HomeMy WebLinkAbout1828 ~
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To piao~ ~nd oontirwou~y ks~p on tM buildinps now w hK~~fiu uwat~ a? said land and on ail equipMnl ~nd penonally covK~d by this e~nor~¢
p~. wi~h ~II pnmiwhs ~hu~on pa;d in full, fin i~?iu~u+ce in the uswl st~nda.d policy fpm, in a swn ~pprowd by tM MORTGAGFE. snd windqom? '
ir+sw~na h Mw ~tual standard pol;ty fo~ny in ~ sum appovsd by th~ MORTGAGEE, i~ such company w compani~s q tM MORTaAGEE may .
dfnctt +nd ali fin and wi~~wm in~waew~ policies a+ ~ny of iaid bvlWinps, ~~y IetK~st ther~in or p~n th~nof, le tM ap9req~t~ wn+ +fae~+id a
In ~xpq tlwnpf. ~ha11 cont~in iM usvat standard mortyaye~ ctause or such othtr ciaw~ q tM AAatpaQK may ~pu'a~. makinp tF~ loss wda s~+d po1F
ciy, ~acA and ~vMy, p~Y~bt~ to saW W1pRTGl1GEE ss in interest may ~pp~u. u+d each ~nd ~very uxl+ policy ~MlI b~ prompNy ~ss:yned and dsliwr~d to
u+y Mld by wM MORTCsAGEE a fwthK sscurity to s~W monQs~ d~b
, ~nd, not ku th~n qn (10) days in adwnc~ of tM ~xpir~tiw~ of tsch policy, to dr
I+wr b saW MORIG11GfE • r~wal tl~wf, top~th~r wi~h a receipt fw tM pr~mium of wch ~Mew~~j ~nd ther~ thall b~ no fin o~ winditorm Inswae~c~ •
pl~pd on ~ny of s+id buildir~, ~ny intenst tMr~in or P~rt ther~of, u~leis in ~h~ fwm ~nd with 1h~ bu pay~bl~ u afa~saidr +~d In tl~ ~wnt ~ny swn ;
of mon~y b~cams p~yaW~ undK sud~ pofky a politl~t said AAORtGAGEf ahall haw the option to nniw and apply tM tarn~ on acoount o( tM indebted~ ~
n~u Ncw~d ha~by w a pKmit said MORTGAGQRS ro nseiw ~+d u~ M a+ey parf fhereof tw othe. pvrposes, w~~hout thereb~ waiving a imp+ir-
inp any puitr, li~n p riphf ut?dN or by virtu~ of this mortgpr, and ir~ fiN ~vMt s~id MORTG/lGORS shall (a ~ny rtawn fail ro keep the aid prN??ises ~o
t~sund, a fill to d~liwr prompllY any of u;d policies of insurance ro aid MORTGAGEE, a fait promptly to par fvlly ~ny premium th~r~for o~ ln any
~~sp~t.t~it-1o paforn~, diulwp~. ~x~cvt~ tifed, compl~t~, complY with and abid~ by this eovenaet, a anY put hKwf, ssid MORTGAGEE may pba ~nd •
_ P+Y ~ sud~ i~swMrn w~ny part tlwnof w;tAout waivinp a aff~ctinQ anY optiw~, Il~n, pv;ty, or ~ipbt ur~ w by vi~tw of thii Mortp~e. and ths
full aeno~nt of ~ad~ and wKy wd~ paymN+t shall be immediately dw and p+y~bb and al~ll beu int~rep f~om th~ dab thereot w+til paid ~t th~ rat~ of
nin~ pa pnwm pK anrwm a~d top~ther with wch Interest aMtl be secured by tM li~n of this mortpage.
To pKmiL aommit wr wita no wut~, impairment ar deterioration of aaid prope~ty or any p~?t tl+eiwf.
S. To pay a!) ad tinpvl~r tl~t caats, char~ei and expcnies, iec)vdinp s rcssonsble ~ttwney i fee snd cosb of ~bstncts of titl~, i~cvn~d w paW ~t
~ny tim~ by wid MORTGAGEE, b~c~u~e or in the went of the failw~ on the p+n of tM said MORTGAGOR w duly, p~omptly ~nd ivHy ps~fam, d~scharqR
~xKVt~. ~fiad. oompk~~ oompfy with H?d abcde by ~ach and wery rhe ~t~pvl~rioos. ~qreemenr~, condit'rons, and cownann of said prom;ssory not~ ~nd tlw
~~D~ ~Y or ~iths~, u+d aaid cos~s. chupes +nd expenses, each ~nd ~very. ~hall b~ immediaroly dus snd p~yaW~s whethe~ a rwf tMr~ be Rotic~ dr
^++nd. ~tMmPt ro colNct w wit pMdin~r and tM full amou~t of each ~nd wery wch payment shall bea. int~rest from th~ daM thereof until paW at th~
nte of rttrN pa pntum pN ~nrwm; ind all said c+osts, charpea ~nd exp*nses intvrred w paid, together with suth I~tsr~st. shall b~ Navr~d by tM lien of Mw
morlp~p~•
6. Th+t W In the ~wnf af ~r breach of this Mortyay~ w defwlt on tFr psrt of the MORTGAGOR,. or (b) in the ~ve~t any of s+id wms of moMr
h.rNn nf.rnd ro b+ ~+or prornpMy and f~lly paid wifhin ?hirty (30) days next +fte~ the same severally becane due and payabk. withovt dun~nd w notict,
w W(n th~ ~wnt tsch +nd ~v~ry 1M ttipul~tioat ~greements, tonditions ~nt! cwensnb of said aromiuuy note and th~s mortp~ any w ~itha are rw1
iuly, promptly ~nd fulfy pKfer,n~d. disct~arped, execwed. efieaed, compt~ted, compl;ed wirh ~ad abided by, then in afhe~ w any ivch ~,nnt tM said y~
pnyat~ sum m~nYpned in s~id prqnissory npte then remaininp unpaid, with interest ~cuued. and atl mon~ys setund. her~by. shall beco~m dy~ ~nd p~p
+b~~ tathwith, w thereaha, at tl~ option of said MORiGAGEE, u fully and compktely if ~II of the wid suwr-of fionl~T wdre atpMatt~I ttipvlaMd
f° b~ Piid o^ such d+y. +~Y~hi~y b+ s+id p?anissory note w in tha Matp~ge to the contrary notwith~t~~dirg; snd therwpon w ther~aher ~t tM option of
+~id MORTGAGEE, withovt noY~ot or dema~d, wit ~t law or in equity, therefore or thereafter begun, ~y b~ p~p~cut~d u if all moneys ~ecvnd lw~by
had nNtvr~d ptiot fo ib institutioe. ~
7. Th~f tn th~ ~v~nt that et tM beginning of a at any tims pendirg any wit upon f!?b Mortysy~ or b foncloN N, 'of to r~fam tt, or fo enfwo~
p+ymtro of any d~irta h~reundcr, said MpRTGAGEE shall apply to the Cov?t Mving jurisdicYan ti~ereof fp th~ appointmMt of a R~teivet, such Co~N shall
fwthwith appoim ~ nceiver of sa~ mortQaged property e~~ a~d sinputar, inciudmq atl and singuter the inconK, profits, iswes and rerrra+~s irom what~vrr
tourcr d~riwd, esch ~nd ~wry o which, it beinp expressty understood. is 1,ereby mortgaged as if spccifiutly set fwth and d~wibed in thi prantinp and ;
h+b~ndum d~us~s heraof, ~nd wd~ Rcc~iver shall have ~II the brosd and effcsiive f~nct~ons a~d povren in anywise em~uited by a Covrt tp ~ Receiwr, ar?d ~
ivch appointment i}~i0 be m~tle by such Coun as an admitted equity snd s mane. of ~bsoture right to said MORTGAGEE, ~nd wi~hout rofennc~ to tl+~
adpwcy or insd~qwcy of th~ valw of the property mort9+ged or to th~ sonrency a inwlvency of said MpRTGAGOR a the defendann. and that wd?
nnn, profin, incpns, iaues ~nd revenues sMlt bs applied by such Receiver ~ccordir~y to the lien or equity of uid 1NORTGAGE~,u+d th~ practiq ot such
CouR.
6. To duy. promptly and fuly pe~form, discharpe, execute. effect, complete, comply with and abide by eac6 and every ths stipulations, apr~serwnt~,
conditbro and ooven+en in said promluwy note and.tha mortgage xt fath. -
9. Th~t In N» ~vent'ths ownenkip of the mwt9+yed Wem;ses, or ariy psn thereof, becomes rat~d !n • perwn other than tl~e MORTGAGOR, t!»
MORTGAGEE, iri suco~sson ~nd auiyM, msy~ without notice to the MORTGAOR, deal wifh such sucuuor p Mxussor i~ interest with referente to this
mort~ap~ ~nd the debt hereby secured in the same mamer as with Mwrgsgor without in any way vitiar~np a dixMryirg rl~e Mwt~pon' liabiliry he~r
und~r a upon tM debt hereby sccwed. No ~a1e of the premises hereby mortgsged and ao fwbear~nce on tha put of the MORTGAGEE or in suaessors
w+u6pns ~nd no ~xte.~sion of the-time fw the p~yment of the debf hereby secured pivan by the MORTGAGEE w it~ wccesson or ~stiyns, ~ha11 operat~
ro~+~. d~~. ~~oditY dungt or affect the aigina! liabil'rty of the A4pRTGAGOR herein, either in whole a in put.
10. !t b specific~lly preed that time is of the euence of this comract ~nd that no waiver of any obligatio~ hereunder a of th~ oblipation u-
curd M?~by shall at any tirr~ thereahK be hetd to be a waiva of the terms hereof or of the instrument secured Mrby.
11. In additior? to the faego:ng moe~thlY paYments of p:irK pal and imerest required by the promissory oote secured hereby, mort~agor cownanf~
and aqratt to pay to mortyaQee with cach monthly payment an add;r;onal sum esrimared by mortgayee to be eqwl to 1/12 of the annval tost of the follow-
irg:
A-All real property bxes kvied or sssessed against the above dewibed real estate.
8-Prsmiurm on fire and windstorm insurance as Ixrein ~equ~red to be urried on the improvementt sitwte on the above described premi~ei,
- C-A~em~v~» on ~ud+ mafgage gwranty insurance as mortgsgee sha11 from time to time deem fit to urry on the loan secured hereby. {
AAwty~pee thall from time to time notify mwtgagor in writing of the amount due and payable hereunder u~d such sum shall thereupon be dw a~d ~
payabls on fhe due date of the nexf monthly payrnent and each successive month thereafter until mortgsgee shsll ratify mortgsgw of s clung~ in wch
•mount. Suth swns shsll bs ~pplied by mortga~ee toward the payrrKM of real property ta:es, insurance prem:ums, and mortgsge guaranty insunnce
- premiwns.
IN WRNESS WHEREOF, the ~aid MORTGAGOR has he~eumo set his hsod and seat the day u+d year fint efwesaid.
Sipn S~al~d and d iyer tM presencs of: ~ ~ ~
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~ STATE OF FLORIDA ~
E ~ St. Lucie ~
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` ee~,.~,.P.,,a„uy,~,~ (3ladys Acree, s single adult and; Williem R. Koon
~ ,~a
E Julian Koon ?us wife, w me well known and known ro me ro b~
[ the ind'nidwb desuibed io and who executed the fw instrument, and acknowledged before me tMt they execvted the same fw ths pwposes
?~•eM .,cpr.,,~d, mnd H„ u 1 i a n-~Coon
` w~fe of tM ssid William R. KOOD ~~~~fe
~ examination by me taken ~eparate tnd apart f~an hc~ ssid husband. adcnowledged to and before me tt?at she exetuted said irotr~ment freely and volw~-
j t~rily and withovt ny? oompvlsion, constraint, apprehenaion, or fear of or from her said husbaed. ~
s
' WRNESS my hand and official sesl thi. ~y ~ I' A. D. 19"L i
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tary PuWic in and for the SUte of Fbridr at I.upe ~
RNt?rn To: aut:... My Conunission ~xpird: i
.t~ '°r ~~rr ~ ~
i
Hwt F~~I Swinps i Loan Asfociafion t~' @~ ~~ry pY6t'K. ~tate of flaid~ at 1~r0~
~ ~~~~~N~• t~' V I'l. .
or PK.~. ; I~y Ca~m~sion Expra Se~L 23.1969
~?~DFq~O RECORDED ; . ~ ~ ~ h f:. a c..Mrr c..
ST, I.UCIE COUNTY. FLA. ~ Q= ~ Q ~,.'s
RECORD VERIFIEO fi ~r.'~ ~ ~ = ~
t-~; r~ g a s-Y,
; . ~ Of~'•'J ~ -r``: •t
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'6T FE8 ! 3 AI+I I I : 47 ° .
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152'7~'~ .,r;....
FtOGE~R i'OiTRAS
CLERK CIRCUIT COURT
" { ~ gooK164 PA~E1826
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