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HomeMy WebLinkAbout0530 To plaa ar+d cauimrovfly kNp on tl+~ ~ildinps now a hK~aftM situ~N Or Nid (~rd a~d on ~I) pviprMel ae~d p~rton~lly cow~~d bp thi~ ~na1¢ p~. wi~h d) pan~wns fhe~~on p~~d in f~ll, fin Guw~nc~ In ~F~e wwl u~ndwd policy faen, in ~ wn? ~Dpowd by tl~ MOR~GAGEE. and w~ndawnn in~w~nn in tlr wwl u~ndud pol~cy fam. fn a swn ~PPrw~d by tM MORTGAGEE. in wch canpar?r w oorwp+n~e~ a tM 1NORTGAGEE may dinct~ M+d ~11 ffr~ and wind~arm Insw~na poliua on ~ny o1 s+id buiidinp~. ~ny MNNat tlwrein or p~rt thenot, in tM p~e9~~~ wm dor~~a~d o~ In ~xc~a 1hK~of. ~MII ta?~~fn tM wwl s~andard mortpapM clwu a wch a!?~ dws~ w tM MaqpN m~y rpuir~. n++Ainp ~h~ loaf und~r sad poti~ ct~s. ~ad+ and ~w.Y. WY~b1~ w wW MORTGAGEE a~n w+?..eu ~w .op.+?. and ~ach and ~wry wd~ policp ~h+ll M p.ompily aa.yn~d u+d d~liwred ro .ny h.W by wid MORIGAGEE a funhK acwi~y ~o s.id maq+~ d.b~. and. no~ lew tMn nn 110) d~11~ M~ +dvaw oi tM ~xpu~tion of s~ch po~ity. ~o d~ I~ve. fo wid MORTGAGEE • r~w~! tMrwf. fopphK wi~h a ~euip~ for tM p~miwn of wd~ nn~walf and ~Mr~ sl+all b~ ~o fu~~_ Jw winds~am inaw~nc~ r~+ . . _ ' _ _ _ _ .~"_e_ ~ _ .L : ~L~ L.. Y ~{M~{~~ Mo in fIr ~vMl ~B LWII _ piifA i'iii iiijs ii:a inii:v::.yi. Gii~ :::ic:ii~ :i~cat csa ~:t s: ~ c£"'is~+ b'~t:cii ~tt ?~if ~l-.'?!! ~ AC,l~3 - t ~~(±ue ' _ _ I~ ~ of mon~r b~caaes p~Yabl~ w~der wch polky a policia s+W MORTGACaEE shall haw tfi~ optbn ro naiw ~nd ~pply tM s~m~ on +tcount of tM ind~b~ed- L:~ rw~s Ncw~d h~nby w a pKmit wW Mt)ItTGAGORS a nuiw and u~ lt a•ny part ~Mreof ta o~her purposes. wi~hou~ ~hsr.b~ waivi,.9 or unpai.- inp any puity, li~n or riphl wwlN or by viAw of Mis mwtpapel Md 1n tM ~ru+t f~id MORT(3AGOR5 ~11 fw ~ny naw~ (ail b kNp iM ~aid p~nhts ~o i~~u~td, o~ Id) b delivN p~omptl~ any o~ faid policiM ot i~aw+nc. ro sad MORtGJ?GEE. a f~il prompNy ro pay I~IIy ~ny pr~m~um tMreiw or in any . re~pect (~il b pMfam, du~+rg~, ~x~cut~ ~fhct. compbt~. comply with M+d ~Wd~ by ~hi~ oov~nae~, a~ny p+~t hcreof, said MORTGAGEE rrwy ptau ~nd pay fw such k~swanc~ a~e+y pan ~Mreof withovf w+ivinp w df~ttMp ~ny option, li~n, pvity, or riphl under a by virtw of ~hi~ Ma~pa~e, ~od ~M f„ii a„o~,M of «ci~ .nd .w.y such p.ym.m •h.ll b. rry+~ed~ar.l~r dw and pay.W. .nd sha?I b.sr im...u i~an ~h. da~. ~hcr.of uniil paid at ~iw rat~ of ; nine pK pntvm pM arnwm and toyNhn with suth Inta~st sMit b~ wcur~d by tM (i~n of thls mortqap~. 1. To purnit, aomni~ or wffa no wat~, Mnp+bm~nt a dNKioratan of aid propwty a a~y pKt fhK~of• S, io pay dl a~d ~inputar th~ cwt~ clwp~~ a+d ~xpKne~, cncludnp ~ r~asawbl~ ~ttorm~/s fN and cwn o! ~Mfracts of tiHe. I~curred o~ patd ~t •ny ~im~ b~r ~aid MORTGAGEE. b~c~us~ a in tlr ~wnt o/ tM ta~lw• on u+. pan of rM sa~d MORiGAGOR a d„1y. p?omWly snd fuliy pKform, d~~ch+rq~. execvt~. ~ff~. ~omPN~~. ~P~Y W~M ~f1~ bY ~Kh M~ ~W/y fIN atl~iVl~tiOf1l, ~~NnNr1t{. CM~itbilb Md OOVlMf~b OI Nid prOmisfMy n0~! ~nfJ T1?i~ mwfQap~ any w ei~F~. u+d said cosn. clwp~s a~d exper?sN. e~ch ~nd ~wry. ~MII b~ inun~di~t~ty dw and p~yablr. wM~he~ o~ nw ~here b~ norice de~ msnd. attempt to ooll~ct or wit p~ndiny; and tM (vll amo~rnt of ~ath ~nd rwry suth paYmeM sh+ll b~ar intersit from ~M dat~ tl+~reof un~ii paid at th~ rare of niM ptr c~~tum per ~~u~um: and all said costs, cMryet and sxp~+nes ietwr~d a p+id. topelMr wilh wch inttrest, sMll b~ setur~d by ths lie~ of this ~ morpp~. ~ 6. That in ~h~ ~va+~ of any brsach of thb Matp+p~ w d~fwlt oo Nr part of tM MORTGAGOR. w(b1 io n wenf any of s~~d wms of n~oney herein hfKr~d fo bs ra1 prompfty a~d iully p~id wirhin Ihirty (30) days next aher ~h~ sar~ s~rmally beton?e dw and pay~bt~. without demand a nofice. or (c) io tha war?t exh and ~very tf» stipubtio~s, ~greem~nq, conditions ~e~d coven+nn o( said promiuwy note ar+d tA~s mortpa~ any w ei~her ~n na iu1y, prornptly and full~r p~rformed. d~xMr9ed. ~x~ar~~d, dfsNed, completed, compli~d with aed abid~d by, tMn in eith~+ or u~y such wem th~ s+w! a~ preyar~ wm menriorwd in said p.omissary not~ than remaininy ur~ptid, with ims~~af aurwd, «+d ~11 rnor+eys wcwed Mr~bY. aMll beca.nt dw ar+t! pay- able fathwitA, or thneafrer, ~t tM option of said MORTGAGEE, u fvlly ~nd compl~f~ly ~s H all of tl+e ~aid wms of ma+ey were aginally stipula~ed ~o be pa:d on such dsy. any~hing a~ said promiaory note or In thb Mortya~e to tM conu~ry notwithttsndiny; and ~her~.?pon a fhereaf~e. a~ ~he op~an of said MORTGAGEE, withou~ notice a demsnd, wit ~r law w in puity, 1F1Nl~O~~ Ot tI~lfN~1N bpw~, m+y b~•proseswed ai if ~11 ma~eys saw~~d her~by had malu/ed pWr ~o its institutioll. 7. TMt in ~he ~vcnt that at tl+~ beyinninp of_ or ~I any tNn~ p~ndinp ~ny wit upon this Matyape, oi to fo.eclo~ ~it. o~ to reform it. a to enfwa payment of ~ny clau++s hereuoder. s+id MORTGAGEE ~hall apply ro tl+a tow~ I+avinp jw~sdk~an ~hereof'tw ~1+e .ppo~nrmNU of ~ Rece~ver, such Court sMtl for~hwith appoint a~eceiver oE iaid mort9aQed property ~II and sirgutu, irKlud~.p sll ~nd sirqulx th~ iikonK, p~of~ts, iuwf ~nd rswews fran WlfiffvN wurce de?ived. ~ach ~nd every of which, it beinp expreuly undaitood. a htreby nartyaped N if spec;fically set forth and dauibd.in the yraroinq a~+d habendxn dauses•hereof, and iuch ReceivN aMll have dl the boad u~d ef(~ttiw ftinct:a+s and powen in anywise entrusqd by a Coixt 1o a Reoeiva, and s~ch appointment shatl be msde by wch Caxt u an +dmi~ted eQuiry aed a m+ner of absolut~ ripht ro~aid MORTGAGEE, u~d withovt refcrence ~o the adequxy or in~dtquacy of the wtw of tl+e properry mwtpa~ed or to the sohrency w insolvency o~ saW MORTGJIGOR oa the defendann, ~nd that such rentf, profib, income, issues and revenues shatl b~ ~ppliad by such Rsceiver accord~np to th~ li~n ar pvity oI said MORTGAGEE ~nd ~h~ practic~ of wch COUrt. 8. To duly, promptly ~nd fully periorm, dixhary~, execute, effect, eompkte, comply with and ~bide by sach u+d every the stipulationi, ~proements, co~d~rioro and core~anti ~n sa~d promiuory nor~ and ~his morry+p~ set foreh. 9. Thst in rhs evenr the owne+ship of the mo.t9ayed p.en+~ses, or any pan rhe.eof, becomes wsred in • person othe. thsn rhe MORTGAGOR, fh. MORiGAGEE, i» succesiors and ~ui9ro, may, wi~hout no~Ke ro ~he MORTGAOR, deal wiih ~uch wcceua a successa in interest w~~h reference to this mor~ and the debt hereby secured in the same rtNnner ~s with Mwt witlw~f 1n an ws viti~t a dixhar i Ihe Mwt ri liabilit herr - ~ 9pe y+Qw Y Y i^9 9^9 9~ Y ~nder w ~pon the debt hereby secured_ No ule of ~he premises hereby mo.tgaped ~nd no fwbeu~ec~ on the p~n ot the MORiCaAGEE w its successors or assiyrn and no exte~sion of the time fw the payment of the dsbt hereby secured 9iven by tFr MORiGAGEE o? i» ~ucussors w auiyro, .hall operatt ro re~e~ae, d~sch~sqe, modify clw~pe w effect the uqinal liabiiity of tM MORTGAGOit hatin, atha in who4 w in part. 10. It h spec~fiuqy apreed that time p of th~ essenc~ of this contrad ~nd that no waiva of any obtiy~t~on he~eunde~ w of th~ obligstion se- cured her~by sh+ll a~ ~n~r time the.~aNK bt MW to be a w~ivu of the t~rms hereof a of tht irufrwnant ~ea~t~d hsrby. . I1. In add~Yan ro the for~go:rg monthly paymmt~ of pri~c"p~l ~nd i„terest required by the prom~uwy nore secured hereby, morfgsgw covenants and agrees to pay to mort9aqee with esch moMhly paymenr an add~rionsl wen estimated by maq~gsa to b~ aq~wl b 1/12 ~of ~he annwl cost of the follow- . A-A11 rea~ properly taxes Iwied a assessed egsinat the aiwve desaibed resl estste. B--Premiu~ on (ire ad windstam inw~ar.ce ss herein requ'w~d to be carried on the improvements sitwte on the ~bwe descritxd premises. i C-:Piemiuna on such mort9aqe gw?anty insunnce as inortg+gee shall hom t~me to time deent -fit to carry on ths ban secvred hereby. . ~ Mort9sgee shall ham tirn~ to time notify morlgagor in writi~g of ~he amoum due and pay~ble haeur~ and such sum sfiall thereupon be d~re and ~ ( payable on tF~e due date of ~he next monthly paymem u~d each wcteasivt month thereafter wtil mortyag~e shall nw;fy mortgagor of a chanye in such ~ amounL Such sums shall be applied by mortgayee lowsrd the psy~neaf of real propc?ty taxes.' inwrarxe pr~m:ums. and mortgsge gwranty inwrance ~ f premivm~. i I WtTNE55 WNEREOF, the t+~d NIORTGAGOR has hereunto set his h~nd and seal the day and year ~rst aforesaid. ud deli ' preseoot of: /I/~j~~ ~ % ~ ~ Wanda g. I,ee, a single a~ult ~n (Seaq ~ tc.~q ~ ' ` . 57ATE OF FlORIOA ~ . i couNnr oF ' ss' : ',1 y',,, ; .S~ 1,11C ~ ~ - . • ~ Wanda E. Lee, a single _~~g ~.;T F-, ~ . , . \ •Y~ sefa.. a+. pe..on+~~y ,pp.uea . to me vv~'11 4iowA' ~nd 13wwe to ~6'36 b~ fhe individwl describsd in and who ~aecwed rhe fonyoinp irutru~rwnt, and acknowledped b~fon m~ tMt ShA tx~oql~ ~ aanN fw th~ ~{'rplDws r ~ ~ ~ t 8 w t~1trC1(1 lXPt~t~. ,-r ` ~ ` ' 9IQ!]C~C fA~ It~~~ltr~ecic:t:~~``~, ~ WITNESS my h~nd ~nd official seal day of '•14~~ ~ Notary Publit in ~nd for the State of Florid~ at lar~e ; My Comrnis~ioa ~xpires: _ r. • . r~ ^"'a- s! Retum To: - ~ F~nt Feder~l Ssvinpt a loan Association . fi:! ' :<e s> r ~ c. ..a. Of fat P~erce. ~ ' fort Pierce. Florida - _ _ LEO AMD R C NOEO tuc~E co~~r f~,,, I ROCER ~0~ q~s This Instrument Prepared By D0~181d S. HUgh9s r! `~r CIRCU1t COURT o~ ~ First Federal Savings b loan Association Y~RIi~r~~~ of Fort Pierce u Fort Pierce, Florida 33450 2 1$ P17 Checked By ~ - ~ ~ aoo~z~ Pa~ 5~ 3'7t?351 ~ . ~ 4 . g ' =