HomeMy WebLinkAbout0308 To plac~ ~e~d comin~ov~ly k~p on fM buildir?p~ now a hir~.fia ww•a or s•sd Iwd ~nd a+ ~II pvipm.m .nd pNwnally cova~d by ~hiti ma~p-
~p~, wi1A ~II pNnivms tM?eon peid Sn fu11, fin insw~nc~ in ~M vswl s~andud polKy fam, tn • ~um app~oved by tM MORiGAGEE. ~++d wirxu~am ~
imw~nq in 1h~ wua) ttae~d~rd policy fwm, tn • swe ~pp~ovtd by tir MORTGAGEE. (o suth tanp+~Y o~ ca^W^1e~ tM MORTGAGEE enay ti~
dk~ct~ ~nd al) f6~ u?d wind~wnn inswu~a Po~ki~s o~ +^Y of stid b"ild~npy My Mhr~~~ tlw+ein o~ p+rt ttwreot, h tF» pyreQa~~ wm ~faaaid or
M~~caa tMrwf. ~Iwli oontain tM wwl a~ndud ma?p+yM dauw a wch o~h~r clwN ~s tM Mortpap~ m~Y ~eq~in. m~kbip th~ iws unda said poll~ L~.
cia. ~ad~ and ~wry. WY~bI~ w s+id MORiG/WEE a in intass~ may ~pp~ar. and Nc1? w~d ~very ~uch polccy shall b~ p~anptly au.9rnd and deNvK~d to
any h~ld by Mid MORiGAGEE as funMr ~ecwity to s+M maq+p~ d~W. N+d. ~01 I~u thN? nn (101 d+ri d+ +dv+nu of t1» expk~tion of each po~~qr. ro dr t
IivN w s~id MORTGAGEE ~ rMewd tMr~of. ~op~~hN wi~h a ret~~p1 fw tM pr~miwn of a~ch r~nsw~ij ~nd ~her~ ~Full b~ no iin a windstan+ inwr+nc~
pl~c~d on ~eyr of ~std bulldinps. ~ny Int~r~st ther~ia or parl tM~wf, ~rnl+s~ tR tir to~m uid with tM loss psyabl~ a~ ~fw~said: u~d in tM tv~nt any wm
of moMy b~ca~ p+yabl~ undN wch polky ar po~k1~+ s+id 1NORTGAGEE ihall Mw ~M opt~on ~o r~ceiw and ~pply tM s+m~ on ~cco~nt of tM k?d~b»d ;
.n~u s~ew~d Iw~by o~ q pKmlt s+id MORTGAGORS lo rsaiv~ and ~+s~ N w any puf thereoi for other purposes, wiiFioul thereb/ waivi~y w ~mpaia
~~0 +~+1I ~b. liM? a ripht wwla w by virtw of this mortopt~ ~nd k~ tiN ~wM w~d MORTGAGORS sh+ll fa ~nY nawn i~il fo k~+p ~hs s+id pranis~t w
insvnd, w fN) b d~liver pranptty ~ny of said politias of 1nw~+u+t~ to said MORTGAGEE, w fail promptly to pay fu11Y anY pr~miwn ther~fo? w i~ any . f
r~sp~et fall b pa(win, d~xh+r9~, ~xteut~, ~ffM, eoenpl~re. eomply wi~h and ~b~d~ by th+s eov~n+nt, a ~ny part hrtrwf, said MORTGAGEE m+y p~~n ~nd
paY fw wcti trow~na a u+y put Nwreof withou~ w+lvinp a affectM+p ~ny option, li~n, puiry, a?ipht vnd~r a by vtrtw of this Mat~+p~. ~nd tM
full amount of ~ad~ and evNy such payinent shall be imMdi~tdy dw and py+bb and ~hall bear inta~sl from tl» dat~ Ih~rwi w~til p~id ~t tFr r~q ol •
n~n~ p~? csr?twn qr aniwm and toy~the~ with iuch i~tNest ahall b~ a~curod by the t~ of this mwtpp~.
4. To p~rmib oo~rr~~it ar wffa no wasN. LnW'anxnt w d~taioratioe of sad propKty a any pwt ths.wf.
S. To pay all M+d w~pul~r th~ cwts. cFw?p~s and ~xp~ws, indudirg a rww~+~bl~ anwn~y'a f~i ~nd oosn of abatr~ds ot titl~. Mcwred a paid N
sny tirr~ bq wid MORIGAGEE, b~caus~ a in /M ~wnt of the_faitu~~ on the pan of tM uid MORTGAGOR 1o duly, promptly ~nd fvlly perfwm, discharpR
exetvt~, df~d. oomDbt~. ow~h with u+d abtd~ by •sd+ ~nd •wry rM uip~lar~om, ap~eems~?n. oondi~iom. ~nd cownann of s.d promtuay na~ and ihi~
mort9p~ a~y or ~ither. u+d s~id cwts. ch+ryes and ~xpt~ses, e~ch ~nd ~v~ry. aF~all b~ inxrKdia~ely dw and pay~bl~: wMther a rwt rher~ b~ aorict d~
m~nd. ~f»mp~ ro edNcr w wi~ p.~d~npj ar+d rM f~,ll s~rw~nt of ~~ch ~~d wery svch p~yment sh+ll b~a. in~er~st f~orn tM dat~ tM~wf w~til paid ~t the
.are of nie~ per untwn per ~a.um; and all faid costs, th~ryes ~nd expenses incvrred or paid. topttMr with Mxh Int~r~st. sMll M wa+~~d b~r th~ iiM of thi~
mor~p~pa
6. iM/ W M tM ewnt of any bnach oi this Nbrt9+y~ e? d~f+vlt o~ th~ part of ~he NWRTGAGOR, a(b) in the iwnt ~ny of Wid wms of monty
herein nfMnd to b~ nw pranptly and fvlly p+id within thirty (30) days rwx~ aftar tM ~am~ s~v-e.~lly bacom~ dw and payabk. without dem+r~d or notiu,
or (d in M» wMt ead~ u+d ~v~ry tl+~ atipulations, ~re~r~nts, co~iitions u+d coweann of ~s~d p.omisswy not~ +nd tha mwtp+p~ +np e? ~ith~r an no1
i~lY, piampNy a~d tvlty pufwmed, discharped ~xKUhd, effeded, compi~t~d, complisd with and abided by. ~Mo in eitMr or a~y s~xh ~wnt tM said a¢
g.e9at~ swn m~+~taned in s~id promissory noN tMn ~~rnaininp unp~id. wilh intaat acawd, and ill ma»ys sea?red Mrtby, shill beoonN dw and WY-
abte forthwith„ ar tFNfNNN, a~ tM optix? of s~id MORTGAGEE. u fully ~nd canpl~~ely +s if •II of rM said w~ns of money wen agirialy st~pulated
fo be paid on sud+ day, ~Ir~~++~p In ssid promissory note a i~ thia Mwt9a~ to ~M contrary norwi~hsundinp: and the~arpon a ther~~ha N the op~~on of
•aid MORTGAGEE, without not~ce or dert~u+d, wit at law a in puity, therefore a thereaf~~r begun, msy be p?osecuted as if a11 mp~tri s~cur~d hareby
had matw~d ptior 1o i1s i~utitution. ~
7. That in tM went that at the beginntnp of a ~t ~ny Yum pa+dirp ~ny wit upon this Mwtp~pe, w to foraclos~ it. a to ~nform H, o? to enfora
paym~nt ot ~ny dsims hereundes, s~id MORTGAGEE shsll ~pply to tl+e Court luving jwisdKtion thereof fa tM appointment of a Receive?, such Gowt shall
fwthwith ~ppoint s~eceiver of wid mwty+p~d propKtY all ~nd sinpvlu, includ~np all a~d w+yvlar ~M i.~com~, profits, iiwes and r~w~ws irom whatwer
wurn d~rived. ~ach and ~very of_which,, it beinp expreuly understood. p hereby mo.tgayed ~s if spec;fiulty ~et fath and d~scribed in t!r qru?tinp and
habendiHn clauks h~r~of. aid such Receiver shall Mve all tM broad ~nd eNectiw furx~ior?s and powas in ~nywise entrust~d b~r ~ CouA to ~ ReoeFwr, and
auch ~ppoiroment ihait be made by wch ~owf as an adm;tted equiry and a matter of absdu» tight to said MORTGAGEE, u+d without refe~enc~ ro ths
adequscy o? inadequacy of the v~lue of the propary mwtys~ed or to the soive~cy w insu~vencY o( s~id NIORTGAGOR o? the defendae~n, ~nd tMt wch
renn, profin, inw~n~, i»ws ~nd nvenws aMll be ~pplied by sud? Rauive. accord~r+p to the lien « puiry o( wid MORTGAGEE and tht practic~ of wch
Covn.
d. To duly. P?omptty u~d fvlly p~rfwm, d'ucF~arps. execvte. ~ffect, oomplete. ~anp1Y with ~nd abid~ by esd~ and every tM stipvlatans, apreem~nls,
conditioeq and oovena+?b in said prombsory ~wt~ u~d this mwty+p~ sN fotth.
9. That 6~ tM evant the ow~ership of ths mortysyed premiias. w~ny part thereof, 6ecomes vested in a penon other than the MORTGAGOR, tM
MORTGAGEE, Ns successo~s ~nd auigiu, m+y, without notice to the MORTGAOR, deal with such suttcasw w successor in interst with refaence to this
mo~tyspe ~nd the dept hersby sacwed in the same manner as with Mortgaya witFavt in ~ny way viti~ti~g a diacMryirg the MortQayors' li~biliry htrr
under a upon the debt hereby secur~d. No s~k of tht psemiscs hereby mors~sy~d and ra fabear~nce on tM put .of th~ MORTGAGEE p iri woceswn
o! suigro and no extte?sion of the time ior the payment of the debt F~enby secured 9iwn by tM MORTGAGEE or its succsason or ~ssi~% shall operat~
fo role~w. discMr~e, mod~fy charg~ w affect tM orginal liability of the MiORTGAGOR herein, ~ither ie wFale a in parf. .
10. It is specifiully aymed thal time a of the eucnu of this cootrsct snd tMt no wai,rM of any obliy~tion herwnder o~ of th~ obli~tan se-
cured Mr~by shall any ti+~e thereafter b~ heW to b~ ~ wai~rar of the tem+s herwf a of the Msnumem secwed herby.
11. In ~dd~tian to the fwega:~+g monthly payments of Princ:pal ~nd iMere~t repui?ed by tFr promissory no1~ sacwed ha~by, mort~~gor e~v~n~nri~
and syr~es to pry to mortgagee with each monthlY paYment an addirion~l wm estimated by nw~t~+pee to bt equal to 1/12 of the smwl cwt of the fd{ow-
ing: " -
A-All real property taxes kvied a aasessed agains~ the above described real estate. •
B-Premivms en fire ~nd windstorm insurance as hercin required to be urried on.the imp~ovemenb sitwte on tM +bove described premata.
C-Premiums on such mortpage ywranty insur~~ce as mort9ayee shall from time to time deem fit to urry on the ban secured hereby-
,i Mort9spee_ shall from time to time not~fy mo.tgayor in w~it~rg of the amount due +~d payabfe hereunder ~nd wch wm shall therwpon b~ dw and
payebM on tl+~ due d~~e af ~he next monthlY WYmeet and exh suocessive monrh ~here•ftier vrril mafp~pe~ shsll nonfy mor~papor of • cha+~p~ ln w~d+
~ amount. -St?ch wrrK shsll be appl~ed by mortgagee toward the p+ymcM of real properry tsxes, insurance prem:umt, and mortyap~ 9uuanfy iotw~nce
~ premivmf.
~ IN TNfSS MMEREOF, the Mid MORTGAGOR has hereunto stf ha hsnd and seal the tiay snd y~a first ~fwesa' ~y`~rC n
3' S~abd ~ • i th~ pr~ of: / ~
fl_
r ~:v..~, n
E ~ x , ~ war ar es ss ~
(~NQ
~i ° • Leah K. Hess ,s.,q
SiATE OF FiORIDA •
~ ' .
COUNTY Of
a.f«. ~~.~«~+ur ~~».?.d Sdward Charles Hess
Le ah IC. He s s hq ,~fe, to ,ne weu krwwn .~a kno~, +o m. +o b.
the individwb desaibed in and who ~x~cuted ths for inst acknowkdped b~fon rn~ that tF~r ~x~cwed tht wra for ths purpw~s
rherfin ~xpnssed. Md tM s~id ~ s$
w;fe M~ Bdward Charles _ Hess „P,,, ,,.R„n. ,~,d P,;,,,~
examin~tion by nw Nke~ sepN~ta and apart from hsr said husba+~d, adcnowrl:dped to and befw~ me th~t she executed said instrwnsnt fr~ely ~nd volun~
rar~~y and without u~y comp~lsio~, oonstraiM, appr~h~raio~, a f~ar of a from hat s~id iw~band. ~~ff~~~_>`
WITNE55 my lwnd and official ~ea) r ~y ~ t ber +.-fi~.~~i: _ .
.
~j ~ . ,
~ f lE0 AMD RECO ~d mmission ~s: tM Sta» of: ~•N~i~l,~~;h ;
8~. WC~E cOUNTr 1.~.
' ROCER POITRAS y Notar~? <<.• , ~ ~:.it-~-"*
Re?urn Ta CLERK CtRCUIT COUAT ~y ,
First F~dKal Ssrirgs a lo~n At~ociation . tr nnR Yf NIFIEO ~
Of Fort P~erce. ~ , o`~.'i ,
P,~~e, f~~~ OcT 21 3 v2 PM'11 38234 . ~ ~ -:,Y~ . . :
9 ~ ~ ~
~I
• ' ~'+~~~i~~~.:
' •~~~~~'*i~^~~~~, . ~ 1
This Instrument Prepared By G~Y R• 8~1~~~ • K
Fi~st Federal Savings b loan Association
of Fort Pierce
Fort Pierce, florida 33450
. , ,
Checked By ~
_ sF~t~s•.
- - ~ootc~~~ ~ 3~7 ~p
_ Yt .
:
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