HomeMy WebLinkAbout2987 ~ Y
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To pl~c~ ~~d comimw~ily kt~p on th~ buitdinps now o~ h~~~~tta ~ituat~ on said tMd ~~d on ~II equiprnN?f ~nd pMaa~+~l~y wver~d by thi~ rnort~
p~, with ~11 premfvms tl,KSOn paid 'u+ tv11, fM~ uuuranc~ fn tht uswl ~~udard policy form, In ~ ~um approwd by tF» MORTGAGEE, a~d windatan~
imwM+o~ in tht uswl ~~~ndud yolicy fam, in a ~um approv~d by ~h~ MORiGAGEE, in wd~ company a compani~t a Ih~ MORIGAGEE maY ~
di?M~ ~nd ~U itr~ N+d wincbarm ieswana polk»~ on ~r oi 1~III bV1WM10~. My Mtlfpt tlNfflfl Of plfl fIMl~OI, M~ pprepa~~ w~ dores~W a
In ~xaa thawi, ~MII con~ain ~M vswt ~qndard marpapN cla~ or such alw dws~ a tM N1o.papN may ~puin. nwl~inp ~M Iws unda aid polb
cia. ~ad~ u~d w~y. P+vab1~ ~o s~id MORTGAGEE +t ib in~K~s~ maY ~PP~~. and ~ach a~d wKy wch polky ahall M P~omp~M ua:yn~d «+d ddiwr~d to
uqr Mld by wid MORTGAGEE as fu~~hN secvrity ?o seid monpapa d~b~, ~nd, nw I~u tMn N~ (10) d~ys In ~dvanc~ ot th~ e~cpk~tion of ~ach polky. to d? +
bvN ro aid MORiGAGEE a renew~l tMrwf, top~th~r with ~ r~uipt tw tM pr~miwn oi wch r~w~l~ and IMn ahell b~ eo fw~ a wln~blo~m tn~w~nu ~
pland on ai+y of ~a1d bulWinps. ~ny interes~ tha~in or puf tM~wf, unl~ts In tiN fam and wi~h tM bas payabb a JaNaid~ u~d M+ tFr weM ~ny win
d mo~y b~canp p~yaW~ undK such polky or polici~s a~id MORTGAGEE ~hall Mw ~h~ option ro nuiw w~d ~pplr tM on aooo~+M of tM fnd~bt~d S
nNS s~c~nd Mreb~r w b p~rmit said MORiGAGORS ro naiw ~nd us~ N a~ny pat thereof fo~ othe~ purpos~s, wi~hout ~h.r.br waivinp w imp~w• j
inp amr puity. lien w riph~ ur~r or by virtw o1 thia matpa~t aod tM ~wnt u~d MORTGAGORS sMll fw ~ny reawn fail ro ka~p tlw said pnmisa w
tnwrod, w fdl b dsliv~~ promptly ~ny of ssk! policlq Of (n{yrint~ t0 N~ MORIGAGEE, a fail promptly 1o paY ivllr ~ny pr~miwn tMr~for w fn anr
t~~p~ct f~il w pK(wm, discM~p~. ~xecut~. ~HM, compb~~, oomPh? wlth and abid~ by tht~ covu+ant, a~ny put M~wI. saW M01tTGAGEE m~y plaa ~nd
paY fw wch b+w~~nc~ or any part tMrwf witAwit wahrinp w~H~ctinp any option, li~n, puiry, or riphr undK w by vlrtw of thh Matp~, and th~
full arnount oi eacA and ~wry wch p~ymN+t ~hall b~ immedia~ely dw and piyaW~ and shall b~ar interNt kam tM da» ther~of unti) psid N tM rah ol
nin~ pp qntvm per aivwm ~ad toy~the~ with wth interest ahsll b~ tecur~d by tM IiN~ of this mortpap~.
1. To pKmit, oomnil or suffa no wut~, tmpairm~nf or de~~.iw~tion of said propKry o~ amr put tMr~of.
S. To pay dl uid sinpulw th~ eosts, elwrpss +od ~xp~wew indudinp a ~~ason~bl~ anorei~~ fN and aoab of aba„aen of tttl~. 4KUn~d w p~id d
any tim~ by said MpRTGAGEE, Mcius~ w ia th~ ewet oi th~ failw~ on th~ pwt of th~ safd MORTGAGOR to dul~r, promptlr ~nd futly pKform, d'qdwrpR
~xecut~. ~ff~ct. eompl~t~. eomply with and abide bp Nch and wtry tM stipulatioro, sp~e~meots, condMio% ~nd aown~nb oi atid p?aniuory not~ and thls
^+onp+C~ MY w ~it1+M. and said costs. chu9a and ~zp~nses. Ncl~ and ~wry. shall be immadia~~ly dw ~ed p~y~bl~j wMtMr or ~ot N~~ b~ no~ia dr
m~nd, ~n~mpt ro eoll~ct w wH p~nd~rg; and.tl+~ full amouot of escb a~d~awry wd~ p~Yrn~M ~hatl b~a. interest from tM dat~ tt~wf untfl p~id at tFK
req of rti~t ptr centum pa awwm; u~d ~11 said cwt~. chW~ and txp~n~es incurr~d or paW. 1opHher with suth intK~st. sMll b~ Ncw~d by tM li~n of thi~
'^ortp~p~.: .
6. TMI (a) in tM ~etf of ~ny br~ach of ttw Mortyap~ o? def~ult on th~ part of th~ MORTGAGOR, oi (b) in tM w~m ~ny of wid ~vms of moa~y
henin nfur~d ro b~ not p~omptly ~nd fully paid within thirty (30) d~ys neat afier 1!k sam~ severally b~come dw .od ~,.r,W., w~~~w„~ d.~,~a~,d a rwrk.. ~
o~ (d in iM evsm ~ach and ~vKy tFN stipvlatioiq, a9rNnwnq, condit~ons ~nd rnv~~~b oi s+id promis~wy rat~ and this morqap~ any or ~itlw an nol
iulp. promptly and fvlly pafwm~d, d~scF~arpd, ex~outd, effected, compl~t~d, complid wi~h ~nd abidsd by, th~n M~ither or any wch tw~N tM Nid p~
prep~t~ wm mamion~d in ~id p.omissory no~~ t!»n nmainirg w?paid. W11I1 IffiHfit acuwd, and all mon~ys wcv«d Mr~by. shd) b~can~ dw ~nd pay~
sbb ~wthwitFy w thereaftN, ~t tM option of said MORTGAGEE, as fvlly and canpl~tely ~s if at+ of the said sum~ of ineMy vwn pgir?Nly st~p~4ted
ro b~ paid on such day, anythinp in is~d pran~swry note w in this Mwt~ape to th~ tontruy rwtwitF?f~u~dinp: ~nd th~r~upon a thsnaha s1 tM option of
said MORTGAGEE, without notice w d~n+and, :uit at law or in puity, t1~er~fon or N~sresher be9un, may b~ proacuNd as N dl erwrwys saund Mrtby
had matwed priw ~o in ieariru~ion. ~
7. TMt in rl» w~nt tlut at fhe bs~inniny of or at aey tims p~ndinp ae?y wN upon this Mwt~, or to for~elow N, a to nfonn h, w to ~nfaa
paYment of any clsims he.evnder. ~1d MORTGAGEE sMtl ~pply to the Coun h~vinp jwadrction thereof for th~ ~ppoiatrt~m of ~ R~cNw?, wd~ Covn shall
Fathwith appoint •~ec~iver of ssld matpaped property dl and sinpvlu, incl~d~nq ~II and ~inpvlar the 'w~oort~t profit~ iuu~s and nwnws from_ wMt~wr
wuru daived, each u+d ~very of whrch, it beinp ~xprealy ~nders~ood. is l+erebp matp~ged at if specifiutly kt forth ud dacr~d in tfN pru?~inp and f
ha6end~m dauies hereof, and ivch Reaiv~r ahall Mve aU tF+~ broad and effective funct~or?s and powsn in ~nywis~ ~MUSt~d by ~ Court fo a R~iva. and
auch ~ppointm~nt shall be m~d~ by wch Cowt as an admitted pvity and ~ m~tter of absolute rght ro s~id MORTGAGEE, and witF~out ~~f~rarc~ ro th~
adequacy a in~dequacy oi th~ vdw of rh. property monyaped w to ~hs solvency a insolventy of said MORTGAGOR a tM def~ndaMS, ~od tl?~t such
rena, profits, incans, issues and rwenues ihall M applied by wch Receiver accordinp to tM lien o~ puiry of s~id MORTGAGfE and the p~acric~ of wch
Courf.
8. To dvlY. Promptly and fully perform, dischsr~, ex~cute, effect, compl~te, comply witF~ ~nd ~bide by ~ach and ~wry tM stipulatioro, s~rssm~nts,
conditaru and coven~nts in uid promissory note ud this mwtpp~ set forth.
9. That in the event the ownersh~p of ths mort9ayed premises, a any put thereof, becwnes vested tn a perton otMr tha~ Mw MORiGAGOR, th~
MORTGAGEE, its wccessor~ and suipns, may, wi~hou~ noiics to ~he MORTGAOR, deal with sucl? succeuor a wuessor in int~rat with refer~no~ to thit
morty~e and the debl hereby secured io ih~ same manner n with Mwt~apw without In aey w~y vitiatlnp ot discFarpinp the Mortyayas' liability hsr~-
under a upon the debt hereby secured. No ia~e of ~he prcmisea hereby mwt~apa! and ra fwb~a~anct on tM put of th~ MORTGAGEE a hs ~~oceison -
w suigns +nd ra extens~on of ths time fo~ rl+e payment of the debr he.eby secured pivao by th~ MORTGAGfE or ih wcanfon or aasipra, shsll opaat~ ~
to releas~, discharye, modify charge a affect th~ aiyinal liabiliry of tlw MORTGAGOR her~in, ~ithe~ in whols a h part.
~O. N. I1 iPQCifiCilly A9f!!d ; fFlaf tune it of tM wence of this. to~wct ~nd that no wsiver of any obliy~tion Mrwnder or of th~ oblipation se-
cund t»nby shall s~ any time ther~ah~r bs held to be ~ waivet'af fhe tsrms hireof a of ihs' lnstrume~t aecw~d Fw~by.
11. In additi~n ro the forego:~g monthlY payments 'of princ'pal ~1~ 1~te/Mt flqvlr~ by tFfO ~p~fissoly''riols selur~d here - - ~
and aqrs~s to pay to rooAgagee with sd+ moothtY P~Y~t ~n ~ddiHa?sl st+m~astimated bY.~ mONpaga coven~nn :
b~? mortpap~e to.b~ pwl b 1/12 ot:th~ amu~l casf d ths fol{ow-
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A-All real property taxes levied or sssessed apai+ut the sbove described re~l esqte.
B-Premiums on fire snd_ windstorm insurance es herein requ~red lo be urried on the improvemenri situate on fhe ~bove desvibed premises.
C-Premiums o~ wch mongsge gusrsnty t~uurance ~as'mo?tgayee slisA'from't~me to tiine deem fit"to urry o~ tM loa~ ~ecured Mreby.
, = Mortyspee 'sl+aN ~rom t~me ro ti.r~e noNfy mortgaQo~ ~n wrking oi ths ~mount ~r(~'pay~blL 'h~rwnder and s~xh wm shaN th~i~tnwe~ b~ due and
payable on the due dare of the next monthty payment and each svccessive month thereaher until mortyapee ~11 notify mortgsgor of a charg~ in such
amount. SucF? sums sFall be applied by mortya9ee ~oward the payment of real property t~:es, insvrance pranivms, and mortya~s ywr~nty inwranta
pramiwns. .
IN WITNESS WHEREOF, the aid MORTGAGOR h~s hereunto s~t i+is hsnd and sea) the day u~d ~fw id.
Sip a a d de{iwr th~ prssence of: f 4fp ° Nt tt~i~(?.k~EO
/ll~ f~.tU:l~ C4~JMTi' /LA. r ~
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~ ' CIEP~. GL`~~ ~QURT q
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~ of,,.,._~ .l; . -•£n s~ ~
I nna . es
~ STATE OF ~~1~0 rY~ L~ i~ i2 PM'~~ n
~ ~o~~ ~ .:.c~.y~~~=_ ~ 319399 ~ ~ ~
~ e.tor. ms pe..w,.~~y .pp..nd Robert H. Ht~9hes
o Donns H. t#ghes
~ the individwls describsd 1n md who ~xecuted ths fore9oinp ir~strvment, and acfuww{~dpd before rnt~tha~t ~~~11 known and known to m~ to b~
g rheroin ~xp?e~id. Md NrC s•td _ DAl11fa H. Htigh@~ ~feY ~x~arted ttM sarm fa H» pwpos~s
; W~i• of t~+. ..td. ~r ;~a ' - I~ber t H . Huahes
! examination and i n from hsr ~aid husb~nd. ~dcnowl + Wo^ a s~parat~ and privat~
3 bY:•fi!~'.t?kM ~t++~+~'.. P+ sd~ed ro~nd b~fwe rn~ that sM ~xecut~d said imtrvment frNlp end volum
E rarily and w ,uqr. compulsion~ ~coqatralnt, apprehajsi w feu of w fram h~? s~id Iwiband.
~ WlT my hird /!i~l.offida~-s~al thta ~ J d~y of OCtO @z A. D. 19 75
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~ . * ;yi fc, `''j ~ . , Not~ry Pubtk in and for the Sut~ of ~ ~t lar~
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~ . My Comrn~ssion ~xpir~s: 01110
i : ' _R~+ue+i=~+q~;.. .
! Pird:E~d'inF'Ssyh~a~`~fa~r' ~ation Rl~ L. ~L~. ~f~l ~II~C
! ~ ' _ ~M ~ -p~e.ci~' M 7~
; ~=~te:a::~:~.~ y Cumr~issiou Expitos Au~. 21,19
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~ Thi3 Instrument Prepared By J. Hal Robezts, Jr. - ~ '
~ First Federot Savings ~ loan Association
~ • of.Fort Pierce~ 6lorfda 33450
~
y Checked By , , .
~ ~~2~~ ~~~8"~'
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