HomeMy WebLinkAbout1369 '~~.t~'~~
To plaa a+d contkwously kNp on tM buUdinps now or M~~~fe~ ~twt~ on said land aod on all pv~P^~n~ +nd V«+o~lb oov+nd b1/ ~~~P
q~, with ap p~~miwr~ tMr~an paid in iv11, fin imw~on in tlv uw+l stand.rd potiry form, !n • w~n approwd by tiw MO1tTGA(iEE, and wlr~tonn
imwsno~ b Mw vaw! ~tand~?d poticy farq, in • wm ~pprov~d by tM MORTGJIGEE; h wch con+pa~+y a oaepani~a w 1M MORTGA<3EE inay
dk~di ~nd all tin a?d w'u~tam kawana polkiN on ~ny ol uid build~np~, an~r MNnst tMr~in a p~rt tl~rsof. te Nw pprp~t~ swe ~faMaW a
M~aas~ ~M?wf. ih~ll ooMatn tiw uswt stsnd~rd narrypN dava or tuch a1Nt dauH a tA~ Matp+DN m~Y nVuw, n~Iw+Y tM loa~ wd~ uW polE
c~. Mch ~nd wKy. WyaW~ b s~fd MORTGAGEE a it~ intaest may aPPM~. and each and ~vKy wd~ potity ~hall b~ P~~Mb ~ss9md ~+d d~livK~d to
.ny h.W by ..W MORtGI?GEE a iu~rH+a aw.tty a wtd nwnp.p. d.W. +nd. ~ar aa ~Aan an (rol dar .dr+~a of rM .x~r•~bn of .,d? pakr, ro d.~
Isv~r to a+W MORTGA~3EE ~ r~w~l tMrwt. fop~~Mr with • nc~ipl for tM pr~miww of wch r~walj and ~h~ ~+II b~ eo fin a wieds~am kawana
pl+ad on ~ny of ~aW buiWi~,p~, ~ny &?1~.«t th~~in w put tM.~of, wJea in th~ iwn~'~nd with tiw loss pay~bl~ a sfw~tdr ~nd in th~ ~wM any swn
of nwe»y beeoma pay~bb u~da wth polky or politiN ~sid MORiGAGFE al~all h~w tl» aption ro no~iw ~nd ~pplr th~ saen~ on aocount o1 tM k~d~bt~
rnq wcw~d h~nby a a permft wid MpRTGAGORS a naiw ~e+d va N a+i+y put thereof fo~ orher purposes, wi~hout thaeb,r w~iv'xg a impain
~^D M+Y ~ih?. li~n a ~ipAt uai~~ a bp vir~w of thh mortpaq~s and in tM ~wnt aid MORTGAGORS ~atl for a~ryr ~~sion tall b ke~p th~ sakl pr~rnb~s so
tn~v~d, a fatl a d~liva Prwnpth? anY of taid poliei~s of Imwsna b f+id MORTGACsEE. a fsil P~a^P~M ~ WY ~1? +~Y P~Nnium tl+~nfa a In ~eqr
nsp.et faq a p..fan~, di,d~p., .x.w?~ ~ff.a. oomplN~. caeply wuh .nd abid. by Nw oovan~nr, a•er a+n h~..of. ~sid MOrtrGaGEE n,ay pl.a u+d
P+Y (w wd~ Mwur~na ar ~r part tMnof witho~l waMnp a~fhctlnY +M oM~4 ~n, puib, or rght w~dM a Sy virtw of ~his Mwtqap~. a+d th~
full ~mouet of wch ~nd ~wry such p~rm~M aMlt b~ inrn~rl4tely dw wd pay~ and ~hall b~ar M~~tt from th~ dN~ th~nof untU p~id M th~ ~a» ol
nin~ pN oa~lvm pN M?:wm and top~thsr with wd~ inM~st th~ti b~ a~cund by Ih~ 1iM Of tNt morrpape.
1. To p~nN~ aommit w svff~r no waN, 4np~frment a d~t~rbratlon d sald pro~tr a any piA tMtwf.
a. io psy afi snd s~ufar s~i.w;~,. W;-~ ara! ~s~r.~s, k:lr.~di.~ e~-~- a»a~ra h. and oosn e! ab~n.ds of ti~N. incun~d w p.W ~t
~ny tiera bp uid MORTGAGfE. b~t~ or in th~ ~wn1 of th~ f~ihin on tM pwt of tIN saW NIORTGAGOR b duN. aoTaM •~a ~~b v~fonn. a~.a+~~
•x~cvt~, ~ffaL coMpl~t~. oomph? with and +bid~ bp Nd? ~nd ~wry tM utpula~io.~„ +Ws~nb. con~tiw~„ and oown~na of ~id pranisary not~ and ~his
^wnp+p~ +nY w~itlw?, and taid aosb. dwp~s +nd ~:PKw~, ~ach +nd wKY. aM11 b~ h~d'iat~ly dw and WY+~t wMtMr a nof tMr~ b~ eoHOi-~dt,
m+nd. +tNn~M w cdkct « wH p~d'ugj «id th~ full a~nount of ~ad. ~nd wKY ~ ar~ s~+U bear tnranst han rtw dtr~ tMrwf untsl pa~d at the
.ate of nirw pM antwn qr an~un~ u~d ~{I wid ebsts. ch+~t +nd expenses inw?rod w paid. topetMr with such intu~st, sAaN b~ s~cund by 1M twn of tha
morqp~- -
A. 1Mf (a in tM ~weM of ~ny bnaeh of tHs Morty~p~ or dsfault on th~ p~rt of Nr AAORTG/lCsO1L a~ (bI in tl» ~wnt ~y of wid sums of n~oewr
ha~si~ r~f~n~d ?o b~ +a~ Wanpty ane! fuily p~id wirhin thiny (30) daya next aher tM wrK wvaally b~can~ du~ and p~raW~, withow demw+d or notic~,
o. W ln ~Iw fwnt ~ach ad ~wry ~M stipulatiora„ spn~nwny. ooeditions snd aownanh of Nid PtOR1iYO~y f10if alld IF1ii rtqttp~f Y~ Of fitMf an no1
iulY. pranpriy arKJ fu1N P~am~d, discharWd. ucse~tsd. ~ifec~sd. eompletid, cempli~d with and +bided ~iy, tlrn in eitMr a ~ny such ~wnt ti» aid +p~
p~gab swn ma~tion~d in ~sid promiuqry not~ than rwn~ininp unpiid, with inte~~st ~ouwd. ~nd all ma»ys wcured hK~bY. shall Mcw~N dw ~nd WY~
abt~ faN+with, or tMrsafbr, at tM option of said MORTGAGEE, as ivly ~nd cwnpl~qly as if ~It of tM ssid swm of n~oeNy wen oripinatly ~tipulmd
ro be paid a+ wd~ diy, snyt!?inp in s~id promiuory not~ w in this Maty~ to tM contruy nawithstaodi~pt ~od ~eupon a t1w~aH~r at tM option of
•aid MORTGAGE4 without not~ or d~m~nd, wi1 at law a in puity. thadon or Mareshu bepw4 m+l? b~ Praecw~d ~a If dl nion~ps ~awnd l~eby
F.ad matur~d prior to ita imtitution. •
7. Thst in th~ ewnt tMf ~t tM beginninp of w ~t any tkn~ pendiny aoy wit upoa t1;a µorq~pe, ar to forKto~ h, or to nfwm it, a fo ~nfap
p~yment of any daim~ F~a~eunder, s~id A4QRtGAGEE shall ~pply to the Cowt h~virg jur~sd'+ction Ihereaf iw tM apparnrt~enl of a R~cava. wth Coui1 sh~ll
f«tiiwith ~ppoiM s nceiver of s~id matqaped propMy all u~d sinpvfar, includ~np all and si.gular the ~cane, pofib. Isfwa ~nd r~v~rwes irom wMt~wr
wuroe d~i~wd. ~ad+ and ~very of which, it b~inp ~xpreasly w~dKS~ood, a::xebY mo.ty+9ed as if sp~cifieatly wt forth and describd in the prantinp ~nd
habw+dwn cl+us~s hereof. ~nd sueh Reuiver ~all haw dl tM Ixoad and ~Hecriw fv~aaro .nd powers in aoywise enaustd by ~ Cou.t to a R~ceiw
,~nd
•uch appointment ahstl be made by wch Court a~n ~dmined eqvity aod ~ man~r of ~bsolv» ripM ro wid MORTGAGEE, and wirhw~ nferenp to tFw
~daqu+cy or in+dequacy of th~ value'of the pbp~rtp ~rwrty~ed or a th~ sowencp or ;nsolvency of wid lNORiGAGOR a th~ d~fMdants, and that wd~
renn. profit~ inoome. aw-s and rfwnua shaN b~ ~pplied by svch Reocive~ accord~np w rlu lien or puity of said MORTGAGEE and th~ practia of wcA
Court.
a. To duly, pranptly and tvly P~?form.'.~isdury~. execvh, effect, oonpkte, oomply with and abids by each ard rrsry th~ stipulatiwu„ +pr~we~ls.
cond'Aiom arw! aovenu~n in aid promissory note +m! this matyp~ set forth.
9. TMt in the w~+t the ow~srsl~ip of the mo~tyapd p~emi~ea. a any pirt thereof, b~oomes wst~d in a pKSOn otlw than th~ MORTGAGOR, th~
MORTGAGEE, Its succeaon u~d assipns, maY, without eatice to the MORTGAOR. dsal with wch wues~w p wcussor in iMerest with nfe~ence fo this
maty+p~ ~nd th~ debl Mrsbp secw~d in tht sam~ m+mer as with Morty~or witlww in ~riy way vitia?i~g or dad+arQi^0 the Mortyapors~ liability hsn-
under w upa? the debt henby sacwed. No s~l~ of tM premises hereby mertp~ped and ep torbeawna on the p~rt d tM IIbORTGAGEE w its suooessors
or assgro snd no extension of the Yune fw the parnKnt of tM debt hareby secvred ~nen bp th~ MORTGAGEE o. in sucus~ors w asipir. •Iwtl opwaN
ro?ekare. d"udwye, modify dNnpe or affect tM aiyinal l;sbility of tht MORTGAGOR h~reiM, eitMr in w1aM a in part.
10. It is specifiully aQroed that tirn~ a of ths essence of this ca~tract and Hwt oo waiva ot any oblg~Yan her~u~+d~r a of ths oblip~tion a~-
cursd h~r~by sh~ll at aMr tire~ thereaha b~ held to b~ a waivar of the terms hereof or of tM inst~ ~~yy.
11. In add~tion ro the fwego:^9 ~t~+~Y WY~~4 of priac:p~l and iatere~t required by tfie promissory rat~ secwed her
a+id +~rea to psy to aw?t9aQee with each monthlY psyment an add~rional sum atimsted by mort9agee to be eqwl to 1/12 of the annwl
c~9
~ the~bw-s
iny: • -
A-A!1 real prope~ry taxes kvied a assesud aysinst the ~bove desuibed real esute.
B--PremitMns on firo and windstorm insw~np as herein ?equ'u~d fo b~ urrkd on the improvNnenls sitwtt on the abovs desvibed preenises.
C-Prere+iu~+» oe wch mort9sye Suuanty k~wrsnce u mongayce sh+ll fram Y~me to time deem fH to w?ry on the ban secured hereby
Mortp~ge~ ah~ll fiom time to time notify mortg~gcx in writin~ of ths anwunt due and pa~abk hereundar and such sum shalf tF~ere~pon bs dut u~d
WYable on ths due date of tM next momhlY WY~m u~d ssch svasasiw month HweaNa untit morqa~e~ ~It eatih mort9+~or of a charge in wch
amount. Such sums shall bs applied by mortga~ee towud the p~yrMnt of re~l property faxes, imuranct prem:~nn, and mo~rtQ~ye ~uuu~ty
Prerti~•
IN WITNESS WHEREOf, the said MORTGAGOR h+s here~mto sN Ns hs~d and ~eal the day ~nd Pust afawid.
d Id ~nd c~thraed • ena ofz ~
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ATE OF FLORIDA ~
cou~rirof_ St. Lucie
s.r«+. P«.~+iw .~aa Homer A Davi a ~
{ 14 Davis his M,~r~, w w.o ke~o~+ .~a +uwwn b m. w b.
M+e ind'ividwb desu~d in and who ~xewted the for~poirg iiunumant, and adcnowledpd b~fon a+e tM1 tMy ~xewted th~ ssm~ for tM purpo~es
tMr~in ~xprns~d. Md ti» ~ ~9V{ ~ ~
o~ d,. ,.b _ Homer A _ Ds vi e ~ ~ ~
sx+min~tia~ by me qk~n separaM ~od apa~t fiom ha s+id ~duiowbdp~d w arK! befon rt~ that sh~ ~~a+t~d s~id inatnwn~nt ftMly and volw~-
ru~y ~r~d w~rhout +w oo~~,lsiw~. ~onsrra~nt, +pPr fiar of o? from hu utd Iwsbn+d.
WRNESS m~r Mrd ~nd off'Kiat s~al +hK . _ d+y of.-- ~ A. D. 19~
~
Nw+ry Pvbtk in ~nd fo? the Stat~ of Fiorida ~t larp~
RNwn Ta . , MY StitC J~ qOCiQ! a1 ~
wa r~ s.,;~, ~ t~«~ ~.t~,FILE AN ~ ~,~E~,,C,,
~RD~D fYpr~ sa~~E~ir~a ~3, i~964
a~ P~.n. ~~-B 0 0 K
P~.~. Fb.~a. !N. _ ~ . . -
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PN ' 3 ~ _-.~~~a~::~U1,•~-%;~;.
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'66 MAY 10 ~3 ~ ~ y, f, .
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45~-54 ~ ~ ~ ~ ~ ~
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' . ~ ~El POiTRaS. CLERK ~ , _ ~ ~ ,
!~6 _ < ; _
8T. LUCIE C~UNTY. ,r ^ Y, ~ w~~'.; . ~
FLORIDA ~ _y i
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