HomeMy WebLinkAbout0792 To pl~c~ ~nd contlnuou~ly kNp on th~ buildinp~ now a Mn~hK utuah on uid I~nd ~nd on ~11 puipm~nf ~nd p~nonally cov~r~d by thi~ matp-
~9~, with ~II pr~mium~ ~Mrwe pud i~ full, fir~ Insu~~nce in th~ wual ttu+dard po'iq fam, M• ium approred by 1M MORTGAGEE, •~d w~ndsiwm
lnwnnc~ in tM wual ~undad po1Ky faen, in ~~wn ~pp~ov~d by ~h~ MORTt3AGEE, in tuch company w canp+nih aa tM MORTGAGEE may
dinur ~nd ~11 fir~ and w~~torm inwr~nc~ polki~s on any of uid bulldu+p~, ~nr int~r~~t tMrNn w p~rt tMr~of, In 1M sq~rty~~~ sum afweuid o+
In ~xt~p tMrwf, ~Mil coe+uin ~h~ uw+l uand+rd maty~ cl~u~ a~YCI1 OtFlff CI1uN ~i IM MOtiQ~~N m~y rpu~~~. m~kirq ~h~ lou undsr ~a~d po1F
cs... •.ch .nd w•rr. par•W. a•.td MORTG~GEE a in inr.r.s~ ~n+y •pp.u, u?d Nch and p~ql • WSh pq~icY at P~a^Ptly •s..y~.d ~nd d~liv~~ed ~o
•ny Mld by a~id MORTGAGEE a funl+K s~cwity to uid mat9~p~ d~bt, ~nd, not 1~ tMn t~n p0) d~y~ in +dvsnc~ of tM ~xpir~tion of ~acA polKy, to dr
liv~r 1o uid MORTGAGEE a r~newd tMrwf, fop~tt~ with a ~~ipt fa tM pnmiwn of wcA r~ntwah ~nd thK~ ~MII b~ no f~r~ a windito~m insurance
pl~c~d on any of s~id bulldlrq~. aoy Int~r~~t tMr~in or pu~ thK~of, uelsu tn tM iorn~ ~nd with ~M loss paya6N M~fw~aid~ ~nd ~e th~ ~ven~ •ny ~um
of mon~y b~canM payabN und~. ~uch polky a polkNa wW MORTGAGEE ~MII Mw ~M option b rsaiw and ~pp~y tM s+m~ on ~ccoun~ of iM Ind~bted
n~~s ~ecur~d FNr~by a eo p~rmit said MORTGAGORS ro reaiw ~nd uN h or any puf ther~of fw othe~ purpotet, w~~hout ~hercb~ wai~i~,g or ~~~~pa~.-
iny any pu~ty, li~n w riph~ und~r or by virtw of thb mortp~et ~~+d in tlw ~vent Nid MORTGJIGORS ~h+lt for ~ny nawn t~il fo kaap ~hs s~id premizes so
iniured, w fall to d~tiv~r promptly ~ny of uid poliNta of Ie+tur~nc~ to a~id MORTOAGEE, w fail promplly ro p~y f~lly any premium therefa a in any
?•.p.c~ f.n ro p.r(orm, d~•cMr~•, .x.cu~•, ~f~Kt, canpl.r., comply wUh ~nd ~bid~ by this cowean~, a.oy w~~ M..of, •.id MORiGnGEE may p1+c• +~d
pay fa ~ueh Iniur~ne~ w ~ny pan th~rwf without wdvinp o~ ~ff~ctinq ae~y option. li~n, puity, w riqht und~r a by virtw of ~hii Ma~~y~, and the
ful~ ~moun~ of ~ach ~++d ~v~ry ~uch payrrNnt ~h~ll b~ imm~di~t~ly dw and p~y+bl~ ar?d ~MII bear int~r~u from tM d~t~ thcrwf until paid ~t ~M rate ol
n~ne psr c~ntum p~r ~nnum ~nd toyeth~~ with such intaqt t1ull b~ ~ecur~d by tM li~n o~ this mort9aq~.
1. To p~rmb, tommH w WffN no w~~f~, ienpatrm~nt a d~t~rioarioe? of ~aid prope?ty a~ny pul tM~wf.
S. To pay ~R ~nd anpulN t!w coatt, cMrpN u+d ~zpN+~~, includirq a?~~sonabl~ attaney i fN +nd oosts of abitr~ct~ of title, incurred w paid a~
any time by ~~id MORTGAGEE, bxau~ w In tM ~v~nt of tM failur~ on the part of th~ s~id MORTGAGOR to du:y, prwnptly ~nd fvlly perform, d~tchargt,
•xecut~. ~ffsd. compl~t~, comply w~th ~nd ~btd~ by ~~ch ~nd ~v~ry tM ~tip~l~tions. +9r~~ments. condi~ions. and mwn~nts ot u~d p~omiuory note and ~hi~
mw~p~p~ any w~ithK. and u~d co~n, cha?pa ~nd ~xp~nwt. ~~ch and ~wry. sMll b~ immedi~tely d~~e ~nd payabl~: wherher w not tAer• b~ not~ce da
mand, ~tt~mpt to coll~ct or ~uit p~ndirqt and 'M fvll ~mo~nt of ~ach ~nd w~.Y ~uch paymem ~h~ll b~+. int~nst from ~he dat~ tF?~reof until p~id a~ th~
ra~e of ~~r,~ per c~ntum p~r ~mium; snd ~II s~id cot?ti charp~~ and ~xpenws incurr~d w pa~d, tope?h~r wah such inten~t, ~M~I b~ ~atured by tM lien of th~~
mortpa~~.
6. That tn tM ~wnt of any br~ach of thi~ Matp~ w defaulf on th~ put of th~ MORTGAGOR, w(b) in tM ~vent ~~y of ~~7d sumi of money ~
herein r~f~rr~d to b~ not promptly and fully paid within thirty (30) d~y~ n~xt ~fte~ tM u~ wveraily become dw ~nd payablt, withoul demand w notic~,
o. (c) in th~ ~v~nt ~ach ~nd tv~ry tM stipulations, ~prNrt»nt~, condition~ ~nd cov~n~nts of u~d promiuory not~ end th+• mortpay~ any or •ilhtr ar~ na
iuly. Promptly ~nd fully p~rfwm~d. d~scharyed. ~xauqd. ~ff~cted. compl~t~d, complMd with and ~bided ~iy. tM~ in e~thsr or ~ny ~uch ~v~nt the u~d ap~
prp~t~ wm m~ntion~d In t~id p?omiuay not~ tht~ nmaininp unpaid. with inttr~st ~ccrutd. snd all moneys s~tursd hertby. thall b~com~ dw ~nd pay-
•bl~ forthwitA, a tMr~after, N tM option of ~aid MORTGAGEE, fu11y aed compl~tety (f •II of the uid tums of mon~y wer~ aipinally it~pulated
ro b~ pa~d on ~uch day. +ny~hiny in s~~d p?omisswy not~ or t~ this Mortyp~ to tM cont~ary notwi~hstand~np; ~nd ~her~upon a ~h~r~~feK rM op~~on of
sa~d MORTGAGEE, w+thout norK~ or demand, suit at law or in ~quity, tMrefw~ a tMre+f~N beyun. may b~ prw~cuted ~t if •II mon~ys ~scured hereby
hed m~tuttd pr~w fo et~ inflitWion.
7. Th~t In tM ~v~nt that at tM b~yinninp of or ~t a~y tirrw p~ndirg ~ny suit upon thi~ Mwtyap~, w to fwedos~ It, or to nform tt, or to enforc~
payme~t of ~ny cl~im~ h~reundx, said MORTGAGEE ~MII ~pply to tM Court havinp ju~~sdrction thereof for tM ~ppointm~nl of ~ Receirer, such Coun shall
forfhwl~h ~PpOiflf a fKtlv~f Of ~aid mortyped prop~rty all ~nd ~inpvlar, lnctud~np all and ~~nqular tM incorm, p.ofits, iuws ~nd r~v~nuei irom what~ver
sourc~ d~.iv~d. ~ach ~nd ~very of wh7ch, it beinp ~xpr~uty undeneood, i~ Mreby mor~gaged ~f ~pec~fically s~t fw~h ~nd dawibed in tM pr~nrinp ~nd
haber+dum clav~ hK~of, ind ~uch R~c~iv~r ~F+~tl Mv~ all ~M b?o+d ~nd ~ff~ctiw funct~oro and powa~ iT anywiss e~tr~sted by ~ Courl to a Raceiva. ~nd
s~ch ~ppointrt~nt ~hdl bs mad~ by such Cowt ~s an admin~d puity ~nd ~ rtytt~r of abaolutt rigAt ro said MORTGAGEE, ~nd withouf refe~ence to Ih~
adequ~cy w 1nd~qvacy of 1M valw of tM prop~~ry mortpayed w to tht ~onr~ncy or i~iolvency of s~id MORTGAGOR a tM def~ndantt, ~od that s~ch
rem~, profit~, Ineorn~, iuws ~nd r~v~nws ihall b~ ~ppli~d by ~ueh R~e~ivN aecordinq to th~ lian w puity of said MORTGAGEE ~nd ~M practic~ of such
Goutt.
8. To duty. promptty and fully pNiorm, dixharp~. ~x~cv~~. ~ff~ct, compl~t~. comply with ~nd abid~ by ~ach u,d ~wry iM si~put•r~«u, ayreemenn.
conditioru afld COHfMRf~ in uid promi~wry not~ a~d this mat9ape wt forlh.
9. Th~t tn tM ~v~nt tl+~ own~rah(p of tt?~ mwtq~p~d prtmisss, a~ny put thercoi, becoma wtt~d In • p~rsw~ otMr than tM MORTGAGQR, tM
MORTGAGEE, It~ ~ucc~twn +nd ~s~ipru, enay, without notic~ to tM MOR?GAOR, deal with ~uch uxctaw or avccessor in int~r~q with reference to thi~
mortya~ ~nd the debt Mreby tKUr~d in tM s~ mann~r with lNorty~pa without in any way viti~tinp w dischar~iap fM Matq~gors' li~biliry Mrt
undN a upon tM d~bt Mr~by acur~d. No s~l~ of 1M pr~miN~ hereby matpap~d •nd no forb~u~nc~ oe~ tM pan of tM MORiGAGEE a it~ successws
or ~~tiyns and no ~xt~n~ion of tM tim~ for tM p~ym~M of tM d~b~ hcre6y ~ecurtd piven by 1~ MORTGAGEf a in tucceuws or ~u~gns, aM{I op~rat~
ro rd~~s~, diich~rp~, modify chanp~ or ~ff~tt th~ alQind Ilability of tM MORTGAGOR Mr~i~, eith~r in whob w In part.
10. It U sp~Nfiulty ~yrNd tiut tim~ ts of tM esunc! oi thi~ cootr~ct and tFut eo waiv~r of any oblipu~on Mreunde~ o. of tM oblqa~ion sr i
cu~~d h~reby ~h~ll at ~ny lim~ thtreaftK b~ htld to b~ • w~iv~r of tM terrtu Mr~oi a of th~ in~trum~nt secur~d Mrby. ~
11. In addition to th~ (orpo:ng monthly paymsnts of print'pal and interest requi~eJ by the promitwry note sec~r~d~x 6 mortysgor tov~nanq
end aprsh to p~y to mortp~p~~ w+th each monthly paym~nt ~n add~ran~l sum es~im~ted by mwt~ay~s to M ~qu~l w 1/12 0# tF» ~nnual co~t of ths follow-
ing:
A-All r~al property taxe~ leviad or auesscd ~ysinat the ~bove deuribed re~l estate.
6-Premiums oe~ fin ~nd windstam inauranc~ at 1»rein requ~r~d to be c~rried on tM improv~menh situate on the above describcd premises.
j C-Pr~mivms on ~uth matpp~ ~wranty iruur~nc~ as mortysy~ thall from tirrx to time dcem tit to urry on t1?~ Iw~ secured Mreby.
Ntwtyspee ~h~~l from tirtu to tims notify mortyayor in writin~ of tM amount due and psy+bl~ her~under ~nd iuch ~um sh~fl ~hereupon be due snd
€ Faysbl• on tl?~ d~~ dat~ of th~ neat monthly payment ~nd ~sch ~uccessire month th~reafte~ until mortq~y~e ~hell notify mort9syor of • chan~~ in ~uch
= emounf. Suth sumt thsil b~ ~pplied by morty~9ee towud 1M p~yment of real property ta~c~s, insur~nu pr~m:umt, ~ix) mwt~ap~ ~uar~nty iruurance
i promiveM.
IN WITNESS WHEREOF, th~ said MORTGAGOR has Mrwnto ttt his hand and seal tht d~y ~nd year fint aiores~id.
~ ~n~ . SNI~d nd d(wr~d tM pr~s~na of~ n
~ c~...~.~.LL ~
~ ~
~ _ rc..q
~ n--n
SiATE Of fIORIDA
~ St. Lucie ~ '
couNn oF
~
~ d.f„• n,~ p~non.~~y app~..,d Paul T. Beaver and
Ro se C. Beave r his wNs, to rr~ vwll known u~d keawn to nw ro b~
~ rhe Ind7vidual• d~xrib~d te u?d who ~x~cvt~d tM fwpoinp liutrum~nt, ~nd ~cknowl~dp~d b~ion rrw tMt t!»y ~:~cut~d tFw um~ for tM purpw~s
n therdn ~xpr~tNd. Md rh~ aId Rose C_ Seaver _
~ w~~• of tl,. uid Paul T. geaver upon . t~p.r•q a,d prir•t~
ex~minNion by en~ bk~n Np~n» ~nd ~p~rt from hK a~W h~nb~nd, seknowl~dp~d w and b~fon rm th~t aM ~x~cuted ~aid initr~M fntty,~nd volurr
~ rsr~ly ~nd witl~o~t ~ny compvl~ion, cautr~int, ~ppnh~raion.r~f~~r of or from her s~id hvtband. _.,l,~rl(_~:,~ ,y .
~ WITNESS m hand and offkid Nal thi• Februa 7
y ~ ~ d•y of ~ lt:.•D: .14. ~
U
NoNry Publk In ~r~d for tM Stafr•o~ f~l~ l~~ :
' My Conrniuion ~npirea: ~~~_~/C .
;s~ R~tum Tos ~f'~ - !~n
- Fint f~ral Savinp~ i lo~n Atwtiation ~~y~^~ ~ % ,i,Vt'~ I ~_i_ . : ~ ~
Oi Fort P~erce. ~o~ ' . . . . ~
'eri Fo.r ai..u, F~«:d. FIIED l.!1!} ~ECGRp ED
~ ST. WCtE ~OUNTY FIA.
ROCiR P~JIiRAS
CIfRK CI~tCUIT COURT ~
~K
~ This tnstrument Propared By Richard K. KayesRECOR~ YE?tFIEO~._._
~x F~r:t Federal Savinqs ~ losn As~ciation - '
~ of Fort Pierce , Rlo rida FE8 ~ 7 3 0o PM ~
~ r ~
~ Checked By jL '
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~ o~~K19U ?89
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