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HomeMy WebLinkAbout0969 ~ To plaa M?d oont~ww~xlY Iu~P a? tM butki'r+p~ now w hK~afrM ~IhnN on ~aid land ~+d on .11 p~ripmnt a+d pKSO~s11y cow~~d bY thi+ n~aq~ ~p~„ wi1A ~b pnn~iun# tMna? pa~d in fuil, f'w 4?swanc~ in tM vswl s~~ndard PdK1? fan~, ~n a sueM approwd bY th~ MORTGJIGEE. and wind~tai+n fnwr.no. in ~A. u~w) u«+d..d po~ic~r ~ra 1~ . swn .pprowd Mr' rh. MOR1ci/?c~EE: in wch comp.ny a oon~pan~a a~ M. MOrtrW?c~EE n~ay dlnq~ ~nd ~q fir~ and wiewkwrn~ inwrana po~iae~ ce ~ny of atd build'inp~, W?Y inNnst tl+Kein or p~t tM•wf. In th~ pprp+t~ wm ~fo~id a In ~xaM ~f. ~11 aontain tiw wwl ~andard mo~t~+p~! dtus~ a wch wlw dawt as th~ MorpapN nwY rw~?~n. ~?In0 tM loss w~dK sa~d polF dw «ch and .v.n?. wrab~. a wtd INORTW?GEE a cK h+~s..s~ m.y appa., and .ad~ «+d .vay wd~ paicr sha~~ b. p.ompth ~as:vn.d .nd d.~iw.ed ro' ~ny h~ld by wM MORTGJ?GEE a furtMr Na+ruy w wid monpap~ daM. and. no~ la~ than »n (10) d+p in advano~ oi th~ ~xpl.~tion of ~ad~ po~kl?. w da I;v~r p wid MORTGAGEE a n~wal tM~wf. topNiwr with •~ec~ipt fot NN p«niwn of wch ren~w~lt a~d ti+~.~ sMll M no fin w winds~wm 4uwana plaad on a~? of ~id b+ildinp~,. ~MI Mua~q t1~tN~ a prn H»nof. u~sa In the fona'~+d with tM loss payabt~ a afons+W~ ~nd in tM ~wM ~y wm af mon~r boat~ p+yaW~ undK wd~ polky w politiN wid MORTGIIGEE shaQ haw tM option b nosiw and applp tM samt on aaoun~ a1 tM bd~bad~ ma wow~d Iw~b'f? a w p~mit s+id MORTGAGORS b naiw and uN N a u~y part tMrwf fw o~he. pwpos~s, w~thovt ~Mreb~ waivinp o~ imp+ia ~0 +~w q~jb. li«+ or ~ipht unda a b~t virh+~ of this mor~~per and h tM ~wm s~W 1MOItTGAGORS shall fa any nawn fail to kNp tM s~id pr~man so ka~nd, a fail W d~liw? P~~b ~h? ~ s+~ Polici~s of ieawsno~ fo ~aid MORTCsAGEE. « t.~i ~~y a oar w~h +~rn a~•~~ tMhtor or in ~r r~~ fNl b pKM~nb ~p~. ~x~. ~ff~ct. ~omPbM` complY with and abid~ !nr this covM+nt, or any put i+Kwf, a~d MORTGAGEE m~y pl~p a~d p+r for wch Maurano~ or ar?y p~rt tMr~oi without walvin0 or ~ffwi~q aMion, Ii~n. pu~b. or riph? wdM a by virtw of thh M«pap~, and th~ full amo~~ oi ~cA and ~wry wd+ paynw~k ~ b~ inn~diahly dw ~nd p~y~bb ~nd sh~ll b~ar fm~~u kan tM dat~ thKeof umil p~id M tir wk of niiw pK antem pa aMwin ~nd toyetM? wiM wcA Intasat ihali b~ wcw~d bY th~ Wn of tMs n~orp+p~. To p~iA, aommit a wff~r no wat~. imWknw+~t or d~tsrioration of said propaty a any p~rf 1M~wf. S. To p„r all and Nnpular th~.oosi~. ch+rp~s +nd ~xP~a~s. indud'uip a ew~on~ble attorn~y's h~ snd aosri af ~batnctt of tittt, inarnd w p+M st any tia» by uid MORTGJIGEE. baaw~ a in tM w~nt of tM f~ilw~ on the part of tM s+id MORTCsAGOR to duly. Pror^PN~? +nd iv1~Y P~fa~n, d~ch+r9~ ~xsculw tff~d. eanplet~. oomplY with ~nd ab~~ b~? ~ach and w~ry tM atipubta~a. +pne^»^ts. aonditio~a. ~nd aown~n~s of s+W pomiswry no» ~nd tAU Mortp+p~ +n~? w~Uh~r. ~nd sa;d oosM. d+arOw +nd eapeiws, ~ach and ewry, sh+N M Mn+Ndi~Mly dw and payablet wMtIK? or o01 tMr~ b~ notid d~ mand/ ~1N~pt fo aolNct o~ wh p~ndagj and tM foil anawM of ~ach and w+ry ~ PiY~^t aMll b~a~ interest from the d~H Mrrwf unNl p~id at tM r~N of nirw pK caMwn p~r +nwn~t and ail wid odsls. cMrpe+ ~nd expMae~ tnaured a paid. topNMr with wcA inNrwl. ih+ll b~ a~cw~d by tM li~n of Nw maqp~• _ 0. ~Mt (+J In Nr ewm of «+y bnach of thb Mortp+D~ w defwh on the part of th~ MORTGAGOR, a(b) in tM ~wM +nY of uid wen~ of mon~y I~nk~ r~fKnd w b~ eot prompthr ar?d fuly paid within thirty l30) d+Ys next sf»r the iame uvaaily b~carn~ dw ud paysW~, wttAout danand o~ eotke. w(v In flw wi~q wel+ .nd wwy N» sHputsrioeN. +~Mnw^b. aonditiau and aownann of sad pro~nissory na. and tlws morq+p~ +rhr or ~iMa an nol iub. P~PNY +^d ~N P~areNd. diid~uped~ execuqd. ~ffichd. canplN~d. tomplied with and abided by. thM ln eitMr or ~ny wd~ ~wnt tM s~id sg Wg~N su+~ m~nttawd in s~id pramis~ory ~wt~ tMa rsmaininp w?paid, with int~~st aarusd, and all moe~eys wcvrd hereby. shdl b~eorn~ dw aed P+p abb tatltivitl~, w tFwNfta. ~t tM option of said J1AOItTGAGEE. a iv~y a„d oo~kay as H all of tM s+id wms of nan~y vw~~ aipinaly ~tipubted ro b~ paid an wd~ day. +nY~hinp in said promiuay not~ a in ti?is Mortp~ ro t!N oontruy notwithstandinp: and thenepon or thsr~ahu a~ th~ op~ion of ~aid MOR?GAGEE, without noria a dan+nd. avit at la~v or in puity. N~a~fon a tMr~aha bs~un. may b~ pros~svt~d a if all mawys wcvnd Mreby ltad nrfur~d prior f8 ifs k?sfifWioe. 7. TMt in th~ ewnt that a th~ bp6w~in~ of or N ~ny tin~ pMd'mp soy wit upon this Mortyap~, a ro foreclos~ N, a to roform h, w to enfora WY~ d ~ey d~ims M?sw+d~r, wid MORTGA(3EE sMll spply ro rhe Cour~ Iwvi~g jw~sdic+an ~Fxreof fw ~he appor+~m of ~ Rec.i~rer, wch Cowt ~MII (o~tliwilh ~ppoiM s nc~ivp of aaid morfp~d property all and si~puf~r. includup all u~d iugvl~? fhs incane. profits, ksuss ~nd rewnues irom wl+at~wr wwa duiwd. ~+d~ and ~wry of which, N b~Ng ~:pressly unders~ood, is hereby mortgaged as if sp~cifiu{y set forth ~+d daaibed in tM ~antirg ~+d Mba~dum clwws Mreof, and wd~ Reo~iver sh~ll Mw all tM bo~d ~nd effectiw funct~ons and powen in anpwis~ eMrusted b~r a Caxt ro a Reesiva. and wch appoinM~ent shall be m~d~ by wch Cou?t s~ ~n xlmimd equiry and s mana of sbsolute ripht to s+id MORTGAGEE, and wirhout nfersno~ b th~ ~d~qvacy a~sdeq~NCy of tM ralu~ of th~ prbp~rty enort~+9ed or ro tM so~rsncy w insolvency of aaid MORTGAGOR a ths defa+d+nts, ~nd ~Mt wch renn, profin. 4~oom~, hsws and rev~nues sMll b~ appli~d by s~ch ReuivN aaordi~g to tM lien w~quity of sad MORTGAGEE and th~ practin of sucA Court. ' a. To duly. pranpt~y ~nd fvllr parfwm, dhchar~• e:~cute, effM, aompl~te, oomply with and abid~ bp tad~ ~nd wwy th~ stipubtiorn apreements. confitions and oovena+n in said promissory not~ and this mort9+ys set farth. 9 ihat in th~ went the owrrnhip of th~ mortysp~d Premiaa. or aqr pwt thereof, becanea wsted in • p~non otMr than th~ MOltTGAGOR, th~ MORTGAGEE, its wcne»ors snd assi~s, m~r, wirl+out notice w the MORTGAOR, dsal with wch suaessa~ or aious~or in imaest with reference ro tha mortpay~ and th~ delM hareby secwed in th~ ame mam~r as with Mwly~po~ wit?ioul in a~y' way vitiat&g a discMrpirg ,tFr Mortyapors' liability herr undsr or upon tM debt herib~r searred. No s~l~ of ths peemaes hereb~r mortpsy~d and no fwb~arano~ oe th~ part of tM MORTGAGEE a ia suocesson w wiy~» and no extension of th~ tw~ fa the psyma?t- of th~ ~abt Iweby satu~~d Qiwi+ by th~ MORTGAGEE w its wcaawn a auip% shrll opsr~t~ ro nb~se, d~sd+~r~, mo~fy chanp~ or aHecr the origin~l INbi~ity of tM MORTGAGOR haein, eitha in whob a in prrt. 10. k b specificalfy a~ned rhn time is of tM es~enc~ of this oonaracc aod th~t no waiv~r. d any oblcpar'an herwnder or of th~ obtip~tion sr cvnd Mreby ~hall d any tim~ tl~tafNr b~ htld to bt a waiva~ of the tKms henof o1 of th~ instrurt~ent seax~d herby. 11. In addition to the foreyo~g moeNhly paymenb of princ-ql and intenst nquKed by ths promiasory nole secured hereby, mort9apor coraynts and aprees to p~y to mortys~e~ with esch n~onthly payrr~ent ~n add~twMl sun estun~qd by mortp~ to be eqwl b 1/12 of the annwl cost of the folbw- 1/1g; . A-All reat property taxes levied or assessed aysi~ut tl+e sbove deuribed real estate. ~ b-Prcniwms on fire and winds~orm irow~noe a herein req~:red to be urried on the improwmsed sitwte on th~ sbove desaibed premises. C-P~emiums on a4ch nwrt9aye ~uannty inswanoe ss mwtQ+pee sh~ll from time to time deem fit ro urry on tHe loan ~ecvred hereby. Morty~yee sh~ll fro~ time to time notifY mwtg~pw in wirting of th~ sinou~ due and pay~bb herew+der and wd~ wm shall thereupon be du~ and paY~bM on the dw date of th~ next monthlY psYment and each succeasiw month thereaNa ~mtil mo~ty~pee shsll notify mortgayw of • charge in wch I! amount. Such sums sFull be ~pplied by mortysyee ww+rd the p~ymant of nal prope~ty t~xes, iru~xance preeniums, and mwty+ye puaranty irowu~u I premi~. ~ ~ IN WITNE55 WHEREOF, tIK s~id MORIGAGOR h~s hereunro wt his h~nd and seal Hr day and yeu Mt afwwid. ` and ' t pswno~ of: ~ ~ • ~ te.,~ ' ~ ~ ~4 re~.q STATE OF FIORIDA ~ 3t. Lucie ~ cou~m oF ~~,,,u,, Mae E . 6rigga . 8 M~dOM ]C]LiOC w n+. wen k~own a~a known w to b. the indiridw desv~bad in and wfio ~:ecuted tlw fonQoir~y initnwrMM, and adu~owledped befor~ m~ that tl~ ~xea~ted th~ same fw tht purpw~s ~~~v rh...te .xp..s..d. J~itliit - Xi.7tnt z!~! ~r~.~a'~~~,:.;. ~~"-r-"~..~- r- WITNESS m~r Iw+d ~nd offici+l sesl ! d~y of A. D. 19~ ~ Notsry Public,in and fw th~ S t~ Florida ~t lary~ My c~:u~ a ~`a q . = ~ _atg! Retum Ta ~ ~ ` . • . _ . _ w~ F.a...~ s.~~. s~.o.F'I~I.~F~~1D RECOROED 1iAy Goanission Eupires Ns.. 3; 196~ ' of c«r P~.~ST. LUCIE COUNTY. FI,A, r~a+e n e~«~ f~. a e~.irr c~~ ~ Pk*u. Fb.d+ RECORO VERIFIED . - , . ; - : 3. 'ss (j1 - ~ ~r..`::. ~~t°a3'~•-`~•.; :t'~~;~~; PM 3: 35 t:a=~~' . 1969 . ~M, c~,~~a - 14657'i .°.b.' ' ' _ _ iiOG~it ~OI~RAS j":t ;r , r~ ;:1'. C~ERK CIRCUIT COURT ~ ~ : ~ . . ~ . • r. ^ I~~~~~N~~ y . ~ 0 R ~ ~ . . 49 . ~ 3 ~ . doox _ 368 _ - , ~ - - ~ - ~ - - ~ ~ ~~~~r