HomeMy WebLinkAbout0485 . , . ~ _
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To pl~ and contim+a+aN kNP on tl» bulWMps now a l+K~aft~r ~itwti on ~ald land ~nd on ~II pvipn~?t and pe~~oe?~Ily cova~d bp this map~ ~i
apw with aU p~ tMhon p~id io ivq, fin daw~na h H» vsu+l sarrd+rd polky ton~, in • wm +pprowd by 1M lNORtGAGEE. and w~n~~a~n i
~ hnw~na in the ww) uandard po1KY Wnn,, In a wm ~pprowd br tM MORTdAGEE. h wch canp+nr or aomp+ni« ~M HIpRTGAG:E may , '
d'aect~ ~nd ~II flr~ ud windstorm 6nwa~a policNs a+ any of said bvild'a~@s. +nY k~M~at thereie o~ p~rt thenot, in tM +pprepa?~ wm ataes~ld a
M? ~xoas thK~of. sh~il oontain th~ wwl atu?dud ~a~ clav~ a wd~ othK claus~ a th~ Mort9+0N m+Y nV~?'ua makinp tt+~ bss w+dK a~d potE
cip„ ~ach and wNy. O+Yabl~ to sakl MORTGAGEE ~ its htshst en~y appMr. and ~ach and ~wry s~ch polity alwll b~ P~~W~Y +~9^ed and d~livtred to
~y MW by said MuRTGAGEE a furthK ~a.ity to ~ahl morty+p~ debt. +~d not lw tMn ta+ (1~ days M ~dvu~o~ of tM tapFration of ~ach policy. ro da ~
qwr to aW MORTGAGEE • nnsw~l tMnof. ropNhK wtth • r~pipt fa tM prwni~+m of wd~ ra?~wal~ ~nd tMn ~II bt ~o fih a wk~dsto~m 4aw+~ ,
! plaad on a?y of s+id b~ildag~„ sny intenat tl~ein or pKt tMrwf, vnl~s in tM forrn ~nd wi~l~ tM bsa p+y+bM as ~for~sakli and in tl+~ ewnt ~ny wm
E of mon~y beconws payaW~ undK ~uch polky ar pdicia~ s+id MORTGAGEE ~Iwll Mw tM option to receiw a~d applr tM s~rn~ an accove?t oi iM ind~bted~
~ nas s~cwed Mr~by or b p~rmit s~id MORTGJIGG~RS to recaiw and we N a any pa.t thereof fw wh~? p~rpoiea. wi~lwW Ih:veby wairing a unpain y~
Inp aMr pvity. tiee~ w riph~ a b~r virtw of thia mo~tyap~r +~d In tM event s.W MORTGJIGORS ~il for ~ny nsson f~il to kerp ~f+e sald pra~~es ~o y
insw~d, w fail w deliw~ P~~P?N ~Y ~ s~W polici~s o! kawanc~ to saW INORTGAGEE. or fail P~o^~Pt~Y ~ P+Y fvlly anr pr~n+iurn ther~(a ar in arry Y
~ rNp~ct f~il b perforin. dwdwp~. ~x~cvt~, ~ffect. canPl~t~„ comt~lY wtth and sbid~ by this cove~aet, w~ny p~r~ !»nof, ak MORTGAGEE n+ay ptac~ ~nd ~
~ p~y fa wch huwanu or sm p~rt tMnof without wsivinp or ~ffectirg any option, 11~n. aqvNY, o~ riyht undK w by virtw of thb Mat9p~. ~nd tf+e ~ .
fuil anww~t oi each ~r?d wery wd~ paymN?t shall b~ 4wmd'wtely dw and piYsW~ +nd tlwll beat inN+esf 6an tl+~ datt thar~of vntil p~id ~t tM cat~ oi ~
nirn pK centwn p~r ~mwm ~~d toQe~her with wch intKest sM~l bs s~cvnd by tl+~ lien oI ihis mo~tqp~. *
4. To pwmit. aommM a wffa no wat~ impairnNnt a deterior~tion of s~id propNty or any p~A thuaof. ~
S. To p~y ~I! and sinpular tl» oos». cMroes and ~xp~n~s. incivdinp a maaonabl~ ~ttornh/s fN and oosb of abstrads of Nti~. bKwred w p~id ~t ~
~ny tin~ by s~id MORTGAGEE, b~avs~ w in tM ~va+t of tM iatlun on th~ psn of ~M ~atd MORTGAGOR ro dvy. pranptly +nd ivlFy pwtoan, d~sd++rp~ .
~x~cvt~. eHect. canpl~t~. oanPh? wi~h and ab'~de by ~ad+ snd ~vup tia stip~?t+rrons, agreen+ee». cond~rions and aown+nn of said ~romtuory oot~ ~nd ~hb 3
nwrt~+y~ +oY w ei~hs~. ~nd sa~d oosts. ch+?pes and ~xpNaes, ~ach and w~ry. stwtl be h++nNd'wuly due and payaW~t wl+etMr a eat tha~ b~ notia d~
mind, ananpt to aolkd a wit p~~d'inp~ ~nd tM fvll ~rnouet of each ~~d ev~rlr wch p+reeM+?t sMll be~. interost fras~ tM da» thereof ~ntif p~id at the
rat~ of nint. per oentvm psr ~nnwn: a~ ~II iild ODtti~ CMfQOi ind ~Xp~fti~i 111Wff«I p Piid fOQQiF~lf WitI1 iVGIf 1~1tN~tf. ~tMll b~ satwed by t!a lia? of tNs
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6. TMt (a h t!r twnt of any bexh d tNs Ma~9+~ w defwh on th~ paA of ths MORTGAGOR. a(b) M th~ wMt ~ny of siid wn+s of nae~
l~stde nf~rnd to b~ not pranptly u~d fully p~id within ~hirty (30) days e»xt after tf+e s~+ne s~varaly b~can~ dw aed p~yabi~, withovt den?~nd or notia.
or W In tM eva+t each and evKy tFn stipulatio~a. ~re~ments. conditioos ~nd covenants of s~id prombso~y no» snd this maty+p~ +nY a eitMr ~n nw
~uty. promptN sad fvllp psrfotmad, d'~stF?~r~ed, ex~cutad, efieded, tompi~t~d, oomplied with a~d ~bided by. tMn in eitMr a any wd~ ~wnt tM sa~d ag
w prcp•t~ swn m~n~ioeNd M ssid prornissory ~ot~ then romainiRO vni»id. with interost aea~rod. ~nd all mon~ys setur~d l~enby. shatl bseoen~ dw ~nd WY' ~
abl~ iathwith, or thKeaNer, ~t tM option of said N?ORTGAGEE, aa fvily ard coenpl~t~h u H all of tF» wW swos of morwy wen wipinally ~tipvlated ° f
to be piid o~ svcA day. anythinp in ~id pranissory not~ or te this Mort~gs fo tlw oontwry notwithstand'a~yt +ed 1Mrwpon ot thereaiter at t1+~ option of
satd JNORTGAGEE. wittwut notic~ a dem+ed. wit at I~w w ln p~ity 1IItf~Of~ Ot 1INfN}tN ~{MI~ IMiy Ilf ~t~N1la p if ~It moMy~ secwed hereby
h~d m~twed prio? to its GaNtution. .
7. ?Mt In tht went tMt ~t tM by~ of or N any tink . paedteg a~y wN upon thb Mw?9aps, w to faedow M, or fo refom+ h, w b~nfwa
payms~t of any daims herevade~ said MOR7GAGEE sfiall apply to the Court haviny jurisdktlon thereof for tM appoinhnent of ~ R~ceiver. wd~ Court shatl
torthwith appoint ~ nc~ive? ot said matyaped propxly all ~nd siegvki, tndvd~g aIl N+d tinpvlu tM inooine, profi», bwes and nrenu~s fran whatwer .
~ourc~ derived„ wcA ud wery of whicl~. N beinp ~xpres+~Y und~ntood. ts herebl? nw~ty+~ed M ff tp~atically sN fwtA a~d dauib~t! in th~ ~antinp and
lwbendwn daus~s hereof, and svch RecetvK sF+ail h~vt aU the brwd u+d ~ffeeriw fvnctioea and porveri tn ~nyvvi~ ennusttd by ~ CaM ro a Reoeiwr. +nd
wd~ ~ppotntmant shall be m+d~ by wch Cowt as sn ~dmmed eq~ity and a maner of absdutt ~M to s+W MORTGAGE~ and without nfereno~ to tM
adsqwq or insdeqvxy of the valw of tl» popNry mortp~ged or,w tM whrency or w~wlwncy d wid MORTGAGOR a tM defend~nn, ~nd th~t svch
renn proftts, k~owi~ iuu~s and rmrsrnros shall be ~ppliad by'svch Reoeiwr +coord'ug ro tM lien or puity of wid MORTCsl1CaEE and N+s practFa of such .
Cou~f.
8. To duly, pranPthr and fulH Perfwm. dhd~aye. ~xewte. eHaet, ao+^Pl~te, oomplY with aod aWde by exh ~rd ewry the sttpvlatioes. +pna~aHS.
oonditions ~rd oove~ants in s+W pron~iswry not~ ard thb mortyage set f«tk .
9. ifwt in tlu w~nt the ovvnership of tlw mort~sy~d Pmm~• a a^Y P+~ tharwf, beoomes vested ln • perion otMr tMn the MORTGAGOR. i~hi i
MORTGAGE& its wooesson ~nd assigro. msy, wifhow notia ro the MORTGI~OR. deal with wd+ woa~so? or waessor tn interest wtth roferenc~ to thb i~
mortg~ and fh~ debt har~by s~c~xed tn tM same maivwr u with Nlortpapo~ wNlwcit in any wyr vitiatlnp a d'acharpkg tM Mortyapors' liability her~-
under a vpon ths dabt hareby aecvred. No sah of ths premi~es hereby mortpayed and no forb~arana on tAe put of the MORTGAGEE a its sucasson ;3
or wigeu ~nd rq extension of the tirrN for th~ paym~nt of tl+e debt her~by secured 9nan bp tM MORTGAGEE or Ms wooes~ors a aui~ns, sMll opwst~
b nkase, d'odurye. modify c~ye or aHect the oripinal Itsbility of the MORTGAGOR herdn;, iitha in wlwt~ or In p+rt. :t
10. N b spetifiully ~pra~d that tien~ is of ths e»enot of this oo~+tnct ~nd that no waivw of u~y ob119stion hawnds~ at of th~ oblipation sa
q,red (x~b~r ahall ar a~r rtms thersaha be hetd ro b~ a wahrer of rM Ntms hereof « d ttw inar~m sec~rd herby. :
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_ 11. In addiYan to th~ foregoinp monthly paymenb of princ:pal and Enterest nqvi?at! by tM proniasory rat~ sacw~d Mrsb1?, mor~yapO~ ao~e~+^b
and aptaes ro paY to nwrt~+pss with each monthly psyrnsnt sn addir'wnal wm estimated by mortp~ to b~ ~qwl to 1/12 of tla amwl cost of ths folbw-
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A-All real property taxes lev~ed a assesaed aysirot ths ~bove dewibed rest eaqte.
8-Premi~ms on=fire and windstorm insvr~na u I~sr~in reqvired ro bs arcisd on tM improwm~n~s sitwt~ an ths +bove desaibed prtn?bs~ ~
~ C-Prantums on svch mat0aye 9o+ranty im~wH+ce as mon9aye~ sh~fl from t~ to tYn~ de~m fit to carry o~ ths ban senxed henby. ~
Mort9igee sfiaU from time to tim~ notifY mort~8syw h wriYu+g of th~ ~movnt due a+d payabl~ hNeu~der- and wch sum ah~il tFwrevpo~ be du~ and ~
paysble on tl+e due date of the'~xt ma+thty payment ~nd eacl~ waeuiw month tl~enafter until mortyays~ shsll notiiy mortya~w of a cfurg~ in wct~ }
rnow+t. S~xh svms thall b~ spptied bY mo~r9spee towud th~ psyrnent o~f resl propeAy taxes. inswanoe Praniueu. +nd mat9+yt ~+~n~W im~xana t
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. IN WITNE55 WHEREOF. tM s~k! MORTGAGOR has hercw+to set Ns hand and ~eal tM day fint fonsaid. -
St~ned and d~liver ' in the ~resaea of: t ~
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STATE Of FLORIDA
Saint Lucie ~ ' ' ~ ' j~ '
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d.tor. nN p~.ion+~hc~....a ..s~ohn DaviA F.1 ~ i s~ ~r. - ' ' ~ i~
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Carrie Ellis _ w. ~,if., to m. we1~ +naw~+.~a known to en. to b.
l ffM k1~Wb deWib~ In and wh0 ~7ttCVf~d t~M f0f~01f1D 1lqifurtMflR• a1N~ ~CILflOwIldQld ~'Ofr ~IN t11it 1~IQy ~xlOVtld ths f~e11! ~Ot tl1! pIRpOl~f
~ f~, ~ „~d C~rrie Ellis
• ~~~M ~Tehn David Elli4; Sra ~on a sep,.m a.+d prh?m
~xa:ntna~ion b~r me akea sep+nt~ ~od ap~.t froen ha ssid tw~b+ ~cknarvledped a and b~fon m~ tMt sh~ eu~arted said tromrment freely and volern ; ~
twily and witlwvt anY aomPv~slo~4 aoentrsiM, ~ w e~of or fran hw Fwsbsnd. `
WITNESS nqr Iwd and offid+l ~al •~•k " day of /1. D. 19
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RNUm To~ //•3 MY Comm.ss.or1.~~~~.4~~ 96a
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