HomeMy WebLinkAbout1402 To p'.~ a*d crnt~,oush LNp on N+~ but:~~npt ~ow w hK~afh? WAi~M o~ sa~d land and on a11 e~~~prn~n~ ~~d ptnonally covaed by Mi~ morp~
p~, viriM ap prwntw~y thereon pr d'a~ tv11, f;r~ inswares M ~Ae vswl s~a~dard paicy form, in a~um apptov~d py ~M MORtvAt;.Ef, and wind~to~m
w~anc+ in Mw us:~+1 ~?ar~da~d pot.c~r fa~ in ~ sw~ ~ppeowd by tM MORiGAGEE. in wcA coMpa~y a ca*~p+n~~s as rM MORTGAGEE may
~C ad aN f~ a~d w:nd?w~ inwuarw~ pot~cws on ~nY of s~~d bwid~+~pa, ~ny in?H~s~ ~Aersi~? or pare the~euf, in ~M a9yrty~~e wm ~fa~said a
in ~:cwt 1M+~eoi. sNN conuin Me uswl s~~ndard ware~a~ clsust a s~th othe. claus~ as ~M Mo+pa9.a may rpv~r~. maAinq t?+~ tou ~~de. ia~d po1F
c:M. e+ch ancl erw~r. D+yab4 w sa~d MORIGAGEE a~b ims.ca mar +i?P~+?. and ~+cA and ~v..y svch po~,cy sh~ll be p.omprtY ~ss y+*ed and d~l~vered ?o
wry l~Nd by sud A1pR1GAGEf as fw~l~s iscwiy a s~+d martpy~ dew. and nW hu ~M~ ~en ~101 dars in adv~„ce of the •apir~~w~ of ~ach po~ky. w dF
17vp b sud NWRTGAGEE a rsnewa~ tM.wf. wp~Nw w~tA ~ nee~p~ fp the preemum oi sucA .e.+ewat; s~d ~hn~ sM11 b~ ew f~r~ w w~~.de~am in~uranc~
PZ~ad on M+y ol s+~d b.+itd:~s, ~nr ;nte.~st Mertin or part tAs.eo/. vnku in ~Iw fwm ~,d w~~h eF,~ bas paYabl~ as afc,.eu~d: e~+d i~ tlw ~veM any wm
of rwonry b~conra payaD7e ur+de. sucA pot~cy w polic»a s:id MORTGAGEE sM11 have i!r opewn ro rece~w and ~pply ~M sam~ on acw?~t o1 the i~br~d
Mss Mtv~rd lwepy o+ 10 p+md fa~d MORiGAGORS a tK~fivr N+d uM it O~ ~nY Patt the:taf tw Otrx. pu.~vseb w~rfkwt tA:rsur »v~~in~ or unpair-
:~p «~y pw~h. t;e++ w,ghi ~~de. a. e~r Y:.+w o+ Ma mo:ba9e; and in tM ~vem sad MO~tTCsAGORS shatl fa any ~eawn tail ro keep ~he sa~d Q.em~ses so
wwrKd. or fail ~o d~l:v~a pr~mp~~r anY of s+~d pof~ciea o1 inawa+ce w said N~ORTGAGEE. a fa~~ promp~ly ro pay fuUy any p.em~um ~herofw w i~ any !
nsP+e~ (ai! q p~rfa+R d+sch~r~s. execert~, eff~cr, compl~~~ cnmply wirh and ab+~ by tA~s coYenant, w~ny par~ hxwf, said MORTGAGEE may piace •nd
P+r fw wd~ ie~ur.ecy w~ny part tF~er~ol witApvl wa3vinp p~Hsctirg any ope;on, Iwn, pu~ty. a~yA~ ~nde• w by v~:tw of this Ma~~aqe. and ~he '
~•~r ~ P+r*~?~+~ sh+li b~ in~med~+teh dut a++d py~l~ M,d sAa~l beu int*rrst from :M daM rhereoi un~il p~id ~t tM r~t~ ol S
~»ne pN cenrww pr ~nrw+~ and togerhe. ~:tA wci+ inrerest shai~ bt secvred bY th~ lien of tA:~ mortpaye.
L To pKmit, con+n?it or wffer ~+o watt~. imp~im+~ a deterararion o( sa:d prope.ty a~~y pah therwf.
5. To paY aH and s~+p.rl+~ r4+e coa?s. ch~rQes ~+d e:p~nseL inch~d.np a nvsonaWe ~tto.~,ev's fe~ a~+d cosK of ab~~.~cts of tiNs. incv?.ed w pesd ~t
an~ r:,v by aa:d NrpRtGAG:E, because a in th~ evw+t ol rA~ fa~lun oe rhe parr ol r?+r s++d MORIGAGOR ro du1y. promptly ~nd fv~ly parform, d~xharg~.
r:e~'w; ~fhct. compict~, co~nplY r?~ri~ a++d ab~de ar tach ae+d every t~+e st:pvl~t.pnf, ~+Kml~tf, tOcK1~tWI1f, ~nd (pvlnMt3 O{ s~~d p+omissury note and this
n*o.*a+~ MY or e:+Me~. and sa~d coan, clwqea ~nd expa?aes, each and every. sMll be in,med~a~cty due and pa~abl~: ,,,,1,erAe. or not e1,e« be r,er~ce d~
n+ind, at?e~r.pt ~o caiert ar s~,it ~+e.~d.~+4; snd ~he fvll ~nq~nf of each and every s~rch paYmem sAa!1 bcar inrereat from ~he dare therept vntil pid ~t the
~:x as m~e pe. ecnn,.~, pcK arox.,~; ar+e au sa:d cosn. clwQes and eapensea ~ncv.red w pa:d, top~~her w~rh wch a,~e+est, th+ll be stcured by ~hs !Mn of tha
'e'crct~p~.
O. fl~+t (a~ w+ tl~e ~v~e~ oi ~ny brew-h oi thi~ 1Norl~paQ~ pr defwlt on the put af ~he MORTGAGQR, a;b) i~ the event ~ny of sa'd svrt+s of mon~y
Meein ~t~ned to be no1 pramptty ar~ fvily piid v~~tA:n tA~rty 130) dsYa n~xt a*TCr ~h~ sa~+e se.era'1~ pKan~ due ~nd payable. without dcmand o~ no~ite.
a td iw tAe ~.e++~ e+cA and eve+y ~he sr~pu:aewns. a~?eemen*s. cw~d~r.ons ~.~d rnverwnh of si.d p.o.n~uwr nare and tA.s mortp:ge any or either are no1
~+N, pra~1Y snd iui~Y Cr*fo.n+ed. ax~a+ped. eaecv~ed, ~ffected. con+pl~ted. con~t~ed wnA ~nd ab~dtd ~y. th~n ~n e.thtr o~ any such ewnt 1M wd aQ
,~~eqat~ wew ~rwned in sa,d pom:ss.~r note tl+ei? rena:n:^p unP+d wiM in~er~s~ accr..ed. and a;1 moneys secured hereby, shall becoen~ dvt ~nd P+Y-
aae iorthw+~ a rAer~aher. ar rhe op~.an of sad MORTGAGEE„ ~s tvlly u+d canplerelY as if sti of rl,c u~d wms oi mor~ey were a~yina;ly s~~pusated
io De pad on sucA dsy. an~tMnp in sa.d prom.ssary note or in Ma Mat9ye M Me con~.~.y RotMrrthtuwd~ng; u+d thereupw~ a ~hcre~fte+ at tM opnon o(
sa:d MORTGAGEE, w~Mout rwt;c~ w dernsncl, s~;it ~t law or in puiry. M1prl~pf! d thltNftll Eegw~, may be posecuted u if atl ~wneys secured hereby
nad matured pr+a to .1s ~u~tutwr~
7. Tha+ Gn Nr rve.,f N~si a~ the beg+nn~rg ot o~ » ~ny fime pendng sny sv~t upon 11+a Mo.tgsge. a ro toreclest if, or ro~e(o?m N, or to e~ForcY
~v>~neM o4 +r+p c;a~ns he~eur+de~. s~id MORTGAGfE sl+a~1 appty ro ri+e Gov.t Aar:ng ~v.,sd.:e.on tM~sof fp tAe tppo~ntmeAl'of a i~eceiver. sucA Cou~f shall
fw~lnriM apyc~.nt a recc;.~+ of ssid mw*yaged prooerty al! ud su~yvt~?, incfud.rg aii ar+d s~ngv;ar tl+e k+come. p~ofut~ issues a~+d rere~wi t~an whatever
scvrce der:.ed. eaci+ a~+d every of wh~cfi. be+np ezp~euty unders+oud. :s 1+ereby margaged a if spec~fKally set fath and described in the A.an~~~g a+d
h.rbe~+d~.en c+avses ?+rre~of. a++d w~d+ Aeceire+ sh+il hane iq tlie bro~d and effea~re fvnce.ons an~ powers i~ a~ywise entrus?ed by • Coun to ~ Receive., and
s~~cl~ ~ppa++ement sna~~ oe n+sde by wcl~ Cowt as an admitred eQvwty and a m~tre~ oi sbsolute riy1+~ ~o safd /NORIGAGkE. a~! without r~ference to tM
+cfeWan ar a~ieqwc~r oi the ~awe o! the prope.h ~nat4+4~d or ro tAe so.ve~cy or ~~sotvency oi said JNORiGAGOR or~ihe detendan», and that such
'!"'.~3, ~ifOi~tf, YKOnlti aaues and rere~ues sMN b~e app~;ed by such Rece~ver xcwd~ny ~o di~ li~r er _~cqyitr, of said ~NORiGAGEE ~nd ~he p.u~K~ of sucA
Coaxt.
~ To d.i.yr. pna+~pt:Y s~d fu;!Y ~erforee. d;schsrq~. e~ecurt. effcct. cwr,plete, compiy w;ih aid ~bid! by each ~nd e the sti !at'
~"~+Y P~ ~s. +9teemenq.
caexit~oeu a~d cweean:s ~n sa+c! prom+asory nwe and th+s morrqaq~ set fo~th. .
9. TMt ~n d+e eve~t rhe w.tx+sh~p of th~ mo.ty~ed pre.~aes. or an~ part thcrcof. beca+~es vested in a p~rson orher than fhe MORTGAGOR, the
KOR:G~?GfE. :+s s.xcessors and auyns. may, wirhout notice ro ~l+e MOR7GAOR, dea~ w~+h such wccessa o. succeiw~ ~nteres~ wirh refere~ce ro thu
'+~or+~~t ~nd N+e dtat he+ebY secvred in the sarrk nynn~r a~ w:tA Mo~tqaqp w;tfioot in a~r way vit:ati~y a d~uharginy the Mortgagws' Iiabilety Fk~~
~*+d~? a' ~~pO^ 'he d~W '+ereW sm+~ed- No s~4 01 ~he Frenwsea Aereby mo.r~ed ~nd no forbearance on ~l~e par~ of ti,~ MORiGAGEE or ih succeuors
oP assq.+a sncf no earrrs:an of :he ame for rhe pa~~+em of rhe deb, t,e.eby secwed Q~Yen by fhe MORTGAGEf a ib successors w assiyns, ,ha{I op~rat~
ro re+~ase, d.schar9e, mod.ir ~},ar,ge a affect the or~,~al tiata.:.ry of the AFORTGAGOR h~re:n, liti~cr in whole or in p,art.
10. h;s apec:fiKa1:Y agreed tAat t;me is of the essence of th~s cor~tr~cr and that no wa~ver of any obl~9ar;o~ Aerevndcr a of th~ obliyation se-
a+red f+Keby se+a:: si any n+~+e thercafte~ be t~eA to pe • waire? o[ tltie terms hercof or ot the insnument secwed ?+e.bv. `
ft. ln i,io,rc~ •a n~e .'atgo.a~q rr+w~rf~'y Wy*n~nrs of p*~x,~a! ~nd inre+esf requ~red bY the P?on+.sswy no!e secu•ed hercbl, mortgagor covenants '
~-d ~g•ees ro~a~ r~ -~-s~~~ .,;rl, e~cf, +-~neh:y parr-~nt an sdd::wnsl sum es' ~*-artd by mo-t9sJee to be eq~ai to l. i2 of ihe an~wt cost of the foIlaw- :
~.,9 _
A-~:~ rca' ~~oper+y razrs ier~ed a assessed agai-+u ti~e above desc.ived revl esrate.
i
E-C._t ..-s on 4~rr sno windsro~m :rswarce n herc~n requ.red to be carr~cd on rhe .mr ovcme~ts s~tvatr on the above descr~bcd preenises.
L-Prem:,:-~s a+ s:,ch n-.or.9age ,~as.:a~r erxxr.~oe as mor~g~gee shail fro*r• :.*~c ro ~~me dcem fit to urry on the loan srcured hercby. l
N~w~g~gec s~r' _-an+ >.~*+e ro ~.r+~ rto•afy rnertyagc,r r~ wr;t~ng of r?K ar..ov-tt d~e and payabfe i~e.eu.~der a.+d such wm shail eher~upoe~ be due and
ca.abie on ~,re car~ ~i :he ne,r ,nonth.t paYm~•~s H,c! t~ch wcttssire ~m~h ihcreaher uf.rie mutgdgee shall not~fy rteort9agor of a change in such
n-ou~rx. Suci~ sj-n s}a ~e a~.ed by :no.~gagee towa:d The payment o! real praperry taaes. insurancr prc+n:ums. t~d mortga9e gwranty inwr~nce
ye~*;u~+s. .
!N wiTr~f~ ~HfRE# rne s~;d MpRTGAGQ2 has Mereunro set h;s ?~ar.d and sea+ rhe day and yesr f'wst afwesa;d_
Sealed des`i ~he of:
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~ Q,u... ~.iauaia , a w w '
R--~
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5'aTE OF ROQ1Ddl ~ i
St . Lnc ie ~
~aurrtr oc
a.,a..~,, ,~,.~d Clandia G. Soll, a widow ~
++~~dw7~ descr~ed in and wM a~ecaned tfie for ~ to me well known ~nd know~ to n+e to b~
po"r+~ i~strwrw+t. ~nd ~c~nowledyeQ befas tha~ exswted the su~e tw the PwPwes
7
Mwein t~ra~ed. ~ :~1!
• YV~1~SS wqr twr+d snd off',c;at ssal this T d+Y ot
- A. A. 14~~
' f lE0 !?M: R~C4R~,E~ Pub~:c ~n «~d f« the at~ FJwida
a~,~,,, s~.111C~ COII~Tr ru~• My Can.n+ssan e~cP:ns:
R4GEP POtja~s ` ,,~..!~~~s~: .
f~w F~de.~f s.v;rq~ : coan Aswc:.r~, ~E~l. e;Rc T r~-//-'~/ ' y
~3' *ort ~ e•ce REC0110 YEkif / ~ ` 0~~~~.....~~ ? ~ ~
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This Instrument Prcpared By R~Cbazd K. iLayes :f 0y~~ ~:'tc' ~ i
First Federal Savings 6 toan Assouat~on :;~1 Z~' Q' : 4.
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of fort Pierce , R2.orida ~=;1~~~'•
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Ctudced ~ 2 •
1398
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