HomeMy WebLinkAbout0798 To ptaa and oontimrously kNp on tM buildinp~ now a I+KNN~? ~itwf~ on said lud and on dl putpn~M and p~oedb cor~nd b1? 1hk na~t~
tos~w~na in~tM uwal a u~da.d apol~c~l fonn. in •~ium approwd bywMtMORTGAGEE, fM~w~h ~canP~^~~
eao~"W^iN~a i MGEMORTCAGEE i+uy ;
dinct~ M+d ~11 fin and winduorm inwraea polklN on ~ny of iaid buildinp~ ~ny Int~nst tlwnin w pKt tMnof, in th~ pprpab ~wn afonNW a
In ~xc~H tMnof, ~Aall oonain tlw wwl ataed~rd mo~tp+~ dsu~ a such o~h~r dw~ a tM Mo?tppN ~Y n4wn. nwkfno ~M loa w~ u~d poiF
ctw ~ad~ and ~vKY. D+rabN a•aid MORTGI?GEE a in tn~Ka~ m.y .pp~+r. ~nd ~ad~ ~nd ~whr wd~ Pclky ~hall b~ pro~nptb us:qn~d ~nd d~ItvK~d ro
•ny MW by s.W MORTGAGEE u fw~hK s.cvriM ro saW ~no.rpp. d.b~, aed. no~ I~ tMn he l10) d~yt In +~dv~na of tM ~xpk~tion of ~ach polsey. w dr
IivK ro s~W Mt)RTGAGEE • nn~wal tMnof. top~thK wirh • nuipt for tM prM+iv~+ of wd~ nnewai~ u?d tMn ~hsll b~ no fin or wi~tam Inw~+na
pl~ad on ~ny; of aId butldtnp~. ~ny Mit~rat tMnh w put tMnof. unbss in th~ tonn'ud wi~h *M ba wr.bl. u•fonuid, .r+d th. •wn~ •ny u,~+~
of ,no~y b~yienws pay~bl~ ue~l~~ wd+ polky er poiici~s said MORTG/?GEE shall luw th~ option to naiw and ~pply tM ~ on aoount o~ th~ h+d~bted~
Mp ~y~~ ~~py p~p pKmit N{a /YIpRTGAGORS fo npiw ad uN h a~ny p~t tMreof fo~ othsr purpo~es, without 1hKeby w~ivinp a imp~ir
inp anr .quity, li~n a riphl undK a by vktw of thb mo~rtp+y~t ~nd M+ tM ~wnt uid MORTGAGORS ~l+all fa any h+~on hii ro kNp tM wid pnmi~a w
insu~~d, a f~il to tNliwr pramptly ~ny of wid policia of tmu?sna ro s.W +~iv:.~t~ a fail promptlr to pay iull~? ~ny prsmium tMnfa a in ~nY
r~~pat f~il b putornb dudwrpt. ~x~wt~. ~ffscL comPlN~, oomplY wifh and ~bid~ by Mi~ cownant, o~ ~ny put Mrwf, ~aid MORTGAGEE may pl~ ~ed
P+Y fa wch hawM+a ot ~ny put M~r~of whhout w~Minp o~ ~ff~ctinp +nY aP~ion. ~bn. ~4~ity, w ripht w+dN or by virtw of thi~ Monyap~, ~nd tM
full ~enaint of ~aeh and ~v~y wd~ t»y~nt sh+ll b~ inwMdia»y dw +^d Wy~bN +nd +~++II b~u int~?at fran tM dat~ th~nof w+t11 paid M th~ raa of
nir» p~r antum pN anrwm and toyuMt with weA Int~t~st sMll b~ wtw~d bY tM li~e~of thb Inortpp~.
To pKmit. oommh ar wffK no wub. MKwimKM or det~riowtion of uid prop~rty w+~h? P~f tM~wf•
S. To p~y dl uid sinpular th~AOSt~, ch+rpN +nd ~xPK+s~~, indudinp ~ nason~bl~ ~ttwn~y's fN N+d aatt of aMn~cu of titl~. incumd w paW ~t
any tkn~ by said MORTGAGEE, b~uuq a In th~ ~wnt of t!N f~ilun on tM pKt of tM ~~id MORTGAGOR to du~l?. a~o~dr •~+d ~+~y wrfo~ d~++ro~
~x~cvta ~ff~et. aomP~~t~. ~omply w~th a++d .b'~d. b~r .ach a+d .w.y ~h. uipulat~oes, apn.menn. ooedniaw and oownu~n of s.W p.aniuory paf. .nd ~
~WW +~Y o? ~itMr, u+d wid oosq, dwrp~+ +nd ~xp~es• ~+ch ~nd wKy. ah~ll be 4nn+edi~t~ly dw and payabNt whe~Mr a not tMn b~ notlai dr
mu~d,, ~ttampt to aoll~et w wit p~ndinps and Nw full art~ovnt of e~ch and ~ven? wch WYm~nt aMll b~u intK~at fran th~ da» tl+Kwf until p~id at tM
rate of niM pK antwn pa ~rnwms aed ~II wW obsta, d»rpy aat! ~xpensts kKwnd a? Wtd. top~thu with s~x,h intersst, sMll b~ wcvnd b~r tM li~n of tiw~
0. 7lNt (a) in tM ~wnt of amr br~ach of this Mwtpap~ or d~fauh on the put of th~ MORTGAGOR. a tb) tn tM twnt ~ny of uW wrtu of moMy
hertin r~hrr~d to b~ not promptly and fully pald within tFivty (30) days mxt ~fier the sam~ s~verdly becar» dw ~nd p~yabl~. wlthoW d~mand a notice.
or (c~ G+ tM twnt exh and ~vKY tM ~tipul~tiaw +~rNmann. condition~ u?d cov~nants of said promis~ory note and tliu matp+p~ any a~itl+~t ar~ nol
iuly. promptly and fully p~rform~d, d~scharped, execut~d, ~ffected, compt~t~d, complird with and abided dy, tMn in ~itM? a any wd+ ~wM tM s+id ao-
prpab awn m~ntiornd in said promiuory not~ tMn r~ininp w?Wid, with inte?~st ~cuwd. and all morNy~ s~tund her~by. ~Full tMOOmt WW and P+Y~
aW~ fathwith, or tMr~aha. ~t th~ option of ~aid MORTGAGEE. as h+lh ~rd canPi~aly as if all of the ~+W svms of ean~y w~n oripi~a!!y ~tip~lated
ro b~ paid on such day, anythirg in said pron+iswrY no» a in this Mortpa~ ro tM contrary nwwitMbnd'up; and thKwpon a thenahN at tM option of
uid MORTGAGEE, withovt nonta w d~m+nd, wit at lawr or in puiry, tl~x~fw~ or thereaha beyvn, maY be prasecut~d as ff all mornys s~ax~d her~by
had rtNhNlf~ p~iOf to iq GfttituTiOn.
7. That in tM ~va+t that ~t rM beyinninq of or ~t u~y ti~ne p~ndieg aoy wit upon this Mo.ty+y~, a to fweclas N. w to nfwm Tt, a to ~nfaa
paym~M of any di~ms hKwnda?. said AhORTGAGEE shsll ~pply to the Co~N luvinp jurisdiction thereof for tM ~ppo~ntm~nt of ~ ReceivK. wd? Couit ~h+li
fortFiwith sppoint a ncsiwr of uid mortpay~d property all ~nd iu+pular, tncludug all and sinpulsr tM incbmt, prefits, ksves ~rd revenue~ from what~vK ~
souru daived. ~ad~ u~d ~very of which, it beinp ~xprealy ~nderstood, is hereby matg~ped a if sp~cifiuly tet fonh ~nd dauibed in iM pr~ntinp and i
haMndwn clau~ Mrwf. a+d wch Receiwr ~hall haw ~II tM broad and effectiw fwxt~ons and powen tn anpwis~ e+~tru+?ed bY a Court to a Reaiver. ~nd ;
such appointm~ot sMtl be mad~ by wch Cowt a~n admitted eq~ity and a matter of absolut~ rgM to wid MORTGAGEE, and without nferaoc~ ro tM
adequxy or insd~quacy of tM v~Iw of the prbpKty morty+~! or to the sWv~ncp or•insolvency of siid J1IWRTGAGOR a th~ defe~dann, and that svch
renes, profin, G+come, issues ~nd r~vrnws shall b~ applied by such Receiv~r mordinp ro th~ li~n a~vity of s~id MORTGAGEE a~d th~ pr~ctiu of sucA i
CouA. ' ~
8. Te duly. p?omptly ~nd fvlly pKform, d'achary~. execute. ~ff~ct, tompkte, comply with and ab{d~ by s~ch and ~wry t!w stipulat~o~q~, apreem~n». ~
conditioi~ and tover~b in s~id promissory rat~ and this morty+ga s~t forth. ~
9. That in tM ~vcat th~ o+rvne?ship of tM mort~yed premises, or any p~rt thereof, becomes v~sted in ~ penon other th~n tM MORTCsAGOR, tM
MORTGAGEE. Nt s~+ca:son u~d suipra, ra+y, without noY~ce to tht MORTGAOR, deal with such waessw or wocessw in intereit with refaerKe to thi~
~ mo?fy~ye and tFr dcbt hereby secured in tht same manner as wit~ Mortyapw withovt in ~ny way vitidirg « dwch+.pin~ tl~ Mut~spw~' liability h~re~ i
under or vpon tM debt heteby secwed. No sal~ of the premises hereby mortyaped ~nd no fwbear~nc~ on 1M put of tM MORTGAGEE or In tucceuws ~
w asfigm and no extensioo of the time for tl+e payment of tFN debt hereby secured piwn by the MORTGAGEE or ib wocesson or astiyns, shall op~rat~ j
ro rol~a~t, disch+rpe, modify change a affect th~ oriqinal liabiliry of the MORTGAGOR Mrsin, ~itFwr in wlwl~ or in part. }
10. It b spec~fically preed that tim~ b of t:~e easence of this contract. ~nd that no waiwr of any obl'gatan Fwrwnder or of th~ oblipation se- ~
cvr~d Mrtby ahall ~t any tin+e thereaher b~ Mld to b~ a waiver of tM terms hereof or of ths i~ntrument secvred herby. '
I1. In addiYan to the o:ng ~anrhM wymenn of P?~~+c:~~ and interest required ~ iuory oore ~ecured hereby, morfqapor cown~nts ;
and ayrees to psy to mort9agee w~ monthly payment a~ add~rional sum estimsr mo?ty~gee to be equal w 1/12 of the annual cott of the follow- }
ing:
A-NI real properfy uxe; kvied w auessed ayainst escribed real estate.
B-Premiwm on fire ~nd w'u~dstorm inwru~oe as her ' equ~red to on the improvements situate on the abovs described premnes.
C-Premivms on s4ch mat9aya pwnnry i nce as mortgsye~ sh~ll from Nrne to ~ a~ ' to urry on tMe loan ~ewrcd hereby.
I; Mortga~ce shall from time to Y ~fy mortgagor in writing of the amount due and payabk l~ereunder an s wm sf~all thereupon be due and
payabls on tFK due date of t t monthly payment and each successive month thereaher until mortyaye~ ~hall notify mortgsgor of ~ chsrge in such
; amount. Such wins shsl applied by mortys~ee toward the p+yment of real property tazes, insurance prem:wnt, and mortyspe 9uaranry insururc~
E premiums.
~ IN WfTNE55 SNHEREOF, the said RTGAGOR h~s hereunto set his hand ~nd se~l tl+e day ~nd ysu fiirst aforesaid.
led and ~d in pr of:
~ ~ i
Z !
~
n {
, ~ ~
STATE OF FLORIDA ~
St. Lucie ~
courmr oF
~ Jesse J. Quackenbush ' r
Marle L. Quackenbush his wife, to m. weu known .na known +o n» ro b. ~
~
the tnd'widwh de:cribed in and who ~aearted ~M fwepoirg instn~enant, ard acknawledped before m~ that tFwy sxecuted th~ s~me for the purpos~s i
r~,~h ~ ,,;d Marie L. Quackenbush ;
~ wife oF tiw s~id Jesse J• Q13aC~1]b115t1__~ ~pon • separate and pr'rvat~
examinat~on by me taken wpuate ~nd apart from her s~id ~ acluwwkdped to and befort rn~ th~t aM exacut~d said instrument fr~ly and volwr
tarily and without ar~y compulsion, constraint, app~eherr"'~` ftar of or from hK said lNnbind.
wrrNess my ha~a ,~d offki+~ .e.~ rhK v-- d,~, ~ June A. a 19 68
~ ~
~ Notary Publit in w+d for the St Florid~ ~t Lu~
~ M ew+vnis.ion .xpires: ;
Ta FILEO AND RECOROEB~
~ ~~+ta^ S7. LUCIE COUNTY. FLI~ S~~ Rorida at Lsr9e
PK«. fi~:CUR~ V~ RlFIFD t~ ~r. 3.1969
P;~.~. F~.~. .16'7851 ~Ma::s` _ ; : 4 ;
,o,
'68 JUN t Aal 10 : 3S ~ , . "
_ ~ : : : „ _
This instrument prepared b~i _ ` ~ ~ - . - .
~ Frst Federal Sav. & Loan Assn. ~ ~ ~ ~ - _
of Fort Pierce ~:o~~.R ~~OITR~S ~ , , „ ; :
~ J: W. Collins CLERK CIRCUIT COURT .
8~ PA~ ~~7V j
~ ~ ck
,h~ _ - _ L - -.=-,_-R-.,_ -_r T: . _ _ .
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