HomeMy WebLinkAbout2042 T~ pl~a and oaNMwowly kMp on th~ buiWM~ rww a I~NftM ~11wN on wid land ~nd on ~U puiq~l ~nd p~na~ally ~werd dr thM aiorlP
wMA ap pe~niwM N+K~on paid in 1v1~, lin iroww+o~ in Nr u~wl uwdKd P~~11 krnt M• twn approwd b~r th~ MORtW?GEE. ~nd wtnrkan~
Uw~rana N IM wwl ~aedard polic~r tan? In •~wn ~pprov~d bY ~M MOIttGAGE4 In wd+ ~omp~nr a oaepw3~ a t1y MORtGl1GEE
Ae~y ,~nd ~11 fk~ and wind~anu in~w~na poliei~s on ~ny of s~W buildi~„ any MNra~ N»nin a p~rt H+Kwi. in ~ pprp~N win afaMald a
1~ tl~wf, shdl aoMNn th~ wwl ~bndwd map+pM clw~ a wch al~ daw~ « tM M~p+pw ~+r n4vi?~,, m+MMq t!» loa w~ uid po1F
t1M. Nch ~nd ~wty. WYaW~ lo tNd MORTGAGEE a iM InMrt~l nNr app~ar. and tatA ~nd wKy sucA polky ahall b~ ponipNy ws:qn~d ~nd d~RvK~d N
M1d Sy s.W MOR1Gl?GEE a fwd+M .~airiqr ro wid ~qap~ dsW. snd. ~oe I.a ~h.n an ~l~ dayi M+ adv.na oi ~aptr•~ion of ~.d~ Polih?. a dr
Nvrr ~o ~aW MORTGAGfE •~wal tlw~of. wpNhM whh • ereNp~ for tlw phmfwn d wd~ r~w~li ~nd th~n ~haU b~ no f'~n a wk~da~onn ienw+nu
pl~ad on ~ny of ~aW buildinpy any Mb.~N N+~~in or p~rf tM~wf. w?I~u M ~M fam ~nd wi~h tM low p~yabl~ N~For~idt and in th~ w~M ~ny wm .
of n~awy b~~ooma papaW~ w~d~r weA pdkl? a polie~ said M4RTGAGEE aMll Mw ~1w option a no~iw ~nd ~pply tM wn~ on ~oeo~m of tM M~bad
n~a wcw~d hK~by a b pwmit uid MORTG/1GORS to «aiw and w~ N a~nr p~rt NKreof fa o~her pwpu~eb wiihout the~eb~ watvinp w imp~i~ i.
~+~Y ~h. li~n a riqht wdw a by virtw of Mis nartpap~t and k? tM ~wru ~sk! MORTCrAGORS sMll fa ~n n~wn f~il b
kaund, w bIl b deliw~ pranply any of ~W polid~s of 4nwanc~ ro w~d MORTGAGEE, a 1ai1 I to r p
n~pM faU b pKio~nl• d'acl+wp~. ~x~cvt~. ~Hat. cwn~IN~. canply wirh and ~bid~ P~'a^P~ Y WY W~h? ~nl? M~wm tlwnfar a in ~ny
by this ooweant, or any psrt M~rwf. s+id MORTGAGEE nyy pl~a ~od
WY fa wd~ in~w~no? a w?r pwt tMrwf wiMout walvin0 a~H~ctlnp ~nY oWion. ~i~n, puitY. w?ipM w+dN ar by vinw of this Mw+{~ap~. and tM
fi,ll Mnowq of ~ad~ and ~wry wch payn»ro sMll b~ inrmdutely dw and p+ybh and ~MII b~u kner~u iran tM d~~~ tM~aof until p~id tM at~ ol
nin~ pu anlwn p~r ~e~wn snd top~tht~ with wtfi IntaNt s?wll b~ seew~d by tM 1'~n of this mort~~, .
4. To patNy aomenM a wff~r ro was/p ImP+kment w d~Mtia~tan of ssid propMty a aey parf tM~wf. (
S. TO ~y ~I) M~ {f~QYl~f tIN CO~h. t1MtqM N~ ~xp~n~lf, 4Kludin0 •~NfO/MWs ~tM~My's fN ~nd cwb of ~btr~ct~ of Htl~. Mcwr~d a p+td u ~
any tM» by wid MORTGAGEE, b~cwN ar In tM ewnt of th~ failw~ on tFr p~n of th~ aid MORTGAGOR a duly. promptly ~nd fvfly p~eforn~, d'achaipR
~xecvt~. ~ffece, aomPkt~ oompl~ with aed ~b~d~ bp NcA and ~wry tM itiPut+t~w?s. +p«enw~n. co~diria+~. ~nd oown.nn of uid p.ani.~ory nob ~nd ~ha
~+~O+Y~ o~ ~i~hK. ud ~aid caf~„ chupa ~nd ~xpKws, ~ach ~nd ~wry. shall b~ im~nedi~t~ly dw and p~y~blq wherM~ a nat M~a~ 1» nwia dr
~+^~L ~„~^^W a aoll~e~ « wN P~M9r Md th~ fvll an~ow?t of NeA and ~w~y wd+ piymau aMll b~a int~nst froen th~ dat~ thKwl until p~fd ~t tM
r~N of nGw p~? oMtwn pK awwm: ~nd ~11 uid aoit~, chupes u~d ~apx?us i~cw~~d a p+W. ~op~tF?N wiM wch Mnntt, dwll b~ ucvr~d by tM ,Iwn of tha . 1,
nartp+pw ' '
6. 11wt (+J in tlw ~wM of w~ bnach ot this Morpp~ or d~f~vlt on t!r part of rh~ MORTGAGOR, a(b) tn th~ ~wM ~n~r of s~id ~w+r oi
~ MrNn nhrr~d to b na p?anpty ~nd fully paid within thirty (~0l days Mat ~h~r tl~ aem ~evaaly beeo~n~ dw ~nd payaW~. witlwvt d~nand a~
w W tn tl» ~wro ~ach ~nd ~wry t!y uipulatia~s. +yrNm~nb. ca~diti«u ~nd coveMnh of uid pranifsory notf and tlw mortpaq~ ~ny a~itM? an no1 I•
iuly. pranptly and /ully p~rform~d, discharped, executed, ~ff~cted, compbted, complied with a?d abid~d ~y. tMn in ~itl+K w any such ~wnt t!~ said a~. '
~~p+N twn m~ntia~d In s~id pramiuory not~ then r~hGq u^Paid. with h~a~it +wwd. ~nd all ma»y~ wcw~d Mnbll. shdt b~aorn~ dw aed WY~ ;
abl~ forthwiM~, or tlwNtta, ~t tlw option of said MO~tTGAGfE, u fvlly ad con+pA~ely ~s if dl of th~ wid swna of mawy vwr~ aipindly stiputat~d
b b~ p~id on such day. +mthin0 in wid p~omi~sory ~wt~ or In thh Mortyaq~ to tM caurary nawi~Mtandiny~ u~d thu~upon a thenaftM at th~ oF:ion of
aid /YIORTGAGEE, without notia or d~m~n~ wit at taw or tn puiry, thete(u~ or ther~ahK bs9w~, mar b~ prp~cut~o p if all nw~ntys s~c~K~d l~rtby .
Md auturM! pr'wr ro iq {nttituti0n.
7. il+at `In tM ~wat that ~t tM b~pLr~q of or ~t any tim~ pN,d;nO ~e,y wit upon this Mortyp~, or b foneloN N, or b nfonn N. a to ~nfwa '
WynMnt d any dainu lwr~~, wid MORTGAGEE sh~ll ~pply to the CaM hsvieg jwisd~ction thereof iw tM ~ppantm~nt of ~ R~a1wr, wd~ Covrt dwl! '
forthwNh appoint a neeMr of a~id matpayed propKty dl and sinp~lw, includa+p ~II ~nd wq~lu tM incnen~. profits, {aw~s ~nd hv~+wa trpn wiwt~wt
wura d~riwd. Mch ~nd ~very of which, h b~~np ~,epressly w~d~rs~ood, ia heroby mor~y.yed as if ~p~ccfiully s~t fonh and dac~it»d in ~M 9.~nr and
Aab~nd~Mn dauws lweof, «?d wch R~ulwr ih+ll Mvs al! ~?r broad and eff~ctiw funct~oiu r~d powers 1n ~nyr,riw ~ntnyted sy ~ Cowt to ~ R~ceiw
. and •
wch ~ppolntrtwnt sMll b~ m+d~ by wch Court as +n ~dmitted equity and a m~ner of ~bsolut~ r'qh~ to uId MORTGAGEE, and wi~hout r~tKenn ro th~
~d~qu+cp w In~d~qu+cy oi tM v~~ d th~ propaty nwrt9aped or to the sowency a insotv~ncy of said MORTGAGOR a th~ defMdann. and tlut such
r~nn~, profip. Mrcan~, hsua ~nd rwenu~s ~II b~ ~pplied by such Receiver accord~np to tM Ilen w puity of sald MORTCsAGEE ~nd tM p?actic~ df wch •
Cowt. -
To duly. P~anPNY Md f~lb P~f«m. d'acMrpe. ~xecut~. ~ff~ct, aomPkt~. cornply with u~d ~btd~ by Meh and ~vwy tM ~tiPulatla+r„ p~MmMn.
oondiriom snd cavsnann in uid promnwry not• .nd this mo~tyap~ ser for~h.
9. TMt in tM tvent tFN o~wn~nhip of tly mort~+9~d P~amisss, or a~ p~n tl~eof, beaorn~s vhheJ'M ~ p~ran o~Mr th~n tM MORiGAGOR. tl»
MORTGAGEE. Na sum~twr{ aod aui~u. m~y, wi~how eaY~q to tM MORTGAOR. deal with such wa~swr a wocsssor in inter~sl with ~~fer~u b t}~is -
n+on~p~ ud tM debt lwreby s~cw~d M tM sam~ mamar as with Mortpspa withoW b~e?y w~y viti~tleg a d'~sehupi^0 Hr Morip+pa~' II+Wlity Mrr
und~r a? oPon the dsW Mr~by aeaxed. No ~ab of tM premises hereby nanyaped a+d no fwb~ar~no~ on th~ p~rt of th~ MOkiGAGEE or in wa~ssors •
or suipna a+d no ~xtension of th~ time for th~ p~yrrwnt of t1~e deb~ Aneby secvred plwe by 1M MORiGAGEE or it~ soconson or ass;pM„ ah~ll t~pa~t~
b nleas~, duharp~, nadfy chNg~ w aHect tM oripiiut liabil~ty of ths MORTGAGOR h~r~i~, ~ithK h wM1~ or In p~rt.
10. It b specifiwlly ~preed th~t tim~ is of t!w es~enc~ of tFin coe?trac~ w~d tM? no watwr of ~ny oblipaYan I~ueund~r or oF th~ obhp~Hon N.
tund h~nby sh~tl at ~ny tim~ thereafiK h. h.Id ro bs • w•ive. of rh. r.~ms heraof a of th~ lrotrunwnt ~cw~d haby,
1T. ~n add~tion to th~ fapo:ng monthly p~yments.of princ:p~l ~nd intaest requir~d by th~ pram~uory no~~ seoured Iwr~by. n?ortQ~por Qovrnan»
snd pre~s to pay to mortppee with exh monthlY paym~nt ~n ~dd~i~orul awn est~ma~ed by mwtp~ ro b~ eqwl to 1/12 of tM amwl coat of 1h~ fdlow-
MD:
A-All real prope~fy t~xp Iwied or autsaed aQaFrnt ths ~bov~ dewibed real ~st~t~.
b-Premiums on fin ~nd Mrr~twm inswanca as haein requ;red to b~ urried on th~ knpwv~ms sitwt~ op th~ ~bow dtw{b~d prMnias,
G-Premiwns on wd~ narfy~ ~uaanry iaswanc~ ~s morty~N shatl fran ti~e~ to tim~ d~erw fit to carry on th~ lo~ wcw~d Iwreby. -
Morty+ps+ sk~lt from tim~ to tim~ notify mwtgs~or in vrritinp of tiN amouet due wd pay~bl~ hN~wd~r and such win ~haN ther~upa~ b~ du~ and
pay~bl~ on N+e dw dat~ of th~ n~xt monthy payenent ~nd e+ch waessiw ma?th tl+s?eaher vntil mat~apN ah~ll notity mortpapw of 1n wth
rnamt. Sud+ suma shall b~ applied by mortppee towud tM paym~nt of r~al prop~rty t~xp, inawant~ pnmiumt, ~nd mortpp~ ~wr~nty py~ranp
I IT SS MORTGAGOR ha herwnto set his hand ~+d kal th~ day ~nd year ~pa
N tM pr of: '~c ~~IL~X{Y
~ ~ ~ .c.ri~aostJ ~c
-n
STA?E OF FiQRtpJ1 ~ '
cou~rnr oF Saint Lucie
. e~f«. m. qr.oe.n~„pp.,nd _ ldil_l ie C•i bson
Queen Eater Gibaon ~~~~,,~~~~~~~b~~~
eh. r,dn,wu.b dacn'b~d tn .nd who .uwr.a rh. fo..poirp iral.wnua, .ea .cknoMd.dp.a b.tw. m. tlrt
tlwp ~x~whd tFw wm fa~ t!» pwpo+~s
~h...H .xp.....d. And ~h. OueAn F.ster (~i bs~n
,,,,N. ~ .,b Willie Gibaon " '
upon . s.p...q .nd p.h?a.
~a+min~tion ~y.~~t~k~n wp+nt~ ~d pwr fran h~r said hwb+nd. ~du~ovrl~dped b~nd b~fon a» that sh~ ~x~arnd s~W instn~a frMly ~nd volw~
hriy M+d'' !w~ +4f~?•~;ompi+bbn, aaisrnMt, appr.lwn,- s.a? of or fro.n ha wtd Mnband.
_ ~w,~~,;~p~wd ~ d.,, ~ Fe a n. c. ~9 65 ~
. _ ~ ; 133425
;ur'~sNOT~Ry'•: ;
s Q~ .rak M«~a h. ~.a a p«~a. N~. .
t~df~1~~« s Mr c°"r"w't°"'xpt~'a _ '
~AR~ PUBIIC lfAlE of ft~ ~ u~r t
,,..~,t~,F~~ED A~D R~CO ~ED ~
.
-'w`". ~GOK ~ ~
.~lt:'•hn•?"~.r.~E~b.td~ r ""ow+~ ~em r, acstst~owN ;
"•T 1965 FEd I 8 PM 3: OS ~ ~
~ i
• JR~;...:~ •
j'•~
ROCER POITF~AS. C1ERK i~ .
ST. LUCIE COUNTY, FLORlOA ~ =~~~~~t,;10UF,'::~v~ ~
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