HomeMy WebLinkAbout2281 : i . • ~ ~1~~
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Te Pl+o~ and ~oontinuowly kNp an N~ buiMinp~ naw a Mrwftw ~ilwh on s~W In+d and on ~II puipnwnf ~nd p~on~ity oov~nd by thi~ morq'
q~, wHh aN p?~n~ tMrwn pad in fu16 fi.~ Maw~na in r!N wwt uandard Policl? knN, in a wm ~owd by tM MARTGAGEE. and whwi~rorm
imwana in tl~ wwl a~nd~d policy farq In a iw~ ~owd by ~M JMORiti~AGEE, In wd~ company a oo.npaniK a ~M MORTGACEE ~y
~b ~d ap M and windWOrm Mau?ana~ PdiciN on ~I ot aid buiW~^p~. rh? Mu~st tMrein a pa?1 tlwr~of. in Ih~ s~prpaN ~wn ~for~aid a
b•~oaa ~Mnoi. ~lyll oontain th. usv,! aandard mapap~ dw~. a wch aFwr ci.uM a~ IM Mon9+pN n»Y nquin,, ~?ikinp N» Iw~ wwla ~aid pou~
d«, ~ath ~+~d P+raW~ b tald MORTGAt3EE as ib inNhat +n~Y iPl+~~. and Nch and wMy tuth polky ~11 M p~anKN1Y ~~pMd M~d d~tivend W
+mr Mld by uid MORtGI?GEE a funM. ua~itr ro taW morqp~ dabt. +~d. not I~ss tMn (iW dap in ~dvw?a of Ny eaplwtion of wch Polkt?. to dr~
IMi w wid MORtGAQEE a r~wal tlwwt. top~ti~ wtth a naipt tor th~ pr~enkm+ of wch r~wal~ and tlw~ ~MII b~ no fin w winds~a,w Mrwana
plaad on any of s+W buildi~gs, aeqr int~na tMr«~ a p~n tl~~of. unhss in tM ionn ~nd with tM Ioss pay~bi~ as ~fores~idr +~d in ~M ~wm a~ry? w~n
of ~oewY b~ooims p~yabM wwlM wd~ polky a policNa wW MORTGAGEE sFyt) Jrw Mr opt~on ro naeiw and apply tM sanr on acaounr of tM ~nd~Wd~ .
nMS Ncund Mr~by a b p~rnd/ s~W 1MO~iGJ1GORS b no~iv~ and uw M a any pnt MNrwi fa otha purposN„ withoW tl?Neb~ waivinp a imp~in
Mp ~~1? pu~b. Wn a ripia ~x~ a by virtu~ of ~his mor~ap~j ~nd fe tM ~wm uid M4RTGl?GORS sMH fa any ~s~on fail to kNp tl» ~aid prm(~ w
hrw~d. Or fa(1 b'ddivw prompfl~l ~ny of wW poHtiss of kuwanq b wW MORTGJI(~EEE, a f~il P?a^P~h ~ WY fi+~~Y ~Y P~^+~um thkefor w in ~np
?~ap~et faN q P~forn~, fiaeharpt. ~x~arM, ~ff~et, oonipNl~, eompiy wilh and +bNM b~? tMs oovM?ae?t. a+eY P+n h~not. said MARTCsAGEE m~y pl~a and
WY (a wcl~ inwrano~ a+np Part Niw+w~ withouf wNvk~ a? +ffictinjt ~n1? op~ia?. ti~n, p~ih. o? ripAt vnd~r ar by vinw of thb Matpap~r, and ~I~
fvll ~enount of ~ and ~y wd~ p~ynMnt ~hall b~ Mnn~t~y? dw anii payabN ~nd ~hsfl bw inNtat ftan th~ dib th~nof until paid at tM rst~ d
nin~ P~r aotwn pw anwm wd My~thai wiM wch k~taat alw{I b~ saw~d by !M ti~n of 1M~ mapp~.
1. To p~rMy aoaunil or wfhr ea wath, impiirmtnt or d~a~iorstion of said propKfy or ~np p~t tM?~of.
s. To p~ «,a .inp~d.. th. eos». dw~.. .nd •:wrn.~, +nvudi~p • r«son+b+. .n«rrr S f« «+d aosrs of ,bm+en oi ~itl~ M~cw..a a p.id a
any tirM by iafd MORiGJ1GE£, b~uw~ or in th~ wMM of tM failua on th~ part of tM said MORtGAGOR W duly. prompth and fvilp p~rtonn, di~d»r~
ex~cub. ~ft~d. ea~+P1~M. oomply with and abid~ b~r ~ad+ ar~d ~wry th~ stipul~tioeq pre~n»^t~, oa?ditia+~. and eow~+nb of wid promisfoey noM and thb
~^o?r9+pe +nY o? ~itMr. ~nd said aosa. clwy~s and ~ach and ~wry, sh~il b~ imnad'iat~ly dw and p~yabl~s wMtha w nw tMn b~ notia d~
msnd. atNmpt to aolNcl a wk pMd'ug= +nel ~M full ~nouM of tach and wa~y wd~ paym~M d+~ii bear inter~st fran tM d~t~ M~rwf wHp p~id af th~
rate of n4n per erntum pu Mwwntt a~+d ~N s~W aost~„ dwr~s and ~xp~nsss inournd ot pNd. bgNAa with urcl~ 1ntM~s4 aha!! b~ utw~d by t!r IMn of thla
6. ih~t (+J In tM went of any bnach of Mis Morp~ w d~fwlt on tlr paet of tM MORTW?GOR. or (e) in tM ww+t ~ny of uid sumt d n~on~y
her~? ~sf~n~d ~o M no1 promptly and fvlh Wid wi~h4+ ~hirtY (30) d~ys n~at affa tM wn~ sewr~tly beca+a dw ud piyablp without d~nd w no11a.
o? in ths ~vwn ~ad~ ~e?d ~wry ths stipulatiar. ~9nae~ma. aa+elitioen a+d oowrNnH ol sa+d promisswy not~ snd ttws enapapR any a~itlrr an nol
~?h• P~P~r +~d ~H w~~d. d'ad~+r~d. ~c.ew.d. •fi.ehd, aompl~t~d. e«~li.d wirh and ab+d.d dy, th.n in •~th.r «.ny weh ~wnt eh. a~d a~
9rpah wm me~tioMd in ssid prnmasory ooa thsn nee~&~L~p unWid, with tntersif aocrusd, and ~il ma+eys s~cwed Mr~by. ~hatl b~can~ dw and WY~
abb fwthwitFi, or thKeai~a, at th~ option of said MORTGAGEE, as fulh ~rd c~ompbky as ff~11 of ths said wms of ew~+ey v,r~n a;ginally st~p~Uted
to be pa~d on wd+ d~y. inYfhi~f~ (n ssid prOmiuOry nOtf Or in fhif MOrf~~p! t0 /M OOnMUy nOlwifMfindirp: and thNarpon a th~re~ftu a~ Nv op~ion of
s.id MORTGAGER, wi~lwut ~wtia o~ d~mind, wit at law a in puity, therdon or tharesher b~vr~. may be prosscvted as if all mo~ys s~ax~d lwnby
had maturtd piw fo its ie~stitutia+.
7. iMt in the wem that .t H+e b.ginninp of or ~r aml ti~ P~~ +~Y ~ ~Pp+ ~s Ntortwye, a a foraclas. h. or a r.fonn h, or a~nforo.
psy~ntM of a?~y dabns iwaund~r, sakl MORTGAGEE shall apply to tM Coun FW'virg iwisdiction thcreof fw the appointment of ~ Recelw~. sud~ Court ah~il
Fo.thwith sppoiM a nuiwr of said erwrtpap~d prop~rty all and sinpular, incivd~np ~U ~nd sinpul~r tM inmm~, proiiM, issws and nvenws from wh~twer
sowoe dKivad, each snd twry of which, it b~ag ~xPnsslY ue~?swod. b hsiaby nwr?Qayed u if sp+ufic~tly set fonh and dewibed in tM pr~m ~nd
h+b~r~xn d+vs~+ Mreoi. ~nd wch Receiv~r sMll h~w all tM bro+d and effecti~re f~x~ctions and pewtr~ in anywise ~ntrusesd by a Cou~t to a'~tsaiw~u, ~nd
sud~ appointment sha11 be mads by wd~ Cowt a an admitsed equiry and a m+ttar of absdut~ riyht w said IYWRTGAGEf, ~nd without nfsrsno~ to th~
~acy a in~dequ~cy of th~ ratw of the prop~rty nwrf~~d ar to the solvancy a;nsolvc~cy of s~id MORTGAGOR w th~ defendann. and that wd~
?ads. ptofits. inoome, iuues and rtve~ws shrp b~ ~ppli~d by suth Receiver ~coordinp ro th~ lia~ or ~quiry of said MiORTGAGEE and th~ psctios of suth
Court.
a. To dvly, pomptly and fvUY P~+~. ex~cvt~ ~ff~ct, comPkte, comply wirh and sbid~ by o~ch and ewry th~ stipvlations. +Dreem~nta.
con~itbro and ooveMnn in aid promiaory noh and ths mort9sp~ set iwth.
9. That in th~ sve~t the o~wnenhip art tlra morty+pad Pn~na~s, or ~nY Part tMreof, becomes vsahd in a p~rson otMr than the lVIWRTGIIGOR. th~
MORTGAGEE. Ua successas and assKpu, rr~y, wFthovt notie~ to th~ MO!lTGAOR, d~sl wilh such waeswr a svccessor in int~a~st with r~ferMCe to tha
mwtQp~ and tM debt hereby seaxed in tRt sams m+rr~et as with Mwt~sgor witlw~t.in a~y wsy vitiatkg a disciwryag tht Morf~apors' li~bility i~?
unda~ c? ~Pon the d~bt ~+ereby uwred. No sale of tM premises bereby mo~tysyed and no fo~be~renae on ~h~ part of rM MORTGAGEf a iri suconson
o. asiyna and no exteraio~ of the tim~ for tM payment of the debt hereby secured yiveo by ths MORTGAGEE or ib ~ucoesson or auigrp, sh~ll op~rat~
ro d'ach~rp~, rtadfy cMnpe a affact tF» oripin~l li~biliry of tM MORTGAGOR hsr~in, ritha in wFwl~ w b put. .
10. It a specificslly pre~d tMt tirM is of the ~a of this contrsd snd tMt no w~iver of u~y obtipation hsr~under or of th~ oblyaation s~.
arr~d Fw~by ihall sf any ttme NKrsah~r b~ hdd !o be ~ w~ivK oi tM terms Mtwf w of fl» iratrurn~nl setwed h~rby.
11. In additio~ to the fwa9o:~ ~t~tr wr~n of P.~M:w~ .~d intefese rcquired by the promiuory rote secwed herebY. mor!ysyor oovenanb
and aprees to p~y to mortys~ee with ead~ monthly payrne~t an sdd;tia?al sum estimated by mort9agee to be equa~ to 1~12 of tfie annual cost of the fdlow-
ing:
A-All ral property tuus Ievied or assessed~aysinst the abov~ desaibed resl estate. ' ~ -
B-Premivms on firo snd windstorm irqwance as herein reqv;red tu be urried on the improvemenp situat~ on tfie above described pr~mises,
C-Praniums on wch mortysge 9~+++anh insuruw ss mwtp~pae sh~ll from tirne ro tuns deam.fit tn carry on th~ loan sew~ed Iwreby
MortQaspe shstt from time to time notify mortgpor in vvr;twg of the amovnt dv~ and paysbk hereunder snd such wm shsll thereupon be dus ~nd
paY+ble on the dus date of the next monthlY parment and e~ch suocessiw month tF~eiher until mortgspae sl?~II notify mort9apor ef + charge in wch
amow~t. 5~xh sums shall be spplied by ,nwtyasee 1oM,ud the payment of nal property tsxes, inswance prem;vms, ~nd morepay~ ywrM~y i~~
prerniunq. .
IN WITNESS WHEREOF, the said MORTGAGOR Ms heramto at his hand u~d sea) iM d~y ~nd year firs f
ii d and r~d In th~ pns~na o~
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STATE Of FtORIQA ,
St. Lucie ~ u '
~cou~nr of
e.fon e,. pnon,~ly ,pp~,r,.d _Franklin A. Harris ~
Valerie V. Harris ~ ,,,,;f~~ ~ ~ ~ ~ ~ ~
rM tn~ividu~b d~wib~d in and who ~x~cvt~d rM (or~parg ir~awrwm. and admowkd~d b~fon ~ tlwt tiwy ex~arUd th~ w~w ~fa tiw purpoaa
~r.i, .~p,.,,.d. A„d ,h, ••~d Valerie V. Harris
rvth oi N+~ aatd P'Zdtfkl3.tl A• HaY']Cf s i~pon a s~pww and p~Fva» -
~xamin~Pan by rn~ tak~n separ~N ad af»rt frae hp sald Mqb~nd. ~dcrwwl~dp~d b~nd b~foh nN t!w sh~ uaeutod s~id instru~nse~t katp and votw~
ruil~? ~nd wiliwi~ ~ny oompuhion, coosh~int, ip~pnlNeaion~ ha? of or fraen Mr taid lwsbrd.
w~r,~ss ~r ~,d «,a ~ ~ 7 d.~, ~ se tenb o. ~v 68 '
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• tia,ry In «,d fw th.~+
a of Ro.~da a t~tp.
RMurn Ta . • - 1
MY ~ ~"pi"" 4~6t~?_ / P 7!
~ r•.d...+ s.Yrq. a ~ i?..~.~, ~ -
ot F«+ ~LS:N"~`,,,,,, lio~r~? tti6fcc, SUh of fiaid~ d tarq`~
. For• P»ro.. Fb.~d. M~ co.~,o~.-~,s ~q. 6.19n
. ' J~:' ` c~ w
~ . ~1E0 -i~O~C~R0E0' .
= ~ c ~ j • = 5T. LUCIE COUNTY. FLA.
This Inshument Propared 8y r= RECORD V~RIFIED
First Fedtral Savin~ b loan /lssacietan . r=, a~.~ l~OVl
' Pieas . ~ ~ • ~ Q .
~~r,~;; :...T 'fi8 Sf P 30 ItMM 1 i: I 3
cr,«~ed ~ s . .
• `'~p.i~u.., .
' ROG~R ~OITRA$
~ CLERK CiRCUiT CO~lRT
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