HomeMy WebLinkAbout1978 i a3 } ~-3- ~
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To pl.a and ooatimwwly kNp on rh~ build&gs now a AawitK aitua» on utd land snd on stl «wlpnNM and p~nonaty ~ov~~d bY thM nwrp~
ap~. with all pnmiumi ti~wn p~id in tvll, fin irovr~na in th~ vwal star+dard poliry 1an~, in • ~wn approwd by th~ MORiGAGEE. ~nd wind~tora~
kuw~?a M th~ uswl ~und~?d policy fwm. in a wm +pprov~d by tM M~ORTGI?GEE. M~ wd~ aanP+^p a oa+~P+i~a « tM MOR?G~AOEE ~w1?
dinct~ ~nd all fk~ ~nd winduorm inwrana polici~s on buildinpa, anp MNtwt HwNe w pnt tlwnof. 1e tM Worp~a wn~ afonMid or ,
1~ ~xau M~rwf, sh~ll oont~in tM wwl standwd enaepayN eiww or weh alw~ dww a. th~ MaqpM n++Y nqu~n. nwkNp tM loa ur~ wid po1F
ciss, wch and wKy. WraW~ to wid MORTG/WEE a in intKest nwy ap{~r. and ~ach aod ~wry wd~ policl? ah~ll b~ promptN +~p^~d and d~UvK~d te
~+y IwM by s+id MORTGAGEE a iwtl~ tecuriry to s~id mo~rtgsp~ d~b~. and. nof las tMn t~n (1~ d~~rs in advanoe d tM sxpiration of ~ad~ Oolk~l. b df
Ilver lo wid MORTGAGEE a rNww~l tlw~of. fop~rM~ witA a rtaipt fa tM p~nkMn of wd~ ~~r++4 ~nd ~Mn ~h+ll b~ no fin o~ wind~ronn iMwa~a .
pi~c~d on any of said auild'~„ aMr inte.at tMnin or par~ tMrwf, unlas in tM fom? and with th~ tou pqrabl~ a~ ~tor~ky and in tlr ~wnt any a~
of mon~y b~ow~t paysb~ u+~ wth po1kY w PdkiN said MORTGAGEE sAall Mw th~ option b naiw and ~pply th~ tan~ on ~coount oi th~ M~d~M~
ne~i a~aK~d ha~by a w pxmit wk! MORTGAGORS 1o naiw ~+d w~ N a any w.f thenof for ah.. purpwN. witl?our rh..•by w~iviny o~ impaM~
++~r ~4~+n1?, li~n or ripht urde~ a by virtw of tlds tnort~+pp ~nd in th~ twnt wid MORTGAGORS sMU hr ~np tw~w? fail to kNp tM wW pr~ni~N w
iniorod. a fall a dellw. D~~P~~Y +~+Y of said policia of inswana to wid MORTGIIGEE. ar f~il promptly to WY fi+N11 ~M? Praniwn thK~far a i.i any
~esp~N fail b pafwn~, dischuy~. ex~ate. ~ff~ct. oanPl~t~, aomplY with ~r?d abid~ b~r Mis oown~nt, or an~? P~ aid MORTGAGEE ~y p~+ea +nd
Par fa wd~ Mtwanc~ w arry pirt tMr~of w~hout~
~~~ff~~and py~aW~ and sh~N~b~w a~ iran th~ d~it~ tMnof unHl p~~
at~th~ nt~ 01
full anwwp of ~ath snd wKy suth paym~M
nins pK pntwn p~r inrwm and topsrher with wch inte+est sF?rll b~ secwed by ih~ lia~ of tNs morlp~p~.
1. To pKmiy oommit or wffa no waste. imP+irm~nt ar deteria~tio~n_of ~+id propKry o~ any part fMnof.
S. To pay all.and slnWfar tM oosts, d~+~pa ~nd expe~s„ indud'ag a rwaon~l~ ~tlonw~r's fN ~nd oops of abqwcM of 1Mb. Ncwr~d or pud s1
sny tim~ by s~id MORTCaAGEE. b~cww or in th~ ~vMt of tt» failun on tir p~A af th~ NW MORTG/1GOR Io d~dy. prampt~Y and fuUp P~rfonn. dach~a
execut~. ~ff~a. oomPle». oanplY wifh and .b+d. b~r .ach ud .w~y~rhi sP~pular~s. +pree~ne^~s. ao~tion~. and aowe.nn of ~.d praniswry na. a+d ~
martQap~ +nY or ~itMr, uid wid oos4, cMr~es ~od ucp~n~ea. ~uJ+ ud ~wry, shall be im~e~di~t~tp dw and pay~bl~~ wMthN or not tMn b~ notia dt
mand, a»empt fo oolMct or wN p~nd'rgt.and tM full arnow~t of ~ad~ ~nd aw~y such p~Ym~nt ~I»II b~u intirat from tM d~t~ th~rof until p~id tl/M
rare of ~w~e per oentum pa ++uwn+t and aU ssid own. d++r~s Md expenses inaxnd or p~id, lop~thu with wd~ kit~naL shaU b~~ound by th~ IMn of Mb
c^wtp+p~.
6. iMt in tM ev~nt of ~ny bresch of thia Mortpa~ u defavlt on th~ part of th~ MORTGAGOR. a{b) In th~ w~nt anY of wid tun» of maNy
here+n qrfen~d,tg b~ not prampty and fully p~id within thirty t30) days next ~fter th~ saen~ s~wnly b~eonN dw ~nd WYabb. witM~t d~tn~nd a 1wt1a.
or (c) M tM ~wnt ~ad~ and evKy th~ stipulatio~n, agrea~b. caditans ~nd cawn~nts of s~7d pomissory nw~ M~d thK nwrqp~ ~n~r or ~1t1~? w nol
iuly, promptly ~nd -fu1~Y P~rform~d. discMrped, ex~cut~d. ~ffacted, compl~»d. aompli~d witli and-~abid~d Mr. 1h~n M~iti~ or ~ny wch wMt tM uid ~p
greyaN swn m~ntiaxt! ie a~id promiuory not~ fhen remai~y unpaid, with intaeat aottusd, and al) moetyt fKVnd. h~r~by. slNII b~oom~ dw and p~y~
able forthwith, o~ thereaf»r, at th~ option of said MORTGAGEE, a fully and oompbtely u if all of tM ~+W w~s d moe~y w+h oriplna1~1/
ro be p~id on wch day, anY?hirg in sa~d pran'aso.y ~ote or, in this Mapaq~ to tM ao~huy notwHlatandinpt ~nd tlwrsuEwn or tlNnatt~r a1 tM option of
•a~d MORTGAGEE, witlw~t ratia or dem+nd, wit at law w in puity, tMnfon a ttwrtaftK b~pun, awr bt p~eNwtd ~s N aq moeNy~ New~d h~nby
had matund ptar to its institvtion. ,
7. That i~+ ths event that at N?e beginnirg of or ~t ~ny tir~ p~ndinp a~qr wit ~ipon thb Matp~. a to fondoN h, or ts nfa~n h, a to ~nfwq
t~Yment of ~ny daims I~ereunder. s~id MORTGAGEE shall ~pply to N~e Cowf Mvin~ juti~dittio~ tMnof fOr th~ appoinfnNnt of ~ RepivM. ~utF+ Cowt ~h:!!
forthwith appoint a reociver of u'y! mortgaged propKty atl and sinpulv, indudinp all and sjnp~Iu tM inoom~ profi», Msws ~nd nv~wa iran whd~wr
source derive~ ead? a~d every o# whKh, it beirg ~xpressly urd~rsfood, is ha~by mwtgaped a N tp~cifiully ~t forth and dMCrib~d N thi prantinp ~nd
habcndum d~uses hereof, snd wch ikoeiver shall h~ve all the broad a~d ~ff~etiw fv~ctiom and povwrs in ~nywis~ ~nnuss~d by a Cowt p~ R~alwr. ~nd
•~ch appointment shsll bs made by wch Court ~a ~n ~denitted eqoity aed a m~nu of -absolut~ ripl~t M~id MORTGAGEE. ~nd w1t1a~A nf~I~not M th~
adeqv~cy or 'e~xlequacy of th~ value of the property mwtp~~cl a to the solwncy or iinolwncy of s~W MORTGAGOR or tM dehndanM. and th~t sych
rents, profiri, incwne, issues and rwenves sl»II bs appli~d bp suth Raetiwr ~oootdinp to th~ li~n or puihl of wid MORiGAGEE ~nd t~ Pattit~ of wcl~
Court.
8. To duly. IxaoPtly and fvlly perform, discFarqe, execufe. eHeer, oomplet~, complY with and ~bid~ b~? ~ and w~ry tM sNpvlatloM,r p?Mn'~n/~,
condirions and coven~nn in said p~omiuwy nof~ uK! this mortype set forth. '
9. Th~t in the ~vent the ownership of the mort9+ped Premises. o~ ariy psA tF~eof, btooma wst~d b s qr~ otiwr tlw~ th~ MORTW1t'iOR. tA~
MORTGAG'FE, its successon ~nd assi~ns, may, virithout notice to the MORTGAUR, dNl with avch sutowor or wp~Iaw ln U1Kpt with r~f~r~no~ to fhis
morigspe and the debt hereby secured in the ssms m~mar as with Mwtgapoi without tn any wa~? vitiatinp or dadwpLg tM Atiortqapors' Ii~bfUtY Iwr~
under a upon the debt her~by secwed. No sak of the prem~ses hereby mortya9ed and no forb~u~na on tM put of tM MORTGAGEE a IM weaaon
or auigro ~nd no extertsion of the time for ths payment of th~ debt hereby s~cwed 9iwn by th~. MORTGJWEE or i1s wca~fon a aagrr„ iMl) op~r~N
ro relesse, disdur~e, nadity change or affM the aiginal lisbility of tFM MORTGAGOR Iwn&t, ~itha in wMb a in part.
10. It b spctifitally agreed that time h of the essente Qf thb oontnct aed tMt no waMr of ~ny oblipation Fwtw~dN or of th~ oblipation N
cured Mrsby ~hsll at ~ny time thereafter be held w be a w~lvsr-of the terma henof or of th~ irottvn~r# ua+r~d Mrby.
11. In addition to the fwego:ng monthly payments of princ:pal and interqt reqvired by th~ pranissorY ~W~ stcvred hereby, nwrtpa~or oov~n~nf~
and egrees to pay ro mortgagee wirh each mor+rhlY paYment an addi~ionsl sum estimat~d by matpapM to b~ pual 10 1/lZ of tM anrwd cOSf of fh~ f01bw~
ing:
A-All real property taxes kvied w assessed against the above described real eshte. _
` B-Premivms on fire a~d windstorm insu?ance as hetein requ~red to be urried on the improv~nNnM sitwM on th~ ~bov~ dtsa'b~e1 phm4N.
~ C-Premiums on such mort9age 9wnnty insura~ce as mortgsgee shall from time to time de«n fit fo urry on tM ban s~ttrnd h~r~by.
Matgagee shall from time to time notify mwtgagor in writing of the amount dus and payable Mreundar and wd~ wm sMll tMrwpoll b~ dw ~nd
~ ;,ayable on the due date of tF~e next monthly paymeM and each successive month thereaher urstil morfy+~~ thdl nofify tnort~apor of • d~ (n suth
amount. Such wms shall be a lied by mortgsgee toward the paymenf of rsal propeMy faxes, inwnno~ premiwns, ~nd mortpap~ ~wr~nfp kawanq
p+emiurtq.
IN NESS d MORTGAGOR hss hereunto s~t his hand and seal the day and Mt ~fa~id.
in the presenoe of:
n
~
/S.ah
STATE OF FLORIDA ~ .
St. Lucie
courm oF _
eero.. ~~:w,.uy .~.~a - Jag A Ss~mn~ e ~ .~d
~ F~ A n L e a R_ Sami~'~l e hts w~f~, ro n~ welt known ad known a nw to M
the individwb described in ~nd who execoted ths forepewg Untrwnent, ard admowledQed befon m~ 1Mt tlry ~x~wted ths saem fw th~ pu?pow~
rherein sxpt~asd. Md th~ said Fj+qrtn q Q R~iji]~
wife of tFr pid ~TgQ~
~T.~tA ' . ~pp~ a t~pirab Md prlvst~
exam~nation by me tsken ~ep~rats and apart from he~ s~ld lwsband, adcnowledged fo and b~Mn m~ that sht ~eM~d s~id irotrum~nt fF~ely and v~ohnr
tar~ly and witho~t any ooreipulsion, wronaint, appnhension, or f~u of or from ha said Mnband. L'
WITNESS my hand ~nd official seal this d+y of A. D. 19~LL~
. ary Pubtic in and•for tM Stat~ of Haida rt lar~
~1:. . . e.~.,.~I 9 3
R~tvm Ta • •.,1 , Y.s.~. ~ ~9
~+~1 Stih Of ~Ofll~i ~
h
Fint f~dera) Savinps i loan AstociaYan ' ' ' . ~ ~,,'i~Q,~~,EO
Of Fort P~erce. - ~ • ` ~ ~G-~~~ ~.y, . y,~~~
Fwt Pieres. Flwids . v i~ -_~7 . 1-V l.~ t, uVi+rT°T, FLA.
• - ; RECORD VERIF ED
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CLERK CIRCUIT COURT
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