HomeMy WebLinkAbout0293 To pl~p ~nd conrinuo~slr kNp on tF?~ buildirgs now w hK~a(~N Wrvat~ on Nid land ~nd on alt pvipnwm ~nd pawn~lty cova~d by thi~ enatp~
p~. with all pr~mfvnq tM«on p~~d in full, fin iruw~~u in ~M uswl ~randud polky fonn, in • sum ~pprowd by ~M JNORTGAGEE. a~d wie~dstan+
Mww~nc~ in M+~ uwal s~u~d~rd pol~cy fam, ie a~wn ~pprov~d by tM MORT<i/1GfE, in wcl~ owmpany a aompa~iN N tir MORTGAGEE nNy
dk~cq ~nd ~11 fk~ and w~nd~rorrn truwana poieciN oo any Of NiII buildi00~. NIY inNrMt tF~~in or put tMrwf. in ti» app~p~t~ swn ~fore~W a:...`
In ~xnu th~noi. ~hall contain 11» wwl s~a+dud mort9a~ clwH a wch ahM d~u~ q th~ MwlyapN m~Y nauir~, ~kinp tIN los~ w~d~r said po1F ~.";j
eiN. ~ad~ ~nd wKy. Wy~bl~ ro uid MORTGAGEE ~s in In~ant maY +PP~+~. aed ~ach and wKy weh policy ~Iwll b~ promptly us:pe»d and ddivNetl ~e . t ~
~ny MW by s~W MORiGAGEE ~s iur~hK seur~ity M s+Id m«~~ debt. ~ed, nw {~s~ tMn t«, Q~ daya in ~dv~na of tM ~aph~tion of wch policy, ro d? "
Ilwr ro~id MpRTGAGEE a r~ewal tMno/, ro~s~hK with • r~ip~ for ~M pnmiwe ot wch r~nfw~lj and ~F~ ~MII b~ oo fir~ w wlndirwm M~wua~
plaad on ~ny of s~ld b~,Ildinps, u?y in~er~st the.~in a p+.t ~M.wf. unl~s~ In tM form and with tM las pay~bl~ a~tw~s~Id~ ~nd M th~ ~vtnt any swn
of mon~y b~can~~ p~y~bl~ w?d~? wch policy a polKia uid N10kTGAGEE ahall haw tM option ro ncetw +nd apPy th~ wrn~ on aaow+~ of th~ tnd~b~~d-
nns Ncw~d hu~by w a p~rmit uid MORTGAGORS to r~c~iw and ua lt a~ny put fMr~of fw o~Mr pwpos~s, wi~hout 1hKeb~ w~ivinp o~ impai~
kq MY p~ity, li~n or riqht wKl~~ oi by virtw of thi~ mort9py q~d in ?1» ~wm ~aid MORTG/1GOR5 ~MII fw ~np nswn iall ro kNp tM ~aW pnealsa ~o
inawsd, ar bil b d~liva p~omptly ~ny o1 wid policiss of insvr~np to ~aW MORTaAGEE, w fail prompNy fo pay fultp ~ny prtmiwn th~niw a in a~r r•„
resp~ct hIl to p~r(wen, d[~charq~. ~x~cut~. ~ffect. tompl~t~. comply wi~A ~+d ~bid~ by thb oov~nant. a ~ny put Iwrwf, aW MORTGAGEE nyy ptaoe and r r;
paY fw tuch inwrance or ~e?y put tFw.wf wirhout w~Hinp w ~ff~ctinp any option, li~n, ~quity. o~ ripht wwJK a by virfw of this ARwtpp~, and the
fvll amo~M of taeh W+d awry wt!? paym~nt shall b~ imre?~dlat~ly dw s~+d payabl~ and ~h~11 b~u Inhtql fton? tM daN tMt~of unlil paid ~t tM rat~ ol
nin~ p~r c~ntum pM snrwm ~nd to~ether with wch lnter~st ~hsll b~ Ncvnd by th~ IiM of thts mort9ape. , .
1. To pKmit, cwnmit w wtfN no wub, impaument w dNKioration oI s~id prop~rry or ~ny parf tM~wf.
S. To pay ~!I ~nd sinpul~r th~ cats, du.p+s ~nd ~spenN~. irKiudinp ~ rtawnabN rran~r's fN and oom oi ~n~ets of titb, bKwr~d w p~ld
any tim~ by said N1pRiGAGEE, baaw~ or in tM w~nt of th~ failun on th~ paA of ~M saW MORiGAGOR w duly. pror~ry .~d tvih w~f«m„ d~.ch+r~
ex~cvt~, ~ff~ct, compl~t~, compiy with ~nd ~bid~ by ~ad? ~nd ~wry tM stipulatioro, p~nt~„ oooditio% and aown~nb of s~id pomisso?y nW~ ~d thi~
~ro+~ ~~1? a ~~r1+N. ~nd ud cosn„ chup~s and ~xpaau. Nch and ~wry. shdl b~ bm~dist~ly dw w+d p~y~bl~s wMtl~ w not tha~ b~ eotiu ds
mand, ~nHnpt ro eoll~cl a wtt pendJnp: and the fvll amount of ~ach and ~y~ry svch payma,t sh~tl bw inte.~st fron~ ~M dn~ the~eof until paW ~t tht
raN ol nin~ p~r}oeotu~ pa ~ruiumj and all s+id ooits, charq~s and eape~s i~wur~d a p~id. top~tl+N w~~h wch intu~st, ahall M Na?r~d by th~ li~n of iha
mwpa~: .
6. ThN (a) in ths ev~nt of u?y M~ach.of this Mort9sp~ or default on tl» paA of th~ MORTGAGOR. or (b) in th~ went ~~ry? of s~id sums of mo~y
her•in nfe.r.d ro be na prompNy u+d fvlly~patd wi~hin ~hi.~y (30) d+ys ne:~ aftsr th~ tarrw s~vaally b~can~ dw ~nd paY~bl~, witho~t demand o? notit~.
w W Ia tM ~wn1 ~ach and w~ry ths ~tipvluiora„ a~r~e~nen», conditiorq and cnwnants of s~id pomiswry nw~ and this
iuy. p~anp~hr arx! fully perfam~d, d~scMr .~a~cut~d. ~ffed~d. ~~O+W~ +~Y w NtMr ar~ no1
~d compl~qd, comptwd with and abided by, tMn in ~itMr or any svch ~wm th~ s~id ~
pre~M wm mentioned i~ uid promiuory nots then remaininp unpaid, with int~~est aarued, and all moneys ucvr~d Mreby. shall b~oonw dw and pap
abl~ fw~hwith. Ot tIllfNflM~ a~ ~I» opran of said INORiGAGEE, u fully ~nd compwaty ~s if all of ths ssid wms of maKy ws.~ pginally stipuiaud
to b~ paid on wch day, anythirg in said promissory note or in this Mort~pe to t1+e cootrary notwithstandiop; ~ed thKwpon a t1~er~aftK a~ rM oprion of
uid MORTGAGEE, withovt not~cs o~ dema~d, wit ~t law or in pvity, tMreFw~ or tMreahar beyun, may be pras~cut~d a if all mor~ys s~cur~d Iwrtby
hid mahxed prwr ro in iratir~rion.
7. TMI tM event tMt ~t tM beglMi~g of w at any time pending any wit upon this Maty~p~, or to foreclos~.N, or to nfam N, o? to ~nfaq
paymtnt of any tlaims hereunder, said MORT('sAGEE sh~ll ~Pply f0 fFM COY~t Mvirl~ jlNifdiCtiOf1 tht~lO~ fOf fM ~PpOilltRllfll Of ~ RKlIVlf. such Courf ~MI)
forthwith appoint a receiver of said mortp+9ed property all snd unp~l~r, inciud~rg all and singular the inoonw. profits, issws ~nd tw~nws frwn what~v~?
w~rp datived, e~ch and every of whid~, it beinp expressly understood, is her~by mortp~ged p if spetifiully sN fotth Md d~wibd in the p?~ntinp a~d
habendum davset hereof, and such Recsiver ~hall haw ~11 the broad and efieetiw fwKtans and pow~n in anrwit~ ~ntrvat~! ar ~ Cowt ro a R~aiwr, ~nd
such appointment shatl be made by such Court ~s an admitted eq~rit;r and ~ rtyna oi ~bso{ute riphl w t+id MORTCsHGEE, ~rd without niNe~ ro th~
edeqvacy a in~dequacy oi the wlue of the properry mortgaged or ro the sohency or insolvency of uid MORTGAGOh or th~ d~fMdann„ and that such
rents. profits, incan~, iuues ~nd revenues ~all be ~ppli~d by wch Receiver accordiny to th~ tiN+ or squiry of said MORTGAGEE and,tl» paceip of wch
CouA.
8. To duly. promptly and fully p~rform. d'ncharye. executs. eHect, cornpbt~, comply with ~nd abid~ by oich and ewry tM stip~latiom, ~prsemu~ts, ~
conditans and covenants in said promissory not~ and this mortysys set forth. ~
9. That te th~ eveM the ownership of ths mortys~ed premises. or a~ryr psrt thereof, becomes vested in • perwn othK fh~n fhs MORTGAGOR, the ~
MORTGAGEE, ita succ~uo~s ~nd auip~u, ~yy, without notice to the MORTGAOR, dsal with such waessw or succeswr in interet~ with nfer~nce to 1hU
mwtpaQe and ~M debt hereby secw~d in th~ same rr~ro~er as with Mwtgsyo~ without in ~ny way vitiatinp a d~sclwr~irg th~ Mort9pors' li~bility Fwrr ~
unde~ or upon the dabt hereby secvr~d. No sale of the premises hereby mortgs~ed and no fwbeu~nc~ on tM pan of th~ MORTGAGfE a ita wcceuws
or auigro and no extension of the time for the payrr~nt of the debt hereby iecwed p'nen by the MORiGAGEE a its wcc~swrs or ~ss;yry. aha11 op~r~t~
ro nkae, dachary~, modify change a affect the wipenal liability of the MQRTGAGOR herei~, ~ither in whol~ a In part.
10_ It h specifically ~greed that Yvne h of the essence of tha conlract a~d that no wsiwr of u~y oblipatiq? herwnder w of t!w oblip~tion st
cv~d Mr~py sMll ~t ~ny tiee thereafbr be hefd ~o be ~ w~iver of thr terms hercof o? of tM iratnxne~t secwed iwby.
I 1. le ~dd~lion to the fwegoag mw?thly payments of princ:psl snd imerei? nqui~ed by . tlie pranhwry noie tecvred F~ereby, mdrt~~yor eovw?~nts
and qrees. to p~y w mwlgaqee with eac~?~month~r payment ao add~rioeul aum estima~ed br morsyaQN to be equal.b.-1/12 of the annud cost of tiK follow-
ing:
A-All real property Ysxes kvied w auessed against the sbove dewibed ie"sl. estate. ~ ~ • ~
B-Premiums on fi~e and windstwm insurance as hcrein required fo be orried on the imptpveme~ri sitwte on the abovs desaibed premises,
C-aremivms o~ sucA mortgage gwnnty irrsunnce as mwtgagee ~shsll~ from time ~fo ttme deem 1~t 'to utry on the loan setured hereby.
Mwrgagee shalt,fran time ro.r;me norify h~orfgapor: in writirg ot ths sma,nt dus seid payabb 6erwnd~. and wcA wm ~haFl M~ereupon.b~ due ~nd
FayaWe on the due date of the next monthlY p~Yment and exh successive month there~fier u~til mortgsyee shall notify mortpayo~ of a clNnpe in such
emovnt. Such sums shall be applied by mortyayee toward the payment of resf property qaes, i~wrsnte prem:ums, and matgaps g~aranty i~ursnce
premiums. .
IN WITNESS WHEREOF, the said N10RTGAGOR has herevnto set his ha~d and sesl the dey and ytsr iint ~for~taid.
ned, S~sled ~nd d~livered in the pres~nce of: fILEti l~': ~[v:?ROEO
st. i.uc:~ ~.OUMiY f~~.
~;i "F!S ~
i ~~~.-x. ~.C~1'7 C~'J°~ Q
1 ~cr~: r.-: 4
.
~ STATE Of FlOR10A ~ ' ~ `
' counmr oF St ~ iLCie , ~ ~ ' ~ i
eero.e ms penon.~~y ,ppea.ed DDn ald G. M?azd a~~~ ~ 1
W i l~a .T . Wa r d his wif., w n+. weu known .nd a~own ro a,e ro b. ;
the individwb desuibed in ~nd wlw executed thQifpr~ n~:nsvyment rd acknoM,led~ed b~fwe m~ that th~y ~~uwted ths sam~ for tl+e purpwp ~
thereie~ ~xpressed. And the se:d W 1 J Ward ~
a
w~1s of ~t,. ..id Denald G~ Ward . ~ • ~ ~
~ exsmination by me tsker~ sepsrate and apart from her said husb~nd, adcnowledped b~nd b~for~ m~ tMt she ~xecvted said irotr~ment fntly u~d volwr
rarily and withovt arry compulsion, constrsint, apprehension, or fea? of or from Ix~ id hvsl~nd. ~
3
~ WRNESS my hand and official seal thu 218t ~y ~ tOb ~ p• 19 75 k
a }
~ _ Pub~ic in and for tM Stat~ of fbrlda ~f Lup~ f
' Commission ~xpirp: t
5 Retwn To: •
4 fint Federal Savingt d. loan Association • , ST?~e ~ r'b•~3v al L:-;e
~ Of For1 Vferce. .i:;M f,p.ras :aFr.i 15. .
g
~ . Fort Pierce. Florida L. :.j :vr.•-r..~r. Rrc d. C:.~c,'•~
~ ~9~~~ . .
_
5 . . . ~ • : • - ~ • -
This Instrument Prepared ByJ. Hal Roberts~ Jr.
~ First Federal Savings b loan Association ~ y Q,•.,.
~ ~ of Fort Pierce ~ plorida 33450 _ - ~ _ {
~ ~ - s.` ~ . ^ " ? ' - ' ~
~ Checked By t~ - ~ : =
4 F l..~5 ~JI~,E ~ te_ J:
~ •
~ BQ7K . ~ Q
~ , .
~ . ~
~ ~ ~ .p.. ~•'::~~~,ee~~.,. '
, ~
~ - ' ;
_ a ~
` - z";~~"~~~,-,~
~~~,a; .
~~r„~, :
_ . _ ~ ; .~r.j- ~ _ .