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HomeMy WebLinkAbout0541 ~ ~ ~ ~ i To plan and caNiewo~nly kHp on tM buikli~ps ~aw a hN~aftK ~iniab on atd land ~nd on ~II pvlpnwM and pawn~lly ao~wr~d by thi~ iaaq~ p~ wlth ~Np~ ~miwns tF~~on piid in full, fin i~wanc~ N tl» wwl u~nd~rd poliry fonn. b~ wm +pp~owd by 1M MORTW?GEE. and wind~toMs kwana h tM ww) ~Nnda.d pol~cy fan~ in • wen +pprowd by tlr NIORiWIGEE, fn w~d~ oa~ny or oanpanhs M tM MORTGAGEE n~ay ina~ «id .it ttn ~nd win~ha~n~ ~mwa+?o. pdida on N?y of ~ bu+M)'w+pa. Mw intaMt +h«.In a v+~ ~wf. in tly ppnp.a ~wn donwid a ~`"'1 In ~caa thwwf. ~MII cont~in th~ usual uMd+rd mor?qap» dauw a such o~lrr dwN N tlr MaqapN m+1? hV~?~ ~~^i Nr loa w+dn uid pol~ r"~ c+.a. «ch «+d w«y. araa. ro wd MoktGAGEE a~a in~.r.s~ m.r •ao•+~. «d .sch .~d •+n.p wcA pak~? ~h.U b. nro~w~h? a.qn.a .nd d.uwnd a s ~ny MJd by ~ld MORtGA(3EE a fvnMr Na+rity w s~W nwrt~ape d~bt. ud. ~~01 1p~ ~h~n t~n (10) d~ri in ~dvana of tM ~xpfrNioe~ M~ach poiky. to dr t1vM w aW AA~ONTGAGEE • nMw~l 1Mrwf. top~~ wNh ~ huip~ ia tM prmhMn ot wd~ ~ewd~ ~nd thaa ahall b~ no fin a wMd~~am M~wanca pt~pd on an~l of wid bvildlnp~. ~nY Mtare~t N~? w pwt IMhof. uni~ M tM ien~ ~nd wNA 1M low pay~bl~ a~fa~aidt ~nd M tlr ~wM an~? w~n - of mon~y b~oomn p~raW~ w+dw wch policy w policia ~+W MORTGA<3EE ~R haw N» option to no~iw ~nd ~ppiy th~ ~ on acaount of th~ irwl~bt~ ~ • n.W Ncw~d h~r~l a a p.~mir s.d MWtTGAGORS a r.a~w and w~ h a anr p~n fMr.of fw olha pwpa~a, witho~t 1Mrsb~ w~ivinp a wnpair ~+^Y ~b. ~i~n a ~i~lu w~ a b~r virn» of M~ mat~app ~nd in tM wMt wid AAORTGAGORS ~h+U fa any ~~aan fa~ ~o kNp ~ aid prmh~s w ~~+r~ Mwr~, a f~il to ddivw P~a~Mh? +eY of said polkNs of Insw~na ~s s~td IWORT(iAGfE. or (as1 vranWM ro Wp h+?h vr«~iwn tha~fa a in any 4 n:p~ct fail b p~rforel, dacharQ~. ~awrt~. ~fhcf, oompNt~, oa^P~y wGh and ~bMN br IM~ eow~+f. a~ parf Iw~of. s~ld MORT6AGEE wwy pl~a ~nd i {`~j a1? for sud~ Y»~..~c. ««?1? W.+ tMnaf witl~ov+ w.lvwq w.fhc~~^Y «w aP«n. N.n, .avin. «.ipA+ und.. « by ~w o1 thi, Mo.+q.p~, «+a d+. ~ tvll ~n~owu of Nth aod way wcA payeNm shdi b~ bm+~distNy dw ~nd py~Wt and ~MII bw knKpf ftom th~ d~b 1Mr~o1 untU paW at 1h~ a1~ d • akr pM a~ntum pN am~ee and toyetl+N with wd~ M+t~.at ~MII b~ aew~d by 1M (iM? ot Mk mortpap~. , 1. To p~rmit. aomrat a wffK ea wal~. i~apiJrm~nt a d~eerio~atio~ of said propNry or ~ny p~rt tMnof. S. To P+Y all and skpul~r th~ oosh. ch~rpM and ~xp~ns~„ MKh+dinp ~ na~aubM ~tw~n~y's fM and aosta of abstracn ot tiN~, tncwnd a p~id a1 sny ti~r~ by wid MORiGAGEE. b~ca~a~ or in th~ wMt d tlr fa;lvr~ on tM pw~ of ~M aid MORTGAGOR to dulr. Pro+ei?tN +nd fvily pKforn~. d'acharp~t i ~x~cua. ~ihd. compl~». oomplY wi~h «~d .bid. by ~ad+ a+d wary th. sr~sriwr, pha+~a, ca+di~ioti. .nd aowe.nn ~ utd prani•wry eon and rhi~ ~ nartpap~ an1? or ~itM?. and s~id eosts, dwq~s and ~xp~r~a, Neh u~d ev~ry. ~haN b~ k~iaMY dw Md payabbs wMtMr p ea1 tl~~ b~ e~ia d~ , mand at?empt ro ootNid a wit pse?dinyj and N» fvll amoa+t of Nd~ ;wd ~w*Y ~ WY~ shau b~a? Int~nat fran tM dst~ M»?~of wnii p~id ~t th~ ra~e oi nin~ pa c~ntum per ~wm; u~d all ~aid aosn, cMrpa and ~apaeses incw~~d a paid, top~thu with wd? intapt, ah~ll b~ a~cw~d by th~ lia~ of tiw morp+pw i s 6. 1Mt (a) 4~ the ~wst of ~ryr br~ach of ti~is Mortyp~ or d~fwN an tlr pKt of tM MORTGAGOR. a(b) in 1!~ w~ ~ny of pid wrm of mon~y t I+sr~in r~hn~d w b~ not pranptly ~ed fu11y p~~d vv~thin Mirty (30f days ~wx~ ahK tM same s~vKatfy 1»eom~ dw ~nd Wr+bM. wi~how dun~nd or notie~, f a W in tM ~wnt ~ad~ and ~y ~h~ s~briom, ~pr~b. cond;tions and oowMnn of ~aid pomiawy ~ot~ and tMs mapape ~np a~itha an nw iuly. promprly ~nd tully pKform~d, d'ach~rpsd. ~x~wt~d. ~ff~ct~d, compi~t~, aomplisd wi~h and abid~d tiy. Nwn in titMr a aMr wd~ wMt th~ s~id ~ Qreya~ wm m.~tior»d in uid prombso~y eot~ tMo ~&~in~ unpaid, with intertst aarwd, a~d all moryys ~and ha~by. ahall b~oonN dw ~nd pa~r able lonhwith„ a theiNfta, d th~ op~ion of said MORTGAGEE, u fuly ud comple~~ly ~s if dl of t!w said wms of momy w~n a~ptn~~ly st~puw~~d w be paid on wch day. anytNnp in wid p~omis~ory noN a in this Martpap~ to tM contrary nawi~Mtandinpr and rMr~upon a tha~ahe? at tM opNon of said IitiORTGAGEE, without ~otin or d~m++~ wit ~t law w 3n ~quity, tMrdoh or th~r~aher bequn. mar b~ prw~wted a H ali momys Nux~d Mnby h+d m~tw~d pria to its institution. - 7. ih~t In tM ~wm N+at N~ b~pim+inp of a M aey tinr p~ndinp sny wit upw+ thi~ A1lortp~, w fo toncloa if. or b r~fonn It, a b~nfo?a WY~~ of anp dairm Mrw~. aid AAORTGAGEE aball apply to th~ Court havinp jwisd?cian therwf ta the ~ppointm~M of a R~aivw. suc}~ Cowt ~MII forthwith ~ppoint ~ rsaiwr of s+id n+ortq~yad p~oparly dl and ainpular. tnchid~np ~II ~nd sw~pul~r the M~oom~ Pro~itt,, fatwa ~nd nv~rw~s fran whaqve~ wwo~ dKirad. wch ~nd w«y of whKh, h b~inp ~~~ssly w~dus~ood, a hersby mortpaged as lf apeufiallY set foHh and d~d in tM pr~ntinp aed habMdurn da~sa Iwwf, and wth Recdvw shatl h~w all tF~ broad and effactiw functions snd powen in any~wis~ ~nn~aqd by ~ Court to ~ Reaiwr, ~nd sucA ~ppohtm~M sh+ll b~ m+d~ by wch Cov~t a an admitted eqvity and a m~tter of ~b~olut~ ripht to s~id AAORiGl1GEE, ~nd withovl /sf~rN+c~ b tM adpuacy o~ &wd.qvacr of rh. valw of ~hs popa~ mo.rpaped or ro rhe ~oweecy a~nwlw~cy d sa~d MORTGI?GOR a Hr defMdams, and rha~ wd~ r~nea. profits. inown~, b~ws and rwenw~ sM0 be .aPP~~ bl? wch R~ceivK acaordinp to th~ ti~n or puity of wid MiORTGAGEE and tM paetia of wcA Cowt. 8. To duly. Promptly and fully puform. discharps. ~xecute. effect, aanP4te, oon~ly with ~nd abid~ by Mch sad wKy th~ stipulations. +prNm~nti. conditioro ard covuunb in a~id promaxxy not~ and tha mortpsp~ set tonh. 9. Th~t in tM evem tM own~rship of th~ ~norty+yed qanpes. a u~y put'thereof. becanes v~st4d ln a perwn o~fwr th~n th~ lNORTG~IGOR. th~ ~ MORTGAGEE, in wcu~.+ors srd augra, m+1?, withour norice ro the AAORTGNOR, desl yvith wch wcc~s~w w woussa in intenst with nferenu a this mwtp+p~ uid ?he d~M her~by s~cw~d in th~ ww. inarr+e. as wh~ Maqapbr witMut in any way vitiaNnp a d~uJwpiop the Morq~po.s' I1+WIitp hu~ unds+. or upon dr d~M; Mt . ~cv~d. No sdt of, th~ Prem~+es hsre¢~r- nwrt~ry~d +Rd r?s /MbN?~ on ,Nr pM; ef tlr Iy1QRTG1?GfE or ib ~uaassors ~ or ~uiym sod no extenslon~ the lime fa 1h~ p~y~nt of t}~e dsbt hereby stcw~d 91vei? by tM MO[1GAGEE or ifi sucquo~i ot qaipri~„ ~II op~rat~ ro r~1e+w. disc~p~, modih dwg~ ot ~ffact. ~ qripinal .1i+biGry? of tM ANORiGIN6pR ' Iwr~i~b Mti~ in- vaMb w~7n' pirt. = ' - 10. h ts ap~aNcslly a~~e~d that tls+~ k af tb~ a~+ce of thb coeMran and th~1 na M~~iv~r, d ~ny oblip~tipn Mr~udM or lof ihe abltp~floq~ ~r cvrd 1wt~bY shdl st anr time rlweaft~r b~ htW ro bt waiva of ths lams herwf or of th~ irotn~nt wqired Mtbr. . i i. In addition to the fatyo:+g monthly piymer?ti of princ:pil and interest rpui?ed by th~ piomit~ory noM secvred h~reby. mapipor oow~rnts and agrees to p~y ro mortyape~ w~th ~ad+ monthlY p~Ym~nt an ~dd~eronsl sum estimated bY mortyapet ro be pu+l to 1/12 of tM snw~l cost of th~ fdbw- ing: ' , A-AIt real praperry qzes kvied a as~essed aQaimt the ibow desc~ibed real esate. - B-Premiums on firo a~+d wiodstam inswarroe ss herein requ:~ed w be unled o~ the irnprovwn~nn i~tw» on Nw sbove ~ibed~ primisa. C-Prem~wya on wch mo?l~+ge ywranty insunnc~_ a nwrqays~ ~b+ti .froeei time t0 tin~e deMn fit w carry a? th~ (o~n~se~w~el lierally. Matyagee shsll irom tirr~ to time not~fy mwtgapor in writinp of th~ ~mouat due ind payabk heraw~der ud sucb swm shall tharwpon b~ due snd paYabla on the dve date of tF~e next montAlY payment and ~sch s~ncessive month thereafier until maty~pae shsll notify mortp~pw of a cMnpt in wch amount. Such sums shaU b~ applled by mongsgee toward the p~yment of re+l property taxes, inwr~nce prsm;ums, and mwpap~ 9wranty inwrar~cs premiwm. . !N WITNESS WHEREOF, the said MORTGAGOR has hereuroo ~et his INr+d and sesl the d~y and year fint for ~ d. Sqn~, Swld and ddivered in Nw pesenn of: ~~~~r~~ r ~~i~if~ ichae doste n 1__ • a. 1. 3o~_r.~.~ Q f. , • ~ i ~ i OL°~' A [ anne M. Costello STATE Of FLORIDA ~ COUNTY OF St . L1lC~ - } ~ e.fo.. m. pvsoru~h ,pp.,,.d lrlichael J. Costello ,~,d ~ Jea?nne M. CostQ o ti;. M,yte, ro m. vw~~ known .nd known w m. ~o b. ~ the i~vidwb d~~oribsd in ~nd who ex~cvtd ~i» fa~oirg iruNuewit. ~nd ackrawledpsd befon me that tMy ~x~wted th~ ~ fw tM purpos~s ~~ey~ ~p~. ~ ~ Jeanne M • CO St@110 ~ w;i! ~ ,ti. w;~ Michael J. Costello ~ ,~,h ~ examin~tion by me t~keei sep~rat~ ~nd ipan from Fw~ said husb+nd. aduwwlad?~d to a~c! befon reN tMt ahe ~ucuted ~id iiut~H fr~ely and votue~ rarily and w~than aay compubion, corovaint, appret~aion, w f~a of ar from Mr sa+d Fwaband. ' WITNESS ~ny h~nd and oHici~l s~al this / 7~ day A. D. 19 77 ~ - /trt/ ~ LtM..~ f Notary PuWic b~ ~nd for tlw Stab of ~t b~ ~ N?y cwnmiss~on .~pi...: Attgu,s't.'~ ' 980 ~ Retvm ta r _ ~'?s ~ ~ € fint fydKd S~virqs i loan /ktociation _ , . ' ~ ~;:~7 / . ~ Of Fort Pierct. ' ~t~~. ~',~-`':Ti'• ~.t.. P;~.~. F~.~ ~~164 = : . . ~ ~ _ r ~,"«;;~.s: L . ~ : _ - ~ ' _ ,"~,'y- • ' ~ • ~ ~ • ' t; ~ Bllvrood t This Instrument Prepared By GaZy F . ~ ~ ~ " . First Federal Savings b loan Association -~r'~~ ~'•~Q~`~ ~ : • of fort Pierce ,Florida f EO ANO RE00 ~ ~ ~h~~ gy ~T i~WCIE COIiMt~~ ~ AOO~R P~It!!~1! ' . wCL~Itt C1aC COURi ~ ~ . ~V~O 3 . ''fEb'11 t~aS AM'~'t• ~ t~a ~IIeE 5~ ~