HomeMy WebLinkAbout1560
known to be the persons described in and who executed the foregoing instrument, and severally acknowledged the exe
cution thereof to be their free ael and deed as such officers for the uses and purposes therein mentioned; and that they
/lffixed thereto the offici/ll seal of said corporation~ and the said imtrument is the /let' and deed of said corporal.ion,
.. .' .,' ',' "", C . .
, s/lid county and statt!.' ,.' ,...... 'f
_---~./ .c:/ /';l /l (' f ~-:- ' "
~ ~./ c:;::x, Vd f f _ .-/ .--:.._:L1,...:LcJ._~:'
Notary Public, in and for State and Cou~ty :dJpres~irt /) <:.'
My Commis~ ion Expir~lltarl PubliC, State :cOf r'lDr,~ ()! L,JrP." (
My Comfll ss,on Exp~ps.;r..ov 3, 1)65 ' of')
Bonded by American Sy,r~ C~'. of N.,~. I
'. Ii. .... .. --0 Is
--- '. D-""'1
" ~:J'
~t,
o R.
b0,k
59 J,AH157
3. To pl.c. .nd COl'lllrwovtly kNp o;n the buUd1not now cw Iw..ftw aIfvo.. on I.l<ll.nd and on .11 aqul~nl .nd penon.lly cov.red by thll morlg'
.g.. wilh .11 pt.mlumt lhereon peld In lull, fire Insufanc. In the _I .......d policy fOf'i1\. In . lurn .pproved by Ih. MORTGAGEE. .nd windllorm
Inlur.,," In lho \IIu.1 .Iw.,d policy IQlm. In . wm 1PfJI'0'WlId by the MOltTGAGU. In weh comp.ny Ot COf1"~nl.. II lha MORTGAGEE may
dir<<l/ and .11 fit. and .....indI_ lnaur._ poIldea on any of Mid bulldingl, any Inl.,..I I"'r.ln Q' ~rt lhereof. In 1M .ggreg.I. lum lIor...i; or
In ",CHI the,eof. wll conlalt\ the _I Ilandard rnrIlllV" el'I1M Of audI other elau.. II Iht Morlgeg.. may requir.. INking Ih. 1.,11 und.r ..,d poJ~
cl... IIch and ~. pay.bl. to Mid MOllTGAGEE Mil. Inl.,..1 may 1ppHI, ...d each and .....ry luch policy Ih.1I be promptly UI:g...d .nd delivered '0
any held by I.1d MORTGAGEE II further IKVrlty to ..Id ~ dabl. and, not .... lhan I9n (to) dayt I" .dv.ne. of the .xpllltlon 01 IIch policy. 10 de-
IlvII 10 uld MORTGAGEE a r_w.t I"'reof. ~Ihet with.. rec.lpl fOf ,he premium of weh reM.....~IJ .nd lhare Ih.1I be no fire 0' .....indl.orm inlur.n,e
pl.ced on .ny of uld buildings, .ny Inlar"1 ther.ln cw pat1 t~"lOf. unl_ In the lorm and wilh the 1<<1 pay.bl. II afor.uld; .nd in Ihe lV.nl .ny lum
of mon.y btc_ payabl. under luch policy Of poIlc1.s wid MORTGAGEE IMII have the Oplion 10 rt<.lv. .nd .pply Ihe lama on .ccounl of .he indeb.ed,
noli lecured /ler.by Of to permit ...Id MORTGAGORS 10 r.eelv. and .... It cw MY pari Iher~1 lor orh.r purposel, wi.houl Ih"eb ( w.iving or I1l1PW'
Ing ."Iy equily. lien Of ,ighl under or by \(Irtue of ,hie morf9ag./ and In the .....nl wid MORTGAGORS Ih.1I lor .ny rellon hil 10 k..p Ihe ..id pr3miael 10
Inlured, or "II 10 dell"er promplly any 01 uld poliei., of Inlullnc. 10 laid MORTGAGEE. or f.iI promptly 10 pay fuily .ny premium .herefor or in any
re.pect f.i1 10 perform. diKherg.. ."acut.. .lIecl. comple". COlT-ply wllh and abide by Ihll cOlf.n.nl. or .n'l perl hareof. uid MORTGAGEE m.y pllCe .od
p.y for ",ch Insur.ne. or any part I"'reof withoul w.lvlng or alftctlng .ny oplion. lI.n. equity. or righl under or by virlu. of Ih'l Morlg.ge. and rho
fuil .mounl of .ech .nd .v..y lueh ~ym.nl Ih.1I be immedlalely due .nd pay.ble .nd lhall beer Inler..I from lha dal. lhareof unlil p.id .. rhe r.le 01
nine por cenlum par .nnum .nd logelher with luek In..r... .hall be lecvred by Ih. lI.n of I!'Iil morlgag..
4. To permll. commit or luff.. no Wille. Impairment or d.I..lolltlon of Slid p<oparty or any part thereol.
5. To pay all and Ilngular I'" COlli, ch4rg.. and .x.,....... Including . rllfOnlbl. .ltorneY:I fee .nd COlli of .bltr.CII of litle. Incurred or peid at
.ny lime by uld MORTGAGEE. beuuII or In lhe .v.nl of I'" "ilure on Ih. pari 01 Ihe said MORTGAGOR '0 duly. promptly .nd 'ully perform, dilch"\le
.xecute. .ffecl. complet.. comply with and .bid. by .ach and .v.ry the lllpulatlons. egr.emenh. ~ondlllonl. .nd cov.nenll of ..Id prominory nole and .hi.
morlg.g. .ny 0' .ither. .nd I.id CO"I. chtrgll .nd txpanMs. ..ch .nd .v.ry, lhall be lmmedi.I.ly du. .nd pay.ble; whethar or no' .her. ~ no.ice di>-
mond. .lIempl to colltct 0' luil pending; .nd Ih. fuil .mounl of IIch .nd .v.ry luch paymanl th.1I be.r inler..I from ..... d.I. Ihereof un.il p.id ., the
'ek of nine por cen'um per .nnum; and ail uid COlli. chergll .nd axpanHI incurred or paid. logolh.. wi.h luch inler..l. Ihiil be lecured by rhe lien of .h,.
morlg.g..
6. Thai (.) In Ih. .venl of .ny bteach of Ihll Mor'lieg. Of dehult on ,... ~rt of Ih. MORTGAGOR. Cf (b) In lhe .v.n' .ny of uid ,uml of money
her.ln r.ferred 10 be not promplly and fully paid within Ihirty (30) daYI nexl .lter the tam. I.v.raily become due .nd pay.bl.. withoul dem.nd or nOlice.
or (c) In the .v.nl IIch .nd .v.ry lhe Itlpul.t1ons. eg,..mlflll. condilionl and cove.,.n" of uid promluory n~. .nd Ihi. morlg.ge any or either ere no'
1uly, promplly .nd fully perform.d. d,lchergtd. uKUtad. effecled. compleled. compli.d wilh .nd .blded ....y. Ihen in eilher or .ny luch event Ihe uid .9'
greg.I. lum mentioned In uld prominory nol. than ram.lnlng unpaid. with int"'lt .'crued. .nd .11 mon.YI ..cured hereby. Ih.1I becoma due .nd p.y'
tble forthwith. or Ih....fter. .1 lhe op'ion 01 uid MORTGAGEE. II fully and compltt.ly II II .11 of Ihe ..id luml of money w... or.ginally ltipulated
10 be p.id on luch d.y, .nylhlng In "id promlllo<y nole Of In Ihll Mortgag. 10 the contrery notwithslanding; .nd thareupon or tt,er..fter .. the op.ion of
..id MORTGAGEE. wilhoul notic. or d.m.nd. lull al laVJ Ol III oqulty. IherefOf' or Ihare.lt.r begun. may be prol.culed II if .11 mon'YI lecured hereby
h.d m.tured prior 10 itl Inslilution.
7, Th.1 Ir. lhe evenl th.1 .1 lhe begInning of or .1 .ny lime pandlng .ny lull upon this Morlgag.. or 10 foreclolo It. or to reform iI, or to enforee
paymenl of any c1.iml horeunder. said MORTGAGEE Ih.1I .pply 10 Ihe Court h.vlng iurildiction .hereol for Ih. ,ppoinlmenl 01 . Receiver, luch Court .h.11
forthwi.h .ppoinl . receiv.r 01 uld fl'l()(lg.ged property ,II .nd Ilngullt. includ'ng .11 .nd I'ngul., Ih. income. profill, inu'l .nd revtnuel from wha.ever
louree derived, uch .nd evt,y of which. it being .xpreuly underllood, II her.by :'ftOrlg.ged II If lpocilic.lly lei for.h .nd delcri~d in Ihe grenting .nd
h.bendum c1aulel hareof. .nd lueh Receiver Ihall heve all the btO<ld and .ffectiv. lunc.ionl .nd pow..a in .nywile enlrulled by . Court to . Receiver, ."d
luch .ppointmenl Ih.1I be m.rl<l by luch Courl al .n .dmilled .quity .nd . "",II.. of abaolulI righl to "id MORTGAGEE. .nd wilhou' reference '0 Ihe
.dequacy or in.dequ.cy of Ih. v.lu. of the property morlg"lled or 10 the lolvency or inlolvency of uld MORTGAGOR or Ihe defe~d.nll, and Ih.1 .uch
renll. profitl. income. illuel .nd revenuel Ih.1I be .pplied by luch Recelv.r according 10 ,.... lien or eqully of uid MORTGAGEE .nd Ihe pr.clice of ."ch
Court.
8. To duly, promptly .nd fully porlorm. dilcharg.. axecule. .ffecl. complele. comply wilh tnd .bide by eech .nd every the 'tipul.'ionl. agreemenll.
conO,.ionl .nd coven. nIl in uid promiuory not. .nd Ihil morlg.g. 1.1 forrh.
9, That In Ih~ evenl the ownerlhlp c.f Ihe mortglged prlmilel. or .ny pari Ihereof, becom.. vtJ'ed in a perlon other Ihan the MORTGAGOR, .he
MORTGAGEE, '" luccenOrl .nd ."ignl, mlY. wilhou. notic. 10 Ihe MORTGAOR, d..1 wilh .uch lucc.nor or luccellor in ir,terut wi.h reference '0 Ini.
morlgage .nd .h. debl hereby lecured in 'h. urn. m.nner II wilh Mortg.gor withoul in .ny w.y vili.ting Of dllch.rglng Ih. MOrlg.gon' li.bili.y h..e-
undtr cr upOn the debt hereby ..e<:ured. ~ ....Ie of !h= p;",!-m:l:: hereby m~)jtgiv.d arId ItO f(.o(b~llan,. on th. pari of :he MORTGAGEE or itl 1'.Jccenor,
or .n;gnl 'nd no ed.nlion of the lime for .h, payme~t 01 Ihe debl hereby I.cured given by .h. MORTGAGEE or itl luccenon or anignl, .h.11 "pe,.te
10 r.I..... d..ch.rg4. modify ch.ng. 0' .ff.ct Iha original n.bility of lhe MORTGAGOR her. In. .ither in whol. or In p.rl.
10, It il lpecific.ny agreed .ha. lime II of 1M ellence of Ihll conlrect and th.1 no w.iv.. of .ny oblig.tion hereunder or of the oblig.tio" 'e-
cured hereby Ih.1I .. any lime there.fl.r be held to be a waive, 01 Ihe lerml hereof or of lhe in"rumenl .ecured herby,
11. In <lddlfion 10 Ine fOftgO:ng monthly payments of princ'pal and :nterel' required by the prominory note Jecurp.d hereby. mortg~gor (ovenar.h
and agrees to fJ.a.t to mortgag~e with each monthly payment an additional sum earimlted by mortga;,ee to be equal to 1/12 of the anl1ual (ost of the foll"'N-
iog:
A-All re.1 pro~erly tuel levied or ...eued .g.iolt Ihe above delcribed real e.).le,
\ \ ~ II I " j
B--PrCJllIU"TU on fire and windstorm insurance I' herein required to be carried on the improvements situate on the above dexn-ue.d prti;..
C-Premiums on such mortgage guaranty insurance IS mortgagee aha!l from time to time deem fit to carryon the loelt. '~'t~e-~e:r.e.Qilo. (!t<.?
Mortgagee shail from time to time notify mortgagor in writing of the amount due 6no payable hereunder and luch ,uiP'" ~h~:I.J4i~reyt'O.Q bir4't! end
p.y.ble on .he due d.le of Ihe nexl monthly paymenl and etch luccelliv. mon.h .here.her un:il mor'gagee Ihall nOlify rMrJiI~Q\>r of "'<t'P'lle In ~~
a'.~oU,nl. Such ,urn, .h.1I be .pplied by mortg.gee tow.rd the paymenl of real properly 'ues, insurance premium., .nd' ~t.g~~ B;'....nty/'f~~~,
p, emlums. . _ ~.-= 1;'. .
IN WITNESS WHERE;)f. Ihe ..id MORTGAGOR ha. hereunlo let hil h.nd and 1011 the d.~a fi .: ~', <..' ,~ ,};'.,,~
S.aled ,J>d d~1i ed~... ra, ,r... Inc.J fr.-',,- :.
/.-:::;' /. ' .', ". ' .' .'\. :
, (,/ , ,. . '," - . .' '., .~)
By . , ''8~.1l
(~al)
(Se.l)
At
STATE OF FLORIDA
COUNTY OF ST. LUCIE
I HEREBY CERTIFY. That on this
JJ~
~~
G
,A.D, 19~_,
day of
before me personally dppeared
its
C.
Crist
We
A.
Palmer
J.
/lnd
respectively
Palmer and
President !lnd
Crist, InC.
, II
its
Secret/lry
Florida
COrF>Oralion, to me
WITNESS my h/lnd /lnd oHici/l1 seal at Fort Pierce _
114(}~a
FILED :'J,;O ~ECeRDEO
It. ,_ JlliclaLlrer.orrl800K
r ,,. \
,_ f. ~.l"""'" \ ill.'... ~)
.. ""
'n.I""\, "'~J';'\ l t1
1- ".. I . i\ 10
f'Y1 ~', 'j!f
ROCER PO\li{A~,. ('l' :~:\
~ 1. L U C lEe 0 U :'H y, f I 0 1< I U ^
, .
, .
"
u
) ''It "
"]I .
c.~,' ~~ ~J~7 ~:i-;.~,>. ,:~~" .
. v ". ; ~ .. v
", ..........'. '" "...,) ','
"'" . . $ "..'"
III..",..:, .
, of
, .-1
"