HomeMy WebLinkAbout1495 Te plao~ and ooMYwa~N k~P on th~ buil~npa ~aw a MhahK Qnuh on ~atd land ~nd on ~11 ~quipn~M ~nd p«soealN aewr«! b1? thia ~a~
+p~, wHh ~N pnn~k~ms tMr~on paid in tu~L Hn kwwana in t!r uswl a«~dard Pdk1? fw~, in • wn~ approwd btl d~ MORTC,AGEf. ~nd ~wM~dWOn~
traww~ot In fh~ wud u~nd~rd polic~r fonn, M a wm approwd b1? tM NWRTGAGEE. M wcA oomp~nY a oo~~P+ni~~ a th~ MORTaA4EE m+y
dineti and ~II lirt ~nd wind~tonn ieaurana polici~s on aqr of wid buiWinp~, ~n1? Inh~t thK~in or p~rt th~rwf. In tM apprp+t~ w~w ~forwid a
M~xcaK Mawf. tMH oom~in th~ uw+l standard nar?O+pM dsu~ w wch othK davN aa th~ Mat9apM nwY ~+in. nwklnp th~ low wd~ Nid polb
ct~s. ~ and w~y. WY+~ b uW MORTGIIGEE ~s ib intaest nwy appw. and ~ad~ ~nd ~wry wd~ potia7? ~MU b~ praaptllr as~Y^~d ~nd ddiwr~d eo
u?y Mld by s~id MORTGAGEE a~ tuctM~ s~owth? to wid mortp+p~ d~W. +nd no1 las tMn 1~n (10) d~ys in advana of tM ~xpiration af Mch polkl?. 1o d?
liw~ b wid MORTGIIGEE ~~w~l tMrwf. topeth~r with a naipt tor th~ pr~miww of wd~ r~wati and tMh ~il b~ no fin a windttaiw inwwna
pl.ud on sny of uW buildinpt„ arn? int~nq tMnin a pa.t tMrwf. unless in th~ fo.m and with tM loas p~y~N a donaMt and tn tM w~nt ~ny ~wn
of nwe~r b~conNS paY~ w~da wdi polky a polici~s ~aid MORTGAGEE sMQ haw th~ opuon b na~w and pply th~ wM on +ooowu of th~ Mid~Wed~
n~u wcw~d I~~b~? a to pKnat ~id MORTGAGORS to erniw and u~ N a a~ p~rt tl~eof for other pulposM, without thM~by waivinp ot imp~ir'
tnp +~p pvihl~ IiMI Of f~I1t YfIdM W~ VY1W Of tAl~ IROtfp~ft M~ III iM fYMt Nid MORTGAGORS tIMII {Ot M1y fM~WI f~N b ItNP 1M MM pIM~1i~N i0
~+uu..d, w faU a d~lhnr promWy .nY of ~d poticia ~ aawana w sald MORtGJ?GEE. a f.i! pror~ry eo par fi+~b «~r a«njwn ~I,ueio~ a In any
r~sp~tt fail b p~rfor~, dacl~up~. ut~wt~. ~H~ct, oompl~». oomplr witA and abid~ by MU ~ov~nb or an~r part Iw~of, Nid MORTGI?GEE nyy plaa aod
P+Y fa wch kw~ranw w aM? p~rt tl»aaf without w+ivi~q a~ff~finp +nY cWion, 11~R ~4~+Fhl, a ripM und~t or by vMw of thit Matpp~. and tht
full senawM of ~ad~ ~nd ~wry wdi paym~t ~hall M~t~ly dw u~d p~yabN and sMll bw intKat irae th~ d~N tl+a~of untU paid at th~ ~ah d
nin~ pw pMuen p~r ~wm ~nd topttMt wNh suth 1ntKtst shall b~ ~d~nd by th~ lia~ of this awrtpapw .
1. To p~rmip oonudt o? wff~r ea watf~. InW+ir~wnt ar d~tKiorNion of said propKry or ~ny part tMnof.
a. To p~y all +nel sMp~rlar th~ oat~. ~h~pN +nd ~xPM+w~. ineludinp a rwaon~W~ ~»aery's h. «d ooan of ~bstrae~s of nN~, MKUn~d w p,~d a
any tin» Sy aid JNORTGIIGEE, b~cws~ or in tir ~vaN d tM f~ihu~ on th~ put ot tM s~M MORTGI?GOR a duy?. P~~WM ~d ~h P~arn~. di~cA~?
•x~c~t~, ~ff~d. oomple~. ~anply wHh aod ~bide b~r Nch ~nd ~wry tA~ stipulationa. pnen~u. ca~wJitioia. ~nd oown~+tf of satd promisw+y nw~ and thb
mort9ap~ ~rql o~ ~i1Mr. ~nd uid aos~. tlw~a a~d ~xp~nt~s„ ~~th aod ewry. sh~ll b~ lmnwdiaf~ly dw and payaW~i wMtha or not tMn b~ ~otia d!
mand, att~mpt !o cdNd ot wN p«?dnpl eid th~ full ~rnowN of ~atA u+d ~wry wch paymsnt tA~ll bsu intu~st fran tM dab 1Mroof unNl piid at th~
rati of nln~ pK aeetwn p~r ~mwrns and all.saW owts. chuya uid exp~nses inaxnd a p~id, lopetMr with wth 4~~st. iMll b~ a~aind by tlr li~n of thi~
mort0+pw `
6. ih~t in th~ w«?t of any bnad~ of this Morqap~ or d~fwlt on Mr part of th~ MORTGAGOR, or (b) in tlw ~wnt of ~+id wna of mon~~ -
Mntn nhn~d w b~ not prompty a~d fuly p~id withtn thvty (30) days next ah~r the sam~ s~vaally beca+k dw u~d WY+bI~. withou~ d~mi+d a notk~.
or (c~ In tM wrm ~ach ~nd ~wry t!w stipulatiaw ~pnanK?ts. aonditian ~nd cownants of s~~d pranissay not~ and th~s mwq+p~ +eY or NtMr ~n no~
i~,~y, prompNy a+~d fvth pwfore»d. discA+`~d. .x.cvted .ff~ehd. ca~l~r.d, oompr~.d with «?d .bid~d dy. th~n tn ~irh.. « aeyr wch .w~f th. s«d aP
pn~ab ~wn nMMiawd in wid p?omiqwy not~ tMn rNnaininp unp~id, with inter~st acuwd. and all moe~eys a~cw~d. h~nbY. tMll b~aon+~ dw ~nd WY
abl~ fortMrUl~, or thK~aft~. d th~ option of uid MORTGAGEE, as futly snd complN~y as if all of the wid wnn of mon~y vwn a~pin~lh stipulal~d ~
ro b~ p~td on wch day. +nY~Nnp in s~id promissory na~ or in rhis Mat~+ye w tM oontrary ~a~wirhsr.ndinpj sod th~.~upon or th~nahK at ~ option of
uid MORTGAQEE. wklwut notia o~ dNn+nd. wit at taw or h puity, tlKr~fa-~ or Masaha be~rn. n~? b~ proMCVbd a if all nwnty~ wau~d Mr~?
h.d n~.~w.d prto. a m in.Knnion.
7. Th~t In tM ~va~t th~t at tM b~yinninp of or st ~y time Pendinp +nY wit upon this A~ortyap~, a fo fx~elw~ k, or b hfam h, a to a?fwa
paym~nt ot ~ny elaims Mnw+d~r. ~aid MORTCaAGEE ahall appy to the Cowt h~vwg jwisdiction thenof fa tM ~ppoinhnent of ~ R~oetwr. wd? CaM th+l1
forrhwtth appoint a r~oeiwr of~1 aio~rt~aped prop~rty all u~d sN+yul~?. indudm~ aU arwl sinpulu tM incoaM, profits, iuws and ttwnwa fran wMtwa
sour~ d~riv~d. ~ad~ aed wKy of which. N b~inD ~xpress~Y understood. is Mreby mo.tgaged a if specifiutly aN forth and dewib~d M thi qantL+p and
hab~ndwn dawa INnof. and wd Raa1vK ~MU 1»w ~II the Ixosd and effsctiw fu~ict~oes and powe.s in ~nywis~ ~ntrutt~d by a CouH p~ R~a~iva. and
•uch appotntm~nt ~hall be m~ by wth Gourt u ~n adnutted sq~ity a+d ~ mr1tK oi absoiut~ ripht b aid ARORTGAGEE, and wid~ouf nf~o~ to ti+~
~dpuscy a kwd~qu~cy of 1M v~lw of the propsrty mortp+yed or to the sohrtncy a insolventr of wtd /MORTGAGOR w tM def~nd~nri, and tlNt wth
r~nn. profib, in~in~, fawN and r~vanws sh~fl b~ applid by suth Reuiver ~coor~np ro tht lien o~ puity of s~id MORTGAGEE ~nd th~ pr~ctjo~ of such
Cautt. .
S. To dulY. P~P~Y ~h P~ exewte. ~ffect. aomPl~». oomplY. with and abWe by Mch and ~+nry tM sKpul~tiom. +On~nt~+
conditioro and covMUnts in Mid ptom(ssoty nof~ and this mo~fpsp~ set fwtl} ' ~ ~
4. Th~t h th~ w~nt tM ovvmrsNp of the eears~ed P~+~. «~Y P+~ ~~4?~~~!~+M~ 1n a pKwn oth~r tlun th~ MORTGAGOR, th~
MORTGAGEE. IK aioc~sson and asaipm. m~y, withow norics to the MORtGAOR, ds~l with ~sucA wa~s~or a wcc~aor in intaNt with nfenna to thb
mortyp~ ~nd th~ d~W har~b~l s~ow~d h th~ aarn~ mama as with Mortyapw withovt ln ~ny wajr vitiatinp a datMrp~rg the Mortp+qa+~ W6itity h~n~
under or upon th~ d~M henby s~cund. No s~l~ of tFw premises hereby mw~ys~d and no forb~aranoe on N» put of tM MORTGAGEE or its waeaso~s
or auipns and no uct~nsion of tM tim~ fo~ th~ psyment of iM debt hereby secwed qiwn bp tl+e MORTGAGEE o~ ib wcoasoa a auig% shall opuab
ro r~l~aw disch~, mod'ify chanp~ w affect tM wip'uul lisbility of tM MORTGAGOR ha~in. ~itlw in whob o? tn F-st. '
10. It b~pecifkdly ~wd tMt tirM B of th~ essencs of this oo~arad ~nd th~t no waiwr of ~ny oblipaYan Mrsund~r ar of th~ oblip~tion w-
cvr~d Mnby ahall ~t ~r tkn~ tMreahu b~ held to be a wsiva~ of th~ 'terms hereof a of ths in~trvnwm iecund Mrby.
11. In addition to tM for~o:ng monthly paymen» of princ'pal a~d interest reqvired by the prom~ssory nole secured hereby, morlpayor oov~nanb
and pr..s ro p.y ro mo~pspe. wi~h sad+ month~r payrnent sn add~r~«ut awn es~~ma~ed by mor~gayee ro b. equal a 1/12 of rhs a~v~wl oosr of M~. fdbw-
'^9~ . .
A-All r~al propetty taxa levied w~ssessed sysinst the sbove described re~l estate.
B-Ptemiums on fin and windstorm iruwanoe as herein ~equ~red to be u?ried on the improvemeon sitwte oe the ~bov~ detcribed pnmiNS. ~
, C--Pramiunr on wd+ rriortp+y~ 9u+ranty inawanoe u mortgs9es shall irom t~me to time de~m fit ro csrry on th~ ban sen+red hereby. (
Mortpap~e ~hsll from tim~ to time notify mortg~gw in writi~g of the amount due and payabk hereurder and sucl~ wm sh~ll therwpon be dw and
payable on fhe due dat~ of tM next monthlY psyment and each successive month thereafter until mortyspee thsll notify mortgsyw of • tharp~ in svch
~ amount. Sucl~ wm~ shall be ~pplied b~r matpspee towud the payment of real property taxes, inwr~ncs premSwm, and matpape ~uawntp 6uunnct
E pr~mivm~. '
~ IN MIITNESS MIMEREOF, th~ s~id MORTGAGpR has hereunto sst his hand snd seal the day and r aforeN
t Swld d~l presanct oh C~
4 ~
~
~t..~
~s..n
SIATE OF FWitIDA ~
counrtir oF St. Lucie
~ ~,p„~y,~p.,,.d Thomaa C. Oateen ,na
I s ab ell e 0 s t e e n hi. N,;fe, to me r„eu known ,~a ke~o~, a m. w b.
the lndividuals daaibd b and who ~uaded ths forsQoinp instramnt, ~ ad~ow~d Vor~ m~ tlwt tFwy .~xaated th~ same fw th~ purpasea
ri~erein ~apr~~d. Md th~ 88bel.le ST.99Y1
wife of 1M wld ~lOlllfl9 • 8 99II - ~r~wn a sspwat~ ~nd pNm
examirNtion b~r nw tska+ s~parat~ and apuf from ha wid Fwsbind, aduwrvbdped to ~nd beforo m~ that shs ~xacuted ssid instrwnent fF~ly M+d volar
r.rily and witl~oul any oomp~bior~, eoeun~inf, appreM~aioo, a fyF of or from !~a wW ~
WtTNE55 my Iwd and ofRcisl s~al +h~ ~~•ard~
day of A. D. 19
v . _
~ • Notary Publk in ~nd for th~ Stat~ of fbrida d L~rp~
~ ' ' Mr Cortrnasan ~xpinu "
Rehrrn Ta
Fint FrdK~l SsvM~p~ i Lwn /laotlation ~
of ~o.r PK.a. tiotur ~ubGc, st.b ~1 Flo~da ~t tarqe . f/ G
r~ P~.a, f~a. PILED aNQ RECOROED: ~r Ex~es Np~.-3:~r,,,,~~~
- S T. L U C I E C O U N TY. FI.A: a°.' M~••. . f,~~ -
~ . •.~Y":
~tECO VERIFIED ~ 9'~ - - •
~ ~l,~~.~,l.~ ~ ~f?~ a Q;v~:-``.
~ r~~
• , ~61 ~ ~3 10:22 = :~~~,yo~,; -
~r~ ~
154469 = - . _ , : ~
r
' f"tOG~ ~ F'0l7RItS ~'.,~~~3j~~ -
g~ERK CIRCUlT COURT ~ j'~~'~~ ~
~ g~x ~65 ~491 ~ . ~
~ xN` f'u'.. U
y iJ"~ r`Eu ._._t_ _ ':.r:.
! f~~ "P ~ y:l ~j~~'
'
rS