HomeMy WebLinkAbout2076 To pl~n and aonNnuovsly ke~p on tl+~ build~nps now w MreaftK utu~t~ on said iand snd on dl eqvipm~M ~nd pwson+lly cova~d by this morq~'
p~. with dl pr~e+lumf thKton p~~d in i~ll, iu~ irour~nc~ in tM uwal sundard policy fam, in • swn app~ov~d by tM MORTGAGEE, aed winchto~m
~n~ur~eKy In tM usw) pu~dard polity fwe4 in ~ swn ~pprov~d by tFw MORTGAGEE. in wcA comP~^r w conW+nie~ u tM MORTGAt3EE may i
dir~cq and dl fin ~nd wir~~onn inswancr policies on ~ny of N1d b1llWi~t. Nfy M11HH1 ~~Nfflfl Of Pifi 1FIHWI, in th~ +pyrpa~~ swn do~e~aid w ~
In ~xpq thN~of, ~11 conbin tFw ~wl standard marg~ cl~n~ o~ iuch o~her dauw u tM Mafpa~e~ may rpuw~. m+kie~p tM loss under said pd4 ;
cie~. ~ach and ~vay. paY~bl~ to s~id MORTGAGEE u in intNest may appsa~. and s+ch and ~very sucti poliq iMll b~ promplly ass:y~ed and d~livtr~d ro '
•ny Mld by aid MORTGAGEE a furthK secwiq to aid matyaye debt, and, nw less th~o t~n (10) d+ln in advanc~ of t!» expiration of ~ad~ policy. ro da
live~ ro~id MORTGAGEE ~ reMw~l thtnof, topetFwr with rece~pt for tM pn.nium oi sucA renewals and ~her~ ~MII b~ ~+o fin or wind:ram tewwnc~
plac~d on ~y of s~id b~ildin~, ~oy interat thK~in or put thereof, vnleu in tM fwm and with tM bu p+yabl~ u ~fa~ssW; and tn ~M ~vent ~ny aw~n
of mon~y b~tpnN pay~bl~ ~~l~t wch polky o~ pol~isisud.MORTGAGEE shall h~w tM option ro nc~iv~ +nd apply tM s+m~ a+ +cco~nl of tM iniMbt~d-
nau s~cw~d I~~bp w b pKn+it said MORTGAGORS fo reuiw and u~ it w any part thereof fw o~he~ pu~poses, wi~hout thereb~ waivi~~g w~mpab-
irq ~ny p~ity, li~n ot ripht wwJ~r a by virlw of this mortyspet +~d in the ~vent said MORTGAGORS shatl ta any nason f~il w keep ths uid premises w
fnaur~d, o~ fall b dtlivK promptly ~+y of ssid polickt of ins~nncs ro taid MORTGAGEE, or fail promptly to p+y fully +ny prtmium ther~for q in anr
rsspM f~il to pafor~, dischup~. txecut~, ~HM. complste. comply with u~d abide by thit cownant, o~ ~ny put Mnof, s~id MORTGAGEE m~y plaa ~nd
P+Y fa ~uch &~anc~ or any put tl+K~of withouf w~lvinp or ~ffectirg any option, Ikn. Wuity, w ~iyht vndsr w by virh+e of this Matpap~, and ths
full amount of ~ad~ and ~wry wch paymant shall be immediat~ly dw +nd payabl~ and shall bw interest from ~M dan ~ha.wf until paid ~t tM rat~ ol ~
nir» pK pntvm pK anrwm and topether with such interest shalt be secvred by ths lia+ of this nwrtyage. ~
To pamlt. aonwnit or suffa no wast~. Mnpairn~snt w detaioatan of said propert~r w u~y p+rt therwf.
5. To pay ~II ~nd s&g~lar th~ costs, th~ry~s and eapenses, irKludinp s reasaubk attaney i fe~ ~~d costs of ~bstrscn of titl~, incurr~d or paid d
any tim~ b~r uld MORTGAGEE, b~c~use w in the ~vent of tM failurs on ti+~ p~A d tM a+id MORTGAGOR to duly, promptly +nd fully ptr(orm, dixhaq~
•xecut~, ~Hed, oompk». aomply with ~nd ~bida by ~ach and every the stipulatio~s, agreemen~s, conditions, and oov~nanb of said promissory note and this
mortpap~ ~ny or Nt~a. and said costs, chuy~s and expenses, each snd ~very. sh+ll b~ Immsdi~t~ly due snd paysble: whether or not ther~ b~ notiq dr
m~nd. ~fMmpf t0 COIIKf Of WH p~~ngl ~d fh~ fvll ~mount of eath snd every ~uch payment ihall b~w inter~st froen the dats thaeof until p~id at tM
rete of ntrw p~r centwn pK amwmj ~nd all s~id cwts, chuges and expenses inewred a pald, together with such intentl, sh~ll b~ wa+~~d by ths li~n of thi~
b. iMt W In th~ ~wnt of aMr bnsch of this Mort9~pe or dafaul? on tM part of ths N10RTGAGOR, w(b) in tM went ~ny of Wtd swnf of mo+My
her~tn r~fNr~d to b~ not prompNy and fully p~id within thirty (30) days next afrer the same xver~lly become due and pay~bk, without demand or ~otics, i
or (c) In tM ~wnf ~ad~ ~nd ~wry the sKp~lations, agreemen». conditans and coven+nn of ia~d promiuory note ~nd Mis mortyp~ any ar sither art no1 :
~uly, promptlY and fully pMfwmed. discharged, execvt~d, effected, compl~ted, complied with ~nd ~bided by, t{an in ~itMr w+ny s~xh ~wnt tlN a~id q~ i
pr~y~t~ wm mN?tionad in said promiswry note than remaini~g unpaid, with inte~est atuued, u+d itl moneys ~etvrtd. her~by. ~h+ll bsoome dw ard p~y-
able forthwitly or tMrsaft~r, at th~ optan of said MORTGAGEE, ~s fully ~nd completely as ii all of the said sums of money were apinally stipvlated
ro b~ paid on wch day, any~hinp in said promissory noro a in this Mortyage to the contrsry notwi~hsund~np: snd therwpon a there+h~r at th~ option of
ssid AhORTGA(3EE, witF~ow not~ce a damand, s~it at I~w a in equiry, therefwe o? tMreafrer begun, m~y b~ pro~ecut~d u if all nwntys s~tvr~d Mr~by i
had rrwtur~d priot fo iri imtitution.
7. Thaf In fIN ~wnt thaf at th~ be9inning of or ~t ~ny time pendinp any wif upon this Mortgag~, d to fonclos~ h, w fo refam if, o~ to enforw
paym~r?t of ~ny d~ims ht?ew+d~r, said MORTGAGEE shall apply to tF?e Court having jwisdiction thcreof iw tM appointment of a Raceiwr, suck Court sMll
forthwMh ~ppoint i r~ceiv~r of si mortp~ped property +II and singvl~r, includ~np all snd singular the income, profits, isswt and rev~mxs from what~v~t
wurp d~riwd, eath ~nd ~v~ry o~whith, it b~inp expreuly underatood, is hereby mor~g~ged as if speci(iully set fwth ~nd dewibed In ths ~rantinp and
habenduen clauNS hereof, u~d wch Receiwr shall have sll the b?wd and effective functions and powen in anywise entrusted by ~ Carrf ty • Receivsr, and
such appointmtnt sh~ll b~ made by svch Cowt u~n admined eqvity and a m+tter of absolute rigM to said MORTGAGEE, and without reference to the
adpuscy a insd~qwcy oi N+e wlw of the property matgaged or to the sonrency or insolvency of wid MORTGAGOR or tM defendants. ~nd that wch
rent~, profita, i~can~, iuues and rwenues shsll b~ applied by such Receiver accwdinp to th~ lien w pviry of said MORTGAGEE u~d the practice of wch
CouA.
& To duly. ~r~r a~+a ~,iy P..fam, d-~c~ro., e:ecute, effec?, complet~, oomplY with snd sbids by ss~i~ ~+d ~very the sfipulatiaa, ~gr~ert~enri,
conditiora and toven~nb in s~id pran[ssory oote u~d thb mortgage set iorih. '
9. Th~t M tM ~wM the ownenhip of the mortg+ped premises, or any pan thereof, becomes veshd in a p~noe otiwr thsn tM NIORTGAGOR, tF+~
MORTGAGEE, Ns sutctssors ~nd auip~s, may, without notice to the MORTGAOR, deal with suth suttsawr w wtctssor in interest with r~fsrsate to this
mortp~ ~nd tM debt hertby secvr~d in fh~ same ma~ner as with Mortgsgw vrithout in sny way vitiat~g or disclwrginp the Mort9a~ors' liability h~r?
under or upon tM debt hereby secured. No sale of the premises hereby rtwrtgsged and no forbearsnte orc the p+A of th~ MORTGAGEE w iri suttesson
or aaipns and no eatension of the time for the payrn~nt of fhe debt hereby secured given by tF?e MORTGAGEE a in suconson or sssigns, sh~ll oper+t~ !
ro releae, dittharp~, modify th~nge or affect the orginal 1'~ability of the MORTGAGOR herein, eithcr in whole w ie p~t.
10. It b apecifiully agreed that tin+e b of the essence of this contrsct and tMt no waiver oi any obligstan herwnder or of tM oblipaYan se-
cvrsd Mreby shell ~t any time thereafier b~ hetd to be s waive~ of the terms hereof w of the instrument secured herby.
11. In addition to the fo~ o: mw~thl mrnts of rirx: al and interest r ui~ed the omi ~
e9 ~+9 Y PaY P P eq bY p uorY ~ote secured hereby. mortgagor oovenanb i
and agr~es to p~y ro morr9agee N~ith each monthly payment an add~rionsl aum estimated by mortgagee to be equal to 1/12 of the annwl cost of the follow-
~^9~
A-All resl property t~xes kvied w assessed against the above described real estate.
R-Premiums on firs and windstorm insurance as herein requ~red to be u~ried on the improvements sitwte on the ~bove dewibed premises.
C-Prtmiwns on wch morigsge ~uaranty insunnte as mortg~gee shall from time to time deem fit to urry on the loan setured hereby. ~
Mwt~~gee shsll from time to time notify morlgagor in writing of the amoum due and payable hereunder and suth wm shall thereupon be due and ~
( payable on ihe dve dsfe of the nexf nanihly payment snd each successive month thereafte? urtil mortgsgee shall ratify mortgagor of a changs in wch y
~ emount. Such sums thsll be applied by mortgsgee towsrd the payment of real property t~xes, inwrsnce prem:ums, and mortgage yuar~nty insurance
~ premiums. i
WITNESS WHEREOF, th~ said MORTGAGOR has hereunto tet his hand and seal the day snd yesr fint ~fwesaid.
SNI and d~ in tM presence of: ~ . {
3
n ;
n--n ;
~--n
STATE OF FLORIDA ~
courmoF St. Lucie
defon me p.nawlly appe~red T.nnn i e .TAmH s .nd ~
Ruth ~IAB .Tames ha wife, to me well krawa and known to me to b~ t
the individuals desuibsd in and who eaecuted tF~s foreyoin~ i~strument, and acknowledyed before me that they eaewted the san+e for the purposea
therein ~~cpresud. I4~d th~ s~+d Ruth Mae ~T~me s ~
W~r~ of y+. ..W Lonnie Jame s - „pon .,ep...te .~a priv.h ~
er.emin~tion b~ me tsken ~epuate and apart from !xr said husband, ~tke+owledged to aod before me that she execvted ssid i~ntrument freaty and vol~n~ ~
rarily ~+d without arry oomp~rbion, coratraint, appreheOrai~p[or iear of or from her said iwsband. ~
WITNESS my h~nd ud offici~l seal thia_~~a dsy of A. D. 19s~{~ i
~ - ~
Notsry P in and fo~ the State of Fbrida at Lu~ '
_ My ion •upi.es:
Retum Ta . Notary PubMC, ~tatY of llOrldA it C~?ge
fint F~der~l Savirgs i loan Association ::t~t~ Commission Ex ns Au 6 1a67
f F P r . I~l~ Y P~ ~6• .
O ort ~e ce. t•;: i~ ~3
r, _ 6onded By Amencan Surety C,o. of N. Y.
Fwt Pidte, fbrida • ~r, , ,
1 • ,
~i
• Q~~ v_YG Rll~q AND RECOROEO
Q' i:.: _ ST. I,UC1~ COUNTY. FL.A.
: O ~ ~ : = R~~QRO VERIFIEO
_ :
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~~/,,VO~ ..~..t Y'r~ ~L V ` O 1~• J 3 ty
' ~~ril~ ••JY~~.) .t'~ ~ +
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~:OG~i; ? ~
0(;R..S ;
~D~
j A CLERt( CIRCUIT COURT ~
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