HomeMy WebLinkAbout0175
. >, . ... ,""-. ~. . .-,. .I .
..,_.....:__...........'-;......o..-___~..~ ..~~.;.__.w...,;...4>-....._..;:." _..._~ ..............._...~__ --.......... ..,....._;~_~..--~~--"-l.-:.....~.....-.-'-"-.-..: .
O.h.
eO~1
3. To piKe srtd conlllwooJlly ~ on the bulkfmge .- Of .......:,., tINa,. on ..1cI.1and..end or. .U oqulpmenl ~ pI,aonellv coy...cd by Ihll mC'!ij'
"30, ...ilh .11 pl"omluma Ihcreor. ~Id In full. flto lnaurenc~ "" the 110O..1 ..ttlder~ polky fonn, 1h . lum .ppro...ed by I'" MOR!GAGfE, .nd wond,lorm
imuran.:e In 1M ulutl ".nderd polky form. In . wrn IlpPtOWd by rh-o MoItTG.~EE. 1/\ IlKh company Of ~pe.,i.. 1M tM MORTGAGEE m.y
dirot<II .r4 .11 fir. end wlndatotm "-'.r....:. poIldM on MY of uld build;'.. .ny Inlcrhl lher-eln Of pari Ihweof, In I'" ~I~.t. I"m .Ioreuid or
L\ exc... IMreof, .hllI conloln tlw \.I_I ,'anderd ~ ,16\.... << wch other c'-u.. ... th- Mort>l*il" may !oquir., mo>.1ng 1M 10" u"<'er u,d pol~
e1.., .~ch trod .very, pev..W. to Mid MOaTGAGEE .. I... Int....t ....y ~, .nd c..ch .nd .v.ry luch policy lh.1I be pl"omplt,y .".gned .nd delivered to
.ny Mid bv ~id 1l'.OIlTG".GU .. furtNt MCU,lty to ..Id ~ debl, .M, not leu ''''n "r (lO) eMV' in advanc. of 1M ..plrtlion of ".ch policy, 10 d....
Iivlf 10 Hid MOIlTGAGEE e r_wal the,eof, togelher whh . ~~p1 for 1M pr.....lu." of au<h r.n.w.11 And Ih..r. Ih.1I be no fill or windl;oom inlurence
placed on any 01 uld bulldingl, e"y In.er..' !her.ln >K part IMleof, un"'" In ,''' form .nd with Ih.'iolI ply.!;,I. .. .Ior...:dl .nd In Ihe e_.nl ""; 1,,,1"\
of mOol.y l>Komel p.yahl. und..' auch pollcv Of polic," ..Id MOIlTGAGEE &Mil 1M... 1M oplion 10 r.c.;... end .pply Ih. ..me on .ccounl 01 lhe ;ndebted-
:>en ucured .,....hy or to p.tI'l'Ill ..Id MORTGAGOIlS to r...l.... .nd VII II or .ny pilI 'her.":)f fOf olher pU'poIes, v/i.hout Ih~reb( w.i,'i"g or ""p.ir.
1"9 .ny oquity, li.n o)t right under or by virtue of Ihll r.-1gegl/ .nd In lhe event 1.ld MOlllGAGORS IMlI fc.r .ny r.'1lOn 'ell 10 k..p Ihe I.id premi.e. ""
inlured, or ftll to dotllver promptly e"y of wid polldll of Inll'"'''' 10 uld MORTGAGEE, Of' hil plomplly 10 ply fully .ny pr~mium IherelOl or in .ny'
lelpec! f.1I to pe<for,n, diKh..-ge, uKule, .ff..., comp"", comply wilh .nd eblde by Ihil coven.nl, 01 .ny parI heleof. ..id MORTGAGEE mey place ,',d
p.y for luch !nlurene. Of' eny pitt Jhlreof wilhoul w'lvlng Of .HKllng anv option, lI.n, .quity. Of righl onder or by virlu. 01 Ihil Molloege, .nd Ih.
lull .mou,",1 <)f Qlch .!od every .veh plymenl Ih.1I be IlIltlMdlet.ly dva .rod peyebl. .nd Ih.1I betr Inltr'll fcom 1M d.t. tf",ecl unl:l paid .t Ihe rote of
nine par centum plr an.lllm and !ogelher wilh lve!, Inlerell lhAlI hi ~red by 1M lien of Ihi. >no<lgeg..
~. To pe<mll, commit or wfj., no w.lla, Impairment ~ dotler!of.II;.n of Mid prope<ty or .r.y p..1 ''''rO<.'I,
S. To pay .11 .nd Ilngulll l'>e COlli, cherg" and .xpenM1. Including. reoon.ble '"Of'".y', 1M ene! COil. of .bltrlet. e I lille, Incurr~d or paid al
.ny lime by lIid MOIlTGAGEE, bee.UI. 01 In 1M .v.nl of 1M f.llure on '''' part 01 In. I.id MORTGAGOR 10 duly, promptly .nd lully perform, dl.charge,
execule, eHKl, compl.'., wmply wilh .M .bide by ..ch .reI .v.ry the llIpul.llon., agre.m.nlS, condilion.. and coven.nh of ..Id promiuory note .nJ Ihi.
morlg.g. .ny >:>r .ither .,ld Mid cotn, chergl' .nd ."pentft, each .nd .very, tholl be Immodi.,.ly dOl end ply.bl.1 wh.I,he' or nol there b, n~tice de-
m.nd, .lIe"'pl 10 collect 01 .uil ~ndlngl .nd 1M full 6tnOUnl ;)f ..ch end ...,.r( lveh plymenl .h.1I betr Inllr.lI frorf' In. dll. Iher"3of until paid .1 Ihe
1.le of ni.... per centum pet .nnum; and .Ii ..id CO"I, chlrgH and e"pln... Incurred Of plld, log. In., wilh .-'\.Ich In:erell, Ih.1I be lecured by Ih. li.n of Ihil
mortgage.
6. lnal (0) In tho .v.nl of -"V breech of Ihil Mortgag. or d'~Il,I. on :he pari of 1M MOIlTGAGOIl, Of' (h) In Ihe ....enl any of ..id .uml 0: money
herein ref.rred 10 be nol prM"1ptly .nd fully plld within Ihirty (30) d.~ noxl eft., the ..'". .everally btcomtl du. end p~y.ble, ......ithout dem.od or n"tice,
nr (e) In lhe .vent ...en .:><1 .very Ih. .tipul'lions, IIJr..menn, coNlitionl .nd covOMnl1 al...id pre>mil$ory nole .nd Ihi. mQrlg.ge .n'l or either lie nol
:luly, pro':"plly .nd fu!ly plrformed, dilChltged, exKUled, .ffKled, com~I.ltd, complied wilh and .bided I:y, Ih.n in eilher or .ny lu,h evenl the ..,d a\1'
gregala lum menlioned In 1.ld promiuory .>01. tMn r.melnlng lJnpakl, wilh Inl.rell a.:uutd, .nd .11 mon.y. lKUred hereby, Ih.1I become due .nd paY"
~ble lorlhwilh, 01 IMr..her. ., lhe option of uld MORTGAGEE, .. fully .I'd complelaly u II .11 of Ihe ..id lum. of money were originally It;pulJled
"10 I-e p~id on .uch day, .nylhing In ..id promlnory nol. 01 In Ihlt Mo:.gtg't 101M co.-,Ifti)' nOlwilhll.nding; .nd thereupon 01 Ihereoher al tho op,;on of
..id MORTGAGEE, wilhoul notice or d.m.nd, lull .1 I.w or In equity, tMI.,lor.. o-r there.her begun, m.y be prntecuted .. il all money. lecured he,eby
h-ad m'lured priOf' 10 ill Inslilulion.
. 7. Thet In Ihe evenl Ihal ., Ih. beginning of or ., ~ny lime plnding ar;y .uil upon ;\'il Morlg.ga, or 10 foredOle II, or 10 r..lolm iI, 01 10 entorce
plymenl 01 .ny claim. hereunder, u;d MORTGAGEE .h.1I .pply 10 Ihe Court having jurildicli<>n Ihereol for Ihe .ppoinlmenl of . Receiver, luch Court sh.ll
forlhwith appoinl a receiver of uid morlg.ged properly .11 .nd .Ingulll, Including .11 .nd linguler Ih. Income, profilS, inues and reveouel from wh.tever
JOurce derived, eech .nd every of which, il being .xpl"eo.ly undenlood, il hereby mOllo.ged al if ipeciliully lei 10lth .nd delcribed in Ih. gran.,ng .nd
habendum cI.ulel hereol, .nd JUch Receiver 11,.11 h.ve .11 the brOld .nd effective funelionl and pow.r. In .nywile enlruu,d by . Covrl 10 e Receiver, and
luch .ppoirlmenl lhall be m:de by .veh Court .. .n edmilled equity .r.d . m,".r 01 ebaolul.. right 10 eaid MORTGAGEE, ~nd wilhout rclerence to the
adequacy 01 in.dequacy 01 Ihe v.lue c! Ihe property morlg,oed or 10 Ihe ,olv.ncy or insolvency of uid MORTGAGOR or Ihe delend_nlS, .nd .h.t .vch
rent., plofilS, incerne, inue. .nd revenues shall be .pplied by luch Receiver according 10 I"'-..lien, or .quily 01 uid "'ORTGAGE~ and the practice uf .vch
Ccourl.
57,aw:173
8. To duly, promplly and fully perform, dilchllge, .xecule, ..Heel, comp!al', comply wllh .nd .hlde by etch ano every 1M llipulali<)nl, _oreemenll,
condilionl and cov"n.nll in ..id prominory nOle end Ihil mOllg.ge..1 forth.
9, Th., i... Ihe evenl Ihe ownerlhip 01 Ih. morlg.ged p'emllel, or .ny pilI Ihereof, ~comes Vltlled In e pelson olhel Ih.n the MORrGAGOR, ,h.
MORTGAGEE, itl luccenOIl end enign.. m.y, withoul notice 10 Ihe MORTGAOR, dul with luch lu<cenor or luccenor in inlerelt with reference 10 !hil
mortgage .nd Ih. de"t hereby .ecurad in Ihe ume m.nner al with Mortg"llor wilhoul in any way viti.ling 01 dilcharging Ihe Mortg.gorl' liabil;!y he.o-
under or upon Ih.. .:lebl hereby .ecur..d, No ..I. of the pr.mi',el hereby ,norlg'\jed .nd no fOlbe.rente on the pari of the MO:lTGAGEE or ill lvcceUOII
or ..signl .nd no exl6nlion of Ihe lime for Ihe paymenl of Ih.. debl hereby lecured give... by Ihe MORTGAGEE 01 ill 'l'ccenorl or e..;gna, .h.1I operale
10 rei~..e, dilcharge, mc.dify ch.ng. or .Heet 1M origin.1 liability 01 the MOIlTGAGOR herein, either in whole or in p"I,
1 O. It il .pecOfically "Ilre~ Ih.1 lin.. II of 1M .barlC'f of Ihll conlrect end 'n.' no w.I....r 0' .ny obligalion hereunder or 01 Ih. cobligation .e-
cured hereb)' .h.1l .1 .ny lime Iheruh.r be held '0 be e w.iv,r 01 lhe Itrml h.reof or of Ihe inlllumenl leculed herby,
11. in add, lion to Ihe for.going monlhl) plymenll of plinc'p.1 .nd Inter.lt required by Ihe oromilJOry nO'e secured hereby. mcrlg.gor ccvenants
.nd egreca 10 P<'Y to morlg.gu with each monthly poy",enl .n .ddiliconsl lum ellimaled by mor:g.g.. 10 be e<;u.i 10 1/12 of Ihe annval co.! of the 10110""-
iJ1g:
A-)\ II re.1 property lues levied or .n""ed .gainll the .hov. de"ribe-d re.1 eltale.
8-Prcniums on fire ar.d windstorm insurance a, herein r~ujred to be cerri~cl on the improvements sit'Jate on the abo-..e des.:ribed premises.
C-Premiur!ll on such morfga.ge guar.nty insur.nce II moctglgeo ahall from time to time deem fit to carryon the loan secured hereby.
Mcrlgagee lhail from tirr.e 10 lime nolily morlg.gor in wri:ing 01 Ihe .movnl dU6 end pay.bla hereunder and .uch .um Ihall thereupon be dve .nd
pay.ble on t~e due dete of Ihe nexl monlhly peymenl and ..ch luccenive month Ihere.lt~r ""Iii mortg'gee Ihall '1Ollly mOrl\jaeor 01 a chenge in such
a~nOUllt. Such sums shall be applied by mortgaGee toward the payment of real property tA}(I!-': insurant::'! porll!miUr!:!, .:;,.d iYI\:nfgage guaranty insuran-;e
premiums.
here"nto tel hlJ lund .nd
:::~~~
($eo a I)
($.e.1)
(Seal)
(Seai)
STATE CF flORiDA
CCUNTY OF
Lur~~~ mWbC;t~ri 'Pj~~1son Fields
St.
Lucie
ss.
Se
;:)
.
Fields
a"d
therein expreue<L
Se Field.s
examin.tion by me laken leptr'lo .nd .part flom her I.id husband, ecknowledged 10 .nd befor-e
tarily and wilhouI .ny com pull ion, conttftinl, .ppreMnli.s>n, or fur of or from her seid hUlband.
WITNESS my hend and off:cial ...1 Ihi- I ~ 4"" d.y 01
And Ih. nld
S..
_ his wife, to me well ilnown and known t:> me to be
irnlrumenl, tod .ci<nowi~ed before me Illat I....y .xeculed Ihe um. for th. purposel
Luren~~ten Jackson Fields
Ihe individueli describecl In .nd who .....uled 1M fOfe<;lolng
wile of Ih. ..id ._
upon a s~p....rate ,nd priv8'.
me Ihal lhl executed l,id instrument freely and vo!u'1-
R.lI/m .Ie.:
,'II"I'i!!',
Fh~~,';...,e~ m'" ~1..t. Loan
.' "J. .,..'It i~. t-.,rc.,
,,' " J/ '-
:,,,~.~.. Fort Pieteel.~8
........ ~ ......; ,. r. l -_ ~
a: .':)\,,,,,"J . ~
"j:. '" to' ~-:
......... ~ ,..J-...
: f_" ~
.....; "..-
. .....-:-
Febru~
~.C t~~~
ery Public In .nd lor Ihe Stale of Florid.
Commili!on expll*1:
A, D. 19 63
.1 larg'
Aa>ed,'ion
113274-
../,'ILED ~NO REC~O~O
II'. _Oftitill RIco __'JOOK
196 3 FES J 0 PH 4: I 4
ROGER POITRAS. CLERK
S 1. l U C lEe 0 U H TY. fL 0 R \0 ~ . , IF "
~/~-
~tat of Florida at La~e
Notary Public. - -)( \es Apr;l 24. 1<)1)5
Mv commlsAS~~~r'<-ca~' Sur~ty Co, 01 N, 'f.
Bonded by '-' '
. . ' \ \ ' I II J I J , ; , j ~ J " .
, '" 't' ... """
....~..\......~ii.....:.vI ':. '.
, '~ " ~"c.. ,.., '. 0
c.., .' ~ ... , " ~
~.i.--:" /'-'-'
'-
'.
'.
F ~_\ ---
.. ''''..
... ,'. ......
........ '"
~ .!; ; ~ ~ " .;~>- .,...~
. '
:~
'.'1
"
t- . \.
":1-
.._J' '~
l'
<1' ,
, "
v
..-....:.~~~ ..=~
~ '..:"
.' .......,
.
.....c .\ ..
J
~
,0
0, . ~
" .
r
!~
)
o
. \
...
--v~ ~.;"O~-
- --- _..-
, '.
-- ----- ~~--...-'-~-=-~
. - . . - ..
-
. .~..,o ~-:::.--.:" -- ~
-..
~.