HomeMy WebLinkAbout0248 To pl~n u+d continuoudy ke~p on tM tw~'d~np~ now w Mr~att~r ~;wae or •~~d f~nd ~r.d on alt eqwwnent ~nd pcrwnally covatd 6y thi~ mp~~
p~. wi~h ~II p~enivm~ ~M..on p.~d in (ull, fir~ insuranc~ ~n ths u~u~l pandaid polit~ toim. in • sum ~pprov~d by tFK MORIGAGEE. ~nd wind~~am
iryw~n in tM uswl ~t~~da~d pol~cy fo~rrti in • ~vm ~pp~ov~d by th~ MORiGAGEE, G+ s~ch company or compa~~a a tM MORTGACEE msy
dk~ctt ~nd sll ~l?~ ~nd w~arm i.?~wanc~ POIKN~ on ~ny of Nid bulid~n0~, ~11y ~f1?Nff/ tlK~~if1 01 part ~ha~~of, ih ~1» app~ep~~~ w~++ ~fa~aid w
N~apw IM?~ol. ~II cont~in ~M ~sual stu~d«d mw~ppN c1avN or iuch wha ct~uw ~a tM Morrq~qN may ~equ~r~. m~kinp tM loa unda a~id poli~
c~, ~ach ~~+d ~v~?y, p~yab~~ ro N~d MORTGAGEE af its inqrest m~y ~pp~a~, •~d ~~ch ~nd ~very ~uch poi~cy shall b~ promp~ly au9ned u+d d~l~v~red ro
~ny h~W by wtd MORiG~IGFE a fwrh~a kcwity ~o ~aid mo.tpaQ~ d~bt. ~nd, rw~ leu ~han r~~ (10) day~ in sd~•nc~ of ~M aapira~~on o1 ~~c~ po1Ky. to d~-
liwr 1o Nid INpRTGAGEE • rN~tw~l tMr~of, ~opNhH wi?h ~ r~ct7pt fw tM pr~miun? ot sucA rsn~w~l; ~nd fh~r• sMtl b~ no f~re w winduwm insur~eK~ ~
pbo~d an ~+y of Nid buildinps. ~~y (ntKeN tMr~ie or pNt tAtrwf, unl~u in tM form and wirA 1h~ lou payable a~ •faaa;d; ~nd in th~ twnt 4~Y ~uen
~^~Y ~ Wy+~ w~ i~kY o~ Po~KiN ~+id MORTGACsEE ~MII Mw ~M op?an ro ~ic~iw and spply tM sam~ on ~ccount o( tM.Ir?d~b~ed~
nMS Neur~d M~~by a ro pKmit wid MpRTG/1GORS Io ~~e~iv~ ~nd us~ it p any part ~Mreof for ethe~ pu~pofea, w~+?wut rh-.eb~ wa~~~~~g or ~mpa~r-
Inp any puiry, !1N? a ~ipA~ und~r w by vfrtw of this mprtpp~; snd in ~M ~v~nt ia~d MORTGAGORS shall for any re~w~ i~il to ke~p ~he a~d pr~mit~~ ~o
insu~d, o~ f~il b d~liv~r p~pnptly ~~y of said pol~cief ol insur~~c~ to sa~d MORTGAGEE, w 1a~1 p?omptly to pay fully •ny prem~um rlxrefor a tn ~ny
r~~p~et fatl b pK/orm, di~eMrp~. ~x~cur~. ~fhet, cpnpl~~~, comply w;th u~d sb7de by rh;~ cov~na»f, a any pa~t hereof, sa~d MORIGAGEE m~y place +~+A
paY fw wcfi irowa~c~ a~e~y pan M~r~of without w~ivinp a~ff~ct{np ~ny op~;o~, lirn. epu~ry. w ri~h~ vnder a by virtv~ o{ th~s Ma~~~e. ~~d tM
full ~movm of ~ad~ ~nd ~ytry wd~ p~yrrw~t ~MII b~ ~mm~diauly dw ~nd pay~bl~ •nd sMlt b~~r intsns~ trom tM dars thersof unri! paid a~ tM ~ata o~
nin~ p~? qnrum p~r uxwm ~nd tope~Aer wit~ ~uch i~re~~sr sh~ll b~ s~cured by th~ lien oi this mat9s9~• .
4. To pKmit. cannJl a wff~r no wuf~. impairmeet a deterior~Ywn oi ufd prop~cry a~ny part thereoi.
S. To p~y ~11 and tG+p~lar IFw cosri. charpN ~nd ~:p~n~~, inclvdinp • r~~sorubl~ ananey'~ fee and co~h oi ab~v~cts oi titte. incvrred or pa~d at
~ny tGr» by uid MpRTGAGEE. ba~uH a in th~"~vsnt oi tM f~ilur~ on th~ p~rt of ~1w said MORiGAGOR w duly, p~omptly ~pd.f~,fw~r~, d~uharpR
s:scut~ ~ffat. eompl~t~, eomply w~th and ~d:d~ by ~ach ~nd w~ry tFw stipul~tiw+w, apreem~nh, ca+dition~. ~nd cov~n~n~s of u~d pe say ~ote ~nd ~hl~
matpp~ ~ny or ~itht~, a~d u~d co~n, cMrpp •nd •xp~nx~, ~ach and ~wry, ah~ll b~ immed~atsly due ~nd pay~bt~; wlxtAer a not r n b~ noric~ da
m~nd. aft~enpf fo ooN~tt a w!f p~ndinQt and th~ full amount of e~ch •nd wKy wch p~yrrKm shall bes~ intere~t (rom ~he dare thereof unril p~id at the
rat~ of niM p~r tMtum p~r ~nnum; and ~II uid co~b, chargea and eapenses incvrred o~ paid. 1og~~her w~th such i~t~r~a~, iMll b~ sacu~sd by the lien oi thi~
"'ptpp~.
a. That In th~ ~v~nt of any b~~ach of th~s MwrpaQe or de/~ult on tl» part of the MORTGAGOR, or (b) ~n ~he event ~ny oi satd ~ums of money
h..ein nf..r.d. ro b~ ~o~ prompNy and fully paid wifhin thuty (30) d~ys next after Ihe ~~me atve?atly bscome due and payable, wiiAou~ demand or eatice.
o~ (c) In tiw w~m ~ach ~ed ~v~ry /M stipulatioa~, ~greement~. con~tions and coven~nts of ta~d pomiswry not~ and th~a monpspe my p eith~? sr~ no1
iuty, pwnpHy and fvlty p~rformed. d~scMrped. •aecu~ed. ~ffected. completed. compl~ed w~~h and +b~dcd Sy, th~n in e~~her w any such ew~~ tl» iaid ag .
qrpab sum mtntion~d 1~ uid promiswry not~ the~ r~mainin~ unpa7d. with imer~s~ acvued. ~nd a1i moneyi secured hereby. ~hatl becom~ du~ •nd p~y-
~bN forthwlfh,, p?!»r~ah~~, at ~h~ opr;on of said MORTGAGEE, as fvlly and compl~~ely a~ ii •11 of ~he aa~d wms ot money wcre a~yin~lly tt~pulatcd
to b~ p~id pn ~~ch day. ~nyMi~p i~ u~d promiswry note w i~ fhis Mptya~e to the contr~ry nptwi~hstanding: and ~hereuppn or thereafter af tM option of
•aid MORTGAGEE, withovt no~;c~ or d~+nu+d. w~t ~t bw w in pviry. fM/!f0lf Or fI~lfNf1K beQu~, may be prnucutcd u if ill morKy~ sacvred he~eby
had matwtd prqr fo i» IrytitutiOn.
7. iMt fn fh~ ~v~nf that ~t tM bpinninp of w at any tim~ p~nd;rp ~ny s~it ~pon this Mwtg~ye, o~ to faeclos~ It, or to refam it, or to ~nfo~p
payen~m of ~ny dirn~ hKwnda, ~aid MORiGAGEE ~Mtt apply to tM Cou?t h~vinp jurisdtcrion rhe~eof !or the appo;ntment of a Receiver, t~cb Coun shall
~DPaM ~ nc~ivN of uid matQp~d p~ope?ty ~11 •r~d unyul~~, iectud~n~ ~11 ~nd sin~ular Ih~ incom~, profit~. issues ~nd ~w~nws from whatever
wv+u daiwd, ~ach u+d way of wh~ch, it b~i~p ~xpre~sty undenrood. i~ Mreby maf9~ged a if apec,f~c~11y s~t fa~A and dtwiMd in ~M praotinp ~nd
h~bK~dwn cbu~ htrtol. ~nd ~uc1~ Rtt~iv~r ah~Il h~v~ •11 Ih~ broad and effacriv~ fu~a~ona snd powen in anyw~se cnfru~ted by a Cou?t to a Receiver. ~nd
~uch ~ppointm~m ihall b~ m~d~ by wch Court a~ an admitted equity and • rn~tt~r of absolute ~i~ht w uid MORTGAGEE, ~nd without rofer~nce ro tM
~d~qu~cy w In~dpwcy o1 tM valw of rh~ properry morrQ~yed pr to the ~o~v~+xy o. inw~rency o! s~~d MORTGAGQR or 1M d~fsnd~ms, ~nd th~t such
r~nrti profit~, {ncom~, iww~ ~nd nv~nw~ sM~~ b~ ~pp~~~ by ~uth RK~ivlr ~tcord~ny to rM U~n a puiry ~of said MORTGAGEE ~nd tM pactic.~ of such
Co~A.
To duFy. promptty ~nd fulty pKforen, diuharq~, ex~cut~, ~Hect, complet~, camply wirh ~nd ~bide by ~ach ~nd ~vtry th~ ~tFpulatioru. prKn~ts.
eonditiar ~nd oov~e?~ro~ in ~aid p~omi~wry not~ and th~~ mortysg~ Nt fortl~.
9. That In tM wtnt tM own~rthip of 1M mwtp~y~d pr~m~s~~, w~~y p~rt thereof, becomes ve~ted in • person otF~ than tM MORTGAGOR, 1!w
MORTCs/?GEE, Ms wcc~on and ~uiQas, m~y, wirhou~ no~ice to tM MORTGAOR, d~al with such succeuor w tuccesiw ;n i~t~reu with ?aferfnc~ ro thii
mwtpp~ ~nd tM d~bt Mrtby Ntur~d in tht ~new m~nn~r with Mo~tpippr withovt in ~ny w~y viti~tlnq w dikharyirq tM Mort9~gws' IiaEilify h~r?
undM a upon tM d~M Mr~by wcu.~d. t+lo wl~ of th~ F.emiNS her~by matqa~d ~nd no forb~ar~nc~ oe th~ par~ of tM MORTGAGEE w tt~ tua~swn
or atipns ~nd no ~ar~ntion oi th~ tim~ fw th~ pa~msnt of tM dtbf h~.~by a~cund piwn by tM MORTGAGEE or ia avcquors or assgn~, ~l,~1~ op~r~»
to rN~~w. d'adNrp~, modify ch+np~ w~ff~ct th~ orip~n~l tiabiiity of th~ MORTGAGOR Mrein, •ither in whol~ or In p~rt.
10. It b ~p~cifically prNd that tim~ i~ of the eas~nce of this caitract •nd tMt no w+ivN of any obli9~tion hK~undsr or o~ ti+~ obllp~tion s?
curd Mr~by siufl ~t rny tlm~ th~re~h~r b~ Ae1d ro be a waivsr of rh~ rermt IKreof or oi th~ instrumem ucur~d herby.
~ 1. In sddobn fo tM fapo:nQ mor~thly payment~ of princ'p~l ~nd inr~rea required 'oy th£ prom~swry nor~ secur~d Mreby, mat9pw cownanri
snd pr~et to pay to mortpp~~ w;th ~~th monthly payment ~n ~dd~rion~l sum e~t~mated by-m«ry~ee to be cqu~1 to 1/12 of the an~u~l cost of ths follow-
Iny:
A-/ltl rNl prop~Ay t~x~t I~vfed or ~~~essed ~ya~nst the above dex.~bed .~a! e~tate.
d-Pr~miurm o~ fir~ ~nd wind~torm inturanc~ here;n requ;red to b~ c~rricd on the imp~OVemehts s~tusre on the ~bove deicribed premi~es.
C-P~~+niwro on fuch morty~g~ quuaety insu.anc~ as mwtg~yee s1+~I1 hom r'me to ~~me deem f~t ro csrry on the ban secured he~eby.
MortyapN ~hall from tirrN to tirrN notify mortsagor io wrir~ng of tfie •mo„nt d~e and p~y~ble F~e~eunder and avch fum shall therwpon be due ~nd
p+yab~ on th~ dw dit~ of tM rwxt monthly payment ~nd each succefsive month thereefter unril mortgsgee th~ll notify mortgaqor of s chsny~ in such
•R+ount. SucA ~urm ah~ll b~ ~pplied by mort9iyee tpward the payment of reat prope~ty tsxes, inaurance prem:~ms, •nd matgage yuarenty iniuranc~
pr~miwrq.
IN WITNESS WMEREOF, tM N~d N10RTGAGOR h~t heraunto Nt hi~ hand ~nd ~~~1 tFt~ d~y a~d y~ar fint ~forss~td.
Slprwd, S~~bd and ddlwr~d M tM pr~s~nc~ of:
~~i~r Q~~J~~,[ FtIEDANORE~JKJE~ ~
- - ~ r
; St LUC~E CQUNT' ~
- ,~ar~es _ n Naimo ~
, - - . .~~'_i; , - c~ n
STATE OF FLORIOA ~ ~Q Ga i 1 N. Nd 1 RIO
cot,rmr OF St 1 uriP ~ u' i:=° ~1 3 2~ ?N
b~fa~ nN p~rwndly ,,,~.,..a EuQene J, Na imo ~~'~r~•~b
.~r
Ga i 1 H. N a ~ mo hi. to m. w.n k,,,r„~ .,,a known w M. to e.
ttw ~ndhrWwb dNCrib~d In uid who ~x~cut~d tM f«panp trotr~m~nt, ~nd ~cknowledp~d b~fw~ m~ th~t tMy ~x~cut~d tM um~ for tlw pvrpo~
.xa....a. ~,a r~...~~ - ,~-i.-1 H Naimo
wlf~ o/ tIN ald ~ ~pon • s~p~nt~ ~nd prlv~h
•x~miMYwn by en~ t~k~n s~p~r~» ~ ~pan hu,r~ 1y, uid hv~b~nd, adcrawt.dp~d ro.nd b.fw• rr» tMt s1» ~,weve~d aid i+ur.ument frNly ~nd volvn.
r~rily w~d witho~t u+y eanpul~ion, eoeatr~tnf. ~ppr~Mnuon, a i~ar of w irom Mr ~aW i~uab~nd.
WITNESS my h~nd ~nd offlci~l NN t d~y oi A. D. 19-,7$
Not~ry Pub k In ~nd tw t}~e St~» of Florid~ ~t Lsrp~
My Commi~tion ~api~~
R~twn Ta
Flrp F~+a) 3av(npi i loan Aa~oclation . .
Of Fort Pi~rn. T?r~ r,. ~ ~rD
fwt Pl~rp, fbrM~ _ ~ ~ a .
. , ;a,:r q'.;i•S7
~ ~ .
This Instrumsnt Prepered By J. Hal Roberts, Jr.
First Federal Savin9• b losn Associetion v~.".
of Fort Piarce : c . ~ . -
Fort Pierce, Ftorida 33450 " ~ . :
~ ^ 24S f, . _
Checked ey _.$O.,K~~ f'~Gr , ' ; , . ,
. ' bp
~ _ ~ - ~ ' - ~ . _ - ' _ _ . - .
~ ~~~5..~....~. ~ ' ~ i ~ u" .
_ '~.5, ',~z`~'~s~''~^w,ri
" . _ . ~ . e~°.. ~ _