HomeMy WebLinkAbout0950 To pl~ and aontirwov+N k~+P a? tM build~nps now w hsrwirK si~va~e on ~a~d laiwi ~d on ~41 equip++M1 ~nd P~no^+~h c~ownd b1~ N~ia ~or~¢
p~. with aN p~miwM tl+a~on pud in iv11, fin iruwanc~ i~ eAe uswl uanda~d po;Ky fo?en. in a swn ~pprowd M~~TGAGfE. N+d windstonw
~.,.w+na in th~ wual i~andard po1~c1? fa~. in • sw++ app~o~sd by rh~ H?ORTW?GEE. in wc6 companr o~ oon~pania a tM M~RTGA4EE w~+y
d;r.ctt ~nd ~II (in and wind~ann ieuww+a Paicies on +w?Y of aid twild~nps, ~ny intKh~ th~rtu, o. p~.t tA~r~of, in tl» ppn9+N ~ww afa~wid a
tn sxaa tMr~oi, sAal) oonuin tM usu+l stu+d~rd ma~qa9es cla-..w w wd+ o~hK clws~ ~s tM Mor~pay7~+ ~Y ~V~~• maAieg toss 4~ said pdF
ci~~. NcA ~nd ~wrY. Wtiab1~ w ~+id N10RTGAGEE ~s ~n iroerest may spp~ar, and c+ch and ~wry sucA po~icl? shall b~ P~a^P~~Y ~~9n~d ar.d dN~~d ?o
~ny luld by said MORTGAGfE ~s fuitMt satwity M s+id ~natpapa debt, ~nd ~ws less than ten (10) d~ys in advanc~ of tt+~ ~:piration of ~ach Polic~l. ro dr
'Iwr b uid MORTGAGEE ~ rarvral tMhof. top~~Mr with ~ recc~p~ for tM~ pranium of svd+ reoswal~ and ther~ shali b~ no f~re a windi~am inswana j
pl~c~d an any of iaid b~r'Wirg~„ +^Y inN.at tMr~i+~ o? p~r~ tF+e.eof, vnl~ys in ~h~ form and wi~h tFw loss p+yabls as ~foni+idt and h th~ ~wnf snr wm
of ~ansy b~cams parablt w~d~~ wch poGclr a pNrcws said MORTGAGEE shaH h.w ~M op+an a~ecNvs u~d ~pply th~ ~ on ~aow~~ of ti-.~ f~+d~bnd !
nsu ucw.d h.r.bp or a p.rmi~ ~sid MORiGl1GORS ro receiv~ ud ~a~ i~ a sny par~ tFKreof fo. othe. pwposes. wi~hout thsnb~ waivi~y N N+~p+i~• i
;ny anY pu;tp. li~n w riph~ vnder or by virlw of tha mortq~~; +nd ii~ t!» evenf s+ld MOkTGAGORS sh+ll ior any r~ason fail to keep th~ u7d pnmis~s so i
~nsu.~d. w bil b d~liva p~omp~h ~+y of said policies of insuranc~ ro ~aid MORTGAGEE. a fail prwepty fo p+Y fi+~b +^Y P~K^iwn tMrefor a in any ~
r.sp~er fail b pMform, d~seMrp~. ~a~n+ta ~++P~~e~. eomplY wirA aed abide by this oova+u+t, p any pw~ Asreof, ~aid N10RTGAGEE may pbe~ and
P+Y fw wd~ leawantt w a~ patt the~eof without w~iviap or ~ffactinp +nY ePtwn, (kr4 puity. w tiphl ~ w by vir.w of t!w Mortpap~ ~nd 1l~t
fvll ~raunt of ~ad~ ~nd wfry w?1+ p+Ym~nt sh+ll be N+r+nd~+teh aw +nd Wysba snd sl++ll b~u int~rest fran tM daN tiwrwf untU paid ~t tha rap oi
n~~ ps~ antwo pa anrwm ~nd topdher with sud? interKt sh+ll b~ secvred by the lien of this mortp+p~.
To p~nnit. tarynit ar suffar no wuM. i^~Wirnknt a dsNeriwation of s~id property a+nY P+r1 thereof.
S. To pay all and sinp~lar tM coata, ciNr~e~ u+d ~xPense~, incivdinp • rtasonabk +ttorney i fee ud ocsta ef ~bstr~cta of titk, incun~d o~ p+id ~t
any rim~ by said MORTGAGEE, bcwse or the event of tM fa~lwe on ti~e paa: af tM said 1NORfGAGOR ro duly, promp~iy u+d fu~M Paform, d~scl~~
execut~. ~ffect. aomPkM. ~~P~Y wi~h ~nd ~b~de by ~ad~ and every the iripulat~ons, wrQemenn. condltions. and cown+nb of s+id promissory ~oh and ~hit
mortqap~ a~y w~itl~. and sa~d cous. clw9es ~nd expens~s. esch and eve~y. sh~li b~ immed~attly due and p~Y~ble: wl.athtr or not tAe~e b~ r.otiu dr
mu~d. ~tt~n~t to oollect o~ pdt p~ndingj ~nd ti+~ (vll ainovnt of each uid wery svch p+Yment sh+ll bear irtK~st fran th~ dat~ therwl until paW N tM
~ate of nirw pK centum p~r anwm; ~nd all s~id oo~ts, thar9es ~nd expenses incw~~d w paid, tog~tF~er w~~h s~?ch Inttnat, ~MII M s~cv~~d bY th~ lia? of this
~ro~ .
6, 11wt in th~ twal of unr brssd~ of this Mwtga~e or defsult on ths put of the MOR~GAGOR, w(b) &s th~ ew~t ~ny of s+~d wms of "'°^yr
heruin e+~fKr~d ro b~ ~W p~oinptly and fully paid within thirty (30) days next after the same u~.~e+ally bacan~ due u.d paysbl~. withow ~+~nd or ~ot~u.
or (c~ tn tM ev.nr .ach .nd ~wry ~h. uipuiano~n, a9reemenn, condi:ions and cove~snts of sa:d promissory note snd th:s matya~e any or eitl~ ~n nol
iuly. promp~!y and fulh pafo~rr~d, d~sdwrped. e:~cuted, ~ffected. compl~ted, complied wish and abided Sy. tMn in ~ither ot s~y tuch went th~ s+id ap~ i
pre9~t~ swe m~ntar»t! In said promissory note then remaimng u~paid. wilh inte~est accrucd. and +11 moneys sKured. her~by. ~hall beooim dw and p~Y~ ~
sbI• fonhwith, a tMresfta. at the opt~on of s+id AhORTGAGFE, as fully and coinpletely as ii all of tF+e said sums oi rnoeKy we?e w~pin~:ly stipulated ;
to b~ paid on such day. anythinp in sa+d promessory note or in this Mortpsge to the cont~ary -otwithtitandirg: snd thK~upon w the«ahe~ at t!w optan of
s~id IMORTCaAGEE, without notia a demand, wit at law or in equity, the.efwe o~ thereaher bequn. n~Y b~ prwecut~d u if all maKys Ncvnd i+atby
h~d metw~d prior to iri i~titution.
7. That in fM ~vent thsf ~t d+e beyinning of or st any tims peodin9 any wit upon thia Mcrtyaqe, a to fonclos~ if, a to nlam It, w to ~nfwa :
paymeM Gf ~rty daims htr~unde~. said MORTGAGEE shall ~pply to the Court having jur]sdKtion thereof for tM a~wantma?t of ~ R~ceivN, wch Court sh+ll ~
Forthwith tppoint s nceiw` of s~~ mortpaped pop~rhr all and singvlar. includ~ng all and singul~r the incoms, profits, iuws and rtwnves from whatw~r '
wurce dsrivad, ~ach ae?d ~vt~ o rr!~ich, it b~iup ~xpressly understood, is hereby mortga9ed u if speciFically_ set fath and d~wib~d M thi pr~ntinp and ~
habendwn clawes hereof, and wd~ Receiwr shall have all ~he broad and eftecrive funa~«n and p~wen in ~nywise entruued by a Co~rt ~p ~ Reoeiv~r, u+d i
a„ch sppointment ~hall 6~ m~de by wch Caxt at an ~dmi~ted equity sod a m++te? of absolute rght ro sa~d MORTGAGEE, ~nd withoW r~f~r~nu to tM ~
adequscy a~ i~.~d~quscy of th~ vdue of rhe propary mw~g+ged or to the w~vency w insolvency of said MORiGAGOR or tfie defenda~ts, ~nd t1+at such
rent~, profits, inc~n~, [ssws u~d rwenues sMll be applied by such Receiver atcording to the lien or equity of said MORTGAGEE ~nd tM prattiu of sud~
Court. {
8. To duly. promptly and fuUy paforrn, dixMrge. execute. effed. compkte. comply with u~d sbide by_ea~h and wery th~ stip~lations, apr~ts. ~
conditiont ~nd ooven~nb in s~id promiisory rate +nd th;s mortga9e xt forth. '
9. iMt in th~ went the ownership of the mongayed pre.nises. or any put thereof, becomes vest~d in a pKSOn othe~ N~sn tl+~ MORTGAGOR, th~
MORTGAGfE, Hs wce~uws and asigra, m+y, wi~hovt ~orice to the MORTGAOR, deal with such sucus~or w u+a~ssor in inte~e~t with r~fsr~ to thh
wo
mortgap~ ~nd th~ debt hersby secwed in ths same manner as with Nb?tgagor without in ~ny way vitiatinp a datl~arpirg 1he 1Ylorl~+~or~~ li~bility Fwr~-
under or ~pon tM debt hereby ~eaired. Na sale of ~he prem~ses hereby mwtgaged +nd no twbearance on th~ put o( the 1NORTGAGEE a in tuccesson
or aasigro and no extension of ths time fw the payment of the debt hereby sec~red given by the MORTGAGEE w its wcc~uors or ~ssi~ru, sM~~ opu+t~
ro releae, dischuye, modify cMrge a sffect the aginal liab~tity of the MORTGAGOR herein, either ie wFale or in part. :
10. It b spedfiully apreed that time is of tM essence of this confract and that no waiver of sn~r obliya+ion hereunder w of th~ obli~tion sr ~
cured he~eby ~11 at any time thereafter be held to be a waiver oF the terms hereof or of the instrvment secw~d hMrby. ~
;
11. In add~tioe? to the fo?ego:ng monthty payments of prinCpal and intercst requ~red by tF~e p~omluory noro secvred her:by, mortpagw eown+nb :
and sgrees to pay to mortgrgee wnh esch mo~nthly paynum a~ addirionsl sum estima~ed by mortgagee to be equsl to 1/12 of the anrwal oost of ths follow- ~
~ng:
A-All real property taxat levied a auessed agaim~ the above described real estata i
B-Premiix~ on fin and windstorm insurance as here~n requ~red to be carri-d on the :mprovemes+tt s;tvate on the above desaibed premis~s. '
C-Premiums on such mortgage puuanty irourance as mortgsgee shall from rime to t~me deem fit to nrry on !he ban secvred hereby.
Mwtyspse ~MII from t~me to time ratify mongagor in writ~ng of the amoum due and payable hereunder ~:•.u ~uch wm sh+ll tl+ertupon b~ dw and :
i Fayable on the due dste of tF~e nexf monthly p~yment and each successive month thereafter until mortgagee shalt rw,tify mortgsgw of a chan~~ in such
amount. $uth w:~n shsll 6e app~ied by mwigagee toward the payment of reat property ta:es, inswante prem:ums, and morty+9e yua~nh 1~s~r~nc~ '
p: emiums. - _
IN WITNESS VYHEREOF, the ssid MORTGAGOR has he?eunto xt his hand and seal the day s.~d ysu first aforaaid. ~/C/l/Q./
~$iprwd, Su u+s! ed in tM presenc~ of: ~..3Gw`~ Q'
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STATE OF FLORIDA ~ ~
courmoF St. Lucie ~
Befon na perswwlyr spp.arod nl i ver A Ng,rti4l ~nd
- » th M H e r i-,g 1 h~s w~fe, ro me wel I known aod known ro me to be .
rhe ind',viduab deuribed in and who executed the foiegoirg instrument, and ~duwwkdged before ms that they execuied the same for- the p~rpoaes
there~~: aapres~ad. And N~e s~i~ Rt~th M Aet+tPl
t,~fe of tM qd nl ~ vAr A,.,~ HQrtel - vpon a aeparar. ~nd privs»
examinatan by ms i~ken sepsnte and ap+rt from fner said husbsnd, atknowledged to and before me that sha e:etuted said instrurt~ent heety and volun-
tarify ~nd witho~t u~y comp~rlsicn, cantrsint, apprehen`sio~or feu of ot from her said husband.
WITNESS my iw~d ~nd offki~l seal this ~~a day of A. D. 191].fL.
Notarv blic in ux! iw the Sqte ef Hwida at lups
~ My iuion eapires:
~ . r _ ~ '
Rstv~n Ta'
f~nt Fsd~.l S±~ a t~n ~,,a;,r;on ~votary Pubhc, ~a1o oi floride a! Urge
My Comm.ss~on Expins Aus. 6, 1967 ~
Gf Forr P~e.«. • ~ j Bonded By Am~nun Sureq Co. ot N, Y.
F~L~U' Pr te. Flwid~ v;. ' ~
RECORDEO ~ " ~ ~ ~
ST. LU~~E COUNTY ~ ~ ~ ~
R~CORO ~ . FLA. ' ` ~
. ERIFIED °
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