HomeMy WebLinkAbout1631 To pl~ and conti~wously kNp on th~ buildi~+ps now a hK~afiK Wtw» on ~atd I~nd ~nd on all equipnw~M ~nd p~sawlly aovK~d bY this nw~~0'
ap~, with aY p~~miu~nf thereon p+id in full, iw~ i~n~c~ in tFN uswl uandud polity fan1. in ~ sun~ approwd by th~ ~flT~GE~TGAGEv+~
Y+swant~ M 1M wwl stsndard potity forrtl, in • sum approv~d by th~ MORTGAGEE. In such t,omp~~Y a oo^'PMi~s
dtrocry ~nd ~II f1n and wind~~wen imur~na polides on any of ~~id bu+Id~np~. +~w Mt~nat tlrrNn o: pat th~rwf, in tM aQ~p+t~ su~ ~for~wid a
In acaa tMrwi, sMll conain tM uswl sund+rd mat9a~N claus~ a such whK dws~ as. tM MortppN nwy nqu~n~. nwktnp ~M toa u~ ~id ?~oli~
cia. ~ach ~nd ~vNy. WY~bI~ w s+id H10RTGAGEE ~s in i~t~rest may ~ppear. ~nd Nch u+d ~w?Y s~ PdKY ~+11 M P~~Dtly atfq~ed and d~~iwr~d W
~ny Mld by said MORiGAGEE as further security ro said mort~aye d~bt, ~nd. oot leu tMn qn (10) d+ri in +dv+na of tlw txptr~tion of ~ach policy. to dr
livK to said MORTGAGEE ~ renewal thereof. top~~Mr wi~h ~ ~ece~pt fw the pnmivm of such r~n~wafi ~nd ~I+en ~h+ll M ~+o fir~ o~ windi~am iowra~u
plaad on any of aid buildirps. ~ny interest ther~G? w put thereof, unleu in tM form and wi~h ~M tos~ p+yabb ~s ~for~s~idr u+d in tM ~wnt aoy win
of nweNy becorna pay+bl~ ~ndu wch policy or pol~ciss s+id MORIGAGEE shall haw tM option M naiw +nd apply 1M s~me on ~ccow~l of tM hd~bted~
nys i~cwed Mnby o~ a parmit s~id INORTGAGORS to noeiw and us~ 11 ar ~ny puf theroof fp othet pwpossf. without thtr~by waivinp a uep+k- -
i~ any ig~~ry, t~sn or rip4t vncler u by virtw of thl~ ?r~o~tQ~r end in ~I?~ ~vent said MORTGAGORS sha0 tw aoy n~sa? f~il to keep tl+~ aid pnmwa w
insured. or fail w deliver promptly any of said policies of irnura~+ce ro said MORTGJ?GEE, a f~il promprh ro paY fully ~ny p~.niwn tMr~fa w in ~n~
nspM fsil eo p~rform, d'~scharqe. exscurs. eHed, compkte. comply wirh ~nd abiiM by thb ocvan~nt, or ~ny pa?t h~rwf. said MORTGAQEE maY p~+a +^d
paY fa wch inwranc~ o~ any put 1Mraof witha?t w~ivinp or affectinp ~ny optaey li~n, puiry. or ripAt ued~r o? by virtw of this Mort~. ~nd tM
full an+arnt of sach ud ~w~y sucl+ payme~+t sMll b~ irnmedi~tey dw and pay~bl~ and sh~ll bsar inter~st from tM dat~ the~wf vntil p+id at th~ raN ol
nine pa centum psr ~iu?um and tog•ther wi~h wch ~~~e.esr shatl be :acvred by ~M tNn of ~ha mon9ap..
1. To pe~mit, commit or suffa no wut~, impaLment or deteriaation of iaid property or any parf th~rwf.
S. To pay all and ~i~gulu tM co~n, ch+rges and exp~r?:es, includinp s naon+bl~ anorn~y'~ h~ «+d oari of ab~tr~ds of titl~, Mrcwnd o? p+id ~t
any twne by said MORTGAGEE, because w in the ever~t of tM failur~ on th~ pxt of 1M s+W MORTGAGOR w duly, promp~h? Md iv~~Y P~~ i
e:ecvte, effect, oomplete, comply with and abide by each a~d every rhe sr~pvl.~~s. .preemeen. c«~d~rioea. •od aown+nn of .aid promiiwry ~oN aid t~w .
mwtyays any or ei~her. and said cwn. charqes ~nd expenses. each ~nd svery. sMll b~ immed'ut~ly dw u~d p+yabl~t wMtMr or not tMr~ b~ notia dr t
mand. ane+npt ro collect w suit pending; and the f~ll arrwunt of each a~d evMr wch psyment sha~~ bear int~nq fran th~ d+q tMnof unNl p~ld tl tl+~ ~
rate of nine per centum pe~ annum: and aii said mst~, ci+argts u+d eapenses incwr~d w p+id. ictp~itwr with tucA t:uarssl. sluf! bs ~atrsd by tM li~e? oi thi~
^wrtp+p~• • ~
b. ih~t in the event of sny b?each of this Mort9ay~ or defa~lt on tlr part of ths MORTGAGOR, or (b) in tM ~wnt any of s+id ~u~ of mon~y ~
herein referred ro be not promptly and fully paid within thiry (30) dsys r+ext afre. the same s~vaalty beca+w dw ~nd pay~bl~. withoW d~m~nd w notia.
or In tM event each ~nd every the stip~tations, agreemenn..conditions ae~d cown+nts of s~~d pranisiory not~ +nd tha nw?tp+W ~^Y a ~ItM? ~n nol
iuly, promptly and fvlly performed, d~xharged, execvted, ~ffected, compkted, aompl'~d with and ~bkkd by, th~n M~itlwr a ~ny wch ~wnt tl» aW ap !
gregate sum mentaned in ssid {xomissory note then remaininp unpaid, with interesl ~tuusd, ard alt moMys Ntw~d. Mt~by. ~hall bloome dw ~nd Fvy~ '
abte forthwith, or nc~reahe~, ~t the option of said MORTGAGEE, si fvlly and compktely at if all of th~ s+id ~u~ of nwnty vwr~ aiptn~lly ~tip~lat~d ~
to be paid on such day, snythirg in said pranissory note or in ~his Mo.ty+9e ~o th~ conuary ~wrwirhs~u~dinps aed fMn~poe a tlw~aher tM op~ion of ~
•s7d MORTGACaEE, without noY~ce o? dem~nd, wit at law or in puity, ~hereton or Nwreaher ba9vn, may b~ proNCw~d a ff all morNy~ aa+r~d I~u~b~r ~
had mafured prwr ro in ins~iwtia~. ~
7. That in the event that ~t the bcginning of or at ~ny time pend'np any wit upon this ~Ilwtpay~, or to ~ondow h, a to nform k, q to ~nfora ~
payment of any daims he~e~?nder, said MORTGAGEE shall apply to the Coun Mvin9 'ryrisdiction tMnof fw tM ~ppointnwnt of • Rec~fwr, wth Coun ~hall
Forthwith appoinf s recciver of sai~ mortgaged property all ~nd sin9ul~r, intludug +~I and iugular tM inoom~, ptofit~„ ksw~ and t~wnws frpn wMt~vN
source derived. eath and every o~ which, it beinp txpreuly ~nderslood, is hereby mortgaged ~s if apetifiully wf fotth and d~wib~d In thi ~~ntinp and
habendum clavses hereof. and such Receiver sl+all have sll the broid uid effenive fund~ons and powKS in aeywiw Mtws»d by ~ Carrt tp ~ R~aiva. ~ed
wcn apptsinirne~i ahall ba mada by 3uth Cs.ur: an :~.::::Y3 ~::Er; a.x~ s::~~a ef e!~solute reQht ro ta~ l~44RTGAGEEs ~nd withow nf~nna to th~
edequacy or inadequacy of the valw of the p?operty mo+tgaged or to the sowency w inw~vencY of s~id MORTGAGOR a tM d~f~ndann, ~rd th~t wch
rents, profits, income, iuues and revenues shall ba applied by such Reteiver xcwdinp to tM lien or puiry of Mid MORTGAGEE artd tM patfiq Of wth
Court.
8. To duy, promPtly snd fully perform, diicF~arge, execute, effect, complete, comply with ~nd abid~ bY ~+d~ and wKy tM stiPutatkm. ap~~em+~tt. i
conditio~s uid covena~ts in sa~d promiuo?y note and this mwtgsge set forth. ' -
9. That in the event ti?e ownership of the mortgs9ed premises. a ariy put tF~eof, beoaews vestd ln a pKto~ otMr tlwn tM MORTGA~'iOR, th~ '
MORT6AGEE, Ht u?ccessors and ~uigns, msy, without notice to the MORTGAOR, dcal with such wa~awr or ~uoiMSOr in iM~r~st with rtfennc~ ro thb !
mortgape and the debt hereby xcured in the same msnner as with Nbrtgagw without in ~ny way viliaYup o? d'achuyinp tM Morl~apors' N~bflity h~rf
under or upon the debt hereby secured. No ssle of the prem~ses hereby mortgaged +nd no fwbear~no~ on tht p~n of th~ MORTGACaEE a Ns wocKSas •
or sssigns and no extens"ron of ~he time fa the payment of the debt hereby secured yiwn by the. MORTGAGEE a its suoonwn or asaipns. ~hall Operat~ 4
ro release, discharye, modify cFWnge or affect the original liability of the MORiGAGOR her~in, either in whol~ ot in put. ~
10. It is spec~fKa11y sgreed that fime is of the esxMe of tha cororxt and that no w~iwr of ar+y obli~ation Mrwnder or of tM obllpation N- i
cured he?eby shall at any time thereafter be held to be ~ waiver of the tsrms hereof or of the irotruen~nt Ncw~d Mrby. ~
11. In add;tion to the forego:ng monthly payments of princ'pal and interest required by the promiswry note tetured hereby, inOtf9+yor eow~M~b
and sgrKS to pay to mongagee with each monthly payment an additional sum estima~ed by mwt9a~ee to b~ tqwl ~O 1/12 of tM annu~l ooaT of th~ follow- ~
ing:
A-All real property taxes kvied or assessed agai~st the above desvibed real est~te. f
B-Premiums or? fire and windstorm inswante as herein' requ~red to be urried on the impowm~nh sNwt~ on ih~ ~bov~ dlKribtd phmh~s. ~
C-Premiums on such mortgage 9uaranty i~surance as mortgsgee shsll from time to time detm fit to t~rry on th~ lo~n sKUr~d hertby.
Mortgagee shall from time to time notify, mortgagor in writ~ng of the amouM due a~d paysbla here~nder and such sum sMll th~r~upon b~ dw ~nd '
payable on the due date of the next monthly payment and each succeuive month tF~ereafter until morfpsgee thall notify mottgagor of a thary~ In wch
amount. Such sums shall be applied by mortgagee toward the pay~nent of real property taxes, inwrance ptem:ums, and mort9ap~ pwwnty Inwrant~
premiwns. ' ~ ~
IN WIiNE55 EOF, the said 1NORTGAGOR has he?eunto set his hsnd and se+t the day and y~ afora+id-
Signed, Se+led d de ' r in 1 of: -
. ~
~
n
~ ~o
;
STATE OF FLORIDA t ,
courm oF S t. Luci e
Before me personally appeared HugO W. FQy9 and
El si e K FeYQ bis wife, to me weu knonn+ ana kiwwn w m. ro b.
rhe individwb described in and who e:ec~fed the foregoiny instrument, and ack~wwledped be~
yro m~ th+t N~ey ~cscutad tM sarn~ for tM purpaes ~
therea~ ~~xsssed. Md ths sai' 8 i e K• r e~e ,
wife of tl+e said ~Ll$O W• F'9~9 - , upon a sep~?ate and priv~t~
examinaYan by me taken sepsrate snd apart from her ssid husband, atkrawledged to and befwe me thaf she execvted s~id instrument ftsely and volvo-
tarily u~d withovt amr compulsion, constrsint, appre ',y~ feu of or from Mr said ~ndtd er ~
WITNESS my hand and official seal tFii day_of ep ! A. D. 19
. . r,o,~ wwK «+a ra s,. ~
b ~~a. u~~.
. ~ Mr c~~on .:vK.a Z
Retum Ta. . ' = -.r 'A 2t [ARGB
F~nr F~,i s~~ : a ~ w~,«~ar•~, ~ ~ ~ ~ NOTf~~r r ~ ~ : - . _ _ ~ :
u~9 ~i~uiuunr~'" . ' ~'J. 29. 1368
Of Fort Pierce. ;~~t ~~~ir. ~II~ C~,..,~.~,......:1
CS C. ~ONDED Tes~O~GH Fit=7 W. DIESTEWORt
fort Pierte, f(wida V~,.•• • . , ;
~ . ST ~V ANO RECQRO~p
- ~ • ~ O'i
- . ~ ~ - , ~E C~UM~'Y, Dl.~4.
_ ~ o ~ - RECORD VERIRIE `i
.
. - zJ,'`A~ r ~ ~ ~G ; ~ . '66
. ~ SEP 26 pM 3: 32
• 148`y12
ROGER PpITR~
~ - CLERK CIRCV~j Qp~RT
s~R~~55 4?~
ft~4
_ _ : .
„ t.~ f.~ -
~=tw.