HomeMy WebLinkAbout2008 Te pi~c~ ud con~i~wouslY kNp on ~he bu~:de+p~ ~ow a 1+~~~~FtM w~v~N on ~~id I~nd ~~d on ~it eautpn~~ ~nd prnenallr cow?~d bY My n+or
p~. w~rA ~A p~miwea ehtt~on pa,d ;n fv!{, li~~ iruuunc~ in tM vwal s~u,d~rd po~KY fwn~, M~ a~ww ~pp.on~d bp ~!y NWR~GAGEE. ~nd w~w
~nw~Ma in tM v~wl ~~ud~~d poi~ lo~n~, in • 1YT ~ppowd by tM JNORIGAGEE, ie tucA company w con+pw+~ a~ ~iy NWRiGAGEt rw
dr~c1: ~nd ~11 ~ir~ ~nd w~a~m in~w~~ce policws on ~nY of uid bwld~n~p, ~r MNrn~ ~M.~i~ w pah ~M.wl, in tlw pq~p~N ~uw? ~1w~id
in ~ac~ss ~M.wf, ~Aall can~~ia ~M wwl p~nd«d mor~9.p~~ clws~ a tiuch p~M~e~ cl~ ~s tiw AAw m~ ~
c~. ~ach ~nd ~w.y. parabk w said MORIGAGEE N~rs in~~.~s~ ~na '9~ Y puu~. nwlhq U+~ bw undN u~d po
~n MW Y~PP~+~. ~nd eacA u+d ~wry urch po~icy tha11 M praopN~ yned u+d d~Gvtred ~
r plr u~d MORIW1GEf fw~Aer ~ecurity ~o ~d na+pa~ d~W. ~nd, ew~ Ihs ~h~n he 1101 d~ys t~ adv~nc~ of dn ~apk~fion ol tacti poliey. ~o d~
I~w+ M a~id MOR~GAGEE • r~wal rhHwf, ~oqe~hw wi~A ...c.~p~ fw +M p..~,+iv~ ol such rerkwal; ~nd ~her~ ~hall b~ no fc~~ a w~~+dsro~m i++sw~nc
pIK!!~ 011 My Of y~if~ Evlldinps, My iare~ett rhsr~~n a pa» ~haeol, unl~ss In ~M form ~nd wi~h th~ Iow payabl~ u•(a~aid~ Md in th~ ~we1 My sun ~
of nw~+ty bacomq payable wch policy or polKi~ iaid MORtGAGEE ~MII Mw tM op~an ~o receive .nd ~pp~y ~F,e sam~ on accoun~ oi tM inei~b~ed
~eu Nc~~ied F?e~tby w to p~rmit said MORTGAGORS to reuive ~nd v~ if p•oy part thereof fo. o:nrr puiposes, w;~houf ~h~.eo~ waivi~y w~n,pai.
+nq iny eq~~ry, lia~ a rph~ vnde~ w by virrw d this mort~~yej ~nd in tM ~vae~~ aa;d MpRTGAGORS ~1u11 fa any r.awn fail ro keep ~he w~d p.~nusas so
insured, p fail fo d~livt~ pranptty ~ny of said policies of ir?sur~nc~ to said MORiGAGEE. ot fail promptly to pay tuUy a~y p~em+um rhenfw p in any
resp~ct fail ro p~rfam, d~uhuqe, ~xec~te, ~fled, comphN, comply wi~h u~d ab's~i by thia covenant, w a~y put hKwf, said MORTGAGEE may pl~c~ ar,d
p+Y f« ~uch 1nsu~+nc~ o~ ae+y pah tMreof without w~ivN+p w atixtinp ~ny optio~, Iwn. puity, w ripht ~nder a by virtw of this Mortqap~, ~nd the
futl ~mount of ~acA and ~wry such payment sh~U b~ immedi~roty dw ~nd payabb a+d shall bear intNast from tM dat~ ~hereof until p~id at th~ raq ol
n~~e pK pnrum pM ~mum and toge~her with such i~rerest shill b~ secwed by th~ li~n of thK mortpp~.
4. To permit, commit o? ~uf(er no wast~, impiirment a detaiw~tion o( said prope~ty w any parl thereof.
5. To pay all ~od sirgvla the coats, cAaryes and ezpe~ses, includinp a reasonabl~ ~ttwn~y's fee and costs of abstncts of titl~, incurred or paid at
any time by isid MORTGAGEE, becavse w in the event of th~ fa~lure on the pa~t of tM said MORTGAGOR to duly, p?omptly ~~d fvlly pMfwm, d~xharge,
eYecuts, effed, compleq, compy w~th and ab:de by each ~nd every the ~tipula~ioru, ~y~eemenn, cw+ditions, and covenann of said promissory note and thw
mortype ~ny o? lithe~. and saw! cosn. cMryes and e:pense~, each and wery, ahatl b~ immcdiatety dve and payabla: whethe~ a not shere ba ratice ds
mand. ~ttempf to col{ett p wit psnding: ~nd the•Eull amoum of eath and every suth paymenl shall bsar iMerest from ~he date thereof until paid at the
ra~e of nine per centum per an~wrn; and all said costs, chuga and expenses incurred or paid, togetl?er w~th such imerest, ihall b~ setwed by the lien of this
mort~aQ~. .
6. That (a) in the 4,venf of any b?esch of thii Mwtyape or default on the part of the MORTGAGOR, a(b) in the event ~~y of s+~d sums of money
herein r~ferrsd to bs not promptly and fully paid within thirty (30) days next after the same severally become dve and p~y~bk, without d~mand w notite,
er (c) in the event each ~nd every the stiputations. ag~eements. condirions and corenann of sald pomiuory rwte and this mort~a9e any or either a~e not
iuly. prompil~ and fuly perf«med. d;scharged. excc~ted. effected, completed, compl~ed with and ab~ded by, then in either or any such ~wn1 the uid sg
gregate wm mentioned in said promissory note then remainiog vnpaid. with interest acvucd, and aH mor+eys setured hereby. ~hal1 betort~e dw and pay-
able fathweth, a thereafter, at the oprion of said MORTGAGEE, as iully and completely as if all of the said wms of mor?ey were piginally stiputated
~o be pai~ on suth day, anything in said promiuory oote or in this Mortgage to the contrary notwithstanding; and therevpon w thereahe~ at the opfion of
s~id MORTGAGEE, without notice or demand, wit at law or in equity, therefwe o? thereafter begun, may be prosecvted u if all ma~eys sec~red. hereby
had matured prior to i1y irotitWion. .
7. TMt in the event that at the begin~ing of or st any time pending any suit upon this Matgsge, or to foretlot~ it, or to refam it, w to enforte
aaymeot of a~y claims hereunder, said MORTGAGEE shall eppty ro the Covrt having jurisdiction thereof fw tF~e appointment of s Receive~, such Cwrn shall ~
forthwith appoint • receiver of said mortgaged property all snd sing~lar, includ~ng all a~ed singular the income, profits, iuues and ~eveoues from whatever
source dc+ived, each and every of which, it being expressl~ underatood, is he~eby matgaged a~ if specifiwtty set forth ~~d desaibed ir? the granting a+od ~
habendum clsuses hereof, and sucF~ Receiver shslt have all the kxoad and effecrive funcuons and powers in anywise entrusted by a Court to a Reteiv~~, and
such sppointment sFwll be made by wch Court as sn admitted eqvity snd a matter of absotute right to said MORTGAGEE, and without reference to the
adequacy a inadequacy of ths vatue of the properq mortgaged or ro the solvency or iowlvency of ssid MORTGAGOR a the defenda~n, and that such
~ents, profin, income, ~uurs and revenues shall be~apptied by such Receiver accord~n9 to the lien a equiry of said MORTGAGEE and the practice of such
COUft.
8. To dvly, prompNy and fuily perform, diuharge, execute, effect, comp(ete, compty with and abide by each and every ihe stipu~ations, sgreemenq,
condiYroro and cwena~ts in said promiuory note and this mortgage set fwth. -
9. That in the event :he ownership of the mortgaged premises, or any part thereof, becort~cs vesfed in a peraon other Than the MORTGAGOR, the
MORTGAGEE, its successas and sugns, may, without notice to the MORTGAOQ, deal with such s~cctsxor or successor in intereat with refe~ence to this
mortgage and the debl hereby securtd in the same manner as with Mortgagor without in any way vitiating w disthargin9 the Mortgagors' lisbility here-
under cr upon the debt hereby secwed. No sale of the Fremises hereby mortgaged u,d no forbearance on the part of tF~e MORTGAGEE or its successon (
or auigns and no ezrer~sion of the rime for the payment of the debt hereby secured given by the MORTGAGEE or its suttessors or assigns, shall oFetate 1
ro release, discharge, modify change a affect the wiginal lisb~lity of the MORTGAGOR herein, either in whok a in part. i
10. It is spec~fically agreed that time is of the essence of this contrad and that no waiver of any obligat~on F?erevndcr a of the oblgatwn se- f
cvred hereby shati at any time thereafter be he~d to be a waiver of the terms hereof p of the insrroment setu.ed herby. ~
11. In add~tion to the forego'»g monfhly psyments of princ'pal and interest required by the promiuwy note tecured hereby, mortgagor covenants
and agrees to pay to mortgagee w:th each mqnthly payment an add;~ional s4m estimated by mortgagee to be equal to 1/12 of the annual cost of the follow-
ing: ~
A-All real property taxes tevied or asxssed agai~st the above described real estate_
B-Premiums on fire artd windstorm insura~ce as herein requ~red to be carried on the improvements situate on tF~e above described premises. ~
C-Premiums on such mortgage guaranty irtsurar~ce as mortgagee shall from time to time deem fit to tarry on the ban secured hereby. ~
t
Mwtgsgee shall from time to t~me notify mwtgagor in writing of the amount due and payable hereuncler and such sum shalt thereupon be due and
payable on ?he due date of Yne next monthly payment and each wccessive month thereafter ur.til mortgagee sha~l notify mortgagw of s thange in such ~
arnount. Such sums shall be applied by mwtgagee toward the payment of real pr~rty taxes, insurante prem~ums, and mwtgage gvaranty insurance
premivmf-
IN 1NITNFSS WHEREOF, the ' MORTGAGOQ has hereunto set his hand and seal the day and ar first aforesaid. ~
Signed. Sealed and delivered the presence of:
• i
n ;
H. S tha . ~
. ~ ~
B9titi sW'~8I^~ a~ ~
i
S7ATE OF FLORIDA ~
St IuC3e u'
ccuNn oF •
Before me penonally appeared W~u~81a ?SAltr1181~ snd
~8t~ J~ ~ll~i~81~ his wife. to me well known and known to me to be
the individusls desvibed in and wfio executed tFe foregoing instrwnent, and ~cknowtedgod bef«e me that they execvted the sams for the purposes
rherein ex~es~ed. and the :a~ Bettv J. Sonth~rri - z..
itf i' rt_' .
W~ fe of the said R• SA1~181~ ` D'.
examinaYae b me taken se
y parete and apan from her said husband, acknowledged to ~nd befwe me thst she executed said instru~f• ~
,
~arily and without any compulsion, constraint, apprehensiQn, or fear of or from her ssid lwsband. •4,{"~~'.~
W(TNESS my hand and officisl seal th;s~ t w day af ~1' ~2' ,~-;V4.~: 19
. . 1 . ` ~
•
ary Public in snd or St~t~ ~
MY Commission expires: . r"~ ~:~p'- t
Retum To: iU~RRY PlS$LfC ~iaT~ Qt r"LCHt~X~ r~~`~ ~
First federal Savirgs d~ Loan AssociaYan MY :~.'-~1."`.:~:~1 ~s':?;~~5 fAFR. -~'~~LC'
Of Fort P~erce. :F~t: s ~t ~r!:;?tp.A:'i
= (.'i:,~ErZVlRiTg
~TE' a
Fort Pierce, Flaida . ,t `
/ 'lfft~lltl~'' - ;'ar:
•1 S LEO AND 'RECOIR~p~~~'`~. ~ I~ ir x.~
This Instrument Prepared By d. H• ROb92't?8~ dr. ~paEpCP01TRwS t~~~ ~
First Federal Savings b Loan. Association ~ C~ERK ClAGUIT COURT ~
of Fort Pierce ~ F101'id8 RECORO YfRiFIE~ ;
!
Checked By ~ ~ j~ 2 3'r ~~~t ~
. a~~ ~E~rVW
~ ' ~ ` . ls
~~j"~~`"`, `~-~~~.~,='~r y:.~~~~v.
~