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HomeMy WebLinkAbout0423 ' ' . ~ c . ~r ' To plw and oontinuputiy kNp on tM bui!diops now w Mre+fte~ sirwt~ on said land ~nd on ~II pvipen~nt and p~rwnsl oov~r~d by thi~ e~~. with dl pr«niu~iis tMr~an paid in fvl~ fin tnw~~nc~ in the usual ~tardard policy fam, in ~ w+n approwd by tM MOR~GAGEE. ~nd ~wind~~~m~ Mw.«+a ~ th~ uswl uand~ed polky fo.m, in • wm approv~d by ~M MORTW?GEE, in wcR compaRy a oanpaniK a rM IMORTGIIGEE n~ dirtttl and all fin and wirwhtonn inswaea po~ici~s on ~ny of s~id b~ildinps. uey Mtmst th~rein w part thN~of, M tM +pprepat~ twn afonuid o? tn ~xqq tMrwf. ~lNII oontatn tl» uswl st~+dard ma~9a~ clause w such alw~ clxrs~ ~s th~ Mwtq~ m~y .puk~, m~ktnp tM loss ur~ wid po1F u~~. ~+d~ ~nd ~wry, paYaW~ w said MORTGAGEE as in i11tHH1 ~1Ny ~pp~a?. u~d ~ach and ~very iuch p~lky sMti b~ promptty ass:q~ed and d~lhn~~d ~e any M~d by ard MORTGnGEF a~ fv.rMr •eaniry ,o sa~d m«p~. d.w. +nd. nw less tFye tM (1~ d~p in adv~+a of tM ~xpiration of ~ad~ policy. to da I~v~r b wid MORTGAGEE ~ r~w~l tMnof. top~tiwr with a nuipt for tM pr~niwn of wd~ ~~new~lj and th~n sh~ll b~ no fw~ a winditam iiuwu~a p~aced on any of said butWinp~. s~ inttrat tMnin or put tlwrwf, vnleu in iM fa?n and with ~M loss pay~bl~ as ~fortsaidj and h tM ~vent ~ny wrn of nwMY b~com~s p~y+bl~ w~d~r wd~ policy ot politi~s said MORTGAGEE sMll h~w th~ option to reaiw and ~pply 1M on ~ttount of 1M ind~btee~ ^eu t~cv~~d h~t~by a b ps~mit ~id MORTGAGORS to reuiw u~d use H a any pa.t thereof (a othe~ pu~potes, withovt thereb/ waiving a impsir- jr+y •ny eQvity. li~e~ a?ipht ~r ot by virtw of this mortga9e: a+d in ~M event ~aid MORtGAGORS shsll fa any na~on iail to ke~p tM aid prNni~s w in~ured, a faN to d~liw~ promptN any of MW POIiCiK of iraur~na to Nid JNORTGAGEE, a fsil pranptly W p~y fully ~ny pr~mium thsnfw or in any nspect f~(I to pKfan~, discha~pf, tn~cut~, ~f(M, eampl~te, camPh~ with ~nd abid~ by thi~ oov~e?ant, w ~ny put henof, said MORTGAGEE m~y pl~a ~nd p~y fa wd? 6~wanc~ a~ny p~rt tMred witho~t w~ivinp or ~ffectinp ~ny opfion, li~e,, puity, a ripM w~J~r or by vi~ of tMs Mat9ap~. and tM full anwuM of ~ch a~d w~rr qKh ~~rq shall b~ inwnedyt~ly dw ~nd paYabM and sMll bwr interasf from tt» daM the~eof wui! paid ~f tiw raT~ of niM P~? pnhMn W/ ~ntwm ~nd to~IMr with wch inte~est il»II bs tecwed by tht IiM of tl+i~ mortpp~. 4. To pKn~it, oonuntt a wffu no wuM. impai?rn~nt w dere?iontion of sa~d propaty w any p~rt tMroof. S. To p~y sll and sinpular 1M cwts, charp~s and expeme~, includiny a nasonabk attomey's f~e ud cin of abst?~cts of titl~. incwnd w paM a1 ~~Y t~~++e bY said MORTGAGEE, b~uus~ a in tM event of ths faitvre on tM pan of tl+~ ssid AAORTGAGOR to duly, promptly u~d fully perfore~, di~d~ •xecur~, ~ff~ef, oo~npl~t~ oomply wi~h ~nd ~bide by ~ach aod svery the stip~latwM. ~g~eements, cond~tions, aed oown~nb of aid promissory no~ u+d rhb m«tp~W ~n1? or sithe.. ud ad cos?s. chupes and ~~ensss, each ~nd every, shall b~ imnwdia~~ly due and p~yables wMtMr w not tMr~ b~ noria dr m~nd, att~mpt to oolbct or wit ~nd;nQt and tM f~l) anaunf of each and w~ry such paym~n~ sh~ll bea int~nal from tM d~t~ Nwwf w?HI p~id at ths raee of nirn pK centwn pK a~rw~r~; ud all iaid oosts. ch~r~ea ~nd expenus incwred or paid, top~tMr with avch tntsrNt, sMll b~ s~cur~d by th~ li~n of Mi~ mortpap~, I 6- Th+t W ia the ~wM of uryr breadi of MU Mwtgap~ w default on ths put of tAs MORTGAGOR, or (b) in tM twnt anl of ~id ~uem Of mon~y ~ her~in r.fKnd ro b. oa p.ompry snd fvly paid wi~hin ~F?iny (30) days 11!%1 iftN ?IM iir11! NVNiIIy DlCOrtN rI1N afld ~y~Wl. withart d~maed or eotip. ' or (c) In tF» w~nt ~ath and ~vay tM stipulatiau, ~reements, cond~tions aed covenants o( sa~d promiswry nor~ aeid th;s inatQaQ~ ~ny w~itl+ar u~ no1 ; iuly, promptly a~d fuly puform.d, d~scMrprd, exearred, effec~ed. compkred, compl~ed wirh snd abided by. flwn in ~iths~ a any such ~wnt tM s~id aQ ` yreyate wn? mK?tiwwd in said promiuo~y not~ then ramaininp ~npaid, with interesl acuued. and all morwys ~acvrd. henby. shatl b~aan~ dw aid pay~ ~ ebl• forthwith, p tMnsh~r, at the oprion of said MORTGAGEE, as fully ~nd completely as if all of ths said wn~ of r~wn~y vwr~ apiewlly ~t~lat~d ro b~ paid on svch day, anythkp in s~;d prpe;uwy nota or in this Mwtya~e to the contrary notwithstandinp: +~od thK~~pon or th~nahN a1 tM oprion of said NIOR7GAf3EE. without notic~ or d~m~nd, suit at law or in puity, tlKr~foro or thsrsaftn bsywy rnay pro~ecut~d u!f dl namy~ Ntund hK~by hai! rt?~tut~d pripr to iri kqtitution, 7. Tlwt in tM w~nt that at tM bspuw~Gg of or at ~ny t~e pendinp ~ny wit upon this Mortpay~, a fo foncloN h, w to nform h, o? fo enforq paym~nt of ~ny d~knt Mnvnd~r, s~id MpRTGAGEE shall ~ppty ro the tou?t having jurisdrction thcnof for tM appoi~tmtet of a Rtc~iva, wch Courf ~hall Forthwith ~ppoint ~ rKeiwr ofs~1 mortpap~d prpp~rty all and iug~l~?. includ~rg all and singulx ths incan~, profi», Isw~s ~nd rtr~nwa ftom wh~t~vK wurce duiwd, Nch ~+d ~wry o# whicly it beinp ~xp?essly understood. is hereby matgaged a~ if sp~cifically kt forth u~d d~wib~d In thi pranY ~nd h~bMdvn+ d+vs~s Mr~of, and such Reuiv~. s?,al1 have al! the bosd and effecrivs funct~ons ~nd powen in anywia~ ~nt?u~sred by ~ Couh tp a R~aiw , and wch appointm~nt aMll b~ mad~ by such Cowt u ~n admiited eqvity and ~ matter of absolute riyht to uid MORTGAGEE, ~nd without nfK~ to th~ ~dWu+cY o? 1n+d~quaty of th~ vdw of th~ p~operty mort9~yed or to the sotvency or insotvency of said IWORiGAGOR a ths d~f~ny, and that suth renr~, profits, kKwn~, i~wes and ~wenves sh~ll be ~ppl;ed by such Receiver ~ccordirp to tM Gen a puity of uid MORTGAGEE and t1+~ pradia of wch Court. 8. To du~l?. PromPt~Y +nd tvlN P~rfom+, d'ischargs. e:ecute, effect, comptete, compiy with and abid~ by ~ad~ ~nd wKr t!w atiPul+tio+~, ap?~U. conditiont and oovenanb in Nid promlasorr not~ ~nd tF+is mortgage set forth. ' . . 9. That in tM ~vent the ovvne~ship of the nw~tgayed premises, or ariy put tFkrwf, become~ v~shd ln a panoe otlwr 1h~n tlr MORTGJIGOR, th~ MORTGAGEE, itt sueoettas ~eid ats;gns, rrwy, wi~hout notice to ihe MORTGAOR, dNl with tuch sua.K~or o~ wa~tsor ie inf~resf wiN~ nfe~o~ ?o thb mortyap~ and tF» d~bt Mr~by sacw~d {n th~ suns msnner as with Mortgagor without in a~y way vitiatirg or discharp'mp tlte .'~..--~y~pors' liabiliry h~?? under w upon tM d~bt Mreby s~q~~d. t~lO ~al~ of the prcmiscs hereby mwtg~ged ~nd no fwbsanna on tM part of tFx MORTGAGEE ot Ns waessors or assipro and no ~xtension of ths time fw the paymeot of the debt hercby secwed qiven by the MORTGAGEE w ib wcpssors or qsigrn, r1~a~~ op~r~t~ ro rol~~. diad~rpe, modify d~ a ~ffect the oriyin~l lisbility of tf~e MpRTGAGOR hereu~, ~ither in whols w in pwt. 10. It b specifically pread that trn~ b of the essence of thi~ contwd and tMt no waiwr of ~ny obl'qation Mrwnder or of th~ oWlpation sr cured Mnby shdl at ~ny ttm~ tfiereafier t» hetd to be ~ waiver of the terms heraof or of th~ Irotrwnsnt secw~d h~rby. 11. fn addition ro the forego:+g monthlY payments ol princ'pa! and interest ~equired by the promiawry noro setured hereby, matpsgw opv~nants and agraes to pay to mortyapee with each monthly payment an addi?ionsl sum estimared by mwtgagee fo be eqwl 10 1~12 of the atuw~l tosf of ff» follow- ing: A-All ~eal property taza lev7sd or ~ssessed against the above described real estata B-P?~n+iwns on firs and wind~torm ira~wa~ce as herein requ~red to be urried on the improvem~nri i~twt~ on the abov~ dewibtd pr~mbq, C-Premivms on such mortyage pwranty insunnce as mongagee shall from tirn~ ~o time desm fit fo urry on the (wn ~nd Mreby, Mo?typN shall from Y~me to time notify mortgagor i~ writing of the amount due and payable hereunder ~nd such sum shatl th~rwpon b~ dw ~hd Fayable ort the dve date of the next monthly payment and each successive month theresfter ur.til mortgayee aha11 ewfi(y mortgago~ of ~ chanp~ le w~h ar*,ount. $uc}~ sums shall bs ~pplied by mwtgspee towsrd the psyment of real property t~xes, inwrsnce pretniums, and mort~~pe pyuu~ty ins~r~nu p~emiums. ' IN WlTNESS YVHEREOF, the s~id MORTGAGOR has hereunto set his hand and sesl ths day and yeu fint aforp~id, n ~ Si~d, bd and iwr in tM pnsena of: /~csl[.~ • ~ ~ ~ , ' n - --n rc--~ STATE OF FLORIDA ~ courm oF _ St. Lucie ~ esfo.. m. p~r,w~dly ,pp.,na ~ ~E, to me well known ~nd known to n+e to b~ thg individwl deauibsd in and who executed the fwegoirg instrument, and adu~owledged before me tMt ~execvted the same for tM purposet rherein e7cpreatd. /rd•M»~~id. ~ w+i~o~ N~ «i1 ~ ~PbR'~ A+PRr11~1RR!'P~N~il1~ ~ avjni~tioo i~ ~ b4~~ ~e'wN•a~d.a~~t-f»w~ ~ raid-Iw~Mr~y~+~kwarvleilydrl~ w.d ~eFe?~ n~MuiF +fie ~ceeeted~ s~id ~rwleeine++rf~aelT w~d 7aAun- ta rfl~ a~!! ~Ar11601'~1lyr10~f01lIOfl-~A'~A1f,' T~1~,ar sT 3f'd? TrSm'~s+~ Tws'b'in~ l+Y1TNE55 my fwnd aw! offiwt s~al t' ~y A D. 19~ . Notary P Fn ~nd for the Stat~ of Florid~ ~t Larp~ - MY iasion ~:pires: R~turn Ta. . F.d.~.i .s~,~~~,,~ ~..aut;o„ pND RECORDE~ Nota?'Y PubMC. ~taw or ~orida st Large f- ftLLV~IE COUNT'~~FLA• fJ~y ~mmiss~o~ ~p~res Aug^ 6. 1967 ~ Fat. . D ~`''~.*A&cd• ST• VGRlF~~ pm~riun Suret w•of N.Y, ~ FE~ Gh%~"'- eonded By Y ~C~ ,~.n~~ : 51 _ = r_» r '~6 2s P~ ~ ' G = . ~ oos ~ t3 4,~ . ' ,~.48.~ ~ ~t~ • : r, ;•v~ Co RT ~'•~,.~L.:.:"'"~ ` ~RK-~~~~~~j U ~ • c ~ sooK 15~ 423 r~-~ . 6 _ . . . _ , _ . . 4.:.V:.o.C' ..F~~4 . " ~ ~.s.~~`", .~_~~y, y .~_I~dr"~-.