HomeMy WebLinkAbout0431 To pi~ «+d cauimwwly k«p on ~ Ou11dk~ now a Iw~aftK ~Mww on uld bnd w~d on ~11 ~N ~nd p~rwnall~l oovw~d by tM~ warq~
p~„ witi? ~II pn+ni~ny tlwaon paid in fut1, fh in~waoa h tM u~wl standard Po1kY (~on~, M• awi+ approwd by M~ MORiGAGE~, ~ed wfnd~rorm ~
Yrw~na in th~ wwl st~nd~rd polic~r forn~, M•~wn ~pprov~d b~? tlw MOR?<3AGEE. M~ wch canP+ny o~ compMip M~ MORTGAGEE n»y
d'u~c?j ~nd dl fk~ ~nd wM~d~anN Mrw~na pol{ciN on ~n~? of s~W buiWw~p~„ w+~r inNn~t thK~h a p~rt Nwnof. M th~ spprpaa wm ~1or~aald a
In uccau tMrwl. ~!1 cont~in th~ ww! sra~dard nwrppN daw~ a svch aMr dauw as NN Mortya~w n~aY h4~?k~. m+kinY tM Iw~ w?dM uid po1F
c~. Nch and ~wry. p~r~bN a wW MORtG/?GEE a in iM~nu ~nay ~Pw+~. «id Nd? and .wnr wd+ policy ~MII b~ P~P~hr +~:pmd u~d d~tiwnd a
+n~ Mld by wtd MORiGAGEE a furtM? aw.i~y a ~ad ~orqaQ~ d~W. and. eot Ns~ 1Mn t~n (1W days in ~dvana of tM ~~~tion ol ~ach Paktl. a d~
livu b ~aW MORTGAGEE ~~~w~l tMrwf. to~th~r with ~ npipt M? tM premiwn oi wcA ~~walj ~nd tMn ~MII b~ oo fin o~ wind~tam inw~«+u -
p~aad on any of uW b~rtWinp~, ~ny inr«~ tF~~in a p~A tMaof. w+lea in t!~ fam ~nd witA tM bu p~y~bl~ ~s dor~saWr ~nd h the ~wn! ~ny ~wn
of n~wwy b~caata p~yabl~ w~Ja wd~ policy a policiN aW MORTGAGEE sMll hsw th~ optbn w ncNw and ~pply 1M wn~ on account of 1M Md~bad-
ntat s~cvhd iwnby or Io pKmit s~id MORTGAGORS M nt~iw w~d u~ it or ~ny pu1 Ih~rwf fo? o~Ae~ pwposts, wi~hout ~haeb~ waivi~.~ a impair• '
~W +~Y ~W?~1?. IiM a ripht undK a by vi.tw of tl~ mortya~el and Jn fi» ~wnt sa;d AAORTWIGORS ~h+ll tor any n~wn fdl w kKp tM aW premise~ w
inwree4, w fail to dNIvK pron?pdy ~ny of said politip d inaurano~ b s~id MORTGAGEE, a fail promptly to p~r tuily any pr~miwe ti~~fa a in ~ny
respect f~il b pa(an~, d'isch~r~. ~:~cvt~. ~ff~ct. comPl~». comply wlth ~nd ~bid~ by this eoweanr. w anY Pa~t Mnof. ukl MOR?GAGEE msy pl~t~ ~nd
WY for sud+ in~wane~ w ~r?y parl tMrwf w~~how w~ivinp w aff~etag +M? aP~an. ~i~n. pvib, a iphl unebr a by vktw of this Mortqa~, and ~M
fvll ~mounl of ~ath and ~vtry wth payment ahall b~ in~rtwdlaMly dw ~nd p~y~bl~ u+d aFyll bea? hMtpl f~om iM daq iMtwf ~x?lil p~id a~ rM raN of
nim pK cyntwo per an~wm and tope~ha~ wifh wch a~terest i?~sll b~ Hn,nd by tM I'»n af this mortq~. .
4. ~o pamit, cann~it a wH~r no wast~. LnP+imm~t a d~tKiora~lon of s~id propKty w~ny pat thKwf. .
S. To pay sll and si~gvlar th~ cwts, chuqa ~nd ~xp~nss~, includinp ~~eason~bb ~namy's fN ~nd aab of ~btrac» of t{tl~. M+cvrred a paid
~ny tims by ~id MORTGAGEE, beeaus~ a in tM ~wnt of tM f~ihx~ on tM put of tl+r a~id MORTGAGOR p duly. proenptly ~nd tully pKforn~, di~charp~
ex~cvt~. ~ifM, complN~. complY w;th and abid~ b~r ~ach uid wery tM s~ipulat~om, prNma?ts, cq?ditiora„ ~nd oOwMnb pf 1~id prpnissory noq anti thb '
n+o~t9W~ ~ny o~ ~itha. and ~aid eosts, ehuQes ~nd ~xpsen~s. ~aeh ~nd ~vKy. ~MII b~ in+m~diat~ly dw Md p~yabl~t wMN~ a not tha~~ b~ notia dr
m~nd, an~mpl to colkct or wit pendioy= ud tM full amount of e~ch and ~y auch paymen~ ahall b~a. intsr~l fran M~ dat~ th~rwf w~til paid at tM ; -
ratt of nine per ccntum ps~ ~onwn; aod all said cosn, chu~ and expx?ses iecwnd or paid. wp~d~ with wch intw~st. ~MII b~ acv~~d by tM IiN+ of thi~
i ~
6. iA~t (a) in tiw ~veet of u~y brs~ch oi tl+h Mortyapi w d~Fault on Nr put of th~ MORTGAGOR, or (b) in tlr wrnt ~ny of uid wms of
Mr~in r~ferred to b~ ewl pranptly Md fully p~id wi~hin ~hirty (3p) days nex~ afra~ tM am. s~vaally b~conw dw and p~YaW~. wi~how dun~nd o~ i-
or W in th~ ~venf ~ach u~d every ths stipulations. ~reemenn. oonditions ~nd cown~nta of sa~d p?omii~ory nor~ ~nd th;s morrppe any o~ ~itht~ an no1 ~
~+~Y. P~~WM and fuUy paformed. d+schuped, ex~cuted, ~ffacted, comPl~ted, compli~d with and ~bided ~y, then in ~itMr a~ny such ~wM tM s+id ao-
yrt9~q swn msatlon~d in ssid promiuory oo~~ then ran~?^i^p unP+id. with imer~s~ aarued, and all maMys s~cw~d MrtbY. sMll becan~ dw ud pap }
abl~ forthvritiy or thereaher. N ths optan of said MORTCsAGEE, a iv!!y and complNely p H ~ll af t!» wid sara of ~y wen «g~na~y stipul~ted
to be paid on wch day. anything in s+id promissay not~ or in tha Mottg~ ro th~ contrary iw~witFatandinp• and tMrwpon or th~naha at tM opYan of
said MORTGAGEE, wirhout ~oric~ w dere~nd, wit at law w te pvity. ~her~fon w thereahaf b~un, may b~ proacuted u if all enoeeya sscw~d Mr~by
!ud nwtwed pwr fo ils institufion.
7. Th~~ in tM wer?t tl?~t a~ ~hs beyi~u+inq of or ~t any time pendinq ~ny wh upon tha Morty~, a to fweclos~ N, w fo ntorm It, w to ~nioro~
p+yment of aey daims hereunder. s~id MORTGAGEE shsll apply ro th~ Ca,n Mvinp jwisd'K~an th~reof fw IM ~ppoio~menf ot ~ R~ceiver, wch Cowt shall
fwthwith appoiM a recsive~ of aaid mortysped property all and siigula, inchdy+y all and sirgular th~ incom~, profits, ksws and r~wnws f~om wh~t~wr ~
sowa derived. Nch and ~very of which, it beinp ~xprealy underitood, is hereby mort~ped a if specifiullr sN forth ~nd dew~ed in th~ 9r~ntinp ~nd ~
habandwn clws~s herwf, and such Receive~ shall Mw ~11 tM brod and eft~ctiw func~~ons and powai In ~nyrv'a~ ~r?trust*d by ~ Cour1 ro~ RaeeivN, aed
such +PPoin~meM sh~ll b~ made by such Cowt p an ~dmi»~d equity u~d a m~tta~ of ~bsdun ripht b said MORTGACsEE, and withow ~efera~c~ to th~ ~
+dequxy a 4Ndequacy of tM v~lw of the qoperty enortp~yed or to the soNency a insolv~ncy o~ uid MORTGAGOR w ti~e def~ndant~, and tlwt wch
.ents. profits, Lrcona, iuues ~nd revenues sh~ll be sppli~d by such Receiver koo?dinp to tM lisn or equity of said MORTGAGEE and ~h~ practia of such
Court.
8. To duly. promptly ae~d fulhr Perform. disdwrya, ~:scute. ~ffect, aanP~at~, con+pty with and ~bid~ by ~ad~ ~nd ev~ry tM stipubtio~s„ ~
co~ditiora and aovs~w~» in aa;d promiuory r~w~ ar?d this mortpap~ set forth. pr«nNnts.
9. Th~~ in th~ weet ths own~?ship of ths mo~ty~ed pnmises, a ~ny put thenof, beoomes wsted in ~ paaoo ofl+u thao th~ MORTGAGOR. th~ i
MORTGAGEE, In ~?ccesson and asigns. m~y. without notice to the MORTGAOR, deal with tvch wccessw or wccessor ;n ;etKest with nfere~w ro Mis
mo.tyay~ ~nd rh~ debt hereby sacured in fhe ssine manr~er u witb Mortp~or wirlwu+ in ~ny war vitiHi?g w dxharpiny tt» Morlpyors' Iiability I~r
under or upon the deW Aer~by secured. No ule of tM premises he.eby mortpa9ed and nu forbeuano~ on th~ puf of tln MORTGAGEE a ia urccsswrs
or auigns uid no eatension of r6e time for thr p~yment of tM debt hereby ~ecured ~iven by th~ MpRTGAGEE a iq sucusson or
~o r~leass, modi wipm. shall op~r~t~ .
difclw9s• fy cMnpe a ~ffect IM wipin~l liability of the M4RTGI?~s~it irnin, ~imat in wiwia a in ~ri. i
10. It is specifically sgreed th~t tirns is of the essence of this cwur~ct and thst oo w~iwr of any oblipaYwn h~rwnder a of th~ oblip~tion s~-
cwad haeby ahatt ~t any time thereafter bs held to b~ a waiver of the t~rms hereoi a o( tM instrwn~nt ~scvrsd htrby.
11. In add"+tioa to the toregoing monthly paymeny of princ'pal and inte.est requiaed by tF~ p~om;ssory not* secured hereby, mortyagor eoveeynts
and syrees to p~y to mortyagee with each moathlY payment an additional sum estima~sd by matysg~e to bs eqwl to 1/12 of the arr~wl cost of th~ fdlow-
_ t . .
~
A-All real property t~xes kvied or asseased agairot the above desc~ibed real ~stats.
8-Aremiwas on ti.e and windstwm inxrr~r.ce as hersin requved to b~ urried on tM improv~nb sitwt~ on th~ abpv~ dypibed pn~ses, -
C-Premiums on such mort9age 9wranty inswuKO as mortgayee iMll from twne to time deam fit to t.ury o~ the ban ~ecw~d h~r~by. 3
Mortysyes shall from time to time notify matgayor in writ~np of ths uno~nf due N+d payabb Iwrew~da and ~uch wm ah~tl tha~upon 6~ du~ ~nd
paYable on the due date of the nezt monthlY paYment and eacl~ succeuiw mon~h theresher until mort~ap~e ~hall notity mort~por of • chug~ in wd~ ~
amount. Such sans ~hall be applied by mortg~yes towird the p~yment of r~sl property t~x~s, inswana~ pemiums, and i'
matyspe puaunN imuwnc~
p~emhwns. ~ .
IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hsnd u~d teal the d~y and • fIM ~forq~id, i~
Stale~ and delive~~tn th~ pres~nce of: i y~/
t ~ / :r ~ ~ y
,I~ ~
r
4
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STATE OF FLORIDA • i 1
cour~mr oF _ St. Lucie 7
eef,n m. P.na,.~ti ,ppe.,.d James L~ Cubbedge ~ ~
~ettv G. Cubbedge ~ „ ~ k„~,~, ~ k„~ „ ~ ~ ~ ;
th~ kd'ividwb desu~d In and who ~x~cutd th~ fanyoinp instrunwnt. ~nd aduawl~d b~fon m~ Mat NMy ex~wtd fM saa~ fa th~ purpwN t
~+.,.r, .~..d, ~e I3etty G. Cubbedge
„~i. ~ ff,. „a James L. Cabbe ~e ~
upon . ..P..m .na pri~?.+. ~
examin~tion sy m~ tak~n wp~rats ~nd ~p~r~ from Fw wid Iwsband, ack~wwl~dp~d w and b~fon nM Nwe sM ~x~cut~d safd Yrtn~nwM frNly and volurr ;
q?ily ~nd witlwvl ~nY oomp~dsion, oonttwint, +PPnlwaion. 4r f~ar of or from 1~ sa(d husb~nd.
VYITNESS nry Fw~d ~nd officiat seal tht. 2! _ d+Y ~ A: D. 19~_
.
.t (
Notary hblk b ~nd fat th~ Sat~ of f1oAd~ ~t 4r~
l~~wn. Ta • M~ Cannission ~xpir+a _ i
Arq F~a) 3wMps L lo~n As~oc1•tioe ``~~~;~:::~:~rr•trf
Of-Fort Pisrw. ~ - • ~ {L( f~~'!'•.
Notary Pub1'~c, State oi Flaida at Largp • 1 ~
Fon Pwrc.. Flwtd. 12~9'7 My Commission Expires March 11, 1966
' Bonded b1? M?erican Surety Co. of N. Y. =
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