HomeMy WebLinkAbout0358 To p~.o. .nd ca,~in~wu~ty ke.p on eh. bvudfnp~ now a lwr~aftN ~t~ua~ on ~~id land a~d oe ~11 eqv~m Md P~~h 'oov+r~d b1? thh ~naq~
p~, witA dl pnw~him~ tMnon paid in full, fin M+wrantt in tM uswl ~tandard policy fana, in ~ swn ap{xowd by tM MQRTGAGfE. and wiad~M+rn~
Nwnna M tM uswl pandnd Policb forn~, in wen ~pprowd by tM MORTGA~iEE. N arcb canpanY w ao~+pani~s M fly MORTGIIGE! nw~
dlnctt ~nd alt fin and wind~tonn j~awana policiM on ~ny oi wW bullduip~, ~nr inhn~t M~aNn a prf N+~r~of, in Hr aOp~p+h wm ator~W a
M~xaa ~h~noi, ~If con?atn tM ww1 ~tandard mo~~papw dauN a wd~ al~ davs~ a~ tM Morq+pN m+~? nq~ru~. n~+k1~q th~ lou w~da wid poli~
d~, wtA and ~wry. MYabh lo NW MOR1GAf3EE p ib inNrMt may ~pp~sr. ~nd ~atA and ~wry wch pollry ~II b~ pa~tly atqn~d and d~iiwt~d W
Mq? Mld by Nid MORTGAtiEE a fw1Mr Ncwtf~l ro sald mo~tpap~ eMbf. and, I~ot Iq~ MM1 t~n (10'1 d~jn Mt advant~ ol 11N ~xpMafion of Nch polkY. t0 ~M-
~iva b ~aW N10RiGAGEE • nMwal thtrwf. wp~tMr with ~~pip~ tor th~ pr~miwn of wch r~new~lj ~nd t!»r* ~i?~II b~ no fk~ a windilorm inaww~t~ ,
P~~d an any of aid b~IWinp~, ~ny M~h.Nt tMr~4+ or part thKwf. unMs~ ie {M fonn ~nd wi~b th~ Iws Wy+bN a~ta~ and fn 1M ~wnt arqr wn+
of moMY b~coma p~raW~ undM wd+ polky a polici~s s.id MORTGAGEE shall t»w ~ oplion a rK~lv~ and ~pptp th~ sanM on ataount d tM Md~bNd
Ma wcvrd l~+~by o~ b pKmi1 said MORTGAGORS to npiw and u~ M or ~~y pan N~nof for othe? pwposea, without 1!?ereb~ waivinp p impak-
~ ~ Mq +~1r pvib. IMn a~ph~ awl.? a by virfu~ of N+N mor.p~r and in dM ~v.m wW MORTGAGORS ahill fa any .wwr? f~H to kNp Nr aid p?«niws w
• tewwd. w f~U b d~1ivK P?ompth? +~w ot said polieies of in~wa~+w ro ~aid MOkTGAGEE, o. t,u a~h a ar fi,itr ~ny pr~miun+ tM~~fw a b~r?y
~ v?tip~et fatl ~o pafonn, dnel?~g~. ~x~a,n, ~ffKt. comPbt~, oompiy wtih and +WeM by M~iti coveMnt, a MY Pu~ ht~wf. aid MORTGAGEE ~may pt+a ~nd
P+y ~o~ w~d~ i~aw.r~ o~ any put tM.wf wttAan w~lvinp a~ff~ctinp +ih? 'oWion. tiab ~quih?, w~ipM wxbr a b~r vbtw of thit AAorp+p~, and tM
ivll ar~ount of ach ~nd ~w.y wcA p~~nt sh~ll b~ MnnMdiat~ly dw and p~y~bl~ aod ~hall b~a~ inbral from ~M dat~ tMnof until paid ~t tM ~~N ol
nin~ p~r antwn pK a~vwm and topahx with such kuaat sluli M s~cw~d by tM li~n of Nw,mortp~p~.
I. To P~rndt. ao~mnit a suffu ~o waN, imP+km~nt a d~terioratbn of ~aid propKty ar ~ny p~i tMrwf.
S. To pay all ~nd finpul~r t!» co~y, dwrpN and ~Xperws, G~d~p a~ao~ubl~ ~ttanwyr~ fp and cosn of absa~da of tHl~ incwr~d or p~id at
.ny Wm by s.id MORTGAGEE, baaw~ or in ~M ~wnt of tM f~ilw~ oe~ tM pat of ~-s~id MORTGAGOR a duly, p~omp~r and fully pKfan~, ~sd,ary~
~x~sut~, ~ffed: oomPb». oomply with and abid~ !nr ~ad~ and w~ry th~ stip~rl+t~orM, +pte~n~ts. aawlitiorq, ~nd oov~euntf o~f s~W paeiaory eaM and thb
m+nd~ +tt~mPt to coll~ct or wit ~~t full
a~
m
M ~ach ~
ewry ,such irmnsdiat~y dw «?d pay~bi~t wMti+K a no~ tMn b~ noria dr '
nte of nin~ ~ WY~?t aFull b~ ir?~e?~st trpn 1M dat~ tF~eol wnil p~id ~t the ~
per centum pe~ u:~wm; and titl iaid oos~s, chupos and eapen~et incurrd a p+M~. top~tlwr with such tntant, slwll b~ Nound by tM li~n of thU
^wrt~a~, ' . .
b. ifwl W in tM: ~wnt of any br~ach of this Malp~pe a d~favlt on th~ parl of the MORTGAGOR, or (b) Fn tM wMt any of faid wer d e+on~y
htnin nfwnd to b~ not promptfy and fvly paid witi+in th'ut~r i30) d~ys n~x~ ~(~w tM sur~e avw~Ify b~cams dw"~nd payabb. without d~mud q notia,
e? W in ~M ~vem e+ch and ~very rh~ stipuNtioos„ aynemsnts. conditions snd cov~n~nb of ~aid p.omiuwy nme and th~s mwpape ~ny a~ither u~ no1
iuly. ptanptly and f~lly PNform~d. discMrped. ~xeeut~ ~ffacted. canpbtd. ooenP~i~d with aed ~bid~t! dy. tMn tn ~itMr o? any wth ~v«t1 11» s~id aQ
pre9+M surn erNnYantd ie sNd promkfary not~ tMn t~nalntnp w~a~d. ~with int~rest aarwd, and ali montyt ncur~d I~~bY. sMii beoonr dw and p~y~
•bN torthrvith, or ~hsrsaha. ~t the option of said MpRTGAGEE. as fulfy i~d completely as ii atl of fl» s~id wms of moMy w~?~ org;n~ly ~tipulned
to 6e paid on such day. +nYthWp tn sa;d prom~sso.y rwa o? ln rhis Map.p~ ro rhe oonnary nawiihs~andinp; and rMrwpon w ~hsr.~fr~r a~ rhe op~~on of
s.id MORTGAGEE, wirho~f eoric~ a d~aixl, wit at !aw u h pviry. tlw.dors o~ Mereafser bpvn, may be prosecw~d ~s if all mon~y~ ~ewnd Mnby -
had matwsd p.~or ro its im~in,rior?. .
7. ?h~f in th~ evenf that at the bsgGmGg of or ~f ~r~y tin» pendieg ~ny wit upon thts Mo.t~aay~, or ro forxlos~ b. o? to nfoae H, a to ~nforq
Wyment of ury dsims herevnder, sak! N1pRTGAGEE shall apply to the Coort Mvirg juriadinio~ thereof for tM appoioanent of ~ Rec~ivK, wch Cowt sh~ll
Forthwith ~ppoint a rae~iwr of said mortps~d propMy ~I) u?d sirgul~r, intlud„g all ~nd sinp~lK tM incoen~, p?of~b, isw~s a~d nwnw~ fran wh~tevN
~owa d~riwd each ~nd ~wry o/ which, it beinp ~xpessly undrstood, is hereby matya~ed ~s if spacifiulty s~t fwth and dsw~ed in th~ pranY and
h+Mndwn clav+~s hereof. ~nd such Reaiver shsll have ~II th~ broad w~d effectiw fu~ct~o~s and poweca In snywiss entrwtad by s Coun ro a Rsce
~ir. ~nd
wd+ appointmem sh~11 bs mad~ by s~ch Court as ~n admifted equity and ~ m~tte~ of ~bsoloN riyAt b siid MORTt~AraEE, ~nd witbwrt r~feraia to 1!r
+dsqu+cY o? in~dequ+ty of th~ valw of the propary mort9ped or to th~ sotvencp or insolwncy of sdd MpRTGAGOR or the defend~nt~, ~nd that wch
renfs„ profits, incwn~, iswes and r~wiw»s sMll b~ applia! by wd~ Raceiver ~cowdinp a NM IiM a~iry of ~ s~id IYIOATGAGEE and the p~auicr of wch
Coutt. •
s. To duly. wompry and fvlb w.fom, dach.r9e, txewt~. ~ff~ct, compkte, canply with and aWd~ by wch:and apry the stfpul~tio% +p?~ments.
conditbm and ooverwnn b? sa?d promisswr not~ snd ~hh morrqa~ ~e~ fatR
9. That in th~ tvent tM ow~ership of ths mo~t9+yed PremiNS. w~y pan tF~crcof. becanes vestd in i p~rwn otMr fh~n ih~ MORTGAGOR. NN
MORTGAGEE. bs svccss+as and usipns, may, withow notke to the NWRTGAOR, desl witb s~rch wcceswr a waessor in interest with referer~ 1o this
mw~yape u+d the debt ha+eby secured in the same manner as with Matgapp witho~t in any way viYatinp a disclw~yirg the Morty~pon' liabilitp hKr
under a upon the debf her.by ascwed. No s.b of the pr~mises he.eby mo.tqa~ed and e,o forbearana on the puf of rh~ 1NORiGAGEE w its wocesfors
w assgm u~d no extension of the tun~ fw tha p~yment of tM debt hereby secwed given by tM MORTGAGEE w its wccessors or utipra, ~hall opwat~
to nleas~, difchup~. modify cMnp~ qr affect tM.oripiaal ~iability.of the MOi~TGl1GOR (w~iq, ~iM~u in vrhol~ or ~ pat. -
10. It is specif'Kally ~ead 1hat, finr i~ of ths sss.er+n .ot this ao~nd and that /a waivsr of: +eY obl+y+tior+ henetnd~e or of th~ oblip+tion s?
wrad I~ueb~r ah~11 ~t sny time tF~saftN be heW to be ~ waive~ of tM tums lrrwf w of tM inurwnem wwred hsrby.
11: In addition to the forego:ng monthlY parments of _princ'pal and interest ipui~ed by the p~omissory rrote sec~red he?eby mortg~por eove~anh
and ~yrees ~o psy eo niortysge~ with esd~ mw+tfilY P~Ymem ~n iddiNonsl wm ei~imated 6y mort9+p~e to be equal b i/12 of the ennual cost of the fdbw-
In9~ . , . _ • _ . . . . -
A-All real property tsxes kvied w auessed apainst the sbove described resl esteta
B-Premivms on fire ~nd windstarm insvrance a hefein requ'aed to be urried on the improvamenq situate on ti+e ~bwe desuibed premues,
C-Premiums on ~ch ~nortgage yvaranty,Enswance~ as mopgapee, sh~It from time to, time deem fit tp csrry on the taan seared hereby,
MartQagee shall from time to time notiiy ~nort~9°~ ~ uf wr;f~np of 1hs amount due snd ~abk here~ndsr and such sum shatl therwpon bs dw aod
payabl~ o~ lhe dw date d tFie next monthtY P+Y~ +^d e+d~' waessiw mont6 thereafter unHl mortys~ed shsll notify inortyapor uf a dwrg~ in s~d+
amo~ot. S~d? wms shall be spp(ied by mwtgagee toward the psyment of reat propeAy tsxes, i~su~anq prem:urru, and rno~aye p,uraMy irywyr~e
Premit~s-
IN WRNESS. WNEREOf, the said MORTGAGOR has hereunto set his hand and seal the day and y~u t sfwesaid.
~Siprwd~, S~s~a~1d,/ ~nd delivw~d in tM p~wnos of:
~.Yld~l t1. ~ilc~O -
ar L. ' 1 ace n
~ii~ A~. /
R A W .
Q
+
STATE OF fLORIDA :~``~?~t 1il ftic .,s..
SS. -':`~``L~i'••~~~~~O~,hr~
courmr oF - St . Lucie ~ .~t .
~ ~i`%sqr_
e.to.. ~no~uy,~....a Earl L. Wal2ace c 1 •4 «+d
~ tt~,ith A. Wallace '
fw wif., to. ep~!w~l_ kuowe and to-b~
the k+fiivhdwb d«v;bed in and who uecwed fh~~fwpanp instru~n~M, and ~cf~nowlecl~sd befon n+~ tlwt
rhe.esn ~xpress.d. /md tM Ru t h A. Wa 11 ace s~"'P°"'
: • "
w~r• of +i+. ..w " ~aY' 1 L. Wa l lace " ~
exirnieaYa~ by me taken ~epsnfe and apart fran her said hutbind. ~duwMrldped to and befa~ m~ tlwt sh~ s~' ~ ' a~d voFn~
i
I ' '•~~tl~-~~
f~ ~ae~
~a~iFy and wi~lau! sny compvlsTon, coratraint sppr or f~ar of a from her sa' 7 J ~7?
WITNESS ny lvnd and official seal th:a ~ of '~'~'~~s~.ni,c•.~'`' /
A. D. 19~
Notary Pvb k in for th~ Stat~ d Norida ~t Lup~
A~~,.~ T~:
µy o{ Haldl at tt~
Fint F.d...~ s.~inps a tosn Astoc~.ran M1? C~1~sio~ E~ 30. 1980
Of Fort P~eru. iwMa hr A~er ti~ ~ Caw~~ ~w+~I
Fwt Pieae. Fbrida .
g
This Instrument Prepared By Q. B. Poinciexter _ ~~fi
First Federal Savings d~ Laan Association ~ Rj ~
af Fort Pierce, F' lor i da
cr,~~a By - ~ . . f~~ 18. I~ 4v .
~ . ~7 35801'~
i ~ ~