HomeMy WebLinkAbout0814 To pl~c~ ~nd contimwu~ly kNp on ~M buildinp~ ~+ow o. h..••tra u~w~• on ..cd ~a~d a,d on •n .q~~~ •nd P.no~aily cov...d br ~h~• nar~g
p~. with ~Ii pr~miuma tAerco~ p~~d 'u? tull, f~re i~tura~u in tM uw+l surdad po~ky ta~ in • wn? ~pprov~d by ~M MORiGAGEf. •nd windttam ~
In~w~na in M~ wwl u~nda•d pd~cy fam, in a wm app~ov~d b~r tM MORTGAGEE. In wch company a canp+nies a ~h~ MORiGAGEE nwy ?
dir~ct~ ~e~d ~N tU~ and wtnd~tam iniw+na polaw~ on a+y O~ NNJ ~7YIIdt~{~ My IMNtft fI1M~111 q pN~ tllpp}. in t!w ap~~ep~t~ ~wn daes~fd or -
In ~xcNS IhNeof, sFwil cont~in ~M us~d sundad ma~p+pN claus~ a ~uch o~Fw~ cl~uw ~s th~ Mor~ppN n++y rpvu~. rt~+?kq ~M lou u^de~ ~ud Pd~
ciN, e+ch and ~wry. paYabl~ to s~1d MORiGAGEE ~n inr~~e~t m~y app~a?. u~d ~~ch ~nd ~w~Y s~ch poGcy ~Mli b~ p~on~ptly ~u~~n~d ~nd d~liwnd ~o
~ny MM by said MORTGAGEE a~ furtFwr s~cwtt~ ro~id ma~pa~ d~bt. aod. ~w t~a el~ ~N+ tti0) d~ys 4+ +dv~nce ol tfi~ expi~+tion of ~~cf+ poticy. ro d~ ~
liw~ to s~id MORTGAGEE ~ rtMwal tMrwf. wp~dwr wi~h ~ nt~ipl fp tM pneniyre ol wch rNNwalj u~d ?h~n sAall b~ ro fu~ w winds~am inwanc~
pl~ad ow My of s~id bvildinps. ~ny ~nt~nii tF~~in a p~rt ~Mraof, unba io ~M fwm ~nd with IM la~ p~yabk ~fa~s~id~ w~d in tM ~wM ~ny wen •
of n~on.y beca++es p.ybi• w+d.. wcb poiky o. poiK~ s.~d MOatG~GEE ~ha11 Mw ~h~ option ~o receiw ~nd ~ppty tM ame on accou~t of tM ind~b~ed~ "
n~ts s~cw~d fia~by a b permil uid MORTGAGQRS to receiv~ W,d uM it a~ny part ~he~~of 1w ahcr purposr~, w~ehou~ ~hs.cb/ waiv+ny a~mp+ir•
inp anr pusty, li~n or ri9ht w~du a by vtnw of ~hy nareppss and in tM ~v~~~ sa~d MORiGl1GORS sh+ll 1a ~+y fNtOf1 ~a{{ 10 ANP tIM Ni1{ pf1/11ifN /0 ~
inwrtd, a(afl b delivN pwnptly ~ny of wed polKiN oi inw~ante ro~.id MOrtTGAGEE. o~ ~~il p~omptly ~o pay fuily any pr~rnium thtr~fa a in a~y
r~~p~ct f~il b putam, d~acM~~e. saec~t~, ~ff.n, co~++pl~t~. comply wifh snd ~b~d~ by tha cove~+~~. w+~y P+~~ ~RiGAGEE may p~aa ~nd
paY iw wd~ MwruKS o~ ~ny pi?t tM~wf wirhout waiviep a~ff~ctinp ~ny op~ion, li~n, pu;ry, o~ ripht vnda a by virtw oi this Ma~qap~. ~nd th~ -
fu0 an+ow~t oi Nch and ~wry such p~ym~nt th~ll be im~.~di~tNy dw and payabb ~nd ~MII ~ar int~r~N fran tFw daN thaw( umil p~id ~t th~ raa o1
nirn p~r c~ntum pN annum and rop~ther with iuch in?~r~q sMll b~ secwed by tFw li~n oF thh ewrty~p~.
To pNmN, eanenit a avffN ta wa~r~. Impairmenl a d~tsriwation oi said propNry ar ~ny parf tMrwi. .
S. To pay ~I! and siny~l~r th~ cosri, char~s +nd ~xpsnss~, incl~dinp • reasonabb ~tto.nry
~ lee and wsts ot abstr~cta of titt~. incurred a p~id at ~
~~y tier~s by said MORTGAGfE. b~ews~ a in the .w~+~ of ~hs ta;~w• o~ ~n. wn ot ~ti. •,w ~rGacoQ a d~h?, pranprly and fvlly pNiwm, diich~.y~
~xec~t~, ~ff~e1, complen, comply w~th and ~b+d~ by ~acA and w~ry ths ~tip~rl~tio~u, ayrtements. ta~ditbea, ud ooven~nh of a+jd p~omiswry ewte u~d thia
morty~ ~ny a~irMr. ~nd s~~d costs, chupe~ ~~+d ~xpc~~s. ~ach ~nd ~wry. ~Fwll b~ imm~d~ately dw a~d payabb: whetl+N a ~ot tMr~ b~ no~iu dr
m~+d, anempt ro collect w suit p~ndinqj +nd rhe fvlf anwunt of ~ach and wary wch payme~~ sMN b~a. inter~s~ irom ~M d~q tfiereof w,~il paid d tM
rate of nins per centum pe~ an~~um; and all taid cosrs, chargei and expsnses ~ncwred o~ p+id, topetha w~th such iottrKt, ~hall b~ acured by tM IiM ot thu
mortypa, 2
0. 1'A~t (a) io tM ~veM of any brexh of this Mort9sy~ or dafavtt on 14r paA o~ iM MORTGAGOR, w(b) in tM ~wnt sny of s~id sun» of nwney +
he~Nn r~ferr~d to b~ no1 promptlr ~nd fully paid wi~hin ~h~rry (30) d~ys nexf afrer ~he ~ ~eve~a~ly beconw dw ~nd p+yabl~, wi~1a~~ demand or notiu. ~
or tM ~wnt each u+d !vlry th~ 11ipVlatiOt?M ~greemtnK, cond~ria+s and covenants of sa;d promissory ~ots ~ad ~h~i mortpapa any a either u~ no1 ~
iuly, prompNy and fu11y pertwmed, d~scharyed, executed, ~ffected, compl~ted, complied with ~nd abided by. 1hN+ N? either or u?y wch ~wm tM said ~g
pre9s» wm m~ntio~ed in s~id promisiwy ~ore then remainirg ~npaid, with I~terest acuued. u~d atl moneys fecured her~by, shall becwne dw and pay~
abl~ (wthwi~h,, a thsreafter, ~t the op~ion of isid MORiGAGEE, a~ tully and comple+e~y +s ii a1f of ~he said wms of maKy wer~ wpin~Uy stipulNed
ro be pa~d on such day. anythinp in sa:d promiuory note or in this Mortpage ~o tM contrary no~wirhstandinp; a~d rherwEwn a thereafte~ ~t tM option of
ia;d MORiGACaEE, witho~t notic~ a demand, svit N law p in tquity, therefwe a thareaftcr beyvn, m~y b~ prosecvtsd as if ~II morMys sewrd Mreby
hed matwed pnw to its itatitvtion. '
7. Tha~ ie tM went that at ~he begiiv?irg of or N any time pend~rg any suit upon thFs Mor~ga9e, a to foreclos~ k, or fo raform H, p f0 MfqC~
payeneot of ~ny claims he*eundea, a~id N~ORTGAGEE sfi~ll appty to the Court Mviny juri~d~tt~on thereof fa 1M ~ppo~ntment of ~ Receiver, such CaM il»II
forthwith appo~nt a reteiver o( uid mortya9~d property all and sinpular, includ~r?p atl ~nd s;novlar fhe lncama. protiri. hwss ~nd r~vMws from wfiaf~ver
wvra derived. each ~nd every of which, if beinp exprqsly u~deri~ood, a M~cby mor~gped as if spec~fically wt fa~h ~nd dacribed in the 9.an~inp and
haben~m clavsn hereof, and suck Reuive~ fFNII MYf ~U the broad ~nd effect~ve funct~oro and powe+s in +nywise e~trus~ed by ~ touN •to ~ Receiva. ~nd
tuch appoiotment thall be made by wch Cowt +s ~n admitted eq~ity and a m+t~er of abwtute riyht to wid MORiGAGEE, ~nd without ~~ference w tlw
~dequacy o? inadeqwcy oE tM valw of ~fie property mortgs~sd or ro ~M wnrency or inso~vency of ~aid MORiGAGOR a the defendann, ~nd rhat such i
renn, profits, incwne, issws and revenues sMU ba ~pplisd by sucA Receiver ~cc«dinp to tM Iien w puity of taid 1NORiGAGEE and ~he pr~etiu ol such
~autt.
8. Yo duly. pwmpdy snd fvly perform, dischar~e, execute, eHect, oomplete, comply with ~nd abid~ by eacF~ and ~very the stipulations agrcemenb.
conditiom and cove+.sna in sa~d promiuory not~ and thy mort9~ge ut forth.
9. Th~t in the even~ the ow~ership of the monyaged premises. a any psn thereoi, becomes vested in ~ pe~toei other thaa the MORTGAGOR, tM
MORTGAGEE, it~ wcuuws srx! suigns, m~y, withou~ no~icr to the MORTGAOR, de+l with such iucceuor or successa in :nterc~t wi~b ~efnence w this
mor~9apt and the deb~ hereby secured in the sams marosar as with Mor~yaya wit~wvt i~ any way viti~tin9 a dixharpinp the MortpsQors' liability Mra
unde~ w vpon the debt h~ereby secwed. No sate of the premises hereby mortysged and no torbea?ante on 1M part of the MORiGAGEE a i» tuccessors
or eug~a and no extena~an of ths time (ar tM pay~nt of the debt hereby secwed yivea by 1he MORTGAGEE w its wccesson w~ssigna, ~hall operate
ro rel~as~, discharqs, modify chanye or ~ffect the wi~inal liab~lity of the MORTGAGOR herein~ ~ither in wFale w in put.
10. It is specifically agreed ~hat tirn~ is of the euencs of this contract u+d that no w~iva of any obl'~yation hereunder o~ of th~ oWipation se-
cured heraby alull at any tum ehereahet b~ hefd to bs ~ waiver of the hrms I+ereof w of tFie InstrumeM secured ha~by. -
11. In idd;tan to Nro tore9o:ng mwuhly paYincros of prin~ pat snd imsrest requwed by tfie p?omissory ~W~ securcd hereby. morfysgor covensnfi
and agrees to pay to mortpagee with each swmh~y payment an ~dd~tions4 w~n est~mNed by mortgap~e ro be eqwl to 1/12 of the annual cost of the fdlow-
f^9: •
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A-A!I real praperty .aaes kvied or ~sscssed sga~~st the above dexribed rea~ estate. "
~f B-Prem~ums on fire and windstorm inwrar.ce as he?ein requ:red !o be carried on the Impsovements sitwte a+ the above dtwibed premises.
~ C-Premiums on such mortgage gwrs~ry insurar.ce as mortgagee ihatl from t~me to time dcem fit ro csrry on the b~n secwed hereby. ~
Matgagee shsll fiom rime to t;me naNy mortyaqor ~n wrieiog of fhe ama,nt ilue ~.~d pay~bk here~x~der ~nd such wm shall tlxreupon be d~e and
Farable on ~he due dau of ~he .n~:t ~na,thly parma?r a~ each wcceu~w manth~thereaile~ un~it mor~qsy~e ih+ll ~orify mortyaya of ~ charpe in such
enwunt. Such sums sh~ll be ~pplied by mo~tgagx towsrd the payment of real property uxes, inwrance prem:um~, and mwtgsge yua?anty iiaur~nce
premiVms. " -
IN WITNE55 WHEREOf, tM satd 1MORiGAGOR has he~eunto set his hand a~d aeal the day ~nd ye~r fin fwes~id.
Siyrnd, S~ale d deliv~r esence of: -
f ~EO AND RECORUED ~ ~
S~• LUCIE COUNtY F~A. ~ • ~
iioCER P01TR1~5 ~
CIERK CI~iCUIt COURt ~ ~
aECORO vEa~i~ED...~---- ~
~
' STATE Of FLORID PM'~~
St. Lacie } 6 ~2 22 ~8 ~
cou?vtY oF ~ ~
d~fore me perwnally app~ared Mleslev J. Hnnter ,~,d
Sbirlev A. HUT1teZ his wiie, to me well krwwn and k,awa to m~ to b~ ~
the i~d'nidwls dewibed in and who ~xecuted ths fw~yoinp instrum~nt, rr+d acknowled~ed b~fors me that they ~xctuted tFa ~am~ fw th~ purpos~s
+h~.eu~ .,~.~a. ,?~d ..~a Shir1~Y A. Hunter ~
w;{e Nlesley J. ~iur~ er , yppn ~ sepsr~f~ ~nd pirvaN ~
examinaian by me taken sep~r~te and ~part irom her said M»b+nd, adcnowledged ro snd before ms tha/ she executed said instr~ment freety and volun~ ;
rarily u+d withovt ~~y compulswn, cons~nint, apprehensio1n or feu of a from he~ said Iwaband. `
WITNESS my Mnd aod offici~l seal shis ~L1~C day of A ri'1 A. D. 19 ~ ~
Notary Public in f the St+te of Fbrid~ ~t larpe ~
My Commiuion ' es: ~
Return Ta Notory rublk, Shfin ef ~~r~i~M ol lar
FiM Federd Savirgs a to~n Associstion -
Of Fat P~erce. ~OM~'u'O^ E"P'~ J":`- ~t. 14TT
fort P:ercr, flwtd~ ~O^~4 by M~?ican F.r: ~ Cu~voftr G.
z~
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This Instrument Prepared By J. Nal RObezts~ Jt. ' :.'~':•''~y
First Federal Savings b loan Association _ , . ~ . • ~ _ c `
of Fort Pierue~ Riorida r- J
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Checked By ~ ~ J r~ :
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