HomeMy WebLinkAbout1301 To pl~a and coro&wously k~sp o~ th~ bu~ldinps f10W 01 M~N~tff ~ih1~t~ pl Nid INId ~Ild Of1 aII ~QYiprMllt ~fld Plf/OfNIIy O~VM~iI ~ IIII{ 1110ff¢ ~
ap~. wtth dt pr~miwm ~Mnon p+td in (utl. ~i~~ iruv~~~u in ~h~ vswl ~u~rd policy foren, in • awn ~pprov~d by ~M MORTGAGEE. ~nd windstwm
Imw~nc~ In tM uwal sandard pol~cy fam, in ~ wm ~pprov~d by tFN MORTGI?GEE, In wcl~ comp~ny or compania a tM MORTGAOEE may
dincy ~nd all fih N+d w~btorm i~aw~noe polic~a on ~nY of Nid buildiopl. M1y iilfHiN tMfN11 Of pNt fFN~~O}, in th~ ~pp~t9+q wm ataaaW w. ' ,
M~xast ~Mnof. ~MII cont~in tF» uswl sundard mort9a~ clww a wch wha clww as tM MatqapM m+y ~pvin~, n++kinp Ih~ lat w~da s+id PdE t
cia, tacA ai+d wKy. parabl~ a said MORTGAGEE a~ iq intKaf may app~ar. ~nd ~xA M+d wKy wch po1kY ~hall b~ PromWh ~ss:9^+d a+d d~tivK~d ro~. {
~ny htld by faid NWRiGAGEE as (~~tha f~wrify to s~id mortysy~ d~W. and. not ku thu? Nn 110I daYS L+ +dv+ea of tM ~xpk~tion of ~ch policy. fo d~ ~
Ilv~? ro wid MORTGAGEE ~ r~w~l thsnof, IopaMr wlth • nc~ipt ia iM praniwn oi wcn ~~wii; tM~~ ~h+ll b~ no fin w wlndstorm i~w.anc~
pl~qd on ~ny of said buil~npt, ~ny h~tertit thK~in a put tMrwf, unba In tM fam and with ~h~ Iws payabl~ a~twaaWi ~nd M ~M ~vMt ~ny sum f
pf mw~~y pecp~ys pay~bl~ und~~ such polky pr pol;cia aid MORTGAGEE ~hall Mw 1M option ro ret~iw and ~pply tM saem on aowuM of ~h~ tnd~b~ed~ i
ew~s acvr~d Fw~bp a a pKmit aid MORTCsArsORS ro rwiw and uw it a~ny par~ th~r~of fa othe~ pwposw without the~eb~ w~iviry a impata '^p ~
t~p ~ny .qu~ty, It.n o. rsgh~ w~d.. o. by vtnw d thh mort9.q~r .~d 1n ~M •w~+~ •+d ~WttGAGORS sh+ll fa •m ~.a•on fail ro k..P rM sab w.n~is~s ~o .
inwnd. a idl b deliwr pranptly ~ny of s+id policNs o/ tnuwu~u ro saW 1NORiGAGEE. a f•il P~~P~~Y ro wY ~~h? MY P~•mivm rh...fa w In any ~ ;
?~spat fail b pufor~ d~chuys. sxecut~, ~ff~ct. compl~t~. comply with ~+~d ~Wd~ b~r thb cownant, a any paA hNwf. uid MORTGAGEE m~y plaa and
paY tw sucb Inwrann w~ny part tl+N~of withow w~hrinp a~ff~ctlnp uiY option, Ikn, pvity. a ripht undK w by virew of ?ht~ Mort9ap~. ~+d tM ~
full amouot of Hch and ~wry wch paymsnt sMll b~ iermdi~bly dw and p~y~bb and sMll b~ intK~st fran tM dat~ thKeof w~til paid ~t th~ wtt ol
nin~ p~r pntum p~r uxwm ~nd toy~thK wNh wch interest thall bs secursd by tM Wn oI thb mortpap~. .
4. To pKmit, commit a suHK no wut~, imp+'um~nt o~ d~teriw~tion of said propaty a a~ryr pirt tha~of. ~
i
S. To pay all and sinpulw th~ cwt~, ch~?~es ~nd ~xpNw~, includinp a re~~on~bb attorn~y's f~e ~nd aosh of abstr~ of Ntb, M+cwnd w p+id N~
~ny time by s~id AAORTGAGEE, b~tauq w in tM ~w~?t of tM failun oe tM paA of ti» said MORTGAGOR w duly. pranptly ~ed fvtly pufw~, ducl+Kp~
.x~cuta. ~ff~d, oomple~~, comply w~~h and ~bid~ by ~ad~ ud w~ry tM stipvl~~io~a, p~e~nta, conditiona, ~od wv~nw+M of wid pomiswry not~ u+d thN
^+o?~WO~ +~Y a ~it1+N. uid s+id cosr+. charp~a ~nd ~xp~ns~s, each and ~wry. ahaN b~ imnrdiatey dw and payabl~j wMtl»r a eat tM~~ b~ ootit~ dr
m~nd, stt~mpt to aolNct a wit p~nd~np: +nd tM full amount of each ~+d wery wch p~ymam sMll b~u inta:~i ic~t i!Ls ~~le ~Mrwf w~til pafd ~1 tM
rate of rwk pK untum p~r pw~um: end alI s~id cwtb chuyes ~nd exp~nu~ inpxr~d a p~id, top~thu with such GNwNt, ah+l) b~ NCw~d by tM li~n of thia
morlp~• ~
b. Tf»t in th~ ~we+t of sny breaeh of this MortQa9~ w d~isult on tM part of th~ NIORTCaAGOR, a(b) in tM ~wM a~y d s+id wms of mon~y
her~in r~fNnd ~o b~ not pranptly u~d fully paid wi~hin thiny (30) dap next afte? tM wM s~vaallp becoen~ dw and p~y~ble, withow dem~nd a nwiu.
w(~ In tM ~wnt Mch ud eve.y ~hs atipula~iora„ aprNmMts. conditions ~nd cwre~ets of s~id promiswry not~ a~d thia moHq+p~ ~ny a~itha ai~ no1
ivN, womMy +~d t~ih p..to.m.d. d~.d,u~ed. ~xetut~d. ~ffect~d, completeil. canP~ied with ~rd ab~d~d by. tMn in ~itMr w am wd~ ~wnt th~ aaid ap~
Qrayat~ svm m~ntaned in s+id promissory note then r~maininp ~npaid, with interat xuued, and ~II moneys aKVr~d ha~by, ahall b~ooe» dw and p~Y
abl~ fo~thwith, w ther~afta, at tl» option of said MORTGAGEE. a fuly and compl~f~ly a ff atl of the said sixns of monsy vwn pipinally stipulated
fo b~ p~id an wch d~Y. anythin~ in said promissory not~ a in thb Morty~ye to tM contr~ry notwitMtandinpj ~~d thKwpo~ o~ tha~~ha Mw opfion of
~aid MORTG/1GEE, without notic~ w dem+rd, wit N law or in puity, theraion a ther~sher l~pvn, may b~ pros~wted a if ~II rnoMy~ Ncund Mreby
had marw.d pr'ar ro~n instin,rion. , -
7. ThN in tM ~wnt tM~ ~t tI» b~yinniny of w ~t any tim~ p~ndirg ~~y wit ~ipon this Mort9~, w to for~dwt N. or to ?~fam N, a to Mfwa
payentM d ~ny daims Mrwnder, wid MORTGAGEE sMll apply to tM Cowt Mvirg jurisd~nan ther~of fw tM ~ppointm~M oi ~ R~eaiwr. web Cowt sh~ll
Forthwith appoint ~ npiwr of ssld mort~ed prop~rtY dl u~d ~1n~utu, Gxlud~np ~11 ~nd sinqular tM incarM, pofits, Nsw~ and rw~nws f~oen what~ve~
sa~xa de~ired, each a~d ~very of which, it bei~+p ~xprossly ur~deritood. is he~eby mor~gayed a if ap~cifiully sN forth ~nd de~uv~d in th~ ~r~ntinp and
heb«dwn dau~ Fwreof, ~nd such ReceivN slwll 1?~w sll tM brwd and ~ffectiw funct~a~s uw! powe~sln ~yMris~ ~nnup~d by ~ Ca?H w a Recefva, and
such ~ppointment sMll b~ mad~ by wch Coun u an admitted puity and s msner of absolvt~ ripM ro s~id MORTGAGEE, ~nd without nf~renu 1o ihe
sdequacy or in~d~qu~cy of ths valw of the propay~mortp~d « to the :otvency a~nsolrency of uid MOitTGAGOR o~ th~ d~fendaets, a~! that such
renn, profi», tncane, issues and revs.wes ahall b~ applied by such Receiver acoadin~ to tM lien or pvity of said JMORTGIIGEE ~nd tl+~ pr~ctiu of wch
Court. ~ '
8. To duly. pranptly ~nd fully p~rform, disclurye, ezecut~. ~ffsct, complere, oornplY with and abM~ by tach u+d wKy tM stipulaYaro, ap~Kmenb,
c~tiora and coven+nn in ssid promissory not~ and this rt~ortpag~ s~t forth.
9. That i~ tM event the ownenhip of the mort9aped premaes, o~ any p~rt thaeof, becomea wat~d In a p~rson otha tMn tF» MORTG/?GOR, tM
MORTGAGEE, in wccesson ~nd assip% may, without naice ro tlr MORTGAOR, d~al with ~uch succeaa or urcceswr tn inMrat with ~efer~nu to thia
mortps~ and tM debt hereby secvred in the same marx~a u with Nbrtyayw witho~t in any w~y vitiatinp or ~sthu~lnp tM Mort9apws' Il~biliry herr
under a upon the debt hereby s~cured. No sate oi the premi~es hereby mwt~ay~d aod no fo~k»ar~nce on th~ parl of tl+~ MORTGAGEE a its svceesson {
or auigns and no extension of the time fa ths paymem of tM d~bt hereby secur~d yiwn by th~ NIORTGAGEE or ib s~ooestors or assipns, sfiall operatt ~
ro releas~, dixhary~, modify changs or affect tFw wiyinal lisbiliry of tFro MORTGAGOR herein, eith~r b~ whob o~ in part.
10. It h specific~lly agreed that time is of the euence of this comract and thst no waiw? of any ob~gaYan Iwsue~der w of tM obliyation sa
a,red ha~by shsll a~ any tlma ~heraafttr be held to be a waiva of the terms heraof a of the Irotrure~ent aecvred F~by.
11. In additan to the forego:ng monthly payments of princ:psl and interest required by the promistory note ~ecvred hereby,' mortgagor cownants
arrd agrees to pay to mortgagee wi~h cach monthly payrnem ~n additionsl sum estimated by mwtyayee to be aq~ral to 1/12 of ths annwl cost of the follow-
irtg:
A-Atl real property taxes kvied o? aueased againat the above desuibed real estate.
B-Premiums on firo and windstwm inwrance as herein rcqu~red to be carried on the improvemenb situate on ths above destribed premisp.
C-Premiwns on such mwtgsge pwranty ie~suraoce as mortgagee shall from t~me to time de~m fit to cury on the loan sewred hereby.
Mortgagee shall from time fo time notify matgsgor in writing of the amount dve and p~y~ble herew+dsr N+d such wm shall thaevpon be doe ~~d
paya'oie on rne o~e uare oi r'ne nexi mor~iniY parrnm~ eno e~c:~ a~,c~c»~.v ~ thare~fier until motty~pee.sh~ll notify mortyapor of a thanpe in suth
amount. Such sums shall be ~pplied by mortgagee toward the payment of real propKty qxes, iroursnc~ premd~w~u, and mortysp~ QuaruMy i~nurance ~
premiumf. ~
IN WITNESS WHEREOF, the ssid MORTGAGOR h~s hereunto stt his h~nd ~nd seal day u~d year Pust ~fwesaid.
; SiDned. 5~+1«! and delivKed in the pr~s~na of: , l7~'E...~/L
~ ~o~ ~
; ~u~~ ~~m~r?~ ~ ~
f a us . asse ,
p ~ ~,:.cu~ ~ ~
u~a t+l£D ~ ss@ ~
. _ ~p(yQfiO ~
~ STATE Of fIORIDA ~ ~
courmr oF - St . Iuc ie ~ 315~14 ~
~
Befors ms p~rwnally app~sred Thaddeus W. Hassell, Jr.
1'S3Iy R. ~895811 his wife, to rr» vwll known ~nd krawn to me M b~
the individuab de~cribed i~ and who executed th~ forpQj~~y inst~r+d ~~wwledped beforo rm that tMy ~x~wted tM sams for th~ p~?rposei
therein expre~sed. And the w~ 1~~~ • S3@ll
w; f, ~ Thaddeus W. Hassell, Jr. _ , , P,h,,,~
E •femineYan by me lak~ ~•ate ar~! spert fras+ ri~d h+nba~. ~v~ov+l«l~ed ro and befon m~ tfMt sM ~xeM~d s~id inatniment h
~ely ~rd vohro-
~ rarily ~nd w~thovt ~Mr comp~?bion, cautraint, appre feu of or from h~r said M?~@m~@r T~
WITNESS my hand aod offkiat ssal t' day of r" A. 0. 19
~ .
~ Nobry Pv in and for th~ Stat~ d Horida at tu~
Retur~ 7a My ~,:~.~~••~u~ ~!`"7' / 9,, y
w .i
Fint Feder~) Savkgs a Losn Aswtiation - ~ ~ r.~~~~i~'
, , ~r,l
Of Fort P;erca • . ~ . - .
~ fort Pierce. Flwids ' ~ t ''Y '
~ - , ; El
~
~ ' ~ t J. _ : .
~ This Instrument Prepared By Thomas A. Driscoll ~ i~~~'''~' -
First Federal Savings ~ Loan Association ~J.•..."~ ~4=~
of Fort Pierce~ Florida ~ '',,~s ~q =1~G~r,•~'
~ tr gZ _ ,
~ Checked By'~ ':~?',?.r.H~~~,VT,•~
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~ 'Jf'.Y~. ~'{t`~•l ,
~ ~ ~ ~ eoRr243 PAf~1302 -
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