HomeMy WebLinkAbout0124 S. TO plat~ ~hd centiewousiy kNp on th~ butldinys ~ow w hK~shsr si?wt~ or aid land ~nd a? +1! e~rlpre~e~~ and p~rwrSlly oovKtd bY this maq- ~
y~, wIM ~11 pMniwos ~hK~on paid io f~l~ tin G~vrMc~ in t~ wwl ~undard poli~y fwn?, in • su+~ ~p~xowd by tM MORiGAGEE, u~d wir~tam
traur~na M tM u~val ~~aida~d policy fain. in • wm appowd by tM MORTGI?GEE. M wch caopany or comp~niu ~ tM JNOItTG~IGE@ may s
dincy and i!1 fIn and wir~tona leywae~a policwa on uiy of said buiW~nps, ~ny InNr~st tMrtN or part ~ia~wf. Sn tM a~q~p~q wa? ~fat~aid or t
M+ ~+caM 1Mt~of, ~MII confaM ths usual ~t~~dard map+pe~ c:w~ a wd~ aMr Na~s a ~M MorlyapN may req~,a~. matiop tM low ~xdN said polF . :
ci~. ~ad~ snd ~+rMY. WY+bN ro said MORTGAGfE a ita i~twK~ maY +PP~+?. and .ach and •v.ry ,uch pol~cy sM11 b. p.omWiy a+•:pn~d and dh~~d w :
~+Y ~d h? uW MOR~3l?GEE n iv.~Mr s.aniry ro wkJ morroap. d~W. and. ew I~ss tMn tM (101 d+y~ tn advar~ of th~ ~z~a~ron of t~ch polity. w dr t
~iwr b Nid MORIGAGEE a ~t~wal tl~~oi, top~tMr wi~h ~ r~c~ipt fa th~ pnmivm of s~ch ?sn~wali ~nd ~hen ihail b~ rw fc~e o~ wi.+dstam fnawa+u ~
pl~ad on ~r oi sak! build'~. ~ny Mtenst thtnin a put tAKwf, vnl~ss in IM fo~m uid wi~h 1M 1os~ pavabl~ u sEorts~W~ ~nd in 1h~ ~vtnt aoy wn+ :
of mon~y b~COm~s p~yapl~ w+d~~ such policy a policbs ~aid N1pRTGAGEE sfiall hiv~ th~ optiw~ ro r~ceiw ar+d apply tM sams on aaa?nt o~ tM irwAbted~ ~ ~
~.ax~d t+.r.by a a p..mt~ s.~d MprtTGnGOR~ ro nuiv~ •nd v,. N p any pmt Ihs~eof la o~her purposei, wi~houl ~h:re~~ waivi~~g a Hnpair- ~
ir+p ~ny puity. IIM or riphl wd~r or by vktw of Ihis nwrtppy ~e?d in tM ~vem uid MpRTCsAGORS ~hall fa any nason isfl to keep ths ~aid prM?~ w
fnsur~d pr f~11 Ip d~liv~r promptly any of said politiss of it~Wranc~ 1o said MORTGAGEE, w taii prompNy ro pay fvtty any p~emiwn IF~orsfa a ln any ~
rnp~q fdl b p~rfanA, dischuy~, execut~ ~ff~ct, compkte. comply with and ~bid~ by this co+rananl, a ~ny put hc?wf, ~.~d 1~RTGAGEE may pl~p ~nti ' fi
WY fa wd~ Mnwanc~ ot My pah tMi~of wirhout walvinp a sfhpinp ~nY opr'~w~, li~n. puity. o? ri9ht vnd~r w by virtue oi thi~ More~, aod tFk }
fuN amount of ~aoli ~nd ewry such paym~nt s!w!! be immed'at~ly dw ind pyibl~ and sMlt b~ar imorost from ~M dat~ thereof vntil paid at th~ rat~ ol ~ f
nins per tanluen pK ~n?um as~d toy~tF~ wlth wch interesf ihall be ~ocwed by tM li~n oi this mott9~. ~
4. To PNmH. ooernlt a wff~? no wa», knP+iren~nt a d~Miaatio~ of said prop~rh o? +^Y Pa~t the~wf.
5. To p~y all uid slnpvlar th~ costs, t!w?~ ~d exp«+ses. includi~q a r~awMbt~ ~ftorner i f~s ~?d oos~s of sMtr~cb of fitle, i~cunsd or paid ~t
~ny time by aaid MOltiG/1GEF, b~cavs~ or in the ~v~nt of ti» fa11w~ on tM put of tM wid MORTGAGOR w duly. Promptty aod fully paform. d~xhuq~ '
execvl~, ~ffed. canPlN~. oomplY with and ab~d~ by ~ach and wKy tht stipwati«w ~~e+n~ts. eonditroro. and coveaann of Nid promiuory ~oh and thit t
mo,tyap~ any ot ~i~he?. u~d sa~d cosa„ durpts ~nd e:pensas, e~ch and ~xy, shall b~ &nmadiatsly due and piYable: whe~hsr or not ther~ be noric~ d~
mand, a~hmp~ ro oolkct or wit paidinpl ~nd tM ivlt ~rnount of Hch ~nd ~wry wch paymem shall txa. intereit irom tM da~e tM.eof w?til paid the i
.are of nint per dsntvm por amwm: ~nd ~JI s~W eost~„ char~es and expenses intwred w pifd, together with ~uch interpt, sMlf be sscured by th~ lien of thit
~
"wrtpp~,
b. iha W in tM ewet of a~y b.raeh d tl+~ Monqap~ or d~f«rlt on Mr put of th~ MWt1Gi?GOR, o? (b) in tl+~ ~wM any of s~td wms of moeMy ~
he..in r•f.n.d ro b. na pro~»ly and fu~y pa;d withtn thi~ty f30) dayt nsxt afre~ tt~t same seve?s~1y bccome d~e aod payabk. without dema~,d or eotic~.
or (cj in tM ewnt eKh and ~wry ~!K s?iprlatto.a~ aQrNments, conditions and covenants of ia~d p~omiswry note and th7s mortyaye se~y w either an not
3vy, pronep~lY and fu1N P~o~~d, d'aeharpsd. ~xecvt~d, ~ffect~d. compl~ted, compli~d wirh and ~bided by. tMn in ei~F~ a sny s~ch ~wm tlM aid ag
WeyaN swn nNntia»d in s~id pranisrory eot~ Maf ~uinieq u~7d. with int~at accrued. snd ill irqniys aetured haeby, shall b~can~ dw ard p~y- ~
+bl~ forthw;tFy u thH~aha, at th~ option of said N1pRTGAGEE, ~s F~Ify a~d comp4~ety as lf all oi ~he uid wms oI nwney vrere orgie~lly iGpulated
to b~ psid oa such d+y. anythi~g in q;d pro~ory ~ot~ w in thh N1wt9aps to Ih~ tontrary ~otwitfut~ndinps a~+d there~pon a thenaha ~t tM opt~on of
~.+id MORTGACaEE, w;tho~f norice or d~m+nd. wit at !aw a in pvity, thersfor~ a Mereafte? beyuo. may be prosecuted u if all nw~eys s~cv~ed hereby
had m~rurod pior a in instilvran.
7. 71wt in the tvaat that ~t ~h~ bepi~niny oi ar if smy time pee~dinp ~ny suit upon tha Mortg~pe, w to forectok tt, or ~M retorm it, or to enfo~~
P+Y^~e^~ of +rW d++ms Aeri++nde, s+id MORiGAGEE shall ipply to the Cowt h~vinq jw~sdiction thereoi fw tAa ippointme~t of a Receiva. wch Coun sMll
FwthwitA appoint ~ reeeiw~ of said mortyaQ~d property all and sinpulu, incl~d~ng all and sirguiu th~ incarr. WofiA. iuws .ard t~wnues irom ~n?haNwr .
source d~rived, each and rrery of which. „ b~i~p ~xpreuly u~d~rt~oud. ia he.eby mort~aged n if. spscifically set fa~h and dew;bed in the pr~mirp snd
hsbendum cl~uses hereof. u~d" w~h Receiver ~It Fww all tM Mo~d and effective funct~ons and powea in anywis~ ~ntnnted by a Co~r* to a Receivtr. and
wch ~ppo;ntmsnt sMll be mad~ br wch Gowt ~s an admitted equity u~d a en~tter of abiol~tt ripht ro aid N10itTCsAGEE, and• virit~wd ~~fetence p th~
+~Vv+~Y a? M+de9u+~Y of ~lw wlw of the WeP~?tY mort9+ped w to tM sowency or iosolvency of said MORTGAGOR p fhs. de(Mdanq.';ind fhat wch
.enis. profits, IncooN, asws ~nd r~vawwa sh~ll be ~ppliad by sud+ Receiver accord~ to th~ tie~ o? eqvity of said MORTGAGEE and tRi practip p{ such
Court.
a. io dr1y. promptfy and fully p~rfo~m, ~SCAa~ye, sxecute. effecf, complete, oon~ly with and abid~ by each and ~vrry the stip~latioea, a0rt~
conditioes and in uid ptomissory not~ arw! fha mortpsge wt fonk ,
9. Th~t in the event the own~nhip ~F~e ~y~ a~,r,~. a smr psrt tF~ereof, b~comes vested in ~ person other tFwn the MORTGACsOR, th~
MORTGAGf~ iri wcceuon ~nd auipns, may, without-notice to the MpRTG/WR, dea! with iuch successw a aucccuor in ;ntereu with nter~nct 1o this
mortg~ u~ tM debt hereby secur~d ~ ti~ sams maroKr u with /Nortgagw without in ~ny w~y vitiat~p p d~scharg'mp. the AAat9apws' Il~bilify h~w
undsr or trpcw~ Ihe debt hereby secured. Np s~1~ of th~ premises hereby mort~a9ed ~od ne fwbearsnoe on the psn of the MORTGAGEE o~ in wacsuors
or sssi~a u~d no extensan of tM time fw the payment of tM? d~b~ hereby secwed yiven by th~ MpRTGAGEE w its succ~uors or auiyra, sh~ll op~r~t~
to nlsa~ discharp~. nwdiEy d~enpM a aHect fhs oriyinai Uabil;ry o1 tbe MORiGAGOR harein. ~iehN in whols a in p~rt. .
10. It b spac~fiully a~.~~d th~t time b of tM esxna of tha co~msct ~nd ti~sl eo waive+ o# snp obliy~Ywn hereunder a of tM obliyatan ~
cvred Fwteby siMl! at any t~ ~he~t~fter bu Ae1d ro be a w~irer of the terms heraof a of th~ instrwqeM secvreQ herby.
1 i. In add"+tion to the iwego`~g enonthly paymenq of princ paf and inte~est ~equired by tAe promissory note iec~red I+ereby. murtgagor covanann -
and agrees to p+~ w moct~~gee with each rnoMhlY paYmcnt an additiaul wm estimated by mortyagee tp be squsl b 1 J12 of the annual tost of the follow-
ing:
A-All real property taxes kvied a useased apainst the sbove tksvibed ~esl estate.
B-Premiwm on fire and windstwm irowance as herein requKed to be carried on tht improvemeeb situste or? ti+e above dewibed premisq.
C-P~emlums on s~xl? nwrt9age gwranty inwrance as rwrtgsgee shsU from time to time dcem fit to arry on the Iwn secv.ed hcreby.
Mortgagee shatl from fime to time norify ~norigagor in writirg of the smount dve ~nd pay~bk herevnder and such wm sha!! therevpwi be due and
payable on the due date of ~he rext monthlY WY^+~++? ~~d e+di succeuire month thereaffe? ~xtil mwt~ss~ee ~hsll notify mw~gagor of a chang~ in wch
amou~t. Suth sums shall be applied by mortyspee toward the psyment of real property t~xes. ~ insvrance prem:ums. ~nd mertyage guu,~nty Mwra~
prem7lNM. " .
!N WtTNE55 11YHEREOF, tFk said MORTGAGOR has herw~to ut his h~nd md yesJ the"day sn~ y~r ~'mt afo~esaid.
Si~wd. Saabd ud dtlivered in ihe presena of:
\ o~. r iT wwy~~~~LA- ~ ~
Jo h . Bullazd
~~a romus ~
CIE~I~ Ct~CU1t 001~!~T . 1 q
. -n vERfEtE4 .
^ :;~~:~t,ij~~~. _ ~
STATE OF FLOR Qr,n ~ ~ 4 I~~T 1~~~ y Li .~~Ir .
St . Lucie ~ui.u. ~ J f/i
couc~n of . . ~
e.ro.. m. p~n«~.Uy .pp....a - Joseph M . BuI la rd 3~'' ~ ~ : . ~ , ` - f. -
+ ~ 4r ' ~ `-.-a~-'1'~- M~
Lucille M. Bullard ~ m ~ ~i~ ~ ~ "
' rhe tndividwb desaibed in u+d who .uscvtsd t!N for~yoirg iratrart+snr, and atknowlc~i~ed befon m~ that tMy .tlw aam~e
f
??x«rR .,~.~a, n,~d ,t,. Lucil le M. Bullard ' ~a Y • ~ :
: y . - .
w;f. ,f „~d Josep M. Bu ard ~ ~ ~
exsmin~tio~ by rne taken s~pKat~ and aput irom her s~id Mnband. ~ ~a~
tarit and without 1O ~"d bef°n m~ that sh~ exetute4:}s~~fmt~ ~y and~vol~n.
y ~^Y ~P~+~+, aonsnaint. +pprelwra;o~, or f~ac of or hom Mr saidlwsb+nd. •iq~'.~r';~r~:~,~~`~~_
WlTNf55 +ny Iwnd arwi off;cid a~al +h:. 6tt1 ~Y of s' ~A. D. 19_1Z
Noaa Pu ic in and fw tF»'Stata of flaida ~t lu~
Rewm ta. ~Y ~xpira:
~irst fyderd Ssvin~ i tosn Associ~tion
Of Fort Piera.
Fwt Pierce. Florida ~ ~ ~ ~
~ ~~iou E,~i+~ ~0.1~ ~ ~ ~ ~ 4
~r ~..id. r.. ~ c...+r t+.~+ +
T~is Instrument Prepared 8y Gary Ir. Bllwood •
Firsf Federal Savings b toan Assoc+ation
of Fort pierce ~ ;
Fort Pierce, Fbrida 33450 ~ ~ ~ ~ ~
t
Checked By
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