habendvm tlavses hereof, and wch Rece+vtr shail Mve all the broad a~d rflect~ve f~nct.ons and po.ven in ~nrw~se em~u~~ed by • Co~rt to a Receiver, •nd
i::ch appointmcnt shall be msde by such Co~rt •s an admitted equity and a v~aner of absolvte r1gh~ to sa~d MORTGAGEE, a~d wirhout re~erence to the
edequaty w inedra~scy of the ralue of the property mq~egaged or te the savrncy o~ msc~.•ency o( se~d MORIGAGpR a the delendants, •nd ~hat wch
r•r^rs. p~o(lts, incorr,e, issues and r~venues shatl be appl~ed by s~,ch Qec~~ver ~ccord~ng ~o the ilen or equrty of sa]d MORiGAGEE and ~he procnce o( such
Coun.
8. io duly, p~omr:t+~ and fully perform, d~scharge, execufe, eifect, compiete, compty wnh •~d ~bide by e~ch and every ehe st~pulations, ~greements,
' cond~tions snd covenanu ~n sa~d pramisswy note and th:s martgage set forth.
,
~ 9. That in rhe event tfic ownerohip o( tFr_ mortgaged premises. or any part thereof, become~ veated in a person other than the MORTGAGOR, the
' M.ORTGAGEE, ir~ svccessws and asa~9ns, msy, w~~hovt no+~ce to the MO~TGFOR, deal wnh such succe~sa w s~ccessa i~ lnterest wi~h referentr to thi•
I' mc~rga9e an~ the debt hereby scw.ed in the same mrnr.er as wnh /JSortyago. w~~hout in a~y way vitiating or d~xFmrging ~he Mortpegori liabil~ty hert
j ~~Jer a upon the deb~ heraby securcd. No sale of fhe pr~m~ses hereby mortgared and no fo.bearance oe~ fhe par~ ol the /dORTGAGEE w its successon
, o. ass~gns and no eatens~on of the e,rru iw rhe payrn~n~ ot ti+e deb+ hereby sec~red grven by the MORTGAGEE o+ iti ~ucce~sors a ns~gns, ,i~al1 operat•
~I
ro re~ease, d~scharye, rnod~fy chs.ge or afiect the ony.nal Labdrty oi the MORTGAGOR herein, e~th~i m whole a in put.
' 10. It is apec(Iicalty ayreed th~t time i~ oi tF.e ciunce ol thia conlqct ar~d th~t no wsiver oF •ny obHpatan hereunder w of Ihe obliyat'an se-
j cured hereby ahaU at •ny ~ime thereetter be held to be a v.ai,rer of the terms hereoi w ol the instrumtnt sccu~ed he~br.
1 i. In edd;t~o~ ~o rhe forego n~ ,.~c•,rhly paym~nrs oi p.inc pal snd,iMi•reSt requ~red by the p.om~ssary nore secu.ed Fxreb~, mortgagor covenanrs
+~,d agreef fo pay ro m.ortgegee wrth eacn r•ornhly pa~~nem an add~~ionai sum est~r,ated by morlgagee to be equal l0 1~ 12 0( the en~ual cost of the (olfow-
.
~ A-Ali real p.opertv texrs iev~ed or assce;<-~ .~<_.~f•,ae .F..,v. .<..~4.« i ~
d--- d ._e. t:!_._. -
B-Premw~ns on (ve and w~ndvom, ~nsu~arcr as nerr~n reqv:red to be carnetl cn the ~m;,roveme~ts s:tuate on ~he above desvibed prem~ses.
C-Prem~urns on wch mortgagr g~a•ar.ty icsu• ~e as mortyagee shali iron: tme to time deem fit to carry on the loan setured hereby.
II Mon9agee sh,Ii f,o~n r~~ne ro +~me r.or:f; mc•ry,gc• w„+,ng of tM amount d~e and payable hereunder and such s~m fhail thereupon be due and
,.t,~. ,.i •h~ ~.rj-_r,. a--~ c..~~. s.:cci:t:.e .~.~,r.i~ ~fir~~e~+~. ..~,~ii .nargegee ahaii nonfy mor~gaqor of a change in such
a'ount. S~ch svm~ stia:l i~e app:~ed by rnwtgayre toward the F,nyroent of reat property ta:es, insurance prem,vma, and mwtgage guaranfy insurance
c-•emiVms. .
IN t'JtTNESS `:MEREOF, ~he sa~d MORiGAGCr~ has hereunto ser h;s hand and sea! the day and year fint o seid.
S+gned, Sealed and delivered in the presencc of:
- - fILE~ ANL~ 'tEC::{:•~ f` y •4
ST. POCER P01fFJ~S `s • e r (~ai~
~ CLE~R C~AGU~T COU ~ cs~+n
- ~ - ~ 1 RfCORO VERIf1E0 ~ • erry
. (Seaq
i
j STaTE Of fLORiDA ~ 1 ~,1 ~4~
~:;u,~TM St . Lucie T u. ~ I~i 9~ n r
- - - - ~ a; JQ~ I
Before me persona!ly appeared .JAhll_ A: P.erry _
Q__ • _
rL
O A1 ~1 Rerr
-
- - h~a w~fe, ro me well known and known to me to be
, the individuaif descr~bed in and who execvtvd ~h» forego~ng msuument, a~d acknowledged befo~e me that th~y eaecuted the same for iM purposet
rherein eapreaed. And the •a[d - - - - _ . ~{PZ T~'
++~fe of the seid .JOhTt A . ??er ry - - -
- - upon a separate •nd priv~t~
~.am~nat~on by me ta~en separate and apart frcm her seid husband, ~cknowtedged ~o a~,d i,elo•e me that sF~e executed said irqtrument freely ~nd vol~o-
'a.~ y and w~thout any computs~on, conseraint, •Fprehens~on, yr fesr of or from her said husband.
ZC '•ta c h
WITNESS my Mnd and offiual seal this_ ___!L day of__-____._ A. D. 19 77
~ ~
~ ~ ~
r~;,rar~ P~bGc in~d 1Kr the State of F{orid~ ~t lary~
~~ly Comm~ssion expuq;
Return To:
first Feder~l Sa+ings 3 loan Associas,o~ NoMry Pu'~'tc, ~l~e~ of flor:!; r-..y,~
Gi iert ?'.erte. Mr Car.r.:,ii.,n L,.;.~,c? 3:.:r IY~; ~Q7~
Fo.r V~erce, flond~ doe~d~d br Mirriwn f::a• a La:uc,::y Co.
, . . _ . ; ~
~
This Instrument Prepared By J, ~ Ital Foherts, Jr. -
First Federal Savings b Loan Association
of Fart Pier~e~ Florida ~ . ~ -
Checked By - - , _ _ . - _ .
. ,
^ p~n~ ~U5 P.a6E 425 ~ . . , - .
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' ~ 5~