HomeMy WebLinkAbout0195 ~ i . ~ . j
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To pl,o. «~d oontMw+owlr kNp on th~ aaldWp. eoM? or M.«fq. Nh,.M on ..1d I~nd «~a on ~U .qulpn~N .na p~nonalh oovK.d b~? +hi. awrp~
p~, whA ~1) p~miwM thKwn p~W in iull, fin inwtw~a in t!» wud ~I~ed~rd Polkp farR N• wm approwd by ~M MORiGAGEE. ~nd wind~torm
kawana in th~ wwl a~w~dwd Policl? (orn~, in ~ ~wn approwd b1? ~ MORT6AGEE, M wch oomp~nY or comP+nia a th~ MORTGAGEE nwy
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d'w~ctt and dl hn ~nd wind~wna iiwKana polkta on ~ny of ~aid build'w~py ~ny InNn~~ tl~udn a pwt tMr~ol, In tlw ~pprp~N swn ~fonwid a
In ~xc~ M~r~oi, ~11 camain tM uwal uw~d~rd nwrq+pN dww a wch aMr dauM a Nw lMorp+pN nwy nq~rv~. makMp ~h~ tas undK uid po1E
clM. e.ch ~+d .v.ry. Wrabl. a ~aid M4RTGAGEE a in in»nat may .ppw. snd .ach .nd .v.ry wd~ paic~l ~h.ll M P~~P~h ~9^~d .nd d.1iv...d ro
~ny Mld by said N10RTGAGEE a fwfh~r ka+rity b sNd mapp~ tMbt. ~?d. not I~u Myn Nn (1~ day~ in ~dvana oi ~h~ ~xpir~tio~ of ~sch pol~cy. to dr
IivN 10 ~aW AhORTGAGEE • ~~w~l IM?~of. wp~~ wNh ~ natp~ fa tM p~a~ium of wd~ ~a+nw~4 +~d ~+11 b~ no t'in o~ windttorm inpxu~t~
pland on ~ny of s~id buildinp~„ ~riy intKat tha~in ar pwt thKwf. w+las in th~ form ~nd wUh tM los~ p+yabb s~ ~ta~+aids ~nd M/h~ ~wn1 ~ny ~wn
of moMr b~canM pay~bl~ ur~ wch policy or polici~s said MORTGAGEE ~hall haw th~ opYan w ncaiw ~nd ~ppiy th~ sun~ on aaow?t of ~ indebt~d
Mts s~cwed F~~by o~ to pqmif said MORTGAGORS fo rtniw aad ua~ N w ~ny put therwf fw other purpos~s, withoul ~hereby waivi~p a unp+u-
~ 1^p +^y ~4uH1?. li~n a ri~ht w~da a by virtw of ~hb mo~q+p~~ ~nd in tM ~wo~ said MORTGAGORS sh+ll fa ~ny n~wn f~il ro ke~p tM said pnmises a
inwnd. a f•N a d.liv.. prompNy any of said polKi.s of Mawano. a sad MORTGAGEE, a f•tl prompNy a p.Y fuly My PfNniW11 tAttffW a in any
re~qct fail b pKfae~, diuhu~, ex~cute, ~fi~ct, oanpl~b, cornply with ~nd ~bid~ by tl~b oowmM, w~ny p+rt I+erwf. wid /MORTGAGEE n~y pl~c~ and
paY fw ~uch I~nurana or ~ny put thuwf witlwut w~ivNp or ~ff~ctinp ~ny optan, lirn, pvity, a ripht und~r w by vinw ot ~his Mortya~. and the
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fvll ~naw?t of tath and evKy wth paym~+?t ~~I b~ Nmwdiattly dw uid py+bl~ and ah~ll bear intKat from tM dab thtrwf until paid st IM ~aq ol
nim pK pntum pe~ arvwm and to9a~hK with wch interat aMll be ~ecurod by tl+~ li~n of Ihls nartp~.
1. To pKmit, sanndl or wffsr no wut~. 4npakmMt a d~tKiw~tion of s~id propKty w any p~rt tM+wf.
S. To pay ~11 and sinpula? fM cats, chupea and ~xpwa~~, includ'wp • n~ion+bb attornyr'~ fM and own of absu.cn of n~k, incwnd or~id n
aM? tinv by said MORTGAGEE, b~caw~ a M th~ ~wnt of ~M f~ilur~ on tlw put of ~h~ s~k! MORTGAGOR a duly. pramp~y and fu11y p~rforn~, d~upR ~:i .
~xecvt~. ~ffad. oompl~t~, oo~nply w~th and ab'~ by ~ach ud w~ry th~ stipul~tiaa, apr~nts, conditions, uid aowrren of s~id praniisory not~ and tha
mor~y+pe +nI? or eitAa. u~d s~id cosn~ chup~+ and ~xp~ues, ~acl~ ~nd ewry. shall b~ hwewdiat~ly dw and p~y~bMj wMtMr ot not tl~~ b~ nw~n dr
marw~, anempt ro oolket a wit p~ndin~: x?d tM full amow?t of ~aeh and rwry weh p+yen~t sA+ll b~u intKn~ han ~M da~~ rMrwf vntil p~id a~ tM
rats of nins pet ~cen~um per a~uwrnj and ~II a~id owN„ tharpes and exp~nses intwted w p~W, to~etM? with suth int~rat, ~MII b~ secv~~d by tM li~n of tha
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6. ifwt In ths ~vent of any brsach ot thia Mortpap~ or d~fault on tb p~N of th~ MORTGAGOR, or (b) in tM went +nY of wid wms of momy
Aer~ln nfKr~d ro b~ not promptly aed fuly p~id within tl~irty (30) d~y~ mx~ aftK th~ wn~ stverNly b~can~ du~ ~nd p~yaW~, witAout dsm+nd or nwia.
or (d In tM ~wnt ~~ch se~d ~very tlr stipulatioos, ~prNment~. ooediYaes ~nd cown+nta of uid promb~ory not~ and this map+~e ~ny w eitlw w nw
~uly. prompty ~nd fully pe~fwm~d, dcscFwyed, ~x~cvted, ~ffected, oompletad, compli~d with and abided by. tMn In eitha a~ny wch ~vant tM ~aid ~p
prep~t~ awn m~miand In said pronws~ory not~ then raewinL+p w~paid, with htaest aacrued. ~nd ~11 moe~ys wcwed her~by. ~hall bacom~ dw and WY~
~ fathwith„ a tlw~afta. ~t tM option of s+id MOItTGAGEE, as fvly and carnpl~hy a ff ~II of th~ aid wms oi :norwy wsn oriyin~lly stipul~ted
to b~ paid on svth day. ~nythieq In s+id promhsay rwN o~ in tl+b Mor~p+p~ 1o tM ea+trary notwitMtu~dln~r ~nd thawpon a thHe~hN at tM op~ion of
wM MORTGAGfE. wi~how nor'~ w d~rtwnd. wit at ~aw a h equity. Mu~fon or tl~eafier bs~w~, m~y b~ prowcvtd as ff NI ma~eys sewrd hsr~by
Md matvnd priot fo ifs inatiwtion.
7. That tn tM went tMt at th~ be~hninp of w~t any tim~ pendinp any wN upoe thb Mo.ty~p~, or to foroclw~ N, a 1o nfo?m It, w to ~nfaa
WY~ of ~r dNms Mrwnd~r. satd MORTGAGEE ~h+ll applp to tM Cowt havinp iurisdinio~ theraof for tlw appointmsnt of ~ Receiver, wch Cowt shall
forthwith ~Ppoint a iectiv~r of said mortQ~ged prop~rtr ~II ard sirq~lar, kKh~d~np atl and sirg~la~ tM irKOm~. profits, iuuea and nv~r?ves from wMt~ver
wwa d~rlvsd, ~ad~ and ~very of which. it beag ~xprosdy widerstood. ia hersbY morty+ped s if ~p~cificaly sN forth and d~wiF»d in tl» 9.an~inp u+d
Mb~ndwn claus~s hKaof, and wd~ Reaiva sh~ll Mw ~II tM broad ~nd eff~ctiw functioro and powen h ~nywis~ entnn~ed by a tourt ro,a Rauiwr, uid
wd+ ~ppointm~n~ sA~ll mad~ by sucA Ca,rt as an admittd aquiry and ~ m~ttw of absdvN igM w a~id MORTGAGEE, ~nd wirhout ~efersnce ro th~
ad~quacy o~ hwdeq~scy of tM valw of th~ propnty martp+p~d or w tM solwney a in~olv~ncy of ~ald /MORTGAGOR a tlw d~fend~n», and ~Mt wch
~~nn, profits, inoon», issues and rwawa sMll M~ppli~d by wd~ R~oeiv~r aooad'wg w th~ Ifen ar equity of uid MORTGAGEE ~nd tlw p?adia of wch
Court.
8. To duly. P~~P~Y u+d fulb PKienn. dt~char~, execut~. ~ffect, oompl~t~, aomplr with and ~bid~ by sid~ and ~wry tM stipu~+tio~u„ +CreMrw~n. ;
conditiom and aoverNnts in s~W promissory eote ~nd this matpp~ s~f forth.
9. Th~t te the went th~ own~nhip of Nw maqapad pnmba, a any put tl~~of, beaonns wsted in • perwo otlw than ths MORTGAGOR, tir
MORTGAGEE. Ns suaeuon +nd +ssip~a, may, without notia to tt+e MORTGAOR. dta) with wd~ suaasso~ a woceuo~ In in»rat with r~farena to thu ~
morty~ and /M debl hereby s~cvred irt tF~ sam~ nwrrrr a~ with Mwtpa~a witho~rt in ~ny way vltiatinp or diKharpinp tM Mortpapws' ttability hur
under or upon the debt hereby ~ed. No sd~ of tM premises herebY morty+p~d ~nd no forbwrana on rM put of tM MORTGAGEf a in woauo.s
w asigna and no eatanio~ of tM time fa the p~ym~nt of tM debt hu~by wa?red qiwn by th~ MORiGAGEE o? its woosssors or assipns, sh+ll op~wt~
b nl~s~, dixhirpe, n+odify ciwnp~ w~ffect tM oripin~l li~bility of the MORTGAGOR hartiA. ~ithK in whob a M part. _
10. It is sp~ciHully aprsed th~t tim~ 4 of th~ eswnu of this oootratt and that ro wNwr of any obliQation henw~de? w of th~ oblipation a~-
urnd hK~by slull at u~y tim~ thereaftK be heW to b~ ~ wsiv~r of tM t~rms h~rwf or of tM &atnrmm waind harby. r
~ 11. 1~ addition to the foregoing monthly p~ymenri of princ:psl u~d intaest requirad by ths promiuay note secvr~d hereby, mortgagor oov+n+nh ~
~ ~nd ayrees to pay ro mwtpagee wirh each monrhly paymsnf an addiria+al awn esrimared by mafyape~ ro b. eqwl to 1/12 of th. arwwsl cosr of ths fdbw-
A-All resl property tsxea levied a auessed ~gainst tM ~bove de~aibed real qtab.
8-Premiums on fim and windstorm irnuranc~ as herein raq~ind to be urried on tM improv~me~ri sitwh on tlN above desaibed p~ites. s
C-Praniums on wd~ mort9spe yuaranty inswanc~ u maty~ shsll from Yrn~ to tinw d~n fit fo carry on th~ b+n secwed har~by.
Mwt9agee shsll from tirM to twn~ ratify mortyapor in writiny of tM amount dw and pay~bb h~rew~J~r and such wm shall theraupon be dw and
payabl~ on ths due date of the next monthly psym~nt and ~sch s~rttsstiw month thereaha until mat9a~a~ sMll notify mortyapw of a cMnp~ in wd~
r,wunt. S~xh swos shall bs +pplied by mortpapee loward tht payment of real prop~rty taxa, &uvru~o~ prsmiuna, ~nd mortya~ ywranty imw+ea
premi~x~a.
1 RNESS WHE , the s+id AIIORTGAGOR h~s INrewno set his hand and seal tM day and first sforesa'
Se~ I' in th~•pres~no~ of:
4 5
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sTw~ oF a,ortiow ~
St . Luc ie
~ cour,rtr oF .
~~~h C e e i 1 S tLrru~ and
CLArgia SttLrru; ht. wtt., to m. w.~~ k~owe ,ea kiwwn w m. b b.
tM in~vidwb d~wib~d N~nd who ~z~arNd th~ far~po6p Matrum~eM, and ~ekno~wl~dp~d b~fon m~ thM slry ~x~ev~~d th~ sanr ior Hr purposes
Hw.ln .~.d. Md ~h. ~•id (`.r~er,gi A S a~rrun
wif. of th. satd upon . s.par.h .nd prt~r•a
~umindion bp nr tak~n ~r~» and apart fran h~r s~id 1w~b+nd, to and befon ~ M~N ~~x~ouhd wtd Mr~ruee~nt h»ly and voluo-
tarity ~nd without ~ny aanpulsiay oonstraiM, ~ w f~ar of or fran 1~ s~id Mwbaid.
WtTNESS nry Mnd and offiad ~wl thi~ l~-t,}3 d+Y of A. D. 19.~}._
Noary Publk fn and far th~ Suh of Horida N l~rpe
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f'~."' s.""'°` a`°'" ""°d'~°" - FILEO AND RECOR
P~. Np~ry Public. State of Florida at ~e
~ ~,{y Comm~ssion Expres AF»il 24. 1~55
?orr Plua. Ho?id. ~-~~Wj--f~~~j~~G~K ga~ed by America:l S{~le~l(~Co. ol.t~ff~l.~O~~''
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~~;,,,,;4~~,.;,;;, 1954 J~t~ 20 AM 10: I o t~: ;at~ori~:~
~ '~~t *s~ . d ~ ~t:!+.:. ~ • • . . - . . `r' =
~o~ r. ER PoirRAS. "
To = ~J~1• E .;~~.~~tOG CL FK : ~i~1.V
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~rn ~1~0~!~~;~
4~~;:~' tUCIE COUNTY. FLORtOA
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