HomeMy WebLinkAbout0393 To plac~ ~e~d contin~wusly kNp on th~ b~itdinps oow o? h~r~afw? ptuat~ oe ~aid I~nd and on ~Il pulpnMt ~nd pN~ondly cowrsd bp tb4 morp~
p~. with ~p pr~mivm~ tha?wn p~~d in full, fir~ i~sur~nc~ in ~M ~swl ~undad policy forn~, in • w~n spprowd by fM 1MORiGAGEE. ~nd wlyditonn
imw~nc~ in ~M uwal ~undard poliq fam, M• wm approv~d by rlw MpRTOAGEE, in wcl? con~any or oompani~s a tl~ N10RTGAGfE nw~ ~s,x„
dinct~ ~nd aN fM~ u~d windawrm in~wano~ policie~ on ~ny of wid bu~~dMp~„ any ~nara~ ~h.r.in « p.n rFwwf, N fM apprp~h wm aforhaW a r....~
tn ~cass tMrwf, sMll cont~in tl» vswl aW+da~d morpapM cl~vw a wd~ alNe clww a ~M MatyapN m~y ~puK~. m~klnp 1i» loa undM ~ad po~
ci~s. ~ad~ •nd .w~y. P+r•bl. a said Al10RTGAGEE as in inMr~sr maY ~PP~+~. ard .acA and ~wry wch polky ~MII b~ p.omP~b aa~qMd ~nd d~Ilwnd b ~"i
~ny Mtd by s~id MO!l1GAGEE as funha s~tvrity to ~+id monpa~ d~bt. ~nd, ~w1 1~~ 1Mn he (10) d~ys M ~dvu?c~ of tM ~xpiration o4 ~acl~ policy. to dr r
tiw? to NW N1pRTGAGEE ~ ren~wal tMrwf. 1opNh~r with a r~nip~ for ~M pMniwn ot wch ~~w~l~ and tF~ shall b~ ra fa~ w windstorm iMwanu
pl~cad on ~ny of ~id butldlnps, any intKat tMr~~n a p~rt thKwf. val~u G+ tM fwm and wi+h the loa p~y~bli u~(or~id; ~nd M tM ewnt ~ny swn .
of mon~y baoom~s payabl~ w+dN wch policy a polici~s wid MORTGAGEE ~hall iNw th~ option ro naiw ~nd ~pply tM s~nw an accowit of tM lr~b~ed~
rnw Ntvnd hKeby w w pKmH Nid JNORTGAGORS ro nuiw and uw k oi ~ny p~rt t1~~of for othtt ~wrpo~, wilhoW tMrtb~ waivi~+p or aep~k- a
inp anr pvity, li~n or ripht ue~~ or by virtw of thi~ mors~p~t N+d in tM ~wnt ~aid MORTCsAGORS ~MII for ~ny nawn 4i1 b k~ap ~M aid pnmtsa w;,r
huwtd, a bll W d~liva pranptly ~ny o~ a~id polici~t of inswu~a 1o s~id MORTGAGEE, or t~il prompfly to pay tvllY u~y pn.niwn~ tha~fo~ w In anr
r~sp~ci f~tl b pa~n~ d'ixMr~e. ~xawN. ~ffM. compl~t~. comply vrirh and ~Wd~ by tAis oownant, o? ~ny part huqf. said Iy1pRTGAGEE may plaq and
p+Y fa ~~ch Gawanc~ w ~ny part tFwsof without w~Hinp w sff~ctinp ~enr op~ion, ti~n, puity. a rtpht widM a b~ viNw of this Mat~pe, and tl+e •
ful{ aeno~nf of ~ad~ aad ~v~ry such paym~nt shall b~ immediately dw and p~yabl~ and sl+all bar hfK~s~ from tlw daN thtr~of w?til paid a1 th~ raq ol
nir» p~t cu~tum pN amvm and topeeher wi~h t~th inttr~st ihali b~ secured by tM lisn of thh mwpp~. ~
1. To p~?mit, commlt w iutter no wab, impairmcnt a d~t~rior~tion of ~aid propKq or any p~r~ tMr~of.
S. To pay ~II aid sinpvlar th~ cats, charpes ~nd ~xpeess~, includinp a r~~wnabb ~norn~y's fM and co~q of aban~cM of titb, kmwr~d a paid
eny ~irn~ by said A~IORtGJ1GEE. beuuw a b th..wnr of ih. f~ilun on ~hs pan of ~M said liApRTGAGOR ro duy. prompty ~+d fvlly p~rforn~, di~cFwp~
sxecvte. ~ffep, compls~~. comply wi~h and ab~d~ by each ~nd wery the itip~l~~iwu, pre~meet~, conditions, and aownants oi said promiisory ewh and ~!w
^~~?p~ +^Y w ~itMr, ~nd w~d coin, cMr~es ~~d ~xpenses, e~ch and ~very, shall M Mnn~diately dw +nd p~yabl~t wMtha or not the~~ b~ nwiu dr
mand, ~ttempt ro colbct or wit p~nding; • and the full an+ount of sach ~nd ewry wch psyment sMll b~ar in~en~t from th~ dat~ tlrnof v~til p~id ~t th~
ra~e of nin~ pe~ te~tum pK a~wium; and all said costs, chupss a+~d exp~nstt intwr~d p p~id. ?opetF~ with wch int~r~st, sFwll b~ s~cvr~d by t!w lien of tlw
^wrtpap~: ~
6. iMt in tM went of any br~sch of this Mwtysp~ w def~uh on the part of tA~ MORTGAGOR, a(b) in tbe ~wnt u~y of sald tums of
he+ein hf~n~d to bs nol p~omptly ~nd fvlly paid wifhin Ihirty (10) d~ys next after tM ~am~ ~everally becan~ d~ and payaWe. wlthow dan~nd w~
or In th~ wer?t e~ch u+d ~very th~ s~ipulatiaa, ag~~emsnfs ca+dlrions snd coven~nn of s~~d promia:ory ~w~ and th~s morpap~ any a~ifFnr an ~w1
~uh, promptly apd fullY pNformad, d~scha?~ed. ~xec~ted, ~ffected, compyted, complied with a~d abid~d ~r, tlwn fn ~ith~r p anp wcA ~v~nt tin said a¢
pre9ate wm m~r?Yaned in said promissory nore then remainina ~npaid. with intarest scvued, and all mo~ey~ Ncur~d fwreby. shaU beaome dw and p~w
abte fathwith, or tMreahes, at ths option of ssid N10RTGAGEE, a fvlly ~nd compl~~ely as N all of tha ~sid wms of moewy wen w~p~naly ssp~,I~ted
to be pa~d on wch day. anythirg in sa~d prom~ssory note or in this 1Nort9aye to the ca?vary notwithstandinp: and therwpo~ a tF~~ahar ~t th~ option of
•sid MORTGAGEE. without notice a demand, wit at law or in equity, therefon a ther~aher bpun, may b~ prosxuted as if di momys qcvr~d h~r~by
had marured p~ar a ~n ios~irur~oe. .
7. TMt in the event that N the beginnirg of or ~t ~~y tane pendinp ~ny wit upo~ this Morfyap~, ot fo fpecloN h, or ro nfonn-h, or ro enforu
payment of ~r?y claims Mreunda, s+id MORTGAGEE s1+~ll apply ro the Court h~vieg jurisdic~ion thereof for th~ ~ppoindmnt of ~ R~c~iwr, wcfi Court ~hal1
fwthwith ~ppoint a raceiver of said mwtpaged properfy all ~nd sinp~la~, lndud~np all and sinqular the incnm~, p?ofib, ksws ud nwtwes from whatever
sovrce de?ived, each and every of which, it beirg ezpreuly unde~s~ood, a hK~by matpa~ed p if sp~cifically s~t fohh ~nd dewib~d h th~ pr~ntirg and
hsbendum d~wes hereof, and iuch Receiver shall have all tM broad and effective firnctiw~s and powen In anywise ~nuu~ted b~r a Gourt to wtsceiva, and
•uch appointment ihall be made by such Court ~s an ~dmitted equity and a rtrtta of absolute riyht ro said MORTGAGEE, a~d whhoul ref~renot to tl+~
adequacy a in~dequacy of ths wlue of the property mort~a9~d w to the whra~cy a iniolvency of said N1pRTGAGOR or Me d~f~nd~nts„ and th~t wch
rema, profits. income, issues and ~svenws ihall be applied by such Receiva accordirg to th~ liw~ or puiry of taid MORTGAGEE ~nd tM pr~ctia of svch ~
Court.
' 8. To duty, promptly ~nd fvlly parform, disch~rgt, execute, effect, compkte, canply with snd ~bide by each u~d tvery tM stipubtions, ~sert~sots,
conditioro uK) ooven~nts 'n~ said promiuwy nots and this mo~t9ag~ set forth. ~
~ 9. Th~t in the event •ths ow~ership of ths mort9aped premiks. or any pan thereof, becomes vested in a perwe~ other than tl+~ MORTGAGOR, th~
7NORTGAGEE, its succeuors and auigns, may, w;thout nof;ce to the MORTGAOR, dsal with such svcceuo~ or avctessor io interest with rsfer~ece fo tha ~
mo.tyspe and the dcbt hereby secured in the same manner as with Mort~sgw witFw~t In any way vitiatinp or distlwrp'mp the Mort9ayws' li~bility h~n- #
unda or ~pon the debt herebr searred. No ale oi tl» premises hereby matyapd ~nd no forbearanp on the pan of th~ MORTGAGEE or its suocessors
w auigra and no e~eternion of the time fw the p~yrn~nt of the debt l~eby secured yiva~ by the MORTGAGEE or iq successon or astgns, sh~ll opsa» #
to relsase, dischar~e, modify dMng~ or aHact the aig~nal liabiliry of the N10RTGAGOR hpein, ~ither in wiwlt or 1o patt. f
10. h b specNically agreed ~hst time is of the essence of t6n contract and thaT no waiwr of ~ny obli~at~o~ he~wnder w oF th~ obliyation s~ f
cured haebp shaU at any time ther~afi~r be.Frld to be a waiver of ~he tenru hereof a of the h~stnrment secwed herby. ;
11. In additioc+ ro the faego:ng monthly psYmems of princ'p~l and inte~est required by the proni~s~ory ~ore secu~ed hereby. rnortgayor toven~nis `
a~d agrees to pay ro mortgagee with each monthlY p~Yment an additionsl sum c~hma~ed bY ?~tp+~ae to be aqwl b 1/1"! of tM ~m~al cost of the fdlow- ~
ing: ' .
A-All real property taxes levied w assessed against the above described re~l es~ate. i
B-Pr~niums on fire and windstwm insurar,ce u herein repu"aed to be urried on Ihe impravemenb sitwte,on the above destribed premiaq.
• C-Premiums on such mort9age 9wranty inswance as mortgage~ shall from t~me ro time deem fit ro urry on the loan secured h~reby.
Mortq~gee shalt from tim~ tD tlme notify mortgayor in writinp of the ~n+oum due and p~yable hereue~der ~nd such wm ihall thereupon be dve snd
payable on tlx due date of the next monthly payment and each successive mooth tlxreafter until mortyagee shsll notify mort9agor of • chsnye in tuch
nmouM. $uch sums shall be applied by mortgagee toward the psyment of rtal property faaa, inwrance prem;wns, and mortpays gwranty ~nsw~n~
premiunti. _
IN WITNESS WHEREOf, the said MORTGAGOR has F~ereuoto set his 1?~nd snd seal the day and year Pusf afaessid.
S~O~ad. Seabd and delivered in ths pesence of: fILEO ~N9 ~CEi:ti~
ST. LU~~r. =OUNT~'~'1.~. 1 '~JI'
) RO = n~Tf~S uj~~ (5e+q
~ czr.~~ ti -..i;,~ ca;?Rr ~ n
p E " 1 _ . : . n ~ l~t.ttir,t: ~a~
~ ,
' ~ / ~ ~3 ~ ~ P~ '?5 K-:~
~ STATE OF fLORIDA 31~~9
~ courm oF St . Lucie }
Bef«e ms perwnally appeared ~V~lle R. p8lkS
~ uise . sr s '"d
his wife, ro me vwll knawn snd krawn to m~ to b~
k the individwls desuibed in and who eaecuted the faeyoinp instrwnent, ~nd atkrwwlsdyed before ms that fh~y ~x~wted th~ wrne for fM purpos~s
i ~he?ein e:preued. aia rn. sa~d Louise T. Pazks
~ wifs of ~hs ~+~a _ ~rvi71 R Parks , u~, •..~„r. +„d ~,~a
examinat~on by me taken separate and apan from her ~id hvsband. ~ckrwwledyed to and before rrw that shs exacuted said irotrument ftK(y and volwr
rarily and w~thout any comp~lsion, constraint, spprehens~on, or feu of w from har said hufband,
i WITNESS my hand end official seal tbi= 21St ~y ~ p, 19 75
i
otsry PuWit in u~d fw tbt Stst~ of Fbrida ~f larp~
y Commiuio~ ~xpir~s:
Return To: '
' Fint Federal Savir?9s ~ losn Aiwci~t~on No1ory Pulrliy Sfa1~ of Mbrido ot tueq~
Of Fort P~erce. Mr ~onwnis~ien E~im April 1S, 1978
. Fort Pierce, F~orida dond~d br Arn~icon Fir~ 6 Cawoltr Co.
`,,,,~~~,tuu~~,~~~~~~''
?J...., ~ 3,,,,~.
. ~ ~ _ ~
; This Instrumen~repared Byt1. Hal Robetts, Jr . " ~ 4 ~ %
i First Federal Savings b loan Association ; ; : ~ ; -
' of Fo~t Pierce, ~orida 33450 _ l~ J~~=
O A~ •
~.,p ~ • i~ ~ ~i. JW r:
Checked By d7r' ~
`y ; ; Q
.
~ 1 ~s 39'~ s A~.~
~ o R ,'~~''~~A~~~u~ns~~``````
, BooK 245 P~~ 39Z
SA
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