HomeMy WebLinkAbout0797 To pl~n u~d continwusly k~ap on ~IN build~~qs now w Mnafar Whrat~ or ~~id ~~nd Md on ~p aq~ipm~M ~nd pNwn•Iiy cow~~d by ~hi• nw~~
pw with ~ll p~~niv.M ~ha~on pa~d in full, lir~ in~ur~ec• ~n ~h~ wwl au+d~rd policy lam, in •~um app~o+~d by ~M MORiGAGEE. ~nd w~~ram
irwK~nq M ~M wwl ~~~ndard pol~cy fam, In ••um ~pprov~d sy N+~ MORTGAGEE. in wch co~pany a compsn~ u rA~ MO~iGAGEE n»y
d4~tl~ ~nd ~ti iY~ ~nd w~arm ~~avrann pol~c~i on ~ny ol Nid bYild~n~~. My (11tN~~1 fAN~MI W~It tM~WI, In ~M ~pqrp~~~ aw~ ~fatiaid a
1n ~xaN thKwf. ~MII wn~~in tM v~v~l ~~«d•rd mor+yapN c1~uN a sucl+ otiw clavN M,~ Morlp~pN m~y rpva~. m~?inp ~I+~ Ias~ vndM a~d pol~
ciN. Nct~ ~ed wKy. p+wbt~ w s~id MORTGAGEE •s ~n j~r•..s~ m.y a~.r. ~~d t~ch N+d ~ray tuch poiKy ~hall b~ promptlr ~u~9ned a+d d~livN~d ~o- r
~ny h~ld by wid JNORTGAGEE a fwtha ~etwity ~o s~~d monpp~ deW. u+d, na I~w MW+ t~n l10) day~ In ~dv~nu of tM •~pi~~tion ol Nch pof~cy. ~o d~.
~Mt b s+fd MORTGAGEE ~ rKVw~l ~M~tof, Iop~tMr with • r~uipl fa IM pi~miwn of a~th f~Mw~Ij snd ~Mr~ ~hal1 b~ ro fu~ w windttarn Mwr~nc~ ~
pl~aV p1 any of ~~W E~ild~~p~, ~ny In~N~it tMr~~n O~ p~rf fM~~01, unl~u ie tM lam and wi~h tM la~ pay~bl~ a~ •(a~uid~ a+d ie tlv ~wn~ ~~y ~wn
oi ewMy bae~on~ p+y~ w~d~~ ~ueh poliey w pol:ei~s atd nIWR~GAGEE sMll Mw ~M op~ion ro r~iw and ~pply th~ s~ on ~oeoun~ o( ~M ~be~d~
MN New~d hM~bp a w pNmU ~aid MpRTGAGpRS to rec~iw ~nd uw N p iny p~n thaeof fa other purpos~s, w~~hou~ ~henb~ wa7vin9 a~mp~ir-
Mp any ~quity, li~n a riph~ rndN w by virtu~ of ttw mott9p~j and In tM ~vM~ s~~d MORiGAGORS ~MII (w ~ny na~oe? (~il to kMp tM uid pr~miws w•
inwnd, or fall W dNiwr promptly ~ny of ~a~d pol;ci~~ of imur~nc~ ~o ~+id MORTGAGfE, o~ fail promptly b pay IuUy ~ny pr~mium ~M~efw w M~ny
~~ip~tt !~q b p~?fotm, diuMrp~, •x~cut~, ~H~cf, campl~t~, comply with and ~Eid~ by ~h~~ cov~nan~, a~ny pan Mnof, uid MORTGAGEE may p1+c~ ~nd f
p~Y fa wd~ Irowa~u a~ny put tlw~wf witho~t w+lvi++p a~ff~etinp u~y op~ia~, li~o, pvity, or ~iph~ undN a by virtw ol tht~ Morepa~. ~nd the y
futl ano~nt of ~cA ~nd ~wryr ~ucA paym~nt sMll b~ imm~dla~~y dw •nd pyabb ~nd ~1?~U b~u IntNq~ from tM d~t~ ~M~~of vntil p~id at ~h~ rat~ ot
nine pN untwn pM ~erwm and topefher with ~uth interest aMll b~ ~ecwtd by tM 1'~ of tha matp~~.
1. To pKmit, aomnN a wffK no wa~N. impairment ar d•~er~w•~a„ ot .a~d p.op.rqr or any p~n ~Mraof.
S. To Wy ~11 and akpular th~ cwn. chupN and ~,ep~n~eti includirq a r~~wnabt~ ~~+aney's t~s a~d co:h of ~lurraa~ of ti~I~. G~cun~d a p~id ~t
oey tlm~ by wid MORiGAC.EE, b~c~v~ a in tl» ~v~nt of ~M failw~ on ~M p~rt of ~M uid MORtGAGOit w duly, prompNy w+d fu11y p~rlo~en, d~uhar~,
~x~tvt~,. ~ff~a. compl~t~. comPM w~tA end ab~d~ by ~ad~ and way tM stiput~tion~, p~eemN?n, oadit~om, ~nd cown~nn o/ wid prani?sory ewb ~nd ~hi~
enatpp~ ~ny o~ ~i~i?N. and u~d toat~, tl+~rqp ~nd ~~cpN+sai. e~ch ~~d w~ry, ~hatl b~ lmn»di~~~ly dw ~nd pay~bl~: wMtM~ a not tM?~ ~ fWfit~
m~nd, ~tqmpf to ootl«t a wit pMd~npr and ~Iw full wrwunt of ~~ch ~nd rwry s~eh paym~eh ~Aall b~ar inr~r~i~ froe, M~ d~t~ ~Mr~of umil p~id the
rau of nin~ p~r c~ntum pM ~num; and ~11 ~aid cosfs, cMrge~ and expe~se• ~ncvrred o~ p~id, tog~rh~r w~eh ~uch inr~.e~f, sAall b~ Hcund by d» li~n oi thq
~
0. Tha~ in tM ~veor of any b~~ach of thi~ Mortyp~ w d~Fault on tM put of thd MORTGAGOR, or (b) ie? tM ~v~nt ~ny ot s+id wms of mon~y
F+N~tn r~f~rr~d to b~ ~ot pranptly ~nd futly paid wi~h~n th~rty (~0) d~y~ nex~ afr~r ~M s~m~ s~vr.~lly becom~ dw and payabk. wiihou~ d~+n~nd a notic~, .
or (rJ in t~w went ~acl~ and ~wry tM sNputations. ~y?~em~ms, condtions and cown~nq of said promitw~y noN and th~s nartpp~ any a~itl+~r a~ no1
lufy. pomptly and fuliy p~rfwm~d. d~xl+arped, ~xecured, ~ffected. compl~red, compl~d w~d+ end ~b~dcd by. ~Mn in either o~ ~~y such ~vMf tM aid sg
pnyaq ~wn m~ntipn~d in Nid promi:wry nort the~ r~maininp unpaid. with int~iast ~ccrwd, ~nd atl monty~ Ntured herebY. ~hall bKOm~ dw ~nd p~y-
~bl~ Iwthwith, or If+~rNher, ~t tM option of sa~d N?ORTGAGEE, a fully •nd eanpl~t~ly if all of ~M uid wens of mon~y w~~~ wiqirwlly qipul~t~d
to be paid on ~uch day, anythinp in iald p?om~ssory note or in this Matya9e to tM conrnry norwiehuandiny; and rM..upon a~Mr~ah.r tM op~~on o~
uid JNORTGAGEE. wi~hout no~ic~ or demand. ~uit at law o? in puity. 1h~~~fa~ w tMre~ftN bey~n, may be prpacuted ss if ~II ma~ty~ Ncvr~d h~~by
had m~tvred prqr fo it~ Irqtitulion.
7. That in tkN ~v~nt tMt at the beginn~n~ of w ~1 •ny tim~ pendi.~p ~ny ~uit upoe~ 1hi~ Nbrtype. o~ to foretlos~ It. or ro t~fo~en it, w to ~niwp
p~yrn~e~t oi a~y claims Mrwnd~r, uid MORTGAGEE sh~ll ~pply to IM Coun havii?p jurisdiction thereof for tM ~ppantmtht of ~ Rec~ivtr. wch Couat ~11
FOrfhvVNh ~pPOIM •~K~iv~! O} NW rtW~T~p~ pfOperty 111 ~nd airgula. includ~np aN ~nd ~in~ulu fM incom~, pfofin, iuve~ ~nd nwrnMS (rpn wh~t~v~r
wwa daiwd. ~ach ~nd ~vfry of whKh, it b~irq ~,cprealy und~.~~ood. i~ i»r~by mony+ged ~s if apecific~lly yt fwth ~nd d~rib~d in tM 9r~nrinp snd
h+b~++dum clav~ Mreof. ~nd ~~th Rec~iver ~MII F?ave dl ~M bwd ~nd eff~cNv~ funct~om and powen in anywii~ ~ntrus~ed by a Cowt M~ Rec~ivu. ~nd
wd+ ~ppotmm~nt shall b~ mad~ by s~ch Cou~t ai ~dmittcd cpuity ~nd • m~tt~r of ~bwlute rph~ ro aid MORiGAGEE, ~nd withovt nf~r~nc~ ro th~
+dpuacy a Inad~quacy of tM v~lv~ of rM property mw~9aped or to th~ ~o~v~ncy w~nwtvency oF uid MORTGAGOR a tM d~f~ndsnts, ~nd Mat s~ch .
n~~• profits, 4~oan~, iuws u~d r~vMwa sMll b~ ~ppii~d by ~ucA R~ceiv~r ~uo~dinp to tM !hn a pvity of aid MORiGAGEE ~rd tM pr~ctiu of sucA
To dufy, pompey ~nd fvlly p~rform, discMrp~. ~x~ew~. ~ffact, eompl~t~, eomply witfi ~nd abtd~ by wch ~nd *wry tlr stipulatiaa„ prNm~nb,
oor~dition~ ~nd cov~rwras tn uid p.on+hsory i+ot~ and ihia mo~tpp~ N? fo.M.
9. iMt M fh~ w~M th~ owrwrshlp of tFw matyped p~mi~. or ~ny pan therwf. b~com~s ws»d In a p~non otMr tMn th~ MORTGIIGOR, fh~
MOitTWWEf, tM suee~w~ uid ~ubns, eway, wlrhout notK~ to tM M4RTG/?OR, d~al wi~A ~ueh wcnssor a ~uae~wr i~ in»rN~ with nf~.~u ro this
n+orqp~ and rM d~M Mr~by Ncw~d in th~ ~am~ m~nner with Mwtppa without tn ~ny w~y vh~~tlnp or diuharyieg tM Mwrppor~• li~bllity I~r
und~r a upon tM d~bt Mr~by wew~d. No ssl~ oi TM Fr~miw~ hMnby mortyp~d ~nd ew to.bk.ane~ on tM p~n of ~M MORTGIIGEE a I~s wa~rson
a aMlprr ~nd no ~xtMSlon of th~ tim~ fw tM paym~nl of tM d~bt Mr~by s~cvr~d piwn by tl+~ MQRTCeAGEE w In woplNOA pr
afber„ ~MII opa~a
lo rN~aM, diKlNrp~, modify cMnp~ o~ ~ffM th~ aipinal liability of th~ MORTGAGOR h~r~tn, ~ithM in whol~ q lf1 p~rt.
10. It a ~p~ciflutly aprNd that tim~ i~ of th~ esunc~ of thi~ conn~a •nd that no w~iwr of ~ny oblip~tion }iir
~~de? o~ of tM obllpatlon N.
a+r~d lwnb~r d+dl ~t ~ny tim~ ther~ah~r b~ Mld to b~ a waiv~? of tM t~rma Mnof w of Hr inatrum~m s~cw~d h~rbj?. '
11. In ~dditlon to th~ fapo:ep monthly paym~nts of prin~ p~l •nd lnt~r~at r~qui~~d by fM promiswry not~ ~eeur~d Ma~by. mortypor . epv~n~nt~
~nd apr~ w p~y to mwty~pN with ~~ch momhly p~ym~M ~n ~dd~~ar~~l ~um ~atim~i~d by n~ty.p.. ro b..qu.1 ro t/12 of rM •nnwl car o! rl+. fouow-
A-Alt r~al prop~rty f~xa I~v~ed or ua~ssed, ~9a~n~t the ~bov~ dtac.ibed n~l ~p~».
S-Pnmium~ on fir~ ~nd windaorm in~urann as h~rein requ~red to be carried on th~ 7mp?ov~nn situate on ths ~bova dew;b~d prNnises_ .
C-Pnaiurm on wch moH~pe yun~nty insurar,ct u mortpapee•ahatt f~om ttreK to time daam ftt to c~rry on th~ ban tecurtd h~reby.
M~o~rtyapN sFisU froT tlen~. to tim~ notify mortflapo~ ;n writ;np of th~ in~w~nt dw ~nd p~y~bl~ h~nw+der ~nd tueh aum shall tMnupon b~ dw ~nd
pay~bl~ pn tM dw d~r~ of th~ n~at monthly p~ymanr ~nd e~ch ~uccessiv~ month thereaher unt~l mortp~qee shall no~ify mortpayor of • cMrrop~ in w~h
~mount. Suci? ~ww ~Full b~ ~ppli~d by mwtqayee toward the p~ymenf oi reat proptrty qxas. inaw~ntt prem:umt. ~nd mongsQ~ ywr~nty inwruip
pr~mlwm.
Iti WtiNESS WIiEREOf, th~.s~id MORTGAGOR h~~ herwnto ~tt his h~nd ~nd pd tM d~y ~e~d y~~~ fint afor~s~id. ^
~s~nc~ of: ~ -\y,\` V~
~
s?~~u°ciE covMTY Fi~. R ~
~ aocEa Pa+ja?S E D s her q
u ~tEAR r,~R~ EO CO j , - 4
- a Troul i s , . ~ , ~ ~ ,~a,Q~ ~~p
e s~.
STATE OFAC~= New Jersey a~ 1 pN
Middlesex ~ AeP 18
~~,?r„? ~ ~ 4CK.~?270 ~
e.sa. ,r. p~.a,.uY ,pp,.,.a R ond E Doscher - ~,d
a gn e s V, lio s c he r ht~ wlr., ro m. W.R k,aw,~ .nd known a ro b.
th~ lndlrldwb d~wiy~d In u~d who ~:~cuf~d tM fwpoirg irutrumuit, ~nd acknowl~dp~d b~fqn m~ tMt ttwy ~a~cvad tM ~ fw tM purpw~s
tM..w,.,~p.w.a. Ana ri,. a~ A~tnes C. Do9aher
w~f~ 04 th~ w~d Ravmond Doqch r upon • Npwa» ~nd p~tva»
•x~rnkwtlon by m~ t~k~n s~pK~t~ ~nd •part from Mr N1d hu~b~nd. ~eknowldpd to ~nd b~ion en~ tMt rM ~x~evt~d a~W lirtrwn~n~ h~Ny and volurr
r~rily and without ~ny eoenpulabn, eonsfnint. ~ppr~h*ns,pn, a f~u of a fran Mr wW
WRNE3S n+y hu~d ~nd offkt~l ~1 thi• 9~tn a.Y ~ ril w. o. i9 78
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• Not~ry Publk ~.~d fo. s~.~ o~ra~,~.New Jerse~
MY 1/14/8a~~ L ; ~ -
R~tum Ta. ~
j i
firrt f~d~r.) Savlnp. a loan /uaoci.tion /~~'vr,~~
~
Of fort Pi~rc~. t -
_ ,
fort PNrp, ffwtd~ ~ - • -
J Hal Roberts Jr. ' : ~ ~ :s}~ ~
This Instrument Prepared By • s , ~;ti.-"
First Fedsra! Savirps 6 losn Association r'~.
of Fort Pisres '
Fort Pierce, Florids 33450
~hecked By ~
, . _ bp E C~k~?QJ #~1Lf ~
~ ~
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