HomeMy WebLinkAbout1144 To plaa and contlrwwsly k~ap on tM bui!dinpi iwMr w~NlNfiM ~iw~N on wW I~nd ~nd on ~Q pulpm~et ~nd p~rwn~lly oovw~d by this n~orta
pw wi~h ~11 pr~mivms tMrwa paid 'u+ futl, fin insw+ee~ in tM uw~l ~ludud poliey form. M a wm ~ppowd b~r tIN M~ORTGAGfE, ~nd wjed~torn~
kNw~na M Ih~ wwl pandard policy form. In •~um ~pprov~d by th~ MORT<iAGfE. b wch wmp~ny a oomp~nia ~t IM MORiGAGEE
dwat w~d all fk~ a~d wind~arm irpwsna polick~ a+ any of s+id buildinp~. ~ny 4u~ra~ tiw~In a p~?~ tl+w~of. in dr apprp~t~ wia ~fara+W
a'`'.,• .
In ucoa~ thN~ol. ~II contain ~h~ uswl u~nd~rd ma~9pN clwa a wch odw~ dauN a N+~ Matp+p+~ m+Y rw~?~n. ~aki~ ~h~ low w~ ud pd4
ely. ~.d~ ~nd w~.y. P+r~bM a s~id MORTGAGEE a in in~«~ may appw~. ~nd NcA and wKy wd+ poliey ~MII b~ pronqNy au:~d ~nd ddiwr.d a.,-.,.
.ny Mtd by ..id MORTGAGEE u fw~h.. ~.curiey a aid mo.roaq. d.W. and. not lew ~h~+ hn (1~ dars tn ~lvana of tM expMpion of Nch polky. w dr
pwr ro wW AAORTGAt3EE a r~rNw~l ~Mrwf. tog~~M. wiM • naipt !or ~M p~~mlwn d w~d~ .~walj ~ed th~n ~MII M no fIn w wMdstain in~w+~u'
pl~ad on ~nr of saW buitdinpi. ~ny int~nsl tMr~in or put tlwwf, w+i.ss ~n ~h. fwn~ u+d wnh ~M bs. payab~. a.Mraab~ .r~d M ~h. .wM .~+y w~n
oi ~nor~y b~coma pay~bl~ vndK wch polky or pol~ci.s s.k! MORTGAGEE ~hall haw tM op~ian ro no~iw «+d •Ppi~ ~M um. an acoown o/ ~h. ind~b~.d~
rnss s~cur~d h~.~6p a w pKmit ~aid MORTGAGORS ~o ?~aiv~ and u~ It or ~ny part ther~oi fw wha purpa~s, wi~Frout ihs.•br waiviep w impair-
Mg +M? ~R~+i~y. li~n or ~ipht und:r w by vinw of ~ha matpp~j w+d tn dN ~w~?r ~aid NWRTCrAGORS shdl fa ~+~y r~ason fail to kwp th~ NW prNnisN w--' j
in~wad, w t~11 a d~liwr P~~Pf~Y +~Y of ~aW polxies of leawu~o~ to s~td MORT(iAGEE. a t•it p.o~wb ar h+~h +~r w•m~un~ ~ha.ta a b w~y
n~pat hil b p~rFam, discharye. ~xecvtb ~N~N, compl~~~. oomPb wl~h ~nd ~Wd~ by Mb eawn~nt. a~nY P+~f Mrwt, aW INORTGAGEE ~nay pba aed
pay fw ~uch Imvr.nc~ u uW part tFwreof wilhout w~Mnp or aff~cti~Y +~Y aM~n. ~Mnr ~WNY. a ripht u~d~r a by vktw ol tMs Mon~. and ths .
fi,u .~w~,M ot e.ch .~d w.ry wd? P.rm~,~ ahan b. «,r++.~fi.r.1y dv. s~+d pr.bi. «+d ~au b.sr t~e.~a~ k«n ~M d.~ Nar.of w+~ii p.id N th. r.w oi
ntne per antwn"pK aruwm aod topether wHh s~xi? I~tKqt shall b~ s~cvr~d by tM Il~n of Mis ewrt~~p~. .
4. To ppmit. conrnit w sufl~r ~o wast~. ImP+irm~nt or d~tKfw~tion of s~id propKty o? ~ny p~t tMr~of.
s. to pay .u and saputar rM eosn, eMroa .nd .:P.~w~„ ;r+el~ a r.,,o~+ble ~ttoreNy'a fN ~nd ewts of ~bstr~cM of tNl~, Mrcurnd or p~W at
•ny tirrw by uid MORTGAGEE, b~ca~se a ln tA~ w~nt of tM faitun on tM part of tM said 1NORTGAGOR w dufy. promplh v~d fvUy pKforn~, discharp~
~x~cv~~. ~ffsct. oompl~t~. oomply with ~nd ~bide by ~ad+ and ~wry ths stipulatiaa„ p~ee~nsnts, eonditiom„ ~rid acw~anp of s~id promiuwy ~oq ~nd thi~
^anp+p~ +iW o~ adw.. and ~aid eoas. ch~r~+ snd exp~eaas, ~ech u~d ~wrr. si»U M~aqly dw and payaW~j ~wh~dw~ a na Nw~ b~ noria d?
m+nd, anemp~ w colbc~ ar wN pendiopl ~nd the fvll ~enount of ~ach and ~wry wch paymai~ shall bw int~ra~ frae N~ daN tMnoi vetN patd N tM
rate of nlne p~r esntvm per an~wrry a~d all uid coat~, chup~t and exp~nses wrcwred or paid, to~tthsr with ~uth intNUt, tlwll b~ s~cw~d bp tM li~n o( tha
^+ortp+pw
b. That (a) in th~ ~wM of any b~~ad~ of this Mortpspe w defwlt on the part of the MORTGAGOR. a(b) In th~ ~wet am? d btd wem of nwn~y
I~~in r~fKr~d to b~ not Promptb u~d ivlly p~id within thiny (90) d~ys next ~fte? th~ sam~ ~wr~lly becai+~ dw ~nd Wr+W~. withovt dan~ed w notio~.
or (v in th~ ~wnt each and wery tM atipula~i«w ~preem~nts. condirions end cowrwnn of N'wl promia~ory not~ and th~a morqaQ~ any w eltl~ an ool
*rly..pranptly «+d EuIIY p~rfwrntd, d;schrrp~d. ex~cvted, ~ffected, cornpl~ted, complisd w~~h and ~bid.d 4y~ tI1M i1~ fitMf Or M~y WC~I hN/1t MIf Nid ~
~re~b sum meMionad in said p~omisswy note then remai~inp ~npaid. with int~r~st acuuad, and dl mon~ys s~tvnd henby.~ sh.n b.oa~. dw a~d ar
able fathwith, w tfeer~after, ~t tM option of uid MORTGAGEE, ~s fully snd oanpktely u if all of th~ said sums of nwe~~y vwn wphNlly stiqrlated
ro b~ paid an such day. anytF?iop in ~id~ promissory nots or in this Mwtpaye ?o tM cont.ary nonni~hst~ndinqj and thenvpon or lhsreahM at tM option of
s~id MORTGAGEE, withow notic~ or dwnu~d, wit at I~w or in ~quiq, tt~~fa~ a~ thereairK b~yw~, may b~ prosecw~d as if dl moerra ~cvr~d I~u~by
had matwed prlof ro if! instih?lion.
7. ihaf in /M ~vent that at tM bsgkuuny of or ~t any time pendiep any wit upon this Mwtp~. a to for~cloM h, w W rtfam it, w to ~nfore~
paYment of any dsims Atrew+dK. said MORTGAGEE~sMIt apply to the Co~rt havi~p jwlsdietior ther~of for the ~ppoimarm of ~ R~uivir. wch Co~nl th~ll
Fathwith appoint a receiver of aaid n?ortpa9ed propwty ~II and slnp~: k~tludu~p ~II and lu tM _inta++~,
Wnpu profAS. btwa and r~nws tran w!?at~vM
souru derived. tach ~nd every o~ which. it beinp expres~ly undsrsrood, is herebp mwt9~ped as if sp~cifiully ~t forth a+d dewib~d b th~ pnntinp and
habendum d~us~s herwf, snd wch R~criver shall haw all the bo~d and efhctiw funct~«n ~nd powe.s ln ~nywiH emrvst~d by ~ Court to ~ R~uiwr, u+d
such appoinrment tha11 be made by such Court u an ~dmitted equity and • matta ot ebsotwe ~ipl?~ to taid MORTGAGEE, ~nd witho~rt rtfer~p b.th~
sdequ~ty a in~dequacy of ~hs wlue of the prope~ty mo~tga9sd or to the solvency w insolventy of said MpRTGAGOR a the defendantb and th~ wch
rents, profiq, u+come, issws and rev~nues ihall bs applied by auch Reoaiver ~ccordinp to th~ lien w equity of said MORTGAGEE aed the prWic~ af wd~
Co~A.
8. To duly. promptty and fully arfonn, dachary~, execute. effect. oomplet~, complY with aed aWd~ by Kch and ~vKy tM stipul~tion~. apr~n~nts,
caxJitiora and covenants in sald promissory ~wn and ~ha matysye set fwth.
9. That in the evem ths ownenl+Ip of the mony+yed prem~ses, a any p~.t tF+erwf, beooroes wsted in a person otl+M tM~ tM MORTG/1~GOR. th~
MORTGAGEE, in wccessws and assipns, may, withow notic~ to tl~e MORTGAOR, daaf with wch avaesse~ w wcussor tn ;nterqt with nfera~n to thi~
monpaye and the deb~ hereby ~a,red in_ rl+e s~ms mama as whh Mortyspp withoul in ~ny w~y vifi~tinp or dacharpinp ths Matp~ort~ (isbilih Iwr
under « upon the deb~ hercby :acured. No al~ of ~h~ p~emises h~rebp mortpap~d and no fwbsaranoe on tha p~A d th~ MORiG/1GfE o? bs waesson
w~uigru ~nd no extension of the time fa tha p~yensm of the d~bt hereby secured y'wen by tk~ MpRTGAGEE w its a?cpawn o~ ps;prn„ sF?~t) opKab
~o release, d~scMrye, modify chang~ or sffect th~ wipinat liability af th~ MORTGAGOR h~r~ir~, ~irha in whob or in prt.
i0. It is ipeciiiutly agreed rMr rime is of rhe essence of this contracr ~nd tl,~r no waiv~r of u+y obligation hae~ndK or d tM oblip~tion a~.
cured hereby shall at any time thereaher be held to be a waiver oi the Mrms hereof a of the k?strvment secured herby.
11. In add~tion to the fwego:ng monthfy payments of princ:pal a~d intHest ~equired by the prpmisspry nple secured her~by. mortp~ypr Cpv~nany
and agrees to pay to mortgagee with esch monthly psymeM an add;~ionsl sum es~imated by mortyagee to be equal b 1~12 of th~ srnual cosf of fhs follow-
ing:
A-All real property uxes kvied w assessed against the above desaibed real es~ate.
S-Premiums on (iro and wi~dstorm inwrancs as herein ?equ~red to be urried on tl~t nnprovernems sitwt~ on t1+~ ~bove desn'bed pemisq,
C-Premiums m such mort9sge ywr~nty insurance as mertgapt~ shall from time ?o time des*n fit fo urry oe the,ban aecwd hereby.
~ Mortgsgee shall f~om time to time notify mortgagor in writing of the amount due and paysbk hereunds~ and wd~ wm ahaU thsrwpon be dw ~rd
j payable on the duc date of the next monthly paymcnt and exh successive month thercafter vntil mortgsyee ahall notify mwtpspor of a tlwg~ in wch
amount. Such sums shall be applied by mortgagee toward the payment of rea) property tsze~, inwrsnu prem:ums, and mo~rtyspe ~uuaMy inwnnc~
premiums.
IN WITNESS WHEREOF, the said N~ORTGAGOR has hereunto set his hand and ual `the d~r and ye~r fint afores~id.
I ~ gr~d Se+bd deliwr in the pres~nte~i: q ,o
FIlEO sr+t 3£CO~~~EO C~/ay,~p,~ C~~o~..~.
iT. LUC c :.flUMTr FLA. --9 ' .lSNQ
i ~ • am s . ang
~oc~= Fc,:-R~s n
~ ' CLE~K L :.Ut~ i.~URT 'S~ Gt~...-c;P
~ . ~ oFro-•~~ v~.. -;rC eanie ang .cs«q t
{ STATE OF ~10 d9 I 81 Blld ~`T 31 3• 49 1 N~~~ '
° Varnick ~ ~3~-
courm oF
Before me penon~lly ~pp~sred _lamp¢ C_ _ t_ana
and
~ _ _7 ani . t_ana hq w;fs, eo eew w~l1 known and known to m~ to b~
the ind'~vidusls described in and who executed the faeyoirg instnrment, and acknowtedped b~fon m~ that tMy ~xecuted ths sartw fw ths purposa
rn~~ein .xaesud. a,d r?K Jeanie Lan
w~r. of ~h. ..~a James C. Lana y~~~m
~ examin~tan by me q4en ~eparate ~nd aput from her ssid husband. ~clcrqwledped tp a~d b~fon me that sh~ ~x~wt~d said lrottumsrM ftNlr ~d'v~Wr
rar~ly snd without ~ny compubion, constraint, ~pprehemion, or fesr of a from hs~ said Iwsband. ,.~,.~.:~i+~ri~.~~~~J.
~ WlTNESS my land ~nd officid teal tF+a a?3~?c~ d~y ~ C b 1 •'~~~gq_
~ •N~.~~~~~ ~O %
s ( . , ~ ~ • '
l ~
~ fJotuy Pvblic in and ior th~ Stat~ oi-Flstiri~-~ i~ .r?
€ My Cortrnission ~xpires: R _ + ~ , • ~
= Return To: - : ~ ' 4 S ~ '
; .~.'Si..\ . Y~-~.._ .'J • i
First fedxal Savirgs 3 Loan Assotietion ' • ' ~ : ~~/y,~~O~ . ~ :
~ ' • .
Sbtc o1 i{'ul.c :a.ar.- ,..c. : t : ^ :
Of Fort Pierca y
~ ~11t Gommisdae I'-~.:res Ivoe ~Q. iY.-~ •
y fort Pierce. Flwida ~j• ~ - .
F ~ •f~Ni
~ ~~~D ' .
~ \ .
~
~ This Instrument Prepared By Gary F. Ellwood
~ First Federol Savings ~ Loan Association
~ of Fort Pierc~ ~Rlorida
~ ~h~~ ey ~ 39
~ Bo~ 245 Pk~E11
~ = .i.-.-~,;
~ . . sh
• ; ~
~ - ~ -w~ ; - _ _ _ . _,~.zs
4'~ .t`
. . TFrb~~~ . .