HomeMy WebLinkAbout0500 To pba ~nd continuo~~ly ?Mp on ~h~ bui:d~nq~ now Of MfN~IN NiWH Or` Nid 1~ and pf1 ~II ~q~ip.~nenr ind pNwMlly cova~d by ~hi~ mwtp~
pR wi~h dl pNnh~ M~~wn p~~d in iu14 1~~~ iruurN+c~ w? iM ~•w~ ~rad..d potKr fwm„ in ~~um ~~ov~d by ~M MORtGAGEE. ~~d winduam
lewwanq M~ wwl ?~w?dwd pal~ty fp:cy in •~un? ~ppro~~d by ~f» MORTGAGEE. in wcA ton+p~ny a corepan~ a tM MORTGAGEE nwr
d~netj «+d dl fin Md wtnd~a~in iew.a~u policNS on ~ey of a~~d 4uiid~~p~, ~ny M~K~q Nw•i„ w pan ~Mrwi, le ths ayprp~e~ w~w ~fa~jd a
M~spM M~.p1. ~Iyil eont~in tM vsuet ~t~ndNd n+orppN elwN a wd+ odw e1~uN ~s tM MatppN enay rpuu~, m~ki„p 1M ?ow w+dN uw! polb
etM. Nd+ rnd wMr. p~r~bN q wid MORTGAGEf a~n inta~st enaY ~ppw. ~nd Neh ~nd ~v~ry tueh poi~ey ~hall b~ prpnptly p~.pMd Md MIivK~d /O
+n~r Mld by wid 1NO~TGACsEf ai fw~Mr Na?~ity ro aid nar~paps d~bt, ~nd no~ ~Fwn ~~a (!0) d~ys tn sd~~~xa o( th~ •Yplr~tion of ~ach policy, ro da
Ilw~ b NW MORTGAGEE • ~~newal tMrwl. ~opuFw with ~ nqipt fo~ tM pr~miwn o1 wch r~new~ij u+d ~h~r~ aMll b~ no fU~ a winds~an? Mrw~nc~
p~~ad on a~? 01 w1d bvfldi~. ~e~r M~e«t IM~~~n o? p~rt ~I+~r~oi. ~nl~ In ~ir fonn ~nd wirA tM iou p~y~bl~ •IOIIN1dj Md H1 iM ~wn~ any win
of ~wo~yy b~ooeew~ p~~aW~ w~dM sueh polky w poliei~s w1d MORTGAGEE ~II Mw eM opr;on b r~e~iw ~~+d ~pply 1M su+~ a+ ~eoo~m of tM ind~br~d.
n~N ~Kw~d INnbp a b p~rn?it s~W INORTGAGORS ~o r~iv~ ?nd vw ir a any par~ ~Ae~eot fa o~he. purpose~. w;~hout ~he~•b~ w~i~~rq a~pa~r. .
Ie~p ~ny p~rity. li~n a ripAt widw or by vinw d t1w moetyap~j Md in ~M ~v~nl ia;d MORTGAGORS ~hall fw ~~y r~awn fail to kNp tM uid pr«niNS W-
Inwnd, p 1dI b d~livw pranptly ~ny of Nid pO1KiH Of iMU~~nt~ lo N~d AhORTGAGEE. w I~il promplly to pay fulty Nfy pnmium tMr~fOt w In ~nY
rWp~et fdl b p~?fwn~, ditelwrp~, ~a~evq, ~H~e1, eompl~q, eomply wi~l? ~nd ~b~d~ ~y rNs eov~nane, o~ any p~rt M.~of, sa~d MORTGAGEE ~n+y p1ao~ and
P+Y ~ Mwn~a w~ryr parl Nw~of without wahrinp w~ff~c~fnq ~ny opt~a?. II~n, pu~ty, a~iyht vndN or by virtw of ~ht~-Monppe. ~nd tM
fvlt ~M of ~cA an/ awry wch p~ym~nf ~hall b~ iewn~d{~fdy dw ~nd p~y~bl~ and ~hall b~~r Mr~r~st from tM d~f~ tMrwt un~il p~id at tM rab of
niM pM pnlwn p~r ~wm ~nd topethn with sucA inte~~~~ ~l+all b~ wcur~d by tM li~n of tlw? mortpp~.
1. To pMmit, eom~h a auffv no w~sN. Impairen~~?t or d~t~riw~tion ot ~aid prop~rty a any p~rt ther~of.
S. To p~y all w?d slnpular 1t» cpts. cM~s u+d ~xp~nws, ir+cludinp • r~aion~bl~ ~norney's te~ ~nd co~u of ~b~tr~cn oi tiN~. incvrrM a pio ai ,
w+y tMn~ by aid MORTGAGEE. b~caw~ or in tM ~v~nt of th~ f~~lvn on tM put of ~M s~id NWRTGAGOR a duty, prompNy ~nd fv~~~t psrfam,, d;~cha~qR
es~e~. ~ihet. eompk~~, eoer~p)y w;th and ~bid~ by ~+eh and w~ry tM itiputaion~, prs~en, eonditiwu, ~nd eown~nts ot s~id promiswry no1~ ~~d ~h~s
^'a1pp~ ~nY a NtMr. u~d w~d to~n. eMrpN ~nd ~apens~s. ~~eh a~d w~ry. ~I,~~I b~ ienrn~d~~~~ly dw ~nd pay~bl~: wMtF?~~ a not ~Mr~ b~ notia dr
~+~^d• i~^'P~ a~ P~~^~t snd tlw fvll ~movnt of ~ach ~nd M~y wcA paym~nt fMll be~r inMr~tl from ~he dat~ tM.wf until paid ~t 1h~ .
rat~ of e~irN pK e«Mwn pN Mrwm; u~d ~II ~aid cosn. el+~rys~ and ~ap~nw~ inevrrtd w paid. ~oq~~hK w~~h ~~eh intKpt. ~Aall b~ Heurtd by fM li~n of thq
TortOp~.
6. Th+t i~ tM ~wm of ~ny brtach oi thit Morryaqs a de(ault on thi pa» of fhe MORiGAGOR, w(b) ;n tF~e eveM ~ny of u~d ~ums of mon~y
h.nfn r.f.rr.d w b. ea p.anprly aMi fuuy p•d wirhin th~rty (30).d~y~ rwxt •ft~r tl+~ i~m~ a~v~?~tty become dw ~nd p~y~bk, wi~hout dem~nd a fWTICl,
or (rJ In IIN ~wm Nth ~nd ~wry tl» tlip~l~tiom, ~y~e~nn. eonQitions ~nd eowM~b of u~d promiswry not~ ~nd th~~ mwtyaq~ ae~y a~~tM? a~ na
iuty. promptly Md fully ppfp?n~d. d.scMrped, taecuted. ~ffected. compler~d. compl"~d wirh •nd +b~ded Sy, fhen i~ either w any ~ucA w~nt th~ s+id ~
prpaN wn+ m~ntiard in said promis~ory not~ then rtmaininp unp~id, wilh inta~st ~cuwd, u~d ~II nwne~s sscur~d htr~by. ~MII becom~ dw and pay-
~bh fwthwUA, a tMn~ft~r. ~t tM oprion ol uid MORTGAGEf, p iv!!y ~nd canpb~~ly ai 11 •tl of ~he said wms of mon~y we~~ wqin~lly n~pul~~~d
ro b~ p+id oo wcA d~y, anytAinp in a~id prom~swryr ewte a in this Mwtpap~ to tM~ ca+~r~ry no~withst~~d~nq; and therwpoe a th~r~~hK a~ tM oprion of
wW IYWRTCs/1GEE, without notic~ a d~m~nd, wit ~t 4w a in puiry. tMr~fon w tMrs~hN bpun, may bt prosecuted a~ if all mor~ya s~cw~d h~rsby .
h~d nwtw~d par to it~ L+stitution. •
7. ihtl In th~ w~nf ti~! ~t 1M;~nnin0 oi or ~1 ~ny ffm~ pendie?p any wit upon this Mo.tpap~, or ro fo?eclo~. h, p to nfam ft, o~ fo ~nfpp
P~Y~~ of ~l d~Yns, h~r~y~d~r,, s~id_ GAGEE ilull ~pply ro th~ Coun Mvinp juresd~aion ~herwi ior tM ~ppointm~nt of ~ Receiver. ~uch Cowt ~lul1
FoAAwMA +ppoirM s i~Fihrlr' d~a'Td iwri~~d prepKry • Mr ~inpul~r. trxludu~p ol ~nd singular t1u ineoen~, prolits. i~sws ~nd, • frpen what~v~r
~wwu dalwd. woh *d~w~r~~4~~ ~~~i~ jt b~Inp ~xprealy undauood, i~ 1»reby mwtypad a if ~peufic~lty kt fo?th and drw~I~~It~Fw qr~minp u+d
f++b~d~xn ~ hp~o% w+d `wt1+~~tii~' ~N•1u~h NI tlN~dr~oad ~nd ~ft~criw fw~c~wns ~nd powen in ~nywiw entnqt~d by ~ Ce~urf M iG~eceiva. ~nd
~ iPVa~~~~ ~ b~ *~p ~dmtned equity and a nwtt~r of ~bwlut~ ~i9h1 w s~id MORTGAGEE. u?d witAout t~fs~r~,~c~ w tA~
sdpu~t7~ a Mud~qu~ey of ths v~lw of tl~ -piopKfjl rtwNp~ad b. to tM ~o~wney w inw~v~ney of utd 1NQRiGAGOR or tM d~frei~nq,°~! MNt sueh
r~ms. profib. Incarn~. iwuN and rwww~s ~11 b~ ~pplied by tYCA RKt1vN KCOfO~II~ f0 tM IIM Of ~QU~tr pf siid MpRTGAGEE u+d tM p~~ctic~ of wch
Cawt.
to duy. p~omptly ad fully p~rforn~, dluMry~. ex~cut~, ~ff~ct, compl~», compty with ~nd ~b~ by ~ach ~nd ~very Nw stip~l~tiora„ p~+e~rMnM,
oondtNom ~nd eov~eymm~ i~ ~aid pro~m4aory not~ ~nd th~s morf~ap~ wt fo?th.
9. iMt In tM ~vM+t th~ own~nlwp of tM mortpap~d prM++~N~, or ~~y pan therwf, becom~s ws»d in • p~non oth~r thw+ tFy MORTGAGOR th~
MORTGAGEE, h~ ~ucc~wors ~nd ~aipm, m~Y, wi~hout notic~ to tM MORTGAOR, dtal with such ~ucceswr a ~ucce~~u in int~na wi~A ~~fer~e~a w thy
n+orqp~ M+d tM d~bf Mrtby Ncw~d in 1M iam~ mann~r p with Mortpapq without le ~ny w~y viti~tlnp a di~cMryinp tM Mortp~yor~' li~bilftr lyr~•
ur+d~r a upon th~ d~bt Mnby wctiK~d. No sat~ of tM pr~ma~~ A~r~by mat9Wd w+d no fabs~r~nu on ~h~ p~n of ~M MORTGAGEE o~ It~ wa~uon
or Matpns and no ~xtNrlon of tM tiery fw th~ p~yen~nt of tM d~b~ Mr~by Heur~d p~wn br tM MORTGwGEE a in sueuuon a iuiprn„ rhNt op~rat~
w rN~w, datharp~, nwdily d»nq~ a.fhn ~Fw a~pu+a~ li~b+tiry of rh~ MORtGI?GOR Mnin, ~NMr tn wlw1~ « tn p~rt.
10. It M~p~cifically pr~ed that tlm~ M of th~ eu~nce of thi~ cw+tuct ~nd that ew ~wsiwr of any oblip~tion h~r~u~d~r ar of th~ obllp~tion N.
cur~d IwnbY shd~ ~t W+1r ttnr tlrnafNr b~ hsld ro b~ • w~ivw ot tM tKm~ h~not or of tlw k?strurnem sscw~d 1~tr6y. .
11. (n additfon ro tM fo~pa^0 eno~thtY WYmeeri of prin~ p~l u+d {nr~re~t raquir+d by rM pranfuory no?~ ~ecund Mr~bY. mo.t9+pw oow~aeb
~nd ~prNS ro pa~r to enortppN with ~~ch monthlY p~Yrr»nt ~n ~dd~~an~l ~um ettimattd by mottpp~e to be pwl to 1/12 of tM annwl cpt of tM folbw-
Inp: -
A-All rNl propNty t~x~s Iwisd w~~sessed apai~~t the ~bov~ d~uribed rs~l e~r~re.
a-Pr~miurtn on fir~ u~d windsiw~n ~nsw~nu F~~.c~n requ;,ed to b~ urried on the ~mprovam~nn s~tu~re on Me ~bove desc.;bed preml~a.
C-Pr~miwrr on such nnwt9p~ puar~nty iniw~nc~ a~ Mortg~pee shall trom t:me to t~me deem fit to t~rry o~ tha b~n secvred h~reby.
1Nort9pN ~hall from Nrr.~ fp tim~ notify mony~por ~n writinp of tM ~mount dw and p~yabl~ Mreundar and ~uch wm shall thawpon b~ du~ ~nd
pay~bi~ on th~ dw dat~ oF th~ rwxf monfhlY paym~nt and exh iuccesalv~ monfb the.e~fter unril mortpaqee ahall notify mort9~ga of ~ ch+np~ in such
~n+ount. Such sum~ ahall b~ppli~d by nwrtyap~e tow~rd the p~yrn~nt of na! property t~:es, imuranp pr~m:ums, ~~d mortp~ 9wranty k~sw~n~y
prNnlums. •
1N WITNESS NMEREOF, Mw s~W MORTGAGOR h~s Mrwnto s~et his h~nd ~nd s~d Ma day ~nd y~ar tint afw~said.
Elpn~ d~d ~nd dtl n~d In tM pr~na of: '
> ' ST lUC1E CQUNIY FIA. ~
aOCER POfTA~S 1 . Brooks
Q
~t[^i C?F:CUIT COURT , ~
- ~ - -r~~~f~ tt J. ~ ooks n
.
STATE Of fLOR10A t ~ F~ P~ O 9 26 ~N l ~
COUNTY Of St • I.l1C ~ 3 9 4
1'~
~ ~ ~~~~r Lloyd W. Brooks
.~d
BlttY .1. BlOOks ~ hi~ wlf~, to m~ vwll known aed knpwn fo m~ to b~
M+~ IndivldwM dMCrib~d In u+d wia ~x~cutd tM fwpanp inttrum~nf, and acknowl~.:~~ ~-4
~ r.x ah.~t r!~± ~x~cvt~d tM wmi fw th~ p~wpo~w
t1+~rNn ~ttprNNd. And tF» wu BettY J. BZOOk8
,,,~f• o~ ~,...b - Llovd W. Brook~ ~ ~
~x~tion by nw t~kN+ wp~t~» and ~pan han M~ atd husband. ~ekrwwl~dp~d ro~nd b~fon en~ th~t aM ~x~eut~d s~td MrtrwnMt hNly ~nd voluo-
r~rily ~nd witho~rr ~nY comP~ls(p?, comt~~lnt. ~ppnhension~or fsar of or from Mr uid hu~bu?d.
WRNESS mr h.nd •nd offw.l ..al thi• %J~ ~y ~ R Z A. D. 19..~_
.~i
Na.ry Pvblk ! nd i th~ Stan of Fbrld~ N t~rp~
RNwn Ta. Mr ~~m~ ~~PI~ ~
~ 4~~~'.t~ Notary PubGc: State o{ ~!o:i~a at farqe
~!y C~rr.r.?;; ~~n Ezr,;;M itt~y 22. 198)
fMT PitK~• ~r~s•. A:..~'.un fvs 3 ~~a~:i~ Cowya~y
fort ~INC~. fIW1d~
Thit Instrumsnt Prepared By Robert J. Evans~ _ Jr.
F1rst Fsd~nl Savin~s b loan Association • a-~-
of f•ort Pi~ra~ .
FoA Pierp, Florids 33450 v _
U R Q~ " { r - .
Chetked By ~ B~GK~V~ iAf.~• ~92, 3- ::-.~~F.:
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