HomeMy WebLinkAbout0578 To pl~n +nd conti~uously kNp on ~M build~ny~ now or Ae~~~f?K ~itu~q or ~~id land ~nd or+ ~II eqv~p~*wnt snd pKSOn~lly cov~r~d by thu inor~¢
p~, witA ~11 p~miv~ tM~wn p~~d in ivll, hr• ir~suunc~ ~n iM uswl iund~~d Fai~cy lo~m. in •~wn ~pWov~d by Nw MORTGAGEE. •nd wind~~am
;row~ y~ ~M ~pw1 uu~d~~d policy fam, in a sum .pprovd by ~M MORTGAGEE. in wcA con+p~r+r o~ ca^w~y N~M MORiG/?GEE m+y
dinctr ~nd dl (Y~ and wie~arm inwr~r,c~ polici~~ on ~ny oi s+~d build~opti a~y inr~.~~~ ~Mr~in w p~.t ~Mrwf, in ~M pyrpa~~ ~wn daN+~d o~
M+ ~sow tMhof. ~MII conbin ~M wwl ~~andard n+ori9+~N daus~ or wcf? otha cl~vw u ~M Mor~9apM m~y rpuw~. ina?i~+p d» ?oN vrdM N~d pdF
ciN, NcA Md ~vKy. paYabh M N~d MORTGAGEE H i11 intH~tf nNy ~pp~M. ~nd t+cA u+d ~wry ~uch policy ~Mtl b~ p?omptly ~.9ned and d~livK~d 10
•ny Mld by w~d MORTGwGEE a iur~M..scwi~y ro s.id n+w~p.p. d.b~. ad. ea d++e 1103 d.rs in ~d.~nc~ of th~ •=pir~tan of ~ach polccy. ro d?
IivN to Nid MORTGAGEE • ree~w~l tMrwi, top~~M~ witA • nce~pt fw tM prem~um o~ ~uch r~w~t; ~nd IM~~ ~A+II b~ no f~r~ a winduam Inwr~nc~ .
pl~pd p~ ~ny p{ wid b~ildinps. ~~y le+t~rtat tMr~in w pu1 ti+K~of, vnlru In tM forn~ ~nd with ~M Iwt P~yabl~ u aiortuid: ~nd in tM twnl •ny wrn
of nwe,~y b~eon+a p~y~bN w~el~~ ~ueh poliey a potKi„ ~aW MORTGAGEE ~MII Mw tM optan w r~e~iv~ ~nd ~pply tM s+en~ on ~eew+nt of tM ind~bt~d-
Mu ~yr~ 1~u~by p q pHmi1 ~aid MORTGAGORS ~o rec~iv and us~ if p•ny pa~t lhereoi fp othcr pu~potN, w~~hout ~he~ebt w~i~ing W M+W~~-
inp ~ny puity, li~n p ripA1 unde~ w by virtw of this mortyp~j ~nd in tM ~v~nt w~d MORiGAGORS sh~ll fa ~ny r~awn fai! ~o kNp th~ taid pnmias ~o
inaur~d. o~ f~il b d~livN promptly ~ny ol uid policies of inwr~nu to s~id MORTGAGEE. or }ail promptly to p~y fulty any pr~~nium tM~~fo~ w fn ~nY
~Kp~et fNl ~o pNfw~n, diicMrq~, ~:KUt~, ~ffM, tomp~et~, cort~ply with ~nd ~bide by thif covenant. a~nY part ha~wf, i~id MORTGAGEE may p~~ ~~+d
p~Y fw wd+ Inw.~nc~ or any p~rt tMr~of wirhow w~ivinp a~HecHrp any option, li~n. pu~ey, or rqh~ und~. a by virru~ of ~his N1or~p+p~. ~nd ~he
fvll wnovn~ of NcA and ev~ry ~uch parmee~t ~11 b~ ~rrvn~diauly dw ~nd pay~bb and ~MII b~ intay~ fran tM dat~ th~rwf un~il p~id ~t tl» rat~ ol
nin~ pN pntum pM anrwm u+d toflether with tuch i~t~rest iMlt be atcur~d by tM IiM af thi~ mort9p~.
To pKmit, ooinmM ar wffK no w~st~, impairment w d~taa~ation of Nid prOpNty Ot any p~~1 tFflrWf. .
S. To p~y dl ~nd sinpvl~r tl+t cos~s. cMr~~s and expensea, includirg a r~ssonabl~ sttor~ey'~ ie~ and cost~ of ~b~tracts of titl~, incvn~d a paid N
•ny ttm~ by s~id MORTGACsEE, Muus~ a u+ tl» ~wm of tM f~ilw~ on tM put of tM ~.id MORiGAGOR ro duly, prompUy ~nd tv~ly p.rfwn+, dach+.y..
•:tcvt~. ~ffM. camplst~. oomplY with u~d ~Did~ by ~ach and wery th~ ~tipul~tio~s, ~pre~mtnts, conditia+s, ~~d cown+nn of a~~d prom~sswy ~oq +nd ~hi~
+r,o~+p~ +nY w~itMr. ~nd uid cwn, d~upN ~nd •xp~nus. ~~cA and wNy. ~h+tl b~ fmmedi~~ely dw •nd pay.blr, whe~Mr w ~ot rMn b~ notia d? ~
,n~nd, amn,p~ to colbct or ~un p~ndinpj ~nd rM fvll ~mounr of each +nd rwry sucA payn+sm ~MU besr infsr~s~ f~om tM date rMreof w~ri1 p~id at rhe
r~te of nin~ p~r centvm p~r ~nnum; ~nd all s~id cost~. charqea aod ~xpenses incurred a paid. loge~her w~th such IMNNt~ shdl b~ secur~d by tM litn of tAi~
6. Th~t (a) in tht evtnt of any br~ach oi this Morrp~y~ w deiault on th~ part of ehr MORTGAGOR, w(b) ie ths evem ~ny of u~d ~w++s of monsy
Mr~ie? rtfKred to b~ not promptly ~nd fully paid wi~hin th~rty (301 days next aiter the s~me aevcratly bccome dw and p~y~ble. wi~ho~t dtmand a notke.
or in tM ~wm ~ach and ~wry ~M ~tiput~~kvu. +gre~m~nu, con~itio~s and covenann o} sa~d promiaso.y no~a +~d th~~ mo~tQp~ ~ny a~uhe~ ~n nw
iuly, pranptly ~nd fully pKfamed. d;uMrped. execu~ed, effected. complered. :anplad with and ~b~ded ~y. fhen i~ either w a~y sucA ~wnt tM uid a¢
preqat~ tum mtntior+~d in Mid promitwry noN then remsininp unpaid, with interesl acuwd, and alt mon~y~ ~ecured hereby. ~MII McortN dw ai+d p~Y
sbl~ forthwifh, a tMrNhtr. ~t tM opt~on of s~id MORTGAGEE. fully ~nd canplet~ly if •II of ?he said wms of ma~ey wer~ aqinatly ~t~pul~red
to b+ p+id on ~~ch day. ~ny~Airp in sa~d promis~ory nose a in Mis Mortp~Qe to t}+~ cw+trary notwithst~ndiny; ~nd tMrwpon or ther~ahe~ ~1 tl+~ option of
uid MORTGAGEE. wilhout notit~ or dtrrNnd, suit at law or in ~qvity. 1F?ere(w~ a tMrcaftn beyvn, may be prosstuted t~ if ~11 mw»ys ~etw~d Mreby
had nNtwld. ptwt ~o i» trotiturion.
7, lhat in tM ~vN+t that ~t th~ be~inninp of w~t ~ny tim~ pendirg any suit upoe+ thi~ Nlwtg~y~, a to fwecios~ tt, w to rtfaen h, w to ~nfore~
p~yrn~m of any claims Iw*wndK, wid MORTGAGEE shall spply to th~ Court Mvirq jurisdic~ion ~hereof for th~ ~ppo~ntment of ~ R~t~iw~, wch Caxt thall
fwthwhh ~ppoint • nulv~r of ~ald rnwty~p~d property ~nd ~inpular, includ~np •U •nd ~in9ular tM incom~, p+ofiq. iswe~ and nvenw~ fran wMtw~r
w~rrp daiv~d. ~~ch ~nd ~wry of which, it b~irp ~xpre~ity unda~tood. i~ F,~reby morrg~yed if spac~fically ~et fw~h and dNCrib~d in tlr prantinp and
hab~ndwn d~wa h~rwf, ~~uC~1 RK~~vN ~halt hav~ •II ~M kxoad ~nd effaaive funct~ons and powcn in ~nywi~~ ~ntrusted by ~ Cowt ro a Rettive~, u~d
wch ~ppol~tm~nt ~MII b~ mad~ by wch Cowt ~i ~n ~dmitred equity ~nd •~~tK of ~bsoluu r~yAt ro ~aid MORTGAGEE. u~d withoul nf~r~na ro tM
~dpu~cy w Mad~qwcy of tM wlw of tM property mortp~yed w to the wtv~ncy a insolvency ol ~aid MORiGAGOR a tM d~f~ndant~, ~nd fl+H ~uch
r~ntti profi», Incan~, i~~wa +nd nv~nws ~hall b~ ~pplied by ~uch R~c~iv~r ~ccwd~np ~o tM (ien w ~quity of uid MORTGACsEE and ~M pr~ttit~ of wch
Covrt.
8. To d~h, P?on+ptly ~nd fully p~.fwm, dischary~, e:ecut~, effect, complet~, comply with snd abid~ by ~ad~ ~nd ~+hry tM ~tlpulatioea, prNmw~», ~
cor+ditiorr and cover?~nts in ia~d promi~aory nots and th~~ mortgy set fath.
9. Th~t in tM ~vem th~ owranhlp of the mortgsgsd prem~s~s. w any part the?eof, btcom~~ vatsd In • ptnon otMr tl?N+ th~ MORt(3AGOR, tl»
MORTGAGEE, in wcc~swn and ~apm, m~Y, w~rhour norKe to the MORTGAOR, de~1 wi~h ~uch iucceua or succeaor in intK~st witA nfK~nu w this
mortpp~ ~nd tM d~bl I+e~eby secur~d in the s~me manner as with Mortpaqa w~thout in ~~y w~y vili~Hnp or diuharpinp th~ Mortpipon' Ii~W11ty Mtr
undu w upon tM d~W Mr~by Ncvred• No ui~ oi ~r,e r.remcsa he?eby mo~ya9~d ~nd no iwb~~r~no~ on 1M part ol ~M MORTG/1GEE w ih wa~a~o~s
or ~uipns and no ~zt~mla~ of tM tirrN for ~h~ paymem oi th~ d~bt h~reby ~c~nd plwn bp th~ MORTGAGEE o~ itt woo~~on o? aaipin. shNl op~rN~
ro rN~a~, d'+scMrp~, mod'+fy chu+p~ o? ~ff~ct tM oriy~nal Iiab~l~ty of tM MORTG/IGOR Mnin, ~itMr in wlwl~ a In put.
10. It b specifkally syreed tlut time i~ of the esunce of this contran ~~d that no w~Iw~ of ~ny oblipation Mr~w~d~r a of th~ oblfp~No~ ar
CVf~ FMf1~ ~FM~~ ~1 My tlrtN fFflll~NK b! Alld to be • waivx of ths tsrma M~eof w of tM MstrurrwM ucund Mrby.
i 11. In ~ddition to tM fapo:ng monthly payments of princ'p~f •nd interest r~quired by rhe p~omisfory n01~ secu~~d Mr~bY• mwlpyw cov~n~~b
.rx! .~ree~ ~o pay to monq~ye~ with e~ch monrhly paymenf sn add,rion~l ~um et~im~ted by mwfyapee to b~ pu~l to 1/12 of tM ~nnwl cat of tM fdlow-
i ir~:
; A-All re~l prop~rty t~a~s Itv~ed or •s~essed aga~~st the •bov dexribed re~l euit~.
~ B-Premium~ on fir~ ~nd w~ndsrorm inwnnce as here~n requ~.ed to be carried on the ~mp~ovem~n» ~ituste on the ~bove de~cribed pra~+is~s.
a C-Premiumf on such mortgsge flu~ranty insurar,ce as mortgsyee sha11 from t:rrx to time oeem fit to tarry on the loan sccured hereby.
~ Mortyp~e sh~ll fiom tim~. to tirn~ notify mortyegor ~n writing of th~ +mount du~ ar.d p~y~bl~ Mrwnder and such wm ~Mall therwpon be dw ~nd
$ pay~bl~ on tM dut d~t~ of th~ next monthty payment and each ~ucce~~ive month theresfter until mort9agee shall notify mortpsyor of • cMn~ in ~uth
~ emouM. S~ch wm~ ~hstl b~ applied bv mortgsgee towud tF~e payment of real properr/ tsxea. insur~nce prem.um~, ~nd mortga9e yuu+nty inswanc~
& P~em{umf.
' n IN WITNESS WHEREOf, 1M said MORTCaAGOR h~~ hereunto ~et hi~ hand ~nd sed the d~y y~ar fin ~~s~id.
/~dC~~~a • ~d d li~a~d In th~ pr~s~nc~ of: _
~ ~ ~M V Ktt% k~~E~ -
~
~ ~~~if ~@UM~r t c ~ ~
~ ~r,EF PQIiRAS A~ q
_ ~ - ~ _ ^CUI! Cf::.~. . ~ ~ ~
~ Dor ot N en Holme s ~
t Q
- STATE OF f10RIDA ~ i J 1~ aN'~~
~ S~_ ia~r_ir3 ~ ~~~~.7
COUNTY OF -
ye e.for. m. p.rw~d~y .pp..nd Shade Aolmes • - ~ .~a
_ Ibrothy Noreen Holmes his wife, ro m. w.tl known •~+d t~ow~ w w~
;'t th~ Indivldwb dNCribd In and who ~x~cut~d th~ forpoinp trufrum~ t, ~ •ckn~vledy~d p~~~~ me tMt tMy ~x~n+t~d tM am~ for th~ purpo~N
~ rMrdn ~xp~~~d. Md th~ N iJ01'Oti~ 1VOI'86A HOlII19S
wlf~ of tIN s~id 8 A O 3 vpon • a~p~nt~ ~ed prlv~t~
= •x~minatwn by m~ t~k~n wp~r~t~ ~nd ~pan from Mr ~aid hu~ba~d. ~cknowbdp~d ro~nd b~fw~ me th~t aM ~x~cut~d said Ir»tr~m~nt frNlr ~nd vol~
r~rily u+d witho~t ~ny compulston, ca+stnlnt, ~ppreMnsion, or fur of a from Mr wfd huiband. _
;
z WITNESS my Mnd snd oNk;d Nal thi• ~ d~y a18I1118I'31 A. D. 19 78
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Not~ry Publk in and for tM Sut~ of flw larp~
' My Commiubn ~xplr~u
u
R~tvm Ta 1 v-"3 a•~
H~a f.d«d s..~~np. a Lc.n A.~ocf.t~a,
Of fort Pi~rc~.
- fort Vl~rq. Florlda
- This In~trument Prepared By Carol B. BtlrTts ~N , ~
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First Fed~rol Savin~s 6 Loen As~ocistion _
- of Fort Pi~rq . . . . ~ _
- Fo~t Pi~ra, Floride 33450 s=.':",,
~ ' ~ , it ~Q(~ C
; Checked By - ' _ . : d "u~Jff r.?W p!~(,~ t7~
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