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HomeMy WebLinkAbout0897 ~ 3 f 1 To plaa ~nd canHiwiously kNp on tM buiidinp~ o. ti..«r~.. an,.a o~ ,.a ~.~a „~d ,u .a~~~ «,d ~,a+~iy oow..d b,? ~ ap~,, with all pr~miwr4 tMr~on p~id in fuil. fir~ G?su~~ou io ttw u~wl staodard polky fonn. ~n • tun? ~pprowd by tM MORiGAGEE, u+d' wkwb~orm ~n~ww~ in Nw uawl aar~da.d policy fam. M• sum ~pprov~d by ~M MORT<3AAGEE. tn wch companY a companty a tlw MORTGAiiEE n~r dinctt ~nd ~If ft~~ and wind~rorm &aurana pot~cla on ~ny ot Nid bviW~nps„ ~ny int~st tlwnin or put tM~wf. in tM a~q~ep~t~ wrn afaatld a In ~xa~s IhKwf, ~h+ll coroatn tM usval a~ar+dard mortpyN dav~ a wch o?M~ cl~us~ a tM MortppN may nquin. ~kin0 1M bu vedK s~id pdF ciM. Nch ~?d .wry. parabb a a~W AAORi(iAGEE b in lnrKtat mar apppr. ~nd ~ad~ ~nd wNr wd~ polity •ha11 bt promptly ~u~rad and d~liv~nd ~o •ny h.id by utd MORTGAGEE a fwthK pcwity ro s+W mortpap. d~bt. +ed. not I~s~ tMn ~~n t1~ day~ in ~dvana of ~M ~xpk~tion of ~ad~ policy, ro d~ IivK ro aW MORTGAGEE a ~~newal tMrwf. ~op~thK wkh ~ npipl ior tM phmiwn of wch r~wali and th~n ah~ll b~ no fira w wi~~an+ Inwraea pl~ad an any of uW bufldinpi. ~e?y inqr~q M~nin a pan tMnof, uel~ in tM form' ~ad with ~M Iw~ payabl~ +s ~faaaid~ aed in tM ewnt any w~n of moewy b~eaews p~yabl~ urid~r wd~ polky a poliebs s~id MORTGAGEE sMll h~w fM option fo no~Iw u+d ~pplr tht ~am~ on aeaouM oT tM ind~bt~d~ Mu acw~d h~r~by w w p~imit wid MOitTGAGORS ro nariw and u,~ h a ar?y put tMrwf for orher pwpotea, wi~hout tha.eb,r waivinp o~ impair- ~^D +~Y ~W+~b. ~iM~ or ripht w~d~~ ot by virtw of this mort~py and in tlN ~vMt Nid MORTGAGORS shall fa uh/ naw~ f~ii to k~ep tM s~id pr~miu~ w insvrod, or fai) to d~livK proenptly any of s~id poliei~a of imursna ro s~td MORTGAGEE, a fail proTptly to paY fvlly any pemivn? tMnfor a In vqr ~~p~et fail b P+~lac+r4 dfscAarp~. ~~cvt~ ~fhc1, eompl~b, comp~y with snd ~bid~ by chis eown+et, a~ny put hK~of, s~id MORTGAGEE may pl~ u+d paY a~ny put tMnof without watvinp w~ff~etbp ~ny optioeb (i~n, puity. a ripht und~r a by virtw of thi~ Mort9ap~ u+d tl~s full ~eriount of ~aeh and wKy sueh paynwnf ~Iwlt b~ imre»dFat~ly dw ~nd pysbl~ and sh~ll bw int~rat from th~ d~» tl+Kwf w?til paid N th~ r~t~ ol nir» p~r centum p~r ~ruwm ~nd tup~tl+a with wch interqt ~h~ll b~ secvnd by th~ It~n of tha mort~~p~. 1. To p~nmit, oommM a wffer no wut~. impairment a d~tarioation of uid propKty ot any pa?1 tMnof. 5. To pay a!1 aod sinpvlar th~.cat~, charp~s ~rd ~xpeoses, inclvdinp a reason~bb anonNy's f~s ~nd aan of ~Mn~cts of titl+, incvn~d or p~id at •ny tims by said MORTGAGEE. bsuvs~ or in th~ ewnt of ths fail~ on th~ p~n of rM said MORTGAGOR w duly, promptly ~nd futy p~?fwm, d~scharqR execvt~, ~fhct, oompl~b, aompiy with and ~bid~ by ~ach and every tM stipulat~ons. ~pnem~nts„ caditiora, and aown~nK of said p?anisso~y note u~d tA4 ' mortyape any w ~itMr. and said ooib. ch+?ON and ~xpe+Mes, exh urd ~wry, sh+ll b~ imrmd'utely dw and psyabiy ~wl~etMr o? not tlwn b~ norki dr ~ mand, u»mpt to collect or wH p~nd~rg: ~r~d tM ivll ~rnount of ~ach u?d wKy wch p~ym~nt shall b~a• int~na~ frpn ~M d~t~ tMrwf u~til p~id at the ` rare of nin~ per antvm p~r ~M?um; and all said obsts, cMry~s ~nd exp~nsea indxnd or p~id, ropNh~r with wch intaat. ~Mil b~ a~cured by tM IiK+ of tha ; 6. iMf in tM ~vent of amr bre~ch of this Mortpp~ ot def~vit on Mr part of tM MORTGAGOR, or (b) in th~ ~wnt ~~y of uid swm of enon~r hKtin r~f~r~~d ro b~ not ptomptly and fully p~ld within thirty (30) d~ys next after tM wne wveratly b~corrw dw ~nd payabt~. without d~mand or notic~. or (d ~n t!N w~r~t each a~d ~very tlw stipulations. +Or+~+n~MS. cond;tions and oov~n~n» of a~d promissory noN and thu mor~pape aoy a ~it1+K u~ ew iuly. ~,rrw~,ty a~d fi,iy ~o.m.d, dwd~u9ed, •x~a,r.d, .ff~•d, completed. complied with ar?d abided by, tlwn eithe~ or sny such ~wnt tM s+~id ~g pray,~M wm rnMtansd in said promiuory oob Ihen nmaininp unp~it~ with intertsf ~tcrued, and all mon~yr tatv?ed h~t~bY. st»II b~tom~ dw and p~p ! •bl~ fortbwi~hi, or th~reaha, at tM option of said MORTGAGEE, u fully u+d compl~tely u li ~II of tl,e s~id wms of rtan~y vr~h oripimlly stipulated to be paid oo svch day, snylhinp in said promissory note or in this Mwtgspe M the contruy notwithsUndinp: and tMrwpon a thKeaftir ~t ~ha op~ion of •sid MORTGAGfE. without ooric~ a demand, wit at laar a In eq~ily, th~r~fon or theraha bsywy may b~ pros~cuts3 +s if all enw+~r uew~d h~r~by had marwed p.io. w in tnsriwran. 7. That in th~ went tMt ~t the bayinnGg of or at aeryr time pendirg ~oy suit upon this Morty~pe, a to fasclos~ h, w to nform H, w to ~niwo~ paym~nt of any dsims hereurd~, said MORTGAGEf sha!! apply to the Cou» hav;ny jurisdiction thcreo/ fa the ~ppantment of • R~ce7ver, wch Cwrit sh~ll FortFiwith appoint • nceiw? of said mortpap~d prope~ty sll and iirgular. Gxlud~oy all a~d si~+g~lu th~ inc~. profin, iuws and nwnws frpe whatevK wwa dKived. ~sch and every of which, it beinp expressly w~d~ri~ood, a hereby mw/yaged as if spsci(icalFy set fonh and deaaibed In tht prant' snd habsr+d~xn clawes Mreof, u~d such ReuivK shsll h~ve aU tM brosd and effectiw funct~an u+d powers i~ anywisr entnqted by a Coun to a R~c~~n~i, and •uch +ppotntment shall be rt?~d~ by wch Cowt u+n ~dmitted pvity and a rn~tte? of ~bsolvte right to wid MORTGAGEE, and without nter~nce ro tl» adequ~cy or inadaqwcy of th~ valw of the prape~ty mwtpaQed w to th~ solrency w iMOlvency oI s~id MORiGAGOR or tM defeodann, and Ih~t such renn, profits, lncoms, issue~ and revenws sh~ll b~•applied by such Rsssirac accwdinp ro the lien orpuiry of said MORTGAGEE ~nd tM pwdia of such Cowf. - - - - . 8. To duy. p.o~+Pry .~d w~y ~ronn, disch..~., execut~. ~ffect, corr~lete. comply with and abid~ by ach and every t~ sti lafio% canditipia and oov~nants in asid promasory not~ and this mort9sge set fath. ~ 9. That in tM evem the awnenhip of th~ mo~tgs~ed premhes, w ~ny part theroof, becornes wsted in • perwn othe? th~n th~ MORTGAGOIt, th~ MORTGACsEE, in successws and usi~% may, without notice to the MORTGAOR, deal with svch wcce~aw a wcceuw in intereat with refe+ee?cr to this mat~~ and the ilebt Mrebp s~cured in the tamt marwxr u with Mort9agw without in ~?y w~y vitiatinp or disdNrpinp the Mwt9agots' liability Irn- under or upon tha debt hereby secured. No s~le of the p?emises hereby mort9~ped and no fwbewnce on tM part o/ Il+e MORTGAGEE or ib tvecesson or euigns and no sxteruFon of the tFme fa the p~yment of the debt hereby secured yive~ by the MORTGAGEE a its s4cceswn or ~u;9rq, sha~~ opar~~~ ~o nlew, dixhu~e, modify cMrp~ or aHect the ai9inal li~b~l~ty of tM MORTGAGOR hereie, ~ither in whok or tn psrt. 10. It Is specificatly agreed th~t time is of the essence of this contract ~nd that no wirver of a~yr obligat~on hereunder or of tl+~ obli~~tion se- curod Mreby s!?~II at ~nr time therNher bs heW to be a waiver of N~e tN?ro herwf or of th~ imtnrmem ~ed herby 1~.~. 9Q~_^! ~ ~f~ r. .NI ~ 1 } MW~Giii~ *~T~~tNV MI RJ I~~ ~tQ~1Y MWI}ll~I~ and ayraes to p ~ ee w~th e~ch monthly payment sn idd~tan~l sum mtimated by mortgagee to be equal to 1/1~ of the anrwal f.~he-fbllow- ing: _ A-Alt resl property faxes kvied or assessed aga~ dexribed real est+te. B-Premiwns on fire and windstorm inwrance as herein requ:retJ to imwovements irtwte on the above dewibed premue~. C-Premiums on s4ch mort9sge 9uaranty insws ~s.w~ortqs'gee shsll from time to time ' carry on the losn secured hereby. Mortgsgee shall from iun_e ~t L'me-~np ~ mortga~or i~ writirg of tf~e smovnt due and p~y~bk l~erewxkr I! ther payabls on the y~daf~ next monthly payrrKnt and each succeuive month tFxre+her until a~ a . ^~wt9agee sksll nofifY ~t9a9a in such prcmi~xm. • • insururce IN WITNES~ WHER the said N10RTGAGOR hu herevnto sN his hand and seal the day and yeu fint sforesaid. wred in~Nu pr of: Q - ~ ~ 4 . ~ n , ' STATE OF FLORIDA 1 ~ St. Lucie ~ ~ ~ James R. MoCorkle - °t~ari ~''1~or ~ ! his M,ir~, to m. weu known .na wawn w me w b. ; the ind'rvidwb described tn and who sxecuted th~ foreQoinp instrwne~t ~nd ecknowled9ed before me that thsy sxecvted the same !w ths pir~pases ` rn~.a„ ~~..s,.d. ~?„d d,. s.~ Mari Beth MeCorkle w;re ot ,t,~ „w James R. MaCorkle ~ +~po~ a s~pa~aa a~d privw _ - ex~min~Yan by ms taken sepsrat~ and apart from her seid husband. ~dcrqvvledped to and bef~r~ ~ t~ i~ e~~ted said irittrument freely and volw~ tarily and withovt ~rnr comp~Ision, constraint, spprcheruion, or fsu of w from h~r said lwsband. WiTNESS my hand ~nd officiat ~ea! t' llth ~ June ' 6g A. D. 19 ~ Nobry ublit kn and fw tM~y t~ F N Lu~ My Commission expires: 11-~ ~ Return T~ Flrs! F~k~d Savinys 3 lou~ Associatbn . . Of Fwt P~erce. MOTARr PUBU Fwt P~erce, Plw~da Mr CO~n,~rSSION ExPERFS NoVtoA AT tpB~E FILEO AND RECORDEO F~, Z6, a9» ST. LUCIE COUNTY, FLa. " w°~E~T« r1~7s~cr1 ; { ~ ~ :1~;• . , This instrument prepared by : Frst Federal Sav. & loan Assn. '68 ,1 I 2 AM Q' y 4 - of Fort , _ ~ ~ _ - ~ 6 :J ~-O~TRt,$ ~ ~'r•,- - ~ CLERKvCIRCUtT COURT ~ • _ . 0 R ~ ~ ~.T _ ~ ~ ~ 8~x 172 ~a~~ 895 ~k - - . ~ _ - - - . . . z.. ~ - ~:r ~ -