HomeMy WebLinkAbout0609 To pl~c~ and cor+~inuo~,.~y k..p o~? ~M bui:d~nys now a M~~~f~~r utu~~~ or a~+d land ~~.d on ~II ~q~ipm~M •nd p~~wnally cova~d by thi~ mwro-
p~. witA ~II p~miwm ~Mreon p~~d in- full, I~r~ ini„i~nc~ in ~he u~wl ~t~rdad policy iam, tn ~ w~w •ppc+ed by ~M MORiGAGEE, ~~d w~nduam
Mwr~ in ?M ww! u~ndad po~;cy lam, in ~ sum ~pp~or~d by tM 11110RTGAGEE. M wch canp~ny a con+pan~a u ~M MORTG~?GEE n+~y
d'v~c~s ~nd ~11 1Y~ u+d wwxi~ronn ~nwranc~ poGc~~ on ~oy of N~ build~np~, ~ny 1nt~r~~~ ~I?N~1n a part ~Mrwf, in tM pprp~~~ w~n ~la~uid a
M~xaw ~Mr~of. ~MU con~ain tM utiwl ~~~~,dud mw~9+pN dww a~uch o~hM d~~w H rM Ma?9~qN m~y rpwr~, m~Ai~+p fh~ ION V~N a•~d po~4
ciN. ~ach ~nd ~wry. Wrab4 ro N~d MORTGAGEE ~s ~n iro~ral rrwy ~pp~a. ~od ~~ch and ~wry ~uch poi~cY ~hall b~ promp~iy au~p~d ~nd d~1~y~~~d ~o
~ny MW by wW MORTGAGEE a fu.~Mr kcuriry ~o wid mortp~~ d~b~, ~nd. no~ I~~ ~ha~ t~n (101 days in ~dYU+u of tl+~ •=Plra+~on of ~acA poiKy. ~o d~
liw? ro uid MORiGAGEE • r~wal ~h~nof, ~op~~F+N wi~h ~ nc~~q la ~M pranium o/ wch ~~n~walj ~nd tMn ~MII b~ no ftr~ a windua~n iMVr~nc~
pl~ad on M~y oi uid bulldiopf. sny fnt~r~at tMr~~n a pal tMnol. vntha in t!N fam ~nd witA 1M lot~ p~Y~bl~ ~fa~~.id: ~~d in tM •vtM ~ny ~wn
pi ~y b~cp~N p~Y~pb undN wch policy a polKiN ~tid MORTGAGEE ~MII Mw ~M opuon w ra~iw ~nd ~pply tM ~wn~ on ~ccouM o1 ?M Ind~bt~d~
n~ Ncw~d h~rr~0y or q pKmH ~aid MORTGAGORS to ~~c~iv ~~d uN h a•ny part ~M~cof fw other purpo~es. w~~hout the~eb~ w~ivin9 a~mp~ir•
Mq anY puitp. li~n a ripht vnd~r a by v"utw of thi~ mortpp~t uid in ~h~ ~ven~ wid MORTGAGORS ~hall (a ~ny raan t~il fo kNp ~F~e ~~id pr~miw~ w
Inwnd, or /~il M d~liv~r pranptly ~ny of ~id policies of imur~nt~ to ~a~d MORTGAGEE. w fail p~omplly 1o pay fully any p~~miu~n ther~fw w In ~nti
...p.c~ f•il a p..}o~n~. d~xhap.. ~a~cu~~. ~HM, toenpl~t~, tomply witA and ~b~d~ by ~hts cov~n~n~, a~ny par~ Mrwf, ~aid R10RTGAGEE m~y pt~c~ •nA
paY fo~ wch Inwrw~c~ a ~ny p~n tM.wf witl~out walvinp a aftMinO ~y optio~, litn, puity. o~ ~iQh~ w+dN a by virtw of thi~ Mo.~yp~. ~nd tM
full ~movnt of Nch w~d ~wry such pay~»nt ~Full b~ imrMdlatdy dw ~~d p~yabl~ ~nd ~MII b~~r iN~r~i~ f~om tM da~ ?h~rw1 until p~id ~t ~M nt~ ol
~1iM ~I CMfW1f PN ~M1UT 10~lIMf wi~h iuch int~r~s~ ~MII b~ ~ecur~d by tM lien of thit ewrtp+p~.
1. To pamit, conrnit a wffN no was~~. &npairrn~nt w de~~rar~tion of ~~id propKty a any pu1 th~nof.
S. To paY ~II aed alnpula? the cwts. charyN ~nd ~xp~n~ti ~nclud~np a n+wnabl~ ~norn~y'~ fN ~nd costs of ab~tract~ of title. Incurr~d w paid at
~ny tMn~ by uid NIORTGAGEE, b~uua a in ~he ~vent of ~M failw~ on tM p~h of tM ~aid MORiGAGOR a d~ly. promptlY +nd fuilY perfam, d~KMr~,
~x~cvt~. ~ff~. canpl~t~. oomply w~th ~nd ab~d~ by ~~cF~ +nd ev~ry tl~ ~tipul~t~aa, pre~m~nq. condi~iwr •nd covn.nn of Nid promiswry note ~nd ~h~~
morty~p~ ~~ryr p~3rMr. ~nd ~a~d coin. cMrqes ~nd •:pen~es. ~~ch and ~wry. ~MII D~ iinrn~dlat~ly dw ~nd pay~bl~: wM~Fur a not rMr~ b~ no~rc~ d~
ma~d, ~thmpt to oolbet a wit p«+d~npr ~nd rM full ~moum of ~~ch and ewry wch paym~nt ~halt b~ar int~r~~t from th~ d~te thaeof uneil paid ~t the
rats of nin~ p~r ctntum p~r annum; ~nd all s~id cost~. ch~ryes ~nd ~Yp~ns~s incurnd a p~fd, top~ther w~th such int~r~st, ~h~ll b~ s~cu~~d bj tM li~n of thi~
^wrt9p~-
6. TMt in tM ~v~nt of any breach of thii INortyay~ w d~f~ult o~ tlr p+rt ot rhs MORTGAGOR, w(b) ie? tM ~vent ~ny oi ~~td wms of moeey
Mnin r~fMr~d ~o M nw prompNy ~nd fully pa~d v.~~h:n th~rty (~0) days ~+ea~ ~it~. ~he iur,~ s~~a~ty b~com~ dw •nd p~y~bt~, wi~hou+ d~mand o~ notic~.
a(d M tM ~vem ~xh ~nd ~wry tM :tipul~~ioru. ~gre~m~nt~. con~tion~ ~nd mvee?~nn of ~aid p?oe+i~ao~y not~ ~nd tA~~ mo.~yp~ ~ny a~itl+er ~n no1
~uly, panprty ~nd fully pKfam~d. d~~char~ed. ~~ecuted. ~ff~ceed. compkt~d, canpl~~d wirA ~nd ~b~d~d by. ~Mn in ~itMr w a~y such ~v~m tM ~~~d ~g
prp.r. w~n m.mion.d in Nid promiuay not~ th~n r~maininp unp~~d, with i~r~r~~~ ~cuwd, u~d ~11 mon~yt wtured her~by. ~h+ll b~com~ dw ~nd p~y-
~bl~ forthwith, a tMr~ah~e. ~t ~h~ opfion of ~a~d MORTGAGEE. f~lly and comple~~ly a~ it ~II oi N+~ wid wma of morny w~r~ orqin~lly ~tipul~~ed
to b~ pa~d on ~vch day. anytAinp in u~d prom~~~ory nor~ a in th~~ Mort9aQ~ to tM tw~tr~ry nptwithitandirq: ~nd tMrwpon a ther~~h~r tM op~wn of
uld MORiGJ1GEE.~withovt tariu a d~mand. wit at I~w a In puity, tMrefw~ a tMt~~ftK bpun, m~y bt proseturtd if all monty~ Ntur~d Mt~by
had matw~d prar to 7n leat~tution.
7. Thn ie tM w~nt th~t ~t tMc~ bginnirq of a a~ ~ny tim~ p~ndirg ~ny wit upon thi~ Mortyp~. a ro fo.eclo~ It, w ro r~form it, w to ~nforo~
p~ynwnt of ~ny cl~im~ Mrwnd~r, wid MORTGAGEE ~hsll ~pply to tM Cou.t Mvirq jvn~d~nion ~her~oi (w tM ~ppo~ntrrant of • Rec~ivN, tuch Cour~ ~MII
ForthwMh ~ppoint ~ nc~ivM of uid mortpay~d property ~11 •nd ~inpul~r, lnctudmp •11 ~nd sinyul~~ tM incom~. p~of~t~. iuws ~nd nvee~ue~ from wMtw~r
wwc~ d~rir~d. ~~ch and ~v~ry of whKh, it Deinp expre~ily und~rpood, i~ Mr~by moreg~yed if ~p~c~fic~lty wt fwth ~nd d~wib~d k? ~M pr~nrinp ~nd
1+~bMdwn clauw~ I+~reof, ~nd ~VCh RK~ivt? ~FyII IUV~ •II ~h~ broad ~nd ~ff~triv~ funa~o~s and power~ in ~nywit~ entrutt~d by ~ Cwrr ro• Rec~iv~r, ~nd
iuch appointerrnt ~h~ll b~ mad~ by ~uth Court •n ~dmitted squity ~nd ~ m~tta of abwlur~ ripht ro Nid MORTGAGEE, ~nd witAout reftr~nu ro tM
~dpu~cy a Inadeqwcy ot th~ v~lw of tM property mwtq~p~d w to the soive~cy or insotv~nty oi aid MORTGAGOR a fM d~fM?dannt ~nd tMt ~uch
r~nn, profin, Incan~, iuua ~nd r~v~nu~~ ahall b~ ~ppli~d by ~uth R~c~ir~r ~ccord~np to tM li~n a.Qu~ry of ~.~d MORtGAGEE .nd ~M pr.a~c. of wch
Cowf.
S. To d~fy, promptly ~nd i~lly p~rfonn, di~ch~ry~, ex~eut~, ~H~n, eoenpl~t~, eomply with ~nd abid~ by Neh ~nd ~wry tM sttp~l~tio~s, pr~nts,
eonditber ~nd eov~naon in t~~d p~arniuory nof~ ~nd ~his matpp~ Nt forth. ,
9. That M tM wa+t rM own~rthip of th~ mortp~pd prNn~~a. a ~ny p~n tMrwf, Mcom~~ vN»d In ~ p~?wn othtr tlwn tM MORTGAGOR, th~ ~
MORTGAGEE, Ns wcc~uon ~nd ~nipm, n+ay, wtthou~ ratK~ to tM MORTCsAOR, dNl wirh ~uch ~ucc~s~w a~ucc~~sor in int~r~~1 wirA r~fa~nu fo thi~
monpap~ and tM d~M Mreby s~cur~d in tM a~m~ m~nner a~ wlth Nb~tpapa witAout In ~ny w~y vit~atlnp w d~aMryinp tM Mwtp~pw~' li~bility Mrr
ur~ or ~pon ~M d~W h~r~by wcured. No ul~ of tM ~rsm~sN Mi~by mortp+p~d ~nd no fwbNr~nq en ih~ p~n of th~ 1NORiGAGEE or iu wa~~~ws
« wipns ~nd ra ~xt~alon of th~ tien~ fw eM p~yment of tM d~M Mnpy ~~wnd ptwn bp tM MORTCs/?GEE w in ~~eauon w~wiprn, aMll opM~»
ro rNsu~, diuh~rp~, modify tharp~ a aff~tt tF» aipinal liability o~ ~M MORTGAGOR Mni~, ~NMr in whoN or M put.
10. It b~p~c~fkdly pr~ed th~t ttrrN 4 of th~ es~nce of thb contraN ~nd that e~p walvK oi ~ny oplip~fion Mr~wida a of tM oblip~tbn s~-
cur~d h~r~by ~hall ~t ~ny Nm~ thK~ahK b~ MId to M• w~iv~r of tM tKn+~ Mnof a of th~ Intlrum~nt wcw~d hKby
11. In ~dd~tion to tM ~wpo:np trwmhly p~ym~nts of prinCp~l ~nd k+t~n~r rpuir~d by tM pron+iuory noh recund Mreby, monppw cov~nanb
and apr~es to p~y to monyp~ a~ith each mamhly paym~nt ~n ~dd~~ional ~um ~~tim~t~d br mo~tapN to b~ pv~l to 1/12 of tM ~nnual cwt.of tM follow-
Inq: .
i A-All re~I prop~rty uxa I~v~ed or anessed apa~n~t the ~bow d~svibed nd ~staM.
~ S-Premivma on fin and windsto~m ~nfur~nce as heroin requ~red to br curied on tM improv~nNnt~ titv~te on ths ~bove desc.ib~d pr~rniuf.
~ C-Premiumt on such mortg~ge yua.anty ~n~u~ar,ce +s mo~~p~~ee ~hall Irom t:me eo time d~~m fit to t~rry on th~ loan uc~r~d Mrtby.
a Mortpp~e ~h~l! from r~m~ to t~m~ norify morrpaqor ~n writu+p of th~ •mounr du~ snd p~yabl~ Mrtunde~ ~nd ~uch ~um ~hall tMrwpo~ b~ dw ~nd
g p~y~bl~ on th~ due dar~ of ~h~ n~at montA!y p~yment •nd each succ~ssiv~ montA tMrcah~r until mortpaye~ ~Full notify mortyayw of • chary~ in such
~ ~mount. Such sum~ thail b~ •pplied by mortqsyee toward tl+~ paym~nt of r~~l prop~ny t~a~a, insunnc~ p~em:um~, ~nd morty~p~ puu~nty in~ur~
€ pr~rniums.
g
e IN WITNE55 W R tM ~~~d MORTGAGOR h~• herwnto rtt hi~ hand a~cf kd tM day and y~~r fint ~foryaid.
~ ~ IIv in th~ pr~nu of: . ~
a ~
~ Sisson - ~
T~ ' j~ F , ~
~ -
g •"A. Sisson ~
~
~
STATE Of FIORIDA ~
~ COUNTY Of St.. Ll1C ~@
~ ~f~~ ~~~~iy John R. 3isson and Royce A. Sisson, his Wife ~
~ hia wM~, to m~ vwtl known ~nd known ro en~ to M
~ tM IndNldwb d«ulb~d M and who ~x~ew~d tM fwpoinp Irutrum~nt, ~nd ~ekrwwl~dp~ b~fon n?~ tfiN tMy ~x~w»d ~M wen~ for th~ purpaM
~ H»r~M ~xq~wd. Md tM N~~ ROyCe A. Sisson •
~ sson
;y wH! ef tM qld ~ A • upon ~ Np~r~t~ M~d pN~h
s •,cwnlnaHon by en~ bkN+ wpu~b ~nd •put fran Mr a~id hwb~nd. ~eknowldp~d ro~nd b~fon m~ tMt ~M ~x~aA~d wW MatrumM~ frNly and volw~
~~~ilr ~nd witFauf u~y canpulabn, wrurr~Mt, ~ppr Mnaan, w fu? of w from ha !?~~nd- ' ~
WITNESS my h~nd ~nd offkld Nal thi~ 1 d~y of J~ -A. Q 19
~._'4'j ~ ` _
E: .
~ "
;3
w~ry Pu In ~nd ~W . ~ p L~t~ ~
" My Conwniubn ~xpk~ss ~ .:r ~ " ,
- R~turn Tt. _ , ` v ;
~
. Flnt F~d~nl S~vl~p~ i loan /4toci~tion <
Of fort Piru. ~ v i
f0/f ?fMp, f10?I~ j
~
: . , ~
~ ~ - Netery Pu:.':~. ~!afe oF Ftor',:a et lor~ ' ~ ~
My C_,;.,,t,:'o~ IIxp;rss Jan. ~7, 151~ ~
a~:.d;J ~.y .:.~c•,~ fi.r R G.:cra:ty G. . " ' - ' ~ ! Q
This Instrum~nt Pr~pared By N~~ ~ 3 3~ PM ~v
- F'uat F~d~r~l Savin9s b loen Associstion .
Y~ - pf Fprt Pierce FO ~NG RECOROEO
Fo?t Pi~rca, Florida 33450 ' st. ~uuE CGUN7Y. i~A.
~ NOOEII PGIf
~ Checked By - CLERK CIaCUi~UIIT ~
IttCOQD vE~It~ED _
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PACE 607 4~?s4 z
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