HomeMy WebLinkAbout1647 , .
To plac~ and ca?tYww~sy k~ap on tM buildirgs ~w+w o~ hK~aita wtwN a+ said I~nd ~nd a? all aquipma~t +nd PMao^+~b tov~r~d bY t~s ~arq~
p~. with ap pr~miwd? tMreon pa~d in iv16 Pw iosw+na ie tir vswt saod~rd pofict/ fonn. ~n a iuru approv«! bp Hy MORiGI?GER, u~d wa+dua~w
i.~iwaeK~ h ti?~ vsual it~ndan) pplicy fornA, in • sum ~ppOwd by th~ Md~TQAGEE~ in s~tA comp~ny or tompaniM a th~ N10RTW1GEE ~y
direc~t ~nd ~U ('a~ and wu~brn? inswann policias ~n any ot said bvildi~g~„ ~ny intKe~ thu~ie or pan tMrwi. in tM pqrp~N ~wn afaea+id a
tn ~aass iM.~o1. sMl! conain ~h~ uswl uandard mapapN d~us~ or suc1~ oeha d+vs~ a tM Mor~9+~ m+Y ~puwr. ~w+?inp tM loss wd~ ~+~d po14 j
c~s. ~ad+ ~nd ~w~y. WY+b1~ a wid MORTGAGEE ~s iu in~ss~ nwy apppr. a+d ~ach and ~vs.y wd~ pol:cy ~+11 b~ panpriy sss:pn~ an~ dNivNed q
~ny MW by ~aW MOR1CsAGEE as turtiw s~cwify to aaid mor~yap~ dcW. and, not ku than Nn l10) dtip in ~dv.+no~ of N+~ ~xpirat~on of ~..cA Pa~q?. b da t
1~... ro a~d MORtGAGfE ~ r~w~l tM~wf. 1ope~F~u wiiA a ne~p~ for th~ pnmium of weA r~,,,~a4 +~d th~.~ sA~ll b~ eq fWt or windirorm intwann
pl+ad on ~l of uid buildinps u~y inta~st tM«in or put ther~of. w~kss in th~ tonw'and wnh ~h~ bss payabl~ u afwtNidt and in tht ~wnt ~r iw++
of moeNy b~cenns payaWe unda wch polky or policws siid MOttTGAGEE ~haH Mw tM op~~on w nuiw and ~pply tM wn~ on acooun~ 01 tM ind~bt~ .
rYSS Ncw~d Mnby or a peimit taid MORTGAGQRS ro nuiw a~d vse it w a~+y pul tl?er~of tor o~her pwposes, w;~hovt th~reb~ waivu.q a rnpa:o-
in9 any p~ity. Ii~n or ripht unde~ or by virtus of thit +no~t~sr an.! in tM ~wM said MORTGAGORS slWII for ~ny n~son fail ro 4~p tM ~aid premises w
i.:sured, a fai) fo d~liver promptly ~ny of said polici~s of Inswfnrs to said MORTG/?GEE, or fail pranptlr b paY fvlly ~nr ptmium eh~t~fp or in any
rsspect hil b pafocn~ dscharg~, execut~. ~ffact, oompt~t~, tomply with and ~bid~ bp this coveoant, w any part heraof, said MORIGAGfE n»y plac~ a~+d
p~r iw w~d~ lrpuranc~ a a+?y put tt.NCOf withoW wahaq w aHeaw+p anY optioq, lia~, puity. or ripM vnds~ or by virtw of this Mat~ap~, and tF~t
ful! ~u„t of Nch and ~very wch piyment shaU b~ inrnediu~ly dw and pyabb ~nd :hall b~ar inh~~s~ hom tM d~t~ tFwao( wuil p~id at th~ wb of
nirw pw oentym pK arrrNn and togethe~ with ~utA inlap/ shill be ~ecwed by tM IiM of this lnxt9a~e.
1, To p~m~i~, ea~v:rt w wff~r no wast~, ienpakment er ~t~.;or~tion of said Rrop~r w a~y p~t tl+er~of,
5. To pay dl and wg~?!a~ tln ~coa», cMrpa and expaws. inct~d'u~p ~ rcaw~n~bl~ ~»o.n~y's fse s~+d oosb of ~bstr~cts of titl~. incwr~d w p~id a
~ny r'rn~ by wid MORiGAGFE, bacaus~ or in th~ ~v~t of tM failur~ on tFK put of th~ iald MORTGAGOR w d~y, p~ornp~y and f~tly p~.farm, d'achuyt
execvn. ~ff~a. oo^+Pk~~ ~+P~Y with and abtd~ by ~ad~ u~d every tFw sr'ipula~~oia. aq+e~mcnn. conditions and cownaon oi said prom+ua~ note and ~lwi
^+~?~9+W +'^Y w eirha, and sa;d cous. cMr~s and ~xperwes, ~sch and ~very. s!?~It b~ im~+~cdiately dw ~nd p~y~bN: whetMr a noe Nien b~ notici dr
m~nd, attempt to toitetl w wit p~d'ieg: a+d tM fvll «no~nt of txh and aMe~y wd~ payment sMll bsx interest fran th~ date tM~~of ~ntil p~id ~t eh~
ra~e of nin~ pe~ centuen pq an,wrn; ~nd all s~id cdst~ cMr9es and expe~ses incunsd or p~;d, topetMr w~th wch inta~st. shall b~ s~cw~d by th~ li~n of Niq
mortpap~. ~ - i
t
e. TI~N in tM went of ~ny breach of this Mwt~ape or drfa~lf on tM put of th~ MORiGAGOR. a(W in th~ ~vant ~ny of s~~d w.ns of mon~y ~
herein r~fan~d to b~ nw promptly u~d fully psid W~r~,~, ~w.ry C,~o~ d~y, ~,.x~ aiF•. ~h.:.~.~. se~aa~y bcco~+. d~,e .~,d Payw., withow dsm~nd a ootice.
or in dw ev~N cach and ~vsry the itip~la~~ons. a~eemen~s. conditions ~nd toven+nts of s~~d p.omiuwy .ate ~nd th:s mwpspe any w NthN u~ ra1
i:,ly, promptly er+d fuqy per(x~ dlsch~rped, execuled, ~ffected, compl~ted, cornpl~sd with and ab~ded by. tMn in a~ti~ a~+y iucA wu+t tM said ap~
flre~aaM wm ~r~+tiaied in s~id promisswy eot~ then remainieg u~paid, witA inte~est ~ccrued, and ~II mornys stcursd her~py. shall becw+~ dw and p~y.
eN1e forthwith, a thercsfter, ~t tM option of said AApitTGAGff, as fu!!y and compleielr as If aU of the aaid wms of nwney wen or'g',n~lly st~pv4ted
ro be pa~d~ on such daY. anlr~~w+9 in sa;d prom~s~ory eote a in tha Mwtqage ro ~he caurary nww~~hsanding; ~nd ~hereupon or thercahe~ a~ tM optia? of
sa~d MORTGAGEE, wittwut not~ o~ demand, wi1 at Irv or in pu~y~ tIllfRfOf! Of fIKfNI~N be9w~, ~nsy be prosecured a if all moe~eys sscwtd hs~eby
had mstwed pr~p Io iq i~titution.
y. Th~t in tM evenl tMt ~t the begi~u+ing of or st u~y time pendGeg aoy wit ~pon this Mort9~ge, o~ 1o foreclos~ tt, or b refonn it, p fO MFOIC~
payment of ~Mr daims he?euode~. ssid MORTGAGEE sh~l1 ~pply to rhe Coun having jur~sd~an ~hereof for ths ~ppanrmeet of ~ Receiver. r_Mh Cowt sha11
FortFiwiM appwnt a ~eceiver of said morty~ged property all u~d siegulu. includ~nq ~U ~nd singvl~~ tl,~ inroine. profits, issues and rtvenues fran wMtever
~ourc~ duived, Hch and every of wh~cFti it bei~g e:pressly onder~tood. p hereby moc~gaged as if spec~fiully set for~h snd dacribed in the ~.antin~ and
haba+dwn dsuses heroof, ~nd such Receiver sha11 have all the brad and effective funa;o~.s and po,aers in anywise entrwted by a Coun to a Reuiver, uid
•uch sppointment shatl be made by suth Cowt p a~ ~dmitted eq~ity and a maner of absolute right ro said MORTGRGEE, and without reicre~e w tl+e
adcq~~qr or inadequacy of the wlu~ of tM p~operty ma~g~ged ar to the sotvency or ;nsohrcncy of said MORiGAGOR w the defend~ny, and ~hat such
renrs, prof~n. incane, iswes and revenues shsll b~ app~ied by such Reccive~ xcord'ag to the 1'~en or ~gu;ty of said MORIGAGEE and the pract;c~ of su~h
CovA.
8. To duly. M~+P~~Y ud fully perfonn. dackarpe, execute. eifect, complete. canpty wi~h ~+d abide by esd~ and wery the iGpulations, +preements.
conditioro and covenanrs in said promissory note +nd this mortgs9e set forth. ~
9. Th.t in ~M even~ ~l+e orvne.:hip of tl+e mor~9+Qed Prem;sa. w any part the.eof, becomes vested in • perton aher thsn the MC+RYGAGOR. ths :
MORTGAGEE, ib wccessors +nd ui,gr~s, may, r,,;thout notice to the MORTGAOR. deal with such waessor p wccesser ;n ir,terest wi~h refcrence fo this i
monyaQ~ and the deb~ hereby secwed ;n the same rnanner u with AAwtgago~ withow in any way vitiairg w dixhupirg the Mortgagors' liability hera
under or ~rpon the dcbt hneby secured. No sale of tl+e premises hereby mwtgs~ed ard no fabearance on the pa.~ of the IY~RTGAGEE or irs svcceswn
w issig~ ~nd no extensio~ ot the time fw ths payment of the debr hereby secvred yi.eo by the INORTGAGEE w»s succ~ssors a us;pns, ah~Il opar~t~
ro release, d~sch~?qe, modify dwnpe or affect the or;g;Ml Ii~b~Gty af the 1NORTGACaOR he~e~, either i~ vvlwle or in put.
10. It h spec;fic~lly agreed thst time is of the essence of this contr~ct and tAat no w~iver of sny oblgation here~roder or of 1he oblg~Yan sa-
CLtCJ Flplby lINII il My finN /tIHNNp Il! Illld ~p b! a WajV<y Of tI1Q 1Kmt hereof a o~ the insrru~nant secured he.by.
11. In add~tion ro the forego:rg monrhly paymcnts of p.irK p~! and inrerest required by the pran~ssory note secvred hereby, mortgsgor coven~nts ~
and ~grees to pay ro mortgsges with e~ch momhlY parment ~n sdd~rional sum esumstcd by mort9agee to be eqwl b 1/12 of the aenwi tost of the fdlow-
ing:
A-AU real prope~ty fa:es kvied or assessed against fhc above descr'yed rea! tstata
6-Premwrrn on fire and windstorm insvr~n~e ~s hercin requ"aed to be prried on the imprwre~ xnts sitvate on the sbcve described pre+nises,
C-Premiums an wch mort9sge guuanty iosurance as mortgagee ihsli from t~me to tune deem fit to carry on the lou~ secured hereby.
Mwtyagee shall from tune to time notify mortgsgor ;n wriGrg of the smount due +nd paysble hereunder and such sum shall Nxrevpon be due and
payable on ths dus dare of M~e next monthly payment and each wccessiw month there+fter ur.til morty~gee shall notify rnortqagor of a change in such
amount. Such suins shal) be spplied by mort~ee toward the pryment of resl property tsxes, i~ura~ce prqn;ums, and rtqrtyage gwranty insuranca
p~emiums,
IN WITNESS WFtEREOf, the s~~d MOR7GAGOR has hereur.fp set his I~nd snd seal the day ~ fir~t afwasaid.
Sipn~d, 5 slad ~d c3elivered in e~es of: ~
~ ~ h
n
K--,~
rc~.n
STATE OF FLORIpA ~
courm of _ St. Lucie
Qefore rer pasorWlly appe~rod James Skinner
Lois Skinner his wGie, ~o ~,~u ~,~a wb,~,,, w„x ~o b. '
rhe indn?idwts desu~'bed in a~d who ~wecured the foreyoirg insrrun»+?t and xkrawledged before me that they executed ~he asme for the PurPoses !
~~?~„,~xp.e,..d. ,~„d,~„,,:~ Lois Skinner
,~r~ o? ,h. „d Jame s Skinner ;
br me taken ~rpa? a seps•ate and priv~h
examin~tiw~ sepsrate and apsn from fier s~id ~duwwled~ed to u~d beforo m~ tMt she e~c~cuted said iryhumeet fre.ly and volue~
carily ar?d witlwuf ~rpr comPuision. constraint. ~PPr~l~~+p~, h_ax,of or f?om he? si
WlTNFSS my iwid and offic~al seal t~ d~ ~y
A. D. 19~
-f
Noury Public in eryd for the Sts of Fbrida ~t lar~
Rerurn Ta. - - MY ~ommission ~xpires:
Frq Federal Savirgs i loa~ /lssociaYan ' - -
~.1,.,::i i~ -
Of Fat Pierte. . ~ . ,
Not P~4c. Stak at Road~ at la~ ~ , v
c~.~ P~a. Ft«~~ £G~R~
f`Q„P.. iJly Cooaissioo Exvires Nor. 3.
P R~,~.~1'~0 F.. a c.»w ',1 i, R°_ ~
~ , r..a.a tr F ,
v ~
~
E~~~C~c~E _
s.~ • a~coR62~95 yg = ~ t- , o ` -
i ; J r=
, ~ , . . -
•6~ ~S ~
1 R
t,p\ Cp~3
~~K G~RG~~~ a001t 1~ ~~~It~J .
G` ; - ~ c '
,P ~
_ - - -
-
.