HomeMy WebLinkAbout2285 a. To plaa ~nd aont6wroush? kNp on tl» bvitdinps ~ww or htre+ha sitw~s oo saM land ~d an ~11 ~quipnwait and pMSOn~lly aow~~d bY ~~~P
qt, wilh ~11 p~niwn~ tMnan p~id in fu16 fir~ inwrant~ in tFr vsual ~tandard poliry h?nb in ~ twn approwd b11 1M MORTGAC~EE. ~nd windtlom~
insurana h tM uwal stand~rd policl? fam, N• wen approwd by tM MORTGAGEE. M~ wd~ con+P~^Y or oo~nPMiN a 11w MORTGI1tiEE m+y
d~rsctj and ~d Rn snd wird~w~nn haunna polK~es on any oi ~ak buildi~p~, ~nY MtK+st tMnin o~ pwt Nw~wf, in fM pqrp~f~ swe ~fo~e~Nd a
M~xea~ tMrwf, ~MII cont~in tF~ vawl standard mortgagH ciw~ a wch mha da~a~ a tM Mortp~p~~ nwy nW~n. in+kMg th~ Iw~ w'tl~ ~d P~
cia. ~ad~ ~+d ~wry. Wr•bl~ lo aM MORTGAGEE a in inte?e~t nwy spp~sr, and sach ~nd :wry wch policy sMll bt P~omWh ~q~wd a~d dtGwnd a
•ny MW b~I s~td MORTGAGEE u fwtMr s~twiry ro said morty+y~ dtbt. and. nW 1~ tMn Ite (10) day~ in advanu of tM ~xpir•rion of Nth PolicY. 1o d~
t~w. ro satd MORTGAGEE a r~wal tMrwf, wperFwr with a~ac~~pt for tM p~~miwn of wd~ n~ww~ij and ~he« ~iwli b~ no fin a wind+w.m i~aw+^a
pl.c.d on any of ~aid,btilldinps. ~ny tntKat tMnin a P+rt ?M.eof, unleu in ~M torm ~nd wi~h tM loas p+yabN as ~fw~klr +~d M th~ ~vsM ~^Y w~^
of nwMy b~eon~ pay~bN vedw wd? polky a policiss s+id MORTGAGEE shail Mw tM optioe to naiw +nd +pphr th~ s+m~ on +ooou^~ d the ~+d~W~d'
neu saw~d h~nb~I a 1o ptrnut said MORTQAGORS ro receiw ~nd it qi any put th~reof fa oti+er pwpos~s, withovt tAa~by waivinp a impalti
inp M?Y puitp. li~n o~ ~i~ht w+der or by virtu~ of tha mort~~e: +~+d in t}w ~vent said MORTGAGORS ahill fa any ~ea~on fail to k~ep th~ wW pnmi~ a
in~ur~d, a bti b d~llwr praeptly anr of s~W policiei of iawrance to said MORTGAGEE. a fail promptly to p~Y fu1N ~++y pn+nlw~+ tM~~for p I^ ~rhr
rtipM faU b p~rforeti datlw~. ~x~wwa. ~fhet. eompl~t~. aors-~ply with ~nd ~bid~ by thit aowMnt, or +nY P+~t I+Kwf. s~id MORTGA<3EE nuy plaa and
P+Y fa wd~ inwrant~ o~ ~eqr parf tMr~of witho~t w~ivinp a sffMiop ~ny opNa4 ~M~. ~~b. ot ripht wKMr o~ by viAw of thi~ Malp+p~. ~ed th~
full aenount of ~ad~ and ~wry weh paym~nt shrli b~ inwnediahly dut and payibl~ ~+d shall bw htKat irom tM d~t~ tM+aof unfil p~W ~t tir ah ol
nir» p~r pntutn q? anrwm and lop~tht~ with wth inte+est sMl{ be sacvred by th~ li~n of this mortpa~.
1. To p~rmib cawnif or wffM no wast~. k~pairm~nt w deterioaYan of saFd propKfy ar any p~rt tl~~of. .
5. To pay all ~d ~nyular tM aoats, chu~es +^d exPN+us. inclvdinp a reasoMbl~ ~ttaney's f~ a~d oosu of ~bsuaett of tiN~. incwnd a paW al
any tker by saW MORTGAGEE. b~cws~ w in 11w ~vN?t of the f~ilwe on tM paA of th~ ssW MORTGAGOR lo duly. aom~N «+d f~?ty a..fonn. ~ch+.v~
.xecut~, ~ff~d. oomplN~, oomplr with and ~b~de by ~ach and avery tM stipulariora, apre~m.nts. ca+dir'wns, snd oow+w+n of uid praniswry nw~ +nd tAit
mortp+p~ wq? a~i~Mr. and s+id eos~s. chupes ~od ~xpensss, each and every. sh~ll b~ irnnwdiat~ly dw and p~y~l wMthN or not tMn b~ notia d? .
mand. ~thmpt to oolbct or wit p«~diny~ «w! tM futl amount of eKh u~d swry such p~rment ~hall bear int~st hon+ tM dat~ tMrsof until p~ld at th~
rere of nMr pK antwn pn anwms and all said oosfs, ch~rges uid expenses intwnd o~p+id, roy~tF~ with wd~ Fnt~t, iMll b~ s~ew~d by tM !~n of thi~
matp+Q~.
b. 1Fwt W in tM ~wM of aM? bnaeh of this Mon9ap~ or default on th~ part of ths MORTGAGOR, a(b) in th~ ovaeH a+r of wid wna of nwmr
henin r~f~rnd to b~ not pranptly u+d fullp p~id within thi.ty (30) dsys oex~ afte~ tlk sam~ sever~lly b~ca~u dw +nd Wy~bb. wtthow d~eoand a notia. I
or W In 1M swnt ~ad~ and ewry ths stipul~tions, ~gresn+ena, condi~ions and coven+nn~ of aid prom;ssory rat~ and tbw nwrtyap~ aM? w~itMr ~n nw f
~uly, prompHy and fvlly pNform~d, discl+aryed, execvted, effected, canpkted, canpt~ed with ~nd ~b~ded by, tl+~n in ~ith~r o? +eY wd~ ~wnt 11N s+id ~p' ~
prey~t~ wen m~ntiawd ln Nid promiswry not~ then rem~ining unpaid. with interest scuued. ~nd ~II moewy~ Neur~d. Mrr.~y. ~MII b~oan~ dw and p~y~ 4
~b!~ knhwitl~, w tMnsft~r, ~t tM option of said MORTGAGEE. ~s fully and completely u ii ~II of the wid wn~s of maNy vwn aipiM~~II ~tiPul~t~d ~
to k» paid on wch d~y. anythlnp in said promissory note o? in tKa Mort9~ge to the contrary notwitFut~ndinp~ and tlwn~rpoe w tlr+eaftM at tM option of :
~a~d MORTGAOEE, without notia or d~rnsnd, wit at law or in equity. NrcreFore or tMreaftK ba9un, maY b~ prowcubd a lf all mornys wand Mnby . ~
hed matund p~io~ ro its institufioa , i
7. Th.t in N~. eva~t rhat d,. b.pumtnp ot or ~t any t~~ne pendiny +nr w~t upon thts Mo.tya~.. « sa for+cla. h. a a nfonn h. a w«?faa
peym~++t of any d~ims lw~r, fsid MORTGAGEE shall apply to the Covrt having jurisd~dion therwf for th~ appointm~nt of ~ R~ivN, wd~ Cowt sM~~
forfhwith ~ppoint i nceiw~ of sail! mwtpsped ptope~ty all and sing~lar, includ~ny aIl and sin~ul~r ths inconN. profits, Isaw~ and nwnws fran wlut~wr ;
wuru d~riwd. ~ach ~nd ~wry o~ which, it beinp expresaly underuood. is hereby mortgaged u if specifiully s~f fath and d~wlb~d M fhi ~rantinp and ~
hab~ndum clawu Iwnof. and such Reaiw? sMll Mve •II the bosd snd eHective funcGan and povvers in anywiu ~ntn~tted by a Coert t~ ~ R~, uid
•uch appointment shall be maJ~ by such Cowt as sn sdmitted eqvity and a matter of absolu~~ ri~ht to s~id MORiGAGEE. ~nd without nf~ W th~
ad~qu~cy o~ imd~quacy of th~ valw of N» poperty mwt9aged w to the sotvency w insolvency of uid MORiGAGOR a tM d~hnd~ntM ~d th~t wd~
renrs, profi~a, inooine, bsws and nvenws ~hsll b~ applisd by such Recrivu accordinp to the lien w pui~y of aid MORTGAGEE and th~ practic~ o~ wch
Coun. ' ~ . '
8. To duly, peon~pHy ad fvll~? perfo?rn, difch+rye, execute, effect, complet~, oomply with ~nd abid~ by tacl~ ~nd ~wry tIM atipulatioru„ apr~nM, `
conditiar and oo~ven~nts in said pron?hwry note and ihis mortgage set forth. ' - ~
9. ?h~t tn tM ~wM tM own~rship of the mortg~yed premises. or ariy paA tF~eof. btcomes .wst~d in a qrwn othsr th~ tlr MORTGAGOR. tM
MO3t7GAGEE, Ita woasson and assipm, may, witFaut ~o+ice to the MORTGAOR, deal wi~h such s~ouaar ar woaswr in h+tenst whh r~f~nno~ 1o th4 ;
mortpa~ and tly debi Mreby secur~d in th~ tsme r.unner u with Mwfgsgor without in any w~y vitiatkg or discharpinp Nr Morfpapoh' N~b11itY Iw~f '
under or upo~ th~ dtbt h~reby sKUred. No sale of the premixs hereby mortgsged and oo fwbear~nq on th~ paH o1 tM MORTGAGEE or ib suoq~son '
w easpro and no ~xtension of tM time fw tl» payment of the deb~ hereby secured yivM by the MORTGAGEE or in woonson ar asaipns, rhall op~r+t~ t
!
to release, d'adwrp~, rtad'ify cMrg~ er affect the original liability of the MORTGAGOR herem, ~ithe~ in wFwle a~ in p~rf. !
10. It b sp~cifiully ~proed that Yrn~ is of tM ess~nce of this cawact and tlwt no watvw of any oblipation I~r«xid~r a of th~ obllp~tion w~ ~
cured h~reby sh~ll ~t aey tLn~ thereaher be held to be s waiver of tM terms hereof a of th~ instrument sewnd haby.
11. In additan to the fotsgoing manthiy payments of princ'pal and interest ~eqvired by the prom'usory ~ote setuted hereby, ie~oripapor aovenanM
and ~gnes to paY ta morty~gee with e~ch mo~thlY paYment an addi~ional sum estimated by mortgapee to b~ eqwl to 1/12 of tFr annwl cost of th~ follow- f
ing: {
A-NI rsal property t~xp levied or assessed against the above described real estate. i
8-Premivms on fire and windstotm inwrante as herein requ~red to be urried on fhe improvemenri ~itwtt on 1FN ~bov~ desuib~d pr~mhN. ;
C-Premiums on wch mortpape ywranty insura~ce as mwtgsgee shall from t~~i~e to time deem fit to utty on Nw lo+n secur~d Mreby.
Mortyape~ shall fiom Yime to time notify mortgagor ~n writ~ng of the smount due and psysble i~sreundar a+d wch wm shNl thKeupon b~ dw and
~ payable on the due dste of the next monthly payment and each successive month theresfter until mwtgsgee ahall notify mortgagor of • chany~ in wd~ ~
amount. Sud~ wms shsll be spplied by rtwrtgagee toward the payment of real properry taxes, inwrance premivms, ~nd nart~sy~ qwranty inwruw ;
p~emiwM. . 1
IN WRNE55 WHEREOF, t MORTGAGOR has hereunto set his hand md se~l th~ day and yNr first afor~id. ~
S~ SNbd ~d in : " 4
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s ~ erry . reae ~ ~
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e . 1' ~s..n
STATE OF~~A RY ~ ~
S5.
COUNTY OF
~f,,. T. p,~,,,,,~~y a r S Fre e a n,a
8 his wife, w me wel) known and known to m~ to 1»
rhe indiridwb desaib~d in and who sx~aned rhe fa u~strwnam, and .cknawledped beforo m~ tl+et M~ey exscuted ths sum fw ths pvrpows
tt~erein ~psd. And fIM ~aia Ste 11~ . Fre a s
w;re of ,h. .,id He rr,.y S. Fre a a - , up,,, .,.p.,,,. ,nd p,hnt~
ex~miMti011 by nw taken ~rat~ u~d span 6om her s+id hvsband, adcnow{edged to and befors m~ that sM executed wid k~strvm~nt ~nd vohro-
tarity and withoul ~n~r oonywlsion, oo~trsint, apprel~aio~, eu w from her s+id
~ WRNESS n+y huid u+d official ~sal tF~i _ day of une A. 19 ~
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~ ,ry a,~K ~ a ~
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R.,,p„ Ta ,:f,;.~ :::11,,,~;"r,,... _ ~..~i~ ,~,~(7 , ;
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First F~d~..~ s.vinp. a loan A..«iaran ~,~1~, ~tC,,;~~,,~~.~~ / ~
Of fort P~erce. , ..l~'~,.••.....,~ i~ • ~
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fort Pierce, florida : ~ ;
= ';~•Y~ % r .
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FIE.ED AND R~G9RDE0 « ~ ~ ~
S LUCI~ CO~N~Y FLA, " - ~ .
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r:~•COR~ V~RI~'f~D ' - '~'r~ .
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1J`7C1~~ ~ r~-'' r` ,
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'o T I 5 P%i 3 : + 6 = _
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:.L~RK CIRCUIT COLnT ~ a~K166 P,~E2283 nti:
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