HomeMy WebLinkAbout1708o. R. 3 434
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!. To plan and ewrttYteroenly k«P ttn t!t• beatldMtp nest a harwiNr skwN on Nid larsd and errs aN equlpnertt and per•aaaily covered by tuts nartp~
pw with •II prernietrrr thaeeon Wd N~i-II, fin Ytatrretetoe b tlt• uw•1 steedrd pollgr form, N • settrt •pprowt! by tM MORTGAGEE, •td wMedatorm
Mwrr•na M tl+• uaerai standard pdky iasrr. Fn • autn sppretned by Nw MORTGAGE!, M aatefa oor•peny a oorrepreMa N tlr MORTGAGEE tn.y
dMecy and all f1n and wMdatoem Mwtrana pediclea etw any of a•k berNetrtOa, •try Mercer Nsa-eln a peal thereof, M the a~rep•te sum afetresald a
M •teewas thereof, sl+sll vontain rho uaMt•1 atanefard rttortpepe• aiaus• a wtia othe- ti•era• N flee Matpope• may -pu4•,, ttaakin0 the leas eretdar saW petlF
eioa, •aeit and every, payabN b Nid MORTGAGEE N it• Mercer m•y appw, end •edt and awry serch poNey ah•N b• prompHy aatiprsed and eMlh*aeed to
ony hob by N.'d MORTGAGEE N hrtlnr a•evrMy ro Nid retorlppe afabt, and, not leas tla•n lan ()~ deys b •dvartce of tlea expkatbn sd oadt polky, fo de-
Ifva b Nld MORTGAGEE • rrwwal tltareof, tepMMr with • ncalpt ter tM premhtm of suaia noewalf and there shah M to fin a vrMrdstorrn krwarto•
placed an any of saW bvlkNrtps, any Mt.raa thereits a part thereof, uedaoa in 1M form end with the hies peyeb4 N aforNaid~ and In flee evert arty sum
of metery boonmes payable under ouch polity a perlieiea aaW MORTGAGEE shall haw 1M etptiat to receive and apply tlta ssnt• on sooow+t of tM indobtoef-
ewes sacwed hereby a b pom+lt Nid MORTGAGORS b ne»Iw and ua N a nary part thanoi for oNw purpoNa, wthout tMnby walvMq a Mnpak-
irq orry equity, INn a ripM under a by vMtw of thk rttorpapet •rd N the evert NW MORTGAGORS atoll fa any reNOn faN to keep tlto Nid premMes ao
Meswed. a fsN b dolhnr promptly eery e-f Nid pdicies erf ktaerrana b said MORTGAGEE. a fall pranptly ro pay fully any premium therefor a In arty
napext fail to perform, dloclwpe, otceMe, effect, complete, comply wbh and abide by thM oevertetN, a any part hereof, NId MORTGAGEE may place and
pay for such irauranp a any part thereof wkhoul wahrMtp a affoexinp any option, lion, puny, a rlpM under a by vktw of thb Mortgage, end the
fuN anaowtt of each and ovary ouch poynertt ohaN be Inrraedlataly des end peyabM end shall bear Merv irotn tlee date thereof uMN paid N the rata erf
nine par crttum par attrtetm and ropetMr with ouch IettereM shah M aecwed by IIM INn tsf Iltla treortyp•,
4, To permN, oormtN a suffer no wesh, Mrtp•YmrN a d•hrior•fion esf Bald propeAy a any p•A tlear•of.
4. T= p:/ _!' = ~ -..~:1:: ~ ta*:. c4~,:~ ~ s~.'=t~. ~~ '_..,-~`-{i s ra-~-. ::s c::~:.~ t f~ cx! sM:: ~~-;s~t of :!'!_. ~zn'ras! ar mo=d as
arty time by Nid MORTGAGEE, bauuN a In tM evert d the faihtre on the part ttf tlt• saW MORTGAGOR to duly, promptly slid fully porforn-, dNchorpu
execute, effect. ooenpleN, ~Y with and abide by each and every flt• aNpatlatiorts„ •Oreaereanls, oortdNiorr, end Qoveeteetes aA said pranfsoetry mote and thM
mortpopo orry a okhar, and Nid cers», tit•rpes and expertfaa, ••ch and wary, slt•!! b MtmrRately des rtd psysblp w-Itat}aar err nett tltwe b• twtloa d-
nand, attempt to uolleet a wN perdirepi std the fuN artaetati d e•eh and atvery weir p•ytttaM ah•N boar Meenst from tfaa d•h tltereo/ etrttll paW of the
rate of nlrte par e~rttum Fir annum: and all acid coats, charpN and ea'peneN krctrred a Wid. toyMlw wfM weir MenN, ala•11 be aeatnd by the Non of tltia
nartpape-
6. That (a) M tM evert of arty breaeit of thM Mortyape a afefult on flee pert ttf tIM MORTGAGOR, a ~ h flee erveast any of acid setrtts of money
hereto nfemd ro bo rat promptly and fully paid wMtiet thiAX~ (SO) efaya ntcf eita the same severally beewnee des and payable, without afaenared a notice,
a (c) M the ovom eaeit and wary the stipulation„ aprertten», oottdkloer and ooveaasn» of saW prontisaaey note aed this nartpapa wry a ehlter •n nos
iuH. promptly and fully performed, diacharpedi, exeoute~ effected, contplated, uotrtplied with aed abided by, then M either a arty sueie evert the Nid oQ
prepare avers mentia.ed in acid promissory mote then remoinktp uetpald, with Menat aoawd, and all rttoneys NNred hereby, shall boewrrw des and pay
able forthwith, a thereaher, et the option of acid MORTGAGEE, N fully and oornpleMly N ff dl atf tM NW wrns of
ro be paid on such day. anything in Nid prorniasory note a M fhb ro the eontr notwkhat n10^ey wen aipinaly aRiperbted
said MORTGAGEE, without notice or demand, suit at I•w a In ~~ rY and~7 and that«~ a thereafter at tM option of
had matured pier to its instiwtan. ~~' flterefon a ~~~ ~~' tteay be P N ff dl moneys secured hereby
7. That in the event that at the beginning of a at any tGrta perdinp arty wit upon this Morlpapo, a ro forocloN N, a to nfarm it, a ro enforce
payment of any claims hereunder, acid MORTGAGEE atoll apply to tM Courl having (urisdktion thereof for tM appointmeM of a Racefver, ouch Court shall
forthwith appoint a receiver of said mortgaged propMy all and singular, including all and singular the M+eoerto, profi», issues and nvomroa from whatever
source derived, each and every of which, it being expressly understood, b hereby ttsortpoped N ff specifically set forth and described h tM prantirq and
habendum clavsss hereof, and such Receiver shall Mw all the broad and effective fernctiom ord powers In anywise ontruated by a Court ro a Receiver, and
such appointment shall be made by such Court as an adrrtltted equity and a matter of abaoluta ripM b NW MORTGAGEE, and without nhronco ro the
adequacy or inadequacy of tM valve of the property mortgaged a to tM aoMorscy err intolwnty of Nid MORTGAGOR a the dofendanri, and tMt such
rents, profits, income, iuws arx} nverwos shall be applied by such Receiver oexordinp to rite lien a poky of Nid MORTGAGEE and tM pratlia of such
Court.
8. To duly, promptly and fully perform, diacharp•, e><etsrta, effect, oorrplete, comply wiM and •bida by oaedt and ovary tM stipubtioro, agreements,
conditions and t:ovenanta in said aomiawry tau and N.y mo•fsaZs set forth.
9. That in the went the ownership of the mortga*ed premhN, a any part tlwaof, beaorrtes vested M a portion other than tM MORTGAGOR, the
MORTGAGEE, i» successors and asaipro, may, without reotlea ro the MORTGAOR, deal wkh such successor a successor M interest with reference to fhb
mortgage and tM debt hereby secured in rho same neatwt•r N with Mortgagor without M any way vklatMtp a discharging tM Mortgagors' liability here-
under orupon the debt hereby secured, tJo sale of the promMos hereby moApaped end no forbaoraatoe errs tM part of rho MORTGAGEE a i» successor
a assigns and no extension of the time fa the paymoM of tM debt hereby Nearred given by the MORTGAGEE a I» ouceossors•a ouipro, site!! operate
ro rekaN, disclurpo, modify cf+artpe a affetl rite original liability oaf tM MORTGAGOR herein, ekh•r M whoM a M port.
10. It is specifically agreed that time h o/ rho essence of thh cattraet and that no wahrel of any obligation Itwecwtdor a of rice obligation se-
cured hereby shall at any limo thereafter be h.ld~ro be a waiver of tM forms beret or es< rite irtprtttrtertt Ncured herby.
IN WITNESS WHEREOF, the said MORTGAGOR has herwnto set hb' hand and awl rho day and yeor fMst aforN•id.
read, Sealed and livered in tM preserve of:
STATE OF FLORIDA
~~~ ~ Saint Lucie
as.
rc~,~
ee:-.h
e.fon m• perwrtally appeared Eut a rp i e Ritchie , a single adult ~.rai-
•t11•wMw ro me weN known and krawn to me ro b.
rh. irdividwlp described M std who ete•wNd fire hrpolrtp htatrastnerA, and adotowled0ed befall ttt• thn ~ attaearted tM erne fa the purposaa
thorefn etcpnsa.d. +Mi.ie~..i~ _
~wifa-•f-abo-uli
WITNESS rrry hand and official seal Aria 7i4f/ - , 11,.~~..~e..
~ .. ~ n•:
!n the !A_ !r 4i. at Larpa _. s .
Return Tor Mf/ Goatatllblbt •xpY'sa ;; ..,; ~ Z -I •: ~ ; _
First Fodoral swirrp• a teen ANOelaiion
Nrar~r 1rbiR,~3~tliel,FioIIN~Refiir.: `~'
Of Fort -ieeee. , ~ .
Fort EMrce, Fbride 92i8n ~ Cflt>,^ilfa4.~ w,
v MMeI b Ait{diaS ks'.tea~i Cam.
FILED ANO RECO ~ /~f ~' ~~~~ ~' ~~ -
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