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HomeMy WebLinkAbout2579 ~ To pl~c~ ~nd continuouily k~p on tM buildinps now o~ M.e+fter ~itwt~ on said land s~d on all equipm~nt ~e~d pKtpn~lly covtr~d by tAii mortp~ ~ p~, with ~II ptmivms thereon paid in f~ll, fir~ insurance in tM ususl standard policy fam, in a~um approved by tM MORTGAGEE, ~nd winditam Mswanct in tM viwl ~undud pol~cy fam. in ~ wm spNrovad by ~M MORTGAGEE, En such compa~y or compa~i~s ~s fM MORTGA~ifE may dihdt +nd all flre ~nd wind~rorn? ii?wr~nu polKies on ~~y of said build~np~, ~ny ;n~er~st therein w p~rt therwf, i~ tt» ~y~yrepu~ wm ator~aid w In uca~t Ihtnof, shall com~in tM uswl itandud mortgage~ clause w such otha cl~u~ ~i tM Mwt9ages may rpu'u~. m+kinp tM loa undK wid po1E dN. Nch and ~wry. paY~bl~ to wid MORTGAGEE u ib ime~est m~y ~ppear. a~d c~ch and every i~ch policy shall bt prompfly a~s:pned a~l dtliv~red to anr Mld by s~id MORTGAGEE as fu~thsr seturity to s~id mutgage debt, u~d, no~ les~ than ten (10) dayi in advanc~ of the e:pi~ation of ~~ch policy, to dr liw~ 1o a~id N1pRTGAGEE • r~wal thereof, Iop~tFw~ witA a roteipt iw the premium of such ?enew~l; and then ~l+~II b~ ro fu~ w winds~am ~atura+a~ ~ pl~pd on ~ny ot iaid buitdinp~, ~ny in~a~st thKei~ or p~rt thsreof, unleu in the form and with ths loss payabt~ ai afa~uidj a~d in th~ ~v~nt ~ny wm i of mo~tY becorrws p~y+ble w?d~~ such policy a p~lici~s uid MORTGAGEE sMll fiaw the op~ion ro ~eceive and ~pply the same on acco~M of th~ ind~bted- ~ n~ wcw~d F?aeby w w pKmit s~id MORTGAGORS 10 ~eceiw ~nd use i1 w any part thereof fw other pu~poscs, withoul ~hr?cb~ waivi~~ a~mpair• t ~^p ~^Y ~W+~b. I~M a riyht unde? a by virtw of this mortgaye: and in the event sa~d MORTGAGORS shal) fw ~ny reason fail to keep the said p~emisa io ! inwred, q hil W d~livK promptly aoy of said policies of insurante to ia~d MORiGAGEE, w fa~l promptly fo pay fvlly ~ny premium therefor w i~ any nap~ct tdl W pNiorn~, discharye, sx~cvte, eHett, canplate, comply with and ab~ds by this cover?ant, a ~ny part hereof, said MORTGAGEE nuy plx~ +nd P+y fa wth inw~ano~ or +ny part th~reof without w+ivinp p ~ffedinq any option, lien, p~ity, w ri9ht urnler w by virtw of thit Mort9sp~, u~d tM fvll amount of ~ach and ~wry wth p~ymMt shall bs inwnediataly dw and payable ~nd ahall bcar inteie~t from th~ dat~ the~eof vntll paid at tM r~» 01 niM p~t qntum pK ~nrwm uid toyethe~ with ~~ch intcrest ~hall be secured by tM lien of this mortyaye. 4. To pKmit, oanmit at suff~r no wsst~, imp~irmem or deteriw~iion of said prope+ty w any psM tl~e~eof. S. To pay ..11 and slnpulsr tM coiy, ch~rge~ ~nd expenses, includ~np a reason~ble ~ttwney i fee ~nd cwts of abstracts of title, incurrd or p~id ~1 any t1m~ by said MORTGAGEE, b~cavse w in tht ~vent of tha failure on the part of the said MORTGAGOR W duly, promptly and fvlly p~rfam, diuMroR ucecvt~. ~ffset. oompl~t*, oomply with ard ~btde by ~ach and every the stipula~~ons. agreeme~ts, cond~tions. and covenantt of said plb~nissory not~ a~d thi~ any or eiths+, ~nd said co~q, chupa and expe~ses, each and every, shsll be immcdiarety due and payabte; whether or not the.e b~ notic~ d~ ~~n~n+pt ?o colkct q wif p~ndinpj and tht full amoum of each and rvery such payment shall bear interes~ from tM date thereof until paW ~t tM r~h of niM pa~ untum per u~numj and all ~aid coatt, chargea ar+d expenus incurred w p~id, together with suth iroerNt, shall b~ Ntur~d by tl+~ litn of thif ~q~ 6. T}wt in th~ ~vent of ~ny Mexh of this Mortgspe w defautt on the part of the MORTGAGOR, o. (b) ie tF+~ ev~nt ~ny of ~a~d sums of mon~y h~?ein nf~n~d to b~ not promptly and fully paid with~n thuty (30) days ~exf after 1he same seve.ally become d~e and pay~bte, without d~msnd w notic~, o? W In tM ~wnt ~ach ~nd ~very th~ stiputalions, agreements, condirions and covena~ts of sa~d p+omiuory oote and this mortpaqe any w ~ither ar~ no1 ~+ly, pranptlr uid fully pNfo?med, d~sch~rged. axacutcd. ~ffected, compkted, complied with snd ab~ded by, tMn in eitM~ or ~ny iuch ~wM tM wid ap prpah tum m~ntiw»d in uid prom:uay nore then remainin~ unpaid. with interest accrued, and a11 moncys satund htreby, thaN bscane dw and paM able fo?thwith, p fFN~NftM~ ~f tM option of said MORTGAGEE, as fully and completely a~ if all of ~he wid i~rn~ of money were apinally stiputated to b~ P+id on ~uch day. anylhlnp in ia~d promiuory note or in this Mortgage to the con~rary notw~rlnundinp; ~nd ~hereupon or thereafte? ~I ths option of s~id MORTGAGEF, witiaut notiu o~ dsrtund, w;t at law or in equ;ty, rherefore or theicaire. begwy may b~ prpecut~d u if all rnoneyt s~cund h~t~by Mi1 nNtund ptior to iri irotitutioe. ~ 7. TMt in tM went tMt ~t tM bepinnirg of w at any time pend;ng any wit upon this Mortgsge, or to foreclou H, or to ~eforr~ tt, or to ~nforq p~yment of a~y dium hN~und~r. ~sid MORiGAGEE shell apply to the Cou~t havirg jurisdrction fherso! fa th~ appointment of ~ Reteiwr, such Courf sMll fOrthwhh ~ppOiM • rKlivN Of sai~ mortpayed propeny all ~~d singvlar, includ~~g all and sinqular the incom~, profits, issun and rtwnues f?wn whstw~r qura dNiwd. eath ~nd ewry o# which, it beinp expressly understood. is hereby mortgaged ss if spec~ficatly set forlh ae~d d~wib~d in thi ~ranrin~ind h+b~ndwn clauiea henof, ~nd such Receir~r sMll have ~II the brwd and effeciive funcnons and powers io ~nywise entrwt~d by ~ Court tp • Receiva, ~nd such appointment ~hall b~ mad~ by wch Gourt u an sdmitted equity and a rr~tter of absolute rght to said MORT6AGEE, ~nd witl~ouT refer~nt~ to tM ~dpu~cy w inad~quacy ot the vslw of the property martgaged or to rhe wwency or insolvency of said MORTGAGOR or tM defendants, and that such r~nt~, profits, incoin~, i~sues ~nd rwenues shall be applied by ivch Rece~ver according to the lien or equity of said MORTGAGEE and tl~e practic~ of such Court. , 8. To dufy. prompNy ~nd fully p~rform, distharpe, execute, effed, compkte, compfy with •nd abide by each and ~vsry 1Ms stepu`itiaw, ipr~r?ts. conditlons u~d coven+eh in ~aid p?ombsory nots and this mortgage set fath. ~ ~ 9. Tlut in ths event the own~nhip of the rnortgaQed premises. w any part thercof, becomes vested in a perwn other than tl~e MORTGAGOR, tl+~ MORTGAGEE, its tucc~uws ~nd ~u;9ey, may, wifhout notice to the MORTGAOR, de+l with such successor w succt:sor in intero~t with refNt~ce fo this r?wrtp~ ~nd fhs debt hereby setur~d in ths same manner as with Mortgagw wirhour in any way viti~tin9 p d~xFuryirg the Mortya~prs' liability herr und~r w upon 1M debt hereby secured. No ula of the premiua hereby mortgaged and no fwbe+rance on the part of tM N10RTGAGEE w iri suctetson or usqnt and no ezrension of the time for the payrneM of the debt hereby securcd yiven by the MORTGAGEE or its sucusson or assiyr?s, sh~ll opK+t~ ' b r~leau, discMrpe, modify thsng~ or affett the original liab~l~ty of the MORTGAGOR herein, either in whole a in parL ~ 10. If Is spetificatly apreed tMt time is of the euence of this contract and IMf no waiver of any obligation hereurwkr p of ~ths oblipation tr ~ cw~d Mrsby ~haU at any time thereaher be held to be s waiver of the terms hereof o~ of t!x instrument secured Mrby. ~ 11• In add~tion to tAe forego:ng monfhly payments of princ'pal and i~terest rcqu~red by the promiswry nore secured heroby, mortyagor cown+nri snd agrees to pay to mortgsyee with each monthly payment an addi~ional sum estima~ed by mortgagee to be equal to 1/12 of the annual cost of the follow- irg: A-All rNl properfy taxes levied w assessed against the abave described mal estata B-Premiums on fire and windstam insurance as Ixrein requ~red to be wrried on the ~mprovement~ sitvate on the above deuribed premitet. C-Premiums on such mottgage guaranty insurarce as mortgagee shall from time to time deem fit to carry on the ban secured hereby. Morfgsgee shsll from time to time notify mortgagor i~ writing of the amount due and pay~bte hereunder and tuch sum shall thereupon bs dve and payable on fhe due date of the next monthly payment and each successive monfh thereafter until mortgagee shall notify mortgagor of • chang~ in wch •mount. Such wms shall be ~pplied by mortgsgee toward the payment of real property tsxes, insurance prem:umt, and mortgage yuaranty insur~nce prNniwm. IN WITNESS WHEREOF, th~ said MORTGAGOR has hereunto set his hand and seal the day snd ' st aforesaid. ~ Sipned, S~a a in tM presence of: . n n-•n ~-n K--~ S TE OF fLORIDA ~ St. Lucie cour~rr oF Befwe me penon~lly appesred L.VSI e A_ Ber+niatt,~ S si ng7 w 8dul t '~y i~! ~1fe, to me well known and known fo me to b~ tM individw desuibed in ~nd wfq fXKY1ld tF+e foregang instrument, and sclcrwwledged before me that tber executed the same for ths pu~poaes tl~aein enpre~sed. An1•~~.:d !16 .vMref-~lw~sald 't~dR'3'!l~if~f6'/!1~ 1frICiT~ s~aTioo.bM. m~ bl~ aey~~~~~s~parL.f~oM~rr-saii. ~~.a~4w~i.t~•~w~.b~hr~ ~wr 1i~M ~I~etwea~Mei ~eid-iMt~ww«~fro~l~r ~~vdvn- ~ Mr .1Ati1~ ard .~~tMr~..a4Y~-coa~4io~?.-w~st~aiiN. ~ppra~.orf~as .~~~r.iwn? I~en Mir ~wwwd. WRNESS my hand snd officisl aeat this_T ~ day of A D. 19~_ Notary P in ~nd for the Sfate of flwid~ af larye ~ My ~uion e:pires: ~m Fed~.+~ s~~t~w, ~~/?uo~;,r;o~+ FIL.EO AND RECORQE~'t Notary PubMC. zta~ of ~Ioride at [a e ~ of fo~, P,~.«. St. WCIE COUNTY. FLA• eMona d er`A?ri;~ a~ ~s~r ey co oi r9v~. ~ ~t+~?~wu~i{qs~~a ~ , , RECORD VERIFIED ~ o;4~`t: Z~~~., . _'~~~il il ~rv ' 3 `_"~~:~~~Y,~R''~'=-`= '66 OCT ! 8 PM 3: 2 ' - f - - 149300 ~.4, . .~r'>': pJ ,d ROG~R i'OITRAS ~ ~ L : , CLERK CIRCUIT COURT . , ; ~ . . ~ ~ ~ ~~.57 P~f ~~78 _ r . ~ `°'.'~`V~.xy~ y~.~ : z..y. - _ _ _ . _ _ . _ ~x~,^c :z s ::r~-~, ' - - - ~'4~ - ~ Y~} ~ xl~ ~2l