HomeMy WebLinkAbout1509 c
To pl~ and oontkw~o~~ly keap on tM buitdinps now a hK~afiK sitwN on safd I~nd tnd on ~11 ~quiprnMt ~nd p~?~orwlly oov~?~d by N~h ~wortq. ~
~y~, wilh dl psmi~ens tMreon paid in ivll, fir~ ins~wr~ca in ~M uswt ~prdud potk~ fwny ~n • ww approwd by tM N1bRTGJ1(iEE, M~d wMKl~ttors
)nsw+nc~ M th~ uswl »anda.d policy fonn, in a swn approv~d by tM MORTGAGEE. M w~d~ wmpany a aompw?tM w tM MORTGAt3EE ~y
dtrecti ~nd all fM~ a~d wh+~~arm inswanc~ polic7es on any of ~aid buildinp~, ~ny Mhrat tMr~in a part tMrwt, tn th~ pprpab au~ ~forwid or
ir, ~ac~t tktnaf. ~ti ca+tsin th~ uswf :tsrut~rd ma. tQaye~ dswe a iuth ethn ds~n~ at ~iN MorlppN m~y nq~w, ~wkM~p th~ loa~ u~dK s+it~ poR•
cies. ~sch snd ~wry. parabl~ w ~sW MORTGAGEE aa in Intereat ~niY ~Pi~~. and ~ad~ ~nd ~vKtl ~ Pa~h? ~ b~ P~~PN1? +ss~9Md and dNiwnd q `
.ny MW by s~id MpRTGAGEE a fwtM. Ncwiry to said mor~p~ d~b4 and no~ 1~ tAan Nn l10) day~ in ~dvann of th~ ~xpir~tion of wch policy. q d? t
i~vsr ro iaid MORiGAGEE a ~~wa{ thsr:af, tq~athu with a reuipt fot the pr~miwn of wd~ r~w~l~ ~nd ~h~n ~MII b~ eo fir~ a wird~torm Iruw~no~
pt~c«I on ~+y of s+id buildinps, ~oy in~er~st thuein a pirt therwf, vnteu in ~h~ iom? u?d wi~h tM loss pay~bt~ a afo~tdj and tn tFr tv+nt any ~wn
of rrrwKy b~comp payabl~ wde~ wd~ polky o? policth faW 1MORTGAGEE sh~ll Mw th~ option to roaiw ard ~pply 1M s~ on ~aow+1 oi 1M Md~bnd~
rrss ucw~d h~nby a w pHmit said MpRTGAGORS ro nceiw ~+d va N a+eyr put tMreof fa aher pwposw, wi~hout tMr~by w~tvinq a imp~k-
iry any pvity, liu~ or right w~de. ar by virtv~ of this mortyay~j N,d ie tM ~vent aid MORTGAGORS ah+11 fa arqr n~~on fail fo k~ep th~ ~+W p~uni~ w
iniured. o? f~il !o delivK prcMnptly ~ny of ~aid policiea of insvrana to s~;d MORTGAGEE, q fai) promptly fo Par fi,iM ar~y ~.~w~ 1Mt~for p in Mry~
r~spect f~il w pafwm, dischu~. s~ucute. ~ffM. canPl~t~. oomplY wi~h a~d ~bid~ by tAi~ aov~n+nt. a any D+~t Mrwf. said MORTGAGEE m+y plaa and
wv for wch Lawanc~ o~ any p~?t tMnof witlav~ w~ivinp w aff~uuinp +nY. option, li~n. puiry. w ripht vndK w by virtw of this Mat~. and tht
f~11 amwint of ~eh ~+d wKy weh p~ym~nt shall b~ imm~e!'ut~lp dw and p~y~bl~ and shall bwr 4?t~ra1 from tM dab tMrsof uoHl pasd ~t th~ r~h oi
nine ptr pntvm p~r ~~wwm and lopether with wch interest ~hall be tacw~d by th~ li~n of this nwrlp~Qw
1. To p~rmit, oommit or wHer no wute Impakme?u a d~teriontion of sud propKty or ~ny p~rt 1Mr~of.
S. To psy all and sinpvlu th~ coat~, cMrpes and exP~nse~, indudk+D + n~w~wbl~ at~wMy's h~ ~nd aost~ of abahaN~ of Htl~, Ykwnd w p~id ~
any ~ims by ia;d INpRTGAGEE, b~c~uss or in the ewnt of ths failu~~ on tl~ put of tl» said MORTGAGOR w duly, p~aenptly u~d fvlly p~r(wny di~ehu~pq
execut~, et(eti, eanpl~t~, oomply wirh a~d ~bid~ by exh and ~wry ti» stipvlatioM„ presm~nh. conditiaa. ane! aowrwnq o1 said praniswry not~ u?d thi~
morry~y~ a~y o? ~itha, and ~aid cosn. chuy~s and expensss, each ~nd wKy. ah~ll b~ Imm~diat~ly dw uid payaW~~ wMtMr ot no~ tlwn b~ notia d~
martd, attampt ro odlect or wit pend~ngr and the fi?II amo~m of Nch ~nd wery wd+ p~yme~t ~hall beu intKpf froen t!~ d~» the?wt until p~id d th~
rare of nirn per o~ntum per ~onum; a~d all said costs, cMr~es and expens~s inwrnd or paid, IopNFwr with wch Int~ntt, shaY b~ Np~t~d by th~ U~n of thM
mwtpap~. •
6. Th~t (s) in ths ewnl of any breach of this Matysp~ o? d~fwlt on tl?~ part of tlw N10RTG/lfsOR, o~ (b) M tM ~wm anp oi i+id runq d nwn~y
herein refa?r~d to b~ no! promptly snd fully psid within thirty (30) days Mxt afta the sxne s~ve~ally b~ton» dw ~nd payabb, withoW dMnMd p? epttq.
or (c) In th~ evem escl~ and every tF~e stipulations, sgreemen», conditions and tovee?~nb of w~d promiuory no~ ~nd th;s nwrpp~ ~ehr w~tthK u~ no1
iuly, P?omPt1Y and fvlly pe.formnd, d'acharged, execvred, effected, canplNed. coMplied w»h and ~bided ry, tM~ M+ ~itMr a any wd~ ~wm th~ said ~P I
gregate wm mentioned in said promiuay opte then remaininp unp~id, with int~rest accrwd, and all naMys Mcw~d. Mt~by. aFyl) b~oorn~ dw ~nd pap ~
able fwthwitly o? ther~afta, at fhe op~ion of sa~d MORTGAGEE, ~s fulfy and compt~t~y as if ~11 of th~ ~aid au~ of moe~y vwn pipin~lly tt;pulafsd ~
ro bs paid on wch day, anythiny in ssid prom~uory note w in ihis Mortpsye to tM coatrary notwitM~snd'irgt ~rd tM~~u{wn w tMt~aRw N IM option of
sa~d MORTGAGEE, without notic~ w demand, wit at law or. in ~quiry, the?.for. or rh.rsafie. b.pw~, nw~ b. p~ouu,~.d n ff all enoe.y •.cw.d h~r.by -
naa m.n,r~ed prior ro in imri?urion.
7. Th.t to ?hs went tMt at the beginninp of or .t ~ny tcm. pe~nq any wn upoe thb Morrpap~, or ~o foneloN h, a ~o nMnn k, a w~nfora
paymeM of ~ny daims he~evoder, s+id MpRTGAGEE shall spply to the Cowt F~aviny jwissliction thenof for tM ~ppointment of ~ R~cdvK. wth Court shatt
for~hwirh sppoim a ~eceiver of wi~! matyaged property al! ~nd seny~lar, indud:nQ sl! ar~d sinQvtar fh~ Incwn~ pofit~, bsw~ ~nd nv«w~s frpn what~wr
Eource derived, eath and every o# whith, it beinp expressly understood, is her~by mortgs9ed q if sp~tifiully t~t forlh and dMCtib~d M thi ~r~ntlnp and
habendum claines hereof, and such Receiver shall have ~II ~he broad ~nd effect~ve fi,nctcoes .nd powsn tn snywlN ~ntrua~d by a Covit p a R~tv~r, ~nd
such appointment shall be msde by wch Cowt u ~n admi»ed eqviry and a m~tter of absolut~ iqAt b wW MORTGAGEE, ~nd whho~A nf~r~np b th~
adequacy a insdequacy of ths wlve of the property mort~s~ed a to the aohrency or insolvency of uW MpRTGAGOR 0~ th~ d~f~ndanM. and thN such
rentf, protin, incoms, issues ~nd revenues shaN b+ applied by such R~ui,nr xcordinp to tl» lien o~ pvMy of wid MORTCsAGEE and th~ pactia of such
Court.
8. To duly. promptly ~nd fu1~Y P~?fom+. discFw?pe. execute, effect, oompkte. oomply with ~nd ~Wd~ by e~d~ ~nd ~wrY tFN qlpulatiotq. aprMnwrm.
conditior~s and cove~?anb in ssid promtuory eote and this mortyay~ sst forth. '
9. That in the evertt the oMmership of the mortgaped prem;ses, or +riY P+rt thereof, b~oomp wsf~d M a p~non MM~ th~n tM MORTCsI?C+GR. fh~
MoRTGAGEE, in wccesson snd auipns, may, without notice ro rhe MORTGAOR, deal wirh wch wa,N~c~ p~~or in iM~rpt wiM n{Ka~ Io thh
morrgspe u~d the dab~ hereby secu.ed in tha same m~nner u with N4ortgspor wirt+ovt in uiy way vi~kttnp or d'acMrpi~p t!k Mwtp~por+~ Wbility herr
under ot ~pon the debt hcrcby secured. No sale of the premises hereby mortg~gsd ~nd no fpb~ar~no~ on tl~e put of th~ MORTGAGEE ot {M wcpaors
or as:~g~s snd ra extensan of tF?e time for the payment of the debt hereby secured ~iwn by tl+~ MORTGJIGEE w its wcqsson or ~stiprp, sM~~ opa~t~
ro reteau, d"+sch+rye, modify change a affect the aiginal li~bifity of the MORTGAGOR hKein, ~ither in wial~ a in p~rt.
10. If is specifically agreed thai r'ime a of the euence of rha co~nan and rh.t no w~iwr of u~y oblip~rion Mrwnder or of th~ oblipation w-
cured hereby shall at any time thereafter be held to be a waiver of the terms herwf a of tfie inslnwn~M Ncund h~rby.
11. In add~tio~ to the forego:ng monthly paYments of princ:psl a~d intcrest rpuired by the p~omistory ~nof~ s~cvrd hsreby, morfyayor oowMnN
and agrees 1o pay to mortgsgee with each monthlY paYment an addiianal sum estimated by mortpapet fo be pwl t0 1~1Z of tFw anewal cast of th~ fdlow-
ing:
A-All ydl property taxes kvied or ass~ssed against the above dewibed real estate.
B-Premiums on fire and windstorm insurance as herein requ~~ed to be urried on the imp~ovemttfb sitwf~ on fh~ ~bpv~ dycr'b~d prNnitq,
C-P~emiwns on such mortgage gwranty insurar~ce as mortgsge~ shsll from time to tim~ d~sm fif fo t~rry on tFN ban Mtvr~d h~reby,
Mo?tgagee shall from time to time notify mortgagor in writ~ng of the amoum d~?e and payable Iwre~ndar and a~th wm shaU fh~r
wpon b~ dw and
Fayable on the due date of the next monthly payment and each successive mon~h thercaRer until ~yt~ thaN nofify morfpayor of a cha~ In wth
a~,ount_ Such sums shall be applied by mwtgagee toward the payment of real prop~rty tsxes. ~ ptemivms, and mort~ap~ ~uataM~ Gqur~ep
prrmiums.
I WITNE55 WHEREOF, the said N{ORTGAGOR Mas hereunto set his hand and seal the da and firat afppaid,
led and deliver in presence of: ~
' Q ~
~ ~
~ ~
i
i
_TATE OF PLOQIDA ~
couNTr oF St. Lueie
Before me personally a red PAU1 T. Mu1~Rhy ~ ~
~ Franc~s~Hale Murph~ {
~ rhe i~dividwb dewibed in snd who ~xstuted the `orepoiny inst?wn~nt, and atk~wwled~ed b~fort ~M thif f
t~er .xsun.d *t» .sn» f« th. wKpos« I
s
therein e~,.~. ,y,d fM ranees Hale Mur}Zhy ~
wife of ~i,. ~d Paul T Mur h - ~ , ~~r. ~
eXam~nation by ms tskon separate and apart from her seid hvsbsnd. ~dcrwwledyed to and b~fwt n~ that ahs exewted s~id irotru~tnt he~ly and vol~ ~
ra~;1y and without ~ny compuls'wn, ca~straint, apprehensan, a feaAr of or from irc? s~id Iwsband,
WITNESS my haod and official seal this ~y ~ $@ mber A. D. 19..~_
~ry P~rWk in and fa th~ Sta» of Fforid~ at larp~
, Rdum Ta ••••:r~..etMY C~opvn~ion ucpira: .
Fir~t fedewl Savinps 3 Loan Aitociatwn ,~.~~~~':~t~'`~eJ~l,~`~~~ ~ijt O~ ~j~ it
i.~_
o( Fo.r Prerce. ' - - 6 `+~l1~
• Fort Pierce. Fbrids ~ 4-,+' ~ C~ ' ~1.;•.._ ~ ~j~'~
s~OA ErNes ~23~1964
FIl.EO AND RECOROED ~ - ._t ' " y ~ a
ST. WCIE COUNTY. FLA. ; i.._; : r e:-
R CORO VERtFIED : ~ : -
'•rl ~ Q i~
-a'C~ . - .
'~6 SEP 22 PM 3 : 43 ~ ~
148634 oR ~
riO~~R PO~TRaS 800x~~5 30'~
CLERK CIRCUIT COURT _ -
=~..v.~ ~ ~ : . - -
t " ~ ,,e~ ~y, .