HomeMy WebLinkAbout1551 To plau ~nd con~wwo~sly kHp on ~M bu~tdinps now a f?K~aft~r utwt~ on ~ald la+~d and on al~ puipm~nt aid p~non~lly covK~d bp thh map~ ;
p~, wi~h ali pnmiums ~M~wn p+~d i~ full, fin iniwana in ~M usual aundud polky foren, in •~wn app~wnd b1r tF~ 1N'~RTGAGEE, and wi~duwn~ t
Mawana M tM wwl ~~~dard po1~cy fa~n. in ~~um ~pp~owd by ~h~ MORTGAGEE. in wch oomp~y or oomp~ni~s N tM MORTWIGEE n+ar ~
d~nct~ ~nd aQ fin and windu«n~ xau~~noe polkiN on any Of ~d bui{da~pb M~y 1nNrMt fhM~N or p~A 1Mno1. In th~ pp.p~~~ win ~faaaid a:~.3 ~
In ~caa N~wi, sh+ll cont~in tiw ~w+l sundKd mor~pa~ daus~ a sucF~ ah~ dau~ ~t tM Mo.qspN !n~Y n4u~n~, nwklrq li» low unda uid pd}.:'~ ; i
da. McA ~nd ~w~y. Wvabl~ a wid MORTGAGEE a in h+~Kn~ n+ay app~~r. M?d Mch M+d ~wry tuch po~icY ~MII b~ p~anWb +~sqMd ~nd d~liwnd to,•.. ~
~ny Mld by uid MORTGAGEE a fwthN acwlty to saW mort~p~ debl. a~d. ow la~ th~+ Nn (101 day~ In adva~u of Mr ~xptr~tbn of ~ach pol~cy. ~o d~ i
liw? a wid MORTGAGEE • r~wal tM~~of, top~thw with a nuipt fa tM pr~mlwn ot wch r~wal~ uid tMn sh+ll b~ no fin a wind~tam M?wr~nc~ F
plawd on any of ~aW bvl~nps, any ietK~q thKei~ a p+.t th~nof, unl~u le tM ionn u~d with tM loa pay~bN a~faaaid~ ~nd M+ th~ ~wnt an~r w~n ~
d ewn~y p~ooen« p~Yabb wdM weh polky or pol~ei~s ~aid MORTGAGEE ahall !ww rh~ opt~on a ne~iv~ ~nd applp tM s+n» on ~t of tM M+d~bt~ ' ~
rnu s~cw~d h~nby a q pKmi~ s~W MORTGAGORS ro~~aiw u+d w~ tt a any p~rt tMr~of fo. o~her pwpos~, without IMnby walvinp a+mp+M-
~+~+Y ~4~+~b. liN? a~Ipht w~da w by vtrtw of thts mortpap.: .~+d t~ ~M .wm •.id AAORTGI?GORS •MII fa u+y ..a~an hN ro k..p ~h. w~d p~.n~n.s w~:`"
Mw~~d, w fall b eMliw~ Wp^Pth? ~nY of uW polic!ss of insw~na b saW 1NORTGAGEE. w s.~i ao~?vtN ~ wr ~N +~w a«++~ +h...to. a~n ~ny?t-e
r~sp~ct f~il b pafam, di~chup~. ~x~t~. ~ff~ct. oon+Pbt~. canply wlth and abW~ by thi~ toveMnb w~ny p~rt Iwwf, s+W MORI~3AGEE m~1r. Pbn u'dr n
WY for wd? inwano~ w My part tMnol withow wdvinp w affMlnp ~n1? oM1on. ~i~n. WuitY, ot ripM vndK or by vi~ of thlt Mort~. and tM~
fvll amowa of ~ad? and wery such paye~t shall b~ imnwd'wt~ly dw ~nd payabl~ and sh~ll b~sr Mter~u f~om tM d~t~ tMnot untll p~W a~ th~ a» d .
nln~ p~t antum pa ai+rwm u~d to~the~ with wch IntKe~t tMll b~ ~scvr~d by tM li~n of this rnort~ap~.
4. To pKmit, oommit w wffM eo w~sN, Imp+kmMt w d~terior~tion of s~id propKty or sny p~rt 1Mrwf.
S. To pay ~II and ~M+pular tM cah. chupM +nd ~xp~r?~. tociudinp ~ naw~abl~ attaa~y'~ fN ~nd aosb of ~bstr~ct~ of thl~ Y?curr~d o~ p+id N
any tirrN by s~id MORTG/1GEE, becw~ or in tM ~vent of tl+~ fa'slw~ on th~ part o~ tM said MORTGAGOR b duly. promptly aed tvlly pKfa~n, dNCh+rpw ~
~xecv~~. ~ffed. oompla~, comPh with ~nd ~bid~ by ~ach ~nd ~wry N» stipvla~ions, +~e~n»ms, condNioM. uwl aownaea of aid promiuory ~ot~ snd ~hls t
fnOft~Qf My 01 ~IfMI. aod ~aid coa~. cMr~s ~nd tapNa~s, ~acA and ~wry. shall b~ Lnnwdiat~ly dw ~nd payaW~r wMtl~ a not M~a~ b~ notia d~
m~nd, ~mmpt to eollect or wit p~ndiep~ ~nd tM full amount oi ~ch wl ew~y a~ch p~yment ~h+ll bNr int~nat from tM dat~ tMnof ueKl p++d ~t th~ ~
rate of nin~ p~r centum per a~wwm; and ~II said oosts, tt?upts ~nd ~xpense~ urcurnd or paid, wpttFwr witb s~xh IntKpt. sMll b~ wuKed b~l tM li«+ of t!~
6. TMt tn t!a ~wnt of ~ny bre~ch of this Monysp~ w d~fwlt on th part of tht MORTGAGOR, a(W M tM ev~t a~y d aid ~wn~ of morNr
hsnin nfKhd ro be na pornpfly and fully pald withie thi.ty (30) days n~xt after tlK sam~ wvardlp bacam dw u~d paYabl~, without d~mand a notio~.
or W in tl+~ w~nt e+ch and ewry the sKpulatio~a. +Cr~NS. condi~ions and oovaw+n ~oi s~~d promiuory na~ ~nd Ma inorq+p~ any a~iHwr ~n nol
~Y. P~~P~Y and futN P~rfe?m~d. dixharped, ac~cut~d. ~ffMed. compl~t~d. complwd with and ~bid~d by, tFwe in ~ithK a~ny wch w«M th~ s~d a~
9r~p~t~ wm inenfioned in said promiaory ~ote then r~maininp unp~id, wlth inferpt ~ttrwd, ~nd dl mon~ys atvnd Mr~by. shdl b~ooa~ dw Md p~p
~bl~ forthwirly o~ ther~afta, ~t tM option of said MORTGAGEE, a fuly ~ed eompl~t~ly u if ~II of ths uid ~un» of rtwewr wen ap~~ly u~putand
ro b~ paid on sud+ day. anythirp in said promiasory not~ or in tl?is Mortyay~ to tht contrary notwitMundinp: and thK«~on a tMtla(br N tM option of
said MORTGAGFE, withovt notiu or d~mand. wit at law or in puity, thenfon w th~reaher bpw~, m~y b~ prpwcvt~d a lf W-.mon~y~ sKw~d Mnby
Md m~twld prior to ib irotitution. " -
7. ?Mt in th~ wsnt th~t ~t tM beQinnirg of or N ~ny twm qe~Jinp u~y wit ~pon this Mort9~, a b fOncloM ~ aRitO +tfone k. o? to ~nfap
paymcnt of any claima ha~w~d~r. uid MORTGAGEE shall apply to th~ Coun havinp jurisdictio~ thereoi fa tM appointii~lt ei a R~utwr. such Ca~rt shall
fwthwith ~ppoint a nceiva of wid mortyap~d prop~rry all u+d sinpvla?. Gxlud~np all ~nd sinpulu tM i~oonr. profits, iuwa ~nd nwiwies fiom wh~tw~i .
souru de~ired, each ~nd every of whicl~, it b~iny enpreuly w+dsrsrood, is Mrsby monpsged a if specifiully sN forth and dNCrib~d in tM prantinp ~nd
Mba~dum cl~uws Iwreof, snd such Reaiv~r ~hall Fww ~II tM bosd ~nd ~ffectiw fw+d~om and powen in ~nywis~ ~ntnat~d by ~ Cowt ro ~ R~aiva. and
sucA ~ppoimms:? ::..~1! be m+de by such Court as ~n admitted eqvitr ~nd s m~ner of absolvtt ripM w aid JYIORTGAGEE. ~nd wifho~t nfKa~o~ to th~
adequscy or inadequacy of th~ vslw of tM prop~rry mo~tp~d o? to the solwncy or iesolvseKy of saW MORTGAGOR or th~ d~f~nd~nn, and th~t wch
renn. profits, incane, iuves a+d revenws ~MII b~ applied by wch R~ceivK saord'ug ro ~M lien or puity of said MORTGAGEE and th~ pactice of wch
Covrt. -
6. To duly. PromPtly snd fully pNiorm, discha?~, execut~. ~ff~et, oon+Pl~te, canplY with ~nd ~bid~ by Nch u+d twry th~ ~tipulatioia, apreema~u,
condiram and coven.nn in said promiuay not~ and this mortyag~ set forrh.
9. That in ths tvent ths ownenMp of tM mo~fyaped premises, or ~ny part thereof, beoom~s watsd in a pason otFwr th~n Nw N10RTGAGOR. th~
MORTGAGEE, its wcuuars and usiyra, may, without noi~u to th~ MORTGAOR, deal with such suaessw w wccessor in intenst with r~f~r~noe ro thu
mw~~ap~ and the d~W Mrtby s~wnd In tfie s~ en~m~r ~s with AAaqa~or witbai~ M' any w~y vitiatinp a discharpinp th~ Mort~apo~s' (bbility h~rr
under or trpon tl+e dtbt Aertby setured - No w!~ of tM pt~miss~ her~by mo~tp~ped ~nd no (orbwrauo~ on th~ put of fFN MORTGAGEE or its wa~sson
a auipra ~nd no sxtsnsion of the Y~me fo? the payment of tha debt hereby sctur~d q'rvee by thi IIIIORTGAGEE w its wcoesson a atsipia„ sh+ll opa~»
ro rokw, d~scharpe. modif~r chanp~ or affect tlw wiginat liaa4ty of th~ M~RTGA~OIt huein, ~itl~ in wlwl~ or tn pxt. `
10. h is specifiuNy apre~d ~Mt tinw is of tM easence of thb eontract ~bd th+t no waivK ol ury oblip~tan hawnder or of th~ oblip~tion ir
cund har~by ahall ~t any tbna tFwafier be heW to M a w~ivK of th~ terms_Mrwf o~ of th~ irntrwnsot waxsd hNby. .
I1. In sdd~tion to the f«ego:ny monthlY psYments of princ:pal and inta~st nquir~d by the promiswry noy secvnd hereby, mortysyw cov~nants
and agrees to psy ro matgsgee with cath moe~hly payment sn addition~l sum es~imated by mwtyapN ro b~ sqval b 1/12 of the umwl cost of tM follow-
ing:
A-All real property taxes kvied or sssessed against the above desvibed reat estafe. ~
B-Premiums on fire and windstwm insurance as t?erein requ~red to be urried on the anprovemenri sitwte on tM above ds~aibed pr~mitp.
C-Premi~ms on wch mort~+9e Owranty insurance +s inort~sys~ sh+ll frpn tim~ ~o time deem~fit to carry.on tM ban ~acwsd Mnby. -
Mo.tg~g'e~ sh+ll from rime to timg nwifY ~tgpor in writinp of. the smount dw and payable hKwndst and wch wm shaN tM~wpon bs dua.+nd
paYabb on the due date of the next monthly p~rment and e~cfi woteisive month there~fter ~ntil matpape~~ shall notify mortps~w of a ch+np~ in such
amount. Such sums ahall be +pplied by mortyapee towsrd the payment of n~l prop~rty taxss, inwrance premiums, and mortyage ~uar~nly inwrant~
premiunq. ~ .
1 ESS YVH R id RTGAGOR has hereunto s~t his hi~d aod seal the d~y fkst afotaa
the p.es~nu of: -
~ FIIED R1tD kECO40E0 Q
~ w' ST.IUCIt C~?UMTy F~A.
~ ROLcr oui='R?S ~
~ ' C! ERr, ~°,:~c~~ :OURT
~
~ Rfr,n:;~ ~f'p_,__ ~a R. Reeves ~.~p ~
E
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! STATE OF FLORIDA ~ ~ 58 315~ .
~ St. Lucie ~ 8O
~ s.fo?. n~. p..wn.~ty .ppe...d Arthwc L. Reeves and
~ ~a R. R~ves his vrife, to rrN vwll known and known to nK to b~ -
th~ ind'rvidwls described i~ ~nd who ~x~wted t!w fore9oinp instrum~nt, and ~ckrawkdped b~fon mr M~t M»y ~a~cvtad th~ saen fw th~ p~rrpw~s
~ rhe?eb expres~ed. And tM sa:d B~~a R. Reeves
wit. of rh. s.td Arthuz L. Reeves ,,rpon , s.p..m and piv.+.
~ examinaYan by rrK taken sep~r~te sod ~psrt from her aaid husband, adcnowledQ~d to and b~fw~ m~ N~st sM txea»~d said inatrvnw~M frwly and voluM
rarily ~nd w~thout sny compulsan, constraint, ~pprefiens' fear of or from her wid Fwsband.
~ WITNE55 my hand and official ~sal thi• •r~ day of ~ S~te~@I , A. D. 19_1~.
~
€ , Notary Pvblic tn ~nd fo~ SUt~ of Florida N L~rp~
My comm~s.ioo .xpins: ~ • . 30 • T
Retum To: • •
~ first federal S~vinps 3 lo~n Associstion
; Of Fort P~erce. ~
F Fort Pierce. Florids ::t, l~~~ ,
_ ~ y~ ~
~ ~ b •
i _ ~ ••.,'~~p~~~
~ ' ; :
~ This Instrument Prepared By MTa. B. Braun ' . ^ . ~ ~ 1 ~ ~
~ First Federal Savings b loan Association - ~ ~ ~ 13 ~ = ~ ,
-i.-~' .t.V:~ + i ~~~!'y-
~ of Fort Pierce , Flor ida 33450 - ~ ~ r~~ ~ ' , ` ~
c V'~
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~ e~,eck y o R ~A ~ : '~~-Y:s~:..~ . ~t~
~ 60GK ~ ~3 PACE~55 ' ~',j ' ;r
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