HomeMy WebLinkAbout1257 And fald Morty~yori. for rhem~elv~~ and their h+iri, leq~l r~pr~st~tativ~f, ~ucc~uon ~c~d iui9ns, Mr~by jolntly ~rtd 1~vM~lly tav~nanf ~nd prN
to and with th~ u~d MpRTGAGEE, i~s succa»on •nd ~~ii9ns:
1. To pay •II •nd tin9ulsr the principal ~nd interefl and th~ v~riou• ~nd sund~y ~um~ of moMy payabl~ by vI?tw of ~~id promiucKy not~, and thh
mortqage, each •nd ev~ry, prornptly on th~ day rsspectiv~ly th~ ~am~ s~v~nlly betom~ dw.
2. To pay •11 and ~~nyular th~ t~xe~, eues~m~nr~. leviea, li~bilitie~, obli9ations ~nd ~++cvmbr~ncN of ~v~ry natur~ ~nd kind now on s+id dea~ib~d
property, w that hrroafta may be impw~d, wffered, pl~c~d, levi~d, or aaNSard tMr~on, or tMt In+~after may b~ IMVi~d a qwrNd upo~ thb Mortp~
~ye, or ti» indebiedn~ss secvred hcreby. ~ach ~nd ev~rY, wMn du~ and p~y~bl~, accwdinp ro law, b~fw~ tMy b~com~ delinqwht, ~nd b~fore ~ny In»rsat
•nathe~ w any penalry is incurred; ANU INSOfAR A$ ANY THEREOF IS OF RECORO THE SAME SHAII SE PROMPTIY SATISfIED AND DISCNARGED OF
RECdRD AND THE ORIGINAI OFFICIAI DOCUMENT ~SUCH A5, FOR INSTANCE. THE TAX RECEIPT OR THE 5A715FACTiON PAPER OFFICIAIIY ENDORSED
OR CERTIfiED) SHAII BE PlACEO IN TNE HANDS OF SA10 MORTGAGEE WITNIN TEN DAY$ NEXT AFTER PAYMENT, and i~ th~ ~wnt that ~ny tMrwf ii not
paid, sat~ified snd discharged ia;d MORiGAGEE may at any time pay the s+me or any pa~t thei~oF wifhout w~ivinq o~ •ff~ctinq any option, li~n, t~uity or
.iqh~ vnder or by virtue of thii mo~tgeye and the full amount of each and every wch payme~t thall be imm~di~q~y dut ~nd payabl~ ~r~d tihall be~r iM~rest
from rhe dare thereof unt~I pa~d st rete o( ~iphf per tent~m per ann~m and toqeth~r w~th ~~ch inttre~t shall be ~ecurad by th~ lien of th:• morqtaqe.
To pl~a ~nd ta+tlm?araly kNp on th~ buiidirps rww w F»r~aftK sifvat~ on safd I~nd ~nd on dl ~quipnw^t ~nd p~rwr+a~lY to~~?~d bY Nd~ ^~wt0'
,~pr, wifh ~II pr~niurtu tMr~on p~id in full, fir~ inwr~nc~ i~ tF~ wual ~tandard policy fam, in a~um ~pprovtd by tM MORTGAGEE, ~r+d wind~twm
inwr~nw in M» uwal st~ndard polity form, In a wm ~p~rov~d by tM MORTGAGEE, in wch compiny a comp~nip a tM N10RTGAGEE may
dh~ctt and ~11 fin ~r?d w~ndatwm {munna pollci~s on ~ny of ~aid buildinps, any lnta~st tf»r~in w pirt tIN?WI, M tM pyrp~t~ wm afor~ssid or
{n ~xow tMr~of, ~h~ll cont~in tM usuai ~t~ndard mortq+Q~e clwt~ w suth otha clauN a~ tM Morty~M m~y nquir~, rrwklnp tM loa u~da ~aid po1F
cia, wch an~sv~ry, paYabl~ ro uid MORTGAGEE s~ its int~rMt rrwy app~ar, ~nd each ~nd ~v~ry such policy aMll b~ promptly ~p.pn~d ~nd d~liwr~d to
~ny M{d by Nid MOR?GAGEE u f~rtMr sacurity to uid mor+qpr drbt, ~nd, rwt 4ar th~n t~n (10) d+yt In ~dwnc~ of ~I+~ txpintion of ~ath polity, ro dr~
IirK to wid MORTGAGEE • nnewal tharwf, top~th~r with a rsc~ipt fw th~ pr~mium of ~~ch rrr»w~?; ~nd th~r~ sh~ll b~ no fir~ or wind~torm inwranc~
pl~e~d on ~ny of N+d b~itdinq~, any intere~t ther~in o~ pa.t tMrwf, ~nl~~s In th~ }orm •nd with tM loss payabl• ~s ~for~said~ and In th~ ~v~nt ~ny ~um
of mon~y b~com~s pey~bt+ under wch pollcy or policies said h?()RTGAGEE thall haw tM option to receiw and apply fM am~ on accouM pf th~ Indebte~
r?~p sMC~r~d Fn?~~by w to permit uid MdRTGAGCIRS t0 receiw and up It o? any pirt thereof for other purposes, without thereby waiving or impasr•
kq ~ny puity, IiM or riyht und~r w by ~~rtw of thit martyay~; ~nd in th~ ~v~nt Nid MORTGAGORS ~hall for any re~~on frll to ke~p tFx aaid premisss w
trnur~d, or feil to d~llvsr promptly ~ny of uid policia~ of Insu~~nc~ to s~id AAORTGAGEE, or f~il promptly to p~y fully •ny premium ther~for Or tn •ny
nsptct fail to p~rfwm, diuhupe, •xacut~, effect, complete, wmply with snd abid~ by thi~ cov~n~nt, w•ny pen h~rsof, isid MbRTGAGEE may place ?nd
p~y for ~uch Insursnc~ or ~oy part thersof without wsiviry ot •ffactinq any option, li~n, tquity, w riqht und~r or by virtu~ of thii Mwtqapr, ~nd tF+~
fvll ~mo~nt of ~~ch and ev+ry such payment eh~ll be imm~di~tely dve ~~d p~y~bl~ ~nd ~Mfl bsar lntsr~~t from riw date thvwf until paid at tM r~t~ 01
nin~ p~r centum p~r annum snd toyether with s~ch interest shall be s~cured 6y the lien of this mortp+Q~.
1. to p~rmit, commit w suffer no w~s~~, impairmant or dettrioretion of ~aid prop~rty w~ny part th~r~of.
5. To pay +11 and ~influla tM cwts, ch~ryes •nd expensss, intludinq a reasonabl~ ~ttorney's fN ~nd wsts of ~bttract~ of tltl~, inturred or paid ~t
~ny tim~ by uid MORTGAGEE, b~cause a in the ev~nt of th~ feil~r~ on th~ E,art of th~ said MORYGACrOR to duly, promptly ~nd fully perform, diath~r~p~
•xocuh. ~ff~tt, compleh, comply with ~nd ~b~de by s+ch ¦nd every tM ttipulation~, ayreamenri, conditions, •nd tovenanh oi said promluory noh ~nd thit
morty~p~ ~ny or ~ither, snd u~d coan, ch~ryes ~nd expan~ea, ~+ch s~d ~very, shall b~ immedi~tsly du~ and piyabl~; whetMr or ne~t thsra b~ notic~ dr
m~nd, ~tt~mpt to coll~ct w~uit pondinq; and tha full smount of each and w~ry tuch p~yrrr~nt ahel! b~ar interal from th~ d~t~ thercof until p~id at th~
r~t~ of nioe p~r centum per ennum; and all a~id cnsts, charQes ~nd expense~ incurr~d w p~id, topett»r with such inter~st, sh~ll b~ secured by th~ lien of thu
~9~•
6. That (a) ln tM ev~nt of eny breach of thi~ AAortya9a or default on tM paA of tM MORTGAGOR, or (b) in tM ev~nt any of said wmt of rnor+ey
hK~ln r~ferr~d to b~ not promptly and fully paid within thirty (30) days nezt sftar th~ ism~ tever~lly b~come dw •nd payabl~, without demurd or notic~,
or W in tM ~v~nt e~ch ~nd every ths ~tipuletians, ryraementa, conditiom snd cov~n~nt~ of ~~~d promiswry note •nd th~• mortyp~ ~ny w•itMr ar~ not
iufY, promPtly •nd fully perfwm~d, d~xh~ryed, execu~ed. effected, compteted, complied with •nd abided by. then in •~ther or any tuch went tt» s~id ~g
prsy~t~ tum m~ntio~td in said promiswry rwte then rema~ninq unp~id, with interett acvwd, and •II mon~Y~ tttured her~by, ~hall bttams dw ~nd pay~
~hl~ fonhwith, or tMrsafter, ~t the option of ~~id MORTGAGEE, ~a fVlly •rrd comp~Nely a if •II of the uid ~um~ of rrwnty w~rs aipinally ttipul~tud
to b~ paid on ~uch d~y, anythinp in sa~d promiiwry note or in tht~ lNortfl~ge to th~ contr~ry notwith~undin~; •nd tMrwpon or tF~n~ftsr •t tlte option of
Nid MORTGAGEE, without notice or dem~nd, s~it et law o+ in equity, therefw~ or th~rsaft~r bpun, may be prosmcu!ed ~s if •II money~ s~cur~d h~r~by
Md maturad prior to ifs Irutitution.
7. TMt in the event thet ~t the beginniny of or at any tims pendiny any suit upon this Mortqsqe, or to foreclose h, or to reform it, w to enforp
p+~yment of ~ny claim~ hereunder, wid MORTGAGEE thell apply to tfie Court havinfl juri~diction therwf fot tha •ppointm~nt of • Reteiver, ~uch CouA shsl)
forthwith •ppoint a receivar of sa'sd mortyrged property all •nd tinqular, includmy •II snd •inqu~u ih~ income, p{ofits, is~ve~ snd rsvenuH from whst~v~r
•ource deriwd, sach and every of whith, it beinq expressly undentood, ie hereby morty~9ed ~s if ~pe~~fically wt forth •nd dtasribed irf tM pnntinp •nd
haQ»ndum cl~uses hereof, and such Receiver th~ll Mv~ •II the broad ~~d effectiv+ functiom snd powtrs in •nywise entru~t~d by • Gourt to • Raceivw, •nd
wth ~ppointmen9 shall be m~de by svch Court as an ~dmitted equity snd ~ rtwttrr of abwlut~ ri~hf to ~aid MORTGAGEE, •nd without ref~renu to th~
~daquaty ot In~dequ~cy of the velue of the property mortqeg~d or to the wlvency or insolvency of a~id MORTGAGOR ~or tha dsfend~ntf, ~nd fh~t ~~ch
rsnts, profib, Incom~, iuuet •nd rev+nws sh~ll b~ applied by ~uch Reteiv~r ~ccordir~g to !M Ii~n a eq~ity of said MORTGAGEE •nd tl+~ pnctic~ of suth
Cawrt.
B. 7o d~ly, promprly and fully parform, discharqe, execute, effect, complete, comply with ~n~ •bide by eech and every tM ~tipul~tion~, aqre~mentt,
ux+ditbns ~nd cov~nants in uid prani~sory nosa •nd thi~ monype ~et ferth.
9. TF~t in the svent Mro ownenhip of the mortpaqed premise~, r. ~ny part therrof, become~ ve~tvd in a penon othsr th~n th~ MORTGAGOI2, tM
MORTGAGEE, ft~ ~ucceuon •nd •ssigm, mey, without notica to th~ MORTGAOR, de~l with ~uch ~ucceuw ar auccesaor in interest wirh r~fsn~sce to this
monpp~ ~nd tM debl hereby secured in the ~ame menntr as with Mortpapor without in any ~vay vitiatiny w~diuh~ryirp the Marty~yors' Il~bility herr
u~r ~or upors th~ debt horeby secured. No ule of tM pr~mises hereby mortpaqed ~nd no forbear~nta on the part of tht MORTGAGEE or its wcc~uon
w utiyn~ and no ~xtsns~o~ ef the time fa tM pay+ixm of the debt her~by ~~eursd yiven by the MORTGAGEE or it~ wcussors or as~iq~. ~hall op~r~t~
lo nl~w, discMrq~, mod'+fy ch~nq• w affect tl» oriyinal liability of the MORTGAGOR Mroin, eithrr in wholr or In p~rf.
10. It h specifiully ~qr~td that t~ma is of tM essence of thi~ contrecl •nd that no waiver of ~ny abliystion hfrwnd~ ar o~.~FN•obll~qtion tt•
cur~d hav~by ~II at ~ny tim~ fhertafle~ b~ held to be ~ wsivte af tM »rm~ turwf a of the instrument iecured h~rby.
1 1. In ~ddition fo ihe foregoing monthly aeymenfs of print pal and interest requirrd uy the prom~swry note setur~d .lyrabj~''nw~fpiyw''o~v~n~nt~
~~d syrea to psy to mort9sqw with esch monthly p~ymen! an additiona! wm ettimercd by mortg;,gea to be eqwl to 1/12 of t}y~~f~rwsl t^wt of /h~'foflOwr~
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A-Al) r~al property tsxes Irvied or asaeased ayeinst the aboy~ dest: ibtd reel tstata. ~
B-Premiums on fir~ ~nd windstorm inaurence a~ hereirt raquired to ba curied on the ienprovements situats oe+ ths ~bov~ dK~+bed ~ .
~
C-Prsmiums vn such mortyag~ guara~ty inturance as mortQ~ys~ ~h~ll from time to time deem fit te urry on tM {oin iKUt~ ~ h~ej~b%i .
r ~
. Morty~yee ~h~ll from time ro tirrw notify murtqsqor in writinq of tlw •mount due rnd paysbla hereunder and itxh sum ~M1i.11q~~~poi~$itllw~a(~t!
pay~bl~ on the dw dat~ of ttr next monthly papmfnt •nd exh sur,ce~iiv~ month thenafter until mortppee ~h~ll nosify mwtp~yor,'O~.A.Cbi*p~ in such
~mounf. Such ~ums ~hall be •pplitd by mort9a9ee taw~rd tF+~ p~ymsnt of real p~op~rty tsxet, inwr~nc~ premiums, and mortyp~ gWr~nry inw?~rut
prrmiuem. ~ ~
!N WI7NE55 WHEREOF, th~ said MORTGAGOR h~~ r~; ~L ~d s~al the day and ye+r ~.st ~foresaid.
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Sip led ~nd li In 4fis pr of: ~C~~- C ',~.t'~a
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1 ~ p,?1 ~ ; 27 - 'L'''
S7ATE OF FIORlOA ~{`t r-T ` i~ J t~
~ cou~rrr o~ Saint Lucie '~r~(,~~ ~~:f
~.~,~~~1Miwi~iilr~~o~nally~pp~~rsd ~~i1~~~a"!lA.~~~ K uid
`r ~OI`15 Radke~ ~ hu wif~, to me vwll kr~own and krawn to ms to b~
~ ~r~~r ,
~ ~~Yndividusis'd~ri_b~d in ~nd who •aacvt~d tM fa.~o~rq k?murtN++t, end ~tknowt~dp~d b~for~ rr» t~ut tMy ~x~tutsd th~ Nrr~ fd ths p~rpa«
~ N,~ Doris ~I. Ftadke
r~ ~ - .Edmund Y, . Radke , ,.p.,~e p,h„t.
flM 11ICM. MPirate ~nd apa?t from hsr ssid hutb~r~d, ~cknowl~dp~d to trd b~for~ r?k th~t aM ~x~tvtsd uid fnstrum~nt fiNiy snd voiv?~
~wd putsion, corutraint, eppr~he^~3on, a fear of a fiom Mr ~ald Fwsband.
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~:~jiyj~nd oncca~l wa1 tha. l~i th -~y ~ 4c tob~ r A. D. 1~.~._
. ~r `.ra
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~t~~ a, ~+~`r~~`k Nof~ry Publk tn th~ St~t~ of F{wid~ af 1.~~
Mr conw+,~alon r.k
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Citis~ns hd~nl S~vings i b~e Associatien Y_'_, J t;
of St. Luci~ Cow+ty 't'~.Y ~ ' ,
~ g-c.cd 8~l A.o,~r;:-... ~.is a i
R. Pi~rp, Fiaida 5
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