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HomeMy WebLinkAbout0984 t To pl~cs u~d continuo~iiy kt~ on tM bui:dings ~ww w Mr~ahM ~iwab on s~id lad ~d on ~11 pvipm~nt snd p~nondly owrN~d by ?hk mor1P p~. writ6 dl pr.miu~q ~h. ~ p~~d in fv~l, lin insuanu in ~M. wwl ~1~nd.rd potity foreq, h• swn ~pprowd by ths AAORTGAGEE. ~~d wi~dstor~a Nr.Kanc~ in ~M wwl ~~a~dud pol~cy fa~n. in • sum ~pp.ov~a bp ~h~ MORi~3l?GEE. in such canpany o. compw~ia a th~ MORTG/1GEE sn+Y dindt u+d a11 tiro ~nd w~~onn inwra++a pol~ on any of ~aid buiidn+p~„ a~ryr inNra~ tFwain ot P~ tlwwi. in ih~ aQqn~t~ swn ~fona~id a h~xaa tl~~of. ~hal1 com~ tiw wwt irsndard morrSl+~ davN a such aiw dww st N+~ Ma~pay~ ~y nquin. ~kMq 11r loss undN ~aid poli~ s dn. Nch ~+d wKy. P+y~bl~ w zaid MORTGAOEE a ia inwnt m~Y +PP~+~. «+d ~ach ~nd w~ry wch po~ih~ ihall b~ Waeo~h ass:pr'.sd and dt1iva~d b i ~ny held by ~aid MORTGAGEE a~ iwthtf setu~ity to said mon~ap~ debt, and. nw I~s~ tMn tM (1~ day~ In ~dv~nc~ o! th~ ~apN~tion oi ~~ch polky, to dr liwr ro uid JNORTGAGEE ~ r~n~w~i ?hereof, fo~~hK with • rK~ip! 1w Ih~ wtmivm oi wtA r~w~l~ and t1w~~ ~MU u~ no fw~ a windi~arn in~wana ~ pi~ad on aMr of wid b„ildinp~. My intl~Nf tFN~~k~ OI pa~f ~hNW/, vntosi in the fam ~nd with tM bss p~yaWe u~forewid~ arw! in th~ ~wM ~ny~swn ot moMy bcana p~y~bh w~dK wch poiicy a policip ~id MORTGAGEE thall haw ~h~ oplioo 1o rcuiri acs~ applr the saen~ on acw~nt of tM k~d~bt~ mas ssa+t~d M?eby p b pNinit ~aid MORTGAGORS to r~piw ~d us~ i1 a any put thenof iw orha p~rposs~, wi~hovt tM~eby waivinp a ~+~+ia {ng any pyyry, lie~ w ripht undsr o~ by vir)w o1 ~his nw~tpa~; and in tM ~wm wid JNORTGAGQRS ahall fw ~ny n+aon f~il b k~ip tM ~aid premi~es w hsvred. w fail b d~liw~ pranptly u+y of said polici~s of in~uu~q 10 ~aid MpRTGAGEE. or• i~ll promptly to pay fu11Y any pnmiwn tMr~fa a In any ~~sp~ct bil 1o pNfa:n, dixharq~. tzecut~. ~ifM, comphte, complY with and abid~ by thh cowr?ant, a any p~rt haeof. s+W 1NORTGAGEE may plac~ and i~ paY fa uxh Insurancs or ~ny part thereof w~ihoul waivinp o~ sH~ctinp any opt:oc~, li~n, puitY, or ripht ~ndK w by virtut of eht~ Mutpap~. and the full ~+~ovo~ of ~ach a+d ~wry such paym~nt iMll b~ immedi~t~ly dw u,d p~yaW~ and ~ha!! beu imNest f~om tt» dat~ tMrwf until paW a~ tM ~aq ol r' ~ nir» p~r oentvm pw annum a~?d topethe. wl~h wch i~terest ahal{ p~ sccwed by th~ lien of thh matpp~. : 1. To p~mut, conMe?i~ a suifsr no waste. Impau~nt 01 d~ttriorafi0~ of ~id p~tiptrfr W MY p~rt t1Nr~Of• ~ S. to pay ~11 and sMy~1u Nw coata. chnpe~ a+d ~xp~nsM, k+clvd'up s+assa~ att~e~ey's fN W+d costs of ab~t?acn of titi~, ~«i or p~id st j •ny tims by said MORTGAGEE, b~cavs~ or in ~wm oi th~ tailwt on tlw parl of t!r s~W MORiG/l('~OR b duty. p?anptly u~d fully pwforny d'utharqlt ~xrcute, atf~et. cwnpNt~, cwnpty w~~h and ab:de by sach aod every tl+~ sripulatwns, +preeme~~s, eonditions, ~ed oown~nq oi ~aid promis~ory na~ a~d this mort~+p~ +nY w ~i~he., uid said oosM. ch+rpe~ u?d ~xpenses, eaci+ and weryr, stutl b~ 4~diat~ly dw uid p~y~bl~: wMtl+K or not tMr~ b~ noric~ ds m~~d, »tempt to coUect a avi~ p~ndin~ and tM full arnount of ~ad~ Md w~?y wch paym~++t sMfl bN. InferK~ frwn t1~ da1~ th~nof umll p~id at th~ r~h of nim ctatum p~r ~nrwm~ ud a11 w~d cost~, cMryes and ~xp~++s~s incvrnd o~ psid. ~og~tlw with such inNrqt. sMll b~ a~wr~d !q? tM li~n of thY ~.ro.~..~- . 6. TMt (i) in tM ev~nt of a~y brexh of thb Mwt9+g~ or def~ult on the p~rt of th~ MCkTGAC,dR, ~ir (b) in tM wenf any of s~id wn+t of mon~y hereio .~fKred. to b~ noi promptly and Iully paid wirhin thirty (30) d~ys ~+exf after fhs wne severaily becan~ dw and p~y~bt~, withoW demand w ~otic~, o? (d in tha ~wnt ~+d? and ~very the stipda~ioeu .prr~nwnts. cor+ditions arrl covMU?ts uf se;d p~anhsay not~ ~nd tha mortpap~ +np a~ifhK an no1 fulp. panptiy ~nd lutly pe.forrned, dtscM.ped, executcd, ~ffected, aompkted, comphd w{th a+d ~bided ey, tfw~ b eithu a' any wch s~t tM s~id ap~ prpah wm mentions~ in s+id p~omissory note ihen ~~ioirg unpaid, wzth inte~est acuued, and afl moneri s~aired harshy, thslf b~ooen~ dw snd pay~ abl~ fwthwirh, Ot fIfMNTtK, at the, opr~o~+ of sa;d MQRTGAGEE, as fully and comptetely as if all of rhe aaid awm of mor»r wer~ e~ripieally siiputated ro be paid on sud+ day, anythirg in satd promiuory noM or in this Mat~a~ to th~ contruy notwi~hstand'x+ps i11d 1FM~fN1P011 p tI1lfNf1K. ~1 fM OP11Of1 Of ~aid MORTGAGEE, w~Mout ~.otice or demaod, wi1 ~t taw w in equity, thersforo o? theceafter beyvn, m~y M prw~c~bd p if aU mone~r~.s~tw~ei hKeby h~d Inifutsd ptqr t0 ib ins/itutioe. ~E~ 7. TMt in tM went that at tM im?I of w st an tim~ i~• ~9 ~ Y P~~~+9 a~lr wit upoe tha Mortya~, a to fancloit tt, br to r~fon* N. or ~ enfora paynw++t of u~y clsirm hsrovnde~, said NIORTGAGEE ~hall ~pply to ti+~ Ca,h Mving jurisdKrion thereof fa th~ appoinlm~nt of s Receiver. wd+ toun shall forthwith ippoint a raceiver of said matgag~d property ~U ~nd sie~ulM, includu~p aR and sinpvlar Nw'~, profiri, iy~s.and n+ranws frpa. what~wr wura deriv~d.- ~ach ~~d ~verp of which, it bcinp express4y und~.seood, a hercby mor~gaged p N tp~c+ficallr s1f fonh ~nd ~~~ta~ iA"th~' ~antirp and habadun cta~ses herwf, ~nd such Receiver ~hall h~w all t}~e broad ~nd effective funcf~s and powert ia snywise entrust~d by ~ Cou~t to a Reaiva. and such ~p{wintmeM shal! be made by wth Court as an admitted eqviir a~.o ~ rrriiei vi iosvivia tiyi~t fo s~id MORTGAGEE~ and withovt roferent~ t0 tM adequscy or insdequacy of she wlus of ths prpperty mortpa~ed w ro.rhe solveecy a insolvency of s~;d MORiGAGOR a rhe defendann. •r~d thaf wch rents, p~ofin, income, ;ss,~es and revanws ahstt b~ sppl~ed by such Receive~ +coord~np ~o the liea or puity of uid MORTGAGEE and th~ practia of wch CouA. , 8. To dely, promptly end fully perform, d[scl~?ye, execute, effect, compkte, con?ply with s~d abid~ by wch and tvsry tM sY latiom, caxxtaru and covcnann ~n said promiuory note a~d th;s mwtgsgt set forth. ~ 9. That in tha event tM ownership of rFk mon~~d p~i+nk~s. a- anY- V+~t therwf. becw~ vesred 4s a person othe~ than the MORTG/IGOR, rh~ MORTGAGEE, iq succeuors and assipns, may, witi~t rotic~ to-the.. MORTGfAOR, . d~al .with s~rch a. ia interest with reference to this mort and ~he drb~ hefe . s"~°t.- ~'!~fe"Of y+9e bY securcd in the sam~ rnanner u Mfith ~Illartpagor witlwnt in ~ny ws~r vNatag ~oi dixMry'r~p ~M Mortpagws' liabl~ity Iw?e~ u~ier a upon the debt hereby setwed- No Hk of tM p?ertw~ h~r~b~r ~qwt9~g~d apd~ ~io forbear~poe~ on th~ pit of ~ 11+~ µpRTGAGEE or hs wccessors w~ssgns and no ex~ens'wn of tAs ;'vue-for ths pqyraw~t of the dsbt d~ero~y .secur~d_ Alvan by li» MORTG/~GEE qr ih ,sucaq~oa or assipns„ slw11 opuaN ~o rekase. d~schar~, rriod~fy cMnge ci affect "the orig~twi liibi'f~ry of tlie MORT(3AGOR h~reln, siN~a in whole 'o'? tn Pa~ . . j _ . . _ . . . T 1Q It h spec~fically agieed'that time is of the esserics of thq iorStra~i and I~t~i+o walver of any otili~tion hiteundx or of th~ obligation N- cund hereby s1,aU at any rim~ thercaft~i be held to be'a waive~ eF tlri f~rh~s he~eof or d tFw Irdtrumenf secwed;fkrb~i. - 11. In add~tia~ to the fwego:ng monthlY payments of princ'pat and interest required by the promissory note stcured hereby, mortgspor covsn~nb and agrees to pay to mwtgagee with each mon~hlr payment an add~rionsl sum estimated by mortpayee to be equal to 1/12 of the innua) tost of the fotbw- ~ , A-All rea! property tsxes leried or assessed against the above deuribed reat estate. ~ B-Premi~ms on fbb and windstorm'insurar.ce` u here~r? requ~red to ~e~ cartkd on fhe iAiproveririenri'iitustt on tfie ~bove desuibed premises. C-Premiums on such mwtgage guaranty insurar,ce as moitgagee shall fra» t~me to time dcem fit to nrry on ths Iwo secwed hereby. Mortgagce sbalt _frwp time to.time noiify moAgagor in wtltmy d tFN amaint due~snd MY+ble 1Nrlundet ind afcl~ wm.shsll tAerevpod be due and ~ payabk on ~he duc date of the next monthly payment and exh wccessiie ~antk thereafter until mortgaye~ shall notify mort9agor of a chanQ~ in wd+ [ ~ amvunt. Such suma shafl be applied by mortgagee toward the p~yment of real prope~ty b:es, imuru~ts prem;ums, snd mortg~pe ~wranfy inwranc~ I' f p~emtums. ' ~ ~ IN WRNESS WHEREOF, the taid MORTGAGOR hu Fxreumo s~t his haod and seat tM day and year fint aforesaid. Siyned, Sealed ~nd delivered in the presence of: n ' - C NtL~;D ~ .x 0:~.. r ~ y~.~ asr~~'~• @. ~ ~ ; ; ~ ~o~s Giitl:~iT { ~ itE~t!R[~ L'E"~4r'fD STATE OF fIORIDA ~ ~ ~ gi ~ . - ' { - ~ couNnr oF - ,St_ ~cie r i ~ e.fwe ~ P..~o„+uy.~...~d - 4tanton B_ Baldi9a .,,d Sars Helen Bald~.~ hia wite ro m. w.~~ kiwwn ,ad known a n.. w b. rhe individwls described in and who ~xa utad ths foreyoinp Instrument, and acicnowled~ed befor~ rrN thst th~y ~xea?tad tFr sam~ fat tlr purpows therein expreskd. N,d trb ~.~a ~ Sara Helen Baldiqa ~ wife of tM taid Stanton B ~ZC~1l~ upon a sep~~at~ and prlvaN examinstion by me tsken uparate and apart from her ~aid husband, adu~oMrledged to and befora n» tMt shs execvted t~id irotnimsN ftNlr and volvrr rarily and withovt sny compulsion, constroint, spprel~eniron, a feu of w from her said Iwsb~nd, ~ W1TNE55 my i?~nd and offitial seal thia e~ ~r day ~ Rebruar,y A, p. 19_..2~ z ~ ~ . ~D~.~.Ln~.+ /3. . Natary Pubtic in W+d for tta of F{wid~ d tup~ My Commiuion expires: ~ ~ ~ . 7 / Retum Ta ` ' ' , Fint Feder~l ,iavi~gs 3 i.oan Association ..c.1Ut;t~~, Of Fort Aferca ~ T-.,,,f~~~~s. Fort Pierte. Florida ~ ~ ~ ~ . - ~ ' • . i . - J: • +'•5~~i~ ~ . ^ ~1} ~j ~N ~ f'j. • L~ ~ ~ This Instrument PreparEd By J. H, Roberts Jr. ~.'1"~ : = - First Federol Savings b loan Association ~ - • E" ~ pti~~' ~ of Fort Pierce ~ Rlotida 33450 - x-~ ,.4 ~ ~ _ • . _ C~ .J•'r g,~ ~.i- 8~ ~~~-2~4s 1 ~1 . . ~ • ` . ~ a w ~ ~ ~ ~ . ~ _ , ~ ~ ~ . ~ t . - - ~ _ _ y _ a z . ~ ~~t ,z e . z. _ = _