HomeMy WebLinkAbout0132 .1. TO pli0~ N1d OOf1f~IN10Yf~r kMP ql thf bVIMil1~! f10W OI MlNfllf ~IfWN 0~1 NW IMI~ iM~ 01~ aIl ~qtliptMM pl~ ~~M OOrN~ bY ~~MO~q'
q4 with all pnnaunM thK~oe~ p~id in fvll. fi?~ Mqur~ntt in tlw ~wal sundard polky twm. in • wn+ apptowd bfl th~ MORTGAGEE. and wind~ta~n
Mwtarct in t!w ~w+l t~u~dud pol3cy for~4 tn • wn? approwd bY tht MORTGI?GEE. in wd~ ca*P+^Y a~P+~~ a th~ MORTGARiEE m+y
dh~cti ~nd ~II fin and windatorm iiawaea polk~ss oe any of Nid bvild'wp~, any inNnst tMrein a part thKwf, in th~ app.paq a~ ~foraaid a
In ~xa~s tMnof. tMll contah tM wwl st~nd~cd nartys~e~ dws~ a svch aha davH a ~M Mapape~ may nquin. ~kinp tM loa w~ uid poli~
ciN. ~ach and swry. WYabb w wid MORIGAGEE a Ib IIfiHHi ~INy ~~Y. ~nd Nch and iwry sud+ poircy shall b~ pranpty ~si.yn~d and delivK~d a
. any Mld by Nid JNORT(~/1GEE ~ fwthM Nturity b safd malp~ d~bt, and. na I~ss thu~ ta~ l~0) days in ~dvanu of th~ ~xpir~tla? of ~ad? Policb. 1o d?
hv~?-~o pid MORTGAGEE ~ nmwal tMrwf. top~tM. wi~h a naipt fa tM pnmivm of wch r~w~1J and tMr~ ~hsll bt no firt a wind~tam inswana
pbpd on any of uid buiWinp~. ~ny M?tKaf tMr~in w pWt thKeof, ~nku in tM form and wi~h tM loss Wy+bN ss afat~+idt in ~M •wm aey w~n
of n~o+~y b~aanN p~yaW~ w~da wd~ po1kY a Polici~s s+id MORTGAGEE ahail Mw th~ optan ro rea~w and ~pply tM s~ on ~caow+t of tM Mdebt~d~
e~M Ncw~ h~t~by a p pMnif wid 1NORTWIGORS to ~eotiw and ua h a any put thereof fw otl~er putpoiq, without thereb/ waiviap a imp~ih
Np ~ny puih. li~n a ripM vndN w b~r ~k~w d tNs mort~sp~j and in tlw ~vN?t uid MORTGAGORS ~hall fa any ha~an iail ~o k~ep tM s~id pn~?ius w
Yaw~d. a f.t~ a d.itw. aa~+Wb +~~r .~-s+td ~~a of ~uwa~o. ~o s+w MoaTGwGE~, a f.~i ~w~?P~y w Pay fi,iy any pn+r?ivm thK~for a M? ~ny
n~p~et fNl b pafonn, diKM?ps. uaaut~ ~ff~ct. eornpi~t~. oomPN wbl? and ~bid~ by this cown+nt. a any prrt hawf, wfd NWRTGAGEE m~y plaa and
P+Y fa wch kawar~ or a~q? part tMnof witlaut waivii+p oe ~fhuinp +m? aPtwn, ~i~n. pui~y. w ripht w~J~r w by virtw of th~s Mort~spe. and tM
ivU ~nowu of ..eh and ~wry wd~ pay~erm sh+ll b. Mnn.~aMly dw and pyabl. and •I+.ti b..r inrKes~ from ~ da~ ~Mrwf un~i1 paid at th~ wN of
n{er p~r qntw ~ p~r anwm wd topNMr with svch i~tenst sMll b~ secvnd by th~ li~n of thU mort9ap~.
To p~rmit, oom~it or wffa no wasN, imP+km~nt a d~taiw~Yan of ~aid prop~rty a any put tMrwf.
S. To piy all ~nd slnpvlar th~ eo~h. chup~s +^d ~xP~n~e~, Gxiudinp • reawn~ble ~»omey's fe~ and own of ~bstr~et~ of titl~. inara~d a p+id at
any tbn~ by said MORT<3/?GEE, b~cauw a in th~ ~wnt of tM failun on H~ pwt of tM said MORTGAGOR to duh. p.o~+y «+d wiN w.torrn. d~xh+'v~
~a~eub,, ~ff~d. oomPle». oomplY with aex! ~bide by Nch u+d wery tM stiputarans, agresmann. eond~Naw and oownanK of said promiswry ewt~ and tha
1p+p~ M+y a~ NthN. and wW coatt. cIw9N +^d ~xpaws, ~ach an~ ewrY. ~MII b~ imnwdiarely dw and p~y~b4r wMtha or not the?~ be rwtiu d?
mand. •tlNnpt to oolbcf or wN p~dinyt ~nd tM full smowit of suh and wery wch payment shall bes. intKat from the dat~ tMrwf vnNl paid at tM
raq of ntm pa o~ntum psr arwwmt ~nd all s~id costs, chu~s and expenus LiaKnd w p+id, topNher with wcA inNnst, sh+N b~ Ncund b~l the IMn of thi~
~b~
b. iMt (a in tF~ ~wM of any brwch of N~is Mortp+p~ a defavit on th~ psrt of ths AhOR?GAGOR, w(b) in tM ~wnt ~ny of s~id swM of mo:+sr
hKdn n(~n~d to b~ not prompty ~nd fuly p~id within thiNy (30) days next aher the sarM severslly b~can~ dw and PayaW~, wHhovt dan~od w eatitR.
a W In th~ ~wm Nch and ~wry tlw stipubtiom. spr~ts. conditia?s and cvwn~nb of sud promissory rwt~ s~d this matp~W +nY ar NMMr ~n na1
~+M. P~P~1~ Md ivil~r pKfone~d, disd~u9ed, ex~cvted, effectsd, comPlNed, canPlied with ~nd ~ti~ded dy, tMn in ~itMr or +nY wcl~ ~wM tM said ~
prp~fa wm m~ntia»d in said promi~sory nob than r~maininp w?paid, with i~terest scuwd, and all momyt secwd. Mnby, sh+it b~aoe~e dw and p~Y
~bl~ fo~rthwtth, or thetNfhr. d th~ option of said MORTGAGEE, ss fvlly and completely ~s if all of the said su~ns of morNy W.n «q~,.ih at~a~a~.a
1e b~ paid an sucA day. anythlnp in s~id promissory rwt~ or in this Mortp~pe ro the contrary notwitMtandinyj snd tMreupon or thertahK a~ tM optioe of
w(d MORTGAGEE. wAhout notia w d~m+nd. wk at law or ie ~quiry, ther~for~ or itwnaher lxywb nNy b~ prawcut~d as if all ~y~ Ncund ha~bY
h+d nNtw~d p.io. to i~s kntitution.
7. TMt (n NN wu?f ttiat at t!k b~innin~ of or tl ~ny tim~ penfiirg ~ny wit upon this Mo.fy+pe, or to lanclo~ h, w fo hform N, a to ~nfora
paynwM of aMr d~Lna MnundN. s~id MORTGAGEE sh~ll apply to the Court I+aviny jurisdiciwn thenof fw tM appointie~?t of a R~caver. such Court shall
forthwith appoint s nteiw~ ofs+~ morty~p~d prop~rty ~II and sin~vtar. includ~ng ~II snd sln~ular th~ incom~ profi», iaws +nd nwnws from whatw~? _
wwp d~?iwd. Nth ~nd ~wry of whicl~, it b~inp acpr~ssly understood, is hereby mortgaged u if sp~dfiully set forth and dnaib~d In thi pru?tinp and
Mb~r?dum clauMa iwwf. ~nd iuch Reoeiwr shall have ~II the boad ~nd effective functlons snd powers in ~eywis~ entrust~d by ~ Court tp a Rauiwr. and
svch appointm~nt ~Mli b~ matM by wch Court ~s ~n admitted eqvity ~nd a matte~ of absotuu r'~ght ro said MORTGAGEE. ~nd withoW nfer~no~ w th~ ~
~dpvacy or in~d~qwcy of tM v~lw of the property matp+9ed w to the tohrency w inw~vency of uld N10RTGAGOR or tM defendann, ~+d tlut such ~
r~nts, profita, incan~, iaws ~nd rw~nws sMll b~ applied by such Receiver sccordinp to ttw lien or ~qvity of s~id 1NORiGAGEE ad th~ practic~ of wch :
Courf. -
8. To duly. ~PrN .~d fi,ih P..to.m, dnch..~.• execute. effect, complete, oomplY with ~nd aWd~ by ~sd~ and ~wry tM stipul~tiom. pn~nb.
conditbro ~nd aovsiwnn in s~id promttwry note and this morty+~ set forth. ' ~
9. That in tK~ ~vrM th~ ovvnsnhip of the mo~typed premiks, a uiy p+rt thereof, becoenes vest~d in a parwn otha Nun the MORTGAGOR, th~
N1pRTGAGEE, Its wcpssws ~nd assq% may, without notice to the MORiGAOR. de+~ with su~ wcuuor or ~uoassor in intenst with r~f~rM+a w this
mort~p~ and tIN debt Mr~by s~wred in tM same manner as with Mortgsgw without in ~ny way vitiatirg a d"ifchary'~rg the Mortysyws' li~bility Iw?
undN ot upo~ tM d~bt l~eby secured. No ask of th~ p?emixs hereby mo.tgaped u+d no fabearsnoe on the part o( th~ MORTGAGEE w it~ svoassas
or auip+» sed no ~xts~sion of the tlme fa ths paymeM of the debt hcreby secured piven by the 1NORTGAGEE or in ~ucoason a assip% sh+ll op~raN
ro rN~~, ~ifdwrp~ rtad'fy cMn~ a affect the or'g'mal liability of tIM AhORTGAGOR herein, either in whols w in part.
10. It b specifically apn~d that tim~ i~ of tM essa+ce'of thu eoMwct and tMt no waiwr of ~ny obliyation Mrw~der or of th~ obllpation a-
currd hwb~? sMll ~t anr tMrw thueaftsr b~ tK:d to be a watver of tM terms Asnof w of th~ instrwnent secw~d hKby.
11. In sddition to the forpo:ng monthly paymenb of princ:pal and interest required by the promissory note setwed hereby, morty~ot oown~nb
and pr~ to pay ro mortpapee with exh monthly payment an ad~itional sum estimated by mortyagee to be eqwl to 1/12 of the snnwl cost of the fol{ow-
inps .
A-All real properry taxa kvied or auessed against the above dewibed real estate. !
i 6-Prsmiwns on fin and windstorm irawance ~s herein reqv~red ro be urried on tM improvemenri sitwte on ths above dan~ed premises. '
C-?remiums on wch mortOsy~ ~wnnty insurance as mortgagea shall from time to time deem fit to orry on tl?~ lo+n sec~red hereby. s
Mortps~a~ shall from time to time notify mortgagor in writing of the amount due and p~y+bk hercunder aeK! such wm shall therevpoe be dw ~nd ~
par~ble on the due date of tM next monthly p~rment and each successive month thereafte? until mwtgagee sh~ll notify mortgsgor of a ch+ng~ in a~ch
amo~nt. Such svms sMll b~ ~pplied bY matpayse tovrard the payment of re~l property taxes, insvrance prem:wns, and mortgape ~uaranty inswanu
P~~
IN WRNESS WHEREOF, tM s~id 11110RTGAGOR Ms hereumo set his hand snd ual the day and yssi first aforesaid.
Sipm Swbd ~nd livare in tM pesena of:
j~ • ~
~ ~n F
~--n
E OF fLORIDA ~ i
~ St _ Lucie ~ -
?
~,a„~W G B Wa lters ,~a
A 11 i e e e W a 1 t e r s his wife, ro me we~~ known .nd known w m. +o b.
~ tM Gwlividwb d~wib~d ln and who ~xacvted the fway<w+p instrum~nt. ~nd adcnowledped before me that thsy executed tFw ssm~ for th~ purpo~es
tMrr~in ~xpwt~d. Md 1M uid o 1 1 i e c~ e W a 1. e r a
wif~ of tM aaM . R, W 91 ~ e 1° 9 " vpa~ a sep~rst~ and privat~
examin~tion by m~ taken tep~rat~ and ~p~rt from her ssid husband, adu~ovvledped ro and befors me thst she eaecvted said initrvment freely and volwr
tuif~r arid withovt any compvbion, ooestraint, app~uiori, or sx of or from her ~aid husband. L'
i VYtTNE55 my h~rd and offiaal seal day of A. D. 195~
~ , u lic in ~nd for the Sta • of fbrida ~t Larp~ -
t ' • ' ' -
• ;~t~~ixtts[~y~,~~ N1y Comrtusu°^ ~xqns:
~ TO: ti~r~`. `1~ii hf ~~.O~SIOw EX 0~ HOlldi d~ ~9C
Rm F~a) S+ ~ I,o~n /1swcJatao ` ' .
Of Fort Pieroe. ' ~ • , ~ V. : r ~ k~' ~
RQCORpE~ r=; ~ c~ ' ~.we y ~.M;a. a e.~..r, c~
. ~A• ,r.:
FI~'RTI~ , _ ,
ST. LUCIE COUN'~ ~ ~ : : ; : ~ ; ~ '
RECORD VERIFIED~ : ; _ .
~ S O rJ / ~ f ~
; ;~J .
% Q ,
= 3 30 . ti~
f=_, ~L
4 PM ' .
'6Z t~AR ~ ' ~ ~ ~
_ ~ :f,,. .
~ .:f:R i'O;ZRAS . _ -
t C~ERK CIRCUIT COURT
~ooK165 PA~E 131 ~~j:i:j~~~~ r~
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