HomeMy WebLinkAbout0421 . s f . e
To pl~u a~d oontin~ou~ly ka~p on ~h~ bulidinps now a hersahK ~i~u~~~ on said la~d ~nd on ~11 ~ipmeM ~nd p~nonsty oowr~d by Mis narp~
y~, with ~11 pnmiwns ti?Keon p~id in ivit, fIn .insu~anc~ in the vtwl u~nda~d polky fan~, in ~ twn ~pprowd by tlw MORTWIGEE. and wlnd~tone
tnsur.na {n tM uwal sr+ndard pol~cy tam. in • ium ~pproved by tM MORTGAGEE. in wch company a companNs as th~ MORTGA~iEE nwy t
t~itKfJ +nd all f(n u~d winibwrm inwr~e~a policws on u?y of wid 6uild~nps, ~ny tntfnst tkerein or put tM~~of. in the app~p~N wm ~fa~id a
In ~xce~ tl~~of, shall contain tM uswl st~nd~?d monpayN ciws~ a iuch otM~ d+uw ~s tiw Mwtp~ m~y hqv;rt, ~kG+p Iln tost w~d~r ssid poli~
ciy, tach and ~vKy. p~Y~pl~ b s~td MORTGAGEE a ib in~eresl maY app~ar. a~d each and ~wry ~vcA poliry ~II b~ promptly ass:~n~d and dNivK~d to
any Mid py s~id MORiGAGEf a fwtha kcwity ro saM mo.tpayr~ d~b~, and, oot I~ss ~han t~n ~10) days in advaop of th~ ~xpir~tion of ~ach policy. to d?
~~~a to ~aW MORTGAGEE a?entwal tFw~~of, wp~tl+K with a rec~~pt for tM pr~miwn of t~ch ra»walj and ~Fw~ shsll b~ no fin o+ wiadstorm Inwwnc~
plac~d on M+y of ~aid bvildinps, ~ny int~?~st tMn+n or p~N theno~, unless in rir fo.m and with tM bss payabl~ a~ ~fonsatd~ and ln tM ~wnt ~ny swn
of mon~y becprnc~ pny~ v~+d~r wch po1Ky a pol;ciss w;d MpRTGAGEE shall h~w th~ option ro reo~iw u~d apply 1M a~m~ on sccow+l of the ind~bt~
nes• ~scw~d h~r~by or ~o pKmi~ ~id MpRTGAGORS ro reuiv~ and us~ U o? ~~y part thereoi fw othe~ pwposes, without thereb~ waivinp or impak-
ir,y ~nY pu;tr. Ii~n or riQht vods~ or by virtw of this morrpapsr and in tM went s~id MORTGAGORS sMll fa arry r~ason f~tl ro kKp tM saW pNnius w
tnsur~d. a fdl w d~liver Pf0~11P~N ~11y pf Si{II PplKitf OI iM4f~fK~ iJ N~ MORTGAGEE. w f+~~ ao~?tM ro P.r fi,ih ~ny premium Nw~for a h+ny
rrsp.ct fail a pwiorm, disclwp~. ~x~cut~. ~ff~cf, con?Pl~ta ca^dY wiih and abid~ by rha aove+Wnt. o. a~y pi?t ha~oi, s~ld AAORTGAGEE nwy plaa ~nd
P+Y fa ~ hawano? w any pat tMnof without waivieg or ~ff~dinp u?Y optiwy (i~n, pvity, a riqht vndK or by rirtw of this Matq~p~. and tM ~
fu11 amount of Nch and ~wry wcA piynwnt sMil be immedi~tely dw and pay~bb and sh~ll bsar intK~d from th~ dat~ th~nof untU piid a~ th~ rat~ o!
nir» pK aetum p~r an+wm and tosp~he~ with wch in~e.est ~MII b~ secwed by th~ li~n of this mortq~p~.
4.-To p~mit, aon~nit a svffK no wast~, imp~irment w de~erioraran oi said prope.ry o~ any pan thereof. ,
S. To p~y ~II w?d ~inpula? the cwts, cM?p~s and expe~ues, incl~dirg a r~aionabk ~ttwney's fee u~d cwn of abstr~ets of titl~. incwr~d w p~id ~t
any Hrr~ by sa;d INpRTG/1GEE, b~cavs~ or in th~ ~wnt of tM failure on tha put of th~ said MORTGAGOR b duly, promptly and (~Ily pa~fonn, d'acharp~t ~
~xecute, ~ffect, ~ornptq~, oomply witb and ~bide by ~ach aod every the stipulat~ons, ~reements, conditions, and oownanq of s~W promiuwy noh u+d thq
~••~'~+p~ ~nY a~ithN. ud aaid oosts. dwryes ~nd exp~nses, each ae~d ~very, sh~ll b~ immediately du~ snd p~y~bMs wM?her w not tMr~ Ilf fAf10! dr '
mand. ~mmpt to eo;IKy or w11 p~d;nyr snd tM fvl) xnouot oi ~ach and every wch piyment sF?ill bear int~nsl fron? t1N dah Nwr~of u~til p~td d th~
rare u~ nln~ p~r cantuen per ~nnum; and all said costs, cF?aryes and expenses incwred o? psid, together w~rh such in~~na, shait i~ Ntur+d by ths Iittt of Nw ~
,nutyap~, j
~
6. Th~t in th~ ~wnt of aMr bre~ch oi tNs Mortgsp~ or defavlt on the part of ths MORTGAGOR, w(b) In t!» w~nt ~ny of s~id swnt of nwn~y ~
hareln r•f.n.d ro b. na prwnpry ar?d fully p~id within thirty (3p) days next after ~he sarr~ severally b~can~ dw and payabl~. willaut d~nd o? notiq. #
or (c) tn th~ ~wnt ~ach aad ~v~ry tM stipulations, agreemenn, condi~ions aed covenann of satd promiuw.y not~ uw! this mat~ap~ ~ny or ~ither a~~ no1 F
iuly, promptlY uid fu1N pHfwrn~d, distharped, executed, ~ffected, completed, complied with ~nd sbided by. th~n in ~itM? w aMr tuch ~wnt th~ ~aid a¢ `
pregat~ avm m~ntiw~d in uid promiuay note then remsinirg tmpa;d. with interest uvved, uid all mo~eys s~tund, hK~by. sh~ll bacon~ dw ~nd p~p
•bl• forthwitA, o? tMreah~r, at th~ option of said MORTGAGEE, u fully a~d compktely as i( ill of the said swes of mav~y wtn orpiMlly stipul~Nd l
'o b' P+'d a^ such d+y. +olrthinp i~+ s+id Promwsory note or in tha Mortyage to tM ca+truy notwitl»tu~dinpj sed th~?~upon or thK~ahu at th~ option of ~
~s~d MORTGAGEE, witlw~rt noric~ o~ demand, wit at law or in equ~ty, rF~.fore or thereaf~er bepvn, nur b. pro..a,nd a ff a11 mo~y. ka,r~d h.r.by
ned m~tw.d prtor ro 7n insr~n,ran.
7. That tn th~ ~wnt that at th~ be9innin~ of w~t any fim~ pend'ny sny wit vpon ~his Mortyaq~, a to iw~ctos~ h, w to nfam M. a to enfaa
paymeat of any dsimt herwod~r, said MORTGAGEE shall apply ro the Ca,n having jurisd'~ction theroof fa tM ~ppoinhna+t of ~ R~teiwr, wch Cowt thaN
forthwhh ~ppWnl ~ ~~uiv~? Of aay! mortpp~t! propsrty all u~d sirgular, inclvd~ng all snd singulsr the income, profits, Issws and rewnu~s frqn whatwN !
sourt~ dNIWd• tiC11 Nf~ ~vNy o~ which, it b~iny expreuly unde~stood. is F+~rcby mwtg~ged u if ~p~cific~lly set forth and dNCrib~d M thi pr~ntiep u~d
hab~ndwn dauNS Aenof, ~nd wch Receiv~r sMtl fwvs ~11 the broad a~d sffecrive fvnctiwn and powers k~ anyyvls~ ~ntruqed by a CpHt t~ a Rwivu. ~nd
~uch ~ppointm~nt tMlt b~ ma~ by wcfi Coun as ~n sdmined equity and a matte? of absolute right to said MpRTGAGEQ ~nd without r~f~nnp to th~
.dequacy or Mwd~quacy of th~ wlw of the prope.ry mort9~ped or to the sonrency a insolvency o( said MpRTGAGOR or tM defaidann, and that ~uch
rems, profits, Incorr», iuws ~nd nvem~es ~MII be applied by wch Receiver sccordi~p to tM lien w eqvity of said MORTGAGEE and th~ pnetia of such
Court.
8. To duly. prornptly ~ed fu1~Y P~rfo?m, duchary~. execute, effect, compkte. camply witb and abid~ by e+d~ a~d way th~ stfpul~tions„ p?s~nt~.
conditions and eovtnar~y pn aa;t! p?any~ory nota and this mortg~ge set fwth. ' .
9. That in tM w~nt the ovr+ership of tM mortgaped premises. w uiy psrt thereof, becanes wstd in • pK~on otlwr tM~ th~ MORTGJ?GOR. th~
MORTGAGEE, ils wopssor~ ~nt! us;pro, m~y, without notice to the MORTGAOR, deal with such sucwsar a Muppor io im~pt with nf~r~not to t6h ±
morryay~ and tM debt Mrtby stsvred in t1~t ~ame manner a~ with Mortgago? without In any way vitiatug or d~Mrykg the Mwryapor~' li~hitiry
under or upon fM d~bt Mreby secured. 1do iale of the Fremixs hereby mortgaged and no fwb~ar~no~ on tFK psrt p( the MORIGAGEE a~ in woatson '
or acsigm and no ~xtsnsion of the time for the payment of the debt hereb~ secured given by ~he JNQItTGAGFf or i~i ~coeuw~ a a~sipns, ahall opaaf~ {
to releue, di~dur~, modify d~+~g~ or affect the origie~l liab~6q of the MORTGAGOR here~n, ~ith~r in wlals a in put. ~
10. It b apetifkally ~yn~d tMt time is of ths essence of this contr~ct u~d th~t no w~iver of ury obli~ation h~rwnder or of th~ oblip~tion ~ ~
cured Mrsby ahall ~t ~ny tirrN thereafier be held to be a waiver of the tem+s f+ereof or of ths instrumem aecur~d Mrby,
t 1, tn add~tan to the fw~go:ng monthty payments of pri~c pal and i~rerest ~equired by the prom;ato~y note ~ecwed he~eby, mortp~gw ~pwnany
and egrsea to pay ro morfyapee with each monthlY peYment an additional sum estimated by mortgapee to be eqw! to 1/12 of the annwl tost of tF~ follow-
ing:
A-Al) r~al p~op~~ty taxes I~vied or assessed agaiast the above described real estate.
B-Premiumt on fit~ ar~d windsto~m irnwante as herein requ;red to be urried on the improvemsnri situat~ oo the above deWib~d pr~mis~s.
C-Premiums oe~ wch morfgsye ywranty i~su?ance as mortgsgee shall from t;me to time deem fit to urry on ihs lo+n setur~d her~by.
Mwty+pee thal! from time to time ratify mortgagw in writing of 1Fie amount due and paysbte hereunder and tuch wm shall there~ppn be dw ~nd
payabte on the due date af the next monthly payment and each successive month thereaf~er until mortgsgee shall ratify mortg~gor of a chsrg~ io such
rg
amount. Suth wms ~hall be ~pplied by mortyagee toward 1F?e payment of real property taaes, insur~nte prem:urty. ~nd mprtysyt ywqnfy inaur~nc~
premiumf.
IN WITNESS WHfREOf, the said MORtGAGOR has hereunto ser h;s Fwnd and seal the day and y fint aforesaid. +
md. nd vetsd ie th~ presence of: !
~ ~
~
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STATE OF PLORIDA ~
cour,n oF St. Lucie ~
Bsfo.. n,. p~rsw,.lly •pp.and _ .Yieri e Q T~_ Re~Ara ~
I pt+A t t A F Rege r a hK w~te, to me well known ard known to me to b~ ~
the ~nd~vidv~b datribed in and who executed the foreyoiry instnxnent, and ackrwwledped befwe me tMt thsy ~xecuted the same for the pvrposas i
e~.~,~a. ti,a n,...;a Loretta F. Rogers
w~f8 of tM .+~a Charle s L Rogers -
~pon . ,sp,..:. .,,d pdr,a
axem~n~Yan by ms tsken sep~nte ~nd apart from her said husband, adcnowledged te and befws me that si~ exewted said irntrvment freely ~nd volun. ~
rar~ty ~nd withovl any compulsion, c.oratraint. ~ppreher+siwuor feu of or from her s~id husband.
WITNE55 my hand ~nd offici~l sesl rf~ ~?'6 ~u d,Y ~ a a. 19_~.~ ~
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Nwary blic in Md for th~ StaM of fbrida at iWpe
My an txpira: '
R~tum Ta.
Finf F~td ~y~Inj~odation _
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-Of, ~6cfl~ ~ • . Notary Public, ltat~ of Flo~id~ at La e
~ ~~ia~~~ ~''5~,- ;'~i~``. ~ ?~~i~~~• Jr1~~~i~'' MY Commission Expinc Au~ 6~ 1~7
~G ~v , v~ i~~::. Bonded By Ameriun Surely Cp. of N. Y.
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