HomeMy WebLinkAbout0402 J. To pl~c~ ~nd conunvov~ly ke~p on ~M twilJ~nps now a M~~~i~M ~1twt~ or ~~id I~nd ~nd on ~11 equ~w.+~m axl p~~wn~11y co.a~d by thi~ morto.
p~. with ~11 pr~miwM IMrwn p~~d in full, f~r~ ins~r~nc~ in ~h~ u~ual ~t~nd~rd polKy (orm, i~ ~~um •pP~o~•d by th~ MORiGAGEE. •nd winQ~twm
Irnw~ h tM wwl ~~~rd pol~cy lam, in ~ sum ~pp~ov~d py ~M MORiGAGEf, i++ ~~?ch comp~ny o~ comp+n~N ~M MORTGAGEE m~y
dktc~i ~nd ~Q flr~ and w~nd~roren ~nw~~nc~ Qol~c+~~ on sny of u~d buiid~np~. ~ny inq~1~1 tMrfifl Ot pi~t thpWl, in ~M ~qp~~p~i~ wm ~laaa~d w
In ~apN IM~wI, ~MII con~ain tM u~~al ~t~nd~~d mptp~pN cl~uN a~uch o~ha c1avN ~M Mw~y~y~e~ m~y ~~qui~~. m~kirq ~M IoN u~ s~~d po~4
ciN. Nch ~nd ~w~y. p~Y~bN w Nid MORTGAGEE u~n in~~~e~t m~y ~pptar, ~~d t~cA u~d •v•y ~uch po~~c~ ~h~ll bt p~omptly ~N.pn~d ~~nd d~livHSd ~o
~ey h~ld by wid MORTGAGEE a Iw~h~r secu~it~ to uid monQ~p~ debt. ~nd, no1 I~N th~n tM (10) d~y~ In ~dtiarx~ of ~F» •apir~t~on of ~~ch policy, to d~
Iiwr 1o aid MORTGAGEE • ~tMw~l tF?~rwf, top~~M~ wi~h a r~u~pt fa tM p~miwn oi ~uch r~w~1; ~nd th~~~ ~MII M r+o (ir~ or w?~+d~~am Inwr~nc~
pl~c~d on ~nr oi NW build~eqs. ~f1y If~t1(f~? tMtfill w pNl 1h~r~of. unl~ In tM fo~n? ind wiM th~ Iou p~y~bt• ~fo.~~aid~ ~nd in ~M •v~m ~~y ~um
of mon~y b~com~~ payabl~ w+da ~ucA polky o. polkiN ~aid MORTGAGEE ~hall Mw ~M op~~on ro nc~iv~ ~nd ~pply th~ Mm~ on ~ctounl of tM i~bt~~
rns~ Hcw~d h~t~by p W pamit wid MORTGAGORS 1o rtt~iw and uN N p•ny p~rt tMreo/ fa other purposq, w~thou~ ~hsreb~ waivin9 or ~mpain
1np ~n1r pviry, li~n p rphl und~r w by virtw of thi~ mortpp~j ~nd I~ ~M ~vtnt ~a~d MORiGAGORS tMll tor ~ny nawn i~il to kNp tM ~~id p~~miws w
it?wnd, o? tall q d~liv~r promplly ~ny of s~id pol~c~ea ol inwr~nc~ lo sa~d MORTG/1GEE, w fail promprly to piy tully •ny p~emium tM~efa or in ~ny
r~~p~tf f~I) ro p~rfwm, diuhupt. ~atcur~. ~ff~tt. complN~. tomply with ~~d ~Did~ by thi~ cov~nant, w any pu? M~eof, sa~d MORTGAGEE m~y pl~c~ •nd
p+Y fe? ~uch lnw~u~c~ a ~ny pa?t tlurwf withwit wafvirq a~ff~ctinp ~ny optioo. IMn, puity. w ri9h~ unde~ a by virtw of fhi~ Mor~yp~. ~nd fhe
full ~nw~nt of NcA ~nd w~ry wch paymH?t ~hall be ~mm~diat~ty dw ~nd pay~bb and sMll bs~~ inta~st from tM daq tMr~of uniil p~id a~ th~ ~a~~ ol '
niM pfI CMfunl Mf ~MUm ~nd tOyltAl~ with iuch intereu ahall b~ t~cur~d by tM IiM o~ thi~ mortpap~. •
1. To pNmif, commit a suffN ~o wast~, impairmeM w dturior~tion of ~~id proptrty w~~y part ~he~eof.
S. To pay ~It ~nd t4qvlu tM costi, cM+yei snd exp~~ww includirg a r~+son~bl~ atfaney i(ee and co~ts of ~b~tract~ of titte, incu?.ed o~ p~id at
•ny tinN bp ~aid MORTGAGEE, b~c~ut~ a in iM ~vent of tM failur~ on tM pan ot ~M a~id MORiGAGOR ~o duly, promptty ~nd (ufly perfwm, d~xh~rqe.
~:~cut~, ~ffM, complet~, comply w~th ~rrd ~b~d~ by tach and w~ry ~M ~tip~latwn~, pre~m~nts, conditiona, ~nd covcn~nts of ~aid promiuory ~?ot~ ~nd thi~
mo~tpp~ ~ny w~iN~. ~nd uid costs, c1urQN and ~ap~nses. ~ach ~nd ~w?y. ~MII b~ immediaf~ly dw ~nd pay~blr, whetMr a not ther~ b~ no~K~ da
m~nd, ~tt~mpt fo cotleei w wlt p~nd~~qs and ~M full ~mount of ~sch •nd w~ry ~~ch paym~nt ~MII bea• imerea from ~he d~fe rh~.sof unril paid ~t tM
ra~~ of niM p~r pNUm pK ~nnum; ~nd all ~ud cosh, cMr9e~ ~nd ~:p~n~~~ incvned or paid. topsthtr wifh tuch iet~reat. ~MII b~ s~cu~~d by tM li~n of thi~
mwtpap~.
A. That (a) in tM ~vMt of ~ny bn~ch o( th~~ MortpaQ~ a default on tFr p~rf of tM MORTGAGOR, or (b) ie fhe ev~M ~ny of wid tum~ of money
Mr~M ~~f~rr~d 1o b~ na promptly ~nd fully paid wi?hin th~rty (~p) d~yi next •ft~r the a~r+» a~v~r~lly b~come dw ~nd p~yable. wi~hovt d~m~nd w notice.
or (c) in tFw ~v~nl tach ~nd ~v~ry tM stipul~tiom. p~t~m~~H. con~itiont ~~d tor~nann of aid p~orniuery not~ a~d th~~ morl9ape a~y p~itl+~r •r~ not
iuly, prompHy aod fully pNfwmed, d~uh~rped, ~xccuted, ~ffected, compl~t~d, complMd w~ih and •b~ded Sy, ~Mn in ei~her w any auch ~v~nt iM a~~d ~g
prp~N wm en~ntioe»d in uid prom~awry not~ ~hen r~maininp unpaid, with int~r~s1 ~ccru~d, ~nd all money~ secured her~by. sFull b~com~ dw snd p~ri
•bl~ torthwith, a ~Mr~ah~r, at tM option of ~~id MORTGAGEE, u fully •nd canpl~aly if •II of tM ~aid sum~ of money wer~ aqin~lly ~t~put~ted
ro b~ paid on ~uch day. ~nythirp in sa+d promi~~ory not~ a in thi~ Mwrpay~ to tM conrr~ry ~orwi~hsundinp: and ~h~rwpon or flur~ahe~ ~t tM op~~on of
u~d MORTGAGEE, w~thout naK~ a d~m~nd, ~uit a~ law a in pu~ty, 1Mr~iw~ a thN~~fi~r b~pun, may br pro~ecured if ~II mon~ys s~cur~d her~by
h~d matu~~d prar ro ~n irot~tution.
7. TMt in tM ~v~nt that ~t th~ be~inniny of a at ~ny tim~ p~ndinq any ~uit upon this Mort9ps, ot ro faeclos~ it, or to refwm it, or to ~nfwu
payeneM of •ny d~im~ Mrwnder, Nid MORTGAGEE sh~ll ~pply to tM Coun hi~irp jur~~d+'aion thenof fa tht appointrrKnt of ~ RKQiVN, ~uch Court aMll
FwihwMh ~ppoin~ • nc~iva of uid n+orf9p.d p.openy •II ~nd sinyul~?, includmp all ~nd sinyul~r tM incom~. pro(~t~. iuu~~ •nd r~v~nws from wh~t~ver
wurq d~rir~d. ~~ch ~nd ~v~ry of wh~ch, it be~np exprealy und~n~ood. is Mr~by morry~ged ~t if apec~fic~lly a~t fath ~nd d~wib~d in tM prantinp and
hab~ndum cl~~s~s Mrwf. u~d ~uch Rec~ivK shall hav~ ~II tM Moad ~nd ~ff~criv~ funcnom ~nd powe?s in anywi~~ ~mrv~red by ~ Court to • RKfiv~f, ~nd
~uch ~ppoiotmtn? ahdl b~ en~d~ by ~uch Court an ~dmined equity. ~nd • m~ttn of •bsolut~ ri9h~ w uid MORTGAGEE, ~nd witAou~ ref~.~nc~ ro tM
~dp~~ty a In~dpuacy of tM vatw of ~M p.op~.y mo?~payed or to t!» to~v~ncy or insolv~ncy of ~aid MORTGAGOR or tM d~f~nd~nti, •nd tlut ~uch
r~nta, profit~, lixonw, iuws ~nd r~v~nw~ shall b~ ~ppli~d by ~uch R~ceivN ~ccwd~ny to ~M li~n or puity of ~~id MORTGAGEE ~nd ~M p?~ctiu of iuch
Co~nt.
To duly. pranpHy ~nd fulty p~.fwn+, diicM.p~. ~x~cvu. ~H~cf. compl~t~, compty wlth ~nd abid~ by ~ach and ~very tM st~pvt~tia+~, prNm~nn.
condkio~w ~nd tov~n~nb in w~d promiuory noq •nd ~h~i mortpp~ ut fwtA.
9. Th~t !n th~ wtM tl» own~nNp of th~ m~fy~p~d pnmik~, w any p~rt thsr~of, b~com~i vyhd tn • p~rwn otMr tMn tM MORTGAGOR, th~
AAORTGAGEE, Ms wcc~Na~ snd ~uiprn, rruy, wiihovt noric~ to tM lNORTGAOR, dNl with ~utA sutc~~sw or ~utceaor in i~t~r~~t wirh r~(erNK~ to thit
mo.lpp~ uid th~ d~bt Mnby s~cvr~d in th~ ~am~ m~nnN wuh Mortppp without tn ~ny w~y viti~Hrq w di~charyirq tM Morfpapa~' liabiliry Mrr
und~r o? upon tM d~bt Mr~by Ncw~d. No a~l~ of th~ pr~mcN~ h~r~by m~orty~p~d ~nd no 1wbNr~np en tM p~rt of tM MORTGAGEE or It~ s~a~~son
a a~tpm ~nd no ~Yt~ralon o4 rh~ tim~ Ior ~M p~yment of rM d~b~ Mr~by ~~cv~~d plwn by th~ MORTGAGEE a it~ ~ucpuon or ~uipn~, aMll opa~t~
~o r~ba~, di~d+~rp~. n+odify eMep~ a~ff~et th~ o.i9~na1 liab~l~ty oi tM INORTGAGOR Mr~ln, ~Nh~r ln whoh a fn p~n.
10. It M~p~cifkally apr~ed tMt tirr~ i~ of th~ ~swnce of thb contr~ct and ~Mt no wdwr of •ny oblp~tion MiwndN or of rM obtfpatbn w-
cur~d h~nby shall ~t ~ny •tlrrw tMr~~hM b~ h~ld to M~ wuv~r of tM Nmu Mr~of a of th~ Irntrum~nt acw~d Mrby.
11. In ~dd~tion to tM fwpo:~p monthly paymenr~ of p~irK p~l and tnr~re~t rtq~ird by tM prar.~~wry not~ secur~d htr~by, mortpspor cow+?~nn
~nd pntt to pay to mortppN with ~ach manthly p~ym~nf ~n add~tional su~n ~uim~t~d by mortpapN to b~ pual to 1/12 of tM ~nnud cpt of tM fdlow-
k l~: .
A-All ?eal prop~rty fa:a I~v~ed or •~~essed •pa~~~t rhe ~bov~ d~~cribed ~e~l ~~t~t~.
f 6-Pt~mium~ on f;n •nd w~ndstorm ~muranc~ a~ hsre~n repu~red to bt curied on t~t improvsm~nts ~ituerc on tM ~bove de~cribed prNnise~.
i
~ C-Premiumt on tuch mortg~9e yuar~nty insurar.~e rrwrtyaye~ ~h~ll irom t me to time de~tn fit to urry on th~ lom tewrtd Mr~by.
R Mortys~N •h~il from rim~ to tirtk notify mwtQiyor in writinp of tM •mount du~ •nd p~y~bl~ hNtunder ~nd ~uch tum sh~ll therwpon be dw ~nd
{ pey~bl~ on tM due daf~ of ?h~ nexr monrhly paym~m ~r~d e~ch succeuiv~ month tF+~re~h~. unt~l mortpayee ahall notify morrpaqw of • cMr~ in ~uch
S an~ount. Such sums ~hafl b~ •pplied by monpeflee tow~rd tM paym~nt of r~~l property t~x~~, insuranca prem:umi, and mortga~e pusr~nty iruur~nu
g pr~miumf.
~ IN WtTNESS WMEREOF, tl+~ t~id JNORIGAG!OR Ms her~unto s~t hi~ h~nd ~nd N~I tM ~(y • y~ar fir~t sfor~s~id.
~ Slprnd. S~aled and ddiv~r~d In rM pres~nc~ of: ~
~
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~ . '~T•~=s " Ret L-. Blanton. ~
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~ STATE Of F~ORIDA`~'~ •r • ~
~ couNn oF 5t . Lucie ~ ~ ~ • ' ,
James Fi. E31 anton f
~ e.fa. n,. p.rwn.uy . r.d . ~ .nd
z ~etty L. -~nton ~ - ~ ~
~ rM Indtrldw{~ Gsuib~d tn and wFa ~x~eut~d tM fw ~ Irutrum~nt, ~nd ~knowl hia wN~, to eA~ ~w(1 knqwn ~nd knowrt lo e~ to
~po'rg .dpid b~fon nN that tMy~vwtut~d 11~» urn~ fa t1iM•P~+~PaM
- r++.?.a~ .,,,~,«..d. ~„d N~ Be t t y L. B~ an ton -
" ames . ~n :
;r wlf~ O/ t~M M!d yQ011_ ~~{/~M ifld (~flv~l~
J ~x~minatlon by nw uksn Npu~t~ ~nd •p~A from Mr ~~id huab~nd, aelu+orvl~dp~d ro snd b~fon en~ t!?~t sM ~a~ew~d ~aid: EMtrver~eu trNly and volwr
ruily ~nd wi~ho~t ~ny eompubbn, eonstralnt. ~pp.~h~niion, a fwr oi or fewn Mr wId hvsband. 78
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- wnNess my h.~d .~d oH~.i ,..i rh~~ Sth d~y ,f Januar p. 19
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~ My ~:plr~
Rnurn Ta
_ Flrn f.da~t SavG+p~ i to.n /4wcl•t~o+, Notsry Public. Slate at Florid~ ~t larqc
= Of Fort V;~ru.
wn v~.~a, F~a~d. ~ Mr Comm?:s;an E:P;res R„y. 30. 19&~ •
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; ~ 0^~ REC auFo
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~ `~~^FR ~p1!R~S .
~ Thi: Instrument Propered By Gary F. El lwari c~ :;R ;••~fU~T , ,~-C~
~ Firit F~d~ral Sevin9s b losn Association t
of Fort Pierce ~ ~
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