HomeMy WebLinkAbout0416 To plao~ ~+d coottnuoaly kNp on ?M bulldGl~ ~10W 0/ MfNNp ~ItWf~ 011 1iW (i11d Nld Of1 iII ~Q1l1pIM~N ~Ild Q~f~Of1~IIy OOY~f~ ~ M11f RIOfI¢
+0~ witb all prNniunr thn~on p~id in 1sd4 Insw~nn N tM +aw! ~~~nda.d Po1kY iorn~, in • aww ~pov~d bI? ?h~ MORTGAGEE. and wiodstam
+~wr.~o. ~ d+. ~ aa~d~.d vo~~r fo.~+~, M..w„ .a,.owd br Mortsc~?c~~. ca~.~+y a co~~« a~n. MORTW~i3EE ~ay
~nd aN fin and wind~wrn~ Nawana polkia on ~ny Of NW Nlr M11MNt 1ANfi1 OI pNf NMf~OI, in M» pp~p~~~ wm ~fan+id a
in ~saa iMnol. ~Ml! conbin Hw wwl stand~rd ma~qap» cl~uq a wd~ aM? dwN a N» INo~t9+pM m+Y ?Kw~n. n~MMO tM loa ueidN u~d po1F
dK, Nch M~d wNy. P~Y~bI~ b~aM MORTGAGEE q ib inhtat rMY ~qP~. N~d NcA ~nd ~wry tvtfi polky ~MII b~ pranptly ats:ymd and ditiwr~d b
~Y Mld b~r wtd MORTGA(iEE a fwtlw~ •.a,rlM ro w1d n+o.~pay~ d•W. .nd ~a la. dwn r.n (101 d.y~ tn adv.na ol d+. ~,cpa.Uon of .ach po1k~?. ~o da
s~,~ ~~o saW MOR?GAC~E • r~eNwal tiwnoi. top~th~r with • noeipt for the pr«nium oi wch r~w~y ind ~h~n sMtl b~ no f'u~ a wind~rwm k~wwnc~
pl+ad on any of s~id `bviWinpti N?y in~~nst thaNn a pwt tMraot. untw tn ~h. ton~ .nd wirA ~M Ioa p,yabl. a~ ~fa.+.id, and in ~h. •wm any w~?
~ d nwn~y becoma p.y~bl~ vndK wch policy a policia uid MORTGI1f3EE ahall h~w th~ op~ia+ w r~oNw and ~pply tM ~ on ~cooixN of rh~ ind~W.ei~
~ naa Mcund F?~~by a q pumit uid MpRTGAGORS b ncelw ~nd u» It a~ny par~ tlKr~of fw o~her purpo~ea, wi~hou~ ~ha.eb~ wa~vinp o. aepai.-
~+^y ~4~+~Y. INn or ripM u~dN o~ b~r vtnw of Mb ewrtyap~~ and in iM ~w~u wid MORTGAGORS dwll ta ~ey naan f~p /o kNp tM s~id prMni~ w
~nwnd. a faU w d~liv~r PranWM ~nY of ~ld polici~s of i~awana w aM MqRiGAGEE. a f~it P+~?P~b ~ WY w~N +~Y P~«+?iwn ~henfw w in
nspat i~il b pNfornti dhtharyt. ~x~cvt~, ~H~d, tomplN~, eomply wirt~ ard sWd~ by N~ oovsnant. a~n
Wy fa wch in~wana ot +nY W?~ tMnof- withoW watvinp a aff~cf Y P~? Iwaof. wW MORTGAGEE m~y pl~a and
inp +ef? op~ion, (Mn, ~4~?flY. or riph~ w~ a by vtrtw ot thi~ Mortpp~. u~d tht '
fuu «eowa of .+ch and w.~y wd~ Parmaa ,h~U b. ~n.d~aky dw .nd p.r.bi. a~d .tw~1 M~. u++.nsi hom ~h. daa ~h.~.of un~l pasd a~ ~M .a~ of
~ nk~e pN antu~n p~r urw,n and ropstMr with wtl~ int~?at ihrU b~ wcur~d by th~ 1~+ of thi~ morpap~.
r A. TO p~n~h~ OOmmil Ot suffM eo WMt~. imWinMet Or dNNiOwtlwf of said ptopKly or aely piA 1MnOf.
S. To pay +?II and tMg~rlx th~ oosts, d~.rp.~ .nd ~xp.m.s, ~nctuda~p a..aawbl. mornhr~s f.. .r+d oo.n of aban.en of titb. teeun~d w p+id at
a sny fim~ by ~aid MORTGAGEE, MeauN of N tM ~wM of 1!N failw~ on tir puf of 11» said MORiGA('rOR b elufy. p.omp~ly and fvllp p~?fw~w, daelwrpR
ex~tWw ~lhit. oompl~M, eomP~Y with aed abid~ by sach and ev~ry tM stipubtioeu. prMmenM. ea+ditlaa. ~nd oownw?M .of sdd pamiaory eof~ aed tM~
~ro+D~ +^1i a~i~M.. ~nd ~aid oosp. dwrpa a+id ~xpenks. ~acF? and ~wry, sh~il b~ inw+»d7aqly dw and p~y~bl~t wh~tiw a not tMr~ b~ nwic~ dr
00
n++nd. atKmW to eolNet or wit p~rgJ and tM fv!! xr~o~t ol ant! ~wry wcb piym~nt th~ll 6w inrenst froen tM daM .tMrwf wnU p~W ~t tM
r~te of ain~ pe~ cemum pu anrni+n; and ~Il ssid cats. thar~es and e tncwnd w paid, wpNher with wth int~st, shali b~ Ntw~d br th~ lise of tFdt
^wr~pap~. -
b.~Tiwt (d in the ~wnt o1 any bnacl~ of thi~ Mor~s~ w defavlt an tM pa~t of Nie MORTGAGOt~ or (b) b+ tM w~nt s~r of aid wms d mon~y
henln nfMnd ro b~ ra~ pra'npty and fvlh? wW withtn ~hirty l30) d+y~ erx~ ~fti. tM sam~ s~va~tt~r b~eorn~ dw and p~y+bt~, without d~m+nd a naie~.
or W tn th~ ~w~?t ~sch a+d ewry tM stiputstioro. +9ra«Mnq, cond~tions and sova?~r?n of s~id promis~ory ~~nd th~i mwpap~ any a~itl+ar u~ nos
iv1Y. p?anPdY sad fully pe~formsd, diftl+~r~d, ex~cuted, effectad, comPl~ted. comP~i~d with and abidtd by, tF~~n in ~iNw~ o? any wth ewn~ the said ag
preyat~ svm ma~Noned In wid promh~ory not~ theo ~arntninp unP+Nl. with inrKest ~ccrwd. and all n~oe~y~ ucw~d Mr~by. •MII 6acw++. e!w «+d wr
abt~ fonhwith„ o~ ther~aher, ~t tM aption of said MpRiGAGEE, as fvlir a,d compbt~ly as if ~11 of th~ ~sid svma of nar~ey wKe apin~lfy sGp~rl~ted
to b~ paid oe wch day. u?ythinp in a~id paniuory not~ a b thts Mortpay~ ro tM contrary notwi~hsundinp; ~od tMreupon a thsr~~hu at tM optan of
•+id MORTt~AGEE. witho~t noKC~ w d~mand, wit ~t law a Fn puity. tMr~for~ or.lhar~aka beyvn, may bt pros~cut~d a li all mon~ys ~cund Mr~by
had m~hrnd ptior ro ib (nstitution.
7. That ie~ the went that at fM bpinn;np of w at sny tims pMd'i~g any wit ~rpoe this Mo.ty.pe, w to faeelos~ h, or to nfam N. a to ~nfo?a
paym~nt of ar?p daims hereundN. ~aid 1MORTGAGEE iMll appFy to the Court havinq iurisdidion thereof fw the ~ppointm~nt of a RecNver. wd~ Cowt s1+a11
fwfMvith appaint a rec~iwr of s~id mert~ayed property all and airgula?, tndud~++p aii and sinputu tM incant. ~ofiri, isswa and nwnws trom wh~t~ver
wwa duiwd. ~ach and ~vsry of which. it b~inp expressly undas~ood. ts hu~by mo.~Qapa~ af if spec~ficallr kt fa~h and d~svibeJ in tin pranrinp and
MbN+d~Nn ctawes Mrwf, snd wch Reoetr~r ~heN }~aw all th~ boad and effect;re furxtiwn ind powas y~ ~rwi~ ~ntrust~d by • Court to a Reoeiva, and
such sppointmMt ~hall be mad~ by wch Cou~f q~n sdmittcd aqvity ~nd a nwtter of absolwe right b wid MflitTf~J~E~ ~•.withovl nfersr~p to tM
+dpu+cY a in+dW~»~Y of tM valw of tFw Propab mo?r9s~d w fo rM so~vency or ;nwlv~ncy of sdd MORTCiAGOR .nr ttw defsndan». and ~lat wch
renM, pofib. Mca~N. issuss +nd rtvenws ~hs{I b~ ~ppli~d by uxh Receive~ accordirp to_ 1M (iM a pvity of ssid ~MQI~TG~GEE and tM pr~ctioe of such
CouA. ~ . • . , . , . r. _ .
d. To dvly. pra~'iptly and fulb Pafwm, d'nchar~, execute, eff~d. canPlete, comP~Y with ~nd abid~ b1? s~d? ~+d ~y thi stipul~fiorv. +D~tt.
co~~iaa +nd oover~nts in +tid promissory not: ~nd this mo~tpa~ set f«th.
9. Th~t in th~ wsnt the oMrtiership of the mat9+~+~ P~~~s. a+^Y P~ thereof, bec+oews wst~d in • perw~ othK thu? th~ MOfiTGAGOR. tl»
MORTGI?GEE. its s~uussws +nd +ssipns, msy. wiehout norice to the MORTGAOR, deal with wd~ succesaor w wccessur in ;ntsresf wifh rsfer~nce to this ~
^wr?ype s~d rbe debt hNebp sacwed in tht ur~ n»mer as w;ti~ Mwtp~go. wAhwt in u~y ~ way vit~atinD or d~sch+?pinp th~ Mwtypors' liability !w?_ ~
under a upon the debt her~by securad. No ~ale of the premises hereby mortp~p~d and no fwb~sra~e a? th~ put of th~ MORTGAGEE a its suocesson +
or assipns and no extension of ths time for the payment of tM debt hereby ucwed ~iven by ths MORiCsAGEE or Fts suceasors p~ssiprq, sh~ll opaat*
np
to rekase, dischsr~ modify dwnp~ or affect ths wip;nal liab~liry of the MORTGAGOR ha~iry eitMr in wlwf~ a ln p~rt.
10. It is spsafically a~reed ~Mt time b of th~ essence of rha coptract ~nd th~t np wrivK of ~ny obli~aran her~under a of th~ obligatioo ar ~
wred h~r~by alull N any Wra thereahe? 6s Mld to ~M a waivet bf thF terfM'hereoi o~ ~ 4ki imtnrrnent uarred herby.
t t. tn addition to fhe fa~go'.eg monthly paymenh ot pra~c'pal ind i~IfNNf tfQtJLCd Efy tIM ~pro~n;s*o~y rwt~ secwed hsreby,• nwrtpapor oov~narus
snd syrees to pay-p mqrep~ee with esch monrhlY paYm~nt +n +dd~rioewt sum estimafed b~r mortpag~t to b~ eqwi a 1/i4 oi N~ snnual cost of th~ fdlow-
u'g` - - ~
A-All real property taxes leried ,p~ sssessed apatn~t the abo,re d~scribed real esut~, a -
8-Premivms on fire and w'u~dsrorm inwr+nce u herein requ:red lo be carried on the improvements siwate on ths above described premis~s.
C-Premivms on such mortgags 9uoranty inswance as mortga~ee shsll from t~me to time deem fit to carry on tFw loan secured hereby.
Matg~~ee sh~ll fran time to time ndHfy mortgayw iii'writinp of ths amo~ef 'due and payable herew~de~ ind sud~ wm sh~ll tt+ereupw~ be du~ ~nd
PaY~bl~ on tM dw date of th~ ne~e monthlY P~Yrr»nt and ~ad~ wccauivs' month -th~reafter unti) n+orqqee shsq notify mo~t9+~or of ~ d~+n~s M+ wch
amo~~t. Such svms shall be ~pplied by mortgagee tows?d the payment of real property taxes, insurancf prem:ums, and mo~tyspe 9usaniy i~svrarKe
Prem'nwra• .
IN WITIVESS WHEREOF, thQ :+id MORTGAGOR has hereunto stt his hand snd sest the day and year t oresaid.
Siprnd, Swf~d and deliwred ln th~ presance of: f L ,
-
L10 d Or ~
- 4
Clotilde F•,~_ - q
STATE OF KORIDA ~ ~ f ~9~i~i `
~ ~ ~ ~ =
~ ~
St . L11Cie ~ ! _ .
COUNTY OF _ ''*~.,.0 ^ ~s'j.,
e.fo.. m. p«sonsUy ~ppe..ea Lloyd Tay lor ~ _ ~ ~ vYi = ~ . ~
and
Clotilde F. Tay2or - ; ~ , - . . : • _ ~
hts wif.; fs tM.~v}~ ~ ~1b~
th~ infiivjdwb desvibed in and who exeout~d tlts fotgoig instnxnn~t. ~nd ~du+owkdp~d befort m~ th+t ~r c~~~~ tpr
,~e~, .,y,,.,,.d, ~ ,i,~ „ C2otilde F. Ta lor ~ , .
,,,,ir. ot ,.~d Llo d ?a lor ) •
w,.~%. ~,.?,~:.~a
ex~min,tion bp nne t.k«, sepa..+. .na ,p..t r.ono h.. s.ia lw~band. .du+awl.dy.d a.na b.fo.. m. that .h. ex~art ~fi~~,~l;~p.b:.~y .na wlui.
rarily ~nd withovt any c,ompulsion, m+ntnint. ~ppre~;^~°~,~ o~r fear of a from Iwr sald
WtTNESS my hand u+t! offitial seal t6i~ ( d:._ ~y ~ A. D. i9~
M+~Y k tn +~d (or th~ Sfat~ of Flwida ~t tarpe
Return Ta
fi.st Fdea~ saving. a lox, Au«iatan MOt+ry ~c. State of Floridi ~t Li/Q~
Of Fort p~erce. ~ ~p~fi00 EspflS ~IIq. 30. 1980
Forr Pierce. Flaida M.a~ b~••~.. ~w a e.s..w co.rw
~ ~f0 AMO itfCORO~
. s~ ~uciE couKTr F~~.
This Instrument Prepared By flona ld B. Hughe a RaQER ~OlfpAs
CIERK CIRCUIT CpURT
First Federal Savings d~ Loan Association ~tECORO YERlilEO
of Fort Pierce , R 1or ida
gy : _ ~ . ~ . ffs ! 8 i o3 PH'~~
- ~ ~ ~ - >j'
ec ~ t~cE ~
~