HomeMy WebLinkAbout0030 Te pl~n ~nd continuou~iy tHp on ~h~ b~+i;d~nQ~ now a M~~~ft« NWaq or a~d I~+~d ~nd on ~II eQu~p~n~ ~nd pe~w~~lly covtr~d by d+it ~na~
p~,, witA ~11 p~ivm~ ~Mr~on p~~d in lutl, 6n insur~nc~ .n iM v~wl ~~~cd~rd polKy fo~m, in • wm ~pp~owd p~ ~M MORiGAGEE. ~~d w~nd~~wn?
kaww~a in ~As wwl a~ndad po~~cy fam~. 1e • wm ~pp~c~~d b~ ~M MORTGAGEE. in wch caep~ey o. cor~w~iK a ~M MORTGAGEE ~++1I _
dintt~ ~nd ~11 tin and wind~torm inwr~~+c~ po1~c~~ a+ ~ny of ~ad build~np~. My (M1r~lt tMI~i~1 W p1~t IM~W~. in tM ~pprep~~~ wn~ ~foses~~d « ~
In ~as~ thNwf, ~MII conl~in ~M u~wl ~~and~rd mat9pN clww a~uch o~lw~ c1auN ~t H» MarppN m~y rpu~r~. maYinp tM wN w?da ~~~d Po1F
ciN. ~acA ~nd ~w~y. WYabl~ ro aid MORTGAGEE +s in in~K~~t m~y ~pp~a?. ~nd ~ach w+d ~w.y ~ucA po~~cy ~hall b~ promptly ~~i.yn~d and d~liv~~~d ~e
~ny Mid by s~id MORTGAGEE ~s funM. Hcurity to s~id mwtpp~ d~bt. ~nd ~ t~w ~han ~~n (101 days i~ ~d~~nc~ of ~M ~+~pir~tion of ~ach policy, ~o dr
liwr M ujd MORTGAGEE ~ nn~w~l ther~o(, fop~rl+N wi~A • nt~ipt fot 1M p~~mivin oi ~~eA .~e»walj ~nd ~hall b~ no fir~ a winds+aen fn~uru~u
pi~qd on ~ny of ~sid buildieq~, any inta~~t tM~~~n a part tMrsof, unl~u In tM 1am ~nd wi~b ~M loa P~y~bi~ a~ afaeuidi ~nd in tM ~w~~ ~ny su~n
o~ ~o~+y b~,o,,,~~ aY~a~ ~h pelky p pelK;„ uid MORTGAGEE ~Mlt Mw ~M op~ion b ~~e~iv~ and ~pply tM ~arew on ~eeow+~ of tM Ind~b~ed
nw Neurd Mnpy p to p~rmit ~aid MORTGAGORS to rec~iv~ ~nd uN It a~ny part ~hereol foi other purpwes. w~ihout ther~b~ waivin9 0. ~mpair-
inp ~r puitr, li~n ar ripl?1 u~ a by vir~w of this mortpp~: ~I~ 1~1 tM ~vMt N~d MORTGAGORS ~hall (w ~ny nawn f~il to k~ep tM ~~id pnn+is~s ~o
Iruund. w f~il b d~livN promplly ~ny of ~aid polKi~~ of iniu,~nc~ ro sa~d MORTG/1GEE. w f~it promptly fo pay fully ~ny premium the.~fa a to any ~
r~sp~ct fdl b pa(an4 dhtMrp~, •attur~, tff~tl, tompl~t~. comply with ~nd ~bidt by thit tov~n~n?. w~ny part Mr~of, s~id MORTGAGEE m~y pl+c~ ~nd . .
paY fa we6 Ierw~nu or My p~N tM~wf wi~Aout w~Hirp a~ffeainp ~ny opt~on, INe, pu~ty. u ri9h~ und~r a by virtw of ~Ai~ Mor~y~9~. and ~F~
full ~mount of NcA and ewry wd+ p~r~~ ~Il ~~~^^~i~r~fy dw ~nd py~b1~ ~nd iMll be~r tnrKti~ f.om ~M d~r~ tMr~of un~il paid rh~ r~n o1
R1M pM CMtW11 PN ~M1UT aM~ fOgNI~C~ wi~h ~uch iot«es~ sh+Il be ~en,~ed by tM IiN+ oi thi~ morrpp~.
To p~rmiL commfl a wff~r no wast~, 4np~irrn~~t w d~t~riw~t~on of u~d propaty or ~ny put thersof.
S. To p~y ~11 a++d slnQul~r tM eoars. cM?p~s and ~xpa~NS, ir+dudirq a r~swnabt~ ~tewn~y'~ fe~ and w~tt of abstr~cfs of tltt~. incurnd a p+id ~t
~ny thn~.bq wid MORTGACsEE, b~t~ut~ a in tM tv~n~ of tM failur~ on th~ p~rt of th~ iaid MORTG/1GOR w duly, promp~ly aed futly-p~rtwm, d~~cM~y~.
~a~sw~. ~fhet. compl~~~, ea^Ph~ wnth ~nd ~b~d~ bti ~~ch ~~d ~wry tM stipvlatana, pr~+ene~, ca+di~iom. ~~d cownanq o( s~id paniswry not~ ~nd ~hi~
rtwrtp~D~ ~ny w MtM?. ~nd uid cp», cMrpM ~r+d ~spenu~. e~ch and w+ry. ~MII b~ immedi~t~ly dw ~nd pay~bl~: whetMr o? not tl+a~ b~ notic~ d~
~n~nd, ~rnmpt ro eolt~et a wN p~nd~n9r +nd ~M full amoum of ~~eh u+d Mry sucA paym~nf ~hall b~u ine~ren fran +M du~ ~herwf umil p~id ~t tl+~
r~t~ oI nin~ p~r c~ntum pM uw~umJ ~nd +11 iaid wsn, cMrges ~nd expsnse~ incurr~d w pa~d, top~~hK w~th arch intHNt, aMll lo~ secur~d by tM li~~ of thit
~b •That i~ tM w~m of any bre~ch of tA~~ lNortya9~ a def~~It on tM p~rt of tM MORTGAGOR, w(b) i~ the ewM ~ny of u~d wm~ of money
Mr~in r~fKnd ~o be not prompNy ~nd fully p~id wi~hin rh~,ty (30) days next afte~ tht ~un~ ~~ver~tfy become dw •nd pay+ble. wi~how d~n++nd o~ notic~,
or (t) in the ~vtm ~~ch ~nd ~ve?y tM stipulationi, ynem~nri. con~tio~s ~nd cov~n~nn of Hld promisso.y note ~nd th~s mwt9sy~ ~~y a~itMr u~ no1
iuh, promptly and ivlly pNformed. discharped. ~xau~ed. eitecred. compl~r~d~ compli~d wi~h and •b~dsd ~y. ~Mn in either or any ~~ch w~~t 11?~ said ag
pr~~b wm mtntion~d in Nid promis~ory i+ofa rhtn rtmaininy unp~id. wuA ~nts«st atuuad. u~d all mon~YS t~t~red hertby. ~hall betan~ dw and p~y-
~bl~ fo?thwith, a tMnahN, U» opt~a+ of s~id MORTGAGEE. ~s fully and compl~~sly a~ if ~11 of rhs sa~d ~~ms o( mo~+ey vrere orginally a~pul~ted
to b~ paid on wch dsy, s~yfhinp i~ s~~d pran~swry non or in fhis Mortyay~ to tM ConlNry norwi~hs~~ndir~y: •nd ~herwp~r? w 1Mre+frK ar ~M opuon of
~aid MORTGAGEE, withovt nWia w d~mand, wit ~t t~w or in ~quity, thsrefw~ ot thKaah~r bpun, msy be prwetWed as if ~II mwwya t~tur~d hKtby
had matvr~d prar to in imtiturpn.
7. TMt te tM ~vtM ~h~t ~t rM bpinnirg of w N~ny rim~ per+diny ~ny svit upoe~ thi~ AAatyp~, a ro faeetow it, or to nfonn it, a to ~nfwe~
p~Y,mnt of ~ny d~ims hawnd~r. ~aid MORTGAGEE ~h~!I ~pply to ~ht Court hwir?p jwndiction tMr~of (w tM ~ppointm~m of ~ Rac~ivK. ~uch Cowt shall
fwthwNh ~ppoint ~ nuiv~r of ~a1d mon9+p~d poperty all ~nd ~irgul~r. includ~np •II and •inpulu fM incom~, p~of~». fuws ~nd nwnw+ fron? wh~t~v~r
wwc~ d~riwd. ~acA ~nd ~v~ry of whKh, it t»~nq •ap?e~sty und~ruood. ii !»nby marp~g~d a if ~p~c~ficNty wt forth and dac.ib~d in tM yr~erinp ~nd
.v•..
1NbMd1N11 CI~VN1 hNlO~. ~f1d ~Yth RK~IVK ~MII MW HI tl1! WWO ~n0 fiilCirv~ iuntuOn~ ~na p6wc~s in inywiM es~iivsisu uj i-.^.:.w:
:~;:s s~s:~:~-t :he!! ~sde ~1f •s !~!^~~re..~ ~q.,~~y .nd . ~+~.n.. n( ~bsolut~ rEgAt 1o a~id MORTGAGEE. ~nd witlw~t r+f~rKK~ to tM
~dpu~ty p in~d~quaty of /M vdw of th~ propary matpa9cd w to tM wiwr?cy a inwlvency of u~d MORTGAGOR w iM d~f~nd~nri, u~d that ivch
r~nt~. profi». 4~oonN, is~ws u+d nv~nuy ahall b~ ~pplied by such R~c~iv~r ~ccordinp to tM li~n a pvity of a~id MORTGAGEE ~nd tM p~ctiu o~ wcA
Cow1.
s. ro d„y, w«~ry .~+d h,~y P.rro?~+, discharp~, e,e~cu~~. ~ff~ct, comP~~t~, oomPly wtth ~nd ~bid~ by ~ach uid ~wry tM nlpubt{om. ~Cneemnb•
eondkiona ~nd eov~eN~ in sud promiuay not~ and fh~• mortpp~ s~t fo.th.
9. TI»t {n 1M fva+t tM own~~~hlp of tl+~ mwty+ped pr~mist~, a•ny F~n therwf, b~coents w~»d In ~ perwn otlw tMn tM NWRTGAGOR, th~
MORTGAGEE, In wecwon ~nd ~a~ipm. n+aY, wirhou~ notice to tM MORiGAOR, d~al wifh ~uch ~ucc~uw or succ~~wr i~ int~re~t with r~f~rMa fo thu
mortpp~ u~d tM d~bt Mr~by ~etur~d in fM sarta m~nner with Mwtpa9or without i~ ~ny w~y viti~ttnp or dixMr9inp tM Nlortypa~' Ii~Wlity Iw~-
und~r w upon tM d~W Mr~by s~cu?~d- No sal~ of the premi~ef htrtby mortyp~d and no fwb~a~anca oe~ fM psn of tM MORTGAGEE w iM wa~iwn
o~ aw{pna ~nd no ext~n~lon of th~ tkn~ tor tM paym~nt of tM d~bt Mr~~y Ncv~~d qtwn by tM MORTGAGEE w ft~ was~wn or wpM, aMll opa~b
?o r~w, dad~arp~, modify chu+p~ or aff~ct th~ aip~nal liab~l~ty oi tM MORiGAGOR ha~in, ~itMr in whol~ w 1~ put.
10. It b sp~eifiully prkd Mat tlm~ u of th~ eu~ncs of tha corar~ee and tMt no walvw of ~ny oblip~tan Mnw~d~r w oi tM obllp~tla? w-
wr~d Mr~by ~MII at ~ny tlm~ tMr~afirr be Mid Io b~ a w~iv~r of tM t~rm~ Mr~ot a oi tM Irutrwn~nt Ncw~d Mrby.
11. In ~dd~tion to tM fwpo:np monthly paymenr~ of princ'pal •nd inr~r~~f rpvind by tM p~an~uory no~~ secund M+~by. mat9por cown~nH
~nd prNS ro p~y to mortyspN with ~~ch monthl~ p~ym~nt ~n ~dd~iio~al ium ~ttim~ted by mwtypN to b~ ~qual to 1/12 of tM ~nnu~l twt of tlw fdlow-
trg:
A-/111 rtd prop~Ay ra:~a bvied or ~s~es+ed ~y~inst the abov~ dtscribed red ~~t~te.
6-Pr~miurm on fir~ ~nd windsram ~mur~nu a~ h~re7n requ;red to M c+r.~ed on tM 7mprov~m~nta sitwr~ on tM ~bow d~urib~d prsmis~s.
C-Pr~miurm on such morty~y~ quaranry insurar,ce •s mo+tyayee ~hafl from t;rn~ to time deem fft to c~r~y on tht ioan a~wr~d htrsby.
Morty~pN ihall from rirr~ to tirr,~ notify morrflspor in writ~ny of the •mount dut +r+d pay~bM hNeunder ~nd ~uch sum th~ll thsnvpon b~ dw ~nd ~
pay~bl~ on Nr dw d~q of th~ n~:t monthiy p~yment and e~ch ~ucce~fivt monlh there~fter until matyayte th~~l notify nwrtgayo~ of a ch~np~ in such
j •mount. Suct~ tum~ ~h~li b~ ~pplitd by mortp~yee to+~ard tF+e p~ym~nf of r~al property ta:es, inwranc~ prem:ums, and mwty~~e pwr~nry inwr~nt~
I pnrniVeM.
~ IN WITNESS WMEREOF, tM s~~d MORiGAGOR h~~ he:wnto s~t hi~ Mnd and N~I th~ day u~d y~ar fint afor~said.
~
. Sfprod, S~abd ~nd d~ItvM~d tn rM p~~nu of: ~
! ~ ~tE~r~~ _ l(-} ~ti-+-~ ~ (s~aq
William W. Arnol~ ~
: + ,
`'s G;,~ •s-- . t, ~~i~ re~.q
$ . Eunice Ann Arnol~ ~n
~
~ TAT Of fLORIDA ~
~ St . LuCie ~
8 COUNTY OF
~ Willia;r. W, Arnol~:
~ d~fa~ rtw pKwnaUy a~u~d ~
6a n i ce A[1I1 Ar no 1 hit wif~, to ma vwll known ~nd known b en~ ro b~
~ M» Indivfdu~b M~erib~d fn ~nd who ~x~eut~d th~ fupdnp Irutrum~nt, and ~eknowl~dp~d b~fon en~ that tMy ~:~eu»d tM um~ for tM P~?PoN~
rh.ntn •x~..s~d. ~+d rh. N,J Eunice Ann Arnolc~
~ W~f. ~ r~ wb Wi lliam W. Arnolc? vp~„ ..p.,•t..nc! p,h,a+.
Q •x~enination by en~ t~k~n wp~n» ~nd ~p+rt from ha ~~id hwband. ~denowldp~d to ~nd b~fon m~ that aM ~x~evt~d uid Irotrurn~nl frMly M+d volvr~
~ n.ilr aid wirM~ovt ~rry canputiion, corutrdn?, app~~Mn~ion, a f~ar of w irom Mr N1d husb~~.
wRNESS my hand •nd offtdd ..al thil 13t h d+y of February A. D. 19 78
~ v ~
~ Not~ry Publk In ~nd for tM St~t~ Id~ ~t Lnp~ •
~ My Comm+atia, .:pi.a, , =3` e• ~
R~turn -ia
` f~m F.d«.~ s.v{np. a lo.~ A,.«i.r;a, . ~
1.r-'~ f%_ .
=;3 Of Fott Vi~K~. ~r •
fort Piau. F~o.w, , . r" ~ . ~
x,~~~.
F4' , "iI ~ ~ I,~u~~V f• '
y~ ~My~rl' .
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~ l V ~ ~ . . . .
~ This Instrumsnt Prepared By R. E. Poin~iexter EU01 Q N YFka
First Fsderal Savinys b loen Association ROCER PO~TRAS
f~ of Fort Piera C; f~K :3CW7 CO";' ;
s~ Fort Pisrte, Florida 33450 ` ~''~D ~f''
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~ Checked By ~ FE~ ~ 5 3~ o PM'7R
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