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HomeMy WebLinkAbout1127 j t . . To plaa and oa+Nmwwly khp on the bviMinp~ eaw a hK~aAa sifwt~ on s~W I~nd a~d on all puipm~~t and p~eso~ally covKrd by Mb rnap~ ~ p~, with ~G prweiwA N~a~a? p~~d in fvll, fin inwrana in tly ~nwl ~und~rd Po1kY fan4, ~n a awn app~owd by th~ MORTGI?GEE. w~d wind~tam f Inwr+no~ M th~ wwl ~und~~d policy forn~ M ~ swe ~p{xov~d by tM MORT<iAGEE. in wch campany w aompaniM a 1M MORTGA(iEE nwy dr~dt w+d al) fln ~nd wind~w.n~ irawana polici~t o~ any of s~id buik!'uq~„ ~ny inhr+st tMnin o~ put tM.~oi. M~he apqrq~~ ~wn afanaid a in ~~oo~s~ Nwn~f. ~hall oa+tain tlM uswl uandud mort~~ daus~ w wd~ aha dau~ ~ tM Matp+p~+ m+Y ?wvin. nwkin0 tM los~ w~ a+id po11~ ciM. iKh ~nd ~wry. WYabl~ lo t~ld MORTGA(3EE ~s ib intKqt mar ~PV~v. and Ntb M+d rwry Wd? poUc~l sl+~ti b~ ptanptl~? ~st~~Md N+d d~liw~ed M aey MW by uW N10RTGAGEE a iwtl+M uowity ro s~id maqay~ debt. ~nd, nw b» tMn Nn il~ d~yt h advuio~ of tM ~apk~tion of wch PaK1?. b dr Uw~ to ~+id MORTGI?GEE •.~wal rFw~~ol. top~~Mr with a nnipt fw tM p«niwn of wch r~rwalj and tMn sMll b~ no fin o~ wind~~am M+sw~ea plaad a+ u~y d Nid buiWinp~. ~+y inta«t t1+K~in a p~rt tl~no% w~ss in tM iwn~'~nd with ~M lou payabl~ u ifa~ids aad h th~ ~wat any swn oi mo~r~y b~oor~ pirabN und~r wch polky o~ polidN aid MORTGAGEE sMll h~w rM option w na~w arn! ~pplr tM s~ an aaowu o1 tlw ind~bt~d~ n~ Ncw~d h~n0y q to p~imit s~id MORTWIGORS b ~eaiw and w~ N o~ ~r~y p~rt thenof _fa otFer pwpous, without thxeb~ waivi~ o~ irnp~N- tnp ~ny puity. li~n or ripht w~d~r w b~r vir~w oi tl~ mortp+pq and in tM ~wM wid MORTG/1GOR5 slwll fw any ~son f~il to k~ep tlw qid pnmiws so ~?.w.a. « t.u a a.i~,.. ~y o~ ot i~w..~+o. a..~d MortTC~?c,~~, « tasi w~atW b wr w~N +~r w«~~ ~h...ta w~.M, nap~q fail b p~rfo~w` d~har~, ~x~wt~. ~ff~cf. oompktt. aon?piy wt~h ~nd aWd~ by thU oova~a+it, a any pan Mrwi, wid MORTGAGEE ns~y plao~ and Wr fw wd+ irrw~nw a~n~r pa~t tl+Kwf without w~lviip or ~tf~CtinO +ery? aWfoil, li~n. p~itY, w ripht w~dN w by virtw of this Mat9ap~. ~nd tM fuN ~nw~N?t oF Nch ~nd wKr MKh pir~M sh~11 b~ w~wmdi~Nly du~ and piyabl~ and shi11 bwr GNU~st iran tM d~b thenof vMU p~3d M th~ r•n ol nie~ p+r antvn+ pK ~miim and topether wirh wd? intNat shiil be s~cwrd by th~ li~e~ of tl~ tnort~p~. 4. To p~iy aon~nil ar svH~r no w+~. ~nt or dN~riw~tion of s~id p~op~rtp a any put tMreof. 5. To pyr all ~nd ~input~ th~.ooa», charp~s and eap~nse~ inctvdinp s r~asan~bt~ ~nwn~y's fe~ and oab of +b~n~cts of tTtl~. b+cwr~d o? paW at .ny tim. by said MORTGAGEE, ~caa~ or In fM ~w~?t of th~ i•iivn an N+~ p~n of rM ssid lNORTGAGOR a dutY. WompMY and fvlM PNfwm, d~acl~+r~ ~xtair~. ~ff~µ oon?Pl~q~ ownply with ~rd abide by ~ad~ M+d wery the stiPul+~ions. +pn~eMnh. ~tiom. u+d aov~naets of said pon?luory noM and t1w +^ap+~ ~nl? o~ ~id+w. and wid oost~, dw~+ ~+d ~xpNws. ~ad+ ~ed ~w~y. sMll immediahly dw ~nd piyaWes wMtl~ w eot tMn b~ notiai d~ m«+d +~nPt to oolt~et a tui~ p~~gl ~nd t!w fvll ~enowN of wch and ~wry wd+ pym~nt sMll bsar ii+te~~ fran t1?~ da~~ ?Iw~of un81 p~id a1 the r~fe Of niM PM CMhM17 PM MMNN~V Y?d aU f~ld Obsif. t~?M~p and lxpMMt kKWhd Of pijd. 10~11Nr wifh tut11 inNtpl, ihiU ~ iKWlt~ by 11N 11M Of t~lii 1110fp~OR a Th.t (a~ tn th..wM of any bn.eh of Mts M«p.p~ or d.favh on Nr p,n of rh. MORtGncoR, w{b) tn th. .wnr .e~r ot ..id .unn of ewn.y M~rin nfund w b~ not prampthr and fuly paid within tF~irty (3Q) d~ys r~.x~ aha ~h. s,m. sere.aiy beco~++. dw and p+r+bk. w~~how ~d.m+„d a norioe. o~ (d in th~ ~wnt ~ad~ and way tM stipulattoro. +~nenwMS. ca~dYiaa ~nd abv~n~nn oi s~~d proini:sory not~ a~d th:i mortpap~ ~r a~itM~ ar~ nol ~+h. W~P~~Y +~d ~M F~?~p~d disclwQed. ~x~a+qd. ~ffitf~rl, tamPl~tal. compli~d with ~nd ~bidad by. tMn i~ ~itMr or aMr such wu+t tM aid a~ prq+t~ sum m~ntia~d in ~aid prpnisswy rwt~ tMn r~maGw~p w~paid. with intenst accrued,, and all mon~ys ~eu~ed hu~by. aMti baeoe~ dw ~nd p~y- ~bl~ fonhwith, a d»~sNa. at the option of said MOR?GAGff, ai fully a,d ranplNey as if ~II of ths said avms of mo~y w~n or'q'uully tttpulated ro b~ paid on such d~y. +^Ythinp said promissory eot~ w in this Morfyspe w tM contrary rwtwithsurdinp: and ther~upon a th~re~hu at tM op~ia+ of ~aid MORTGAGEE. withoul noticr a dem~+d, wif st Inv w in pwry, tl~~fon or therrafier beyu~, may be prossc~tsd as if a!1 ~noneys a~cvr~d h~reby Md auiw~d prio. ro~» tr»fifi,tion. , 7. Thit in 1he waN tMt ~t tM b~ginnirg of or N~ny Yun~ p~ndug aoy wit upon this Mortyape, a to foreclos~ h, w to nform N, o? ro ~nfora i p+yn~eM of aMr claimt Mrew~d~r. s~id MORTGAGEE ihall ~pply w the Coun Mvin~ jw~sd~io~ tl+ereof for th~ ~ppantmen~ of a R~ceivr` s~ Couit sh+ll ~ Fortliw~th sppoint a nttiwr of iaid matp~ped p?op~rty dl and sirg~la?, inclvdu~p sll ~~d iugu4r tM income. profits, bwes and rtvenws frpn what~ve~ w~ra dwiwd. ~+d~ +nd wery of wl+~ch „ beN+p ~xpressly wid~rs~ood. is hereby mwtysged as if spec~fically se1 forth ~nd detcribed in tlr 9rar~tinp and h+b~nd~Mn cl~n~s Iwwi, and :uch Reuiver shall have all tM brwd u~d ~ffectivs fwKt;wn and powers ln ~nywis~ ~mnnted biy a Cowf to ~ Raceivs~, and sud+ sppointn»nt ~11 bs mad~ by wch Court p ~n adrnitted equity and a rrrn.: of absolute right to ssid MORTGAGEE, a?d without refsranc~ ro tM ad~quaty or i?~d~qwty of th~ wlw of th~ property mortya9ed er fo M+e wM.~cy a insolvency of said MORiGAGOR o? the drfendants, and that iuch ra+ti„ profip. lncarr, iuues and rw~nu~s shall b~ ~pplied by such Reuiver saordinp ~o the lien o? puity of wid MORTGAGEE and tM practia of wch CaKt. 6. To duly, prompNy and fulh? P~+iorm. dnd~ry~• exeoute, eHed, complNe, tomPh~ with ~nd abid~ by sach and every? tM stipul~tiora. a~rsemsnq, ~ cond'rtioro and covse.na in said prornissory rar~ snd rhis mor~yspe ~t forth. ~ 9. Th~t M th~ went th~ ownership of tM ~^ort9+p~d Premises, or any put thereof, becanes wsted M a penon otlwr th+n 1M MORTGAGOR. t~+~ f IYIORTG~?C,EE, i~ svcceuas and assi~ns, m~y, without notice to tM MORTGAOR, ded with such waesaw or wttessor in interest with nf~rence ro tha mortyipe ~nd t!w deM herebr secv.sd in rhe sa~ ma?w+a n witb Mortpayw witFww ie My way viriitirg or d~xha?p~np the Mw~q~gors' lisbiliry I+~.a ~ wder or uPon tM debt hereby secwed. No ssle of the prem~ses hercby mor~pa9ed and no fabea~~nce on ihe part of tM.MORTGAGEE or its suocesson ~ or ~ssigra and no exterision of ti~e time fw the paymem of the aebt hereby secured ~ivsn by th~ MORTGAGEE a in wtc~s~ors or ass;pr?~, shall opaah ro rN~ase, d'adwrpt, eno~i'fp ch~+g~ a iffect tFw oriy~t Iwb~l~ry of the MORTGAGOR Mr~iA, either in whok w in p~rt. 10. It is specifically aprod tFa~ time h of the es~enc~ of this contract ~ed tl+~t no w~iver of ~ny oblig~tan Mra~nder or of th~ oblipation sr cund henbp ~MU a~ any tim~ thereah~r b~ held to be ~ wafver d tM terms Mr~of a of tM i~atnnnent s~cvred herby. _ 11. In ~dd~tion to the faago:ng monthly payments of princ'p~) and inte~e~? required by the promiswry nore secured hereby, mortpsgw coven~nts and agrees to psy ro mortyapee with each monthly p~yment an add~rionsl wm est;m~ted by mwtyaye~ to be equal b 1/)2 of the annusl cost of the folbw- irg: A-AU real property tsxes levied a assessed aysinst the above desoribed rea) esqte. 8-Prem'wms on f'a+~ and windsrorm iruwu:ce n herein rsqv~e~d to be urried on tl+s 'anprovema+b sitwte on the sbove described premises. C-?remiums a? urch mortqs~a Suuanry insurance ss mwtg~yee sh~ll from t~me ro time deem fit to cury on the lo~n ~ecvred hereby. i Morty~qee sh~ll from time to time notify matgsyw in writing of the smoum due snd pay~ble hereveder ~od such svm shall ther paYable on d+e due d+te of ths next monthlY psyment and tach successiw month tFKreafte~ until Q1+P°^ ~ due and ~ +mount. Sud~ wms sl+all be ~pplied by mortysyce towsrd the ^10~9+~e sh+ll notify mortgsgw of a change in wch ~ p+yment of real property t~zes, insurance prem:wm, and mortyspe 9uar~nq inwranc~ { P'~"^~• s W WITNESS REOF, th~ s~id MORTGAGOR Fw hereunto aet his hsnd and seal the d~y and year fust aforesaid. Sipr» SwM a deliwr ~ in th~ praenoe of: Y ~ ~ ~ tc.'~ K--n STAiE OF FI,OkIDA ~ , courmr oF St. Lucie s.f«. p..,«„iW ,~.,~a Lonnie Edwarda ~ ; Eddie Belle Quartermen EdWarda ha wife, m. ~,~a ~ w,,,. ~ b. tM ind'iridwb dycribed in and who executed ths forepoirg instrumant, and acknawtedped befon me tAat they executed rhe samt fot tM purposes .~.s..a. ti,a Eddie Belle u~rterman Edwards s~,~~~=t, ! ~r d,...~ _ Lonnie EdWerd l,~,~~~~~~ ~ ex«nination bp n~ taken upKat~ and apart from her s~id Iwsb~nd. adcnovvledged ro and befor~ m~ that sF~e ~~uat~Zai~'~l~um~M..~(~ely.'~i{ volun- t tuily and withovt +rnr wmPulsion, cwatraint. ~PPr~hens~or4 or fear of a fram her s~id f" : - s~ ,r, • . ~ WITNESS my hind ~nd offiwi stal thi: ~y ~ c=: : ~ . . . %~YY',1~~. Notiry Public In ~nd fpr th~Slat! of.~(,or'~ - Retwn Ta My Wnwnisaio~ txpires: 4'~ ~v ~ • i F~nt F~al savinp~ s~oan wssocut~on ECQ(~O~ ~~i.~r) ir R ~ ~ Of fat Pierce. • ~ P~.u. F~.~ ~t~E~~i~ c° ~aiF~EO . I~~r Pusuc, srAh~r ~[nRiNk~tuae~'~ , 5'f .~~CQ .0 i MY COMYISStON EXPIRES_ APR. 24. 1969 ~ d.~'d'~ • 59 ~ . r 2 ~ ~?+46~'7`.~ ~ 1 :~.Ov:.l`~C~`-~ C~VR~ C~-tiRx C f~.~. . , ' BOOK ' ~ ' ° R 149 526 ~ 1~f~. x~ t - _ • - _ ,~r~'~ I. . -