HomeMy WebLinkAbout0966 To pl~p ~nd confinuovily k~~p on th~ build~np~ ~aw a Mreaftq u1w~~ oe~ ta~d I~nd ~nd on •II eq~~p~+en~ ~nd pe~wnaily cov~r~d by Ihi~ n?afp~
p~. with ~1) prNniwn~ ~M~eon p~~d in full, Gr~ insur~nq in ths u~wl ~~u,d~~d pol~cy lorm, in a tum .~wo~•d b~ ~M MORiGAGEE. aod winda~wm .
M~w~na In +M wwl ~qndard polay fam, in • su~n •pp.o~.d b~ tM MOpTGAGfE, in ~uch canp~ny w canpaniN q tM MORTGAGEE n+~y
dkKt~ ~ dl fk~ sad windt~otm in~~ranca pol~u~~ on ~ny of ~aid bu~:d~nps. My int~rtft tM~~in or p~.t ~Mr~ol, in tht ~pprrpal~ we+ ataNaid O~
N uc~ tMrwf, ~MII conain tM uiu~l ~undud ma+p~ clws~ a~uch orh~. c~wa rM Marpiqe~ m~y .eqv;r~, makinq ~h~ loa undu u~d po1E
dM. Md? +nd ~w~Y. WYabN ro s~id MORiGAGEE a~ ~t• +mKait may ~pp~ar. and each ~+~d •v~ry ~uch po~icy ~h~U b~ prOmptly ~q.yn~d ~nd d~GvKad ~
~ny M~ by Mid MORTGAGFE N fwther ~etu+ity 1o uid morl9p~ debt, ~nd, aW 1~~ ~Mn t~n (id1 d~y in ~dY~nc~ of tAt ~xp~~~tion o~ each po1Ky. 1o dM!
liwr to Nid NWRIGAGEE • r~wal rM.eof, top~iha wi~A • r~c~~p~ iw r!» pr~miwn oi ~ucA r~n~wa1; ~~d ~Mr• ~MII b~ no f~n o~ wi~.dt~am irnur~na..
plaad on ~np of s~id bvildinps, any iot~r~~t thtr~in o~ pan ~Mr~of, vnl~u in ~M iorm ~nd with tM toss p~y~bt~ aa afw~s~~d; ~~+d in ~M •wM ~ny ~wn
of ~y b~canM p~yabb u~da wch polky w polKi~t i~id MORTGAGEf ~hall Mw ?M opt;on ~o .~c:iw and apply tM s~me on accoum of tM ind~bt~
n~N Ntw~d AN~by O~ ~O pamit a~d MORTGAGORS lo rKeiw •nd uq i1 a any par~ lhe~eof fa a~her purposeb 11V~~MJI the~eo~ ws~~~nq a~mpair
Inp any puity, INn or ~ipht undK w by virtw of this matpper a~d in ~M ~ven~ u~d MORiGAGORS ~MN fa ~ny r~awn fail to ke~p fh~ a~~d p~~misn w
krwnd, w f~i) b d~lire~ p?omptly ~ny o} said pplKie~ of insurant~ ro t~id MORTGAGEE, w fa~t p.omptly lo pay fu~ly ~ny p~e~++ium the~efw p in
rNp~ct bll b pe~fan4 d~uhar9~, ~aecu~s, ~ffM, complaro, comply wiih ~r+d abid~ by th~a cov~na~~, a~ny pen her~of, i~~d MORT ;AGEE may plsc~ •nd
paY (a wch Inwr~nc~ a sny p~rt thtr~of wirAou~ w~tviry a affec~lny any optlon. Il~n. equity, w ri9h~ und~. a by virrw of ~h~s Mo~fpp~. ~nd rhe"-~
tuU anouM of ~~cA ~nd ~v~ry such payment sh~ll b~ ~mm~diar~ly dw •nd pay~b~~ a~d iAall bea? inta~st f~om th~ dat~ th~rwF vniil paid at tM ~aq ol ~
niM pN untwn pN annum ~nd tope~her with ~uch interest shstl b~ ~ecurtd by tM tien o/ th7s mo~tgiQt.
1. To pumit, conwnit or wfiN no wsst~, impairrt?~nr w dt~s.arar'an of ~~+d prop~?ty a any part theraof.
S. To p~y dl ~nd dnpulsr tM cosrs, chargei and ~xp~nss~, includinp a na~a+~bl~ ~~eaney'i fee and cos~t of ~b~tracts of titls. incu~r~d a p~id at
~ny tMn~ b~r Nid 1NORTGAGEE, b~taus~ o~ in t!K ~vtn1 of ~ht f~:lur~ on tfi~ pNt oi tM taid MCRiGAGOR to duly, promptly ~nd fu1~y pe~foren, d~uMry~.
~a~aA~, ~ff~d, canpNt~, oomply wNh u~d ~b~ by ~~ch and eY~ry tM ~tipui~riau, ap~e~mcnn, cand~tiOn{, ~nd COVeMnb Of said promiasory not~ ~nd ~h~~
mo~fpp~ unr o~ ~i~lwr. ~ Nid COlff, tMryN an~1 ~xptnses. e~ch ~nd ~wry, sFult b~ immed~s~~ly dw ~nd pay~blr, whe~Mi a not th~r~ nwk~ dr
nwnd, tll~mpf to colbtt a wil p~ndinp; and tM full ~mp~m of eacA •nd ~v~ry ~ucA payment Ma11 bee. inre~est from the d~ra ~her~of until p~id ~t th~
nte of ~ir» p+r c~ntum pN ~nnum; and all said costs, cha~pea and cxp~~ses ~ncu~red or paid, ~og~ther w~th such in~er~~t, ~hall b~ ascur~d by tM IiM of tha
~ro~
6. TMt i~ tM ~VMt Of ~ny b~~ch of this Morty~y~ w default on th~ paA of the MORTGAGOR, w(b) i~ the evem ~n~i of ~a7d ~wns of mon~y
Mr~in r~/Kr~d to b~ eot promptly ~nd tu!!y paid w;fh;n th~rty (30) days ne:~ after ~h~ s~me s~ve.~fly becoms du~ snd pay~bte. witlwu~ dtm~nd o~ no~ic~.
or W In fM w~nt ~ath ~nd ewry tM tfipul~tiont, sgresm~nt~, conC~tions ~nd covenann of sa~d promissory rwt~ and tA~f mortppe aey a•~ther nol
lulY. prpnpdy u+d fully p~rfwmed. d~scharped. uccured. ~ifecrcd. comptersd, compGed wcrh and ia~ded 4y, ~hen in enher or eny tvch ~v~M tM ~a~d y~
prpaN wm m~nt'an~d in Nid promi}wry not~ then rem~ininy unpaid, with im~nst acuwd, ~~d all mon~ys s~cursd hereby. sMll btcow~~ dw ~~d pay-
~b1~ fortl~with, or thK~~A~r, ~t 1h~ option of sud MORTGAGEE, fully ~nd completely it al! of the u~d sums of rraney weie a+Qinally stlpul~ted
ro b. p.d on •uch d•y. ~Rythinp in s~;d promii~wy note w in ~hh Mort~~9e to tM comrary notwiths~artding: and thereupon w ther~~her a1 tM op~ion of
uid 1MORTGAGEE, withoW notic~ or demand, ~uit at Irw o~ in puiy, therefw~ p th~re~ff~r bpu~, may be prosecutcd ~i if all moneys ~cvrd hKfby
had tn~tv?~d prqr f0 i» inpitution. ~
7. T1+~t i~ tM went rhat ~t rhe b~yinn]++Q of w•~ ~ny time pe~dirp. ~ny ~vit apon ~fhi~ Mortgiye, or ~o~ fohtlosi: b, o~ w r~fam it, or w enfac~
p~yeMM of ~ny d~irtu Mrwnd~r, said MORTGAGEE •MII spply to tM Court haviny jurisd:ction Ibereof, !or 1R~ppantmcn4 of_• RRCfirN, tuch Co~rt shall
FathwllA appoinf • r~qir~r of ta(d rtwrtpp~d prope~~y •H •nd sinqubr, ir~clvd,nQ ~I! and iingulu thi iMem~. profi~s, i~ a.I~d r~v~nuts fran whit~v~r
w~ru dNiwd. ~acl~ ~nd w~ry of wh~ch, it b~inp ~:pr~~sty und~ntood. u Mreby mortqayed M if ~plcJi~IfY.ihi=fje~?t~~d~wib~d in tM 9~~ntinp and
l+~b~ndwn tt~u~ I+e~~of. ~nd ~uch Rec~iv~r ?M!I Mv~ •II ~M b.oad and eff~cttv~ funa~o~i ar+d powcrs in ~nyw~st ettt~~[~,~,Jf Cour? to a Ret~iwr. ~nd
tvcA appdntnwnt ~h~ll b~ m~d~ by sucA Court ~n ~dmitted equi~y •nd • rtrtt~r of aDiol~te rph~ to wfd NIpRTfs'AQfE, snd without r~f~r~.~ce w th~
~qvatp a ind~qvacy of tM valw af tM property enonqayed or to the to~v~ncy or in~o!vency o1 uid (~?QRJGAGq ;K Jlif*~f•nd.nn, ~nd tMt sucl+
r~rM~, pwfits, {ncom~, iuws ~nd r~v~~w~ ~h~ti br ~ppfi~d by ~uch R~c~~v,w eawdinp to th~ Ii~n a~q~i1y of a~id MORTGAGEE ~nd t!r pr~ctiu of sucA
Gwt. , •
To duly, ao~rty .~d t~iy p..tw~,. discharp~. ~xecut~. ~fitct. compl~t~, comply with •nd ~bide by ~ach ~nd ~wry tM stiputatbns; ~p~Nm~nts,
condhfon~ ~nd oav~m~ in sa,d pr«ni~wry not~ ~nd th~~ morry~gs set forth. -
s' ;
9. That tn th~ ~wnt tM owr»nhip of tiw mortQ~y~d prsmiuf, a any pan tF+ereof, bKO+nN veatsd in a p~rwn otMr tMn tl+~ M~RTGACsOR, tM
MORTGAGEE, ks wcc~uwt and ~qipm, rnay, wiihout ~ofice to the MORTGAOR, dN1 with :uch succssta or ~uccei~a in int~r+a1 with r~f~nnct to thu
mort~ap~ u~d f!» d~b1 Mreby Ncw~d in tM i~r?N manne. with Mort~apo? without in ~ny w~y vit;~tinp a d~uha.Q;np rh~ Monppws' Ii~bNify h~rr
u~r a u~on fM d~bt Mr~by wcvr~d. No ul~ of the pr~mises her~by mwtyp~d ~r+d no fab~ar~nc~ o~ ths p~rt of tM MORTGAGEE ~w Ih wa~swn
or aM{per Md no ~atMabn of IM tin» iw th~ p~yment of tA~ d~bt hu~by secur~d piwn by ~h~ MORTGAGEE or in ~uecy~iws or aupm, sh~tl opu~N
b r~w~, d~scMrp~. nadify clw~p~ or aH~d th~ ap~n~1 l;ab~lity of fM MOR?GAGOR h~r~in, ~itMr in wlwt~ w h pat.
E 10. h b ~p~cifkally iyn~d tMt tim~ i~ of the cs~ence of shis connact ~nd th~t no w~Iwr of ~ny obtip~tan Mrwnid~r w of tM obllp~tan N-
~ cvnd Mr~by ~hall ~t u~Jr tim~ HKreah~r b~ held to bs • w~iv~r of 11?~ t~rms F,Kwf o~ of tM imtrumem s~cund herby.
~ I1. In addctbn to ~M fwpo:nq manthly p~ymeros of princ"pal ~nd int~re~t requ~red by the prom,awry noh arcurfd 1~sr~by, mort9apor c+ovrnant~
~ ~nd iqryy fp p~y b mortQ~p~a with Nth monthly paymeM ~n •dd~~ion~i sum estimated by mwrfl~pee to b~ ~qwl to l/12 of the annu~l cwr of tM iollow-
Inp:
~ A-All r~~l prop~rty t~xN I~v~ed or ~uessed ~ga~~st the abov dsiv~bed .e~~ est~te. .
~ !-Pr~mivm~ on fir~ ~nd wind~tam insur~nc~ n hero~n reqv~red ~o be u~ricd on the +mprovemeM~ utuate on ths sbove defcribed pr~mises.
C-Prtmivmi on ~ucl~ mortya9e qua?irtty inauriece is matgsgee sha:l from t:mc to time deem fit to c~rry o~ the {wn zecured hNlby.
' MwfypN ~h~ll from tim~ to tirrN notify mort~~gor in wrinng of the •mount due and payabie Mreunde~ and tuch sum shall thKwpon b~ dw ~nd
~ p~y~bl~ on tM dw dat~ of th~ r»xr monrh!y payment and each successi~s monfh tke«after untit mortgayee shal! not~fy mortgaqo~ oi a chanp~ in sud?
•movnf. Such ~um~ ihall b~ appli~d by mortpayee towa~d the payment of real property taaes, i~aurarxe prem:ums, ~nd mortg~9e yuara~ty inwrarK~
; pr~mivm~.
!N WITNESS WHEREOF, fh~ ~aid MORTGAGOR h~~ hereunto s~t hi~ Mnd ~nd se~t the day ~nd y~ r lint afo.~s~id_
n~d, Su7~d ~nd deJtv~r~d In tF~ p.~~~nu oi:
f1~E0 AM~ AECOft f~A.~ Ral h Ma es n
~ sT.111C1E COUNT'( 1 n
R~CEIt POITRAE ,~L °IyZ~2 n
C:.r: , GIERK ~iRCUtS COURT ~ EZaine Maples
_ r r . •1E atilEO..~+' (S~~q
~ eM R
S1A?E OF FLORIDA t ~ ~ 3 9 16
COUMY Of St t.tt~'lQ ` ~yi~s~rj
~ e.tw. P.no~.nY .PP..~.e Fa 1Fh N.~faFles .,,d
; D. Elaine ~1aD1eS hi~ wlfe, to m~ wtll known ~nd known fo m~ to b~
~ tM Indivldwb dwerfb~d In ~nd who ~x~cut~d th~ fwpoinp instrum~nt, ~nd ~cknowledy~d b~fw~ m~ 1h~t tMy ~x~eut~d tM Nerw fw tM pwpwa
~ eh.~.~n .x~..Mel. ~,a rh. N~ D. Elaine Nanles
: wli~ of the w1d ~pon • s~p~.•t~ u+d pr1vN~
_ ~:~en7n~tion br nw t~k~n wp~r~t~ ~nd ~part from ~a wb~ , adcnowl~dp~d to ~nd b~for~ en~ tMt ~M ~x~eut~d a~id Ieurrum~nt fn~ly ~nd voiun-
rwily ~nd withpvt u~y compu4{on. co~stnint, ~ppr~h~s~w fur of a from hK said Fwab~nd.
_ WITkE53 my h~nd ~nd ofikld aal thf~ day of /l D. 19~Z
3
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Not~ry P~blk In ~nd for Stat f id~ N l~rps
My Comrniuion ~apins:
~ R~turn To:
- N-::,:, P;.r,ia, S:~te Flori~a at Large
Flrst f~derd S~vlnp~ i loan l1~wcl~t~on
f,;t Ca,:r,.us:on E<;;ires Sept. 29, 1931
OI fort P~~rc~. b.::.:c: ..-:..:.n l.n d c.i~::~~ c~...,..~
fort Pi~~a. Flalda
_ ; ~
.
J. Hal Roberts Jr. ~j~ '
7his In:trumsnt Prepered By • _ . '
j PirsT Fed~r~) Savin~i 6 loan Associstion -
; of FOrt Pisrts .
Fort Pierc~, Floride 33450 " - _
DR ~
q Checksd By BOOK ~ q}~ % I ~ . ' ` -
r ' `
~
' - ~ ~jt~..ctu~~~.