HomeMy WebLinkAbout1525 _ . Y , ~ . `~'i-. . t
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s. To plaa ~nd contiiwously kNp on th~ buiFdkg~ now or hs~~afNr ~ifwf~ oti s+ld t~nd and on afl puipm~nt and pNtonally towt~d by thi~ matp~
p~, with ~II pnmiums thKwo p+id in ful4 fLr~ hawu~o~ N+ ~h~ vswl stand+rd policy fwm. N• wm approwd by tM MORTGAGEE. +nd wind~torm
tmw~na In d» wwl aar+dani pol~cy fan~, in a~wn ~pprowd by tM MORTGAGEE, in wch con+P+~Y a~+P+~?ia u~I+~ MORTGAGEE nwy
dinctt ~nd ~11 fin and winr~wrm irawana policiea on a~y ~ ~aid buildinq~ +nY Inhrat tMreie or pa.t tha~of, hi tl+~ +pyrey+t~ w~n ~fwaaid a
M ucoass ~Mnof. tMll ooM~in tM uswl aand+rd mo?t9+~ dw~e a sud? ah~r daus. a rM Morfyag.+ m.Y n9~'u~, makinp fM las und.r s•id poli~
cia. ~.ch a~d w..Y. p~rable w s+W N10RTGAGEE a in io~~.a~ maY ~PP~. +^d ~+^d ~`~'1~ Poliq shsll b~ prompHy •u:yn~d ~+d d~ItvK~d ~o
u~y 1»1d by s~W MORTGIIGEE a furthN aa+ritr ro s~id mor:p~ dsW. +nd. nw I~ss than tN+ l10) d+ri in ~dv~nc~ of fM expir~tion of ~ach policy. 1o d?
liw~ w ~aW NWRTGAGEE a r~wal tMnof. top~tMr wi~h • r.aipt for ~M pnrniwn ot such ~u~ewalp ud tF~~ ~h+Il i» no fKe a winds~«m inwr~na
pl+ad on any of aid bvildi~gs. ~Mr iotaat tMn7n a put tMrwi, unleu !e th~ fam and wi~h tht loss pay~bl~ u~foraaidt u~d ie ~I» ewnt any swn
of moMy ~ea,,;;:,~ psyabit u~ wd~ policy or potkk~ wid MORTGAGEE shaN I»w th~ optan ro ieuiw and ~pply the ~xn~ on ~aount of tM M+d~bted~
rnss s~cw~d Frnby o? b p~rmit s.id MORTGI?G~ORS ro r.aiw .nd u~ h a u+y p~rt N?ereof for orher pu~poses. wi~hout therob~ waivi~~ or ~mpai.-
inp anY p~;ty. li~n o~ ripht u~t or by vktu~ of thb mortpap~t «+d in tht ~wnt s~id MORTGAGORS shall for ~ny ttason f~il b ktep tM said pr~misea so
irwu?~d. or fail 1o deliv~ P~~P~~Y +~Y of said polici~s of inaw~nu to s+id MORTGAGEE. or fail promptly b pay fullr ~ny pr~mivm the.efw w in sny
?~sp~tt fall b pNfwrn. distMtps. ~xKUt~. ~fhcf. compbf~. ton+P~Y with and abid~ by tNs cownant. M My pi11 AHfOf, aid MORTGAGEE m~y pl~p ind
P+Y tw wd~ krw~ or ~ny p~rt tMnof withow wahriny or ~ff~ctinp +nY aPtion, Ihe. ~Vu~b, w r'pM unde~ a by virtw of this Mony~. ~nd tht
t~ll amount of each «+d ewry wch paymMt sh~ll b~ imrndiafdy dw +nd R~yabb +nd sh+ll beu int~res~ from tM daN tlwnof w~til paid ~t th~ rat~ of
nirr pu anrvm pu annwn and topethe~ wirh such interat sFull b~ sacv~ed by tM lien oi Nw matyap~.
1. To pwmU, oomndt or wff~r no wast~, impa4n~nt a d~taioration of said propKty w unr put thsrwf.
S. To pay ~tl ~nd sinp~rtar tM ooa~s, cA~rpa and ~xpMa~s. b+dud~^D a naso^+bh ~ttornay's fN and oosts of abstracq of titk. incun~d or p+ld ~t
~ny tims by said MORiGAGEE, b~cavs~ or h th~ ~wnt of tM tailw~ on N+~ put of dr iaid MORTGAGOR b duly. Wor^Ptly and fvlty perform, d~scharoR
•x.cur.. eff~a. compk~~, aomP~Y wifh ~e+d ~bid~ by asrh ~nd werj !h~ stipulat~o~a. W~eemc+~b. ca?ditiar. ~md oovtrMnp o1 Nid promisfoly nW~ ind 1hi1
^wrt~ap~ +nY w~itlwr. snd said costa. charpes ~nd ~:perws, sach Md ~very, shsll b~ imrnediatey dw and paysbJes whe~hN w rat tM« b~ no~iu d?
m.nd •ttere~p~ a oollect a adt D.r~d~^pj .nd rM fvll a~~ww~i of ~ach and war ~ wrm.~t sh.11 bsa? ~nteres~ (ron+ ~M daa rlNreof unril p~fd d ~M
rate of nim pN ca+tum per anwm; a~d all a~iJ cwt~, chu0u +nd ezW^ses intwnd a P+'d. ~oD~tlw with wch intaest, sINN b~ saarr~d by tM lien oi thN
mor~p+~. ~
b. ?Mt in the w~M of arry breach of thi~ MortQa~ w d~fwlt on ths part oi ths N~OitTGAGOR, or (b) tn tl+~ evant ~e?y of wid wms of mon~y
herNn rcfxrd to b~ na promptly snd fulty psid wi~F?ie thirty (30) d~ys oext afie~ ths sam~ avaalty become dw and p~yabl~. without d~m+od or ~otio~,
or in the eveM sad? ~nd ewry th~ stipt?latioru, ipnanM?ta, corwlitions arxl oown+nts of aid promissory note and th~i morroap~ any w tither u~ 001
~Y. P~~?P~b and fvt1Y PKforrewd, d'acharp~d. ~ewbd, tffact~d. oanpl~t~d. comPlied with ud abided by, tiwn in ~itMr or any axh ~va*~t tlr aid ap~
Qreyatt wen m~++ta+~sd in said promissory noM then r~mainirg w~p+id. with interpt acuved. ~nd all ma~eys secured harebY. ~hall bacom~ dw a~d pay~
abb fonhwith, or theraher. ~t th~ oprion of said MORTGAGEE, ~s fully and coinpletely at if ~II of the said wms of mawy •wre agindly s~ipulated
ro b~ paid on wch day, anything ~ said promissory rat~ a in this Mort9ap~ ro th~ oontrary ~otwithstandi~?~: and thersupon w there~her at tM option of
said MORTGAGEE, wirl~out notios a dem~nd, wit st law or in puity, thsr~fon a thersaher bepv~, en~y be proKCUted a N alt ma~eps wcvred Mr~by
had malvnd piwf fo iq iMtifVtion.
7. Th~t in tMe ewnt thst ~t the b~yinninp of or d u~y tNe» P~~+dinp snY wif upon ~his Matgag~, a to faeclo~ A, or to roforn+ H. or 10 ~ntores
payment of u+y d~irm herovnd~r. said INORTGAGEE ih+ll spply ro the Court Mviny jurisdrction thereof fw the +ppointment of • Receiver, such Court sh~ll
fwthwith appoiM ~~eceiver of said mwtp~ped property all and sirgul~?, incl~d~np all and sirgvlu tM incornt. profits, is~s and nwnu~s from wMMvK
sowce d~rived, e~d~ aerd every of w1iKh, N beinp ~upressly understood, is hereby mat9agad ss if sp~cifically sN fath and dewibed in tiN y~antinp and
hab~r~dum davsu hereof, and such Rcoeiver shall haw all tM broad and eNsctiw iw,ct~om and powers in anywise emrwt~d b~r a Cowt to a R~ceiver, a+d
such sppointment sfiall be mad~ by wd~ Court as an ~dmined tqvity ~nd ~ msner of absotvro rgAt ro s~id MORTGAGEE. ~nd withovt "refer~nce b tM
edeqvsq~ a~4~Y of tha wtw af the propaty mortpped w b the sohrency a insohra~ty of-uid MORTGAGOR-oc-lhe-defenduus,, and_that auch _
rents, profits, income. issues snd rewnuss ~hsli bt :y:~:rod by wch Rsceive? sccordiny to th~ lien w eqvit~? of s+id MORTGAGEE and tM pactio~ of wch
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e. To duly, ara+wrh .~d f~,~y p..to.~+, d'~sc~,+~e. execute, effect, canPkte, oomdY with and ~bids by sach ~nd ~wry tl» stipulatiom,. +ereements.
cond'itioas and cove~n+n~s in said promisaory not~ snd ttus mortyspe set forth.
9. That in tM event the ownenhip of the mort~~p~d premaas. o? srry part tl~ereof, beooenes vested in a perpn otlwr th~n tl~t MORTG/1C,OR. tF~
MORTGAGEE, iri wccesaors and assipns, m+y. without ratice ro tl+e MORTGAOR, deal wifh such auccessor g~ successw in interesl with nference to this
mort9a~e and the debt hereby secur~d in th~ sarn~ marr~er as with Mwtp+ga withovt in ~ny way vitiatin~ o? d"~schugirq the Mortyagosa-li+bilitr-I~F -
under w upo~ the debt hereby aeaxed. No ssle of the premises hcreby mortga9ed +nd no fabesr~nce on
tF~_put-of-Hw MdRTGAGEE a its suctesson
or auigns snd no extension of the time for tF+~ payment of the debt her~--~ssueed-y'.w~r-b7~-tke-I4I~Ol~TGAGEE or its waeuora or assgro. .hall opuat~
to release, discfiar~. ~nodify d+sn~e_ a, af~est-fAa-aigirni tqD~o3 tM MORTGAGOR herein, sither in whols a in put.
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1Q It h spetifically _ apct~d._ that 1kt?~ b of tfie essence_of _ this_ contrscl_~nd thsf no waiva of any obl'gatio~ hersu~der o? of tM obti~ation ~
wrcd hKebr shall st any tims theresfter 6s held w bt a w~iwr of tM tKna hereof w o~ ihe irotrunent seevred I+erby.
11_ In add~rio~ to the fwego:ng monthly payments of princpal and intcrest required by the pronisso?y nole secured hereby, mortgagor covenants
and agrees to p~y to mortgsgee with each monthly payme~t an additionsl swn estimsted by mortgsgee to be equal b 1/12 of the annwl tost of the follow-
ing.
, A-All real prpperty taxss levied w assessed against the above desvibed real estste. '
B-Prem;ums on fire and w'wxlstorm inswanoe u herein requ:red ro be a?ried o~ the impe6vemeAts situate on the ~bove dasvibed premises.
C-Premiums on such mortgage gwranty inswarKe as mortg+9ee sh+ll fram t~me to time deem fit w urry on the loan secured hereby.
Mortgagee shall from time to time notify mortgagor in writing of the amovnt due and payabk hereunder snd wch wm shall thereupon bs dus and
payabk on the due date of the next monthly payment snd e~ch successive month thereafter until mwtga~ee shall notify mortgagor of a cFWnye in wd+
an+ount. Sucl~ sums shail be applied by mwtg+gee towsrd the p~yment of real property taxcs, inwranos prem:ums, e,d mort9a~e 9uaraMy insurance
j premanu. ~ .
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IN WITNESS WHEREOF, the ssid MORTC~AGOR h~s herevMO sef his hand and seal the day and yeu f"ust afwasid.~
~ Seakd del'ner 1M no~ of: '
E
~ rc"n
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STATE OF PLORIDA _
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CpuHry pp St _ i_uc ie
~ ~a~ Billie Bob Gruwell. A Sinale Adult ~d
~ bw wiisr to me well known and known to rn~ to b~
~hs ir~d'ivdwl? dswibed ie and who •xea~ted rh. fo.parg • H+snwn.m, and ackrawledyed b~fore rrk that }Iwy .ascwad rh. sarn~ for -the pwrpowa
tie
~ rha.etn .~cp..s~ed. ~ARi ~h...~d
~ wifr~oi~hfi~ii ~G~iYpWtA.~~_
-«cM~tiow~r•+~.~ak«s.~.~ay~aad apia iroo iriaii ~r.Mw~ +~Icwowisisei ~o-aw~ .wfor. +n. sh~Lak`.~.eula~
Nrihr anr rwithov~ any s~i~nr ~owskwfr-+P/~Miory 4N~~f-os .fwiw 1w~? ~ai~~~. .33'=•<- ~i~~"[~ . : . _
~~~~a/ ~y t
R~
~ wnNESS my hu~d «+d offici.~ ,.d thk ~3' d.y of March : 1~~
:r _ . ~i~
y ~ n _ ~U~1TYE:
~ . Notary PuWk jn ~nd for tM : ~~~jG~,.
My Cortrmss~On ucqnu ~ k ~S L,~~ „a~
~ Return Ta ~ ~~~iy~: C .
~ Fin+ f~ds~~l a loa~ Aswciaran Jr~•:`~:~;
f
c;}' ~
~ o~f
F~wt Ptuce. AND RECORD~~',-~,a~~-i;:;~i:.i..•'.~~~
F~~EO
~ F°.' r'~'u. Fb"d' ST. IUCtE COUNTY. ~CA;-. .1:~'~ ~:14, ~
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r f~ ~ ~1.9~.~tJV6
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~ This Instrument Prepared By RiCha?Yd dC• Kayes •
~ First Federal Savings b loan Association ~4~,R ~ 3 PM ' 26
~ • of Fort Pierce ~ Flor ida `~~~r,v~~
~ ~ - l:C~-._? f=~~i7P.~S
~ Chedced By r. C~ERK CiR~UIT COURT
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~ so~K 183 ~~~~4 ~ - ~ .
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