HomeMy WebLinkAbout1586 i
To ptaa uwl oo~tYwiowly kNp on ~M bvildinps now or I+ae~ft~r utu~t~ on s~id luid snd an alt pui{r+n~M ~e~d pKan+lly covK~d b11 ~^~q'
p~, with aN p~miwM fM~~on p~id in fvtl, fin inwra~c~ h ~M uswl uandud policy iwm. in • tuen approwd b1? tM MORTGIIGEE. u~d wind~tam
insur+no~ in tIN uswl pand~rd policl? fan?. in • swn ~pprovtd b1? tM MORTGAGEE. In wth comP+^Y a~W~iN a the 1NORTGAGEE n++y
d~r.nt w~d all fln u+d wincawrm inwr~+a Policies on any of saW bu~k4np~, ~ny int~nst tMr~in o? p~rt tMrwf, in tM apprpah swe ~faNaid a
in ~xcas M~~of, tlhll contsin tM uw+l sundard mort9ayN davs~ w wd+ od+u cla~ a_ tM Matp+~ Rri n4u~n. m+k~^0 tM Iws w~dM s+~d Po14
ci~s. ~ad~ and ~wry. P+Y•bl. a s.k! MORTGI?GEE ss in in~erea n+ay .pp.ar. and ~ach snd ~vKy iud? policy ~hal) b~ p+ompty ~ss:pe»d and d~liwr~d w
.ny A+W by wid MORiGAGEE a fu?thK ~cwit~r ro s~td ~norp+p~ d~W. and, na t~ tMn nn l10) day~ in ~dv+nn of tM ~xptr~tion of ~ach policy, w dr
I~v~. ro Nid MORTG/1GEE • n~ww~l thawf, wp~tFwr with • r~ipt fat tM pr~miwn of such r~ew~lj uid tMn ~il b~ no fin w windstwm inswaoa
pl~ad on ~r of aid bvildnp~, a~y hter~at tMnu? o~ put thenof. unless io tl+~ fwm and wi~h th~ loss pay+bb a~ ~fa~iakl~ ~nd In tM ~wnt ~ny wm
of mon~y b~oon~ payaW~ ~~d+r wch poiky or pol~ci~s s+id MORTGAGEE ahall hsw th~ opYan to reaiv~ ~nd applr tM s+m~ on +ccovnt of tM ir~debtd~
r»a acw~d Mnb~r a w pKmit s~id MORTGIIGORS to noaiw ~nd u~ it a any pa?t tl+ereof fo? other purpoies, wi~hout tl~ereb~ w+ivinp a in~p+h-
iny +~Y qwb. li~n w ripht wdM ar by vktw of fi~it mort9a~e: .n~i in th..vs+n wd MORTGAGORS shall fw any r~ssa+ fail ro ka~p iM aid pr.mises w
2nsund. w f~it b d~liva pranptly .nr of s+id polKi.s of inswu~c. ro said MORTGA~EE, a fiil prompNy to p~y fvlty ~ny pr~mium tMr~for a in ~ny
rap~ct f~il b pMfonn, disch+ry~. uaa+N. ~ffect. compl~t~. comPN wi?h and abid~ by thi~ aown+nt, a ~ny pirt hKwf, said MORTGAGEE m~y plaa~ ~nd
P+Y fa weh Gauue~ a any p~t M»rwf without wahrinp o~ afiMinp +eY ofNion, (ien. W~it1l, or ripht u~ or 4Y virtw of thi~ Mortpap~. and tM
fu11 ~nwwM of wch ai?d w~ry wd~ paym~nt sb+ll b~ imm~tiat~ly dw +nd p+yaW~ and ~h+ll b~a~ intKeat fran th~ da» thKeof uotil paid at tM raa of
nin~ pa pntwn pa anewm ~nd to~thsr with wch inrer~st shall be secvnd by tM li~n of thia matyape.
I. To P~enif. aommN a wff~r no wast~. imP+irm~et w d~teriaalion of wid prope.ty ot ~ny put tlie.eof.
S. To pay all and sinpvlar th~ ooats, ch~rpa and expa?s~s, ind~d'inp ~ ro+son~bls ~tromey's fee snd a~ts of ~batracts of titl~. kKwnd w paid at
.~ny tim~ by said MORT(~AAGEE. b~cavs~ or M th~ ~wnt of the failw~ on th~ part of IM aid MORTGAGOR fo du1y. promPtly and fully p~rfwn4 diKh~.pR
~xecut~. ~ffscf. -campleN, oomply with and abidt by ~ach uid ewry tM stipu~atiaa, ~preem~nts, oonditio% and aown+nn of s~id promiu«y note and thu
mort0ap~ +rhr a~itha. ~nd said oa~s. chu9e+ +^d ~xPenses. ~+ch and ~wry, sh~ll b~ Lme~diatety due and p~y~t wMthtr o? not thx~ b~ notiu dr
m~nd, aft~mpt to aoll~ct w wH pMdi~g~ and th~ fuil arnount of e~cA u+d w~rp such P+yment shall bea. iottrat fran IAe d~N thereof uotil p~W at tl+~
rate of nine p~t pntvm pK ~rwwen; ~nd ~II aid oafs, ch~r~es u+d exp~nsas intvrred or paid, togethsr with wd+ intW~at, sh~ll b~ a~cund by th~ Iwn of thi~
mortp+qw
b„ ihat W in tM ~wM oE any btach of this Nbrtysp~ a d~f~vit on th~ part of th~ MORTGAGOR, or (b) in 1M wer?t a~y of s~id wrta of moeNy
herein .•f«r.d w b. na Pro~+Pry .nd fi,iy p.~d w~nc~r, ~h~r C~o) d+ys next after tha same severally becoms du~ and p+yabl~. withoul d~mand w notice.
or (c) in tM ~wnt tach and ewry tM stipulstio~a ayreemenn, conditions ~nd coven+~b of s~~d promisswy note and this mortQ+y~ any w either ut no1
iuly, promptiy and fvlM puformd, d~xAuged. ~xecuted. ~ffeded, canpt~ted, compliad witA and sbided ~iy. tMn in ei~Mr o~ ~ny svch w~+~t ths s+id ap~
preyatt awn m~ntiaNd in aid promissorY ratt th~n ram~ini~p unpaid, with intaest aca~red, and all montys sKUr~d. hKeby. sh+ll betar.t dw and p~p
~bl• forthwith, o~ tMrNha, ~t th~ option of said MORTGAGEE, as fvlly and comptNely a~ if a!I of the said sunn of nan~y were wipinally ~fip~'~ted ~
to be paid on wch dsy. ~nylhinp ie s~id promiuay oon or ii+ this Mort~e to tM contrary notwitiaNndiop; and th~r~upa+ a thereaftar a1 th~ optan of ~
~~id MORiG/1GEE, without ootio~ a d~mand, suN at law a in puity, therefom a tl?K~+h~r bpun, ~naY b~ priwn+t~d as N all moMys secund her~by
had matur~d prio? ro iri institution.
7. Th~t in th~ ~wnt th~t N th~ byinninp of or ~t ~ny time pendi~g any wit upo~ this Maty~p~, a to fonclot~ H. w ro rofwm N. w to enfora~
paymNff Of any d~ims hareunde?. said N10RTGAGEE sMll sppty to the Court hsvirg jurisdK+an therwf iw tM appantm~nt of ~ Rsceiwr. wch Court sMll
forthwith ~ppoint s notivK of ~a'~! matp+ped prop~?ty all and sirgula, inttvd~np all and~singular the incom~, ptofits. Issi?a and r~v~nues ftom wluttvK
sourc~ d~rM~d, ~sth and ~vuy of which, it beinp expressly ~nderstood, a hercby mor~g+ged as if apec~fiully ~tt forth and dewib~d in thi 9raMinp and
habendwn daw~s hereof, and wch RaoeivK shall Mve all the boad ar~ effective functions and powsrs in +eywiss entnat~d by a CouH p• Receivu. ~nd
~~ch appointm~nt sMll b~ m~d~ by wd+ Court ~s ae admined equity arid a;m+tter of absolute. rght ro s~id MORTGAGEE. a~d without r~ferena ro tM
edpuicy or Mud~qwcy of tM wlw of the p?operty mony+ped w to ti+qrsohcncy w i~solvency oi said MORTGA~'aOR or tM defendanfs, snd that wch
rem~, p?ofita, Incwm, itsws and rwenues shalt be applied by svch Recsiva saordirp to the lien ar puity of uid MORTGAGEE and tM practiu of such
Court. ~ ~
8. To duly. pronptly snd fully qrfom+, d'ncharye, e:~cute, effect, oqmplete, complY with ~nd abid~ by wch u~d ~very tM stipul~tions, ~yrs~ments. {
co~d~tion. and aoven~r?n in s•id prombsory nw• and this matype ast fath. ' . - f
t
9. 7l~at In 1M ewM th~ ovvnership of the mortysped premises. ar +~iy put thereof, becanes wsted in • p~non. otMr thsn the MORTCsAGOR, tM ~
MORTGAGEE, lt~ wcc~ssws and asipM, m+y, vni~houl notice to tM MORTGAOR, deal wi~h f~ch suu~sso~ a w~a~ssor in intaest with r~f~r~na to thb
mortypt and fh~ debl hsrt6y secur~d in tM s~ms maru+e? as with Mortgagor w~thow in ~~y way vit~~tin~ w d'ncMr~irg tM Mort9+yors' liability h~rr ~
under or vpon tM debt Mr~by secvred. No ssk of the premises hereby mo.t9sged and no iwbear~na on the p+rt of the MORTGAGEE or in suaeasors j
or a~siyns and no txtension of tl+e time for the payment of the debt hereby setured ~iven by ths MORiGAGEE a its sucuuws o? assipos, sh+~~ opsr+t~ ,
ro rN~~e, discMrp~, modity ch+n~ w affM fhe wiginal lisbility of ths MORTGAGQR FN~ein, either in wiale or In put.
10. It b ip~cifiully apreed that Y~me is of the esse++ce of this cauract ~nd tFNt ~o w~iwr of any obliy+tion F~evnder or of th~ oblipation sa
cvrsd Mr~by sMll at ~ny tirne th~reafia b~ held ro be a waiver of the t~rnu hereof or oF the imtrumsnt ~ecund M?by.
11. In addition M th~ forego:ng monthlY psyments of princ:psl and interpt required by the promiuwy rale secvred herebY, mort9sgor cownanb
and ~yreta to p~y to mortya9ee with eufi manF?ly payment an additipna) aum estim~ted bY roprt9+gee to be eqwl to 1/12 of the anewl cast of the follow- i
erg: -
A-All rsal properry tazes kvied or assessed ayainst the abov~ di~c~bed real estata
B-Premiums on fin ~nd windstwm insursnte as herein req~~red to be urried C~ the improvemenb situate on tM above desuibed premises.
C-Premiums on such mortpaye 9uar+nh inswancr as mortgagee shall frari'tirn' ~tQ tin+! deem fit to cury on tM loan secured hereby.
` Mort9apee shall from time to time notify mortgagor in writing of tM amount due ~n~paYsbk hereunde? snd such wm shall thereupon b~ due and
~ payable on the due date of the next monthly payment ~nd each successive mo~th there~frer ~lntil mortgagee s}ull notify mortgagor of a chanQ~ in such ~
~ amount. Such wms shall be ~pplied by mortysyee toward the payment o4 r~st property taxes, imursnce premiums, and mort9ape 9uaraMy iravnnct ~
~ premiums. 1
~ IN WITNE55 WHEREOF, th~ said MOR1GqGOR hss~.hueunto set his Mnd ~nd u+l the dsy and yesr finf afores~id. ~
~ Sipn~d. Id and ~d in tF~ p~sN+a af: ~ '
l ,C~~C(J (S~q
rs..q
rc..p
rs.~,q
, ~
STATE OF FLORIDA ~ ~ ~ ~
St. Lu~ie
couNrY oF
eef,n m~ p~,b,u~W,pp~„ed JeWell Wood, a single adult ~
Z Ear L7[~ to me well known and known to me to M
tne IMlividw~? desriGb~d b ~nd who ex~cvted the fwepoinp instrw~wm, rid ackrawkdgad before m~ that ~ezearted the same for tFa purposes `
rherein ayfr~~d..1CZ~"•~xy~ - 3
's
- z_~,~~~plt/IaC~DrIUGi~ f
~ i
~ 3
wm~,ESS mr ~,a .~,a ~~.i ,..i d.,, ~r Februar a p. ~s6? ;
{
~ _ ;
~ . Not~ry Public in ae+d fw the State of Florid~ ~t lupe I
~ RNwn Ta `,~~~~~+:c~t~t~ti~,s,~ My Canniuion txpir~ss
•
~ First F~d~rd Savinps 1~ t,wn AaociaYan PI~K, sti~! Of AOfldi ~(ifq!
~ c~~ ~a s~t. 23. 196Sr
~T1~~~1? Pt~O.~GORDkD . ~NI b A~w fw ~ C+~w~h G. z
S7, l.UC1E CS~UNTY FLA~ ~ c=
R~CORO YERIFI "0 . _ ; ~ ' r' ~ : .
-~iJ
R . .f~ ~.Q s' _
' I • ~ J • l` -
'6T ~E~3 7 P~ 4 : OS ~,.~t;
; - ~
15~2554 'r~~~.,,,,,::i~.~~~
:o::~ N ' o~ ; ~:.s
CIERK CIRCUIT COURT i
,
gooK164 PACE1584 '
- -
- ~ ~ - ~~~a ~.r~~~~. -
#