HomeMy WebLinkAbout1523
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3, To piece .nd con'lnuov.ly ....p on lhe building. now or here.fter' .Jlvel. on uld IInd .nd..on ell equipment end penoneily covered by Ihi. morlg'
ege, with ell premium. lhereon paid in fvll, fir. lnourenc. in I'" VlU" .Iandlrd policy fOtm, In . .um epproved by th. MORIGAGEE, and wind,lorrn
lnour.nc. In lhe vouII ..enderd policy fOtm, In e .um .pproved by the MORTGAGEE, In .lKh comp.ny Of companl.. .. 'he MORTGAGEE m.y
direct; and ell fir. .nd wlnd.lorm 100vr.ne. pc-Ikl.. on eny of &&Id. bul!d;ng., an, Inl.r..1 Ihlreln or perl Ih.r~l, In Ih. .v~r.gat. .um II""euid or
In ."CI,.. Ih.r..,f, .hlll conl.ln lhe u.val IIlnd.rd mortg~.. c1av.. or .vch other clau.. e. lhe Morlg~.. may requir., mlklng the Ion under u,d poli'
ciea, each and .v.ry, peyeble 10 uld MORTGAGEE es ita Inl.,e.1 ma)' a~lr, end each end ."ery .uch po"cy .hall be promptly 1I..gned Ind delivered 10
Iny held by uk! MORTGAGEE aa fur' her .ecurily 10 ...Id morlglge d.bl, and, nol I... I"'n len (10) day. In a4vlnc. of lhe e"plrolion 01 .Ich policy, 10 de-
liver 10 u;d MORTGAGEE a r.n.w.1 Ihe,eof, log.lher w!lh a rec.ipl (or Ih. premium of .uch renew. I; and there .h.1I be no I". or wind'lorm in.ura_c.
placed on .ny 01 .aid bvllding.. any lnler." lher.in or perl lhereof. unl... In lhe lorm .nd wilh Ihe Ion Plyable a. aloreuid; and in Ihe evonl ar,y .um
01 money becomes Ply.bl. vnd.r .uch policy or polici.. uld MORTGAGEE .h.1I "'v. the oplion 10 ~t1ve and .pply lhe um. on accovnl 01 the indebt.e\-
nen ~ured hereby N 10 permil uld MORTGAGORS 10 re<:.lv. .nd u.. II 0( .ny plrt Ihereol 10' olher purpo,e., without Ih"r,'b, Wd'~''lg 0' ''''p...,
Ing .ny ~ui1y. Ii." or righl unde, w by "irtu. of Ihl. morlgag.l and In th. .venl laiC MORTGAGORS .hall for .ny re..on foil 10 "up the said premi,.. .0
in.vred. or loll 10 deliv.r promplly .0,( 01 uld policies of In.uranee 10 uld MORTGAGEE, or hil promplly 10 pay Iv Ill' eny pre,,'ium Iherelor or in any
r..pec) hil 10 perform, di"herge, e...ecut., elll<:l. complet., comply wilh and .bid. by Ihi. covenanl, or .ny porI h.reol, ..id MORTGAGEE may ple<e a'ld
p,y lor .uch In.ur.nc. or eny perl lhereol wilhoul weivlng or affecting .ny oplion, lI.n, ~x!IY, or righl under or by virlu. "I thi. Mortgage, .nd th.
lull Imount 01 eech end .very .""h paym.nl ....11 be immedill.ly due end payebl. .nd .h.1I bear Inl..e'l Irom lhe d.te thereol until p.id et the ..te 01
nine per cenlum per .nnvm .nd logether wilh .uch Inlere.t .holl be .<<ured by Ihe I~n of I~I. mortg.ge.
.4, To permil. commit Of .uff., no WI.I., Impeirmenl or d.1.rior.lloo of laid property or .ny pari thareof.
5. To pay .11 and slngvlar lhe C01h. charges .nd ....pen.... !ncludlng . r...onoblo ""OIney'. lee end co.t, of .b,'r.cls 01 title, Incurred or paid el
."y lime by uid MORTGAGEE, beeav.e or In I"" .v.nl 01 lhe I.ilure on 1M part of lhe uid MORTGAGOR 10 duly, promptly .nd lully ~rlo,m. dilch3rg.,
execvte, el!ect. complele, comply wilh .nd .bide; by u<:h and .vwry lhe .lIpvl.lion., agr.emen.., condilion., and cov.nanll 01 uid prominory nole end thi.
mOrlg~e eny or eilher, .nd uid co.~, ch.rges .nd ....p.n.... IIch end .,'.ry, .hell be Immedlet.ly dv. .nd pey.bl.; ",,'..ther or nol there be nolice de-
m.nd, ~ttempl 10 coll.n or .vil pending; .nd Ih. full .mounl of .ech end every .uch paymenl .hell be.r intere.t !rem Ih. d.to Ihereol unlil p.id al the
rate 01 nina per cenlum per .nnum; .nd .11 .eid coli.. cherg.. .nd e...pense. incurled or peid. logelh.r wilh .uch inl.re'l. ,h. II be locurod by th. lien 01 this
morlg.ge,
6. Th.1 (.) In 1M .v.nl of eny be.Kh of Ihl. Mortgage or d.1.ult on' the pert of lhe MORTGAGOR. or (b) In Ihe even I any 01 uid .vm. of mon.y
herein referred 10 be not promptly and lully peid within Ihirly (30) day. ......1 .".' Ih. ume sev.r.lly become due .nd payable, without demend or nOlic..
or (c) In )he evenl OIch .nd every lhe .lipur.llon., egr..m.nll, condition. .nd cov.nenll of ,.id prominory nole .nd this morlg.ge .ny or either ere nol
~uly. promplly end luily perlormed, dileh.rg..d, uKvled, off.:I.d, compl.ted, complied wilh .nd .bided ~y, then In .ither ot .ny .uch evenl'lh. uid og-
gregol. Ivm m.ntion.d In uld promiuOty nol. lhen r.m.lnlng vnpaid, wilh inlerc.1 .ccrved. end .11 money. .ecvred hereby, .h.1I become due .nd P"Y'
Ible fOrlhwilh, or lher..fter. .1 Ihe option of uid MORTGAGEE, .. lully .nd complel.ly .. II .11 of Ihe uid .um) 01 money were originally lIipulated
to be paid on such day, .nylhing In .aid promiuory nole or in thi. Morlg.g. 10 Ih. "'nlrary no",",thstonding; .nd ther.upon or lhereafter .1 Ih.. oplion 01
uid MORTGAGEE. withovt notico or dem.nd, .vll .1 I.w or in equity, Ih.r.for. or lhereaft.r begun, m.y be prC'leCvled .. il .11 money' ...cured hereby
hed malured proor 10 ill In.lilvlio..,.
7. Thai in Ihe evenl that II II,. beginning of or .1 .ny time pending eny .uil upon Ihis Mortg.g., 0' 10 fotecl<>>. II. or 10 relorm it, or 10 enlorce
poymenl 01 any claim. hereunder. uid MORTGAGEE .hall .pply 10 the Court hiving juri.diction thereof lor the appointment 01 e Receiver. such Covrt .h.1I
lorthwitn eppoinl . receiver of uld morlg.ged property .11 .nd lingular, !ncludlng .11 .nd .Inguler lhe income, prolit., inue. and revenue' Irom ....h.tever
.ource derived, each end ev.ry of which, it being ."';JrelSly vnd.ralood, I. hereby mortg.ged .. il ';>ecilically .el lorth .nd d'leribed in the granting and
habendum c1lu,e. hereof, .nd .uch Rec.iver ,h.1I hev. .11 Ihe b,,,,,d .nd effeclive Ivnction. .nd powe.. In enywi.e enlrulled b'( a Court 10 a Receiver. and
.uch appoinlment .hlll be mad. by .uch Courl .. .n .dmitted .qvily ~nd a meller 01 .b.olule righl 10 uid MORTGAGEE. end wilhout relerence 10 the
.deqvacy or inadeqvec- 01 Ih. v.lve of Ihe properly morlgl~ed or 10 Ihe .olvency or in.olvency of uid MORTGAGOR or Ihe defendanll, and Ihat .uch
renll, profil', incom., luu.s and rav.nve, .h.1I ba .pplied by .uch RKeivor .ccording 10 lhe Ii.n or equily 01 uid MORTGAGEE and Ihe prectic.. 01 luch
Covrt.
8. To duly, prompll)' end fully perform, di.charg., execule, .flect, complel., comply wilh .nd ebide by ..ach and every Ihe lIipulalion.. egreement.,
condition, .nd covenent. in uid promislO'y nola .nd .hi. morlg~e III forlh.
9. Thet in th. .v.nl lhe ownerahlp of lhe mortglged preml.... or .ny p.rt lhereol. becom... v"'led In . perlOn other Ihan Ihe MORTGAGOR, Ihe
MORTGAGEE, III .uccenot. and .nign., m.y, withoul notle. 10 Ih. MORTGAOR. c;..1 with .uch Ivcceno' or .uccenor In intere.t wilh relerence to Ihi.
motlgeg.. .nd Ihe dabl h.reby I",vred In lhe urn. m.nner e. with Morlgagor wilhout In .ny WIY vllialing or dilChargin\l Ihe MOrlgooo,,' liability her...
under or upon Ihe debl hereby o",vred. No tal. 01 lhe preml..s her.by morlg.ged .nd no forbelr.nce on th. pari 01 Ihe MORTGAGEE or its .uccenors
or ...ign. and no extenllon of Ihe time lor the p.ym.nl 01 Ih. deb' her.by .I<:vred given by Ih. MORTGAGEE or ill .uecenor. or ...ign.. ,h. II operale
10 rei..... dileharg., modify change or .ffect Ih. origln.1 li.bl/il)' 01 Ih. MORTGAGOR her.ln, .ilher in wholt or In perl.
10. It I. ,pecific.lly egr...d Ihll lil1l1l Ii of Ih. ....nc. of Ihi. contr.ct .nd Ihal no w.iv.r of eny ot.ligation her..vnder or 01 Ih~ obligalion ....
cured hereby .hall el an'1 lime there.ft.r be h.ld to be . Wllv.r of Ih. lerml herllOf ot 01 lhe lnolrum.nl ..cured herby.
11. in addition 10 lhe for~gojng monlhly peym.n" of princ:pel end Inlerell reqvired by Ihe prom:..ory nole secured hereby, morlgagor <ovenanl.
and .gree. 10 pay 10 mortgegee wilh e.ch monthly paymenl an eddilional .um ellim.ted by mortgegee 10 be equll 10 1/12 01 the ennual co.t 01 the lo:io.....-
ing:
A-All real properly la...e. levied or ...ened against Ihe ebove described real eotal.,
8-Premiums on fire and windstorm ir.aur.nce ., herein re-quired to be carrie-a on the improvements situate on the above described premises.
C-Premium. on such morlgage gvafanly In.ur.nc. .. mortgeg.. .h.1I Irom time 10 time deem fil 10 carryon Ihe loan .ecured hereby.
Morlgagee .hell from lime 10 time nOlify morlgagor in writing 01 Ih.. amovnl due and payab:e hereunder and .uch .um .hall therevpon be due and
payable on tho due dole of the ne,,1 rnonthly paymenl and each 'IK,e..ive monlh therealter unlii morlgagee .h.lI notify mortgagor of a char.ge in .uch
amount. Such .um. Ih.1I be epplied by mor!gegee loward Ihe paymenl of real properly "~e.. In.urence premivm.. and mortgage guaranly insurance
pr~01ium,.
h.revnlo III hi. h.nd end ...1
the d.y ."d ~. 1)-" eloreuid. _,
/.V s~ .
!:mil!f1:_. . , . ~ %: L
(Seel)
(Seel)
(Se.I)
~seal)
~TATE or FlOI/IDA
COUNTY OF
St. Lucie
5$,
Befor. me perlOnally e~ara4 Ernest L. HAp1 AT' ,""'" and
Margo M. Hepler hi. wil.,10 m. well "rx>wn ead Jr.oO~'~lo (..,'lobe
lhe individu.ls dalCribed In .nd who .xe,vled lhe for~olng instrvment. end .cknowledged before me Ihal lhey execvted th. ~~ffrr :'!~.wf.iii~~,
ther.ln ....pr...ed. A.-.d lhe lilt! Margo M. Hap} AT' ,/,~>." .... :'/ "
wif.oflhauld Ernest L. Hepler ~~".4~~"")nslpriv;,,'~~\
e...amination by me I....n ..parel. .nd eplrl from her I~ld hUlb.nd, .c"nowladgKl 10 .nd befo,. me thel .h. ....acvled uld 1~,u~Or Ir~ -.1Id ~olu.~ ~I ~
terily and without .ny compvl.ion. conl".lnl, .pprthen.,on. or lear of or from her ..id husband. ~ : \,' ,..." ' : ~ : .
WITNESS my hand .nd oHici.1 1..1 IkiLo 1 C; th d.y of lsf:;'" ~ :: I":' ' ~'9-' l<i.113.i ~ ; ,
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( :.?7-/. /1'....('../. .:~'I,'~/'" "..' ....'1' .:.',.j',
114060 NOIIlY Public In .~ lor lhe Sil!. of Flo';~.. 4:t ~~';'~" .><'.;:~l '
-' My Commluion ....Pl~tl.... PUb','c Sl I ":. ".. -' ...,'...,,.!';
'J .'. a e O('fIIteidB:IWL1l
~y Commission Expires NOli, ~ "l~t
no.led by Amencan Surety Co; ~ t(.y.
lieturn To:
Flrsl Fed".1 Savlngl & Loan
Of fori Pie"..
Fori Pie"., florida
Auociltion
FILED AND RECORDED
fI'
I. . OffidaI'Recorcl-. i~ 0 0 K
19&3 MAR I U PH I: 21
ROGER POITRAS. CLERK
Sf. LUCIE COUUTY, flORIO^
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