HomeMy WebLinkAbout0800 To ptaa ae~d condnuo~sly kNp on ?M bui!d~nps now or hN~~hK ~ilu~~~ or ~~id I~~d ~nd on ~11 pu~pm~nt ~nd pawnally cov~r~d by Ih4 ~~P
p~. with dl p~ rhtr~on p~~d in futl, fir~ in~ur~nc~ u? ~M usual •e.nd.~d poiK~ lo.m. in •~um ~pp~ov~d by eM MORtGAGEE, and wind~~am
ieww~ h~M vwal •und~.d po~~cy fo.n?, i~ ~•un+ •pp.ov~d by ~M MORtpAGEE, G+ wch canpany o. canpan~a •a ~M MORtGAGEE imy
dM~t ~nd ~U fk~ ~nd w~ann iniwar~ po1KN~ on ~~y of ~+id build~f~f, My If1tHfN IANf111 01 p~?t Ihf~~Ol, ie ~I+~ ~pp~ep~~~ w~n ~fa~wid w
N u~pa tl~wf. ahall com~in ~h~ uswl iur+dwd ma~ppM cl~uN a~uch odw~ c1~uN ~M Ma~pwN rrwy rpuir~. m~kinp ~M bN u~dN ~a~d po~F
ci~s. Nch and wKY. Wwb~~ a~aid MORTGAGEE ~n iro~r~n m~y ~pp~a?. ~nd fKA a~ ~wry ~uch poiicy ~h~fl b~ promptl~ ~a.yn~d ~od d~livKSd ~o
~n~r MW by Nld MORiGAGEE a fw~hK ~ecwiry ro aaid ~nor~pp~ d~b~. ~nd. nw I~s~ tMn ~~n l10) day~ i~ ~d~anc~ ol ~h~ •:p~~~uon ol Nch po1Ky. to dr
Nvv b Nid MORTGA6EE • n.ww~l rhKwf, eop~~Mr witA • nc~~p~ M. tl» p~mium of ~vch .~w+lj ~nd ~M~~ ~hall b~ no fu~ o. wl~~an+ itiuru~u
pl~d on aMr d Nid bulldlnps. ~ny Mrarql tMn~n o~ pan 1Mr~oi, u~l~q In tM /onn and with ~M lou par~bb •fwtNid: a+d in tM ~wnt any wn~
of nwn~y baon~ p~abb w~d~r wcA polky w policN~ s~id MORTGAGEE dull Mw ~M op~~on to nc~iw ~nd apply tt» ~arn~ o~ ~ccount of tM Ind~bad
n~ wsw~d M~~by a 1o pMn+it w~d MORTGAGORS to r~c~iw ~nd vw N a•ny p~rt ~Mreof fw o~her purpout, w~~hwt ths~~b~ wai~in9 or ~mpair-
4q ~nr ~qui~r. II~n o~ riqht und~. a b~r virrw ot Mi~ morrpp~r and in tM ~ven~ a~d MORiGAGORS s1u11 tor ~~y ~~awn fail ro kNp th~ aid pr~a~s w
Inwnd, w fai) 1o d~liwr p~anptiy ~ny of uid polKies of Inaur~nc~ ro aid MORTGAGEE, o~ fail p.omp~ly ~o pay futly ~ny p.~mium tl+~.ef« w in any ~
r~~p~c~ fdl w p~rfonn, d~scl+arq~. ~aecur~, ~H~ct, canpler~, cornply witA ~nd ~b~d~ by th~s covM~n~, a~ny p~r~ henof, ~aid MORTGAGEf m~y p~~ce •~d
p~~ fw wd~ 4awM+q w w?y part M~rwf witAo~t w~Fvinp a~f(.c~inq anr op~~a~, Ikn, pu~ty, w rph~ und~r a by virtw of ~his Mo.~Qp~. and ~he
fvll aenounr of ~cA ~nd ~wry wcA p~ym~nt ~MII b~ im.n~di~t~ly dw ~nd p~y~bb and ~MII b~~~ i~tK~~t from ~h~ d~t~ ~M~eof u~~il paid at ~M r~t~ ot '
ni~ p~r c~ntwn pp ~nrwm and ro~ether witA wch inrerest alull bE ~ecurtd by tM Iien of thi~ matpay~.
1. To pNmit. conrnh w wff~. no wuN. impa'arrKnt w de~aar~~ion of uid propaty a~ny put fhcrwf.
S. To p~y ~11 ~ed ~ieipulM Hw cw~s. chup~s ~nd ~~p~nMti includinp • rwwn~bl~ ~nwney'a f~e and co+ts of ~bsr.~ct~ of tirt~. incurrsd w p~id ~t
~ny ~Mn~ by uid MORTGAGEE, bKaut~ a io tM ~~~nt of tl+~ f~itur~ on tM pan of tM uid MORTGAGOR w d~ly, promprly and fulty p~rfwen, d~xM.y~.
~i~cvt~. ~fhct. canplet~. aanply w~th and sb~ by ~~ch ~nd w~ry tM ~lipul~t~oen, pretm~nq, tonditiona, ~nd tovtr?~nb ol u~d p~om~ssory not~ and ~hu
maqp~ ~ny or ~i~hN. ~nd ~a~d cwa. charp~f and ~:pense~. ~~ch ~nd wery. ~MII b~ immediN~ly dw ~nd pay~Eb: wl~erMr a not rMr~ b~ notrc~ dr
nund, ~tf~mp~ ro oolbc~ w wit pu~diny: and rM fuli ~mo~m of ~~cA and ~wy wcA paYrn~nf ~MII bear im~r~a from tM d~re tMreof umil p~id the
rate of nin~ p~? ctnfuen pN ~ruwm; and a11 s~id costt. ch~r9e~ and ~:penus incvrred o~ paid. topNhtr w~th such inqre~t, ~MII b~ utur~d by t!w liK? of thi~
^wrtyp~•
6. Thal in th~ ~vsnt of any br~uh ol ~h~s Moripp~ w d~fwlt on tF» pah of rM MORTGAGOR, or (b) ~n rM ~veM ~ny of s~td wms of monsy
Mr~h nfNr~d to b~ na panprly ~nd fvity pa~d within th~rty (30) d~ys next ~fter the ~un~ s~v~r~lly become dw ~nd p~y~bl~, wi~hou~ d~mand o~ notic~.
or (t,) M tM ~vtM ~~th ~nd ~wry tM ~tipul~~ions, sprN.n~nn, conQNion~ and cow~ann of w7d praniuwy nor~ snd th~s mo~t9a9e any w t~thp u~ not
~+M. P~a^P~h snd fully paforn+~d. d~scMrp~d, ~secu~ed. effecred. compl~t~d, compli~d witA ~nd ~b~ded 9y. ~Mr~ in e~tAer w any ~vcA ~wnf th~ uid p.
prp~» win n~?riw»d in Nid promis~o~y noM ~hk? r~m~ininp unp~id. witA intu~st atuwd, ~nd •II mon~ys ~twed h~~~by. ~MII b~can~ dw ~nd pay-
+bb /wthw~th, a ~MrNfi~., ~t ?M op~an oi sud AhORTGAGEE, a fully ~nd canpl~~~1y a~ if ail of tM uid w~ru of mo.~~y wer~ o~qin~lly ttiputa~ed
ro b~ paid on ~vch day. a~ythinp in u~d promhw~y nore a in tha Mortpp~ to tM convny norw~~h~and~np; ~nd thcrwpon w thereaher a~ ~M op~~on of
uid N10RTGAGEE. witiww na~u a~mu+d. wM law or in pu~ty, thertfa~ a tMr~+ft~~ bpun, m~y b~ p.owcured if ~11 mor?~y~ ~ecursd Mrsby
had matw~d par ~o In~Gturion.
7. TMt b~ tM ~v~m that ~r rh~ be9inniry of o~ at ~ny tirne p~ndiny ~ny suit vpon thi~ Matp~p~, w to faeclos~ it, w to nform h, a fo Mfap
paymew~ of «ry d~ims I+K~urd~r, sa~d MORTGAGEE ~h~11 ~pply to tM Court havinp jurisdicuon thertol for tM appo~ntm~nt of • RKf1VN, wch Cowt sMll
forthwNh ~ppoinf • nqivN of uid matpp~d property •II ~nd •irgulu, includ~rp ~II •nd sinyv~ar ~he incom~, profi». is~ut~ and nwnws from wh~t~ve~
wuru d~riwd. ~ch ~nd wMr of whKh, „ bsN+o ~xprNSly und~r~rood. u Mr~by ma~9~ged a if sp~c~ficdly sN fa~h ~ed dNCrib~d i~ tlw pr~ntinp ~nd
hab~ndun+ dsu~ Mrwf. ~nd ~uth RK~IVM anan hav~ NI ~M broad •nd fft~Cf~V~ fuAtt~plfs ~fld POw!?f ~~1 Myw~M MttUlffO Dy • COY?1 10 • RtCtivN. ~nei
wch ~ppoinmw+f ~hall b~ e»d~ by ~uch Coun ~t ~n ~dmin~d equity and • nu~tN of •bsolut~ ri9M to Nid MORTGAGEE, ~nd witho~t ntv~nc~ 1o tM
~d~qu~ey a Inad~Quaey of tM vdw of ~M propaty mw~p~9ed a to ~he ~ow~e~cy w~nwlv~ncy of ~~id MORTGAGOR a tM d~f~nd~nn, ~nd rlut ~uch
~Mt~„ p~ofin, Incan~, i~wN N+d rw«?w~ ~ha11 b~ ~ppli~d by ~ucA R~ceiv~r auwdiny to ~M li~n or puiry of uid MORTGAGEE ~nd tM pr~ctiu of such
Caiet.
To dvly. pranpNy and tully p~rfwm. d'ntharp~, fl[KWI. ~H~ct, oon~pl~t~, comply wlth ~nd ~b~d~ by ~acA ~nd ~wry tM atlpul~tio~u, p~Nm~nn,
oonQltions ~+d oov~nam~ in w+d praniuay not~ ~nd ~h~s mortpp~ Nt fwtA.
9. ThN In N» ~vN+t rM c.+rrrship of tM mo.r9~q~d p.ani~, a~ny parf tMrw~, b~mmh vNr~d In • p~non otMr tMn tM MORTQ/1GOR, tl+~
MORTGAGfE, M~ wn~won and Napm, may, withovt noritt to tM MORTGAOR, tMa1 witA ~~cA ~ucc~twr w succt~wr in inNrat with nfa~nc~ !o thu
monpp~ ~nd rly d~M lweby wcw~d in ~h~ s~ n+~nn~r u wi~A Morrp~pw wi~law M~ny w~y vi~~nlnp a. d~xMryinp fM Mo.r9pw~' INbility Mh-
undw w vpon tM d~b~ M.~by wcw~d. No aN~ oi rM p.«n~sa Mr~by nwrry~p~d ~nd no fwb~annc~ on ~M p~n of ~M N10RTGAGEE or In wa~uon
a wfpna aid no ~xtwrlon of tM tient fa tM payrran~ of tM d~M M~~dy atw~d plwn by tM MORiGAGEE o~ in ~uea~~son a as~ipro. ~MII op~r~t~
ro?N~w, didwrp~, ~nodifp th~np~ a~ff~ct tM apinal li~bil~ty of tM /WORTfiACAR A~t~in. ~MMt in whol~ e? In put.
10. N M~p~eifiulFy pr~d thu tlm~ i~ of th~ eswnt~ of thN co~Mr~ef u+d that ro w~lwr of am oblip~tio~ hu~,w~da or of tM obllp~rtoe? sr
cvnd Mr~bp ~haU ~t ~ny tirr» tMr~~hM be MId to b~ • w~iv~r o~ tM t~nrr I+Kwf o~ oi tM leatrwiwet wcur~d Mrby.
11. In ~dd~tfon ro tM ~orpo:nq ma+thly•paym~nh of prin~ p~l ~nd 1nt~rNt ~pvir~d sy tM praniuwy nor~ ~ecvr~d Mr~by, mort9apor cown~nt~
~nd p~~es ra p~Y to n+o~tppti with t~ch monthlY p~ym~nt ~n add~~an•1 •w++ •u~m•~.d by monp.p.. ro M pu•1 w 1/12 of th. annwl cos~ of rM fdlow•
A-All rNt propKty t~xe~ kv~ed o. uu~sed ~p+~eit tA~ ebov~ dac+~bed r~~l ~~ub. -
S-Premium~ on fir~ and windsrwm in~w~np Furein ~equ~nd ro be curied on the improvem~nh ~itwte on th~ ~bov~ de~aib~d prtmiu~.
C-Premium~ on such mortQ~ye yuaranty i~fvr~r.~! mort9s,~e~ thatl from f~rrK ro tim~ d~~m fit to ta?ry on th~ Iwn ~ecured hereby.
MwtysQ~e ahall irom rime to firn~ nor~fy mo.tyayor ~n writ~np of tM ~mount du~ ~nd payabb hN~unde+ ~nd ~uch ~um ahall tF?Kwpon b~ dw ~nd
p~yabl~ on the due dat~ of th~ n~:t monthly p~yment •nd ~acA succcniv~ month thereaft~r until mortp~qa~ ihall notify mortppor of ~ charg~ in wci~
j ~mount. SucA ~ums ~F~li b~ ~ppifed by mor~payee rov.ud the p~ym~M of r~~l p~op~ny ta:~~, iruur~nc~ prem:um~. ~nd mortpaye yw?anty iMUranq
~ pr~rnitieels.
i IN WRNESS WHEitEOF, tM asid MORTGAGOR hat herwnto at hi~ h~nd ~nd N~! tM d~y and y~~r fint ~for~uid.
E SIpMd, S~al~d u~d d~Iiwr~d In tM pr~Nnc~ of:
' ~ ~..a..Y~,- a~G~.LC.`
f ~
_ TDSP L. Str~-~tet~~.... ~
~ . . K ~z t h 1 e e n ~G. .rt •
# STATE Of FIORIDA ~ ' r,,f lr~1.''
~ er M<.S~' • .1:.~
~ counttr oF ~ t Lu c i~ s,• ~..p~ . ci ;
• lnc~r~h 1_: .~i`f-Y;~Yc~r ~vr. :
~ l~for~ er»p. rson~q ~pp~u~d ' -
~ Ka*h~e~n G. S*_r~~te- hi•w~t..ro~.w:u~e~.~? ' rob.
~ th~ Indirldwb d~wib~d {n ~nd who ~x~cvt~d tM f«~poi inttr r, ~nd J~dp~d b~fon ma th~t
tMp ~a~ody~d tj~ Pu~PwM
~ d,...tn •~cp.~wd. Ae+d fh. r: a t i. 1 e e n G~ t r.'~ t e r ir,, `;.c•
~ wN~ d th~ ufd ~TO S e~tt L. ~~i t e r ~...~.*.`~41 ~.,.r
~ ~~«nination b~r n» t~k~n ~n» ~nd .o.n fran Mr N7d hwbu+d. ~eknowl~dp~d a~nd b~fon en~ tMt ~M ~xKVt~d ~a M»1ron~+t bNlr~ii~d volver
~ r~.ly ~nd wnl~wr an~r eon+puWon, oe~utnint, ~ppnMn~n, a f~ar of w froen I+N wfd lw~bw+d.
~ d~y ~ Febru ~ ry A. D. 1978
s WITNfSS ~ery Fyrd u+d offkl~i wal ttih
~ ~
K
Na o In ~nd fw t!~ Sut~ of fbrid~ at Lara
~ y ion ~xpinr.
R~tu?n To:
Flrst f~dM~l Savleq~ i Loan /4wei~tion
Of Fprt Pi~ru.
Forr vi~.ca. Platd~
~ Notary ~:~Y. Stzte ot Florida +t la~g~.
~ MY Camnas:i4n f+~pi~es ALy. 3~J.
su..w a. A..nw F.. ~ 6..-+i G'~"
> ~
- This Instrument Prepared By G,~ ry F. El lwood
r;; Fint F~d~r~l Savin~s 6 loan Associstion
of Fort Pierce ? LEO AMD RECORUEC
Fort Pieru, Florida 33450 i~. ~.UCIE COUMTY FIA.
R6CER
• F~f. C:RC T C~U
~ Chacked By ~ 0 R ` ~i72 - -
y ;r~t.~r PAf ~
t FF ~ 21 Pfi~' 18
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