HomeMy WebLinkAbout0107 To p1~c+ and contk?uowly kNp on tM bulldirps now w hK~ah~r ~ftvaN on aid land ~nd on ~II pvipnwnt aed pwsoea~ly oovM~d by tM~ narq~
p~,, wNh ~p pnmiwrn ~lwwn paid in fu11, iq~ ka~?anu i~ ~h~ uw+l st«,da.d paky fom~, M~ swe appowd b~r tM MORTGAGEE. ~nd wu+dua~n, ~
irww~na in tM wwl ~~~ndud pol+ry lan~ In a w~n appowd by N?~ 1NORTGAtiEE. in wd~ oonup~ny a oony+~Na K tlr MORTGAtiE! w~
d4dt a~d ~11 fin and wind~~ imw~na polki~s on ~ny oI said butld~ep~. any Mhn?t Nwnin a pat ~Mrw/. M rhs pprp~h ~wn ataaNd a
b~~caK tl~wf, ~MII oonain th~ uwat aandKd nar~qpw clauw a. wd~ otMr c1wrN M tM . Mo.p+pM n~r hqui~ ~n+kM+O 11r low wdM aid ooi~
eiN„ .~eA and wKy. wr•bb a~aW MWttGAGEE a~n tnt...a may .pp.a. .nd Meh and w~11 M+d+ volte~? ~AaU b.pron~h as:~e~d «+d d.tiw~.d a
~ MW bp ~aW MORTGAGEE a iw~l?K s~swity to aW ma~py~ d~b. ~nd. nor Na th~n t«+ ~10i d~yr In ~dvana of tM ucpM~tion of ~ach Pakt?. w d?
~
t Nvw b aW MORtGAQE! • r~wa! tMrwi, wp~~Mr wIM • naspt for tM p~n?iwti d wd~ r~wal~ ~nd tMh ~Iwll M no fir~ a windqan~ teawana
plaad an ~+qr of saW beildlnpa, ~r intKat M~nin o? pul ~eoi. uelas in N» fam a~d wi~6 N» loa Wy~ ~ a~ora~k4 and 1n th~ ~v~M ~r aww
of eno~Y b~Can~s Wy~bt~ und~r wch polky w policih uid MORTGAGEE shaU haw th~ optbn w halw M+d ~pply tM sacM on•~ooou~ra of tM k~d~Med~
ma saw~d hK~by a w pKmit wW MORTGAGORS ro nalw and uM h a uq p~rt tMrpf fa otAtr pwpwM, without tlureb/ w~ivinp a imp~in
. ~+~Y ~9~+ib. ti~ or rtql~ ueda w bp virtw of ti~ mortQ+p~~ and in tM ~w~u ~aid MORTGAGORS ~Mll fa «iy ~w~on fafl M k«p tM wid pnenha w
iwwd, a fatl a d~Uwr Wanp~h +eh? of s~id polieNs of intwM+a a s~id MORTGA(iEE. or. f~tl P~~w?h a P+Y ~b ~~1? P~M+ium tMnfa a in aoy
n~p~a fatl to pafan~ d~sd+a.~. ~x~cut~. ~ff~ct. oompNt~. complY with +nd ~bid~ by tl~ oownw?t. a~nv Psrt h~?wf. uld MORTGA~3EE ~ i?laa en~!
. MI~ ta wch 4ww~ or ~n~r part tM~r~of whhout wa)vinp a ~N~aiig ~nY aMbn. li~n. puih, w ripM w?dK w by virtw of N~it Matp~p~, and th~
full ~nown of «th ~ed ~wry wcb p~yn~ea ~hall b~ unnKdi~t~l~? dw ~nd pysbl~ and sMtl bwr im~tat from th~ d~N tf~rwf until p~W ~t tM aM of
pK antvm p~ ~rwwm and 'topetlw~ with such intenst sh~ii M wcvhd by the lIN~ of 11~N mo~tp~p~.
- 1. To pe~n~it. conwnM or urffK no wast~. 1mWi~m~m or d~Mria~tlon ot s~id propwt~? or w~y parl tMrwf. _
~ S. To pay all and sMpvlar iM oab, cAup~s ~nd sxqmq, 4~inp a rw~a?~bb atrorn~s h~ ~nd can of ~batncn of Ntl~. fncwnd or p+id
~ny ttm. by s~id NWRTGAGEE. b~c.u~ a in tM wtat of.tM f~ilun on tlw pan of tM said MOrtTW?Q~OR a dvy. pranp~h Md ivlly pMMrn~, d'aclwp~
~aav~~. ~ff~d. oon?Pkt~. oon~Pb with and aWd~ by sach u+d ~wry the sripulatiaa, aQreMr~e». oa+ditiom, and aown~nts ot said panissay not~ and thi?
worp~p~ anY a~i~M?. and aid ooat~. c1wy~ and ~xp~nws, eacA ~nd wwy. sirll b~ Mr~di~Nly dw ~nd p~y+W~s wMthu a eot eMr~ b~ notia d~
mand. ~tNmpt to cdMct a wit W~fi^pr and tM fvll anwwM of Mch• aod w~ry wch WrmMt sMtl bs~. M+f~nst from tM d~t~ tZwwf wMil paW N tM
rat~ of.njM p~~ ~ntum per a~rwrnJ and all sald ao~t~, ch~ryes and expNUSS N~airred or pafd, topttMr wi~h tuch inurat. ~MII b~ s~cw~d b~? tlN li~n of thi~
niaq+~.
6. 1Mt W in tM ~v~nt of any br~ad~ of this Mat~ap~ w d~f+ull a? t!r pu1 oi tM N~ORTG/1GOR, or (b) in tAr ew~1 ary of said ~isns of nwMy
Iw~in nf~nn~d ~o b~ not pranpry and fvlly paid wi~hin tlwty (3~) days ~»xt ahsr ~M saen~ wwr~l~y b~oonw dw and p~yaM~. wtthow d~n+~nd a notio~.
a(d M• tM wMt ~ad~ and ~very th~ stipul~ti«w +p~ew~w+~ta. conditiaa and cown~nb o1 wtd promiuory not~ +od tha mo~qp~ an~r a~t~h~ ~n rw1
~+h. P~~P~h ~rd fully pNiornwd. dwchary~d, ~xecut~d, ~fhct~af, oanPl~t~d con?P~i~d with ~nd ~bided b1?. tMe in ~ither a ary wch ~wM tM s~id
~l~N fW11 ~MfN10Mf~ 111 MIII ~OfMfiOfy 1fOf! tI?M fMlii1f11fO 1111PiMI. WItFI &NHlst KCtVld. Mld ~II marys rcvrd Mnby. alwll b~oome dw and W11~
~bb fonhwith, or tlw~ahe?. ~t tM option of said MORiGJ1GEE, u futly and compt~aly ~s H~N of tM said sw,r of m~y vwn a~ly snpvlated
a b~ patd on wch d+Y, anlrthinp ln aakl paniswry ~wn or in fhis Nb.ipaQ. ro N~e oon~r•ry nawiNu~andinq: u~d +hK~upon o~ tMr~ah~. at tlr op~ion of
uid MORTGAGEE. without ~atic~ or d«~w+d. wit at law a in p~rity, tlw.efon w thu~ahK bpun. m~y be ~owart~d ~s H all momps s~arnd Mrsby
hid ItHtuffd priof f0 it~ irNfituti0fl. ~ ~ ~
7. That in th~ w~nt ehat at the b~yYininp of or N ~ny tim~ p~~dieg anr wh upon Nds Mwt~p~, a b M?~elat H, or to hfonn k. w to ~ntaq
psymer~t of ~e?r d~im~ Mrwr?dn. wid MORTCsI?GfE sMll spply to th~ Cowt I+avirg ~urisdiaion thenof for tM ~ppointn+~nt d~ R~aiwr. axh Cowt aMt!
Fathwith appoiM ~ nteiwr of s~id matp~d prop~rty tll aid skpvlar, k~dud+rg all N+d sirpulw tM inoon», profits, issws and rew~s from wh~t~v~r
sourc~ dniwd. s+ch and wery of which. it beinp ~upressly widKUOOd. is Mr~bll nwreq+p~d +s if sp~c~fiully set fath a?d dNCribd in IM pnntinp and
h~b~~dwn davws Iwreof. ~d wch ReuivK shall Iww all fh~ brwd u~d ~fi~criw fu~ct~wa ~rid powen in a~rwiw ~Nd by ~ Cowt to a R~ceiva, u~d
wck ~ppoinrmei+t ihall be rnael~ by wd~ Co~rf as ~n admitted eqviry aod ~ mrnK of absotut~ rghl to s~id MORTf'sAQEE, M~d wilhout nfe?MU w tF~
~d~quiCy Or ieadeq~rity Of tht v~lu~ Of tIN Pro~rtY ^w~1Cp~d a to fh~ WNenCy Or insdrlnty Of Mld MGRiGA~'sOR Or tIN df(MdMff~ and fhat svdl
r.~a. p.or~a, kroom., issws ~nd r~wnu~~ sh~ll b~ ysplid by uxh Raceivw acc«dinQ w tM li~n w~quity of sNd AAARTC~AGEE and th~ practic~ of wch
Ca~rt.
8. To dvly, proreK?tM ~nd fulh P~rf«m. ~iuM?o~. ~x~a?t.. .Hect. carol~te, oon+aM with and .bid~ by ~ad? and ~Y Mr qipu~+tio~a. +pr«msets.
confirtans and coven~nn in s~id pramissory not~ and rhis mortpsy~ wt forth.
9. That (n th~ ~wnt th~ oweership of tM mort0+p~d Pr~mFw. a+nY P+rt thereof, beoanes wsMd in • pKwn otlwr tMn th~ MORTGAGOR, tM
AIIORTGAGEE, in avccessws aed auqro, may. wi~how no~ice w fM MORTGAOR, deal witfi s~ch wcus~o~ w sutt~swr in intsn~t wi~h refer~ W Mus
maq~pe and th~. debt l~:tabr ~ound in th~ s~n~e marw~r ~s with /Y{ortp~pa .r:Ywut in sr~y w~y viti~tinp a discM?~ir'0 th~ Mor~p+Qon' li~bility h~rr
w~ds. a upon f!r debf M.~by s~cwed. No sal~ of rh~ premis.s her~bY mo.t9+y~d uid ao forb~ar~nc~ on ths p~rt of rTw MORiGAGEE or Ns wac~ss«s
a ~uigos ~nd no ~xhrnion 6F th~ tiwe for tM P+Y~+t of th~ d~bFlke~by »aw~d pi~n by th~.MOR~GAGEE oc its suoasfon v as~iper„ ah+Il opuaN
a n1eaH. d~sch~rp~. _ modifl? eiwge , or. ~Nect t1r aip'v~a! Wbility of tl» MpRTGAGOR h~r~M1. ~itiw~ N wlale or In p~rt.
T0. It is specifkslly a~?~d fhsf tim~ ia of tM easH+ce of thq aa~tract a~d th+t no wdwr of any ab~ipatan I~paunder a of th~ oblipation s~-
ound Mnby sh~M at ~ny: tt~n~ tlier~aitw b~ h~W to be a wairtr of 11» twie~i hereef or d tIM Inatrum~nl Ndn~d (~wby. . _
11. In add'eion to tM iengeFnq monthly ~prMnls of pinc'p~l ~ed intNwt nqu'a~d by tiN p~asiaWry nete .NCw~d h~r~y; ~nlo~ttpapw eov~nant~
and aQress ro WY b~~?+9N with e~ch mo~thlY WY~?~ an add;rional wm estimated by mony~pe~ to b~ ~qwl w 1~12 of tM ~nrwal oost of the fdlow-
A-All nal propeAy taxd kvi~d br ~sstessed apairot the above desvibed resl estste.
e-Premi~uas on ise and winduwn? iawra~ce as Mrein requ:rad ro b~ ~s~rie~l on the improv~n~a utwh on .tlK abow d~scr~d pr~mises.
~ C-Frerniwns o~ fuch martqap~ guannry.i?rwa?w~ u mony~pee sfpN fr«n ture to timt deem fit to ut~l on tM lo~n ~ecw~d fwreby.
Mortgapee ihaA'f~om time to tim~ notify mwtga~w io vwifcrg of the amount d~i and piy~bfi herwnd~r and sod~ wm shdl M~ereupon b~ dw and
payabl~ on tF~ due date of the next monthly payment snd esch suttessiv~ month thereaNa until moitgaps~ shal! notifp mwry~por of a char+pe In wd~
arr~ount. Such wms shall be applied by mortgipec_ toward ti» p+yment of real poptrty t~xes, iosvr~nu pr~miwns, and mort_:ap~ 9wtanty i~r~rw
P~~
IN YVITNESS VYHEREOf.~ the said AhORTGAGOR h~s hereunro ~et his Mnd and se~l th~ d~y and y~ta fint e~re '
Sipi~, S~rt~d ~nd ddFw~~d in tM p?ea~not of: ~
~ t ew~an ~
~
_nn ~
0~/6' ~IiLu C . 1G `~i~a~ ~Su~
" Sally . Ne n
STATE OF Fl4RtDA ~
~ St . Lucie ~ _
~fa. n,. p.n,n.~y, ,,pp.,nd T. Timothy New~an • ' ,nd
_ Sillji C. rIQ~aD ha wift, to m~ well known and k+wwn to nr to M
th~ kdivWwb dau~ed in and wla ~:scut~d ti+~ forepotrg imtrum~M, rd acknawledp~d b~fon n» tMt Nry ~x~cured the ssen~ for tM purpoas
th~r~in tapnued. Md th~ u~ S/ C• N@~aI1
,,,,it! T. Tiaothy Newnan
eaanwui~on by me tskeo s~puah and spart hom har aid Fw~band, acknorvl~dyed w and befon nr tFwt sh~ u~ecvtd s~id inatrvm~nt ir~ly and v~olwr
farily and without sny oompuWon, comtriu~t, ~ppreh~raion. or f~ar of or fran Mr saW Fwsbantl.
WRNESS my Iw~d and official ~eal this day of A. D. 19_Z..L
~M.t ~ ~1W~-
Nwary Publk In ~nd fa t!N Sf of Florida ~t t~up~
My Ca~wr?iasion ~xpira:
Ratvm Ta. -~d
first f~dw~l Savi~pt i loan Attotiation ~~~~,?~r~t~,i
Of FoA Pierte. ~ ; . :4,
fwt Pierce. Fbrida ! : -
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~ ~ ~ . .t. .
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3S'J8'~'~ i : ~ -
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:
This Mstrument Prepared 8y Gary R. Sllwood , . ~ , s; ~ •„`i~ = ,
. ;
::=7~~' 6 y
Fi~st Federal Savinga b loan Association ;~+y, :~t`', n-.;
of Fort Pierce Rlo rid a j1LE AM 1~~E4 ~y-~'~
iT ~ r t~. S•••......~~ s~.-
Y . _ ~RE~~~ 11?0 AS ~bJ00 ~s
Chedced B CL a OQ~{AT.// ~'~+~r~~~~~~~~~~~ _
~~~~~~1~~~~ ~ 4. . :
C
~rai ~ . FE~ l6 ;2 3s PNI'?~
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