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HomeMy WebLinkAbout0821 t ; TO plaoe and tonti~war~ly kNp oe tM Iwlldinps pow o~ lN~~affs? ~i1wt~ or s~id laod N+d on ~il pvipment ~nd pNweully tovK~d by this mw1~- r ap~, with ~1) pnmiunN tMna+ paid in fvll, iin Gww~nw M+ ~h~ vawl stwd~rd policy fwm, in • iwn ~pprov~d by ~M MORiGAGEE, ~rid wind~wnn InwrM~p In IIM usW11 ~t~d polity torn~ N• sum +pptowd by 11» N10RTGAGEE. in Wch tompany o~ tomp+~ip q IM N10RTGAt3EE n»y ~ w+d all fin and wind~am~ Mrurana polkiN on ~ny ot ~ buildinp~. u~y inMr~ tMr~in a parl thereof, in ~h~ pW~9+~~ twn ~fauaid or In N~wl. ~11 oont~ln Nr wwi ~t«+dard mo.papM dwN or wd~ alw dwa a~ ~M Matyp» nn~y rpu~n, e?+kinp tM Iw~ w~ ud poti~ NK weh and wMy~ paYabN 10 ~aid MORTGAGfE N its InNr~q maY ~PPM~. and ~ad? a~d ~wry wd~ pW+cY ~hall b~ pranptir nr:yned w~d d~liwnd to ~ny h~W b~? wid MORTGAGEE a fwtMr ~scwiry 1o aW map+p~ dsb. +ed not Iw Nyn an (10) days in ~d,rana oi tM ~xpir~tion of ~ach polkp. fo dr Ilwr b ald MORTGAGEE a n~ewal tha~of, roy~tMr with ~ nuipt fa tM pnmivm oi wch r~n~w~l~ ~nd ~!?N~ sMll b~ no fu• o. windsarm inwranc~ pl~ad on Mq? of wW buiWinp~, u~y inh~at thenw+ or p~rt M+tnd~ w?I~s+ tn tM fwm aed witi~ tM low p+yabl~ u ~ia~saids +~d M~ tM ~w~t any wm : of ~y baomq par~bl~ wdK wch palicy or polidn saki MORTWI(3EE aMll Iww tM option vo ~iw and apply the sarn~ on accoum ot tM 4~d~bted- ' nw wew~d Mnby a b pwmit s~id MORTGAGORS 1o naiw ~ uM 8 p ~ey patt thortof fw oths? pwposet, wi~houl t6areb/ waivlnp p nnpai~• _,w ~+~Y ~Y. li~n a ~iqhe undn a bp virtw d Mis mort~ap~t ~nd in th~ wan wid AIIORTQAGORS ~MII fa any r~a~ fail fo k~ep the said pnmwa w kuw~d, a faU a d.lfv.r prompry any of ssid polid~s oi iiawana b wid MORTGAGEE, a fail promptly to pay fully ~ny pr~mi~m tMnfor w in a?y nspw fap ~o pafaM, dischxyt, ~x~cvM. ~ff~c1. compl~t~. aaM~lY wi~h and ~bid~ by fAis cov~naM, a any parf hK~o/, a+id MORTGAGEE may pla~u and . paY ia wd~ Mrwa~w~ or ~r put tMnof withouf wahrinp a~ff~dinp any opt~on, lisn, p~riry, w ripht unde~ a by virtw of ?hh Mortpp~, and tM - full ~nqwq of wch and wKy wch piymMt ~h+tl b~ ~+t~ly dw and qy~bb ~nd shall b~ar int~r~t fram tM dat~ thtreof ~ntil paid ~t tl+~ nt~ ol ' ~ nir» pN oa~hKn pn anwM and top~tl~ with wch inta~st ~hall b~ s~cw~d br tir liai of thh morpap~. 4. To p~rwat, aomntt a wffa no waM. ImP+kn»nt a dNKierNian d said 4 ProPNt~? a? +nl~ P~rt tMrwf. S. to' pnr all aod sinpular th~ oo~q, elwp~a and ~xp~ew~„ ineludinp a nisoMbl~ anwn~s fs~ and eosb of sbsn~ets of Hd~. i~ewrd a p+id ~t •ny ~Mn. b~r ..id N10RTGAGEE. b.eau,. « ln ~h~ w«+r of ~la f.ik,n on eM a~ d M. ~aW MORTGI?GOR a-dub. P~~Ptlp ~nd fvlh Pwfom~, d~sclr~ .x.c~n~ .fhc~. oon~kq,. oon~lr w+rh «+d ~d. b~r ud~ «w! w..~r ~A. u~u~om. +ar«,~.~a, oor~d~+far. «+d oowoar~n of .a~d pro~sw~r rwa a~d ~tw ++~9+~ +~11 or ~it1+N, aid Mid aosf~. cAup~t u~d ~xAN?ws. tad~ ~nd ~wry, ~MII b~ . Mmrwdi~tely dw and p+yabl~: wMther a na tMr~ be norice d~ . mand, anw~ to oolhd w wit pu~d~pr and tM full amowq of ~aeh and ~v~.y wch p~yemnt ~11 b~a. intaas~ from ~M dat~ tA~raof umil p.id a~ the raee of eim pK cMwm pe~ wrwi+W ~nd al) siid a~sM, chu~s wd ~r~d a pat~, ~opNl+N wiM wch in?~ea4 ~haU b~ secu~~d by tM li~r~ oi tha ~q+9~ ~ 6. Th~t (al in the ~v~nt of any bwch of NJs Morq~ w d~fwlt on Nr put d th~ 1NOrtTGI?GOR. a(b) in N+~ wa?~ any o1 s+~d wms of n+omy h.+.tn r•hrnd ro b: nor pio~~y «+d fu~ti Pa~d withH? ~h~y C.~O) day. aha ~M s.rs.ai~y b.co~+. dw .~,d Payaa•. witlw~t demand o? eotice, w(d N tM ~wnt ad~ ae~d twry tM sKpvlatioea„ ~pre~+rwnh, ea~ditions and cown+nb of iaid p.anisswy note and flus moitpap~ any a~itl~N a~ nw iuh~. P~~Wb ~~h P~am~d. d'aclw~d, ~x~a+hd. ~ff~d, cant+Mt~d, ca~plwd witA ~nd abid~d tiY, tt~a+ in ei~ha w u~y wch ~wnt tM said a~ p..q~b ~wn nwntiornd in aad pransu«y eor~ Msn r«MLdnp vnpaW, wifh imer.st .c«u~d, snd dl nwn.ys setw«1 M..b~r, sh.tl b.own. dw and, wy~ abl~ fortl+vritly o? thKwfta, a~ tl+~ option of said MORTGJIGEE, as fully ~nd canpl~tely as if ~fl of the said wms of e~oewy wen agin~ly st~pulned to b~ p~id on axh day. anytNep in wid promiuory noM a In thb Mortp~ to tM eonrruy notwirhsandiny; and thera,pon or ther~sfta ~t tM op~ion of aid MORTGAGEE, wifhwA notiq or d~e~and. wN M faw a h~ puiq?~ 1INflfOf~ W tMfNI1N bpun, may b~ prw~evled ~s if +U nwn~y~ s~cvr~d h«~by had m~nw~d p"~ot to ifs iratitution. 7. Th~t in tM wsM tMt ar tM b~ykw~inp of or at +nY ~ P~~O +~Y wit ~rpoe~ tbis Mort9a9e. a a faae{os~ N, or w r~fonn it. or tc+ ~nfwu varm.m a1 .ny daims Mrevnder. ~aid MORTG/1GEE •1»II .pply ro N~ Cwn M,rirg jur~sdK~wn U+ereof fw d+. •ppoinnnent oi a Rec«vs.. wch Ca,n s1+a11 fortMviM appoint s naiw~ of a~id enort~d property all and sinpvla?, incl~dug all ~nd sirgula th~ i~, p~ofits, issue~ u+d rwenues fran wMt~ver wwa d~?iwd. ~ad+ and ~vsry ot which, h b~inp ~xP?eashi w~d~~stood, ia herebY mo.tp+9ed as if spccifiatly s~t Mrth ~nd desaibed N th~ ~rantiep ~nd habw~dum d~p~s lNrwf, and wd~ Rspiv~r sFwll INw all tM broad and aff~ctiw fuectans u~d powe« in anywise c++tru~ted by ~ Cow1 ro a Receiwr, and ~uch appohten~m sMll be made by wd~ Cowt a~n admined ~q~ity and s mift~? of ~bsolvt~ rgh~ to s~id- MORTGAGEE. a.~d wirhow nfe~eno~ a th~ edsq~~ey a i~wdeqwcy of tM wlw of th~ propKty nartpaped or w the so~venc~r a~~solvcncy of said MORiGAGOR w tM defendant~ and tMt wch rents, Profiq, inoOl~R, isNws and rw~nwa tMll b~ applid b?r suth R~eivK ~ta0rdinp to 1h~ lia+ Ot puity of aaid MORTGAGEE and the prattic~ d suth CouA. . d. To duly. p?anpth? M+d_fullr pK(orm, fiiscMrpe, ex~cvte, ~Hect. eomPk~~, can~plY with ud abid~ by ~ach +nd ~wry th~ stipulatiom„ ~pr~nM. corwiitions ~nd-aoren~nts in Wid promiswry noq snd this mortpap~ sN fo~th. . 9. ThN in IM rwnt th~ o~wm~slJp e# tM naRqped Pranae~, a any put Nnreof, becomes vested in a pason othsr than tM MORTCsAGOR, the MORTGJIGEE. Ns wooason and ~ssipra, enay, without notiu to ths MORTGAOR, dsal with iuch wa~swr a wccessor in interast wi~h refcre~ce to this mo~tyay~ and ths debt hN~by s~cund in tM sart» nw+ner as with Mortysyw withoul in any wsy vitiatieg p discMrp'~ the Matgagas' N~biGtr htr~- under w upa~ tl+~ debt her~by s~artsd. No asb of th~ premi~e~ haeby ewrtgsyed and ra fabearanoe on the pirt of th~ MORTGAGEE o~ iM svccessors or auiyns and no euensioe of tM time fa tfit. payma+l of tM debt hereby secured q'wee? by ths MORTGAGEE or iri sucussws or ~ssigns„ ah~ll opar~t~ ro nlqa+i, d"ad~+rp~, rnodify ctynp~ or ~ff.ct th~ orig~nal Iisb~l~~y of tlr MWtTGI?GOR I+sreiA. ~ithu in whoie or in put. 10. It b ~pedfkalty s~ned tbit time is of th~ eucnu of this confr~c? and, th+t no waiva of s~r oblq~tion hueund~r or of tFr obliyation sa cvnd M?~by th~ll at aey ti+n~ tirrwhsr b~ h~ld b b~ ~ wahrer of fhs t~rms Mreof or of fh~ iruh;xnem s~wred herby. 11. (n addtion to ths fo~ego:ny ~i~onthly payme~q of princ'pal and imtrest reqvi?ed by the prom~sory oo?e secured h~reby. mortysgor covenant~ sr+d prs~s to p~y to mortyage~ with ~ath rramhly psyrnaot ~n additional sum estima~ed by mor~gsgee ro be equsl to 1 j12 of the annusl cost of the fdlow- ! 1ng. t A-All rsal property taxes Iwied or asseuad apa~nst tF~e above desviUed real estaro. _ B-Pran'wms on Hro and windstarm iruwanoe as herein requ:red ro bs car~ied on the improvements sitwee on N+e ~bove desaibed pren~ises. 1 . ; C-Pr~ on such mats~ye 9u+r+nh Mcwance ~ mortpaye~ shill from t~ms to ~ime deem fit fo carry on tl+e loan secored hereby. x 1Norq~ee sh~q fran time te tiw+e naify 'mortypof in writinp of tM amamt dve ~+~d paysble M~e~ndet ~nd such wm sh~ll tMeravpon be due snd f pay~blt on th~ due d+te of ti~e nsxt monthlY paYmsnt and sach suocessiw month the~eaAer until mortyagee shall oot~fy mortgs9o~ of a cMnp~ in such amount. Such wms shall bs applied by mottpapet loward /F~ psymN?t of real property tax~s, irnurarxe -prem:wns, and mortgag~ gwnnty inturdnte preinitimt. ~ IN WITNE55 WHEREOF. tlw sald MORTGAGOR h~s hereunto ~t ids hand and sesl tM , dsy and yeu t a esaid. I Sipeyd, S~abd arn! d~liwnd h t!~ preay+o~ of: f p~p ~~j~C~~ Y~ ~ ichard A: Hai • t ~ ~ R06ER t01TR~s CIERR CIA6U1~ ~T ~ ' - • erny~ YE111~1E0 q r STAiE OF FlOR10A Dorothy M' sight S~~ ~1~. 2 y2 PM'~ 3~gss - ~ou~ o~ st . Lu~~a 6 ~ ~ ~ , Richazd A. Haiqht ~ ••~~h''~••, . Doroth M. Mai ht ; Fw wife, ro me we11 kiwwn ~nd known w me w bs the iexlividiwls.tdisedi{~ •y~l1w tu~wtad ths foryoi~ M~rN, and ~tknowled~ed b~fon ms th~t thsy ~xecvted the sarrr for th~ purposss r~•~^ ~ d~•"•~"'; Dosotb; bl~ Haigb* wif~ d~M MI.~ R3 Ch~Li~. A_ s i nht upon • a~p~wte snd privat~ examin~li~j ~il/~~ 1+~ ~P+~~~ a~ ~P+n from har s~id IMnb+nd, adcnowkdped b and befon me tF~st sh~ executed s+id irotrwnent fnely and volwr tsrih? aijd~irid~OV,k'anY oon~pukion. ovutrair~?. +PpreF~nion, or iw of at from Fier s~id Mhband. -.wlit~5 my h~nd .~d~offi~.«~ 3~ d,y ~ au9ust o. 19 77 ` ~ l l.Qiac,e,~. ~ ~kO~t/XQei~ _ ` r• ary Publk in u~d f fM S~afe d fbrida at L~r~ 'c - ~ ~ - - M~/ COmt1i~011 ~ltpl?ps ~ ~NW~1 TO: , _ ~ prq f~rd Savinps i lo~ ~ysoc7atan flOTARY PUBUC. STATE OF FlOi iDA ~~T :~.:..c ~ or r.o.~ Pk.«. MY COMMISSION EXPIRES AUG. 12.1981 fwt P'~e.a. Hwid~ ~Ot10ED TMI10119M MUROSKEA~1iTOM, ItiG ' i • • ~ ~ Richard K. Kayes This Instrument Prepared By . First Federal Savings 3 Loan Association of Fort Pieroe . Fort Pier4e, Fbrida 33450 checked sy _ 60~~~~. PItCE ~ ~ ' _ ,i~ ` • • j`~ bp 1 -~~v;~, _