HomeMy WebLinkAbout1025 ; : t : ~ , ~ ;
To plaa ~nd oa?tMwwwy kup on th~ butWinp~ ~wiw a M+aftK ~i1wti on uW i~nd aed on ait puipeMnt snd pwwesily oow?~d b1? tM~ nar~P
pw witA dt pr~n?iunK tlwrwn p+id tn fvlL Nn inw.~na In t!N wua! ~t~ndard polkY fonw b a wm approwd b~r th~ 1VNDItTW?GEE. ~nd wioduam
krw~na in tM wwl tanaM~d poliey ianb in a sum ~pprowd by tM MWlTt;AGEt, in wd~ oomp~ny w oompae?'x a th~ NIORTGA~iE! nwy
dlnclj and dl fin and wlaktonn 6awano~ pdici~s on ~r of ~I bWld'Mp~, +nY Inprat M~..ln w part th~nof, in th~ ~r~pan twe ~fa+~aid «
a? ua+.a rh«.of, ~h•11 wnatn Nr usu,1 aandard n~or+~ap.~ el+u~. or aueA ah.. daus~ a M. Mor~p~. mar rWvin~. e~+tano ?M bss w~d.r s.id po1i.
dw ~ad~ ~nd w~.y. p+r.b1~ a s~1d MORTGl1(iEE a its k~ar~st n+~r p~ar. and uch and ~wry such poiicy iMii M prompty sss:pn~d and ddswrd ro
+ey MW `by aid MORtGAGEE as fwtMr i~a~iry w s~id maps~e d~W. uid, eot la~ than bn (1~ days k? advs++a of tiy u~pkation of ~+d+ Pdk1l. b da
Ilwr to uW MflitTGAGEE •~il tFNnof. wy~~hK with • naipt tor tIN pnmiun~ of wd~ r«wwall aod tMn sFwll b~ no fa~ or wiacbro.m w?~ww+a
Pl+ad on ~ of aW buiWtnp~„ ~ int~t d~~in a pwt th~rwf. uelas M tM Io?n+ and with tM kss paysbl~ as ~faaaid~ a+d in tt» ~v~nt an~? ww
of maNY b~oon»a p~y~bb und~r wd~ policy a polid~s s~id MORTGAGEE aMll tww tM option b noeiw and apply fM akn~ an acoo~rM of tM k~d~W~d
ma s~cerd Mnb~r a b pKmB aid MIORTG/1GORS W naiw and w~ If a ~np pwt MKr~of fo? other pwpo~a, wi~hout ~hereb~ w~ivinp o. impiir-
~+~Y ~qv~h?. li~n or ripht w+dN a bp vlrlw of tN~ nart~*~ ~nd in tM ~wnt wid MORTGAC~RS sh~ll fa ~ny t~+ton f~U to kNp th~ aid phmiw w
4aw~d. a i~tl b d~liwr PranW~r +nY of aid polid~s of inwrana b ~aid MORTGAGEE, a f~i1 M~P?N b WY w~h? +~W Pnmiw~ ti~~for w M.M,
~.~a fafi w rKfa~u. dhd++rp.. .x.cw~, .fhc4 compbb. compir wt~A and abid. by tN~ oovr+~ant, a any parf h...af. ~W MORTGAGEE w~ay pi.a «+d
P+Y for wcfi Mw~anc~ or any part tMrwF wiMout waivMg or ~ff~etinp +n1? optiw~. ~i~n, ~4~+ih. or ripht ur~r or by vinw of thb ~nd tM
ivll Mnowq of tach ~nd ~wry wch paym~nt ~MII b~ imn~diatdy du~ and p~yabM u~d slyli b~ar interstt kom th~ dab tMrwf unti! pa~h~ raN d
nine pa antven p~r arwwm and top~tMr wMh wd~ Mhrat s?Mq be s~cw~d by th~ liu~ of Mis morpapt.
4. To p~rmit. oo~emit or wffK ra waah~. MnPiinnent w d~twior~tan of said p?op~rtr or ~ny part tMreof.
5. To pay ~II ~nd ~inpular Nr oosts. dw~s and ~xp~mM„ indu~np •?~aorwbh atwrr~y'~ fN a~d oom of ~bstwtb of titl~. Mrcvrc~d o~ paid at
+ny tinw by aW MORTW?GEE. b~uus~ a h tM wrnt d tM faih+n on th~ pan of tl» s~td MORTGAGOR to duh. P~~b ~N P~a~. d~t
•x~cvt~ ~ff~d, oompMM, aa~ly with a+d ~bid~ b~r ~sd+ and wKy the st~ul+tioru,, +~Nmenn. aoaditio~a„ and oownanb of ~+fd praniswry noh and ~ha
matyp~ any w~ith~r. and s~d costs. dwp~s and ~xp~nw~, ~ad~ aed ~wry, sMll b~ inrnsdiat~ty dw and WY+~: whetf~ or iwt tMr~ b~ ootia~ d?
mand. athmpl to cdbct a wtt p~d'+npt and Nn tvl! ~t ot aach and ewry wch paym.nt ~hall b~ar intehst from tM dah tMnof umq p~id M tM
rate of nirN par tentum per ~wnv and ~II ~id ootls. cha?~s and expMts~s i~~urrnd or psid. 1opNhsr with such inter~tl, ~h+il b~ a~cwed by th~ li~e~ of thi~
~q~
6. lMt (~3 in Nw ~vem of any Ixtach a( tl~is Morroap~ w d~fwlt on tM put d th~ AAORTGAGOR, a(b) in the ~w~+t w~y of ~aW sun» of momy
I+K~in nfMnd ro b~ not prompty ~nd fuly paid withi~ thirty I30) daya esxt aiter tM s+me wwally b~come dw and p~y~bM. wtthow d~mand o? notlo~.
or (v in th~ ~wnt sach M+d wery tM stiqd+tiaa. +~n~en~nts. aa~ditions and cown~n» of a~d promiuory rwt~ ~nd NNS mortp+p~ +nY w eiMwr an no1
ivM, p+omptly and fvlH P~ d~+?Wd~ *x~a+»d. ~ffed~d, cony~letad compli~d with and ~bided by. tMo in ~itMr o? ~ny such wrnt tM wid ~
prey~h wm m~ntion~d in said promisso~y noq then rwn~inirp unp~id, with k~tsnst aaru~d, an~.' ~II monsys t~tvted het~Or. sh~ll becw~y du~ and WY'
abl~ forihwith, w tMrsaka~. at th~ optan of said MORTrsAGEE. ~s fvlly and canpl~tely u if aU of ~hs said wms of mawy wen a~m~ly ~tipu4ted
to b~ paid on wch dsy. snytAirg b said promissory ~wte a In tN~ Mort~ to the contruy notwithstsndinp; and ti+~?a~pon or thereafta at tM op~ion of
wid MORTGAGEE, witlaut noY~u or d~maod, wit at taw a in pviry, thar~fon a thsresfrer b~un. m~y b~ pras~cutad a if all rnoneys ~~cw~d Mreby
?„d marw.d pior ro in tnsritvtion.
7. TMt in tFa svant that at tM Ixyinninp of or at ~ny Yu~ pMdinp any wit vpon this Mat9+D~, a to foncloa H, or 1o nform h. w to enfora
v+yma?t d+ny claims Mreunder. wid MORTGAGEE sMll apply to th~ tourt havinp jurad
:tion thereof fw th~ ~ppointn»m of ~ R~ceiw~. such ~owt ~If
forthwith appoinr a reoeivs~ oi said mwtpa~d property slt ud skyulu, indudmy ~II and si~?pulu th~ inowne, profits. bwes and rtvenvea from wMtw~r
sourc+ dKiwd, each a~d ~very of whicl4 it b~Lg ~xpre~sly w~derstood, $ 1~eby rnorty~ged a if specifically set forth and dacribsd in tlr 9raeHkg ~nd
fNb~ndum dauses hareof. ud wd+ Reniwr sAstt Mw atl the brod and ~ffacrivs funct~ora aod powers in ar?ywise enNUSted by a Cowt to a Receiwr, u~d
such ~ppointm~rtt ~hall be m~de br wch C.ourt as an admitted puity snd ~ mr,tta of absduro right to s~id MORiGAGfE, ~nd withoW ~~ferenq w tl+~
+~9~+~Y a~KY of th~ v~lw of th~ Props~h mortp~ped w to the solv~ncy a insdvency of said MORiGAGOR or tM defend~ms„ and thar wch
r~nM, profifs. lnoane, bsues and rw~nuea sMll b~ a~lisd by wch Receiva aooordirg W th~ li~n a equity of said MORTGACsEE and tM pr+ctia of wch
CaKt.
a. To duly. P?omPtN and fvlly p~rfwm, d'adwryt, ex~cut~. eHed, ooenPkte. oomplY with and abid~ by ~ach and ~wry th~ ittp~+latfon{, ay?NnKnq.
oo~tiom ~nd ooveoants in said promi~swy eat~ and this mwtpay~ set forth. -
9 Tha! In 1M wsM tfia ovvnership of th~ ^wr~D+ped Prema~s, or +oY P+~ ~!'~f~,4~c4~~s vested in a puwn otha th~n tM JMORTGAC,OR. tl+~
Al10RTGAGfE. its s~toe~sws ~nd assipns, m~y, without rotit~ to ths MORTGAOR, deal with sucl+°~ succes~w w wocessor in imarest with nfen~a b this
mort~s~ w~d the deb~ fwr~by rewr~d tn the sune ~nanr~x as with Mwtgayor witlavt ~ any way vitiatinp or discharpinp tM Mortp+~ors~ Itability h~n-
und~r or vpon the debt her~by secured. No s~l~ of tM premises hereby mo?ty~ed and no forbearance on the pan- of th~ 11IlORiGAGEE w Ha suoassors
o? +ss'g!r and no extensia+ of the t6ne for th~ p~yment of the debt hereby aenrred yiven by tbe M~itTGAGEf or its wco~s~ws or asipn~, sha~~ optr+a
ro nltaw. dsdrrp~, ~nod'fy cMny~ or affact. fhe wiginal Ilsbility of the MORTGAGOR htr~in. eithN in whol~ w h put.
10. M b speaHcslly apned tMt time is of the essenoe of this contr~ct ~nd tMt no walv~c of any obliy~tan Mrsunder a of th~ obli~tbn ta
CW~ FIKl~ {MII at afly flfllf tIflfNftlf bf IIl11~ }p ~O i Wa1VN Of tIN TlrT~ hsreof a of the imtnxoent s~cured 6e~by.
In additan ro the fora~o:rg monthly payments of pri~c"pat and interest required by the piomissory oore secvrsd hereb ,
ind +prees mort~agee with each monthlY p~yment ~n ~dditional sum estimated b equa ~ y~~~{~,{p~("~f
Y^~wrqs9ee to be 1 to 1 12 of the annual cos ow-
ing:
A-All real property t~xes kvied or asse:sed apainst t ibed real estate
d-Premiwru an fi?e snd windstwm inwrance as herein requ~red vemeny sitwte on fhe above described premi~s,
C-Premiwra on s~rch mon9sge 9wranty insur~ sF?all hom time to time deem the losn sewred hereby.
Mortga~e shall hom time to Y mwtgayor in writirg of the amount d~e and payable here~w~de~ and s ther
P+Y+bb oe~ th~ due da next monthlY WYr~+t ~nd exh successiw month thercaRer unti! ~+P~^ be dw a~d
smount. II be ~pplied by enwtyayae towstd the '~Of1B+~e slwl! notify mwt8a9a sutF~
payment of real property taxes, i~xsnce prem:ums, and mortyape 9uaraMy '
IN WITNESS YYHEREOF, the s~id N10RTGAGOR has Iw?eumo sK ha hand +nd seal the day and yeu fvat ifores~id.
S~abd prewno~ of;
- 4
4
~
_.n
STATE OF FLORIDA ~
St. Lucie -
couivir of
O.fon m. p.noesUy ~pp..nd Roy B Wa7 7 ace ~
C~rtie Mae Walla p k~ ~ known to n~ to b~
tM ind'nidw4 d~wib~d in and who ~x~cubd th~ fwpoinp imtru~mm. and a~krwwkd~ed b~fon m~ thal ttwy ~xsa+t~d ths sam~ fw th~ pu?poa~
~.~n .:a.,..d. n„a Gertie Mae Wal~ace
,~ir. oi ~h. usa Roy B. Wa2lace . w«~ • sp~?.a a~w .a
Pm
examLwtion by rn~ taktee se~araM aed aprrt hon~ Mr said h~ab~+d, adcrwtivl~dped to u~d b~fon nr that slr ~~utvt~d s~id inatrwMnt fw1Y and voh+m
euilr ~nd witlwuf aiM ~P~+~~1. torottaiM, ~PP~~~~.,~I fMr Of ot from IM/ Nid 1wsbM~d.
WRNESS nqr Mnd ~nd offici~l tt~l thk ~•l• ~y MarCh
. A. Q.: 14~t4.
. • 4 , . ' :i r
? ~.:~-j~~~~':..
~ FILEO ANO RECOROE w~wk ~ .~,a s~. ,a. s~;, o~ • . ;
R~twn Ta ST. LU~IE C,OUNTY, FLA. ~h? ~ • ' - '
> ~
fiE C~R~? VERIFIED wTA~r rrwG. =T~T~ A~# .
~t f.d..sl s.~?irp. a lo~n n..ownon f' Mr carwussroN Elcox¢~s ~ ~ - c~ .
Of fort P~erce. ~ • ~aco ~Mwown ?weo :r: wkil~~ o~ r~`~ -t-~
. fort Pierc+e Florid~ Z~.7 • - . _ . • b : `
f~iR 2q AM .i~l . 3 ~ - 3 7~ ~ , ~~'a _ J -
p~°~ ^ :;~T c;
: : -
This Instrument Preparod By F 0~sE n FOl7R~S
First federal Ssvir~gs b loan Aa~~~ C i RC U!T C OU RT
of Fort Pierce .
gy JOhn W. Collin~ ~ ~
~ : , , _
{ i~ . . _ . ~
L '~,e-sY~"' x~i` . d^~,"e+v ~ -2'i~. ~ ~ :F ~ ~
~ ' i ~ ~ 3r"~-~_
~i`"q"'_'c~-'_+.: ti;-~