HomeMy WebLinkAbout1901 { ~ j ,
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To plaa and aontirwously kNp on th~ buildi~ps now or hK~ahK sitwt~ a+ saW land snd on ~II equiprt~o? ~nd pKSOn+~b oo~'K+d bY thit ^+o~q'
+q~. witl~ ~11 pneniw+K N~wn p+id in (uil, (in inturanc~ in tht ~su~l sta~dard policy fam. in a sum +pprowd by th~ ~MORi
M~MORTGAGEE~ ~*+Y
Mwru~q In th~ uwat q~ndard policy fonn. in + swn spproved by tM MORTGAGEE. in wch companY a~W^K+
direcrj and dl fin and w'~ndstonn insw~oos pol~cin a+ ~ny of said build~np~, ~ny inbreat tMrein a put ttw.wf, in tl+~ ap~~ey~t~ swn ~foresaid o~
tn ~xaa therwf, ~hall cont~in tM uswl sandud mwfy+g~e cl~vse or such ah.r dau~ u ~M Mwro+9e~ n++y nquu~. maklny t?r bsi undK s+~d Po~4
u~s, s+d~ ud ~wry. p~Y~bi~ to s+id MORTGAGEE ss its intereit may ~pp~a~. +~d e+ch u~d every such po~icy sMll b~ promptly us:qned u+d delivK~d to
~ny MW by ~afd MORTGAGEE a funhK aaxity to said mor~p~ye debt. and. nW I~s+ th~n tM (10) days in sdvance of tM ~xpir~tioe of tacl~ policy. ro dr
fiv~r ro Mid A10RTGAGEE •?a+~w~l tMrwf, topttMr with a reteipt fw iM pr~mium ot wch r~~ewatr and tl+er~ shall b~ ~+o fi~~ a wiods~am insw~nt~
pl~c~d on ae~? of aid bvildinpa, ~ny ieterest th~nin a put the.wf. unless in ~M fam and wi~h ti+~ lou p~ysbl~ ~s ~to.~s~idj u~d In tM av~nt ~oy wm •
of mw+~y b~comM paYaW~ w~da sud+ polky o~ polici~s s+id MORTGAGEE shall Mw th~ op~ion ro receive and apply fhe sam~ on +cca?m of tM ind~btad~ •
n~u wtw~d hKtby o? ro pK~+if said MORTGAGORS to ~eceiw ~nd us~ if a ~ny put tl+ereof for other purposes, wi~hout ~hreb~ waivjn9 or imp~ir
inp u?y p~iry, 1'an or ripht u~da o? by vktw oi this mort~ayet ~nd in 1M ~vent a~id lNORTGAGORS sMll fw aey r~ason fail fa keep the said pr~mises so
inwrcd, p fail w c41ivK pranptly ~ny of s~id policiss of insurance ro s+id NVJRTGAGEE. w fail promptly ro paY fi+lly any pr~n+ium tF~er~for w in ~ny
re~p~ct f~il b pKiam. dischary~. ~cecub. ~ffect. comP4te. comply with and abid~ by tha ooven+nt, or ~ny p+rt hereof. ssid /JIORTGAGEE may ptacs and ~
p~Y fw wd~ inwranc~ or ~ny p~rt tlwnof without waivinp a ~fiMinp +ny optiw~. Il~n, p~ity. or ripht unda w by virtw of tl~is Mo~t~p~. and 1M
f~l! anww?t of ~ach ~nd ewry wch p~yment shall b~ ~mnediat~ly du~ u~d paYsbl~ and sh~ll b~u intKett from th~ d~t~ thereof uotil p~id ~t th~ ra» of
ni:x pa oe~wm p~r uwwm and tog~ther with wch interest ihall be :ecured by tM lia~ of this mottp+pt-
To pt~mit, canndt or wffK no w~st~. knp+i~ment w deteriwation of ~sid prope~ty or +nY W?~ thereof.
3. To pay ~II and sinpul~r th~ costs, cMrpes ~od expK?ies, inclvdinp • reesonabM ~ttorney i fee and cwn of sbstracn of titk. incun~d o~ pa~d +t ~
eny tirr~ by aid MORTGAGEE, b~cav~e ot in the evant of the failure on the pan of tM said MORTGAGOR 1o duly, promPtly and hr~~Y Paform. difth+~t ;
•xecur~. ~ffict. oompl~t~. oon+Phr with and ~bide by ~ad~ and every the stipulations. +greemonn. co~d~r'~orn. •nd oownann of sad promisso.y no~~ and ~hi~ ~
morrp~ u?y or ~ithK. u?d s+id coits, ch~rpea and exp~nses, each and ~very. sMtl b~ krr+?edia~ely due and payabks w~~~ a~ ther~ be noric~ dr
mand, atMn+pt w colkd ar wit p~ndn~s +~d tM full smo~nt of esch ~nd eve?Y such p~ymeot shall bear inter~st fran tIN date tMrwf until p~id at tFK
rare of nIM p~r oentvm per ~nnum; ~nd a{I said costs, cMr9ea and expa+ses incvrred w paid, togNher w~th s~ch interpt, ah+~l b~ secvnd bY tM Iwn of this
mort0+pw '
6. TMt ln tM ~wnt of any bnach of this Mortq+y~ or defsult on tFr psrt of the MORTGAGOR, oc (b) in tM ~wnt ~ny of aid swns of mon~y ~
hanln r~f~n~d to M~ promptly ~nd fully paid wifhin thirty (30) days next after the same uverally b~tome due and p~yabls. without dsmaed w notic~,
or (c) In tM ~nt ~ch and every the stiputatioru, ~greemenn, condctans s~d covensnn of ~a+d p.om~s~ory note ~od th~s matp+pe ~ny o? ~itha u~ no1 ~
iuly, promptly w~d fully performsd, diuharged. executed. effected, completed, complied with ~nd +bided by. then in eitl~ a any such ~wnt 1M s+id +p~
pryat~ wm rt~nt?oMd i~ s~id promistory note then remaininp unpaid, wi~h imerost ~cvued, and all moneys a~cwed. hsreby. ihall bsoane dw and pay~
ab1• forthwith, w tMreafi~r, ~t tM oprion of said MORTGAGEE, as fvlly ud compkrey as if all of fhe sa~d sw+~a of moeey vrere oripinaily st~pul~ted
ro b~ psid on wch day, snythirg in said promiuory note w in this ARatgage ro tM contrary notwifhsandirg: snd ths~wpon o? the~eafte? at the option of
uid MORTGA(3EE, without eotiu or dem+nd. suit at law ot in equity, thereforo w thereafter bey~q, msy bt prwecuted u if all montys sstured het~by
n~d m.h,r.d par ro m tmtinnia+.
7. Th~t in th~ ewe~f that af tM ba9inninp of or at any tirn~ pending any suit upon this Mat9aQd, w to fo?~clos~ it. e? to roform h, or to Mfwo~
payment of a~+y daims herew+der, s+id MORTGAGEE sh+ll appy to the Court having jw~sd~ction therwf fa t!w appo~mment of ~ RKliVli. wch Covrt ahs~l
Ferrhwith ~ppoint s nceiv~r of s~~ mortp+ped property all ~nd sing~lar, inclvd~ng all and singulu ths incom~, p~ofits, issws and rewnues from what~w?
wurc~ d~tiwd. ~xh u~d ~wry o which, it beinp ~xpreuly ur?ders~ood, is hereby mortg~ged u if spetifitally se1 forth a~d dewibed In the p~antirp aed
habendum dawes he?eof, u~d wd+ Receiwr shall have all t1~e broad snd effective funct~ons and powers in anywise entrustad by a Co~rt tp a Receiver. and
~uch appointment shall b~ mads by wth Court u an admitted equity and a m~tter of absotute tight ro s~id JNORTGAGEE. ~nd without reference to th~
adequsty or in~d~quacy oi ths wlw of the prope+ty mortyaged or to the wlve~+cy or inwlvency of said MORTGAGOR or the defendants, ~nd th~t tuch
renn, p?ofitt, inconw, asues and r~venves ihall be applied by such Receiver accordinp to the lien or puity of said MORTCsAGEE ~nd the practiu of wch
Coutt.
8. To duly, promptly and fully perform, dscha?g~, e:ecute, effect, complete, complY with and abide by ~ach u+d ~very ths stipulatia~s, apr~nMts.
conditiom ard oovenann in aaid promissory ~ot~ and this mwtgage set fwth. '
9. That M ths event the owne?ship of the mwtgsyed premises, w sny part tFKreof, becnmes vest~d in a person other thsn the MORTGAGOR, tl+~
MORTGAGEE, In svcc~ssors and ~ssiyro, may, withwt no~ice to the MORTGAOR, deal with such sucuswr a woc~ssor in interat with fffN~nO! ro this
rttorty~ and the dcbt hertby setwed in fh~ aame maru~e? as with IAo.tgagor w~thout in ~~y way vitiaYug a d~uMryirg the Mort9ayon' li+bility her~-
under or upon tM debt Mreby aeaired. No sale of the premixs hereby mwtyaged and no fwbesnnce on the part of tM MORTGAGEE a in successon
or auipns u~d no txttnsion of tAe time fw the payment of the debt hereby securcd given by the MORiGAGEE w its successors w ~stigro, shall oper+te
ro rete~u, disdwrpt, rtwfiify cha~g~ or affect the orginal lisbility of the IWORTGAGOR herein, ~ither in whole o? in part.
10. It h specifically aprecd that time is of tM essence of this contred and th~t r+o waiver of ~ny obliy~tion haeunder or of ths oblipation sr
cursd Mr~by ~hall at ~ny tirns thereahK b~ held ro be a waiver of the terms hereof a of the instrument secured herby.
I1. In addition to th! forego:ng monthly payments of princ'pal and intercst required by the promissory note setured hereby, moripsgor cownants
an~ agrees to p~y ro morfyagee with each monthly paymcnt an additional sum estimated by mortgagee to be eqvsl to 1/12 of the ~nnual cost of the follow-
ing:
A-All real property tsxes levied w sssessed against the above dexribed real estate.
B-Premiums on fire and windstorm insurance as herein req~~red to be urried o~ the improvemenri situate on the above desaibed premises.
C-Premivms on such mortgaga qwranty inwrance as mortgsgee shall from t~me to time deem fit to ur.ry on the loan secured hereby.
~ Mortyagee sh~ll from time to time notify mwtgagor in w~iting of the amouM due and paysble hereunder and such svm shalt thereupon be due and ~
pzysble on the due date of the next monthly psyment and each successive month thereafter urtil mwtgagee shsll noGfy mortgagor of s chanp~ in wch
! amount. Sixh sums ahall bs applied by mortgagee toward the payment of real property taxes, inwrsnce prem:ums, and mortgage gwranty insurance t
premiums. ~
E IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and sesl the day ~nd y~~r fint sfwesaid.
~Sp ~d, S i ~d and •flvere h~ estnc~ of: ~
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n
STATE OF FLORIDA 1
courm oF St . Luc ie
eef„~ ,n~ p,,,o,,,uy ,ppe,,,ed E W Br adf ord .na ~
R8 b@ C C 8 J Bradf ord his wife, to me well known and known ro me to b~
rhe individwb desuibed in snd who exacuted the foregoirg instrumant, arK! adcnowl~a before me tMt they exewted the wme for the pwposes
rherei~.xa.~.a. ti,a~,.,.r Rebecea J. Bradford
w~fe of tlw ~aW W. Bradford sep~rste ~nd priv~t~
exeminatron by me taken sepsr~te and ~part from her said husband, atknowledged to and before me tMat she executed ssid instrument freely and volun-
rarily a~d without u+y compulsion, corutnint, appreFrons7on.~feu of w from her ~aid husb~nd.
WITNESS my hand and official sesl thi• ~ day of A. D. 19~_ ~
~
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" . Notsry Public in and for the St~te of florida at lu~e ~
~ , _ My Commiuion enpires: j
Fint F.a...i s.~~. a~~.«~.r-~ FtLEO ANO RECORDEB Note~r St Ez F~ 3:19~ i
~ Of Fort P~erce. COUN~• FU?• t~y ~om~:~+a?
~ vK.~e, F~o.~d, ST.RECORD VERIFIED ~e.e tY ~..K:~~~ F~. s. _,c~~~s~,~f~, .
152'753 ~
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. ~ ~y pH 2:5q _;~'~i~un~~~-`.'-
61 FE6 ~
Ras =-t L, ~ fl~:~
OGER F'~~T C~~R r:, ~ '
~LERK CIRCU17 T ~ ~I'~,,. •y1:> ~ ~
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