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HomeMy WebLinkAbout0481 To plac~ ~nd contirwovsly kNp on ~M bui:d~nps now w M.~~(~~. W~wn or ~•id ~~nd ~nd on •11 pvipm.n~ •nd paanatly cov~~d by ~hi~ ma~ ~Q~, witA di pr~+niwm tMr~on p~~d in (vtl, f~~~ imur~nc~ ~n iM wu~l ~I~~~~d Pplity (O/T. tn •~wn .ppro~.d b~ rM MORTGAGEE, ~nd winduorw~ y+~wa~q in th~ vwal uu~d~rd pol~cy fam, in • wm ~pprowd by rM MORIGAGEE. ie ~ucA caep~nr a ca^w^~N N tM MOR~GAGEE n~+1r dk~ct~ w+d di tfn ad w~rorn+ inw~anc~ po~~c~~ on ~ny oi N~d bvitdps, ~ny inar~~~ ~M.eio a pan ~M.wf. in tM pprpa~ aww ~t«~wid a In ucpM tMnof, ~Aall conuin tM uiual sundud ma~9~pN cl~ua~ a~uci+ aha d~vs~ a N» Mo.~9wN nwy rpuw~. m+?i"O rM Iw~ w~dN N'd P°~4 cI«, Mch a+d ~w~Y. p+Y~bN p Nd MORTGAGEE u it~ inqrest m~y ~pp~a. ~~d ~~cl+ ~nd ~vNY ~ucA Po~~cy thall b~ pra*ptly ~u~pMd W+d dtlivK~d W amr MW by w~d MORTGAGEE a fwtMr ~ee~rity ~o ~aid ma~p~q~ d~bt, •nd, eat I~s~ tMn t~n (101 d~y~ M ad~anu oi t!r ~:pirNion of ~aeh poliey, 1o da tiwr to a+d htORTGJlGEE s re+ee.val thcseaf, ta~arh~r wFrh a rec.+p+ ~a p~*+*+~ 0/ ~•~w~l; a~d ~Mr~ ahall b~ no f'u~ a winda~ain Ieu~x~nt~ p1~qd an ~ny of s~W buildinp~. ~ny )nt~~~ th~nin a put tMr~of, unl~s~ In tM fam ~nd wi~h ~M bu P•r.bi. a•fa•Nid, Md u+ tlw ~wM ~ny ~wn ~ of n~oMy bson»s p~y+bl~ w~da such Po1kY w po~Ki~ uid IMORTGACsEE aMll Mw tM opNOn ?o r~u{v~ ~nd ~pply tM wm~ on ~ccou~~ d tM 1^d~btd' n~N Mcw~d Mr~by a a pNmit wid MORTGAGORS ~o rK~iw ~nd uN it p~ny pat tMreoi la oti+er purpot~f, w~~hovt Ih~rebr w~ivinq w anp~ir- inp a~y p~ity. li~n a~iph? und~. w by virrw of tFu~ muty~~ u+d in th~ ~v~nr aid MORTG/1GOR5 ~hall (a ~ny ~s.wn t~il ~o kNP ~M u~d Pr~^'i~ a p(~(~ }6 ~Iiv~t p~pmptly ~ny of said polieie~ Of inau~~ne~ 1o said MORTGAGEE, or fail promptly to pay fully ~ny pr~miuen tM.afw p in ~~y rMp~tt f~ll b p~rfonn, diacMr~, ~x~cur*. ~ff~ct, co~l~t~. complY wirh ~nd ~bid~ by ~1+~s cov~nant. a~ny part he~eof, s~~d MORTGAGEE m+y pl~u •nd ~ paY fpr such hyw~nt~ o~ ~ny part tAerwi withovl w~ivinp p aft~ttinp ~ny option. iNn, pvity. o~ rq1~t undN a by virtw o4 thls Mo?typ~. ~nd th~ fvu Mnoum of ..cA .nd .wry wd+ ar~++•n+ ~~11 b. imm~diudy due ~nd p~y~bl~ ~nd ~ha1t b~u in~er~~~ from ~M d~a MN~of until p~id ~t tM rN~ ot nieN pN cMtvrn pa ~nwm and toqether with wch inraest iMll b~ ~~curtd by tM 1'~a+ oi thi~ mwtqp~. , 4. To p~rn+iL oornnat or wf(K no w++b, impairm~nt or dtbrior~+ion of ~aid prop~rty o? u?y part therw~. S. To p~y •II ~nd sinpul~r tM cw», cl?~rpe~ ~nd exp~nws, ~ncludirg • nawn~bl~ at~orn~y'~ fN cosrs of ~buracu oi tit1~, Incun~d w p~id ~ny tirrw by wid MORTGAGEE. buuw a in tM ~r~nt of tM bitun oe tM put of ~h~ uid MORTGAGOR ro duty. promPdy ~ed futiy p~rfam, dbcha~ ~:~cuq, ~M~ct. compleq. aomplp with and ~b~de by ~acA u+d ~wry t!w flipYl~tipf~, ~rNrtNnH, COnditiOfl~, ~tMI wwnann of s~~d pran+~iwy no» ~nd th4 mo~tpp~ any a~id?N. and u~d coan, cMry„ ~nd ~apenses, ~~ch ~nd w~ry. ~MII b~ immed~N~ly dw ~r~d p+y~bl~: wlwrMr w not• tM~~ b~ eotiu dr inr+d, att~mpt to eotl~ct or wit p~ndinp1 ~nd tM fvll ~moum of e~ch ~nd wMy wch p~Yre~nt aMll !»a. inr~r~s~ fran ~M d~t~ th~.eof until paid ~1 the r~t~ of niiw p~r ctntum p~r annum; and all uid costa, charqc~ and ~xp~ns~s incurred w paid. top~t?wr wnh ~ixh intNNt. ~hall b~ s~cvnd by iM li~n of thu nWrfp~p~• . 6. Tk~t (a) in thc ev~nt of any bnath of thu lNorty~ w d~f~vlt on tF+~ part of ~he MORiGAGOR, or (b) i~ ~M evem any of u~d ~vm~ of money hKein nfNr~d to b~ oo~ pomptly and fully paid wi~h~n th~rty (301 days next atr~r ~he s~m~ a~ve+~11y become due ~nd paYable. withou~ d~mand w notic~. w(c~ in IIN w~m ~~d+ ~nd ~v~ry tM sHpul~~iom. ~y.eemtnn. condrions ~nd cownann of s~~d praniaswy na~ +nd th~s mo?tpp~ u~y a~ith~r ~h nw luly, promplly ~~d fully p~rfwmed, d~xharped. ~xccutsd. ~tlec~ed, comPlst~d. compl~ed with and ~b~ded by. th~n in e~~Mr o~ any such ~wm tM aid p~ prp~q wm mMrarwd in uid promiuoty not~ then remainirq unpaid, with inrsnat accrwd, ~ all mor+ey~ sKUred ner~oy. ~haii b~eom~ ~iw ~nd p~y~ •bl~ }orthwith, p tMrt~hN. +f tM option of iaid MORTGAGEE, fully and mmpl~f~ly if •11 of th~ said wm? of monty vwr~ aginslly itipul~tsd ro b~ p~;d en ~uch d~y. ~~ythinp in ~~~d p~om~uory note w in this Mo.p~9e ~o tM conaary norw~~hsund~np; ~nd ~herwpon o? there~hK ~t tM op~~on of ~aid MORTGAGEE, without nWic~ or d~m~nd. ~u+t ~t law w in puity. therifa~ w tF+ereaher bepun, m~y be prw~cuted a if •11 rnoneys s~cw~d hKtby had matur~d prio~ to i» Imtitution. 7. Tl+~i in tM ~~rN ~1?~1 ~t the b~gin~~irq of 87 it iRY tiTA pendinq ~ny svit upon this Mwtpp~, w fo loredesi h, w to`nfan~ h, a to ~nfwa payma~? of any daim~ Mrwnd~r, ~aid MORTGAGfE ~h~11 ~pply ro th~ Cou~t havinp ju~i~dic+ion tMrwf fa tM appointnKti of ~ Rec~~v~r. wd~ Ca+rt ~F?+~~ Forthwlth appoint a nui,r~r of ~atd mwtpap~d prope.ty dl ~nd ainpul~r, inelud~n9 •tl ~nd ~irpular ~M ineom~, profia. htw~ ae+d i~wnw~ iran wh~lw~r wwa d~riwd. ~~ch and ~wry of whKh. i~ beirq ~xp.euly unda~~ood. i~ Mr~by mor~yped ii ap.c~fiully ~t k~~h ~nd dwatb~d tntilji prinrirp and h~bMdwn cl~uNa IKr~of, uid such Rec~iv~r ~MII Mv~ ~fl th~ kxo~d ~~d ~ff~tt~v~ }unaun~ ~nd powen in anywiN cntruit~d by • Court to a gyc~ivn. ~nd wd~ ~ppo(ntm~nt ~lull b~ m~d~ by tuch Coun ~n ~dmined puity u+d ~ m~nK of ab~olute ripht W~+id N10Ri(il1AE~ ~d~ withoul ref~r~nq to tM ~dpu~ey a Inad~qu~cy ol tM valw of tM propaty mo.fpped or to tM wtr~nty a i~w~vency of said MORTGA~t or th~ d~f~nd~nt~, ~nd N~M ~ucA r«+t~, profi», fncar», kwN and nv~nw~ ~h+11 b~ applMd by ~uch R~ceivN ~uord~np to tM li~n w puity of uid MORTGAGEE ~nd tM pr~ctiu of wch C.ourf. - To duly, p~anptly -~nd fvlly p~rfonn, diuharq~. execut~. ~ff~ct. compl~t~. complY wlth ~nd ~bKM by wch ~nd ~wry tM aNpiibtioe~„ pr~nta, oondltbna ~nd oov~m~ in sad promuwry rat~ ~nd thi~ mortp~g~ Nt fwth. 9. TMt In tM rwm ths own~nhlp of tl+~ mortyay~d pr~m~s~s. w~ny p~A therwf. b~eom~~ wshd In ~ p~rwei otMr tMn tM MORTGAGQR, tM MORTGAGEE, Ns succ~won u~d ~aipns, may, w~rhovr norice to tM MORiGAOR, d~d with ~uch wa~ua o~ wue~sor in intsnu with ~~iaenu to this mwtyap~ ~nd tl+~ d~M Mreby Ntur~d in tM ~am~ manner with Mwtp~por without In ~ny w~y vitiNtnp w di~charyinp th~ Mortpapws' IbWlity h~r~- undN a upon tM deM Mr~btr ~t+red. No s~t~ of ~hs Fr~miw~ henby monp~p~d wid eo forA~aru+o~ en ~M p~n of tM MORTGAGEE a It~ sucuuwa or ~s{p~a ~nd no ~:qrolon of th~ tlm~ fw th~ p~ym~n? of th~ d~bt h~r~bp Ncw~d plwn bp tM MORTGAGEE or in wcauor~ a+saiprn. ~t+~ll op~r~t~ b rN~p~, di~tlwrp~, modify dNnp~ or aff~tt tFw wip~n~l liabitity of 1M MORTGAGOR Mr~tn. ~itMr In whd~ or In put. 10. It M~p~cifiully prMd that tlrr» i~ o~ tFie esasnce of thi~ comr~ct and tMt no watwr oi ~ny oNp~tan hKwnda w of tM obllp~tioe w- a,nd Iwnbp ~hall a~ny tkn~ rMrNh~r b~ I+dd to b~ ~ waivK bf U» brms h~rwf a of tl+~ 4rtrum~m ucw~d Mrby. 11. tn ~dd~tion to tM forpo:np mort~thlY p~Ym~nt~ of prlnCp~l u~d IntKN1 rpuir~d by fM prawiawry not~ ~ecvnd h~r~by, mortpyo? cov~n~nf~ ~nd pr~ to pay to mortypN with ~~ch monthly p~ym~nt ~n ~dd~f10MI sum ~stim~Nd by mortppe~ ro b~ pud b 1/12 of tM ~nnual twt of tM fdbw- - ; A-AII nal prcp~rty. t~xN levied or a~N~fed apsin~t ~he ~bov~ d~acribed rcd ~st~tt. ~ , f S-Pr~miurm on fin and windiro.m iniunnu n here~~ requ~.ed to b~ urried on ~he improv~m~nh titwre on tM ~bow de~aib~d premisea. i C-Premiwm on wch mor?yy~ yuaranty in~urar.ce mortgapee shall from t;me to sime desm fit to ca?ry on t!w ban secured Mr~by. I Mortp~pN ~hall irom tirrw to tirrw rat~fy matpayot in writinp of tF~e ~mo~nr du~ and p~y~bt~ M?w~der uid wch turn shall HKrwpon b~ dw and ! pay~bl~ o~ tM dw d~t~ of th~ raxt monthly payment •nd each succe~siv~ month thereafter u~til mortpaye~ ~hall notify rrartQ~pw of • ch~n~ in wth ~ amount_ Sud+ ium~ ~Fesil b~ ~ppSied by mort~syes ~oward tM p~Y~nt of nal property t~:ss, iniunnce prem~um~, and mort9~ ~wranty irow~r?p ' premiurm. IN WITNESS WHEREOF, t!x uid MORTGAGOR M~ he~wnto ar his lurd ~nd M~1 tM d~y riar fin~ ~fw~said. Sfpmd, S~abd pd MIIvN~d n tM p~s~ f: ~ ~ W ~ e oemne ~ a narri ~ n W ia R p married adult STATE OF flORIOA ~ St. Lucie courm oF ~~~,,,i~y Robert Woem~eli a married adult William R. Briahton~ a marzied adult ~.nd know„ eo n,. +o b. tM IndNfdw4 d«erib~d M~n0 who ~x~eu~~d tFw forpotnp Irutrum~nt, «+d aeknowl~dpd b~fon ee» that tMy ~x~evt~d tM ~an?~ for tM q+rpoN~ ~ ~Mnln ~xprMUel. /Mr~hrND' - - - - - ~ifr~f~-M~rntr--------------------------~•~~~--~..-~---•---~----~--~-~-z-~~~~~~~rM?~f~InW- ~ ~~i~ni~iy-~?uww~w~t~~n~+Mw-frow?~Mir~wr~«~.-~w~arl~~i~~~Mw~~lr?~M~~wA~~s~iiMMw~~f~l~?~d.voiu- ~ a4iiy ~d• wi~Fiw1 ~wy-~ow~MA .c~rntw~1~ ~'p.~iMr- w-fw ~i. ~r-f~o~~i ~waM~d. wITNESS my h.nd •nd offkl.l ~..I rh~+ d.y of Jatfua A. D. l9 78 ~ ' -aJ ' Not~ry PuW u?~.1w tM S?~b of Na{d~ ~t Lrp~ My Coenm' ~~pk~a ~ r - ~ R~rurn Ta Noiary Qi ~ti!, S:z'.:r ei ....'a ct ~ ilrM f~dad Swtnp~ i Lwn Aawclation ~11y ~c~~.~is~,~i ._:i L~. i:~l 3 t,~:aa t. ~..r: _ ~ _ , .~,u ~ a fOft P~~ftl. - fO1t Pltfp. flOf~! ~ I I ~ v - ~ ' - ~ J. Hal Roberts Jr. ~ ~ ~ This In~trument P~epared By i • First F~d~r~l Savin~~ 6 loan Associetion ' of Fort Pi~ro~ ~lA ~ Fon Pierca, Florida 33450 ~ = ~ ~iOCER ~QtiRAS . ~ ~ CzEA1c C~aCUiT ~~JP* Checked By - ~ - ~ . . " ~ . - ~~~i~f'.?~ ~ Jaw 30 ' : ~ R 8 Q~ 2 42 PM 78 . gU~ ~ ~ P~GE ~~J 3~~~~~ ~ ~ r ~ - -