HomeMy WebLinkAbout0550 To plaa ~nd con~inuowhr i~p on 11» bulldi~ now ar h~~af~ ~ihr+a a? aid land ~nd m aU puFpn»nl ~nd pM~on~lb aovK~d b~l MM +~wrq~
r~. with aU pnmiw~u IMr~on paid In tvt4 fin i~uww~u in tM u~wl ua~dard polky (wn~, in a wm +Pp~ov~d b1? tM MORTG/1GEE. r+d wind~tonN
•~Mrurana in ~M wwl pandud policy fwrq, in • wm +pprowd br th~ MORTGAGfE. In wd? temP~nY ~ oo~p~ni~ w th~ MORiG~A~iEE wal?
~nd aU f{n and wind~Wra~ N+swsna Pdki~s o~ any o( saN b~+~~d~ MV InNnN tlyrNn w pKt tMnol. b tiw spp~p~t~ wn~ aknMN or
~i~oo~ tMr~of. ~hdl com~in tl+~ wu~l aa+dard narqpM clw~ a wd~ ahrr ci~ ~a d~ Morpa~ rnar rpuih,, nMkMq tM laa w~d~r Mid PoiF
dw .•d~ and w.ry. ar+b~. w.aid t~ORTGAaEE as iu i~.W ro+r y~Pw. and ..ch and w.~~? wd+ Pouc~? s1~U b~ vra~Wh •a+~n.d ~nd ddiwnd a _
an~? Mld by s+id MOrtTGAGEE a funl~ secwiry ro s~id n+atpa~ d~bt. ~nd, eol I~+t tlwe~ t~n l10) days in ~dvana of tM ~xptr~tfon of NcA polky. b df
ilw~? 1o NW MORTGA(3fE ~ r~new~t tMreof, ~op~tlw wMh • e~eip~ fot tM ptwntwn of wch ~~new~l= a~d thK~ ~h+il b~ no fih a w1nd~~wm taw~u
pl~! on any of Nid bvii~nps. ~tW inttnq tM~Ne~ o? put Nwt~ol. unbss M IIM torm atid witl~ th~ los~ p~r~bb a afwNNd! ~nd N th~ twiM any wn~
~~~»Y ~~M P+Ya6h w+d~? wch polic~r o~ policiN uW MWRT(iI1GEE ~11 haw tt» option w nc~iw +nd apply tF» s~ on aooow+t d tM ind~bt~d
Ma s~cw~d Mnby a a pumN wid AIIORTGAGORS ro rwiw ~nd uw b a~nf? a~n ~h.reof fo. aha pwDON~, wUtw~A tMr~bt waivMq a imp+M-
~ any pu~ty, I~n a ~iQM under or by vfrtw of ~h4 mort~pes a~d M th~ ~w++~ aid MOR7GAGORS ~MII fa anp nawn f+U w ks~p tM wW pwniw~ w
a faN b d~ltvK P?on+Mh? ~nY of ~+1d PuliNe~ of knv.~na b' ~+id MORTGI?GEE. a fa~ ~~h b ar t„iw ~ey p~iwn ~h~nfa a M~r
n~p~ct bil b pNforn+. disd+~rq~. ~x~cvt~. ~ff~H. compkt~.~P~l whh ~nd abiiM by Mit cawnant, or anr part lwrwf, Nid MORTGAGEE m+y pbo~ +nd
WY kt wch kawanc~ a any p~rf thKSO1 withoW wahrinp or aif~cfir~p anp optbn~ ~i~n, pu1~p. a tipM undM ot br vlAw o! thN Mor1~a~. and tM
1uN an+ount of Mch and twrN wch P+Ym~M slwll be immsdlstslY dw arid pyaW~ and sMll b~ar YM~rat hom th~ d~q Miuwf untN p~id N tl~ ~aN ol
nlrN pu c~ntum pK ~newim ~+d top~ther with wtA intt~at s1+aU b~ s~cw~d br tM Ua~ of th4 mortppe. .
4. To p~rmit, aoimdt or wffer eo wut~. impakm~nt a d~tuiontlon oi s~W propKty a aoy pwt th~r~oi.
S. To p~y all and ~Gqulw tM eoaq. d~+rpN +nd ~xP~n~e~, Inelud~^0 • n+fo~+~bM •nore~s f» ~nd ofwy pf ~bNraels of tiN~. M+arhd w pNd ~t
any tirM by uW 1WORTGAGEE. b~c~vw w M tlr wMt of tiN ~dlw~ on 1M parf d 1M 1~Id MORT<iAGOR W dulr. Pro"'pd1? Md f~l~1t O~oc~ d~KFwp1y
.:.n,t., •fhd. oompl~h, aomply w~d, and •Wd. by sach a?d w.ry th~ itipubtiora. ~pn.m~nts. oadition~, and aovw~arus of ujd prom~aw~r nol~ «w! thf~
tps .n~, o. ~l~n«, .nd ..d oosn. cM.ya .na .xpau... ..a~ .na .v..y. .r~.n b. w~wn.di.aly a~,. «+a p.r.bl.t «,~,.tln. a na M... b. ea+c. d.~
mand i~t?emPt to eolbct w wit p~ndi~gj ~nd thr fuM ~na~nt M ~ch ~nd wuY ~ WY~++M~ shall b~ IM~r~at fean th~ dat~ th~nof w~M patd ~t Ny
raN o( nirN p~r osntum pu «+~wm: and all ~a+d ooan. charpss and ~xp~nws inwrt~d w pa1d. topNhK with wch inarMb ~hd) bt s~cund by tM IiN1 d thit
'nortp+y~• ' -
6. TMt (a in t!w ~wm of any bnaeh of this Morty~pe w d~fwh oe~ th~ put of tM MQRTGI?GOR, o? (b) in tM w~M ae?y of aaid wm~ of nwe~y
lwr~in nh.nd w b~ not promptly ~nd lvlty paid wi~hin th~?ty (30) d~ys M:t aita tM sa~ ww?~Ilp bca~e du~ ~nd WY+bb. wNhoul dMmnd a notia,
o. W in dr w~m c~d? aod ~vary ~M aipvb~ioM. pr~«naNS. caditiom and aov~+na d ~a~d pani~w~Y ooa ~nd tM ma4~ ~ny a~iMwr an eol
iuty, ptomptly ~nd fvlly pafwm~d, di~Aup~d, ~x~cvt~d, ~ffact~d, compl~hd, ton~d wilh wd abidrd dy, tMn in sitl~ o~ ~ wd~ ~w~M tht wW aP
prpab wm mantioned In said~omisso~y oot~ tl+e~ ramaininp ~?nP+id. with int~r~t~ aarwd. ~nd sU mon~ys s~wr~d Mnby. slwll Maonr du~ and W1i'
ab!~ forthwith, w th~reahe., ~t rM opeion of s~id MORTGAGEE. ~s fv{ly n+d compb~~ly as if sll of t!» w~d wms of moMy w~n wpimllr stipulated ~
ro b~ pi;d oe wd~ day, anythinp in said promnsory ~a» w in ~hb lYlwrp~0e ~o tM convuy eonaitlutandinp~ and tAawpo~ a the~e~har at tM optia+ o~
~aid MORTGAGEE. witF~out norio~ a d~m+nd, wit af law a tn ~quity. tl~~fw~ w th~r~afta bpun, mar b~ proa~cut~d u if ~11 ~noet~?~ MnK~d h~nby
had eMfWld prio? to in iMlitution. . .
Th~t in N» w~nt that at tM b~pioninp of or ~1 any tim~ p~ndinp ae~y wit vpon this Matpp~. o~ 16 MndoM If, or to rtlorn~ ~1. o? 10 ~nfo?a~
D+Y~M of s~+p d+Mm iwrevode~, s~id MORTGAGEE sh+tl ~ppty to tM Court iwvinp jwisdictan eher~of fa th~ ~ppointwwnt ef Mr~ Cowt s!»N
Fwthwith ~ppoiM a receiwr of saW mortyspeJ prop~?ty ail and sinpvlu. includmp atl and sirpular ~h~ M~oa~w ptofib. twu~s +nd nv~rwNS fraw wM~wM
souru duiwd. ~ach a~d w~ry of which, h beinp ~xp~ess~Y unders~ood, is hereby mo.t~aped a if ~pacJiullY ~et fonh and d~wfb~d ia tlr Onntlnq +^d
ach ;
hab~ndwn da~s herwf. N+d s~xh Rec~iva shall h~w dl tl+~ b?osd u~d 'effattiv~ fvnct:oru ~nd pow~n h? uhrwi~ aurust~d b'1? a Cowt !o a R~o~iva, and ~
:uch appolntma+t sh~fl bs mad~ by such Court a an ~dmitted pvity and ~ m+nK of absdute rght w said MORTGAGEE, and withoul ntK~na b th~ j
edequacp a in~d~quacr of tFw valw of t!r property morty+~sd a to the solv~y a insotvency o1 s~id AAORTGAGpR a t!w d~f~nd~nts, ~nd Ilwt wd~
rents, ptotfts, incpn~, iuws and rwemws sh~ll b~ appli~d by sucb Reteiwr ~otordinp to tlK lian ot puity of wid MORTGAGEE ~nd th~ praetiq d tutl~
CouA.
S. To chrly. Won+Ptly ~e+d fuly p~fam, d'achuq~. extcut~, effM. compl~te, oo^Y~IY with ~nd abid~ bp ~ch and ~wry tl~e atipulation~. ~pn~e~nb„
conditiona and coven~nn in asid pron+issory ~o~e and tha mortgs~e at forth.
9. That in fhe event the ownerahip of rM mo.tysped premises, a any pu~ thereof, becom~a wstd tn s pason othsr th~n th~ MflRTGI?C~OR, tlr
MORTGAGEE. ib succsasors ~nd ~uiyns. may, withow rotic~ to the MORTGApR. deal with ~uch successa or a~ccasw i~ int~rat wlth nfa~no~ b fhis
moctyap~ u~d tMe dcb~ tKreby secured in tM sams manr~ as with Mortyapo? withovl in ~Mr way vitiatinp or d'ach+rpkp th~ AAortpspas' Ii+bililp 1»n-
under or upon the debt Fxreby iecwed. No s~f~ of tM premises hereby mwtpsp~d and no fwb~~+u on th~ psrl o( th~ MORTGAGEE or Ms wcaason
w~uipro ~nd no extension of the time ior tM p~yment of th~ debt her~by secwed yivtn bp tM N1QR~GAGEE w Hs wcps~ors p a}sipn{, ~MJI ops~aN .
to r~k~e. diKMrW rnodify chag~ w~ffeet th~ oripinal H~bilAy of tAr MARTGAGOR hsreM4'~iMMi I~ whoM a tn prt. . . ,
10. k ts ~p~cil'ically apn~d ~IW f6ne h- oi 1}w enM+o~ of this oaMncl and that no w~ivir ot any oblipdia+ Mr«~N? w Of fM abliONion N~: `
cw~d !»r~bY shall at any timt thereaher b~ held fo 6a a wairer of the tarms henof w of the instrurrwot s~tund hwby.
i l. In add~tion to the twego:ng mw,rh~r P+y~+~~s of P.~~.c-Pa1 .~,d intere~f required by the p~omissory noN setwed hstsby. mott~pot cOv~a+~ants
and aprees w p~y w mort~agee w~~k each mo~mhlY P+Yrnent an ~KoMI wm estimsted bY mart~age~ to b~ sqwl to 1/M af tM anrws) oo~t of th~ folbw-
ing: _ .
/1-Atl rN~ p~~~Y taxes levied a assessed. ~ai~st the . abow desaibed nal ~sutR . •
b-Prernivms on ii~e ar~d windstorm insuance fs herein reqvired fo be urried on tf~e improvem~?b situat~ on ihe ~bov~ d~scr~ed pr~mit~t.
C-Promiwns on svch morts~pe pwranty 'wuvance as mortgapee sMll fran t~me ro time .deex+ fit to urry oA ths fo~ aaaxd l~~i.
Mwt~age~ shs11 from ri~n~ to time.no~ify mony~gw in writirg o/ tM anoix+~ dw ud payaM~ h~reund~r ~nd wcb wm al+d! tM*~u~pon M dw and
k payabk on the due dafe of the next mo~thiy p~yme~ ~rsd eath successivs monlh theresfter vofil matq+pee shsll notifp morlyaQw of • tl~anp~ in auch
; amount. Such sums shsll be +pplied by mwtsapee toward the payment of reai property taxes, irounrKe prem:wns, and mortyay~ puKanty YMUrar~q
I premiwns. ~
~ IN W NESS WHEREOf. the taid RTG hKevnb tef his hand and sral !he day and y~ar first ~forpaid. ~ .
S~al~d pr ~ 0'
• ' ~s..A
~11
STATE Of fLORIDA ~
St . Lucie ~
cour~rtr oF
~ae ~ ~~~~y ~ Oner D. Mainville ~
C 1 a~
r
e L. M ai t~v i 11 e h~ W;fe, to n,~ w~l) know„ ,ed krww~, m. fo b.
rhe u,aivid~,.b dacribea in .r,a who C~Kai r e L
M~
nv 111 e ~ror. m. N,.r ~h.~? .x.w+.d wn. fo. d+. purpoN.
thersin expreskd. Md the ss'~ -
w;~. of t~„ „~d Oner D. Mainville „pa, ,,.p,,.,. a,d p,F,~t.
e:unin~tion by ms tsken sepant~ and ~put fi«n her wid husb++d, acknowt«ly~d ro and b~fw~ nw M~t sAs ~xswqd s~W 4atrvrrKet frNly ~nd voiuo-
tu~ly and w~thovt any compulsion, cwutraint, appreF~/~awn, f~ar of or from Mr uid twsbu~d.
WITNESS my hsnd ~nd official se~l this ~•J~ day of " A. D. 19~~
~ Notary Public in the t~ of Fbrid~ N L~r~
My Coerniuion ~ eu
Retum To:
fiM F~de~~l Savirgs losn Associatio~
Of Fwr P~e~ce. p11611C, STq'[F d~~
Fort Pierce. Florida ~ ~.,:;.'i EXPIRES JAN. 7. 1977i , .
. ~IY CU~~1~4 r`: ,
' a~~ ~j •,ti,.c...an t~AY~if ~ ~.it:~s+a,'.~. , ' -
~~K11ii1!lyy~~ ,
Gar F. Sllwood a3-44~ 8 c~' ~N s.~ y~ .
This Instrument Prepared By Y ~ : J~''~~~~''• 4
~ ~ 0 : ~ .
First Federo) Savings d~ loanA~oc iat~on i_~ ~
. ~ ~ ,~T F : ~ s,; -
. of Fert Pierce, r 1 o r i d a L~D AMp !l[~ORf~EO • 4`:
{1CIE COONrf LA. ; R-_ . - .
OCER POITRA: ~ ~5:= ; ~ ~ ~
Checked By ' - CIERR ~C;~CU1j a0 T ~ Q~tr 4 ~
RECOROVERIFIEO f,~db~.~~,.~.~~~~`."~ ,
~ ~7 PAGF 5~ ~ iT~I[F
~o0x - ,S~t 09 AM ~b . ~w~u~?~+~+
- - ~ , ~