HomeMy WebLinkAbout0542 To pl~a and continuw~~ly kNp on ~M buitd~nq~ now a Iw~~frN ~itu~b or ta7d l~nd ~nd m~q pu~jxn~nt N+d pMton~lly cov~r~d bY thN ~wr~¢
p~, wiM dl pNniueM IMr~on p~~d ~n ivil, iu~ u~sur~nc~ u~ iinr vwa0 itii.i::3 ~.:.7::i far:n, 3n • tsK+ l~owd Ay ?1w p1pRTGAGEE, ~nd ~r~nd?tonw
Mrw~nce in tM wwl ~~u+dad po~~cy fam, in ~ wn+ ~ppov~d by th~ MORTGAGEE, tn wcA comp~ny or ~p N N~ MORiGAGEE wwr
~r'~ctt a~d ~!1 /k~ and wind~rorm ~:uur~na pol~ci~~ on ~ny o/ Nid buitd~npt, a+y M~a„~ ~Mr~in a part ~M~~oi, ;n th~ pqrp~h w~w a+a~wid a
In ~soas tMr~oi. ~lyll con~ain 1M u~wl ~tandud ma~pa~ clavN a ~uch o~Aa dauw ~s th~ Mweya~» enay..pr"u~, n?s?ip tM bw wda sud pWi~ .
tiM. Mch N+d ~wry. Wvab~ a aid NWRTGAGFf as ~H 1nrNe~t eMy ~ppw. and NcA ~nd ~v~.y wch po~~cY s~++ll b~ proenprty ~N.yn~d M+d d~1ivK~d b
Mr IwW by wid MORTGAGEE q f~r~h~~ Kcyrity to ~aid mwtyap~ dtbl. snd, not I~s~ ti»n qn (10) days in adv~nc~ O~ tM ~spi~~tiOn Of Ntl~ pOiKy. b d~- '
Itvw lo uid MORTGAGEE • ~~e+~wal tMrw/, ~op~rhK wi~h • r«•~p~ tw fM p..miwn of ~vd+ r~Mw~l; ~nd tMn sivU b~ no fin o. wind~~an+ imwu~t~
pl+c~d oA any o1 s~fd bvildtnpf, any int~r~s1 thsr~~n a part tMreof. ~nl~q in ~FK form ~nd with ~M lo~~ p~yabl~ p•fw~~aid; ~nd i~ tiw ~wM ~ny win '
of ~noe~Y b~canN p~y~W~ w~d~~ sucl+ PdkY a po~KNi wid MORIGAGEE d~all Mw rM op~~on w nuiw ~nd apply tM wn~ on ~ of Me ad~bred~
n~a s~cu~~d Mr~by or ~o pK~ni~ Nid MpRTGAGOpS ro ~~uiv~ ~nd us~ i~ w any parf ~hereof fa o?her purpo*~s, w~+ho.,r ~I,r.•br wsiv~~+y a unpair-
~+~1i ~9~Y. iw~ a rip~?1 wrwr ae by v:~~w at tKit s:;r::~a: ar~ ~ s~.r a.-s~t ~s:3 !.`:vR*a.~~-Nt5 ~11 to~ .~r r..~n t~ii 1o k~ea eM ~a~d pr~niNS w
Inwnd,- o~ iall b d~livN promptly ~ny oi iaid policies of inwr~nc~ to t~~d MORiGAGFE. ,or lail promptly to pay fully My p~n,~wn t1~~fp a in any
rMp~c~ fall q pMforn~, diuharp~, ~x~cut~. ~ff~ct. conpl~t~, complY with ~nd ~b~d~ by ~his cov~n~n~. a~ny pu~ ha~of, a~~d MpRiGAGEE w~ay piaa ~~d
ar fo. sucA tmw~na a a~y part tMr~of w~~hout w~iv~rq or ~ff~ctinp anY oDtia+. ~(~n. ~4~~~Y, o~ ~pA? u~+d~. a by vN~w of rhF~ 1WOrrppe. ~nd rl+e
fuH an~ount of ~ach and w«y aucl? p~ym~nf ~hall b~ i~nn»dwtNy dw ~nd p~y~bl~ and ~MII b~ar int~rN~ f.an tM daa Hw~of un~il paid a ehe raM M
nirr q. pnrwn pM ~ewwm ~nd to9~iA~r wi?h ~uch i~tcrQ~t ?MII b~ secund by tM lis~ of tAia mortp~.
1. To p~rnrt, awm~it or wff~r no wast~. impairment a d~taior~tion of s~~d prop~rtY or ~ny paf tMr~ol.
S. To p~y ~11 ~nd ~k+pviar the cwq. cha.ph ~++d ~xpe~~e~, inctudir?p ~ r~+wnable ~nor~sy i/s~ and cwrs of ~b~tr~ctt o~ titl~ incwnd a paid N
~r+y tM~e br aaid MORTGAGEE, b~us~ a in th~ ~~~n~ of ~M f~~lu~~ on th~ p~rt of ~M uid MORTGACsOR w duty, proenpry ~nd h?Ily p~.forn~, dwcAu~
~x~. ~ff~n. wn~pkt~. COfAPN WItA ~i~ Ily ~K~f and ~VMy fM ~tip~t~o~q„ prc~ntt. conditioM, ~nd cow~n of s~id pan~swry not~ ~nd rha
'^a~Y+Y~ MY o? ~irl~. a~d s~id oosn, chu~M ~nd e:pens~~. ~~ch and wsry. ~MII b~ i~nmedi~t~ly dw ~nd {»y~e: wherlw w na M~r~ b~ naio~ d?
nw~d, atteenpt ro cdlM a wit p~ndiny: u~d ~h~ fu11 ~mou~t of each ~nd wKy wch payn»nt sMl~ b~a. inr~na~ fran tlw dae~ tlw~ot w~t~ p~;d ~t Me ~
r~r~ of nin~ pK c~ntwn pw +nnumJ u~d ~11 said cosn. cM,fles and ~xp~nuf ~ncuned or paid. ~opether w~~A wch inNrat sMl1 b~ ucw~d by N» li~n of Mw
^~Q~D~•
6. Th~t in tM ~wnt of ~ey br~ach of thu Mor~9p~ or d~f~ult on tlr p~A of tM 1NORTGAGOR, w(b) n~ tl+~ rvs.M ~ny o1 w;d ~rny ai nwnry
~+.r.r~ .•~..~.d ~o b. ~o+ p.«~~i~ ~nd fulty p~id wiihin th~rty (901 dayt ntat afte? the ~~mt Nwratly b~com~ dv~ and payable. wa?w,n danw~d or naic~.
or W b th~ wem *+ch ~nd ~wry th~ atiqrl~tia+s. ~9ree~nMb. conditiona ~nd coven~nq ol ~a~d panisswti noN w~d th:s nwrqap~ anr a~+M~r ~ no1
lub, prompNy ~nd fu1~Y W?formad. d~sclwr~ed. ~xecv~ed. ~ffeacd. comPk~ed, compG~d wi~A and ~b~dsd Sy. thu~ in ef~he~ w~mr uKh ~w~a th~ s~~d ~g
pre~t~ wm m~ntiaNd in sild promiuory nott then ~~ma:n'ap vnpaid, witA int~r~~t ~cuuad, ~nd all ma?~ys s~tw~d Irr~by. ~Iylt p~cpM dw ~nd p~y.
~DM IOffAMIItI1~ Of tlft[NftN. ~t th~ opt~on oi sa~d MORTGAGEE, fully ~nd canpb~~Iy it •11 of tM s~id ~w~r of w~wyy ,r~r~ eriqi~yyy sr;p„iated
a b~ paid on wch day. anythinp i~ ia~d promiuory note w i~ thia Mortysy~ ro rh~ conerary nonwHMr~ncGnp: and tha~u~wn a thsrtafw M» op~~on o4
taid AAORTGAGEE, witlw~~ norin or demand. ~vit a~ I~w a in puiy. ~hereton a tMreaft~r bpun. may bt proa~tvbd N If sM ~oews s~aK~d Iw~by
Md rtNtur~d prqr lo ifs iMitution. -
7. Th~t in tM wMt th~t ~t th~ b~yinni~p of or ~t ~~y tirtw pcndinp ~~ryr suit ~pon rhia AAorrgp~, or to foredow i~ a p refpw ly a b Mfo+p
WYn»M d any dairrq Mrwnde?, Nid MORTGAGEE ~MII apply to tM Court Mvinp juritdittion therwf fw th~ ~ppoine~nt pf ~ Rtpi~rtt, wd~ Cowt ~M11
(o~thwFth ~ppoinl • r~piwr of ~aid mwtpap~d propeny atl ~nd ~irgutar. inclvd~np ~11 ~nd tu+yul~r tiN ;ncp,n~~ profifs ~ and ~v~~ f~pw M,MM„~~
wu.o~ dKiwd. ~ach ~nd ~wry of wh/ch, 8 bei+,p eap.~ulr und~n~ood, a Mr~by morrpped a if ~p![iIK~IIy MI fW1A M1d ~Kf~d L~ NM ~MfIf10 M~
Mb~nd~Mn clwNS Iw~of. and ~uch Rec~iva ilull Mw alt tM b?o~d ~nd effscfiw funa~au and pow~rs in a~ywiu em~usqd by ~ Court b~ R~wivw. ~nd
wth ~ppolnten~nt ~MII !i~ m~d~ by wth Cowt ~s an admined pvity ~nd ~ m~~?~r o( ~bsolut~ ~iqAt ro wId MOR/GAGEE. ~nd widiour nl~rrna b M+~
~d~qi+~cy ar M~d~awey of tM v~lw o4 fh~ propaep moNOp~d or fo tA~ aonr~ncy or ;nsolr~ncy of uid MORTGAGOR or t!r d~fa~ ard Nwt wch
r~. profia. Mwan~. iuvN ~nd rw~nws ~hall 6~ ~ppli~d by ~uch R~uiwr ~ccordinp to tM 1'»n a puiry of ~aid NWRTGIIGEE ~nd th~ p~ctic~ d srd~
GoueL
To dvy. panpNy ~nd fulty pKform. di~chiry~. e:ecut~. ~ffect, compl~t~, comply with ~nd ~bid~ by ~ad~ ~nd
ca+dklom w! co+ranam~ :n aid pron+iawy eat~ ~nd thi~ mo.rpag~ wt fo.th. ~+~Y N~ ~~Yf+~•
9. ?hat In tM weM tM own~rahip of ~I» mortyptd premis~~. a~ey pan th~r~of. [»c«n~~ w~t~d h• perwn oNw M~n Hr MORTGAGOR. Nn
MOR'iGAGEE. 1~ iva~aon and uapns, rrwy, wirl,ow no~ice to tM MORTGAOR, d~al with ~uch succ~swr or wa~saw ;n ;n~u~sr .,,;rA r~f~,a,p p M?s
n+ortpap~ ~nd tM d~bt Mr~by sKVr~d in th~ s~ m~nner with Mottopp withoW tn ~ny w~y viti~tMq p diKha~qinp tlN ~ort~~ppn• wbility hny.
und~r a upoe tM d~M Mr~by s~cw~d. No ut~ of rh~ pre~ni~ h~r~by monyap~d Md no fabwr~no~ en tM prf of Mr MORTGAGEE or ib woc~swn
a Malpns ~nd no ~zt~lon ot th~ timt fw tM payment of tM d~bt Mnby wcvr~d 91wn by tM MORTGAGEE a iti waoN~ors or ~;pn~ ~ op~ra»
w nl~w~, d'acMrp~, enodify ehanp~ ar ~ff~ct rh~ wq~n~l IFab~l~ry of tM MORTGAGOR Mretn. ~itA~r in wlqi~ or In prt.
10. M f~ tp~cif(utly ~preed tMt tkn~ h of tM eswnc~ of thy contr~cr ~nd th~t no vwtvw o/ eny oblipyiqn hrwMdr a of 1M obllp~tbn ~r
w..d M..by ~MII .r .ny Nm~ rMr.aNa b. MId ro b~ ~ wuv~r of TM e.rn,a Mrwf p of tM Inaruen~M New~d Iwby.
I1. In ~itlon to fM fwpanp n,onrhly wrm.ms of prinCpd ~~d int~?~~t rp~i~~d by th~ promiuwy not~ secur~d Iw~b~r. nwr~ppor ~ov~n~
u+d pr..~ ro pay ro monpp.. wi~h ~~ch mon~hlY p.rm.nr ~n ~dd~rion~l ~um ~~tim~t~d by mwtpape~ M b~ pu~1 b 1/12 of tM ~nwal oop of tIK fallow-
b+C:
A-All r~d prop~rly t~xM (~vi~d or ~ue~sed ~ainft the ~bove d~uribed ~e~l en~u.
a-Pr~miums o~ fir~ ~nd windatorm iruuranu n herci~ requ;red to b~ urried on the ienprowm~nta i~tv~te on N?~ ~bov~ de~crib~d p~~
C-Pr~mium~ on wch morfpp~ pwranty inwranc~ n mur9~gee ahatt f.om r~me ro time deHn fit to cury on rhe ban secvred lyreby.
AAorr~pk ~hal! iroer~ ttm~ to t~m~ rrorify mortp~por in writinp of tM amount du~ and p~y~bl~ 1»rwnder and wd? wrn ~Fy1~ tlw~upon 6~ dw ~nd
p~y~bl~ on tht dw dst~ of th~ n~xt momMY p~Yme~t ~nd e~ch succes~iv~ month there~ftsr until mwty~yee shall notify mwtyagor of a cMeg~ in wch .
•mOVr1i. .~K~ 1~wils ii iii irir sMy::Gv j-.v::~3yCt :....t•L~ :1•~ =..ws=wa t.i ~•ntirtY e~~rr4. inWrlrK! OfM1.YM1~. aAd_ RWItQ~~ ~~an/y py~KY1Cr
pr~rniVero. - ' - _
IN WRNESS WHEREOF, tM uid MORTGAGOR h~~ herwnto set hi~ h~nd ~nd ksl tM d~y a+d fint orp~' .
Stpi»d. SNbd u+d ddiv~r~d In tM pr~nu of:
~
~ ~ ~[~7E ~ fU ~ • a k . ,
- it~Cf R PORR~S ~ ~ -
_ r.~Es?K C~~?cu~j T ~
~ . - f-.,..~~~~1 e ~o
_ ~
sr~r~ oF Fcoaro~ ~~EC 5 IO 33 AN'~~ ~~~~.7
~p~~ ~ St . Luc i e
8.fw• m. P.rw„auy •~....d Iarlc ~ Marg an ,~,d
+faxine L. Morgan k„~,~ a rw. a b.
M» Indfrldwb dMCrib~d In ~nd who ~aaut~d th~ for~?irg Irutr t, ~nd ~eknowi~dp~d b~fon reN tha~ th~r ~x~put~ ~yp~ ~y ~~N
M+.r.w~ .xp..N.d. Md M» .a ?Naxine L~~organ
wff• of rl» wM Jack 1-• Moraan
ax~namtion by nN t~k~+ wp~nts snd •p.h fran Fur uid husband. ~duwwl~dp~d b~nd b~fon n» tMt sM ~~cvhd ai~i~Y~pf
I~rlly r+d winc~vr ~ny compubfon, wmtnint. ~PPnh~ ~jfur of w from Mr aId husb~d. . 7, _ •
wRNESS my h~nd and offki.l wl rhk d,y ~ ?Vov e r _ . ~ J =~T :
A.-A 19
~ " "-E'~Y O f,l~-t~• -
~ry Publk In for th~ StN~ ef =
My Coenmwioe ~xp(r~ . , _ .
R~tvrn Ta. . .
Mf f~nl Swlnp~ i lwn Aswcl~tion . . .
Of fOrf Pi~rc~. . r ~
• !-.:Fa1 ~:NCac. ~t~te of Fkr;:'a rt ls:ge
Fon vt~.u, fro.+a. ~.t~ Ca~iszi-~n Eip"ues Dcc. 13. 1980
MM.~ ~r ~s...u, a cu..., :..w••,
Thi• Initrument Prepsred By Joseph L. Waits O
fir:t Fed~r~l 5avin~a 6 loan Association ~
of Fon Pieru ~q
Fort Pisrte, Florida 33450
BGGK~~ p~~ 5~'}
Checked By
. . ~ .