HomeMy WebLinkAbout0607 S. To plao~ aed aontiwwv~ly kNp on tM buildinps eaw a hKe~hK ~iwat~ on saW Iwd snd on all puipn~nl ~nd Pwso~~lb own~~d b1? tN~ n+o?b'
~p~. wilh ~11 prmiwnt tlwnon paid ie fu16 tih iniw~na in tM wwl s~udard policy 4orm„ M a swn approwd by tM 1NORiGAGEE. and wird~torn~
knw~na in tM wu+) uandard policy krrn, tn a wm ~pp.oved by tM MORTGI?GEE. In wd~ com{?+ny or oompania a th~ MOR?GAGEE in+y
dirM/ and all fln ~nd wkKhwnn imww~a polkNS on ~nY of uid buildinp~„ any IntK~st thereie a put tF+K~oi, in t!~ pprp+~~ wm alorNaid ar
le ~xow tlwrwf. ~MII con~~In tM uwal uanda?d morroapN cl~ w wd~ aMr dws~ a tM Ma~pagN maY aV~?in. m+kM+p tFr Iws wrdN s+id po1L
cia~. Neh ~nd wKy. WYabM b s~ld MORTGAGEE a in int~rest en~y app~s?, ind Nth and ~very wth Pofiey ~hall b~ p~anptly a~s:pMd and d~liwnd 10
any M1d by aid MORIGAGEE ~s fvnh~r ~cwih ro wid mony~ d~W: and not 1~ tlwn bn (101 dars ln ~dvanc~ of the ~xptration of ~+d~ P~~1?. fo d~
(iw~ ro wid 1YWRTGAGEE a nn~wal Mawf, topsth« with • rec~ipt fa tM pranivm oi wch rtnewalt and ~Mn th~ll b~ no fin a winditam"Guw~na
pl.ud on ~ny of a1d buildinpt, ~ny G?tKat tMr~in a put tlw~wf. vnl~ss ie tM fwm uid with ~M bss p+Yabb a~for~idt +~+d M+ tM ~wnt ~ny wm
of moe~y b~epn~s p~yabl~ ur~l,ir wch policy w polici~s s~id MORTGAGEE shall h~w th~ option to ~eesiw and apply th~ s+m~ a? ~coo~?nt of Nw Ind~bted
neu s~cw~d ha~by w b pKmi~ wid MORTt3AGORS 1e ~ediw ~nd us~ N w~ey pat tl+creof fa o~her qxposea, wi~houf thxeb~ waivin~ a imp~k-
inq ~ny puitr, li~n or ripht w~d~r a by virtw of this mortyay~s +nd i~ tM ~vent said AAORTGAGORS sh~ll Ew ~ny reason f~il to kMp tM said pt~ses w
~niund, or fdl b ddiwr pro~nptty ~ny of s+id policies of imw~nce to s~id MORTGAGEE, a fail promptN a WY fi+~N +~Y P«mium ther~fw a in ~ny
re~p~ct fail b pKforn~, dischup~, u~ecut~, ~ff~ct, compl~t~, comply with w~d abid~ by M~is oov~+t, or ~ny put l+trwf. aid MORTGAGEE m+y pl~u ~nd
full ~no~nt ~ aid ~y~nKatwi`tha~b~ +~«t~l
~~~~a W~ and shil~~be nt
est fran thi ~NvtMrwffun~tihl p+~id
a~ ~ to
nin~ pK potwn p~r annum and top~thtr wiih wth intarat ~MII be s~cvttd by tM litn of t!w mortpap~.
4. To p~rmlt, oommit or wffa no wa~te. in+psirment a deterawtan of said propKty a any pin tha~of.
S. to p~r all and sinpular th~ coa~s, chu9a +^d exP~?ty,. includinp a rwonabh ~ttwn~y's fe~ and coan of abs~.cu of ritl.. kKwr~d w p+id ~ ~
.ny ~ink by uW MORTGAGfE, b~eaus. a In ~he ~wm of ~Iw failur• on ~Fw pan of d+. said MORTGAGOR a duly. promptly and (vlly pKforen, discMr~ 1
~xecvn. ~fhd. oomPk~. ~Ph~ wi~h and ~bid~ by ~ad+ ~nd ~wry tM stip„latio~a„ ayreemenn. cond~~io~y, and aov.n~nn of ad promisw.y not. u~d ~hi. i
mw?p+W w~? w~idwr. ~nd ~aid coib. dwrpa aod ~xpanses, e~ch ~nd ~vary. sMll b~ immediately due and p~yaW~t wMtMr a not ther~ be not7os dr j
ms~d. ~tt~mpt to ao1Md or wit ~~d'ag~ ~nd th~ full ~rnowd of esch ~nd evary wch paymtn~ shatl bea~ i~te~t fran th~ daN tlweof unHl p~id a~ the
r~fe of nirM pK cenwm ps~ anwmt and ~II said ooits, chu9es and ~xpM~es inaxred or paid, fopNMr with wd~ Inta~at. shdl b~ s~wnd bp tM li~n of thi~
monp+p~,
b. Th~t' W in tFw ~wM of any brsach of this Mortyps or defwlt on th~ put of th~ MORTGAGOR. w(b) i~ tM ~wm any of ~atd wea of mon~y
henln nf~n~d 1o b~ not promptly u~d fvlly paid within thirty (3E1) day~ next sfter tlw sam~ ~everally b~com~ dut u~d payaWe. withovt dsm~nd or notio~.
or In th~ ~vent ~ach ~nd ewry tM stipuktio~a„ ayree~ts, conditions and coven+nn of s~~d pran'~uory not~ a~d th~s matyap~ any a~ithK ~n oof
ivly, pranptly u~d fulh pNform~d, d'achu~d. exea,ted, ~ffected. canpl~ted, eanp~~ed with ~nd abided by, tMn in ~itMr a~+y wch wrnt tM said +p~
yr~gat~ wm m~ntiw»d in qid promisso~ry note then rem~i~it~p unpaid. with interesl attrued, and all moneys s~cwed. Mt~by. shall b~ooreK dw and p~Y
sbl~ forthwitl~, a tMnsft~r, at th~ option of said MORTGAGEE, ss fully snd completely u if all of the said sums of moety wer~ orpin~ll~ tlipulated
ro b~ paid on wch day. anythiep in said p~«ri~ssory noro a in this Mortys~e to tha oonerary notwi~Mt~nd'ug: u~d tMrwpon a thereshN at tl~ optan of
said MOR?GAGEE, wirlaut eario~ a d~mand, wit ~t law or tn puity, therefon or thars~fia bepun, nWy b~ prwecut~d a if dl momy~ s~wnd Mnby
n.d mnw~d p.io. ro~a tnstitvran.
7. Th~t in th~ wu+t th~t N tM b~inniny of a ~t any f'~me p~ndinp any wit upon tl~p Matyaye, or ~o iondos~ k. or to nfwm It, or to eniwa
payment of uiy d~ina Mrew+der, wid AIIORTGAGEE sh+ll ~ppy to tM Couh having iurisd~ction thereof fw tM ~ppo~nt~wnt of ~ Recaiver, such Cowt shall
fathwNh ~ppoint s reothnt of ss mortps~ed popKty all and sing~lu, indud~n~ all snd singulu ths incan~. profits, iasw~ and nw~ws fran what~vK
wurc~ d~riwd. wth and ~wry o~wFi~cl+, it beirg exp~easly ~nderstood. is hereby matgaged a if specifically set forth ar~d de~aibed in thi yrsntiry and
hebendwn dauks her~of, ~nd wch Rec~ivK shall have dl the broad and effective funct~oru and powen in ~nyvrise entrwt~d by ~ Court tq ~ Reuiva, and
such ~ppolntment shall b~ m+de by such Cowl ~s an sdmitted eqvity and ~ m+tter of absolvte riQht fo said MORTGAGEE, and without nferenq a tFr
•d~qv~cy or in~d~qwcy of the wlw of th~ properry mwtgsged w to the wlvency w inwlvency of s~id MORTGAGOR w the def~ndantt, ~nd thsl wd~
rena, profits, incom~, iuu~s ~nd nv~nues ~hsll b~ applied by sucli Raceive~ +aadinp to rM lien or p~iry of uid N10RTGAGEE and tM practio~ of such
Coun.
8. To dvly, prampHy s~+d fvlly p~rfam, discharp~, execute, eNect, compleb, oanply witt~ and sbid~ bp ~ch ~nd ~very tlw sti~latwns, pre~erNnta,
condi~iom and oovaann in wid promhsory note and this mortyape set forth. •
9. That h t!~ ~wnt Me oMn»nhip of the mort9sped Premises. w uiy p~n N~ereof. becornes wst~d ln a pKwn wl~ th~n tlw MORTGAGOR. th~
MORTGAGEE, lts wa~swrs and ~ssipro, may, witlauf notice to the MORTGAOR, deal with s~ch suusasoi a ~ucces~or in interest with refer~nce 1o this
mortysp~ ~nd ths debt her~by secvr~ in tl~s ss~ns msnner as with Mwt9~yw without in any way viti~Yug or d~scMr9irg the Mwtysport' li~bility hen- '
under or upon tM debt Mreby ~aswed. No sale of the premtses hercby morfp~yed uxl no forbear~nu~n tM p~rt of tM MORTGAGEE w iq wcceaon ~
or eitigrq ~nd no ~xteruion of the time fw ths p~yment of the debt hsreby secwed ~iv~n by the MORTGAGEE w ita sucasion or auiyr~, aMll opuat~ i
to relea~, disd~ar~, modify ch~ng~ a affect the wiginal liabiliry of the MORTGAGOR he?~in, either in wfal~ o? in put. ~
10. It b specifkaliy aprsed that time b of the essence of this contwct and tMt no walwr of uryr oblipstion Mrwnder w of the oblipation w-
cursd h~nby shall at u?y tim~ theneahK be held to be a waiver of ths terms hereof or of the instrwnam aecur~d herby. ~
i
11. In additior? to the forago:ng monthly psyments of prirK pal snd interest rcquired by tl+e prom~ssory nore secwed hereby, mwtQsgor cowna~?ts ~
and a9rNS to pay to mortyapee with each monthty payment an addi~anal swn atimared by mortyapee to b~ eqwl to 1/12 of the amusl cost of the fdlow- ~
ing: `
A-All ~td propery taxes kvied w assessed agaimt the above desaibed real estate. i
B-Premwrra on fire snd windstorm irour~~oe as herd~ requ~red to be urried on the Improvements inwro on the ~bove described prembes. ~
C-Premiurm on wch mortyage gwranty insurance as mortgagce shall from time to time deem fit to urry on fM loan iecured hereby.
' Mortyapee ahaU from time to time ratify mwtgagor in writing of the smount due snd psy~ble herevnder and such wm shall thereupon be dw ~nd ~
~ payable on ths dw date of th~ next monthly p~yment and exh successive month thereafter ur1i1 mwtpsgee shsll notify mortgagw of a chanp~ in such ~
~ amovnt. S~cl+ wms sh~ll b~ • ied mort ee tov.ard the ment of re~l taxes, insurance em:ums, and uaran insurance {
~ PP~ bY ~+9 P+Y P~~Y P~ ~ h i
premiums.
WITNESS WHEREOF, tht said MORTGAGOR has hereunto set his hsnd and seal the day and y~u fin afaeaaid.
Ss~ d~l in tht presena of:
n
« o ~i. . ~n
' n--n
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STATE OF FIORIDA ~
cou~m of St. Lucie
b~fon rrK p~rwn+lty appe,.ed F.rjmnnA M~ RAAke .,,d ~
__~Q2+~s M_ RB~A - his wife, to mt well known ~nd known to me to b~ '
tha individwb d~scr~d in and who ~xecuted the fo~eyoinp instrwMnt, and adu~owledyad bsfore m~ that they executed the sams for ths purpo~es
therein .xprhs.d. Ard ~M .•td Anri s M~ Re r~ke ~
a•ife of Hw said F.r~m»nr~ M~ RAAke - . upon a sep~rats and privst~ ~
axemin~tion by rrk taka~ sepsrste and ap~n from her ssid Iwsbsnd, adcnowledped.~ ~nd b~fwt me tMt shs exetuted s~id lnttrurnent heely and volun-
rer~ly and without ~~y compul~ion, oor~traint, apprelwraion, _9t feu of a from Iwr said husband.
WITNESS my h~nd and official ss~l thj~,~~yT~ . d+Y.pf~r A. D. 19~
~
~ ~ Naary Publk and for tM Stat~ of Fbrid~ tl Larp~ -
a MY Cw~° ~ ~xpires° -
R~tum Ta. ~ ' ~
Finf r•.a...i s.~. a~, w.,«~~~«, F~LEp ANO RECOR~ED Notary_Publtc. ~ or ~or~ae at ta~. ;
of F«t P~uce• CQUN?Y F~•p?• My Commisuon Exp;res Aua. 6, 3067 i
ST. LUC~E VERIFI~O BO"d~ surety Co. otrl• Y. '
°~4~l,:~~°;;'~, RECOR~ _ i
n- 1~
•
~ ~Y L~?U~f'~ ~'5y¦1~y{ ~ ~
~ ~ : .~4~' 'r"? • ~ ~ ~ •
- ~ d~' ~o-~a = '61 JAN 16 •
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a: • ~ = y~~J /°~~,~,l~ _
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:x~• AL ,_;_.,G FpGER ~~7RA uR,~
8. L' ~ Cl_ERK CIRCUIT CO
:
~~'~..vs'''! ~
F_,,...r ~
600K 164 PACE ~~5
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