HomeMy WebLinkAbout1185 te pka ard ca~ekwovsly ke.p on rAe bu:~dinps now w M.~affw vrwn m eaid laed ~nd o~ dl q~+ip~t ~nd p~sarlly aownd b~l ~ wior+~
p+. with aM pnmiwas M~+eow paid in fui1, fu~ insw~nc~ in ~!w txuai a?K,drd Pditr fws~, in ~ sw~ ~ppro~tl br 1iy MORiGAGEf. and windNOrA
irKwsna a tlr uswl atr+da~d pot~q fore0. in ~ svm appro.rd b~/ tl~ MJRIQAGff. M1 wth cwnp~ny o+ oo~~wibs M IM µO~TCiAiGEE w~
d'u~d~ awd aN fin and w~~onn iraur~na po~Kwa on any d aid bviid~np~. aMl ~w~rwt dw~in or pan dwnof. tn tM ap~np~b w~w afor~wid er
1~ a~c.a ~M..of. shW canaL~ H+. wua~ .r.~,dard n+«~q+~.. csa~s. or wd~ al~ ctws. a eA. Marq+p+~ nMr nquirR. ~w?~ d~ bss uwdK s+id pdF
.,~t~ .~d ~w.y. Wyabie a said MORIGJ?GEE a~n m+r ~,a .r+d .w~? wd~ oa:~? ~.a.n a wo~b +a:~.d a~+d a.w.~«~ a
any h~W by taid MORTGAG[E as fwtlwr setu•ity to uwi maW+Q~ dib4 ~d not 4s? 1lw~ hn (1W d~11s in ~dvanq oi 11M ~xpkl~i0n of ~~cA policy. b d?
tiver ro s+id NWkiGAGEE a nMw~t tMrwf. ro~srFwr wirh a reca:pt fa the pr~~iua~ of wd~ ~a~eway aed then ~h+U b~ r+o fw a wieKlaara~ Mrwano~
alacd on v~y of said buildw+pa, ~ny an~«af N~~io oa p+n ~F~e.eof, a~u iA tM fwm and we+h tFs bsf parabN as ~fons~id~ am! le th~ ~wM a~y wn~
o~ rno~q betonMS p~yaW~ w+dar wd~ policy or po~+ci~s said MORTGAGEE shaU Aaw tM opfion Io ncaivt ~nd apply tA~ sMM an aaowN of tht Ind~bqd~
rxss s~evnd Mr~by a w psnnit said MORiGAGO:tS ro roeei•ro a~d us~ N w ~en? p~rt Msreoi fo~ Wi~a pwpo~~a, withow ~h..•b,r waiviig or impair
'^9 +^Y ~h. lia~ or .iph~ wider w by vwtw a th~s mw:qagsr and ia d+~ rwen~ said MORTGI~GORS sl+dt for ~eqr n+son fail to kMp rM w+d pnmi~a ao
insurod, ar (~it b d~tiva Pro~nptb any of ~aid pol;c;es of insv.anca a sa~d MORTGJ?GFE. or fail P~*PW ~ WY ~h +~Y Wd+nium tiw~for a in ~
res,~ect fail ta PKf«~ dqdw.p~. ea~cuq, ~ffect, ean~tu~. comply wiih and abid~ by tAis wva+re?t. or a~h? p~rt Mrsof. wid MORTGAGEE aNy pbp ~nd
Par for wth iravranct a arry~ part ttweof wi~hout w~'r~inp or ~ff~ctinp ~ny cption. Uu~. pvihr. or sZplM undu a by virtw of t6b Morqap~ and tl~e
fvtl uoount oi s+ch and ~vary sud~ paymMt iF~+ll t~ imr.~sd~ately dw u~d pryablt and siyll b~ir InNrNf from th~ d~N ths~eoi tmtil p~ d d» r~A d
n~r+e p~. ann~m p~? ~nnum and rogether wieh wch intera~ sMll be xtwed by ths CNn of_ this n?orlp~pw
Ta psrmit, arnnwt a wif~r no w+at~. Lepairme+n w det~{ioratia? of said properry or any puf ~~of.
S. To p~y all +nd ~input~? tM cosh, chsr9es M+d expense~, incl~dinp a Maion~We ~»aMy's hs snd oo+b of abshads of tidw iir~n~d o? psid M
any tim~ by iaid MORTGAGf
; bec.~vse w m ths evsnt d the fai.ure oa th~ p~rt d tM aald Al1pRTGAGOR w du1y. pro,wptlr and fidly iNfonq, dixhwpR
execvte. sffecl. oomplete. oanP~Y w~fh a~d ab:de i?y exh snd ~very ~he ~~~pwa:~ons. +pn~nb. canditiorr, and aow.w.n of said pomi:wry noa ~nd th4
m~rt9ap~ MY Ot li11M~. and sa;d coats, charges and experaea, each and ~wry. sh~ll bt imm~di~tcly dw and Wyabl~; wMtMr a no1 ~.l~~ b~ notie~ e!?
rnar.d. att~pt fo colkct or wif P~^d~^9: and tF+~ fvll arnout?1 oi eath a~nd a~very ~A WY~ sh~ll besr int~t from tM d~N M~rtof Vnt1l.~id N tM
rate of nir» per centvm pe~ uwt~m; and a11 said costs, cha.yes arK! expe~ses 'a~owred a pak1, top~tMr with wth kwn~t. ~II b~ ~wed br th~ li~n of thi~
^'crtQa~w .
6. That in tM evenr of ~ny br~acF~ of this 1~Aor~9a9e « d~fwtt on tlr pan oi tho MORTGAGQR. or (b) in th~ ewM ~ry of qid wm~ of ~anty
hrrein refur~d to be nW promprty and tvUy p~id wirhin thirty (3p) days ne~et aite~ the s~ms s~va~tty l~cw+n~ dw snd p~Yabl~ ni,thpyt d~nw~d-pt nptiq,
or (d io the event each and wery the stipular~on; ~gree*e~nts. cor+dirions a~d oovan~na of wwi Fromissory ~ob aed this nwrpe:l~ +nY ar ~hMr an nal
iuly. womPdr ~nd fu1~Y Performe~. d~sci~arged, executed. effected. comPteted, oon~pli~d wiM ~nd abided hr. M~n tn ~~ithsr or any wcle wwM fM said ap
g,egate sun, menrioned in said P~omissorY note then rema~ning u~paid. with i~uaat acvwd, and all eaney~ s~e~.yd.l~u~by. ~11 b~aom~ dw ~nd p~p
able fwthwith, a thereatter, at tM oprion of said MORiGAGEE, ~s futly ~nd con~lstelr u if ~II of the saio swws of eqosy w~h oripinally q;pulat~d
so bs p~~d on svd+ day. any-thug ~n said p.om~uory note o. ia ~h~s Ma~g,pe ro rM connuy ~~huan~~ and dwr~upon or N»nafar ~t H+~ op~an of -
•e~d MORTGAGEE. w~tha,f naiae ~or dem~~d, wif ai I•w a in equiry, thetrfae or tMreafie. b~yun. auy b~ pro~awbd a tf aU n~o~wy~ Nour~d I~nby
nad man,rad prar ~o ~~s trw~wrao.
r. That in rh~ evenr rMr st the 5eylon~rg of or ar any t+ms pernfing any wit upa~ tha IMwpa~, a w ta+c~ A, w a nfwm It, a to ~nfwa
payment oF any claires 1,ereunder. s~;d IypRT(',AGEE shall ~pp.y to the Court I+avinp juriad'~ction thcnof for ti~ ~ppointw~ent of ~ R~advu. prd~ Cowt sl~Il
Forthwid~ appoint s rece~ver of sai~ mo~tgagetf pwperty aIl and suguia~. iacludug ~11 snd slnyvlsr th~ inoon», p~ofiM, IuuM and t~wm~ f?pa yvhrt~ya
source darived, each and evs~y of whKh, i~ be:og expreuly understood, ia hereby morty~ged q if ~petifiulM sN forth a~d d~w~d b thi qrantinp and ~
habendum dausas hereof. u.d wch ReceivM ahatl have s11 the brwd uid effecr~w fwrctwos and pow~n h «arus»d by ~ Cowt p~ Rsaiwr. ~nd -
:uch appoinrmt~t shall b~ made by wch Cowt as an adm;tted equity and i m~tter of sbsolute rgAt w ~ald MORiGAGEE. ~nd witl?ou1 nfenno~ to th~
aaecl~+cY a insdequ+cY of ths v~lw of the prope+ry m«tgaged a to the wlvenc~r or insofveoey oi said MORTGAGOR o? tM dN~ndant~, and. HNt wd~
re~rs, pro~its, income, asues and ~evenues sha1l be applied by wch Reoeive~.aoeordinp ro tM lien or ~qufty of iaid MORTGJIGEE ~nd 1h~ praetia of wd~
Court.
8. To duy, womPth and fuly Perfonn, dscha.ge, eaecute, eHect. oomPkt.. comply with and ~bid~ by wcl~ ~nd evKy tM ~NP~+~+tiom. ptNm~nt~,.
conditioos snd aove+~nls in sa~d {xomissory nore and tFw mo.t~age aet fwth. • .
9. That in th~ event the ownership c+f the mo~tg~9ed Pre^~aes. or +eY Pa~t Miereof, bseoena v~s1+~d ln • pp~on oth~? fha~! the AAORTGA~'sOR, th~
1'.ODTGAGEE, its. u.-cwssors and assi9~s, en~y, w~ehw,h rwtice to the MORTGAOR, deal with such woo~uor p~req~~or in h?tpat with nfKMp 1p M~is
mortgage uw! the debt hertby sacured in the same manr~ u w~~h Marg~gor without i~ ~y w~y vitiatirg or ~i~wyiop tM Mort~saois~ Wbi~?h h~n?
under or ~~pon the debt hereby secwed. No sab of the premises hereby mosigaget! ae+d no forbw~anp on th~ put of th~ NWRTGAGEE or bi MiooKaas
o~ ass'grn and i,o ex~ensan of the time for the payment of the deb~ hereby secured qrven by tht MORTGAGEE w ita wooason or astipro, ~haU ppa~N
ro rNew, dischar~e, mod;fy ~hange or affed tha orgina! liability of the MOAiGAGOR her~iq, sither In whote a In put.
)0 !1 k spec~P,caUy agreed rhat rime is oF the esxnce of this contract and tMt no wslvar o{ any obl;pation h~raw~det p of th~ oblip~tion N.
cu~ed hsreby shall at awy twne thereafier be held to be a waiver of the terms her~of a of tht irotr~xneM aauK~d hKby. .
11. In add~tion to the forego:ny monthlY paYmanr. of ~i~c:pat and interest required by the promisfory noto s~cwed hereby. nqrl~por apv~rnny
and agree! to pay !o mwtgagee with exh monthly paymcnt an additiona! sum estimated by eqrtg~ys~ fo bs equ~~ tp 1~1~ of tlw a~r~y~) o0tt pF dy fp~low~
ing:
A-All resl property taxes kvied ar assessed against thr above descri5ed ~eal estate.
8-Premi~ms on fire and windstorm irourance as herein requ~ted to be curied on the irtiptovemtt~fs sitwb on th~ ~bov~ d~saibd pr~rtd~N,
• C-~'iemiw»s on suth mortgsge guuanty inwrar,ce as mortgagee shsll from tirn~ to tims de~m fif tp carry pn th~ (pan Mqitd hsr~by.
Mortgsgee shati fran time ro t;me notify mortgsgor ~n wrGting of the amo~nt due and pay~We Iweurwla~ and wth w~n shag th~twpon b~ du~ ~fd
rayable on the due date of the next monthty payment and each successive mon:h thereahe~ until mortQspe~ ~hsH notify mortyappr pf ~ ch~ 1n wch
>T:ount. Sucb wms shall be applied by mortgagee ~oward the payment of reai propery ta:es, irounnce pemiumb arul rhpttpap~ pu~a~ (nswanp~
p~eniurtq. ' ~
IN WITNESS WNFREOF, tlx sa:d MORTGAGpR has hereunto set his hand ane! sest the d~y ~nd ywr first a id,
~ iy+~cd. 5~ + and ered in the presence of:
_ ~
_ n
5TA7E OF FLORIDA ~
counm oF 5.~. ~a~~i A
Before me personaly app~a~ed .T. Tii~'~° -
~nd
R p a e i 1 e en TA rA,~v hi~ wife~w m~ well known ~nd known to nw to b~
the indnduab dewGbed in and who executrd ihe fwegoirg irutnKnaM, and ack~wwkdpd befor~ mt tl++t thcy exsouted the ssmt fot tiN purpw~s
rherein e:p..ssed, prri rhe ,,;d Rnse i 1 APiI Tgrc~v
rf~fe of tF~ ssid D~ T T~ ay - opon ~ s~pa~at~ ~nd piraN
exam:nat~on by me tsken separate and apan from her said husb~nd, sduwvaed8ed to ~r+d befwe m~ that sM exewttd s~i~ ~t~ fr~y
ra~~ly ~nd without anY oomPulsan, comtraint, apprehens~onj~or fesr of w fiom her ssid iwsbu~d.
WITNESS my iwr~! s~d official seal t1~ ~li ~y ~ /1. C. i9~_
Nonry Pv and for tM Sqts of Horida at La?~
Qehwn To: - , . . ~ ~m -
Fint fndKal Ssvirgs 3 loan Association Notary PuWC, llrAa d florida at l:a •
r,, - ~iy CommiisiOn Expirts Aug. 6, 19i~
oF Fo.r rK.ce. 3~,,~'~ 8onded 8y AmsriCan .Surety Co. of N. x
fort Pierce. Florids ~~v~~~••••••~~ ~r ~y . - _ .
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= ~ ~ ~ v ~~':~`'s
= R'. ~ :•c's ~ FE~EO AtyO RECORDEO
• : , ' ~ ~ ,n = ° _ • ~ ST. Ll1C1E COUNTY. FLA.
t C~ ~ ; _ RECOf~O V£RIFIED '
= Q'' :
~ti~~; 15026
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' '66 ~iOV Z $ ~ AI~• 10 : I 5
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otrr , pArr ~ - fSI.ERK CIRCUiT ~RT ~
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