HomeMy WebLinkAbout0997 To pl~n ~nd canNnuwrslr kMp on ~M bu~:d~np~ ~ow a Mr~~ft« ~itwN or ~~id i~e~d ~nd on ~11 pvipreKM ~nd pNSOn~lly cor~t~d br thU nwrq~
rp~, wirh aU onn~iurM tM?~on p~.d in fvll, la~ imuanc~ ~n ~M u?wl st~nd~rd po~icy fo~m. b~ ~wn ~pprowd by ~M MORiGAGEE. ~ad W1n~?pfT' ` y
~wwks N tM u~u~l ~~~~~d po1Ky form, In ~ sun+ ~pp~o~~d by eM MWtTGAGEE, in wch compaey a oornp~~~ u tM MORTGAf3EE inay ,
~~t Md NI /tn a~d wi~d~wrn+ insur~nu polk~~ on ~ny of iacd buildi~~, ~ny MIK~~I tlNr~ie w pat ti»~~ol, in d» pprpu~ wn+ daa~id a..
In uaM tMrqi. ~MII conuin /M ~ival u~ndad ma~p~ cl~uN a~ucA o~l~ clwN a tM Matpp~ rn~y ~puir~. nwtinp tM bw unJ~ sa~d pd~
clM. Nd? snd rrKy. p~r.bi. a wd MORTGw~EE ~u iroe.~st m~Y ~pp~sr. ~nd ~~ch ~nd ~w.y ~vcA po~;cy ~MII b~ prompriy ~N•pn~d ~nd d~livN~d ro
1»W by wW M~ORTGAGEE a funf»r kcwitp to a~id mortpp~ deb4 u+d~, not Itw tFw~ tM (10) d~y~ in ad~arx~ of ~M ~.pir~tion of ~A policy. fo dh
liwr tp N{d IY1pRTGAGEE ~ r~wal lherwl. Iop~dN~ with • r~c~~pt to~ tM prtmiwn oi .uti. =~etwd; ~nd ~hH~ tMll b~ no f7~~ o~ wind~~ain "irywuK~
ptaad on ~ny oi N1d Sutldinp~ ~~r In~~re~ tMr~~n w put fMrwl, unl~u In ~Fy lain ~nd wiM ~M ~o~s p~y~b1~ ~iw~wid~ .nd M iM •wn~ wrn
01 nwn~y b~eaMa p~y~bl~ ~Mda weh polky a poliei~s aid MpRTGAGEE ~MII Mw tM eptia+ ro ne~iw ~nd ~p~iy tiw tr~es on aeeoun~ of tM M~d~bud _ r.
n~u Ncw~d hK~by w w pKmit Nid MCiRTGAGORS io repiw ~nd up if a any pan rM,eoi fa o~her purpose~, wf~hou~ f~enbi wai~i~ w aap~i~-.
tnq any pui~y, Ibn w ripM w by virtw of ~hii mwtpp~j ~nd in tM w~nt u;d MORTGAGpRS shall iw ~ny ~Nwn (sil to kNp tM Nid prvni~ w
Muu~~d. w}~ll b d~livN promp~ly •ny of faid polKie~ o( imur~nc~ to u~d MORTGAGEE, o~ /~il p~ompdy to p.y f~uy sny prem;um th~r~for w In anY
r„p~tt f~ll b pNian~, aixhuQe. ~x~cur~. ~lfect, compl~t~, comply wirh ~nd ~b~d~ by th~~ cov~n~n?, a~ny part h~no(. a~d MORTGAGEE m~y pl~ •r+d ~
paY fw such trowanc~ w any pa?t ~Mrwf w~how w~H~np a~ffec~irq ~nY op~ioe?, IiN?, pu~ry. a riqM u~d~. a by vtnw ol ~his Mor~9p~. ~nd rhe
futl amo~m of ~ad~ and ~wryr t~ch p~ym~nt ihal! b~ imm~diar~ly dw ~~A p~y~bb and ~A+11 b~ar int~r~u from th~ da~~ NNr~ot u~~il paW ~t th~ ~ar~ ol
nirn pM antwe pN ~rowm ~nd toy~~her wlth tuch ie+rereq shal! b~ tecu.~d by tM lien of thK mortq~yt.
1. Te pamit, oommif a ~uffK no wasq, tmpairm~~t a dster~ora~ton of Nid pfOpHtr Of My pilf t~NfMf.
S. io p~y ~11 u~d ab~pvlar tM cwr~. cMrqy and ~~pen..s; :hcludinq ~ r~ason~bl~ ~nornsy ~ fe+ and co~f~ ot ~b~tr~cn of titt~. i~cv~r~d a pa3d at
~~ryr t&n~ b~ said MORTGIIGEE. b~caus~ a? in tM ~vem of th~ f~~lw~ on th~ part of 1M ~aid MORTGAGpR ro duly. promptly u+d (utly p~rforn?, discMrq~.
•:~a?t~. ~fhet. ewnPNq. oomplY w~~h u~d ~b~ by ~ach ~nd ~w.y ~h~ ~ripula~ions pre~na, oonditioea, ~nd eownann o( a~~d p.omc~~o.y not~ ~r?d d+i~
mwqap~ uw w~ithar, MItI Nid tptt„ t~4tpp ind ~tplrsef, ~~cA and wery. shall E~ t+nmedi~t~fr dw ~nd pay~bl~: wMtMr a no~ tMr~ b~ nwic~ d?
en~nd. HMmp1 ro wll~tt a wM p~ndir?p= and tM fvll ~mount of e+th and w~ry such p~rrn~nt sMl1 b~e. insKest from tM dNe th~reof until p~id N the
rare of niM p!t CMtum pN ~MU~*1; ~nd +II uid costs, charps~ and exp~nua incurrcd w pa;d, tog~rt~ar w~th tuch int~rNt, sAa!! b~ tetv~ed by tM I~n of tha '
6. TMt in 1M ~vent of ~~y br~~ch of thi~ Mw~9ay~ or d~f~ult on th~ p~A oi ~he MORTGAGpR, w(b) in th~ ~vent ~~y of qid wm~ of mon~~
1»r~tn refNr~d to b~ not pranptly and fully pa~d w~ih~n th~?~y (3p) d~y~ nex~ •fre. rhe ~~me Hver~Ity b~ccom~ dw and p~yabl~. witMue d~ma++d a no~ic~.
or (e) in tl» went ~ath and ~w.y fM ~tip,l~rions, ~y.Nen~~n, eon~fions and eov~nanq of u~d promiuory not~ ~nd th~~ mo?tpp~ ~ny a~ith~r an e~w
i~~ly, pranptly and iu11y pKiwm~d. d~xhu9ed. ~AKY~Qd. ~ffecied. compl~ted. compl~~d wi~h and ~b~ded Sy. tMn in e~ther or any ~uch ~wnt tt» u~d a~
prpH~ wm m~ntion~d in Nid promiawryr nof~ rhen ~~ma~n~rq unp~~d. with intens~ ~cuwd, ~nd •II ma»y~ tstvr~d hertby. ~!?all becore» dw ~nd p~y-
~bl~ forthwith, a tMr~aher, ~f ~h~ option ot iaid MORTGAGEE, fully •nd canpl~~~ly if •11 of rM uid auem o1 morMy w~r~ agin~lly ttipui~ted
ro b~ p~~d on ~ucA day. u+ythinp in sa~d prom;ssory not~ w in ~his Matyaq~ to tM contnry notwirhsrsndirq: ~fld fF10f~NQOf1 p tIf!/~affN 11 fS7~ OP1i011 Of
~aid MOATGAGFE, witFw~r1 notic~ a d~m~nd, wit ~t law or in puiy, tMr~fw~ p thKeah~r bpun, may bt prosscuted a~ if ~11 mw?~y~ s~tur~d Mt~by
Md rMtW~d pr~W to ih IMtitution,
7. ?Mt in th~ ~r~nt eMt at tM bpinnin9 of o~ N~ny fime pendiny ae+y svit vpon thi~ Ntorty~p~, w ro fw.elow it, or ro rafwm it, p to enforu
paym~en oF sny d~im~ l~wnder, faid MORtGAGEE ~h~ll appiy ta the Covrt havinp ~urisdrction ~herwf 1w tM ~ppo~~tmM~ of ~ Rectiwr, s~ch Cwxt ~Full
forthwlth ~ppoint a nc~ivp of ~ald mortpap~ p~operty •U ~nd ~inpul~r, includ~np ol ~nd ~ingular tM incon», prof~». issws ~r+d r~v~nw~ iran wMt~rN
wvru dKived. ~id+ a+d w~ry of whKh, ir b~iaq ~apreuly vnd~.uood. b Mr~by n+orrp~ped u if ~peufiully ~tt forth and d~wib~d in tM yr~ntinp and
t+abw+dwn cl~w~s Mrwf, and ~uch R~c~iv~r ~hall Mve dl ~h~ b?aad and etfetHv~ func~~o~~ and powen in ~nywit~ entrus~ed by a Coun ro• R~ceivK. ~ewl
•uch ~ppointm~m ~haH b~ m~d~ by ~uth Cour1 a~ ~n admitred cquity and • n+~tt~r of aEsdute riyhr ro uid MORiGAGEE, ~rx! withou? ref~a~nc~ to tl»
~d~qvacp or M~d~quaty of tM v~lw of the prope.ry morrp~yed a to tFw ~orv~ncy or ~nsolv~ncy of aid MORTGAGOR a tM d~f~nd~nn, and that ~ucA
r~~~. profi», Incan~, iuun ~~d r~v~nva ~h~11 b~ ~ppl~ed by ~ud+ R~csir~r aaord~np to tM Ii~n w puity of uid MORTGAGEE ~r?d tM p~~etiu of sucA
To dvh. pron+ptly ~nd fully p~rfam, dhcharp~, exeu,a. ~ffect, complat~, comply wlth ~nd abid~ by wch ~nd ev~ry t!w ~Npulatiom, prNrtwnts,
ca+ditbrr ~+d aovawms in wid promiawry nor~ and ~h~a mwtyp~ Mt forth.
9. 1hN M+ tM ~wnt tM owrwnhlp oi tiw mort9p~d pr~m~NS, w~ny paA fMr~of, b~onu~ wst~d (n • p~no++ otMr th~n tM INORTGAGOR, ~M
MORTGAGfE, Ir~ sumwon ~+~d au3pru, may, wirhou~ noiica lo tM MORTGAOR, dtal with ~uch wccnsor w ~uccessa in ;~t~naf wirh nf~r~nc~ to tha
mortpp~ ~nd tM d~b1 hntby s~cw~d in tht ~urw m~nner with Mortp~por ~vithovt tn ~ny w~y vitiatlnQ o~ diuh~rqirg tM Mortqpora' li~bility Iwer-
und~r or upon tM d~M F+K~by Ncured. No ~~1~ ot the pr~rn~~ h~r~bY mw~y~9ed ~nd no fo~Dearanc~ en th~ p~n o! H» MORTGAGEE w t» woc~sson
a walpM u~d no ~at~nNon of th~ tkn~ fa rM p~ym•n~ of rh~ d~bt Mr~by i~cvr~d plwn by th~ MORTGAGEE a its wwuon w auipn~„ ~lull op~r~1~
w r~aw, d'aciwp~, modify chanp~ a~ff~ct th~ wip~n~l I~ab~l~ty of tM MORTWIGOR Mrsiry ~ithp tn whoi~ or tn p~r~.
10. It h rp~c~fiully aqr~ed that t{m~ i~ of 1M esHnc~ of rh4 contiat ~+~d tMt ~o wdwr o/ arty oblipttion hp~wwla or o! tM oblly~tfort ir
cvr~d Mr~ sMU ~t ~nr tlms ther~~ft~r b~ Mld to b~ waivK oi ~F?~ t~rm~ i+Kwf w of tM tnslrum~m Ncw~d Iwrby.
11. In ~dditlon to th~ iwpo:rq mo~thlY p~Ym~nts of princ"p~l ~nd int~rest rpvir~d by tM p~omitwry noh secvr~d ha~pY. enwt9~por cov~~anh
~nd pr~N to p~y to nwrtyaQ~t with ~~ch monthly payrrunt an ~dd~~an~l ~um ~uim~ted by mortpp~~ to b~ ~qu~t b 1/i2 of tM ~nnv~! tost of tM fopow-
i~p: ,
A-All r~al prop~rty t~xti bvied-w a~H~sed ~psinat the ~bov~ d~scribed rtal ~~t~b.
d-onmium~ on fir~ ~nd wind~torm inaw~nc~ as lurein reqv~red to b~ urried on tM improv~u sitwt~ o~ tM ~bmrt de~crilvd prtenis~a.
C-Pnmiwm on wth mortq~ye pw.anty inawanc~ mwtp~yes ~hall from t~rn~ to time de~m fit to urry on rM toan ~ar~.d r,.nby.
Mort9~p~s a1+~N from rim~ to tinw noNfy mortp~Qoi fn wr;tin~ of fM ~moun~ dvs •nd p~y~bb h~rsv~der ~nd ~uch ~um aMll thKwpon b~ dw ~nd
pay~bl~ on th~ dw d~t~ of th~ ~~at monthly p~ym~nt ~nd ~ach succe~siv~ month the.eah~r until matppe~ ih~ll ratify mort9pw of a chanpe in wcA
amount. Such ~um~ ~Mfl b~ ~pplied by mortpayee toward +hs payment of r~at p.operry t~:es, inwr~nu prem:ums, ~nd mortgap~ 9wisnty in~wanq
Vr~mlumf-
IN WITNE53 WHEREOf, tM taid MORTGAGOR ha~ hersunto s~t hi~ h~nd ~nd s~~l tM d~y ~nd w~r nt ~fw~uid.
Md liv~r~d pr~nc~ of: +
t
n
a er . .one ~
q
Kat i~i . ,oney n
STATE Of ~ ~
SS.
COUNTY Oi
~{o,. p.,w,,,py Walter C . ~or.ey
~nd
~:athryn 'I. N.one~r '
r hk wif•, to re» vwlt known snd known to n» ro b~
ti» Ind~vldwla d«er{b~d M and who ~x~eut~d fFw f«poinp InstrurnMt, and ~eknowl~dp~d b~lon en~ that th~y fxavt~d tM sam~ fa th~ purposN
?++.?.tn •xpr.w.d. ,4,d rh. s,~- Kathryn iV . Money
„~,ir. of d,. ..w Walter C . !~ioney ~ ~ ~m ~
•aunle?~tbn by nw t~4~n wp~r~t~ ~nd ~p~n from Mr atd husb~nd. ~eknowl~dp~d ro~nd b~fon m~ tMt aM ~aavt~d NW MsfrwMM frwty and vokx~
?~Nly and wlrAovt anr ~ornpubfon, cornruinr. ~ppnFwnsioe, f~ar of or fron? Iwr s~W husband. ~~~~ti~s?s~~:r•~~~ -
WITNESS my lue~d ~nd oHk1~l sNl thi. ~D ~ d~y of J821t181"' e`~ ~,/i 10 ? 3
~ _r. ~7~~ ~
- ,1
Noary Publk Ie • fa tM
My Cortvniuion ~aptnu • ~ -
btum Ta. 1 ' • ;'`L G„ ~
fitM f~nl Srdnp~ L loan /4ioci~tion ~ ~ . ~ ~ -
~ . r~
a FO~f Pifrtf. ~ , . ~5~~~ ,i ~ ~ '
. •
' fo?f Pl~tta. FIOlId~ ~ ~O ~
i 7~• t~~. .
J• :H `
~ y
This Initrumsnt Prepared By Carol II. Bizrns
First Feduel SavinQ~ b loen Associstion ~~~~I~1Q~t.{CO~~~D
of Fort Pisrts ~ avuMT A
Fort Pierce, Floride 33450 O~EII IOIiItA~
C!-~RK Ct?~CUIt CCUg~~
y~~~
v'c~r~f0.~~(,l~_
Checksd By - Ffe 1 3 4e PH'1R
. ~ . ,~9~s~z sflfl~20~. PACE 995
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