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HomeMy WebLinkAbout0362 ~_~_'~7..7.. .~-.. ~~~~ ':-:~-:.~J: ::_~~-.:~ ~~~4'~.~_ ~~~:~.-~~..~~~~ ~~~.~_"'i ....I..;. "';.__.........:a.-......... ~-_..'.....-......-.-.. .....~~...~ I.'.' eo:<< 57 i~359 3. To pi&':, end conllnuoo...... k.... on thot Iwlldlnge now Of ......."., llfflH.. 01\ ..Id I,nd end OIl ,\I equlptNnl .nd potf1Ol\llly cO""fd by Ihh mongo ~. ...lIh ,II p'.mIVlllt In..-.o.. pAid In filiI, fn lnt:.lftnQ: In the _I Il.ndtrd pt>licy form. In a tvm appro".d by 'h. MORTGAC:EE. .nd windllo.m Inav'ln<:9 :n lhe v.~l 'Ionct.d policy fotm. In . aum ~~ by the ~TQAGU In auch ~ny or com~nl.. II .Ihe MORTGAGEE may di,ectl .nd 1\1 f:" ,nd' wlndalorm Inaur_ poIlcle1 on en~ ilf ~ ~'ildingl. ",'I "'.....1 1.....ln 0' pot,l lhe,eol. In Ihl '1XI"911' .um alor.uid or '" IllQU lhereol. ....11 conI,,,, lhe lIIIIa! .tend<<d ~ cl_ or .1ICh oth.t cl..,.. .. lhe MotI9'9'. m.y reqvi... m'~lng Ih, 10>> vnd.r soid pol~ cl". .ech end ,"ert. potYlble 10 Mid MOIlTOAGEE .. I.. "'..,... ,na, ~, tnd Heh end "",y .1ICh p('lIcy .hlll be promplly lu:gn.d Ind d,livered 10 Iny held by ..Id MORTGAGEf .. f~r _Ity 10 Mid ~ debt, ft. not .... INn I.n (10) dayt In Idvlnc. 01 1M Illplllllon of vlch ",,,,I icy, 10 d.. Ii"" 10 ..Id MORTGAGEE r r_w.1 IherlOf. to{,elhet ...lth . rec,lpt for lhe pr_I\Ir.\ of auch "",wIII .nd Ih.II LNlII be no lill 0' wind,IOrm In.urlnC' pllced on Iny uf MId b11l1dlngt. Iny Inl"..1 ther.ln Of pert IherlOf, "".... In the form .nd with lhe Iou ~y,bl.. .. .f."...ldl Ind In lhe .venl In)' Iur;) 01 money b.com.. pay.bIe III>der wch policy' of polk'" Mid MORTG.\G~E ....11 "'''' the option 10 ,ec.1ve Ind Ipply 1M .am. ('II Iccounl of 1M Ind. bled. ne.. .ecv,ed ha,.b~ 0( 10 potr",lt ..lei ,'AQIlTOAGOIlS 10 tIClIlv. ..-d 11M It 01 In,! IMrt thmof for olher pv'polel, wilhout IhO'rebt w.i~ing or imp.ir. Ing Iny llquity, lI.n or right vn<!<< Or by virtue of Ihl. ~I .!'ld In lhe ._.,1 ..ld.MoRlGA'GOIlS .h.1I fOl .ny r..ton 111110 k..p Ihl ..Id premll" 10 Inlured. 0( fill 10 d<-lIv.., promplly eny of Mid pollclet 01 Intvllnce to tlld MOIlTGAGEf. or fill promplly 10 PlY fully Iny p,emium Ih...lor or In "'y ,..ped fill 10 perform. diac"'rg.. u~... effed. ClOfriplet.. comply wllh and ablcle by Ihil co".nlnl, or "''1 perl heflol, ..;d MORTGAGEE may plac. and pay lor .veh IIIIUIlnc:. or Iny part tfwteof ...ilhout ....Ivlng or affecting any opllon. lien. .qui:y. or rlghl vntl". or by "I rIve of Ihll MO"gIl/e, Ind th. lu!1 amounl of Heh and IrVI<Y tvch pot y"*,,1 ~Il be lrnm.dil"ly ckJ. and paYlbl. end ..hlll b.., Inlorul from I'" dll. Ih...of vnlil pai>f al Ih. ,.Ie 01 nine potr cenlvm pili' anJl\jm Ind logelhar wllh ouch Inl"..1 ....11 be .ecvred by In. lien of Ihil mOrlg~', .4. To permll. commll or ...,ff... M w.... Impalrmenl Of d.I...IO(llion of ,,1:1 propotrty or .ny part lherlOf. .5. To pay all and ':llQular the COtlt, c"'rg" .nd "penN'. Including a ''''OMbl. InorMY" r.. Ind COI" 01 Ib.III"1 01 iii!.. Incvrred or paid al Iny lime by wid MORTGAGEE. bee.u.. 01 ,,, lhot .".nl 01 Ih. "lIvII on the ~rt 01 lha uld MORTGAGOR 10 duly. promplly Ind fully p.rlorm. d;lCha'ge. execul.. .ffect. com.".I.. comply wilh .net Ibid, by .lCh and '''.ry Ih. IlIputltlonl, ~..m.nl', conditio,,". Ind covenan.. of sold p,omillory nOlO and Ihil mOllgag. Iny or .Ithe,. and ..id COIl" chargel a...d ...,.met. ..ch and ''''''1. .h.1I be Imm.dlll,ly dv. and plyablll whelher or nol Ih..e be nolice de- mind. a!l.mpl 10 colJ.ct or .vil pendlngl end 1M filII amounl of ..ch and ....ry .veh lMym.nl Ihlll bear I"'er,,' from I~ dele Ihereof unlil PI';:! el Ihe ,.Ie of nine pot, cenlum per annvm, .nd III "Id COIlS. cM,g" Ind .xpotn'" Incurred or paid. log.lh.. wilh .vch Inll'lIl. .hall be .ecured by Ih. lien of Ihil mortglg.. 6. ThaI (I) In lhe .vent of Illy breec" of th'- Mortgage or c!.flull on IhI ~rt of lhe MOR,C::AGOR. or (b) In Ih, ".nl Iny of uid Ivmt 01 mone) Mllln "Ierred 10 be nOI promplly Ind fvlly ~Id wllh:n 'hlrly (30) d.y. n.xl Ihor Ih. urn. ",,0..11'1 become dv. Ind payabl.. wlthoul ~em.nd or nolice. 0' (c) In Ih. .".nl .I:h and overy lhe '1Ipullllon.. '9,......nlS. condillonl .nd cov.nlnl. of uid promluory nole and Inil morlgl9' Iny or eilher are nol :lvly. promplly .nd lully potrformed. d..u..,ged, ,ucUled. .ffected, compl'led, complied wilh Ind Ibided 'ey. Ihen In ellMr 01 Iny .uch ."enl Ih. ..id "g' gr~'I. .um menliOned In Mid proml..ory. nol. Ih.n r"".lnlng vnp.id. ...llh inllr..1 accrued. Ind III mon.y. .ecured Mreby, .hlll becomo duo .nd pay. Ibl. forlhwlth, 01 11>.".11." al !he oplionof 1.ld MOR~GAGEE, II fv:iy ond compl.I\ly .. il III 01 Ih. uid .um. of money were orioinally lfipuloted 10 be p.ld on .v:h day. anything In ..id promlMOry nol. or In Ihll Moitg,p" 10 Ih, conltllY nOlwilh.landlng; Ind lher.vpon or Ihere.her al Ihe oplion of ..;d MORTGAGEE. wlthovl noli" or c1e~nc!. IUlt al lew or In eqvily. lhe"lor. or Ih.r.llt.. begvn. mlY be prollcvled " if III mon.y. .ecured hereby hid mllv"d priOl 10 il. Il\Ililllllon. 7. lhll In Ih. '''1'1\1 Ihal al Ih. beginning of or at .ny 11m. pending any .vil~pon Ihi. Mo,lgag.. or 10 for.c1o.. il. or to rel~rm ii, or 10 .nlorc. pay,rnenl 01 any cleiml he"vnd.r. wid MORTGAGEE Ihlll apply 10 Ihe Court hiving juril<klion Ihereof fo, Ih& appoinlmlnl of I Recci~er, .uch CO'JrI .hall forlhwlth Ippoinl I ,&c. I"" of ..Id morlgaged propotrty all and .Ingvl... In(h..d,ng 1.11 Ind .inl/vlll lhe Income. profill, luuel end revenue I from ",halever lOur" d"i"ed, elch .nd .v.ry of which. II being .xpr...ly vnder'lood. I. Mreby mortglged .. if .pecilicelly leI forlh .nd dOlCrlbed in Ihe 9"nling and hlbendvm cllu.e. he,lOl. and luch Rec.lv.. .hall have .11 In. broad and .ffectl". fvnclion. and pow.rr In Inywi.. enlrvlfod by I Coull 10 a Receive" .nd .vch IppolnlMenl ,hili be mode by .uch Covrt II .n admln.d eqvlly Ind a ",lilt' of ab.oivle righl 10 "Id MORTGAGH, .nd wllhoul ref.rence 10 the Ideqv.cy 01 lnadequlcy of lhe value 01 1M property mortgll/ed or 10 lhe lohl.r.l:Y Of in.olv.ncy 01 uid MORTGAGOR or Ih. dof.ndanll, and thaI I~ch flnll, profil', Inco",.. l..vel .nd ,,"enu.. Ihlll be applied by .1ICh RlOIlver Iccording 10 Ih. lien or eqvily of ..id MO~TGAGEE ,nd Ihe pratlice of .uch Covrt , 8. To duly. prompl!y and fvlly potrform. dllCh"g.. exec'JI., .ffect. rompl.I.. comply wilh .nd Ibl:!. by IIch .nd ,".ry lha .Iipulelion., agreemenll. condilionl and cov_nt. in ..Id promlnory nol. .nd Ihlt mortgage ..I forlh. 9. Thai In lhe .".nl I:" ow"",,hlp of Ihe mortgaged prom I.... or any IMrt Ihareof, bec01M1 "..Ied In I pe'tOn olher Ihan Ih. MORTGAGC'R, If.. MORTGAGEE. Itl .ucc.nOl' .nd a..igna. may. wlthoul nolice 10 lhe MORTGAOR. d..1 wi:h luch 'uCCOUOl or .ucconOl in inle,ul with ,efc,ence 10 Ihil morlglge .nd lhe debl heroby ..cv,ed in lhe urn. manner II with Morlg.gor wilhoul In Iny way "ili.llng or di>eha,ging Iha MO,lgago,,' liabilily here- vnder 01 vpon Ih. debl ~IIby ":v,ed. No ..I. of Ih. pr.mllll hereby mortgllled Ind no lorbe....nca on Ih. parI of Ih. MORTGAGEE or il. .ueeeno" or Inignl and no ..xlenlio,., 01 lhe lime fo< lhe .,..ymenl 01 Ih. d.bl hereby .KV'&<! gi"ln by Ih, MORTGAGEE or ill luccallOIl or ."ignl. Ihall operato 10 rei..... dilChllg.. modify ching. Of .1Ik! l:lC or:ginal IIlbillly of lhe MORTGAGOR ...."in. ailher in who:, or in pa,1. 10. II I. Ipecific.lly ag,eed !hal 11m, I. of lhe ....nee 01 1...11 conlllct Ind Ihll no Wi I"" 01 any obllgalion hereund.. or 01 Ih. obligation 'e- cvred h...by .h.1I .1 any ilme Ih.....It.r be held 10 be a y,al"" of 1M I.rma hereof 01 of Ih. In"'vm.nl .ecured he,by. 11. In .ddilion 10 Ihe 100egoing monlh:y plymonll of princ:pII Ind Inl.'1I1 required by Ihe prominory nole .ecv,ed hereot. morlgagor covenonl. and agree. 10 PlY 10 morlglge. wilh IIch monlhly paym.nl on addilionll .vm e.limlled by morlgol/" 10 be equal 10 1/12 of Ih. .nnual co. I of Ihe follow- ing: A--AII real prope'ly laxe. lo"ied 01 I"e"ed llIaintl lhe Ibo". d..cribed rell e"lle. 8-Premiums on fire and wind.torm inlurlnce II hereir. required to be clrri~ on the improvemenh litvlte on the abo.we described premise._ C-P,emium. Oil Ivch morlgagl gvarlnly inlvllnce II mortglg.. .hlll Irom lim. 10 lime deem fil 10 corry on Ihe loan lecu,ed hereby. Mo,lg3gce .hall Irom li.n. 10 lim. nOlify mortgagor in wriling of lhe Imo,:~! d'~e and payable h~reun<fer and .ud. lum .h.1I Ih.reupon be due and payable on Ih. duo dale of Ih. n.xl monlhly ~y""nl .nd ..ch .vce...I". month lher...".r until mongagee Ihlll notily mortgagor of a change in luch .",ounl. Svch .uml .hall be applied by morlgage. loward lhe plymanl of r..1 pro~rly Ilxe., inlvranco premiurnl, and morl\1oge guaranly in.u,ance premiums. her.vnlo .el hil hand Ind .ell Ihe d"~f~~~ STATE OF flORIDA COUNTY OF St. Lucie S$. Befor. rTl9 potnonl!ly Ippeared . J AmA!'l F.. King and .T A A -'l i A B. Kin g hll wile, 10 mo well known and known 10 mo 10 be Ih. Indi"iduIII d..cribec! In end who .xecvled lho foregoing Insl,lImenl. end Icknowledl/ed before m. Ihll IMY lXecvl~d lhe ..m. 10' lhe f-urpo.el Ih...!n ...prnwd. And the ..1eL- .r e s s i e B _ K"i n g ",if. of 1M soid J sme s E. K i ng ~ upon a leparate Ind prl"at. exomirllion by m. lak.n "palll. and 'plrt from ..... "Id hVlband.. Idtnowl~ed 10 and ;"'10" m. Ihll .h. elleculed ..id Iml,umenl freely Ind "olun- larily and wilhoul any compvl.lon. conal,alnl, appr.hen.ion. or f.ar of or from he, ..Id hUlb~nd, WITNESS my hl:>d Ind officii I ...1 Ihll It;. ./1... dlY of A. D. 19~ , ,t' , .. 'I): I,. . ,\ ~ .....,\. C()I_,.'I ,..~,- '. ,. .......~."JS1Iit 'f~~~.~ad...1 ~~l~~'~~ , : -r ,\ P'tor't."P;,1;. -J: \\0 'ForI ~,erc.::k>r~. : '- ~ . .-. - : LJ :-: '. . ~ .' 'V' <.) :: ....:~.\~ PU~\...\ ./ .~;/ ".., y /.r<"- ..... .'" ,~~.~ .' .... ~ """'.....,.... ~'I'. 0 .............. ~ ,'::- " ,..~,.,~,.!", t"llt'~I~~\:~'~ ..' II Lorg. A...ocillion Notary Public, Stale of florida at lllrge . MY Commsson [y;.lIr~s I\pnl 24. 1 ~65 Bon:Jed by 1-.rr.erICiJl1 ::;urety Co. of N, y, 113379 fiLED AND RECORDED 1~~__OH.iclaLReconl. nOOK 1963 fES 21 PH 2: 44 ROGER POITRAS, CLERK _ J'~Jt ST. LUCIE COUNn. FLORIDA ~- .fi . ., ^"l'\,,,~ . "'. :./"...'~~ \ 0 ~i.....,..> .... . ........... . \,V . l, :.."" - .........' ,.-.': . .., ... .'. fi(~~>;} ',.~~: ,~.,'.: :4; -;. ..... ' . "- ..::',,0"') . .... <.., . " .'" /'".~,> ''';''i'' ....."'. I '1,/ . -.a # . . . I~'I". I.""" ,... o yO' ?'. . \ , (Seal) (Seal) (Seal) (Sell) ~~