The URL can be used to link to this page

Home My WebLink About0869 Te p1~t~ ~nd oa+timia»1y kMp on tM buitdirps now o? hk~~ft~r ~stv~t~ oe+ sald Isnd w~d o~ ~II equipmeM ~nd pMOn~~~Y cow?~d by M+i~ n+wu?' g~ wirh ~q pn~niunr tM?~ paid in fvil, fir~ lrouranc~ in rl» usual ~ta~dard policy fam, In a ~un+ approwd by 1h~ MIORiGAGEE. ~nd wk~d~lorm Mawann 1~ tM ~wal uae~d~rd pWkr foreo tn • wm ~pprov~d by rM MORT(3AGEE. in ~ucl~ comp~~y w camp~ni~a as tM MORTGA(iEE ~nay dlnNt ~nd ~ii fi?~ r+d windrlwm imwa~a~ pOI1CN~ o~ ~ny of wid 6uaMinps, ~ny int~r~st tFwrain or part tMKwf, in tM aqqnQa?~r wn~ afa~aaid or In ua~ th~ewf, duil cont~in tM vawi tt~hdwd mortqaye~ cl~we or such wFMr tl~vt~ a tM Morty+y~+ may r~qvin. makhq 1M los~ undn said palk dN. ~ch ~v~Y, wr•ba ~o wid MORTGAGEE its interest may app~ar, and ~ach ar~d ~vary avth policy ~INIt b~ prompfly as:yn~d s~! d~livM~d ro . My h~ld by trid IMORTWGfE ~s furthw t~cwiryr to safd maty+p~ d~bt. ~nd. ?wt len tM~ t~n (10) days i~ ~d~~nc~ of th~ ~xpiration of each potiq, ro dr hJrr b Nid MORTGAGEE a rrr~val th~[~of, top~tlwr wilh ~ ~KSipt tw tM prNnium of wtl~ r~n~wal; ~nd tl+N* shall br tw fin or windstorm insurancs plae~d on M1r Of said buil~npa, any inta?qt tMnin o? part thereof, unl~i~ in 1M fiorm and with rM lau pay~bl~ as ~forHaid; ~nd in tht tv~nt iny ~um . of money b~cOn»~ parasb und~r wcA po(ity a polkie~ uid MORTGAGEE sMl! Mw tM option to recsive ~nd ~ppiy tM wme on sccount of th~ tndebt~ nws s~tuhd Mr~by w 1o p~rmit said MORTGAGORS lo rsuive and w~ it w any part ihereof fior other purpoaes, without thereb~ waiving o? ~mpai~- inq ~e?y puitq, li~n a ripht w~ wr by virtw af thic morrq~s •nd in the ~va~t wid MORTGAGORS tMl1 fw ~ny reason fai! ro ke~p tM s~id pr~rn~u~ so M~rnd, o~ fai) fo driirw pranptl~? any of s~id policits of le»ur~ne~ to sakl MORTGAGEE, or feil pr ~mptly ro pay fvlly any pr~mium therefor w i~ anY eapset f+il a p~rform, eiisclwye. uneuh. ~iket, eompl~n, oomply wi~h snd abida by this eowna?,t, a u+y put harwf, said M01tTGAGEE may pl~ce •nd paY for wth Misw~ or ~ny p~rt 1Mr~of withoui w~Ninp or aff~ttieq aey option. Ibn, puity, or ?i9F~t urd~? or by virtw of thi~ Nbnqape. ~~ed the iull aMO~wp ei ~ ad ~ry wch paynwnt shall b~ imrnedi~t~ly du~ ~nd peyabb ~nd sholl bar int~rou from th~ d~~~ ther~oF ur~til paid at the rat~ ot nint prr ta~nhrm p~r a~e?u~n and topather wifh wth intsrstt ~hall be ~ecvred by tl+~ liu~ of this mortpapa. 1. To pwmit, eanmit a suffa' ea w~sM, imp+irm~nt a deterior~tion of uid propKty or any ps?f thsrwf. S. To pay ~II ~nd slnput~r tFw costs, cherqa~ ~nd expensas, includiny a rsasonable attorney'i fee and cosn of ebtt?~crs of title, inc~ned or paid ~~y tirrh by ~eid M4RTGAGEE, betsute or in tM ~v~nt of the failare on tiwe part of tM said MORTGAGOR ro duiy, promptly end fully psrform, diuhary~. ~xKVI~, eff~tt, oompht~, Cemply with and ~bide by sath and ewr~i- tha ~tipvlatiau, p~eemanb, tonditions, •nd cown~r.N of teid promissory not~ and this mortgp~ u?y or ei~h~r, ~rKJ ~aid taath, chuQa and ~xper~ei, each and ev~ry, ~nail iH immodiateiY due ar+d p+ysbla; whethe~ w rat ther~ be notica da w~and, ~ttempt to coll~tt or wit p~ndirg; and tha full amount of sach and ewry wch payment thall bear interaat from the dat~ thereof u~til paid at the rHr of nin~ p~~ cantum p~~ annum; and all said ms», charyet and expensat inturr~d or paid, together with tuth interNt, shall bt wcvr~d by tM li~n o4 4his ~q~ 6. Th~t 1~ tM avrnt of My bneach of thU Martgip~ ar default on the part af the MORTGAGOR, w(b) in ths ~wnt any of said s~rru of monty hN~in t~fNr~d to b~ rwt aromptly and f~~ly paid within thirty (30) days next efter the sartH seve~ally betoms dw •nd payabls, without d~mand o? notict, or (t~ In tM tvrnt each and 'very the stiputatiurn, sgreemenn, cenditians and cov~nann of ~ald promissory nare and thi• rtwrtq~q~ a~y w either are not ~ly, promptly u+d fully perfwmed, discharped, exetuted, effetted, tompleted, complied with and abided by, then in eitMr or any tuch event tM said p- prpat~ wm rrwnlion~d in ~sid promiuory npte then remaininy unpaid, with iaterest ~ccrued, and al~ moneys sKUr~d htr~by, shall become dw and pay- ~bl~ forthwith, w TIIKNNM, at th~ opticr. of said MORTGAGEE, a~ fuliy and completely aa if all of the said sunr of money were wiyinally stipulated to br paid on svth day, anythinp in said p~omiaory r.~te or in thif Mortgaye to the contrary notwith~tandinp; rnd th~rsupon w thareahK at tha opt~on of pid 1NORTGAGEE, withaut notic~ a damand, ~uit at law or i~ equity, therefore or thereafter beq~n, may b~ prosetut~d at if dl moneys setured her~by had matured ptior to iri institution. 7. That ie~ tM avent that af the beginninq of ot at any time pendinq any ~uit upon this Mortgage, a ro la~eclow k. or ro r~form It, or to eeeforu p~yment df ~ny daim~ h.are~ndrr, s~id MORTGAGEE shall apply to the Court hsving jurisd~ction thereof for tht appointm~nt of • Raceivet, ~~ch Gourt shall Fo~thwith ~ppoint a receiver of iaq! morty+ged property all •nd singutar, indvd~ng a~l and singular the ineome, profits, iuws +nd nv~nues from whate~er wurp dariwd, esch ind ~very o# which, it beinq expressiy unders~ood, ix hereby mortgaged as if specifically xt fortfi end desaibed in th~ yra~~inp •nd habendvm clavset hereof, and weh Receiver shali have all the broad and effettive fun<t~ons end powen in anywise ertfrussed by • Co~rt tp a Receivar, •nd tuth appoin4ms~t sfiall ba msde by suth Goun a~ an admittrd equity and • m+tter cf •bsolute r:qht to iaid MORTGAGEE, and without refennce to tha ~dsq~ety w in~deqvxy of the valw of the proparty mortgaged or to the solvency or iniolvency of ~a~d MORTGAGOR or the defsrxlant~, and that ~uch rents, profiri, tncome, iuuts u+d revenues shall be applied by such Receiver sccord~nq to the lien o: s;,ui!y ot t~id MORTGAGEE aM! the prsctice of suth Court. 9. To duly, p?omptly ~nd fulty pe?form, discharqe, exacute, effect, complete, comply writh e~~ a~side by rach and every the t'ipulatior~s, agrc~ements, conditiont and covenants in wid p?omltsory note snd thi~ monga~e set forrh. " 9. That in the event the owncrship of tne mortgaged ptemisa, or eny part thereaf, becomes vested in • parwn other thsn the MORTGAGOR, the MORTGAGEE, ?ta suctessors end ~ssigns, may, without notice. to the MORTGAOR, deal with •vch eucteuor ot paccessor in interest with refer~nce to this morty~pe and the debt hereby tecured in tho .ame manner as with Mortgagor wi~hou~ in any way vitiatiny or d;uherging the Mortqegor~' liability herr under a upon the debt hereby aecured. No :ale o~ t~ z N~r~~~~;~: ~ o~e:,y i~w~iyey6v r.- forbearenta on the pan of the MORTGAGEE or iti succesaon or auigns and no extensian of the time for the payment of the deb~ hereby se<ured qivenvby the MORiGAGEE or its ~uttetsors or astiyna, ihall operate ro raltae, di~charpe, modify change or affect the original liabil~ty of the MORTGAGOR herein, eithrr in whole a in psrt. 10. It is specifically aQreed that time is of the essence of ~hia contract end that no waiver of any obligaiion herevnder or of the obliyation ie- tw~d Mreby fhall at ~ny tfine thereafier be held to be a waiver of the terms hereof or of the instrument tecu?ed F+erby. 11. In add~tion to ihe forago:ng monthly payments of princ'oai and interest requ~red by the promiswry note secured hereby, mortgagor covenant* snd iqrees to p~sy to mortgsgee with eath monthly eayment an additionel sum estimated by mortgagee to be equal ta 1/12 of the annual tosf Of the follow- inq: A-All real property tases levied or assessed again~t the above deuribed rea~ estate. B-Premiums on fire and windstorm insuran[e as herein requ~red to be tarried on the improvements ~it~eta on th~ above destribed premises. C-Premiuma on such mortgage guaranty insurar~ce as morfgagee ahall from t~me to time deem fit fo carry on fhe toan tecured hereby. Mwtgagee shall from time to time nofify mortgagur in w.itina cf tha amo::n! due and payable hereunder and such sum shall thereupon be due and payable on the due date ef the next monthfy payment and each successive month thereafter until mortgagee shall notify mortgagor of a change in such ~mount. Suth s~ms thall be applied by mortgagee towa~d the payment of reel property taxes, inYUrance prem~ums, and mortgage guoranty inautance pr~miums. IN WITNE55 WHEREOF, the said MORtGAGOR haa hereunto set his hand and seal the day and ye~ first a~oreasio. _ Mcl, •(ed en~ Ilvtre tht p esence of: " ~ -=L-ll~'~•--L~iG'~--~~~f~~~`"12~ (c..ol) -~aI) ~.ai) (Seel) STATE OF FLORIDA ~ courm oF Sain~Luci• 8efae me personally appeared - T~ore t ta E Elt~F fl V~ ddiil X?~d ~ TR'NMe, to me weU known and known to me to bs th~ individw de~cribed in •nd who exearted the forcgoing instrumtnt, and ecknowledged bafore me fhat execu~cd the same for the purposea fherein exprsssed. Md-tI+A~~sa~ld~ aI19 wlfs'ef'T17~'tAltl ~ "'tlRd'N'!"5lp~?A}~/h~"~71fi1~Nf` e~anr~rnn+~r,-bf ~++s,sl~e~er srpann~-arntap~?rf~n+~?,rr~~t Musba~-etknewt~a~ te~ann~r~ ~r+a x~at ~~tb~e~eUS~a satt!-7nsmmienr nder~ Tr,ti~vatonr ~.ilr~~ei~os~-w+~cen+p~ehia,rcer+sx~rrr, ~epprehtrmleir,~iea~efi~er~f~nrl+ersaldi~esbsnW ' a WITNESS my hand s~d official seal th~: ~ _ dey of Ru +~St' . ..Y..~~, A. D. i9~~?Z ~ ' ~ ~ ~ i ~ . __L. ~ C-~" ~ Notay Public in a~d for the State of ~brida t a at l~T~'e . My Commiaion expir~{ptary Pubiic, tate ot F~'~~ 1~5 Return 70: tJly COmmisson txp~res NOV• 3~ fin~ Fsderal Sevin9s 3 loen A~sociatfo~ rw~ffr , Bon~:ed by Rmencan Surety Co. cf N. 'r. JFi~IK~ ~ C~f Fort Pierce. sQC~ + E~,.' i f''" ' „ • FoA i'icrce, Florida - ~ ~ .~ti:• , ~ 2 ` 36 ~ ~t~ Q~-"~~'~;: - _ . ~ s~~ a . ~ ' ~ R • yr:.;~. .r. : ~ . ~ «t' ~~~;:'f;., *iSj ~UG . _ X ; c~ . 1.3'7~10 : ~ ~~s o v • , : _ . t p R ; . ~ : i ~ p • - r ~ r~ ~ cl..C.f1~ /~t< ; . RQ~(E~ P4~~ ~O~~~Y k • i.}?•~:.....~:;,~> . : ~ _ ST. ~13C~~ p ' : flv ~ ~ , ' • ~Q~~i~!'A $.r, f!/J.~fISS1::t'•1t °~ti'-~ ~ ~~'r , _ 0 R 26? ~ .~r"'~i~ UC~f `c • ' BOOK ~``r~~trtit~in~~t~~`~ ~ ~ - ~ ~ _ • - _ _ _ - -