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HomeMy WebLinkAbout0310 ~ To pl~a u~d oontinuo~+ly khp on ?Fa buildiops now a M~~~fqr M~w~~ or said I~nd and on ~II aquip~wo~ ~~d p~rwa~lly covk~d M? ~hts mortp~ p~, w+th dl prNniw~u y1~wn p+~d In full, tin insur~nu in tM wwl itudwd policy fam. 4n ~ wm appror~d by ~!w MORTWIGEE. and wir+d~~orm inwr~nq in tM ~wl uandard pot~cy fam. in • wm ~pp~owd by tM 11A~RTGAGEE. In wch company a c«np+niN a tl+~ lNORTGAGEE tnay du~ ~nd ~11 fin ~nd wind~eo~n? i~awu~a poGc~a a?y of s~id build~np~, anr inte.„~ tl+asin w pan th~.~of, In th~ ~preyat~ wm ~faqaid 0~ In ucaa ~herwl. sMll oontafn ~h~ wwl sqridard n+atyapN clwN a wch atw. dwa .s ~M Ma~y.~.. may ~equK~. m+kinp th~ Iw~ u~ ad pdi~. ~ ~ ciN. ~ch and ~wrY. WYabl~ fa s+id MORTGAGEE a ib iroKaq rMy ~ppw. ~+d ~acM~ aod tvery wch polity ~hail b~ promPtly a~qeNd ~nd dNivtnd ro •n~ MW bp Nid N10RTGAGfE aa iv?~ha Ncwity to faid rta.~~ap~ d~bt._~od. no1 I~ss itwn Nn (10) d~ys in ~dvanc~ 01 tM ~xpkNion of ~sch po~kY. 1o d? ~ I~vK b s~W MORTGAGEE a r~wal tMr~of. top~~ha wi~h • ~~uip1 (w tM pnmium of wch r~new+l~ and th~n ~hall b~ no f'u~ a windi~am 4aw+~c~ ptac~d on ~+y of ~aW buildinps. any intarat tMr~ie a pwt thN~af. unlys in tM ione and wi~h ~M loa parabb a ~ta~s~idi and in ?1+~ ~wnt My swn of nwewy baan» p+yabf~ w~da weh polky a polkNs s~kl MORTGAGEE sha11 Mw tM optton ro ~~w and ~ppty tM sam~ on aaoum of th~ Mid~bad' ,xu Ncvnd h~nby w w p~rmit s~W MORTGAGORS to nceiw and va h a~ny part ~hereoi for o~F+er purposes. w~~hout ~hereb~ waivinp a~mpair- inp any pvity. liM~ or ripht wKl~r or by virtu~ o} this mort9aQq and in IM ~v~n1 ~aid MORTC~/1GORS shsll for ~ny rsawn iail ~o lu~p ~M s~id pM?iws a Insw~d. a f~tl fo dtlM. p?anptly My of s~id polici~s of k+wr~nu ro s~id MORTGAGEE, a f~il promptly ~o pay fully ~~y prN++ium th~r~fa a In anr ..ip~ct f~tl a p~riornti dbchu~. ~x~cut~. ~Hsc1, oomPl~t~. aornptY wlth and abid~ by this covM+n~. a any put M.wf, aid MORTGAGEE a+iy plaa ~nd . p~Y {p wch (raur~nn a aoy put ?Iw~of witho~t wahinp a aff~cthp any option, liu?, pvitp. or ripht undN a by virtw of tNs Maq+p~. and the , ~ fvll amouwt of sad~ and wMY WY~^~ ahail b~ iirrrwdi+t~ly dw and p+yabl~ u~d ~l+atl bur inter~st from tlN da?~ ~Mnoi ueNil paid ~t tM r~b ol nin~ p~r antun? p~t anwm ~nd to~tM. witA wch inter~s~ shaU b~ securod by tM IiM of tAi~ morty+~~. I. To pKn~it. oomnit or wffw no wau. Mnp+~rmc~t a dite.ior+~ia? of ~aid propKq? a anr p++t thK~of. ' S. To p~y all and Wnpui~r tM cost~. ch+~ +^d ~xPa~ss, iocivdinp • reaionabb anarwy's fe~ and cosf~ of abstraca ot titt~. L+cvr?~d w paid ~ny tim~ by wid MORTGJIGEE, b~cws~ or in tht ~v~m of iM failur~ on the pan of 1M ~+id MORiGAGOR w duly. prompNy and Evlly p~.form, d+xhu~, ~xecv~~, ~ff~cf. e.a~pl~t~. to~nPh with and ~b~ by t~ch ~nd w~ry th~ st~tiona, iyre~n+~n», oonditiom„ a+d oowr?anta o( sa+d promisw~y oot~ u+d tha morty~ w~y w~itlw~, and wid ~ost+. ch+rpy ~nd exp~nws. ~ach.and wKy, sFwll bt Ntinsdi~telY dw ~nd p+y~bl~t wMtF~ a no1 tMr~ b~ noria d? maod. +nMMM ~o edl~d a wN W^e~^pr u~d ?h~ full ar~wuM of ~ach ~nd w~ry svch Wrnunt shiN b~a. im..nt tran ~he daf~ thuwf vmil p~W +t th~ rare of ~in~ pK untwn per urx~ ~nd all wW costs. chu~ +nd ~xper?ka incurrd or ps~d, toDM!»? w~ti~ such intar~st. ihall b~ Nan~d bfl Mw liai of thi~ mortp~. 6. ih~t M tM twnt of ~ny brtach of this Mat~p~ or d~fw11 on tl+~ pxt of the lMORTGAGOR. w(b) in the ~wnt arry of MM iwes of moe~ty hersin nAn~d w b~ not pranptly and fully paid w;fhin thi~ty (30) d~ys wext ~ftN tM iam~ s~ver~lly bacans d~e and p~yaW~. wi~lwv~ dtmand a notice. . ar (rJ in tM wem Nch ~nd ewry tl+~ sHpvlatiom„ ~~+menb. condirions +~+d cow~ann of s+7d p.omissory n~~ snd th:s matgaq~ +np a~iNw an no1 iuly. PromPtlp ~nd f~lly paform~d, dwcl~ar~sd, ~xacuted. ~ff~dsd, compieted. ca^Pli~d with ~nd abid~d by, tMn in ~i~lwr or aMr wch w~nt tlr s~id ap~ yreyaN win m~ntiomd h s~! pranisiory rat~ then ~anaininp unpa+d. with 111tHq~ KCfINd, NId al! moneys sewred hu~by. sMll b~ow+~ dw and WY able forthwith, or tMreaha, ~t th~ optan of said NkORTGAGEE, ~s fvlly ud compkaly as if •11 of ~M said aums of ma+~r wen w~pin~lly sNpulared ~o be pa;d p~ such d+Y. a~+yMin~ in said promiuory raro or in fhls Mortpsye ro th~ conrrary notwi~ksra~+dirp: and tF+er~vpon a thsreahK a~ the op~~on of wid MORTGAGEE, without notiu a demand, svit a1 law or in p~iry, therefa~ or thareafre~ begun, m+Y be prosec~ted at H ~II maays s~cur~d Mreby had mafyrsd p~'qr to it! IMtitvtiOn. 7. That in th~ went that .t *h. b.gu+n~,p oi o. ar ~nr Pending ~ny wit ~pon thh Mortyap~, or to forecla~ k. a b nform it, w b~r?fora - peyment of ~ery daims hereunde~. said NWRTGAGEE shall apply ro ~he Covn M~iny wr~sdKrion ~herwf ta ~M appo~nda.m of a Rec•iver. such Cowt sMll Forthwith appoint ~ noeiwr of uid mott~apd property dl and sugul~?, includu+p all ~nd sinyula~ tt» inoon». profits, &s~ a+d rtverwes from wh~twa coura daived. txh and ~very of whiclw, N beinp ~xpressty wders~oo~, is h~reby matga9ed a i1 ~pec~fically sN fath and describ~d h tM y~antinp and haba++dwn d~w~s herwf, u~d wd? Reuiv~r sh~ll Mw all ~M bro~d u~d ~ffective funct~a~s a~d powen in +nyw~s. entrwred b~r s Cowf ro~ R~oeive.. ~nd such ~ppointment sha~l be m+d~ by such_Cowt as an admitted equity and a m+tte~ of ~bsolut~ r'ght ro s+id MORTGAGEE, and withart rsfereooe w tM adaq~?~cy w feud~q~scy of tM wlw of the propNty mwtp+9sd w to the sohency or insolvency of said MORTGAGOR a tM d~fendants, aed that wd+ renn, profits, inoam, iuuss ~nd rw~nws sh~H b~ ~ppti~d by such Receiver auwdinp to Nw Iien or puiry of said MORTGAGEE ard th~ pradia ot wch CovA. 8. To d~rly. panptly a~d fully p~rfam, d'acF~a?g~. eaecute, effect, oomplete, complY with ~nd •bid. by e+ch snd wsry th~ srtpvla~io~a~ ay.e.menn. conditans and covsrwnts in said promissory no» ud eba mortyape ~e~ farh. 9. That in tM went the o~wnership of the mortpaged premises. a ar~y parf tFrcreof, becornes vested in • p~non Whar Ma? the MORTGAGOR. th~ MORTGAGEE. Ns wcussoa and ~ugra, m~y, wi~hout notice ro ths MORTGAOR, deal with wcF~ s~e~w~ or wcctswi in interest with refe~enu to this mortyp~ ~nd the debl M+ebp satvred in the same m+~xiu +s wi~h Morrpsgor wirhout in any wsy viti~tiny w d~xhargirg tM Morty~yors' il~bility ir?? under a upon ths d~b~ Fwr~by ~scwed. No ~ak of the premis~s he.ebY ^+«~9+9ed ard no fabeannce on ihe par~ o/ tM MORTGAGEE a Its wae:sas o. ~ssipns and no sxtension of the tims for ths p~yment of tM debt her~by ~acv.ed ~iwn bp tM NIOitTGAGEE or its suca~swn or nsiQns, sl~aU opau~ to rel~as~, dadwrp~ awd'ify chanpe a eHetr the orgi~al liabiliry of ths MORTGAGOR herein, either in whob a h part. 10. h h speaf'Kaly apreed that tim~ h of the euence of thia cont~act ~nd that no w~lwt of aoy obli9aYan Mre~nder ~w of th~ obliWtion s~- cured Fwt~by shall at any timt tha~+tter be held to bs a waiver of the ~trms hereof or o( the iratrument secured herby. 11. In sdd7Yan to the fwego:ng monthlY paY~nentt of princ:pal and imerest requ'ved by tlx p~omissory note secured hereby, mort~spor covanants and aqrees ro pay to mortya9ee w~th exh ma+thly paym~nt an sdd~~ions! sum est~msted by matyapce to be equal to 1/12 of the a~rwal cost of th~ folbw- ;ng; - A-NI real property taxes (evied w suessed aysinst the above described resl estate. B--Premiums on fire snd windstwm inwnnce ss herein requ:red to be carried on the improvemenb sitwte on the above dtwibed premises. , C--prwniums on such mortgaye ~usranry inswsr~ as mortgsgee thsll from Y:me to time deen+ fit to csrry on the loan secwed hereby. Mwtg+~ee sMlf f.om ~irrK ro ruru nWifY mortgagor in wriring of the amount due and pay~bk he.evndsr and wch wm shsll tF~ueupon b~ du~ and payabk on the dve date of the next monthly payment and each succeuive month theresfter until mortqsyee thall notify mortysyw of a tharqe in wch amou~t. Such wms shalt be ~ppl~ed by mwtyspee tow+rd the paymem of real property taxes, insura~ce prem:wns, and mortp+y~ 9uar+My im~r~nce ~ prem'wms. j IN WITNESS WHEREOF, ihe said MORTGAGOR has hereunto ~t his hand and se~l the day ~nd yeu first aiores+id. ~ Siprwd, Swbd and deliwre th~ presa?u of: ~ ~ aa~--I~"D ; Daniel Wr Mark ~.aq n ~Q ` - Wanda L. :Nark STATE QiF FIORIDA ~ St. Lucie ~ courmr oF " befon mt petson~lly appearod Ua n ie 1 W. Ma r k i„d. Wanda L. Mark ba wN.. w m. w.~~.known and known w me to b. the Ir~vidwb d~wib~d in a~d who ~xetvtsd tl~ fore~anp G~strwrwm. ~nd ~duwwledp~d b~fon en~ that they e:~cuted the sarm 4or th~ pwpw~s rt,..eln .xp?as.d. M+d d,e sa~d Wanrla L Mark M„fe ~,b Danie l W Mark , ~pon . s~p~c{t~,.nd p'w.a ex•rrim~tan by me taken wpaat~ ~nd ap~rt f~om 1wr s~id husband. ~duwwl~dped ro+nd b~fore nv that she exea~ed said . , ~~~1Pd ra.~ly and withovt uiy compulsion, oonstr~im, ~ppnfwr?sion w fw of w froen Mr s~id d. i~°~ + a= WITNESS m y hand and official sNl thk d+ p of _ lE AMO REGQ ' ~ ~~~E COUNT Pvblk io ~nd fw.?fN ~jli o1 fJ~W~ it, lai~:«= r-+ RCQf R POI11lAS .,~p;r~ ~ r4 . t ~ ~ • ~1 Rstum Ta. CLfRK CIRCUIT COUp ~ r~ S{~~ ~~f ~ ~ , . 1'/ ' ::'r'- . f~ff1 f~fi~ SiVif1Q{ ~ LOifl AiiOCl~tiOfl e•• `~~-~~Fe . ? . : Of Fort Pierce. ~ V~ ~ Fw r~t'~~;~~~.•'' n~,:~ ' fWt PiQ?G!. F~O/id~ OCT 3 43 PM'~~ ~ h ,r ,,,L 1 .41.-_~„df~ ~~a~ ~ ~f This Instrument Prepared By Don ald Nughe s . First Federal Savings b loan Association of Fort Pierce Fort Pierc~e, Florida 33450 . ~ , Checked By ~ . , ' • _ Q `:-t ~ b ~ ~ ' a~~~~ ~ PACE ~ ~ 1 p _ r__a_~. ~ , _ - ~ - ~ . .v4,~< .e._