HomeMy WebLinkAbout0850 ~V P1iq ~~1Y W~~~1 «~P w~ ~.w w..vwy. ..~w
wiM ~tl paniw~a ~lwwn piie! in fu16 fin ieuur~na in Ih~ vw+l H~d+rd poticy fw~1, b a wm +PProwd b1l ~M MORiGAGEE. ~d windWOr~
4+wr~na M~ uswl staod~rd polity krm„ in ~ wm +pprav~d by 1M MORTWIGEE. M wd~ ~+~pa~r or aompa~ M tM Mt?RTGAGEE ~1I
dr~crl ~+d a11 Rn «~d w~nduorn~ Ywurano~ policai on any of ~ir buildi~, any hK.a~ Ma~+ or v+rt dwt~f. in dr ap~sp~M w~ ~fa~id a
In ~ tt~uwf, sl~di ooM~in th. wual ~r.ndard morr~a~ dwa a svch aM. daw~ ~s rM Ma?papN ~1? ?puKw ~Y t1+~ ba w~dM sNd pe1F
c1~s. Nth ~nd ~wty. P+Yablt b s~id MORtGAGEF a in i~taest en~y appw. and eath and ~wry wd~ po~icy ~h~p b~ P+~P~h ~+^d ~ p
u+y i+tld by s+M MORTGI?GEE a iwtl?N ~ecwity ro s~id n+o.~yap~ d~M. +ed. not las than qn li~ d~ys in adv~na d ~M sxptr~tion of qd~ Polkl?. ~o d~..
livK fp ~W MORTGAGEE • nnewa! MK?eof. tag~tMr with a noNpt for tM pnn?iu~ o# suti~ r~xwal~ ~nd tlwn ~MII b~ no fin w wind~torm Ma~~na
pl+ud on ~ny of said lwildinp~, ~ny infK~at tMreU~ q psrf tM~wf. unku in t!w fam aod with the bss pay~bb ~t ~for~idj and N tM ~wni any wm
of mon~y baa~ p~yablt urd~r wd~ poiicy or policia s+id MORTGAGEE sh+ll haw th~ o?tan 1o naiw and ~pply tM wM an accovM d th~ M~d~bt~
neu ~scw~d Mnby or a pKmit s~id MORTGI1G01l5 ro reaiw ud uw N a~ny part tMrwf f« ahe~ purpa~s. wiNwu~ tha~bv r++H~ a~Wi^
1rg any pv~ty, IIa~ w ~iph~ w~dsr ar by W~tw of this mut~; «~d io tM ~wnt uid MORTGAGORS ~11 far ~ny nawn fail ~o kMP tM wid pr+n+is~a w _
insvred, ar i~il to delivw P~~P~b +~?Y of ~aid policiea of inwruia to aid MORTCaAGEE. a fall Prom~th? ~o Wl? ~M +~Y P«'^iun+ tl?~nfa a in ae~
r~sp~ct f~il to pa~omn, disd~u~, ex~cut~. eH~ct, canple~. oanp~Y with aod abid~ by thb cove~+nt. a srry p~rt lwr~of, s•M MOrtTGAGEE n+ay plao. •nd
P+Y for such Lawano~ or ~ny p+rt tha~of withovt w~ivirp or ~ffectinp anl? opt~on. ~~ihl. a?ipM w+da a by vk~w of this Mo~t~+p~, and tM
fvll an+ow+f o~ ~ach Mtd ewry wd~ p+ymx?t ahall b~ irwrwdiately dw ~nd piysW~ and shall b~ar ~ fraia th~ d~N thsnof untU piid ~t th~ nN of
nin~ pK potwn p~ antwm and IopNher with such inttrest ihali be iasvred by th~ li~n of tNs mort~+pe.
To pKmit, oa+?mit or wffK no wast~. Mopairnn~m a d~teriowtio~ of said propKry or apy p+?f 1Mrwf•
S. To p~y ~ii aod dnpu4r th~ oosh, ciwp~s and expN+NS„ lnclvd'w+p a rsasaabb ~norney
a fw and oost~ of ab~~cM of Htl~ kiax~~d a pNd at
any Nm~ by wid MQRTt~AAGEE. b~cw~ at in th~ ~vMt of tM failun on th~ pait of th~ ssld MORTGAGOR to duly. prampHll ~nd fvi~1? PKfom~, dixh~ "
execuu, ~ff~d, compk~~ oomplY v~rirh and .b~de by ~acfi ~nd every th~ itipulations, preaments, tadition~, and oow++ants of pid promiswry ~~nd tl+i~
^~~9+D~ +^Y w~iNwr. ~nd s~id wsb. chKpe+ and ~~»n~es, aach ~ed ewry. sh+ll b~ Mwnediately dw x~d p~raW~~ wMthM or no1 th~r~ b~ notio~ d~
mand, ~tbmpt to co11M or wit pw?dinpt and N» full anaur?t of tach and .w~r wch paynrm d++ll bea in?.~ fran rh. daa ~Iw~~.of ueM1 pald a N+~
rave of nim pK ea+twn per ~nwm; ~nd ~II said oosts, d~uyes ~nd expenses inaxred a psid, topttMr wiM wd~ int~nst. ~11 b~ wa+nd bY th~ li~n of tha
mwtp+q~• ~
6. Th~t in tM ~wnt of ~ny b~cxh of this Mwty~ w d~fault oa th~ put of tM MO1tTGAGOR, a(b) ~ tlr w~nt a~y d s~id wna of ma+ry
herei~ r~f~ned to b~ not promptly u~d f~lly paW withtn thirty (30) days ~+ext aftar tM sam~ seva~ly bacam dw ~nd p+yaW~. whho~A d~mNd o~ Rotia.
or (c) tn Hw ~m ~ach u~d ~wry tM :tiputatioro. ~rasmsnts, conditions and oovaMnb of s~id promasory nw~ +od this narq+p~ +~Y a NtMt an ^a
~uty. P?omPt~Y and fvlM PKfornwd, dxclw?ped, txetuted, ~ff~ct~d. compltted. comP~itd with and ~bided by. 1Mn h ~itMr or ~ny such ~wnt tM said ap
gregst~ sum m~ntioned in ssid promiuwy note then remsinirg unpaid. with lnterast ~cvued, and all ma+eys 1~cvtd her~by. ~Mq b~oonK dw a~d p~p
able torthwith, or the?sah~r. at th~ option of said MORTGAGEE, u fvlly and compla~ely as if •11 of thi said swro of morNr w~n apin~llp slipulated
ro be paid on s~ch dsY. +nY~hieg tn said prom~uory non w in Mis Mo.~yye ro rhs conrr:ry no~wi~hsandirgj and ~h..~upon ar N+sr.sfi.r th~ op~ia+ of
said MORTGAGEE, without noY~ce w dam~nd, wit at I~w w i~ equity, therefon a~ thareafler be9~?n, nyr b~ pro~tcut~d if moe~eY~ ~aind huebY
had m~wred prio. ro in Gu~irutae.
7. That in ths avent that at the beginning of or ~t ~ny tim~ pendinp any wit upon this Matpaye, or to foraciw~ N, a M?~farm h. w to «+fora
payment of any daima hercunder. s+id MORTGAGEE shall apply ro tln Court Mvinp ~wisdiction therwf for tM appointm~nt of ~ R~aivK. wcl~ Coutt sMli
Forthwith sppoint a reociver of saifl mwtgsyed property all u?d sinpulu. indvd~ny all and sinpul~r 1F~s incwn~. profits,, itsws and rtwnu~s from wMtwM
source deriwd, esch and every of which, it beieg expreuly unde~stood. is he~eby mw~paqed u if specifiulty s~t forth ud d~wib~d ln ths prantinp and
habendum tla~ses hereof, snd suth Rec~ive? shall Mve ~II the broad and effectiw fvnct~ons and powtn in u~ywiq ent?utted bY a Court p~ R~aiwr, u+d
wch sppointment slWtl be msd~ by wch Cowt as an admined eq~ity and ~ mrtte? of abso~we ripht .,to sakl MORTGAGEE, arw! without rtfer~p to th~
adequscy w inadeqvscy of the wlve oi the property mwt~ed or to the whency or insolvency of said MORTGAGOR or the d~feed~n4, and thN such
renrs, profin, income, iswes and rwenwi sMll b~ applied br wch Receiver accordinp to tM lien a p~ity of said MORTGAGEE and th~ practia d wch
Court. .
8. To duly. promptly and fuUy perform, ~6schsrye. execute, effed, cwnpk% comply with and ~Wd~ b~? wch and rv~ry? tM qi~etation~„ apn~nNnts.
conditans snd oovenan» in said prom4sory raro and this mwtyay~ at fwth. •
9. Thit in the went the ownenhip of the mort9aped pr~rnisea, or sriY P+A ther~of, become~ wsMd N• pNwn othK th~n the MORTGAGOR, th~
MORTGAGEE, its successors and auipns, m~y, without notice to the MORTGAOR, deal wi~h such wasswr or axtyaor in Warest with nfera~a W fhis
mortgape and the debt hereby secwed in tM same mamer as with Mortgsgor without ie? any way vitiatinp a~inp tM Mortyapo~s' Wbllify 1»?~
under or upon the dcb~ hereby secured. No ssk of the premises hereby mort~sged u+d no fwbear+na on th~ pWt of the AIWRTGAGEE a its aiooason
o~ auigra and no cxte~aion of the time fot the payment of the debt hereby secured ~iven by tM MORTGAGEE or ita s~roo~ssoq or as~igiN. ~Mlt opvatt
to release, discharye, modify charge w affect ths origin+l li~bility of the N10RTGAGOR Mr~in, either in whob ot ln p~rt. -
!0. It is spacificalty agreed tMt time is of the essence of this contrad ~nd that no waiwr of sny obli~t~on Mrwnder a af th~ oblipation ~
cured hereby sMlt st ~ny tirne tbereafta be held to be a waiver oF the tenns hereof or of tM imtrument s~cwd Mrby.
11. In addition to Ihe forego:ng monthly paYments of princ'pal ~nd int~?~st _~qu'ved by th~ promtsso~y note ~axed hsreby. mortpapor oo~wnants .
and agrees to pay to mortpagee with each monlhlY psYmeM an additionsl sum es~~ma~ed by mor~ga~.e ro b. sqwl a 1/12 of M~s anwal casr of th. foltow-
ing:
A-All real property tsxes kvied or usessed against thc above described real est~t~.
B-Premiums on fire and windstorm insurance aa herein reqv~red fo be carried on the improvaments titwte on ths ~bove desvibed premises.
C-Premivms on such mortgsge gwranty insurarKe as mortgagee- shall from time to time deem fit to wry on the loan ~ecured i~ereby.
Y•arsyagee shall from time to time notify mortgagor in writing of tl» amount dus and payable Mre~x~d~r and suth wm shall thereupon b~ du~ and
payable on the due date of the next monthty payment and each successive month thereaher until mortpsgee ~}?~II notify mortyagor of a dany~ ~ such
amounr. Such wms shall be +pplied by mortgagee toward tF~e payment of real propKty taxes, inwra~ce pram3uens, and mortp+pe puv+My InwrMw
premiums. '
~ IN WITNESS WHEREOF. the ssid MORTGAGOR has here~nlo set his hand and sesl ihe d+y and year fist aforpaid.-
~ a~ °f: FILEO ANp RECORDED
W? ~ne ase ~ as to sionat»re s of ST. LUCIE COUNTY. F ~
E cobson: P.ECORO VERlFIED - ~
i54Q46 n
'6T M~AR 21 PM 3 : ~8 ~
STATE OF FLORIDA ~ ~ /~`7~'-_"__ . '
courmr oF St . Luc ie
e.ron M. p~so~uy,ppe.ma :i~eH~1~8~~~l~bbbs ,~d
Mar i 1 e e . ro ~ w.n ',g~o~,~'' ~:,a b.
the ir~viduals dastt~ed in snd who ~xatvted t!~ foraqanp irutru+rKtM. ~nd eckr~ewledyed befarc me thst they exeWles~~h4
Pherein Md fF» sa' M ';"f~_ .
~xpretsed. ~ ~ _ ~ ~ ^ - - • ~ ;
~
W;{, N„ Donald Jacobson • ~ ' -
examin~tan by me taken separat~ and span from ha said husbsnd. ~cknowlsdyed to and befon rn~ N~at she nc~wt~d s~d~dwrw~~ yolu~
rarily and without +nY aornpubion, aorutraint, apprehsns'~~! fear of a from her s~id Iwsbard. r, ' i!? t~ t`:-- ~
•
WRNESS my Mnd and official ssal thia ld~~i ~y pf r : ~0~9~~
: ~ % = - ' 4
~Nitneasea aa t~~i~
~'»r~,g p~' ~ kJ. -
~ 2 trofs~y PuWSc in .nd fo? th. Stm
~-v , r,~, My co~^~o" .~..u d- iit'...
PUBpC. SfATE Ef IDA ~t GR6s
NOTAR1f
MY CONYtSS10N EXPIRES MR. 2~. 196!
STATE OF fLORIDA ~ ~ . - ~ - - -
courRr of Broward
bef„e m. p.,,au,y ,pp.,,ed _ Vito Croee .nd
Mary Croee hi, wHe. to rn~ wel) known .nd krwwn w,ns w b.
ine individwb desuibed in and who executed ths foreyoinp irotruawnt, anc! ~cknowledQed b~fon me tlwt they exawted ths sarne for th~ purpw~s
therein lxprlNed. /4d thf fa~d M~r;TCre~ee
w~~e of M» ..w -~di tn Croce , - - . upa, . sep...k .~a P.h?.a
examin~tion by me taken ~eparote ~nd apan hom har s~id hwb~nd, adt~x~rr~(.~o' ~"bifor~ tn~ tlMt t!a exewt~d wid imtrumsot he~lr and volw~
rerily ~nd witlw~rt anr compubion, torutraint, apprehe~nia~, w fear of w-~ftoQ1•2i~ ~Y! ~k+fbilid.,
WITNESS mp hand and officisl se+l thia / Y diji ~pf~ A. D. 19~_
i.
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O R ic b~nd the of fbrida N larp~
R:turn To: 6~~K 165 FAGE ~4~ r . • • G ~r ' ~pir~u ~a ~r " ~s y
~ ~ ~ ~ 3~.. ~ . r
Firsf F~den) S~vhgs i loan Aawci+tior+ - - ! ` / " _ p
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Of Fort P;erce. ~e ~ - J. • G.~'L
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