HomeMy WebLinkAbout0166 t { i . .
To p1+a a+d contiiwwusly kNp on tM buildinp~ eow a Mr~ahM ~itwt~ on uid tand u+d on all p~ripm~nt aed pasona~N oowr~d b1? t1+W nar~P
~p~, with all pr~miun~ tFweon paid in full, fi~~ inswaen in th~ ~swl sundud policy fonn, ~ a sum ~pprowd bY tM MORTWIGEE, ~nd wind~torm •
tnsw~na In th~ wwl au~d~rd pol~cy fo~m. in a wm ~pprovtd by tM MORTGAGEE. in such canpany a ca^Wnia a tM MORTGAGEE rnay
dY~cti and all fk~ and wiMhtwm Mauranoe polici~s on ~ny of s+id b~ildinp~, My intemt ther~in a pnt tMnof. ln tM pp~ep+~~ wm ~faaaid ar
N~xa~s t~ar~oi, tMll aon~ak~ th~ wwl sundud mat~+yN clw~ a tuch wl~u dav~ a th~ Mortpa~ T~1? nqvK~. ~++klnp tl» loss w+du ~aid pdF
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dM. Mch and ~wry. WY~bI~ to said MORTGAGEE q ib intatst may appNr, ud ~ath and ~wry wEh Pelicy ~hall b~ pranptly qs:yned M+d ddiwr M
any h•Id by wid MORtW?GEE a funMr s.cv~ity ro said monp+~. d.br. ~nd. ~wt 1NS than nn (1~ d+y~ in ~dvanc~ of tM ~xptratta~ of ~+ch policy. to d~
liw~ to ~afd MORTGAGEE a r~wal thawf, fope~Mr with a no~ipt fw tM pr~miwe of wch nn~wal~ and tlwh sMll be no P~n o~ wiads~am irawana
p~aod an ~nr of wid Iwildirg~ ~ny i~Mrest tlwr~in ot p~rt thenof, unttis ie tM fo?rei'a~d vr~~h ~M bu P+rabt• .f«.•.ldr ud in tl+..wn~ .ny wn+
of naewy b~eon?p p~y~bN w~du wd~ poliey a poliei~s s~id MORTGAGEE shall l+aw tM option a noeiw ~nd apply tlN a~m~ on aeoount o1 tM ir~bt~
n.u ucw.d h~r.by a a p..mi~ s+id MORTGAGORS ro r~ceiw •nd w• N a any put thereof fw oii+er pu~pwes, wi~hol1t the.eb~ waivi~~p a unpair-
~g «+r wwb. ~i~n a riqM unde? a by vktw of N~ mon9+p~j and in tM ~vent w~d MORTGAGORS shall fa +~+y nawn faN to ke~p ~Fw wid pnmires w
frovnd, a f•il a ddiwr P•~Wh +~Y of said polaiea of inwnnn ro a~td MORTGAGEE. « f.~~ P.w~,Pry ro Pay t„ih? +aY P?en?ium ~h.nfa or In any
nspKt fall b pe~fonn, disdwrpe. ~:~cvt~. ~ft~ct. comPb~+. oomplY with and ~bid~ by this coven+nt. a any psn hKwf, s+id MORTGAGEE m~y pliu and
WY fa wd~ hwaana or ~ny part thK~of witAout wahirq w~ff~ctinp ~nY cMioA. ~i~n. ~Vu~~Y. a ripht wdM a by vi~tw of thls Matp+p~. u~d tM
fvll amoue~ of ~ad~ s~+d ~vwy wch p+ym~nt sA+ll b~ im~~edianly dw +"d p'y+bN a~d d»II b~ar intKat from th~ dat~ tha~eof u~?til paid at tM r~n ot
niM pa oa~tum pK uwwm ~nd topeN+er with wch ieterat iMll b~ secvnd by tM li~n of thls mortyap~.
1. To pMmlt, aommlt a wffM no wast~. imp~irment or deteriontion of taid p~opKty o~ +~r put tl~eof.
5. To p~y all ~nd slnpula tM ~coats, clwp~s uid ~xpcns~s, includinp a nawn+bls ~ttorn~y's fN ~nd aoib of ~bsnac» of titl~, kKwr~d w paid ~t
~ny tien~ by wid MORTCAGEE, b~eaus~ a~ I~ tM ~wnt of tM iailuro o~ tM put of tM siid MORTGAGOR ro d~ly, pranpty and fully putam, d~seha~,
~xecw~. ~ff~ct. oompl~~~, oomPh~ with and abid~ b~r ~ad~ ~nd ever~? tM stipulatioea. pre~neo~s. conditiar. and oov~n~nn ot s+id promiuory noh and thia
ma?9+p~ +~Y or eitFw~. ~nd ~aid cosM. clw~s and eaperws. s~ch end ~very, sh+ll M i~evnadiately dw s~+d pay~bl~: whether a not tMr~ b~ naici dr
mand, attemp~ to ao11M or wN p~s and tM full ~rnow~t of sad~ and w~rY wd~ P+lrm~~t sh~li b~a iot~ns~ fran th~ dat~ tl+~r~of until p~id a~ tAe
ra~s of nin~ per centum per anrwm; snd all s~id cdsn, cMrpss and expenses incwrd w paid, top~tt+K with s~xh int~rat. ah+ll b~ Ncw~d by tM Iwn of tlw
~q+0~
0. ThN t~ in t!w ~wm of any lxsach of this Marpap~ or d~fault on tM put of th~ AhORTGAGOR. or (b) ie tM ~wm ~ny of ~a~d w~ns of moMy
Iw~~tn r~hn~d to b~ not promptty ~ed fuly paid within thirty (30) days next ~ftar tFw sam~ severally becom~ dw and pay~bb. without dem~nd a notioe.
w W(n fht fvMl~ Mth and wMy fh~ sKpulationf. prNmenlf. cOnditiOM arfd CO~~eMnfs Of said promiuory nWe ~nd this mwpap~ any w eitlw an nol
iuly, pomptly and fuly p~rform~d, discharp~d. ~xecuted, effected, campl~ted~ compti~d with and abided by, tMn M eithK or ~ny such ~wm tM wid +p~
prg~q swn m~ntiand in s~id p~omiiso~y rat~ then nmaini^p unP+7d with in~er~s~ ~csrwd. and all moneys x~wed her~by. shdl b~aon+~ dw and p+Y~
~bb forthwirla a tMreaher, at tM option of said MORTGAGEE, ~s f~lly a„d compb~ely as if all of th~ said wms of mary wer~ wgin~lly sttpubted
ro b~ piid on wch daY. anythiny in sstd promissory note o? in this Monp+ye ro the contrary norwitMtu~dinp: and therevpon w thereaftK at tM option of
wid MORTGAGEE, witho~rt ootic~ a dem+nd, wi~ ~t laa o~ in pvity 1F1QfOEOf! p fI1QfNNH ~W1r fIMY b! ~fONCV~ld a if dl moeKy~ s~wnd Mreby
h~d m~hMld pfiOf to in inttitution.
7. Th~t in th~ went tMt at th~ beg&mirg of w ~t any tim~ pen~!'irg aoy wit upon this Mwty~pe. or w foreclo~ it, or to rofam N, a to ~+?fwc~
p~yeneM of ~ny dwm hera~nder. said MORTGAGEE s!»II apply to the Court havin9 jw~sdiction tFroreof fw the appo~ntment of a Raceive~. wch Cowt sMll
fortliwith appoiM a hceiva of said mortpaged property sll and singvlu. incHrd~nq all and singulu the irKans, poiits, iswes and rever+ues from whstw~r
wura dalwd. ~ad~ aed ~verY of which, it b~inp expreuty undentood. is hereby mwtga9ed u if ~pec;fically s~t fath and describad in tl+~ prantinp and
h~b~nd~m davs~s Mreof, and wch Rauiwr shall haw ~II tlu broad and effectiw fv~d~ons and powen in ~nyvvise emrusted by a Co~rt ro a Recshrsr, and
such ~ppointm~nt shall be m~d~ by wch Court u an ~dmitted equity ~nd a m+tta oi ~bsolvte r'ght ro ~aid MORTGAGEE, ~nd wiH+out reftrence ro the
ad~quacy or kwd~quacy of tM valw of the prbp~rty mor~y~qed or to the whrv+cy or insolvency of s+Id MORTGAGOR a the def~~dann, and that such
~ema,.prof;ts, inoom~, iswes ~nd rwerw~s sh+tl b~ apptied by such~Receive? accordinp to tM tien o? puity ot taid MORTGAGEE and the pr~dio~ of such
8. To duh. P~«^Pth? and fully perfonn, d'achar~. ~xecute, effecl, compkte, comPh with and abide by ~each and ~wry the stipul~Y~or~„ preements,
c,o~d'itions ard ooven+r?a in said promasory not~ and tF~~s mwtq~ge set fath.
9. TMt in the event the ownership of Me morty+9ed Prer^ises, a~mr psrt thereof, bec~omes vested in • perwn other fh~n the MORTGAGOR, th~
MORTGpGEE, in wcces~on and auiyns, m~y, wi~how no~ice to the MORTGAOR, deal wirh sud~ waasor a suaessor in interest with r~fer~nce to this
morpps and the debt hereby secured in tM s+me manne? as with Mwtyapor withouf in any way vitiati~g or d~sclwpi~g th~ Mort~+gon' Ilability h~r~
under w ~rpon the debt hersby secwed. No sala of the prem~ses hercby mo.lpaped and ~o forbcar+nce on the paA of th~ MORTGAGEE or iri wcoesson
a aiig~~u and no ~xtension of tl+e time for tl+e p~ymenl of the deb~ hereby secured 9ivcn by ths MORTGAGEE or its wcanso~s a ass~yns, shall operat~
ro nlease, d'ad»~ye, enodifp charg~ or ~ffect tl+s oripinal I'ab~l~ty of tl~e MORTGAGOR her~in. ~itMr in whde w In part.
10. It is specificslly ~yreed tMt Y~ms b of the euenos of this coMr~ct and th~t ra waiwr of any oblip~Y~on haeunder or of th~ obli~ation s~-
cund hareby shall at any tirra theresHa bt held to be a waiwr ot tM.t~rms Aereof or of tlr imtrum~m secured Mrby.
11. In additioe~ to the faego:rg monthlY payments of princ:p~l and imerest required by the promisswr note secured heteby, mortyayor tora+anb
and aprees to p~y to mwty+gee with each mo~thlY psYrnMt an ~dditional svm estimated by mort~~gee Lo b~ equsl to 1/)2 of the annwl oost of the follow-
ing:
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A-All resl property taxes kvied or assessed agai~st the above desuibed resl estate.
b--Premiums on fire snd windstorm imurance as herein requ:red to be unied on the improvanenri sitwt~ on tAt above described promites.
C-Premivms on such mon9~ge 9u+nnty inuxance u morty~gee shall lrom i~me to' time de~n fit to carry on the ban secu~ed he~eby. f
Mortysgee shsll from time to twne eatify mwtgagor in w?itinp of the amount d~e and psyable he?wnde? and uxh wm shall thereupon be due and ;
paYsble on the due date of th~ next monrhlY payment snd each sucussive month thereaNer until mortysyee sh~ll notify rnortgagor of'~ chanpe in such
amounf. Sud~ swns shsll be ~ppl~ed by matyaQee toward the payment of real property taxes, insurance prem:ums. ~nd mwty~e ywr~nty inwrance
W~-
IN WRNESi WHEREOF, the aid MORTGAGOR hss hereumo tet his h~nd ~r?d seal th~ day and yeu fint ~f
~ S~d and d~liwr~d e pr~ nos of:
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STATE OF FLORIDA ~ ,
St Lucie
courm oF • . .
~,,,~p~ i ,a,.,,.d W. A 31~~~ghter ~ .~a
1 de ~8 C. Slau~hter ~ W~f~, k,wwn ,nd k,aw~, „,ne b.
the 4~d'wldwb d~scr~d in and who ~xecutad the fonpo&g irutrurn~nt. ~nd acknowledped befon m~ thst tF»y ~x~a~t~d the ssm~ fo~ tht pwposes
~ ,i,. ,,;d Idella C _ Slau~hter
,~,N~ ~ n,. W . A . 31 au ~t Q r , w«~ , ,.p,..,. ,~a
wt
•xaminsYan bp mt hk~n ~eparat~ uid apart from her ssid nd. ~krwwletbed b~nd befort m~ thrt sh~ tx~wt~d s~id 'uWrvment fnely and wMi~
ruity arw! without aqr eompufsan, eautr~im. +F+Prel~eea' fw of or from her said lwsbarwl.
w~rr,ess ~a .~,a ~w.~ t~ /3- d,,, ~ A i o. ,q 66
Nw~.y Pubtk in «+d f« rh~ St,t. of Plorida .t tup~
My Commiision .~pi..s:
RMrm ta. • ~
F4st F.daal s,~irgs a t:oa~, n.wcNr~a+ • • Notary Public, State ~i Flaid~ ~t Larqe
or Fon PK.c.. RpED p fiAp Coa~issioe ExPira Nor. 3. 1469
fort Pieru. Fbrida C` R~ BQ~K ~ bwd~d ~r Fw i Cwa~r Cw
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~ ,66 ppR 1 1~4t~~~6 ~ - ~y~: ~ ;~i ~ : ~ :
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• ~T p5. C~ERK ' : :.~-~.~-..r.-p ~s: ~ ~
R~~ER p0 R~~uNTY, ; • vs , ~ ;
UG~E . . ' =
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