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HomeMy WebLinkAbout0229 , J. To pian a~d ca+tirwoualy kkp on tM buildinps now or Mreafta~ ~irwt~ on said land and on a!I cquiprrwnt and p~nonally covK~d by this map~ ap~, with ~11 pttmivnA thtreoo p~id in full, iir~ insuranc~ ie? the ususi sundard policy form, ~n a surn ~pp?ov~d by tM MORTGAGEE, and wiedttorn~ h~w~nc~ In tM uwal ~tanda.d pol~cy form, in a sum spproved by ~M MORiGAGEE; in s~ch comp~ny a compani~s as th~ MORTGAGEE n+ay d++ctt and •II fin a~d w~ewbtorm insvranp policias on any of iaid build~ny~, ~~y i~t~r~st tl+Hein w pan thereof, in tM a~yr~pae~ wen afw~~aid a In ucau tha~ol, th~tl conuin fM w~al ~t~~d mortyaye+ clause a such othN clwu ~s tM Mwtq~gN may rpu'ua. makieq the bu ~nda aid poti. cia. tach and ~wry. parabi~ to said MORTGAGEE u in intere:t may +Pp~ar. arid each u+d every i~ch policy ihall 1» pranp~ty ~u:~n~d u+d delivK~d b ~ny held by said MORiGAGEE ~s furthN seturity fo iaid mor~9aye debt, ~nd, not less tM~ tee~ (10) days tn ~dv~~ of tM ezpiratip? of e~ch polity, to d? livw ro s+id MORTGAGEE • r~w~l therwf, ~op~~hN with a ~ece~pt fa the premium of wch renew~l; and ths~ shall b~ no f'u~ ar windstam )nwrinp plac~d on u?y of iaid b~ildinps. any Intt?~st 1Mr~in or part therwf, unleu in tM ionn'and with ths toss pay~ble as ~fa~:~Wr u+d in tFw ~v~nf ~ny sum of morKy becoma payabl~ wKM~ uxh policy a potici~s said MORTGAGEE ~hall Mw ~h~ option ro receiw u+d apply ths sun~ on ~ccow+t o1 tM ind~btad- nas Ncw~d Mn6y or ro p.rmi~ said MORTGAGORS ro receiv. and uk it a any psrt the+eof for other purposet, witMut ~hxebr waiviny Or unpair- inp anY pvity, 1'~n ar riqht und~~ or by virtw of this mortyape: and in 1M ~venf s~id MORTGAGORS shall for ~ny reason fail ro keep tM said premise~ io { M+iwed, w f~il W d~liver promptly uiy of s~id policies of insunnce to said MWRTGAGEE, or tail prompNy to pay fully an~r prsmivm therefp p in ~ny rppsct fall to p~rforrh, d'ach~rgt exasuts, ~ffecl, complets, comply with and abid~ by this cove~ant, a u?y put hereof, said MORTGAGEE may pl~ce snd WY ~ sud~ 1rowu~t~ or +ey put tMreof withovt walvinp a~ffsctirg anY optiorl, (i~n, puity. p ripht w+der w by virtw of thii INortpspt. an~ tM full amo~nl of ~ad~ ~rd ~very suth payme++t shall b~ 'unmediately dw and pyabl~ ~nd shall bear intaesl from tM dat~ thaeof ~ntil paid a1 th~ rat~ ot nie?~ pN tentvm pN ann~m and to9ether with suth ioterest t1w11 be secured by tFN lien of thES mort9pt, 1. To pKmif, oommit a wff~r ~o wut~, imairn~cnt or deteriwation of said property w ~ny put t}~sreof. S. To pay all ~d ak~p~lar th~ ~a~ ch~~pes and expenses, inctudirg • reason~ble attorney ~ fe~ snd cwn of aMtncts of tiNe, tncvrr~d ar paid at ~ryr time by said MpRTGAGEE. becauN a in the ~ven! of tM failuro on 1he p~rt of tM said MORTGAGOR ro duty, p~ompNy ~~d fvlly perform, dwcMr9R •xec~t~, ~ffact. oompkt~. tompt~r with and abide by each ~nd every the ~tipulat~ons, sgreements, conditio~s, ~nd cown~nb oi said promissory ~wt~ u+d thu matpap~ amr w ~itFwr. and sa~d costs, ciwrges a~?J ~xpentes. each ud every, shall b~ immediately dw and psyaW~: whetMr w not ther~ be notici d~ mand, ammpt w colkct or wit pend~rg; snd th~ full amount of each and every wch paymem shall bear interest f~om the dat~ thereof ~ntil paid at the ~ rste of nie4 per ceotum per ~nnum; ~nd ~II said ccsn, charges ~nd expenses incurrr! or paid, topetha w~tA such iota~st, shsll be s~cvred by th~ litn of tFw ~ matp+p~. 0. Th~t in the evsnt of any beach of this Mortpage w def~vh on the part of the MORTGAGOR, a(b) in the ~vent ~ny of s~id sums of mon~y ) hsnin nfpred to bs not promptly and fully paid within thirty I30) dayi e~e:t after the same severally betome due ~nd p~yabt~, witlw~rl dema~+d w notice. l or in rh~ ewnt eac~ and ~wry the itipvlafip», ag?eements, conditions and covenants of s+~d promissory oote ae+d this matp~e any a eith~r ar~ nq ~ ~uly, prompNy u~d fully psrfwmed, d~scMrped, execvted, effec~ed, completed, compl~ed with end ~b'~ded by, then in either w any such ~vent tM ~sid aQ~ prey~t~ wm msntiw?ed in s~id prom~uory ~o~e then ?emainirg unpaid, with interest accrued, and a1! moneys secured hereby, shall becnme dw a~d pay~ abl~ fwthwith, w thereaher, at tM opt'wn of said MORTGAGEE, u fvlly and completely as if all of the said wms of mon~y were wipinally ttipulated to be pa~d on such day, any~hirg in sa~d prom;ssory ~ote or in this Mortgsge ro tM contruy notwithstsnd~ng; and there~pon or thereafter ~t tM option of said MORTCAGEE. without aotic~ or dsmand, w'rl at Iawr a in puiy, thercfore a fhereafter begun, may be pros~cuted +s if all naneys s~cv~~d hereby had matVred prpr to its inttitution. . • 7. Th~t in ihs ~ve~t that at the beginning of p at any time pending sqy suit upon this Matgage, o~ to foreclos~ if, or fo reform if, or fo en(oro~ p~yment oF ~ny daims hereunder. ~sid MpRTGAGEE sball ipply to the Court haviry jurisdiaion thereof fw the appo~ntmant of • Receiva, svch Couft shill forttiwith sppoint a receiver of said mprtg~ged property all and singul~r, includ~ng all and si~gular the income, profits, issues and revenues from wh~tever wuru derived, exh and every of whkh, it bein~ expreasly w+dersrood, ;s hereby mutgaged as if spec~fically tet fo~th and dracribed b~ the pr~nt'ug and h+b~ndum clauses hereof, aod such Receiver shall have alt the Moad and effective furxnons and powers in anywise eMrusted by a Court to a Receiver, snd tuch appoiotment shall be made by such Cour1 as sn admitted equiry snd a matter of absolute right ro ssid MORTGAGEE, ~nd withouf refe~ence to tha ~dsqvacy o? kudequacy of ths wlue of the property mortpaqed w to the wwency or i~solvency of said MORTGAGOR q the defendanb. and that such renrs, profits, income, ~ssues and revenues sMll bs applied by such Receiver accwdiny to the Iien w equity of s~id MORTGAGEE and 1Fii '~rRofia~ oE such ~ CouA. . & To dvly. Promptly and fvly perform. d'+scharge, execute, eff~d, comptete, comply with snd sbide by e+ch and ev~ry ~tM stipulatio~s, ~greements, conditions and covenants in said promissory note ~nd this mortysge ut forth, y _ . 9. Th~t in tF~e event the ovvnership of the mortga9ed promites. or any p~rt tF+ereof, becomes vested in a perwa other thao the N10R1GAGOR, tl+~ MORTGAGEE, hs wcussors and ~uiyns, may, without notice to the MpRTGAOR, deal w;th such wcceuor or successor ;n . imerest with referee~ce to thia mortyage and the debt hercby secured in the ssme manner as with Mwtg~gor without in ~ny way vitiatirg or d~stMrgin~ the MorlQ~gori liability here. unckr a vpon the debt hcreby secured. No sale of the p?emises hcreby mwt9aged and no forbe+nnce on- the pan of the MORTGAGEE w. its successors ~ a assigns u+d ra extension of the time for the payment of fFro aebt hercby sec~red qiven by tht MORTGAGEE or ifs succesaors w asii9~u, ~hall operaq ro rdeas~, dischsrqe, modify chany~ or affect the wiginal liability of the MORTGAGOR hereiry either in whole a in psrt. ~ 10. It is specificslly agreed thst time is of the eucnce of this contract ~nd tMt no waiver of ~ny oblig~tion hereunder p o{ tM oblip~tion s~- axed he~sby sMlt af any time rlrcreafter be hetd to be ~ wairer of ths terms hereof or of the instrument secured herby, 11. In sdd~twn to the fwego:ng mo~thly payments of prin~ pDl and interest required by the promissory nore secured hereby, mortgagor covenants +nd agrees to pay to mortgsgee with each momhly payment an ~dd~riw~al sum estimated by mwtyagee to be equal to 1/12 of the annual cost of the follow- A-All reil property bxes kvied or assessed against the above described resl estate_ ? b-Premiwos on (ire and windstorm insvrance as t?erein req~;red to be car~ied o~ the improveme~ts sitwte on tfie above desvibed premisey. C-Premivms on such mwtgsge gwnnty iruurance as mongsgee sl?~II from Yme to time deam fit to carry on tF~e loan sec~red hereby. IlAortgsgee shali irom time ro time nority mortgagor in rvT;ting of the amovnt due and psyabk he+evnder and such wm shall fhereupw~ be due ~nd payable on the due date of the ne:t monthly payme~t and exh succe~sive momh thereafter until mortgagee shall natify mortgagw of a change in such xna~nf. Such sums shall be applied by mortgsgee toward the payment of resl property taxes. insurance prem:ums, and mwt9age 9uaranty inwrance P~emivms. IN WITNESS WHEREOf, the s+id MORi6AGOR has hereunto set his hand and seal the day ~nd fint aformaid. Sipn~d, S~d and ivaed tla pr~s of: ~ - 0 •n ~ n STATE OF FLORIDA ~ courrtr oF S t L.uc i e ~ i 8tfore rn~ panon~llr appeared - L;B Al'+gA 1) P r i n r~ ! MArY_~nn Prjee his wxe, to me we~~ known ,~d known w me w bs ~ ?he ind'n+dwb desvibed ln ~nd .who ~xecuted the foregoing instrument, ~nd ~cknowledged beforo me that they exewted the wme for the pwpw~s ; ?r»..u, .xw:,,.a. n.~a Mary Ann P ri c e ~ ~r. ~r ..;a _ Ge orRe D P ric e ~ ~ ~~~1e ~ ~ examin~tion by rrw taken wp+rate and ~part from her iaid huiband, acknowl~dqed to and befwe ms that aF~e executed said iratrumeat freety and volvo- ?~ily aN! withaA ar~y compulsion, constnint, spprclKrui~ feu. of w from hsr s~id 1wsb~nd. , WITNESS my hand and official se+l thii ~ y day of A. D. 19~ { ~ i Notsry Pv in ~nd for the State of Florida at Lup~ M xpires; ` Retwn Ta, p y C io~ e ; r~a.~.i s.,,k,~. a~~,~,«~F,d,~~~~1_~ E C 0 Q E D j u of ~ pp.~ v;~.«. . ~ ~ 0 0 K r'rot+ry PueNc. ld1~ ot llorRl~ ~t ; MY Commiuion Expfns Aus 6, 196 ~ ~ ` ':~Y~,tr.e~'e.s~.~ Fro.~a, 6wIK~i.~i01.1L~ -v~ ~ ~ 8m~r1R~n ~%;r. '66 FEB 24 Ph1 3: 13 _ ~ , ~rr i ` f r ' .r . ~ . , ~ 143U~3~~ • ~ ~ I = • a`~ ~ .f) : 11 ` • V ~ =i:= `~J,-n~, ~ : ~ ~ ROG~ti f~ i;:"~ f:::S. CLERK _ ~ c~~"' - , ~ ~ ~ ST. LUCfE COUhTY, _ _ . ' FLORiDA - . • . ~ ~ - - - ~ - . . 0 R ' • ; ~139 2r~ ~ ~ . . ~ ~ - n,. _ ~g ~ _ R ' s y - ,J.~ - ~ . ~ ~~~.~~.~s . : a~'