HomeMy WebLinkAbout2006 To pl~a a~d cor?Um+o~sly k~~p on ~h~ buiidir?p~ iw~w a lw~~aftv wtwa a+ s~W land u+d on a11 pviprmm ~nd PKwn~~h oawr~d bp tN~ narq~
p~. with ~11 pnmfw~r tMr~a+ paid 'w+ i~711, fin in~w~nu in tfr wwl pu+d~rd policy fomb M+ ~ wm approwd by tM MOR1W?GEE. ~nd winds~oreru
fnwrana In tM wwl ~~u~da~d polky fanb in a wm ~pp.ov~d b rM MORTW~GEE. in wch oomp+nY o? ooMWnia N tlr MORTG/1GEE may
dk~d~ ~nd dl fk~ and wind~lorsn M+swano~ Polic~ on ~nY ~ uir butld~„ anr MN~Mt th~nL? or p~rt tl~~of, h th~ apprp~t~ swe afohwid ot f:
In ~+ccNS ~Aerwf. ~h+ll sont~ln rh~ wwi ua~d+rd mortypM d~uN a wd~ oth~r ctwN w tM IMortpapN nwY hqu~n~, e»kin0 th~ loa unda atid po1F
cIM. ~+ch and w~ry. Wrab1~ a Nfd MORTGAGEE a~ i» int~r~at m~y ~pp~N. a+d Nch M~d ~vay wch ~wlicl? ~hall b~p a^P~b ~9^~ M+d ddjwt~d a «~h
•nr h.ld by s.W ~I10RiGI?GEE •a fw~h.r ,.cwiry ro s.W monpp. deb?. ~nel. not I~a than qn (1~ d~y~ in advaea of tM ~xpk~tan of ~ad~ polkl?. b dr ~
llw~ to uid MORiWU~EE ~ nn~wd thawf. tOONIMf WNII a fKflpi Mf fM pIMlIIW11 Of NKII ff1NWi1j a~d rha~ ~MII b~ no fw~ a winduam Mawanu
pl~ad a+ any of ~id butMinp~. ~ny tn».at eha~tn a put tM.wf, w?Ips M tM iorm u~d witF~ tM loa MY+bI~ a~fonutdi ~+d in ~M ~wn1 ~ny wrn +
of moMy b~wma p~yabN w~ wch po1kY or policiN ~aid MORTOAGEE s1uU Mw tM option w nc~iw wd ~pply tM wn~ on ~ctouM of 1F~ h+d~bfed~ .
n~ s~cvtrd h~nby or b p~.mit ~aW MORTGAGORS ro r~piw and uN h or ~ny pwt tMrwi fa othei pwpwea. without thirtby w~Fvinp w kop~in
Inp +~ryr puitY. li~n a ~ight u~d~r w by vtnw of tAis mor?y~y~j and in th~ ~wnt wtd AIIpRTGAGORS ~I?~It fa any e~awn fai~ w kNp th~ aW prKnia~ w i
w+w?.d o. f.a a d.iiw. p.o~+y .~+y of ,.~d ~~cw. of wa~,?a~c. w..b Nwrttw?c~E o. t.~~ aoRw~h b wr w~b +~r a«~~+~+ t~+...+a a a+r
n~p~e~ fafl ~o P~rlam. d'adw~p~. ~s~eua. ~ff~, oompltt~. oomPh? with aod ~Md~ by thb ao~wn+nt, o? ~e~? part Iwr~of. wid MORTGA6EE mn? P~aa +^d Y
Wr fa wd~ imw~nn a a~r pnt M+ehof wi~hoet wNvinp a aff~ctinp +^Y eMioA, ~1~n. Muib. w ripht undN a by virtw of thb Mor~qp~. ~nd tM ~
ivll amo~?nt of ~ad+ and ~wry wch WYn+«+t siwll b~ imnedi~hly du~ ar~d qyaW~ ~nd sMll bwr Int~r~st han tly dat~ tMrwf .until p~id ~t tM raN ot .
nIM PN OM111M1 ~t ~M1Mn A11d IOpQtIIlI MI~tA fti(I1 IfltNpf fFNII ~ NCW~ ~ tFN II~11 OI 1I1~ IIIOff9~Q~.
1. To pKmit. canmtt w suffu no waib. MnWirmtnt or dtteria~tton oi said propsrty or ~ny put tMrwf. ,
S. To p+y dl and stnpul.r eh. eosrs, eh.rp.s and •xp.n+.a 1n~ludinp • r~.~on~bl. ~tt«+wy'. f.~ x?d eosn of .b~n.ea of fl~N, innx..d a ptd a
~ny tirM by s~id MORTG/1GEE, Mcaua~ w{n th~ w~nt of tht f~ilun on ti» put of 1M s~W MORTGAGOR 1o duhl, promWN ~Y P~a~
ax~cut~. effM. aomPl~ta oomPlr viritb ~ad abid~ b~r ~+ch and ~wry the ~tipul~t~om, ap?earwnq. aonditions„ and oown~nri of s+id promissory ~oN snd this
nanpap~ +nY w~irlw~. and ~d cos~s. cMr9~a u+d ~xp~nNti sacA and rw.y, shsll b~ M~rmdi+hh ~+^d WY+~t wMtlwa a not tMr~ b~ notia d?
m.ewl. .n.mp~ ro oo1Ma w wit p.od~ny~ and rM full an+ovm of each and w..Y sueh wrmM+~ stwll b.u im.r.~f fran ~Fr d.n th.nof un~N paid eM
r.a of nins pa centum pa annwn; and all said ooin, chu~a aed expN+sss ~nairr~d or p~id, top~tha with wch intuat. ~MII b~ s~ax~d b~? th~ li~n of thN
mortp+pw
6. ilwt W in tM went ef ~ny brexh of this Mort~a~ a d~fauit on tM pan of tM NWRTGAGOR, ur (b) M th~ wenl ot wid twro d na~ey
ne.~+ ..h...a eo b. ~+m P.o~h? .~d ~?ny P+~a w~~~n ~n~.ry tso~ d.ri n.x~ ~.+~•~y b.cw+,. aw .~,a P.y.w.. without d~mw+d a notic~.
a(d in tiw ~wnt ~ach and wry th~ itipulaYwns, pr~an~nts. co~ditions and cov~nts of aa~d promiuay not~ ~nd this n+apap~ anr or ~ithu a~ no1
~vN. P?~P~~Y and fuUy pwfa+n~d, diacl++r~d. tx~cut~d, ~ffstted. oompl~t~d. can~?li~d with Md ~bided dy. tMn h~itha w any auch w~nt tM aaid a~
yre~t~ wrn msntaoed in said promisswy note then nmaininp w~paid, with int~t acuwd/ ar?d ~II mornya s~cw~d iou~by. ~FNII b~com~ dw and piY~ .
abl~ torthwhh, or tlyn~ha. N 1M option of wid MORTCAGEE, ai .firlly ~nd eaRipbe~lp af i1 all oF tFw ~W +um~ of moei~y w~n aipindly stipvlahd
ro b~ prid on wd? daY. ~1A~p in ssid prdmissory notl w in this ~brlpsq~ td tM oonNary nWwilhat~ ~d t~upa~ a tlrnsfh? ~t th~ op~an of
•sid MORTCsAGEE. witM~1 no~In or dMnand,, wit at Iwv or Li pvity, thasFon c/ tMr~aNer bpw~, mar b~ prowM~d ~ if 'NI moM» s~aK~d Mr~by
had m~hxed prlor to its i~atitutio~. - _
7. ?h~t ln tM w~nt tMf at tlw begirr~inp of or a~ any tlme pend'irg +ny wit ~pon this Mortya~e, or ro fa~clo~e N, w b nfonn N..a fo ~nforc~
WY~ of an~r clainu hereurw~r. wM MORTGAGEE sl+all ~ply to tM Cwrt Mvirp jurisdinioe tM~ed for th~ appointen~nt of ~ Rtuiver, wch Cowt sh~ll
forthwiM appoiiN a naeiv~r of s~id mortpayed proputr ~II and sirgulv, includxg ~11 aed sing~tar tM irKOrn~, profit~, h~ws ~+d nwnws fran wh~t~wr
wwa derivad, ~ach ~nd ~very of which, it beinp eapreuly ur~dersfood, is hsr~4Y mwtgaysd a i' specifiSally s~t forth ~ed d~wib~d in th~ ~~ntinp and
Mb~i+dwn clwas her~of. ~nd wch Receivar sMll Faw afl tM brwd and ~ffectiw funct~o~s and powers io anywise entrwt~d by a Co~rt ro~ R~uivN. and
~~ch appoiotm~nt shaQ be nwde b~r wch Caxt u.an admittad equity snd a man~r of ab~ol~t~ ripM to ~aid NYORTGAGEE, and wid+out nf~t~noe b th~
adequscy a irwdequacy oi tM vslue of the property mw~p+Q~d or to tM wlva+cy or inso~ventY of said MORTGAGOR a tM d~fMdanb„ and that wch
rsnts. Profin. Incane, issuss and rwNwes sh~ll b~ sppli~d by such R~cetver acoordinp to tM I'i~n or equity of safd MORTGAGEE ~id th~ practia of wcA
Court. - . .
8. To dviy. pro~wry .~d f~ur p..t«~n, ~sdw.~e, sxec~~, eff.a, oonple% compir wirl~ a~+d aWd. bp ..ch «d ~v«y fM sriputario~4. +O~..men4,
cond'dioia ~rd coveoaNS in a+~d promissory ewt~ and tha mortyape set fonh. _ .
c
9. That in th~ event the ownenhip d tM mutyapad premises. or ~ny pirt tlxreof, becanes wsted in ~ pwwn oth~r tMn tlw MORTGAGOR. th~ i
MORTW1CaEE, i~s svcpswn and auigns. may. without notice ro tM MORTGAOR, deal witb such sucussor a wuessw io interost with ffflf~flp IO 1I1if
mwtpspe ~nd the deb~ hereby secur~d in the wn~ wwnner ~s with Mortp~ga witAovt in any way viti~tinp or dixhwpinp. tM MoA~apora' liabilitl? lyr+' ~
wda w upon ths debt hereby searred. No s~le of th~ premises hcreby raortyapsd u+d no fwb~ar~na on th~ put oi th~ 1NORTGAGEE a in woc~ssws ~
ur asi,g~s and no ~xt~ns~on of the tims fw tha payment of the debt hereby s~evred yiven by tFw MORTGAGEE or ita woo~sson w assiprr. aMN opuat~ `
ro r~~s, diuh~r~s, modify change or ~Hect tM aiginaf liabil~ty of the NYORTGAGOR hereiA, sither whob a in part. ~
10. h it rpsdfiully ap?eed thst tin» h of the essM+ce oE tHa oontnc? and tlut no waiw? of M+y oblip+tio~ I+Kexnd~r a of fM obllpstion w~
cvr~d Mr~by sh~ll at soy time ~hereahw b~ hdd to be a w~iver of the terms Fw~of or of ths iratrurnsnr s~cwed, Mrby. '
11. In addition to~the forego:ng monthly. p~ymN+ts of princ:pal and imerest rpuired by ths promiuocy not~ iewnd hareby. morips~or oo~wnants
and ayre~s to p~y to mortgagee with e~ch monthlr paYment an ~dd~rionsl wm estimated by mort9ayee to b~ eqwl to 1/12 of 1M snrw+l cost of ihe folbvr-
A-NI ral propaty taxes kvied or ass~ssed ayainst the abov~ desvibed real estate.
B-Premiums oe fire aod windsto?m inwrance Is hetein required to b! cu~ied on ths improvereenN aitwM On ih~ above desa~1fed pramis~a.
C-Vremivms on such monqs~e gwrarNy irnurance ~s mortgs9ee shall from time ro time dewn fit ro carry on th~ ban teevred Mr~by.
Mwtgagee sball from tims to time notify mortgagw in writing of tM smotx~t dw and payable herevnder and wcb wm sh+ll thenupon be dus M~d
payable on the due dste of the ~+ext moMh1Y p~Ymem and eaci~ successive mw~th thereafter ve~til mortgape~ ~hall ~wtify mortyapor of ~ thanpR in tuch ,
I amo~nt. Such sums shall bs applied by mortyag~e toward the paymee?t of real property t~xes, i~xante premivrm. ~nd mort~ape ~wn~ty inwrant~ '
j premiuea.
t IN WITNE55 WHEREOF, the ssid MORTGAGOit has hereumo set his hand and ual the day and yeu fint ~for
SN ar?d d~livsr ps~nce ~
~
~ , a ne . in on ~
~ - 4
.an ra . u c nson
a..q
STATE Of FWItIOA ~
St. Lucie ~
courm oF
~fa! ~ ~~~~y,~,~ Gelaine A. Hutchinson
Sandra L. Hutehinson w~e~ r„e~~ knwv~, u,d know„ m,m to b.
~he iad'rvidwh dewibed in ~nd who ~xecuted ths for~yoirg irotrwnent, and acknowledqed beforo me tMt th~y ~:ewted tM ~+mt for tF» prrposss
~~te~ ~ tti, Sandra L. Hutchinson
W;~e of th~ s,;d Gelain@ A. Hutchinson ,,.P..,~ ~ Pr;,,,~.
examinsYan b~ ms taken separate and apul from her s~id husbarwl, ~cfu~owbdped to and befon me thst sh~ sxearted said &atrurt~snt freely and vokrn-
rarily and witF~ovt any compulsion, constraint, appreMna+on, or fs~r of or from her s~id
~
WITNESS my t+~nd and official seal thi• ~ ~~i'~ day of ~ A. D. 19~r {
i
r - Notary Pvblk in ~nd for Siste of Florid~ d l~rp~
~ ~ w S T AT ~ p F f~
0 r'S o u~' My Commission eupiras: s:;:.
~ DOCUMENTARY~~
-~=,S1AN1~ TAX ~ 320'733 _ M~AE~v ouet~e sT~~"~ e+~ ~:K~iii~!e~ ;
c DfPT Oi
~EVENUE.S" ` i BW~DE~~~Mr~ _UN ~~s~.atG ~ ~,.'•;bf'~3
~ ; {
- K~: ~ _ ~ _ ~~y,2•~s ~=a Y ~ ! 5. 0 0 - _ :
_ P.e_ ~ ~ - j! ~
o - ri~o2 t.,.~` + , ' '
acEO i~7 0= ~ ~_n~-
flLti~ A'~~ aUMTY fl~• ` .r= ` t„
,This Instrument Prepared By ..G~r R. Bllwood ~T~ i~c~~ ~vF~~`+~AS T :z_t•. . J~~:: Q
Y ~ilR
9 ~f+E~ .._~F,
First Federal Savin s~ loan Association C~E~~• ` ~~ti~ y - f~' ~
a S'TQ~ c:
of Fort Pierce, Florida Af.~~F ~ ~u ~ ` ~~17f3•..,,. . ~
eh~ed BY~ ~I 1~ 11 19 r~n o v~
80DK~~~ PAGE~rV~JV ~
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