HomeMy WebLinkAbout1088 To plap and aontiewo~sly kNp on 1M buildinps now a 1+K~~ftK ~itv+t~ on ~aid land ar+d a+ ~II pvipm~et a~d p~?soe~lly eov~~d by thia nwrp.
~p~, with dl prtn?iwdt thuean paid in fvll. fir~ insur~nc~ ~n tty vswl sruidud policy fo~n~ ~n a s~n+ spprowd by th~ MORTGAGEE, ~ wind~tonn
tn~wa+a 1n tM ww) a~~eda~d poGey fam, in ~ wm apjxovee! by tM MORTGAGEE, in wch eompany or canpaeip as tM MORTGJ?GEE n++y
dinctt ~nd ~II fin u~d w'~ndsann insw~a polic~ on ~ny ot wW build~np~. ~ny inte?at thK~in a put tM.wf, tn tM ~p~h ~wn ~forp~id or
In ~xuas tha~ef. shall muatn tiw wwl ~t~ndud morioa~ elaen~ a iveh ot1»~ elius~ ~s tM Mat9apN n+~Y nqv~n. nwkkq th~ lou undK ssid po1F
cht, Nch and •wry. ar.bl~ a ~aid MORTGAGEE a in int~nst n?~r appq~. ~nd tach and way wth policy sMil b~ promptly au:~n~d ~nd d~UvKed ro ~
any Mld by taid A~WRTGAGEE p tunha warrity ro~id matpsp~ dtbt, antl, not lew tAan Nn (t~ d~yt in ~dvanq of tFN ~xF!ra+ia? ef ~acF~ policy. to dr
liw~ to ~aid MORTGAGEE a r~wal tMnof. top~thK wirh a nceipt fw fM pnmtwn of wd~ r~wall ~nd IMn sMll M no fu~ w windstam inw.a+c~
plapd on ~ny of saW buildinp~. N?~r inhnat N~er~in o~ p~n th~nof. untess in tM fonn'~nd wi~h th~ bss p~y~bl~ at ~fa~saids and tn th~ ~wnt aey ~wn ~
~ of mon~y b~can~s payabl~ und~r tuch polky a policie~ said MORTGAGEE sha?1 h~w th~ option w naiw a~d ~pply tM s~m~ on ~aount o~ tM M~d~bt~
nMS tKU~~d hN~by w W ptimit ~aW MQRTGAGORS ro rKNv~ uid uM it a ~~y parl thereof for othe~ purpotq. wilhout thtt~b/ waivinp a impair• i
tnp ~ny pvity, liw~ or riplu w~du or by viNw of ~his morrq+p.r and tn ~M .wn~ s.~d MORiGAGORS ~h+tl fo. any na,on faFl a k..p rh~ uid pr«nwes w t
inavrsd. or fat) 1o d~liva promptly ~ny of ~aW politia of inwnno~ to s~id MORTWIGEE. ot (~il promptly to p~Y fully ~~y pr~mium tMr~fp or in any !
r~sp~et f~il 1o pKfonn, d'~xhuy~, ~x~cvt~. ~ff~ct, aomplet~, oomply with ~+d abid~ by tfiis cown~e4 w~ny put hK~of, said MORTGAGEE m~y pl~ce and +
paY iw sucA haurancY or aq put tha~of witnout walvinp or ~ffMinp any option, IiM, pu;ty, o~ rght undK w by vi~tw of ~Ns Mwtpsp~. and tM 's
f„II snwuar of .ach •nd .wry wd, payn~ d,.11 b. imm.d~any dw and p.y.b1. and •MU b.a. tn~ua~ han iM dan ~Mnof ~,mil paW a~ ~M ua of ~
niM p~t pntwn p~t ~mum ~nd MyNhK witl~ wtA 1nMrpf sh~U b~ setwrd by fh~ li~n of thit j
1. To pKmit, oomeJ? or wff~r no waN. IneP+krt~tnt w d~tKlordioa of s~id prop~rty a u~y pnt tMr~of, ~
S. To pay a!1 and s~pular th~.cost~, ch~rp~s ~nd ~xp~ns~~, indudinp s n+son~bl~ attanty's fN •~d oosn of ~hacta of title. tecvn~d w p~id at i
any ~im. by sad MORiGAGEE, b.uus~ w in ~h. wMt of ~he failun on ~h~ p~n of tM sa~d MORTGAGOR a duly. prompNy a+~d fully p~r(onn, d~scFwr~
ex~cut~. ~ff~d, oompkn, oomply with and abid~ by ~sik s:~ rvery rl+. :r~xdanon~, aprs.m•ny, coeditiwu„ and oov.nann of ~id promiuory ,wh a~+d d,;s
mat~ye ~ny or ~i~M?. and s~~d coits, chu~ea and ~xp~rws, ~ach and ~wry. sMll b~ immdiately dw and pay~bl~t wMt1+N a not tMn b~ eotid ~ls~
m+nd. .mmpt a eottect w wt~ P.nd~nys a~d ~F. fu11 anww~~ of .ach and .y..y such payn~em sMU bea. tm.r.sr iran ~h. daee ~Mreof unNl piW at the
rare of nirw pe~ csntwn pa anxxnj ~nd sll said odst~„ chupes and ~xp«ws i~cwnd a~ p~id, top~tMt with wch int~rat. sMll bt saurtd by 1M IiM of this
mortp~p~• :
6. That i~ th~ ~wnt of any lxeach of N?is Mwtyapt a d~fault on the p+rt of th~ MORTGAGOR, w tb) in tM ~vent u~y of wid wms of nweky ,
henin nfKr~d to be not promptly a+~d fvlly paAd within tl~irty f30) daYS next ~fter th~ s~n+e averaly becomt dw ~nd payabb, without d~mand w notic~, `
o~ tn the ~wrtt esch ud ~wry th~ sti~wlations ap~~nenn. tonditaro H+d cov~nts of w~d p~omissory note and tha morq~qe any a~ith~r an no1 }
luly. Pron~ry and fi?iN p..form.d, d~u+woed, .x.u,~ed, ~ffected, compl~ted, complied with and abided by, tiwn k~ eithp w iny auc!? ~wnt tM said a~
Qrgat~ swn m~ntiorwd in uid promluory opt~ tMn nmai~inp w~p~;d, wiM interKt acuwd, and all mon~y~ s~cur~d hatbY, ah~ll bscome dw and p~y~ '
sb4 forthwith, or tl+KSaher, at th~ option of uid MORTGAGEE, ~s fully ud compl~tey n it ~il of the said swns of ma~ey weq oripinalty sr~p~lated
ro b~ paid on such daY, anytlwnQ fn taid promissory rwts w In thb Mo?tpaQ~ ro fh~ contr~ry notwi~hstandinp; and tMre~pon or tl~et~aher ~t tM option of
a~id MORTGAGEE, withovt notio~ w dsm~nd, wit ~t la~v w i~ pvify, thersfon ar thereafter bpun, m~y be pros~cvt~d as if all monqs s~cvr~d Iw~by
Md matw~d priOr to i» troiitution. '
7. That Mw went tMt at tM bepinnUg of or at any time pe~np soy wit upon this Mwf~~ or to fereclos~ N. a M nform M. w to ~nfwp }4
p+yrrw+t of ~ny diuns h~reunder. ~aid MORTGAGEE sMll ~pply ro the Cour1 havinp jurisdittion thereo[ fw th~ ~pppntment of a Receiwr, such Coui1 sMll !
fwttiwith ~ppoint a r~criver of said nartqa9«! prop~?ty s0 ~~d sirguiu. inciud~np alt and sin~~lar tM ir.cen». ~rofita, isw~s and revenws fran whatever ~r
wura dKiwd, ~ad~ and ~very of which, it beinp ~xpresaly understood, is I+Keby mwt9sged as if sp~c~ficslly set fatlrsnd describad in tM ~r~ntirg and t
h+b~ndum da~sa hKeof. and such Reuiver ah~Il have atl t}+e broad and effectiw ivnct~ons uid pow~n in anywise entrustsd by ~ Covrt ro a Receiver. and i
•uch appoinrm~rtt shall be r!~±de by wch Cou.t u an admitt~d equi~y and a m+tter of ebsalute rph~ ro s~id MORTGAGEE, ind without r~ferenu ro tl+~ ;
~dpu~cy a Inadeqwcy of th~ v~lve of ~ prbperty matqs~ed or to the sonrency or ;nsolvency oi taid NWRTGAGOR a tM defendanti, and thaf such
reC~~ profits, inowne. issves ~nd r~venuss sMtl b~ spplid by such Receive~ aawdin~ ro tM lien or puity of said MORTGAGFE and the p~actic~ of such ~
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8. To duly. promptty and ful~Y P~rfwm, dischar~~. eaecut~. ~ffect, oornpkte, comply with a~ a~jde_bY~eid~ a~d ~very tM stipulata% ayreemenb.
cond'nioro and ooven~nn in said prwnisaory aote uw! this monp~ set forth.
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4. That in the went the ownenhip of t!w mort9a9ed prem;ses. or u~y put tMreof, becornn' v~ett~d in a penon other thin the MORTGAGOR, th~
MORTGAGEE, its wtceuors snd ~ssi~ns, may, without notice to the MORTGAOR, deal with such wcc~ssw p waeuor in interest with reference ro tha
matpap~ and th~ dtbl herebr secvred in tM sam~ maro~ as with lMortyagor withouf In a~y way vitiatinp o? disti»rpin~ fhe Mortyapors' lisbilily iKrF
unds~ o~ vpon tht debt hcr~by secured. No pl~ of the premises her~by.mwtys9ed ar?d no fabearance on tF~ part of the MORTGAGEE or ib successon
or assigro ~nd na extension of the tims for the paymsnt of tM debt hsreby secured piven by tM AM1ORTGAGEE a ih Wccessors et ast;9rq, shall operat~
ro rs.tasa, d:"uMrpe, modify ch+rge or af(tct th~ orginal liabiiity of the MORiGAGOR hKein, eithe? er~ whols a in puf.
10. ff b spec~fically agreed tlut time h of fhe es~ence of this contrsct and tMt no waive~ of any obligatan I~sreu+~der w of tM obliyation aa-
c..r~d Mreby ~hatl at any tim~ rhereahar be held tv be ~ waive? of ~he terms he.cof or of the inunrme~t s.cured h~rgy, .
11. In ~dd~tion to the fasgo:ng monthly p~yments of princ:p~l and interest requ'ued by the promiiso~y note secured F~reby~ n.enZ~qor ~M~ts
end ~Qress to pay to mortyagee with each monthlY payment an addirional sum cstimated by mortgages to be eqwl to 1/)2 of the annwl twt of the foUow-
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A-AU real property t~xes kvied or assessed against the above described real estate.
B-Premivms on fire snd windstpm insuranu ss herein requ~red to be urried on the improvemFnts sitvate on the sbove deuribed premiap.
~-~rem~wns vfl wch mortg~ge guaranty insv~ance as mongagce shall from t7me to t;me deam fit to u
Mortg+gee shail fiom time to rime notif mort ^Y f~ ~O~^ ~red heieby.
y g+gor in writing of the amount due and psyable hereunder and such wm shall thcre~pon be due and
payabb on th~ due date of tFe oext monthl~ psyment ~nd ~sch succcuive month thc?esfter until mortys~ee sh~U notify mortgagor of a d+~nge in such
amount. 5uch s~ms sha11 be applied by mortyaQee towa~d the payment of real prppeny Uxes, insursrxe prem;ums, and morf~ape 9uazanty ioturance
p.emivms. .
N WITNESS W OF, th~ said MORTGAGOR has herounto xt his hand and se~l the day ~nd yesr first afo?esaid.
iprwd. • I~ anc~d~ in th~ ~s~ncu oh
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STATE OF f~ORIDA ~ ~ ,
~~,,~y ~ St. Lucie ~ ;
l~for. m. p.non.~~y .pp.,..d D~nald J. WillelRS •
.108,fl C• W~11Els ha wife. to me we!! krawn u~d k+wwn to me tv b~
tF» individwb d~scribed io a+d who ~xecuted the fas~oinp hutn~m. ~nd acknowledped b~fon m~ that tMy ~:ecut~d the s~me fw tM purpos~s
?ne~.i~? .~..,,.a. Md rh. w:~ Joan C. wil2ess
w~f. a n~. ..~a Oonald J Wille~s ~
•xNnin~tion by rn~ tak~a upsrat~ and ~par1 from her a~id hvsb~nd. ~dcnowl~dpcd w ard b~fa~ m~ that ~M execvted said kestrumsnt hetfy and wlvo- ~
ruily and withow +~Or eomPuu;w+, constrsint. +PPreMnsion,p h~r of w f?oen Iw wid Iwsband.
WRNESS my Med u+d offieid s~al thi¦ /~j/73[ d+Y of A. D. 1968
Notary P K in and fa th~ St•a of Fbrid~ .t lar~
R~1wn Ta MY ~ an eapins: /p~.
fus+ F.d...t s.,,aq. a Loan A.wN.t~w, • Not~ry Pu~c. St~te of r~
OF Fwt Vkrce. '
Fo.r PK?c., f+o.~d~ ~ily Com~sian, 6
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~~c,~,;r„ ~ r- ~
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This instrument prepared by - .~c : : ~ ; 2
First Federal Sav. b Loan Assn. _ , - • c c ~ ' o ~
' oi fort Pie , - ~ ~ ~ ' e m
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