HomeMy WebLinkAbout2864 Te ol~ ~nd cane«~w~+~w kNP m~tv br, d~~ rw~. a hrad+~ ~~+ww o~ w~ ~Md ~~d o~ ra~~e~r pena~~~'r co.«~d b. ~•wq 4
q~. w~M dl pr~+~.,n~ trwww Wd ~n 4u~L hn ~nw~~nc~ ~n ?w usw~ e~~ds~d po K~ fam. ~n ~~~o.~a.1 b~ +?v MJR vw~•Ef. •~~d w•~+cl~~a~ ~
~raww~c~ +n Nw w.+al ~r~nd~.d por.cY 10~^~ in ~ wM ~PP~o~d by Me M.'1fiGAGEE. u+ ?vcA coR+pa~r a caTyvn:e~ ~s ~h~ MJRIt;~asEE ~+r
da~cti ~nd ~tl f~ ~nd w.e~d~anw ww~roe paK~ on Mr ol w~ bu~~d:pa, arr ~*ar~.~ ~?weu+ a pan Mww1. i~ ~?v Np:.v~~e wT a~a~•e a ~
fe ~~ew eM.~ol, atwl+ ron~Mn t~ wwl w~~d ~noreppM c~awt a wcA at~ c~w~ w rM Marp~pe~ m~Y rp~,r~. m~?,np m~ wa ~r•d~. •a,d pot4 ~
c~. Ncl+ wd e.rMr. Mrao~~ to wd MORTGAGfE ~r ~M ~n~es~ y~~. a~d eac~ ~nd wer~ ~vcA pa:~cr ~Mu oe p•umpny q~xd ~nd de~~.red ~o
~ny AeW br w~d MOR1:sAGfE a tu~Nw Ka+r~h a ~a~d mo«y.~. deb~. ~~d. na Ita~ rMn Nn 110~ d~r~ ~n ~dYa~e ol t?+e tap.~atan o1 c~c~ po~Kr. ro dr
LvK to w~d A40QTGAGEE • rN+ew~i tlwed. MqNMr wiM •?~c~~t fa Me pn~we o1 wd~ r~ne~w~~; u.d the.t ~Mi~ be no f~r• o~ v.:nds~o•~+ ~~+wr~nce }
p~Krd o~ ~ny of ~a~d bwld~~pa. ~w~ ineerNa Nw.~~ or pa.~ tAenof. un?~u ie+ t!y b?n, ~nd we~h ~?r bu Mr~bie as ~lw~?+~d: ~nd in ~he e.~n1 anY :
of nw~y beconw WvaW~ ur~d~. wd+ pol+cli a OdK»a w~d JNORTGAGEE ~Aa11 Mw rM oprwri ~o rase~ve ~~.d ~pp;~ tM s~Rw o~ acco„ro oF rAs i~.deb~rd- r
Mif MtWld 11M~ o~ w P~+nu~ w~d MORTGAGORS a.es.~w N~ 1Nf A O~ •f1y pa~t ihe:lJl fAr .'~ihr~ p~r~~se~. w~th~~.T ih{•~ o. ~wt~~~~ o~ ~n~~~~:.
~y ~~ry, ly~ p„~~~ a py ~w d th~s n,o,-~~aq~: ~d in th~ ~wrn s~~d pAORTGAGORS sM11 fa ~ny reawn tail to ?eep rhe N~ plmAN ~O
~rov.ed, a f~ii w dei~v~ pro~~lY u+y of +aid pdrciN of i+x~x~"ce ?o s~'d MORTGAGEE. w fa~l pr~nptly ~o paY fu:ty anY p.em~„m ~F?e~e4a w~n •~r
respac~ fail b pw-form, d~sch~r~. ~:ecut~. ~ffscl. coinpM~. comp~Y vw~h a~d ~bid~ bY Ma cove~am. a•nv w~• hreot. s~~d McNtTGAGEE mar P~~n •~d
Wv fo~ wd~ ieKw~ w~ny p~n M~rw~ wi~lqut w~iv:eq w~f4~ctinp ~r eWian. li~n. equ~rY. or ..~M ~nde. or by vn~ue ol ih~s M«~ppe. ~++d ~he
t„11 ~nwunt ol NcN ~nd ewry wcl+ WYmM„ sl~I! bs in+n»di~t~ly dut end payabk ~nd sMN b~w i~~erest from tM d~» tAcreol un~il pa~d ~t tM r~~ of
n~rro p~+ ca~:~wn ~ annum and fo~etiror with such inuresr a1+al~ be fec~red by 1!w I~ ot th:s matQpt.
l. ia pKmit. conunh o? wff~+ no w~af~. Mr~p+ir~+enf a dehrar~ran of ~ad p.oQe.tr a~ny part ~he.eof.
S. ?o p~y at! ~nd si~pulN tir cwf~, dwpM ~nd ~xP~~+s~~ ~^dud~~4 ~~NSOnabk ~n°~"n's fee a~+d coses of aburactt o~ title, ir+curred w pa~d af
•n~ tinr by ~+~d MORTGAG:E. bcaw~ w in Nw ewnf of tM f~~~we on ~h~ w?t of H+e ud MORTGAGOit w du~r. P~o~+~ptly ~nd fuiiy pe~lwm, d~scharge.
r~ecu~~, ~ffKt. ce^?Pk~e. ~'^P~Y w~t~ ~nd ~b~de by ~ach ~nd every ~he stipular~oru. +9ree^'ents, cond~~~ons. •nd covcnanfs o( s?~d ~ort+~ssay nofe and ~hy
mwfpape ~n~r a ee~ha. ~od sa~d cos~s. dwy~s ~nd ~:pemes. eacA and ~vsry, sFati be immedutely dw ~nd payab~e: v.het!+er a not tha.e be r+once dc
ma+~d, ~tMmpt to co~lect o+ wit pe~+~~np: ad th~ full amouM of each ~nd ere+Y such paymen~ sMl{ 1xs? imerest frpn tfie dat~ thereof until Qad ~1 fhe
:,u o~ tinr pe? osmv~+ pe~ ~mwm: ~nd afl sad costs. charpea and expenses ~nn+*red w prid. topethn w~~l+ such ~nee~est, ahail be secured by tM I~en of Mo
^a!tp+D~• .
6. Th~t (a? 1F~e ~w~A oi ~ny b~e+ch of Mat Mo'~9+y~ or d~f~ult on the p+n of the /AORTGAGCR, or ;b) in the event any _of ss~ w~+~s of ~aney
hcrein referred ro be not p?ornptly and fully paid wi~hin thirty (30) d~ys next aite? the same sere?aSly become due +nd p+yabl~. wi~h~wt demand a no~ice.
or in thc evant ~ach ~nd eve~y tF+e stipui~tioes, apraeenents, cond~twro and cow~+na ot sa~d prar~sso.Y note and th,s mwi9a~e any w e~ther •re rw1
iuly, prwnptty and fully pKfwrtw~d, d~xMr9ed. e:ccv~sd. ~ffected. coinpi~ted. canP~~ed wnl~ ~^d +b+ded hy. then in e~ther or ~ny such eve~t the s+~d ~g
grc9a~e wm rrkntarwd in said promisswy note tl,en remaininp urW+d. with ~nurost ~ccn,ed, ~nd ai1 moneys secured hereby. shall become due +nd p~y-
eeie fwthw~M. a tF~eafta. at Me opiioR of asid MORTGAGEE. as fultp and comp~euly it •11 oI ~he said sums o6 moncy were aginatty s~~pu;atcd
ro be pa~d on such day. ~nytfiiny a~ sa~d promissory rwte w in tfia Morty+Qe to tAe cw+tr~ry notw~thstand~ng; and thereupa? a thereaf~er at rhe op~~a+ of ,
sa~d MORTGI?GEE, wiM+ou~ rwrice w dsrn+nd, wit ~ law w in pu~ty. tI1NQfW! W thlfNflN beyvn, may be prosecuud as if all moneys secured Ae.cby t
:
nad rn~twed prwr 1o iri irotitution. `
7. Th~t in tlr evem that at th~ beginnug oi or ~1 ~ny time pendiny ~ny wit upo~ this Mor~gsqe. or to foreclose it. or to reform it, a to ee+fwct ~
pawne+?t of any cl~ims Fe+eu~de~. s~~d N~ORTGAGfE ahall app!y to tF+e Court I+~vin9 jur~sdK+w~ thereot f« the ap~w~ntment of • Rcceiver. sucA Cw.t shail
forthwith ~ppo~M • reoeiver oi said n~ort~~y«! property ~II ~nd si~yul~r. includ~rg •11 snd sinqu~x t~e inmme. prol~q. issues snd revenues f~om whatever
sou.ce derived. rach and every of whKh, it banp eap~e~y ue~deneood, is hercby mor~gaged +s ~f speuficaUy set fonh and descr~bed in the y~eneiny and
fiabe~dwn cl~uses hercof, ~nd wcA Reoeiver shall have d! the broad ud effective 4ur+ct~an and powen in anyw~se enUusted by a Court to s Rcceiver, and
~.:,h appointment shs1l be made by such Cowt as a~ +drtutted equity and a mattar of abso~ute riyht to sa~d MORTGAGEE, ~nd wirhout referonce to the
edeauacy or ir+adequacy of the wlue of the p?oQerty mwtgyed or to the sohrcncy or ~nso~renty of se~d MORTGAGOR w tf+e deFendann, and That such
re~n, prot~ts, inca+u, issues and revenues sh+ll be ~pplied by such Receivet accordu~ to ~he lien w equrty of sa~d NIORTGAGEE and the practice of auch ~
CouA. ~
9. To dulY. p.omprly s~d fuly perfwm. d'ocl»?9e. e:en,te, effM. coenplete, complY with ~nd ~b~de by each and every tF+e stipulations, syrermenri.
;onditaro ~+d coverw+a m sa~d promissory note and this mortg~ge set forth. ~
9. That in the event tl~e ownership oF th~ mortys9ed p?emises. o? ar?y p~rt tf+ereof, becoenes vssted in a perwn other than the MORTGAGOR, the ~
A+~RTGRGEE, i~s successors +nd +ssigrn. maY. withou~ notice to the MORTGAOR, deai with such suctessp a sutcessw in imtrest with reference to this
mo-t9ape ~nd the debt hereby secured in the same rt+a~eer u with Mortgagor without in any wa~ vititlinp d dixh~rgirg 1he Mwtgago?i liability hcre- ~
u~der or upon the debr hereby secured. No s~k of the premises he.cby mwtgsged +nd no forbearance on the p+n oi the MURiGAGEE or its s~,ccesson i
o~ augro and no extens~on of the time fo~ the payment of the debt hereby secured yiven by the MORTGAGE~ or its successws a usigns, aha~l operate !
ro re~case, d~scfiuye, mod;fy cMnge or affed tfie ory~nal lisb~i~ry of the MORTGAC,OR here~n, ei:her in whole a i~ part. '
10. h is spetifitally agrecd tfi~t time it of the ess~nce ef this contr~cr snd that no waivet oi any obtig~t~on hereunder a of the obligation sr ~
Nr~ ~1!?{!py sAali ai any time tF~creafier be held to be a waiver of the terms hereot or oi the irutrurrKnt secu.ed herby.
11. In add;T~o~ to the fwepo:r~ morohly p~yments of princ pal snd interest requered by the prom~uory r~c+!e sec~red hereby, mortgag~r covenanh
a.,d agrees to pay ro mortgsgee with es~h r++o~thty pay*nem ~n add~rion~i swn esi~mared by mortgagee to be equai to 1; 14 of rhe annual cost of the foflow-
~n~:
A-A!1 real propeAY taxes kvi~ -or asseued a9airiet the above desaibed rasl estate. •
B-Prem+ums on f~re and wi~dstocm iruu*ante as herein requ~red to be tarried on the improveme~ls s~tuate on the above descr:bed premises.
C-Premi~ms on.such mort9age qua~anty insurar,ce as mor~p?~ee sh~il frorr. t~rr~ to time deem fit to urry o~ the ioan'secured herebY•. . .
Mwtg~gee shali 4rort~ tfrrK to time notify mortgagor irt v~eritiny oi the amouM due sr~d payabk hereunder snd such svm shaN thereupon be ciue ~nd
~.ayabk on the due date of the ne:t monthiy payment and each succetsive month thc~eafter ur.til mwtgsgee shall norify mortgagw of a change in such
a~wrn. Such sums shaN be ~pplied by mortgagee toward the paymeM ot real property taaes, insunnce p?e~n:ums. and gwranty insursrxe
p~emi~M~. •
~ N WITNf55 WHEREOF, nc~ sa~d MORTGAGOR Fw hereunto set his har+d ~rd seal the da~ ~nd yesr first ~f esaid.
i
~ '~rd, a ed in the p?ss~oe of: ? , ;
; zu 4 ~..Ls s
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~ - - - - - - fiLEQ AR~3 R,€M RFu- s~ !
;t. ~ucr~ cou Tr
ROCEa POITRAS
~ - 6LERR CtRC~i1T 6.....i:."`
S~ATE OF fLORIDA ~EtORa vEP~F~EO
~ ~ st. ~i. ~ 8 Z ~ 09 ~'1 ~
e~.~ ~~.«Wur ~~,...ea on H. Davis s~d
C. ~V~! his wNe, to me well known •nd known ro me so bt
rtx ind;vidwk described in ~nd who eaecuted the faayoinp i~t?urt~nt, and acknowkdped befwe me tMt they executed the wms fw the purposes
~ r;,e+ew~ ~xp.esxd. Md tfie ,.r MiailZ~d C. Di?vis
wtre of Hr wid - 1~1Y'~ H• QIY~i upon • sef».ate aod privat~
~ examieyt~on by me t~ken sep~rste ~nd ~pNt hom ha asid Mnband. ~dcnowladyad to and befae mt that she executed ~sid irntrument ffeely ~nd wfun-
~ !a.•i;y and witfiovt ~ny compubio~, cantraint, ~p~xeF~ans~or? or fea. of or f.a.n he+ said Ixnb~rd.
~ WfTNf55 my h~rd end official sesl th~ day o! F~brnar A. D. 19~_
~ ~
; , Notuy P in and iw the ste of F1wid~ ~t la~~p.
~ Mr e:pi.es: G/ S~
Rerurn Ta. ~
~ first F~~~! Savit~ i Loan Aasociatw~ ~~~~•~t~~itr~~'" • R!°,. aak o~ Mr.;da ~t ~
~ ~ F~ P~,« ~,;a~~~=~,~~~: . . ~ b, 1911
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~ Fwr vK,u. F~a~d. i~~_
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~ "'t • ,Y-E~Q!~ ~~I ~ rC ~ ~
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~ This Instrument Prepared By 'Z"l~O~a?s A~ ~IIt~~~O~ ~~i -
~ First Federal Savings d~ Laan Association r~Q~1 i
~ • of Fort Pierca~ R1oZida r ~ : ~
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