HomeMy WebLinkAbout0850 To pl~a •nd coneinuo~rsly 1Np on ti» b:,ild~r+qs now w I+N~~ItM ~i~uat~ or uid land u~d on ~U cqvipm~~t ud pawn+lly covK~d by tAi~ rww+r
a~, wi~ ~11 pnmkr~ns tMr~on p+~d ie~ lull, fi~~ irour~nc~ in tlw vwN ttwd~rd policr lam, in •~w~+ ~ppro~~d by iM MORiG/?GEE, ~nd wind~wrn~
M~w~na M ~M wwl s~andard po~~c~r fam, in •~wn ~pprowd by Mw MORTGAGEE. in wcA wmp~nv o~ comP+n~a w~M MORTW?GEE n~+y
~fKtl iu ~If~ M1d WLI~IOtf~1 (I~Wf~nC~ POIiCiq 011 ~11y Of Nid bYlldifpf. M~Y 1~11MN1 t1Nf~ie1 Of pHl /~NfMf, in tl+~ app+p~?~ ~wn ~faKaid a
N~+caa ~M.~of. ~MII oonain tM usual s~Mdud m«~ppN clws~ a~uch wMr ctaw~ a tA~ AAat9pN may rpuu~. nw?iep ~h~ bs~ wda aid pol~ e
cjw wd? .nd war. wrabh a u~d MOIttGwGEE n~h inh.•a m.r wP~w. •nd .acA .nd •v.y such po~Ky .hau b~ p~o~+p~~y •a:y~wd .nd d.iiv.~.d a'~
~r A~W by wId MORTGAGEE a fwth~r wcwity fo wai nwrtpap~ d~bb Md. nol I~w tMn Nn l10) d~ys io ~dv~~c~ of tM ~apiration ol ~ach po~~cy. ~o d~-
liwr ?o uW MORTGACrEE a r~~e~wal tMreo(. IopaMr witA ~ r~ceipt fa tM pnmiwn ot such rM?twalj ~nd ~hK~ sMll b~ no ~f'u~ a winda~an~ In~w~nu
plapd on ~r o1 ~aid bvlldinp~, ~~y inrerat tM~~in or pat tM~wf, unbw In tM form ~nd wi~h 1M tw~ p~y~bb a~ ~fa~afd~ W+d in ~i» ~wnt ~ny ww~
o/ ,~y b~oony~ p~yabl~ vndN such pclky w pol~c~s NW MORTGAGEE sh+ll Mw ~M op~an a nc.iw .nd ~pply rM sanw on ~aoun~ ol ~M Ind~W~d
mp Ncw~d i~~bp a q pnmit wid MORTGtiGORS a r~uiw ~n~l w~ if or ~ny pu~ th~reof Iw o~he. purpose~. w~~hout Ihsreb~ w~iving a hnp~ir- ~
fnq ~ny puitr, U~n p~iph~ wd~ or by virtw of Mi~ mortqp~~ ~nd M~ ~M ~wet s~~d MORTGI?GORS ~h+ll fa ~nr r~awn tail to kNp tM sa~d p~~niNa w
kqund, o~ bil b d~liwt pompfly ~~y of faid policies oi i~nu~u~c~ ~o ~aid MORTGAGEE, or fai! pomptly fo paY fully Mr p~~miv~n tM~~1w ot in ~nY
~n
...P.a ~.n a~o.~+~, a~,..o.. ~:~eun. ~ff~, eompl~t~. eomplY wi~h ~nd ~Wd~ by ~h~s eown+e+t. a•ny pan Mr~of, ~aid MORTGAGEE maY P~~u a^d
paY for ~ud~ 1mu~aeK~ w~ny pw1 1Mrwf witlwvt w~lvlnp w sfhalnp ~ny optiw4 INn, puity, or ripht wids~ w by vittw of thb Mwt9ap~. ~e+d tIN ,
fvll arno~m of ~aeh and ~wry wd~ p~yn~e?t sMll b~ ~~.dar.~y dw ,~d P.r.bi. ~nd ~II b~~r 4?tenst fran tM d~r~ thKwf vnril paid ~t tM ~+q o1_
nir~ pN pnt~m p« ~newm ~nd topNAer with such imaest thall b~ s~cw~d by tM Ikn of thh mapap~.
1. To p~rmft, ooewntt a wffa no wul~. Mnpairm~m or dH~~ia~tion of aid propNty Or MY P~ ~r~of.
S. To p~y ~II and alnqul~r th~ cost~. charpa u~d ~xps~+ws, ioclud~np • r~~son~bl~ ~»o~iwy'~ fN and costs of abstncts oi tit1~. tncvn~d a paid at
~ny tGne by ~aid MORTGJIGEE, b~cwN or in th~ ~wnt o/ ~M (~ilun on th~ pan o! tM uid MORTGAGOR a duly. prompHy ud fully pMfwm, d~~char~
•:~cvt~. ~ff~et. ca^Plaa. oomply wNA ~nd abide by each •nd .wry rh~ qipvl.~iorr ~p.e.m~nn. aadi~io~a. u+d oown.nn of said pan~swry not~ and ~hu
enorpp~ u+y a~idwr. u+d u~d co~n. cA~~pe~ ~nd eapN»es. each ~nd ewry. sMll b~ imen~di~~~ly dw ~nd p~y~blr, wherM. a not th~re b~ ~+aia d~ ~
in~nd, NNmpt to tollKt a wit p~edinyt and tFr full ~rwunt of ~ach ~nd ewry t~d~ paynKM sMll beb. ine~sqt fran tM datt ~heteof until p~id at t!~ ~
r~t~ of niM pN ttntum pN arvwmj ud dl uid oosr~, chergea and ~:penKS intvrred w paid. 1opNM~ with suth intNNt. ~hall b~ s~cwd by tM IN~ of thN
map+p~•
.6. ?l+ai (a) in tM ~v~n~ of aey Ix~ach of this Mwr~ap~ or defavlt on tM part of tl» MORTGAGOR, w(b) in tM ~wnt ~ny of sati! swn~ of mon~y
Mr~in r~(~n~d ~o b~ not pranptly uid fully p~id w~~hin th~rry (~Ol d~ys ~ext afta the Nm~ s~rerally Decane dw ~~d payable, w~thovt d~m+nd or notiu,
o~ W M th~ ~wnt ~+d~ ~nd ~wry tM ~tipulatioro, ayr~enwn». ~tiorq ~nd cov~nn of ~aid p~on+kswy not~ ~nd th~s nwrtp+p~ +ny a ~ithK ~r~ ~?w
ivh. proenprly and fully pKfo~~d, d~acMrpsd. ~xewred, ~ffsn~d, compl~ad, canpli~d wirh ~nd ~bided by, tMn in ei~Mr w~~y sucA f~IMt tM Nid
prpaq wm m~ntia+~d in s~id pomiawry not~ N+ee hmaininp u~paid, with int~rpt acuwd, ~nd all mon~y~ a~tured i+er~by, sh~ll b~ao~eN dw u+d pyP
•b1~ forthwith, a ther~~he~, at tht optan of uid MORTGAGEE, e~ fully and canpl~uN N lf all of ~M ~aid wmi of nwr~ey w~n aipinNly ~tipul~ted
ro b~ pa;d un wch day. ~nytAinp in iud prom~uory not~ a M this Ma~~ap~ to th~ contr~ry notwithsundinp: and tF~sr~vpa+ a tMrs~ha a~ ~M option of
aa~d MORTGAGEE, wi~hout naic~ or d~mand, wit ~t law a in puity, tAerefon w thKeafter bepun, may b~ pros~cu~ed a if ~II moneys wcund horeby
had m~hrr~d p?w/ to iN Imtitution. . -
7. That in tM w~nt tMt N th~ bepien~rg of w at ~ny time p~ndinq any wit vpon thi~ Mortyape, or ro fo.eclos. N, or w nfwm h, or to ~nfora
p~yrn~nt of N+y d~ims Mrwnd~?, wid MORTGAGEE ~hall ~pply fo th~ Court havinp jurisdietioe? th~rwf fw tM appa~tm~nt of ~ Rte~iwr, weA Cowt ~Iwll
fonhwHh ~ppoint • nceiwr of said inortOap~d property ~It and sinpular. includ~np ~tl ~nd ~inpvlK th~ incan~. pwf:ts, bWN ~nd nva~ws han wMtwa
wwa daiwd. ~~ch ~nd w~ry oi which, N beinp expressly und~ratood. n Mr~bY mat9aped ~s if apec~fiully wt for~h and dau~d in tM p~anrirq and
h~b~nd~m et~uNS Mr~of. ~nd wch ReuivK aMll hav~ all tM bro~d u~d ~ffectiw functwrH and powen in ~nyw~ ~enrwNd al ~ towt M~ R~uiwr. ~nd
~~.ch appoinMwnt ~II b~ m~d~ by wch Court a~n ~dmitted p~ify ud ~ n»na of ~biotuu ripht to s~id IMOkiGAGEE, M+d witho~ r~~no~ to tM ~
.dpuacy a fn~dequacy of tM vdw of tM propKty mwtyayed w to tM wnnncy a~nsolv~ncy oi utd MORTGAGOR a tM d~f~ndann, u~d ~hat wcA
r~nn. profit~, 4rcan~, iuuN ~ed rwenw~ ~hatl b~ ~ppti~d by wch R~ceiwr sccwdlnp to tM Ibn ar pvity of ~+id MORTGAt3EE and tM p~clit~ of wch
Cowt.
t. To duly. pranptly N+d fvlly pNfwm, d~uhary~, ex~cute. t~ftct, oompl~t~, canply wtth ~nd ~bid~ by ~ach. ~nd ~wry tM atipulatbnti pn~n»Ma.
oondilipr and oovManb in Nid promluory eat~ and rh;s mo.~yapi at fath.
9. i}W In da went tM own~rship d tM maf~a~~d prNnisa. w~ny put tiwreof, b~coa+~s w~td M• p~non oth~r tMn tM MORTGAGOR, th~
MOtTGl1~GEE. IN wroaMOn ~nd ~uipm, may, wirhou~ no~iu to rM MORTGAOR, ds~l witl+ suc1? wa~wor w wa~sior ir? in»~a~ with nf~r~na ro thia
morlpp~ snd IM d~bl h~rebp Mtw~d in tM sam~ m~nne~ a with Mwtpapa witlaut In ~ny w~y vifiHkg ot dittF?~ryin~p tht Mortp~Qon' Il~bility Iww
u+~d~r a upon f!» d~bt Irnby Na+r~d. No saw o1 th~ pr~mtsh Mreby nanpp.d ~nd ~o forbNrsno~ on tM p~N oi tM MORTGAGEE a t» woawon _
or wlpa ~nd no ~st~ion d th~ ~im~ for tla payrrwot of rM d~b~ M.~by ~nx~d pfwn by th~ MORTGAGEE a in suoaaors w ~wipm, ~II opa+t~
N nNN~, dMdwtp~, eadify chanp~ a~ffKt the oripinal liability of tM MORTGAGOR hNNn, ~ithN In wlwl~ Or In patt.
10. It M~eifluUy prNd thtl Nnw b of tl+~ eswne~ of thh eamae+ ~nd tha~ no wdvN oi any oblip~tae Mn~ed~r w of tM obllpation ~r
ound hu~bp sh~ll ~t ~r rinw Nw~~ah~r b~ MW to b~ • waiver of tM t~mn. Mrwf w of tM imtnx~wm Ncund fwby.
I1. (n dditbn to tM for~o:nq montl?ly p~yrrKnts of princ"pd ~nd. lnt~rnt nquir~d by tM praniuory no~e ~ecw~d MnEy. morppw cov~nanh
.nd pr... w p.y a nwnpp.. with ~~th monthlY parmtnl an ~dd~~ioeul sum ~u~nut~d by mor*9ape~ to b~ ~qual w 1/12 of th~ ~nnval ewt of th~ fdtow-
~i
~ A-/UI rNl prop~rty t~xei lev~ed a astetssd apain~t thc abov~ d~ur~bed rsd ~it~te.
b-Premiwm an fir~ and wind~ram insuranu a~ he~e7n reqv~~ed to M c~rried on tM improv~m~nts sitvat~ on tM ~bov~ d~urib~d pnenisN.
t-~nm~urm on such mortyye qu+rany iruvr~nce •s morty~yts ~hsll from t~mt to t+me dNm fk to c~?ry on the ban s~tured htreby.
MortyapN shall hom tim~ to t~m~ not~fy mortpa~or in wririny of th~ ~mount dw and p~v~bb hu~w~da ~nd such wm ahall tl+Kwpon b~ dw ud
p~y~bt~ on tM dw date of th~ next montF~ly payme~t ~nd e~ch tuccesiiw month th~~e~h~r v~til mwp~ ilull notify mo.tyapor of • chanp~ In wch
~moum. Such wms ahall b~ appl~sd by morty~yee ~oward th~ p+yrr~nt of r~al p~op~rry ux~~, inwr~e~c~ prem:um~, and mwtyap~ puu~nry irour~na
; prNnfunq.
IN WITMESS WMEREOF, th~ uid MORTGAGOR ha~ Mr~vMO Nt hi~ h~nd ~nd wal tM day ~nd riu Rnt ~foraafd. _
~ Slpn~d, S~aMd tlwnd In 1h~ pr~ana of:
~ f~p AMO RECOR f~R G~ ~ • ~
s~ ~~{E COUMn ~
ftOCER P~~jRAS q
~ r ,CU1t COU ' ~ ~ .
r: ` . ~
, . . BIIAt $ . @Il 8 e
STATE Of fLORIDA ~a (_j ~N'~ ~~8 -
St, Lucie ~ ss.
courm oF
e.fo.. m. p.rwr?.ny . ,..a GrahaBl K. OKea ~ ~ -
~ffi18t H. ~Ui~l hls wlf~, to en~ vwll known ~+d known b nN b b~
M» u+dlvldw4 d~wib~d In u~d who ~,acut~d rh~ fw~poinp hutnrnwnt. ~nd ~bdp~d b~fan n» that tMy uaev»d tM w+w for tM pwpaN
th«.M .:a....d. Ma +h. ..~a Janet H. UX~
wN~ d tM sNd Cs2'8~'l~ g. ~i1@il upon ~ wp~nb and prhr~N
~xantmtion by en~ takN+ wpu~f~ ~nd ~pa.t from f»r satd Ausb~nd, ~dcnovd~dp~d w~ed b~Mr~ n» Nw sM uutut~0 ~aid Imtrum~nt frMly and volwr
Urily ~nd witl+o~A ~ny compubion, oomtr~int, ~ppr~s2M7n~
, w f~ar of or f~om Iwr wW h~~ 78 i
WITNESS my Mnd ~nd offkld w+t ths. d~y of D. 19
~ ~Ct,4 l I ~~t ~ ~ Lk -
Not~ry Publk b~ w+d (o? tM St~» of HotW~ ~t L~e'p~ ;
My co~+».so„ ~ P- a a- ~ 8 :
~ RNwn Ta i
.~~:~IrNr~:.
~ Rrn F.d.n) s.vlno. a lo.o M.«iat;a, ~ `1~,~~- ti.
Of fort Pi~ru. '
~ fott Pbru. Florld~ : ; ~ , ~ . . ~
~ ' ' ~ , ?
~ - = o: Y
This Instrument Propared By Hatt Cuxuiingham '"~~j ~7'~ ~
~ ' ; :
first Federsl Savir?~s b loen Association ~10 i1,-. n~
~ of Fort Pierca 0 R A -
Fort Pierce, Floride 33450 600K ~~2 PACE 844 v~.,~ ~ ~
~It.i:~.,.. .
~ ~ `~,I
~ Checked By
~ . ~
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~ eP
a . - - ~ ~ . - - - -
;
Y- ~ .