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HomeMy WebLinkAbout1593 : ~ : d W To p1~a ~nd oaulrwou~ly kMp on th~ buildi~+ps now a M.~+far ~itwa on ~aid land ~nd on att putpn»nt and pasondly covw~d bp Mls n+or~ Wi1~1 ~I p~NIdY11A IIfK~OIi {~i~ if1 fYli~ fY~ inswanc~ in t1y uwai s~andard Polih? lan~, • swn approwd bp t!» MORTGAGEE. and winbwnw trawana in tM wu~l ~t~nd~rd poiity fwn~, M• wm approwd by ~M MORTW?GEE. in su~h aanpany o? eanpae?ia a N+~ /KOrtTWIGEE may d'wW ~nd aU fin and windsann irawana pdiciq a+ a~y of said buildinp~, aey Nrnin a put tMnof. In tlr pp.qN~ w~ ~fora~id a In ~xaa~. IhK~of. ~h+ll canrafn fiw wwl aaedard mo.t~~ dauw a sud? wl+u daus~ a tM Mortp+pM ~r ?p~rin. m+kMg M~ los~ wdn s~id po1F ; dN. ~~d~ ~nd ~wry. WYaW~ q wid MORTGAGEE a ib htKat m~Y +PPw. a+d ~ath and ~wry wtA policy ~11 b~ P~+PTM Ms:9^~d and dNhft+~d ~o liw~'b wid MORTCAGEE ~rM~w~ NNnof. ,to~ttiw with~p~ dtbt. +nd. 001 bss th~n fM (10) day~ In ~dvanp of tFN ~upk~tion of t~d+ Po1icY. to d~ piaad an ~+y of taid bui ~u+M tor 1M prwnium of wch tMww~l~ and thwt shall bt no fin a windita~n i~awu~a ldinp~. kaK~t Nwwin ot pwt ~Mrwf. unl~a in tM fonn'~nd wf~h rh. Iou Pay~We a a~o..s.W1 ~+d tn ~M .wn~ s~y •wn of n?p+ey b.oo~nM p.yabh w,~ wd~ polky or policia saW MORTGAGEE s1uN luw ~M optioe a reoeiw and apply N» wn~ an ~ooowu of th~ ind~b~.d~ ms~ »aw~d ha~by a a p~H wid MpRiG/1GORS to reaiw u~d u~ h a ~~y p~rt ~her~of to. ott+e~ pwposea, wirhout tM.eb~ wai,rtnp a impain hp +nr puihr. li~n a riQh1 w~r a bp virlw d Mis nwrtpap~t ~nd in tM ~wnt ~~d MORTGAGORS aMll fa any n~aon hil 1o kNp tM wid pnmi~ w iro~nd. w fail b ddiw~ WOmPt~1? MW of ~w ~~a.s oE ~.w.~c,. a aw MortTC~?~~. o. r.si ~w~M wr ~ur +~n? a•~ +~•?•k. o. .r?~r ~ fatl b pwfocni, diuh~rq~, ~x~cut~. ~fhcf. oomptN~. comply with and abid~ by this cowrw+l, a ~ny part Mrwf, s+id MORTGACEE m~y plaa and P+Y ~ wd~ L+axana? a anp part tFrnof without w~tvinp or ~fi~tinp +nY aMio~. INn. ~4uitY. or ripht und« w by vtrtw of this Mortpap~, and tht fu11 an+o„m of .ach and ~ry wd~ paynw~+~ sh.11 b. ~ar.ty dw •nd p.y~bM «+d •A,U b.~. lnhnsr kom M. dah tl,.r.of unril paW ih. ~a» ol niM p~r cantwn p~r sn:wn~ +i+d to~rl~ with axA in».at ah~ll b~ s~cwed b~r th~ Ua~ of thM ~norpapw 1. To PKmM. oomnit ar wH~r no waN. ImWinneM a d~taria~tion of said propKtp or airy prt tMroof. S. to p~y ~II and unpular tM.oosh. charq~s aw! ~xp~w~, includ'u~p a hasonsbb ~norn~y's fN and aosq of ab~ti~cts of KtM, kKwr~d o? p~W at any t~me b~r s~~d MORTtsAGEE, becws! or in ti» ew~i of ftr faiiun on d+~ pWt ~ th~ i~id A10RTGACsOR !o duty, ptornptly and ivllY Pe*~~n. dixhx9R ~x~urt~, ~N~d, oomplet~. oomplY with ~nd abid~ b~? tsch ud twry tM sHpulationa, +p~earwof~ ooi+ditio~s. ~nd cove~+b d aid promistory nw~ and thii mwty+pe +nY or ~i~hw. and said ooan,. chup~a snd ~xperw~, ~ad~ M,d w~r, shafl M i~mwdiably du~ ~nd pa~nbl~r wMtl~r a nof NNn b~ i+otioi dr msed. atNmpt w ao1Md or wir p~npJ and rM full anwwN of ~acA ~nd wKy wch p~ym~M ~FMII b~a? inter~s~ from tM da» M~?eof until paW tM nte of e~ pK centum pK a,ww,n; and all said cM». cMr~ and expenses inaxnd a paid. Wp~Nw with wch inter~st. ~II b~ aawd by tlw IiMi of Nw mo~rlpay~- b. Thst in tM ewnt of any breach of this Mapap~ o? defauN an 1h~ pnt of tM MORTGAGOR, a lb) in th~ ewnt sM? of s~id wny of naewy M.~in nh.r~d ro b~ not p~ompuy and firly pa~d within thiny (~Ol d+YS n~at aha tlw saen~ stver~ly bscane du~ u~d WYaW~. withou~ d~nw~d w eatiot w W in +h~ .v+nt .ad~ and ewrr rh~ stiputatio~a. +~re.msnts. oonditions and oa?.n~nn oF .a~d prwnistwy nw. aed tAis e~+o.tpap~ any w~ithK an na ivty, pramptlY and fvlN P~a~d, d~sdarpsd, ~xacvted. ~fficad, comPkted. ~anPl~d with and abided by, tFw~ in ~itMr or p~q~t~ awe msmioe~c! in wid promiasory not~ tMn nm~inL+O w+Wid. vrith inae?~st +~?Y weh ~wm tl» said ap aarved, and alt ma+~ys s~cvred hu~by. ~lwN b~oon+~ dw ~nd WY ~bl~ iwthwitl4 or tMrNfta. at th~ option of s~id MORTGAGEE, u(vlly snd completey u H afl of ~he s+id suna of ma»y w~?~ agin~lly stlpubted to b~ p~id on wch day, a~ythir+p h aid promisswy noM or in this A11o~s~e w th~ contr~ry ~rithstsnd'ag: ~nd thsrwpon or thenahM ~t ~M optian of uid MORTGAGEE, witlaut notic~ w d~m~nd, wif ~t lawr or in equity. Mer~fon or N+sr~aftsr bpw~. enay be prosecvt~d as lf all morwps Nevr~d hweby h+d n+.nmed p.a. ro ~n innnutan. 7. ?iMt in th~ went th~t at th~ b~y&u~ing of or at any fien~ pendinp ~oy wit ~pon thp v Matyap~, o. to foraclw~ H, w w nfonn N, a to ~+?fo?a wYmeM of uyr dirro henue~da~. s~id MORTGAGEE shall apply ro the Caxt Iwvinp pxisd~ction thereof for tM appomtm~nt of a Rece:va. wd~ Couit sh+ll fo?tliwith ~ppaM a ncsiver of said mortpaped property ~II u~d sinpvlar. indud,rg all snd singulu ttw incan~, profits, bsws and nvenues from what~ sovros d~riwd, ~ad~ and ~very of wh~cl~. N beinp expressly undera~ood, is herebY mwtp+9ed as if speNfiuly set forth and dew~ed in tM ~anw+p snd S heb~r~nn claus~s Iw~eoi, and wch Rec~irer shsll Mw all the bwd u~d effectivs functiau and powen in ~nywis~ Mlrusted by a Cowf to ~ R~uiw+, and } a~ch ~ppointrnerN shall be maJ~ bp such Cowt ~s sn ~dmined eqvity ~nd s m~tter of absoluro rigAt w aid MORTGAGEE, and without ~efsr~te to ih~ ~ ~dequ~cy or in~d~quacy of t1+~ valu~ of th~ praperty mat9ayed or to tke wlvency a insdrency of aid MORTGAGOR a the def~nt~„ and that wd~ ~ renn. prof'~ts. incon~, asves md rw+ews shrN b~ ~ppli~d by such Reuiver accordinp ~o tM tien or equiry of ~+id MORTGAGEE and the padia of wch Co~xt. 8. to duly. ao~~h •~d ~~b w~~. ~'~ti•~•.. ~x~t~. ~Hect, oompkte, comply with snd ~Wd~ by each and evrry tlw stFpvlati«w, +pr+a~++~ta. cond'nioru ~nd covenants ~ said pra~waory na~ and ~his mortp~ge ser fwH?. 9. That in the event tM awnenhip of the mortyp~d pem;ses, or any psrt thereof, becanes v~sted h• person other than the IYIORTGAGOR. th~ MORTG~?CsEE. its svcpssors and asspro, may, without notice to tlw MORTGAOR, deal with svch wccessor or successur in interest with r~faenoe ro tha rrw++Qap~ r?d the d~M hereby secured in th~ s~n» nurr~r as with Mwt9agw witlww ie any wsy vitiatinp ar disch~rp'ug tl~ Mwt9a9as• Ii~bility lw.r under w upon the debt her~by searred. No ad~ of th~ prsmises hereby morty~ped urd np fwbeu~nce on th~ put of tM~ MORTGAGEE a iq svooessors w assipro and no ~ate~:ion of the rirnr for N+e payment of ths. debt haeby secured 9iwn by tM MORTr'sAGEE w in svtcesson w assip%, ahall opaab ~o r~a~, disd~arye, modify cha~ or ~ffecr the aiyin~l lisbiliry of th~ MpRTCsAGOR h~r~iq, ~itlrr in whole or in part. ; 10. It is specificstly agrcad that tim~ is of ths essence of tha cor~act and th~t eo w~iver of any oblipation haeunder a of tlw obliyatioe sr cvrod Iwreby ahalt at any tim~ Mcreafter b~ hstd ro be a waiver of the terms herwf or of the 'uar.umeet sscv.ed I~by. 11. tn add~tion ro the forsyo:ng monthly psyrneny of princ'p~l and inte?est requ'ued by the promiuory note fecured he~eby, mpiysgor ~wn~?y snd prees to pay to mort9~yee with each monthlY paYment an adcl;tiorul wm estimated by mortyapee to be eqwl to 1/.12 of the ~nnual cost of the folbw- ing: A-Ail ~~al propeny t~xes kvied a aasessed aysimt the above desaibed real esrate. d-Orsmiwro on fire ~nd windstorm iraurance as harein repir'aed b be arried on thb im~xovemems situat~ on the abo+re described prernises. C-Premiwm on s4ch mortp~e 9wranty i~wrance ss ma~yagee si,all irom r~me ~o r~me desm fa ro carry on rAe lo,n secvred her ; Mort~~ee shall from time to time notify mortgapw in vinitinp of th~ amount dve ~e~d paysble hereuoder and sucb sum shslt there~pon be due and ; paYable on the due da~e of ths r~ext monthlY paYment and exh svocessiv~ month tMroaher umil mwtgape~ siWll notify rnutgagor of a cF~rg~ in wch i amoue~t. Sud~ sums shall bt ~pplied by mortys~ee towsrd ths paym~nt of resl property taxes, inswance prertuurtu, and mortyap~ ~uuanty irnuran~ { p~erniuero. , IN YVITNESS Wl1EREOF, the s~id MORTGAGOR has herounto ast his hsnd and seal the da y~u first ~forasaid ~ and ad in p~ of: ' ~ _ ~ • rt.~-Q '~-:.R SiATE OF FLORIDA 1 St. Lucie ~ ` couNtir oF eef«r e» P«.on.ny .ppw.d Jerry B Aus tin ~ T,At~rs~ T Ai~atin hh wi(e, to me well known and knoMm w nr to b~ tiw kr~ividwb d~scr~d in ~nd- who ~xecvted t!w fore~oirg instnxmnt, ~nd stknovrtady~d befon ms M~t they execvted the ssm~ for th~ purpw~s ~w«•~d. ~ . ra J. Auatin ' wiit oi ti+~ wid - ~T~rry B. A 79 ;i 11 upon . ~epsrat~ and privN~ ~ e~cunin.~ia. by m~ ak«+ ~.paraa and sput hom M. wd acknowbdped to w~d b~fon me that sM exacw~d said &~st~wnent fre~ly and volw?~ a.~~„ «,d ,~vithour «~r ~~n. caun.im, +~~1+e~.ia+. !w` fear'ar a from n.r ..a M„b.~a. ; YVfTNf55 my h~nd u~d ofFioial seal t' dnr d M~ Y A. D. 19 66 - . . ~ r... . _ • . ~ ary Public inw~+d for the Sta» of fbrida at L~r~ RNwn ta - • ~ Rra ?.d.rs1 s,vinps s ~o+o w.,oc;.r-~w, . • Y S1ate ai Haidt ~t 4~9` C ROEU NowY•P~c. ~q . Of Fort piert~. ~ A R E K E,ccp:e~. tt~i:. rn.~ PK.~., fb.~ ~ B 0 0 ~ f~A1r~ s'°" ' w.~ 1~~,. : f { N . . ~ Z~.~.:....., ~ .y;''-: . - ° t] • : ; • ~ •••.~v . ~ . p • ~ - ` •:.'s . - >iv 's6 MAY 13 PN 2 : 43 ~ ~ ~ II ~ ~,`i . _ : : ~ - ~ ~ H . : ~ _ ` ~ LEltK ~ ~ `~~~.~s ~ SS RO~ER~~~?~'""___ " , sT. LUC4E COUNTY. ~ • ~~o~oa . ~ . ° : t . e~145 ~ - J. I~. J _ _ ~ v.~: _ . _ _ - - _ - ~ . ~'z ~ . ' .~':e:r• " ss~` ` ' ' - ' . _ ' _ _ ' ' ~ . ~ ~ . ' ' _