HomeMy WebLinkAbout1141 . : ~r; ~ i•)U
To plaa ~nd oa~ttmroialr k•ip on t4~ butldM+p~ eow a Mr.afN~ WtwN on Nid I~nd and on ~Il .qutpm~nt ~nd pK~onalb aowr~d Mi tN~ ~p'
p~, with ~11 phn?twn~ tMnon p~id in fvll. ftn tnwxana in tM MORTGAGEE. ~wch'oomp+n~~oomPMf~sMORT
~GE~TW1wGEE n»y
N+w~rana In th~ wwl ~tand~.d poliry fo~ni, In • win approwd h? » awn aforNald a
dkKfJ M~ fl~ M1d WiIKh10n11 IMY?NIOf pO~kiN Of1 Mly Of Nid bVIWinOir M1Y M?Nhit ThMNn Of piA iMf~O~~ MI t~1~ ~~l~i
In ucoas tlwnof. ~lMII conuM ti+~ wwl stM+dard matp+pN dauw a wch otlwr dww as 1M Mo~type~ m~y nquir~, makfnp tM ba uedK aid pdF ,
da. ~sch .nd w.ry. WYabl. b said MORTGAf3EE a in intK~sf m~y +pp~ar. and .~d+ ~nd ~wry wch pdicY ~MII b~ prompth n~:9~+ed .nd d~livK.d a
~n~r h~id by s~id MORTGJIGEE a funMr a~cwlh to uid mortpa~ dtbt. +nd, na 1.ss th.n wn l1~ d.ys in advann of ~h. •xptntson ar ..d~ po1~r. 1o da
Nw~ ro s~id MORTGAGEE ~~~wwal tMrwf, top~~Mr wtth • nnipt fa tM pnmiwn of wch r~walj and tMn shdl M no fin w windstam imwana
plaad on ~n~? of ~id buildinpi, any intK~t 1Mnin a p~rt th~~of, unlKS in tM fam ~nd with tl~ loss pay~bb a~fatwW~ and in 1h~ ~wM ~n1? swe
of ~qn~y b~oonNS parablt wdw wch polky a polkiN wid MORTWIGEE sMll Mw tM optan ro naiw u~d ~pply th~ s~ on +aa+~+t of rM M+d~bted~
nqs Ncw~d hM~by a b p~nN fald MORTQAGORS ro nalw ~nd uw it or ~n11 i~ fa P~P~. withouf tMrcby waivin~ w impaiti
inp +M? ~4~?H1?. (ia~ a ripM wwlN a by vir~w of this mortp+p~s and in th~ ~wnt wid 1NORTGAGORS ~Mlt fa +ny nsan fatl to ~Piv~n tl~a•fa~1~ so
kaund. a f~ll b d~liwr Prompth? anY of s+id policNs of tmwu~a b said N10RTt3AGEE. a f~il prompt~p b WY fi+~~1? +~Y P?~ ~"r
n~p~et fail b pufom4 di~d~ar~, unwt4 ~ff~e4 ~~t~. ~P~Y with ~nd ~Wd~ by thb aown~nt. a anY P+M M~wf. s~id MORTGA(iEE ~y P~+o~ se+d
Wy fa wth in~wanc~ a any put N»nof withvul walvMg w aff~ctlnp ~n1? oMion. ~iM, p~ritl?. or ripht v~+dK ar by virfw of thts Matqap~. and tM
tuU anawN of Nd? and ~wry w~d~ payrn~nt sfwll b~ imrmdiat~ly dw and pay~~bN ~+d sAall bw tntK~st from th~ dat~ tMnof w+Nl p~id ~t tht ~ab ol
nirr p.r an~wn pu ~mum .nd top.thK whh such inr.rat ahall b~ s~cw~d bY th~ li~n of thh morlp+W.
1. To p~nnlt, aomnit w wfhr no w~N. YnP+lrn+tnt a d~teria~tioo of sald propwt~l a~ny part tM~wf.
S. To p~y ~II ~nd sugular th~ oats, clw'pw ~nd ~xpa~ ~d~g a ns~on~bl~ ~»anhls fN and oosts of abnacts of titl~, Y+cwrd o~ paM ~t
~ny tir++~ by s~id MORTGAGEE. bec~ua ot h th~ tvsnt of th~ failwe on th~ P+~t of th~ wW Al10RTCsAGOR b d~?ly. P~~P~h a~d fully p~rfonn. d~xlw~y~
.x~cw.. •fhcr. eanPl.n. oomplr w~~h and ab~de by ~ad~ .vM? rM uip~lariaw +p~.•R~snn. cond~~~om. .a! oown.nn of sa~d p~«rauory nor~ and thk
~~Y~ +~1? w~itFwr. ~nd wd oosb. dw~qis +nd u~Paw+ t+~ ud ~wry, sMll b~ M~vmdiatsly dw and p~y~bbj wMtF?K a not tMn b~ ratio~ dr
nw~d, attNnpt to oollact a wit p«?~np~ a~d iM full arno~M
a wch arw! a
~~11 be~•,uth inta~at, ~MII b~ s~aur~d by th~' I~i~n of thi~
rate of ~ per antum pu anwm~: ++id all saW oosM. dwry~a +n xpMS~s
~q~
b. 1'h~t in tM w~nt of any bnach of thb Mor~g+p~ w d~fsult on tlr part of tM MORTGAGOR. w/b) in tM event any of s+id aMnrnrn of mc~w~r
hereln nferr~d ro b~ no1 prompty and fvlly paid within thirty t30) d~ys next afrs. t!r same ~ev+r+Ity b~coms dw ~nd p+y+bb, wtthout d~nd or noKn.
w(v in th~ ~wm eacA u~d ~wry tl+~ stipulatio% +On~n~+ts, eonditiau and wv~naoa of aid promissory note and tlNS mwt~ape any a~itMr ~n nol
iub. P~~P~Y and fuly p~rfarmad. disch+?~ad, execut~d. ~N~c1~d. oanPl~»d.. canp~i~d with aid ~bided 4y, tMn in eithu w ~ny avch tv~nt tM wid aP
prep+» wm ma»~orrd in ..id promis+or1? nor. then nroainirg w~p+~d. wiM i~rsnst +c«wd «~d nwo.ys ..c~,nd ~,.~.by. .t.+~~ b.oom. du. and p.r
~bl~ forthwith, a tMr~afta, at th~ option of s~id MORTGACaEE. a fully ud comp1~41y ss if ~II of the said w~ns of moMr vwr~ oripin+lly stipv1aMd
to be paid an such day, anythieg in said promissory aoa or tn tha Mort~+p~ w ths contruy nwwithsundiop: and thenvpon a ther~aha at th~ optan of
wid MORTGAGEE. without no~ice or d~mand, wit ~t law w tn p~ity, tMnfon or 1F~eafter bspww, inay b~-pra~swt~d as if all momps ~ax~d I+K~by
h~d matw~d prar to i» katihAion. ! '
7. ThN tn th~ wK+t th~t ~t th~ byi~r+irg of o? ~t ~ny tim~ Wndiny +nY wit uAon thts Morty+pe. w a foreclow it, or to roform h. a to a+fora
p~ym~nf of ~ny daims herwndN, said MORTGACsEE sh+ll ~pply to tM Cowt Mvirg jurisdictiw~ tMreof fot tht ~ppoiotment of s Reteiva. wth Court sh~ll
forthwith ~ppoint ~ roc~iva of said marty+p~d propsrh? dl and sirg~lu, indudinp ~II ~nd siipular tf» income, profin, &wea ~nd nv~nws from whstwer
~axa~ deriwd. ~ch and wery of whkh. it beinp expressh und~stood, is hsr~by mwtyaped as if ap~cifically aet forth ~nd d~wib~d in th~ 9rantinp and
hsbendwn da~su F~raof, snd wd~ R~ceiwr shall haw ~il th~ broad uid effactlw f~xrcrans and powen in anywis~ emrusted by ~ Covn to a Rec~iva. u~d
wch appointrt»ro shall be mad~ by wd~ Court as an admitted aq~ity ~nd a matta of absolut~ ripht w wid MORTGAGEE, and without nfermp to th~
~deqsracy or in~deqwcy of tM valw of the property matpaped or to tM w~w~cy a in:olwncy of s~id MORTGAGOR a tM d~fend~nss, ~nd that wch
ronts, profiy, inoo~me, issues and rewnws shs{I bs applied by wcfi Reuiver acwrdinp to tM lien or aquiry of said N10RTGAGEE and tM practia of such
Cowt.
8. To duly. Prp^Pth? and fully p~fo?m, disch~rye, exacute, effM. oomP~~e. ~P~Y vsith ~nd ~bid~ by wch and ~very tM stipulatioes. ~preem~nb.
oo~itiom ard aovaornts in s~id promissory not~ and this mortg+gt ~et forth
9. ih~t in ths event ths ownership of tM mort9+~ed Pnmises. or ~rry paA thareof, becomes vested in s person other than tM MORTCaACOR. th~
1y1ORTGAGEE, Ns suctesso?s ~nd ~ssipas, may, withoul notice to the MORTCaAOR, deal with suc!? waesw~ w a+ccesso~ in interat with r~ferenoe fo Hus
mortppe ~nd the debt hereb~r saarrsd ia th~ sam~ mamer +s with JMortyapw witFw~t in ae~y .w~y viti~tinp a dischuginp the Mort9pors' lisbility hth-
~nder w upon the debt_hereby searred. No ssle of the premises hereby morty+ped and no forbesranae o~ the psrt of tM MORTGAGEE or its sucoessas
a assigro ued no extension of the time for tFw payment of the debt hereby secwed ~rvee by tFw MORTGAGEf w its successors or assipos, shall op~raN
b nlease, d'~sthu~e, ead'fY t}~ny~ or ~ffact tFr oriyirwl Iiability of tFN MORTGAGOR herNn. ~itha in wlal~ o? in put.
10. h ts specificslly +yreed tMt time is of the esKnce of this contwct u~d that ~o waiwr of any obl'gation hereunder or of th~ oblipation a-
awed hareby ahall ~t ~ny time thereaher b~ held io be ~ waivar of the t~ haeof or of the irutrumem s~cured herby.
i addition to the fore~o:ng monthlY paymenri of princ'pal and interat req~irad by ths promissory oote secvred hereby, mort9s;~w coven~n
E and syrees to pa s ee with each nwr?thly payment sn add~tansl sum estimsted by mwtgagee to be eqwl w 1/12 of the o t dbw-
; ing:
A-All real property tsxes levied w sssessed ~ga~m described real estate.
B-Premiums on fire and windstorm insuru~oe u herein ~equ~red ro be i ovemenh sit~ate on the sbove desaibed premises.
C-Premiums on such mort9age 9wranty insur~noe as 11 from time to time deem on the loan ~ecvred hereby.
't Mortgagee sF~all from Yune to time rati in wriYinp of the ~mount dve and payable hereu~der snd su MaIV_hereupw~ be due ud t
psysble on the due date of t t ly psyment snd each successive mo~th thereafte~ nntil mortpsyee shall notify mortps~x~~el~aoQ
~in wch ~
` ~nt. applied bY ~9+9~ towsrd ti+e psyment of real property taxes, insurance prem~wm. a+d mat9s~e yuaranly intuTanc~
~ .
~ N WITNE55 WHEREOF, the s~id MORtGAGOR ha hetevnto tet his hand and sesl the day and year fiat sforesaid.
and deliw~ the pressnce of:
' ~
~ ~ 4
_ ~
- rs..n '
~
' STATE OF FLORIDA
pF S t. Lucie ~
~ MYrland A . F armer ,nd ~
Joari T. Farnel his wNe, to me well known and known to nr b b~
tM Gdivldwb deurib~d in and who ~x~wted tM forpoiny instru?wnt, and ~knowkdyed beforo m~ that thsy e~cecvted tM ssm~ for tM PurPwas ~
~ ,F,. „ia Joa?n T . Faraer `
wir. of th. Ww Mvrland A.~ Farmer ,„pon ...P...a .na p~irn.
~xamin~Yan by en~ tsken aeparate and ~part 6om her wW Mab+nd. +ckrwMrledped to and b~fon m~ tt?at she executed s~id &atrum~nt irK{yt and wlw~-
tariF~r and withwt any oompu~sloo, oomtraint. ~PPre~'!^~!°~ oI har of w from !w~ s~id Fwsb~nd. :4;t .
IAIITNE55 my hwd ~nd official s~al 1fik d. Y f~' ~y . A. D. 19_~~
, ~ : .
~ Notsry Publk in ~nd fw Hw St~~ ` ,,1da d l+rp~; _ ~
' 01t0 ~ M„ c~,~~ .l ' ~ • ~ - '
~rn T« ' pN0 RE~r(, ' '7~ i, . ~
f~ r•.ae~d s.vi~g, a ~o.~ Aswdaran F tL~uC1E C v
ER ~ ~~0 . ~ : s , ~ ~r : -
of w.~ P~. g'!. CpRD A~~ i- G c~ -
. Fwt Pieras. Fbrida RF j~~'V's ~ • v.. t~-
1 • . 'i'
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9 ~ Z~ : . ST:.j
This Instrument Propared ~ _ '
Frst Federal Savings d~ loan Association ~ZRAS t .
' of Fort Pierce Ft~ ~E ~CV1'~ C~V~t
R . K aves ~LERK C~
Chedced By ~
80DiI~~ i~~„~~
~ ~ ~ cf
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