HomeMy WebLinkAbout0618 ^ _ ~i' , t
~ ~ r., 3 ~ ~ .i
i ~~~•~i •~i'~
f
3. To piao~ and oont~,sly kNp on ~h~ bulldirps ~w~w o~ Mnaftu ain?aN on s~id Mnd ~nd on all ~qulpnwM ~nd p~rson~lh oowrrd b11
p~, with ~N therton psid in foli, fln iMvruitt in the wwl u~ndard polky fonR M~ su~ ~pprOwd bf? th~ MORTCsA~iE4 and wMd~torn~
~qp
tnswano~ in d+i
us~wl ~~and+rd polic~l fam. h a wm ~pprov~d by tM MAkTC~AGfE. M+ wch aompMM~ or oo~npM+i~s » th~ MORT~iAtiEE ~~MI
dirM~ ~nd ~Q W~ ~+d witdNain fmwano~ politNs on ~ny oi taid build'wip~, ~ery W~N?«t 1Mt~M o~ p~rt 1Mrwf. in d» ~pprp+N ww~ a1otN~W or
M~aCas Ilwnof. ~MII aontaln tM wwl q~ndard m~lrt9a0« tlwN or wd~ otha dauN as 1M MorqapM hquir,, nw?Mq IM loss w~tlM Nid poY~
ciy. ~sch a+d w~y. WYaW~ w s~id MORTGAGEE a ih inter~st n?~y ppw. ~nd Nch and wNY ~ Policy shill b~ promptly +a+p~wd +^d ddM?~d W
•ny MW by said MORTGAGEE a fwtMs acurtry +o said mortpap~ d~bt. a+,d. not 1~ than t«~ (1~ days in adv~no~ of tM ~xpk~tion of ad+ po1kY. b d~
tiwr to s~Id MORTGAGEE • rsnewal tMnof, to~tlwr with • rec~ipt for th~ pnmk~ of wd~ r~walt and tlwh ~h+il b~ no fiy or wh+dtto?m Maurana
p1.c~d on any of aid bvild'M+p~„ ~?~r in~Kat tMr~in o. put tM~wf, unle» in tM iam and with tM loss p~yaW~ a afor~W~ ~nd in tM ~wM anY wn~
of mo~wy baarna p~ysW~ w~ wd~ policy a polici~s s+id MORTCAGEE sh+ll Mw tM option w haiw arn! applr tM ~+n~ an ~coainl of 1M M~d~W~d~
ness s~cvnd Mnby a a parnit said MORiGAGORS ro naiw s~+d vK N a~r p+rt tl+~nof fa othe~ pwpaN, wi~hout @+a~by waivinp a i~np+1F
infl anY p~ity. li~n or ripht wider a by virtw of this mortyap~t tM tvent aid MORTGAGORS sMll fa any n+son f~11 b kNp th~ wW Pnmi~s ~o
iruured, or bq fo deliva PranMh? +~^p of said policies oi lnux~nc~ ro wtd MORiGJ?GEE, a faU promp~y ~o pay lvtb +n~? Pn+^iw^ N~a.for w in ~ny
respect fail b pafam, di~chu~. tx~ar». ~ffect. comPltt~. complY wi?h and abicM by thN oovManb a'~nf? P+rt h~t~of. wk! MORTGAGEE en~Y pl~a ~nd
p+r for wd~ inwrar?o? a anr pwt tMnof without w~ivinp a~ff~ainp anr aWion, IIM. pu1b. w tipM wdK a by virtw, of tNs MortOap~. ~nd tM
full ~rnowu of wc{~ and wKy wd~ paYment sh~ll be ierwnedl~tely du~ and p~Y+bl~ W?d s1++11 bw hNast f:on~ ii+~ d~h tl~wf w?til paid ~t th~ r~N of
nine pp pnhnn Mt ~ntMUe and fopeth~r with wth i~lerest sh~ll b~ a~cwed by th~ li~n of tN~ mottp~p~. -
To p~?miy aam~it a wffu no wut~. ImP+irment a~ dNeiantan of said propKtp ot any part tlwnof.
S. To p~y dl and shguls? tM coati. cMrpes and ~xP~+s~s. i~+dudM+p a nawn+ble N~on+eY's fN and oMb d~bstraels oi titl~. inain~d or p~fd M
any tim~ by s~id MORTGAGEE, b~ca~ or in ths went o1 1Fa failw~ on tM puf ~ th~ ~aid MORTGAGOR q duly. W~P~t1? M~d ivU1l P~~ ~94
eXecut~. effM. oanpkt~. aomplY with and ~bide by ~ach and way tM sti~wlatio~a. +pre~eb. oonditiont. and oowewnts of uid praNstal? no1~ and thy
mwtgap~ an~r a ~itlw. and sa~d cwn, chu~es aed expens~s, each and ~wry. sh~ll b~ irtwrwd'ut~lp dw aod p~y~bltt wMtl~ w not tMr~ b~ notia d?
mand, atMmpt to ooll~d o~ wH pendirgt and the full amow~t of ~ach and wery wch p+rme~t ah+ll b~a. int~nst fran tM d~» tMnof unNl W~d ~1 iM
rare of oim per oentum pet arowm: and all ~aid cosn, chupM ukl exp~nses inannd or piid, toytther with wd~ MNnN. ~h~N b~ seow~d by tIN li~n of /hN
mwtyapw ~
b, iMt (a) ln tM ~wr?t of ~ny b«sd~ of this Mortp~ o? defavlt on tht put of tM MORTGAGOR a(b) M th~ ~wnt d s~id iwns d nan~y
here~n refernd to M not prompty and fuly p~id within thirry (3~) days next sRar ~M ~ame s~ve?a11y bKaM dw u~d p~yaW~, withow d~nd w notlp.
or (c) in th~ went each and every tl+e stiFwlations. +9reemsr~ts, eonditans ud cov~nta of s+id promiWOry ewN ~nd this narq~p! ~n1? a~1tMr ~n nol
iu1y, prwn~ly and ful~Y P~tormad, distMrged, exewted, ~ffett~d, compl~td, compli~d with and abitbd by. tlMn A~itiwr o? an11 wth wMM NN said aP
gregate sum ma?t'pned k~ said promiuory raro tMn nm+ining unp+id, with intarest soawd, ~nd ~li nwrwyt Mcw~d. hK~by. ~11 b~aom~ dw ~nd p~1N
able fonhwith, a tM?eaftsr, at th~ opran of s~id MORTGAGEE, ~s futly and compt~tely as N ~~I of tl+e ~aid ~un~t of nwmy w+n oripln+liy aNpula»d
to be p~id on suth day, snythin0 in said promissory oote or in this Mortpayt to 1M ca+t~ary notwithstand'agt +nd 1Mra~pa~ or thKNft~r ~t tM option of
ss~d MORTGAGEE, withow notia w demand, wit ~t law or in p~ity. therafon a tlwrsaftK bpun, a~ar b~ ptaMCW~d a If aU n?ot~1?~ Mt~+hd M«b1?
had matwsd prior ro ib irofitution.
7. Th~t in the we~t that ~t the beginning of or st sny t~me pendkg sny wit .~ipon this Map~pe. or to farcbN k. a fo nfonn If. or to ~nfwo~
payment of any d~ims he~evnder, s~id NIORTGAGEE shall apply to the Co~rt 1?~vinp jurisdictan tMnof for tM ~ppoinhnwnt of ~ R~odv~t. wth Cour~ tMll
forthwifh appoint r receive~ pf sai~! mwt9aged propertY all and singut~r, includ~rg all +nd sinpvla 1M k~ooe~t. prdits. Iqws and ?~vMU~s froen wh+NvN
wurce dsriwd, exh ~nd every o# which, it beinp sxpressly w~derstood, a hereby mary,ged as if ~p~6fiully wt fath ~nd d~w~d In thi ~antinp and
habendum dauses larcof, and wd? Reuiver shall have ~II the bro+d and effectiw funct~a+s and powan ln anywiw emn~Md by ~ Cowt p a RKNwr. ~nd
•uch appointment shall be rt~scle by such Court as sn admitted eqviry snd ~ m+ttN of ~bsol~te rght fo s~W JNORTGAGEE, aid wltlaut nf~?~na to th~
adequacy a ie?~deqwcy of the vslue of the properry mortpayed w to the soNency o~ insolvMCy d ~aW MORTGAGOR or th~ d~f~nd+nt~. +~d t!W wCh
rents, profits, incane, iswes and reveews shatl b. appl~sd br wch R.ce~ver acoo~d~np w ~hs li.n or .qvify of ~aid MORTW?GEE a~+d fh. p.dta d wch
Court.
6. To duH. P~~Ptly ai+d ivl~Y Perfonn. discharye, execut~. effecl. complet~, aomplY with and ~bid~ by a~d~ and w~ry tlw atipulationb apn~n~M.
conditions and ooven~ots in said promhsory note and thiq mortysy~ set forth. ' -
9. Thst in the ~vem the ownersf~ip of tl+s mort9+yed Prem~s, u? +rip P+rt tFiereof, beooma vahd in a pwwn otMr th~n th~ MORTGAC~OIt. th~
MORTGAGEE, its auccestors and assi9ns, may. without no~ice. to the MORTGAOR, dsal with svch wouwor a wa~uo~ in int~rat with r~f~e~nq to tl~4
mortgspe and the debt hereby secured in tha s~me mamer u with Matgapw without in sny way vitWkg ot d'ad~u~inp tM 1Nwt~pon' W~bOHY Mn'
u~der w vpon the debt hereby secvred. No sale of the premises hereby mort9sQed u~d no fabeu~~ on th~ pat oi th~ MORTGAGEE w tt~ wooes~ors
or aasigns snd no extension of the time fw the payment of the deM I+creby secwed pivee? by tM. MORTGAGEE a iq ~ucotstors w u~ipn~, slwll op~rat~
ro ~elease, disd~uQe, modify ch~rge or affect the oriyioal liability of tM MORiGAGOR hatiA, ~ithn in wFwb a in put.
10. It is speufic~lly agreed that time is of tM essence of this oontract u~d thrt no w~lwr of any oblipation h~nu~d~r or of th~ obtiwtion N~
cured hareby sMll at any time thereafier be held to be a waiver of the termt heteof a of th~ imtrwn~n! s~tw~d hub~l.
11. In addition to the forego:ng monthly payments of princ:pa) and interest required by the pra+insoty nof~ ~xwed he?ebY, mo?tp~po? ao~wn~nq
and agrees to p+y to mortgagee with each monthly payment an additionsl wm estimated by mortyapea to b~ pual 10 1/lZ of th~ amwal oost of th~ follow-
ing: .
A-All ~eal property uxes kvied or aatessed against the above described real estate.
B-Premivms on fire snd windstorm insurance as herein requ~red to be carried o~ the imptovem~t~b sitwt~ oe th~ ~bov~ dtw~ed pnrt~.
C-Premiums on wch mortgage gwranry insurarKe as mortgagee shsll from time to time deem fit to carry an th~ ban Ntvnd hueby.
Mo.tgsgee shsll from ~imc ro time no~ify mortgagw in wririrg of the amounr due and payaWt hereunda and wch wm shall thKwpon b~ dw and
: Fayable on the due date of the next monthly psyment and e:.ch successive month thereafter vntil enorty+~ shall nofify morty~yor of • thanp~ in such
~ amount. Such swns shall be applied by mortgagee toward the p~yment of real proptrty tsxes, insvru~te premwm~, and mortp+p~ ~wraMp buunnos
aremiums.
WITNESS WHEREOF, the said MORTGAGOR has Ixreunto set his hand tnd seal tM d~y ~nd y~ar Mt afor~ .
led and dsl' ~d in tM presence of:
~
• h
~ ~n
~
ATE OF FLORIDA 1 "
couNn oF S t_ Lue i e i~
eef«. m. ps~son~~y ,pp...ea M H H~n~o[~~~ t t - ,oa
L.LI_g V~n Honeycutt his wif. ro e» M?.~) knorrn ,na known to m. +o b. t
tha individwb dewibed in and who ~xecuted the forcyoirg instrumaM, and atkrwwledp~d before m~ Nwt tlwy ~uait~d th~ ~anr fw tM purpw~~
~~f~c~ ~~rtssed. Md th~ sai~ Lula Van Honeycutt
W;,~ of M. H. Hone~cutt - ,~po„ ,..p..at. ,~a an„r.
examinstan by me qken sepsrate snd spart from her said Mnb~nd, xkrwwledped to a~d b~fon me fhat ~M ~x~a?fed said irotrw~ant hMly and volum
tarily and w;thout +nY oompvlsion, eoastraint, /or f~ar of or iran h~t ~aid Iw~bwwl. .~e~t~~ir ';~r,,r
' WITNESS my h~~d and official wal thi~ ~~r dsy of ` ~ ~~t~~L'~+'~7~~
y,.••---'' `G
• ' , ti ~h : .
.
~ Hw.n, v~a~ ~ «,a r« s~.t:~~~'J'!'~~1c? •
- M,? c~.~, ¢ .
R~tum Ta ~ ~ ~
Fint F~d~nl Savinp~ 3 L.oao /~s~ociat'an ~
Of Fort Pierce. • ~ 'v ~.J`~ -
.
FILEO A~1UN~E~`tlFtbEO NbTARY PUBtIC. STATE oi FLORIDA at LAft6E, '=fr'~?j..,...:N..•-•'• :
ST. LUCIE COUNTY. FU1. MY co;~~ission EXPIRES APR. 24, ~960 `~.,,~lU~ '~1
REGORD VERIffED ~''r~=..~:{.i` -
r-
~ 155890
t MAY P~I 3: I 0 -
rO~E? ~~OITRt~S ~
CLERK CIRCUIT COURT Q
R ~ ~ } .~`f' f ~
~ ~ a~ V ~ ~p
..3 4'~-
e~
.
~ :~~_.~:.a, , ~ - ~
r~~