HomeMy WebLinkAbout0297 t . iJ
To plaa and oontiiwously kNp on th~ buildirps now a h~.~aftN sitwb on s~id land ~nd on ~II equipmeet Md P.no~+.~w ~ow..d br rn~. ~p.
pa with all pr~iweA thKeon paid ie I~fl, fut ~eswanc~ i++ th~ vswl :andud poticy fonn, ~in a sw~n ~pprowd by tM MORTGI?GEE, ~nd wind~form
Inaw~na in th~ ~aual atandard policy fwn~ M• wn? ~pprowd by tM MORTGAGEE. h~ wcA campany a compania a tFr MORTGAGff nwy
dineq and dl tin a?d w'wwkwrm irawana poliei~s on ary of s~id bWW;np~, ~ny int~st tMrNn o~ p~rt ~hKwf, in tM ~rp~q wen ~tora+id a
In exaa ~»f. ~MII oonuln ~M ww1 Nandard mo.~ya~ d~vs~ a wd~ aha ci•us~ a~M Monp+~ ^~+r nvu+.~, maki~q N» loss w+d~. sa~d po14
c~.s. ..d~ and .v..y. wr.b1. a~aid MORTGI?GEE K ia i~+~erssr n+ay •pp~.?. ~nd eath ~+d ~w~y tutA poticy thail be promptly ass:9~+td ~nd d~liw?al to
.ny MW by uid MORTGAGFE a fw~h~r Nanf~y ?o s+jd mo+p~p. d~b~. and no1 I~ss than qn l1~ days in adva+n of ~M ~xpk~tion of Nch policy. ro d~
uwe a saW MORTGJ?GEE • r«»w~l tFwwf. 1opNhK with • naipt fw tM pneniwn of wdi nn~wali and thK~ sMll b~ no fin w wi~tam lruwaoe~
pl~ad on ~ny of sNd buildops,, N+y tM~r~p tl~~in or part th~nof, wd~u 1n tM iw+n'and witb th~ loss payabte u afonsaidj and in tM ~vent anY wen
of mon~y beconws p~yabN u~d~~ wch policy a? potici~s wid MORTGJIGEE ~I++II Mw th~ optiw? to ne~iw and ~pply tM sw~ on ~coow?t o1 tM ind~b~d~
e»u s~ow~d I~~b~r a a pKmit s+id MOitTCAGORS ro?eaeiw and w~ h a~oy part therw/ for orher purposeti w~~hout ~6xeb,r w~ivin9 a impiir.
iny ~nY puity. lip~ or ~ipht urd~ a bp +rirtw of thb mortpapp and in t?M ~wet wid MORTGAGORS sMll for ~ny r~ason f~il to ke~p tM wid prNnaes w
tnsw~d, a f~il b d~liva P~~Mh? ~^Y of ..td po~~t.s of tnsur.~+o. a s.td ~qtTG/?GEE. w ta~i pro~~h +o wr w~N ~?r a.m;~,m t~e..M. w tn any
r~sp~d htl w pafo~e~, d'ad~uq~. ~x~wt~. ~ff~. compl~t~ eomply wFth and +bid~ by N~is eovsn~nt. o. any paN F~uwf. said MORTGAGEE m~y pisa ~nd
p+y for wd~ krw«+u w arhl put thNeof without w~hrinp or aff~ctirq any optioA, li~n, puity. a ripht undK o? by virtw of this Mo~t~ap~. and tM
h,n «oa,nr of .,d~ and w.~r axh pynw+~ aM11 M imn.dia.ly dw .nd prabN .nd sMU e.a: ~u.reu f.om ~M d.r. rh~rwf unrU p.id rh. ~aa ol
nirw pK pnlwn pK arn~xn and 1og~tFrr with wth intNMt shall b~ s~cw~d b~r th~ IiN~of Mh lrwrtqap~.
4. To pamit; oonwnit or suff~r oo wat~. la~P+irn+ent a d~tKior~tioe of s~W propKry a any pwt tMr~of.
.
S. To pay dl ~nd si+pvtar tM ~oo~t~„ charpq and ~apanses, includirg a na~bb ~ttan~y's fN and aosb of sMn~c» of titl~, incwred a paid at
any tLn~ b~r uid MORTGJIGEE, ba~w~ w in tl+~ ~wn1 of tM f~ilw~ an tM put of rM said MatIGAGOR w duy, pomptly aed fu11y p~rfwnA, d~schup~
~xecvt~ ~N~d. oompl~q~, aomplY with and abid~ bp ~ach and ~vay th~ sfiP~l+tans. a0r~e^n. condit~aa. and aown~nts of s~id praniswry noM and ~hp
^+wtp+p~ ~nf? ar ~itlw. ~nd aid awt~, chu~s and ~apen~ew ~ach and ~wry. •~u b. ~»d~.r.y dw ,~d P.y.w.r wa.r~ o. ~oe r~. b~ ao~ici dr
mw+d„ an~mp b oolbet w w1t p~n~nyj and t!w fvU anaoeM of Neh snd rwry wth psynwnt shrll bea~ i~+tsr~s~ froen tM d~t~ t1?~~eof uatil p~id at tM
rare oi ~irr pK o~ntum pr anxrmt ~nd aU aaid absn, cMry~s and e:pxws ieawred a p~id, topsMa with wch intK~at. sh+ll b~ s~tw~d by tM IiM of tlw
morbg~.
6~ iAN (a) In the w«+t of any bhach of thh Matpap~ a d~fwlt on th~ put of tM MORTGAGOR, or (b) in th~ ~wnt ~oy of w~d swns of mc?ewy
~,...s~ r•f.r~.d w b. ~+a v~a++Mb ,~;d r„iN Pa~d W~~hu, ~h~.ry cao~ a+r. ~x~ .ne. ~h. ..me s.~~.iy bs~~w~,. d~e .~d P,yaw.. w~thout damand a notae.
w td h d» ~wM sach and wKy NK qipulatloro. +prNensn~s. conditian and ooven~nn of sa+d promiswry eo» and th~s mortp~ any or ei~!?er u~ no1 ~
~+b'. P~P~b ~d fulh Psrfore»d. dsch+rped, ~x~cuted, ~ffict~d. canpl~tsd, comP~»d wi~h u~d ab~ded ~iy, th~n in e~thK a any wch event Nr said a~
y?.5,,1~ wm m~ntaMd in ~+td p.omi~.o.y oon then ..mainirw unp+id. wid, tnt..ar acuwd. +nd au mooeys ..cur.d t~.by, sl+.u e.oom. dw and p,y-
~bb twthwitl~, or thenafrK, ~t rh~ oprion oi aaid MORTGAGEE, u fvly ~ed co~npl~~el~r u ff all of the asid sun» of mary wer~ oripin~lly atiputated
ro b~ p~d on wd~ day, any~hieg in said pramis~wy no» w in rhis Mort~aye ro tM tontr~y ratwirMtsndinp; a~d rherwpon w thertaha ~t tM opYan of
s.id MORTGAGEE. without naiu a dem+~d, wk at laa or in puiry, therefon or thereahrr btQvn, may be p?os~cuted as if all moetys s~cvnd hsr~by
had nwfw~d prior W i» instifution.
7. Th~t ie th~ ~wnt tM1 at th~ b~&~nieg of or d ~ny time pMding apy wit upon this Mwtyspe, w ro foreclose h, w to reform it, or 10 MfOIp
paYment of uqr d+ima Mreund~r, aid MORTGAGEE aiwll apply to th~ Court havirg jwisdhtion thersof fw th~ ~ppant.?~t of a R~caver, wch Carif thsll
fwrliwFth ~ppoint s nceiver of a~id matyayad property all and siny~rlar. irKludu+p sll and singul~r tFk inwene. profits, aw~s ~nd r~venues from whatev~r
souru duiwd. ~ach u~d every of which. H b~inp fkPfffily {MdltflOOd. is herebY mw~9aged ~s if ~pecifiulty set fu~h aed dewibed in the ~.a+rirp and i
h+Mr~d~Kn ttawes Mrsof. and such Reeehrei aha11 Mw aU !!w broad and effecriw funcriwa ~nd powen in anywise sntrvsted by a Coun to a Receiver. ~nd ~
tuch ~ppoinhmnt sh~ll be mad~ by svch Covrt as a~ adrnitted puity ~nd a m~ttN of absdute ~qht ro saki MORTGAGEE, a+d witF+out refaence ro th~
adequacy o~ in~d~qu~cy of tfw vslw of ths p~bperty ew~aped o~ to the sohrrncy or ~nsdveecy d uld MORIGAGOR a th~ defendann, and that such
rcros, profif~. inconK uwes and rwenues sMll b~ ~ppli~d by s~ch Reuiver ~ccwdinp to tl+~ lian or puity of ~aid MORTGAGEE aod tM p?+ctiu of such #
Cowt.
To du~Y. P~a^Pth? +~d fvlb Pafam, d'ischuy~. execute. ~ffect, aomp~ete, comply with snd ~bid~ exh aod
cw~d'dtom and cov~n~s in said {tromissory not~ ~ed this matp~ tN forth. ~ ~Y the sfip~latiora, presrt~eMS.
9. ih~t in tM weM th~ ownership of th~ mortp+~ed Wemnes. or ~ny put tl~eof, becomes vetted in a p~rson other th~n the MORTGAGOR. th~
MQRTGAGEE, its wcceasors ~nd assiprn, may, w;tho~t notice ro tM MORTGAOR, deal with such waessw p wccessw in interest wieh reference ro this
r++ort~+~ ar~d tFk debt hsieby searr~d in fhe ~am~ msmer q with Mortg~yw without in any way vitiatin~ or d~scMry~og ~M Mw~9.go.s' li~biliry hert•
under or vpa~ tM deb~ hereby seaxed. No tale of the premises hereby mo~tpaged and no fwbeannoe on tM put of the MORTGAGEE w its svccesson ~
w suipm and no e:teosion of ti~e time iw the payment of tl~e ~Sbr hereby secu~ed yiven by the NtORTGAGEE or in wcuswrs or us~yns, shall opast~
ro nleas~. diid~arp~, modify ch~np~ or affeq th~ wigin~l lisb~lity of the MpRTGAGOR herein, eitFw in wlwl~ or fn put.
10. It b~pacifiully ayreed thal time is of the euence of tha contract and tMt no w+iwr of oblyaYan hereu~der or of the obliy~tioe se-
C~.?!d I1Ml~ ~FMII it ifly tirtN tI1!('HffN ~ IIlId f0 I1! ~ w1iVlf Of tAR tMR~f ANlOf Of Of tF~t iratrvrneet sccwed heiby.
~ 11. 1n sddition to N~e fwpo:nq mw~thly p~yments of princ'ql ard inte~est required by the promissory note secured hereby, mortg~gor eovenants
and ~prees to pay to mortg~y~e with e~ch monthly p~nent ~n ~ddirionst sum estimated by mortys~ee to be eqwl to 1/12 of the a~nwl cost of the fdlow- ~
f
A-All real property taxes kvied w nsessed agair~st tMe above dacribed real ptate.
d-Are~niwm on fire and windstwm insurante ss herein req~~red to be carr'~ed on the wnprovemena sitwte on the above desuibed prem;~es.
C-P~emiums on such mort~age 9wranty inswanc~ ss mortgage~ shall from t~me to Yune deam fit ro cury on the Iwn securcd hereby.
Matys9ae shall from time to time noNiy mortg~gor in wriYmp of the amount due snd payabk hereunder and tuch wm shall thereupon be dve ~nd
payabie on th~ due date of the next rrwnthly psyment and e~ch sutceuive month thereafter urlil mortgs~ee ~hall notify mortgsgor of a changa in wch
amount. Such swns sMl) be ~pptied by mort~s~ee foward the payment of real property taxes, insun~ prem;ums, and mwtgage 9wr~nty inwnixe
premiuma. ~
IN WlTNESS WNERFOF, the aaid MORiGAGOR hu hereunto set his Mnd ~nd seal the day ~nd yeu fust ~faasaid.
~ d, b ~nd dt ; vu th penu of:
K--q
STATE OF FLORIDA !
St. Lucie ~ ~
courrn oF
e.fon m. p.ao~.up .pp.u.a G. B W a 1 t e r s ,,,d
A 11 i e e e j11~ 8 l.t @ 1' 9 his wife, to. me weil knawn ~nd known to me to b~ s
rhe individwb de~aibd in and wfw ~x A 111 B C 6 N 8 1 tt?urrMnt, and ~dcnowkdged be(ore me that they ~xea?ted the sam~ fa tl» pwposes E
rherein ~~~ed Md Nw a:a
wi fe oF th~ Nid - G B W 81 ti e P 9 opon a sepuste ~nd privah ~
exsmination by rn~ aktn a~puat~ and aparl from her sa;d hvsb~~d, adv~owledqed ~o ~nd before rn~ that slw executed said imtrument freely and volw~. ~
arily and withoue aqy corr~pulsion, cantraint, apprel?~nsj
~ f~sar of or from her aaid husb+nd
WITNESS ~ny hud and offfcial seal ~ ~G LL (
A. D. 19___Y~ ~
+ry Public in and for the State of fbrida ~t lu~
My Comm~ssion ucpins:
Retum ta
Rrst f~daal S~vinps i loan Associstan ' 0~ AOlldi it WY~
~ F,,, PK«~, FIlEO AND RECOR~ED ~ Gw.:ssio. E~p'sa Sr#- 23•
fort Pierce. Fb.~a, sT. lUC1E COUNTY, FLA. M"~~ a°~.'`"
. RECORD VERfF1E0 , '
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'66 JUN I 6 - ~ ~o , ~ _
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„ 1461'70 : i; : -
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CLERK 'OtTR~S - . . _
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CIRCUIT COURT •
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