HomeMy WebLinkAbout0634 To plac~ Md contimwusN kNp oe~ Mt buiid~n0~ now or hNahM ~itwN or uid land ~nd on ~11 pvip~n~n~ ~nd pKw~dly to~N~d bY 1Ai~ nwrp~
with ~1) prM?iuny tlw~~on p~id in full. fi~~ Luur~nc~ in ~M wwl u~ndud policr iwn4 in ~ wm ~pprowd by ~M JNORiGAfTEE. W+d wind~hxin
M~wana M ~M wwl ~tandwd pol~cy forna in • ~um ~pprowd b~r ~M MORTW?GEE. N~ wch ca*P+nr or N H» N10RTW?GfE in+r
dkatr ~nd dl fk~ wid wind~arm ieawa~a po~k~ on ~ny Of Nid bV1W~~1. M1Y ulfNpt iMt~L1 O~ pifl IMl~OI, in tM pprpa~~ win ~fa~wid a
M~xa~ tMnoi. ~11 conrain tM wwl ~tand.rd n~a~ypM dw~ a wd~ o~1w~ clwN a ~M Ma~p+pN mar rpuu~. e?~?inp ~M bw wdK s~d pol~
dw Mch ~nd ~wry. WY~bi~ a s~id MORTGAGEE a in infaaf m~Y ~PP~M. ~nd Nch and ~w?Y W+d~ Dot~cy ~F+dl b~ p.omptly u~.~n~d a~d d~liv~nd ~o
Il~wr~wW MORTGAGTG/1GEE•aW,hrr~rNCw
~to~ ii~h
ron~c~ipt for tM pnmiwnf oi~wch r~~in~w~y ~nd thM~~hall b~~~a f'u
a wlndua~~4wNMa
n~
pt~pd an an~r of aaid bvtWinps, ~eqr im~rat thK~M o~ pat tMnof, unl~w In ~Iw forn~ u+d wi~h ~M lou p+r~bl~ q~IW~NfA7 M~ ff1 fM ~YM~ My ~V1M
ef nion~y baa~~ ~YabN w~da wch poUcy a policiN NW MORTGAt~EE ~Aall haw tM optan w ncNw ~+d ~ppiy tM anw on ~ao~unt of t!r le~b~~
mM atw~d I~~by ar b p~mit ~+id MORTGAGORS 1o nseiw ~nd uN N a~ny put therwf fa othsr purpwa. wUhout ~Aa~br w~i~irq u wnp+i.-
~^P +~1~ ~b. li~n a ~ipAt w+dK a by virtw of tha mo+tpp~~ w~d in tM ~wnt Nid INORTGAGORS ~U fa ~ny naion f~il 1o kNp t!» ~aw! p~es a ,
Mrw~d a f~Il b driivM panptly any of ald polKis~ of iewr~nci ro uid MORTGAGEE. o. rs~i P.o~~iy ro P.r t„uy ~ny p~~miwn tha~fot or in any
rMpat Idl fo per/orm, diulwpe. ~x~cW~. ~ffM. w~+p~~N, oomP~Y wi~A and ~bid~ by ~Iw~ cov~nant, w any p~rt Mr~of, uid MORTGAGEE m~y pl~a ~nd
WY fw wd+ Maw~ a~ny paM Mw~of without w~Ninp a~ff~ctkq ~np optio~. IiM. Mui~r, a ripht undN o~ bY virtw of fMs Monp~. and tM '
}~q ~ouer o~ ~aeh ~nd w~y we~ p~Ym~nt ~Full b~ invmdiatdy dw ~rd p~Y~bN and ~Aail b~ar IntKNt fran 1M dat~ thaw~ ~ntll p~W th~ ra» of
nim pK pnt~en p~r «rwm and topether with sueh inttr~tl sMll b~ Nevnd by tM IiM of thb enortp+pt.
4. To pNmi1, commN a wff~r no wasN. imP+Irm~nt a d~tNia~tion o/ ~aid propKty a u~y p+A Ihawi.
S. To p~y dl and ~4qula~ th~ own, cha.pN and ~xp~nNS, iocludinp a rwwn~bb ~na~i
• te~ ud co~~s of ~b~n+cts of fitl~. Incur.~d w psW ~f
.ny ~im. b~r wW MORTGAGEE, b.cw~. « ie the ~wn~ of tM failun on tl+~ pNt of ~M safd MORTGAGOR a duly. pra~pr~r .nd f~l1y p..fwm, dnch+rg..
~:~cvt~. ~fhct. oompl~N. oomPb wnh and ~bide bY ~ach ~nd wery ~M ~tipubtio~a„ pre~nts, aorditiorM, .nd cov.~nn of s.id pom~awry na. .nd ~hi•
~o~p any a~itF~. ~~d uid costs. d?uye~ ~nd ~xpen~s~. ~ach ~nd wuy. ~lull b~ imm~di~t~b dw ~nd p~y~bl~t wFKtMr w no1 tMr~ b~ no~~u dr
mMd,~ttemp~ to oolbet a wit p~nd~npt +nd th~ full ~moum of ~ach ~nd ewry wch p+Ym~nt sMp bN. ioe~r~st from r1,~ d~t~ ~Mreof umil p~id at t~
~lft O~ niM pN CM1Wn p!t M~numl MfI all uid eosn, cMr9os and ~xpeoHS iexurred w p~id. ~op~~lw~ w~th wch imK~st, aMll b~ secund by tM li~n ot Mu
'~p~W- .
b. Tlwt in th~ ~wnf of any M~acl~ of thi~ Ma~yp~ w d~favll on the p~?f of th~ MORTGAGOR, w(b) in tM ~wm ~ny of u~d wrtu of mon~y
hK~In niKnd to b~ not panptly ~nd (vlly pa~d w~~Atn tA~~ty (30) day~ M7t1 ~ftN ?hf NM! MVlI~IIy b~com~ dw and p~yabl~. withart d~m~nd a ootic~.
a(rJ tn tM ~wM ~atl~ ~nd ~wry th~ stipul~tlw±~. yrearNnh. condifio~u and cown+nt~ of ~a~d praniaory not~ and th~~ na.t9+0~ +~Y o? ~~iher ~ na
iuh. P~a^Pth and fully p~rfw~d. d~xharped, tAKUtld. ~/fKtld. comPt~t~d, compfi~d with ~nd abided by. tMe~ in ~ither w~ey ~ucA ~wn1 1M sud ~g
prpah awn m~ntae»d in s~id pomiuory not~ tMn ~~mainirp unpaid, with intKat ~cuwd, ~rd ~11 e+oneys s~tw~d MnbY. shall b~oort~ dw and p~y~
~bl~ fwthwith, 01 fMfNffN. tM oprion of s~id NWRTGAGEE, a f~lly and compl~~ely if atl of ~h~ s~W wms of money wtr~ agindly stipul~ted
ro b~ paid on wch dsy, anyt!?ie~p In Nid pran~swry not~ or In t1w Mortyap~ to tM eonu~ry notwithst~ndiny: ~nd ~hHwpon w tha~+her ~I tM op~ion of
uid MORTGAGEE, wi~hov~ naia o. d«n+ad, wit a I~w or in pu~ryr. ~MreFon w tMr~ahK baq~n, mar be prw~cu~~d u if dl ~~o~eya wcw~d M?~by
Ifad matW~d prwr to iM 4Mtitution.
7, iMt in tM w~nt that at rM b~yiro~iny of w ~t a~y tim~ p~nd'xq ~~ny wit upon thif Mwt~p~, o~ to fa~clos~ M, a w nfonn h, a to ~nfwa
p~ym~M of ~ny dsims hNwnder, s~id INORTGAGEE ~h~ll apply fo the Courf Mvinp jwii~ibn-ANri~f_~'tK~ j~p?~nfi~MMtoTi~Afi~ivN. wch Gowf shall
FortMvMA ~ppoiM ~ r~piv~r ot said mwtpap~d p~operty all ~nd tirpul~r. includ~np ~11 ~nd sinyulu iM of~t~,,, ~tw~,,~nd rawnu*~ f?om what~r~r
w~xc~ d~?iv~d. ~ach ~nd way of wh;ch, N beinp ~xp.hily und~nrood. a Mnby n,o.t9~d n if apec~f' - 1is~NwlydNUib~d tn tM y.u+rinp and
hab~r~d~m clav~ Mnof, and ~Yth RK~i1/N ~hill INV~ ~I) tF~f brWA ~ff~ctiv~ functiqw~~nd pov~q?•i~t°II~}u~'s~_w~~~ b~,, loj~ Rec~iva. ~+d
wch ~ppoiotnwnt shall b~ rrwd~ by wch Cowt an «lmined eqvity ~nd • n+~tt~r of ~bsol~,t~ riyAt ro aid MORTG Cs aid w~nfK~np a tM
~~V~+~Y « 1nad~4~+cY of tM valw of tM P?opNtY mwt9+ped w to th~ wnr~ncp a i~Slwety of s+ld MOIITfiA00R ~br, fh~ d~ijAX~ ~Ad tMt tuch
r~nts, profit~, 4rca+», iuun and rw~nw~ ~atl b~ ~pplied by avch R~ceiwr ~tcadinp ro tIN Ii~n or .puity-_oi Yid MORTGA~SEE w~~M ~iu of wch
Coutt. ~ ~
To duly. PranPty ~nd fully p~rfwm, discMr9~. ex~eut~. ~ff~et, eanP~~t~, eomP~Y wtth ~nd asid~ by ~iael+ u~d ~wry tM sHpu~atiom. ~W~enw?».
oondi~io~ and eoven~en~ in ~aid praniuory not~ ar.d tha marpp~ Nt fo~th.
9. Th~t In tM ~wm tM owewnhtp of ths monpay~d pr~mats, o~ •ny p~rt thNwf. Meom~a v„hd M• p~rwn otMr th~n tl» MORTOAGOR. th~
µpRTGA(3EE, ks wcuMOrs u,d asi,prn, may, wirFwv~ no~ic~ ro t!» N~ORTGAOR. dNl witA ~uch succ~uor or ~uccaiw in u?hrN~ wirh n1N~na ro this
mortppe ~nd th~ d~M Iweby utw~d in tM i~ew m~nn~r „ with Mo?tpqa witlaut ln ~ny w~y vlti~tMp a d~chwpieq th~ Mappor~' tlabilitr Iw?
und~r or upon tM d~b~ hu~by Na~r~d. No ~ah of th~ pr~wa Mr~bY morty+4~d wd no forb~+nno~ en ~M p~n of th~ MORiGAGEE or tu woo~aon
or a~ipns ard no uct~ton of tM tim~ far tM p~ynwnt of tM d~M hM~by ~~cw~d plwn bp tM MORTGAGEE a iM wca~wn a asipn. ~MII opw~»
ro rN~~w, fiacMrp~, modify clwrg~ or ~ffect tM alpinal Iisbility of tl» MORTGAGOR ha~1n. ~Itlw in vrhob a In put.
10. N b~cifiully a~rKd that tlm~ b of tM es~nc~ of this oontr~tt and tMt no wdw? 01 ~rry obllp~tion Mr~w+d~t a of tir obllp+tion N-
a,..d Iwr.by sh.11 any flm. rh.~.~h.r b• Mld ro b. • wahrK of tM t~n+r Mnof a eF t!r leMtru~nNm New~d lwrby.
11. In additlon to tM fapo:nq moethFy p~ym~ntt of prinCpa) and inta~~t rpuir~d py Nw praniuay note ~ecund Mr~by, mwtppo? cov~n~nfa
.nd .p...s a pay ro monp,p.. w~Th e•ch momhlr P+rm.nT sn add~~ion~l ~vm ~~t~m~»d bY menp+ON ro b~ pual w 1/12 of tM ~rowal cwt of tl» folbw-
A-All r~d prop~rty ux~s I~v~ed or ~~~essed ~y+inst the abov~ d~scribed rl~I Mf~t~.
i-Pr~mivrm on fir~ and windsrorm io~w~nu u I+NOin rpv~rd ro b~ c~rried on th~ improwm~e~ts sltwte o~ tM aEow dticrib~d pnmiNt.
i C-Premiuma on such mo?tgag~ ywranty inwrar.c~ a• mortq~pe~ ahall irom t~m~ ro time d~~m fk to c~~ry on tM loan ucur~d Mreby.
'i Mort9p~t ~hall from tina 1o tim~ ratify mortpapw in writinp of fM ~mount dw ~ed p~y~bb hKwnd~r and wch wm alwlt tMrwpon b~ dw ~ed
; psyabi~ on rM dw dat~ of tM next rtw~thly p~yment and e~ch succq~iw month there~h~r until mwfyap~e shall notify rtwrtyayw of a tha+~p~ in suth
; amovM. Such wm~ shall b~ applied by maty~pee toward tM p~yrn~nt of real prop~rty t~x~~, imunnp premium~. •nd mwt4+~ pw?~nty inwrenq
1
IN WIINESS WNEREOF, rM atd MORTGAGOR hn !?erwnto s~t his Mnd ~nd Nal rM d~y ~nd fint ~~W. ~
Sfpewd, S~abd u~d depwnd fn !h~ pres~riu of: f
~ f~~EO ~++o aECOaoEO ~
~ 4 u ST.lUC1E COUN7'f FLA . ~ r.. ; ry
~ pn~cR POITRAS
r.~_= - K i.;taC E•O C T ~
dh_
~~IaR 8 3 26 PM' ~
STATE Of iLORIDA . ~
cW~ ~ 3t. Lucie . -
; , . . .
e.fo.. m. p«.ondly .pp..~.a ~ • .ea
i.i 171 ~tn P_ ~ehAnnn hb wih, to wwt an~'Re~ b a~t ro~
th~ Indivkiwb d~t~ib~d In ~nd wM ~x~eut~d tM fotpoinp G+~tr~m~nt. ~nd ~dmowbdp~ b~fon n» tMt tM~ ~JNeQl~ 1~M i0?;~L P~+~R~
~y,~ Li l l i an P_ Bn~hnnAn '~y~2_:.~.
wff~ d MN aNd . uPt~n a•t~.!~ P~~
~x~nMwrion bp rn~ tak~+ Np~nt~ u+d ~p~rt iran M? utd husb~nd. ~du~ovvl~~d w n+d b~~on en~ tMt ~M I~c~t+~d: ~tru~~ i?~ly~~ voh~?
~ t~rfly a+d wNhovt u?p eompeblon, aomtralnt. +PW~Mnaion, w f~a of a feom Mr afd~,~.~,d t~ p
~ wrrHESS ~nr h.~+d a+d otrkJd ..d d,~• 6 t h M ar ch ~ ' i'~i+.
~ a
~
Nw• P b1k tn .nd fa M. Saa o~f 'tlor n t~ra
My ~aplna
R~rure To:
a fkM f~sl S~vlepr i L.o~n /u~oei~tion ,
Of Fort Pi~rc~.
~ fwt il~ra. Fbrld~ ~{p~ry p~~it. ST~lR 01 flOrid~ st Lu9~
~ ~
v NI~ (o;nm;ss;o~ ~xp~.~es Auq. 30, 1980 ,
X ~,.a.e b w..i:c,. a u,++, ~a.wM? .
~ This Instrument Propared By Q~'Y F. Sllwod
~ First~ F~d~ral Sevinq~ 6 loan Associstion
~3 of Fo~t Pisrce
Fort Pierce, Florids 33450
Q~
~ Chacked By - dOJt(~l1eJ PAGf ~ -
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