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HomeMy WebLinkAbout1254 , • . To plaa ~nd oontimwu~ly kMp on th~ butWMq~ eow or i»rwhw ~itwt~ on ~sW i~nd a~d on sll puip~nt +nd P~o~a~h oownd b1? thb nwrf~ p~, wtth ~Ii pnmiwm tMr~on p~+d in ful1, Hn kaur~no~ in th~ usual ~~udard policy forn~, b• ~wn ~pprovd by th~ MORTGAGEE. and wtnd~tam Lawano~ in Nr usw) ~~anda.d policy fa~, in • win app~owd by th~ MORTGAGEE. io wch oompa?y - a oon+pania ~s tl+t MORTGAGEE nw~r dlntt~ ~nd ~II Ht~ . ~nd wind~torn~ inwt~nu politi~~ On ~ny of tald bvild~e~, any !nN?~at th~xtin or put fM~~o1. In th~ pprey~lf wm iforpaW or In ~xc~w tMrwf, ~MII contain t!» usvai s+andw! ~ryap.. cl+w. a wd+ aha dawa a ~h. Matp.p.~ m+Y r.q~?~n. makl^v M. 1os~ vnd.. ~ad potE cta. ~ad~ and .v..y. wr+b~. a•aW ~tTC~?GEE M ib iMKttt ~Ny ~pp~ar. and ..cti a~d ~w.y such Potkr ~h.~1 b. o.on+Prh au:Qn.d u~d d~~tw?.d ro an~r MW by uid MORiGAGEE a funhw ~curiry ro wid matys~a d~W. u~d. ~wt I~ss tMn qn (10) days in ~dvanu of th~ ~xptr~tan of ~ad~ Po1kY. to d~ liwr fo wid MORTGAGEE • rNww~l tMnof, rop~tMr with a nctipt fw th~ pnmiwn of wth r~walt ~nd Hwn ah~ll b~ no fin a windstorm in~w~nu plaad on any of said buitdinp~. aoy intaat tlwrNn or put t!w?~oi. unlw !n tiN fonn ~nd with tM las p~y~bN a afonuldt ~nd b th~ tvaN am wn+ of ~Y b~ooma p~yabb w~ wch polk~r a polici~s ~aid MORTGA~iEE sl+atl haw tM o~tioe to noeiw ~nd ~pply tM s~ on ~~t of Nw Ind~bt~ n~ ~icw~d Mnby o? b p~rmN wid MORT(3AGOR5 ro nwiw ~nd uN ff w u?y pKf ~!?~rwf (w otha pwposa„ without the?~b~ waivinp w impriF ~+~Y ~9~+ify. lE~n a riph! ur~l~r a bp rirtw of tNs matpa~j aod in tM ~wn~ ww! MORT(3l?GORS sl++ll fa. ~ny nawe f~il to kMp the wid pnmisM w Irow~d. o? i~i) b dtliwr P?amPt~1? a^Y of safd polidh of inwr~na b s~id MORTCsAGEE. or fail promptly to p+y fully any pnnnium tha~fa or in anp nsp~ct fail b Paionn, dixA~r~, uua++~. ~ff~ct. oompl~t~. oomply wFth ~nd abfd~ by this oov~n~nt. a any part her~of, wld MORTGAGEE may plaa ~nd WY fo~ ~ut,h tn~utant~ or airyl parf fF?Kwf withouf w~lvinp q' ~ff~ctinp an~r uMio~4 ~1M. ~9~+HY. or ~ht wdN or by vtttw of thb Mortpa~e, aed tht full amow~t of wch ~nd w~ry wch p~yms~M shrll b~ kwn~diately dw ~nd pyabb aed sMtt bsar int~reu from th~ daq tMroof unNi pald ~t th~ nt~ ot n&~ pu uonrn pa arvwm ~nd top~ther with wch htK~at s}wll b~ s~tund by tM li~n of thi~ ewrtysQ~. 4. To l~mit, oonwnit a wffa oo wast~. Mnpairme~t or d~t~tar~tbn of said propwtp w w~y put tl~wf. S. To p~y all ~nd sinpvlar th~ coan. c1w~p~s ~nd ~xp~~, indudinp ~ hawn~bb attarMy's h~ and oosn of absnacfs of titl~. kKwnd o~ p~id ~t any tim~ by said MORiGAGEE. baaua ar in th~ ~wat of tM f~ilun on tM paN of tM aid MORTGAGOR a duh. P?on,WM .~d f~iy ~e.for~n. d~ac~ ~x~cvt~ eff~d, oomP1~M, aomphr wiM and abi~M by ssch aod ~wry th~ stipulations. ~yreemenq. conditions. ud oov~nb of s~id promissory not~ and this ~O+W +~I? or ~iriw, and w~d ces». dwqa +nd ~xpKa~a„ ~ach and wwy. sM11 b~ immsdiattly dw ~nd p~yabir whetM. o? not rMr~ b~ eotia dr mand attempr ro ed1~c~ or sui~ p.nd+r~ and N+. !vp .mow» of Mch ~nd ew~y such p~ym.m ~MII bear interost frwn th~ dat~ therwf unH~ p.id th. rsN of nins per otntum per anwrni u~d ~II said aos», chu~s ~nd exp~nws intvrnd or paid, top~thK with auch intenat, ~MII b~ s~cw~d bp tl» iia~ of thw ~q+~ 6. TT~af (~I tM ~wM of ~ny bnad~ of thit Mort~aQ~ a defwl? or~ t!r par! of ths AAORTGAGOR. or (b) in tM ~wM any of uid twm of moeMy hanin rofan~d ro be ~ot prompty and fulty paid within thirty C30) days n~xt afta ~M s~n+~ a~va~ly becar» dw sad payabl~. witlww den+~nd a no~ia, or (d in tl~s evwn esch and ~very th~ stip~rl~tiom„ qnNnaits, oondittons and cov~naob of aid promissory eot~ arid th;a ma~ any a ~ith~r an no1 iuh% P~P~Y and fvUY P~rfwm~d, d'acl»ryad, ex~cvtad. ~ffect~d, canPbt~d, canpli~d with and abided by, th~n In ~itha or any wch ~wnt tl~e aaid ap~ prep~t~ sum a~+tio+Nd in said promissory oot~ tMn ran~ie?irg vnpaid. with int~rest scuwd, an~ all rrwn~ys s~tvred Mr~by, shafl baeo~n~ dw u+d WY' abl~ iwthwtth, or thrraafta. ~t th~ oprion of uid MORiGAGEE, u(vlly ard oompbtely ~s H ~II of the wid s~ms of erw~xy wen or;giMllp st~wtated to b~ psid on such dsy. snylhinp in s~id promiswry note or In tNa AAottpay~ to tl~e oontruy rwtwithatandinpj ~nd therwpon w thenafter ~t 1M opYwn of said MORTGAGEE, witiw~t notip a d~mand, wit at Ihw w in equity. ther~Fon a thereaher bepwy may be prosscwed « jf mone~rs s~cw~d Mr*by h,d mdwsd priw a in imtirurwe. 7. TMt in the ew~?t tMt ~t the be~nnirg of or at any tirn~ qn~Grg se~l wit upon this Mo.t~~ye. or to fo.aclos~ B, or to nfo~m it, w to enfwa payme~+t of ~ey daims haew~de~ s~id MORTGAGEE sh~ll apply to tM Court iuvin~ jwisdlctioo the~eot for tM appoinen~nt of ~ Receive~. tuch Cowt shs!! fo~thwlth appoint s receiv~r of s~id mortya~sd ptoperty ali and sinp~u, irrcl~d;np all ~~+d sGgufa th~ ineome, p?ofits, issues ud rwenues f~om wMtwe? wwce de.iwd, each ~+d wery of which. it be'a~ expressly w?derstood, is hs~eby mon~ayed a if ~pec~ficslly set forth a~d desaibed in the ~antinp ~nd habendum dausa he~reof, and wch RsoeivK shall haw aN tM b.oad ~nd effect7vs fwKt~ons sr?d powers in ~nywise eeuusted by a Court to ~ Receivs~, and such appointment shall bs mad~ by wch Court as an ~d~mitted aqvity'snd ~ en~ttK of absolute ~ight 1o said MORTGAGEE. ~rd without rofereno~ to tFr ~deq~xy a in~dequscy of the v~lw of the property mort9p~d w to tF~e sotvency er ;nsoh,ency 6f s~id MORTGAGOR or the defendants, uid fMt wd~ ~~t' profits, incan~, iswes and rtwr?ws alwll b~ applied by such R~ceiva aawdinp to the lien a equity of ssid MORTGAGEE and the practio~ of wch & To duly. Pre^+Ptly and fvlh Perfwm. ~isdwr~e. exeZute. ~ffect, aomPkte. eo^~P~I? with ~nd ~bid~ by e+ch and ewry the sHpul~tIo~s, pr~eemaNS. conditiom and ooveMnb in s~id pomiuory noq ~+d this mortysp~ set forth. 9. That in the event the own~nhip of ths morqaped PK*^~. a~+Y ~ Pm ~*~f, beoomes vested in ~ pKSOn other th~n tl» 1NORTGAGOR, th~ N?ORTG/?GEE. its wcaes+on and ssiiqm, m~y, without norice to the MORTGAOR, deai witb such waessa or wccesspr ;n interest with nferMOe ro this mort~apt and tla debt hereby sscwad in th~ same rn~nne~ as with AAatpay-w withov~ in ~+y waq vitiatirg w discl?sryirg the Moctys~ors• Ilability I+s?e- under w upon the debt hereby secwed. P1e ~a1e of th~ premaes I~ereby nwrtysyed ~nd no forbear~nce on th~ p~rt of the MORTGAGEE or iti sucoessors w assigns ar?d no extensan of tf~e time fw the p~ymer?t of tM debt hereby secured qiveo by tM MORTGAGEE a in s~co~ssora p assiyrq`, ahap opaab ro rolease, disclwye, nadfy charg~ or affact tM oriyinsl liabiliry of the MORTGAGOR hareiA, eit1~ in whols or tn p~rt. 10. It is specificslly sgread th~t tlme b of tM easente of this contrad and th~t no waiwr of any ob~ipatan hareunder pr pf th~ obl{a~jon cwed hereby shall at any time thersahsr b~ heW ro be ~ w~iwr of tha t~rms herwf a of the instrument aecvred harby, 1 sdditan to the forego:~g monthlY p~ymenri of princ'pd and interesf reqvired and sgrees to p rt agee with each monthl bY ~ PfO^'issory note secured her Y WY~ ~ addirionsl sum esrimsted by matysgee to be annual cost of the {dbw- ing: A-All real property taxes kvied or assessed agains estate. B-Premivms on fire and wirtdstar+m iruwance eqv'aed fo be ca? im s'~twte on the ~bove desnibed pran~ses. C-Premiums on such mortgage auunnce u mortg~gee sh~ll f?om tune to time deern the bsn secu~ed hereby. Mortgsgea shall fr ' o time notify mortgago? in writirg of the a~nouM d~e and psysbk hereunder snd eupa? be d~ and PaY~ble on the e of the next monthtY WY~t end each it100[fSiY! n'~0~1f~ iFINMNK eJnKl mOltgig!! 3IfiII lfOti/Y ~I10?t9~90? in wch amount wms shsl) be spplied by mortyagee towsrd the payment of real property taxes, inswsnqe premiwns, ~nd motfg~ge ~ua?anty • ~wM. ' IN WITNE55 WHEREOF, the said 1NOR7GAGOR has hereunto s~t !us F~snd and sss! the dsy and yesr f iforesaid. ~0~. Ses d and d xed in th~ pres~na of: n . v~a~ ~ ~ ~ ~ . ~ STATE OF PLORIDA ~ ' ~~~y St . Lucie u ` S . e.fo.e ~...on~u~„~e,?.d Willie J. Russ.~ar~d Minnie B. Russ, his wie, Franklin A. Harris and Valerie V. Harris, ~;r~, ~,,1e r„Qu k~, ,,,d k~ ro~. w~. M~e lndividwb d~aribed in r+d wla ~xatut~d tM forepoinp itntrtnr~u?t, and ~dcnowle~daed beforo ms ttut tfisy e:eMe~ wr~ for th~ purposes rMre~n .xp..,aed. ,~„d ,b. w;a Minnie B. Russ, wife of the said Willi r Q.~a4 ~~and ~ Q~~~+~++ ~ p~if~~f_tbe sa~ d Franklin A. Harris .,~„n, ,,,d p,H„~, br m~ raken sep.r.» and apsrt fran dliatd husl?aed~~ekiwwl~~Qed~ ~a and b~fon m~ th~t ~Ilxetviced s.id i~twmero fuely and v~olun- I~rily and witlaul ~r?y opmpylsipe, tonstrsint. ~PP?eh~nsiqry Or fw of or 4rotn~siid husbu~ • WITNESS .ny h~nd sod offiaal wsl ~d' 'w~ ~y ~ MdrCh A. D. 19~~ FiLED AND RECORDED' a,br• ,,,d fo, ,n ~ ~,,;d, „ . ST. LUCIE COUa7Y.' Fl/4: Mr ,~y. L, 7/ R~t~rm Ta R~rORQ L~ER1F!~D r-u~t c.a...~ s.vuiy, ~ loan As~od.fion Iy.y~,~., _fz ~.,..'~ot~l? State of Ho~idi at l~ly! Of Forf Pierte. ~ .~M~ „ . , • ~ . Fort P;e.ce. FI«d. ```~`p1 A ~ ~ ~°AUWKS'°° ~E'~"ss ~Iq' 6. 1971 '69 MAR Zl PN i2: y? ,..~..«..~e.~...~..t..~~_ - -.1 ; JO ..,,~?.,'f.,~'-'~ , Q/?n• : ; ~ ~%t , = , ~ ~ ;-t ~ This Instrument Prepared ~OGCr F'OI~RAS ~ = ; ~ Fint Federol Savings d~ loan t~icRiftiplRCUIT COURT: O a z - of Fort Pieroe ; ~ - : ,.y,r- : ~ - - ~-':o. Ghedced By John W. Co 11 in s - ,~o p0 ~'~'~''~~0~ ' ~~iti ~ ~~~1 ~ _ ~ • . - - . ~tf~+~t~~?ti~~~ . . . •M . ~ _ ~o~~~ ~~i~fl!~ r t - ~ ~ ~ f- - _ • • . "F.' `LT~-~,~~~~~ ,c,,~:- ~ ~:i`' . . . ~ ~r"''~`~..r-~F;,~ 3Q~ ii ~`F=' ~