HomeMy WebLinkAbout1422 To (~1M2 rnd co~~inuovs~y kccp aa +i~e b~~'J~~~9: ~~oN or l.r~.•aE~er ?m+are on saeJ ~end and on a1{ eq.,iw.:r~v ~rx! personaUy covered by ~hls mwtg-
nge. w~th ~11 pras~~ums N:~reon Na.d +n fu!1, tue ina~r,,,,c :n ~he ~s~al s~a~T~ari: ~,o ~cy form. ~n a t~m ep+uovrd by the MURiGAUEE, aRd w~~elitwm
:nsurance ~n ~M ~sual i» ~dard po:.cy 10+~~. ~n a wm a;.proyrd bY ~he MJRiG~GEE, in tuch tompany w cwnpa~~es as tne MORIGAGEE may
d~~rct; and all li~e and +v.ndato~~n u~s~rarcr µo!.c.:s on any oi ~,~d tn:~~d.r~~s. ~ny ~n~r:r>~ the~eio .x ~art th.r,.wi, ia lhe agg+c9a~e su~» a}Wessid o~
~n rxcess ihe~eof, s~~atl conrein the ~suai sfa~~d..rd ma~~~g~e c,ause or su:n o~hec c~~~se ~s tha Mo~sga~re msy req~~ro, mskiry the ~oas u~de~ sa~d po~f
:~es, each and rvr~Y. aJ)JJC ~o aa~d ::tJwIGAvfE as ~n u~~cr~~s~ ~nay ai~~.+~, o~~d '•ac1~ ..~~d r:ery s~:h po~cy ~halt t-e p~ompriY asiy~cd a~~d dei~vrrrd ~o ,
~r.f h~~~J by sa~d A~CRfGAGEE as f~ether s:'cur:ry ~o s~~d u:orig,yr d:~bt, a:•d. not :ess ~<<en trn UQ; da~s ~n ad:~~~ce o( ~hr r~.p~~at~.~~ u1 each po~~cy, Io dr ~
Inrr to se:d :10RTGAGEE a re~tirval thr~~o(, togeiha xi~h a recr~pt for rhr Ftr~+=:.m o( :vch ~e ~e..et: and thr~e shall Le ~w f~re o. winds~c•~~ inswance
pl,cet! on any ol ss:d bu~!d~t9s, any interest ~F+ere~n or p+r~ thr~ro~, ~:+:~ss i~~ +h! •c~~e, r.nd ,n~fn ~he ~ess pa~e:.!e as a~cresa:d; and in the erant any sum
ot money beco~nri payah'e .~nc/er such poGty w F~6crcs sa:d MC'RTGAGiE ~n±ll he.~ ~?~r op~~on ~o rec=~ve ond apply the same on acca.nt of the indrbtrd- _
n~~ss stcurcK! f~reby a to per:n;r sa.d 1I1URivAG025 to ~ete:.~ a~d ~u it or t~~•.:~~of icr c~~:..r ~ur..cers. .~.~~F~,ct ~h:.•,~, +v.~.~,~ cr ~=npa~r-
~ng a~~y tqu~t~, I~eo w nyt~t undrr or by virtue of th:s mcrc~egr; and :n ihe evcro sa d fi1~2iGAGORS sha:l for any reason tail to ketp the sa~d premiars so ~
:,~~«d, or f~il to dr:~~e~ ~xanp~ty •ny oi s~~u Nclic:~s of x.s~: ~~~ce ro s~~d 1.50R!GA~,tE, o~ ia~! i~rompNy to p~y fufty an~ pte~nwm tnera(w w~n a~y ,
r,•s<<~u tail to pr~fam, d~scha*9e, eaccut~, eftect, conpte~r, con pty w~~h and aa~cie bY ti~:s cov~na:~r, or an~ wrt h:reol, s.+:d MGRIGAGEE may p~acr a~~d .
!o~ su:h inwr~nce o~ ar.y part Ihtreof w~~haut araiv~ng M affecting any o;:t.cn, ~~en, eqwty, or n~ht ~nJer W by virlu! of this Mortgage, and thE
._:t amo~nt of each and e.ery such pa~~e~en+ sh,ll tx [n•.,nnd~ate~y doe ~•d ~yso~e sh:~~~ oear :nter~•sr tro~n tha d~te thereof u~~til pa~d at ~he ra~e oi
pcr :rn'~m ~dr dn,:~.~:r~ a~id to3r:i.,-~r ~s~rh e~;•~ ~n•c•~os• el~.r .~c~:rd i:y tho :.~•n OI th:s m~tgegt• -
To permir, to~nn~it or suHr: na w~ate. :m~,air+:ient w~_t~i~;,r..•~c:i uf a..d Frnye~ty or any part the~eof.
5. To pay a!1 and sin~ula+ thc costs, charges and eapenxt, ~~;iud~~~g a~~ascnaule a!tomey's fce and cosls of abstracts of title, inc~rr~ or pa~d a1
~i~~e by sr~~d h'.GRfGA:,:E. tnco:,u or in the tve•~t of ;u~ fa:~.r,; on rn~ coi~ ot ihe sad l.1URTGAGOR ~o duiy, pro~~pNy and f~tly perfo~n% d~scharge.
_::ut~, elfeCt, cu~nN:ete, canply w~~h and ab.d^ Ly'ea:h a~~d r~ery the atiy~leron3, agrec~~~~•nts, tor,di!~ons, and covenants oi smd pro:nissory nole snd this
,.•~g~~r any or e~iher, and se d cos~s, charges ~•~d exprnxs, esch ard evay. br ~c~~r~d~et~:y due and payable; whe~her a not there be not~ce d~
;•r.f. ane:np~ to co::ect or s~it prnd•ng; and ~!ti fu~t an~ount of ea:n antl e•:rry w~i p.~ymrnt shal~ bea• interest lrom the da~e the~tot until paid ~t the
. nu~e pe~ =rnt~m ~,•r on,:v:~~; a~,d e~i s.:~d coyrs. :~~a~7rs s:~d ..,;.~•~~ses ~~~c~.:rcci cr F.a~d. «,grthar .v~~h s..ch :n~erest, shall be s^cured by the l~en o} thi~
~ ._•!gagz.
6. Tha1 ;a; ~n thr even• of any b.cach of tn~s fla-yage or c+ei~~'~ on rM~ p.:rt ..f shr S`QRIGAGOR, or ;b) in the evenl any o( sa~d svms of mo~ey
F.erem refrrrr3 To be not pro^:p':v and fu11y pa~d ~.v~~n~~: ~n:~~~ (?~~i d+ys neat r~c• •r,~ y.;:~e serera::y beco~nr due and payab~e. wul~ut demand w notite.
••<j in rhe evrnt each and every ttie st~p~:3~~ons, a9ree~~ents, cor.d~:ic~s a.~CI CilvB~d^iS o! sa.d prom~saoiy rwte and th~s mwtgage any or either are not
cru.~:ptiy dnd i,,:!y rerfor.re.3. c1 s_I~o:g~_~ ea~c~t..d. ei~r~t. d. co rF:rttd co., ~.,rd :~a~, and ~::~ded 7y. then in eith0~ o~ a~y SuCh eveM the sa~d ag-
»ta au^n mr:~t~enrd in s.~~d pro~~i„+a~~ notc then rc:r.ain:,~g w-po~d. ~•ntr. ~•.•cr~~.: a:: ..ed. ond a:i nwnrya secured hrreby. ahall become due and pay-
forth,v~th, o~ ~1,er_•oi:er, at ~4•e c„•.o~ u` s,.d ?.tJ3t1GnGEE. ~s fv.~y a•,3 ::.~~~c.~r+~•ii us a:! cf thr w~~ sums of money were wg~nally stipu:ated
i.• pa d on suc~ ~i.:~, .:nvfh;:~.3 e, ti prc :~~swry notr c: sn th~s t...xr;ja.t Tr.•_ .cr.erary ~urX~ths:.~~,d~„g; and thereupon o~ the~eaher at the opt~oai of
s•.! •dJRTGi.GEE, r.r.~.vt ~~'•.r e~ d•: :ar.c3, s~~:t at iaw or in e~~.t/. +ne~r'o~r o~ tt~:reairr~ i;•gvn, may be p.oxcured as if all monrys ucutCd heteby
n :t ~ne!~red pr.pr to :q rutnut~~~ ~
7. Tt ar ;n rhr e.: :r s~~~+ ar t^:. ::•g or ~t any ~~:,:e ~:e: d=;.:~,~ s~:~ upe~ th~s Morigaqe. w ro foreclcse ir, or ro reform i~, or to enfwce
. ~::r o! any c...~:s nc.a.....le*, .,.d :'..~~i?v:.=~_~ si:.'~ to C_~:~+ hav i`g iur.s:; cr:on ~he~co! for the appantme~~ ot a Receiver. such Court shall
• •F : .::r a e! ct . ~_.i ~ . , . ,9 t.i s ~~q.,~~r ~t:e ir.con,e, p~ohts. issves and revenues from wfiatever
- ..~~:i. • ~ ry .v' . . . .rg .rrss v . .i,.~..... '~s . ~ r.:_:r~~:~ad as if s~ec f~c~I;y set lorth and deuribad in the granting a~+d
. .n ~~_s~s ctr:o•. ? s~ch R~:~:.~r sn.,.: ei1 ti+~• i;~. s.i ~,::i r:=at• :e•~~:.•.•s ~s a~:d po.+c+s i~ anyw~se entrusted by a Cour1 1o a Recrive~, and
. a
• , lh,~~ r eii~~ oJ s;:ch Cc~rt es a..~:i ~u:tsd r_::y ~.,ci a. _•szr ~__.~tr nyM to sa:d hSURiGAGEE. and wirhoul referente to the
__c~ ,n~d~qua:, of T~e vaiva ~i r',~~ ,ro;.c:r~ ..crta~gcc or i~ r`..- ',.,,..cncy cf sa~d MORiGAGOR or the defendants. and that such
_ pr~• as. ~rc~:~~e, iswes and re.r~:.,rs r.:a:~ a~;,~:rJ G~ su:~~ Rcc•_~+~• •'~.t.• tr.r ~~en or ey~it~ of sa?d MORTGAGfE a~ the p~actice of wch
. . ;rt.
3. Tc d_•'v, F-.,^N~:y and f~i~y ~:erto•^~, d~sc~3~ge, ex.curr, ei~r:t, w~-.p'r*r, c. v`~fh and ab~de by each and e~er; the stip~iations, agreements,
...._,s ~~.d i.v_•:~~:~rs m s~~c: c:omissc:y ^cte ~ d:i~.s ~,;~rz33ye sat ~~•th.
9. i~:r:! ,.e e.;e:: >he o~~:e*sF.~;- of th~ ,.,,~taagcd p~e-~~:ses. o~~~•: fart tn.:recf. f.eco+nes •.ested in a person other than the MORiGAGOR, the
- vEE. ~*s s:c<sscri ar.d au ;~s. •:~ay, r••'t:~,:~ ~_.r~ca 'c~ ~~~e .•:.i~ ~~~:-Jt. d~a: ..~th such wccessor or successor in imerest with relere~ce to fhis
cf~iv he:ehr ce:~~cc in tie a~~•:, m~r.::.r as v.:•h r!~.,y~r a.~~~~ut in an~ ~vay vit.ating o~ d~xharging the 11.Ortgagori' I:db:lify here-
. or vi ~.'i~~ d~c! h•;rc~y scc.°_._' •':o s~ :t _~~s~r; h~r~b; +...;~rgaged a~ d no fo:bearance o~e the part o~ the MO4iGAGEE or i!s successors
.,s ~~s a:.d rw~cr•s=o~ of 'ne r i:,• rhr ~ 3y;r ~.,f o~ t! e c.•:,: i~•~:~i:•: srcu:cd g::rn by 2he tl~ORiGAGEE or its sucet~surs ar ass~~ns, a::dl) operat!
r _asr. d.scha~ga, r'od~fy c`sr.~e .o~ .:~iect ti.e cn~:ra: i;.....~p ~f i.e Y„L'F(GAGOk iierr;n, eut~er in whofe or in part.
IQ h+s spec i~~~.~~ .~~~~_:i ~':.u .s cf t`:_ esse~-cr of +t,:s con:ract and tt.at no waiver of any obl;gat~on hereundcr or of the ob:igation se-
1 hareby sc~.: et any :r~:e r.,~.ra*:e~ :>r i te bc a..3~+.r of th~ t~r~-,s her•_ot o: af ti~e i:,stru~nent secur~d herby.
, . , . _ fc. :c . ;,t , . .c! . . , c.-! ty ,`~e F•rom.ssory ,o~e s,cu.ed hereb~. mo:tg~^yor eover.ants _
r,c~ ~ ,.e~ r,, , „ j _ . ~,i . . , . ..r. . . r s_° ei.: r ^,o~rg.7ee ro be equal ro ! 12 of tFe annua: _osr ot the foilow-
N -Hi: f. ai i._ r : Ji i C. ~.5..~ cl • 'S• {j~-. J..' c:"i~' :.1~ ..S'.f'c`.
B-F: : s c-~ t.r;, a~.. ~.os•.. ~ 4_ '•s _ n.. • b: c. rF:_ n•,_ eveme~ts s:tvate on th~ abo~e desu:bed premises.
_ - P.~.. s c•~ z.:ch ~ _ -t_~c.,..t~ .•s::rj ~s .^c•*a - ~ , ~ :o ~ deem fit so carry on the loan secur..-d hereby-
, . . , .
'.~o•+a,7.,. s = o! ~ tn:. a . .~d nayab:e he:eur.dar and s:uh su-n sh.~!I 1L-ere~pon be due and
t ~n fh•- ,i_ n.,•- • : _ , . : , _ ! n c s_ ~ , . ~!;er e,~:r~~ mo!tg3gee shail nut;6y moragagor of a c%wnge in such
SucE: :~~~~s s~=~. :e o,i-+•~:ti c, ,..•y.}... ~o~.rd ti,.. t:a,:.•ent GF crc~,e•ir t3ars. insurancc pre~:.vms, a:~d mo+tgagN guaranty insurance
. . ,_..s .
~ I'~ ~'rIi2J:::S :'.riER~OF. .-.e sad r:.C.:4iG%.GGR has here..,b zea n~s h~,;f and se:i tF:e day and ye r~ t afor said.
~ 5[gned, Sea~ed ar.d de'E:ered ~r. tt;e ~ resrnca of: -
Seaf)
- - - e Y • W. fld@ZSOri " (Seai)
~ ~~''1vL~+!_i?,...ra 7 l~'7-~ ($eal)
~ - - Constance A. Anderson c~aq
( O FLOR10.+ ~
u.
- =•.tY OF __~~e_ W~e _ 1
Jeffry W. Anderson a~
Befo•e me penc~al:•/ aP^r^'-red
C~1~tanee A. Andezson his w~ie, to me well known and krrown to me to be
dfv.dua:s descr~t~d ~n a~d who extws~d the fo:egoing instr~~nent, and acknowled3ed before me that they executed the same 4or the purposes
"n ex,.ressed. And the sa~d_ COASLaIICe A. All(~eZSOA _ _
~ os ~he s~rd •J@ffZy W. ~I1f~6ZSOY1 upon s sepa.ate and p?ivate
~ • :ai.:.n by me ta<rr. se;,arcte and apart iro.^: her sa~d huaband, ackry~v.~edged to and hefore me that she exetuted said instrument freely and volun-
. r:d w~ho~t a~,t co:n,-.;~ts.on, co:~srra~r:t, ap~r hens:on, or fear of or fr~.n her s~~d husband.
.:iT':E~S .,~y hznd 3rd .fr..:ai sza! 7h:. O ~ - d~~ - - :JO~]/ , A. D_ 19 74
~ ---i- -
Notary Pub!ic in a~d for the Stat of Fbrida et larye ~ ~ 3 C•
My Commiss:on exNires:
~ Rerum ic: ~6423 =~i ~ ~
~ st Fede•al Szv~cgs b loan Assxd~to- c.•.••
~ ~~.t~PS~~~c_t, F _ ~d: fILED Ati= ~tEWRFIA. . r.',1~1 ,
L~UNSY ~T `
- ST. aG~lE~ :~~;TP.?S T ` ~ • Y: =
~ CI.ER~ ~
~ ~Ot1R - , i; . ~ .
This ~~strument Prepared By John W. Colliris p~~~~~ r~ . `
43 PK . . . , J ; .
First Federal Savings & loan Association ~1~ • ~ `
of Fort Pierce~ Florida ~ . , • _ -
Jul. y
~ ~ ~ ~ .
~hz~ked By - -
~~~K229 PA~f1421 _ ;S
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