HomeMy WebLinkAbout0940 1 '
To plau ~nd ca+~i~wously kMp on ~M buitd;rgs now a h~reaha ~;?vat~ on ~td land and on sll eqvtpmeot a+d p~rsoMlly cawr~ b~r tAM np~~p.
+p~, wi~h ~II pnmiu~ ti»~wn p~id in full, ii« lniuranc~ in th~ vswl s~aeda?d poiicy fam, ~n ~ ~wn approved by tM MORiGAGEE. ~nd wi~twrn i
[mwa+o~ M th~ viwl s~a~dud pol~cy form, in • sum ~pprowd by ~M MORTGAGEE; in wch car~pany or c~ompani~s ~s th~ MORTGAQ~EE may
~'~ctt ~nd all fae ~nd wind~torm inwranp polici~s on any of Nid IIWkIi~f„ My klfNqt tMrtin Of p~H tI~MlOf, in tM p~rey~t~ wm ~for~aid a
In ucaat th~nof. sAafl contain th~ vawl ~~andard mor~qapN claus~ w wd~ otha c1«,,. as ~M Mar~a9.. mar req~'u~, m~kinp ~M Iws undN tsid pol}
cca, e.ch s~,d •w.y. wrabl. w uid MORTGI?GEE a~r: ~nrerea~ ~nar appw, and each and tvery t~th policy tMll b~ promptly au:9ned ~+d d~livend ~o
~ny h~ld by s~id MpRTGAGEE u fwthN s~cwity ro said mort~ap~ dabt, ~nd, not I~s~ than t~e~ (10) d~ys in sdvanc~ of 1M ~xpir~tion of tach policy, to da
liw~ ro wid MORTGAGfE • ~en~wal ther~of. top~thK wfth a tettipt ior th~ pnmiwn oI wd~ ren~walj and rher~ ahall b~ no fin or wind~~am iniwanc~
p1~ad on ~ny of ~ald build'?nps, any int~reat tFK?~in a put tMrw~, unlas in th~ fo?in'and wi~h th~ bss p~yabl~ as afor~said: s~+d in tM ~wn~ ~ny wm
of moe~eY becon~ p+rab~~ w,~~ wth policy or polici~s a~id MORiGAGEE sMll Mw tM option ro n~iw .~d ~pply tM s~e~w on accoom oi tM h+d~b~ed~
new s~cw~d Iw~by or a pKmit uid MpRTCrAGORS ro~scriw and ~ it w ~ny p~?? therwf for oiher pu~~,oses. w~~Aou~ ~herebi waivi~q or impair-
~np +nY pu~ty. lian a~ipht w~da or by vihw of this morry~p~t ~ed in tM ~wnr ad N10R1GAGORS sMll fa ~ny ~~+wn fail w ks~p ~tw aid pr~m~ses w ~
imw~d, a f~il to d~liwr pomplly any of ~id policies of inwnrw b said MOR1GAGfE, or fail promptfy to paY fully any pr~mium ther~fw or in any
n~p~cf bil b p~.foreA, d'nchu~. ~xscvN. ~f(M. oon?plet~. comply with and abid~ by tF?is oov~nant, a sny part ha~oi, said NIORTGAGEE may plau ~ncl ;
P+Y fa wd~ tesw~nc~ w ~ny part tlw.eof without wahrinp w affatlnp +^Y option. ~i~n. pu~1Y. a riphf und~r or by vtrtw of this Mat9ape. and tht
full Nnou++~ oF tach aod ~w.y auch paymsnt at+sU b~ inxnedNt~ly dw ~nd qyabl. and shall bw inte~esf hom tM d~r~ the.eof w?ril paid ~1 tM rah of
nirN pN pntwn pw ~nnum +nd toytther with wtA intt~est shsll be t~cured by th~ li~n of this nwrtpay~. r
To p~rmit. aommlt at wffK no wut~. 4ep~in~ent a dtteriaation of ssid properry a u~y p~rt t1~e?wf. ~
S. To pay afl and Wpvlar tM.casts, cMrp~s u~d ~xps++~e~, includ:,p a reaw~bt~ ~ttaney's ie~ and cos?s of abstwc~s of titt~. Ir~cun~d a pa'?d a~ ~
any time by aaid MpRTGAGEE, b~caus~ a in th~ ~wnt of th~ failwe on tM pu1 ot th~ aid MORTGAGOR to duly. prompty and iv11Y pKform, d~uMrg~
•xacvt~. ~fhd, aomplet~, oomply with ud ~bid~ by ~ach ~nd every th~ ttipulations, ayre~nynt~„ coe?difioeq, and cown~nts of s~id promissory not~ ~nd thw
~TO~ +~ll w ~i~l+sr. u~d said ooib. cM.q~s and ~xpxw~, ~acl~ and we.y, slMll be im~ned;~tely dw ~nd paY+bb: whetha a not tMr~ b~ notici ds~
m.r?d, att.mp~ to cdl.ct or wH p.ed~egs and rl+. full .moun~ of ~ad~ .od wery wd~ ps~m.n~ ah.11 bea. imeres~ fran ~h~ d•~• rhereof vntil p~id at th~
rate of nin~ p~r centvm ptr annum; a~d all s~id tdsts, chu~ and eape~sp incvrred w paid, topftAu w~~h wch int~rab ~t+sN b~ a~cwed by tM li~n of thq
i
a. ?Mt (a) in tM w~nt of any bnac6 of this Mort~s~e w def~ult on t1r put of tM MORTGIIGOR, w(b) in the ~wM ~ny of taid sums of mon~r
herein r~fur~d ro be not prompty u~d fuly paid within thirty (~0) dsys next ~he? tM iamt sever~tiy becwne du~ ~od pay~bM~ wirhovt demand p norice,
w W in rh~ ~wnt exA and •v..y H+. sr;~wt~tion~. ~grseraen», aond~tiora and cwen~nn of ~a~d promiswry oote ~nd th:s mw1p~ anr a ~itFw ut nol
iuly. PranPth and fulh V~a~d, d~rped, exscut~d, ~fftctad. compl~ted. comP~~ed with ~nd sbided by, tMn in e+tMr a u~y wch went ~M s~id aP
pre{~~t~ swn m~ntia»t! in said ptomistiory noN ths~? rtmaioinp unpaid, with IfItNt3! KQtl~ a~ ~II moneys kcvred htrsby, yhall becom~ dw a~+d pay~
able fonhwith,, a ~hers~her, st t!N option ot said MORTGAGEE, a fuly and eomplNely u if all of fhe said wms of morNy v„tr~ oripinally sNpulsted
ro be pid on sucA daY. ~+r~~C ~ s+~ P?~+~Y ~ a~~ho MorrQ+ye a rl» conrwry eorw~rhsrandtnp; aed thsr~~on or thertafter at th~ option of
u;d MORTGAGFE, witlaut norice o~ dam~nd, wh at I~wr a in aquify. therefor~ w thereafier bpun, msy be prosecuted u if all mo~eys s~wr~d h~r~py
had mifiMld pfiOl to iri inttifution.
7. ?hat in th~ ~vent th~t ~t tM beyinnieg of o. •t anr +~m. pending ~oy suit upoe this Mortyap~, w to fwectou it, or to refwm fr, a ro enforoe
wY~ ~+~Y daims here~+nd~r, a+;d MORTGAGEE shall appy to the tourt luviny jurisd~nion tfierwi for the sppar?tment of a Recriver, wch Coun th~l1
fatl+with ~ppoint a receiver of said mortqayed property all and sirgular. includ~np ~II and sirgulsr th~ inconr. pofits, bsun and reven~es fran wMtever
wuro~ duived, each and every oi wh~d~, it beinp expreufy undersrood, is hereby morrQaqed as if spec;fiully set forth and dlwib~d in t!w y~antirg snd
h+b~nduen dauses hawf, and such Reuiver ah~ll haw all tl» broad snd effeuivs functqm and powen in anywise entrusted by ~ Cou~t to a Receiver, and
wch ~ppointment shall be msd~ by wch Court ~s ~n admiqed eqv~ty ~nd ~ m~tta of absolute ri9ht to said INORiGAGEE, and witAou~ reference ro tht
+deqwcy a kwd~q~acy of 1M wlue of th~ prbp~ty mwty~ped or to th~ so,hency w insolvency o! said MORTGAGOR w the def~ndants~ and that wch
rents, profits, inoomt, issvrs aod ~~venws sMll b~ ~pplied by wch Receive? accordirq to the lien or eqvity of ~aid MORTGAGEE and the pwctia of s~xh ~
Ca+rt. •
!
d. To dvly. pamptl y and fully perform, ~ischa?Qe, execut~ effect, c+a~plete, comply with ~nd abide by each and ev~ry the stipulatio% apreements,
corwlitiom and coven~nts in aid promasay rat~ and this maty~g~ set fo.th. ' ' i
9. ?Fwt in tlN ~v~nt th~ ownenhip of tl» nwrtyaqed Premises. a a~y pan thereof, becomes vested in ~ psrson other tMn the MORTGAGOR. tl+~ ~
MORTGAGEE, iy s~xnsuars and ass;~ea, ,TUy, M,;~ha» ,+orice fo the JNORTGAOR, dsrl wi~b such wccesso. or wccessor ;n ;nterest wirh r~fcr~rKe to this i
mort~ay~ ~nd tl~ deb~ hereby ~etur~d in tha tame mamer p with Mort9~yor withoW ln any w~y vit~atirg or d~sth~ryinp tFM Mwty~gors' lisbility htrw
under or upon tM debt hereby seamd. No sste of ths premises hereby mo.r~~p~d and no fwbesr~nte on tM pa.r of rM MORTGAGEE a in iuaesso+s
or asslym and no exrension of th~ time for tM payment of tM debt her~by :ecvred 9~ven by th~ MORIGAGEE w ifs successors w a~sipos. ~hall ops~at~
to r~le+s~. ~isdw?pt. nwdifY ch+np~ or ~ffett tM wipinal li~biliry of tM MORTGAGOR herein, either in vvhole or in put.
10. It b specificslly a~ned tMt time b of the esience of ~his contract and that no w+~ver oi any obtgatan hereunder or of th~ obll~ation ss- #
a;nd Mr~by ~11 ~t any tink thcreah~r b~ held to be a w+lver of the temns heraof w of Na instrvment aecured ha~b~r. ~
11. In sdd~tion to the forego:ng n+onthly paymcnh of prin~ p~l ud interest required by the promis~wy note secured hereby. morty~cx cawnant:
and apreea to pay ro mort9ayee with e+ch monehlY paYmem an add~tionsl sum estimated by mortgagee to be eqwt to 1/12 of the annual tost of the follow-
if14:
A-All real property taxes levied a auessed, against the above described real est~te.
B-Pramiums on flre ~nd windstorm imsuranc~ as herein requ:red to be carried on the improvemenb situate on the sbove dewihed prem'iaes,
C-Premiums on uKh mo~tg~gs gwranty insvrance ~s morlg~gee shsll from t~me to t'une deem fit ro urry o~ fhe loan secvred hereby.
Mortgsqee shsll fran time ro time nofify mwtgagor in wriring of tl~s amount due and payabk hereunder and wch wm shall thereupon be dw ~~d
pay~bls on tM dve date of the ~ext monthlY psYment and each s~ccessive month thereafter until mortyayee shsll nofify mongagor of a charge in such
amount. Such swns shsll be applied by mortys~ee towsrd the payrrKnt of re~l property taxes, insur~nte pem:~ms, and mort9ape quar~nty insura~ct
premiunp.
IN WITNESS WHEREOF, tfK s~id N10RTGAGOR hss hcrevnto set his h~nd and se~l the day and yiar first afwasaid.
~Si d, ~I~d a~nd ~I~w?ad M pe of:
~~Z~ G~
~ . •
- ~~n f
STATE Of FLORIDA ~
courmroF St. T~ucie ;
~
e~f«. m. p...o~.~y .pp~,.ed Fr? nc e S p. Bos t~ 8 widow ~ ~
ths k~d'ivldva dacr~ed in ~nd who uscv~~d the for iiutruma+t, and acknow to m~ wefi known ~nd krawn to ms to F» ~
~~+y led9ed before me tMt7~+T~ ~zewted th~ ssm~ fa tF» p~rposaa
ther~in ~xpraMd. .t6t s!'1P.
~lC~7QMJ0~[d uPy~-~Ir~i~U~ii[~ ~
J47C~j1°J[7l~JAC'J~A~k+~(~14l~71~![7Ni~C<„~~~~~q~QOl~~4C~i4t~iltdC~C~1l701~Kl6lCi~Q~pO~if~IGYel~r7iif~iii6~( I
~~C$[. ~7C~DDf~GXi~[IX~lLtJba7f~~
~ .
WITNESS m1? Mnd and official ~eal tl.n day of /1. D. 19G25~
!~'x~ illlUllllu~; .
Q ~ Not+ry Vublk in ad fw tht StsM of Florida at larp~
~ O'~ Return Ta MY Canmission expira:
_ L wi~s i Losn AswcisYan ' ' !'IOtar~ Pubi~c. $tile af flot~di at 4~rqa
1 j~ 1 f Fort Pierce.
s ~ Cameissio4 Expires Nor. 3, i%4
s+o
oK.~, F+o.~d. c Rp E D
s ~ F ~FC O ~°`d'e tr ~loi!'H~R~ tit~i/lu~~, .
q 1 C K ~UO'!!
G~~f.:,}1~SLy ~Di. = .•~.w, ~`~17,~ ' ; ~
~ y..• •.,3.
. ~II''~ ~ I~ ~ , • ti
Jw ~ ~ ~ p~ ; `~2,8c~c,~ ' ~ :
.:~t~ :c~6=
O~ J ^
N - •fi6 29. _
~ o~ -~~~:~i~sa.{;..
K : F
;:oll~~um~ a t ~ ~ ~•.r.
,~'G . aG~~ ~~"'~U,y~Y. ;
C , r :7r , i?.~
,,..4t ~
~INno~ ~
~~i.eR~~~' V``. .J " ;
~~~m •ls g°ooK~44 ~
_ . ~
_
L---~ - - - '
_ "~+~.'3~ r - - - -