HomeMy WebLinkAbout2232 ~
_ To pbw and cawhwanlp kMp on ~M buildii+~ now a MnafNr ~Nu.N on wki bnd a~d on d1 ~qutpnxeN +nd pnwMlh cownd by M~N wwrp~ f
pw wNl~ aN pr~ rhw~on p~id in fui~ tin Wrvr~na in Me wwl W~wd~rd Poliep fw+~, N• wn~ approwd bt? Nr MORiGAGEE. N?d w+~wn~
1n~ur~na in ~M wwi uaedKd po1~r faruu~, I~n a wa~ ~pprowd by ~M MORTOAGEE. M wd~ ca~any w oanWni~ a M» MORTGAt3EE ~
~nth and aN fin and wk~duonw MNw~na policiN on ~w?y of ~ buildi~q~, ~ny hNn~t Hnr~in a pwt ~I+Nwf, in tM pprepaN w~w ~fa~seW a
in N~~wf. ~A~N caualn th~ wual af~nd.?d a~o?p.pN cl+uN or wd~ o~h~r c1auN a ~M Maf~pM ~*+Y rnivin. ^~dino tM 1as w~da sud po1F
ciM. ~ach ~nd wM1?. WY~ b s~id MORTGAGEE a iq innnM nw1? sPM~?. ~nd wch ae~d wKy a~rch polky ~hall b~ p~anps!Y ass:qMd ~nd d~Jiw~~d to
.n~r I»W by uW MOrtiGI~t3EE a t`..~a ac+wNy a ~aW morpap. d.W, +nd, na I~q Mui? Nn ()0) d~ys b.dvana of »~apl..tion of .+cl+ Paktr. a dr
1ivK b s~W MORiGAGEE •~wd tMhoi, top~tlw with • na3pt iw th~ pr~n~ of wd+ ~~w~lJ and ~Mn stwll b~ eo fw~ a wind~tam ira~anc~
P~~ad on ~nY oi sNd build'uqa. a^11 fnNrMt tMnin or pvt ti~wf. unMw (n ~M fo!~. ~ad whi~ th~ toN WYiWe +s stwKaldt and in th~ ewM aepr wen
of n~wwy b~caoa pay~bM w~ wd~ potiqr or pdiciK s~W MORTGAGEE ~MII hm N» option to nodw ~nd ~pply th~ wm~ on acco~nt of th~ ind~bad~
~s wtw~d I~~by ot b pKmi1 s~W MORTW?CORS b naiw ~nd w~ h or ~ny pNt tM~wf ta other purposaa, widw~t thxeb~ ~waivinp a anpair-
in~ +np pwb. Wn w ripM unc1N a by virtw of tNs mortpapq and in th~ ~~neu wid MORTGAGORS shaU fa any nsson fail b ks~p th~ said pnmis~t ao
Mnw.d. a. f.N a d.uw. aamWb of wid policiq of MqurM~ to Nid MORT(;ACsEE, w fai) P~~^P~~Y ~ WY ~h +~Y P«miwn thertfw a~, a~,
n~pat iail q pwfarnb d'esehwp~, ~x~evt~. ~it~d. oom~l~t~. aom~lq witl~ and ~biet~ by thi~ aova~+t, w M+Y P+n I~nol. aid MORTGAGEE may plaa and
P+Y fo? wd? imwwin ot a~? Pirl th~eroi without vwivinp a aff~etin0 ~nf? oWion, U~n. puih. w riphf w+da ot by vinut of this
Mw1p+~. ~nd tl+t
{v11 amaNM ol ~ad~ uxl ~vay wth p+rm~M sl+all b~ immad'i~hly dw ~nd qyabl~ arw! sh~ll bMr im~?est ham th~ daN tlareof untii p~id ~t tM ~~tt ol
~ PK Pw a+nwn a~d to~etlw with wth irtHrpt ih+l! b~ s~cw~d by 1!» liNn of Mis nwrfp~pl.
1. To pan?it. oo~nrelt or wff~r rw wate. Ln~»Lment a d~tKior~tion d wid propKty w any part thenof.
S. To pry ~II r~d sYgular th~ cosy, d~p~s and ~:p~nsa„ ir+~iudinp a rwpubb attaMy's- f~s and cost~ of ~bttracrs of titk. incwr~d a paid ~t
~ny tim~ by said MORT6A6EE, Mtws~ ot in Nr ~wat of th~ failut~ on tl+e put of tM said N4DRTGAGOR b duly. promptly ~nd fvth P~a~4 d~scha~y~
exewt~, ~ffad. cemPl~tR. aomplr with and ~bid~ by ~ad+ ud ~wry t!y stip~tioea„ +OreameMS. to~"rtloro. and wven~n~s of said promissory note and tl?L
^~WAf +^Y a~i~h~?. and s+id aoah. dw~ and expans~s, ead~ and ~wry. slwll bt immedi~Nly dve and paYaWts whetl+e~ a rwt ther~ b~ naia dr
e~+nd, attemp~ w colled~ o? wlt p~~d'in~ and tM full ~n+ount ot each sod way wth payment tMl!' b~ar inte+a~f f~an tM d+f~ thereof vntil p~id d the
rate of n1r» p~r tentum per aruwmj and dl sald tosy„ c}wr~ea and e:peraK ~nqirr~d or paid, pgetM? with suth iot~rest, shatl b~ sstwed bp ths lia? of tha
^~orlys~•
6. TMt (a) h the went of any brsach of N~is Allo?ty~ a d~fauit on the part of th~ MORIGAGOR. w ~b) ie tM evertt any of uid swra of moeey
hs..L~ nfen.d ro be na prompty ~nd fvly paid within thufy (3O) days n.x~ .Her ~M sam~ s~verally becane due u+d piysbls, without derrNnd a notios.
w W in the went each and. ewry the stip~rlatio~s, a~~em~nn, cond;tions and covtnsnn of said p~omissory note snd th~s mwtpape sny a either an na
i~?M. pranptty snd fvlh~ Perfwm~ discharped, ~xetutsd. effectad, oo+~{ehd, ton~pli~d with snd ~bided
preysa wm me~tia~ed ie said p?omissory noro then ~ioi bY, tMn in either w ~ny such ewnt tht wid a~
np ~eP+id, with interat sccruad, and all moneys tetured hereby. tMll bsaom~ dw uid WY'
abl~ forthwith, or thereafte~, ~t th~ option of said MORiGAGE~ as fully ud canpl~tefy ~s if all o/ the said wms of mw~ey were aiyi~ally stlpulaed
fo be psid oh suth dsy, anytlwng in Mid promistpy note or in. this AAortyi~e to th~ tontr~ty notwitlqtandi a~d thet
rg: e~rpon a thereafter at ths optan of
aid MORTGAGEE, withouf notice o~ dem~nd, wit N law ar in puitl?, tMnfon or tF~esfte~ be9w+, may be prosecuted ss if ~II moneys secured Mreby
had m.rurad prior ro~n irurirvt'an.
7. Tiwt in the e,rent th~t st the be9inniny of er st any t~ paed7ng ~ny wit upoe~ tha Mwtg~ge, a to fweclos~ h, or to roform if, or to enfo?p
payment of ~y daims herovnder, ad MOATGAGfE shal4 apply ro the Coun havi~g jw;sd~nron ~hereof fw the appo;nrment of a Rsce~ver, avch Co~A shall
farthw(th ~ppoint a receiver of said mortgaped property all and sirpvls
, includmp all and ~u the income
~oures derived, eadi u~d evcry of wFi~ch, if "^q°. profits„ issuea snd revenues from whatever
habend~xn dawes hereof, aod svch Recaiva sh~al~l~fwre
sll~ M ~ e~,~ if specificafly set fwth and desuibed in the yrsntinp ~nd
powea in snywise ent~vtred by ~ Courf to a Reoeivs~. and
suci? sppointment shall be made by wcl~ ~owt p an ad~nitted eqvity and a matter of absolute riqh~ 1o said MpRTGAGEE, and without refe?ence ro the
adeq~acy w insdeq~~cy of th~ valw of the property morty~ed o~ to the sohency or intolvency of s~id MpRTGAGOR ~ the defendants. u~d that s~ch
renrs; profirs, ineane. iswes antl revinws ~11 b~ applied b~ auch Recei,rer accad;np w the lien a puiry of said MORTGAGEE and the practios of wch
Coutf.
8. To duM, w~Pty and fv11y p~rform, dnclw~e execwe effact, oomPktc. cwnP~y with and sbide by oad~ a+d every the stipvlations. +g?eemeots.
` conditions ~nd coven~n~s in aaid promissory note ~nd fhis morryay~ set forth.
9. That irt the everet the ownenhip of the ~o~p+pad P?emises, or ~n1~ P+rt the?eof, becanes wsted in~ a peraon other th~n the MORTGAGOR, ths
MORTGAGEE, its wccessors and ~si,spp, may. wi~hout eo~ice to the MpRTGAOR, dsal wi?h such wccessor o~ su~ceiso? in infe~est ~,,,;~h reference ro this
mwt~~pe and the debt hereb~r secwed in ti+e sa~m m+rM+er ~s with AAwtgsgo? withovf in aey wap vitiatirg or d:schargirg the NbnQagws' liability hera
ur:de? or ~po~ the debt hereby secwed, No ssle of ihe premiyes h~reby naAyaped and no forbearanos on the p~h of th~ MORTGAGEE or its wecesson
or +uig~n and no extension of the time for tM payment of tM debt hercby secvred ~;vw~ by t(+e NIORiGAGEf w;n wuessors a ass;g„s, sMll opaat~
ro mk+se; d~sch++~. modifY durg~ o~ affed ths wiginsl Ilability of the AhORTGAGOR her~n,, ~ither in whole or ie put.
~ 10. h b specifically agreed that time is of the essence of this coMract ~nd that no waiver of any obligatan hercunder ar of ths obliyation se-
and }wreby shall st sny time thereafter be he{d to be. ~ v„s;,~er of the terms hereof w of the instrument sacured herby,
11. In additwn to the forego:ng monthly payments of princ:pal and interest required by the promissory note secvred hereby, mort9sgor covenants
` and agrees to pay to morfgagee w;th esch monthly payment an additioe?al sum estlmated by mortgagee to be equal to 1/12 of the arwwl coal of the folbw-
ing:
A-All real property taxea kvied a usessed syainst the above desu~'bed re~l estate.
B-Premiums on fire and windstorm irquranoe as herein requ~red to be urried on the improveme~y sitvate on the sbove dewibed premiKS.
C-Premivms on wch morf9sge 9wranty inwr~nce as mortgagee shall from YunR to tbne deem fit to carry on the ban secvred hereby.
Mort~agee shall from time to tirrk ~qtify mortgayor ;o ~,,,ritag of tFw amo„r,r due and paysbls hereuode. and wd, swn shall the~eupon 6s due ~nd
paYable on the dve date of the next monthty paYment and each uxcessive montA thereafter until maigsgee shatl notify mortgagor of a charge in wch
amount. Such sums shall be spplied by mptgagee toward the psyment of real property f~xes, inw~arxe prem:wns, ind ~wrtgage guaran~y ~nw~ance
P+emiwns- '
IN WITNESS ER t s~id INp TGAGOR hss herevnto set hia h~nd and sed the day u~d fint aforesaid.
~ FlLEO AND RE~t1~t-~~~ .
~ 5T. ~UC~E COUNTy, F~f:A:~` ~
~ ~ ~ REC~i~D VERIFIED - ~ ~
195$~+ ^,~:~~~s~~
a ~~;;.~,.n
1. ~ . r~- .,L n
'TO ~ ~ 9 , - .
JU_ ~3 • , r,;:;:
STATE OF FLORIDA • ~ ~ : c = ,'',~ii•,,
i 7-..J~~:.Y',~
~ = r<
cOUNTY OF - - St. Luci~ , ' ' ~ ';~:p o r_
- i , r _
-F- Y . '
e.fo.. m. P.rson.Ur •vw+~ _ ~ ~ .'-e~
R . . to me well Ikndrye'
ai+d' kwo~ivii 1b° ~
the ind'nidwl~ described in and who executed the fwa~o'wg irotrun~nt, and
+ckrwrvledged befon me that ~ey eaecuted fh~ sa~e • fdr ~
thersie ~xpressed, /~wi~Nw•~•~ ~
.
wii~.~f~flw~ii ~t.
M~~*
~r~tr'w~e~w1's'"a~i ~Mq ~w~w ~wr'.NNi ~w`aw~+~!~.rk~si ~o.wii id+ti wn ~t~l11~ nu~lei
Y ~'l~~i+~~Ar.owMw~M~~pNebsn ~fwr~.f-w~4w~w1n.++il~lu.b.+~ _
WRNESS my hand ~od offkial s~a! this__ iLr ~y .'A. 0. 14~Q.
.
' Notary P ic in ~nd for the Stat~ of florida at larpt
MY Comm~ssion ~xpires:
Retum Ta • ~
Fka F.dsrsl Ssvings d. Loan Iuwc~.r~on s,uTARY P4:3~SC. S~A1fE OF FLORtOA ~ WtaE
~ For/ P'~`~. MY CUA~ir3lS~ION FXPIRES HOV. ,/97l
FKt Pierce Flwids ' a~DEq ~Heoua„ F.RED Y~ o~eeTt~NOws:
This Instrument Prepared By Jtu~os D. Cbastain
First Federal Savings b loan Association
• of Fort Pierae ~ Florida?
u,~@d By • ~
_ 8~x185 ~~?3~
~ , ~ ~ ~ ~
- ~ . _ . _ _ _ ~ .
,
_ -
~ -