HomeMy WebLinkAbout0120 To pl~c~ and conrhwously kNp on tM bulWinpa now a I+KN(tN siw~» or s~k! I~nd u~d on +II pulpm~nr a+d p~rwn~lh aovKed bY rhis morq~
p~, wNh ail pr«»wna thawn pa~d in f~Al. Ein iaur~nu 1n tia wwl s~ardard policy lam. in a swn spprowd by tM NWR~GAGEE. a~+d wind~tam ~
irowana in th~ ww1 uand+rd pol~cy Ti?nti in . wm +vProwd br M. MOltTcr~l?c~fE. In wch cwey»nr « compa~ia as th. MOR1_csl?oEE. m.y_ ~
dk~di and ail fin w?d wNwl~wrm k~wrana Pd~ on ~nY ef s~id bvild~nps. ~ny k?Nr~1 ~M~~in o~ pirt thKwf, in th~ +pq.e~a~~ ~wn afa~w~d a :
1~ ~coa~ thM~of. ~II caNain ti+~ uwN uand~rd nartyapw dws~ a wch ahM dwa ~ tM Mo.typN m~y raquln m~kktip tM 1ws w~d~r ~+id po1F ~
0
c~... ~.d~ and w.ry. WY~bM ro s+W MORTGAGEE M in 1n~.~•u nwy ~pp.a, and .ach .nd .v..r wd~ Pclccy •iNll b. p.a++Wh .a;ya.d aed d.~iv.~.d +o ~-~3 }
any h~W by wd MORIGAG~E as funMr aanlh? to ~aid morq+p~ d~W. and. eiw Itis tMn Nn l10) d~v~ In advar~ of th~ ~:pkation of sach PolicN. ro dr .
tiwr b ~aid MORTGAGEE a r~w~l N+snof. top~th~r with • nuip~ for tht pnmiwn of wch rMewalj and ~Mn sha11 b~ ro f'u~ a wtnds~am inwr~nc~ ~
plao~d on ~r o! s~W buildinp~, ~e~y inNr~st thar~in or par~ tMnof, un{~sa in ~M form and wi~h ~Fw Ioas wyabk as ata«atd~ a?d tn tM ~wm ~oy swn ,
of moMy bca~w~ p~yabl~ w~d~~ wch polky w po~icN~ uid 1NORTGAGEE ~hall Mw th~ optan w r~ceiw ~+id ~ppiy the sa~m on accowd o~ ?h~ ir~bt~d' ~
n~q a~cw~d FNnby p to psrmit ~aid MORT~iAGO~tS b ~epiw ~nd w~ if a any pu~ lhereof fw othe~ purposea, wi~hout ihsrcb~ waivi~,9 a impair- .
~+^Y ~yri lia~ or ripht vrwbr a by virur~ of thk matyp~~ wd k~ tM ~wnt wid MORTQAGORS shall fa any reaso~ f~p fo k~eP tM s~id phmia~s w .i~
{nwr«1, or fail b d~1ivM pornptly ~ny Ot aW policNS of ieau~~nq fo said MORIGAGEE, ot fail promptly to pay fully ~~y prc+niwn ttwefo~ or in any *
r~sp~tt iail b pKfarn~, discl~q~. ~x~cut~ ~fi~c1. oompl~b. camply with aed ~bid~ by this oownant, a any part herwf, said MORTGAGEE nay pl+u a~0 ,,..r ~
paY tat such pwx~nor or anr psrt thK~of without w~ivi~p a aff~ctkq anY oPt~on. ~ien. ~qvitr, or rqht ~nd~r a by virtvi of this Mwt~ap~. and tM ' ~
full wnoue~ of each snd ~w.y wd+ paymM+t ah+ll b~ Nr~tli~t~ly dw and payaW~ and sh+ll b~u iotKest i.om tM d~t~ ~hereof un~11 p~id at th~ rat~ ot r
. .
nirw pK antvm pK ~mum and top~~l~ wflh s~rch htu~s~ ~iwli b~ wcwed by ti~ lia~ of this mort9ap~. ~
1. To pwmM. oo~nrnit a? wff~r no w+~M MP+knwnt or detKior~tioo of said prop~+ty a any par~ thenof.
5. To p+y dl and sinpular th~ oosts. ch+?~s ~nd ~xp~, includinp a nasombN at~aenelr~ f~s and cosn of ~bsn+en of titi~, incuned w p+k! at
any tMn~ b~r s~id MORTGAGEE. b~tavst a In tM ~wnt of tM failvti on tM part of 1M wid MORTGAGOR to duly. P?a^PHY and fuily p~rforn4 di~ci»rq~ . (
~xecuN. ~fhey oanPhe~. ao~nPb with and abid~ by ~ad+ ~nd ~wry tIN stipulatioer. ~prMn+N?b. aonditions. ~r+d oown~n~s of s~M promi+sory noa and this :
+*+wtp+p~ ~^I? o~ ~t~Mr. and said oosq. cMr9a s~+d ~xP~a~s• e~ch a~d ~vary, aMll b~ im~sxdiaaly dw and pay+bl~s wheths~ a not ~M.~ b~ no~~u ds
n++nd. +mmpt ro colket or wN p~nd~np1 and rM fv11 snawit of.each +rd awertr wd+ Wr~+++ shatl b.~. infet~tf ftOm Ih! datf tFferlof un~il p.k! d the
rste of ~int pe? amtwn pa annwn; and all s~id eos+s. chu9es ~nd'expero~ inaxr~d a p~id, ropNhe~ w~th such inte~t, sMll b~ a~cured bY th~ li~n of tha
^arb~ . `
6. ilwf in tM ~wM of ~ny bn~ch of thia Maq+p~ a d~fwh on tM p+~t of tM MORTGAGOR. w(b) M tM ~wnt ahr of ssd swro of nwn~y r
t,sr.~n nh.nd a bs na prampely and fv11y p.td wi~hin rh'vty t:~0) d+ys ,+ex~ sfrer ~M sar~e wwrany become dw and p.ybl~. without d~m~nd or notic~. .
w(d N 1M rvMt ~ach and ewry ~h~ itipulatfom. s9r~nb. conditian snd covenants of said p~omiuory note and ~ha mwtpapt +np or atFw u~ ~w1 *
iuh. prompM? and (vly p~fo.m~d, dathuQed. ~x~a?Nd. ~ff~ct~d. oon+Piet~d. compii~d with ~+d sbided dy. th~n in ~i~her or ~ny wd~ wa+t tM s~id ~ i
prpat~ sws'ewmiaMd in a+id p?omiaory noh tMe nw+aini~p w~p+~d, with waN~st +cuwd. and sil nwesY+ secur~d h~eby. dwll b~cwn~ dw and psy- ~
+bte fathwith, a tMrsaftu. u the optan of ~aid MORiGAGEE, a ivlly and compiealy as if all of the said wms of mo~?~r wem apioalty s~~pvlated ;
to be paid on wch day, in~rthinp in sa+d promissory noM or in 1l~is Allwtya~ fo tM Oonlr~ry ~wtwithstandlnp; and thenvpa+ a theresftar N ~M option of
•aid MORTGAGEE, withovl notia w dNnand, wit at law or In puity. 1hKefw~ a thaaf~er ba9un, maY be prosecvted as if dl mon~ps s~cur~d hsr~by
had iMtu~~d pr'qf fo ib L~stitution. _
7. Thn in fM weot tMt ~t th~ bpkniny o~ or at ~ny tin~ peedirg any wit ~pon this Matg+p~. or to faetloa~ h. pr, to nform h, w to enforcs
paymNN of ~ny da;,m ha~w~der. said MORTGAGEE shall apply ro tM Covrt Mvin~ jtxisdiction theteof for tMt appoimmcat of a Reteiver, wcl~ Court siwll
FonhwNh ~ppo;nf ~ noeiwt bf s~id owrtpay~d proparty ~ll ~nd sirgvUv, includ~ny all and ainyulsr the incom~. p?9rti, is~WS _ and rev~nws irom wMlwer
wures d~riwd. wch and ~very of wh~cR it b~ir~p ~xprtstlp w~derstood, is I,areby mwfgaged as ii sp~dfiully sN ioit~ and dewbed in.~th~ prantinp and
Mba+d~rm tlauus hKwf,.and wd~ Reo~iva siwfl h~w all the brwd and effectiw fu~ct~ons ~nd pow~en in_anyvr~s~ MHuitid br ar'Cbbif~o s R~ceivsr. u~d
such ~ppointm~l shall bs n~ by wd~ Caxt a~ an sdmined equity aed ~ m~tter of absolvte ripht to s~id MORTGAGEE. aa! ~wit11'oid rsfetentt w th~
adeqv+cy w in~d~qu~cy of th~ valw of eh~ props~ty mo.pay~d or to the w~wney or insolvency of said lNOAi~?GOR or the defeod~nn, and tlwt such
rents, profits. F+oane, iuws and ~~v~hs ah~ll be applwd by wd~ RtcdvN ~ccwdiny a tM lien or pvity oi wid MORTGACEE ~nd the practia of wch
Court. '
0. To duly. praoptty and fully p~rfo~n, d'adw~, ex~cut~. tN~ct. aomplet~, oomply wirh ~nd abide by ~ and evay th~ sY~latiora, apreements,
ca~t!'ttions and cdvM~nb in said promiaory rwq and this mort~ag~ Nt forth. - . b
9. ?Mt in the went ths ownerst+ip of th~ mortp+0ed Wen+ises• w ~ny p~rt tlweof, becorews vested in a person other tMn tM MORTGAGOR, t1» i
MpRTGAGEE, it~ wccesson ~nd usipm, msy, withan noriu ro 1M MORTGAOR. ds+~ with such successor a wcceaior in interest with refe.enu ro this
mo.~9sp~ snd tl+e debt hareby aecwed in th~ sarn~ msrx~er as with Mwtpapa without in si+y way viti~tinp or d~scharginp t!K Mortyagors' liabiliry harr
under w~ipon tM d~M henby secwed- No s+M of tM premises I~ereby mortQsped and eo iwbearanc~ on tF?e pu~ of th~ MORTGAGEE w iq waessors ,
or ~uiy~s and no extsnaian of the time _ fa ths pyment of tM d~W hereby secwed ~iYen by tht MORTGAGEE o. ib ~ucassson or +upns, sMll opvat~ t
~o relew ~ modNy thanp~ a sffW tlr oriyinal Pability ot th~ MORTQAGOR Mrein, sitiw~ in whole or, in put. ~
1Q h b speciRcslly aprted tfiat tinn~ 4• of tM ess~+~c~ ot thb oontrad and that no waiva` o~ nqr obligation hereunde~i or of tM oblipaYan st '
cvnd haeby ~MII at a~y thw tMr~ah~r b~ hsW to b~ a,waNar of tht- tamt hereof or of tM irKt+umsnt Ncund he*bY.
11. In addi~ion to the fa~poErg monthh? P+Y~~s of V~~P+~ tl~d intaest ?eq~ired by the p~ani~sory nate acured herebY, mwty+9w coven~nts
and sprs~s to p~y to moctppee wilh axh mQnthly payn»nt an ~dd~tion~l sum e~timated bY ~~+D~ e4ua1 p 1/12 of ths amwl co~t of the fd{ow- R
~ _ ,
, A-All resl prop~rty axes Iwied w.assessed aqai+nr the above desvibed reat esrate. .
d-PremiuMS a~ Pre, and windstorm inwranae as f~arein requ'ued to be carried on the improveme++n sitwte _ on the sbove described premises.
C--Premiwr~s on wch nw~qs9e 9uar+nh irowsnu as dwrtgspee shdl .from C~me w tirnt deen+ fit to carry +on th~. loan secured hereb~r. ' `
Mort~apN ihall. irom time to t~rr~ iiwify mortgsya in writiny of tlx smoum dve and psyaWe hwe~x~der aod such svm ahall thereupon be due and
payabl~ on the due dat~ of the next ma+thly payment and each waessive month thereafter ur.til mo~tgayee shsfl notify mwtgsyo? of a d+srge in uxh
I amount. Such swns thsll be ~pplied by mo~iq+pe~ fowud fhe payment of rea) props~ty qxes, i~wnance pre~re:wes, and mort9spe 9u+?anty iraurance
premivms. •
IN WITNE55 WHEREOF, th~ said MORTGAGOR h+s hereumo se1 his h+nd and re+l the d+Y +nd Ye+r ~n iwesaid. ~
Si~tw~, S~abd and d~liv~~d in the prewnoe o~
~~~EO ~
, ~ ~ . g 8 n
' O4EA !@IT co~R ~ -
. c~ER~ c?~CUIT ece a n
n~-^.~~!~ VFRtF1E0
STATE OF fLORIDA ~ - . l
~o~~ ~ st. ~~~e S~P 9 2 4~ PM 1~ 3'78167
Q. B. Malters t
lefo.• e»~~~ uy +vP..nd
~li~C9 ~81ti91'S his wife, to ms well known and known m m~ to be
` the in~vidwb dew~ed h u~d w!a ~~~q ~aY~ti~?t~ and aduwwkdped befon me that they ~xewtsd the same for tht pwposes
u~ A~~~AC LL
tF+erein enpniwd. Md ' ~ .
w~f: o/ +h. ..d • • 8 ers ~pon .eps...t~ .ed pcw.ta
exarrein+~tion by me t~k~n kp+rNr_ and ~p+rt ham har said Mab~nd, adu~ovvledped b ~nd b~fon me that shs ~~cewted said irutrurnq+~ fre¢ljt+~'~id ~vpliii~ . ~
tarily ~nd wiM~oiA any tom~wlsioe, co~uhamt, appreh~raion. or fHr of or from Iwr said husb~nd „ P '
WR~ f11r ~lifld ill~ O~CI~ iN~ f~11s ~ ~ ~ 3eptember , ~'~'A. p.•t4
~!~~i . .
n ~ yt„g ti - ~.~2.~` - ` - ~ ' .
Not~ry P~Wic in a+d for 1he Stab of .fydFidtyt LMy~ ' - ;
My Come~ission ~xpins: - _i , " ~
Retwn Ta. ' ~ti:' : ~ ~ ~
ftf11 ~Mi~ ~iVMI~~ ~ ~Oill ~tfO~itlOfl ? . . . . - - ~ ~ ;J ~ ~
of Fo.~ PK.«. llotar11 P~iic. Sta~e +r R~id~ 1+~. • ~ i`~, r
.
~.r r~.~.. Fio.~d. My Go~w~ E~qi~ D~c. 27.19'8d ~~,~t.t
. _ , ww n rr. ~ c....r. c•...:r ~ . . , ~ _
This Instrument Prepared By JOh11 Collins; eh
Firat Federol Savings b Loan Assotiation . {
of Fort Pierce ~
Fort Pierce, Fbrida 33450 ~
~ ~ ~ ~ _ ~ - ~ a~~4 ~ ~i9 ~
Checked By
F . ~ * • * '
. ~j r~~
I