HomeMy WebLinkAbout1250 9. To plae~ and tonlMwwusy E~e'P on M» bvild:w@s ncw ot IwtahK WuaN on said I~nd ~ed o~ atl ~qulrss~f M~d Yasen~lti osw~'~ b1? d~M
p~, wi~h ~N pnw~iuna 11w~on p~id in 1v11, fin k+svru~a in t1r ~sual sra~dwd poficy law~. L~ • w~ appor~d b1? iM MORTG/1GEE. ~nd vrindtlornt
insw~no~ in tM u:wl pardard pol:c~r Mrn~ h~ a•rn ~pprov~d bY tha MORTGJ1GfE. M wc~ ta~p~ny or oo~~~ M 1!M MORTGAGEE ~
dir~stt and ali flr~ and wirx~wrw~ inwrano~ pW~c;es on any of s~id build+~p~, any k+hnst tlwein w part tiw~of. b 1!r ~p9r+p+t~ !w~ aionlMd ar
In ~xuas 1Mnof. tlWfl oonf~in f!» usual star~ard mortgx~s~ tlwse p w~ otl~ dwM a~ th! Matpp~~ maY nqvir~, w~a?Np 1!N IoN w~ Mid oON~ .
ci~s, ~acA and ~wry. WYabl~ b said MORTGAGEE a iri inlaresl may app~lar. and Nch and wrry wd~ polic~? ahall b~ pron~ptlp pi~Y^~d M~d deli~x~d N
•ny Mld by s~id MORTGAGfE aa fwrha s~cwity ro s~id mapaao d~W. and. reo~ I~ss than hn (10~ d~ri in ~dvaew-,~ d tM ~xpiration oF Nch_policll. b d?
!~~e+ a uid MORTCJ?GEE • rawwal ~i,srROf. wqsdwr wi~h a r+ct~P~ fo? ~ht prantu~w Qf wd~ rMewalr ~nd tMn ~lwN b~ ea fin a windsana kawana
gt.ad on «ry of s~id buitdL?~~. ~ny intereu ~h«.in w p~.t the~wf. vnlsss 7n th~ ionn aed witA tir loss payabie a~ efa~s+idt and tn tM ~vrM «+~I win
of ~wn~y b~con»s p~yable ue~ wch policy a pol~s s+id MORTGAGEf sh+U haw th~ option b nuiw ard ~plr tM wn~ on +ocowN ot t!M hd~btM1~
ners s~cw~d hrreby a w p~anit s+~id MORTGAGOkS ro reoc~ve ~ us~ M a a~ryr part th~~eof fa Wl+e. pwpossa. wi~houf th~.eOY wiM"p o~ ir+~ysk-
iny +nr «~uity. G.n or rglu w~da a bp vc.tw oE d+is nwctpap.: ~nd th. .w~u s+d MORTGI?GORS al~.Il fa a~r n+son t~U a ks~a tAe ~aid P~«tiMS ~o
insw~d, a f~il w d~livu P~ooqtlp +~Y oi said policiss of Gaur~r~ce ~o said MORTGAGEE. a f~il promptly b psp iu~h? M1l P~~ntwn tl~~ior or in ~
rsap~ct f~N q pMfornt, disclwpe, uucut~. ~Hect. completa ccm~Ffr wi~h ww! ~bid~ by N~is aowi+anf, or +nY Pwt ~»+wt, a+id MORTGAl3EE mar pl~ and
P+Y for wd~ wwuano~ o~ a~ pwt NNnaf w:dw~rt waivieg a ~H~du+p +mr aWio~. lien. ~q~riK• w opht w~d~? ~ by vinw of M4 Morpa~. ~nd tM
fuu .eww~ ot .,ch «d w+~y wch p.~,r,s~u s~»U b. imned'~r.hr ai,d p~y~bl. and .h+~~ b... ~ troa~ th. d.a tMrwf i,+w P.id a th. wte ot
~trx pK antum pa aN+u~n ~nd ropethe~ with urb inrerest shall be sawnd by tM li~n of this ma-qp~. .
I. To p~rmi~. oanmit or suffr oo wut~. hP+irnxnt o~ deterior~tion of s~id propaty or ~rry parf 1Mreof.
5. To pay ~II aod ~irgular tl~ cosi~,. dwDei ~nd expenses, inckr~np a~tason~ble atrorne~/s fM and oosb o4 sblf~ads of Ktle, M~cwnd w pNd N
eny tmw bp s~id MORTGIIGEE. becwse or in the ewnt of tM failw~ on tl+~ part of tM ssl~ NIORTGAGOR to duN. promPdp +ed futh? P~~. ~K04
eaecva. ~ffaet. camP~~. ~Ph with and ab:de by s+d~ ~d evary ti+s st:pul+rior?s, r~nemants. aoo3'itiaw ~nd oovwnq of said promissory ~oh ard rhis
matga~ any a a~hu. and saed cosb. dwgcs and ~xpens~s, eacA and wery. alNII b~ 6mrrdi~l~ly dw and WYabMr wMtk~r or not thK~ b~ nWip d?
mand, attampt ro cdktl w wit pend'ugj and tht fvll anwwN of sach and werY ~ P+Ym~nt shall btar inisnat ftan tA~ d~M tl~ao~ unfN pNd tl th! -
rate of ~r~ per ceMVm pe~ arwttrm; and ~11 sa~d costs, t'~arges and expens~s inturnd or paid, ta~thar with auth b+Mns1` ~Itd~ b~ s~tw~d b1? 11M li~n of tM~
mwt~• .
b. TAat in tlw ev~nu of any breach of this Matgag~ or d~fsult on the p+rt ~ tne MORTGAGOR. «(b) in th~ ~wm ~ny af s+td wm~ of n~on~y -
heroin refKred ro bs ~at promptly and fully paid wi~hin ih~rty (9p? days next ~he+ tM same sever:lly bsooin~ du~ ad WY~. wi~hout d~n~^d a ta~1W
or (d in tht tvtnt eath and every the stepuktions, a9rearner?n, conditions snd covee~nn of s~+d promisw+Y noN and this enotqap~ ~M or NIM? w nol
iu1y, prompNy and ivly perfwmed, dasd+arged, enea+ted, effected, compkted, canplied with and ~birled d~r, then tn ~itha or ~n~? wch w~nt th~ s+W ao- -
gregste swn mer?t~oned in said promiuwy note t1~e~ remai~ing unpaid, with intaest ~.aued, and all mo~eys Ncw~d. Mr~by, sMlt b~oorn~ dw ~nd p~Y
able forthwitl~, a thereafier, at the option of said MORTGAGEE, as fvlly and compl~tely as if ~II of N+e said s~~ of maw~l vwn oripinNl~I stipulat~d
ro be paid on svch d~y, ae~ythinp in sa:d prom7ssory rata or in tlai Mortyage to the oonrrary notwitMt+t~nps and M~r~upw~ or thK~aftw H th~ option of .
sa~d AiIORiGqGEE, without notice or demsnd, wit at law a in pvity, tMrefon or tMrsaftsr 6~1w1, nNy b~ pra~wtrd a If all momyt Mair~d h~r~by
nad n,.~wtc, pr~o. a~n ins~in?r~oe.
7. ih~t in ths wenf that at the beginninp of or at ~ny time pe~ding any wit upon tlws Mafyap~ or b tareloN h, or to nfam k, Or to ~nforq
paymenf pf ~ny d~im~ hereunde~. s~id MORTGAGEE sMll apply to tlw Cant h+vinp lurisdiction thehof fo~ tIM appoinf~MM of i R~odvN. NKh Co1Kf slNII
forrhwith appoint s recciver of sai~ mortgaged p~operty atl ~nd sirgv!u. indudug all ~nd sinpula tM 6+oomt, pofils, tuws'a~! nv~nws fran wlut~vK
wu~ce derived, each ar~d every of wh+ch. it be~i+y expresay undars:ood. is hereby mortgaged af if sp~tifitally sN forth and d~wibd In 1l~i ~rantinp ~nd
habcncl~rm clauus Acreof. erd such Receiwr slwll A~ve all the broasi ~rrJ effecrive funct~an snd powra in ~nywis~ a~tnnt~d by ~ Cowt fp ~ R~aMr. and
wch sppointmeM sh+ll b~ mxi~ by such Cowt u~n admitted equity and • m~tter of absol~te right to ~id MORiGAGEE, and without nf~rtno~ b 1M
odequscy or in~deqwcy of ths vslve of the property mwt9aged a ro-t~e wivency or i~solvency of ~aid MORTGAGOR Qr tM d~f~nd~nts, and thN fuCh
~e~n, profin, incon+e, asuss and ~eve~+ws shall be applied by wch Receiver acoordi~g to tM Wn a~qvit~? of uid MORiGAGEE ~nd ttN pratlia of wch €
Court. - _ -
8. To duty, promptly s~+d fully parforrn, d'nchug~, execute, effect, complete, oomply with snd sbid~ by wtb and ~wry th~ atipulation~, pr~. f
cor,ditaro and oovenants in said promhsory note and this mortys~e fcl forth. " .
9. TMt in ths event tl,e ovvnership of the mort9~ WK^~. a+^Y P~ tF~eof, bscan~s vesf~d in a p~son otlw tFwn tht MORTQAGOR. th~
MORTGAGEE, Its successots snd essigm, may, withr.ut rarice to the MORTGAOR, deal with such woo~swr w~uoaafor in inte~pt with r~far~nq b thi~
mongage and the deW I+er~y sewred in the ssme maru~e? as with 1Nortgagor without in any w+y vitiatin~ or ~tlwyinp tIN Matt~apws' Wbiliry Iwtt
under or upon the debt he+eby secured. No s~!e of tF+e Fremises hereby mortgaged u+d no forb~aanot on th~ p~rt of th~ N10RTGAGEE p ip ~sots
or auigns and no extension of the time fw the payment of the d~bt hereby secwed y'~wn by fFK MORTGAGEE or its wooessors or ~stipM. ih~N op~rat~
ro rctease, disc!»rge, modify change or affect the uginal liabiliy of the W~~ORTGAGOR hertin. ~ither in wlwld w M put.
10. It is specificaUy agreed rhar time is of the essence of this eonrr+a ~nd th~t no waiwr of any obl'gation htr~u~der a of tM oblipation N-
cured hereby shall at any time tlxreaher be held to tx a waiva of the terms hereof w of tht irotrwe~M seaired Mrby.
11. In add~tion to the faego:ng monthFy payments of princ:p~l and interest requ'ved by the promis~oty note secwed hereby, motfpspor aovaynb
and agrees to pay b mortgagee with each mafthtY paYrne~t an addirionsl sum estimated by mortgagst b b~ eq'wl ~0 1/12 of N+s uwwat aost of tIN follow-
S.
iny: ~
i
A-All real property ta:es kvGed or usessed agai~ut the above desa~ed real estate. ~
B-P?emiums on fire and windstorm i~urance as Fxrein requ~red to be curied on the knprovam~.~b sih+st~ on fh~ ~bow dew'b~d pr~miMa. f
C-P~uniums on such martgnge gua~anty insurar~ce as mwtgagee shall from t~me to time deem fit ro carry on fh~ Issn tecw~d Frr~by.
' Mort9agee shall from time to time notify mwtgagor in w~iting of the amount due and p~yabk hsrevnder and suth w~n sh~ll tMrwpon b~ dw and
Fayable on the due date of the next mo~thly payn+en: and each successive month theresfter until mort~spe~ shsl) nofify mortgsgw of a ch~np~ M sud~
; amount. S~xh sums shall be applied by mwtgagee toward the payment of real pmperty ts~ces, ins~rante premi~xns, and morty+p~ ~varaMy MauruK~ !
~ premiumi " . . - '
IN WRNESS WFIEREOF, the ssid MORTGAGOR hss F~ere~jnlo set his hsnd and se~l tM day and y!N t afo?aai~.
~l~d,=~'E~snd detivy_ed in the ~
~ n ~
? ~~d . ~c ~a _ i
_ , ee.'° i
;
STATE OF FLORIDA ~
courm oF St. Lucie ~ -
aerae a,e pe„«„up ,ppea.ea L. ~1I . A dama n,a
P e a r 1 M. A d ama Id. ,N;r., „ m. ,wel~ kn,wn ,ne k,w~n, w m. m b.
rhe ind'nidwb described in and who executed tf+e fa~ instn~rna~t, and acknowled~ed befon rn~ N~at d~ey e:ear~ed the same for the purpwa
therein acptesfed. Ar~d ihs ssid P e S i' 1 M~ ~ d8111S
.v i ie of ths said I. ~ W- A d 8II19 ' . epw~ ~ separsts and private
e¦am~nstion by me taken sepante and apart from 1~ ssid husbay~d, adcnowledged to ~nd befo~e ms that she e~cewted wid inatnwr~ar~t fre~ly and vohro-
rar. y and without any canpubioey corat~aint, sppren~.~~ o~fl~r of w fiwn her ssid i~isb~nd.
wirNESS ~ n~,a ~a otf-~i ~i rr~= d,,, November p. ~q 66
~ ~ ~ ~ ~
_ - Hor,?,? P~,blic .?~a rc. r!» Sim of Fbria. .t t.rp.
~ • Retum Ta. ~ ~
F~nr Federal ~lotary P~bGc. Stite ~t rior.da at lrye
~ sw~rgs a toan Assoc~+noo _ ~(,p~;~~p bcp~res ~iutr. 3. 1969
Of Fort Pitrce. h~utw f~r~ i y~f ~
Fort Pierce. Fbrida „ `
D ~ND RECORDED
F1l.E ~OUNTY. F~. ~ ~ " : ~
- ST: t_UC1E ~~~R1FiE0
. ~C(.3r.i)° . . ~ fi,i fi n
~ :
- - -a" ~ '
. =
~ Y3.+-~ ' .
'~6 ~lOV 28 Ptd 3 : 3$ _ ~ ; ~ _
/ - ~
.~o3D d ~1~~'~~~ ' ~n~
'siA'~r ~ ~'~~TR"' 0 R '~a,r::u~,i::~~••
i;.,f; L±~CU~t COUR7 ~ BOOK160 PacE ~ ~ IJ+/~,
"
~ _ . -
~ -
~f -
_ _ ~
, _ ~