HomeMy WebLinkAbout2071 3. To p!~ ard oo~aMMwusiq kNp on ~M bu~MWq~ ~aw a Mn~ha ~iw.» en NId 4nd wwl a~ .N .q~y~a and p~wn.lly c~v+?«i dt? Mt~ ~a~P
wi~h aNpn~h~n~ ~h«.ow pa~d In t~6 fr• ~nw.«xs ~n ~h. ww~ uandwd ~+cr faa~. ~n • w~w pp~owd b~r rM MORrGwGEt, «+d ww+4aor~
NMw~na in tlw wwl aadNd poGe~r ~ in ~ wu~ ~ppw+d tw ~ht MORTGAGEt. in wch ~o~np~r or co~npae~ N N» MORtCrAGEi ~r
dtr~tq Md ap fi?~ ~nd wind~w~w~ Mwinnp vdtciN a+ inl? 01 s+ii bu+~d+^Y~, MY YwMist N~Nn a pMt tMrwl. b N» apO+p~+~ wn~ sior~W a
N~apN NNnoi. ~hN1 aoMain HN wv~l N~ndnd a~o?1pp~~ ctwN Or wd~ o1Mr tiNiw M tIN MOrt~pM m~1r hquw~. ~?inY tM io~1 ui~dM stid ~
d... .ad~ «d .w~v. ar•b~. ro w~d MoltTCiA4EE a ia ru~.at ~r «id ~ach «+d ~w.~r wd~ aa~? .hal~ b. p~omwM +M•a~ •~d dNw«.d a
.rty MW b~r s.fd MOrttGI?GEE a funh.r ~ecwih? a wd e+aq+p. d~W. and. na la~ ~n ~.n 110I dar~ In adv.iw~ ot tM •xph.tion of .~d~ poik~l. a dr
W~r b MW MORtGAGEE • rarwd IMnof. top~~lw wNA ~ naipt fa tM pnMw~ 01 wd~ r~w~ll a~d tMn ~Aell b~ no fir~ a wb+dsror~w MMwana
piaad _on ~ny of sNd bvil~inp~„ an~r ~n~«Mf tMnin a pwt Nw~rwf, vnN~s In Nw~ b~n and with tl~ ba payabl~ aa ~fo?~ssidi and b ~M ~wM ~ win
d mon~y b~oomN p~Y~bl~ w~dN wd~ polky a policiM wid NWRTtiAGEE ~hall Mw tM oM1on a naiw ~nd .ppl~r th~ wn~ on ~a~owu of th~ k~bt~d~
ma wcw~d I+K~by a w pan+N wid MORTGAGORS ro naiw ~nd uw 1t or ~r,y pal 1Mrwi fa ah~r pwpo~es, without thaeb~ w~ivi~tip a imp~ir
~~Y ~h. li~n or ripht w~ a by virtw of tNs ewrt~t ~nd M ~M ~wm ~aid MOkTQAGORS th~ll ta an~? rw~on fail to kNp tln s~W pn+~iNS a '
Nw..d o. t.n w d.i~« ao~+wM M+r ~ s.W policEa of imww~a a w~d MOItTtiAGEE. « t~~ w~+a+r b wr w~M •~r w«++~* ~•fa o~ ~.~y
r•~p~a f.il a pufw~n, ~SCh~r~. ~a.cvtR, •fhct, aompt•b, canPlY wt~ .nd .bMs b~r N~h oowean~. a ~ny pa~t Mnot. iaid MORTGAGEE m.y pt.a aod
WY ~ wch Mrwanc~ ~~ny pat tMrwf without walvinp w~ff~ctirq ~nf? aWia?. (Mn, p~~h?. w ripM wd~ o. by vkn,~ of tN~ INonp+p~, and ~iw
tuu anwwN of .«h and'
~wry wd~ psymMa ah.11 b~ im~wdt,tely dv~ and p.r~b~. and shaq b.a. inN~.st irom ~h. ela+. Nr..ot vmu p.W N~k. ~.q of
n:rr p~? pnhwn pK ~r~nwa ad topethN with wd+ inta~st sFwll b~ ~ecvr~d by tM li~n of thi~ mwt~+pw .
1. To pwmit. aommN or wH~t no w+st~. 1roP+~t a d~teriontion of ~aW propwty or any p~rt 1i~wf.
5. Te pay all and ainp~tar ~he coah, clw+pM and ~xpNw~, inchidinp • rtason~bl~ a»ornh/s fN and cosn of ~bstr~da o~ titl~. incwnd o. paM N
any tbr» by s~W 11I~ORTCsAGEE. Mcw~s a ln th~ ~wnt of th~ failun on tir p~n d th~ s~W MORTG~?GOR a duty. Pro~nWh and fvlly p~rfam. d'acMr~
~x~ait~, ~ff~et. eomplst~. eon+P~Y with and ~bid~ by ~aeh and ~wry tA~ ~tipul~tans. p~n+Mb. tonditioer, aod aovK?~nb oi wid promissory noh aed tlw~
uqr a atM.. u+d sad costs. dwqM aad ~xpMU~s, each W+d ~wry. sh.ll b~ Inrn~di,aly dw and' pay.blsr whe~M. w nw ~ha~ b~ nai~o~ dr
~o cdl.a w wir p.ndug; and ~h. fu11 anwwn of .ach a~d ~wry such paymsm sA.11 b.a. ~nrK.s~ fran N?. daa Nw~.of vmil p.fd ar N»
?ah of nin~ pK a~~tum pK +rnwmt and ~11 sald oost~. d~~s and expKnes inownd or paid. tope~!?a with svch iotsres4 sMU b~ a~cv~~d by th~ 11~n of th~
"wrp~. -
4. That (a) in the w~N of any brssch of tl+is Mwt~~ a d~4utt on M+~ part of tlr MORTGAGOR. w(b) In the wMt ~ny ot said wms of momy
her~in nfNr~d ro be not prompry ~nd iuly paid within thirty daya ~+ext ~her tM san+e ww~ally b~com~ du~ aed paYable, withovt dunand w~oticR,
w W in ths tvem ~ad+ ud ewry tM sripvlatiora~. +p~Mn»nts~. ~nd~tara and cov~nants of ssid promifwry ~w~ and tlw mortp~pe any or eitha an nal
i~+y, prom~,rlr and futly p..fo.m.d d~sc1?uyed. .x.evtsd, .ffecad~ ca~,l.ad, compL.d wi~l~ aod ab~dsd tiy. ~~n ~itha w.ny wch w++n ~M sa~d ap~
yrp~t~ sum ma~tia~i in said promisswy nore then rNn~i^inp ~nP+id. with inttr~sr attrwd. and a1i mwkys secvnd Fwr~bY, shall bsoon~ dw and WI?~
abk forthwith, a tAer~afrer. ~t tM option of said N10R?GAGEE, ss fuUy and oomplNey as if ~tl of th~ s+id swns of awnty.wer~ aipirwlly atipul~ted
to be pa~d oo such d~Y, a,r+?w~y ~n s.d P.om~u«r noh or tn Mis ~ape ro~M oomrary no~w~rM~s~d~y: .od rhe~aKwn ar ~he~eah« rl~. op~br? of .
•aid 1NORTGAGEE, wit!?out aotice or d~mar+d, wi~ at law a in ~quity, ther~for+ ar tMr~ahN b~iww, m~y b~ p~osecuted as if NI mow~ys s~cvr~d herebY .
had nNtw~d pr~or ro iq kritit~rtion.
7. 7F~t in th~ ~ve~t Ihat at the beginninp of or at anr tarr p~ndinp any wit upon this Mor1~y~, a to for~cios~ it. a ta ~form h, or ta Mfwp •
payn~~t of u~y ctaims Mrevede~, said JNORTGAGEE sF?~!! apply 1o tM towt luvinp jurisdictan tF+ereof fa tM appointment of ~ Rec~ivK, wd~ C.owt ah~ll
Futhwifh appoiM a?~ceiw~ of ssid mortq~p~d p?op~rty all and sinp~lu. includng all and sirgvlar tl» inoom~ profib` issu~s snd nv~nuss from whattver
wirru dariwd. ~ach ~.d every of which. it beinp sxpresslr ~rsrood. is herebY mort9+Qsd u if ipeufic+lly set fonh and dest.~d in th~ ~.antinp and
1~aber~urn cla~s~s herwf. ~nd wd+ Reoeiver ~hsll Mw all tM brod and ~ffec~iv~ fw~ctiora and powen in ~nyw~s~ entrwud by a Cowt to a Rec~iva. and
wd~ appointment shsll be made by wch Court a~+e admined equity a~d a emtt~? of absolut~ right b siid MORTGIIGEE. end wirhovt rtltr~+ce to the '
+dequ+cp w i~sdaquacy of tM vaFw of the prapMty mor~p+psd w fo ~he so~vc~ncy o~ insolw~cy of s~id MORTGAGOIt or the defaxlants. snd thst a~ch
rents, profits. Intom~. issws ard nvenues sh~ll be appti~d by svth R~aivN aao~ditg to tM li~n or ~quiq? of ssid MORTOAGEE and the prattio~ of such
Wwt. - ' - .
e. To d~h~. P?~P~hr +nd firlly pKform, disd.~ry~, ~xecut~ ~NeN. oompl~t+, con?p1Y with a+d abid~ by sach ant! swry tM stipu4tiaa, +~nemams.
cot~d'tions and eo+retunb in s~id promissory ewt~ and this mortpsp~ stt forth. .
9. Thaf in the ewe~r tir own~rship of th~ mortg+y~d Pnmaes. or +nY Put tM~~of. baoomaa hst~d ln s peraon otlw tl?~n the NiORTGAC,OR. the
MORTGAGEE, m wccesson and assi~s, may, without notios to 1he MORTGAOR, dsal with wcb sqaes~o~r or sGccKSOr in iMere~t with ~fer~nce to tlws
mo.t~e snd the deM hKeby :sax~d h~ ari++~ n~ ~s with Mwty~por withovt in any wsp viti~tiig or d~sci+u9u~p tM Mon~a~ors' Iiability Mrr
under or vpon the deW Aer~by seaKed. No sal~ of fh~ premises herebY mort~+ped and no (orbtaa~ce on th~ puf of the MORIGAGEE a Hs successon
or u~siyn~ and no extenszon of the tLne fw ths Fsyrrero oi 11w debt hereby secvred 9iwn by th~ MORTGAGEE w its s~co~ssors u ~ssiym„ shall opaab
ro rskas~. disdwrye, modify ch+npe a ~ffea tM c: pina{ liability of tFK lMORTGAGOR Iwein, ~itM? in whol~ or in part.
1Q It b specificsliy a~reed thaf tim~ is of th~ essencs of tMs cocdwct and tMt oo w~iva of a~-obit9atan Iwe~xider o~ of th~ obllp~tioo ar
wrsd l~r~by sMN ~t any tk~ thereatta be held to b~ a wsiw+ of th~ ferm~ Mrwf a of th~ instrweem s~cwed herby.
11. !n iddition ro tl~e fwego:ng monthly p~ymenls of prioc:pal and interest required by the promis~ory nore secwad herebY. mo~tys~o? oownanb
~nd aq~ees to p~Y to mort~aycs with each monthty paYment ~n add~rionsl swn estimated bp mortyapaa to bi equal ro i/12 of the aro~wl cost of the fdbw-
i~g: '
A-All reat prpperry taxes kvied a as:essed sysirat the sbov~ described rcal ptste.
d-Premivms on firo and windstwm inwranct as herein requ:red fo be carried o~ the impro~ sitvate-on the ~bwe described preen'~es.
C-Premivms on wch mai9s~e 9wrsnty inwianoe as mortpapN shall fran tan~ to time de«n fii to urry on the (oan aeaxed Iwreb~r. -
Mo?tyagee shaU from time to time notify morq~qw in writirg of th~ amou~t due snd parable herwrd~r aad such sum ahall.thereupon b~ du~ ~nd
PaYable on the due date of tF?~ ne~et mon~F?IY PaY~+~?t aod sach wooauive moe?th tMn~fter until morq~es shsll nwify mortyapw of • dunpt in such -
amounf. S~ch wms shall be spplied by mat~ee towud the p~ymeot of ~e~l property taxes, naunnp prem:ums, and mortya~e ~varanty irywaxs
Premw~nt- •
; . IN WITNESS WHEREOF, ths said MQRTGAGOR ha haraunlo the d~Y +~d -Yea~ fint aforesaid. .
~ sp~.a. s«wa a.r ~n. ~ gT'~
,~~A~~
N~ DEt? .
p~C Rb VERIFIEp~' ~ ~ -~•~D
~ ~97'g~ n
'l~ Al1G 31 t :
STATE O~ fLORIf1A 1
COUNTY OF $t. Lucie j~`C iiOG~ ~O~T
l~for. me p~sawur ~pp~s~+d ~'E~~~II' «d
Margaret J~ Shaw ' ~ k;~,~ „ a
rM h?dividuafs de~u~ed in and who ~ucur.d th~ fore~oirp ieutnirewd, ad KJcnowladp~d b~Mn m~ tlwt tMy ~xecvtrd tM wx~ ta th~ purpows
~„d N,. ,,;a - Margaret J. Sha~? ~ ~
wK. ~ ,i,. Donald C. 5haw ~ . ~
ex+mkytioo bp m~ takee a~p.rst~ aed apart from her s~M husbard, aeknwnbd~d a«d b~foa en~ Mw ~ exaan~d said inaKw++eM fn~y and volwr
tuily and withoul +nY ~P~+~. tp?xtraint, ~rprelreqioe, or ftar oi ot froen Mr iald Iw~bard.
M/fTNf55 nqr !wd a~d official s~at thk y~ S-~ diy of A!? tist A. D. 19~,Q.
. tioM~x hiWk in and fw tlr Stat~ of Horid~ at t~t~
R~twn ta . ~Nf? C.oaioninio~ ~xpinss
~~~qM11 ii j~.. ,
Fi~» F~d~ra! Savirp~ i loan /lssoci~tion ~~'~r j~ ~ia$! MfdLIC~ iTATE Of ~
of ion P~e.ce. ~v,,,..•...`."; #/Y CflINM(SSION EXPIRES~ ~ l~Mi
~ 1~7'!
fprt Pisru. Flwida = ~ ~ y"r',V,r t
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This Instrurt?ent Prepared By John W. Ccirjl'~jr', ' J}:'~; •
First Federai Savings 6 Losn Association ..•;~5~ _~Q..•:,~ ~
~ of Fort Pierce ~ F lor ida ~~i~ t•~; • - -
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Chedced By ,
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