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HomeMy WebLinkAbout1512 z:~`~~~~ ~ To pl~ and oontinuously kNp on tM b~itdi~+ps now or !?K~aha ~i~v~a on ~~fd land and on ~II ~qvipnrat and p~rwnally cownd by thi~ ino~p~ ~ p~, wirh dl ptmiwr4 thK~on p+~d in full, tin iru~~u?c~ in tM vswi st~+dxd policY fwm. ~n a swn +pprowd bY tM MORTGAGEE. and wM~d~tarm 1mw~na tn t!w u~wl ~~u~dud policy fonn, tn a wm ~pprowd by tM MORTGAGEE. in such camP+^Y a~~P+~ia a tM MORTGAf3EE ~+y diraq and ~11 iir~ and windawnn imur+oa Policia on ~ny of ~aid briWu+p~, ~np inans~ tMw~in a put therwf, M ti» s~prp+t~ ~wn ~faNaid a In u~cew tlwr~ef. slwll contain tl+~ wual stardxd enortyapN dws~ a tuch aMr dav~ a tM AI1atQ+pM m+Y rpvir~, makkg tM loas w+da aid polF i cfw .+ch and wK1?. n+r•bl. a said MORIGJ?GEE a in inN+at miy .ppaa•. •nd .ach .nd .w.y wch po~ky ih.ll b. p.anpth as:qrwd ~+d deliw~.d a } i u+y MW by saW MORiGI?GEE as fu.~Mr wcwity to wid moit~aap~ deW. and not i~ss than t«+ lld) days M ~dvana of tl+~ ~zpir~tion of wcA polic~r. ro d~ f liva to aW MORTGAGEE • r~wal rhKwf, to~thK with a nc~lpt fa tM pnmiwn of wd~ ~~ew~lr and tlw~ sMll b~ no fir~ o? windsrae? liawana pl~ad on ariy of aid bvtldap~, a+y intaat tMr~in or pwt tMhof, unl~u in rf~ form'uxi with tM bas p+yabb as ~fa~s~WWj M+d in tM ~wnt aMi swn of mpNy b~n~ p~Yapl~ und~ wch policy or policHs s~id MORTGAGEE ahall Iww ~M option ro naiw and apply tlw ssm~ on account o~ tM 1no~!?ted~ ne» wcwK! MnOy a w pamit said MORTWIGORS ro ~~aiw and w~ it a any pu~ thereof fa other purpoHS, wiiiau~ ~he.eb~ waivinp or ~mpair i^q +^r ~W+it1?. Il~n a ripht ued~r a by virtw of this morty~p~t and in tM ~wnt ~id MORTGAGORS ~11 fa aey nason fail 1o kNp tFy aid prwniNS w inwnd. or i~il 1o deliwr P~o^~P~~Y +^Y of t+id polic4s of i~avru+u ro ~+sd ~~OrtTGwGeE. or hii ao~~h a par h+~b +~w w«~„,e+ rha.f« w fn ae~ rKp~c~ fail b pMforni, diuhupe. ~x~a?t~. df~cl. con+pt~t~. comply with and +bid~ b1? tha covs^+^6 a a'y P+N lwrwf, said MORTC,AGfE may pl+ce ~nd P+Y fw sucA Mrw~ a anr pWt thwtiof wiMo~t w~lvk~p w~ff~ctinp ~n11 aWion. ~k~+.,~~Y. a ripM w~da or by virtw of this Mortp+p~. a+d tl+s fuli aenouot of ~ath ~nd wKy sveh payn~nt sMll b~ iemn~di~t~ly dw and p~yable ~nd aMll bta~ irn~rat kan th~ da» N+enof ue~il piid a1 th~ raN oi niM pK untwn qr u?:wm and to~ttMr with wcA interttt ~Mlt b~ t~cw~d by tM (t~n of Mia ~p~. r. To p~rrnN, camdt a wffa no w~st~. imP+km~nt w d~teriaatlon of wid propKty or ~ny put tMnof. S. To pay aii and sinputar tf+~ ~h. cha~~s u+d sxpen+es, inclvdirp a res~a»b!s +tta~neY'~ fK .~d cos» of abstrads ot mi~. incwr~i a paid ~t ~ny tin~ by s+id MORTGAGEE, b~cav~ or in tM ~vMt of th~ failw~ on tiw p~rt of tM uid MORTGAGOR to duy. praeptly arwJ fu11Y p~rfwm, d~xhugR ~xecva. ~ifed. oanPM~~. ~Ph? wirh and ab~k b~r ~+ch u~d ~very H» ulpulationa, apr~a++eon. ca~ditiaa. and aowe~nK of s+W prani~so~y rwa ~nd this ^+~9+W +~Y a~i~1+N. ~nd said oosa. ch~rpa and ~apuwi, ~ach and ~wry. ~hall b~ Y~unsd'aqly dw and p+~yabMt wMtMr a not tlwn Ee eotici d? mand, ~n~n+pt ro coI1M a wit W^~^Or ~nd tlw full ~mowN of ~ach and rwry auch paymsnt ~h~ll bea? iro~r~tf from tl+~ dat~ tl~reof until p~id af tM rate oi e~i~ p~r eentwn pN aerwm= and ~II uid adsts, d+u~a ~nd exp~ns~s incurr~d or p~id, topttMr with wch intu~at, sh~ll b~ s~ewad b1l tM li~n of tFw ^~+N- 0. lfut (a) in Me ~wnt ~ any breach of M~is Mon9ape w d~fwh on tM put of tM MORTGAGOR, or (b) in th~ went any oi s+W wms of mon~y hereh rtf~?r~d to b~ not pompt~r and fully piid within thirty (30) d+ys rwxl afta the tam~ s~vsrally b~can~ dw u~d pay~bN. withoul dem~nd ar not~ce, w(~ in tM ~wnt ~ach u~d ~wry tM u~vl~tio% +pr~enems. ca+diTions uid aovM+nts of s~id promiswry rat~ ~nd tlws matp+~e +nY a ~itha ~n iw1 i~rb. P~~PNY u+d fvlly pKform~d. discMrped. ~xscuted. ~ffected, comPt~tsd. comP~ied with and ~bide~ by, thsn in ~ithtr w u~y such ~wnt t!w aid ~ prp~M swe ma+tiomd 3n said promissory noh the~ r«naininp unpaid, with intKtst ~tuued, and ~II ma~eys ~twd Mr~by. ~I»II b~oom~ dw and p+y~ abt~ fonhwith, a tF~esha, at tl+t option of sa~d MORTGAGEE, u fuly and canplNely as H all of the sstd wms of mawry w~n oripin+~ly ulp~~+ted ro be p~~d on such d+y. any~hirg in isd pran~uory not~ or in this Mortpaye ro ~he comruy naw~tM~~+d~npj ~od rhenupon w ther~afte~ a~ rM option of uid MORTGAGEE. nritlww noY~a a d~m+nd. wit ~t la«r or in pvity. thar~Fon a thereafter bayvn, m~y b~ prwecuted as if all mon~ys s~air~d haeby hed nwfW~d prior to in iMtitution. 7. TMt in tM went that at tM Mgieu+inp of or at ~ny tim~ pendinp aoy wit vpon th;s Morrgagt, or !o faetloye it, w so reforen H, or to enfora~ p~yrneet of +M daims herewid~r• sad MORTGAGEE ~MII ~pply to ths Court hsvinp jurisdidion thc~eof for ths appo~ntment of a Ret~iwr, wch Cowt sh~ll fwttiwith ~ppoint • receiver of•s~id matpa~d property all aed sinpvla?. includ~np atl and sirqulu tM inoonw. profits, bsuts and rwenws iran wh+t~vtr ~ wura dKired. ~+d~ ~~d ~very of wh~d~. it bei^D txpressly understood, is hereby morlgaged a if ~pstificalty qt forth ar~d described h tlr pr~ntirq and ? hab~ndwn dausa hereof, u+d such Receiver shsll h~w all tlx brwd ~nd eifettive fvnctans and powen In ~Mrwise entrust~d by ~ Cowt to a Reuiva. ~nd ~ ~uch appointment ahall be mad~ by wch Co~rt ~s an admitted equity and a m~~ter of absolute riyht ro said MORTGAGEE, and withow refer~nce ro tM r adsqvsqr a in~d~qwcy of tM vslw of tFK prbperty mat9~yed w to the sonrency or insolvency oi s~id MARTGAGOR or fh. defe~d+r+n, sr?d tMt tuch ' renn, profifs, incorne, iaw» and r~va+ws sh~tl b~ app~isd by wch RecsivK sccordiny Io th~ lien or ~quity of said MORTGAGEE and tM pwctic~ of such ` Court. i . a. To duiY. promptly and fully pKform, d~xhary~, ex~cute, ef(ect, complete, complY wi~h a?d ~bid~ by eacl? ~nd ~wry th~ stipulatio~q, ~ytaem~nq, conditioro and ooven+nti in s+id promissory note and th~s matpaqe set fwth. ~ 9. That tn tM ~vent the ownenhip of the nwrty+~ed p~emises, or any psn thereof, becomes vr~ted in a pKSOn other than th~ MORTGAGOR, tM ~ MORTGAGEE, Ns succeaws ~nd auip~, may, withow ra~ics to the AhORTGAOR, dsal wifh such wccesta w wcutaor in i~te~est with refersnce to Mis morpap~ u~d tM debl he+ebr secured in tht samt rramer ~s with Ahwtyapw witlwW in ~ny way vitiatirg a dischupiny tht Mort~ayws' tlabiliry h~rr ~nder or vpon tbe debt hereby secwed. No sale of the premises Iroreby mortpap~d +nd no fo.beawnce on tM p+rt o( the /NORTGAGEE or its successon ~ a auigm snd ra extensan of the time fw the payma+t of the debt hareby secwed piven by tM MORTGAGEE w in sucuswn a auiyro, sMll opa~t~ to ~el~as~, di~chup~, modify chanp~ w ~ffect tM wiyin~l liabiliry of the MORTGAGOR Mrsm, eitlw in whol~ or In p~A. ~ 10. It is ~pecificslly a~reed tMt tim~ is of the essenc~ of tha coNract and N?d no waiva of any obl'gatan Mrwnder a of tM oblipation sr cur~d Mr~by ~F+all any time rhere~ha b~ MW to be a waiver of the t~nm harwf or of th~ instrument secured herby. 11. In addition to the fw~go:ng monthly psyments of princ:p~t ~nd intereu requued by the promissory no~e secured hereby, mat~sgor cownanri and ~p~aes to psy ro mwtgage~ with esch month~y payment ~n addi~ion~l sum e.timated by mwtqapee ro bs eqwl to 1/12 of the annwl cost of the follow- +ng: A-All real propeAy ta:es kvied a assessed against the abovt desaibed real esratt. B-Pramiwns on fire and wi~dstam iinwa~ce as F~erein requued to be urried on tiy improvemenn sitwte on tM above describ~d premisn. C-Premiums on wch mort9sge puaranty inswance ss mwtgspee shatl f~om t~me to time deem fit to urry on the losn secured hereby. A6ortyape~ shall from time to tune ratify mortgagor in writ~np of the amount due u~d payable herwnde~ and wd~ wm shall thereupon b~ due and payabl~ on the due dats of the nent monthly payment and exh waessiw month there~fter ~ntil mortgspM shall nolify mort9apw of ~ ch+ny~ in wch f amount. Such s~wns shall b~ applied by mortg~yee toward the payment of nal property taa~s, irovrance prem:wns, and matpa~e ~wranry inwr~nct I w•~,iums. ; IN WITNESS WHEREOf, the s~id MORTGAGOR has here~mo s~t his hand and sesl the day ~nd ye~r fint afora~aid. 4 ~ ~ S d and Iiva~d in th~ prnsnos of: ~ 4 n n n . t STATE OF FLORIDA ~ ' ~ St_ Lucie ~ ~ t ~ ~fa„ ~,,,,,iM,~.,~.d David H~rriell and Sadie H~rriell, his wiPe, ,,,d ~ Frenklin A. Harrie and Valerie V. Harris,. M, w;r~, ,,,,~o ~„w„ ,~,d k„~ „,~,e ro b. , rn. r~d'ivww~. d.wib.a tn .nd M,ho .x«u+.a rh. for.~oinp imt.umu+r. .na .ckno~nd.d~.d b.fw. m. thn tti.y .x.wf.d tt~. s«e. fo. tl,. purpo.as ~ ~,x,.~, .~«a. ,~„d Nid Sadie Harriell, Wife oP the said David Harriell, and wif~^OF I~M~ Mi~ YpOn 1!lpYat~ ~fld plivaN ex~mination by nw taks~ s~par~t~ u~d aput fr id hu~band~ b ~nd trefort n» th~t ~M~~wtd s~id Irotrwnent hMly and votwf wt w qrily and withovt uqr oompubion, coostraint, ~pprelw~uio~ Qr fear of or from ~taid Iwsband8. ~ wrrr,~,ss mr ~a ~a offK;,i ...i tM~ 1 v 7~ ~,~y - A. D. 19_~i ~ Notary K in ~nd fot tlw Stat~ of Fforida N l~rp~ ,L`~~:~~s~tiU~i~<<! ~ My ~xperp; ~~,_~(.~~Y. Rtl N DEO Notary PubUc. s~w or Ro~;a, ,t O:~°~' ~ N ' q~~~ o MY Commtssion Expires Aug. 6, 1967 8 ~ ~ K n Boaded By American Su~ety Co. ot N. Y. ~ o . ~p~~;~ ~ ~ ~ ~ ~ ~ ~ - • _..q _ • ~ = =•o Q3 '66 MAY t 2 PN 3: 32 ' ~ • ~ V { ~ ~ ~ ~ • V ' ~ v'? • v ~ = - ~ 145241 ••........••t` • ~ ~r~'~}~~ r l~OOER POi ~ RAS. ~iL~l~K ~ ''~=~<<~t~t~~``' . ST. LUCTE COUNTY. FLOl.~DA . ~ e~145 310 , ~ ` ° - ~ v._ _ _ . . _ _ _ _