HomeMy WebLinkAbout0366 To ~ ~~d ca?tinvously kMP on tM buildi~ps now or Mre+f+N Waaf~ on said bnd snd a+ ~11 ~quipn~M M+d p~wnalN ow~~d b1? N+~s ~norq'
+9~, with ~11 psmiwns ther~on pa~d in f~ll, fin insu~~nce in ~M uswl itandud polk7l fonn, M• swn approwd bt? tM JIKMTGI?GEE. Md wind~wrn~
inswana in th~ uwal st~edud poi~cy tam. in • sum spprovd by tM N10kTGAGEE, M+ wd~ canP+~Y ar ooTpaniK a 1M 1MORTW~GEE n~1
dc?~ctr ~nd aN fin u~d w'u~d~wnn inswanc~ policies on any of aaid build~, any InNrat Mwr~in or pwt thu~of, in ~M ap~p~N iwn a(orNaid a
In ~xcea tl~~of, tMll tonbin tlr uswl uandard mor~ga~ clww w wd~ othK dwN a tM Mortp+~ m~Y nquw. m+kir~p t~ ~ w~ M'd P~
ciss. ~ach ~nd wKy. WY+bh w i+id MORTGAGEE a its inter~st „n~y ~pp~a~. snd tach and iwry wch po~M? ~MII b~ pran~pNll +~~p^~d and ddiv~nd b
~ny heW by said MORTGAGEE +s lunha ~ecwi~y ro s+id matpspa deW. snd nw lu~ th~n hn (10) days in ~dvar~a of Me ucptr~tan of ~ad~ PoIkY. 1o d~
I~ve? 1o wid MORiGAGEE ~ ne+ewal therwf, topHhu with • rece;pt fo~ tM pnmiwn of wd~ rsn~w+~j and tMn ~M~~ M^u fih o~ winds~°~m i~awana
p1~ed on anr of sakl buildinps. ~ny interat tksr~in a psn thereof. unku in tM fw~n a~d wi~h ~he loss pay~bb as ~fonwWs and in th~ ~wM +nY swn
of mpwy bcpm~ p~Y+bl~ undK wch pdicN a Paiws s+id MORTGAGEE shsll h~w tM optan w haiw and ~pply tln s~n?~ on ~ao~nt of tM Ind~bt~d~
neu ~ecur~d hK~by a b permif said MORTGAGORS b receiw and us~ it a sny put therwf fo~ other pwpw~t, without th~nby waiv{np a imp+in
iny +nY puitp. lia~ o? riqht uoder ar by vktw of this mostg+~,~: +~+d in tM ~venr aid NWRTGAGORS ahall fw any n+wn f~il_fo k~ep ~h~ aid pr«n1s.a a
insured. or faU w d~live. promptly uiy of said policies of i~swanc~ to iaid MORTGAGEE, a i~il promptM ~ P+Y ~~h? W?Y P~~^~^ thtnfor a tn an~r
resped fail w p~rfom~, diichary~. ex~cute. ~ffect, compl~te. comply with sn~) ~bid~ by this aoven+nt, w ~ny paA !»rwf. aid MORTGAGEE m+y plaa~ ~~+d
fu I tin+ount of ~ad~ and wery w~d~ payrnent ~sfi~h
II
tb~ +ir +~er!'wt~ly dw
~
p+y~abl~ u~d shai~b~ r inte
~iat hom tiN d~t~ tMnoffuo
il p+~id
a~•tM~ oi
n~ne psr pntum per anrwm and to~elhet with svch interest shall be sacwed by tIM lia~ of this mottpa~.
1. To pKmif, aanndt or suffK no w+st~, impai?ment or d~terioration of aid proparty a athr put tMnof•
S. To psy all ~+d sinpular ths costa. cMroa and exp~nsas, k~dvdinp a reason+bti ~twmey's f~e and oosb of ~batracts of HN~. h~curnd a paid N
any tims by said MURTGAGEE, baause w in the wer?t: of ths f~ilurs on the p~h of tM tald MORTGAGOR to duh?. pranPth? +nd fi+~h? p~orm. ~iKh+~9R
execu~e. eff~ct. oompkt~. comply with and ~b:de by ~sch u+d every the stipulatiorq, apr~ements, tonditiaa. ~nd oown~nls of wid p~anistory not~ u~d thp
mort9+9~ ~Y or eitha. and said cosn. cMr~es ~nd expenses, esch and ~very. ~h+ll b~ Yrwnediit~l~7"dw and p~yaW~t wMtF~ o~ n~t tMr~ b~ notia dr
nand. attempt to oollscf a wit psndingr +~d tM full amount of each ~nd ~wrY such P+Yn~a^t ah+U bes~ inta~st fran tM dat~ tMnof unNl paW N tM
rafe of nin~ pe? centum per an~im; u~d all said costs, charqes and expenses a+cvrred .or paid,' top~ther with H+th Mt~rKf. sMll b~ awnd bY tIN INn of thM
mwtp~.
6. TMt (a) in the evsnt of ~ny breach of ~his Nbrty~ w defsult on tM put of tM AIIORTCsl1GOR, a lb) in tM ~wM +eY of wid t~ of ^^°^~y
he:ein referr~d to bs not promptly and fully paid within thirty (30) days neat after 1M t+me severslly bKar.~ du! ~nd p~y1bN, w1tMu1 dNnand Or nOtict.
or (c) in tM evem each and every the iNpulations, agreemenn, condirions ~rd coven~nn of u~d promissay ~wt~ aed th~s n+orq+p~ ~n1? a NtMr ~n na1
iuly, prompty ud fully performad, dlscharged. execvted, ~ffseted, compkt~d, complied with a~d abided `y. tMn in ~itl~ a any wd~ wMt 11w s~id ~P
greg~te swn m~ntioned in aid piomiuay note then rem~inin~ unpa~d, with intuest ~tawd, and ill maNy~ Ncw~d. Mnby. sMl) b~ooent dw and p~1a
able fwthwith, p theteafte?, at the option of said MORTGAGEE, ~s f~lly sed tompl~lsly ~s if ~II of tM uid su~ of morNy w~h a?iplndly tfipvl~»d
ro be pa~d a+ wd+ day. anyrhiny in a+~d prom~ssory noro « in tF?a Mortp+ye to th~ oontruy notwithstandinp~ ~nd thKwpon w th~?taftK H tM option of _
said MORTGAGEE, without norice a dem+nd, suit at law or in puity, ihereforo or thusahK b~W~4 ~+r b~ P~~ ~ ff~I ^~1~ ~~dY
had matwed ptior to in k~stitwion.
7. ihat in ths ~vent that at tM beginning of or ~t any time perdirg any wit upon this Mortpay~, or to ~OncloM h, or fo hform h, or to Mfao~
payment of sny daims hereunde?, said MORTGAGEE shall appy to the CaKt Mviny jurisdiction thenof fo? th~ appointn~t of ~ R~otiwr, wch CouM fh~ll
Forrhwith ~ppoinf s receiv~? of sai~ morl~aged property all ~nd sieyular, krclud~ng all snd sinpvlar th~ inoo~rn~ profits, f~sw~ a~1d rw~nw~ frwn whaf~v~r
source derived, eath ~nd ev'ery o# whah, it beirg expreasly underitood, is Mteby mottgaged a if spatifiully tN forth and dMCrib~d h thi qr~ntirp ~nd
habendum dsuses hereof, snd wd~ ReocivK iMll hsve all the brwd snd effective fo~ctions ~nd pow~n in anywiN N+trust~d bf? ~ Couit p~ R~otivN, u+d
tuch appointment shall b~ m~d~by suth Courf as admitted eq~ity sod ~ m+ner of absdut~ ~ipht to wid MORTGAGEE, ~nd witAout: t~fK~no~ 1o th~
adequscy o~ inadequacy of tha vst
`~oF-~he property mor+g+9ed or to the so~vency or insolv~ncy of said MORTGAGOR a th~ d~f«+danM, aed that wd~
renrs, profi», incane, issues snd revenues shall be applied by such Reuiver accordir~y to th~ lien w puify of s~id MORIGAGEE and fh~ paetla of wd~
Court. _
8. To duly, promPtly snd fully perfwm, disclyrye, execute, effect, complete, coneplY with and ~bid~ by ~ad~ and ewry th~ atipulatloi»,, prNn~nM.
condirions and covemnts in said p~omnsory note and this mortgage set foHh. ' -
9. 71+at in the event the ownership of the matgsped prernises. w ariy put thereof, becomes wst~d in a p~rwn otl+~r than tM MORTCsAGOR. th~
MORTGAGEE, its successon a~d assiqro, may, witho~t notice to the MORTGAOR, deal with tuch s~aMSOt a Mx~swr in infer~st wHh nf~r~na to thb .
mortgsy~ and the debt hereby secured in ths sart~e msnner as with Mortgapw without in ~ny way viY~atinp or d'qtharpirg th~ Mort~apor~' li~bllity Iwt~
uc~ler or ~pon the debt hereby ietvred. No ssle of the Fremise~ hereby mortgaged and no fab~ar~ on th~ part of tM MORIGAGEE a It~ woaaon
or assigns snd no extension of the time iw the paymem of the debt hereby secured yiwn b~r th~ MOR?GAGEE or iri suco~sion or astiDra, ~M~~ op~t+b
ro release, di~cFyrye, modify ch+nge or a~fect the o~iginal IiabiGry of the MORTGAGOR herten, either in wlwl~ w in part.
10. It is specifically agreed rhat time is of the euence of this contract ~r?d tFwt no waiwr oi any obl'g~tion Mrwndsr or of th~ oblipation tr
cured hereby shall at any time thereafler be held to be a waiver of ths terms hereof a of the instrwaeiN satw~d Mrby.
11. In addiYron to the forego:~g monthly psyments of princ:pal and interest requlred by the promis~ory not~ setwed hercby, motfyapor oown~ms
and agrees to pay to mortgagee with each monthly payment an add~~ional sum estimsted by mortgsgee to b~ pi+al t0 1/12 of the ~nnual tast of fIN follOw-
ir.g: '
A-AU real properry taxes levied w auessed against tF~e above described real estate. _
6-Premiums o+~ fire and windstorm insurance as herein required to be urried on the improvem~nfs sitwt~ on the ~bove d~Wibtd prNnbq.
C-premiums on- suth morigage guaranty insurance as mwtgsgee shall fran time to Yane deern fit to urry on fh~ loan ~ecvtd h~reby. ~
i Matgsgee shall from time to time norify mortgagor in writing of fhe amount due and pay+We her~under and such wm sMll tlwrwpon b~ dw and
'i Fayable on the due date of the next monthly psyment and eath successive month theresfter ttntil mwtpayea ahall notify mortgagw of ~ thanp~ in tuth ~
~ amount. Such sums,shall be applied by mwtgagee toward the payment of real propsrty tfxes, inwnnte praniums. ~nd mo?f~+y~ puar~nh i^sw~nte
premiumf.
~ IN WITNESS WHEREOF, the said RTGACaOR has hereunto set his hsnd snd seal the day ysar fint afw
t _
Sea and ed in p? f: .
, 4
, n
4
. . rs..q
STATE OF FLORIDA 1 _
counm oF St. LuQie
8efwe me penon~lly appesred ~ ~
Elizabeth_ S Jenkins. forlHerlv Elizabeth 1~,,,~Q t~,,.,,,,.~~ ~„nd known„m.,o b. i
rhe individwb desuibed in and who executed the fwe9oinp instrument, and acknowledped bsfon rm tFwt tF~ey ax~cuted N~s s+nw fo? tfK PurPoNs
rF,e,~;,, ex~.essed. ~d r~e Fl i~ahA#h S~ Jr~niri na ~ f
ormerlv Eli~abeth M. Seott
,~~fe of ths ssid ,Z~maa TPnl~i na ' , upon a sep~rat~ and p?iv~M
exam~naYan by me tske~ ~eparate and apart from her said Iwsb~nd, +dcnowtedped M~nd befon me tMt sM ~:scvted s~id instrumsm heely a~d volun~
!arily and witF~out a~r compulsion, caatraint, spprehensio~, or har of w from her said Fwsband. L.~ "
a WITNESS my Mnd snd offlcial seal thi~ 2..Q th ~y o{ A. D. 19_L~L._
~
• Nonry Publk in u+d fw the Sub of Hw~ ~t larp~
My Canrnisaion expinss
Rewm Ta ~ ~'~Obry'Y~K, Stit! ~ FlOl1di it
F~nt F~deral s+v~, a~ As.ocNt~«, ~VAp Commission Expires Nor. 3. 1964
Of- Po.~ PKrce. ~rae h!?_.~.M.. ?M. a ,
. r~~1~bFA~~ RECORDED ` _-:`~:;•~~+~j~r"' _ . -
ST. LUCIE COUNTY. FLA. ~ i'•••••
,
RECORD VERIFiED , . Y'•' : ~ `
_ , ~~`:p~= :F =
155711 - ~
'6T MA`~- ! AM l0 : cs - ~ o~i•
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UL~~ ' • • '
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itq~i::+~ i JsTF?.•.S ~t,~' ~
' CLERK CIRCUIT COURT ' gppK~,6'6' PAGE ~li • .
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