HomeMy WebLinkAbout0186 To ptaa and wn?Mw+ouab ke~p an tM buiidings now a M~~aft~r ~itvaa on s+W land and on all pvipmn? ~rd PKSO^~~h? oow!!a b'1~ tNs "~a~0' _
s~~, wnb .a ~.n~. ~hu.o~ P.d ~n f~,ib a?. +~vs.ec. h th~ vw+l sundard Po1icY fomn, in a swn approwd bY tM MORTGAGEE. and wlndrw~ ,
Inwr~na N tM vwal sundKd policl? fam. in • swn ~pprov~d by tM MORTt3AGEE. In wch compsnY or aanP+~ia a tM MORT6A~3EE may
dirKtj ~nd atl fin ~nd wtnd~wrm i~waea potieia on ~ny of s~id buildiep~. ~ny inl~.~st tlw«fn or pan tMrwf, in tM ap~p+~~ wn+ ~faaaid a
In ucaa tlwr~of, sh~ll oontain tM ~su+l standud morpa~ c1a~ a such ahM dau~ u tl+~ Mo?tp+~ R++Y hv~+~. m+kinp tl+~ loas w~dK said po14
ci~s. Nd~ and ~vNY. WYsbl~ a wid MORTGAGEE ss in interest m~r ~pp~x. ~_~A and ~very s~rch policy ~hall b~ pranpty us:9ned ~nd d~tivK~d ~o
•ny Mid b~? s~id MORTCsAGEE a fwtMr ~wit~r to s~W mwq+~ d~bt, +n~. nW Iw than tM (10I days in adv~nu o( tM ~xpir~twn of sach policy. ro d?
liv~. to ufd MORTGAGEE • nmwal tMnof. top~~iwr with • naip~ for th~ pr.sjwn of such ~~walt ~nd ~hs~~ sh+ll b~ no fa~ a windstorm t~suru~a
pl~d on ~ny of ~aid buildinp~„ ~ny interat tFwr~in a psrt tFwwf, vnleu in tFw iwm ~nd with tM loss p~yaW~ u afon~aidr,+~d M~ tM ~veM any avn+
of n~r baonNS p~y+bN ue~~ wch poticy w polici~s s~id MORTGAGEE sMll haw tM option to recsiw a~d apply tM sam~ a+ +cca+e~ of ~M i^d~bted'
neu sKwd h~t~bp a w p~m?1t s+id MORTGAGORS to reo~iw and us~ h a any part thereof fw other putposeb wi~hout the.eby w+ivinp a impair
inp anY pvitr. li~n w riqht ued~~ w by vktw of this mat~ap~t a~d in tM ev~nt said MORTGAGORS sl++Il for ~ny nawn fsil_ fo ksep th~ aid prNnis~s so
inwnd. w faU b d~liwt P~~P~~Y ~1? of s~id policiws of imw~ to s~id MORTGAGEE. q fail promptly to p+y fully ~ny pnmium ti+erafor or in any
nsp~ct fall b~rfwel, d'isth~r~, uacvb. tfhct. camPl~b. oomP~Y wi~h and abid~ by this aowrynt, w any put hK~of. said MORTGAGEE may plaa ~nd
o+r for wd~ 4au.ano~ w.rqr part tlw.of wirhout waivinp a aff.ainp .ny optio~ li.n, eq~i~y. a ripM w+d.. « by v'utw of ~h1• Mort~p.. +nd. d+e ~
f„u .~wwa of «ch a~d w«y wd.-P.y~?.m .~~i b. ~,,.away d.,. ~~d P.yw. .~d ati+n b..r ~mea t~om ~h. d~~ cnKeot v~~~ w~d th. o~
nin~ p~r amwn pK ~x~wn snd Wp~~Mr with wch interest ~hall b~ sttured by th~ lien of this monypw ~
To p~rmit, oommit a suff~r oo wut~. IIB~iiIIltlfM Ot df1K10fa110i1 Of NIiI PfOPlfly Of ifly ~Mi 1F1lfW}.
S. To-WY ~II and sinp~l~r tM costs. tMry~s +^d ~xPKnes, includinp a~easo~bl~ atrorneY'~ fes and oosb of ~lutracts of 8tie. inevn~d a p+id at
~ny tin» by wid MORTGAGEE, b~uua~ o~ M th~ twnt of tM f~ilur~ on tiN paA of tM s+id MORiGAGOR w duly, prompty +nd fully pKfwm. d'ach~~
~xacv», efhd. aoTP1eN, aomplr with and abids by ~ath and every th~ stipulatans, .~~eamenrs. co~di~iora. and oown+nn of s.id pomiuory no~~ u?d this
mortpp~ anY a eitha. ~f1d Mid COlt~. CI1if~M Nld fX~11Nt. QiCII Nld ~Wfy. ~MII b~ inrnediately dw and p~y~Wej wMther or nof thsn b~ notia d?
msnd, ~ttsmpt w oolbct w wit pM+dirg~ aod tM fvll srrwunt of each and evNy wch psymMl shall bea. int~n~~ fran tM dat~ th~nof unNl paid ~t tht
rate of ~ pK oantum per aewwm; and +11 said oo~ts, chsrpes and exp~nses inaxnd or paid. topethK with wd? int~nat, sh+il b~ s~cvnd by ih~ li~n of tlww
mortpapw
6. 11w1 in tM ~vsnt of amr brs+ch of this Mwty+y~ w defsult on tlr psn of the Al10RTGAGOR, w(b) in th~ ~vMt ~ny of said wnu of ewrNy i
henln r~f~n~d to b~ not promptly and fully p~id within ?hirty (30) days next after the same severally b~cort» dw ~nd p+yable, without demand or notia.
or W in th~ went each u~d ~very the stipviatioro, ~reemeots. cond7Yans and coven~nb of said promiswry note ~rd this mo~ly+p~ a~71 a elther ~n nol
iuty, prpnptip and fully pe.formed, dischar9sd, ~xecvted, effacted, cor^Pl~tad, coraPlied with and abided by, tF~n in titMr w any such ~wn1 tl» a~id
Qrsp+t~ wm m~?tiawd in said promiuory not~ then remaininp unpaid, with intere~t acuued, ar~d all na~eys ~ecwed. hareby. sMll b~con?~ dw ~nd p~p
~bl~ forthwitly p tMrMh~r, ~t ths option of said MORTGAGEE, u fvlly snd compktely at if ~II oE tM uid sunw of monsy vwre aipin~lly stipulated
to b~ paid on wd~ dsy, anythinp in said p.omissory nots or [n this Mortgaye to tM tontrary ootwitMt~ndinpt and thKwpon w thsreahet at tM option of
uid NWItTGAGEE, withovt notio~ w danand, wit u law w in ~quity, tFNfffOff Ot fhOfNf1N blQW4 1My ~(~tOMq110d u if ~!I mon~ys ~ewnd Mr~by
hai! mattrt~d prior to iri inttitution.
7. That in th~ went th~t at tM b~yinninp of w at ~ny time p«~dinp any wit upon this Albrtg~. w~to taeclop h, or to rofwm it, or to enfora
paym~M of any daimt Mnunde?, said MORTGAGEE sh~ll apply to the ~ovrt havirg jwisdrction thereof for tFw appointment of • Receiva. wd+ Cowf shall
forthwith ~ppoiM a naeiwr of si mwtyaged ptoperty all and siegvlar, includm~ all snd sirgvlu tM inmme, profiri, hsws and reve~~e~ from whatevK
~ourc~ d~riwd, wch ~nd ~vsry ~which, it be+eg ~xpressly unde~stood, is hereby mortg~ged as if spec~ficslly set fath and dewibed In thi 9r~etlnp and
hab~ndum clavs~s hereoi, and wd+ Rec~ivK sMll h~ve all the boad ~nd effective ivnct~ons and powers in anywiu entrusted by a Cou?t tp a fteuhr~r, ~nd
wch ~ppoimn~t ~hsll b~ m+d~ by such Co~rt as ~n ~dmitted eqvity and ~ matter of ~bsolute ripht to aid MORTGAGEE, u~d witlw~t roferer~u to th~
adpu~ty ot M~d~quaty of the wlu~ of the properry matp+ged w to the solvency or inso~venty of uid AhORTGAGOR or the defendaets, and tM1 wch
rems, profNs, tncorns, issws and nverwres sh~ll b~ applied by such Receiver +ccwdinp to tha 1'ien or puiry of ~id MORTGAGEE and tM pnctic~ of such
Cartt.
8. To duly. pranpHy ~nd fully p~rfwm, d'acMrye, e:ecute, effect, canplet~, tomplY with snd ~bide by ~ath and every ths stipulstion~„ pr~rwMa,
condi8om and ooverwnn in aaid pron?Iuory oote ~nd this mcrtyage set fath. '
9. ihat in tM event tl+e ownenhip of the mortgaped premises, w sriy part thereof, becomea vesbd in ~ pxson other t1Wn t~+e INORTCsAGOR, th~
MORTGAGEE, ib wccesswt and auipns, may, withow notice to the MORTGAOR, desl with such svcces~o~ w wa~ssor in interest with r~fer~nce to this
mortya~ and the debt hereby secwed in ths tama maru+er as with Mortgagor without in ~~y way vitiatinp or disd»ryirg tF~e Mwtpsyors' liability her?
under or upon tM debt Mreby xcvred. No tak of the premises hereby mo.tgsged +nd no fo?bearance on the put of tM MORTGAGEE a ih waesson
or aui~ro and no extensan of the time fw the paymcnt of the debt hereby secured yiven by the MORTGAGEE w ib wccessoa w+uiyns, shsll operah
to releatt, d~iuh~~e, modify tha~ w affect the wiginal li~biliry of the MORTGAGOR hsrein, ather in whole w in puf.
10. It k ~pecificslly apned that time is of the esxnce of this contraN ~nd thst no waiwr of uiy oblpatan buw~der or of fhs oblip~tan ar
cured ha~by ~hall ~t ~ny time theresh~r be held to be ~ wsiver of the terms heraof a of the instrument sewred Mrby.
11. In additan to the fwego:rg montF~ly payments of princ:pal and interest required by ihe promisswy note secured hereby, mwt~agor aownaMS ~
and agnes ro p~y to morty+gea with euh monthly payment an addirional sum estimated by mortgagee fo be equal !0 1/12 of the annuat cost of ths fol{ow-
ing:
A-All red property tsxes kvied or assessed agai:~st the above desvibed re+l estate.
8-Premivms on fire and wiedstam insurance as herein req~~red to tx carried on the improvemcnts situste on the above desvibed premises.
'i C-Premiuma on wch mortgaga gwranfy insunoce as mortgsgee shsll from time to time deem fit to urry on the loan secured hereby.
I Mortyagee sl~all from time to time notify mortgagor in writinp of the amount due and pey+ble hereunder u~d sucfi wm shall thereupon be due and
payable on the due date of the next monthly psyment ~nd exh successive month there~fter until matgsgee shsll notify mortgsgor of • change in wch
~ amo~nt. Suth wms shall be ~pplied by mortgspee towsrd the payment of real property taxes, inswance prem:ums, and mortgage gwr~nty tnwr~nce
i premiumw
~ I WITNESS WHEREOF tM said MORTGAGOR has hereunto set his hand snd seal the day snd yt+r f' t es~id.
~ SNI}~ de ed tht prpenc~ of:
0~~~ ~ - q
.•n
n
(
rs.~,q
STATE OF FtOR10A 1 ~
courm oF St. Lucie
~o,,, ~,~,iy Willi~m Zeller ,~,a
Dolores T. `L611eP !us wNe, to ms we11 known and known to me to b~
the indlvidwb desoribed in and who ex~wted ths fue~oirg insbwr~ent, and acknowkdged before me that tMy executed the sams for the p~+rposes
.~a.,..a. ,~,,,d ,i,~ Dolorea -T. Zeller -
W;Fe N~ William Zeller - , ~v~~T.~t
examin~tion by ms tsken wpsrste and apart from her s~id husba~d, adcnowledged to ~nd befwe me thst sMe executad sa~i~l,1d$rqlFr~rg~*,!„d vol~m
Y n+d without +^Y comP~b~on, cautraint apprc w feu of or from her said husb~nd. ,~•y~r"
taril
WITNESS my hand ~nd official seal thK ~ 4? ~y - ~-`r J?:•D1'f`L4~
- - ~~~r.;.~~~'
• _ a~
t-
, Not~ry PuWic in and fot tht Stam'qFf'(~ridrf'~t`l.ard? -
. My earo,?iuion •xpires: ~ ~ ' ; U C _
Retvm Ta. ~ . - Yt-.::t
,
Fint~sd~wl Savirgs i loan /woti+tion : : ` ~
Of iwt Pisrce. NOTARY PUBLIC. STATE of FLORIDA et LARGE ~i•~i
f 77 I
Fort Pieree. Florids MY COMMI5SION D(PIRES APR. 2~. 1969 .
FIl.EO AND RECpRpED
_ • ST. LUCIE COUNTY, i~~q. ~ ~
' RECORD E~IFIED
1
~ _ . '~1 JAN 5 PN ~ : 06
151011
ROGER ? O~TRaS
CLERK CIR COURt
~ - 0 R
- ~ ,
- ' 'aRa^`'y~ ..1'~ji+~-by~ ~F':;.~ LLi
~S_
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