HomeMy WebLinkAbout0344 7. To pl~a~ and caui~wo~~ly ke~p on ~M bu~td'ups now a h.r.aha ~w.~. oe .aW lad .nd on .u ~w?ta~u a~d vKwn~~h oora~d br M~ nwr+v~
. Mw witl~ a0 pnmivma Nwr~on p~~d in full, fin ieawM?a in ~iN ~w+l ar~ndwd policy torn~„ in ~ wm ~pprowd by tM MQAiCsI?GEE. and wM+duo~m
i~wK~ao~ i~ d» wwl it«+dard poGcp fa~q, tn • awn ~pprw~d by tM MORTGAGEE. M+ wch oomP~e?Y a cony~anin M tM MORirrJ1GEE M+r
~nc~ ~nd ~U fir~ ~nd wind~arm ~u~xana polic~ on ~ny OI Nid bVllditp~,. My MiN~il iFMff111 Of piff tAM~O}. in tM pp~p~» we+ afo~NaW ar
M~ ~xcw tMrw/. ~h+ll oon~~in HN wual at«+dard mor~ppN ciww o~ wch wlw dww a~ th~ Morpa~ nwy ~pv'u~, ia~kinp Hr low wdM Mid VoU~
c+... «ch and w«r. wr+bi. a..w e~ortsc~?GEE a+n t~+wa.a~ m.y .~..r. «~d a~ .od .r«r «,a~ ~M? a w~a~b «?:~.d .~a d.~+~«~d a
~n~r Mld br said MORiGAGEE a~ tw~h~ wcv~iqr ro aid mortpp~ d~W. ~nd. no~ I~u ~Mn qn (1~ daya in advana ol tM ~xptration of ~ach Pak1?. b d~
pvw le said MORTG/1GEE a n~wal Mw~wf. to~~Mr with ~ heNp1 for th~ pr«nwm of aveh r~ewway and ~hu~ shall b~ no fin a wind~tam irwnana E
plaad on anr of said bulldinp~„ ~ny M~hrest dwtin ot parl thK~of. w?Itst tn tfi~ torm ~nd with tM Iw~ pay~bb a~ ~torNaid~ and M+ tM ~wM ~ny wm
d nan~y b~ooirws P+Yabt~ wdn wch Vakl? a~ Polici~ safd MORTGAGEE shall haw tM op~icn ro nceM ~nd ~pply tM ~w on acao~nt of tl» Y~d~M~d
u~a s~cw~d h~nby a a p~n+it wW MORTGI?GOitS w naiw ~nd w~ it at aey par~ th~r~of fa aFw pwposa, wuhout ~h«•b,r waiytnp a impsir•
tiY +~Y ~h?. U~n a ri9M w~ a by virn» of this mors9p~: and ~n tM ~wnt said MORTGAGORS sMN fa aery~ nason fait b kwp ~M wW pnn~ so
tiw..d o. f,n +e d.iw« aa*wb +~r of s.~d ~sd.s of ~x.~+c. ~o~s.b ~TGncE~, a fati p~anpth b wr fi+~h +~w w«~i~,m rh«~fa o? in ~ny
e~tp~r fail a qrlornl, dbdwp~, ex~a+t~. .NM. eompl~t~. eoniph? wUh and abkN by ti~ aoven~eN, « any psrl lww1. uid MORTt3AGEE ~r pl~a and
pqr fa wd MwrM+a a«+q part th~r~of wNAow w~hrMp or ~ff~ctinp +np aWion. Ik~. pvib, w?ipM urwlM a by vinw of Mb Mappe. and tM
fiiU ~M of sach M+d wMy wcb p~ynrm sMll b~ ier~edi~t~ly dw eid p~y~ ~nd sAall bw intu~q from tM da~ tiwnof untU pald a1 Ih~ raN ol
Nry pp c~r~rum p~r arw,w~ and rop.~M. with wd~ Mterest shall ucw~d by th~ liu~ of tAh morpap~.
1. 1o p~rmi~. aommit or wffw no wat~ Mnpiirm~m w detaior~tioo of said p~op~rty a any put tl~wf. -
S. To pay all snd sinpular tM oost~, dw~s snd ~xp«aea, includinp • na~arbM ~~a~ey'~ fw ~nd w~h of absbac~s d titN. MKwnd a paW M
+~r tinw b~r s~id MORTGAGEE. b~c+uw a in tir ~wM of ti» (ailw~ on tM put of tM s+id MORTGAGOR w dulY. P~~1+~M +~d fi+W W?forn~, daclwp~?
•x~cvt~. ~fhd. aanPINR, complY with and ab~d~ bp ~ach ~nd every th~ stipul~tiora. ~pn«r~aM~„ ea~ditio~q„ and oowi+anp of aid pom:uwy nob and th4 r
~ aely OI ~it~fN. Al1d Nif~ OO~b. C~li~~f Ond ~xplM~f, Nth Md IvNy. tlMl) b! kMfN~idlly dW N1d p~Y~l W~Nthp Ot flOt thNf ~ nOtitA d? i
m«~d, •nKnpt w coll~a « wn pendmp: .nd t!w tul! anwunt of e~ch and w~ry wch paym~m ~I+.11 b.a? tnlN.s? tron+ tA~ daN N»nd ~wap pNd tl th~
rah of nins per uMum qr ~nnuny and all said ootn, cMry~s and ~xp~nsp inwrr~d or paid, lopttha with wch intvat, ~ha4 b~ Mcw~d b~? th~ li~e of thi~
^~q+~
6. 1'hat in th~ w~nt of any bnach of this Mortype or d~fault on iFr pw of th~ MORTG/?GOR. a(b) tn tM wMt ~r of aid wnN of mon~y
Mrein r~f~.nd w b~ not pranptip u?d fuly psid wirhin ~h'vty Cd01 d~ys nea~ aftK ~M s«ne Nva~ty b~com~ dw snd Wrsblt. wNlwe~ d~m~nd or ~olia.
or W In tM ~v~m ~ad~ ~nd wKy tM s~ipvlatar~,. +prNnw?ts. oor?diriais and cov~nants of said prania~ory not~ and ~his nwrqp~ any w~i1Mr an nol
~Y. P~P~~r and fuliy pa.famed d~scharped, ~xew~~d, ~ffect~d. canpl~ted. oo+npli~d with and ~bidad by. tMn in atMt or ary~ wd~ ~wM tM wid +a
preyaN swe m~ntionsJ tn said pom~ssory note tMe ~smaininp ur~p~id. with in~enst swwd, aod ~tl montys tacw~d lareby. shall b~oonr dw and pay~
abl~ forthwitlw, a tMrsaftN, at th~ option of said MORTGAGEE, as ivlly ~rd compl~f~ly ~s it ~II of the said sunr of mon~r vwr~ ppin~lly atipulat+d
ro b~ psi~d on wd~ daY. +nY~hinp in sa~d promissory ~wts w in rhb Morroaye ro rM cororary norwj~M~.nd~ny: aed Hw~u~we a ther~aft~. ~f d+~ option of
wid MORTGAGEE, witFaut not~u or dNnand, suit a~ law a in puity, th.reF«. or N?.r.~h.r ~w,, ~.r a ao..u,r.a if dl nw~ys s~cw~d h~nby
Aad ma~wed priw ro in instituriw~.
7. ihM 4+ ~I» wem that ~t ri~ beyinning o# or ~t ~y t~ pendinp ~ny ~uit vpon thia Mat~, a to fonclw~ h, a w nfonn N, w to ~r?faa
p~ymaM of aMr daims hsrewder. sald MORTGJIGEE shall apply to tM Coun Mvinp jurisdiction tMnof fw tM appointrn~nt of ~ R~aivK, wd~ Caxt ~haU
fortAwiM~ a~ppoirn ~ nceive~ of aald mortpaQeJ prop~rty all ~nd sinpular, includ~rq sll and ~trp~IN th~ i~own~. protiy„ issw~ ~nd hwn~p frwn wh~tw~r
wuro~ d~.iwd wch ~+d evay of whKh, M b~inp expres~ly w+den~ood, is Mreby monys~ed ~s if ~pecificaly set faM and dMUib~d in tlw preminp and
hab~ndum clau~s hereol, and wch Reo~iw+ shall Iwve a11 the broad a.~d efiactiw funct~or?s a+d pow~a io anyw~s~ a+trusted bp a Cw+rt to a R~otiv~r. ind
wch appointment shalt be n~ by wch Cowt as an sdmitted eqviy ~nd a rrwner o( ~bsolute ~ight to s~~d MORTGAGEE. and without ntNa~o~ b th~
~d~qvscy a in~de~rscy of th~ w~ve o! the prope~ty monyay~d a to the soNa+cy or insolvency of s~id MORTGAGOR w tM d~f~nd~nts„ ~nd thal such
profit~, ixan~, iswss and rewrwes ahall b~ ~pFlkd by wd~ Reuiver ~ccord:np to tM lien w puity o( said MORTGAGEE a~d tht padia af wd~
8. To duly. P~a^P~~Y snd f~lly p~rfam, dixMr~ execut~. ~ffect, comptete, cw++P1Y wi~h ~nd aWd~ by wch and twry th~ stiputatiom, a~mp~t~,
coad'itions and coveew~ts in said promis~ory nott and_ this mort9ag~ ~et tath.
9. That in the evem the ownership of the mw~9+ped Wcmises. a any p~rt t}~a?eof, becon»s ve~»d in a p~rwn otl»r thsn tlr MORTGAGOR. th~
MORTGAGEE, i~a wccsuors and sssi9i~s, may, w;ihout notice to tl+~ MORTGAOR, deal with such wassfa a wues~w in inl~nst with r~faenc~ to Nrs
mo.tpapt and ths deb~ hereby secured in tht s+m~ manner a~ with Nbrtyapor withwt k? .any w~y vitiatiig ot d'~xMr ~rp th~ Mort9~gon' I~WIitY Iwr
under or upon rF~e deM hereby secured. No s~le of ~h. premises hereM ^wrt9~yed and eo fwb~s.ana on th~ put ~ ~h~ MORTGAGEE a it~ wocesson
w~aipru and no earonsion of the ~ime'for ths payment of 1M debt. hcreby secur~d yiwn bp t!w MORTGAGEE a in wco~pors a usigin, shdl opraN
ro rsl~aa~, disdurye, nqdfp tiurge o~ ~ff~ct the aipinal liability of tht MiORTGAGOR Ix~wb ~itMt in whoh w b psrf.
10. h b specifkally a~reed ~M~ time a of th~ essenu of this oontrad and that no wsiva of ~ny obliparion henundn p of M» oblipation n.
wnd hereby shdl at any tNr~ thereaher be held ro be a waiver of tM Nrrt?s he?~of w of tM ir?strument s~cwed herby.
11. In add~~ion ro?he fwago:~g momhlr paymenn of princ:p.t x~d iMerest required by tF~e p~omissory note aecw~d hereby, mortyapor eov~naMs
and ~ees w pay w mortgsgee wirt? each mwnMY PsYment an add~rion~l w~n esrimated bY ^wrW+9k w 6s eqwl to 1/12 of the anrwal cost of th~ fdbw-
ing:
A-All real property ts~es kvied or assessed agai~st the above destcibcd real esute.
. B-Premiums on fire and windstorm iawrance ss hsrein reQu;red ro be urried on Ihe improvemenb sitwt~ an'tM sbove desv'bed p~emnes.
C-Premiwns on such rt+ortgage gwranfy insurar~ce. as rtwrtgsgee sha11 irom t~me to time dfem fit fo urry o~ fhe ban seryred htrsby.
Ntorpagee shall froen tmne to time notify mortgagor in writing of the amount dve a~+d payabk here~nder and such sum tMll ther~upon b~ du~ ~nd
P+Y~ble on the dw date of the next monthlY WYment and each succeuive mmth thsreafte~ unfil mortp~pee shall notify mortyapor of ~ charg~ in wd~
amount. Sucfi sums shall be applied by mortgapee toward the payment of real p~operty taxes, Imur~nce prem~wns, and mort~s~ puaraMy in~w~nq
i p~wna~ns. .
f
f IN WIiNESS WHEREOF. the said 1NORTGAGOR has hereunto sst his hand and seal tha d~r uid year first aforssaid.
I
i Siprwd, Ssald ~nd delirer~d in 1h~ psesenc~ of:
~~.~,_~v( X - ~~c,~-~a-L~..~..a
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SiATE OF IDA ~ ~
~a,~ ~ St. Lucie u-
b~fore rew psnonslly appsared '?rn r~ ~ t' R~ ~].1,8 I'.5,~ . and
N' 8 r y a. jf i l la rd ,,,,~r~, ro m. w.n kno~m .na t~own ,o n,~ w b.
tM in~vidwls described in and who e:ecuted th~ fa iiutrumsM, ud ~du~ow
~ eyoirg +s tedped beforo me that they e~uart~d the sam~ fw th~ pv~posa
ft+e,ei;, .,cp,est~d. A,,,d the ,,;d ~a ry A. ~ i I la rd
,,,,;r. N~a Frne s t B. H i l la rd
~ . ..P...a .~d P.wa.
exeninstan bp rrw taic~n sep~rate ~nd apart from he~ said husb~nd. +dv~orvl~dQsd to and b~fa~ m~ that ~M eaacvted said inatnxnent fr~ly and voMNr
ts.ilr and wEtFa~t u~y compv{sion, constraint, apprchension, or fear of or from Mr said husband.
WRNESS mp hard and afficial ~eal th~ o~' d~y of A U~Q S t 76
. /1. D. 19~J.~
e
~ ' '
~ Notary k in and for the StaM of Hwid~ at L~rp~
My ' ia? sxpir~s:
R~fixn Ta f LEO AND RECp!1DE_q ~~~~I~
~ Fi.st f.d.rd s+vinps t lo,n A.wciatan S~. LUCIE COUIITY fLA. . ~
f os F~ Pe~ce_ ROCERP0ITRAE r~,, e.~.,: `i, i:»
Fwr ?~erce, Fb?~da OIERK CtRCU1T CO b~....:_~! zy !_::_r::,:.:,F:re Cw~u:Jty GI~?
~ RECORO VER~FIEO
~ Sa 3 3 ~i PM'~6 . _ : s
~ This Instrument Prepared By Cary 'r'. E111,1aod
4 First Federa) Savings E~ loan~~ ~ t on ;`:x~y.~ ~.r;0. .
~ ot Fort Pierce :'lOr~c~B :'~J,~
: ~,-*~G,. s
~ ~d, . 3444~.9 ~r<~~~m~~~~
g Checked By '~,'"~.lp~M~:.~
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