HomeMy WebLinkAbout0531 To pJ~t~ ~nd tontinuo~~ly tMp on ~hi buitd~nps now O? hfNNftN ~TU~N On ia~d land Mi~ pn ~1) pv~+NM ~ pNlpMllr ~Owi~fl by tN! ilqfl~
p~, with ~11 pnmivm~ ~Mr~on p~id ir~ fvll, li~~ inWr~nc~ in tM vwal ~u~rd pnt~cy fpen, 1n •~w~n ~pqov~d by ~t+~ MORTW?GEE. and wu~dNOr~
M~wana In tM u~wl u~~+d~rd po7~cy fwm, In •~um spFrov~d by tM MORTCs~GEE. in wcA tompMy or cw~p~ni~s u t!w MOR~GA4E! n~r
~Rnct~ ~nd ~II iN~ w~d w~n~ro~m inw.~ea polscN~ or. ~ny of aid brtM~np~. ~ny intaa~ tMr~+a w pat thw~of. M ttw pprp~ia ~ww ~for~wW a
' M uu~w ~lww/. ~MII cont~b tM vsvd p~ndud maeyapM clsuH a wd~ ~ihK c?~vs~ p tM Mort9~pa~ n?~Y ~pu:n. nw~leq tM Iou unda uid po11•
- dw ~ and ~wry. pa~abt~ b caid MORTGAGEE n~n in?K~u may ~ppw?. ~nd ~acti ~nd ~wry svch po~icy ~MII b~ port~ptty aN:pn~d ~n~ d~liwnd ~o
• ~nr Mid by atd MORiG/IGEE ~s fw~Mr kcurNy to u~d n~ortpp~ 6abt. u~d, not I~w Ma~ t~n (10) d~y~ 1n ~wn:a of th~ ~apk~tion of ~ach ~;lity. b d~
W~r ro ~aW iV10RTGAGEE ~ r~wN ~twnoi, ~op~~M~ wlth ~ r~~p~ la tM pr~eniwn ot ~vch nMw~l~ w,d ~M.~ ~hall b~ no fws a windaam In~w~c.a
plaud on uiy of uW bv~l~inw, My IrtiNNt ~F~~in a pu~ ~M.~of. vnl~N in rlr form u~d wi~h ~M bu pa~~b1~ a~fa~~aWr ~nd M+ tM wwu anr ~wa
d nan~y baonwa p~y~b?~ undK wch pot~q w polKi~s uid MORiGAGEE ~lutl haw d?~ opt~on ro.~jv~ ~nd ~pply tM ~wn~ on ~ccount of M~ Md~p~~
Ma wcvnd h~.eby a a pan+le ~atd MpRTGAGORS to reuiw u?d uN it a•ny p~.t ~FKrwf lo. o~her purpoNS, w~ehovt Uu~~b~ w~i~inp p impak-
Inp ~nY wviry, li~n a ripht v~ w by vlrtw of thi~ mwtp~p~~ ~nd in th~ ~v~nt a~d MORTGAGORS sMll ta ~~y ~u~on f~ll fo kNp tl» uId pheni~ w
Inaund, or lai) fo ddhM pomptlY u?y d aW politi~~ oi in~w~ to NW N10RTGAGEE, p i~il puenprly M p~y fvlly ~nr pr~mlwn tAw~for 0r M~ny
n~p.c~ f~tl a p.riorm, d~scharp~. •x.cur., •ff.a. compkr•. comply w~rA ~nd a0id~ by rN• cov~n.nr. a sny pan ha.of, •.~d MORTGwGEE ~n.y p1.u •nd
p~Y fa wch Inw?~nq or u?y put ~hrrwl witha» w~hrinp or ~fi~pinp any option, li~ey p~iry, a r~pht w~dM a by vlrtw of fhls Matpp~ ~nd th~
1v1) ~mount o/ ~ach ~nd w~ry sucA p~ym~nt ~ll br inumdNt~ly dw a~d pay~bl~ ~nd ~Mll b~ar ints~~s~ from tl» d~t~ tMrwf vntil paid ~ th~ nt~ ol
nln~ p~r untum p~r uuwm ~nd toOttM~ wi~h wth ie?t~~e~t ~h~:l b~ s~cw~d by tM li~n oi this mor?p~p~.
~i. To p~nnlt. oomnAt or wftM no w~~t~. Mnp~lrrtwn~ w d~teNO.~twn of said p~opNty a~ny put tMrw/.
S. To p~y ~11 ~nd slnpvlar tM ca», cMrpM ~nd ~xp~nNa, inclvdinp a r~~wn~bl~ ~ttorn~y't fw and cwn of ab~tract~ oi titl~, tr.cun~ w pNd p
any tim~ bp atd MpRTGAGEE, b~uu~~ a M tl» w~nt of tFw (~flur~ on th~ p~rt of tM s~id MORTQAGOR to dvly, pwnptly u+d fvlly p~rlorn~, di~q~
~s~cut~. tfhd. oanpl~ts, canplp with ~nd ~b~ by Nch N+d ~vNy tM ~tipulatio~u, ap?~ernsnt~, conditiom ~nd oow~unh ot uid prom;wory ~01~ ~nd ~hy
n+wtqp~ aMr a~ith~r, and said oa!~, cAuye~ and sapN+~e~, ~acb and ~wry. ~Mtl 1» Gwn~d~atdy dw aod payablat wMtMr a not rhus ~ nwia d~
m+~+d ~tt~mpt ta colMct or wq p~nd~np~ ~nd the fv11 anwuet of ~ach u~d ~vMr wch P+ym~rn ~haU Mv intw~p han tl+~ dat~ thKaof untll pNd N ~M
nq of niew p~r e~ntvm pN ~nnums ~~+d ~11 a~id to~t~, tharpM u+d ~xp~nsN hKU~nd or pald, top~lhtr with tuth Intkhl, fhdl b~ Mevr~d by fh~ li~n Of 1hN
nwrtp~p~. '
6._11wt In th~ w~nf of ~ny br~~ch of thl~ Mwtpp~ w d~f~ult on tlr part oi thr MOR73AGOR, a(b) In tM ~wnt ~ny of wW wm~ of mpNY
i»nin r~f~rr~d to b~ na prompfly ~~d fu~tr pad w~~hin fh:.ry (30) dsy~ rwx~ ~fter ~Ic~ sam~ s~ver~Ilr b~co;M dw ~nd p~y~bM. wt~ho~A d~nand a naia,
or (tJ in tM w~nt ~ach ~nd swry tM ~tiput~tiom, pre~m~nta, cond~riw,~ a~+d cov~nant~ of ~~:d p.om~•.o.y not~ ~nd tA:~ ~nortpp~ any o~ ~ithK u~ nol
luly. p~ompty ~ed fully pKfo•m~d, d;~eh.rp~d, sx~eue~d, ~H~er~d. ewnpt~e~d. eanpl'~ed w~~h ~r~d abfd~d Sy. tMn in ~itF~ a~ey ~ud? ~wnt 1M aNd ap~
prp~t~ wm n»nrion~d In s~id pranhwry noe~ ~Mn nerulninp unp~W. wirh im~~yt aeuwd, ~nd ~II morky~ Nevr~d Iw~sbY. ,~„ii b.eo,~. a„~ .nd ar
~bl~ forthwiM, a tF»r~~h~., at rFN opr~on of uid MORTGAGEE, /ully ~nd compl~t~ly If all 01 rh~ uid swna of rt~on~y vwr~ aqin~llr atiput~t~d
ro b~ ,~id on i~eh d~y. anyt6lnp In ia;d p~o:niswry ewt~ a tn this Matyap~ ro th~ eoner~ry notwirhu~~,dinpj and t!?~rwpon or tMnah~r N tM opYqn of
uid MORTGAGEE, wirho~f none~ a d.m~nd. ~uit ~t I~w a In qvity, tMnfon a th~r~ai~~r bp~~, en~y b~ prp~n,ad u If NI man~~ sKw~d h~rsby
h~d mat~r~d p~Or to ib Imtltution.
' iMr In th~ ~v~nf Mat ~t tM bpinn~nq of or ~t ~ny +fm~ p~ndinq ~ny su~t ~pon this Morrgp~, w b fw~clas~ h, of b nfwa~ N, w fo ~ntorq
i~ WY~M of ~ny d~wm Mr~~nd~.. s~td MORT~/?GEE aM11 .pply ro rh~ Couh hav~.+~ ~vr~~d'~c+ion ~Mr.of tw d» appo~nan~nt of ~ R.atva. wch Cant ~Aall
fathwlth_~ppoim ~ r~alwr of uW mwtqay~d prop~rty ~ll u+d sinp~lu, 1nc;ud,op •II ~nQ ainpulu ~M incorn~, profin, Iwws ~nd nw~uN frwn w1+~hvK
~ov~n dNlwd. ~+ch ~~d ~v~ry of whKh. it bNnp ucp~~uly und~?~iood. i~ her~by morfpp~d u if ~p~c~fic~lly N~ knh ~nd ~aib~d N th~ p.~nfino ~nd
hab~ndwn c1~uNS Mrwf~ afld ~UCFI RK~IVH ~hsll Mr~ ~II tM broad ~nd eff~cNv~ funcf~ons .nd pow~n in ~,?rwh~ ~r,rrwt~d by ~ Coun ~e a R~aiw~. ~nd
such appoietrrwnt sMll b~ mad~ by such Cov.t a~ ~n admitt~d pu~ty ~nd a matin of abwlut~ ripAt ro~aid NIORTGRGEE, ~nd wlthout rda~np ~p th~
~dpv~cp o~ inad~quacy of tM v~!w of tM propary mony~p~d or to tM wti~ncy w~nwlv~nc~r ot ~~id MORTGAGpR a tM d~fends~t~, ~nd tfwt wcA i
nnrti profin, incom~, ~uvM ~nd r~r~nwa ~Il b~ ~ppl~~d by ~uch Rec~iv~r accord~nq to tM tien or puity oi uid MORTGAGEE ~nd th~ pr~etiq o( picN
Court.
t. To duly. promptly ~nd fully pKform, discFurp~. e:~cvt~. ~fi~ct, comptet~, comply w~th ~nd ~bd~ by ~ach snd ~wry tM atipul~fioes, pn~n»nt~,
conditioru ~nd covenann ~n s~~d prornissory not~ ~nd this mo»p~y~ at fatR
9. That fn rM ev~nt rh~ owne.ship of eh~ mosrpaped ~,.em~s~c, or ~ny pa~t th.reof, b~comq ve~r~d in • penon otha than th~ MORTGAGpR, th~
MORTGAGEE, its svcceuas ~nd autp~~, may, wi:hout norxs to ~he MARTGAOR, deN wi~h such ~ucc~s~a- a sucu~wr in int~rett wlti~ nfK~ Io thi~
mwtp~ a~d tM debt Mrtby ~ecw~d in th~ tsmt manne~ ~f w~th Morepapa w~thout in ~ny w~y viti~Unp w d:Khupinp fF~ Mortppon' II~Wlitp INr~
unda or upon ~M d.bt Mr•b~ securetl. No ~~I~ of t:.t pr~m+ses he~tby mwtp~9~d ~nd no forb~~r~nc~ on tM pan of tM MOkT('sAGEE o? it~ ~uoc~qory
or a~~p~r ~nd no ~ar~roion of th~ tun~ for ths p~ym~nt ot the d~br Mr~by ~ecur~d piv~n by tM MORTGAGEE or In wcqtwn w u~;pn~, ~hall opKaM
M rN~aw, di~;harpe, modify cMnp~ a aff~ct th~ or~yi~d li~b~l;ty of tM MOR[GAGOR Aer~iry ~ith~r in who'.~ or {n pyt.
10. It i~ ap~eifiuliy ayrNd that tim~ 4 of th~ ~w~c~ oi this comr~a ~tid that no waiver of ~ny ob~;pu;o~ le~r~vnd~r or af th~ obtlp~tion ~
a,r~d 1w.~by ~ull ~t any tirrw rM.~~h~r ~ Mk! to b~ • wdr~r of tM f~rm~ Mr~of a of f!K irutrumtnt a~tur~d h~rby. ~
i 1. In add~tion to tM fapo:np monthl~ payment~ of prirK'p~l •~d Inr~rest requ~rtd by tM promittory nor~ ~ecured h~r~by, rtartOpor ~pv~ryoq '
•nd apna~ ~o pay to mony~pN with ~~cA ~nonrhlY P+r~~++ u+ ~dd~~~oeul wm nt~R~~~d by mwtyape~ ro b~ pual b 1/14 of th~ annud tw1 oi tiN foltow-
irg:
A-All ~~at propvry t~xa lev~ed or ass~tsed syainst the abow dttuib~d r~al eust~.
~-Premiums on fir~ ~nd wind~torm insuranet at hsre~~ reqv:•td to b~ tsrr~ed on ti» ~mprov~ntt tituat~ on tM ~bov~ Qtavib~d pt~enis~s.
C-Pi~miums on ~uch morty~ye yuu~r.ty in~uraoc~ ~t rr.o+t~~q~~ ahall irom t~me to tirrM dNm fit to u~ry ae 11+~ Iwe atcwad h~r~br. =
MwtQspN shall irom fim~ to tfrrw noNfy mwtyapor ~n wr~t~np of tl,~ amo~,nt due ~nd payabl~ Mr~und~? ~~d ~uch wm ahall tMrwpon b~ dw ~nd
paYsbl~ on tM dw dat~ of th~ r»xt monthly p~ym~nt •nd ~ich succa~iw month tMr~~ftN until mwtppN shdl notifp mortp~por pi • chanp~ i.i ~~h '
amount. Suci~ surrv ikait b~ ~pp;in! by mortpap~e roward the p~yment at r~a! pr~p~rty t~x~s, insur~eK~ pr~m;vmu, ~nd morfp~ 9wrM~y in~y~u~
premiumt. _
!N W!TNESS vVHEREOF, the ~td MORTGAGOR Fus h~re+,nto at k~ hand snd ~al tM day and y~u i' fa id. - ~
u9^~d S~~t.d ~nd a'~tlv~r~d in tM pr~unc~ of: ~ilE.i AkC° ~'_,;{;hiEO _ /
I ~ T ~ St. «irt~ b..~ '
vMTr F14. lY
i C / ! 'i.~ ;~'-.F~ 'A4S a -
r rc~~ :.:i' ~04R ~ 4
^ ~ - 'r-.. :icr~. ~ ~
APR I~ 2 io PH'16 ~p
~ STATE Of FIORIDA 3321 )
SL . LLiC i@ ~ ~ `
~urrnr oF -
I s.t,n p..,co,~ty ,pp.,,.a Lloyd Tay2or .nd
Clot i lde ~.?aylor ro~. w.~i k~o~, ~~d k~w~, m~,,. a~
fM Ind7vidusl~ d~tcrib.d In ~nd who ~aecut.d t1» fwpanp tnstrum~nt, .nd ~cknowi~dy.d b.fon m~ tl~t tMy ~~cvt~d tiw sam~ for tF» pwpaM
rh.?•tn •xp.....e. ~?nd rh. •,~d C lo t i 1 de F. ? a y 1 or
,~i. ,f ~h, N~d Llovd Tavlor ~ . ~
~~cunin•rwn P~
by flf! t~kM N~r~ta and apuf from Mr uid hu~b~nd, acknowl.dp.d fv ~r,d b~for~ nn tF,~t ~M ~x~a,tsd uW ieatn,m~nt frNly ~nd volw~.
tuity ~nd wilhovl •ny compvtsion, cornrntnt, appreFNns;on, or fe~r of or from hN s+id hu~b~nd.
WITNESS my hand ~nd ofik~d s~al th~. d~y of A~r i 1 19 76
.
~ , ~
, '1xG/ i~~C!~~«.Ti P!~/t'
; Not~ry Publk in a~d f~M Sta o~ florWa ~t t~rp~
My Commiuion eapir~a:
R~tum To: ~C,:,t C_ ~ %'1 ~~y.
flnt f~denl Savinp~ i loan /1~wc;arton
Of fo.t P:~rc~. -
Fon P~trc~, Flo~~d~
~
t
This Instrument Prepared By John w'. Col lins - - . ~ ~ ~ • . ~
Fir:t Federel Savings d~ loan Asiociation -
of Fort Pierce , R lor i da , , -
Checked By ~ ' - . . , ~
~"i ~~1 FAGE ~ '
~ ~ - - - - -
F .~r ---c
~ ~
~ ~ h~.~`. i f ri ,_ry
yr 3~.-~ . :z _ ~