HomeMy WebLinkAbout2655 To pl~ ~n,i continuou?ly kMp a? ~M b~ildirp~ now a Iw~af~a ~ctuah on sad land a~d on ~11 p~,ipn»et ~nd pawn~lly covM~d by thi~ earq~
pR vritA ~U pr~n?iw~ ~Mnon pa~d in (~II, fu~ i~,w~~~u in N» uswl ~~ae+dwd polfep fon~, N•~wn app~rowd by tM MORTGAGEE. ~nd winduan~ :,w
inaxana in Nw wwl aandWd po1Kq fam. lo • wm ~PProwd by dM MORTO~AGEb In wch oomW^Y a oomP+ni~ N tM MORiGACsfE nar
dfr~eb ~nd ~11 f1n ~nd wi~+d~arm h+wr~ pdki~ on uW of ~ b~+ildMp~. ~nY Inw*~at eM.Nn w p~rt tMrwf. in dw pp~p~~~ ~wn da~s~id a-~:t
In ~aan NKnot. shdl aontdn ~Iw uwd uandard ~norropM elaua a weh d~Mr dwN ~s th~ Mq.q+pN ~1? nR~~n. ~LLq th~ loa ued~~ ~tid polh
ti~s. ~ath Md ~y. MY~bI~ 1o uid MORTG/1t'sEE as ib tnlt~at ~y app~~r. and ~ath ~nd ~vMy ~uch Pdkp ~Mtl M pomptly us:q~ed ~nd d~i~wnd W
any Mld br aid MORTGAGEE a fw?ha ~sawity to iaid ma~py~ d~bt, and, not int th~n Nn (1~ d~~ in advana o( tM ~xpir~tian ot ~ach policy. ro dr ~
IhrM to ~aid MORTGA(3fE s r~new~l thNwF. Iop~~hM with • r~ipt fa tM p«niwe oi wth ~~wd~ ~nd tMn ~hatl b~ ra fin o~ winditorm in~wanc~ -
pl~pd on w?y of t~id b~ildinp~. ai+y ir?qrest tMnin a p~rt Mwno1. w?Mss in ~h~ form and with tM (as pay~bl~ a ~tae~+id~ and b th~ ~wM a+y win ~
of ,tiy»y b~o~ p~yabl~ v~de~ wch poliey or policiN s~id MORTGAGEE ahaU haw ~h~ optio~ w reuiw aod apphr tM unr on ~ccou~~ ol th~ kid~bt~ ^
n~u s~cw~d h~r~by w q p~.mit wid MORTGAGORS w no~iw and uN it a My part tM~wf fw otha ~w paw wi~Fa~t ~ha~b~ w~ivinp a impair-
~~^Y M~~h. li~n a ripht vnda or by virtw of tAh mort~j ~nd in tM ~wnt Nid JNORTGAGORS sMll for u~y naan iNl w k~~p th~ wid p~Mnaa w'`
in~w~d. a fdl w d~liw~ P~o^+MN ~Y of s~W polici~s of in~w~ a ~atd JY10RT<3AGEE. a f~il p.omptly to par fvlty +u~y p~anium tMnfor a In any~~1
n~p~cf fail w pMiorm, discharqe. ~:~cut~. •fi~ct. camplrte. aomply wieh and aWd~ by tMs oovMant, w aiy p~rt I+Kwf, uld MOR?GAGEE m+y plsu ~nd .
WY /a wd~ inwrario~ w My p+rt M?awf withool waivinp a~ff~etinp ~nY uPtion. ~iee~, W~i~Y. w?ipht w~dN a by virtw of this Morqsq~. a~d tht .
fuU anawN ot sach and ~wry wch p~ym~m ~I++11 b~ imn?~diat~hr dw ~nd pyabl~ ~~d sh+tt bs~r {ntKast fran tM d~t~ Mawf until p~id at tM rab ot~•
nin~ pK pnt~m pK ~ne~n and together wi~h wch intNest ih+ll b~ wcvrd by tM li~n o~ tAi~ mort~~.
To pamit, commit or wffa no w~t~. Impairm~nt a det~ria+tion of said propK~y a~ny part tMr~of.
5. To p~y ail uid atnpul~r tha coan,. d~a?~s +^d ~xpa?~ea, inc{vdinp • naonsble ~reom~~s f« and aosn of abatnels of tit4. t~cwr~d a p+id a~
~ny lime by ~aid MORTGAGEE, b~ciuse a i~ tM ww?t of t1+~ failwe on tFr p+~t d tFr s+fd M~RiGAGOR b duh?, promptly ~nd futiy p~rform, d'ad+ar~
~:awt~. ~ffsct. compl*a. con+PN wc~fi ~nd ~bid~ by ~~d+ ~ed ewry th~ itipulatiom. +preemeed. ca+dltforo. ~nd aownantt of said praniswry ~oN and thit
nwrepp~ ~ny w ~tthK, and atd coib. char~s +nd ~xp~nsa. each ~nd ~ve.y. ~II M Mrrn~di~tefy dw and paysW~t whetFw a nw tMr~ b~ eotk.t d~
m~rd, an~mp~ ro colkst o~ suit pMdinp~ and tM futl amouot of•escl+ and wKy ~~?ch paymem shall b~a. intensl from tM d~t~ th~r~of unNl p~td at tM ,
rote of nin~ p~r ceMum psr ~nrwmj and all said owts. chuga and ~xpenus Mcwnd a paid, fop~M~n witA wth ir?qns1. shaG b~ Ncw~d by t!» lirn of tha
.
6. ihal W ln th~ weaf of ~ny bre~ch of this MortpaQ~ a defa~lt on t!r p~rt of th~ MORTGAGOR, or (b) in tM ~vMt ~ny ot s~id ~wns of mawy
herein nfKnd ro be r.o~ p?omptly and fvlly paid wi+hk+ ~1+~ny (30) d~ys mxt aiter tiK ~arn~ s~v+raty b~can~ dw ~nd pay~bb. witlaut d~maed a norics.
w W in tM ~wm ~~ch and ~wry ~F~ stipulat~«w +p~eem~MS. oondir'aro and cov«+~+» of ss~d promiawry no1~ arid this mo~q+~ +nY a~itMr ~n no1
iulp. promptly u~d fully p~rform~d, discM.ysd. ~xecvt~d, ~ffcctwi, eanplend, complied with and ~bided ~iy, th~n in ~i~ha w an~r wd~ wsn~ tlw s~id aP
pre~ate sum mentioned in said {xomiuay note Ihen nmaininp unp~id, with intete~t acuued, u~d ~11 moneys s~cv~~d har~by. ahall batom~ dw ~nd p~~. f
~bb forthwith, a tMreafter, at the oprion of said MORTGAGEE. u fully and compl~tety as i( ~11 of tM s~ld swm o~ mon~r vrtr~ aqin~lly -atip~la • t
ro be p+id on such day. anytliu?p in ssid promissory note or in this Mwtppe to fM contwry notwithstandinp: ~nd thpaipon or N+t~eahK N tM opUon of
said MORTGAGEE. without ~o~ic~ w d.mand. wit d I~w or ie p~iry, thereta~ w the~aaf~e~ (~wy p~aY bt p~oaa?t~d a 1f ~II nwn~~rs Mwr~d INt~by
had matwed p.~w ro in Instirutan.
7. Th~t in ths event that at the beginning oi or at any lime pendiny a~y w~t ~po~e this Mat~, a 1o fonclot~ H, o? b n'fon~ k, ot•to ~nfoK~
paymeeN of ~ny claimi hereunde+. s~id NWRTGAGEE shall apply to Iht Court Mring jwiuliction IF+erooT ~ot tM appointtneM bf ~ ihe~iwr. wch CouA sh+ll
Forthwith •ppow?t a~eaiver of said mortyaped ptoperty alI and sinputv. lncludug all s~d sinp~lar tFK incom~, pdf~tt„ ksws and rw~nws frpn wMt~vsr ~
sowce dKir~d, ~ad+ and ~wry of whKh, it beinp ~xpreastr vndentood, h hKaby mor~gagad as if specifiully set forth and d~scribed in tM y~~ntinp u+d
haberd~m dauses Mreof, and iuch Receiver ihall Mve ~II ~he brwd ~nd effective functwns and povrers in anywiu entrusted b~? a Court to a Rsuivu. and
•uch ~ppoinfinent ihall be _mad~ by wch Cowt u an ~dmitted ~uiry +nd ~ m+tter of ~bsolute r'ght to s+id MORTGAGEE, a~d without nfera~q to tF»
adequscy w insdequacy of tM whx o€ tlii p~dperry ii~wtyaged or tb th~ sokenty or insoivency of uid MOR~GAGOR or tM dtfend~ntb and that wd~
renn, profin. incomy i~suas and ~w~nws sAi11 b~ ~ppliwd' by sucA R~aiv~r ~ccordi+~ to lhs li~n a~quAy ol said MORTGAGEE and ~h~ practiu of wcA
Court. - _ . - ~ . ~ .
S. To duly, pr`omj?t{y ~nd fully pertorm, diuharQe. axecvte, eHect, complete, complY wi~h ~nd aWd~ bp ~acb Md wery tM stipulatioos, apn~nts,
conditions and ooverial?1s in Iaid promiuory not~ snd this mwtysQ~ set forth.
9. That in tM evant the ownership of tM • ~wrtyayed prc+nnes, a~iey part th~reof. becane~ vtstid ln • perwn otha than ths MORTGAGOR, th~ ~
MORTGAGEE, ifs ivcotswrs ~nd ~ii~ro. rtMY~ WUFIOUI ffOfiCf ro tM AbORTGAOR, dsr) wid~ wd~ sucreaw or wKessw in ints?est wifh rafa~nce to this
mw~9apt ~nd the deW hertby'secured in the s~me manner ts with Mwtpapw w~thout in a~r way vitiatitg oi d7sthar~i~y th~ Mott~agor~' lisbility h~ra ~
under a upon the debt hereby secured. Pfo sale of the pramises hereby morlyap~d and no fab~annoe on th~ pan o( th~ MORTGAGEE w its woceuon ~
a auigm snd no extension oi the time fw the payment of ths debt hereby secvred qiwn by the MORTGAGEE a i» sw~ceswrs or assi~nt, ~Iwll opaaN ~
ro rekase, d;scharye, modify charge a affecl the wig~nal liability of ths MORTGAGOR herein, ~ither in whde a b put. ~
10. It k specifically agreed tMt time n of the esscnce of this coNract and that ~o waiver of any ebligation Mrwr~de~ or of fh~ oWipation N- R
Cufl~J IfOflby lFUII it ~f1y tt/M th!(NftN be held to b~ a w~iver of Ih~ t~rms hereo} a of the i.ntr~l s~cured herby. !
11. In add~tia~ to the faego:rg monthly paymmts of princ'pal u~d inte.est reqi,ired by the promiuory rate ~ecwed hereby, mortyapor cw~n~nb
and agrees to pay ro mortgagee with each monthly payment an ~ddirional sum est~mated by mortgagee to be equal to 1/12 of tha annwl cost of the follow- ti
4
' A-All real property taxes levied w assessed agsinst the ~bove dexribed real esfate. ~
i B--Prem~urrK on t've and winds~onn ii+surarice ss.herc7n reqv.red 1o be urried on the truprovements situate on the above~dcsuibed premises.
I C-Prcmiums on wch mortgage gusranty insurance as mortgagee shall froin time to time deem fit to carry on the loan secured hereby.
j Mortgagee shstl from tiro~ to-time netify mwt9+9ot-in,writiny of. ~hs.aRwunt.due ~1n4~psY~b1~ Maew+dsr;and sutlt'sWU•shap therl~rpon b~-dve and
psysbk on the dva.date of tF~e ncx~ monthlY payme~t and each s~aes~ire ~onth tFrcrs~ftet until inortqa~ee sl+al~ Aotify mwtpsQ« of a chany~ in such
amount. Such sums sha11 be spptied by rnortgagee toward the payment of resl property qxes, i~surance prem:ums, and mwt~aye ~uaranty insur~nc~ ~
Premiums• .
~ IN WITNESS WHEREOF, tf+e said MORiGAGOR has herevnto sN his hind and seal the day and year first ~fw~sad.
Sipnetl, Seakd ~nd delivered in the presente oI:
fllf C Ry:` +t~C~F~'~
St.L~C1~ C)~M~r fiA. ~ '
tr ~r~is red Bookes ~ i
~ Clf.:. .~jt*L~bitt /Lt.vcJ ~(Y `
Rftr.:.: :f `."~C~, 4S.a~
Bil,as~ 8ook~r ~sl.n
' 1~ 1~ I~ 3o pN'~5 ~
STATE Of FIORIDA 1
St. Luci~ ~ i~~~•i~
cour~n oF
Sefwe rt~ penonally app~arod 1~Y~ BOA1c~ and
B11QIf ~OQiCe! his wii~, to me well known and known to me ro b~
the ln~vidwb dew~bed in +nd who executed the fore~oirg instrument, and adcnowledyed befor~ me tMt tMy executed ti+e s~m~ fo? tIN purpw~s ~
rheresn expressed. ~?nd rhs ~acd Sllell Booke7C
wifs of th~ uid lfr~d goel[QY , upw? a sep~r~t~ ~nd prival~ '
examinaYan by me bke~ tcpante and aput (rom ha said husband. ~dcrwrvledped to and btfor~ rtw tMt s!w exetutad said irotrument frwy ~nd vokw~- ~
larily and witMovt u~y compulsion, constraiM. ~pprehensian, or fear of w from M? iaid hwband. !
WtiNESS my hand and officiat sesl this dar of NOV@~beY A. D. 19~
, Nobry Publit in and the St~tt d fiorid~ ~t Larpt
. _ My Commiuion e~cpires: ~ p . ~ ? . 7.~
Retum To: ~
fint Feder~l Savings 3 loan Associat~on
Of Forl P~erce. .
Fort Pierce, Flwida ; i
. :i:)• ,
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. . ~ . ,+;~cj~'~jr~; •
This Instrument Prepared By Dotlald 8. Nughes
First Federal Savings b Loan Association = : ~ - ` •
• of Fort Pierce, Rlorida 33450 _ - + - .
• ' i ~ • i w 'f
Checked By,~- O , " .;t ~ : ~ f;.~.::~ ~
~K24~ ~ ~:.:f
800 ~ ~ ~ ^ ~ .
~Y
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~~r
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