HomeMy WebLinkAbout0982 To pi~ u~d conlinuarshl kNp oe tM bvildinpa rtow a Mttaha ufwN on wld laid ~nd on ~11 puipm~ni ~nd p~twndly tova~d by tki~ nw~t~
p~, with all premiwra tMrwn p~~d in fvQ, fin inw?aoc~ in th~ uswi uandard policy iam. in • ~um ~pp~owd py ~M MORTGAGEE. and w:»d~twm ~
irow~ In tM usw) a+~ndud policy fam. {n ~ swn ~pprov~d bl? ~M JIItORiGI?GEE. G+ t~cA oompany . w oanp~nia w t1N MORTW?GEE aur
dinct~ and aU fi~~ ~nd wind~twm iraur~e~c~ policws on ~oy of s+id buiWup~, ~ny 4+Nra~, tFwr~b o? put tMnol. in Ih~ pqrp~t~ w~r. da~id a
N~apn thw~of, ahall oon~aa~ ~!r u~wl st~ndad ma~~~ claua a wd~ at+K clww a th~ Maqpe~ n?~y r~quNi. m+l~lnp tM bas u~w1~+ ~+~d Oo~i~
dt~. ~~ch ar+d ~wry. WY~bf~ ro uid AAORTGAGEE a ih inta~s~ may ~pp~a?. ~nd ~+cA ~nd we+y wd+ policy ~h~ll b~ promptly aq:pn~d and ~liwnd w
~ny Mld by a~d MORTGAGEE as fun!»r acurity to aid mor~pay~ d~b~. and. 001 kta than tM q~ d~~n In sdwnc~ of tM ~~~tion oi ~ach policy. eo dr
Uwr ro said MORTGAGEE a ren~wal ti+~rw(, top~tMr wi~h a ncoipt fw tM pantum of such r~n~w~lj snd tMr~ shall b~ no fa~ a windi~wm imwa~~u
pl~ad m~ny oF said bvitdirgs. My If1flfNi iFINf111 Of ~~t fFN~fOI, unbsa tn th~ iwm a+d wi~h tn~ loss payabl~ u ~fa~satd~ ~nd In th~ ~vae?1 ~ny swn
of mo.wy bscarns paya~.4 unde~ such policy or policws wid 1Y10RTGl?CiEE ~hsll h~w tM opticn ta r::x:
: a:.~ s;.;.!-; shr -.s.r ~ s~ovr.t ot !M i~bt~d
nsss saurtd hK~by a a permit wid MORTGAGORS ro reu~w ~nd u~ it or any part tMreof fw ot1+N purpoas. withovl tl+a•by w~iving w impiir-
kp ~ny pvity, lien or riphf vnde? w by virtus of this mortqa~et a+d N? th~ ~vent sa~d MORTGd1GORS ~MlI fw My rasa+ i~N to k~ep ~M ~aid prKnisa a~+-,
k?w~ed, w fafl to d~liw? panptly any of said policks of 4nswant~ 1o a~id MORTGA<3EE. w fail promptly to pay fvlly ~r praniwn ther~fw or in +np
~s~p~ct fail b pKfonn, discharps, ~xecvt~, ~ffecl. compkts, oompiy wi~h and sbid~ by thh town+nt, or u~y pan Mrwf, ssid MORTGAGEE ~y pl~a ~nd -
p+Y fa sud~ Inwrane~ or any pan tl~ereof witlw~t waivir+p a~fi~rcti~p aeryr option, INn, puiry, or ripht vnda or by vlrtw of thi~ Matya~. ar+d tne ,
tul! aenoun~ of uach and ewry wcM~ payment shall b~ imm~diahly dw ~nd p~y~ and shall bear intK~st f.om tM d.~ tFwK~of untit p~id at th~ uN ot
nirn pK oe~tum pM a~num +nd togethe? •+vith such intaresl shall be sacwed by fM li~n of fhb mwtQaps.
4. To pKmit, oommi; or wffer no wait~. imp~irmenf or deterioratan of iaid propNty w a+y pa.~ tMrwf.
S. To pay ~tl u~d sieQul~r tM ooats, eha~ a~d exPaww Indudirp + naore+bb ~ttorn~~ fN ~nd eosri of ab~haets af tit1~. inewnd or paid at
sryr time by s~id MORTGAGEE. Muusa a in the ewn~ of ~ht failw~ on th~ paA of 1h~ ssld lMORTGAGOR b duly, prompty and fufly p~rfonn, d~schar~~
•:~cvts, effed, oompkt~, canply with and ~b~d~ by ~ach u~d every the stipulariom, preamenM. co~ditioos, a~d aown~n~s of said promiswry rwh u~d tFus
mwtyap~ a~y or ai~Mr. snd said costs, ch~ryes aod axpenxs. each and wery. shall t» imn~iiately dw ~nd pay~blts wMtF»? a not fMr~ bs ootia d~
nn~d, ammp? ro ooltM « wi~ p.odcny; and rh~ fi?11 amount of wch ~?nd wery wch payment ~MII b~~r G+t~r~s1 frpn 1M datt th~reof vntU pid at tM
rate of nin~ per cenrum ~r amwm; and all said oosn, charpss and ~xpens~s Mcwr~d or p+id, wp~Iha with wch intanL ~hall b~ wa+r~d by tM twa of thN
morp~t. .
6. That (a) in Hw bveat of any bnach of thb Mwtg~~ or defaul~ on th~ put of ths NIORTGAGOR, w(b) in tM ~wM ~m of sud wm~ of mpr»~
I+Kein nhrred to be not p?omptly and fully paid_ wi?hin thirtY (30) days nax~ a(ta ~M same avsrdty b~cara dw ~+~d payabl~. vrithout damaod w notice.
or W In Mw ~wnt ~ach ud ayery th~ stipvlaiions, ~preernena, condirions ~nd cawnanh of s~~d promiao.y not~ ~nd th~s moreQ~ se~ a titha an no1
~uly, promptly uxi fully pafwm~d, discharqed. sxscutad. ~ffeeted, oompl~t~d, compli~d vvw~ ~nd abided by. ~Mn in ~ithu a aay suct? ~wm tM aaid ~
prepat~ wm mtMio+~ad In said promissory not~ then remaininp unpaid. with inte~~st Kvvtd, Md aU maNys tttvr~d Mteby. slyll beiomt dw u~d pey~
~b4 fathwith, a thereafter. at the opfion _ of said MORTGAGEE. . ~s fully ud compt~~ely as N~II of tl+s said suens of money wKt ai~n~lty pip~lat~d
to bs paid on such day, anytNny i~ sa;d prom~uwy note a in thb Mwtyage to tM contruy norwiThstandinp; ~nd tiwrwipon a thue~ft~? at tM opt~on of
ssid MORTGAGEE, wirhoa~t norice w demand, wit at t~w or in eq~ity, thar~fon o~ tM?eaher be9w~. nwr be prawcvtd. as if ~II anomps a~w~~d haeby
had matuted priOr to its iMtitutio~. - . ~
7. That in tl» evcnt thaf at the beginnirg of or at aoy tirty pandinp sny wit upon thif Morf~ap~, a a i~oa.~{y.~ h, a a nfan~ Iw, w w enforc.
paymt~t of any clsims herew~der, said:MORTGAGEE. shatl ~ly to tlr Court fiav~np jwisdKtion tMr~of far ths appatitm~n?of a RiZtiva~, we1? Cowt shafl
fathwith sppoint a receive~ of uid mortpagad property a!1 and sin~lar, irKlud~ng sI) and tirgulu th~ incwn~, proiih, bsws ani! rtwnws frari whatw~r
wurce derived. each ~nd e,rc+Y of whKt+. It bsina ekprwh under~too~ a M?~bY Aw.~9+ped as if ~aficaHy sef fonA and de~cribad in tM ~~ntinp and !
habendum cbuses hereof, and such Rccciver shati have ~ll the broid and eff~ctiw funct~oru and pow~rs in anywis~ .entr~sted by ~ Gourt ro a R~ceivN. ~~d t`
such ~ppointment shsll be made by svch Cowf as an ~dmitted equity and • man~r of absolute right w~s~id MORTGAGEE, a~d without nf~re~p to th~ ~
adeqvacy or in~dequacy of th~ vatw o! ~h~ propart~r morty~ed w to rhs solvency ~o. irudvarcy of ~aid 1MORT(i1?GOR or Me dsiendant~, uid tlut wch .
renn. profin, incoms, isaves and rav~nws s!w!I b~ ~pplied by such Recsiva actw{~inp to th~ ti~n w.equity of said MORiGAGEE Md ~h~ pnetice of svch
=ovrt. ~ , _ . . .
8. To duly, promptty and fvlfy periwm, discharya, rxecute' effect, oompkte, oomply with aod abide by ead+ Md ~very tM sttp~latiora„ pra~rnsnts,
condiYam a~d covenants in sa~d promisaory rate uK! th~s mortyage set fwth.
9. 71ut in the event ?he ownersF?'sp of the mortga9ed promius, w any psrt thereof, becomes veated in s penon other tlun th~ MORTGAGOR, th~
MORTGAGEE, In wcceuws and assiprs, may, wirhovt notica to tiw MORiGAOR, de~~ with sych s~rcc=ssw or successor in inter~st with refere~ce to tt~is
mort9a~ ~nd tfk debl F+ereby sacured ln tM sama man~et as with Mortgipo~ without in ~~?y way vitutinp w disthargirg tht Nbrt~~Qori' lia~itity her~-
w+der or upon the deb~ I+weby secw~d: No ssl~ of ths premises hertby niortyp~d and no fwbtaraae on tM p~t oi the MORTGAGEE ar its waesson
o~ assigris u?d no extansan.at Mu ti~-~ €nr ~_gr:~nt of tha debt hereby. ucured yiven bY. the MORTGA,GEE or ib,~ucoasors a autpny, ahal) op~raM.
ro relea~e, d~scharpe, moci:°yr charge or affect th~ aigtnal liabitity of ths NtiURTGAGOR her~in, eitMi~ in whole or ln part.
i 10. It ia specificaUy :agreed, that time is of the esxnce _ of thii' ca~tract and thal r?o waiwr of any obliQaiion Mrwnder p of tl~s oblipatioq s~-
cured henby s(+ali at ~ny Kme thereafter b~ i~eld to b~ s vwiver of tf~e terms h~reof br oi tlie instnxrMnt~s~cw~d heiby. .
ll. ln addition to the fwegaig monshlY paYmenb of pr'ux:pal ~nd imerest req~i~ed kiy the promissory ewte srcured herebY, mwl9~gor te+r~+ants
and agrees:w p~y. to monpaqee wit~ tach ma?thiy psymero an eddition~l. wm es~~mated by rt+atpayee to be equ~l to 1/12 of tl+~ amual cos: of tMddlow-
"'g' . . . - ,
A-AU rsal property taxes kvied or as~es~ed agairut the above described real estate.. . ~ -
~ . B-Prert:iums on fire and windstorm h~surance as herein rcqu~~ed to be carried on tfie improvemenb sitvate oii the sbove described premiKS.
' - C--Ptemiums on suth mort rant insurar~c+e as rnwt .
9~ 9~+ Y 9~9~ s!?sll from tims ro time deem fit to urry oo ths ban `sstvred hereby: ~
j Morlgigee shell from time to time nodfy mortgagw ~n writieg'of ths amoum due`snd psy~bt+ Mrsvnd~r and wch wm sh~ll thereupon be dus and
~ payabk on the due dare of the next monthly payment and each successive month thereafter until mortyaqee sh~ll nofrfy moNgsgor of • chanpe in svcfi
E ama~nt. $uch sums shall be applied by mortgagee toward the paymarrt of roa! propeAY tsxes, insurance prem:wns, and mortyqe yuuanty inwrurca ~
~ premiums.
~ IN WITNESS WHEREOF, the said MORTGAGOR has here~nto set Iws hand snd seal tl~a day snd ~nt ~fwesaid.
Sipnad. S~akd and. detivered ii+ the presence of:
~1L~9 ~N4 ~ ~ . _ , ~ .
~#.111C~f . 4 ~
- ' ~9CEf ?0'TAM~ 4 ;
~ C~fR1~~p'~ft~~'~D E 0 ,
Rf~a ~ ~
STATE OF FtOR10A + ~
~ ~ - ~ . ~
_
~ou,~rnr oF st. t,ucie .3r~~r~iz `
~
e.rwa m. penot„uy .ppea.~d Riehard H~opez Jr. ~ ~
z
V6Zri~? B. ~~~er ha wife, to nw well krawn ~nd kiawo to m~ to b~ ;
rhe individwls described in and wfio exec~ted the fwc~oinp iratrument, ar~d acknowledped before ms tlwt tt»y ex~cuted tM san+~ fw tM purposes i
~n~.e„~ .xa~d. a?a tne ~~d Verna B. Hopper ~ -
n~
W~t. of *he s~~d Rich~~~~er Jr- ~ ~ s.pa.sro .nd p:nm
ex~min~tion by me taken separate and ap~rt from her ~aid hvsband, adu~ovvledged ro and befwe n» tl?~i sM execvted said imtrvment freely ~nd voka~
rarily and withaA ~ny compulsion, conttr~i~t, appreh~nsion, or fear of ot from ha ssid husb~nd.
WITNESS my Mnd and officul seal thi: e2 ~i 1~. day of February D. 14 76
~
~ Notary Pvblic in snd fw at~ of Florids ~t lsrp~
My Commisiion ~xpirts: . ~ • • 7~i
Return Ta
~ Flnt Fsd~r~l Savinps ~ loan /?ssocEation _ • . ~
~ Of Fat Pierce. ~ . _ •
.it;ti.
~ fort Pie~ce. Florida .j~~•-,
"~i, : .
. . . ' . j•^ U' .
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This (~strument Pre red B r~~ 4 _
Pa Y J. H. -Robetts-Tz. . `
~ F+rst Federa! Savings b loan Associati n :;:~s~~,~~ .
of~Fort Pierce r Rleri~s 33450 :l ,f 1~~~,•.~3'=
` F_~~ lw~~ ~j t~~~ ~•i?
Checked By - •
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dZ
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