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HomeMy WebLinkAbout2701 - . : . - . 3 t ; ~r t'; ~ ~ ; t . ~ To plaa and ca+ti~+~wush? Iu~P an tl+~ buiWN+ps ~ww a l~~sftK ~Inat~ ~ saW la+d and on ~II ~quiprmnt aed pMSOnallp oov~nd b'!? Mb Maf~ p~, with ~11 pnmiwn? ~F~~on p+~d in fu16 fin insv.sna in tFr uswl ua~dMd po~iry fonA, ~n • swin approwd by th~ MORTGAGEE. and wi~n~ M~ura~a in ~M wwl au~d+.d policp form~ N• sum ap{~owd by ~M MORTGAGEE: M~ wch canP+^lr o? canP+nia a th~ MORiGMifE n~? dk~ctr ane! ~II fin and wind~am+ irowaoa polici~a on w+y of sald b~ildinp~ ~n~r bNnst tha~in a pvt tM.wi. in th~ ~~p+las wwlM Nid polb a~xa~s ~M.a~i, ~A.II aoMain N~. ww~ tr.nd.rd mo~+pN davs~ « wd+ ah.. d.uw a Hn Mor~p+~ n~? nquin. makM~Y dM. ~adi and wNY. Wy~bl~ w aW MORTGAGEE a ib intKast nwy ~ppMr. and ~ach and twry wd~ po1kY ahall b~ p~anpth? as:qrwd snd ddiv~nd to mp MW by ~std MORTGAGEE as fixtl+w Ncwitp to ~+id mort~+p~ debt. +nd. no1 I~ss M~n bn (1~ dayt k? ~dvana of NN ~xpk~lion of Nch policl?. 1o d~ liwr p uid MORTGAGEE ~ r~w~l N~xwf, top~dwr wirb a~saipt ior 1M p?«eiwn ot wch ~a~ewatt ai+d tMn iMll be ro fin or winds~wm kuw+na plapd an ~r of uW build'~, any ieanq tMr«n or put tMrwf, uelas in ~M f~ono'and with tM loss p~Y~bb as ~for~said~ ~+d in tM ~wm a+y wm af n~oe~y b~ean~s paYsbb und~r wd+ po11~Y a poliei~s aW MORTGAGEE sh+ll Iww tM option b npiw aod ~ppy tlr s~ on aeeo~wN o~ t!» kd~bt~ ~aa pcyr~d hK~by oc a pumit s~id MORTGAGORS b na~ivt ~nd ua M w ~ny part therwf for other pwpo~es, without tFNreb~ w~ivinp a anpaiti ~~^Y ~4~?Ity, It~n or ripht ~w~dsr a by virtw of thb mort~p~s and in tM ~vent wid MORTGAGORS shall fa ~ny nason (ail to kNp tM wid pneniuw a kuund. a fafl b d~liwr P~~Wh +~Y of s~id policiea of insw~nc~ to said MORTGAGEE, a hil P~~P~h? ro Wl? ~~b +M~ P~«niun+ tlw~fa or In any t~et fail b p~rfan4 e~d~up~. ~x~wt~. ~ff~d. oompl~». oanPN with ~nd ~Wd~ b~? tF~ oownint. or any put Mnof, aW MORTGAGEE m~y P~+oe_ ~~d WY fa wch krurano~ or any parf tMr~of without waNGq a af~ttrpg +nY qN~B~, ii~, ~il?. or r~ki ci~dw W isy ~tua of th€t Mo~!~+~. tnd tM ~ ~ull ~nowa of ~ach and w~Y ~ WY~~ ~1 b~ ~t~h dw ~rd p~Y~Wi and ~I»II b~x int~r~at from ti» d~N thsaof w~til p~id u tlw r~N of nirr pN pnlwe pK ~mum and topNl+K with wch intenat sMll b~ s~curtd tM U~n of thN morlpaq~. 1. To p~rmit. conwdl a wff~r no wait~. MnP+km~nt or dNKioation d uid propwyr a any parf tiwr~af. S, To p+y ~11 aod sinp~la? th~roostw, eh+~ ~nd ~aPM+s~~, ine~di~p ~~aon+bl~ attorewy's fN M~d Dosb of ablMaCft of titll. ineurnd a piid a~ ~ny tinw by wid MORTGAGEE. b~cws~ a{n th~ wMt of tM failw~ on th~ put of tM said MORTGAGOR to duly. womwN «d f„iN ~onn. ~sc~ exKV1~. ~ffM. OOIt1PNq. ~Y wif11 alld ib~{~f bY ~K~1 ~ fWfy tIN st~NiO1N~ ~tlMMnb. COf~d11i0~1~. ifld COV~MnIi 0~ Nid prOmisqfy nM! ilfd thif ~9+~ +~Y a~itlw~. u~G wid costs. dwq~ and ~xpar~s. sacl+'~nd ~wry, shall b~ immediately dw and p~yabl~t wMtMr a not tM~~ be notid d~ maed. att~nipt !o aollM a wit p~ndirgs ~nd th~ ivll anww+l of ~sch and ~wry wd~ p~ym~nt ~11 beu interat from tM dat~ tM.wf until prid ~t t~ r~n of ~ p~r a.~twn pa amwn; and all said abst~, cl~uyes and expN?ses inewnd or p~1d. topNMr with wch inta~st. ~h+ll M wcured by Nw Iwn of tha ~q~ 6~ llwt (d in tM ewnt of any bnad~ of this Allortyap~ or d~fauN on Nr pMt of tM MORTG/?GOR. w(b) in tM w~m ~rry of uW rxro of money h~ntn nf~rc~d to b~ no~ pranptry aod fvl~ paid within thirty Cd0) d+ri Mxt af~er tlr wn~ sevaallY becane dw ~nd WY+bI~, withouf d~rtwnd o. not~u. i or W in tht ~wrst euh tnd e+rsry tl+e ttipu ~liora. sQreen+ems. conditio~s +nd cowe~+~a of aa7d promi~sory nob ~nd tlws mortp~pe +n1? a~i~Aa u~ nol ; ~Y. P~~P~ u~d fulh P~rfam~d. discF~uped. ~xsa+t~d, dfect~d. oomPbad. comP~ied with u+d abided by, tlwn in ~it1+K or u~y such ~wot tM wid i prq~N wm mentia»d in aid promisfary noM thtn ~anaininp unp~id. with intar~st acuued, and all moneys sacwtd Mreby. sh~ll berome dw ~d p+p ; ~bl~ fonhwitl~, w tFw~aftu, ~t the opYan of ssid MfiRTGAGEE, as fuly and con+pl~tey ~s if ~II oi tl» said suna of mw»y vwre agin~lly atipul~ted ~o b~ paid on wch day. ~nythin~ in s~id promissorY oote or in this MatQ~ to tM aontruy notwithstsndinp: uid tMreupon or thereaha at tM oWion of wid MORTGAGEE. without noric~ w d~msnd, wit at laa w in puiry, ther~fon or tMrahe~ beyvn. m~y b~ p~os~cvt~d ~s if dl mon~ys s~cw~d huebl? h.d m.wnd pr'ror ro in iro~iwtion. F 7. Th~t in th~ eveet thst at tFK b~ginning of w ~t sny tim~ p~ed'ing aoy wit upon this N~ort~yt, or to fw~clos~ N, a b nfonn if, a to enforc~ ! p~ym~nt of ~~ryr dsims hereunds~. s~id MORTGAGEE sMl! ~pply w the Caxt hsvinp jwisdrctiw~ thereof for the ~ppantme+N of ~ Recavs?. such Couit sMll ! fortliwith sppoint a taceiver of ssid matya~~d property aN ~nd sirg~lar. includmg ~II ~nd sing~lar tM inoomt. profits, issues and revenws i~an whatwer ; taxp deriwd, ~+ch ~nd ~very of whidti it beirg e~cpressly w~dastood, a hereby matgaged +s if specificallr set fath and dewibed in tM ~~antinp and • h~bendum d~uses hsreof, uw! such Reuiwr ~h+ll haw s0 the brwd and eit~ctive fu~ctio~s ~nd powers in anyNrise er?trusted by a Coun ro~ Rsceiva. ~nd ~ wch appointment thsll be m~de by wch Cowt as an ~dmined eqvity and a matter of absolut~ ripht to s~id MORTGAGEE, and without rsference ro tM ; +~9~+~Y a ~^+~4~+~Y of the vslw of the Wbpe~h mwty+ped w to ?h~ wwency or insolveocy o( taid JMORTGAGOR a the defend+nts, and that such ~ r~nfs, profits, incan~, issues a~d revenws ~II be applied by wch Reuiver auordinp to th~ Ikn a pvity of wid MORTGAGEE aad the prsaiu of wch ~ Court. t. 8. To duly. pranptly s~+d fully pafwm, d'ad~arpe. execut~. ~ffect, comple», oomply wifh and ~bide by ~adi ~nd wery th~ stipulatiora. apraemtnq. oond'eans and coverwnts in said pranissory e~a~ sed this mortyay~ set fwth. . 9. 7lwt in th~ ~wnt th~ ownenhip of ths mort9pad premises, w ~mr part thereof, beaams vested in • penon otha than th~ MORTGAGOR, th~ MORTGAGEE, its succesw.s and assip% m+y, without norKe to tM MORTGAOR, desl wifh such wae~or o? waessor in interest wirh ro(erence to this mortpspe and the debt hereby secwed in tM s+me m+nne~ as with lNorty~yw witlwul in s~y way Yt1K~It10 a disclwpinp tM Mortysgors' iisbility her~. vndei or upon tiw debt hereby seaKed. No ssk of ths premises hereby mort~sped and no forbear~nc~ on the put of th~ MORTGAGEE or i» sucuuors or usigns ud no eatension of the time for the p~yment of the debt hsreby secwed yive~ br tlr MORTG/IGEE or its woo~sson o? suiy% sh~ll opaa» 1o r~l~as~, modify chsn~ or affect tM oripin~l li~bility of the MORiGAGOR hersin, eitha in wiaM or M put. 10. It is specifically aproed that tim~ is of th~ esssnce of this co~tract and th~t no waMr of u~y oblfpatwn ha~unde~ o~ of tM oblipation w cw~d h~reby sMll ~t ~ny time thereaher be held w be a waiver of N+e tarms hsreof w of the ins~nren~nt s~axd herby. ' 11. In add'dion ro the forego:~g monthly psymenb of princ:p~l and interest required by the pron+"~ssory note secwed hereby, maty~yor ooven~nts „ ad agrees ro pay ro mort9agee with esch monthlY p~Yment an additional sum estimsted bY mwtysyee to be eqwl to 1/12 of tM amwl cost of th~ follow- ~D~ A-All real propcrty taxes levied or auessed sg+irat the abov~ desaibed real estate. ~i b-Premiums on fu~ srul w"w+dstorm inswanoe u herei~ reqv:red ro ba urried on the improvemenb sitwt~ on the ~bove described premiks. C-Premiums on s~ch m«t9+9~ 9~+~snty insw~nce ss mortgapee shsll hom YNne to time deern fit w urty on the ban ~ecured hereby. Mo~tg~gee shall fiom time to tune ootify mortyagor in writGng of the ~mount due and paysbk herew~der ~nd wch wm shall tF~ersupon be due and payable en the •due dste ~f ~thb next monthly payment and exh svcceuive mo?~th the?esher until mortgsgee ~hsll notify mwtgagor of a chsnpe in wch ~ amoum. Such swns shall be applied by matg+9ee toward tF+e psyment of rea) property ta:es, iruurarxe pran":vms, and mortysp~ yus~~nty inswano~ Pn+~iwm• ' IN WITNESS WH EOF, the said MORTGAGOR hss hereuMO set his hand s~+d seal the d+y and ytar fint ~forasaid. ~d irt -t!N pr~ o~ A ~ . ~ K--n ~ i STATE OF FlORIDA . ~ i , ~ S t. Luc i e ~ ; ~.,,~,,,~w J arr e s B ~rne s , Jr . ? ,,,d ' Li 11 i e M a e B a rn e s hi~ M,;f~, to nn. ,,,,eu k,,,we, ,nd k~own m m. b. the individwb datribed in and who ~xswted the forsyoiry~ instruenem. ~nd ~ckrawledped before m~ that tMy ~xsarted th~ ssm~. for the pwposa} .xp..,,.d. ~ ,~,..,;a Lillie Mae Barne s ,~f. ot ,h, W~a J ame s B arne s, Jr " 1 e~uenination by me t~ken s~puatt and ~part from he? said hvibs~d. ~du~ovvkd~ed w~nd beforo m~ that sh~ ~ P~ rari and wirhout a aom Isio~+, caatraint. ~'~+1~lasfnicMm frulr~fd whN? h? N~ P~? apprehemion~~w fur of w from ha s~id lwsband. ~ ~ C~ WRNESS my h~nd snd offitisl ttal t~ 3O day of ~ ~ tn b e r v' 4 Q, O ~ ~Q _ ~~1 ~ • , Not~ry Public in ~nd for fhi St~N of~~~ ~laryt.' ; My Commission ~xP~?~ /D~,~!~{~ / . - ~ C: { Retwn Ta. i ~ ; . • ~ , Rnt f~dusl Savi~gs i Lwn Astotiation " ! . . ; ~ ~ Of fort Pierce. FILEOr~rNp~•RE~Ep Motrur nwa :T~~ oF ~ouu ~T v.at ST,.~(JC~E CQ MY COMMISSION EXPIRES OCi. 11. 197~ UNTY. F~H, ~wau[o •MwouaM rwcp ~v. o~ssTe~MO~s• f~ 'r..- r; r~-. ~ n - ,sl jsi3is OfT 3 I~ AI~ : I 3 -~~~o~~r,L~ :~~~;k:.s CLERK CIRCUIT COURT s~x sss ~,~z695 ~ ~ y,. _ ~ _ . . . . . _ _ . _ " _ _ _ ' _