HomeMy WebLinkAbout2659 To pla~ a~d contlrwous~Y ktiP on t1» bvildinp~ oow o? Mw~ahM ~itv~N on wtd land and on dl pulP^w+~ and PMwe~h ~~d by ~Ai~ narq~
p~, wi~h ~U pr~ee+wm~ thK~on paid in fvll, fv~ intuanu ~n tM uswl wndad poliry tain, b• Mcn~ ~pprowd bp Nw MORiGAGEE, ~od wind~tonn _
Mwrana in 1M wual Nud~rd po1KY fum. in ~ wen ~pp~owd br tM MORTGAGEE. in wch ao^+W^Y a~^P+n+h M t!r MORTGAGEE may
dindt w~d al) fin .~nd wi~arm 'a+sw~na policia on ~np o1 wid buildi~. ~nY inbrpl tMrtin or pkt IMrwi. h 11» pp~pat~ w~n ~forts~W a ~
In ~uN~ ~hK~of. ~1wt1 c«+uin ~M uw+l ~undard ma~9pM clww a wd~ otl~ clwN w eM 1M~o~p+p.. ^++r ~a.k~+p ~h. ?w• w+d.r ~.id po1i~ ~
ci.~. ..d? ~nd .rKy. wr•bte a s.id MORTGwGEE a in 1n~u..~ m.y ~pp.w. a~d ..ch a~+d w..y wcA po~~? .M~~ b~ ~w~w?~y a.:on.d .~d d~i~w«d a ...R E
~ny Mld by wid MORtGAGEE as ~wtiwr sawity ~o said mo.rop~ d~W. and, na I.,. ~Mn ~.n (101 d+y~ tn +dv+ea ol ~h. ~xpir•~an of ..d+ pol~cy. ro dr i
Nwr 1o wid lMORTGAGEE • r~n~w~l tMrwf, topNhN with • r~uipt ~or th~ pr~miwn of wch r~w~l~ and then ~hall b~ no f'a~ w windi~orm Guwa~ct
pl~ad on ~y of uid buiWirg~, ~ny int~.~at tMr~~n a p+n N~~of, wd~s~ Ie tM fwm Md Witll IM IOlf Riy~W~ i~WfNWJ M~ MI M1f f~NM My NM11 •
d ma»y b~tanes paY+bl~ w?dM sud? PdkY a poi'ciN s~id MORTGAGEE ah+ll !?~w tM optan a nuiw and apply tM Nm~ oo +ccax~t ol 1M M~dtbt~d
:+ns a~cwed hNeb~r or w pKmi~ s~id MORTGAGORS ro reaiw and vN it a~ey p~.~ ~hKeof fo. oth~r pwpo~a, wi~Fwut ~M.~b/ w~ivinp w rnpak•
~~^Y ~Vuiry, liee a riyh~ w+d~~ w by v~tw of thls mortpp~~ ~nd in tM ~wnf said MORTG/1GOR5 ahdl ta aell n+wn fail w ke~p fht a+id pr«nt~ w;,,
Irnwed. w t~ll b dtlivK promptty any of saW politis~ oi in~wuw~ to said MORTGAGEE. a f~il promP~~Y ~ P+y ti+~~Y ~^I? P~"^iwn tlwefa w in ar?y
r~sp~er ~all b p~rfaen, discharp~, ex~evt~. ~fhet. eompl~~~. eamph w~1h ~nd abld~ by tFia oownanr, a~ny p+rt iwhot, s~1d MORTGAGEE m+y p1~a ~~d =
pa~ fa wch tmu.~ o~ ~ny part tMnof wiThout w~ivi~p a aff~cNnp any option, Ikn. puib. a ripht w?dK a by vi.hw of ti~is Matp+p~. and tM
fvl! ana~M of e~ch u+d ev~ry wc1? p+ymN+t shall b~ imnwd'utdy dw and p+yabl~ ~nd ah+ll b~a~ inter~st fran th~ d~N thtreof untU paid N th~ raq ot
nim pN t~ntum pw annum ~r~d togetha with suth inhte+t sMtf be s~cur~d by tM IiM of thb mo~tpap~. ,
1. To p~?mit, oomrnit or wffer no wast~, Gnpairment o~ detKioration of wid propNt~? ot ~ny part therwf.
S. To paY ~II s~+d dnputar tM costs, ch~rpN and ~=P~n+n. inch+d~^D a nasonabl~ attorn~y
s f» and aosts of sbah~cts of title, incwnd a p~id at
•ny t~ by said MORTGAGEE. b~cws~ a in tM wtnt of ~M f~ilure a? tM p~rt of th~ ufd MORT4AGOR to duh?, wo~~h .~d f~+iN Q..1«m, d~sch.ry~
~x~cut~. ~fi~ct. oomplsa, comply with aod ab~de by txh u+d ewryr th~ stipuiaY~or?~, p~e~ments, conditioeis, uid cownants of uid ~xaniawry no1~ ~nd thb ~
n+atp+p~ a~y a arMr. and ~a~d cwh. chupes and ~xp~n~es, each and wery, ah+ll b~ h++m~di~aly dw N+d pay~bN~ wMtha or not tMr~ be noric~ d?
m~+d, ~nempt to oolbct or sutt pend~rgy u~d •tM full anw~nt of ~ach ~rid ~wry such paymN+t sh+ll b~u intsr~sf fran tM daN th~nof vnHl p~id at tk~
rah of nin~ pK c~ntum p~r «nwm; and all said costs, chuyes and up~nses inctrrr~d p paid, topNhsr with suth in~~rat, t1~aQ b~ s~w~sd by tM Iwn of thY
?natp~D~• : ~
6. That (a) in the ~v~nf bf any b«ach of this JNort9a~ a d~Twlt on t!r paM of the MORTGAGOR. or (b) i~ tM weM sny of s~w! wma of mo~y
hcroin r~fe~red w b~ not promp~ly and fully paid wi~hin thirty (30) d~ys nsxt ~fte~ th~ sam~ s~wratly b~carw dus and payabb. witFw~t d«n~nd or notia.
w(d la tM event t~ci? ~?+d evKy tM stipulatiom. ~9rteiMnts. coe?di~i«u and covN+u+rs o( s~~d praNUwY na~ and th~~ mwtpap~ +nY or N~Iw ~ue na
iu1y, promptlY and fvliy p~.fwnxd, d~uM.ped. eascut~d. ~ffscred, canpt~ted, complad with and abided 4y. tFrn in ~itMr w u~y such wrM th~ ~id a~
yrep~M wm msntioned in said promissory noro then remaini~q unpaid, with Imcrest ~cuued, ~nd all moMys secw~d hsr~by. sMll b~can~ dw and pay~
~bb forthwith, w thereahe~. at tM option of said MORTGAGfE, as fvlly ~nd compl~tely at if all of the uid swm of morry vr~n aipiMlly stipulated
ro be paid on wd+ day. anythinp in s~id promissory not~ or i~ thtf MortpaQ~ to the contrary notwitMtu~dirqs and thera~poin or the~~affN at th~ option of
uid IIIIORTCaAGEE, without notic~ a demand. suit at I~w or in poity. tha~~fore o~ 1her~afr~r b~un, may b~ p?os~cut~d as if ~II nwntys Ncw~d Mrtby
had rrwtured pri0? lo itf inttitvtion.
7. That in tM went M+at ~t the beginnirg of or ~t ~~ryr tin~ p~ndinp u+y suit upon thh Morteap~, a fo foncloa~ N, or to ntorm It, a to a+faa
psym~nt of ~~y daims herevnde~, said MORTGAGEE sMll apply to ?M Covrt Mvirg jwisdidion ~hereof fo? tM appoindneM of ~ R~uiwt. a+d~ tourt sMtl
fathwith ~ppwnt a recelve~ of said mortqayed property aU ~nd sinpular. iaclud~np ~II and skgulu th~ lncorn~, profits„ isw~s ~nd r~v~nws from wlut~w~ -
wwc~ duiwd, uch and every of wh~ch, it be~rg expressly urwlc?s~ood, a he~eby mor~ga~~d as ff~qcifically set fwtli ~nd d~sorib~d in th~ 9rantinp s~+d
habandum cliusas hereof, and iucF~ Receivar shall have alt tl+~ bro+d and efiative f~narons ~nd poMrKS in ~nywise sntnated by a Court to a Rauiva. ~r?d
tuch ~ppoi~tm~nt shall be made by such Court ~s an admitted eQuity snd a m~ttM of ~biolu~e ri~M to said MORTGAGEE, and withow rsference a tl»
adsqu~cy a inadequacy of the v~lue of the prope~ty mwtg+ped w to the wnrcncy a~~sotvency of isid N10RTGAGOR or tht defendants, ~nd that wch
rents, p?ofin. income, issuss and revenues shall be applied by wch Receiver accordiny ro tM IiM or puity of said MORTGAGEE and th~ pradict of wcA
CovA.
8. To duly, p?omptfy snd fully periorm, discharge, execvte, effecl, complete, comply with ~nd ~bid~_ by ~ad~ and swry tM stipulations, ~yreements,
conditions ud coven~ms ~n sa~d promissorr rwt~ u+d this. Morty+ge set fKth~ '
9. That in the evem rhs ownersl+ip of ~l±s nwrtyaQed premifp• -a any p~h tl~ereof. beowoa. vested in a:pKiaa otFw+ than the MOR7GAGOR, th~ ~
MORTGAGEE, its auccessws and auipns, may, without notice ta tM MORTGAOR, dc~l with suc!! suae}wr or ,sutcesso? i~tErsf with «fennce to fbi~
mor~gaqe and ~F+e deb~ hereby secw~d in d+e sam~ ma~ ~s wlrh Mortga~or without in any way vitid&g or diichuytnp the AAort~syws' Il~bility h~?r -
under w ~pon the dcbt hcreby.setv~ed. No ~Ip of the premi~ss heteby mortya~ed and ~o fwb~santt on:IFr•pa~t of tM•MORTGACaEE or in waesson
a augna and no exrcnsan of the t~me fo~ tFie paymem of the debt hereby secwed 97v,~n by ths N10RTGAGEE or its wcosssors o? assipnt, sh+ll opaat~
ro rolease, d~sch~rge, modify ch~nqe or affect tFM wiginal II~biGry of the MORTGAGOit her~iA, ~ltha iri whole w in put.
10. It is speufKally ~greed That ftme ts of tM esxnce of fhis cootracl aod thst no waiver of ~Mr obllgation htrwr~der or of tl+~ oblipation sr
ared hs~eby shall at any time thercafter be held to be s waiver of the terms hereot a of the instrwnent ~ewr~d herby.
11, In add~tion to tiro forego:rg monthly paymems of prirK pal and intercst required by the promiuory note secured hereby, matyagor tovenanb
and agrees to pay to mortgagee with each monthty payment an add~~ional sum est;mated by mwtyagee to be eqwl to 1/12 of the arx?uaI cost of the fdlow-
ing:
A-All real property taxes levied or assesscd agai~st the above desvibed real estate.
s-Premwims on firo and windatorm insw~nc~ aa herei~ ?eq~~red to be carried on the improvements sitwte on the above desuibed pranaes.
.G-Preinienb on such moregage yuaranry inivranae as mortgayes sFaN from time b txne d~em fi1 fo tatry on the loan sacured h~reby. - .
~ M«t9apee shall from time w t:me notify mwTpspor i~ wriNn~ of tha unovnt dus and payabk i~~ur~d~t and wd~ wm shall tMre~~on b~ dve'~nd ~
~ payable on the due date of the ne,ct monthly psymem and each succeuive month theresher until mortgsyee shall notify mortgayw of a chsnp~ in wch
e.^:~nt. S~x1? sums shall be applied by mwtgagee toward the payment of real propeny bxes, inwrance prem:ums, and mortp+ye gu+ranty inwtanp
' premiurro. • .
IN WITNE55 VYHEREOf, the said MORTCaAGOR hss hereunto set Fws hand snd seal the dsy and ysu fkst ~for~said.
Sipned, Seat~d and dcliwr~d in ths prestnoe of: .
fIIEU Ay: ~ftUR0E0 •q
~p ~ ST ll+~ rC~NT1? FLA. .T !10lf . ~
~i.i~ ~~~=lt5 -
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~ C[~~: , s ~E~ O
n
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STATE OF FIORI A ~8 '0 3Q 7i17'?5 ~
St. Lucie ~ss• Masie Llo
courm oF
~f~ ~~~~~Y.~,~ Jaaea Verno~ Lloyd, a sin9le adult ,,,d ;
Clifto~ i.lovd Jr. and Marie Llovd h;. w;re, ,o ,,,,eu ,~a ww~+ ro m. ro b. ~
the individwls described in and who asecuted the forepoirg inst~umer?t, and ~cknowledyed before ms tMt tMy exewted the same for th~ purposes
rherein exp~esied. And the ssid ~8?Z~f Ll0 i
Cl ton Lloyd Jr.
wife of the ssid irpon a sepu~t~ ~nd prhntt ~
examinaiwn by me taken sepa.ate and apart from her said husband, adcnowledged ro~nd beFp~ m~ that ~M executed said inslr~t fre~ly.and volum
tarily and without any compubion, constraint, ~pprohension, or fear ot a from hsr said Fwsband
WITNESS my hsnd snd official seal this a+y ~r Nove+~ber - o. 19~_
~ ~ , _ { _
~ ( ~ Notary Public in and fot iM 51 f of fbr' at tup~
~ My Commiuion axpitet:
= Retum To: - •
Fint Feder~l Savings 3 toan Associat~on " .
~ Of Fort P~erce. ~;y~.riltt~f .
forf Pierte, fiorida • ` , f~,,, . , .
. . ~ _ ,,,l,~r,4 : . .
' . . v~~.~
• ~ -t ~ _
~ • ~ . ' ~~t . . + t' ~ ~ ~ . v~ . .
This Instrume~t Prepared B~Yy F. Bllwood - ~ y
First Federal Savings d~ Loan Association ' ti cM
' . ~
~ Fort.Pisrce~ Flo=ida 33450 , ,,f:' .T,`.. ~
~ ~ t.'
~
~h~k~ By ~ 8~245 M~f21~6 ~ ~`f;-.:~,~~~~~~~~~~~:`~ ~ -
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