HomeMy WebLinkAbout0532 . : j~~.:
To plaa and conti~wanly kNp on tlN buildinps raw a M*e+he~ ufu~M on said land and on dl puipm~ef N+d pKwM~~lr cownd bY thi+ maq~
+p~, with ~II pn+eiwra thKea+ pa~d in fu14 fin insur~nc~ in tht usual srudud poliey form, ~n • iwn +pprowd bl? ~M MORTGAGEE. ~nd wind~toren
iraww~a in tM uswl uu~da.d po~~cy (o?~n, in a wm approv~d by tM MORT(~AGEE; in wcA ca~+pany a ca~P+^ia +s tl+~ MORTGA(iEE m+y
dindt and dl fu~ ~nd wind~arm a?swana potici~a on any of wW bvildN+p~, ~ny iot~r~a~ tfiK~in a pwt tMrwf, in tM apprep+~~ swn afortsaid a
~~xoea thK~of, sMll eonain N,~ wv+l ~~andud mor~yaqe~ d+v~ a iuch o~Mr elaus~ ~s tM Maty+~N m~y ?pu'u~, maUeq ~h~ Iou w+d~. s~id pol}
da. ~ath ~nd w~rN. WYabi~ w uid MORiGAGEE a its intatst may appNr. u~d ~stA and ~vMY sveA Pulity sh+ll b~ promptly ~a:9ewd ~nd dtlivtred to
•nr h~ld bp aid MORTGAGEE u fwrha secwify ro aid morpap~ d•br, and. not ka tlwn t~n (1~ days In +dv+no~ of rM ~xpi.aion o4 eacA policy. to dr
IivN 1o taid M(?RTG/1GEE • ~~newal therwf, to~~ha with • rec~ipt fa tM praniwn of wch ~~e~walj u~d thK~ sh~ll b~: no ik~ a wind~~am inwwnc~
pl+ad on anq of uid buildieps ~Mr Interat tMr~in a put tMr~of, w+l~+s in the form' and wi~h tM loss p+y+bb ~s afor~~aidr and in th~ ~wnt ~y wn~ t
of mon~y becan~a WY~bI~ v~r wch policy o~ policiN s+id MORTGAGEE shall Iww tlw optwn ~o ~~aiw r+d ~pply tM san+~ on aaovnl 01 tht ir~bted~ ;
nfp ~tcv~~d Iw~by a w permit aid MORTfsAGORS to tsoeiv~ ~nd ~ h or ~ny part ther~of (a orher purposes, w~~laut ths.eb~ waivinp o~ impair• i
;ny ~ny puitp, li~n or ripA1 w~de~ a by vit~» of t~+is morty+D~t +~d i^ tM ~vtet s~id MORTGAGORS fl+dl fo~ ~ny hawn fail fo kt~p IM uid p+~misa so i
iruu~~d, a f~il w d~liva pranptly any of ~aid policies of iasunec~ ro said MORTGACiEE, a fail pron+prly ~o paY ivlly ~ny pr~miwn ths+~for or in +ey ~
r~sp~d f~il w pafocm, diuMrg~. +xscvt~. ~ff~d. compbt~. comph vvith +nd ~bid~ bY this cow^+nt. w ~ny p+rt herwf, s~id MORTGAGEE may plau and ~
fuli ~noi?el of each ~nd ew~Y such P+Yr~+f t~ihall be ~~tdy dw
~
py~+bN and tA+1~b
ar intKesf~ fran tM dayt~1thereo~w?tU p+'d~~ Mic ,
nin~ pn caNwn p~r ~nwm and together with sucA inte~est al~sll b~ s~cwed by th~ li~n of MJs inat~+p~. i
1. To parn~ie. aomnpt or :~ff~r oo wa~t~, im~»imxnt a detarior~tion of said propaty or +nY PKt tMrwf.
S. To p+y all and slnpul~r th~.oosb, ch~rpes +nd exPenses. incl~dinp a re~sonsbl~ anwney's fe~ ~nd owK of absn~ oi titl~. incwr~d w p+Id at
any tim~ by said MORiGl1GEE. bscavs~ or in th~ avK?t of tM i~ilun on the p+h of tM said 1MORTGAGOR ~o duh. prompty ~nd fuly pK(am, dixhugR
execvt~, ~H~d. aanpt~t~. canPh with aod abid~ by ~ad~ and every the ~tip~latans, ayreem.nn. ca+ditions. and oown~nts of s~id promiswry not~ and ~hb
mo.~pap~ +nY a eirher. aod s~id cosb. ch+r0es and ~xperws. cach ar+d wery, sl~sll b~ imrnediatsly dw ud p~Yabt~s whethe? a ~ot M~er~ b~ notia d?
m~nd, ~tternpt ro coll~cl w wft p~~dinp: and tM fvll ~naw?t of ~ach end ws?y svch WYrt~+t sAall b~a. intarsst from tM d~q tM?wf until paid ~t tM
rate of nin~ per centum per annum; +nd +II said cLin, chu~es snd expenses i~curnd or p+id, top~th~r w~th sirch int~r~st, sh~ll b~ ~cur~d br tM Iwn of thi~
mar0+y~-
A. 11wt in th~ ~veM of u~y bre~ch of this Nlatpape w defavlt on tFr p+rt of tM MOitTGAGOR, w(b) in th~ ~wnt ~ny of wid ~ums of mon~y
henin r•far.d ro b~ na prompny and fuly p+id within ~h~rty (30) dsy~ nex~ afta tM same uvaally becane dw and payabb. without dem+nd w notin,
or (c~ tn tM wMt each ~nd ~wry tM stipul~tioea. ~green~ts. conditia+s +~d cown+nts of ss~d promissory note aed th~s mapape anr a eithK +re na1
iuiy, pompNY and fully perfwm~d, d~schuped, execut~d, ~ffected. compl~ted, canptied with ~nd ~bided b1r. th~n in ~~ther a any u?ch weM tM said ap~
pre~b swn mtnY~orwd in ~afd ptomistiory not~ tF~en rtm~ininp ~np+id, with i~t~r~st ~cuued. and all mor~eys sacurod hereby. thdl bstom~ dw ard p~y-
able forthwirl~, a th~resfra, at tl+~ optlon of iaid MORTWIGEE, ~s fvlly ~nd compl~~ely as i1 all of the uid wms of ma~ey wsn aipirwlly st~pulated
ro b~ pa~d on wd~ day, anythiny in ssid promissory eate w in this Morty+ye to tM contr~ry notw~tMundinp; and tMrwpon or ~h~reahN +t tM opNon of
said MORTGAGEE. w~thout notK~ or demand, wi1 ~t lawr w in puity. ther~(we or thereafter b~gun, rtay be prosen+~ed u if all Ron~ya s~cw~d Mnby
nad matured pra. ro in i++s~iwtan.
7. That in th~ ~vent that at the beginnin~ of a~t any tim~ pe~dinQ ~oy wit upon tha Morty+pe, a ro f«eclose h, w ro rofam h, w to ~nforp
aY,nen~ ef ~ny c{a'aro hcrcunder. wid MORTGAGEE il+all spply to the Court havFny jurisdic~an tixrsof fw the ~ppo~ntment of • Receiver. wcl~ Court shsll 1
Fortliwith appant • receiver of said mort9aged property +Ii ~nd sirgu~u. includ~ng all a~d s~ngu~~• the income. profin, awes and r~v~nua irom wMqver ~
wurp d~r'~wd, ~ach snd every o1 whKh, it beinp expressly unders~ood, is hereby mw~gaged as if spec~fialy set fwth a~+d deuribed tM y.antinp and `
hsbendum dauses haeof. and such Reoeiver ~hsll have ~II the boad and effettive fvnctio~+s ~nd powers in anywise ~nhvsted by a Cou?f to a Receivsr. and
such ~ppointerw++t sMll be msde by wch Cowt +s sn admitted equity and a matter of sbsol~rt~ r'gM to ~sid MORiGAGEE, and witFaut ~~ference w tl»
sdeqwcy a inadeqwty of the v~lw of tM prcperty nwrtg+ged or to the sWvency or inso~ve~cY of ~aid MORTGAGOR a. tl+~ defsndants, and that wch
renn, profits, inca~e, iswea and revenues shall be applied by such Receiver accordirg to th~ li~n a pvity of ~aid MORTGAGEE and tM practia o~ wch
:
CouA. • ' .
& To duly, p.o~rti u,d fi,ty P..fo.~,~, d~sch~r~e, execvte, effect, eompkte, oomply nnth and abid~ by esch an~ wiry the stipul~fioia„ ayraements,
condifiom ~nd cove~+nts in said promisswy rate u+d ~his mortgsge tef fwth. _
9. ihat in tM event the owne?ship of the mortgaqed premises, a a~ryr p~rt thereof, becomes wsted tn ~ person other th~n the MORTGAGOR, the
MORTGAGEE, in wccessors and +uigns, may, v~iuhouf notice to the MORjGAOR, deal with such wccessa o? succeswr i~ i~tsrast wi~h reterence to this
mortppt and the debt hereby secwed in tM tame mamer as with Mortga~w without in ~ny w~y vitiatinp or d~sch+epirg ths Morty~yors' liability I+s~s-
unde? w upon the debt hereby secured. No s+le of the premises hc?eby mortp+~ed ~nd no fabearance on tFr put of the MORjGAGEE or in waessors t
or auignt and no extension of the time fa tM paymcnt of fhe aebt hereby secwed ~iva+ by the MORTGAGEE w in w~oasiors a+ssiyr?s, sh+ll opKat~ (
ro r~leas~, d~scMry~, modify charge or affect the oriy~nal IiabiGry of ~he MORTGAGOR h~rein, tither in wlak or in put. . t
10. It h spechically sgreed tMt tirn~ is of the esxnce of tha coraran ~nd that no waiw? of u~y oblig+non hereunder or of tM oblipatae ss-
c.;red Mnby shall at ~ny tirne thereafier bt heW to be ~ waiver of tM terms hereof a oi the iratrwnent tecured herby.
11. In add~tan to the faego:ng rnonthly paYments of princ'p~l and interest requi?ed by the promissory note secured hereby, morf9~gw coranants
and syrees to psy to mortq~gee wiih tach monthly psyment an sdd~rional sum estimated by mwt9~gee to be eqwl to 1/12 of the annusl cost of the follow- ~
ing: .
A-All rea) property tsxa kvied a assessed agai~st the sbove desvibed resl estate. ~
6-Prem~wr~s on fire snd windstorm insw~nce a~ here7n requ~red to be urried on the improvemmn situste on the sbove desc.ibed prtmises.
C-Premiums on such rnwt9~ge 9wra~ty inwrance ss mo.tgagee shstl from time fo t~me deem Rt to urry on the loan secured hereby.
1Nortgs~ee sl+~Il from time to time notify mutgagor in writing of the amount dve snd payabk hereuntler +nd such wm shsll thereupon be dut and
j pay~bls on the ,due date of the next monthly paymero aod ~ad? soccessiv~ month the?eaher until mwt9age~ shall notify nwrtg~yor of • dwrgs in svcl~
~ amount. Such iums shall be applied by mortpsyee toward the piyment of rea) property t~xes, inwrance pem:wns. ~nd mortyspe 9wranty inwrarw
premiurrq.
~ IN WIiNESS WHEREOF. N~e said MORTGAGOR has here~rnto sN his hand and seal the day and r id.
~ bd ~nd liwred th~ of:
~
~
r _ q
n
~
STATE OF FIORIDA 1 : •
~ 3t. Lucie ~ ~
e.ra~ p.na+dy ,pp.,,.a C. J. C r i a t .nd
I rene C ri a t h;, w;r~, to ,ne WQ„ know~, ,,,d knowe, „ m, fo e. ~
tf+~ &KGvidwb d~su~sd in ~nd who ~xecvted the fw instrum~m, and ~dcnowledped b~foro me that they exeaned tM ~am~ for thi purpwei
.~,..,.a, ,4,d ~,;d Irene~rist
w~r. ot ,h. ..~a C. J. C r i a t up«, .,.P...t. .~a a~,,,a
eaa~»ination by nw tak~n sep~rat~ ~nd aput from her s+id husb+nd. ~dcnoMrlad~ed w and befors m~ th~t sM exocvt~d wid iintrument he~ly and vokrn~ ;
tarily and without Mqr compulsion, cautraint, appreheroion,~o fesr of a from her wid Iwsband. ~
wm~ES.s mv ~,a .~a ...i ~ d,r ~r A ri o. ~q 66 '
;
~ ~ 4
Notary PuWic in ~nd far tM St~t~ of Flotida N larp~ ~
~ M Commiuion ~x ~
Retum Ta y ~~Oiary pU~K. SUl! ~ F~011~ ~l ~.if¢ :
Fu" F°d".~ P~r`'°"' '""°`~t'°" FI LE9 AN D RE C 0 RO E ~ i~ Co~missax Expires tJor. 3.1969
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~ ~66 APR 25 A~I I I : 06 ~ - ~;~~_.~1.~.•• .
~ •~~z :Y~
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144680 : . ~c~ : :
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LERK ~
0'~ ROGER POi ~ hAS. C ..~~IZ,C~_.~ ;
' G LUCIE COUNTY. ~ , '
• ~ y
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~ ST. FLORIDA ~J3~'~"~9~;~~~ _
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BOOK~~J ' °
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