HomeMy WebLinkAbout1439 To plac~ ~nd contbwouil~r kNp on ti» bu~ldir?p~ now a ha~a(~N ~itv~1~ on uW I~d and on ~il pvlprMnt and pMSa+ally cowr~d by thb mo?t~
~p~. with ~II pr~m'wnq tMrwn pa~d in fulb ('u~ in~u~uic~ in ~M ~swl i~~ala~d policy forn~, fn • w~ ~~xowd by th~ MORTGAGEE. W+d winds~am
Maw~ M tM vtwl uandard policy fam, in • wm •pprovd by iM MORTGAGEE. M wch company o? oomPu?ira tM N?ORiGA~3EE n++y
dinttj and aQ ib~ and wwKblorm in~uru~u politi~a on N+y oi Nid buiWinpa, ~ny inNrpt tlw~ln w p~rt thKwt, b tM yy~~9+q wm do~~NW or ,r
In ~xcew ~hawf. ~Mil ca+uio tM wvsl standud morroapN davs~ a~uch ahK cl~ a ~M Matp+pM ~wy rpuw~, makinp th~ loa w~d~r a~id polE~,,..~
cia. Nch wd wKy. P+Ya~ b aid MORTGAGEE a i~s Mrensl may ~pp~ar. and .ach and ~vary wd+ pakY ~l+all M WomWb usqn~d ~nd d~tiva~d a
~ny h~ld by ~id 1111pRTGAGEE ~f furthN s~tv~ity to s+id matyap~ d~W. ~nd. no1 Ina than ~en (10) d~yt in adv~nc~ of IIw ~xpk~tion oi ~ad~ po~ky. to d~ ,
Iiwr ro ~aid A50RTGAGEE ~ r~Mw~l fh~r~Of, to~e~lwr wirh ~ reqipt tw ~M pnmiwn oi, wd~ r~ew~l~ and ~he~~ shall b~ no fa~ a wind~~wm 4aw~
pl~ad on ~ny of safd buildi~„ ~ny inrKa~ tMr~in o? part tMrwf, unl~ss tn tM tonm u~d wi~h tM lou pay~bl~ u~fonsaid~ Md in tM ~wm ~ny win
of ma»y baaew pay~bh ~ndK wch policy a policia wid MORTGAGEE ~hall h~w ~M opran w nuiw u~d ~pply tM ua~ on acoount ol tF» Ir~bt~d ?
nas s~cw~d Mr~b~r a b p~~mit aid MORTGAGORS ro naiw u~d uw H a~ny pa~~ tM~wf fo. other pwpokw without tMrsb~ waivinp a imp+k-
Mp ~nY p~riry, li~e? a riqht ued~~ or by vi~tw of this mottyap~~ ~nd in dN ~vMt ~aid MORiGAGORS sMll fa ~ny ~wn fall to kNp tM wid pr~misa ~o
knwed. o~ bil to deliv~e pro~np~ly any of ~aid poliein of inNxu+a ~o ssid MORTGAGEE, a fail promptN ~ P+Y fi+~N +~+Y P~~~+~^ thar~fa a M u~y .
n~p~et fail b pNfaen, diseMr~, axxut~, ~ff~et, eompl~t~, eompy wid? ~nd ~~id~ by thls wv~Mnt, a ~ny paA hKwf, s~W MORTGAGEE ~n+y plan and
wr fa ~uch hawae~ce w any pu1 tM.wf without wabinp a~N~di~O ~^Y aP~bn. U~n. pulty, a ripAt w~dK w by vinw of tAis Mortpp~. and tht
full ~mo~rm ai ~aeh u~d ~wry weh paym+nr ihall b~ immdiar~ly dw a++d payabt~ ~nd ~MII bwr lntaaf froen tM da» fFKrwf untll pald ~t Nw raf~ 01
ntrw pN cMwm pK +nnum ~nd togetl~e~ with wch intaat tMtl b~ secvred by tM li~n of this mort~ap~.
t. To p~rmll, eanmit a~ wf(K no wait~, impalrment a d~e~rtor~rion of said propKty a N?y pat tMnof.
S. To pay all aid sinpvt~r th~ costs, clwrpM and ~apN?s~~. includ~np + r~+wn+bb ~nwn~Y
~ fM a~d awb of ~ban~ds of titlt, Incvn~d w p~jd a~
~ny time by said MORiGAGEE, bec~v~ a M ~M ~vMt of ~M i~ilwt on th~ p~n of tM saW MORTGAGOR w duly. promptly and fvlly puforen, duhar~w
~xscvt~. ~ffect. compl~t~, comph with ~nd ~bide by ~~ch ~nd wery tM ~tipulatioe?~, a9r~nentf. tonditions, and eovtn~nta oi ~aid promluo+r not~ and thb
mortqap~ +nY or eirhet. and uid cosM. cMrp~s and e:p~nses. ~+ch ~nd ~wry, s1~r11 b~ hrnadiaNly due ~nd payables wMtMr or not tMr~ M nwiu d?
mand, ~thmpt ro ooll~ct w wit pendin9j a~d tM full amount of each and wery wch paym~n~ ~hatl Mar inte?~st from fh~ d~» tFwwf wnil p~id at tM
rate of nioe per « ntum per an~wn; ~nd all aaid cwt~„ chsrpts and axpsns~s intwr~d or p+ld, ropt~her wilh wch inlK~tt. ahall M s~wnd by th~ (wn of thi~
mortgpw
6. That (a) in th~ evenf oi any lxeach oi thi~ 1Nort9sp~ or defwil on th~ part of the AAORTGAGOR, a(b) in tht ~wM a~y o1 ~aid ~wro of eewewy
Mnin r~ferred to bs not promptly and fvly paid wi~htn thuty (30) days next afte~ tM s+~n~ uwr~tly Mcarw du~ ~~+d payaW~, wNhout d~maed w ~+otic~.
w W in tlr event ~~ch a~d every tM stiputations, ~prsan~nri, conditions ~nd cov~nts of sa~d pro~niuo+y not~ +nd this mapap~ any a~ithM an no1
~uly. promptly ~nd fully pxform~d, d~xF~r9ed. ~x~cuted, effecNd, compbted. complwd with u~d ~bided by, th~n in ~ith~r or anr wch ~w~t th~ a~id a~
preyaM svm meManed in taid promissory note then rem~i~ieg unp~id, with iMe~ss! ~cuued, and ~11 montys Ntured Mrebr. ah~ll betaTM dw and pay~
able futhwith, p tFrreaiter, ~1 the opTion of said MORTGAGEE, u fvlly and cornpt~tely a~ if all of the said surm of nqn~y wen o?ipinally stipul~ted
ro be paid on such day, anythirg in sa~d promiuory note or in this Mwt9a9e to ths contruy ratwithst~nding: snd thK~upon w thK~ahK at th~ option of
said MORTGAGEE. without notics or demsnd, suit at law w• in puity, tF~efort or thereafte~ beyun, may b~ pros~cut~d u H all moMys ~cw~d l~~by
ifad mahNed pn0? to in lnstitution.
7. That in the went that ~t the beginnirg of or ~t any time peadiny any wit ~pon thi~ Mortpag~. w b faaclw~ h, or ro r~fonn N, or to ~nfwa
p~yment of sny claims he.+u~des, said MORTGAGEE sh~ll apply to the Court luvirg jwiidictia+ thsrwf for tM ~ppointme++t of ~ Rec~iva~, wch Co~rt sl»tl
for~hwiM ~ppa~~ • reuiv.. of s.d mo.ipayed property all ~nd sin~ula?. k+clud~rg aU ~nd sirgu~ar tM inao~r~ profits, bsws ~nd rtwnws fran what~vN
wwa dxived, sach u+d ~very of which, it b~inp eapressly understood, is l+er~by mony~ged a if sp~cifiuly sN fonh and d~suib~d fn th~ y.antinp and
hsb~ndum cla~ses hersof, and s~ch Receiver ~hal1 Mve ~11 tM broad ~nd effective fv~ctiw~s ~nd powen in ~~ywise antruN~d b~? ~ Co~A to a R~ceiw~. ~nd
•uth appointmtm iMll be mad~ by wch Cowt u sn ~dmitted equity and ~ matte~ of ~bsolute right ro s~id MORTGAGEE. and wilhovt nferN+o~ ro th~
•deq~~cy or inadeqvacy oi the wlue of the properry monys~ed a to the soive~cy or insolvency of s~id N10RTGAGOR a th~ d~fendants, ~nd that wd~
renn, profits, income, iu~es and rwe~ws shal~ b~ appli~d by such Receiver accadinp to th~ !'nr? a puity of said NWRTGAGEE and tM practict of wch
Court.
8. To duy. promptty a~,d ful!Y paform, d~uhupe, eaecut~, effect. complete, comply with and ~bids by ~ad~ and w~ryr tM stipulations ayrNm~nts,
~ conditio~s and covensn~s ~n s~~d promiuory note srx! tlw mort9age set iwth.
9. TMt in the event tl~e ownership of the morty~yed promises, a any paA thereoi, become~ vested in a pe+son otl~e? Nwn thi NIORTGAGOR, tht
MORTGAGEE, in wccessors and assiyra, may, without notice to the MORTGAOR, deal with ~~ch succeuw w wcces~or in internt with refa~nce ro this
mwlpa~~ and rhe deb~ hcreby aecvred in the wne m+nner a~ with Mwtys~w without in any w~r virutkg or d~sclwyinp Ih~ Mo.t~+~ora' li~biliry lrrr
under or vpon ths debt hereby secured. No iale of ths premises hereby mortysy~d and no fpbearance on tM p~rt of tM MORTGAGEE w ib sucpssors
or auigos and no exrension of the time fo~ th~ payment of the debt he.eby secured yiven by tM MORTGAGEE a iri wcc~san or suipns. shdl opvaN
to rekase, d~xlwrye, modiiy ch+rge w affecl the wginal liability of tM /MI~RTGAGOR MrtiA, ~itha in whol~ a M pat.
10. It is speafically agreed that time ls of th~ e?sence of ti+is aontqcl and that no w~iwr of amr obl'gation l~uwnder a of tlw oblipatioe k-
cured hereby shall at ~ny time there~her be heW to be ~ w~iver of the terms hereof or of tM instrwnent secvred haby.
I1. ln addirion to the taego:ng monthlY paYmenb of princ'pal and interest reqvired by the promiasory note secured hereby, morf~s~or oow~ants
and aprees to pay to mortgages with each monthly payment an ~dd~rional sum eatimsted by mortgsgee to be equal to 1/12 ot the anrwal cost of the fdlow-
ing:
A-All real prope?ty taxes levied or assessed against the above dcwibed re~l esNte. .
B-Premiums on fire and windstwm inwrance as herein requ~red ro be curied or+ the ~mP.o~emenn s~wa~e a+ ~he ~lwve described pr~mises.
C-Premiums on such mortgage guaronty insuraoce as mwtgsgee shall from time to time deem fit fo urry on the ban sewred hereby.
Mortg~gee shall from time to time ratify mortgagor in writ~rp of the amount due and payabk here~nder and wth wm shall therwpon be due and
paysble on ths due dare of ti~e oext mw~th:y payment and each waessivt month thereshe~ ~?r.til mortgapee d?ap notily mortys9or of s tha~ge in wd~
errwunt. S~ch wms shall be applied by mwtgagee toward the p~yment of reaf property tases, inswance prem:wns, and matgayt yw?anty irouranc~
i prerniwr~s. .
i WITNESS WHEREOF, t said MORTGAGOR Ms hereunto set his hand ~nd sea) the day ud year fint aforpaid.
deliver in presence of: /
. flLF:: =4~ .~~~.~IiQ$D l~ct- 7~n4L ~a~../ (Snq
Anna Mae Beam, a single adu_
ST.LU:1"t iGUMTY~.l,1A. ~ttu.q
/~j .c~r~ Fc = =~~;-7t~1S ry
a - CIE~.~. "Ui: COtifiT
aF~~.;~ ~~:c~ p
~ STATE OF FLORiDA 5 3'~ `{j ' T~ '
~ $t. I.i1C1@ ~ ~ i+7 3~0353 .
~
~ B~fore me perwnally a~.~ed Anna Mae Beam, a sin~le adult
~tiw~ik, to~ne welt known and known to ms to b~
ths ind'nid~a3 described in and who ezecoted the faeyoin~ instrwmnt, and ~cknowled~ed before me that sne~x~wt~d ths tam~ for tt» purpos~s
thrrein exqessed. .~1wi ~M
wi4~oi 1+Ifi~i~ . rp~lf~! ~lpw'll~~nld peMl~
~ ~xaraiarti~.hy .me.takrr ~e~~ ap+~f .fws iw.wi~ irsraw~ ~icw.rie~~ b~awi i~fKr ww ~twt-d~r ~1Hi r t+d ~i~m
~ ?eri1T rnd tirlMenr w~ tanpelsfe~r, eunnrsien~ fi'Pr~tR~+stWt.~+o? ?!i~ of~d? ~f0~f~ ffll ~i11~llfrlkl~Atl.
~ WITNE55 my hand and ofiicial seal this_ d~y of November ~ p. ~q 75
~ ~ .~„ti, . ~L-eCt-~~
~ Notsry Public in u+d fw tM t~ of florida ~t Larpe
~ ' My Commiuion ~~cpir~ss / ~ - '3 O . ~ ~
5 Return To:
-s
s first Fadewl Savin~s 3 loan Associat~on 4~. :
~ Ot Fort P;erce. "'~111•lili~ `r•~~ ~,!f
e Fort Pierce, florida r t 3~~tJ~~~ ~
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~ This Instrument Prepared By Rober t A. Swisher Jr . ~ . =
First Federa) Savings b loan q~socia)i n . 4~ ` f~'°
FloYic~a 33450 ~ : t
. of Fort Pierce ~ h~ ~ ~
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Checked By ~4~` 4 ~c~
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~ ee~K ~45 PncE 1435 . _
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