HomeMy WebLinkAbout2154 ~
~ i
. .
1. Te plao~ ~nd oo~Newe~wly ke~p on th~ buildirg~ now w MrwfMr situ~N on said land and on ~ii puipm~nf ~nd pKtnnaily cov~r~d by thi~ rncup•
a~, with ~I) prtmium~ 1Mr~on prid in full, fire insur~nc~ in tM ~rwl st~rdard policy Eorm, in • sum ~pprowd by fhe MbRTGAGEE, u~d win~twm
k~er~ncr tn tlw wwl ttand~+d pnlicy hxm, in a sum ~pprov~d by tM N10RTGAGEE, in such company w comp~ni~s u~M MORTGAGEE may
dlncb and all fi.~ ana wirwhWrm irnur~nc~ policia~ a+ rny of ~sid build~ny~, any {ntrr~ft ther~rin or pan tM.eof, in tM +qq~~y~tt wm afa~sa~d or
In w~tw tlwr~ef, sMll ea+taFn tM wwl standard mortgaqee clav~e w ivch othsr clauss n tM Mo.ty~Q~e m+y requir~, makinq ths lou under s~~d poli~ ~
tfM, wri~ and ~vay, payabl~ t:, s.id MORTGAGEE as its imerest may ~pp~ar, and each and every auch policy sh~ll b~ prompNy us.qned •nd d~liva~d ro
, amr IMId by wId MORTGAGEE furtMr s~curity to ~id morr~aq~ debr, snd, nw !~u fhan tsn (10) dsyi in advance of tFk •xpiration of e~ch policy, to d~- -
~:v~r M wid MOftTGAGFE • r~e~ew~l tMtwf, tap~th~r with e rx~ipt for tht prtmivm of such ?~nswef; arx! th~n ahall be no fi~e or winditorm insur+nc~
plao~d on ~ny of taid lwildinps, any iMerest thK~in or p~rt thereof, unless in tM form and with th~ laas p~y+ble ss afor~s+id; ~nd in tM event any sum
of moe»y 6~ecomes pay+bl~ v+d~r wch polky o? polici~s said MORTGAGEE thall Mvs tM option ro receive and ~pply the ume on account of the indebted-
rnas s~cur~d Fw~by a 1o pamit feid MORTGAGORS to ~eceiw ~~+d use It or any part thereof for otner purpose~, without the~~b? weiving or ~mpair-
ktp My puity, IiM w riqht und~r or by virtw oi thu mortgaq~, and in tM weht said MORTGAGORS fhall for a~y reawn fail in ketp the ~aid premise~ so
havhd, w fail to ' r promptly any of said policies of inwr~nt~ to s~id MORTGAGEE, or fail prom,~tly t~ pay futly sny premium therefor or in ~ny
?Np~ct fail ro ar~, diachuye~ fX~CUf1. ~ff~ct, complete, comply with a~d ab+ds by this cov~nant, or any part h~rwf, said MORTGAGEE may place end ;
pay for weh Mw~~nu w~~y p~rt tl~eof wirhouT w~irinq or ~ff~cHnq any optioe~, lian, puity, or riyht und~r or by virtw of thi• Mortqap~, ~nd the
fuN a~nnun! af ~ach and twry wci+ prym~M shall b~ immediately dw and p~yabl~ ~~d eMll ba~r interest from th~ dat~ thereof u~til paid at the rat~ ot ~
nirw p~r untum pw annum ~nd topethar with ~uch interest shall be secured by the li~t~ of thi~ rtwrtq~q~.
4. To p~rmit, commlt or wffer no wasta, impairmtnt w deterioration of taid propsrty u any pert the?eof. i
5. To p~y all ae~d ~inp~la~ ths cotts, charyes and ezpen~et, includiny a reason~ble attwney't fsa and costt of abslractf of title, incurr~d or p~id sf
any tima by aaid MORTGAC:E, beca~ee or in the event of the failure on tha part of ths seid MORTGAGOR fo duly, promptly +nd fvllY parfwm, diuharg~.
~x~cut~, ~ffett, tomplth, comply with and •b~de by each •nd every the stip~lations, agreementi, conditions, and covenants of sa~d promi~sory note and thii
mortp~gs ~ny or either, and said cotri, cF~arpes and ezpentes, each and ~very, shal! be immadietely due and paysble; whether or not there be notice ds
' enand, sttempt to collett w tu+t pendiny; and tha full smount of each and wery s~ch payment :hall bear intereat from the date thereof until paid at the
rste of nine per centum per annum; and all i~id cosrs, charge~ and expenses incurred or paid, ta~ether w~th ~uth intertst, thall k» tscured by the lien of thi~
^wrKi+q~•
6. TMt (a) in the ev~nt of any braach of this Mortpaya or default on the perf of the MORTGAGOR, or (b) in the event ¦ny of taid sum~ of money I
hK~in referred to be not promptly and futly paid within thirty (30) days next after the •ame a.:verally becoma due and payable, without demand or noti<e,
at in th~ rwnt each and every the itipulatinns, agreement:, conditions and cove~snts of sa~d promiswry note and thia moriga9e any w•ither sra nol
~vly, promptly ~nd fully performed, d~schsrged, executed, effected, completed, complied with and abided by, then in either w any ~uch ~v~nt the ssid +p~
prpat~ sum mentioned in said promissory rtote then remai~ing unpaid, with interest accrued, and all money~ secured hereby, ~hall betome due end pay
•bl~ forthwith, or thereafter, ~t the option of said MORTGAGEE, as fully and completc~y at if all of the ~aid sum~ of money were origin~Ily ttipu:ated
to bu paid on tvch day, anylhing in said promissory note or in this Mo+igsqe to the tontrary notwithatsndinq; and thereupon or thereafter at rhe option of ~
uid MORTGAGEE, without notics or dert:and, suit at law or in equity, therefore or thereafter begun, may be prosecuted if sll monayi ~ecured hereby
h~d matur~d prior to i!s iratit~tion.
7. Thet in the ~vent that af the beginning of or at any time pending any suit upon this Mortgag~, or to foretlost it, or tc reform It, or to enfores I
paymant of •ny cla~na hereunder, said MORTGAGEE shall apply to the Court having jurisdiction thereof for tha sppointmen! of a Receivtr, such Court shall
forthwith •ppoint tr reteivQr of ui~ mortgaged property a!I and singuler, includmg a{I and iing~tar the irncome, proiits, istues and revenves from whatever j
wurce derived, each ~nd every of whith, it being expreasly understood, is hereby rnortgaged as if tpeufitally iet forth and deacribed in the yranlin9 and I
hab~ndum clavtes hereof, and such keceiver shall have al! the broad and effective funct~ons and powere in anywise entrusted by a Court tQ • Reteiver, and I
, such appointment ~hell be made by such taurt as •n sdmitted equity end a m~tser of ebeolute right to riaid MORTGAGEE, •nd wiThout referance to tha ~
~doqtracy or inadequacy of the value of the property mortgaged or to thc sowertcy or insolvency o( said MORTGAGOR a the defendsnts, and that •uch i
rents, profiri, income, issues and rsvenuea shall be applied by such Receiver accordinfl to the lien or equity of wid MORTGAGEE and the prattic~ of such !
Court.
i
8. To duly, promptly and fvlty perform, dischar~e, execute, effect, complele, comply with and abide by e~ch end every the stip~lationa, egreement~, i
tonditions and covenanro in said promissory note end this mor.gage set forth. ~
9. That in the event thr ownership of the mortgaged premises, oi any part thereof, becomes vested in a pcrson other than the MORTGAGOR, tha ~
MORTGAGEE, it~ tutteuon and essigns, may, withour notice to the MORTGAOR, deal with such s~cce~aor or wccessor in interest with refrrtnte to thi~ I
mortqaqe and tha debt hereby secured in the same manr.er as wifh Mortgagnr without in any way viliating or d~scharging the Mortgagori liability her~- ~
under or upon the debt hereby sec~red. No sele of the premises hereby mortgaged snd no fo~bearante on the pert o( ih~ MORTGAGEE or iti successort
a assigns and no extention of the time for the payment of the debt hereby secured given by the MORTGAGEE or iti successora or assignt, ~hall operate ~
ro rflease, distharqe, modify change ar affect the original I~ability of the MQRTGAGOR herein, eithrr in whole ar in part. ~
10. It is spet~fitalfy agreed that time is of the esxnce of this contract and that no waiver of sny obligat~on hereunder or of the obliqation se-
tured hereby t~hsll at any time thereafter be held to be s waiver of the terms hereof ur of the instrument tetured herby. I
11. In addition to the fore o:n monthl a mente of ~nc' ai and interest re uired ~ the romisaor note secured hereb mort a or covenant~ ~
9 9 YPY P' P Q Y P Y Y. 99
and egrees to pay to mortgagee with each monthly payment an addirio~al sum eat~mated by mortgagee to be equel to 1%12 of the annual cost of the follow- ~
iny:
A--AII real property taxes levied or assessed agai~st thc above destribed real estate. ,
B-Premiums on fire and windstorm insurar,ce as here~n requ~red to be carried on the improvement~ sit~ate on the sbove described premises. ~
C-Premiums on such mortgage guaranty insurance as mortgagee ahall frcm time to time deem fit to carry o~ the loen secured hereby. +
Mortgagee shall from time to time notify mortgagor in writing af the amount due and payable hereunder end tuch sum shall thereupon be due end i
payable on the due date of the next monthly payment and each successive month thereafter ur,til mortgagee shall notify mortgagor of a change in such i
•mo~nt. Such sums_ ~hall be applied by _mortgagee toward the payment of reel property ta~,es, iniuronce prem:ums, and mertgage guarmty insurance i
~re4nwr~Si.-- -
ItF'-LW#NRSS V9HEkEt~P;'Y#~e!teieF~i~lUit7GAGOR has hereunto srt hii hand and seal tfie dey and yrar first tfores~id. E
~9nj~l "fe~:i = •~-efivpr'e~d iriYfiie presence o4: ~ ~
J ~ t ~ -(Sea1) I
- • i5~~1)
f~ire~) I
_ _ tgeal) ~
STATE Of Ft,ORIDA ` ~
cauNr,r~= :r.- f ~~~cf:e~ y ss. `
i
fd~?d~. „t:~Ho±,en;"~ppea?ed . , aT. Brent~ev ~hirard e„d ~
+~i~~R.+i~iGhj ~.T'.~.Z'-1~.--------- - hii wife, to me well known ar~d knawn to me Io be !
,the in~~wYq:Ylaw~iM) 4p-,aad:wl+o eaecuted the ta~~goinQ 6nstrvm~nt, rid acknnwledged befone me that ~hey e~~ewrad shs sarnt fnr M+~. purpc~es
~
al~~,~p~e~,~r~d:r4e.aa~~ I~inda S~ChirArd I
~,~ieb#'r~:'~f~ , B~-ble Schirerd .
' upon a separate en~3 PrWat~ ~
~k~miRiiio~ yF i~b` ta~'en~sepb"rbte a~d apeit~ from her said husbenc, atknowledged to and before me thas she executed said inatrJment freely and vo~un-
iaikr,~a~:vtjtlq~{?~~snq:.ceaq~Wsioµ. <ens?rsirit, spprshension,~gr fear of or from htr taSd iwsband. f
'6i he rv~ if~,ial,~ea~ this dey of_ A. b. 1~~._
.?~w(.•.'~ ~ •i ~f~~9 .t'?~ 'S'~ j Z~ ' . . , .
lr.~ r
~ 7-Lia aC!Q.~ ~~•n,~o;4 •~:•}~!N4 ;+~t, _ 1
a.:~~•:~ ;M ;•v. ....~•l_~.' . _ . . .
~~~~J~~; ' Notary Pu fn nd fbr the 5tate Of Ffortda at ~LrryYi ~
~r.;,3~ b'~SC~ ~ .t.;;~dur~n o r 'a°t , ' AAy ~ssion ~xp~sf: ,
~ 4 ~ t F I~ A N D R E C O R p~ D r~oary Ru~tc ~ ata~. a. ror±ea .c rar~ ~
. ~ ~~1 ~ban ~ ~ls~ciation ~ •
c~~ i N ' E O O K MY Casnmtssion F~cRittis Ai,~. s, 2~~ ~
~ ; - ~ a~o~.a ex:
~mwkan ~ ~o. a~ Y~,. ~ j ~
j":""`'.'i-~` `h'~?-1tl?CE; FIO~ida `~F / _ °J~' ; ~ c i ~ i ~ ~ _ _ - ~
r~ • . ~r~{rj~~ .Yr.ti' r. ~ I
,:,c~qr v~{; i d~!!!^~n• a%!~ c~~ , ~ N~f i
. s~,2 7:~•.Bi i!! l~.i,ti`'~'I.Jq. - . . ~ ~ ~ 7. ~ ' , . . ,j
~.1N~k_N2 Y~•^,B!C~~. . v i ~1 ;,4~s ti. , . , ~
.^.fliUSti u' :i}'; i'Ijt ',i l.^t~ ~ . . 4 ~r(w''}. ~.)~_Jt~ , , ' r ~ '
~ .4. ~.,.f ~J i '
~
~z~~~..~riio:~ OE kc.:i 61r-~, . . . ~OG€R POlTRAS. CLERK , ; , . ` ; ~c~~
- ST. LU~IE COUNTY. ~ ~ ' . . ~ _ ~ '
> .
.
A .
Fl~R1D ~ - , - •
. . .
- _ _ _ - _ _ - - - _ . , _ ,
. - - ;
• - ;
:yi'r i~s^;.~:n.~ ,ti~~ •j •~y~''_ _.ti , . '
~ P r-. ~'~i, .~~t,~:
BQOi~~ . ~ , •
~ ~ l
~ - - -