HomeMy WebLinkAbout0438 To pt~o~ ~nd ca?tinuously kNp on tM buildinp~ raw a Mnah~r Wtw+~ or ~W bnd aK! on ait eqvipn~ot aod pKaonaily c~w~~r~d Or ~Ns mo.t9.
ay~ w!M dl pr«niwns thenon paid in full, lih inw~u~a in d» vswl uMdud policy foren, In ~ aum approwd by ~M MORTGAGEE. and wir~twm
1n~wana in N+~ uwal ~undpd policY ta~? in ~-~wn ~pprowd by 1f» MORTGAGEE. tn wch companY a comp+~i~s a tM MORTGAGEE m~y .
dwct~ ~nd alt Hn aed wind~lonn krwana Polkin oe any of ~aN buiidinp~„ any IntK~s~ tl+e~~h o. p~r1 tl+a.wl, in ~h~ ~pqr.p~~~ ~w~n afa.s~~d a
1n ucaK th~noi, ~hall oontain th~ wual ua~+dard monQpN c1ws~ ar wch aM. d~w~ u N» Monpag» n+ay ~pvw~. nukinp tM bat w+d~ a+d po1F
ct~. NcA and ~vMy. WY~bb a wid ~NORTCsl1GEE a iM intKeft maY ~PD~. k+d ~atA ~nd ~v~rY ~ f~kY a~?+1! b~ promptly ~a,pMd M+d dtliwr~d lo
~ny IMW by aNd 11110RiGAGEE ~s funhe~ ~eauth? a said morp.p~ debb +ed. eot Na tMn qn l10) d~rs in ~dv~na of ~M ~xpU~~ion ot ~ policy. to d~ *
liw~ to ~W MORTGAGEE • r~w~l tha~of. wp~~ha with • nceipt ior th~ pr.mi~,m of ~vch nnew~lr ~d ~Mn ahai! b~ no f~n or wioditam In~wanu ~
pl~o~d on ~nr of aid bvlWinpi, N+y !n»r~sl ti»r«n a pat 1Mreof. vnlasf In fM (wm u+d•witi~ ~h~ Iws p+rabl~ aa •ta~iaW~ u~d h ~M ~wnt ~ny win a
of mwwy MeomK paysbl~ ue~ wch polic~r a policNs aid JNORTGAGEE ahall h~v~ rh~'op~ion to reniv~ and ~ppy the ~ on acoount o( tM M~d~bad-
n~ss ~ew~d Mr~by a w psrmt~ M~d MORTGAGORS w rau3w and uN b a any pu1 tMreol iw other purposea. withoul IF+e~eb/ waivin~ ot wnp+i~-
I^p +n1? puHY. N~n a.iq1u w~dw or by virn~ of ~hi~ mo~roap.j .nd rM •v.nr s.d 1NORTGAGORS ~h+ll fw any ~..~n fafl a k..p ~h. a.fd pr.mi~.s w
tnsund, or (ail b drlive~ paaptly ~ny of s~td polici~ of Gnw~nc~ ro s+id MORTGAGEf, o~ fai) pranptly ro paY fully iny pr~mium ~ha~fw o~ ln ~ny -
rsip~et fa11 b q.twn~, discMrp~ ~x~cute, ~fhct, compl~h. oomply with and +bid~ by ~h~s oov~nant, o. .ny p.r~ h.reof. s+id MORiGJ?GEE m+y p4ce ~nd
wr for wd~ Grwano. « any put 1hKwf wNl~a?1 waivinp a afhctinp ~ny option, U~n, p~ity, or ri~h~ u~da a by virtw of this Matpap~, and the
fvU arnovnt o1 ~ch ~nd w~y weh p~yen~nt ~haH b~ Ymwdi~»ly dw and pyabl~ M+d sM11 b~u intensl hom th~ dan thereof until paW N tM nt~ ol
nirn p~r o~ntwn pN ~+~?d top~ther wi~h wch inrerat shalt be ~~nued ~y th~ li~n o1 M~is ~ap~. ~
I. To pKM~, ao~nit ar wff~r no wat~. iniwkm~M or d~teriowtion of said prop~rtp a«qr p~rt thKwf. _
S. To p~y ~II ~nd ~InpvlK 11~ coqi„ dw~s and ~xp~nw~, indwfGp ~ r~asaybM ~ttwney'~ iN ~nd casn oi abuwct~ of titl~ incwnd or pid at
.ny Hen~ by wid M02TGAGEE. b~ewie a In rM w«+t ot ~M failun oe fln pwt d th. sak! MORiGAGOR a duly. P?omptN +nd fi+lh? P~rfornb dwcM.~w
•xecvl~, df~a. aompl~t~ Qomply wii1~ and ~bi~ b~r e~ch w?d ~wry tM uipul+~iora. +p~eanen». oonditiorr, ~nd oov~r+a++n of s~id p~omissay eah and rtw
"+atq+0~ ~n~r or ~itMr. ~nd ~a~d oosa. dwpa ~nd ~xp~MSS, each uid ~wry, sh+ll b~ lmnedi~tsfy dw ~ed payabbt wF?N1+~r a no1 tMr~ t» notia d~
~++i+d, +~nM to aolbet a wH P~^dinps and tM firtl anww?f of ~aeh and wMr wel+ p~ym~nt shall b~a. in~n~st from ~M dat~ eFweof until paid ~t rl,~
?pte of nin~ pK ew+hren pw airwenj and sll s~id eost?. eiwy~a u?d ~xpaws inewred a p~id. top~ther with weh imN~at, aMq b~ aew~d by tM lia~ of tt~
^wrty~•
b. 11+~t W fn tl» w«» d any bnach of this Mapp~ a d~f~ult an tM pat of th~ MORTGAGOR. a(b? in ~Fw ~wnt any d s~W aaos of ean~y
MroM nf~n~d M b~ no1 pramptly and f~lly paid within thirty (3~ days rrx~ she~ fIw sarrw aw.~tty becam~ dw ar~d payabl~ wtthout d~mand or notice,
or in tlw twnf ~ad~ and ~wry tM slipulatlom. +Dr~MS, co~dirions sod cw~oh of said Wanisswy not~ a~+d th~s mortpay~ ~ny a ~itF~ an no1
ivly. P~~~P~1I ~~h P~orn~ d'qdwy~d, tx~cvNd. tff~ct~d. tanPlaNd oomPlied with a~d abid~d by. tlro in ~itlwr or any such ~v~nt tM s~kl ~g
prg~N wn~ m~ntionN! (n said piomhsay not~ tlMrl ~ini~0 wiWJd. with L?fN~st ~K+wd, and all moMy~ utw~d Mr~bY. shill b~oonM dw a~d WY'
abk fatFwritl~, a tlwr~aftu. ~t ~h~ option of said MORTGAGEE, as fulty a+d compl~tely u ii all of the ~aid sums of nwr?~y vren aiqin~llr aipulated
to bs paid on such day. any?hinp in said pra+iasory noh or in tt+i~ Ma~p~ to the contr~ry notwithstandirgj ~nd thereupon w ther~aha a~ tM optian of
aid MORTGAl3EE, wirhout naia or d~n++n~L svit at law a in pvity. therdon or thereafta bpw~, msy b~ prosecut~d a if sll maMys ~~uu~d h~rtby
had manK.d p~ior ro in instilWiai.
7. Tlrt in ~M .wm ~Mt at N+. byinn3np of or s~ any rim. p~ndtnp ~e?y wif vpoe~ thh Matp+ge, o. ro foreeto~. ir. w w~afam h. w~o .~?foror
paymer~t of ~e~r daims ha+under. aid MORlGAGfE shatl ~pply to t!w Cowt havinp jv.isdkiion tM~wi for tFw sppointmMt of ~ ReceivK. such C~+n sh~ll
Forthwilh ~ppoiM a hceiwr of ~aid maty~p~d propaty all ud sinp~lu, intk+dwg ~II and iugula~ tM inca~», profits~ isaws ud revenues fran wMtwer
wura dKiwd, Mtfi ~nd wKy oi whid~, it beiny ~xpressly understood, is hsrsby monqaQed u if specifiully se1 fath ~nd dNCrib~d in 1h~ p?antinp aed
h+b~nd~Nn cl~s hKeof. and wch Ret~iwt tkall Mw ~It tM bro~d and tff~ttive fw+tl~an and powe+s io anywise entrusted by ~ Court w a Raceiwr. a,d
~uch ~ppointmem shal~ b~ m~ bp wd~ Co~t as an admined squi~y ~nd a m~tter of ~bsolui~ rigM ro said MORIGAGff, and withad r~fperKa b tM
adsq+++cp a? k+~l~qv~cY of th~ valu~ of th~ P~~b ~~D+?~ or ro the wNency o? insolve~cy of aid N10RTGAGOR or th~ d~ferid+nq. and Nut such
rem~ profits, incoin~. ipws arw! nv~nw~ shall b~ applied by s~rd~ R~pivK accordiny to tM lien w puity of s~id MORiGIWEE and th~ qnetiof of svch
Co~ut. -
To dub. P~++P~h? and fvlly pufam, dbctarp~, euscvte` :ffect, aompkN, ooerplY wi~h and abld~ by e+ch and wery tM sZiPut+t'wra. ~9~~ertwm~,
cond'rti0fn M1d tvvt+lMMt in said pfomiqay IWN ard thb moltpag~ Mf forth. '
9. iMt 6~ tM wem tFa orvnenhip of tM ew~ty~ed prNni~es. w aay p+rt tF~eof. bscan~s wsted in • penon otiw tMn tht MORTGAGOR. N+~
MORTGAGEE, Ns a,cusso.s and aupns, may. witFavt naice to tht AAORTGAOR, deal wi~h wch successo. a wuessor in imerest wi~h refer~ce 1o this
mortyap~ ~nd tM deW hNeby s~arnd in th~ sartw ~nw~a a with Mortpapw without in any wsy viti~tieg or dis~Mrqir+g H» Mw~yspa~' ii~biliy fw? ,
vnder or upon th~ debt herRby secured. No s+t~ o~ 1M premiaes h.reby matg~p~d ~nd no torbsa+anoe on ~h~ part o1 N+e JVIORTGAGEE w i» sua~ssors
a•ssiyro and no *x~a~sion of the tinw fa rtw p~ynwm of tM debr Iw.e6y ~x~d ~ivee by th~ NIORTGAGEE a its wcceuws or asi~pns, ahsll op~rat~
ro nleak, dixJ+u~e, modify ch~np~ w affrd th~ oripinal liab~firy of ~ MORTGAGOR ha~i~, ~itfwr in wfwM or in put.
10. ft b ~pecificalip apre~d tM1 tien~ ia of tM ea~enoe of thi~ oontr~ct ~ed th~t no w~iw cf ~ny oblipation herevnder ol of tlr oblip~tion N.
ard lw~by ahal! at aey tln+~ tMr~affa b~ heW to b~ ~ waiwr of tM brma iMr~of a of tl~ iine~umeM s~cvred herby.
11. In_+dd~tion to th~ faepo*r~ monthh p~ym~n~s of princ:p~l ~r?d interest rpvired by th~ promissory no~e secwed hereby. mort9qw oov~naMs
+~d s9r..s ro p.y w mo~qays. w~~h ach n+on+hly p~rmau an add~rion~l swn estimar~d by mortyags~ w 1» spwl to i/12 of rhe snnwl cast of tlK fdbw-
irg:
A-A~1 fNI plOplrfy }17tp Ilvild W itftStld ~iMt tFN ibW! dlWiblfl Mil litatl. .
6-Premiixm on Pw and windstorm ir?wranoe ss here;n reqv~ed W b~ urried on the imp?ovaments situate on tM above desaibed praniies.
C-Premiwns on such mortq~qe ~ui~enty Yiawar?et p monyap~ shall fran Y~mi ~o time dec+n fff to urry on the foin sewnd hsreby.
Mortysp.~ sb,lt from tinie to tim~ norify moroy~Qor in wrir:rg oi rhe`amounr dw a~d pay+bls here~w~dM and such sum shaU N~ern,poe be due and
pay~b4 on the due dat~ of th~ na~ monM1Y WY~+~ ud each wocessivs montb thereahar until morty~pe~ shall ratify morty~por of • chsnp~ in such
amo~nt. Suth swns shall be ~ppliad by mortyayet towud tht payment of nsl p?ope~ty t~xes, unurance p~rsm:wnt, arwJ monQaps -qw?anty iraurwft~
premilMy.
IN WITNESS WHEREOF. the a~id MORTGAGOR has herwr?to att his hand and sed the day and year fint afwasaid. ~
Sipmd, Swbd and d~liwr~d in the pr~a~noe of:
~a~~~~~~#. . ~
Clf ~K C1RfSWT
~''a~ y[~~FiE~ . o
.
STATE OF PLORIDA SEP ~ ~ ~7 ~ •
ST. LUC 1 E ~ ~
courmr oF ?~p.~p
e.fon p.,,oo.uy ,~,nd JoHN R. S t SSON ~~v+~~ ~
ROYCE A. S! SSON • hi, wif~, a m. welt keown .nd krwwa a n,. a b.
rf» fndividwlt drsuib+d in ~rd who t~c~aNd fh~ for+~~ k?strwrwnt ~nd~,,~,t~ed btfort me tl+at tMy ~xacvted rl+~ ~aer~ tor 1Fw purpw~~
the..s~ .xp..a.d. ~?~d d,. KOYCE A. 51 SSON
„"~f~ ~ JOHN R. I SSON • ~~on ~ s~p~rst~ and pfi?~
exam7n~tion by rm tsken s~parm ~nd apart fran Mr wid Fw~b~nd, ~da~owledpad b and before m~ Mit slw ~xecuted wid imtnmwnt he~l~r M+d voM~r
ruily ~nd widwuf anp oompuWoa. CotqltaiM. ~PW~I~roiOn a~ hY Of a frOen har Nid Iwsband. ~
wtrHESS Hq, h.,d ,nd official d,~, ,f SE TEMBE R A, D. t9
' Notary Public In the Slat~ of Horida at Larpr
~ rten,.n ta. N?~? c.oenn~.s~on '~0~ p~r,~. Staie a! Etorc'i tt la~q~
w~? F.a.r~l s.~ug, a lo~n w.~«ut~w+ Mp Co--:4^~is:i,a Exy:,es !a(~1 22, i:8i
a Fo.? r~crc.. ~..a.s a w..~a. r:. f c...r, c«vw
fOff PiNtl. f10/i~ . . - ~ .
This Instrument Pre f~ B J~ •••••,,~~'~i ~
pa Y HAL ROBERTS, JR.
First Federot Savings d~ Loan Associstion ' i'•
.
oi Fort Pier+ce _ 4`;
Fort Pierte, Fbrida 33450 - ~ - ~ - . .
c:
C hecked By ~ 6D01I / ~ PA6E - , . ' ~ ~ . .
_ ~
j. ° ,i:" ~ ~ ; .
' • :!4 .
~ ' ~ =`";~,'S~
• . ~ ~ ' _ . ~ ~ ~ ~ ~ ~ ~ '''~~/tJllit111U~'' '
~
.
~'T~*R~'B.A.~:s~±~.^-a.;~..-.~..sa~i:.rur.m...a ~s'r~.~::3~ "P- .
_ ~az~T~~
~~~C'~„~ .....,x =.:,.c_._. -
ccTC.