HomeMy WebLinkAbout2967 And faid Mortg~go,•a, for themielvs~ •nd their h~in, ~e9~1 rapreientativ~i, ~ucuseor~ ~nd ~uiqn~, htrsby jv~ntly end ~~vrrally cov~n~nt •nd ~prM
ro•nd with ef» uid MORTGAGEE, itt wccruon •nd at~iq~c
i. To pay •t! and ~ingulu the principal ar.d infarast and ths var;ous and sundry wms of mor»y p~y~bl~ by ~inus of uid prumiswry noh, •nd thh
mertqs9e, e~ch ~nd evary, prompdy on rhe days respeuivety the •~me f~wrally becom~ dw.
2. To pay el! •nd ting~l~r tha ~~xes, ss~e~sm~~ts, levies. li~b~lit~f~, oWiyatioro ~nd ~v~cumbr~rx~~ oi ~very natur• •nd kind now on ~~id dewib~d
proparty. or th~t h~reaft~r may b~ imn~-a, •••ffered. Plactd, levied, o~ ~suued therwn, or that here~fip m~y b~ Iovi~d a p~~u~d upon this Mor1p~
ays, or tha Indebted~e~s secured here:,y, each a~ ev~-~, whert due ~nd payab~e, accwdinq to law, b~lae thty becort+~ d~llnqwnt, ~nd b~fw~ ~ny Intmu
anatheti w•ny pen~lry is incurred; AND INSUfAR AS Afv': TH'Rf.UF IS Qf RECORD TH£ SAME SHAII BE PROMP7LY SATISFIED ANO DISCHARGED OP
RECOR9 AND TME ORIGINAL OFfICIAt DOCUMENT (SUCH A$, FOR INSTAN~E, THE TAX RECEIPT OR tHE SATI5FACi10N PAPER OFfIC1AllY ENDURSED
OR CERTIFIE~) SHALL BE PlACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT, •nd in th~ •vent th~t ~ny th~r~of i~ not
pa~d, set:sfied and d~scharged sa d MORTGAGff iney sf any rime pay the samr or any pvt the~eof without waivin9 or ~ff~ctin~ any option, lisn, ~qu~ty or
~~qht under or by virtue of thi~ mortgage end rhe (~II emouM of eath and every wch p~yment ~ha11 be immadi~t~Iy due and p~yable and ahall b~ar int~retl
~rom the date the~eof unfil pa~d ar r~te of ~(yht per centum per •nnum and to9eth~r w;rh wch int~rea/ shall 6* secwed by Ihe li~n of th:• ma~qt~p~.
3. To pi~a a+d ca~ttnvously kt~p on fhe buildirp~ raw or h~r~~f1N ?Ftuats on sak! I~~d ~nd on ~il ~quEpm~nt ~r,d p~non~lly to~~r~d by th{s mo?t~
p~, wlth dl ~r~rnivrtu thsrwn p~id in fvll, fi~~ irtsur~nc~ in th~ wual ~tandard polky form, in + sum approwd by tM MLIRTGAGEE, and wlrKlstorm
Imwaht~ in tM usual ~»ndard poltcy fam, (n e tum ~ppiovec! by tM iNpRTGAGEE, ~n ~uch rompany or comp~nip e~ tF» AIORTGAGEE m~y
dir~ctj ~nd •II fir~ ind windstwm iruvr~r,t~ policiss on •ny of uid bvildinpt, any int~r~it ther~in o? part thsrwf, in tM apqnyat~ sum ~fw~~eid or
In ~xas~ th~rwf, tMfl cont~i~ tFn uwal ~t~ndard mortpa~a dwa or tuch ofMr t1~uN ~ Ihe Morty~yN may rpuir~, maktnp tM tosf und~r ssid poli~
c1p, ~~ch a+~~v~ry, payabls ro uid MORiGAGEE a ih int~r~~t m~y appear, ~nd each and ~very s~ch pelicy ~h~l~ b~ promptly au,yn~d ~nd dtliwred to
any h~ld by Nid MORTGAGEE further ~ecurity to said mor~paQ~ debt, and, ewt las than t~n (10) d~ys (n sdv~nt~ of tFu •xpiration of ~ach policy, fo d~-
iiv~r to ~aid MORTGAGEE a renewal ?hereof, tagether with a r~c~ipt for 1ha premium of futh renewal; and thsre th~ll be no fir~ or windatorm {nwr~nt~
pl~e~d on ~ny of ui'd buildin~s, any inlere~t thefein or pert therwf, unles~ in tM form ~nd with the Iw~ p~y~bl• s~ aforauid; ~nd in tM evtnt any aum
of monay 4~com~~ p~yable undar ~uth pollcy or pol~~+es taid MORTGAGEE shall hav~ the option to reteivs and ~ppiy tha a~me on accoun! pf tM Indebted-
n~ss src~trd Mr~by or to permit said MORTGAGORS to reteiv~ and usk it or eny pert thereof fo. orher purpose~, wifhout thereby waiving or impair-
k+y ~ny puity, Il~n w ri9ht ~nder w by viriua of thi• mortqept; and in tha •vent uid MOR~GAGORS it+~H fpr sny re~son fail to keep tfie f~id pr~misei ~o
iroured, or fail Iv d~liver prompfly ~ny of ssid policiss of tnsurant~ to ~aid MdRTGAGEE, or fail promptly fo pay fully any premium thsrafar or in •~y
retpsct fiit to p~rform, discharfle, exscute, eftect, complete, tamply with •nd abide by thi~ covenant, or sny part herrof, ~eid MORTGAGEE may p4ce and
pay for •uch tnsuranc~ or ~ny part thareof without w~iviny ar aFtectinq eny option, Iien, ~qulty, or riflht undsr or by virlue of thi~ MortQ~g~, u~d the
fvll ~movnt of each ~nd ~vrry ruch payment ~hall be immedietely due ~nd pay~bl• ~nd thsll bear intereii from the dete thertof u~til p~id ~t the ret~ of
nini p~r centum per ~nnum and together with such interest ihall be se~ured by tM li~n of this mort9~9e.
1. To permit, commit or suffer no woste, tmpa;rmem or deterioratinn of ~~id property or any part lheraof.
S. To p~y •11 and tinpular tht toat~, cha~qe~ •nd exprnaes, irr~ludinp ~ n~~onabl• ~ttornay'f f~e ~nd cotts of abstnctt of titla, inc~rr~d or paid at
~ny tim! by wid MORTGAGEE, bstav~e w in the event of the feilurs on th~ Fart of th~ said MORTGAGOR to duly, promptly snd fully perform, disch~rp~,
~x~cut~, ~ff~ct, tanplet~, comp(y with and •hide by each ~nd every th~ ~tiputerions, ~qretmertt~, cwrditiont, and cevenanr~ of siid p~om~story not~ ~nd thi~
martqape •ny or •i?her, ~nd a~id coats, char9as and expenses, each end every, ahall b~ lmmediately due ~~d peyab!e; w}»ther or not thor• b~ notic~ dr
martd, ~ttempt to collKt or iuit pending; and tha full amount of e~ch end evsry euch p~yment ahail bear interes~ from th~ dere thereof until paid •t tM
r~ts of nine per centum per snnum; end all se~d coirs, charqes and expenses int~rred w psid, together wirh such intanst, ehatl be ~ecurrd by the li~n of ihia
^~'*SiK'i~.
6. Tlut in the evant of eny breach of this Mortgag~o or default on tha part of the MORTGAGpR, w(b} ~n the event sny of u~d wms of monty
lNr~ln rof~rred to bu nof promptty end fully paid vrithin thirty (30) day~ next afror tne ume ~everally become due end paysble, without damand w notics,
or (c) In tF» svtnt e~c.h ~~d every rhe stipul+~tiorts, agreement~, condition• ~nd covana~n of ~sld promitsory note snd the~ mortp~ye any or ~itMr •ro rwl
ivly, promptly •nd futly perfarmed, discherged, rzecuted, effncted, tompletad, :ompli~d with and sbided by, then in ~ither a any tvth sv~nt th~ ~aid
gre9~t~ sum rMntionad in ~eid promisiory note then remeining unpeid, wirh intertst stausd, and all moneya tetured hsreby, ~hall becorrw dw ~nd pay~
sbl~ forthwith, w tFwrsaher, at the oprion of said MORiGAGEE, a~ fulty and completeiy ~s if a1f of the said sum~ of money wer~ origSnally atipul~t~s!
ro b~ paid or~ wch day, anythiny in u~d promiuory note or in this Mort9iqe to the conrnty notwithirandin9; •nd thrreupon w thrroahor rt tMr nptioe~ ~
uid MORTGAGEE, without notite or demand, suit af law or in equity, therefore a th~r~~fter be~un, may be prwecutod as if ~11 moruy Ncur~d Fr~nby
Md rrwtwed ~tio~ fci itt 'rnstitution
7. That in the event that at tFro beginning of r~r at any time pend~ng any wit upon this Mortgage, or to foreclot~e it, or to reform it, or ro enfom
p~ym~m of ~ny cleims hcreunder, said MJRiGAGEE shal; epply to the Court hevinq jurisdictian thereof for thc appointment of a Receiver, suth Co~rt lhdl
forthwith •ppomt a receive~ of said moityaged property a!I ~nd singul~r, includmy •II snd sin9ular the income, profits, issuet and rsvenuet trom whatsvx
wurcs d~rived, e~ch and every of which, it beinp expre~sly undentood, is he:eby mort9~qed e~ if specifically iet forrh i,.d dexribad in tM qre~tinq and
h+b~ntlum tlausea herepf, end wch fteceivcr shat( Mve etl tha broad and effetrivt functions snd powen in anywise entrUSrrs! by ~ Court to ~ R~ctiv~r, and
such ~ppointmant thall be macie by such Covrt a~ er, ~dmitted equity ~nd a mathr of ~bsolute right to said MORTG~~EE, sr+d wirhovt r~f~rerx~ ta tM
sd~quaty or inadequacy of the value of the property mortgegscf or to tha tolvency or insolvenq ef said MORTGAGOR w tha defendanis, and that ~uch
r~nti, profits, incom~, issu¢s •hd revenues sha~i be epFlitd by tuch Rsceiver accordirtg to the lien ar equity of iaid MORTGAGEE and th~ pr~diu of s~rch
Court.
8. to duly, promptly and fulfy perform, discherge, execute, effccr, completa, comply with •nd abide by aeth and every the atipulattons, pr~emanh,
ea+editions and eov~nsnt~ in said promissory note and th~s mortqage set forth.
9. Th~t in the event the ownership of the mor'yaged premifes, or any part tfiereof, bctome~ vested in a person other th~n ths MORTGAGOR t'i+t
MORTGAGEE, ib successan and e?s~gns, rnay, wi!hout notice to the MORTGAOR, deal with such succrsior or a~ccEasor in interest with ~efar~nt~ ;o thi~
mortyp~ ar~d the deb! hereby secured in the ~ama msnnsr ~t vvifh Mortyayor Without in •ny way vitiating or~dischar9iny t}u Mo~!gaflon' liabiliry h~ra
under or upon the debt hereby secured. No sale of the premius heraby morfgeyed and no forbearartce on tfie p~r1 of tht MORTGAGEE o~ its a~cu~ors
or ~aeflrtt •nd no ~xtension oi tha time fa the paymrnt af the debt heroby sec~red given by the MORiGAGEE or it~ successors w asiiqn~, shall op~r~t~
b nl~aN, disc~arQe, modify chengm or affett the oriflinat I?ability of the MORTGAGOR herein, either in whol~ or In part.
10. It Is ~pecifically sgreed that time i~ of the esunc~ of this contrect and thet no waivar of •ny obligarion hsrevnder ar of t!» obliyation c~•
tvaid henrby sh~li st any time thereafter be he!d to be s weiver oF the hrms hereaf or ot the in~~rument secured hsrby.
~
1 t. fn ~ddition to the foreqoing monrhly paymeMS of princ pal ~nd interest required by the prom;asory note secured hereby, mortgegor tovananri
•nd eprNS to pay to mortflagee w~ih eech monthly peymer.t en adclition~l sum estirnated by mort~;;~ee to be equal to 1/i2 ~f tht annua! tott of tha follow-
inq:
A--41ti ~~al property texrs levied or essessed again:r tfie abova dr~oibed real rstate.
D-Premiums on fire •nd wind~tarm insurence a~ herein roqu;~ed ta bs urried on the +mprovemrntx situate on the ab~ove deicribed premises.
C-P~emium~ on such mortgagr g~aranty insurance es mortgagee ~half from time to time deam fit to carry on the loen aecured here6y.
Mortypee thall from time to time no!ify mo~tge9or in writirtq of th~ amount due and paysbte hcreunder and •uch sum shaN ther~vpon ba1 dw ~nd
psyobl~ on tiwa due dete of the next mortthly payment rnd eech successive month thereafter until mortgegee ihall notify rtwrtgsgor of a chanq~ in ~uch
~rreount. Such ~umf ~hall be applied by mort9a9e~ taward ihs paymant of real property texes, inwronca ptemiums, ~nd mortgaq• gwr~nty inwrar~c~
prsmium~.
I~WITNE55 WHEREOF, tF» uid MO~~~~~D AND htfC~~fSL3G~al ths day •nd ar first aforesaid.
r»e,,~..i.d .~d d~i~ i~
(.l ~ ca ~~~t~,~ .~~f~}~- r~~8~ 9 0 0 K
~ ~ J / ~ •D
- r - - ~
ti.~
` '~5 JU~ 19 PN! 3:2'~ ~
cs..q
STATE C?F ft.URIQ~ •.A i ~
~ ~O±~±rr:p~,:' ~ ~S`~„~ Lucie BOGE~ ~§bi~~atZt,S, C~ERK
s.~. r+~. c:..~;+i~ .na~?ea - ST. LU C~~~ fiVl~_
. J . ' l -rjII
~Qg~ ~n6
• ' " ' - H~S~l1"'TCLTiS TY,l~'I' . hii wifr, to me wa~l known ind knawn ta rt» ro F»
~!Mn l~ivjd~wr+r ds+vib?d' Irr ind who ~x~cursd ttw fotpoiry In~trurr»nt, and ~cknowl,edyod befor• me th~t they sxecuted tfia wrrw for tM purpas~s
~FN?~f+~ s~~aMC~. Mx! tfi~ ~aid _ H~ n ri e t t a~'y 1 c r~; ~
tlrlf"s. -A~s F~' I V O Y';~ ~.'~1 C I' ~pon a ite~»rat~ ~r?d privat~
~x~r4i?ytia'+ b9r n~'ta~n,-i~pP(+rt'~ apd •psr~'frc~r~+ hsr i~id hu~b+nd, acknowiedp~d 10 •nd bafor~ mp that aha ezecutad s~id ir,~trurtxnt frt~ly ~nd volwr
NriF~' +nrf wil~t ~ny_,comp0ltid~, cons::sint? ~d¢r~hsnsion, fear of w from ?e'd hu~b~nd.
~ 9~h y ''~u~.y
~:,yy~tN~ mir ti,:~ .~,d o~~.~ ,:.i ii,1* y 1 d~ _ A. D. 19=..1
.
- ~ -
- ~ i.t . Not~ry Publi~ In a or Stot~ of Fiorida •t l~rq~
, . , ' My Commiuion txpir • ? ~ J~ ~
Return~- Xv» ; ~ ~ . . _ l .7
Citis~n~ F~denl Savin~ 'i ~to~A~' Xas~tiNion . ' • ~ , .
' ' ` J;':'. 6, ~
of St. Lueio Cew~ty' , l'~Y Co:n-~; Fx~ at ~arr,~
Ft. Pierce, F!a~d~, ' ~ R . " ~y:. ,
•'r~ BOOK 1~~ ~ . r .