HomeMy WebLinkAbout2065 , + ,ti ~ ` + ~ 1,~
TO pt~a ~nd oawYww~lr ?Mp on th~ bv~idMp~ now ~M 1~1M~ ~ ae ~ald 1~nd ~nd on a1i ~qulp~a and p~s~alh? osv~~d by tNs +~w~
pt~ with ~11 pr~iw~ 1Meson p~id N irll. fMs imwana M~ Nr u~wl Naidud Polic~r ler~, N~ aww ppov~d by 11w MORiGAGEE. ~nd wM~dNOrn~
Inw+~na M iM wu+l pa~d. po4c~ fw~, in ~ wrw ~prw~d bll Ny 1NptTGAGE~ M wch ~y w oon~p~nl« M t1» lNORTGA(iEE ~
dU~cq and dl Nn ~nd win~wn~ Mwrr~na polici~s o~ Mf? ol ~si~ buitdipl„ aeY inN~«t tMrNn a pnt d+awf. M dK app+pat~ ~ww aforNW a
in ~xaM M~.~el. ~MN ~au.i~ Nv u~w1 pandad ~arqaow c1~w~ a wcb oNw da~rN M M~ Mon7+pN ~1? rpuir+~. ww1~4+Y th~ IoM w~Ja sa~ 0014
ciw .acA .nd .w.y. wr+b~. a..w MoRTtiAaf! 1a in~1 artr ~w~•M. and ..ch «d ~w~y wd~ paicr ~hau b. prwepiy .~.:qn.d .nd d.~+wnd a
~enl h~W b~r wid MORiGAGEE N twtiw Ma+~ih? ~o wid mor~ip~ d~b. +nd ea1 Ma 1Mn Nn (~01 d~y~ in advsna ol tlr ~apNNion el wd~ polky. b d?
t~vw a w1d MORTGAGEE ~ r~wal ~Iwiwf, 1o~~Mr with ~ npipt fa tM pr«niu~ M wd~ ~~wa4 and ~Mn ~h+ll b~ no fin a wind~ro.m Mww~na
p~+ad on u~y of Mld buildM+py ~ay intN~t IMrNn or p~rt thNw1. w+l~u in 1M fo~n~ and wifh 1M iofs p~YabM at ato+e~ ~nd !n 1M swM a~? w~a
of nanry O~oonws payabl~ ur~Mr w~d~ polky a pdiciw wW MORi<iAGEE ~Aall h~w NM oWion a naiw ~nd ~pply th~ s«rr on aaow?~ ol N» kd~W~ -
e»a s~tw~d hM~by a q p~.wat ~aid MOIlTGAGORS W noNw ~nd uN h or N?y {wt 1M?w1 for othe~ pwpwn. without tAa~bl waivinp a rt~p~&.
~~m ~h?. li«? p riph~ w~l~. ar M? vinw of N~ ~orqp~r and N Nw wsm aak! MOR?GI?GORS ah~ll ta ~ny r~awn f~fl to kNp Na ~id prmha a
In.w.d~ a fa11 !o d.1tvK w~Mb +~Y ol s.id polici.s ol imw.na a uW MORta/?GEE. or bil promp~ly a pay fvtly any pr.~niwn th.r•ta or 1n any
nsp~d faN to pafo~~q, disd~~. ~a~cw~. dhcL oompNh. caedY wt~A ami ~Wd~ by tl~ oovwaM. a any pan Mnoi. ~+1d MORiGAt3EE nwy pba ~+d
P+Y fa weh tn~w.ew~ w snY-P+n Nwnoi witl~oW walvlip a aff~ctlnY +n~? aWbn. INn, 'qw~1?. a KpM wKia ar by vi~tw of H~is Maqap~. ~nd d?~
t~u ~,a~+t of ..ch «,d .w.y wd+ P.y~ww .h.u b. ~mm.d~a~.y dw «~d p.yabe. a+d .ti+n b... r+nr.a han ~h. d.a ~n...ot ~n~ P.id n d~. .a. o+
nin~ pK CMNM pN ~Mwm inid tOQtihO? wifh Wth intMN! ~1MU b~ MCW~d~bp Ihf UNt Of 1N~ 1110fIDip~. . .
To p~nniq oamdt or wfhr no wast~. ImP+knNnf a d~t~rb?~tion d Nfd prop~rty a M+y pwt tM~wf.
S. To pap aN ana slnpula~ri~ owu. chw~s ~+d ~xp~a. includiep a rwa~~bb at~an~y's fN and oosta of absnacts oi tNl+. incwrsd a p~id a
.~r ey ..w ~tc~?cE~, a~.w. « w+ N,. .r«v ot +h. t.uw. o~ P.n o~ ~h. ..ia ~rc~coa a d~ir. ~«~wh ~r~d f~~N v.rfo?m. d~sch+?~
~x~cut~,, ~fhct. oompieta oon+P~Y wirh and ab+de br Nd+ and w~ry Nr stipula~iona. .pr..men~s. aoadi~io.a, u~d aownann of sad p.omiswry ~~nd ihis
ryw~t~ aml w eilhu, aod said cosb. cMrp~s ~nd ~xy~nwa, tad~ and wKy. shall b~ M~dia»11? dw and pay~t whetlw o~ not tMn be notiq d?
mand, i~tNmpt w collse~ w wit PN+diegj and ti» ivtl anwaN of ~aeA ~ er~y weh p+ynx~?t al+all bar infsr~st fron+ tM d~N tFwwf until pNd ~t th~
r~te o1 nirN p~? c~twn p~? Nw,i,cn; ~d ~1! wW aosn. cFwyM ~nd ~xp«?aes iaaxhd ar p+td„ topNiwr with wch kdu~af, ahall b~ s~cund by tlw liu~ of tlw ~
~qKl~ _ _
a ifwt (a~ in tM ~wM of «~y br~ach of +bis 1Morqap~ « defa„tr on Nr pat of tM NWRrGAGOR, a(b) in th~ wrm ~ny ot wid wms of mo~ey .
Mn~n nf~?nd w i» nw promptly a+d h?ly paid wi~h~ th'uty CdOf days nsxt afia tt~e sarn~ wv~dlp b~coaw dw and Wy+b1~. witlaw d«n+nd a notia.
o. W In tM ~v~nt ~ach and ~vKy tM stipvtations. ~Nm~nt~. ca+ditioas and cov~nts of aid promisiory oots ~nd th:s mor~p+D~ +nY w~ithK us nal
*?~Y. P~P~h ~h P~a~. ~sswtt~,l~f~c~, ~nd, canP~»d with w?d sbidad by, tlw~ in either or ~ny wch waM tM aaid ap~
pre9at~ wm mMtiawd io s~id prpmissay not~ then r~mainirg wy~aid, with int~nst aarwt~, and d{ morrys ~cw~d Mr~by. ~h+ll beoom~ dw and pay.
abk fwthwith, w th~rMM~r, ~t tlk option of ~aid N10RTGAGff, as fvlfy snd oom~btsf~r as H+11 of tM sald suna of moner w~n «ipir?~Ily ttipula»d
~o be paid on wd? day, anyNa~g tn s.d pom~ssay nwe w~n H~s Mo~pay. ro ~h. oa?~r.ry nawirM~a+dinps .nd rha.wpon a~I~ersah.r st M+. op~ron of
said MORTGAGEE. wittaut ootic~ or denwd, wit N law or in puity, t1~eFor~ or tM~NfNr bpw1, tn~y b~ pros~cvt~d ~s if aU awtKrs wwnd Fweby
had matuted prior f0 ib i~Wilutioa. ~
7. TI»t in tM wen~ N»t a~ tM b~gi~r~irg of or N anr tirtw pN+dieg ~ny wit upon tl~is Mat~ape. a to for~cloa H, or w nfann N, w to ~nforp
WY~~ of any dairr~s Fwew+d~r. aW MORTGACsEE sFyll apply to the Cburt havinp jtxi~drctan thKwf fo? tM appoirM~M od a R~ctivK. wd+ Gowt sl~sll
fathwith ~ppoint a ntsivK of said rnortyay~d prop~rfy ~q and ~tnpvf~r. k~dud~ng ~11 ied ~irgular t~+i 1noo+n~ Profits~. i~aw~ and rw~us fran whHtver
•oura derived. sach and wery ~ which. it b~b+0 ~zpresstY w~d~*stood, is Fweby nart9aped a if ~p~iNfiully set forth and dew~d in the pr~ntinp and
Mbandum clws~s he?eof, and wch Receiwr shalt haw dl tht brord uw! ~ffactiw functiau xd powrsn t~n anywiss ~nfrustsd bp a CaKf to a Rsaiwr, and
such appointmM?t sM11 be msJe by wch C.ourt as an adrn;ned equity and a mitter of ~~uolul~ ripia b s~id MORtGAGEE. ~nd without nfa~sncs to tM
+~W+~1~ ~~4~+KY of tM wlw of th~ P~ope~tY mw~9ap~d or ro the so~v~~cp w&~solvency -af s~id MORiGAGOR or tM drfend~nt~„ a+d that auch
renta, protits, ineane, iss+?es and ~wup~p ahalt b~ appli~d bp sucA Rscyiwr aooadirg to .Nit lia~ a puity of a~id MORTGAGEE aid tM .pr~ctiq of wch
Cowt. _
a ro auly, w~+P~h +~+d ~~Y w*fo~. ex.a,~e. •ff«+. oonwl~a, aomdr with and abid. b~r...d+ .ea w«y th. aiq,at~o.u, pr.~n+«W.
condifioro ~ed eovaynts in said prwnswry oore and t!~ mortps~ sN fath • .
9. 7lwt in the went tM orvnership of the ^wrp~p~d Arsn+ises. w ~nY PvY N~naf, bscomet wshd in a p~non oth~r M~an tlr 1MORTCsAGOR, th~
MORTG/1GEE. lis sucteuors ~nd sssiyns, m~y. witl~oul naiu ro tht /MORTGAOR. dtal with suth s~rcces~w or successor in intaest with nferK~ b tha
mwtyape and the debt haeby secw~d h tM s~me. mHrrr ~t with 1NortqaDw without in any way vifiatinp or d'achKyin~ th~ Mortq~gors' liabilitp hert
unde. w upon ~M debt hereby ~ecwed. No sal~ of the Rnmi~s I+KebY mwty+p.d ~nd oo fa.bu?•noe on •th~ p~rf oi eiw MOitTGAGEE a ita wocesson
o. auipnt and no exteroion oP the time for tFw p~yment of tM debt hereby sec~xed yiwn by tM N10RTGAGfE or in sucoetson or a~siqm. ah+l) opaaa
~o rele+~ d'adMty~ nadify thrrg~ w affsc~-M+e orginal li~bitity of the MORTGAGOR h~r~, tithu in wlwl~ or Y1 part. -
10. It is sretifically agr«d tMt tim~ b of tlw esser~ of thiq tot~trad and th~t no w~iw oE-an~-oblipation htrew~der p o~ th~ pbliy~tipe a~.
cured h~r~b~r ihaU s~ ~ny ta+~e tl~eafter be MW ro be a wdver of tM t~rms Mrwf or d tM instr~xnent ascvrad Mrby.
11. In sdd~tan-a ihe faepo;a4 ~^~~Y P+r~n ~ P~~WI and ier.resr .eq~rtnd bv ~ P~^+~~Y no?e secwed hs~eby, mo~y~Qo? oov~n~nb
a+nd ayrees ro psy w mwtpapee wifh c~ach mo~thly paymer,t an ~ddition~l sum estimated by mo.tys~ee to be eqwl b 1/12 of tM amvsl cost of ~hs follovw
~ng:
~ .
A-Af1 real prope~ty tsxes kvied or assessed igairot tlie above detu~"bed resl esbb. . ~
Q-Premiums an fire and windstorm instrranoe as htrein ~equ'aed b be urried -on th~ improvrmenb sitwb on the above desv'bed premites.
~mp
C-Prerniums on wch mwtysys 9wraay inw.snoe a morq~ thsll fran tin+~ w tiM dee~e fir to-carry on ftKloao secwed I~er~by.
Allortyagee thall from time to time motify mortyayor in writi~g of tl» amoum dw snd p~y~ble h~r~und~r and tuch sum sFull ther~upo~~ be du~ ~nd
payable on tly dve date of the nmct mo~thiY WY^~?t and exh s~+cneuiw month tl+sreafter untll mort~p~e s1uU notifp mortpayor of a cfwg~ in wd~
amount. S~+ch wms shail be spplied by morta~ee towud the p~yment of red prope~ty taxq, Irowanc~ pren+iw~M, and mort~sp~ ywraMy iiawanp
Dremiwns. . _
IN W(TNESS WHEREOF.-th~ aid JNORTGAC,OR ha 1~1y~ L~sfAPl~ I~~IM I 1 the d+y snd flr~ ~for~said.
~a .a p..,«~. ~ .-~ir v oEO~
ST. LUCtE COV Y. F~,p,-f
_ Rr ~ORn VERIFfED
K--;
l9'7809 - - ~ o
'~0 ~U17 N' ~ ' • V i - - i . . _ fS~n
STA?E OF FLORIDA - ~ ~
n • w~ie u .
co!?Hnr oF ~ o;~ E R P
~,~„~y,,~,d CLERKIi~l~vii~~?a~son ~ ~
Senna M. Johnson • ~w~~,~~~~~~~~~~~
rhe individwb dew~ed in ard. who ~x~aiqd tlr fwpoinp irutw~x. ~nd acknowlad~d b~fan me th+t th~y ~x~a?t~d the w,r fo+ si~ puepows
~?x?.~ n~a +h. SQnna M. Jodrison - -
w~f. ..w Heury J. Johnsoa _ ~
+rpon . ..pa?.+. +nd p~t+r.~.
exarnintf;on bp ms laken Mp~nle aed apwt frort~ her said INNbaid. ~duwv~l~dped b and b~fon m~ tiut sIN ex~cvtN! s~id inahwn~nt hNly Md vohut
ruilp and withaA +n~r ca+~q+lsion, cons~r~M, apprellre~ fw of or frorn 1~ ssid Iwsbwd. "
WRt~SS m~r iwd and ofiiaal asal .hu nt ~Y ~ /L C. 19_Z~
. . , ~ in ~ tht ~b of ~lorid~" ~
~
Re~wn Ta. • . . !r-J'
FirM fwbrs! Savinpa L Lo~n AMOCi~tion '
.,+t, : z~~~,; . ;1ot~+Y P~c. St~M o~ tlai~ N ta~
,
Of fo.t Aieru. . : ,
1~ Cmca~ss~os F~res A+q. 6. 1971
Wrt Pier Hwids • `L~t•,
. c~. : F J ~~d Ir A~elhn Bs ~ ~ariiot !Y
- - :
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lohn w Coi i i~ y
Tbis Instrumenf Prepsred By . ~ ~ ~ ' ~ ~ r ~
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First F
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e ra l S evings b l
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an A s
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ia tio~ r'. . 5-~~ :'y
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of Fort Pieroe~ F'losida > . .
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Chedced N~~ .
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