HomeMy WebLinkAbout0124 3. To {:lace and tont~nv:usiy Reca oi li~c 6~:i!d:nqs nor~ or i;er~aite+ s~tuata on s~::! I~nJ ar.d on aL' ~quiFun~nl r•~d pers~nallr <o :~r-J Ly ih~s morlg:
a~e. w;~h all frc.~u~rra thc.con p,~ J~n f~It, lirc ~ns~r+~ncc ii: :i~a wu-~t s~~~~~~r:l ~;o'icy iorm, in t, s~:m a~,,~ro~eJ b~ ihe /~,~:k:~:a-.;EE, omS windetu•m
insurance in thr usu~l sfar.~!ard fol:ty fo•n•, in t:i~~:i a}~~ rovrJ !~y thc h10kIG:1G`.E, in w<h :an,~~wny -.r com~~a~:~s as fhu l~lOR1;,Al',EE may
d~rrcp and aIi fira ar:d w;nJstrrm insurance po:~ci~•; un fi+~y or s~r.i 4ui~d.nyf, a~iy inrer~st Iherein ur pa~~ therrof, in ~he aqyieyjtr sum alo~csaiJ or
' in excrst ihcree(, shall _ontain tiiv viva! s~and~rd ~nor~~~~9ee clause or such o~1~tr c~;uae as ~ht ~1ort~a~ee ~~~ay ~equ~re, mal~in~ tne Icas ~ncl~•~ ss~4 po~i- "
tie~, rich ~~nd ~vary, payib'e to sai~J 310P.IGAt~FE a5 ~ts in~~•rvel r~iay a~~E~~ar, a+;d ~ach a~:d i•:c~y su.h Ho!.y sl~~'~ ~,e ~rem~,ely asse~..rii a~ti.! dc:i:crrd ~o
enp t~r!d 6y sa:J AtORf~AGEE ~s ~u~rhrr s.curity ~o saiJ n:ortg~ge debr, ~,td, not :ets tl~an tcn (10) cl~ys i~~ ad+~n:e c( tl~a rxpi:al~on o{ each pat~cy, to de- ~
liver to ~ai:' ~1lO4iG:~C.iE a rener:.+l th~rcof, Io.~eih~r ~vith ~ rece~pl for Ih•~ p:e~ni~m of such re,~er,al; and there sh+ll Lu no f6re oi v+i,~ostorm insvrante
plated on any ~I said buildh:gs. any intcre~t tiir.cin or pert I}i~fl'Of, Ui1~F.S1 in tl~~ fonn a~id wi~h :he Icns p yabte as ~ioresaid; anJ in Ihu evrnt any sum .
of moncy betoi:es psy.bte vndrr s~~ch policy or polici~s s3id tAORi(>AGcE shall h~•:r ~hr. ophun tu retaivr one! apply tha sarne on account o( ~he i~~dahtud•
ness sccured hrreby or ~o pcr•u~t s.~~J f~1UR~G;1.r,pF.S to rctei~r af~ci ueo i1 or any ~.~rt th.rr~~,~l fcr o:f,•:r-~_w~~oscs, c,~rho:,~ ~I~~r.u~ .ti~i+i,i~ ti_a rnp<:ir. ~
ing any equ~ly, 1:en or r(c~ht under or bj virtue of this ~»or:~age; and in thF ~vent sa d R10n^<<~AGQRS shs;l fo- any reasan fail fo kre~~ Ihe sa1;; ~~ein~s~s so ' ~
Insured, or ftil to dc!~~cr pro~nprlty aci~ oi s.~id (wl:c+es of insu•ancr to sa:d fdOR1GA.GEE. cr fail t::o,~:pl~/ to pay fully any pren'~ium IhereFor or ~rt a~y 1
tespeCt {.R lo per(orm, d~scli;rye, ex~~c~te, e((ett, ccm~,Irt~>, to~nply ~vi~h anJ abicie 6~ ~hif CUVeni•,t, O' any part hareOt, Sai:l h10R1GAGEE mry plate a:~d 4
p:y for such insurancc+ ot any pa•! ~h._reof Kithout ,4aiving c•r aff~c•~ng any opi~an, f•en, e~u~ry, or ri~ht u~~der or by virlue of this Alottgage; and IhE °
tull arna~:nt o! ~.~ch ~~~._i e.ery s~,ci~ paym~nt sh~~l ?:a ~mm~•.jEa~ely d~•e and p.~~•ab+e ar,d shall be~.r intcr:•st irom the d~tc thercof until p<.~d aT the :at~ ot t
ni::c per c•~nt.~:n ~.~r aiinum anJ to7rtl ~r •.~i1h s~zt1~ inter~~st s4~aii eec.ui~:l V;y lf.a Gen o( th's n.o!tgsga:. . E
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i~ permit, eomneit ~r suf(er :io waiie, in,pairn~ant or dcter~cr~licn c1 sa~:1 p~openy or any F,art thercoF. ;
:i: To pny all ard siny~~lar thu cos~s, clserges and e~cnensas, inc~i~d~nq a:~asonab~a atlorney's fee and tos~s oT abstract3 of title, inwrrcd ar paid a1
any ti~c~ by sa~d A!GRtGliG~E, hFcauie or in rhe event of ~h_ i,;iiuia on ih~• pa~~ oi ihe sa:d l~50RiGAG~R ta doly, prompNy and fulty periorm, d~s:hug~,
exec~t~, effecr, ccmp:e~e, co~nply ~v~~l: ab:da by ei;1~ and cvery the st~~wla~~o„s, agreemcnvs, condiiions, end cevenams u" sa~d F:retn~siory ne~a a:.d ihis
morrgage any or .:~fhcr, a::d sa:d cosu, cha~ges ar~d exFens~s, eact~ and every, shal: be ;o.mrd~~u•:y due ar,d payab!e: whether o- not Ihere be norice dr
mand, attc•rnpt to ce~trU or sui~ pend~ny; a~~d the fu1S ~mount oi each ~nd r.v~ry such pa~n:eni shall bear intrrest (rom the date Ihe~eof until psid at the
tate ni:z•_ {;er cen;ur:, per a:~:~;;+y o;; ai:: ws:s, ct..3rg~•s and ex,~cns:~s ircur.ed or F;~id. tCk~°ther ~.v~lh suth interest, shali be sec~t2d by Iha li~n of in~s
mortgage. _ -
b. Tl:at (al in the even~ of any Lreacfi of this 5".crtgaqe or dr.fau!t cn t!~ part oi the M.OkfGAG~R, or (b) in ~he cv:nt any o! sa'd sums pf money
hercin reierred io be not pron~ptJy ar.~l Tull~ pa:J •:~~~hi;i Ih:rty (3G) days ncat atirr thc sa i~ s~ver+lly betome due and p~,•ab!e, wilhout demand or notite, ~
or (c) :rt the eve~t each antl e~cry th: ytiE:u'ations, r~re~mcnis. rar,d~ti~ns anJ tovenams of sa.d promissery r.ote an~! eF, s mortgage any or e+ther are not ~
~uly, prom~Ny ~nd i~iiy ,~er(urmeJ. ;i..c~~r~'d, execur~d, e~fect~•d. cor~:l:'.ete~l, c.:~ii.!..•d .•:iih r~~.J at•id_d yY. then ~n e~+her or any svch eve~l the sald ay- $
gregat@ SVm. mBnl:Or,eti in said promisson• ne!r ti~_n ranainirg ur.raid, with ;~zteres~ acu..ed, o~~d a~l mor.oys setured hrteby, shall brcome due ar.d pay- ?
ab'e for:hwith, or ~h~re3h~=r, at the cpi~o•i of ss:d 1.tnkiGAGEE. as f~:l;y e~~;! co~n~li~~±~•'y i( ail of t~,c sa~d svms of money v~e:e or~ginally st~putated
t.: ba p~ d o,~ such ct~y, .~~iy~hir.o ;n sa ;:rn,,:sscry ncte or in this :.lo~tga~s tu th: con~r..ry not.vithstar.c!lny; and thereupon or thereafterat ~he option of ~
:a;~! !:IC~RiGAGEE, v:;t!:avt nor~i~ c,r dcu:.n,d, ~vit at ~s~v er in eq~~~ty, ther:,for~ er tl:.:.eaiter begv.~, may Le presecuteci as if all moneyS secured hereby ~
had mati~;(d Fr~or to ~ts instit~tion. _ , - ~
7. Tt;at in ~hc event sF,at at she 6rginn'r;,ry of or at any. t~~ne ;mnd:,~y ~ny s~~~t u;:on thts MorrgaJe, er to forcclase it, or to reform ir, or to entorce >
p3yn~en* cf any t~3ims h~-reunde:. s.yid 1.1C~RiGi;Gtt sha•.! aF::ply to th~ Cvv~t having ~o~ncl:i~ion ~h~r~of fer tha zppo:ntment oi a Receive~, such Co~rt shall ~ t
Forthwith apF~o;nt a n•ce{ver of s.~ic1 rr.o:h a.: ed ro^.,_•s ;~',i a~o ~(n,~u;a~, ir. ~ J ~ d s~ngular 1ha ir.corne, profds, iss~.es ar,d teveriues frum wh3tever a
J J t= r 1 c.uil nc d~l , i:
scurcc der~vecl, eaci~ a,:;i ~~o~y oi :•::~~:h. ~i k~:~~:g rx~rru'; ~r:~-,~s'ce l, ~s F:c«~ orrg.s~~d as ii spec~fieally set forlh and de:critx:d in the 9~anting and F
h.3benuum c:a~srs f:ereor, and su;fi Rcceiver sh~;~ iiav~ a:! thr b~.:ad ar.d c3iec~lve !~:-~c7,•_:,s a~~d pov.e+s in anywise enhusted by a Court !o a Recviver, and ;
s~th ~ppoimn-en~ ~h;it bc mad~ by s•'-'i Co~~t as ~n ad•;E;tcd rq•_i:y and a nattcr oi a~~r.~~tz r;yht to said MORTGAGEE, zno without rei~rer.te to Ihe ~
~ acequcc~ oi ir~adec~~ayo u? tl;e value of 1he pcep2rty niJ!ic~~yed or !o ti:c• s•~:.c~:cy o- ~nwive:xy of sa;d /r~~RiGAGQR or tF.e defendants, and that such ?
rentc, ~,roiits, incon:e, issv~s anJ revenues sr+,~Sl ~ a~:p;;•.d L•y such Recaivcr accv~d~~:g to ih•: Gen or eq~ity of said.p.10RTGAuEE and ti.e practice oi suth ~
Cuurt.
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8. To ci.~iy. F;•cn~~ t:y and i~{ly perform, d~sch3rg>, ex^cu~,, eitecf, com sirtc, cc:~•::! witn an• a5idc ;
F Y ! by each and every Ihs stip~liations, agree:r.ents, ,
. eund;tiens ar.d :ovena:,ts ;n sa~:~ s::o ~zistory r.cte a:~ tli s mortgag~ set fortli.
9. T1,~t ti:!• ev;•-_t ;h~ t~:ner•i~~p of 'he mort~aec~f F;re.~~is~s, or ~+i f part f):~rccf.y6etomes vested in a perso~~ other than thr ti~~RrGaGOe, tl~e
h'.G~2TGa~:t-, i~s w:crss~:rs .y^d assi~ns, n,iy, ~vi:he~: n~r~ce to i1:N ;'.GF,?G~~JR,~d~~1 wi!h such succrssor o: succccsor in ~nteres~ vrifh referrnce to this ~
mo•tgcgc a•d t}c d:Lt ?,.r.~i~y ~_curerJ in th= sart:e vi;nn~r as r.ith .'.',<;rtyagor •x:+'r,cut in any ~•~ay vit:ating o~ d:schar in the l~1or! a ors' Iiabilit h r
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~r,d_r o. ui.o~ .f.: d•~t,i ri~,~e.:y s,c ,r_~ ~ D,r. s~'e of r;-~ Fren ~sei licrebp mortg-ycci ar.d no fo:hea~ance ~n the part of 1ne /1!ORiGAG~E pr its s~ccrssors
er a~s+jr.s r.,,d r.o exfers;:+n ei rt,,~ t,:~.~ ~.r r..yn,e:v u! th~ de~t F:e~eGy s<•curcd g:.•en by fhe ftORTGAGEE or its succes:ors or ass~gns, ahall operate
to reic<se, d.scha+ge, m~dify ~~a.:~c cr ~ffcct t;-e urlg nai I;;,i;;Gt~ of ihe ~,;URTGf+GO~ I:ere~n, ei'her in who;e or in n3rL
- 10. It s,;~c:4~;.;.ty r..3.red tt~,~ ;~rr.e is ei t};-~ esser:ce of :I,is c~-~tract at~d th~t r.o waiver of any ~b~~gat~on hereur,der ur of !he obligation sr ~
tu;ed h_reby sha:~ at any tf~~.e !n,r_uNer a_ F.:J a~ b_ a v:o,vcr cf the !e:m; herc~i w pf thz ic~ssrument secu~ed lierby. _ .
i 2 !n ~:i•! r i:: ;.~;i,~^',•:~ .:•c .+s c r: r;+~! .snt1 ~ rest r q:rred by tl~~ prom~sscry ro~r se:ured her~b7, mo:tgagor tovenants
a.d agrc~~s fo ~:a, ~_o: ,,e ;.,~i-~ ca:t; . o.,~., t. n~•r'.3 r.o•n' s_ e:r~ zd hy mort_~:ge~ to h~ equaR to 1 i l2 aE tfie annua~ cost oF the !olto,v- ~
i~~.
A-A?I r_~~ x~ ~e.t r3:: s;r e: .~ss~•sse:i o--i~•:~. :t,._ . ~ ~
i F / y ~c~•:e. L_ t~!;:d re.~I ns-_t?
. B-P:~n~~:;r::s c~ fir~ and ~.::rc!sso•~i~ ~nsu•~~i_ <.s i~e::~n r.r;~;;:r~•d to bc :ar::~ • ~
II , _ d c~~ the ~m~.ro~_emeots savat~ oa tha above d_scri6ed ¢remises. ~
- - C-Pre,r,~~,, s o.i __:ii . qv~... ;y i~~~r:, .:e rs ir.~•tr:ar,•:_'siiai! fr=rr. , a:_ ~.~e t't o earr ' a
. - . ^ v'• daNn L t y on the loan secured hereby. ~
~.ort~z~cc s ~ h • rF~ t~a.e ~ict~f; n crt~ Y.i~t,rg of ti;e o~•:t d~~•• end p~yabfe hereundar and such surn sha!1 thareupon be due and
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G~Y~h'•~' on th_ ct. ~ er tr- .t ~~o•::~'y .~.r,t .;•;u e.:ci~ suco_sseve monr~ th::c3t~.:r ~riii mc~tga;ee sha!I natiiy rr,ortgagor of a ch~nge in s~;h ~
I arro~nt. - Su;l: swns s~ ~;;,,:.,ed i:y r.:cr>~;.-- ~;or.ard ihe f;a~n~,en! o! real p:c~_er:y tax::, insurance prem;vT:s_ and neorfyage guaranfy insurance
~>~~,r.~,r•~s. .
IN \'liiP;ES ~ r-, - ~
I!I 5:•::i_R;C., 5te s~~d /.;vRiG:+~,O~ f:as he~cunto set his han~ and seal tne aay and ebr firzt eforesaid. ~ ;
Si d, Sea!ec' and d?;j7ere e presence of: „ ~ ~ ~
Y FJIEG r•a_ ~:~:,~i:~~ ~ y~ ~
~ - :zCl ~ _ ~S'. ! U C ~ `v` U i~~ f ~ 0. `r'.4~e~C.e~ ~ C~-le~~~~ 3
F=~~ :i??p1~ ~3WT lSeal) ~
- - C.4 . ;L1~'•- CO~IfZT,{~~ - ' (Seal)
c F ~ r - • ' ~ c . _ ~ ~J;~ -~'I"f iTi~~f~
_ - - - . - (Sea!) ~
- - ` ,.ir:,::::.. (Seal~'.
- - : ~lA~ ~ 1~ ~s A~i ' 1~ ~ , z . ~
STATE Of FLORlDA
St. Lucie ~ ~ ' 1,` ~ ~
COUNiY OF - - ~ ~ • ~ ~ i ` ry ! ~
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Befcre m~ F~erso^a;~~ ar,:c_ c;d -----i'a{tir2llCe F. ~iostetler •~11+ • . -
. - - I'"TT+.ti ~AII(~ :
Annette Nostetler - ~ ~ ~
- - - - his ~ti•ife, to me v:ell knowr~ aN~ 9o•.vn to me-tQ-~fA
the ind~•:id~a s d_su~c~,d in ef:d rfho exec~red the forey^oing i~sfrument, and ackno.vt•=dged Eefore rr.e lhat thay executed tha~-s3~ k6r ^~u' ~
, _ _ 1~fF+ t~ ~
t!:erein expressed. Arid th- S3~a--.- - Annette NO~tetl@r ~•=:i-, ~
' wiic of the sa~a _ Lawrence E. HOStet~.@I " ;
- - vpo~~_ a sc~ersl9~ ~iv~t8 Y
e~am~nat~o~ by mc ta..en secarate ard apart Ero~n her sald hvsbar.d, acknov~t_dged to and beFc~e me ihal she ezewsed said instrurnont freel Rd'vo~un- ~
tarity aed w:tiiovt arry cum•:,u•.s~on, cor.straint, a,:prehension,' or fear of or from her said husband. '""Y'~
WITi3fSS my hard ar.d off;c~aS se>I ~h:S 29th_`----- a3r o~_~_ April A. U. 19_ 75 j
- . ~.(~Gt'L`~ti.. ~ i
- - ' Notarv Public in ar.d tor the StaTc of fiarida at Earge ~
h5y Commissicn expires: ' ~
- Re:~rn To: ~ /~A
Firsf Fede:al ~avings 8 loan Assoc:,t:on ;=c~.i-.-, ~:~t_ :~Sc~ r.. _ r~
~ Jf icrt r~erc<~. a::•~._:•_n F::= r,;; i f i" -
fort Pi,,.cc. F!cr~da o; A:~~^i:ta:. Fira F. C~...,. . -
~ This Instsument Prepared By J. I1a 1 Rober ts ~ J~ , - `
First Federal Savings & Laan Associntion - O R PnC~
_ - of Fort Pier~e , ^1o.rida 33450 $Q~K~~ t7 _
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Checked By ~
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