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HomeMy WebLinkAbout0408 ~ . S. to plaa uid oa+tMwa+~M Iu~P an tM bulldinps eow a MrwftK ~twat~ on s~td bnd aid o~ atl pulp~w~N M+d pKSawib oovK~d b1? this ~a~P sp~, wilh ~II pt~n~hxn~ tMnon p~W h fv16 fiti Muw~na M~ tM wwl atandard polkp fain. in • wa~ app~owd bY tM MORTGA~iEE. ~nd wM+d~ton~ k+s~,raea M tM ww) stM+d+rd policl/ fan~. M~ ~wa ~pprowd b~r tM MOItTGI?GEE. In wd~ canP+~1? a co~P~iN M tM MORTaJ1GEE nw1? d~ncq ~nd aN tin and windNOn+~ Mwwana P~~ an ~n~? or s+id build~, an~? InNrat tMrein or pwt ~M~rwf. ln th~ ppn~at~ ~wn ~forNaid a In ~xt~N N~nof. ~Iwll oont~in th~ wv+l s~~nd+?d narpapw dws~ ot auch otMr dww at, tM Ma1p+Os~ m+Y nq~`"w n~i IM low w~tu aid polb cla. ~ad~ ~nd wKy. P~YaW~ to wid MORTGAGEE as iM int~re~1 e~y app~a~. and e~d~ and ~vM? wtl? Policy ~I+all b~ p~ompth ati~^~d +nd ddiwr~d te ~ny Mld by wW MORTGAGEE ~ furtMr Mu+~it1? to wid ~nortp+p~ d~M. and. no1 I~ than Nn (1~ d~y~ in ~dvana of th~ ~~G~tion of ~ach po1k11. 1o dr Ilvs? b s~id MdtTGAGEE • ~~mwal tMr+d. top~~hw,with • hoeipt for th~ p~mfwn o1 wd~ r~way ~nd,thth sMll b~ ew tin or wind~tam inarr~na pl~ad on ~r of s~W bvlWkq~, amr MtK~q thaeN~ a put tMrwf, vnNss io tM fonn ~nd with tM loss p+yabl~ a~fons+idi and In tir ~wM anp win of nwr~r b~oonws p~yabl~ wd~ wd~ po1kY a Policia ~aid MORTGAGEE ahall haw ~h~ optioo w naiw and ~ppiy tM s~rtw on account of tM kd~b»d~ nNS Np~nd Iw~by or to p~n~it uW MORTGAGORS b naiw and uN h a ~ny pwt thereof fa otha pwpose~. without tM+eby w~ivinp a impai~ ~~+0 ~M? ~ih?. li~n a ~ip1M u~dK a by vkh~ of tNs mo~q~p~i ~rd in tM ~wnt wW NWRTGAGORS sh+ll fa +~+y era~on i~q to kNp tM said pnn+iwa sa ?nw?~d. or f~ll fo ddiwr promptl~l anp of said poliws of ieaw~na w aW MORTGAGEE. a f~il prompNy to pay ~?Ih? +M? P~~^^iwn tl+aefa or In any rnp~ct f~ii b pKfo+n~ ~dwY~. ~~a+M~ tH~cL oompkt~. aomplY vritb_«+d ~bid~ by 1hU oov~nt. or any p+r~ Mnof. s+id MORTG/?GEE nwy pl~a ~nd WY fa wch M~w~no? w ~ny part tl~~of withoul waivY~p w aif~ctino an~l oWion. Ua~ puib, a ripM wdK a bY virlw of tMs Mortpap~, ~nd 1M full ~mowu of ~ch and ~v~ry axh p~ynMn1 ~lMII b~ inrmd'~std~? dw ~nd p~Y~bl~ and sMil bNr inNtat ftan tM d~t~ tMnoi t~til p~id d th~ r~N ol nirN pM OMN1N11 pM ~1MMN11 Mld tOg~t11N wifh Wt11 intNNT f1NU b/ NCVfld ~ t ~ N ~il11 Of t11i~ IIIOf10i~• 4. TO ~f111~1~ ~ Of Nlfhf f10 W~11l~ ~ 01 dffKi0t~1i011 Of s~ia prop~Itr a/ M1y pif~ 1~Mf~. TO Piy ~ Nld fIf1~Y~~? ~M COt?f. .....11^ MI~ fxPM~Mb a~"w'•'Y a INiOfN~! ~tMf~lly 1 fN Nld 0031~ Of iblttKl~ Of f~1N~ {I1CVR~ OI ~il~ N .ny tinw b~r wid MORTCiAGEE. b~cws~ w In th~ ~wnt of tM f~ilun on tiw part of tlr s~id MORTGAGOR w duly, p?ompNY ~nd tvUy pKform. ~ach~ ~xecvM, ~fhd. aompbM, aomplr with ad ~bid~ by ad+ ~nd w~ry th~ stipul+tio~a„ ~praamK?n. condit~oro. snd eownanb of aid promiiwry tab ~nd thi~ t. morro+q~ ~nr or .ath... .nd ..la oosu,~ cl+r~s +nd .xv.r»a. «ch +nd .w~r. d+.u b. iMn»aiat.y aw and p.r.w., M?h.~h« « na dwr. b. naio. d. F mand. ~ttNnpt to ao1Md a wb P~^d'npt and tM full aenoa+t of Ncl~ and wMY ~ WY~t sh+11 bea? intenst from tM d~t~ tMrwf uMil p~W af th~ rat~ of nMN pK anh~ pK am'wins and all sa.W ooth. thuy~a +~+d txpe~sss fnAi?~ a W~d. with suth G+tw~1. shall b~ utund bp 1ht IMn Of thi~ ~~4~ 6. ?1Mf in tM ~+ra+M of ~rry E~~ad~ of M~is Mortyap~ w default on ttr paA of tM MORTCsAGOR. or (b) ln th~ ~wnl of s~id sums of morny h~nin nf~n~d to b~ not pranptly and fuly pik! withtn ttwrty (~0) days next after tCw saem seva?ally b~cwn~ dw u~d p+yaW~, withovt d~m~~d or notio~. or In fM w~ed weh and ~wry tM stipvlatioM. prN+mros, oonditions and aowMnls of ~id promissay not~ and this matpap~ +np or ~itlw? u~ nol ~ ~uty. ptompNy and fuly pwfwm~d, discF~uQad, ~x~nrt~d. ~ff~cted. c~ompl~tad, comP~ied with ~nd ~bid~d by. tMn in ~itMr w ~ny svch ~wM tIN ~ald p~ prpat~ wm nNmiomd in taid promhso~y nob tMn rem+ininp w+P+id, with in~enst-acuwd. ~nd all mo~eys Ncw~d.ha~bY. ~1) b~oonr dw ad WY~ so ~b1~ fonhwhl~. a tlwwft~r. d tM aption of said MORTGAGEE. a fully ud oompbtsly as if all of tM s+id wn» of mo~wy wen orpin~lfy stipulated to b~ paid oe wd~ day. +iMhinO tn wid praniasory non or in M~ia Maq+~ to tM oont~uy notwithst~ndinpj ~nd tMr~upon or tMnafta ~t tM oWion of ~aid Iy10RTGAOEE, without notia a d~n?+nd. wN ~t law or in equiry, tFwafon a tl?Keihu Mpun, ~y b~ proNait~d a ff dl mon~p wax~d h~nbY . had nwnx+d prior ro ita 4aNfuria+. 7. TMt In th~ w~nt that ~t tl~ bpiiv+ia0 of o~ at ~ny tim~ Pa+d'n~ a+~? wH upoe this AAortp+pe, or ro fohclw~ h, or a nfwm H, o~ to Mfora~ P+r~ of ~n~r dsk~ Mr~r, said MORTCsAGEE sh~ll apply to the Cowt Mvinp jwisdittion therwi for the appant~t of ~ RK~ivM. wch Gow~ sMll forthwMA ~ppWnt ~ noNwr oF ~ morlp+~d prop~rty dl and sinyvlu. irKlud~op all and wgulu tM inoam. profits, isswa u~d rw~nws ftom what~vK souro~ d~riwd, wch and ~wry whkh, it beinp ~xprraily under:tood, is h~rebY mon9+9ed ss if ~pec~fiuly set fo.th and d~wib~d In thi prantinp and habw~dum d~usa Mnof. and wch ReaMr shall h~w ~II the broad ~nd ~ffectiw hrnct~oro ~nd powers in anywis~ ~ntrwfr! Fw ~ towt p a Readr~r. ~nd such ~ppoMtm~M tMU b~ m~d~ by weh Court as ~n ~dmitled eqviry a+d ~ reNtt~r of absolut~ right fo taid MORTGAGEE. and withouf hfer~ to fh~ ~dpwcy ot kNd~quacy of tM v~lw of th~ Properb mat~sped or to th~ w~venqr or insolwncy of wid MORTGAGOR a tM def~nd~nh. and that wch ronts, proHb. M~oome, bsws and rwenws shsll br appli~d by such R~oeive~ xoordinp to tM li~n or p~?ity of iaid MORTGAG~ and 1ht pratlio~ of wth Court. Q. To duly. W+anP~N ~h P~~. executi. ~ffed, oomplrte, eoR~p1Y wi~h and abid~ !ry wch a~d ~wry th~ atipvl~tioia. +pnan~t~. m~ditbnt and aovsn+nb in said promhsory not~ ~nd this mortys~e set forth. ' ~ 9. That M th~ evant the orvew~ship of tM mo~tqap~d promises, or ~eiy p~rt tF~ereof, beooenes vrst~d in a p~non o~h~? th~n tht MORTGAC~OR. th~ MORTG/1GEE. tts iuoo~uors ~nd ~ssipnt, may. without notica to the MORTGI~OR, deal with wd~ suoaswt a suoaao~ in hhr~at with hianea to thb m«typ~ and tM d~W Mrsby s~cw~d in tM ~am~ mamK as with Nb?t~spw w'~thout in s~ny wsy viti~tinp a disdwyinp tM Mortp+pas' U~6ility h~r~ under or upon tM deM Iw~by secwed. No wl~ of the premixs hereby mort~aged ar~d eo fwbear~noe on tM put of iM MORTGAGEE w its woo~sso~s o. ~uiy~s and no eaqnsion of tl+~ time fa the payment of the deb~ F~e.eby secwed ~ivae by the MORTGAGEE w its ~ucasaon a usip~M, ~II op~r+b ro rNt~N, disdwrp~, modi(Y ch~rp~ or aff~ct the uipin~l I'wbility of the M~ORTGAI'aOR hs~tiA, tithsr in whok or in p~rt. 10. h b~p~ificatly pn~d that tim~ h of tM ess~nce of this oootract and th~t ro w~iwr of ~ny obtiyafion Iwrwrsder or of th~ oblip+tbe w- cvr~d Me~by sh~ll at any tinN thtrtafter b~ held to be ~ waiver of the terms her~of or of tht L?strunwnt secw~d harby. I1. In ~ddition to tM forpo:ny monthh psyments of princ:psl and interest required by the proen'nsory note seoured hereby, mortpayor oov+n+Mf and ~yru~ to p~Y to nwrt~a~ee with ead~ monthlY payment an ~dditional wm Ktimated by mo?tp+pee to b~ ~qwl 10 1/14 of the ~nnwl cast of th~ follo~w- i^9~ - - A-All na) prop~rty faxp levied a assessed agsi~t the above dexribed real estste. b-~amiam on fin ~d windstorm inswance u herein requ'ued w be utried On the improvert~snM situaM on fhe abov! destribed prM~iifi. - ~ C-Pnmiums on sutf~ mwtqsp~ puaranty inswuite as mortgsgee shsll from Y~me ro Yme deem fit ro cury on 1M ban ~ecured henby. Mwtya~ thsll from Yun~ to time notify mortgagor in writirq of the amouM due and payable herewder and wch sum shsll therwpon b~ dw a~d pay~bl~ on fM dus daf~ of tht nent moothlY payment end eacl~ successive month theroafie? until mortpr;ee shsll notify mortgagw of • charg~ In wch ` ~ma?nt. S~+ch sw~a shall b~ ~ppliwd by mo~ty+pee towud the payment of real property ts~ces, ir~anos premiums. +nd Mort9+pe pwr+rW ~nwr+nc~ f prert~iums. IN WITNESS WHEREOF, th~ s~id MORTGAGOR hss here~nto stt hb hsnd and se~l ths d~y and y~sr ftrst afores~id. and ~d In 1M pr~s~nct ofc ~ ~ re..~ ts..n ATE OF FlOR10A ~ , : i ~ CpV~ pp C t T» n i e ~,p„py,Pp~,~ Al e~cAnder A1 l An ~ Tr,~ .nd - ~All[~A N~ Al 1 An h~, M,;i~, to n,. w.11 know+, and known to n~e ~o b~ tht If1~YfdlNlf dpRib~ ill afM~ MrhO ~x~t~rled t1M foIlQOirg infTtM11p1f~ and ~1fOwlld~~ blfOro f11f thit f110y ~7[KUt~d t11! fanM fOf fh! pY~pOMf r~,~,.~„ ~xp~,.d, ~„d ~~.~d Maud e N Al1 ~n ~ wife of rh. wW Alex~n_der Al lan ~~r • , ~ipon a sepeaM ~nd pivaN exarrim~tion by m~-hken a~p~rsb snd ~put from her s~id Mnb~nd, adcnovvfedped to ud befon me that shs exacuted wid instnrment h~ely ar?d valwr terity ~nd wilhoul ~n~? aompvltion, caqttaint. ~PPrel~miony~r fear of or frwn ha saW lwsbard. WiiKFSS nry ha?d ~nd offid~l sNl thii-,~c~` r~ day o{ D. 19~ s- Notary Pu M and for the St~Tt of Horida N tarpe ~ Mr ~ TOS notary Public, lt~N af Frorida at Lsrge Rrst P.dKd 3+vi+p~ P;atoan As.odation ``ti;~~~ a~~~~~ ~~i,~ 80 ~ Dy ~Am~rican ~Surety Go. of N. Y, • fwt Piaae. Florid~ Q •~.~~j, :J.-'~'~-~..v,~ ftLEO AND R RD D~, ;.i: sT. LUCIE COU~ - _ ' 1 ' ~ ^ RECORD VERIFIE ~ ~ ; . 0~ ~ ~ ; o = ~ 153`74~ ~ ' ~ QJ q` ' - k °67 MAR I 6 PM 3 : ~ 03i '';;'oQ •o~ ;ti .~~`f~liK iyu~~~~~~< f:OG..R i~01TRA$ t ~ ~CLERK CIRCUIT COURT ~ b~~165 PACE ~~V 1 ~ - - - `r _ _ xrv - ~ "`3µ _ 'I6