HomeMy WebLinkAbout0070 J. To pl~y ~nd coneinvously ks~p on tM bui:d~np~ now or Mr~~t~M ~~wu~ or s~~d land u,d on •11 eq•.,~p~nem •nd perwn~tly cowr~d by ~hi~ mar¢
p~. wi~h ~11 p~miv+m ~Mr~on pald ie? f~ll, Ih~ imur~nc~ m the uw~1 a~ndud pot;ty form. in • sum ~pp~o+~d b~ ~he MOR;GAGEE. and w~nd~wrm
fe+~w~np {n tM wwl ~t~ndud pd~cp tam, in • sum •pp~oY.d by tM MORTG/1GEE, in wcA cwnP+^Y w cu'^P~^'~s +s ~M MORTGAGEE may
dkKy N+d N) 1k~ Md wied~wrm inwr~nc~ pol~cie~ o~ ~ny of ~aid build~np~, a~y int~r~st ~lur~N+ or p~it th~r~o(, in tM •pyreq~~~ ~um ~lo~~~aid or
In ucaa tMr~of. ~MII conuin IM ~twl u~~+dud ma~pap~ cl~ua o~ ~uch o~i?~r ciaus~ tM Mo~~pp~~ may rpu~~~. ~++~kinq tM lou under ~~~d po1F •
ciM. NcA ~nd wKY. p~rabti 10 ~a~d MORTGAGEE +s ~ts int~re~~ m~y ~pp~+~. •nd e~ch ~od w~ry ~uch po~~cy ~hatl b~ promp~ly au.9n~d ~nd d~livtrtd ~s ,
~ny Mld by wid MORiGAGEf a furtMr kcu~ity ~o ~aid ma~p+p~ d~bt, and, no? I~u th~n t~n (101 dayi in ~dwe~c~ oi ~M e~p~~+~+on of ~ach pol~cy, to dr
IivM b Nid MORTGAGFE ~ rtntw~l 1Mrwf, top~th~? with ~ r~t~ipt fw tM p~~+~vin ot ~uch r~n~w~l: and th~r~ ih~ll b~ no fit~ w wi~d~twm in~w~~t~
pl~csd on a~r o~ Nid bu{Idinp~. ~ny {nt~r~p tha~in or p~rt tMrwf, unltu in tM fo?m a+d with tM loi~ p~y~bi~ afwts~id: ~nd in the ~vent ~ny fum
oi mon~y b~con~ p~yaW~ und~~ wch policy a polK~n ~~id MORTGAGEE shatl h~w ~M opt:On f0 tK~ivf and +pply th~ sa~ on +cca+^~ of tlw ind~brad~
MN NCy~~ IfM~by 0~ b p~rm~t a~d MORTGAGORS ~o r~c~iv~ ~nd uN it p•ny parl 1he~eo~ for otne~ pvrposN, witho~t th~•eb~ waiv~n~ ~~mpair-
Inp ~ny p~ity, li~n or ripht ued~r a by vurw of thi~ morepp~~ ~nd in tM ~wnt ~a~d MORTGAGORS sh~ll fa ~ny reawn fail to kt~p tM a~d p?Nncu~ w
inWr~d, w fai) lo d~liwr promplly ~~y of ~aid po~~cief of in~ur~nc~ to said MORTGAGEE, ot faif promptly lo pay fu~ly •ny premium Ihe~efo~ a in •~y
rMp~c~ f~ll b pM(am, dixhupt, ~a~cut~, ~ffM, compl~t~, comply with ~nd abide by th~~ cov~nsnt, a any par~ heieof, said MORiGAGEE m~y place •~d
paY fa such 1nwrM?c~ a~ny pKt tMr~of wirhout w~ivinp w~ffectinp ~ny opt~on. fi~n, equ~ty, or riyht unde~ a bv virtue of ~hi~ Marp~qe. and ~he .
tu~l ~mov~t of ~ad~ ~nd ~vNy ~~ei+ paYr.N++t ~hall b~ imrn~di~e~ly dw •nd pay~b{~ ~nd ~M~I t»a int~r~~t from ~h~ dat~ thereof uroil Faid ~t th~ of
ntrr pK antwn pM uu~um ~nd fopetl+N wi~h ~uch interest fhall b~ ~ecursd by ~M Iten of thi~ mat9s9~. ,
1. To pun+it, ce~wnN w wff~r no wut~, impairment w deter~or~tion of u~d prop~rty or any p~r~ thereof.
S. To pay ~11 ~e~d ~lnpvl~r tM cwb, chuyn ~nd ~xp~n~e~, includirq a r~~son~bl~ ~tforney's fee ~nd cost~ of ~bin~ds of titls, incurred w p~id af
~ny tYe» by ~aid MORTGAGEE, b~eaus~ w in th~ tv~M of th~ f~~lur~ on tM part of ~M said MORTGAGOR ~o duly, p~omptly •nd fully psriorm, d~xharg~.
~s~cut~. ~ff~ct. compht~, oomply w~th ~nd ~b~d~ by ~ach ~nd evay ~1w ~tipul~tron~, prc~mants. cor+di~iau, ~nd co~cn~nn oi Nid p~omissory ~ot~ ~nd ~hii
mwtpp~ ~ny pr ~ithtr. ~nd ~a~d cw?s. charpp and ~ap~mes. ~~ch •nd ~wry. ~hall b~ immedi~tsty dw and pay~blr, whe~he~ w not tAN~ b~ notice ds
~nw+d, ~tNmp1 ?o coll~ct a wk p~ndinpt and tM fvll amounf of each ~nd r•ry wch paym.m ~h~lt bes~ ~marest from ~he dare tMreof unrii paid the
rate of nirr p~r c~etum pN ~nnum; ~nd a~i ~aid cou+, charpes and e:peniei ~ncurred o? psid, together w~th iuch IOIN~{~. ~MII b~ iacund by tM lien of thi~
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0. llwt in tM ~v~nt of u~y bn~ch of this Morty~q~ or d~f~ult on t!r p+rt of the MORTGAGOR, w(b) in ~he'event •ny of sa~d ~ums of mor+ey
hKtin r~f~rr~d to b~ not promptly ~rd fully paid wi~hin ~huty ($0) d~y~ naxt ~frer the s~me ~~ver~tly become oue •nd payabte, wifhout dem~~d a no~ice.
or (q In tM w~nt ~aeh aed ~v~ry IM stipul~tions, sg~Kmtnt~. condtions ~nd eownants of u;d promiasory note and th~s mortgage any w ~i?h~r ar~ ~W
~uly, pranptt~ ~~d fully pNform~d, d~xMrped, executed, tffe~tcd, compl:ted, compli~d witA and ab~ded 5y, then in e~ther a any such ~wnt 1M s+~d ag
prp~t~ wm m~oriornd in ~aid promiuwy not~ then rem~ininp unp~id. with inttr~sl accrued. u~d a~l mon~ys iecured hereby. sh~l) betom~ dw and p~y~
~bl~ forthwlrh, Of iMfNftN, H tM optla+ of ~~id MO~TGAGEE, ~t fully ~nd canpletely •t i1 ail of rhe said sums of money were org~n+~~y ~~~pu~~tcd
to be p+id on ~ud? day, any~hinp in ~a~d p+omisiory note or in thi~ Matpaq~ to 1M com.~ry nofwithstandiny; •nd the:eupon a theresher ~he op~~a+ of
t~id MORTGAGlE, withouf notic~ a d~mand, wit ~t I~w or in puity, Iher~fon a th~reafrer bcflun, may be prosscuted ~t if ~II money~ secured hereby
h~d mHW~d prqr to if~ irntitutioif.
7, Th~t in tin w~eM th~r ~t tM bpinnirq of or at ~ny tim~ p~nd~~+p any wit upa+ thfs Martgay~, er to faeclos~ it, or to reform it, or to tnforu
p~yrMM of ~ny d~ima M+wnd~r, uid MORTGAGEE •h~ll ~pply to tF» CouN Mvinp jurisd~ctio~ thereof fa tM ~ppointn~nt of ~ Rec~iver, tuch CaM sMll
fw~hwith ~ppoint a nufvN of ~ald mwtyp~d p?op~rry •II •nd ~inpuiar. includ~np ~II ~~d ~~r+y~lar ~M ~ncome, prof~r~. issw~ •nd r~venuea from wh~?sver
wuru dniwd, eacA ~nd ~v~ry of which, it b~inp ~:pr~uly u~deruood. i~ Mnby mwry~ged if apec;ficdly ~t fa~h ~nd dewib~d in tM pr~n~iep ~~+d
M~ dauw~ Mrwf, snd ~uch Rsc~ivN shall Mv~ •I1 ~h~ bwd •nd ~ffectivs funct~oni end powen in anyw~i~ entrusted by • Cwrt to a Rcc~iwr, and
such ~ppolntm~nt tA~ll b~ m~d~ by ~vtA Courf u~n admined equiry ~nd • m~tt~r of ab~olure right to s~id MORTGAGEE, ~nd without refer~nc~ ro tM
~dpuat~r or lewd~qu~ey of tM vdw of fM prop~rty mwty~9ed w to the tow~ncy or ~~iotvency of ~~~d MORTGAGOR a the d~f~~~t~, ~nd tMl such
r~nn, p~ofib, {ncan~, NauN ~nd rw~nw~ ah~Il b~ appiied by ~UCA RKO~V~~ ~ccwdinp ~o tM li~n w~quiry of a~id MORTGAGEE and tM p~~ctic~ o! ~ucA
CouA. ' .
0. To duly, pr«nptly ~nd fullp paform. discharQ~, ex~cut~. ~ffect. cor. p~~re. compty with •nd ~bid~ by ~ach ~nd every ~M ~tipulatiom, pr~nri.
eonditioer ~nd eov~nann in w~d promluwy n~t~ and fhi~ mortp~9~ Ni fwM.
9. ThN M fFN ~wM tM own~rship of tM morfg~y~d pr~mi~~s, or ~ny p~rt thereof, bccomes v~sted in e perwn otMr tMn tM MORTGAGOR, th~
MORTGAGfQ in wcc~won ~nd u~ipm, msy, w~rhout norice to tM MORTGAOR, d~al with ~uch iuccessa w iucce~sor i~ int~rest with r~f~r~nu to thu
mw~pap~ and rM d~M Mr~by acv~~d in th~ m~nner w~th Wlorfy~Qor wilhout. in •ny way vit~iriny a d~~chargi~ tM Mortypora' Ilability lwrr
, ~ndu p ypon t!» d~b1 Iwr~blr Ncw~d. No sale of tha premiN~ h~reby mortqayed •rtd no forbearanu oe+ tM p~n of ~h~ MORTGAGEE o? Ih tuccesson
a aaiprr ~nd no ~al~nabn of tM tim~ fa tM p~ym~nt of th~ dtbt h~.~by secur~d qiven by tM MORTGAGEE or it~ sucauw~ w~uipro, shsll opNat~
, ro rN~~, dixhnpt, modify thanp~ or ~ffM th~ oriflinal Iiab:I~ry of th~ MORTGAGOR h~nin, ~itMr in whol~ a I~ part.
10. N N ~p~c7fk~lly prnd that tlrrN i~ of th~ essence of thi~ contr~ct •nd tMt no waiwr of •ny oblFpation F»rwndst or of tM oblip~tia? ar
~ cvr~d h~nby ~MII at ~n~ tim~ thKt~h~r b~ held to be • w~iv~r of th~ tarru Mreof a of tM instrument secund herby.
1 i. In addition to tM forpo:np monthly p~ymenrs of princ p~l •nd int~.e~t raquir~d by the prom~awry ~ore ~ecur~d Mreby, mort9por cov~n~nf~
~ ~nd ap~MS to pay'to mortq~pN with ~~ch monthly payment an •d~:~~on~l sum ett~m~ted b/ mw+papee to be equ~l to 1/12 of the ~nnutl cwt of ths follow-
Iny:
j A-All r~al pro~rty ta:p I~v~ed or •ue~sed •ga~~st the sbove desc•~b~d reel esrate.
~ b-Pnmiur*h a+ fir~ ~nd w~nd~torm inswinc~ a~ nerc+n requ,red to be ur: fcd on the im~rovemenr• s;tue+e on she •bove desvibed prtmites.
~ G-Pr~miuma on such mortytpe qwronhl ~nivrar.ce as mortgegee sha!I frorr t mc ro tr.ne deen, fit to carry on the loan secured hereby.
~ Mptg~yN ~hall from tirrh to tim~ norify mortg~gor :n writ~ng of the emou~t d,,e and pay~ble hereunder end iuch ium thall thereupon be due and
p~yabt~ on ths du~ d~t~ of th~ next monthly payment and tach ~ucce~s~+e month theresfter ur.t~t mortgagee shall notify mortgagor of a chanQe in such
~ •~++ount. Such ~uma ~h~ll l» ~pptied by mortfla9ee roward the payment of rea! p~ops~ty taxes, insurance prom:ums, and m~ngsye guaranty insurnnc~
3~ pr~miumf.
IN WITNESS WHEREOF, tl+~ s~id INORTGAGOR h~f hereunto ~~t his h~nd and ~eai the day •nd y~ar firit afores .
~ Siprwd. 6~d~¢ ~nd d~1Lrq~d lo th~ pr~~~nc~ of:
~ !.;',k,. lC ~ .~br+,~~,i~/ 7( 7' ~ /
_ ~ . ~ ~t ( ~ ames Brown Gr ier
~ , ~ ~
i t~ (s..q
~ ~ .
~ ' ~ ~i-• ~
STATE Of fM~IA - ~
- ~ ~ C7 L7 ~G- ~
CQUKTY OF
" -.~mes Brown Gr ier
Mfa~ er» p~non~lly ~pp~u~d ar~d
~ ~laYgaTQt R. Gr ier hi~ wife, to m~ w~ll known •nd known ro me to b~
ri?~ Indlrldwl~ dMCriMd In •nd who ~x~cur~d rM fapoinp irutrurmnt, and ~cknowledy~d befws rrN that th~y ~x~cut~d tM asrr» fw tM purpw~s
~
rh.?•tn .xpr.a..d. ~r+a rM ..~d biarc~aret R. Grier
r~= James Brown Gr
ier
r~ wI/~ of tM wId vpon •»ptrarit ~,~tv~r~
_ •x~min~ian by ern t~k~n Npu~t~ and ~psn from h~r ~aid hu~band, ~cknow?~dp~d to •nd b~for~ me that ~M eaeevt~d s~id in~tru ~qd 1ry~lurr
e~rily ~nd withovl My eompubbn, eonst~aint, ~ppr~h~nsion, a f~ar of w from Mr aid hu~b~nd.
WITNESS my hand ~nd oH)ci~? w~l thl• 15Lh d~y of Lecember D~ l~
. :~l~ ..~.c~
j _ t i
i1Lf0 AN~ RECOR _
- ST LUCIE COUNTY f! t, t~ Public in ~nd fw the Staq at L'~r~ ;
R~nirn Ta. aCC~; PO~TR~S My ommcaiwi ~x ir =
- c::. :'i':T (~;UP,? ~
FlM f~~) S~vinys i lo~n Auoci~tron ' c•'
- Of Fort Vf~rc~. ~ ~ . " ~ =
Fort Vi~ru, flaid~ ( ~ 3,' p~ ~ ~ . ~ , .
r 0 f ~ ~
Richard K. Kayes J J~~1
This Instrument Prepared By
First Federel Savinfls ~ loen Association
- of Fort Pierts ~
Fort Pierce, Florida 33450
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' Checked BY -
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