HomeMy WebLinkAbout0509 To pl~a and cont~wwly k~p on th~ bui:dirp~ now w 1w~+NN ~itwq or ~akl und and on ali puipm~nt ~nd pKwrully wv~t~d by Ihi~ morlQ~
~p~. wNh ~II pneniwms ~hK~on paid iet Ivll, fK~ inw~ana in tM ~twl s~andad policy fwm, in ~ s~rm ~ppov~d by ~M MORIGAGEE. ~nd wii+tk~am
inwnnp M tiw uswl atandard pol~cy fa~n..1n a sum ~ppov~d by tl+~ MORTGAGEE, in wch company o~ canp~n~~s q th~ MORTGAGEE may
dinctl ~nd ~11 ik~ and wind~~onn iiawana policiM on ~ny oi w~d bci~ld~r?p~, ~~y 3nMr~st tMrein w part tMr~of, in th~ ~qyrey~~~ wm ~fa~said or
In ~xa~ tM~w{. ~tl conNin t!» uwal ~fardard ma~yayN clavs~ w wd~ aM. cl•us~ ~s tM Ma~ya~ m~y ~pvu~. m~kinp IM loa u~ s~d po14 .
clss. ~ach and ~vKy. WY+bI~ w s~id MORTGAGEE a it~ N?~HS~t may app~ai. and t~ch ~nd ~very ~uch po~Ky ~h+ll b~ promptly i1f.9/Nd N1d dfliVfflfJ ~o .
•ny ~Id by s.W MORTGAGEE w fur~h.r ~ecwity ro uW mor~p+p. d.b~, ard. no1 t~u 1Mn I~n (10) days tn ~dvanc~ ot tM ~xpiration of ~ach policy, to dr
I~wr ro wid MORTGAGEE a ~e~xwal thwwl, lopa?ht~ with • nuipl tw Ih~ p~~mium of wch r~new~lj Md tl+K~ shall b~ no f'a~ a wind~tam i~sur~nc~
p1.c~d vn ~nr of ~a1d b~ildnp~, My iflfNNl tANfill W pi1~ 1M~lOI. ue+leu in tFN fwm and with iM toss pa~abt~ is afaesaid: +nd in ~he •vent e~y sum
of moMy b~cornq par+bl~ unclN wch polky a pol~cas saW MORTGAGEE ihall Mw ~h~ optiw~ to ?eteiw and apply tM same on +ccount of ~M ind~b~ed~ f
r»ss wcwed h~nby a w pKmit sakl MORTGAGORS w npiw and uH it a any pa~t therrof fw onc~r purposet, w~thout ~he.eo~ waiving w~mpair- .
tny x?y puity, liw~ at ripht w~da or by vi~tw o1 thb morlp~i ~nd M? tM ~wnt said MORTGAGORS tAall (w a~y r~awn fail to kNp tlw a~id p~mis~s w, , ~
in~urtd, a fail b d~liv~r promplly ~~y of wid politiN of Infw~nu ro uid NlORTGAGEE. a fait promptly to pay fully any premium ~Mr~for a in any
r~ap~cf f~il to p~rfonn, dixhs~p~. ~z~cut~, ~ffM. compl~h, comply wI?h and a~id~ by ~h~i cove~ant, a any part hereof, uid MORTGAGEE may pl~c~ and` ,
p~Y fw wd~ 1nw?anq o~ ~ny part tMrwf witiiouf wdvinp a aff~dtnp u~y optwn, li~n. p~Hy. w riyM unda w by vinw of ~hit Matpape. ~nd the'
full arno~nt of tach aid ~wry svch paym~nt shaR b~ irnnNdjat~ly dw ~nd payabl~ and shall b~ar interei~ from tF» date thereof ~ntil paid a~ tM rat~ of
nine pN centum pN annum ud togetl+K with suth i~hrest il?~II be sccured by tM IiM of this motty+y~.
I. To pKmN, aomntt a wifa no waat~, imV+km~nt a d~t~ria~tion of ssid propaty w any put therwf. . •
f
S. To par aU ~nd sY~pular 1M costs, tharpN and ~xp~ut~, includinp ~ reasa~~bb +ttaney's fN and costa of abstracts oi titt~, incvrred w paid at
•ny tim~ bp said JNORTCsAGEE, b~cavs~ w i~ tM ~wnt d t!a i~ilun on ti» put of tM said MORTGAGpR ro duly, promp?ly u+d futly ps?iorm, d~xM~
execut~ ~ff~d. compl~t~ ooe~lr with and ~bid~ by each ~nd ~wry tM stipul~~iora, aproan+~nn, ca+ditiau, ~nd coven+nn of said promiuory not~ and ~hN ~
matpay~ ~ny a~i~he~. ~nd ~aid co~ts, chupes ~nd ~xp~nses. ~sch ~nd ~wry. ~MII b~ immedia~ely dw and p~yabl~: whe~Mr a not ~her~ be na~u ds (
mand, atMmpt to ooIIM a wit p~ndinpj snd ~M futl anount of each ~nd w~ry wch p+yrtant shall bes. interes~ f~om ~M date thereof wntil p~id at ~he
rate of nL» per t~ntum pN ~uwm; and all saW oosts, cha~Qes and e:pense~ incurr~d o~ paid, topNha w~th such inttrost, aMll b~ satured by tM lien ot this
^a?ro+D~ '
6. TMt (a) tn tM ~wnt of a~y br~ach of this Mwt~ap~ or d~fwh on tlr part of th~ MORTGAGOR, a(b) in ths ewnt a~ry of ~a~d wms of nw~y
heiein r~ft?red to bt ~of promptly ~nd fvlly piid within th'uty (30) days naxt after th~ sam~ teverally become dw and payabl~, withoul dem+nd w notice,
or (c) In tM tveAt each and ~wry tl~ stiput~tions, a~~em~nb. conditions a~d cover?ann of is~d p?omiuuy noq and th:s matyape ~ny a eHhe+ ~re nol
iuly, promptlp a~d fully pwfam~d, diacMrqed„ ~x~a?t~d, ~ff~cted, campkted. complied wi~h and ~bided ~iy. ~hen in either or u~r such ~wM tM said ag
pre9aM swn mentiawd in sald pomisfory eab fiwn nm+ininp ~npaid, wiM ienKttt xcrued. ~nd all rt~o~+tys secwed hc~ebY, th~ll bscan~ dw arw! MY-
able forthwith, w ther~aha, a~ th~ option of ~aid 1NORTGAGEE, a fully and canpl~uly as if •11 of the ssid wms of ma+iy wen apin~lly s~ipulated
to be paid on s~xh day, anyth&g in said promissory note a~ in lhis Mort9aqe to the contrary notwithsranding; and the?supon or thereafia at the optan of
ssid MORTGAGEE, w~tFaut notice w d~m+nd, wit d. I+w u in equity, there(ore or theresf~er begv~, may be prosecuted u if all ma+eys secvr~d he?eby
hed matut~d pr~or 1o its feqtihrtion. .
7. TMt in tM wu~t that af th~ b~yioninp of or at any tirn~ p~ndinp sny wit upon this Mwtyage, o~ to fweclose it, a to reform it, or to enforc~
payment of ~ny cl~ims Mreunder, said MORTGAGEE aMll spply ro the Coun havirg jurisd~ct~on thereof fa the +ppo~ntmeM of a Receiver, wch Court shall
forrhwifh ~ppoinl a reuivtr of said mwfpay~d property all ~d sinyutar, ieKlvd~ng all and s+ngular the intome, piol~rs, iswes ~nd revenves from whatever
wurce dsrived, exh snd ~very of whKh, it beinp ~xpreuly w+dastood. is Mreby mor~gaged u if spec~fically set forth ~nd desaibed in th~ p.antir+p and ~
hebcndwn cla~s~s harwf, ~nd wch Rsa:wr sh~ll Mw ~tl tM b~oad snd effccrive funct~o~s a~d poweis in anyw~se entrvsted by a Cou.t to s Receiver, and
wch appointment shall be made by wch Courf u ~n ~dmitted eq~ity ~nd a rr~tter of sbsolure rqh~ to said MORiGAGEE, ~nd wi~hout reference to the
adequaty a in~dequ~ty of the vdw of the p?operfy mwty~yed o~ to the soNe~ty or i~wlventy of said MORTGAGOR o~ the defendanq, and that such
renn, profin, income, itsws and rwanws sh~ll b~ applied by such Reuiver ~ccord~np to the lien w equity of said MORTGAGEE and the practice of wch
Court. ' ~ .
8. To duly. pranpfty and iullY p~rfom?, d'ncharye, execut~. ~ffect, compkte, complY with ~nd sbide by each aed wery th~ stipulations, agnert~ents, .
condirioru and coven~na in said promiswry not~ and this matpspe ser fath. .
9. That in tM event the ownenhip of the morty~ped prcmises, or any part thereof, becomcs vested in • perwn oth~r than the MORTGAGOR, th~ ~
MORTGAGEE, iti succeua~s and auipns, mar, wifhout notice to the MORTGAOR, dcal wifh such successor w wccessor In intereat with referenu to this
morr9p~ ~nd the debt hereby setured in tfie swne manne~ u with Morfgagor withovt in any way vitiafinp w disthargin~ the Mwtyagws' liabilify hera
under a upon ~he debt hereby sec~red. No sak o( the pr~misn hereby mo.tyay~d and no fabearante on the pan of the MpRTGAGEE or ib ~~acuon
w auigra ~nd no extensan of the time fw ths payment of ths deW he.eby secwed 9ive~ by tM /NORTGAGfE or ib succssson w ~ssig% ~hall op~r~te
~o reteau, d~sdwrpe, modify cl~ or affect the «ip~l lisbility of the MORTGAGOR hsrdn, either in whole w in part. j
10. It Is specific~lly ap~eed that time is of the essence of thia contr~ct snd tMt no w+iver of any obliystio~ hereunder w of tM obli~aation sc
cured hereby shall at any fime thereaftx b~ heid lo be a waiver of th~ ternu hereof p of the instrum~m tecured herby.
11. In add~tion ro the twego:~g monthly payn+enri of princ'p~l and interest required by the p?omi:sory nore secured Ixreby, mortgsgor covenants '
and agrees to pay to mortyagee with each monthly payment ~n ~dd~tional wm estimated by mortgayee to be eqval ro 1 j 12 of the annwl cost of the follow- ~
ing:
A-Atl reat property taxd kvied or assessed ayainst the sbove desaibed real esute.
B-Premiums on fire snd windstwm irauruice as herein reqv~red to be c~rried on the improveme~ts sitwte on the sbove desaibed premius.
C-Premiums on wd~ mwt9aye 9wranfy insvrance as mwtgsgee sh+ll from t~me to fime deem fit to carry on the loan secured hereby.
Mortyagee shall from time to time notify mortgayor in writing of the smount due a~d paysbk hereunder and such wm shall therevpon be due and
cayable on the due date of Ihe next monthly paymant and sach successive month thereaher ~rtil mortgsgee shall notify mortgagor of a ci?anye in uxh
~ amount. S~xh wms shall be applied by mortyapee toward the payment of real propertY taxes. insunnce prem:ums, and mortgage gwranty insur~nce i
premiurtq. ;
I~ IN WRNE55 WHfREOF, th~ said MORTGAGOR k~s herevMO set his hsnd and seal the day and year iint aforesaid. . '
~ Siprwd, S~abd u~d d~liver~d in tM ptaMx~ of: . ~}I / 0 ~
I yCJL~~~ `~~/~`W~ ~eiry
~ ~ IIOCEtI MITRA= ~ a~
' CtERR CiRCt1tT COURT 4
ac~4P~ vER1ftE0 "
t e i der ; {
STATE OF fLDRIDA ~ _ + , .
~ ~ ~uc 5 3 2~ PM'11 ~ .
courmoF St. Lucie ry .
e.fo.. m. PanonaUy .~ea..d Ch a z l i e~ w i l c~ e r 3 I~ - • - {
Ethe 1 Wi lder h;s w~te, ro me well krawvR-sid.known to nie;to W=
rhe individwb d~wibed b and who ~na,t~d tM forpoinp instrwmnt, and acknowledped b~fon me that tMy exewted=thfi, i+rAM~for th~ p~F~';
r?rorein .xp.essed. Ma rh. Bt he 1 W i 1~',e r ~i ~ ~ 1
. ~ . , ° " ; c .
w;fe ~ ~ w~ Charlie Wilder ,~,j:~•~,,.,r,'~¢d ~F,.,~~- _
examinstion by me taktn separ~t~ and apart from her said husb+nd, atknowledped to and befort m~ that sM execvted said imi~,,,,~~ f~~~~~VOWr~ ;
tarily and withovt ~ny tompulsion, oa~strair?t, ~pp ni , or fex of o~ from Mr s+id IKnbar~d. i?^ ^ ~ . s
WITNESS my INnd aod dfkial ~eal d~y of r` ; ps :14 `~7 -
tary Public in ~nd ~or Sute of Horida at lary~
~ - My Commasion ~xpires: . _
~ R~turn Ta. ~aN ~rK• S{ale 0~ t
~ Fint F~der~l Savinps a tos~ w..oa.t~ (,~~missisn Expices Da.13• ~ s
Of Forf P~erce. ~~d tf ~M fw ~ Gw~ f
Fott Pierce. Flwida ~
~ ~
Z
This Instrument Prepared By Carol B. Burns
First Fecieral Savings E~ loan Association
of Fort Pierce ~ , -
Fo~t Pierce, Florida 33450 q ~
600K P~ ~ :
Checked By ~Q ~ - .
~ ~ .
• ; ~ i 4 ~ ~ ~
- --~~~e~