HomeMy WebLinkAbout0721 To pl~c~ ~nd cu.,rinuously ke~p on ~h~ b~ild~~ya now a I+a~~f~w ~~~wr~ or ~~~d i~nd •nd on ~tl equipmMf ~nd p~non~lly cov~~~d by ~hi~ mon¢
p~, wi?h ~11 p~~mivny tMr~on p~~d ~n full, fir• inw~~nc• ~n ~he u~wl ~t~odard poiicy fo~m, in • wm ~ppruv~d bv 1M MORtGAGEE. •nd w~ndtewm
i~w~nc~ in tAs uwsl s~inds~d pol~cy lam, in • ium ~pp~ov~d by ~M MORiGAGfE. in wch comp~ny or compamtt ~i ~M MORTGAGEE may
dkKtj ~nd dl fk~ ~e~d wiod~torm insuranc~ poGu~~ on •ny of u~d bui~d~nps. ~ny int~rt~i the?e~n w par~ th~«ol, in ~M ~~q~e9~t• wm ~to~~N~d w
In sauas 1lyr~of. ~Aall com~in t1w u~wl ~qndud mor~pay~e clauw p such o~Mr cb~s~ n eM Mo+rpay~s ,ruy »quu~. m~kinp iM ?ou undN a~d poli-_.
ciN. ~ach aed ~very, par•b1~ ro a~id MORTGAGEE a~ ~4 intere~t auy ~p~ar, ~nd ~~ch snd wtry tuth poi~cy ~h~ll b~ Promplly •a.pntd and d~1~v~red ~o'.
•ny htld by s~id Jy1pRTGAGEE a fw~har ~ec~rify ~o s~~d mortpap~ dtbt, and. nW It~ IMe t~n (101 d~y~ ie ~d~anc~ 01 ~M •xpiiarion o! ~ach policy. ta d~-
UvN ro ~aid MORIGAGEE a r~n~wal ~hereof, top~:INt with • r~ce~pt fa tM p{~miuin of ~uch r~ntw~l; ~rtd th~r~ ~MII b~ np 6r~ a winduo~m in~v~~nt~
plac~d on any oi ~~id buildinp~. ~~y i~t~re~l tMr~~n o~ p~n tMno/, unl~~a in tM form and with ~M lou p~y~ble a(ort~~id: ~nd in ?M ~v~nt •ny ~um
of mo~~y b~cpnt~ p~Y+bb ~nde+ u,~h poh~y or po~;u~t t~id MORTGAGfE ~hall Mw ~M opr~on to nceiv~ •nd apply tM Nm~ on ~ccoum of ~M in~b~ed-
Mu s~cw~d Mr~by o~ w pamit ~a~d lNORTGAGpRS w.ece~w ~nd uq it p ~ny pan t~ereof for other pwpo~e~, wnhout th~.ep~ wa~v~ng o~ ~mpa~r
inp ~ny puiry, li~n a ripA~ undN w by virrw of thi~ morty~p~; ~nd in th~ •v~nt sud MORTGAGORS th~ll for ~ny r~awn fail to keep ?M ~+;d praniHS ~o
~nau+ed. o? f~ll W dtliv~r promptly ~ny of tsid pol~ue~ of infurant~ ro sa~d MORTGAGEE, or fail p~omp~ly 1o p~y }ully any premium therefor or in ~ny
rnp~tt fall b pe~forM, diuMr9t, ~a~cuts, ef}ed, tomplef~, tomply with ~nd ~D~d~ by thi~ tov~~aN. w•ny part he~eof, tald MGRTGAGEE m~y p~~ct ar.d
paY fw ~uch inwrux~ a~ny part tht~sof w~ehoul w~7v;nQ w~ff~cri~y anY opt~on, li~n, equity, w righ~ unde~ w by vir~ve of tl+is Mwt9~ye. ~nd rhe
fvll amarnt of ~ach and ~v~ry ~~ch payment ~hall be ~mm~di~t~ly dw •nd p~ysbN +nd sh~ll bear im~~~tt frwn IM d~te tAereof u~til paid ~t the raa ol
nine p~? c~ntum pN ~nnum ~nd togethcr wiih svch inreresr shalc be tecured by tM tien of thif mwryap~.
1. To p~rmit, comnut o~ suffN no wast~. impairment or detera~~tion of ~id preptrty w u?y p~rl Ihertof.
S. Io pay ~II and ~InQulu tMe costs, chupea +nd expenu~, ~ncludin9 • r~awn~bl~ ~~twney's fe~ and co~ts oi ~b~tractt of ~itle, incur~ed or pa~d at
~ny tim~ by uid MORTGAGEE, b~c~uss a in tM ~vent of 11» failur~ on ~h~ part o4 tM ~iid MORTGAGOR to duly, promptly ~~d fully pe~fwm, d~~tharge.
~:ecvt~. ~f(M, canpt~+~, coenpl~ with ~nd •b:de br •sch u+d svery th~ •tipul~r~ory, sQ~etm~nf~, tondif~oiu, ~~d tovenanq of f~~d promisw~y note and this
mo~tp~p~ ~ny w~ithN. ~nd ~a~d co~n. chuq~i •nd •xpenses. ~ach ~nd ~v~ry. sMll b~ immadiatsly dw •nd payable; wFxther a not tFure b~ notice de
mand, uremp~ to co11M a wit p~nd~nq; and ~he fu}I ~moum of ~ach ~nd wery such paym~~t sA~U bea- inrereit from the dare rMreot until paid af ~1,e
~aft of nirw p~r cMtum p~r innum; and ~II ~~id costt. ch~rges and ~xpeniet incurred or paid. toqether w~th sucA interqt, ~hall b~ secwed by tM Ilen of th~~
rtwrfyp~,
6. Tl+at in the ev~nt of any br~sch of this Mortyafl~ w def~ulf on the part of the MORiGAGOR, or (b) in the eve~t any of ~td tvma of money
h~r~ln +~fen~d to ba no! prompt)y ~nd iully piid wi+hin th~rty {3p) d~y~ n~xt •fter the ~~m~ ~~ve~~lly beco~u due and p~yable, wifhou~ demand w notic~,
or (c) in tl+~ evenf e~cF~ and ~vNy th~ stipul~tiory, igre~rrN~t~, conditions and covenanb of ta;d promi~w?y nots snd th~~ ~rqrt9pe ~ny a•ithe? ~r~ no1
~uly, pranptly aod fully p~rfwmtd, d:xharped. executed, effected. completed, compli~d w~th ~nd ~h,ded Sy. ~Mn in either w any iuch w~nt tM t~~d
prp~t~ w~n m~nran~d in a~id prom~uory no~e the~ remaini~+p unpaid, with inter~it accru~d, ~nd a11 mon~yi ~ecu.ed hereby. sh~ll becom~ du~ ~++d pay-
~bl~ forthwith, a ~Mr~~fi~r, tM opf~on of sa~d MORTGAGEE, ~t fvlfy •nd comptsr~ly i~ ali of the ~~id aums of mo~~y wert o~,9in~Uy ~t~pulued
to b~ p~~d on ~uch d~y, inythinp in s~~d promis~ay nore u in this Mortpa9~ to tM convuy no+w;~h~qndiny; •nd ~hcrwpon w thcresfter the op~~on of
uid MORTGA6EE, without notic~ w dem~nd, ~u~t ~t ~aw er in puity, th~rtto~~ o~ tMr~~fter be9u~, may be protecuted if •11 mway~ accured hereby
Md matur~d pnor ro in in~tiwtion.
7. Th~t i~ tM ~v~nt thit ~t ~he beginn;ny of o~ a~ any tim~ pendiny •ny su3t ~pon this Mo~rg~ge, o~ ro foreclase it, or to refam it, or to enfo~p
P+Y~m ~~~Y ~~~~m~ M~~undcr, ~~id MORTGAGEE ~hall ~pply to th~ Court h~vinp junsd~ction t6ereof fw tAe appoinfineM of • Receive?, wch Cour1 tMll
forthwith ~PppiM •/KfivN Of N~ mortpsp~d proper.y and ~irgufar, includ,nq ~11 ~nd ungul~s fh~ incom~. Prof~t~, i~~un •nd nv~nue~ irom whatever
•ovre~ d~rivtd. ~sch ~nd ~v~ryr of wh~ch, it beinp expre~siy und~ntood, i~ ?ureby mwrfl~ged a~ ~f apec~f~c~lly ~et faih and de~crib~d in tht 9r~nti.~p and
~++b~ndun+ davat~ Mrwf, and wch Rec~iv~r shall hwe •11 ~he bro~d ~nd effect~v~ funct~oni and powen in ~ny«~ae enrrvited by a Court ro• Recsivtr, ~nd
wci~ ~ppolntm~nt fM11 b~ mad~ by ~uch Cou?t ai ~n admitt~d equ~ty •nd • rrwtt~r of ab~olut~ ri9M ro a~id MORiGAGEE, ~nd without rtfennce to tM
?dpuscy or In~deqwq of tM v~lw of fh~ propery mort9~ycd or to the ~eiwncy w inwiv~ncy of ~a~d MORTGAGOR w tM d~f~nd~nh, ~nd that such
~~n4, profitt, IncorM, iuuM ~nd ttvenw~ ~h~fl b~ ~pplitd by ~uch R~ceiv~~ ~tcad;nQ to th~ li~n or squity ot t~id MORTGAGEE ~nd tM prKtic~ of tuch
Ca?rf.
, io dvly, pranptly ~nd fully p~rform, d~scharp~, ex~eur~, ~ff~ct, eompl~t~, eomply with and abid~ by ~ach •nd ~v~ry tM ~tiput~tioe?~, ~yr~m~n»,
, conditio~r u?d cov~n~np in s~~d plomi~wry nor~ ~nd tA~~ morrp~9~ ut to~th.
t 9. Th~t tn rM wt+?t the ower~rahFp~of th~ mortyap~d p.~mis~s, o. iny p~n ther~of, b~com~~ vNt~d le • p~rion otMr tMn tM MORTGAGOQ, tM
~ MORTGAGEE, ks wcc~asora ~nd ~uiyn~, may, withovt r.once to rh~ MORTGAOR, d~a! with ~uch ~~rcc~uw a succ~~wr in int~r~q wirh nft?~nc~ to thii
i mor~p~ ~nd d» d~ Mr~by secur~d in th~ urrN m~nner p wi~h Matp~yor witAout in any w~y viti~Nr~p pc ditthary'~np 1h~ µprtpaypr~' li+bilify hpt
; und~r w upon tM d~W Mr~by s~cur~d. No ~N~ of tt~ premi~~~ h~r~by mortpp~d •nd no fofbNr~nq pn 1h~ pa~t of tM MORTGAGEE c? it~ ~ucc~awn
; a wfpra and no ~xt~aton of ~F?~ tim~ fw th~ paym~nt of tM d~bt Mr~by s~cur~d plwn by tM MpRTGAGEE w it~ a,cpuon or ~u;ons, ~F,~II op~rat~
~ ?o rNeas~, disdwrp~, modify ch~np~ or iff~ct th~ o~ip;n~l li~b~tity of tM MORTGAGOR Mnin, ~it1~u in wiwl~ a In p~rt.
~ 10. It Is apetifk~lly prKd that tim~ i~ of tha e~s~nc~ of thif tontr~ct •nd that no w~twr of ~ny obli9~tion Mrwnd~r a of tM obli9~Tion s~-
w?~d Fwnby ~Full ~1 any t(m~ there~ft~r b~ held to b~ • w~iv~r oi tM t~rms Mnof p o( th~ lrutrum~nt s~cur~ h~rby.
q 11. ~n ~}~tion to ths forpo:ng monthly payments of p~inc p~l and int~r~~t r~quir~d by tM prom~~sory nor~ secursd Mr~by, mort9~9o~ cov~n~nts
i ~nd prt~~ ?o pay fo mortyy*~ wi~h ~~ch monthly paym~nt ~n ~dd~~~on~l •un+ ~~t~m~t~d by mwtp~p~~ to b~ pu~l to 1/12 of tlu ~nnu~l co~t of tM fdlow-
g ~nq:
i
~ A-All re~l prpp~rty t~xn I~v~ed or aueued •ga~~~t fl~e sbov d~~c~~bed re~l ~~t~t~.
e
~ d-Premium~ on ffr~ •nd wind:ro~m ~niur~nce s~ hercfn requ:red to be urr~ed on rhe tmprov~m~ntt t;twte on the above de~cribed prsmius_
; C-Premiums on such mortgepe yu~ranty iniurar.c~ a• mo.tg~~ee ~hall from t•mr ro time de~rr+ fit ro c~rry on the b~n tecvred hereby.
~ Morty~p~e ~h~tl from time to tirru notify mortflagor i~ writinp pf th~ •mount du~ ~nd p~y~bl~ M~evnder ~nd suth ~um aMll fhe?wpon bs dw ~nd
# pay~bts on tM du~ dat~ of ~h• nexr monthiy paymenr •nd each succa»i~~ month fhereaftsr untit mwtq~gee sh~ll notify mortgagor of • char~~ 7n such
~ smo~nt. $uch surns ~ il b~ appl;ed by mwtpsyee ~oward th~ p~ymtnt of rea! Rroperty taa~a, insunnca prem:umt, and mongape 9u~ra~ty insur~nu
pr~miuma.
IN WIT HEREOF, th ~~id NtORiGAGOR hat hereunto s~t his h~nd •nd t~~! t!a d~y ~nd y~ar firtt afor~~aid.
s
s S1p ~t i v In t1?~ prf~~nca of:
a ~`7 C'` ~ ~
~ - fILEO ANO RECOROEO 3i 3~1 . 1 n sley
_ • t ST ~UCIf COUNTY FLA q
= ' ~ • ROCER POITRAS -t1 _ . '1
- ~~O3+•yr, ERK CtRCl11T CClIAT ~e rtha ~4, fieAS,l , • ~
~ ~ =,-r ;~~~r~ED . 4
_ STATE OF fIORIDA 1 ~ IJ ,
, , ` ^
couNTr oF St Luc i~~ j u-.IAN I I 3 4~ PN ~78 `v i
~ e.fo~. m. P..w~.~ •aa~~i~a . r. n s e P,i l l y A. 1 fen s l ey ~ " Y. ~ c~ =
er : y ~ •-:y •~d
-r •
hi~ wtf•, ro en~ vir~lt'~~' ~~pwq•}oint ro b~
,i tha IndivWwls dNtrib~d In ~rtd who ~x~cut~d tM forpolc~p irulrum~nt ~nd ,uiu~ovvlad~~d b~for~ m~ ihat th~y ~x~cufid't1y~ ~~~tpp fb~`~urpoNi -
s ?Mrdn ~~cprNNd. Md th~ sd Eie r t h a f~! . N 1~ y . .
~ w~f. ot H,...w 1 y . ens el~ „p„n~.E,.prr:i. •nd plv.t~
~x~~ntnnlon by en~ tska? Np~rn~ ~nd ~p~r1 from h~r ~aid husband. ~eknowl~dp~d ro~nd b~fon rn~ tMt sM ~a~evt~d a~id Irotrum~r?t fr»ly and volw~-
rarily u~d without u~y compul~ion, comtr~lnt, ~ppr~F»n~ipn. or f~ar of or frwn hN NId Iwtbsnd.
_ WITNESS my Mnd ~nd oHlu~t ..•i ~ht• 6 t h d.Y ,i Jan u a r _ ~ p. 19 78
- _ ~ ~'~i 3
Not~ry P~bI1c~ In ~nd for fh~ StN~ of Fbri6~ ~t larp~
_ Mr Com~riltls{on ~xp{rN:
- R~wrn To: ~ 3 v, r~,
d" ~
flnt hd~nl Savtnp~ i Lo~n Aswci~tion
O# Fon Pr~rc~.
Fon it~ru, Flwida
This Instrument Prepared By Rick Teets
First Fed~ral Sevinys 6 loan Association -
of Fort Pierce ~ k~Q(~ _
- Fort Pierce, Florida 33450 3pp~( Ot) PAL.
~ ':hecked BY -
. mr