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HomeMy WebLinkAbout2094 0, R., 7 548 3. To p1k11 a!\d (On';"uowly kHp Oft th. bulldlr:J_ now << he,.."., ~tval' on uid land and on .11 aqulpm.,,' .nd ~..tm.lly covered by Ih:, morll/' ~,wlth .11 ",~Ivml th.reon ~Id 11'1 Nil, flf. IMUrance 11'1 th. v....1 .,.rd.rd policy form, I" . .um .pprov.d by Ih. MORTGAGee. Ind wind.torm InOU'lnc. 11'1 the ......1 lI.nd.~d policy form, In . '1.'''' .pproved by H MORTGAGEE. In .uch comp"ny or componi.. a. .... MORTGAGEE ml; dlNlC1; and .11 fir. and w;nd.ton" !...u,.nc. polid.. M ."y of ..Id bulldingt. eny Inl.,... ,"'r.ln 0' porI thertel, In .h. Iggregate 'um Ilo....;d 0' 11'1 .xc... 'h....,t, .hlll' (01'111'1'1 ,,.... uoual .,and.,d mo<tvl9M ctaVM or .uch 01.... c1lu,. "' ,''' MOf'Qlg... ml'" reqvir., mlking ,n. 10.. v,,-:J., uid roli. clet. "Kh Ind eVlfY. p'Ylbl. to ..id MORTGAGEE .. 'h In,...., nvy appeM. and ..'... end .v.ry .uch poiicy .h.1I be promptly CU'ilned and delivered to a.,y ...Id by IIId MOI!TGA(;EE .. furlhe, llCUtl'Y to ..lei mortgl'oJ. d.bl, .nd, nol I.., 1"-1'1 '.1'1 (10) diY' In adv.n<e of the .xpi'IIion of uch policy, to de- liv... 10 ..Id MORTGAGEE ! r.newal Ih.reof. togel'- with. rK.lpl for lhe p,emlum of ,uch -.n.wel; end there .hlll b. nc. f..e 0' windllorm in'v'I,,,e pieced on any "f uld bui;dl~l. .ny 11'1''''''' ther.ln Of ~rt lheteof. unl... 11'1 ,... form .nd with t'" lOll paYlble .. Ilor,..aki; and in Ihe .ven' Iny .um 01 ~..y b<<om., ~yabl. under ,vch policy or polic;.. ..Id MORTGAGEe ....11 hev. ,... op.ion '0 ro<:.ive Ind Ipply .h. um. on Iccount 01 .he indebted- MSI .<<ured "'r.by or to !>,"rmi' uid MORTGAGOlS to ,ecel.... .nd u.. It Of Iny pe:' thereof lor "ther pvrpo.e., wilhovl 'hereby wai.in~ 0' '"'p.ir, Ing Iny equity, lien Ot rlgh. und.r or by virtue of Ihil mortg.g.; and In In. .....1'1, ,.id MORTGAGORS .1,111 lor any re..on hll 10 k..p .h. uid premi... .0 iNured. Ot fill to deliv., ptomplly any of ..Id policiell 01 lnaur.nc. to uid MOPTGAGEE, or hil p'omptly 10 p,y fvPy Iny premiv", ,h.r.I", or in any '.Ipt<:! loa to ~o...n. diach.tg.. ...ecvle. .ffect, C1,)n\pl.,., ~ply wilh and Ibide by Ihi. co....".,,', or any Plr. hereof. uid MORTGAGEE '''IY place e"d ~; ,Ot .uch Inlu,.I'I<' 01 any ~rt t"',eof wllhou' w.lvjr~ or .ff..Cfing .ny option, li.n, .qui'y. Of 'ight under or ly virlv, 01 ,ni. M:>tlgag.. a"d '~,e full amount of H<h and every .uch ~ymen' .hell be itnfnldlahly dv<.. and plyabl. and Ihall be., In'er..' from the dll. ,"',eol until p.id It ,he rat. of nine pet' c.ntum pet' annum and log.t"', wiln I\"h Inl.r..t .holi be MCvrwcl by ,''' Ii.n "f this mortg~.. 4. To ~It. COtI'IIIIIt 01 .uff... no wa.t.. u..~lrmen' 0<_ de'.riOtallon of uld property 0' .ny ~rt lhe,eol, 5, To ~y all and .lngulor lhe COlli. chargft and .x~n.... induellng a ,...onabl. allo'n.y~ fM and COil. of ab.t,.cto of ,ltl., Incvrred or paid al any lime by ,aid MORTGAGEE. bee.UII Ot In lhe .venl of ,''' hilu,. 01'1 ,''' ~rt of ,''' uld MORTGAGOR '0 dvly, promp,ly and fully porlorm, d:"nlrg.. uacvt.. .ffect, complet., comply wilh and .bide by each and .....ry ,''' ,'Ipvlallont. ag,..m.nt;, cMeli:i",,". and cov.n.n'" of uid p,omluory nO'e and tnil mortgage any or .i'...... and ..Id COtll. &'''''9.a and .xpenM', IIch and ......,y, ohall be Immedial.ly d_ and p"y"ble; wn.IM' 01 no' ther. be notice d. m.nd. ."....pt 10 collect Ot wil pending; and the full amounl of'..eh and wary .uch p.ymen' .hell be., int....t from ,''' d.te ,''' reo I un.il paid., Ih. '"I. of nine plr cenlum 1"" annvm; Ind all uid co.", cherg.. end UpenHI incurred Of poid, log.,"'r wi.h Ivch in'.rOl', .h.1I b. .o<:u,ed by the lian 01 .h:. ~ag., 6, Th., (a) in 1M .venl of any breach of 11.11 Mortgl'oJ. or d.Ioul' ~ ,''' porI of Ihe MORTGAGOR, or (b) In the .'1.1'11 a"r of uld .um. 01 money Mr.ln ,.I."ad 10 be not promplly .nd, fully poid within ,hi,ty'i30) d.y-. noxl .fter 1M um. .""e,.lIy beeome dv<l and poyable, wilhov' demand or r.olice, or (c~ 11'1 ,''' .'1.1'11 .ach .nd .very 1M .'Ipvlalions. agr...men'., condltionl and covenanll of uid promiuory nol. .rv.t 'nil mo,tgago .ny C'f .ilher ore nol iuly, ptOMp,ly and fully pIItform..l, disch.rged, exacvtad, .ffected, compleled. complied wi.h and abided 'l>y, 'hen in .ilher or. Iny .vch event .h. u'd ag- greg.'a .vm menlion.d In uid promiu~ 1'101. ""'1'1 ,.....ining unpaid, ...iln In'.re.1 .CClued, .nd all money. .ecvred hereby, .hlll become dve .nd pay. .bl. forthwilh, or lhereafter, ., In. option of uid MORTGAGEE. .1 lull.,. .rd compl.'ely .. If III of 'he nid .vm. 01 money were originally ",pulaled to be paid on .veh dlY. Inylhing in laid promi..~ nota or In thlt Mortg.ge 10 Ihe con',ary notwithstanding; and Ih.reupon 0' Ihereafter al Ihe option 01 ..id MORTGAGEE, wilhovl notice or d"",and, lUil al law or in equity. 'he'efore or ,herealter !>..gun, may be prolecul..d a. il all money" a.cured hereby had matured pr'tor 10 it. inlfituHon. '- 7, T"', in lhe event ,hal a' ,he beginning of 0' at .ny lime pending any .uil vpon .hi. Morlg.g., or to fo,eclo.e iI, or '0 relorm it, or 10 e"lorce poymenl 01 any claima herevnder. said MORTGAGEE Ihall epply 10 the Court having jvri.diction thereol for Ihe appointment of' a Receiver, .u:h Covrt .hall forthwith .ppoint I receiver of ..aid mort9ag~d property .11 Ind Ilngutar, including .11 end singular the in'0me-, profits, juues and r~"enues' from ,^.h3te.'er f.Ource deri...ed, fl'l!th and every of wh:ch, it being e-:ll:nreuly underatood. 'I hereby mortgaged al if Ipt!'c,flcally set fenh and described i!"l the grantjng and h.bendum clauses hereof, and .ueh Re-ceive-r skall h.,ve .1' the broad and .ffective functions and powers in an.,.....ise entrusted by a Court to a Receiver, and Ivch .ppoi"tment .hall b<> made by Ivch Court ., an .dmilled equily and a mailer 01 ab.olvle righl 10 ..id MORTGAGEE. .nd withoul relerence 10 Ihe .deqvKY 0' inadequacy 01 ,he value of .he proper'y mortgaged or 10 the .oi.eney or in.olvency 01 uid MORTGAGOR or ,he defenda,,", and Ihat .veh r.nll. prolill_ Inc.:>me, iuu.. and- revenue. .hall b<> epplied by .vch Reeeive, Icco,di"g '0 Ihe lien 0' equily 01 lI,d MORTGAGEE and Ihe proclice 01 auch Court . 8. To duly, p'omplly .nd fully I"'rlorm, di.ch.'ge. execul., effect. complete. comply wilh end abide by eoch and every the ";pvlal;on.. agr~ment., cor>dil:Onl and covenan!1 :~ I.id oromiuo,y no'. Ind Ihil mortgag. leI forth. 9. ThaI in Il,e evei'll Ih. ownership of ,he mortg.ged p'.mi...., 0' any p.rt ,hereof, ~come. ve.ted in a 1"''"01'1 other than .he MORTGAGOR. the MOIlTGAGEE, it. ,uccellon end auignl, may, withou' r,olice to Ihe MOIlTGAOR, deal wilh .vch .uccellor 0' .vcceuO!' In intere,' with reference to Ihi. mortgl9. and Ihe debt he,eby .ecured in the ,a.,.,. manner.. wilh Mo,tglgo, withOul in any way "itieling or d'lCharging Ihe Morlgagors' Iiabi!ity here- under or 'Jpor. ,he debl he,eby lecvred, No ..Ie of ,II. pram lie. h.roby mortg.gad and no forb..rance on the parI of Ih. MQRTGAGEE or ill I\)CCellor. Of .uign. and no exlen.ion of the time for 1M p.ymen. 01 In. d.bl h.reby .o<:vred gi~en by lhe MORTGAGEE or ill .VCCellot. 0' auignl, Ihall ol"',ate to ,.Ie.... dilchorge. modify chang. or .ffecl 1M original liability of lhe MORTGAGOR h.,.in. eilher In whol. or in part, 10, " i. .peeifically ~'eed Ih.1 time I. of Ihe ell. nee of Ihi. con"acl end .h.t no w.ive, 01 any oblig.tior, hereunder or 01 Ihe obligation 'e' OJI'ed her.by 11,111 al ~ny lime Iherelfte, b. h.I<I'I(> b<> a ",.iv., of Ih. I.,m. he,eol or of Ih. in.t,ument un'red herby, _~:!~~~::'.::' ""00'. ... '" ,,~ 'od ..,I ", d" '?f:!~~r1'!:~ L'/ (Seal) (Seal) STATE OF FLORIDA SRint Lucie M. COUNTY OF ~o11r)""AY ~,~ qrk v ."d Before ~ pentm.lly ap~a'.d ~olloway N Franc~s hil wife. 10 me w.1I lnown and known to me 10 be Iftd .cltnowledged befOt. me Iha' lhey execvted ,''' tame fo, t:>e purpo.el Fr~nc~8 N ~nl1nwq~ lhe Individual, deactibed In and who executed the fOtl'oJolng In.trument. lhereln lXore~. And lhe "it! r~ark tv! Ho11owny wlf. of ,''' &lid upon a .epar.te and provate ......ination by me taken ~~ral. .nd apart frOM ..... ",r;! hUlb.r:d, acknowledged 10 and before me 11..1 .he exacuted uid inllr"",ent freely .nd volvn- larlly a~ withovt any rompvl.ion, con"'ain'. .ppr....naion. dUt of Ot from ..... Mid hUlband, WITNESS my ...nd and oHici.1 ...1 lillA ~./ day '>f A. D, 199 , J Rotum To. FIm federal Sw\ftgI .. l-. ~1oI'l Of Fort Pi.,C1, fOf1 Pierce, FlOtlda NotMy Pt.~. ~~~~ .~: ~]ll~ ~. ~ . _ My Commiuion.o;xp:;,:rtq.:;, f 1961 ~ : <.. ~b""taJ.~"",(>~' .: ";>'~,:~.,~':;: i::" i: ~..{~.,:. ."::!I..""". 939-1J ~ \", .,,'" ":f/~"I/~"f , ..."......\ .joo,,(,Ur...., I,/;..~t . '. .;<' V,..,...,.,.. f':' ~;. " r.~ __~, ...... I~W f ,... ~() ~ \. J.;,~~:;~}.~-~~:,.:...,~;) ..~ l' " r., f........ '''...::- ~ - 'i :', ~.jffl". 'f.' C..'. \-'. .-, ~: :11(,/ .I"~'''' ;,\~\~. . ' ., ..:.;. . r"'PlU'" - FILED AND RECORD D IN~d _BOm~ '9~;R '0 PM 3: 02 RJln:.i\ r0ITRt.:>, ~L[~J\ SLlUCIE COUNTY, fLORIOt ~~~{.j f - ....... ,., e e