HomeMy WebLinkAbout0577 fs y~ ~rd cawl~wardY ks~P on ~~s bw'.i.tys naw a ke*a~w ~rtvsa on aa~d Uw ana o~ an eqtirp~w.r ~w ~rsw~..~r o•••~••
~ga~ v?iM1 W P~+k+~~ ywaaoe pa~d 'w ~i. iKa ina.r~ a rM wjs! scarrlard ac~+xY fa~+? in ~ av~ p~r+1t aY d~t M4~tG.1GEi~ ard wwdr`a~.
ir.wt~~reY~•tl~s uwd:*tpdicd-pLtY 1~aa~ in a cun~ ap~o.~d b1t 1M AAORi'(31.C,EIE, iw tvd~ oo~+p~nY o~ M tlr «W~RiW~GEi.•iM11
dir~s0< ~nd ~tl (yr~ and• wi~fitaaa 1rou~a~a- trai:c~ ow anll of said bv~td~ps ~wr MYr+~t M~rtin.M M*~ 1~'~• L' lir pWf~M av~ AI
+n ~san ~tbM~ds ~tl e~Main ~t+? rw~1 uandwd mor+saya~ ci«+~ a wch al+x dwM as d~ 1Ma~i+QK *W nV~ir4 ~~Y. ~M icln ~s~r~~i~'
,
ci~s.t~A+~at~~vM1}~ptM~~e Nid MClltttiA6f$ w ih irosrat rwaY +W~sa?. ~nd ewA ~d ~~11 ~ P~i~'1 ~rY b~ /rO~nP~1l ~~M~ Md•d~Yel~qr~M
•ny IKid Fy i~id AIORil~Y~iEE a furYhM trturi~y ~o said ~W+t;ag~ dtbt. +ntR ew1 Msa thwl Nw tIW d~11~ iRpWawoe d~tl~t ~pk~tiqe? ~l ~~l' ~IrcY+ ~~4
I~Yer,~? ~+td,~G+~i,a;~ci~ra~ ttMreof. ta~e~het v~:ih • raot~P: 1w tl+~ premivm of svd+ n+~ew~4 ~nd elrn ~hall b~ ro f'rr w~~wa~ 4~w~na
p!~ced ~a1 P~ by~d'n~, ~nY ineerqt 1hMea~ a put t1+~~tof. unleu in th~ Iw~w and with It~ ~o~t P~Y+~M ~1 ~fata+idt. and in tlr, ~wn1 aryl, wn!
of morny ~owri psy~bl: ~rder'sucF. pdicY or pofK+as said MORTGAGEE sh.q haw th~ op~ion w naiw ~nd ~pplp tM san» on iccou~l~~of ~tl~i~
,~e,4 ~p~d,~~Wq dr-yq.Op~nit s~~d•MpRTGAGpRS ~o nce~v~ and w~ N a any part d+~reof fw oeFw. pwpows. w~~hout thaeb~ waivinq o~ imp+k-
ing ~nx p~.:IMf? W?1AAt WKie/;or !y VMtn Of .tF~is mwt~aay~) a~d in IM ~wnt Mid qllORiGACsORS dMll hr prl~ tM~ fail to kMp t6~ Yid.P~'~.~
~,~i~red, or f~il„W d!il~~u: p~4mP!Ilf_~^y ~ Fo!~i`t+ oE ir~swNxt.to s~sd MORTGAGEE. w:.ci ~?o~W +o ar w~b ar.~+~ th~»fa w in ~
P+~ ~~il ,R!5~~,~'~~*_t3't~ut~~ eff~ct co.~pl~te:.comP~y wirh arw! abid~ b1? Mit oow~+M~ a' ~ry? ~ huwf. s~id MORTGJ?GE~ nuy ~laa a+d .
>~~,9! !^r i~rt ah~~pt wuha~,~ walvug ,a affac~k~ ~ny option. G~~, puit~t, w. rgl~~ w~dM br `6j~, vtrn~ cf' Mis ~nd tki
full a~doup~ p ~~'osWOrY ~ect? ~ tbaTl be ?mrried'+~ttl~r dw and piY~ +~+d iMH beai infat~ fro~ t!N diN fM~dF JI?f11 ~~rtR~'
n~ne p~: a t~~?.s~';inte.esr ahalf'be s~•cv.ed !ry tM I'Nn of tirs a~Qrqaplh , , . y,,, . j e
,t+R't9+"!d~ ~"Y!W
~_'t~• l~ ~ : - , _ , . •
~ T11 pNOid:a~eMit~llf•suf'k'ws Maat~:•ImV+kmeeN os detKiontioR of s~id-propafy ae MM P~ • : . • ~ .
Sa 'fo p~y +It and sinputtF ~'eoslR;•ch~epes awd expawa, &?ckdirg • rNSa~+bM attanMY1 fN ~nd oo~N ~of a4had~ of NtIR. inain~d o? Wfd N "
any tinN by aFM~AAORTCrI1GE`. bt~s~ a~A tAc ~wnl.ef lh~•fw:ure on tiw p~rt of tM sMd MORiGACrOR ts dulY. PtdnPtlx.~f?d ivUY P~tfope.+~l{~t~d~i
execvt~alfe~FOo~~{?bl`.~lo+Mply wrNr a~+d abida by aad~ arwi ar..y ~M s~,p~~uwrw sgr..~. oondnion. .od av+~nM+a ef. wd P~~~Y+~
,r«~a+qe +nY ot ~ir1w. snd wid ooo~s. dwrecs +nd ~xpe~ses, ~aach u+d every• iMII bt NMMdNIfIy <IUt M1d piy~I~7 wMtiw~ w not tM?~ b~ eot~p d?
man~~.attsmRt tq edlsct m wit Pw~deB: a~d tt+s iv11 a++o~m of esch «+d .~r s~d~ ar~~ shan b.a. ~+e.~a~ fron+ ~M dat. th.nof uMi! p.W tM
rn~e oF nine per centvm pc+ ann~~n: ~rd aU said cost~. cha.ges u+d expenses :.xurr~d or paid, to~tti+K with such M?~ntl, shall b~ ~ecurN! by tlN li~rt of Mi~
mortyap~. _ _ : .
6. 1lwt (s~ in tM wa+t of any breach of this Matgs9e w defwh or. t!r put of M» MORTCsAGOR. ot (W N tM ~wM anp of wid wn~ e~ ~
r.rrein tefar*d fo bs nut Fromptly and, fylly pa~d wi~hin thi~ty (30) days ~xt aitar tFK wr.e severafly b~cans dw a?d P~y~W~. wilhout d~+nd o? ^ot1a.
e. (c) iA th~ e~ifn~ exh and ev~y the itipulations, a4recments, condiriwn ~nd ao~ren~n~s o} s+~d promisswy eat~ +nd thia nwr~pp~ ~^1i a e~t~ ~
~uly. promptFy a~d fuify ps~famed. dixhxgedi, exetutsd. effKted, compl~hd. ~on~l'~ed with and abldad dy. thti~ N sitMr of M~y sud~.wMf Mn.Nid a~
gregate sum memia~d ie s+id pomissory note then renMi~irg unpaid, with intar~sf acuued, ar~d a!I rt~oesys Mtw~d. INr~by. ~N b~own~ dw • M~d ~ Phr
abie fwthwith, or thereafter. af the op~an of said MORTGAGEE, ~s fully snd compkt~ly ~s if all of tM a~id N~s of naeey vwh o~ipiMlly stipul~Md
~o be pa~d on such daY. +nr?hin9 in sa+d pruniu«y note or in this Mo.r9age to the cont.uy norwi~Mtudinp~ and tMr~upon w th~nahK N th~ op~ion of
se:d MORTGAGEE, witFquf notit~ or demand, suit ~t law w i~ equity. therefote w lhaeaftsr bpun. 1~r b~ pfawwld a ff~11 moMY~ wtw~d I~~bY
had matwed prqr to i*s institvtiw~. .
7. iT?~t i~ ths eva+t that at the beginn7ng of or at any t~me pe.cding ~ny wit upon this Mwtp+~e. et to for~cloN M. or to ntonn h. w Io ot?~~ta
payment of any claims hereundar, said NkC~RTGAGEE shall apply ro the ~owt h~ving jwisd7ction thsrwf for tM appointm~nt of ~ R~teivw, wd~ Cax1 sh~11
forthwith sppoiM s rcceive+ of s+ij! matyaged propertY all snd singvlu, inclvdu+g all u~d sinyvlu tM income profits, bswa and nvM+ws froen wMtwu
so~~ce daived, each ~nd every of which, it beu~g ~xprassly undcrstood, is hereby mortgaged ~s if sp~tifially sN forth and d~wibd In Ihi pnntkq aod
hj~ndum cla~ses hereof. arid sucl+ Receiver shall have all ~F+e b.oad and effective fv~cuau and powers in a~Ywiu N+tnnted by ~ Cowt p~ Reaiw, ~d
s~ch appointment shall be made by wch Caxt as an admitted equity ~nd a matte? of sbsolute right to aid MORTGAGEE, and withouf r~fv~ W th!
adequacy or ~wcy of the v~lw of the prope.ty matga9ed a to the sonrency or insoiv~ncy ot said MORTCsAGOR a th! dtf~e!d+nn. and thN MKh
renfs, profits, incane, issues ud revenues sha11 be applied by iuch Receiver accordir+p to the lien or ~quUy of ~1d AAORTGAGEE and th~ prKtio~ d wd1
Court.
8. To dviY. WomW:y x.~ fu7ly perfwn. d'u:.`.arge, Px~.-c;:s. ct(rc!. ~+p;ste, ton+P~Y with and ~bid~ by ~sd~ and w~ry th~ sNpv'.Nion~„ apnM~nM
cc.nditaro ~nd covenants io said promiuorY ~te and th+s mwtgage xt fath. '
9. That in ths eveat the ownership of tfvs mo~tgaqed pranises, w+nY Part tl+e+~of, becomes wsNd in a pKSOn otF~ than tir MORT~3AGOR, th~
h10RTGAGEE, iri successors u~d euigns, msy, without notice to the MORTG/WR, deal witb such wcusw~ or ~so~ in i~Naeit with nf~rM~ b th4
mortgagt a~ tht debl hereby secvred in the same manner is with Mutgayw witfiout in any war viti~tirg or difd~uyirg th~ Mat~+pas` IwbilitY Iw~' -
under or upw~ the debt hereby secured. No sale of the prem~sea F?ereby mortga9ed and no fwbeu~na an Iht put oi th~ AIIORTGAGEE or hs woas~ors
or ass~gm and no extensan of the time for the payment of the debt hereoy secwed ~iven by tht MORTGAGEE or in wooauors or atipn~, s1+a11 op~wb
ro releas~, diaclur~t, awdify t1»nge or affecf the orig:nal Uab+lity of the MORTGAGOR hereiq, either in wlwb or in paA.
10. It is specifically agreed ?hat tirrK a of the essence of tha coro~sct ~nd that no walwr of any oblip~tion Mreunder or of t!r oWfp~tion N-
cured hereby ihsll at any time ~hereafter be held to be a waiva of the terms hereof or of th~ instrurnent Masnd Mrby. '
11. In sdd+tion to the fwego:ng monrhlY paYmeMs of p:inc'pal and imerest requ'ued by the promis~ory noN secwed hereby, n~orfpyor oovMaeb
and agrees ro pay ro mortgagee wi~h exh non~hty payment an add~rionsl sum estimated by mortg+pe~ fo b~ ~qwl t0 1~12 of 1M an~wal Qost of th~ idlow~
ing:
A-All real property 1+x_s kvied or assessed a9ai~st tt+c above desaibed ~eal estate.
B-Premiums on fire and windstorm insurance as herein requ:red to be carried on the improvem~an inwt~ on tM ~bov~ des~xib~d prMnlNa.
C-Premiwro on such mort9age 9wranty insurance as mortgagee shsll from time to tinie deem fif to urry on th~ losn NCw~d h~r~by. -
Mertgagee sha{I from t~me to t~me r+ofify mwtgagor in writ~og of the amount due and p~y~ble hereonde~ and sucF~ wm shall thawp~w? b~ dw and ~
Fayable on tna due date of the next monthly payment and exh successive month thereafter until morTp~ps~ thall nofify mortqapw of • chanp~ in wch
a^;ovnt. Such svms shall be appGed by mortga3ee toward the p+yment of real property q:es, inwrana pramiwns, ~nd mal~ape ywrWp M?surYK~
o~emiums. ~
WITNE55 VYHEREOF, the said MORTGAGOR has hereunto set his hand and sea) the day ~rd yNr fint afor~aid. ~
kd and delivt+ed i~ presence of: y(] ~ t
~~J" 1/?.. = n/ ~ _ , D ~~3r. ~/~t~iCO (,SMn
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ySTATE OF FLORI~A , ~
couNn oF St." Lucie j~ .
Befwe me person+lly sppeued Edmutld M. Re dke ~ #
Doria M. Ra dke hi, ,N;re, w n,e ,~el~ ,~a kr~ow~e w m. w t» !
~he individwb described ie and wFa executed the iw instrumem, and ~dmowkdyed befon m~ thst tFwy ex~cv~ed ths sams for th~ p~rrpows
therein e:p~esfed And the ta'~ D~9 M. Redke
~ r.~fe of Mr ssid -Eljlaiiitl~~ RAdke - - uPoo a~par~t~ and privat~
examination by me taken teparsta and spart from her sa;d husbsnd, sdcrmrrled~ed ro ~nd befor~ me fhaf sM exeMed s~id irotruneot fr~tly ~+d volun~
ta!ily and witho~rt ury compulsion, cor?straint, apprehens~on. or feu of or from her said Mnband. ~
wtri~ess m„ hs.~d .~d oft-~;a~ ses~ rh~= a.p of v mb r n. p. ~q 66
' Notsry Public i~+ and fw the Ststt of Horid~ ~t lary~
_ My Cotmnisseon e:pir~
Retum to: . ~ ~ `~r. . ~i~! ~ ~fldi i~ ~L'9!
~ First F~den4 sa~~r~s a ~o~+ wu«~t~«+ '=;i ':.r % Mr Co~¦i~siw E~cpits Sea. 23.196~
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