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HomeMy WebLinkAbout0432 ' To pl~c~ ~nd con?in~ro~~ly kNp on ~M bu~:dinq~ now a Mr~~frN v~v~~~ on ~~~d 4nd N+d o~ ~II p~ipm~m ~rd p~rwn~lly cova~d by tAi~ mat¢ p~. w~th ~il pr~mivnu tMrwn pa~d in futl, Hn inwnnc~ in ~M wwi uu+dud policy fam, in • wm •pp.ov.d b~ tM MORiGAGEE, ~nd wind~tonn iniw~nc~ in tM u~wl aaad~~d pol~cy lam, G? ~ wm ~pprov~d Ey tM MQRTGAGEE, in wch compu~y a canp~niN a tM MORTG/WEE ~y dk~j ~nd all fu~ u~d w~+ds~wm 1?uwa~u ppIKN~ on ~ny of Ni{I bH~ldup~, My If~l~f~~) tFyffU1 W pMt tMfW1, in ~M pprpu~ w~+ ~(a~W a tn ~ac~ss iha~of, ~hall comain tM vsual ~~~ndwd matppN cl~uw a iuch o~F?K tlww k tM MatppN m~y rp~"u~, m~1~M+p IM bu ve~dM u~d pol~ - cin. eech ar+d ~rery. payab:s ro~a:d btORiGAGEE as :t~ Fntars~t may ipp~ar, u?d and •~a.y .,,c,t~ a,;:cr ~na:t a~~ry ~uqn~d and d~l~v~rsd ro •ny MW by uid MORTGAGEE ~s (urlhN Ncv~ity ro Nid nw~19p~ d~bt, u~d, na I~w rhw? ~~n (10I d~y~ 1n ~dv~nc~ oi ~h~ ~aplr~~ion of ~~ch polky, ro dr IivN ~o wid MORTGAGEE • IfMW~I tMf~O~, top~~lw~ witA • ~~t~ip~ fa rM pnmlwn of sucA r~n~w~l; ~e~d ~Mr~ ~AaII b~ no (in a winduam Guuru~a plac~d on ~ny o1 ~~id buitdinp~. •^y ~„~..•sr e~w~•~n a p.~~ ~?»r.o~, vnl~u M~M 1am ~nd with ~M lou p~y~bt~ •fw~Nidr u~d tn ~t» wsnl ~ny sum of nwn~y b~co~ pay~bl~ „nda ~uch policy a polKi~s uid MORiCs~GEE ~Mtl Mw rM op~wn ro r~iv~ u,d •ppty ~M sam~ on accoun~ of ~M ir~b~.d nau Ncut~d t~~by O( W p~tmil ~id MORTGAGORS 1o nt~iw ~nd us~ It a~ny part N»r~ol fw oeher pu~poset. w;~hoot thrnb~ w~ivlnq a~mp~ir- in~ ~ny pu~ty. 1»n w~ph~ und~r a by vi~tw of thl~ mort~p~~ ~e~d in dw ~wnt sa~d N1pRTGAGORS ahall fa ~ny ~~awn fall b kNp ~M u+d p~~mis~s w i~~ur~d, a f•il ro d.1~~.. p.«np~ly •ny of ~aid polKi~s o~ InwrN?a ro s~id MORTGAGEE. a fsit promp~ly ~o p~y fully ~ny p.~mium tM.~fw w In sny .~~p~ct fa11 b pMforr», dixhWp~. •:~cut~. ~tf~cf, canpl~q. compty wieh Md ~bid~ by thi~ cov~~an~. a~ny p~rt hNwl, uid MORTGAGEE m~y plac~ ~nd par ia such tnawanc~ o~ ~~y part tMrwf without walvinq a~(i~ctinp ~nr option, It~a, p~ity. or r~qht und~+ a by virew of thit Matyap~. ~e~d tM full ~mo~nt of Nch and ~wry ~uch p~ynNnt ~MII b~ imm~d'aNty dw ~nd p~y~bN ~nd ~MII E~ar in~K~a f.om tM d~t~ ~Mr~of w+t{I p~id ~M rab o1 ~~rw per c~ntvm pN ~~num ~nd toq~tMr with wch int~~Nt shall b~ Ncured by tFw (i~n of fhh mortp~p~. 1. 1o p~rmit, commit or su(iK no wa~t~, Mnp~km~nt a d~tNior~tion of ~aid p?opaty a~ny put tMr~o~. S. To pay ~11 ~nd unp~lu tM co~ts. cls~rp~s ~nd ~xp~nw~, includu+p a na~orubl~ atto~n~y't (M ~nd coata of ~b~tr~ct~ oI titl~, incur.~d a p~id a~ •ny ~im~ by u~d MORtGAGEE, b~c~uN or in tM ~r~nt of ~M i~ilur~ on tM pa~t oi th~ s~id MORTGAGOR w duly, promptly ~nd fu11y p~rform, d~scMrp~. •,ecw~. ~ff~ct. compl~~~. comply w~rh u+d ~b~d~ by ~ach ~nd ~wry tM qipuluwns, prNm~nn, condc~iom, ~nd oownann of w~d paniuwy not~ u~d ~hi~ morty~p~ any w~i~h~r, ~nd s~~d cwn. cMr9ti and ~xp~e?w~. ~ach ~nd ~wry. ~MII b~ imrn~din~ty dw ud p+y~bl~r wlx~Mr p not rM.~ b~ noric~ d~ m~nd, ~tt~mpr to collect w suit ptnd~r~; ~nd tM fvll artqum of Mch and ewry wth p~ym~e~ ~11 b~a int~r~st irom ~M dat~ tM~~of untit p~id H tM rsee of nin~ p~r esntum p~r ~n~wm; ~nd dl wid eos~~. eMrp~~ ~nd ~ap~mtf ine~n~d a paid, top~tMr w~th suth ieqrqt, ~hall M Ntw~d by tM IiM of thil mort~p~. 6. Tha~ in tM w~nt of any M~~ch of thi~ Matpp~ or d~fault on ~M pan oi tM MORTGAGOR, o~ (b) in tM ~wnt ~~y of N~d ~wn~ of rtwrny Mr~in nfMr~d 10 6~ nOl prdn~~tlv anrl l~~Ilv tuiel wiJ~in ~Mr~v ~'1A1 aaw wnw ~N~ Hu~ •~.w~ ~..w~u.. A.~~......4r ~w.1 ..s..~{.1~ ..„~1,.~.:• M~.. or (d in tM w~m e~ch ~nd ~w.y ~M stipuiatiom. ~r~~nts, cond~~io~u and cov~nb of utd p.om~sswy rrou ~nd thls~mortpap~ ~ny a~i~M? are•no1 ~ iuty. promplly ~nd fully pNfwm~d. d~acharQed, ~x~cvad. ~ffechd. canpl~red. complNd wi~A ~nd ~bided !y. ~Mn in •~~h~r a~ny wch ~wnt tM N~d ~g pr~y~r~ wm m~nriorwd in t~id promiuwy not~ then r~mai~inp u~p~id. with im~~~t acuwd, uxl all mon~Y~ Ncvr~d h~r~by. sMll becom~ dw ~nd pay- , abl~ (a~hwirh, o~ rh~r~~fqr. tM oprioe? of said MORiGAGEE. fully ~nd eompt~~~ly a~ if •tl of rh~ said ~urm of mon~y w~r~ aqie?ally at~pul~ted ro b~ p~~d on such d~y. anythinp in said prom~~sory noN o~ In tAis Matpa~ ro tM tonh~ry notwithuand~np: and ~herwpon w thtrtaftM 1M op~an of ~aid MORTGAGEE. w~thout notK~ or d~ma~d. wit ~t I~w a in puity, tMrdw~ p th~reafter bpun, m~y b~ p~oaecut~d ~a if all ma+~ys s~cured hK~by - hed matwed pr.or ro as iratiwtan. 7. Tlut in tM ~wnt tha~ at tt» b~yinn7np of or ~t any tim~ p~ndirq any ~~it upon fhh Matpp~, o. ro fo.eclos~ it, p M nfwm it, w ro.nfo.c. payment o! ~ny cla~ms he.~und~r, said MORTGAGEE ~MII ~pply to tM CouM Mv~rq jur~sdrc~~a+ tMr~of for tM appo~mmem of ~ R~c~ivN, tuch tourt sMll for~hwith ~ppoint ~ receivN of s~id mortpp~d proptrty ~II usd sinpulu, includ~np •11 •nd sinyul~r the incom~, pro}~n, isiwi and r~v~nue~ from what~r~r wu~ce d~rived. ~ath a+d ~r~ry ot which, it beinp txpte»ly und~nlood. is Mrtby mortyayed at if ~p~tifiully pt fath u+d d~Ktib~d in th~ pr~nrinp and Rabe~dum cl~~s~f h~r~of, and futh RKfirN shall Fww all th~ boad ~nd •ff~divt funct~ons •~+d pow.~~ in ~nywn~ ~nrrwr.d by • Cou?t to ~ Rec~ivsr, ~nd wch appointment sMll b~r m~ by such Covrt a~ an ~dmitt~d eq~ity ~r+d. a tr_4t~ oi ~Molut~ rpht to taid MORTGAGEf„ and without r~f~rtnct to tM •dequ~cy w i~adeqwcy of th~ valw of tht p~operry mortyp~d or to th~ iotv~ncy w inwlrency o1 s~id /IIIORiGAGOR p tM d~~~ndann, ~nd that ~uch renrs, p.ofin, incorne, usws and nwnu~s aMl1 b~ ~ppli~d by ~ucA Receiv~r ~ccwdirq to th~ thn w puity oi uid AIIORTGAGEE a+d ~M pr~ctic~ of such CauA. 8. To duly, promptly and tully pNfwm, dircM?9~, tx~cut~, ~ffecf, ~ompt~t~, comply with ux! abid~ by Mch ~nd ~v~ry tM ~tipvlaKons, pr~ne~ts, co~ditiom and covenann m u~d promissory_ oot~ ~nd th~~ mortyape wt fath. 9_ Th~r in tht ~venr the own~nhip of ~!u mwt~sy~d prem;~. or •ny p~rt the.eof. b~com~s w+ted in a p~rwn otFw~ tha~ tM JNORiGAGOR, tM MORTGAGEE, its succeuors snd au~yns, may, without no~ic~ fo th~ HtORiGAOR, dtal with ~uch tucc~aw p succt~sor in intera~ with refer~nce to thu rrort~~ and rhe debt h~r~by tecvred in fh~ sarrN mann~r M wilh Mwty~por withovl In any~ w~y viti~tinp p dixhar~inp tFN Mat9poq' fiability Mr? und~r a upon th~ debt her~by secwed. No sal~ o~ tM pr~mis~s he~~by mortpp~d and ~o fab~araew on tM p~„ of tM MORTGAGEE w iri ~utt~ison ass~yn~ ~nd no ~xtens~on of ~M time fo. tM p~ynunt of tM d~b~ Mr~by ~ecwed piwn by tf+~ MORTGAGEE w it~ succ~~wn a~u~pns, ~lult op~raq ro rel~~u, d~icharp~, modify cF+~np~ or ~ff~ct tM wiy~nal li~bil~ty of ~M. MORTGAGOR AaeiA, ~ither in whol~ a b put, 10. If ia ipec~ikitly apreed that tim~ b of tM ~nc~ of rhis co~+c~ and that no w~ivN of any oblpatan ha~unda~ w of tM oblip~tion ~r cured Mr~by iMll ~t ~ny tim~ M~ere~h~r b~ Iuld to b~ ~ w~ir~r of tM t~nru Mrwf or of tM irotrwrwnt wcvr~d h~.by. 11. In addnio:~ eo tM forpo:np monthFy paYrn~nfa of princ'p~I ~nd in~e.e~t r~quind by tM promiuory nor~ Ncured Fw~~by, mary~~or cownant~ a,a yraas :a pa~ ra mo:rgay~ee ..~ft~ each ma~in~y p~yr.K~t ~n ~dc~iion~l sum es~~m~t~d by monyp~~ to M pu~l to 1/12 of rM annual cwt of tM follow- ing: , A-All .ea~ p~operty ta~es kv~ed o~ as~essed ayainst ~he ~bov~ d~xribed re~l est~te. B-Prem;~ms on fir~ and windslorm insuranp ~s hert~n requ~r~d to be urried on th~ ~mprovement~ •itwte oe tFw •bove dtsvibed premise~. C-Prcm~ums on sucA mort~p~ yuaranty inwr~r.c~ a~ mortyayee ~hall from tirr~e ro timt deem fif to urry on the loan secw~d h~r~by. J{Roreyp~e sn~fi from rune to rime nonfy mortye9or m wntu~p of the amovnt du~ and pay~bl~ h~rwndtr ~nd wch wm sMll the.wpon b~ due and ~ayable on rhe due da~e of tAe ~ext monthty p~yment •nd ~xh succa~siv~ moe~th tF~ere~fter until mwtypte shall notify mortypw of • chan9~ in such ~~•ounf. Such sums sF.aii be ~pplicd by morty~yee toward tM paymem of reat property . t~a~~, insuraru~ pr~m:urru, ~nd mort9~pt qu~r~nty iMOfirlt~ p~emiumt. j IN WITNESS WHEREOf, iM s+id MORTGAGOR ha~ Mrevmo ~et his hand ~nd seai th~ day a+d~~at afo.esaid, ~ ~ Sipn«!. S~al~d snd d~lirK~d in th~ ~nc~ of~ / i FIIED AND FtECUROE:` ~~~j~'~ %Y~it.H..~s,,._,~~n - ST.IUCIE COUNtY FIA. ODIItI~e T. MBIIII ~ ROCER PO1TR~5 , CIERR CIRCUIT COU~T ~ ~ , ,q j - ~ AECOeZ~ YER~FIED~.••~' , _ ~ STATE Of fIORIDA UZ~A A~ Il ~ couNnr oF INDIAN R IVER ~ 5 9 21 AM ~7T ~ ~3~i~~8 ~ e.+a. r,,. P..,~?.u,, .~....d Tommie T_ j''lann .~,d ~ .7L i A A H nn his wife, to en~ vwll known ~nd known to m~ to b~ rhs i~dividuals deur~bed in and w1a ~aecut~d t1w fonpoinp instrwrwnt, and acknowledyed b~fw~ m~ that tfi~y ~xecut~d tM urr» for th~ pwpwes 3 ,,,~,e,n .xprKS~d. ,~nd ,M Julie A. Mann ~ «~1s of th~ ~aid Tommie T~ HS1111 vpon • Npaat~ ~nd privat~ exam~natan by me tak~n ~epa~a~e ~nd ~pa.t from her ~aid Iw~b~nd, ~ckrwwledp~d ro~nd befon rm that she lxKVltd Hid iMhumtM fre~ly ~nd votw~- ~ ra~~ty and w~tho~t ~ny comput~ion, co~itr~int, ~ppr~h~ns~on, o~ f~u of or from ha said Mnband. 's WITNESS my h~nd and officid teal this ~ ~ ' day of M ~ A. D. 19~ 1 / ' 3 i~, ;1 ~~L~ ~ / L[~ ~ Nor~ry Publk in ~nd for th~ ut~ of fbrid~ ~t t~rp~ My Commiuion ~~cpirta: - ~ Return To: ~ fi~st Fdtni Sarinys a lo~n I1s~ociation j1~!~r~ C!.!.+ nf FT~•~ 1. ,1.Ir~ne ~ Oi Fat p~erc~. . _ _ a ~ ~:r c~ c,;~iIILS raJy. JU, ~5%t~ 1~1~ P. 0. ~ravsr 281~7 ke...:, . 3 ~ Veco RaACh, Florida 32960 £ ~ • ~ ~ This Instrument Prepared By RObe['t A, Swl sheC Jr. ~ First Federa! Sav+ngs ~ lonn Association ' - ~ of Fort Pier e • . ~ ~ ~ : - ' Checked By . - ~ . d 4 V • , ~ a ~ ' ' ~ rD ~ - ~ ~ 28 ' .