HomeMy WebLinkAbout2834 To ptaa ~?d ca+tirwov~ly tNp on th~ buildM+ps now a h~rNttK fNwM on ~atd I~nd and oe ~11 putpn~n~ ~rd pKwea~h covK~d b~? ~~++~~Q'
vnt~h ~11 ~.mh~ Hw.a+ P.~d ~n 1u~4 hr• Inswu~a fn IM ~nwl Na+~d~d polteY (w~+. h• w~ ~pp~owd b1f th~ MORTGAGEE. ~d wind~~m
4rwana h tM uwrl uand+•d pd~cy fa~n. In ~ awn app~rov~d M? tM MORTOAGEE. Iw wch oon+P+nY o~ oo~p~ M 1M MORTGAGEE nwp f.~
dincq ~nd ~H fin and wind~w~n~ &auraaa Polici~a on w~t of s~i~ bWW+p~. MMI 1~~f tMnin ot paA tMr~of. M fh~ ~pstp~+~ ~fa~aW w
tn ~xc~p M~rwi. ~11 aontaln th~ wwl uar+d+rd na.ip+pN cIw» a wah aMr clawt a tM Maq+pN nwY nqvi+~, ~+0 ~ p°a' ~~ti"
d«. axh and wafr. Wrsbb a said MORiGAGEE a in inea.st ~n+y app.v. and aeh and wK1? weh PaM? sM11 b~ praepNr .a:p~d .od ddlwnd a{~'
~np h~W b~? ~td MORTGAGEE a fwri?N wcwity a wid ma~p~ d~bL ~nd. not ba ~lw~ t~n (~01 d+p in adva~u of th~ ~xpkation d~ad~ po1kY. a dw
liwr a wW MORTWGEE • nMwal rMnof. wpe~M. w~~h a~Na fa tM pr«niwn oi wd~ ?aKw~y ~nd ~h~n shall b~ no f~r~ a wind~~am Mrw«+c~ _
p1~pd Ofl 1~y Of Nid bVil~i~g1~ i~ h?INN1 t~Nfli+1 Ot pffl !hf(f0t. Yf11Nt ~R 4~M ~Ofn1 iff~ Whh f~1~ (0{f Q~y~~ p~fOMNld1 i~ b1 t~N ~VMi irly fuf11
ai naewy b~eanw p+y~ wdw wd~ pdkll ~ P~+ s~id MORTGAGEE shall Mw tM optan w naiw «+d ~pplr tM ~ on aooovnt of tM b~d~bad~ j"ti.~
n~ss sKw~d Iw~~by a ~o pwmN said 1NORTGJ?GORS ro naiw arni uN N a+nY P+n tiNrwf ia al~ purpoaN wi~hout tl~ueby w~lvinp or imWia r--~
Inp ~^Y pvity, li~n a riyhl w~ or by virtw of th4 ma~p+p~t ~nd h tM ~wnt wid MORTGAGORS ~h+ll fa ~+y na~on f~il b kNp th~ NW pr~ni~ a
Mavnd, a fail to d~liwr promptly any of said polie»s of ieuw+nu to said MORTGAGEE. a hU prompNy to pap fv1ly ~ny pMnium tFwrefa or N any
n~p~ct fail W pKiornf, dischup~. ~x~cvt~. ~fhct. con+pl~~~. ccmPh wUl+ ~nd abid~ bY thh oow~ant, or any pwt Fwr~of. f+id N10RTCsl~~3EE m~y pl~a ~nd
WY fa wd~ 4au..nc~ or ~ny p.rt N~ed wtehou~ wstvlnp w aff~dU+o +ep aWion, ~Nn~ ~WN1l. a~iph~ und~. a by v~nw d thN Mohp+~, and ~M
h,u amove~ oi ..d+ and w..y wd+ wymaa .h.n b. inwn~dta~.iy dw ,ed wr+W •~+d .hat~ bs+. inan.t fran 11n d.r• ttw..of wuu p.w a+ N+. wa ot ~
nir» pN ca~twn prr ~mum a~d toyNM? with such iNKtst siwU be src~nd bp 1M li~n o1 thi~ mortp+p~. _
4. To p~rmN. comn?tt w svff~r no w+st~, Gnp~km~nt a det~ioratian of aid propert~r a~ny pwt tl+K~of.
S. TO ~y ~~I Nld ~11QYIM tIN tOl1l. CIMfQ~i ~~7~M1N~+ GKIVdMI~ a fWW~I~ ilbffN~{ f» and ooqi of ~hads of titlti M~cvrr~d w p~W M
~ny tirn~ by asid MORTGAGEE, b~cw~+ at h th~ ~wnt d tM talurt a+ ~M P+~ d ~i~ wid NWRTCs/1GOR to dv1~b P~~iMhl ~ fi+~Y? PKfa~+n? di~f~r~?
~x~cvt~. ~ff~ct. co+nPl~t~. comP~Y with and ~bid~ !ry ~ach and ~w~y th~ sfipul~~iorq, pn~nMnfs, ca+ditiaM. ~nd oovrnanb of said P~~s~aY noN and fl+k
matpp~ ~nY o? ~+ther. u~d s++d ew~s, du?Qea ~nd ~:p~e?~es, each ~nd svNy. ahall b bnn~diai~ly dw and p+Y+b1~t wMtl~ a no~ tMn b~ ea~ia dr
mand, anempt to collect w wIt p.odtnpr ~nd ~M ivll amovnt of ~ath 4nd ewry wch parm~nt ~MII b~ar inanst fran ~M daN eM.~of w~tN p~id ~t th~
rste of nirw p~+~ c~+?twn p~r an~wrn: snd ~11 said oah„ clwrpes ~nd ~xpawes Ina~rnd w ptid. top~tha with wd? btu~st. ~IMII b~ NuK~d bll d?~ li~n of thw
mo~bip~. ~
b. ?ha1 W M t!K evenl of any breach of thb Mortys~ or default on th~ psA o( th~ MORTGAGOR. w(b) ia Mw waet aery~ of uid wma of rno~y
he?~in nfKred ro b~ not promptly and fvlh p+id wtthin thirty (30) days ~+.x~ sfrK ~M s+m. awaaiy b.conw dw •nd p~raWR. witlww d.~n.^d or ^°ria•
or W M tM ev~m Nch and erery tFw stipvl~tioM. +y~~+»^~s. conditbgs ~nd cov~ras of s~a! paniswry nof~ a+d Nws narqap~ ~ a~itlw an nw
i~N. P~«~Mh~ ~ fully p~rforn»d. d~scharp~d, ~~ucut~d. ~ffect~d. oomplet~d. canP~i~d with and ~bided by. ~nan ~n ~~h« o. any wd+ .w~ u+. aa~d
prspat~ wn? rrnnt~awd in s~3d promiswry no1~ tMn ram~lnirp unpaid, with ineKal awwd, and all moMys ucund hanby, ~Irll b~aome dw +nd WIh
~bM forthwith, or tMre~fia, ~t rM oprion of said MORTG/~GEE. aa f~y .~d co~wk~ehr as H all of th~ said wms of moMY vrere orqinallY uspuls~sd
ro b~ pafd a+ wch dsY. +nrth&q ie ~a~d prom~siay na~ w M this Nlwtqa~ ro the contr~ry noNvithstandin~ ~nd tMtwpon or ~hereahN tFw op~an of
saW NIOitTGAGEE. withow rwtic~ a d~maod. wit N law or tn qvity, tiwt~foh a N»rsaher bpvn, nwy b~ P~w~tvud a~ ff ~N nwn~ps aaxd henbY
Md "m~hx~d prior ro ib instiAAion. , '
,
7. TM~ io th~ ~wm rMf the b~pinniny of a N ~ny time pendi~g anY svit ~+Pon rhh AAat~~p~, or to fa~clw~ N, a.b iifo~ k, or b~nfaa
WY~~ of aey d~ieeN hNwnde~r aaW IIhORTGAIGEE shaN apply to tfie Covt1 havinp iutisdiclion theteof fOt tM appoi~ltmMN Of a R~olivM~ suC11 Cowl slNll
fwthwith ~ppoint s rsceiwr of said Mortp+yed PropeAY all u+d sinp~lu, inctudNg ~II and tinyulat tM inooei~. Profils. ~ and nv~rw~s irom wlwtw~r
w~xa d~rived. e~ch snd ~wry of wfiK1+, i1 beinp exprealy urwl~rstood. is hereby matyay~d a if apsdfiuU~r a~t fath and dMOrib~d M dy prantlnp and
MbMdum davsa h~reof, and such Rec~ivar tMll Mw ~II the brwd and effactiw functans and parrera in ~nywi~e u?trusted by ~ Cour! fo a R~aivK. ~nd
wch appoinrmeM shall be made by svch Court a+n ~dmined eqvity ~nd a m~tt~r oi absduh riyM 1o s~id N~ORTGACsEE, ~nd withow ~~t~r~na b tl+~
adequacy a inadsqwcy of tF~e valw of the p~operty morey+~0ed or w the sotvNxy or mwlv~r of ~+;d M~RTGAGOR a?h~ d~f~ndanq„ ~nd that wch
rerera, profits, tncane, iswss and rerenw: shalt b~ applied by sud+. Reaiver accord~np to the li~n a pv,itY of wid NWRTGJIGEE a+d tFw pwetk~ of wd~
Co~xt. , , . _ .
8. to duly. p~omPtty and fuly puform, d'+scharq~, axecut~. effict. con~t~te, conyifY with a~d abidi by wch ad ~v~ty ti~ ttipulatio~n. ~pnemanb.
tond'tiOn~ ind covMants in said pfoinitl0ry f10f~ and dfy mottDp~. Nt-fOtth. _ _
9. Thst in the event the ownership:41' tM mortpsaed P?emi~es. ~~ey pet theno/, btaa~ea wat~d In a pK~ W!w tlw~ _fht •MORTGAGOR. th~
MORTGAGEE. its sucaessors and suipns, rt~y, nri~hout poric~ tp 1M NWRTGAOR de+l with wd~ wa~swr qr twaasor h ir~nst .witl~ refaeno~ b this
mo.tpags and th~ debt hereby acured in tM sam~ manne~ as wNh Mwtpapo? withovt In My w~y'viPiatinq a eliufwrphip tiM Nbtty+gors' li~btlity !w?
under w upon tAe debt hereby sewred. No ul~ of thl P?emises AersbY ~~0+~~ M+d no forbNtaen on fh~ p~ft of tM NIOR?GAG~EE tx its wooaton
or ~ugm and ra eatensan of the time fw the payme~?1 of the debt hereby sscured yiwn by tM N10R1GAGEf a its wcatsas or suipns, a1~+U opa+b
ro r~fease, discharpe, modify c1+u+p~ or affect the aiyinal HabiGy of the MORTGAGOR t»rein. sither in whols or ie psrt.
10. It b spec~fically agrecd that time is of the essenca of tFus contrsct and that ra w~ivu of u~y oblig~tion ha~vrdar w of th~ obliy~ibn w-
cvnd h~eby shsll at u?y time tt?ereafiar be hekl ro M ~ waiwr of tfie t~rms Ixreoi a oi the u?strument sscund herby.
11. In add~tion to the forego:ng monthly psyments of pri~c:pel ud intereat raq~?ired by the p~omissory note secwed hereby. mort9spor oov~n~nb
and ~grees to psy to mortgagee with each montblY psYment sn ~~ional sun estimaled by mort9+pee to be eqwl to 1/12 of the annwl tost of Me follow-
ing:
A-/yl rNl proQerty tuces_kvied ot ~ttessed agsi~t the ~hpv~ destrsbed teal: esf~t~. • ,
B-Premiums on firs and. windstorm insws~_ as: herein reqv;red to be turisd top tM .improyMnents ;iwate on the abow; ~au~ed P~ae~iaet-
C-Premivms on such mort9age 9uiranty inswance as mortys9ee shall fi6m time to time ~deem f'i4 ro arry on thi ban ~ecured ~eby.
Mwtp+pee shall from time to time raiify mo.tgagor in w.itir~ of tM sew~mt dve snd p~Y+ble ha~swid~r a~d wd+ wm thaN fhereupon b~ dw ~nd
paYable a+ the dua d+~e of the next monthlY paymeM and each sucauive month thereafier uatil e+ortyaqes ahatl notify mortsapor of • d+~np~ in wch
amou~t. 5~?ch svms shall be applied by m«tgagee toward tl+e payment of real property taaes, i+uvnnc~ premiums, and mons+y~ ywr~My imwanu
prerteiwm. •
, IN WITNESS YVHEREOf. 1Frc said MORTGAGOR has hereunto set ha I+and and sea) th~ diy ~cid Mf afor~aid. .
Sipned, Ss+bd and deliwr~d in the pr~sence of: 3~t' ~S+iS~~
~~~s; ~ aoi b S ish
~i._:~- .~PRA'S ,n
, - ~t•i: ,".LS:~
=r~, , ~ . ~ t;' Ivos s
~
~ . . .
` ~ i~ ~0 ~~~'~5
j SiATE OF FLORIDA
! St . LSC le ~ SS.
CoUNiY Of
~ ~ae 11e Rudolph Spokish ~ ,,,d
Ivory O. Spoki sb w~f., to m. n,.u w+own ,nd k~w~, ro,„. ro b.
~ the individusb descrcbed in and who executed tF?e forepanp init~vnwnt, and acknowlad~ed btfon me that th~y ex~Msd th~ sam~ far tM pwpoNS i
~ rt?enin ~xpressad. Md the ~s~' IVOIy O. SpOk~Sh ;
~ wife of tt» wid ~aoiph Snekish , upon • s~p~r~ and priv~rt
' exsmin~tion by ms tak~n separste snd ~part from her said hvsband, ackrwwledped a and befon m~ that ~M ~xecvt~d aid iratrwrwnt frs+ly aY+d•volwr
x ~erily a?d withovt ~ny tanpulsion, cautr~iM, appreMnsion, or ~u of or from hs~ s+id Ixisb~nd. ~
i WITNESS my Mnd a~?d official aeal t~~ day of 1~OVQ~i~Y A. D. 1975
` i
/s ;
Nasry Pvblk in ~nd for Stat~ of Flaida ~t Larp~ ~
E . My Commiuan eaphes:
Return Ta /6' 3e -'G ~
~
' first federa) Sevinps a lo~n Association ~ r
i
~ OF fort P~erce. ..•••t• ~"~1 Nl~~
` '1i 1-~~ J'yi,
; Fwt Pie?te. F{orida . ~1. : ~'.tt iy .
' ~ • b s;
. ' °
~ '~,~,-~~na ~ :T
~ ~
This Instrument Prepared By ~=Y R. Bllwood i''~ =r~
~ First Federal Sav~ngs 6 toan Association - ' ' " -
of Fort Pierce ~ Rloiida , ~ ~ ~
. J~ . E ~V ~ 0 ~ ' ~
~ ~ BOOx2~~ PAGf :r. • - ' ~
~ Checked By ,9l Z~ . r '=n'
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