HomeMy WebLinkAbout1832 S. To pl~a uwd ow~tinvously kep on tl+~ buildinps eow w hKeaftK ~it~at~ on i~id land snd on all equiprMM uid pK~on~liy oownd by thls map~
p~. with dl pramiunq tMr~on paid in f~ll, fir~ insurant~ i~ ~M usu+l ~tanda~d policy form, in ~ svm ~pprowd by tM MORiGAGEE, ~nd wi~~dstorm
?nsunna fn tM vawl s~ind..d polrcy f«~, in a ium approved by tM MORTGNGEE, in wch compa~y a comp+nia as tM MORiGAGEE n?~y
dlnct~ aw) ~If tin u+d wk~wrm inw~ano~ policie~ on ~ny of ~aid buildinp~„ ~ny inNnat thaeie~ a paA thtnof, in tt?~ ~pyrepau awn ~forraid or
tn ~xpss tMrwf. shaN uontaln ~M vswl sandard matgayee clivss o~ s~cl~ aMr tlauf~ a tM MatqagN m~Y nqu'w, nwlunp IM bst w~l~. ~aid poli~ ;
clN. Nch ~nd ~wty. WY~bI~ to ~ald MORTGAGEE iri inte~est maY ~ppear. ~nd each ~nd ~very s~ch polity ah~tl b~ pomptly ass:~e?ed and dttivKed b
~nY M!d bY s+ld MORTGAGEE as fwthw securiry 1o said mor~ysp~ deb1, and, nW Itss thaa tto (10) d+ya (n advu~c~ of /M expb~tion of kch policy, ro dr
(ivK b s~id MORTGAGEE • r~w~l thKwf, ~op~thu with • racs~pt fw tM pnmium of such r~wat; and thK~ sh~ll b~ oo fir~ a windi~am i~uuwna
plao~d on ~nr of said bulWinps, ~ny ietsrqf tMr~in or part thKwf, unteu in 1M fo~m and witi~ tM loss payabl~ a~ afa~said; ~nd in tlw ~vent any we?
of ee~y ~r,p p~yabl~ ~r~d~ wch paky p pa;e~s Htd MORTGAGEE shall Mw tM op~ion ro neeive and apply tM sam~ on ~eco~?nl of th~ ind~bted~
n~ss MwrN! INr~bp a b ptrmif said MQRTGAGORS ro reoeiw and uw h or any pa~t thereof fw other purposps, wilhout 1he~eby wiiviny or ~mpair-
i^o +~Y W~~h. a rg~+~ und~? w by vktw d this morty~ytr ~nd in fM tve~t aid AAORTGAGORS ~hall fa aoy reason fail to ke~p the a~d pr~miies so
Irtsw~d, or f~il b dellve~ promptlY ~ny of uid polK~es of inwrsnu to said MORTGAGEE, a fail promptly to pay futly ~ny premium ther~fw a in ~ny
r~~p~cr fatl b p~?foreh, disdw~, ue~cute, ~ffed, compl~te, comply wirh w+d abid~ by this oow~u?t, or a~y put her~of, iaid MORTGAGfE may plaa and
P+Y ~+ud~ inswant~ o? anY pirt t},~r~oi without waivina or ~ffectiop aMr option, Ii~n, p~;~y. ot r'yM w~d~~ or by virtw of this Matgp~. and the
full anwuM of ~ach ~nd twry such paymMt shall b~ immedi~tely dw ~nd p~y~ble u?d ~II bsu inter~st fram th~ dat~ thereof uotil paid ~t tM raN ol ~
nin~ pK pntwn pN annum and topethe~ with wch in~erest thall bs ~eaued by the lite of this rrw~tQpe.
1. To pNmit, corneNt a wffer no waat~, impalrmenl w detaantion of said property o~ any put thereof.
S. To p~y sll and sinpvlar th~ costs, ch~rpss and exp~rws, includinp • res~on~ble attorney's fe~ ~nd coin of ~bsnacls of tiH~, k~cwrsd w p~id ~1
~ny tien~ br s~id MpRTGAGEE, b~eaute or tn th~ ~wat of the failuro on tM p~n of tF+~ s~id MORTGAGOR to duly, promptly ~nd fully pe~torm, d~seharyR
~x~cuts. eff~ct compleM, oomply wifh u?d abide by ~xh and every the stipul~tiwqy iyreemenfs, condaio~s, and cov.nann of said promiuwy nor~ a~+d ~hi,
~ ~t ro collect w wiid cos~s. chu~s s?~d ~~epenxs. ~ach ~nd ~very. ~11 b~ immsdiately due and p~yabk:, whe~her or oot there be aoriu dt
11emP p~ndinyr ud tt+~ full a~nount of each and w~ry such p~yment shatl bear inrereat from fAe date thereof until psid H tM
rat~ of nln~ per ce~tvm per arowm; snd sll s~id coin. cMr9es ~nd expenses incwred w paid. together with such intar~at. slwll b~ securQd by th~ li~n of this
'norq+pw
6. 1}wt (a) lo tM ~vent of ~ny brsacl~ of this Mortqepe or defauft on the part of the MORTGAGOR, or (b) in tl+~ ~vent any of ssid w~w of nw+Ny
F,er~in nhrr~d to bs not promptly snd fvly paid w;rhin thirty (30) dsys nex~ after the same severally bscome due and pay~ble. WItIWUt dlnliffd O? flOfitO,
or W M th~ ~wnt each and every the stip~rlatioru, ~gr~emeny, conditions and coven~nn of s~id promiuory note and th~s mortppe ~Mr p ~ither ~r~ no1
~fy. P~a^PN~r Md (ulh? Perforrnsd, dischar~sed, ex~cuted, effected. compkted, compl;sd with and abided by, then in ~itlwr or ~ny such evenl 1h~ s+id a~
prpah wrn m~ntioned ln said promissory rqte Nxn remaini~+p unpa;d. with intNesf scuued. and all moneys aecund. he?eby. sh~ll become dw and p~y~
•ble fonhwith, or thereafter, at tht option of said MORTGAGEE, fully ~nd comptetaty ~i if all of the said swns of mw~ey were aipinally slipvlated
ro b~ psid on wch day, ~nyth~ny in ~sid p~q~~sso~y ~pte p in this Mwrpa~e to ~he contrary notwi~hstandirg~ ~nd tMrwpon or thereafter a~ ~he option of
t~id MORTGAGEE, without notin w dama~d, suit at law or in puity, therefor~ or therwfter be~~n, may b~ prosecut~d as if al( mon~ys sau?nd her~by
had matur~t! ptqr fo ib irotitWion.
7. Tl~t in tM event that at the beyinnirg of or ~t my time psndi~p ~ny wit upon this Mwtg~~, w ro iarecbs~ it, or to refo~n it, w to enfwa
p+ym~nt of any daims htreundar. ~aid MORTGAGEE shall apply to the Court Mviny jwisdiction ther~of fw tM sppoiotmaN of a ReceivN. such Cour1 shall
fwthwlth ~ppoinf ~ nceiver of sa' mortpaged property ap ard sinq~lar, includ~nq a!! snd singular t1~s incan~ profits, i~sun ~nd rewnues from whatev~?
sourc~ derivsd, aach and every o~whkh. it beinp exp?easly ~nde.stood. is Fxreby me.tgaged as if tpecifially set fwth and dewibed in fhe praroiny and
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lubentlwn clauses hereof, ~nd such RecavK si~all have ~II the broad and effective f~ncuons ar?d powers in anywise entrutted by a Covrt t~ a Reteiv~?, and ~
such sppointmtnt slWll be m~de by wch Cour1 u ~n admittcd eqvity ~nd e matter of absolute right to said MORTGAGE aeid witho~rt refererKt ro th~
~dpv+cy a in~d~quscy of rhe vslw of fhe properhr mortgayed or ro the wnrency w inwlvency of said MORTGAGOR o' ihe defendann, and that such ~
re~ts, profits, incwne, iuves and revenuea sha~~ be epp~ied by sucb Receiver accwdinp to the lien or equity of said MORTZ'aAGEf spd the pracric~ of such
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8. To duly, promptly ae~d fulN P~~. ~s~~~, e~ceec~rte, effect, compkte, comply with and abide by each and every tM stipvlatioe~„ ~preert~enb, t
ca+diNont +nd oovee+nts in s+id promfssory note ~nd tha mwtgage set forth. '
9. 1}~at in ths event the owrienhip of the mortgaped pre,nises, w ariy put thereof, becomes vest~d in a person other than the MORTGAGOR, ths '
MORTGAf'sEE, iri sucoessws snd ass;yrq, ,may, without notice ro the 1NORTGAOR, dtal with such sucussor or iucc~sspr in intereif with referMU to this
mortya~ and the debl heaeby setured fn the sart~e manner u wilh AM1ortgagot withoW. in any way vitiatir+9 or distha~ging ths MwtpaQors' Uibility her~-
under p yppn the debt hereby s~cured. No sale of the premises hereby rtaAgaged and no forbearante on the part oi tM MORTGAGEE or iri successws
or auipnt ~nd rw exteosion of the time for the psymeM of the debt hereby secured given by ti+e MORTGAGEE or iti ~uccessors or ~ssignt, ~ha11 operat~
to »kaN, d»ch~rpe, modify cha,ge ot affect the original liability of the MORTGAGOR herein, either i~ whob a in put.
10. It is specifically apreed that time a of the esxnce of tha contract ~nd tMt no w~iver of any obligstion hereunder or of th~ oblgation s~-
cv?ed haeby shall at any time thereaher be hetd to be ~ waiver of the terms hereof or of the instrumeM secured herby,
11. In addition to the torego:ng rtqnthlY paymems of princ'pal and interest required by tFe promiuory note secvred hereby, mortgagor tovenanb
and prees to pay to mortgagee w;th each moothly payrnent an addirional twn esNmated by mo?tgagee ro be eqwl to 1/12 of the annual cost of the follow-
ing:
A-All rsal ptoperty taxea kvied or assessed against .the above described real estate.
B-Premiurta on firo and windstorm insurance as herein requ~red to be carried on the improvemenls sitvate on the above described premises,
C-Premlums on such mortgsge guaranty insurance as mortgsgee thall from time to time deem fit to carry on the loan secured hereby.
MorT~s~ee sF?all from time to time notify rtwrtgagor in writing of the amount due and payable hereunder a~d such sum shall thereupon be due and
payable on the due date of the ~ext monthfy paymeM and each svccessive month thereafter unril mortg shall notify mortg of a ngr in such
amount. Suth svms sha0 be ~pplied by mortgagee toward the payment of real property taxes, ins~rance pre :umi, and mort e guar ty inwra~te
premiwns.
IN W E W f said MORTGAGOR I~as hereunto set his hand and sea! tF~e day and ys f' t daesakl.
i N~e presenc~ of:
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; ~n
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STATE OF RORIDA :
~ counnr oF St. Lucie ~ ~ ;
t
` bt~or~ rr+s perwnally appeared D a n i d C ohe n i
A nn e C ohen his wae, w me wen known ~na known to me to b. 1
~ the in~viduab detcri6ed in and who e~teMed tF~e fwegoirg instrumeet, and acknowkdged befwe me that they exeouted the same fw the purposes :
~ ?r?~..~, .,~..,,.a, n~e ,i,. Anne Cohen ;
` wife of tFN said David Cohen a~~~t~ ~.M
~ examin~twn by me hken aepante and apart from her said husband, adu~ovvledged to and before me tF?at she executed said instn?ment freely and volun~
' rarily and without a~y compubion, constraint, spprehension, o~ir of w from her s+id husband.
E WITNESS my I+~nd and official seal thn dsy of A. O. 19~_
Notsry Public in u+d fo? the State of F(orida at tar~e ~ ~
My Conunistion ~upires:
Retum Ta
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Finf r•ed.r•1 s~,~ys s tw„ w,w~;,r~or? Notary PubGc. Sfate af F:~ ;;fa at [arge
~ F«+ P~~r«. FIL.EQ AND RECORDE~ M~,r~~~, Fxp~e: Nor. 3, i969
P;~.«, Florida 6T. LUCIE COUNTY. FlA ' y
RECORO V IFIED ~ ~
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