HomeMy WebLinkAbout0831 :
~
~
,
3. 7o pt~u and oaMiewowip IcMp on tM bvildi.p~ now or hrr~~He. utu~t~ on ~aid Iw~d ynd on wN oqukrn~nl ind pKwn~ly oevrrrd bY 1hi~ ma`?~- ;
a~, w1Th aN pr~n~lu~r 1hM~on paW in f~ll, firt in~unncu in ~M u~wl iu~da~d policy f~n?, In ~ aww approw~ b1r tM MORTWIGEE+ Md `Nindstam .
inwc~nw h~ tM wwl itandrd policy faia. i~ • wm appreswd by tM MO~Tl3AGEE. L+ wci~ comp+r+Y p~~ ~s th~ MWRTGAR'aEE nNY
f~wtfJ snd a!i Nr~ ~nd windt+oren krur~r?a poiicies on any of a~d buildinp~, ~ny Int~r«t thnNn or part 1Fwwf. h th~ pp?~p+t~ wn~ aforNdd a -
in Woc~M IMnaf. ~4M1) I+a?~ain tl~ uwal atrndqd matqaye~ tlavrr or wrl+ othM claut~ a fM IlAottq+qN m~Y nq~+ir~, m~ItMq Nv leN wMlM ~po~4
d~a, Nth and wMy. O~Y~bb b Nld MOR7GAGrEE p its intere~t mar app~ar, and Mch and ~wry wtA polky ~I+~II 1~ p?anpNY ~ai0^~d ~nd d~l~ ~o
; . anr hdd by MW MORTGAGEE a fwehK sswrity to said mortgye d.br, and. not las tMn t~e? (10) dayt in ~dvanu of thi ~xpiration ef ~ polky. 1o dr
~ btiM to Nid MORTGAGli • nn~w~l tlw~wf. lop~tF~ with a rer,aipt fa tM prM++ium of a+xh r~xwal; ~nd tlwh sfiall M no fin a windsronn iMwanp
plrpd qn a+y oi wid buiMinp~, a+y int+?~st tMrtin or part ther~of, vnt~ss in tM torn+ ~rid with ~M laf p+ysbl~ .aa efays+W~ and M+ tM ev~1 M'+1~ sun~
ei ~y bkpnw p~yabie w~ wah polkp ar polici~s said MORTG~4GEE ~hall luw the option 1o r~aiw ~~d e; tt+f. anrK on Kaount nf t!r l~d~bt~
nw ~w~d lw~r w b p~?it wid IMflRTGAGORS to r~ceiw ~nd u~ it e~ a~y put tMreof fw othe. uu~parN, without thNeby w+iviny w impair-
Mp ~ny ~quity, li~n a ripht ~nd~. ~or by vtnw of thN morrpaya: and in ~h~ event wid MORTGAGORS r,hall fer any naaon f~il ro kNp tM wid pnmia~s w
Mwnd, ar t~tt to drlivtr premptly any of said polici~s of iro~~ranc~ to aid MORIGACEE. or fsil promptiy to pay hrlty any pre~ni~en tiw~efw a M any
rap~ct fail b pKfam, di~ciwrqe. e:~wt~. rfhct, compl~te, comPly wirh ~nd ~bid~ by this tov~nant. a any pan Mrwf. aId MORTGAGEE wwy pl+ce snd
WY fa wd~ inwrance et ~ny part 1Mrwf without w~ivinp w affecNrp +nY oPtion. Il~n, ~quity, a riQM unda w by vinu~ of this hlatq~. ~nd iM
full wroum of ~ach ~nd ~wry wd~ p~ynvnt sh~fl b~ inwmdiat~ly ~~nd payabl~ a~d sl»II 6ear intect~t from tM dat~ tlKr~of w+tll paid at tM rah el
ni+w p~r cMtum p~r annum ~nd toprtMr with such interest shall be ~ec~red by tM li~n af tF?i~ n+on9apr.
To pKmlt, oommh or wfF~r no wost~, impairment w deteriorition of s~id p~operty or ~ny pa~t tMnof.
5. To p~y all +nd skquia? tt+~ cwh, ch~rpea ~nd exper+tes, irxludiny a»awnable ~Hom~y i fe~ srd owh of ~btr~ct~ of titi~, tncurc~d or p+id ~t
~ny tim~ by wid MORTGAGEE, b~twN o? in the event of the failure on th~ part,of t!» said MORTGAGOR to duly, promptly usd fully p~rfonn, diathar~t
~xecv», ~fhtt, oompl~q, comply with and ~bide by aech and every the itipul+tioria, iyreim~nts, conditiam, and wwnan» af said promitwry noM ar~d thw
moripp~ ~ny or ~ither. ~nd u!d coah, d+~rpes and expenses, each and every, sF+~ll bt imm~diat~ly due ~nd pay~bl~; wMtl+~r or rat th~r~ b~ notiC~ d~
mand, ~t»mpt to eolNet w wh p~~die~y; u+d tM full amount of each end warr ~uch payrtwnt ~l~all bs~r ir~»nst fran tM d~~~ th~?eof until psM N tM
r~t~ of n1n~ p~r pntum p~r ~nnum; ~nd ~11 said wsts, charyea and expenses inevrr~d w p~id, tog~thtt with wch Int~rrl, shall b~ s~t~+?~d by t!M li~n Of thi~
6. Ttwf (a) in tt» ev~nt of ~ny br~ach of thi~ Mortgaqe or defsult on the part of iM MORTGAGOR, or (b) iR tM ~wnt u~y of s~id wms of mon~y
Mr~in r~f~rnd ro b~ not promptly and fully paid within thirty (30) days nexf after the seme ~eva~lly b~com~ dw end pa~~bl~, wfihotrt d~n+and M ewtit~,
a(~ in ti» ~v~nt ~~rch and ~wry tM stipulations, egreements, conditions and covsnanta of ssld promiuory not~ and this mortpsp~ any or ~Mhsr ~r~ not
~uly, prompNy ~nd tully p~rfo?m~d, ditcharyed. executed, effectad, compl~ted, compliad with a~d +bided by, t!~ in ~itMr w~ny ~uch ~wrM tM ~aid ap~
pr~yst~ wm r~tioned In ~sid promiswry nots then remaining unpaid, with interest eccrued, and sll mor~tyf t~cur~d. her~by, slNII b~Cw~N dw ~nd pa1"
~bl~ forthwith, W tF1KNftN, at tM option of said M4RTGAGEE, as fully and completely a~ if •11 of the ~sid sunN of monsy w~ro aptnally atipul~t~d
to be paid on t~ch dsy, snythinp in said p~om~ssory note :~r in thi~ Mortgaye to the contrary notwirhstandinq; and tMrwpon or th~nafter ~t tM option of
wid MqRTGAGEE, without noticy or demsnd, suit at law or in equity, therefore or thereaft~r bequn, inay be pt~oMCUt~d a~ if all mornya Ntvrrd Mr~by
~ had matur~d prior to ih irutitution.
7. YMt in tM ewnf that ~t tM be9lnning of w at any time pending any suit upon this Mortpay~, or to fondoM k, or to nfOrm H, or to Mfotp
paymant of any daims hKtunder, said MORTGAGEE shall apply to the Ceurt having jurisdiction tlter~of for tM ~ppointm~nt of a R~taiwt, weh Courf shall
~sthwkh ~ppolnt a tlteiver of sai~! mortyayed property all and singula?, intlud~ng all and singulrr tM intOmr, pro}iri, luws ~nd r~vMUN from what~v~r
~o~rp deriwd, e~th ~nd ~v~ry o~ which, it beiny •xpressly understood, ia hereby mortgeged af if tp~ufit~liy s~t fortfi ~nd dMwib~d in tIN pr~ntirp ~nd
hab~ndum clausn h~reof, ~r+d wth R~ceiwr ahall Mve a~l ehe brwd and effective funct~ons end powers in ~nywis~ sntrust~d by • Court tq a R~eeiwr, and
wch appointment ihall be made by wth Court as sn ~dm~•ted equity and a matter of absalute riqht to said MORTGAGEE, ~nd without nf.r~na to th~
~deq~~cy or in~qwcy of tlu val~e of the property mortgaged or to the soivenry or insolv~ncy of aid MGRIGAGOR a 1M difsndanq, ind that wch
rents, profi», Income, i~wes ~nd nvenues shall be epplied by such Receiver accordinq to the lien or puity of atd JMOkTGAGEE artd tF~ practit~ of suth
Court.
8. To dvly, prompNy ~nd fully p~fwm, discharcq~, execvte, rffect, complet~, comply with •nd abide by ~ach ~nd ~v~ryr tM sttpul~tia?a, ~pnem~nri,
co~ditioru e~d ooven~nh in s~id prombsory nota and thi~ mortgagr set forth. ' ~
9. That fn tM ~wM the ownershtp ot the mortg+yed promisst, or any part thereof, becomea vnt~d in ~ p~non otMr th~n tM MORTGAGOR, ths
MdRTGAGEE, Ms ~vcussora and s~siyns, may, withoW no~ica to the MORTGAOR, deal with iuch wtuasor ot M+cMStor in irttsr~~t with nfK~a to thi~
mortgap~ and fM debt hertby setured fo tha same manner aa with Mortgagor without in sny way vitiafing or dirtl+arpinq tFN Martqsgenl' llabllity herr
~nder a ~pcm the dsbt hereby secvred. No tafe of the premise~ hereby mortgaged snd no forbesrancs on tM pan of tM MORTGAGEE w itf svtctswn
w euigru and no extension of the time for the paymert of the debt hereby secured piven by 4he MORTGAGEE w its ~ucussort or as~iqns, shall op~ratt
to rel~us, diuharpa, modify chsnge or a{fect the original lia6ility of the MORTGAGOR herein, eitMr in whols or in part.
10. It b ipetifically ayraed that time i~ of the easence of this controct end that no waiver of any oblipation Mr~under or of fl^N obliqation ~r
cur~d hereby ihall st any tlme rhereafter be held to be a waiver of the terms hereof M of the instrument secur~d Mrby.
11. In addition to rh~ f~regoing monthly payn:~nfs ci princ'pal and inrerest required by the promissory not~ ~ecurtd heroby, morfaagor ~ownantt
snd aqrees to pay to mortpaqe~e with each monthly paymant an add~rional sum estimated by mortgayea to be eqwl to 1/12 of ths annwl cott of fh~ follow-
A-Ali real property taxas levied or ~sseesed against the abnve descri5ed real estate.
B--Premiums on fire and windstorm insurar,ce as herein requ~red to be tarried on the improvsment~ sitvat~ o~ the ~bov~ dtatribed pr~miset.
C-Premiumt on suth mortgage guaranty inau~ance as mortgagee shail frcm time to time deem fit to carry on tMt lo~n secund Mr~by.
Mort~agee fhell from time to time notify mortgagor ~n writ~ng of the nmount due a~d payable hereu~der snd tuch sum ~hsll th~r~upon be du~ and
payable on the due date of the next monthly payment and each successive monfh thereaftar unti~ mortgagee ~hall notify mortgagor of a thanQ~ In fuch
amavnt. Such ~ums ~hall be applied by mertgagee toward the payment of real property taxes, insvrance premium~, •nd mortp~y~ quaranty insuranc~
pramiumf.
IN W{TNE55 WtiEREOF, !i~e said MORTGAGOR has hereunto set his hand and ~eal the dey ~nd y~ar first afor~ssid.
' rn S~ ~d an deliw i~ th presence of: ~ •
~
•I)
~-•n
STATE OF FLORIDA 1
courmroF St. Lucie ~
Before m~ psno~ally appeared ~QZd~ZL_p~ T.rAW~~ and
~8110~ F ~f.$ his wife, to me wefl krrawn and known to me to bo
tFa IndivEdwls desuibed in and who executed the foregoing instrumant, and ackrrowledged befors ms thaA they ~xecuted tF~e sams for th~ p~rposes
therein expressed. Md the taid Naney P. L9~Ii.8
-
wifa of ths ~sid ~$~.t~6I~ P. L9M~8 ' , upcn e sep~~ats ~nd privat~
exemination by ms taken separate and apart from he~ said hu band, acknowledged to and befors me thst the execvted said in~trument fretly ~nd volun-
tarily and without ~ny compulsion, constnint, apprehens.iyan~ fear Cf or from her said husband.
WITNESS my hand and official seal thin ~ dey of A. D. 19~_
~ _ ~ L~p~_ ~
~
Notary Publk in sex! for the Suto af Fbrida at L~r~
My Commiuion eaQirls:
Return To: C'(~R~E"'v P~bltc, SWt!~ af F~orid~ 3t i~5
~ ~Np RE NQta~ mm;ssion Exp:res No.. Y.
fint F~dsr~l 5avinys d. loan Asiociation ~~~.E ~0 My Ampry~an SuretY C°• ot N•
Of Fort P~erte. ~N _ 8anded bY
Port Pierce. Florida ~ L ~ ~ `
. , ~ 9 ; p3 . y~ .
,65 p~ g ~3 . ' " -
~ ~ : ~3~ . .
, z~ ~
~ci`'J.''vt - ~R S CLERK ' - , `''rn v ~ .
~4• , A ~ •
ti c_ . ROG~R pC1E COUNTY. , - I~~ ~
: ~ .i~- i ~ r~' , ~ ST. LU , :
, : - ~LpRIDA
y~ i~'~~ ~r~:~v ' ".T~~':~ :
, ~r : . :
_
.
• a R ~2~ 22~ , ~ ~
'~f, Ur ~ ~ BOOK N ~
.~~..~c~ 'tl,~ jrr~:+t~:+' _ ~ ~