HomeMy WebLinkAbout0650 Te pIK~ utid continuw~ly kNp on ~M bvitd~np~ now or hN~~ffN ~iru~h or ~~~d INd ~nd on ~II puipre»M ~nd p~?sa»Ity covM~d by tl~i~ morty~
pw with ~11 paniw~a th~.wn pud in fvil~ lir~ imuranc~ in ~M wwl ~t~~rd polKy fa~n. In ~~un~ ~ppor~d b~ iM MORiGAGEE. ~nd w~ndua~w
MMNM~C~ 1f1 tM YW~ ~IN1f~rf! puiwy S:w.~y i i~ a:~~:,L:~ „?.i W1~tfJf~.E~, Iw t~rA ee.weanv e~ cdwn~niN N IM MORTGA~iEE ~My
~nd dl tIn ~nd w~wrn, inwr+ec~ po1Ka~ on ~ny of s~~d buiM~npa «+y Mn.~s~ Mw.~cn a pan iM.~ol, i~ tM pp.p~~~ sw~ ~fa~wid or
In ~apM ~ANwt. aMil conaln ~1w wwl s?•nd~.d ~nor~papN c~~vN or •uch aAa cl~uN u?M AAarap.. m~y rpuu~. m~ki~p rM Iwa und~r ud po1F
ciM, t~ch ad ~wry. p~~~bl~ a wM MORiGAGEE ~s ~t~ int~rr~t m~y ~pp~+r. ~nd ~ach u~d ~v~~y ~~cA poiky ~h~ll b~ pron+p~ly ~N.pn~d ~nd diliwr~d ~e
~ny h~ld by Nid MORiGAGEE N fw~Mr ~ecwiry ~o ~~id aw.+pp~ dsb+. u+d nw 1~ ~~++n rM (10) d~~s in •dvanc~ ol ~h~ ~.p~r~~ion of ~KA pO~Ky, to dr .
lirw ro Nid MORiGAGEE ~ r«wwal thHwf, toq~~M? w?rA • nc~ipt fa tM pr+miwn oi ~uch rNNw~lj and ~Mn ~MII b~ no 1rt~ o~ wii+daan+ buw~nu
pl~ad on any oi afd buildinps. ~ny iM~.nt tMr~~n w p~rt tMr~ol. ~nl~a i~ d~ fan? u+d wi~A ~M loa payable a•for~uidi u~d in ~1» ~vN+t ~ny wm
o{ n~o~y b~COn,M p~Y~bl~ w~dN ~ucA policy a po1Kw~ a~id MORTGAGEE ~MII haw ~M option w r~c~iw ~nd ~pply tM ~an» on ~cco~+nt d tM lnd~bt~
~ weur~d M~~by a a pKenN N~d MORTGAGORS ~o rec~iw Md uw N a•ny pa.~ ~Mreof fw o~he. purpo~~~, w~~hout the~~br waivi„q Or ~mp~ir-
inp ~nr puity, li~n w riphl u~~ w by virtw of tAi~ mortpp~t a+d in tM ~vtnt N:d MORTG/~GORS ~MII for My r~~wn iail to kMp tM ~aid pr~mis~s a
Mwr~d. a iail b d~liv~r p~omptly ~~y oi uid polK~es ot in~ur~nc~ to ~+id MORTGAGEE. u fa~l promptly ro pay iull~ ~ny p+emiLm tl+sr~fa a M~nY
rNp~ct fail b paform, diuM~p~. ~x~cut~, ~ffM, tomplst~. tompiY with u~d ~b~d~ by thts cov~nant, a~ny put M~~of, uid MORTGAGEE m~y p~~u •nd
p~Y fpr ~uth ieq~~ane~ p~ny paA t!w?w1 witAo~t w~hrinp a~ff~etinp ~ny option. Il~e~, pu~ry, or riyhf under a by virtw of ~Ai~ Mort9p~. ~nd tl~t
fvli «novnt of Neh ~nd ~vay ~ue1+ p~Yen~m ~h+ll b~ ~mrn~diat~ly dw ~nd p~y~b1~ and ~MII b~~~ int~r~st from ~h~ daf~ tMr~of w+tii p~id tM ran o1 .
11IM pM CM1YT ~~M1UT ~fld 10~f1Ifl1 wi~h ~uch i~e~rs~t aMll b~ t~tu~ed by ~M li~n of this mwtqp~.
1. To pamif, oonunit or wfiN no wW~~. imp+i~m~n~ or d~terior~tion of ~~id prop~+ty w~ny p~N thereof.
S. To p~y ~11 and ~inpulN ~h~ co~r~. eMraH ~nd •xpN~seti includiep ~ r~ason~bl~ ~nwney'• fN and co+n o( ~b~tr~cts oi titl~, incurr~d or p~id
~ny tien~ by wid MORTGAGEE, besvs~ a i~ tM twnt of ~h~ i~ilur~ on th~ put of tM said MORTGAGOR w duty, promp+ly +nd iully p~.fwm, d~~eM.y~.
~:~eut~, ~ff~. ea~PM~t. oomplY w~~h w+d ~b~ by ~aeh ~nd ~v~ry th~ ulpul~twea. pr~m~n». eondi~iom. ~nd eownana of w~d praniiwry noN ud thii
mwpp~ w~y a~itMr. and wid cos~s. cMrp~s and ~xpN».~. +~ci~ ~nd w~ry. aMll b~ immediaf~ly dw ~nd piY~b1~: wM+h~r a not tM~~ b~ norK~ d~
m~nd, ~tMmp~ ro oo11M a wN p~nd~nqs u+d tM full amount of ~~cl~ ~nd wNY s~+cl+ Wy^~N+~ ~MII besr int~rqf from ~h~ d~t~ tMreof until pald N M+t
r~M of nir» p~r untwn pK annur*; u+d aN ~~id cosrs. clurgea ~nd ~spa+us incu~r~d w p~~d. ~op~tMr w~tA such Inter~st. Mall b~ s~cvrd by th~ lien of Mit
'nortqp~. .
b. Th+~ i~ tM ~v~nt of ~ny br~ach of th~~ Moriyay~ or d~f~ult on tM pan of rM MORtGnGOR, «(b) in 1M •wm .ny of ~.~d svm. of n+o~.y
i+~ln nfKr~d ~o b~ not promprly ~nd fulty pa~d w~~h~n ~h~r~y l30) d•ys nex+ afta the s~m~ s~wnily be~ome dw •nd p+y~bl~. wi~hov~ dem~nd a noric~.
w(c~ {n th~ w~nt ~~cfi and w~ry ~M stiput~flons, agrKma+n. con~tan~ and coveMnn of a~d p.omisw~y not~ ~nd ~A~s n+orrpp~ any a~itlu~ ~n nol
~uh. prornptly ~nd tully pt~lwm~d. d~sch+rped. ~xecu~ed. ~ileued. compl~r~d. comp~i~d wlrh and ~b~d~d Sy. ~M~+ in ei~her or any ~uch ~v~nt tM w~d ~g
prpan ~wn mH+t~on~d 1n ~+id Wo~+iswrY ~ot~ ~h~n r~ma;niny ~npaid, with i~~a~st ~cuued, ~nd ait rtwn~yi wcur~d FKr~by. ~hall b~com~ dw and p~y~
~bl~ fo~thwlth, or t!?KNhK, ~t tM opiion of ~aid MORTGAGEE, a~ i~lly ~nd canpl~~~ly a• if ~11 of ~F+~ a~~d wnu of mon~y wer~ aipin~lly sripul~~ed
ro b~ paid on tuch day. ~nythi~p in sa:d proe+ii~o~y note w tn thii Mortpay~ to ~M co~tr~ry notwi~hsr~nd~rq: and therwpoe a thert~her ~I tM option of
•aid MORTGAGEE. without notiu w demand, wit d I+w w in ~quify, tha~fw~ or there~ft~r beyun, m~y be pros~tuted if dl maNy~ Ntur~d Mrtby
h+d matu?~d pqr lo ib leutitWlon.
7. Th~t in tM ~v~nt tMt ~t tM bpinnu+y of or at ~ny tirrw pendinp any ~uit ~pon ~h~s Mortq~p~; o~ to faeclo~~ It, or to nfwm tt, w to ~nf«c~
p~ym~rd pf ~ny d~~na haeur?d~r, uid MORTGAGEE ~hall •pply fo th~ Cou~t Mvinq juN~d~ction ther~ot for 1M ~ppo~nfinent of • RK~ivtr, wcl~ CouA shaN
(wthwNh ~ppo1M • rwive~ of ~a~d ~r.wtpped propertY ~II ~nd tinpulu, includ~np ~II ~nd ~inpul~r tM income, prof~t~. Iuw~~N+d ~s fran wMNwr
wura d~rh~d. ~x~ ~nd ~wry of whicl+, it b~irq ~xpr~uiy unoersiood, h i+serb~i ~s~s~s.i ~ t'f s~r:rx.»~ i:s r:! a~ ~~F!! !n s!a ~d
habMdum d~usei herWf. ~nd such Rec~iver ahall have dl t!» b~o~d ~nd ~ffectiv~ funtt~ons ~nd powan in ~nywiN enbuttla .bp ~ Caut ro• Ret~iwr, ~~d
wd~ ~ppdnlnrnt ~MII b~ n+ad~ by wch Cou~t ~n ~dmittsd eQu~ty ~nd ~ m~nN of ~bsolut~ riyhf ro ~+id MORTGAGEE. ~~nd , vrit6oW pi~r~ee ro th~
~dpu~cy a kwdeq~racy of th~ wlw of r1» popary monpped o~ to tM wnancr e? ~niolvsncy of wid MORTG/1GOR a 1~ d~f~nd~At~, ~i?d tlkf such
r~M~, profita, Incon», iuuN ~nd r~venw~ ~Full b~ ~ppl~ed by s~cA R~c~iwr ~uord~nq ~o tM tNn or pvity o~ s~id MW[iCsAiGEE ~nd tha p~io~ of wch
Court. ~ • ' ~
e. To d~?h. We^~Ptly ~nd fully p~rfom~. discharp~. ex~cut~. ~H~ct. comP~~r~, comply wlth ~nd ~bid~ by wch ~nd ~wry th~ sttpvlations„ ~On~n~^».
oprdit{pry ~nd oo~,~rwny in s~;d promi~wry not~ u+d this mwtyp~ ~t fath. ~
9. ih~t In tM wem tM own~nhip of tM mo.tyay~d pa~mi~~~. a any p~n therwf, b~mm~s v+st~d In • p~non oth~r tMn th~ MORTCACsOR, t!»
MpRTGAGEE, ib wee~aors ~nd ~ssprn. en~y, wirhout notice to tl» MORTGAOR. dt~l witA ~ueh ~ueeN~a a tueeessa in int~rt~t with nf~new 10 11+b
mortpp~ ~nd tM d~M Mr~by sttw~d in tM sam~ m~nner with Mortppor withovt ln ~ny w~y viti~tlnp w diuharpinp tM Morlppwt' (IaEllifr Mr?
undM or upon tM d~bt Mnby wcwed. No i+~e of the pr~miN~ Mr~by rtaAy~p~d ~nd no fab~arana en rM p~n of tM MORTGAGEE or t» wa~~s
w aNpn~ a+d no ~xr~eabn of tM tlmt fw tM p~ym~nt of tM d~bt Mnby s~ew~d ptwn bp th~ NtORTGAGEE a in woonson a u~iprr. alwll opa~t~
w rN~~w, d'acMrp~, nwdify d++np~ a~ff~ct tM wp~n~l liability of th~ N10RTGAGOR Mni~, ~Itl»~ 4n whob a k? pwt.
10. Ir Is ~c;fk~lly prNd ~har ttm~ ia of th~ nunc~ of ~hh con?rect ~nd tMt no w~Mr of anr obli~~tion hK~r or of tM oblqattoo w~
cw~d Mr~by th~ll ~t ~ny Nm~ tMre~h~r b~ MId to b~ ~ w~iv~r of ~Iw t~rm~ iNnof a oi tM Inatrurn~nt s~cw~d hNby.
11. In ~ddition to fM ~wpo:~+p monthlY p~YrrKnr~ of prirK pd •nd Int~ntt hqu'u~d by tM prom7uory nor~ ~ecvnd ha~by. matppot cov~n~nri
and pr..~ ro p•y ro morrqp.. w~th ~~ch monthly payment an ~dd~rio~al ~um e~t~m~qd by n?orty~pt~ ro b~ ~qual to 1/12 of tM ~er?u~l twt of th~ follow-
lnq; •
i A-All r~al prop~rty taxe~ Iw~ed w•uessed ayainu the ~bov~ deuribed red ~~ut~. _
6-Pr~miums on fi?~ ~nd wind~torm insw~~ce as Mrein requ~red to b~ c~rried on th~ improv~nt~ ~1tu~te on tM ~bow d~scrib~d pr~enit~a.
C-Prtmiums on such mortg~p~ yua?anty insurar.c~ as mwtyspee sha(1 from t~m~ to time dkm. fA ro urry on'tM ban secured hereby.
i MortyapM sMll from tirn~ to tirry not~fy mortywor i~ writ~np of the amount dus and p~y~bf~ h~teunder ~nd ~uch wm sMll 1Mrwpon b~ dw ~nd
payW. on rM due d~r~ of th~ n~xt monrhly p~yment •nd e~ch succe~siv~ monrh there~her unrii mwtypee ~hall notify mortp~9w of a cMnp~ i~ such
•mount. Such wm~ ~hall b~ applied by mortysyee ~owud the p~yrrKnt of r~~t prop~rty taxea. inaur~nc~ p~em:urtu. ~nd mortpa9e yw?~nty in~wu~a
prHniums. '
IN WITNESS WMEREOF, th~ uid MORTGAGOR h~~ Mrwnfo s~t hi~ h~nd a~d a~l tM d~y •nd y~~ fint ~fa~s~id_ / >
Slpe»d, S~al~d ~nd ddiwr~ ~ n tM preNnu of:
" ` Z C //FF ~
~ }i OtT~S ~ R . n
E FE. C~F+CJl7 CCUR l .,J - e
ETS SUSAN C OFF ~
R..n
STATE Of FLORIDA ~ ~A~ 2 4 i PM
~ Cp~~ pp S T. LU C I E ~ ~ •7•7~~Q
~ ~f«~ ~ ~~~~y HENRY C. WYCKOFF
BETSYSUSAN WYCKOFF his wff~, ro m. w.l~ kr~ow~ .r~d krwwn w~o. ro b.
th~ IndivfdwN dwcAb~d In ~nd who ~x~cut~d tM f«poirp Nut~vm~nt. ~nd ~cknowl~dp~d l~»Fon m~ th~t tMy ~x~cut~d tM wrrr fw th~ purpaN
tFwr.In •xpr.w.d. ~?nd rh. ~.t' BETSYSUSAN WYCKOFF
~ ~ N~ HENRY C. WYCKOFF ~ .~r~~ ,nd p,n„+.
~xNnin~tioe by nw qk~n wpar~t~ ~nd ~put from Mr taid bwb~nd. ~dctwwl~dp~d ro~nd b~fon n» tMt s!r ~x~cut~d s~id Inatrum~M fn~ly ~rd volw~
r~.rNr ~nd witF+out ~ny compulsbn, cautrdm, ~pprsMman~a f~a. oi a fron? h~r Nid hwo~nd. ~7~
WITNESS my h~nd .ed offkid waI tfit• ~G ~ ~y ~ ~ JANUARY A, p. 19~.
~
Noury Publk I nd i th~ St~b of fbrld~ ~t 4rp~
~ M Commission ~:plna
~ - Y ~ 1 ! r
Rm,tn Ta KOtEry Q'~'~~tc. ~i-t~ G•~ it .ac„~
~ F1nt F~da.) Ssvir,pr a Loa~ /?awct.tlo~ +~t., ~';r,-,.~:c:o:: srt:=~s i•i~ 22, t~i
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~ ~ f011 Pi::C~. M;..e•, 3~i /.-..._•i f., _ l, _a:l ::a-PanY~/
~ Fort Pl~ru. Fbrid~ ~ _
~ , .
~ - -
~ This Instrurrwnt Prepared By J. HAL ROBE RTS, JR .
_ ~
~ First Fed~rel Savin9i 6 loan Associstion .~~j~ ,
~ of Fort Pisra = ' 1_- ~
~ fo~t Piera, Florida 33450 B~i~K 281 PAfE 6~9 ~ ~
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Checked By . ~ ~ -
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