HomeMy WebLinkAbout0891 S. To pi~a a~d canrkwoualy kNp on tM 6uildinp~ now or MMNNN WWN OB Nid IMd N1d 011 aIi pY1PmtM M1d ~Mlpylly ~O~W~~ ~ 1III~ 111pt1r i~
p~ wuh ~11 p~miwM ~ha~a? pa~d ~n fvll, (in Muwana b~ th~ uswl p~nd~rd pol~y fonn, N~ swe ~pprowd by tM I~AORiG/WEE. Md wrind~wr~ ,
'irow~rw~ in ~M wwl uMdwd policy lam. in ~~wn ~pprowd br th~ MORTGAGEE, N w~d~ oa~PM?Y w ooe~P+ni~s M tlN NIORiGAGEt ~wa~? }
dk~ct~ ard ~11 ik~ ~nd wind~wn~ ?n.~c~e~a P~~ an a?y of ~i bupd~„ arM? i~w~~sl ti+MNn a p~rt tl~r.~„1~ in Nw apprp~N auwi ~fa~wW p }
In ~+~aa tAMwf. fhall aonuin ~M wwl a«,dard ma?qpN clwa a wch alw dww w ~M MonY+~ ~^~t? ~pu~~ ~~ro d» !ow w+dM wid po1E 9
cia. ~ad~ ~d wuY. WYabl~ a Nid MORTGAGEE a iq inta~af m~y +ppw. a~d ~ach w~d way wd~ po~icY ~1 b~ W~^ph and d~liwr~d ~o t
~nr h~ld bp s~id MORTGAGEE ~s furthK security to saW mort~ap~ d~W. a~+d. 110i ItM tI1M 1M (10) d~ya b~dvar~ ot ~h~ ~apir~fion of ~ach policy. M d?
Ilwr 1o s+id NWRTGAGEE • nnew~l the~wf. top~dw whA ~ nplpl ta 1M pnn+iwn ot wcb r~wall and tha~ shall b~ ~+o fin w windstorm tMwMa
pl~pd oa M+y of wW buiWG+ps. ~Mr intKeq tl?K~in a pu~ tM~wi, u~la~ in tM iam and wfth ~M Iw~ pnr~bb w~fo~~idi and b iM ~wiN ~ wM
of n+w»y b+ca~»a payaW~ w?der wch poticy a policia ~+id MORtGAGEE ~half Mw ~M op~ioe ro ~~aiw urd ~pplr tM ~w~w on aooowu d th~ MMMM~ s
mas s~cw~d h~r~ a to peanit s~W MORTGAGORS to reniw ~nd u» if a aoy parl ~iwrwf ta othN pwpa~, wi~hout thw~by waivinq ot Mrytaif
Inp any pvity. li~n w ryh~ ~rnd~r a br v4tw o! this matpp~j and in tM ~wn~ a+~d MORTGAGOitS sh+tl Fa an~r nawn iaq a kNp dw wW pr~ w
: r Insw~d. a fNl 1o d~livN P~a^P~~Y ~r~y of said polici~s Of i~nv?ant~ b saW MOR?t3/1GEE. w 1a11 promP~~Y ~ WY ~+~~Y MY P~~ thNtfor p In Y~
rMpat fail to palam, dhcMrq~. ~xscur~, ~ft~ct. comPbt~, comP1Y witA and abid~ by Mb oov~n~, a~?y pn~ Mr~of. ~aW MORTCsAGEE wry pl+a +nd `
WY (a wd? imwanc~ w~ny part tMrwl wt~ho~t waivi~q a afi~tttnp ~np cWfon, IMn. ~9~ib. a ripht undM a by vtrtw of M~h N~aqpe, ~nd tA~ ~
fvll amow+l of sach ~nd w~ry such p~ym~M sMtl be iewmdi~tel~ dw a~d py~bl~ ~nd ~11 b~ar htut~l hom tM dat~ th~rwf unfil paid ~t th~ rat~ d
n1~e pN t~ntum pM ~ruwm ~nd toyethe? with wth inttre~t ~hal) b~ satund by th~ IiM of tlik mwt~~.
4. To p~rmit, aortueJt or wffer no waiN, imp+kmtm or deqrior~rion of aid propKry a aMr pwt tMrwf.
S. To pay all ~nd sinpvlar th~ cosls. tlw'pN ~nd ~xp~nsN„ inclvdinp ~ r~qorwbb ~norn~s i~ ~nd aosq d~bw+cb of thb, krcwr~d ot pald ar i•
~ny tlm~ by said MORiGAGfE, b~cauw a in ~M wMt of tM i~ilur~ on ~h~ part d~M aid MORTG/~GOR to dvhr. promp~r .nd fi+~h? P~~. ~ro~?
•xeait~. ~ff~d. c~ompkn. compy w~th aod ~bid~ bp ~+ch and ~wry th~ stipulatia?s, apr~a~enn~ c
o n ditlon~, a n d ouwna?» o
f u i d promi~wry ~ a n d t
N ~
rnorpp~ any or ~itM?. ~od said oosts. cMry~s and ~xpNa~s, ead+ u~d swry. sMll b~ Mnm~di~tefy dw snd p+yablt~ wMtMr a no1 tMr~ b~ notiot de f_
m~nd. ~ttunpt ro cdbct a wit p~nd~np~ ~nd tM futl ~movnt of' ~ Md wery wch paYmN+t shall bMr Int~rat fron? tM d~1~ tMnof unNl p~fd at tM
rst~ of ni~ p~r untvm pN amum; and dl srid oosq, char~a ~nd ~xpM+wa Mwrnd a pasd, wpNlw~ with svth in~rtsL ~h+ll b~ Ncw~d b~? fir Wa of Ihi~
mo~t~p~.
6. That (s) M th~ eaeM.of any M~ach of Nds 1Morty~ a defavlt on th~ paet of tM MORTGJIGOR. a(b) in the ~wM any of uid wnr of nwn~y .
Mnln nf~rrod b b~ not prortiptly and f~lly paid wilhin thi?tr (30) days next ~fter tM ~ur~ s~vNalyr bsconN dw ud payabk withoul dwn~nd a noticw
o+ (d fn tM ~wnf sach uwl ~wry the ~ripul.tiora. +w~m~nts. opnditions ~nd cownMn of s~id p~omiaory not~ ~nd N~s mortpa~ +nY a~itlwr ~n ea
iuN, prompUp aod fv11y pKfwm~d, disclw~d. ~x~urr~d, ~ffecwd, oompt~ted, canpli~d wi~h ~nd ~bided 4y. tiNn in Mhu or am wd~ ~wm tMr s~id aQ
pre~at~ avm mentioned in said ~omiuory raq then nma7~irg unpaid. with iro~res~ accrwd. Ms! all mo~ey~ ~cund henby, sh~ll b~ooim dw and p~y~
•bl~ fwthwith, a tMr~sfte~, at the opran of said MORTGAGEE, u f~lly aed completely u il ~11 of tM wid wms of moewr wt~~ aipin~lly uipvlaMd
to be paid on wd+ day, a~ythi:+g in said p.omiuory noh or i~ this Mwty~ to tM contrary notwithstu~di~p: and t1+KNrpon w 1F~seuha at tM op~ian oi
s~ld AhORTOAGEE, witiw~t nonc. a d~mand, wit ~t law or in puity, thc~~iw~ a thsrNhe. beyvn, m+y be p~w~cufed as if ~II mon~ys s~cw~d Mnby
had m~tw~d p.ia ro in insnwtio~. .
7. i1+a1 In tM ~vant that at th~ bepinning of a at any tien~ pe~+dlnp ury wit vpon ~ha Mortpape, or to foreelos~ it, w to nfonn N, o? fo Mfora
paym~eq o} u~y claima here~~der, s~id N10RTGAGEE ~h+Il app!y to fhe Covn I+.~i?g jur~sd~nan ~h.rsof for ~M •ppoMan.nr oi • R.oe:w.. wch Courf ~H
forthwith ~ppoiM s?eaiwr of sald mortpag~d p?op~+ty all ~d ifrgvlu. includuq ~11 ~nd sinyular the incomR, prolin. iafwa and r~wnws fron~ wlwttva
sowa dKiwd. ~ach +~d ~very of whKh, N b~inp ~xpr~ssly und~ri~ood. is h~r~by mortyaged as if speci(iully sN tonh ~nd dawriE~d b Nr pr~tin0 and
Mb~nd~xo c4w~s hereof, and such Reuiv~r shall have ~II tM bwd ~nd ~fi~crive funct~ans ad pow~rs h ~nywis~ emrutt~d by a Court fo a R~ceivN, u+d
such ~ppointm~nt shall be mad~ by such Cawt ~s a~ admined equity and a msner oi absoluts ripht to wid MORTGACEE, ai0 withovl nfK~e~oe to th~
~d~qv~cy w inad~quacy of th~ v~lw of tlr propKty mwtyaped o~ to tiK wlvency a iosol~~nqr ot s~id MpRTGAGOR or th~ d~f~m~„ r+d that wd~
renh„ profits, incam, issws and r~venws ~II b~ ~pptied by svch Receiva ~aordinp to tt» lien w p~ity o( said MORTGACsEE ~nd ~M practia of wtl~
Caxt. .
8. To duly. promptly and fully pe~fo.m. dischar~, execvte. effect, mmpkte, complY with and ~bid~ by each and ~vKy tM sti~wtata% apn~rnNqt„
conditam snd covcnann ~n said promisso~y not~ arK! th~s mortgsye set forth.
9. ihat ie the event the ownenh~p of the mortgaqed premises. w~ny put thereof, bccarws ve~ted k~ • penon otMr th~n tM MORTGI?GOR, th~
MORTGAGEE, its wcuswn and usigns, may, withou~ rrotic~ to the MORTGAOR, de+l with such suaessa o~ successor in int~~st with r~fer~na to tNt
mort~ape and tM debt hereDy tetured in the same manner u with Mo?tg~gw without in ~ny way vitiNiny or d:ttharp'rg th~ Mortyapots' liability hNr
under w upon tht debt hereby securad. No sak o1 tM premises hereby mo~tgay~d and no fubear~not on fM part o~ Ihe MORTGAGEE w its wa~sson
or ~uiyra snd no e:te~sion of ~he time fw the p~ymem of the dcb~ hereby secvred y'cwn by Uw MORTGAGEE or its wcaswrs or asi~pm„ sh~lt opaaN
~o nlta~e. disthrrq~, ~nodiffi tlun~ ot affact th~ otipinal IiabiGty Of Ihs 1MORTGAGOR hanwy N11Mr-In•whob a In prt. ,
10. h is spsc~fiutly apr~ed that t4ne a of the essenoe d tha contwct ~nd that no waiwr oi ~ny oblya~ion IwrwiKlv qr o~• 1M obliyatios ~e- •
cvred Mreby ihall ~t any t4+?~ there~fter bt held to be ~ w~ivar of the terms hnwf w O~ tF~ iratrvm~ot secvrd Mrby.
11. In add~Yan to tF+e (w~o:ng monti?IY paYmenh of pirK psl snd i~tnest reqvir~d by th~ promistwy noM secvred herebY. ~mOrty~yo~ oov~eMs
snd prees b pay b mortpagse rkith esch monthlr payment an adduiwyl swn eslimated by mort~~e~ to b~ eqwl b 1/12 of Mr arwwal cast of fiw fdbw-
A-All rcal property tsxes kvied o~ assessed agains~ the above dewibed real estate.
B-Premiurns on fire and wincistotm insurance as herein requ~red to be urried on tix improvements sitwts on the sbmr! destribed p~emiMS.
C-Premiums an such rnalgaq~ gwr~nty inwr~oe n mortgsge~ shaN (rom time to time dcem fiq tp orry on tiw loan s~wed h~r~by.
Morty~gee sball from ~ime to tim~ nw~fy rnortyayw. in wr~ting of tM a~novm due ~nd payable harew~der and tucA wm sF~all .tfweupon b~ due and
paysbk on the due date of the next montF~ly payment ~nd each succetsive month thereifler until moH9~pee ~hall notify mortqapw'of • ch~np~ in axh
ar.~ount. Such sums ahall be applied by mortga9ee toward th~ paymem of real property taxes, i~uuranct pem:um~, and mort9s~ pwranfy ~+sunnc~
M~• ,
IN WITNF55 WHEREOF, the said MORTGAGOR has hereunto sN his hand and sesl tiN day u~d yNr Prsf ~foresaid.
Sipned, Seabd and deliwred In th~ prestnct of: ~V O_s,t~
.~~/9~
t_ ~
; ~ , n
~ ~
i
~ STATE Of fLORIDA ~
St. Lucie ~ ~ _ _ _ _ _ _
COUNTY Of
~ 8ef«e a,~ pe„an,~~Y ,pp,,,ed Clare~nee S. Smart ,,,d
~ Mary 8. Smart h;. ,,,,N~, to n» w~t~ wwwn .na wwwn w m. to b.
I the individwls d~wibed in and who executed tt~a fwepoing iosu~wn~nt. ~rd acknowledped b~for~ me that thty ~n~tut~d tM ~arnt far tht purpows
[
~ rher.in .xpr.u.a. And rhe said_ Marv B. Smart
Clarence S. Smart
§ W~te of rh. ..id ~on . ..p..,~. .na P.ww
~ eaunin~tion by me esken separstQ and apart from M~ s~id hu~band. ~dcnowkd~ed to and befoA mt that sh~ ~xscuhd aid Irotrvre~snf h~ely ~nd voM~
~ rarily ~nd withovt any compvtsion, constra~nt, ~pprehens' feu of or from hsr ~aidsjw~
~ WITNESS my Mrd ~nd officiul seal thi d~Y ~ ep ember ~ p. 19 76
r
F
f
~
; Nw•ry Public «,d for. Sf.t. of Fiorida a L.rp.
~ MY Canmisi ~~cpkeN
i Re1um Ta:
~ fint feder~l Savi~s i loan Associat~«? NOTAitY VIl~'CIC, STATE d FLORI~A at LARGE n~
~ Of Fwt P~erce. UtY CObli~i?S:iiGH El(PIRES lAN. 7. 19A ~Q 1
Fort Pierce. Florida @~p ~ N~'~~ ~i ~ ~r . '
; . .
~tlll :1tH1f~!
~ ~co~~''$.~ 7~..
l `
~ G ~~lat ~jli
This Instrument Prepared By Gary F. Sllwood .t ` '~-y
First Federot Savings ~ Loan Association i~~
~_~.~.;:d.ti,' s r
of Fort Pierce , Florida ~ ~s ~ ~ ~
~ ~ t
A s . - 0 ` L-~' ~
( • ' ~ ~v`'4~~'`.~y'' h ~'~+F
Checked BY . s ~ : ,
~ Ea ~ - e~ •~~~t~- o
~ ItEC~RD ~?ER~f I ~ : '7 ~ t~'
0 R . ~ ~~~~~i~~~~~
j~ .
~ BooK 257 P~~ 887' ~ i~r u~M z~~ -
~ -