HomeMy WebLinkAbout0795 To pl~u W?d continuou~ly kNp on tM buitdiry~ r+aw a M~tafta utv~l~ a+ ~aid I~rd ~nd c~ ~II puiprn~nt N+d p~rwn~lh oova~d b~i thia n+ata
p~, with ~U p~~vms ~hawn pa:d in futl. iin i~uu~~na in tFM viwl ttandud policy foren, ie a wm approwd by IFw MORTCsAGEE. and windatwm
Mavrw~a in th~ wua) ~~u~d+rd pol~cy fam, tn a~wn app~ovd by ~M MORTGAGEE, fn wch comP+^Y a~i~ a thr MORTGAGEE nwy
dY~d~ and aN fin and wwKbwrm irowu+c~ polkwi on any of wid buiW~npa any in~at tfwnin a puf tha~oi, in tFw pp~p+~~ wen ~faaaW a....
N~xca~ ~Mr~of, ~MII conain tl~ vwal ua+d+rd n?ar9ap~ daw~ a wd+ othw dww a tl» MaspapN m+Y ?puin. nwkN+p tM Iou w~da ~aid po1F
cNt. Nch ud ~vKy. D+Y+bN 1o wid JNORTGAGEE a iri intKNt ma~ ~pp~N. and eacl~ r+d ~vNy tuth policY ~haU 6~ WortWtM ~ss:pn~d and d~ItvK~d M
any MW by said MORTGAGEE ~s furtha ~sn+rity lo s~id mohyap~ deW. +nd. not I~u tMn te+~ p0) d+1r~ in +dr~nc~ of dn ~xpkation of ~ach policy. ~o d? E
{ivM to aW MORTGAGEE ~ ~a+ewal tMnof. to~ethtr witA • ~~t~ipt fa th~ pnmiwn of s~th r~new~l~ and ~Iw~ shall b+ no fir~ or wind~tam M~wMU f
plaad on ~ry of said bvitdinpa, aoy inhrat tha~in a put tFw~of. w~~lsu in tM fam and wNh tM bu pay~bl~ a afor~s+id~ and b~~wnt ary wn~
of mpNy b~cpnnq payabl~ undK wch polky or po4ti~t wid MORTGAGEE ~hall hav~ 1!N optan 1o r~oeiw and apply rM a~ an acoow~~ oF ~M ind~b~d~ ,
n~q wcw~d lw~bp a a perm~~ Nid MORTGAGORS ro nc~iw ~nd uw it a~ny part tikrso( fw o~h~. pv.pas~, witlaut thxeb~ w~ivinp or anpak-
inp aoy pdry, pM w riphl ix~dn w by virtw d tNs mortyayq +nd in tM twet ~aid MORTC,AGORS ahall fa ~ny reawn f~il to kkp th~ aid p~n+iws w_. ,
ierured, a f.il b d~livK D~«^P~~N ~^Y of said polid~s oi i~wanca ~o s~id MORT(iAGEE. a bii promp~lY b P+Y ~+~h? +~W D~emium ~hR~fa w in ~nr
nsp~et f~ii b paiwin, discMrp~. ~x~cua. ~ffact. eomPl~t~. comPN wNh and abid~ by Nds oow~ant, a ~ny paN l+Kw~. wid MGRTGIIGEE may pl~a and
MY tor sucA 4awa~ a u?p p~?t tF~wf wirhout walvinp a~fhctinp N+p oMion. (i~r4 ~4~+~h?. a ripht undK or by vl.tw oi Ndt Monppt. and tht ,
full amo~nt of ~ath and wery such WYm~nf sMll be imm~diaf~ly dw and p~y~bl~ u~d ~1NlI bs+? intaht fran th~ daN thawf un1i1 paid ~t th~ uN d
niew pa ceatum pM ~rwwm ~nd topNher with wch htKKt ahall b~ secured by fh~ li~n of thi~ monppw -
1. To pamH. comnH a s~HK no w~sf~. M~p~irm~nt w d~tKiorstan of ~id propNty or any put d+~~wf.
S. To pay aH and stnpvlu tht cwt~, chsrp~a snd expen~e~, incl~rdi^0 ~ nasoMbb aaa~wy's fM and oub of ~batraett of titl~. incunid or paid at
any tim~ by wid MORTGAGEE, bacavs~ a fn rt» ~ve~t of U» fai~~ oo fM pah of the saFd MORiGAGOR a dvly. promp~ly +nd futy pufa~n, diuFw.p~
•x~cvt~. ~(fsd, oomP~~N, compty wi~h and ab~d. by ~ach and wery ~h. uip~l.~~a+s, +9~..me~a. oonditiorn~, •nd oovenann of ~aid promiuory na~ and d?i~
martysp~ ~nY or either. and said cosb, dwyes u~d ~:pens~s. each ~nd wery. sh~lt b~ Gnnadi~tdr dw ~nd p~rabbt whetMr a not tMre b~ nWiu d~
mand, utempt to oollect u wit p~nd~np~ and tM fufl anwunt of eac1~ and rwry wch payment ah~ll b~a~ inter~sl iran /M daf~ ths~eof wNil p~id N tM
rat~ of ~in~ per untum per aruwm; and all ~aid aost~, cFyrp~s and exp~nsts ina+rr~d w paid, topNMt with wch int~rqt, ~h+ll b~ a~cw~d by tM li~n of tFw
~
6. ilwt in ~h~ ewnt of any bnach of this Matps~ w defa~lt on Hr part of tM MORTGAGOR, or (b) in tM went ~ny of wid tweu of mon~y
h~win r~ftn~d to be not promplly ud fulty paid within thicty (30) days n~xt ~iter ~M same ~ew.~lty b~can~ dw and parabb, withwt dMwed a notiu.
01 (C~ Ifl flf0 fVlM lKII afld Wlfy ~I1f tt~lllitlOfM, ~(~O~Mf1f{. COrlfJirions ~nd cov~nann of ~:n P.o~+tis.wy ~w. and tha morqap~ any a NthK u~ nol
ivh, promptly and f~lly pKform~d, dischuQed. ~xea?ted, ~ifeued, ovrn,pt~ted, compli~d with ~nd ~bided 5ry. tMn in ~itMr a any wd~ rwat tM N~d ~
prey~t~ wm a~tioned In ssid promusory not~ then r~mainiry unpaid, with inte~ast ~ccrusd. and all awneys s~cw~d Iwr~by, shaU beoar~e dw and pay~
~bl~ fathw8h„ a thcre~ftd, at tM optan of said MORTGAGEE, u f~lly and canpl~ttty u if all of tF» ~sid swns of mo~+ey wen ag~lly atipulated
to b~ pa~d an ~uch day, u~ythinp In sa;d prom:ssory note w in thh Mortpa~ to tM contrary ratwi~lutandin~t snd ther~upon a thwe~h~r at th~ option oE
uid MORTGAGEE, without notic~ a demaod, suit at law ar in puity. tMr~fon or thsr~afta b~yw~, iiwy M pros~ew~d a~ N al) moMys s~cvnd h~r~by
had tn~fured prqr to iq institvtioa. , `
7. Tha~ in th~ event tMt th~ b~yinninp of w at any tim~ pe~d'irg ~~y wit upo~ this Mort~ap~, a b fancloN, h, or ro nform H, a to u~fora
paym~nt of ~ny claims hKevod~r. said 1NORTGAGEE shall apply ro tM Couh havinp jurisd~ction tl~snoi Iw fIN appointm~nt of ~ Reaivw, wd~ Court ~hall
forthwith appoinl • receiwr of said mwtyaged propertY dl and sinpulu, incfud~ng all and s&qvlar tMN ipoonN, profiti. iMws and twirw~a fran wMt~vK
eouru dsrived, e+ch a~d ~very of which, it beinp •xpreuly undentood, is hercby m«~gaged a if spec~fkally ~et fath Md d~iarib~d k~ tM pr~ntinp snd
h~bendum clauses hereof, ~nd sud+ Receiver shall have ~11 the brosd aed effecrive fvnct~ons +nd powen in anywis~ a~trust~d by ~ Caxt w a R~ceiwr, and
•uch ~ppointm~ot shall be m+de by suth Court a~ en admitted equity ~nd ~ maner of absolut~ righ~ fo said MORTCsAGEE, ~nd witho~l refer~e+p w th~
edequscy or in~dequacy ort the valw of the p?ape?ty mortya9ed or ro the soivency w in~olvency of said MORiGAGOR a tM d~ftndants, and tMt such
renes, p~olits, incans, iss~res ~nd revenues shall b~ appliad by such Receiver sccord~np to tM lien a puity of said MORTGAGEE and tM pactia d wch
Court.
8. To duly, pr«nptly ~nd fully pe?form, discharge, execvte, effed, oompkte, compty with end ~Wd~ by txh and ~wry tM stipulatioia, a~eem~nts,
cond'itions u+d coven~nrs in sa~d promissory nw~ snd this monya~ set fo.t6.
9. That in tM event the ownenhip of tht mortga~ed premises, a am? p~?t tMrwf, beoomes wsted tn • pato~+ oMwr th~n tM 1NORTGAGOR, th~
MORTGAGEE, in ~ucceuws and su`pns, may, without notice to Ihe MORTGAOR, d~sl witb ~vcfi wapsw a suaes~or in hhrN1 with refer~nu to tF~ia
mwt9p~ snd the debt Ixrrby secured in tM sama m+me~ as with Mor~yago~ without in any w~y viti~Ymp or disclwrpi~g tM Mwt~sqws' 8~bilfry Mn~
unde~ w upon the debt hereby secured. No satt of tFw premises herebY mat9+~ed ~nd no forb~u~noe a+ th~ part of the MORTG/?GEE a its sucoessors
w assigns snd no extens~on ot tM time for the payenenl oi tha debt I+ereby secwed 9iven by tM MORTGAGEE,a its wce~ssors or suipns, sMll opvat~
to ~ekase, d~schsrg~, modify change w affect the original liability of tAe MORTGAGOR har~ir4 ~ithK in wlwb w M pwt.
10. It is specific~lly sgreed thal time b of the cssence of this contr~ct ~nd tMt no waivu of ~ny obl'q~tion F~er~undet a of ~h~ oblip+tio~ N-
cvred hereby shall at ~ey time thereafter be heW to be a waiver of the terms hereof or of the irntrvm~nt secvred he~by.
11. In addi+io~ to the foregang monthly paymeros of princ:pal ~~d interest required by the p~omis~ory note secured hereby, matpapor cov~nanfs
and aprees to pay to mortg~gee with each monrhty psyment ~n ~dd~reonal sum estimated by mortpspee to be equal to 1/12 of the a~nusl cost of the follow-
ing: -
A-All reat prope?ty taxes levied w assessed agai~st the ~bove described real estste.
~ B-Premiums on iirc snd windstwm insvrance as he+ein requ~red to be urried o~ the improvemenb sitwte on the above desuibed pnmiNa.
~ C-Premivms an such mottgage gwraMy insuror~ce as mortgagec shall lrom time to fime deam fit to tarry on the bsn setvred hereby.
i Mwtgagee shail from t~~ to time noNFy mortgagw in writ~ng of ths ama,nt due and payabk hereunder and suc6 svm shall tF~erwpon be due u~d
payabk on the due date of ~he r+ear monthly psyment and each successive month thereafter urti~ mortgayee shall notifr mwtyayor of ~ durgt in wth
amount. Such sums shall be applied by mortgagee towa?d the paymeM of rea) property tazes, insurance prtm:ums, and mwt~sps gu+canty inwr~nq
premiumf. ,
IN WITNESS WHEREOF, the said MIORTGAGOR Ms hereunto set his hand and seal the day and ysu first afww
Sipned. Ssabd and delive?ed in tht pese~ce of: ,~Q~~d4l.~'~J~~I~/~'~~7~I6rsCf
n
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STATE OF fIORIDA ~
St . Lucie ~
courmr oF
Befwe me personslly ~ppeared Harold H. Marshall .
Ma r i on J. Ma r s h a 11 hK Mrife, ro~ w.u t?~o,~ ,~d k~w,M+ so ro b.
the individwts described in ~nd who executed the foreqanp instruma~t, and adcrwwledped befon rew that they ~x~cuted tF» ssrrK for the pwposa
r~?~~ •xa~d. a,d rne said Marion J. Marshall
w~re of th. wid Harold H. Marshall P,~,i~
exsmin~tion by me tsken separate arr! spart from her s~id h~b+nd, ~ckrwwledged to and befon m~ tMt sl+~ executed uid irotnxnent karlr uwi volum
tarily and witMovt ~rryr compulsion, comtraint, apprehero.a~n
or fear of w from her said huiband. . '
WITNESS my Mnd ~nd offitial ual thi+ day A. D. 1975
~ . ~
Notary P~Nit in fw t ab Of ida at lsrpe
My Cortvniuion ~xpires:
Return To: , _ _
~ Fint feder~l Savir?gs b lwn l4sociation
~ Of iort P~erce. - ,~:4~N::r ~ .
Fort Vierce. No~ida - f :
~t~~uc~~~,~J~kt1f Fl • ~'r••;,`
Sj f.~G_~ ~"TRA Ua1
This Onstrument Prepared By Gary F. Ellwa f L'1~ C~ ..-r;.; t
p~(??" Vi~P ~rt~ t - " '
First Federal Savings b loan Association ¢ q ~
of Fort Pieres ,Rlorida ,O ~1 ~ ~ I~J "f;°.'<~,r~'; ~"~::`.c~y
j
. E~;-r
. Oci Zy , ~ ~
~ -i.i~~.
f ,r'.'i'~ i ' ~t _
Checked By i ,C~~~
3199~.0 ~'~'~rn~~„r;,.
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