HomeMy WebLinkAbout2653 ?o pl~u ~++d contin~w~,i1y k~p on ~M bu1!diny~ now a I+K~ah~r ww~h on iaW bnd and on dl ~qvip~n~~u M+d p~non~lly cova~d by ?hi~ maq~ i
q~. with aU pr«niwm tM~wn paid in full. iK~ iniur~oa in tM wwl ~uodud po8cy form, fn • sum ~pprowd bp th~ MORiGAGEE. ~nd wind~~aiu ~-1 ~
MNw~na In ~M uwal ~~andard pol:ry t«m. in ~ wm approwd bl? tM MORTGAGEE. in wch aomp~nY or oomMni~+ M tl» MORTGAOEE maY
dincll and •U fi~. and wind~nrorm inwru~a i+~iciN on a?r ol s~W bviWinp~. a?y inNtat ~ha.M~ o~ pu1 tlw~of, in th~ pp.p~lt wNn •fortNW o~ `
b~xo~a ~Mrwi, ~MII aom~in ~M vsual u~~d«d mor~9.p~e c1auN or wch a1~ clw~ a th~ MlorqapN matl ~~qu~n. j
cfa. ~ad~ w~d ~vKY, ar•w. w iak! MORTG/1GEE ~s in intKal may ~ppw. Md Nth and w~y wd~ polkl? ahali b~ pon~P~~y N~~q~Nd ~nd dNivN~d W~~'
any Mld by wid MORTGAGfE as fwtF?K secvr~y ro u~d ma~Qy. d.b~. ~nd ~ lea tMn an (10) day~ in adv~na of tM ~xpiation of s+~d~ po~ky. ro dN
UvM fo said N1pRTGAGEE a?~w~l tMr~of, ~ope~h~r with ~ roaipt fa 1M pr«niwn oi wch r~eKwal~ and ~i~~ sMll b~ no fin w wiodi~am Maw~nct -
ptaqd on w~y of Nid buiMh~qs, ~ny imerNt thu~in a p+n tMrwf, unl~ss in tM ionn and with ~h~ loss pay~bb a~fons+fd~ ~nd i~ tl+~ ~wnt ~ny sum
of rewewy b~conw payabl~ under ~uch poliqr o~ polici~s ald MORTGAGEE ahall Mw ~M option ro r~uiv~ and ~ppty th~ wn~ on acoo~+nf o( ~M ind~bt~d a
Mu s~cwed hK~by a b pKmb wid MORTGAGORS ro naeiw and w~ it a any pwt tM.w} fa othe~ pwpwM. without tbsnb~ waivinp or impain
t~p ~nY p~rity, li~n a rphl uoda or by virtue of this mortyap~: and in ~M ~wnt uid MORTGAGORS shaH ta sey naw~ taN to kNp tM said p~anasa a j;,
M~wrd, w(~fl b deliw~ promptly ~~ryr of s+id policka of in~wa+u fo s~id NWRTGAGEE, w i•~1 prompdy ro par h+ItY .e~? Wwns~+r^ ~1+«•fw o~ N~ny
n~p~ct fdl a p~rFa~n, dixM~~e, ~xicut~. tfhN. compbt~. com~ly wteh ~rd ~bid~ by thh cowe+anl. a sny pa~f Iwrwt, s+fd MORTGAGEE ~nar pt+cs ard
WY ~or wd~ inw~~ o? sny put thtreof witho~t w~lvinp or aff~dinp +eh? aP~1on. (i~n. M~~~Y, a riyM w+dN a by virtw of tNs Mo.1p+p~. and tM
fuli amount oE ~ach and ~wry wch payment ~h+il h~ ~mrMdlat~ly dw and p~rabl~ u~d sh+l) Mar MtK~sl (rom th~ dat~ tlwwf ~ntil paid ~t th~ at~ ol .
nk» pK oentwn p~r ~nnwn ~nd to,r~hn with such intasst shall b~ secur~d by th~ liin of tha mwtpp~.
1. To pwmit, aomnit or suff~r no wat~. Mnpairment or d~~er~w~~ion of a.id prop~rb a uiY P+rt tF~~of.
5. To pay ~II and sL+Qular tl+~ co~ts. cMrpes ~nd ~:P«+sea k~cludinp ~ reaon+bl~ attorr?~ws fN ~nd oosn of ~ban~cts of tifl~. t~cw..d w P.~ a
~ny tim~ by s~id AAORiGAGEE. Mcws~ or in tM ~w~?t of tl+~ f~ilw~ on tlw put of the s~id MORTGACsOR w duhl. promWh «+d f~iN p.rfa~n. d~x~+.~v~
~x~cvt~. ~ff~. oomptett. oomply with ~nd ~b:d~ by ~ad+ ~nd every tM stipvlations, apnern~nfs„ co~ditiom, u+d oown+n» of ~aid promi~aory noq ~r?d tha ~
fq
morpap~ any a e~~M.. and s~id cosrs, dw~es and expa?ses, e~ch and ~very, sh+ll b~ immediat~ty dw and pay~bl~t whetMr a ew~ tMr~ b~ no~ice dr
m~nd, ~nempl ro colkct w:~if pe~d~nys ~++d M+e fvlt unounl of ea~h ~nd awry ~uch paYm~+~t ah+il b~a? intsr~st fran tM dah thtr~of unNl paid af th~
rate of nios p~r untum pa a~r~umj and all s+id cos?a, chupes ~nd exp~?ses inwrr~d o~ paid, Iop~fF~r with wch int~rqt, sh~ll b~ aau~d by tM liw~ of Nw
matC+~e•
6. TMt in fhe ~we?t of any Ix~ach of this Matpap~ w dsfaulr on ttr part of the MORTGAGOR, w(b) in tM ~v~ent any of wid swro of moMy
haan roferr~d to bs ~+w pr«nptly and fully paid w~~h~n ~h~~h (30) days ~,ex~ •fTa ~M w~. ~even~y b.co~,,. dw u+d Parabl.. without dsm~nd w notia.
or in tlw ewM ~acA and ~wry the stipulatiau„ p~eemenb. cooditio~a and cownsnh of sa~d promis~o~y ~wtt u~d this mort9ap~ any or eiNw ~n no1
iuly, pomptly Md fully p~.f«n,.d, d~scM?ped, execwed. ~ffscnd. caopl~td. compli~d with ~nd ~bid~d by. tMe in ~ifher ot any ~uch wa+t tAe s+id ap~
pre~ah wm memioned in sa~d promiswry rate then remsininp vnpaid, wifh INHlf/ KCfYld. and all mo~tys ascur~d Mnby. sh+ll b~oon?~ dw ~nd p~p
•bl~ forthwith, w ~here~he~, at the option of said MORTGAGEE, u fully +nd complttslY as If all of the s+id wms of moe~y vwr~ orqin~lly ~tiputated
ro be paid on wch dsy. anything in sa~d promisw~y note or in this Mortyape to tM contrary notw~thsund9np: ~nd therarpon or ther~ahu at iM op~ion of
•aid MORiGAGEE, without r+otKe w demaod, s~it at law or in equity, therelor~ or tMreafta bs~un, m~y be praec~t~d a~ if all natMyt s~ow~d h~nby
had matured prar to in instiwtion.
7. Tha~ in the .venr rhar ar tF~e beginning of or at any time pending iny wit upon this MoAy~, or to fonclwe R, ot to nionn h. or to ~nforq
payment of any claims he.evr+der, iaid MORTGAGEE shall apply to the Court havin9 jurisd~ction the~eof fa tM ~ppantm~nl of ~ R~ulwr, wch Ca+rt sh+ll
forthwith ~ppo~M a receive~ of said mortyayed property all ~nd sinpulu. i~ctud~ny alt and sirpulu tM i+~oomR pofits. 4sws +~d rwsnw~ ftom wh~twN
towce derived. esch and every of which, it ixinp expressly undNStood, is hereby mortqaged ~s if sp~ciiitally sef forth ~nd desaib~d in th~ ~sntinp ~nd
Mbe~dum c4vses hereof, snd such Receive+ shall Mve ~II the brd+d ~nd effective funct~ona and powen in snywise ~rttrusted by • Court 10 • R~ce1vK, and
such appoi~tmeot shall be mad~ by wcF+ Covrt ~i ~n admitted equity ~nd a m~tter of sbsoluh ripht to s~id NWR~GA('sfE. ~nd without nfer~nu to t!»
adequaq or irwdeqvacy ot rh~ wlw of ~he properrr ~9+9~ Q~o the wtwncy o? insdvency of s~id N10RiGAGOR a t1r def~ndants, and that wd~
renn, profin, income, iuua snd rovenues shall De applied by sucfi Receiver accord"enp to tl+~ lien or puity of said MORTGAGEE and the p~ctiu of such
Cour1.
8_ To duly, promptly snd ful y pe~form, d~chsrg~, execvte, efiec~, oomplet~, comply with ~~d sbid~ b~r ~ad~ and wsry th~ stipvlations, ayr~ert~nta,
conditions and covenants in s+~d promiswry not~ and this mortyage sd forth. ,
9. That in the event the ow~crship of the mortga9ed prem~ses, a any pHt thereof, becomes vesled in a ptrwn other tMn fhe MORTGAGOR, th~
MpRTGAGEE, iri successors and sugns, may, without ratice to the MORTGAOR, deal wilh such wcceuot o? svuessw in interdt with referetK~ to thiq
mortga~e and the debt he~cby secured in the same ma+~ner as with Mortgagor without in ~ny way viti~tir~ a dischar~inp fh~ Mwtyapors' U~bility Iwr
unde~ w upon the debt hereby sewred. No satt oi th~ prsmises hereby mortgaged ~~d no forkiearance on tM p+A oi tM MORTGACaEE or its wcceuas
a auig.~s and no extens~on of ~he t~me fw the payment of the debt hereby sewred yive~ by tFN MORTGAGEF w iri sucoessors w ~ssip% atwll opaat~
ro rekase, d~scha~ye, mod~fy chanpe or aHect the eriginal lisbiltty of the N10RTGAGOR he~euw, either io whole a in put-
10. It is spec~ficstly ag.eed Ifiat time ia of the etsence of this tontr~tt snd that no waiver of ~ny oblipatqn hueuoder w of th~ oblipation ti-
cwed hsreby shafl et any time tFrcreafier bs MW.to b~ a waiwr of the terma hereof a of tir instrurtw~t sscwed Mrby.
11_ In add~tion to the forego:~g monthlY paYmenu of princ_pat and interes~ requ'wsd by the prom~ssory no~e secu~ed hereby, mortga9w cown~nts
snd agrees ro pay to mortgagee +with each monthly p~yment an addirional wm est~mated by mortyayee ro be equal W 1/12 of the annwl cost of the fdlow-
~++9~
A-All resl pr3perty taxes Isvied a astesud sgairut the above described reat esute.
; B-Ptemiums on fire and windstorm insurance as herein requ~red to be tarried on the improvemenb situate on the above described premisea.
' G-Pn+niwns on s~?ch mortgage ywranty imura~e ~a mwtgsgee ~+all from time ro time deem fit to cmy on the Iwn secw~d hereby.
Nlwtgagee ahaM from time to Gme notify mortgagw writinp of the amoum due snd payabls hereunder ~nd such wm ahall tF~wpon be due and
psyable on the dve date of the next monthly paymen? and exh successive month tFKre+fter until mortyagee shall notify mwtyapor oE a ch~ny~ in wth
smouM. Such wms sF.al1 be applied by mortgagee toward the payment of real pioperty taxes, inwnnte prem:ums, ~nd morfyaye gusraMy inwwnte
premiwns.
IN WITNESS WHEREOF, the said MORTGAGOR hss hereunto set his hand ard u+l ihe day and yesr fint sfores~id.
Sipned. Sealed s~d delivtred in tM pres~nos of: FILE4~ p, •~'~tLUi!OED
7 ~4L~_ ,JNTI fLA• q
9 S• . : ~?~S . ~
F'. ~pT ~
(,•~L:.i~.. ~ • Li ?
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rs..q
STATE Of fIORIDA N Y~{~ IL 3~ ~ . ~
COUNTY OF St . I~1C ~6 g ~ "
ste~ w. B~i 321.~.'75 ;
e.rae ms pe.son.up ,ppe..eo ~
Sharon L. Bllll h;s wif~, to en~ well known and known to me to b~ t
ths individuals described in ~nd who ~xecuted the forepoiny instrurt?ent, and adcrawledged befor~ m~ that tMy e~c~cuted tM ssnr fw tM purpw~s s
rn~.~u, •xP.~.ed. a,d ~t~ Sharon L. Bull '
wife of tF» ~sid $~,AOA W. ~Llll vpon a sepa~at~ and priv~N
examination by me taken scpsrate and apart from her said husbend, ~duwNrledged fo and before me tMt she executed s~id frotrumsnt frs~ly and volwr
tuiiy and w~thout a~y compulsan, constraint, ~pprehension r fear of w from her taid husbaad. .~r
WITNESS my h~nd a~d official seal thiL day of N~A~~r A. D. 19~
r
t
Notsry Public " for tM St~U of Florid~ tl Lary~
~ My Commisi ~xpir~olary. P-1':. Se~tc oi Ft~.r.aa at lc•~
Return To:
finf Feder+l Sa~inp~ 3 loan Association My Cc:: - - : . ; ~
Of Fat P~erce. 8en~iEd br AncerK:+~ i,~_ t. C.ui~,.itf Gn.
Fort Pierce, Florida
i
) . :;:f~, f•'p~'`,-
This Instrument Prepared By Gary F. E11Ftood ` f' :
First F~deral Savings E~ loan Association _ '.~,,,r..
of Fort Pierce~ Flo~'ida - : ~ ` _ . ~ t
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Checked By ~ - . : v • ~
s~ r,_~~J
BOOK~~~ PACE~V~ ~ ~ L' =Q:,--.S''fc
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