HomeMy WebLinkAbout1339 To pba ~nd oontYMwu~IY k~P on tM buildinp~ now a h~rt~ft~r ~w+» on s~W land and on ~II ~qulpnwnt and pKSOOdN oownd b'fl ~~~P
p~, wNA ab prmdunA 1Mnon Wid in fvll, fw M?sw~na in 1M utual ttarKlard policl? fonR !n • swu ~PProv~d bY 1M MORTtIN MORTW1~iE~iE~E
~Y~
Mrw~na in th~ wwl sand~rd poiicp fann, b~ awn +ppowd bY th~ MORTGAGEE; in wd~ aomP+~1r or t~pa^~
dM~W w~d all Nr~ rd wind~wrn? Ywiraea Pd~ ~+^Y of ald buildinpa. aM w?Nr~s~ M~i~
IoN wd~ ~aid pdh
M~xaN tlwNf, ~Iwll aont~h tlr wwl atarKl~rd morqapN clwN a wc!? aMr dau» a ~M ±
dw ~ and ~v.ry. WY~bI. a ~aid MORTGAGEE a in inhnat may ~ppw. .nd a~ch and ~w~y wch po~M? ~MII bt pranpNr a.:~d ~nd d.liv~~d ~o
anr hdd by ~aW MORiGAGEE ~s funh~t ~i11? lo s~id enortpap~ d~bb ~+d. nof lat Mrn Nn (10~ days In ~dvana ot tIN ~xpM~tlan of ~ad~ policy. b d~
11w? w ~aid MORTGAGEE ~ ~~wal tMno1. 1a~pah~r with ~ naipl ta th~ pr«niwh ot wd~ nrwwalj and tlnn drll ~ ro fir~ a wind~~o.~n Mwrana ~
pbpd on ~eq? d s~id bviWNp~. +eyr int~nq tl~~in o~ pwt th~+rd. unba in tM fo~n~'~nd with tM la~ p~yaW~ as ~fw~idr ~ed in tM ~rMt any w~n
d~y b~oa?w~ p+yabN wdM wd~ polih? o~ PdicMs said MORT<3AAGEE sh+ll Iww 11r apiow b naiw and applr 11+~ ame an ~oca+nt o~ tM fnd~btd~ ~
mp wound h~r~by a a p~mit utd MORiW?GORS ro naiw ~nd uN i1 a+ny P+h Merwf fa other pwpaes, wi~hout th~.eb~ waivi+q a irnpaiF
M+0 +~1? pwb• li~n a riQbt wwlM a b~i virlw of Mit mort~sptt and in tM ~wnt wid MORTGAGORS ~h+ll tor am na~on f~i) b kMp tiw wid pnmiw~ ~o
iewwd. a i~tl b d~liv~ promptly ~nY of wid polieMs of in~ur~na~ b wid MORTGAGEE. a hif praopty b pnr ivih +~Y P~^N+~+ ~fw a in an~r
n~pW f~q b p~eian~ ~ff~N. co~npbb. oomplY wUA and aWiM bY th4 oown+nt, a ar?y part hawf. saW MORTGI?GEE nwy plao~ and
pn? fot wd~ imwae~ w any part lhwwf wilAoul walvMq a~fhdin0 +n~? cWion, INn. puHV. a~ipM wd~r a by virlw of t1~N MortQ+p~. a~d tM
tvli ~rN of eat6 and w~rY wd~ WrnwM ~MII b~ ~NlY P~11~bM arwi shall b~ar in1~1 itoen th~ dat~ tMr~of until paid M tM raN ol
~ pa canMn PM anwn~ «+d topNMr wiM wcA intKMt sMll b~ acw~d b1? IM NM ~ of thk mortq~p~.
1. To pwn~it. oon~nll a wff~r oo wat~. Mip~irn~ent a d~tontion d ~aid prap~rry a an~? p~et f1+K~oi.
S. To pn? ~q and sLpular ~M ~oos~. clw~ +^d ~xp~n~s. incM+~g a n~~a+~bM +tarn~Y'~ fN ~nd aotts of abah~cts oI titl~. MKwnd a p~W ~t
aey tYM by aid AIIORTGAGEE. b~swM o~ in th~ ~wM oF tM f~ilun an th~ pwt of th~ aid MORTCs/?GOR to duy. Pra++Pth? a~+d ivlM P~~ ~
~x~nA~, ~ffa1. aon~P1~M~ oomplY widi and abidtb~r ~ad~ ~nd ~wry ~M stipubtioia„ pr~ms. oonditiom. and aown~nts of wid praeiitaY and thi~
nio~rtpp~ aery a eitl~. aid s+id cost~. dw'OM and ~~epr rww Nch and ewry. ~MII bt ~+»Ip dw and p~yabit~ wMtM~ ot no1 tMn b~ notioi d?
ewid +~PR to ~o1Md a suil p«idinpt M+d tM fuN a+eou~K of ~ad~ ~nd wwll wd~ Wlm~n~ ah~ll b~ar hhnat iran tFN d~N tMrwf w+til paW H fhe
a a~. pe. a~ w. «,a ~u ,.w aau.. cti.ro« +~d .~wM« ~a,~r.a a w~a, ~e~ .~d+ ~..a. .~,.u a.«~.d er u.~ of
~q.~ ~
a n~a w w, w«+~ ot ~ ot +Ea. ~o.w.a. w d.f.~ a+ M. p.~+ o~ µoarcncoR. « l~) ~+i+. w.m .~y o~ wTS ot ~
hwrir? r~f~n~d w b~ no? praNp~h? ~M P+~ ~rhin thirty CdC) d+Ys n~at aha the ~ s~vady b~oonw dw ud WYaWe. wid+ow dNnM+d o. notia.
a W tn tlr ~vwM ~ ~nd ~wry Me qtpul~ttoir. g~~wm^t+. caiditbia and aown+ros d wid paniswry noq and thi~ map+p~ anY a Wha~ ut nw
praePtb +~d fuW PMfa~e~d, disclwp~d. ~xecvt~d. ~Nidad. oanPl~t~d. canPli~d with and abided 4y. tMn h ~itl~ w any wd~ ~wm the said aQ
q~~
t~ wn~ m~aion~d In said promiswry not~ tlw~ nm~i~n0 ueWid, wi~h i~at acuwd. and all mo~y~ ~tw~d ha~bp. ~MII b~aome dw and Wr
abN forthMriN~, a tMr~sftM. ~t tb~ option of ~aid MORTGAGEE. as fvlly ~nd oomplNely as N a11 of tM uid w~ro of moMy w~~ aipin~lf~r tt~ulat~d
ro b~ p+d on wch day, anythh+p in sad pranisso.y ~ol~ or in this IYlorq~ye ro tM wM~ary notwirhaand'r~p: and tlwnvpon or tM.~•ftM at tM op~~on of
said MORTGAGEE. without notia w d~nw+d wit N la~v a in puity. thu~fon ar tMrwhK bpun, insy b~ pra~wt~d a if ~II momys ~ax~d lwnbY
had nwtund prior b iri krtitution.
7. ihH in th~ w.nt dwr at tl» b~pinntnp oi o. d aMr fime p~ndirg wy wH ~rron fhis Morfya~, w to fonclw~ h, o. ro refonn N, w fo u+iwa
WY~M ~+~fl daims huwedar, taid MORTGAGfE sMlt pply to tM Caxt lyv'wg iu?is~ctioe tMrwf fw tl» appo~ntment of ~ Rsceivs?. wd~ Covil ~11
fortliwhh ~ppowN ~ na~iwr of s~id mat~ap~d props?h ~1) M+d sinpvlat. kidudu+p aN and sirgul~r tM inoonw P~~ts. isfues u~d r~v~+wes from wMtwK
wwa d~ti~d. Nch and ~very of whicl~. it b~Fnp ~xprdsly w~dus?ood, b I+erebY mort0+~ed ~s if sp~cifiully stt fwtA and d~w~ed in the 9raot~p and
Mb~ndwn dwa~s h~rwf. and wch ReaivK sh~N h~w all th~ bro+d ~rd ~ff~aiw f~neta~s and powen in anpwis~ amrus»d by ~ Coun to ~ Reuivar. ~d
wch appobtnrnt sMll b~ m+d~ bY wcA Co~rt ~s ~n ~dmined aqvity and ~ m~n~ of ~bwlvl~ rqhf b wk! AI~G~GAGEE. and witiwut referano~ b th~
ad~q~asy a Mwd~quacy of tM valw of th~ p~bpKty rnwtg+~d or » the whrency a insolvtncy of said IIAORT or !he d~fend+nn. ~nd that wch
raw. profib. inoome, issws and ~ev~nues ~h+ll b~ appli~d by such Reoeiver ~aordmp to tM Iten a~qvity of s~id MORTCs/1GEE and tM practia of wch
Caxf. '
To duhr. P~P~h? +nd fu1~Y Paform. ~i~cMry~. ex~cuh. ~fhd, eompbn, oomplY wiM ~nd abW~ br wch ~rd wKy the st~putatiom„ ~praerMnb,
oo~!'nio~a and aovaNnts in ~aid promis~ory not~ and this morty+p~ ~et forth. ~
9. ih~t In fM ~wnt tM owmrship of the ewrtyap~d premues. w+Mr put thereof, beoaees vest~d in • pKSOn otMr than th~ MORTG/?GOR, th~
1y1pRTG/?GEE, Iy woo~s~ws snd ass;pm, may, w;thow notics to th~ MQRTGAOR, de~l with wch waceuor a waesw~ in interest wirh rsfar~nce w Nw
mprq~ and tM d~Ly hNeby aKUnd in NN sam~ m~nner as wilh Mortp~por withoul in any way vitiatinp o? ~stlwrpirg the Mwt~~pors' li~bility Irra
~~dar a upen th~ el~b~ Aer~bp ~acwed. No sal~ of the premises he?eby morqap~d and no forbeuanot on tM pu1 of tM IYIORTGAGEE or its succe:wrs €
or auipm +nd no ~xtsnsan of th~ trnt far the p~ymem of the d~M haebp iccwed 9iven by tl» MORiGAGEE a its woasson a assipro, s1+r11 opaat~
p nbaa~, fiodwrp~, nqdii~r chnge a sffect tFw wgin+l Ilability of tlr MORTGAGOR haeiq, either in wlwle o~ fn part.
10. h is sp~afically apnad that tirM is of rM enenc~ of this corrract ~nd Mw no waiwr of ae~r obliyarion M.~r or of tM oblipation s?
cur~d !»nby shall at ~ny tirn~ tharssha bt held to be a waiver of the tarms Fwreof a of the 6ntnxmM s~cund herby.
- I1. In addition ro the for~yo:np monthly paymenri of princ:ql ~nd ieterest required by tht promiWwy eote secu?ed hereby, morty~yor ooven+nts
. ud aprees to pay ro monpapse with ead+ monthlY payrnent an add~rioMl wm estim~ted by mortpapN to b~ ~qwl to 1/12 of the +nnual coat of the folbw-
~+9=
A-All rsal proparty tues I~vied a assessed apainst tf+e above dexribed real ~state.
6-Aramiu~m on fK~ aed w6idstorm i~nwaex~ as herein requ~red fo be curied on `tM improv~enents ~itwt~ on ~ths above dewibed prNni~s.
C-Prsmiurr~s on such mort9~pe pwnnty inwrance as mortyapee sh~tl from twne to time deem fit to carry oa the loan ~ecurad hsr~by.
i Morryapa~ sh.N from r&ee ro time norify mor~g+yor in writirg of th~ anaum due and p~y.ble he.nw+d~r ~nd sud+ wm sh~ll therevpon be dw ~nd
pay~bl~ on the dv~ date of the ~ext monthly payment and each successive month thereaNer until morty~pae shall ~otiiy mortyagor of a chanp~ in wch
j aenowq. Suth tums si+all b~ sPP~ied bY mo~ty+pse toward the payment of rsal prop~rty tax~s, insurance pram:wro, and mwtp+~ y~?+r+mY ie~xu~c~
{ pniniumt.
E 1 WITNESS 1NMEREOF, ti~ s+id MORTGAGOR has hereunfo sN his h~nd and ~esl ths day ~nd ysar Pust afawid.
' rd, S~ ~d and dd nd pr~seno~ of~
6
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K--n
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ATE OF FLORIOA ( ,
~a,r,,TM ~ 3t. Lucie ( .
~ ~ q„a„uy ,pp.,~ Miilliam 3_ 11ITelder ~ ,nd
.laie M_ ~lielder hi, ,~,;r~, n,e r,,.n tmow~, ,nd k,~own ,o m. w b.
t1w infiividwb d«vibsd ln and who ucecwd rh~ forepoirp instrument, ad aclcnowledyed befon m~ that tFwy ~x~a,t~d tiw sunt fw th~ purpows
~,~ti ~ ,,,,d Elsie M. i~Telder
~ ~ blilliem S. Welder . ,,,d P,;,,,a
exandn~tion b~r n» taksn s~pautt and ~put bom her sud hu~bH+d, acknowladD~d 1o and befon me tlWt sh~ auarted said Inttnxnant frs~ly ~+d volwf
ruiy aad wiN~out Mpr compuhioia c«ntrsint ~pprehe o~q, fur of or from ha s~ld hu~bard. . LL
WITtiESS mY Fiard ~nd offidd kal tiw:-~~~.,~G.4r~-- d~Y A. D. 19~L
Naa P ~c in and for tM State of Florid~ ~t lrp~
My Commiuion ~:pins:
Retum Ta F~LED pND RECORDED ~ ~ ~ ~ ~ ~
R"' ~.a~ s."'"°' i~°'" ST. LUCIE COUNTY. FLA. ~~~~..~.~c.'~,~"~1969
°f F°`' PK"~' RECOP,p VERIFIEO • .cr
FoA Pierce. Florida . ~i~e1~HNK
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ROG~R P017RAS = ~ •
' CLERK CIRCUIT GOURT ' 'd s~ ~ ~,y` ' ~ ~
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