HomeMy WebLinkAbout1698 _ ~
3. To p4p and oontMwoudy kNp on tM aut4W~ +ww a Mn~f~ Mw~M oe s~ld land ~nd on sU ~qvipnw~t ~nd p.~onsly oowr«i b~r N~k wor~
p~ wMh d1 prMr~iwm ~Mnon p~id in fu11, fin Mrwana in Hr wwl u«d«d Po1kY fan~, in a w~ approv~d irtr My 1NORjW?GEE. and w+~dNora~
MMUrM~o~ In IM uswl Wand~~d polity fonh, M• wm approrrd b1i liM MORTGAGEE. M tud~ ~onp~r or oon~P+iws IM MORTGAG~
dlnc~t ~nd all fin ~nd wied~wnn Mrwana Pak3~ on a++1? oi taid 4uiidir~, +n~? inNnN tMrtin a pat tMrfof. N ~M pOrp~b ww~ ~fa~s~id a
in ~ tlMno/. sM11~ sontatn ~M wwl a~nd~rd morq~ ci~w~ a wch o~M~ cia~a~ M Nr Map+vN m+t? npu~rw ~~q tl» ioM wda sad poli~
dM. ~ach ~nd wKY. WYaW~ Io ujd MORTCsAGEE a tN iMKaf nMr ~ppwr. ~nd ~ad~ and ~wry wd~ poak~r iMll b~ proep~b as:9ned aed ~livrnd N
+~fr MW b~r ~aid MOrttW?GEE a fanh.r ~cwfir a aaW ~nar~pap~ d.b~. aod. na ba d+~n tsn (10) d~yt in ~dvana oi th~ •apir~tion ot ~ po~~cy. w~
Itva a uid MORTGAGEE ~ r.n.wa~ eM~.of. top~rM? witF~ fa N~e phn~ of wd~ nMwat~ ~rd ~1wn sMf1 b~ ro fin or wi~+d~~aw? lnswano~
P++ad on ~ of sald bvildM~p~. uiy inN~Mt tMnin or put Nia~of, vokss in ~M fom+ ~nd wHh tM bas p~yaW~ as aMe~fd~ ~nd in Nii ~wiM an~? a~
of mon~y b~con~ p~yabM wwl~r wch polky a policia wid AAOkTGAGEE sMll IMw th~ cM~p? b na+w and apply th~ san» on Ka+wa oi fM M~Nd~
nNS s~ow~d Mr~ a a pKmh wid MORTGACi0it5 ~o naiw and vw B ar a~y part tl+~r~oi fa ahe, pwpose~, wi~hwt rha.eb~ waivi~q w unp.K-.
~+~Y ~h. li~n a ri~ht ur~ a by virtw d Mis mat9+~p~~ M+d b~~wet Mid MORTGJIGORS +h~ll fa +ny ~~+sa~ t~il w kwp tht .aW pr«niws so
in~w.d. a 4n a d.liw. prompth +mr of s.W policia of iM~«+a a said M~OItTGncsEE. w f.~t w~wb ~ ar ~thr «~r w«n~um the..fo. o. in .np
nsp~et tsil b p~rfonR d'aehu~t, tx~ewt. sN~d, eanpl~ts, aomplY wUh ~d abi~ by Hw oov~nant. a ~enr p+r1 M~aof, wid MORTG/1GEE m~y pba and
P+Y fa wd~ 4aw+no~ a~r p~rt tMrwf without w~h~inp or ~ff~6g «+1? oMion. IiM, pviry. a ripM w~ a by vinw ot this and ths
1vU anaw~t of taeh M+d ~wry wd+ p+rm~nt sh~tl b~ iemMdi~Mly dw and pyabl~ and shall bav lntK~st fran tiy daN ther~of wuil paid N th~ raM o1
nin~ pa pntwn pN annum and toyelht~ with s~ch inte*~st ~MII b~ secur~d by 1M li~n of thia enorl9p~.
1. to p~ir. oommit or wffa i+o wast~, Ynpairma~t a? d~tKioation of uid prop~.ty a any p~n tMnof.
S. To pay ~II ~nd ai~pul~r th~ oosta, elw+p~a and ~xp~rws, indudinp ~ nason~bl~ ~noreNy's fei and owts of abstrxts of tittl~. Incwred or p~td ~t
~~V ~ M? said MORTCiAGEE. bca~n~ a in tlr evacf of ths failw~ on tir i»N of tM ssid MORTGAGOR b duly, pro~~nptty and fvl~ll P~a~4 d~sd++p~t
~x~an~ ~ffed, aomplea, c~omplr wi~h and ab+d~e by .ad+ and way rhe sr~pul.riom, agreanenn, ca~diti«r. +ad oowrNnn of sad pomtuory oae and rhb
matpap~ +~W w NtM?, and said ~sn. d~uy~s ~~d expern~s, ea~h ard way, shatl b~ irrn~diatefy dw snd piyable: whether o~ no~ Mer~ b~ ~wrioe d~
nwd, aaempe ro cotkcr a wn P.nd~np: and rh. full anw„m of .e~ch sad w.ry wd+ paym.m sl»II bw ~?~e?as~ f.om the dai~ ther.of ~ntil p~id ~t the
rste of nin~ per oeqtkm par arwx~ms aod aH aid oos», ch+rp~s and ~:px?sea inq~rnd w paid, topNher with svch ir~t~rest. shsU bs s~ow~d by th~ lien of tFw
mortp+y~.
6. ~hsf (a~ M fhi irent of anr b+~ach oi this Mort~sgt or default on tFr pa?t of ths MaRiGAGOR. or (b) in ths event ~y of s~id t~mt of nwney
herein nfer~~d to b~ not promptly and fully psid within th'uty (30) days next sftef tFK sams tevaatiy bsoon~s dw uK! p~yable, witho~A demaod ot tw~io~.
w(cJ in rhe event .ach .nd •wry tF,• stipul~rions, agraeawnn, cond+'~iau u+d cove„ann of sa;d promissory eote ~nd th;s mortqaq~ anr a either m oa
iu~Y. P~~PNY ~nd fulh Pe~fo?med. d~pad, ~xeM~d. ~ff~cted. compl~ted, complied with ud sbided by. then in either w anr wch twM the a~id ~
prepm sum mentia~! in s~id promiuwy note the~ ramsininp. unpaid, witf~ interest acuued. a+d alt moneys secu~sd he.~by, shall becwn~ dw ~nd WY
abk forihwith, w tl~er~aha, at the option of said MORTGAGEE, ss fully and• compl~tety as if all of the said wms of maKy wer~ orginally stipul~ted
ro be paid oo iuch d+y. ae?ythiny in ssid promissory rwte or in. thb Mortyaye to ths cont~ary rwtwithstudin~; and thereupon w thereaher at the option of
said NWRTCAGEE. withovl natic~ or dsmind, wit at law a in eqvity~ }IIltl~Of~ Ot 1IMfNNK be9un, may be prosec~ted as if all mo~sys a~cv~ed her~by
had matwed aw. to in irotiwrion.
7. ihat in the event th~t at the beginniny of or ~t ~ny time pendu~y any wit 4pon Ads Matgag~, or to tor~clos~ it, or to refonn h, o? to enfora
aayenent o~ ~ny daims hereundK. said MORTGAGEE shatl ~pply to tlie Cowt havinp jwisdiction the~eof for the appoinhr~ent of a Receiver. wch Court sh~ll
fortlwvith sppoinl a roceiver of aaid mortg~ad. property sIl and sinp~la?, inctudug all and iu~gulu tM income. po/iq, iswes and r~venues from what~wr
wurc~ derivad, each and every d which, N beinp ~xprasly unde~s~ood, is Iweby mortgsged ss if apecifiulty set forth and ds~aibed ln ths pran~inp ~rad
habMdurn dauses haeoi, and such Recsiwr shsil haw all the boad and effective funa~a?s and powers in anywise entrusted by ~ Cour1 to a Recsiwer. and
wch appofntment shall be nud~ by such Caxt ~s ~n sdmitted equity snd a m~tter of abwlute r'ghf to said MORTGAGE~, ~nd withoet rcference b th~
adeqvacy or h++deqwcy of the vslu~ of rhe propsrty mort~ay~d or to the solvency w insdvency of s~is{ MORTGAGOR or the defendants, snd th~t wch
rents, profiq, ineome, issves and rwMUes sh~ll b~ spplied by wch Reoeiver accordinp to the pan or puity of s~id MORTGAGEE and the practia of wcA
Coutt.
a. To duh. P?~+P~h? and fvUp P~rfam. d'ptl~a~ye, execute, effect, oomPkte, oornply with and abide esd~ ~nd
conditans and wvenants in wid promiuar not~ and this mort9s~ s~t fath. bf~ ~~Y ~~iP~+~+~wi». aDreamants.
9. That in th~ ever.: tM owne~ship of ths morep+ped Premises. w ai+y part tF~ereof, beoo~nes wst~d ln a parwn Wh~r thin +I+e MORTGAGO-sR___th~
MORTGAGEE, ifs wccesson and assipns. m~y, witiwut notitt to the AtpRTGAOR, deal witfi such s~aesso~ a waessor in interest wiM refaence to thia
mon~ and ~he del~ hereby ssc~red in tM s~rne m~nne. as with Mortyayw wirhow in sny way vitiat&g a d'aci~+r9kg the Morty+9as' Il~bi~MY Iw~-
u~der or upon tF~e debt hersby secwed. Ne ~ale of th~ premises hereby mortyaged and no forbear~e~oe on the p~rt of tM N~ORTGAGEE w its wocessors
w+uigns snd ra exrension of ths tirne fa tFa psyme~t of the debt hercby secured prven by the MORTGAGEf or its wooa~ors p atsipns, ah~ll opuat~
ro relsase, dischsrpe, nrodfy cl?~rge a affect tMe wiginal 1'ubility of the MORTGAGOR herar~, eithst in wiwl~ or in part.
10. It is specificslly agreed that time is of tha euence of tha oomrsct snd th~t no wsiver of ~ny oblig~tion hereunde~ or o{ tiw oWipation se.
cvnd hsr.by shati at any rime rhereafrar be held ro be a waiver of rhe ~emu he.eof or of ths instnKnent secwed herby.
11. !n ad~tion ro t1+s fatr8Q~~4`~th~Y P+Y~~s vf winc:Pa~ ard interest required by the promissory rate secured hereby, mortg+yor oownanb
and agrees ro pay ro mwigagae with each rranthly payment an addition~l wm estimated by matgagee to be eqwl b 1/12 of tlx aixa?al cost of tM fdlow-
'^9: -
A-Atl real prope?y faxes levie~ oi assessed agairnt the above desaibe~ real estats. ~
B-Premiums on fire and windstwm iruwanae u herein ~equ'ued to be car~ied on the improvsrnes~ls sitwte on tbe above dewibed premises,
C-Premivms on wd+ mort9ays 9ux+~tY inwra~ce ~s mort9agee ahs0 fr«n tia~s to time dewn fit to carry ccn ths ban secored hereby.
Mortgagee sha0 from time to time notify mortgagor in writing of tf~e amount due and psyable herevnder and such wm shaN thereupon be dve tnd
payable on tF~e due date of the next monthly payment and each sucoessive month theresher until matgapee thall notify mortgaQw of s
amovnt. Sud+ wms shall be applied by matgagee toward the • a~
p~yment of reaf property tues, i~vrance prem:ums, and mortgipe 9wranly inw~a~e
N WlTNESS WHERE the said MORTGAGOR has I t day and year fint ~fotesaid.
s~~«~. ~a ~,w ~ E~~~i~ LA : ~
~ 4
_ R~:COR!} VERIF1E0
,
19 ~4$1~ -
. ~'TO JUN 30 PM 3: 37. - ~
STATE OF ~FLORIDA
GOUNTY OF L~.IB ~ ~ Ci ~ R F~0 ~ RA S , .
6efare me P~N~h/ ~PP~arod C~~~~~Q~i
~nd
~.ll~s .1. B~D~: Ns wife, to me well known and known to ene to b~
tM indiriduab described in and who euecuted ths forepoirg irntruen~nt, and atluwwlsdysd befoh mt that they txstut~d the sams fo? the purposes
tti~.k, ~p„ss~d. ,~„d th, w i.~lia J. BatnQs
of n» ..~d Wush n~ton H. Barnes
exarnin~tion by me taken separate and apan from ha said M»band, uPo^ ~ kprat~ and privatr
acknoMrledped to aad befoh ms N~st shs executed said imtnm»ru fr~elr and voMin-
qrily +rd withovt an~r tomP~+bion, oor?strsint, spPrihaaioe, fear of ar from her wid Iwsb~rd.
VYtTNE55 my.hind x~d officisi s~al *1•:s ~ d T~ ~y ~ _ A. D. 19_1Q
_ Hotuy Public in and for tM Sta» of Florid~ ~t Lary~
- _ My Co~rnasan ~xV~?~s:
Return Ta " 9LIC, 3TAT!' ~f F~AR10~ AT LARCE
Fitst federd Sav;rg~ i loan llswciation : Scai}.ut,t~ h- ; NOUlItY rU
;~{?4-,. ~J','~41~ MY C~~~IMIS~I7N D(PlRE$ SEPT. 23, 197~
Of FOI~ Pierct. ~ ~ :~L~i~ ~ ~
fwt Pierce. Flwida . ~ ~'s •
. : ~ ~
~ - •
~ : c ~ ~ ~
e, ~
~ , ~ ~
This Instrument Prepared By JohD W. : C~?~~`~-~, r=` '
First Federal Savi % '4 ' .
ngs b Loan Association *>;,,_1::_~ •
C,_
~ of fort Pierce ~ R2o=ida~ .
~ .
Checked By - ~ : - .
• ' 600K185 ~,~~699
~ ~ ~ ~ 1
~ ~ . • ' . ~ ~ ~ ~ ~ 4 1
- _t - ' ~ ~L''
r3