HomeMy WebLinkAbout2103 AnJ s_,;d !.;r~;,~;;~~s rc. !hr ~ sr :rs a~•d ~`,r r h~~~s. +ecia! tep~e~enfativlf. svccetsOr~ and ays~gns, hereby joinNy end severelly covanant •nd ~9~~e
tc and ~nirh tr:e sad ~1'.JRIv~GfE. ~is s~:.e;sors a~,d as3~yns:
1. To Fay a!~ anJ s'ng,;:ar rr:r K,nnc;ue! and ~rne~eit and the var:ous a~d sundry wms of money peyeble by virtue of ta~d promis~ory note, and thi~
rnor~gayr, ea:h and evrry. pro-, ~,~:r on ih:e deys respect;•:ely rha name severolly become dur.
2. To pay a?I ancf a;~gu'ar the riaes, esscssments, leviea. !iabilities, obligation~ and encumbr~nce~ of evcry nature snd kind ~ow on ceid defcnbed
proper~y, or thai hzrrai~er n,ay be ~rnpoted s~f(errd, placed, fev~ed, or a~se»ed thereon, or that hereefter may ba lev~ed or aae~sed upon thi~ Morra-
age, or the indeb+ed•~e~: aec.,rrd here6y, rach and e~ery, when due and payable, accord~nq ~o law, before thty become delinquent, snd before any intereti~
e~tatt;es or ,~ny r,e~~a',ty ~s ~~~:.,rrrd; A~:D 1^,5~7FAR AS ANY TNEREOr IS Of RECORD iHE SAME SMAIt BE PROMPiIY SATISFIED AYD OISCHARGED OF
RELORD A\U iN~ CRi;~;~;At C)~fIC!Al COCU:1Eti1 ~SUCH AS FOR INSTANCE, iHE TAX RECEIPT GR THE SATISFACTiON PAPER OFFiUAItY ENDORSE~
OR CfR'ti;ED~ ~ti:.t~ eE PtACED t.ti iHE HA^~Dy OF SAIU .'w10RTGAGEE 4YITHIN T[N DAYS NcXT AFTER PAYMENS, and ln the evem that any rhereof is not
pa~d. sat st,ed a,~.d d.r:'~:~rqed s.+ d:'.ORIGAG;E m.+y ar any ~~me pay thz same or any part ihe~eof witho~t waiving or affecting eny opt~on, lien, equity or
nqht ~nder or h, rr.,~• ut ~h~1 ~`:~~tt~3!~C dl:~i rhe f~ii a„•oun~ o! each ane~ every wch pay~~enr ahai! be emmediarely d~r and peyeble and shall brar intereat
~~wn +he da~e ~i ereoi pa d a! r.,te u! eight pe~ cc~nsurn per annum end rogeiher ...rh s~ch inrerest ehall be secu~ed by ~he lien of th.s morgtage.
3. To pl~c~ •nd continvoualy keep on fhe buildinyf now or heraeft~r •itu~te on iaid I~nd ~nd on ~I~ equipment and psnon~lly covared by thi? moriq-
p~, with •fl prem;um• therso~ paid ~n full, tire in~urance in rhe ~~uel s!andard polity form, in • t~m approvrd by rhe MORiGAGEE, and w;nditorm
tniurancs in t!w usvel siendard policy form, in s•um app~oved by ths MORTCaAGEE, in ~uch comp~ny or companie• the A1pRTGAGEE mey
d~rect; snd •II fire and w~ndaturm ins~rence polit~e• on sny of said build~n9a, ~ny intere~t therein or ps~t thereaf, in the aggre9ste ~~m aforeta~d or
(n exce» Ihereof, ~hell contein the uwa~ •'~ndard mortgegce clau~a or iuch other clsuie aa rhe Mortp~ges mey req~irs, makinp the loa~ ~nder faid poli-
tia~, eech 1nd every, peyab!e to se~d MOC AvEE as ir• intere~t may appeer, and eech and every suth pol~cy ~hall be promptly ass.gned end de!ivered to
~ny held by ~eid MORTGAG~E as fur~her sewr~ty to sald mor~gege debt, end, not leu than ten (10) d~yt in edvance of NTe e~piration of esch policy, ta d~-
liver to seid MCRTGAGEE a renewal thereof, togerher with a recdpt for the premi~m of such renewal; end there thall be no fire ur windstorm insurance
pleced on eny of ie~d buildings, any inte~esf ihere~n or pert thereaf, ~nless in the form and w~th the loss payab!e as afore~aid; end in the event eny sum
of money becomtt peyab~e under a~ch polky or pol:c;es said MORTGA{',EE shnll have the option to receive and apply the ~ame on accouM of the indebted-
na~s •ecured hereby or fo perm~t ~a:d MORTGAGORS to rece~ve and uie it or any part rhereof for orher pwposea, w~rho~t thereny wa~.ing or ,rnp~;r
ing •ny equtty, lien o~ right under or by virrve of th~e morrgege; and in the event ia~d MORIGAGORS shall for any reeion fai) tq keep the iaid premi~e~ ~o
insured, or fail to deliver p~omptly eny of ~a~d pol~cies of insurance to •aid MORTGAGEE, or fail promptly to pey fully any p~amium therefer or in any
rospett fail to perform, d~scharge, exec~te, effect, complete, comply with and abide by th~s tovenant, or any part hereof, eaid MORTGAGEE may plece a~d
~ey for ~uth lnsurance or sny part thereof w;thout wa~ving or affecling eny option, lien, equ~ty, or right under or by virtue bf this Mortgage, and the
full emount of eech end every tuth Fayment shall be immediately d~e and payebie and shall bear interest from the date th~reof unril paid e~ the rate oi
nine pe~ centum per ann~m and to~erher w+rh svch ~nrerest shaf: be ~ecured by the lie~ of thi~ mortgege.
I. To permit, commit or suffe~ no waste, impai~ment or deterioration of ~aid property or any part thereof.
5. To pey ell and singuler the costs, charges and expenies, ~nclud~ng a reasonable atrorney's fee end coit~ of abstracts of title, incurred or paid et
~ny time by iaid MORTGAGEE, betavee o~ in ~he event of the fa~lure on the ~ert of the said MORTGAGOR to duly, promptiy end fufly perform, d~scherge,
•xecute, effecr, complete, cvrrp~y w~rh ar.a ab:de by each and every the stipvlations, egreements, conditioro, and covenancs of said promissory note end thii
mortgeQe eny or eirher, end se:d co3rs, charges ar.d expen;es, each and every, shali be immediately due end payable; whethe~ or not the~e be notice de-
mand, ettempt to collect or iud pend~ng; and the full amount of each and every such peymenr shoN bear interea~ ficm the dare fhereof unt;l p~id at the
rate of nir.e per cenrum per err.~~; and o: aa~d cests, charqes and cxpenses incvrred or paid, together with such interost, thali be tecured by tht lien of thi~
mortflape.
6. That (a) in the rvent of nny breach of this Mortgage or default on the part of the MORiGAGOR, or (b) :n the event any of ~a~d •um~ of money
herein rcferred !o be not promptiy m~d i~liy pald w~thln th~rty (30; days next after ~he same severnlly becomc due and peye6le, without drme~d or r,ofice,
or (c) in the event each end eve+y the stipulations, agreements, condit~ona and covenanta of sa,d promiisory note and th~i mortgage any or either sre not
luly, promptly and fvily periormed, d.acharged, execv:ed, effec~ed, completed, tomplied wrth and abided by, then ~n eifher o; any ~uch event thr •e~d ap~
pre9ate tum mentioned •,n aa~d prom~ssory nore then remaining unpald, with interest actrued, and all moneys tec~red hereby, shal! become due end pay-
r~!a forthwith, or tfierpafrer, at !he optton of eaid MORTGAGEE, ae fuHy and completety es if eN of the ~aid sum~ oi money were orig7nally ~ripulnted
to be paid on suth day, anyth~ng in sa.d pro-nissory note or i~ this Mortgage to the contrary notwith~tending; and there~pon or inereafter at the option of
~e~d MORTGAGEE, without not~~e or demand, suit at law or in equ~ty, therefore or thereefter begun, may be prasecuted as if all moneys secured hereby
h~d ma~w.td pr~or lo institurfon
7. That in the event that at the begir,ning o! or at any tlme pending any ~u~t upcn thit Mortgege, or ro foreclose it, or to reform it, or ta enfor~a
peyment of eny c!aims he.eunder, sa~d MORTGAGEE sh~ll apply tn the Cou~t having jurisd~ction the~eof for the appo~ntment of e Receiver, such ~ourt shalt
~orthwith appolnt e receiver Qf sa~d morrgaged property aU and singula~, indud,ng all end singular the income, profits, issues and revenues 4rom whatevar
rource derived, eech and every of wh~ch, it be:ng eapressly understood, ia hereby mortgaged as if fpec!ficaily set forth end described in the gronting nnd
habendum tlauses hereof, and xuch Receiver shaii heve a(I rhe broad and effe~tive funcnons end powen in anyw~se entrv~rod by e Cour1 to e Reteiver, end
wch appointment shall be made by wch Ceurt as an admitted equity end e matter of absoiute r~ght to te~d MORTGAGEE, end without raference to the
adequacy or inac~equacy of rhe val~e oi the property mortgaged or to ihe ictve~cy or in:olvency of ~aid MORTGAGOR or the defandent~, end rhat ~uch
renti, profits, income, issues end ~ever.~es shail be applied by such Receiver eccord;ng to the lien o~ equity of iaid MORTGAGEE and the prectice of such
Couri.
8. T~ duly, promprly end ful!y perf~rm, discharg?, execute, effect, camplete, compty with and abide by each end every the stipulations, aflreements,
conditiona and covenants in sa~d promissory note and th;s morlgege set torrh.
9. Thst in fhe eveni the ownersh p of the mo»gaged prcmises, or a~y part thereof, becomes vested in e peryon other ihan the AIORTGAGOR, the
MOkTGAGEE, iit successors end ass~~n3, Tay, w~thou! n~tice to rhe MOR?GAOR, deal wirh wch successo~ or tuccessor in intere~t with reference to this
mo~t9e~e end the debt hereby secured in the seme manner a~ with Mortgagor witho~t in any way vitiating or ~d:ach~rging the Mortgagori' liability hera
under or upon rhe debt hereov sewrea No saie of the premisea hereby mo.tgaged and no forbearance on the pari of the MORIGAGEE or it~ a~ccessors
or a~signt end no extension of the time for the payment ef the debt hereby •ecured given by the MGRTGAGEE or itt wccestors or ess~gns, ehall operate
ro reNas~, discherge, mod'rfy chenge or ettea the origlnal liebilrty of the MORTGAGOR herein, either in whoie or in part.
10- It is spec~fically egreed that time i• of the eese~ce of thie contrect end thel no waiver of any o6ligation hereunder or of the obliqation c.~•
cvred hereby ahaii et eny time thereafter be heid to be a waiver oi the term~ hereof or of thc ins!rument iec;,red herby.
11. In add~~ion to the forego;ng monthly payments of p~inc pal end +nte:est req~~~red oy the prom;ss~ry rtote secured hereby, m4rigdgor cov~nants
and aprees to pay to mortgagee w~th each monthiy payment an edd~rional •um estima~ed by mor~y._gee to be equal to lj 12 of ~he annual coat of the follow-
ing:
A-All reai prapariy taxe. levied c• essessed against tfie abovc desuibed reai estata.
B--Premiums on fire end windsro~m +n~urance rt he~ein requ~red to be c~rried on the ~mprovement~ s~!vate on the abcve described premiseti.
C-Premiums on such mortgage guaranty ~nsurance as mo~tgagee ~hall from t~me to time deem fit to tarry on the loan ~ecvred hereby.
Mortgagee shal! from t~me to tfine no+~fy mortgngor fn writing of the amount due and paysb!e hereunder and such su.m. shall thereupon be due •nd
peyebfo on the due date of the next monthly peyrrent end each tuctetsive month thereaf±er vrttil mortgagee shall noi'~fy mortgagor of s chenge in such
em~~nt. Such ~uma sha!I be aepl:ad by mortgayee towerd the payment a¢ ;ea1 property taze~, insursnce prem~uns, and mortgage guerenty insurance
premium~.
IN WtiNfSS WHEREdF, tha sa~d MORTGAGOR ha~ herevnto te1 Fi~ hand and seal the dey nnd year fint aforesaid.
Sifl~ed, Sealed snd deiiv the praience of: l
~ ~ C a ~ ~ ~ !.l ,
~ _ • F+~~l~~_f.'~~~._ ~ a~
' ~ ~(Seal)
_ ~ ,
~ '65 i~; ~`1 5 P~~1 . 5 . , ~
STATE OF FtORIDA , • •
cour~v of _St r,,~~ j~ ^ RK
.~;'.~,~•Y~;-;i , - , _ . _ .
bikrrf~/+~! PARSdhatly •ppeared _ LC~W ~.T7 ~ ~ ~Y~ and
`
" ~ Viola Bu~e~~'~~lA
~`-r~r--= hii wif~, to me w~U known and known tq rt» to ba
eao~ }ri¢~idw4,d4:ait~„/~^;~nd who exxuted rhe fore~oinq instrument, and ~cknow~edyed befors mo thaT the ~x
y ~c~~1f~"i+rn~ for th~- Purpo~e+
-~+~«:~;.,~*~.;ed. A~a=fh~ ~.~d_ ViQ~ a B~?~~~rfield .
=wu._of=,~! i~d!.: Edwin h B~a terPj ~1 rl ~ ~va+ • i~~r,~';nd a,Y.T.
sx~rwin~tidF ~y m~ t~fcer(~ ~epe~ete sr.d apert from her seid hutbend, acknowledfled to ar.d before me thet ~hs executed wid Inctrum~nt freely ~nd volurr
?)rily~,sn~,,yr~t6c,}it'anji ~ompui~ion, con~rraint, eppreher.s~pni,or fear of or from har aid hutbend.
'.~IY~TNESS mY ~1td.~nd offic+al uel thii_~~ Lk day ~TO ' A. D. 19~~
: .
~ ~ -
Notery Public in ~ r th~ 5t~t~ of Fiorids ~t lary~
My Commi~iio~ xpir . , r a.
Return 70: I~t~rv . _
Citi:ons Faderal Savings & toan pssociotion ir~t'j i:
of $t. Lucie County ' ,
. ~
Fr. P~e~ce, Flor~da _ ` r I~~f 1~
J ~ _