HomeMy WebLinkAbout1186 . . ~ •~j -y ~ L
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To pl+a and aonHnuowM Iu~P on tlw buitdings ~w~w w AKtaf~a ~ituat~ o~ ~aW land ~nd on all ~quipnwM and p~nona~h? oownd bY thb na~t~
aq~, with ~ praniwn~ thK~on paid in iv16 Rn irawanc~ in•tF» uswl sandard Poliqr form. in • swn +PP?owd bfr tM MORiGAGEE. ard winchlorn?
knw~na h tM uswl uandKd policy fa~n. in a swn ~pprw~d bY tht MORTGAGEE. M wd~ uon+P+ey o~ con~P+~ia a t!» AAORTCsAGEE ~n+y
ditKlJ ~nd ~il fk~ and wind~w.n~ imwana polki~s on ~+y of sa~d bv~1e~„ My int~na thuNn w pan tMnof. in tM pp~~p+~ wm ~faaaid or
in ~xaM NNnof. sh+ll oontain tM wwl st~ndard ma~p+p~ cla~ or wch otlw~ dava as N» MapapM ~y nq~?~n. nwkinp tlr loss w~ said po1F
da, wcA and ~wry. Wy~bl~ to wW MORTGAGEE ~t i~ int~est nwy ~{~p~ar. M+d eatA and war t~rch policY ihall b~ p?anpty asqnd ~nd ddlwnd to
.ny h.ld by wk MORtGAGEE a twrh.. ~r ro s.W nwny+y. d.bt .nd. na I.a N+.n r.n (10) d.ys tn .dv.~x. of th~ ixptrar~a+ of .ad+ po1kY. to d~
liv~r b wW MORTW1CsEE ~ nmwal tMrrof, topNhu with •?~a~W fa tM praniw~+ of wch r~ewalj and tMn sMll M ro fin a wi~dstorm tnswana
pl~ad on ~n~r of said buildi~qa, anY intaaf ti~u~in w put thNwf. unbss to tM fom~ and with th~ loat p+Yabl~ ss afwts~Ws a+d in th~ ~wnt aay wm
~u
of nwmy b~oo~n~ p~yaW~ wd~ wd~ policy a polida said MORTGAGEE shall Mw th~ option a naiw u~ ~pphr th~ sarn~ on aaouM of th~ ind~bted~
r»u Mcw~d iw~r ot b p~it uW MORtGAGORS a nuiw and ua M ar amr pa~t tMreof fw other pur~wsa, wi?hout the.eb~ waiviny a i~+psh- ~
bq +T+r ~quib. N~n a ripfit ~ a b~? vir~w of tFSs mortp+Y~t and in tM ~wet wid MnRTGAGORS slwll fw any n+an fail W ks~p tM s~id p~nises w
kawad~, w f~tl b deUvw P~~P~h~ +~Y of said policia of irowana to s+id MORIGAGEE. o. t~i aw~?vth wr ~~N +~Y P?aniwn tMnfar or in aMr
nsp~ct fail b pafonn. disclwq~. uacvt~. ~ff~ct. aomplN~. aomPN wirh and ~bid~ by M~it aov~n~nt, or ~ny pirt her«tf. ~aW MORTGAGEE m+y plaa and
P+Y fa wd~ bwwanc~ or any part tMr~of withovt w~ivinp a~fhctinp +nY aMion. IMn, puitY. o? ripM un~ a by virtw of thts Matq+p~. ~+d the
full ~nowq of wch and ~wry wch p~yr?wm ~h+li b~ immdi~t~ly dw snd p~ysbl~ ~nd sMll b~a~ irthrat han th~ d~t~ tMnof until paid at th~ wb ol
niM PM ONN1N11 ~t MfIW11 YIfI W~liFNt WItII WtI1 If1tHMt ifM~~ ~ NNfld ~ f~N (~fl Of 1~{ IIWf1~~• ~
1. To p~rn~i~ aanott ot suffw ra w+st~ M~Wirm~^t w d~tsrioration of said prop~rty or any put tF~trwf. ~
S. To pay all ~nd s4+p~rlr th~ aoats. dwrW+ and expNa~„ includirg • reaso~+abb ~ttorn.y's ha srd ooas of ~bsn~cn of ~itM. incvrr~d o~ paM at
~ny tlen~ by Nid MORTGAGEE. b~tavs~ a~ ln th~ mvtnt ot tFa failun on fiw put oi /M taid MORTGAGOR b du1y. PromPNN ~^d fuiFy pKforn4 dael?a~R
•x~cvt~, ~ffM, oompM~, oomplY with ~nd ~bide bY each and ~wry th~ stipulationt~, +preem~nn„ tw~tlition~. and cow+?anb of said ptomissory noM and thb
+~+a~O~W ~1l a~itM?. u~d wd casta, cbup~s and expensts, eacl? and ~wry, slw11 bs ir..rMd~a~ely dw snd p~y~Wer wMtha a na fM.~ b~ r.wia d~
m+nd. ~ttNnpt b ootkd a wN p~ndinyt and tM fvll amow~t of ~ad+ and ~very wch payment ~11 bea. int~nst fran ~M d~t~ thereof vnB1 p~id ~t tht
~et~ of nlrw pK u++tum par +mwm: and ~II wid aoits. cha~a and expenses Mcwr~d or p~id. top~~her with axh tnta~st. shall b~ atvnd by ths liwn of thi~
morbpw
6. ihat W in d~ ~v~?t of any bnach of thb Mortpape or default on th~ put of the 11?ORTGI?GOR, a(b) in tM weM amr of w~d wms of ma+ey
MrNn nfM~d ro b~ na promptly and fuly paid wi~hin thuty Cd0) d~ys next aher ~he same severally becan~ due ~nd p+yabb. without d«eNnd or notioe.
or (c~ M tM ~wnt each and wKy th~ atipulaYiorw s~~~emsn?s. conditiau and cown~nn of s+id promiswry oote ~nd this matp~y~ +nY a ~itMr u~ nol
ivly, promptly ~nd fully ps~form~d, d'acMr~ed, axecut~d, ~ffect~d, compkt~d, complied with and abided by. tMn in eitMr a ~nr tuch ~wr?t th~ s~id
prpab wm rt~tioned in said promissory note tha+ rem+inirg unprid. with interoiS sar~ed, and ~tl moneys setw~d. har~bY. shall betoen~ du~ and paY
•bl~ iwthwitlb or thKNha. at tM option of said MORTOAGEE, as f~lly snd oompkt~ly a~ if ~II of tha said swns of money wer~ orpinally stipe~lated
ro b~ paid on wd~ daY, anytl+inp in said promiuay note or in this Mort~sy~ to tke contrsry notwithst~ndinp: ~nd tFwreupon or tF~ereah~ st tM option of ~
taid MORTGAGEE, without ~wtio~ o~ dem+nd, wit at law « in puity, theraforo a tlNr~sfiK bpun, may b~ p~oncut~d a if all maNys ~acvnd I+K~by
had ~MTUr~! pr'Wt f0 i1s irotifirfion.
7. iIW In tM ~wnt tMt ~t d+~ bepa~ainp of or ~t aey tim~ psnd'irg any wit upon this Mo~fgap~ a to foncbs~ h. or to nform N, a to ~nfua
paymNM of amr d~4ns Iwrew~der, s~W MORTGAGEE shall ~pply to tM Cou~t haviep jurisdiction tfier~of for th~ appointmeM of ~ Reuiver. wch Co~rt sh+tl
forthwNh ~ppoint : reoeiv~r of s~ moN~p~d poperty dl ~nd sirgvl~?. inclvdm~ aN ud sin~rla tM inoome. ptolits. Issues +nd rewnues from what~w?
wura d~riwd, exA and w~ry ~whicA, it belnp expreuly ~erkr:rood. is hereby rcartyaged ~s if spacifiuly set fortl~ and d~scrib~d M ihi p~antinp aod
habN+dum dawes h~reof. ~nd such Raeiwr sh~ll Mw ~II the broad and effective funct~aa and pow~n in aeywise entrust~d b~? ~ Court p a Reaciwr. ~nd
such ~ppointerNnt slwll b~ m+d~ by wd+ Cowt a an ~dmitted equity and a m+tta of ~bsolut~ ripht to said MORTGAGEE, ~nd without nferenc~ to tM
~dp~?acy a in~d~qwq of tM valw d th~ propa~ry mortyaq~d or to the sotve~cy or insolv~ncy of said MORTGAGOR or the defendsnts, a~d that ivch
renn, profib, incon», bsws aod nv~nues shs1l be ppli~d by such R~oeiver accwdirp w tM Ikn or puiry of said MORTGAGEE and tl+e practia of such
Covrt.
8. To dvly, pwnptly and fvlly perfwn~, dnd~up~. execute. effecl, oomplets, oomply with and abid~ by aach ~nd wKy tM stipulaYioia„ apraema~u,
~tions ~nd oovaw~+n in s~id promh~ory not~ and thi~ mort~ af forth. '
9. That in tM ewnt the ownatship of the mortp+p~d premises, or aeiy put tF~eof, b~comes wttd in a pKan otMr th+n th~ MORTG~?GOR. th~
MORT(;/?GEE, Ns woces~ors snd auiy% m+y, witho~t eotice to t!r 1NORTGAOR, d~sl with svch sucassor a woc~ssw in 1nt~rQSt with nf~r~ to this
mortpap~ and tM deb~ hereby sacvr~d in tM sam~ m~rr~er as with Mwrgapor without in My w~y vitiatirg a d'acharyinp th~ Morey+pors' li+biliry hert
vnd~ a upon tM deb~ hereby sacwed. No sale of the premises F?ercby mortpayed +nd no forb~aw~+u on the part of tM JNORTGAGEE w in successors
or aai~a and no extauion of the time for H+s payment of the debt hereby aecured g~wn by the MORTGAGEE a in svccssson or assiy~, ah+ll operat~
ro nMase, dadyrye, mo~fy clrnp~ or affed ths original liabiliry of the MORTGAGOR her~in, ~ither in whols a In put.
10. h b specitiully apreed that tireN it of th~ essence of this contr~ct ~~d that no wslver of any obl'gatan htrwnder or of th~ oblipation s~-
arnd Mr~bp thall at any tLrN thereaher b~ heW to be ~ waire? of th~ tKma hereof w of th~ instrvment wc~r~d herby.
11. In add~tion to the forego:ng mor+thly payments of princ:pal and interest required by tha promissory ~ote ~ecured hereby, mortgsgor cownanri
and pnes ro pay to morty+gee with e~ch monthlY payment ~n sddi~anal swn estims~ed by mortg+gee to b~ equsl a 1/12 of ths annual cost of the fotbw•
ing: ,
A-All fNI pfOpOrty t~XM bvied a assessed agairot the ebove described real est~te. i
b-Premiums on fin and windstorm imur~nu ss herein requ:red to be urried on the improvements titwte on tl+s sbove dexribed premises.
i C-Prcmiwns on wch mort9age 9wnnty insurance as mwtgsgee shsll from time to time deem fit to urry on the loan secured hereby.
{ Mortpspee shall from time ro time notify mortgagor in writing of tF~e amount due and psy~bk hernrnder and such wm shsll thereupon b~ due ~nd
payabls on the dve dsts of the nexf monthly payment and each succeuive month thereafter urtil mortg~gee shall notify mortgagor of a chsrge in such
amouM. Such sums sh~ll be ~ by mw?yapee toward the p+yment of real property taxes, iruurance prem:wns, and mortyspe 9uaranty inwranu
prem'n~m.
IN W said MORTGAGOR has hereunto set his hand and ieal the d+y and ytar fint ~foresaid.
S~ ed tM presenu of:
4
4
rs..q ~
STATE OF fLORIDA ~
St. Lucie ~
courm oF
~,M ~w„a~~y, Nelson P. Peyne, Jr.
oan P a yne 1us wife, w me well known a~d known to nr w!»
the ind'nidwb deioibd i~ and who e~ceauted the fw~poirq instnxnem, and aduawledyed befon rew that tl~ey executed the sams fw the p~rposes
n„a ,i,. .,;a Joan Payne
w;r, of tM ud Nelson P Pay~i Jr. - .„po„,,ep.,,t. a,d P,t~nr.
exsrrixwtan bp me taken seprrate ~nd ~part hom her aid husra , acfcrwvvledped w snd befon m~ thn ths executed ~id instrvmMt fredy and volwr
rarily ~nd withovt w+y aompubion, oonsbaiM, ~pprelisraion. ~ of or from iw aaid M?~bar?d. "
WITNESS my Iwnd snd offkial aeal thk day Janua r A. D. 19 67
C.~~t/ O~. /l~C"~/ _
- ~ i.1~0 ANO RE~ i r~~ ~,~k a? «,a fa +i+. s?~~ ~~.ia. n~.
Retvrn Ta CIE~ COU ~ My corr~wsion s~r~~ Public. State oi florid~ at larqa
F.a.~.i s.~?i.p. a~~r~o~+ ~p~CORO VERiFtE . f~t~ Coa„n~ss~on E~No.- 3. 1969
~ of Fo.r vK.ce. Q E~e.e ~fr e...r+!~;ltt~~'rj,c°,.'
fort Piera, fbrida l) ,i•' ~(~~~~~j
152;29 tiy.,,.......,, y~~~:
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'6T JAN 30 IIM I I : 0 ~ ~ - - - . -
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ROGER ~OITAAS ~ = zd ' ~ ~ _
CLERK CIRCUIT ~OUiCT • ~ ' ~ ~ : ~
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