HomeMy WebLinkAbout0545 To pl~a ~nd ca+tMwowly kMP on th~ buildi~ now a Iw«itK ~Nwq on ~aW I~nd and on ~~qulpmMa and pK+oMIN cov~~d b1? M~M e+aro'
~p~, with dl pr~eniwn~ tMrwn pafd N fv14 fin M+wr~na in tM wwl Nwdard Potk11 1an?, N~ w+~ ~pprovad b~r IM MORTGAGEE. ~nd wind~rorm +
~ Mwx~na b tM w~al ~t~rd policy ionN, In •~wn ~pprov~A M? tM MORTQAGEE~ M+ wd~ oomP+nY o~ oomp~ni~ a~ rM MORTGAGEE may .
1 dindt +nd ~tl tin ~nd wind~toas Mrw~na policiM on any of NW bulWinp~„ any MlMtat th~.~ a part tM~wl. In tM app~p~N w~n ~fae~aid a ,
~ In ~zas~ tMrwf. ~MII conqin th~ uswl st~ndard matp~ daw~ a wch ahK c1au~ a tM Matp+pN ~n+Y nquw~. n~+~lnp th~ low w~d~r a~id polF
~ de~. ~+ch and wKy. WY+bb b Nld MOR?GACsEE ~s i1s Intntu n~r ~pp~a. and Nch ~nd wNy wd~ po1ic11 dwU b~ promplhl a~:W»J ~nd d~liva~d ro
a~y Mld by wW MORTGAGEE a funhM s~cwity to ~aid mortp~p~ d~W. aod. nw 1~ thu? tN+ t10) d~y~ N advanu of th~ ~:pirNion of ~ad~ Polkll. to dr , !
livK 1o wkl NWkTGAGEE a r~wd tMrwf. topttMr wfih • naipl fa th~ pNniwn of wch nntwak and tlwn ~!1 b~ oo f'ut a wtnds~am imwana
' plaad on w~y of uW buildinp~, any 1ntK~ tMnin o~ p~t tlweof. unl~u In th~ fonn ~nd with Ih~ las p~Y~bb a~tor~widj ~nd in tM ~wro ~ny wm ~
~ of mon~y baon»s p~yabi~ w~de~ wd~ polkY or polici~s s~W MORTGAGEE sMll h~w ~M op~an ~o naiw and ~pply tM ~wn~ on ~aount of tM ind~bt~
; n~s~ waud Iw~eby a w purtut said MORTGAGORS to rscciw and u~ U a ~ny put tlx~wf for otM? pwposeb witiqut Mareb~ waivitg or impair-
j Inp ~ny pui~y, IiM o~ riph~ w~dn a by vktw d this eart~a~~ and in tlw ~wnt s~id MORTGAGORS ~MII fa ~ny nawn fatl b ke~p th~ s+id pr~mise~ a
~ hwnd, a fatl to delive~ promp~h any of wid polici~s of inswana ro said MORTGAGEE, or f~U promptly to p+y futly any pr~miwn tl~elo~ a in any .
nsp~ct fail b perfa.n, dschu~. ~x~cvt~. ~H~ct. aon?P~~~~, comPN with and ~pid~ by this cow++ant, a any pan Iwrwf, aW MORTGAGEE may pl~c~ and
~ pay fa~ wch kuwanc~ a any put tMi~of"witKout w~tvinp w dfatkp am option, Iwn, puity. o~ ripht undK a by virtw of this Matysp~. ~nd tM , ~
~ full Mnount of ~ad+ ~rd wKy wch p+ymM1 sh+ll b~ iinmdiately dw and p~y+bl~ and sMll bsu htKat irom tM daq therwf v~tit paid at tM a» of
~rrN pa pehim pK anrwm and topether with wch intKeit aMll b~ secvted by tM lien of this mortp+~~. ~
1. To pKmit, oommit w suffu no wub, impairmee?t or dNKior~tion of aid propeny or any put thenof.
~ S, To pay all aed skgular th~ costs, ch+r~ss and ~xp~nses. includinp • nasa++bb ananey's fM and own of absh~c~a of titte. M+cwr~d a paW ~f :
~ny tirn~ by said MORTGAGEE, buus~ a in th~ ~wet of tM f~ilw~ on th~ pan of ~M said MORTGAGOR a duly. pomptly uid fuly perfwm, di~cMr~
~ ~~ecvt~. ~ff~st. canpl~ts, comply with uid abid~ by ~+th ~d wtry tl+~ stipulatia», ayreamenq, oarlitian, ~nd oownanq of s~ld promiswry t~w~ and tlw
! mortp+~ aryr a ~ithn. and s+~d oosls. ctir9a ~nd ~xpenses, ~ach ~nd twry. ~MII b~ inrnedi~tsly dw u~d pay~bNj whedwr a not thK~ b~ ewtio~ d?
j nw~d, atl~mpl to co11ec1 or wit pendinpj and tM full ~nt of e+th and awry wd~ paYment aMll b~ar intant from tM d~N thereof until p~id ~t tlr
~ rate of nins pe~ centwn per ~nnum: +nd all said oos~~, charp~s ~nd exp~nses inar?red a paid, top~~he~ with such Intaesb ah~ll b~ s~cvr~d by th~ lieo of tha
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i 6. ihN W in th~ wint of any bnad+ of tlQs N~wt9+p~ o? default on th~ put of tM MORTGAGOR. or (b) In th~ rwnt any of w~d •wns of mon~y i
~ Mnin r.f.rr.d ro be ea p.omP?y and fvlly p~W w~~htn ~h~rry (30) d.ys n~xt a8a t!w sam~ avK~lly bacan~ dut and p~y~bl~. wlthov~ d~mand or notiu. ,
o~ W tn ~h~ ~wnt ~ad~ ~nd every tM uipulatiaa, apr~em~on, ca+ditian and oown~?n of said pranissory not~ ~rd this mortpap~ any w~itha ~n nw
I ~h. P~~^WN and fully pKfwm~d, d~achuped. ~xecuted, eff~ctad. comPbt~d. ~omplisd with and abidad ry. tMn N ~itlwr or ~ny svch w~nt ~M said a~
i prep+b wm mentioned in utd promissay na~ tMn nm+ininp unP+Id. with internt ~aawd. and all moiwys wcw~d hereby, sh~ll beaan~ dw ~nd Wri
~ ~bb fonhwtth, a theresftar, at tM optan of ~aid MORTGAGEE, ~s fully and oompl~tely a~ if all ot tFr wW sums of mon~y wen aqinaly stipul~ted
to b~ p~;d p~ wch d~y. ~nythinp in said promissay note w in thh Matp~ to tM contruy non~ritMt~nd'u~pt and tAK~upon a ther~ah~r ~t th~ op~ion of
uid 1MORTCaAGEE, withow notic~ w d~m+ed, wit at law or in pviry, MNr~fa~ a~ thereafter bpun, m~Y b~ pros~cuted n if all mom~rs wax~d hueby
Aad rn~tured prqr ro ib irotitutioo.
7. ih~t tn tM event N+at at tM ba9inninp of or ~t ~ny time pendinp airyl wit ~Kwn thh Mortpay~ a w fareclw~ N, a to nfwm It, a ro a+fwa
p~ynwm of any dalms herwnd~?. wid MORTGJ?GEE shall spply w ths Caxt h~vinp iurisdiaioe thKeof fo~ th~ +ppointrna~t of a R~uiwr, svch Cowt sMll
fwthwith ~t s r+csiver of uld morp+Qed prop*rty sl! and tirgul+r, Includug all and sYgulu th~ inoonw profi», iswta u~d ~~vsnues fran wh~ttver
tourc~ duived. ~acA ~nd ~very of wh7d?. it beiny txpressly w~den~ood, is herebY mwtyped as if spaifiully sN forth and d~svibed h tM pranttnp and
~ Mbsnd~Hn da~nu heraof, and wch Receiver sMll haw ~II tM bro~d ~nd effectiw fw~ctiax ~nd powaa h snywis~ en~rvsted by ~ Cowt to ~ Receive~, and
- wch ~ppoin~m~nt ~halt be m+de by wch Cowt as an admltted equitp ~nd a m+~tu of absdut~ ripht b a~id MORTGAGEE, ~nd withouf nfennc~ a th~
S adpwq or in~dequ~cy oi th~ valu~ of tM propKty matp+p~d o~ to the ~o1vMCY or ~nsolvMCY of ~aid MORTGAGOR w tM defer~dsnt~„ ~nd thst wch
renn, profin, inca~w, bsues and nvenuss thall b~ ~ppUad by wcfi Rnaiva aooordin~ to tM Wn a puity of wid MORTGAGEE and tM practia of wd~
Co~xf.
a ro duy. w'~^~wh •~a fi+~h vw~• ~ro~• •x~a,t•. .H.a, oonwkt•. oomplr wirh ana .bia. by ..d, and .w.y th. arspula~iom, .pn.men+s,
oo~tioro and aownants in s~id promissoty nof~ and this mortysp~ set iorth.
9. That h th~ ~wnt th~ o~wnKShip of tM morfpaped prNnna, w+nY W?t thKwf, b~oonNS ws»d ln • person orlwr than th~ MORTGAGOR. th~
MpRTGAGEE. In svocesso.s +nd assgns, nwy. withow eaiu to rh~ MORTGAOR, d~al with wch wouuor w waessor in inter.st with nfaerK. a ~his
~ mort~ and the deW hereby Noured In th~ sam~ m~nrw as with Mort~apor withow ln any way vitiatiwg or ~schar9kg th~ lNort~+pas" ILbility Mrr
i w~der w upa~ tM deb~ hereby waind. No s~l~ of th~ pnmi~s herebY mort~+~d ~nd no forbwwna on th~ put of tM MORTGAGEE w its waeston
~ or assipM +nd no exteinion of th~ time fa th~ p+ymem of tIK debt hareby secvred pivee by th~ MORTGIIGEE w its wcoesson w ~ssiyns, slull opaai~
b reNa~ d~sd~+?~e. modih chanp~ w affM th~ yripio~l..li~bility of tM MORTGAGOR !?K~in,. ~ithK in wlwb or in p~rt.
~ • 10. h b spscifically apned tMt tim~ t~
of ths ess~no~ of this contr+ct and th~t no waiwr of arry oblgatioe Mr~ww~ ar of tl» oblipation s~-
prnd Mnby sh~ll at ~rqr tiem ~lwre~hK b~ held to b~ a waiver of the tKms herwf or of th~ &ntrwmnt secured hKby.
j I1. In addition to the fae~oinp monthly psyminh of princ:psl and hterest requi~ed bp 1M promiswry oore secw~d h~reby, mortyagor coven+nts
~ and a~rea to pay to mortyaye~ with exh moothlY pa_ymsnt ~n additional sum estimated by mortya~ee to b~ ~qwl to 1/12 of ths anrwal cott of tM fdlow-
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A-All real property ts:as levied 6r assessed sgaimt tl+e sbw~ desuibed re~l estaro.
. i 6-Premiums on fir~ ~nd win~tam inswana as hKein requir~d to b~ curied on the improv~nwnb sitwb on tM abov~ dsaer~ed p~«nis~s.
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C-Premiums on wd~ mwty+ps yuuanty imwance as mortg+yca ahall from tirr~ to tim~_d~s+n fit ro tarry on the loan Ncw~d:hKeby.
t ~ 4Aorqagae shall from tims to twne notify mo~t9~por in writwp of th~ amouM dw and payabl~ I~u~r and svch swn sh~ll tMrwpon b~ dw and
` : p~y~ble oe tM diw d~te of tM ~ext monthlY payment and ~ach sucussiw montb tlwr~sR~r until mat9~ ~h+ll notify mortp~yw of • ch+rp~ in tuch
' amount. Such s~wns sh~ll be applied by mwtys~e~ tow~rd th~ psyment of rtal property tax~s. imwu~u pnmiums, aod morty+D~ ywraMy kuwanc~
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' IN WRNESS YVHEREOF, tht ssid MORTGAGOR h+s herwnto ~et his h~nd and se~l tF?e day and t af es~id.
, Si nec1, e~kd an~ deliwrr in tl» prewrce of:
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I ~ STATE OF FiOR10A l
~ ~ . Saint Lucie ( . . ' ~
couHrr oF
, L. F. Myera ~ ~
! , e~f«~. m. E i~ Mvers w. ,wff., to m. w.n k.w~,t~' l~Nw'?.W'"9~it~ b.
~ ± th~ k~dvidwa d~wibd h and wla ~x~cut~d th~ forpoinp Mnnue~ +ed ackrawleJD~d b~fon n» that tl~y ~x~art~`t~ ~o~~'
~ 1Mtdn ~cpnss~d. Md th~ -
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i ,Myh ~ ~ ~,b T ~ F~ MvAra upbnR ~~~s
~ ~~~mindion by m~ tak~n s~praN and apart froen h~r s~W F~wbaed. ~ckraMA~dyed b and befon m~ iMt sh~ unwf~d wld &~n~p~q~ ~
tu~r and without any aompirl~fon, comtraiM. ~qqrahurion~ har of a from Mt wW Iwnbind. : n'; ~~~~-0'~
~ wmrESS m~r Fw~d .~d of&ta~ +hi• °?•s- - d,y of Januar~ s ~
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' HOt~fY Pt1a~C ~II M1d fOf ~.S1~H O~ ~~iKwillt 11~N",~ ~ •
~ My Comniuion u~pr.sr State of Fbr:da at Lar~s ~
+ R~hire.Ta - NOt~C m~~~a~ Ex~;res Nov. 3. 1:65
` NrM hda~t Swkqs i to~n ANOdatbn . , py Nnencan Sucely l:o. ot N. Y•
i Of Fort Piuae. ~ P~ .
} For? Pi~ra, fkt~~~. V\
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' ' ~ "ECO~DED ~
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' ' ' ~ • ~ ' 1964 JQi~ 27 PM 3. 11
~ OITRAS. CIERK _
~ ~ gt~l~C1E COUNt`(. fIORIDGaA~`--'
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1~ . R.
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- ~Oa~ ~79 F~cE 545
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