HomeMy WebLinkAbout0113 To plau ~nd rontimwusly k~sp on tFw buildinp~ now a I+K~.hM wtuia or uid I~~d and on +tt ~quipment u,d pawnally cov~rsd by ~his matp~
sg~. with ~11 p~miwns tMrwn pa~d in futl, fin au~r~nc~ a+ ~M uiwt standud policy fwm, in a wm ~pp~ovsd by ~h~ iMORtGAGEE, and wirwb~am
insw~na in ~t» wwl au+dard pol~cy (wm, M~ ivm approwd by tl+~ MORTG~IGEE. ln such companY o~ compani~a a tl+t MOR~GAGEE may ~ r~
di~~cts ~~d sU fk~ ~++d wiewhrorm Gaurana policia an ~ny of s+id buildinQs, sny 1eN?yt tF~.ein w put tlK~eol, in ~M ap~rpn~ wm ~(a~iaid w '
ro
ie ~xqw II~w1. sMll cont~in tM ww! sandad maty+p~ dau~ w wch otha ciww u th~ Mor~pape~ may rpvu~. makinp ttw tou uod~. sa~d po~M ±
cias, ssch ~nd ~wry. WY+bM M a~id NIORTGAGEE N ib iotKSSt m~y appw. and each a+d ~w?y such Do~icy sh~ll b~ Wa^Ptly a».ynsd a+d d~liv~red to ±
any lald by satd MORtGAGE~ a iw~hw ieaxiry ~o wld ma~pp~ d~bb ~ad. rwt I~s+ tt~? t«? l10) davs M+ ~dvanc~ of ~M ~xpi~~~ion d~KI~ pOliCy. to d~-•'." !
liv~? fo s~id MORiGAGEE • r~wal tM~~of, top~tFwr wi~h • r~uipt iw th~ pr~mium of ~vch renewalj a+:d ther• ~}yfl b~ no fir~ a wind~tam insv~+nc~ ~
plsnd on ~ny of aid b~ii~np~. ~ny int~r~st tMr~in a~ pat tlwnof, unl~u in tFN form ~nd with tM lou payable at efa~s~idt ~~d tn tM ~wnl ~ny wm "
of nwn~y becom~s p~Yabl~ u~der wch Policy or polici~s s~id MORTGAGEE ~hall Mw ~M opt~on ~o receiw •nd +pply ~h~ s++~» a? +ccouM ot ihe indsbted~ • `
n~si Ncwed Mr~by or a pe.mit s+~d MORTGAGORS w ~euive +i+d u~ It or any pu1 ~he~eol fa o~i+cr purposes. w~~hout l~31Eb/ wai~i~~g a~mpa~r- #
iny ~nY pviy. lien w ~ipht w+d~~ a by virtw _of this mort~ap~t ~~d h? tM ~w~f wid MORTGAGORS ihall tor any rtuon fsil to ke~p tM uid premiws w. t
insured, or (ail b dtliver promp11y any of said polici~~ ot intwanc~ to s~W MORTGJ1GEE, w fsil promptly to pay f~lly any premlum ~t+er~fot or in any.w i
respM fatl b perfa~, dixMr~e, txecut~ ~ffett, campkt~, comply witA and abid~ by this.covenant, w any part Mreof, uid MORiGAGEE may pbu a~d. t, F
paY for such tnwranc~ or sny pan tMriof withoul walvinp a ~fi~ctinp uiy opfion. (ien, puitY, or riphl ~nda w by virtw of thi~ Ma~gay~, and the `
fuli amo~nt of e+c6 ~nd ~v«y ~uch payrnee~t thal) be imm~diatdy dw and p~y~bl~ and th+ll bear intere~t from tM dat~ thereof w+tit paid at the rat~ ot' ~
nins pa centum pe~ aruwm u~d ~oyetAer with wch im~r~s~ s)wlt b~ secvred by tM 1'»n of thta matyape. ~
4. To p~rmit, aamnif or wftu no wut~, Imp+i~ment w d~taior~tion of s~id propKty a.~ny put tAereof. ~
5. To pay all u+d ~hgula? tM cosh, cMr~a and ~xpane~. indudirq a nason~bb atforney i fee and coi?~ of abstracn of titts. incurred w ps~d at ~
sny time by aid MORTGAGEE, b~cawe w in the ~wnf of the failw~ on the p+rt of tM uid MORTGAGOR w duly, p.o~+PNy ~nd fully p~Eam, ducha~g~, ~
exec~t~, ~ff~et. eompl~N. aomph with and ~bid~ by ~aeh and wary ths stiputatioro. ~yra~me~ts, eonditioru, ~~+d oow~+a~n of s~id promissory not~ and tha s
mwtgpe any or eitlur. and sa~d costa, charyes ~nd exp~e+sa, esch and ~nry. shall bt immediately -dw and payable: whetl~er e~ not the.~ bt no~ice de t
mand. ~nempt to cotlect a wit pend~npt +nd ti+~ fvll amavnl of sach and every wch p+ymem sMll bes. imersit irom ~Fa dale d+sreof umil paid et the '
rare of ~ine pa ce~tum per a~nu+n~ and all s~id cosn, cMr~es ~nd e:p~nses i~cv?red or p+id. tops~her with such interesf, shatl b~ secwed by tl+~ lien of thu
mortyay~.
6. Th+t (a) M the ~vent of ~ny br~ach of this Mortyap~ w d~fwlt o~ tFr, p~rt d ths MORTGAGOR, or (b) in ths ~vent any of said suens of mwKy
herein r~far~d ro be eat promptly and fully paid within thuty (30) days next after tM sam~ severatly bccome due a~d payabb. witF?out demand a notice,
or (c) in ths ewnt eaci~ and evary tM stipulatiorora„ ~naoents, cond~twes and cove~+nts oi sa~d promiuwy note and this mort9ay~ any a e~~her ue not
iuly, pramp~ly and fully p~rfwmed, dscMrg~d, execvt~d, ~fftcted, completed, eompl~ed wi~h and abid~d ~iy, then in eiihe~ or any such ~ve~t tM said ag~
g+eg+t~ wm mention~d in s+id promisfory ~ot~ fhs~ remainirg unp~id, with interasf xuued, ~nd atl moneys secvred hueby, ahatl b~comt dw ~nd p+y~
able forthwith, q fI~l~Nftlf, at th~ option ot s~id MORTGAGEE, u fvlly ~nd completely ~s i/ all of the sa7d wms of ma~ey were ayioally st~putatcd
to be paid on sucA day, snythirq in sa+d promiuory rals w a~ this Matpage to the conuary notwi~hstsndiny: and ~hereupon or thereafter; sf tM option of
sa~d MORTGAGEE, without noY~ce a demand, wit at law or in p~rity, therefo~~ w th~reaitet begun, may be prosecuted u if a~~wneys iecured hereby
had mafwed pnw t0 ib ir?stitutiOn. .
7. ?hat in tM event that st the be~ginnirg of~ w at s~y t~me paxlinp ~ny suit ~pon this Mwtgage, w ro torecbse it, or ro refo.m it, w to enfoau
payment of uiy daims hereunder, ssid MORTGAGEE ah+ll spply to ths Covn havinp jur~sd~ction thereof fo~ ~1?e appo~ntment of ~ Receirm, such Goun ihatl
forfhwith appaM • tKlivN Of said mOtt9a~ad p~OpeifY all.~nd N~vl~r. includ~ng ad and sirgulu the income. Proiits. issues and rwe~~es from whetever
w~~ce derived, exh and every of which, it beinp ~xpreuly w?derstood, is hereby matgaged as if spec~fically sN futh snd dswibed in the 9rantinp and
hebendwn clause: hereof, snd wch Receiver shall Mve ~II tM brwd and efiectiw fw+ctwr+s and powas in ~nywise entrusted by ~ Caxt to a Recelve~, and
s~ch sppointment shall be mad~ by sucF~ Cowt a ~n admitted equiry and a maner of absotute righ~ ro said NIORTGAGEE, a~d wi~hout rcfe~ence ro the '
adequacy ot in~dequacy oi the valut of the propsrty mor~ys~ed w ta the solvency w ir?sofvency of s~id MORTGAGOR w the daFendants, and that svch ~
re~rs, profin, income, issues and re4enues sMll b~ spplied by wd+ R~ceiver ~ccord~ to th~ li~n w eqvity of s~id 11hORiGAGEE and tM practice of wch 3
Court. ~ -
8. To dvly. pranptly and f~lly pNiwm, dixha~ye, execuh, effect, oompkte, complY with and ~bide by o~ch end erery the stipulatio~s, agrcemen»,
condirip» and coven+nts in s~id promissory note and ihis maty~ge set fath.
9. That in the event the ow.~ership of the mo~tg~ped premises, or s~y p~rt thereof, becomes vested in a person other ths~ the MORTGAGOR, ths
MORTGAGEE, lts succeuas ~nd auigns, may, without no~ice to the MORTGAOR, deal with such wcceuor o? wccessa in intereit with refere~ce a tha ~
matgsye u~d fhe debt hereby sen?red in iFK ssme maoner as with Mo?tgagw without in ~~y wsy viti~tinq o? d~scharging the IAorrysgors' liabitity hcra
ur,der or upa~ the debt hereby secvred. No sale of tM premisei hereby mortg~ged and no fabearance a? ~ha pah of the MORTGAGEE a its waessors
or assig~s and no ext~nsion'of tF?e time fw the paymem of the debt hereby secured piven by the MORTGAGEE a in succeuors w auigns, shall o{xrate
ro releas~, diul~rpe, modify change or aHett the oriylosl li~b~lity of the MORTGAGOR F?~re'u?, either in wFwle or in put. .
10. It b spec~ficalty agreed thae time is of ths essencs of this connact ~nd that no vraiver of iny oblgatan hereunder w of tM obli~sY~on sr
cured ha~by shall st any tMn~ thereafter b~ M!d ro be a waiv~r of ths t~rms hereof a d tlw ir?snumem secwed herAy.
11. In addition to the fwego:~g mo~thy paYments of princ:pal u~d intKest requirad by the promissory nora secv~ed hereby. mat9sgw covsn~nd ~
and agrees fo pay ro mwtgagee with each monthly p~yment ~n addi~ionsf sum estimsted by mwtg~gee to be equsl to 1 f 12 of the annwl cost of the.fo~~ow- ~
ing: . [
A-AU real property tsxes bvied or assessed agsinst the ~bove described real esqte. ~
B-Premivms on fire and windstorm inswance as herein requ~red to be carried on 1he improveme~ts situate on tMe above described premises.
C-Premiums on such mortgage gwranty insv:ar~ce as mwigayee shsll from time ro time deem fit to csrry on the, loan secured hereby. _
Mortyagee shall from time to time notify mor~gagor in writirg oi the amoum due and payable Ixrevnder and such wm shalt thereupon be d~e and ;
Fayable on the ~ve date of the next monthlY paymsnt ~nd ~acf+ svccessivs n+on~h then~fter vntil mortgsgee shall notify mongapw of a chan~s in such 1
! a~:ount. Siich sums shalt bs applied by mortgagee ~oward the p~yme~t of real property ta:a, insurance prem~ums, and mortgage yuaranty insurance
p•emiums.
IN WITNESS WHEREOF,.tha said MORTGAGOR hss hereunto sN his hand snd xsl the day ~nd y~r fir:t aforesaid. t
~ Sipned, Ssaled ~nd delivered in the pres~nce of: ~
. ~
D e~ IGenneth W ass ,n
.F., ~ .t~ . ~ e c~-,~ ,
' , andza K. Wil~~~.,: ~.n
~ - .1 ~ i p, ~ r
.,~1t •`;~J'ft,.
STATE OF ftORIDA ~
~ S5. - : ~ ~r - '~~i
COUNTY OF St. Lucie . _ ~ y~ r
Daniel Kenneth Willians - ' • - ` Y ` '
Befwe me personaliy app~arsd y and
Sandra R. Mlill~~l8 ha wif~, w~~c .~a a~ow~.°a ~+o ~
rhe irxliriduab desuibed in and who ~~ea,fed the fwepoirg irtstrument, and acknowledp~d !»fae me that they ~~ut~~„_s~~foC`ths ;purposes
. .
tnerein ~xpressed. Md iht pid Sandra K~__1~~Zl~~s .''._+r/~'•
Daniel Kenneth Willia~s - ~ ~ ~ ~
,w~fe of th~ said '~l~i~Md privst~
exam~naYw~? by me tsken sepusie snd apart from her ~aid husbind. ~tkrwwl~dpad to and beTOn me that she exetvted s~~q~~j~~~t,f?~ely and volvrt~
r•_r~ly and without any oomp~rlsion, coastraint. ~pprehension, or f~u of or from Iw said husf»nd.
w~rr,ESS i~a ,nd ofr;~;,~ se,~ 12th d,~, t ber A, p. 19 77
i
t,EO AMO gE OAO
~ ~~r1E ~V~~T • Nota Public in and fw the State of Ffwida at lu~ ~
ROCEF. PO~TRAS ~
~ an ~xPires:
~ - Re+w~ Ta "'"t„ rI.fRK CIRCUIT COUe~ ,
Fint fedtr~l, Savings a Loan Astotiatwn ' Y~F~FIE[1 '
Of Fort Pierte. r.~r.,~ es!:r~, t~z~p L! Zt :=r^f
P;N«, f~.~ Oc~ 20 3 so PM'T~ ~
li~~ CU+=iSdSS3.:;~ ti~'~S F.1''~. 3:1. 4i31 ,Tg
~ • i.~K«I Iwr.u~ u. s .~+..+Rr• - .
. ~
This Instrument Prepared By Rick Teet s • ~
First Federol Savings b Loan Association 38~r~
of Fo~t Pierce ~ f
Fort Pierce, Florida 33450 ~ r
Checked By • '
. $~~.76 ~ si~
~
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