HomeMy WebLinkAbout2035 r' j : • ~ , • : .
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to plaa ~nd contMw~ou~lp kNP on th~ bvl~ eow or IwN1+M WwN an uid t~nd and on ~11 ~qirlp~n~n~ «+d pK~awlh aov~nd b1l
~ wi~h all p~~nlw~ Nw~a+ P+fd in i~+q~ •fin dawa~o~ tn N» u~wl ~tand~rd Pd~11 (au~, in ~~wn ~PP~owd b1? tM MORtGAGE4 a+d wMwi~~ani
N~wano~ N~ u~wl N~Mrd Oolicr fon0. M~ wn~ ~PProv~d M? th~ M~O~iGAtiEb in wd~ canP+^Y a oo~e~n~ ~ M» AAORTt~Af3EE n~
~dt aed aM fir~ and wind~lo~~ traw~na P~ ~+~1? d~ bulWiiql. ~M? Nrnin a p~t Il~wl. in tM ~ppr+Wh ~wn ~faNrid or
M Woo~a N~+o~. ~hall ~oMaln tM ~wwl st~+d~rd ~aa~i+y~ daw~ a wd~ o~ha clMiw M iM Mo+~p+Y~~ ~ n4~?in~. nuM~^Y tM tas waM? ~aid PotE
dN. ~ and ww1?. Wf~bM to faid MOitTGAtiEE as ia lnIKN1 n~t app~n. and NtA and ~w.~? wd~ Pakll shall b~ Ma^P~hi a+:~^~ M+d ~livind 1e
an~r MW by s~W MORiGAl3EE N fw~hK s~owNY a Mid nwrtpap~ d~b~. aod, no/ Iw Mwn Nn (10) d~~rs In advana ot tht ~~pintia+ oF Nch polih?. b dt
li~ b wid MORTC'sA~iEE a nmwsl tMhot. 1opN1~ M+MA ~ nuipl ~ot tM pr«ni~Nn oi wci~ r~w~l~ and Ii~~ ~MII io~ no f'w~ a wi~dt~am iMwana
plaad on an~l of s~td buildinp~, ~ehr InNrMt th~~in o~ pwt tiwnof. unlNS ln N» iam ~nd wit!? tl» loa p~tl~bM a~fa~id~ ~nd M tM ~w~w ~r wn~
01 mw~y b~a+w~ pqr~bN wwMr wd~ polkY a oolici~s s~id MORTGACsEE sMN Mw th~ op~ion w r~aiv~ and epplp tM sanw on accoun~ of tM i~bad
mM Mound IMr~ a b p~il wid AWRTGAGORS 1o noeiw and.uM if o~ ~r Pat fMr~of for other qxpaes. wi~hovt thereb/ waivi~g a Mnpair.
Inp ~r puih. 1Mn or ripAt wid~r a b~r virn+~ of tNs ewrqap~t ~nd ln dw ~wn1 ssid MOkTGAGORS ~h+N fa any rwwn bil b kNp Nr wid pn~+itW w
In~w~d. or (ap to ddiw~ P~~OtN ~^1? oF s~id Pdic~s d M~wana b s~id 1NORTGAGEE. a f~il promptty b p~y fuW Premw~n tM~tfor or h~r
rap~d fall b paforn~, di:cF~up~. ~xscvf~ tH~d. compMN. oomply wi~h and ~eid~ by tld~ oowe+nt, a any pa+t Mnol. iaid MORTGI?GEE ~r plra ~nd
p~y fa wd~ MMUrano~ or arq? p+A 1Mr~of without v++hri^0 0? ~fhctlnp ~^f? opioR INn, ~4~+n1?. a riplu urd~ a by virtw of this Mwp+p~. and th~
fuU wtoaN d~acA and way wth paym~rN ~MII b~ i~nMdiddy dw w~d pyabb and shrtl btsr inNtat fran tM daN N~etwf un~il paid N th~ wN d
nkr pa pMwn pK ~vwm and IopdFw~ with wth htK~at aMtl b~ t~tvnd by th~ li~n of this nwrtp+~.
1. To pKrdt, aonwdt ar wff~? no w~st~. N~p~m a d~t~rioration of said propKty or ~ny pat tMrwf.
S. to pay all and stnpular th~ cosh. clwp~s +^d ~xPK~. k~d~^Y • rwawbb +tarnw's fN and aosn of ~Mn~cts of titl~. kKVned a p~W at
~ny tim~ by s+id MORiGJ?GEE. b~cws~ a in t1~ went d fM faih?n on th~ pa.t of thi
s:td MORTGAGOR a duly. Vro^+Pt1y and fvllY p~rfom~. d~schuq~:
~x~wt~. tff~d. oomPl~q. oomplY with snd ~bitl~ by tach a~d wKy th~ sti{wl~tioro. p~NS. twiditiaa. and aovM++nls of ssid promisso~ry nW~ and thb
iewr~9+q~ +nY a ~itl~. and wid oost~, eharQ~e+ +nd ~xP~~, esd~ and w~ri slwl{ b~ i~diaNly dw ~nd pay~bNt whetMr or oot N»r~ b~ ~otiu dr
nund. •nMnpt ro ao1Ma or wit p.ndinps ~nd th~ ivll «no~f of ~acA aed a+r~?p such WYm~m s~+~k b.,r in~eresf from ~h. eMn Nnreof umtl pid tl ri+.
r~M of e~ per antum per amu~n: and all s~id oosh. chx~e+ +^d ~xW^s~s i~?aund or piid, topNMt with such intensf. shall be wared by th~ li~n of ~ha
Rwrq~y~. -
6. 11wt W in the ev~nt of am brNCh of this Morpay~ w default oe Nr put of th~ MORTGAGOR, w(bD in tM ewM iny oi wid wms of moaey
her~in nt«r~d eo b~ not rxo~r~?b and tvly patd within thirty (30) d~yi next ~fter tfi~ sam~ aevtralty b~come due ~~d payabl~. without d~mand or notic~.
or (c~ In the wsm ~xh and wery th~ stipulatioer. +9n+m~^». aad'itiau ~nd covs+wnb of said promiasory awte snd tha mort9aye any w sitMr ar~ no1
iuh?. PromP*~p u~o *wn p~+fa^~d d~hu~d. ~x~outtd, effeclsd. oomPbt~d. can~li~d with snd ~bided by, thM in eitlw~ or aoy such ~vrm th~ aid a~
pnysh wm n~atia~ed in s~id p~omistwy noM than r~iiw+p unP+it1. with intutst ~arvsci, ~nd ~II rna~tys secvred her~by. shall beoo~t» dw ~nd WY'
able (atMvith, w Mar~sfta. at tM option of sad ARORiGAGEE, as ivlly sed compbtely +s ff ~II of the ssid wms of nan~y wera o~gin+lly stipulated
ro be-pa;d.on wd~ day. sny~hkp ys ~a;d prom;uory ~ or in ti~s AAwtp~pe to tM oonrrary ~otwirhsundi~+p; and thera~ipon or thereahar af tM option of
~aid MOitTGAGEE. withoirf notiu or d~mand. wit at Isw or in sq~itY, therdon a fMreaher bpw4 ~+Y ~ P~~w~ as if ~II nwneps secw~d Mnby
Md fIM1Wad prior ro itf irMtittNion..
7. Thrt in the awM that ~t th~ b~yiminp of or at sny t&n~ pend'rg +nY-suit epon this Mort~. a to foreclas~ H, ot to refwm it. a w~nforu'
payment of u~y dsims ht~wndi?, s~id AIYORTGA6EE shall ~pply to the Co~rt Mvirg jwadrction the~wf for ths ~ppointrnent of a Receiver. wch Cow~ it»II
forthwith pparo a ~ewivN of said mort~d propKty dl ~nd sirgvlar, ind~du+p sll and skgvlar ths-1noo~ne, profits, issuss and reverwes hom whattvK .
wura dKiwd, sach and every of which, H beiip aqpressly undarstood, a hereby mo~tp~ged as if sp~cifically s4t fwtF~ and dewibed in tM ~antirg and
habarwlwn dava~s hsrwf. and wch Rea~iver sh+ll h~v~ all tFw bro~d and sffective f~nct~ora a+d poMws in +nyw~se c+?trvsted bp a Court to a Recaiwr. ~nd
•~ch appointment sMll be m+d~ by wd~ Court as an admi»ed eqvity ~nd ~ m~tter of absolvte ripht to said MORTGAGEE, and wi~l~ou1 ~eference to th~
+~1~ a~+~4~++~Y of th~ v~hr~ of the P~aPMY ~q+~d o? to ihe sobe,ncY{_a insdve~cY oi said MORiGAGOR o. the defendams, and that wch
ren~s, profits. income. issws ad r~venu~s ~11 b~ spplled by wch Ra~oeive~'~aowd~+y a th~ (an or eqvity of ~aid MORTCaAGEE and tM practio~ of wd~
C.ourt.
a ro duh?. won+ptiy «,d f~~y puf«m,. ~schs.y.. .x.cut., ~Hsc~, aompls~•, eomplr with .na .bide by each .na every rh. sfipulations. +yr«ma+ts.
co~d'dions and ooverw~ts in said promissory note ard=~is mortpsp~ sM forth. _
9. Thst in the evem the ownenl~ip of tfM mort~~ped premi~s,, or ary psrt tha~eof, becarnes vested in s penon other than the MORTGAGOR, th~
MORTGAGEE, its wasssars and astiyro. maY, without nol'~oe to th~ lMORTGAOR, deal witt~ wd~ siiaessw w waessor in iMerast with roference to this
mort~ps snd the debt hereby secwed in the sanw mannu as with Mwtpapa witMvt in ~ny way vHiatug or discl~srpirg tM Mortyagws' Iiabilitr herr
urxler w vpon the debt hereby secwed. No s+k of the premises hereby morl9+ped +nd no forbeara~ on iM par~ of ths AAORTGAGEE w its s~coessors .
or au;gro ~nd no extensan of the time for the psymeM af ths debt heraby secured yiw~ bY the MORTGAGEE or in wcoessas or sssipns, sh~ll op~rat~
ro rekas~, disd~u0~. modifY ch+^pe or aHact tl» aipinsl Ii+bilAy qf tM NYORTGAGOR hsrein. ~ither in whole or in put.
10. h b specifically agreed that time is of tFw essence of this contraft and that no waiver of any obliyatan herevnder or of the obli~atioe ie-
cwed hereby shall at sny time tF~e+fier be held to be s waiver of ehe ~em~s hereof a of the &~strumem sewred herby.
11. In addition to tF~e farego:ng monthh pay~tnents of princ:pal and interest ~ired the prom~ssory note secured herebY. ~9~ ~^~^K
and agrees ro pay to moriysgee with exh monthlY psYman~ ~n sdd~tionsl wm atimated by mortgsgee to be eqwl ro 1/12 of the annua{ cost of the fdlow-
in9: . -
A-All reat property~ ta:es le+ied or assessed +painst ~the sbove describad real estata •
B-Premivms on fire and windstorm irawance as herein requ:red to be carried on the improvements situate on the above desaibed ptemises.
C-Prcmiums on such morigage yuawnty irowanos ~s mort9syee slull from time ro time deem fit to carry on the loan secured hereby:
Allwtgagee shall from time to time notify mortgagor in writing of the anamt due and payabk hereur~der and wch wm shall thereupon be d~e and
paYable on the dve date of the ne:t monthlY payment u~d each suocessive month ~ereafier until mwtgapee shall notify mortgsgor of s-chanQe in wch
anrow~t. Such wms shsll be spptied by mwt9+gee toward the p~yment of real property taxes, irawsnoe prem:ums, and mort9aye pwraMy imwance
premiwnt. .
~ . IN WItNEbS WHEREOF, the ssid MORTGAGOR Fw he~eunto set his hand and sesl the day and firsf afaesaid.
Sipmd, S~alad and deliver~d in the pr~nn oh
W~'t.I18 IIR:@ • COtr ~
- ~ • u-~-cs..n
~i.~ness { ~
.
STA7E OF FLORID`'~~ )
J 1 ~
courmr oF f'
-J- La~nence H. _Waleott .,,d
,,Rsf~±~`~4 _ ~P~+~
- ; ~ ~OI]8 M. ~ZCOtit. '
his wife, ro me well knawn ~nd known to me to bt
~f ~ :lnd who ~x~wted the for~pow~ hstr~ntL
ard ~ckrawkdp~d beforo me that tFiey executed ths same fw th~ purposas
,:-L . - . r . t(i@fl8 A• TI1~81COf'iti
~ " f,.= QC6 • - i~on • a~parst~ and privat~
: ~~Par~t~ and apsrt from ha s~M lwsb~nd, adu~o~wbdped w ad b~fon me thst sM execut~d ssid irotrument, haely and volurt
~ . ~ir~r~mrtp~rbioA, caatraiM, appr~y~'or fur of w from ha wid husb+nd.
~'~,a ~~ind offkial sNl this d~y of /1. D. 19~
~ --'~i:..:.••~" ~Q" , ~ , _
r FILEO ANO RECORDEO`
r~~ ~Q~`~p ~ J Notary Public ie ~nd fot the Siats af Hwida ~t larpt
' - ST. LUCtE COUNTY, FI.A.
,.'~•r~~~te=tt ,.`.5:--1.. RECORn V~RIFlEO N?y t°"""""°" "`P""'
. ~ `Retwn Ta ~jry ~It, stil! ~ RMI~ i~ ~~f
wa~~r~.a~.i s.,,~, a~«, 195'7l2 ~ ~o~,-~~a E~a M+tr 2, t974
Fwt P at, Fbrida ~~O JU~, 9 ~ 9•' f ~0'~ A~~~' Hw i C~I G.
This Instrument Pre r
Pa ~4~E ,Rk'abRi~~~ S
First Federal Savings d~ Loan Aasotiatwn
of Fort Pie~ae ~ FlOrida
Chedced By pa
80~~85 ~2l~7 ~
~ ~
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