HomeMy WebLinkAbout0828 3 Tp placc ant! contir,uo~s~y kecp on ~6•~ 6:::::lings noa or hrre3iter Sit,~3'e o:~ s3~d tand anti on all equ~{~ment and persanelly co~.~~ccl hy ~his mGi~g•
ags, w:th all pr~miuins thereon {~~~:1 ~n fuil, f~+c insurancv ~n Ihc usuat ston~.+r,! ~t~ty fonn, in a surn ~Hpruv>d l~1 Ilie MGk~G.1~EE. an:i windetonn
insuranc0 in th~ uswl s~anciar~l ~-e!~cy forr.i, in a surn ~pp~oved by the A10RTGAGEE, in such tnmpany or C4;~~F~3~hcS o5 sha AtOR1GAGEE may
direU, and all lire ard w~nditurm ins~r~~ice po!~c~~•s un any a! said bv~~d.~~ys, any inte~~s~ thcrcin ~r parl ti:rreof, iii ihe a39icg3te 3u~:~ aforesaid or
in cxtess ihereot, shall ;ontain Ihc ~swl s!.+~~:dard mo~tq~~ea cla~s~ cr aucl~ otl~ri c!,ute as t?w Mo<<gjgee may requ:re, maliny the Ioss ~~~dcr s~~J poli•
tias. e.fc5 and eve~Y, pay~b'c tJ sr.id Atii~RTG1GEE as ~~s i~vrr•:st may a;~N:ar, an:# rach a~.d e~~_~y tvcF~ pu!icy sh,,;l t;e ~uun•~ptiy assg~.e~i ~nd da~~~•er.:d ~o .
any fie;d Uy S3iG !,!ORtCSAC,FE as fwnc~r security to s.~~:l n.or~~:,ge ueuf, a~~d, nae !ess ~6a~• ~cn (IU) dals in ad~•.~nic oi ihe exF:irat~o-i of ea,h pohr~. ~u dr-
livcr tu said f.10RiGAGEE ~eniv:~l 1Lcreof, to.~e~hr~ ::~~h a r~ce F:t lor th» pr~~~~~iv:n o! svch rener:a!; ond th~~~ Sf:all 6. no f~ra ~r wint!s'onn insutance
alaced on any oi sa~d ~ui!d~ngs, any interest Ih~~rein or pe~f ~iier~o~. unxss 6r. ~hc tor~a and riith th~ Icis payaL:e as alcresaid; ar.d ~n th~- evenl any sum
oi money t~eco.r.es pay~b!e i~nJer wch pulicy or pol~cies s.+:d ;:.ORTGAG:E shjU have t}~e opti~n_to recaive snd oppty tha sam~ on atcc~nt oi the indrbted-
ness scc~;ed her•~hy er to perinit sa~J I~lURfl3AGOfiS lo rct`-i~i` ji;~ use il or arri `~r1 ~h•_:c•of i:.r p;i~ir pu:~,os~~s. .:~tho~t Ih•re1.. :r ~~npoi..
iny any equ~ty. i+en or r~ght und•~r or by virfus of this. incr!1age: a~~d in the e~em sa'd 1!ORIG~GORS thall f~r any ~cason fail to kceF~ Ihe said premis~rs so ,
insui~d, or fail So drl~vzr pro~:~ptly ae~y of s~id ~~o~~c~et ol insurar.ce to s~~d h10RiG:SGlE, or fail p:omptty ro pjy (ully any premivm the:~fur or in any ~~J
respeU fa~l to prifurm, d~s.i~.;i~~e, execute. e1feU, to:np:rt~, co~~p;Y LLl1I1 and ab~dc by th~s tcven.+N, or any part hereof, said MORIG,~G[E may plate a~~d•:. .
pay for such insvr,~nc~ or any {~i%1 then_of v.ithou! waiving or rffecti~g any pption, ii:n, equity, or :ight und~r or bi virtur of tiuc ~!ortgag~, and t~e
full a~»ount o( cach and r:ery su:h payment sh~U t:c i~ur.edi3tefy d.:c dnd F~.;y~b'c a•-d sh~ll Ltar intat_st frctn 1h~ datc thcrcof ~~:!il po:d ~t tha rate ol -
nir.e ner cen~ur,~ r.er ~r,r.~~.n a~:~ to_~_tH~r ~•.~!fi si:ch in,~.•~.•~ sha~i 1,~:, sa:~r~~c' i~y th^ !:er. uf thls martgaga
d. To permit, eom~r~it cr wifer ie~ ~vaste, im.pairn:ent or deterorotic~~ o{ za:~i prope~ty or any p~rt ihercof. _ E
~ 5. 10 E1j~l d~~ 3~d Sln(~U~df f~lC CJSiT, C~l'f~~CS 3~C~ CY~:~~132i, -ill~~U(~1~7(~ .1 ff350f'3t~~? atforney~l ffN ~ft(~ COSIS GE dE1SfIdCfS O~ 11~~C~ in~urr~d Of Pd1(~ d1 :
any ti~~:o b~• :aiti ~104'I;3AG`_E, becat~se o~ in ~he e~~z:~t o! 1F1_^ f3tIU(J OIl tlie psrl ot ~he s~;d h1URTGAGOR to d~~y. prornptly and (v~~y p~rfor~n, d~icharge. !
exec~~e, effec~, canpiete.- ce,rpfy w~th and ab:.~e 6y e: ch a~d every ihe s~~p~faro~~s, agrtements, con:l;tions, ar.d covenants oi u~d pro:nissory note and tF,~s ~
~
n:orlgagc eny ~r e~~hc-, and sa:d cests, chargrs a~~d e,cs:enses, each .>_nd ev~•y, sh3!I ba ir.~,n,rd~ate!y d~c and payab:e; v.hrther or not there b. notite a~
- ct3an~~, a::e:c~pl t~ tol~ett ar suit per.dlr.g; ar.d tl:e fvll ama~~i~t oi each cr.d everr sv!t: raymani sh~li bear inreresf irom the date thereof until paid a+ th8
~atc cl~r:;c .:r: c•_ri'~ {._r_.. ae. ._:3 t~s's. t.''-:~:s ...;1 rz;:ens.,. ..._~rt_:i er E- ~t1, ~ey•_th_•; w~~h s~~th i~?1crCi1, sh~~l be~sec~~red by the ficn of thil
mortgjge. . _ !
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6. That f~) in thc event o( a:~y b:c~ch of th~s .~1o~tgagc or defaulr on tF.~ part ui tLe !~!OFiCsAGOR, or ;b) in the r-~enl any of said s~ns ef money
herein referred to be nor pro~nptly e:~ !u!~/ ps~d ~ti•~th~n ih:•~y 13J1 da,s rext a}r•~r rf~e sante severa!ly bscume due and payable, withovi demand or notice, `
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or (c) in the evznt er.ch and zv_ry ~ha sri;wlat~oas, a7re~:nents; cordniens and coreriams of sa:d promissu:y note and th~s mortgage any or either are nol
~uly. p-omptly ar.;! ivi!i perform,,~J. d s:h3;r~-_J, ere:•..r~d, eifccted, com~~:eted, cernpi d with ard aL•~d_ci 5y, then in e~ther or any such event tha sa~d ag• ~
.
g~egssa sum mcr.iioned in 5aid praniisory nat•t '`icn rc.nainin~ unE~a~d, :v[th ir,!._re~t acuued, and att money: s~cured hereby, shal! become due and pay- ?
ab'a Fonhwith, or ih;reo`t_., at tF.e opr~on ci s.:~d P.'OBi~AGEE, as fuiiy a~~i ccmp!r~r~y as ii aii of th~ s~id sums oi mon:y were originaily st~pvlated ;
to be~p.,:d on sxh day. r,nythir.~~ in s>_ cl F.r,,~ r~s>,rti~ r.:,te er in this Alort~Ja9a te Ih~_contrary nor:~~that,;r.d:ng; a~ d thetevpon or 1Il~fELff@f at the option of
, said t.!pRtGAGEE, w~tn;.vt notitc e: deu:,ii;u. s.:~! a~ lav: er in equity, therefure o: ti:creaftrr b~gun, may be prosecuted ai if ai) moneyi secured hereby
h~d maturcd prior ro ds i::st~,c,t~on. , ~
' 7, ihaf in th~ e:•~~:t th.>t tne be~ir:n:ng uf o: at any tia?e F:endfng any su t c~oo this 1.',ortgaye, er to forec!ose it, or to reform it, or to enforce ?
paym_M of any c!~?~~~s Fe•~~u~~d~r, s.~:cc '.'.URiG.:v_ _ sna'.1 a~~ply to ~f.e Co„r~ ha~~ry ;~~~sd ct~on ~hcno~ ior th_~ appemtment of e Receiver, such Co~rt shall
Fort=.,i~h ~,:eint a r.,:e;`-er vf s~:d r:,or;y•:yed pro~.r:tr ali a,~d s;r..~u!a•, ir.c:uJ'_S a~l o,::i s:n~tu~ar the i^co=ne, prctits, issues and rev~~nut~s iro~i wh3tevet
~ ~ sev:ce .~.~~~:-ed, t~~.h a,, t._r~vy of ~th.b, it i:ci~y e.~press`y WX~cfS'GO:.I. is ter•;;y ~r_;;~.-._,ed as ~f spec;ficaliy set forth and describa~ in the granting and
h3be~~dum c~a~ses her~c`, and svch Rcteiv~~r s!~aE! h~:.: ait the broao ar.d eftrct'~e fucct ~s ::~•d po::e~s in anytivise entrusted by a Courf to a Rereiver, ar.d
s~ch a~;r.ointment sh~il be n:ade by s~!<F Covr. ~s a~ aci:~,:rcJ ~•qut:, rr,:t i-~~i~er o! at,:o'~te r~ohi to said R10RTG:IGE[, an~ wrtlaut refcrence to the
adeq.:~:y er inad~~q:~ar~ ut tF~ va!~e o( th_ ~~repar~y, rr.o+~aageu or !o ;ii~ so•~~:r~cy o~ insoicency o( ;a~d h10RiGAGOR or the defenJants, and that such
re+,TS, frof.rs, inCJmc;, ~SSUes ar.d re•:~r.~es sh~1i be ap;:(fed by such Recc,ve: acc_~:d,.~~ w ifte lien or eq~ity of sa:d 110RTGAGEE and the practicc oi such - ;
- Covrt. - - - ~
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8. Te du'y, ~:romn?:y and fulty pe:`xm, ci~s:f~arg=, exe<utz, ef'.e:t, co•np~~•te. co=t~p~/ wilh and a~ide by each and every the stipvtations, agreemenis, ~
tond:t~^.•ns aad co.•cr.ants i~i s~~ i prcmissury ror: and chs mor!gag._ s~•t fo;tt:_
9. 7f:a~ in the eve^t sha ov+r.~rship of t}+.'~ro~;~aqed pree~;scs. er an; E»~t ti:ercof, Eecomes vested in a person other than Ihe NtORTGAGOR, the €
:!7RTG:.GiE, irs scccesscrs sr.d :s<~~~n~, r„ay, .~::h~_~: nor~c~ ;o ~~:e :lOFTi;A~R, desi wi:h <_uch su:cessor or successor in interesi v:~~h reference to this' ~
rt:ortgag~ ar•d t'r,C ~eit I:ereby scc.ircri in th~ 5~'r~ ni~rr._~ as v:i!h :'.~rl~~g,r ::;th:vt in o~y tivay •.itiatir.g O! d~stharging Ihe /.lortgacor5' li3bility herc-
under or upon tne cici,t h~:eb_~ ~sec r. _il. t;o s~'~~ vi f:a ~.~ses h~rel~; ~~:ortg-g~d ar:d no for6earance on the part oi the I,10RTGF.GEE ar its successors - :i
or ass~g~~s a^d no e~rens~a~ c1 thc t:^e (e~ ti~, c~y:,.cv.s c:F.e ~i~•6f ;,.r•_t:y secur~,d ~::en 6y the t~+.ORiGAGEE o: iL successars or assigns, ahali operate -
_ Ia re!eese, d;stharge, r.:ed:fy ci:a~~c~ er ai'e~! t~:e c~~n;n~~ li.~:::i ty of ih^ :'.O.^.iG+~GO~t i~errin, either in ~vhole or in part. -
l0. !t is sc~u~::=?~~ r:greed ~i»t t;n:e is oi !I.= essen:r of ~i,;s conuact and tFat no viaiver of any oblig~tion h=reunder or of the obligation se- S
cured h,:ety stia!i at a~y tcr.e t'r~erea`1cr t,> h_:d to bc a vrs::cr of th= !er~as hereof o! of the inslrumem secured hetby. E
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11. I~i ::i a.r c-: •o c r- ~..s ei ~~i and ~ s' re-~u~~cd 6~ tti= prc~, ssory no~c secv~ed hereby. n:ortgag~r eovenants #
and dy7"CES to p~y ~o r:~,: n ca.~, nci,•j. :,,a,. ~~,r c?:i:r:c~~.~' su n_s•:r-~'en br r,;erer~.3ee to ~i eGua1 to I; 12 of the an:;ua: cost of th~!o4iow-
i~iy: t
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- A--A!~ rsd~ p:op~-t;, t.,•.~~s !•_:6c:'. G! 355Er.5-_~ i11r:5t r;•.: .,::a.e c•:>-r;~.c;1 r~ai es+~te_ _
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E-F:_;r c~ si~= a:,d :Ji'~, ;~su~-r..te n-;e~n r~~qu:red ;o ca:::rd c:i~tt;-; :r.:p;ove:r,e:its s:tuata on ihe above dc-scribed premises.
C-Pn.•n~_~:~,s o•~ 5uth r'o:? ;::ge qua•_.-:;,- ir.s:;rar.cr_ z: m~•tgagce sh31t frc:r. t' .-e ro ti~r,c deem iit to carry on the (oan secured hereby. -
.!nr~ga3ca s~a'! !•;;n: t; te t?.~e ce!:f; .m.crtc:aa. ~~r. •r::~t;r•g of the a~:~o~v and payaU!e hrreundar and such suo~ sha!1 th=:eupon_be due and__
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~,3yab'e o-~ th~ d,e o.t•~ cr t: _~~~_*t : n:: +:~:~t a~:d C t~l 4JCCc55ivB :rG~tili t}:ere~it•~~ until mortaagee shall not;fy mo:tc~agor of a ehange in such s
a~~~ovr.t. ~vch w-r.s ::i ~e a...::ed ~y r.-;;r'ga~r: .,...ard ti;e E>sy~n~nt ei re3! prcperty taxes, insura~:ce prem:ums, a~id me~tg~ge guarar.Iy inwrance
E~~c.~:i~:^:s. - _ i
1;~ `i!lTPiE55 Y:HEr^.E ;i,e sa~d h1;~RTG:-GOR has n~_.eunto se! nis h~:.d a^d se.:l ti~e day and ear first aforesaid. , _ #
~ S:gned, Sea!ed ard de'i~~e+ed in the presence of: • - ~
i _
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!lI f~ : ~ ~ Det7 e P. e % (Seap ~
rSeal) #
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' ~-~`~='~'e.~---- . ~ t M.~ E~IeI! _(seaq - }
SIA7E GF FLORID~-- - " - -
? u - . f
St. Lucie '
co~~,rr o~ ~
a.,~~« ~~.,zo-~~~~,. ,~;,o~,=~ Dennie P~E;~en---- a~a
M.ar aret M. Ewen _
_ _ _ his wi/e, to me ~vetl known and known to me to be
th= inJ:::du~'s descri~.d in a.^.d who exe:u'_d }6_ foregeirg instrumert, and acknevrfeoged before me that they executed th^ same for the purposes
therein expiessed. And 1Fe said___:_ _~~~~~~~~_~+XCi1
_ v~ife of th~ s~:d D~nni~ ~ii@Jl , upon a sepa/afe and private
exan:'r3t:on b/ ms takcn s~aarate ard raart frcrn her s3id husband, acknewiedged to and before me that she exetuteci ;aid instrument freety and votu~- ~
tanS~ ar~d 'vr'.thovs any ccmpu!s;en, ce~stra:r.t, aep:ehens~on, or fear of or. fiom her sa~d husband. ~ ~
- ~ LVlTtie55 my nand ar.d a!f:c~ai seal lhis__ Z~tl----- day of___._ . A. D. 19~~ ~
s
~ - C.
• _ ~ CLf_ C.~ j ~
Votary Pubtic in f6~ d the State of Florida af Large ~
- , • My Comm~ssion ~ pirQS:
Re'urn Te: No}~ry public, StatE of Fiorida ot lotga
First Federai Savir:gs 8 Loan . Assoc~at;~n - JVIy Commission Ex~iras lvly 22, 1977' ~
Of Fo:t ~.erc.- Bond.d br M"itr~aan Fira S Cas~~Et~i.Ca t
~o~t P~.,.~e. E~o~~d3 ~ - n l.sl' -"tCGRDE~ _ - ~
- fllE~r ~JUNTY FLA. . -.f i
- . $T_LU,i[ ~,~yT~AS . _
- ROCC~ ,~j ~pURt 4 ~.:i ~ t~ ~,`s, _
~~ERX. ; f~c'.~ ` _ , _ -
- This I,istrument Prepared ByGary F. Ellaaod ~
First Federal~ Savings R Loan Association _ Q'O 52 ~H . r J I{~
_ of Fort Pierce~ Flot2da . ~ , -
- , ' - ~ . . - - . i y _ . ~ ~ ~ . ~ ~ . `
Ci~ecked By ~ . - . . ~Li I a~~V ~!r , _
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: 1 ~ : s , 3
- aoox~9 p,iGE o $27 - _ - : , i, t... .f
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