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HomeMy WebLinkAbout1736 To plan +nd aontirwo~qy kNp on tM bvildinps now a I1NNffN NfV~t~ Of1 wid (~III~ ltld Of1 ~II OqViprtNM ~I1d ~yp1NI1y COVffKI ~ lI111 f110f1~ +p~, witb ~fl pnmiwn~ tMr~on paid in tull. fir~ irouanc~ in ~he vwal sundard poficy fonn, in a swn app~owd by tlw MORIGAGEE. and wind~tam hwrw+a in tM uiw! sta~osrd pol+cy faa1, b• iwn approv~d by ~M MORT('iAGEE. in s~ comp~ny o~ compania a th~ MORTGAGEE nNy dind~ wd sll fin a~d windiwn+n irow~no~ policas on any of uid buildinps, any 4?terNt tAerein o? p~H 1Mr~of, in ~h~ p~r~p~t~ wen ~toraaid p M~xpp tfNnof. ~II oont~in tM uswi st~ndard mwrgagN claus~ or sud+ othe~ davs~ u ~M Mwlpap~s r..~y rpuir~, m~kirg 1M bu w?~ aid pol} c1~+. ~+d~ Md ~wry. WY~bI~ b said MORTGAGEE as ib i~tcr~st may sppear, ~nd each and ~wry s~ch policy shatl b~ promptly su:p~ed and d~livK~d to My MW by iaid MORTGAGEE at furthK s~twity lo s+id mort~ap~ debt. ~nd. na !~ss ~hM ta~ (10) d~ys in edvanc+ of ~M exp'ua?an of eacb Po1kY, ro dr IiVN ~o a+W MORTGAGEE a nn~wal tMr~of. top~tiw with ~ receipt fa the premium of wch r~newal~ and tFw~ shall b~ no fir~ w windsto~m insw~nc~ pl~ad an ~ny of s+id build'ug~, ~ny intK~t tMr~in or p~rt the?aof, v~leu io tM form aed with th~ bss pay~bi~ a afwaaid; and in tM ~vent ~ny wm ~~Y b~ Wy+bN wch policy a polici~s uid MORIGAGEE shall Aaw th~ opfion ro nceive u~d ~pply tM sune on accounl of tM ind~bted~ Mss wcvnd Fweby a b pKmtt s~id MORTGAGORS ro nceiw and ~ N p~~y part fhereof fw o~her purposes, wi?hout thareb~ waiving w impau- ~+p a^Y ~4~+~h. I~ a riqht urd~~ or by virtw of thq mortp~pe: ~nd in tM wtnt ~aid NIORTGAGORS shaN for any reaso~ tail to kcep the said p~mises w 1?aund, a faU b d~liwr promptly any of said policies of inswar~ ro s~id MORTGAGEE. w fsil promptly to pay fully ~ny premium therofw or in any nsp~ct f~il b pwto~m, duch~rp~. sx~cw~ ~ff~ct. oomplet~, oomply with and ~bid~ by th~s cove~aet, w~ny put hereof, said MORiGAGEE may pt~c~ and P+Y Fo? wd~ t+aw~ w arty p~A tMnof withou~ wshrinQ w~ffectinp any cptiwy (itn, pvity, o~ ripht vndN a by virtw of thls Mwt~ap~. and tM full anawM of ~ad~ ~nd w~y wcA p~ymM1 ~M11 b~ kwn~dwtdy dw sod psy~bl~ ~nd shall b~ar intKesl frwn 1h~ date tMreoi unttl paid ~t th~ raM ol ~1IM PM aM~h1111 ~1M iIYNlf11 ifld tO~f1FMf WItII fIKIf IfIfHlf~ lAiII bf iOCYfld ~ fM IIM 6E fllfs 1110ff~~f. To pKmit, oornmit or wff~r no wuM, impairmeet or detNior+tion of said prope.ty or ~ny paN. thereof. S. To pay d! and ikqular tM cosh. eharp~a ~nd sxp~nse~, incl~diny ~ reaaoMble ~ttaney i fes and crsq of ~b~tracts of titl~, incun~d or piid ~t ~ny tinr by said MORTGAGEE, Muus~ a in th~ twnt of the failure on ths prrt of tM said MORTGAGOR w duly, prompry ud ivlty p~rform, d~schar~ •x~cu». ~ff~c1. aomplN~, aomply with and ~bide b~r ~ach and every tM stipvlations, agrssrnents, conditior?~ and cowrnnts of said promiswry ~ots ~nd thii mort~ a~ryr o~ ~itMr. and said costa, ch~r~s and ~xpenses, each snd ~vary. shall b~ immediuely d~e +nd psyabk: whsther w not ~hen b~ .o~ice d~ m+^a. attemW to oo~kct a wtt p~ndiny~ and th~ full amount of ~ach and ewry wch payment thall beu intMrtst from rhe daM thereof until pald d the rare of n4r p~r pntwn pt~ ~nwm; snd ~II s~id ootts, ch~r~s and expe~ses in~vrred w p~W, tog~ther with sixh inter~at, shalt b~ ucur~d by tM li~n of thi~ ~q~ 6- jh+t k? th~ wa~t of any breach of this Mort~ap~ o? defsult on tM part of the MORiGAGOR, or (b) ie tM ~vent any of said wrns of rrwr~y M.~ ~~fend ro b~ nw pranprly a~! ivly pa;d wi~hin th;rty (30) dayi next atte? the same seveaily bacorn~ dw ~nd p~yable, without dam~nd or eotic~, or (rJ in ti~e ~vsM ~ad~ u~d evsry tM stip~lationa, ~greements, tonditiau and coveMnts of s~id promiuory nots and tAit mortyay~ ~ny p ~ith~r ar~ no1 iuy, promptly and fullp pKform~d, dixMr9ed. ~xacut~d, effecred, compkted, complied with and abided by, the~ in eitiw a any svd~ w~nt tl+~ said ag prpat~ sum en~ntion~d in Hid prorniuory rqt~ then ren+aining unpa;d. with interest acuued. and all moneys ~cvr~d. hKebY. thill beooe?~ dw and paY •W~ MrthwitFy p tMr~aft~r, ~t tM option of said MORTGAGEE, as fvlly and completely af if all of the ssid swn~ of mon~r were o~;pin~lly stip~;lated ro M P+id a? wdi d+y, ariythinQ In s~id promissory note or in this Mo?t9a9e to the contrary notwithst~ndiny: ~nd ther~upon w thereaher at the option of •~td MORTGA(3EE. without rwno~ er demand, wit at law or in eq~ity, therefon w thereafur bep~n, may b~ prosecv~~d u if all rtwn~ys s~wrd h~rsby had rtNfwsd ptior fo its inttifution. 7. Thaf In th~ twnt tMf N th~ be9inninp of or d any tim~ pendiny ~ny wit upon thw Mortyay~, a to fonclos~ it, a to nform N. or to enfora P+Y~M of +r?Y cl+ims hs?wode?, said MORTGAGEE shall apply to the Cwrrt Mving jvrisdicYwn thereof for tM ~ppantment of a R~teive~, wd~ Coun sMll forthwith appoint a rcceiwt of sai~ mort9sped prpperty dl and singutN, includn+g all and singular th~ incane. p~ofits, jsswa and rewnves from whatw~r wuro! d~riwd, ~ach a~d ~wry o# which, it b~irg ~xpressly understood, is hereby mo.tgaged as if specifitally set fwth and dewibed in thi prantinp and Mb~ndum dauses Iweof, uw! such Reuiv~r sh~ll have ~II the brwd and effective funct~ons and powen in anywise entrust~d by ~ Court tp a Reosiver, ~od such sppointm~nf shall b~ r»ad~ by suth Court ~s an admitted ep~ity aod s mitter of abwlute right ro~aid MORTGACaEE, and without roferenc~ to tFw ~d~qu+cY a in~d~qwcy of th~ wlw of the propaty morty~ge~ or to the sonre~cy or insolvency of said MORTGAGOR a th~ defend+nts, and that such rent~, profits, incwn~. asues snd r~venues sMH be applied 'by such Receiwer accard~ny to the lisn a equFty of said MORiCaAGEE u~d the practiq of wch Courf. . 6. To duly. pranpty and fully pNform, disc}?sry~ execute, effact, c+wnplets. with and sbida each ~nd condittons and ooven~nh in said prombfory not~ and this mwi CO~'~y . bY ~v+~Y ths stipulations. +Drs~enentt. ~sge set forth. 9. Th~t in th~ swnf th~ ownershtp of tht mat9aped Pn*^ises. or any part thereof, betomes wst~d in • penon other th~n fhe MORTGAGOR. th~ MORTGAGEE, its succ~sson ~nd ~ssi9~q, may, without notice to the MORTGAOR, deal with :uch svasssor or wKeswr ;n imerest with refer~nce to thia mo?tpp~ ~nd th~ debt hereby iecu~ed in tiK ssm~ nunner as wieh Mo.tgago. witho~t in any way vihsri~g or d~scMryirq the AAwtyagon' liability herr unde~ or upon th~ d~bt Mr~by secured. No s~le of the premises hercby mortQaged and no forbearenoe on the part of tM N10RiGAGEE or in successw~ e* u~ipro u~d no extension of the Yune far tha p~yment of the debt hereby secured yiven by the MORTGAGEE a its wccessors or assiyrq, stwll operaf~ to rNs~tt, d;ahuyt modi{y chang~ p affect !hs aigin+l lisb7~ty of the MORTGAGOR herein, ~ithee in whde w i~ pirt. 1Q N b y~ecifiully preed tMt time is of the essence of this contract ~nd tM1 no waiva of ~ny obli~ation harwnder a of tFw oblip~Yan s~- cur~d I~w~by ahdl at ~ny tim~ thereahK b~ Feeld to be ~ waiver of the terms hereof a of ths instrument ~ecwsd haby. 11. In edditan to the forego:ng monthly payme~ts of p?inc:pal and iMer~st required by the promissory note secured hereby, mwigagor covenants and p~tes to pay to mortQaye~ with ead~ ma~thly paymenl an addit'anal sum estimated by mortgagee to be equal to 1/12 of the annusl cost of tM follow- inp: A-All rsal property tsxes kvied a ~ssessed against the above d~suibed real estate. B--Pnmiums on fwe ~nd windstorm insu~ance as herein requ~red to be carried on the improvement~ situate o~ the ibove dewibed piemises. G-Pram;vms on wch n,ort9a9s 9uan„ty insur.nce as mor~gagee shall from r7me to time deem fit to carry on the loan secured hereby. 'Mwtp+gaa shall from time to time norify mongagw in writing of tiro amoum due and payable hereurder and such sum shall thereuppn be due and pay~blt on the d~re dste of the next monthly payment and exF? successive month thereafter until mortgagee shafl notify mort9agor of s chang~ in wch imounf. Sud? swns shall be applied by mwtgagee toward the payment of real property taxes, inwrarxe premturtn, ~nd mortyage guaranty inwrance pr~miums. IN WITNESS WHEREOP, the s+id AAORTGAGOR has hereu~to set his hand and seal the day and year fint aforesaid. tOn~d, S~a) and de! in presenc~ of: y-LS.~ f n f n ` ` n ; ~ STATE OF FLORIDA ~ ~ co~+vnr oF S t_ Lue i e ~ l.iwe ms qnonally •pp~aned ~To n Tp nt~r - ~ - j Mi 1 dred R_ To2o ~r his wife, to me we~l known and known t o m e t o b e ~ t M i n d' n l d w b d e s ui b s d i e ~ n d w h o execw e d t F ~ e fweyoiny instrurt~ent, and adcnowkdged befwe me that tF?ey e:ecuted the same fw tFa purpaes ~~~n ~xw~++•d. Md +he s+:~ _ Mi 1 d r e d R Te 7 e~ r wif~ of th~ ~aid Tp n Tp ALr • ~ a~~fe ~~t~ exa???in~tion by me taken sepsrsfe and apan from her sa;d hvsband, ~clcnowfedged ro and before me that she executed said iiutrument freely and voluo- u urily and witbwA ~mr compulsion, constra~nt, ~pprehens~qp~or feu of or from t~er said husband. wITNE55 my Iwnd and offici,l seal tl,~ /d l•e• dsy of _ A D. 19~_ i Notary Pu ' in and fa the State of Florida at larp~ R~twn Ta . ~ MY ion ~xpires: fua F.d.r.l .S,vinys i tox~ Aswci•rion Nottry PubNc. !MM W Raide i~t Csr~e t~?j;,~ My Comm+ssion Ex(?ires Aug. 6. 1fi67 Of fwf PieKe. i~ ta -~i~~ F30ild8d ~/qR1~~IGdf1 ~${IfE~ ~i0: Qf ~ Yi Fwt Pieru. Florida ~ , •l'`~', FILEO AND RECORDED: ~ ~ ~ ST. LUCI~ COUNTY. FLA: Y~_ REC~RO VERlFI b E~ ~ ~ i ~ ~~~a~~r~%~%;l~ - ~ ~ `a ,,•~c~ i '67 f EB I 0 PM 3: I I Q.-~~~` ~ 152639 ~QG~R rOt7RAS CLERK C1RCUIT CO~1RT • ~ r~~~~ ' ' 8oox164 PACE173~ ' - . ~ 4t ~ ~ - T. - - ~ ~ r