HomeMy WebLinkAbout0284 To pl~ ~nd conti~uou~ly k~p on th~ b~i!d,npf now a M~e~1tN utu~t~ or said I~nd u.d on ~II equ~pmam •nd p~r~o~,~lty cova~d by thif mw~q~
q~. wilh ~II pNniueM tMr~on p~id in full, fi~~ in~u~anc• in ~M utu~t st~ndard po~rc~ iam, in • ~uin ~Npror~d by tM MOR~GAGEE, ~nd w~~~df~win
MNw~nu In tM uawl u~aia.d pot~cy fam. 4~ • wm ~~+prov~d by ~M MORTGAGEE, in ~ucA tomp~ny a compan~e~ ~s t!r MORTGJIGEE nwy
dM~c~r w+d ~11 fin M+d w~a.m insur~nc~ pol~u~~ on ~ny of Nid bu11dN~~, My {niNt~l ihNfin p~ p~~t tMr~01, in tM ~yprsy~~~ ~utn afp~~Id a
In uco~N th~rwi. caMaU~ ~M wwl s~~ndud mor~yyN ciwN a~uch o~1w~ cl~us~ rM Ma?opN may rpu~n. m~?i~p ~M Iw~ w+d~r ?~~d po1F
ciM. NcA w?d ~Y. WY~bI~ a wid MORTGAGEE u iq in~Kat maY ~ppoa. and ~~ch ~nd ~wry ~uch po~~cy thall b~ P~ompur ~N.pned u+t1 dtiiwr~d ~o
.nr heid br wW MCRfGAGEE a fw~M. s.cw~ry ro ~.id mw~~.p. deb~, •nd na ku ~han r.n (10) d•ys in ~dv~nc~ oi tM •xpii~~ion of ~ach poiKy, ro~-
tiwr to u1d MORTGAGEE ~ ~~wal tMrwf, tope~Mr wi~h • nc~ip~ fa ~M o..m~wr of ~uch ~~n~w~l~ and tM~~ ~hall b~ np f'u~ a wind~+am insw~np
pl~ad on w+y of s~id buildinps. My {MNf1t Mt~1b1 O~ pat thK~of, unl~u in tM Mnn ~Rd w~rA ~h~ los• p•~abls •fa~s~~di and In ~FN w~nt ~ny ~u~n -
of moMy baanN p~y~bN w+da wcl+ polky w pdiciti NW MORIGAGEE tAall Mw tM oprion w wc~iw ~nd apply tM ~ on accounl of tM ind~bt~ "
MM Ncw~d l~~by o~ b pWmit uid MORTGAGpRS to rK~iw ~nd uN tt a iny pu1 eMrcof (a mhe. pu~poses, w~tho~t ~hc.eb~ waiv7~~ or ~mpair-
irq any puity. UM or ripht vndK a b~ vinu~ of t!w monpp~~ u~d in tM ~vtnl M~d MORTGAGORS sh+ll fw a~y ~~awn (~il to kNp fl+~ ~~id pr~mitie~ w
t~uvr~d, w f~Il b d~livN pomptly ~~y o1 ~~(J POIKiH of in~w~nc~ to s~id MORTGAGEE, w fail promp~ly to pay fully ~ny p.emium tMr~fw a i~ +ny
rNp~ct fatl b pNfwen, di~charp~. ~x~c~t~. •ff~ct. canpl~t~. cornpty witA ~nd abid~ by eh« cov~nanf, a any pa,f he.~of, s~id MORTGAGEE may pl~u •nd
- PaY fo~ ~~rch In~u~MK~ w a~Y Wrt N~1of witAo~t w~ivinp p ~ff~ttln0 ~ny optip~, li~n. puity. o~ ~yht unde~ o~ by virtu~ ot this Malps~e, ~nd the
full ~rnouro of ~ad~ ~nd wKy such paymMt ~MII b~ ~mn+~di~t~ly dw ~nd py~bh ~nd ~hall b~~~ intH~u irom IM d~t~ tM~~oF unril psid ~t rM ~a~~ of
n~ pK.untwn pr aevwm ~nd fopetMr wi~b ~uch inter~s~ ~hall b~ wcured by tM Iwn of this mwtpp~. .
I. To p~rmit, conrnlt or wffK no wut~, 4npairment o~ d~tHar~tan of ~a~d prop~rry w~ny pan ~heraof.
S. To psy ~II Md ~M~pular tM co~t~. cMrp~s ~nd ~ap~nk~, includinp a r~~sonabl~ ~~taneti ~ fes +nd ws~s of ~bstrxef of tirl~. incur~ed a p~id ~t
~ny tirn~ by ~sid MORTGAGEE, bwu~ or in tM ~v~nt of tM failw~ on ~M pan ot tM said MORTGAGOR ro dufy, promprly ~nd fvlly perfwm, d~uMrp~~
~x~cvt~. ~f}~cf. com{?bt~, comply with ~nd ab:d~ br ~+tA +nd way th~ stipulationa, pre~msn~~, conditions. ~nd co~enann of w~d pom~swry not~ ~nd ~hi~
moMpap~ ~^Y or ~irMr, w+d w~d coa». cMrpN ~r+d ~~p~nNa. ~ach ~nd w~ry. ~MII b~ t~nm~di~~~ly dw ~nd p~y~bl~: wheth~~ a not ~M.• br ewr'K~ dr
n»ne1, atNmpt b calbct a wit p~ndinpJ and th~ full amount of ~xh ~nd w~ry sucA paym~m aM11 bea. inr~ros~ from ~he d~te th~r~of unr;1 p~id ~t the
.at~ of nin~ pa cant~m p~r ~nnum; ~nd ~11 ~~id cost~, cAa~pes ~~d ~xpe~,ses incvrred o~ p~id, ~og~ther w~th such interqf, ~hall b~ ~ecur~d by tM lien of thi~
mort9~0~,. '
6. TMt In tM w~nt of ~ny br~ach of thi~ Ma~flape or det~ult on the pa.t of ~he MORiGAGOR, w(b) in the ~vem ~ny of sa~d ~vm~ of mone~
hatM ~~f~rr~d ro b~ not prompdy ~nd fully p~id wi?hin th~~~Y l3p) days r?exr afe~r ~he s~m~ ~we~ally become du~ •nd pay~bk. wi~how dem~nd p nc~ic~. -
or (c) M tM w~nt.~ad~ ~nd ~wry tl+~ stip~rl~tiom, ~gre~nt~. con~irions ~nd covMwnq of ~~d promi~jwy rwi~ and M~s morfppe ~ny or ~ither ~r~ na
iuly, panptly and futly pNform~d, d~scMryed. ~xecuted. tffected, compl~t~d, compl~~d w~~h •nd •b~ded yy. tFwn in c~ther or •ny ~uch ~wnt tM u~d ~g
prpat~ wm mMtfawd in uid promiuory not~ thtn r~mainirq unp~id, with imer~~t sccrued. ~nd all mon~yi s~cured hereby. ihdl becon+~ dw and p~y~
~bl~ iwthwitly or fhKMIfN. ~t tM oprio~ of ~~id MORTGAGEE. fully snd compk~~ly il atl of ri,~ uid aum~ of money wer~ aqin~lly atipul~ted
ro b~ p+id on ~~cA day, anythirq i~ iaid pom~aory note or in this Mwtyaqe to th~ tonnary notyri~hstandinq: and thereupon o~ thereaher fM op~ion of
afd MORTGAGEE, without notic~ a d~mand, wif ~t t~w w in pu;ty, th~refot~ p tMreaftt~ beyun, may be prosecuted u;f all mon~y~ ~cur~d hKeby
F?~d matund pwr to it~ Institution.
7. ThN in tM w~nt that st tM bpinninp of or ~t any tim~ p~e~dirq ~ny suit upon fhi~ Mortg~ge, w ro fo.ecloss lt, w to refwm if, a to ~nfwa
p~ym~nr of ~ny dainu M~wr~, wid MORTGAGEE •Mtl ~pply ro tM Court haviny jwisdiction rher~of fo? t!?~ ~ppo~ntmtM of a Recave~, urch Co~n sMll
fatbwNh ~ppoint a r~uiv~r of ~aid morl9p~d ppperty ~II •nd tinpvt~r, includmq ~II and •inqvls. the incom~, profit~. fuws ~nd nwnws from-wh~t~v~r
+owq dNiwd. ~ach ~nd ~wry of whKh, it b~inp ~xpresaly undtr~eood. i~ F+a~by mortgsped as if ap~ufic~tly att fath ~~d dNaib~d h tM prantinp s~d
I+~b«+dixn ebwn Mr~ol. MfI ~uG11 RKfIVN ~hJl) h~v~ ~U r!» bro~d ~nd ~ffaetiw funcuoru ~nd powers in anyw~ss ent.u~~ed by ~ Gouh to a Rec~iwr, ~e~d
we}~ appolntemnt ~hdl b~ m~ by wth Court u~n admittsd puity ~nd ~ matt~~ of ~bsolut~ right ro s~id MORTGRGEE, and wirhout rsfer~ne~ to th~
~d~q~?acy o~ In~d~qvaey of th~ vdw of tM poperty mw~yaped w to rhe wnnncy or in~o~vsncy ot u~d MORTGAGOR a tM d~fsr~d~nn, u+d rhat tuch
r~m~, profi», M~oan~, b~w~ ~nd rw~nu„ aMll 1» ~pp1;~d by ~ucF+ R~c~ivN ~ccordinp to tM li~n a puity of uid MORiGAGEE and tM p~ctic~ 01 wch
Cour1.
S. To dvly, p?anptty ~nd fully p~rform, di~ciury~, ex~euf~, ~ffea, eoenpt~t~, eompty wt~h ~nd ~bid~ by NeA ~nd ~wry tM~~tlpul~tlom, ~raten~nt~,
oondMfons ~nd cov~n» in said p~omluwy not~ •nd Ih~~ mwtyp~ Nt fwth.
9. That M tM w~rM tM owrynhip of th~ mortpay~d premises. w any p~n thereof. become~ wst~d in • perwn othe: tl?~n th~ MORTGAGOR, tM
MORTGAGEE, 1h wcc~won a+d ~uipm, may, wifhou~ nonce to rM MORTGAOR, d~~1 wiih such succeuor or ~uccessa in intae~t with n}~rfnq ro this
mortpp! ~nd tM d~bt hN~by Ncw~d In t!N urrN mam?~r with Mwtp~yor without tn •ny w~y vit;~ti~ or dixMryinp tM Mortypws' If~bility IM~?
~~dn o~ upoi+ tM d~M Mnby s~ar~d_ No ~at~ of ~h~ pr•mius Mr~by monqp~d ~nd no forbeer~nc~ o~ ~i» p~n of tM MORTGAGEE or Its ~ucuuon
a a~slp~r ~nd no ~xt~rwlon ot ft» rime fw rM p~yment of tM d~br Mreby ~acv,~d pfwn by tl» MORTGAGEE w in ~ucpuon w auipn~ ~II op~rat~
ro rN~w~, dach~rp~. nwdifp cMnp~ or ~ff~tt tM orpiMl li~b;iity of tM MORTGAGOR tw~~in, aitM~ in wFwb o~ M p~rt.
10. It b ~p~cifk~lly ~pn~d thal tin» it of ti+~ es~enca of thi~ cont?ac~ and that no w~iwr ot •r?y obliq~ran Mn~nd~r w of tM~obltp~tioe s~-
cvnd Iwnby ~11 n a+y tkn~ tt~e?~~fi~? b~ hetd to b~ • w~ivK of rM tKms Mr~of or of t1w Lut~wnent secw~d herby.
1 i. In sddiNon fo tM (wpo:np monthly p~yrnenti of princ'Pal ~nd int~reit rpuired by t1?e prom~sswy not~ ~ecur~d h~reby. mortqpw cown~nls
~~d pr~ to p~y ro mortppN with ~~ch monthly paym~nt an ~dd~rion~l iun+ e~tim~ted by mortp~ye~ to be ~qual to 1./12 of the ~nnual co~t of ths fdlow-
A-All rnl prop«ty taxN I~vied w~~tttsed ag~~n~f rhe abow d~~aibed real ~~~ata
6-O~~rniums on fir~ ~nd winsistorm i~~uranc~ ~f herein requ~red to b~ c~rried on the improvemenh s~tusre on the above descr;bed premises.
C-~r~miwnt on tuch matg~y~ yuu~nty insur~r.ce mortgegee ~hall }rom t~me ro t~me deern fit to cerry on tM loan secured hereby.
MortpapN ~MII from tim~ to tim~ notify mortyayor ~n writ~~y of th~ •mou~t d~e and p~y~ble Mr~under ~nd tuch tum slul) ther~upon b~ dw and
p~y~bl~ on tM due d~t~ of ?h~ n~x! monrhly payment and e~ch succn~iv~ month tlxreafter ur.til mcriqagee shall notify mortpaga of a char?ye in wch
~mount. Such wm~ ~hall b~ ~ppli~d by mortppee tow~rd the paym~nt of re~l property ta:es. insu~anca premEums. ~nd mortgaye gu~ranty inivranc~
W~mh?ma-
N WI fSS WHEREOF,~iaid MORIGAGOR hq Mreunto wt hiu h~nd ~nd t~al tM d~y y~~? fint ~f id
~r%~~~SI SNt~d d i t'~~pr~nc~ of: ~
/ n
FlLE~ ~tNO HECORU£b ~1ax J. a r
ST. WCIE COUNTT FLa 0
ROCEF P{I~TRAS " n
~ " ~ :~Z' nn I . Draper
- . s ~ ~-D
STATE Of FIARisAIND~/4N~ ~ ~8 'U 4g ~II ~~f . ~
~ ~~hN t .3~95b
e.fw• P..w~.uy .~....d Hax J~ I~raper
.nd
AYill I. nTa~A7 hi~ wif~. ro m. w.ll known .nd known w n,. ro b~
tM ledhldw4 dNCrib~d In ~n6 who ~~eut~d tF~ forpoinp trutrum~nt. ~nd ~eknoMr{tdp~d b~fwe rr» th~t tMy ~x~eut~d tM aerN for tM purpwN
'h.ntn ~xpnw.d, ~y,d rh~ ~.td Ann I. Dra,•~er
w~lf• d+h. a1d ~tax J~ DraDer .~pp~ a wp«.r..nd prtv.N
~x~mlMtion by en~ t~k~n ~n» ~nd span from Mr uid hwband. ~ekiwwldpd ~o ~nd b~foh eM tMt sh~ ~a~evt~d Nld ln~r~wnt{~..~, ~nd vok~
rarily ~ wifF+our ~ny oompulslon, comtr~int. ~ppnh~ns;oe~, cr fw of ar from hN uid lw~nd. ' J%%
INfTNES3 eny 1»nd ~nd oKkl~t Nal tht~- ~~fd[ d~y of "~1 r~ -
_ ~Or 19~_
,'~j= `b . . 3• .
Nof~ry Dubl In ~nd fof fh~ ~ 'r~ ~ ,
My Ca~xniu4on ~xpk~ ~ JNb~ ~ • r
R~tum~ Ta. '
fka ?.a.n~ s..a,p. s tou, A..«r,?an (o - z 3 - -7Sr ~ - . - , . . _ ~
Of Port V i~rt~. r " , • ' ~
~ . . y . : .
Fort Pbrp. Fbrlda , ' .
• •
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This Instrum~nt Prepsred By !?obe r t Eva n s, r.
Firat Fed~rel Savtnys b losn Association
of Fort P+erce 690K ~ V~~'~E
Fort Pierte, Florids 33450
Checked By
~h
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v~'d ".~"r ..>"~''~sr'1~n:~`.b~~~
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