HomeMy WebLinkAbout0119 S. Te pl~a ~nd con~4ww,sly kNp on ~M buitdinp~ ~aw a Mr..ha ~nva on NW ~«+d ~nd on ~11 pvlpm.nr M+d pKSOn.~H cow~d br ri,h warq~
pw witA ~N pr~ thK~en pa~d in fu11, fG~ M+sw~na in tM ~wwl N~nda~d poiicy lan~, b• wm ~pprowd by tM MO~fGAOfE. and windataiw
Mnwa+a In dn uwal u.nd+rd pa~r fan+, in • wm ~oaowd br ~M MORI3AGEl. 1n wd~ canp~+r a aa~o+~Ns aa tM MOrtrGAGEE a~+tr
dtr~dt all fM~ ~d wt~ann imw~na pdKN~ on any oi wid bui~d~np~. ~nY 1nNrw Mw~w? a p+n N~wl, M ~M .p~rp.a wrw .hr...id or ;
h ucaw ~herwf. ~Mil conufn the ww1 pa+d~rd maip+p» dwse a wd~ o~Mr dww a Nr Mo.tppM ewt? nq~Ww ~M~P tM low wwlN s~~d oo1F '
NM. Nth and ~wry. WY+bI~ 10 ~~W 1NORTGAGEE a itf MutN1 en~y ~pp~M. M+d Mth and ~wry tud~ poikil ah~ll 6! pron~lp aq~pmd ~nd ddlwnd M
~nr FrW by wid AAORTGJIGEE a fw~hu acwtry a~aW maroap~ d~M. +nd. no~ ba ~han hn I101 day~ In ~dvana of Mr ~spiraNon of ~ad~ Pak11. ~e d~ c
Wv~r to wld MORTGAGEE ~ r~nrval th~rwf. wp~+lw wi~h a.~~M fa ~M pwniw~ of wch ~w»wd~ M+d ~M.~ ~11 b~ oo iw~ a winduarn imwW+c~ i
P~~ad on aey of wid buildi~, My inqnat Nr.~in a pan tMhot; w+l~s~ In tM lwin a~d with th~ 1oN paYaW~ a~ ~(w~di ~nd M tM ~wra ~ny w~a ;
of mon~y beconw~ pay.bl. widM wch po~k~r w aa~ ~aid MORTGA~3EE ~h+lt Mw fM op~ion ro nc.iw .nd .pplp M. ~ on .oooum of th~ 4~d.b+.~
Ma wcw~d Iw~b~r a w pNmM satd MORTGAGORS ro nc.Iv~ u+d u~ it a~ny p~rt ~herw! Iw orFat pwpo~a. w+~hout ~M.•br wai~~np a H++p+N• ~
fnp «w puNY. U~n a~ipM wd~r a sy virrw ol thi~ mortQ+p~t and M tM ~wnt wid MORTGAGQl3 ~sD (a any rwan iNl ~e k«p tM s~W pr«nMN ~o y~
a~.w.d. a f.q ro d.~twr womaN «w of u~d poliun ot tn~w«K. a ~.id JrWRTGA~3Ee. « tea aoe+wh a P.y +ul~y «+r a.n+iw* ~M..to. « b a+r
n~pat t~il b pafanl, dixhatpt, ~x~cvt~. •ffad, ca^Dl~r~. cor^P~Y with wal abill~ b1i ~ OOV~Mn~. a aW P+h Iw~ol, a+d MORTGAtiEE may pbo~ an0 ,
wr for wd~ Mrw~ a a~y pan ~Mr~of wiNw~t w~ivi~q a~N~ct1n0 oW+on, tMn. ~qwb. a rlpM w~d~r a by vtnw of this Monp~p~. a~d ~M
fvll anwwa o) .ach .nd way wcA paym.m ~h.ll b. inw+Ndl.Nly dw .nd p.y.bl. .++d sA~N b~w fnf.~.u lran th. da~. th~rwt uruil pa~d N tl+. r~N ol '
n+n~ pN cMUVm p+ ~rvwrn ~nd top~rher with wcb int~nst ahall b~ seax~d bY N».li~n o( th4 ~apap~.
4. To PamM, coiweM a suff~. no wa?~, k~a:~nt a dNaaraioa of Nid prop~rty a anp paA tMnoi-
S. To p+y ~tl ~nd sinputar Mu cas». chup~s +nd ~xp~m~s, inck?dinp • nawnabN +t1a~+eY's iN snd aosts of ~btnc~s of ttt1~. Mcw?~d o? p+~d N
My ri~m by uid MORi(3J1GEE, b~c+u~ ar tn ~~wm oi ~M f~ilw~ on 1M pan of dr t~W MORT(iAGOR io dulp. Mon~pdY and felh? PMfwin, dndw~q~.
e:ecva. df~et. complN~. eomply wi~h ~nd ~d~ by ~ad+ and evrry th~ ttip~rl~~ioM„ apn~er~nh. ea~ditlorn. and aownw+H of wid paniawY nw~ and 1l~~
~Y a~iU~, a~d Nid cost~ cMr~ u~d ~xperws. ~A ~nd w~ry. ~MII b~ M~wd'ubl~r dw ~nd p~y~bl~r whethu w nw fMr~ b~ ~wke d?
rnaod. ammpt a co~Mct a wit pMd~nqr +nd tM ivlt a~rwue~ of ~ach ~nd eray wcA P+rnwnt sM11 b~ar ~u~nsf.fran tM daN tMrwf untii p~id N th~
rete o( nin~ pe~ centum pa a~uwm; ~nd ~11 said ~oftt, charyee ~nd ~ap~nws inairr~d or paid, wp~~hM w~th avch WKa~, shali b~ s~cw~d by th~ li~n of this
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6. Tlwt G+ tM fwnt d+nY bnaeh o1 thb Matpp~ w d~tavlt on tM pa~t ot t!w MORTGAGOR, w(b) in N» wMt ~ny of aid wny of ewe»y
M?~in r~fur~d w b~ no1 pranptty aed fvlly p~id wirhin thirty (30) da~n nt+~t ~fta tM s~e+~ s~va~lly b~tan~ dw u~d paYabb, without d~enand a nWiet,
o~ (d In tM ~wnt ~ad~ and ~wry tlw u~pulaUo~s. ~y+~nb, w~d~tion~ and coven~nb of w~d promisw.y not~ ~nd th7s matppt anr a ~itha ~n no1
lvly. promptly ~nd (utly p~rform~d. d~schar9ed ~z~cut*d. ~ff~cted. comPkNd compli~d with and ~bided ~+Y. tMn i~ titMr a any wch ~wm tM wid ~
preyat~ ~wn ms~tipwd in s~id promii~ory noq tMn r«nafninp unp~id, with Inttre~f ~arwd, and a(t moMyf s~curd Mnb~?. ahall b~com~ dw ~nd p~y~
abl~ fo~thwith, p thKeaft~., ~t tM option of said MORTGAGEE, u}vly and compbNly as il ~II o1 th~ ~aid w~n~ of moewr vwr~ aqi~allr uipuAted
~o b~ p+ld on wd~ daY. ~nYthinp ln s+7d promissory note a in_thls Morfpaye to ~h~ conrruy notwi~hst~nd'er+p: Md thKwpon a thsrt~hK ~f tM option oi
said MORiGAGEE. withow norice w d~marxl, wit N law w in p~iy, ther~fon a thKaaftK beyvA, may be pros~wted a iF sll montys wcw~d h~r~by ' ~
had Inilwad prqf to iri ieufiMioo.
7. Thr~ ln ~h. :~nM ~h.~ n ~M b.y~ra~q d o. n.ny t~. ~.~p anr w~t uPon +ha Mw~~p., a w fa~ H. a ~o ~efam n. a a~nfo.o~ ~
payn~?t of aMr d~ims hMwnd~r. ~id MORTGAGEE shatl apply ro tM Court Mvinp jwadictbn thereof fa rl~t. appo~ntn~m of ~ R~ceiwr. wch Court ~hall
Fathwhh sppoint a nttivK of said nartpap~d propary al) and ~irg~lar, includKg all and sinp~rl~r th~ inoam, profits, fatuN and nvenws fran whatwt~ ~
sowa d~riwd. ~ach snd wery of which, it b~inp ~xpressly w~d~rstood, is I+K~by maq~ped p F} ~p~cificallr wt iorth a~+d datrib~d in tM p?~r?tlnp ~nd
haba+d~~n dw~ A~rwl. uid wch R~ulver ~h+ll haw ~II tM broad and ~ffactivs funce~ons and powen In ~nywiN a?tnated b~l a-Court to ~ R~uiwr. u~d
•uCA tppOiflti1~N11 tMll ~ mi~ by fVCI1 COYtt q M~nliffld OqVity Md ~ 1MftN of ~bsolv~~ rqh~ w wid MORTGJIGfE, ~nd witF~ovt nts.a~o~ 1o tM ~
~dequscy w in~dpvacy ot rM v~lw of tM p~ope.~y n+onpa~ad w ro tM ~owency a insolvency of utd MORTGAGOR a th~ d~ftnd~n, ~nd rhat such ~
rems. profie~, k~a~. iaua and rwenws ~hatl b~ applied by wch R~eiver accwdi~g ~o tM lia~ a puiry of s~id MORTGAGEE and th~ practiu of wch ~
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e. To duly, p.o~~h «+d t„uy p..ro.m, ~h..9., exetut~. ~ftect. complete, comply with and abid~ by txh and w~ry tM stipvlatiom, ~p~eertrnt~,
cond'dio~s and coven+nn ~n sa~d promiuay" ~we and ~ho mo.tpa~ sat forth.
9. That (n th~ want th~ ownenhip of t!r mortpayed pranisa. w~ny pKt theraof, beoon+ea mr~d in • p~non other th~n tM MORTGACsOR, th~
MORTGAGEE, its wcces~on ~nd ~ssi~ro, en~y, witfio~t notic~ ro tAe MORTGAOR, deal with wch wccessw a~ wcceswr in inre.est wi~A .~(ae~u b this .
mo.t~ay~ and ~M deb~ M.~by secured in rlr sanN marM+N ~s wi~h 11Awtpapw withovt In ~ny way vHiatkg a d'adwrpinp tM Morr~+yws' Ii~Wlity lyre
unde? or upon tM dtb~ her~by secuted. No Ml~ of the premiset hereby ?norly~ytd ~nd no fwbNt~~ on tF~ put of ~M N10RTGAGEE or i» successon
w~uigro and no eat~nslon of th~ tirn~ 4w ths p~ymN?t of tiK debt hasby sewred qiwn bp fM N10RTGAGEE a itt woo~tfots or asspm, sMll opaaa
to r~leue, d~sc,h~~~, modfy ch~g~ a affect th~ orip~nal liability of tM MORTGJ?GOR hK~in, ~itMr in whoN a in p~rt.
10. It h spcc~ficilly a9rc+d that tims ~S o( ~M euenc~ of thn toot~act and tMt no wahror of ~ny obt~ation Mreuoder a of th~ oblipation w-
cvred h~tsby shall ~nr tin+~ 1F~caftK b~ held to be a waiver of th~ terms Atreof w of th~ irbtrument sewred Mrby
I1. In add~tia~ ro tM fa~go:~g rnonthlY paYm~nta of princ'pal and intNest reqvired by the pom~ssory note ~ec~r~d Mreby. mwty~Qo~ cov~nanb
and ayrees ~o p~y to mortgagee with each monfhlY paY.neM ~n add~rional wm est~m~~ed by mwtyayee to be eqwl to 1/12 of the annual tost of the fdbw-
A-All real proparty uxes kvied a~ssessed painst the abovt described real estate.
B-Premiums on f've ~nd windstwm irtwnnot q hereio teqv~red f0 be uari~d on the improveme++ri situate on the ~bove destribed premisea.
t-Premiuw~ on sucA mort9sg~ yuaranty inswance as matps~s~ sh~ll froen t~me ro tNne deem fit to arry on tM ban secwed h~reby.
Mortyspet sh~ll from time to time notify mortga9w in wrir;.~p of the amount dve ~nd payab4 herewKler and wd~ wm st~ll there~pon be dw ~nd
pay~bl~ on rhe dw d~a of ~M neYt monthlY AaYm~nt u~d tach auccassiv~ month thert~fi~r ~i+til n+onp~pee sMlt ratify maTg~gw of a cMnpe i~ wch
amount. Such awns shall be applied by monysqee toward the paymem of rAl? pro~rty -1~, inw~ante prem:vrrn, and mortyay~ ywr~~fy insw~nc~
premiums.
IN WITNESS WME , tlx said MORT6AGOR has her~unto Nt. his hand and teal fhe day and re~? ~fw
Se,t.d tiw.ed ~ 11,~ p.es.r+c. of: r
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i SiATE Of FIORIDA st. ~~ie . A~..1-~ ~'~PN'1r ~~~.803
~ COUNTY OF
s.fot. en. P...w,+~~y ,pp...ed Raul A. Coto ,~,d
~ Mdrta COtO hia wH~, to me vwll known ~nd known to nK fo b~ ~
tM i~vidwb daa~bed in wsd who ~xecw~d tFw f«epoirg instrunwnt, and ackrawkdped befws me that tMy ~~~cvt~d th~ ssm~ for ti+e P~D~~ 1
~ therein ~nprtss~d. Md tl~e s~~ ~1"~d COtO
E wife of tIN s~id ' ypOrt ~ siprlN ~nd (xiv~t~
~ examin~tiw~ by me akse~ separ~t~ and aput from ha said lwsband, adcrawkdped ro and btfwe me that iM e:~cvt : J~n t. and volw~-
r ~ ,n.,•h?
~ r~rily ~nd w~tho~t any compuliwn, cornuaint, ~pprel~ension, w few of or from ha s~id husband. _
F wrrMESS my h.r,a .na offk~.~ ~hi. 3/ ~ d,~, of • •fi'q. ~q 77
€ ~,0 =
' ~ry Public in ~f ~~t~tt d He~d! N l~t~
` Mr Conwnission ~ ' d: • j ' ~ . ' • -
Return To: ; ~
' F'ust f~deral Savings 8 lo+n Aswciation . ~TA~ ~C ~•'~~'OK ttO~~A lA ~
° O~ Fwt P~erce. MT COA4Ml.~~r1~:R:~jM IP77 ,
~ONDED iHRU GENcR,~(t~~HWp,~~x,,, '
' Fott Pieru, ft«ida _ . UNLIERVV~
i ' ~
~ _ ~ sl ? 9? ~
~ This Instrument Prepared By J. H~al ROber'ts, Jr. •
First Federol Savings b Loan Association
~ of Fort Pierce . Florida ~ +
~ Checked By _ f'~t rG~JO Paf,E
t+P x+`+ ~c7
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