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HomeMy WebLinkAbout0680 To plac~ and oontiewouilp k~p on tM buildinps f10W 01 I1MN~fM ~tY~N W` Ned IaMJ ~IKI Of1 aII pV+~1fIN ~~I afWfl~Ily COVNld by 1Nf RW11Q' ~p~, wtth ~U pr~n?iwm tMnon paw! in tull, M Inwrr.~u io tM vswl uwd~rd policy fwm, in • wm ~ppov~d by tlw MOR~GI?GEE, snd windstorm irawanq In th~ wwl qu+dard pol~cy tae4, in • wni ~pprov~d by tM N10RTGAGEE. in wch comp+ny or canpa?ih a tM MORTGAGEE may dinat and ~II fin «+d wind~wn+~ iMwano~ pdiei~ on ~y of ~aid buildinpa, any inNr~st Maein a p+rt thK~of, In ~M spprpa~ wen ~t«~s+id a a+ ucaw Nwwf. shdl comain tir wwl sanda.d mortpapN claus~ a wd~ ahN clws~ u tM Morro+p« nNY nqu~rw m+kinp Mr ba wd~ ~ud pd} da. ~acA ~nd ~wry. WYaW~ b safd MORTGAGEE « iU in~wt may app~a. ~nd ~ach ~nd ~wry wcA po~~hr iMll b~ P~~+P~h ~:pned and d~iiwred w ~ any Mld bp wid MORiGAGEE n fw~Aw wc~x~Y to sNd map+p~ d~bb aod no~ la~ th~e qe (10) days in advanco ot tM ~api~~tion of ~ Policy. w dr I~vN b wW MORTGAGEE a nn~wal tMnof, wp~tl~u with ~ nc~ipt fw tM p~miwn of ~uch ren~w~lj a+d ~her~ ahall b~ no fw~ a windstorm Guw+au plaad an ~n~r of s~W bvildinp~„ a~y IntKeq tMnin or put th~rwf, unku te tM form and with t!» loa payabl~ as ~fa~Wr and ln tM ~veot aey ~wn of enoewy b~epews p~yabl~ urd~ weh polky or polid~s s~id MORTGAGEE tAall haw ~M option ?o r~uiw u~d ~pply tF?~ s+rn~ on ~eooun~ ot ~M M~d~bt~ , rnts New~d ha~by a w pwenil wld JNORTGAGORS b ne~iw and uN It w ~~y p~rt the~eof for othc~ purposes. withoui thaeb/ waivinp o~ ~mpair- inp +~Y puib. li~n or riphl tM~tla a py vkriN of thR mortyap~J snd in tM ~vset s~id MORTGAGORS shal) (w ~+y nason bil to kNP 11N s~id ptanit~s w iraund, a fdl b dtlivK prornptlY My of aaid politks of inwt~nt~ b said MORTGAGEE, o~ fail promplly 1o p~y fully u?y pr~rniwn tFwefor p Mt any nspa! f~il b p~rfwm, diulwry~. ~x~cvt~, ~ff~ct. oompMt~ oomply witb ~+d abid~ by this cov~nt, a any put he~wf, ~id MORTGAGEE may plau ~n~! • P+Y fa wd~ Mawano? w sny pWt tMrwf withoW waNinp or ~ff~ctinp +np oPtion, Ikn. ~Vo~tY. a ripht ~nde~ a by virtw of this Mor~~a~. ~nd ths fu11 ~nouiq of ~ad~ and ~wry such paym~nt ~hall M_ inwMdiat~ly du~ and p~yabl~ and sh~tl b~a~ lnterat from tM dd~ thaeof un?il p~W ~t tiw wa ol 4 r= nir» pK amvm pM arwwm arK! topNMr with wcl+ intK~st sh+ll b~ wcur~d by t~w li~n oi ~hh matp+ps. ~ 4. T o p w n+ l t, a o rt~ t o t w f i K n o w a s M. M i W u m e m w d e t K i o r~ t i o n o f t a i d p r o p~ r t y a a n y p w t t M r w f. _ ~ ~ S. To pay all a~d sinp~rlar th~ aosn, dwp~s ~nd ~ap~ns~~. lndud'w+p ~ nason~bb sttorney's fe~ and oosts of abstrads of titl~. M+aund w paid ~t ~ •ny tim~ by uid MORTGAGEE. b~e~n~ or in tM ~wnt d~M failun on th~ pah of tM aid MORTGAGOR w dury. w«~eM «,d fi,~M P.rrorn~, d~9.: ~ execvt~. ~ff~et. oon+P~h. ~P~Y with and ~bkM b~r ~ad~ and ~very tM itipubrions. +p~wnents. ronditarw ~d oow~ann of said promiuory eat~ and thi~ ! ^wrt9ap~ ~nY w~i+hN. ~nd wid oosh„ charpa aod ~xp~w~. sacl+ uid ~wry, shall b~ immediat~ly dw and payabl~j wMd~ a nw tMr~ b~ naiu d~ i m~nd, ~mmpt to colMtt or wlt pMdinpt aod tM fvll amow+t of ~ach and tvay wch paymem shall b~a. int~st f~pn th~ daq Ih~reof uMil paid at tM rate of nir~e pe~ oantum p~r wwms and all said tosri, tMty~a and ~ap~es incwred w p~id, topethar with wch ioter~sL sMll b~ wcvr~d d~r ~th~ Iwn of tha maq+p~. b. ~Mt (s~ in tht ~vKM of any bn+ch ot thin Morpap~ or d~fwlt on tlr p~?1 of ths A110R~GAGOR. a~ (b) in th~ w~t a~? of said twra of monry herein nf~n~d ro b~ ~ot pranptyr and full~r paid within thirty (30) days next aftef tl+e s+rrw severatty becoms du~ a~+d payabb, wi~hoW d~maod a notice. or (d In tM w~nt tach ad ~w~y tM stip~?iatio~r. ~W~^ts. condltiau +nd covenanb of s~~d promtuory no~~ and th~s mortpap~ any w titAer u~ no~ iuly, prompty ~nd fvlb Perfw~wd. disch~r~d. ~xea~~d, ~ff~aad, canpl~t~d, ca?+P~i~d with and abided bY, tiw+ in ~itMr a any wch w~nt tM aid a~ pr~yat~ swn n~emipeNd in Mid p~OmhiOry nON N~f ~«nii~r~p unp~id, with inlNesl acaWd, and all mo~eys s~cw~d Mr~by. shdl b~aonw dw and p~y- •bFe fwthwitl~, w tFw~aha, ~1 th~ option of s~id MORTGAGFE, u fvly ~rd compkrely ~s if all of rl,e said wms of mo~ty vren aqinally atipulated to be paid on wch day. ~ythkg in said promiuay noh or in this Mort~ap~ to ths contruy notwiths~u~dinp: ~nd th~rwpon or thereahK ~t tM option of u:d MORTGAGEE, without notia w d~d. wit d law w in puity, therdwe o~ thereafier be9v~, mar be prosacut~d as if all rnom~ra sKw~d I~usby had matwed priot lo ib inttitvtion. 7. That in th~ went tMt ~t the b~yinnirg of w ~t ury tim~ p~~g sMr wit ~pon tha Mwtgags, a to faeclos~ M, w to nfwm h, a to enforos payment of unr claims h~r~r, wid MORTGAGEE ahall appy ro ihe Coun M~~+y jwisdrc+an ~hereof for ~M •ppo~nrment of . Racsive., wch Cowt shdl forthwith appoint a nuivar d said morty~y~d propKty ~11 and w+q~lar. L+dud~rp all and sinyulu ths income. profits, Issws and nwnws from what~wr ~ource derived, sach ~nd ~very d whid~, N b~inp ~xpressfy ~rstood, a hereby matyaged as if sp~afic~lly aet fath aid daciibed In tht ~~ntirq and f habendum cJaus~s hKeof, ~nd wd~ Reuiver ~hall haw +11 th~ broid u+d ~ffeaive f~ncr~ons and powers i~ anywise emrvstd by a Cowt tQ i R~ceiwr, and ~ such ap~wintnrM ~MII be R~de by uxh Caxt as ~n admitted pviry and a rn~~ter of ~bsolut~ right to s+id MORTGAGEE. a+d without nfennn ro tlw ~dequacy a in~d~qwey of th~ v~lw d th~ propKty ma~~a~d w to the wrwncy w insolvency of said MORTGAGOR or thf def~ndants,. and that wd~ rents, profi», inoom~, awes ~nd rw~nwa shdl b~ ~ppli~d by wd+ Receiver accordinp to th~ lien w puity of said MORTGAGEE and tM practia of wch € Covrt. . i S. To duly, promptly a~d fu(ly p~rfo~a~, d'nchupt. ~xewt~ effect. complett. oomplY with snd ~bide by eacA and ewry tM stipulationt„ ay~~eNnb. ~ conditip» ~nd oovenanq in taid promisiwy no1~ and this mortyap~ set forth. 9. That in th~ ~wnt the orvewrship of ths mo~ty~ped pramises. w a~y p~rt thereof, becomes wsted in a perwn otha than tM MORTGAGOR, th~ ~ MORTGAGEE, Ns s~ccessors end assipra, m~y, withovl notice fo the MORTGAOR, desl with such wcceua or wccesso~ in intaest with r~fer~?c~ to fhis ~ mony~ u~d the deW hereb~r t~cwed In Hw ~arn~ manrNr as with AAortgapor withoW in any wsy viti~t6g w discl+~rg'u~g the Mortp+yors' U+bility Iwa under p trpon 1he debt her~by s~w~d. No ~~lt of tM premiws hereby mwlp~d and no forb~arance on the part of tM MORTGAGEE a ib wooeuors w ess'gm and no eat~nsion.of th~ tim~ fa tM payment of th~ d~bt Ixrebp s~cw~d yiwe by tM MORTGAGEE nr its sucussors or assipm„ shatl opuate ~ ro raka~ ditclMry~, nwdify chanp~ or aff~ct th~ wiy~al lisbilify of the MORTGAGOR h~r~in, eithe? in whot~ a in p~rt. i ~ i 10. It b specificali~r ap~d Mst tinw ts of th~ ~sNnot of thi~ eaur+ct and th~t no wairer of ~ny obltgatan h~re~der or of tM obllp~tion tr ' cured Fwebp slrll at any tim thawfhr b~ hild to b~ a waiver of th~ t~nns hereof w of the imtrun~nt tecured herb'!/• - ~ 11. In add:rion ro ~M forepoag ~narohly paymenn of p?inc:p.l and ime.es~ required by M+e promizsory note ~etured F+ereby. mortyapo? tov~nants # and sgrees ro pay ro mortgap~e w;th e~ch monthi~r parment ~n additiawl sum estimated by mwtqagse a be pual to 1/12 of the annual cost of the follow- ;ng: A-All real prope~ty tsxes levied or asteased against the sbove dewibed rest estate. ` i B-Premiuma on f've ud wp~dstorm insurano~ as he~eio requ'aed to be cur~ed on the improvrn+ents sitvate on the above desuibed premises. f C-Premiums on wd+ mortpa~ pvaranly imwsno~ u mat~syee shall from time ro time deem fit to orry on the toan secvred hereby. i Mortyapte sh~N frwn tim~ b tin~ nofify mortgayor in w.itirg of th~ e~narm due and paysble hNeundr arw! wch wm shal! dxnupon be due and j payable on the d~e date of ths~ ne:t monthly payment and each sucocssive mooth thereaher. until mortyag~e shal! notify mort9agor of • ch~nye in such ~ amount. Sud~ wms shatl b~ applied by matys~ee toward the p~yrnant of real propeity taxes, inwrance prem:ums, and mortgsye ywranty inwnnce ; premivmi. . ~ ; I~ WITNf55 WHEREQF, the id MORTGAGOR has hereunto set his hand ~nd sesl the daY.ud y~~foresaid. ~ j S~ • s~nw of: ~'`e/~/* r ~ ~ _ ~ ~1} ; ' v ~ ~ i ~ `'~1 • . p i STATE OP ~ ~ouNr,r oF A ~ ro r~ ~ ~ ~ # ~y ~ Robert L. Georye 3 ~ Jean L. Caeorye bis wife, to me we~~ known .na luwun, to e» ro b. zha ir~d'ividwb. ~1~.nd vrho .a.cut.d th. tor.po'wg &ntn~wm, and adcnowfedQsd b.fon me tlni thry •xea,red rM sam~ for rM pwposes ; ~ ` ~ 'i~ ~::is_ ~ Jean L. Geor9e ~ rtu?etn .~:i'~r.~. . h~. . - y~.,;.: wi(e_ . . • af ~ ex~er~s~i ~ ~}ts~j~. 'r'W `ap~rt from M/ wid Iw~band, Kkrwwl~dQed b and befon nr fhat sh~ exstut~d said trument frs~ly ~nd volw~- ~ taril~~r~tllpNt' Y~ = rC011N~~M• ~QpfM~IMNiOIy fNf Of Of irOnl ~r Nid hYfbitfd. - - ~ ~-...-rV~Si nh•(1MM1~#~ioi~llswl thh ~ day of A. D. 19 77 { '~.t-'~~ € ' l.n'- 's-s ~.~~'~'~0 ' Publk u~d tht Stat~ of florid~ d larp~ i : ~'~~Q `~`•~j~ ~ CLERR ER ~ A= My comn+~s+" ~.s: ~ ~ , ~ ~ a RCU WRt ~ ~ ~ ~ R.sr FdM~l,~jr~d`~4 t.oan Aswci~tan ' ti~R1f IEO rMp NMe r S~t ~f OYp ` P; ~ F~.~ Auc 8 2~a PM'TT '~`~..arowd~`''~' _ ~ _ j. 3'~4529 { This Insttument Prepared By Robert J. Bvdns~ Jr. • ' First Federal Savings E~ loan Association , of Fort Pierce Fort Pierce, Florida 33450 Checked By ~.4'' ~ ~ . ~ . ~ ; so~~i'~t = 879 ~ _ Sh : R . t ~ ~ . . ~`e.-:rcza- _,v.._.,._.:. __..~.~.:?+,m~e,_..'t`i.'sF° .