HomeMy WebLinkAbout0856 To plac~ and con~iew~o~sly kNp on th~ buildi~+ps now a Mr~~h~r ww~t~ on sak! land ~nd on all putprtwnt and p~narlN oownd by Nss maq~
p~, wi~h all p~antwns tMreai pa~d in full, fin inwr~na in ~M u~wl ~ta~dard pol~cy fam, in a wm approv~d by tM MORtW1<iEE. ~nd wkd~~am
4wM~nn fn tM vsual at~~d~rd pol~cy fain. in •~vm ~pprov~d by tM MORTGAGEE. In such canW^Y v? oompMiM as tM MORiG/?GfE n++y
dinc4 ~nd all fin and winda~wm imwu+a polici~s on +rw d safd b~ild'aq~, ~ny tnN~at tlw.~in w parl tMnof, M+ Nw pprp~q wm ~for~wW a
fn ~saa 11~~of. ~hall cont~M th~ ~nu+l at~ndKd mortga~ c!~ w wcA o~h~r dauw a tM Mortp~ps~ m+Y nqvw~, ewkiip IM ba w~ uid polE
ciq. ead~ ~nd tv~ry. WY~blt a s~id MORTGAGfE •s in ina?at map ~ppeN, and NcA ~nd ~wry wd~ po~iq? ~h+ll b~ pranpNY aa:qn~d and dNfwnd W
~ny MW by ~id MORTGAGEE u iwtMr stcu~ity ~o said mortpay~ d~bt. ~nd, no~ ku th~n qn (10) d~ys in advu~c~ of ~h~ ~xpk~tan of ~ach policy, ro tN- F~
Uwr ro ~aid MORTGAGEE • r~wal thawf, toye~ha witA a receipt ta tM pr~mium of wd~ r~walj a~d tha~ sMil b~ oo fu~ w wir~fam (n~w~na
pl~pd on a~y oi said puildinp~, any interest tMrein ar put tMreof, onl~a in tM fam and w{~h tM loa p+Y+bl~ +s afu~idj w~d in tiM ~wM a~ win
d mon~y b~canM pay~bl~ w~ wd~ polk~r a policiti s~id MORTGAGEE ihall Mw tM optan to r~niv~ ~nd ~ppy tM s+~n~ on aow~nt ol tM fnd~bt~d
Mp sKw~d h~r~py w 1o pnnwt Nid MORTGAGORS 1o noeiw and uN i1 w ~oy pKf tMreof fa o~her pwpoaw wi~hout thN~b~ w+ivinp a imp~ia
Inp ~ny pviryr. IiM ot ripht vodq ot by virtw oi this mortp~yr, and in 1M ~v~nt wid MORT('sAGORS ~hall fw ~ny r~awe iail fo kMp th~ s~id pr«niqs w .
imw~d, a fall w deliva pomptiy ~ny of said polK~es of inswu~e~ ro s.d MORTGAGEE. a f•il promp~y to pay fuly ~e~r pnmiwe ~h.r•for a fn sny
hspaf fail M pKfarti. dachuy~. txecut~, ~ffM. comP~.t•. camPly wirh ind ~bid~ by rhi~ cownan~, a~ny put I~wf. s~W MORTGAGEE mar plac~ and .
p~y fw wd~ Iroura~ or ~+y pa~t tlwwf withow wahrinp or ~ff~ctinp any option, li~n, pviry, or r'pht v~ a by. vutw o~ thb Mwtp+p~. and 1M
full ~enount of raeh u+d ~wry sueh paym~nt shall b~ immsdiatdy dw and p~y~bb ~nd ihall b~a~ intaal fran th~ dat~ ther~of uotil paW a~ tM r~t~ ol :t~
nirM pu q~tw~ pa annum ~nd toyether witl~ wth int~rest shall bt securod by fM IiM o1 this mort~ap~.
1. To p~rmit, cammit or wff~r no wut~. imp.irnKn~ er derKkx~~an of sa~d Prop.hy o..ny p.n rMrwf.
S. To p~y all ~nd ~inpul~r tM costs, ch~rpe~ ~nd ~xpaass, inclvdinp a?wwnabN ~ttorn~y's fN and oosfs of ~b~x~e» of titl~. intwnd a p~id ~t "
u~y tim~ by s~W MORT(;AGfE, bKavse w In 1M ~wnt of tM faihKS on the part of Ih~ s~W MORTGAGOR to duly. promptlr ~nd fully p~rlonA, diKhatq~ -
~x~evt~. ~ffsq, oanpl~t~, comply with and abide by ~ach and ~very tM stipvlatioes, aqre~m~nt~ caditiaw ~ad ooweanh of ~aid pramiswry rwt~ ~nd th4
^+atp+p~ +nY or either. and a~d coan. chu~ and ~xp~nses, each uid .way. fINI) bf inuMdiiflly fJVf MMI piy~blli wMtha a no~ tMr~ b~ nwic~ dr
m~rd, ~tt~mpt to colbct or wit p~nd'~npt +nd tM fvtl ~n+o~nt of each and ewry wch paymsnt ahall bear interest from tM daM tMrwf w~til piid d tM
ran of nlne p~r unlum pe~ annum; and ~II aald costs„ tF~xp~a and expMSes inewr~d a p~id, 1op~tMr with wth inNr~st. sMU b~ s~a+~~d by tM Wn of thi~
mo.Wp~.
6. That in tM w~r?1 of any bre+ch of lhis Mwtya9e w defaul~ on t!r part of the MORTGAGOR. w(b) in th~ w~nt of s~td wna of nwn~y
herein nfer~~d ro b~ not prompt~y and fully p~id wi~hin thirty (30) days ~?ext ~fte? tM sam~ stve?ally becom~ du~ ~ed payaW~, witho~t daMnd a notke.
w W in tlw w~+N e~eh uid ~very tFw atp~latia+s. a~namH+ts, conditions ~r~d eowr+~nb oi iaid promiuory not~ ~nd this eea~tpap~ M+y a~ifM~ an ewt
iuh. P~~P~y ~d fully pafwm~d. d'aclwrped. ~xscvred, ~ffsc~~d, ca~y,kad. comPHsd wirh and abkkd by. then b~i~lw w any wd~ ~wnt Hw ~id aa
prep+t~ aum m~ntioned te sald promiaso~y noM then rKnaining unpaid. with interest acuued. and all maKys s~cur~d F?K~br. slwlt b~cane dw and pay~
abl~ iorthwith, a thersahe~, ~t tM opt~on of said MORTGAGEE, ~s fvlly snd campletety u H atl of th~ sald wi~ of moMy vwr~ aipinally uipulaled
ro be paid on wd~ day, anything i~ ss~d p~omisswy note w i~ this AAwtyaye to the comrsry notwitlutandinpt +~d tMt~upon a tlwr~aft~r tl tlw op?ion of
uid MORTGAGEE. witAow notice or dema~d, wit a~ law or in p~rity, therefoh or thsreaher beyun, may be prosawt~d M it ~11 nwe~rs s~tund Iwnby
Md mafWtd prw~ lo ib iMtitution. '
7. ~t In t!w ~vent that ~t tM beyinniny of w at srnr tie+t peodi~+y ~ny wit upon this Mwt9~e, a to fontloa k, or b reforn~ M, a to ~nio~ct
paymarN of a+y d~uns haew+d~r. s~ld MORTGAGEE shalt apply to th~ Coun havinp jwiidtnion ~hereof fa t!r appoietemnt of s R~ceiw`, axh Cowt tMll ~
Fathwith sppoint a receivar of said mwtyaged property all aod sinpvlu, includ~np aIl and sinqvl~r Ihe inwme, profits. tssvsa ~nd nwnwa fran whattv~t
sourc~ d~rived. each and every of wh~ch, it beinp expressly urders~ood, is hereby mw~g~ged u if spediiully aet fo.th and .dauib~d in the prsntinp and
habM+dwn daw~s hereof, and such ReceivK shall Mve all the bro+d and effective fu~ctiona a~d powas in snywit~ ~ntrusted by ~ Covrt to ~ Rectivsr, and
tuch ~ppointmero ~hs11 be mad~ by wch Cowt ~s ~n admitted eQvity and a m~tter of ~bsol~re right ro said MORTGAGEE, ard tiwithout r~ftrena a th~
•deqwcy or in~dequ~cY of the v~{w of the properry mwt9a~ed or to the wivency or ~nwtvency of said MORTGAGOR o~ t!» d~fe~dants, ~nd that wd+
rents, profits incan~, issues and rownws shall b~ applied by wch Receiver accwdlnp to ti?~ lien or pvity of said JNORTGAGEE u~d the p~auia of wch
Court.
8. To duly, promp~ly and fvlly p~rfwm, discharge, execute, effect, carplete, comply with ~nd abid~ by tad~ and ~wry tlw stipulatioos, apreert~ents,
cond'nions and co~renants ~n said promissory oote arw! fhis mort9sge set fath.
9. That in the event the owncrshlp of tM mortgaged prem~ses, or any part thereof, becwnes wsted ln a pKton otF~ tMn the MORTGAGOR, th~
MORTGAGEE, i» successors and su~gns, may, wi~hout norice to the NIORTGAOR, deal yrith such wccessor ar waessor in intpest with r~fK~not to tMa
mat~ape and tM debt hereby :ecund in the ssme manner as witA Mortgagw withovt in any way vitiatGg w discharpinp tF» Mort9pon' ti~bility herr
under or ~rp«~ the debt hereby secwed. No s+l~. of ehe pr~mises Mereby mwtgay~d and no farb~awr~ on ~he part of th~ MORTGAGEE or its woussors
a suigro and no extens~on of the ~ime fo. the payment of the debt hereby secu~ed q'~ven by tM MURTCs~?GEE or its succtswn or usgns shdl op~raq
ro releas~, d[scl~~ryy mo~fy eharge a~ffect tAe wiginal ilability of the MORTGAGOR h~eLn, ~Rha iri wlwl~ w k~ part.
10. It is spec+ficafly agreed tMt Y~ms h oi the essa+ce of this contrsct and that no w~iver ~of aM?~ oblqation Mreundeir p of fh~ oblipation ~
cured h~reby shall ~r any rim. Nbreafier b. heid to be ~ waiva of rhs ~em henof a of ~h. ins~m s.cured herby.
11. In add~rion to the iorsQo:og monthly psyments of princ'p~l and,intetest reqvired by t!k promiuory oote secured hereby, mortyapor oown~nts
and ~grees to pay to mortgagee with each monthly payment an sdd~~ional aum estimated by mort~~pee b be eq~al to 1~12 of tha amual cwt of the follow-
irg: .
A-All real propeny tsxes kvied or assessed against the above described real estate.
B-Premiums o+~ fim a~+d windstwm inwrance u herein reqv~red to be carried on the improvements sitwte on the above desaibed premisp.
C-Premiums on suth ~rwrtgage gvaranry insurance as mortgagee shsll from time to time deem fit ro urry on the loan secured hereby. .
JNlwtgagee ~all from time to time notify mortgsgor in writ~rg of tl~e amouM due aqd p~y~bb Mreunda~ and such kxn shall therwpon b~ du~ ~nd
~ payable On tF~e due date of the next monthly payment and each successlve month tl+creafter until mortysgee shall notify mortgapw of • charg~ in wch
amount. Such suma shall be applied by mortgagee toward 1F+e payment of real propeAy tsxd, insursnoe prem:ums, and morfya~ ~wruNy inwrano~
I premiurns, •
~ IN WITNESS WHEREOF, the said MORTGAGOR has hereunto sM hit hsnd and seal the day and first sfw
; Sgnst~, Ssaled and delivered in the pretence of: . .
~ _ ~ ~@ l~~t k~~St~b~ ~
i~E ~ s P Y i en a sin 1 dnlt
' ~yE~ P~?~ ~'J'1 a„~
aE~R st~ven M.
~ ,~~~,~RC ~E~:f~~a Scbneidor, a sing,~~adu~
STATE OF FLORIDA ~ ~ 3S ~y ~75
courm oF St. Lucie ~ ti~a~..~~ - ~
s~fore me p«sonally app~arcd Ross P. Csittenden, a single adult
Steve~n M. Schneider., a sinqle adult ,M.u ~w~?„ .,,d k„~„, „ a,. „ b.
the ind'ividwls described in uid who ~aecuted the fore~oinp instrum~nt, r~d acknowled~ed befor~ nw tMt M~ey ~xeart~d th~ s~ for tht purpos~s
tlxrein s:pressed. J?wJ.tir..:.l ~
J~'i1Y'1l/1'lw1~ i ~~a1~ an~~Mt~
~ar~i~rtioo.by ~atlakrLrp~:~~ aprv ~w~ i~r.rii i~ias~ ~~i ro.ani i~f~ wN Mw~.~ ~Mi+ri~i~kwwM~iw~iy vw~i?
Mrilr.~r~itbw~.~n~r~r~biv~~owM~i~fr~wfwww~o~o~Mr~(~w~f~wl~w~aiibwb~wd. ~ , - 75
MIITNESS my h~nd ~nd ofP~cial ~eal tFin- day of l1. 0. 19
I.~ • .
. Notuy Public in ~nd for the of florida at Lup~
Ret~m Ta. • My Comm~sion ~xpires: . r~~ S~, T~
W Fint F~rsl Savings 6 losn /?ssociation
~ Of Fort Pierce. i ' '
~ fwt Pierce. florida `si~ir~i~~l~ ~ .
~ _ ' Y~ ~ ~I;,~~'.
. . •l~ r•'~~~
This Instrument Prepa~ed By Donald B. Nughea ; ~ ~ ~ " Y . ~
First Federal Savings 8 loan Association , _
• of Fort Pierce , Flor ida 33450 = " ~ ~ ~ ` - • ; ' ~ :
r,p . "i ;
' ~ Y
~ i } ti ^ ; ~ : . .
Checked By I~~ ~ .,•in~~_
~ O R '~`li~=' ~ - I'••y'~ .r:~:=` . S
aoox 243 ~~f 85? . , r - - -
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