HomeMy WebLinkAbout0125 Te pba and co~uMwo„a1y bp on tiw brlWir~ oow a hir~te~ ~hwt~ on wid 1~nd a+d on ali ~qutP^~^~ ~ PM~b ~~d b1r 1Ms +eafP
p~, wHh ~11 pnmiums N+K~on pNd in fuq, /ire in~rsna in tFr viwl ~~rdard Po~iq? br~ In ~~wn ~pprowd by ~M MORtGAGE4 sed wiewl~rone
t~aw«+c~ In ~M wwl sanda.d pulsc~r fa+~, In • w~a +POrowd b~? Hn MORTGACiEE. M wch comP+ey a compan~n a ~M I~tTGA<fEE n»y
diMdi and NI tir~ w?d wi~w.n~ insw«?a polici~a on M+r ot ~aid buildaq~. sny k~Nn~r tlwr~in a pat thenof, in ~M pprs~~~ sum ~forKaW a ;
N ~aaa Nwnol. iMq conr~in th~ ww1 s1~nd~?d narpapN ciauN a wd~ alwr dwa a N» Mat~apM n+ay rp~w. m~?kq ~M 1oN wKb~ u~d po1F
citi. Mch a~d ~wry. WraW. a~d MORTGAGEE ~s ~~s Mu~st nwy ~pp~ar. a~d ~ach ~rd ~v..y wci? paicy ~h+ti M promp~ly •ss p~wd a~d dNiw.ad a
~ryr Mid by s~id MORTGAGfE a(w~her s~cwitp a s+1d ~ronQyi d~W. u?d, not IKf tiwn Nn (10) d~~n in ~dwna ol th~ ~xpir~tion ol ~ach policy. fo dr
livK b NW MORTGIIGEE ~ rantwal tF+a~of. top~dNt with ~ tiaipt ior th~ pr~mium ot weh r~walj ~nd ~Mn ahall b~ oo fir~ a wi„dstam teuw~~e~ ~
p1+ad on ~ny d said bufldnpa, sny iny+~u tMnin a pw1 th~rwf. unbss in tM iwm and with t!r loss parabN a~fa~tiafd: and in tM ~wo1 a~y swn
of moMy b~soma payable wxlN wd+ polk~r or poticks s+id MORTGI?GEE sfiall haw tFw option to r~iw a+d apply tF+~ wn~ on ~ccount of tM iod~btad~
n~ ~cw~d I~~b~r a ~a permi~ said MpRTGAGORS w~eiw and ua it ar ~M? pare therwf fw oiher pur~r»es, wirlwut ~harcb~ waivi~.p p m~pa;.-
inq anY pyity. liw~ a ~iphf wKkr or bp virtw d Mis matpaQ~j ~nd In 1M ~vMt uid AAORTWIGORS thall ta~ ~~ryr. r~ason faJ ro k~ep ths ~aid pr~mises so
insv~~d, o~ f~ w del'nK promptly any o1 ssid policies of iniwana 1o said MORTG/1GEE, o? tail p~omptly to paY fully any premium ther~fw a tn a~y
r~tp~ct f~il lo p~?fwm, dscharye. sz~tut~. ~ff~cl. compl~t~. aompJy with and abWe by M~h mvenant, or any pan kereof, said MORTGAGEE m~y pl~q ~nd
paY fa wch imwana or a~?y part tM.eof wi~how w~ivinp or aff~ct&~p anY option, INn, equity. a righ~ ~~der a by virtw of ~hb Mo.tp~p~. and the
full amoent of sach and ~wry wd? p~ymerM sMil b~ imn.ad'ut~ly dw w~d p~ysbls ~+d stwii bea. interest from tia dat~ ther~of uneil paid at t!w r~t~ of
nios p~t pnrwn p~t anrwm ud together w1tA s~nF? interMt ~11 bs s~cured by tM li~n of ~his mortq~~.
4. To pwmit, oommtt or wfier no wsst~. inpskment a dtterior~tion of s~id p~opKty a any put tFK,eof. . !
S. To pay ~II ~nd ~ie~p~rlar th~ costs, ch~p~a wd ~xp~mss, indudirg a reason~bb anan~y's fee aod wsts of ibstracn o( titk, incwr~d or paid ~t
any tims by said MORTGAGEE, b~cavse or in ih~ ~wnt of th~ faihue on tM paM of tM s+(d MORiGAGOR b duly, promptly and fvlly p~rfwr~, d~sci+~r~,
sxecvtt. ~tiect. complet~. complY w;tb +nd ~b~de by t+d+ u~d every the stipulationa, apreements, ca~ditio~s, ~~d oove~ann of said promissory note and thi~
mort9ay~ any or.ei~ha, and said costs, chu~es and ~xp~ns~s, racl~ and every. shall be immediatey due and payaWe: whether a not tha~e be notice da
mand, attempt to cotlect or wit pa~diny: and tM full arnowit of e+ch and w~ry sucl+ psy+ner?t shall.be~r intereit hom tha date thereof uMil p~id ~t th~
rats of ~nine p~r centum per uwwm; and all said cwn, chu~s and ex~ses inwrr~d a paid, topether with wch intuest, shall b~ secured by th~ lien of this
^wrtyap~.
6. Th~t (a) in the wa?t of any breach oi this Mortyap~ or defavlt on the part of the NIORiGAGOR, or (b) in the event ~ny of said wms of money
heroin rofened ro b~ not promptly and f~lly p~id withi~ tFurty (30) days naxt after the same sever~lfy bscome due and paysbk, withou~ demand or notiee,
or in th~ ewM ead+ and eve?y the :tipulations, sqreem~nta, condiYar?s er+d coven~~b of ~s~d promisswy note and th~s mort~aye any a eiiher are no!
iuly, promptly and fully perfwrned, d'acharged, executad, effected, canpleted, complied with and ab'dc~l ~ry, then in either ar any such went ths said ag .
gregate wm mentaned tn said promissory note then remainirg ~npaid, with ioter~st ~caued, ~nd all moneys secvred I+e~ebY. shall become dw ar+d p~y~
able fwthwith, a lheresher, at the option of siid MORTGAGfE, a fully and comple~ely u ii ~tl of the said wms of money wera wigin~lly stipulsted
to be paid o~? such day, a~ythi~g in ss;d prom;ssory eote w in this Mortyaqe to th~ contrary notwithstanding; and thereupon br .thereafter at ths opYwn of
said N10RTGAGEE, w~thovt naice w demand, suit at law oi in equity, therefore ot thereafter begun, mar be prosecvted as if all monsys secured hereby
had mitu?cd pIiOI to iq kntitutipl. ~
7. That in the event that at tha beginning of or ~t a~y time per?ding any wit~upon this Mwlgage, or to foreclox it, w to refwm it, w to enfora
payment of amr daims hereunder, ssid N1pRTGAGEE shall spply to the Court hsvinp jurisd;ctia? thereot fa the appoinrme~t of a Receive~, such Goun shsll
forthwith appoint a?eceiver of said mortpaged pooerty all. and singvlar. includ~ny all and sing~lar the income. prolin, iuues and revenues f~om whatever
w~rp derived, each and every of which, it beinp exprcssly understoqd, a heraby mwtgaged as 'rf speciticalty set fonh and described in tl+e grami~q and
habenrkwn c(s~ses he?eof, snd wch Receivtr shall have all the broad and effetfive funttions arwd powen in snywise entr~sted by a Court to a Receiver, ~nd
such ~ppointment shs11 be made by s~ch Court as an sdmitted equity snd a m~tter of absolvte rigAt ro said MORTGAGEE, and without refere~ce 1o ths
edequscy p inadcquacy of the valve of the properry mortgaged or to the scNency or insolvency o( said MORtGAGOR w the ckfendart», and fhat such
ren~s, p~ofits, income, issues ~nd revenues shall be applied by such Receiver acco~ding to the lien oc equity of said MORTGAGEE and the p?actice of such
CouA.
8. To duty, promptly and fully parfom~, d~scharye, execute, effect, coenplete, comply with ~nd abide by exh end every the stipulatia~s, preemenq,
conditions and cover+ann in sa;d prom;ssory rwta and this mortgage set forth.
9. Thst in tbe eveM the ownenhip of the mortgaQed premises, or any part the?eof, becomes vested in • pe~wn other than the MORIGAGOR, tM
MORTGAGEE, in succeswfs and auigns, may, without ratite to the MORTGAOR, deal with such successor o~ wccessor in interest wi~h reference to fhis
mwtgage and tht debt hereby secured in the sarne mamer as w;th Al4ortgaga without in ~ny way vitisYug or diuharging the Mottgagors' liability herr
unde. w ~pon the debt hereby secured. No ssle of the premises hereby mwtgaged and no fo.besrance on the. pan of ~he MORTGAGEE or in s~aessors
or augru and no e:~ension of ~he time for the p~ymeM of the deb~ hereby secured given by the AM1ORTGAGEf a+ts successars or ass;prq, sl~U oper~t~ ~
ta rekase, dixharge, mod;fy change or affect the wiginal liability of the MORTGAGOR hereie, either in whok w io put. ~
10. It h spedfically agraed that time o of the es~ence of this contract and th+t no wsiver of any obligsYroe hereurder or of ths obligation se- -
cured hereby shsll at any •tirne thereafier be held to be a waiver of tM terms hereof a of the iratrumem secvred herby. .
I1. In add"Aion to the fo~ego:ng monthly paYments of princ'pai and interest required by the p~om;uory note secured hereby, mortgsgor tovenants ~
and agrees to pay to mortgagee with each monthly payment ae~ add~tional wm estimated by mortgaqee to be equal to 1/12 of the annual cost of the follow- j
+~g: ~
A-All real property taxes levied w assessed against the above described reat estate. f
B-Premiums on fire and windstorm insv?ance as herei~ requ;red to be urried on the improvements sitvate on the above desuibed premises,
C-Premiums on such mortgage guaranty inswance as mortgagee shsll from t~rn~ to time deem fit to carry on the loan secured hereby.
Mwfgagce shaU from time to time notify mortgagor ;n writing o4 the amount due and payable hereuncler and such wm shall thereupon be due and
payabk oo the due date of tke next monthty payment and each successive month thercafter ur.til mortgsgee sha11 ratify mort9agor of a change in s~ch
amount. Such sums shall be appl'ied by mortgagee toward the psyment of real properry taxes, insursnte prem~ums, ~nd morl9age 9uaranty inwrance
premiums. •
IN WITNESS WHEREOF, the said MORTCsAGOR has heseunto ssf his hand u~d seal the
Sig Sealed a del'vered in the presence of: ~ Y~ar first aforesaid.
~ FtLEO ~AND R~CORO ~
; - - ST, lUC1E COUt~tTY, q ~
1, E~t-~n~C V~RIFIED ~
~9648~
STATE OF FIORIDA ~~O ~UL Pf7 C•~
COUNTY OF Sti • L11C~A ~ ~ C ~
defae m~ personapy sppeared David S. $Ctle~atsdr~t'~ITR:.S •
. • ;
~MS ~ Fw wife, to ms wefl known and known to me to bs ~
tha (ndividwb described in and who executed the for instrvmem. ~nd acknoyvkdged befwe me ihat tF?ey executed tf~e same for the purpenes ;
rherein enpressed. /1nd the sa' ~MS N. SCheIIAltdosh '
w~te of ths said _ ~3V . Sehenandoah upon a sepa~ats and prnat~
examineYwe by me tsken sepsrale and aparf from her isid husb~nd, sduwwleti~et! to and befon me that she executed said instrument freely u~d vol~ir
tarily u+d withovt ~ny compulsiw~, constraint, ~pprehernio~n, fear of w from her ~aid husband.
n
WITNESS my hand and official seal thi1 ~~.~Lh ~y ~ Jul A, D. 19 70
_ ~.h~--C~~-U
Not+.ry Public in and for the Sate of fbrida ~t 1a~p~r
Retum Ta. . • ~ expires:
First fedaral Savings b loan Association . ~:;{c~~r~~r~, ~r PUBIIC, STAtE pF FLpAIp~{ AT lARCE
Of Fort V;erca : _ . ~ ~MM~8SION EXP~RES SEPT. 2$
„ ~ a~~ 1973
Fort Pierce, Florida - ~i ~s`; ~ ~ ~
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= • . . _ ~o y .
: ~ _ c3 's
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=~~.4 ' t~,'~- .
This Instrument P~epared BY ,~;_•.;::~_:Y;;._;3:'~t~~=':t`~^' :
First Federal Savings b Loan Association ~ ~ ;
-•o r `J r_ ` : ~
of Fort Pierce ;:,e~ :•,:;r~~.Q~; ~
y J~ '
....ti _ ~ .
~o ~~fs• 'I J'J..T,;;~` a``'.
Checked By s~. ,t~, ~ ~ < .
~r,r;~ttc~~`
- BOOK~~ PACF
~ ~
~ ` ~
.
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