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HomeMy WebLinkAbout0155 . r To pl~q ane) contimwuffy kNp on th~ bui~dinp~ now a h~rtahK wtu~h on saW I~nd and ~ dl puipm~nt a~d p~~an~ily cova~d by this nwr1~ pR, with ~U pnmivm~ tl~wn p~~d in full, fin iruur~nu in tM uswl ttandud policy fany N• wm ~pprowd bp tl» MORTGI?GEE, and wind~uam imwaKt in tM wwl aanda.d pol~cy form. i~ ~ wm ~pprowd br tM MORTGJIGEE. tn wth aort~pany w oanpania ~ tM MORTGAGEE map dinctj M+d NI fin ~nd winrbtwm imww+o~ policl~s on ~ny of s+W burww~p„ .ny u?~...se ~h.~•tn o. pan +i+w~ot. in tM apprp~q w~n ~fon~aW a M pccNS tMnof. ~lwll aontain tFw ~nwl s~and~rd inon9pN claus~ or wcA qi~w dwN q tM Mapp~ mqr rpuw~, e?+kMip tM low waM~ s~id pdF ct~s. ~ad~ and wKy. WY~bI~ ro s~id AWRTGACsEE a ib inMat m~Y +PP~+?. and ~ad~ ar~d ~wryr wch poiicy ~hall b~ iK~~Mh ~:p~wd and dt~ivK~d W ~ny MW by s~ki MORtGl1GEE a iunhe~ wcv+1~Y w uW morqa~ deM. ~nd. ow 1~~ tMn ao p~ days in ~dva~n of tl+~ ~xpiatbn of Mch policy. ro d~ livM ro wid MORTGAGEE ~ r~w~l tF~wf, roy~rhK witl? a naspt for tM p.~miwn of wd~ r~wa1J ~nd ~hu~ aMll b~ no h~ a winds~am in~wana plaad on any of wtd b~ildirga. ~ny Inte~at tMr~in a put tfiKwf, unlNS fn tM form and wNh tM loa pay~bb a ~tons~WJ ~nd in"th~ ~wn~ any wm of nioMy b~canM p~y~bl~ w~da such potky a policin s~id MORTGAGEE shall Mw rl~ opran to nosiw ~nd ~pply tM swn~ on ~ooo~n~ of tlN fnd~bted~ n~u s~cw~d Mi~py w q pKmit ~aW MORTC~AGORS ro naiw and u~ H a any p~rt the~~of fw aha purpwM. wi~hout tAw~by w~ivinp w impair lig aeY puity, I1M a rpht w~dw a by virtw of thi~ morty~p~; and N th~ ~wnt aid MORTGAGORS th~ll fa any nason f~ll b kNp th~ wid p«nis~a w insund. a f~tl to d~llva p~anptty any of said pol'Ki~s of imw~na ~o s~id MORTGAGEE. or f•tl w«nptb a P+r i~+iy .ny pr.m~wn iM.•fo~ « in anr naqcl f~il b pKian~ dachar~. ~xavi~. ~ff~cl. compbt~, comply wUh ~nd ~bW~ by thb oov~nant, a~ny pat h~nof, wid MORTWIGEE ~nay plae~ and WY ~+~d~ 1nsw+~u o~ ai+y Pu! tMnoi without walvinp a ~ffMinp ~nY option, IMn, pvity. w?ipht undN a by vl.tw ot tN~ Mo.f~. and tM h,u .~wun~ of .scn and .vKy wd+ p.ym.m shau b. ~mm.d+ar.~y dw .nd P.y.b~. +nd sh.n b.ar ~nra.s~ han ~M d.r~ ~hu.of until paid ~t th~ r~q ol nirn pa petum pM ~nrwm and topNhs~ with suth intt~est thil( b~ secvr~d by fh~ INe of tlds mortpap~. 1. To pwmN, aomn~(t or wff~r no wqte, L~pairm~M or dete.iwation of s+id p~op~rry a any p~rt tMnof. S. To pay all ~nd siopular tM oosts, d+~r9a and ~zp~ns~f. 4~clud'aip • naanabl~ ~11wnt~Is fN ~nd oosts of ~bh~ets af titb, Mrcwr~d w pdd ~1 ! ~ny tim~ by s~id N1pRTGAGEE, b~caua or h the twnt oF tM failun on tF~t p~rt of IM uid MORTGAGOR b duty. promptly aed ivlN p~rforn~, ditch+r~ ~XlCVf~. ~ffM, compbt~. ewnply with and ab~d~ by ~ach and every tl» atipul~tioes, ~pr~ements„ condltioro, ~nd oov~nrnb of aaid promiuwy nob ~nd th4 ^wrtp+~ +^Y a~idw~. aad ~aid cosb. ch~rp~s ~nd ~xpenw~. ~ach and wa~y, ah~ll M 6~wn~d'ut~lp dw ~nd piy~bl~t wlwtMr a nw tiw~ b~ notia d~ ~ m~+d, stt~mpt ro colkct w wit p~ndi~g~ ~nd_ tA~ full smount of ~ach ~nd .w.y avch P.ym.et •l+.n b.a. inr.ra~ fran ~M da~ +Mr.of vnHl pald ~t the ra1~ of nir?~ pK centum pe~ ~~riumj uid ~11 uid coi», ch~rye~ and ezp~nssa i~ra+rred or paW, topNhtr with svcA int~at, sh~ll b~ sacvnd by t!» li~n of thN morq+p~• . b. TMt W in ths wenf of any breach of thi~ Mortpap~ w d~faul~ on th~ p+h of th~ lNORTG/?GOR. a(b) in tM w~+t ~rry of s~id wna of moeey hsr~in reh~red to bs no1 promptly ~nd fully paid within thirry (30) d~ys next after tM tam~ atwr~lly becan~ dw ~nd payabb. wtthoW danu+d w notioe. e? (tl M tM ~vrm eacl~ and way th~ sHP~?I+tio~a~, +9ran+uNS. ca~Jitioro ~nd oownann of sa~d promiaory nw~ aed this morlpp~ any a~itMr an nw iub. P?omP?b u~d fvlh Pe.form~d. d+sclwped. ~xewted. ~ff~etsd. compl~ad, compGed with aed abid~d ~y. ~Mn ie ~ifha or any wch w~nt tM s~id aP prep~t~ wm meotia+~! in said promiuwy rate then r~ininy unpaid, with 1~11N0l1 iCUUl~ afld all ma?~ys s~cur~d h~r~bY. ~II b~aonN dw ~nd p~y~ ~bb fathwith, a tMreafter, ~t tM optan of s~id MQRTGAGEE, u fvtly and compktely u if all of tM ssid sums of morwy wert orqin~lly atipulat~d to b~ paid on wch day, anytfiirg in s~id p~omiuay oote or ie this Mortpaye to tM conh~ry notwitMtu?dirgt ~nd tMr~vpon w tMreafiN tM option of aid MORTCsAGEE, wirhout notit~ o~ dem~nd, svit at I~w or le p~ity, thaefon or tiwrsaha b~yw~, may be pros~cwd ~s if dl moeey~ stcw~d I~~by h~d matuttd prior ro iri insliturion. 7. TMt 6~ tM event th~t ~t the bsyLu?inp of or ~t anr trn~ pendiep uiy wit ~po~ this Mwtyaye, a to for~clok h, w b r~form B, o? to Mfwp payment of a~y dsims herwndK. said MORTGAGEE ~MII apply to ttu Ca+M hsvinQ jwisdictioo thereof for tl» appoimm~nt of ~ R~piwt, wch Cowt ah~ll fo.thwith ~ppoint a.ec~iver of wid mwtpag~d propeny ~II ~nd sinpular, Mctudng all and sinpular tM incon». profin„ btw~ and nwrw~s from what~ aource derired, each ~nd ~very of which, h b~inp ~xp?essly und~rs~ood. is M~~Y ~W+9ed a if specif'~cally s~t fath ard d~crib~d ia th~ ~antir~ and habsr?dum clauses he?wf, and :ucb Receiver shaU h~w all th~ brwd and ~ffectiw fvnct~oos and powers ie ~nywi~ ~ntruated by ~ Covrt to ~ R~oefvv. ~nd :ucA sppointment shall be rtucle by wd? Court u an admitted equity ~nd • maner of absduM ri9M to said MpRTGAGEf, and withoul nhr~nq to fly adaqu~cy p ieadeq~acy oi tM valw of th~ propaty matp~ed or to the sohrency a insolvency of satd 1MORTGAGOR o? tM d~f~ndw+q„ and th~t wch rents, profits, income, iswes and r~venves sbsll b~ applied by such Reoeiwr ~ccordinp to the li~n or ~quity of said MORTGAGEE and tM pwe~k~ of wcA Cowt. , 8. To duly, promptly ~nd fully perform, discha~9e. ~:ecut~. effect, eomplet~. complY with ~nd abi~M by tsch and ~wry th~ u'ipulations, apr~it~„ conditions and cove~a~n in aaid promissory note and this m«tysy~ s~t forth. 9. ihat in tM evant the ownenhip of the mortgs~ed p?emises. a ~mr part thereof, becornes vested b a penon otlw th~n tfy MORT(3AGOR, tlr MORTGAGEE, its wcussws ar~d suipns, msy, wiihout notice to tl» MORTGAOR, deal with ~uch suueua w waessor in intaat with rtfer~e~ct to tha mwtya~ and the debt hereby secwed in tM sams marr~er u with Mort9apw witFw~?t in ~ny way vitiatinp or discharQinp th~ JlAortyapors' .Ilability IMr~ unde? or vpon the debt hereby iecwed. No sak of the premises Aereby mo~tgaged and no fwt»arMU on the put of tM MORTGAGEE or its woc~s~oa or assigns and no eatens7on of the time fa ths payment ot the debt hereby secured piven by the INORTGJIGEE~w its sircqswrs or as~ipM, shd) opaa» ro ~~as~, discMrye, modify chanpe o? ~ffect the wiginal liability of th~ MORTGAGOR Mreir~, tithw in wlwl~ or M put. 10. It is specifically ~greed M~ar time is of the ~eucnce of tha contract and that rq waiwr of any obli~ation !?Ke~r p of fh~ ebliyafio~ s~. cvred Mraby sh~ll at a~y tlms thereafter held to be a waiver of tM tsrms hereof or of the iratrumeM secwed herby. `I 1. td addition to the forego'~g monthly p~ymenis+ of priht'psl s~+d interest required by the promiswry nofe secured herebY, mort9a~w oavrn~nq and ~grass w p~y ro~nortyepeq with tsd? *nal~~Y WY~~ an additiqnal sum as~'rwat~d bY mo??Q+pet b be «iwl to: l/ 1?, of the aro+ual aoit of tJ~e fdlow- i^9a. , . , , ~ , • . A-All real property faxes levifd or assesud ayainst the sbove detcribed re~l estate. ' ` ' j . • , , . . , _ . . . . . - , , B-P?emiums ai fi~e and windltorm insurance as herein requ~red fo be urried on the imp?ovemenfi sitwte on ths a6ove desdibed premisq: C-Premi~ms on sucfi mortgage guar~nty insurance as rtwrtgagee shall from Y~me to time deem fit to carry on ths ban setured heteby. Matgsgee sfiaN fran i~me M tirr~ notify monga9w ih writing of the amount due-and piyable hendndK and wcF~ wm shall thereupon b~ d~ and payable on tfie dw date of tF?i •next rranthly. pay~+ent N+d e~ch s4ccessive montb rhereafier ~rntil mwp~ee ahall notify mprqayw-ef-s chgnp~ in such amount. Such sums shall be applied by mortyspee roward tRe p+ymenf oi real property tsxes, insurancs prpn:ums, and mat9sp~ yuuanfp insururc~ prlmitNM. ~ IN WITNE55 WHEREOF, the said MORTGAGOR has hereuoto sst his hsnd and seal tM day and year fint aforesaid. i Sipned. Stalad and deliversd in tht preaente of: ' •n ~ X .:tn'11~L r~e~~4 ~ - ~ . ~ ~ c 2t_~ J ~--n ~ ~ ~ STATE OF RORIDA ~ counmr oF St. Lucie ~ ss. ~ . . . . . ; ~ e.fw• P.noo,ny ,~e,~ea g~ce K.Turner ~ E -hi~.w:fa? ro m~ w~ll known .nd known to m~ to b~ ~ the Indlvtdwl described in and who ~xecvted the forepoirg ins~rurnent, and ~cknowkdpd befor~ rn~ that M exeated ths wn~ fo? th~ pwpows thereio ~xprss~ed. ~IwiN»~a:d~..--~~-~~---~---------- ~ ~ vw~~vFMw-s~---'----~-~-~---r~-~-~-~-~--~~~---~-------~-~~---'~--------~~qrO~t~~p¢/NIM~1dp1Nn! ~ euwnUt~tion-bq ~-hlcen-sepsw~•rn~ ~ww ~ran?ix~7siA f~o~brn~ xkHOM~d~ed ~erand blrtar~ fnf tFst'sHe~~xeeoM . r~wi•Mbw~ tarity. and ~:t?ov?~ t~wpnbi~wr ~owslrwMr~P?~~~?-or 4wr rf~w ~w 1~w ~ wrrr,ESS ~ ti.~d .~d osr~;,i ~.i 17th d,~, ~ October ~ n. c. t9 75 ~ fILED ~~t:• 4EC~~~~eo ~ St_ LUCt~ ~YTY FLA F G C c F ~ u~ T R 4 S ary Public in ~nd for tlw Stat~ of flaida ~t l~rp~ ± ' ' l F y K C~ ~ U tT C 0l1R T _ y Commasion ~~cpirts: ~ g Retum Ta RECOFO vf~~IE~'•~0~~~ ' - ~ ~ fint fedara) Savings 6 loan Atisotiation ~ Plotory Public. Stot~ of Florido ~f br~ ' Of Fort Prerta OCI L~ V 30 MIi'15 ~ MY Commi:i~n E:p;res April 15, 1l7~ ~ s e Fort Pierce, flwida 1 dy 8o+ttl~d br '/lsner;oon Fin ~ e • - ~ In i.:.; . ; /~f' ~ ~ ,`,`^~`i~~+~t~~~?t4~vYl~'i~~ , . ` 1 # ~ This Instrument Prepared By J. Hal Roberta, Jz. F ~ First Federa) Savings & Loan Association . ~ j 7 t~% ~ • of Fort Pierce s Flozids 33450 ~ ' ' b'n r ~ ~ : bp~~, a ; - i - L' : t • . ~ Checked By = ~ ~ ~ J ~ ~ = y ~ ' ~ ~ - 0 R A~ - ` G ~ ` _ ~ -y 80~K ~ ' ~ ~ ~~J ~ ~ ` ~ ~ ` ~ , ~ ~ ~ : - - } _ ~ _ _ . _ ~ ~ ~ v~. , _ ~=h - 3 . . . _ _ . . _ . , . _ _ . .