HomeMy WebLinkAbout0771 1. To plau and aonri~w,o~sly k.~p on ~Fw buildinps now o. Fwe~ft~r Wtwte on iaid land ~nd on all equipnwiM aid pK~a~+~h oovK~d bll ~"~~0'
ay~. with dl pranivrta thawn p~~d in full, fin inw~~nc~ in Ihe uiwl it~ndard policy form, ln a swn ~pprowd by IM MORTCsAGEE, and wirKhtam
Insu?aoq in tl» usw! uanda.d polky fam, in ~ svm approved by tM MORTGAGEE, in wch ca++P+~Y o~ ca~pa~i~s +s tM MOR?W1(3EE "'~Y
dir~cft ~nd all fin ~nd win~bwm+ i~wanc~ poliues oe any of said build~npa, a~y iM~rpt tMrein or put tMrwf. in tM ~ppreyat~ wm ~fores~id a
In ucap II+Kwf, aMll conuin tM uwal itandard mortga9s~ cl~use w such o~her cl~us~ a tM Maty~~ m+y nqu'w~. makiep the lou w+dN uid po14
ciss. ~~ch ud ~very. p~Yable ro said MORTGAGEE as its int~rest rt~y app~ar. a~d each and ~very s~ch policy sh+ll b~ promptly us:qaed u+d d~tivsr~d ro
.ny MW by wid MORTGAGEE ~s tunl+er secvrity ~o ssid mo~~9sg~ debr. u+d, na ~ess th~n ten p0) da~ in advuiu of ~M ~apiration of ~+ch policy. to dr
IivN to said l1AORTGAGEE a nmwal th~rwf, top~thu witA • rece~pt fo~ the premium of such renewali and ~hsn sMll b~ ~a fire or wi~dstam inswanc~
plac~d oe any of aid bulld'u+ps. ~ny inte~est thK~ia or put the~eo~, vnku in the form and w~~h ti+~ bss payaW~r ii ~t0(i3ii3: ii'NJ In tI'1! evar?t sr+y svm
of rtan~y b~cwe»s payabl~ u~d~r such policy or po~~ci~s s+id MORTGAGEE ihall Mw ~he optan to roceive ~nd ~pply the ~me o~ +ccax?1 of tM indebted~
sacw~d Fwr~by w/o~ pt~mH s~id MORTGAGORS ro retsiw ~i+d ~ie it or any part thereof Iw othe~ purposes. wi~hout thaeb/ waiviny u unp+h-
ir,9 ~ny pu~tp, Ilee a.i~ht w+d~. a by virfw of this mor+9a~•r ~nd in tM ~vent sa~d MORTGAGORS d?all fa ~ny ~~ason fait to ke~p tM s+id pr~n+isN w
insured, a f.tl a deliv.r ptanptly ~ny of said policiet of inswant~ to aid MORTGAGEE, w fsil promplly to p~y fully any pt~mi~m Iherefot p In ~nY
r.specf fail b pKforen, dischargt, ~x~a?te, ~ffM, mnpl~t~, tomply with ud abid~ by this eovenant, p ~ny put her~of, s~id MORTGAGEE m~y pl+c~ +nd
paY for weh trrwanc~ or ~r?y pirt thsrwf withow w~iviep or ~ffaethq aey opYan, lien, puity. a~yht w~ a ptl vinw oF this INaty~p~. ~nd tM
full ~mount of ~ad~ N+d way such payment sh+ll b~ immediately dw snd p~y+ble and sMll be~r intKest from tM dat~ thereof until paid at th~ nt~ o!
nir» pN antvm p~r ~newm snd top~ther with such i~terest shall be secv~ed by tM li~n of this matqpe.
1. To pKmit, aoenndt a wff~r no w~ste, impairment at deterioration of said propaty or any put the~eof.
S. To pay all ~nd sGgul~? th~ coats, cMrgea snd sapsnscs. includinp s rcaaonable atrwney's fee snd wsts of abstracK of titi~. incun~d a p+~d N
sny tims by said MORTGIIGEE, b~csvs~ or in tl+e ~vent of the failwe on ths psrt of tM said MORTGAGOR ro duly, prompty ~nd fvlly ~pafonn, disch+~
exccut~. ~ff~e1, canpl~N, ~m{~ly with u~d ~b~de by each and every the itipulatiau, ~greements, cond~?ions, and oowr++nn of s.id promis~o~y not~ ~nd ~hu
mortp+Q~ ~nY o~ ~ither, and said oosts, cMrges and ~xpe~?ses. e+ch and every, sMll b~ immediately due ud p~yable: whethe~ a tat tMr~ b~ notiu d?
mand, atNrtipt !o toll~cl or wit ~+d~g; and tM fvll amov~t of esch and wery wch paymem ihall bear interqt fran the dat~ th~rwf until p~id ~t th~
rate of niM ptr centuen pa ~rwwm; u~d all said oosts, tharpes and expenses incur~ed w paid, toyether with suth inte~yt, thsll b~ s~cwed by tl+~ li~n of tha
mortp+~•
d. 1Mt in /M tvMt of ~ny breach of this 1Nortgape o? defaul~ on tM part of the MORTGAGOR, w(b) in tM wsnt ~ny of ~aid tums of money
henln nf~rt~d to b~ ~of pranptly and fully psid within thirty (30) days nexl after the same ureralty becomt dw u?d p~yable. wilhow d~m~nd o~ notiu.
or W tn the ~wM each and every the stipulatiais agreemsnts, cond~tions and covenants of sa~d promissory note and th~s mortpa~e ~ny or ~ither ~re no1
~uly, promptly u~d fully pafwmad, dixAargad, exscuted, effected, compkted. compl~ed with ~nd abided ~y. tMn in eitMr w ~ny such ~wnt tM said aQ~
preyat~ wm m~ntan~d in uid promiuay note then ~emaininp ~npa~d. with iroeresf scuucd. ~nd all maays s~cuted. henby. sMll baoae» dw u~d p~y~
ab~• forthwith, or thsceafter, at s!x oprion of ~a+d N10RTGAGEE, as f~lly and ce~nple~ety as if all of the ~aid swws of mo~y vwn oripimlly stipubted
to k» p~id an wcfi dsy, anythiny in said promissory note or in this Mortyage to the ca?t~sry notwitMt~ndi~p; and tMrwpon or th~?~ahu at tM option of
~•id MORTGAGEE, withoW notiu a damand. wit at I~w or in eqvity. therefore or thereafta be9vn, m+Y b~ prowcut~d as if all ma~ys s~cw~d Mr~by
:rtiifured pli0f t0 iri intlifvtlOfl. •
7. TMt in tM ewet th~t at th~ beyinninp of or at any time pending any wit vpon tha Mortg+pe, d to fondoH N, a fo nfam N, or to ~nfwa
psyment of ~ehr daims Mr~w~der, s+id MORT('sAGEE shall ~pply to the Ca,?t having jur~sd~nia+ ~hereot iw tM ~ppantm~nt of ~ ReceivN, wch Coun shdl
Forthwfth ~ppoint a nceiwr of sai~ mwtpsped propsrty all and si~g~lar, includ~ng all and singular ~he income, profita, iuws ~nd rev~wes from what~v~r
wurc~ d~riwd. esth ~nd ~wry O~ which, it beinp sxpressty understood. a hereby mo.tgaged as if speNlic~lly set fath and desuib~d tn Ihi y~antinp and
hsb~ndum d~usu Fwwf, and ~uch Reteiwr shall have +II the broad and effective fund~ons and powen in ~nywise entrusted by ~ Cawt tp ~ Reuivu. and
~uch appointment sMll b~ mad~ by such Court u sn admifeed equiry and a m+tter of absotute ripM to ~sid MORTGAGEE, ~nd wirhout nfer~ce ro tFr
~dpu~ty or in~d~qu~cy of th~ v~lw of the property mwtg~ged o~ to the sotvency or insolvency of s~id MORTGAGOR a tM dsfadan», and that such
rent~, profiri, (ntan~, itsues snd r~venues shall b~ ~pplied by such Receiver ~ccordiny to ths lien « puity of s~id MORTGAGEE and tM pracfiu of suth
Court.
8. To duly, pranptly and fvlly ps?form, dachary~, execute, effect, complete, comply with and ~bids by esch and ~very the stipul~twiq, apr~nb,
conditions and oovena~n in said prombsory note and this mortgsge set fath. '
9. TMt in tM ewnt the own~rship of the mortgayed prcmKes. or sny part thereof, becomes vest~d in a p~rwn otha tMn th~ MORTGAGOR, tl»
MORTGACsEE, In ~utt~uon and ~uiyns, may, without notice to the MORTGAOR, de+l wi~h such suttessw w wcc~ssor in interest with nfennte to this
mortpp~ ~nd tM dcbt hereby sec~r~d in tM same marv~er as with Nbrtgagw withoul in any way viti~tinp a disth+ryirp the Mortyspw~' liability Mrr
under or upon tM debt hereby secured. No sale oi the premises he~eby mortgaged and no fo?bear~nu on tht part of tM MORTGAGEE or iri sutcesson
or eui~rn and no ~xtension of ehe time for the payment of the debt hereby secured given by the MORTGAGEE w iri succtuors w ~uipm, ~h+ll oparat~
to rdew, distMrye, nwdify tMrg~ w affect the wiginal IiabJity of the MORTGAGOR herein, either in whok or in p~rt.
10. it is spatifiully ayreed that t;me k of the esscnce of this contract and lhat no waiwr of any oblg~tan herwndc? or of tlr oblfpstion sr E
cured htrtby ahdl at any tim~ thercahar be held to be a waiver of the terms hereof a of the instrument secw~d htrby.
1 t. In additan to the fwego:rg monthly payments of prin~ pal and interest required by the promissory note secured hereby, mortpsgor cownanb
and sgrees to p~y to mortg+yee with each monthly payment an add~rional s~m est~mated by mortgagee to be eqv~l to 1/12 of the aonual tost of the fellow-
in~:
A-All ydl property tax~s kvied or assessed againsf the above described real estare.
B-Premiums on fin and windstwm inwrance as herein requ~red to be carried on the improvemerts situate on ths ~bove desuibed premis~s.
C-Premiums on such mortgage gwrenty ins~rance as mo?tgsgee shall from t~me to time deem fit to urry on the loan secured hereby.
j Mortpsgee shsll fran time to time ~+otify mortgago? in w?iting of the amount due arx! payabk hercunder and such wm shall thereupon b~ dw and
i payable on the dve date of the next monthly payment a~d exh successive month thereafter ur,til mortgagea shall notify mortgagor of • chsng~ in such
amount. Such sums sh~Il be applied by mortgagee toward the payment of real property ta:es, inwrance prem.umi, and mortgspe ywra~fy iraunnc~
?remiums.
IN WITNE55 WHEREOF, tM said MORTGAGOR has hereunto set his hand and seal the day ~nd yeu first ~faesaid.
SNI~d ~nd vere in th~ presence of:
ah. ~ n
. ~
• ~n
/ ~-n
- STATE OF FLORIDA ~ ;
r_our,n oF St _ Lucie
~
ge~ ~ p~~~~y ~pp~~ S t P nh P n A M i v i lr T T 7 ~nd
Mn^t~lB C rol _ Mi ai k former~ y Martha C~r~? e StBLV ~ wife, to me well known and known to me to b~
the individwts desvibed in ~nd who executed the foregoinp instrument, and ecknowledged befaie me tMst they execvted the sams for the p~+rposes _
lherein e~.~,.ea. N,a ri,e ..~a Martha Carole 'Misik, formerly Martha Carole Stale~,
FQ ,f S t e p he n A. Mi s i k, I I I, ~ upp~ a separate uid private
exam~nation by me taken aeparate snd apart from her ssid husband, xkrwwledged to and before me that she execvted said imtrumeM freely and volurr
tarfly ~nd without any compulsion, constraint, apprehe++sion, r feu of or from her said husb~nd.
WITNESS my h~nd ~nd official sea) t' day of S6 tember p, ~q 66 i
f
~ - ~
~ wary Public in ~nd for ihs State of Fbrida at Lupe
, My Comniuion expires: ;
Retvrn Ta , . . , ; . J
Fint f~dar~) Savlrgs i lwn AYociation " (~iti,.......•J~~ ~i1r PI~K. ~it! O~ AOfldi il ~if~
Of Fort Pierte. N~ RECORO~o : . `.~{•M ` _ ' . - fj~ ~IdRKf10~ EIIpI?~ ~9~
Fo?t Piace. Fbrida • : r~= M.~N 4 An«k~. Fi~ ; Gw
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