HomeMy WebLinkAbout0276 1. To pisa and ca+~inuo~sly ke~p on ~M bv~:d~,;~ Row or hKeait~r ~ituww on ~a~d ~and and an aU eq~iprM~~ ~nd pMSOnslly covK~d by ~his mo.p~
spw with all pr~miums ~hereon pa:d ia iuli, fus intwanc~ ~n t~a uwal itu~dwd polic~r iwm. 1n • ~wa ~pptowd by tM 1MOdtTGAGEE. ~+~d wh+d~wrm
k~sww~cr in tM uswl ~:wKi~~d pa~cy la~n. in a~ws ~pprvwo by th~ MORTiiAGEE, in wch ca~ny w oomp+ds~ a tlr JNOitTGAGEE ~nay
dir~1; M?d ~11 ii~~ ~nd wim!s~orrm inau~~nu polici„ on any ol s~id buiW~, ~np intaNt N+K~in or put thK~of, Sn rh~ +pprp+a wm •fa.saW a~
b~aw ~h~qf. ~MII con~ain tM uwal s~anduc+ mwqspN dww a sucl+ arnr cia:w a tM Mo~tpp» m~Y ~eqv~r~, msU~p tM las u~ sud po1F ~
cia. exh w+d ~rv~.y. WraW~ a sa~d MORTGAGEE a in in~Kat ~Y ~pp~ar. w+d wch w~d ~w.y vw~h poliql tMil b~ promprh au.qn~d w+d d~tiwr~d W
~~ny h~ld by sa~d MORTGAGEE a~a fwthM secvriry ~o said mwtpap~ deb1, and, oa I~a ~han ~M t101 d~ys in rJvarw af ~M ~aplr~~an o! e~ch policy. to d?
. pw~ M a~ MORTt;AGEf • nnewd th~rwf, top~d+u wiil? • r~uKN fa sh~ p~niww of wch ren~walj ~nd ~Fwn s1+a11 b~ no fin a winds~a+w irwwanc~
• plat~d ot1 My ot s~fd bvildinps, u~y inter~tf thtr~ ot pa~t Iherwi, unl~as i~ tM (o.m and with ~h~ loss paY~b4 a~fw~wids ~nd k t!M ~wnt M1I swn •
` of ma»y bwron~ ~yabN w~d~r wch Wlicy or polwp Nid MORTGAGEE ihall Mw ;M opt~on ~o recsiw.• s~d ~ppfr tM urew on account of tM fnd~btsd~
n~s wcw~d Fwr~by c. a psr.nit sa;d MORTGAGORS ro~ea:w ~nd ~ tt w~ny pa.t Mrreof fw ahe~ pwpos~s, wi~houf thN~b/ w~ivinp w Mopa'r- ,
~ ~^li ~~~Y. li~n a ~iykt u~ler w by virtw of ~ha mortp+p~t and in fM ~~tf1f M~ MORTCsAGOKS fFNU ~p MIY fMW11 I~II !O ftHp 111f liifl p~M~ifN f0 +
~ kaw~d, o. fatl a de~lw. p.amW~Y +nY of said polKias of ~+sw+na ro s.~d MOrtiGAGEE. a(ail Ma^P~~1? 1ci P+y hr~~Y anJr WMNwn ther~fw p in ar?~r
r.,p.a fail a pe.f«m, d~xha~ye. ~:ecua. ~fiect. compl~e~. coay~ly wi~A wx1 abid~ by rhis cownan~, a~ny put Mrwt, s~W AM)RTGAGEE ~nay pl~ ~nd
p+y fa w~fi lrtswanc~ w any part tF~eof w~tlw~t w~tvinp w~f(eclinp any option. li~n. p~~hl, or ripht unda w by virtvr of tl~h Ma and t1w ~
~9+W.
fult a+no~n~ of sach and w~ry wch paym~m sFwll be ~mmcdNqly dw ar~d p~yabN u?d shaN b~ar intN~st from tM dat~ tF~wf until p~id ~t tM r~h ol ~
` nin~ pK centva+ pN uvwm and topr~her with s,xh i~~e.est ilutl b~ tscured by tM lise~ of thif mo~rtgap~. .
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1. To pamit, comrnit er w(fer ~o watit~, knpii~mint Ot dttNiOl~tipf? Jf Nid pfOPK?y Of My PiA tI1!/W~. ~
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S. To p~y all u+d sinp~rt~r th~ cw~s. chuyea u~d ~:pen~es, includ~op a reasonabl~ ~tar~ey's fa~ and owts o( a'~atrw-1s ot titl~, k~cwr~d or p~id ~I .
~ny time by sa~d MORtG!?GfE. b~cwse w in ~l+~ ~wnt af tM (a~tur~ on tl+e p~rt of :ht said NORT('sAGOR w dvly. P~~WhI and fuUy p~rfa:h. dachar~?
~:ecut~. effed. con+Plet~. comply w~~h and ~b;de by iach and every tM styxrb!~ons, pna+nen~s. cond'ee~wa and oownan:s o1 s+id pomiswry ~wh and this
^naq+y~ +nY oe atker. ar~d u~d costs, charpei and ~x~xns~s, eac.h ~r+d ~very. sMll bt i~m~edN:bly dw ~nd payablr, wi~ethN w ea~ thers be notia dr
mand, ~tt~mpt ~o tolktt or wi~ pai+d~npt ae+d tM futl am~unl oF each ~nd wery wck paynNOl sMtl bea~ i~Mhs1 fran th~ dah the~wf w+tii p~id N the
raM of nins rr ce~tum p~? uwxxn; and ~II wid co~la, char~ta and t=pentes a+owr~d or paid, IogNhar wdh tuth inlK~ab shaN b~ Ncvnd b~? tFr lit~ of tiw
mortpap~.
6. That (a in the ewM of any breach of M~is Ma~ay~ w defavlt on tM part o! ~h~ AM7ieTGAGOR, or (b) in tM ~rrm u~ o( ssid wm~ of ewnty
her~~n nfar~d w b~ not prornptSy and fully p~~d v?i~hin thi.ty (30l days nex~ afie~ the w+,. ,.re.a~h b~co~+e dw ,~,d payaw., without dem+nd w notia.
or W L+ ths sveM cach u+d ~very ~i?~ sGpulaiions, ag~~e~ne~+n. condi~ans ~nd cov~nann of u~d praniswry na~ and tlr~ mu~pape any a~:tlw a~t na1
iuh. panptty and fully pNfwmed, d~uhar~ed. eaewted ~ffed~d, compt~wd, complied with a~d abided ~iy. tF~ert in NtF~ w aey wd~ went tli~ ~aid ~
prey+t~ sum mentior~ed in said promissory nota the~ ramainirq uop~id, with interesl acuued, and all monep sec~red hertby. a!?dl batome dw and p~y-
~bt~ forthwith, Of ~IfKNf1N, at rh~ eption ot satd MORTGAGEE, ~s fuly n,d compk~ely u if ~II of N~e said wms of moewy w~n aigirulfy anpulated
?o !~e pa~d on tu2h ~ti~r, anythinp in sa~d prom~ssory eo» or in tha Mwtpaqa to tl+~ con~rary notwirAs~andfnp: ~nd ~l~ereupa~ w ther~ah~r at th~ option o4` -
uid 1NORTGIlGEE. withow ~wi~u a demand. w~t at law a in pwty. therefw~ w thsr~alret bywy may b~ proMC~tad as if momys wcvnd t~~by
had mahx.d ~a. w ~n inst~tut~on. -
7. TI»t in the wenl ~hat ~t N+e bes~~rg of or ~t ~ny tims pa+~dinp eMr wit upon thb Mort9a~e~ or to io.oclos~ tt. a to nfwin if, a?o ~nforp
payment o! any d~'aro -he.eunder. said µ0ltiGAGEE shall apply ro ~M Cou~ M~ir~ jv~isd~cr~on ~F~erwf fw rh. appoN?an.nf of ~ kwhr~r, wd~ Cowt ~MII ~
forthwith appoint a ~sceiver of said moct9aged prope~tY all ud sirgulu. inciyd+~g ~II snd s;np~r'.ar tM i++cwr~, p~ofits, iuws aed rre~ews from whsttwr
eouru daived, e~ch uid svery of whKh~ it beirg e~epreuly uode.stood. is hereby m«~gaped u if ~pecifiutly aN t~th ~nd dMCr:b~d h t!w ~~ntinp and
habenJwn clwses hereof, and such Reui.er ahatl Mve ~II the broad a~+d effect~ve fvnct~au ud powrors in ~~rywis~ e~pust~d by ~ Gou~t to ~ Reuivu, ~nd
wch appointme~a shall be mad~ by svch Cowt u an dmined equity ~nd s mstter of absoivte righ~ to ~aid MORTGAGEE, and witlaut nfKecxt to t1v
adeqvxy a in~deq~acy ol the v~:ue of th~ p~operty mort9aped w to the soiver+cy a~nsavency of sa~d MORTGAGOR w tfn~ defu~dants, and tMt such
renrs, profid, income. iuues and revenues shaN be ~ppiied by such Receive~ sccwdu~p to ~I+t tien u e~ity of said MORTGAGfE and tht pr~ctice of wcl~ ~
Court. E
8. To dvly. promptly and (~{ly perlo.m, dschug~. exea,te, effect, cor.+plete, cemply with and abid~ by aach ~+d avery tlw stipu!atiom„ ~r~eer~ts, '
conditioro and coverwnts ~n asid prom~asory oote-and th~s mort9ayc set 4ath. ~
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9. That i~ tl±e event the ownerah7p o~ rhs nwrr9+yed Prem;ses, a sny pan the.tof, bec~oes vesred 7n • p.rwn mhe. than the MORTGAGOR. ths ?
MOftTGAfEE, iti wccesso.s and assipns, may, wi~Fwt notica ro~lie MORTGAOR deal weth such_wcceawc or wccessoe ;n ;nqreat wi?h re(erenu to tiw '
mortgsye ~od the deb~ he~eby secu~ed in the s~me marv+er, p with Mwtga~or without in any w~y vitiati~p or disch~rpinq th~ Mortyagon' li~bility h~re~
under « upon the debt her~by secured. No satt ot the piemhes hereby mat9aged and no forbeaunh on th~ parl of ~M MORTGAGEE or ib successon
or assgni and no exrzns~on of e6e t~a~e for the paymtnt of tbe de61 hereby secured yiven bp the M~ORTGAGEE or its suocessors ot aas;pns. shall operatt i
to releas~, d~sch+r9e, modify charge a~flect tht orpioal liab~lity of tia MORiGAGOR beniq, e~tFwr in whde a in part.
10. It is spec+tKatty ~yreed that time is of the euenca of tFa oonvact and that no waiwr of any oblip~tion Mrwnde~ a of t1w oblipation ss-
cured ht-eby shd~ s~ any ~ime thereaFtar be held to be ~ wairer of the terms hereof or oi the 'w~struensnt iecwed herby.
11. >dd;rion ro ~he forego:r,g RwnrhlY paYmenrs uf nrenc'wl snd inreresl requ:red by the ar.,missory nore secwed herebY, mor~ga9or covenanb
and agceES to pay to mo:tgagee w~~n each ~,c.zrh~r P,r„k„~ •r, ~dd;riona{ s•~n esr~ma~ed by mwrgagee to be equal a 1/12 of the amual cost of the fdbw-
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A-4U real ptoperty taxd kvied w assessed against thc abo.e describcd real estata '
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B-Premiwna on fire ar.d winduorm insurance as hcre:n rQqu;red to be u~ried on the improveTenb situate on the above desa~bed premises.
' C-Premivma on such mortgage y~aranry inw.a~~ce :s mortgx}ee shall from t~me to fime deem fit to tury on the ban iettrred'hareby_
Mortgagee slwll iran t~ne to time no~ifY mulg~gor ;e wriring of the amount due and psy:bl~ hereuntler and wch sum sfitll tiroreupa~ be dve snd
payable on the due dare oi the next monthly payment and each wccessive monrh tFx;realte~ unril mortg~gee shatl notify mortya~or of a chaege in urch
' amount_ Such awns shall be applied by mortgaqee ro-«ard the payment of real property texes. i~sw~nce prem:ums, e~~ mprt9age ywranfy insw~~q
~ premiutrls.
I IN WITNESS ~UliEREOF, the said MORTGAGOR has hercunto set his hand and seal the day ~nd yes~ finf ~forpaid. _
I Sipned. Sealed snd delive~ed in the preaence of: • .
` _ • . n -
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57ATE OF FLORIDA ~
COUNW OF I~1C~9 ~ . . e
. ~:i'il?~~•/.
0 ~~~1 ~
8•~fore me penor?~liy ~pp~~red ~
~I'~ (~B$~911 hes wefe, to m~ vre1) ~qd ' •~d•lYN ~t~~ '
the ind'niduab desc.ibed in a~d wFw executed the fos~9oinp instrument. _ and ~clcrwwledped before me th+t tMy exaatar~~{~ ~ th~ ~
Iherein expressed. And the iaid w71[l2'E~V ~B~CAll
~rife of tM said - Q. s. ~88~C9~1 ' ~
eRUnination by me takcn sepu~te ~nd ~pa?t fro+n her aid husband, acknovv{edzed b~nd bofon m~ th~t she exetutd t~ ~~ns~16j~~~,~{,~~ _ F
~ rarily and w~thout ~~y computsion, cons~rsin+. ~PPrelrcm~on, w(ear of or irom hN s+id Iwsband. ~'r
: i ~L-' r~ ~ ~
WITNfSS my hand a+d official sea! thi• d+Y ~ 1 1' f1. p.~T' 4
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6T Ir~~f c9+11~~r , raa.,, K s~ a M» S~.M a~o.d.. b~,~~
~ ~~vci ?^t qA My es:
~ V.etum Ta CIERK C :'~JIT _
Fint Feder~l Savirgs 3 loan Associareon Rf~na*• VE~;~~r~ ~9~ f -
~ Of iort P:e~;e.
NC[ARr ?11ifIC 3TA?E Of RORlDA AT lAi4!~E
~ Fort Pierce, flwida ~ , ~ ~ ~L ~ ~pµµ'SSI •H EX?1~ MAY 16, 1977
II ~ONOED TNRU G:NERA1 ~NSURANGE UT1CfRWR1TERS
~32~
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~ This Instrument Prepared By ,j _ g• ~~8 Jr. ~ ~
~ First federal Savings b loan f.ssoci~~wn ~ s
~ of Fort Pierce ~ glp2~idg ;
checked By - ,
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