HomeMy WebLinkAbout1089 T
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To plaa M+d ca?tirwousb kNp oe~ th~ buildinps now a hK~aha aHwt~ oe~ s~id land and on ~II puipnret u~d pKwn~lly covK~d bY ~~~P
with ~11 p~emiw~ tlwr~on paid in fuli, fin i~uur~nc~ in tFr uswl stardud poticy form, r? • svn~ ~pprowd bY tM MORi~GE~ ~y
inwwna in tM uswi uanda.d po~icl? fam, tn ~ wm ~pprov~d by ?M MORTGAGEE, in wch c~anpanY a ca~pan~a
d~nett and all fin ud wie~wrm ka~r~~p po1KMt on aey of uid b~riWags. ~nY tnta~s~ tMrein w pWt tMr~of, h th~ pprpaq swn ~foraaid a
In ~xcNS Iiwwf, ~MII oonf~in d» uswl aaodard mw~q+p~e dws~ a iuch athN clww a tM MwtpapN ~++Y ?puin. ~kinp IM bu undK s~id po1H
cia. N~ and ~w+Y. WYabl~ b f+id MORTGA6EE as iri iMtrsst may ~ppN~. •~d .acb .~d ~w.y wd+ Poiscy .~+.t~ b. rxo~N +is:y~ed .~d d.~iw~.d ro
~ny h~W by said MORTGAGEE a iwtha s~cwiry ~o s+id mort~ JeW. ~nd. not ks~ tMn t~n q~ d~ys in «lv~na of tM ~xpk~tion of ~ach Po~k1?, ro da . ;
I~vN w uid NWRTGAGEE a ~~wal tlareof. ro~~ha wirh a nu~pt fw tl» pnedwn o1 wd~ r~w~l~ snd ~M.~ shsll b~ no f'w a wtednonn In~w~na ,
pl~ad on ~ny of said bvildinp~, aay inte~~tt tMr~in a pwt tM~~of, unl~ss in tM forn~ ~nd whh th~ bu p+Y~bl~ as afwKald~ and k? th~ ~wnt ~ny swn 1
of moewy beeoem~ p+Y~bl~ ~ndK wd~ polieY w Poliei~s said MORTGA('sEE sh+it Aaw th~ optan to naiw aod apply IM wen~ on ~eeow?t o1 th~ ind~b~ed~
rx~s Ncw~d IN~~by w b p~imit faid 1NORTGAGORS to hteiw u~d vN it p u?y put thereof fw othe~ purposes, without therob~ w~ivi~g a wnpair• {
+~Y ~~b. ~i~n a ~iph~ w~ w by viAw o( Mis morlp+p~t and in tlw ~vent wid MORTGAGORS sh~ll fa any rtaion f~il to keep tM aid pnmise~ so ;
~nsund, a fdl b deliva pranpUy ~ny of said polict~s of inwnna ro said MORTGAGEE. w f~ii ~o~rN ~ wr fu~y any pr~rniwn the.~fw w{n any
r~sp~ct fail b pKfonn, diiclwr9~. ~x~cw~. ~tf~d. oomPleN. complY with ~nd abid~ by this cownant, a s~+y p~N Mrwf, s+id MORTGAGEE nuy p1+cY ~nd ,
r»y fa wch haw~ a any pwt thKeof witho~t w~lvinp a ~ff~ctinp ~nY oWion. ~M~. pu~b. o~ right w~dK w by vi.tu~ of thii Matpap~, and tM '
tull a~ouet of e~ch and wKY wd~ WY~ ~1 ~~~+~Y ~+^d pyabM and ah~ll b~ar i~at f~an tM dab thK~oi u~~il paid at tM r~t~ ol
n;n~ pN pMw~ p~r ~n~w~ ~nd togetha with wch intaat fMll be s~cund by th~ (i~n of this morlppt.
4. To p~rmit. oommit or wftw ew waste, N~paim~ee+t or d~taiaation of sald propKty a~ny p+r1 tMrwf• ;
S. To pay atl «xi sugut.r ~M <oan, charp.s +nd •xaa+se+. inclvdiny • nasonabis attorn~y'~ fs~ and aoats of ~bstt+c~s of title, incvn~d w p+id ,
any ti~m bp ~aid MORTGAGEE, buvs~ or in the ewnt of ~M f~ilun on the p+~t of tM siid N10RTGAGOR to duiy. prompty uid fvtly p~faen, disch~~~
•:en,te. ~ffect. oompMh. oanplY with ~+d abidr by ~ach and ~very tM stip~latioos, a~re~ment+. conditioro. +nd oown+nn of saM promis+ory ~wt~ and thi~
+r,atp+q~ +eY or ~i~lw~. ~nd said coin. dw~qes and e:perws, ~ach and ~very. shail be Mnm~diately due ~ed p~y+bk: whetMr or ~-tMn be eaici dr
,n~nd, ~tNmpt fo ao11M w wit p~ndinps and tM h+ll amow?t of ~scfi and aw~y wch p+Yme^t ih+ll bs~~ intern~ from 11w dat~ thsreof ~ntil p~i~ d th~ ~
rate of nin~ pN ca+tum pa arwiwnt ~od al! said odsts, ch+~es +nd expentes incw~ed w paid, top~t!»r w~th auch intKest, ~hrll b~ s~a+nd 6~r th~ IiM of thw ;
i
mw~p+p~. s
e, i}wt te th~ waN of ~+y br~ad+ of this AAortyap~ a d~fsvlt o~ th part of tiw MORTGAGOR, or (b) in th~ ~vem ~ny of s+~d wms of nwn~y :
her~in nf~~d to be not pranpthr and (ully p~id within thirty (30) days n~x~ eher tht tain~ severally bcane du~ ~nd pay+bl~ witho~e dam~nd w notite. !
or in ~I+e w~M .sch and ~wry ehe uip~rlariora~. +9r..m~nn. ca+di~ions a+d coven.nn of ~a~d promistwy nole aod this mortpape any p tithN uf nol
ivly, promptly and fuliy performed, discMrped, e:ecuted, effected, compkted. oomPlied with and ~bided by, th~n io eithtr a any such ~wm th~ said ag
prey,ab wm m~ntiawd in said promissory not~ tMn rem~ininy w~paid, with iMerest acc.usd, and all rnoneys s~cvred Mnby. siwll b~cwm dw and pay~ .
abte iwrhwitly a IFwwfte., at t!w option of said MORTGAGEE, as fuily ~nd canpt~Tely as it all of the s~id wms of morny wen w'g'uully at~pulsted ,
ro be p~id oo wch daY. anythirg i~ taid promissory noro or in thb JNort9+ye ro tF~e contnry notwithsq~ding: snd therwpon w thertahK ~I tM opian of #
sald MORTG/~'aEE. wirho~t no~ic~ w d~m+~d, w~1 at la~,r a in puit~r, therefws w thersaher bs9un, m~Y b~ prosaa+tad +s If dl ma~eys Nax~d hersby ~
hsd matvt,~d prqr to i1s irotitufion.
7, Th~t in th~ weM th~t at tM bcyi~pirg of o~ ~t tim~ pending +oy w~t vpon this Mwtgspe, a ro fwadose N, a fo roform H, or to a?fwo~ j
paymeM of a+y daims Aere~xda+. uid N?ORTGAGEE shstl apply ro the Court havirp jw~idinioe thereof fa tM appantment of ~ R~ceiva. wcn Couit ~MII
Fo?tl+with appant a recciver of ~aid mo?tg~ed property aN ~nd sinqular. includ~np all and singutu the incane, profin, issues ~nd rovenues from wF~at~wr
aoura derived. ~sd~ u+d every of wh~ch, it be~np eapreuly vnderstood, is hereby mo.tgaged ~s if specifically ~et fwth ~nd dewibed in the y~antinp u+d
• F,abK~dum dauses Mreof, u~d such Reuivp sh~ll Mve atl the bo+d and effecrive funct~ons u~d powers in snywise emrusted by a Cw?t fo a Receive~, ~nd
such appointrn~nt sMll be made by such Co~rt u ~dmined eq~ity and a m+tter of absoluro right ro ssid MORiGAGEE, and without referenc~ ro th~ ;
.ciequaty or in~dsqwcy of thf vslw af tha prbperty mo~tgs~rd or to the sohrency or +nsohrencY of aaid MORTGAGOR or ths defendams, u~d tMt such
renn, profit~, inoaM, aw~s and r~wnws ~h+ll b~ applied by wch Receiver a«ordinp w the lien or equity of wid MORTGAGEE and tM practic~ of wcA -
f.ourt. ' .
a. To duly, promptly and f~ly pNfom~, d"achsrqe. execute, eftect, conpkte, aomply wi~h ~nd abide by each and svery tM stipulatioro aprsemsnts,
co~d'aiaa and coveo+nn in said promwsory note and tha mortgsge set iwth.
9. That in tM eveM the ownenhip of t{~e mortg+yed premises, or any part tFrcreof, becomes vested in a perwn other thsn the MORTGAGOR, th~
MORTGAGEE, tn s~rccesso~s ard auipns, may. withow noGCe•to th~ MORTGAOR, deal wifh such wcceuor or succea~or in imerest wirh reference ro thb
mortpape and the debt hareby secured in tM s~me ma~?~er u with Mort~ witFaut i~ aqy way vitiati~p or d~sch+ry'yg tl» Mort~sQors' li~b{Iity l~ra
urxler w vpon th~ debt hereby secwed. No ~+le of the premises hercby mort9a~ed and no fab~sr~nta on 1M put of the MORiGAGEE w iri suctesson
w auipns and no exr~nsion of the time fa the p~yinent of fM deb~ hercby secwed ~iven by th~ MORTGAGlE w ib svcuiwn a auipro, .hall opa~t~
to relea~, di~dwrpe, modify dNr~p~ w affect the oriyiMl li~bility of the AhORiGAGOR herein, either in wFak or in put. ,
10. If is sp~cifiutly apreed thst Yims is of ths euence of this contr~ct ~nd th~t no w~iw~ of a~y oblig+Yan hs~eunder w of th~ oblipation s? .
cured Iwr~by sh~ll ~t any tirM there~h~r b~ held to be ~ waiver of the terms henoi a of the irotrument secwed haby.
11. In ~dditan ro tl+s fw~go:~g monthFy psyments of prin~ p~l and inte~est required by the pran'KSOry note secwed hereby. mortya9or cov~nants
and prees to paY b mortyayee with esch monthlY psYment ~n sddirional sum estimsted by mortya~es to be eqval ~0 1/12 of the annv+l owl of the folbw-
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A-All rwt property taxa kvied or assessed agsinst the sbove dexribed resl esbte.
8-Prerpiums on fire and windstorm insunnce as hetein req~'ued to be urried on the improvemenb situate on the above destribed premises.
C-Premivms on su.ch e+o?t9age 9v+ranh iiuurance as mo~tgagee shall from time to time deem fit to tury on the ban secwed hereby.
Mortyapee sh~ll irom time to time oaify mortgagor in w.iting of the smoum due and payable hereunder and such wm shstl thereupon bt due and
payabb on the due d+te of the next r+w~thly psyment and exh suaessiw rnonth thereafter until mortyape~,shal) notify nart9agor of ~ chuge in wcfi
amo~nt. Such sums shsll be +pplied by mortgapee toward the psyment of resl property faxes, insur+~ce p~an+ums, and mortyape 9vuanty irovruxt
' We+nium~. ~
i IN WITNESS MIHEREOF, the ~id MORTGAGOR has hereunto iet his hand snd scsl the day ~nd yes? fiint ~faasaid.
` S~a ~d del ~d in ~ ~
~L yr ~ ~ ~.n
, ~ ts"q
s-~
~ ~0
STATE OF fIORIDA ~ ~
St. L•ucie ~
~ cour~n oF - ~
~ ii , ?arances R Rost,~ a xidot~ ~ `
Penon+ r Fa•
{fi~i~ift, to rn~ well known ~nd known b me to M {
tM ind'ividw dauibed in and who ~xecuted the foreyoiny iratrwnent, and acknowkdped b~fon me tMi ex~cut~d t!r sam~ for th~ pwposes
therein~ ~xpr~st~d. ~7f~i7i~~ ~e
~ ~alfZ~Jf~iR~C ,
~~kJl~R4~vl~ f
~ WITNESS my h~nd ~nd official ~eal ' day of /1. C. 1~_
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° Noqry Public in a+d for the St~t~ of florida at Lup~
My Camniaion ~apires: ~
Rrlurn ~a. ,
wa F.d...~ s.~~ a to.~ nu«N~~o~+ Fi E D'A N U R E~ RD E D NOuN Prb6c, State ~t ~orica at tarq~
Of Fat P~eru. ntc a~q
~ Fo.~ P~~•. Fb.~d, - i V I T K ? O O K No.. 3 1 9
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