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HomeMy WebLinkAbout0645 1 ~ _ , ~ S. To plaa and cautm+a+sM Iu~P on tM bvildinp~ now a M«ahK utuat~ on aid ia~xi .r.3 ~ all puipment ~nd p~rwn~Iir cownd bY thk nwrq~ p~, witA ~11 pnmiw+rl tF+Kwn p+~d in fi+ll, fin i~avraecs in t!~ ~swl uudud policy foren. ~n • sun~ ~pprowd by tM MORTG~?GEE. +^d wind~to.^+ imwanp in ~M usu~l uanda.d 'polk~T farn, in a wm ~pprowd by tM MORTGAGEE, in wch company a oompania a tM MORTGAGEE may dkK1J YI~ ~I) ~f M~ windtlO~M k~Wt~nq pO~itiM On ~ny Of NW bYlidinpl,~ My (fIN?Mf fFN~fG1 W pNt fFNf~Of, In tFw ~yprp~t~ w~n afwaaid or in ~xaw tMrwf, sh+ll sontain th~ wwl uandard moh9apM davs~ or wch oth~r daus~ a th~ Mortp+pN m+Y ?puir~. m+kfn0 t!» loss unJa u~d pol} ciN. Nch and .wry. Wrabk a wW MORTGI?GEE a~ in larKar m.y .ppp.. u?d ead? ~+d ~wry such politp aMll b~ p?omptly us:~md and d~i3v.r.d ro any Mld by ~+M MORTW?GEE a fwtM~ sawity to uid m«t9+p~ d~W. +nd, not Itis tMe tu~ (10') days tn ~dvano~ of tM ~xpir~tion of esch polky, w dr IMr to uid MORTGAGEE • nnewal tM»of. top~tha whh a nuipt for th~ pnmivm of wd~ nnnw~lj and tMn sMll b~ no fir~ w wind~tann iraursna pl~ad on u~y of uid b~ildirg~. aM? intsrut tMnin a p+rt ~Mnof. ~nl~ss in ~h~ fonn'and with tM loas pay~bt~ as afw~said~ ~nd to th~ ~vtnt ~ny wm of n~on~y b~canN p+Yabh u~d~~ wch policy o~ poliws ~kl MORTGAGEE shall haw tM option w ~~iw ~nd apply tM wnN on ~caow+t o~ th~ hd~bt~ n~q NctiK~d I~atby w w pKmit s+id MORTGAGORS ro rsc~iw and us~ N a any put thereof fa otixr pu.poaes. wi~hout thareb/ waiviny a impaiF up .ny «~wh, lien a riphl w~d~r ar by v4tw d this mort~ap~t Md in tM ~vent ~aid MORTGAGORS ah+ll for ~ny rwwn f~i) 1o keep tM wid pnmi~s w kawed. or f~il b d~liwr promptly ~ny of uid policia of inwn~w to aid MORTGAGEE. or fsil promptFy 1o pay fully any pr~n?iwn tMnfor a In ~np nsp~ct fail b pKfoan. diuh~ry~. ~x~cut~. ~ff~ct. oo^~PIN~, c,omplr with ~nd abW~ by this oovMant, Of My pift IINWf, s+id MORTGAGEE m~y pl~q and WY fa wch Mwwanc~ or any part tMrwf withow w~hkp a~ff~ctG+D ~np ePtion, ~iee~. p~?~b, a ripbt w~d~r w by vinw of this Mortppt. u~d the full amount of Nch a~d ~vKy wd~ p~ym~m ~h+ll b~ inunedi~tdy du~ a~d py~bN and ~h+ll b~w in»r~at han th~ dab thenof w?til p~id N tM rat~ oi nine pa oemwn pu aewwm and to~tha wlth wch inter~st shslt b~ setw~d by tM lien of this Inortp+~. 1. To pKn+it, oaNnit or svffu no w+sM. knp+irment a detuior~tion of said propMr a M+y p~rf tMreof. 5. To p~y all ar! skgvlar tM <oat~, chu~s ~nd ~xpNaes, includ'~np a r~asonabi~ ~nomey's he ~nd oost~ of ~~scts of titb. incvn~d a p+id at •ny tient by uid MWRTGAGEE, Meaus! or Y+ ~Iw ~w+?t of ths failvn on th~ part of th~ s~id N10RTGAGOR 1o duly, promptly ~nd fully pKform, d~sehuy~ ~x~cvt~. ~ffM. awnPb». oomplY with and abid~ by ~ach ~nd every th~ stt~pdations, pre~msnn. oondttioes. ~nd Eovee?~nts of s~id Dromis~o?Y iwb and thb monyp~ +nY a e~thN. and said oost~. cMrpa snd ~xpsrnes„ each and ~wry, shrll b~ inunediat~ly dw u~d p~yaWe: wheth~r w not tMn b~ noria dr m~nd, ~tqmpt to coll~et p wit p~n~Gop; w~d tM full amcwM of tach and rvery such p+ym~nt ahsll Ma? int~nst from tM da~s tlrreof until p~id ~t N+e nte of nirw pe? oeatwn pK ar~rwm; uid ~II wid o6sts, c!?H~ea and expemss 6+cw~td a p~W, Wp~thK with wd~ intenat, iMll M s~tw~d b~r tM liwn oi thu mo~rey+0~. e. TMt ie tM went of ~ny bread~ of this Mortyag~ w dsfwh on Hr part of the MORTGAGOR, w(b) in tM wMt ary of aid wem of morKy herein nhrnd a b~ ~wt prompt~y and fuly p~id within thirty (30) days next after the sama severally become due end pay~bl~, withoW dem+nd a rwtice. w W tn tM ewnt each and ewry tly stipulations, sp~semen?s. ca~ditian ~nd co~nn+nb of s+id promissory noa and thia mwt9+~e +eY w~ithK an ~w1 iuN, promptly and fully pKform~d, disc!?~~ped, ~x~cuted, ~fiected, oompleted, complied with ~nd abid~d by, tMn in eith~r w any such ~venf tFw s~id a~ pre~t~ swm mentiawd in said promissory oot~ then remaininy unpaid, with interat ~cwved, and all ma+eys secvred hereby. shall b~ao~n~ dw and paY abl~ forthwirh, w ther~aftu, at tM optan of ~aid MORTG~1GEE, u fulty and completely u if aIl of the sald swns of momy were o~ipinaUy stip~?lated to b~ paid on wch day. ~nythinp in said promissory note of in tFds Mat~~pe to the conuuy notvrithstu+dirg: ~+d there~pon a ther~ah~? at tM optio~ of uid MORTGAGEE, without notic~ w dsmaod, wit ~t lawr w in puity. thercfon or thereattas bayun„ m+y be prosecuted as if all nwn~y~ s~wr~d Mrtby had msfund priOr to iri institution. 7. 7Mt in th~ event thst at tM beyirw+inp of w ~t any time pern!'xg soy wit upon th~ Mwtyage, a to foreclose it, w to rofonn it, or to enforcy p+yment of any daims hereunder, s+id MORTGAGEE sMll spply to the Ca?n h~viny jurisd'Ktion thereof fw tM appantment of • Receive?, such Couit shall fonFiwith ~ppoint s roceivw of ssid mortp+yad property ~II and singulu, indud~rg all and singul~r ~F~e fncern~, profits, iuves and reverwes from what~ve~ ~ource duived, each and ~very of whicl~, it beirg expressfy understood. is hereby mwt9aged u if apeciiiu{ly set fath and desaibed in tM yrantinp and hsb~rklum clavses hereof, ~nd such Reoeiva shall have all fM broad and effectiw fund~or?s and powen in anywise entnnted by • Court ro a Rsceiva. and such appoinMient sMll be m+de by wch CouH as sn adm:"~d equity and a matter of absolute ripht to said MORTGAGEE, ud without ref~renc~ ro ths adequ~cy a insdeqvacy of th~ wlw of th~ prbperty mortps9ed or to the whrency a insolvency of said MORTG/1GOR or tl+t defe~dants, and that such rann, profi», income, issues ~nd rewnues sh+ll be~ spplied by wd~ Receiver ~ccordinp to the lien or aquity of uid MORTGAGEE u~d the p?actict of svch CouA. 8. To dvM, promptly and fully perfwm, d'ach~~, execute, effect. complete, complY with and abid~ by each a~d evsry tFw stip~latio~s, ayreemenn, conditans and ooveninn in said p~;omiuay not~ snd tlw mort9ag~ set fwth. 9. That in the went the ownership of ths mortg+ped premises, w any part tFicrcof, bem~nes vested in a pe~we~ other tMn the MORTGAGOR, th~ MORTGAGEE, ih wccetsors ~nd assiprn, m~y, without notiu to the MORTGAOR, deal with such succeswr or wcceuor in interest with refcrence to this n mor~9a~e uid the debt hereby secured in the ssme manner u with Mwtyapw withoW in any way viti~tieg a disch+rginy the Mortgsgors' liability hera under or ~pon the debt hereby secured. No sak of ~he premises hereby mortgaped and no fwbearance on ths paA of tM MORTGAGEE a in successon or ~uigro and no extension of the time for the parment of the aebt hereby secured yiven by tF~e MORTGAGEE or its successws w assigns, si~ii v~r~te ro rNsas~, disd+arp~, modify d~+~+pe or affect the original liability of the JWORTGAGOR herein, eithsr in whole w in put. 10. It is apecifically agread that time is of the euence of this contract and that no wa'~wr of any obligstion hsrevnder or of the oblgation se- a,red Iwnby shali at any Y~me theteaher b~ hcld to be a waiver of the terms hereof or of the instrument setwed herby. 11. In additan ro the fwego:ng ma+rhly paymenb of princ:p~l and interest reqoired by the promissory note secured he mortgsgor covenants and ayrees te-p~ ortgagee with each monthly p~yment an add~r'wnal wm estimsted by mwtgsgee to be eqwl o the annwl cost of the follow- ing: _ A-All ~eal property taxes kvied a suess above de~[ib estate. , d-Pran~ums on fire and windstorm inwraice a u~r ied on the ~mprovements situate o~ the above described prom'~ses. C-P~emiums on s~tch anty inswance u mortgsgee ihall #rom t~me o fit to csrry on tF+e loa~ secured hereby. Mort ~-s time to time ~otify mortgagor in writinp of the sma,nt due snd p~yabk her wm shall thereupw~ be due and ~ on the dve date of the ~e:t monthly p~ymeM and each succeuive month thereafter until mortgsges sh~ll notify chsngs in wch amount. Such sums shall be ~pplied by mertgapee wward tF+e psyment of real property taxes, inswance prem:vms. ~nd mort9age 9usranty insurance ~ preiniwru. ~ W1TNE5S WNER , the said MORTGAGOR has hereumo set his h+nd and seal M~e dsy and year fust aforadsid. ~ led ~d in 1M presence of: ~ ~ (Sea~ E ~ ~ n ~ ,~--n STATE OF FiORIDA , St. Lucie ~ courm oF P.,,,~,~y ,pp~,,.d Ben Parri sh ' ~ ~/~~lg Parrish ha wife, to me well known ~nd knawn to me to b~ the ind'rvidwb desc?ibed in and who ~xecuted the foreyoirg instrwnant, and acknowledped before ms th~t tF~y execwed tlr same for tFw p~rrposes s ~;,.r~io .xp.».d. ,4,d th. .,;a Vio18 Parri sh ~ W;r. ~ „sa , Ben Parri sh „p«, . ,,,a ~„t. examin~tion by rm taken stparatt and ap~A from her ~aid husband, adcrwwledged b and befwe tm that ~M executed said i ment fretly ~nd vdun~ ~ rarily and wiiMovl u~y eomp~lslo~, eoostrain?, appre!»eaan.,p~ fesr of w fran i~ . ~ W~TNESS m~r hand «~d officul s~+l this 3 ~~'y`~ day of ~ A. D. 19~ ~ Not~ry ~nd fw tlw Stat~ of Florida at lWye My eommiss;on •xpsres: - 2 G- 7/ R~turei To: ~ firu Fsdaal S~virqs i loan Associatan FlC NOTARY PU3LIC. =TATE OP RO~iDr d7• ' ~ Of Fwt Pierte. S•T, E~ qN~ RE ;oN e~y.•:..:.~s~oN ~iaES t~3w. j t~,:; , w.~ PK.u. Florida ~ ~U nIE ~D~F ~ORpFp. F.RED .~::;ai~~ ~ , - ~R Y F~A. . rG ; _ ; - . ~ : ~ ~ , 16581'~D ~ : This instrume~ prepared bq ~8 APR j. . • v~' Y_ ; first federal Sav. & Loan Assn. ~ j~ . ~ ~ - ; ' . _ ` x ~E~ ' 1 B ~ , of fort Pierce - = ~ J. Collins ~ `'r? :<-F`',~~~~ . S ~ ~~R vi! p ; - y , , K C1R~V~r ~ov RT `BaD1~~~,~, ~~'~CE ~ , rb rl ' ~ t ~ _ _ n _ - - - - - - ~ ~ .~~x ~ -