HomeMy WebLinkAbout1826 ~o plaa u+d contiiwovsly ke~p on tM buildinps now w hKpfia wtwt~ on saW l~nd ~nd on ~tl puipmM ~nd pN~on~lly covK~d by this morp.
+9e. wi~h dl pnmiumt tlwrwn paid in full. ftti insur~nu ie tt~ vsual s~Md~.d policy forn+. in ~ sum ap~xowd by ~M MORTGAGEE. ad w7e~tam
tnuxana in Hw uawl aqnd~rd polity forn'1~ in a furn app~ovsd by tM MORTGAGfE. In wch comp~ny w oompania a tM MORTGAGEE m~y
d'u.at w,d ~11 fk~ and wN~d?ann hxwana pdiues on any of ~id buildi~qa, ~ny inhrKt th~rein a put ther~of. in th~ ~ppre~q wm aforaaid or
~n ~xoq~ tMr~of, sMll contaln tM usval uanda~d mor~papN ctsws w s„d~ alwr daua as tM Mo.roaQe~ rr,aY requin, maklnp th~ bas w~da ~a~d po14
ci••. ~ad~ snd .wry. P+r+b1~ a s~id MOkTGI?GEE a in inre.es~ nwy apps~r. and Nch ~nd svery such policy ~hall b~ p?omptly ~:~ekd a~d dttivKd to
•nr MW by a~d MORTGAGEE a fu.~h.r a.wriry ro aW mor~~sy. debL +~d. oa ku tMn t~n (101 d~ys in ~dvancr of tM ~xpk~tion of ~ach polkyr ro dt
f~w. ro utd MORTWIGEE ~~~wal tMr~of, top~thw with a r«~ipt for the pnmium oi such ~en~walt aed ther~ ~hall b~ no fin w wi~htam inwru~c~
pt~ud an any of s~id buildinpa. ~ny intN~tt tMr~in or put thereof, u~leis in th~ form and with tM loss payabl~ u~fonsaidj u?d in th~ ~wn1 any wm
of moMy b~cor„a p~ysbk w,~ svch polky ar pol;c~s sa;d Mt~RTG,qGfE alull haw rh~ op?;on ro reniv~ uid apply tM wn~ on accoum of tM ind~bt~d
nRis Mtvnd Mnbp Or b patmH s+id MORTG/1GORS to npiw and w~ N a any parl thereof iw other pwposes, without thereb/ waivinp or impair-
~ny any puity, li~n ar ripht w~da~ w by virtw of thia maty~ye; and in tM ~vent wid MpRiGAGORS sAaq fa ~ny ~NSOn /ai) ro ke~p d+e said pr«njsea so
iruur+d. cX faN q d~liwr promptly ~ny of pid policiea of ir?sur~nc~ ro ~aid MORTGIIGEE. or f~il prompty to pay 4ully ~ny pr~mium ti?K~fp or in ~~y
r~spKt fail q pafwn~, dischWp~, ~xewb. ~ff~ct. compl~t~, com,pM with ~nd ~b~d~ by M~is ooveeant, a any put hKwf. said IWORTGAGEE m~y pi~p ~nd
P+Y fa weh irauranc~ a any put thsrwf without wahrinp or ~ff~etin~ +nY opt+on. G~n. ~4uiry, w ripht w+dK w by virtw of this Mat9apt. aed tM
fu?1 ~nwunt of ~ach and ~wry sucl? paym~nt sMll b~ inwnedi~tely du~ and par~bb ~+d shail bsu k+tK~st from th~ dat~ thereof until psid ~t tM aq oi
nin~ pK pnty~n pN annym uid tpp~~?w,y with wth interest fhali bs ~etvrod by fh~ fiM o~ this morty~.
1. To pKmit, oonwoN or wffK no wut~, imp~imknt or deterioratan of ~aid prop~.q q any put therwf.
S. To p~y dl aod s&pular tM oo~n, cha~pM and axpenwa, includ;rp ~ naaoMble attomey a fe~ snd oosn of ~banacn of ritM. incwred a p~id a~ -
~ny tien~ by wid INpqTGAGEE, b~cauw or in th~ ~v~nt of the failun on the part of tM said MORiGACaOR b duly. promprly ~nd fu11y p~.forrt~, d~~cha~
exeMe. ~ffM, compleb, eomply with u+d ~bid~ by txh a~d ~very tM itipul~tions, apreerr~ents, conditio~s, ~nd oown~nb of s+id promissory oots and thw
:nor~pa4~ ~ny w~itM?, and uid aosb, chupes and ~xp~nses. each and tvery, shail bt irnmediat~ly dus u~d payable: wheth~r w nw ther~ b~ aotic~ d~
msnd, attempt fo eollect o~ wit pendie~ys and th~ full anaunt of e~ch and ~wry urch payment ihall beu intKesf irom ih~ daH thtrnof untli paid at tM
rate of nNr pK otntum per arVweni ~nd alt said eosn, chrrQ~s ~nd axpensss innured w paid, tog~ther with wch intKat. tlwll b~ t~cwd by tM li~n of tha
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6. TMt in the ~wnt of. any breach of this Morty~ o~ default on the put of the MORTGAGOR, or (b) in tiN ~vent sny o( ~id svrtu of ~y
heretn nfKnd ro b~ not promptfy and (uily psid within thirty (30) days nexf ifter the same severally becan~ du~ and payable. without demand or notit~.
or In th~ ~wnt ~ach ~e~d awry th~ stipulatiora. apreements, conditions u+d cowmnn of u1d promissory not~;u~d tAw morty~pe ~ny w~it1+K ~re nol
iuly. lxanpNy ~nd fullY PKfo?mad, disch~ryed, ~xecuted, efhded, comPleted, comP~ied with u+d ~bidcd by. thsn in ~ither a any such hnnt tM said a~
prsyat~ wen mMtiwrd in s~id promiswry nots then ram~ioinp w~paid, with intere~t acvued, and all mor?eys ~scur~d. hsr~by. sMll b~aom~ dw and p~y~
abl• fonhwith, or thKNftK, ~t the optan of ~aid MORTGAGEE, u fuly and con~l~~ely as if all of tM s+ia suri~i Of mo't~ey vii~~`oilp~lly ;tipvbted
ro b~ paid on s+ich day, artythFnp in said praniuoiy nots or in fhis Morrpaye to the contruy notwi~hst~ndinys ~r~d tI1KSUpon w-N+ereah~e~~f-throption of
iaid MORTGI1t3EE, without ootia o~ damand, wit ~t law or in puity, therafwe w thareafter begun, msy b~ prosea?t~d'vs if all mon~ya s~wnd Iwnby
ned m.hx.d p.wr to in tnstitvrion.
7. Th~t M tl+~ ~wnt that ~t tM bsy;nRinQ ot a st any time pendl,g any wit upon this Mortgs~e, w te fonclos~ N, a to nfam tt. a to ~nfwa
paynknt of ~ny dak~a M?a~nder, s~id MOitTGAGEE shall ~pply to the Cov.t having jurisd~ioo ~F?er~of fa tM appoietmeet of a Receiver, wd+ Co~n sh~ll
forthwith ~ppoint r nceiva of ss~ nwrt~aped property ~II and ainyuiu, indudug all aod singular rhe ir~n~, profits, issws a~d nwnves from what~wr
wurc~ dKlved, sach ~~d ewry o whKFy it beinp expreuly undentood, is hereby matgsged u if spec~fiully set forth and ~d~saibed in thi prantinp ~nd
habendum clauws herwf. ~nd such Rec~iv~r shall Mve a0 the brosd snd effective funct~a~s u~d powen in ~nywis~ entrwted by a Court ip a Receivu. and
iuch appointmtnt s1~al1 be mad~ by such Cowt u an adm;tted eq~iry ~nd ~ m~tter of ~bsolure right to s~id MORtGAtaEE...,~d wi~hout nferenc~ ro tM
edpuacy a in+~kquacy of ths vilw of tF~s ptoperty mengaged o~ a the sonrency a inwlvency of said MORTGAGOR a the de(endann, and that such
renn, profits, iecoin~, iuu~s snd ~~v~nves be sppliad by such Recei~rer accordinq ro the lien o? puFty of said MORiGAGfE and the p~xtia of tuc1~
CouA. ,
8. To duly, promptly ~nd fvlly p~?form, d'iach~ry~, execute. effect, conplete. tomplY wi~h snd sbids by Mch and ewry tM stipvktions, ~prsem~nti,
conditioro and covenann ;n said prombiory note srd this mortgage set fath. '
9. Th~t in tM ~vent the owrkrship o# the mortgayed premises, or aey part thereof, becanes v~eshd ~f a ptraon ofhe? than ths N10RTGAGOR, tht ~
MORTGAGEE, Hs wa~ssors and auigns, rrNy, witho~t notice to the MqRTGAOR, desl with such wcceswr o? ~ucc~s~or in imerts~ with rde~~ to this 1
mOrt9ap~ and tlie dep~ hKeby secured in the sama manne~ as with Mwtgagw witlwu~ in any wsy vitlatiny or discharyinp the Mortyayon' IiaDility Fw~-
under w upon th~ debt hsreby secured. No sale of the premises hereby mortgsged ~nd no forbearance on th~ p~rt of tM MORTGAGEE or its successon .
ar aaipnt and no eaternion of the time fw the payment of the dcbt hereby secured yiven by the MORTGAGEE or ih successors or ~sipin, slw~~ optr~t~ '
?o relew, diuhaty~, mod;fy chac~g~ ot affect the wiyinal liability of the MORTGAGOR herein, either in whols w in part. ~
1R It b ~pccifiully aQnad that tlms is of ths essence of this contrxt and thst no waiwr of ~ny oblipat~on hsrev~sde? or of the oblgation se-
cured M?~by ~hall af any time thereahe? be heW to be a waiver of the tem~s hereof w of the instrume~t aecw~d he~by.
11. In addiYan to the forego:ng monthly psYments of princ'pal and interest required by the p~omissory note secured hereby, matgagor townants
and a9ress ro pay to mortyagee wirh exh monthly payment an add;r;ena~ sum esNmared by mortgagee to be eqwl to 1/1~ of the annwl cost of the follow-
ing:
A-AO real property taxes kvied or assessed against the above desvibed real est~te.
B-Premivms on fire and wir~torm inwn~ce as herein requ~?ed to be urried o~ the improvemenri sitwt~ an tF~e ~bove described premists,
C-?remiums on wch mort9ege ywranty insu~ance as mortgagee shall from t;rrK ro time decm fit to prry on the loan secured hereby.
Mwtgagee shatl from time to timc notify mortgagor in writing of the amount due and payaWe hatunde~ ~nd suth sum shall thereupon bs d~e and
payable on the due date of the next monthly payment and each successive month thereafter until mwtgagee sha11 notify mortgagw of a chanp~ In such
amount. $utl~ swna shaN be applied by mortgagee toward tFx psyment of real property ta:es, inwrance prem:ums, and mort9ape ~wranfy inwra~ce
p~emiumt.
IN WITNESS WHEREOf, tM s+id MpRTGAGOR hss Fxreunto set hi~ hand and seal the day and y~~r ~nt ~foresaid.
~D~. SNI~d ~d del ed in t pesaica of: . •
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57ATE OF FLORIDA ~
courm c?F St. Lucie
eera.. e,. p~,on,tW . ..d C. J. C r i s t
Irene C
ris t ~ w~~ to ,~~i k~,~ ~a
rhe individwb tkwibed in ~nd who sxecvted ths fore9oiny inst~t, and +cknowtedged before me tMt they exewted the same for the W+~P~~
lherein s~cpr~s~ed, Md t~ wi~ Irene Criat
w~fe of th~ s~id _ C. aJ. Crist - . upon a sep~rats and privat~
exemin~tion by rns taken sepante and apsrt from her aaid hwbsnel, adcnowledged to u~d befors me that she executed said irntrument freely ud vol~rr
tarily snd withovt any coe~np~~sion, coratraint, appreMnsion, a feu of w from her said husbsnd.
_ WITNESS my h~nd and official sea) thi. day of A. D. 19~
Notsry Public i~ u+d for the State of Fbrida at larpe
~ .tt~~i:t• ~ . ' My Comrniss'an ~xpires:
R~twn Ta ' `~,.•t ~ _ ~ ; ,
flRt F~fa~ w-w~1N Pi!!`Oifl AtWC1i110f1 ••:'~wrq•, .J`~, ; 7n
• ~ ~~d+ at Lir
Fo.~ P~erc., Fb.?d. ' : j = •~i? ~
~ENp;~ 23. 1969
~ F1LED AND . RECORD D ; _Q; ~ ~ ~ : ° `
ST. LUCIE COUN FY~~?• z . ~;a.: ; ±
, ~ J~ ;
• RECORD Y Rt r'' ' _
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Z:!•., U..' 2 t;.• ~
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'61 FEB I 3 A
N I I' L~~
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j52'706 ~
ROGER PO~TRaS g00K164 PACf1824
Ck.ERK C1RCUIT COURT
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