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HomeMy WebLinkAbout2723 _ _ y ! ` [ ~ ~ / ~ ~ ~ w ` ~ ~ ' 4' ~ , ~ To pba u~d contkwowly k«p on tM buUdMq~ now vr MrNfNr ~ih?~N on uId land and on all squtpnNM a+d pataully cowr~d b1? tNs maq' pw wNh ~il tl~~on pud In full; fih inwana in t1~ uswl ~ta~d pollcY form. in a wr~ ~xovMi by tM MORTWIGEE. and wird~torm kaw~na M wwl qandad policy fain, in ~ swn ~pprowd by tM 1NORTGAGEE. In wch oa*P+nY a oomp+nia u tl» MORTGAf3EE nuy d~cq ~nd ~1) fin «+d winbtorm inw~ana pdkin an aM? of said buikti~pb aW MNnN tF~~in o~ put tM~wi, in Nr ~pprpah w~n ~faaaW w In ~xaa ~Mnof. sMil oont~tn th~ uswl q~d narq+pN dauw a wd~ othw daw~ w~M MortpapN nay nqu~n~. m+kinp tFN loss w+dM ~aid pot} dw wch and .wry. Pwabw a saW MORTGAGEE a ia im~.~u ~a~ app.M. .nd .ach ~nd waY sud+ Pd~? ~ha11 M P~anp~N +W:yn.d a+d d•Iiv.nd ro ~nr h~id by ~id MORTGJIGEE a fwtha acwhy to Nid map+p~ d~W. aad. nol IKf Iha? t~n (~0) d~yt in ~dvanu of th~ ~xpiration of Nch po1ic11. to de liw~ eo uid AIWRTGAGEE • ~~wal tMrwf, top~?h~r wlth a naiPt for tM pnmiwn of wd+ r~?ewali and thu~ i1w11 be ~o fu~ w wind~torm kaw~nu pl~ad on ~+~r of wid buildinps,, «iy interat tlNnln a pKt tlw.wf. unlea tn tM /orm and wHh tM loss pay+W~ a ~fw~s~id~ uid in tM ~wn~ s~r win of inoMy b~comM p+r~bb w~ wd~ polky a polkMs ~aW MQRTGJ?(3EE sh+ll Mw tM option fo naiw u+d ~pply the s+m~ on acoount of th~ i~d~btd~ n~q s~prt~d h~teby a b p~rmH ~M MORTGAGORS b rcaiw and uN R a~ny Part thtrkf fa other putposes, without theraby waiving ot imp+ir• ~D +~l? puih?. li~n or ripht ex~d~r or b~r vktw of tl~ mortpap:~ ~nd in tM ~wnt wid MORTCsAGORS ~11 fa ~ny n~son i~il 10 lusp th~ wid pnmisa so Waw~d. o~ fail b ~Mliva P~~h? +nY of said polici~s of inwrs~+a 1o saW MORTGAGEE. a f~il promptir ro p~Y fi+~h? +np M~n+ium therefw a in any n~p~tt fail b p~rfonq, dischupe. ~x~cut~. ~ff~ct, oanPlet~. aomplr witA ~nd abid~ by this' aov~nant, w u~y put hKwf. iaW JNORIGAGEE m~y plaa and D+Y for wd~ kwK~ a ~ny part tMr~of withour w~tvinp w~H~cNep ~n~? wtion, IiN+„ equiry, a ripAt w+drr or b~r vU~w ot this Monp+y~. «+d tM 1v11 arr+ount of ~ad~ and ~wry weh payman sh+il b~ ke~n~dt~bly dw and p~yabb ~nd shall bw iMK~st fron? th~ daq tMreof until paid at d» ~a» oi nin~ pN antwn p~r anwm ~+d top~~h~r with wch intNest sl+all b~ s~cunai by th~ li~n of thb mort~~pt. 4. To p~rmil~ oarmh a wff~r oo wast~. MinP+km~nt w dehriw~tion of wid propKtr or a~ryr p~rt tMnof. 3. To pa~r all «+d sirputar th~ oo~M, ch~rp~s +++d ~ s nnoMblt me'^ett'a fee and c~?s of ebshscn of tb4, incurred a paid at tirM by saW MORTf3AGEE. baaus~ w in th~ w~nt of th~ failun on tiw p~rt of ~M ~aid MOrtTGAGOR to duy. PromWb aod fuly pKfo~m. discl~u~ •x~c~t~, ~ffat. QomPk~. ~*P~Y w+th M+d ~bid~ b~? ~ad~ and way tM stiputatiom ~Nrnents. aonditioes. and oovenants of s~id promissory no~s and thi~ ~~+Y~ +~Y a~itM?. ~nd s~id cost~, cl~~ +^d axp~ns~s„ ~ad+ and ~vary, sh+li b~ Nrrr~ediately dw ~nd payabl~s wMther a nw thsr~ be notice ds n++nd. ~tt~mpt b oolbd or wtt ~i+d'inpj and th~ full xnouM of ea~h +~d ~wrY s~+d~ WYm~t aMll bea~ interest from the dat~ tM?~ef ~wNil paid ~t the rate of r~ pK antu~ pa wwnv ++~d ail srid aost~. ch~?p~s +nd ~xP~nse~ inar~nd a Pi1d. ropetiwr with wd+ inter~t. sMll b~ s~arrsd by ths li~n of this morlp~p~. 6. ?Mt in t~i~ wwN of any brsad~ of this Morlpay~ a defwlt on H+e p~A of the MORTGAGOR. w(b) in th~ ~wnt any of uid wms of money henin nhrr~d w b~ oot promptly and fvly paid within thirty C~0) days ee:f ~her th~ same ~e~reraifr bscoms dw ~ed psyabl~, withou~ dwmnd a notio~. or h th~ ~wnt e~th and awry th~ stipvl~tions. ~pr~tls, tonditiau ~d cov~n~+ts of wid p~omissory not~ ~nd tiws mort~~e any w eitha sn no1 i~rh. P~Pt!Y ~M PK~?~d. d'wcharped. ~~ea+r~d. ~ffsasd, aompktsd. ~omplied w»h and ~bided by, th~n in ~ither w a~r wd~ evMt tM said a~ gre9at~ swn msntiawd in said promissory noro tMn ra~sininp unpaid, with ima~t acu~ed, and all moneys secwed ha~eby. sli~ll MooeK dut and WY abl~ fonhwith, or tMr~sha, at tM optian of said MORTGAGEE, u blly and compt~tely u If ~II of the ~aid wms of ewney w~n oripimty stipulated to be p+id on wch day. +nythinp in said promiuory ooh w G+ this Mo~rtp+ys to tM oontrary notwithstuidirq~ illd tFNflUpOfl OI NIQfNNOt it fIN Opt10f1 Of said MORTGAGEE, wirhoet ~atia w d~nynd, wit ~t law or in puity, ther~fon a tharsafter beyun, m~r be prwacuted ~s if all mon~ys s~cw~d lwr~by h~d maArnd ptior to its imtifi~tiOn. 7. Th~t in th~ w~nt that ~t th~ b~irw~inp of or ~t +nY ttm~ Pendi^~ +~Y suit vpon this AAortyap~, a to fweclow h, or to nform it, oi to enfwa~ paymeM of any di~na haew+der, s+id MORTGAGEE shall apply to tl~e Cowt I»vi~g jurisdiction thereof for tM appantment of ~ Receiver. wch CouN sh~ll forthwith ~ppoint • rcee'wer of said mort9ayed property ~II and sinpvlar, indud~np ~I) ~nd sirgular ths income, pofits, issues and rewnws from whatwer so~rc~ dsrived. each and ~very of which, it b~inp expressly ur?derstood, is MrebY matyaged +s if speciiically set forth and desaibed in tM prantinp and hab~ndwn clauses hereof, u~d wch Reaivsr shsll haw all tM broad ud eHective func~ans snd powen in anywise eMrdstad by a Cowt to ~ Receiva. ~nd such sp~pointment sha11 be m~d~ by wd~ Court as an-admitted tquiry and a mstjfr of ~bselute rght ro saW MORTCsAGEE, ~nd withovt rofersnc~ to tM adequ~cy or in~deqvacy of th~ valw of the propKty morty~yad or to the soNe~cy or insolvency of said NIORTGAGOR w the defend~ms, snd that such rents, profits, inco~ne, hsues and revenws shall b~ ~pplied by wd~ Receiver ~coordiny to th~ Ike a p~iry of aid NIORTGAGEE and the p+ctia of wch Co~rrt. - 8. To dvly, promptly and fully p~rform, dachsr~, exccute, effect, compkte, oanplY with and abid~ by e~ch u~d evary th~ stipulatio% ~preements, conditiara and owenaon ~n said promasory oote srd thia morryay~ ,er farh. ~ 9. Tiwi in the event the owmrshiP of ths moAgped proma~s. or ~ny part thereof, beoanas vest~d in ~ penon otMr tMn th~ MORTGAGOR. th~ MpRTGAGEE, in svcoessws u~d assiyro, may, withow no~ice to the MORTGAOR, dsd with such waessor or a+ccessor in interesf wifh reference to this mort9~pe ~nd tMe debt hereby secvred in tM s~me marr~ as with Mwtpagw withovt in any wsy vitistinp a d~schargiig th~ Mwtyspws' liability Mr? under w upon the deb~ hereby secured. No wk of th~ premises hereby mortysped and no fwbeswnoe on th~ pan of th~ 1VA~tTGAGEE w its s~rcoesson w auipns snd no extension of the time for the payment of tM debt hereby sccured yiven by the MORTGAGEE w its s~ccssaors or ~ssigns, shall opuat~ to rekas~, discharps, modify d~arge or affect the oriyinil li~bility of tM MORTGAGOR hacin„ either in wt+ol~ or 1n p+rt. 10. h h specifically ~qreed that tims h of tM essenos of this contract ~nd th~t oo waiwr of am? obligatan M?eundN o? of t!a oblipation sa- cvred her~by shall at u~y time thereafi~r be held to be a w~iv~r of the tersns Mreof w of the instrument secured herby. I1. In additron to the forego9ng mo~tfily p+rmenta ef princ:p~l and inferesf reqvired by the promis~ory nofe ~ecured hereby, matyagor townanri and ayrees to pay ro mortgage~ with cach monthly payrrwnt an ~dd~rional sum eit~msred by mortyayee to b~_ qqwl to, l/12 of the annual cost of the folbw- _ . . , A-All real property taxes levied or assessed sgsir~st the sbove detaibed resl atate. ~ 8-Pranwms on fue and windstorm insvranos as hsrein iequ'ued to. bs curied on tfie impmvamants sitwte on fhe above dewibed premises. i C-Premiums on such mortg~ge 9uuanty insurance u mortgagee shall from time to time deem fit to tsrry o~ the bsn secured hereby. i Morfyagee shall hom tims to time notify mwtgsgor in writing of the amouM due ud psysbk hereunder and :uch wm shall thereupon be doe and E payabls on the dve date of the next monthly payment snd each successive month theresNer until mortgsyee shall notify mortga9or of s d~anpe in wch ~ amou~t. Such swns. shall be applied by morfgagee toward the payment of re~l property taxes, inwrance premiwns, and morf9aye ~wranfy inwranc~ premiums. IN WtTNESS WH EOF, the ' MORTGAGOR has Mrevmo set his hand and seal the d+y and fint afores~id. ~ ~ ~ ~ . ~ . ~ / ~ STATE OF FLORIDA ~ . ~ st. Luci~ ~ cour~n of . e~f«. m. P«.«~.~h .pp~u.a Louis J. Siaon, Jr . .~a Dorothy W. Siaoa w;~e, w~ w.n t~„o,M, .+~a ~+o ~,+e w t,. tM individwb desv~~d N ~nd who ~x~wtid tM fonpoinp instru~nt, and scknowledped b~fore rrN th~t tFwy ex~wted the same for the purpows therein ~:pr~sted. Md th~ ssid D rnt S3+~nn wifs of the aid LOri~s J. S~n__~. - upon a s~pant~ ad priv~t~ examin~t~oe b~r me t~ken wparat~ and apart fram twr said la~sband, aeknowlsJped ro and befor~ trw that sht executed wid irotnrrn~ot freely a+d vol~r~ tarily and without ~nY oomPul~lon, const~~kN, ~PPreMi»+oe, acy~sar o# ot from I~u qid Fwuband. ~ MVITNESS my hand uid official wal ffiia ~~v~ a.~, of ctobes ~ p. 19 68 ~ E O p R~. O 1,~ M•N~k~ and f« d+e srar. of fbrida ,t t..~e . ~ T~: s ~t ~n v~Ri~~ y . . F&sr F.da.~ savk+ys a lwn As.oci,twn ~~C~ 35 . 1~OTAIRPIIBQC.SfAT~ af HARIDA at ~ARG~ Of fort P~erce. ~p . s . 1'711 ~ ~ ~M~~. ~tR~+ ~!W ~~~.y , " 4 - ~ . . Fprt Pierc~. Flo.id+ ~ ~ t, ~ 35 so~me~ rn¦ouon ~ace r. a~ - ~ ,AA 0C~ - `k-1~• n,' ~ ~ ' . VO ~ This Instrument Prepared By Q~ER p0?SRA VRt: . . _ ~ ~ _ First Federal Savings b loen AssociatiorR K CIRCV~j C~ ~ • of rt Pi CLER _ ` t - , _ , ~ . . . • ch~fCed By _ • ~ ' ~ ~~73 ~2705 ~ ~ ~ ~ ~ ~ ~ F ~ ' x . : _ .__--•~e.,~~-._-zr'__~' _ - ' 2,~ _ _;a"'~'~. . -i""."$'._s_._~'"~N'~___:~., _ .~~a'`~.M.r~'~~c5~.