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HomeMy WebLinkAbout1997 , 3 . • ~ ; , i . S. To pl~cy ~nd oontimwwy kNp on tiN b~iidieqs iaw a lwr~aha ~itw» on ~aM I~nd ~nd on aU p~ipn~n~ ud p~nomtly oowr~d by M4 maq~ ~y~. wilh ~U pnmiwm tlw~~on p~M ie? fu11, fi» tmuranc~ in th~ vwat s~udard policy form. i~+ • sum ap{xowd by th~ MORTGA~3EE. end wind~torm irow~np M tM v~wl at~ndwd pol~cy fa~n, in a wm ~pprw~d by ~h~ MORTGAGEE. in wch cort~p~ny w ta~?ia~ q tM 1NORTWIGEE may d~r~ct~ ~~11 fin and wind~wnn i~w~e polici~s on any of said bviid+'eqt, any Jn~erest tlw+ein w put tMnof. in th~ ~eyaq swn afor~id a, tn ~xoNS thKwf, ~lall aor+tain tF» wwl u~ndad morbspe~ dau~ w wd+ ah.r c1w~. a ~M Maroa~.. m.y ?pvin. m~kieg tl~ loss wid~r said po1F da. ~+d+ ud ~rary. p~Y+bl~ w wW MpRTGAGEE as 'its tnterest en~y sppH?, and each and every such poticy shall b• p~omprly aa:q~ed and d•Ijwr.d a •rty I»Id by a~td MORTGAGEE a fwiMr ~evrity ro ~ald m«rysy~ deb~. and. rwt I~a tlwo ~~e q0) dayt io advaec~ of tM ~upir~tion of ~ach poliey. w eir ~iw+ 1o wW MORTGAGEE • r~w~l Ma~of. top~tMr with ~ reuipt for tM p~miwn of tuch ra~ew~l~ and tM~e slwll b~ ne fu~ or w(nd~~am inwranu pl~o~d on +ny of wid buildieg~ sny int~t tha~in or part thN~of, vnks~ 1o the fwm and with tM loss payable a~ta~ialdi u~d in tM ~wM ~ny sum of ^aewY b~ooma p~y+bb w~dw wch polky a polici~s s~fd MORTGAGEE sMll h~w ~Iw optan to rec~iw and spply th~ s+m~ on +aount of tM ind~bted~ ness Ntw~d I+K~by ot ~o pumit said MORTG/lGORS ro nceiw u~d u~ N a ~ny part thereof fw othe~ pwpotes, witlaut tharcby wairinp w bnpah- j^Q ~^Y ~4~+~tY. ~ a ri0hf w~ a bY ~4~w of this matpap~: and in tM ~wat said MORTGAGORS sMll fa sny nason f~i) to ka~p the said pranises w insurad, or fall ro d~liwr promp~lY ~y of wid polici~s of inwru+a to s~id MORTGAGEE, w f~i1 aomp~ly ~o wy futly •ny pr.m~w,n the~e(w o. in aey rrswct f~lf b OKfonn, d~scharye, ~~c~cut~ ~ff~ct. aompl~t~. carnplY with and abid~ by tlw eownant, dr ~ny put her~of, wid MORTGAGEE m~y place and WY auch in~uranc~ a anY P+N tha~of without walvinp or ~ffecHnp anY oP~~on. li~n. puity. a riph~ w+d~r a by virtw ~f this Mort9~. ~nd tlK fuU amou~u of ~ath and ~vuy sud~ p~ym~M shalt b~ i~rnedi~tdy dw ~nd p~y~bl~ ~nd sh~M beK intKeu from t!M dat~ tMreof votil psid at th~ rat~ 01 nin~ pK qntwn p~r arywm and topelher with svch interest sMll be secwed by tFN 1'~N? of this moti~ap~. ~ 1. To Pamit, aomnit a wffw no wut~, imP+irmMt w detKior~tan of ~aid properry or any put tlwwf. 5. To p~y all and sinp~lar ths coay, eh~rpe~ and expenseb ie+cludinq a ~essoMble ~ttwney i fa~ and oosn of ibstr~cts of Htle. ~cwr~d w p~id at ~ +nY tinw by a~id MORTGACaEE, b~cws~ a in th~ ewni of tM faituro o~ tM p~K of th~ aaW MORTGAGOR to duly, promptly ~nd fully paform, dischar~, { •xecvt~, ~ffed, owoptN~, aomply with and ~b~de by ~sch and ~very ths stipulations, ap~e~ments, conditiont ~nd cown~nb of said p~omisfory not~ and this ~ n+o~~0+p~ ~ny or ~itl~, u?d s+id eosts. chupea and sxpM?ses, each u?d ewry. ~h+ll b~ imiwediatsty d~?e ud piyabbt wMt1w or no~ ther~ be r.otioe d? 1 mand. ~tMmp1 to oplbct a tury ~rgt ~nd tM full anwunt of esch and rwry such payment ~hsll beu inter~st fran tM dale thersof ~nNl paid at th~ ~ r~te of e~G~ pK oentum Ptr +mwm: u?d sN said oous. charpes and exuenses incwr~d o? p+id. tog~~her with axh intemt, sh~ll b~ ~cund by tM IMe of tl~ ~ mwtp+Dw 6~. Th+t W in th~ ewnt of any br~ad~ of thb Mwtpap~ or d~f~vll on th~ paA of the MORTGAGOR, w(b) i~ t!w wMt any of said sums of ma~y Mnin nf~rnd to b~ not pre,nptly ~nd fuly paid within thi~ty (30) dsys naxt afte? the s+me ~everally b~ceen~ du~ and p~ysbk, wi~hout dsm~nd w~?oYrct, or (d tn th~ ~wnt ~ach ~~d every tM ttipulatio~p„ ~yreements. cwxlitions ~ed aovensnb of said promissory note and this mortp~ ~ny or eithsr ars not iuly, promptly and fully pKfwm~d, disd?uged, execvted, ~ffected, completad, cornplad with Md ab'ded ~ay, tMn in ~itMr w anv such ~w~?t th~ said s~ prpata wm m~ntiaNd in s~id promiuory note fhtr? remaininp ~npaid, with intuest acuued. u~d all mo~eys sscw~d. herebY. sh+tl baoon» dw and pay~ - u ab1• fwthwith, or thKeafta, ~t tM option of said MORTGAGEE, u fully ard comple~ely +s if all of the said wma of moeey were «~pina~y snpv?atsd to t» paid on tuch daY. +~YtNnp in sad Promi~Y ~ote or tn tha Mwtyaye to ths contrary notwithsUndinp: ~nd tMreupon or tha?eah~r at tM option of •~id MORTWIGEE, withovt notia w d~mand, suit at law or in pvity, therefae u ths~eafter bepwy e»~y b~ prpacut~d u if all ma~tys Ncund iwreby had matw~d ptiot to iM institution. 7. Th~t in tIw ~v~nt thst at th~ beyinninp of w st any time peoding ~ny s~it upon this Mort~~ge, ot to fpnc{os~ if, w to reform it, w to ~hfo?a P+Y^~?~ oE MY d+ims hK~unde?, s+id MORTGAGEE shatt apply to the Covn havi~ jv~isd~ction thersof fa th~ appoietment of a Receiwr, such Coun shall forthwirh ~pppint s nc~iver of sai~ mwtpaped prop~rty a~~ and :ingvls~, inttud~ng all and iingular the inmrr~, profits, issws u~d rewnues ftom wfi~t~vK toures d~riwd. tad~ Md ~very o~ which, it beinp expressly under:food. is hereby mortgaged as if specificatty srt fath and de~cribed in the qra~rinp and habenarrn dawes her~of, and such RKehrsr sMll have ~II tF+e broad and effective funct~oni a~d powers in ~nywise entnnted by ~ Gourt tp a Receiver, and ~uch ~ppointmtnt aMII b~ m~ds by wch Cowt as ~n admined equity and a m~tter of absolute riyht to s~id MORTGAGEE, and without nierenct ro tl+~ ad~q~~cy or i~sd~quacy pf the wlw af rhe property mor~yaged or to the wlvency or insolvency of said MORTGAGOR a th~ defendams, and tMt svch renn. profits, L~oprw. issws ~nd rovenues shall b~ spplied by such Receiver accordinp w tM lien w equity of said MORTGAGEE a~d the pradic~ of such ~ Covrt. i 8. To duly, pranptty and futy perform, discharye, execvte. eHect, cornptete, comply nrirh ~nd abide by saci~ and ~vNy t!N stip~latiora, apre~ets, i conditions and coven~ey in uid prpnbsory note and this mort9age set forth. ~ 9. TMt In fM ~vant th~ owrNrship of the ^wrt9+8~ P?~~s, w sriy psrt thereof. beoomes vest~d in a p~non Wher thsn N~e MORTGAGOR, 1M ' MORTGAGEE, its wooeawrs u~d au;prq, msy, without notice to the MORTGAOR, de+l with svch wcc~uor or sucpa~or in ;nterat with rtferer~ to thb ~ mortya~ and tM debt i~ertby secur~d in ths sams manrxr as with Mortgagw withovt in ~ny w~y vitittinp or diacMr~irq the Mort~a9ors' li~bility F~r~- ~ under or upon tl,~ debt hereby secwed. No sale of the premixs hereby morrgsged ~~,d no fabearance on ~he part of tM MORTGAGEE or ib avcuuon or assipre~ a~d no extension of th~ tlme for the f payment of the dcbf hereby secu.ed. yiven by the MORTGAGEE w its succe:sors or au',pr?s, shdl operat~ ta release, discharpt modiiy chan~e or affect the wiginal I'wbility of the 1NORTGAGOR herein, either in wF?ole w i~ p~rt. . 10. It b specifiully apreed tMt tune is of tha euence of this contract and thst no waiva of any obli~ation hereunder q of tl» oblipation se- cv~sd Mnby sMll ar any tL+w rhsre•frsr b~ held ro be a waive. of rhe terms hereof o. of rh~ ir~stnrment secured h~rby- 11. In addition to the forego:ng montl?lY paYments of prir?t pat and int~rest required by the promissory nore tetured hereby, mortpsgor cownan» a~d agnes to p~y to moAya9ee with esch monthly payment ~n additional sum estimated by mortgsgee~to be equal w 1/12 of the aru?wl cost of the follow- ing: A-AN real property hxes kvied or assessed egainsr the above desaibed rea! estate. B-Aremiums on fin ~nd windstwm insurance as herein requ~red to be urried on the improvemenri situate on the ~bove desuibed premisss. ~-Premiums o~ such mortgsg~ ywranty insurance as mortgagee shs11 from time to time dcem fit to urry on the loan secured hereby. Mortysge~ sh~l! from time to time notify mwtgagor in writing of the amarm dve and payabte Ixrcunder and such wm shall Nxrevpon be dus and payible on ths due date of the next monthly psymeM and each svccessive month thereafte? urtil mortgagee shaN notify mortgagor of a charqs in wch amouM. Such sums slull be ~pplied by mortgagee foward the payment of real property ta~ees, insurance prem:umt, snd mort~~ge guu~nty inwraoce premivms. IN WITNESS WHEREOF, tM said MORTGAGOR has he?evnto set his hand and seal the day and y~~r Rnt afor~ssid. Sipm S~abd u?d d red ' 1+~ p?esa~q of: _ , ~ •n ~ •n ~-n K--n ATE OF FLORIDA ~ St. Lucie u- ~ courrtY oF e.fo.. w..«W~h ,pp.,.ea Ha rry S Ha rdman Bet .B M_ Hgr[LmAn his wifc, to me well known and known to me ro b~ : the tnd'ividwb dexribed in ~~nd who ~xecuted the fweyoinp instrwna+4 ~nd sdcnowleclped before m~ that they exeu?ted the sarne for the purposes ?~•~~+.~..~.a. ti,a ~ Bette M. Hardman wife o~ ,,,a Harrv S H~rdman ~ , ~,ta ~ examinaYan bp ms taken stparste snd spart from her said husbantl, stlcrqwledged tp ~nd ~f~ ~ that she ezecuted said i~utrumem frsely snd v~olun. taril and rvitlqyf a u Y ~1? ~~P~?~~. ~straint. +ppreM~nion, or fea of or from her said husband. W~k~ ~^1~ ~^d a~d offkid se+~ ~ day of ebruar A D. 19~ Notsry Publk in for the Stafe of Florid~ ~t larye - N?y c~~ .~.s: 9- .Z 3-!o q aa~, r~ , F~.n wd..,i s,yr,~ a?oy+ w~«Nr~ :.t Not~r Publ'ic. State of Flaid~ at L+rqe ~ OROED ~ ~ ; f~ ,,ly Co~~ ~ i96~i FIL~ ' • : ST. LOC . RLA. - 4' F c~ • ~ w ~..r.~ r:. a c....r. a. RECO 0 VERIFIED v : ~ - ' : - • , ~ - - : ..i.~-= : . . - ' j : ' ~ : ; _1 '6Z FE8 ! 7 PN 3=' ! ~ J ~ : . 0 ' 152;82p - . ~ = . i ~p;;L? ~ O~TRnS CLERK CIRCUIT COURT BOOK164 ~~E1995 ~ , - - - - _ . - - _ ~ _ _ _ ~ .