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HomeMy WebLinkAbout0859 Te pt~a M+d conMewowlY kNp on tM build:nps now or Mr~~fl« ~itwb or said bnd ~nd on ~II puipmM a~d p~ra+~ally w~r~nd bY ~A4 warl¢ rrM ~II pnnawM t1~~a? p~~d in lull, fa~ in~w~nc~ in ~M uswl s~andwd pol'~ fwin, M• w~ WP~~ by ~M MORiGAGEE. apd wie~~am MwMia M~ wwl s~~nd~.d potKy forn4 b• svm ~pprowd by tM MORTGAGEE. M+ wtA oon~pany w oorwpu~i~ M tM MORTGAGEE ~y ~ncb «+d ~II M M+d w~nd?wrm auwu~u PdKi~s on ~ey o1 sNd bwWinp~, aey in~Nt tlw~~in o~ p+~t ~M~wf. in tM apprp~b wA~ ~fa~id a M~ 11~w1. ~11 oont~in tM wual qandud mortpapN clwN a wth otMr clwN N 1M MortpapN nwy rtq~?K~. rn+?in0 tir Iw~ w~ w~d pol~ ciM,'~ Md WY~bN w Nid MORTGAGEE ~f ~n t~~..ear ~„a~ a~..r. and .acl~ .~d ~r«v wd~ va~cy .h.u b. wo~w~~y .u:9~.d .r~d d.a~...d a~`~.+ ayr h~W by ~sid IIRORiGAGEE M fw~h.r ,.awitp ro s.W mo~tpap~ d~W. uid~ na I~ ~hw+ ~a+ l10) d.ys in .dv.na ol ~h. .rpi+•tion of .ad~ vo~~h?, a d.~ IIvM b wid MO~TGAGEE • r«rwal thawf. rop~riwr with • r~pip~ for tM pr~niwe oi wd~ ~~wdt ~nd ~Mr~ ahall bt ro f'u~ a wir~~arn in~wMCa o{~pd an ~r o1 s~id butldinp~. ~r Inarat tM~~~n a part tiw~ol. w+INS M 1M /onn and with IM los~ p~Yab4 as ~fwNald~ ~nd tn ~M ~wnt u+r ~ww of ~y ~eoon~ pnrael~ w+dK wch poUcY a Volici~s wid MORIGAGEE ~Aall 1»w tM eP?ion w r~c~iw and ~pply tM wm~ on ~caow~t of N~ M~btsd~ ~ Na,nd Mr~ a b pKn+i~ wid JMORTGI?GORS ro neeiw ~nd uN N p a~ part tMreof fw olher pu?pos~s, w~thout thereb/ waivinp a unpain .rr• Mq ~Y ~b. Wn a ripht und~r o~ by virtw o1 tl~it mort~ap~1 ~nd in tM ~wnt Nid MORTGAGORS sMll fa Y1y fNiOf1 ~N) 10 IINP tM Mid ~MAi~M W~r Nww~ei, a fal) b ddivK prornptlp ~ny of sa~d Policies of irawanu b Nid MORTGAGEE. or fai! promptly to p~y tvtly ~ny p?emiwn tl+a~fw a M~nr n~p~ct fad b p~r~anti dbdwpe. ~a~cur~. ~ffM, aanPl~t~. oomPM with w~d ~bid~ by this cwrk+am, a~~y pu~ Mr~of, ~aid MORTGAGEE m~y plaoe ~nd! ~ pry fa wd~ kawa+o~ a M+p part H~~of without wdvinp a ~ft~ctinp anp cMion. INn. M~?ity. w ripht w~d~r a by vinw of ~hts Mortp+p~. M+d tM ~ iutl ~mowr d Mch and twry such WYmNM ~MII b~ immdi~qlp dw aid qr~bN and ~MII b~a G»NNf fran th~ d~b tlw~~of uMil p~id ~t ~h~ r~N oi aiNUw~ pa +n~+m ~nd fo9trht? with weh ieit~nst ~hall b~ Neutd bY tM litn of thi~ matpp~. • 1. To p~r~N. oo~nlt a wff~? no waab. MoWkmt~t a d~ta~or~Yan d s~id propwtp ot anr pM thenof. S. Te p~y all and sM+p~lar th~ coats. cAu~e~ ~nd ~aP«+sh. indudinp a~w~on~bb ~nwneY'~ iN and cos» of abstncts of tM1~. lncwnd w paid ~t ~n~r Mn~e bp wid MORTGJ?GEE, b~cww or in ~M ~wm of ~h~ lailun on tM w~+ of tM ~aid MORtGAGOR w duy. P?omPty ~nd fvlly pKiam. d~scA+r9~t : ~a~am~. dhct. aanPMN~. oomplr w~th wd ab~d~ by ~ach and ~vMi.tlr ~tipuluiaa. ~pr~~M. coedit~orr. ~nd aowtints d wid pomiswry noh ~nd t1w ; nwrlp+Y~ +~ryr a~itM~. ~nd w~d oat~. durpN and ~:p~+?ses. Nc!? and ~wry. sl»II b~ imnrdiat~ly dw ~nd pay~Wer ~wh~tMr a na tMr~ b~ nwia dr + ww~q, ~»e~,p~ b oo1{Kj ar wit ~dirgi ~nd th~ futl Mnou~t of ~ach and ewrY wch WYn~eM sh+ll b~ar int~r~~ fran ~M d~t~ tl+~reof w~til paid at tM raee oi ~ p~. creNwn pM anrnunt and NI wid oost~, charpes and ~apH+s„ incwr~d a paid. fop~tl~ with wch M+Nr~at. ~MN b~ wcw~d by th~ lirn of tha ~b~ b. Tlwl W in tM w~nt of airyr br~ach of this Mon~~ a d~fault on th~ p~rt of tM MORTGAGOR. a(b) in tM ~wrN ~ny of sa~d swns of mawy Mnin nfard w b~ not prompN +od fully p~id within thirty C.lO) days i?ext aftN ~h~ sanK s~,rMdly aconw dw ~nd payaW~. wl~how danand a notic~, w W in the rwm ~ad~ ~nd ~wry tlK stipul~rio% +pr~ee~ts. conQitiora ~od covMw+a of s+~d pon+iuwy no~~ and tlws mor~pp~ ~ny a~iNw an nw iu11r. Pranprb +^d fulh P~rforn~l. discMrp~d. ~xecuted, ~ffected, comPla~d, compli~d wirh uid abid~d by. ~Mn k~ ~itiwr a~ny such w~nr t1» said aP Orp~» wm m~nria»d in s~id pomisw~y not~ tMn r~ininp w~vid, wiM im~reit acuwd. ~nd all mo~rys s~cw~d Mreby. ~hall Moom~ dw and WY- ~bb fo~flwhh, a? NwrMitN. N tM option of ~id MORTGAGEE, as tvih a~d ao~~•b a M•11 of tM ssid wms of ~ewn~y w~n aip'.ndly a~~pulued w b~ paid on wd~ d~y. +~rthinD In ~a~d pran+'~uory not~ or M+ ih~s Mapp• ro ~M comr.ry nawi~M~«+d~npj and thK~vpon a tht~~ah~r ~t tM op~ion of wid MORTGAGEE. witM~t naia o~ d~rn+ed, wit at I~w or in puih?, therafon a Ma~ahK bpun, mar b~ prw~cut~d a if ~ll moM„ Nwnd Iw~by Md nwArnd priw to ib Inatitution. • 7. TMt in tl» ~v~nt thal ~t the bpGvrnp of w~t any tim~ p~ndinp any wit upon this Matyap~. or w fweclw~ M. a to hfa~n~ M, a 1o u~fora pywwy d any d~iim hsr~w~d~r, wid MORTGAGEE shall apply to th~ Co~rt Mvinp iurud~ction tMr~of fw tM ~ppointn~M of ~ R~caivs~. wd~ Cowt ~hall fptl1w11I1 /ppOi~M ~~KfivM Of NiA nWttQ~Q~ WOp~?tY ~II M~ tin~vlN. indudu~p NI ~nd sinpvlar tM incort~e. Wofits. i~ ae~d nvlnw~ from whaNvK wtwq d~riwd. ~atli aid ~very of which. H b~inp ~xpreuly ~n+d~rttood. b F+Keby enwpaped N if sp~cifiutly Nt lorth and d~Ktibd fn the pr~ntirq and A~~dun~ cl~s Iw~of, and wd+ Rec~ivN aMll hav~ dl tM b.oad and eH~criw funn~ons ~nd powen in aeywu~ a~tnraNd b~r ~ Cowt ~o • Raaiwr. ~nd wth ~pppinpn~p ~11 yr ~d~ by wth Cow~ p ~n ~dinitted equity u+d ~ nattN of ~bsolut~ ripht b Ntd IWORTGAGEE, and without hfN~na w tM ~d~qu~cyr a Mwd~q~r+cY ot tFr valw of tM W~h~ ~9~ w fo the sohnncY a i~wlv~ncy of Nid MORTGIIGOR a tM d~f~nd~nfs. ~nd Ms1 such nn~a„ profip. Moonw. iw~~s and nwnua ~11 b~ ~pplid by wch R~uivK accordinp to tM li~n a pviry of wW MORTCsAGEE and ti~ pnctia d wch Cowf. ' . to duly. P~Mh ~ fi+~ P~~ ~x~euq. ~f(~et, eoMPl~b, aomplY wHh ad ~bid~ by Nch ~nd wwY tM stlputalion~, pn~n~wN~. oo~foes ~nd aar~ww in wid pron?Iswry noa aed ~hi~ mwryaq~ Nt forth. • 9. ?hM N fM w«M tiw own~nhtp of fh~ morppd pr~enaa, a ~mr p~rt tMr~of, b~oo~n~s w~»d In • q.wn aM. tMn th~ MORTGAGOR. th~ MIOrfG~tsEE. N~ woo~on and aMipir, m+Y, witlavt no~iu to tM MORTGAOR. d~al with such auocNwr or wae~wr in int~nsf with nfN~no~ ro tha nwrqp~ ~nd ~M d~M h~r~by Ma+r~d in fM ~am~ manr~ aa with Mortp~pa without In r?y w~y vhi~tlnp w d'ncMryi^0 tM Mortppon' U~WUty Iw? unda a upon N~ d~b~ Mnbq Na+nd. No s+l~ of tM pr~mhe~ Mr~bY n+orq~p~d ~nd no forbwr~na en th~ pKt of th~ MORTGACEE a IM woas~wa or ~Mlpir M~d no ~xlNrlo~ d th~ Hn» fw tM paym~nt of tM d~bt Mnbr iKw~d Olwn by th~ AIWRTG/IGEE a Hs woonan or assipn~, iMll pp~r~N b nN~, drelw'~,. ~wdlfy d~np~ a~ff~et t!~ wlp~nal liabiliry oi flw MORTGAGO~ iwniq~ ~Itl~ in wFwb er In. part. 10. h M ~p~elAnlll? a~Md ~Iwt tkn~ N o1 tM eu~ne~ of thia ooerwet ~nd that no walwr d Wry? ob~t~tion hww~dM a of th~ ob1lp~Non ar ound hr+bp ~hd~ N~ny Nnw tMrwh~r b~ htld w bt ~ w~ir~? of th~ t~tnw Mtwf w of ~M k~dnxrNro s~wnd hKby. 11. In .d~~bn ro N+. fw.po:rq mon~hly WYm.^n of Prin~ p.l ~nd Mt...~t nquu.d by rM pron?~awry ~+on ~ecw.d M..by. ma~9.por wvM.^b ~nd apr«s to p~y to nartpapN with ~ach monthlY p~Ym~nt ~n ~dd~tion~l sum e~timaqd by nartppN fo b~ pud b 1/12 of tM aerwal cost of th~ fdlow- I ~ A-/UI r~al p~apMty taxn Iwi~d e? a~esud ~ya~mt th~ ~bov~ dac~ibad rNt ~stat~. ~ Hr«niun~ on fin and wie~tam imw~nei a~ i?KO~n rpu'u~d ro b~ curi~d on tM i~nprown»Ma titwt~ on tM ~bow dew~d pr~~s. C-?neniwrr on wch monop~ ~wra+tY inwr~nc~ aa mwtpp~e sMll from t~rn~ to t~n~t d~«n fM to urry on the lo~n secwrd Mnby. AAorqpM ah~U from tim~ to t~nw ~otify monyapw in wrh~ny of riw amount dw ~nd p~yabb lwrwnd~r a+d wch wm sh~ll tl+Kwpon b~ dw ~nd payabl~ on tk~ dw dat~ of t!w m~et rnonthlY paYment ~nd esch wcces~lv~ enonth tM~e~ha until mortqap~~ ~hall notify mortya9w of a cMnp~ in avch ae+oun~. S~d~ sunr ~hall lo~ ~pplwd bY mort9+yee toward tFw p~yrrwm of nal prop~rty ta~ees, inwnna prem:ums. ~nd mortp+p~ pwr+^h irowana prMni~~ns. " ~ IN YVITNESS WMEREOF, tM wid MORiGAGOR ha~ hKwmo wr his h~nd ~+d nal th~ diy fint ~fwa~id. . Stpiwd, Swbd and ddlwnd In tM pru~ of: ` ~v ~T++-,...-,~~ ~ James L. McBri e - ~ - - {5~.4 Vi ginia G. Mc Bz ide ~~~Q sr~rE oa ~ courrtr of ~ntt.c ~~~~~r James L. Mc Br ide ~ V rginia G.McBrz e_ ~~~~~~~~k~~~~~~~ th. aid~vWwM drw~b.d tn .nd who .~c~cv+.d rl+. fo..~oU~p ~n.trun.M. .nd .cl~nowt~dp.d b.tor~ nN M.t th.r ~c.ad.d 1M ..nM fo. th~ purpwM ~Iw~in ~~pr~wd, ~y,d ~M u~a ViY~inia G_ Mcgride ~ _ wlh d tM ~Nd Tzm_S. M~-Ar i dp „ ~ipon • Np~r~N and ph~b < nuw~InNb~ by n» qk~n NpwN~ ~nd ~pM hon+ hK wW hwb~nd. ~ckrwwbdp~d b n+d b~for~ n» tMt ~M ~~uail~d wid Mqrvm~et frMlp rnd rohMr wiy? ~nd witAo~A ~np aon~prNlon, aorotr~int. ~ppnh~nsion, or h~r of or han Mr Nld Iw~bM~d. ~ w~ttiE3S ~r Inna «+d oMcW ..d thl`_ •ti- d.p D r A. 0. 19 77 ~ ~ ~ i ~ , r~~,...:.., . ~ ?IIED ANO RECORD. Plobry hblk N~nd fa tM SI~N a t.r~ ST. lUC1E COUMTtl FtA ~ = ` ; • - ' . - ~ Nh? ' ~ ..v~..~ : ~.l'1 ~ .Mli~w i~: ~ : ROCER POITRAS ~ prR b~?~t fj,rfr,p~ i!M~ tiwcl,t;cn CLE4X CI~CUIt COU4T ~ , , :I:::If{E~ ~ ~ , Of .i6n fit~,, ~ - DEC 1T I so PN'77 3t~38653 ~ f ss3~~~ - ~ : ~ This Instrum~nt Preparsd By Richard K.Kayes . ~ First Fed~rsl Savin~a 6 losn Associstion of Fort Pierq Fo~t Pisra, Florida 33450 3 ~ Checfc~d By ~ ~ ~ . bp ~ ~ • ~ ~ doac 279 P~ 85~3 ~ ~