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HomeMy WebLinkAbout1375 ' ` r. ' ~3 ~ c'. ~ To pba ~nd cautrNwwly kNp on t!w bvild'wq~ +aw a M~Nft~e sMwt~ on uid land aed on all ~q~ipn~t and P~non~IN aor~nd bY thM n~ort~• p~ with all pNniw~ tlw~we p~id in fu11, fih Msuru+a in tl» 4wa1 standwd poiicy fan~, • awn ~pprowd by tM MORTGACsEE, and v~&~tor~ trw+r~na in th~ wwl ~q~da.d pol~c~r for~A, in a w~ ~owd by rM MORTGIIGEE, i~+ aKh canpanr ot oompaiw~s w fhe MORTGACiEE ~r dincL and alt fsn ~nd wtnb+orm inwwna policia on ~ny of aid butid~npy ~ryr inN.pt tMr~in a part tMtwf. M tly ~pp~paq sun ~fon~aid a In ~xa~s ~~ef, sMll oontain tM wwl s~~ndard morp+pN clws~ a wd~ otl+a dauw a tM Mo.papk nwy rpuw~, nwkinp tM iosa w~1u s~id polE eia. ~ and ~wry. P~vaW~ w saW MORTG/1GEE a ib M?tKaf maY +PPw. ~nd ~aeb and twry sueh poliey sMll b~ p?aop~y asqewd ~nd dNfwr~d ~o ~ny MW by uid MOkTGAC~EE a fwtMr t~w~ity to ~aid matpay~ debt. u~d. no1 i~p Nwn Nn (10'1 days fn ~dv~no~ of tM ~xph~tion of Mch policr. to d? Ilwr to s~id MORTGAGEE ~ nn~wal tFrnof, w~p~tiw with ~ r~odpt fa~ th~ pr~niun~ of wch r~newals and tFw~ aMl1 b~ no fin a windstan~ inwwna pl+o~d on ~n~r of said buildinpy any int~rat tMrein a pw~ tMnof, u~lea in tM forn~'and whh tM {oss payabl~ as afatwW~ and in t!w ~wM any wm of nwMY b~cwna pay~bl~ wwla wd~ poliey a poliei~s wid MORTGAGEE ~A+II Mw ~M option to rsaiw w~d ~ppty tM sa~w on seovurW oT tM k~d~bad~ n~a Mcw~d h~rsby w b paenlt s~W MpRTGAGORS to reafw ind us~ it or a~y pat tMrwf fw other pwposes, wi~hout t1+K~b/ waivinp p"anpair ~+~Y ~h. li~n a ripht wdw or by virtw d this matyapet «+d in th~ ~wat s~d MORTGAGORS sMll for any napn fai) to iu~p HM wid pnmi~a ~o tnw..d a fau a dettw. pramptN +er ot ~sid polic»a of in~ur.no. a saw MORtci~ACEE, w tai~ w~P~r ~ wr ~N +~1? !x«niu~n tl+.r.t« a b.~ry, r.sp.ct fail b PKfoan. dbdwry~. ~x.cw.. •If.ct. canplN~. comply wid? and aWd. by tl+h cov.e+at, or snr p..~ hasof. s.id MOrtTGAGEE m.y pt~p .nd 1 P+Y fa sucA Laurana w~I P~rt tM«of withoul walvY~g a aff~cti^0 anp aWio~, i(N4 ~qu~tl/. or ripht wd~r a by virtw ot this Mapipe. ~nd t1+t ful! amou~ of wcA M+d w~ry wd~ pym~nt shall b~ Nwmdi•ul~r dw uid py~bl~ and ~MII b~ar intaeu hom ilw daN tM+wf w?ril pafd M rM ra» 01 nin~ P~r ut~Nm pK ~newm snd toQ~t1+N witA wtA intKW shall be seew~d by th~ IiM~oi M4 Inorlppt, 1. To Pwmit. oomeoit ar wff~r ao wasN. la+P+km~nf a deteria~tion of said propecly a an~? pnf 1M~~of. S. To p~y dl and tirpular th~ ~ooas. cMrp~s ~+d ~:pa+~a, inctvdinp a nssa~abf~ anan~y`s ~ and oosn of aairacis af g~iia` i~~,~ ar ~:v ~ any tMw by ak! 1MORTCsAGEE, b~eau~ or ~ tlw ewnt of tlr failun on th~ put of tM said MORTG~RGOR to duh? P~~WN ~Y P~aren, d'ad++ry~ •xKUt~, ~ffKt, eoenPl~t~. e~omplr wit11 +~d ab'~ br ~sth and ~wry 11N stipul~tia% apn~wn». eo~dltiwn. Nd Cov~rNnb Of taid proenistory no1~ urd thit ^'orty+p~ ~nY or ~itha, ~nd said cosM~ clwpa and ~xpe~res, tad~ and w~ry. ahall b~ rnn~ist~ly dw u~d payablet wMtMt a nof 1Mn b~ notioi d~ n+.nd~. ,thmpt to ooll~a a wn pendinpi snd th~ fu11 an,ou~t of Nch and w~ry wch p~rmNn s1~11 b.a. intenst han tFN d~t~ et~e.wf vnrt~ p~td •t tht rate of ntn~ per antum pK smu~ry ud all said a6sn. dwr9a and expM~es te+cwrd ar Wk~ topertw with such tntsnst, ahal! b~ acw~d by tM li~n of thi~ ~nort~gw 0. ih+t ~ in t1w rwe?t of any bre~eh of thi~ Mortqs~ or d~fwh on Nr put of th~ MORTGAGOR, a(b) in th~ ~wnt a~y d wid wna of mon~y Mnia nhn~d to b~ not promptly N+d fully p~id within thirt; (30) d+Y~ n~xt aher 11+~ i+rr~ s~wnlly b~east dw and i?+Y+blq withovt deenwid a nwio~. or (e~ tn th~ wMt ~ath +nd wwy tM ~tiovlatioeab +4r~ana~M. aonditioos ~nd aov~n» of wid pranisaary ~ot~ and thts maqp~ any or titM~ a~ nol iuy, p?anptb and fulh P~a~d, d'acharped, ex~arted. effictad, oompl~bd, compli~d with and ~bidad bY. tlwn in ~i~M+ or any wch ~wnt tM aid q~ ~ prq~t~, w~n nwntiawd ln said promistory twM tbsn r~nuininD w~Wtd. with inlsr~sl accrwd. +~+d ill mon~ys s~cund her~bY. shdl b~oom~ du~ and p~y~ ~ ~bt~ tathwitFy or thu~aftM. at tM option of said MORTGAGEE. u fully ud oompl~tdy a ff ~II of the said wma of inon~y wen aipinNhr ttipulatrd ro b~ p~id on wch day. +~Y~hie++~ in s~;d promasory noM or in this Maps~e ro th~ cantrary no~withstand'a,p; aod ther~upon a thsreaft~r u N» opsion of ~aid MORTGIIGEE, witho~t notia o~ dem~nd, wFf at la~v or in ~quity, ther~fon a tFw~aher b~un, nNy be prosecut~d a ff aIl monyrs s~ard Mr~by Md m~tund pria ro its katit~t:o~?. 7. Sh~t ~M w«?t tMt at th~ ba9inninp of or at ~ny tinw pend'xg ~oy wit upon tlds Mortyap~, w w fonclor~ ir. or a nfonn h, w to snfwo~ P+Y~T ~ MY d+~s lweund~r. s+id MORTGAGEE ~all ~pply to tM Coort FWVinp jur~sdinan therwf for tM appantment of ~ R~ceiva. wd~ Co~it sh~ll fonFiwith appoint ~ repiwr of said ^+atqs~~d PropenY all ~nd sinpulu, i~cludug all snd sin~ulu the inco+n~. Profi». bsws u+d rw~nws ham whatwer •axp d~riwd. tich and every of which. It b~irg ~xprt~sly underslood. k heieby mat9aQed as if sqcifiully stt fwth ~nd de~triwd in tht yrantinp ~nd hab~ndwn da~sss Iweof. ~r?d wth Rec~iw? shsll law ~It 1M brwd ~nd effectiw funct~oro and powert in anywis~ entrustsd bp ~ Cowt b a R~ceiver, and such ~ppoinan~nt ~lwll bs msde by wch Court as ~n ~dm;ned equiry and s en~tter of absofutf riphr w said MORTG~IGEE, and wirhov~ nfNtnce to th~ +deqwcy a in~dequacy of th~ wh» of tM prbperry mo.ryged or w t1+~ wnre+~cy or insolvency of s~td MORTGAGOR a th~ defendsnt~„ and that wd~ renn, profit~, ~a~e. iawrs and rwe~ues ~MII b~ apptied by svch Receive. auordinp to th~ lien a pvity of said MORTGAGEE a+d tM pradiq of such Courf. & To dvy, prampNy ~nd fulb A~~a dach+rye, execute. ~Hect, aa~kte, oomdY with and a6ide e~ch and condiliau and covuw+b in said promissory not~ ~nd thi~ mortyap~ kt forth. ~ ~*1? tM stipvlatio%. +p~Nn+~nts. 9. TMt in Nw went th~ ow~ership of tht ^w~gsped Pre~mises, a any p~rt thereof. becanes vesqd tn a pason ott~sr th~n ths MORTWIGOR. th~ MORIGAGEE, iy suuessoa and ass;p,a„ ,nsy, rvi~lww rqf;q ro tM MORTGAOR, deal with ~vch succes~o~ er sucses~o~ in im~rest M,~th referMCe to this ^+aW+~e +~d ttw debt herebY wcured in th~ ~M msmer ~s with Mortyapo~ withovt in any way vAwr'mn or d'achup'ug the Moh~apors' IuWlity tw~. unda ar upa~ the debt henby secured. No ssk of ~M p?emises herebY morrp+psd and ra fabw+ooe on the w augns and no ~at~nsion of the time for the p~yment of the debt hareby secwsd yiven bp tFw MORTGAGEE ~m twooesaoa a~E or iri successori assigns, sMll op~rat~ ro r~+w. dsd~+rpe. ea~'ify chanp~ or affect tFw wipind liabilitr of the MORTGAGOR hereiq, ~itM~ in wlwt~ a in pwt. ia n~~ark,iy ,~.ase ~h~t tire~ is of the essenc~ of this ca~nscr and rMt no w~iwr of any obliqarae Mrew~der a~of the obliyation ae- a:r~d Iwnby sh+ll af ~ny tatK thereafiK be h~ld to b~ a w~irer of ttw iernn hereof w of the instrurMm aecv?ed harby, 11. In addition to the foregoEog monthly p~yments of princ:pil ~nd inte.est required by the promissory no~e secwed herebY. mortp+9o? oovtn~nb •nd, aprees to p+y to morf9+9~e with each mon~F?h WY^Km an add~rio~at wm esuma~ed by mony~e to 6e eqwl ro 1/12 of the amwl cost of the fdbw- ing: A-All real propsrty tsxes kvied w usessed a9ainst the above desuibed real estate. . 6-Pramiums on fire and windstorm irawu~oe as here~n requ:red to ba urried o~ ~he ~P.oram«,n aitwro on ~I» abov~ desv~bed prann;s.s. C-Ptemiums oe wch mort9+ye ~uu~nty i~x~nee ss mortgape~ shatl from time to time deem fit ro cury on tM ban secwed Mreby. AAorty+yee sha)1 from Yrme to time rot;fy mwtgapor in writinp of th~ amount due and p~rable herew~der and s~rch wm ~Fyll thera~pon be du~ and PaY+bM on the due date of the next mor?th1Y WY^~~~ and ~sch secussiw momh tFK?eafter until mortqapse ~hsll ~otify mo+~9spo~ of • ch~rg~ in wch amount. Such sums thall applied by mortyapee towud the payment of real pnoperty taxes, inswanor prsm;ueru, and e~or~~ys ~u~a~y qqw~ p~emiwm. IN WITNESS WHEREOF. ths wid MORTGAGOR h+s herevnto ~et his h~nd ~nd t~al tly d~y r~d year af p of: n ~ K--n srar~ of ~o~ ' coe~r+nr oF S t. Luc ie e.f«. rn. p~.swullr pp~+rod ~ ovd Ta,y7 or ~ ~ oti? de F. Tavlo'r ~p w~f~ ro ms vw1~ know~ ~nd know~ a m~ b b~ ths tndivldwb dacn~d in w~d who exewt~d the foreyoirp inslruny~N, arw! ~dmowiedpsd b~fon me that th~y ~awt~d tM san~ for tM purpoNs ~her.in .xp~..d. /1nd rh. ..~a - 1 o i 1 de R~ T~nt. «rit. a+h. a.w Ay~~.By1Ar ~ won . ~ep~rm u+d priv.» ~xamimtion by mt t+k~n ~ep~rsN and apart from ha s~id Mrtbarwl. ~du~owiedped w and b~fon ms M~t sh~ e~uovted :aid irolrvmnu fr~e~y and vo1w~- tuilp ud witAouf a~ql canP~?bbn. cantraiM, ~PP?etymioA. o f~ar of a fran h~? satd MNb~nd. - :=f ~~~~`~;1~ MNd and offkial ~I ~y 4. ~;r ; A. D. 19~_ . - :r . _ ~ •k' , Naa.,? Public r, «,a fo. th. St of Ho.w. a L.?o. • . . _ j'~, _ ~ ` T~ ~Mr Co~rnasan ~xpra.s/~y~/ ' "~J~ 7 O b ~i~'~.E~,~?i~y. a t,o.~, ~r~ P'!lE A 0 REC R0~0 / . ~t~ ~N_ ? OOK NOTARY~PUBLIC STATE of FtORIDA st IARG~ ~'lyo,ida ~f_ YY C01AMtSS{ON EXWRES SEPi. 8. 1967 _ ;F'...".,',c,r.*~"~'~>' i ! - . _ C- L'y~'~'~'" _ wNOSO Twwouw cwcc w. o~s~uwasr '~~~~~~~:~;`'a. . - '66 ,lAY I0 PM 3 : 32 . . 14515'7 : ~ ~ ROC~ER POtTR~S. C~ERK ~ 1',~,~ ST. LUClE COUNTY. FLORIDA ~ ~ ~c~~5 1'73 ~ ~.-t , ~?'r_,,..~' _ . . . _ ~ ~ _ TM . .,~:~;:fi ~ ~ _ ~ - ~ f.-~4,