HomeMy WebLinkAbout1038 To pi~a awd conti~wou~iy kNp on 1h~ bu~ld;np~ now or 1+KNftN ~ih~~b on aW I~nd and on dl pvtpnwnr and pKwn~lly oownd by thb nwrq~
p~, wifA dl pr«niwms ~hKeon paid in fu14 fu~ in~w~nu in tM uwal i~andard poliry fomy in • ~wn ~pprowd by IM MORTGAGEE. M+d wi~d~rore~
i~w,ra+c. In ~tr wu.l u.nd.rd poGcy fam. N• swn •ppro~.d by ~M MORT~iAGEE, In wcA comp.ny a oanpania M. MORTGAGEE nay
dtnc4 a~d atl tir~ ~nd windawnn inwrana polkiN on ~ny O~ NW bVlWir~y My (f11Kp1 fINI~G1 W pMf IANW~, M 1h~ ppr~qa~~ wn? da~aid a~` s
In ~xaw thNwf. ~h~ll conaln tl~ vwal u~nclard ~,w~qao.. d«n. a wcA a~nr dw•. « d+. M«?oso.. ~+.r ..~u~ m.l?t~ +h. ~a. ~d.r u~d Pou~
cN~. NcA and w«y. wrab~. a uid MORTGwGEE ~ in inr«a~ may app.r. «d ~ach and ~wry? wd? volicp ~hall b~ aamWh ua:~d and d~uwr.d a
~Mr h~W by ~fd MORiGAGEE fv.rMr Ncwtty a uid ~no.~yap~ deW. ~nd. not lew than fM (~0) d~y~ in ~dvana of ti~ ~xpir~tion of Nch PoIkY. ~o d~ t~•v
Iiwr b uld NWItTGAGEE ~.e~wal rl~wf. roq~~hK with • nalpt fw eM pr~tvn? of wd~ ~~n~way w~d tMn ~MII b~ no fw~ a wt~~ain M~w~
plapd on any of wid buildlep~, ~ny iota~q tMran a p+rt N~wi. vnieas in tM form ~nd with tM loa pay~bM N~iortuid~ eid In th~ ~wM +nY sun~ .
of mon~y baan~s p~yabl~ ur~ wch policy w polici~f aid MORTGAGEE ihall Mw th~ option ~o rtuiw ~nd ~pply tM wm~ on aooount of tlw k~d~btd~
nw »cw~d Mr~by a a pe.mi~ said MORTGAGORS w na~iw ~nd ua it a~ny parl tMr~of iw orher pwpo~rs, wi~hout thKeb,/ w~ivinp w imp~io- ~ a
~^Y +^Y ~b. Ibn a riphl w~d~r or by virtw of ~his matqapq ~nd b tM ~wnr ~aid MORTCaAGORS sh+0 fa any na~on bq to kNp th~ a+W pr«nisK w w_,~
a+.w.d~ a. f.~i a d.iiw. wo~?wb «~r of ~+~d ~~ci.s o~ ~nswa~a ro ut~ MORTGAGEE. a raa a«~~b ro ar w~N •~w a•~ ~•••r« w M.~+r
n~ct fail b p~rfor~n, dbchar~. ta~cut~ ~(hct, compbt~. oomplY wi~h and abid~ by thi~ cown~nb o~ +eY P+N hs~wf. wId MORTGA<iEE ~nap pba and '
WY for tuch Irow~K~ o~ ae~? part theraof without waN&g w ~H~tiMq anp aWia4 ti~. pwb. or ~ipht undN o? by vktw of tNt Mort~+p~. aid tht
fvll ~nowu oi Nch and ~wry ard+ parm~nt s1++11 b~ imn~dl~»ly dw and pyaW~ ud sfia11 b~s~ E+?tKNt han tM daa /Mno1 until paid at tM ~aN of
nin~ pN antun+ pK arowm and topetha with uxh int~.sst ahali b~ savnd by tM IiM of tM~ na~tp~pa .
1. To p~rmit, aommit or wff~r no wait~. Gnpairm~nt or detKioration of uid propKtr or Me~? pat tMrwf.
5. To pay all and sinpv~a th~ coau. chwpea and ~xp~naN„ kKJudinp ~ rsasonaW~ ~ttorn~y's fN ~nd owts of ~bstratta of titi~. Mcwr~d o~ p~W ~1
~ny tLn~ by said MORTGAGEE, buaw~ Or in tM ~venf o/ tFN f~iq~n on tiw part of tM wid MORTGAGOR w dul~?, ptomptly and fvlly p~tforel, d'ittA~
sxeevt+, ~ff~et. oomplsr~, eomply with aod abid~ by ~xh and wery tM stip~uora. ~pre~nant*, oonditiaa. ~od oowewnq of wid promi~wry ~ot~ and this
^+aep+p~ ~^Y a Ndw~, and s~id cosM. chupe~ ~nd ~zpera~a, ~ach and ewry, sh~il b~ imn»diat~ly dw and payaWe: wMtMr or no1 tF~~ b~ notia d?
mand, atN+npt b oolbzt or wH ~np~ and th~ ivll amou~?t of each and ~wry s~ch p~yrnent sh~H bear int~rest frpn th~ d~N thenof vntil p~id N 1M
rat~ of nin~ ps~ untvm pK ~nnum; +nd all aaid oet»„ chup« ud ~xpenses kKUrr~d a~ p~id. wpNhtt with avth intwat, ~F?~11 b~ s~tw~d by tl» Uw~ of Nas
mo~tp~yw ~ -
6. T1?~t (d tn tfie ~wet of any br~ach of tNs Mortya~ w def~ult on th~ put of ~M NtORTGAGOR, oc (b) in th~ ~wm ~ny d wid wn+~ ot ma+er
hKetn nf~.r~d w b~ ~a promptly and fv~ly pild within thirty (~0) dari ma~ aftar tt+~ same Nwrally becan~ dw ~~d P~r+bh, whh~ou~ d«n~nd ot notio~.
w(V tn tM ~vrm each ~nd ~wry tlr stipv{~tioea. +~r~nts, conditiaa uid coven+nn of sa~d promiawry noq and this mo~qap~ ~r a~itl+w ar~ eol
iulp. PramP~ly and tuur pafor~+.d, d~sch.ryed. ~x~a+~d. ~ff~ned. compl~t.d comPli~d with ~nd abided by. ~Mn in ~itiw or aMr such w~nt th~ a~id a~
p~e~t~ wm m~nt'a~d in uid promiswry not~ tMn r~maininp w?paid, with intarpt accrued, ~nd all rno~wys Ncw~d Mr~by. ~11 b~aoin~ dw ~nd p~p
abte fonhwith, a tM~wh~r, ~t tM oprion o} said MORTGAGEE, a fvlly x~d w~npl~t~ly ~s if ~II of N?e aid awro of nwn~y w~r~ orpin~lip ~tip~l~t~d
ro b~ paid on wch day, anythinp in sa;d promissory ~wre « in Mts Mo.roap. ro~M conua.y norwi~latandin~ and Mw~•upon a th.reah.r ~h. op~ion of
uid MORTGAGEE. witha» naio~ a dem+nd, wi1 p law o? ie ~9~+itY. ~t~dore or thareafie. b~yw~. may b~ proNCw~d as if all nar~ps ~~d I~nby
Md matw~d ptqr ro ib irutifutio~.
7. Th~t in tM ewnt tAat at th~ b~imirg of a at any tNne pendiny any wit ~pon this Matyap~, ar b, for«Jo» k, o? to ntone M. or to ~nfora .
p+ynwn~ of ~r d~ims Mreuala. wid MORTGAGEE ~hall apply to the Cov.t h~virg jwisd~ction tM~eof for th~ appointmsnt of ~ R~piwr, wd~ Cow~ slull
forthwith ~ppoint a ne~ivK of ssid mort9+p~d prop~rty all and sirg~?lar, Indudag all ~nd sinpul~r tM profits, i~we~ ~nd hv~ew~f frpn whatw~t
wwc~ daiwd, ~ad+ and wery of whicl~„ it beinp expreuly undNStood, is her*by matyaped ~s if ~pec~iiully ~et iath and dMCr~d in th~ pr~ntiop and
h+bMd~xn da~s hereoi. x+d such Rewiwr ~hall haw all th~ lxoad a~d eHective fund~orw and powNS in anywise ~ntrwted by a Courf fo a R~uiwr, and
sud+ appointmem shall be m+d~ by wch Cwn a~ an ~dmitted eqvity and ~ mnrK of absolure rqht to wid MORTCsJ1GE~, and without r~fer~np b Hr
edequacy w in~d~qwcy of tM val~x of th~ prop~rty nwr~p~g~d or to the ~onr~nqr w iniolvency of said MORiGAGOR w the defsndants, and th~t wcfi
renn, profits, incane, issuss and r~venwa ahall 6~ ~pplied b~r wcf~ Reuiva accordind ~o th~ li~n a puiry of s+id MORTGACaEE ~wd th~ pwctia of wch
Caxt. ~ - •
8. To doly. woR+Prh ,~,d h?iy P..to.m, d~?~..~.. ~xecut~, effect, comptet~, oomply with snd ~bid~ by wd~ and rwry th~ stipul~tlom. +~re~mnt~.
conditaro and covsnanea in s~id pomisiory nw~ and this mwty~ set foNh. .
9. ?I»t in tM ev~nt th~ ownsrship of tM morq~yod prani~es, p~ny p~rt tiw~of, b~oom~s vrst~d in a pKton otha than th~ MORTGAGOR, th~
MORTGAGEE, ib waessors ~nd a~si~q, may, w~fhout notice to the MORTGAOR. d~al wpth such sua~ssor a wae~sor in intpest witl~ nfanea b this
mortpape and ths debt haeby secwed in tht ssms manner ~s wit6 Moreya~o? without b ~ny war vttiatinp a d~tfw~inp tM Mortps~ort' (i~bility I~t
und~? w upon the debt bereby tew~ed. No s+k o~ 1M premises hereby morty~ped ~e+d no forbearanca on tM parl of th~ MORiGAGEE a ib wonssors
w~ui~s and no exansion of ths time .fa th~ paY~n1 of ~hr d~b~ heroby ucwed yiven by th~ MORTGAGEE or ih sucots~wt ot psipes, afwll op~ra»
to r~leas~, d~sd~upe, eewdify chanpe a affed the origirtal li~biliry of ~he MORTGAGOR hereiry ~NMr in wlwl~ or in pxt.
~o. rr ~~~rK.~y ,~~a ,~„r time is of tM esxnce of ~his taur~tt ~nd that no waiver of ~ny oblip~tion ht?wnd~? or of th~ oblip~tion sr
cw~d Mrsby ~hall at ~ny time ti~c~her be hek! w t» a w~ive~ of the tem+s hereoE w d th~ iraaumsnt secwed Mrby: ~
11. In add;tion to tF~e faego:ng monthty payments of princ:pat and interest reqvired by tM promissory nole secvred hereby; mort~aQor oove~snts
and apre~s to p~y eo mortyay~e with e~ch montfily payment ~r? ~ddi~ional wm euimated by mortpap~e to be pwl to 1/12 of ths ~nnua! cast of ths follow-
in9c
A-All ~eal properry axes kvied or assess~d ay~inst tFK above desc~ibed real esta~e. • ~
B-Premiums on (ire and windstorm iroursnce as herein requ~red to b~ urried on the improvements situ~t~ on fhe ~bovs described premius.
C-Premwms on suth morfgage guarsnty insura~ce u mwfgsgee sh~ll irom t3me ro time deem fit ro wry on the ban searred hereby.
~}9+9K shall faom t~me ro tirne norifY ^+~9+9~? In vvtiting of ths.amoum due snd p~yable M.eundK and svcfi sum ihaN' N~aevpon bs dw and
payiWe,on tia due date of the nexl monthlY paYment and eath wooessive month thereaher unlil mort~ay~e slwll notify mort9spw of a clwp~ in such
anw~mt. SucF? sums shalt b~ applied by mwt9ayee towsrd the p+yment of rea) property faxes, inwrance prem:w~u, ~nd mortp~ 9wraMp inturanc~
premwms' -
IN WITNESS WHEREOF, the said iNORTGAGOR h+s herevnto ~ef his hand ~nd se~l tt~e day and y~ar first afor .
~ Signed, S~al~d and delivered in 1he prestno~ of:
' f~+_EU ~ ~,{y,lA p , n
' 61: ic! ~:::~sM~~ f~A. ` Ann S. Gord a arr ied wo
~ ~ ~CG: h f ~i;R1~
' ClfRt ',r,.~i7~dyRt ic~.q
~
I prr~a~ ~~-r.: = r~
~ - rs..n
STATE OF FLORIDA ~ ~ ~ ~ ~j~L1nL+p
~ ai VllpfJ
cour~n oF St. Lucie
~ d~fors ms p~rsonally ~pp~+nd Ann S. Gordy, a aarYied ao~an ~
hlrwifl, to me wtll known and known to mt b b~
the k?d'widwt described in ~nd who executed rhs fwpoirg kutnnrWm, and ~clcnowled~sd beforo ms that She ~xewted t!w sam~ Ew th~ pwpw~s
rherein expressed. /lstd~l~~a
wif~~f.~ir.s~ir ~~ti'
~ e~wirw~~~yK~s•t~M~w~arab•~+~~f~ow~.tr~.Mid •~i~r~s~w~Iw~~~A+r~swii~artw~wN~h~~w~wluw-
~aAy ~nd-wi+ha~ ~ny~cen~p~,lsise~ ser+i+nlnr, ~pprelwwwon- ei~ ee-HaMwn~id i+etbn+ek
~ WI~IESS my hsnd ~nd official seal thia 3O ~ day of October A, D. 19 75 ~
~ a~~',~.G~-~~ %j '
~ ;
a . Notary Vublic in ud fw~ St~t~ of florida N Luy~ i
~ My Commiuion ~apires: ~D •?5 4 7~ i
~ Retum Ta ~ .
~ Fi~st F~d~r~l Savings 3 loa~ Aswciation . ,
` Of Fort P~erce. '
~ ~ fort Pierce. Florids `~~~ti~?~ IU~f~~~ ~ -
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ti ; ~ J' /f~
- ~ ~ ~
~ 6f~ ~ ~w!
~ This Instrument Prepared By Robert A. Swisher Jz . ~ :-e~~.;u1 d•. ~
~ First Federal Savings E~ Loan Association _
: ~
~ • of Fon Pierce , Florida 33450 _ ~ G~,;J ' _
:
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~ Chedced By~-- 0 ~t '.O
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