HomeMy WebLinkAbout1912 To plan ~nd aontin~ovsly kNp on th~ bulldinps now w hHe+ftN ~it~~t~ on iaid land ~nd on ~II equipn»nt and p~?wna~ly oovN~d dl? ~^b ^wrq'
p~, with ~11 pnmium~ therwn paid in fvl4 fir~ iew~~~nc~ in tM v~wl standard policy fam, in • sw~+ +pptowd bY tM MORTGAGEE, a+d wind~to~m
insw~a in tM wwl ~~~ndard polky farn, in • sum ~pprowd by ~h~ MORTGAGEE, in wch canp~ny w compani~t a thi MORTGAGEE may
dincq ~nd all fk~ u~d wi~tonn insvranc~ policits on any of said buildinpt. ~ny intt~t thK+in or part thK~of, in tM pqrep~t~ ~wn afor~id o~
tn axaa tlwnof, ~hall cont~in tM vawl standud ma~page~ claus~ or such o~M~ dau~ ~s tM Mo.t9+p~ ~?++y ~puin. m+kinp tM loas wdM aid pdE
cia. ~ach ud ~v~ry. WYabI~ w s+id MORiGAGEE as its interei~ m~y app~sr. ~r+d each and tvery svch policy ahall b~ (xanptly ~ss:pned w+d d~liwnd to
sny INW by ~aW MORTGAGEE ~1 furtiwr wtv~ify ro saW morty~ dabt, and. not :~ss than t~n (10) d+YS in adv+nct of tM ~xpir~tion of ~ath pol'rcy. ro d?
IivN ro wid MORTGAGEE ~ r~wsl tMrwf. topsthK wi~h • rocNpt for tM pr~miwn of wch rMewalj uid tF?H~ ah~ll b~ ro fu~ o~ windstwm inwr~ou
pl~pd on ~ny of s+id b~?ildirp~, any inte.~st tFkrein w pu~ thereof, u~less in th~ fwm and wi~h tM loss pay+bl~ as ~for~said: and in tM •v~nf ~ey swn
of rrwrwy beconw p~yabl~ und~? wch polity w poGdes s+7d IMORTGAGEE shall haw tM option ro ~ec~iw and ~pply ths s+m~ on +ccow~t of tht ind~bted- ~
nys sKw~d 1~~by w to permif s~id MORTGAGORS ro reoeiw snd us~ N a+~y part thereof for ofher purpoies. withouf thaeb/ waiving or impair- ~
ieq ~nY puiry. lia~ a ripht ~nde~ or by virtw of this mort9+9e: and in tl+e ~vent s~id MORTGAGORS shall fo? ~ny ?eason f~il to keep tM s+id pnnnisa so i
tro~nd, a fail to delivK promptly any of said polici~s of insw~nc~ ro s~id MOkTG~vEE, a fail promptly to pay fvlly ~.~y p.~miu~n tF?Kefor a~ u+y {
• rs~p~ct fail ~o pK(or~, dischup~. ~x~wt~. ~ff~ct. compl~te. comply wi?h u+d abid~ by this oovsnsnt, or any part her~of, said MORTGAGEE may p~+u and
P+Y fa tuth 6~w?anct or ~ny put tMr~of withovt waivinp or ~ff~ttinp .n~ oprwe. ii.o. .av~ry. u riyh~ undK a by virtw of this Mortpap~. a+d tl+t
f~ll xnovnt of ~ach ~nd ~very wch p~ym~r?t sMll b~ irm~edN»ly dw ~nd payabl~ and ahall b~ar inarest from th~ dat~ tiwreof until paid ~t tM ~~t~ ot
nir?~ pK oentum pw ~nnum u+d topethe. wfth such interest sMll be sacu~ed by tM li~n of this aw?tp+pe.
4. To pKmit, aommit or wffw ~o wut~, knp~irment w deterioratan of said property w u~y p~?t thereof.
S. To pay all +nd slnputar tl» oosb, ch~roes snd exper+sc~, includirg • re~sa++ble attwney ~ fee u~d costs of ~bstr~cts of thle, tacvrred o~ p+id a~
any tkn~ by s~id MORTGAGEF, beu~s~ or in th~ ~wnt of the f+ilure on the pan of ~M ssid MORTGAGOR 1o duly, p.o~+PfN +~+d i~ib w~a^~. ~ti+'~ ,
~x~cvt~, dfecl. mmpl~t~ oomply with a~d abide by ~~ch ~nd every the stipulations, ~g~eements, ca+ditio~s, and cownants of s+id p~omissory ~?ot~ ~nd this f
mortpap~ u~y o~ ~itha~. and uid costs, chw~ea a~d expN?ses. each and ~vKy, th+ll b~ immediately dus u+d psy~blet whetF+N a not tAere be rotiu d? ;
mand, ~tMmpt to tblbcl or wit pMdinqj and tF~ f~ll ~nt of esch and every wch payment ~all bear inter~st fran tl+e date tM~~of until p~id a1 tht '
nte of ~In~ p~r antum per anrwm; aod all said costs, charges ~nd expensss incwred o? paid, together with wch tMerest, sh+ll b~ s~evnd by tM IiM of thi~
^~D+~
6. TMt in tM ~wnt of any brtach of this Mat9a~ w defwU on tM p+rt of the MORTGAGOR, or (b) in 1M ~wnt ~ey of said wn+s of mo~?~y
MrNn r~fKr~d ro b~ oot pramptly and fully psid within Ihi~ty (30) days next sfte? the same severally bscan~ dw ar?d p~yabk. withoul dun~nd or notit~,
a W M th~ ~wnt ~ach u~d ~wry tl+~ stipulatiau. ~yreemsnts, conditions si+d coven+nts of sa~d promissory note and th~s malpa~ ~ny o? athsr ue nol
~uly, pranptly N+d ivlly pKformad. dixlwryed. ~xecuted, dfected, compkted, comp~~ed with ~nd ~bidsd btr. then M eithe~ or ~mr such ew++t tM s~id ~
prp~h wm m~ntaMd in uid promissory ~ot~ then remaini~p unpaid. with interest accrued, and all moneys ~cured. herebY. shall become dw and paM .
abl~ Eorthwith, or tMraaftsr, st tl+e opYwn of ~aid MORTGAGEE, as fvlly and compk~ely u ii +tl of tF~e said sv~r of ma~sy wtr~ orgin~lly atipulated
ro b~ p~ld on wd~ day. ~nylhtnp in s~id pramissory note ar in this Matgage to ~he contrsry notwithsundinp: and tMrevpoe w thereafar a~ the opuon of
wid MORTC~/1GEE, withow notic~ w d~mand, wit at law or in equity, therefore or thereah~r bcyun, may be pro~ecuted a if all ma~eys set~rd h~reby
hsi! enatwrd prior to its irutitutan.
That in fM ~vent th~t ~t the beginni~p of or ~t any time pe~+diny any wif upon this Mwtg+ye, w to foncloN it, or fo nform H, or to ~nforp ~
paym~nt of ~ny d~im~ Mrwnder, s~id MORTGAGEE shall spply to tF+e ~ourt having jurisdtaion thereof for the ~ppo~ntment of ~ Receiver, wch Co~?t ~hall
L~_.r ~~J ~~w~w u.~.a1~vY
c„_:L':S=i i~j.C»'ii ~ t0:.s:'.i s-~ i^..^.7:~'~j~ ~:C~zir cis s.zc se.:yves. s::{.::.si~::~j ezi 6rrs i:t T:. w.-- Y:...:.~: 'G'~^~~
wwc~ daivsd, eatA ~nd ~wry of which, it b~in~ ~xpressly w~derstood, is hereby mortgsged af if ~pecifiully set forth and dewibed M the p~u+tinq and
hab~ndum dsut~a Mreof, ~nd wch Receiv~r ~hall have ~0 the brwd and effeaive functions and powen in snywise entrusted by a CouH tp a Receiva, ~nd
such ~ppointm~nt ~II b~ m+d~ by wch Court u~n sdmitted eqvity and a m+tte~ of sbsolute rght to s~id AhORiGAGEE, and without r~fera~u to tM
~d~quacy o? inad~qu~cy of th~ valus of the p?operry mwt~aged or to tl+e sonrcncy o~ insolvency of s~id MORTGAGOR or the defendants, and that wch
r~n», profin, (nconr, iuws s~d nvenws sh~ll be +pplied by such Receiver xcord'u~y to the lien or pvity of said MORTGACsEE and tM pnctia of such
Gourt.
8. To duly, promptly aed fully pKform, dischsr~e, execute, effect, compkt~, comply with and abide by ssd~ and ewry tM stipulations, apnsm~nri,
condRions and oovenanb in s~id promiaory nole and this mw~gage set fali~. '
9. Th~t in tlw went the awnenhip of tM mortgaped premises, w any psA thereof, becomes vesnd in ~ pason other than tM MORTGAGOR, tM
MORTGAGEE, in svco~aton and nsip~u, may, without notice to the MORTGAOR, deal with such wcussw a«+cs~tsor ia interest with ~efere~ ro this ~
mortpp~ and tFN debf her~by s~cur~d in th~ ssme manner as with Mwtgsgw withovt in ~~y way vitiatirg or dixharyinp tlw Mott9+yors' li~bility ht~
unda o~ upon fM d~bt Mr~by secured. No ule of the premises hereby mo~tyaged and no fubearanoa on IM part of th~ MORTGAGEE w iri wccessors
or ~uipm and no ~xtension of the time fw -the payment of tFx debt hereby secured given by the MORTGAGEE w in successws a aasgns, sh+ll op~rat~ ±
~o ~dtase, diidurp~, modify chanp~ o~ sffect the wiginal liab~l~ty of the MORiGAGOR harein, ~ither in whols or in put.
10. It b specifk~lly p~eed th~t time a of tM essence of this contract snd that no waiver of any oblgation hereur~de~ or of th~ oblip~tion N-
cur~d Mnby shall at ~ny ti~rw ther~afier be t~eld to be a waiver of the terms hereof a of the irotrument secured herby.
11. In addition to tM fo~po:~g monthly payments of princ pal and intcrest required by the pranissory no?e secured hereby, mortpagor cOwnanb
. and apr~s to pay to mortpaqee with each naothly payment an sdd~~ional sum e~timated by mortgagce to be eq~sl to 1/12 oi the snnual tost of tM follow-
_
A-All rNl prop~rty taxes levied o~ aasessed ayainst the above described re~l estate.
B-Pr~miums on fin and windstorm insuranu ss herein requ~red to be urried on the imp~ovemenn situate on ths ~bove dewibed premiNS.
C-Premiumt on wth mortpa~~ ywranty iosurance as mortgagee shalt from t~me to time deem fit to carry on the loan secured hereby. t
' Mortpapee ahall from time fo time notify mwtgagor in writing of the amount due and payable herev~der a~d such sum shall th~reupon b~ dw and ~
~ pay~ble on the due d~fe of the next monthly payment and each successive month thereafter urtil mo~tgagee shsll notify mortgsgw of s chsrp~ in such
~ amount. Such sums 4hall be ~pplied by mortgagee tow~rd the payment of reat property t~zes, i~uurance prem:ums, and matgsqe gwr~nty i~surar~p
pr~miwM.
IN WITNESS WHEREOF, th~ said MORTGAGOR has hereunto set his hand and xal the dey and r fint afwesaid.
~ipMd, bd ~nd d~liwred in tM prese~c~ of: '
. yYl _ ~'i'l~1~1 , 4
n
' n ~
STATE OP FLORIDA ~
courmr of St_ Lucie ~
8afore ms pKaor?ally ~pp~ared Orvis F; G'Oiil'e@3T and
A 1 i~! A M9 B L' ~1L2+9 e~, his wife, to me well krawn snd known to me to b~
the (ndiridwb dewibed in and who ~xetuted the fore9arg inst`r~u~me% and acknowledged before me tMt they execwed the same fw the pwposes
?hersin sxp.ss~d. a~d tt~. saia A 1 i G e 1L e C eu r 4 A T
wife of rM wid Orvi g$, CQUrseg ' , upon • sepsrare end priwt~
exeminaYwn by me taken sep~rate snd apart from her ssid husband, adcrwwledged ro and before me that she execvted said instr~ment freely and volun-
rarily ~nd withoul any oompulsan, constrsint, ~pprehension, o fear of or from her ssid husbsnd.
WITNESS my Mnd and official ssal thi dsy of A. D. 19_bb.
Notsry Pvblic in and for the Stste of Fbrid~ at lu~
My Co~rrnission ~xpires:
Retum Ta. - ~f~ ~t. 0~ AOfldi it
flfit ~Na~ .SiY111Dt j LOifl Af~OCli110f1 ~~..t'~~~~s~~~~i` .
Of Fort P7erce. • - ~ " _ ~ ~
~A.Miw~i ,iipi a~ ~t~, 9
Fwt Pierce. Florida _ ~ • f ,
F1LED ~ OUi~iT1~R~#LA• : ~ t~_ a - :
$T. WC1~ ~ V~RII~1~~ ' ~ r;'
~ RECOR ~ y ~
.~'o/ - ~ ~
•
C~~/ ~':,Y •
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2:3Z ~ `
'66 SEP 30 PM
148~~$i,~G~ aooK~.~ 1~~
CLERK CIRCUIT COUR r
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