HomeMy WebLinkAbout2630 ~.~t.
, . j ' ~ ' ~ ~
a. TO pl~a ~nd wMinuou?h kMP an tM buHdinas now a haNft~r ~itwb on Nid land ~nd on dI pvipnN+t +nd P~no^+~hr cov~nd by thb ~tp~
ap~, with ~Q pr~ tl~we Wid in ivll; fin iniuru~c~ in tM usual standard P~k1l fain, in a wm ~pprowd by tM MORTGAGEE. ~nd wir~tonn
knwa~ in tM wwl ~fandud policy fart~, in • w~n ~pprowd b1l tM MORi~31~GEE. In wd~ oomW^Y a oomp~p a th~ lNORTGACrEE n~
dfnet~ ~nd ~U fin a~d wie~dsann kaurano~ polkfa oe +~Y of sald buildA+p~. ~ny InNrK~ fhK~in or put 1Mreof. in tly ppr~yaq w~n afaeiaid w_
M~xaa tlwnol. sMll oont~M tM usval q~nda~d mapap» d~ a sud? otlw daw~ ~a tM Morty+pM m+Y nquin. m+kinp the lau ued~r s~id pdE
ci~s. ~ad~ and w~.y. P+rabM a s+id MORTGAGEE a ib Inarat may aq»w. and ~ad~ ~+d ~w.y iuch polkyr ~h~11 b~ pranp~h us:~~d and d~liwr~d to
ay h~W by wid MORiGAGEE a funha sew~ity ro s+id morp+p~ debt. ~nd. ~w bu thM he l10) days in dvana of th~ ~xpk~tion of Nch po1kY. 1o d?
Itw? to wid MORTGAGEc • nn~wal tMnof. .1qp~tM? witA ~?~aipt for tM pnmium of wch r~new~ir and tMn sh~tl b~ no fu~ a winds~am Maw~oa
plaad an ~+p of aW butWirg~ ~ny lnt~nst iha~in w part th~r~of. w?I~ss fo tM fonn a~d with tM loa paYabl~ a afore~idt ad b th~ ~vN+t aeY swn
of nan~y b~aonw~ paYabM w~ wd~ polk~? w poliel~s ~W MORTGI?f3EE sh+ll haw th~ optioe? w r~uiw u~d sppiy tM wn~ on aeaow?t of tM fnd~bad~
rnss ~cw~d h~t~? w to permit stW N10RTGAC'sORS 1o nalw ad! uN A or any pa~t tMnof fa othe~ purpwes. without thK~b~ w~ivinp w impaia
~+~Y ~h~ liai a ripht urd~ a by virtw of N+i~ mort~+p~~ ~nd in tM ~wnt aid MOftTGAGORS sh~ll fa xyr nason fail to kNp ~M s+id prMnisea so
inwnd. o? fat) q d~liv~r Prompfh? a+Y of s~id polid~a of Mnvrano~ to wW MORTGJIGEE. or fail pranptly to p~y tufh? n?Y Premiwn thaefw a fn ~ny
re~p~a (~U b p~rfwm, ~clwp~. tx~cvt~, ~ff~ct. oomPlN~. oomplY with ~+d ~Wd~ b1? ti+k cow~ant, ar ~ny put lwrsof. ~+W MORiGAGEE n+w P~~ a+d
WY for wch inwtanc~ w a~y p~rf tlw~of without wdvinp a ~fhcfinp anY eWar1. ~i~n. puHl?. a?ipFH under a by virtw of thb Mat9~pe. Mid tM
full amaxN of ~sd? and wtry wd+ p~y~~1 shdl b~ &~Nlp dw and piyabN ~nd ~Mlt Mu intKest fran iM dab tMreof uetil ~pala N t!w r~N of
r?ir~ p~r oM+~wn p~r annu~n and topeiha wirh wch iroa~at ~MII b~ s~curad by tM li~n of tN~ mo~ay~.
4. To p~mit. aommit or wffa no wut~, impairment a d~t~rior~tioo of uid propKty a anp pwt thtnof.
S. To pay all ~nd ~hqular tM costs, chup~s +^d ~xP~^~es. Y~dud~g • nasor+~bb ~ttorn~~ h~ and oosts of ~bstrads of tNi~, G+n~n~d or p~id ~t
any tirt~~ by ~W MORTGAGEE, b~taus~ w in th~ ~wm of tM faiFw~ on 1M P+~ of tM s~id MORTGAGOR b duN. P~~+P~h~ ~^d fu1~1? Pwforn4 disth~t~
sx~wb, eff~d, oanPbb. aanplY with ~nd abid~ by ~ach and w~ry th~ ~tipulations„ sp~~«rwny„ oonditiona. and aowoaots of ~aid promiswry oot~ snd tAtt
mort~ +nY or ~itla~. ~nd said oosts, ch~?ya and ~xp~nw~,. each and wKy. ~MII b~ inre~ediat~lY WY+~: wMther w not then M notia~ d?
mu~d. ~tt~enpt to edbtt w wN p~idinps and tM fuli ~nown of wch and awry wch p~Ym~M sMll bes~ interest ftan tM dab tMnof unKl paW ~t tht
nte of nin~ pK ca+twn pK amun~ and .II s~W oosn. clwpe~ +ed ~xP«+WS +ra???~d or Wid. topNM? with wch intaat, shdl b~ wa+nd bp th~ lien of this
rt?atQp~. _
a n,.~ ca ~.~v of +~a. a~fw~~ MoaTC~?coR. a ro~ ths ~vem aMr of ~aid swrs of money
he?~in nf~rc~d w bs not pranptly sod fully paid withln tlrrtp f~t1) d+ys next sfter th~ sam~ sevs~~ly becomt due ~nd p~yaWe, withow dwn~od a notics.
w(d in tlw w~nt e~ch and w~ry iM stip~k~ions, a~r~em~nta, oonditiom and cown~nb of s~~d promissory note arK! tltis morfy~ any a either an no1
ivly. P~P~~Y +~d fulh? PKform~d. d'ach+~~sd• uc~wt~d. ~ffac~~d. comPlet~d, compli~d with arwl abided by, thM ie eithsr or aoy auch w~M tht said ap~
prey~tt wm mer?tiawd tn s~ld promiswry ~ote then ran~ininp w+Wid. with inter~at sarwd. and all moneys sKwed Mnby. sh~ll b~can~ dw ~nd W11~
abla forthwith, a thereaher, at tM option of said MORTGAGEE, .s tv~y ud oo~k~~y u H all of the said wms of narwy wen wgindly st~pul~ted
to be paid on wd~ dsY. +~Y~hLp in said promasory ~ote or in this Mort~a~e ro th~ contruy norwithstsndinp: and the~eupon or there+hsr N tM oWion of
said MORTGAGEE. witlwot oot~os or d~+d, wit at law w in pvity. N~er~fon a tFweaher bp~rn, m~Y be WosacWed as if all mooeyt ~cur~d Irr~by
1?sd matur~d prio? fo iri institution.
Th~~ in tM we~t th~t st th~ bayinnirg of or d u~y tim~ ~»ndi^p ae1? wit upo~ tha NAortp~pe, or to fw~clo~ h, or to nfonn R, or to anforp
P+Y~M of any claims hsre~mde?. s~id MORTGAGEE shall ~pply ro tM Court hsvirg jwisdidlon tMreof for tM ~ppointmsnt of ~ Reuiwr. wch Caxt shall
forthwHh ~ppant ~ noeiwr of said mortp+9ed property all aed sL+p~lK, i~clud~ sll and sinyula~ tM incant. profits, issws and rewnws from what~wr
wuro~ duiwd, each and wery af which. lt be~np expreuly vnde?stood, is herebY mwtyayed as if spacificslly aet forth and dewib~d in the ~ranttnp and
habeedwn clauses Mreof. and wch Recsirer sh~ll Mw ~II the broad ~r?d effective functions and powe~s in anywise ei+trusted by a Cou?1 ro a Recaiwr. ~nd
such sppointmsnt shall be ma~ by such Cowt u an admitted eqvity and ~ matter of ~bsolute ripht to aid MORTGAGEE, and without ~~ferenu ro th~
adequ~cy or inadeq~acy of the val~s of the property mwty+p~d or to ths sohrency a insolvency of wid MORTGAGOR or the defendants, and that such
renn, profin, incorne, awes and nvenws sh~ll b~ ~pplied by wch Receiwr sccord'ug to tl+~ 1'ien or puity of ~sid MORTGAGEE and th~ prwke of such
CouA.
s. To a~,y. ~~y •~a ~,iw P..fo.~+~. ~+.?~e, executs. .ff~cr. ce~r~, oo~r wirh .~,d a~d. by .Kh u+a .w.y ~h. .~?u~o~s, a~.~a,
conditions and aove~ants in said promissory note ~nd this mortypt set fwth.
9. That in the event ths ownenhip d the mortgaped premises, a sny psrt thereof, becanes vested in a person otha thsn the MORTGAGOR, tir
MORTGAGEE, its wcceuws and +ssipns, maY, without ^etioe to t!N MORTGAOR, deal wi~h svch succesw? w successw in interest wifh ~eferar~e fo this
mwtpape aod the debt hereby ~awred in th~ same mam~r as with Mortpagw without in ~ny way vitiatirg or disch~ryirg the Mortpa9ors' li~bility Ikrr
vnder or upo~ the debt hereby ~eared. No uk of tM premues hereby mortga~ed and i+o forbeaw~oe on th~ part of ths MORTGAGEE a its suocesson
w auipns and no extension of the time fw tFw p~ymeot of the debt he.eby sscwed piven by tM MORTGAGEf w its wco~ssws a sssgea, sh~ll opa+t~
to r~lsase, dixMrp~, modi(y cMrg~ w~ffec~ ths oriyin~l li~bility of the MORTGAGOR he?ein, ~ither io whole w in p+?t.
10. h is spec~fically spreed that time is of ths es~ence of tha ca?tr~cr u+d tMt oo waim of sny obligetan hareundar or of tlw obllyatioo ~e-
cured Mreby shall at a~ Nrn~ tM[eafter be held ro bs ~ wairer of tFe t~mis t~aeof a of th~ instruir~ent sacured herby.
11. In add~tion to the forego:ng monthly p~yments of princ:pal snd i~terest required by the promiswry note secwed hereby, mortgayor coven+nts'
° end aprees to pay to mortgsyee with esch monthly payment an additional wm cstimated by mortga~ee to be equal to 1/12 of the aruwal coat of the fdlow-
. _ . , Ly. . . '
A-All ~esl property taxes levied or assesxd agsinst the above described resl estate.
B-Premiums on fire and wiodstorm im~xance as hercin requ~red to be carried on tM improvemenb situate on the abov~-dewibed premises.
C-Premivrta on suth mortgage gwranty i~nwante as mortgagee shall from time ro tinx cleem fit ro prry on the ban setured hereby-
Mwtg~gee shall from time to Yune notify m«tgagor in writirg of the arnount due and psysble hereunder u~d wd~ wm sha~l therevpon b~ due ~nd
paysble on the due date of the next monthly payment and esch successive month theresher until mortyspee shsll ~otify mortgsgor of a charge in svch
j amount. S~d~ sums shall be applied by mortyspee towud the payment of rea) property tsx~s, inwrance premiwns, and mort9~pe 9wranty irourar~~~
! premiwrn.
~ IN WITNESS WHfREOF, the s+id MORTGAGOR has hereunto s~t his hand snd xd the day and yeK fust afores+id.
bd and deliv~ued in th~ presNia of:
~ ~ t
~ 4
U
STATE OF FIORIDA ~ '
- sr, wciE ~ ~ ' ~
courm oF .
~ ~ ~~~~.~..~.a G~o~rgs A. Sh~rsin
Violet Shesrin h~ w~{., w.~~ .,,a kr~own w m. w b.
the k~d'ividwb desuibad in and who uucut~d tM foriaoim ~istn~v»+~t~s~lnackraw{edp~d before rn~ th~t thty exewted the wns Eor ti+~ pvrposes
t~~ ~ ~ \ItOili 5R j
t
wif~ of N» said ~r~ • Zl ' vpp~ • s~p~r~t~ and privat~ ~
examin~tion bp rn~ t~ken sep~rats and apnt from F~ said Fwsband, scknowbdDed to ~nd befoh me that shs execvt~d s~id t+utrument 6aely and volwr
tarily and withwrl any compulsio+~, aon~tr~iM, qt fur of or from twr a~id Iwtb~nd.
WITNE55 my hand and official swl ~P~,~~~ d,~, of Octobfr ~ u. 19 f~s '
~R~ ~w' ~~~/i _ ~
n=
p AND R~~ LA. r,~.ry ~w~ r~ «,a s~.i. a!uv!~•-,
~ CF~
~ C1E ~~UNTY
D My ~°m"d"°" '~`~s'. ~ 2^`~i~..
RlfWf1 TO: . ~7T. . 4~ i
i
Rnr r~ed..si sa~ a c.o,n ~s.oda~~ ~F~~~~/~~~~~ Mr COMMiu~` iTl1.~`~1F f1~W/~~1
Of Fort Pierce. ~ f SSION EXP RES QEC1 . ~
~owoca iw~oua~ ~wib~~a{~rls~bM~ c•
P~.~. F~.~. Z Pl~ 3 • OZ . _ ~~.•b - ~
, R
. +68 OCT : ~ : ~
~~f~^~ • . /~~s~~ • Y•-~~• .
This Instrument Prepared By . pGEF~ ~0 ~ovaT~
First Federal Savings E~ loan Associ~ti~K C~RCUIT ~
- of Pierce
r
Chedced
- .
- AI~~'~ . ~ ,
~ : . . ~ ,n
,f,.
~...x'~::-T_i+':
" _.va~:'s?-,. _ . . . . ~ . " ' ~'~'`r~.''. .