HomeMy WebLinkAbout0874 Te pi.o. «id ooM+iwowM 1~? oe M. aa~. now a h~r..h« ~ on uw Iwid .nd oe d~ .~uipn~«M .ee p«+o~+.~h cov«~ a M~M ~wp!
pR wMA dl P~ Ilwnon p~id in f~11, fir~ irnw~na in NN wv~t W~edad PdKtl fan~, in • tu~ Wpowd bY th~ MORTG/?GEE. aid wind~~oet~
Mwwsna in ~M wwl ~anoKd Pa~c11 ~ in a wm approwd b1? ~M MORT4AGEE. M wch oo~ryNnp or oa*P+iw~ a Ny MORTGAtiEE• w~
~ine~t Md ~q M~nd wie~to~iw Y?wrM~a polieiM On ~ny ol s~ buiWinpl~ ~ MNrNt thMNn a prt tlwwf. N 11» pqrep~N ww~ a/vnNMi ar
in tlwwf. ~hall oontain ~M uwal a~d nwrq+YM dauM a wd~ o1Mr dww M tM Maq+pM nwtr nq~v~. n~MO N» ~oa uedu sad pe~
cia. ~ach ~nd w.rY. P+Yabl. b uid MORTGAGEE n ia inara~ .pp~M. .~d .~a w«r wc~ Pascr .n.~~ a a«~w~h ..s:~ «+d d.~wnd a
~r htW by wid MORiGAGkE a hxdwr NcwM ~o wW morqap~ d~bb a~d. nw Ma ~h~n Nn 1~0~ d~ys In ~dvana of t!r ~xpir~tan o1 Nch polih?. w~-
NvM 1o saW M~ORTGAGEE a niwwd tMrwf. wYNhn with i nt+ip (a the pnn~ium ol wd~ r«+ew~l~ and thK~ shail b~ ~o f~n w windsronn i~rw~na
plaad on anp of said butldinp*, ao1? htanp th~nin a part thawi. unba M ~M ta~n and with th~ loa p~yaWe a afo~~s+idj a+d in d» ev~M ~ wiw
of na~ey b~oonw~ p~raW~ uedM wcfi polky o~ polie~ aW MOitTrsAGEE sMll h~w th~ -option w na+w w~d ~pyhr tM s~re~ on +4ww+t d th~ M~d~b~~d
~a wew~d l~~by a ta pKmM wW MMtTGAGORS ro nalw ~nd us~ it a~ny p+r1 tMr~of fa otF+e~ pwpo~es, wi~hout ~F~e:eb~ waivi~q a rnpa'a-
MO +M~ ~b. Nu~ a ripht wwb~ a b~? vklw of tl+is nart~pq and in tM ~vrnt s~id MORTGAGORS sMll for any na~on fail to kNP th~ wid pr«niNa w
Gaw~d, or fNl b ddiw~ P~~WN +„f? d ~aid policiu of i~awana 1o Nid MORTGI?GEE, a f~il promptly b par tully +~Y Pr~miwn tFw~fw ar M~
rap.a fatl b p~rfonn, d~aciwp.. .x.aut.. •H.ct. aand~M. aomplY with ~nd sWd~ b1? tl+~. oow~+nt, a.ny pa.t Iw..of. said MORiGAGEE ~n.y p4a .~+d
WY fa w~d~ k~w~no~ or ~n~? pirt th~nof without waivinp a ~N~ctin0 +eY aMbn. 1Mn~ Wuib. p ripht w+dN or by vi?tw of this Mortp+p~. ~nd the
tu11 «na,m oi .ad~ «+d w~ry wd+ p.ym.~ s1+.11 b. inrnad~.My dw .nd py.bl. .nd ahatl b..r w.r.s~ from rh. d.a ~ha.of umil p.id n N» •au d
nier p~r antwn p~t ~e~+wn and topNha vrith weh int~nst sh~ll b~ wewed by fh~ li~n of Nss n+alp~p~.
t. To p~rmit, ao~rmit at wffn no wa». NnpaineeM a dNKior~tan of wtd propKty a1 +np Part tM~wf. .
S. To p~y ~II and sinpulr th~ oosfs, clw~pa and txp~ns~b indvd'~p ~ n++oi+~Ws anonal{s fN and oosb of absnacts of titl~ incwr~d a p~W ~t
any tan~ by aid JMORTG/1GEE, b~cwse a in th~ awro of tM f~ilun on th~ p~t of ~M said. MORTGAG01t w duly. Pra++P~ly snd fulb P~rfor~. diKh+?9~,
ezeMa ~ffset. oanple». c~anplY virith ar~d ~bi~ bp s+ch and ~very th~ stipulatioro„ apreimenM. oondition~, ~nd oovenann of s~id promissory ooh and th1~
mort4+p~ ~^Y a~itMr. a~d ~id aotla, dwp~s +nd ~xpNau, eah ud ev~y, sh~ll b~ annadiat~ly dw and p~yabir whe~he~ w ow tMr~ b~ notia dr
~nand, stt~mpt to aoll~ct a wit p~n~~ aed tM ivll amown of•~sc1? ~nd ewry wcA paYmMt aMN bw inter~t from ~M daN thsrwf until p~id at th~
~ate of nln~ per antwn px anwm; and afl s~id costt. cMrya and ~xWnw~ incurr~d a p~kl. top~tha with wch inta~st, aha~l b~ s~cured br tM lia~ of Nw
malaap~. .
b. Tiwt M the ~wet of any br~ach of Mis Matyaq~ or d~fwlt on th~ p~rt of tM NIORTGAGOR, or (b) in th~ weet u~y of ~aid su~m of nwMy
hereL~ r~ferred to b~ not promptly and f~lly p~id withh tliuty (30) days Mlt1 affN ~If! faf1N ifVtfillY bOC0111O fJtN aflfl PiyiWf~ V11~iIqY1 dlrMMJ O? t1Ot~tf.
or in tAt ~vent sach and ~wry th~ stipulatior~„ apr~emt~ts, oaiditions ~++d oov~n~nts of s~k! promisso~y nota aod this mort9s~e anp o~ eithK u~ nol
iuly. prompty and futy pKfo.med, d'ncharp~d, uucut~d. eff~c~ed comPl~Nd. compli~d with ~nd sbided by, tlwn in eifher a a++y wd~ awm tM wid, ap~
pra~t~ wm mentar~d in a~id promissory iwt~ then r~i~k~p u~Wid, with inte.sst swved, and ~II naoeq secwed hereby. sMll becan~ dw and WY~
abl~ forthwith, w there~fia. at th~ option of said AAOR?GAGEE, +s fulh? a~d compl~tely as if a~l of ti+e aid swm of mon~y we.~ aginally ttipv4ted
?o be paid on wch dsy. anythirg in ssid promissory noN w In thb IlhoHp~p~ w the oa?trary notwithstanding: ~nd therevpon or tF~ereaha ~t tM optan of
said MORTGAGEE. witFwot notice w d~+nand. wit at Iwv w in p~thl, thenfon or tl~eaftsr be~un, may be prosecuted as if all monep~ ~wnd hareby
h~d matwed p~ior to its institvtiOti .
7. TMt in th~ went that at tM be9innin~ of or d ~ny tinw pa~d'inp ury wit upon this 1Mortpa~, or M foreclow it, w to reform H, w fo. anforo~
payme~t of aery dsims herwnder. wd N10RTGAGfE shall apply ro the Court h~vin~ jw~sdiction ~hereof for tM ~ppo~nrment of a Receive~. wch Cou~t sh~ll
forthwith sppoinf a reuiver of ssid morty~ped properly all u~d sin~l~r. i+rc~udug +II ~nd wqvlw tM income, profits, issyn and rwenuss from whatwer
wwo~ derived, each and every of rrtwch,.It_ bsiop ~xpr~ssly wtderstoQd. p. herebY mor~9+ped +s if tpaciiiulty set forth ~nd desuibad in tM prantin~ and
hap~ndwn clauses hereof, and wcl~ ReaivK shall Mw all tM broad and effeaive functions and powers in snywise entrusfed by a Cowt to s R~ceiw~. ~nd
~uch sppointma?t sl»II be made by wch Gourt as ~n admimd eq~rity and ~ matter of sbsdute right 1o afd MORIGAGEE, and withaA rdt~a+oe to th~
adequ~cy or insdeqvscy of the wlus of th~ property mortpa9ed or to the soNe~+cY a inwlvs~cY of aaid MORTGAGOR a the d~fendaMS, and that wd~
renrs, profin, incoms, issves sed nvenws shall b~ appli~d by wd~ R~ceiva accordinp so the lien or sq~?iry ot said MORTGAGEE and th~ paaia of such
Caxt. . ~ " .
& To duly. PromPtly and Evllp Perfawe~ dixh+~q+: ~eusaite: tffsct, comPkte, oornplY with ~nd abids by sach and evsry the stipul~tions. +pneeneeM,
coeditiont snd covemnts in said Promis~ay noq and this mutyspt set forth.
9. That in the eveM the ownerihip of t6s e~ort~d premises, or-,~nY P+rt thereof, becomes wsted in a person oNia NNn the MORIGAGOR, th~
AAORTGAGEE, its wccessors ~nd iuipra, m~y, wi~hout notice iq tb~ MORTGAOR. deal with sud~ succeawr or successw in iotereat wi~h rofennce w tha
mort~ape ~nd the debt Mnby Nair~d in ths 3ame Rwrwr a with MaCq+por witlio~rt in sny way viti~teg or d~schuging the Mats~gors' liability Iw~-
under or vpon tM debt hereby seoured. No s~I~ of tl+~ p~em~sea hereby nwrtyay~d ~nd ro forbeuarw oe th~ puf of tl+~ MORTGAGEE or its'suocesson
or auigns and no extension of the time fw shs WYniam of the dslit hereby sscwed phren by th~ MORTGAGEf w its sucoeuors w usipns, shdl op~wte
ro reNast, discMrye. rno~EY dwg~ a ~fhct th~ oriyinal (i+bility of th~ MORtGAGOR ha~. ~ith~r .in whols or in part. _
10. It is speciRcally aQe~esd thN finM h of 1ht eaeno~ oF this cont[sct arid ttut rio wsiwr of any oblig~tan herwnder or of tiN oblipation ae-
cvred hK~by shall u any tim~ there~R~r b~ hdd to be a w~iwr of th~ tums Mr~of a of the iiutrume+n ~ecured herby.
~11. In addition to the for~go:ng mo~fh~Y PsYmenb of princ:p~l ~nd interdt req~ired by the promissory nWe secured hereby, mortgsgor covensnts
and ~grees to pay to mortgsgee with each monthlY paYrnent an addiiionsl sum estimsted by mwtyspee to be eqwt w 1/12 of the amwl cost of the fdlow-
A-All reat propertjr faxes kviad or asseasnd against the sbovt desvibed resl ptate. , '
B-Premiums on fire and windstorm inw~ante ss hertin requ~red ro b! turied on the improve;menb sitwte on the above desvibed premises.
C-Premiwns on wch mat9aps gwrsnty irawanoe as mwtg~gee shsll from Nme w time deem fit to urry on the ban secvred hereby.
Mortgsgee shall from time to time norify mortgagor in w.itirg of the amount due snd p~y~We here~x+der and such wm shall thereupon be d~s and
payable on the due date of the next monthly payment and esch wccessive month thereafter until mortgayes shall notify mortgagw of s chanpe in wch
~ amounf. Such swns shall kx ~pplied by mortyagee toward the payment of real properfy taxes, inwrance pran:wns, snd morfyspe ~varaaty . iewrance
{ premiunK. ~ '
j IN WITNESS WHEREOF, the said MORTGAGOR fi~s herernto set his hand and seal the day snd finf aforessid.
~ S~aled ~nd ~d in tFie prNenoe o~ ~
~
_ _ . ~
~ .
fS~h
STATE OF FLORIDA ~ ~
.~i • LtlC~B
COUNTY OF
defon m~ p~rwn~lly sppe~nd ~0~1BI''tr ~t?.611 ~
(ieorais Ritten hi. ,u~r., to ms wen known .~a known b ~n. w b.
rhe irwlividwb dewib.d in ~+d who ez.cwed the for.yoirg instnxn~nt, and scknowtedped b.foro m. th.f thsy e~cecubd tlr s~n», fa fh~ qxpa~i
therein ~xprtssed Md th~ ai~ d802~s ~fr~iAA ~
wife of tFw ssid ROtIBlfi ~titrBA - `~~~~1! ~ ' . ~id: privat~
examinstio~ by me t~ksn sepsrate and aps~t kom her s~id Iw~baed. aduwwledped b~nd before nw tFiat she ex~wtid~.L~~'~~j~~~ ~M~d~voiwt
hfl~y alld Wif~lOVt illy COf11PV~t1011~ 0011~1f~lflf~ Of fOY Of OI f~OfD EIN N~ fNlfbMld. ~~~s~~~~~~ i
.\~~~i~,r~' . .
WITNESS my Mnd snd offiti~l s~al thi~ Lfl%_ d~y of ~ 19
~TD_
FI ~D~AND- RE ' ' : : 0 ~ y~., ~ :
ST. ~.V C ~ E Ci 0 r ary Publit i~ and foF.l
.
RECORD VERlFIEO ~?y ~~a~:~ - ~
Return Ta. ' ~
F~ r~.a...~ s.,,~ a ~ 19488'7 _ • ~9fl
Of Forf Pierce. ~TO JUN t 9 AM 10 : I ~
Fort Pieru. Fbrids 4
J ''t- ~J~1~111~y,~
. G alJtl~~ . . ,
. RO~ER ITRAS
This Instrument Prepared By Jo~l~ t~d$L~1f1~T COl~RT;
Fint Federa) Savings 3 loan Association ~
• of Fort Pierae ~ FlOr'ids
Checked By ~ O R
~00~1$5 ~ 8~6 ~
~ f~~ ~ ~ ~ ~ ~
- - ~ . - _ - - ~ F ;
~
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