HomeMy WebLinkAbout2005 To pl~u and oonNnvo~?sly kNp on tM buildie~ps oow w Mr~aftK sitwt~ on said land snd on all puipm~nl and pNwn~lly oovKed by thta mwt¢
~p~ witl~ all pnmi~na tMreon p+id in f~~4 fin ie?iurane~ in ths ue~al studud poliey fwen, in a swe approwd by tM MORTGAGEE. ~+d wG+dato~en
insw~na h th~ ~nw) sandud policy fan~. In • sum approved by ~he MORTW?GEE. in wch company a compaei„ p tM MORTGAGEE n+ay
dintt~ ~nd ~II ftn uid wind~wrm iowranu policies on ~ny of laid buildinps, ~ny intKpt thsrsin or p~n tMrwf, i~ ~M .pprepan wm +f«.saW or
In ucaa IAenof. ~hall oonlaM fM wwl s~andud morrga~e~ cl~~ie a~uch otl~ claw• as th~ MortpayM may rpuin, m~Wnp tM bss w~dK ~aid po14
ci~s, ~ach u~d ~wry. paY+bl~ b s+id MORTGAGEE as its interest may ~ppear, u~d each and ~very iuch poliq ihall b~ promptly au:9ned and d~liwred b
any Mld by wid N10RTGAGEE ~s fvnhK acwiry to wid mor~ps~~ debt, and. no1 Itss tF?an ttn (101 d+ys in sdvanc~ o( tM ~xpiration of each polity. ro dr
IivM to ~+id MORiGAGEE a rw~ewal tMrwf, 1op~thK wi~h • rsctipl fw the premi~m of wch rtnew~l: u~d ~M?~ sMll ~x no f'u~ w windsram inw~~nc~
pl~pd on ~ny of t~id b~rildirqa, u+y intertst tl+er~in w put thereof, unteu i~ ~M fam and with ~M loss p+yabk u afor~said: u+d in IFK ~wnt ~ny ~wn
of enon~y b~cpn~s p~y~bb wwl~r such policy o~ pol~cies s~id AWRTGAGEE sMll A~w tM option to rec~iw ~~?d ~ppty tAe sart?~ on account of tM ind~btd~
nNS sKw~d hK~by p a pKmit said MORiGAGORS ro receiw and us~ It or ~ny pa.t thereof ta o~her purposes, wt~hout ~hereb~ waiving a~mpair-
Irp ~ny puity. li~n w~ipht undN u by vinw of this mortya~; snd in tM ~wnt sa~d MORTGAGORS sAall fa My nason f~il ro kesp tha s+id pnn?ises w
insund, w iail b d~liwr promptly ~ny of s+id polici~s of inwru~t~ Io wid MORTGAGEE. w fail promptly to p~y fully any premivm therefa or in ~ny
~~sp~ct fail b pKformi, dischu~e, ~xscute, ~ff~ct, compl~t~, comply with u~d abid~ by this oova.+ant. a any put herwf, said MORTGAGEE m+y p~ac~ ~nd
pay for wd~ kauunc~ w ~ny pirt thKeof without waivinp a aff~cttnp ~ny option, li~n, puity, or rph~ ~ndK a by virtw of this Mort~ap~, a~d the
fvll ~nount of ~ach ~nd ~vNy wch paym~nt tMll b~ immedi~tely dw and pay~bl~ and ah~ll be~r intcrest from th~ dat~ thereof ~ntil p~id tM rat~ of
nin~ pN qntvm p~r antwm and topether with such interast sF+~ll be secvted by th~ lien of this mo~tq+pe.
To p~rmit, oommlt a wffw no wast~, impa'ument ar detsriw~tion of said propsrry a any put tMreof.
S. To p~y all ~nd t4+pular th~ costs, ch+r~es uid expenses, ie+clud'uq a reason~ble attwney's fes and cosn of ~bstracts of titk, incvrr~d w p~id at
~ny tim~ by aid MORTGAGEE, b~aua~ w in tM ~vent of the fsilure on the p~t of ~he said MORTGAGOR to duly, p?omprly ~nd fvlly pKform, d~uh+rpR
ax~cvt~, ~ffec1, oompkt~, oomply with and ab+de by ~ach and evcry the stip„la~ans, .greernenn, cnndt~~o~s, •nd cov.nann of ~a~d prom~ssory not. +nd thi~
mortpap~ any o? ~itha. u+d said oosu„ dwyes and eapenses. each and ~wry. ~II b~ irt~mediately dve and payablr, whether a ~ot ther~ bs notiu d~
mand, ~tt~mpt ro oolkct w wit pt~dirgj and tM fvll amo~mt of e+ch ~nd every such psyment shall bear internf from ~M date thereof until paid at tM
reta of nln~ per centum per a~wiwn; ~nd all said costs, charpes and expenses incurred or paid, toge~her w~~h such tnt~rNL sMll b~ s~ev~ed by tM IiM of tha
6. TMt W in the ~wnt of ~ny braad~ of this Mwtysp~ or default on tM pan of the MORTGAGOR, a(b) in tM ~vent ~ny of ~atd sums of mon~y
herdn nf~n~d ro bs not promptly and fully p~id within thi.ty (30) days next ~frer the same sevaally become dut ~nd payable. witho~t d~mand a notiu.
or (c~ In the twnt ~ach and ~v~ry the stiputations, sgreements, conditia+: and coven+nts of ~a~d promiuory note and th~s matpap~ ~nr or ~ither ~r~ nol
iuly, prewnpNy and fully p~rfwm~d. d~scMrged. eaecvted. effected. compkted, complied wi~h ~nd abided by. then in either a any such ~wnt tM uid ap~
pnQ~it wm m~ntioned in uid pi~omiswry note thcn ~emaininp v~paid. with intmest scuued. and all ma+eys s~t~nd. httaby, sMll becom~ dw and psy~
~bl~ forthwith, o~ tMrsah~r. ~t tM option of said MORTGAGEE, ~s fvlly and completely ss ii all of the said suma of mor?ey were oripinslly stip~lated
to b~ p+id on wch d+y. ~nythiny in aid promiuo.y noro or in this Mort~age to the contwry no~wi~hsrandiny; ~nd thKwpon or thereahK at tM op~ion of
uid MORTCsAOEE. without r~ic~ a dam+od, svit at I~w or i~ equity, thereforo or thereafter bepun, may b~ prosecut~d as if ~II moeey~ acund htr~by
Md rMtw~d p~io~ lo its inttitution.
That in tM ~wnt th~t at the beginnin9 of or at a~y time pendiny ~ny wit upon this Morty~ye, a~to for~clos~ it, or to nform It, p to Mforp
paym~nt of am? d~ims Iww~d~r, s~id MORTGAGEE sMll apply to the Cwrt having jvrisdiciwn therwf for th~ ~ppointme~t of ~ R~ceiwr, wch Caxt sMll
FwthwMh ~ppoinf ~ r~ceiw~ of s~~ mortpsQed property all and singul~r, includ~ng all and singulsr tM ineorn~, profits, iuws and rawnues from what~v~r
wurc~ daiwd, ~acl~ aad ~vtry which, it b~inp eapreuly undersrood, is hereby mwt9aged u if specifica{ly set fwth and dMCribad in the prantirp and
hab~nduen dauas I+erwf. ~nd wch Receivtr sh~tl have ~II the broad snd eftec~ive funct~ons and powen in a~ywise entrustd by a Coun ty a Recaiv~r, snd
~uch ~ppotntmtnt ~MII b~ mad~ by wch Cour~ u an admitted equity and + matter of absolute right to said MORTGAGEE, u~d withoW ~~fertnt~ to th~
adp~~cy a ie~d~qwcy of Mw wlw of tM property mwtps~ed or to the sotvency or insolvN+cy of said NIORTGAGOR a the defendanb, u~d that such
renn, profits, Incane, iuues ~nd revemies thall be applied by such Receiver ~ccwdinp to the lien ot puiry of s~id MORTGAGEE and th~ pwctiu of wch
Courf.
8. To duly. promptly and fully perform, d'~scharge, execute, effect, complNe, comply with snd ~bid~ by sad~ ~nd ~very tM stipulatioes„ apr~ertwnb,
cond'diom arid toverw~n in said promissory note and this mortyage set fath. '
9. Th~t in th~ svent rhe ownenhip of the morrgayed prcm~ses. w any p.n thereof, becomes ws»d in • perwn othe. th.n rhe MORTGAGOR, tl»
MORTGAGEE, itt successon and ~uiyns, m~y, without notice to the MORTGAOR, deal with such ~vcussor or succ~ssor in iroerest with rtfaa~ce to this
mwtyp~ and ths dcbt hersby secvred in tM same manner as with Nbrtgagw without in any way vitiatinp or d~scMryinp the Mortyspws' li~bility l+~r~-
und~r a upon tM debt Mreby secvred. No ule of the premises hereby mortgaged and no forbear~nu on tht paA of th~ MORTGAGEE w in succesias
or ~ssipns snd no exte~nion of tht time ior the paymem of the debt txreby secured piven by the MORTGAGEE a in successors w auigns, ~hatl operat~
ro r~kaf~, diuMrp~, modify cMrg~ o~ affect the o?iginal li~bility of ~he AhORTGAGOR herein, either in whole or in put.
10. It h apecifiully apreed that twne is of the essence of, this contr~ct and that no waiver of any obl'~patan herwnde~ or of the oblip~tion s~-
cund Fwrtby shdl at ~ny t6n~ thereahar be held to be a waiver of the terms hereof a of the irutrument secur~d Mrby.
11. In addifion to ths fwego:ng•+t~Onthly psyments of princ'pal and interest required by the prom~sswy note secured F~ereby, mortpsgor tovlnanb
and ~rses to p~y to mortp~gee with each monthly paymcnt an addirional ium estimated by mortgagee to be eqwl b 1/12 of the annual cost of the follow-
iny:
A-All real property taxes kvied or assessed against the above dexribed real estate.
B-Premiums on fin and windttorm insurance as Fxrein requ;red to be urried on the improvementa siwate on the ~bove described premises.
C-Premiums on suth mortysge gwranty insurance as mortgagee shsll from time to time deem fit to ca?ry on the losn setured hereby. `
i
i Mo?ty+pee shall from time to time notify mortgagor in writing of the amount due and payabk hereunder ~nd such sum shsll there~pon be dw and
paysble on the due date of the next monthly payment and each succcssive monfh thereafier ur.tit mortgagee shall notify mortgagw of a chanpe in wch
. amount. Such sums shall be applied by mortgsgx toward the payment of rosl property taxes, inturance premiwns, and mortgage ~uaranfy insunnc~
premi~weq.
IN WITNESS VYHEREOF, the said MORTGAGOR has hereunto xt his hand and seal the day a fii t afo esai
Sipewd, I~d and d~lhnr in of: ~
s
4
~ ~ ~
• o--~
~ a.- - rs..q
~--n
ATE OF FIORIDA ~
courmr oF S t. Luc i e
eefon m. Peqoo.~ly a~e..ed ~ B_ Hut~hi n~pn a~d
Mel isaa Hutelsinann hK ~t~, ~a ~ W~n k~o~, .~,a k~ ~o ~~o b.
rhe indlvidwb described in ~nd w!a executed rhe fwe9oiny instrurnent, and adcnowledyed before me tMt tFxy executed the ssme fw ths pwposes
~he.e~n .,cp,e,,.d. ,4,d th. Me 1 i a a a Hut e hin a on
wife of th~ wid - Cr. B. gtlf'iC~IISOII • , upon • separate ~nd priva»
examination by rne bke~ stparat~ and apart from her s~id husbsnd, adu~owledged to and before me that she executed ssid instrument freely and vol~n-
tarily and witho~t any comp~rbion, constraint, apprehension, or f u of w from her said Fwsband.
WRNESS my hand ~nd official se+l thi day of A. D. 19_~1.
uy Pvbl'~c in and fw the St~t~ of Florid~ at Lup~
. . ~ ~ : UI1~ Cortirtuuion ~~es:
Retum Ta
fiM f~d~ra' Savinps 3 loan As~ocistan •'s. N0~ PII~K. ~t! O~ HOlldi it Vfq!
Of Fort Pierce. ~ ~ ~ ' ~ ~ ~ ~ ` = ; Ceea~issio~ E~ires Sept. 23. 1969
Fort Pierce. Fbrid~ ~ - , ~ ' ~ b.M1 h Fw i c,~s+.Yr Co.
F~~ 0 AND RE~RO~o = : : ; _ ~ ~ _ f , . _ -
ST. l.UC1E COU F~ _ . ~ _
- RECORD VERIFI~D _ ~ - •
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~ 1 : 2q ~ .ti;.
66 OCT ~B~M ~
ROGER POITRAS
CLERK CIRCUIT COURT~_ 600~~W PACE ~Oz
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