HomeMy WebLinkAbout0619 To ptaa ~nd cavin~o~w~Y kNP a+ ~hs bui!di~p~ now w henafra~ 4tua» on ~id !awd snd on dl ~quipwwnl ad pMto~+W covwd bY M~ wart~ ~
ya. wid~ ~N pnmiwn~ ~Mr~on P++d in *vll, tae insu.uw ~n ~Iw~ uswl ~~u+dard poticp fw~1. in ~ ww approwd b1? tA~ MORTGItCiEE. ad vrie~ds~orw t
~n~w+nt~ In tM uwal s~andud ~ol~ty fw~ in • wm approrsd by tha J~WRTvAGfE. in wtb ~anM~+^Y a~'~P~~ a th~ MORTCs~.GE6 w~? t
dc.en~ snd dl tir~ ~nd w~C:wrw inwr«x~ P~+?~c~es m+~V of sa~d 6uiW:~+Q~. any {nNntr ~Iwein o~ p~et M~reof. In 1M app~p~~ w~l?ahrw~id or •
in ~xc~n tM~eof, slwil ca~:sln rtie ~sua! srandxd mor?y.,ye~ :laus~ er wcb ahu dws~ N tM MxqapN ~n+lr nquw+. m+V^Y ~M bas wwlw ss~ ~i
c;es. ~xA u~d w+ry. WYabk a wid MOR:OJ?GEE as ~a ~nraesl a?ay aPPs+~. s~d s+ch and w~~ll M+d~ Po~+~Y s~ ~ P~P~~Y +~A^~d a~d d~liv~nid 10
any held by ~aid MORIGAGEE as iwtha saurrity b aid nwr~9aga deW. .~d. no~ less ~Mn ns~ t10) days ~n .dva~w of ~M eap~ration of «cb Pa1~?. a da
!,v*r 1p uid MORiGAGEE • r~wal tikrsof, ~optri?K wi~h a reee~pt for the p?~mium oi wcA ~eeKwal: and tM« shall b~ no fwe o~ wi~wm kaw+ec~
pl.ced o~? sny of s~id bvilding~, +oy lntsr~st the~e~n w part Ihsr~of, un1~u ~n ths twm a,~d ;~r+th tla loss p+yabl~ as afa~safd: and h t1N ~wi?t u?y swn
of r.weNy beewnss payabM uader sueh poliey or pof~c'as s+id MORIGAGfE shaN h~w ttw optian 1o rsetiw and appl~r tM sarn~ on +eeo~x~t d th~ ied~bt~
r.ess s~cwed h~r~by a to pKrnil sa~d JNC9.TGAGORS ro reui.• and uu h a any put tl+e~eof fo. othn pwposss. without tF~ereb~ waivinp a un~~ir- t
~^S +~Y W~~b. li~n or righf ve~der w by virtue o( ~his mo:tya~e: u~d in tM ~vsnt sa~d JNORTGAGORS ~halt fo? airy nason fai! ~o kNP tFw asid pn~nis~ ao i
~~sw~d. ar f~i1 q d~4ver p~omptly any of said pol~c:ss of inwrancs to ~~d MORTGAGEf. or Fsil prompth a ar ~~Y ~^Y P~K^~^ ~f°' a i^ ~"r ~
rospsct fail 10 ~uform, discFwys, txeruh, effect, compl~te, canply wirh ~nd abida by this covan+nL or any pNt henof, s++d MORTGAGEE m+r Pl+a and
Wr for such inlwa~c~ or ~nr P+h t!?e.eof wiihout «aiv~np a ~ffectirg any op~ion. li~n. equiry. er ripN undM or by vMtv~ of this Mort9ap~. ~ed th~ E
f~u amowu oI ~ad~ an~ ~wcy svch parment shatl be ~ned~aa•~y du~ and p.rabl. and sh+ll bar inrenst fran tM d~t~ ttwreof unrU paM >M wn of ~
n~ne pa qM~m pK imwn and togerher witfi such in~e~est shall be secured by tM lip~ ot this - i
1. to permit, oonn~v. a svffer no waste. imP+irrner?t w dereraratan of ~a;d propKt~r o~ +~Y P+~ tMnof.
5. To psY stl and singu~a~ the costs, chuga and e:pe~ses, inct~;dinp a re~sonablt ano~ney's f~t and co~b of sbshads of titl~. incwr~d a p~id N ~
eny !ime by saW MORTGAGfE, because a in tt~e event of the failwe on tM pa~t d tFw ssid MOltTGAGOR lo duly. pranpol? a~d fut~Y P~~ :
executs, eifed, tompkte, aomp~y with and ~b:de 6y each and every tM stlp~lations, a~ws~nn. ca~ditarr. +~d ao~»Mn~+ ~f s+~d P~omi~ory ^oM ?
mort9~ anY o/ li1hN. and said.cosn. ch~rges and expeoscs. each and every. .h.u be ~++ed~~r.~r d~ u,d ~?.y.w.: wMther a noe ~Mn b~ notia d?
mand. ~~Mmpt to colNct w wit pend~ngr and ~he full anwunt of each and every wch paymene sh.1~ be+r intenst hom tM dst~ tMre-f until pald af tM
rate of nine per ccntum per annum; ancvll said costs, chargcs ancl expe~es intwred or paid, topetlw with wch intu~af. ~I! b~ s~a+nd by th~ INqiAf fh~
mort9s~e. '
b. Thaf in ~he event of any brcach of this !Itwtgsg~ or defwlt on the put of the MORTGAGOR, or (b) in tM wMt any of sald aur~r d w.oMy ~
herein refen~d 1o ba not promptly and fvliy paid w~thin ~h+rty l30) days nex~ after ~he iarn~ severally becane due and payaWe, witlwvl d~m~nd a eatia.
or (c) in the event each arsd every the sf~pu:a: .:ra„ a9reements, cond~tions ar+d covereanb af sa~d pranissory ~ote and tlus ntortp~pt ~e11 a ~Nha ah no1 ~
iuly, promptly and futly performed, d;uharged, e:ecuted, effacted. compkted, complied wirh snd abided by. tl~en in ~itlw or ~ny such ~wnt tM a+id aP
gregate swn mentioned in said promissory note then remainirg unpaid. with intaesf scuued, a~d all noeeys s~cw~d. MnbY. sh~ll b~oan~ dw ~nd p~1?~ ~
able forthwith, Ot tF~lIN{fN. at the option of sa~d MORTGAGEE, as tully artd completely as if all of the s~id swea oi awmy vwn oripitwUll ~1iP~~+~
to be pa~d on wch day. snything in sa;d prom:ssory ~ote or in this Mo~tga~ to the caNrary notwitMt~ndinpt ~nd 1lw~u~ron w thertaft~r at th~ option of
se~d MJRTGAGEE, w::~t no~ice w demand, suit at law a~n eqviry, thcrefore w thereafter ba9~n, nwy b~ pra~acut~d ~s ff ~II moMy~ acwd i~by
nad mafured prwt to iri it?stit~~i.`~a.
7. Th~t in ths event that ~t tF+e Dey:~~ing of or ~t ~ny time pending any suit upon this Mortyape, w to fonclost h, w 1o nfonn h, p to ~nfwq
payment of any ds'uns hereundN, uid MORTGq~,f shatl apply to the Court having jurisd~ction therwf for t!~ appoinlmant of ~ Rateivw. wd~ CaM aMII
Forthwith ~ppoint s receiver of sai~ mortgaged prop.wv all and singvlar, includ~nq all and si++gular tM ineo~n~. profiti, iuws ~nd rwMws from wMfsrir
scurce defived, each and every of wh~ch, it be~ng expressiy understood, is F+ercby mo+tgaged u if specifiully u.t fotth and dNVib~d In thi prantinp and
habendum ctauses hereof, rnd such ReceiYer shall have all the broad and effective functans and powen in aoywise ~mm~t~d by ~ CaM t~ ~ R~aivtr. ~nd
s~ch appointment shall be made by such Covrt as an romitted equity and a mattc+ of absoivte right fo faid MWtTGAGEE. ~nd withovt nf~nnt~ fo tFr
edequacy w inadeqwcy of the value of the property mwtgaged or ~o the sorrer+cy w inso~vency of said MORTG/1GOR or tkt def~+?danN, s~+d that sueh
re~rs, proEiri, income, iuues and rovenues shall be applied by such Receiver ~ccordi~ to tAe lien w eqviy of said MORiGAGEE ~nd the p~attio~ of suth
Court. '
8. To duly, promptly ~nd fully perform, dixharge, execute, effect, complete, comply with and ~bid~ by sath and twry tl» sNqrl~tions, aprNme~f~,
conditioos ~nd covenants in said promissory ~wte and thia mwtgaga ut fwth. '
9. That in the evero the ownership of the mortgsyed premises, a a~ryr parl theroof, beco~nes vest~d in a p~raon other tlw~ th~ MORT2'sAGOR, tM
A'ORT3AGEE, its successors and assigns, may, without norice to the N10RTGAOR, deal with s~ch woc~s~w or ~utt~sso? in interest with rtfer~no~ to this
r-,o~tgage and fhe debl F~ereby secured in the same manner as wi~h Mortgaga without in any way vitiatirg or d'qtha~9inp th~ Morf~apors' li~bility FwM~
u~der or upon the debt hereby secured. No sate oF the Frem~us hereby mo.tgaged and no fwbear~no~ on the part of th~ MORTGAGEE a iri wa~ssors ?
or ass~gns and n:, extens~«+ of the time for the payment of the debt hereby secured given by the MORTGAGEE a ib si?tussors or ~ssipns, ~h+l) operate ;
ro releax, dischsrye, n+odify change w affect the orig~nal Iiab:Gty of the AhORTGRGOR here'rc~, either in whde w in part. ~
10. It is specificatly ag?eed that f~me is of the essence ef this contract and that ~o w~iw? of any obl'g+tion hsreu~wer or of 11r oblip~fi0n M-
cured he~eby shall at any time thereafter oe heid to be a waiver of the terms hereol ot of ihe instrumenf secvr~d h~rby
11_ In add~tio~ to the forego:og monthly payments of princ'pat and interesf rpu~red by the promissory note secured hereby. morf~~por GOV~nanb
~nd agrees fo pay to_mortgagee with each monthly payr,ent an add~rio~al sum estimated by matgagee to b~ eqv~l f0 1~12 of the anrwal cost of tFw fOllow• ;
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A-Atl real property taxes levied w auessed against the above describad real estate. j
B-Premiums on fire and windstorm ~nwrance as herein rcqu:red ta be carried a+ the improvemtzHS sitvah oe th~ ~bov~ deWib~d pr~tnitN.
~ C-Premiums on such mortgage guaranty insurance as mortgagee shal! from time to time deem fif to urry on ths ban setured her~by.
~ Mort9agee sha11 from time
to t~me notify morrgagw ~n writing of the amount due and payabk hsreurKler aed ~ud~ wrn shall therwpon b~ dw and
~ Fayable on the due date of ~he next month:y payment and each svccessive momh thc~eaftr until mortgsyee thsll nofify mortgsgor of a chanp~ in such
I ~.~ount_ Such sums sF.atl be apptieJ by mortgagee toward fne payment of real propeny tases, insvrance prem:ums, and mDrtp~ps ~wranty Inwn~K~
F arem~urtu.
~ IN WITNESS YiIHEREOF, the said MORTGAGOR has hereunto set his hsnd.and seal the day and year first ~fo~esaid.
skd livered in the p?exnte of: ~
. Q
~
re.'0
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: i ATE OF FLORIDA 1
cour~r~r oF St _ Luc ie i~
s~ra. ~,a„~u,, ,~~.~a - C . J . Cri s t - .~a
Irene Crist his ,e,;ie, w,„s a,e~~ wawn ~na krwwn a m. to b.
rha individwls davibed in ~nd who executed the forego;ng ;nstrument, and acknowkdged before m~ that they execvted the ~arnt fw th~ purpw~s ~
therein e:preued. a~d ths aa~d - Trene .Z~i 4t
wife of ihe ssid - T~~rist - ~ a ssp~r~t~ and ptivat~
exam~naYwn by me taken separate and apart from her said husband, scknowkdged to ~nd before me that ahs exetuted said instrumsot freely ~nd volvn-
~ar~t~ and w~thout sny computsan, constraint, apprehe:~sion, p~.fear of or from trcr s+id husband. ~
WITNE55 my harid and official seal thi: day of A D. 19~[]~ F
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~ Notsry Pv '~n a~d for tM State of Horida af Larps
My an expins:
Rctw~ To:
First Feder~l Sar a toan assoc~af~or+ Notary Public, 9tata of ~oride at °
~ .~~y'~~~~i ~i~kH~ _ My Comm:ss~on Exp~res Aug_ 6, 1~96~
Ot Fwt Pierce. ``~f ~~p~~ y~~~~ i
FOrt PierCe, FlOrida ~ OV~~~~~~~~N~v . Bonded By Am~rican Sure4r Co. of N. Y. ~
t,.' • .
RECORDE~ = '-•'~'~;~:c~ ;
~ ~
FI~.ED AND = a • ; ~ , ..r ? ~'s
~ ST. l.UC1E COUN7Y. F~• ~ t~t
RECORD VERIFIED ; . . . _
ry; ~ j _ .
j i
1 9Q=~ . 9 _ ~-;~~••.2.. Q •
- 1~ 10 • y ~ o
'~6 NOV `'>>r°~ s?as~;,~~ .
`fl~~;.::ti~~>>.
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"~GE.R ~~~~j COUR7 8~OK159 PAGE 19 ,
~ ~~ERK CIRCU.7 ~
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