HomeMy WebLinkAbout0806 To pl~n ~nd cominuo~~ly kNp on tM bu~~dinp~ now or Aa~~f~K utu~e~ or ~~W I~r+d ~nd on ~11 aqvipm~nt ~nd pNSOn~lly covK~d by thi~ narp~
p~, with ~11 pr~miuny ?Mr~on pa~d in Iu11, I~r~ i~iur~nc~ ~r? ~M uswl wrdud polky larn, in • wm ~pp~o.~d b~ ~h~ MOItfGAGEE, •nd w~ndttorn?
{evw~np in ~ wud a~ndard po~~cy fam, tn ~ sum ~pprov~d by th~ MORTGAGEE, fn wch taep~ny a oaop+n~N « ~M M04TGAGEE wwy
dinctj ~nd dl ({n Md w~nd~rorm inaur~na Po~K~~ on ~ny ot ~aid 6u+~d~nqa. ~ny in?~~~ tMr~in or p~.t thKwf, in ~M pp~p~q wm ~fw~id w
M~aa tMr~of. ~MII contah tM wwl ~~~~d~~d mw~p~ clwN o~ ard~ o~hK cl~uN a~ tM MarppN m~y rp~u~, n?~IJnp r!» toa w~du u~d poiF
ctM. wch ~nd ~w~Y. WY~~~ a~aid MORTGAGEE a it~ iro~rnt rn~y ~pp~a?, a+d e~cA and ~v~ry ~ucA poi~cy ~Aatl b~ p~on+ptly sa~9n~d ~nd dttivK~d ~o
seqr h.ld by wid MORTt3AGEE ~s fvnMr ,•curiry ro+aid monp.p~ d.b~. u+d, oW Isa th~n t~n (10) d~y~ i~ ad~u+ca of tM ~apuation of Ncl+ po~ity. ~o da
IFvw ~o Nid MOtTG.1GfE •?~wal tMrwf, top~~l+K with • nc~ipt fo~ tM p~miwn of wch r~Mw~lj ~nd tMr~ ~MII b~ no i'u~ w wind~tai++ baw~u
p1~pd pn ~ny p/ s~id b~l{dinps. ~ny 1ntNaf tMr~in a parl tFwnof, unt~s~ {n tM form ~e~d wi~A IM tou payabM a~ afw~widj N+d ie tlw ~wnt ~ny wrn
of n~on~y b~ca~ws p~y+bt~ w+d~r wch polky w polKi~s Nid MORTGAGEE ~l+~II Mw ?M opuon 1o r~uiw ~nd ~pply tM s«n~ on ~ccounf d tM ind~btd~
nw Newd Iwnby a a pKmi~ uid MORTGAGORS to rec~iv~ and u~ it or .ny parr the~eol fa oehe. purpw~s, w~~hou~ M~r~bi wai~tn~ w unp~ir-
i~p anY p~?itp, 11«? w rqAl ~nd~r a bY ~rtw of tFw~ mortyp~~ ~nd in ~h~ ~v~nt N~d MORTGAGORS sMtl for ~ny reawn i~il to kMp iM uid p~«nita w
IMUr~d. O? fdl b d~livN promptly ~ny of ~~id polKie~ of in~vr~nt~ to u~d MORTGAGEE. w fail promptly ro pay lully u~y pt~mium thM~fo~ W in ~e~y
rNp~et f~tl w p~rfwen, di~cM~p~, ~x~curs. ~f1~d. eompl~t~, eomplY witA ~nd ~b~d~ by tlr~ eov~n~ni. a~oy p~r~ herwf, s~id MORTGAGEE m+y pl~ce ar~d
P+Y ia such In~w~nt~ or ~nr p~rt tMreof withovl w~ivinp o~ ~fftttinp ~nY oPtion. (i~n. ~V~~h?. a right vndM w by v'utw of this MatQp~. ~nd 11N
full arno~rnt of ~ach and ~wry tuch p~yrnent ~iull b~ immed~at~ly dw ~nd pay~bb ~nd sMlt bea~ int~r~tt from th~ d~q ti?Kwf until p~id tM nn of
nirN p~? pntwn pM aevwm ~nd toy~tl?~~ wi~h ~uch inre~N~ ~h~Q b~ ~ecured by tM iien o/ tha mwt9y~.
s. To p~rmi~, canrnit a wff~r no wa~t~, impairmem or dNe.aration d Nid prop~rt~r or ~ny put ~her~of.
S. To pay ~11 ~nd atnpular tM cw», ch~rp~s u~d ~xpMw~, includinp • aaw~aEf~ a»w~y i fN and coit~ of ~bstr~cts oi tltl~, incw.d o~ psid +t
ar+y tlm~ by w~d MORTGAGEE, b~uu~ a in tM w~nt of iM (~~Iw~ on tM put of tM s~id MORTGAGOR b duly, proenptly ~nd fully p~rfwn?, d~iehwqa
.~~eut~. ~ff~et, oompl~q. oorePh witA ~nd ~d~ by ~ael~ Md ~wry tM s~ipulat~oeu, ~prs~nwnt~. aonditioir. ~nd eown~nn of aid p.omiuay ~+ot~ and ~Ais
^+pt9p~ ~nY w~itlw. ~nd w~d oosn. cMrper ~nd ~~epK.~s. ~+ch ~nd w~+y. ~h+ll b~ immedi~qly dw ~nd p~y~btr, wMtMr a not tM~~ b~ notic~ d?
mw~d, ~»~mp1 ro collKf w wif pN+d~nq~ N+d tM full amoum of ~ad+ ~nd we.y wch p+ym~M sAall b~ar inr~.„i frwn ~1N dare tMreof unti~ p~id af rhe
rate of nin~ p~r c~ntum p~r autum; ~nd ~11 s~id costs, cha~Qe~ and t:p~nus i~cwred or paid. bp~ther w~iA ~uch interNt, ~MII p~ ucur~d by tM IiM of tha
nwrta+y~•
e. ihat in th~ ~we~t of ~ny b.each of thi~ Martpaq~ or defwlt on tlr part d~he MORiGAGOR, w(b) in tM ~vem ~nY of s~~d ~wn~ of nan~Y
h~in r~fKr~d to M not promptly ~nd fvlly paid wi~hin th~rty (30) d~ys f1lt1 •fiH tFN ~~n'1~ ~~vN~lly DICOm~ dw and p~yable. wi~hou~ duin~nd w notic~.
or W in tM w~m ~ad? ~~nd ewry tM stipulatioe+s, ag~e~menn. conQi+io~u and eownants of u~d p~omiuory not~ ~nd eh~s nwrtp+p~ any a NtlKr ~r~ nw
iuly, promptly and fully pKfam~d. d~acharped. ~xccu~~d. ~ifected. canpl~t~d. canpli~d wrth ~nd ~b~ded 9y. tMn in ei~Aer or ~ny ~uch ~wnt tM s~id ~g
prp~» wm mention~d in uid promiuwy not~ then remaininp u~i~ with inter~~t attrued, an~d a11 ma~eys qtured Mrtby. sMll b~ooerw dw and piy~
•bb fwthwith, Of tF1~tNffM. ~t tM option ot sud MORiGAGEE, ai fully ~nd canple~~ly if •II of rM uid wrru of mon~y wer~ aipinally supvl~~ed
to b~ p~~d on ~uch d~y, ~nytAinp in s~d p~om~aaory note a tn tha Mon9aq~ to tM conuary notwithst~ndinp; •nd ~her~upon a~hereafte. at ~M op~wn of
s~id MORTGAGEE, without ratic~ w d~mn+d, suit ~t law o~ in puity. thsrefw~ a tMr~ah~r Epun, may bt p~osecuted u if ~11 m«»ys s~cur~d Mrsby
had mafiN~d pt~or to iM IMtitution.
7. TMt in tl+~ rrsnt tMt at tF~e b~ptnn~rg of o~ ~t any tirr» p~ndinp ~ny wit vpon thi~ Mw~ype, or ro fweclos~ it, a b r~fonn it, a to ~nfwo~
paym~m of ~ny d~;m~ hK~undN. ~aid MORTGAGEE ~hdl apply to rM Ccv~t Mvinp juriadktion tMr~of fa th~ ~ppan+ment of ~ Rac~ivN, such Cowt shall
fo.fhwMh ~ppoint a nuiwr of uid monpap~d p+opcrry dl ~nd ~inpula, inctud~np ~i1 and un9vlar rl+* income. prof~ts, i~sw~ ~nd r~wnu~s frpn wMt~v~r
wurp dNiwd. ~ach ~n~ ~v~ry oi wA~ci+, ~t D~inp ~xp~~ssiy ~ndNUOOa, is n~r~oy rt?onp~eo a ii speuiiuiiy Ni io~ih ~~d oewiwd in ii~ v:s:,ti:~ i+sa
Mb~ndwn cl~wN Mreof. u+d ~uch R~c~iv~r ah~ll Mv~ •11 ~M b.oad •nd ~ff~aiw fvna~om ~nd powen in anyvws~ ~nnwt~d by ~ Coun to ~ R~u1wr, ~nd
~ud+ appoint~wm sAall b~ ~nad~ by wch Court u~n ~dmined equ~ty ~nd • nuttN of •bsolut~ ri9ht w said MORTGAGEE, ~nd withoul nfK~nc~ ro tM
~dpuacy w Mwd~qu~cy of tM valw of th~ prop~rty mortpayed w to fM totv~ncy O~ inw~r~nty of ~aid MORTGAGpR or tM d~f~nd~ntt~ ~nd th~t svch
r~nts, profif~, Incorn~, i~swa ~nd r~v~nut~ ~MII b~ +ppli~d by s~ch R~c~iv~~ ~aud~np ~o ~M Ii~n w~qv~ry of uid MORTGAGEE ~nd tM pr~ttiu of such
Court.
To duly, pranptly ~nd fully pNfwm. discha.p~, execut~. effect, co~npl~t~, eompty with and ~bid~ by wch ~e~d ~vKy tl» stlpulation~, prMem~t~,
condltiona ~nd cov~ros in said promuwry nor~ ~nd ~hia mortpaq~ ~~f fo.tA.
9. Thd tn tM wem tM own~rihip of the mwt9~y~d p~~miNS, o? sny part the~~of, b~com~s wshd in ~ p~no~ otFw~ than th~ MORTGAGOR, tM
MQRTGAGEE, Ms sutc~uo~t u~d auipm, may, wirhout notice to 1M MORTGAOR, de~t with ~uch wtt~up w succtfsor in int~rNt with nler~nce lo thi~ .
mwtyp~ ~nd tM d~bt Iwreby ~ecvr~d in tM ~~r+» m~nne. w~th 1Vlortp~pw without M~ny w~y vitiatlrq a d~.ch..ysr+p rh. Mo.+y.yws' p~bility Mrr
und~r ar upon tM d~b~ h~reby s~cvred. No ~st~ of ~he premi~ lureby mo.tpp~d •nd no fwMar~nc~ on tM p~n ol tM A40RTGAGEE o? Hs wa~swn
o~ ~wqrn ~nd no ~xt~on of tiw tim~ fw ti» p~ym~nt of tM d~M Mnby a~cur~d plw~ by t!w MORTGAGEE o~ it~ wwuon oi ~ssipro. ~MII opM~»
to rN~a~, di~tMrp~, modify d+u+p~ u aff~tt th~ wip:nal li~b;l~ty of tM MORTGAGOR Mr~in, ~ifhN in whob or M p~rt.
10. It b ~p~cifkally ~prkd that tim~ t~ of th~ eueoc~ of this contr~ct ~nd tMt no w~lwr of any aalfp~tion Fwwnd~r w of th~ obUpation ir
c~r~d h~r~by thdl ~t ~ny tlm~ ther~~fi~r b~ held to b~ • w~ive~ of tM t~rm~ Mrwf w of tM IeatrumMt Ncur~d h~rby.
I 1. (n additbn ro tM fapo:nQ monthly. psymenta of pri~c'p~l •nd inta~~/ rpuir~d by th~ promiswry nof~ ~ecur~d Mr~by. morfyapor cov~nufts
~nd prus to p~y to mortyaqe~ with ~ach monthly payment ~n ~dd~~an~I sum e~t~m~~ed by nwrtppt~ to b~ ~qv~f to 1/12 of tM ~nnwl to~t of t!w fol{ow-
i~; .
A-A~I red prop~rty t~xe~ bv~ed or asseued ~q~iap the ~bove d*uribcd real ~si~tt.
6-Premiums on (in ~nd windatorm in~uranu a~ hercin requ~red to be c~rried on the improv~nts sitv~te on tF~ ~bov~ deipibtd pnm4es.
C-Premium~ on suth mort~~qe yuaranty insurar.ce a~ mortg~gee shsll from t:rru ro time dc~m fit to c~rry on ths b~n setured F~tby.
Morf9~pN ~hall from rime to ~irrw notify rrtortgayor in writ~np of fhe ~mount du~ and p~y~ble her~undr ~nd such sum ~hall therwpon b~ dw ~nd
payabl~ on tM dw dat~ of th~ r~:t rtanthty payment and ~ach wtce»ir~ month there~her unril motfppee ~h~ll notify mortya9or of a tMn~ In ~uth
•mount. Suci? wm~ shall b~ ~pplied by mortpapee tow~rd the p~ymtnt of nal prop~?ty t~:es, ir»ur~nu prem;ums, and rnatp~p~ pwranry iewwu~c~
premluna.
{ ~ IN WITNESS WMEREOf, ih~ ~aid MORiGAGOR has hereunto ~et hu Mnd and ~eal tM day Md yyr fint ~tor~id.
~ 31pn~d, S~abd ~nd d~llvK~d In th~ pr~arK~ of: ~ ~ i
~ . , ~ , ~ /i
~~_,/'h ?c~~1L~~(5,~~q
~ Carol B. Gilmore, a single ad~j~
~ ~ 4 oT~ ~
: ,
~ STATE Of fLORIDA
~ counm oF St . Luc ie
k ~~~i~y Carol B. Gilmore, a single adult ~
~ -1+i~~iM~i to m~ w~ll known u+d know~ lo rt» b b~
~ tM Indlvtdwi d«erib~d In ~nd who ~x~eur~d dw iorpoinp trutrum~M, and ~eknowl~dp~d b~fw~ e~ tMt 9~18 ~x~cu»d tM wM fa tM purposN
~
?Mr~ln ~upr~~d. 71f1I~ f1A l~ld
~ .vlh"iS1~AR1' upwr*,+~M!N~!~d'/riwh
~ ~xanFn~rieerby-rnrt~kwrwpw~r~~r+~-~ps~*frvrn-f~rsa~k~lenb~++~~clmowl~dp~to'~nd~o~'mrthrt~t~r~x~cvnd'~d'MAeienwnr~lAf~'~elon~
~ twiFrwfd~wifF~OeA'w~Tterlrpel~lelr,ZARShlir~f: ~PPf~lwn~tOlr~ltlrOFOr'~TOftl'+I~f ~
~ WITNESS my h~nd ~nd offkt~l Nal ?tih o2 / d~y oi J-
- ~ 9. C/
~ NoNry Publk In u+d fw tM Sts1~; i l~l~f,.'-` J ; -
~ Mr Coenmiubn ~~eplrw s' ~~~a .
Ravm Ta. ; .
Y Hrn hd«d s.v~np. a ?p.n A..«~.tion ~ . . '
~ Of Fat Pi~rc~. - %',:1~..~ r,"' ~ . . ~ .
z /ort Plau. Flaid~ r~Ot2ry p4tit., StDte Q~`~'
; My C~mT;s;ion Expires Ott. 30, 1980~
; ~.wa Pr wr.. u. s.. a c..wrr txi«r
~
This Instrument Prepared By R. E. Poindexter
~
First Fed~ral Savinq~ 6 loan Association 394395
; of Fort Pierae
k Fort Pierce, Floride 33450
i~ GE .
~ , C ~
r'~ r coM.
~ Checked By - -11 R ~O~ ~ 198 . ~ ~ F1
9~CK PAG~
~ ~ F~~ 2 I 24 PN,~ 16
7 . • . , "
s~ '
~ ~t