HomeMy WebLinkAbout1248 To pl~u ~nd oon~i~woinM k+eP on ~h~ b~,ildin~q naw a Mn+ftK sitwN on said 4rd aad on ~N p~+ip~NM ~nd p~rwr~lh awr~~d by Mts ~or4
~ge~, w~ ~N pr~mi~~a tl~~ p~i~ in f~tl. lin tnswu+ce ie tM wul aandud Po~KV for~, b• w+~ +ppowd b1? N~t MOtTGAGEE, and wind~Wr+w
~nsww~o~ in tM wwl u~nda.d poi:cy larn, in ~ swn +pprov~d by the MDRiGAGEE~ b wd~ aomP+~1? w oo~i+~~ a N~ ~TGJ~GEE ~Y
du~ct~ ~nd aq fin and windsb~n~ insuranca Wtki~es on +~p of sa~d bu4~d+npq, M+1~t dw~in w part dw~o1. In t!~ apprp~N ~ww ~fa?N~k) o~
In acoaa NKnof. shaN oonqin eM vw+l standxd n+or~9,sw ctws~ or wd~ wMr dwc~ w tM ~orpap» m+1? n~wr~. a~ki~ M~ IoM und~r s~id ook~
ciss. ~ath ~nd ~v~y, WY~blt Kr said MORTWIGEE as iq enletest :eay a~»a/. and Nch ~nd ~vM~l stKh po1fCY ~l+all b~ ptowipdy ass:~d ~t+d ddivN~d 10
.ny Mld 'q ~a1d .iI1~ORTGAGEE +s fw~M. secwih~ ro aa~d m«~9+9~ deW. +nd. na I.ss thin r~n (10~ d~ri in ~dv+no~ af N~ ~~kation ~ wd~ polfcy. a dr
I:ve* to s+id MORTGAGEE a ren~w~l thK~of, ~opstha wi~fi a reu+pt fa rhe w~ww oi wch ~~wal; ~nd tMr~ sh+l! b~ no fr~ a wind~ar~n Mqwa~a
ptscd on ~+y oi sa;d bvild'ug~, ~ny ioterat theran or part Nw.eo(. unless in tlr fom and wieb dw loss pqabM aa a(o~~a+idt and in tl~ w~nt a~1r w~w
of mon~y b~e~pmt psY~Elt une+~r wd~ poliey or polKiss said MORTGAGFE shaU hiw t1» option te roa~iw and apply tlr sai+M an ~eeaue~f d tM ie~d~bad-
neu s~cwed Mnb~r o? a pKmit ~s+d MORTGAGORS a roaiw ind u~ it or any part thr~aoi for otlw~ pwposw without tM.+Ov w+~~^4 a~P+~`
~~+9 +~?Y ~W+~~Y. IiM or ryht w+de~ a br v'arw d this mortya~e; and in tM ~weu s~id 1NORTGIIGORS sMll fa a~ry nason f~il to kNp rht uid pttmaa w
~~avred. a bl! w deliwr praeptly ~ny of s+id pol~cies ot i~uwsnos to said MOR~GAGEE. or fail ~oinpthr w P+y fi+~hl Pr~^wun+ tAshfa or tn ~ -
respact fdl b pwfonn, disti~ar~e. suscuta. ~ff~t1. compltte, compty wiih and abid~ bp tl~h tove~ant. or any Part Mnof. a+fd 11AORTGAGEf nwy pt~o~ and
pay for suth Imwante w ~ny parl th~teof w~tlaut weivinp oe aff~cfinp a~11 aP~~ (i'~, W~~b. or ripM uad~f or by virtw of N~is Mort9ap~, ~nd tl+t
~.,u s~~owu of .ach and .very wd+ ~ymeo~ ah~lt bs ~mmed~atey dw a~d p+r.bl. «+d ~l+~U bw tnarat fran ~ da~. N+K.ot umY p.id a~M, ~an d
n~ne pu ea~tum p~r annwn and to,~ether with such interest s~.atf be secwed by the liss~ of Mis morMa~. ~
To p~nnit. ooenmit or wifer ~o wsst~. impairment or dets~aration of said proputy at any WA thenof•
5. To p~y all and sieg~lar ~M ewta. chary~s and expenses„ incl++di~g • roaweybN atwn?e~/a fN and ewls of ab~tr~a oi thb. inarr~d or p~id at
~ny tims by asit! MORTGnGEf, bKavse o~ in the event of tM faikut on th~ put of tM taid MQRTGAGOR b duly, p~anph aed i~lh? P~~.
execute. ~fhct. canpista oanpy w~tl? and ab:de b~r each and every the sY~pulatiaa, ayrwr~ann. aonditiaw +~+d aaw~w~b of s~id praniaory nob ~nd tha
mort9ap~ ~n~t w ti1M?. u+d u~d costa, chxges and expenxs. ead? and ewry. slwll b~ L~rneiliasaly dur u+d paY+bbs wh~thK a not tMrt b~ eatia d~
mand. ~ttempt b aolkct w wit psn~rg; ud ~h~ full amoun~ of each snd ewry wch pymer~t sA+ll bsar inhrat from th~ d~ta tl~~of w~Nl p~W ~t tM
ra~e oi e~ins per oentum per uwMxe: and all sa~d costs, chxges u~d expenses ircwrtd w p~id. ~op~tMr with wch ints?~q. sMN M~~owd b~? tM li~n of thir
mo.lQpe. -
6. Th~1 (aI the ewnt of anY brcach oE this Mortg~ye o~ defau:t on th~ put of th~ NIdtTGAGOR, or (W h tks ~wrN any d s+id sunr af n?wMy
herein referr~d to be not pra~Hr and fully psid within thirry (30) days nexl after the sarn~ sevewlly b~oonw dW aed paYabb. wNhoW d~mM+d or ~wtic~.
or (c) in tht tv~m eath ud every the stipulations, agreemcnri. conditions s~d coven~nb of said pron+issorY noh +nd this mortpp~ anY a N1Me an no1
iuly. W~9~1? ~h/ P~~~. dixharged. executed. ~ffMed, comPl~ted. comP~iw wiib and abidad ~1r. th~n b~iflw ot ~n~I Wth rwM IIN said p~
grcgaM sum me~tioned in said promissory rwte then ?~nw~ning unp+~d. wiM inteses~ ~cawd and ~II moetys ~ecw~d. hu~bl/. ~11 b~oon» dw ae:d WY
a~le fOItMNifTy OI tMlfNNN. ~t rhe opr~on of said MORTGAGfE. as fvly and oompR~ely ~s if all of tM said wius d~y wK+ oripin~liy tfipulaNd
ro be' pad on wch daY, antnhiny io sad prom~ssory ooro or M t1w A~orps~e ro rhe comra?y nww~~hsrand~rg: a~nd rh.nupon w MK.afe.. a ~h. op~~on of
se~d AAORTGAGEE, without notice or demand, suit at law or in eqvity, therefor+ or 11~s+fter bgun, nNr b~ prowaiqd M if all moM11~ Now~d Mnb1/
hd~ manRad p.a. ro ~n ~~~ae~w~. _ -
7. Th~t in tM event that ~t the beginning of w ~t any time pnxxrp u+y wit upon this IVAorfpa~ qr to farclow N, a to nfam Ib or b~nfo?w
Pavment of any d+ims hercvnder, s~id MORTGACsEE sh~ll apply to the Cowt havinp jurisdiction theriof for tM appoG?IwMM of ~ RK~iwr. wd~ Cowt ~MI)
forrhwith sppoint a raceiver ofsa~ rtwrtgaged property all snd singulu. indud~ny all ~nd sirgulx tl+~ ino0irr. profits, itwM and r~v~nws from whaNnN
source derived. each and every oi which. -it being e~epressly unders:ood, is hereby mortg~ged a if spetifiully s~t forth and d~w~d M+ thi ~rantinp and
habendum davses hereof. u~d wc3+ Receiwr shall have a11 the brwd and effective functions aod povvers in ~nywis~ u+lnnNd bY ~ Cou~f p~ Repiwt, and
s~ch appointment shall be made by svch Caxt u an admetted equiry ~no ~ m~~:x O: absdute rght ro said MORTGAGEE, wd withan nfNM~q Io th~
edequacy a iMdequscy of the v~lue of the p~qx.ty mortgs~ed or to the sonrency a insolw+rcy of s~id MORTGAGOR a tM ~f~nd+ntt„ and th~t sueh
renfs, profits, income, issues and reverwes sl?all b~ applied by wd: Reoeiver sccorc~ng a tM lien a~qvity of s~id MORTG/IGEE and IM praetia of wch
Court. -
8. To duly. P?a^~Ptyr x~d (vlly peafo~m, dsclwrge, execvte, effe~!_ coenplY with and abW~ by weh and fwry fh~ ~tipul~tioro, ps~M.
cond~~aro an~i oovenanss in sa~d pranissory note and tho mwtgsge set forth. ' •
9. TMt in tM eve~t the ownsnhip of the mo?t9+9~ P~~~s. a+nY Put tFereof, becomes vrst~d N ~ pKSOn oN»r th~n th~ AAORTGAGOR. th~
h',GRTGACsEE, its wcceuws ud usig~n, may, without notice fo t4ro MORTGAOR, deal with sud~ sua~ssw -Or ~uoassor in interpt wid? r~f~r~na b this
mortgag! aixl tF~! debl hereby setWEd in the same ma+++~ as with Matgagw without in any way vitiatinp a d'ach~r~u+p tFN Morp+pon' ~iabili~y h~r~
under w upon the debf hereby secwed. No sale of the Frem~ses henby mwtgaged u~d no fubearanct oe~ tM put of fhe N10RTGAGEE or hs wot~sson
or a:s~gro and ra extmsan of the time fw the paymm+~ of the debt hereby secured y'rve~ by th~. AIIORTGAGEE or its wca~ssors or aasipn~, sh~ll opwaq
ro release, diad~arge, modifp change or affect tFx uginal lisb;lity of the MORTGACAR hereiq, ~itlwr in whol~ a~ ~ part.
10. h is specifically agreed that time is of the esxnce of this tontr~ct ~nd th~t ta w~iwr of any oblipstion Mntwid~r or af tht oblipatbo M- _
cured hereby shaii at any time thereafter be hefd ro be a wairer of the terms hereoi or of the inatnKrnM aecw~d lwby.
11. In addition to the forego:ng rtanthlY paYments of princ pal and intetest required by the prpnrssory noM ietw~d hsreby. morlppor O~Ms
and agrees ro paY to mongagee with each monthlY paYmcnt ~n ~dd~rional sum cstimated by mwtyapee to b~ equal to 1/11 of th~ anrMial eat of fht folbw~
ing: ' '
~
A-All real property taxes levied or auessed aga~nst the above dcscribed real estate-
B-Premiums on fire and windstorm ioswance as here7n requKed to be curied on the improvermnb s~twli on th~ abov~ d~Kr~d prMniM~. ~
C-Premiums on such mortgage gwranty irnurance as mortgagee shall from time to Y~me deem fit to cairy on the losn Ndx~d h~r~by. ;
Morfgsgee shall from twne to time norify mortgagor in writing of the a:Y+ount due and payable Iwrew~der and tuth wm sMll tharwpon bt due and
; ayable on the due date of the r~eat monthly paymem a~~d each successive month thereaftd until mort~psye~ ~hsll notiiy mortgspw of • thu~p~ in suth
'f a-,ovnt_ Sud~ sums shall be applied by mortgagee toward tne payment of real property tsxes, i~swsn~e ptemiums, and morty~e ytwMMy tnwranc~
~ cremiurt?f. "
IN WITNESS WHEREOf, the said MORTGAGOR hu hereu~to set his hand and seal ti+~ day snd fLst sfotwaid.
Sgned. Seskd and i'el' ed in the presence of:
~ c c,~.,~.,.~o~~t~^~ ~
~ ~
e~..~
~ ` rs..n
~ STATE OF FiOR{DA ~ ,
~ ~
counrrtr oF St. LuCie -
Before me penonally appesred EcUnwic~ M~ RA [j~tA M1d
Dor i a H. Ra dke ~ M. M,;r~, to n,e „vel~ k„wn, ,~a waw~, w ens +o e.
the individwb described in and who eacearted the foregoiny instrumeat, and acknowkdyed befor~ m~ that thr~r ~xewted ths sarne for th~ pvrposes
therein expressad. Md N?e s~id ~02~~8 K. Radke -
~,sfe of the said Edmulld M. R8dke - upon ~ sepaate and p•w~»
ex•m~natan by me taken separate and apart from her said husband, adcnowletlged to and befart mt tMt shs execvted said irotr~t iteet~? and vol~x~-
rar,ty snd witho~t any oorr~lsion, constraint, sppreF~ens+on, w fear of ar fran her ssid Iwsbarwl. ' '
WRNESS my hsnd and official ~i ~~S ~~'~"ft a,Y ~ No ember p.1966
~
• - Notary PvbGc in r~d fx ths Statt of Noride ~t Larp~
Return To: . ~~~~taMiK:tr.. MY .
First Feder~l Sivinps d. toan /lssotiation `Z
; ~~j ~ ~-~'r . ~t! Of Ap/j~. ~ ~ - t
Of Fort Pierce. ~ ` ` ~ ~ ' ~ (p~s~ ~i ~6S -
~ - Fori•Pierce. Fbrida U' % b Awc~. F'w l Gw~, ~ '
FILED ~ND RECORDEO - - _ ~ : ~ -
~ ~+JNTY. ~LA. _ " rJ
~ ST. L.~ C1E C,~_~t~ : " ~J J ~ . , - .
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~ss Nov 2a PM~i 3 ~•~~.~?,,.,?:s:~:
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Ct..ERK GRCUIT COUR? ~ gOGK1VIJ PACE 48 ~ ~
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