HomeMy WebLinkAbout1914 To pt~a and aoetywoush kMP m th~ bvtldi~+p~ /WW 01 MfNffN N1WN Ofl Nld IMId 11fd 011 ~II ~qYIpNMM M1d pM~M~N OO~NtN~ ~~~M'
~p~, wi~b all pn~niwm tha~on p+~d In fvll, fi~~ inwru~p in tM wwl uardud polk~r iprn, M a w~ approwd bl? IM MORTGAGEE. M~d
1nwr~na M th~ uswl ~unclud policy farm. in a sura ~~,prowd M? th~ MORTW?GEE. In M+d~ canP+^1r a canP+nNt ~s tM MOR10~Ai0EE n~+1?
dindi and aN fin ud wind~to~m insu?~no~ policiea on ~ny of aid buiWN+p~. +n~? M~~tt thK~in a pMt dwrwf. i~ dr pp~N wn~ ~for~wld w,
In ~q tMrwf, ~MII aonain tM vHwl ~tu~d+rd mor~yayK clwN a suck otlw clww a. NN Ma1~apN m+Y nq~!in. n~kl~q Mii low wdw ~aid Volb
cks. Nth ~d ~wry. WYaW~ a said MORTCsAGEE a~ in lnttttst nwy app~ar. and Nth and w+~y NKh Pdk7l ~all b~ proe~lfM ai'On~d M~d ddivMrd a
.ny MW by s.W MORTCI?GEE .s funher secu.iry ro saW morb+p. d.br. and. na I~s ~han t.n (lO) da~ tn adv~na of ~.xpk~~ion of ~ad~ Polki?. to d~
IfvN to wid NWRTGAGEE a nnew~l ther~of, ~opethK wi~h • naipt ia tM pnmiwn of wch ~~w~li +nd tMh ~h+ll b~ no fin a wMid~tain Mww+na "
plao~d an any of saW buiWkgs, ~ny interw tMr~u+ ar pwt tMnoi, vnl~ss in th~ forn~ and •with tM ias p~r~bb ~s ~fons+ld~ and ln th~ ~w~M ~n~? w+~
of momy baan~s payabl~ w~cbr wch polkl? a? Polici~s t~id MORTGAGEE sMll haw tl?~ option b naiw and +pply tM s~ an aooowN of tlN M~d~W~
n~ss Ncund hK~by p~o ps~mit wid MORTGAGORS ro naiw and uw M a+ny p~rt th~+~wf fw othN pwposM, wi~i~ow thK~by w+ivwg a inip+Y`
u,p +nY puiry. IiM a ripht vndsr or by vktw of this mortp+~t and in t}w ~wnt said l1AORTGAGORS sMll fa ~np rwson fail to kMp tM NW pnmt~a w
iruw~d, w fNl w tMliwr promptly aey of wid policies of irowsnc~ to safd MORTGAGEE. or fail promptb b WY fi+uY +~+Y p~^iwn tMr~for or M+ a~ryl
rtsp~ct fail b paforn4 disch+rpt. ~xecute. ~fiatt. comPl~t~. oomplY vrith ~nd ~bid~ by this Cov~eKnb a~atq? p~rt hM~d. ~+id MORTGI?GEE nwy p~~q and
WY for ~uth 4awat~a or ~r p+rt tFwtof without w+hinp w ~ffWinp +n~? oWion, ~M~. puib. a ripM wdw or b1l v1Aw of tAN Morpp~, and tM
fufl amowa of taeh and ~wry wd~ p+ymH?f shall bt Grmedi~t~ly dw w~d py~bl~ ~e+d shall b~w intKast fran tM dN~ tMnof untq p~W N tM taN d
nirw pa p~twn pK annwn and to9ttht? with wch ioterest ~11 b~ s~cw~d b~I tM liu~ d tNt mOrtap~.
1. To p~rmit, aon+mit or wffa oo was», Lnp+bment ot detKiontian of s~id prop~rry or +~ry p~rt th~nof•
S. To pay all ~d slnpvlar tM coas, dwqea ~nd exP~ms~, includ~~p ~?eaoMbk •»an~. fN and ootM d abh~eu of t1N~. Mwrhd a P+id a
any tims by s~id MORTGAGfE, b~caus~ or in t!K ~wnt of tM failws on tFN part ot tM a~id MORTGAC~OR to du~Y~ P~W~1? +^d ~++UY P~«~ ~
a:ecvta ~ffed, aomptst~. comPN with and ~bide by ~ach and .avery tM stipulations, pr~na. conditioia. and aowmnn of wid pranlno~Y noN and thU
mortpap~ any a ~itF~a. and said costs. cl+u~s and e~cperoes. ~ad~ and wery. ~h+ll b~ imr~diat~ly dw and p~y+bNt wMtha or not tAu~ b~ notiot ti?
mu+d. ~tt~mpt w oolkcf or wit pendl~gj ~nd rM full amouot of ~ad+ and ewry such p~rment ~h+ll b~a. uu~st fram th~ d~t~ thu~of v~il pNd ~t tM
ratc of ~e pe~ oemum per anwmj uid all a7d costs. clyrp~s and expt~sss 6Kwr~d at paid. ~op~tl~ with wcb 4a~~q. thdl b~ t~a+nd bp tlr Wn of thi~
+na~pay~. ~ .
6. 7fat tn ths w«+t of aiy breach of this Mort~sye w d~favlt an the pe~t of tht AtiORTGAGOR, or M tM sv~eN ~ny of fald wena d nwn~y
Ixrein ~~fsn~d ro b~ nN r,~ompHy snd fuly paid within thi~y (30) d~ys next after tM sam~ sevaatly Moom~ dw ~nd p+raW~. wNMv1 d~nand a notia.
a W tn tM-twnt exh and ew.y tM :tip~rlarioos. +9rasn+enn, condirions +nd oown~nn of said pron?1sto+Y not~ and this narl~p~ anY a Ntlw an eo1
~uly. pranpdy ~nd fvlly pN(orm~d, distA+rged, e:ecvted. ~ffeded, comPlebd, compli~d with and abW~d ry. fh~n N~itAM or an~? ~uch MM tM Nid ~ {
yrey~t~ wm mentioned in s~k! promiswrr note then remaininp unpaid, wi~h infa~st acuwd, and all moMy~ ~cw~d.l~~by. .ti+n e.oo~N dw «+d ar
~ble fohhwith, w theresfta, ~f tM option of said MORTGAGEE, ~s hrlly and oompl~ahr as if all of tM .+w w~. of ~w~.r rw.. «~+ih •r~~+~.d
ro be p.id on wch dsy. +nr~hlnp in s.cd promissory ~w~e or tn rhts Mo.~yaye ro~M con~r.ry rwrwhhs~.ndinp~ and tM.~~pon i«f all mon~y~ acundl~r~b1?
•aid MORTGAGEE. withovt eotitt a dem+ed, wit ~t I~w ot in equity. thenforo or tMrsafNr bpw4 a~ay b~ praNa»M~
had matut~d prior to its irotitWion. -
7. Thit in the went ~hat at th. begimirg of or st sny t~me pendirg .ny wit upoe this Mwty.p~: ar to fohela. h. ot to nfonn M, a fo .nfora ,
payment of any daims herwnder, ssid MORTGAGfE sh~ll spply to tht Caxt h~vinp jwisd~ction th~of fo? th~ ~ppoinbrwnt of a R~o~ivN. wth Court fh~N
forthwith ~ppoint ~ roceiw~ of sai~ mat9~ged property ~II snd siigulu, inclvdu~p all and singvlar tF~ inoom~, profiM~, MwM ~nd nwiwrN froin wlwtwM
wurce da~ivcd, e~ch snd every o# whKh, it beug expressly understood. a hereby mortpaged ~s if ~p~afiullp ~1_ forM and dwcrib~d h ~hi ~rantlr~ and
Mbendum cla~ses hereaf. ~nd such Receiwr shatl haw sll the broad u~d eHective fvnct~a+s and powen M anywisi ~nnut~d b~? ~ Court p~ R~alwr. ~nd
such sppoiotment shall b~ made by wd+ Co~rt as ~n admined equity ~nd a re~tta of ~bsolu» ripM to w1d MORTCsACsEE, md witl~ouf nfM«~a 1o th~
adeqvacy a ie~dpu+cy of the v~lu~ of the property morty~yed or to the whency or insolwnty of said MORTCsAGOR a th~ d~fMdanM. ~nd MN wd+
renrs, profib. income, issues and revenues shall b~ applied by such Receiver acoordinp to tM tia? or pulhl of ~+~d MORTCsAGEE and th~ P~at~~ "f ~
Court.
& To duly. pranptly uw! fullY pafonn, d'?scha~ge. execute. effect, eompkt~, aornplY wilh and ~Wtb by ~aih and fwry th~ sf~pubtioM. p?Nn~p.
~tiom and covensnts i~ s+id promissory note ar?d this mwt~sg~ ~et forth. ' •
9. Th~t in fh~ event the ownenhip oi the nw~ty+pet! premi~s. a aiY Put tl~er~of, b~oomas wshd In • p*non o1hM than th~ MORTQJIGOR. th~
MORTGACaEE, iri successws a+id ~uiyns, may, v~ithovt notice to the MORiGAOR, deal with such woontw or iuoMt~o~ in intaMl wifh tff~ ~O thk
mor~pape and the deS~ he.eby :ecwed in the same manner as with Mortgapw witlwvl in any way ritiat&g a diKlw~lnp tM Mo~rt~pa~' WWlity Ir~
under or vpon the debt hereby secured. No sale of the premises hereby morty+ped ~nd no forbNnna on th~ put of tM MORTGAGEE a ib woonwn
a assigro and no extensan of the time for the payment of tM deW hereby secured ~~wn bY th~ NWRTGAGEE w its M+conwn ot aNipr~„ ~11 op~wq
ro rel~~sa, discharye, mod~fy ch~ng~ or ~ffect the ai9inal liabiliry of 1Fw NIORTGAGOR ha~in, ~ithsr in wlwM w M p~rt.
10. It is specificelly ayreed that time is of the essence of this contrxt and tMt no w~lv~r of ~ny o611paYan Mnundrr a of th~ oblf~lion M~
curad Mreby sh~ll at any tane thereaftar be held to be a waiver of N~e t~rms hersof a of the &atrwmm s~cw~d hKby.
11. In addition to the forego:ng monthlY paYmmts of princpsl and interest r~quired by the pranis~o?Y oote ~ecured h~r~by, motqpor Cown~nM
and agrees to p+y to mortgsgee witF? esch mo~thlY paYment an xldir'ansl sum estimated by mortgape~ to b~ equal te t/12 of tlk arwwa) oo~t of th~ follow-
ing:
A-All real prope.ty taxes kvied or sssessed agai~t the sbove dexribed rcal estaM. - -
8-Premiums on fire and windstwm insurance as herein reqo~red to be urried on tF~t imp?oveman~ iAwh on th~ abov~ dasu~d prNniN~..
C-premi~ms on such mortgage guarsnty insurar~ce as mortgsgee shsll from time to time deem fif to urry On tlf! lO~n Nevt~d hN~by.
~ Mortgagee shalf from time to time no~ify mwtgagor in writ~rg of the ~mount dve and payaW~ M?sund~r and wch wm sMll tFNn~ll~~~~
'iMd :
payable on the due date of the next monthly payment and each uxceuive month there~ftar unfil rt+ort9ayl~ shall tatify rt~oreqapor o(J~ ~~p~i~oth t
amount. Such sums shall be applied by mortgsgec tvward the payment of nal prop~rty tsxes, iruwano~ pru~?+una, and n+ortpapt:~ ~ ~tM.
!o~ . ,
premiums. ' Q" ~ t~ -
IN WITNESS WHEREOF, tfie ss'~d MORTGAGOR has hereunto set his hsnd and seal tM d+y and ytar Mt aforadd.~.
~.r ~ -
ned, and d~verod in pr of: "~f;; CJ : ~ t:'f ^
. d _ ~91 "
a , ~
-,r-~ ,
~ ~ Ll~~ By : 9 1 1 P~'e $ ~ ~ ~ t ' _ ~ _ ~
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STATE OF R.ORIDA COUNTY OF ST. UJCIE
1 HEREBY CERTIFY, That on this ~ f ~+y of April , A.D. 19 67 ,
:
before me personally appeared Ke119 Hsll ~ ~
reapedively PresideM eitd~' ~e~td~ , of .
ji~~
y Construction Company ~ a Florida ~~a~,,: ~ ~„e ;
known to be the persons destribed in snd who executed the foregoing instrumeM, and severally acknowledypil:.~li~ exe~
cution thereof to be their free act and deed as such offioers for the uses and purp~ses therein mentio,a~ 1A~,~liat fhey
affixed thereto the offiaal seal of said o~rporation, and the said instrument is the act and de~d:;,of`~aid oorPocetion:. ;
~ ej ~ Q n . _
WITNESS my hand and official seal ~af Fort Pieroe , said aounty nd state: ` c~ -
. f / p=_- '~L..~n~~
~
~ AND RE ~Ep ~ Notary Publk, in and for State and ~oitsify;,~foresaid. ,.~5
f II.E CI~ COUNTY FL1?. ,,/f My Commiuion Expir~:
S'l'. lll VERIFI~D 6~,~'`" Not~?~. State of•fl~ t~ _
a~coa~ ca.~~~~ ~x~~ ~ .
toae.d b~~," Fw a ca..+~h Co.
:
. _ 1 PM . . ~ ~g ~ ~ 3~ ~
'61 APR '
1~'~ ~
~OGFR ?'OITR~S
CLERK ~IFtCU17 COUR7 ~K~~'C~ '~~E~~~ .
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