HomeMy WebLinkAbout2429 To p~~ u?d ca+thuovsly kNp on ttw buitdinps ~w+w or Mr~ahN sitvaM on iaid I~nd ~nd on all puipn~N rnd p~r~on~llr oovK~d bti 1Ns nqrq~
~ge. with ~11 pnmiu~a tFwton p~id in full, iirs ir?turanc~ in ~M wual ~tanda~d policy torn~, in ~ swn ~pprov~d by th~ MpRTW1GEE, and wH+d~torn~
~r,sur,nc~ in tM uswl ~tu~da.d polrcy fa~n, in a wm approved by ~M MORiGAGfE, in wcA company or aompani~s a th~ MORTGAtiEE nwy
d~rec?j ~nd al) ftr~ snd wind~wrn? inw?~nc~ policie~ on any of said b~ild'w+p~„ a~ inbnat tM~tin a put tl~~of, M th~ ppny~N wm aforN~id p
in ~xo~ss 1h~nof, sMll conain th~ ~awl sandud mar9sg~e claus~ or tuch ot1+K dww a tFw Morlp~ maY rpu;r~, ~w?hp tlw las wd~ uid po1L
ue~, sach and svKy, paYabl~ ro s~id MORiGAGfE ai ~n inre~est may a~pp~i?, and ~acA and ~vKy wd~ policy ~hali b~ promptly ns:p~wd ~nd d~liwr~d to
~ny h~W by s+id N1pRTGl1GEE ~s furthe~ security to said mata~ d~W. a~d, not bss tMn qn (10) d~p in advanu of th~ ~xpkation of ~ach polky. 1o d?
i~ver to ~sid MORTGAGEE • rtrnwal thereof, toserMr with ~ reuipt for tht pr~mivm oi wch r~newall a~d tF~ shal! b~ no fin a wtn~btam imurana
placsd on u~y of s~id bvild'ag~, ~oy intereit tMrein o~ p~r~ the~wf, unless in ~he form ~nd wi~h tl,~ loss p~y~bt~ ~s ~fonwld~ and M, tM ~v~n~ aey wm
of mo~~y b~cc,ms par~bl~ u~~ wch polky ,or polK;ss Nid ~ApRiGAGEE shall Mw tM option ro nceiw and appty th~ ~ on iooovnt of tM k~d~bted~
ne:s sscw~d hK~by o? p ps~mi~ ~a;d MpRiGAGORS to'reoeiw u+d us~ tt a any pa?t thereof fw other pwpoHS, w;tho~t tMreb~ waivir+p a irnpih-
~~+g any pv~ty. li~n a~iyht under w by virtue of tha morrpa~t ~nd in ~h~ ~wnt said IMC~RTGAGORS shall for any nawn fail w k~ep tM wid prNnisN so
insured. a f~il ro d~livK promptiy ~ny of uid policies of iniuranc~ ro said MORTGAGEE. or t~~i p.o~,~M ~ wr fi+~h +~r w•~ +h«.fa a ~n +^y
respen fail q pufor~, dischu~e, ex~cuts, effect, compl~t~, comply wirh uwl ab~d~ by Mb oov~nt, or ~ny pxt lwrwf, ~kl MORTGAGEE nwr plaa aed
pey fa sueh i~w.ane~ w any p~rt the~aof wi~hout w~ivieg or aff~etinp +^Y oPtan. ~i~n. ~4uity, a ripht w~dw a by viftw of thb Mort9ap~, and fht
futl amovnt of ~ach arK! wNy wch payment sh+ll b~ immediately dw aod p~yabb and aMll b~sr interest fran th~ d~b thuwf unttl p+id ~t th~ ~a» ol
n~ne per qntvm p~t aewwm ~nd topether with such interest shiil be secvred by tM lian of ihis mortyay~.
1. To p~rmit, convnit or wffa no wute, knpairme~t w deterio?ation of aid propKty or aey p~rt ti~e~~of.
S. To pay all and sinpuisr tM costs, cMrges ~e?d expenses, inciud'ag a naw~bt~ ~ttomey's fe. .nd oo:n of ab,nacn of n~ incwr.d or p.M N
eny timO by said MpRTGAGEE, b~cavse or in th~ evenl of ths failwe a? tl+~ part of tM s~kl MORTGAGOR to duly. promptly and fvlly pKfonn, d;aha~
exzcute, effect. compl~t~, complY with and ab;de by each and every the stipulations, agroemenn. conditio~a, ~nd oow~ants of s+id Q?omissory ~wb ~nd tha
mortgaye any or either. and said coft~„ clyrges and expense~, each end ~very, shall b~ inwnediat~ly dw and payabl~r wMtM~ a not tMr~ bt notiq d?
mand, attempt to colkct or wit peod~eg: and the fvll amount of ~ach ~nd wery such paymer,t ~h~ll bea ht~r~st from th~ dat~ tMnof ~ntlt pald at 1M
ra~e of nine pe? centum per ~uwm; ~nd all said costs, charges ~nd expenses incurr~d or paid, top~thsr with wch InttrMt. ahal! M s~wnd by ~M Il~n Of tl~i~
mwtpa~.
6. Th~t (a) in the svent of any bro+ch of this Mortyape or default on tM pah of th~ MORTGAGOR, o~ (b) M tM ~vMt any of saW wm~ of mon~y
herein referred to be not promptty and f~lly paid witl~in thirry (3p) days next ~fter the tune severafly b~tom~ dw ~nd paraW~, without d~mand O~ notiq,
or (c) in tha ewet esch and every ~he itiputations, agreemenn, conditions and coven~n» of ~td promiswry not~ and this morpap~ aew a NtMr ~n no1
iuty, prwnptly snd fully performed. discFurged, executed. ~ffected, completed, complied witA and abided ry. tMn in ~itf~ a u~y wd~ w~at tl+~ s~W p~
gregare sum mentioned in said p?omissory nore tAen remainirg unpaid, with in~er~sf acawQ, ~nd ~ll montys ucvnd. F~a~by. ahNl b~eon+~ dw ~nd p~M
eble forfhwith, w thereafter, at the op~ion of said MORTGAGEE, ss futly and compl~tsly as if all of tM ~+id su~ of ~ew~+ey vwn orptn~lly stipulat~d
ro be pa;d en yuc1~ day, any~hiny in Said p~Omiuory ~pt! Ot in tFi3 MWf9yge f0 th! tdlh~ty fqfwlfhsfitt~MfOj ~e~ (INfrtlPOf1 OI tFWNffN N MN Opfi0lf O}
se;d MORTGAGEE, withow notice or demind, wit at law or in equity, therefore or thtresfi~r b~q, nwr b~ proMpit~d M 1f a!1 ena~ty~ Nwnd M~r~by
had m~tut~d p~1o~ fo iq ir~titution.
7. Thst in ths went rhat at ~he beginning of or s~ s~ryr tims pendin9 ~ny wit upon this Mort~. cr to fohelw~ it, a. a nfonn h. or to ~nforq
payment of any daims he?eunder, said MpRTGAGEE shall spply lo ths CaM haviig jwisdictan the~wf for tM ~ppoiebn~nt of a RK~ivM, wth COUA sAall
fo~~hwith appoint + receiver of sa~ mortgaged property sll +nd sinpular, includ~r~ all and s'r+yulu tM inoom~ profit~„ ksuN ~nd twrnuh frpn wha/wK
source derived, each a~d every o wh~ch, it being expreuly understood, is he~eby mw?g~ged u if sp~tific~lly sel forth and~dNCr'b~d in thi ~ra~tinp and
habendum dauxs hereof, ~nd such Receiver shall have all the brosd and effective funct~ons a~d powsn in ~nywise ~nhuatod by a Cowt q a R~lwr, ~nd
svch appoin~ment shaU be made by such Court as an admitted eq~ity ~nd a matter of absolwt ?ipM to pid MIORT(3AAGEE. a~d withouf nf+rMq fo th~
edequaq a inadequscy of the value of the poperty mongaged or to the sonrency or insolvency of said JMORiGAGOR or ti+~ d~f~nd~Mf. and thd wth
renrs, profits. income, issues and revenuet shall be applied by such Receiva accordinp to ths (len or ~quity of wid 1NORTCsAGEE ~nd tiN pr~ttia of such
Gourt. _
8. To dvly, promptly and fvlly perform, d[schsrge, execute, effect, complete, cariply witi~ and abid~ by ~~nd ~r th~ sftpulatip~q, prNnwnU,
condirions and coven~nts in wid promissory nots and this mortgsgs set forth. ' .
9. Th~t in the event the ownenhip of the mortgaped premiaes. or ariy put tl~~of, beaanes v~sqd in a p~rwn o1M? Mwn tf~ MORTGAGOR, th~
ti~oR7GaGEE, in succeuo.s •nd au~ro, may, wethout notice fo the MORTGAOR, deal wiih wd~ wouww w ~ua.wor in int.r.sf with nf.nnn fo thi~
mortga9e aod the debt h~reby secured in the same mannu ss with Mortgapw withart in anr way vitiatinp a d'iatMr~~np ih~ Mprtpayor~• Wb(lify Iwt
, under or upon the debt hereby setured_ _No sal4 of the prcrnises htrebY.^~~p+D!a.11od=II~l9rbMrM+o~ wl.t6t-.pW Of tFM-MOQ]GAC~E..OC-lb luota~awf
of ass~gns and no exrens'an ~of t}?c` time fo. ihe payrnent of the debf hereby ;ecured ~~wn by ths MORTGIIGEE a its woo~swn or asaipnti afw11 op~raf~
ro release, dixMrpe, modify change a affect the original liability of the MORTGAGOR hereiA, tither in whob p tn piry.
10. It is speNfically sgreed that time is of the essence of this cor?tract and tlut no waivN of a~y oblip~tion I~dtr pr of tM oblipatlOn N~ ?
cured hc~eby yhsll at any time thereafter be heW to be s waiver of fhe terms hereof a of tM instrurnant Mcw~d hpby. ;
11. In sdd"Aan to Ihe iorego:ng monlhlY paYments of princ:pal end interest required by the promiuwy no1~ secured hereby, mortpapor apv~MMs
and agrees to pay to mortgagee with each monthly payrncnt an addirional sum estimsted by morty~pee to b~ eqwl to T/12 of fh~ annw) cost of tlb folbw-
ing:
A-All real property taxes levied o. asussed against ihe above dewibed real estate.
B-Premiums o~ fire and windstorm insurance as herein reqv:red to be orried on the improvetnt~M tifwf~ on ths ~bpv~ dypib~d prMni~q,
C-Premiums on such martgage guaranty insurar.ce as mortgagee shsll from time to time deetn fif to wry On th~ {p~n ~aturd he~eby.
Mortgagee shail from time to time notify mo~tgagor in writing of the amount due and piy~ble h~reunder and such wm tMll tMrwpo~ b~ dw ~nd
Fa~able on the due date of the next monthly paymem and each successive month thereafter until mwfyspe~ shsll notify mortpsgor of • chsnp~ In wth
aTount, Such wms shall be app~ied by mortgagee toward the payme~t of real prop~rty taaes, inawance premiw~q, and mortpay~ Qyannlp jryur~nu
premi
IN WITNESS WHEREOF, said MpQTGAGOR has hereunto sef his hand arw! se~l tM d~y and ywr fhsf ~forp~id.
ig Seakd a in tF?~ pr of:
~
(saA
- ~ ~
~ ~
~
~
,
5?ATE OF fLORIDA ~ ;
co~Nr~r oF St_ Lucie
s~ta?e ~~w~uy a~ued R i Che rd Hoo d ~
Shirley Hood
' rhe individvals desaibed in and who executed ths faeQoinQ instrwrwnt and ~cknowkdQed bafor~ m~ th~t tl~p ~xep~~d ths saey fot tM pwpw~~
rherein expessed. And tly w:d Shi rl .y A00C~
~ife or ,,;e _ Richerd Hood • ~ ~ ~~t~ ~
exam~nation by me taken sepuate and apaA from her said husband, ~ckrwM,ledped to and befor~ me tMt she executed said irorrwn~nt ir~ly and volvo-
tariiy and withovt any canpulsion. cautraint, ip~xe}~ern;on, ur fesr of w from her pid hwband.
WITNESS my hsnd and oH~ual ~eal th~: ~ S~ ~y ~ A r i 1 ~,R 6
I~ '
1 1 t~
• ,s Noary Publk in fa th~ St~» of ~l~fpi ~
My Co~rrniuion ~xpins: ~ •
~ ~ r
Retwn Ta ~ 1
First f~r~l Savags 6 Loan Aafoti~tion ~ NOTARY ~Il~_+,. s ;j~V. 3. 1~1I~'•~ _
- M~ CCi.:..'.1~5 :N ~ ;
Of fort Plerce. ~oNOCO rNwo~a~-~3~~ ~tlul~ : ~ .
w.~ P~~.«. Fb.~a. ~0 ANO REC4R8E0' yb , ; ,
p{.A.' : 10 o ~ " ~
~T• ~VC
RD VEaIF1E0 ~I .~IG 7 ~ ~ .
RE / J•r y•••.....•••''~~
~ ~ 155Q98 - ~ '''~~h ~
'6T APR 11 PM 3: S2 ~ . ~
S
ROGER PO17RA
CLERK CIRCUI7 COtlRT
~ ~ ao~K165 ~~~2425 ~ ~I ~
: ; fQ -
~ _ -
<< ~
~.y