HomeMy WebLinkAbout1804 To plau and continuo~~ty kMp on tM build~np~ raw w MnaftK d~wh on a1d land and on di puipm~nt and pawoally wvK~d by ~~s ma~
p~. whh dl prtmiwos tMrwn p+id in fvlb fin Imur~nct in th~ vwal u+rdud po1Ky fam, in s sum approwd by Itw 11AORiGAGEE. and windstam ~
imuru~p k? Ih~ vw~l ~ts~d~~d polky fora~, ~ win ~pprov~d by th~ MORTCsAGEE, in wch tompanY a comP~^~„ a tM MORiGAGEE msy ~ta,,
dir~ct~ u+d ~II tth snd wi~dsa~n in~warxa polkin on ~ny o! s+id buildinps. u?Y iM~+a~ ther~in w p~rt Ihawf, in tM pprp~~~ wm ala~said a ?
:n ~xna thawL aMll com~in tM wwl a~ndud morpapM dsus~ a such otM~ cl~us~ a tM Ma~p~yN ~nay reqva~, mal~inp ~M loa~ urxlN u~d po1F ~
~,es, ~ach and ~vKy. paYabh ~o a+~d MORYGAGEE ~s in intereit may ~ppea~. snd e+ch and ~very s~ch polky sMll b~ p?ompdy ~u.yned and dslivered ~o x.
any Mld by Nid MORIGAGEE ~s furthN Htwlh ro wid mat~p~ d~b1. and. not 1ta than t~n l10) days in advanc~ oi ~M ~xpl~atio~ of ~ach polrcy. to dr Y• s
livs. to aid MORTGAGEE • ne»wal tM~~o/, wpeUw~ wi~h a receipt fa tM p.~rniu~n of such ren~wal~ and ~I?~n ah+l~ b~ no fir~ w wind+~am inswinu '
pl~ad on aiy of s~W Iwildlnp~, any in~K~ thKSin a p+~t tMreof, unlos~ in the iorm and witA tM lou paY~bt~ ~s afaaaidj and in ~M ~vM~ ~ny sun?
of mon~y b~cw+ws p+Yable unda such policy a polKiy ~+d MORTGAGEE sFull law ~ht opt~o.i to nteiw u~d apply tl» wm~ on ~cwu~i of tl?~ i~d~bt~d ~
~ess ..cvred h...b~r or ~o Fam~+ +s~d MORTGnGORS ro rec.tw +nd us~ it w•ny part ~heraof fo~ o~he~ purpose~. w~~hout the.cb~ wai~i~~p a impair• .r3.
~^G +^Y W~+tN. lia+ a ~ght und~r or by vtrtw of this mortp~yet u~d in tM ~wm ~aid MORiGAGORS sMll fw any r~ason f~il to lutp tht said pr~mises w . ti 1
insw~d, or f~i) W d~11vN p?ompfly a~y of ald policia of Ieaw~nc~ b s+id MORTGAGEE, w i~il promptly fo R+y fulh/ ~~y WNniun~ ther~fw p h+ anp ;
resp~ct f~il b pNlw~n, dixhary~. ~x~cvM. ~ff~ct. compl~te. comph? with ~nd sbidr by thi~ tann+n~, a any ps?t herwf, a~fd MORTGAGEE m+y p1~ce ~nd - .
p,Y ta u,ch yro~.ar~y w~ny put tAs~eof without wahrirp w aff~ctkg any optan, li~r~, puiry, or riph~ unde? a by vi~tw of thts Mo.~pp~, and the i
full amo~nt of txh ~nd ~wry s~cl? P~ym~nt ~MII b~ immedi~ttly dw and p~yabl~ and shall beu inttrest from ths daN Iheroot untEl p+id at tM rah ol
n~ne pe~ tentum psr ~enwm and toytther witl~ wch 1ntNesl ahaU b~ secured by th~ li~n of this mortpap~•
1. To pumit, aomnit or svHK no wute. 6r?ptirrtMnt w d~terioratio~ of said pro~erty or ++~Y W~
S. To p~y dl and sirgutu tM coats. dur0~s +nd exPa~x~. i~cludinp + reaw~wbb +nomeY a fe~ and coits of absnact~ of tifle. inwrr~d a p~id st
any tims by uid MORTGAGEE. beuuse or in th~ ~vent of tM f~ilvre on ths psn of tl» sakl MORTGAGOR to d~hl. p~~M~Y fully paiam, d~scharg~.
execvts. effed. canpkt~. oomply r+it6 ~~d abid~ by each ai+d every tFx itipulations, ~greeme~+b. condltions. ~nd cow~nb of said pomissory not~ ~nd thn
mo.?gape ~ny a ~i~he~, and satd cost~. d~ar9es and ~xpe~se~, esch and ~verr, ihsU bt immedi~t~Iy dw snd pay~blst wheti+N a ~wt tAa~ b~ ~o~ke dr ;
mand, attempt to co~kct or wit pand~nyr and tM full arrwunt of e+ch ~nd ev+rY wch P+Yment thall b~ar iMer~st froen tM d+te tinr~ol u~til p~id ~t tM
rate of nin~ per centum per aruium; and all said tosti, charqes and expenses incurred o~ paid, topethar with suth interat. ihall M atured by tM lie~ of thb ~
mortyay~. i
6, ~hst in tl~e tvent of any bresch of this Matp~ a defavU a? tln part oi tha NWRTGAGOR, a(b) tn the ewnt unr of sa~d sums af ~noney
her~in rtfKr~d b b~ twt lxonnp~~Y +nd fully paid witAin thirty (30) dap nexl ~fter 1M tane Nveratly beta+x dw ~nd WY~btt. without dem+nd or ~otks, ~
or tn ths ewm sach and evKr the stipuk~ions, ~esm~nn. cond~tions ~nd coven+nn of sa~d prom;ssory not~ and thi~ matpa~ any w~ithK a~~ tw1
iufy. pranptl~r ~rd fully perfwmed. d~scharged• ezecvted. elfected. completed, compl~ed with and abided by. thN+ in ei~her or ar?y wch ~wnt ~M ~aid ~g {
greg~te ium mentioned in said promissorr ~wte thtn ramai~i~q unpa~d. vrith interesl acuved. ~nd all moneys aetvr~d MrebY. sMtt batorr?t dw ~nd p~Y- i
eb~r fwthwith, W flMfNffN, at ths op~~on of seid MORTGAGEE, u f~lly and completely a~ if sll of the said wms of ~non~y were aginatly stipul~ted ;
~o be paid on wd~ dsy, anythinq in said promissory nole w in this Mortgsge to Ihe con~~~ry notwithstarxiinp: and tFwreupon oF 1hK~afla~ at the optioe? of
said MORTGAGEE, witho~t no~ice or demand. iuit at taw cr in equity, tFxref«e or thereaher lxyw~, meY be proscc~»~d +s if all monsys s~wr~d herab'/ ?
had mat~red prior to its irotiivtion. ~
7. That in fl~e event that at tM beginning of w at ~ny time pending snY suit upon this Mof~pags, or fo fwecleu M. w to roform it, or to tnforo~
pnyment of any daims hsrevnder, said lNORTGAGfE shall apply fo lhe Covr~ Mving jurisdld'an thrreof for the sppointrt~enl d ~ Rscsivtt. such Cau1 sh+~~
forehwirh ap~wint a roceive+ of aaid mortpaged p?openy all and singular, inclvd~~g all a~d singular tlee income. p~ofits, bsua srd nve~ues from whatever !
p w~
source derired. each and every of which, it beirp expressly unde+s~ood, is hereby mortqaged as if speciiiully set forth ~nd dexribed in 1M yr~n~inp a ,
habendum cla~sa.hereof, and such Reuiver shall hav~ ~II ~he Fxoad snd effettive funct~ons and powen in ~nywise en~rusled by s Covn to + Receiver. ~nd ~
s~ch appointmeM ahall be m+de by wch Gwnt +s ~n admined equ~tY a~d a maner of atsolute right to s+id MORTGAGEE, snd wifhout referente to fhs i
adequacy or in~dequacy oi the value of the property mortg+9ed or to the wlvency or insotvency .of said MORTGAGOR a the deteeedann, ~nd that such
ren~s, profib, incane, issues and ~evar+++es ih+ll bs +ppl~ad by wch Receiver accord~ng to ths lien_ ot eqvity of said MORiGAGEE and the practice of such
Cou~t. . ~
8. To dvly, p?amptly and fully p~?fwm, diuharqe, executs, effect, complete, comply with and abids by escfi sr?d every th~ stipulationi, a~ree~nents,
conditans and coven+MS in said proncissory note and this mortyag~ xt forth. -
9. ihat in the event the ownenhip of the matya9ed premises, a aoy paA thercof, bccome~ vssted in s penon othd fh~n the MORTGAGOR, ti~a
h10RTGAGFE, iri succeuws and suigns, m+y, withov~ notice to fhe MORTGAOR, desl with such svccessor or suttessw in inlerest with reference fo this
mo+rgaye and the debl hereby setured in tlx same mu?ner as with Mortgagw without i~ any wsy vitiatirg w discharginp ths Martysgon' liability herr
under or upon the debt hereby secured. No sate of the premises hereby mortgaged and no lo~oearar~u o~? t!w Psn of tM AAORTGAGEE u its wctesson
or a:s~g~u and ~o extensan of the time fa the payment of the deat hereby secured gFven by the MORTGAGEE w in successors or usiyns, s1?+~~ opsr+t~
ro ~elease, d~xlwrge. modify charge or aifed the aiginat liabil~ry of ~tr_ AAORTGAGOR herein, either in who.e or i~+ put.
i0. h is specifically agreed that tune is of the essence of this ca+vact and thst no waiver of any obligstwn hereunder a of the qbliyation sa
cured hereby sh+ll at any time theresfter be held to be a waiver oi the terms heteof or of the inatrument secwed herby.
11. In add~tia~ to the fwego:ng monthlY paYmeNS of princ~pal and interest required by ihe pramissory oote setured hereby, mortysgor co~+ensnts
and ag~ees td pay to mortgagee with each momhly payment a~ add~ironat sum est7ma?ed by mwtgsgee to be eqvai ro 1%12 of the annual cost of the foliow-
ing: ~
A-All real property taxes levied or assessed against the above described real esta?a
B-Premiums on fire and windstorm insurance as he?ein requ;red to be carried on the improvem4nts sitvate on the +bove dnaibed promius.
C-Premiums on such mortgage gwranty insurance as mortgagee shall from Yme ro time deem fit to urry on the ban secured he+ebY.
Nbttgagee shail from time to tim! i+otify mwtgagot in writirg oi the amount due and psyabk heteunder and such wm shalf thereupon be due snd
; :;ayable o~ the due date of the next monthly payment and exh successive moNh thereaiter ur,til mort9agee shall notify mortgago~ of a change in suth
amount. Such sytms shaU be spplied by mortgagee faward the payment of real properry taaes, insurence prom:ums, and mortgaye guaranty insurance
E p•emivms.
~ IN WITNESS WHEREOF, the said MORTGAGOR F?as hereunto set his hand and sea~ the day yeat first afor .
~ Siyned, St~kd ~nd defiw ed in the prtsence of: _
• •n
~ . ~ '
~
f
STATE OF fLORIDA ~ " ~
St. I.ucie
courrTV oF '
Billy G. c'yodf rey, a single adult ~
Befo.e me peno~ally sppeued
-IKlRih, to me well known ~nd known to mt to bs
-
~he individoal described io snd wFw executed the forepanp instrument, ~nd ~ckr?owled9ed befwe me thst he executed ths same far tM purposes .
therein expressed. ftfld'tfi~A
w+(eef-ffiesdd------_-~_______________________~_-__-_~--____-_-__-_~__~__vpa~n-~iepsn/t~netptl~snf-
txan,h+atiorr br tnr raka4+ 7ep3?s1~ aAd'apAFrlram"h!T satd'ItGt~irsd.- Rkh~{Ed~L4!"tS '3~d'b'bfde'~e'truT ihe execulea'si?d Tn~'#nrmeot TreeTy ani wok+w~
+~*~h-•,,~••;++,~~r ~*w~~o++.-~o~mm,r, s~xf- artea ot er-~.-twermd f,ostran~
WIiNESS my h+nd and officisl se+l thi day of A D. 19 74
.
~ Notsry Public in a~d fw the St+te flor' t ta?y~
; My Canmiuan ~xpires:
Retwn Ta ~ ~ Q~ ~
first Fed~ral Savinys 3 losn Associatron ~C. 7 V
Of fort Prercm -
Fort Pierce. ~lorida ~ .,•.~•~:•:~i„~I:._=i
Fa.En ~w/. ~~~~~c~~toEO , , ,t,.~~-s• =
~T LW:1~ ~.w~~ ) FU. , :i P 'S '~Y~~.
~~i~~ 4~~u . • ~
y •r
~.~R~i ~„1*'~~t ~ ~ t:• ~ ~~y~~~~
ra r F. El la?ood R~tARB yERlf~p ~ ~ ~ 4
This Instrument Prepared By Y
vings 3 Loan Association ~ , -r'~~•,~~~'-~
First Federal Sa u ~ ~ , -
of Fort Pierce , t'lorida 33450 ~'1 3~ PTI -'-•-r~`~- _
f~ `•~€~,~iti t. f l`'~,:~~~:!
c~ .
Checked By`~ ~S1~iV r ' b :
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~''~r~ ~aRlt:~"~s '.`j ` 1 0
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