HomeMy WebLinkAbout0498 To pl~c~ ~nd carin~~ly kNp on tlw b.i~id~np~ oow w Mr~aftK ?~tv~~s or ~aid lu+d u,d oe~ a~l ea~~p~n~ ~nd perwnally cova~d by tN~ mwq~
p~ witA ~il pr~n~Iwna ~Iw~~on pa~d in lull. f~r~ i~su~~nc~ u? tM u~wl ~~~~dud potKy fwm, in •~um ~ppro~~d Ey th~ MORtGAGEE. •nd wuds~am
i~www~a M tM wud uMda.d policy fo+m, in a wo ~pprowd by tM MORTGAGEE, b wch canpany or canpantei u tM MORTGAGEE n~+y ~ ~
dM~c~~ w+d ~11 fin ~~d w~w.m inwra~it~ pol~ca~ on a~y of ~id 6uildinOs, ~ny i~M~~s~ ~hH~in a pa.t tF~~o(. tn ~M ~9prey.a w~n ~fa~sad a.,
le ~aw 1Mno1. ~f+a11 cont~in ~M wwl ~~~ndud mo.r9p~ daua a~ucA ahM d~us~ a iM Ma~p~ye~ n+ay rpuu~. ma?inp ~M toN vndN sa~d po1L
dN, ~cA ~nd w~y. p~Y~bk w s+id MORTGAGEE N in intKNt m~Y ~pp~. and each and w~ry ~uch poi~cy sh~ll b~ p~omPtty ~u:9n~d ~nd dNiv~~~d ?o
wqr h~W Sy wtd MOlTGAGEE a fvnh.r s.cvrtry ro aid mw~pap~ d~br. ~~d, no~ i~w ~han qn (1QI d+Y~ i~ ~d~ance of tM ~api~~t;on of ~ach polky, 1o dr
liv~r to wW MpRTGAGEE • r~rww~l tla~~o/, top~~Mr wi~A • r~u~pt fa r!?~ pr~miwn of ~ucA r~Mw~lj ~nd ~M~~ ~h~11 b~ no I~r~ o? wind~~a~n inwru~t~
pbad On M~y o1 faid buil~.qs, ~ny intKeN tM~~~n a put tMnof, wnles~ in tM fo~m and wi~h ~M tou p~yabl~ ~fa~uid: urd in th~ ~wn1 ~ny w~n
of nwn~y b~canN p~~abl~ w~d.~ wd~ potky or policih ..Id MORTGJ?GEE sA•II luw ~h. op~~a+ a~~ceiv~ ~nd ~pply tM sa~ on ~ccount of tM ind~b~ed~
MM Ntw~d Aw~ a b pKmit Nid INIQRTGAGORS lo r~uiw ~nd uN it or any pa~t fM~eo1 for other purpwef, w~~hout ths~~o~ waivi~p a~mpair• r'~
Yq ~ny pvity. Ihn a~iqhl w~dw or by virtw oi tlw~ mortpap~~ ~nd in tM ~wnr N~d 1NOR)GAGORS ~Mll fa ~ny r~aaon fafl ~o kNp tM ~a~d pr~m~~ w
in~w~d, o? 1~i1 b d~livu prpnptly ~ny of qid policiq ol inwr~rK~ 10 ~~~d MORTGAGEE. o~ fail p~omptly Io pay fully ~ny pt~miwn IAa~fo~ o? in ~ny ~ i~
?wpM f~tl b p~rfam, d'ucharp~. •x~cut~. ~ff~cl. compi~t~. compty with ~nd ~bid~ by ~h~~ cov~n~nt, w•ny par~ Mrw/, siid MORTGAGEE rr»y pl~cy u+d
paY for tuch f~tw~ or ar?q pNt tAe.tof wiMwut w~ivinp p~ff~ctinp ~ny optio~, li~n. pui~y. or ~iyh~ undN a by virtw of ~hi~ Mortpa~. ~+?d tM
~vN Mnamt of ~ ~nd wKy wth p~yn»nt ~MII b~ imrrndi~qly dw aew! payabl~ u?d ~MII b~~r inr~rql from tM dat~ ~h~rwf ~?ntil p~id ~t ~M r~N ot
Nr~ pN pnlwn pt ~nwm ud toy~~he? wi~h suth inter~tr sMll b~ utw~d by th~ lien of this mon0y~,
t. To pwenit. oo~~t or wif~r no wa~t~. lmpa'ument w d~t~r~~tion o/ Nid prop~rty w~ny put thereot.
S. To psy ~!1 and ~Mipul~r tM co~t~, cMrp~a ~nd ~xp~me~, inctudinp ~ r~aswubl~ ~ttorney's fee ~nd cos?s of ~bstr~cts o~ titls, incvrred w paid H
My tYn~ bp wid MORT~/1GEE, buuw a tn th~ ~r~nt ot ~h~ f~~lw~ on th~ pKt of tM a~id MORTGAGOR ~o duly, prompdy ~nd fulty p~rfam, d~ahsrp~.
~s~a+t~. ~fha. caepl~ti, aomply wiM ~nd ~b~ by ~xh and wNy rM s~y~ulat;om„ pre~ma~rs, conditiom,. snd cown+nn oi sud prom~ssorr noq ~nd ~h;~
~o~p a~y or ~itMr. snd N~d co~ts. cMrpM ~nd ~xp~nses. ~~ch ~nd w~ry. ahall b~ immedi~t~ly dw ~nd p~y~blr, whs~Mr w nof thNe b~ notk~ d~
n~nd.~n~mp1 ~o oolbet a wit p~ndieq= and thi full amoun~ oi each and nrsry ~vth paymtnf ~hall bear interesl from tM date ~F»?eof ue~ril paid ~f ~M
raM o( nFn~ pe~ eN+rwn pK amum; ~nd ~II ~aid cosn. cMr9as ~nd ~xpens~s ~ncwred or pa~d. ~op~~her w~~h wch int~r~it. ~M~all b~ ~acw~d bp th~ li~n of thu
~9+~
0. Th~1 in tM ~wn! of any br~ach o( thw Mo+tyap~ w def~utt on tlr p~A of rhs MORTGAGOR, or (b) in ~he ~wnt ~ny of aatd wms of mon~y
hptln relpr~d ~o b~ not promptly ~nd fully paid wi~hin th~rty (~0) days rwxt aft~r tt?e sam~ ~~~er~lly become dw ~nd payable. wifhou~ d~m~nd w notic~.
w(~ In IM ~wm ~ad~ ~nd we~y th~ stip~lafiwu, pree~~n. condrioru ~nd cown~~» of u~d promiaso.y ra~~ and ~h~~ nwr~pp~ sny a NNw. ~r~ no1
luly. promptlY u~d fully paform~d. d~ahirptd. ~:ecured. ~ffected. compkt~d, compl~sd wi+A and ab~ded `~y. ~hen in eaher w ~ny sucA w~M tl+~ stid p~
prpab wm m~nrior»d in uid prom;wo~y npq ~hen r~m~iniry vnpaid. wirh infer~s~ acuwd, ~nd ~~I mon~ys Mcur~d htr~by. shall becwn~ dw ~nd p+y-
sW~ fathwith, or tMrNhN, at tM opran of sa~d MORIGAGEE, n fulty snd compbr~ly ~s it all ot tl+e iaid wm~ of mon~y wer~ orginally atipul~ted
M b~ pid on wch day. ~nylhinp in s~id promisfory not~ w in this Mo?fpaps.lQ,t1l~.tAnffary norwf~hstandiny: ~nd therwpon w 1her~~hN a~ rM opuon of
s~W MORiGAGEE, wirFwv~ nw~u a dem+nd, wit a~ !aw w in ~qvity. therffon ot`Mwrlaftir-9~vQ.,mye t#r pros~cv~ed u if ~U morwys s~cw~d h~reby
1Md nYhK~d priOr !O if~ lerfitvtian. , . ' l,D" ,
7. iMt In th~ w~nl tMt th~ bepiti+ir+q of or at ~ny tirn~ pa?dinp ~n~r sup ~pon th~s~~a.tg`~a~if,-as~'~?eclo~a iL or ro nfonn it, or to ~nforc~
p~ynwm d a~y d~im~ lwwrd~?, said NIpRTGAGEE shall ~pply to tM Court h~vinp jurh'1l~iwr~ilr~j~f~._~ ~tm~m oi ~ Rec~ivK, such Couh ~MN
Fo~thwifh ~ppoinf i nt~iwr Of Mld mwtpaptd p~opaty ~1! ~nd sinpular, intFudinp ~tl ~nd .yny.yl~r 1M in~Oh~ b~ ad r~v~nu~s froen wMt~v~r
~wu~a dviwd. ~atfi ~nd w~ry of whrch, it b~irq ~xpr~aly uad~raood, ii ~~by mortya9etl'H if'iprtitlt~Myt~,~ th and'~ib~d in tM ~antinp and
Mb~ewfw~ ct~u~ her~o(. and ~uth Rec~ivN sMtl haw dl tl+~ brosd ~nd sf~"ecriw fvncr~onf ind powtn in ~eYwik NTtrui~yytovn ro• Rwiv.~, ~~d
wcA appointm~nt ~Aall b~ n+~ by such Courf a~ M~dmitted puiry ~nd • manM of ~bsolu~~ r;~ht to uW/ ~AORI~i~r ~ ~•!~d witAouf nftr~np to th~
wlp~?~cp a M+~d~qwcy of th~ wiw oi tiw prop~rry mo?i~a9ed or io i~ iar~~rsc-~ r,: :::a:rs:xy cr :aL! !4l~RTGAUC?R ~~l1~/'~lfN?d~n», u?~d th~t ~uch
~t. profits. 4rcan~ ~~nd r~v~nws ah~ll b~ ~ppl:~d "by sucA R~ceivN ~awd~r+q to tM li~n w puity oi a~id MORTGAGEE u~d tM practia of wch
~ To duly, panpity a+d futly p~rfo?m, di~charp~, ~x~cut~. ~ff~N. cornpl~l~, comply with ~nd ~b'd~ by ~ach ~nd ~wry th~ ~tiput~t(oM, ~pr~n»,
oondhion~ w~d cov~nann in a~d prombwry nor~ and th~~ mo.rQaQ~ i~r fwth.
9. ThN In t!w wtnt th~ own~rahip of ti» mortpaped pr~m~NS, or any psn thercof, becomN v~st~d in a perwn otM? th~ tM MORTGIIGOR, th~
MOR?GAGEE, fN wcasron nid uipm, rnay, wirhow not~ce to tM MORTGAOR, d~al with such ~uaeua a succes~a in intu~q with r~f~t~np to tha
:rArtpaps snd d:bt Mr~b~l a~cwd in tM aarw m~nnK ~s with Mortpapor withovt In ~ny w~y viti~tLp a discharpinp th~ Mo?ty~yors' 1Ability h~rr
wdM a upa~ tM d~W henby s~wred. No sal~ of tM prem~s~s hKeby mortQp~d ~nd no fwb~aranc~ on ~f» pn ot tn~ M6itTGAGEf w ih woceswn
or wlpn~ and no ~at~nNon of t!» tlm~ for tM pay?rue+t of tM d~bt h~r~by ~~ew~d 9iwn by tM NIORTGAGEf w i4 wooqspn or auipry, ~luA op~r~~
b rN~ diuMrp~, modlfy cMnp~ a~ff~et th~ wipie+al lisb~lity of tM MORiGAGOR Mr~iry ~ithK 1e wFwl~ a M put.
10. It N~p~cifkally p~Nd 1h~t tlm~ i~ of th~ euenc~ of thi~ contract rnd tMt no w~IvN of ~ny obl~p~tion Mrw~ or of tl+~ obllp~tbn ~
aK.d hv.bp ~hal~ •ny rlm. rMnah.. b. MId ro b. • w~ivK of tM t~rma h~r~of a of t!w tnstrument ~acw~d Mrby.
11. In ~dd~tlon to t!N fwpo:np monthlY parm~nts of princ"p~t and (nt~r~~t rpu~r~d by tM promi~wry not~ ucu~~d Mr~by, mortQ~pw cownanq
Md apr~a to pay ?o mortppk with ~~ch monthty paym~nt ~n ~dd:rronat ~um t~tim~t~d by mwtgpe~ to be pual to 1/ 12 of ths aonu~l cwt of fht follow-
~i
A-All re~l propaty t~:~s I~vied or asse~ssd agains~ the abov~ d~ic.~bed re~l esufe.
!-Pr~eniunr on fir~ ~nd windstwm insw~nc~ as herc~n requ~red ro be>uraied on fhe ;mp?ovemsnt~ s~twr~ on the ~bov~ deuribed pneniqs.
C-Pr~miums on wch mwly~y~ ~varanty insurar.ce ~s nwrtyspee shsll from ~~me to t~me deem fit to urry on the {wn secwed h~reby.
MortpapN thdl irom tien~ 1o tirrN rrotify morrp~gw in wrir~np of th~ •mount d~e snd p~y~ble Mreue~de. u+d ~uch ~um shall ther~upon b~ dw and
p~yabl~ on th~ d~~ dat~ of ths n~x+ monthfy p~yment •nd e~ch fuccessiv~ month rhereifter unti! mortq~ee sMll notify mortQayw of • chanp~ ie? such
~mount. Such wmi ~hall b~ appli~d by mortp~pee ~oward tM p~ymtnt of real propeny t~x~s, inswance p?em:ums, ~nd mwtg~ye pwranty intwanq
PrNntwna• "
IN WITNESS WtiEREOf, t1N uId ARORTGAGOR h~s herwnto s~t his hand ~nd s~il ths d~y and y~ i' t~for~ssid, ~
flpn~, S~al~d and d~llva~d {n tM pr~rx~ of: .
FILEO AND RECORDED geli J. Michal wski ~
S7. LUCIE COUNTY F~~- ~
AOGER ?0l~RAS
~ t.. rF~ ~~'tCUtT COURT ~ C 8 Ns ry
, . t~~o e en . ~o
~
STATE OF fLORIDA C ~c B~O 9 Z s pN'~ V
cou~m o~ St . Luc ie ~ 394~'77
~a. o,,.,,,,pp ,pp,+„d Fe 1 i k s J. Mi ch a 1 o W s ki ~
$elAll B. Michalowski hn w~h, ro m~ wd1 known and known w m~ to b~
~M I~dfvldwb d~wib~d In u~d wFa ~n~cw~d th~ for~oi919IIr t3.t~ ~ h 1 K1fon m~ that tMy ~a~wwt~d Nw aam~ fw tM purpo~
M~rNn ~xpr~d. M,d Hw N ti C 8 OWS .
..is. ei s~~ ~ 9 . C 8 OW3 ~ ~~~~t~ and plvat~
~s~entnrtbn by n» t~ka+ Npar~ ~~d ~part fra» M? a~id i?wb~nd. ~tknowbdpd to ~nd b~fon rt» that sM ~x~eut~d saki untrumMt ftMlr and vowwr
~a1hr and withovf any eomp~rbfoe, ooeatr~int, appr~Mn~ion. or f~u of or from Iwr wid husb~nd,
w~rr,E,ss mY I~.~e .ne offkld ,.N th,. iG u- d,~, ~ Februar ~ p. ~q ?8
'ti--~ -a~
Not~ry Pubik i~ u~y w t Stu~ of Fbrid~ ~f lrp~
My Commi~sfon • Ms
R~tvrn Ta.
fhM f~d Savtnp~ i loan Iuaoci~tion ~ ~:ata.ry F~.::!ic. S'::e o! r:o:i,',a at lar,!
OI Fon ?~?u. ~!y Corc:missiun Ex~:res !:~y 22. 1981
fOfl P~Mp. FIOII~ ~ ~ca:a~ A>v: :a-, f.re 6 Gwsrr Cccpaq
- ~ . ri t p
w f ~ .
r" .
This Initrumsnt Prepared By J, gal Roberts, Jr. ~1~- ~
Firat Fedar~l Savlnqs 6 losn Aswciation <
of Fort Pifra i - ~ ~ •
Fo~t Pierq, Florida 33450 • -
. 4 . ~ Q ~ _ .3 :
Chscked By B~OK 2v~ PAGE 4~ • f ` U_:. r
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