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HomeMy WebLinkAbout2033 . ~ ~ t ~~~~e to pl~ ~nd contYwously kup an th~ bviidirps now or Aas~fhr sttwt~ on ~aW land w~d on all puiprn~nt ~nd pwwnally cownd b~r N+b narq~ ~ p~, wirh af) pr~wdwA tFw~on paid in fvl~, tin inwr~+c~ in th~ wval ~tandard policy fonn, ~n ~ sun? ~pprowd bY tM JMORiGAGEE. ~nd win~lorm , tiwirana N tM wua) uandard policy fam. in a sum ~pprowd by tlw AAORiGAGEE. in a+d~'- canP+np or oomp~ni~s ~ tM AIWRTGAOEE ~wr dM~dj ~nd all fin and wie~wnn tn~wana Pdici~ an any of said 6uild'a~p„ ~ny inN.~s~ tMnin or p~t tMnof. in IM pqrp+N ~wn ~faKaW or , In ~~oow dwMf. ~hall conqin tM wwl sandard ~tpapN dwst a wd~ o~h~? d+us~ a tM Ma~p+pN m+tr ?pvk~. n?~tin0 ti?~ Ioss wrdu said potF , 'ciM~ ~~ch ~nd wKy. WY+W~ lo ssid MORtGIIGEE a ib intKest msy appN?. and aach and ~vay itreA polky ah~ll M prompHY sss:9Md ~nd dtl+wt~d 10 ~ ~ny MM by s~W MORTGI?GEE a iwtF~r s~w•i~1r ro Nid mapp~ d~W. +ed. ew le~s th~n un (lOf day~ in ~dvana of 11~ s~cph~tan of wch PolicY. to d~ IMr M uid MORTWIGEE ~ n+»wal tlwna~f. wqe~ha wi~h •?~eipt to? tM p~eniwn of wd~ ra+ew~tj u,d ~Mn sh~U b~ no fia a wk~»+m inwr~na plaad on a~r of aW buildtnp~„ any Int~rM? tl~nin a pa.t M~rwf. wdess M th~ fonn' ard whh tM laas p~yabN a afa~s.idi and in tF?~ ~wnt any wn+ of nqn~y b~oana payaW~ w+da wch poliey a polic~it s~id MORTGAGEE ahall haw tM option to naiw and ~pplr tM s+rt?~ on ~caounl o~ tM k~debt~ n~p wcw~d 1~~ a a p~rn+it s~id MORTGAGORS M na7w ud w~ if a any pan th~rwf for ahe~ pwposes, wi~houf ths.eb~ w~ivin~ . o. impak- ~C +~Y ~9~?HY~ IiM Of fi~At 1K~f Of by V41W Of tlst nWft~~Qft iMI M1 t1N ~VMt Mid ARORTC~GORS fIMII Mf Nly fNiOfl f~il 10 ItNp fIN NiII PfM11iiM i0 ierw~d. ar f~ll a dtliwr ManpNl? anY of s~id politi~s of it~sunew~ fo i~d IViWRiG/1GE~ ar f~it P~a^PtFY ~ P~Y fi+uY M+1I P?~mlwn tlNnfor or in ae?~I nrp~ct fail b p~rtocn~, d'aclMrg~. ~x~cu1~. ~fhct, aornpl~t~ oomP~Y witl~ ~nd ~bid~ by tiw aownant, w any put Mnof. said MORTGI?GEE m~y pt+a snd WY for auch MNwano~ or a~y p~rt thwrof witl+out vwhrinp a aff~ctin0 +np oPtion. tkn. pvitY. a ri~ia vndM a by vinw of this Mort9ap~. a~d tAe 1uH an~oum of ~aeh and wKy wth payn~wtl ~MII M MewMdiauly dw and p~yabN and sh~ll btar int~nst fram tM daN tl?~rtOf until p~W M ih~ rat~ ol n4M per qnh~n pt ~ntnMn and WptlhN witA wd~ fnttr~at ~h~U b~ secw~d by Ih~ HM of lhi~ onortp+p~. 4. To pwmit, oon~mit ar wffM no w~st~ ~m w dNtrioation of ~aid Ptaysrtl? at snY P+n ~ S. To p+y aU ~nd wpular ~M.ooat~. ch+rpn ~nd ~xpN+w+. includinp a n~sooibl~ anonw~'~ fM .nd cwn of .~nacts of titk. incwred o? paid a~ ~ any ti~n~ b~r a~id MORTGJ?GEE. b~eav~ o~ in th~ ~wr?t of tM failun on th~ p~rt of the uid MORTG~?GOR w duN. p~~+Pth? +~d fvlN D~fonn, dach+ey~ 3 ~x~wt~, cffed. oomplN~,. oomplY witF~ uid ab~d~ by ~ad~ and ~very tla stiPul+tia+s. +DrNma+ts, oo~ditioro. ~nd aown~n~s of uid p.anissary noN aed rAi~ ~ ~++aq+?~ +~1? a sid~. u~d w~d oosn. ciwp~s ~nd ~xp~n~ ~sch and wa~y. ~hall br &nnrdiat~y dw uid p~yabbj whetlrr a not tlw~ b~ notiai d~ e++nd. nnenp~ to ooliaet or svit p~e~d'irg~ ae?d tM full amow» d~ach and way wch paymam shall bear i~t~st han d~ d~t~ tM?wf w~ril p~id the ; ra1~ of ~ pK otelum pM ar~xnj and all said cbas, ch~r~a ~nd ~:p~ra~s_ inturnd a p~id. fop~tlwr with wch intapb ~hall be a~cw~d by th~ li~n of tha ' ~p~ i a Tl+~t W te t!K went of amr bnach of tiw Morpaye w dtfwlt on Hr put of th~ MORTGAGOR. o? (b) in Nw went any of s~id a~ms of naney Iwrrin nf~n~d ro b~ na pranpty s~+d fuly paid within thirtY C~) d~ys ~wxt after tt+~ ~ sever~tly b~car» dw and pay~W:. w~tMvt d~nw+rl or natce. w W ln tM ~wnt ~ad~ ~nd ~vary tM stiPv~+tiora~ +~~t~,. conditions and wwmna of arid promasory -oot~ ~ed this matpap~ aMr a ~uMr ~n no1 !~?~Y. D?ompt~Y ~nd fvll~r Pwfo?n»d. dischwp~d, txetvtsd. ~ffict~d, compkt~d. oompli~d with ~nd abitkd by. then in eitlNt or ~r?y wth ~wM ti» said ap~ prq~t~_ swn awntiawd in uid promistiory not~ than rNnaininp ~nP+td. with intsr~st aarwd and all morays a~ewed Mnby. thdl b~oo~n~ dw and Wlh abt~ knhwi~h, a th~re~f»r, st th~ option of said MORTGAGEE, as fully ud compl~tely ~s li all of th~ said w~m of maKy w~n agindlp atiputa~ed ; ro b~ p~id on wd~ dsY. ~nythieg in ssid promissory noa a in this Mwrpape to ~M oonrrary notwi~Mtandinp; and th~rwpon or thtreaft~r ~t tM option of ~ wW M~ORTGJIGEE. without noticr w d~m+nd, svil ~t 1„v a in puity, thersfon a tharsa(t~r bpvn, m~y M p~osecvted as if dl mon~ya s~a+r~d Mreby Md m~tur~d priw fo its irotitution. 7. Th~t i~ th~ wa~t tMt at tM beyinnieg of o? ~t arqr time pen~Gnp aoy wit irpon thp Matq~gc, or ro foraelos~ N, or to reiwm it, or ro enforo~ i p~ymem of a~r daims hKeuad~?. s~id MORTGAGEf shall appfy to ths Court h+vinp jurisd'~ctioo thereof fw the ~ppaotment of ~ Receiver. svch Cou:t sh~ll f«tFiwith appoint a receiver of s~id mutya~~d propHty all and sinpulv. inchiduq all a~d singutu the incam, profib, bsues and r~wnu~s from whatwK wwa~ d~riwd. ~ad~ Md ~very of which. H b~inp ~xpresaly uoden~ood, is l+er~by mortpaged a+f ipec+fically iet fath and desuib~d in th~ prantinp snd le~b~nd~,rn cbus~s Iweof, ~nd wd+ ReaivN sMll h~w all tM bod and effective functro~s and powers in ~nywise amusttd by a Cowt 1o a Rea~iwr. and wd+ ~ppointmM?t shall b~ mad~ by wch toun a~ ~n sdmitted eq~ity and a mitter oi absoluts rght w s~id N10RiGAGEE, a+d wirha,t r~ference ro th~ i ~d~qu+cy w i~+~dequacy of tM valw of the prbp~?ty mwtp~d or fo th~ solreecy or insolvency of said MpRTGAGOR a the d~f~rwlams„ and th~t wch nnts, profits, hcan~. iswes and r~wnws ihalt b~ ~ppliad by such Receiver ~ccwdi~g to the lien a equity of s+id MqtTGAGEE and the pr~caia of wch Cart. e. To duy, prompty and /ully perform, ~ischary~• ~xecvt~ effect compbts, camply with ~nd ~bid~ by e~ch ~+d wery tM stipulatiom. ~preements, ca~ditioro and coven+nb in said promissory not~ and this mortys~ ~et fonh. 9. ihat h th~ want th~ ovvMrship of t!a maty+Ced Pree?ists. w ~ny parf ti~eof, beoanes wstad te a p~r~on other Nwn the µORTGAGOR. fl+~ MORTGAGEE, irs waesson u~d assipns, may, w;rhow naice ro tiw MORTGAOR, de+l with sud+ wccessor a wccesso~ in intaest witM referenc~ ro this ; morq~pe and tlw debt hareby ~acwed in tht ssm~ mamer ~s with Mwtg~ without in ~ way vititliny a di~.g'~np tM Mortpapora' Iiabiliry h~.r under or upon tM debt hereby secured. No ssk of the premises hersby mortpped ~nd no fatxaanor on tM put oF th~ MpRTGAGEE a Hs suaes~ws or ~ssi~ns and eo ~x~sroion ot the time fw the payment of ths aebt hereby secured yiwn by tiw MORTGAGEE w its successors or auipns, sh~ll opeat~ ro~sas~, di~durp~, modify chanpe a~ffect the oriyinal li~bility of the MORTGAGOR Iwein, eitFw in whol~ or in psrt. 10. h b spe6fically ayroed th~t tim~ is of ths essence of this coMract and eMt no waiwr of uiy obti~t~on h~rMx~der or of tlw oblipation ar ' cw~d h~r~by thal) at ~ny tim~ thereafter 6~ lfdd tp be a waire~ of the ttrmt he?~of or of tlw imtrwnent sawrsd Mrby. ~ 11. In ad~ian ro *he faego:ng momhy paymenn of princ:p~l snd ineerat rsquired by the prom'~swry not~ setwed hereby, matp~gor cownanb i and ~e~s ro p~y M mortpagee with each monthlY p~Yment an ~dd~rion~l sum estimsted by rnortpapee to be eq~ral w 1/12 of the annual cost of the fdlow- ' ~g~ i2 A-Illf real property taxes levied w assessed agsimt the alwve descri6ed real esnt~. t B-Premivmt on fire ~nd wi~dstorm inwrsnce u herein req~~red to be csrried on the improvemeob situate on the above described f pre~ni~es. C-Premiums on s~tch mortg~ge 9uusnty inwrs~ce ss mortyapee shsll irom r~me ro rime de«n fit to carry on the losn secv~ed hercby. Mwtyayee thsll from time to fime notify mortg~gw in writing of the amow~t due ar+d payable hereu~de~ and wd~ wm shall therevpon be due and paYibb on ths due date of the next monthlY payment and esch successiv~ month thereafter until mortgagee ahall notify mongagw of a chsrge in wch amount. Such wms shall be applied by mortyspee towsrd the paym~nt of r~al property tsxes, inwrance prem:ums, and mortyape ywranty insurx~~ Pnmiums• - IN WITNE55 WHEREOF, the said MORTGAGOR has hereuMO s~t_ his Iwnd and stsl th~ day ~nd year t~iaasaid. ! Sipiwd, 5 ~I~d an ~liwr in the prc~nct of: ' t 11 ~ f ~ f n ; tey,n i STATE OF FLORIDA ~ i S5. • COUMY OF S' t. I,t1C ~ 9 s.~,,, _ Charl e s V. P a dr ick . Jr. ~ ~ R e s s~ e C. P a c~ ri ck t~, M,;f~, ~u tM tndividwb daoribad in and w!w ~z~wt~d tM fw~poinp teatr~xn~m, and idcrwwfed~d b~fore m~ that tMy ~x~cwed th~ s+nw for tM purpos~s N,s?.tn s,cpru..d. 11nd e!r RP a a i p~ P a t~ r i k ,~h ot d,. ~.~d _ C~,A rl A a V, p ~lri ~k ~Tr s upon • upar.r~ and pfir•+~ ~xamLution by m~ takMt tep~raN and apart from her said husbw~d, ~dcnowbdp~d b and b~fa~ m~ tlwt ahs s~cvtad said iostn~t 6~ty and rolum tan7y and witlwvt ~rq' oa~mpubion. cannsint. WW~h~ fur of or fran Mr wid }M+~band. 1M1TNE55 my !wd and offk;al swl t~---a~~ d~Y ~ /1. b. 19~ZLL . . ~ ~ - 1 " .~,/a/~ - Notarjr fn and iw th~ Stab af Notid~ N Lry~ MY . ' ~xpins: RMUrn 7oc fim F~da~ . S%!'1nQ! i tp.n A.sociation (~10~?Y Publk. ~taM ot AorW~ at ~ ~ ~ w?, P;.,~.. FILEO AND RECORD D'. ~h~~ n Y, ~'~.~~.w. ST. IUCIE COUNTY: ~4A• . aECORD VEa1FIH - ;Q.., , . : - ` ~ : . . ~o: A~QT~~~~' _ . , r~ '66 MAY 2 3 PM 3: I 9: rrcaoFrLC ~o ' ; ; • o . . ~ ~ : = ~ibiii~~ at ~itins, tn~ios ; ~e 7~= 145533 or ~ini~~ m~..ti.r~ton? io ! ROGER POITRAS t6is doa~sent tor aierotil~in~ ` ~ . ~[~,,;%r;~ ' . CL.ERK CIRCUIT COURT _ _ _ . • . . . + ~ ~ • 3 ~ ~-y. : , ~,~..Y„~ss , - ~ ~ ~,~b ~ ~i~,~ ~ . - _ - - - - -