HomeMy WebLinkAbout0911 TO (1IK• •nd conu~xiou~ly kNp on bu~'d~np~ now or Mrpha ~~wal~ or sa~d I~nd ~~d on d; oq~~N.~ant ~r~d p~nonatly coY~r~d b~ ~hi~ nwnp.
~fl~. w~~h ~11 p~em,vms ~h~reon pa,d ~0 1~11, I~n inwr~nc~ ie iM vwd ~~~ndud po1Ky (am, w? • wm ~p~o+~d b~ ~h~ MUR~GhGtE. ••Kf wr.~ds~o~m
~nw~~nc~ in tM wwl ~i~ndard pol.ty fany in • wm ~pprov~d pY ~M MORiGAGEE. in ~uch canpany a comp~n:~i eM MOkic,AGEE m~y
d~rea; ~nd ~q ti~~ u~d w+nds~wm uw+r~~u potk~~~ on ~~y O~ N~ If1I1W~np~. ~ely I~1i~~Ifi IIN~Iwf O~ par~ ~ha~sof, ~n eM ~pp,cq•+~ wm ~tae~~~d a
in ~ac~a ~her~ol. siwQ comun ~M u~wl u~ndard mat9pN d~uw a~uth alwr d~vs~ as ~M Mw~p~ye~ rrNy rsqv:r~. rrukinp ~he ~o~~ un~l~r •s.d pol~
, u~~. NcA ~nd ~vay. par+bl~ ro Hid AAORTGAGEE a~ ~~s imKeu m~~ ~pp~a~. ~nd ~~cA ~nd w~~y tuch pphcV ~h~ll b~ p~omplly ~s~ 9~,:d •~+d d+~~+sred ~o
•n~ Mld by N~d MpRIGAGEE a fur~Ap ~ecwity to f~~d mortqp~ dtb1. ~nd, nol I~a tMn ~~n (101 d+ys in ~dr~oc• o) ~A~ •apu~ta~ of fKF~ pOhCy. to d~•
Irv~r lo t~d MORiGAGEE • ~e~ww~l tMrwf, Iop~~l?K witl~ • ~~te~pt fw IM pr~mivm ol ivtA renewal; ~~~d ~h~r• th~tt no i~r• or w~~~d~w~~n InWr~M!
plsc~d oe My o} s~id b.~itd~.~p~, ~ny 1ro~r~st the~~in w pat tMr~of, unl~s~ in ~M fmm ~nd wifh tM Iwf payobl~ •(o~e?~~d; ~nd in 1M e~ent any ~vm
of nwMy b~com~~ pay~bt~ u~der ~„ch potity a po1Ki~~ uid MORiGAGEE ihall haw tFr oplion to ~eca~ve ~nd ~pNly ~he s~~ne on acco~n~ of the i~.debrcd
neu fecw~d Iw~sby a ro p~mi~ ~~d MpRTGAGORI ro receiw ~nd uf~ it a•ny parl ~hereof 10. orni. Hu ,.osca. ..~~no~e tA~.. n:~.~,~ c. N..~r- ~
~~q •ny pu~ry, LM a rpM unde. a by vir~w o( tlw~ mort9~~ ~nd ~e ~M w«+~ ..~d N?oRrc,~?GOas sn+u rw a~,y r•.w., lail ro t~ep ~M ~a~d pttml~ef w
Imvred. w f~il lo d.~~w~ P.w~P~iy any of uid po{[iN OI iawr~ne~ b N~d N10RTGAGEE. or lail promptlr lo p~~ luity ~ny pre,nwrn thera+o~ a~n •~~y
~e~pecl bil ~o p~.lam, defcharg~. eaecut~. etfK1, eompl~q. comply with and ~bid~ by th~f cown~M, a sny per~ hereoi, u~d M4.RiGAGtE m~y p;~ce r o ~
pay (w ~uch iniuranc• or ~ny part thk~( w~~hovt waivinp or ~ffMinp any op~ion. li~n. equ~y, d riqh~ unde~ a 6y vi~tue o1 ehts l~twt9ape. •nd ~he ~
f~ll amo~ne of e~ch a~~d •vt~y suth p~rm~nt ~hail b~ imrt»diat~ly dw ~nd py~bl~ and ~MII bea. inte~eft frcm tM dar~ the~eoF vnt~l poid at the n~e of
~~~e pe~ cenfum ~»r ennum and to~elfie~ wi~h ~uth ~nrere+~ ~Mn b~ secu.ed by tM ti~n ol th;s mortya9~.
1. To p~~mi/, comm~~ o~ sutf~r no w~~q. impai~ment a d~~~rior~t;on of said propaty or any pHt tM.~of.
S. To p~y all and ~irpulu tM costs, chupa ax! ~ap~nsn, inclvdinq ~ nason~bl~ ~tto~n~y i le~ and cost~ o! abst.acta oi ti!ts, incurred w pa~d ar .
sny t~rna by ~a,d MORiGAGEE, betaus~ a~n tM tvtro of tM (a~lur~ on th~ pa~t of tM uid MORTGACsOR 1o dvly, promptly ~nd lu~fy perlwm, d.xhsrpa
e.ecur~. •ff~q. eomple~~. comply w~~h and ab.d~ bY ~+~A ~nd ~very tM u~puta~wr?i. ~1lM~lntf~ tWd~tWflf, ~nd CO~IfMnlf OI H~ PlOmiaiOry noee ••,d il,~~
~,or,9aya ~ny a e~~her. •nd ~a,d cos», ch~r~e+ ~nd •xpenu~. each •n~I ~vNy. thall b~ immed~~tely dvs ~nd payeb~e: whether a not eher~ be no~~ce dy
mavl. •tremp~ fo cotlect w w~t pend~ng; ~nd N» (ull ~nwunt o( ~~ch ~nd wNy such pa~man~ shall bea~ ineeres~ from the d~~e thereot untf~ pa~d u N,c
,.,u nine ~xr cenrum per ~n~rum; and aU ~aid cost~, cMrye~ ~nd exptnsrs incurr~d or paid. lopether weh such interast. ~hall be setured by tM I,en of ?h~~
mort~ay~.
6. Tha~ (e) in ~he ~venr of ~ny b«ach o( this Ma~yp~ a d~fault on tln part of the MORTGAGOR, w(b) in tM ~vent ~ny oi sa,d sumi of morwy
herein r~f~rred ~o be ra~ p~omptty and fully paid wi;hin ~huty (30) d~ys naaf aher tM fame ae+era;ty beca~~e dx and pay~bie, w~~hout demend or nonce.
o~ ;c) in the event each and ev~ry ~he sriputa~ia+s, ~9r~em~nt~, cond~tions a+d cov~naata of sa,d prom~swry noee and tha mortqape eny o. a~her a.e noi
i~lv, p~ompttY arul fuily perfwmed. d.KM~9Cd. laKUtCd. ~ffected. compkt~d, compl~ed wi~h •nd ab~ded by. tn~n ~n e~ther o~ ~ny such wem tM sa~d ag
pregat~ wm menunned in ia~d p~ani»ory not~ then remaininp unpaid. with inter~~l ~cuued. ~~d •tl mor?eys secured hereby. sM;l becorne dve and pay
et~e forthw:~h, o~ ~here~i~er, at e}r opf~on of a~d MORTGAGEE, a~ fully and canple~eiy as ii •11 0~ ~he sa~d s~ms of money vvere ongina.iy a~.pu:eird
ro be p+~d on iuch day, any~~ing s~:d p.om:uory not~ or i~ this Mortp~g~ to the comrary nor«~~h~tand~ng; and the~eupon w Ihereafte~ a~ ~he opi~on of
s+,d MORTGAGEf, wrthout notKS o. demand, wif at I~w a in puily, the~ela~ o~ thcreaftN begun, m~y be prosecWed a~ i{ •II nwneyf secured hereby
ned rrwtured pr~p to Js ~ntt~t~lpn.
7. Ths~ i~ the eve~f Ihat a~ ~F+e beg~~n;ny oi or ar any time pend~ny any su~t upon thi~ Mortgage, o~ ro farclose it, or ~o relorm it, o. to enio.ce ~
c~r~*+~~~ of any da,ms he~eu~der, ta~d MORTGAGEE shall apply fo t!u Gourt hav~ny jw~sd=ceioo lhereof for the +Fpo~mme~t of ~ Receirer, fvch Covrt shsil
f~:~hw~fh ~ppo~nt a recciver of sad maty~ed property all ~nd sirgul~r, includ~ng all and ~~ngvl~? tM income, prol~fs, issues •rd ~even„~~ lrom whate~cr
sewce der~ved, e~ch and evcry of whkh, it be~~g ea{xeuly ~~rstood, is ht~~by mwrg~ged as ;f ~pec,ilc~ily Kt (w~h and defcnbed ~n the p~~nt~~ and
hnbendum cfawes hereoi, ~nd avch Receive~ shall iuve ~U rFw broad •nd effece~ve funu~on~ ~nd powers in anyw~se emr~s~ed by • Covrt to a Rece~+er, a.~d
~_ch spppintrncnl thsii be mad~ by such Coun as ao ~dmitled equily ~nd a rrwner of absolu+e rigM to ss+d N?ORTGAGEE, and w~rhout refe~e~.ce ~o ~he
edeq~scy w inadeguacr of ~h~ wlw of rl~e poperty menp~yed pr 10 ~he wnency or ~~sosve~cy of sa~d MORIGAGOR a ~he defe.,danta. u+d ~!~et such
~e~+s, prof~ts, ir+come, ~saue~ ~nd revenue~ sha1l o~ ~ppl,ed b~ such Receiver ~ccord~ny to the ~ieo a equity of sa~ MORTGAGEE ~nd the pract~ce of ~~ch
Co~rL
I 8. To dvt?. Dromptly and fvlly p~.torm, discha~ge. execute, eftect. complete, comp~y with ~nd •bids by each and every 1he s~7pufafions, agrcemrms,
cendit~ons ~nd covenenra m aud p.wn;sso.y ~ot~ and ~h7a morrp~ge aQt fdth.
! 9. That i~ the event thr ownenh~p oi the mwtgaqed prem~~es, w any psrt thereof, becomes vested in • person cther than rhe MORTt'sAGpR, fhQ
f ti' ~RTGAGEE, in successwa •nd ast~yns, m~y, w;ih~ut nonce to the MORTGAOR, dea~ w~th such successor a successor in ~ntercst wnh ~ef~rence ~o th~s
I °~'"~9~ and thc drbt hereby tKOret~ in th~ tsme manner as wilh Nbrty~gor w~thpuf in ~ny w~y vit~ating p d~xAa.ging ~he Idlortgagors" 6abdity F~rrc
~~.der or upon tY~e deb~ hereb~ scc~.ed. No ate of the F~emius hereby mwtyped and no Forbear~nce on the par~ of the IdORTGAGEE or it~ succrssws
c. ess~gnf ~nd ~o e¦~e~s~on af ~be t,me fw ~hs paYmen~ oi Ihe deb~ hereby secured Qiven by the MORTGAGEE o~ ~h succesias or us gns, .~~~tl oper•te
~ +o re eix, d~uharge, mcdify cM~~e a affect fhe .ag~n~l Iiao~Gtr of the MGRTGAGOR Mreie, ~~ther io whol~ a in p~rt.
~ 10. It is.spec:i~capy ag~eed that tim~ is oi ~he ess~nce ot thi~ confract and tFut no w~ivM of any obtg~~ion hereunder o. of th~ obtigarior~ sr
! c~~~ed heroby shat; e~ en~ hme there~Ntr be hsld to be • wa.ver o1 the terms he~eo} a OI the instrument secured herby.
11. In add.t:o~ to ~he foregc ng n.oothty paymenls Of princ p~l ~r~ interest tequired by the prom~sscry no~t Kcurrd herrb~, mo.tga~~r cevenants
d a~.eef ro pay r~ m.o•tg~yer wrh e~cA month!y p.syntnt ~n add~~ioaal sum esnm~ted by nwngsgee to be eqval ro 1,' i~ of rhe am•uat cost of fhe fo~:o,n-
i ~'~J
I A-Ali .eal prcpert~ ~e,ces le.~ed w assessea ~g.~;•,ft the above desc•ib•d real esrarc.
B-Prc.~,u~r+s on (;rf ar~d .v~nduonn mswar.~e as herc~n req~;red ~o be carried on the ~mprovemenrs s:tuate on the above desv~Led p.em,ses.
I C-Pte~r.~u:na on such mo.tpege gwranty inswe~.ce as morrgagee shall from r~me to ~~me drem f~t to carry on ~he ban ucured hereb~.
Mersgagee s:^.a" frcm nme to t~me ~oMy mortgagor 1n writiry of the amounf d~e snd pay~bte hereundrt and auth su~n ihail thereupon be due and ~
;,;abte on the d~e dere of +he .~r~t month:y pay.n~nt and each success~vt month theres(t±r un~il matgagee thall not~fy rrwrrga~or ot a change ~n s~ch
I ocnt_ $~~h sums s~e'i tx app'.~nd by mort9~gee rowud the paymtnt ef tea! property taxes, inauronce prem.umi, a~x) mortgage qua:anty infurar.ce
r,~em~~~m3. ~ .
I IN YII~P1E55 ::HEREO~. the said MORTGAGUR has hereunto tet his hand snd se~l the day •nd ye~r first aiaesa~d.
' S~p~ed.,~ea!ed •nd delivcred m th~ presence of: j
~ f~--~- ~K ' • / - ci s~.p
QT1RQ' . Zlpr ~
i _ _(Seal)
~ 0!(~ 21PT (Seat)
~ - (Seaq
~
~ .
~ S~:~TE OF FtORIOA ~
f "7U'~iY Of ________$t _~•UCle SS_
I
I
{ Before me personsti~ appeared K.enneth A. ~pZ1QT ~~d
E Marc~aret Dozier
h~s wffe, to me well known and known to mc to be
i !ha ;nd;vidvab desu~bed in and who executed tht fae9oiny iniuunKnt, r~d arJcnowledyed befors me that rhey eaecuted the sarrK for ~he purpose~
ihe.e~~ e~presxd. ArK! the u~d---- M31'~1'@t ~Q21P1'
i rc of ~he ,a;d Kenneth A. Dozier upon s seps-ate •nd p.~wre
'i .~~*-.'nat~o~ by rrse taRCn upar~te tnd spert (~om he~ sa;d husband, acknowledyed to •nd belore me that the taetuted sa~d initrument frcety and volun-
~ y and w~thovt •ny compvlsion, conirr~int, ~pprel+en~~on or f~ar of o~ irom her said husband
J h r
WITNESS my hand and officiil seal thii_ ~SQZ~ da of April 77
Y A. D. i 9
Notsry Pubtic ~n d} r the State of Fbrfd~ ~t larye
My Comm+ssion xpires:
Reture To- ~~ry P,,:,r.., $;at~ o! FS.v. ;.t 1~•~se
fint Feder~i Sav~ngs 6 toan Assotiat:on My Cory,n::::;a,~ E~..,.,; ' ;yil
O/ tort P e•c• •
' dor.d..d Ly A..ta::_ n t.. S C.,..~,.,:~ Cw.
Fcrr P~e+ce, fio•id~
3644~.9
~ ~
This Instrument Prepared By Robert J. Evans, Jr . . ~ ~
F~rst Federal Savings ~ loan Assaiation : v~• _
fllt0 AM~ A[CQRDEO
of Fort Pierce =T• LUCIE C = " ~ ~ ~ ~
Fert P~erce, Florida 33450 ROCFR O~tpAS J''~.}-" U`' f-
• _~l~ . - ~<<p; ~ryi
CUIT COURT = or ~ ~ '
,
. _~ked By t~-~• - ~EO~ ' ~ -
APR 11 2 a9PF!'~1 ~ . .
~~?n - ~
t~eX .f1~ ~tr,~ sr
~ - :,~.a.,~.~ f~~:~~ _ _ _
, ~