HomeMy WebLinkAbout2022 ?o pt~a «+d caWi~waNy t«p ow rM build~rq~ now a M~Nh~r ~NwN on ~aid ~and sn0 0~ ~11 pui0^~ ~nd pKtawlh cova.~0 M? N~N n~a
p~ wah ~II p~iww~ tlw~on pa~d in fuq. fin tmw~nu in ~M wwl ~~wdwd poiih 1or~. N• wn~ ~ppco.~d b~r tM MOR1W?GEE. ~nd wind~ro {
~wrnw M N~ Lwd N~+dud pol~cy fa~ b~ w~ ~pprov~d by ~M MORTGAGE6 in wcA canpanY a? oo~wp~niN M 1M MORTGAGfE, w~
~~C~j M~ ~ M1d 'Mi1~1Wlq 1fNY~M10~ ~ICiM 011 M~ O~ Nid bVi1dM~~, Mly M~MNt MNNr1 W pMt tAM~01, ~~II I~M ~~~N WT ~fOffNid
r+ ~aaw ~Mnof. sl+~ll conain ~M wwl Nwd«d ma+ppw clwN a svcA aM. dwM N ti+~ Ma~apN ~y .pvw~. ~M~inO fM bN W~M N~ p0
ciM. Nch M~d wK~. WY~Wi !O Nid MaRTGAGfE in MtNSN n++Y M?V~M. M~d lK1~ Md ~vNy ~ucA polity ~Aall b~ wOn~plly ~ftpntd Md dNivNed +
«+r hNd by wW MORtGAGEE a fwMa wcwih ro s.d ma~ppe d.W. ~nd. na ba tMn Nn (1~ d~ys In ~dvMa ol ~M ~rW.~~bn of Nch po~Ky. ~o d~
IivK b said MORTGAGEE • nn~wN tlw~o(. wpaiw wirA ~~~c~ipt fp th~ pr«niwn ol wch r~walt ~nd ~hN~ ~hall b~ no fw~ o~ wi~?di~a~n iruur~nc
p~~ad on seMr o/ Nid b~ild'a~p~. ~np intK~p tMr~ or pat tM.wf, vnl~ss tn tM fam ~nd wi~h tM bu pay~bw u da~s+fd~ ~nd in tM ~wnt ~ny wn
of nwMy beccn~ p~yaW~ w,d~? wch polky a policas wid MORTGAGEE shail Mw tM option a r~c~iw a+d ~pply tM ~ an accoun~ 0/ th~ Ind~b~~d
n.ss. s.c.x.d Mrsbp o. a par+nir s.~d Mi~RTW?GORS ro nc.iw .nd uw N a ~t~y pa/t th~r~of fw olher purpofet, wi~hout thereb/ waivi~y p ~mpair
~+~Y ~t1r. li~n o~ riphf w~d~r a by virtw of thii ewrtpp~t a~d in IM ~vM~ uid MORiWGORS ~hall fw N?y nawn f~tl to k~ep ~M sa«d pr~enius w
iruwd, o~ faU b d~liva~ prwnpllr aenr of N1d pOIiCiM OI ieliWinq t0 Nifl MORIGAGEE. a(ai! promp~ly to p~y fulty ~ny pr~mium thtr~fp a in any
rcypec~ f•il a p..forn~, d~schar~. ~xtcuq. ~ffM. oort~pltq. tomply wi~h a~d abid~ by thi~ cov~nant, p any part Iw~wf, s~id MORTGAGEE may pl~c~ a+~d
p+Y f« ~ insw«~ot o~ +ny p+rt tha~of without waivM+p or ~ff~ctinp anp optioe, li~n, ~guity. a~pht undK or by virtw of ~hi~ Matpap~, and ~he
tu11 arnw?nt of ~~ch and ewry such pay,~m ~Mtl M inwnedi~tdy dw and pv~bb ~r,d shall b~ intK~s~ from th~ dat~ ti?Kwf until p~id ~t ~M r~~~ ol
nioe pM unhwn pN aawm and top~thN with ttrth int~reu thall b~ setwed bY tMN liin
oi-~hit-+nortpaa!•
1. To pamh, oommi~ or wffa no waif~, Gnpakmsot w d~t~r'ar~tion of said propaty o~ ~ny pan tl~~of. '
i
S. 7o pay dl and ~irgutar th~ cwh. cMr~s ~nd ~xpM?se~, includinp ~ r~asaubtr ~ttornty'~ f~e and co~t~ of ab~t.a4ti of titl~, incun~d a paid ~t '
sny tlme by said MORTGAGf~, b~catiw or in tlw swnt of tFw f~ilur~ on tM pa?t of tM Nid MORTGAGOR 1o duly. prompHy ~nd fvlly pNform, d'wcAuy~. ~
execute. effea. oompl~t~. comply with and ~d'~ by ~ach and ~very tM stipulatio% pr~MS, tw~ditio~s, ~nd eoven~nri o( s~id promistory ~ot~ u+d thii ~
^+wiy+p~ +oY a~i~F~, u+d aaid a~osta, charpM and ~xp«~~s, ea~+ and ~wry, shall b~ Mnm~diatey dw ~nd pay~bt~: wM~M? a no~ tM~~ b~ norice d~
mand, an~n+p~ w colkct or wit peod~nps snd rM fvll amoent of ~ach •nd ev..y wch pa~m.m ah.ll b~ar iro~ns~ trom ths dar~ tM~eof w?til pad at rhs
rate of nins per centum pe~ annum; ~~d +II sad cost~, chupes and expemea ir~e~r~d w paid, top~th~r with such inta~aL shall b~ s~cvred by th~ IiM of this
mortpap~• _
6. Th~t in tM w~nt of any bre~eh of this JMortyp~ or default on Nr paA of tl» MORTGAGpR, w(b) tn tM ~w~?t ae?y of said sums of moeky
hereu~ r~hn~d a b~ oo~ p.a,+Pry a„d fu~ti P.~d within thiny (30) days rnxt ~ha the same avewtly becan~ dw and pay~ble wi~hou~ demarwi a no?ice.
or in the twnl eacb and wery thr stip~?latio~s, ~r~smtnri, conditioru and coven~nta of ia~d promiiwry oote snd th~s mwtpa~e ~ny p ~ither are nW
iuly, promprly and fully pe.for~n.d, dcschu9ed, ~aecvr~d, ~ffsaed, compbr~d, compl~ed with ~nd abided by, tiwn in e~tF~e~ or ~ny such ~wnt ~M s~id ag
greg~t~ wm menrio~wd t~ said p.omissory nea then r~maininp unpaid, with intaal scuued, and all moaeys saur~d hereby. aMll becom~ dw a~+d p~y-
able fwfhwitlw, oi there~he~, af tM oprion of said MORTGACaEE, u fully and comple~ely ~s it all of the said wms of mon~y wera apinally s~~pulsred
to be piid on wd~ day. ~nythirg in s~;d promiswry ~wt~ p in thh Mwt9a~e to tM co~t~~ry notwithstandirg; ard the~wpon a the~~afte~ at tM option of
sa;d MORTtsAGEE, witlwut ootic~ or demaod, wit at law a in puFty, therafor~ w there~fter beyun, may b~ proaecuted a if all moneys secvred hereby
had mat~xed prar to in kuGt~;;i.~n.
7. Th~t in th~ went that ~t tM bs9inninp of or st any tim~ p~ndinp ~ny w~i vpon this Mwtgag~, or ro fweclwe N, or to refo~m it, a to enforp
paymeet of any daims hereunder, aaid MpRTGAGEE shall ~pply to tM Coun Mvirg juriidict~o~ thereof fw the ~ppointn+ent of a Raceiver, such Cwrt shall
Forthwith appoint a reuiver of said mortp~d property aq ~nd tinpvlu, lncludmp sll and sinyular t1» income. prof~ts. issues and ~~venues (rom wha~ever
source derived, esd~ and ~very of wh~cM, it beirp ~xpreuly v~siood, ia hereby mortpaged as if specitiully ~et fwth a~d d~~cribed in the ~ranti and
habcndum clavses hereof, u~d such Receiver ~hall Mve ~II ths broad ~nd effectiw funct~ons and powen in ~nywis~ ent~wted by a CarH to a Reuive~i, ~nd
such appointment.ihall be m+d~ by wch Cowt u an admitted equity ~nd a m~ttK of absolute riyht to wid MORTGAGEF, ar~d without nference to the
edequ~cy or insdeqwcy of tht v~Iw of tFw properry monpsp~d w to tM wtvency a insolvency of said N10RTGAGOR a tM defendanb, ~nd thal such
~ems, profin, inc«ne, awes and rwenws.:~hatl b~ ~pplied by such R~ceivsr accordinQ to tM lien or puity of aid MORTGAGEE and ~M practics of wch
Cowt.
8. To dvly, p?omptly u~d fvlly p~rform, dischary~. execute, effect, complete. comply with and ~bid~ by ~ach and ~very tM stipulations, apreemeob. -
co~ditaru ~nd covenann in said promasory not~ and this mortpap~ set fwth.
9. TMt in th~ event the ownenhip of tM mortgayed prtmiiet, or ~ny put thereof, becomes vested in • perwn other th~n the MORTGAGOR, tM
MORTGAGFf, Ns succeswr~ a~d aa~+yns, may, withovt notice to tM N1~RTGAOR, deal with ~uch successw or succeuor in intere~t with refere~ce to thi~
mort9a~e and the debt he?eby ~ecured in the same msnner as with JKwtyspw without in aeiy w~y vitiatinp _qr- discharpinp the Mwty~gors' li~bility her~- }
under or vpon the debt hersby secured. No s+te of the premises hereby mort~ap~d and no forbea~ance on the pan of the MORTGAGEE or in successws
or ~uigns and ra extension of the time fa tha p~yrrMnt of th~ debt lxreby :ecured p'~ven by the MORTGAGEE w ib ~ucc~sson or assipro, .hall optrate
to rekase. diach~ry~, rnodify charg~ or ~ffect th~ wip~nal li~biliry of the MORiGAGOR herein, ~ithe~ in whola or in part.
10. It is speNfically agrsed that time is of the euence of this contrad and that rw w~iver of ~ny obli~ation hereunder or of the oblip~tion ~e-
cured hersby shall at any tim~ thereah~r held to bs • w~iver of tM t~rmt hereof or of tM instrwneet senrred herby.
11. In add"Aion to the foreyo:ng monthly paymsnts of princ'pal ~nd interett required by the promiuory ~ote secured hereby, mortgagor covenanh
and agrecs to pay to mortgsgee with each monthly payrnent an add~tion~l ium estimated by mortyagee fo be equal to 1/12 of the annual cost of the follow- ~
7n9:
A-All real propeAy tsxes kvied p auessed aysinst the above d~wibed real est~te.
B-Premivms on fire snd windstwm inwrance as herein requ;red to be carried on the improvementt situate on the above desaibed premises.
C-Premiums on such mortysye qwranty iruur~nce ~t mortgsgea shall from time to time deem fit to prry on iht loen secured he~eby.
Mortgspee shstl from time ro rime notify mortgagor in writiny of tAe amount dve and p~y~ble hereunder ~nd such tum shall thereopon be due ar?d
payable .on ihe due date of the next monthly payment ~nd e~ch successive month thereafter urtil mottpepte shall notify mortgagw of ~ change in such
aRwunt. Such sums shall be applied by morty~gee toward the psyment of real property taxes, insur~nce prem:vms, and mortpaye ywranty insurance
pr~»iumf.
IN WITNE55 WHEREOF, the ssid MORTGAGOR has hrreunto set his hand and seal the day ~nd year fint afw~said.
Sip~sd, ~~I~d ~d d~vK in`th~ ~senc~ of: ~
a~
net R . r n
J
~ ~
' vel L. prew ~
i
STATE OF FLORIDA ~
COUNT1f OF $L. LLiCl@ s'S'
~ e.~,,,.,,,. ~,o,,,ty,~.,~,d Kenneth R. Drew
! Evelyn L. Drew - h;, ,,,,Qi~ k~o~, ww~ w,,,. ro b.
E rhs Uw~rvidwb d~saibsd in and who ~x~sut~d t!w fonpoiig Ludwnent, rd +tkrww{~d~d b~fon tn~ tlwt
k rhe.efn .xp..,~ed. And th. s~~d Evelyn L. Drelil ~Y ~xKVted th~ ssmt for th~ P~?Pos~s
w;fe ~ r~. „~d Kenneth R. Dzew ~~TM
examinaYan by me takan sep~rat~ and ap~rt from h~r uid hvaband, adu~owl~dy~d to and befw~ m~ tMt tlw ~xacuted ~~id imtrum~nt freNy and wlwr
rar~ly and w7tl~ovt any compubion, mratriint. ~ppr~Mn~~on, w f~u of w from h~r said hutb~nd.
WRNESS my hand snd offiwl teal rt,:: 2'Znd d~y a{ ij '
A. D. 19 72
G
. Notary Publk in u~d fa tht Slsb of Fbrida at Lup~
~ MY Cawniuion ~xpirps
Return Ta.
fint f~~al Savinpi 6 loan As?otiation NOTARY PUBLtC, STATE of FLORIDA at LARGE
Of Fort Pierte. ~ BpNDED T~HROUGH~fREI) W.~OIES1Lk90RS7~~ ~
fort Pieru, fbrida .
,.•::~,'r~ .
. . , :
i+r'~'~~°c *.I. i
f1~E0 AND RECO~OEO ~ ; ~ ; : ` • - .
This tnstrument Prepared By John W. Collins ~T•~~~E CPO
1RAS`~ '`,'t ~
First Federol Savings b Loan Associatian R~~Ej~ c;, ~
of Fort Pierce CIE~K G RCWt COUAT - l
, Florida RECOROV[R'•F1E0 :
rS~`- j . ~ _
s~
ch~~a ey F~ ~ t~ 2 39 Ah ~ ,
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e~~~ ~ ~ ~0
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