HomeMy WebLinkAbout1508 ~ ~ z.~; ~ ~~;::3
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To plaa and conNnuanh? Iu~P o~ tM buildi~ps now a ha~aftN ~itu+h on said I~nd u~d on ~II ~qutpnent and pK~lly oovM~d bY thb nar1~
ap~, witA dl pneniw~s tMrwe pa~d in futl, fin &~swa~n in ~h~ uiwl ~?udard polky fam. ~n a ium ~pprowd by tM MORTGAGEE, ~od windqonn
M~wana In tlw ~wa! standard polic~? fam. In • sw~ ~pprowd SY ~M MORTGAGEE. M~ such companY a con^P+~ia as tM MORTGAGEE m+y
dinctj ~nd ~II fin and wwxk~orm inwrana policia on any ot MW M1111Iin~{, ~11y MlffNt fF10f~111 01 pHi fI1lf~Of, in ~h~ apprya~ swe afaaaW w
M.aoas ~wf. ~h+ll oonain rM wu+i •und«d mor~p~p.. c1«,s. a•ud+ ah~. d,w. a N+. Mo.roa~.. nwy .pv~.•, m.k~q ~M b.s wxi.. said pa4
ciw ~ad~ ~nd wery. WYabI~ 1o wid MORTGAGfE as ib in~Kat may ~ppNr, and ~ach ~r~d twry wch policy aMll b~ p.o~ptly us:9n~d ~nd ddivK~d ro
any h~ld by s~ld IMORTGAGEE a fwtha s~w.ity ro s~id morty+p~ debt. ~+d, oot less tMn Nn (idl day~ in ~dvana of th~ ~:pi~~tion of Nch policy. ro dr
liw~ ro ~+id MORTGAGEE • r~e~ew~l tl+Kwf, topN1+K wi~h ~ naipt ia ths p~miwn of weh ~~wait and ~h~r~ ~hall b~ no fk~ a wind~tw~m imwaoa
pl~ad on a~y of wid butldinp~, ~ny ima~p tM«in w pwt ~wf. w~tess in ~M fom+'and wi~h ~M bu pay~bl~ u ~fon~aWs uid in th~ ~wnt any wn+
01 nweNy b~cor~ p~y~bl~ ue~ weh polky a poliei~s s~id MORTGAGEE ahall Iww tM optan ro no~iw and apply tM s~ on ~eoow?t o~ tM ind~btd~
mp wc~~d hK~by or ~o p~imN uid MORTGAGORS ro nceiw u~d us~ N a ~ny p~n thereof fw o~he+ purpos~s, wiihout ~hereb~ waiviry w ~n+pair-
fnp any p~ity, lia~ or ~iph1 wn1N or by vtrtw o1 this mortpapq N+d in tM ~wnt w~d MORTGAGORS sA~ll fw ~ny naion fail M keep tFw uid prKnises w
&nw~d, a f~il b datiw~ promptly ~ny of ~aid poliei„ of ins~nnu ro s+id MORTGA6EE, or fail promptly to pay fvlly ~y prrehim th~nfor o~ M aenr
n~p~ct f~il b pNfocn~ di~d~+ry~ ~:~cvt~. ~ff~ct. oanpl~t~. comply with n+d ~bi~M by N~ls cow~+M, w any p~n Mr~of, s+id MORTGAGEE may pl~a and
paY for wd~ trpwano~ o? ~ny p~rt tMrwf without w~hinp a~ffatlnp anr option, li~n, puity, a ripht undK w by vvtw of tMs Mwtpp~. and tM
fi,ll ~mown of ~ach ~nd w~ry wch p+ym.n~ sh+tl b~ imn»diat~y dw and p~yaW~ and ah+ll b~ar intKat from th~ dah thtr~of w~til paW M th~ rab ol
f1IM ~Mf CM111M11 PM NY.W~11 i11d 10~~1AQf WItI1 ~YCA II1lffpf ~MII bf fKWld ~ NN IIM Of 1II~t 1110f1~~~.
To pKmM. oon~mit or wffa no ws~N, Mnpairm~nt w d~t~riaatio~ of ssid propKty or ~ny p+rt th~noi.
S. To p~y aH ~nd w~p~iar ttw <otM. cha~pa urd sxps+u~s. taclv:linp s res3w:aEk astarr.ey's fa xa! cflass o! abs~acs~ of titk. incwred w psid at
~ny tim~ by s+id MORTGAGEE, buv~ ar ln tl+~ ~wnt of tM f~ilw~ on th~ pan of tM said MORTGAGOR w duy, promptly and fv11y p~rforn~, d~~cM~
~aeM~, ~ihct. wny>bq. oomplr with u~d ~bid~ by ~ach and ewry t!r sY~pulatiaa. prea~wn», oorditio~s„ ~nd ooweant~ of said promi~tory noN and thb
mo~tyap~ ~nY or ~i~ha. and wid cosn. d~pas and ~xpsrws. ead~ and ~wry, shaD b. anm.duay dw .nd p.yabi.j wM~he. o. ow ~Mr• b~ no~ia dr
mand, attempt ro oo1Mc1 a wit p~t ~nd tM fvll arnourN of ~ach and evKy wch pay~rwnt ~h+ll b~a? inter~st from ttM d~t~ th~rwf vntil p~id a~ the
rate of nir~e p~r oeatum p~r anrwm; and all ~aid obifs, cAu~s +nd expsnses incurnd a pakl, ~op~~h~r with wch intaat. ahall M s~cund by tM liu~ of Nw
morlp~p~. . .
A Th~t j~ in Mw ~wnt of any bn+ch of thb Morpsp~ o~ d~favlt on Mr part of th~ MORTGAGOR, w(b) to th~ ~wnt ~ny of ~aid w~m of mo.Ny
l+Keln nhn~d ro b~ not prompny and fully p~id within thirty (30~ dsys rKxt ahN tM samt sever+tty bstan~ dw ~nd payabt~. withow daMnd a nwia,
or in th~ ~wnt ~ach and wKy ths atipvl+tioro. ~M.n~nts. conditaro ~nd cown~nn of sa~d promissay not~ ~nd tAis mortppe ~ny a ~ither ~t~ no1
iu~y, prwoptly and fully qrform~d, d;scAuped tx~outed, eif6cted, compkted, complied with ~nd abided by, tlwn in ~ith~r a any such ~wM tM asid ap~
prqn~ swn mu~tiawd in aaid pranissay not~ tl+sn r~mainuq wipaid, witb intanst accrved, and all eaneys t~eursd hK~bY, shdl b~coim dw and pay~
abb fathwitl~, a tFweafie?. at tM option of said MORTGAGEE. +s fvlly ~nd compbtey u H ~II of the ssld sums of ma»y were wginally st7pula~ed
ro b~ pa;d en wch d~y, anyth;rg in sald promissory iwte or in this Nlortpay~ to tM contrary nawirhsundinp: ~nd thawpon or theresher ~t th~ option of
uid MORTGAGfE, without ratice w d~m~nd, wit at I~wr w in pvity, thsrefwe w thereafta bepun, may bt prosecuted as if all mornys Ncvnd lweby
h.d m.wnd Pra. ro~n imNn?tion.
7. That in N+~ went that ~t tl+~ begiroiey of w ~t ~y tirr~ pee~d'iny wy wit upon this Mwtg+ge, a to faeclos~ N, or to raform it, a to enfwa
p~yene~t oF ~ny d~ims htrevndu, s~id MORTGAGEE shall ~pply ro tM CouN Mvirg juriadrction therwf for the ~ppomtment of a Raceiver, wch Co~:t iMll
fortl+wifh sppoint s nceiwr of ~aid mortya~d popaty all and w+pulu. includ~rq aU •nd singular ~h. incom~, pofin, issues and nvenues from wMt~ver
towc~ d~tiwd, ~ad~ and ~very of which, » b~ieg ~xpreuy wwl~rstood. is I,ereby morl9ayed u if s~citiully ~et forth snd de~cribed in t!w pru?tinp and
F?~b~nd~en cl~~s~s lw~of, u+d wch Rec~iwr ah~ll Mve dl tFr bro~d and effedive fvnct~ons and powen in anywise entr~sted by ~ Co~n to • Receivsr. Md
wch ~ppointen~nf ~hall be mad~ by wch Court u ~n admined eqvity and ~ rrwtte? of absolut~ rght to aid MORTGACaEE, and withovt referenc~ to th~
ad~q~~cy w Y+~deq~acy of th~ v+lw of the prbp~ty mort9s~sd or to th~ wnrency o? ~nsolvency of ~aid MORTGAGOR a tM d~fendants, and thd wch
re?~n, profits, Moom~, issues and ~ewnws ~MII b~ appti~d by such Receiver sccordinp to the lian a puiry of aid MORTGAGEE ~nd tM pnctiu of svch
CourR
8. To duly, p.o~rN ,~d w~h P..ro.m, ~,..9.. ~:ecute, ~Ifect, complNS. aomply with ~nd abid~ by e~ch ud tvery ths stipuiatioro„ sy?eements,
cond'~tioro and cove~+nn in said p~omiuwy no» ud tha mortyaqe set forth.
9. Th~t tM evero tM ownenhip of tM mortyayed premaes, w+ny p+rt thereof, becanes vested in • penon other tMn tlr MORTGAGOR, th~
MpRTGAGEE, irs wcceswn and usip~?s. may. without notiu to 1he MORTGAOR. deal with such wuessor a sucus~a in interest with reference to tha
morp~ ~nd tM debt Mreby iecwed in th~ sxn~ m~nner ~s with Maty~por withoul In ~ny way vitiatlnp a d~sciurpinp tM Mort~a~ws' liability Mr?
under w vpon th~ debt her~by sewred. No s+l~ of th~ premises hereby mort~~ped and no forbesrance on the p~rt of ths MORTGAGEE or its ~uuessws
or ~ssiyrn u+d no extMSion of the time fw the psyment of th~ debt hsreby secured 9iv~n bp tM MORTGAGEE a ib succnsors a auipns, shall opaaN
to nlNw, dacharp~, modifp cMn~e a~ffect the wqinal IF~bil~ry of t!w MORTGAGOR Mriuy titFwr in whols w in put.
10. It & specif'rcally ap.eed rhaf tim~ h of ths euence of tlas coMrad and thH no w~iwt of am obliyation M~wnder or of 1M obi~pation a~-
cund h~reby shall ~t any tim~ thereafiar b~ held to be a waiwr of tht t~rma her~oi a of ths instrvrMnt s~cured herby. a-+~F•:, K',.~-_
I1. In add~Yan ro the (a month " ~t.i~~u•uNN -9>. .
sgo:rg ly paYments of princ'p~l and iMerest required by the promistory not~ fecur~d here~~~
ar~d .pre.s ro par ro mor~pa9e~ wi~h each m«+rhlr payr~nem an sdd~~sonal wm estim+ted by morty~ee to be eqwl to 1/14 of thqi~{~G~a~~.
r:.i: P '
A-All real property taxa kvied or assessed a9ainst the above dacribed rcsl estste. - ~1 ~E~ ~
C
~ , b ~ % -
b-Premivms on f'ue and windstorm inswance ss here~~ requ'aed to be orr'~ed on the im~provemenb sitvate on the aboie ~ . _
C-Premiurm on wch morty~e ywr~nry ieuvrance at mortyspes shall (rom time to time deem fi1 ro urry on the loao Q¢~ : ~~,~s
~ Mortya~t tFull from tims to time notify mortg~gw in writing of th~ amount dve and p~yabl~ her~ur~de~ ~~d such wT9 Qhh Q~i anc~
I psribb on th~ due• date of the next monthly p~Yment and tach wcuttiw montF? thereafter until mortyayee ahall notify mqq ~
amount. Such wms shall be applied by mortyspee towsrd tF~ p~ym~nt of real p~operty taxes, inwr~nc~ pran:ums, and
p ~'~~i~•~d•~~~•.. J .
I rtmiuTS. , .
~ IN WITNE55 1MHlREOf, the s~id MOltTGAGOR Ms hereunto tet his hand and ~e~l t!w day snd yesr first sfore~sid. ~ ~~.,,~~~T
~ and of: .
M Fv P e s In q
~3vr Pr dent
AttPst: ~i tary
. K--^ 1
SfATE OF FLORIDA ~'(~Uy~ OF SAWT LUCIE
i HFREBY CERTll'l~. That on t6ta d~r o/ I"~ ~ „ A. D. 1966 ~
~~y a~~ Edward W. Mac Fvoy ~ Dora thy W. Mac Evoy
reapecHwly Plnnldont and ~
Mac Evov Pronerties, Inc. Q Florida _~~,p,
known to be th~ pwswu dacrtbod in and m/io oxecnt~d tl~ (a+eaotng iruGnun~t. and a~va+aQy acbto~
~M~ ~aoa
~ cation th~r,aof to lit t~i~tr ~rw ad and deed w iuch offtcers ~or tl~e n~ and pwpo~ea t1~+etn n~endaiM~`.~ ~
t e ~~.~'~!"'~-..y~
~ n~
f
txed t1~er~seo tl~. o~jtdol .eal o~ aotd oapor+atton. and tbe satd tnrtr+m~ent t, tlw a~ and d.sd e+j~,~sard• . D"~~,.,
'i~:.
WITNES3 ner l~and and of
f
iotai ,.ai at Fwt Ptero. ~ ~~j~' t~ ti - '
i:;-:J~ s,~t,~
RECORD VERIBI~p ~ , v,~ - .
FI P R E 0 R D E D Noeanr Pnbltc. tn and ;o. ~at. and t
~ N-~ 9 0 0 K My Commtston Fxptrw: ~'~0tah? Pubfic. Statr jAo~y ~
:..i.. .ue,..a.u .an. Q bComrtltS Aot, F7Ipl~
~ ~ + J .
~i
'66 Mu1`l I 2 PN 3: 3 ~ 6
• 14523~
R~OER POiTttAS. CLERK ~
cT ~ ~~~~c f~~JPITY. . .
r LpRIGA
1 ~145 ~ ~ ~ .
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