HomeMy WebLinkAbout0857 3. To plac~ aid cont4woualy tep o~ th~ buitd~.~p~ now or Mt~ahM NtwN or ~aid land and m~II puiprt~M ~nA pN1wMIM oorN~d bY ~~M ~~9'
~ wNh ~11 p~ Nw~on p+~d ie fuq, fi~~ lniuru+c~ in ~M wwl ~u~+d.rd potic~l faee. in ~ awe ~ppov~d py ~M MORiGI?t3EE. u~d wirwk~wn~
YwRM~p M tM vwal u~ndad po1k71 fam. i~ ~ w~n ~pprov~d by tM MORTGAGEE. in wcA oanP+^r a oanP+niM N IM MORTGA~3EE nNy
~fK1l ~Ild ~~I~ M1d Will~lOfT {fl1W~Aq ~iCN1 Of1 ~Ily O~ MiII bVildirpf. My MNI~ft iMf~h1 Of p~A IIM~WI~ {11 t~M ~~p~~~ WT ~~Of~M~ a~ d
in ~xaN tAe~wi. ~11 ooma~? ~M wwl uand.~d mor~pa~ dauw a wd? ah« N.w~ a. ~M M«~yp.. nwy rpu'u~. makinp ~M bw unda ~a~! pol{• ~
cfa. Mch ~nd ~wry. WY~bh b~aW MORTGAGfE ~s ~n 1n~Nat m~y app~r. and ~ach ~nd w~~y wch poiKt? sMll b~ WanWM ~.yn~d and dN~vM~d ~o .
~ny h~W by wid MORTGAGEE a~ furth« wewify w said enonp~ d~bb and. nw Iha tMn bn q0) dap in advanu of ~M ~~cpiration ol ~aeh PaK1l. b d?
UvM b wid MORTGAGEE •~er+~wal 1M.w1, top~~hN wi~h ~ r~ce~pt fa tIN pr~mi~wn of wch r~w~lj and N+N~ ~hall b~ no fw~ or wlndNam i~w.~+c~
pl~pd 011 MIy O} M{d bY{Idllp~. My UfiHHt fMf~irl a put th~rwf. w?I~+~ M~M io.n~ u~d with tM bu p~y+bb n~fa~uid~ ~nd In tl+~ ~wnt ~ny swn
of ~npwy b~eornM psraW~ uedK weh polky a pol~ei~s wid MORTGAGEE ~hall h~w tli~ opYan b ~~aiw ~nd ~pply tM s~ on aceou~~ of tM ind~bted~
n~M s~ar~d Mr~ or q pwmil wid MORTGAGORS w nuiw ad uN h w•ny put tlK~eof fo~ orhe~ pu~posn. wi~hout the.eb~ waiviny u~ ~mpair
Inp ~nY puity. li~n a ripl+t ~~e~dw a by virrw of Nw mortpap.s +~+d a+ tM •va+r w1d 1NORTGAGORS d++q fa any ~wwn bil a k..p rM a+~d pr.n+a.s •o
bw?nd, a iail b deliva prompNy u~y of said poliein of inw.ann ro a~id MORTGAGEE, a fail proenptly fo pay fully Mr praniwn thK~fp a U a~y _
~p~ct fNl 1o pnforoL ~rp~. ~x~nn~. ~ffM. canP1N~. oomP~Y wi~A u~d ~Wd~ by ~his oovMan~, a a~y part Mr~of, s+id MORTCAGEE n+~y ptau and, r`
MY fa wd~ M+~wanu w My pift NM?~01 witAou~ wah~inp w ~Hatu+O +~+Y oM~• I~^• ~4~?~b, a riphr vndN a by vi~tw of ~hts M«p+p~. ~e~d tl+e :
ivN amoum of ~acA M+d w~ry ~uch paymen~ ~hall b~ irr~di~aty dw ud payaW~ aod sAall b~ar inqre~~ 6om th~ daq Mawf vntH p~id at tM wq ol
nie» pN pntum pM arwm ~nd top•thu with suth inrerest ~ha11 bt Ntvr~d by rM IiM of this mOrfQp~.
1. To p~rndt, canmit a wffK no wuN ImpaWment w d~t~riwation of said propKtp or antl pMt thn~of. .
S. To p~y all «+d ~Mip~lar th~ ow», charpN and aepK?w~, ~ncl~rd~np a rN~bl~ mwiwy'a he and co~~s of ~b~n~c+s of tltl~. G+cwred w p~id a
~ny tim~ by s~id MORTGAGEE, b~cw+~ a in ~M w~nt of ~M failun on ~M part of ~M uW MORTG/1GOR w duly. prompty w~d fully p~rfwm, dwhar~.
~Y~arr~. ~H~ee, conwlee~. oompiy with aed ~b~d~ by ~ach and ~wry ttr stipulatiaw +p~e~nn. ead'nioro„ ~nd oown~+?a d wid pomiawy noa ~nd thb
inor~pp~ ~nY w~itMr. ~nd sud coats, chuqe~ and ~~cp«+s~s. ~ach and wKy. sh~tl b~ I~di~t~ly dw ~nd pay~bl~s wMtMr a eot tMn b~ notiu d~
nwid, mempt ro cdbct or wi~ p«idinpr ~nd tM full «nount of ~ach ~nd-~wry wd~ paymeM aMll bea. inr~t from tM dat~ tFwrwf until paid ~t Me
rNe of nirw per antwn pN Mwwmj and dl ~afd costs, cMrpei ~nd ~xpen~tt inaxred o~ paid. topMlw with wd~ I~taat, ~MII M saw~d by th~ U~n of tha
nwrtp~Q~-
6. ih~t (a) in fM w~M of any breach of thii Ma~paq~ w d~fwl~ on tM put of ~M MORTGAGOR. a(b) i~+ the ~.nm ~ny of ~a~d wnu of nwn~y
I~In r~far~d le b~ not pranptly ~nd fully paid within th~rty (30) day~ n~a~ ~ha ~M s~me s~vN~tty becom~ dw ~nd p~yabk. withow dsm+nd a notiu.
w(~ M th~ w~m ~ad~ +~+d ~w~y t!» stipul~tions. ~9re~a~M. con~itions ~nd cov~nsnn of s+~d pranisaory not~ ~nd tM mwr0+pe +nY o~ ~itM~ a~ no1
iu1y. prwnptly and fuly pMfwm~d, dachar~d. ~a~cut~d, ~ffected, compkt~d. canpli~d wirh and ~buMd ~r. th~n in ~itMr w u~y a~ch wMl th~ said a~
p?~WN wn+ mtntiawd in s~id promiuary iwt~ ti~ nmairw+p ~opaid, whh inraa~ ~arwd. ~+?d ~II maKys Ncutd Mr~bY. ahall b~oon» dw ~nd WY~
~ torthwMl~, w rMnahe.. a~ tM option of uid MORTGAGEE, u fully ~nd eanpl~ttly h if all of Hn s+id wms of nwewy Wff~ pi~iMllr st~putated
ro b~ paid on wd+ d~~. +eYthb+p in ~a;d pr«nissory rwt~ or in this Mapa~e w th~ conr?ay e~wwirMtandirg: a~ thtrMipon or ther~~ha a~ tM option of
~aid MORiGAGEE, withouf naic~ w d~mand. wit at law or in puity. tMrefa~ o~ tMfeafrK bs9vn, may b~ proNCUbd ss if all moiwy~ Ncw~d twreby
h~d m~tw~d prar to it~ in~titvtion.
7. That in tlw wN+t that at tM bpiro+irg of or ~t ~ny time p~ndinp a+y wit upon this Morty+pe. a b foreclow N. a to hfonn N. a to ~nfora
p~yment of a„r clirra M.~w+d~r. uid MORTGAGEE sh~tt apply to th~ Covn Mvinp jurisdKtan tMrwf tw t!w ~ppointmeiM of a R~ceive~. wd+ Caxt aha11
fOtfAwNh ~ppOinl ~ yqivM Of Hld mOrf~~ p~Opt~ty dl and sinpul~r, intludmp NI a+d ~irgular tM intom~, profits, I~sue~ ~w+d rw~nu~s frpn wM~~vtr
~oura d~riwd. ~acA ~nd way of wh~ch, it beinp ~xprealy ued~ntood. a Iw~by mortyaqed a if ~qc~fiully wt iwth and d~wibd b tl» prw~tinp and
h~b~ndurn c1a~sM Mnof. aid wch Rec~ivN ~MII Mw stl fh~ Moad ~nd ~Hatiw functroM and powsn in anywiw entnnNd by ~ Court fo ~ R~aivw. ~nd
WCA l~OIINIM111 ~I) ~~If~ by f1KI1 GOW1 N M KJTIttld lQYi1y ~nd • m~ttN of abwlun ripht ro uW MORtGAGEE, and wi~AoiA nfw~nc~ to tM
~d~quaey a In~d~qvaey of tM v~lu~ of tf~e property mortp~yed w to tFr~e wtv~e~ey a inwlv~eKy of uid MORTGAGOR a tM d~f~e?d~m~, and Mut sueh
r~nt~, profifs, Inown~, i~~ws and rw~nw~ ~MII b~ ~pplad by wch R~aiv~r ~awdinp to tM li~n a puity of s~id MORTGAGEE ~rd tM practio~ of wch
Coa~ -
~ To duly. o?aTpHY «+d fuly p~rfo.rn, dtxh..p~. .~art•. .H~e+. ooMpl~n, oanply with and ~bW~ by Meh ~nd wKy th~ atpulattoeM. pr~b.
aondttfom and aov~n~nta ln wid pron~bwry nw~ u~d tha marpap~ Nt forth.
' 9. ?Mt In Nr w~ tM owm+ship of tM nwrtpp~d pr~maa. or ~ny pan tMreof, b~oams vNt~d h• p~non othK tMn tM MORTGACiOR. th~
MpR'iGAGEE, lu MrcaNOn and sniprr, nsay. wi~how noriu ro rh~ MORiGAOR, de~l with wch s~raa~o~ a waeswr in int+nst with nfenna w thia
nartOp~ ~nd tM dAN Iwr~by Neur~d In th~ wm manrw a wiM Mortpapor withovt N a+y whr vMinMg w di~dwyieq th~ M~o~ppon' Wbi1Ny h~r~-
rr~ ar epo~n M» d~b~ h~r~by wax~d. No ad~ of tM p~«ni~ Mnby monyp~d ~nd no fwbNnno~ en tM pat of rh~ NWRTGAGEE a lu woo~ors
a wNOns and no uit~bn of N~ Hnw for rM ~ym.n~ of tM d~M M.~bp wan~d ptwe b~r tM MORT~iAGEE w in waa~on or wsipr~, sMll op~a»
a rN.n~, ~sclwp.~, mo~fy shanp. o. .ff.a ~M «ip~nai lisb~hM of rM INORTGAGOR ha.in, ~Nhn N whol. or In pa~.
10. h N~P~dflalh p~Nd. thit tln» it of tM ~uenc~ of Mis co~tnct ~nd th~t no watwr of sny obltprnion Mnw+dw w of th~ obl{pNloo ~r
cvnd IMr~b~r ~hdl ~t anr tlm~ thNUfl~r b~ Mld b b~ a wairK of tM N?ma Mrwf o~ Of th~ krttwnMr Ncs+t~d haby.
t 1. In .dd~~bn ro~h. for.po:np monthfy paYm~nn of princ'p~! uid int~raf rpuird by M. promiswry no~• .ecw.d h.r.by, monp.po. cov.n~nn
N+d apr~ to p~y b ewrtppN with ~~eh monthtY p~Ym~nt ~n sdd~rional wen Ntim~t~d by mortppN ro b~ pvd b 1/12 of tM innwl oat of th~ follow-
A-/llt r~d prapKty taxp Iwi~d a~uets~d apa7raf the ~bov~ dncribed rNl Nut~.
b-P~uniunq on f'p~ snd windttorm insuranu N haan rpu'ued to b~ urrkd on th~ improv~nweM~ sitwM on tM ~bow d~w~d prMniw.
li C-p~Kniuma on such morty~y~ 9uuanty imuru~ as mortyapa ahall from t~m~ ro time ds~m fN ro arry on tM ban iecw~d hK~by.
~ MortppN ~hall fran time to tirrw norify mortypor ~n writ~np of tM ~mount dw and p~yabl~ h~twnder and ~vth wm ~lult thNwpon b~ du~ and
{ payabb on th~ dw dn~ of tM n~xt n+ontl~ly p~Ynwm ~nd ~aeh sueus~iw enonth th~re~hn until enortOpet tMll notify morfp~yor of • eh+~ in sueh
~ ~rno~n+t. Such ~urm ~hall b~ ~ppl~ed by mwtps9ee towud tM p~ymem of nd prop~rty tax~s. inwrana premiwns. ~nd maty+p~ 9uw~my im~xana
~ pr~'^It~ns• ~
IN WITNESS WHEREOf, tM wid MORTGAGOR hN herweto ~et h4 Mnd a~d M+1 th~ d~y yw first ~for
SipeNd, S~abd u~d d~ilvK~d In 1M prM~nt~ ofz
~ 4110i~G0~1~~Y~~A es J lla
' qp~ R ~OItRAS ~
~ ri fp~: t:~:~;t eau~
~D t'/f~ ~ . - n'
STATE Of fLORIDA ~ ~ 1l ~ 44 PN'~7 elores M. allagh
ca,r,n, o~ St. Lucie ~ ~~~65,2 ~
~ • James J. Galla her ~
e ores . a a er
t~I. wfr.. +o v~n.n kno~m .~a k~ww~ a n~. +o b.
1h~ k~vldwM dMCrib~d In ~nd who ~x~c~r~d th~ fapolrp insttw~wnt. ~nd sc*novvbdy~d b~fan n» MN tMy ~x~wwbd th~ ~wn~ fa th~ purpaN
~+.,~n ~,«~.d, ~„d ~ u~d bel ores M_ Gal 7 ag1~Ar
,,,,ff. Nb James J. Ga1laQher , opp, .,.p,,.t. a,e p.h,.e.
~a«nMNtla1 bq nw t~kan Np~rN~ ~nd apan from hK wtd hwba+d, aduwwl~dp~d b~nd b~ton mi tMf sM ~x~eut~d uW Msfrwe»M ftNlr ~nd volur~
t~rtyr ~nd wNAout ~nY canP~?I~lon. caahdnt. ~PPr a iw of a fran hK Nfd
WITNESS m~r Mnd a~0 offidd wN d~ih ~ d,,, ecember A, D. 19 7?
x
~ Noary Publk In N+d fa tM Sub of Horld~ ~t t~r~
Mp CommiNfon ~xPY~a
RNvrn Toi
Hnt f~d Swfnp~ i Lo~n A~wclation hotary Pu`~ic. State o( ~lo~ida at large •'t~. .
Oi Fort Vi~ra. -
iort Ptera. Fbrlda A:Y ~EpS11T~SS430 Expues Se~t. l8. 148) ' .
F:~t~~ it Ar~`c1~ i.o i C~~.abr Lc~rasf
~ ~ ' G
~ This Instrument Prepared By Richard K. Kayes
~ First Fsd~nl Savin~s 6 Losn Associ~tion
of Fort Pierce
Fon Pi~rts, Florids 33450
~
Checksd By ~
~ b 60 k -
~ . OK IG ~ NACE S~
~ ,
~ . •