HomeMy WebLinkAbout2267 . ' ! ~ ~ ~
To plaa w~d cominuousy kNp on t!r buildi~ now a haNfiN ~itua~ on saM land a~d on dl pulpnwnt and p~non~IN aov~nd by Mb narq~ .
p~, with ~11 p~miwe~ thweon pa~d in fvt6 fin ie?swanc~ io ~Fr uswl sunda.d potic~l faen, ~n • ~wn app~owd bY tM MOR~~GE~TGJ1(iEkE ~Y
imw~na M th~ ~swl uuida~d policy fa~n. h a wm approwd bY tM MORTGJIGEE. in wch ca^Wn~? o~ ~°^'W^jN r h~wn ~faKaid a
dinctJ ~nd ~11 fin and w'~twm L?tiwat~q politiM on +nY of ~aid buiWi~p~„ any inlNpt tF~~in a pM1 tMrwf. M~ tM +pp p+
In ~~cau ~Mnof, ~A+il contain th~ wwl uandard mon9ap~+ d~u~ a ~uch otl~r claw~ a tM Mortp~+W~ n~Y «v~+~n. Ioas undN uid po1F
c~as. .ach snd w..n PeYabl. a sa4d N?ORTGAGEE a~n t~+~KSS~ „~ay .~d ~ach ar,d .w.y wd~ po~ky aMU b. ~on~p~b .u:q~.d ~d d.~~.d a
eny MW by f~id MORTGAGEE ~s fwtMr ptvrity to uid e~o~y+y~ d~bt. +nd. no1 I~sa th~n tM (10'1 d~y~ in ~dv~na of tk~ ~xpkation of ~ach policy. ~o dr
iivN lo ~aid N10RTGAGEE • tartwat ttwrwf. w~stl~ ~nr~ti~ + r~tsiP~ f~ the P~amhnn o# w~ rtr»,ivsl; snd rhere ah+11 b~ no fin a winduo.m ieaw~na
plaad on any of wid lwildinps, any in»r.a N~.in a pa?t tMnof. unl.ss t~ tM fam'and with /M Iws payabl. a.fonsaWt and In tM .wat any w~n
~f ,,,~y p~C,ore,p p~yaWe undK wc}, pclicy a policia said MORTGAGEE sA+ll h~w +h~ ~ptian a no~iw and +pplr tM sareN a? +coow~~ 01 tM M+d~br~
exaa Ncur~d h~ttby a ro putniJ said AIIORTGAGORS ro~so~iw and w~ h w any pa?t th~reof for othe~ purpoHS, wilhout thereb/ waivirg w impaia
+~Y ~~b. ihn a rip6~ undK a b~r vktw of th4 nwrtpap~s and in th~ ~v~t uid MORTGAGORS ~h+ll fa sny ~~ason f~N to kkp tM s+id pnmisa w
iniund, a fNl b d~tiwr pomptty ~ny of said polides of insunrw w s+td MORTGAGEE, a fail promptly to p+Y w~N +~Y P~~TMw^ tM~for or M? anp
r~ap~ct fatl W p~fo~i dtstlssr~s. sx~cuf~. tff~ct. campl~t~. canp~Y with ~nd abid~ by this aownsnt, a aey part Fwrwl. s+id MORTGAGEE m~y pl~a and
P+Y far wch irowanc~ or +ny pat tMnoi without waNinp or ~ffwlnp anY aWion. ~qu~b. w?ipAt w+dK a by vktw of this Mortpap~. and the
h,u .naum of .ach .nd w.n? N+d~ wr~ sha11 b. imm.d~ar.ly dw and P.y.a. .nd ~hau bw ua.r.a fran tM dati ih.nof w~~i1 pad a~ rh. ra~ 01
nin~ pN amwn p~t arwm ~nd topetha wifh wcA k~tenst ~h+ll M Ntw~d bY tM lie~ of tN~ moHp+p~. ;
4. To p~rmH. aomnit w t~ffer no wat~, la~p~4ment ot d~tuiw~tion of wid propaty w anY P~t tM~~of• ~
5. To pay all ~nd sinp~?la~ th~ ~owt~, charpa ~nd ~xp~s, i~cludinp s nasonabl~ anwney's fN u~d awts of ~banacts of titl~. ~~d w pald a~ ~
~ny rim~ by wid MORTGAGEE. b~eauw a In tM ~wnt of eM f~ilun on tlr puf of tM ~aW MORTGAGOR to duly. P~a^~P~Y and fu11Y Pafonn. d'aeh+.~ I
exacvta ~ffed. aomPNM. oomplY with and abid~ b1? ~ ~nd ~very th~ ~tip~l~tioea, ~pre~rrwn». conditioia, and aown~nb of s~W promiisory noM a+d ~hb ~
mwtpp~ ~ny a eithN. and sait! oos~s. chup~s and taci? arrd ewry, aMll ~ inw+~d'utsly dus s+~d psysh~: whetMr a nw tM~e be notici d*
mand. ammpt w aolMct ar wH p~d'inpa and tM full arnou~u of ~ch ~nd wwY ~ WY~^~ sh+ll bsar interyt fran tM dab tlw~of unKl p~W ~t ti+e
rate of ~ pK antum pa +n~wm: +ed all ~aid tdsts. chu~es and expsro~s ina+rred o? p+id. top~th~r with such int~ntb ~1 b~ s~tw~d b~? th~ liwn of tha
mortp+p~.
6. iMt in th~ ~we~t of ~ny bnach of thit Mort~ape w d~f~ult on ttr part of ths MORTGAGOR, a(b) in tM went ~ny ot s~~d su~ms of moMy
h~roin nhrnd to b~ eo1 pra~?t1y and f~lly pald wirhi~ thiny (30) d~y~ nex~ aha tM sarne ~ever~lly baarK du~ uid p~y~bl~. witlwvt d~mae~d a notia.
or (c) in ttw ~wM each and ~wry th~ stipvl+tiom. ~W~aemnn. oonditioro and ao~re~nn of sa~d promiuory not~ u+d tFws mortpap~ any a eithK ar~ 001
iub. P~~^P~h? w+d fvlly pKforrMd. d~xh+rp~d, taecut~d. ~ffected. comPlet~d, comP~isd wi~h and ~bided ~iy. tlwn in eitMr w~ny wch ~vem t!w a+id ap~
prc~t~ .wm muNiawd in aaW promiuo~ry not~ then remalninp unPtid. wifh interat ~cuwd. ~nd atl naneys sacw~d her~by. ahall becomt dw u~d Mp
abl~ to~thwith, a th~r~aha, ~t tM option o} said MORTGAGEE, as fvlly ~nd canpbtely as if all of tF~e said swns of eeonty w~rt ai~in~lly ~tipulated
ro b. p.7d on such daY. ~nythinp in said promiuo.y nob a in tl~is Mw~ya~ ro ~M eontrary ew~w7~M~•nd'u+p: and ~h~.wpon a therwhK ~t rM op~an of
~aid MORTGAGEE, witlaut norice a d~mand, wit ~t lawr w in p~ity, tl~aefw~ or tlx~~aftN bpvn, may b~ proNCUtsd as H all mon~yt s~cw~d h~reby
hed m~twed priot to iri infliwtioe.
aQ
7. Thst ~ tlw wenf that at th~ b~yinninp of w ~t sny YNne pendng ~oy wit upon this N~wtyaQ~, w to faaclos~ k, or to reform lt, a to ~niwa
payrnent of v~y daam haeunder, wid MORTGAGEE sh+ll apply to tAs Cowt havinp jtxisdittion thtreof for the appantment of ~ Receiver, wd~ Couit ~11
Fo~tliwiM sppoint a receiver of said mwtp+pad propertY all and sirgular, inclvd~np all ~nd singulsr tM &~come. profita, bsues and nvenws fran whstwtr
wurc~ d~riwd. ~ad~ +nd ~very of which, it beirq expressly undersiood, a hereby mo~tgaged as if ~pec~fiully set fwth ~nd dssuibed in tl+~ y.antirg snd
hab~nduen clawes I+Neof. ~nd wch Receiwr shall haw all the broad snd eff~ctiw IunttWf?f N~fI pOwM G1 ~~?Ywift Mt~Vitld ify a COYtt f0 a RKSiVtf, u+d •
~uch sppointm~nt shall be ~n+de by wch Caxt a~n sdmined equity and a m+ne~ of absolute ripM w seid MORTGAGEE, and withqut refe~enc~ ro tFa
adpu~qr a kwd~q~acy of th~ wlw of th~ prap~.h matps~ed w to the whrency or 6+wlve~cY o/ ~aid MORTGAGOR or tl~e d~fendan», ~nd that such
renn, profitt, ~wonr, iuvss and r~wnws sMll be appli~d by wd+ Receiver ~ccordinp to tlw lien w puiry ot s~id MORTGAGEE and ths practiu of wch
Cowt.
s. To dvly, a«~ry ~a wiy P«r«~+. ~.ro~• ~x~cu», effect, canPk~e. comply wi~h ~nd abid~ by s~ch and ~wry ttw stipvlatiora. +Dreements.
condiYans and oovenann in aid promissory not~ and this mortyap~ set forth.
9. lh~t in tM event tM ownsnhip of the mo~t9~yad premises• a~rry put M~ereof, becomes vrshd in a perwn otMr tiwn tM AIIORTCsAGOR, th~
MORTGAGEE, Hs wcuaw+s and +ssipns, maY, v~rithout ao~ice to tM AhORtGAOR, deal with ivch successor a waessor in interest with refer~nce to tha
mor~ya~ ~nd ths deW M.~by secwsd in tM s+nw n+ama u with Nb.tpapor wNhow in ~ny w~y vitiatinp a dischuph+p Nw Mw~yapors' li~bility Irrr
under a ~pen the debt her~by secured. No s+k of tM premises hereby mortpayed and no fwb~ar~noe on th~ part of th~ MORTGAGEE or in wa~sson
w ~u'grr and no eate~nion of the time fa the payment of tM debt Iweby ~ecured yiven by tlw MCNtTGAGEE a in ~ucassors or assipna, ~t~+ll op~at~
to rska~, discMrpe, nwdity chsnp~ w aff~et tl+s wipinal lisb~l~ty of the MORTGAGOR Mrein, ~itha in whob a h part.
10. It b specifkatly apreed th~t thn~ is oi tM ea+ence of tha comraN ud th~t ro waiwr of u~y obl'g+Gon Mrevnder or of th~ oblip~tion s~-
cured IMnby ~I+all at arty time thereaher b~ held to be a w+iver of tM terms her~of or of tM insawnsnt secw~d herby. ~
11. !n addition to the forego:ng monthly psyments of princ:p?1 and ime?est required by the promiuory note secured hereby, mat~~pw townanb 1
and pre~s w pay to mortysgae with each monthly p~Yment sn additional wm atimat~d by mort9ayee to be sq~sl w 1/12 oi the annual cost of the follow- f
iny: i
A-NI real property laxes levied w suessed agsinsf tF+e sbove described real esate. i
d-P~emiwns on tKe and windstorm inwr~nce ss herein requ:red ro be urried on tfie in+prov~ments situste on ths above described premises. E
C-Premiwns on u~ch mort9pe 9~+uanry insurance s: mortgayee sh~ll from t~me to tune de~+n fit to wry oe the ban secured hereby. '
Mortya~a~ aMll from time ro time ratify mwtga~x in writirg of tfw an+ount dus ~nd payabl~ harawda and s~ch wm shall M+ersupon be due and
peYSbl~ on t1+e dw date of tFw next monthlY p~Yment and e~ch succesuw month there+fter until mortyaqee shsll notify mortgsgor of • chsnpe un wch
amaint. Sud~ sums shall be applied by mwtpspee foward the p+yment of real property ta:es, inswanc~ prem:unu, and moctyay~ 9uua+ty inwru~c~
Premiwn~•
~ IN WITNESS WHEREOf. N~t s~id MORTGAGOR fiss hereunto set his hand and aesl the day and yeu fint afwwid.
~
~ Sipr~, S~ bd usd d ~~d in tM pre~~noe of: ' r t
~L ~ i
n
n
STATE OF FLORIDA ~ - {
St. Lucie t
courm oF
~,o,,,~~y W i 11 i~m_ W_ H~rri a
H82e1 J_ H~rri s his w;fe. ~o m. w.ll known ,nd known ro m. ro b. ;
the Indvidwb d~wib~d in u+d who ~x~cuted tM forparg instrumem, and ~cknowbdped b~fore mt that tMy ex~cuted the sams for tM purpoas
.,~.,..d. A„d ,f,. .,;a Hazel J. Harri s ;
~~„b W i 11 i em W. H arr i s „pon , sep,.,r. aed p.iv.a i
ex~mination by me tak~n s~p~rst~ and ~p+rt from her ~aid hwb+nd. +du~owkdpsd w and b~for~ m~ that sh~ ~x~cuted wid irotr~t haly ~+d volwr
tarily ~nd withovt arqr oanpultion, aor?su~irN, ~t f~ar of ot from Mr said Iwtband.
d~y of A. D. 19
WITNESS mp fNnd ~nd oifkial ssal th~ N[
~
Notuy Publk ~nd fw tM Stat~ of florida at L~rp~
My ~xpires:
: ta pE0
a ~ F.d;~.~.'~~! ~,,~oN, ~ ANp REC~~ Notary PubNC. ~a~. a~ nor~aa at ~
:q ~~~-of~~~!i..~~. .~~.E COl)~T'Y• My Commission Enpir~s Aua. 6, 196 .
~~,0 '~t P~uu •F~wli 8T. ~c~~p ~~~~f~EO Bonded By Americsn Sur~ty Co. of N. Y.
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~ %~;:°~e ~.~o.,<<~= -~:n t~Ay Z i45~72
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~ 600K 1~
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