HomeMy WebLinkAbout1446 To plac~ ~nd continvously kep on tM build;r?ps now w hKeafrK utuat~ on i~id I~nd snd on ~II pu~pn?aw ud paaon+lly covN~d by this n+ore~ ;
•g~, with ~II pr~mivms tMreon p+id G? fu14 fin insuranc~ in ~M uswl st~ndard policy form, in a sum ~pprowd by tM MORTGAGEE. and ww+d~torm ~
insur~np M the viwl st~ndard policy fam, in • wm ~pprov~d by fh~ MORTGAGEE, in such compiny w comp+~iea ss tM MORTCsAGfE may
di~~ctp u?d dl fir~ uw! windttorn+ inw~aKS policies on any ot :aid buildinp~, u~y teM~~at tMrein or put thwwf, in th~ +p~~ep+t~ awn a(ats+id a ;
In ~xaa tMrwf. ~MII contain tl» uswl standard mortyag~a claus~ or such aher clav~ u tM i~latys~e~ may rpu"a~. m~kin~ tM bas w+dK uid po~F
cies, e~ch and ~wry. paYabl~ b~aid MORTGAGEE +s ib interest m~y appes~. and each and ~very such policy ~MII b~ prompNy ass:9ned u+d d~livered to +
~ny Mld by s+id MORTGAGEE ~s iw~F?K ~ecwity ~o s~id mor~y+y~ debt, u+d. not Isa thin ten (10) daYS in +dvana oi tM expiraYron of each policy. to dr ;
livr ro ~aid MORTG/1GEE • ~Naw~l tMrwf, topetM? with • rece~pt for the pnmium of such rN?ewal; ~nd thsn shsll b~ no fin w windstam kawanc~ f
pleced on ~ny of s~id bvildirga, afly IfNHq1 ~FNf~ie or put th~~eof, unleu in ~i+~ fo~m ~od with tM tou p+yabl~ as aiw~s~idj ~+d in tM ewnt aoy wm ~
of ma~ty becon~t payabb ur~d~? such polity or politiet s+fd /MORTGAGEE sMll Mw 1he optan to reteive and ~pply the suM on account of tM Y+debted~ '
neu waa~d Mreby o~ b pKmit s~W MORTGAGORS ro ~eseiw snd us~ N w ~ny part thereof fw other pwposes, wi~hout the.eb~ waivi~g or ~mp+K- ;
iny any pvity, lia+ or ri9ht wKk~ w by vi?tw of this mort9+qer and in tM ~vee~t ~a~d 1MORTGAGORS sMU fa any ?e~son fail w keep tM s+id p«mise~ io
insurad, a fal) b dtliver promptly aoy of said policies of ins~~ux~ to said MORTGAGEE, a iail promptly to pay ivlly any pr~mium therefor or ln ~ny
re~pect f~il b pwforrA, dixl+arp~, tx~cut~ ~ff~tt, tompleN, tomply wi~h W+d ~bid~ by this oovenanl, o~ a~y put hasof, uid MORTGAGEE may p~ace and
P+r fw wd~ hawanos o~ any p~t tlwwf withoW w~ivinp or ~ff~aGg ~ny opNon. ~i~n. Wu7rY. a ripht ~oder a by virtw of this Mat~ap~. ~nd the
fvll ~mount of t~ch and ~w+y wc~ p~ym~nt sMll b~ immediately du~ s~d payabl~ ~nd tMll beu interest irom tM dat~ theraof w?til paid at tFw raM o1 ~
nine pK pntwn per snnum and topether with wch interest thaU be secvred by th~ lien of this morty+ye. '
4. To pKmit, aonxnit o? wHa no wut~, imp~ument w deter'wratan of said property or any put thereof. ~
5. To p+y ~II ~+d sinp~tar th~ cos», chary~s u~d expe~sea, irxludinp a~e+sonsbte at~w~xy'~ fe~ and costs of ~t»tr~cts of titt~. incurred w paid at
any tirr~ by s~id MORTGAGEE, l~cavse ot in th~ ~vent of the failure on tM part of tM ssid MORTGAGOR to duly, promptly snd fully psrfwm, d~schupR
•xecut~. ~ffsc~. oompl~t~, oomply with snd ab~de by esch and every tl+e itipulat~o~s, syreements. conditio~s, and cownantt of said p~omiuory note and thN
mortpp~ u?y or ~ither. ~nd aid coats, d~u~es ~nd ezpenses. csch and wery, sMll b~ ievnedia~~ly dve uid payabks whether ot not there be ratiu dr
msnd, ~»~mpt ro aolkct w wlt pendirgt +ed the fvll amount of eacl+ and svery such p~ymeot shall bear interes~ from ~he daM thereof until paid d tM
rare of nln~ p~r centum per ~nnum; uid aIl said co~ts, charges ~nd expenses inarred w paid, together with s~ch intHett. shall b~ stauad by tM lien of tha
rr~orfy+p~.
6. 71?~f (a) in tM ~vent of u~y breach of t!w Mwtgaye o? default on ths part of ths MORTGAGOR, a(b) in the ~vent ~ny of aa~d svms of ma+ey
hersln refN~~d ro M nof promplly ~nd ivlly p~id within thirty (30) days next after the same uve?ally become dw ~nd pay~bte, without d~mand o~ eotict.
or (c) In tM ~veM eacfi and ~very the stip~rlations, agreemenn, conditions end covensnq of sa~d promiuory note and this mwtpap~ any w ~ithar ar~ nol
iuly, prompNy ~nd fully pKformed. discMrged, ezecuted. sifected, completed. complied with ~nd abided by. then in ~~tha w a~y such ~wM IM s+id ao-
yrepat~ wm mN+taned in ssid promiuay oote then remsining unpaid, wi~h in~e.~s~ acuued. and atl moneys secured. hereby. ~MII beoom~ dw and p+y~
ebl• forthwith, q tI1KNSfN. at tM option of sa~d MORTGAGEE, u f~lly ~nd conpletely as if all of the wid wnr of money were orginally itipulatsd
ro be paid on such day. anythinp in said promissory noro or in this Mortgsge to the contrary notwithstandiny: ifld fI1QflYPOf1 Of 1IINHffM al tA! OPYWf1 Of
s~id MORTGACsEE, without not~te a demand, wit at law or in equity~ tI1l~lFOfQ Of tI1lfNffH begun, m+y b~ prwecut~d as if all nwn~ys s~wr~d hersby
had matund prior fo iri imtitution.
That in the event tMt ~t t!w beginnirg of or ~t ~ny tims pendirg se~y wit upon th' Mortyspe, w to forsclw~ h, or to reform It, or to en/wp
paymtnt of ~ny d~ims I+aevnder, said MORTGAGEE shstl spply to the Court hsving jun ~ttwn thereof for the ~ppointment of • Reteivet, such Courf sMll
Forthwith appoint a r~teivtr of s~~ mortpsyed propertY all and singula~, includ~ng-all an~i
r`~+qul~r ~he incorrN, profits, iuues and revenues iron whatewr
wurc~ d~riwd, tath ~nd ~wry o whith, it, beinp expressly understood, is hereby mwrgaged as if spetificalty ~et fath and dasuibed in the y~Mtirg and
habandwn clauHS hereof, and such Receiver thall have all the broad snd effective fvnc~wns and powen in anywise entrwted by ~ Coun tq a Rauiver. and
wch sppolntment sMll b~ mu~ by svch Cowt as an admitted equity and a m~ne~ of absolute right to s+id MORTGAGEE, ~nd without r~ferenc~ ro th~
adequscy a Inad~quacy of the wlw of the p?operty mortgsged w to the sotverxy a insolvcncy of s+id MORTGAGOR or the defendants, and that avch
renri, profits, incoms, issws and rwenues shall be appiied by such Reteive+ sccording to the lien or equity of ~id MORTGAGEE M+d the practic~ of wch
Coun. ~
8. To duty. promptly ~nd fvlly perform, d'~schar~, execute, efieq, complete, comply with ~nd sbide by sadi and ~very t!r stipulatioes, aprs~+nen», ~
conditiora ~nd taven~~» in aaid proenlasory note and this mortgage set forth. ~
9. ihat tn tl» eveM the ownerahip of the matg+ped premises, w ~ny psA tF+ereof, becomes wst~d in a psr~on other tl~an ths MORTGAGOR, tl»
MORTGAGEE, it~ succ~uws ~nd assqns, m+y, wirhout notice to the MORTGAOR, deal with such succassor a~ucauw in inrerest with r~fertnte to fhis
mortg~e and ths debt hereby secured in tM same manner as with Mortgago~ without in any war vitiaYug w d~scMrpu+p the Mort~a~as' li~bility herr ~
under w upon tM debt hereby secvred. No s~le of the premises hereby mortgsged and no fwbesrsnos on th~ pin of tM MORTGAGEE or i» svwsson
or aasigiy ard no extension of the time for the paymem of the debt hereby secured given by the MORTGAGEE or its succssiors or ~ssigns, fFull op~ral~
ro release, dittFurpe, modify cMng~ a affect the orig~nal liability of the MORTGAGOR herein, either in whole w in put. (
10. It ts specifiully apreed that Y~me is of the esunce of tha contr~a and that no waiver of any obl'gatan hereunde+ or of th~ oblip~tan sr j
cured her~by ih+ll ~t ~ny time tlxrcafier be held to be a waiver of the terms hereof or of the instrvment secured herby. i
11. In sddition to the forego:ng monthly payments of princ'pal and interst required by the promissory nore secured hereby, mortysgor covenany ~
and agrets to pay to mwtgagee with exh monthly psyment an sddirionsl sum estimated by mortgagee fo be equal b 1/12 of the annusl cost of tF~e fdlow-
in~: ~
A-All resl property qxes levied or sssessed agai~st the above deuribed real estate.
B-Prsmiums on fin and windstam insurance as hcrein requ:red ro be csrried on the improvementt situate on the above desvibed premists. ~
C-Premiums on suth mortgag~ yuannty inswsnce as mortgagee shafl irom time to time deem fit to carry on the loan secured hereby. !
! Mortyspee shall from time fo time notify mortgagor in writing of 1Me amount due and psyable hereunde~ a~d such sum shall thereupon be due snd
payable on the due date of the next monthly paymbnt and each successive momh thereafter urtil mortysgee shall ratify mortgsgor of • chsng~ in svch ;
~ amount. Suth wrru shall be applied by mortgagee toward the payment of resl property taxes, insurance prcm:wns, and mortgape ywranfy inwtsnce '
~ premiums.
; IN WITNESS WHEREOF, the said MORTGAGOR hss hereunto xt his hand and seal the day and yesr fin faesaid. ~ ~
` Sipn~ Se led ~nd ive?e i tM presenu of: ~
~ '
~n ;
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, :
TATE OF FLORIDA 1
courm oF St. Lucie
eefor~ me perswnlly appearod The lma L. Diaon, a a ingle adult =a~ ;
_ ;
-->C~Cto me well known and known to me M b~ ~
rhe individw~ described in and who executed the foreyoing instrument, and acknawkdged befwe me th~t ~enecuted the sam~ fo~ the purpwes ~
therein ~xpnssed.7CroU~Y~~ - - ~
~t~~ 7N~ Z.tD~. ~ ~f.14DE9[J[ 7C '
7Qg~ .~ifeD~i~idC~7uTii6]G~t1Cfl6~~1CInaZd~i~-X
a4Di1 !
WITNESS my hand ~nd official ual this da of F 8 Y' A. D. 19~ ?
p~. Y
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~ Notary Public in ud for the State of florida ~t luys '
,~~••.e~eir~.. My Commiuion ~npKes: ~
~ Retum Ta. :,','i,, Ni1~fr ~Y~It. SUte O~ F~Ori~ at ~itqe f
~ Finr F.d..d s.~irg. a loan n.,od.ra~ ;~..i;'i~. M1? C~~issio~ Expira Sept. 23. 196. ~
Of Folf Pitrce. ~ ~ v~•..v` ~wMd ~s Aa«iw Fin a CaswMr G- i
ov~, , ~ ~ ~ _
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AN~~~coY°F~, ; : ` , ~ = I
gT, LUC~E ~VERIFIEO ' = t ' ~ ' ~
. REC~R~ - ° ~ ~ ~4';'~ ~
15245~ ~ ~ :
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3 • 19
M ' ''i~ `
+ ~ ~:f
_ 61 FEB 2 p ~
~0 ~Ep ;•OITRaS
~LEitK CIRCUIT COURT gpOK1V4
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