HomeMy WebLinkAbout0101 To pba ~ed continuously kNp on ~h~ buiWinps now a Mnaft~ stfi+~N on uid lard Md on dl equtprn~~t ~nd p~rwndly aov~r~d bY thb n~o?tp~
p~, with dl pt~miwns ther~oe~ p+id in fuil. fu~ i~wr~ncs in tM uswl ~~Md~rd poiky tomb N a~un? ~prowd by tM MOR~GAGEE. s~d wind~wnn
lmurana In ~M ~nwl s~~ndard policy fam. in ~ wn+ ~pp?owd. by ~M MORTGAOEE. in wci? oanpanY a canpw~ia as tM MORTGA<iEE mar
dincti snd all fir~ and wind~?orn~ imwana policia a? sny of ~aid buHdw~ps,. ~nr inNr~+~ fM~~in w pkt tlwr~of, In th~ p~.~y~t~ ~wn ~fort~fd a
In ~xaa tMnof. :hall cont~in tM wwl ~ta~dud mortypN davs~ a wch o~Mr dau~ a tM Map+g+~ n+~Y nq~rin• makFnp tM las w~ said poiF
cMa. ~+d~ a+d wKY. WY+bt~ ro aid MORTGJ?GEE a its N+tKCSt nn~y ~pp~~r. ~rd ~ad~ and ~ri.y s~ po~kr ah~il M pomp+y us:pn~d w~d dNiw.~d a
any Mld by ~akl MORTGAGEE a tuNhK s~cwhy ro tald matpay~ d~bt. ana. ~ot Nu tlwe Nn (1d1 diys in advana of tM ~xpk~ttoo of ~ch volicY. w s1~
liwr to said MpRiGAGEE a r~wal thuw~, w~~Mr wi~h ~ naip~ fw IM pr~miwa of wd~ nn~walj and ~h~~~ sMll b~ no fw~ a windsta~ imwaeca
r~' plaad"an any of s~id buildirgys, ~ny intKpt Mw~in a pwt tMr~oi. w+bu In dM lo~n and with tiw bu p~yabt~ u aiau~id~ ~nd M tM ~v~nt aMr swn
of rna»y b~canK payaal~ w~d~r wcl~ policy a polici~s said MORiGAGEE shal! Mw th~ option to r~v~ and appty rM ~ on +cw~nt d ~M M?d~bted~ .
-y~ npt Ncvnd henby or w pKmit Nid MORTGAGORS b naiw ~nd us~ h w any pa?t tM~sof la orher purposes, w~ihovt the~eb~ w~lving or anpair. ~
~+~Y ~9~+~b. lia~ a~ph~ a by vi?tw of tAit mortyapq and in th~ ~wat MW 1NORiCsAGOitS sh+ll ia any nawn f~tl to k~sp tM ~+id p~n+iNS w
insw~d, a fNl W d~livK promp~y ~ny oF s~id policiss qf kwwanc~ ro ~aid MORTGAGEE, a fai! promptly !o p+y fully any pr~miwn tM~tfa or tn any
r~~p~ct faU b paform, disch~ry~. ~x~a?t~. eHect. canpltt~. con+plY with a~d ~bid~ bY M~1~ eov~nant, or ~ny pan Mrwf. s~id MORTGAGEE enay plat~ a~d ;
' pay for wd~ kwwa~c? or ~ny pu1 tMr~of wi~hout waivGp or aff~qkg any option, li~n, pvity, or ripht undK a by rinw of this Ma~pap~, a~d ths
firp s~nwnq of .aeh ar~d .wry ,ueh parm.en d+.ll b~ inNn.di~ay ~ and p.rabl. .nd sh+ll b.u ~+rera~ fram th. d.n eh~r.of umU p~W ~t ti+~ rat~ ot
nirw pN ce~uum pM anewm a++d topether w;tA wch iM~r~st sh+11 b~ s~cwed by tIq IiM+ of tNs n+odp+~.
, t. To p~rmi?. oonxnit a wffer no wast~. Mnp~irmeef a de~ior~tioa of said propNty a~I put ti~~of.
S. To pqr all and skgvlN tlr cosb. ch~N and ~xpKUes, indudinp a reasoMbl~ ~na~»~s h~ and aosn of abah+cn of tith. incun~d a p+id ~t '
any tims by aid MORIGAGEE. Mc+w. or in ~M wNn ot ~M f•itur. on fl+~ pan of ~M said MORiGAGOR a du1y. w«nory ,~d fv~h a«f«m. dach..o~ ~
.~xecvh. .ff~d. oomphh. canply wab and .bid. by e+ch .nd wery ~ sriputaliora. +prNm.nM„ conditiom. ~nd oownan?t of saW pomis~oey noh ~+d t!?i~ j
mat~ap~ ~ny a~~ha. ~nd s+id cab. charpn ind ~xpenws. ~ach and ~vKy. shatl b~ inrn~diably dw and p~rabl~s wMtMr w ear thwre be notia ds ;
r+w?d, attert~pt b ooll~ct or wit p~ndiegj ~nd tM fvll amoum of ~acA and ewry wch paYrne~t stwl! bNr iMernt from tM d+t~ Mwwf unHl paid at th~
ratt of ~ins p~r caNvm per an~wm: end all s~id oo~tt, charyes and expensss innxr~d or p~id. top~th~t with s~xh intapt, sMl) b~ aKwd by 1he li~n of Mw .
~q~'0+~,
b. ih.t in ~A. ev.nt of any b..ach of Has Maroap. a d.fautt on ~h. p~n of ~M MORTGI?GOR. a(b) fn ~h. .v.m sny of asd wna af nwn.y i
Iwrein r~f~rnd to M not promptly ~nd fuly.p~id wifhin lhirqr (30) days n~x~ aher tht wn~ wvs~alty broonw dw ~rw! prYabl~ without dsnwnd or no?ics. ~
a W in 1M ~wnt cach si+d ~wry tM stipvlatiax, pres+n~nts, ca+ditions a~d coven+nh of u~d pranisw~y no1~ ~nd rh~s matpp~ +ny or ~ithK ~n no1
~uN. p?ompNr and f~Ity p~.famsd, d~scharysd, ~xecut~d, dfeceed. canpf~rsd. eompl3ed wifA ~nd abided 9y. tMn ii? si~l~ w u~y wd? waM tM ~aid ~g
p~~ya» wm mN+Ya~ed in utd promiasory not~ then ?amaWnp w+paid, with inters:t accrwd, and ill nwn~ys s~cwed I~eby. shdt Maoeu dw ~nd pay~
+bl~ forthwitFy w thcresha, a1 tM optan ot uid MORTGAGEE, as fully ~nd compt~tely a if ~II of ths said wma of ma~y wen aiqinally srip~laled
to be pa;d on such day. anrthirg in s~id promiuory not~ or in this Mortqay~ ro tM conrrary notwi~hstaKlinp: and ~Mreupon o~ tMre+h~r at tM op~ian of
•+ld MORTGAGEE, withovt ~+otic~ w d~nand, wit at I+w w in pv+ty, tMr~fore o~ thereaher bpun, may b~e pro~ecvted as if all moexya ~aued hareby
had rte~twed prio? ro in imtit~fion.
7. That in th~ ~vent that at th~ b~qinning o~ or ~1 aey tims pendiny a~y w~1 vpon this Mortgs~, or ro fa~clok h, a fo nfonn h. or to enfo~a
p~yment of aay claims hereunder~ ssid MORTGAGEE sMll ~pply to the Cowt l.avinq jwisd~ction tl+ereof tw the appointma?t of a Receiwr, svch Court sMll
(orthwith ~ppoint a~eceiwr of said mortpay~d prope~ty ~Il aed s~nputu, includ~n~ all and sin~ul~r the income. profits, h~ws se~d revsntKS iran wF~at~va
sovro~ dNived, each and every of which, it bairg ~xpratly ue~d~rs~ood. h he~eby mort~d q if spKiiically ~et fath and dswib~d in the 9raeainp u+d
hab~ndwn dauses hereof, and s~ch ReuivK shall haw ~II tbs bro~d aed ~ffectiw fund~oia and powsrs in anywKe a~tnnted by a Court to a Reoeivsr, ar~d
such appolntmenf shsll be mad~ by such Court u m ad~nitted eqv;ty and • n»n~r of sbsolut~ tight to s~id MORTGAGEE, ~nd withoul nieranc~ to th~
adeq~~cy a in~deqvacy of th~ wlue of tl+~ propary morty~ed o~ w.tl+e solvency a inaolwncy of said N~ORTG/tGOR or the d~f~ndant~, ~nd tMt svch
ren?s, protits, incoms. is~ucs and ?svenws sh~ll b~ sppli~d by such Raceira acoordinp !o tFr I'~en or pvity of Wid N~ORTWIGEf and the practic~ of wch
CouA.
8. To duly. promptly arx! fidly perform, dncha~9e, execute. eifect. oompkt~. comply with and abid~ by sacl~ ~nd eve+y tht ttipvlatiora„ iprsen?enh.
corxGt~or?s an~ covenants in sa~d promissory na~ and ~his mo~tqs~ ssf forth.
9. TMt in tht event tAe ownenhip of /M morty~yed premises, or any part the?eof, beopnes wsted in a penon oths~ thart the MORTGAGOR, tM
MOR1GAGfE, its wcceuors ar+d assiqns, m+y, wi~hout notice to the M<3RTGAOR, deai with sucl? svuessor a svccasor in intere~t with r~fe.~nce to this
mwtya~ aod tfK deW hereby searred in Na ssme manner as with Mwtgaya witho~t in ~.?y waY vit;attrp or dixl?aryinp tM Mortyaqors' iAbilFty har
vndrx a u~ th~ debt hereby secu~ed. No wle of ~h~ premises h~rcby mortpaped ~nd no fabear~~e on tl+e put of tM MORTGAGEE o~ its ~uccesso+s
or +aaip~a u+d no eatensioe of tl+e time fa the paym~nt of the deb~ hereby secured qiven by tFvs M~ORtGAGEE a in wcasso.s a asiyra, aMll opua~~
ro r~~, diuharpe nwdify chan~ or sffect tM wiyinal iiabiliry of ~h~ MORTGAGOR haein, ~ithar in whoie or in parf.
10. It b specifkdly ayreed that time is of ths essence of tha comrad and ~har no waiw~ of ~nr oblipat;on Mrwnder or of th~ oWiyation ar
cwd Mreb~r sh~ll at iny tim~ thereafter b~ held to be s w+iwr of ths tsrms hereof w~ the instrumsm sacw~d Mrby.
1/. In ~dd~twn to the forogo:nq ma+thty psyme~ts of p?ini pal and interest required by the promissory no?e sec~red hereby, mort9s~w coven+nla
snd prees to p~y fo mortgaqce with each mor?thtY paYment sn ~dd~t+onal wm e~t~m~ted by mortyaget to be eqwl b-1/12 of ths annual toat of the fotlow-
inp:
A-All real property taxes kvied w asaesxd aga;nst the above desvi5ed real esate. ~
B--Premivms an (ire and windsform inw~ante as herein teq~:red to be urricd on the improvemenb sitwte on the above desvibcd premises.
G-F~emiwns on svch mwtgsge gwranty inswu~ce as mortgsgse shsll fiom t~me to time deem fit to carry on the ~ou~ secured hereby.
Mwty~pe~ sFatl trom time to time notify mort9sgor in writing of the amou~t due and psysble here~w~ler arw! such wm shall thereupon be dve and
paYable on the doe date of ~h~ next monthly payeneM and tach wccessive mo~ih thercsfler untN mwpapee shsll notity mat~por of a charge in woh
amovnt. 5~ wms shall be spplied by mong~gee towara the piyment of real property taxss, inwruice prem~wns, and mortgaye ywranty inswsnce
Pr~miu - •
WRNESS~ WHEREOF, the said MORTGAGOR F»s herevnto set his hand and seil the day and u fint ~ euid/
Swld, ed in fh~ pres~nce of: ~ v~J
H K. Nil on ry
n
~
Gla . san ~
STATE OP FLORIDA ~
COUNtY Of $t• LLLCj.6 • .
defore me penonally ~ppeared H8~ K. ~150I1 ` •~~,•••j~~~'~,= _ ~ ;
Gladvs j~j. J~1son hK w~fe. to m. we~` '~d so'~+~.;~ b.
th~ Ind'ividwts ds~c~ibed tn ~++d wfio tx*wt~d tfr foreqoinq instrviria?t. ~nd ~dcnowledged befor~ mt thrt tMy ex~r~~~~ same ~pbta }
~ • ~
~ rtwrdn ~xpr~ssad. Md t)r ~a' _ • ` • . ' : ` • ~
~ial. K. lr~il.son ' ' ~ '
a,ir. of .h. ~std = p.lt.t~
examin~tion by me uken sepirate snd apsN from her said h~sband, ~cluiowled~ed to and 6efws me tFat shs executed ~ ~11~tnRe~srA~~~~~~ ~vo-
I tarily and withart ~ny compvlsion, constrsiM, ~ppreh~nsion, w fear of or from hsir a+d Fwsbsnd. U~
WITNFSS my hand ~nd Offiti~l feal 1~+n day p1
C ` r 1~,.`.'~3"~
.,cs ~ tt~~~*
' Nobry Publit in ar~idr the Statt of Nwida at Larp~ ~
My Convnission ~apirss:
Retwn To: .
Ftm F.dad S•~ys 6 tose nswsNt~«+ ~ Nc!~ry P~SSt. State of ~c~ida at [z•3e
o~ fon vKrc~- hl(r Wnur,issioa E,cprei Qec. 13, i;r30
Fwt Pierce. Flaida ~ ~NN~ 1~t A~wit~ flw a G~t~ Ce~rNK
35~869 . '
This Instrument Prepared By Ibrtal.d , E. Hughes ~
First Federal Savings 3 loan Association c,
of Fort Pierce ~ g1o2-j,da. - Y FL~. '
Chedced By - 0 a 11!~' C4aAT t
. `~I""""
~ RtCORD ~~It ~
e~ F~A ~S ~ Sa PM'TT
1~ ~t~ ~ . ~
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