HomeMy WebLinkAbout0010 To placy ~nd coeuie~uovtly LNp on ~1w buitd~np~ now a Mr~~hK ~iW~N or t~id land ~nd on ~!1 eq.,~pm~m ~nd pr+ia+~lly covt+~d by tMi~ nar~
with dl p~n~iunr tMr~on pa~d in fult. N~~ ~muanc~ M iM u~w1 ~~~nd~rd po1KV fam, ir? • wm ~pprow~d by Uw MOR(GAGEE. •nd w~n~hto~m
ii»w~na M th~ wwl ~~~nd~?d pol~cy iwm, in • ~wm ~pprov~ by tM MORTGAGEE. in ~uct+ tanp~ny o~ compan;M ~s ~M MORIGAGEE wyy
dkrclj ~nd ~11 fin aod wi~twn~ i~awanu pol;c:~i on ~ny o( wid buiidcno~, .ny im•~•.~ rMr.~e w p.~~ iM~•o1, in ~h~ •pqr~9.~~ wm ~fa~W a
M ucqM ~M.~of. ~MII con~~in tM wwl a~ndud n~ortp.~ clwa w WCA OIIfN CI~YN N~M Maiq~yN m~y rpu~r~. m~kinp rF» Ios~ w+dK N~d poiF
ciM. Nch M+d wKy. p~Y~W~ W a~~d NWRTGAGEE s~ ib inrK~tf maY ~ppw. an0 ~acA and ~v~ry aucA poi~cy ih~ll b~ P~omAtly ~~s.yn~d ~nd d~livN~d ~o
~eqr Add by Nld MORiGAGEE a IwMa s~cwity to wid mo.fp~~ d~b~, •nd, na I~W ~han r.n (101 day in ad~•~+c~ of ~hs •api~ation of ~~th policy. 1o dr
liwr b NW MORTGAGEE • r~wal tMrwf, ~op~~F»r wi~h • r~~pt for tM pr~niwn of ~uch r~w~h, ~nd rl,~r~ ~h~ll be no f~r~ a wi~d~~am inwru~c~
pbt~) o~n ~n~r d slid b~lldinp~, ~ny inhr~q ther~:n or pul tMnol, u~l~s~ fn t!w fan~ ~nd wi~h tM lou p~y~bl~ a~ •ta~s~id: ~nd in IM ~v~nl •ny wiw
o~ n~o~Y b~oonas p~y+bN w+du wcA polky w po~ic~s uid MORTGAGEE ~Aall Mw +M opran w.~ceiv~ ~nd ~pply 1M NrM pf KMNM O~ ~M ind~Er~
MM NcW~d hNrby Ot b pNinit Mid MORTGAGORS lo rtpiv~ Md ~H I1 a~ny part fh~rep{ for othe? purpotN, without thereb~ w~ivin~ a~mp~i?-
M+p anr ~q~?My. IMa or riphl unda or by virtw of this mwtpp~j ~nd in IM ~vM~ ~~~d MORTGAGORS ~h~ll fw ~ny f~~fpr1 ~~il 10 kNp 11N Nid pfM1iN~ q..
Mrur~d, p fal) b d~livrr promptf~r ~ny o1 uid poliues of imw~nc~ to ~asd MORiGAGEE, or fail prompely to pay full~ any prem;un+ ~h~r~for a in ~ny
~Np~H f111 b pNfwen, dtfthNp~. ~x~cut~. ~ff~ct. compl~te, canplY wirh ~nd ~b~d~ by ~h~~ cov~r+~nt, o. •ny part hsrwf. s~~d MORiGAGEE m~y plac~ ~nd
paY fa tud~ Imu.wic~ a~~y p~n tlwwf wi~hov~ watvir+p w~ff~alnp any op~ion, Itin. pu;ty. o~ righ~ ~nda a by v+rrw ot ~Ai~ Morrpag~, ~~+d rM
~vN unow~t of Mch ~nd twry tuth p~Yeewnt ahall b~ i~nm~diat~iy dw ~nd p~y~bl~ ~nd shall be~r int~nu from tM d~t~ ~Mrw( until p~id at th~ raq oi
-nMe pa cMtwn pK annum ~nd ~op~~he. with wch i~te.est ?MII b~ Hcur~d by tM li~n of this matpsq~.
1. To p~rmiL tanen8 or wffK no wqt~. Impairmtnt w dNaior~tion o1 ~~~d propaty or ~ny put thereof.
S. To p~y all uid ~Mq~tp th~ coia. cM,yf~ and ~xp~nui, inctud;np • r~a~onabl~ ~ttor~~y's fk and cosq o( abstr~ct~ of tith, incvrr~d a paid ~t
any tNw br wid MORiGAGEE, O~cav~ a in tM ~v~nt o1 Ih~ f~ilw~ on th~ puf of tM said MORTGAGOR to duly, prompHy ~nd iv~lr pH(orm, d~~ct+~roR
~:~cv~~. ~fhc~. oanpl~t~. comply with ud ~b~ by •ach ~nd wtry tM itip~lauo~u. aQre~n+ent~. CpRdltiOfl{~ i~ COY~MI11~ OI a~id p~om~tiwry ~ol~ and thi~
martp+p~ ~n~r a~itl?K. Md w~d coat~, d+upN and ~xp~nw~, eah ~nd ~way. '~MII b~ imm~di~~sly dw ~nd pay~ble: w1+~+Mr or not tM.~ b~ not~ dr
nw~d. ~»~n+p to oolbct o? wlt pMdirq~ ~nd rM full ~mcunr of Nch •nd w~ry sucA psym~m ah~ll bs~. ime.~~~ from ~M dar~ ~h~.~o1 umil pNd N th~
r~M oi nin~ p~r pntwn pN ~nnum: ~nd all a~id costs. charget and expt~sq ~nc~ncd or paid, tog~ther w~rh such inttrne, ~hal1 be ~etw~d by tM li~n oi thN
^wrtCap~•
b. Th~t (a) in tM w~m ot ~ny br~ath of tl+is Mutp~ w d~f~vlt on tFr p~rl of ~M MORTGAGOR, o~ (b) ~n iM ~vem ~ny of s~~d swru of mo~~y
Mrsin nfNr~d to b~ no/ promptly ~nd fully paid within th~~tY (30) d~ys next •fetr fhe sem~ a~veralty becwr~ due ~nd payable. wirhove dtm~nd a nofice.
or (c) In tM wMt a~ch ~nd ~wry ~M ~tiput~tioru. ~gr~m~nn. con~,rioru a~d cov~snb of uid p.omissory not~ •nd ~h~~ mo.~p~pe ~ny a~i~h~r ~n no~
iuly..promptly ~eid tully p~rformed, d;aMrped. ~,~ec~red. ~Hect~d. cwnpi~t~d. compl~d wi~h and ab~ded ~y, tFxn in e~ther w any such ~wnt th~ ~~~d p~
prp~t~ wn+ nwnrion~d in s~id prom;aory nvr~ th~n r~mai~inp urtp~;d. wieh ;nr~rist xuued, ~nd ~It mo~+eys secwed herebY, sMll becom~ dw ~nd pay~
~bb fwtAwith, or th~nahK. ~t tM option of :~id MORTGAGEE, u fully •nd corr~p:~tely ~s if •II o! rhe ~aid wms of money wer~ wgin~lly ~r~puln~d
ro b~ pa7d on such day. ~nythinp in s~~d p~omiaiory oote or in ~Ms Mwtype to tM conn~ry norwirh:andin~: end rherwp~x~ o. th~reafrar ~r eM op~wn of
rafd MORTGAGEE, witho~t nwic~ w dM,and, wif ~t I~w or tn pvity, th~r~Fon a tMreafter beaun, may be prosec~eed ;f all mo~ey~ s~cw~d l~~by
had mnw~d prql lo it~ IMtitution.
7. Th~t in t1w ~v~nt th~t N tM b~ptnniny ot w at ~ny t;rrw pend;n9 ~ny wit upon th~~ Ntortgpe, or to fweclos~ it, or ro hforen it, p ro~nfo?p
WY~M oi ~ny diims Iwwnd~r, s~id MORTGAGEE ~h~ll apply to tht Covrt havirp juriidicrion therwf fa tM appoimm~nl of ~ Receive~, ~uch Court sMll
forthwltb ~ppoin! • nufv~r of NW mwtpprd prope.ty ~11 and sinpul~?, includ~rp ~II ~nd ~inqulir tM incom~. wof~t~, Istw~ ~nd ~~wnws from what~ve~
wura dMiwd. ~ad+ ~nd evpy of whKh, it b~irp ~xprsu~y und~ruood. b Mnby mortyaged ~s if ~p~ufiully N~ fo.N~ and d„crib~d M th~ yr~minp ~nd
h~b~ndwn davNS Mr~of. ~e+d suth Il~uiv~r ~hall Mv~ ~II tM pro~ti ~nd ~ffettiv~ fu~ct~ons u~d powen in ~nyw~se enlru~t~d by ~ Cowt to a Reteiv~r, ~nd
:::w sppc:itsasnt s.Rs!! bs e^.sdr !3y wch ~s ~n ~dmined puity ~nd ~ m~ftN of ~biotutr rght ro uld MORiOAGEE, and withovt ~ef~r~nu ro tM
~d~qu~c'Y w ~n+d~qwcy of th~ wtw o1 tM propeny mortpiqet! er to tM wi~~ncy or ;nso~vency o! uid MORTGAGOR p tfi~ d~hndu,t~, ~nd rh~t iuch
~r• profit~. Inewn~, fuws ~nd r~vN+w~ ~Mtl b~ ~ppl;ed by such R~ceiv~r ~ecwdinp to tM li~n w puity of uid MORIGAGEE ~nd th~ pactic~ oi tucA
To dvFy, proer?ptly ~nd fully p~rfo.m, dischuy~. ex~eu~~, ~ffeet, coenpl~t~, eomply wiM •~d ~b~ by ~aeA ~nd ~wry tM stipul~tions, pr~n»,
condiflon~ ~rd cov~nM?a in sa'd p~omiuory not~ ~nd ~h~s monyp~ N~ fonh.
9. That In ~M ~v~nt tIr owe»nhip of t1~s maty~yad pr~m~N~, w~ny p~rt ther~of, become~ wated In • p~rwn otMr tlun tl» MORTGAGOR, th~
MORTGAGfE, Ms ~ucc~won and nYpm, m~y, withovt notite to the MORTGAOR, deal w~th ~uch succe~sa or ~ucceao. in int~~e~t wi~h .~f~r~ ~o tha
mortpp~ and tM d~M IMrtbp Nt~?r~d in th~ ~~m~ m~nnN with Nb~ty~pa withovf in ~ny w~y viti~ttep or dixh~rqinp tM Mor19~Qors' (i~bility h~rr
undM or upoe~ ?h~ d~b~ Mnby wa+?~d. No s~l~ of ~A~ pr~miNS her~by mortyp~d ~nd no fwb~aru,c~ on th~ p~n ol rl» MORTGAGEE a in tuet*uw~
a~wtpew ~rid no ~x~~ton af rM tim~ fw tM p~yrn~nt of th~ d~b~ h~r~by ~~eur~d yiwn by ~M MORTGAGEE or it~ ~~epuon or su~pm, ~Mlt opa~t~
w rN~a~, di~Mrp~, modtfp ch~np~ a ~ffect tFN wipin~l li~bil~ty of tM MORTGAGOR Mrein, eitMr in wlwl~ or In p~rt.
10. h a sp~cifkally pn~d that ttrrw h of th~ ns~e~ce of thi~ comr~et and that no w~ivK of ~ny oblip~r~on henurd~r or of tM obUaatbn w-
cur~d Iwt~by sl+all ~t arty tlm~ tMre~hw b~ h~ld to b~ • w~ivtr of tM t~rrru her~of a of t1+~ ir?~trum~nt secw~d Mrby.
11. In add~tbn to tM fapo:np monfhlY paym~nn of pinc p~l ~nd im~nst rpuir~d by th~ promiuory nor~ ~ecur~d ha~by. mortppor cov~n~nts
~nd prN~ to p~y to mwtppN with ~~th monthly paym~nt an add~rion~l ~um e~t~mNed by mwtppee to b~ pv~1 ro 1/12 of th~ ~nnu~l co~t of fM follow-
A-All nal prop~rfy t~xq I~v~ed or asK~sed ~ga~ns~ the ~bov~ d~xr~bed rr~f ~~tat~.
6-Pr~miums on fir~ snd vrindatwm ~nsur~nu as herc~n requ;red to be curied on the ~mprovem~nt~ s~tvate on tM ~bove described pr~mitea.
C-Pr~miwru on such mortg~y~ pwranry insurar~ct mort9ayee ~hal! frcm ~ me ro ~ime deem fit ro cerry o~ *he lo~n secured h~reby.
Mo.rppN ~Mll from rhn~ ro r~rrK nonfy mo.ryaQor ;n wr;»ng of th~ ~moun~ dw ~nd p~ysble hereunder ~nd ~uch sum aMll tM?wpon b~ dw ~nd
p+y~bl~ on tlw dw d~t~ of tM rwxt monthly .p~yment •nd e~ch ~ucces~iv~ month there~fte? until mo?tgaqee shall notify mortya9w of • ch~rg~ in such
~mwnt. Such ~uma ahall b~ ~pp11~d by mottpa9~e tow~rd tM p~ymtnt o! r~at property t~:es, insur~nce prem:ums, ~nd morrgaQe guaranry i,yu.ante
pr~n+furea.
IN WI?NESS WMEREOF, tlw ~aid MORIGAGOR fi~~ herwnto ~at hy h~nd ~~+d ~e~t tM day ~~d y~~r fint ~fw~s~id.
SlqrNd, Swbd ~nd ~Ilvw~d In tM p~„~na of: /
_ ~ .
a 6, e emer ~n
1 anc e DeRemer ~
c ~ n--n
STATE OF fiORICA~ ~ ~
St . I,uc ie u'
courm oF
~fa. p.,,,,,s~~y .pp~,~,d Ra 2ph E. DeRemer
Blanche DeRe~er hi~ wif~, ro w.n ro,,,. ,o e.
tlw Indivldv~rb d~wib~d In u+d w!w ~s~eut~d tM fwpoinp Uutrwn~nt, ~nd ~eknow{~dp~d b~fon erw that th~y ~x~eut~d tM wrr» fa tM purpwa
t!~•in acp,.a.e. M,a rh. u~ Blanche DeRener
wH~ of tM a~~d R81Dh E~ DeRe~?eT ~~on a s~pK~~~ ~~d plvah
~x~n?4wtion pr nw t~k~e? Np~r~ts ~nd ~p~rt frOm Mr wid huaband, seknowl~dp~d to ~nd Mfor~ m~ thn ah~ uc~eut~d ~~id ieurrurr~nt hNly ~nd votun.
t~rllp ~ wltbovt ~nY cornP?~bbn, constrdnt, ~ppr~Mnsan~a f~u of w from Mr ~ak! hwbW~d.
WRNESS my h~nd ~nd oNk1s1 s~al thk / y d~y ~ F@ Xlid x A. 19~
~ _ _
~d ~ ~ L~
Nw+.v
v~ ,r~t .n~)a tM 3ut~ of Fwra• ~r i.rp~ .
Mr ~6iS ~zpir~
Ratwn Ta.
fkst F~d iav~np~ ~ loan /?~~oet~tio~ ~ic~:r~{ R~Iic, St:!e o', r:s, ~z at
Of fo?t Pi~rt~. tiy ~i0.--r!::;:,rt c;;-; :L~{y 22. 198~
to._.d :r I~-a -u . : l,s..~'Y Co.~+ar
foA P(~rp, fiwld~
This tnttrurrwnt Prepered By Rpbert J. Evans~ Jz. ~ i," .
Ffrst F~dtrtl Savlnqs d~ loen Aasoti~tion
~ of Fott Pierp ~
Fort ~Pisru, Floride 33450 ~~,~~~g~~~~r F~A. .
ROQER PO~TRIS
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