HomeMy WebLinkAbout0338 To pl~ .nd conrim,ovalr k~.p on iM bu~;ddnpt ~ow or har~~hK ~~1wN or said ~d ~~d o~ ~11 pu~pm~M ~nd pasor?~Ity cov~r~d br thit nqrt~
p~, wilh NI p~w~iwns tha~on pa~d i~ full, tir~ lnivr~nca ~n tM utwl ~perlsrd poliq iaen, b•~wn ~pprowd ~y th~ MORTGAGEE, ~nd w~bnn
krw«+q M Me wwl i~~nd+rd pol`c~r forni, in ~~um ~pprov~d by ~M MQRTGAGEE, in wcA comp~nr a canpu+ia a tM MORTGAGEE inay
dle+ctt ~nd ~11 tin ~nd wind~~wn~ inwrana ptilicw~ on ~ny of Nid buildiep~, ~ny in/Np1 th~r~Fn o~ part tAK~o/. in th~ apprp~u wen ~fwwW w
In ~+cow tM+~oi. ~trl1 oonl~in H+~ tisu~l st~nd~rd ma~pp~ clauN o~ wcl+ o~Mr t~WN fM M0~10pN Tiy ~puw~, m~Yiry IM Iws v~ ~ad pol4
dM. Mch ~nd ~v~.y. paYabb a aid MORTGAGEE in ina.est maY ~pp~ar. ~nd aycA ~nd ~v~ry ~uch po~~cY ~hail b~ prompdy ua•pn~d ~nd d~livN~d ro
.rhr hNd by wid IYWRiGAGEE a fw~M~ a~cwiry ~o uid r.+o~t~p~ d~W. Md, not bw than qn II01 d~y~ in advana ol ~M ~xpiratan of ~~ch policy. ~o dF .
liwr b wW MORTGAGEE • r~wal ?Mr~of. ~op~~M. wirA ~ r~ct~p1 fa tM pnenium of ~vch ~~ewwd~ ~nd ~Mr~ ~MII b~ no fir~ o. wtnd~~a~n liuwa~c~
plaad an ~ry? of said bviWinp~ ~ny IntKpt thN~~n a psrt tMr~of, vel~u i~ Nw Mrm ~rd w~~h eM bu p.~~bi. as •fw•~aidj ind M tM ~v~nt ~ny wes
o! rrwn~y b~ca+w~ p~raW~ wida wch polky w polki~s s~id MpRTGAGEE ~hall Mw rM opt~on w..~«~. .,~d .~ry r~,. o~ a d+. ~+d.e~.~.
nw ~w~d Iw~~ or ~o pKenH Nid MpRTGAGORS ~o rec~iw ~nd uw it a•ny parf tMreof (a o~i+e~ purposa. wc~hour the.ebi waivi.~q o. +mpa;,-
MfQ ~11r pYitY I~11 Of t~I1t iM~f 01 by ViIlty O~ tI?{~ RfOIlQ~~~ M~ 1e1 tll~ ~vMt N~d MORTGAGORS ~hall ta ~oy r~awn b{I to kNp ~M a~d p.Mnisn so ~
fnsw~d, o? fail to d~livN pranptly ~ny of t~id polKies oi imvr~nc~ ro~akl MORTGAGEE, or l~il promptly to pay fully ~ny prtmivm tMttfw or in ~ny
r~ap~ct f~il to pMfwn~, d'iulyrp~, u~cur~, ~N~ct. compl~t~, oompty wi?h u~d ~bid~ by th~~ cov~nam, w~ny part her~oi, sa~d MORTGAGEE may p~~ and
P+Y ~~+~CS o~ M+Y P~„ tMr~o( witlaut wsivinp or atftctirq ~ny optan. tl~e~, puiry. or riyh~ undN a by virtw of this Mwpp~. and tM
fvll a~nanw of ~acA and ~vwy wch p~yn~nt ~1ult b~ ~mm~di~tely dw ~nd. p~Y~bN and ~MII b~u inter~u fran tM dat~ rbe~~of vnt11 paid ~f t!» af~ of -
nin~ pN pnf~x~ p~t arwwm u+d toyether with such intereat slull b~ Kcwed by tM li~n of this mortpay~,
r. To qrmib ymmit or wff~? ~o wa~h, impa'umN?r a d~~aar~ran of s~~d prop~.ry or any put theraof.
S. to p~y ~11 and afnpul~. tM co~tt, charpes ~nd exp~e~w~. ~ndudinp • ~~~son~bb ~trorn~y's fee and cosr~ of ~bsrr~cn of titl~, incun~d o~ p~id ~f ,
any tMvw b~r wid MORTGAGEE, b~uuw w in tM ~vent of tt+i? fsilw~ on tM put of tM uid MORTGAGOR w duly, pranptiy w+d ivlly pafarny dacha~,
~:KUN. ~flw. canpbr~ oomplp with and ~b~d~ by ~ach ~nd evKy tM si~pulanom, pr~r,Ma„ condi~iona, u~d cov~nn of atid promiswry rvot~ ~nd ~Ai~
^+«pq~ ~^Y w~itMr. N~ Nil~ COiM. Ch~f~N ~nd ~:pense~. ~ach +nd wKY, ahall b~ imrnedi~~~lY dw ~nd pay~btr, wiwtMr w eat tM~~ b~ e+o?ic~ df
n++~d. ~fMmpf to coN~cf or wif p~.~d7nQj ~nd rh~ full ~nwunl oi ~aeh ~nd wery f~ch p~ymtnf aMll b~ar int~r~~f f~om tM d~te rh~rwf uMil p~id ~f the ~
r~re of niry p~r ant~m pN ~n,wm: ~nd •11 uid cosis, charges and ~~cpenks in~urrsd o~ paid. ~opethe~ w~~h wch intN~sb ~MII b~ ~ecv~~d by th~ li~n of tha •
morrpp~-
6. Th~t in tM ~vent of iny brtsch of th~a Mort~aq~ or dsfault on th~ p+rt of t1~s MORiGAGOR, or (b) in th~ ~wM ~ny of u~d sums of mon~y
M?~in ref~rr~d to b~ not pomptiy and tully paid w~~hin th~rty (3p) day~ next aft~ the a~m~ pverally become dut ~nd pay~bl~, witho~~ dlfMfld 01 1q~ICf.
w(c) i~? th~ went each +nd ~very th~ stipul~tion~. a9reemenn. condi~ions ~nd cown~nn o/ said promiuory nots +nd th~s mwtQape any w~ith~r ~r~ no1
iuly, proinptly ud fully pKform~l, ducMryed. ~xecuted. ~ifected. compl~t~d, compt~ed with and abidtd by. tMn in either a any ~uch ~wM 1M s~id ~g
prpat~ wm n~+tion~d in uid promesapy not~ fl,~n rKnaininp unpaid. with intsr~st acuwd, and all mor?~ys ucu~~d hero~Y. ~hafl b~oonN dw ~nd pay~
~bls Mrthwirh. w thtr~~ft~r, at eFw option of uid MORTGAGEE, u fully ~nd cpnpl~~ety if all oi ~M u~d sums of mon~y we.~ wgin~lly atipul~red
ro b~ pa~d on suc6 d~y, a~ythinp in ~a~d prom~ssory ~ore a in thh Mwtp~ to tM eonrrary norwi~h~tandinp; snd ~he~wpon a tMr~aha~ tM oprtoe~ of
asid MOR?GAGEE, witfwut no~ip or d~mand, wit ~f i~w w in puiry, therefw~ or thsreahN bpun, nwy be p?wecvf~d u if dl mon~~n ~r~d he~~by
hat! ~Ntu/~d pqr to it~ (Mtitution.
7. ?Mt in Mr w~nt th~+ ~t rM b~qinntny of w~t ~ny tim~ pendinp ~ny suil ~pon thh Mwtyay~, w to fweelow N, or fo nfwm lt, w to ~e?fwp
pay~M of any d~i~ lw~wnder, ~aid ANpRTGAGFE ~1+aI1 ~pply to fM Covn Mvi~p jurisd~cr~on rhe.wf for rM appantm~n? of ~ Rec~iwr, wd? Cour~ sl+~ll
ForthwMh ~ppoint ~ ne~iw~ of safd mortpay~d properry ~II and ~inyular. includmq ~11 and Nn~YIN ~M incom~. profitf. 4~ws ~nd nwewes fran wMtw~~
wwa deriwd. ~ad+ ~nd wery of whKh, i~ beinp exprHSly ue?dauood. i~ Mr~bY ~~9+9~d ~1 spaificdfy s~t fath and de~trib~d in tM 9r~ntinq ~nd
1++budu~n dan~ hawf, and ~uch Rsc~ivM alull h~r~ ~11 tM brwd ~nd ~ffectiv~ funct~on~ and powen i~ ~nywit~ entruited by • Cow~ ro~ Rec.iv.~, ~nd
such ~ppotntnkm ~hatl b~ m~d~ by ~ud, Coun ~n ~dmirred equity ~~d ~ n»nN of ~bwlun riyh~ to ~aid MpRTGAGEE~ ~nd w;~how nfer~np fo tiy
~d~quacy a{nad~qwcy of tM vdw of tl+~ p.opNry monpaped or to the wtv~ncy w inw~v~ncy of .•~d MoRrGwGOR a N+s def~nd~nn. ~nd ~lut iuch
r~n4. pofits, M+oo~rm, iww~ ~nd` rw~nws ~II b~ ~ppl~~d by aucA R~c~iv~r ~ccord~rq to tM li~n or puity of ~aid MpRTGAGEE ~nd th~ p~ctic~ ol svcA
Cowt.
t. to duly. wo~wrN .~+d f~iy p..ton++, diuh+~p~, ex~cu», ~Nect. compl~t~, oomply with ~nd ~bid~ by wch ~r?d ~vtry tM stlPu~+lioni. ap?~nb.
oondkfons and oov~ewn» in ~aid praniuwy nor~ ~nd th~~ monpy~ wf fw~h.
9. ihM M t!N weM tM owrwnhip of th~ mortqsyed p~em;~. w any pan ti+erwf, b~cornes vN»d tn • p~na+ otMr tMn th~ MORTGA(`sOR, th~
AIIORTGAGEE, IM weawors and ~u~pm, may, wirhoui norice to tM MORTGAOR, de~l with ~uch succ~awr or succ~uo. in inr~n~t wirh nfK~np w tha
morfQap~ ~d tM d~b hKSbr wcvrM in tM ~~m~ m~nner with Mwtpapor wiMovt tn ~~y w~y vinaUnp a d~~cMrqkq tM Mw~9pon~ 14btlity h~.~
vnd~r a upon tM A~b~ h~r~by s~cvr~d_ No ~al~ of the pr~mi~ IKr~by moAyp~d ~nd no fab~~r~np en tM.p~n of tM MORTGAGEE a Iri waesw~~
o. asipn~ a+d no ~xt~nsbn of th~ tHn~ fw tlw paym~ne of ~h~ d~br M.eby s~cv,~d ptwn bp tM NIORiGAGEE or in wcquon or ~s~;pM„ tMll op~rat~
ro?M~~w, di~cMrp~, nadify chanp~ a aff~ct th~ ai~~n~l li~b~l~ry of tM MORTGAGOR Mr~fn, ~itMr in wlwl~ a M? p~rf.
10. h b~ftully ~prNd rhat tin» b of tM euence of this connaa ~nd tMe no walvK ot ~ny obUp~Yan hK~unda or oi tFr obl{p~tioe ~
M~ I1M~ ~IMu M My fMeN tMfN~/N ~ MW f0 ~11 • w~jrK oF r!?~ t~rms l+kaof a of t!r lmt.urn~nr s~ew~d Mrby.
1 i. In sddition ro tM fo~po:ny rt~pnthly paYm~m~ of p.ine'pil +fld II~1NNt rptiir~d by th~ promiuory not~ ~eeur~d 1wr~by. mwlpapw cov~nae?h
~nd prws to pa~ to rtanppN w~th ~ach monrhly p~,ym~nt ~n ~dd~rionat sum Nt~m~t~d by nartp~pe~ to b~ pu~l to 1/12 of th~ annwl cat of tM fdlow-
A-Ali r~al propMfy t~x~s (~v~ed or n~sssed againu rhe ~bow d~scrib~d real atat~.
b-Pr~miwrp on fi?~ ~nd wind~twm iniu~anu as he~cin requ~red 1o bt carricd on tM improv~m~nt~ ~ituaM oa rAs ~bova de~aibtd pr~mi~ea.
C-Or~vms on ~uch mwtp~q~ pwr~~ty inwrar.ce u matypee ~hall irom t~rr,~ to time de~m fk ro u?ry on th~ Iw~ secund I+~reby.
Morty~pN ~h~ll from tlme to rime notify mo?tgapo. ~n wririrg of the amount du~ and p~y~bl~ h~rwnder ~nd such wm shall tMn~pon b~ dw ~nd
pay~blr on tF~ dw daf~ of tM n~xt monfhlY p~Yment ~nd euh ~ucceulv~ month therc~h~r until mortp~yet shall notify mortypw of ~ cMnp~ in svth
~n+oum. Such s~xm ~hall b~ ~ppli~d by monpayee rowud tM p~ym~nt of r~~l properry taae~. lnwrnxa prem;~en~. ~nd mortya~e pwranty inwrsnq
p.knlwm. -
~
W WITNESS 1NHEREOF, th~ aid MORTGAGOR hu herwmo sN h4 hand ~nd ~ed tM d~y • y~~r fint ~fa~wid. j,-~ ~
Sfprwd, S~abd u+d d~ll In tM pr~s~nc~ of: _ / ~
FI 0 M!D R~COADEO I
ST~UC~E COUNTY FU q
ROCfR P~~'RAS • ~ r nk W B 1 J ~
r1.F=[ C'i.CUt+' C~U~T ~
_ .~,E~~_ 'l~ ~ n
z~~~;~- n
STATE Of FLORIDA ~Fi Z ~ 3 3a PH Catherine S. Bel l
cout~v oF ' i e
~ ~ ;3883Q4
~a~ ~ ~~i~ ~ Frank ~V. Bell
y pp~and ~
Cat er lne .~3e1 L h~ wff•. k~ow~ .nd krawn to m. to b.
tM IndlvWwb dwulb~d tn ~nd who ~x~cut~d rM fwpoinp trut?um«+t, ~nd ~cknawt~dp~d b~fon ms th~t tMy ~x~cutd tM wrtr !or tM pwpaN
M»..tn .xpn«.d. Md th. s.+~ Catherine S. Bell
w+r. of d+. s.~d F r an k W B e 11 ~,~aTM
•aanlnation by m~ t~lun wp~r~f~ ~nd ~pan from ha said husb~nd, acknovvl~dp~d w and b~Mn n» Nwt ~I» ~a~cut~d s~id hrtrwn~m (rNly M+d volw?
rnily a+d withouf ~ny wmpula(o~. constraiM. ~pp~~h~niion. ar-f~ar of w from Mr wid husb~nd.
WRNESS rny hand s~d oHkf~i Nal thi• 16 d.y ~ ~ecember ~•p. 19 7T
a iuWk In ~nd fbr th~ Sta» of Fbrld~ d l~ep~
R~twn Ta ~ ' ~
flnt F~d~r11 Savkpa i loan Maoti~tion pctaa 71 ~NQC
of Fon P~.c.. Ratx1? Pi,~b1i:. St~te o1 F;
ron Pr..a. Fa.~a, µy ~o,awasioa E~qres Oec. a. 1950
~ iM ~ GMM~I LI~M!~
t
Thi~ Instrument Prepared By Richaxd K.Ka es ::.~~:s~.`~ . ~
First federel Savin~s b toan Aisociation Y , ~
of Fort P+erce ' _ •
Fort Pieros, Floride 33450 • t
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i- ~ „j '
Checked By U R • • ' , r . ~ . .
BOOK ~ ~9 PACE ,~3 ~ y `
J ' i ,i~`_
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