HomeMy WebLinkAbout0376 To plan ard coneis+ovslY b+P on ~t+~ bu::dr~+ now w hf~Ntf~/ MhMK O/1 f~~O ~Mq rq aw M~ -
Kv. w~:h ~H p~nvvncs rhs~~on p+:d i+ f.,tt. Ire ~..ran:a :n r~:~ usj.a~ srad.~d yN:ry fwm. ;w ~ swa ~ppro,~d btl ~he MORIGAG~E. a~+d w~+OSUxu
~ns~xaec~ in ~M usvd st~ndard polsY fwn~ in ~ sucn ~p~xov~.1 by ri+~ MJRTGAGEE, in eut~ <cmpany a ca~y~+tiN as tM MOR'GAGtE ~+f
ui
d:reaj M+d a11 fire w+d wu~isarw inswanc~ pot~c~s on any s! s~~d ~ui~d.rgs. ~MI ~It/HHt thNti~l O~ patt tltKWf, in iM sp~~4+~ ~~for~a+~d a
tn uce~f tha~of, shaq cauain tM ~»wl st~~tia-d ~rary.~,~r d~use w svch aMr ciws~ a~ tiK I~Aa~paye~ ~n+~Y ~W~•rR ^~+*"'o~M ~~~1aY~~
c:es. ~atA and ~wrl~. WYabl~ eo a?id ~1110RTGAGEE ~s ~h i~~tc+est mav appew. ~nd eech and ~very svcA Pas~q tihall W D~a^P ~ W
any !MW by sa~d MO@iWGEE ~s furtiw secwity lo w~d mat~ay~ debt. a++d. ~a lcss tt.u+ le++ l~0) rl+ys a? ad~~u ol ~M +~puatan of eacA policy. ~o da
I~ver to a;d 1MORTG.1^vEE • ren~wd ?iw.so(. ropt~hr w~th ~ ~ecr.pt for ~hs p~anw~n o( wcn rsn~wai: a~ul ~he+• shall b~ ~o f:~~ a w',.~~orm inswa~a
pl~c~d on ~ny of said bvildirpa, ~ny inte~a~ tM~~~+ or Fv.t ~lureof, u«less i„ ~i.a form and w~~h ~h~ !ou pay+b+~ u afa~sa~d: and in th~ ~vsnl any sww
af mornr b~tomp p~yal.~ wu'~ pd~cy w Poi~chs ~i~ MORTGAGEF :Mil have tM option ro rtceive aro! ~pply tM wn~ w+ ~ccouM d tM indtbtad~
rnu aaxed 1~~ w b ps~n+it s~~d MORiGAGORS to reu:w and us~ it a sny psr? ~herroi fo. o~hc. purposes. w~~houl ~hacb/ w~~ru~y a~mpw-
~^9 +^Y ~R~?~Ar. lian w ripht wde~ w by virtw of this n+oryape: and in tM ~vee?t sa~d M02iGAGORS ihalf fa ~ny ~eason fail tc keep tAa w~d prem~sfs w ~
fnsured, or (ait w ddivN pompty? +e~ of s+7d Pelieies o) inwranc~ ro said MORlGAGEf, a isil promptly Io p~y fully any p•e~+ium ~hereior a i. a~y
.•.p~ct f~il w pMfam, d~schar~e. ~:~cvt~. ~ftaet. c.x+~pl~». conplY w+~h ~+d eb~d~ ~y t!w covenar.~, a a~r p+r~ l~arwf. said MORTGAGEE may plau and
p~Y fw wd~ kuwanc~ ot ~ny pirt dwso) wishout walvinp a~fi~ctinp ar~ opt~on. li~n, puity. a rght u~xia or by vktw ot this Map.s~t. ~nd the
full amo~ml of tach and wMr wd~ WYmMt ~11 ba irm~e~~liaisly dw and payabl~ N+d ~F.all beu inrvesi frar 1M daM the~eot uruil paid a* th~ ralt ol
n~n~ pK cuuwn pM annwn and eoqe~ne. wirh wch inre:est shall bt secvred by ths li+n of fkis mor:9+po. ~
S. To pem+it, oonrnit a wffa oo wast~. 4npsirmeM or detcrioration of ia~d praperty or +~y Put thsrpf.
S. To pay all ~nd drg~+l~r th~ .wts, cMr~es and exper?ses, includ~np a re~sonsWe ~trorney i fee and cwts of ~bstrac~s of titte. incwred a p+id at
eny fim~ by s~id IMQRTGAGEE, tauus~ o~ in the event of tA~ f~~twe on the p+n of ~M said MORTGAGOR w duty, ,pranptly and fu11y pertor~n, d~~ch+~
•xccut~. ~ffsN. oomplet~. .omp~Y with and +b+ds by ~ach and every tl+e il;pula~ions. +9~ee~+xnts. condi~ia~s. and mwnanb o! uid promiuory r~te and ~h~i !
mortyW~ ~^Y or ~i~he~. and said cosb. chuqea and expe~ses, each and ~very, sh+ll be immEdia~ely dve aed payable: whe~her a nw ther~ be ~atice d~ ?
msnd, ~tt~mpt to oo~iecl or wh p~ndrgs +od tM f~ll arnount of exh and evay such WYrr~^~ s~a~~ bea• ~^~KKt from th~ date the~eof until psid ~t tht
rare of nim •~tr centum pe~ annum; uK! all said msts, chuges a:~d expenses incwr~d a~.aid. wgether w~th wch inarat. tMU b~ secured bp tM IiM of this ;
mortp~.
b. That in tl+e evsnt of eny breach of this f~lortgs9e or defsult on tl+e pa~t of the MORTGAGOR, p(b) in the ~vent ~ny of sa7d :ums of moMy ~
her~lr. .,f~n~d to bs oot promp~ly ~nd futly psid within thirty (30) days next after the same severally beoo+n~ due ~nd P+y+b1t. withou~ demand a notite. ~
or (c) 4e th~ ~wnt each u+d ewry t!r stipulatioen, s9reen?ents, cond~tans and covenants of s~~d p~omisswy note and tlrs mort~ap~ any a ei~ha~ ~re not
iuly, promptly and fvUy periar.+ed. d~uhuged, exec~ted. ~ffMed. compl~ted. comPl~ed with and sbided by. th~n i~ either or arryr wch ewM tM s+id a~
prepat~ wen m~ntiot~ed in said promisswy not~ then renaininp u~psid. w~tl+ in~erest ~cuued, and a11 moneys secur~d hereby, sl~sll beoane dw u+d WY-
able forthwith, a th~resha, at the option oF said MORTGAGEE, ~s fully a~d completely u if all of the said wms of money was o?qir?~~~}I ~u~Po~a~ed
to tse paid on wd+ day. anythinp in sald pra*~~ssory oote w in this Maty+ge to the conrrsry notwithat~ndinp: ~~+d thereupon o? thereaher +t the opGOn of
ss~d MOATGAGEE, without notin or demu~d, wit at law or in equity, therefore or thereafrcr begun, may b~ prosecwed +s if uwnell~ sen+rd lweby
had matw~d pr'wr to +b i~qtitutioA.
7. That in fM went thaf st the begirm~ng of or ~t ~ny tane pa~?dinp u+y wit upon tius Mafgage. a w fo?eclo~e h. o? b nfwm h. or to u?faa
paym~nt of aM? daims MreunJer, s+id MORTGAGEf shall ~pply to fhe Coun hav~ng jwisd~a~on the~wf for tM appoinnnent of a Receiver. wch Cowt sh+ll
forthwith ~ppoiM a raceiva of sa' mwtgsged prop~rty and si~gvlu, includ~ng all and sirgular the incorn~, prof~ts, issues ~nd terenues from whatwer
source derived, exh and tve~y ~wfiich, it beirg expressly ~nderstood. is h.creby morlgaged as if ipec~ficaity set forth and desnibed in the pranting ~nd
habendxn cle~nes hereof, ~nd wd~ Receiva shall have ~II the broad and effec~ive functions u:d powers in snywise entrusted by ~ Court p a Receives, and
•uch appointm~nt shall be m~le by such Courf u ~n admitted equity and a m~ner of ~bsotu~e ri9At to sa~d f~?ORTGAGEE. and without referenc~ to tM
adequacy or in~d~quacy of the vslue of the property ~ortyaged or to tt+e swventy or insolvcruy o( sa~d MORTGAGOR a the defendann, and tFuf such
r.nn, profits, intane, issues ~nd n+rtnues shall be applied by such Receivei ~ccordirg to the lien ~r equity of said MORTGAGEE and the practia of wch
Coutt.
8. To duly. promPtiy ~nd fully perform, d~scharge, execute. effect. compkte, comply with u+d sbide by each u~d eve~y the ~tipulations, agraur~n»,
conditwrq and cove~anb in said promissory note and ~his matgage set fwth. ~
9. ?h~t in th~ event the ownership of the mwtgaged premises. or any psrt thereof, becornes vested in a penon other than the NIORTGAGOR, tM
M,ORTGAGEE, iri svccessas u~d +ssigns, ~sy, wvitlwuf rw~ice to the MORTGAOR, derl with sucF? sucussw a succ~ssw in ~~teres~ wirh reference to thia
mortg~e and the debt he~eby secwed in the s~me msr+ner as with Mwtgagor w~thout in ~ny way vitiatinp a dixharyirg the Mwt9sgai' liability htrt
under o~ upon tht dsb~ her~by secured. No sale of the premixs hereby mutgaged and no fwbeara++ce on the par~ oF the MORTGAGEE or in s~oceuon
or assigro u~d no extension of the t:re for the p+yment of the dcbt hereby secured given by the MORTGAGEE or iq succeu«s w assigns, sh+lt operat~
ro re:esse. diachai~e, nadity ch+nge a affect the wig~nal Iiai,Jiry of tt~e MORiGACaQR I+cre~n, eitlxr in whole or in part.
10. It is spec~ftcatly agreed thst time is of fhe essence of this contrad ~nd ths~ na "waiver of my obtiyation F~erevnder or of ths oWgatioe sa-
cured hertby sMll ~t ~ny time 1F~ereaher be held to be a waiver of the terms hereof w of the instrument :ecured herby.
11. In add~tion to the forego:og m~nthly paynen~s of prinCpal and interest required by the prom~ssory note r_cured hereby, matgagot eovenanb
and agraes to pay to mortgsgee with each monthly ~ayment an add~eional sum esrimatcd by mortgagee ta be eqwl to 1/12 of the am+wl cost of the fo1{ow-
ing: .
A-All real property taxes kwied a assessed zgai~at thc abave deuri5ed ~eal estata '
i
B-P~emiums on fK~ snd windstorm inwrance as herein requ;red ro be carried a+ the imp:oveme:+ts situate on the sbove described p?emises.
C-Premiums on such mortg~gu gwrsnty insurance as mortgagee shsll from t~me to time deem fit to carry on the ban secwed hereby. }
Mptgagee shall from time to fime notify mortgagor in ,viiting of the amount due and pa/able hereunder and such wm shr0 therwpon be due and
Fayable on the due date of the next monthly payment and each successive month thereaiter ur.til mortgagee shall notify mo+tgagor of s change +n such
li a~ovnt. Such sums shall be ~pplied by mwtgagce toward fhe pa/mcnt of reat propertY taxes, inwrance pree+:ums, and mortgage yuaranfp insurance
I premiumf. \
` ^ I. WITNESS WH , the uid MORTGAGOR has hereunto set his hand and sesl the day urJ yesr fint aforesaid-
( ~ I~d 1' ed in tM prescnce of:
~ - , 1~.~
n
% n--n
~o
SiATE OF FIORIDA • ~
cour~nroF St. Lucie ~
ge{ae ~~~~~y Rnv T Whi t't~kAr ~ and i
L a v a d e Wh i t a ke r his wife, to me weil known and known to me to be
tha individwb describsd in and who t:ecuted the foregoing instrument, and adcnowkdged before me tfiat they exewted the same f« the pwposes
therein expresfsd. It~d the sa~, Lavada Whitaker i
{
wife of ths s+id ROV~ W}'~i tBkBT' ~ upon a separate ~nd privat~ '
~ exam~nation by me taken separate ~nd apart from ha• said husbsnd, ackrawledged to and before me tMt the executed said instrument freely and volwr
~ . L~t;~~~~~~'„~ t
rar~ty and without any canpulsion, consuaint, apprehens~on, or fear of a from her said !ws ~,a. 66 ~
WRNESS my hand +nd officisl seal thiL__ ~ day of N ember - ~~t••,, .'~/t,~0. 19
~ • ~ ' -
- ~ . ~O
Notary Public in s~d for lJie-~ti1e.''~fiwitj•~t ~s~pb
~ My Comrnission acpiras: _ j . ~ `
~ R~h,.~ r~: p ~ cs4~ f,~.
. Firsf Federil Sivings a loan Associat' r - . . -
FIII~O ~ND RECORDE . • . , r , , ` _
Of Fort P~«~. OUN?Y. F~• kOTARY PUBtI •6~~Ot.~a~
~ Fort Peerce. Florida ST• ~'uC''E C
RECORD ~'ERIF!EQ~ ~ MY CO~tM:ssrq(,~~.M~::~~,~~
J , 03
~ ~ ~i . ,
~ '66 ~IdV ~ ~ ' ~z
~ 149'75~
~
KO 1C~ ~0~ i RL.S . -
CI.ERK CIRCVIT COUR7
BO~K1~ PAGE J7li . ~ '
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