HomeMy WebLinkAbout1596 To pl~a ~od con~inuouily kNp on ~h~ bu11d~ ~aw or Iw~ah~t ~iwa» on said land aod on dl pvtpn~t:u ~nd p~non~ly oov~d ey thb mor~
p~, wtth all pMniwes tMreon paid in fuil, tu~ insw~nc~ in tM ~iwl ~~~ndwd polky fw~n, in ~ wen ~pprowd bp tM MORTC~/WEE. and wir~ta~
imwa~c~ M tM wwl s~a~d~rd poliry fam, tn • wm ~pprwd by tM N10RTGAGfE. in wcl~ oomp~ny w campaiws ~s N~ MORTGAGEE may
dM~cU ~nd aN Hn ~nd wind~rorn? Insur~na polic~ on any ot s~N bulldwp~, any M+N~Mt thuNe w pa.t IhK~of, 1n th~ p~p~h wm ~fauaW or
in ~xaa tlwiwi. shall oonain tM wwl n~,tidard na~t9apN clwN a such o~hN dww M tM Mortp+pN n++Y nquw. e++klno tM low w~ swd poti~
ca+. «ch «~I w«r. P+Yabl~ w iaid MORTGAGEE N~n tn~aa~ ~?n? +pp.a. .nd ~«h .nd w..y wd+ ~~c~r .ha1~ b~ v?omWM aw:on.d a~?d dNtv.nd a '
•e~y MW by uid MpRTGAGEE ~s furthN s~eu~ity to said matpaq~ d~W. u~d. not l~s~ tMn Nn (10I d~ys {n ~dva+o~ o~ th~ ~+cpk~tion of Nd~ polier. b d?
liw~ b s+W MORTGAGEE • nMwal tMr~of. ~ope~Fwr with a r~ip1 to? tM pnmiun~ of wch r~wal~ and tl~ ah~ll b~ no fin a windNaia MMwaec~ •
pl~ad on M+p of aid buildleq~, ~ny Intaat tMr~~n a part t1+Kwf, unba in ~h~ fone and wi~h tM ba pay~bb a ~fonufdi ~nd In tM ~w~u ~r wm r...
d nwr~y brcon»a p~yabl~ u~ such polky o? polici~s uid MORTGAGEE ahall Mw th~ option b r~oeiw ~nd apply tM ~ on aooa?f o( th~ k~d~bt~d. . f
mas t~cw~d I~~b~r a b pe~mH ~aid MORTGAGQRS to npiw and uN H a sny p~rt tMrwf fw orhe. pu.pwN„ without tM«b~ waivinp a Ynpak-
~+~Y ~~h. ~ a ripAt wKl~. w by vir+w d this mortqap~r and in ~M ~v~nt s.W IwOrttGAGORS sMit ta any ~wson f~U w kMp th~ wW prm~iws w`~~
kaw~d a f~tl b d~liva P?ompth? +nY of aid polici~s of ira~rr~nc~ ro~id MORTGAGEE. w fail P~~P~b to P+Y fultY MY Pnmium thar~fa ar in anp .
nsp~ct f•il ~o pNfonn. dixhup~. ~x~a~~. ~if~ct. campl~u, oomply wi~h and ~bid~ by tNa aovMar?t. a ~ryr p~t I~wf. aW MORTGIIGEE ~r pl~q ~nd .
pY fa such Imuunc~ or any pa.t tMnof wNhow w~lvinp w ~ff~cHnO anp optipy ii~n, pv~ty. w ripht vr~ a by wr~w of tht~ Mort~p~, ~nd tht
fvll amount of ~ach and w~ry such paymMt sh~ll b~ inun~di~tdy dw aod payabi~ ~nd ~hall b~ar k?t~reat fran tly d~t~ tMr~of ue?NI p~W at tM ~~a d
nirn p~t ctntvm p~+ ~nnum ~nd topether with wch int~ratt shall b~ tetured by tlw li~e oi Mit mortp+p~.
1. To pKmh, comn?it a suftK no wat~. ~~IfRlfflf Of ditKiOl~t{011 p( M~ pf0~lty O? MIY Pifl tlNfpf.
i. To pay all ad sinpular tM owt~, eha~s and ~ap~eu~~, indvdinp a r~aso~abl~ morn~~s h~ and ewts of abbaeq of titl~„ inevn~d or pNd at
~Y ~ bY sa~d MORTGAGEE. bcaua~ a in th~ ewnt of the f~ilw~ on /M pa~f of 1M s~id MORiOAGOR to duly. P+a^P~~f? ~Y Pw~a*?. di~w'p~
~aecvt~. ~ff~et, eomplet~ comply wit6 and ~bid~ by ~ach and wery N+e stiq~l~fio% pr~nt~ oo~ditio~a, and oownanb of wid promissory ~aN and thts
~9~ +^Y a ~itha. ud said oosts, chup~s u~d ~xp~nse~ e~ch ud ~wry. ~MII b Ye~diat~lp dw and p~y~bl~t wM~M~ a no1 th~n b~ notia d?
m~nd, ~n~mpt eo aolled w s~it p~rwlinpt ~nd tM full an+oun~ of ead? snd .~v.ry svch parma+~ shs11 b.ar ~n~.n•t fran ~h. daw ~M..of w+eil p.~d a~ M+•
r~t~ of nin~ per ceetum pa a+u~um; Md afl s~ld aoin. chu~s ud exp«?sa incw~~d a p~ld. 1op~thK with axh Im~rat. al+~ll b~ ~nd b~? 1M li~n of tha
mortp+~•
d. TMt in th~ wsot of ~ny breach of this Mortyap~ or defwlt on tt» put of th~ 1NORTGAGOR, a tb) in th~ ~wm any of a~d a~na of
h~rein nh?r~d b b~ not t and fvl
wa*P h b w~ wttnin tMNy Cdo) d.y. aex~ ahe. eh. we...w.,~y b.com. aw and wr.bb. wltho„r d~nand a notie..
w(c~ tn fl» ewnt each ad ewry th~ slipvlation~, ~W~p. conditara ~nd townrMS of sa~d prantswry not~ ~nd this ~wtpap~ ~ny or ~ithK ~n nol
lulp. prompty ~nd fu11Y P~rfam+d. di~?ped. ~xecuNd. ~ffechd. oompl~Md, camPfi~d with a~?d ~bid~d ~r, th~n In ~ith~r or ~ny a+d~ ~wnt th~ s~id a~
9np+b wm m~r?tioned in said prornls~ory eot~ th~n nmaHdnp unp~id. with intet~st aan?ad, and all nwrrys sscvr~d I~~by. ~hall b~ooe» dw and WY-
able forthwiMy p th~r~after, at tM optla? of said MORTGAGfE, a fully and compl~~~ly y N alt of th~ said ~~rns of riq~y wK~ pipywl~y stipui~ted
ro b~ paid on wch day. any~hinp in said promiuory ~ot~ or in tMs Mort~p~ ro the conrr~ry ~w~withstandirg; and tl~wpon w th~n~hK a rM
~aM INORTGAGEE. witMut notic~ or demand, wit at law or io puity, tMnfoh o? tMrahe~ op~ion of
h~d m~tund prar to its irotitutioo. ~gvn. msy b~ p~w~cvt~d q if~~ll mon~y~ s~uK~d h~nby
7. That tn tM ~vsnt that at the beQinnirg of or st ~ny Yrm~ pendinp ury wit upon tha Mortpp~, a to fa~cbw H, or b nfarn h, a w~nfo?q
payn»nt of ~ny cl~ims herwnder. said NI1pRTGAGEE shall sppy to tM Court haviap ~risd~n~ tF,~reof fo~ ~M ~ppo4+an~nt of ~ Ra~ivr, wcl~ Cowt ~11
Fwtf~with appoint a?eceiva of uid morlpapad propsrry ~II and sirgul~?, indud~np all and airgulu +h~ &+oom~, profits, issws ~nd nwauM frpA wMtwa
wwa~ daived, sad~ ~nd ~v~ry of which, if b~inp exprealy unden~ood, is hKeby mortyaged ~s if sp~c;Iically ~et forfh ~nd dNOr~td in fh~ ap~tin~ and
h+bM+dwn clavsa hareof, snd uxh Reu'we~ sF?atl Mw all the broad ~nd effectiw funa~ons ard powers in ~~ryrwi~ entrusted by ~ Cowf ro a R~a1vK. a+d
wd~ appoin~ment shaU be mscle by wch ~owt as an ~d,nined eqvity ~nd ~ mana of absotut~ riyht to wid MORTGAGEE, ~nd withoul nfK~nq b th~
adpuaqr or inadpwcy of the value of th~ propKty mortys~ed w to the solvency a insolventy of sald MORTGAGOR a th~ d~f~nd~ny, and that wch
~ents, profits, income, issues and revenues shall b~ applied by wcl~ Rautve~ ~aordinp to tl» li~n a puity of said MORiGAGEE and tM practiq of wd~
CovA.
s. 7o d~?y. wo~rh ,~+d fi,ur ~..for,~, d~,chup~. ex~w effee?, ear~lets, canply wirh and .bid~ by wch aed way tl» aipulatiora. preem«~q,
eonditioru and eoverwnti ie~ s~id promiuwy note and this mortQay~ set forth.
' 9. Thst In the event th~ ownenhip of th~ mortpsped prNnis~s. ot ~ny p~rt thenof, becan~s wst~d in a pKqn otha than the MORTGJIGOR, th~
MORTGAGEE, ks svcceuon and usiyns, may, vnitFw~rt no~ice to tFw J1110RTG/WR, deal w;th such woc~swr a iuccessor in 'intens~ with ~~fer~na to thi~
mo.~p~ye u~d rhe debt he.eby secwed in th~ wne manner as w+th Mon~ayw without tn any way vitidinp or d'ischuyinp th~ MorW+yon~ li~bili~y Fwr
vnder a upon ~he debt hersby secured. No s~k of tM p~anises her~by mort~~ed w+d no forMarM+o~ an tM part of th~ IMORTGAGEE or ih arooesson
w euig~a ~nd no exreruion of rhe time fa ths p~yment of tM deb~ hereby secvred piven by th~ MORTCsAGEE a it~ sucps~on or usiqns, sh~q op~~h
w release, diacharpe. modify change or affect th~ oriy~nal liab~l~ty of the MORTGAGOR herein, eitl~ in whob or b put.
10. It a~speNfically agreed tMt time i~ of ths es~~nce of this contract and tFwt no waivar of any oblipation iNr~undK or vf th~ obl{p~yion s~
wnd her~6y shall at any tim~ ~herea(ter be h~W ro be a wsivsr of ~!a t~rnu herwf w of th~ lrntrurnem ~w~d herby.
i l. In add~tion to the forego:~g monthly paYments of princ"pa! ~nd int~rest required by th~ promtsawy not~ secvr~d hsr~by, mortyayor oo~w~y
snd agrees to psy fo mortgagee with each momnly payment an addirional wm estimsfed by morlya~sa fo be sqwl fo 1/12 of tM ~nnwl tott of the fdlow-
irg:
A-All real propcrty taxes levied or assessed against the abov~ d~svibed real estate.
B-Premiums on ii~e and windstorm insurance as herein requ~red fo be urried on the improvemenq sitvate on tM ~bove desaibed pr~tnisp,
C-Premiums on such mortgsge gusranty ins~xance u mortgapee sh~ll from time to time deem fit to cury on tM bsn ~ecwd hereby.
Mortysgee shall from rime to time notify mortgayor in writing of the amotint dvs snd payabl~ Mr~under ~nd suth sym shsll
payable on the due date of rhe next mo~thly payment and each :uccessive mweth theroaNer until mwt ~w~
'k +mounf. Such sums shall bs applied by mortgsgee toward tFie 9+~~ ~11 notify mortypw of s chsnp~ in such
paYment of real p~ope.ty tsxes, iiuurance pemiums, and morty~yt ~uaraMy hyw~
prernitNrn.
~ IN WITNESS WHEREOF, the said MORTGAGOR has here~nto tet his hand and seal the ~day Md y~ar fiqt aforpaid.
` Sip~ed, Seabd and delivared in the pres~nc~ of:
~Z~~.~ p~ •
~ f~t'_t tv- •.L~ti~t~f~ ~R ert L. B ldwin Sr.
~ Sf.IZ~.~ :-:L•`~Tr flA.
~ .:3 'RAS e. '
~ C~ r,;,- CCUqj Pauline C. Baldwin ~~q
~r~.,-: .r--. ~n
~ STATE OF FLORIOA
counm oF st . I.uc ie ~ ~ 1 56 „~~4
B~fws me penaully .~.~ed Robert I.. Baldwin. Sr. ~
Pauline C. Baldwin W;~e, w~,. we~i k~ ,~,d w,ow~ ro ~o
tM tnd'nidwb dewibed in u~d who ezecuted ths ioreyoiny instrurn~nt, and ackrawled~ed Mfor~ m~ that they execut~d tM sam~ for th~ purpa~i
rn~.es~ e~?e„~d. n~d rh, „~a Pauline C. Baldwin
wife o~ d» ,~e Robert L. •Baldwin, Sr.
examinstan by me taken sep~rate and ipsrt from her said hvsband, ~~~~f
~cknowbdged to and befon tr~ that she exswtsd s~id irqtrurMnt ft~ely ard volur~
t~~ily snd witl+out any compultion, cw~straint, appre~
, or ~ex of or from he~ aaid husl~and,
WITNESS my hand artd officisl seal thi: d,~, a{ November ~ p. ~q~
~ ~
~ Notary PuWic in and for tM • of flalda d larp~
F Retum To: My Corm~usan exqrss' ~
i O'"~io •
~ Fint federal Savings d tosn Associ~twn
Of fo?t Pierte.
fort Vierce, fbrida •"'"~t=~~tlf
~ ~ rf~ti~
~ ~ ~
~ ~i
~ This Instrument Prepared By Dona ld E. Hughe s '1 p~• ri r f
First Federal Savings d. loan Assotiation _ . ~1~~1.~ ~ ~ ~
. of Fort Pierce ~ Florida . _ ~ -aa O =
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Chetked B ~G . ~ 1' :
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