HomeMy WebLinkAbout0357 io pik~ and t.~Rl~nuOUSly ?Np on ~M b~~:d~~f rww a her~~ItN IAwN on sa~d I~n~~ a+d .x+ •C rq~~µ~e+,~ •nd {x~?w~a11Y co.er~d bY It~i~ rnor~Q.
p~. wah al) pemwm~ Ihe.eon pad ~n luii. f~~t ~~~w~~,x~ ~he uwal sta~d.ud ~w'~cY fu~m. r a w.~ a~.pr~vrJ by ti~ M~R~vA~tl. •nd .~.~wl~~am
~nw~anc~ m tM w.ral s~a~..ia~d Fo~.cy lam. • wm ~pwo.an! b~ ~M AI10R1G/1GtE. in wch cw~~pso~ cr c.r„F~amet af ~I.~ A~URI~;AGlf nu~
d~~ec~; and NI Ilr• a+~d v~.ndsro~m mwranc~ 1w~~c~~ oo ~~i~ o! •a~d bv~~d~nps, ~ny imaes+ aie+e~~ ~ ~vr~ tAr~~l, in ~M aqy~cya~r w~n ~lae~~~d a
in ~at~ff ~he.~of. tMU c~+?a~n tF» ufval a~a,.da~J nw~ryayN c+a~w a such otFw~ c~a~i~ ~M McN~y~yre may ~e.~u..e. m~l~~y ~~.r ~ca~ ~~~Jr. •.+.J po14 ~
c~f, eatA aod ~very. payabit b saul A1JR1GAi~EE ~s ~N ~~te~rN rn~y ~p~~, ~nd cach a~d e~cry wch ~~:~cy ~I~sll be {•rpi~pUy •~sy~,rJ +~,d dr~~.cred ~o
~ny hcld by w~d MORIGAGEt ~s f~r~he~ ftCNnty f0 H~ nWrlQay)1 deb+, a~+d. no~ le~? than ten if01 datis u~ aJ.~~ue ul ~1.c e.p~~a~~.r~ al exh po~KY, ~o d~-
LvN ~o ~~d MORTGAGfE a r~newal IM~eol, toqetl+« wi~A a rece~pl fw Ihe p~fmwm e) ~uth ~ene~na~; and ~here sIw11 tx ~a 1,re o~ w~~,.hw~~n ms~unce
plK~d on My ol fud bvildinql, any imer~st thM~m p pa~l tho~eo(. unlefs in tA! form ~~d wdh ~ht losf paysble a! aforesa~d: a~+d ~n ?i» •.ent any sum
ol moe+~Y becomes pa~aW~ ur+da~ such policy o~ polK~ss a~d MORiGAGEE aMll Mw ihe op~,on ~o ~rce~ve a~xl •~~~~!y the sa~~.e on ac:u.~~~i ol ihe ~~alrbtcd-
nes~ ~ecu~~d fw.eby a w permi~ sa~d MORTGAGORS ro rec~~vs ~nd us~ if w•ny part ~t~r~eaf ~w ef~~~ ~~.w~ ~s.~s. .,.~~,•:•~t ih o. ~~~.w~~•
iry ~ny equ~ty, Gen a r~ht vncle~ a by vi~tw ol ~his mo:ty+ge; +~d ~n ~M ~vent ~a~d MORIGAGORS ~h~li tw s~~y ~ees~n fail to l~rep ~he sa~d p~e~n~ses so
~oiured. w f~il to del~w~ ~.ompUy a~y of said polKies of infura~c~ a sa~d MORiGAGEE. or fa~l ~uumHNy f0 pay fu;ly any pre",~~m ~h~rufw « in a~,y
respec~ I~il to pa(am, diuMr9e. eaecut~. elfecl. comNtete. comply with ~nd a~id~ by ~h~i cove~an~. w~ny pe.t her~ot, ~•~J MORIG~GEE ~~:+r p~ace s~~d
paY fa such in~urancs a any paH 1Mreo( w~~hou~ w~ivirp a aliectinp a+~y option. li~n, equ~ty. w.igM unde~ a by rirtw ol ~hi~ Mo~~pps. and ~h~
fvti amoum ol eacA and evNy such p~yme~t shall 1» ~m.nedi~tely dw and pyabls and sMll bes. inter~•st Irom the da~s ~hereot uneH pad the ~at: ol
n,~ ~,~vi ceowm pe~ ~nnum and to,~e~her wi~h ~uch i~iteres~ sMli be secered by tM I~en oi eh~f mor~g~9~.
1. To permit, tommit a suffe? no wasl~, impairmcm a detera~at~on of said p~operty or any p~rl tRe~eof.
5. To pay ~11 a~d singul~r tM cwb. charoes and eapentes, includ~rq a~tasonable ~nw~ey's (ee a~xl coses ol abst~acts of t~ile. iruurrcd o. pa~d et
any time bY ~~~d MORIGAGfE, beceus~ or in tM ~vem of 1he fa~lu~e on 1he pt,r1 of Ihs said MORTGAGOR 1o duly, pranp~~y and fuUy pcrfwm, dncM~9e. i
execuee, effed, complet~, comply w~th aod ~b:de by each ~nd every the siipu?at~ons, +yrern,ents, ca~J~~~oni, and cove~unts oi seid p~an~asory note and ~hi~
n,atpage any w e,~her. •nd sa~d costs, cMrfles and expenus. each and every. sMll b~ immrdutely due and payab;e: whether w no1 ~he~e Ix no+,ce d~
msnd, attemp~ to caUect w iuit p~ed~ng: ~nd ~M lull amoum o1 each ~nd wery iuch payment .~halt beu mtere» lrom the da~e tl,ercoi vneil paid a~ the
raro o~ nux per ce~tvm per auw~n: and all ~aid cos~s. chu9e~ and eapenses incurred a pa~d, topether w~Ih such ~~itmrzt, shall be secured by ~he lien of thii
mon9a~.
6, That iaT in the evenf of a~y Meach of this Ma~ga9~ w defaull on 1he part of the MORTGAGOR, w(b) in the event ~ny of sa:d sums of money }
hrrei~ ~efe~rrd to be naf p.omptly and fully paid w~~hin th,rty ~30) days next after the sanu uvero~ly brcane due and payeUle, withou~ demand or ~otke, ~
o~ in the ewnt each and every the stipuiations, sg~eements, conditions a~x! covenants of sa.d promissory note and ~h~• mo~tpaye any w e~ther •re no1
~uly. promptly ~~d f~tly pe~fwmed. d~scMr9ed. executed. elfected. compieted. compl~ed with and abided Sy. tFxn in r~the~ a•ny fuch event the ia~d ~9.
gre9~te wm mentbned in said promissory note then renuinin~ unpa~d, with interosl accrued, e~d all ma~ys secured hereby, shalt becw,~e dve and pay-
able fo~thwith, o~ thereafte~. N the ops:on of said MORIGAGEE, ~s fully ard comple~ely as il ell of the sa~d sums oi money vvere wg~nally sr~pu~ated
~o be pa~d on such day, anything in sa:d p~om~ssory note or in thif Mo~igage to the contrary notwiths~and~ng; a~xl ~here~pon w thrreafter ai the opnon oi
snid MORTGAGEE, without nonce o~ demand, sui? at law ot in equity, therefore o~ thereaher bepu~, may be prosecuted es if all ma~eys securet! hereby
had maturec}pnp 1o its ~nat~tut~or?.
7. TAat in the e.ent that at the beginning of a at any t~me pend~ng any su~t upon this Me.tgage, a to foreclose it, or to refwm it, w ~o enfacs
payment of any claims he.eunder, said MORTGAGEE sMli apply to the Cou~t ha~ing ~ur~sd~ction thereof tor the appomunent of • Receiver, such Covr1 shell
fwthwith ~pFwmt a receiver of seid mortgaged proQerty all and singula~, intlud~ng ail and s~~gutar tM income, p~of~ts, iswes and revenves fian whatever
s.u~ce darivcd. each a~d every of wh~ch, it be~rg expreuty unde~stood, is he?eby mo~egagre! as if spec~llcalty set fath and descr~bed in the gront~ng and
haber+dum ctauses I+er~of, and suth Reteive~ shall have all the txoad and eff~ctlve funchons and pe~vers in anyw~se entr~sted by s Cou~~ to a Rcceiver, and
s.ch sppointmant shall be made by suth Court as an admitted equity and a matte? of abso~u?e riqht to sa~d MQRTGAGEf, and withcut ~cference to ~he
ed~~acy w inadequacy of the valve of tht p~operty mortgaged or to Ihe sotvency or insolvency o( sa~d MORiGAGOR a ~he de!e~~dann, and ~ha~ such
renn, prolin, inca~, iuues and revenues shall be applied by such Receiver atcord:n9 to the lien or equity ot said MORTGAGEf and the prauke of such
Caxt.
8. To duly, promptly and tully per{o~m, discharge, execute, efiect, complete, comp~y with ~nd abide by each and every the stipulations, agreements,
conditions artd covenams in sa~d promissory note and Ihis mwtgage set (wth.
9, Thet in tAe evenl the ownership of the mutgayed premises, w any part thereof, becomcs vested i~ a pcrwn other than the MORTGAGOR, the
AIQRTGAGEE, eb suaeuors and ass~gns, may, withou~ not~ce to ~he MORTGAOR, deal w~th such successw a svccessor i~ inte~est w~~h re(erence to this
mor+geye and the debt hereby secured in the ssme manner as w~th Mortgagor w~tAout in •ny way viKating p d~scharging the Mortgago~i liability hera 1
under or upon the debt hereby sec~red. No sale of the Fremisea hereby morigaged and no lorbea~ar.~e on the part of Ihe MORIGAGEf or ita suttesscra
w ass~~ns and no ea~ens~on of she t~me for the payrtse~t of fhe debt hereby secur~d g~ven by the MORTGAGE~ or ~ts successors o? ~ss~gns, s.yall operate
~o re+csse, distlwrge, mod~fy char+ge or atfett the orig~nal ~iab,l,ty of ~he MORTGAGOR herein, eithcr in whole or in part.
10. It is spec~fica~iy ag.eed rhat time is of the essence of this contract and that no waiver o( any obGga~~on hereunder a of the obligaYan sr
a:red hereby sMl1 at any time therea4te~ be held to be a waiver of the terms hereof a o( the instrument secured herby. `
?1. In add n. ~ ta :he forego n~ monthly payments of princ paI and interest required by the prom~swry • no!c s~-currd herebp, mortgagar toveaants ?
and agrees to aay to roortgayee ~w~th each mortfhly paynzent an add~uonal sum est~mated by mortgagee to br equa~ to 1. 12 of t:~e annual ccst of the foflow-
4
A-A!I rea~ ~roprrty taxrs iev~ed or assessed against the above described real esrate.
6-F~:m ,:•rs on fi.e and w~ndstocm ~nsurac~e as here~n req~;red to be carried on the ~mproveme~ts s~tuate on the above dasvibed premises.
I~ C-Prem;v~+s o~ wth mortg~ge gvaranty irts~rance as mOrtgagte shal? from t:me to timc deem fit to Carry on tfie loan setured hereby.
~ Nlertgjgee sna f from ti~ne to t;me not~fy mo-tgagor in w~iting of thr amount due aod payable hereunder and such sw: shall there~pon be due and ~
cj~ab!e on thr due date of ~he neat month:y payment and each successive momh thereafter ur.til mwtgagee sha~l notity mortgagor of a change in such (
~ a~ount_ Such s~:ns s^a l Ex applied by mwtga9re toward the payr*xnt of real property ta:es, inwrance prem:vms, and mortgage g~aranty insuraoce ~
t
E c-emiums. -
~ IN \YITNEaS K'HfR~~f. rhe said MORTGAGOR has hereunto set his hand and seal the day and year first sforesaid_
€
Signed, Sealed and delivered in the presence of: ~L / ~ J~~-.-Nen
FILEO AM? RECOR~E~ Q~1i is•s~_ r i~
iT.lUCIf COUNT1f ~ P~te Van ele ~,q
~ ROGER POITiIAS i _ ~
CLEitK C1RCUIT !s~+q
- RECOItD VERIf1E0 ~ Mg2~ig Vea1 I~16 r~,q
5"ATE OF FLORIDA Q 12 ~ P~'
~ ~
~ st. 2C 25~8 .
and ~
Before me personally appeared ~t@ ~A[1 ~e~9 '
1'S82"~8 08II ~@18 his wife, to me well known and kr?own to me to bs ~
~ che indiv~dwls described in and who ezecuted the foreyoing instrument, and. acknowtedged befwe me that they executed the same for the purposes ~
~ ~tic~e~~ expiessed. Md the said K8I'~8 ~/8I1 ~618
+~~fe of the sa~d 0~ ~el@ upon a separate and pfivate
~ e=a~n~nat~on by me taken scparate and apart ir~wn her said h~sband, adcnowledged to and bcfore me that she executed said instrument freely and votun-
~ far~iy and wirhout any compu;sion, constraiM, app~ehe~s~on, w feu of or from her said husband.
~ WITNESS my hand and offk~al sea! this 2~h day of ~Ce~~Ar A. D. 19 70
~ ~~t~' h-, [:c~~~,
~ Nofary Pubt'~c in ~nd {w the State of Fbrida at lsrpe
~ My Commiuion expires:
~ Return Ta .•.~~~~er~~~, IIpTM/ PUBtJC, STATE OF fl.OR10A AT LARCE
~ F~nt Federsl Sa~~ngs 3 loan Assoc~at:w, , ~ COMMISSIOid EXPIRES SEPT. Z3, 1973
~ Oi iort P,e~ce_ ~~~i~~ ~11R~1 fBED ~ DIESTELHORSI~
Fort P~nce. Florida N - ~ ~ ~ %
_ _ ~
~ ~ `C' YL v ,
• : ~-tl: . _
~ r ~ -'~~j - ~ ~ ~ .
~ This Instrument Prepared By J. D. Chs8't8371 ;~"~y''
.
~ First Federal Savings 8 Loan ~?ssociation ~ .
~ of Fort Pierce~ F102'id8
.
~ ~,Q ~''•~•~:,~~~~~„5~`~.
Checked By LG~- -
eooK 1~9 F~c~ 35~ ~ . .
~
~
~ - ~ .
- ~s
~
~ ~3 " ' ~ - - _ _ -
` ~"a~ -y;'~.,.v, . ~ .
- ' ~