HomeMy WebLinkAbout1149 - . ~ : i::t ~ ~ ' r~~
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To pl~o~ and cwwirwowb 1c~P a+ th~ buildkqs now w Mnaftw ~itwt~ oe ~aW tw+d and on ~n ~qutpnwnt ~nd p~non~lh wvK~d bfr N~ ~or~
p~, wiTh all pnmi~rA tlw~on p+id in ivtl. fin kaw+~?a in th~ wwl sunlrrd policp ian~ ~n a su~n ~pprowd bl? th~ NWRTGJ?<3EE. a~+d windqor~
M~wana M tM u~wl ~~tandan! poGc~? foreh in • wm ~pprov~d b1? th~ MORiGAOEE; M sud~ ~Y o~ oompai3~ aa tM MORTGAOEE a~l
dtnc~t and all fin and wird~wnn kaunna Pd~ a+ +~l? of ~aW buildinp~, M+I~t fMnin ar part ~h~rwf. h tM aOprpN~ P~'
N~~oaa N~»f. ~Mil oonWn tA. ww1 a~nd.rd narq+~ clwa~ a wd~ o~Mr dauN at /M Nb?p+pM ~q? nqu~?~. m~Llp
dK. ~eh and wwY. WI?abN b~ald MORTGAGfE ~s in htKqi enay appW. and Mth and ewrY wd~ po~k~ tMd b~ P?a~nP'~h ~9^~ ~^d ddiv~d t0
aehr Mk by uW MORTGAGEE a~ fwtMr NpKify fo wid enortpp~ d~b~. and~ n011~ Ilrn tN~ t10~1 days in ~dvana of tIN expk~tioe of Nth Policy. to da
Nv~r to wW MORTGAGEE •?aNwal tMnot. to~thK with • ralpt fOr tM pnmiun~ ot wcl~ ?~wwa4 ~nd tMn sh~U b~ no An w wM~da~one Mywa~+q
pl~pd on ~n~? of aid buildwg~, anb W+h+~t MNnin er pxt th~nof. in tM iorm' ~nd with th~ loa p~y~bM ~a ~fons~idt ~nd tn tM waN an1? w~
of nwn~y b~wn~ p~r~bN 6nd~r ard+ poNty a poliei~s wid NWRTGAGEE sMtl !ww the option b?~aiw and yiply tM un» on aoooueM o~ ths M~diW~
na~ Ncw~d hK~b~l a 10 p~imil wW N10RTGAGORS a naiw and uM M a ~ny part tMnof for othe~ pwpo~». without rAKeb~ waivinp ot Mnp~1w
~+~W ~WH1?. IMn or ~ipM w~d~r a by virtw d thi~ mortp~pq .~nd in'tlM ~wra wid MOitTG~AGORS ~hap fa aenl nawn fail to kMp ~ wid pnmiw w
+nw.~d, ot f.n w ddiv« w«~w~N +M? of utd policia d tnw~w a a.td MORtGJ1GEE. « fsu p.a~pth? to w~? ~h «~Y w«~~* ~•t« a M~
er~qe,t faU b pwfani, d~q. ~x~arlq df~e~ ao+eP1~N. oo~np~ll wUl~ and alid~ bp N~is oov~nt. or +nY P~t Iwnol, s~id MORTW?GEE m+y pl+a ~+d
p~y kr wd~ infw~ or any p~ft tinnoi without walvirg a ~fhainY +~ry? optia~ INn. puib. or ripAt wdw or by vi~1w of ~his Map+Qw M~d tM
r„a .~o~~ ~ ..a~ ."a .r.~? w~ .i+.n b. ~.a+.w~? d~. .~a P.,~.w. .~a .i+.a e... ~a+ ~ d.~. ~t+...o+ unW p~W ~t th~ r~N O1
nin. pK anh~a P.. .nwm .na +oaetlw. wMh wd+ atKNf dwU b. ..c~,..a b1? 1h. u«; oi 1N. mo.+p.~. -
1. To pww~k, oon~h ot svffK no w+~. imP~Yn~t or d~tKiontion of s~id prop~tty or a~? p~A tlwnof.
S. To pay ali ~nd tkgular tM•oosh. ~hrpa and ~xpMws, tnclvdinp a naion~bN attorn~y'~ he ~nd oab of absbacts of titl~. incurr~d w p~id at
any thw b~t s+id MORTGAGEE. b~twM ot in 1M twnt of t!w f~ihx~ on th~ pWt of tM said MORTGAGOR to duly. womprN +~d iviy w?to.~n, d~d~~
~zeart~. ~ftW. canPltM. aomp~l? with and abtd~ b~l ~ach and ~very tir stipulatio~, a~resm~ett. oonditi~oes, and aown+nri of s~id promiswry nw~ ~?d thb
^w~tWD~ ay a~itl~. and aid coab. dwp~s and expNws ~ach aed ~very, shdl b~ tnw~diately dw ~nd p~yabMt whetMr a no~ M~n M ~otbi d?
n+and +tNmP~ to eo1Ne1 a wN psn~inps and tM ~vil ue~ou~d of ~ad~ and way sucA p~yn»ni ~INU bw int~.~st from t!M d~t~ tlwwf untU p~W at the
rst~ of nin~ per e~ntum p~r a+~nurqt and all said absti„ dia~es aed exp~as~s lncwnd a p~W, top~tha with wch inNnal. ~MII M Mcw~d br tM Iwn of thi~
naHp+p~.
0~ ilwf W to tM w~nt of an~/ brwch of thh 1Nor1p~ or d~fwh on Nr part of th~ MORTGAGOR, or (b) in tM wM+t any of wid :wm of moryy
hat~in nf~n~d w b~ ~wt promptyr ard fuly paid within tMrty Cd0) d~ys oext after tht same sevaaly becon+~ dw ud p~yaWe. withow dNnand a eotic~:
w(d in tM rNM s~ch and w~ry 1M sKpu~+lioew. +~~wnn. eon~tions and aov~nb nf wid promksory nWe ad tlw mo~rpspe ~ny a ei~Fwr ~n nol
iuN. w~w~h «d ~b w~~R»d~ ~Sdwp~d. •a.wbd. .ff:c+ed aompk~ad. canp~~.d wirh and ab~derJ br, th~n ~ eitM~ «.ny wd+ .wm ~h. .aid ap~
~ng~N wm aw~tiard in said promatay rah thsn r~ininp voP+id with inqnst accrue~„ and all nweeys acw~d Mreby, shdl baaan~ dw and WM
~bb forthwid~. or tMrwfter, at th~ option of taid MORTGAGEE. a fvlly and oompletely ss if all of ~he ssid wma of rtwewy wer~ aipiewlly atipuwfsd
ro b~ paid on wd~ day, anlAhirg in iaid promissory ~at~ w h thb Matpay~ w the contr~ry notwitl+s~aed~np: and thereupon o? the«aha n tM opGon of
wid MORTGAGEE. without ootia w d«n+nd. wi1 at lawr or io puity. tF~~fon a there~6M bepun, miy be prosecuted as ff all moaey~ Mcund Mreb~r
hd emtund piar to ita kwitution. .
7. That G~ N+~ w«+t th~r .t tM b~pin+l~g of or ~t any rim. pa~dirg soy wi1 vpon this Mwtyag., « to foreclose N, w ro rsfwm ir, a to enforot
p~ynwN d~ny daims haeur~, s~id Al10RTGl1GEE shall apply to tiw Cowt h~virg jurisdictio~ thereof fp tht appo~ntment of a Reteiver. suth Co~it ~Mil
forrhwith ~ppoinf ~ nc~iw~ of qid mort~a~d props~ty all and sirgular, &~dvdmp sll ~nd siryulu tl~e inm~?e. profits, iasws +nd reraows fran whafwa~
tourq d~rived, Nch and wKy of which. N btinp exprestly wid~rstood„ is hersby nwrtgaged as if spetifiutly set forth ~d dtictibed h the 9r~e?tinp and
hab~ndan dswes Mrwf, and such Reo~iva sh~ll IMVS a!1 tM bo~d ~nd effective f~nct~ons and powen in ~nywise emnnt~d by ~ Cawt to a Reaivsr. aed
such ~ppointnrnt shall bs mad~ by wch Caxt ~s an admitted equiy ~nd a m~tter of ibSOlVlf ~ght to said MORTGAGEE. ~nd without nfer~nce b tht
~d~qu~cy or Mwd~qvacy of th~ vslu~ of the prbperty mwt~~sd or to ti+~ sohnncy o? insolvency of said MORTGAGOR a tM dsfendsnri, and th~t wch
nnts. profits, inoome, pwes and twanws shsll b~ sppli~d by such Rettiwr ~ctordiny a rh~ lien w aqvity of said MORTGAGEE ~nd ths practioe of sutA
Court.
a. re w«~dr +„a t,dh ~ro.m,. d-~cn.~9.. .x.am, e~r.cr. ~ro~t•. con+P~Y with and abid~ by each a~d wery the stipulations„ ayreertnMS,
co~d'itions and aovsrnnn in aaid promiswry note and this mort9s~e ~ct fonh.
9. Th~t tn th~ tvent the awnenhip d the na~t9+p~d P?en?i~s, w any p~rt therwf, becorn~s vested in a person other tMn th~ MORTCsAGOR. th~
MORTGAGEE, iq wccesson and assiprn, m+y, wi~how notioe to tM MORTGAOR, deal with such woceswr or auocesaor in interest with ieferenc~ to N+is
mortpap~ ~nd th~ d~bt hereby s~cur~d in th~ same mamer u with Morigapor without in ~ny w~y vitiet&+p a dischsryinp the Mort~a9ws' li~bility har?
under or upa? the d~bt her~by sccwd. No aal~ of ths premises hereby mat9aped and no forbearu+oe on ths p~n of the MORiGAGEE o~ its suaessors
w assi~ni ~nd no ~xteen~on of th~ time for the p~yment of the deb~ hsreby secured piwn by tM MORTGAGEE or ib s~coesson or assiym, shill op~rah
ro nltaw. d'ad+arp~, nadify d~u+p~ or affecf tM wginal tiability of the MORTGAGOR hereiA, eitha in wlwl~ or in put.
10. It ts specif'rcaUy apned that tMns is of the esstnce of tha ooetract and tl+at no waiwr of sm/ oblg~tan hKwnder or of the obli~ation sr
a:~ Mnby shall at any tiin~ thueahar b~ held 1o b~ a waiver of fhe terms heroof or of the irutiument s~cwed herby.
11. In add~tion ro the fwego:rg monthh payments of princ'p~l and (nterst ?equired by the promi:tory note secvred hereby, mortq~gor eavenanb
and ~pr~es to pay ro mortp+ya~ with ead~ monthlY payment sn ~dd~tionsl sum estimsted by morty~gee to be eq~~l to 1/12 of the annwl cost of ths follow-
irg:
A-All ?eal property tsxes kvied or assessed apsinst the above described real estate.
b-Premiums on fih ~nd windstorm aiwnnce as herein requ~red to be curied on the imp~ovamems sitwte on the sbove desv~ed pramisa.
C-Premi~xm on s4ch mwt9~ye ywranty imwance ss mortyayee shall kom t~me ro tune deam fit to arry on the Iw~ secwed haeby.
Mortp~ge~ shall from tim~ ro time notify mortgapor in vwitinp of the amo~nt due and payable hereunder and such sum sha0 tl~svpon b~ due and
, payabh on tlw dw daN of the ne:t monMlj? paYment and ~ach wooessivs month therc~fter until mortgspes sh~ll notify mortyagw of s ch~nnp~ in wch
amamt. Sucfi sums ~hall b~ ~pplied by mortyapee toward the payment of real property taxes, inswance prem:vrtu. ~nd mortyaye yuataMy uaurano~
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i IN WRMESS 1NHEREOF, th~ ssid MORTGAGOR has heteu~to set his hand and sesl the day and year first aforasaid. .
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TATE OF fLOR10A ~
St. r~l~IC3e i
couHrr oF
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~o,~. ~uny ,~.,,.d G_ B_ W al t ers ~
A l 1 i e c e W A 1 t e r s hi, urife, tp n,. v,,,,~~ k,awn ,nd k,w~wn b.
th~ Individwk dMCn'b~d in and who ~xswted tM instrwn~m. r+d acknowteilp~d befon ms that tF~ey ex~cuhd tM same for th~ purpos~s
~ ~ Alliece ' alters
vvN. d a» uid B. a t e r s ~.,.p...+. .nd p?ivn.
~ ~xanwnat~on by rne aka~ ~epaate and aput hom hec s~W iwsb+nd. +du+awled~d a~nd befon m~ M~t she unait~d said inqnnnent h~ly and vo{wr
: ruiy and wAhout +ro compub~on, cans~aim, app~l~si~ w f.ar of or i?an wid iwsbard.
~ WQNESS eny iw~d Md official seal thi~ day of t A. D. 19~e=
~ Nwary k in snd for the St~N d flwid~ ~t L~rp~
N?r !97/
RNu.e t«
FkM hdaal irvMp~ i lo~n A»ociafion ~
Of fort Piertt. ~ ti~ ~ u u~~ t} r r ~0~ ~C, ~tit! O~ AOll~i it ~i1~
Fwt Pitru. Florida a:• j~..~~, fAr Cc+~w+issaQ E~pra Adq. 6. ~n
' FILEDy!lIQ4l~Rt~~
lhis instrument r ed b ST. IUCIE COUNTY. FLA.
p~~ r ~ RE COP,D VERIFIED
First Fede:al ~v. a Loan Aun. - , _ : `
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o~ Fort ~rce ~ 1'70131
$~?~~riscoll ~ % '68 SEP 3 IW 1I'
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' RO~ER i'OITRAS
CtERK CIRCUIT COURti
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