HomeMy WebLinkAbout1034 1. To pt.c. .nd con,tM,ou~y t•.p on ~M buiid~np~ eaw w hH~+f~K ~ihe~t~ on saW land and on dl puipmnf ad pKtonally oovK~d b~? th4 mort~
~p~, wi~A all pr~miwn~ ~hsr~on pa~d in (ull, fin inswana N d» usual uarda~d polky forn~, h•?wn ~pprov~d bp th~ MORiGAGEE. ~nd wind~arw
Mwx.ec. i~ th. wu+l a.nd..d pd~cy f«m, M•~wn .pprowd by rA. M~ORtGAGEE. h wch ca~npany a oomp.nia .s N+. MORiW?ciEE e+.y ~
~~l Mld ~~kf ~ Wifld~Wf~11 MNWMK~ p0litiN OII My O~ Nid bYllt~ql~ My IfW~Kt tE1MfM1 W pMt f~1N~. ~11 f~M ~~piq iW11 ~~Of~Mb O~ ~
In ~xaa tM~~of, sMll coe~~~in tM wwl uandard morpapN dw~ a weh oth~r elww w Nr MortypM n?+Y MVuir~. nwkino ~h~ low wdK Nid po14
da. Nch M~d w~?y. PsYabl~ to uW ~NORiGAGEE q it~ IMKNt ma~ ~PP~w. ~nd Nth ~nd ~wry wtA polity ~MII b~ ptomplly ~ss:pn~d and d~livN~d t0
~ny Mld by aid MOItTGAGEE u fw~ha s~ewihr ~o aid maqp~ e1~W. and, ~w1 i~ th~n Nn (101 d~y~ in ~dvana of th~ ~apMNion of ~aeh polky. b d?:.~`~
11wr b utd MORTGIIGEE ~ ne~wal tl~e.~of. Wp~tlw with ~ neNpt fw th~ pneniwn of pKh r~,n,al; a~d tMn ~hall b~ no fin a windsram feawa~a
pl~ad on any of said bvUdinp~ any fn~.r~q thK~in a put tMr~oi. w+lna le ~M ~onn aed wttA th~ Iws p~yabN N~fonuld~ M+d in t!r ~wM ~ny wni '
of ma~Y bKOm~s p+r+bl~ u~d~ weh polky a poliws wid MORTGAGEE ~hall 1?~w ~M option w ne~lv~ and .pplr ~h. s.m. on aeeowu d ~M tnd~br.eE
nNS s~cw~J i»reby a a p~.mi~ ~akl MORTGAGOItS ro«aiw wd uN h a~nr part tMr~of fa o~ha pwposM„ wi~hout N+.rsb~ waivinp or imp~M•
~ ~~1? M~~hl. ~i«+ a riphf undK ar by virhw of thi~ mortp~qe~ ~nd in th~ ~wM wid MORTGAGORS th+U fa ~ny rwson fatl b kKp tht wid p~niNS ~o f;•r
w+w..d, « fa1 ~o d.nw. wo~ph «~r ot ..~d Poi~ci.s ot tm~.«x. a•+w N?OrtTC3~?c.~. « ~.si Pro~ry a wr w~N +~n? w•~+~w~ ~i,.~•to. o. tn .~y
resp~et (atl b Pafore~, dbchar~. ~x~cvt~. eff~ct, canpMt~. eomPh vrith ~nd ~Wd~ by 1ha oownant. a u+y put Iwr~of. wfd MOR?GAGEE nwy pi~a and
ar ~ wd~ t~sw.ne. a«?r p..~ ~.of wttho„r wati?~e+~ a.~haaw +m? op?ion, .~+r. or ripM unda a by viitw of thN Mwq+p~. ~d tM
fvil Mnow+t of ~ath and w~ry svth paym~M sMll b~ inrnad'wtely du~ and piy~bN and fhdl b~u intarest fran t!r d~t~ tMr~of wail paid ~t th~ taN oi
niM pK ow?tum p~r anewm ad topNher with-sueh internt shNl b~ sscvnd by tM li~e~ of this mplp~p~,
1. To p~rmit. ooarntt or wHu oo wut~. irnp~kment a d~t~riwatio~ of ~aid prop~rly a any p~rt tlw~of.
S. To p~y ~11 and sin~vl~. tM costa, clwp~s and ~xp~~, YxludLq ~ r~awn~bl~ anane~~ fN ~nd ooats of ab~nacts of Ntl~, kKwnd a p~1d at
•ny tim~ by w~d MORTGAGEE, b~ewH a in tM ~wm d tM iulun on ~M p~rt of ~M said MORTGAGOR to duly. promptly u+d h?W pMfaeh, d'aeM~
~xecvt~. ~if~d, oompler~, comply wnh a~+d ab+~M by ~ach ~nd ~wry tM ~tiqrbtlorw prsarwr?M. oonditioM„ ~+d aow~+anh of ~aid praniuory noN aeid tl+k
^wrtp~ +nY a~ithN. and said ca~+. d~u~s +od ~xpw+s~s, ~ad~ and ~y. shall b~ b~rn~d'wMp dw and payaW~f wMthN a not tMr~ b~ naia d~
m~nd. ~nampt to oolNct a wit p«~d^0~ aPd tM fvll arno~nt of ~ad~ ud. w~rY svd~ wYnwnt ~MN b~a? int~ryt f~an tl+~ d~t~ M+~r~of waU p~id ~1 tM
r~t~ of nine p~r centwn per ~n,wm; u~d all tiaid cwn, c!?~ry~s and ~xp~ns~s inpurd a p~id, ropNAN with such iru~pt, shall b~ ~~cw~d by tlw N~n of ti~k
^+orq+p~. ' - • .
6. lMt In th~ ~wi?t of ~ny buch oF this Monpaq~ w d~tavlt on Nr pan of the MORTGAGOR, w(b) t~ tM w~t u+y of wid ~wm d nwn~y
heratn nt«nd ro b. ~o~ P.o~~y .~d fv~y P,w wt~~, ~h~.~y (30) days rw,c~ ~ftw IM saen~ s~wrally b~come dw ~nd WY~bb. wi~hout d~nand a notio~.
or W tM ~wi+t ~ach and wwy th~ atlp~l~tiorn. +~~p, conditions and covNwnts d a~d promitwry not~ uid this maq~pe M+~r w~itMr ~n no1
iulp. promptlp and iu{ly p~rfwmd, dwciwrp~d. ~a~cw~d, effected, oompl~t~d, owepli~d with «~d abidsd 4y. tFw~ in ~itMr a a~yr sucA ~wnt th~ ~id ~
9ra9at~ wm mentarwd in said promiuory note thsn rem~inin~ unpaid, with imaest ~cuued, and atl maKy~ wcvr~d Mr~by. shall b~tnm~ du~ and p~y~
~ble fathwith, Of 1MfNNN. ~t tM oprion of uid MORTGAGEE, a~ fuly ud eornpl~~ey ~s H ~II of tM saW wms of
to be paid on such day, anythirg in said p?om;swry i+ob w in this Mwr ro th~ contr ~Y wen aqin~lly stiputa»d
~ald MORTGAGEE. without naic~ a danand, wit at law a in ~ t9he~rafon or rher
fN
nrnawithst~+nd t1~w~upa~ a tlnr~aflr? u tM op~ion of
had ~natvl.d ~4"~+r• bpvn,' msy proawt.d a if .1) mon.ya. s.ax.d h.r.by -
p.ar ro in ieqtirurion. ,
?Mt in N» weet that at tl» beyinnieg of w al any timt per~dieg a~y wif vpon this Mat9apt, o'~b. to:.do~. ir, a a..fo?~ n. o. a.nfio.o.
paym~nt of w~y claims M~eunda, wld MORTGAGEE shs11 applr ro tM Cow~' Mvirq jwisd~ctan tFurwt for' a~oinMNnt of ~ R~ctivF. iych .Co~xt tlyll
forthwith appo~nt a~eccir~r of ~aid mortpap~d property atl W+d s'wgutu, includ~rg all ~nd sinpula fM.L~oO~ profits„ iiwq and wv~iKlis ~}rom what~wr
wura deriwd. ~ach a~d ~very of wh~dw, it be+np ~nprenly w~d~rstood, is Mreby mort~ap~d ~s if specifiully sN forth and d~w~d in th~ ~raotinp a~d
haMndwn da~nes hereof, and wch Recsiwr shall Mw aB tlr brwd and eff«tiw funct~an and powe.s in ~nywis~ ~ntrusted by a Cowt to ~ Rsaiwr, and
•uch ~ppotntment sMll be mad~ by aud? Cowt as ~e ~dmitted equity and s en~tta of absdut~ rqM to said MORTGACsEE, ad without nisrMq ~o th~
ad~quxy or in~deqvacy of th~ v~lw of ~he p?op~rry nwrtpap~d or to rM whrency a insolvency of wid MORiGAGOR o~ th~ d~f~ndants„ and that wd~
rC~~ profits, incwne, iu~es ~nd revemxs sh~ll be appli~d by uxh ReoeNer ~coord~np to t!w lien w puity of s~id MORTGAGEE ard th~ practia of wch ~
6. To dvly, promptly snd futly pa~fwm, d'ischuy~, executs, effect complet~, comply wi~h and abid~ by ~ach ~nd wery th~ qipulatioe~y pr~
conditiona and covenann in said promissory nots ard this mortpaQe set fonh.
9. That in the wem tM ownenbip of the mortQ+ped Prembes. a any p~rt thereof, becanes vested in a p~non otlwr M~n tM 1MORT('sAGOR, th~ g
MORTGAGEE, in H,cc.saors ~nd ~ss;pru, m~y, r„ithovt notice to tl~s 1NpRTGAOR, dial wifh such waessw or wo~esso? ;n intanst witA ,r~fenece to this ~
mortp~ and the debl hereby iecured in tM sam~ marr~er ~s with ~IAwt~apor withovt in ~ny way vitiating a discFiarpiny tM Mon~apas• liability M?r
under or vpo~n tM deEt hKeby sea,red: No sd~ of th~ premaes herebp mo.fy~ped and ~+o forb~uanw oe~ th~ put of th~ N10RiGAGEE a its woasson ~
or ~ssp~a ~nd no extension of the tirne for ths payer~nt of tM d~bt haeby sacund piw~ by tM MORt6AGEE oF its wcassors or a~sipro. ~ll opaat~
~o mis~, dwcharya, nwdifr ch~n~e w~ffeet th~ aginal liabilrty of tlw MiORTGAGOR hvein. ~ithK in whob a-M p~rt.
10_ It I: sp«;fiully apra~d tMt tim~ a of the esssnc~ of ~Ns oootr~ct ~nd N»t no w~iwc of any obligation h~r~r or pf th~ oblipafion ~
cvred hertby shaU ~t any time thereaher b~ held to bt i waiver of th~ tNms h~r~of a of th~ instrumeM secwed h~rby.
11. In add~tion to the faego:ng ~„omhM Pay~„e~,n of princ'pal and tnterest required by the piomisaory note setwed hereby, mortyapor oowo~ny
and aprees to pay to mortgayee with each monti~lY paYment an add~rionsl sum estima~ed by mortpapee ro be p'vat to 1/12 of ths annual cost of the fdbw-
ing: . ~
S
A-All real property ta:es kvied a assessed against the above dewibed re~l esbte.
b-Pt~miums on fire and windstorm iiqu?ance ss herein requ;red b bs u??ied on the improvern~ny sihaN on tF~ abov~ descr~ed premifes,
C-Premivms on wch monyiye 9ua~aMy iruwar.ce as mortg~gee thsll from time to time deem fit to urry on th~ loan secu~ed hereby.
Mortgapee shall from time to tirrK notify mortgagor in w~itinp of tM amount duc snd payable h~rwnder ~nd such sum ahall ther~upon b~ dw and
paY+bls o~+ tl+t due date of rhe nsxt mor~thtY payment and each wooeuiw month therestter ~nRl morfy~pe~ d~ll notify mort~aQor ot a chuge i~ w~h
amouM. Such sums ah+ll oe applied by mortga9ee toward the paymtnt of re~l property t~xes, inwranc~ prem;vms, and mwt~ay~ yuawMy iroupnc~
premiurtq.
' IN WITNESS WHEREOF, the said MORTGAGOR hsa hereumo sef his hand and sea~ the day a?d ys~r firsf sfapsid.
y/ ~,Sqe~. 5~1.~ and delive~ad in tt~e preaence of: j ~ :
Ea~e.L~.~'2~ f1tED 1~~~' ~•:~iiDEO ~ ~ ~
't ^ SS. LUCtE ~v,hTY F~A- q ~
..,;?~~5 ob t ee ai ~
i ~ CtE: ~ ;~,~:7 ..OU~T ~
f ~rr: Lirida D. Srrain ~+n
~ ~
STATE OF fLORIDA j 31 9~~'~~
St. Lucie ~ 3~Q~6
~ COUNTY OF
E eefo.. me pK,on,~~y ,ppe,.ed Robert Lee SiNain
~ ~nd
Linda D. 9wain ~;t~, fo ~„~~i k~o~, «~a k~w~, m m. ~o b.
the Individu~b de~ttibed in and who ex~cuted the fore~oirg instturtNnt, and ack~wwkdaed be(wt rtr that they ~atuted the sartis fg t+.~ly+purpos~s
rhe?.in .~cp..:.~a. /1na rhe a~;a i,inda D. SMrain
~
wife of NN wid Rob ~ 4~d211 '""'~N
~ ex~mination by ms tsken separ~N and ~psrt from her s~id huaband, adcnawl~dped ro~nd b~For~ me th~t she ex~whd said inatnir~Nl ~
~arily ~nd withovt ~ny compulsion, consuaint, sppreF~ension, or fear of or from ha said husband, N~
~ WITNE55 my h~nd and oHicial ae~l t~+ ~-Q~i ~y ~ ~CtOb@Z ~ p_ j~~ ~ ~
` ~ e L7 T~ _ :
/ ~
- i.
~ • ~ NW~ry Publit in and for th~ StaN' ~b~ = f
i My Commiuian ~:pites. - `
Retwn Ta. ' ~i ~ ~ a ~•c
> Motory ?ci~i'iq, ~orlQ~ ~ j/t•y~v `
fi fint Fedet~l Savinp~ d. loan Association ~ . ~j~.
~ Of Fon Pierce. ~ ~ ~n~~ •'r,.
` lva~d~d b'p Mstito~ f!q ~I~a~ i.
~ Fort Piuce, Flo~ids '~i~:,t,r;
~ ~
g r
~ This Instrument Prepared By. John ~1. Col l in s
~ First Fecieral Savings ~ loan Association
~ . of Fo~t Pierc$ Flor ida 33450
~ Checked By ~ BODK 245 P~E1~~i
~
~ . .
. . .
_ dz/ 'wc
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