HomeMy WebLinkAbout0328 And uid Mwtppon. fw thems~Iva ar+d th~i~ Fain. Ip~l r~r~knt~tiws, avtuuon and +uiyrn. Mr~by iointly and t~wr~fly cov~nt ~~d ~qrM
ro and with tM wid lNORTGAGEE, ~t~ ~ucc~aa~ +nd ~uiyn~:
1. To pay •il and ~inpul~r th~ principal and int~n~t and ~M v~?~ov~ and wndry a~m of n+a»Y paYabb by vir~w af wid prwnia~wY +wH, ~nd ~l~is
mortp~y~. ~ach ~nd ~wry, promptly on tM d~ys r~ip~ctiwly tM ram~ ~wrally b~con» dw.
x. To pay +11 snd sinpular th~ taxes. ~m~nn. I~vies. liabiliti~s, obl~patioea a~d N+cvmb~~ncN of ~wry nNw~ and kind rww o~ sald d~wib~d
P~oW~Y, a th~t hK~afta may b~ impw~d. wff~?~d. Plac~d. I~vi~d. or a~esNd tMnon. a tA~t i»nafn~ may b~ I~vi~d w M~wd vPp+ ~~~4'
p~, or tM ind~bt~dn~a wcvrrd h~a~by. ~ach and ~very, wha+ dw ~~+d payabl~. ~ccwd~np ro law, b~fwe tMy b~can~ d~lirqwm, a~d befor~ any G?Nrwt
~tt~cha w~ny pa+~~?Y is incurred; AND INSOFAR AS ANY THEREdf IS C1f RKORO TME SAME SMAII aE PRON1PTlY SATISFIED ANO D15CNARGED OF
REGORO AND THE ORIGINAL OFFlCIAI DOCUMENT (SUCH AS. fdR INSTANCE. THE TAX RECEIPT OR THE SATISFAC710N PAPER OFFICIAILY ENOORSED
OR CERTIFIED) SHAII EE PIACED IN THE MANDS OF 5A10 MORTGAGEE WITHIN TEN DAYS NEX'f AiTER P/1YMENT, ~~d in tM ~vtnt iF+N ~~y tMrwf b no?
paid, tst~~fi~d and diuh~rqed s~:d MORTGAGEE m~y at ~ny tim~ pay th~ sims o? +nY WH the~eof without w~ivinp w~ff~tfinp ~ny aption, li~n, puity w
.ipht ~nd~r or by virtw of this mortqaqa ~nd th~e full ~mount of ~ach ~nd wery wch p~yrrknt ~hall b~ imm~d'+at~ly dw ~nd pry+~bb ~nd ~F+~II 6Ra~ iof~+r~st
From th~ d~tt therwf until p~id at r~t~ of ~ipM per t~nfum p~r annvm ~nd toqNhN wi?h ~uch int~r~st ~MII 6e sec~r~d by fhe li~n of th'~ motytps.
to plro~ end aontYNwwlY IwP on 1M buildinpt now w herwfhr ~twt~ o~ sa{d land ~nd en all ~quiyxn~M a~d pawn~lH oovw~d b1l ~~~P
p~,, wNh dl phn~Iw~w N~wra+ p+~id in iull, Hr~ Waw~na i~ rM wwl u~nd~rd polky fam„ in • sum appvowd by tM MORTGAGEE, and wlnd~torm
Mrw~na M tM wwl st~nd~rd policp forn?, M~ wm ~pprw~d by tM hWRTGAGEE. in wch con+pany a oanp~niM M th~ A10RTGAGEE rr»r
dintfi ~nd dl fin ~nd wind~torm inwra?a polkiM on ~ny oF wid buNdinp~, ~ny MtK~st 1Mr~in w p~A tMrwf, b+ tM pqrp+» sum ~fot~ld o~
M ~eaM tlw~of. ~i?~11 oont~M+ th~ uwal at~ndard mo?typ~~ d~w~ or wch otlw c1auN n Nw Matyap~s m~Y ?~9uin, makinp t?w 1os~ ur~dK s~id po1E
tiw. Mch ~nd w~ry. WY~bI~ b a~id MORTGAGEE ar iri int~rrst may ~ppN~. ~nd ~ach ~nd ~wry such policy shdl b~ proroDtly us.srnd and d~livK~ w
~ny htld by wId MORTGAGEE a furthx a~turiry to s~id monq~ d~bt, N+d, not lai+ thsn t~n (10I days In ~dv~nu of t!» ~xplrrtian of Nch polky, ro dr
pvK ro uid MORTGAGEE ~ r~rwvwl therwf, fop~thK with ~ ncNpt fot tM pr~mium of wth r~ntw~l; and thMn ~MII b~ rw fir~ o? windstam IMVr~e+c~
p~a~yd on ~rry pf wi"d buI{dirpt. ~ny intenst 1Mr~ a p~?1 tharwf, unt~ss in t!» fot+n ~?~d with tht Iou paYabl~ a afw~tald; ~nd In tl» avMt ~ny ~um
of morNy 6~canN p~y~bl~ undw axh polky w polich~ wid MORTGAGEE stull h~w tM option ro r~uiw and apply tM urrN on ~ccount of tM Ind~bt~
nNS Mtur~d Mr~by a eo p~rmit arid MORtGAGOR5 ro nctiw and uN tt a~ny put thareof for otMr purposss, wirhout the+sby waivinq or impair
Inp any puitp, li~e~ a ripht ~rnd~r w by virtw of Mi~ mortpap~i s~d i~ t?» ~wnt ~eid MOI~TGAGORS shall fo~ ~ny na~on fatl ro kNp tM ssid pr~mts~s ~o
Inwnd, w fdl te d~livn p~anpfly any of said poliN~s of inwr~~ ro s~id MORTGAGEE, or f~il prompNy ro p~Y fvlly ~ny pr~mium t!»r~fw a In any
r~ap~ct f~il fo p~rlorm, discharp~. ~x~tuh. ~ffM. ~anpl~t~, comply with and ~btd~ by thi} covenant, or any p~rt Mrwf, iaid MORTGAGEE nNy plac~ •nd
p~y fw wcfi Mwr~ncs u~ny pm tMnaaf withovt walvinp or aff~ctiny any option, li~n, squity, o~ ri~phr und~. w by vinw of ri+1~ MortyaQ~, w+d the
full ~ma?nt of wch u+d w+ry wch p+ymN+t ~hatl b~ immedi~tely dw •nd pryabls ~nd sMll b~ar Int~rnt from tM d~to therwf until p~Ed ~t tM rat~ of
nirw p~r a~tum p~r ~nevm u~d top~tM~ with uxh int~rat ahall be secur~d by tha li~n of thi~ mortqp~•
4. To p~nnif, tanrnitor tu~hr no wah, Imp~irm~nr or d~terioration of uid prop~rfy a~ny p~rt tl»rwf.
S. To p~y •II a~d ~iequl~r tM cwts, eMrqM and ~xpn+Ma. inclvdiny • r+~s«N~k ~ttorn~y't fN ~nd cosh of ~bstnch af titl~, h+cuned or patd ~t
•ny tim~ by aid NK}RTGAGEE, b~uuse or in the ~vent of tM f~ilur~ on tn. wrt of tM ~aid MORTGAGOR fo duly, promptly ~nd fvlty p~tfam, di~ch~ry~,
~x~cut~. ~ff~ct, campkq. comply with ~nd ~bid~ by ~ach and ~wry th~ stipui~tionf, pra~n»nri, conditlo~s, and townants of wid piomiswry not~ ~nd th~i
martqp~ a~y or ~ither, ind iaid cwts, char9ea and axprn~, Nch ~nd ~wry, sMll b~ Imm~diat~ly dw and peyablr, wMtF+~r w not tMr~ b~ notip d~
m~nd, •rnmpt ro~u.cf w wit plnding; a~d tM full rmount of e~th ind e•rery uxh p~yment shall bta inter~st from tM dat~ th~reof vntil p~id at tM
nte of nin~ p~r ce»tum per ~nnum; ind all ssid to~ts, tharpn ~nd exp~nse~ incvrnd a paid, topetMr with such Int~rat, ~hall b~ wc~r~d by tl» li~n of thu
mortqpe•
6. 'll+st (a) tn the ~wnt of any breacfi of thi~ Mwtqayr or daf~uh on t1r psrt of th~ MORTGAGOR, or (b) in tM ovrrst any of taid wms oi morwy
h~r~tn nfKr~d to b~ not promptly ~nd fully p~id within thirty (30) days next •h+r the sam~ av~nlly b~com~ due ~nd pay~bl~. without dortund ar notiu,
or M th~ ew~t each and wrry tM stipulations, a9rs~rtwnts, conditio~s ~nd town~nt~ of ~aid promiuory note ~nd thi~ mortp+g~ ~ny or ~itMr •n not
~ly. pranPtly and fully performsd, distharped, exatuted, sff~cted. compl~t~tl, compli~d with ~nd ~bidad by, then in ~itMr a~ny ~uch event th~ s~id
pray~t~ wm rt?rntantd M taid promiuory no?t tlien remaininp unpaid, with interat accrwd, ~nd all moneys ~etur~d her~by, shal! b~mm~ dw ~r+d p+y~
~61e forthwith, a ther~aft~r, it the option of said MORTGAGEE, s~ fully and compl~»ly (f ell of tM said sum~ of morw~y wtr~ ariqinelly rtipuletrd
ro b~ psid o~ such day. ~nythinp in uid promiuory not~ w in thb Mortp+ye to the co^tnty notwitluti~dirp; ~nd th~rwpon or thsr~~hw •t tM option of
~eid MORTGAGEE, withouP notic~ or demand, wit ~t I~w x in ~quity, thar~fw~ or th~r~aft~r bp~n, may be proiecuted ~s if dl mornys wcund h~r~by
Md matur~d prior ro itf Irrstiturion.
7. TMt in 4he ~vent that at tM be9inniny of or ~t any time pandlny sny tuit upon thi~ Mortyaye, w so foreclow i4, or to reform it, ot to ~~forq
p~ywant of ~ny cl~im~ Mrevnder, ssid MORTGAGEE shsll ~pply to the Court havinp jurisdidion tharwf for the ~ppointmtnt of a Receiver, tuch Court shall
Forthwith appoint ~ ret~iv~r of said morty~ped prop~rty all and sinyular, intlud~nq •II and •in9ular tfi~ intome, profits, iisuN ~nd r~v~nw~ from wh~tev~r
quru daiwd. Mch ~nd ~very o4 which, it beirq sapreuly undsntsod, u h~r*by mortpay~d aa if apecif~ully set forth snd d~sc?ib~d In tF» qnntiny ond
Fu~b~ndwn tl~~ss Mrwf, ~rx! ~uch Rectiver ihall have •II the broed •nd effepiv~ fvnctiom and pow~n in anywiu fntrvtttd by ~ Court to • R~ctiwr, rnd
wch appointment shall be m~de by such Court ~a ~n ~dmitt~d puity and ~ m~tter of ~olut~ riyht to wid MORTGAGEE, and without r~f~r~nu to fM
~dequ~cy w Inadeqwcy of th~ value of tM property mortQ+y~d or to t!u wNency or inwlv~nty of s~id MORTGAGOR a tM defend~nts, ~nd tFut such
r~nts, profif~, incarn, itsue~ and rwenun shall b~ ~ppli~d by such Rsceiwr ~ctordiny to th~ {ien a ~quity of ~aid MORTGAGEE arid th~ practia of such
Ceurf.
S. To duly, promptly ar+d fvlly perform, dis~harye, ex~cute, effett, complete, comply with •nd abld~ by each and w~ry tM ~tipulatiom, ayn~rnenh,
conditbro u+d cov~nonh in a~id promfssory note ~nd this mortp~y~ ~et forth.
9. Yhat in 1M want thr owrnnhi,p of the mortqryed phmiset, or ~ny p+rt Hxrwf, becomst wttnd in a prrsan otMr fh~n ti» MORTGAC+OR, th~
MIQRTGAGEf, in waeuon and ~ssiflns, may, without ratice to th~ MCiRTGAOR, de~I with ~uch sutceuw or successor in intsreit with nfer~ncs fo ihi~
mp?t9aye ~r~d the debt hertby ittured in the ~ame manntr p with MoHp~fgor witfiout in •ny wsy vHiatiny Or ~diuharyinq th~ MOrtq~qon' {iability h~rr
und~r or upon the d~bt her~by secured. No ula of 1M premif~a hereby mortqsq~d and no for4~a?~ncs nr~ the part of ths MORTGAGEE w its succ~sson
o~ ~uiyru snd no ~xt~ruion of th~ tims for the payrrant of th~ dsbt hereby kcur~d qivtn by tFwi MORTGAGEE or it~ succ~ssat a~uiym, shall op~.ats
1o nhw. d'acAa~, modify ch~e~p~ w aff~er tt~e oriqinal li~biliry of tM MORTGAGOR h~nin, ~ittar in whol~ w f~ p~rt. ,
10. It fs tp~cifiully agnd tMt tima h of tM ~umnc~ of this contr~ct and thst r.o w~ivN of a~y oblig~tion h~raund?r or of fA~ pb~fyation c~•
tur~d h~r~y ~hsll at ~ny tirr~ tlwreaft~er b~ held to b~ e waiv~r of ti» tKmt Mrwf or of the instr~ment sacured h~rby. ~ -
11, In ~ddition to ths fwpoing monthly paymenri of princ p~l and interest req~ired 'oy tFw promluory note secursd her~b~~, ~+bMyayor oewnants
+nd aprsas to pay to mortgayo~ with esch monthly paym~nt ~n sdditiwul wm ~stim~ted by mortg,:gee to be equa! tn 1/12 of.tM=smw~l ao~t af th~ follow.
. 7
A-All nal proprrTy t~xet I~vied or assesud iy~sin~t the above desuitxd rsrl a?~te. - :
- r•
6-Premiums on firt and windstorm insursnu herein requir~d to be cerried on tM improvrme~ts ~i!uate on the ~o~~ tlatrib~d prsmi~s?• '
C-Prtmiums on such mortqaq~ ywranty insuranu ef moriy+ye~ ih+ll from timt to tim~ de~m fit ta carry o~ tM le~n~tecuir~d henby.
Mwtya~e~ ihall fram time to tims notify mortyaflor in wri4inq of the ~mount due ~nd p~y~ble hereunder snd suth wiw,sMU thtrwpon b~ dw ~nd
p~y~W~ on tM dw d~te of tM r»xt montfily payrt»nt •nd ~sth tuctsssive ma+th 1Mere~har ~ntil mwtqsgee ~hall nofify rtqAq~pot of i chw~ i~ wth
~rnovnt. Sucfi sums ~hall bs applisd by rtwrty~gN toward ths p+yment of resl pro~rty tsz~s. Insurance premiums. and morl¢p~ ~wr~r irawr~nu
prNnlur?ra.
IN WITNESS WHEREOF, tt» said MORTGAGOR has herwnto itt hii hand and ~as) tF~ day snd ytar fint ~foresaid.
s~~,.d, .~a aFl L E D A N D R E C 0 R D E D ~
E~• e~~--~ e a K ~
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~ n--n
'65 SE~ Z~1 PM ~I : f 4 - ~ n--n
i STATE OF FIORIDA c ` . ' ~ ~ :
i ` r,,t ,r
~ St. Lucie ROt1EF~`r'~, i n,~S, CLERK
e.fc.. n» p..wn.uy .pp.,?.d ST. L ^,~d
~ hh wlfe, to rn~ vwl! kravm ~nd known fo m~ fo b~
!M individv~! ~ t,~aib~d M~nd who ~x~cut~ tM faepdnp instwrMm. ~nd Kkrawl~dp~d b~for~ rr» that tl»y ~x~cuted th~ ~n+ fo~ tM purpos~4
•'a,~.t«ar o?r,a:,a...~a ~S'~1~e Stock n
~ • ~ ' ` ~Ei l lie J. Stockton „p«, . ..p..~ .~+a
~~~hi~t~on by rr»_ t~k~n~ Nper~t~ ~nd ~port from Mr s~kl hwband, sdcrwwbdp~d to ar?d b~fo~o rrN th~t s1+~ ex~cW~d MiG~ Irq1~UrtNf1f ~lMly and wlwr
t~rllp ai+d ~frjtl?a~ ~ any ci~SpyMio~, corotr~int, appnF»ns~w~, or h~. of a fiom Mr ald ?MUb~nd. ~C
VK~tj~lE55 nry h~nd ~nd 4Ffkial w~i thiL t~ d•y of A. D. 19 v"~
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No~1~ry vblk In u+d fw if~ d Fbrid~ ~f 1.~?~
~ ' ` ' " My Comminion ~xpinw
' ~3fstutn Lo:
Gitis«el-l.7d~rai ~'~,vlilds i loan Aaociafion
~~otary ~;4?;;, c,.J~ r~
of ~3~. lvei. eow~ty 0 R t1C`(~ Mr C~.-:n;-,;,.::. i',, ,.,,..,1 ct t=-qo
ft. Pt~rce, f{arida 8~~{~27 ~~J,( Eos.g,; ~~,r..~~,r, F„ ''.:;t~ P, I)'~~
? d Causln, ~o
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