HomeMy WebLinkAbout1567 S. To plaa ~nd oontiiwo~sly ke~p on ~h~ buildinps now a herc+hK ~ituan on s~~d l~nd uw~ on ~II equipe~? and p~.sonally cora~d by tAii mo.+~
ep~, with al) pr~mivms thena? paid in fu11, fin insv~anc~ in the us~al srandard policy form, in • ium app~owd by tM MORTGAGEE. ~r?d winditwm
tnsw~na in th~ uswi u~ndard policy fa~, in ~ ~un+ spproved by d+e MOkTGAGEE, in wch camp+oy or compania a~he MORTGAGfE may
dtr~ctj ~ ~II fin and windsarm i~auano~ policie~ on ~ny of ~aid buiW'enp~, iny inl~rpt 1hHein o~ put therwf, in ~h~ a~reyu~ wm ~fons~id or
M ucpq tF~~of, ahall conqin tFw vwal q~ndard mor?ya9e~ clws~ a iuch aMr d~u~ u tM Mortys~ may rpuu~. makinp tM loss under said pol4
ciN. ~ch ant! ~w~y. p~Y~bl~ a s~id MORTGAGEE u ia interest miY ~pp~v, and ~ach and ~wry such po7icy ~lull bt prompqy au:pned u+d delivered ~o
~ny ANd by uid AIIpRTGAGEE a furth~r secv~iry to uid mony~q+ debt, snd, nw I~ss ~hu? ~~n (10) days in advaRCe of ti+~ ~xpir~tion of ~ach policy, ro dr
IivN ro s~id NIORTGAGEE ~ ~a»wal th~hof. IopelMr with a ratapt fo? tM pnmium ot such renewalj and thK~ thall b~ no (ire o~ windsrwm ins~ranc~
ptaad on M+y of saW bvildinp~, ~ny interNt ths~ein a p~~t ~Mreof, vnku in tM fo?m a~d with ~M loas pay~ble ai ~fwesaidj and in tM event ~ny wm
04 mwwy becnrn~~ p~yablt w~ wch polky o? pol;~;K M;d /y~pRTGAGEE sMll hav~ tM option to receive ~nd apply tM same on accouM of the indebted~
nsu pcw~d 1~~ a 1o ptrmit s+id MORTGAGORS to npiw and us~ it a any pa~t thereof for o~her purposes, witiwut Ihereb~ waivi~ig p unpair-
~np +ny puity, li~n or ripht under « Sy virtw of this mort~~e; ~nd i~ tM ~vent said MORTGAGORS shsll fw ~ny ~eason i~il to keep ~he uid premiies io
insured, p fall W dNivai promptly any of said polici~s of ir?ivrance ro said MORTGAGEE, p fail prcmptly to p~y futly tny premium therefw w en any
resp~ct faJl b p~wen, dixha~y~, exscut~, ~ffM, complets, comply wirh +nd abide by this covenant, or any par~ hsreof, said MORTGAGEE may p1~ce +nd
P+Y fa wd~ i~awanct a ~ny put tM.~of witlw~t w~hrirg ot affectinp anY option, li~n, puity, o? ripht unda or by vinw of this Mortqa~, and tl+t
fu11 amowN of each and twry such p~ym~nt sMll b~ imme~iiatefy dw and psyabb ~nd shall bear intera~t from th~ dat~ thereof ~ntil paid at th~ rat~ ol t
nir,~ pp pnfum pK amum and topether with wch interest shatl be secv~ed by the 1'ien of this mort~ye.
1. To ptrmit, coenrnit or wffK no wut~, impiirment w deteraratiwi of Nid properry w ~ny put thcreof.
S. To p~y ~II and sinp~l~r tM coat~ cMrpes ~nd expense~, includinp •?easonsble ~ltorney's fee s~d costs of ~bstracts of title, incurred or p~id st
~~Y fim~ by sa~d MORTGAGEE, becaus~ or in tl+~ twnt of ths failwe on the put of fhe said MORTGAGOR to duly, promptly and fully pe~fwm, discha~,
•xecut~, ~ffect. oomplet~. compy with and ~b~de by ~ath and every the itipulatioos, ~greements, conditio~s, ~nd oownann oi said promisswy note and ihw .
mony+p~ aiy or ei~he~. and said oosts„ chu~ and expenses, csch and ~very. iMtt 6~ immaaiately due and pay~bltt whethe~ or oot ~here b~ ratKS dr ~
m~^d~ +tt~npt to tdlest w svit p~e~linyj ud th~ fvll smo~nt of each and waty such paymem ih~ll baar intere~f from the date the~eof until p~id ~t tM ~
rate of nieK per pMwn per ~nwm; and said cosn, ~iyr~es ~nd exp~nses incurred or p~id, togdher wiih :uch intsr~at, tt?~II be tecvred by th~ iis~ of tAu
b. That (a) t1,~ ~veof of any bread~ of this Mortyay~ or default on ~M part of the MORTGAGOR, w(b) in tM ewnt ~ny of ~sid sums of mooer ~
herein nfwt~d to M not promptly aed fvlly psid within thirty (30) days next ~fter the ssme severally becaoe due and payable. W11F10Y1 1~lrtN11d OI lqfltf, +
or (c) tn th~ ~wnf ~ach u~d ~v~ry tlr~ stipulations, ~gresments, conditions ard cown~nts of sa7d promiuory not~ snd this mortyape ~ny o~ either ue nol
iuty, aon~ty ,~d h,iN p..to.~,,.d, d~rped, execured, ~ffected, compl~tad, complied with ~nd abided by, then in ~ither or any such ~vent tM iaid ag
~reyat~ wm m~ntio~ad in said promiuory ncte then remsininp unpaid. with inte?est ~cuued. and all rtaneys sac~red. hereby. shall becoms dw and pap
•bl~ forthwitly p thsrssfter, ~t the option of said MORTGAGEE, ss fully ~rd completely ~s if •1) of ~he said wms of mo~ey were wipinally stipulat~d
to be paid on wd~ d~y, ~nythinp in sa;d promissory rqte or tn this Mort9sye to the contr~ry notwithst~ndiny: and tt+ereupon w thereafter at the option of
uid MORTGAGEE, without eotiu w demu~d, wit at law or in equity, therefae or thereafter begun, nNy b~ prowcuqd u if all ma~eys s~cw~d her~by
iud m~hK~d prior to in iroritwan. , .
7. TMt tn th~ ~vent thst at the beginn6g of w ~t sny time pe~?ding ~ny suit upoe ti~is Mwt9spe, or tp fpreclose H, er to reform it, w to eafor~o~
WY~*?f ~ any daims AKSU~der, said MpRTGAGfE shaN ~pply ro the Court having jwisd'+ctio~ thtreof fw tM appointment of ~ Receiver, wch toun shall
fwthwith appoint a nteiw~ of sai~ nwrt9ayed prpperty all and singular. includmg all and tingvtsr the incorn~. profits, iuues and revenues from whatever
wuru dniwd, each ~nd ~vNy q# wh;~h, it beinp expreuty understood, is hereby mongaged ~s if spec~ficatly set fath and dewibed M tl+e ~~antinp and
h+b~ndwn d+wes hereof. ~nd such Rec~iwr thdl Mve ~II the broad and effettive funct~ons and powers in anywise entrusted by a Court tQ a Reteiver, and
•uch ~ppointm~nt shall b~ m~d~ by wth CouA as sn admittrd equity snd s r~»tter of ~bsolute right ro said AhORTGAGEE, ~~d without refe?ence to tM
edequ~cy or toad~qwcy of ths wt~e of rhe prope.ty mo.rgaged or to the so~vency a Lnwlve~cy of s~id MORTGAGOR a tAe defendann, and that such
renr~, pro(~y, i~,p~, ~y~ ~ ~~~s ~ha~~ be ~pp~;ed by such Receirer accordinp to the lien or equity ef iaid ~MORTGAGEE and the practic~ of tuch
CouA. .
& To dvly. prompty and fulh perferm, dtscha-ye. execute, effes?. cornplete, eomply vrith ar~d abide by each and every tFw stipulations, ~pre~men»,
conditiom ~nd covenanq ;n s~;d promts~ory eate and ~his rtwrtgage set fath. ~
9. That In tM ownt the ownership of the mo~tgayed premises, or ariy part thcreof, becomes vested in • perwn other tFNn the MORTGAGOR, ths
MORTGAGEE, its avcoessws and ~ui9ro, msy, withovt notice to the NtORTGAOR, deal with such succsssw w p?cc~stor in interest with refererKe to thia
mort9~ ~ the dept M?eby secured in iha sarrb msnne~ as wi~h Mwtgagw without in ~ny way vitiatinp p dixMrying tF~e Morty~gors' liability hert
under or upon tM debt h~reby secu.ed. No aale oi the premises hereby mortgaged and no fabearancs on the part of th~ MORTGAGEE or it~ successws
or suepro and no extension of the time fw the payment of the debt hereby sccured piven by the MORTGAGEE a iri- successors or ~uigns, shsll operab
to roleat~. dixhar~e, modiFy ciyngt p ~ffect the original liability of the MORiGAGOR herei~, either in whole w in pa~t.
IQ It is speclfically ayreed that fime is of the esunce of this contract and that no wsiver of any obliyatan hereunder or of the obliy~tion se-
cured h~rcby fh~Il ~f afly flrtle fAlfNNK I?R IIlW f0 bE • Wa1VN Of tI1Q 1NIlIf hersof a of the instrument secured herby.
11. In add',tion to the fwego:ng monthly payments of princ'pal and interest reqvired by the promissory note tecwed hereby, mortgagor covenants
and aqraes to pay to mortgs~ee with each monthly payment an additional sum estimated by mwtga9ee to 6e equal ro 1/12 of tht annual cost of the follow-
i n9:
A-Al) real property taxes kvied or assessed agai~st the above dcscribed real estatc.
8-Premivms on fire and windstorm i~nura~ce as herein requ~red to be carried on the imp~ovements situate on the above desuibed premites. ~
C-Premiums o~ suc}~ rnorfgag~ gu~ranly insurance as mwtgsgee shall from t~me to time deem fit to urry on ~he ban secured hereby.
Mortgagee shall from time to tirn~ notify mwtgagor in writirg of the smount due and payable he~eunder and such sum shall thereupcx~ be dve and
pay~bk on tl~e due date of the next monthly paymem and each succeuive month thereafte~ ur.til mortgagee shall notify mortgagw of a change in such
emount. Such sums shall be applied by mortgagee toward the payment of resl property taxes, iosura~ce p?em:ums. +nd mortgage guaranty insurance
p~emium~.
I WITNESS WHE the pid MORTGAGOR has hereunto set his hand and seal the day and ear first aforesaid. ~
I~d in the preaence of: ~
x /',4 6 ~ ,~4 % ~1 lfv~~~d ~
~ o
~:n
- ~o
STATE OF FLORIDA ~ :
' courmr oF _ St. Lucie 5"S' :
~
! e.~o.. m. ~«~.n,,.~°°.~a Pablo Lezu Nevarro ~
~ A~t18 8 Na ve rro his wife, to me well known and known to me to be
~ the indmdwb desuibed in and who exeaned the fo~eyoin~ instrument, and adcnowled9ed before me that they executed the same for tha pwposes
< •=o•~. ~,a H» AAne s Ne ve rro
f wi?e of tM sa7d _ PBblo L82II N8v82'x`O - upon ~ ~nd prn,at~
~ examin~tio~ by me taken sepante +~d apsrt from her said husband, ackrawledged to and before me that the executed said i ~llr: and vol~n- '
i tarily and withovt sny compulsioo, cau?nint, a j
i PP~eher?sion, w fsu of w from her said husband. 1/.:...: ~
WfTNE55 my hand and official seal eh:: ~ .~:.D..1R . 66
! - r..~`•.•!::
v~
'
Notary btic io and for the ~tdl. ~ ~ pt_
Retwn Ta. . My missan expirea: - ~ ~ ~ ~ . cn - .
~r r~ ~'~S _
Finf F~de?~) Ssvin~s ~ losn As~otiation :
FILED AND RECORDED : ` N ;
a';~~t~_<'• C ,
Of Forf P~erce. ST, LUCIE COUNTY. FLA. . Q
Fwt v~ce. F~«~da RECORD 1/ERIFIEO ~-~D~::;' .,•1.
~ ;
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~ '~6 ,!J! I 5 PM ~ : 03
146~31
=~c~c:._~ :-o,~ac,s
CIERK CIRCUtT COURT
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