HomeMy WebLinkAbout1598 To ptau ~nd contkwouilr kNp oe tM buildinps now or hM~ahK ~itu~N on safd I~nd ~nd on ~11 p~riprt»nt and pKWn~lly aow~ed by 1M~ malp~
p~, wilh ~II p~miums thKwn p~id in fulb fu~ ie?tvrant~ in tFw uswl ~t~nda~d policy (orn~, h~ wm ~pptov~d b~? tM MORiGAGEE, and win~hbrm
hwta~a in tM wwl ~tu+danl pol~ty tanb in ~ wm app~ov~d by IM MORTGAGEE, M wch campany a taep~ni~t a th~ MORTGAGEE nwy
dlr~c4 ~nd aU ik~ and wind~arrn knwana pdK~ on ~ny of uiZ butld~np~, an~r iMaat MMrdn a p~rf tMrwf, In ~M aaprpat~ w~n ~fa~ld a
b Ncaa rMnoi, ~1 oon~~in tM uiwl aarx!«d mor~ppM d+w~ a wd~ ahw clwa w ~M Matp+pN n+~Y nquir~, AakMO th~ by urrMr wid polb
da„ ~ and wKy. WYabN 1o taW MORTGAGEE a ib {nNrtst may ap~~r. ~nd ~ad~ ~nd wKy wch policy ~l+all b~ promp~ly u~:9Md ~nd tMliwr~d t0
~ny MW by wid MORTGAGfE ~t fwtlw~ ucwNy ro s~id mortpp~ d~bt. +nd. no~ It~ ~Mn Nn (10) day~ in advana of tM ~xpir~tior? d Mth Pollty. w da ~r.
IivM b wk! MORTGAGEE ~ r~wal tlKr~ol. wp~rMr vrhh ~ r~a1p~ for MM pr~n~iwn of wch r~wd1 a~d tMn ~halt b~ no ftn a win~b~o.m Mwwwa~ t
pl~pfJ 011 M1r OI MW bVll~np~. My Ie1lifNt tAMfill 01 Pitl tIMf10I. u~+1~ ln ~I» for~m ar~d with dN Iou p~ybb ~s ~for~s.idi and In tM ~wnr anp swn
of nwnhr bcan»s payabl~ ~ndr wch policy or policba ~aid M~ItTGAGEE sMll I~aw ~M optwn w naiw and apply tM s~n~ on ~coo~nt of th~ k~d~bt~d
. e~a New~d iw~by or q p~rmit ~aid MORTGAGORS ro no~tw ~nd us* N a~m parf tMr~of fw otl?~r pwpoas, without ~hs~.br waivinp or imp~ih ,
~~~n14 I1M OI f{~FII W1~~ O~ ~ VIffW Of 1F~{ f1101t~aWJ Nld III tM ~Wf11 NId MORTCi~GORS ~FMI) fOf NIy fNl011 ~~II 10 kNEf tIN NW p?M11Ni W
Imw~d. ar faN b d~Nwr Pranph ~ryr ol NW POIiCIN O~ ~MWi1K~ b NM MORTGAGEE. or f.i~ w«~~b +o wr t„~h ~ny pr«niwn thK~fo~ a In aMr
nipat fdl b paFonn, dnchw~. ~x~cua. ~HM. canPbb. comPh? wirh arw! ~bid~ bY tha oaw+~+nb or anr put Iwrwf, said MORTGAGEE may plaa Md s
P+r fo. w~d~ Mrurano~ a s~+r p~.t tM.wf without wdvinp a~ff~cti~+0 +n~? aP~ion. ~Mn, ~qu1h?, a ripM ~ a bp vlnw ot N+b Maro~. M+d th~
ivll amovM of ~ach and ~v~ry such p~ymN+t ~MII b~ iie~n+ediahly du~ and payabN ~rd slwll bw~ htwKf fran tM dat~ thtrwf untU psW ~t th~ r~t~ ol
niM pN oMtwn p~r ~nnu~n u~d fop~tht~ with wth inMrpt shall b~ s~cw~d by fM li~n o~ Mb m~ott~~pw .
l. To p~rn~it, cam~it or wffer no w~sb. tmpalrm~nt w: d~taiw~tion oE s+fd proputy w a~r put tMrw£ .
S. To pay ~11 and sinpular th~ aoat~„ ch~rpa and ~xp~nse~„ indvd'~rg • nawn~bb attorney's fN and o~ts of ~batr~crs of titl~. im.wr~d w pakl N
~ny tims by wid MARIGAGEE, b~caus~ a in tF» ~w~+t of th~ failun on tM part qf tM s+W MORTGAGOR w duly. pranptly ~ad ivlM p~?tonn, d'acha~pR
uc~cv». ~ff~d. eor^Pk». oomPb with aed ~b~d~ by ~~ch sne! ~very tM stip~Aatiorn apr~rants. oonditiom. ~nd oownanb of s+id praniswry not~ ~nd thia
niatp+p~ an~r or ~itl+N. N+d s~id coa~s. eh+ry~s ~nd ucp~rws. ~aeA a+d ~y, slwU b~ MemNdia~ay dw and payaW~~ wMthN a ~wt b~ aaiu dr
m~nclr ~t~emp ro collxt or sutt P«~d'~^W lr~d~lbt fvll smouM of p~ +nd ~w+Y svch WYmsm-~MII b~a? Mtenat han the daq Nw~of wdil pdd ~1 N»
rat~
op~
~ pp cen~wn P~r ~ru~wn: and dl sdd aostt. th+rpts ~nd ~ap~ra~s incwr~d a p~id. toWlha with wd~ int~raf. ifall b~ s~cw~d b~r th~ li~n of thit
6. iMt i~ ~thi wM+t ot u~y breach of fNs 1111onpp~ o? dsfwlt oe th~ put of tM MORTCsAGOR. or (b) in th~ ~wnt any of ~aW aMnt of mawy
1»r~tn nf«nd w b~ e?a pranptly «~d fvlly p~td w~rhin thuty t30) d~ys n~xt aft« tM sam~ a~wwuy b~eortN dw and p~rabN. without d~enand a notie~,
or W h tlw weM ~ach ~nd ~very tiw stipulatioer„ ~ptNmenta, tonditi«r and oow~+nq of s~~d p.omisso.y non ~nd tha mortaap~ anp a~irh~r ~n na
~Y. P~~P~h ~nd fuUy p~rfo~m~d, di~chuped, ~xewted, ~ff~cyd, aomPl~Nd. canP~~d wiTh and ~bided by. tfwn in ~itha or any wd+ ~wM tl+~ ~id q
pr~SN wm men~iorwd in ~W promiuwr ra1~ then ~amaininp ~np~id, with intenst acvwd. a+d all moMys aew~d l~~by, sh~ll b~oo~eN dw and p~p
~ble forthwith, « thsreaha, af tM option of ~aid A~ORTGAGFE, ~s fully and canpb~ely ~s If ~II oi tM aid swm of mon~y w~r~ aipinally sNpulated
M b~ p+id on wch day, anythinp in said promiswry oot~ a in this Morp~ to tM oontrary notwitMtandlrg~ ud thawpon or N~er~ahs~ ~t th~ optia? of
uid MORTGAGfE, witl+out ~otic~ or dem+nd, wit at law or in puiry, therdort w tF~saher Mywy may b~ prw~cvt~d as If dl mom~ t~ew~d I~~by
_ h~d matur~d pno~ ro m irutin,ran.
7. ?!M~ ln N+~ ~v~nt Nut at ~h~ b~inninp of a at any tire~ P~~~O +~Y N+H vpon tha Morty~pe. a to fonelos~ h, or b nfonn it, o? to ~nfo?a
paymeM of s~y d~irtq hueund~t. s~id MORTGAGEE sh~ll ~pply to tM Caut h~vinp ju~iulittian thtreoi fw tM ~ppaMntint of ~ RKtiver. wth Co~Mt shilt
forthwi~ appoirN a rec~iver of s~id mort9a~d pope~ty ~11 ~od sinpvlar, includug all ~nd sinpulw ~h~ incortw, profita, bwK and nv~rw~i hpn wh~tw~r
wwu d~rMd. t~d~ ~nd ~wry of wh~d~. it be~np ~xpressly underatood. is hereby morty~ped aa if sp~citically ttt forth arwl d~svibd In th~ prsntinp and
hab~ndum dawa hereof, ~nd wch Reaiva shall Mw all th~ broad and effectiw functans and powKS in anywis~ M1rwNd bp a Court 10 ~ R~aivN, and
sud+ ~ppointment shall b~ mad~ by wd~ Court a u~ adrnitted pvity ~nd • matt~r of absoluts ripM to ~+W NIORTGA<3EE, and wlthou) nhnna b tM
~~racy a inad~quacy o~ tl+~ v~lw oi th~ prop~~ty mortpp~d a to th~ sohre~cy a i~wlvency of Nid MORTGAGOR a tM def~ndants, u~d th~t wd~
ra?ts, profifs, income, iuues ~nd rtv~wxs sh~ll b~ ~pplied by svch Receiw? ~ccordinp to the li~n or puity of said MORTGAGEE and tM practia of wch
Covrt.
8. To duy, promprly ard fuly p~rfwm, dach~r~, exacvr~, eEfact, eomplete, comply with and abid~ by ~ad~ and w~ry tM stipubtiom, aprsa-nMn,
cor~t!'itiona and covenanrt in sa7d promiuory nos~ and this mw~yage set forrh.
9..Th~t,ln t~ rv~nt~!t~ ow^~r~ oi the mort9ped qemises, or ~mr psrf tlxreof, beoomes wsted ie • penon otha th~n tM MORTGAGOR, th~
IYIORTGAGE~ hs success~ois anJ 'suigro, mar, witho~rt naice to tM MORTGAOR, dsal wit6 such wueafor or waessor i~ intnNl with rtferMCe to thq
mwtp.p. and rh. d.w r~.r.b~r .ecv..a in Ihe tan~. m«+ni. ~is wid~ ~Mo.rg,pe. withouf M iny w:~i vhiatii+~ a d'iscFwpkp th. Mo.~p.po..• u.wuty ha.-
un~er or upon rh~ deM ~t4by aecwed. No s+l~ of ri+~. panises, hereby ..nwrt~p~d and .nq fwb~r~e on ,M~ py~. ~oi t1~: MORTG~WEE a Ns wocesson
or aaigro and no lxtensan of the time fw tM psyment of the debt I+er~by ua,r~d Qivin by th~ MORTGAGEE a, i~s wcas~on or auipea, aMll opaah
b r~k~se, dscFwrpe, riadifjr change a ~ff~tf 1M o~iA~l tbWli~y of tHs MWtT(3AGCIR h~r~ie~,' N~hei in wliote or In p~f. '
10.~)t k spec~fk~lly apred rhH fin~ M e~ 1M eiilnce ef4his obM.aa and' thit.no w~lwr of ~ry oblip~f~On "1~wnda'or of tlr oblq~tion w-
a?red hertby shall at any tims thercafiar be hsld to be a wairer of the terms hereoi a of the irwrument s~axed Mrby.
11. In add~tion to the fwego:ng mo~?thly paymeros of princ:p~l snd interest reqvired by the promiswry nole setured hereby, morty~gw oovMants
and aprets to p~y to mortyagee with each monthiY paYmsnt ~n add~tanal ium estimated by motty~pq to be pusl b I/12 of ths annw) tost of fhe follow-
in9o • -
A-All ~eal property taaes kvied u auessed sysi~nt the ~bove described real eatste:
B-Premiwro on•fi~e a~d'wu~dstorm ir~tixance'as hM~in r~qu:red t6 k» atrild-on ths'improvei~Mtrshu~te dn Mi=abdve described ptemisa.
C-Premiums on wch rtwrtgags guaranry inswance aa mortgagee ihall irom time to time deem fit to urry on fhs twn sswr~d hereby.
~Y1or~yagee shaY.frpp time to ume. nW~i~ mor}gapor in writi~g of thr amarnf d}re. snd paysble~lqrewid~r u+d wch:sqm ahsl! Nwrwpoe b~ d~ ~nd
p~yabls on ihs due date of the next monthly" psymei?i and eac!? succeaive month thereaher until mwtpapee ~hsll notify r~lort~sgw of a chanpe i~ such
~ amovnt. Sud+ sums shall b~ applied by mwtgsyee towud the paymer?t of reel propany t~:es, insurarxs prem;w~u, and mortyape ~uaranry irovruio~
~ prenwwro• _ .
IN WITNESS WFiEREOF, tFie laid 1NORTGAGOR has hereunro sst his h~nd and s~~! tf+e d~y ~id ~ f&st aforts~fd.
S~abd d~l a~ in tht p~~na of: ~
~ - - .
fllc ~ '•h: '.~~~JtiDEO ~
~ ST_LU:ic COU~?AS`~. _ A S. G!a
~t;l, j,'r.,c~~' COUR Ma a Qt M. a ~ n
. ~ , . , Q
STATE QF FLOR{DA ~ N~ ~ I I 56 ~H ^
COUNTY Of '~'t'~'~-- ~ '
,,~~..•~~t}y~f'- .
John S. Gsay . ~ •
~fore +r» perwnally aPP~~rod s„~ -`p: .
Marnare t M_ Gr ~ ~ p
~L his wif~, t4 me w~ll knowrl ,~ald~irl~.lp'
tFw individwb desaibed in and who execvt~d tht forepoirg instrwr»M, ~nd acknowledged btfon ms tMt th~y ~xscuted:
~.~~~hri .f~';d~: . '
there~n expressed. Md tM si MiZ arat M. GICe ~;l
John S. Gsay _ ~ l . : . r, _
wif. of rtw s~id
examin~tan br ms qke~ s~ r~tt and a n from her ~aid husbar?d. ~'~~f';~'~;
a P+ ~duwwlsdpad ro.nd befae m~ rMt aM •x~cve~d s~id Y' :
tarily ~nd w~thaA arry compulsion, caatraint. ~pp?eFwnsion~,/~ ear of w from h~r said husband.
s`=). l L'~~
WRNE55 my hand illd OHICNI iQil 1FIii °~7" day of %~1~• ~ `
. Notsry P~Wic in and fw tFN St~t~ d ~af.~~lpr`
Retum To: My Commissan e:pir~s: d~.~J~78
Fint fed~al Savinp~ Loan Aswciat~oe 1'1NoM 11~1ty EtoM /IMldo at Wr9~
Of Fo?t P+erce. AI~ C~w~M1M ~r/irM 1~~ ~m
Fort Pierte. Florida w:~M G~h
This Instrument Prepared By John W. Collins
Fi~st Federol Savings b loan Association
~of Fort Pierce Rlo=ida
F~Rx~~~ ~1594
Checked 8y , - . . . •
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