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HomeMy WebLinkAbout0718 v ~ r~~ r~ ~ . To pl~a and contirwo~Mly kNp on tM buUdGqs ~aw or MrwftN ~itu~N on said bnd and on ~il puipn»~t u?d p~~wn~lly cow~sd by thi~ ~nort~ ; pw wi~h ~U pemiwns tMr~a? pa+d in fvll. fir~ In~w~nc~ in th~ uswl uandwd poltq forap i~ • swn ~pprovd by ~h~ NtOQiGAGEf. and wtndirorm ' tnaxMa M tM wwt u~nd~ni poYcy- fonn. in a wa~ ~pprowd by ~Fw MORTC3AGEE. tn wch comP+~Y «~P+~+p+ a d» MORTGA<3EE +n~y : dincrt ~nd NI fMr and wN~a~n Mawana PdiciN on any Of Nld bYlldiffp~. Mty 111N~N1 tIfN~I11 Of pifi IINfMf, h th~ apprp~b awe afatiaid ar In ~xaM ~Mrwf, shatl oontain tM vawl st~nd~rd mort~apN dav~ a wdi alw. c~uw as tM Mat9+pN +e+Y nqv'w~,, m~tinp tM loss undn ~aid po11. dw «cA r+d ar•bi. a..~d MORTGA~iEE a m ~nh.a~ m.~r aPp.,~. .nd ..cA .nd .v..y .uc1+ pouc~r aMll b. Promp~~r au:qn.d aed d.tiv...d ro ~ny Mld by Mid MORTCsAGEE p furd~N Npxily to sald mwlpap~ d~bt. ~nd, oot I~u than t«+ (10) days M+ ~dvaoo~ of th~ ~xpir~lion of sach policy. to d~. ttvw b~id 1NORTGI?GfE a r~ewa) tMnoi. wQ~~M? witA • nnip~ for tAe p?~miwn o~ wd~ ~~wa1J ~nd Iher~ shall b~ ~o fw~ w wind~to~m in~w~nu D~aad on ~r of s~W bviWi~ps ae~y IMaN~ th~r~in a pirt Mwr~af. w?I.s~ in ~M fam ~nd wi+h ~M Ioa par~bl. a•iw.s.M:.nd ~ ~M •wm a~y wrn of mon~y Moon+a p~y~bl~ wdw wch potky a pdid~s ssld IY~ORTG/IGFE ahaU haw ~M option w~~uiw w+d ~pply th~ ~arn~ on ~ccowN oi th~ M~d~btd~ r»ss ~w~d 1+K~by er w pamN wid MORTGAGORS ro naiw ard ~ h ar any pat tMrwf fw oihe. pwpo~es, withou~ ~Aarb~ waivi~g a.npair- ~^0 +~Y ~M?. ~iM~ at ~ioAt urdM or by virtw O~ tF?js mott9ap~t and in th~ ~vM1 Nid MORTCsAGORS shall for ~ny nason faii to luep ths s~id pr~mi~N ~O trMw.d. or Y.H a detiw. paeptly any of said politi~s of tnsw•nc. w ~.id MOkTG~?c3EE. « fai~ ~omp~~y w p.y fv~1y any p.«niwn rM+•t« a In anr nap~ct faU b p~rfo~n, d'uclyrp~ ~;~cvN, ~ff~ct. compleb. oompl~r with and abid~ by thts coweu?t, a~ny parf hp~of~ s+id MpRTGAGEE m~y pl~ ~~d wy fo. wdi te~ur~no? a~n1? Part tlwrwt wirhout vwivinp or ~ff~etinp +eY oPtion, Itse~, p~+try. w ripM unda a by virtw o( t1~is Marqa~, aod ~M fvll ~nnow~l of ~ad~ rnd ~wry wch p~ym~M ~MII be imr~diately dw ~nd p~y~bl~ and ahall beu intKeq from tM dat~ tt~eof until paW ~t tM rat~ ot ran~ p~? annNn p~r ~rwm and tope~lx~ wi~h wch in»rNt ahall b~ wcwed by ti» ii~n oi this mo.rp.p~. I. To P~rrNt. oorm,it or suffa no waM. ~mMt a d~teria~tion of v~d prop~?1~r or any part tM.~of. S. to pr~r ~~f and sinpvta~ 1h~ oos». c1w~ ~nd ~xp~ra~~ inchrdk~p a n+sonabl~ a~aner's fw and ooiq of ~bah~cts of title, ~ncwr~d a p~id ~t ~ny finw by wid MORiGAGEE. bscw~ ot i~ th~ tvMt of 1M t~liw~ on tM part d tFy said N1p1tTGACsOlt lo dvly. prompty ~nd fuiN pKforin, d«ciwq~ •x~cuM. ~ffKt, ownPltt~. co.~nply with ~d ~bid~ by uch and ~wry th~ ~tipul~~ions. +ArMn+a+~s. oondi+ioro. a+d oowMnrs of sakl promiuwy nwe and t!w '^atpp~ anY w~irt~r, and iaid ooah„ ci~~s +ed ~xp~n~,. ~ad+ ar+d ~wry, slwll b~ Mronediat~ly dw u~d pay~bl~J wMtM? a not tMr~ be notia dr n++nd. +tt~mp to ooIIM a wN pMw~npr ~nd tM tvll rnount of wch a~d ~y wch p~ym~m sh~ll b~a. infareaf f.wn th~ daf~ tlwwi u~tii paid ~t M~ rah oi ~ww pN pnwm pK ar~~um; a~d NI wld co~M, dwp~a~ and exp~ns~a intw?~d or p+W, topdiw~ w~th wch intu~sl. aMll b~ s~wnd by th~ IMn of th+~ ~a~ 6. 1h~t (a~ h th~ weot of ~ny bNCh o~ th4 Mortpap~ or"d~iavlt on tM put o~ tfi~ MORTGAGOR. or (b) k~ th~ wsnt ~ny of s~id wms of nw~~r hr.~in hhrc~d w b~ ~w prwnptty ~nd f~ity paid withtn tlwqr t30) days rwat afte~ tM sarrk iewrilly brom~ dw and A+Y+bit, vrithovt d«rund o~ nwiu, w W in tiu ewm ~h and wsry th~ sKVul+tioer~ spr~~n~nu. aonditions ~nd cov~~na of satd promisswy note and tl~s ax~stQrpe sr+y o. ~:tl»r ~n not ~uly. pranpNY aid fully pKforn~d, d'ath+~p~d, ~xavted, ~ffM~d. oonmpl~Nd. caei?~i~d witA and ~bid~d `y. f!?M in ~ifMr or ~ny such wsh! th~ Nid ~ Wp+fe sw,+ n~t'amd in said p.omissory ~ote tMn nm~ioirg w+paid. wNA imeraf acuwd. and a11 ma+eys s~cvred hersbY. sMll b~vo~n~ dw N+d WY ~bk forthwith, a tMraatte~. ~t tM oprion of said N1pRiGAGEE, a fully snd compbtely as li ~II of th~ uid auma ot mw»r w~h aipin~lly atipulat«! ro b~ paid on wch d~y. ~yrhkg in saw! promiuory not~r a in N~is Mwqap~ to the co~?trary notwirM~u+diey; ~nd rherevpon or Nweahe~ ~t th~ option of wid MORiGAGEE. withow notia w demrd, suit at law a in puity. tMr~fon w tlw~sairK b~pw?~ rn~y b~ pros~c,w~d as if ~II mo~eys s~cur~d hK~by had nMiw~d pnor b its lnstifvtion. . 7. Tl+at in ti+~ ewnt that at fAe be9im&g of or ~f M+y tim~ p~rd'iop any wk upon this Mwtyap~, p to for~tloN H, a b relonn N, p to eniwa~ payn»nt of any daims h~reundsr. s~id MORTGACsEE ahall apply to tM Cowt Mvi~y jwisdiction the~eof fa ths appointmeM of ~ Recave~. wch Court dwll fonhMrith ~ppoint a receiw? of said mortpap~d prop~rq ~11 ~nd sinp~lar, inel~dNg all and sN+~viar, ~M i~con», proiits, iasves and nwnws fran'whaMrer wwa ~riwd. ~ad? and ~very of which, it b~~ expreuly undentood, t~ I+Keby mwpayed ~s if specificalty wt fath and dau~c! in the praminp and Mb~wlurn c{~usti Mr~of. ard wth ReesivN sh+tl h~w ~II tlr brosd and ~fhctiw iwrctans aed powera in ~nyw~se emrustsd bp a Cowt w• R~c~iwr. and •uch appointm~M shaH b~ nud~ by wd~ Gaxt ~t ~n admFtted equity and a m~tl~r of +bsolvh iipAt to s+id MORTGAGEE, and without refK~ b th~ +dpv+cY or i~ad~q~racy of N+e value of th~ property mortya~d or to tM sohnncr w insolve~cy of wid MORTGIIGOR a tM d~fend~nts. and that wch renta, profip„ iocpms, issvy ~nd r~wnw~ sh~fl b~ appli~d by such R~p~v~r a tM li~n or C~~ +oootd+q ~quity of said MQRTGAGfE and tht practio~ a/ wch d. To duly. pranptly and fullY P~. ~x~cvN. ~if~a, c~omP4t~. oomply with ~nd ~bk4 br wch and evay the stipulatiom„ +~p~+U. cor~d'i•ions and coven+nn in a~id promis~ory eot~ ~nd this mort~syt aef iortil.'- 9. TMt ie the event the own~r~ip d tM mortyaQd premaes. or aey p~rt thereoi, becanes vrs~ed in a pason other th:n tht MORTG/?G()R, th~ ~ MORTGAGE~, its successo.s and auinns, m~y, wi~l+ow nofice to th~ NtOitTGAOR. deal with :vch succeswr or waasaw in interest with r~fer~nu a this matp~pe ind the debt her~by setw~d h Mw same m~rrwr as with Moatpapw witFw~t in any way vitiatinp w dixhar9inp th~ Mw~y+Das' ~f+biGh? Mr~ t ur+de~ ar vpon the debt hereby secwed. No s+l~ of the ~ Pi~mises Mreby mo.tp~p~d u+d no iwbea*ano~ on 1he put of tiK MORTGAGEE w its woonsors w sssipns and no extension of t!K turw for tht paym~nt af ths debt haeby s~cwed ~iwA by tM MORTGAGEE a ifs s~ct~ssots p~ ass;pn~, ah~ll operaN ro r~lea~, d'achuye, modify cMny~ a•ffsn 1M Ofl~iflal INFliIlly O~ tM MORTGAGOR I1Mt1fy ~iflMf in wlwl~ or in pa.t. 10. it is specifiuUy agread tM~ t&nt i~ of th~ ess~nt~ of thi~ contrxt ~nd that no wiiwr of ~ny oblipation he?~w~det w of th~ oblfystion ae- cw~d Iwnbp sMll a~ any time rhersafiM bs hald w b~ a w~ivK of tM tern+s Mrwf w of the inatrvment secwed h~by. 11. In addiian ro tF~e foreyo:~g monthlY payr~ts of p~inc:pal and interest rcquired by tM promissory no?e ~ecured hereby, mort~agor cownanli and spre~s to pay w mortgsyee with ead~ momMY WY~~ an addi~ional wm estimated by ^artq+Qre to b~ tqwl to 1/12 of fha amw! cost of the fopow- ~9= A-NI ~eal p~operry ta:a {evied a assessed apsir~st the above described real estate. b-Prem~ums on fire ~nd windslwm inswanoe as herein requ'aed b be urried on the improvemenq situat~ on the sbove described prunn~s. C-PremGums on wck mort9+9e 9uuanty insurance ss mort9ayee thall han tirne ro timr Jean fit to carry on the ban secwrd l~e~sby. Mortpagee shap fran tims to t;me notify mortyapw in wriGrg of the ~mamt due and pay~We hereunder ~nd wch wrn shall therearpon be due ~nd p+ysbl. on rhe doe da~e of ~hs next monthlY P+Y~~t +~d each uKOeasiw month thercafre. un~i1 mort9s~e ~1! ea~fy mortqapa of a in wd~ sn+ount. Such wms sh~U be appi;ed by mortya9ee rowud the paymertf of rea! propsrty n:es, inwrant,e prem:vm~ and mort~y~ ~u~raqy -~yw~q pren?iuen- IN WRNESS NMEREOf, the s+id MORTGAGOR h~s I~wmo set his h~nd and seal the day arrd f'est afw ~ ~!'~f0° °f' fIIED AND RECpRp~e 3r. ~UCIf COUNTY iLA, ~ ROCER POITRA= L ~ : C4EaK C~RCU~T COWI ~ ~tECOR~ vERIFlEO~ ~ StATf Of FiORtDA ~ 5 12 2e PM'T I ' ~ - z~~~e ~ ~t}8~7'73 s~t«. n,. q..a.uuy ,p~,..,.d Gary F. E1Zxood ; F11WOOd '"a s Janic@ F. ~ w~{., ~p ~~l ~own .nd known a m. w ti. rhe 4~vidu+ls danii»d in ~nd who tx~an~d th~ for~poi~g instrumsnt, and adcnowladped befon m~ that N»y exewted the sam~ for th~ purpos~~ ~ ~ H,. Janice F. Ellxood ~ ,~r. oF e~...w - Gary F. Ellxaod • ' ~ . s.p..n. .~a ~a. ~ ex~tion by m~ qka~ stpsnt~ a~d apart fran har ssld h~++b+nd. +tfcnowlee~ed b ~nd !»fon rn~ that sM sx~cuted said &~strwtwe~t ~r~e1y ~nd volwr ` tarily and witlwvl +nf~ conK~+l~ioe~, ca»IrairH, ~PPrel~nsio~n,f f~at of or from Mr saW i WITNESS erry hu~d w?d offiaal s~+l +1+:. ~ T-f'~- ~ y~ ~ A. D. 19~.L Notary Publk in ar?d fw St~ of Florida ~t tarp~ RNUrn Ta IY~Y Cornmistion ~xpinss /~j ~~'i'~ ~ Fira P~d~rd S~vinys i lo~n Aswciation 7 `~~~~NU~~!~t, OF foH Pierce. / - / io?t Pierte, ftorida '~Q~ ~ • ..,..,,;.9~ ; : 4~ = : } G~,~ : =5.~;'~Q'F ~ V - This Instrument Prepared By D. Chastain : J ;~Q ~ : ' First Federa! Sevings d~ loan Asscxiation _ W;~~_ ~ of FoN Pierce ? 'r'lorida , ~ E~. . ~o~~~ ~ ' ° ` Checked By ~STATE'~4 • . ; . ; ~ ~ ~ • ~ ~ ' ~S ~ - - --------~.m-. 1 ~-.a~..~, : . - " s~ .~ai~u 4 ~i ~ .rT-~ . _ . ~~"R~`._~ a.~s..ds"'~u~ a~~"'~.'~- ~ . _ ~,.~~-°~..v.~~"" - "