HomeMy WebLinkAbout0283 3. To pl~c~ u~d conNnvously A~~p on th~ buitd~np~ ~ow a M~~ahw ~itwf~ or ~~id I~nd ~nd on ~11 pvipm~m ~nd perwn~liy wvptd by ~1~i~ ~na~
pw wi~A ~II prNniuny tMr~on pa~d in tuli, lin in~vr~nc~ in ~M wwl wod..d poiic~ lam. b• ~wn ~pWo~~d py ~M MORiGAGEE. ~r+~ w~nd~~orn~
YwMw~a M ~M wwl t~andud pol~cy fam, f~ a sum ~pprov~ py tM MORTCrAGEE. 1~ ~vch canpany o. canp~^~N u tM MORIGAGEE n+~y
dir~c+r «d dl fk~ uid w~ndawn+ iMUr~nc~ pol~uh a? ~ny of ~id bvw~d~np~. ~ny 1ntH~~r ~M~ein w pan tl+w~ol, in th~ appr~yaq ~um aia„aid or
b~xaM Merwi. ~MII conain tM uswl sandud mo.~~pN d~uw w wcA wlwr dav~a ~M MorrppN ~*wy .pua~. ma?inp ~M bu vnd~. N~d Po~4 ~r;
ciM, ~ad? ad ~vKy. p~Yabl~ a~aid MORTGAGEE u i1~ In~~~t en~y ~pp~ar. ~nd e~ch ~nd ~w~y ~ucA poiicy ~A~II b~ prpnptly aa 9n~d •nd dNiv~~~d ~o +
~ny Mld by wW 1NORTGAGfE ~s fwher securiry lo s~id mo.tpp~ d~b~, u~d, nw I~u ~h~n r~n t10) days in ~d~~nc~ oi tM •api.a~ion of ~ach potrcy, to d~
liw? ro ~aW MORTGAGEE a r~n~wal tMrw(, ~op~d+N wiM ~ nc~~p~ (or ~M p~miwn oi wch r~new~lr ~nd th~r• ~MII b~ no f~~~ or wiedaan~ iMw~nu
pl~pd on u?y o/ ~aW b~ildlnp~. ~ny Int~r~p tMr~iA O~ p~rf fhtrlO{, unl~ in tM form ~nd w~th ~iN loa payabl~ •for~widr ~~d in tM ~v~nl ~ny ~un+
d morwr becanu p.ypN w+d.~ :~cA polky o. po1K~.+ ••~d MORTGAGEE •Mtl h.w ~M op~an ro r.c~~~• •~+d •pply rM e~m~ on ~ccoun~ of tM ird~b~ed~
n~ Ncvr~d Iwr~by a a pKmi~ ~aid MORTGAGORS ro rec•iv and uN it a any pan tMreof for o~hcr purposez. w~~hout thereb~ waiv~~~ a~mpair-
Inp ~nr p~rify, li~n or ~ipht undN w by virru~ of this mortpp~r ~nd in tM ~vtn1 N~d MORTGAGORS sh~ll fo~ ~ny r~awn (~il to ke~p tM ~+id pr~nnisef ~o .
kuwed. w(~!1 to d~livN promptly ~ny of ~aid polKies of inavrance fo N~d MORTGAGEE. o~ f~il promptly ~o pay fully •ny pr~rn~um th~r~fa a in ~~Y
n~p.ct fail a pa(wm, d~uh.r9., •aKUt~, ~ffM, totnpl~t~, tomply with ~nd ~bid~ by thi~ toveMnt, p any p~n harwf, s~id MORTGAGEE m~y pltct and
paY fa ~vch Irour~nc~ a~ny pan fMrwi w~~hout w~iviny a~H~ctinp any opria~, lia+. puiry, a ri9h~ under a by vir~w of ~hi~ Mwrpay~. ~nd ~F~e
full arno~nt of ~ach u~ •..~y such p~yrnem sMll b~ imm~di~t~ly dw +nd p~yabl~ and ~MII b~~r intN~i~ from tM d~~~ tMr~of umi~ p~id th~ rat~ ol
nim pa unwm pK annum and to~tAer wi~h such interc~t ?hall b~ ttcured by tM IiM of thif mat9+yt.
1. To pKn?it, commlt w~uffK no was~~, knp+irme~t or de~eraration ol ~~id propaty a~~y p~n therwf.
S. To p~y all ~e~d slnpulr th~ co~rs, charpet +nd exp~nNS, ir?cludinp a r~~sonabl~ ~ttwn~y'~ (e~ ~~d cosrs of ~bu.acn of tit~~, incurred w p~id
aq Hnw by ~aid MORTGAGEE, b~cau~ a in th~ ~v~~~ of th~ t~~lw~ on tM p+?t oi ~M ~a~d MORTGAGOR to duly, pr«nptly n+d fuily pe.fam, d~scMrg~.
~:~t~. ~N~ct. cwnpbq. canpty with ~nd ~b~de by e~d+ +nd wNy tM ~tipula~~oen, prNm~nts, cond~tions, ~rd cown+nn oi s~~d p~omiuwy note and tAis
matpp~ ~ny a ~i~F~. ~nd s~~d cwts, ch~r9~~ and ~xp~nses. ~~ch ~nd ~wry. ~MII b~ immediately dw ~nd p+y~bt~: whe~h~r a not rl,er~ b~ .wrice d~
enand, ~tMmpt lo co1tM a wit p~ndinp; ~nd tM full amount of ~~ch ~nd wery ~uch paymtnt ~MII besr inttr~s~ from the da~e thereof u~til p~id ~t tM "
~at~ o( nim per c~nwin p~r ~nnum; and all said cosn, charges and expenses ~ncurnd w p~W, toy~~her with such intMN4 ~F?~11 b~ secur~d by tM li~n of thi~
Twtpp~•
b. That in tM ~v~nt of any bexh o~ thi~ Matpay~ w d~f~ult on tlr pah of tM MORTGAGOR, w(b) i~ tM ~veM ~ny of ~a~d ~un+s of mon~y
Mnin ~tfKr~d ~o b~ not promptly ~nd fully p~id within thufy (30) d~ys neY~ •fre. th~ i~rr~ ~ver~lly becom~ due u+d payabl~. W1IFIOUI dffM~ Of f10~Kf.
w(c) in tM ~vtM eKh ~nd ~vNy IM ~tipul~tion~. aflre~m~nt~, condtions •nd town+nn of u~d promitsory not~ and th~s morrppe ~ny a ~~1Mr u~ no1
luly. pranp~ly and fully p~rform~d, d~xMrpad, ~7lKUtl1~. ~ffecltd. compl~ted. canpli~d wi~h and •bided Sy. thN+ in either a~ny ~uch ~v~nt ~M ~~~d ~g
ap~b wm m~~tan~d in s~id promi~wry not~ tMn r~maininp unp~id, witA int~r~~t ~cuwd, ~rd all mon~ys tecund haeby, sAall b~aan~ dw ~nd p+Y
~bl~ tortAwith, or tMr~~AN, a~ tM option of :aid MORTGAGEE, a~ fully and compl~uty if all of ~h~ ~aid wrru of mon~y w~r~ o~ginally ~Npulued
to b~ p+7d on wcA day. a~+ytAinp in u~d pran~uwy note a in ~hi~ Mwt~p~ to tM contr~ry notwithaandinp: and therwpon a thereaher a~ tM op~~on of
uid MORTGAGEE, wi~hout not~ or d~m~nd, ~u~t a~ law a in puity, tMrefw~ a tMr~af~K be9un, may bs pros~cuted if ~II morKys Ncur~d her~by
h~d mawr~d prwr to in tMtiturion.
7. Th~t in tM ~v~nt that at tM be~inn~~g of a ~t ~ny ~im~ pendin~ ~ny s~~t upon this Mo.tpape, w to fweclos~ it, w ro r~form i~, a to a+fwa
paymeM of sny d~irtu Mrwnd~r, a~~ MORTGAGEE ~h~tt apply to th~ Cwn Mvinp juri~dittion Iher~of (o? tM ~ppo~ntm~nt of • Rec~iv~~, ~uch CouM sAall
Forthwlth ~ppoint • nc~iv~r of satd matpp~d property •~I •nd ~ir.;~ut~r, includ~ny •11 ~nd ~inyul~r ~h~ inconu, p~ofir~, i~aw~ and rw~nw• (rom wh~t~ver
wwa daiv~d. ~ad+ ~nd ~vtry of whKh, if be;np •apre~sty und~rarood. w Mr~by mwt9~yed if speufK~lly set (or~h ~nd dtwib~d in tM pr~ntinp ~nd
Mb~ndwn clavs„ hN~of, u+d svch Itec~i~e. ~MII Mv~ •II th~ Moad and effea~v~ funcnon~ ~ed powen in aeywn~ entruated by • Coort ro• Receiver, ~nd
wch ~ppotnfnwM thdl b~ mad~ by such Court ~t ~n ~dmitted tquity and • mattp of ~bso~u?~ riyht to uid MORTGAGEE, ~nd witAout reftrenct ro tM
~au~cy a I~adeqv~cy of tM v~lw o} tM prop~.ty matpaqsd or 1o t4+e wlv~ncy or inwlvency of s~id MORTGAGOR w th~ d~f~nd~nn, and rMt ~uch
r~nta, profin, Ineoen~, iu~n ~nd rw~nw~ ~II b~ ~ppl~~d by ~ueh R~t~iwr ~teordinp to 1M li~n w~quity of wid MORTGAGEE ~nd th~ praet~u of ~ueh
Cowt. . ~
To d~ly, pranptly ~nd fvlly pMfwm, diuiurp~. f1tKYf~. ~H~ct. compl~t~, comply with and ~bid~ by ~ach and ~wry tM atipul~tto~t„ p~Nmw?»,
oa+dltlar ud sov~ms in Nid promluwy nw~ ~nd th~~ mo.rpp~ Nt fwTh.
9. that M tfi~ w~nt tM ownenNp of tM mwtpp~d pr~mi~, a•ay p~n tM?wf, b~co~n~s w~t~d G? ~ p~rwn oMa tAan tM MORTGAGOR, tM
MORTGAGEE, iM wccNw.a N+d ~t~~pm, may, wirhovt nofice to tM MORTGAOR, dNl with ~uch ~uccHwr a~ucceuw ie int~nn with ~~f~ra?a ro thu
enwtpp~ ~nd fM d~M her~by ktur~d in tM sam~ m~nn~r a~ with Mortp~pw without in ~ny w~y vitiNlnp a di~cM.yinp tM Mott9~pon' Ibbiliry 1~?
w~dd a upon tM d~bt htr~by Mtvr~d. No ~~1~ of tM pr~miNt ha~by mortpp~d ~nd no fwb~ar~nc~ en ~M p~n of tM MORTGAGEE or ft~ sucuuws
a aalpm ~nd no ~xt~mlon of tht tlm~ fa th~ p+yrr~nt of ~M d~W Mr~by ~avr~d plwn by tM MORTGAGEE w in ~ucauon a as~ipro. ~MII op~r~a
b rN~aw, diaherp~, modify dwnp~ or ~ff~ct tlu wip~n~l li~b~Ury of fM MORTGAGOR Mi~in, ~NMr in whol~ or In put.
10. It b ~p~ciflully prNd tMt tim~ i~ o~ th~ HNntf of tha com?~cr u+d tMt no wstwr oi ~ny oblfp~tion hKwnd~r or of th~ obliy~tion u-
cw~d Mr~bp ~MII n u~y tlm~ ther~ah~? bt Mld to b~ • w~ivM of tM brm~ Mnof a of tM Imtrw~wnt Ncur~d Mrby.
11. In ~dditlon to th~ fwpo:rq monthlY p~Ym~nn of princ'p~l ~nd int~r~~f rpuind by tl~e prom~~~ory not~ ~ecund Fw~~bY. mwf9~Qo~ coweMnts
.nd pr..~ ~o pay ro mo?~p.y.• with ~~ch monthly paym~nt ~n ~dd~rionaf ~wn ~~t~msr~d by mwrpage~ to b~ ~q~~l to 1/12 of tM ~nnv~l co~t of tM fdlow-
A-AII real prop~ny ta:e~ I~vled o. aue~sed ~flatn~t the ~bov~ d~~cribed red ~~tat~.
S-Fremiumt on fi?~ and windsto~m insurant~ a~ h~rc~n requ~red to b~ tarried o~ tM improv~m~ntt ~itu~te on ths ~bov~ detaibed pr~miata.
i C-Prtmium~ on such mortg~y~ qwr~nty inaur~r.c~ mo~tysps~ ~hall f~om timt to tim~ de~m fit to c~rry on the b~n tecured Mrebr.
~ Mort9ip~e shatl from time to tim~ notify mort~ayor in writ~np of tt+~ arnount du~ •nd p~y~bl~ Mrwnder ~nd tuth ~um thall tMrwpon b~ dw and
~ payabl~ on t!?~ dw dat~ of th~ next monthty payment •nd e~cA ~uct~~~iv~ month th~.e~ft~r until mwtppee sh~Il ~otify mort9aflor of • chanpt in such
~ •mount. Such ~ums ~hali b~ ~pplied by morrQ~yee roward ~he payment of r~~! prop~ny t~x~~, in~ur~nu prem:ums. snd morty~ ywr~nty inswanp
prHniwns.
IN WITNESS WMEREOf, th~ ~~id MORTGAGOR hs~ herevnto att hi~ hand and ad tM day ~nd y~a? fint afor~s~fd.
~ Stpn~d. S~~led ~nd d~HvN~d in tM prtNnt~ of: ~ _ - - ` / / ~
Y/r•-a.tl -c,at~L 4
~'i1_. ~ t~ Dc~_.rr~~ eP ercmm iQ ~
~
_ _ nn er m ~ ~ ~
~ STA7E Of fIORIDA .~i ? ~ i,-~~ ' , -
~ courmr oF 5t . Luc i e ~ ~ ; ~ _ .
~fp~ ~~~i~ ~ Der rr1 1 Lecr Ah~rcrombi~=
Y PW+nd ~ -l6~L ' ~ r: - ~ se~d
JoAnn Abercromhie t,h wlf~, tb,eei~.w~ll knowri'~nd•known b re» to b~
tM Indlrldwls dNafb~d In ~nd wiw ~a~tutd tFM fortqolrp IMtrvrrnrlt,.~nd ~eknowl~dp~d b~fon erN th~t NNy` ~~1i1~,t~•sim~ fvr tM purpwM
~ ~ ~ M JoAnn Ahercrombie , ` -
Derrell Lee ercrom ie
~ wH~ ef fM wId opon ~~r~N ~nd phaN
~:~mtn~rbn by en~ t~4~n Npo~N ~nd ~part from I+K wid hwb~nd, adcr+owl~dp~d w~od b~fon nr tMt ~M ~x~wt~d uid Imtrmmnt fn~lr and volum
r~rily M+d witfiout ~ny eon?pubion, eanr~~Mf. ~ppnMnuon~a f~ar of or froen Mr Nfd hwb~nd.
WITNESS my hand Md offki~l aNl tbi~ d~y a{ t A. D. 19 7f3
~ _ \ ~ ` ~cl~
" Not~ry R~ib~ In ~nd fa tM SI~» oi Florid~ ~t t~r~
~j Mr Wmmwion ~:p(r~u
~ R~tum Ta
Ftr~t F~d~nl 3avfrp~ i loan /uwci~tion
OI Forr Pc~rc•. Kflt=ry pubi'ic, Siate ol ~la:di at la:g~
~ con Pbrq. cio.td~ ~ Coma~issio¦ Exp~ies Auq. 30. 1980
~ • N~dw b w~io~.. s c„~.r, =a~v+~r
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This Instrument Prepared ByGary F. El lwooci `IED.ANO RECORDED
- Firit Fsd~r~l Savinqs b loan Association ~r• qp
IERCPO TRAS `A
of Fo~t Pierce CLE4K CIRCUtT CQU T
Fon Pieres, florids 33450 f~ vc~~f~ED
~ Checked By ~ - ,laN 11 3~o PM'7~
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