HomeMy WebLinkAbout0833 a
' To u+d k on tM bvi now a MrNhw ~itw~ on satd land ~nd on dl puip~mnl w+d p~non~lhl caww~d by N~is w~orM~
~ willr a~~ ~f~11, fin irnw~anc~ in tl» vwsl ~t~e~dud polky b~m, in a sum appro~wd b1i tl~ MIORTW?GEE. +^d wM~dstam :
M~u?ww in tM uswl ~andard policy fam. M a wR+ +pVrawd bY t1N MDRTGA6EE, M wd~ aon~paeY a aon~pa~ies a M» MdRiCrAt3EE n+~y :
dlnct~ ~nd aN iir~ ~nd wtnd~to.m NNw~na pdkia on ~ny of taiJ buildinpe„ ~ny Ml~n~t t~tsM w p~rf N~caof, in ~1+~ pqrpah w~++ dorNaW a '
in ~~n» N~w~ef. d?~N oonhin tM wwi u«~d~rd map+~ cl~ w wd+ alNr daua~ a IM MOr1Q~~! 11NY f~Y1Ni• n+akMq tM Iaas ~nif~+ +~++d Ao~~
dw. weh ~nd w+ry. PeY+~bl~ w N~d MORiGAGEE n in Inrorsat may app~r, a~d Nch ~+~d ~very s~eh policy sM~l b~ promptly us:9n~d ~nd deliwr~d to ,
+~e~r h~M ~y s~id MORTQAGEE ~ fwtMr sKwity ro asid mwtyapr d~bt. and. aot Ip~ tMn t~n (10) ~ys i~ advanc~ of tM ~xplration of ~wch policy, fo dr
hv~w w~ald MORTCs/?GEE ~~vwl ti~+wf. tapr~Mr wiM a nuipt fe. ?Fr P++mium of wd~ r~newd; wd tl~~ ~lwll b~ no fin o? windatwm irnur~nc~
plapid on any o~F tdd bvi~, ury IntsrNt N+~+in or part tl»reaf, unl~as i~ th~ fwm ar~d with tM los~ payab~ ifo»raid; ~nd ir tM ~wM +~+y tum
ef inenq b~oen~ p~y~b1~ wid~r weh potky w polich~ uld MORTGAGEE sMH hew tM option ro rx~tve .~d sppir tM sam~ on +tcw+~~ of th~ i~bted~
Mp aco•~d A~nby or ~o prrmit aid MORTGAGORS to na7v~ and ~ M w ar~y pan therwf for orhor purpoaea, wifhout rhereb~ weiviny or impah-
Mq any puitp. 16rn w ripht w~dK ur by vi~w of Nw mortq+per and i++ tM ~we+t aaid Mflit7GAGORS shall fa ~ny ~wwn f~il to keep ti» uid pr~mises ~o
NMw~d, o~ faU b ~Mliwr pranptly ~ny of uud polircie+ af i++sur~nca fo safd N10RTGAGEE, or f~ii pramptiy 1o pay it+11y ~y pr~mium thaefa or in ~i~y
rNp~ef f~il te pKfaeen. diKl+arq~. ~x~cuh. ~fhct, w+~P~~. ~^P~Y with ~nd ~bid~ by thi~ wv~r+ant, or any part h~?wf, said MORTGAGEE m~y pl~a ar~d
piy for wsh MMwa~o? a arnr prt tlw~of without waiviep o~ ~ffwlnp anr mptbn. ~Ib+. +cWlh. w ripM under w by vlrtw of thia lMortyaps, and the
frti ~mowM of we1~ and ~wry Nxl+ p~yn»nt tMll bf i~n~di/~ely dw and p~y~ble and ~F~all 6Mr iMrnst f?om tl» d~t~ thn'sof untii paid ~t tM raN ol
Mrn pK pntwn pn anewm snd tpp~ther witl? weh int~:rest shall 6a sucuned by tM li~r+ of tha r+`orfpay~.
4. To p~rw~it, aenwnit a wff~r no wah. lmpairrrNe?t w det~rior~tion of s~ed propKty or My p~rt tMr~of.
S. To pap ~N snd dnqula? iM caats, charpea ~nd expa+saa, includinp a?NSOn+bls ~ttorney's fe~ u+d cosri of ~bstrut+t nf titl~, fncwTed or paid at
My tim~ by s~id N10itTGAGfE, b~c~ws or M tM weM of ths failw~ on tM p~rt oi tM satcl MORTGAGOR to duly, promptly u~d fully parform, discha~.
~x~cuN, ~ff~ct, corwpl~q, tompFy with u+d abid~ by ~ach ~nd ~wryr tM stipulations, preemen», condirio~s, •nd cowr~•nn of ~aid p~omiuory not~ ~nd this
n?orqp~ ~ny w~i~lwr. and wid cwta, cfiwpe~ and ~xp~r?ses, ~ath ~nd ewry. sMll b~ immsdiatsly dua ~nd p~yabl~t whatMr or e+ot Men be r~otiu d~
m~nd, ~tttmpt to toll~ct or wH p~ndirpt anr! tlw full smount of exh snd evsry wth payment shall bear intKest from tF?~ dste thereof until p~id ai tM
~~t~ of niM pM untvm per ann~en: ~nd ~tl ~aid wsts, charyes and expense~ incwred or p~id, togather with ~ud+ int~nst. shell bs s~cured bp the li~n of thif
~natpapw
6. TM~ (a) in the ~w~+t of ~ny broach of thls Mwtyaye or default on the part of the MORTGAGQR, o~ (b) in tM ~wnt ~ny of ~aid sumt of mon~y
h~r~n r~fKnd to b~ nof promptly and fully paid within thirty (30) days next afttt the same sereralfy bacom~ dw snd p~yabie, without dem~nd or notics,
a(c~ M1 MN twnt Nth a~d ~wry th~ stipulatians, ay~re~mtnts, conditions and covenants of uid promiswry ewte and thi~ morfqa~e any o~ ~ither srt nut
~ufy, prwnpHy and ivlly p~rform~d, diuhary~d, exacvted, rffected, compl~ted, complrod with and •bidad by, th~n in sitF?er or ~ny such ewnt th~ said ~
pnp~t~ wm mentior?~d {n qid promiuory nota then ranaininy unpaid, with intemst accrued, and all moneys s~cur~d. heraby, ~hall become dw and p+y~
abl~ forthwiMh, w tlx~eaher, at tM option of s~id MOltTGAGEE, a~ fu11y +nd comQl~tely u if ill of the said wms of money wen aiyin~lly stipul~tet~
fo b~ paid on suth day, ~ythinp in said promissory nota or in tfiis !Nwtqpe to the ~o~ntrary rwtwithst~ndinp: and th~?eupon or thereaft~r ~1 iM option of
t~Fd NMON?GAGEE, without notiu or demarrd, wit ~t law w in ~quity, iherofore or tMresft~r !>egun, rnay be prosscuted u if all maxys aeturvd Aeroby
FMd matur~d prior to its kqtitvtio~.
7. Tiwt M th~ ~wnt that af the bsginning of or at any time pendiny any svit ~po~ thia Morty~ye, w to for~tlow it, or to r*fern? it, or to w+foru
p~ym~nf o~ ~ny diims Mrevnder, aid MOR7GAGEE ahall apply to the Couh h~viny jur#sd~ct~on therwf for tM ~ppointrrernt of • RecaivH, iuch Court shsll
Forthwith appoint y r~teiwr of s+i~ mortyay~d propsrty all and sin~~lsr, i~clud~nq sll and sinqul~r t?tr ineorrK, profit~, iuuti •nd rewnues from whatever
w~rq d~riwd, eath ~nd ~wry o~ whith, it bsiny expreasly underttood, is Mreby mortgaged a3 if specifecally ~et forth •nd destri6ed in the graetinq ~nd
habendvm cl~wes htreof, ~nd such Reeoiwr shall have sil the broad and effective funct~ons and powers in anywise enfrusted by a Covrt tp a Receiwr, ~nd
~uch ~ppoint~nt r!?all be mads by such CourG u+~ admitted equity ar+d a m~tter of ebiolute riqht to ~aid MORTGAGEE, ~nd witFwut reference to th~
~dsqwcy or in~quacy of the v~lw of the proparty mortys9ed or to the wlvency or insolvency of uid MORTGAGOR m the defendenri, end that such
r~nh, profits, income, iuues ~nd r~venues ~hsll b~ epplied by such Rec~iver stcordinq to ths lien or p~ity of uid MORTGAGEE and tha prsdiu of such
CouR.
8. To d~ly, promptly ind fully p~rfform, discharqe, execute, eHed, complete, camply with end abid~ by each u+d ~very tM itipuletiont, +~prr~men»,
cmditiom nnd wvenanb in ~aid promiuory note and this mortgage set forth. " ~
9. That tn the ~vent the ownenhip of the mortgaqad promisea, or any pan thereof, becomef vstNd in a p~rwn other than the MORTGAGOR, the
MORTGAGEE, Ib sutte~sort and ess'~ns, may, withoui notice to the MORTG/rOR, de~l with such sutc~ssor or wtc~asar in intare~t with nf~r~nc~ to this
mwtyp~ ~nd tM debt Mneby secuned in the iame mannar aa with Mortgagor without in any way vitiatinq w disch:rpiny the Mortgagon' li~bility Mra
unax or upon the debt hereby ~ecured. No s~le of 1ha premise~ hereby mortgaged •nd no forbear~nc~ on tF+~ part of tl» MORTGAGEE a it~ s~cces~on
or assifl~u ~nd no ext~nsion of the time fw rhe payment af the debt hereby ietured piven by the MflRTGAGEE.or iq ~ucceuws or astignt, ihall op~r~t~
to nlesse, diach~rpe, modify chenge w effect ihe original liabiliry of the MORTGAGOR hereirt, titt~er in whole or in pa~t.
10. k i~ tpecificafly agreed thst time is of ths essence of this tontrstt end that no w~iva~r of any obliyetion heravnder w of the oksliqotion sa-
aursd Iwreby ~II at any time thereafter be held to be a weiver of the terms hereof o~ of the instrument secured herby.
11. In addition to the foregoing monthly payments of princ'pal and interest required by the promiuory note secured hereby, mortflagor covenanti
and ayrees to pay to rr,ortgagee with each manthly payment an additia~al sum est~mated by mortgagea to be equal to 1/12 of the annu~t cost of the follow-
I~q:
A-All real property taxes levied or esseased aga~st the above described real estate.
B--Promiurm on fire and windttorm insurance as herein requ~red to be tarried on the improvemenh •ituete on the sbove described promioes.
C-Promivms on auch mortgage gusronty insvrsnce as mortgagee shall from time to time deorn fit to urry on the ban secured hereby.
Mortyeyee shall from !imm to time notify mongago? in writing of the amount due artd paya6le hereunder and such sum shall ihereupon be due end
payable on the due dale of the next monthly peyment and each suttessive month thereafter until moRgagee ~hell notify mortgagor of a changs in such
•mount. Such sums thall be appiied by mortgagee toward the payment of reel property taxes, insuronce prem~ums~ and mortgage guaranty imurence
premiums.
I WITNESS WHEREOF, the said M(7R7GAGOR has hereunto set his hand and aeal the day snd year first afor id. Q
, Isd a li ed in tha presence of: ~ ' r-
~ el)
(Ssa~
. _ _ _ (Seal}
r5eap
STATE OF FLORIb/1 1 _
cour~rr oF Saint Lucie y s`s''
before me porsonally eppsared `~?o]Q11~8 R'. ~iA21A]C~T1Ap? a widoyer ~
_ i~irw~ife, to me wrll known and krtown to me to b~e
th~ l~vid~ daicrib~d in ~nd who ~xecuted the foregoiny instrvment, ar+d xknowledged befwa me tha9 ~'6 executed the ~ame fw the purposef
lI6
lh~re&~ ~aprsssed.
m~i~ ~
WIl'NESS my hand snd official ~eal thi day of A. D. 19s~.
~ .
, - ~ ~~~1 ~ ~ .
- . 1,~ ~ V ( ~ ~
: • Notsry Public in,end for th~ St~1p v~ ~ff°La~pi'
p~ My Commissian expirp: ' . . b~: _ ~ - '
Retum To: F I L e~ ~ V ~ E K ~~`Z' fj? r. I,.~, ,
First Federal Srrvinpi 3 Loan Association Q ~-~t • u ':I~ -
Ofi Fort P~erce. ~ N ' ~ ~ '
NQ'iARY PUBLtC; STATE of FLO~DA a~ LA
furt Pierca, Flwida 1(' C
„ • • ; , _ MY CUA4MISSION EXPIRES APt~. ~
~ . ••~t~~,~"' '65 ~L~ 9 AM 9 : 03 -7~'' .
: : s: ~
5 . , ` • O~;fr J 'i • ,''~•,r` ^
~ v ~ ~ ~ ~ ~ .L3`~Sti ~ ~
4 ' ~ • w ~v ~ V~~~~~ ~ ,
~ ~ c"~, ; . ROGER PUITRA~. ~TYRK
' ' ' - COUN .
- : - ST. LUC1E
. ~ ~ ' ~ ' ~ r~.
. r ; . ' - FLORIpA
t / , ~ 0 R
~~''~~~.~=~r~~-"~~' ~ eooK124 ~31
; ~ ~ ? y
~ ~