HomeMy WebLinkAbout0808 Te pl~a ~nd coneinvously kt~p on ~M buisd~nqs now a I~~~hN ufwN or s~id i~nd ~r+d o~ all cqu~p~n~ro ~nd pawn~Qy cova~d bY thia ~nor~
ap~, with ~l) pranivms tAtrton p~~d ie? full, fir~ in+vnnc~ ~n ~l+~ v~u~l ~undad poticy fo+rn, in ~~w+~ ~pprov~d by ~hs MORiGAGEE. ~nd wind~torm
fnsw~ N M?~ ~~wl ~~++~.d pol~cy form, in •~wn ~pprov~d by tM MORTGAGEE. in wcA canp~ny a comp~~NS u tM MOQTGAGEE i*ay
dhscfj ~nd dl ftn ~ad wi~dsw.en ~~w.a+n po1~u~~ on ~ny o/ M~d bu~ld~np~, ~ny ter~.~~~ dw~M o. pan ~Fur~ol, in tl» pprp~q wm afa~wW a
In axo~ IMr~ol. ~Aall comain th~ wwl ~und.?d mor~pp~ clauw a ~vch o~lwr c1~vN tM Mat9pM m~y rpuu~. makinp dv Iw~ und~. s~~d PdF
cia, wch ~nd ~wry. paYabN b Nid MORTGAGEE a~ iU inN«~I m~y ~pp~w. ~~+d tach Md ~v~ry tuch poi~cl/ ~hall b~ p~omp~ly ~u•p~d ~nd d~livN~d to
~nr Iwld by wW MORTGAGEE ~s fwtMr ~.cw~~y ~o s.~d ~no.ip.~. d•br. .nd. na 1.~ ~Mn (~0) d•ys ~n .d~anc• of ~h. .~p~r.~~on of ~KA pO1Ky. ro dr
iiwr b a~id MORTGAGEE • rNww~{ tMrw(, top~tF?H witA ~ nu~pt fw tM prNniwn oi ~uch nMw~l; ~nd tMr~ ~MII b~ no fir~ w winds+arn Inaw~nt~
plapd on ~ny o1 uid buildkq~. ~ny Int~r~it tlw~~in or put tMr~of. unl~u In tM fan~ and with tM lou pay~bl~ ~(w~wid~ a~d In tM ~wnf ~ny turn
of moner b~co~ ara~ PakY a PaK~~+ s~W MORTGwGEE •h.11 Mw th. opr~w, ro nc~iw and ~ppy tM sam~ on ~ocounf of tM ind~bt~
nM~ Ntw~d hK~by a q p~rmit ~aid MORTGAGORS ro rK~iv~ u+d us~ H w any part 1h~~eof fo~ orF+er pu.poses, without thereb/ waivinp u~mp~ir•
Np ~ny puity~ li~n p ripht uedM w by vi~tw oi tlds mortyp~r ~nd in tM ~wat uid 1NORTGAGORS ~h+ll fo. •~y reiwn f•~I a k..p tM N~d a«~+~+.a .o
Msw~d, w fiil lo d~liwr promptly ~ny of Nid POIK~N of inauranc~ ro u~d MORTGAGEE, w f~it promprly to pay fu~ly any pr~miv~n t!»~~~or w in ~ny
- ~~~pM f~il b prfwn4 d'acMr~e. lkKUt~. ~ff~ct. canpt~t~. tomply with W+d ab~ by ~hi~ oov~nanl. a any p~~t Mrwi, said MORTGAGEE n+ay plac~ ~nd
p~y fw ~uch Imuranc~ w M+y p~?t tMr~of wirho~t wuviep w~ffsainp uiy optiai. Q~n, pu~~y, w riyh~ und~. w by virtw of ~his Mo.~p+p~. ~nd ~l+c ,
full am~xrM of ~ch and ~wry wcA paYment ~h+ll b~ imms.iiardy dw ~~d p~y~bb ~nd ~hatl M~~ int~r~st (rom tM dN~ ~M~wf untfl paid at th~ ~at~ of •
ntn~ pM pnhrm pa anrwm and toy~tMr with wch intr.n~ ~MII b~ secwtd by tM lite of this i++atp~~.
4. 1o p~rmit. commN ot wff~? ~o wult. impairrmnt a dtterior~tion of ~aid prop~rty or any p~H tMreof.
S. To p~y ~11 and ~H+pvla~ tM eoat~. eh~rya~ ~nd txp~nkf. ~netudlnp ~ r~ason~bl~ ~ftorewy's ~N ~nd eosq of ~bitraets of titl~. ine~rr~d a p~id N
a~y tim~ by wid MORTGAGEE, baws~ or in tM ~v~nt of ~M tailw~ on tM paN of tM uid MORiGAGOR ~o duly. promptly W+d fvlly p~rtwm, di~ch~~qR
~=~cut~. ~ff~ct, con~pleq, oomply with ud ~b~de by ~ath ~nd ~wry tlw ~tipul~tion~„ qre~ment~, tadition~, ~od tov~nants of s~id promiuwy noN ~nd thi~
matpap~ ~r a~i?Iw~. u+d N~d to~n. cMr~s ~nd ~ap~~es. ~~cA ~nd ~wry, ahall b~ imrtNdi~t~ly dw ~nd pay~blr, w1+HMr w not tMn M notk~ dt
rn~nd, ~1Nmp1 M oo11M o~ suit ~~diny; ~nd tM (ull ~moum of e~ch ~nd ~y wch paym~m sMll bse. int~re~t from the dat~ tM~eof until p~id N tFw
r~tf Of niM pfI C~nfVn~ pN lnnum7 ~nd all ~~id costs, charget and e:pe~us incurred w paid; toy~tMr with such int~rNt, sM1t bt secund by tM Iwn ol tha
^wrtpap~•
b. That (a) in th~ event of ~ny.bre~ch of Mi~ Mortyay~ a default on tF» p~rt of ths MORTGAGOR, or (b) in tM eveM ~ny of w1d sum~ of n+o~ey
hHtln n~Mt~d b b~ not promptly +nd fvlly paid wi~hin th:rty (30) d~ys nen~ after 11+~ s~me Nverally became dw and payable, withou~ d~mand or notict.
or W Y+ tM we~n ~ach snd ~vNy tl» slipul~tiont, pnt~nh, con~rion~ and cov~nn of sa~d praniswry noq end M~s matp~ ~ny a ~~tlk~ ~r~ na
lvly. prpnptly ~nd fully pKfwm~d. d~xMrped, uecuted. ~ffected. compt~red, compli~d wi~A and ~b~ded by. tMn in eiti+sr w~ny ~uch w~n~ tM said ~g
prp~t~ wm mentaewd in said promisaory not~ then r~maininp unp~id, with inttr~st acuwd, u~d all mw~tys sscvred hereby. ~h~ll b~aom~ dw a~d p~Y
~b~ for~hwith, a tMr~ahM, ~I th~ op~ion of said ARORTGAGEE, u fully ~nd cornpl~rely it •II of ~he s~id wms of money wen otipin~lly stipul~ted
to b~ p+id on wch day, a~ythinp in t~~d prom~isory note a i~ this Mort~~ye to tM conua~y notwirhst~ndir~q; ~nd therwpa+ w thereah~. at tM op~ion of
~ald MORTGAGEE, without notic~ or d~mand, suit ~t I+w w in puiry, 1h~refw~ a tMre~fqr beyun, may bt p~ostcuted ~s if ~11 ma+~ys t~tw~d l+Keby
Aad nwhK~d pna ro i» 4atitution.
7. Th~t En th~ ~v~nt tMt a~ tM bpinnirg of or ~f ~ny t~m~ pend~nq ~ny su~t upon th~~ Mo.tg~g~, o~ w faecloN It, o~ ro nfonn it, a to ~nforu
p~ym~n1 of My d~imt Mrwnd~r, uid MORTGAGEE ~MII ~pply to tM Court h~vinp juri~d~ction ther~of fot tM appantm~nt of a Rec~iw~, s~th Cou~f tMll
....~a... . .d ..w ..+.+.*e.n.el .+roo.m •11 ~nd ainout~r. inelud~no ~N ~nd sinouln ~h~ ineorn~. aofiri, i~wq ~nd r~v~nw~ irom whaf~v~r
- - - ~ - • • _
q~ru darlv~d. ~~ch ~nd ~very of whKh, if b~inp ~xp~e»ly und~+~tood. i~ Mr~by nwrrq~ged if ~peufic~lly set forth and detuib~d In tM p~~ntinp ai+d
hab~ndvrn d~wa h~rwf~ Md ~YC~f RK~IYN aM11 Mv~ ~11 the b~oad ~nd tffactive func~~on~ AMI POwl~t if1 aflywiN MtfYftld by a COY~1 10 • RlCfIV~I, ~nd
~uch ~ppolotm~m ~lull be m~d~ by tuth Coun ~n admitred equiry ~nd ~ rrnttM ot ~~sotv» ~iyh~ w said MORTGAGEE, ~nd without hfer~ntt ro tM
~dp~acy w In~d~quacy of th~ vdw of tM property raon9~yed w to ~ wti~~cy or inwlv~ncy o( ~~id MORTGAGOR a tM d~fend~nt~. N+d tMt sucA
r~nt~, profiu, Inconw, iww~ ~nd r~v~nws ~hal~ b~ appli~d by ~uch R~ceiv~r ~ccordinq to tM Ihn o~ puity oi ~aid MORTGAGEE ~nd tM pactiu of wch
C.owt.
To duly, p~anptly ~nd fully p~rform, discMrp~, ex~eut~, ~ff~ct, compl~t~, eomply wtth and ~b~d~ by ~aeh ~nd w~ry tM ~ttpul~tioea, pr~nts,
condltio~r and cov~m~ in u~d promitsory not~ ~nd th~~ mwtpap~ ~~t forth.
9. ThN in tf» ~v~m tM owrwrthip of tM mort9ay~d pr~mi~~s, a any part thereof, b~com~~ ws»d In ~ p~non oth~r tMn th~ MORTGAGOR, tM
MORTGAGEE. IM wcuswn ~nd auipns, may, without norrce to tM MORiGAOR, deal with iuch succe~sa w tucceuw in int~rNt with ~e~erMt~ ro thia
mortyp~ u~d t!r d~b~ Mr~by Ncw~d in tM tam~ m~nner a~ with Mo+tppa without In ~ny w~y viti~ttnp w dischar9inp th~ Mwfqpon' (I~Wliry Mn-
undK o? upon tM deM Mr~by wcwed. No ~al~ of ~he Fr~mi~es h~r~by monyap~d ~nd no fwb~ar~nc~ on tF~ p~rt of ~h~ MORTGAGEE w Ih wouuora
or aw{pn~ ~nd no ~stemion o1 tM tGn~ for tIN p~yment of tM dtbt Mr~by ~ecw~d piwn by rl+~ MORTGAGEE or i» Nxawon a usipM, ~MII op~ra»
ro rN~~w. di~drrp~. modify durq~ or aff~ct th~ wip~n~l Iiab~Gty of tM MORTGAt'.OR l+~nio, NtMr in wlwb ot In pat.
10. tt b sp~cifk~lly aprkd tMt tim~ i~ of rM ea~encs of thi~ co~tnct and tMt no w~~wr o~ u+y oalip~tip~ hKwnd~r p of tM obllpation ~r
px~d h~r~bp ~Aall ~t ~ny tkn~ fMre~h~r b~ Mld fo b~ • waivK of tM brnr Mrwf w of tM Ir»trureNm s~cu~~d M~by.
I1. In ~ddition to M+~ iwpo:ny monthly pa~ment~ of princ'p~I ~nd int~re~t ?puired by the prom~uwy not~ secvr~d Mr~by. mwtqpor cown~nb
s~d pr~ to p+y to morty~gH w~th ~~ch monthly payment ~n ~dd~riond ~um e~tim~t~d by mwtp~pet to b~ fqual fo 1/12 of tM annu~! to~t of tM follow-
{np: ~
A-All resl prop~rty taxn I~v~ed or •neased ~gaiaat the ~bov~ d~acribed re~l eit~b.
I b-Pran~wrw on fir~ ~nd winduorm i~wranu as hKCin requ~red to b~ urried on the improv~nt~ situne on ths ~bove desaibed pr~miua.
! C-Premium~ on ivth mo~tg~y~ yvar~nty insurar~t~ +s mortgsgee ~hstl from t:me to time de~m fit to t~ny on IAe b~n ~ecured Mr~by.
; Mort9pN ah~ll froen tim~ to tirrw not~iy mortysgor tn writ~np of the amounr du~ •nd payable Mr~under ~nd ~uch sum ahall tl+Nwpon b~ dw ~nd
E payabb on th~ due ~~q of th~ n~xt monthiy payme~r •nd e~ch •ucccuive month the.esfter unril mwtp~yee shsll notify mortpagw of ~ ch~ny~ in tuch
•movM. $uch wms ~F.all b~ ~pplied by mortpapee roward the payment of r~al properry t~Res, insurante prem:ums, ~nd mortpy~ pu~ranty insur~nq
~ p~tmfuTS.
! IN WITNESS WMEREOF, tM ~~~d MORTGAGOR hat herwnto ~tt hi~ Fund ~nd ~~~I th~ day ~nd~y~a~ fint ~fp~Hid^
p Stprwd, S~~bd and d~Nv~r~d In tM pr~Nnc~ of: y J
1 C~n/ / . ~.i~ (~,G~ L~-- IS~aQ
i Susan B. eavy, a sing ~ adulty~~
s, ~
, R..q
~ ' ~0
~ STATE OF fIORIDA
~ ST, T.it~T~. ~ S5.
~ - -
~ ~fa• ~,,,~~Y Susan B. Peavy, a single adult ~pqc
~ 7~ ro~e?~ vw11 knowe .nd known a ew to b~
~ rh~ Indlvldw' dMVib~d In ud who ~x~ew~d tFw fwpoinp leutrvrn~nt, w~d ~tknowNdp~d b~fon er» th~t Sr1e~x~evt~d tM s~ fot th~,Per~o~M
~ fMr~k1 ~xp~N~d. ~~4R~~Y~ , ~ .~+;~ti ~
t•
wlf~ of 1M Ntd Vpdi
~ ° ~~lIMMwlep ~ 3111Fw1M1 ~i~A1~w1~ ~~RPfi6i1F ifi?~ 9~B~i+~` ~2fd~dG~iH~A~B ~neF B~~ ~ il"dF ~'iY~tiRO~ T/~ ~iftl~ . ti' .
~Mll,~i ~111AeUi iNy~!l~I~plIAe1F ~Ofi111f1f~'i~FiiwifiTo7
33?~iJi'~f ~ ~~i i~'~A ~ir~1." " ~ r 5 •'r~~ / I , ~ U ~ ~
~ WITNESS my h~nd ~nd offlcNl s~~l thi? d~y of
~ ~ - . y~y !4~ -
_ 1 ~
_ •
- Na~ry Vublk In ~nd for tM San ,~at`lip~ '
- MY ca+tinu.ia, .xpl...: ~O' ~ D ~ _ ,
R~turn To:
- Flnt hd.rd S.vtnp~ i toan Aswci.tia+ '3%~
Of Fo~t P~~rc~. -
~ fort ii~?u, Flpida
" jj~ EO ANC RECOROE[
~ iT.IUCIE COUNTY FlR
` This Instrument Pro red B Carol B. Burns aOCER POITRAS
,Y Pa Y r~ K ~s:aCUl
~ Fint f-ederal Ssvin9s 6 loen A~soci~tion ~ ~~E~
~ of Fo~t Pieres u
Fort Pisru, Ftorida 33450 FE F Z.~ 3 2 1~ ~
~ ° kY 2~2 P~~E 840 .
~ Checked BY
~ ~~~6
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