HomeMy WebLinkAbout0893 I To pba ant! oon~inuowM Iu~P on th~ buitdinp~ now a Iw~ea(tK ~iwu~ on s~id land and on all pvipn~nl ~nd pasoea~h co~?M~d bY Mi+ n+orp~
p~, wi~A all p~iwM tMna? p~id in fv16 fin insw~na in tM ww1 s~~nda.J po~~cy fw+~, M a wm ~ppowd 6p tM MORIGI?GEE. ~nd wfnd~?w~n
iiw+r~na M 1t» u~wl ~undard PaK11 ~aa~, M• sum ~pp~?owd bY th~ M4RiGAGEE. In wch canp+nl w canP+eN+ N t1+~ MORTGAGEE n~+r
direty ~nd a11 M and wwd~a~n in~w~na poiki~s on ~y oi w~d buwW,^9s. an~r InNnst tM.~in a p~ tM.~ol, in t1r app~e9at~ w~n ~fa~id a
ie ~a~o~p tiw~of. ~II conuin tA~ wwl uandard morrp~ c1avN a such al~er dauw a ~M MaqapN m+y nqu~n. makinY th~ iw~ wd~~ s+id Poli~
eiM. ~+cA wd ~w?Y. Wr+bN a s~W MORiGAGEE as ~h in~aat nwy ~ppear. ~nd each aed wNy wd~ policy ~h~ll b~ pranp~M ~a~9n~d ~nd dNivend ~o ~
~ny MW 6p wW 1NOR~GAGEE a fwtiw~ wewiry w said mapaq~ deb~, u+d. eaf k~s ~hae hn d~y~ in advariu of tM ~xp~ntan of ~acl+ Po1kY. w da .
ywr lo uW MORTGAGfE •~~w~l tMrwf, IopNhe~ wi~h a nuipl fot tM p~anium ot wth r~n~walt and ~I~ ah+ll b~ no fu~ w wind~ann inwe~nc~
plaad on ~ny of safd buiidinps„ w+y Muaat tMrein a p+~1 IM?wf, w?ku in ~he tam u+d with tl~ lat payabl~ aa da~i+id~ and in tht tv~n~ ~ny swn
o( nqn~y p~co„~ paYabl~ wdK ~ud~ policy or policia ~aid MOItTGAGEE sMll haw ~M option ~o reaiw ~hd ~pplr tM s~ on acoown of th~ ind~b~ed~
ans wcw~d Fwreby a a p~nnil uid MORTGAGORS to reuiw and u~e i~ a an~ pa~r ~he~eot fa o~her purpwei. w~~hout Ibveb~ wa~vw~p a~n,pai.. ~
~+~Y ~W~1?. IiM a igM umi~~ w b~r vinw d thN mor:9+p~: and in ~h~ ~ven~ sald MORiGAGORS ~h+ll tw any rNwn i~il a k~eP ~M u:d pran~se~ so ;
irow~d, or f~Il 1o d~liwr p~ompllY ~ny o( said pol~cies of iruwanp ro sa~d MORTGAGEQ a f~il prompty w par tu11y any ae~+~wn tM:e~w a in ~ny ~
n~p~ct (~it w p~rtain, d~scharge. ~z~a+t~. ~ff~ct. canP~~~~. ~Ph wi~b ar?d ab~de by this covMant. or u+p put hKwf,. s+id MORTGI?GEE may place and
paY fw wch irowanc~ w~ny pwt thenof without w~ivkq a~fi~ctwq w~y op~ion, liwn, puity. a ripht walK o? by virtw ol ~hi~ Mor~ya~. ~nd ~he
~i .~wwn of .+cn .~+a .r..r wd+ am»M .n.~~ e. ~»d~~~N d~+. and paya4l~ ~~~d shall b~ar M+tNat irom tM dat~ ti?Kwf w?til p~id a~ tM raq o1
~ pN c~ntwn pK ~rrwn? and topNht+ with wch intKest shall b~ sacured by IAe litn of thit mort~p~.
1. To pKmit, ooeomit at wff~r no wat~. YnpairmeM a d~leriaation of s~id properry o~ ~y pwi tMnof.
S. To p+y ~II ~+d ~inp~la? Nr co~n. c)wp~s and exph?sM, includ~rg • reasonabls ~tbnry'~ fN and awn of aba~acn of ~i~N. tna+n~d w p+id ar ~
~ny tim~ by s~id MORTCsAGEE, bcaw~ w in tM ~wn~ ot th~ failw~ on tM pa?t of tM s~id MORTGAGOR w duly, promptly ~nd fv11y pNtorm, d~xMr~
~aecut~. ~ff~d. oanPl~t~. aoenplY with wid ~bid~ by ~ach u?d ~very the ~tip~la~ans. +greema^b. eonditions. ~nd oow~anb of wid pra~iiupy not~ and ~his
nwrtyp~ +nfr a~i~hN. +m! s~id cosM. dwpes ~nd ~xpenws. ~ach u+d every, sh.~tl be i+nnwdiately dw and pay~bt~s whetMr a not tMn b~ no~iu dr
~na~w~, .n.mp~ a eo1Mc+ a s~ pa+~r?pi and ~M fvll .nwww of .seh ared we?y weh paym~m shall b~w inarN~ fran tM da» tlr~wf umtl paid ~he
r~re of nin~ ps~ centwn per a~wwm; and +11 said awts, tMrpe~ u+d eapensei w+cwrad a paid, topNlwr with wch :ntKat, ~11 b~ sewnd by d» li~n of tlw
~
b. Th~t (a In th~ wMt of ~ny bn~eh of tl~ Mat~p~ w d~taull on tM part o( tl+~ NIORTGAGOR. w(b) M tM w~i~t ~ny of s~id wrns of nwe4y
Mreln ~ti~rr~d to b~ not promplly ~nd fuU~r p~id within thutp Cd0) days ne,a a(~~v ~he iam~ s~vKally b~can~ dw u~d pay~bM. wi~how d~m+nd a noric~.
w(~ in Mt ~wnt ~ach and wKy t!~ stiputatiora„ agreemenri. aa+d~tions and corcn~n~~ of s+~d promiuay nw~ a~d th~~ mutpap~ ~ny a eitAer ~r~ nol
~uly. promptly and fulh paform~d, d~hxpsd, ta~N~l. ~ffected. compteted, complied wi~h ~nd ~bided by. thtn in ~i~her w u~y such ~wM tM ~aid ag
~ pre~aM swn ~entiomd in said pronsaory not~ th~n nmiminp vnpaid, with interesl accrued, and dt nwetp s~cur~d Fwrebr. sMll b~oom~ dw and pay~
~pl~ for~hwitl~, or tlwnah~r. at tM optia? ot ~aid MORTGAGEE, u fully and canpk,elp ~s if ~II of ~h~ ~aid wmt of mawy wer~ agin~lly a~~p~rbfed
to b~ pa;d on wch daY. anythinp ia wid promh~ay note w!n this Mortgaye to the conuuy notwitlwandinp; ~nd thKeu~wn qr thereaftu al tM option of
~aid MORTGAGEE, withou~ naiu or dem~nd, wit ~f law or in ~q~?ity. ~hcrefwe a thsreafrK bpw~, m~y be prw~cut~d u if all monty~ Ncw~d hK~by
hd nwfured prior to it~ MWih»ion. - :
7. Tl+at in tM went iMt ~t tl~ b~inninp of w at uiy tinw pendinp +ny s~it upon thi~ IKortpp~, a to forecloa~ k, or b r~form it, w to ~nfap +
p~yment of ~ny d~iim her~w~da, said MORTGAGEE tMll apply to the Covrt Mving jurisd~ttan /F~tr~o~ to~ 1M appointment of ~ ReteivK, wch Covrt ihall t
fathwiM ~ppoint ~ rwiver of uid mat~g~d property all and unpvlar, indud~rg all aod si~lar tM income, profin, i~sws N+d ~evenues (ran wMtwe~ i
•owa dKiv+d. ~ad~ u~d ~very of whid+, it b~irg ~apreuty ~x~derpood. is hcreby mo.r~aged a if sp~cifiully sN fath and dacr~ed in th~ p~u?tirq snd ;
Mbendwn claw~s hereof, and s~ch R~aiv~r shall Mv~ ~II tl+t bo+d and efiecrive funcrwns uid powers in anywis~ enfrwted by ~ Cowt to a Receiva. ~nd
such appoimment ahall be m+d~ by wch Cowt y an admined equity a~+d a mane~ oi abaolut~ ripht b said MORTGAGEE. and withow nterencs ro tM
adequacy w in~deqwcy of tM v~lw of tl+~ prope~~y matysped or fo tM wnre~cy or ~nsolvency of s~id MORiGAGOR a the dslend~nn, and tMt such
r~m~, p~ofip, incom~, iuues and r~vawes ah~ll b~ applied by such Receive~ acc«ding to tM.lien or puity of Nid MORTGAGEE and tM pr~dia oI such ~
COYfl. - f
a. To duly. proenpNy ~nd fulh pufwm, ~scMr9~, ex~cut~, eftect, comple~e, comply with and sbid~ by ~ach ~nd wery tl» stipulatia~s, apreem~ots, '
~
condtiona and ooven~nn in said promiuory nob and this mortQs~e set iwlh. ' i
9. 11wt In tM went tM owrwnNp of th~ na~tpsped pr~mis~s, a any put the.eof, becweMS ws1~d in • p~rwn otMr th~n tl+~ MORTGAGOR, th~ ~
MORTGAGEE, in wcuuas ~~+d assip% may, without naic~ to tM MORTGAOR, de~l wi~h ~uch wa~swr a waeswr in iMaat with refsr~nce to this ;
ma+~ape and ~M deW txreby sacured in tlw s~ m+nner n with ~Mwtgsgor wi~hout in ~ny wa~ vitiatinp a disch~r~trq Ih~ Mwt9apors' li~bility her? ~
under a upon tM debt her~by ~eeurod. No ule oi ~he premise~ hereby mor~psged and no forbwano~ on th~ pin oi rM MORiGAGEE a in s~,ccasson 1
w aui~ns and no eaten~ion of the t~me fw tM p~yment ot tht d~b~ hereby secu.ed given by tM MORTGAGEE a in succtua~ a ass~p% shall opewt~ ;
ro ~•Isa•., d~sch.rye, modify thanp~ a ~ffett tl» oripinal liability of ths MORiGAGOR Mrer~, titMr in wtwb a in put. ~
- 10. It b apecifically pnsd th~t tim~ is of tM ess~nc~ of this contract and tMt no waiwr d~ny oblipation F~wnd~r a of tM oblipsYan w-
wr~d henby th+ll at any tim~ tl~eaftK bi !wW to b~ • waiver o~ ~he larms he~eof w oF /M Latrumtnt Ntw~d hKby. ;
11. tn ~ddltwn to tFw (aeyo:ng monthlY paymenu oi princ:pal and imeres~ required by tM p~aniswry not~ secwed.IwrebY, mortga~or covsnants i
u~d agreet to p+y to mort9~gee with ~~ch nanthlY paYmero an addi~ion~l sum es+~ma~ed by mo.qpe~ to be equ~l to 1/12 of tM +nnval cosr of the follow- ~
iny: ~
A-All real property »aet (tvied or ~sf~ssed a~air~st tiK abov~ dewibed real e~tst~. i
i
B-P~emiums on fire and windstorm irawurce as herein requ~red ro be carried on tht in~ov~nM ~ituat~ on t!~ ~bovs dturibed pnmis~s.
C-Pr~miums on wch mat9pe 9wranty inswance ai matg~gee shall from t~me to-time deNn fit to cury on t!u loan aecwed Mreby. :
Mortgape~ ~hall irom tune to time nolify mortgayor in writi~g of ~ha amovnt due and pay~bb Mr~w~dN ~nd auch wm tMll therwpon b~ dw ~~d
p~Yable on tM dve date of the next monM1Y p~Yment and ~ach successiw monfh ~t?ereafter w?til maty~pe~ ~11 ~oti(y morty~or of a cFwny~ in wch
MnouM. Such twm ihall b~ ~pplied by mortyape~ towud th~ paym~nt of real property bx~s, inwranc~ pem:wns, and morlpa~ yu+wnty irowanu
premiums.
IN WITNESS WHEREOF, th~ uid MORiGAGOR Fws herwnto wt his Mnd and seal th~ day ~nd ywr Mt afpes~id.
Sipiwd, Su ~d ~ed wr~d ki th~ pr~wee~ of: l~ .
F GL~~~~>~~.r/ ( ~2.t.1/~~? ~ ~7Et /l~c~~I--~~ (S~aQ . ,
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STATE OF FLORIDA ~ '
St. kiCie ~
counnr oF - _
b.~,. p.,,o,,,iti,~.,,.d Laura B. Hancock, a single adult X~c
~ x~xa w ~i ~ .~a ~ ~ b.
~ndi,?idua![ a.K.~b.a tn .~a ,rho .~uwr.a N,. fo..~wq a~.r~+t. .na Kkra,~,kao.a s.fo.. m. ,hN tl~~x.«n.a d,. ..m. to. M+. p~,.po...
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. ~r ~~~~x~~ ~~'~w~7~~~~A~i~ «~t wi~rn•
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~ wITNESS my h.na .~a offki.~ ..d .IS. /a - d.y of A. D. lv~t~
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~ . ~~2 ! 5 Nota„ P~bac .nd fw th~ St.,. of fb.ida .1 L~~
~ 't~'re;••,`~ ~~~a
~f EC4R ~C My ~ Notary~ blk. Stats ot Ftorlda at LaBe
~ ~,iinc F.d.rd.3winos'i~ ~oai~ ~~a+ (1{~:~'a~ ~~Q~~^41~ My Comm
ssion Exp~res Aug 6. 1967
. c, o~~ ~.P~k:. ~N v~~~ . Bond~d B~? American Sur~ty Co. of Nt Y.
~ s ~oC! ~ f~orida : ..~:~j
' = = - - ~ ' , - 1965 JKiJ 25 A~ I~: 39 c . ~
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"'~,;~o~:• ROGER POITRAS. C1L~ K • .
~~c; ~ St. IUCiE COUkT~. F~G~ina . , .o _
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