HomeMy WebLinkAbout0278 !
S
To pl~o~ a+d conti,wau~1~ ie~ on t~a .w:~1dN~~ ~W~p Ot 11NMIIN ~i1WN p: Nid (M1d M1fI OA ~II pVip+Mflf NKI pMlGf?~I~ c,naad by thi~ aw.p~
ap~, with dl prwnivms ~h~rwn p~~d in t~t1. 1h~ ~•uwsnca ~n ~M uwal ,e~,d.~d poiKy fam, in •~wn apWov~d by tM MC~RTGAGEE, a~d Nfnd~rorm
Inwr~ in ~M wual ~iand~ro pd:cy fa~n, iw ~ uwe ~ppowd br tfw MORTGAGEE. in w~ comp+^Y w oanP+~~a a~ ~ MORTGAGf[ m~y E
dirw~ ~nd dl fk~ K+d wind~arm irawana polKi~s on aoy of wid bw1d~ ~ny Ina~at ~I~~in w pa~ ihNw~/, in ~M apprp+k~ w~n alahaW a
M~xcta IMnof, ~li con~a+n ~M wwl ~a,dad iwa~pN clw~a a such aMr deu~ .s ~M ~Ao.rp.p.. ~++.y rpvw~, n+atinp ~ low w~dN a~d poq~ t
wi. ~ach anJ ~wry. WyabN w s~id M07tTGAGEE N i~s inarat nay ~pp~ar. ~nd ~+ch and ~wry ~ud~ policy ~hall b~ P~p~Whr as.9n~d ~nd d~liw.sd !o ~
a:y Mld by s~id MORtGAGEE (w~hN aecv.ity w ~a~d mor~~ debt. +nd. aa I~u tF+~n qn (:0) d~ys in .idvaou ol th~ ~xpuation of ~ad+ PolitY. ~o d? f
liw? ~o ssid MORTGA6EE a r~new~t iF?w~of. to~~hw wi~l+ • r~tpt fa ths p«niun~ of wch rN?twalj and ~Mr~ ~'r~ail bt ~o tw~ ot winds~a~n b?~wsnu ~
plaad on u~t~ of satd buitd'u~qs, aMr int~.qt N~a~in w pwt thK~of. unl~as In ~he torm and wi~h ~M lou payabl~ a~ ~fa~id~ M+d in tl» ~vent a~ sww !
' of mw»y b~cwn~a payaW~ w~der ivch polity a polici~s wid MORTWIGEE ~hall haw ~M ap~~on to ~~u~re ~nJ ~ppiy tM ~+rn~ on ~ccow+t of tM ind~b~ed~ {
• n~ s~cw~d Mr~by or a p~rm~r s~id MORTGl1GORS to rsc~iv~ aed vs~ i~ or rny pai~ thereof fw o~i~er purpo~~s w~~hou~ thx~b~ wa~.iny w w~pak• ~
irg any pviry. lise a rpht w~dK or by virtw of this ma:tpap~j ~nd in tM ~v~nt s~id MORiGAGORS sMll iw ~ny nawn fafl 1o kMp tM uid pr~nwua a t
Mnured, a faU b d~liwr prpnptly a~y of uid polides ef i~wranc~ ro sa~d MORTGAGEE, o~ fail promytlr M par fully anr pr~miwa th~r~for p M-~r
r~~qc1 f~it b pKionn. diuhu~. eaacvq. ~ff~d. complet~, aomply wirh and ~bid~ by t!~i~ townaM, or ~ny p~n lw~of, saW MORTGAGEE may pl+ce and
paY for such baur~ o~ ~ny p~rt theno! without waivinp or •ff~crinp anY op~ion, IiM, equity, a riyht vr.dK o~ by v4tw of tAh Matp~. arl tht
fvll smo~iM of ~ac!? ~nd ~vMr such payment shall b~ i~+Mnedia~dy dw u+d py~bl~ and sha11 bwr 1r+te~~s1 fram tM daq the~eo~ untit paid et th~ .ah d
nin~ pa ct~+twn per ancwrn and together with such ~r+t~.est shall bs xcured by tF.~ IiM of Mis mortyap~.
I. To pKmit, cne?nd~ a suffei no ws~ta. impa'ameM or d~tmiwatan ot ~aid }xopa~y p any pat tMnof.
S. To pay ~II and ~rpular tM cosn, ciwpe~ ~nd ~xpa?w~, includinp a?e~sonabl~ anw~ey'a f~e and costs of absn~aa of fitl~. la,uned w prid N
+ny tirne by said MORTGAGEE, becaw~ or in tM ~v~m of ~M (ailure oe tt» part of th~ ~~id MORTGAGaR ro duly. p~omptiy ~nd fv11Y pw(w~, d'aclwpR,
~xecut~. ~ffeu. cunpkt~. comply w~rA and ab+d~ by exh u+d svi+y_the..~~ipulatans, ~p.ea.ne~», cor+di~ioe?~. ~^d ooven:nn of ssid prwn~ssory noN and ~hi~
^+a~9+?~ +~Y a ~iths~. and ~a3d costs, cha?ges and ~xpensew esch and ~very. ihatl b~ imer~ediahly dw «+d pay~Waj whethN w nw thai b~ notict dr
m~nd, att~mpt ro cofkct a wit pend~ngs ~+d ths ivl! ~nau~1 oF each and iwry such payment chall be~. iMereq trar. tM d~r~ ther~of w~til psW at tM
ra~e of nin~ p~r ccntwn pK aruwmj and all said cou~„ clwy~s and e:penses•w~w~r~d ar paid, top~Ihs~ w~th suth int~rnt. sh~l1 b~ s~cwa! b~r th~ IiM of ~lu~
^+w~p+y~• -
6. That in the wMt oE aery bre~ch of this 1Mortya~ w dsf~ult on ths pa?t of th~ JHIORTGAGOR. or (b) in tM ~wnt a+y ot s~~d wms ot moMy
henin re(Kre~ to b~ ~wt pranptly and iuily paid within ~haty (30) d~ys nex~ affe+ fhe sarrN ssvKally become dw snd payaW~, wirhwn demr.~d a eotkt,
or W in tM event each u+d wuy tiie isipul#t~ona, a9reanents, cp,drtior~s and covsnants of s~id prom~ssory noq ~nd th:s ~wrtp~pe any a~ithtr ut no1
iu~y, prompNy and fulty pe.fa~.wd~, d;scharped. exacured, effected, con,pl~tsd. compl~ed wuh a~d abided by, tlwn in ~i~her or any such weM ~M aid p~
yreyat~ wm m~nt;oned In ssio promiuory note tl+e~ remai~irg u~pa~d. with interes~ xaued, and all ma~eys s~cvnd hs~tby. ~hall b~can~ dw and paY
~b1~ fathwith, o~ rMresher, et th~ opeion of sa;d MpRiGAGEE, u Eully and compte~ely.p it aH of the said s~wm-of-nqn~y w~r~ pipinally sGpubted
ro b~ pa+d on wch day. a~sything ~n s:;d p~om~ssory note w in ~ha Ma~a~e ro the conr.ary nawi~hseandir~ and the.eupon or thauh~ a~ rM op~an of
s~id MORTGAGEE, witlaut notks a demand, wit at Iwv or ia eq~ity, therdore a therea(ter bepun, may be pro~ecvt~d N if ~II
had matwed pwr ro~q wnritution. s~a~nd Mrtbp
7. ihat in tM weof el+at at the beginnirg of or at ~ny tim~ pending any wit upon this Mort9~, a W fw~clwe 8, a to nfam M, a to a?fwn ~
payment of ae~y dairm bereurxle~. _s~id MORTGAGEE aha11 apply to tAe to~n Mvirg ju.~sdKrion therwf fw t!M appoimm~nt of ~ Receiw?. wch Caxt shNl ~
forthwieh appant a rece'svK of said mort~ayed prope?ty sll ued angvlu. i~clud~rg ~II and sin9u!sr tM i~cane. praiib, bsws ~nd r~wnwa fram whittw? ~
sowoa deriwd, esch and wery of which, it beirg expreuly unders~ood. is haeby mwrgsged ss if squfically se~ lath and ~eescribed in th~ prantinp snd '
habendum clauses hereo(, arxl such Receive? sfiali Mve a!1 the b~oad and eftecti~~ twct:ons and powers in a~ywise entrust~d by a Cowt ro~ ReceFva, uid ;
•uch ~ppointmen~ shall be made by such Can~ as an ~dmirted eQuity ard a r~it~rr of ibsolv!e rgM to ssid NWRTGAGEE, and witF+out r~fer~p to th~ t
sdaq~acy w in~dequacy of fhe value of the wa,xrty mo.~s~ged w to the sWvency w insotvency of s~id MORiGAGOR or the defe++dant~„ and that wd~
renrs, protits, irxome, issues snd reverwes sh~11 b~ applied by such Reuiver accordinp to 1F?e lien or equity of said MORTGAGEE and th~ practiu of wch ~
Co:at. t
8. To duly, promptty and iully perfam, discha~ye, execute, effect, compkte, comply with aod ~bide bp exh and awty t!r stipvlatiau, ap~eements, ~
conditio~s and covenana in w~d promissory ~wte ~+d ~his mwt9ape set forth. •
' ~i. Thse in tl?e event tM owmship of ~he mongayed pramises, w any psrt thereof, becwny v~estd lA ~ person othe~ tlwn tM MORTGAGOft, th~
MGRTGAGEE, in successors a~d euig~s, may, without ~otit~ to the NWI[TGAOR, deai w~th such suctessor p_succeuw in in!erett with ~eference b Ihis
n+o~igape ar.d rhe de~~ hcrsby secured in the s~me marxxr ~s wkh Mat9apw rvithovt in any way viNatinp a d:xha~pirg th~ Monqspors' li~bitity M~?
undcr w uFon the debr hereby sacwed. No aak of -the p~emises he~ebp mo~paped and rq fabeawnce on Ihs psrt of the MORiGAGEE a in suaesson +
or auig~n and no e=tens~on of the tim~ fw ths payment of the debt hereby secured Qiven by ti~s MORTGAGEE a ib succetson or ass;~ns, sh~ll opent~
ro roleu~. d~scharge, inod~fy cfiarge Q7 FffK1 1IN o~iginal liab~l~ry of tne MORTGAGOR herein, ~Hi~e~ in Whole o~ in put.
10. Ir is specificaliy igreed thaf rime is of Hk essw,cs of this eontract and tMt no w~fver of e~ryr obli~~rion hereunder a of tF~ obUpuion sa-
a,red hereby shaH at any time rher.~tte. be held to be • wa~vcr of the terms hneoi w of the instrurnent secured herby.
I1. In adtl~tion to the fwego'ng monthly payments of prir~c'p~l and 'u~te~es• ~equ:red 5y the prom~sswy note secwed hereby, mort~agw ~pv~nants
end a~rees to pay to mo:tgagee v`ith esth month(y payment an additionsl sum estimated by mortysgee to be equal to 1/12 of the ~nnwl cost of the (olloaw-
i~:
A-AU real propeny uaes lev~ed or assessed against rhe above dex~ibed real estate.
B-Prer..iums on iire and windstorm irsurar.ce as htrefn requ:red to be tarried on the improvements sitwte on the above desaibed p?emaes.
C-Premfums on wch mortgsge guar.nty insurar,ce sa mwtgayee shall irom time to time deem fit 1o tarry on th~ ba~ aetured hereby, ~
Mo.t jagce shait from rime to time norify mortgsga? ~n wr~tinq of the amount due a~d p~y~bk herevr~der and svch wm shaU Nwretrpon be due u~d
Feyable on tfie d,x oare of the next monfhly payment sr+d ixh successive r.eonth theresfter w:ti{ mortgsgee shall notify mortgagw of s change in p?d~
amo~nt. Such sums st,all be app;ied by mortgagee ~owa~d the payment of real property taxes, inswa~te p?em:ums, and mortyaye gwranfy inwtu~u
pr.miurm. • .
IN WITNESS WHfREQf, the said MORTGAGOR has hereumo set his hand and seal the day a~d fint afores+id. ~
r Sipned. Seakd and delivered in th~ presence of: ~ -
~ _ ~;a.-~~ ~
- - - e 8 n
~ ( l~'t'+~l~
~e..~ .
~ i~~C~ - e' g ~e8 ~A .
S1ATE OF itORiD ~ .
COUNTY OF L11C~9 ~
B~fora ms perwnatly ~ppeared B~71~e T~1A088 ~
~E~,82'Idl'~8 ~18ID@8 - his wife, to me welt known and known b me to b~ :
the individwb defcribed in and who executed the ftsreQoinp insuumenf, and atkno-+vtedped before me tfwt th~y ~xecuted tht sarM fw tht purpoa~s
rherein expretsed. And the ssid ~.~~a ~6~ ~ i
.vife _of the ssid ~~f A E
vpon a s~prrst~ ~nd piv~N i
e¦aminat~o~ by me tskee~ separaq and_apaA from her u~d husband, adu~owkdged b ~nd be(on rn~ tl~at s!a exacutd said irotrumtnt kwlp and voluo-
ranly and w~thout any compukion, consrraEnt, apprehs w feu of or frorn her said husband.
WITNESS my hand ~nd o(fici~l seal thii ~ d+Y of ~~1 A. 19 76 .
,r
; . ~.t.
~ ,
~ FI~E~ AyU REL'JRDE~aary PuWic in f Stah of Norida ~t lar~
~ Retum.Tw . ST.~OCE 4~j~qA~~~y Can~na~an enpires: ,
~ First federal Savings 3 Lean Associat"an q_r a~ ~~~~UIT CO Notory /b=atic. Stat~ oi flo~ido of lo.ps "
~ O~ fo-t P:erce. n~~f ~t ~~n /Ar Coenm>ss!on Exs:res lvlp ?2, 1977 i
Fo~t P~erce. Flo.lda ~ ~ ~1°^iO" d' ~'swi~Y 4- ?
~ 3'+2 PM'T6
3 233 - r, ~ . ~ ~
This Instrument Prepared 8y J A,pbg~s 32 ~ M
r~. ~
! s • t'•;:: ; c~
First F e
dera) S avings E~ Loan A ssociation ~~-~t i i
• of-Fort Pierce ~ Flo~'1.d8 . ' d - . -
Checkeci By _ ' ~ ~
~ ~ ~ " '
~ _ • :
. _ ' S ;
F'~
t ~6E ~.1 ~ , ~ !
~ n. _ _ _ ~x*
_ - _