HomeMy WebLinkAbout2471 To plaa and comiewa+sh kNp on tM bucldinps oow or ha~ahM ~iwaN on wid land K?d on ~II puipn~ot and pNwnalty covN~d by ~hi~ nartg -
p~, wi~h dl pnmivms tlw«on ptid in full, fin fnswu~c~ in tM vw+~ ~urdwd policy fwm. in ~ ~wn WProwd by ?h~ MORTGAGEE. and wieKbtwm
kuur~nn M tM wwl st~rd policy fan~, in • wm approv+d by ?M NIORTGAGEE. M? wcA toenp~nY o~ ca~+P+~i~s ~s ~M MORiGAGEE m+y
dinc~t w~d ~II ftn a+d wind~wrm irowaoa polici~s an ~ny o~ aid bvlldq~{. My IfIM~Ht fIMf~Ifl O? pNf IIIHl01, in tl+~ spyr~pa~ wm ~fa~id or
In ~xass ~M:wf. ~hall con~~in ~M usval pandard matppN clws~ a wd? othN tlauN p IM MatpapN tnay ~puu~. maMinp ~M bss und~ s+d po1F
ciN. ~acA and ~w.Y. WY~b1~ w s~W MORTGAGEE a in ie?~~ra~ may app~ar. ~nd ~ath ~nd ~vKy tuth policy ~hall b~ prompUy ~u:ynsd snd deliva~d ~o
•ny Mld by said MORTGAGfE a fwti+N Hcurity to s~W mortp~ d~bt, and, nW I~u ~iwn tM (10) d~yt in ~dv~na of ~h~ ~xpiration of ~ach policy, ro dr
liv~ M aid MORTGAGEE ~~Mfw~l fhNlO}. ~op~thK with • naip~ for tM pnmivin of wch r~rxwalj and th~r~ shall b~ no iu~ w windstwm inswant~
plaad bn My of saW buildiny~, ~oy tntaeN tlwnin a p+n tMno/, unl~ss In ~M fwen ~d with tM tou WYabl~ as ~fa~s~id~ u+d in tM ~wnt ~ny swn
of enon~y b~comp paYabl~ w~d~r wch policy w po~icl~s s+~d MORTGAGEE sMll !ww tM op~ion lo ncsiw and ~pply th~ san+~ on account o( tM indeb~ad~
r~ss sKw~d ha~by or w pKmft wid MORTGAGORS ro rsaiw ~nd H a+oy put th~reof iw o~her purposcs, wt~hout Iha~eo/ wai~i~.g a~mpair-
ieg any pvity. li~n w ripht ued~~ w by vi?tw of thi~ mwtqap~t Md in tM ~wn~ s+id MORTGIIGORS sMll fot ar?y ~~aaon iait to keep 1M s+id pr~enises w
Msw~d. a bIl b d~liwr pranptly ~ny of Nid policits of i~swanc~ to N~d 1NORTGAGEE, or fail promptly 1o paY fulty ~ny premium tha~fp a ir? u+y
r~sp~ct fail to pKfw~n, diuMrye. ex~cvts. ~ff~ct. oompbt~. oomptp with ar+d ~bid~ by Nds aoweant. w any part Mr~o/, s+id MORTGAGfE may plac~ and
paY fa sud~ ioswanc~ o~ any pat 1hK~of without w~ivinp or aff~ctMp ~n~r option. li~n. Mu+h?, or ripht under a by vinw of ~his Mw~~. aed fM
full amow?t of each and ~wry wd+ p+Ym~ro sh+ll b~ imm~diat~ly dw and pyabl~ u+d ~MII beu intK~st f~om th~ dat~ thereof until paid a tM un ol
nin~ pK untum p~t ~nnum and toae~lxr with such Inte?~st shalt b~ s~cvrod by th~ lia~ of thq mwp+pe.
1. To pKmif, cann~it o~ wffa oo wast~. M~palrment o? d~teriaation of ~aid propMtp o? +~y P+~t tMrwf.
5. To p~y all and skquta~ th~ cests. d+arg~s +nd ~xPa+ua i~civdinp a r~awn+ble anom~y'a fee ~nd oosn of ~bstncts of titl~, incwred a paid st
•~y time by said MORTGA6EE, b~cav~ w in ttr ~vN?t of tM failun on ~h~ p+rt of the uid MORTGAGOR to duly, promptly and fv~ly ps~iorm, d~xhs.9~,
execvt~, ~ffect, oompbt~, comply with and ab~ds by each and every the stipu~atioes apreements. conditia+s, ~~d ww~ann of said promissory note and tha
^+e?t~+pe +^Y w ~itha. ud said coiM~ cAar~es ~nd ~xpsn~es, ~ach ~nd wKy. shall k» imnxdiately dw and p~yable: whether w not ther~ b~ notice d~
m~nd, ~nempt ro oolkct or wit p~nd~rg: and fM full inavm of ~ach ~nd w~ry wck WYma+t sh+ll bea. interes~ from fha dafe thereof until paid af t1+~
rate of n~ne per ccntum per ~nnum; and aN said costs. cMrqea and expen:es inaxnd a paid. topethsr w~th ~~ch interest, shaU be secured by the lia? oi tha
^~+A~ . .
6. ihat (a) i~ the ewM of ~ny breach of tl~ Morty~pe or default on tFr p+rt of tM MORTGAGOR, or (b) in the eveM any of ssid surns of money
hertG~ r~fNred to be ~w promptly and fully paid within thirry (30) days next afte? the same seve?all~ becoms d~e ~nd payable• Wi1FWU1 dQrtNfld 01 f1011tf.
w{~ In the event each and ewry tl+e stipulatioos agreem~nb, co~ditions and coven+nn of sa~d prorri~swry note ~nd th~s matpaye-sny a eilhs? ~re no1
~vly, p~ompNy and fully pKform~d, d~sch~rped, exscvtsd, ~ffected, compl~ted, comptied w~th and abided by, then in either a any such ewnt tla ~+id ag
greg~t~ wm mentioned 'e~ a+id prom7saory nota thM rem~ininp unpaid. with intenst acuwd, ~nd all moneys secured hereby, shall betortie dw snd pay~
abk forthwitt~, p thereafter, ~t the option of said MORTGAGEE, as fully aod comple~ely u if all of the said ~ums of money were originallr s~7pulated
to be paid ot~ wch day. ~nything in said promisaory note w in this Moriys~e to th~ contrary ratwithst~ndinp: and thereupon w thereafter ~t rh~ option of
ssid IMORTCaAGEE, without ootice a demand, wit at law w in equity. thcrefore w thercaher beyun, may b~ prosecuted u if all ma~eys tacurad hereby
??ad muwed prior ro in insriwra~.
7. ?hat in the ~~ryent that ~t the begiru+inp of or st ~~y tim~ pa~d'ny sny wit upa+ this Mortp+ye, or to fweclose it, or to reform iL or to enforc~
paymem of any daims hMew+der. s+id MORTGACsEE shall spply to tl+~ Court having jurisdiction thereof fw ths ~ppantment of • Receiver. such,Cowt shall
fwthwith ~ppoint a receiver of ssid mwt~+yed property all ~nd sirgutar, indudug all ud singvl~? tM income. profi~s, issues snd revenues irom whateve~
swirp dKiwd, each ~nd ~very of which, it beinp expreuly understood, is hercby matqsged ~s if ~pecifically set fonh ~nd described in the ~rantiny and •
hsbendwn clauses hereof, ~nd such Reoeive~ shall have all tM broad and effective f~nctions siK! powcn in anywiae entncsted by s Court to s Receiver, and
wch appointment shatl be m~de by wch Cowt as ~n ~dmitted eqoity and ~ m~tfer of absdute riyht to said MORTGAGEE, and without reference ro ti»
adeqwcy w inadeqwcy ot th~ valw of the property mort9+ped or to the swvency o? iosolvencY• of said MORTGAGOR « ~he defe~cla~n, and that such
rents, profits, income, iuues and revenues ihall be appli~d by wch Receiver accorduip to tM lien a aq~rity of taid MORTGAGEE and the practiu of wcb
Court.
8. To duly. Pro~ry a„d h,~y ~o.m, ~scn~.9e, execvte, effed, complete, oanplY with aod sbide by tiach uid every tM stiputations, agreements,
cor~tans and oove~+rs in ssid promiaswy rwtt and tha morr9s~ sd forth. .
9. That in the eveM the own~rship of the mo~tg~qed premaes. a ~ny p+rt thereof, beoornes veated in • perwn other th~n the MORiGAGOR, ths
MORTGAGEE, its wccessors and suipns, m~y, withovt notice ro the MORTGAOR, desl with such wccessor a successo~ in interest with refer~nce to thu
mortgape ~nd the deb~ hereby secvred in the sams minner as with Mwtgagor without in ~ny way vitiatinp w dischargi~g the Mortyagws' (i~bility FKra
unde~ or upa+ the debt hereby secured. No s+le of the Fremises hercby mo~f~aged and ~o forbearance on tM pan oi the MORTGAGEE or in wccesson
or auigns and no exrension of tl+e time fw the payment of the debt hereby secured 9iven by the NWRTGAGEf or in successors w suipm, st?all optrate
ro rsleas~ disch+rye, modify change or affect the oriyinsl lisbility oi the MORTGAGOR herein, either io whole w in put.
10. h h speNficslly agreed that time Is of the essenca of this corNnct sod that no wsiwr of any obliystan hereunder or oi the obliyatio~ sa
cured hereby sfNll at any time thereaher be held to be s waiver of the temn heraof w of the iratr~ment secwed herby. .
11. In add~tan to the forego:ng monthly psyments of primc'pal ~~d interdt required by tht promiuwy note secured hereby, mortgsgor covensnts
and agrees to pay to morigagee with each mo~thly payment an addi~ional swn estlmated by mortgagee ro be equsl to 1/12 of the annual cost of the follow-
A-All ~eal property t~:es kv'~ed or assessed agair~st the above described resl estate.
B-Premiums on fire and windstotm inwrance as herein teqv~red to be carried on the improvemenri sitvate on the above desvibed premises.
C-P~emiums on wch mortgage yuaranry inswance as mortg~gee shall from time to time deem fit w carry o~ the•loan secvred hereby.
' Mortgagee slwll fran time to time notify mortgagor in writing of the amount due and pay~ble hereunder and such wm shalt thereupon be due and
~ payabk on the due date of the next monthly p~yment and esch successive month there~fter until mortgapee sha~l notify mo?tgagor of s chuge in such
;i amount. Such sums shall be apptied by mortyagee towsrd the psyment of real property tsxes, inswance prem:wns, and mortgaye gwraMy imur~nce
premiums. • "
~ IN WITNE55 WHEREOF, tne wid MORTGAGOR iw hereunto set his hand and seal the day and yeu fint aforesaid.
n Sipned,_Ssalad'')'~ dtlivered in the prese++ce ofx
E t~.l,~ hn - i l n~t,., i1tE~ 0 NE q
QtERK Ett T 4
REfARO YE If Q ~
~ - -K--n
STATE OF FIORIDA
~
courm oF S? . LUC Ifi ~ ~ ~i
e.to.. m. P..~uy.~..a Travis Murphv, Jr. .~,d
$h8lOA Mt1ZpZfY his wife, to me well known ~nd krawn to me to be
ths ind'ividwb describad in and who ~xacvted the forcyoinp instrurnant, and acknowladped b~fore me that they euecuted the ssme for tM purpo~es ~
e~~, ~ ~~d Sh8ZOA Nhtsphv
wifs of tM said Travi s Mur ~hv ~.l~ . , upon ~ sep~rat~ ~nd privat~
e:smin~tion by me uken tepar~te and ap~rt from her said Ix?sband, adu~owledy~d to aod befor~ m~ th~t she executed said irotrument hNly and volw~- ~
urily and without any computsion, conseraint, apprehero~on, or fear of or fran het s~id Iwsb~nd.
WITNE55 my h~nd ud official seal ~rhK day of A. D. 19~Q
€ .
(rol~ty A~blic in ~+d for tM St~t~ of flaida at L~rp~
~ " : r:~.~.~ I
~ Return Ta `~~~~t1~N~Ntfi.,t
Fint F~dard Ssvirgs 3 loan Associatan 'Z~~ ~ J~!~~ EXPIRE$~ ~9'73
•Zb~~ nain ~ ~r E~ ri~
Of fort Pbcrce. M 0 •I~ 1
Fwt Pieru. Flwida , "i(~-, •~.J i
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This Instrument Prepared By John W. Co11~1,`.~,~.'~~`~ .
First Federol Savings b loan Association ,F`'. . '
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' of fon Pierce ~ Florida ~'~,y c~~~ . '
~ ChetlCCd By /~r` ~ "•,~,t~~ i ~~y ,
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p R Q ~'1.,-1~:::. :j=. - .
600K 1~p PACE~ ~
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