HomeMy WebLinkAbout0352 To pba ~nd contimwwly kNp on th~ bulldinp~ .aw a M+~ah~r ~ltw~a on uld l~nd ~nd on all ~qutpn»et wid p~nw?dy covsnd b~r thb nwrt¢
ap~ whA ~N~ tl~~on pa~d {n fvll, Kn intw~ in ~M uswl uanda~d pollcy fpm,, fn ~ tu~ app~owd by tIN MORiGAGEE. snd win~htonn
Mww~na in u~wl p~n~4rd policy /aa~. M• wn+ ~pprowd bY tM IiAORTGAGE~ tn wc1~ oompany a oon?paniM a th~ MORTGA~rEE nMy
dinc4 ~nd il~ Nn and wind~?wrm i~w~na poltci~~ on ~ny ot aid build'w+p~. any InNra~ N~1n a pNt tMnof. (n th~ p~paN wm ~fat~ald a
' ti.san ~M..ot. dwll caN.tn vsual •randard monyp.. daa~ a•uch aha daw. a a» ~~wq+p.. m+r r.o~v+~. maiunp ~M to.s ~da ~.d po~ ,
ctN,, ~.d? ~nd w«r. araw. a s+W MatT~AC~E a:n tnanu ~?.r ,pp.., «+d ..d+ and w+~? wd+ r~a+cr .*•u ~~h? aa~.d .~+d d.nw..d a
M1? M1d iw saw MokrGAGEE a. tvnh....cwtty w s.id morq~p. d.b4 .nd. na la. th.n qn (lol d.r~ ~•dv.no. ot M. .xptaria+ of ..d+ volic~?. a da
Mvw ~o ~aid NW~TGAGEE ~ nrowal ti?Nwl, top~rMr with • natp~ fa th~ pr~miw~ oi wch nmwalj and then ~hal1 b~ no lir~ a wteds~am in~ww+a •
Otaad on anr o! wid butldinpa, any inp~at tMnin a pan th~rwf~ unles~ in th~ form and wi~h th~ las p~y~bN a~ta~said~ M+d In tir ~w+?t ~ny swa
~^~»Y W~~ w~ wd~ poiicy a policia ~+id MORTGAGEE ~haU Mv~ tM option a natw and apply ~M ~ on ~caount of tM tnd~ba~
~NN Ntv~~ld hM~by Of b pMrtal Nfd MORTG~AGORS 10 ~fpiv~ !l~ VM N 01 ~mr p~rf tINr~01 IOr Other pwpo~t~, withOUf thaeb~ waivinp o~ im~ir•
M~p ~n1? puth?. INn a ri~M w+Jw a bp vihw M Mis nwrtpp~t ~nd N tM ~wnt uW MORTGAGORS ~II Ea any ~~~on fdl to kMp. th~ ~~id p~~misN w
± irnw~d w fNl b d~liwr P~~Pth ~Y of ~ad pol~cia o~ imurano~ W s~id MORTGAGfE. ar fail promprly b p~y fvpY +~Y P~a^iu~n tMnfa w M ir?jr
nipat t~il b p~rfam, d'achar~. ~x~a, ~ff~q. oompNt~, comply with aod ~bid~ by t!~ cowna+y. a any pu~ tw.of, s~W MORTGAGEE m~y plac~ aod
Wy tw wch in~wano~ a any pwt ?Mrwf withow waivinp a~ff~ainp ~^y oplion, ~i~n, pvib. a ripM w~ a by vifi~s of thn Mort~ap~ and tM
iull ae~owit of ~sch and~vay avcA payr~q sMll b~ tn~diahy dw ~nd py~bl~ ~nd ah~U bw intKat irom tM dd~ tlw~wl until p~W ~t th~ rat~ ot
~n. wr ~«+twn wr +~~nwn «d roo.~n« wtth such Mu...~t ah~u b. ucw.d by tM ~Me of thi~ mo.pa~..
To p~rn~k, oomNr a suffw no waN. MnWinn~nt or dNerioatbn of ~aid propKtr w~ny pwi 11Nno~f. -
S. To pay dl and sinpular tM coan. dwp~a .nd exp.oi.s, inck~dk~p • n.ao„abl. ano'n.y~~ f.• and a~sn ef .bsn.c+s of ~irk, incvnd a pald i~
anp tinr b~r s+ld AAORTQAGEE, b~cww or In tM w~m of tM failvn on rhe puf of N+~ said AFORIGAGOR b du1y. P+~P~h ~~h P~om~. dischar9~ +
~asevt~ ~ff~p, oomplety aon?ply vvieh ~nd ~bid~ bp ~ad~ ~nd ~v~ey tln pip~tioe?t pn~n~nh„ eandttiom. and oev~+~~ms of ~sid pomitsory noh and t1d~ '
~ ~ny ar ~ithM. and said oost~,. dwp~a snd ~xp~mn, ~ach and ewry, ilall M Imm~sG~t*ly dw and payaW~j v+haMr a not tha~ b~ notia d?
~an0. +•1hmW f0 co11at1 w wN P~rwG^W s~ld tM fvll amo~wN of M~d.a+h*Y ~ WYment shall bta. intensl tron~ thr d~t~ tMrwf w+til p~id tl N+~
rate oi nin~ p~? ar+tum pN aivrun~; aod ~11 ~aid a~s», chupes snd ~xptns~t ina,rnd or Wtd. ?opethK with wci~ int~r«t, shaA M s~an~d bp th~ li~n of thb
mottp~,. -
b. flrt W In tM .fwN of any brsach of this Morty~p~ o? d~fwit on th~ part of th~ MdRTGl1GOR, a(b) in 1M twm ~ny of wid wna of ma~
MrNn nf~rnd ro b~ na P?a~pUY +nd ivly piid within tlwty Cd0) d~ys n~xt ~fta tM w~a s~wtalty b~cnnw dw snd payaW~. wftFav~ dwn+nd a nalc~
«(tJ ln tM w~m ~+d~ ~+d wuy th~ stipvlatioro. +~~eue~a+b. eond'itions and ecv~nts o( sa~d promissory noN ~nd this mortpap~ any or ~i~Mr an no1
!uh?. P.omW+~? .oa tulb o.rform.d~. aach..~d. .x.cw.d. .ff.a.d. oa+~f?I~t~d. oomr,i~a witA .na .bidea by. n~.e w? «tM. o. .e„ wch w.m N~. ..id
~np+n wm rt~auiawd tn wid prom~so~y not~ tMn nmaFninp w,P+kl. with Int~?eit +arued and all ma~ys wcw~d Mr~by. ~MII bseonN dw aod WY~
~41~ forthwitlw, o~ thereaha. ~t tlr optwn of said 1111pRTGAGEE, es fully and compt~eely n if ~II of the said sw~a of moMy w~re wginally atip~bted
ro b~ W'd a^ wch d+Y. +~YtM^p in s+~d pom~saory nob w In this Mwtpsp~ to tM contrary notwirAst~ndinp: and tMrwpoo or ther~afiN at the option of
s~id MORTCsAGEE, wirho~A ~wtk~ o~ d~nwnd, wit at law or in p~NY. tl~~foro a thereafter bepun. mar b~ prosscvhd p if dl mon~rs s~cw~d Mreby
1Md IIMtNrsfl p~i0~ ro it~ i~qlifYtiOR ~
7. iMt ln th~ ewnt tAst ~t tM b~ginninp of or ~t a~y ttm~ pendinp any wit upon this Mo.tyay~, or to fonclos~ N, or b r~form N. o~ to enforr~
WY~ of anp daiem herew~der, said MORTGAGEE shall ~pply to tht Cowt Mving jwisd~aio~ thereof fa tl+~ appointm~nt of a Receiver. wd~ Cowt shall
~PP~K of wid mort~ap~d properry dl and sinpula?. inck~d~ny a11 and i~nqular the income. polin„ iuws ~nd nv~m~es from wMt~wr
~o~tot d~riwd. e~ch ~nd ~very of which, it bsw~p ~xP?est1Y ~ndauood b hereby matg~yed ~s if specifiully att fonh and daaibed in tM ~antirq and
habN~durn d+v~s haeof. ~nd'wch Reniwr shall haw ~II tlw broad aod ~ffective fwKt~ons ~d powers in anywis~ enNwted b~r ~ CaM to ~ R~piva. ~nd
cud+_~ppointm~nt ~hsll be m~d~ by wch Cowt u ~n ~dmitted equiry ind a matter of absot~te riyht to s~id A{pRTGAGEE,. and withovt nle~sr~oe to e)~
+d~q~r+t~? a in~d~qwcy oi tM v~lu~ of th~ preperty mortyipsd a to the solw~cy a insolvency of t~id MORTGAGOR a tM d~fe~dseMa, a+d that wd~
re~t~ Profils. incoms, issu~s and r~wnu~s shrll be ~pplied by wd~ R~oeiver ~ccordi~y to the lien or equity of said MORiGAGEE and th~ pacfit~ of s~ch
A. To d~rly. P+omPNY ~nd fvlh A~a^n. fiistlwy~, exacvle ~H~ct, comPkte, comply with ~nd ~Wd~ by wch and w~ry t!w stipulatiorn, aq~~nts, '
conditiona and eovsewms in a~id proenissorp not~ and this n+ortgaye sN fwth.
9. That in tlr ~vem the own~rship of the morty+y~d P~em;ses. w~ny pa.t thereof, become~ wst~d In • perwn otl»r th~n tiw AAORTGAGOR, th~
MORTG/?GEE. i+s +uae+~us and assiQro, msy, withouf no~ice to the•MORTGAOR, deal w~th such wccassor or successor i„ ;nt~rest with rder~nce to thq
mortpape and tl~ debt he?eby secwed in th! ssms mati+er aa with Matgsgor withovt in any way vitiatinp a discF+upirg ths Mwlpapors' Ilsbiliry he?~-
ur+der a upon the dabt hereby secwed. No s+te oi th~ Rremises hereby morrgayed and no fwbearanu on the pat of t!n MORTGAGEE a its wa~ssws
a~gns uid no ~xtensGon of tl,~ time fw tFw p~yment of the debt hereby secwed 9iven by th~ N10RTGAGEE o~ iri succ~sson or sssigrq„ ah~ll opuat~
ro nleas~, dischu~e, modify ch~~ or affKf ths org;n~l li~bility of tM MORTGAGOR iwr~iq, eitlwe in whote w tn parf.
10. It h specifiutty ~yreed that t&ne ia of tM essqnoe .of Mis co~tract ~nd that ra wsi-rer of sny obtiy~tion h~rev~der ar of t!w oblipation re-
n,red h~by sl+ill M a~i yMitr` thahaffai bi I+dd td be ~~waiver of the terms Mreof or of the inurwnem secwed Mrby.
, I 1. In id~t~on to tli~ faego:ng mor?thly p~yineny a{ p~in~p~l and inteeest' reqvked by ~1he
and syrees W pay.,fo :morty~e arvith eath ma~fbl P?omissorY nofe ~ aetu*d hereby.- mortpayo? oownK?b
r PsYmsnt ~n +d~KonN sVnr estin++~Rd blt ~natti~ w bt~t4~N~ to :i/iZ o1 the ~unwl cost of tha fdbw-
/?-All resl prop~fy~tsxes levied or is}essed aq~ieut the abo~r4deK~~4ed reatS ~ytate. _ ~ ~ _ r: , _ ~ - _ ,
B-Praniu~m o~ tiro arw! wiridstwm insvrance as~lrcreiri requaed to be urried on the improvemenn sitwte on the ~bove desvibed premises.
C-P?emiums a? such mortgaye ~uar~nq inswance ss mortgsgee ~hsll from t~me to time dean fit to arry on the Iwn secvred hereby.
~AAortg~e shall ~ronr rinib to ti~ne raNtl?'ma?(9igef~i+ w+*tin9 o~f' $~e an+ount dve iAd Wy+blr IMrevadr ~add wd~ wm shsll theraupon be du~ and
e
payable,a? tM duE dats-of atH-n~xt montNr P+Y^a^~ ~~d wch weseas+w~wotl~ tlKrq+her: uotil~apatqs~~e:s1w11 ~wNfY nwrtQapor: of: a, ciw+~ in wch
amaiM. Strch sums shs1l be applied by mortpa~ee toward the payment of real propeity laxes. insursnos p?em:~nis; and mort~ay~ 9varinty inwrance
A~~-
IN WITNESS MR1ERfOF,3he~aaid JMORTGAGOR has F+ereumo set his hand aod aesl the day and yau fint aforessid.
delivaed in tht pr~sa+o~ of:
J. ~ ry' i n ~
S. Victor ia Cornor Mu inf n
STATE aF fl6RiB~/~ ~~Q~~ ~
COUNTY Oi ~I ~
~,,o,,,i~y J. r Mnlliaix - ~
S. Y ctosia Coznos Ma 1 ~ x ~ ~ ~ ~ , ~ a
. rF+e trw~rWwb d~w+b.d tn and .vho .a~cur~d tM for~poir~ imtru..Nnt. ~nd acknowted~.d beFon me tMt ~ •
N'e~' ~~t~t~{ ;.l1'4'~ ~!~'~P"raot~±s
t~1Kllfl ~7~/qMd. AIId fFN M : .~s~(jZ ,r,
wiff Of fIN Nid • ) ~a~~V ~lii~i~r ~y ?;~.a>:T .t'~
r._•~~~ ~
ex+mieaYan bp rn~ taken separate and ~part from her aaid hu+b+nd. ~ed to aed befon me th+t sfN ~xecut~d' r~
. ~
~k.
tarily and witla~f anY comP~rlsion. oonstralM, ~pp~sl~rniot~, or fsar of ot from her s~id r
' ~
WRNESS my h~w! ~rd official seal t!~ i~1JLi .1..._ ;k -
~ y ' e . -.:x a~_-
. 2 i •Pir y~~,~• ~ ;
r'. ~•e~ ~
Notary ic {n.and fw th~ ~q • '
My Cammiasion expirea: ~v
R~tam To: . ~~.,a~~~~
Fint F~a) Srvkps i loan Association
.i .
Of Fort P~erce. / ~ ~ _ ,
Fort Pierc~. Flaida
This Instrument Prepared By Casol B. Bnsns ~ ~~SSQ15 ~
First Federal Savings ~ Loan Association ~
of Fort Pieroe ~ RloYida t
t ;
:
et~~ed By ~
. • _ . _ ~ . . . r
" ~ ' ~ ~ ~ . ~A~ ' ~ ~
Pf[4~~~ ~51 F~e 18~:_. t0 a+~ AH'T1
. ~5 ~ s ~ _t ' ~
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