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HomeMy WebLinkAbout0605 . } i y ~ . . S. To pbo~ ~nd aon~inuou~lY kNP on th~ buiWMgs now o~.Mn~h~r si~va~ on Nid land snd on all puipnwnt ~nd P~+on+~h ow~~d b1? t~ ^p'q' ~p~, with all pr«niuny tMr~on p~id in fv14 fin inwranc~ in ttM wwl s~xdud policy fom~. in ~ sw~ approwd bY tM MORTGA~sEE. ~nd win~twm kuw~nq In tM viw) tluwl~n! policy tonR M• awn ~pprovd bN ~M MORTGAGEE. M+ wch ~omP~^Y a comW^~q p tM IVhflRTGAGEE nwy dinctl end aN ftn ~rd wind~arm in~xana polkies on a+y ~ s+id b~lldinp~ any InN.~st ths.Nn o~ pu~ thenof, h tl» +pqrp~b awn aia~aafd a in ~xaa Nw~~of, ~h+ll ea?bin tl» ~w+l uN+dard mwtya~e daus~ a wd+ othM dau~ ~s th~ Map+pN n++y nVuin. m+k4+p tM loas w~ ~aid po1F ci~s. wch ~nd ~wry. WYabl~ q wW MORTG/?GEE a ih {nterest nwy ~pp~ar. aed e+ch and ~vNY s~ch policy sh~ll b~ prompth +s+~9n~d and dsliwr~d ro ~ ~ny Mid by wW MORiGAGfE a furtMr wcwity w aid morq+p~ d~b6 ~d. nw less ~Mn tM (10) d+ya in advana of tM ~~~tion of ~ach policy. ro dr ~ Itvs. to ~id MORTGAGEE • r~w~l th~nof. top~tMr with a nc~ipt fa t!N p~miwn oi wd~ r~nswatj ~nd ~Mn sMll b~.no fin a win~bro.m insw+nc~ plaad on any of s~id bufldkq~„ ~ny intaat tMr~in w p~.t tM.wf. vnkss tn th~ form ar,d w~~h ~M loss P+r•bl. as •fa.s.idr and ~n ~h..wm +ey wm of nwn~r b~can~ payabl~ w~ wch potky or policiws said MORTGAGEE ihall hrw th~ option ro no~iw and ~pply tl» sam~ on ~caow?t of th~ ind~bte~ ; n~at ~cw~d h~r~by or b pennk said MORTGAGORS ro neaiw ~nd u~ h a any put thereof fw aher pu~poses. w~ti+out tM.eb~ waivinq a imWi?- +~w +~+r w~+~b. IiN? w ripl?t w~da or by vir~w of tNs narro+p.s and in iM .v.n~ sad MORTGAGORS •hall fa a~y ~~ason fail ro ka.p ~h. •aid pnmis.a w truur~d, w fNl b d~livK pro~nWh +nY of wb polK~ of inw.ana ro ~.ki MORTGAGEE, or i~1 promp~y w p+Y fi+~N +~Y w«~+~um rlwr.fw w~+ a~r rwp~ct fNl b paiora~, ditcl~qir. ~c~. ~fftct. comPbt~. cort?PIY vrith and ~bid~ bp tl~is cown+M, a any pa?t Mnof. said MORTGAGEE ~nay plao~ and P+Y for MKh iMWarlt~ o~ anr parf thM~of w~ ~ aiv~~a/ff~~nd psy~aW~ and slNt~~bw in»~gist from th~ daMYtherwff~nhl p+~1d~~th~ Wto full amaNy of Mth M~d wMy t+rch paym~nt ° ntr» pp pntwe pN ~+nwn and topeths+ with wd~ inMrest shall be sewnd by th~ If~n of this morq~pa To p~rmil. aommit a wff~r no wast~. I111MIr1MAt 01 dliK~Ofit101f O~ N1d ~fOPO~fy Of ~f1y pYt 1F~NlOf. S. To pay dl ~nd sbgular th~ cos~s. dwrpK and expa+ses, indud~np a re~son~bl~ attorney's he and oosM of abatrac~s of titl~, incvad w paid d any tim~ by wid MORTWIGEE. b~caus~ or in tl+e ~wnt of tM faihx~ on th~ part of tM aaid MORTGAGOR a duy. WomPty ~nd fuUY P~rforrn, d'ach+~pR ~xecut~. ~ff~d. oomPMM, oomPh~ with and ~bid~ b~r ~ad~ and ~wry th~ sripulations, ~yreemsma. conditia?~. u~d oowna~n of s+id pramissory not~ and Thi~ mortyap~ ~ny or ~itMr. and u(d owts. d~es and e:p~rwa esch ard ~wry, shall be irnnwdisuly due uid psyaWsj w1+etM? a not th~r~ be notice d? msnd, atttmpt to ao1Mc~ or wN p~nd'nps and tM firll amo~w+t of exh ~nd ~wry such paymsnt ihall b~a~ interqt fran the date thKeof until p~id at the rate of n1M pK oentum per ~nrwm; and ~II s~id costs, chu~s u~d expenses innxred w paid. 1op~ther with such IMaut, sl~+11 b~ s~cvnd b~r th~ li~n of ti~ muty+pw 6. Th~t (a in tM ~wM of any bnach of this Mort9spt w defwlt on th~ part of the MORTGAGOR, w(b) in tM ~wnt My of ~aid wms of mon~y h~r~In nf~rt~d to b~ nof promptly and fully p~id withi~ thiny (30) days nex~ afte~ ~he same sew+~lly b~can~ dw snd p+y~bl~. without ~m+nd a ratic~. or fn tM ~wM ~ ud ewry 1M sKpulatioro. ~9rsana+ts, ca+ditions and coven~nn of ssid pranissory no1~ and tlus mortpap~ +oY w ~itM? an no1 ivly, wanPtlY ~nd fulb P~~form~d. d~scMrped, ex~cv?~d. ~ffected, c«nPleted. canPlied wirh ~ad ~bided by. tMn tn ~itAa a~ny sixh wM~ Nw said ao- preyah wm m~nYae~d in s~id promis:ory not~ thei+ remaini~p unpaid. with ime.~st ~cuwd. and all moneyt wcvr~d. hereby. shall beoonK dw and p+Y- abls fonMwith, a tMrNfla, at the optan of said MORTGAGEE, u fvlly and compl~tely as if ~II of the ssid wms of ma+~y were agin~ly stipulafed to be paid on such day. ~nytNnp in said promiuory eot~ w in this Nlatpap~ to tln cont~ary nawi~hstuidinp; and th~rwpon w ther~~h~? at tM opiwn of uid MORTGAGEE. witho~t notia or dM~w+d, wit ~t law a in pvity, thnefon w thaufr~r be~rn. nwy b~ pro~acvt~d as if all moneys s~cvr~d haeby n.d m.n,..d pio. w ia 4atin?tion. 7. Th~t to tM tvant th~t at tM b~inniop of or at any tim~ p~~rg any wit upoe this Mortgape, w 1o fw~clos~ N. w w refonn ft. w to enfora ' payr.~ent d~ny daims Mrwnd~r, s+id MORTGAGEE ihalt apply ro the Caxt Mving jwisdrctan therwf for th~ appantment of + R~ceivar. svch CouN sh+ll FwthwNh ~ppoint s ncsivu d w1~ morty+p~d prop~rty +11 and sinputar, irKlud~np all and w~gvl~r the inoonK, pofits, isiws and rewnws from wFNtevK wura_ d~riwd, txh and ~vwy of which, it beinp expressly understood, o hereby mor~gaged as if sp~cificslly set fwth u~d dewibed in fhi 9rantinp and habendum da~s~s I~wf, snd wch Reo~iwr sMll h~w ~11 the bro~d arwl effectiw fundam and pawen in ~nywise entruated by ~ Court 19 a Reo~iv~r. ~nd ~uch ~ppotntm~nt shall b~ md~ by wth Court as an admitted equity ~nd a m+tter of absdute right ro s~id MORTGAGEE, and without nference to tM adpuacy or in~d~qw~.y of tM wlw of the property maty+ped w to the sohrency w insolvency oi saW MORiGAGOR o~ tM d~fend+nts, and tMt such ~ renn, profifs, inoane, iasues and ~wenues sh~ll b~ ~pplied by such Reuive~ saardinp ro ths U~n or aq~rity of uid NWRTGAGEE ~nd Nw practic~ of wcA { Court. 8. To duly. pranptly and fully paform, d'acF~ary~, ~xecute, effect, eon+Ale~~, oanplY with and sbids by each ~nd ~wry tlr sHp~latioru„ aar~nents, conditions ~nd ooven~nb in s~id promissory note ~nd this matpsQ~ set forth. ' 9. Th~t in tM weM t!w ovvnersl+ip of the mort9+0~ P~~. or +nY P~rt thereof, becornes v~shd in a pNwn oth~? thsn th~ MORTGAGOR. th~ MORTGAGEE, ita svcpswa uid ~ssi9~s, m+y, without no~ice to tM N10RiGAOR, de+~ with such wa~s~or or ~+a~ssor io interest with rtfaMCe to this mortgsp~ and th~ deW hereby setwed !n the same m~nner as with Mwty~or without in ~ny way vitiatieg w d~xMry'ug the Mortyayort' li~bility her~- under a upon the deb~ hereby secured. No ~sk of tM premises hereby mortpaged u~d ra forbes?~na on th~ part of tM JNORTGAGEE or in wocessors or easigr?s and no extension of the time i« the paymenr ol the debt hercbr secvred ~ivan by fM MORTGAGEE a its succ~ssors or +uig% sh+ll op~r+t~ to rekat~, d~cMrye, moditY cMnpe or affsd the originsl liability of th~ NIORTGAGOR herein, ~ither in wlwb w in part. 10. It b apecifiully apreed that Yime b of the essence of this contrsct ~nd that no w~lwr of aqr obliyation hereunder or of th~ oblipatlon sr cvred hsrsb~ shall at ~ny tin~ thaeaha be held to be ~ w~iver of tM terms hareof or of th~ irnuument secw~d hsrby. 11. In additan to the fwego:ng monthly paymeMS of prine:pal and interest requlred by the promis~wy note secured hereby, mortyagor oov~n~nri and agrees to pay ro n~wt~apee with esch monthly payment a~ ~ddi~ional sum estimated by mottgagee to b~ eqwl W 1~12 of the annwl cost of the follow- i ing: it A-All rsal property taues kvied a sssessed agaimt the sbove dewibed real estate. ' t 8-Premiums on fin ~nd windstam i~uurance as herein requ'aed to be urcied on the improvamenfs situate on ths sbove dewibed pre~iues. ~ C-Prdniums on such mort9agt 9usranty inwra~ce ss mortgage~ shall from t~me ro time deem fit to urry on the loan secured hetcby. • i Mwtpapee sh~ll from time to time ewtify mo~tgsgor in writiog of the ~rrwunt due a~d payabk hereunder a~d such sum shsll therwpon be due and i oayable on the due date of tM next monthly payment and ex6 succeuive month thereafter ~ntil mortgspee shall notify mort9sgw of a thanpe _ in such ~ amount. Such wms sMll be ~pplied by mortys9ee towud the payment of ~eal prop~rty taxes, inswsnce prem:wns, and mortyspe ywr~nty inwr~nce ~ premiumf. . IN WRNESS WHEREOF, the said MORTGAGOR h~s hereunto set his hand and sest the day and ysu fiint ~foraaid. ~ Swlsd dsl in tM p~ssnc~ of: ~ ~ ~ , ~ ~ te"~ i K--n ~ ~ STATE Of FLORIDA ~ tourm oF St. Lucie i p.,,p,~~~,,,pp.,r,d Edmund M. Redke ~ ,na Doris M. Radke ho w~e, to ms we11 known and krawn to ~r~e w b~ ? the individwb deton'b~d in and who ~xetut~d the forepoinp instrum~nt, and aclcrwwlsd~ed befote mt th~t t!?ey ~xewted the ~am~ for ths pvrposes theroin expren~d. Md the u~a Dorie M. Re(jke _ i ,N~te of th~ wid Edmund M. Radke - , upon a sep~rate and~priv+t~ ~ examinaYan by ms taken s~pint~ and apsrt from ha said M~sb~nd, adcnowledped to end befw~ m~ that sM e:ecuted said imtrvment freely~nd votuo- tarily end withwt +oY oanpulsion, oonshaiM. +PPrelxmiay,~ fea? of or from her s~id IKtsband. L.~ WITNESS my h+rd and offkid sesl $i~T~ y_ ~y ~ /1. D. 19sa~. ~ Notsry P it in ~nd fw the St+ts of florid~ at lupe . My ' ion expir~s: R~Ivrn Ta F~nt tia.~.~ ii yo~.:iw°~•'~°" R CORDEO Notary PubNe, ltate of l~ortda at Carg~t ' ~~`p~,. ~ F~~EO AND N7Y F~-~?• ~Ay Commiss~on Expins Aug. 6, 1~67 i feq~V~ra~}~i~ - S'T. ~UCIE C~ R~F~Ep 8onded By Amencan Surety Co. of N. Y. ; : .~\~~......:UQ RECORO r . ~ . ` . •••..F,~~,,f . 1519Q1, ~ ' r;~• j' :Z~ - . - //n ~~1\ ' ~ .'O • 54 . ~ .~.~~r • ~ ~ V~ ~ - ~ •1G J~~ : ~~~~;;AvB` :'r= - OG~~ C'OITRAS .''j,;~0~ • : CLERK CIftCU17 COUR7 . • (p^tpti..~~'' - ~ • 600K164 603 i _ - - ~1~, - - - . . R~S~:.