HomeMy WebLinkAbout0946 To ptac~ and cont~nuousty te~p on rM bui'.d~~qs oow w hH+a1tN Wtuat~ on sad Iand ar.d on ~U tqu~p:nem a~,d p...a+ai~y co~e.ed b~ ~h~~ ~no~~~
y~. wi~h ~Q penuum~ thcreo.? pa,d ~n full, f~re imu~ance ~e ~M u~wl ir•~rd pot~cy fo~m. in • wm app.oved b~ ii+~ MQR~GAGEE, ~{~d w:nduam
~~.~wanc~ ~n ~he ~swl t~a,xfard pot.cy for~n, i~ a sum approved by ehe MORTGAGEE. iti fucA c«apa~y o~ comp~n~es ~f d~ JVtORiGAGEE e~uy
dnett; ae~d all li.e a~d w~odsrorn? inwran:s pc~lw~et on any ol s~~d lwild,n~s, u?y iMer~~t ~he~e~ o~ pa:t ~hereol, in IM ay9re9ate w~* ~foreNid w
in e:ces~ ~havwl. ahall contaiw the ~swl ~~~ndard ma~ga~ee clwsa a s~,ch ahe~ clav3~ as ~ke Maty~ges may rcqu.r~. ma?in9 ~M loss u+~de+ ~s:d po~~
c~es. eacA ~nd sve~y. paw~6~e ~o s~~d AtORI(aAGEE ~s ~ts ~n~ere~~ may appear. ~nd each a~! eYc.y sucA pot~cy ?Iwll be promptly ~ss flncd a~d delive~ed ~o
eny ha~d by sa~d MOR(GAGtE as tur?hr~ srcu+~tY ~o u~d ^•w~9+9~ deb~. ~nd, no~ leu N»n ten l10) days in adve~ue of ~he exp~rauon ol e~ch po1Ky, to dN
~rv~t 1o s.id MOItIC,AGEE • ~snew~i thetcof, loqe~her with a rect~pl for the prrmium o} fuch re~~wal; and tl~ere slull be ra Lie o~ wi~~ds~am insuratK•
pl~ced on ~ny of se~d b~~ld~~igs. any intc~esl ~hr~e~e w p+r~ theroof. unleu in ~he torm ~rK! wnh th~ loa~ paysble aa alaesaid: u+d in ~he ewnl any ~um
of nwney beconx~ par+ble undN such policy a polK~es sa~d M~~tTG+1GiE shafl Mve ~he op~~on to rece~rr a~.d c~ly ~he somr on xcoum c+t the indsbted
nett fKWed hNeby d to pe~mil s~~d lNORTuAGORS f0 ~Keiw Msd uft il p any parl Ihe~~ol Iw OuKV Hurf~osrs. .v~~1Ki~t lh~r,u/ wa~.ni~ O~ ~~~~pe~r•
;ng aoy cqu~ty, I~cn or ~~yh~ und..-~ o~ by virtue ol ~h~s ~a:'9+Qe; ~nd in Ihe event sa~d MORTGAGORS shaU for any reason la~l ~o keep ~he sa~d p~~se~ so
fnsured_ a(~i~ to del:var pranpily ~ny ol said polKies ol insu~ancs ~o sa~d MORTGAGEE, or faJ promplly ro pa~ lulty any ~e~~wm ~hcrefa a in a~y
resoect iail to per(o~n4 d~s<ha~ge, e~ecWe, elfec~, compk~e, ca~+ply ~vith and ab~da by this tove~ani, d any part he~eof, se~d M.GRIGAGEF inay place a~+d
paY Iw s..ch inw~+nc~ of ~ny part thereof w~thout w~iv3np or alfectin~ ~ny optioo, iie~, eqwty. a ~~gh~ undei w by vir~ue ol this M«~g+9e. and tl+t
tull a~nounl ol tuh and e.ery such paymeet ahall b~ ~mrnedutely due and piyable cod thalt bra~ intrrest from da date thereof until pad at tM rate ol
~~re per ceo+um per •n.wm a~x! ro~rrt~r~ u~fh such imeresr ~t~alf be sccu~cd by ~he l~an oi th~s mo~tgeg~--
4. To permit, commit w suller no was~e, impairmen/ ot deterioratiw~ o( sa~d P?oPe.ry o? ~~Y p+~1 ehereof. ~
5. To p~y all and singulr. the costs, charyes and expense~, inclwl~ng a reasor+abb aftw~eY's lee +nd costs of abi~rxts of ~itle, incw~ed or paid at •
eny t~mc by sa~d N.C4IGAG:E, bccause w in the cve.+t ot the ia~lure a+ ~he Par~ of the s~id MORiGAGOR ~o duty, pron+ptly ar+d f~Uy perf<vm, d.xhar9~,
rxrcu+e, ef(ec~, compleie, comply w~th a~x! ab:oe by each and e. ry ~he s:~pu~at~ons, agreeme~~s.'cond'+nons, arx) covrt~anrs o~ sad p~om~ssory note ~nd ~h:s
.morrgage any or e.+he?, and sa~d cosrs, charge~ a~d e,eper?ses, each and !V _MY, sF+all be emcnedu~ely due snd payao!e; whe~hcr a rat rhere be netice oe
ma~d. af~e.op: to collect w s~~t pen.i~ng; and the full a~vwunt of aacl+ and wrry sucfi paymc~~~ ~hall bear inreres? from ~he date fhereol u.~til pa~d ~t N+e
r.~f~ a+ n~ne qer cene~m pcr a~.~w:n; arw-: all saN! cosrs, cM~ges and eaper~us incurred w p+~e1, togr~he+ w~~h such inrerest, shaN be secured by tke Iiu? of thN
mort9ap~.
a. That in ~Ae evrnt of an~t 6.each of fhis AAw?gage w defau~t on tne part of the MORTGAGOR, u~b) in the eve~t ~ny of sa~d tums of monty
hr:ein rrferred ~o tx not pranprly and fully Wid wi~hin th,rty (30~ days ~ca~ atrcr ~he seme zevera:ly bccane d~x and payaUle, wid.~u~ demand w no~ice.
or (c) in thr e~ent each a++d eve~y the st~pula~ions, agreements, cend~+~a~s and covenants of sa d prom~sw~y *w~a a~~ th.s mo~~gage any p e~Mer are nd
~uly, pron.p~ly arKi ivl:y perfw..ud, d.xha~ged eYecuted, etfected, comp:ered, compl~ed whh a~d ab~drel `ay, then m e~~her o~ any such evem th~ sa~d aQ
gregate sum menr~oried in sa~d p~on,~ssory nure ~hen remaming unpa~d. with imcrest ~ccr~ed. and •tl mo.~eys aecwed hereby, s1w11 become due and pay-
atle i«thw~th, or ~hereafter, at the ope.on of se~d MORiGAGEE, as fu0y a~d comp:Ne~y +s it atl of ~hr sa;d wms oi money were a~g~na~ly s1~pulated
ro be pa+d on such day, anything in sa.d pran~sswy note w in fhis 1Vbrtsagc to ~he cont.ary not+v~th~tendn~g; and thercripon o~ thereafte~ ths op~wn of
sa~d MORTGAGEE, w~rhovt ~once or demand, auit al taw or in equily, tfie~efae w therealter begu~~, may be Froaecvt~d aa if all moneys setured hereby
nad mat~rcd Fw~w to ~n ~nautotion.
7. That in the c.ent ihat et the beginn~ng of w at ~ny time pend~ng any suct upon ~h~s Matgage, a to iorectwe it, w to ~eform it, or to enfwu
payment of any claims hr~^under, said MORTGAGfE sh~Il apply to fhe Courf having ~unid~a~~m ~hereol (or the ap,>om~ment ef a Receiver, wch Cou~t shall
forrhwnh appr,:M a recr~:er o1 se~d mortgay~d proorrtY a11 and singvlar, inclvd.ng all ]~~d su+guiar ~t~e ir.ce+me, p~ofits, iasues and revenues from whatever
se.,~cr drr:ved, each axl e.ery oi wh.ch,'~t be~ng-exp~essty understood, ~s I+ereby moifgaged as if apec.f~caiiy set fath and deur~bed in the pranting and
habendu•~+ clavses herroi. and such Rcleivn sha~1 have ait ~he b~uad and effea+ve furxt,ons snd powen in anyw~:e e~uwsted by a Cou.t to a Rece:ver, and
i~zh appoinrme,v ahall be made by such Cou~t as an admitted equity ar~d ~ maner oi abaoiute ugh~ to said MORiGAGEE, ar+dtivifhout relerence to the
edeqvacy o~ inadeq~acy of the value of the proae~ty mor~gaged or to the so~ve~+cy w~~so:vr~+cy o( sa~d MORiGA(iOR or the dcfendant~, and ~ha1 such
ren+s, profits, ~~cane, iss~es and revenues sMlt be appi~ed ?~y such Receiver accordu~g ~o Ihe I~en w equity of sa,d MORTGAGEE and the prxtice of suth
CouA.
8. To dufy, prompt:y and lu'~y per~o.m, d~xha?ge, execure, cifect, complete, comp~y v.~:h and ab~de by each and every the stipulatioos, ~greements,
conditions ac~ covrnann ~n sa~d pran,ssory note and th:s rtwrtga~e set fwth. -
9. T~af in ~he eve:+t ei+e ownership of thr ~nwtgayed p.a~~ses. o. any part thereo(, becomes vested in ~ person other than the MORi(',AGOR, the
6!ORTGAGEE, its succeswrs and afs~gns, may, withoul :•ot~te to the AtiORTGAOR, deal w~eh wch successor a successor-~n inte~est w~~h re(erer.te to lhis
mo~~gage and the dc-o~ he.eby secured m the same ma.+~er as with Mortgago~ w~thout in any way vit;atirg p d~xha?g~rg ~he Mortgago~s liability I+~re-
~nder o? upon rhe deb+ herrobi sew~ed. No sate oF tF~e Fremises hercby mortgaged and no twbearence o~ ~he par~ of ~he MORiGAGEE or its successon
or assigns a:+d na earens=on of the t~me fo~ the payment of ~he debr hereby secured given by ~he MORTGAGEf or its succeisors o~ su~g~s, sha~l operate
ro release, d~scharge, mod~fy chan9e or aifect the ag~nal liat~;l~ty of the MORTGAGOR here~n, either in whole w in parL
10. It is speuiicatly a9~erd ~hs~ time is o( ~he esx~+ce o( fhis contract and thaf no waive~ o: any ob~~gat~cw~ hereunder or o( the obligation se-
c~red hereby sh~~i a~ an~ n.ne sh,:realter 5e he!d ro bc a waiver o( the terms he•eof w of the instrument secu.ed herby.
11. tn a:id no ~ ro rhe for~ge ~•g monti:':y payments of prin; pel jnd i~~eres~ requ~rrd by the prom~ssor~ no~e secu~ed hereb/, mortgagor eovenants
end agrees to pay to ^•o~~gagce wdh each mo~,ih~y payrnent an add.nonal s~m esumated by mortg,~gte to be eq~al to 1 12 01 t:~r annual cost of ~he folkow-
~n.~: _
~ A-A!t rEai rroperfy taars tev~ed or assessed aga~•~st thc above desci4~d real estate.
B-Fa-•,-.:~::s o~ hre and windsto:m ~nsuracce as here~n reqv:red to b- carrird on the :mprove~neats s~tuate on the above described premises.
C-Prc~-~~u~u o~ w:h mor?gjge gua~anty ~r.surar.ce as mortgagee shall from ~:rr.e ro t~me deem fit to carry on the ban securcti hcreby. -
~I Mu.tgagre s^.+'~ ~•cm. r~me to r,r-,e noe~fr rnc.tgagor writ:.g of the emou~t due and payable he+eundrr and a~ch surn sFu!1 thereupon be due srx!
~ ;~yable on rhe dve de!e of the nexS monthiy pavment and each success~ve ~:o~th thereafter ur.til mortqagee sha!1 no:~iy mortgagw of r change in such
e~.eunr. Soch w:*~s s!-a i!~e appl~ed by mortgagee toward the payment of real property taaee, insuraxe prem:vms, and mortgage gwranfy inw~ance
i'•emi~ms.
I IN L'~liNE~S ':~MfREOF tne sa~d MORIGAGOR has hereunto set his hand a~d seal the day a:id ye~t, fi:st aioresaid.
Sgncd, Sealed a~d det~vcred in the presence of: ~
- /i j ~
f~lEO ~?ND RECOR~~~
- ,I ~ ~ St IUC~E COUNTII _ a~
. ~ ItOGER P01T~/~' / -
IlEC0~0 vER1F
Ep COIIR~ ~ • '
_ - - - ~s.,n
S~:+TE Of FIORIDA ` O~ rM'
CJIiNTY OF •~iti. I,IICl@ ~ 21(~~~)
Eefore me persona!!y appeared _ G• ~JOr ~^d
_ _ Rayo3a J. HR~OI' his wife, to me well known and k.wwn to me to b~
rhe ind~r~dwls descr;bed in and who executed the fo~eyare~ instrument, ~nd xkrawledged be(ore me that they executed the same fw the purposes
itayola . Ma ~or
rhe+e~n e:pressrd. Md the saed-______ -
w:ie o/ rhe sa~d - RO~I'~ v. ~'a~Or upon • sepawte and priv~t~
e.am~nat.on by m~ taken se;.arate and apart from her s~3d husba.~d, ackrowledged to •nd befwe me Ihat she ezecuted said instrumem freely a~d wtun-
ra•~ly and w~thout any corr~,tswn, constra~m, apprehe~s~oa~ fex of w from her said_husband. .
WITNESS my hand and offius! xa! t6i~ _ _ day of_ _ ~u~ A_ D. 19?~
- ll~~L°~"~~ ~
Notary PuLiK in tor t1~e Sut~ oi F~ida ~t lar~
My Comm~ssion wpird: ~ ~ /q ~ ~
Return To: ~
First Federd Sa~ings S Loa~ Aawua?.N (~jOt~~ ~IK, SUIt OI RIYI~ ~t
of f~., v E,-~- µy Co:~~ssao Expires 6. 1971
Fort P~trtr, FI•~r:de " . _ /o~Nd~r~~~a~~
~ ~
- . .
C~
~ .•r~ .
This Instrument Preparec! By John in`, Collins . a+:~ ~
First Federal Sa•~ings b loan Assxiation t-r
of fc?t Pierce ~ Flo7'ida . ,
~ - - O`;-
Checked BY . . ~ '
aoK 1 y3 9~
~~S