HomeMy WebLinkAbout0204 J. To pix~ and co.~tinuously keep o^ the bu~•J~.p~ nuw or hrreaha utu.:~~ o~ a~7d tuxl ~nd o~ at+ oq„~µ~wm and pe~son~liy tor•r-~ by ~his mo~~9. '
~g~. with ~11 ptemiu~+•s t?u•co~ prd ~n luil, lire infur~nca .n the u~v.i swrda~d potr.y lorm. in • w~r aHyr~+nd bi ~~~r MUk,vlvEi. •~~6 w.~d~~am
~niurersce in ~M us~al ~~~ndard poi~<y fam, in • iwn ~p{~~ora~! by ihe 1NARTGAGFE, in wch ca.~pa~y o~ co~nps~~~es ~t th. MORI~,AGEE May
d~rec~; ~~d ~U (irs ~~x1 w~~xlz~o~m inswante poGues on ~ny ol i~~d budd~ngs. any ~~e~es~ t7.e.ein or i•n.? d..•...~i; :o rha .~ggr.•gste w:n alaesaid a
i~i •ate~f Iher~ol, shsll conuin ~he ~sval st~nd+rd mat¢eg~e tiaua~ w tiuch o~l~ tlause at the N1alyaycr may requ:~e, nwfirg H.c co» ~~xlt~ se~d poli-
cief. exh end evavy. Mr~b!e ro sa~d A10RTGAGEE as ~H ~nt.•re~t o~ay apFe~r. •nd o~th anJ e~e~y ~vth ~wt~c/ sha:l be ~uw~~NUy as~~~~rJ a~i~ de:~re~ed ~o
a:iY Fwld b; t~~d MORIGA; tE ~s (w~ha~ s.cwify to saiJ nro~~yaye debt. and, not less ~?~ao ten ~IOi di~s .~J~~~Ke oI ~hr e,pu.t:ati oi each poGty, to dr
Gver lo sasd A10RIG/~GtE a renr.~al thereot, te~eths~ w~th s recr~pl fw 1he prrmwn~ o) such ~e~~c«.+~; a~~d ihrro sh~li t.e ~w f.re or r.~~~d~wnc intu~ants
plsced un ~ny ol sud bv~~d~ngs, any intareit there~n ot pa~~ thereol, unlras in ~he lo m a~~d w~+h ~he ~uss {~orab'e ~f afo.eta~d; aod in tt~e even~ •ny fum
o~ n.aney becanes payabte u~xie~ such pat~cy a ~+ol~ues s~~d MOF`1t3AGEF ah•~11 hava ~hv o~,non w rea,~~e .,~~d ..p~~ty ~hr sa~~~r on +ceuu.~~ ul ~he u.dab?ed•
nesa sec~re.l hereby w ro pe~m~t fa~d MORiGAGORS ro rcceive ~nd , u it a aiiy p.,~~ thr:.vl o~~~. , ~:~•s. ~..~i,,,,,t ~h u~ w..~.~ ~:~,i,•:~~-
in9 ~ny pu;ty, IiQn or ~gM undrr o~ by viirue ol ~hia mw!pagr; ~~d ~n ~he evcnt tia~d A10~tTGAGORS ah~+ll ta any reaso.~ 1ai1 to kccp tl~e sa~d pre~u~srs w
msvrcd, a I.il to dr6vr~ p~anptly any of said po~~cirs ol insura~xe to sa~d MORTGAG[E, a f,.il pr:.~nptlY to pay fu:ly a~ry p~r~~~~~m thc~afor w~n r~~
rospec~ Iai1 ro p~rle.m, dacnuge, e~e:~~e, eftect, compir~e, canply wi~h snd ab~de by ~his cove~~an~, o~ •nY p~~~ sa~d MGRiGAGEE may pi~tt a~~d
peY fa su:h ~nsu~ence w~ny p~rt 1he.eaf wi~hout w~ivir9 w alFrctinq any o~,tron. 11en, eqv~~y, a n~he yM~/ a b~ v~~eu~ ol ~his MeVsqage. ~nd ~hc
Ivll an+ovnt of txh ~nd every such pay~nertt shall be ~m.nadiately d~e and p+Yable ~nd ~hotl ~a~ intcr~s~ fran th.i dote therctf uc::! pe~d af tho r~~e ol
n~~~e {x~ ctntun. per ar~num and togrtrter w~th such inte~est sholl br securrd by ~he Gen o1 th~s mwtyage.
1. To pe~mit, tommil a s~(ler no waste, impairmenf w dete~~orahon of sa~d p•oprrty M any parl thrreo(.
S. To p~y ill ant3 singvlsr the costs, char~ef and eape~nses, irxlud~~~g a re:sa~~ble attanev's lee arKi cosrs of aba~reus of tiUe, incur~ed o~ pe~d a~
eny tinm by sa~d MpRfGAG:E, bccouse or the eve~t of ~he 1a~lure on ~iwe pa~~ ol tF~e aaid MGRTGAGOR ro duly, pro~~N~ly e~~d (u~~y pa~fo~m, d~uharge.
e.ecuts, e(iec~, canpleta, co,rp~y wuh ard ah.de by each and every ~he st~p~lanona, ayree~n~•on, co:~J~nwu, and cove~.an~s of smd pran~:sory note e~:d tti~i
mo~~gsye a~y or e~~her, a~xi sa~d coars, charges and aape~ses, each and rvery, thatl be IIh17~Cd101'•~~I due and payob:c: whcr'~er w not tF~,>re br, no~~ce da
mand, ~tlempt ~o collect w sui~ pend~ng: snd the lu~l a,novn! of each and eve~y such pay•+~rn: i/..:Il t~a. ~nr~resr t~om tl~e daie thercrof umii pa~d r~ ~he
~.v~ of nioe ~xr cenwm pr~ ~n~~~:n: srw ell said costs, chargrs a~:d aapr~aes ~ncu~red or p+~d. ~~yet?r_+ w.th svch ~n~eres~, shaU be sec~~ed by the i~en of rh~~
mwtp~ge-
6. That i~ 1he erenl o( any breach of thia Mocty.ge o~ defa~lt on tl~e part of the MORiGAGp4, or iG) in Ihe event any of sa;d sums of money
herein ~efe•~ed to be rwt Eromptly and fu~1Y Paid ~n•~thm thu~y !30) dsys ~x:..t a!trr thc s~~ne srvc~a:ly Getu~»e dur and payab!e, widwvt derr.and or notite.
c~ (c) in the event cach and evr.y thr st~p~leewns, eg~eemenb, cond~tio~u and covenams ot sa.d p.an~swry ~w+e an1 th.s mo~~g+qe any w e:ther are no1
iuly, promptlY uvi f~11y per(ormed, dacha~ged, e~KUted, etfrcted, can~leted, co:npl,ed w~~r and al+•J.~d ~y. ~hen m e>>hrr w any such eveM ~ha sa~d ag
gregate wm n+eni~oa~ed in said prom~ss~y noto~then re~»a~niwg unpa~d. wit~+ ~n~rrez~ aururd a»d „wnr~s secvred hr~ety. ahell bccwnz due and par-
ab~e forthwith, or thrrealter, a1 tl+e opnvn of said MORIGAGEt, aa iully a~d completNy s ~I aN of tl.~ s.3:d s~ms oi «w~~ey were w.g::u~ly shpulalcti!
te be pa,d c,~+ such ~~ay. a~yth~ng io sa.d prom~sswy ~+ote w in th~s Matpige tu the crHrary no~w~ths~a,~d~~~g; and thereu~wn or dxrcaf~er al Ihe opt~on ot
sa d MORiGAGtE. w~rh~vt +ws.cr w de~nand, svil at law or in equ~ty. therefore x~hereafter begun, a~ay be p~cr~wted as if all moneya ~ecu~ed he~rby
nad a~atureci pnw to ns ~++s~~tut~on.
ihat in Ihe eveot that at the bcyinning o1 w af any iimr pend~ng any su~t upon tl~is M.ortgagE, o~ to foreclose it, or Io relo+m it, or t0 enfwcs
payment of anv da~n.s he~eunde~, sa~d MORTGAGEE shall apply to the Covrt hav.ng ~u+~sd.ct~oo thvrcol !or ~h.: appo~nt..xm of a i:ecerver, such Cou~t shalS
Fc•th,vith sppo~nt a rece~.-e~ af aafd rnw~gaged prooe~ty all ar~d s~ngular, tnc:vd~~.g aN a~~d s~n~u~ar rt:e ]ncome, p~olnf, lssuss and .~ven~,es iran whatevrr
s. urcr drrlved. each and r+ery of wh:ch, it be.ng expres~!y understoAd, is heteby mort9a~od as ~1 spec•}~caM1y set lwth and drxr~F.ed in the yranr•ng and
he;~endvm davses herrol. and s~th R,~ce~ver shalt have .II Ihe uroad ar.d CFEKhvP f~nct c~u and po.rers ~n anyw~te entr~ated by s Covt to a Recciver, a~~d
s. ch appo+~tment shall Ee made by such Cou~~ as an admitted cqv~:y anc~ a mand o1 absoiutr r.g~l to sa~d MORIGAGEE. a~d wdtr:u! re~erznce ro the
edeqcxy or inadcqvacy ot the wlue oE ~he FrJperfy mor~gaged or ~o ~hr sowrocy or :n~wvrncy ot sa~d MORIGAGOR or the de~e~.dants, and thet s~,ch
re~~~s, pro6n, ;ncome. ~ssucs and :rvenues sFa~i be app~ied by such Recc~ver ac:ord~ng to the Gen or rq~i~y of sa~d MORTGAGEE and the pract.ce of auch i
Court. ~ ~
8_ To d~ly, promp~ly and fully perfp~m, discherge, e:ec~te, e(~ed, complete, comp:y w~~h •nd abide by each and every the ~tipulations, agreements,
;ondetions and covenants ~n sa~d p~om:aswy note and this mortgage set lorth_ •
9_ Ihs:~„•i~it.t~ ~~ent the ownc~ship o( the mo?:gaged prem~xs, a any part thereof, bccames vested in s pNson other Ihen the MORTGAGOR, the
h•.ORTGAGEE, in success«s and ass~gns, ~*wy, wi~ho~t not~ce to the MORiGAOR, deal w~ih svch successw ur succeisAr i~teres~ w~~h .efrrence to this
mu~tgs9e ar+d fhe d=b~ hercby ssa•.cd in the same manoe~ aa with Mo.tysgo~ va~~lw~ut in any way vl~:a~i.~g a d~xharg~r~g ~he Mafgagori liab~6ty here-
,,~drr or vpor+ fhe deb~ he~eL•y seci~red. No sele of the prem~xs hereby r~o•tgagrd and no +ert,eara~ce on the par~ of ~he +ApRiGAGEE a its s~ctessors
o. ass~gns and r.o csters~on of rhe time fw the payment of thr deb+ hereby sec~~ed g~~cn~by the MURIGAGtt or ~ts successws o~ au:gna, ,::ait opera~e ~
ro rciease, d~scFsrge, mod~fy change or affect thr orig~nal liabllay of ~he MORTGAGOR herein, either in wFwle or in part.
10. It is spec~f~cal;y .ag~eed that ~ime is of the esser.~e of this <ororact and rhat no wsiver o( any ob~•gat.on hereunder w of the obligation sr
curcd F.rreby shati af any time therraiter be heid to be s wa~.er of t!x terms hereof w of ttu i~~str~mem secv~ed he~by.
' 11. In aoc! s:o-+ !e rhe twego ~ig monfh!y paym~ms of p+~nc pa! arr.! interesr ~equ~red by the p~of*+ ssofy ~~o r s~•cured herrb f. mo+tgayor eovenants
e~,d ~g•ees to par ro r'o"'9a9ee v.~th each ~„onrh:y payr.:ent an add~~~onal sum rs!.~z~ated by rt:ortg,sgee to be eg~a~ to 1 12 of i:,e an:~ual cosr of the fottow-
3: ,
A-Aii rEai prope:ty taars !ev~e~ or assessed a~~~•~st ih.~ above desu~bed re-a~ es~ate.
' B- Pr~~r.~ •,s on fire and w6ndsrorm 7nsvrar~~ as here~n req~;red to be carr:ed e~ ~I~e ~mp~oveme~ts s~tuate on th~ above d^:cribed prem;ses.
I C-Pre~n:u~* s o~ s~ch morty.ge gva•anty ~nwra~:ce as mortgagee sh,~il EroT !~~e !o ti+ne drem fit to carry on the loan set~red hercb/_
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I Mortgagee siea': `.•om t~~ne to n^= ner~f; mortgagcr ~n w:~t:ng of the a~c:ou~f d~e and payable herevndrr and wch wrn sh.eit thereupon be due a~d _
~ c.eyab!e on rhe r.~e Qare of The ne.t monthly payment and each successive month thereaff^r ur.til mortgagee s~+a!t not~fy morraagor of a change in such
e-:o~nt. $uch su:~s s~a'; be appt~ed by mwegagee sowa:d the payment of :eal preperty ta,ces, ins~ra~xe prem.~ms, a~v.~ mortgage guarenty insurance
C'fT.IVTS.
IN YrITNf55 :ti'HEP:O~, rhe sa~d MORTGAC,OR has hereunto set his hund and seal rhe day and year first afwesaid.
~ Signed Seate/d,ar.d deFi~e~ in the presence of: ~~`~w` ~~L ~~ei~ ,
~ " J r ~ - ~ ' 1 a:c _ FIlEO ?h? RECQR~EO~ r 6~~ '
~ idi ss ST. ~uci~ COUKty 4R Wi].li E. Banker ~~,n
ROGER POITRAS _
CtEaK C~RCUIT CO ~ ? ~ rse~q
tness RECOP.~? Y"cq~f1E0 Dorot H. Banker ~s~sn
_ : ; :.7E OF ~u~c Ohio - ~ ~ ~ ~ 2 PM ~
COUNTY OF ~rf- ~ zso4sl
Befwe me penonally appear 1~filliam E. BBIIICAP and
Dorothy H• BBTLICe2' _ h~s wife, to r.u well krawn ar+d knoarn to me to be
the ind~vidvals described in a:x1 who e~cetuted the forega ~nstrument, end acknowiedged before me that they executed the wme fw tF~ purposes ~
tharein expresud. And the said ~rott~y H. ~11C8I' ;
rv~fe of the said - _~lli~ E. Banker _ ~~an a sepa~ate and private i
e~am~nat:on by me taken xparate and apa:t from F~er ss~d husband, ack~owledged to and before me that she executed said instr~ment freely and volun-
rar~ly and w+rhout any compv:sio~, constraint, apprehens~on, fear of or from her said husband.
WITNE55 ny hand and nfficiel sesl this - day of s~~l~ A D_ 19~_
~AyTo~, oN~a , _ :
~
Notary Pub~~c in nd for the State of ~at lar~e !
_ M~ Comm~ssion expires: j
Retwn To: ~
First Federsl Saviogs b Loan Asscdat~on JA~"ES M. b~~'JN~~lJ, Att.^tn~V•.1t•~~,~y ~
Of Fo.t F erce. ~~Ot~ry P.:~':; •$;a!e ef Ct~:o
fort Pierce, Ftorida
- 1r1y Co.^.7:!; r..: 1-.? rRy.~eL'Of1 dat• t
Sec:~o1 24I.G3 ft. C. . ~
. i
This Instrument Prepared By {~D. E. B2'8t1t1 ~ - ~
First Federal Savings 8 Loan Association ~
of Fort Pierce ~ ~ol'ids-
Checked By ~ .
eoo~K193 204 ~-~-138
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