HomeMy WebLinkAbout1512
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15
PACE
62
3. To plK. end con'u.uou.lt k.... on the build. now or -..tt.r aituate Oft 2..1d lend end on .11 equlprftc:n' .nd pe;.on.11y ~ed by thI. ~
~.. with .11 pr....iuon. ,...._ paid In "'", fn lnIutence 1ft the _I .,endard policy fonft. 1ft . ",,,,. .pptoved by 'n. MORTGAGEE. and wlndtt_
'"""a,," in rt-.. ,..ual IIanda.d policy torr.\, 1ft . ..- eppnNed by the MORTGAGEI!, ." ,,.d, company Of compani.. .. ,... MORTGAGEE ....'1
di..ct: and all fir. .nd windatot... "*',ence j)Olidel on MY of Mid bulldi.. MY Inte,..t t"'r.ln or part t"'reof. In ,he 'aggreg.t. ...... .forMlid or
In Uc." '....eof. ....11 con'.;n ,... _I ,'endard ..-tv.. ~ or auch other c1_ .. the MonllAGM ....'1 requir.. m.1Ung ,... 10M under Mid poll-
ciel, ..ch and ......y. pay.bl. to ..Id MORTGAGEE.. i.. jr>terMt ....'1 .ppeal, and each and 'YeI\' .uch policy .h.1I be promptly ,..~ned ...... detiv.r.d to
"''1 ....Id by Mid MORTGAGEE .. fu,..... ~,ity to ..Id ~ debt. .nd, not .... theft .... (10) d.Y' I" edvanc. of '... .xplra1ion of each policy, to ....
Iiw< to Mid MORTGAGEr . ,_w.1 thereof. together with a ,ecelpt for t'" pr....ium of wch ,_w.l; and ,"'r. ....11 be no tire or windatotm I.......nc.
placed on .ny of Mid bvlldingt. any In'.r... ther.1ft or part ~, un.... I" ,... form .nd with the 10M patabl. .. .for"..id; .nd In ,... ......t any .um
of _'I becomet pay.bl. under .uch policy or policle. ..Id MOllTGAGEE ....11 have the option to receive and .pply ,... ....... on .coount of ,... indeb'ed-
..... It ....red ....eby or to permit Mid MORTGAGORS to ,ecelv. and Yea It or a"y part '....eof for 0''''' purpoM'. wi,hout '.....by waivi"9 or impai,.
lng eny equity. lien or ,ight under or by virtue of thl. rnortgeo-, and 1ft the .vent Mid MORTGAOORS ....11 for any ,..eon fall to ....p the Mid pr.mi... 10
IMUled. or f.1I to dellvet promptly ''''1 of Mid poIicie1 of 1__ to ..Id MORTGAGEI!, Of fail promptly to pay fully .ny pr....ium '''',.for or In .ny
,..peel f.n to perfOtlll, diacharge, uacute. .H.ct, complete. comply with .nd abide by thi. _t, or any part hereof, ..id MORTGAGEE may piece .nd
l>ay for ....:h inauranc:. Of .ny part t....eof without w.lvlnq Of .Hectlng .ny option. ...... equity, Of righ, under or by virtue of ,hi. Mortgeg., .nd ,he
"'II amount of Mdt and ....,., auch pav-t ....11 be immediately ckIe .nd pay.ble and ....11 be... Int....t from ,he d.te t"',eof ...n'il paid ., ,... ,". of
nine per c...t..... per ........m and toge'her with auch .jrot_, ....n be MC\Ind by t'" ,.... of this rnortga~.
4. To pannIt. commit or tuff. no w..t., lmpaitment or deterior.tIon of ..Id property Of a"y part thereof.
5. To pay all end lingulae t'" COl". chargM and a~ 1ncI0Id1ng . _ble .ttomey'. f.. and coo.. of .l>Itr_ of 1Il1., Incur,ed Of paid ..
.ny ti.... by wid MORTGAGEE, b.caUM << In the even' of the f.n.... on the part of the ..Id MORTGAGOR to duly. promp,ly .nd fully perform, diKharge.
execute. .ffect. complet., comply with and .bide by 4NCh and awry the .tipulationa, ag"-II, conditlona. and co......nll of ..id promluory nol. .nd ,hi.
mortllage any or elther, .nd Mid COlla, chargea and .llpeRMI, .ach ,.-.d """,, .hall be lmmedI.tely ckIe .nd payabl., whether or no' t..... be no'lee de-
mand, .tt.....p, to collect Of .uit ~nding; and t'" full amount of 4NCh .nd ....,., auch payment .hall bea, Int....t f,om ,he da'. ''''r~f un'il paid II lhe
,.te 01 nine per <en",m ~, annuml .nd .11 Mid CCKIa. charllft and ."PAf'''' Incuned Of paid, together wi,h .uch I"t.,.... wll be M<ured by'''' lie" "f 'hia
..-tveo-. '
6. Tha' (a) In ,he ~n' of .ny bench of thia Monllage or default on the part of t'" MORTGAGOR, or (b) In ,he .v.n, .ny of ..id .um. of mone,
.....'n ,.f..red to be .-ot promptly .nd fully paid with'.., 'hirty' (30) d.Y' nut .fter the ...... .....rally become d... .nd pay.ble. wilhou' demand Of no'ice.
or Ie) in ,... event .ach and .very t'" atipullli:)ftl. ~,_ta, condl'lona .nd _II of Mid promluory note .nd Ihi. mortllag. any Of .il.... ... not
:luly, promp,ly and fully IWrfornwd, diacharged. ....cu,ed. .ffected. complfo,ed. complied wi,1i and .bided '"'I. then in .i,he, Of .ny .uch .ven' ,... Mid ag-
llr~'" .um ,-nlioned in Mid pwmiuG;Y nOle ,hen .....oln1ng unpaid. wi,h h,t...., .ccrued. .nd all money. lecured hereby. .h.1I become due .nd pa,/,"
.bI. for,hwi,h. Of ,her..ft." .t ,h. op'ion of ..Id MORTGAGEE. .. fully .nd compl.'.1y .. If .11 of the ..id .um. of money w.r. origin.lly IIipullled
'0 be paid on .uch d.y. ...y'hi"9 in said promillory note Of ,,, this N\o(~ilave to ,... con'rary notwj,h.t.nding; .nd 'Mreupon or '....r..ft.' II th. op'ion of
uid MORTGAGEE, wi'hou' nolice or d.mand, .ui' a' I.w or In equity. therefore or t......lle' begun, may b.t proseculed a. if .11 money. .ecured her. by
had mllured prior '0 i'. instilu'ion.
7, ThaI in the evenl ,hal al ,he beginning of or..a' .ny 'ime pending any .uil upon ,hi. Mor'gage. or '0 foreclose i'. or '0 reform i', or '0 enlorc.
paym.n' of any cI.ims hereunder. said MORTGAGEE sh.1I .pply to ,he Court hiving juri.diction 'hereol for ,h. appoinlm.nt of . Receiver, such Cour' Ihall
lor'hwilh appoin' a receiver of said morl9a9ed proper'y all .nd .Ingu!ar, includIng .11 and .ingular ,he ineo~, profi'.. illue. and revenu.. from whalever
source deri_ed, ..coh and every 01 wt;;ch. j, being ixprellly und.n'ood. i. her.by mor'gaged a. if .pecifically let forth and delcribed in lhe gran'ing an..!
habendum c1avlel h.reo!. .nd lveh R<<eiv.r Ihall have al~ ,he broad .nd .ffecllv. funC'ion. .nd powen in anywise enlrusted by a Cour' '0 a Receiv.r, .nd
luch appointmenl shall be made by Ivch Cour' .. .n admilled .quity and a mall., of ab.olul. righ' '0 ..id MORTGAGEE, and wi'hou' ref.rene. 10 lhe
adequKY ()< inadequacy of 'he value of ,he proper'y morlllaged or '0 ,he .olvency or insolvency of ..id MORTGAGOR or ,he delendan'.. .nd Ihal such
r.n1S, profilS, income, i...... .net rev en.... .hall be .pplied bv .uch Receiv.r according '0 the li.n or equi'y of laid MORTGAGEE .nd ,... prac'ic. of ."ch
Co...r'.
8. To duly. promp'ly and fully perform. di.charll., .xecut.. .Hect. compl.te. comply wi'h and .bide by each .nd .very ,he .tipul.'ion., agreemen'..
condilions and coveNlnt. in said promi.sory no'e .nd 'hi. mortllag. .., for,h.
9, Tha' in ,he .ven' ,he ownenhip of ,he mor'galled premi..., or any p." ,hereof, becom.. ve,'ed in . ~rlOn olher ,han ,he MORTGAGOR, ,he
MORTGAGEE. ill .ucc...on and a..ign.. m.y. wilhou' nolic. '0 ,he MORTGAOR. deal with luch .ucc...or or .uccellor in inler.s' wi.h ref.r.nce '0 ,hi.
morlgage .nd lhe debl hereby .ecured in 'he .ame manner a. wi,h Mor'llagor wl'hou' in .ny way viti.'ing or diKhorging ,he Morlgagon' liabilily here-
under or upon lhe debl hereby secured. No ..I. of ,... p'....I... hereby mortll'lled .nd no forbeara""e on 'he part 01 'he MORTGAGEE or i's Ivccellon
or ...ign. and no .xlen.ion of lhe 'ime for ,he paymen' of t'" deb, M,.by .ecured giv... by'''' MORTGAGEE or il. .uccellon or ...illn., 1...11 o~ral"
to ..I..... d'lcharge, modify c"'nge Of .Hect lhe origi...1 Ii.bility of the MOltTGAG~R .....in. .ilhe, in whol. or in par'.
10, II I. .petifjcally ~rHd ,ha' 'i.... i. of ,he ....nc. of thi. contr~ and lhat no waiver of .ny oblil1.'ion hereunder Oi of ,he oblig",on .e-
curKl hereby .h.1! II .ny 'im. thete.ft.r be held'to be . walv.. of the ,.r.... "-reof or of the i...'rumen' .ecured herby.
IN WITNESS WHEREOF, ,he ..id MORTGAGOR has he..un'o .., hi. hand .nd ...1
~ped :5/'li~;b-- of:
~ 0t. 7'AA/
al)
(Seal)
STATE OF FLORIDA
} a
COUNTY OF
SRint Lucie
hfor. .... personally afP'ated
Marp:e F. TOrrey
,... indivldu.l. described I" and who executed
'he..in .apr.lMCI. And the ..Id
Herbert
F.
Torrel
and
hi. wif., to .... w.1I known .nd known to _ to be
before me thet fhey uecuted t'" wme for the purpoaea
Torrey
the foregoing lnatrurneftt, and aa-Iedged
MaI:.8e F.
_if. of t'" wid Herbert F a Torre,!
.lllfllina'ion by me tHen aepar.te and apart '"- her ..Id husband. ecknowfeclged to and befon me thet .... .xecuted ..Id
",ily and without any compul.ion, conat,.Ift,. .pp'....mion.,X.., of or from her ,.id huaband.
..2 7 - day of Jpl.7 . Ll
~/.J~. ~P--f?__
Not.ry Public In end'for the .State of Florida .t Urge
My eon-IaaIon exp/nW, . r' ,.
';t.~-y ~;~ ~'.. ,,:' ~:-:.:~~ ..~
My Comrr,;: ,:. .
.Ioe4.o Iy A.To/.c:.... -....;~ ..1.3Jt, :::~.
upon . ..~ra'. .nd prov.,.
inatrument f,..ly .nd voIu~
WITNESS my hand and oHlc;.l ...1 "'..
A. D. 19_61
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