HomeMy WebLinkAbout0871 Te pl~ anA oonNM+ou~it~ kNp on th~ buiidi~ now or Mnahw utwk or ~atd bnd uid on dl puiP~+~ ~ OK~~h b1l tAb inor~
pw wiM ~il prMniwM thKwn p~id in ful~ fih imw~nu in ~h~ u~wl a~wdMd pot~cy lam. N~ wn? ~pprowd by tM MORTGAGEE, ~+~d wir~~ons
Mrw~na M Nw wv~l ~tae~rd policp iam. M~ ~ w~n ~pprowd b1l ~M MORTWIGEE. M+ wck oon~P+~Y or canpaewn as ~ M~ MORTGAGEE iw~y
~nd~ ~nd d) fin aid wfnd~w.n~ in~w~na polic~ on ~ny o~ Mid butldie~, ~ InN+at M~.Nn a pw~ tM.wl, in tM pO.p~N wn~ ~fa~wid ~r s
Y~ ~taM IMrwf. sMll contaN ~M wwl u~ndvd mwq~~ dw» ot wd~ WI~ da~ a~ Map+qM may rpvin. ~kinp ~M Iw~ w~ s~id piE
cIM. MtA M~d w~y. WYaW~ b MW MORTWIGEE N in In1Mea/ nNr ~PW~. N+d ~ath ~nd ~wry wtA polic7~ ~MII b~ P~«^P~h awqn~d ~nd d~livK~d t~.
~n~r A~W b~I ~aW MORTGAGEE ~ fwtMr wcwity ro ~aW maqp~ d~bb and, nW i~ th~n qn (10I d+y~ In ~dv+na oi tM ~xplratjon of ~ach pofky. b d~
Ww b uW MORTGAGfE • r~w~l Nw?w(, rop~thK wi~h • r~pipt fot tM pr~nrwn o( such r~w~lj and ~Mn al+all b~ no fin a wk~~an~ Mww~na
P~~ad on «?p o! uid b~Ildlnp~. My int~na tMr~i~ w pan tMnof. vnl~ In tM fonn a~d w~~h ~M lou pay~bl~ a~for~w3d~ ~nd M th~ ~wn1 ~ny w~
of na~wlr broonys p„rabM w~dn wc6 polky a polkiN wid MORTGAGEE ah+ll Mw tM option to ~~cNw and ~pply tM s~ on ~ooow~t d tA~ M~bw~
nNS s~~d hK~b~r a b p~.mi~ wid MORTGAGORS ro~~c~tw ~nd v» h a~ny p~t tM~eoi fw orher pu.pwN, w~~hout Ihsreb~ waivi~q w wnp~iti
b+p any pW1y. N~n a ripAt uedK w by vktw d this mo~rp~p~~ ~nd in th~ ~v~„t Mid MORTG/1GpR5 ~Mll fo~ ~ny nawn (~il ~o kNp fh~ ~aid p~niw~ w'.
kww.d. o~ t.t1 b d.1iYM pfql~tly N1y Of Nid POIKlM of rrawa+u b pid 1NORTG11GfE. a~au p.o~~iy ~o pay fi,Uy .ny p..~,iwn ~ha•fw a In
r~sp~et fNt b PMfa?~L ~chap~. ~xaun. ~ff~ct, sonyal~t~. canPN wi* ~nd ~b~d~ by d+~~ cov~eant, or My pa.~ M~~oi. ~aid MORTW?CsEE n+~Y P~ +^4. r:
WY fa wch kNwM+a a N+y pan tlw~~of wi~t+ow w~lvieq ar ~ff~ctlnp +nY oWbn. it~n, p~ih?. er rlpht wdw or by v1?tw af tA)s Mo.~pap~. ~nd tM •
ivN amov+a of ~ch ~nd wwY ~ Wr~ ~ll b~ u~diat~ly dw ~nd WY~b1~ ~f1d ~lMII bN~ MNNMI f~On1 11N {~q thl~~01 Ynfil p~id N f1M r~b oi f
i1Lf~ pM qMW11 pN ~MNNe~ Md fOpllhN wifh ~uCh InIHHf f1N11 b! Mtw'~ by i~N (iM Of 111i! TOfI~~.
To p~rmit. oon+~~N a wffu no w~~t~. impairn~m w d~t~r~or~tion of uid P~~b «+~Y Mr1 thenof.
S. To p~y dl ~nd ~lnpvlr th~ coaM. char9~s a?d ~Yp~nws. Grctudlnp • r~awnabl~ ~ttorn~y's fe~ .r~d co,n of .bsnac» of r1r1•. M?cun~d w p~td N
sny tMn.by iaid MORTGJ?GEE, baww w in tM ~wnt of tM tailw~ on tM p~t d tA~ ~aid MORTGAGOR a duly, ao~~~r .~+d t~h p..tw~n, d~.ch..~.~
~x~a~M, ~ff~ct. oomplN~. pwnPN with ~r~d abid~ bp ~~ch aid waY ~1» stipul~tiar, pr~oh, oonditto~a. +nd aov~tint~ ot aid praniswry noh ~nd rAb
^~~Y~ ~1? ar N+t~. ~nd wid ooan, ch+rpM and ~xpawi. ~ad~ and wwy, shdl b~ M++nwdiN~b dw and p~r~~Nr wh~r!». or rwt tl~n b~ ~+aio~ d?
in~nd. +tMn~ to oolbet a wk p~e~efinp~ ~nd tM full ~naum of ~ad~ u+d wMy wcA p~rmN+~ aha11 b~a. im~rN~ fran tM daa ~M.wf w+Kt p~W N+~ ~
r~M of n1eN pN c~~lwn pM ~rwwml ~nd all wid. cosh, tMrye~ a~d ~~cpen~y incw~~d or paid. toQ~tAa w~tA sucl~ b?t~rnt, sMll b~ acvr~d b~r fir li~n of t!w
^wrtp~p~„
0. Tl+at in ftw ~we~t of ~ery br~ of this MortQap~ oe d~f~vlt on th~ parl of tM MORTGAGOR. or fb) in ~M ~v~m ~r ol u~d ~wn~ of moe~y
M~sM nfKnd ro b~ nw p~omptly and fvly p~id w~rF~n th~rty t3pf d•ys ~~c~ •fr.. rh. •.m. a.v..auy b.co~+. dw .nd pay,ble. wHhou~ d~nwnd w notiu.
o? M? 1h~ rwnf Nch W+d ewry tl+~ sNpularioia. sy~~~en«+n. conlRtions ~~d eown~nb of sa~d p.aniaory nob u~d t1w nwrrppe ~ny a~iNw ~h na
iuy, prowptl~r ~+d fvlh Pwfonn~ d~++9~d. ~,~~cut~d, ~ff~cted. comPl~t~d. canplHd with und ~bid~d by, ~Iwn in ~nher or ~ny wch wMt tM s~id p~
prW+N w~n nwntiaNd in ~aid pre~miwo~y ewM rlwn nrnaininp vnpa~d, wirh im~.af aeuwd. and ~11 nan~ys Nevnd ha~. ~tl b~aoa» dw and WY~
~bM fortAMrtth, w tMn~fhr. ~t sM opnon ot uid MORTGAGEE, q fully snd con+pbt~ly If ~II of tM s~id ~wm of nwn~r w~r~ o~pindly atipvuted
w b~ p~id on wd~ day. +eYthinp in s~~d p~ani~sory ~ot~ a in thi~ Abrpp~ to tM eom.uy no~w;rhsand;np; ~nd ~h~r~upoe~ w tMnahK a~ tM op~ion of
s~W MORiGAGEE, without naip o. d~m~nd, wit. at I~w w in p~itr, tM~~fon a tlwe~h~r bpun, may b~ prowew~d p if dl enary~ aew~d lw~~by
kid matund pllOr to ib Inaitytipe, •
TMt In th~ w~nf tMt tM bpinninp of w at u~y tim~ p~ndinp ~ny wit upon tha Matpape a to fo?ectw~ h, a ro nfonn M. w to Miwa
payn~eM d w+y d~Yna h~r~w+dM, s~id MORTGAGEE ~MII apply to tM Co~n havinp iurudtetion thK~of fa th~ ~ppoietrn~nt pf ~ RK~VN. weh Courf sMll
MrNwvllh appoMN ~ rso~Tv~r d Nid nar19W~ P+~nY dl and tinpvla. Mtluduq dl ~nd sinqular tM intonw. P~otitf, luuw ~nd rtv~nws f~on~ whaNvN
wvra dniv.d. ..cA and .wry d wl~+ch. n b.inp •xp..ssly unda~tood. h Mr~ nwrtp~9ad a if .p.c~fiuly Nt fonA and dNnibd tn tA. 9..ntinp and
I~abM~dwn dauws Mrwt. w+d ~uch R~c~ivN ~hall I+~w ~II ~M bo~d and ~ff~ctiw fvna~ons ~nd powe~~ in ~nywis~ entrw~~d by ~ Co~rt w~ R~piwi. and
wd~ ~ppoknnweN ~MII b~ nwd~ by weh Court as ~n admitt~d sqviry Md ~ n+~?Nr of ~bw+vt~ ripht 10 ~+id MORiGACsEE. ~nd withoW nfsr~na w tM
~d~quacy a Mwd~qu~cy of tM v~lw of tl» Prop~.b mort~ap~d or to Na ww~ncy or insolvMCy of ~atd MORTGAGOR w tM d~hndw~. a+d rhat such
r~nta. proffM. Inoom~, iww~ w~d rw~nuN ~Aalt b~ ~ppli~d by such R~caiwr ~tcwd~np ro tM li~n a puity oi ~aid N10RTGIlGEE ~nd tM pr~ctic~ of wcA
C.o~Mf. ~
To duhr. P?a^Pfh ~nd fuly pKtonn, discM.~, ~x~a?t~. ~ft~N, oomP{N~, canply wHh and ~bid~ by ~ath a~d ~wry th~ sNpuletfom„ apn~nwnqr
oondNfon~ ~nd oov~Mna ln s~id prandawry not~ and thu mo~tpp~ Nt fo.th.
9. ihn b~h..v.m ~h. wrn.rahip of N+. mo.~yp.d pr.m~s.s. a•r+r p.N Mw.of. b.con»s wsnd 1~ ~ p.non orlwr rh.n M. A~ORTG+RGOR. N~
A10RiGAGEE. Na wccwon a~d asip% may, wirhovt no~ice to tM MORTGAOR, dNl with ~uch wa~ssa or wa~swr in iM~nst with nf~rMp b M~s
'^o'pq~ Md th~ d~b1 haebp NuN~d 4+ th~ ~++n~ m~mw ~s wifh 11Aonp~por withov~ N? ~mr w~y viti~rlnp or d'uch~rpMp tir µatppw~" It~b11Hy lw,~.
undw a u~pon tly d~M Mr~by wcu~ed. No s~l~ of rhe pr~miw~ hsr~dy mo.tQp~d a+d no fwb~ar~nca en th~ p~rt of th~ MOR?W1GfE w N~ wcaswn
or wtp~ ~nd no ~xt~mbn of th~ tinw fw tM payrrKnt of tM d~bt Mr~by s~cw~d 91w~? by tM MpRTGAGEE er its wooawrs a aMll
1o nN~, d'ad+up~. mod'ifY chanp~ ar ~ff~ct tM wiplMl tiab~Iity of tM INORiGAGOR Mr~. ~itlwr in wlwl~ or b part. °~~t~
10. It b sp~cifiuliy prNd that tim~ i~ of ih~ eas~aa of tht~ con~ract Md Mut rw waiw~ of a?r oblip~tion h~rwnd~r or pf tM obl~y~tbn ~
cund Mr~b~? shdl N aryr tfm~ ti~rNhM b~ Mld to waivw ot fM t~rm~ huwf w of th~ Irntrunwnf wcvnd h~rby.
11. In ~dditlon' ro t}r forpo:np n?onthly paYm~nt~ of prie+t pd ~nd int~r~tt hquir~d by IM p~omiuory noh ~eew~d h~r~by mqrtppw eov~rnnM
H+d prMS eo pay to mwtyp~~ with ~ach monthtY parm~nt an ~dd~~ion~l swn ~~timst~d by morr9p~~ ro b~ pval b T/12 of tM annw! oat of th~ foUow-
A-All r~al prop~rty qx~a Iwied a atu~aed ayainat thc abovt d~xribed re~l Nt~t~. ~
6-Prtmiwer on fir~ and wirnlsto~m insw~nu as h~rc~n ?eqv~red ro b~ caried on th~ improv~m~nn fituNe on tM ~bov~ dtwibad pr~enisp.
C-Premi~wm on t~ch mortyp~ pwranry insurance af mwiyapee shatl trom ttme ro rime de~m fH ro carry on the loan aecwed F+rreby.
AilwtyaQM ~hall hom tLr~ !o tirn~ notify mortyipor ~n wrif~np of fM amount dw •nd p~yabl~ Mrwnd~r ~nd such wm ~MII tMrwpoe b~ dw ~nd
pay~bb on tM due dat~ of tM n~at monthlY p~Ym~nt •nd e~ch succefstw montF~ thtre~fter until mafppe~ shall notify mortyapw of a tMerp~ in wcfi
~mo~nt. Svch ~wm ~ha(i b~ ~pplied by morrpapet toward tM p~yentnt of real property t~x~s, i~~ur~np p~em;um~, ~nd mottp+p~ pwr~n~y ieywa~p
PrMnitMa• -
IN WITNESS WNEREOF, tM» uid MORiGAGOR h~s Fitrwnto ~et h4 Mnd ~nd a~l tM d~y ud y~ar firat ~fw~id.
SlprNd, Swl~d u~d ddtvK~d In tM pr~s~na of: ~
~ Bet ."fhomas a sinqle a t
0
c ~ ~ 11.1.C`~ t .
u c . . - _
SfA?E Of fLQR10A ~
St. Lucie ~
courrnr oF
~a,~ ~ p,,,~~~y Betty S. Thomas, a single adult ~
Bunice M. Smith, a sinc~le adult k~ ~ k~aw.~ b n» w b.
tM h+dlvldwa dweribrd In and who ~s~cuad tM forpoinp irutrwnN+t, r+d ~ckno~wbdp~d b~Fon m~ tMt tl~r ~x~cvhd tM wn~ fa th~ pwpo~w
fMnln ~xpr~wd. ypNcfb~C~ar~lc
~~~~i~~~K,~~ ~7~.~iF~.ai~ '~~~~X
~~~A~4~a~4xAKw~d~,~~i~FY.~W~ii X~Ii~RJWG~d.
wttNESS e,y h~nd .nd oHw.~ 19 d,y December ~ o. 19 77
~~~4Y~~~~~~ L~ No1~ry P~blk In M+d fw th~ d Fbrid~ N trpi
1180tR IOITRAs ~ ~,~,y,y~,
R~rwn Ta f>~R f.~qC1~IT GO1~R1 /o • 3 4'~
Mf f~d~r~l Savtnp~ i Loan . Maoct~Ywn " t E 3
of Fon r~.~.. n Rotar~? Pc~S!'x. State o!
Forr vluc~. Ro.td~ tJ _ l 2 f 1 i~~ ~ ~ ~fl^~ tt ,
' ~ ,ras~~ ~a
a
~i 3~. :~u~
Richard K. Kayes
This Instrum~nt Prspared By 3~659 ,
Fint F~f~r~l Savinqa b Losn Assotiation ' ~
of Fort Pi~ra ,
Fort Piero~, Florida 33450 - ~
. • . c:
, ~
Checked By ~ , s ~ z,~_~ _
bp ~ O? ' .
Y ' .
~ _ ` ~ ~ J'~ •I
: ~ ~
'~i
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