HomeMy WebLinkAbout2949 . ~ y ~I. s ~ ~i
3. Te plact ~d oomYwo~sly kNp on tM buiWinp~ now a Mr~sitK ~ifi+aN on ~aid land snd on ~N ~quip~n~ and pKSOn~~b cownd bY Mb ~norq'
.p., wMh aN pnw~iunK th.non p+id in fu~l. fir~ Imwanc~ in tiw u~wl sa~.d poikY fam. in ~ win +pprowd bY th~ MWtiW?GEE. and wind~wrm
4+iwana M th~ uwal pa+dard polity forn~ in a wm approwd by tM 1NORTGA(iEE. in wd~ coe~pa^Y w comP~^i~ a th~ MORTGAGEE m~y
dirKfj ~nd aN flr~ and wi~a~m imwae~u Paicie~ a+ M1? of said buil~p~, .ny M~~~ Hw~sin or part thc~wf, In tl+~ ayprep+t~ ar~+ afaNaid w
In ~scw tlynof. ~Aall oontain t!r vswl standard mwtya~ clws~ or wch otl~e davs~ ~s tl+~ MorpapN maY nq~+ir~. nwkkp Nr iou w~d~t Nid poli~
cia. Mch wd w~l?. WY+bM b s~ld AhORTGAGEE ~a in intere~t may, app~ar. ud tach ~nd ~very s~d+ policy sMll M P~~Ptly ~ss:~ned u+d dtliwr~d ro
~y h~W by Mld lNOitif3AGEE a fw~lw ~cvritr to wid ma~a~ d~b~. +nd. nw tas tMn hn l10) dap in ~dva+c~ of t1» ~xpiratan of ~ad~ policy. w dr
IivN w NW MORTGAGEE ~ ~«wvwl tMnof. topNhK with • no~ipt for tM p~«~iwn oi wch r~wdi ~nd tMr~ sh+ll b~ ~o fir~ w w'u+du«m i~awuic~
pl~csd on any of sald buiWinpa. sm in~erNt tMran or p+?t tl+awf, unl~s~ io th~ fwm a~d w~~h ~h. loss payabl. as •t«.ss~d: +~d tn ~M •Y«+r anr w~n
of nwerr b~oonNS paYabl~ under wcA polky a polici~s s+id MORTGAGEE sh+ll luw tM op?ion ro naiw ~nd apply tM s+nw on +caount of tM indebt~d-
neu sstwed Iw~by a b p~nnit s+id MORTG/?GORS ro rkeiw and vs~ h a any p~rt tAereof ior othcr pwpwes. withovt the~eb~ waiviig o~ unp+ia
i^4 +^1? ~qu~b. li~n a ~ipht wdw or by vktu~ of Mia morty+pcs and in tM ~vMt wid MORTGAGORS sh~ll (w ~ny nawn f~il to ke~p tM wid pnmises so
Insund. o. f.N a d.l~ P~~MN +~w of s.tid polK~es of iraw.eo. w wkf MORTGAGEE. a ba Pra^PNr ~ Wr fu11y any pr~mium tMrefo~ a M anr
r~sp~tt fail w pafonrl, dhtbarp~. ~x~art~. ~ff~d. canPbl~. oomplY wirh and abid~ by tl?i~ aoweant, or aey P+rt lwrwf. ssid MORTGAGEE n+~y plac~ and
fui ~nwuM of wch and wK1? weh P+1nn~n~W1si~al~l
b~ 'w~i~ned'wtely dw~and~p+y~ibl~ ~+d ~~~bs ? u?aga~ from th~ ~ Nweof unti~l p+'~d h~o1
n~r» p~r oMfwn p~r arwwm and top~ther wnh wd~ k?taat ~l++ll be s~wnd bp th~ I'~ of this n+ortp~e.
4. To p~rmiy oommit a wffu no waata imP+irmuN a deteriontion of ~aid ProPKh?; a+^Y P+?~ ~pf. ~
s
S. To pay ~11 ~r+d sirgutar th~ coat+. ch+rpe+ ~nd exPMaa. iadud'mp a ~eaawbb ~»omey ~ fw x+d oosts of ~bsn~cts of Ntls. inaxred w p~id a~
anv tinrk b~r wid 1MORT(3AGEE, b~c~us~ a in th~ w~nt of tM failun on the put of tM wid MORTGAGOR w duN, pranWh N+d fi+1~Y P~a'^4 ~'~0f9~
.xecvt~, ~fhd. co~p1~N. complY with and ~bid~ by ad+ and wary tM stipulations, p~se.n~nts. conditio~s. a~d oown+nts oi said promissory not~ ~nd this
rnongap~ ~ny or ~idw. and ssid oosts. clMrp~s +^d ~xP~aes• sach ~nd ~wry. ~MII b~ immadiataly dw ud p~yabMt whe~he. or ~w ther~ i» ra~ia d~
m,nd, a»ee~t b aolkct or wit p~rd'ugs +nd tM full ~rnount of ssch aed awry wch p+ym~*d shall bs+. interest from tM dat~ tMteof vnfil p~Id ~t tM
rate of ni~N pK cenhpn pet ann~m; ud all said oosts, ch+r9es ud expenses inw??ad Or p+1d, topetha with tuch ioterat, shall b~ s~wred by th~ liwn of Mb
mo~1~i~~
6. TMt (a~ b the ev~nt of any brtach of tF~ia Mortyap~ w d~f~ult on th~ part of ths MORTGAGOR, or (b) in tM ~vent ~ny of Nid swns of monty
he«in r~f~rnd ro b~ not praepty and fully paid within thirty (30) days aea~ after the same sevaally becan~ dw ~nd payabN. witho~t d~m~nd or notice,
or (c) fn th~ ~vaM ~ach and evKy tAe stipulationt, ~g?sements, condiYans ~nd coven+nts of a~d promtssory note and th~ mo?tp+y~ +ny w atha ~ro na
~uly, promptly and fully p~rtorm~d, d7schsrQed. ezacuted. ~ffected. compl~ted, comptied with and ~bidcd by. tlwn tn eitMr or ~ny svch weM tM aid a~
preyat~ wm m~mia»d in ssid promasory note then rm+aininp unpa~d. with interest acuued, and all maxys secured. her~by, sh+ll beoonK dw and WY
•bl~ forthwi~l~, or tMnafar, N th~ option of seid MORTGAGEE, u fufly and comple~ely as if all of the said wn+s of money vwr~ o~ipirully sripvl~rsd
ro bs p~id on such day, anrMiny h sa+d pomiswry not~ or in thts Mor~y+pe ro tM contr~ry notwi~hst~+dinp: snd thereupon or thsreaftK at tM option of
uid MORiGA(3EE, witho~A ~+otic~ a d~m~nd, svit ~t Isw w in equit~r,-ther~fw~ o~ tharsaha b~pw~, msY b~ prosacvt~d as if ~II mo~eys s~cw~d lwreby
had matu~r~d pior to its iiatitutan.
7. ?h~f i1~ tM ~v~nt thaf at tM bepinninp of or ~f anr tim~ p~ndi~g u+y wit upon this Mwtyaye, a to fa~close H, or to ?eform lt, w ro~nfo~o~
payment d any daims M?s+w~da. s+id MORTGAGEE shall spply to th~ Court havirg ju~isdiction thcreof fw tM ~ppointment of ~ Receiver, such Court sh~ll
Forthwith appoint a nceiwr of si mortysyed property all and sirgular, includu~y all and siopvlar fM incarN, profi», issws and revenves from whatwer
wurce duived, ad~ and ewry ~which, „ txin~ expreuly u~deritood, a hereby ~nwrg+ged u if spec~fically wt fwth and deauil»d in thi ~a~tinp and
habendwn cla~n~s herwf. a~d wch ReceivK sMll fi~ve ~II fhe broad ~nd effectiw f~nct~o~n and powcn in anywise entrusted by a Coun tp a Reoeiver, and
t~ch sppointm~nt sh~ll M rnade by wch Cowt ~s an admined equity ~nd a rn~tter of ~bsolut~ riqht to s+id MORiGAGEf, ~nd without nferenu to th~ ~
adpu~cy ar in~dsqu~cy of th~ vslue of tl+~ property mw~ysyed or to the wwva+cy a insolvency oi said MORTGAGOR a the defendants, snd that wch
renrs, profits, inc~ome, issws and revenws sh~ll be spptied by such Receiva~ accordinp to th~ lien or puity of said MORTGAGEE and th~ practiu of such
Co~rt. ~
8. To duly, promptty u+d fully parfum, discharya, execute, eff~ct, complete, oomply with snd abide by ~ad~ ~nd tvery the stipvlatw% ayrwmsnts• 4
conditions and ooveeants in said promissory ~ote and this mortyaQe set farth. ' i
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9. Tiwt In th~ wem ths ownenhip of ihe mort9sped Prem7ses. w ~nY P+A ti+enof, becanes v~st~d in a perwn otFier fMn th~ MORTGAGOR, th~ j
MORTGAGEE, Ns woces~as ae~d auipna, m+y, wirhan notica to the MORTGAOR, deal with such wcuuor w tuoc~saw ia intaat with r~ferMp to this t
mortflap~ ~nd tM debt her~blr sacw~d in th* san+e marr+er as with Mwtg~pw w~Nw~t in any w~y vitiatinp a diacFyrpirg the Morty+~ws' (i~bility herr ~
under w upoi~ th~ d~bt hereby secured. No sale of the premises hereby matgsged ~nd no forb~anna a+ th~ p~rt of the MORTGAGEE a it~ sua~esson
or auiyro and no extension of ths time fa the payment of the deW he~eby secured 9iver? by ihe MORiG/IGEE w its sucussors w assiyns. ahall oper~» ~
ro r~leas~, fiiuh~rp~, modify dwnge or affed tt+e wiginal liability of the MORTGAGOR herein, eitMr in whole w in part.
10. It is ~pecifkally apreed that fime is of the euence of thtt oontrtct ~nd th~1 no waiver of ar+y obliysYan hereunder a of tM obliy~tion sr ~
rured he~eby ~MII at any tim~ thersafi~r be heW to be + waiver of tM terms hereof w of th~ inst?ument secvred harby. !
11. ln additio~ to the fwego:ng monthfy psyments of princ'pal and interest reqvired by the promiuory note secured hc?eby, morty+gor tow~aels ;
and ayrses to psy to mortyayee with each monthly payment an sddirionsl sum estimsted by mortgaQee ro be eqwl b 1/12 of the annual cost of tM fdlow• '
ing: - ~
A-All real, property taxes levied w assessed against the above described real estate. t
B-Premiums on fire and windstorm inwrsnce as herein requ~ted to be carried on the improvements sitwte on ths above dtsvibed premi~es. !
C-Premiwns on svch mort9age 9wranry imunr~ce u mut8sgee shall from time ro time deem fiit to u~ry on ths !wn ~ecvred hereby. !
i Mortqayee shall from time to time notify mwtgagor in writing of the amount due snd paysbk hereunder ~nd suth sum shall thercupon b~ due and ~
~ payable on the due date of the next monthly payrrxm and each succ~sive month thereefter urtil mortgsgee shall ratify moNgagw of a chsnge in such i
~ amovnt. Such suma ahall be spplied by mortgsgee toward the payment of rsal propsrty taxcs, inwruxe prem:umt, and mort~sye gusraMy inwance ~
i {
E premiums. :
~ IN WITNE55 WHEREOF, the said MORTGAGOR hss hereunto set his hand and seal the day ~nd year fint ~fores+id. i
Sea and ed in the presence of:
~ n
~ ~n
STATE OF FLORIOA 1
COUNTY OF S.~.. ! ~
Lur.ie ~
gef~ „w ~~,~,~~y ,pp~,~~ C=g a t en V s~ ~ h on ~nd ~
$ i t A (`a... V A Chen ha wife, to me well known and known to me to b~
the indivtdwb desu~ed in and who executed ths foreyoirg instrurr~nt, and adcnowled~ed befo?e rrN that tMy ~xecuted the sams fa the purposes ,
therein ~xp~~ed. Ard tht taiJ Rita C Vaehon
w;f, of ti,. .,d Qaston Vachon - .,.p,..~..~a ~.a
examinaYron by me tsken teparate uid apart from her s+id husb~nd, adcrwwledged to +nd befote mt that she exearted ~aid irotrument freely ~nd voluo-
rariiy and witfwu~ ~ny compvlsion, cwutraint, appreheruioq„~br fear of a ftan hu s~id M+sband. ~
WfTNESS my Mnd and offitial seal this ~ d~y of A. D. 19~]~2. ;
t
V fILED AND -
~ ST. LUCIE rOUNTY. ° P~K .~a f« ths Ststs of Fbrida at larp~
~ Retum Ta. RECORD VERIFIE9 ~ ~
~ Fint f~dKal Savirys ~ loan Astodation ~ NOtery p1,~bNC, ltaM Of AO?W~ at LB~e
Of Fort PKrc~~::~,:t~~ C pu . My Commission Expires Aug. 6, 1967
wn Pis~«._ FIc~E~ ij ~ J f 19 3• Bonded By Am~riun Surety Co. of N. Y.
o Jy~,........,. ~ ; "
~ 14`76~
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r'"~• v ROGE_P. "r01TRAS
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~;'~~~Q ~r : ~ . . ELERK CIRCUIT C~UR'f
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