HomeMy WebLinkAbout2961 , ~ , ~
To pba ~nd aonWKwvih? Iu~P on tM buiWinps now w Iw«afta ~inia?~ on ~a1d I~nd ~nd on ~Q ~quipn~M ~nd pKwndb oovand bl? thi~ maq' t
p~, wifh dl pnmiunM tl~~on paid in (~I~, tin i~suw~t~ in tiw uswl sNndud policy fwen. in • swe ap{xov~d bll ~MORTtM /NO~tT~s/1GE8 nuY
insw~na M 1M uwal at~ndard policl? form, h1 • swn approwd by tM MORTGAGEE. in wd~ con+P~^Y «~^P~^
d:nttt ~ ~II ~ N~ windt10~~1 iMWMp pO~iCiN O~ My Of Mif~ bINIdMQt. My k1fNM1 fllHfill Of pMt tIN~~OI, h t1N pp~~b iWn ~~~Nid Of
In uaa 11w~~of. ~II cant~in th~ uawl uandard mo.~papN cla~a~ a such aha da~ a tM Mortp~pe~ eMY ?Wuin. ro+ki~g th~ twi wdK said polE
cia, wcA ~nd wKy. WYsbh 1o MW MORTG/?GEE a iM intK~st may ~ppNr. and each snd wsry svch policy sl+all b~ praeptlp ~ss:yMd snd d~ltwred to
~ny Mld by ~aid MORTf3AGEE a funhK t~cwib ro saW mw~p+~ debt. +nd. na I~ss rh~n an (10) day~ In advanc~ of tM ~apkation of ~ad+ polieY, to d~
I~wr to ~aW MORTGAGEE ? n~wwsl tMrwf, top~tha with • ncNpt fot tM pnmium of wd+ r~w~l~ and tMn ~h+ll M eo fir~ w wind~torm insw+nc~
pl.c.d on wqr of s+W buiWkg~„ sey ioa.at tMrein a put ~h..wt, vnl~sf io tlw form a~+d with tM bss p~YabN s~ ~tons+idt and in tM ~vsru any wm
of mo~wy b~ooinM pnNW~ wwl~r wd~ pdkl? or polici~t said MORtGAGEE shall Iww rh~ optan to nc~iw ~+d ~pply tA~ ~ on ~ccount of tM M?d~bad~
nass s~cw~d hK~b~r o~ q pun+it said MORTWIGORS w naiw and us~ it a any part tF?~reof fw otFror pu~pwa. wi~hout ~hereb/ waiviop a imp+ir
iny any puitp. li~n or ?ipht w~d~r a bp vtrtw of tNs n+octp+p~t a+d in th~ ~veet wid MOR?GAGORS sMll for ~ny nasoa fail a ka~p the aid pr~+isa so
insund, a fail b d~livu Pra^WM ~^Y of said poliws of Mswana to said MORTGAGEE. or t•~i aomP~N ro wy fi+iN +~r w«~cuR? tlrntor a in ~ny
r~sp~ct fNl b p~rfonq, d'adar0~. ~x~a?t~. ~ff~ct. ca^Pl~t~. aomplY wirh ~nd abid~ by this oover~nt, a aoy p+?r M~wf. s+W MORTGAR:_E m+y p1+a +~+d
G+Y fa weh kawano~ w~r parl thK~of witAout w~ivinp a~ff~eNnp ~ehr eWion. ~Mn, pvitY• a ripht undu o~ by vlrh~ of tNs Mo?pp~. ~nd the
full aenounl of HeA and ~wry wd~ paYm~nt sh+ll b~ imn»diat~ly dw aed pryabl~ and ah+ll b~u intK~sl from th~ dab 1Mrwf untU p+W N th~ raN ol
nin~ ptr pntwn pM Wrwm u~d top~tMr with wth intenst shall b~ Ncv?sd by NM IiM of thh mOtt9p~.
1. To pMntt, aommb w wffK no wute. 1n+P~imKnt or detKiwation of s~id propaty or any pi?t thawf.
S. To p~y ~11 and siegular tM coaM. cFwqes +^d ~xp~ includirg ~ nasonabl~ ~tromer's fie snd aoaH of abatr~as of titl~, G+cwnd w paid ~t
~ny tirrw by s~id MORTGAGEE, b~ea~s~ w in tiw ~wnt of tM failw~ on th~ part of 1M said 1NORTGAGOR b duly. Ma+~+P~hl and fvty p~riara+. d'aehaeq~
~xecut~. ~fhd. oanpbt~. aomplr with and ~b~dt by e+ch u~d every ths stip~lations. +preements. conditiona. ~nd oownann of said promiuory ia» ~+d thk
mor?pp~ ~r o? ~i~hN~ Yf~ Mit~ OO~tf,r CM?~ ~ f7tpNqfs. Nth ~nd iWfy, sh+ll be immediat~ly due and payabter whe~h~. a not N~a~ ooti.~ d?
r»and, athenpt to aolbct w wM p~d'i+~p~ and th~ full ~nowN of s~ch ~nd ewry wch p+rmsnt iMll beu int~t hom tM d~t~ tMnof until p~ld at the
rare of nM» pK antwn p~r +nwms ~nd •II s+id aosts. char~s and expens~s inturred or paid. ~o~a~h.r with axh int~na~ shrU M Ntund by tM li~n of N~is
mort~+0~-
6. ih~t I~ th~ ~wnt of a~y bnath of this Mutpsp~ or defa~lt on the pat of the MORTGAGOR. or (b) in tM ~v~nt u?y of s~id auem of mon~y
henln nf~~d ro M not pranpty u~d fuly paid within ~hirty (30I days next after the sarrK sever+lly becarw dw ~nd pay+b~t. without d~mand w noHu.
o~ W In tlw ~wM ~ad~ ~nd way Me stiqrlations„ +9r~n~s, cond~tio~?s and coveewnn of said promasory oote and tA~s matpap~ ~ny or ~hMr ~n no1
ivly. P~~P~Y and fully perform~d, disch~rqed, execut~d, ~ffecrad comPleted, co^~Ptied with ~nd abided by. ~Mn in ~ithK or aoy such ~wm tM aaid a~
pr~qab ~wn en~ntiand in uid promissory not~ then rem~ininp w?p~id, with interest acuued, snd all moneys s~c~red. har~by. ~11 b~oan~ dw and p~M
•bl~ fonAwlNy o~ thKe~ft~r, ~t tM option of Nid MORTGAGEE, ~s f~llr ~nd compktely ~f if all of the said sw~ of mon~y vwr~ orpinally ~tipul~ttd
to b~ paid on wd+ d~y, anythlnp in s~id promiuory noh or in this Mwpape w the conrrsry non~rithstu+dinp; srw! tMr~upon a ther~aha at tM optan of
satd MORTGAOEE, without notio~ o? d~m+nd, wit st law a in equity, therefw~ or tMreaher be9un, nwy b~ proucubd as if all enoneya awnd h~nDy
had m~tvr~d priot to ita Inqitvtion.
TMt M~ th~ went that d tM ba~in+teg of or at ~ny time pending any wit upor+ this MortQay~, or to fonclow N, w to nform h. or to ~nfww
payment of ~ny dakna Mnynde?, uid MORTGAGEE shall apply to the Court Iwvie~g jw'adictan tMrwf fw tM appointment of a R~ceiwr, wch Court tMll
forthwith ~ppolnt s noeivM oi aI~ nartpaped prope?ry all and singvlar, includmg all and singular tl+~ intome, profits, issws and r~w~wes f~om whafWer
wuru d~rived. ~sch and wsry of which, it beinp ~xpreuly undentood, is hereby mortg~ged u if apec;fiully set iorth ~nd deavib~d fn thi prantinp aed
hsb~ndwn d~vNS herwf. and wch Reoeiwr shall Mw ~II tM bro+d and effective fvnctans and powtn in anywise entrustsd by ~ Covrt tp a Reaivu, ~nd
eucl+ ~ppoinlm~M sMll b~ mada by wth Court ~s an +dmitted equity and a m+tter of absoluts riyht ro said MORTGAGEE, ~ed witAout e~fer~nt~ to tM
~dpu~ty w tnad~qwcy o~ tM wlw of tht Properh morty+~ed w ro the sohrency or insolvency of said MORTGAGOR a tlw d~fsndana. and tlut such
renrs, profHs, inoome, iaues and r~venws shsll b~ applied by such Receiver accord~np to ths tien or pviry of said MORTGAGEE ~ad the practia of such
Court.
8. To duly, promptly ~nd fuily paform, diahsrpe, execvti, affact, complete, aomply with and ~bid~ by wd~ ~nd ~wry th~ sHpvl~tiom„ a~t~em~nts,
conditioeu and eo+?enanb in said pramksory not~ and this morty~yt set forth. ' .
9. ih~t M~th~ ~wnt tM ovvn~rship of the mort9+ped Premises, w sriy put tFrcreof, betomes vest~d M• p~non othsr than the MORTGAGOR, tlw
MORTGAGEE, 11s wcc~s~wa snd auiQm, may, without notice ro the MORTGAOR, desl with such wcc~sso? w~xc~ssw in ime?est wHh nferer~ ro this
mortg~ and th~ dtbt he?tby setv~ed in tiw same manner as with Nbrtgagw withovt in any wsy vitiati~g or diuh~ryinp the Mottpapors' liability her?
under or upon tM deM her~by secvred. No ade of tM premises hereby mortgsged and rw forb~arance on th~ put of tM MORTGAGEE w its sua~sson
or aui9ra and no ~xt~nsion of the time for the p+yment of the debt hereby secvred yiven by ths MORTGAGEE w ita wocsssors or assigns, ah+~~ opsr~t~
ro r~lea~, disch~rQ~, modify d~angs or affect tM wiyinal liabili~y of the MORTGAGOR heran, either in whole w in psrt.
1Q. If b specificslly ~pned that time is of ths euence of this co~tract snd th~t no waivN of any oblipation Mrwoder a of fh~ oblipation s~-
cured Mr~by aMll at any tin+~ tMrsafbr b~ hald ro be a w~iver of the t~rms hereof a of the instrument s~cur~d h~rby.
11. In addiYan to the fwego:ng monthly p~ymenrs of Rrinc:pat and imerest required by the promis~ory note secured hereby, maty~go? aownants
and syrees to pay to mort~a9ee with e+ch monthly payment an additional sum estimated by mortgapee to be equal to 1/12 of the annwl cost of the fdiow-
ing:
A-All ~eal property taxes Iwied or ~s~essed ~gainst tF+e above dewibed resl estate. . '
B-Premiums on fin and windstorm inswance as herein requ~red fo be urrrcd on the improvemenri sitwte on the sbove dewibed pra+nis~a.
~ C-Premiums on at?th mortp+~ ywranty insunnce as matgagee shall from time to time deem fit to prry on the loan secvred hereby.
j Mort~s~~e shsll from time ro time notify mwtgsgor Pn writing of tlx emount due and psyabk hereunder and such wm shall thereupon be dw ~nd
I payable on the due date of tM ~ext moe?thly payment and each successive month theresfter until matgsgee sl+~ll notify mortgagw of a chsrg~ in such !
~ emount. Such sums sh~ll b~ applied by mortpsgee toward the payment of re~l prop~rty taxes, insuranoe prem:ums, and moit9ape ~wranty intw~noe
premiums.
IN WITNESS WHEREOF, the a~id MORTGAGOR h+s hereunto set his hsnd and se+l tM day and year first afwesaid.
S~a ard ~d tM praeno~ of: r• , ~ ~
~
n ~
. o
STATE Of FLORIDA ~
courmr oF S t_ Luc ie
~~~~y Wi 1 1 i~m_ W H9rri s ~nd
H A 7 e 1 ~T H ar r i a his wife, w nns weu known .nd k„own to n+e ro b.
~he ind'nWwb d~svib~d in and who txewted ths forayoirg instrum~nt, and acknowledyed before m~ tMt they execvted tM wms fw the purposss
theretn ucprawd. Md th~ ~~i~ Hs~ ~al T~ ABrri a
wife of tM wid Wi 1 l i srm ja ~ AArri a ~ upw~ • aep~ret~ and priva»
exam:nation by me taka? separaN u~d ~part hom her said husband, aduwwtedped w ~nd beforo ms tl+at shs ~xewted said irottwnent fieely and volun-
rorfly and witho~rt any oompubion, ca+snaint, apprehension~ fex of or from her aid husband.
WtTNESS my h.nd .nd official ,.al rlws d.y of A D. 19~ ~
~
- ~
Notsry ' in ~rd fw the Ssa» of Horida at l~rps
' My Comm" ~xpirsK
Retwn tot • • <.;
F~n~ F.dad Sa~s i t,oan A•wc~anon ..~~~~~~t~ Notery PubNc. ltaM d lloride at l:a~s
p~~. _.~''`'t:Q~~ My Commission Expins Aud. 6, 1967
Fon Pi.ra. Florida O~• Bonded Sy Am~rican Surety Co. of N. ~
FILED ANO RECORDED ? ` ~ ~
ST. LUCIE COUNTY. FL.A- Q~t v~~- r~s
. RECORD VERIFIED _ ~~~..~z
- 3.4~3 ; °y ~ ~
~~:~7 =
~ '6T MAR I 0 PM 3: I q'`i~~;o ..:..Q.•~~o~``~~~
.
S3A~~- :
~
' ~`~~hK~~~:~~~`'~`
s'ZO:; t. n : •OITRAS
CLERK CIRCU{7 COURT d00K164 PAGE~~~
~ = ~ ~ ~ ~ - 1
_
-
_ ~ ~~R J:• r ;
~ ~ ~ ~ .
~ -
- ,