HomeMy WebLinkAbout0648 To pbc~ ~nd ca?Hnuou~ly kNp on ~M buildu+p~ now a MnahM w/wN or ~~~d I~nd Md on ~11 ~Qviprn~nt ~nd pMO~~lly tovK~d by ~hi~ rnap~
p~ witA ~!1 p«niwM ~hr~on pa~d in full, fir~ in~ur~nc~ in ~h~ v~w{ u~nd+?d p~ky lam. in •~wn ~pp~or~d by tM MORiGAGEE. u~d w~nd~!aT
in~,w~np y~ d,~ wwt uaed~.d po~~cy fam, in ~ wm ~pp~ov«I by th~ MORTGAGEE. W+ wch canp~ny w ca*wMp N tM M10tTGAGEE iway
dir~t ~nd ~It fIn ~nd wind?arm in~wa~+a po~~c»s on ~n~ of wid bui1~1. M1y {NfH~N fMI1u~ W pi?1 Ihfrl0l, in ~M pqrp~~~ wn~ ~fa~wid a
In ~ao~a rMrwf. ~MII conuln ~M wwl ~e~ndwd ~+wnypN clws~ a wd~ o~Mr clwN ~s ~M MwtppM rn+y rpvu~. makieq ~h~ Iwa w+dN u~d pd4
clN. NcA +nd waY. WY~~ b~+~ ~RivAGEE as ~n inN.~~t ~y ~pp~a~. Md e~cA +nd w~ay wcA poi~cy ~MII b~ promD~ly aa.yn~d a+d d~livN~d ~o
aqr MW by wid MORTGAGEE N fwtMr Nturity to ~a~d mortpp~ d~b~. and. nof INi than qn (10) d~y~ lo ~d~artc~ oi tM •apiration of ~ath policy. b d?
liw~ ro Nid MORTGAGEE • r~newd tMr~of, ~op~~l+N witA ~ nc~ip~ fw rl+~ p.~niwn of wcA r~w~l~ ~nd ~Mr~ ~hall b~ no Iw~ a wlnd+~aw~ 4yww~c~
P~aad on ~ny ol a~d b~lld:~a, iRy h!N.N1 1hM~if1 M p+.t tM.wf. w?1~w 1n tM tan~ ~nd with th~ lou P~r~bl~ afa~s~idr ~nd tn ~M ~v~m ~ny ~ww
of erwn~y b~com~~ ps~raEt~ und~r such poticy a pol+ciN Nid MORTGAGEE sMll Mw ~M opr~a, a r~c~iw ~~+d ~pply ~1~~ wm~ a+ ~csa+^t o1 ~M H~d~bted~
e.a ~.cw.d Mr~by w a pKmi~ w~d MORTGAGORS ro.~c•iw u~d vw I~ a•ny pu~ tM,eof Iw ofher pu~Ewse~. w~~hou~ ther~b~ w.~~~,.9 a urp+ir-
Mp MY pu~tY. ~i~n or rphl w+dM or by vi?tw of thia mwt9p~j a~d in 1M ~wnt ~aid MORTGAGORS sMN fa ~+y ~~uon f~il,w k~ep tM ~~~d p~vni~s w
I~wr~d, w i~il b d~livp promplly ~~ry of ~id policies of iesurante 1o w~d MORTGAGEE. a f~il promprly to p~y fvlly ~~y~ p~~mium fMr~fa a in ~nY
nsp~ct f~ll w~pafprn, dittharp~. ~a~cut~. ~ff~ct, cwnplet~, canply wirh s~d abid~ by ~h~~ cov~~an~, a My pa~t Aa~o}, i~~d MORiGAGEE RNy pIK~ ~M~
WY for ~uch Inawwrc~ w u+y put tAereof wirAoW walvirp a~Ff~ctG+q ~^r oMion. U~n. ~4u~?Y, w?qM v~d~. a bY vinw of ~hi~ Mo.t9ap~. u~d tM
full srnounl of ~ath and ~v~y wc1+ WYm~nt ~MII b~ imm~diat~fy dw uid p~Y~~ ~~+d ~MII b~~~ intN~p from tM da~~ thHwf u~til paid ~t tM r~1t ot
nine p~r pntwn pN ~nrwm and toge~ha with wch int~r~s~ shall W t~cur~d by tM lien of tha inatpp~.
1. To p~rmH. ca~nJt w wff~r no wab. impairm~nt w d~tK~a~tion of ~aid propaty a ~ny parf therwf.
3. To p+y dl a~d sMpular ~i~s c~t~. cMrp~s ~.~d •xp~ includinp ~ r~aanabl~ ~ttaney i fee ~od co~u oi ~b~tr~cn of titl~, i~c~rr~d or p~~d
~r~y tirer by s~id MORTGAGEE, ba+us~ a in tM ~vem of ~h. t•~Iur• a+ ~M pan of ~M s~d MORTG~??GOR w dul~. p~ompNy and (ully p~rlwm, dnchuy~-
•aetut~. tffM. wmpkt~. ca~~Ply with and aD:d~ by ~ad+ •~d .w~r ~M •~sputa~~om, .qr..n+.nn. cond~~ioa~. .nd cown.nn o~ ..~d pran~s,o.y noM and fhi~
morqap~ iMr a~iriw~. ~nd ud cosn, cMryes ~nd ~xpe~ses. ~~ch ~nd w~ry. ~MII b~ Emmrd~at~ly dw M+d pay~blr, whe+Mr a no~ ~Mr~ b~ norK~ d~
nna~d, ~ttempt to colbst a wH p~ndu+pr +~d rM tull ~mount of tach +ed rw?Y such WYm~~ ~Aall b~ar i~t~rnt from the dar~ tl+awf w+fil paid ~t ~he
rate of niM pa c~nrum p~r a.~rn;m; end all s~id co~rf, char~es ar+d ~xp~ns~t incwnd w paid. ~op~~hM w~th ~uch intar~ft, ~hal~ b~ sscund by tM ti~e~ ol this
^~ortp~p~•
0. TMf (a) i~ tl+~ ~v~n~ of ~ny b~ach of th~~ Mortpap~ or def~ul~ on ti+~ p~n of tM MORTGAGOR, w(b) in tM ~v~r+t ~ny oi sa~d swns of mon~y
l,N~tn IffNt~ ~o b~ ra~ pornp~ly ~~d fully p~~d w~rhin th~rty (30) d~y~ neat afta tM ~an~ Nw+~11y D~corn~ dw •nd p~yabl~. witlWNt dfrlNNd W 1W1Kf.
or (e) In tM w~m ~aeh ~nd ~wry tl+~ stipula~ions. ~9~~nh. eon~iriont and eov~nn ol N~d proeniuuy no» and thh ma/qap~ ~ny w~itl+N ar~ ew
luFy, promPtly ~nd fully p~rfo~m~d. d~aharped. ~,eecur~d. ~ffea~d. compbr~d. complwd with ~nd ~bided ~y. tMn in ~i~M~ or any iucA ~wnt ~M sud ~ .
prp~N ~wn nwmioMd in s~fd p~a*~i~y not~ then nmai~inp w+pud. with intHq~ ~cvwd, ~nd all morwYS s~cvr~d I~er~by. ~h~ll bKOn?~ dw and pay-
~bl~ fp~hwith, a tMr~ahe~. ~Fr option of s~id MORTGAGEE. q fully •nd co~bqly if ~IF of tM said wnu oi mo~~y w~r~ pi~iMlly ~fi~11~1ld
ro b~ paid on ~uch d~y. ~nythinp 1n u~d p.omiuory note w In this Mortyp~ ro tM contrary notwitM~u~d~ny: snd ~Mrwpon u thsr~~he. at tM op~~on of
wid MORTGAGEE, wirhout noi~ or dtmand. wit at I~w oi in puity. thatfw~ a tha~~fter Myun, ma~ b~ proHtuted if all ma+~ys Ncw~d Mr~by
hd rna~vr~d prw? to i» irnfitu~ion.
7. Thaf in tM ~wnf that ~t tM b~ginni~g of a ~t ~ny tim~ ~endinp ~ny wit upon th~s Mort9p~, w to faeclos~ if, OI t0 f~fO~T N, or to ~nfo~c~
payrrKnl of ~ny cl~ims Mrwnder, ~aid MORTGAGEE ~h~Il ~ppty to tM Couh f+avin0 jwadiction tMnot fw ~M appantm~wt of • R«~~vN. ~ucfi Coun sMll
FwthwNh ~ppoint ~ nc~iw? of add mortp~p~d property ~II ~nd ~inpulu, [nclud~np ~11 ~nd sinpvla~ ~M incom~. profits, iuws and rwN+wf fran what~v~r
wuru daived. auh ~nd ~wry of which, it b~inp expreuly und~ntood. h Mnby mwty+p~d a~ if "spic~4k~tly Nt for~A and d~strib~d in tM y~ntirq ~nd
h~b~ndum dawN hNwf. ~~+d wch R~c~iver aMll Mw all th~ brwd ~nd ~Hectiw f~nawm and pow~n in anywiN .nuuped bp a CouN ro• Rsc.ivu. ~nd
such appointm~nt ~MII b~ m~ by ~uch Cowt ~s ~n admitt~d equiry ~nd ~ emnK of absolute riyh~ to wid MORTGACaE~E. ~nd ;witAow nf~nnu a tM
~dpvaey p Imd~qu~ey of tM v~lw of ~M p~op~rtlr mw~yped or to tM wtr~eKy a in,olv~e~r of wid MORTGA60R or tM d~f~.~d~nn, and tAat weh
r~nn, profiu, b+can~, iwu~s ~nd r~v~nws ~lull b~ ~ppli~d by such R~c~iwr ~tcadin~, to th~ li~n w pvitp of s~id MORTGA(~FE ind tM pr~ttk~ of ~uch
Cowt.
e. To d„ti, pranptly snd futlp pNform, di~cMrp~. ~x~cuu. ~H~ct, carpbt~. comply with ~nd ~bid~ by ~ach ~nd w~ry th~ atlpul~tion~, p?~n».
conditbns ~nd cov~» in u~d pran4~wy nor~ +nd ~h~~ mo.rQa~ s~t forth.
9. ThN M tM rv~nt tM own~nhlp d tlw mort9W~d Pr~rni~a, a~Mr paA Marwf. ~cann vMt~d M• p~non othsr tMn tM MORTGA~iOR, th~
MORTGACEE, N~ wcuwwa ~nd ~uipm, n++y. without notit~ to tM MORTGAOR, d~al with ~uch succ~uw or tuaeuor in im~rNt wiM nf~r~na w thn
mo.fpp~ u~d tM d~W i+K~bp wew~d in Na sa~ nunewr ~s w~fh Mo~typor without In ~ny w~y viti~Nnp a d~uharyinp ~M Mat9apo.~' U~bility Mrr
~rd~r or upon tM A~W h~r~by wcvred. No ut~ of ~he premif~f hK~py nanpp~d and ea fabN.~nc~ en rM p~tt of ~M MORTGAGEE a It~ wayawn
o. Ns{pe~ ~nd no ~a~~erlon of tF~ r~m~ fa ~M paym~m of tM d~M Mnby Mew~d Olwn bp ~M MORTGAGEE w ib sucawws a u~ip% ~hall opw~f~
ic rNNN, diKMrp~, nwdify tMnp~ o? ~ffKt tFw orlpin~l Ii~bility of tfw MORTGAGOR ht~tM4 ~ifhM in wlwl~ Or In p~rt.
10. It b sp~cifk~lly ~pnsd M+at tim~ i~ of th~ e~Knc~ oi thi~ comract ~nd tMt no walwr ot ~ny oblip~t~on Mr~w~d~r a of tM obllpation k
cur.d hu.bp •1~.u n any Hm. rMr..h.r b. h.~d ro b. • w~ivK of rM tKnr Mrwf a of tM Inatrum~nt s~cw~d h~rby.
11. In ~dd~tfon to th~ forpo:np monthly p~ym~nb of print pal ~nd im~n~t rpuir~d by tM pro~niswry noh ~ecund h~~~by, mortyapor covM?~nri
ind pr~et to pay to mortyp~t with ~~ch monthlY p~Yrr»nt ~n ~dd~tion~l ~un+ „tim~t~d by mortpq~~ fo b~ pvd w 1/12 of tM ~nrw~l cost of tM fdlow-
Inp: .
G A-All real prop~rty uxa I~viced a a~sased ~ys~n~t rM ~bov~ d~acribed nd nt~».
~ a-Pr~mivmf on fir~ ~nd winduorm cmu~~nc~ ~s F+~rein rpu~red ro b~ cur7ed on the ~mprov~en~ms •iruate on tM ~bow dssuibed pr~rniNa.
C-Prtmium~ on such rtartyaye yuu+nty iniur~r.c~ ~s morty~yt~ ah~ll from t~~ to tirrN dNnf fif to c~rry on ths Iwn ietur~d Mreby.
Mwty~yN ~hall from time to t~m~ notify mor+y~yor in writ~np of th~ •mount dw and p~y~bl~ Mr~unde. ~nd ~uch avm ahall tMrwpon b~ dw ~nd
E pay~bl~ on th~ du~ d~te of th~ neit monthly payment •nd tach ~ucce~tiv~ month tMre~h~r until mo~tpaye~ sh~ll notify mwtpa~o~ of • cMnp~ in such
~ •mount. Sud+ ~wm ahall b~ ~pp6~d by mwtp~ee foward the p~ym~M of r~al prop~rty tu~s, insura~u pren+:wns, and matyaQe ywr~nty inwranp
g pr~miurM.
~ IN WITNESS WMEREOF, tM uid MORTGAGOR ha~ Mreunto at hi~ h~nd ~nd Nd rhe day ~nd~re~r fint ~fa~Nid.
~ Slpmd. S~al~d ~nd dsUwr~d In tM pr~eec~ of: •
~
s ':n - Arvacia 1~~. ~chofield ~ ~n e. :~d ~
3 ~ t . .
~ S. ~ - ~J , .a . ~ ~ •',t ~ ~ _ /`y~ fS~~~ .
~ ~ r - - - T~, . - -
STATE OF FlO1tIDA 1,,
~ _ ~~r . :
~ COUNTYOf ~t. LUC1c~ ~ ~
~ Ar vacia i~~. 5rhofiPld, sin~le adtl3tt~ `y - _
d~fon nw p~nonally ~pp~~r~d ~ ~
~ 7i0C 1F1NXro erw vr~fl lypvw+ _L'eid ls+p+ld to nw to b~
~ t1w Indlvldw.' d~wib~d In snd who ~x~cutd tFw forpoinp 4ntrwmnt. ~nd Kknowbdp~d b~fon rt,.~ she~x~M~'N»•MnM'''for th~ pwPo~M
IMt~MI ~7lp/MNd. 1~Dl~~~1~.:'~YY
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~cr~M ZWfdirlAi~+~~ii~i#fi]fiK Yp~i~fi7i4~lf?XfYii~ ~ol~ ~ri~~f?~iiAi~ hi~i1~14`~k
~ NfRNES3 niy h~nd ~nd offkid wd tfih 30 t h d.y ~ • J a n u~~ r ~ o. t9 78
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Not~ry P~ Ik In ~nd fw tM St~h of Fbrfd~ at l~r~
Mr Comm~ u~pinu
- R~turn Ta.
~ FIrN f~r~l Srvtrqs i lwn /uwti~tion
~ ~ fo~ P;.,~.. 3.92309 N
Fo.r v~..u, FIaId~ Otiry ~ic. State o~ Florid~ at lsrq~
' f.~Y ~OfA:."..'i:i:: L.:; .'Jy. ~7a0
~d~0 11 Ar~~..a. • e.~+~Y~ Go~y( ~
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~ Thi~ Instrument Prepared By R i c k Tc~ e t s Q~3
~
First Fed~r~l Savin9s d. Loan Associstion fl~Q~ A1l0 RECORDEG ~ ~ ~
~ of Fort Pisrce s~• tuc~E COuNTr F~,~. ~
Fort Pierce, florida .33450 ROCEit Pp~tRA$ \,~L
~,EF.?. CIF,~UIT CCUR' .
~ ~ ~~EO
~ Checked By ~ JAH ~ I aooK 28~ ~~47
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