HomeMy WebLinkAbout2593 To plaa and contimiwrsly kHp on tM build~nps rww w Mr.ah.. si~u.a a+ ~a~d I.nd .nd on .11 .~,tpn.~u •nd pa~a..tly cov...d by ihts awrq~ ~~,r
sp~, with all p~mfums thaeon p~id in iull, fin iosur~nq in ~M u~wl ~ur+d~rd policy fora~, in ~ swn •pprowd br th~ MORTGAGEE. and wir~+an+
kuwaKt In fM viwl uandard pol~cy foren, in ~ sum ~ppror~d by th~ MORT(~1GEE. in wch company a aaepaniN as th~ MORTGAGEE ~++r
dk~u~ ane) dt fk~ u+d windstorm lmwanu polKies on ~ny of NiII bYiWNl~1. My MN?ht tFNf~11f Of ~ff fFNfWI, in 1h~ ~pprp~t~ ~wn afa~id a r~
In ~xo~a tF+Kwf, shall aonuin tM ~susl uandud ma~p+gM clau~~ a tuch o~iwr tlwN a 1M MorqpN may ~puini, nnakinp th~ lou w~d~~ u~d PdE '
ciy„ ~ach u~d ewry. p~Yabli ro ~~id AhORTGAGEE u in ints~at maY ~ppw. and ~ad~ and rve~y wth policy ahall b~ pron+ptly aa:9n~d ~rd d~liv~nd ~o
u~y Mld by uid MORTGAGEE ~s fwtM? secv~ity to s~id mor~y~ debt. and, na bu tMn ta~ (10) d~y~ In ~dv~nn o~ th~ ~xpka~ia+ of ~ach polky, ro de~ -
IivN b said MORTGAGEE • re~ewal tlwrwf, top~~her with ~ r~ipt for tM pnmium ot such nn~w~lj ~nd tF~ th+ll b~ no fir~ a wind~tam Inwrurc~
pl~ad oe any of aid b~itdirgs, any imer~st th~r~in a pa?t tlw~eof, unl~ss in tM form ~nd with tM loa pay+bN a~fw~sald~ and ie tl~ ~wnt any wm ~,/R
of morwy baca?ws payable widu wch policy a polici~s ~aid MORTGAGEE shall Mw tM opt~on ro nceiw ~nd ~pply tM s+m~ on account of tM Indebt~
Mss w~w~d hN~? a b pKmit wid JNORTGAGORS ~o ~easiv~ ~nd us~ it t~ ~~y pa.t the~eof fw aher pwpw~a, witFaut tAKeby waivGq a imp+i.• ~ f
inp ~nY puity. lia? or riqh~ unda w by virtu~ of thts mortyp~t snd io tM ~wnt s~id MORTGAGORS sMil iar any r~ason f~tl ro kNp th~ aid prer~isa w ~
insw~d, a fall to d~livN prpnptly ~ny of said polKi~s oi iru~~ann lo said MORTGAGEE, a f•il p.ompNy ro paY fvtl~ a~ry? pr~miwn tMrtfor a in sny
n~p~ct fall to pKlwm, dixMr~, execut~, eff~ct, completa, comply wi~h a++d ~bid~ by this aov~nant, a a+y part ha~of, saW MORtGAGEE m+y plaa aod
WY fw wch ln~u~anc~ o~ ~ny p~rt ~hereof wi~hout w~hrinp a~ffectinp anY oP+ion. Ikn. WuitY. w ripM ~nd~~ a by vi~tw of Ihh Matpap~. ~nd the
fvll anw~?nt of each ~nd ewry wch payma+t ihall be imn+ed~ately dw and piyable and shall b~ar tot~~est iran tM dat~ tMrwf uotil paW ~t tM ~aN ol
nin~ per ce~hrm pN snnum and to9etha~ with wch interest shall M secured by fM li~n of this mortp~p~. -
1. To pKmit, commit or suffK ~o wut~, impa'umer?t w dNaaration of ~aid p~opKty w~r?y put /Mr~of.
5. To pa~ alt ~nd sinp~rlar tM co~ts, cMrges and ~xpM?set, indudinp ~ r~asonabM at~ornsy'~ .fN u~d aosts of ~bsnacy of tHl~, kKwr~d w p~M N
sny time by s~id MORTGAGfE. b~cwse w in tM ~vent of tM failvro on th~ p~.t of tM s~id MORTGAGOR to duly. promptly md fullp qrform, d~scFwr~
execute, ~ffset, canpkte, comply w~th and ~b:de by ~ach and wery t!a stipulat~ons, p~eements, condilioro, ~nd oownants of ~sid praniswry nW~ and tIw
mo~pp~ amr o? eitha, and sa~d cosrs, chargp aed expensss, each ~nd ~wry, shall b~ imm~diat~ly dw and ~ayaW~~ whethN a not ther~ b~ nmic,e d?
mand, ~tttmpt to colkct w ~uit pend~nqt and tM full amount of ~ach ~nd wery wck paym~nt sMll bw iMer~st fran tM da~~ ttw?wf until p~id ~t tht
~at~ of nin~ pe~ ctntum pa a~wwm; and all iaid oosts, chu9~s and expeoses incvrr~d or paid, top~tha with suth Intvpt, s1?~11 b~ Mcw~d Sy tM li~n of thi~
matp+~. .
6. Th~t (a) (n the went of any breach of this Mwtgage w detault on th~ pa~t of t!» MORTGAGOR, or (b) io tM ~veM ~ny oi wid wms of monty
herein rsferred to b~ not promptly and fully paid within Ihirty (30) ~ayt next after th~ sun~ severally becort~ dw and psyablt, without d~m~~d o~ notice.
w(c) in tF» ~wnt ~ach and ~very'tM itiputa~iom, agresments. condi~ions and cow~uots of sa~d promis~ay not~ ~nd this matpap~ any a~itlw~ ~n nal
iuly, promptly and fu11Y p~rfo.msd, d+scharged. executed, effected, campt~ted, complied with u?d abided ~iy, tlwn tn ~ithK w arry such ~wnt tiN ~aid ap~
p~egate wm me~taned in said promissory note thtn ~emaininy unpaid, with interest atuued, and sll moneys aea?red M?tby. shall b~core~ dw and paY
abt~ fwthwith, p thsrNfter, at ths option of said MORTGAGEE, as fvlly and complNely u if ~II of the said wms of mon~y wero aipinatly ttipulstad
ro be paid on ~uch daY. ~nytFdnp in sa~d promiuory ~+ote w in tha Mortyege to the contrary notwithsbndinp: ard therwpon w tlweaher at tM op~ion of
t+id MORTGAGEE, without notic~ or demand, suit at !aw w in equity, the.efor~ or ther~aha bepun, mar be pros~cuted as ff all ma+~ys s~cund haeby
hsd teNtw~d prior to in inilitution. .
7. That in tlu event tl+~t at the beginning of or N ~ny tim~ pending ~ny wif upon this Mwtyage, o~ to for~clow k, ot fo nfwm h, or to eafort~
peymN+t of a~r daims hereunde~, said 1NORTGAGEE sluH epply to the Covrt having jurisdKt~on thereof fo~ 1M appointm~nt of a R~cefva. wd+ Court shall
forthwith appo~nt ~ race~ver of aaid mortgaped p?oRerty all and singular, includ~rg sll s~d singular Ihs incon», p~ofib, Issws and rweeuea lrom wMtwer
sowu de?iwd, each ~nd every oi whkh, it being expreuly underi~ood, is hereby mortg~ged ~s if specifically s~t fath and tleavibed in th~ ~a~tuq and
habendum claus~s hereof, u~d such Receiver shsll h~ve all the broad and effective tunct~o.n and powen in a+~ywist eMrusted bp ~ Cowt to a Receiwr. ~nd
•uch appointmeM shall be made by such Cour1 as an admitted eqvity and a rTMtter of absolute riph~ to pid MORTGAGEE, ad withovl nferenu to tM
adequacy or in~deqwcy oi IM valw oi the property mortpaged or to rhe solve~ty or insolvency of said MORTGAGOR or the d~fendant~, ~nd IMt svcA
rents, profits, incane, issves and revenves shall be ~pplied by such Receive~ accordinp to tM lien w pviry of said MORTGAGEE md the practia of such
Covrt. .
8. To dvly. promptly and fvlly pe~fam, dscharge. ex~cvts, effed. complete, oomply with arwl.abide by e~ch and wery ths stipulatiaa,. ~rsemeets,
conditioro and covenants in sa~d promissory note and thi~ mortga9s set forth.
9. That in the event the ownenhip of the mwtga~ed premises, a any psrt thereof, becomas vested in • ptrson otfie? fh~n t!w MORTGAGOR, tF~
MORTGAGEE, in successon and auigm, may, withovt notice ro the MORIGAOR, deal with iucb wccessor w wuessw in intNeit with nfK~nce to this
mortgage and the debt hereby a~cwed in the tarta manr~v ss wilh Mwtyapor without in u?y way vitiatinp w d'ncharyin~ the Morty~on' li~biliry l+~rs
unds+ w upon rhe debt hereby secured. No sa:e of the prem~xs hereby rnortysged snd no forbeara~ce on the put of th~ MORTGAGEE Q. its suocesson
or sasigra and no extension of the time fa the payment of the debt fiereby secured Qfven by the MORTCsAGEE a its sucnssors w sugnb ~ha~l opaat~
ro rekase, disclNrge, modify clunge or affect the wg~nal liab~lity of the N10RTGAGOR herein, either in wlale or in part.
10. It ia specificslly agreed thst time is o~ the esunce of thii contrad and tF?at no w~ive~ of any obligation hereunJer a of tM obliyation sr
cured hereby sha~t at any time thereafte~ be held to be a waiver of the terms hereot or of the irotrument secured herby.
, I1. In addition to the (wego:r?g monthly payments of p~inCpat and interest required by the promissory nore secuted hercby, matgsgor covenants
ar.d agrees to pay ro mortgsgee with each monthly payrnent an add~~ional :um est~ma~ed by mortgsgee to be eqval to 1/12 of the an~wl cost of ths fdlaw-
~n9:
A'-A1) roal prope?ty taxes kvied or assessed against the sbore described real estale. '
B-Premiums on fire and windstorm insurance as herein requ;red to be carried on the improvemenfs situate on the above desuibed premises.
G-P~dniums on such mortgage guaranry iawrarKe as mwtgayee shall from time to time deem fit to urry on the ban secwed hereby. ~
Mortgagee shall from time ro t~me noliFy mwtgagor in writ~~g of the amovnt due and payebk hereunder ~nd such wm ahall thereupon be due and i
payable on the due date of ?he next monthly payment and each successive month thereafter vr.til mort9sgee shsll notify mwtsagw of a change in such ~
I' amount. S~ch sums shall be applied by mwtgagee toward the payment of real propcrty taxes, i~svrante prem:ums, and mortgsye gwranty inswance j
~ ~.«,,.,u,a. . t
~ IN WITNESS WHFREOF, tlx said MORTGAGOR has hereunto ut his hand and ~e~l the day year fint afa .
~ Siyned, Sealsd end delivered i~ the presence of:
n
~ Andrew Quint Morris A K A A. Q. Morr' Sr.
. ~
~ ~ Peggie B. Mo s A/K/A Pe99 e A. hi~rrisae.~ ~
" ~
STATE Of FLORIDA S
St. Lucie ~ _
couNnroF
>
8efore ms personafty appesred Andrew Quinton Morris A/K/A A. Q. Morris~ Sr. ,~,d ~
Peggie B. MoYr is A/k/A Peggie A. Morr is h;, ,~,;f~, ta m. Weti k„o,~,n „+a k~own ~o m, ro b.
tFx individwls described in ~nd who executed the foreQoirg imtrument, snd acknow{ed~ed b~fon m~ that tl~y txeurted tht sam~ fa th~ purpos~s
rn~.~~ .,~~d. n~d er~ Peagie B. Morri.s A/K/A PeyQie A Morria
~,~re of r~,. ..~d Andrew Quinton Morr is A/K/A A Q Morri~~ ~r .,.~,,,t~ ,~,d P,~,.,.
e,~sminsYan by me tsken scparat~ and apart from F~er said h~sband, adcnowledged to and before me tMt sl+e exetuted s~id instrvmsnt fr~y and volun~
tarily and withovf ~ny compulsion, co~straint, appreF~ension, w fear of or from her said Iwsband,
WITNE55 my hand and offitial seal this ~ dar of Au9uSt , A. D. 19 75
~LSi
~
Not~ry Pub:k in ad fw th~ Sf~t~ ida af tar~
~ ~1~~2 My Comrnission expires: '
~ Return Te: • • 7 ~
~ First Fede~al Savi~gs i loan Association yt~ R~r,ORpED ~
Of Fwf P~erce. a~~`VC~~a~~UNp~'«• `
Fort Pierce, Flwida RQGG. ~i'
CI~RI. Gi'~UtT COURT ~ `'`t`s~eit}i~~s~i~ii~~,,-
R~r,^R~ YC=?~'E4.....+'~ , ' :
, ~ .
t a ,..:.;..,~~~ry, -
~ 19 1130 ~M 15 ~ ~
: ; • : .
This Instrument Prepared By Rpbert A. Swisher J ~ t'~~~~p~s
First Federal Savings b loan Association Q,~ 1~+n~0, ;~;~x
of Fort Pierce , Floz ida 33450 2~ t~; ~ s,
~Qi~041 • r
}s
3 - ~ ~y ~ L<F~~ F.w ~
~ Checked By ~ ~ ~ 1~~1,~~ ~ s :
o ~ 24~ . : -
ao~x :
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