HomeMy WebLinkAbout1577 s. Te piaa uid oonNnuously kttp on th~ buiMinQs naw a Mr~aftK Ntu~» on aNd i~nd w+d on ~II putpnwM ~nd P~non~lb cow~~d b~? tNa narq~
+g~. with ail pnmiwea tM~~a? p~id in full, fin inwranc~ in IIN ~wal standard P~~1? for+n. N a sum spptowd by tM MORTGAGEE, ~nd ~windstorn~ ~
ir,suraec~ in N» wwl it~ndud poiicy fa~n, in • wm ~pprovd by tM MOR~GAGEf. tn wd~ oomp~ny a oornpuda a tlw JNORTGAGEE ~ay {
d~.en~ ~nd NI fin and wi~tonn inswa~q pol'~ on any of s~id buiWinp~, pM NtNat thK~in a paet tM~wf, in tM app~p+t~ wm ~fora~id o~
t~ ~xcw~ NN?wf. sMll conr~in MM uswl itud+rd na.r~N ciw~ or wd~ oii?M daw~ a tM Mort9pN m~Y nq~a+. mski~q tM loa urdM ssid po1F
c~es, sxA and ~w.y. WYaW~ w ssid MORTGAGEE is iti Inta~tt m~Y a~p~ar. and ~acA and ~wry wch policy ~hall b~ P~~Pth? as:p~wd and dtliv~r~d b
•ny h~ld by a;d N10RiGAGEE as furthu security to s~W mort~a9~ d~bt. and, no1 ku tl+an t~n l10) dayi in s~lv~nc~ of tM ~xpU~tion of Ncl~ policy. !o d~.
I~~er ro aW MORTGAGEE • ~Mewai tiarwf. top~tlwr with a nceip~ for th~ pnmiwn of wd~ nnewal~ ~nd then ~h+ll b~ no ftn a windstam kaw~
p~aced on ae~r of pid bvildirg~, u~y interest therein a~ p~.t rhsroof, unl~ss in tM farm ~nd with ~M loa p~yabb ~s ~for~said~ ~nd in tM wMt u~y wm '
of r.wn~y baon,q payaW~ ~e~r weh polky or pol;e;p ~aid ~IIpRTW1GEE iMll haw d+~ option to ~~aiw ~nd ~ply tM aarn~ on aaowd d tM ind~bt~ ~
russ s~cw~d lwrtby p p p~tmit ~aid MORTGAGORS to ?Keiw and w~ M Or any p~rl th~reof fa Wher pwpwp, without ~h.r•b~ waivinp or impair '
anY pvih. litn pr ripht w~det or by virtw oi thq motl~spet and in t]N ~wnt s~id JMORTGAGORS sh~ll fa any ~wn fail to kKp th~ ssid pnmitia w
in,ured. w f~il to dNi"u promptly any of a~d potKiss of inswanc. w iaW MORTGAGE6 a f~;l p.ompiN ~ WY fi+~h ~Y P«^+~+~+ rMnfw a in any
respect (~il b pafwn~, dischu~e~ ~x~cute, ~ff~ct, compl~~~, eomply wirh and abid~ by tl~ Qov~f, a any put hKwf, s+id MQRTGAGEE m~y pl~a ~nd
per fa sueh uawanc~ o~ ~ny part tMrtof without waivLq o~ affedinp any option, li~n„ p~riry. a~ipM ~ or by virtvo of tld~ Mo?tp+p*. and tM
fu11 amounf of each u~d swry such paymsnt shall b~ ir?wMdiat~ly dw a~d p~yabl~ and sh~lt btu intenst from th~ dab thawt w?til paid ~t tM w» of j
n;ne per o~ntum p~t uwwm and topether witF? such interest shall b~ setvred br th~ Il~n of thh mort~~p~. ,
4. To pKmit, aomn4t o? wffer no wut~, impaumsot or d~teiqratia? of ssid propary or a~ryl p~rt t1~~of. , ~
5. To pay ~II aed s&gvlsr tM eosts, ei~aryes u~d expansss, irKiuo~ s iNN~»~ atio:+say't t~ ar~ coal~ af t~+~? of tt?I~ ie~nxr*d a~id ~t ;
any time by sa;d 11npRTGAGEE. Mewse or in tM ~vaM of ths f~ilur~ on th~ p~ef d tFw said MORTGAC~OR 1o dulY. prompty ~nd ivlly paforny dheMrqR
execure. sffect. compleq. eon,plY w~rh and ~b+de by ~ach ~nd every tM stip~btiom, ~e~mentt„ ew~ditiora and oownann of aid praniswry nof~ and thit
mortyaye ~ny or eitlMr. and uid oosta. charprs and ~xpN?ses, ~ach uid ~very, aMll b~ imn~diatdy due and p~yabbi wMtM? a e?ot tl~~ b~ notia d~
rr+ar,d, an~mpt to collact or w» p~nd~rgt and th~ full amouet of ~ach ~nd wKy wch psYmuN sMll bear int~nst han tl~ dab tMnof wNll paW ~1 tM ~
rare of nin~ psr centum per amwm; and ~tl said cnsts. chu~s u~d expa+ses incwred or paid, topethN with aaA 1ntNat ahall b~ waind by tM INn of thM ~
morty+~, ;
6. TMt (a) in the ~wnt of ai?y breach of this Mortq~ a d~fault on th~ part of th~ MORTGAGOR, a(b) in tM ~wM ~ny of wid swra of nwn~y ~
herein refened to be not p~omptly ~nd fully psid within thirty (30) d~ys next ~fter th~ s~ awralty b~cant dw ~nd payab4, wlthout d~nwnd or not~,
or (c) in th~ ewM each ~nd every tl+~ stipulations, sgr~antnls, conditions ~e?d cown~nri of wtd prpniswry not~ ~nd tAis ma~p~p~ ~ny w~Nt~ ~n rw1
~u~y, womPNy ane! fulh Per(wmed, d'acharged, eaearted, effected. con+Pleted. aompli~d with and abided 4y, tFwn tn ~itMr a any wd~ ~wnt tM atd aQ
gregate wm menrioned in said prpnis~py rwte thert remaininQ unpaid, with interesl ~ccnMd +nd ~ll motNyt s~cund. Mnby, ah~ll b~com~ dw ~nd pay~
ebte fw~hwirh, Of tI1Q{Nf1N. a~ fhe oprion of said MORTGAGEE, u fvly and compl~t~ly ~s if aIl of rFK saW awea of moewy vwn aqtndly qlpuut~d
vo be p~id on such day. anythinp in ~ax! promtuory aQSa er k+ th3a AAerrpape ro ch~ connary nonwF~Mraedi~pj and tlwr~upon w fl~?eift~r af tM optan Of
sa~d MORTGAGEE, without noric~ o~ demand, wit ~f law or tn pvity, therefors or th~rsaftK b~pun, may b~ prowtut~d a H ~I) mon~y~ Naird Iwr~by `
had mafiNft~ priOf f0 itf itlstifutial. ~
7. That in N+s ev~nt rhat at the beginning of or ~t ~ny rim. pendirg any wit ~rpon this Nbrpsp~, or to b~c1oN h, a fo ?efon~+ M, a te ~nfora
payment of ~ny diuns haew~d~r. s~id MORTGAGEE shall ~pply to the Caxt Mvug jwisdiction tMnof fa th~ ~ppoinhnM/ of a R~cdve*. wth CouN shall
Fcrrhwith ~ppoint a receive~ of ss' mort9sged property all snd sirgubr, indudu~g ~II ~nd suyuta tM Y+oorM, p?ofits,, iswM and nwtwe~ itpn r~h~t~vK
seurce derived. e~ch ~nd every o~which, et bcFnp expreuly w~cle?stood, a her~by maqaged ~s if ~pecifiul!y set forth and dNCrib~d In thi 9r~ntino and
habendum davses he?eof. ~e~d such Receiver shall Mve all the broad and eNectiw funct~oas and pow~?s in ~n~nwis~ ~ntnnud by a Cowt Ip a R~aivK. ~nd
~~;h appointment shaU b~ made by such Coun ~s an ~dmitted eqviry and s enattsr ~of ~bsolut~ right to s~id MORiGAGE~ and witliwrt nfe»no~ to tlw !
adequaq or i~adeq~~cy of the value of the property mort9ayed or to the solvency a insolv~ncy of said MORTGAGOR a tM d~f~ndam~, and th~t such
renrs, profits, income, issues ~nd revenues ~hall b~ applied by wd~ Receiver sccordinp M 1M li~r? or puify of s~W MORTG/IGEE and fM prsttlt~ of such
Court. ,
8. To d~rly, promptly snd fvlly perfam, discMry~, executi, effect, oanPlete, complY with and ~bid~ by wch ~nd wwy th~ ~tipul~tionf ~W~mnU,
conditions and coven~oq in s~;d promissory note and this mortyage set fo?th. ' ,
9. TI?~t in ths ~vent the avvnsnhip of the mat9sped P+emises. o~ +oY W~1 thsreof. Mtanq v~sHd in • p~rwn otlw? fh~n 1h~ MORiQeAGOR. tlN
MORTGAGEE, Fb wccesson snd su;gr», may, withovt nofice to the NIORTGAOR, dsal with ~uch sva~asor or ~uqy~or in intKpt with ~K~np to thb
~rorrgege and the deb~ he~eby secvred in the same manner as with Mortgapw withow in ~ny wsy vitiatieq o? d'ntharpinp tFw Mortpapon• Il~bility Mrf
u~der or vpon tbs debt hereby secured. fYo sale of the premises hereby matyaged and no fwbsar~nn aA t!» pa» of tFN MORTGAGEE or fM suatswr~
or aasigns and no extension o( the time for the p~yment of the deb~ hereby secwed y~ven by tIN MORTGAGEE w its sucps~ws or auipm, aMll op~raM
io release, diacMrye, modify chi~ge a affect the origiaal liabiliry of Ihe MORiGAGOR Mr~, ~ither i~ whol~ a in parf.
10. It'n specifically agreed that time h of tha essence oi this contract and th~t no w~lw? of arryr ob(ipation hawndt~ a of tM obllpatbn 1t
c,~red heraby ~II st soy time there~fter be Aefd to be a waiver of the terms har~of or of tM imtrurn~nt s~cw~d 1Nrby,
11_ In add~tion to fhe forego:ng monthtY payments of pri~c:pal and i~terest rpuired by the promia~ory noM setw~d hertby, enottp~ypr apv~n~eM~
a~d agrees to pay ro mortgagee w~th each montf~Iy payment an add~rional sum estima~ed by mortyspee to b~ eqwl 1p 1/12 of tlw anrwa! tqt of the fdlow-
ing:
A-All real property taxes kvied a assesse.~ agair~st the above desvibed real estate.
B-Premiums on fire +nd windstorm inwrance as hcrein requ~red to be urried on the improvem~nM ~ituat~ on th~ ~bov~ dytribld prMniNS,
C-Premivms on such mortgage gwranty iosunnce as mortg~gee shst~ from time ro w~e de.n, ftr ro cany on M,. ban ..ewd h.reby.
Mortgagee shal! from time to time notity matgagor io wriGng of the amount d~re and psy~bl~ Mrwnt4t and such wm ~hall iherwpon b~ dw aad
Fayable o~ the due date of the next monthty payment and each svccessive month thereaher until monyapea sha11 nofify mortyayor of ~ ~n wd~
a-ount. S~ch sums shall be apptied by mwtgagee toward the psyment of real prop~rty bicet, i~twanc,t premiumt, and mortyp~ Qyp~
ri~
premiumi. "
IN WITNE55 WHEREOF, the~RTCsAGOR has hereunto set his hand and seal tM yNr t
rr_d. kd and dslive•ed u+ p~oce of: ~
c7i~ ~~~i
~
- ~
_ fs..~
re"~
, S7ATE OF FLORIOA ~
~ couNnr oF St. Lucie
-
Befae me personally appeared Jase~h Peoni ~ t
Blanche Peon~ n;, ~,;re, fo ,~,~n k~ .~a w~, a~» r~ ~
0
! !he indiriduak described In and who execvted the foreyoirg Instru~r~r?t, and adcnowfedyed befon m~ th~t they ~zewted the sarn~ fw tM qxpw~s :
i therein expresled, A~d }h~ y:d • Blanehe Peoni ~
wife or ~r~ ,.;a Joseph Peoni - ~ ~ ~
examinstion by me taken sepa~ate and apart from her said husband, aduqw(edged ~p ~nd befpr~ r~ fhat aM execvfed s~id 'uutrument fieely ~nd voluo-
~anly and witFw~r1 any compvbion, tonstraint, appreF~ension, or~l~ex of or from 1~ said Iwsband,
~ WITNESS my hand and offic;al aeal this ~~~ls'°~ ~ 3e tember p. 19 66
, ~
• Notsry Publk in and for th~ Stat~ of Haida at lvp~ -
. . My Commission ~:pir~s: .
R~twn Ta. , Npwy ~K, State af Florida at Larya
Firsf Fede.•~ Sa~~. a twn Assoc~ar,w, AND 1~ ~r (,~uuq~~n Expires Nor. 3, 196~
Of fwt P~erce. Q~~CIE COE~N1`Y . ou
RECORO VERIFI~~' ~ y ~,w cai
fort Picrte, Florida
~--~~'7~ . ~l,~i' ~.~i~4. !
~ ~
~ '66 SEP 23 ~I 2 ' SS ~
_ 148f`?'2 ~ _ ~?~';;Lf~
ROGER POITRAS = ~ ~ G' : ~
CLff~K CIRCUf~ COURT - ' 4'
QVx155 -e,. V~v .
3?5 :;,,,f:;.:;..~;:~:..~~:
~r=Af' ~ ~
_ lj.
LLw.'`~'=~~
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