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HomeMy WebLinkAbout0036 ! ' ` Ts pba and oon~Mwouab Iu~P on tM build~ ~ww a M~~attK ~ttwti on sa~d land ~nd on all eau~prn~w a~d PMwn~IN oo~wnd bl? N~M'"an~_ p~ wf1A ~p p~n~iwn~ 1Mreon pWd in iull, fW Mnwu?c~ in th~ ~swl sunda~d Pdkl? fan?, N• swe ~pprowd b1l ~~TGAGEE. and ~wM~d~taa~ Nwr~na in 11» uwd qandard polic~? fan4 In • ~wn ~pprowd b1? tl» MORTGAGEE. M wch aanP+~Y a~+~P+~ as th~ MORTGAGEE n~ ~nc4 N~d dl fin and windttoM+ Mwur~no~ policiea oe any of s~id buildinp~, a^Y kr~t thwNn a p~rt 1Mnof. in 1h~ pp~paN wm ~far~W or In ~aw 11wwf. ~MII ooMNn th~ ww1 q~nd~rd mo~yapM clw~ a wch atw~ dauw N?~ Ma~yap~t ~m+Y ~+4~~• ~~0 1M bw wda s~id polb cIM. ~ael1 M~d w~ey. WY~bM b s~id MORTGAGEE u ils intenst nwy ~pp~~?. and Nth and ~wry wd~ politl? sMll b~ P?anM~Y asqMd and d~fiwnd to any MW b~r s~W MWtTaAGEE a fwtMr Mwrib ro s~W matpapt dsbt. and nw leas tMn ao (to) d+ys in advaoa of th~ •xpkation of Nch po~icl?. to d~ (twr to aid NW~TGJ?GEE ~ n~wd th~wf. top~tMr with a rec«pR fw t!» pr«n~wn oi wch r~w~4 and tl~ shall M no Pu~ a windstorm Maw~no~ piaad on ~y d aid b~ildkq~„ sny intKat tMnin a put tFwriof. unles~ in fM fwm and with tM bss p~yaW~ as ~forNaldt and iri th~ ~wM ~ny wm of ~w»y b~ooinM payakM ui~ wd~ policy a polidN wid MORTGAGFE sh+ll Mw th~ option to noeiw and apply tF» ~ on aooount of tM M~d~bt~ ~ nas a~cw~d h~r~ o? b p~nnit ~W MORTG/WOitS ro naiw ond vs~ N w ~ny put' therwF for o~he~ purpos~a. withow tMeeb~ waivinp a~mp~M- tnp n?r ~4i?Np. ti~n a ~ipht ued~~ or by vktw of thb mo+tQ+pq arw! in th~ ~v~t ~a~d MORTGI?GORS sMll fa any nason f~il to k~p ~!w aid pnmi~ w 1n+und. a f~ll to ddivw P~~b +~f? of saW policHs of frourana to ~aid MORTGAGEE. or fail pranpty to pay fulN +~Y P~M^„+~^ t!?u~for a in ~ny r~p~c! fail b p~rfianl, di~ch~. ~scul~ ~fhct. oanPl~t~. camplY wUh ~+~d ~bid~ by th4 oown+M, or +~Y Put ht~wf. ad NIORTGAGEE m~y pl~a and ~ WY fa wd~ Imw~ or a~? p~rt tMnof witAout walvinp a aff~ctlnQ +M aP~ion. ~Mn. ~Vult11• a?ipM w~ a by virtw of this Mortpp~. ~nd th~ full anwiwq oi wch ~nd wrry wch p.y~N sMll b~ in+»diately dw .and p~Yabb ~nd sMl1 bsu tnta?~at from th~ dab thKwf until paid at th~ raN of ~ nin~ p~? antwn pK a~r~w~ and wy~tha with wth HiMr~st-a1a1Lb~ s~cvrd by tM liw~ of tNt nwtlp~pt. : 4. To p~nniy aomn~tt a wff~r ew waste. lmpakm~nt a d~tsrior+tion of said propury a any paA tlw~of- - i s. To pqr ~II and ~gul+r ~h. oos~s. c1w9.. +nd •xp~a.~, indu~g a ro,soo.bl. anuney'• f.. and oosn of •bsnsas of Hr1., a+axr.d a pafd N ~ sny Nnw by Nid MORTGAGfE. b~uu~ a in th~ ~wef of the hilw~ on tlr p~rt of tAe uk! MORTGACaOR to duly. P~P~~Y and fvlly p~rfarnn. d~s~u9R ~x~wt~. ~ff~d. tamPbM. aomplY with ~nd ~bidt by txh ~nd evM? tM stipulationa, ~pre~nsn~s. caditwna. and oown+nb of s+id p~omissorl? ~ot~ and thi~ ; +~+aro+0~ ~11 Or ~il11M. and Mkl oOaM. tMtO~a and t~s. Nth and tvKy. shill b~ imeNdiateyl dus ~nd paylWtt wh~fhs? p nW tMn b~ notiq f!? ti m+nd. •n~mM w aoll.a or w» p.n~npr and N+. full a~oown of esch .nd ewry wch p.ym.m sh+11 beu i~r.r.a fran ~M d.n th.:.of vntil p~Id ~t th~ : r~t~ of nirr pK ae~twn p~r ~nwms .ad ~II s~id ow~s. ch+rye+ +^d exPense+ ina+rnd or psid. topether with wd~ Inta~q. ~II b~ wcw~d bY thi li~n of 1hN f mortOpw _ - i b. ?hN W in th~ ~wn1 of ~r M~ach of N?is Mor~pape or defwh on Nr put of th~ MOR*GAGOR. or (b) tn tM ~wnt ~ny of ia~d wrta of nwn~y Mr~tn r~f~md to b~ not promptyr ~nd fully p~id withFl~y'f~t-days-n~xr-after th~-swn~ ~ever+~hr b~can~ dw- a rwNc~. or (d (a tM wMt each and wwy th~ stipulatiaw +0~~~^M, ca+ditio~s and aowmna of s+id promissory not~ ud Mis nwrp+~ +nY w~ithu ari iiat--~- iu~Y. P~b +^d ~~h? P~~Md. d'wd~+~yed• ~x~tuNd. ~ffsctad. completad. aoenp~ied with a~d abided ry. tMn in ~itlw or ~ny wd~ w~t?t t1N s~W ~ p?pab t~NU nNntiorwJ h s~id promissory not~ then ramain'~^D unP+id. with int~rest acuved. and a!1 ma~tys s~tw~d. F~u~by. sh~ll beeome dw ~td p~Y' abb fathwitl4 a tMnafb~. at fh~ option of s+id MORTGAGEE, a fvlly and campl~tely u H ~II of tM ssid wms of morny w~n aipin~lly qipyl~ad ro b~ psid on wch daY. +~1rtNnp in said pran'~s~ory iw» or tn this Mwtp+~e w tM aonnary n~twitMtu+dinps +~+d tMnupa~ a thsr~aft~ at tl» option of aW IYWRTGAGfE. without notia or dMUnd, w~t ~t Iaw or In puiry, ~herafon or tlwrsaha bpww, nwr b~ pra~ecin~d a if ~II mon~y~ Na+nd Mnby Md nwtur~d priot fo itt Irotitvtion. . 7. Th~t b t11~ ewwt th~t at the b~pinnirg of a~ at ~ny tun~ pMdirg any wit ~pon tNs Mo.t~ay~, a to fondo~ k, or to nfarn H, or to ~niwp WY~ of any daima lw~~x~dar. said MORTCsl1GEE sMll apply to tM Court havir~p jwisdictan therwf fw the appointm~nt of a R~cdvN. wch Court aMll fvthwilh ~pppirtt a ncdvw pf ~ morlpaQed propKty dl and sinpulat, intlud~r~y sll ~nd sinpvla? tM inoorne. p?oiita. iuwa and r~wrw~s frwn wF~+t~vK wuro~ d~rlwd. wch ~nd ~~wry which. h b~inp ~xpressly ~xidersrood, is hereby m«tgaged a if spaeifically ~et forth and dacribad fn Mi pr~nfinp a+d Mbendum cla~na h~twf. ind sueh Rsa~iwr sh~ll haw all tM bwd ~nd effectiw fw+ctioro ~nd powers in ~mrwise enm?sted by a Cowt p ~ Reajva. ~nd ~,Kh ippa~tn~nt sF~ad be mnM by wd+ Gourl ~t ~n adm;tted eqvity ~nd ~ m~tta of absolvte rigAt to wid MORTGAGEE, ad without nf~r~na 1o tl» ~dpu~cy p inadrquacy of Nw valw oi ~M p?operty mor~p+ped or to the wlvtncy a insolwncy of s~id MORiGAGOR or tM defend~nta, ud th+t s~+ch nnM, profHs. Mcome, kaws and r~vMU~s aha8 b~ applied by wcb A~oeiver acoordirg ro rhe lien or puiry of said MORTGAGEE and tM pn~tia of w~h Court. - Q. To duly. W'anWh? ~rd fvpy p~rform. dariW?9~• execure, sffect. comptet~, canplY with and ~bid~ by Wch and ws~y th~ stipulaNoro. +pn~n~n1~, condNio~s .nd aovseNnn in said p~n+hsory ea• and tha mony~y. set farth. ' i 9. Th~t M tl+~ wN+t th~ orvrNrsldp of th~ morqaped promi~es. w uiy part ttweof, beoonNS wstd in a p~rwn other tMn tlr MORTGAGOR. th~ ~ MOR'fW?GEE. its wwaas a+d aa'~S, msy, wifhout ratics ro tM MORTGAOR, dsal wi~h :vch suouasoa a iuoo~swr in i~?tenst with reter~ to thh mort~p~ and the d~b1 lwnby secund b tM sam~ mamer a with Mwtysy« wi~hout in aey way vitiatiop w d'ach~roirg tl+~ Morty~pors' qability iwr? ' undK w ypon th~ debt h~nby secwed No ssk of th~ premises hereby mort9sgad and no fabeswen on th~ put of th~ 1NORTGAGEE o? ifa woassors ~ or usipns and no ~xt~enion of tM tkne fw the payment of the debt hereby secvred y'~ven bp the MORTGAGEE a its sucasson a utipns. ah+ll opaaN s ro rN~a~, difcMrp~, modify ch~np~ or affec! the wiyin+l liabiliy of th~ AII~RTGAGOR herein, eithe~ in whole o? ln put. i ta It is sp.dfkaly proed M~.t rim. b of rh. esience of rhis ao~arac~ and rh.t no watwr of any oblipatan h.reunde? or of th. obtip+tion k- ; wnd Mr~by ~hall at ~ny Nm~ tMreafNr b~ held to ba a waivar of the tereru hsrwf a of tl~e Gntrumeet s~a?~~d hab~r. i k 11. In additan to the for~yo:ny monthly psymenb of princ:pal and interest requKed by the prom~ssory note secwed hereby, morqs~w eoweu+ts i ~nd aprNS ro pay to nwrtpagee with ~ad~ monthly psyma+t an addiriwul wm estimated by mortgapee to b~ eq~r+l to 1/12 of the annwl tost of th~ follow• ~ inp; t A-All r~al propKtjt t~xes levied a assessed syainst the above described real estste. ~ b-Pr~miurtK on fin and windttorm iiuwanc~ as here+n requued w be ur~ied on the improvemenn sitwte on ths ~bove dacr~ed pnenf~ea. C-Praniums en wd~ mortp~ pusr+nty iawraeoe u mwtgage~ shall from Y~me to time dcem fit ro urry on ths ban ~ecvr~d Mreby. i, Allortpsp~e sFull han tun~ to time notify mortg+gw in writ;ny of the amount due snd payable herew~der and wch wm sMtl there~rpon b~ dw and paYable on the dw da» of th~ next moothlY p~Yment and each suaessive moeth theresher until mwt9sgee sh+lt notiiy mortgagw of a d~an~ in such ~mount. Such wms shall b~ applied by mwtqsgee towud the payment of real prop~rty taxes, inwrance prem:vms, and mortQsp~ ywraM~? insvuna W~ IN WRNESS WHEREOF, th~ said MORTCsAGOR has hereunto aet his hand snd ~sl tM d~y and y~u first afaaald. - Sfpme{, Swb and dtli r~d in th pr~w+xt of: _ ,r _ ~ ,~.c'c-.J n , ,s..q ~ - - rs..q - STATE OF FLORIOA 1 ~ St _ Luc ie 1~ e.t«, o,~ p,,,,,Miy,~.,,,d Johnnie Horton .~d C=1 ad~ s Well s Horton M,;{e, ,o e,. n,e~~ k~wwn .ed keo+~n, 1o a» w b. } rh~ In~vidwb daaib~d in ~nd who ~xsa,t~d the• forpoirg irutru~wm, and ~ckrwwledped b~fon me th~t theY ex~a,ted the wms fw ths pu~poses ~h ~ ~ „~e C=1 adga Wella Hor .nn wtf• d th~ wid Tphnni e Rerten - , upon . s.pawre and prt~rat~ . ex~rninMio~ b~i n» takan wp~at~ and ~part kom her said Mrsband. ~cknowled~ed w+nd b~fon m~ that shs exewred ssid irotnxnem freely ~nd wlurr : tarily ~nd withwrl an? aa~uhfon, ooratr+ht, ap~x~haaior~t hx of a from h~r wid huab~nd. fi~~ j, WIiNESS my Iwd and offici~l ~f this /E? day of /1. D. 19 ~ ; Notary PubP ~rd for th~ State of Horid~ at L~ry~ - . Mp ~•1W°~« :~~tj.`.~` Natery PubNc. ~tefa of fforlda at larg~ i f~a F~d~r.l ~vk~ i t~oan Aawciatwn ```~~~nNtitaf; . My Commission Expirts Au6. 6, 1667. Of Fon P~e.c.. A I1 Bonded Qy American Surety Co. of N. Y. Fort P~rc~ Florida ~~•`~0~••••'{ l~•`/~ e . FI~EO ANO RECORD D ~.a. ~ Q~ o~'••~.~+s - ST. UCIE COUNTY . i~'-~ f::~~ . , R~CORO VERIFI~ : = ~ - ~ 1535Q3 Ac ~ b : = = ' - _ . -Z-~- _ ~ • = '6~ • MAR I 3 PM ~ 3 Z~ j'•-_ • f~~;' ' :~~70•••..... ~C . `'.i~ • ~~:~~~fs. CTe~~vO~`~~ . -t„~. ~~~%::~ili::l~~~~ sti0ti~t~ i'OITR~$ CLERK CIRCUIT COURT _ 4-~ 8~~~ ~ ~ ~ ~ t - ~ - - . . ~ . r. ~.M„ , : . _ . , ~~,~t~ ~ ~ ~U, r