HomeMy WebLinkAbout0704 1. Te pl~a +nd contin~ou~ly kNp on ~h~ build~np~ now a Mr~~hM WwN or ~aW lu~d Md on ~It puipnan~ a?d pMwn~lly cova~d bp this morp~
p~ wilh ~U p~w~hrens ~Mnon pa~d in full, t~~~ imuru~c~ in tM uawl Nandud pol~ fa+A, in ~~wn ~PProwd by tM MORiGAGEE. ~~d wii~dN,am
Mww~na M Mw u~w) u~.d P~KY form. in •~wn approwd by tM INORTW?GEE. M wcb ooinp~ny a ca^P~i+iM a tM MORTGAGEE ~*~1?
~r~d~ w+d ~U fw and wind~w~m inwr+na PdKin on ~ny of Mi+ a?ildie~b M~Y M~M~MI tlN~~if~ O~ pN1 1hN~0}, in tM +ypr~9+t~ we? ~faNaW o~
M acaM N+awl. ~A+11 ca+tNn tM v~wl s~a+dard nar~papN dauw a wch otMr clwN a ~M Mat9+pN m+Y rpuir~. m~kjnp tM low wida s~~d OdF
dw ~+d~ and wKY. Wr~bt~ w wid MORTGAGEE a iM intHHt m~y pp~a?. ~nd ~acA «+d ~wry wch policy ~II b~ WomWh u~•pn~d ~nd d~livK~d ~o
~np h~W by wid MORTGAGEf q funhK s~twity to uid mortpap~ d~W. a~d. ew Iw tMn t~n (~0) d~y~ M+ advsnu ot tM ~apt~~tan o1 ~ad~ policy, to dr
liwr ~o wid MORTGAGEE • n.~w~l rMreol. top~~l+K wi~A ~ r~pt fa th~ pnmiwn oi wch nnewd~ u~d ~M~~ ~Mtl b~ no fu~ o? wtnd~ram Inwr~na
p1~ an ~ny of uld buttd~np~, ~ny iorKNt tM.~~n w pK~ tl»nof, {MI~N If1 tIN F01111 NNI w;~h tM Iws p~Y+bl~ a~ •fa~a~d~ ~nd In tM ~wn? ~nr ~wn
d n~p~y ~canM p~yaW~ u~ia N,ch policy o~ polKiy ~aid MORTGAGEE ~hall Mw tM option ro r~w ~nd ~pply tM sw~w a+ Kcoun~ ol tM i~~d~bt.d
iw~a Ncw~d Mnbp a q pNn?it said MORTGAGORS ro reuiv~ ~~d ~N h a•ny put tMreof tw o~her purpo~N. wi~hov~ the.ebr waiving or unpair-
Mq ~r putty. INn a ripM urdM a by virfw of tlw mortpp~r Md G+ tM ~vMt N~d MORTG/?GORS sMll fw ~ny roawn i~il to kNp ~M uid pnmi~ ~o
Yuw~d, a tall q d~livtr promptly any of uid policiq of irow~nu ro s~td MORTGAGEE. a fail prompHy to pay fully ~ny p.~miw++ tMrefor a in anY
n~p~ct btl b pNforn~, dixMrq~. ~x~cut~. ~fhct, con?pl~t~. camply wi~h and ~bid~ by tI+M~ covNUnt, a~ny pan Mrwf. aid MORTGAGEE m+y plap ~nd
Wy for wd+ Inwr~na w w~y pah tMrwf wirl+ouf w~hr~np a~ff~ctinp +nY op~an. It~n. W~+~ty, a ripht undN a by virtw of ~hN Monpps. u~d tF~e
fuN «eount of ~ad~ ~nd ~wry wd~ p+ymM?? ~lull b~ imn»di~»ly dw a~+d p~y~bb ~d ~A+11 b~a. IntK~s~ hom th~ dat~ t1+Nwt until p~W N tl+~ rat~ ot.
nM» pa pntwn pM amum aid ?opHhsr wMh tuch in:NH/ ~IMII b~ NCt?f!d by fIN IiM Of IAi1 T~Of1~~Qs.
1. To pKmi~ oowrnh ar wffa no wut~. knwwma+t w d~~~.ior~tion o( uid P?~b a+~Y P+~ ~herwf.
S. To pnr ~I~ w~d ~lnp~la? th~ cwn. cha.pes u~d ~apenN~. includ'oq • r~awnabl~ ~ttan~y'~ te~ a+d coi~a oi ~bstr~cn of titls. irKVn~d a p~id N
any M~n~ by uid MORTGAGEE. b.cws~ or in tl+. ~v.er of ~M i•~Iw~ on ~M pa~ of ~M ~aid MOR?GIIGOR ro du1y. Pra,nPdy M+d fu11y p~rfona. d~ah+roR
~:~cvh„ ~ff~ct. oompl~». aomplr with and ab;d~ by Nch ~nd ~wry tF~ st?pvl~tiorr„ apr«nNn». oondition, and oow~wnn of ~aid p~omiuory non ~nd thi~
^qrqp~ ++hr or ~itMr. and sud ooaN. cMrpe~ ~nd ~:p~ns~s. Ncl~ and ~wry, sMll b~ imm~di~qly dw ~nd payabl~s wMtMr w nw tM.~ b~ notiu d~ .
m~nd, atl~mpt fo aotMcl a wit p~nd'inpj and tlw fv11 ~rnwint of Nth and rwry wch paym~nt sMll bNr iM~.~a~ from ~M dat~ tht~wf umil paid ~t th~
nt~ of nirr per cMtwn pM annum~ and dl ~aid co~n, cMrye~ ~nd axpen~s incwr~d a paW. top~tMr w~th such MtKpt. ~hall b~ s~nd !?y tM li~n of tlw
mappa
6. ilwt in ti» w~nt of wiy br~~ch of this Morty~p~ w d~f~ul~ on Nr put of tlw MORTGAGOR, a(b) in th~ ~wM ~ny of w~d wms of mo+ny
hw~M r~fM~d to be nw pranptly ~nd futly p~id w~th~n thirty (30) daya i+s:t afts~ th~ s~ Nw~ally b~cam dw and payabl~. witl+ow d~ena~+d w eotie~.
a(c,) tn tM w~m ~~d+ ud ~wry tM sfipulatloes, ~gr~nn, co~Qitwns u+d aov~u~n of sa~d p~aniuory noq ~nd th~ narpa~ any w ~iM~r u~ na
iuly. pr¢re~lY and fully p~rfam~d, discharpad, ~xecur~d, effected, canpltt~d, con+pli~d with and ~b~dsd '~y, tMn in ~itMr w~ny ~uch ~wr?t tM aid ~g
a.~,~. w,,, ,~em;o,+.d ~.,w ao~..o.y not~ tMn nmaie?inp w?aaid. with If1fKNt acawd, a+d all ma~eya wew~d Mr~by, sh~ll baonr dw ~nd pap
aW~ kwtMvith, a tMrNAa, n tlw opreon of a~~d MORTGAGEE, u fully and canpbr~ly n ii •II of ~M wid wms of mon~y wa~ aginallr ~tipul~ted
b b~ pud an wch day. ~nythiny in iaid p~om~s~ory note or in thls Mwtype to tM conuary notwitMundinp; ~nd ~h~rwpon w thert~hM ~t tM option of
wid MORTGAGEE, withovl no~ic~ w d~m~nd. ~uit at iiw or in puity, tha~for~ a tMre~hN b~pun, rtiay be prowcuted p if ~11 mon~y~ s~cw~d hKeby
IMd mah?t~d pr'Wr b it~ InttitutiOn.
7. TMt in the ~wnt tMt ~t tM b~yinninp of or ~t ~~y tim~ pendirq ~ny wit upon thi~ MwtpaQ~, o? w fa~clw~ It, or ro nMnn N, w to a~twa
p~ynwN of a~y d~ims I+Mwe~r, wid MORTGAGEE shall apply to tM Cowt Mvinp iuri~dietion tMr~of fw tM ~ppo~ntm~nl of ~ Ree~iwr, wch Cou~t sMll
(o~thwMh ~pppint • naiv~r p1 ~aid nwrfpaa~d property dt ~nd ~inpular, includ~np ol ~nd sinpul~r tl» intom~. profi», iuw~ ~nd nv~nw~ from wlut~v~r
~wwa dNiv~d, ~ad~ ~nd w~ry oi whceh, it b~inp ~xpr~uly ved~raood. is Mr~by enwt9~p~d a if ap~eifie~lly wt forth ~nd dKCrib~d in tM pr~ntinp and
h~b~nduen dauw~ Mnof. ~nd wch Rtc~ivM sMll h~ve •11 tM broad ~nd ~ff~criv~ funct~ons ~nd porvNa in snywi~ ~ntrwttd by ~ Court to ~ Rec~iva. ~nd
wch ~ppotnfnKm ~lull p~ nwd~ by wch Cowt h~n adn?in~d eqviry and ~ m~na of ~dsolur~ rgh~ ro s~id MORTGAGEE, ~nd witAout r~f~r~np ~o tM
sd~qu~cy or kwd~qwcy of tM v~lw of tM p.op~.ty mo.ty~p~d w ro tM w~v~ncy or inwtv~ncy of s~id MORTGAGOR or tM d~f~~m, and that s~ch
nntt„ profiy, Y~ow++~. iwwa u+d rwMw~ ~lull b~ ~pplNd by such R~uiwr ~ocordinp ro tM INn w puity of wId MORTGAGEE ad tM prKtia of wch
Courl.
To dulp, praepry .nd fully p.?fa~n, discharp.: ex.cvr•. .ff.cL compl•a, compt~ with ~~d abidi by wd~ u+d w~y M+~ alp~?t.~ion., p..a~w~+n,
aondNlens ~nd oov~nb fn s~id promtawry not~ u+d ~hu matpap~ Nt fwth.
9. iAN In Nw w~ tM owmnMp d tM rnortyap~d pr~rniws. w aeqr p~rt tF~~of. Meomp wst~d te ~ pawn otM~ tMn th~ MORTGAGOR. th~
MORTGAGEQ 11i MrcpNO~s ind ~aipro, n+~y, withour notiu to the MORTGAOR. d~al wifh ~uch wcc~uor or wa~uw in int~rNf with nfu~na ro this
enorpp~ ~nd tl» d~b~Mr~bp s~aw~d in tM s~ manner ~s with Mwtppor witFww In ~ny w~y viti~tlnp a dheFurpiep tM Morlp~pora' Ii~Wlity I»rr
und~r o? upon N» d~M h~nby wcw~d. No s~l~ of tM prNni~ Mreby n+onp~p~d and no fab~ar~np on th~ pn of tM Al10RTGAGEE or le~ woo~uas
or Msipti ~nd ea ~a~~ton of tM tin» fa th~ p~yen~nt of tM d~M Mnby s~ew~d plwn bp tM NIORTGAGEE a ib woonwn a a~iprr, aMll op~r~»
10 rN~M~, dydyrp~, nwdify d+~np~ o~ affKt tM oripinat liability of tM NWRTCsAGOR hudn, NtINr in whol~ Ot In pvt.
1Q It Is sp~eiflully prNd that tfm~ b of /M eu~e+ee of thb aomr~et ~~d tMt no w~lw~ of ~e~r obllp~t~on hKw~~ or of tM obliy~tion w~
arwd Iw~by ~MN ~t Hyr tbw ~Mnah~r b~ MW td b~ ~ w~ivN of rM tw~na Mrwf w of tM krtrw+wro Ncw~ Mrby.
i~ ~dd'ition to fM forpo:np rnp+th~Y WY~+~~ of pin~ p+l uid fntatat ~.~,s..d M rn. P.om~,.o.r ~o~. .~cw.d t»..by, mo.~.~o. oow~.on
Md pr~u ro pay w rtwrtypN with ~aeh monrhlr p~rrr~nt an ~dd~riorul swn Ntimat~d by n+o~tp+pN ro b~ ~qu~l a 1/12 of tM ~erwd eost of tM fdlow-
~
A-AN rNl popMy t~xe~ bvied a assns~d apairut r!?~ ~bow dncrib~d n~l ~pm.
6-Pr~miwra on fa~ ae+d windstwm insur~nu h~roin rpu~red to b~ urried a+ the i~nprov~m«+» s~n,+t~ on tM abov~ d~xr~b~d pr~nis~s. ~
C-piN++iunr on wth. mortp~ yuu+nty imu~~nc~ as mwtpsQt~ ~hall from t~me ro ~~m~ ds~m fh ro c~rry on rM loan ~ecured Mrtby.
MorppN ~MII fran tim~ to tirrw norify mwt9apor in vwit~np of tM u~+ounr dw aeid p~y~bb Iwr~under ~nd ~uth wm sMll tMrwpon b~ dw ~nd
pay~bb on th~ due dne of ti+~ r~xt monthtY paYm~m •nd ~ach svcctuiw month tF~en~h~r until ~natq~ys~ sMll notity mortpyw of • ch~np~ tn wch
~mpuN. Such suem shall b~ ~ppli~d by mortpaye~ toward tM p~yma+t of r~al prop~rty t~xy, inwrsnu premiwns. ~nd mortyp~ pwranry irwx~e?es
I prNnlums.
IN WIINESS -WMEREOF, N» uid MORTGAGOR hn herwnto Mt his Mnd ~nd Nal tM day «+d y~ar fint ~forp~Id.
5ipmd, Swbd u~d d~iiwnd In th~ pr~s~nc~ of: ~
p fIlEO AMO RECOROEO ' Ze eric n er ~
ST.IUC~E COUNtIf FU. ~ q
ROCf ~ P~ItRAS •
r~ ccR ~1:CUIT COURt 4Y ~ ~~'~n
_ - ~erri L. Carp nter ,~4
;-r
STATE OF flOR10A ~~`~'~1 IQ ~H ~77 ' "t'~t' ~
st. ~u~~e [~~r~.6 11 -
couNTM oF - ~ ~
~f~ ~ i~ Frederick L. Carpent~ci~ ' ' F'r~ =
pMW11~ y~~~ _ ~ w s FT Q1d
Terri L. Carpenter ~,i,,~;,=,o ~i n k~ew~ r+e~k~ a m. w b.
tM Indlvldwb dMCiib~d {n u+d who ~~c~tW~d th~ for~poinp butrurmnt. ~nd ~dctwwl~dp~d b~fon en~ th~t=thy?:~ Il~i~~to?.-1M pwpo~w
r . S. 0 :
~.y,,,~„N,d, ~„d n,...~~ Terri L. CarDenter . • ~
~ ,F,~ ~ . Rrederick L. Car er~er . : •y' ~
ucNntn~rion by nw t~4~n wp~r~t~ ~nd ~put horn Mr Nid Iw~band, acknowl~dpd w~nd b~fon nr Mtl ~M ~~ia~`~fiwly ~nd vol~nr
t~rU~r and•witFiovt ~nY oornp~Iston, oorornlnb ~PPnh~rnioe, or hu of w fran h~r Nid Iwubw+d. E~~~U~qq~~+t~
wrtNESS my tund «,d oHld.t ..d r~• lst d.~, o{ December '4 ~ ~ p. ~9 77'
~
~ No1~ tublk M nd for th~ St~q. of florfd~ at L~rp~
Mr Ncplna
~ R~twn Ta
WN fdMd Swlnp~ i lwn l4wcistion
Of Forf ii~rc~.
Fort Ptira, ibrlda
x ~~m'"'ssio~s
f ~ A°"d' t~.
h.~.r y ~p?es ~t
"`.,t.. 3~• 19dp
~ '
; This Initrument Prepared By Rick Teet s
~ Fint F~d~ral Savinqs b losn Assaistion
~ of Fo~t Pierce
' ' Fo~t Piera, Florids 33450
~ Checked By BOGK ~ ~ U PAGE ~ VrtJ
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