HomeMy WebLinkAbout1139 : 1 ~k: t l ~ i
To pl~a and ooM4wou~ly kNP on tM buildi~s now a hK~afia ~Nwt~ on iatd land ~nd on dl ~quton~+t and qrwnally ccvN~d M? Mb na~q~
ap~, with all pr.miuna Nw~on p~id in fv16 fin 1row~na in ~I» uswl uandard P~k1l fam. in a wm app~rowd b1? th~ MORTGAraEE. ~nd wMdttorm
irawana M th~ wual ua+dud policy forn~, ip a wm approwd b~? ~h~ MORTW?GEE. in wd? oomp~nY a oa^Pania a th~ MORTGAGEE n~
dinctj snd all fin ~nd wlndstan~ ins~x~na poiicia on any oi s~d 6u1Win~„ +eY i~brat thK~fn a pWt tMnof, in tM ~pWs9+t~ iwn ~for~W a
In ucaa ~Mhof, alwll oontain tM uwal q~ndard mor~papN clww a wd~ otba dww a tM Maqap+~ m~Y ~pvirn, ie~akkg tM loa w+dN aid pol}
cMs. ~ad~ ~nd ~wry. WYaW~ ~o s~W MORTGAGEE a~ iM iotaat n~ay app~~?. ud ~acA and ~vKy wd~ po1kY ~hall b~ pranptly w:~n~d ~nd deliwnd w
~ny hdd by sdd MORTGJIGEE a iwrMr s~w.ity to s~id mafp~ d~W. and. no~ I~s tMn tM (1~ day~ In ~dvana of th~ ~xpkatian of each po1kY. to d?
Iivw Io ~sid MORTGAGfE ~ nn~w~l tMnof. top~tha with • naipt fa tM phrnfum of ~uch nnew~l~ ~nd fl+~ sh+ll b~ oo fw~ o? wi~torm inwr+na
piaad on a~y of aid buildinps. intenq N+K~in a put tMrwf, w+l~a in tM fonn and witA tM loa p~y~bl~ a ~fw~saidt ~nd in th~ wM/ ~n11 tuin
of moewy b~oornM p~p~bN w~ wd~ polkl? a iwlicia s~W 1NORTGAGEE sMll Mw tM optwn W naeiw u~d +ppiy tM ~ on ~coount of tht kid~btd~
rw~s s~cw~d Mnbp a a p~rmit wid MOkTGAGORS w nwiw M+d uN H a~nY R+rt tMrwf fa otha pwposes, wi~hovt ~he~eb~ waivin~ a impair
uq +~Y +quib. li~n a ~ipht u~dK a by virtw of thb mortpap~~ and in tlw ~wnt wid MORTGJ?GORS sMll fa u~y rNSOn fail to kNp tM uid pnmisK w
tn~yd. ar f~il to d~liva P~~b ~^Y of safd polici~s of knvr~na b s~id MORTGAGEE. or f~il promptly to paY fi+~h? +~Y P~~mwn? tMr~for a in ~ny
nap~a fail w p~rfonn, d~d~arp~. ~z~art~ ~fhct. oom~Mt~. oomPN with ~nd ~Md~ by tF~ aov~nt, a any part hKwf, atd MORTGACaEE m~y pl+oe and
P+Y for wch in~ww~a a~ry? part tMnof without w~hrinp or ~fhttlnp an1? aWion. ~ia4 ~~b, w~pM w+d~ ar by virtw of thh Mwp+p~, and th~
full amount of tach ~nd w~y wd~ paym~rN ~11 b~ inwmdiaMly dw and py~ and sh+ll b~u intKaf fram tia daN tMnof unHl paid ~1 th~ nN of
ei~ pK c~ntwn p~r anr?wn and to~tMr with axh intKat shall b~ s~cw~d by th~ liai of this morlp~y~.
4. To p~rn~i~ aomnit ar wfhr n~ wab. ImP+km~nt a d~t~rior~tlan of s~1d prop~rty o? any p~t IMnof.
S. To psy ~II and ~inyular th~ aoati. cM?O~s and ~xPaMe~. indudinp a nason~bb ~ttormy's h~ +nd aosn of ~ban~cts o~ t~l~. incurred w paid at
•ny tim~ by wid NWRTGAGEE, b~cwa a tn th~ twnt d th~ failun on tM pu~ of tM s~M MORTGAGOR q duly. P~a^Wh b P~o?^~. dixM'p~
•xsait~, ~ff~ct. aompl~t~, oomP~Y with ~d abid~ b~r ~ad~ and ~wry tM stipdatioos. ~preanants. caditioes. ~rd aownants of sald praniuwy not~ and thb
~9+~ +~Y w~itl~, and said cosb. dwpe+ and ~np~~. ~ad+ u+d ~wry. sl»II M inreKdiatdy dw and payaW~r whetl+K or not tMn b~ notia dr
m~nd, ~tternpt to aolbct w wN p~ndinpt and tM ivll ~nt of ~ach aod ewry wch WYma+~t shall b~s? Mtensf fran tM da» tMr~of unh'1 p~id ~t tM
rate of oirr pK aentum per w+vm; and all wW ewt~. ciw?p~s ~nd ~xp~nse~ iewxnd e? Wid. toyethu with ~uch intsrat, ~MII M s~a+rd by tM li~n of thi~
morq+pw
6. Th~t W in the ew~t of ~nv bnach of this Mortyap~ or defautt on the part of tM MORTGAGOR, w(b) in tM ~wnt u+y of uid axns of mo~
her~in nf~n~d to b~ rwt prompty ~nd fully p~id within thirty (90) dap n~xt afror tM s~me aevaraly beoorm dw ~+d pay~bb. withar~ demand a notin.
or (v M tM ~wnt sad~ ard evay tl~e stipulatio% +pr~Mnts. oond'tions and cov~nsna of uid promiawry nore ar?d this mortpay~ any or ~ithw ~n nol
ivN. P~PNY snd fuly paform~d, d~d, ex~a+»d. ~ffsu~d, oanPl~t~1. cored~d with and ~bided by, theo ~iths~ w any wch went th~ s~M aP
pra~sq wm rt~+tiaKd h ssid promis~ory noh tlw~ r~ininp w~paid. with inttrest +arued. and all ma~eys sstw~d hueby. sMll b~tom~ dw u~d WY'
able fonhwitM, or ther~afta. at th~ option of said MORTGAGEE, a fully and oompl~tely as H all of the s+id wm~ of mawy wer~ oripin+lly stipula~ed
to b~ paid on wch d+Y. anY~hirg s+d Pro^~isso'Y ^o» a in thi~ Mortpa~s to th~ contrary notwithstudinp: and tl~er~upon or theresher N tM option of
uid MORTGAGEE. witho~rt notioe or d~m+nd, wit ~t law or in puiry. N~a~fo« or N~erssfter bsyw4 m~y b~ ptopcuted as If dl mooeys s~ound F~u~by
had mahrred priOr to its insfitution. ~ ~
7. That h tM went th~t at tM b~ginninp of or st u~y tan~ p~ndG+p +rh? a+it ~ipon this Mo?t~ay~, 01? ~4 foncl~~ R, or to nform h, o~ to ~nfwa
P+Y~~ ~~~1? daims F~wnder. wld MORTGAGEE sMll ~pply to ths Caxt havinp iurisdiction thereof foi'tlif appoiotmaN of a R~ttiver. wth Covrt sh~ll
forthwiM ~ppoint s?euivlr of said matp+ped proputy all and sinpulu. indudug all ~nd s&gutar the incom~; Profin. ~tu„ u~d rewnws from wha»w?
wvros dsrived. each u~d every of which. H beMp ~xpres~Y vndsrstood, is Mr~bY ~9+9~d.+i if sp~cifically s~1 fanh and described in tM pr~ntinp and
hsber~dum cla~rses hereof. and wch Receiw~ shall Mw sll tM boad and effactiw functions ~nd powen in.anyw~;e ~ntrusted bY + Ca?rt ro a R~oetv~r. and
iuch appointn»nt shsll be m~de b~r wch Co~rt as ~n ~nitted eqvity and a mitta of ~bsotuJ~ Ijpht w aid MORTGAGEE, ~nd withow refereoc~ to ti»
+dequ+~Y or Insde4~+~Y of tM valu~ of the propKty mortp+~ed or to the wlwncY a inwNNKY ~~~~~TGAGOR a the defe~dants, and th~t wch
rents. profits, inoome, iuues and rws++ues ~il b~ applad by such Reoeiwr seoo?dinp ro th~ Ijen or ~qQity of said MORTGAGEE and tM practia of wch
Court.
e. To dvly. P~~~Y ~b P~~ ~?9~, e:ecut~, effect, complet~, oomP~Y wlth a~d abW~ b~? ixh and w~ry tM stipulationt. +Dr~
cor~tans ~nd covsna~n in said pranissory nor. and this mortyap~ set fwth. ~ -
9. Th~t in tfis event the owne?shtp d the mohyaped prama~s. or ary part thereof, becanes vated iir• perwn othsr th~n the MORTGAGOR. th~
MORTGAGEE, iri woceswrs and asi,pns, may. without nor'~ce to the MORTGAOR, deal with such waessor or waessor in interest with referenoe to this
morty~ u~d the debt hereby sacund 4~ th~ sa~n~ mam~r as with Mortpsgor without in ~ny wsy vitiatrg a d"~tthuyirq the Mwt~~pors' liability har~-
under or ~pon the debt hereby seaxed. No sale of ths premises hereby morty+~d .and~ no fwbearanoe on tM put of the MORTGAGEE w its wuesson
or ~ssigro uid no extension of tM time for ths payment of the d~bt he.eby securad yiven by the MORTGAGEE or its suaeuors or ~ssiyns, shdl operaN
ro rek+s~, d~sdwry~, modify cF~anpe or aff~ct the oripinal Ilability of th~ MORTCAGOR h~reiA, either in whol~ a in pan.
10. It is specifically ~greed tMt Wne b of the essence of this aoroqct ~d that no waiwr d uqr obliy~Ywn herwnder a of th~ obfi~tion sr
cvrad h~reby shall +t arhr tirr~ tFKnafter be held ro bs ~ waiwr of ths ternn h~rwf a of th~ instrwnent secwed herby.
1 In add~tion to the forego:ng moe?thly p~yments of pri~c:pal and inlaest required by the promistory note secured hereb
and sprees to es with each monthlY payment an sddirion~l svm estim~ted by mortysQee ro be eqwl b 1 annwl cost of the follow-
ing:
~ A-All real property ts:es levied a assessed ag+irut t e.
~ 8-Premiwns on fire and windstwm iraurance as herei fo be tarried on the sitwte on the above described premis~s.
C-Premiums on wch mat9sge 9wr ante as mortgsgee shsil from time to time deern fit to urry sewred hereby.
i Mwtgsgee shall from ti ime notify mortgagw in writing of the smoum d~e and pay~bb Mreund~r and such svm be due ~nd
payabla oa the due the next monthly payme~t and ~ach svctessive month thereaher until mortyspee shall notify mortgapot of a such
i amount. shall be applied by mortgayee toward the p~yment of real property tax~s, insur premiums, and y~s qwranty irowu~o~
I •
~ IN WITNE EREOF, aid TGAGOR has hereunto s~t his Mnd and seal the y year first afor
' c~e of: ~
n
~ ~
~
STATE OF FLORIDA ~ ,
~ St. Lucie ~
~~,a,,,~~y Dorsev N. Jo ngon .~d
Valerie J. Johnson hi, M,;r~, to me M,.n w,oum ~~a wwwn to m. +o b.
rh. ir~vidv.b d.w~.d tn and who .x.cur.d rM faepoinp instnKna», and acknowladped befon me rhat they •xea,ted rM sam~ for th. qrrpos.s
rt,..an .xp..asd. Md tM t~M ValeY e?. .?ohnson
wifs of th~ said DOZS@y N. .~OZlA80A , opon a separat~ and privat~
exsmin~Yan by me taken ~epirah and aput from hsr aW h~aband, ackravrledpad ro~nd b~fon m~ tMt sh~ exea+ted said inatru~n~nt. frNly ~nd volwr
rarily and withovl u~y oompulsion, cantraL~t. ~pp~rehensio e~r of a from Mr s~id !?wb~nd.
WITNFSS my Iw+d and off'Ki.t sNl ~y March A. D. 19_~S~
~ Q~Cl~•
~ . Notary Publk in ~nd fa th~ St~» o# Horid~ at Lar~
RECOR D ""y c°"""n`~°" 'xpi`..`
~rn Ta. aN LA. ' ~
FILED
wst F~daral Savirg~ a losn Aaociat~oo ~,UCIE ' NOTAItr'QBLIB. =TATE OF f1.ORl0A
Of Port Pierce. ST' p~0 ~~E~ MY COMMISSION EXPIRES NOV. '-187$^'~~K; ,
REC ~ 10NDEp lMROYON rR[D N!~ A~t~t~LNQR~1!'•~~~~,~~.
F,ort Vierce, ibrida ~ : •
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This Instrument Prepared By h~' _ • '
First Federal Savings b loan Association ~ U v r;~ `
' of Fort Pierce . ROG~R PaTT
CQ R~ ' t~ r'j
~E~ C~AG . QJ. ;::;~f =
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Chetked By J • C has t in . ST'' '
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