HomeMy WebLinkAbout0204 To pt~a ~nd oontLwowl~r kNp on rh~ buudi~ now a Mnaf~ p~uaw or s~W bnd and on ~II pvtpn+~et and p~lly wwnd b11 ~N. morp~ ~
•p~. with ~11 pnmiwns U~ron pa~d 1n ivl~, fir~ kuw~nc~ N ~M vsual u~d poliry iorm, b• swn pp.owd bt~ tM lNORiGAGEE, and winc4rorn~
~
tn~ww~a M th~ wwl aa~dard poliry ta~R M• w~a ~pprowd bp tM MORlaAGEE. In wch corry~nr w.a~np~nha w N~ NWRiGAGEE nuy
dirKtt +A+d d! fir~ ~nd wind~wnw In~wana policia on «?y Of Mi~ bYiWil~y Mtr MNNMt M~Mfi11 O/ pirl lhKW~. h tM ~pa~ w~w ~f«~w~d a
~n ~xaa tl»rw~ ~Iwll oa?~~in tM vawl ~~a~dwd morpp~e dwa a wch alw dwa a tl» AAatp+p~s nwy rpvw.a T+~p Nr ~aa und~r~a~?d po1F
d~. .«h and .vay. wraW. to add N?ORTGAGEE •a in kwr.u m.y .pp.w. and ~ach and wMy wch po~ky sM1t M Pranptb ~aqMd .nd d~w~r.d w
~+~r h~W by wW MORtGA~iEE a fwtMr ~.owhy a f~id morqsp. d.W. and. na Iw tMn ~1Q1 d.y~ M+ ~dvu?c~ ot tl+~ .xpiruion o( wd+ polic~r. ro d~-
IivN q Nid MpRTGAGEE a ran~w~l Nwwf, top~thK vrirh a hujpt fo~ f!~ p~mlum of such rNNw~lj ~nd ~hs~~ aF~ll b~ no fK~ a winds~wm inswa~c~ ~.r..
p~~ad on any of sald buildinp~. an~? Mt~nq tMrNn a p~t tMrw1. w+M~t In tIN tam and with tM bw p~y+bl~ a~ ~fons+idi ~nd tn tM w~n~ ~ny sw~ =
of nwMY b~co~MS p~rabN w~ wd+ PdkY a pdicia wW IMORTGAGfE ~Mil haw IM oprion a nc~iw and apply tM sr~ on soca?m ot tM U+d~bt~ `
++a. uaw.d fi..nby w a p.rmt~ aW MORTW?GORS a ~.aiw and w. h a any put th~reof fa other purpoi~s, w~~hout tAs~eb/ w+ivi~q a~mp+~r• i,'`
~np ae?y qu1~y. INn or ripht urd~r ar by vinw of N~is mortp~pp and In tM ~wm uid M4RTW1GOR8 ~hali fa a+?y ~NSOn f~H a kNp th~ ~aid pr~r?iw~ w
n+wnd e. i.~t a d.~+w. wo~uh +~r of wd ~Ksa of t~ww.~a w s.td ~~ortTC~GEE or i.~~ a«~?pdr ro wr f„~hr «+r w«~~ ~ti...ta a h anp
rKp~ct faH b qriam, dbclwy~, ~x~a,q, ~ff~q, oompl~t~, coniplr wNh ~nd abid~ by this cownant, « any put M.wf, s~d MORTGAGEE may pl~o~ a~o -
P+Y tar wd~ lmaant~ or ~
+n1? O+r1 tMnof without w+hG+p a+tf~cNnY Mry/ optipy li~n, pvit~r. a?1pM w+dN o~ by vtr~w of this Morroap~. and the
full amowN oi Nch ant! w~y wd~ p~yewy ah~d ~ in~n~dwh~y dw ~+d pyaW~ and sh~ll bar infK~st irom tlw daN thNpf V~+til piid tl th~ taN d .
~in~ pM pnlwn pM annum ~?d top~ths~ witFi wch ietKat ~hsll b~ sKw~d by NN tNn o~ thb .morps~. ' w±
4. To pwmlb aowm~it a wft~r no wa~.~mp~irm~M a d~hrior~tion of wid prop~rtr or ~r part tlw~oi. • ~ ~ ,
s
S. To pay dl and siepvtar th~ aostt„ eh~pM ~nd •xp~ey indu~in~ . rwon~bl~ ~»wMy's fN ~nd aost~ of abturaets of•tirl•, incurnd or paid a ~
any tLa~ by uid MORTGAGEE, b~u~p~ ot b tl~ ~wnt of tM i~ilun on tM p~t of th~ s~id MORTW?GOR to duly. P+~P~h ~ fi?U1? W~fan4 d'ad~up~, ~
•xecuty ~fhd. oomph». oon~lr with ad abid~ b~? Neh and w~y tl» stiPd+~ion~. pra~e?M. oor?d~tion~. a~d ao~a~+t~ oi seld pomisiory ~N ~nd ~hia
+^or~gp~ a~rhN. ~nd sa7d coser. dwrq~a u~d ~xp~ra~~, sach a~d ~vNy. ~lwll b~ immedi~t~ly dw and p~y~bl~J wMtM+ o' ea Nwn be norict d?
m+nd. ~tNnipt to eoll~et a wit p~d'irg~ sed th~ (ull anwwN of Wch ~nd swry wch parn~nt shalt b~u i~terest fran tM daN tlweoi vntil paid ~r tl,e (
rare of n6w pK centwn pa urw~ ud ~11 ~ld oosq. cFwy~a and e~cpa~ws_ incwr~d a p~td, lop~thsr with wch inta~af, ahdl b~ Mcund by Nr Iwn of tM~
mo~t~p~.
a n~.f W in t!w .wnt of an„ br..d, of na. ,Ilb.tpap. w d.f«At m tFr part of d» ,YwRTGI?GOR. or ro) in th. w~nt .M, of wd .w+n of Mon.p
herein nfirnd W b~ rtot prompth ~nd {vtly paid wirhin th'wty (~p) days Mxf alter Ih~ s~ s~,rerdly b~cp»e dw and payaW~, witAoot d~n?~nd or eotk~.
or (d h Mr ewM ~ach ~nd wKy tM stipulat~om. ~~wMros. aonditions +rd cov+naoh of w~d p~omisaory na~ uid tAa mort9ap~ +M a~it1~ ar~ na
fi,~y, vromvtl~r and fv~M w~f«m.d, disch~p.d. •a.a»sd .if.n.d tonwNf~d. oanM~.d wNh .ed. abid.d ~y. tMn in eith.. a
greys~ Wm i+keaioMd k~ said p~orni~sory noN tMn nmaini a~W sueh ~1 11~ aaid
ebl~ forthwitly a therNftsr, at tht ~'d with inf~rat ~oawd. arw) all ma~sys ~seund h~r~bY. sh~ll b~aoiew dw ~nd WY~
option of said MORIG/1GEE, q fu11y ~rd con,p~et~ly as N all of the wid wms of r~~'wen•agin~ly s~~pukred
ro be paid o~ such d~y. anythin~ in s~7d pranisso.y noa a k+ thta Mo.tp~pe ro fhe corurary earwi~lu~.ndirg; ai+d tMrwpon a thc.eattK a~ ?M op~~on of `
~aid MORTGAGEE. witFaut notic~ w d~msrd, wit at law a h~q~ity, tFwafon or thKeafier ma b~
hsd man?nd pior ro ib Lutitutiot~ ~9~^. y P~o~ec~ted as if all mon~ya ~ad Iw~by
7. Th~t in thM fwnt that at the bsyiminp of or ~t aery Hm~ P~++d'r^9 +nY svit vpon tbb Matpag~ a fo foretlos~ h, or to tefom+ N, ot to enforc~
payn+eM of any dainu I+Keunder, aaid MORTGAGEE shall spply to th~ Covrt F,avi~p jurisdrciwn thereof for the ~ppointm~M of ~ Rec~iv~r. wch Ca?n ~tl
f«Thwith appoinl a~ec~ive~ of said mortpa~d property dl and sirgvlar, kidudinp ~U ~od sinyvlar th~ incom~. profits, iswn aKl rwawes fron? wM»w~
wures d~r'+wd, tach and ewry of which, h b~~ny ~xpnssly vnd~rstood, is he~eby maWa9ed +s if spactfically wt forth a+d desaib~d fn tM qr~ntinp ~nd
haba+dum tlaua~s hsrwf, and wch R~ctlv~r shall IMw ~1! th~ 6road and ~ffectiw fw?ct~o~ ~d Powa• in anywise dmn,atad by ~ Coun ro a Reoeiva. ~nd
such sppoiMmem sh~U be ~n~ds by wd~ Court a an admit~ed aqulty arw! a n»tqr of ibsolut~ ripi?t to aid M0ICTGAGEE. and witAout nferer~u to th~
adeq~acy o~ &wd~qu~cy of tM wlu~ ol tlr W~M ~+O~d oa to 11~ solwi+cy w HaohrsKy of s~id MORTGJIGOR a tM d~fp~d~nt~. and th~t wch
renrs, profiti. incorn~, aw~s and r~v~nwi ~11 b~ app{i~d by wcfi RwivK aawdinp to;th~ iien a pu:ry of wid MOltT~iAGfE and the p~~qica of sucb
Co~rt. • -
& To du~Y. P~~P~Iy ~nd fu1~1? P~~. d'~+~~. ~xsevh. ~ff~ct, coe~kt~, oomplY wilh snd abid~ by ~+ch ~nd every th~ stipulatio% aprMments.
condiYan and covensna in s+id promiuar ~ot~ and this mortqa~ s~t fath.
9. Tiut in ti~ went th~ ownusfdp of ii~t +"o?iq+qQd Pr~mis~s.. ar mY put tk~rc-~f. ~SCa~r.es wst-~! ts~ a fxr~ otl:er t!~ tl.r MQRTGAGOR, th~
MOR7GAGEE, i» wocesw.s and sssigrp, m~y, wirhout ~oYrce ro th~ 1NORTGAflR, daal wifh wch svcceswr oe successw in imer~s~ w;~h retere~+ce to tha
ma~9ap~ and tM d~W hsr~b~r s~cw~d ie 1M s~ m~nner .as with lKwt~yw without -in . any _way vitiatinp w discharyqg ffa liAortpapa~' tiaWlily Iwrr
under or ~pon tht debr beraby iecwed. No uk of !he prsmises l,ereby mortp~d and no fwb~ar~nw on tFN pan of tM MORTGAGEE or ib wooessws
o. sssip~s and no ~xtension of fhe tim~ fa ths pajnnent of th~ d~bt Mr~by s~cwed 9iven by tM MORTGAGEE w it~ wccesaoa or usipm, ?tMil opa~te
ro r~lew, disclNrp~. mod;ir clN,g~ or sfhct tM oripi~wl li~biliry of tM MORTWIGOk 1»r~in, eitF,a in wFwb a in pirt. -
10. M b sp~cificsHy ~proed Hwt hn~ is of fM es~er~re of f1~is oo+Nrxt u~d lbat no w~iwr of ~nr obl'~pation Mrw~dw a of tfr oblipation ss-
cured h~r~by shatl ~t ~~ryr tktw thueahM' heW 1o bt s w~ivN of tM tams he`eof or o! tM k~strumeM s~wred haby.
11. In ~ddition to fhs fore9o:ng monthly psyments of print:pal and interest required by the promissory npte aecured herobY, mortg~gor coveoanft
arrd agrses to.p~Y to mortpaspe with wch montldy paYment ~n additional sum arimatsd by inwty~gee w b eqwl to 1/12 of ~he annwt coN of the fdlow-
i~:
A-AM real propaty bxe~ levi~d « auessed painst the above d~scribcd real est~e. ~
B--Promiums on fve and wir+d~tam in~uranc~ a hsrein reqvK~d !o bs urried on the ienprov~nts sitwte on th~ above descn'bed. Pnmis~+-
C-Pr~mi~m~ on suth motlq+9e qu+nnh inwr~noe as mortpapN shall from time to ti~we deern . fit 1o cury or~ th~ ban - secured heteby.
AAortp~pe~ sl+all from timt to tim~ nwify mortgs~w in writ;np p{ th~ amovnt dw a+d~psysbk hM~w~der and such sum shaN therwpon be du~ and
psyabl~ on th~ due dst~ of tt+e oext ~weM6ly piyment ~nd tacl~ woqssiv~ month M+ercafie~ until mort9ayee shsll natify mort~spor of a ciun~e in axh '
amount. Such sums sh~tl be ~pplied by mortpap~e toward ths paymee?t of rea! propeny taxes, imurance pem:ums and mort9s~e ywnr~ry irqwano~
premiumf.
IN WITNESS WHEREOf, the ~~aid MORTGAGOR h~s Mrwnto set his hsnd and seal th~ d~y and y~u fust oresaid.
S~al~d and deli~nr~d in t!N prN~na ~ ~
M ~ ~
. Tee , a s ng e a
ctEa~
R~~t q
cr~~n.1 YElttftEO......~---
- 0
. >>j,~
!p so ~N'1l .
STATE OF fIORIDA
, ~Ui;;'G r,
.St. Lucie ~ ss.`~ ;a.,..•.... ~
courm oF ~ - . n~: ' - ~ = ~'o'~
e.f«. P..,~,.oy .~...a John D. Teel a sin 1Q ~~~l'~ ~`8
. : .t ,
1~ ro rr,~ w.~. - ind;knouw~;t~,rnA a b.
ths infin?idwb dau~d fn and who ex~cuqd tl» forgoinp irotrunwnt, and ~dor~anwkti~uu! b~(or~ m~ thtt th~y~~ioeyN~ ~tM iMib:;~or ~~thi pwpo~~
th~raln e~cpr~d. ~~it ~ • `l~' : : _ ~
~t~foeRlbiu00 -r ~ •
~AqGlc
x~~[yf - 'r-~e''~Y-~F- . ' -~~:s~~ttn~~tt~~`~`
WRNESS my Fw~d ard offkiat sNl +FSa ~y ~ ~e A. D. t9 7~
Not ~nd for tht Stat~ of Fbrid~ N L~rp~
Return Ta . ~ f
Fkst F~d~r~l Sav~npa i lwn As~ociation ' .
Of Fo.t PKrce. y~_
Fort Pierte. Florida Q~ ~:~ij lt ~
• s~ll E7IjnTEf .~Q, t'~.~, ~
•n S lw~s ~
This Instrument Prepared By ~ry R. B11MOOd •
First Federel Savings b loan Assotiation
of Fort Pierce
fort Pierce, Florida 33450
-
Chacked By 7 • ~ ~ Q ~
, • V ~ ~
, . i~: ~
a • _ m~
i
- . . . _ . _ _ . - - -~+s . r.,~ ~ -