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HomeMy WebLinkAbout0083 ' . - t ! To plaa ~nd aauiMwwlY k~+P a? th~ buil~nps oaw w AN~ahK ~itwN on ++td ~and und on ~11 ~qulpnw~t ~nd p~w~+~N aov~r~d b1? M~s na~M~ ~p~, wi~h dl p~~mi~nu therwn p+id in fulb tin inw~ano~ tn tM uw+l swd+rd poUc~r 1on~, ie • u~ +Pprowd b1l Mr MORTGAGEE. ~d t.w+.~na M tM uswl u«dud pol~ey form. in • swo +PP~o~ bY tlN MORTGAGEE. w+ s~+d~ eaeP~^Y « oon~p~e~i~s a~ t!~ MORTGIWEE nwy dinds ~rd all Hn aed wi~dstwm ir~sw~na Pdiciea ~n u~y d wid buildinp*, ~ k~N~t M~nM? w p+~t 1M~wf. in 1M ~~Wh wn+ afawid a h sxa~s ~Mrwf, ~MIt aonbin tM wwl uandud matya~ daat or wch aMr dww a t!N Morq+pw m~Y rpuin. m+~MY tM bas undM Nid polE cia. Nth u~d ~vKY. WYabl~ 1o Nid MORTCaAGEE ~f ib intNe~t may ~pp~M. M~d eith and ~vNy svch po1k11 ~MII b~ promp1~11 ~ss:pMd Nd d~liwo~l! 10 .ey MW by uid MORTGI?GEE as funhs. ucuri~y ro said morr~s~ deb~, a~+d not bss tlwn ta~ d~y~ in advana of th~ ~apMatioin of ~ad~ po~kl/. b dr ~1vw to ~aid MORTGAGEE • rcn~wal tMreof. ropetha wi~h • nc~ipt fw the pru+dum of wd? ~~wa4 aid 11~n s1u11 b~ no fin a wind~tam kwur+na plsad on anr of said buitd'ugs, ~ny interest tl~~in or p~rt thenof, ~x?I~a in tM fo~m a~d with ~M las paY~ble a afaa+Idj ~nd M th~ w~m My a~n of moe»y b~eon~ payabl~ w~d~r weh poliey w polK»s said MORTGAGEE ahall hrw th~ opYan w nalw and ~ppty Nn s~ on ~ooo~snt d th~ M~d~bbd~ n~s s~cw~d 1w~~by a a pamit aid MORTGAG4RS ro nceiv~ and vs~ h a any pan tlwreof fa otlw purpos~, wi~how lMr~b~ watvinp o~ imp+lti Inp u~y pv7ty. 1'~a? a ripht w+de+ or by virn» of ~his mortya~i ~nd in tM ~vent wid NWRTGAGORS ~MII fa ~ny n~~on f~il to ke~p ~h~ wid Pnmis~s w insund. or f~tl to d~liw~ promptly any of said policiss of i~wu~c. w satd MORTGAGEE, o~ fatl pron~prh? w P:r w~h +~w P~?wn+ th~r~ior a h ar~ r~sp~ct fail b p~rfom~ di~cMry~, ~x~cut~, effect. oomPt~t~. oomplY with ~nd abW~ by tN~ cov~n+nb a ar~y p~rt Mnof. ~aW MORTGAGEE nwy pl~a~ and WY for such Imwar~ a ~ny put thereof without waivinp a ~ff~ctlnp ~n1? oP?ia4 IMA. puitl?, w ripM w+~IK or by virtu~ d Mt~ Morqp~. ~nd tM futl ~mowu of ~sd~ and •wry wch paymu~t sM11 be k~d'utey dw-and payaW~ and tF~ll bar tMU~s1 fran th~ d~1~ M~r~of unrU p~W ~t 1M aN of nine pe~ os~tum pK ~mwm and togethe. wi~h sucl? interest sMll t» a~cvnd by tM lisn oi thi~ mortp+p~. 1. To p~rmit. comndt or svffu no wast~. imP+ument or d~teriontan of wid propaty a ae~r pwt tMrwf. S. To pay all and ~inQular th~ cosn. chupa u+d expen~e~. includinp • nason~bt~ ~ttaMy's fM and ootM of ~M ~~h? Pw~~•~~ any time by aid MORTGA6EE, because w in tht wam of tM failure on th~ part of tlw s~1d MORiGAGOR ~o dull?. execut~. ~tfec~. compl~t~, comply with and ~bide bp ~ach and evary the sY~p~latiom, ayre~?t~, conditiora. and oowewnh of MW proenltwrY nW~ and t n+onQ+D~ ~ny or arlw~. and said cosn. chu~as and expenses. sach and evary. sh~ll b~ imrn~d'e~t~ly dw and pay~bl~t wMtl+a a no1 tMr~ b~ notfo~ d~ mand, attempt to cotlset or wit pa?diny; and tha tull amounf of each snd ewry wch p+y~~ ~11 ~1 ~ li~in of thi~ r~te of nine pe. centum per ~nnvm; snd all ssid costs, chuy~s +nd exp~nws ina+rnd a paid, top~ mor~9a~e. . . 6. ih~t in the event of any lx~xh of this 1Nort9+pe w d~fault oo tlr part of th~ MORTCaAGOR, a(b) In th~ wa~t d wid tunw of mo~Ny her~in ref~ned to bs not prompty ~nd fulty paid wirhin rhiny (30) days neat sha th~ wne averalty b~cam dw aed WY+bI~. without d~nwnd a notio~, w(~ b tM eveM each and every tF?e stipulatio~s, ~greaments, caditions ~+d cowrwnb of s+id Pramisfo+Y ^o~ a~d t~s n'°r~O+N ~M a~~? u~ no1 iuh. P~~^PNY u+d fully pe~formed, disch~rged, execvtad, effeeted, comple?ed, compli~d witA and abided 1ry. MN? M~itlw w ~ny a~ ~wM Ih~ Nld a~ ~re9aM sum mentiarod i~ said promissory note then remaining unpaid, with Imerat xuued, ~rd ~tl moneys s~aind. h~nby. s~»II b~oonne dw ~nd PaY' abl~ forthwith, w thereafta, ~t the option of said MORTGAGEE, ss fully and compkttly if NI of th~ w~d sun~ of mon.y w~•. or~u+aUfr a~pul.nd to be paid on such daY, anYthi^D in said ;+.omissory note or in this Morty~ge to th~ contrary notwiths~andinpt snd thwwpon w th~aftM ~t th~ option o( uid MORTGAGEE, withow notice o? demand, suit at law or in p~ity, therefas o? tl~~afrer bpun, awr b~ praMah~d M if ~I~ !noneY~ sKw~d h~t~b~l had fn~tured prior to in institVtioa. 7. TMt in tM event ?hst ~t the beginning of or at sny Yvne pend~r~ a~y wit vpon this Mwro+p~. w~o Ia~clow B, e? a?~iam 1~ or to ~^fora payment of aMr clsims hereunder. s~id N10RTGAGEE slull apPly to the Court luvinp jvrisdict'an ther~of fa tM appoinM~nt of ~ R~odvlr. MKh Court sh~ll fathwith ~ppoint a receiver of sa' mort9aged propehy all and sinpula~, includmy all and sinyvlar tM inaan~. pofi». ksw~ and mrMUN ~ran what~vN souru derived. exh and every o~which, it beiny expressly understood. is I+ereby mortgaged p if spKifiully s~f fortA ~rd dMV~d In f11i prNttiiq aed habendum cbuses hereof, ~nd wch Receiver shall i?ive all the b?osd and effettiw fvnct7ons u~d powers in anywis~ ~nt~ust~d by ~ Cowl p~ R~plwq Md such appoiMment shall be made by wcl~ Covrt as an ~dmitted eq~ity and a matter of ~bsolu» ripM ro~aid MORTGAGEE. ~nd witharf ~tfNM~q 10 tIN sdeqvscy w inadeqvacy of the value of the P~~~Y ~9~~ w to the wnrency or in:o~wncY of s~id MORTCs/1GOR a tM d~f~nd+et~. and th~t such rems, profits, income, issues and ~evenues ahall~b~ applied by wd~ Reuiver sccordinp to tM li~n or pulry of i~id MORTGAGEE ~nd tht pwetiq of wd~ Coun. 8. To duly, promptly ~nd fully perform, ~iu~rg~, exenAi, effect, oomplet~, comply with and aWd~ by wt~ and w~ry th~ ~tipubtiotr. aprNn~nt~, conditans and covenants in said promissory eote and this mort9sps set forth. ~ " ' - 9. That in ths event the oMmership of the mor~9sped Premise+, or ~iy puf theteof. bsoo~n~s v~sqd M a pKSOn othn th~1 fht MORTG~AGOR~ tht MORTGAGEE, its successors and aui9ns, msy, withow notica to the MORTGAOR, deal with ~uch woc~nsw or N~so~ M?-inta~sf with ref~ 1o tl+b mortgape and the debt hereby secured in the same manner as with Nbrtgpor without M any way vitiatinp or d'istlt~inp th~ Mor~9+Da~~ ~~Y ~n' under or upon the debt hereby secured. No ule of the premises hereby mortysyed and no forb~uann on th~ put oi tM MORTGAGEE a lri wous~on o? aug~s and no extension of the time fw the payment of the debt hereby secured ~iven b~r N+~. MORTGAGEE or tts suco~ason a as~ipM. +h+0 aW?~h ro rekase, dixharye, modify change w affect the original liability of the MORTGAGOR herein, ~kha in wtwb or M part. 10. It is specifically agreed tMt time is of the essence of this contrad +nd that no waiver of u~y oblipation Mrwnd~r a of th~ obllp~tion M~ cund hareby sh+lt at any time thereafter be held ro be a waiver of the terms hereof or of th~ instruerKM seurnd haby. 11. In add~tion to the fwego:ng monthly payments of princ'psl and interest required by the promiuuy nob secured Mreby, rnortpyor aownam~ and sgrees to psy to mortgagee wifh eath monthlY paYment an sddirionsl sum estimated by mort~ape~ to bs equ~l TO 1/14 of tF~s ~nnwl tott of tFN follow~ 'I A-All real property tsxes kvied or assessed against the above described re+l estate. I B-Premiums on fire and windstorm insurance as herein requ~red to be urried on 1hs improvemtnts situat~ on fM ~bov~ dewib~d prNnb~s. ~ C-Premiums on such mortgage gwranty insura~~ce as mortgsgee shall from time ro time deem fit to cury on th! bsn ~etured henby. f Mort9agee shall from time to time no~ify mortgagor in writirg of the amouM due and payable hsre~rntlet and wch wm ahall th~rwpon b~ dw and payabk on the due date of the next monthly paymeM and each successive month thereafter unfil moriqs~ee sFwll notify mortg+9or of • chanp~ in wch amouM. Such sv~ns shall be applied by mortgagee toward the payment of real property ts:es, Fnswante pran~tums, and mai~sp~ ~wraMY Uw+ranc~ premiVmt. Ili WITNESS WHEREOF, ths said MORTGAGOR hss he+eunto set his hsnd and sea) ths dsy a+d ysar fhtt ~foraa , ` P~ f. J ~ ~d.~L~`~-~-- K..q STATE OF FLORIDA _ ! courm oF St. Lucie Before me personal ~~?ed M. H. HOIIe y Cu t t ~ Lula ~en H~116~CLltt ~ . his wife. ~ m. ~n ~ «,a w,~+ +o b. _ the individwb desuibed in and who executed the for inttnimsnt, and ~ckrawiedp~d bsfan m~ 1Mt thh? exKUted th~ s~rr» for th~ p+rPwes ~e~ q~ ~ ~~d Lula~an Honeycutt ,,,,~re of rh. ,a;a M. H. HorleyCUtt ~q~on ...p..m .na vrtr++~ exsmination by me taken sepuate ~nd apart from her said husband, ~cknowledged to and befon m~ tMt sM exearted wid instrwneiM he~ty and volun- tarily and withovt ar?y compulsion, constraint, ~pprel~er~san, or fe~ or from Mr s+id Iwsbw~d. b•T ~ WITNE55 my haod u?d off~u~l aeal th~s ~ day of A r i 1 A. D. 19 Nobry Publk in a~d for tl» St~tt of Hwid~ at L~rp~ - ~MY Commiss~on ~xpir~u Retwe Ta ' F„•' ~d."~ S"'~' a~°~' w.'°~"''°'FILEO AND RECOROED NotM? PubGc. State ~t ~lo~ida ~t larq~ of F°" P~°.~. ~ g7. I.UCIE COUNTY. FLA. - Mr Co..issioo 6cpira No.. 3.-t969 ~ ~«r P~r~. F~«~d, RECORQ VERIFIEO 'o.e.' w"~«"" ~~:u"~~?~j .~t•It~G~f - 155531 : e~ ~ . 5? ; - = ~ '61 APR Z 4 ~I 9 • = : i.~ ; n ; Y': - ~ ~ . ~ __~y ~ : ~•E;F.t~017R~S : ; ~ s,~~s . . ovRT : , . CLERK CIRCUI? C ' • ~ ~ ~~•i. ' iv : ~ . • n ~ , _ i a~K 166 P~~ 81 ~ ~ X~.~ _ - - ~ - _ _ _ z.~ -