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HomeMy WebLinkAbout0255 ' i t ~ To pbc~ ~nd contlnuously k«p on tM buildinpf now a ha~aflM ~i1uaN or uid i~nd ~nd on aU puiprt~tN and p~rwn~lly cowqd by thit map~ ~q~, whh ~II pnmiw+n~ ~hK~on p~id in (vll, (ih irqw~na t~ th~ uwal ~ta~x?rrd policy torm, fn a aum aypov~d by tM MORtGAGEE, and wind~torm trnwana in Ih~ wwl uardud policy fo~m, in • w~e app~owd by tM MORTGAGEE. in wch comp+ny or companiN a~ tM MORTGAGfE m+y djnctj ~nd dl Hn ar?d winrblorm i~awana policia on a~y of u7d bvildiop~. aoy tntK~~t eh~rein w pat th~.~of. in tl+t ap~rr,~ts swn ~fanaid a;~ In ucaa~ tMnof. tMl1 ooM~in Mw ww! standard morqa~ tlauM a wch o1Mr cl+w~ at tM MatQapN m~y ~p~in. mak~+p ~M iou ur?dK sald pol} n : cip. wcA and ewry. wr,bi. w~d M~tTGI?GEE a in inNrat m.Y +AP~+?. .nd .ach .nd .w.y tvch po~icy shaq b~ p.ompt~r .ss:poed ~+d d.live..d ro ~ ; ~ny INW by saW N10RiGAGEE a fwtMr s~awit~r to t~fd narpap~ deW. +nd not lesf th~n Nn (10) days h~dvaoa oi tl» explration o( ~ach polity. to d~ . liw~ 1o Nid MpRTGAGEE • r~w~l th~nof. wp~thM with a nc~ipt fw tM p~enivm of such r~newsli and thsr~ ah+tl b~ no fi~~ or winditam inwr~ntt . P~+ad o~ «?y of s~W buil~p~ ~ny intKai thenin or pat ti~sot, w~t~u in ~iw twm ~nd wi~h tM low payabl~ u~t~res~idj and M tM ~vMf ~~y wm of mw~ b~cpn~s piYabl~ wwl~r wd~ pol{cy or pol',ci~a Nid MORTG:,GEE sMll Mw ~M optron a ~eceive ~nd appy tM sam~ oe~ ~ccow+t ot tM ind~bted~ n~sa Ma+r~d ha~by a w p~rmU ufd MORTWIGORS w rsaiw and u~ N o~ ~ny pa~t thereof fa o~hor pwpoaes. wi~hout ~he.cb~ wai~ino o~ ~mpa;.- ' { tnp aqr puity. ii~n p ripht widK w by vimN of M4a mat~~Qwt ~nd ln t)w sva+t wid MORTC~AGORS ~hall fa any r~au~ fail to ke~p tM wid pr~misa ao ; inaund, or f~il to d~tivM prompry any of uW polici.s of inWU.~,o. ro sa~d MORtG~GeE, a fsil promptFy to pay fvily sny pnmivm then(o~ or in ~ny ; r~sp~tt f~il to pNia~, difth~r~. sa~wh, ~ffM. wmpt~q, oaepy with and abid~ by ~is oovenant. a ~ny pa» Mrwf, said MORTGAGEE may place snd pay fw weh baunnet or aeryr paH tMrwf witAout w~ivinp a~ff~etinp ~^Y eP~iory ~i~n. pvirY. a riyh~ vnd~r or by virtw of thls Mwrqap~, ~nd th~ f~u .movn~ of .acl~ and wsh, such payn,an ~h.11 b~ ~aayr dw and par~bl. and sh.tl b.a. i~teres~ irom ~M da~s thereot vnril paid at rM raa o1 nin~ p~t petvrn p~r arrwm and toQtlhs~ whh sud+ {ntenst slwli b~ ~stured by tM li~n of this mptpp~. ~ ~ I. To pumiR, camndl a wHn no waat~, Mnp~irm~nf or d~t~r'wration of said prop~rty or any pwt tMreof. ~ 3. 3. To pay all and skipu~~r tM co~ts, dw?p~s snd ~xpaw~, indudinq s~wson~bl~ ~norn~ys fM and cosn of sbstr~cts of titi~, incwrad or paid ~t ~ +ey t4n~ by aaid MORTGAGEE, Mcwr~ a in tM ~wet of tlw faiiun on tM p~n of ~M uid MGTTGAGOR to duly, p?ompNy and fully pafam, diuhar~c ' •xecvt~ ~tf~a, tar?pl~t~ aanplY wdtA ~nd ~bid~ 5y ad~ anti w~y tM stip~l+tions. aproarna~n. oonditiora. ~nd covka~n o1 said promiswry nots and tha t. morty~p~ an~r w N~hK. and uid coth. thupes and ~ap~s, ~ach and wery, si»II be knrnedi~teiy dw ~nd payablr, whether w not rMre b~ norin dr mand, athmpf b oo11K1 w w1t pNd'ing~ Md tht fvl! arewunt of wtf~ a+d ewry wcb p~YmsM shail 6~ar fnter~sf from tM dste tt?~reof vntil p~id a1 tht ~ rate of nin~ par pntum p~t ~nwny ~aiU Yid cosb. ch~~qas ar~exPM+~q w+twred or psid. wpe~hN wc~h such im~rK~, shatl M s~cu~ed by tM lisn of fMi t. , i b. Th~t (aJ h~th~ ~w~1 of amr b~NCk d~kis JNortyp~ o~ d~tavlt on Mr part of tFN MORiGAGOR a~b) in tl» w~nt any oi ia~d wnu of moMy he~etn r~f~rr~d eo b~ fiot "promptly ~nd fvly paid within thutp (30I days next after the same ceverally becorrK dw aed payabl~, wi~hwt d~m~nd or aotic~. ~ or (c) in tM ewM ~sch and ewry tM stipvlaY~on~, ~p?Nmany, oeeditioos and cow+?~na oi s+id promissory ~ots and th~s matpage ~ny er eithe~ in nd ivly, pron~ptly and fulhr P+~a~d. d"actwpe4 ~x~cvt~d. ~ff~tl~d, canpl~~~d. complid wirA and abided by. then in ~i~hs~ or u+y wch wsnt tM said aq~ [ preg~N tww m~ntiorrd in s~id promiswry not~ ti~ nmaG~iep unpaid, with int~rest acuwd, and atl awr»ys seewed fwr~by. ~II becarw dw and WY~ ~ble fatMrith, or tMresitN. ~f the oprion of said AApRTtsAGEE. a fully and compls~ely as if ~II of ~M said wms of moe~ey we.e oripinally ~tip~lated to be paid on wd~ dar. .nyd+inp in ~id p~a+,is~o.y nwe or in N,is Mo.~ya~. ro rM con~wry notwUhsa?~d~ng: and therevpon a fheroafia a~ ths option of said MORTGAGEE. witFaut noticy w d~mu~d, wit_~t I+w or in p~+itY, tiwr~ton a there.~;rer beyw4 may ba prosecuted ai if il) moners s~curod hereby i had rrNtwld ptior to in i+istihrtion. - ; -s 7. Th~t in th~ swm tMt ~t tM beykminp of or ~t any tier pe~di~g aeryr wit upon this Mwt9sge. w to foredose H, u to rofwm tt. a~ to anfwp t payment of ~nr dai~m hereueder, s~id MORTGAGEE shall apply ro tht Caxt Myinp jurisd~ction thereoi ior the appo~ntrnsnt of a Receivsr. svch Cowt sh~p ~ forthw~th appoin! a noehra of said morlp+Q~d prop~Ay ~II and sirgvla?. i~+cludug all snd sinyvlar ~he income, profits. issues and rovenues from whatswr ~ ~ourc~ dwived. ~ad~ and ~vsry of whicl~. N b~inp aeprasly unders~ood. b hereby matgayed as if spec~fiica{ty set fwth snd deac~ib~d in th~ y~ahtinp and ~ habenelum ctauwa Iweot. and wd~ R~oNwr ~p havs ~tl tM broad a+id effec*ire funct~oan and powas in anyw~se er:trusted by ~ Cowt to ~ Recsiver, +nd such ~ppoi~tnwnt shdl b~ mad~ by wch Co~xt q ~n ~dmittsd aq~rity ~nd ~ n?~tter oi absd~te rgAt to s~id MORTGAGEE, and withovt refaenoe to the adeqvacy a hwd~acy oi th~ v~lw of th~ prop~.ty rnaqaq~d a to tt+~ so~w~cy or insolvency of said MORTGAGOR or tM defendants, and' rhat wch ' renrs, profils„ incw~, issws and nv~s ~hall b~ ~ppli~d by such Receiva e&wding to th~ ~ien a~qvity of s~id MORTGAGEE anii th~ practiq of such ~ Court, ~ 1 & To duly. prompty and ivlN pafam, dnchary~. exscute. eff~et, oompkte, oomply with and abide ead+ and ' 4 cond,tioni and coven~ts in uid promis~o~y not~ ~nd this mortpsp~ sN fonh. eve~Y the stipufati«u, a~reemenb. 9. Th~t in th~ evem t!r ownership of 1M mortpigad premises or u~y part thereof. becomes vested in s persoe other th~n ths MORTGAGOR, ths ARORTGAGEE, its wooessors and sssi~s, nwY, without not~p fp the NWRTGAOR, dNl with such successo~ or successor ie interest wi~h rtfereoce ro this mortyp~ snd tIK debt lwrebr ~ecu~ed in tlk s~nr n~ar~er as wilb Matg~Qor withwt in a~y w~y viti~tieg w d~scl+sryirg the Mortq~gon' li~bility has- undcr or ypw~ tM ~ey+ hereby seaaed. No pl~ of the premaes hereby mo.tQa9ed a~d no fo.bea.ance on the pan oi ~h~ MORTGAGEE w in suaessors o~ ~ssip~s wd nb' t1~tNKion df 1hr= t&n!' fw 911s PryenMt of NN dsbt kereby setvred yi~roe b~i ff~e MORT6AGfE or it! sutteisas or issipi» shall opera» ro rek.~, dncfw~!f. !no~lr c~+;~ os, ~f~4ct.tM org~l N!~t+~ of ~b. MO~tTGI?C~qR h.r.in. lW~. n wh~ w in part. i . . . : ~ ~A. M h. ti~F~u~Y . f~!s~d M~!. .lim~.i~ .of tl~ e~feS~c~T4~f. this .eoMwtf rnd,liut cw ws'rve? o~ M1f obligation ha~ a, o# the obltpation se- f currd twr~by 'slMll at ~m tim~ there~ft~ b~ h~ld to b~ waiqK of the t~mn hereof or of th~ i~urrument'secwsd herby. ; 11. In add~tio~ to ths iorego:ng~reionthh payments of'princ'pel ud inraest 'required bjr'the prom;uory nore ie~wed liereby, mortysgor covenartts ar,d ayre~s to pay a monypse with exh moethlY p~ym~nt an add~tional sum est~ma~ed by mwtgaqee to be eq~ral ro 1/12 of the annwl cost of ths fdbw- 'ng: , , • . A~/U~ r«I poq~rty-t~csa levkd a afsessac~.ay~i~atdbe abov~e ~tescribed reat esare. . • . b-Yremiums on firq ~nd, windstonp iruwance as Mnin rsqu;red b be curied on tAe im ements situate gn ,t~ie ~ove de~ibed promiaes. ~ P~ C--Prsmivms on wi~i mo(t9aqt gwnnty inswanoe ~s rnwtgaqee ~sh~il ~froin tirne .to time deem ~7t to carry on the {o'an tsecvred hereby. Mortyage~ shatl from time to time notify mortyago~ in wr;tirg of tfie amou~t due and pay~bte fierew+der and such swp sF?s(I thereu pon be due ~nd FaYaF~ On N~e dw d+fe o( rhe next monthly paym~nt and each s~ccessive monrh there~fter vntil morigapee sha11 ratify mortg of a rge in such amour~t. Suth swrK shall be epplied by mo~to~ee toward the payment of real property Uxes, imwance prem:ums, and mwt gu anty insurance p~emivms, IN WITNESS WHERfOf, the ~aid MORTGAGOR has he~eunto stt his hsnd ~rd seal the y and first afwesa ~ SiDr~, Sabd and dsliwr~d in the pnsw+o~ oh = ~ t~~o ~?NO aECOROEO - ~ , ~ ~ ~ ~ ~T, LUCtE COUMTr F1.~. ~ ~ ` ~ ~ ROCER POITRAS ~•:q ~ Ct F~X CIRCUIT COU T n _ # ~~Q.~-jC / - : „ tc,.F~Ep~r _ 4 . v . - iA O „ STATE OF FLORIOA AL'•~ Z~ 3~~ PM ~ ~ . tOUN7Y OF ?~r• ~ ~ : • ~ l~fan n» p~nawlly app~and ~D~!!'ti Ti• oifl ~/O~t. - ~ I~arRarst 1. 9an Yoret t~s N,ire, to m. ,~ve,~ +cno~, ana kr~own w n+e w b. ~he tn~vid~ab darn'b~d in and who e~acut~d th~ far~~p kut t ar~ ackr~~~~d btforo me thaf they txecut~¢ tlr~ aank for the purposes therein ~xprpied. Md th~ J l~!'S~1M~1~ fiA rOI'SL . =;`i.~:~zt~~~~~ wif! Of t~M fild ~i'r L~ ~O~Y ~`y •"~~~~„~yy.~t!'1~ /~firN! - s~~- sxamin~tion by m~ tik~n s~~arate ~+d ~put from her said husband, adcrwwledped b end befon rn~ that sh~ exaat~d_, ~umenti.~. ~',~nd volun- tarily and witho~ ~ny com~ubion, Gonst?aint, app~ion. Or fear of O? froen hu said husband. ' ~''i ~~i l~,•_' . . wRNESS m~r h.e~! a~d oftic~al ssa~ riu• ~ d,y ~ Ln~st : ij: ~ d,+,~..~4_~~ e , ~ ~ . - ~ ~c ~C~nc.~.)Y?, . f~` ) - : - Notary Pvblk in and for t1~ec8Ws• 'sf:~~r y~r~e i Retwn Ta ~ MY ~ '~V,~/ ` - ,,,~,~s - Not+r1? Po6~it. State d~~'~ 5„ First f~al Sa ' i to~n Aswclation ~ of Fo.~ vK.u. 11Ar toamiissa. E~cpira Dec.'274,~1 Fwt Pie~oe. Fbrid~ k.~r.e s. ~K.e .~K 3•.. ..r c,:...~.~ - 9~ This Instrument Prepared By Carol B. Bqr[1s; olfi " . First Federol Savings b Loan Association ' ; of Fort Pierca ` .Fqtt Pie~ce, Fbrida 33450 Checked By ~ . ~ . ' . ' . : ~ _ _ . ; ' - , • - ` ' bOQK PACE 2JJ ' ~ _ _ _ _ . ~ - -