HomeMy WebLinkAbout3009 ie p1ac~ ~~d ca?~~nvwsh ~NP o~ ~M bv~:d~p~ now w MrNl~s~ atv~N on ~a~d 4nd a~d o~ ~n equ~p~~ ~d paw+a~~r co~er~d b~ ~h~~ r~wp~
p~„ w~~A all p~.w~a r1+Nwe p~~d M ~vit, I~n wawMC~ ~n ~M v~wl ~~~r+da~d po~Kr Fa^ti a~~~^ ~VWo.e~1 b~ rM AM34•:,aGEi. •~,d M~~S~a~ .
~nan~ ~n Me wwl N«wl~rd pa.c~l ~a~w, in ~ w+w ~ppror~d by N+~ MOtICr1~GEE. fn wcA comp~ny a coTp+n.e~ ~s M~e MORiG~6EE Tay
dwc+r r~d NI 1'a~ and w«Mk~arw imw~rw pWkw~ on N+Y ol w~d bui~d..yp. ~ny ~nN~~s~ elw~e~n oe pa~~ ~he~eol, i~ ~M •pp~op•~e +vT •Iaes~d a
M~ac~ N~e.~ol. NuU conain Nr ww1 uMd~rd ~or~ppM d+vN a wrA al~ dww ~s ~M lMorqps~ ma~ ~p~,re. m~t~ny u» ~ou ~~J.. •,~d po+i~
ciN. ~ath and ~w~Y. MraW~ q~ud MORIGAGEE a~ it~ iehrt~~ nur ~pp~a~. ~nd ~acA and we,y ~vch pu~~c~ ~h•3~ b~ prompi~~ u~ y•Kd a~d d~nvered +o
~n~ IK~d by wid MORiGAGEE a ivnM+ wcwit~r a wid ~nat9ap~ d~W. ~nd. ~a ka~ Nw~ ten 1~01 day~ in adY~nc~ ol iM e.p~•anon o1 •ach PoiKY. to dr
liwr b wid MORTGAGEE • r~w~l Iha~of, WqN1w~ wiM ~ nnipt fa M~e pr~uww o1 wch ~ene,ir~l; ~nd d,~r~ ~ha11 b~ no f,~e or w~~~J~ro~~T ~nw~~nc~
plao.d on My of Nid bvitdinpa, M~ intK«t 1Mr~ o~ W?1 thKeo/. unita in ~he (o~n? and wi~h ~M bu p+Y~bl~ a~ •!a~?e+ds ~~+d in the fVf/N •1\Y ~yT
a„b,wy beco~ p.r~ ~A pol;cy a po1K;N a;d MORiGAGEE •Aau Mw ~h. opran ro~ec~~w a~d ~pply ts» ~am~ on ~ccou,d oi ~i~e u~dea~ed
n~u secw~d M+eby a a pKmit Nid lNORTGAGORS ~o ne~:w a+d YN it Or ~n~ pa~t Ihlre0l Iw OU~er µ~r~,O~es. .1~~hO~t ~h~•.ur wa~.~ t~ r~~po~•-
inp ~nY p~~ty, Iwn a rpht urdM w bp virtw oF tl+is a+orrpp~j ~nd in tM ~wn~ sa~d 1NORTGAGORS ~MII fa ~ny ?~awn tail ro ice~p ~M f~NI p~imifH f0
inwred, p f~il W dtGvM pranptly ~r of saW polieias of imw~nc~ b sald 1NORTG/1GEE, a fail prompdy ro pay fv~ly ~ny pr~mwm tFxrefw a m~ny
r~sp~d fail ~o p~.fam, d~xharq~. ~~scvte, eff~cf. compk~~. canply wi~A and ab~d~ by thM cow~+n4 u any part he~w(, w~d MORiGAGEE m~y p~~ ~~~o
P+Y (o~ such imwanc~ a~ny pael tM~w! witAout w~ivinp o? aH~etinp +nY aP~ian, lien. ~Ru~ty, w righ~ ~nd~. a by virew ol th~~ Mo.~qa~, ~nd ~Ae
full amouM ol tach and twry a~ch p+ynwnt sMll b~ im~n~d~at~ly dw ~rtd p~yabN N+d aMll bea~ inre~ei+ from rM d~t~ the.eof uniil pad u the rar~ ol
n+n~ pe. cenwm pM annum ~nd top~tF~er with ~uch intKe~t iMU b~ secur~d by ~h~ li~e~ oi this mwt9+~e. •
1. To pl~mit, oomrnit a suf(e~ no wuN, impairmtnt a dNetioratan of uid p.apaty a~ny paA thereof.
5. To pay ~11 and ~frgula~ t!» cosn, charp~s ~+d ~xp~n~s. includinp a re~so~+able attaney's (ee and costs of ab~+rxts oi tiele, encurred w pa~d st
sny time by said MORTGAGfE, Mtavu w in tFw ~veM of tM failu~~ on ~ht p+N of tAe wid MORTGAGOR ro duly, promptly and fully perform, d~xhsrg~
eaecute. o(fect, campkq, ca++p1Y w~th and eb~dt by ~ach ~nd ~very th~ ttip~ia?ioni. ~preements. con~~tions. +nd cove~unes of ss~d pra,~:saory note and ~h~~
monyap~ ~ny w ei~hsr. and sa~d cosn, char~s u+d ~:pemts, each and ~very, shalt b~ immedia~ely dua and payable: whether or nor there be no+Ke de
mand. ~nemp~ to colkct w wit pend~np; ~nd tl+~ full amount of each u~d werY s~ch payment shalt be+r infer~st from ~Ae da~e thercof unril paid at ~he
rate of nine pe~ centum per a~wwm; and all s~id cwts, char9es and expenses incwrad or paid, together w~th such intereet, ~hall be tecured by the I~en ol th~~
mort~+p~.
6. TFwt (e) in th~ evw+t of «?y ~reach of this Mort9a~ w default on ths part of the MORiGAGOR, a(b) ~n the event a~y of sn:d sums of money
herein r~ferr~d ro be not promptly a~d fully paid within thirry (3pl days nex~ after the same severally beconx due and payable, without demand o~ notice,
o? (c) in tM event each ~nd ~very the itipulations, agr~sme~ts, cond~tia+s and coven~nts of sa~d promiuory note and th~s mortgaye a~y u e+thcr are not
i~ty, prort~ptly and fully perfamed, d~xha~ged, eaecut~d, eifected, compteted, complied with and ab~ded by, then in e~?he? w any such evem ~M w~d ag
gregare wm mentionad in said promissory note then remaininy unpa~d. witF~ inter~at xuued. and all ma+eys setured hs~eby. shall become due and pay-
able forihwith, p theresfte~, at the option of said MORTGAGEE, u f~tly and comple~ely as if all of the sa~d sums of mo~ey were a~ginally st~pvtaud
to be pa~d on svch day, anything in said prom~uory note or in this Matpape to the contrary notwi~hstand~ng; and ~hereupon w therea(te. a~ the op~~on of
said MORTGAGEE, without notice o? danand, suit at law or in puity, therefore w therea(ter begun, may be prosecuted as if all moneys secured hereby
had matwed prar ro ita imtitution.
7. That in the event that at tha beginning of p at any time pending any suif vpon this Mortgage, w to faeclose it, w to refwm it, w to enface
paymeM of any daims he+eunder, said MORTGAGEE shalt spply to the Court h+ving jur~sdrction thereof for the appo~mment of a Receiver, wch Cou~t shail
fathwirh +ppoint s receiver of said mortyaged property all and si~+gvlar, includ~ny all and singuls? ths income, proiits, issues and rever.ues from whatever
wurce derived, each ~nd everye of which, it beirg exptessly u~de?stood, is hereby moregaped ss if specifk~lly iet fath and desuibed in the granring and
habendum da~ses hereof, and such Receivn shall have all the broad and effective funcnons end powers.i~ anywix entrusted by a Cou.t to a Receiver, and
:~ch +ppointment shali be made by wch Court as an admitted equity and a ma.tta of abwlute ?ight to said MQRTGAGEE, and without reference to the
edeqv~cy w insdequacy of fhe v~tue of the property rnortgaged w to tl~e wtveilcy o? 'r~so~vency of said MORTGAGOR or the defendanrs, and ~hat such
renn, profits, incane, iuues and revenues shalt be applied by such Receiwer accord~nq to the Ge~ or equity ot said NWRTGAGEE and the practica of such
GouA. .
8_ To duly, promptly and fully periorm, discharge, execute, effett, compki~, comply with aod abide by each and every the stipulations, agreements,
conditans and covcnants in sa~d promiuory ~+ote and this mwtgsga~sM;Mrlh. .
9. That in the event the ownership of the monga9ed premiaes, w;^~ pxt tl+ereof, becomes vestad in a penon other than the M08TGAGOR, the
MORTGAGEE, its s~ccess~rs and ~uigru, may, without natice to the MORiG/~OR, dral with wch wccessor a successor in interest with reference ~o this
mortgsge a~ the deb~ hereby secured in the ssrtte manner as with Mortg~go? without in any wsy vitiafirg a d~xharyirg the Mortgagors' liability here-
under a upon the debt hereby secured. No ule of the premixs Fxreby mortgaged ~nd no forbearance on the part of the MORTGAGfE or its succeswrs
or assigm ~nd ra eatenaion of the time for the paymem of the debt hereby secured given by the MORTGl~GE~ or its successors or auigro, shall operote
ro release, d~xharge, modify change w+ffect the original liabiliy of ~he MORTGAGOR herein, either in whole w in part.
10. It. is spec~ficaily agreed that time is of the esxnce of this contntl and tMt no waive? of any obl~gation hereunde~ or of the obligation se-
cured hcreby shall at any time thereafter be held ~o be s wai~er of the ferms hcreof o~ of the instrument secured herby.
11. In addrtion to the forego:ng m~nthly payments of princ'pal and interest required by the promiuory note secured hereby, mortgagar covenants
and agrees to pay to mo:tgagee with each mo~thly payment an addirional sum estimated by rtwrtgagee to be equal to 1,' 12 af the annual cost of tbe follow-
ing:
A-A~I ~eal property taxes kvied o? assessed agai~sl the above described real estate.
B-Premiums on fire and windstorm insurance as herein requ~red to be wrried on the improveme~ts situate on the above described premises.
C-Premiums on such mortgage guaranty insurar~ce as mortgagee ihall from t~me to ti~e deem fit to carry on the toan secured hereby.
Mortgagee shail from time to time notify mortgagor in writing of the amount due and payable hereunder and such sum shalt thereupon be due and
~ cayabte on the due date of the nezt monthly payment and each successive month thereafter ur,til mortgagee shall notify mortgagw of a change in such
~ amount_ Suth sums shall be app!ied by mortgagee toward the payment of real propqrty f~aes, insurance prem:ums, a~id mwtgage guaranty insurance
~ ~~emiums. . .
IN WITNESS WHEREOF, the ssid MORTGAGOR has herevnto set his hand snd seaJ t;day and year fir t sforesald.
~ s~.~ a~a or: r~~EO AKO RECOSOt1 ~~-~.C4/ ~
} , St. ROCER
P0ITRAS ~ a~
~ CIERK CIRCUIT COURt i~ -J~' ~~~•G~ tSrap
~ RECOR~ VERIFIEO~ «'n
~ n-+q
STATE OF FIQRIDA ~E 1 V~ 1~'~I •
courrrr oF Lucie ~ ,
~
~ Befae ~ iiy verlin K. williams 2~ 42i0
~ o~iris i~llia~s ~
h+s wife, to me well known and known to me to be
~he individwls dsuribed in and who exauted the fweyang instrum~nt, and atkrwwledped befwe me tMt they executed the same fw the purposes
a rhe.e~n exPressed. nnd the ss~•~ Doris Wf11~A14S
wi(e of tM ssid Verlin K. W~11~81R4 vpoo a separate and priwte
~ examinstion by me taken separate and spart from her said husband, acknowledged to and befwe rrK that she eaecuted said instrumeM freety a~d volun~
~ rer~ly u~d vritho~t any compulsion, corutr~int, ~pprehens+on, or feu of a from her said husband. T'
~ WITNESS my hand and official s~al this 3~-/-l day of -P A. D. 19~!
~ Notuy Pubtic in a~d- for the State of Flwida ~t larye
~ My .STATE .
~ Return Ta. MY COMMISSION ~ F~~~ AT ~AR~E
First Fader~l Savings a loan /lssociation EXPIRES
~ ~ ~ SEPT. 2~ 197
~ Of Fort P~erce. ,~~~.~~tN~~~~~, ~ ~i~ 3
~ Fort Pierce, flwida 1~ • .
F 4~ . s ° .
~ ~ • ~ . t _
.
~ ~ ~-~~~}}}~L;t~-~~i:
Q~ 3~~Q{~~~ • ~
This Ir~strument Prepared By ~tn. E~ Brsup j;,;~ "-,j~.: i
~ First Federal Savings b Loan Association ~r.k---~;;Q~~•~`~~:.~:
of Fort Pierce , Florida : ~ :°~~_~~q=~s-J ,•z•~
y :;.,~~~L ~Q.~ :
. _ . ~ _ _
. ~
? ~~r .
Checked . ~ -
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~ BooK 1~9 300~ ~S
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