HomeMy WebLinkAbout1936$ooK 3 66`7
ST. LUCIE COUNTr~ FLA.
PROVIDED, ALR'AY3a tLat i[ tle MaetPAoa atia11 Pal ~' the l[,°tttp',°° tits iadabtednaM evidenced by
certain proaaiawry note 1 M1tic>a tbs [oliar~ats is tmarda atad 5~ueea it a tstae oop~ legit:
a, s5~ oo ~il:'f~~~~Lrr~c ,,,,.,,.~._Fec~vw~Y ~• ._.....1~_ai
:..__.._._...__^ a M tim otrder d
Fort vAl.us ~L iA. ALT A~l~ ~S~LSY F. ALT>~tAN, ~B wilR ,~.
.._._.._._.. +; ~'O TaOUeAxn TxRSS svNDxSD FZi"1'Y ~ ~ta100------ ~- --- ~u.n
`he p`r°`ip'' "'m nBl~U/IRY 101
_- ~~ -
to6ether with istereat thereon at the rata d i.....---..Per aAt pro sltnum t ~ t)>t UaiW rota. tattle prl~lpal ~t and iataest pa7abk err
until t+aaturity, bot>t p~acipal ind lataraK bdai payable ie Lstfitl >K~ir
iostsllmeats as follows:
;90. 00 l[ONTHLY II~CLUDIIiO 1NTB1iRiT ~1 TSE 1518 DIi1Y OF l~A~;C1d, 1081 AND
350. 00 A ItdOI~TtS niCLt~8~31NTt>E~~ die THi 15T8 DJ1Y OF'EJ1CH MOI~lTH
Trt>~..EAFTEEt UNTL[. PAID ~ ~T AFTER c)NS YEAxRA~A PF~iAt.TY uFAY
TH1fi NUT E II~ v,'Ii(%L g OK II~ PAR
2'? ~JF THE pRIIdCtpAL BUId PREPAID.
tlttch lastaumeat pgttsents .h.u ba apptld flee to tha lnarr~t aocntlq under the tatwrs d this sots and then w .reduction of the
~ ..giro ~~ ~~ of t>at.Pa)~tt ~ protest, and to the event gulf shalt be
pt~~1'demakers amend endorsee d this nob Iurther atree d ~ sttorna~r, to pal tedonabk attorney's tees for making such
brought for the eolkctbn hereof, or the lama has to be oollocted u e arum from maturity until paid. 'T'his ante b aecuned
oollectios. All pa u hereunder shall bag interest at the me ot.....-......--pa*an Pa
amen to the laws d tha State of F1orlda: upon default to the
M a mort;a~e of e+en date herewith and t: to be eotwt*ued and d1Eot+~eadQ~aooo+~ ua d ab:u. at the: oPt-oa of the holder..
payment d prinapal aod~or i°'tet+atWe. F~ n w afire else: this oPtioA~sAau not °OOatit~ a t right to exercise the same in the event
me immedlat y due and psya
o[ subsequent dehult. ................. (SEAL)
Payable at _.~..._.. ...___........._..._ ........... ...._.._..._....._. ~..,
or such ether the holder oft that
designated by
note In writing.
..~C~$~T-7. BTILr' I~NIE±I~ _._...... _. _ ............... (SEAL)
. (SEAL)
E LAII~L b~ BTL~ FAI~IC: H .........~.. (sEAL)
and shall per:otrrt+ comply with gad abide by each gad every the atipnlatit~nt, a6reemeatar ooaditions and covenants of
said promissory note and of this deed, then thin deed gad the estate thereby erected shall oeaae and be null and void.
1. The Mortgagor hereby covetunts and a6reea: hk b virtue of said promissory note and this
(a) To pay all and siaatrlar the prieeipa] and interest gad other soma a( atowey Pals r
deed, or either. promptly on tba Jaya respectively the agent severally besessar dse.
at all ttrtaea i, a Pau of prod repair and coaditioa; and
Ib) To permit. commit or suQer no waste and to mriMaia the improveaeeta ~ ttw and eharactcr d said properq or in any way
to do or permit to be done to said premiss oothio`` that wW alter or eban~e eet H inability of the Mortpaor to reparr and maintain
....kee the security of this mertppe. Aad in ease of the retsgl~ .~ . ~ t. ~ eosde, gad advance moneys in that Irehalt.
said property, the Mortpaec may. at his option, mate acct napi•• ~• ~-^~ =-'
. _ ........ I.viei liabilities, and obliptioss 1 every wtnre~oa•~aid deseribed.propeM lrt.rel
I c l 1'o par ail ^nd sioawar u.c :::¢:. -••~•• and tr. Oeuver ie loo pa~..~:r.n..o :. _~.._ _ ._
and eery when due and payable aecordinE to law. before the become delrngaetaM. [~ ~ p~~ uleaidar year: to ia~daon+ty the
15th of each year tax reeeipu evideacina the W7toeat d all Lwtnny in'p°aed a thin mertpa oa the indebtednew aeeured
~tortaaaee upon his demand for all tasea. aaaewrreau gad sharps clot may be aasewed ttpo t of the
hereby. and paid by the mortppe. without retard to •ny kw heretofore eructed or hereafter to be eructed impoain3 paytnea
whole or any part thereof epos the Mortpaee. __ pu
1 d) To pay all and ainplar the costs. clue~csand e:pesad, ie~uJ~ Mo pt~or to~per{orsy ccsmpl m«it gad abide by a~eh and ee 7
^ny time by the Mortpset because of the tailsre on the part t shill
the stipnlatioss, aareartteau, conditions and eorewata of said premiawry seta and this deed. or either. and every such W7°1es
Gear interdt from date at the rate of tea per eentnm per annum.
(e) It is farther eovesanted and agreed by acid ppaarties that is the e~est o(a snit beinP idtitnt ~i~ ~I~~[ fee thpe~P~°~stment
pace shall be entitled to apply at any time pesdinL sseh foreclassre snit to the eon ha ~~ aed troveesea tberset, teen `r°'t^°evcr
et • receiver of all and singular the murtpaed Property. and of all renu. ioeemea, p 6ta+ .
source derived; and thereupon it is hereby es rdaly covesaatod rod a6rced that the Gtrrt shall forthwith sppoiet weh receiver with
the wual powers and duties of reeri~ers in like cases: and acid appointment aball be taade b7 the court as ^ matter of strict ritht to
the MortRaaee. and without reterenee to the adeytuc~eadaet t~oasub quit. i1The 1(~p6e~bcreby apurfieall~waivd t!•e riah~to
or insolvency of the 11[ortpprs or any other party
object to the appointment of a receiver as rforesaid and hereby e:prewly eo+rsents that wch appointment shall be ruade u an adnritte
cgnity and as s matter of abwlnte ri66t to the Mortppee and that the same may be dote witheat aotiee to the Mortpttior.
(fl It toreclwnre proeeedinRs ahonld be instituted apinat the Property eevered by this mertpae epos any other lies or claim whether
^Ileaed to be anperior or junior to the lien of this mortpp. the ortpate n+ay. at Itis eptios immediately epos institution of ssch
suit or during the pendency thereof declare thin mortpPe and the in+kbtedsew aeeured hereby due gad Peyeble terthwith gad may at
ice option petered to forcrlose this mort6aEe. , , ___~ ;_ ,l
ia} That the +.UortM=er will keep all real and peraonai properij a:.~ ar hrc:o~!cr '^-"!=ti"rea oy tae i.en .: :a:: -~- ••p:`- "~'''`
u may be required from time to time by the Mortp6ee apinst ions Gy ere. winu•ionr: zed other 4raxsrds, ewnalties and conunaenciu
for such periods and for not less flan aueh amuums w may be required by the MortP6ee and to pay promptly when due all premiums
for wch iwurance. Tbc amounts of ir+aunnee required by the ldoripsee shall be the minimum ameuab for which 1•rmeel and com ly
be written and it shall be incmrbcnt epos the Mortpp~r to nuinuis aueb additional inaunsee v nuy be rreeeaaary
fully with all eo•irunrance requirements eostairted is wid policies to the end that the acid Monpand all nolieiao-ind rerxw~i a thereof
Iruurance shall be written by a compaey or companies approved nr deaiputed by the Mortpaee p
shall be held by the MortpRee. A11 deviled desipatieea y fire Mortppr which arc geeeeppfed by the Mortpsee and all adtreemcn+.
between Idertp6or and Mortpsee rclatia6 to istsnnace, sew existin6 or hereafter made. aball ~owarta~datpheri~iweeaaera nod asuRr+e.
mortptte aarremmt y fully ss lbo++ab set forth verbatim hereto acrd dull `Duero b!th~Pa bleb ma be payable oe the cancellation sr
Tic lien upon any of said policies of irranraaee or upon gay -efaedXer r ~ur°rp~ `~o~rt~ ~ed to aueh policy and approved Gy
ten+rioatiun thereof, shall be Riven to other t}ua ibe Mertptiee, opt p Clause witMst Costribntion. makinE
Mortpaee. Each policy of insurance shall lu:e atioted tberete a Standard New York Msrt~ ~ as wen or attura of mousy become
^11 low or losses under soeh Polley ppl~y^ble to the MoAp{ee as iu interest mal aPPt
payable thereunder fire Mortpaee shall have the optics to troceive gad aPyyly the same o• accwat et t~ indebtedoaa b<lien, er ri6lrt
or to permit the Mortpaor to receive and gene it, or uy part t-ereoE, witheat thereby teaiviw{ or impairiK gay oq
under and by virtue of this mortp6e. In event of less K physical damp to the mertpacd prepeKy the 1[ortppr shall pve imme-
diate notice thereof by mail to the Mertppe gad tLs blortpaee oral make greet of I..a if the name is get made promptly by the
Mort or. Is event of foreelesure of thu mortpp or otMr tr>•+ster of tick to the oortppd Prepert7 is a:tinsnishment st the indcbt-
pf liciea then is force aball Pans to the
edneas secured hereby, all right, title gad interest of tha Yertpaor r gad to arty ianeraece po
purchaser or Raetee. ~~~ aed ava~aaota i. acid premiaesr7
(`) To amply witL aed abide by ankh gad avert' tLe atipaladoas. asaa~aete.
aQte gad ia~thls ~ sat raR6.
Q~qr 3 f b~