HomeMy WebLinkAbout0532 To p1~a a+d oon~4wou~ly kNp on th~ buitdlnps now o~ l+.r.afw Wwa» or aid ~.nd and on •11 equ?pm.n~ .nd paw++.11~ cov«.~d by ~h~• nw.q~
p~, w(th all pnnniwro tM?w~ pa~d in full, ~tir~ inw~ua~ in ~M wwl uM+dsrd pol~cy fa.m. h• sum ~pprw~d by th~ MORrGAGEE. and wu~d.wrm
ieww~np M d» ~wai-at~ndud polky foren, in ~~wn appowd by tM MORiGAGEE, ie weA eompany or tanP+e~y u tht MOkTGAGEE m~y
dinc4 ~nd NI tk~ ~nd windslorn+ Maw~nu policiN on +n1? Of N~ ~Wi~Qb My 1fMfI~f1 tI1MfLf p pMf fI1NWI, in dw pqrp~t~ w~n afa~wid w
In ~aM t1+Nw1. sAall ca+taw~ ~h~ wwl ~ar~dad mo~qp» daw~ a wcA ah~r claus~ a M~ MatppN may rpua~, nw?inp N» 1ou w+dN ud poli~
dw Nch ~nd wa1l. WYabM b s~W N~ORTGAGfE a in inMrt~1 enaY +Pp~~t'. and Neh ~nd ~wryr weh po~icy ~MII b~ promWty us.yned and d~liv~nd ro
~ny MW by Nid MORiGA<3EE a fwtMr Ncwtty to s~id morpap~ d~W. +nd, na ia. N+.n ~.n lio) d.y~ .dv.~+c. d~h. of «ch porcy, ~o da
liwr b safd MORTG/1GEE • rtn~w~l tMr~oi, topNhN witA ~ nt~ipl fot tM p~iwn Of wch ~~newal~ and ~Mr~ ~Iwll b~ no f'a~ w wi~lwm inwr~nc~
~ ~:.L ~ LV r .u. .,..1 ...M! ~n uun
~iiC~ Rf sff~ ~ ~iW WUHiT~i~ f~7~ Piqlq~ iiRiiR~ R~ iisR~~ Vi~RS~ R~ R~t~ si~ i~n • ~j~s~ ~ 3•==~5~ ~ Y
of monq b~eonwi p~yabl~ und~t sueh polky a potiei~s uId IMORTGAGEE shaU h~w ths op~ion w r~oeiw ~ed ~pply tM anw on atcowN of th~ ir~Oted ,;1'~'-
nsw wcw~d M.~bp or ro p~.mit sad MOitTGAGORS eo nuiw snd w~ M or uqr pa?~ tINrW1 fw o~hcr purpous, w~~hou~ ~her.b~ wai~i~~y a u~~pa~r• t,'..
In~ +np p~db. liu~ a ripht w~d~r a bp vfrnr~ of Mh ~~pa~s and M? tM ~wM wid MORTGAGORS ~l+all for any rNSOn faU to kNp ~Fr saw! prue~i~ss w
im~r~d, q f~il b d~livtr prornplly a~y of s+id politiss of inwrano~ b said MORiGAGEE. w iail p~omptly fo pay ivlly sny premiwn theretor a in any
reap~ct fa(1 b pafonn, di~charQ~, ~x~cvt~, ~ff~ct, canpbt~, oompt~r witl~ and ~bid~ by thi~ cownar?f, a~ny part h~.~of, said MORTGAGEE may p~~ce •nd ,
WY for wd~ kawanc~ w«+y put Mawf wirhout walvinp a ~ff~ctlnp an~? oWion. ~~R ~W?~b. w~i~At vnda a by vi.tw oi ~hi~ Ma~9sy~. ~nd ~hs .
full anquol of ~ach ~nd ~wry wth paynwnt siNll b~ imnwdi~t~ dw a~d py~bb aod ~MII b~ar intetpl iran tM d~t~ thcreo( un?il paid a~ tM aN ol _
nin~ pK untwn p~r ~ixwm a~d topetM~ with wth in»r~st tAall b~ New~d by Nw li~n of Nst ~wrlpap~.
4, To pKmiy oonroit w wffM no wasM, Yep~km~nt or d~tKior~tion of said prop~ty or ~ny psrt the~wf.
S. To pay ~II and slrqu4r tM cwM, clMry~s and ~xpNww inc{vdinp ~ nason~bl~ ~ttormy't tN and cosb of abstr~Ns of titt~. incur.~d a p+id at
+ny tin~ by uid MORTGAGFE. Meww a in tM w~e?t d~h~ l~ihrn on th~ put d tM ~aid AAORTGA(30R b duly, promprN u~d fu11y perform, d~sehar~ -
exacvt~, ~ff~d. comPk~~. ~~Pb wi~h and ~bid~ by ~ach w~d wKy the stip~bt~orq, aprNn+N+t~,. aond'nio~a. ~ed aown+~a o( said promiaswy oot~ and thi~
^wnpW~ +^Y or ~i~Mr. and s+~d cosn,; cfw~s and ~xp~nas, tach w+d ~wry. .h.u b. ~.dw~.y dw ~d P+y,e~.: whe~M~ w ~01 tM~t b~ no~ke d~
m~nd, ~tbmpt w oollect or wit p~Gnp~ ~nd rM full ~m of ~+d~ and ~v~ry wch payn~ee~t sAall bea. int~~~st fran tM date thereof vnrii paid ~t the
rate of ewn~ pK Antum per sm~wq; and ~U wid costs, clwpes and expN+ses i~awnd or p~id, topethN w~th wch inur~at, sMtl M aecu~~d by th~ lien of tha
^wHppw
6. T)wl fn the ~wM of ~ny bwch oF tlin Matpap~ o~ d~iw11 on th~ put of th~ NWRTGAGOR, o~ (b) in th~ went u~y of s~~d wnu of mwKy
herein r~f~rr~d 1o b~ +al promptN ~nd fuiFy paid within thirty (~0) days r»xt a(te~ tFw sarne aevtrally betomt dw and p~yable, wi~houi dsmand a no~~ce,
or (c) in tM ~wnt tach and ~wry th~ stipulatiom. +yr~neMS. aorditiau and cowninq of Ntd pranissory no1~ ~nd th:s mortp~ any a ~i~her a~e ea1
iuly, prompNy ~nd fully p~rfor~ned. ~stharp~d, ~xetvt~d, ~f}~sted, tanplN~d, tompli~d with ~nd abided 'ry. tMn in ~ithtr w any svch went tFw sa~d aQ
prc~aN swn mentiomd in uiti pranaso~y nW~ tMn ranainlnp vnpsid, wfth int~r~st atcrwd. and all ma~ty~ s~tur~d her~by, sMll becom~ dw and p~Y~
able forthwitl~, or tFwreaher. at tM option of s+id MORTGAGEE. a firlly ard compl~kly as N ~II of ths ~aid w~ra of moner wers oripin~lly s~~put+ted
ro b~ piid on wch d~y. anythtnp in sa+d promiuory noN w in this 1Nortyap~ to ~M aontrary notwitMundinqr ~~d the~eupon a thereaite~ ~t th~ op~an oi
said MORTGAGEE, without noric~ w d~m~nd, wit N I~w w in pvity, ther~Fon o~ tMrtahe~ bpun, m~y be prosecuted u if ali, nwewys setured heteby
had rrNtur~d prar ta ~n institvtio~.
7. ih~t k+ tM went ~Mt at tM beqinninp of p at ~+y tim~ p«d'i~g +ny suwt upon tha Mwtyay~, « ro faedoa. N, or to reform N, a to enfwa
psymero of any claims Iw~ev~d~r. s+id 1NORTCsAGEE ~MII ~pply to t!w Court Mviny jurisdiction the~eof fw th~ appo~mma+t of a R~ceiwr. wd~ Coun sh+I~
fwthwith appoint a reteivK of safd matyaQ~d propaty all ad svqular, k~dudug al! ~nd sirgvlar tht inwin~. profits, issws N+d rwN+ves trom what~ver
w~,rce duiv~d, ~ach and every of wh~ch, it beinp ~xpr~ssly vnd~.uood, is hsreby mwtqa9ad a if ~fiutty tst fath ~nd dascribed in tM y~~mirg ~nd
hebendum claus~s Mreof. ~nd s~ch Rso~iwr ~MU Mw ~11 1hs bo~d and ~ff~ctiv~ f~nctwns ~nd powers in ~nywis~ antrvstsd by a tourt ro a Receiva, and
~uch ~ppointment shall be md~ by wch Caxt as an admimd eqviry aod a matta of absolu~e ripht ro wid MORTGAGEE. ~nd without re(erence w th~
adequxy or in~deqwcy of tl+~ wlu~ of tM propKtp mwty~ped w to th~ w~vency w~rKOtvency of s~id MORiGAGOR a the defe~dann, and ~hat such
rem~, profib, intpn~, iuues and rtv~nues sh~ll b~ applied by suth Reteive~ aaordinp to ~M lien a puity of s~id MORTGAGEE and tF?e prattitt of suth
Court. -
8. To dufy. womPtly and iully pNiwm, d'~sch+rq~. execu~~. ~ffect, complNe, oomP~Y v+~th and ab'd~ by each and ewry the stipulafans. +9reemeats,
conditior?s and covenann ~n sa~d promistiory not~ ard Ihis mort~ap~ ~et fwth.
9. ihat in the event tM orveerahTp oi th~ morfy~p~d pernbes. or ~ny paA tF~et~of. betom~s vested in ~ perfon other than the MORTGAGOR, fh~
MORTGAGEE, i» successors aod ~stip+s, in~y, wi~hout rw?io~ to tM MORiGAOR, deal with such s~scessor p wcce~sw in imeresf wieh referencs to ~his
mo.tgaq~ and tM debl hereby sec~r~d in the sam~ mamtr a with Mortgappr nritiavt in any way vitiatinp or d~scl~+r9in~ the Ntortyayws' li~bility hera
under o~ upon the debt her~by iecured. No ~at~ ot tl+~ p~~mfses Aereby morty~yed a+d no fab~aranc~ on th~ put of ~Fr MORTGAGEE or it~ wuesson
o• auigna and no extension of the tirin~ fo? the p~ymeM of tM debt hereb~r ~ewred 9iwn by tlw MORTGAGEE w iq successws a au~gns, shall operaq
to .eteas~, d~ach+rye. modify chany~ a ~ff~N tlw oripinal liability of the 1MORTGAGOR h~rtin, sitMr in whole w in pu~. ~
10. ft b spedfically egreed tMt timt b of tM estsnt~ of thia oororact and Mn ew w+ivar oi ~ny obliyation hereu~xler or of tM oblipation se-
cured h~rtby ~lull at any time rheresfi~r b~ held ro bt ~ waiver d th~ t~rma heraof or of the testrunKm waxed herby.
11. In sddrt;on to the fwego:ng monthly payments of princ:pal and interost requirad by the promissory rate secured hereby, mortgsgor covensnts
and sgrees to pay to mongsgee with each mo~ihly psymer?t an add~canal wm esrFinated by mortya~ee to be e~wl to 1/12 of thc annvsl cost of tFm foliow-
ing: -
~
A-All reat property ta:es ievied w assessed ~ysinst the abov~ desaibed real estst~.
B-Premiums on fire a~d windstorm ir?wrance as herein req~'red to be urried on the improvemenb sitvate on tMe ~bove described premises.
I~ C-P~emiums on such mortgage 9uaranty insw~nce as morty~gse sMll frem t~me ro time deem fit to urry on the losn secured hercby.
; Mortgsgee sh~ll from time to t~me ratify morq~pw i~ writiig of th~ an+ou~t due snd pay~bb he~eunder ud svch wm sMtl therevpon be due a~d
~ Fayable on the due date of the next monthly paymeM and each waessive month therc~fier uftil mwtgsgee sh+ll not~fy mortpago~ of a cMnge in such
amount. Such wms shatl be applied by mortyaQet towsrd tFK payment of re~l propeAy ta:es, insurance prem:ums, and mwsyape yuaranty insurance
! premiwftf.
IN WITNE55 WNEREOF, the s+id MORTGAGOR has herevnto s~t his Fwrd and seal the day and year fi ~fwesaid.
SiQned, S~alad and dsuver~d ln tM pesMC~ of:
o n . ~
i` n
. ~
~ ~
.
STATE Of fLORIDA ~
St . Lucie
courm oF -
s.ro.. n,. pe,.«uuy ,pp.,..d John W. Glenton ,,,d
June W. Glenton w;~~, ro me welt known «,a ~w,~, ro ~ ro b.
~he indiridwb desuibsd in u+d wFa ~x~wt~d tlw for~poirg irokunwN. ~nd ~dcnowkdp~d bsfon me that tFKy executed the ssme fw the PwPwes
rherein t~cprtssad. Md tht sa~ ~iiAO ~1T. Cr~oAt••••
w~fe of tM said John W. Glenton ~p~ ~~~ate ~nd prnate
exam~nation bp me hken sep~raN and apart from her said Iwnb~rd, atkiawbdped b~nd beiwt m~ that ahe executed aid instrumeM freely and voluo-
ra~~ly and w~thovt any oompulsion, aonstra'~nt. +PPr~~or fyr of a fran h~r said h~aband.JllA@
WITNESS my h+nd and official seal thi~ ~G~ d~y of A. D. 19 77
. ~
~ry Public in and fw the Stat~ of Flwid~ af
Iity~~ _ t
y CoerrniaNon ~xpires: ~ . ~ . - , !
Rerurn Ta. ; !
fint federal Savirgs d~ Loan Associatan ' . i
Of fwt P~erce. ~ ~ `
fort Pierce. Florida ~ ~iOM~~ ~ ~ ~ ~ • Y
- ~t !4 ~ F~w!MrCIf~ _ " `
,
QRtCpIlpLO
~~~LUC E GOUNTr flA. • '
This Instrument Prepared By RiChard K. Kaye s 1~OCER ?OItIIAS .r.'
CLERK CiRCWT COUR?
First Federal Savings b Loan Association Yr :~FIEO ~ `
of Fort Pierce ~ ~
Fort Pierce, Florida 33450 J:,lN t~ 219 PM ~~7
Checked By ~ •
3'7n3S2
~ ~~z~ ~ ~ - ~Q
~ I !