HomeMy WebLinkAbout0207 s. To pla. «d continuou.N k..v on th. euud'w~p. eow o. h~.«t+.. un,.» oa .,Id I~nd «~d on ~I~ .q~,Ipn.M .ea p...on.~~y cow..d b~? ,hi, n~orq~
p~, wi~h ~q p tAtnon p~id in iv16 1kr inW~~np in tM v~wl N~ndard Pakl? M~m. h• aw~ ~PV~ovd bM tM MORTGAGEE. u~d windaM~m i.
imwsna In tM
u~iwl ~~~ndad poGcy k~ In ~ wm approwd by Nr MORiGAGEE. tn wcA comp~ny a coinpani~ a ~M JNORTGAGEE nwy
dir~et~ w~d dl iin ~nd wtnd~wna NwwM+a policiN on anY ot wir burldNpt„ M?NrMt tMreln or part tM~~oi. tn ~M ap~.ep+~~ ~m dor~aW a
In N~~ol. ~h+tl eo~aatn eM ww~ u«~d+.d maq+pM d«~w a wd~ a~Mr dwu a tM Maq.gM nwr nq~+cn. ~1np tM ba w~. sa~d po~i~ ~
clN. Nch and ~vKY. WYabN w~ald IIAORTGAGEE N iM irM~nsl ewr appw. ~+~d Nch and wKy wcl~ polky ~hsll M pranpHy ~a;9n~d arw! d~liv~nd 10 ~
+~ny Mld b~? s~k) MORTGAGEE a fw~ wcwMY w sdd matp+~ d~M. aed. ~ Iw IMn Nn 1~0) day~ h~dv~na o~ 1h~ ~xpkation o/ wch poiky. 1o dr , c
IivM to wW MORTGAGEE • rt~wal tMr~of. ropttMr wi~h a ne~ipt far tl» pnmiuen o~ weh r~w~4 ~nd rMn ~MII b~ ~o fu~ a wudi?am k+wrW+a .I
plaad on anr of sa~d bvildinp~ My In»nq fMnin a p~rt tMr~of. unt.ss in tM form and vrith tl» loa pay~bl~ a~ ~fa~~dr u+d in tlw ~wnl any swn _...r
oi nane~? b~can~s p~yabl~ w~d~~ wch poUcy o~ polida aid N10RTGAGEE sMll haw tM optia? w naiw Md ~pply tM wne on ~coow+t of th~ G+d~bt~d ~
n~u Nq~r~d hM~py a w pKmH ~+id MORTGJIGORS b npiw ~nd uw it a aehr parf tlar~of fa other pwpos~s. wi~hout ths.eb~ wai~in~ a rnp+ir-
~np «~r puiM. Wn w ripl» ued~r a by v4tw oi tl~ moetpp~~ and h dN ~wM aid MORTGJIGORS ~MN fa anp r~ason fail to keep th~ wid pnmiia w
~ inwr~ a fafl b dtliwr pra?+p11y any of ~aW polieiK ot ieqw~no~ b s~ld MORTCsAGEE. a f~il promptlr b p~r fulty ~~y premivm tMrefa w M ~rnr
rNpM Isli b pMfpnti d'+KM~q~, lxKUt~, ~HM, canpl~t~, camP~Y w1111 Mid ~bid~ by i1~ Cova?anl. Ot Ny/ PKt hKwf, a+id MORTGAGEE rMy placs ~~d
P+r for wcl+ Mwranc~ a a?y p~t tMrwf widwu~ wr~lvinp a ~fhdinp eWion. IMn, pulb, a ripht vnd~. a_ by virtw ot rhts Mo.~~ap~. anel the
fult ~mo~nf of ~ach a~d twry wd~ p~yn+~M ih+ll b~ inw~d'wt~ly dw ar~d pr~bi~ and sh~ll bw M~tKat from ~M daN tMrooF until patd at th~ raq ol
' nin~ p~r antuen p~r sn~wm ~nd top~tiw~ with weh intKNl sMll M wew~d br tM p~ o~ thN morlpp~.
1. To p~emU. oom~+h ar wfhr ew wWw ~p+knwa a dN~riontion of wid prop~rty or ~y pNt t1~~of. iI'
.
3. To p~y all snd si++pular d» ooah. eM~pa +^d ~xp~r~, ineludNip ~ ew~oe~N at1a~~ fN-and eot» of ~bstr~ets of titl~. inevn~d w p+id ~t
aey fMn~ by wid MORiGAGEE. b~t~p~ ar In tM ~wnt of 11+~ failw~ on fM P~ of 1M s~W MORTG/1GOR b dulp. P~a^'P~~11 ~~~Y PM~^ti diuha~pR _
f7tKV1y f~f~ ODf11~i~f1~i ~ 1M+1h ifld ~~K~1 Nld Wrfy 1~N iI~{I~tlOfl~ ~Nfll{~ D011~1~OfM~ illd OOVNNfl1s O~ M1d Pf0~1~IHOfY IIWf ~fl~ 1~1{{
mo.rpp~ ~ny a ei~her. and said oosN~. dwW~ ~nd ~xp~~a~, ~ach ~nd ~wry. shdl b~ inwmdiaNly dw ~nd payabbi wMther w ~w 11+er~ b~ no~iu dr _
mand, atNnpl fo oolbd ot wit p~ndinQs. ~nd tM fvll wrwwH of Nth a~d ~wrr wth payrtwnt ~MII bw~ intKt~~ from tM dat~ ~Mr~of uo~U p~id a~ th~ .
rate oi nier pK anfvm pa +rowmt +nd,.4~ ~ald aosr~, eh~ry~s a~ up~nwa inarn~d w pNd, topNl+u with weh inta~at, aMll b~ s~eund b~r tFw li~n of tha
mwt~pw _
a Thar tn +h..wiw d«w bnach d thi. Mo.1~ap~ o~ d.fwh an N+. p.re d rh. MOitrW?GOR, a(b) u+ ~h. .w~f u+y of s.id .um~ of nwn~y
hereie nhn~d to bs not pranpty and fuly piid within tle~ty (30) day~ next afrar tM s~rrw wvually bKane dw ~nd payabl~, withow dernand or ~otiu.
w(c) in tM twnt e+ch +nd ~vKY t!r atipulatara. sprwrmMS. conditiau and cowernb of said promb~ory not~ and th~s mat~ any o~ ~ithe? a~~ no1
iu~r. P~~b +^d ~h? pKfomwd. d'ad~rpsd: •s~wted. ~ff~ct~d, canpl~t~d. canvli~d witt~ and ~bid~d ti1?, tMn in ~nher w+Mr wcA wem tM s+id a~
4re~+t~ swn nNntioned h said p~omiwory eor• Mwn n~n~a~tnp unWkl, with intNat ~oawd ~nd •ll mon~y~ ~~d l+Krby, sh~tl bsoom~ dw .nd WY-
•b~e ionhwitlw, a theresfta. at tM option of said MORTGAGEE, a~ fuly ~nd oompl~tely as H all of th~ aid wms of mawy wsre orgin+lly sNputsted
to be p~id on wd~ day, a~ythinp in said promistory nole or in thi~ Morqap~ ro tM oontruy potwithst~ndinpt ~nd tlwwpon a thersaAa at tM op~ion of
•a~d MORTGIIGEE. without +atia or dem+nd, suit at law or in W~ih?. tMr~fon or tF~a~ahu bpun, may b~ prosaut~d u if ~II e~a+eys s~cvr~d hK~by
had tnah??~d p?ior lo ib institWion.
7. TMt in th~ want fMt at th~ bpinrdrg of ar at ar~ tin» p~ndk~p ~ny wit upo~ this Mortyap~., a b faeclow N. or ro nform H. or to enfora~
paymertt of ~ny daims (~sr~wide~. wd MOrtTGAGEE shalt apply a'Mr.-Courf hwinp jur~cran ~h.rw! fa• rM •proinmN+n of . R«eiva, wch Court ~11
forrhwirh appoint s npiw~ of ~aid moiq+y~d property all and sinpvlar indudinp ~II snd ~ieguh? tM inoa~». profits, b~wi ud rwa~+uss fran wh»swr
uurc~ dKivsd. ~ath wd way of wh~d~, b b~i~g ~xP?es~lY urd~nbod. it Mr~bp n~wq~ad » if aP!r+ficallr sM forth and de~tribsd in ~rantinp and
habendxn clavses Iwreof. ~nd wd~ R~+Iw~ sArll I~ve ~it tl+~ bod ad tffectiw fu~xt~an and powi~i in ~njrwiw ~ntruttsd by Cou~i to a Receiwr. +nd
such appoi~tment shall bs mad~ by wch Cowt ~s an +dmined eq~iry and s matter of abaolvlt ripht to wid MORTGAGEE, ~+d without reference to th~
adeqvacp a kwdeqv~cy of t1+~ wlw of th~ propKty owrtp+~d or fo th~ sohrMCy o? insolv«Ky of s~id 1MORiGAGOR w th~ defsndsnn, and tlut wch
rents, profits, incotm, issues and rw~nws th~ll b~ ~pli~d by s~rth R~t~ive~ aoootd'ag to tht li~n ot ~qvity of Nid AIIOATGAGEE ~nd the pwttio~ of suth
Court. ~ - -
8. To duh?. P~a^Ptly and fulb P~a~n, dhcharpt, cnwts. ~ffM. aonPkte, aomplr whh ~nd ~bid~ by~NCl~ and w~ry fhe st~pulation~. apneme+ns,
conditbns Nd oareMnri in said ptq~ory 1101~ this rtwrtyapf ~tt .fortll. . . _
9. 11ut in tM event th~ ownerslrp of tM e~orfp+p~d P~M~. a? +rW P~1 11Mreof. .beoomes vriMd M1 penon otiwt th~n the Mt7~2itiA~i(~R, th~
MORTGAGEE, its wccessors ud usiyns, ~nay, wlthout notiot ro tM N10RTGAOR, dNl_ with. such wasasa~ a successor in inrorest with refer~na b thi~
marrgp~ ~nd the debt haeby sstu?~d in 1M iam~ manMr as wi~ 1Nortp~por wlthoul in ahr war vhi~tUq or• d'ad+~rpinp tht IVbrtysgora' UaWlity Mrt
under a vpoe~ ths debr her.by secu~d. No s~b.ot. the wem~s!~ 1~~b1( !+±wtp+~d and no.fabwrana on th~. par~ of dw MORTGAGEE or ia sucoeswn
or suigra and no eateasion of rM t~ne for tlr pirm~nt of tM d~b~t bsreby secw~d piwo b~r tM MORTCsAGEE or its woassors or assiy~, shall opaat~
ro rekas~ d'esclwrp~. mo~fr ch~rg~ br afraEt tfN oriqinst b~biliry" of ti~i MORTGAGOR her~. ~itha iA whelt-vr in part.
10. It b specifiuly pre~d that tin+e is of th~ essenc~ of this cawsct and that no w~ivK d amr obl'g~Yan hereunder or of tlr oblipatioe N-
cured tweby shall a~ ~+y tin»•fharMft~r b~ Mtd to bs • w~ivu of N» t~ma Fwrwf a of M» inatnwnem waK~d Mrby.
I1. In addition b tht fa~go:ny monlhly paym~nts of prjr~c:p~l ~nd. interesl- requi?~d by tIK pramitsory +qy iecvted beteby, mortgsgor aovensnri
and agrees to p~y to avxtp~pei vwth each monthly p~yrrwnt ~n ~dditipwt swo estimN~d by morlpape~ b b~ eqwl b 1/12 of tSie aro+ual tost of the follow-
. . , i _
I!-All resl property taxa I~vi~d a~ssesscrl sysinst the abov~ desuibed real estat~. - _ . . .
B-Aremiums on firo aeid windttw~w ~iaurance s~ hNebf r~Wd• b b~ urrie~ on tM i+aplowrweerb sHwh Oh 1M abow deicribed premises.
C-Premiwns oa wch.mort9+i~ ~us?+Mt? ~nrsnce ~s morpaqae sFwU frow~ tin+~:to-tan~ deaw f11 to carry on` tl+~ loan secured hereby.
Mortysye~ shsll tran•tirn~ ro wr~•ew?i(Y mort9+yw in writ'np of the ~mount dw ~nd p~yable hweund~s ard wcf~ wm shall therevpon be due ~nd
payable on the due date of ths next monthlY paymmt and ~ad? wcoeuivi ma?th tfwe~her ,mort~ape~ sl+all tify mortgaQor of a chargs in wcF~
arnount. Such wms ahail be ~pplied by mort9+9ae towsrd tM p+yment of real pro tax~s, ~wns, uuanty insurance
premivrtn.
~ IN NESS WHEREOF, tbe s~id GAGOR h~s herevmo set Hs hand seal the dsy f ' `
N~e oh ! 1
E - ~ ~
~ n
Yiato~ 3aner ivn ~ ~
STATE OF fLOR10A '
COUNTY OF Str• LIIC~ } SS• _ " . -
~ •`r' L\1:::~:ii.t-~... •
e.fo.. m. . x.d 1'!?oaaa Ja Sane rbr~m - e;•,a~~`Y = ~';ki
P~~~~+ Y PP~ A fY
v~`i ~ fW ~ `~.c'a~.. ~ Jd.-~~.... F.. ~r~
rhe individ~sb d~wibed in and who ucuvtsd ths fapoirg in~truemnf, ard ~ypn~ ~db~f~ that th~y t~ ~ _
therein Md th~ ~~7L~OITrOI'3.~ ~sIIerDl'11~1 ~ i;}~'~~` ;~.'.~°G~-,
~xPnssd- . _ . ~ ~
wife Of ih! s~id ~8 ~ ~ ` ~1 ' , •
examinsfi0el by r~N iskln slparatt aild ~pN1 frOtn her Mif~ ~1vlbitld, KknOw~psd b a~ bf~W~ 11M t~Mf ~1N ~~C1W~ fi
IOril ~Id W1T~10Vf , ,%:x >.~:A ~-':y ~ y ~~i
Y a~ryr eompu{+ion. oonstraint, ~pprt~~'°^~ Or fN? of O? fran h~I Nid h~fb+eMl. ~s- •
WITNESS my Mnd uid official ssal thK OrOt /L~.~ ~y - +
:.'~r~ ~ j: SQ~~~~~`~ = w.
Naary Public in .rd for tM S~iM of al~ .
. My Go~nemaion ~xpk~ f <
Ta STATE oF M.t~n ss.e~ ot ~~t t,~. {
F~?.~ ~.,i s.~~, a~ FLO R i
D A
DOCUMENTAR. STQMP TAX E:,:ra Dec. 13, 198p.
Of Fort P~erce. V ~N i
Y~~b C~~hr.a.~~/
. Port Pie+ce, fbrida pEPf.Of REI~ENUE.~:~`' s:
- _ _ JUA23'l7 ~~~~~s L. 4. O 0 }
- PB. ~
iI1Q2 j
This Instrument Prepared By DOD81d B. HUghee - - `
Fi~st Federal Savings 3 Loan Association q~ ~
of Fort Pierce ~
A Pierae Florida 33450 0 R j""~ p~~ ~1Mj
~ ' ~f], CLE4lK CIaG11~ ~0
_ R~ ~.rV~ . ~ . l.r~+~11YERtfli~........-"
~h~k~ e,,~ . ,luN t3 10 so AM'.1T
~ . ~ _ , ; ~