HomeMy WebLinkAbout2554 To plao~ snd contiiwo~»ly kNp on tM buildinps now w I+ereafttr uwate on iafd land ~nd on dl equipmNM ~nd p~rwMlh? covN~d bl? thi~ ^arq' ~
p~, with ~II p~+iwm tl~twn p+id i~ fvll, fih te?sur~~c~ in th~ uswl st~ndard policy form, tn • swn approwd by tM MORiGAGEQ ~nd wind~torm E
Insvr~np in tM uswl ~and+?d po~~cY fa~n, in a svm +pprov~d by ~M 1NORTGACsEE, in such comp~ny a oomp~nia a tM MORTGAGEE nwr !
dirM~ and ~II fin and wi~twm imwana poticisa on ~~y of said hvildinps, ~ny in~~~ti1 thuein o~ p~~t Ilwrwf. in tM p~rp~t~ wm aior~wW a ~
In ~xpq tMr~of, ~MII aontaln th~ wwl st~ndud mort9ap~ claus~ w such otF?N cl~uw ~~s tM Ma~9apN maY rWu~n. m+ki^p tM lou wda s+id Pd}
ci~s. ~ad~ and ~vKy. p~Yabl~ b said MORTGAGEE p its interat reNy ~pp~ar. and sach and ~very wch policy shall b~ promptly ass:9~+~d a~d d~livK~d ro
sny Mld by wid MORTf3ACEE a furtha s~curity ro s~id mortp~ debt. and, not I~ss th~n t~n l10) days tn sdvanc~ of tM ~xpi.aYwo of ~ach policY. ~o d~- 4
liv~r 1o uid INORTGAfsEE • r~wal tMnof. wp~tlw~ with • nnipt fw the p.~mium o1 wch reoewalj ~~+d then sh~ll b~ oo fu~ w wind~to~m teuwanu 1
a
pl~ad on any of aW bi+ildirg~, ~ny intaat tMnin a put tF?Kwf. unlsu in tFN fonn and wi~h tM ioss p+ysbl~ as ~to~Kaid~ +nd G? tM ~v~n1 ~mr ~wn ~
of rtqr»y b~oomN p~y+bl~ wwM~ wd~ polity or politi~s said MORTGAGEE ih~ll Mw tiN opteon to ~~ttiw ud ~pply tM s~mt on ~ctow?1 of tM Gd~bted- ~
n~u wcw~d Iwnby a~o pt~mit s~id MORTGAGORS ~o rtoeiw snd us~ it a any part thereaf fa o~her pwposes. w~~hout thxeb~ waivinp a impa'n-
i~ ~nr p~rity. lie~ w ripht ~ndsr or by virtw oi this mortpa~et +~d in tF~t ~vent ~aid MORTGAGORS shaU fa ~ny reason isil ro ke+p tM s+id pranises w
insur~d. o~ fail b d~liwt promptly ~ny of taid politits of insura~+t~ ro s~id MORTGAGEE, a f~il ptomplN to paY fulty ~ny pr~n?ium tF?Hefor a in ~ny
r~spect fail b psrfw~n, d~scha?y~. awa+t~. ~ffM, compl~t~. complY wi~h ~nd ~bid~ by this covenant. or u?y p+rt.F~u~of. s+id MORTGAGEE m+y plac~ ~nd
paY fw wch irawanw a ~ny parf tM~wf without waivinp w ~ffeNinp any option, li~n, puiry, w righl ur~r or by virtue of this Mortyape, a~d tM :
tult ~naw~t of ~ad~ ~nd ~vKy auch payerwnt shall be ~~dwtey dw •~d P.y.bi..~,a an~n ~ u,t..est trom rl,. dar. ~h~~eof until p~id at th~ ~at~ ol ~
nin~ p~r pntum pK a~uwm and to~ther wifh such in~aest sh~li be secvred by tM litn of this marp+y~. ~
1, To pamlt, aoenrtdt or wffK no wast~. impairment or deteriwation of said propaty or any put thereof. ~
S. To p+y ~II and sinpula tM ooats, clwp~s and expen~ea, includinp a r~aaonsble ~ttorney's fee and cosri of sbstracts of titls, incv?r~d a p~id ~t '
any tinw by said MORTGACsEE, b~cavs~ w in tl» ~wnt of tM fsilure on th~ p~rt of tM said MORTGAGOR ~o du1Y. pwnP~~Y a^d fi+~~Y P~fam, d'K~+'Q~
•xecus~. ~ff~d, aomplNt. tornply with and ~bids b~r ~ach ~nd every the stipvlauor?s agreemenn, cond~~ions, ,nd oownann of wid promisswy not~ u~d this
mortpp~ any w tit1+K. a~d said costs, cMr~s a~d expe~ses, e~ch and every. sMll b~ imned'utely dus ~nd payablet w}~etMr o~ not ther~ b~ notioe dr
m~nd, ~thmpt ro oolbct w wlt ~~fingr and tM full anwvot of exh and awry wch payment shall bear int~r~st from iM date the~eof vntil paid at the
rat~ of nMw pK unfwn pN arxwrnt and ~II said oostt, ch~~p~s and e:penses intv~red or p~W, topether with suth Int~rNt, sh~ll b~ a~auad bp tM IiM of thp
mort~ap~.
6. 1'hN W in th~ went of any br~ach of this Mortg+y~ w defa~lt on tF+~ part of the MORTGAGOR, a(b) in tM ~w+?t ~ny of w~d wem of moMy
hersln nfKnd fo bs not pranptly u~d fully p~id within thirty (30) days r+ext after the same uvaally becomt dw ~nd p+yable. withouf dan+nd w nofit~,
or fe tM ~v~nt ~~th and ~wry fFr stipulations, agreemtnri, conditions and coven~nb of said promissory note and this mort9ap~ any or ~~~Mr ~n ~wl
~vly, p?omptly and fully p~rform~d. d~scMrged, exacuted. ~ff«ted. compl~ted, compl~ed w~th ~nd sbided by. tMn in ~ithu w ~ny such ewnt tiN s+id p~ i
preyat~ wm m~nYan~d in uid pranissory ratt tl+en remaininp ~npaid, with interest acuued, and all moneys aecvnd. Mr~by, sh~ll bemrr» dw ~nd p~y~
abl• futhwith, w fl+Kesft~r, ~t tM option of s~id N10RTGACaEE, u fully snd compteiely as i( ~II of the said sw~r of money vwre apinally sfipulat~d
to b~ p~id on wch day, anythinp in said pr«riissory note or in this Mwtgsge to tF?e contr~ry notw~thst~ndirq: and therwpa+ w theresh~r at tM optan of
•~td MORTCAGEE, without notip a demand, suit at I~w w in squity, therefore w thereafter begun, m~y b~ prosecut~d as if ~II montys Ncur~d Mr~by .
h~d matur~d p?i0r fo iri instifution. ~
7. TMf in tM ~v~nf th~t at tM b~ginniny of or st any time pendirg ~ny wit upo~ this Mortgage, or to foreclos~ it, w to nform h. or fo ~nfwp
payment of sny ddrru Mnunder. said MORTGAGEE sFNll apply to the Court having jurisd~ctan ~hereof fa tM appointment of a Reteive?. wd+ Court s1+d1
farthw}th ~ppoint a nceiv!? of sa~ morfqaped p?opertY all and singul~r, inciud~ng all and singulsr the incom~. profits, issws ~~d rewnues from whaf~wr
wurc~ d~riwd. eath ~nd ~v~ry o whith, it beinp txpressly ~nder:tood. is hereby mor~gaged u if tpetific~lly set forth snd d~scrib~d in thi prantinp and
habendum tl~wes I+ereof. and wch Rec~ivK shall Mve all the broad and eNective funct~ons and powers in anywise entrusttd by a Cou~t p ~ Reaiver. ~nd
•uch appointm~r?t shall b~ mad~ by wd~ Court u an ~dmitted equity and a m+tter of absolute ripht to ssid MORTGAGfE, and' without rtfertno~ ro tM
adsqcr~cy or in~d~qvacy of ths wlve of the properryl mwtpaged w to the sonrency or insolvency of said MORTGAGOR or the defendanq, and 1Mt such
remi, profits, incoen~, fuuN and nvem?es shsll be sppli~d by svch Receiver sccwding w the lien or puity of said MORTGAGEE u~d tM p~actia of such ~
Coun.
8. To duly, promptly and fully perform, discharye, execvte, effed, complete, comply with and abide by ead~ and wsry t!r sfipubY~o~a. ~yn~nts.
condirioea and oovenanh in s~id promiasory note and this mortgsye set fw~h. '
9. That in tM evsM the ownsrship of the mortgaqed premi~es. a any put thereof, bccomes vested i~ • p~rwn othsr NNn th~ MORTGAGOR, tFw
MORTGAGEE, iri succeswn ~nd aui~M, m~y, without notiea to the MORTGAOR, deal with such succ~ssor or Nxc~ssor in interest with r~fa~ to tha
mortyap~ and 1FN debt hertby seCUnd in tM same manner ~s with Mwtgagw without in any way vitiatinp w distMr~ing the Mwt~pors' li~bility htn-
undar or upon fh~ d~bt h~reby secured. No s~le of the premises hereby mo.tgaged and no forbearsnos on tM part of th~ MORiGAGEE a in waetso?s
or ~uiyns ~nd no txt~nsan of the tlme fw the payment.of the debt hereby secured given by the MORTGAGEE or in succeuws or assipna, shdl op~r~»
to relep~, disd~ary~, modify charg~ or affect the wiginal liabitiry of the MORTGAGOR herein, either in wFale a in part.
10. It b sp~cifiully apreed that time is of tM essN+ce of this contrsct and thst no w~iver of any oblig~tion hKeunder or of th~ oblipation sr
cvred Mrsby tMll at any tirrw tF~eaher be held to be a wsiver of the terms hereof w of the i~~~rument ~ecured Mrby.
11. In addition to the forego:ng monthly payments of princ'pal and interest rcquired by the promistory nole secured hereby, mortp+gor oown~nb +
and egrMS fo pay to mortgsyee with eath monthly payment an addirional sum estimated by mortgsgee to be equal to 1/14 of the annual tost of tM follow-
~n9~
A-AU real property taxes Irvied w assessed against the above deuribed real estate.
b-Arsmiurt?s on fire and windstwm inswanu as herein requ~red to be carried on the improvements situate o~ the ~bove desvibed premiqs. i
C-Premiums on such mortyay~ ywr~nty insurance as mongsgee shall from t~me to time deem fit to cury on the ban secured hereby. i
Mortype~ shsll from time to time notify mortgagor in writing of the amount due a~d payable hereunder and such sum sFmll thereupon b~ dw ~nd
payable on the due date of the next monthly psyment and sach svctessive month thereafter ur.til mwtgagee shall notify mortgagor of a chsnp~ (n wch
amou~t. Suth sums ahsll be applied by mortgagee toward the payment of real property taxes, insur~nce premtums, and mortgage puaranty insuranu -
premiums. ~
4 IN WITNE55 WHEREOF, tM aid MORTGAGOR hss hereunto set his Iwnd and seal the dey ~~d year fint afuesaid.
j S~a a deliwr in presence of: z
~ ~ n
~
° ~o
ATE OF fLOR1DA 1
courm oF St _ Lu~ ie i~
e~fwe m~ persa~+lly appsared G J Gri Qt and
Irene Crist his wife, ~o ~~n ~ a~a ~+o b.
the tndividwb desuibed in u~d wFa eaecuted the foregoinp instrvment, and acknowledged before me tMt they executed the ssme fw tt+s purposea
rherein .xa~a. Ma n,...=~ Irane Crist
wi~e of tM said C J. Cri s t - a sep+rate and privat~ i
exsmination by ms tsken sep+nte snd epart from her ssid husbsr+d, adcnowledged to and befwe me that she executed said iostrument freely and volu~r ;
~arily u~d witlw~A ~ny compulsion, caatwi~t, ~ppreF~ens~on, ~r feu of w from her said husband. L.~ j
WRNESS my hand ~nd official teal th' day of ~ A D. 19s~.[.~
~ ary Public in snd for the Stste of Florida at Luy~ ~
~ My Commisiioo ~xpires: t
Rewro ia. . ~ury PYb1iI. Sbt! ol f~Oridi at ~atgt i
; `
Fi~r F.d...~ s.~y. a t,o.~ ns.oa+tp~ (,p~aissioa Espira Sept. 23, 1965
Of For~ Pie.ce: : ~ ~ ~e.~.+ R. a c«..rr a.
Fwt Pierot. Fbrids ~ ~ : -
o. - _ _
FILED AND RECORDE , : : = : , =
ST. LUCIE COUN'~• FLA. - ~ ~ _
RECORD VER~FIED ~
1531'~~ ~ 'l ~
^ J. ••'f. ~ •
'61 MAR ?M
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i. • _ '
,:--~~~R~~s~*-~
CLERK CIRCUIT COURT j EOOK 1~~ pACE~~5~
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