HomeMy WebLinkAbout2790 ri?IVlE l VliVl'r l V a7l'i~.rVndv 1~v~ a~r .
~ ~ FLORIDA '
• ' • • 1533 :1
TH1S M~itTC~GE. made ch~ 1~ dar ot , 19i_~.
dr D~srSr.~ett ~,d ~Q~h~ Bannatt~~~;
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~ F'C• ~el'C6 „ F'laida. ba+ansfar~c.lled MoccEaao~n+
~~_All-CraFt IndustriesL Inc. - - _..l,.
- - - . . baeioafca cslkd Morc~aac;
WITNESSETH: Ia coru;da.cian cf c6e pruxy~a) suaa ~ec wc ia cbe prooiiaorp nooc of eren daa 6erc~ricb La~ei?~afca
described, and for ocb~er valwbk cuosideracioa~, cl~e Moccaaao~cs do Irarb~ Eran6 buEaio. ~1. alita. r~i~e. rdaee, a ~vey ind
confirm ~nco Morcgaaee~ iu wccason and asi~nr foceocr. tbe folbwina de~cri6ed propat~, dtwa iti 3t. Lueie
Coaacy, Florida: r
I.at 13, Bloak l, Hunche Park, accordin~ to the Plat thereof_~s r~aorded -
in Plat Hook 10 Page 1$ o! the Pnblic ecorda of St. Lucie County, Flori.da
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~ RECpVED i IN PAYMEIITOPTAXd ~
~+r.~..
DUE ON ClASS'C' INT~NGIBIE PERSONAI PRarERTY~ ~ ~ ~ ~ ~ ~ ` '
<j ~ U PURSUANt TOCHAPTER 2072<, AC~TS OF t Wi. ~ L~CUM~NTa~~~ ~T~~~'~• ~_'_'`x
ROG p-:•~~ , Ci ~rk Cirtuit ~ z _ - _
~ c.:~,re ~ ~ ` r~-r~ '
C T1~ M. JAMES O `
~ as Acent f::-r U y,~ _ ~ 4~ Q3
St. tuci. Counh~ T Cotlec~or w ~ EQ1~IPTRC~LEk
~.15~'•33 .-~.?a ``n.._ - w_
T~~~ ~~H lI! i~d~lt'~ tbt OpKQ1Wtt~ If![E~ti3t~~ ~~~W[d1aACp' tbellLIItO 6t~04atOE O[ ttf a1l~lst
appercainiu~a and t6e reats. iawa and pro6a t6erei+f. aad akn al! bui{din~s, ucnctura and oclxr i~»pro~ancnta aow or herafcer
sinuu c6erwa. -
TO HAVE AND 'PO HOLD ia fee simple tbe sboare anaad and dacr~ed peemiia unw IKorcaaaee, ia sneoewocs aad assiani
forever. 'T6e Morcga~ lrcrebr oo~enaat wicb Matsaaee c~at c!~ u~e indefpabl~ uized od :aid 1wd ;n fee simple; c~u: ihe
Morcga~ors have fu11 po.rer aad lawf~rl ,ria6c w con~rep cbe a,ne in feean~
k~~~ afor~esaid; c}~ac ;c s6a11 bc lawrful fa: MorcE~Ea.
iu succcsson ind assi~s„ ac all timet PacaWr aad 9~ietlJr w mta npoo, 6dd. occup~ sad enjqr uid land and r~ery part chereof;
chac uid land 'u free from aU cncuo~branoes; clat tl~e Mo~tg~~oc~ will rnske ~ fnrther a~unnoa w perfat tbe fee simpk
citle w uid land in Mortgagee, ia succes+ors and suians, as may tea~onaWp ae ~+equic+ed; and cl~,c che Morcaaaors do ~ereby fullr
varranc che tick co said land aod every pnrt tlierrof snd ~.ill defend d~e ~ame aaairot t6e la~rful claims of all penons ~rhansoerer.
PROVIDED ALaD'AYS. that if the Mortgaaats shall: (1j Psr ~aW Mottaa~ee t6st certaiu~ prcmitsot~ aoa, ezecuted by tlxm
concurrently htre~vitb, in thc sum of ~r8• ~'lOii88llt~ one hwadred txeaty nine 8II~ ~~1~
(i~~l'Z'9~~ ssid sum beinb P~Y~~in moatblp inscatlments of t~zLl~i h~6,. the fiest installment due oa
rl,~ l~th d1y of,~~l , 296~_, and m additional iastallment w be pnid aa t~ 1Q~_d~y
of a~h succeed~,g o~o~d? cl~erafc~r ~or on cLe luc d~r of u,y s~ccaedia6 ~,wn~h rbicli 6ss no suc6 da~) uncil ssid swa lw ban
p~id in full ezcepc tbe final innallmenc shall be che bnlance due and (2) perform all tLe co~enaau and coaditioiu of said Pran-
is~ory note and anr cenewal. e:ceosion or modificacion chereof, u,d of chis•a~wrcgage, cl~en clus mataaae dad and ci~e aua uaced
hertby_sht11 ccx~r ar.,; bi null and void.
T6c Monaagor, fnrt6er covenaac and agree co and ~vic6 Morcgagee:
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1. To wr F~P~Ir c!k pcwapal and ocher sum: of money wrabk by vircue of said promasorr nou and of cba awrt6iE~-
2. 1'o pay all che tascs, as~nenu and encumbnnces of eveiy nacure no~? oa uid dacribed propaty, or t~thcrafoe~ mar ^
be k~icd or assessed ;
cba~pon. w+bm dne and payable, beforc chey becane deGnqurnc, and befoe+e any wterac atqchd"or aaY ~lq'
u incnrred and prompclr fwni~h Morcgaga ~rich proof of payment cherefor.
. 3. To phot and ooncinuo~lr ~eep. on cl~e build;n~s no,v or bereafcer sicuace on said had, 5re and rzandaa oo~eraEe ioruranoe
in an amounc of noc las cban c6e amouoc whicL mar fmm cime co cime be speci5ed by clu Manaagee, in such i+~wrancc ooo~pany
as may be appnu~ed by. Mat~sac. P~'u~ided. ho~.ever, cluc if Morc~agee s6a11 ac anr wne 6c ob6gaced to mainpin 6re and eua~xkd
eoven,ge intur~anee on said buildin~s, cbe Mongagon slutl bc escuxd from pe~formarice of thes obL'gatinn to tbe .aant of any suc6 " -
duplicace co~erage. All ;nsunnc~e policia of the I~longagon shall concain the usual standard mortEaaee clause makins the loss under
ssid policia payabk to Mortgaga as iu inta+at may appar; aad ~~err ~l, pol~cr a,d aU ~wals cbe~eof ~11 be p~ompdr deG~~d
to and hdd by Mostaaaee, togec}Kr rvicb a receipc for tbe pr~mium clxreoa, Morcgagoe sba11 have the right w adjusc .vich che
tOiUI'tf ~Dr IO~ Ulidt~ ~11r SUCJI ~K~, and a~y such adjuscmrnt shall be conclwive ~ tbe Morcgag~on. Morcgagee shall have che
righc to rrceire aad collecc a11 pmceods p~;d on any claim under any such pol;cy, to endorse che Morcgagon' wma to any check
or orher inscrumenc of paymenc, aad to apply such proceeds-ia paymenc of aoy amoun~ due under this morcgage and che nou secured
hereby and any e~paixs inewred by MortEagee in processing any clsim under any such poiicy. Mortgageee shalt pay to the Morc-
Ragon che balanee of the procc+eds, ;f any~ rrmain;ng afcer the aforaaid deduccions. Noch;na conainod herrin shall impair or
abnogace t!x right of tbt Mortgagors to procurc iiuuranoe from au agent or caupany of their ow~a aekction u provided in che insur-
ance law~s oi tbe Stau of Florida.
4.` To pay aU and tiaaular the cost~, c6araes aod e:penses, inciudiaa natsonabk atcorner's fees if rrfernd for colkccion w an
accon,oy noc a ularied employee of cbe Monaaaee, ,nd eosc of ~raea of cick, iacuned or paid ac a~ cime by Moresaaee
because of tbe failurr on che part of che Morcgagcxs w perform ~e co~diciau and eoverancs of uid promis~orr noa md of this
morcg:ae. .
f. To peonic, commic or w9~er ao ~rasce, impairmeac q~ decerioncior. o~ uid r.iopercy or my psn thereof. •~~eep and ma;n-
taia c6e sarne, ~nc)uding all build;ngs na+v or hmfur deuau oa uid prenwa, in aood coodieion and repair. and prompcly co make
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