HomeMy WebLinkAbout0118 a. Ta plaa ~nd oon~trwo~sly kNp an tM bi?ildinp~ ~ww o~ Mr~+hN wh++t~ a` s+id land ~nd on dl puipmeo~ u~d p~rson+lly covK~d by thi~ nwrt~
p~, with ~I) pnmiwm ther~on paid le f~14• fih ins~r~+a in ~h~ wwl Nandard poliql form. ,in ~ wm ~pprov~d by th~ 1NORiGAGEE. and wie~torm
Irourana ln 1M wwl a~ndud policl? forn~ h•~orn ~pprowd bY th~ MORTi3AC~EE. In wch comp+ay a comp+n~p u tA~ MORTGAGEE m+y
dir+c4 a~d ~II fir~ w?d wkd~lam iruw~~ P~itip a? ~nY of said buiWep*. ~nY {otKat tMr~in o~ p~t ~htr~ol. in 1!» app~pat~ wm ~faa~fd ot
In ucaM tMrwf, ~MII oomNn ~M vwN s~andard mortqa~ daw~ a such otl+K claw~ a tl» Mo~W+~9N n?~y rpua~. m~kkp ~M loss unda aid polb
ciN, wcA and ~wry. WY~bN ~o said MORTGAGEE a i~s iotNal m~y ~pp~+?. and ~ath ~nd ~w~Y t~ch po~kY ~ha~l b~ promptty as:yn~d rnd d~GvK~d ro
.nr Mld by uid MOkTGAGEE aa fw~l+K ~.awihr ro s.W mor~y+p~ d.b~. +~d. nw las M~+ tM (~0) day~ M advanc~ of tM ~apk~tion of ~ach policy. to dt '.iI
Uv~r 1o s~W AI1flRTGAGEE • ~erww~l tMrwf. topt~Mr with • nuipt iw th~ p~miwn of such nn~w+l; snd tM+~ shsll b~ ro fu~ w windatorm iruw+nc~ .y
pt~ad an any of said build'a~ps, at~y ht~at 1Mr~in at pwl tM.eof, vnisss tn tM form and wi~h tM Ioa payabie a•for~ids ~ rM ~~~nt any wm
of ~aeyy beca,n~s p~raW~ w~ wd~ pvlky a polici~s said MORTGAGEE ~hall Mw ~h~ option ro racelw and apply tM sarn~ on accounl of tM indebted~ • F`~~'~
nKS s.cw.d Mr.b~r a a p«~ni~ aid MqtTGAGORS a?.ceiv. and us~.it a any pHt ~hereoi iu o~her purpasei. wi+hout ~hsreb~ wai~in9 a~mpair-
~0 +~M? ~qui~Y. INn a ~ipht unda w by virfw of ~his na?tpap~t +~d in'tM ~wnt said MORTG/?GORS sh+ll tor any nawn iail to ke~P th~ a~W pnmiss~ a
inwnd. a i~i) b eMlivK promptly any of said poiiei~s of i~+sw+na to a+id MORTGAGEE. a(~il promptly to paY fvlty ~ny pr~mium ther~fw a in any
rap~ct fd! 1o pafwn~, d'ach+ry~ ~x~, ~tf~c1. oon+pl~b. oon?P~Y wi1A and abid~ by this oovM+nt, or any part Mreof, said MpRTGAGEE may piau :nd
pay k~ wd~ Mruranc~ o~ am part t1+Kwf withow w~lvlnp a afhctirq +nY aWion, li~n, ~4~ity, or ri~ht w?de~ a by virtc» of thls Matpap~, ~nd the --7
full Mnounf of ~ath Mid w~y wd~ paY^wnl ~haU bt imn~diaNly dw u~d payabl~ and ~hall bNr intuat from tM daN thsrwf vn~il pa~d th~ ran ol ~
ntn~ p~r e~nrwn pM amwm and topetha with wch inra~st ~h+ll b~ s~cv~ed by d» li~e of ~his mor~+ys. - r~
~
1. To p~nlt. ooernll a suff~r no wast~, imP+irm~nt a dNKior~non of iaid p?opKqr a~ny pan tM~wf. .
To p~y oll ~r?d ~Mqular th~ twt~ ch~rpN and u~P~r?~a. indvdL+p a r~awn+bb ~ttor^~Y~~ fN uid cos» of sbstr~cts of titl~. irKwred a psid at
any tMr b~r s~id AAbRTC#AGE~ b~cwse a in th~ ewnt of tlw f~ilun on tFr pat of tM s~id AhORTGAGOR w duly. Pra^Ptly ae~d fully perfam. d~scF~arq~ •
execuN„ ~ffee6 ~~TM. ~+Ph wnh ~rd ~ by ~+ch and rwry tM stipulat~aq„ pnamenb. aonditana. ~rd cowoann oi ~aid praniuwy not~ and dw
^+aqap~ +ny a~i~har. a~d uid ooan. chwpes and ~xpease~, s~ch and ewry. ah~ll b~ i~+rnediat*1y dw a~d p+Yablr, wMtMr w not tha~~ b~ notict dr
mand, att~mpt b oo11Kf a wN p~ndirp1 and tht full ~rnow~t of ~ach N+d ewry wd~ p~Ym~++? ab+ll baar interest from tM dat~ ther~of uroil paid al the
.ate of nin~ p~r c~tvm pei aiuxwn: ~nd all s~ld oosts, chu9es and ~xpensea winxnd w p+fd. ~opetFw~ w~~h avch irou~st, ~hall be s~cureJ by tM t'~ of thb -
^arq+qw _
6. TMt (a) in the swiM Qf b~~ad~ of th4 Allortgsp~ or d~fwh on tM pwt of th~ MORTGAGOR. a tb) in ~he ~veet any d said wnu of mon~q . ~
Mntn nf~n~d w b~ nm p~omptlr and fvly paid witAin thi.ry (30) day~ n~x~ after tM ~ s~veratly baconN dw and paysbk. without d~m++d a notice.
a W h fM evaa euh .nd .w~r ~I» stipvlariora ~rMm.en, oondi~~ora a+d cowoann of s~~d promksory not~ ud this nw.roape any a eiths~ us na
iuly, prpeptlr and fv!!~r per(orm~d, difchrrqad, txetuted. ~ffecNd, ton~pletd. con'~plird with and abided by. tMo in ~ither w~ny wch w~nt tM said a~
pr~paN s~pe ~na+tion~d in s~id p~omiswrY not~ tlwi! ~+~?Lq unP+~d, wiM in~u~st aarwd. and ~II marys wcurad he+~by, sMll b~ooe» dw and p+y~
abt~ fatAwitli, a fIM~N~1N. ~t th~ option of said M10itTGAGEE, u futly ~nd canpl~klp s~ if all of th~ said wms of mo~xy we~~ wipin+lly at~pul~ted
ta b~ p~id on wch daY. +nYthirp in s+id pwmiuwy not~ or fn this Matq+ps ro tM oomrary notwi~hsundinp: and ~M.a?pan or tlxrsah~r at ~1w op~ion of
said MARTGAGEE, withoul notia a d~m+ad, wit at law w in p~ity, therda~ or tFweaher bepun, may b~ pro~ecvted as if all rtion~ys s~cu~sd haeby
had ~tur~d pr~w ro ~a imtiwrion.
7. TIMt in the ewnt th~t at th~ byiminp of or at any tim~ pt~irp a~y wit upon this Atiortysye, o? b fweclos~ it. or to rofwm it, a to enfaa
p~ymw+t of anp daims harrwnd~r, s+7d 1MORTGAGEE shall apply to tM Cow1 h+riny iwad~ction thereoi iw the appo~ntm~nt of a Receivar. wch Cowt shafl
ForM,wNh appoim a roaeivK of s~id matpapd proparty all and sin~vlar. includug a!1 and sagula~ Nn income. Wofits. issues and ~evenues froen what~wr
~wna~ d~?tved. ~ad~ ~nd e~ery of which, it b~inp expresslr urders~ood, i~ Mreby mortgaged s~ if spec~iiu~ly stt forth ~nd dMVibed in tM pr~nfinp and
Mb~ndwn c{w~s hereof. ~nd wch ReoeivK shall tww atl tM b~od and ~ffecriw functwro w?d Qowers in an~nwiu ~ntnntsd by a_Court to ~ Receiva. and
such ~ppoinem~nt sMll b~ n~ by wd~ towl q sn ~dn?itted eq~ity snd a~n+ttw of absotw~ rgM to aid 1NORTGAGEE, and wi~hout rsferenc~ 10 ~M
•d~qwey or in~d~qwcy of tM valw of th~ PropKh~ nanp+ped w 1o rh~ so~vN+cy a insdvency of s~id 1MORiGAGOR a tl+~ d~bndsen, snd ~ha~ wd~
rems. profits, iioan~. issu~s and ~~vax»s sh~N b~ applied by wch RsceivN accordirg b th~ li~n a pvity of ~aid AAORTCsAGEE ~nd tM prsctiu of such
Caurt. „ .
t. To duly. W~P~~Y +^d ~~1? P~• ~xetut~. effM. oomPkt~, oomplr with and ~bWe by Nch and ~very tbe atipulations, sp~e~nenfs, .
co~tiona and cov~n~nn in said promiswry na~ and this mort~sp~ set forth.
9. 7Fr! in tM weM tM ownenhip of th~ moriga~d pnmises, or any part tbereof, becomes vKted in a pfnon other than fhe MORTGAGOR, th~
MORTGJIGEE, Its wcceasor~ +nd ~fsipns, ri+ay, withoot notice to th~ MORTGAOR, dsal wirh iuch successo. w wccessw ia inrerest wi~h refera~ce to tha
mwtyaQt and the deb~ her~by ~ecw~d in tM ssm~ reWnner as with Mat~~pa without in ~ny way vitiatirg a d'achupinp t!w Monqa9ws' lisbility !wt?
undsr a upon the dcbt ha~eby secur~d. No s+N of th~ premises hereby mor~psyed and no tabsa~ance on th~ p~r~ ol tl+~ MORTGAGEE w its wccesson
w ~ssi~s ae?d eo exrwnion of MK tim~ fa th~ p~ym.nt of the d~M he.eby ~eaKad• ~iven Mr tM /YIORTGAGEE w- ns succ~ssws a assgns, shall op~rat~
a rel~a~ d;Kharpe, modifp chw~p~ or sff~a_ the ais~n+l liab~liry of rhe MpRiGAGOR he.~in, eisMr in wtale a in part.
10. h k specifically ~Qnsd that tirn~ Is of tM essenc~ of tha caanct and that_no waiv~w. of any oblgatan twre~n~der a oi th~ oblip+tion ir
cund i~~by ~hali at anp ti~ M~ae~fnr b~ held to bs a wafwr of Mw tarms hsrwf a of ths imtrument secw~d herby.
11. In sdditio~ to the foreyo:ng montl+~Y WY^~~n of princ:p+l and interest required by tlw promissbry note secured herebY, ma~9aQor oove~anb
and ~prep w pay to mortgapee wi~h each monthly p~yment an addirional sum estimated by mat9age~ to b~ equ+l to 1/12 of the artnwl cost of the fdlow-
+^9: _
A--AII real property taxa leviQd a assessed ~yairut the +bove described re+l e~ut~. . .
b-Prami~xns on fice and windstorm inswance as Mrein requ:red to be carried on ths im~xoveme~ts situate on the abo+re dexribed premisa.
C-Pran;ums un wch mort9ege ~ua~snty inswa~oe as mortyayee shsll from tirne to time deern fit ro arry on the loan secured he~eby.
Morqq~ shall frorn time to time notify n+ortgspw in vwitinp of th~ amount due snd perabk herax+cler +nd wch sum shall thereupon be dut ~nd
payaW~ an th~ dw date of the next monN+ly p+yrna+t and tach sucoessiw month there~her vntil mortgagce sh+tl notify mortgapw of a chanps in wd~
i amount. 5ud~ sums shall b~ apptied br mortp+9se towsr~ the payment of real property. tax~s, iruw~nce prem:ums, and mort9aye 9uar~nry iewr+nce
I pre~niuma.
! IH WITNESS WHEREOF, the said MORTGAGOR Ms herwnto s~t hb hand and seal tM day sed fint aaaid. .
Si~Nd, Stald ~ed deliva~ tM presu~ of:
0 ~ a ter B. Barro ~
s~:`~'~c~~~u ~
CIEAK CIACIFtT COU ~~J
^~qp vERIf1E0 rothy R, n
Barron
STATE Of FLORIDA $t . I.t1C1@ Ii~P J ~ y? ~~~~~Q '
COUNiY OF V t i7~~ .
Walter B'. Barron =
p..'°~'ur .°D«..a ro y . arron
his wife, to me well known and known to m~ to be
ths k~dividusb d~scr~sd in and who ex~cubd tM iaepoinp Yntrun~+t, ard sdmo~wledpd befoh me that tFwy ~xecvted ths sarn fVl. !~'p!KPp!!R
_ .
.~e~.d. ,~,d ,.id Dorothy R Barron ' ~ ' ~
walter B. BaYron ~ ' ~ ~ ~
wife of th~ Mid "~R~!:~~~,T~~~M~d prlr~f%
exunin~tia~ by n~e qle~n wpuaM and apart hom ha wid 1wsb+nd. ~dcnowlsdped w snd befon me that she sxecvted s~id io3que~NVt. ftK11? ind vaFQ4r
~b
hrily ae~d witllOUl Mfy oompYbi0~1, eOflsh~btf, W hK Of M f~OrB IfM Mid hufband. = ~
3;% .~ku~
YI/ITNESS ~ery h~nd ~nd offieial wal tfik•P~ day of t mb@ .•'r.i r :
: ~
~ ~t t~ -
~
HOhIy P11~IC H1 NId f01 1~If .51~tf O~~ .
~r ~ t
Retwn To: My Commr~an ~apina. ' t;t~
fiff/ f'~lf~ SiV1f1Qf ~ ~07f1 /IfiOtla11011 . ~ . ~ ~+L~!. <<+'n i -
Of Fo.t P~eru. o: i'7i.: ~r', 2 t
fort Viera, fbrida ~"r:~-:_,• ~4` fa~($?3
~d {r .i:.a.:_a. iy ~ t i ~ I~pV
~?r Ca.y~~~
. d
This Instrument Prepared By R. E. Poindextor Y ~
;
First Federol Savings ~ loan Associatwn =
,
of Fort Pierte '
Fort Pierce, Fbr+da 33450
~27~ ~ li7
BY c~
~ ' , + .
~ - ~ ~ b
. P