HomeMy WebLinkAbout1020 To plaq and tonNm+ouslY kNP on 1M buildinps now o~ F?K~~ft~r s~w~~~ on sa~d land and on dl puipment and pNwnally covend by Mia mat~
~p~, wt~h ~II pr~miwrl~ thawn p+~d in lvlb iin G?suru~c~ in ~h~ uswl s~a+dud policy form, ~n a iwn app~owd~~MORf ~GE~R ~y
iraw~nq fn tFw uwal ~qndud policy fan~, M a wm +pprowd by ~M MORTGAGEE: in s~ch companY
du~ctt ~nd all fin a?d w~wrm Faswutic~ polKia oo aey of aid bvild~npa„ ~ny inMnst tM.~ir1 W pNt tI1MMI, in tM apy~e~a~ swn afa~sa~d w
In aco~p ~hKwf, sh+ll cont~in tM wwl sqncud mwt9apN ciau~ a wch ahu cl~~ ~s tM Morty+pM n?+Y req~in. ~u~f~p tM bu ~nd~+ s+id polF
ciw ~+d~ and wKY. wrsbN eo aid MORTGAGEE a in ief~~~it msy ~ppaa~. and each ~nd tw.Y ~~ch Policy ~hall b~ WanWh +ss:9eed and d~livKed to
~nr Mtd by said MORTGAGEE a fwtha Hcvrity ro s+ld matpay~ dsbt. and. not I~s~ tMn t~n t10) dayt in +dwa+a oi tM ~xpk~tion oi ~ad~ policy. to de
liwr ro wid JKORTGAGEE a r~w~l tMnof, top~tMr with a nu~pt f« ~M pemiwn of wch ~~rnwalj and tha~ ihall b~ no fin a windi~am inw~~nc~
pl~ad on any of uid boildugs. ~ny MtN~at tMr~in a put tMnof, w?I~u ie ~M fwni and with tl+~ !ws p~yabl~ u~for~saidj and tn tM ~vent any t~m
of nwe~y beaer~ p+Y+~ ~ P~M? P~'~'~ w'd ~TGAGEE sMll haw tM optian ro r~eeiw u+d appl~r tM s+rn~ oa aaoum o~ tM ind~bted~
n~u s.cvnd I~u~by w a p~rmi~ ~+d MORTGAGORS ro reaiw and we tt a•ny pa?~ therwf fa o~he~ purposes. wiihour thereb~ wai~i~y o. ~mpair•
ieg ~nY pu;ty. li~n w ripht w~ds~ or by virtw ol thb mortp+pes +~d N tM ~wnt said MORTGAGORS sMit (a ~ny r~ason faii to keK. tM aid 1x~mises so
in~vrtd, o~ f~il b d~liwr pomptly aMr of s~id policla ot in~unna fo s~id MORTGAGEE, o~ iait p?omptly to p~y fully any pKnium tlwr~fp w fn anY
r~sp~ct fail b p~rtom4, d'iscMrye. ~z~cva, tff~ct, oonK?IN~, oompy with and ~bid~ by this cow~?an6 a~~Y Wrt I+K~of, aid MORTGAGEE may plm +nd
par for wch inawanc~ w any put 1Mreof without w~tvinp ar aff~cfinp option. IN~. ~qv+~Y. a ripht undN a by virtw ot this Matpap~. and tk~
full «nounl of ~ad~ and ~wry wch p+ym~nt sb+ll b~ imm~di+Nly dw and p~Y~bN +nd sh~ll au in»rat from tM d~» ther~of uotll paW M tM ra» ol
nin~ pM antwn p~r ~rrwm ~nd toyNher witA sucA intetNt sl?~il be s~tw~d by 1M li~n of this Inwt9+p~-
1. To pKmit, oon+mh or wff~ no wat~. Mnp~kment w detaior~tan of ~id p?opaty o~ ~ny put tF~~of.
S. To pay ~11 ~+d sinpular tM ~ooats, cMrpa and exp~nws, includinp a nasonabl~ anwney's fe~ and oosn of ~bstr~cfs of titl~. M~cwred w paid st ~
any tim~ b~r said MORTGAGEE, b~cau~ a in th~ twnt of the f~iiws on the pKt of tM uid N10RTGAGOR w duly. promPtly and fully pa(orm, d~uhargR
ex~cut~. ~ffKf. oompl~q, aomPM wi~h and abid~ b~l ~ach a+d svery tM sNpuia~io~a. +0?eements. condi~ions. •nd eown+nn of said promiuory na~ aed ~hu
n,o~tp+p~ ~nY o~ ~itha. and said cos~s. chuye~ ~nd ~xperws, ~ach and ewry. ah+ll b~ irnmediately dw and payabl~t whaMr a ~+ot tMr~ be aorici d~ ,
~nand, ~tqmpt tp epllrct p svit p~!'inp~ ud th~ ivll arnount of ~ath and ~wrY sucb WYm~nt sh+ll besr interqt from IM date tMreof u~til p~id at tl?~ :
rate of nin~ pt~ cMMn pK arrwm: +nd +11 said cdsn, ch+rpes +nd cxpens~s tncwnd or p+id, top~tl~ with wch int~rpt, ah~ll b~ wcur~d by tM li~n of tiw i
~p+~ ~
0. 7Mf (a~ In fh~ w~nt of any breach of this MortQap~ o? dsfault on the p~rF of tM MORTGAGOR, w(b) in tM ~vent any of a~id swns of mon~y
Mnin nfKr~d w b~ not pranptryr a~d fvlly p~id w~thin thi~ty (30) days next ~ftsr tl+~ s+rne severally become dw and psyable, withovt d~m~nd o~ notice.
or h tM ~w4t esch and ~vNy th~ stipulatiaw a9rNnwnn. conditans a~+d cov~n+nts of s+id promis:ory na~ snd thw mortp+~ ~ny a ~ith~r are no1
luly. prainptl~r ~nd fuly pKfwmsd. disch~rped. ~xecuted, dfected, completed, compli~d with ~nd sbided by, then in ~itM~ or ~ny s~ch wa+t tlw said a¢
pra~ab wm m~ntioMd in s+id promissory oot~ tMe~ ~an~inin0 unP+id, wiM imer~st acaued. and all ma+sys wcvrsd her~by. shall bacom~ dw and P+Y-
abt~ iwthwith, or thenafNr, at t!~ oprion of said MORTGAGEE, u fulty ~rd canpl~~ely ~s if ~II of rhe said sums of mon~y wer~ orginally stipulared !
to b~ p~;d p~ wch day, a~ythinp in said promiswry not~ a in this Nlonpape to tM contwry notwithsqndinp: snd the?e~pon or thereafter ~t th~ optan of
said MORTGAGEE. without ootic~ a d~m~nd, wit ~t la~r or in puity, therefwe or Mereafter be9un, may be prosecvted as if all moneys s~wnd hertby
Md nNturtl~ pfi0r 10 it~ inftitution.
7. Th~t in tl» ~vent th~t ~t the beginnirg of a st sny tim~ peadiny ~oy wit upon this Mwtgape, o~ to faeclos~ it, or to roform it, a fo enforc~
p~ymeM of u~y diueK hereunde~. iaid MORTGAGEE shall ~pply to the Court hav'ag jurisdiction thereof fa ths ~ppo~~tme~t of a Receiver. svch Co~+i~ sh~ll
Forfliwith sppoint ~ receive~ of said mortpaped propaty sII ~nd sinpuln. inciud~np ~II and ti~gul~r the incoms, profits, lssues +nd revenues from wMtsver
wvro~ dsriwd, ~sd~ snd every of which, it be~rg expressfy unders~ood, is I+ereby ma~yaged u if specificatly set fath snd desuibed in fl~t y.amirp and
Mb~ndwn davu~ h~reof, ~nd such Reuiver shall !ww all ths broad and effectiw fvnct~o~s u~d powcn in anywiss entrusted by a Coun to a Recsiver. ~nd
sucA appointment ~l+sll be n~de by wcA Cowt u ~n ~dmined eqvity and a rn~tter ot ~Esolvte ripht to s+id MORTGAGEE, u~d witFw~t refcrence ro tFw
adpu~cy or in~dtqu~ty o} tht vatw of tM prbperty maty+~~d w to tM wnrency or insolvency o( s~id MORTGAGOR a ~iw defendants, ~nd that wch
rentt„ profits, inoome, iuun and r~venuss ~hal1 bs ~pplied by such Receiver accordinp to ths lie~ or puity of uid MORTGAGEE and tM practiu of wch
C,owf. -
8. To dvly. Pr«~ry a~d fi,~y P..to.m, dachary~, execute, eHed, con~lete, comptY with and abid~ by each and w~ry ths stipulatioos, ~yreemems,
co~d'diom and ow~nn in wid pramissory not~ and ~his matysye set fwrh.
9. ~hst in tM went tM ownership of tl+~ mortysyed premises, or any paN thereof, becomes vested in ~ p~rwn other th~n the MORTGAGOR, tl+~ ~
MORTGAGEE, its wccessors +nd uii~ro, may, wi~houJ notice to the N~ORTGAOR, dcal with such waeuor w wcuuor in ie+terest with rsfe~ence to this
mortp~pt and the debl h~tcby sccwed in tM ssme mame~ as with Mwt~apo~ witlaut in ~ny way vitiatinp w disth~ryirq ths Mwtyagors' li~bilify h~r?
under or upo~ tM debt hcreby secvred. No ssle of the premises hcreby mortysged and no forbearance on the put of the MORTGAGEE a its successon i
w auigm and ra e:te~sion of the time for tM p+yment of the t~ebt hareby secvred yiven by the MORTGAGEE or iri succeuws or atsipra, sh~ll operat~ [
ro rdeae, d~xMry~• modify ch+nge w affect th~ wiy'uul li~biliry of tlK MORTGAGOR F~rein, eithsr in whob w in put. 1
10. It i~ specif'~cally agreed tMt time is of tM essence of this coMract ~nd th~t ~o w+ivs~ of ~ny obli~at~on Mrevnde? or of ths oblipation ~r
cvrd hereby shall at ~ny time tF~ereaher b~ held to be ~ waiver of the terma hEreof or of the instrument secured herby.
11. In sddition ro the forego:ng ma+thly payments of princ:p,l ~nd i~terest required by the p~om~ssory no~e iecwed hereby, mortpsgw covenants
and pre~s to p+y to mwtgsgee with esch monthlY paYment a~ add~~ional aum estimated by mort~agee to be equal to 1/12 of the ann~sl cost of the fdlow-
ing: ~
A-All real property taxes levied or sssessed apainst the sbove described real estate.
d-Premwms on iire and windstorm ins~rance as herein requ~red to be urried on the improvemenri sitwte on the above desuibed premises.
C-Premwms on s~th mwt9+ge 9wr~nty insw~nte u mw~gagee shsll from t~me to time deem f~t to csrry on the loan seaired hereby.
INortgagee shall from time to time notify rtangsgw in writirg of the amount dve and pay~bk hereu~der and sud+ wm shaU thereupon be due ~nd
' payabla on the due date of the next monthly payment and exh successive month thereafter ~ntil mortgagee shsll notify mortgsgor of a change in wch
i amounf. Such sums shall be applied by mortyspee towsrd the payment of real property tsxes, insurante prem: and mort9aye 9uaranty inwr~nu
E pre~niums. ~
~ IN WITNE55 WHEREOF, the s+id MORTGAGOR has he~evmo set his hand ~nd sesl the day and ye~r fint fore~aid. '
~ led and de iwnd in th~ pes~ncs of: . ~
- - ts.'q ~
t
TE Of fIORIDA ( ~
~a,~ ~ St. Lucie f ~
lefa,. n,. pe~,au~W ,pp.,,.d A. He rr~ eLa rtv ,nd
Juenits L. McLarty h;, w~r~, ro,~,. „v~n k„own ,~a w,ow„ b.
the te~vidwb desvibsd in and who ~:ecwed the faeparg instrvmant, and ~cknowledped before me tMt they ~xea,ted ti~e same. ~~~~yr~oa~s
.~p..,,.~, n„e „~a Juanite L. McLa~'ty ~~r~~~~,;,..:
wifs ot tM w1d A. xerry McLerty
ex~min~tioo by me ta4en stp+wb and apart from F~er taid husb~nd, sdcnowiedped ro and befwe me tMt sM execut~d ssid ;N~SdiMn~~a e~ pr~.
rarily and witho~A uqr compulsion, comtraint, apprehension, or feu of a from Mr wid Fwsband.
F•..~,
WRNESS my haed and offici~l ~eal this 211C~ day of u ~U: 1~ ~
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Notsry P bl'K in and fw the State of flotid~t'1y~...•~•.• ~
~ My Commiuion ~apirta: D' ~ ~ '
L,Ep QNU RECORDED '•',-f ` S'
FIff1 F!dlfa~ .SiVIf1~f ~ ~WI1 ~iOCI~ . • .Iw.. :r. • ~....Y MI~Ji~J~:~ i+.:~+~.'
Of Fort Pierce. ~ RECORD VERIf E0~• C011~~'0° E"~
Forr P~e.ce. F~or~d~ ~..dd b ~••~K.. rw a c+n.~r ea
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'66 JUl 5 PM 2: 3 0
i4ss04
i;t):,t_i~: F~OITF~S
CLERK CIRCUIT COURT ~
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BooK 149 419 , . . . . I
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