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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~~~; . ~ 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 ~ ~ • ~ _ . _ ~ ~o . . . _ , _ ~ 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: . 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 ~ ~ G ~ ~ ~ ~ U ^ 0 R ~Y (c . 'l EL'CK~~~ ; ~?:r~ {S~ ; : ; - - _ _ _ - - .x : ~F- ~ .