HomeMy WebLinkAbout0926 [ ..S ° <,r
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3. To pl~a and c~ontMNro~aly kNp on tM buildirpf ~ow a I~~aft~. dtwt~ on ~id land a~d on ~II putpnwnt ~nd pawn+dy ww~~d bY tNs ~na~¢
aqa, with sll pr~miueR tt~wn p~id in f~ll, tw~ i~u~xa~c~ in t1r viwi ~urdud poiky fonn. !n ~ sw~1 approwd by tlw MORTGAGEE. ~~d win~town
insw~nn In tM ~~wl iundud polity foren, in a sum ~pp~OV~d bY tM MORTGAGEE~ in wch con+panY a coa+Wn~M a th~ MORTGAGEE may
dtr.c~ ad ~N fir~ a~d wi~chro~m insw~na Po1ic~ on ~ny of said build~np~, any im~.at tlwrein oe pwt tir.wf. h~h~ pp.ysb w~n ~fa~sWd a
In uca~t tl+~f. aiwll ooM~in ~M uswl a~e~dard matyapN dww w such whr dws~ ~s ~M AAonya~ may rpuih. makbq t!» Iwi ue~dK ~aid po1F
ti~a, Nth ~nd ~w+Y. WYaW~ 1o s~id MdtT('iAGEE as iri inter~st enay ~ppN~. and Nth ~nd ~vNy ~vch policy sl?~II be pranpthl qs:qMd aod tMiivK~d~to
•ny h~W by s+W MORTGAGEE a fwthN iecwi~r to s~id mapap~ d~W. a~+d. na t.s. fh.n t.n (to) d.ys ~a .dy+~o. oi ~M .xpnrwn ot .«h poiKr. ro dr
livu ro wW MORTGAGEE ~ ra+ewal t!Kreof, topNMr witA ~ nuipt fa tM pn~niwn of wch r~eNwalt and tMn sMil b~ no f'v~ a wi~tan+ inwr~na
plaad an ~ny of taW twiWinps, any intKat tl~~in a pan thK~of. unleu i~ tl+~ fonn'and with tM Iws p+y~bb a~fw~utdt and In th~ ~wet any swn
of mon~y baonw payabb wd~~ wch politp or policirt ~aid MORTGAGFE shall Aaw t!» option ro ~~aiv~ u~d ~pply tM w~ on auovnt o1 tM ind~b~~d
rwu Ncw~d h~nby a a pKmit ~aid lY?ORTGIIGORS to naiw and us~ it a any pul thereaf for othe~ pu?poses. wi~ho~t tF?Keb/ waivinp o~ impair-
iny ar?y pvity. li~n a riqht ~ or by viNw of thU matp+p~t a~d 4+ tM ~wnt qid 11A0itTC~AGORS ahall fp ~ny ?tawe f~.9 to ke~p tM ~aid pnmi~ so
insur~d, or (~ii w dr~ivs~ promptly a+~y of ssid policies of insunau to s+id MORiG/1GEE, or fsil promPtly w p~Y lulh uiy praniwn the~efw o. in ~ny ~
r~ap~d f~il w pafa~n, discbar~e. uacvN. ~ff~. caepl~t~. canPhl with ~+d ~bid~ bp this cowi»nt. a ~ny pan hawf, sa~d MORiGnGEE may p1.u •~d
pav for wch Mawano~ a~ny put tl+Kwl wiMout walv4q or ~ff~aL+p anr option, li~n, pvity, or ight w~dK o~ by virtw of this Mwtpa~e. ~nd tM
full amount of wch afd wsry wd~ paymMt akall b~ imn»diatdr dw a~d p~ysbf~ ~nd ih+Q bw inlKest fran th~ dah thKwf w+tii p~id M tM ~+M of
n~r» pM antwn pM M++wm ~nd top~the~ whh wcA intaeu ih~ll b~ s~cund by tks li~n of th8 mo~tpap~. ~
I, To pKmiy ooirmif or wff~r oo wa», impairment or drrerioration of sa;d prop«ty w any p+rt tM.wf. :
S. To pay dl and ~kpular th~.oosb, charpa and ~xp~~, inc~++d:'+p + n~son+bh anornsy'~ f.. u+d aosn of sb•nacn of titl~, incun~d w piW at
rny tin» by ssid MORTGAGEE, b~cw~! w in th~ wa?t of th~ f~ilure oe tl+~ part o! tM uid MORTW?GOR ~o duy. p.ompNy ~nd fuly p~.forrn, d~cha~
~xecv». ~ff~d, aompkt~, oompiy with aod ~bid~ by ~ad+ aewl way tik stipulatia~a„ a~same++n. oa+ditiom, u~d oowMnn of ssid pomiswry nor~ snd tl+is i
morty+p~ +nY or eith~
, u+d u~d costs. chuqa ~nd e:p~rnea, ~~ch and ~vpy, sMil b~ i~r~di+tely dw ~nd paysblrs whethtr or not ~Mn b~ notioe dr j
msnd, ~tteenpt w oolhel or wit p~d'u+gs +nd tM fdl ~t of ~xh ~nd ~y wd+ p~ymera ~MII b~u ineeresf from the d+t~ th~rwt vetil paid ~t th~ ;
.are of nin~ per aentum pe~ ~n~wrn; aa! a!1 aaW cdsn, d~rpa ~nd exp~nses incwr~d a p~id, top~tha witb wch w?arat. ~11 b~ a~cuad !~r tM li~n of tha ~
mab+p~' ~ ~
A TM~ (a~ in the ~wot of any br~ach of this Morpap~ a dshuh on Mr put of th~ MORTGAGOR, a(b) in tM w+~t any of wid au~+u of ewn~y
hertin r~hnd to t» nW pranptly and futty paid within thi~ty (3~) dsys r?~at ~fter tt~ tarm isveralty bacort» due ~nd payabb. without d~m~nd a notiu. 1
or (~J in tM w~n~ ~ad~ ud wKy the stipulatioro. +yr~?tt. condita~s and coven~nts of sa~d p?oniaaory ~ot~ and tha matpa~ any a ~itMr u~ no1 ;
iuy. prampNy and fuly p~rfo~m~d, d~sd+~rped, eu~cuted, ~ffectsd, compl~ted. compl~ed with and abided by, tMn in eithtr w u+y such ewnt th~ s~id ap~
preg~M sum mw~tia»d in taid promissory nole then rem~inirg ~npaid, with inter~st acor~ed, and all emx~eys aecvnd hertby, shall bscoe~ dw ud p~y~ ~
abl~ fonhwith, or thKwha, at tM oprion of said MORT(~1GEE, u fully ard canplNely as if atl oi th~ said sums oF rt~oe~ey wNa aipindly stipubted ~
ro l» paid on wch dsy. anythirg io sa;d promissay nw~ or tn this Mortpaye to the contrary nonaitMtu~dinp: ~nd tiwr~opon or thereaha ~t th~ option of
uid AAGRTGAGEE, without notic~ or dsmand, wA at laa or in poity, therefon a tl+ertafter Mpun, m+y b~ prowcvtr.l a if ~II mo~tys s~eurd hKeby
had rMturld pr't01 t0 iri irWitutiOn.
7. Tha~ in tt+~ tvent tMt ~t ths beginnin~ of or at aay tim~ pend'ing ~oy wit ~pon this Mortp+g~, w to foraclou it, or to nform it, a to ~nfap
paynKnt of M+p d~Gns I+a?wnde~, said MORTGAGEE sh~ll apply to ths Court 1»virg jurisdrctan ~hereof fw tFK appo~ntment of a Receiver. wd+ Gowt sh~ll
fattiwith sppoint ~ nc~iver of pid mwtyaped property all ~nd sinputu. i~ctudu+y a8 and singular th~ income pofits, iuws and r~venws fran whatever
soura daiv~d. ~ach and wery d whicl~, it beinp ~xpressly u~ders~ood, is I+ereby mortyaged as :f apecifically s~t forth and deavibad in tlw prsntky and
hebendwn da~sa hereof, and ~uch Reuiver shall haw all tl+e brwd and effective funcrio~n and powers in aoywis~ emr~ated by a Gov?t M~ Receiwr, and
wch ~ppoin~ment sMll be m~df by wch Cowt a an admitted eq~ity ~nd s m+ttat of absolute ~ipht to s~id MORTGAGEE, and without r~ference to'tFr
adeqvaty or in~d~qwty of tM v~lv~ of the praperty mortqaged or to the solveecy or insolvency of s+id MORiGAGpR w tM deftndaMS, ~nd that such f
renrs, profiq, incan~, iswes u~d r~venues shall be appli~d by such Receivar ac~ord'wg to rhe lien a equity of ~sid MORTGAGEE and the practice of wch
Covrt.
B. To duly, pomptly and fully periwm, d'achar9e, ex~cws, effed, cwnpkte, oompiY with ~nd ~bide by each and every ths stipulaYara„ ayreem~nri.
condit'ans and ooverunts in asid proenisaory not~ and this monysp~ set fwth.
9. Th~t k~ th~ went the ownsnhip of the mort9ayad premaes. or u~y put thaeof, becanes vested in a person other tMn the MORTGAGOR, th~
MORTGACsEE, its wcceuors snd sssipns, m~y, withwit notice to the MORTGAOR, desl wi~h svch wuesior or auocessor in interest with rtferenoe to this i
mony~e ~nd ths debt h~reby secw~d 'm tM tame m~nner as w~th Mortgsgor without in ~ny way vitiatirp or d~scharqir~p the Matyagors' liwbility hsra
under or vpon ?M debt hersby seawed. No sak of fhe premises i?ereby mwtgsqed and ~o forbeu~nce on fhe put of th~ MORTGAGEE or its successon `
a ~ssiyns and no extsnsion of ~he time for the p~yment of the <lebt hs~eby secured yiven by tM kIQRTGAGEE or in succeuon or u~i~ns, ahall operar~
io releas~, d"ach+roe, modify chsr?~ or ~Hect the origind liability of the MORTGAGOR herein, eitMr in whol~ w in put.
I0. tt is spedficatfy a~.eed ~hat rkr~e b of the es~eece of ihn contrsct ~nd th~~ no waiwr of aqr obli~afan haeunder or of th~ obligatio~ sa
cz;red h~reby sMll ~t aoy tima thereahe? b~ held fo be ~ w~iver of the terms heroof or of the insfrumeM secwed herby.
I1. In aJdition to the forego:ng monthly payments of priot:p?1 snd interest required by the promissory ratt secured hereby, ~nwtgagor coveesnts
and agre~a to p~y ro morty~gea with each monthly paymenf an addirional sum es~imated by mortyagee fo b~ eqwl to 1/)2 of the annual cost of ihe fdlow-
ing: -
A-All nal property tsxes levied or auesud against the ~bove described real estate. - ~
6-Premivms on fire and windstwm inwrance st hcrein reqv~red ro be curied on the improveme++ts sitvate on the above desviked premites.
f
C-Premiums on sqch mort9+9e 9~~~Y insura~ce as mongayes sbsll irom trne to time deem fit to urry on tbe ban s~cured hereby. ;
Mortyages sF~alt from t~me to time rat~fy mo.tgsgw ~n writiog of the ~mount due and p~ysbls hereunde~ ~nd ~xh sum shall thereupon be due ~nd
pay~bl~ On the due date of the next monthly p~yment and ~ach successiw moeth thercaher vntit mortgagee thall notify martgagor of a chanpe in a~ch
amount. Such swns thall be applied by rr~ort~aQee toward the paymtnt of resl property taxes, inwrs~ce prem:ums, and mort9ape 9wranty insurance
premium~.
IN WITN •WHEREOF, the s~id MORTGAGOR hss hereunto s~t his ha~+d and sesl th~ d~y ~nd year ~nt afa~asid.
5~ • id ~ei presee~ct ofz ~ Q
~sr• ~
.
~ n
~ry
K--n
STATE Of fLOR10A ~
~a,~ ~ 3t. Lucie .
.
e.~or. m. p«,o~.ny.pp..r.d Lswis D. Becker~ Jr.
V~olBt I~~ Beeker his wife, to m~ well known and known to me to b~
rh~ individwk dna~d in and who ~x~a+ted the foreqoirg instrum~nt, and acknowledyed bsfore me that tiry ~x~cuted tlr ssna fw ti+~ pvrpwas
rhe~~in .,cpn,..d. ,~,d th. • Vi ols t M Be cker
w~r. ~r ..sa Le~?i s D. Becker, r. . w«~ .~.~...~a ,P.~,a
exusir?~tion bfr m~ qkan separstt and apa.t f.an h~r said hwb+nd. ~ckrwwl~dped a ~nd befor~ m~ th+t sM ucacut~d wid instrurn~t fnely and volw~-
rarily and witl~out arqr compulsion, cor?straint. ~ppreiwmion,~ hu of w fiwn ha ~aid Iwsband.
WITNESS m1? Iwd and offkial s~al a~~ ~y ~ •A. D. 19 66
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Nobry Pu in snd for t~,~t~~ Horida ~t i.ar~o
• -.!i;:~ My ' eapires: ~7
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"=~~~R:rv~rr foi : ~ Notary PubMc ita oT porida at Larp
~ F'~t~~~~~ '4,;°~:~,~i11O1 ' " My Commissfon fxpira Au~. 6~ I967
~;ii~~!' ~ y Bond~d 8y Am~ncan Sur~ty Co. of N. Y:
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~a'.~'g~~R~.~ FIIEp AND RE~ ~ppK ,
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