HomeMy WebLinkAbout2509 ie p+an ~~d contuwp~flY tNp on tM bui:dinps now a ~w~~t~ N~wN on N~d la+w! ~nd on ail puipeM~~ ~nd p~rpnall~ corN~ b~ Mit +wp1~
p~, wi~A aN pr~nuvmt Me~~on pa.d M ful1, IN~ inw~~:.:~ in ~M u?wl uMdMd poikY torn~ in ~~uT ~owd by ~M Mt7R~GAGEE. ~nd w~~~am
Mnww~c~ in 1M u~w1 ~~andud pol,cy 1«~n, in • wm ~pprw~d by ~I» MORiGAGEE, in wcA twnp~ny a comWn.ef N tl,~ MORIGA6EE ~y
dirMj ~nd ~tt fb~ wd w~ha.~n ~nwra~n po~icws on s~tl OI N~ ~NI~{. M1y bHNH! fMtfM W pMt fIM~lOI. M+ ~M pp~e~~~ w~ ~faaaid or
In ~ace~s Mer~oF, ~AaQ con~~in ~M u1w1 s~~ndud ~na~papN dwa a wch ai~w dww N tM Ma~QapN m~~ ~p~a~. m~\inp tM 1oa und~t N~d pol4
ci~s, NcA ~nd ~ve.y. parabk w w~d MOR1GAGtE a~ts im~rt~t m~y pp~~r. ~nd sach ~nei wcA p,c~Ky ~l,~11 b~ prompN~ su yned Md delivt.d w
•e~ A.1d by s.~d MpRto~G~f a~ lu.~lKr secvrity to sa~d mor~yap~ deb~. u+d, no~ ku ~hM qn (101 d~ys in dvs~ ol d+~ •spuNion ol e~cl~ policy. 1o d~.
liwr b wid MORiGAGEE • r~w~1 ~Mr~of, ~o~~M. wieh •..c.+~ ~a rM a.m~w~ o~ wch r~w~l~ and ~Mr~ ah~11 b~ no fue w w~nch~o~m inaw+~,c~
p1~nd oo ~ny o( s~id build~nps. ~ny i„ter~st ~M.e«~ w p~rf fMrWI, unl~u tn eM fam .nd wi+h ~M loa p.~.b1. ~lw~wid: and in tM ~wm ~ny ~wn
~~y bconys p~yabb u~ ~uch policy or po1KiN s~id MORTGAGEE ~Mll Mw ~M op~wn ro•.cNw «xi .pp1y ~M s.r.~. a? .ccou~~ ol ~h~ ~nd.b~.d~
Mu acur~d Artby p~ b permit Nid MORTGAGORS 10 ~epiw N+d ~N h p any pxl tM.aol la oU~cr pu~posrt. •ni~houf tAa.rur waevi.q o~ «r~a;.-
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'~p +nY eq~+~tY. !iM a~+yhi w~de. a br vinw of ~his mortp.~; ~nd ii+ IM ~wn1 ~aid MOitTGAGORS shall fa any r~a~or? tail to kNp ~M N~d pemise~ w
uaur~d, w I~il b d~livN promptly My of uW polKies o) i~wra~w ro~aid MORTGAGEE, w f~il promptly ro pay Iully any prem,um the~e(a a in an~
resp~ct fail b pMto.m, d;schuy~. ~saa,a. ~if~cr, compl~r~. comply wirh aid ~bid~ by thu cow~anf. w~ny part he.~oi, s~id MpRiGAGEE may p{ac+ and ;
P+r ~a a~ch irawanc~ a~ny pu~ ~ha~wf w~~houf wafvinq or ~ft~ctinp ~np optio~, Ihn, pviry, w rpht und~. a by vir~w o( ~hi~ Matpap~. a?d ~M
fult unow~~ oi each ~nd ~vKy such paym~n~ shall b~ imm~diaf~ly dw u~d p~yabl~ a~d ~hstl bsu inrrrctt Irom tM daN the~~of urtti! piid ~t ~M r~t~ 01
nine pa pnevm ~r ~nnum and ~o~e~Mr with such lnrsres~ ~h~ll be secvred by 1h~ li~n of tfiis mwtppa
i. To p.mft, commit « wff« no wasr~, fmpa;~ment o? dete.iwation of ~aid propNly w w,y put ther~of. 1
S. To pay all ~nd sinpulM tM cost~, cMrpss ~nd ~zpKUes; includinp a reasonabb ~ftpn~y's fN ud coib ef abstracy of titl~, incurr~d w paid +t ~
anv tima by said MORiG/1GEE, bsc+vs~ w in th~ ewnt of ~h~ f~~lw~ on ~M part of tM said lNURTGAGOR a dv1y, p~ompdy and fully perta~n, dncMrpR
~xecut~. ~ff~ct, ra+,plete. comply ~v~th ~nd ab;dr by ~~ch and every tM itipu:nw~s. pre~ments, conditiona; and cove~ams o( ia~d promiswry rwr~ and thii
mwt4pe any a ei~her. ~nd y~id cwta, chu~es and ~xptnsts: each and ~very. itwll b~ iinmedi~t~ly dw ~nd pay~blej whether a not th~re notip dr
mand. attempt to colkct or wft p~~dinQ: a+x! tM fvll ~mount of Nch ~nd wsry tuch payen~nt shatl bear i~tere~t from tl» dat~ th~reol until paid at IM
rote o1 ni~e per te~tum per M~wm; u~d ~II said cosb tharyes and eapenst~ in~vrrad p paid, toy~lhsr w~th wth iMer~it, sMll b~ Ntvred by IM litn of Ihi~
"wrtp~p~- ' . - .
6. Tlwt in the event of any bre~ch of tAis Morrgap~ a defavll on th~ pin of ths MORTGAGOR, o~ (b) in ~M svent ~ny of u~d svms of mwwy
F1lf~i~l !!}Qr~Qd 10 bQ no1 promp~ty and fuliy pa;d wi~hin Ih~rty (30) days next af~ ti+~ sarrM s~veraily become due a~d payabl~. wi~lwut demand a noric*,
o~ (c) in th~ evem each and every Ih~ sfiq?lations, ~gretrn~nt~, conditqns ~nd coveMnb of ss~d promiuory note a~d ~A:i monpaQe any a eitlw? a» r~ol
~uty, promptly and fufly perfwmed. d~schar9ad. e:ecuted, ~ffccted. compl~ted, canpli~d wifh and ab~ded by, tFrn in aitMr w ~ny iuch ~wm the ~aid ~p
fl~e9ate wm ment'qned in said promiuwy nott then r~maininp unpaid, with interest ~ccrued. and a11 moneyf ~ecurd hereby, shsll becana dw and psy~
+bl~ forthwith, or rhereafte~, at tM option o} said MORTGAGFE, u fvlly and canpl~~ely ~s N all of tFw sa;d wrra of mw»y we~e wginallr stipulated
ro be pa~d on such day. anythinp ie ssid promiuory no~e o~ i~ tha Matyaye to tha.tontrary notwithsr~nding: and thereupon w Ihere+ft~r ~I th~ opuon of
said MORTGAGEE, wi~F,wu~ notic~ or demand, svit ~t law w in aq~rity. ther~fon p thereafrer beyun, may be p~osscuted u if au moneys i.cwd M,~by
had matured prar to ~n institution.
7. TM~ ie~ the evcnr rhat a~ ~he begi~m;ng of w at any tim~ pending aey wit ~rpon tha Matpsq~, o? to foreclos~ it, or fo ~efo.m if. a ro~nfwp
payenent of ~~y cleims hereunder, said MORTGAGEE sM(1 ~pply to the Cou~t havinp jurisd~ction thereoF fw ~h~ appointmtr~t of ~ Recsiv~t, such Cowt ahall
forthwitb ~ppo;m ~ rece~~er of iaid N?wt9aped propertY all ~nd sinyv{a~, includn9 ~{I ~nd ain~ular th~ i~e. profits. Issues snd reve~ws from what~v~r
sowc+ darived.-each a~d every of which, it beir~p ~xpressl~ undastood, is hereby mortyaged as ii apacif;cally set fath and described im tFr yr~ntinq and
habendum clavses hareof, and such Receivar ~hall Mve all ths bo~d and sff~ctiw tuottions and powers in anyw~se ee~trusted by a Cov.t to s RKeive~, and
such appointmem sAall be made by iuth Court u an admined eq~ity ~nd a mHtu of abaotuts riyht w s+id MORTGAGEE, ~nd without r~ferer~u ro tF»
adequaty a inadepuacy of the valu~ of the property mor~y~ed a to the whrency a insolvency oF wd MparGaGOa a the defend+nfs, and fhat svth
renn„ profits, incorne. ;swcs and reven~es shall be ~ppliad by such Receiver ~ccordu?p to th~ lien or pu;ty of iaid MORTGAGEE aod the pracric~ of such
Court.
8. To dvly. promptly and fully perform. ~t'ischa?ye, ex~cute, effect, compl*te, compiy with ~~d ~bid~e by e~ch ~nd ~very ~hs stipulations, agrermenn,
conditions u?d mvenanis ~n said promiswry not~ and Mis enwtgag~ kt for~h. .
9. Thst in th~ evem the ownenh;p of the mortysped pr~m;ses, or anY Pxt tl~ereoi, becoewa vest~d k~ a pKton oth~r tMn the MORTGAGOR, th~
MORTGAGEE. iti wcceuws u~d asaipro, msy, witho~t notice to the MORTGAOR. deal wifh svch wccessor o? successor in interest with retere~ce ro this
mort9age and ths debt hereby ~ecwld in the same rnanner n with Mortgagw without in any way vitiatirg oi d~scha~piny tl~e Mortyagors' liability FKre-
under w ~pon_ tha debt hereby secwed. No sak of Ihe prem;us hereby mwtqa9ed u~d no fwbea~ance on ~he pan of tM MORTGAGEE w its successors
w suigns ar~d ra ex~en:an oi r~ t;me for rhs paymenr of the debr hereby secwed qiven b~r the MORTGAGEE or i1s wccesso+s or usipru, ~hall operaf~
to rekas~, d~scMr~e. modify cha.gt or ~affecl the wiy~nal Iiab~Gty of the MORTGAGOR herein, ~itha in whofe a F~ psrt.
10. It is specifically ag.eed tMt time is of the euence of this taNract and tMt oo w~iver of any obl'iyation herevnder or of the obliyation se-
cured her~by sM1I at any ~im~ theteafter be held to be ~ w~iver ot the terna nereof or of the irutrwnent secu~ed herby.
11, tn add~ta~ ro the faego:~g monthly paymeny of prirrc'pal and intereat requi~ed by the prom~ssory nore secured hereby, mortgagw oovenants
and agrees to pay to mortgagee with esch mo~thiy paymeM ao add;rional sum estimaled by mortyagee to be eqval to 1/ 12 of the annusl cost of the iollow-
i~:
A-All real prope?ty t~xes iev;ed o~ assessed agai~st tf+e abow described ~eal estate. '
8-P.em~u~ns on fire and windstorm insurence as herein requ~red to be carried on the improvemcnri situate on the above described premises.
C-Premiums on wch mortgnge gwrsnty insura~ce ~s matgagee shall from t~me ra tirek deem fit to carry on the loan secured hereby,
Mo?tg+gee shall from time to time not~fy mortgagor ;n writing of the amount due-and payabk hereunder and such wm shall the~evpon be d~e and
payabk on the due date of the next monthly paymenl and each succeuive month thereafter urtil mwtgspee sha11 notify mortgagor of a char?~e i~ wch
amoum. Sucl~ sums shall be applied by mwt9agee toward the payment of real property taxes, insursnce prem:ums, snd mort9sye gwranty irp~rance
premiwr~s. •
IN Wl~NESS WHFREOF, rhe said MORTGAGOR h~s hereunfo set hia hand and ual the day snd rear fint afor
Sipn Seakd a delivered in tM presente of: '
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n.
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TATE OF fLORIDA ~
COUNTY Of - ST . Ux.IB ~
eefa. ~•n per,on.uy ,p~,,.d Philip Pearl -
aod
Blanche V. Pea~l - w~t~, ro~,,,,~n k~ ~~a ~ m,~
rhe u+d~v~dwb described in and wta ~xacuted the fws9oinp lnst~ument, and acknowledped before m~ that they ex~cuted the sama fo? the purpos~s :
rhe*.+~ .xp.~s~ed. n~,d th. ,.~d Blaflehe V. Pearl =
w~fe of tfi~ said Pb i 1 ip Pe ar 1 ~ a~~~~ f
e:amu~aYan bp me takan separaM uid ap~rt from I1!! Nid IlVfbilld, ~JC(IpWI~~ld b~1d bllp~ 111~ 1FH1 ~I1! Q7tlCytld uid irotrurmnt fr~ely and vo1~n.
rarilr ~nd w~thout u~y compubion, constraint. apprcl~ns~w4 a~ fear of or from !wr ~id Fw~band.
WITNESS my hand a~d offirial seat 11+:~__~ f~ ~y of A. D. 19.~Q._
- NotKy Public in a+d lor fh~ StaM of florid~ ~t Larp~
Return Ta :'~,'"`~N~tiapt~,~~1~:T'~~
~ •a/ RORI~ ~ ~
Aswciation i~
f"~ i y " :1MIS~ION ' EXPIREB SEPT.
~ ti.,,.ti .3~~ ~ rww ~
ot fo., P~«~. ~ . .
FWt Pierte. Fbrid~ r~ .~+~f~
~a':`.~'~~'~
~Li~~~~=
r;• . n Q~.~. FtLEO AND RECORDEO ~
_ _.Qr ~ ~_~c3-•.-?,rt;~,~-#~; ST. L(/CIE COUNTY. FLA.
.
i~~'t.~,;~~' tr_ ~;.-?~s1~?~ RECORD VERI~;EO
~r. s. p ~
~ . :
This Instrument Prepared By John W. C~x~~ i j:i.,=` ' 1981i2
First Federal Savings 6 l
an Association :tL'~e " tTp SEP ~ 3
r ~ • s
of Fart Pierc FlozidA ' w • q • ~
1; . • c .
..r" ~
Checked '"'~•~n~~~~~~~' ~ C
f20~~j2 r pITRA~ -
~ . i ~ CI.ERK CIRCUIT COURT:
1
~ ~ - ~ ~ ~1= ' ~
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