HomeMy WebLinkAbout0741 J. TO p~~c• •nd con~~~uov?ly ktep on th~ bvi'J~~pf no+v a M~e•te~r Ntu~~~ or ~~~d I~nt? a~d on ~C eqv~p~+~ent and per~oo~l~y tow~red t~/ th~~ mwrq.
~p~. w~~h ~{I p~~m~Wm ~henon pa,d ~n fut~, fue ~nav~~na ~n ~M ~w~1 •i~~d~~d pohcy iam. in • w~++ •~yio.oJ b~ ~h~ M~R:C.AGEE. ~~.J w~~~dswun
~nwroec~ io ~M w~d ~undard pol.<y fam, ~n • fum appror~d b~ ~M MORiGAGEE. in ~~cA comp~oy o~ c«np~~:N a ~M MORI(,AGEE m~y
d~~Klp ~nd 1q iu~ •nd w,nJs~o~m ~M~r~nc* policN~ on ~oy ol ~~~d bu~ld.npb ~ny ima~tl th~re~n or p~~l t~trwl, in th~ ~p~epNe wm •~ae~ard a
in ~~aa ~Mrw(, ~MII eaniai~? ~?4 uswt u~ndud ma~ppM ebvw a sueh oehu el~u~~ a~ ~M Ma~y~ ~n~y +~q~,~~. i+t+l.np ~t» ~ws vnd~. sa,d poir
c~t. tacA ~nd •wry. p~yab~~ ~o F+~d MORTGAGEE ~f ~ntN~~1 m~y ~ppN~, and ~ach u~d •w~y ?~cA pe>~~c~ sh.il be P•m~p~ty ~~~y~~ed ~~+d d~'~r+ered ~o
~~y MW by s~~d M01tIGAGEE ~s fut~M~ ucwity ~o s~~d ma~p+p~ deb~, and. no? 1~u ~h~n Mn ~f0) d~y~ in adv~~,c~ ol ~M •aN.~a~on oi •.c6 poi~cY. ~o Jr
liwr ro uid MORTGAGEE ~ nnew~l tM~wf, top~~Mr witA • rece~pl tw IM p~tR+wm o1 ~uch ren~«s1; •~d ~he~• ~hat? b~ no ~~~a w w:nd~uvm inwr~nc•
pl~c~d on ~ny of t~~d b~,~Idinpt. a~y ~nter~st th~r~~n a put tM~sof, unl~~f ~n 1M lo~m ~nd w~th tM Ios~ payabi~ a~ •fweta~d; ~nd in the •,rent •ny wm
of mon~y beconw~ p~r+bt~ unda such poliey a po1K~s ~~7d 1NORiGAGEE ~Aall hev~ ~M op~~on to receire •nd app~Y ~he su~H on ~ccount ol eM i+xfeb~rd-
n~» fec~r~d hweby a ~o perm~t sa~d MORIGAGORS fo receiw and us~ ir p•ny par~ r?.~reoi for o~i,~•r puri.oses. v. /h4u1 ~h,,~.,~ .vs~..,~ ~,•.;,u~~-
;rp ~nY pu,~y. 1~ a r~qh~ vndea w by ritiw of this mprt9~q~~ ~nd in IM ~v~M w~d MORTGAGORS shaH !p any ~uwn f~il ~o Aeep the u1d p~~m~us ~o
msured. a 1•il a de~+~e~ p.o~~ptly ~ny of said pol~cfes ol insw~nc~ ~o •~~d MORIGAGEE. w faa p.omptly to pav lui;y •ny pre~~~wm ihe.clw a~n •ny
rotipect I~il ~o patam, d~scharga. •aecut~. ~fIK~. compt~t~. tomply with ~nd ~b~de by this tov~~aM, a•ny psrl he~~ol, •~.d MGRIGAGEE rt~~y p~~ce a~a 3
pay fw sueh Insur~nc~ or ~oy p~~t tMr~o) w~tF+out waiv~np w dtKtinp ~ey oplwn. li~n. pv~ty, or r~~h~ under a bt v~rt~t ol ~h~ti Mo~eyeq~. ~nd thc
tvll ~mo„nr o} e~ch a~d •rHy ~uch paym~m ~h~Il be ~mmcdiat~ly dw and p~y~b1~ ~nd ~hall Mar in~erea from ~M dai~ ~hereo! umil pud tlu ror~ o~ ti~,~
, mn~ pN cenwm per ann„m u+d to~e~he~ wi~h ~uch inttres~ shaU b~ ~etuted by 1!» IiM OI Ifiit mor/qpe. j
' 1. To p~rmit, commit a w~ip no wa~ti. Mnpairmero a dNe~ia~tion of ,~~d po~.ti o~ ~ny p.r~ ~M~eof.
a.-
S. To psy ~nd w+9u1u 1Fy co~h, chu9e~ ~nd •Yp~~ues, i~c~uduq • ~e+son+bi~ ~nor^ey i te~ •nd cos~s o( ab~tr~ch of r~+t~, i~cuned o~ pa~d a~
sny time by w~d MORtGAGEE, b~c~us~ a in ~Iw ~r~m of iM f~~~vr~ on ~h~ p+n of ~M s~id MORTGAGOR ro duly, p.a*~pNy ~~+d ~ul1y perlorm, d~xt~arg~ •
e,ac~t~. effect, complet~. comply w~~h ~nd ~b:d~ by ~~ch and ~v~ry th~ atipvl~~wn~. prasme.~ts, coadurons. ~n4 co+s~~nt~ o( f~~d p~an~uory nots ~.+d ~~~s
mr~g+pa any w e~~her. aod sa d co~n. cA~r9~s and ex~oses. ~ach ~~d w~.y. ~hatl b~ immed~~~ety due end payabte: wheehe~ w ~ot ~hs~e be norrce dc
mand. ~uanpt ro wNec~ or w;~ p~~+d~ngy ~nd ~he fusl u++ovnf of Nch snd w~ry ~och p~yment ?ha11 bear inrQrea~ from the date ~hereof uroil p.~d n ~?K .
r,te o~ n~ne per :cntum yw amwm: end ~tl u~d costs, cha~pes and exptnses in(untt! a paid, topether w~th s~ch inrere~t. tMtl b~ setured by tbe I~en o1 th~i
mortp~. , -
e, Tha1 ir?, the ~vent of any br~acfi ol ~his Mafqap~ w d~fauf~ or~ ~h~ p+rt of ~he MOR7GAGOR, o~ ib) in the ~ven1 ~ny of u.d ~um~ of mon~y .
herein re(er~~d ~o bs not prompely and fully p~~d within th~rfy (30) d~yf ~ext ~fte? the s~me tevera~ty become due and par~bte. w+thpul demsnd or not~ce,
cr ic) in th~ eveM eac~ a+d ~ve~y ~ht sf]p~rletions. ~grkneenrs, cond~tions and covenams of s~:d prornisso~y note a.~d ~h.s mwtgage any or e~thcr •re na
iulr, prompNy end f„tty pe.tw~.•ed. d~KMrO~. ~,escured. ~If~c~ed. comRl~eed. co~+pl~ed w~~A and ab~ded yy. ~Mn i~+ ~,~Mr a~ny such evsm ~he sa:d •g
0regare wm ment:pncd io said p~om~uwy not~ then ranaininp ~np~d. wi~h imer~sl acuued. ~nd att moneys aetured her~by. ahall betome dw •nd pay~
ao'~e fwthw~th, u the~ea~~c~, ~e tM optwn oi sr~d MORTGAGEE, ~s iully. and comple~e~y as if •tl of ~he said sum~ oi money were a~~ne~ly ft~pu;sted
ro be pw:d on svcb dw. •~y+~+y in a.d prom~~so.y note a in thif Mortpage ro the contrary notw~~hiundu.y; and ~hcrev~wt+ a fhcreaf~a ~t rhe op~~on ol
sa:d MORTGAGEE, w~~hout no~~ce w demand, ~u~1 at I~w w i~ eqwty, ?herefwe or theredror begun, may be prosrcuted a if •II mo~y~ secwed he~eby
hed maured pna to ~ts ~~s~~rur.a+.
7. TAat in Ihe ereM that at fM beginn~rg oi a~t +ny time pend~nq +ny suif upon this Mo~tqsge, or to foreclos~ it, a to retorm it, or to enlorce
payme~t of any da~ms he•eunder, sa~d MORTGAGEE sM~l appty to tM CoJ?1 luving ~unsdict~on ~hereof tw the appo.ntmem of • RecNver, such Co~n sheil
!o<<hw+ih appoint • r«eiva of sa~d mwtqaped property atl ~nd sirqvlu. intl4d~nq ~11 and s~~+gulas the ~ncom~. prof.ta, issues and ~evcnvcs from whalever
sou~ce daived, e~tl+ ~nd every ot wh~th, it Oe~np aYpteuty undentood, is hereby mort9sged ~s ~i tpec~ficaity ~et io~~h u+d deuribed in the gra~t~nq and
h~bendum davses I~e~eo(, +nd suc1~ Rece~vr 1Mlt Mw att tl+a boad and eSfecrive funct.ons and po+~ers in anyw~se entrvsted by a Cour~ to i Rtcniver, and
t~ch ~ppointrrsent ah~ll be m~ Dy such Cowt af ~n admincd puity and ~ matter ot ~bsolute nght ro sud MORTGAGEE, a~d w~~hout relerence to the
adeyvscy o~ ir.adeq.,ac~ of Me vd~e of the poperty mortysped w to the w~ve~+cy o. mso~vcncy of ..~d MORiGAGOR a the defencl~nts, •nd ~hat svch
rC-vs, pro(+~s, incane, ,:+ve~ ~nd rerenw~ ~MII b~ app6ed bY ~vch Rsceive~ accord,nq ~o tha liea or p~~ty ot sa~d MORTGAGEE ~nd ~he pru~:ce of such
CourL
To du1y. Prompt:y u,d IuUy perfwm, dscMrys. e:ecute, effeci. cwrpkte, comply wtth •nd abid~ by each ~nd ev~ry ths stipul~tior.s. ag~eerncnt~.
;o:~d:t~oni and covenants m~a~d promisso+y not~ and ~his mortyage set forth.
9. That in the eveM rhe ownenhip of the mortpa9ed p~m?~ise~, a~ny part thereol, becomes vea~ed in e perwn othe~ ttun the MORTGAGOR, t~+e
M.~qTGAGEE, i?s svccrs~ws •nd ass~g~s, may, wiihovt nor,ce to the MORiGAOR, deal w~~h ~vch succcssor d succeiso. in int_rr~t w~~h reterer,ce to th~f
n o•rgaye ~nd ~Fx deb~ hereby secvred in tM a~me manner as Mr~~h Morigapw w~~hovt in sny wsy vit~a~ing w d~schsr9ing the Mortgagon' li~b~lity Aerr
u~de~ w upon rhe debt hereby secwed. Np tele of tM premis,es hereby morty~Qed ~nd no farbe~rance on t~e p~rt o~ rhe lAORTGAGEE or ~ts s~ccrssors
w ass~gRS ~nd no eateos~on of ~hs nme 40~ ~hs payment of the debt hereby secured p~ven by the MORTGAGEE or ~ti wcce»ws a aas~gns, s:.alt operat~
ro .e~ease, d~scharpe, mod~fy chanqe o~ aflect th~ oriy;nal li~b~l~ty o1 Ihe AhORTGAGOR herein, either in whole or in pa~t.
10. It is speui~ully ~grted ihat ti.n~ i~ of ~he e~unce of this contrxt ~nd ~Mt no waiver of any obs~gst~on hereunder or of the obliy~tio~ ao-
cvred heteby iha:; at any tune ~heresttcr bt held lo be a w~iwr of tM t~rms hsreol or of fhe instrumeM secu~ed he~by.
11. In aJd.!oo~ ~o the fwego ng mo.+tfily paymenfs of pnnc p+l ind inrere~t reQ~~red by the p+an;swry nore secured hereb/, mortgagor covenant~
s• 3 agr~es ro prr to m.a•tgagee v.,fh cach mon+hfy pa~~:~ent an add~iional sum es~~nyred by ~softgagee to tx equal to 1; 12 of the annuel cast of rhe loslow-
I °
i A-A1: rraf pwpert~ ta~as fehed or attestird aqai~sf lhe above deuribed real estate.
B-P~en:~u~ns on hrr snd windsro~m ~nsurarce at here~~ regu:red ~o tI! U«~Ed on the ~mprovemcits s~tuate on the above deec~~bed prem~sea.
I~ C-Premiums on svch mwtgage gwranty inaura•ce af rnortg~gee ahall from t~me to ~~me deem (it ro urry on the toan secwed hereb/.
Mortgagee sha'! from e~.ne to t, *+e nonfy mo~tgagor ~n writ:ng of the amo~,~t d~c and payable he~tunder and such ium ahall the~eupon be d~e snd
I'i ;,~ab;e o~ the due aare af :he ~ex~ ma^.th:y payme~t and e~ch wccesaive month Ynereafrer uo~it mortg~gee thall no6iy mortgagor of a change in such
~ ~ ount. Such sums sFa + be appt.ed by mo+tgayee toward Ihe paymenl of reo~ propeny taxes, insuronce prem.umt, and mortgage guiranty inau~aace
~ ;-~•c^:~umi. ~
~ ~N Y/ITNESS 'NHEREOF, the aaid MORTGAGOR has hereuMO s~s his hand and scat tfie dsy nd eu fint •foresaid. ~
~ Sgned, Se~ted ~nd dei~ve.ed i~ the p~euncs of:
i
I _ +h
~ ~y . .,am
(Se+~)
i
, _ _ 4 - (5ea1y
' ~r~r.c ^
f j~]' ~ n r 'T lSeal)
i
I SiASE OF iIORlDA
j C~i~NTYOF- --_t. L'1^s~ ~
i • - ri-."~.
i ~ u .»^:~.:r_ .~t~;.t.+,j?~
before me perwna;iy appcared ' ,
~ =rsncr~ :,~r:plF ' f"~''
i h~s wiie. to me welt k~owo x?d k~rp :h b~~ -
: rr... ir.d~vid~als deur~bed in •nd who •aecuted ths (ae9o~n~ iRStrum~M ~nd:~clc+wiyledped befwe me ttut fhey e,cec~tcd the srr~i Fo? .
I ~~,-_.ein eap~essed. And the ss~d_ _ _ T'3YlC~':, t~. 3!^.~l.C ~ s C~
~ .,a;~ A. ~~amp N • .r ~ .ti . '
i .,.~e of the aaiA _ upOn s sfpal~~ ~iva;
~.am;ns+~on by me takcn separate and ep+r~ (rom her s~id hveband, xknowledged to and befo.s me that the exec~ted sa~d inatrvm~A~fr»~ '
t +r- r and w~Thout ~ny comp~iswn, constreint, apprehcnswn, o? fear of or from her sa' sband. ~M F' ^
.
~ Wlit~tf55 my hs~d snt! officid ua1 thiL_ a~`~ day of ~ .1~,•9~~~
i % ~ , ~ t e`~~~~~
~ Not~ry Publ~c in ~nd for the State of Fbrid• •t larqe•
' My Comm~u~on t~cpires:
P.eturn To:
F~rtt Fcde~~l Savinyt ~ loan Associ~t~on ~ ~Oti7r ~3t~K. Std~e O~
Oi fon P.e.ce p1 ~
?o~+ P:~~ce. cio~;da ~~Y ~~'r.nsran Ei~,iret Dec, i
b.a.a ~,...w. rn a c..,,.ip G~~rt
sTil G E COUNTY FLA.
^ ROCER POlTR4s ~
This Instrument Prepared By :.on~+ i~3 ~ uE~h ~RK C14CUIT CO{IRT
F,rst Federal Sav~~gs b Loan Assouation n I~ "°"~f0 ~
' of Fast Pierce~ :1ori~3
Fo~t P;e~~~, Florida 33450 APR 1 T g 12 AH •7~ .
:'`,n-kCCi By - . - .
364311 ;~28'~ ~ 7~,
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