HomeMy WebLinkAbout0909 J. To pl~c~ ~nd cor.~invously k~~p on ~M bu~:d,np~ now a M~~d~a ~~~u~~~ or ~a~d tu~d ~nd on ~N cquipm~M ~nd p~.wn~lty cov~.~d by ~hi~ ma~q~
s9~, w~~A •il p~~m~um• tM~~on p~~d m Ivll, Gn ioiuranc• ~n ~M u~u~l H~edad pot~cy Iwm. in ~~~m •~p~o.~J by ~h~ MURtc,,~G[E. •.xl w~~~d~~am
~mv~~nc~ in tM uw~l ~~~nda~d po~ cy lam, in • wm ~ppror~d by tM MORTGAGEE, ie ~uch tompany or taepu~~~~ q ~M MOR(GAGtE m~y
d~r~u; ~nd ~11 fir• ~nd w~nd~wrm imvr~ne~ po~K~ on u+y ol ~a~d bu.W.ny~, My inqr~?~ ~M~e~n or pu~ ~tiereol, in ~M ~q9r~ys~~ wm ~fo~~N~d a
~n •¦c~ ~her~of, f~ll cw+ra~n ~h~ wu~i ~~~~~d•~d ma~yp~ dw~ a such aF?M cl~vN at IM Ma~q~oe~ m~y req,,,r~. m~l~~p ~M :o~~ w+J~. •.~d pot~ •
ua~. eacl~ and •w~Y. P•~.a~e ro~•~d MORiGAGEE a~ ~t~ imaeu may ~pp~a. ~nd t~th ~nd ~vtry ~uch µu!~ty ahalt b~ won,puy ~ss y~,~d ~..d de.~vered ~o
any h~ld by wid MORIGAGEE as (u.~l?N sscurity to ?~id ma~pp~ d~W. ~nd no~ t~~t th~~ qn (10) da~rs in ~tJvNK~ 01 ~M •spu~~~on of ~~ch po;,q. to dh ~
I;,•er ~o s~;d MORIGAGEE ~ r~newd th~~wf, top~~M~ with • nt~~p~ fa ~M p~mivm o1 tuch r~ruw~l; ~nd ~F.-~~ ~6slt t,~ no I.r• o~ wu~dtto~+n i~surance ~
pl~ced on any of s~id b~ildinfls. ~ny Int~~t~t tM~~in w put Iherwl, unl~f~ in dk form ~nd w~th ~M toi~ p~~~bte u•tora~~id: ~~d ~n the •ven! •~y •um
ol rt,on~y b~com~~ p~yaEt~ u~de~ ~uch policy a polKl„ said MOR~GAGEE ~f+~ll Mw ~M oprw.~ ro r~ce~v~ and ~pply rM s~~„e on accoum ol ~ha lr~deblyd•
nes? ~ecurd hereby ou ro p~rm~~ ia~d MpRIGACsORS ~o rec~iv~ ~nd uw i~ a•ny pert ~he:rol 10. orhr. c~~s, ,•.~~ao.,r III:~• U/ 'NJ~~~ ~
~~9 •~y pv~ty, li~n p rght ur~ a ~y virtw oi this morrqp~t +od b+ ~h~ ~v~m M~d MORTGAGORS ~hall Ia ~ny r~a?on iail to ke~p ~h~ u~d p~~m~~ ?o
inwred, w f~il ~o de~~w. p~omptly ~~y of ~~id pol~ei~s o~ inwr~ne~ to Nid MORTGAGEE, a f~~l promp~ly ~o pay fu~ly •ny pre~.+wm ~herulw o~ ~n a~~
re~pect Idl 1o p~~Fwm, d~sclurye, •aKUf~, ~}l~tt, tamplet~, tomply witA ~nd ~b~d~ by Ih~f covenant, or •ny par~ hr~eof, ta~d MGRTGAGEE n~ay p~ace a~o
pey Iw such insurenc• or ~nY part Iherwf wilhout w~ivinp a af(Minp ~~y op~ion, li~n, pu~ty. or nyh~ u.,dsr a b~ v~r~w ol ~his Ma+9a9~. a~d th~
t~u nnoun~ of each 1nd ~vNy WCA wyrtNM fI1dII bt irrwn~di~tely dw ~od p~y~bl~ ~nd shall bear inrcrest (~om ~M d~u ~heieol un~il pe~d n the ra~• 01
~ ~~~e ~wr ttntum ps~ ~nnum ~~x! ~opetha~ with such imeres~ sM11 b~ ~ecvred by ~M Icen of th~s matyap~. •
1. To p~~mi~, commit a auftK ~,o w~s~~. imp~irmenl a dettriot~lion of uid propaty a~ny pi?~ tlxreot. •
S. To pay ~II ~nd tinOula~ ~h~ cwts, tMrq~s and tap~nas, iecludfrq • r~~son~bl~ +ttaney'~ fee and co~+s of ~b~tr~cts of t~~l~, i~w~red w pa~d at
a~~ ~~me by w~d MOR(GAG[E, bec~us~ a in fhe ~wnt ol Ur (~~lur~ on tM put of ~M ~aid MORTGAGOR ro duty, pra»yily •nd (u11y perlam, d~sc?.a~ge
e.~:ura. ~Hec~, comptet~. canply w~th ~nd ab:d~ by ~~t1? ~nd ~re~y the ~tipu~~twns, pre~menrs. conditrons. ~~d cov~~ann o( sa~d prom~iaory no?e •rrd rh,~
~orfgsge ~ny p? e~~he?. and sa:d coits. cFurp~s ~nd e:p~nse~. fKI1 ~~d w~?y. shall b~ immed~~tely due •nd pay~bte: whe~he~ or ne~ ~he~• be nonce de
mand, tlt~mpt ~o cotted w ~uit p~nd~ng; and rM lull amount of e~ch and rve~y ~uch p~ymam ihall ~ea. i~rores~ from ~h~ due the~eo~ uo~il paid a~ ~he ,
c~ n~ne per cenr~m ~~m~um; ~nd e~l sa~d coars, cher,~es ~nd eapenses incwr~d a paid, tope~h~r w~~h such interest, sMll b~ ~ecured by th~ I~en o! th~~ _
mort9aq~. •
0. That (a) in the ewm of any br~~ch of thi~ Mptpap~ w d+fault on tM pa?t of ~he MORiGAGOR, or ;b) ~n tM wcnt any of sa d sum~ of mon~y
hrrein refsrrad to be not promptly and fully pa~d with~n thuty l~p) d~ys newt dter the iame se+ero~;y become due and payable. w~~laut demand or not~ce.
cr ;c1 in tM evem exh and sw•y th~ ttipulatiora. ~g.eemtnt~. caxl~r;on~ and cownant~ of sa.d prom~sw.y note and th~s morrga9e +ny 'a e~fher •re na
i~:y. P~Ort~p/1Y ~nd fully perlwmed. d.xhar9ed. eaacu~ed, fIIKIld. compi~t~d, compl~ed w~~h o~+d ab>ded bv. i~ e~fher a any such ~ven1 tFw sa~d ag.
gregere wm meroqned in s~~d promiuory note ~htn ranaininp unpaid, with iMere~t ~tuuad. ~nd •it mwx~f setured her~by. sMll betwrw dw and pay-
io e forthwith, o~ ehereafter, at the option of s~id MORTGAGEE, ai (ully ard comple~ely •s i1 atl of tha ~~~d wms of money were a~y~~+a~ly st~putatrd
re be psad on such day. anytAin9 in se~d prom~~say note o~ in Mi~ Morepay~ to the conua.y notwithsundin~: ~nd the~eupon a therca}ter ~he opnon ol
i, d MORTGAGEE, wrtheut notKe a d~mand, wit N I~w o~ in pvity, there(ae w therc+(~e~ beyun, may be prosecwed as if ~II mw~eyi secured hereb~
n~d matured preo~ to d~ ~nihturan.
7. TMt in the ~vent that at ~M beginninp of or ~t any time pendiny any tiu~t upon this Mwty~ge, w ro taeclose ir, or to refwm ie, or ~o enfores
paymtnt ol any da~ms hereunder, uid MORTGAGEE sh~ll ~pply to the Gourt i,~vinq ~urf~dc~~on fhereoi tor ~he •ppo~ntment of ~ RKdvN, such Cour~ ehaH
fo~~hwith appo~n~ a rece~ver of said mwt9a~~d p~operty ~11 and ~~nyvl~r, inclvd,ny a11 and sinyvtar tha i~com~, pro(rt~. issues and reycm,es (~om whafe+er
se„•ce de~ived. each ~nd every of wh~ch. it beirg ~apressly u~+dtrstood. is hereby mo+tgaged ai ~f specd~uliy set iw~h and descr~bcd in the granhnq a~d
h-oe~dvm cl~uses F+ercof, ~nd si,ch Rcceive~ fhall have all ~l+e b.o~d ~nd eflect~ve tunce,o.+a end powl~f in ~nyw~se t~~rvtted by a Court to a kcce~yer. r:d
s_;h appointment eh~ll be m~de by fucA Cour1 an admitted equity ~nd • maiter of ~bsolu~e r,9h~ to ss~d MQRiGAGEE, and w~:h~u~ ~efererxe to rhe ~
ed_q;,ac1 w inadeqwcy o! ~hs v~lue of the p~ope.ty mptyyed or ~o the so~vency o~ ~nsowency of sa~d MORTGAGOR p fhe dtfenda~tf, m~d ~har s~.ch
~~~~•~s, protits, incane, ~aues and f~vMUp shaN be appl;ed by such Receive~ accwd~n9 to ~he Gen w equ~ty of sa~d MOR7GAGEE and fhe prau~ce oi ~~ch
, Court.
; B. To d~ly, pro.r,ptiy snd fully perform, d~xherys, eaecute, eifKt, cwrplete, comply w~th ar+d abide by each and every the atip~iafions, ag~eement~,
~ cond~r,on~ and coven~nu .n sa~d promissory not~ ~nd tha mortg+qs set fath.
9. That in ~he event the owne~ship of ~he mwtgaqed pemises, a~ny part thereol, becomes vested in • perwn cther fhan the MORTGAGOR, th~
~ ti~^RTGAGEE, irs wccessws and ass~ym, may, wittw~f no+ice Io the MORTGAOR, deal w~rh such svccetsa w successor in ~me+esr wah reference ro ~h.s
f To~ryage and ~he deb~ hereby s«ured in t1+~ s~me manoer ~s w~th Mortgagw w~~hovt in any way vitt~tinp w d+uhary~r~g the /do.fg~gori lisbu~'y he.r
! ~-der or upon the deb~ he~eby secu~ed. No w!e of the Frem,~x~ hrreby mo.tgaged snd oo (orbears.ue on Ibe pa~t ot rhe MpRiGAGEE w~ts succrasors
f c~ asx~g~s •nd no e~re~s:on of ~l.e iime fw the payment of ~he dcbt he~eby secwed p7ven by the MORTGAGEE o~ ih i+,cces~ori a ass gns, ,~~~il operate
j ro re ease, d:scharfle, mod~fy ch~.~e p affect the or,y.nal liab:l~ty of ~he MORiGAGOR here~n, eitktr in whole a in parl.
~ 10. tt ii spec~f~u~1y sq.eed ~hat t;me is of the esxnce o1 th~s conv~cr and that oo wai~er of any obGg.eon he~eundcr o~ of the obtigation ie-
;~red hereby shall •t any tims therea4ter be held fo be a wawcr of the terma hereof ot of the instrument accured htiby.
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~ ! 1. In add:e~o~ +o ~he lwego ng mon~n!y pa~menn of pri~c psl and inrerest reQuired 6y ihe prom:ssory nor! uw~ed hcreby. mortgagar covenanh
! e• d a9•ces ro pay to mort4agee v.~rM~ e~cA moe+h~y pa~rneM an ~dd~~ional sum eslimaeed by mortgegee to tx eq~al to 1;'12 0( the annuat coat of the foilow-
~ 1
{ ti-AI! real prope~ry t~¦es kwed or s~sessed a~ai-~st thc above dexribcd real estate.
I
~4 8-P~rT~u~ns on f~~e and w~ndsto-m ~nw.arce as here~n requ:red to be urned cn the ~mprovements s~tua:e on the e6o+c d>su~kxd µrcmises.
! C-Pte~*~~ums o~ wch mor+g,ige gv~ranty ~r.w~a.:ce as moregagee stait from hme ~o t:~ne deem fit to urry on rhe Ioan secur~d hereby.
I Mwtgaqee she ~ i.cm time to ~~~*s~ not~ly mo.tgagor in w.it~ng of ~1~e •mo~rn~ dve and payable he~eundrr and such s~-n shail ~hereupon be due s~d
j ~;ebie on the duc dete of the near rnoMn.y paym~nt and eath succes~ive mo~rh rhereafter urdil mwrgagte shall nor.fy morrgagor of a change in such
I ,nt. Suth sums ehaii be appi~ed by mor~gagee rowud ~he payment of real property taaei, insuraoce prem.ums, and mortgage guaranty ins~ror.ce
~ , ^~~ums.
~ IN Y~ITNE55 WHEREOf, the said M~RTGAGOR he• herevnto set his hsnd ~nd uaI the day year f~r esa~d.
I Si9ned. Staled •nd deliver~d in the preae~ of: j
! al)
j ~",G-~. ~ ~ ~ > : ona i~. ~ .sr~, ~~n
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.~~~Z.~t~i-y~~'.~.~~-cs~~q
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~ _'%.~E OF FlORIOA ~
SS.
~ _J~JNTY OF _~~1 ~-.iC =
` Before me personal~y appeared '~n~~ R. UT4~hL' s,~
t !~~e 4'• "+-~r;~hY h~s wife, to me well k~+own •nd known to me fo ba
~ •~:e ind~vidusls descr~bed in ~nd who ~:ecuted the foreyoinp instrurr~nt, ~nd ~cknowledped before me that they eaecuted the same fo~ the p~,~poses
= r~:~.e~n expresscd. And the ~aid .)J1'CL' ~~ZYj~}2y'
~ ..'e of the said _ _~r%11~ ~~UT')hV
a ~ vpw~ ~ sepu~tA, +nd priv~re
~ e.e~, nit~o~ by me ta~en xparo~e and spen (ror.~ her sa~d husband, ~tknowfed~ed to •~d befors me thst she exetuted said ir?t~tument fre~y~irtd vot~n-
y and w~rhout •ny compulsion, cons~reint, ~ppreFxnswn. or f~u of or from hN Nid huflHnd. - L.--,• ` .
j WITNESS my hand snd o(ficial ~eal this__ 1'~t h dsy of ~r Z 1 s-' y ,q,~~1q
I . • 'C', : .-i -
•
Not~.y Public in and fp? ~ ~~id~ af ~
My Comm~uia~ txpirea: ` n ; ~ :
Rerura To: ~
; ^ ~ ~ ~ v : 'l ~
~:rat federal Savings 8 Lwn Assaci~t:on ~ ' Y '•'~~J •
~ ` • • •
oi r~{, P.P,~P Notsn? Put~ic. Slat~e,okflori~i~~
fo,? V~e•ce. F~on~, 111y Commissiou Ea~'Dee. 5.19~0
b.wa b~•• ~n a uswrr C•.~MI
FIlEO ANQ ItECOR0E0
7his tnstrument Prepared By .~'c= i n-~::xtc,r aT.lUC1E e0UNT1? f~A ,
F~rst Federal Savings & Loan Association NOGER PO~TRAS ~
of Fort Pierce~ i~r ~ ; 3~ f1 Fa~. CiF~U1T CbUAT
Fort P~erce, Florida 33450 • ~~.rsEO
~:,~.cked By APP 1l 2 49 PM'7T
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