HomeMy WebLinkAbout2039 A.~d ~aid Matp+qor~. fa tlwmi~lvas and th~ir heir~, ip~l represent~tiv~s. ~ucc~ua~ ond ~ui9+a. Mr~by jointly •nd NvN~IIy tOViMf11 ~nd prM
ro~nd with tM t~id MORTGAGEE, irs s~<cesson and a~s~yna:
1. to P,y •II ~nd singul~r th~ principal and int~rasl and 1F+~ v~riou~ ~nd ~undry ~urrq of moneY paY~bl~ by virtw of Nid promiqwy not~. ~nd Mi~
mortq~ye, r~ch and wery. P~on+ptly o~ tM day~ r~spect~wly th~ ~im~ wwrally becom~ dw.
2. To pay •II a~d •inqul~~ ths ta:es. ~u~~smrin. I~vies. li~biliti~~, obliy~tions ~nd tncwnbr~ncN of ~wry r?~t~r~ ~nd kind now on ~~id dNCr+b~d
p~opeHy. w th~t hN~after may b~ impowd, tuff+r~d, Plat~. Itvied. or asteu~d tl»rwe~. a tMt i+~~~afhr may b~ I~vird w ws~w~d upa+ 1hb Nbr'p-
p~, a tM ind~bt~dn~s~ secursd hrnby, ~~ch and wtry, wh.n dw a~d p.y.bi•. ~ccordirg to i~w, b~fw~ thtv b+come d~li~4w^`, w+d b~fw~ ~„y In»~t
attachss a any pen~ltY is incurred; AND INSOFAR AS ANY THEREOF IS OF RECORD TNE SAME SHAII OE PROMPTtY SATISFIED AND ~ISCH/1RGED OF
RECORD AND TNE ORIGINAI OFFtCIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR TME SAYISFACTION PAPER OfFIC1AllY fN00R5ED
OR CERTIFIED) SHAII BE PIACED IIV THE HANDS OF SA16 MORT(',AGEE WITHIN TEN DAYS NEXT AFiER PAYMENT, and in th~ ~wnt tMt •ny th~rwf is not
paid, tat~sfied and dischargea sa:d MORTGAGEE may ~t •ny time pay the same w any part thereof wirhouf w•. inq or affectin9 any o;otion, li~n, eqvity or
•iqht ~ndsr or by v~rtw of this mongsge a~d the full •movnt of e~ch ~nd every suth payment ~hall kHe immrdi~tely du~ •nd pay~bl~ and ?hall b~ar in!cr~s~
F.om the d~re fhertof untit paid at rare of ~iyht per centum ptr annum and toqeth~r w~th ~~ch int~rast ~hall be secursd by th~ li~n of th:s rnorpt~y~.
9. To p1~o~ end oontlntrtw~ly kNp on th~ bufldir+ps raw or Mr~aftp wtuah on s~id Isnd ~nd on ~II ~quip*wnt ~rd p~non~lly cowr~d by thl~ mortp-
ap~, wifh ~q pr~rniw+a thrr~aa? p~id in full, fln ir+wnnq in tM uw~l ~t~ndard policy fwm, in • wm ~pprowd by tl» MORTGAGEE, a~d windstorm
IrNU?~np In th~ ~»wl tt~ndard poliq form. In a sum ~ppror~d by tM MORTGAGEF, in ~uch cam{»ny a compunlq a thr A10RTGAGEE m~y
dir~ett w~d •Il fir~ ~nd windstam inwr~~q pollciN on u+y o(, aid buildinp~, ~~y tnt~.~st tMr~In a p~h tMr~of, In tM +ppry+t~ wm ~iwes~id w
k+ ~xnu tMrwf, ~II cont~in tM usual ~t~nd~rd mwtqps~ claus~ w auch otMr clausr u the MwtpaqN rrNy r~quir~, m~kl~p tF» lou und~r ~~id polE
dp, ~ach an~ wwy, p~yabl~ ro s~1d MORTGAGEE ~s its intKrst may spp~ar, ~nd Nch and ~vey such pol+cy rMll b~ promptly ~u.pr»d ~nd d+livtr~d to
~ny iv?!d by s~id Ml7RTGAGEE as furtM~ s~curity ta said mor*p~ drbt, ~nd, naf I~u tM~ ten (10) d~ys tn advant~ of tM •~piration of ~~ch policy, to dr
(iwr to wld MORTGAGEE a r~n~w~l ther~of, roQetMr with • nc~fpt for the pr~m,um pf ~uth r~new~l; and iher~ ~h~ll b~ no fir~ or wind~torm inwr~nc~
pla~~d on ~rry of w1"d butldinp~. ~ny intentt ther~in or p~rt tF~erwf, unltt~ in th~ form ~nd with tM Iwi paysbl~ ~for~t~id; •nd in tM ~v~nt any svm
of nwMy b~com„ pay~ble under ~uch polfcy or polici~s said MORTGAGEE ~h~ll h~v~ tM option to rec~iv~ •nd ~pply tM Nm~ o~ ~ccount of tM Indebted~
rwu s~cvrrd h~rtMby w to p~rmit awid MORTGAGORS to raceiw •nd uie it or •ny pu1 thereof for other purpose~, without thereby waivir+g o~ impair-
Mp any puity, li~n a?iqht und~r or by virtw of rhii morry~y~r ~nd in tM ~v~nt wid MORTGAGOR5 ah~ll fa ~ny ra~wn f~il to ke~p tM s~id pr~mises so
irnund, w fail to d~llver promptly •ny of s~id polici~~ of fn~unnc~ to s~id MORTGAGEE, or f~il promptly to pay fully eny premivm th~nfw or in •ny
r~ap~ct f~ll to p~rform, ditcharpt, ~x~cutm, ~ffM, compl~t~, tomply with and abide by thi~ tovenant, or any part herwf, uid MORTGAGEE m~y pl~ce and
p~y tw such Iruursr~t~ w~ny p~rt tMreof without w~iviny or aff~ctinp •ny optio~, li~n, ~quity, or riqht under or by virtu~ of thi~ Maty~y~, ~nd ths
f~ll amou~t of Nch ~r?d swry tuth p~yment shall be imm~di~tsly du~ ~nd p~y~bl~ ~nd ~h~ll bear i~tertst from the dal~ tfierwf until p~id at tM rat~ ot
nin~ p~r c~ntum p~r ~nnum ~nd topstMr with tuch intereu ~h~ll bs s~cured by tM li~n of thi~ mortyay~.
To ptrmit, OOffH111t Of iUffN f10 W~~t~~ Imp~irment w detsriontion of said prop~rty w•ny part therwf.
S. To pay ~II and slnpul~r tlw cwts, ch~rqa end txpen~~s, includiny • n~sonable ~ttorn~y's fN and cast~ af •bstr~c?~ of tiN~, incurnrd or peid ~t
any tim~ by said MORTGAGEE, btuua a in t!~ sv~nt of 1M f~ilure on tha ~rt of tl» wid MORTGAGOR to duly, promptly •nd fully perfam, diuharq~,
•x~cut~. ~ff~cr, compl~t~, comply with ~nd ~bid~ by ~xh ~nd ev~ry th~ stip~latioru, eqrkmenh, tondition~. ~nd covenanri nf uid promiswry not~ ~nd thi~
rrwrtqp~ ~ny o? •ither, and s~~d cwts, ch~rpes sn~ •:psnses, each and ~very, shall b~ immedi~t~ly dus ~nd piyable; whetMr ot not thrr~ b~ notit~ dt
mind, ~tt~mpt, to collect w svit pendiny; and the full ~maunt of each end wsry ~uch p~ym~nt ~hall bear intere~t f~om rh~ dat~ thereof until paid •t tM
rate of nin~ per tentum per •nnum; and all said costs, charpes and ezpenses i~curred a paid, toyeth~r with such interht, shall b~ secured by tM li~n of thia
mortpp~•
6. That in tM event of any bresch of thi~ Mort~~y~ or default on tlr paA of ti» MORTGAGOR, w(b) in tl» av~nt ~ny of s~id wms of moruy
h~r~In nhrr~d to be not promptly •nd fvlly paid within thirty (30) dayr next •h~r the umi sewrelly becume d~e +nd p~y~bl~, witlwut drmsnd or notic+,
or In tFw ~wnt eath and ~v~ry tM ~tipulations, aq~eement~, conditiona •nd cov~nants of Hid promitsory ~ote snd th~• mortflpe ~ny w~ithar ar~ nol
~uly, promptly •nd }ully p~rform~d, d~xharged, ezecuted, effected, tomptated, compli~d with ~nd abided by, then i~ either or ~ny such ~v~nt tM said ~
pny~t~ wm rrwntioned in s~id promitsory note then remeininfl unpaid, with :it~r~st accru~d, and ~II monayf tecured her~by, ~h~l) b~come dw ~nd p~y-
~hl~ forthwith~ Of tF1l~NFfff~ ~t tM optian of ~~id MORYGAGEE, a~ fully and compl~tely a if •II of the ~~id sumi of money wer~ wpin~lly ttipul~Md
to b~ paid on sutfi d~y, anythiny in ~aid promiuory note or in thii Mortya9e to ths contr~ry notwithstandinq; •nd ther~upon or ther~~h~r at th~ optioe~ of
~add MORTGAGEE, without notice or demand, suit ~t law or in equity, thersfwe w th~n~ft~r bequn, may be prosacutsd aa if •!1 mon~ys ~ecund htr~by
Md m~tur~d prior to it~ institution.
7. TMt In the everst that ~t the bayinninq of or ~t any time pendiny iny tuit upon this Mertyaye, or to foreclase it, or to refor n N, or to tnfarp
p~ymsM of any cl~ims h~r~under, asid MORTGAGEE •h~ll ~pply to th~ Court havirp juri~diction ihareof for tht appointment of a Receive!, tuth Co~A th~ll
Forthwith aprwint a ree~ivar of uid matqa9rd property •II ~nd singular, in<iud~nq all •nd finyul~r th~ income, profiti, i~tueo ~nd revenws from what~ver
wurs~ derlwd, e~th and ~very of which, it beinq ~xpreuly understood, i~ Mreby mortq~qed es if spec~fically ~et forth snd described in !M yraniiny ~nd
hab~ndwn cl~usea her~af, •nd ~uch Receivtrr •hall haw sll the brwd and rffettivs functiom ~nd pawers in snywise entruxted by • Court to ~ R~uiv~r, •nd
•uc~ ~ppointrrwnt thall be made by such Court a~ +n +dmitted eq~ity +r+d a rtatt~r of ~b~olute riyht to wid MORTGAGEE, and without r~f~rence to th~
~dpuaty w fn~dsqv~ty of the velue of the prop~rty mony~y~d or tp the totvency or inio~venq of sald MORTGAGOR or tM def~ndanri, ~nd that euth
rK+ri, profits, intomt, istues +nd revenue~ shall be •ppli~d by ~uch Reseiv:r ~ccordinp to th~ lien a equity of s~id MORTGAGEE snd ihe ~ractic~ of u+ch
Court.
8. To duly, promptty and fully perfo~m, discharye, ezecute, effect, complete, comply with •nd abide by each ~nd ~v~ry the tttpulatinns, pnemsnb,
oa~difiora and cov~n» in said promissory nott ~nd thi~ mortyaye set fwth.
9. That in tM event thf ownenhip of ths mortgayad premi~e~, or any part thereof, becomet veited in a perwn otMr th~n th~ MORTGAGOR, tM
MORTGAGEE, it~ tuaeuors •nd as~igna, may, without notite to ths MORTGAOR, dt~I with tuch su<ccuor or t~cce~sor in interest with r~fennu to this
matQap~ and tM debt Mreby secured in ths t~me mann~r n with Mong~qor wilhout in any wey vitiatinp ot ~diuherginQ tho lNortg~ori IlablliT~r hert
undet a upon the debt Mreby setured. No ssle of the pnmises hereby mortysyed ~nd no forbeara~ce on the part ot the MORTGAGEE a kt sutuuon
p ~ssiqns ~nd no ~xtrnsion of tM time fw the payment of th• debt hereby seturtd qivsn by tha MORTGAGEE or it~ sucu~son w~stiqr»,:~iK~llNptr~t~
b nlsn~, disck~ry~, rnodifp ch~ny~ nt ~ffecf tM oriflinal li~bility of tM MORTGACaOR Mnin, ~ither in whole w In part. ~ -
10. It b specifically +pr~ed th~t time i~ of the etwnc~ of this cont?act •nd that no weivsr of ~ny oblipstion herevnder_.p~`Qf~thj.obMy~flqn i~•
cw~d hK~by shsll at ~ny tim~ thereaftar b~ held to be a waivsr of ths t~rrtu Mr~of or of the inatr~ment tccured hsrby. ` r.,': ' .
11. In addition to the foraqoing monthly piymants of prlnc pel •nd intereit required 'oy the promiswry nate securtd MUrk,~y;' fiu+?yi~qr cowri~ni~ ~
and ~yr~ to pay to mortyafle~ witfi e~ch mo~thly payment ~dditional sum estim~ted by morrg;,gee to be equa! to 1/12 of t11r annq#!~cott'af'tM ~o11oWi ~
- ~ i- _ . . -
A-All nal property t~xea levied or assesxd sy~inst the ~bave dexribcd real estata. - "1'- •
B-Premiums on fire •nd winditorm in~urence ss herein reqvirad to be carried on th~ improvements situate on the •bov~ aesv~;p?~mwes." "
C-Pnmiumt on iuch morty~qe gusrsnty insurmce ~s morty~ye~ shell from tim~ to time deem fit to carry on the loar~ s~cGt~d'i~ir~~fy.' `
Mortypa~ she" from timt to time notify mortgsyor in writiny of th~ •mount due and p~yabla herounder end ~uch aum tMfY.~}id+vpon~~e~,dw ~nd
poy~We on the dw ~t~ of tM next monthly peyment and ~~ch ~ucces~iJ~ month thare~her until mortgagee shsll :ratify mortqaqw'ofi~ chanps in ~uth
artro~nt. Suth •urrs~ ~h~ll b~ ~ppli~d by mortgafl~e tow~rd 1M paym*nt of r~~l prop~rty t~xes, lns~r~nc~ prem~um~, •nd mortpay~ pu~i~nfy thwr~nc~
pr~m(vrtu.
IN WITNESS WHEREOF, said MORTGAGOR has~i`reunto !~'~'ha~ ry~ ~tFh day first afo.resaid ~7 ~
Siyrnd, 1 • d~l ths pr~ f: ~j~ fA ~QrY t~ ~ ~ ~~f~ ~//1 ~
~ ` "f11't i• ~ ~ .C~/L`. ~
- ' . . O~L,~%'^c'~'Y
" ~ -,~-+~h
rs..q
'65 SEP 7 PM ~1 : I 8 -
:~;Z
~ STATE Of fLORIDA , ,
tourrnr oF _ St Luc1e --~~~pGER P~1 i i;r,S. ~CLERK
. y~~l~.~~~let~'' ~,a
s.f~.•:~. y:wei~.uy :pR.nsd
, ~
~~,r • - ~ hi~ wift, to rt+~ vwll known •nd known fo rt~ ro b~
1hr kNli.~idi'~4 dycribrd !n •inj! vyho •x~cut~d tM forpolnp imtrvm~rN, ~r+d ~dcnowledQtd befon rr» th~t tMy •x~cvt~d tM sarr» fa tF?~ purpo~at
`~,;,;d~~; _ Jo Ann Allen _
w+F. a~/~!i .~i . ~ , ^ • ; _ ~pa, , ..P.,... .na p.w.+.
~a~nbutioti by m~ tik~+ Mpa~?~ ~1+d ~pert from Mr saSd husba ~cknowl~dped to ~nd b~fws rrw that ~h~ •x~c~t~d aid Irutrum~nt frM1y snd volwr
t~rflr =~+c~,Kitpb~~t~ c~rrl~iuRpn,-+carutraint, apprehe •~pn, w 4e~r of a from h~r taid hvsband.
'~;ITItiESfi.mY ,+I~d_~ A. D. t9~
MrK! v~'fitisl Eei? rd d.y •
,
~,~i ~
Notary Publk In ~~d f 4tat~ of Fiorfd~ ~f lup~
Mr Commfuion axpi~
Return ~To:
~ 1'1ota~Y Pt~htic. 5+.`~ nlsF?,,~:~~~ lt ~a~g
Citi:~ns ~d~r~l Savin ~ i lo~n Aueciation 1~5~
Of sl. ~11C~! COW1~ UtiLTf1 ~y ' ' , . . a~'r
ft. Pi~rco, Flwids '