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HomeMy WebLinkAbout0355 To plaa ~nd aontlm+owlY kt~P on th~ buitdinps now a M+~ahN shwt~ on s~id laed a~d on ~11 pvipnNm ~nd Paaon+~M cownd b'f~ ~hM ^~°rq' apR wi~h all prweh~m~ tMr~on p~;d in futb fir~ ie~wana in ~!w ~swt i~and+rd Pakl? fonR in a sun+ ~owd b1? th~ MORtGAGEE. u~d wi~tonn inawM~p M 11» uwa) atan~d poticy fan4 M• w~n Wprcwd bp 1M MORT3AGEE. in wth aomP~^Y «~P+i~ M tM NWRT('sJtiGfE w~ dkw~ «,d au fie. .nd wrid.ann ~~w.«ia pdki~. on «~y ol aId ad~eirp~. u+y bh..+wM..in w p..+ ~h...ol. M d~. www+h w^~ +t««.w a. b~xau th~~of. ~MII oootaln tM wwl sandard map+pw clwa a wd~ wh~r dws~ a ~M Mo?qpM m+Y nquw. ~?Y+0 ~M low widK aid polb dM, Nch ~nd wKy. WYabl~ to Nid MORTGAGEE q iri Io1Ka1 nwy ~ppM?. and ~ach and ~nKY w~d~ Vo1k~l aMil b~ prOTptly aq~pn~d ~nd ddtvK~ te ~~ny MW b~? s~ld MORiGAOFE a iu.tMr t~ew~h? ro wid mortp+p~ d~b~. and. not lat th~n Nn (1G) d~y~ in advana o) 1M ~xpfr~tion of ~ pdie~?. w dN liwr le aid MORTGAGEE a r~w~l Nrno/, toWdw witb s r~ptpl fa tM pnmiwn of wd~ rMtw~y ~nd ths~~ aMil b~ no fin a wintlstam Mrurana pl~ad on ~r of uid buildin~. ~nY Int~.at tMnin or part th~rwf. w+l.a i~ rM form .nd wi~h rM loa p+rabl. a.fon~ .nd in rh. ~w~u .ny wm '~~Y ~a^M WYabb w~ wd~ policy w policiK ~+id MORTGAGEE shall haw N» option 1o c~asiw ~nd apply tM s~ on aoca+M d th~ M+d~bad~ Mq ~ecw~d M.~ a w pKmit s~W MORiOAGORS ro r~uiw ~nd ws N a~ny pu~ tM~eof fo~ other pu.pwa, wi~hout thq.eb~ waivi~.p a ir~sir- u inp +~1? puihl. IMn a` ripM undw or by virn» of N~b matyp~s ~nd in tM wN+t said MORTGA(30~tS sMll fa any nawo fall ~o kNp ~M wW pnn+ias so Mawrd, or f~(1 b dtliwr W~+P~~Y +~Y of s~id politits d tnwtanc~ to s~id MORTGJ1GfE. a fait promP~h? ro P+Y fi+~h/ +^Y P~t?nium IMr~fa or in a~r nip~ct f~il b pwfonn, d'aclw~. ~xawt~. ~ff~ct, oompl~t~ ooTply with and ~bid~ by thi~ aov~nan~. a any part Iwwf. said MORTGAGEE in+r p~+a +~+d =-s WY for w~d~ Ywww~ or u~y put rhKwf wirhout waivinp a aff~cttnp +rw aMbn. li~n. puwb. a ~ipi~f wd~ a blr vlrtw of this N1or~p+p~. ~nd th~ fvll arnounl oI «ch and ~wrr wd~ p+yrt~nt sMll b~ imm~diaNly dw and piy~bb and dMll bt~? int~tpt frwn tiM dat~ tF~uwf uotil p~id ~t tM rat~ ot ; nin~ p~r pntwn p~r ~w+wn an~F to~thx with wch interes~ shall be sacv«d by tl» liwn of this mo~t~+p~. 4. To p~mN. ao~rmit a wffa no .wat~. knMirm~M or de~e?arstan of s~id propatp or any p~et tMr~of. S. To pay ~11 and tMg~dar th~ eosls. e1wpN and e:P~^~es• inckidiep a ~ea~onabb atton+w's M ~nd owb d abatiaeh of Htt~, incar~d a~ p~id at any tim~ by wid MORTGAGEE. b~aus~ or In the ~wnt of tM f~ilwe on tFr put of tM s~id MORTGAGOR to duly. P~o^+P~h? and fvlh? DN{o~. ~ ex~svt~. ~ff~d. aon+Pl~t~, aomPb with «+d abid~ by ~ach ~nd every d» stipulatiaw +~nemems. conditiais. aw! aownanls oi said promis+o~Y eoh «+d Nd~ ~~Y+~~ +~Y a ~itMr: and said oosq, durpes ~nd ~~cperws, ~+ch ~nd w~ry. sMll b~ ir+~d'~at~ly dw ~nd pay~bl~s wh~thsr or no~ tlwn b~ ~wtia da mand, attempt a aollKi a w8 p~dinps and th~ full amount of ~acb and we~y wd~ p+Y~~ s~l bw in»r~a~ fron+ ~h~ d+N Nweof until p~W at th~ rate of nim per centwn pK anrwmj'and ~II saW oosts, ch~rpes and exp~+aes intwr~d w paid, wpNh~r with such intwpi. shaU b~ saw~d by tM If~n of tF~i~ ^+wtgipw • 6. 1M1 in th~ ~vwM of +nY br~ach of tNs iNorq+p~ or d~favlt on tlr put of tM MORTGAGOR. w(b) in tM ~wnt ~ny of uid auns d nw~wy he..tn ..fwnd ro!» ~+w Pro~rh .~d fu~y P+x! within thirty (30) day~ rrxt after IM s~ wwr~lly beca+» dw ~nd pay~W~: without d~m~nd or notk,~, or (d in tM w+nt ~ad~ aed ~wry tM stipulations. +9nsrt~enn, conditioro ud eoveewnn ot sa~d promissory eate a~d thif maq+p~ +^Y or eitha an nol ivly. Pra^PHy «xl fv11y p..form~d. d~9ed, ex.wt.d. .ffen.d. compN~ed. compli.d vvirh and ablded by. th.n in eitha o? ~ny wd~ wan M. s.id a~ qray~t~ wm m~ntion~d in said proenb~ory not~ then ransi~inp w~psid. with inte~est sccrwd, and ~11 mon~ys s~cw~d hweby. si+.n bsao~+. d~. «+d ar abl~ fwthwith, or lhera(te~, al tM option of said IYIORTGAGEE. +s fu~lY and canPl~tely if all of th~ s+id ~ums of mon~y w~n oripinally stipulated to b~ p~id ort wth day, anylhinp in s+~d p?omistorY ~at~ o~ in this Morty+ge ro tM tonlr~ry notwithsbndinps snd thtr~upon w ft~eaha at tFN oqlion of aid MORTGAGEE, v~rirhow notics a dern~~d, wit ~t law a in equity, the+afon or tMreaher bs~un, m+Y be prosecuted as ff~11 mo~y~ wcw~d h~nby had n+a~w.d pra. ro~a inst~h,~ia?. 7. iMt in the went tMt ~t the begku+inp of or st sny time pendirg ~~y wet upon this Mwt9spe, a 1o fonclos~ h, w to nfonn N. w 10 ~nfwa payment d ~ny claims h~reu~d~r, said MORTGAGEE ah+ll apply to the Court havirg juriad~ttlon thereof for the ~ppointment of a Reaiver, wch Court sMll forthwith ~ppoint ~ ~Keiw~ of said mwtpaQ~d p?opertY all a~d sinpul~r, ir+clud~n~ sIl and singular th~ incorrK profits, iaws and rev~nws fran wMtwtr wures dariwd, esd~•~nd ~very of wFiKh, i1 beinp expressly unde~stood, is he~eby mwtgaged ~s if spacifiully set forth and d~w~d h th~ prantlrq and hab~nJwn claw~s henof. and such ReoeivN shalt have dl the boad ~nd effective fvnct~aa and powers io ~nywise ~ntrwted by ~ Caxt M a Reteive?. ~nd such appointme~t shall b~ made by wch Co~n as an ~drnined eq~iy and a m+ttsr of ~bsolut~ riyht ro s+id MORTGAGEE, and without refaena ro ths adeqvacy or ir.adequacy of ths v~lw of the property nwrt~ap~d o~ to the wlvency a iraohrenc~r of said MWtTGAGOR or Me defeodann, and that wch renes, Profin, incoms, issues and revenws J~1 b~ ~ppli~d by wd+ Reoeiwr +coordinp to th~ lien o? aquity of shd MORTGAGEE and the p?actiu of wch Court. - - 8. To d~ly, promptly ~nd fvllY p~riorrti, d'ischsrpe. ~xecut~ eHect. c~omplet~, oompty with ~nd sbid~ by sach. and wery tM st~pulitions, a~nements, conditaro and cwen+nn in a+~d pran7ssory note and tl~is mortys~e aet forth. - 9. That in ths ww+t the ownenhip of ths mwlp+ped prom~sas, w any p+n ti~ereoF. becomes v~atd in • penoo othe~ than tM MORTGAGOR tF~ MORTGAGEE, Hs wcusson snd auiy% m~y, withoW notics to tFw MORiGAQR, dsal with such succeNOr or "suass~a? in intKest with•nferenu ~ this ,no,tpp~ and the debt ?~pebp secw~d in ths same mama ~s witi~ MortQ~por withouf iei ai+y wsy vitiatirg w distF~uyinp the Mwtpayws' U~Wlity !w? w+der a vpon tM debt her~by secwed. No wle of th~ premiaes her~by m«tqaped and no forbarance on tM pan oi the MORTGAGEE w its ~uooessas or mgrq and no exteroian of the time for th~ p~yment of the debt hereby secvred ~iwn b~r )he MORTGACsEE,or its avcc~ssors or asipns, ahrll op~rat~ ?o rNus~, fiisdury~, nad'fp tharge a~ffetl the wipin+l liabiliry of the MORTGAGOR hereiA. ~itfNr in wiwli'ba fn p~rt. 1Q h is specifkatiy ~preed that time is of tM essenu of this contract and that oo w~iw~ of. +~y obllpation Mreund~r w of th~ obllp~tion sr ared hKeby ah~ll ~t ~ny tims thereaft~r b~ Mld to bt a waiwr of the termt hereof w of the hatnxn~m se~und Iwb~?. 11. In additan to the foteyo:ng monthty paymenri of princ:p~l and ii+terest requiret! .br . tl~e, p~oRRi~sw~ no?e setvred herebY, rtwri0po? oovens^ri and s~rees to WY ~~W+9ee with each monthlY WY~~ +n ~dd~tional sun+ est~ma~ed by ieiort~yee`to be equat to 1~14 af th~vw~l oost of the fdbw- A-All resl propMy t~xes kvied or assessed agairot the ~bove desaibed real esute. B-Premiurtn on firo and _windstorm iasurpnce as h~rein requ~red to be urried on the improvements sit~ate on the _ ~bove desvibed premisss. : C-Premivms on such mwt9age 4wranty i~wrsnte ss mottgsgee sh~lt From tune fo time deem fit to cury on the (osn seaxed hereby. Mort9spce shall from time to Y~me notify .mortgagw ie w?itirg of the smarnt due .~a P,r~. h..a,~+de. .~,d :~h w~, ~,+n b~ dw and pay~bk on the d~e date of the next monthly payment snd each successiw mo~+th thereafter urstil monqs~ee shall notify mortgsyw of ~ chsnps i~ wch ~ amount. Such wms sh+ll be applied by mo~lgagee ~owsrd the payment of real properry ~ ts:es, irssur~nce prem:ums, and mat~age ~uar+nfy irqurance 6 premiwns. ~ IN WIiNESS WHEREOF. the said MORTGAGOR hss hereunto set his hsnd and seal the day snd ~rst sfaesaid. s Sipn~d, S~aled ~nd delMe?~d in fhe preienca of: • - ~ ~ n ~ ence . Burns ~ n aro . , s ,y,n STATE OF FLORIDA ,•,,a=' ;~u~~t1~11~~;~-~:' ~:t courmr oF ; ; ) ~ ~ ~.;~,,4--€ St. Lude ~ ~ ; i~1:~~aR~' c~ - La~rence C. Burns ~ Bef«e m. p..wosOr app~srad ; `a•~•'•'';•': i. fO..s ~i st ~ N+d C re7 S_ ~~rr~s h~.:'v.3f., i~. ~~,~rG~e~i*~.a b. th~ ir~vidwb dacribsd in a+d who ~xecuted ttr forpoinp instrwmnt, and acknowkdp~d befa~ rtii. t~tl~ ~ • c~ • ~F fhellill fxptOStld. AnJ HI! M $ i~ ~ ~ _ • f t ~ , ,~;r. ~ ..w LaWrence C. Burns'~ _ : : ~ ~ : ~/~ry~p~ «i~t v.F?.~. examinstion by me tatun s~puah ~nd apsrt from her ssid husb~nd, sd~nowledped b and befon me that slyi,elJp~t~1 said fr~ and vod+r~ ~ tarily ~d w~thovf any aompub"wo, caatr~int, apprf~'°^ ot fear of o? from h~r said lwsb~nd. .~i~~Cb.~'••.....•• ' WRNE55 my !wd ~nd offici~l ssd tFHS ¦b'= , ~y ~ F 1 A. D: 19 ~ ~ ~ ~ PuWk N+d for th~ Stat~~ Haid~ ~t LarQ~ My expins: Retwn Ta. ~p}~ry ~t! 0~ ~idi ~ ~ Fust f~derd Ssvinps 8 l,oan AssociaY~on Of Fort Pierce. ~ E~Pr~ ' ' Fort Pieru. Flaids ~~M b A~~. ir~ a Caw~. io..~r. - ~c 4 ,s (11~ _ . :~~'iua ~~su This Instrument Prepared By R,ichard g. Kayes Rpd f0 First Federol S~vings b Loan Association ~ERK (ACW OOURj of Fort Pierce ~ F1oY'id8. pEf,?pR0 YEAI~IED u,~~ ~y EEe 18 10 aa ~'I''i't . . . - . 358016 • ` ' e, ' ~ R , • - e(~ i PAGE 4 ~~+t