HomeMy WebLinkAbout0915 And seid Mortgagari, for themsrlve? and ~heir heir:, legal rvprefentativee, ~~cu~w•~ •nd ny~igrf, h~reby juiNly and ~~wrally tov~n~nt and aqr~
~o •nd with the ~aid MORTGAGEE, in successors en~ es~igna:
1. To pay sll and singular the prinupal and ine~rest •nd the various •nd s~ndry fum~ of money peyable by virtue of ?sid promi~sory not~, ~nd thi~
martgage, each and avery, prompNy on the days respectively the same sev+r~Ny becoma dut.
2. To pay ~11 and i~~gula~ the tsxes, auassme~~a, levie~, li~bililie~, obligationi and ~ncumbr~nces of eve~y natur• ~nd kind ~ow on i~id dexr~t»d
property, or ihit hereafre~ may be impoted, iufferod, placed, levied, ar ~ueued tfisrton, or thal herasfter m~y b~ levitd a u~~aed upon thi~ Mwig~
ag~, or the indebtedness stcured hereby, ~ach and every, wr+en due ~nd payablf, KCOfdle~ to law, b~fon they becom~ d~linQuent, ~~d btfor~ ~ny Inter~tit
atteches or any penelty ~s incurred; AND INSOfAR AS ANY THEREOF IS Of RECORD THE SAINE SHAII BE PROMPTIY SATISFIED AND DISCHARGEO OF
RECORD AND THE ORiGINAI OFFIC+AI DOCUMENT (SUCH A5, f0R INSTANCE, TNE TAX RECfIPT pR THE SATISFACTION PAPER OfFiC1AlLY ENDORSED
OR CERTIFIED) SHAII BF PLACfD IN TNE HANDS OF SAID MORIGAGEE WITHIN TEN DAYS NEXT APTER PAYMENT, and in fhe event that eny thereof i~ not
pa~d, aar~sfied and d~scharged sa"d MORTGAGEE may at any hme pay the same or •ny p~rt therQOf without weivi~g o~ affecting any opfion, lien, equity or
riqht ~nder or by virtue of thit mortgage nnd rhe fu!! amount of eech and every such payment shall be immediatety due and payabltr end •h~ll bear interest
(rom. ~he date the~eof until pa`d a~ rate of aiqht per ceM~m pe~ annum and toyether w:th ~uch intereft shsll be secured by the lien of th:~ morpt~fle.
3. 'o ~+~+u ~nd oontlnuoudy keep on iM bulldinp~ now or t+~r~~ft~r ~itw» o~ ~~td I~nd •nd on all equipm~M snd perwr+atty cov~r~d by thls r?~wt¢
p~, wiM •11 pr~miums thsrwr+ p~id in fuit, fin inwr~nc~ in t~ v~ual ~tand~rd polity form, in • sum ~pproved by tM MORTGAGEE, and windstorm
lnau~~ncr In th+r usual tt~ndyrd p+olity form, in a sum ~pprov~d by tM MOitTGACsEE, in such comp+ny ot comp~ni~s a th~ AIORTGAGEE m~y
dir~et; ~»d all fin rnd wind~to~m intur~nc~ policin on a~y of ~aid buitd~nqs, any intrrtet th~rsin or p+n thveof, in rM ~p~r~q~» tum afor~uid or
fn ~xc~a rhar~of, sMll conWin ths usua! st~nd~rd mortp~ye~ cl~~s~ or suth otMr cl~us~ ~a th~ Mort9~yN may r~quir~, maklnp tM ~oas ur+d~r s~id po11~
ef~a, ~ach a~?~ev~ry, pay~bls to taid MORTGAGEE a• it~ inte•est may •pp~~r, and each snd ~very such policy ~h~ll b~ promptly ~st,gr»d snd d~liv~rsd to
•ny 1?~Id by ~aid MORiGAGEE as iurther security to uid mor+y~ys d~bJ, and, not laa~ tMn t~n (10) d~ys in adwn<e of tIx expiration ot e~ch policy, te dr
liv~t to wid MORTGAGEE ~ renewal thereof, toqeth~r with • receipl for the pr~rmium of tiuch r~nawsl; ~nd there ~h~ll be no fir~ or windstorm inwrant~
pl~c~d on rny of qid buildinq~, •ny i~fare~t therei~ or part theraof, unless in tl+~ forn and wnh the tost pay+ble •a afo:e~aid; ~nd in tM ev~nt •ny wm
of monay betane~ psy~bl~ under wch policy or poGcie~ said MORTGAGEE ~hall h~v rhs option to recoivs and ~pply the ?ama on •ttaum af ths fndebted
rwu s~cur+d hereby or to permit said MORTGAGORS ro receiva and uae N or any pert therrof for other purposes, w+thout the~eby weiving or impair•
My ~ny ~quiTy, li~n or riqht unds~ w by viriut of thi~ mortpags; a~~d in tha event Nid MORTGAGORS sfiall for eny re~wn fail to kexp th~ said pr~miies so
imured, or f~ll to d~liver promptly •ny of aid poiicie~ of inwranc~ to ~aid MOR?GAGEE, or feil promptly to pay fully sny premium thrrofor or in any
reipect f~il ro perform, disch~rye, execute, effecf, complete, comply with snd abide by thi• covenant, or eny par~ hereof, u:d MORTGAGEE may pl~<e and
pay fo? suth lnsurence or any part thereof w~thout weiviny or sffetting ony option, lien, equity, or right under or by virt~t of thit Mortqafle. ~nd the
full •movnt of t~ch •nd ewry wch paymem shall be immediately due and payeble •nd shall be~r interett from the dats ih~renf until p~id at th~ rete ot
nin~ ptr centvm p~r annum and rogether with ~uch intercit ~hall be sewred by the li~n of thi~ mort9a9~.
4. To psrmif, tommit w suffer no waste, impairment or deterioration of ~aid property w sny p~rt ihereof.
5. To pay 411 •r+d ~ir+qulu tFw costs, cherge~ and expamet, includiny e rea~onable •ttorney'r fee and costs of ebstractt of tit(a, incurred or paid ~i
~ny time by wid MORTGAGEE, because or in the event of the feilurs on tha N~rt of thr ~aid MORTGAGOR to duly, promptly •nd fully perform, di~tharQ~,
•x~cut~, effect, complete, comply wffh end ab~de by each a~d evary the ~tipvlation~, prNments, eonditiona, and mven~nt~ of said promissory nots snd thi~
mortq~qe ~ny or eirher, s~d safd cast~, cherges and expe~ses, each snd every, ~h~ll bo immed~alely d~e and payable; whether o+ ~ot thsre b~ notice ds
mand, stt~mpt to cottect or suit pending; and the fLll amount of e~ch end every such p~yment shatl bear inta~e~~ from rhe date ihereof vntil pai3 ~1 tha
r~te o# nins per cemum per annum; and all said cous, charpes and ezpenses inturrad or paid, tuflether with auch inrerest, thall be ~ecured by the tien of rhis
mortpp~.
b. That (a} in ths evRnt of eny bresch of rhis Mortgage or defeuie on rhe part of the MORTGAGOR, or (b) i~ the event any of ~s~d ~~m• of money
Fwr~in rof~rted to be not prompt:y end fully paid within th~rty i30) d~yi next after the +?ama teversily become due •nd peyabie, without demand or notice,
or (c) in tt» ev~nt each end evary ihe ~tipuiation~, agreements, co~d~tiani end coven~nh at f~;d p~omis~o~y note end tF~~ mortyags eny or eitMr •r• rwt
iuly, pramptly end fully performed, ditchar9ed, executtd, effected, cnmpleted, complied with end abided by, then in either or •ny such evtm fh~ ufd ~q,
preyst~ ~um mentioned in uid promissory note then remaining unps~d, with interest eccrv~cl, ~nd ~It moneys tecured hereby, ihsl! becom~ dut •nd pay-
~6!• forthwith, or theraafter, •t the option cf ~aid MORTGAGEE, as fulty and compl~tei~ a~ if ~!I of the seid suma of money were ori~inally ~tipulsted
to b~ paid on wth day, anytfiing in said promixsory note or in this Mortgege to the tontraYy notwithstanc+ing; •nd thereupon or thereaflsr ~t the option of
•aid MORTGAGEE, withoui notice or demand, suit at f~w or in equity, therafon or thmreaflor bpun, may be proucuted ss if all moneyi setund Mrsby
Md rtvfursd prior to its i~tiitution
7. That in the event that at the hegin~ing of or at any time pending any tuit upon thi~ Mortgsge, or to foreclose it, or to reform it, or to enfort~
p~yrt+ent Of eny tlaims hereunder, said MORTGAGEE ihe(I appty to the Caurf hsriny jurisdittion thereof tor the sppo~ntment of ~ Rece;~er, tuch Court thaU
forthwith appo'~nt i reteivar of said mortgaged property all snd tinguler, includ~ng •II and sinyular the income, prof;ts, issuet snd revenues from whattv~r
wures derivad, :~ch •nd every of wh~ch, it boiny expresaly understood, is F.ereby mortq~yed s~ if •pec~ficatty set forth and desaibtd in tho pranting ~nd
habendum clauses hereof, end such Receiver tha!! have sll the broad and effetriv function~ and powers in anywise entrusted by • Court to a Reuiv~r, and
such appointment shall be made by such Court e• an ~dmitted equity and e rcutt~r of absolute riflht to aaid MORTGAGEE, ind wifhaut reference to ths
~dequ~cy u inadsquecy of the ~alue of the proprrty mongaged or to ehe sotvency or insolvency of said MORTGAGOR a? th~e defandsnts, end th~t •uch
r~r,ts, profits, incoma, iwue~ ~nd revenues ~hall be appl+ed by ~uch Receiver accordiny to the lien or eq~ity of aeid MO.:T GEE snd the practiu of such
Courl.
8. Ta duly, promp!ly and fully perform, discherge, execute, effect, comple!e, to+nply with +nd abidt by eech ~nd ~vsry the stipulstions, ~qr~rmenh,
condit}oru s~d tovenantt in said promissory note and this mortgage ~et forth.
9. thst in ttw event the ownership of the mortyay~ed premisea, or eny prrt thereof, becomes ve~ted in ~ person othtr than fM MOR7GAGOR, tM
MQRTGAGEE, ib ~ucctuon rnd eisigns, may, withovt notice to the MaRTGAOR, de~t with :uch successar o~ iuccessor in interett wifN ?dfel~r}c~ 9o ihi~
mortyaye end the debf hereby secured in the ume menner as with Moriflagor without in any way vitiating or'diicharginp tha Msvt~ryoe~ '`1~ab{tity, Mrti
und~r w upon the dabt hereby secured. No ~ale of the premise~ hereby mortpag~d and no forbesranct on the p~rt oi the MOi~'jGA,L~'`f~ w?,ih J~tceaisors
w auiqnt •nd no •xtsnsion of ths time fo~ the peyment of tha debt hereby setured fliven by the MORTGAGEE or it~ euctessOi~ o?~ ~asiyns, sha~l'op~yt~
!u rol~p~, sliscFtarp~r, modify ch~r~• or effect the original liebility of the AflORTGAGOR herein, either in whols ar In part.
10. It i~ specifically sgr~cd that time is of the eaunce of thi• controci •nd that no waiver of any obligstion hereunder nr af thi oblifyation ~ii-
cur~d hersby shsll at ~~y time theraeffer be held te be ~ weiver oF !he terms hereof or of the instrument secured herby.
' ~ t,:
t I, In addition to the foregoing monthly paymenrs af princ pal snd interest required oy the promiswry note aecured -heraby, mortysyor toJenants
~nd ~qra~s to pay to monqegme wirh each mo~thly p~ymsnt •n iddition~l •um estima~ed by morry~gae to 6e equal to 1/12"of-the annua; cpsx of 1M.follov-
,
;
A-All re+l proparty f~xes ievied or assesaed again:t the above destribed ~eal ettate.
8-Prem'wms on fire rnd windstorm insurance a herein required fo be carriad on the lmprovements situate on the sbove~~daic'riberd `premisal'.~' ,
C--Premium~ on such mortgage guaronty insurance ae mortga9ee shall from timc to time deem fit to carry on fhe toen tecured'KrFeby.
Mortgegee shall from time to time notify mortgayor in writiny of the •mount due and payeble hereunder and suth tum sh~ll tMreupon be dw •nd
pay~b!a on ti~e due date of th~ nrxt monfhly p~ymant ~nd ~~ch ~uccessive month theresfter ~ntil mortgagee shall not~fy mortga9or ot • ch~»qt in :uch
~moun+. Such •ums thall bs •pplied by mortqagta toward th~ paymant ot reel property taxet, insurertce premium~, and mortga9• qu~~~nty iruvtarxe
prem4um~,
IN WITNESS Wi~lFltEOF, rM said MORTGAC-OR ha~ hereunto ~et h+s hand and seal the day •nd yeer fir afore~sid.
S;g . 5u~lsd •nd i sd in the prsia~. AN E(_iC~ R 0 E D -
~ _ ~~r~ B O O K
- `~yJ ~
~ai)
Jlf~ 2 PM Z: 17 c5ei1~
57ATE OF FIORIDA ~ ' ' '
courzrroF St. I,uCie ~~~~'~;;Ft;~S, CL.ERK
:~.~s~~-..~.. ~.d S~ LUC1ffi~J~67cx
: _ ,b!J~pl~! ~;RR ~~~PP~+ - - - - - end
~te~~ hia w+fe, ta me well (crrown and known to me ro b~
fh~ 1idY+i3d ~ d~atribeb,f ifQ who sxacutsd the 4orsqoi+?~ inshvmant ~nd ~cknowled9sd kxfors me thet thay •xautsd tha ~art» fw tt» pur~oee~
tl~talet ~a1tp~~id. ~ ~ind~ thi~ ~tt~ FilYl~$ ~'~JC.X
wF$o~;tbr' Nid ' ' TJ~,~s ge~ upon r~eparaH and privoT~
•x~m?fi~tiort' 11y m~' f~~Ce+},"~Cq?att and apart from her a~td hu~b~nd, acknowledyed to and befon rs» that ~he executed said tnssrumtnt fresly ~~d volur~
riri}~r ~~il withart any~~c~npvr(~iihel, con~traint, sppron~niian, ar faar vf of from h~r said hvsband.
VI~ITPJE54-m~ Yiind,indoflizi~l sea! thia 2na dsy of A. D. 19_.~.~_
' '
~"~':;~;crti~`~"' -N ry P~b~fc fn ~ r tfi~ State of F{ofid~ st l~ry~
' • Commiuion acpir
Retum To: ,
;'+ota:y Pt~f:c. S!aie o! FI ric'a
Citii~ns hdeni Savi~gs i Losn Asso;iatian jy~. ~O~m. ' p ~t L,; r~
of Sr. lucis Covnty ec.~~ ~ n Ex,- e~~13rth l, 1'iby
~~n.~c e Ca:~ r
t.~.. )i ~ '~S~ ar, ix 5 a.r
Fr. Pierce, Flwide r C,.