HomeMy WebLinkAbout1592 To plaa ~ew~ continuwdY kNp on tM b~iidinpa now a IN~NftN Nh?iN W1 f~W (Mld 1~ OI~ aIi ~QVIpfMlfi Nld PN~Of~~IIy COYM~ ~ f~{ 1110?IP
ap~, with all pr~mivms thawn paid in 1~I1, fin kuuaeKS {n tM wwl ~~~ndud po~ky form. {n ~ wm ~pp~owd by th~ MORTGAGEE. ~nd w~wnn
imwana in th~ wwl ~andud pol+cy fam~. In ~ s~m ~ppro~r~d by tM MORTGAGEE. in wd~ aanp~ny o~ ow~WN~s M ~M NtWITGAGEE n~ ~
dlnct~ and ~11 i~~ ~nd w~barm i~aww+a polki~s on a~r OF NW ~WM~f. Mly 111N~N1 tlfKNf1 W~if1 tI1MWf. h?Iw pprp~?~ w~w ~foeadd a
N~xaw ~Mrwf. iMll oonuln tk~ wwl ua~dud mor~psper daw~ a wc6 o~hK da++s~ a tM MatY+pN m+1? ~µrin. aykMO 11» bas w~dK Nid pol}•
ciw. .ad~ and .wry. v+rabN a wid N?ORTGAGEE .s in im.~f m+p +Pp~ar. ~nd ~ach .nd w.ry wd~ polky shall b~ P~omWh ass:piMd and dr~iw~.d w
~ny hdd by aid MORTGAGEE as fwrMr s~cwiry ~o uid rnonpaq~ d~br, a~d. nw I~ tlwe tw~ d~y~ M~dv~na of tM exptr~tion of ~ad~ Po1kY, to d~
tiw~ to ~aid MORiGACsEE • r~w~l tM?wf, tope~hM with ~ naip~ fa th~ pnmlum of wd~ ~~wali ~nd ~Mr~ sMll b~ no fin or wind~torm Imw~na -
pland on ~ny of ~afd build'u+ps. ~nY Im~rat tMn~n a pan eMrwf, unl~ss to tM fa~n and with tM Iw~ p~yabM a afo~ak4 and In N~ ~v~nt any wm ,
of moMy becany paraW~ undK such pdicy a policih said MORiG/1GEE ahatl Mw ~M op~an ro nc~iw ~nd apply tM wn~ on ~ooo«+t of tM M~d~W~d
~aa acvnd hM~by w b pKmit ~aid MORTGAGORS to haiw and u~ h a u~y part 1Mrwf fw otF~ pwpos~ti witAout tM~~by wdvirq a impNe~ t`~
Inp +nY pu~y, IiN? w riphf vnd~t w by vkhH of thi~ nwrtpp~t N+d in 1M ~wM ~+id MORTGAGORS ~MII far wh? rNton i~d to kNp th~ wW p~ w ;y
1nsw~d. a(atl b dd'iwr pa^W~Y +nY of said polici~ of hauranu to s~td MORTGJ?GEE, a f~it promptly to p~Y fi+~h +~?Y P~~^niwh tiwtfor a M ~ny 4 r_ ~
h~p~tt f~il w pa(wrn, dischupe. ancua. ~fhct. complet~. oomP~Y with ~nd aWd~ bp Hib cowoant. a~ny p+rt lwwl. s+d MORTGAGEE nwy plsa and
WY ta such inwranc~ a any part tMrwf without waMnp a aN~ctkp sny option, ~irn, p~+1M w ripM wd~r a by virtw o1 thb Mo~tp~p~. and tht :
full anaunt of tach and ~vKy wch p~ymeef shall b~ irmndlN~lp du~ ~nd p~yaW~ and ahalt b~ar int~tpt han tl+~ dab tMr~of un1i1 p~id N th~ nN d ~
nim p~r cMtum pa anrwm aod to~~her witb wch tntaes~ aMll be secwtd by tM li~n of thU mortp~. ?
I. To pamit, aomndt w wffK no wut~, impai~e~nt w d~tKioration of said propKty a a~y pwt tM~wf.
S. To p~y all ~nd sinpular th~ co~ts, cbupN ~nd ~xpNw~, indudirg a n~~on~bM anon+hr's h~ and awN of ~bsNact~ of titl~, Incwr~d a p~W N
~ehr tlm~ br saM NIQRTGAGEE, b~ea~ a M tM ~wnt of th~ iailun on tM part of tM uid MORTGAGOR w duly. promptN ~nd fully p~rfon~„ d'aeMrp~
~xec~tq ~ff~. oompl~te. ao^iPN with aod abid. by •ach .nd .wry ~M .r~pulau«w p~..me^n, ooodt~lorr. +ed oown.en of ~ald paniswry eo~. and rhi~
mortyape ~Mr w~ttt~, and aid cwM, chupea ~nd ~:p~ns~s, ~ach and ~wry. sh+ll b~ Im~nedj~t~ly du~ u~d p+y+bNr wM~hN a eat ~lw~~ b~ no~ia d?
m~nd, ~ttemp~ ro co11M w wit p~nd~apt ~kl. ~M full amoum Of. Nct??and w«y wd~ paymn?t shall b~a. tnt~t from tM d~N tMrwf umil patd N the
rd~ of nirn pK cfn ~um pw ~rnwmj and all said ooits. cMrpea and ~apx?s~s incwnd a paid. ~opNl?N wifA sv~h inta~st. ~MI) b~ s~curd bp Ih~ li~n of ihi~
matp+p~w • , t
6. 'fh~t in tM ~writ of u+y br~ach of this Matpap~ or default on tlr pan of tM MORTGAGOR, or (b) Fn th~ weM a~y of aid axns of nwMy ~
Mnin r~fNr~d to b~ not promptly ~ed futy paid within thirty (30) days n~xt ~ftN tM sarrr s~vardy b~conw dw ~+d pay~bN, witlwvl d~m+nd a notia.
w W in tM ewm wch u~d ~wry tM stipvlatioro. +~r~nts, conJitaro and cownaots of sa~d praniaory not~ and this nwrtppt ar~y a~th~r ~n na
iuh. P?~P~Y u~d fu1N P~rfu?m~d. d~schnped, sx~a»ed, ~ffected. oomPl~t~d, oomP{»d wAh ~nd abNl~d tiy. Mwn in ~irF~ a~ny wd~ ~w+N tM NW aP
pre~+t~ sum msntio.~ed in s+id promitsory noro tMn nmaininp unp~id. with intsrnt accrued, and etl moneys setv~~d Mr~y. ~11 b~can~ dw and p~y-
abb fonhwith, w there~ft~r, ~t th~ option of said MORTCsAGEE. n f~Ily and canpkt~ty ~i if ~tl of the ~aid wnu of mawy vwn apirwlly uip~iat~d
ro be paid on such daY. anytkinq in iaid promiuory note w in this Monpa~ ro tM oonfr~ry ootwirhstandinp; a+d tiw~~upon a thw~ahM ~t N+~ option of
uid MORTGAGEE, wirhout nor~u a dam+~d, wit at law w in pvity, the+~fa~ or tF~ereafrer b~pw~, m~y b~ pros~cut~d q if all moewys sicund h~nby
h~d matur~d aWt to ib itutitution.
_ 7. th~~ i~ th. .wnr rA.~ .r t~,. begh,nirg of « at .ny r~n» pN+~+y ,ny wn ~pon tha Mon~i, aA=+o f«.eloy N. « w r.iw~w h.,a eo «?fo.a.
paynK++t of an~r clsirm Iwreund~r. ~id MORTGAGEE aMll apply to tM ~oun Mvinp jurisdiction ~herwf for tlw appoiMm~nt of ~ Rsc~ivir. axf~ Cow1 shdl
fwlhwith appoint • nteivq of said mortpay~d property dl and sGpvlar, includug all end tirquisr th~ i~toiM, potits. Nwei ind ~~v~n~es ttan wlyi~vK
~axa dstiv~d, tath ared ~very of whid~, it beinp ~npreafly v~de~stood. is herebr ma~~~ged q H s~etifiuUy Nf ~orth and d~t?Ib~d MI !M 9rsnlirq and
habendum cla~aa Iweof, and wch Reo~ive~ sMll have sll fM boid and ~ffecriw furxt~ons and powa~ to ~nywis~ ~nh~d by a CaKt b a R~oetva. ~nd
such ~ppointment shall be macl~ by wd~ Covrt as an ~dmitted equity ~nd ~ mattar oi sbsdure ripht tb faid MORTGAGEE. without niK~np to tl»
+dey~~cr o. s~.d~wcy of rn. wlu~ of ~M Prop..ry mo.t~p~d o. ro~hs ww~ncy o. ~~~N,cy ot s.~d µo+trGwcoR a d,. ~f.~,a+~+~,. .~d ~h.~ wcti
rems, profita, kKOrne, iasws and revenws shall be appti~d by svcl+ Receiver ~ccordinp to tM lien o~ equity of said MORTGAGEE w~d tM praala of such
Courf.
8. To duly. promptly ~nd ivlly perform, discharqe, execute, effect, oonplete, comph with snd sWd~ by ~ath and ~wry th~ stiput~fiom, pr~nq.
cond'd'ans ~nd covenants in said promissory not~ and this mortpap~ set forth. ` ~
9. TMt in tFN evem tM ownership of the mortga~ed prem;set, or any part thereof, bsaom~s vest~d in a pKaon otlwr th~n th~ MORTGAGOR, th~
MORTGAGEE, in sucuuors and auiy% may, without notice to tM,MORTGAOR, desl with such syccesw~ or s~cceasor in int~rest with rtier~nc~ 1o Nds ~
mortga~ ~nd tl+e deW herebyisecurod tn the siin~'mannit k vrttli ~liwtysptir Nrittwul ih ~ey way vitiatinp or disclwQwg tlw Morpapws' Ii+Wliry her~-
under w ~pon the debf herebY secvRl~- : t~p s~lr of .the. Prl~~ses he!rbY ~O+Dt~' fo~MNOp~ on.fl~:pKt of t6~ MORTGAGEE o? i1s waes~as
or ~uigns +nd no extension of the time for ths p+yrixnt of the ~deb1 hereby, ~cur~Q ~ivt~ .¢~t f!yA~ ~CaA~~jE~ o? tita w~aston or ass;prq„ yhdl op~rat~
ro rekau, discharye, modify tF~ a sflatl th~ origMwf liibif'ity of'the •lY1~RiGA60R t+f#th4 atl~ if~ wKof~ Oe 1'11 pNf: ~
10. It h ~ficall ~
Wec' Y+~ried tli~t tin+e Ir'ef'thr' elu++c~e- of thii b~mrsd ind'that no w~hrw o'f an~i oblipation M?~w~der a of th~ oblipatlw~ ~r
cwed hereby shall at any ti?n~ 1he~a~ft~r .b~ be~d tq;M a wai~ Of,tht_t~rms twwf,or;oE~M batt~nt ascw~d,F~abp.:;
11. In addition to the foc~9o:n0 moalhlY P~1^Kne~ of prinC'P+~ aed intepett~ R~q~+itadlbp tM Wom'itory not~•sooK~d¢heteby, mort9+~ot oovw»r?ts i
and pre~~ to pay ro mortgagee with each monthtY paYment an add~~anal sum esuma~ed by mo.t~ayee to b~ eqwl to 1/12 of th~ annual cat of th~ fdbw-
~^9=
A=At1 ~eal 0?openY taxes levied" or sssessed s~si~sYf~i~ ibove described ~real~estafe: - , ` . ~ ` . . . : •
' ° C• t
' B~-?i~naiurns on •fke anH windstorm Cnwrsi+t! a~-heeiein req~/?ed To'6e urrieil on'11te• i~i+~t~vwntnb iitZst!' ori the abovie dest~lbed prsaii~s. t r
C~Prcmiwn: ar wch .mon9+9Q 9wranty::aprar.ce~ a~ .~orlgap~e:a~+Ik. fromiti~n~ to ,tir~~de~n fH tb ~arr~ oa? th. iwA sdawed - henhy. ~
Mortyapee shsll from t'wn~ to time n0~~. ~tp+9a.'!^. w?itirg qf th~ ar^g~nt~"d~ +nd RiYa~lp here~l~:and wd~ wm shaN tl~eupon 6e dw a~d
' P+Yabls an the dv~ d~lti ~ of '
'^~I+rt!h P+Y~~ +nd t+ch syaaasive enaitti tKt~!•ha 3pt~l .~ibibsy.'~MII ewtit~r•matyapor of- i•E~wnp~:in iuefi
•mount. Such sums shall be ~pptied by mwt~ee toward the psyment of real property • taxea~sZynwrantA prem~ums, snd mortpaQe yuaranty irawnfq
, Premiums• • a
' IN WITNESS 1NHEREOf. M~e~seid MORTGAGOR has hereunto set his hand and sea! the day and year first ~fwasaid.
~ Sipned, Se~led and delivered in th~ preseece of: ,
i - F!l€~.•~ -~'~d:if0
fT. Lb"' : ; L'~T~!' ~i~.
f f.t• . - ' : '=45 ~
~ Y! _ LDURT n
pc~,j.F. ii n
` ~ ZL i156 '7`J ~ ~n
~ STATE Of ftORIDA ~ ~ ~
j courrn oc st Lncie '
~~~NirV'3v~ ~ ~ `
~f,,, p.,,,,~,~~y Olaf D. Mitch~ll ~
Do=othy M. MitChell h~s w~fe, ro m~ w•II known ud known w~ne fo b.
the ir~diridualt desaibad io and who executed ths forepoirg Instrum~nt, and acknowtedped befon rn~ th~t they ~xecuted the i~rns for the purpows
rheresn exp~eued. Md the s+~d DO7COthY M. M3lCLl11
w~. o~ tE,..,~ Olaf D. Mitehell
~ exsmMation by me bken ~eparat~ snd apart from hsr said huib+~d, ~du~oMrl~dped ro u~d before m~ that sh~ eaewted s~id &ahum~nt frNl~ and volmr
I tarily and withovt any comp~li"an, constraint, apprehension, or fear of or f?om her said husband.
l
` WITNESS my hand and official seel thia 4~ d~y ~ ~OV~b@! p. 19~_
t
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~ Not Public in ~nd fo? ths Stat~ of Haida ~t lup~
~ Retum Ta • • My ission t:pireu
~ Fint Feder+l Savingt 3 loan Assotiation S~O~
Of Fort P~erce. Mr CO~"~s~ ~p~ A~ 13~ ~~a
~ b~ided'~'M~eric~n fin 6 Cawoltp Co• :
~ Fort Pierce. Florida _ _
.
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.•~~~~~~~~~~.r~~j' E
This Instrument Prepared By J. Hal Robezls~ Ji. ~ L r ~~1~'y ;
First Federal Savings d~ loan Association :76'~ =Y= ~
• of Fort Pierce ~ Rlot ida 33450 ; b0~~.,, p~ ; cA i
~ Checked s~ 6QOK~~~ fAf~~,~7 . c'~ v7~ ?~r= _
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