HomeMy WebLinkAbout1167 . ~':1
- f~s ~ : . -
To plaa and aontirw+oWlY kNP on ~h~ buildinp~ now w MnshK ~ia,+N on uid land snd oa d) ~quipn~t Md PMO~h oswr~d bfl
p., wi~h ap pnmh,ms' tMr~a+ p+d ~n fui4 fin Inswa~o~ in ~h~ wwl ~undud Dolkll farn~. M• swe ~pprowd bt? dM IMOIIiW?GEE. and wlntMtora~
kuwa+a h th~ uswl ~iaadud policl? ~ana in • wm ~pprowd b1? tM MORTGAGEE. in wch aompanp a aoenP+~+~s a~ 11» MORTWIGEE ~t -
dir~nr ~nd ~11 fih and win~bwnn ieauwna polkies a? any of s+Ml butldinp~. ~M? inh?M1 NwrNn or prt tMnof, in th~ pprpab w~n afahwW a
in .:da ~Mrwf. sh+ll contain tM usual sqnd+r~ narro+yM ciwa a wd~ alw~ d+w~ d+~ Mo~`p+pM ^w1? ~eq~'~ ^»~Y ~ w'~
cita, tKh ~nd ~vKY. WYabb 10 said MORTGAGEE ~s in intenst may ~ppw. ~td Mch and ~v~ty tud~ po~kp sI+~U b~ p~ompNy as~pMd ~nd ddiwnd ro
•ny held by siid MORTGAGEE q furthN Ncurih to ~aid mortp~ debf. uKl. nt+~ bss ~h+n »n d~ys in ~dvanc~ of tl+~ ~xpkition of Nd+ Poliry. b d~
t~~er ro wid MORTGAGEE • nn~wsl thw~of, top~~hN with • roaipt fw tM pr«oiwn of wd~ r~w+ll ~nd tMn sMll b~ eo Pw w windstam I~au~Ma
plec«! an ~y of wW bvildinps. +eY intaat thu~in or pan thenoF. veless in tl» ionn u+d wirfi tM loa p~y~bN as afonsaldt M+d M+ tht w«+1 ary wn~
of moMy b~eoma p+y+b~ wdK weh polkY a iwiiei~s s+id MORTGAGEE sh+ll Mw tM optan to naiw ~nd apply th~ s~en~ on aeaount of tM k~d~bt~d~
neu s~cvhd Mnby a w pe~mif wid MORTGAGORS, to ?~iw and uw h or aoy put thKeof fw otMr p~xPosw widaut thK~bY waivinp or imp+io
+~+r w~+~h. lan or ripht ~x+da a by virtv~ of this mwtp~p~j ~nd in tM ~wnt s~id M~tTG~?GORS shall fa ~ny n+~on fdl w kMp tM saW p?~ w
~nsurad. w fal a d~liva~ PromPth? +aN of aid policks of kawana w s~id /MORTGAGEE. a hti ~rh a P+y fi,iN-.~? w«~^+ t~»..ro. a ~n .Mr
respect fafl to pKfwm, discha~pe. en~cuM. ~ff~d. aomP'.~t~. aort?A~Y with ~nl! ~bide by tha aown+nt, w anY P+rt h~nof~ wid MORTGAt3EE euY pba a+~d
Wr for wd~ iroWaiw~ or any part tMnof without w~ivinp a~ffatinp +nY option. ~i~n, ~qvib. ot ~ipM undK a by vktw of tNs Maqap~. and tht
fuli amo~nq of ~scA and w~rY ~ WY~~ sh+ll b~ i~nmediat•y dw u?d py~bb ~nd ~11 bs~? htKSu from th~ daN tM~~of untii paid ~t th~ r~a d
nin~ per qntwn p~t wwm and topetl+K with suth intaest thall b~ setvrad by th~ li~n of fNt mo/q+p~.
a. To pamit, oornmN or suff~ no wast~. imP+imkM a d~tKia~tan of saW propKty ot ~ny part tMrwf.
S. To pay ~11 aod tirgular th~ oosts. cMrq~s ~nd exPam~~, indueWg + nason~bl~ anomey's h~ ~nd aoffa of abtracla of titb, incun~d a p~id N
any tim~ by wid MORTGJIGEE, b~cavsra in ti+~ w~nt of th~ failun on tM ~wt of tM ~+~d MORiGAGOR to dulY. promPth and fi+lly pafann, ~
io a.
execut~, ~ff~a, eompl~q. aomPh with and ~d~ by Nch and wKy tM stipul+tiora, prNmems. oonditiom. and b of ~sid pranisw~l? not~ and ~
mwr~+p~ +nY or ~ithep and sad costs. d+~r~ss and expera~s, each u~d ~wry. sMll b~ h+~diat~y due and pa j~w~Mtha ar ew~ tMr~ b~ notia d?
mand. atMmpt to colktt or suit P~nd'^pt and tht full artww~f of tath and aw~Y M+ch P~Y~ne^t aMll bN~ int~nst frpn ifN d~N /lwnoi until pdd tl tIM
rate of nin~ pK osnMn ps~ annum: ~nd all s~id oosri. chu9e+ and ~xp~?s~s inevrnd a paid. 1o~thK with ~uth Int~nsl. iM11 b~ NCUnd by /M Wn Of thi~
- •
b. Th~t in the ewnt of sny bnach of thb Mor~y+p~ w d~fwlt on Ns p+A of tM MORTGAGOR. a(W in th~ ~v~nt of s~id wma of momy
here~n referr.d w b~ not p+anprly snd fvly p~id wi~hin th~.ry (30) days rnx~ ahN the sam~ avaalty b~cam dw and WY~bM. withovt d~nwnd o"'ak~. •
or (c) M fht twnf ~ath u~d ~very fhe stip~l~tiom, a~relrr~tnls. conditions and aOVlMnh of a~id promi~sorY ewt~ and tlrs narqp~ +M? o~ Ntlwr u~ no~
iuly. PromPNY and fuly pe.formad, d'ad+aryed. ~xea,hd. •ffaNed. comPl~ttad ~ndi.d wHh and abid~d h?. Nwn M~i1Mr ar ~ny wch wwM th~ s.id a~
gregaM wm mentanad in wid promissory not~ then r«n~inin~ wip+id. with intNest ~arwd.. ~nd all nwe»ya ~etw~d. MnbY. aMll b~aan~ dw ~nd WY'
able fathwith, a thereaher, at th~ option of said MORTGAGEE. ~s fu~hr +nd comptNey a If all of th~ said ~u~s o! moMr vwn aiplnNh? ~~ipula~d
ro be paid on wd+ day. ~nythinp ie said prom~ssorr no~e w tn ih$ MO~t~~Q! f0 fM OO~If~Yy rl0twith{tMdirlDJ Mld tINfN1PW1 OI tFMfNffM N IM Op~i0/1 Of
said MORTGAGEE, without notiu w de~nand, wit at law or ln puify, tl~eraFon or tMrNftK bg~+A. uMp b~ P~o~a~~d M~~~r ~~Y
had instured prior t0 iri institvtian.
7. Th~f in tM went that ~t tM begimirg of « ~f ~ny fime P~~~+D +~+Y wH ~Po^ ~q+~• or to fprdw~ M, a/o nfotm k, a to ~nforp
payment of ~ny da'wru herevnde?. s~id MORTGAGEE shall ~pply fo th~ Cowt Mving iurisd~ction thenof fw tM ~ppoint~wnt of a R~cdwr. wd~ CaK~ shdl
c
For~hwRh appoint a nuivN of sa'~1 mortyagd p~operty all and sinpular, inclvdmq all and iuputar tM inoan~. prof~M. 1Wws +nd nwnw~ fta^ wA+b`r~
source derived, each ~nd ~very of whkh, it beinp ~xpressly underttood. is F+K~bD mat0+yed u if sp~tifiully Nt forth ~nd dNtribid In thi ~rr?tinp and
hnbendum ds~ses hereof, and wd~ Reoeiwr ahall have ~II the broad ~nd eHectiw funct~or~s ~nd powtn"In ~ antrwt~d by ~ Cowt tp ~ R~aivK, and
sich appointment sh~ll bt made by wch Court a+n admi»ed eqvity and ~ m~tter of sbsolut~ rephl fo s~W MORiGAiCsEE, and withouf nfNM~ b th~
edequacy or h~Ldequ+cy of tM value of the property morq~ed or ro th~ sotvN+cy o? inso~vMty of s~id MORTGAGOR or tM d~f~ndant~„ a+d th+t wch
rems, profits, income, asues and ~evenws sh~ll b~ applid by auch Receive? ~coordiny to tM Ikn or puilr of Mld NWRTGACEE ~nd 11w practlc~ oF wch
Court.
s. ro du~,r. womp~ly ana fv~y p..(om~, dacha?y., exe«» .ff.c+, oo~wtea, oomplr witli and abid. by .acA and .wry th. stipuatiot~, .prw~M. ~
conditiau and oovenanfs in aaid prombsory ~wts ~nd this morty~pe set fath. • •
9. That in th~ event the ownership of ths ^art9aped Pranises• or ariy'p~tt tF~a~of, beoomu wst~d In • p~wn oflrr than fM MORTO~AGOR. tFN !
MORTGA('iEE, Hs s~?ccessws and auiyns, may, w6how notice to 1Fw MORTGAOR. dsal with such ~+a~er or M~aNSOr in lnfaaf whh hfa~ fo thM
morrgs~e ud rl+e deb~ hereby secured in t!» sama m~nner ~s wifh Mo.tgagor wHhout M~ny way vitiatlnp a ~inp th~ Mortyapas' Uablllty !w~
under w upon the debt hereby secvred. No ule of the premises hereby mortgayed ~nd no fwb~~ano~ on t!M P+n o~ fh~ ~AORi~A~EE Or Nt W+oc~+~as
or assig~s snd no extension of the time for the payment of ths debt hereby secur~d ~iwn bY th~. MORTGAGEE .w its M+ooators or Mtiprn. sh~H op~r~N
ra release, discMrye, modify change w affect the original liabiliry of th~ NIORTGAGOR hN~ir1, tither in wlwb a tn pvf.
10. It is spccific~lly agreed that tune is of tM cssence of this contract and tMt no walwr of any obllp~Ywn Mrwr~ w of th~ oblipation N~
cvred hereby ahalt ar any time thcreafter be ixld ro be a waiver of the terms henof a of th~ instrun»nt Ntw~d haby. ~
11. In additan to M+e forego:rg monthly payments of princ:pal and interest required by the promiswry nol~ s~cund hK~bY. mortOpo? oov~nMf~ ;
ar~d agrees to pay ro mortgages with each monthly payment sn additionsl sum esKmated by matyape~ to be ~qu~~ to 1/14 of tF» annwl eott of th~ folbw-
iny:
~ A-All real property tsxes kv~ed or assessed against the above described real esate. =
~ B-Premiums on firo and windstwm iruurance as herein requ~red to be carried on tM irrKxowrn~n» i~twt~ on th~ abov~ desvib~d pr~N. E
C-Premiums on such mwtgage gwranty insw~nce as mortg+gee shall from tune to ti~n~ de~n+ fit to cKry en f1+~ loan Mcund h~r~bY. :
Mortgagee shall from time to time notify mortgagor in writing of the amount due and pay~ble Iwrwreder and wcfi wm shall th~rwpon b~ dw u+d
payable on the due date of the next monthly payment and each successive month the?eafter until mort9ayee .s}wl) notify mort~apor of a th~np~ ln wch
amount. Such wms ahall be applied by mortgagee toward the payment of rtal propeAy taxd, iia~xanq pranivms, ~nd mort~ape pwtMd~? inwrant~
premivma. •
IN WITNE55 WHEREOF, the said MORTGAGOR has herevnto ~et his hand ~nd ss~l tF~ d~y and y~ar fint ~fotwaid.
S~aled li tM pres~noe of: 1
Q
~
' i
• ~s..n
STATE OF FIORIDA ~
courmr oF St . Luaie
~efore ,ne p~~sona~~y ~ppsued Fdvard W~ Ki na?ehi~rv and i
isthel King his wHe, to me w+~1 knawn +nd known w m~ w b~ ~
rhe individuab dauibsd in and who txecuted tla forepoitg instrum~nt. ~n ackrwwledp~d b~fore rtr tFwt tFwy ~ait~d ths sarn~ for th~ qrrpw~s .
rr~«;~ .,~~..d, ,~„d rti...;~ Ethe~ Kingsbtiry
w,re ot .,~a _ Edxard W . Kingsbury - _ ~ . .~a ~n?.» ~
examinstan by me t~ken separste and ap~rt from her said Mnb~nd, adu+owledped M~nd b~fon me thst shs ex~cvt~d s+id instr~wnt fnely and volu^'
rar.ly aod withovr any oompubioA, westraint, ~ppn~ ftar of or from her a+W Iwsb~nd L.~
WITNE55 my hx~! ~nd off7aal seal thi: d~y of A. 0. 19~s~..
Nw,ry Puw .nd fo. the Stm of f~orda a! t.rp. ~
MY axp~~ss
R~twn Ta ~
Fint F~ds.~l Savinps 3 losn As~ociaYan ~.,.~:t~;tftt~,, N~ry ~p a~~~s -
Of Fwr P~erce. • ~ ' MY C~mmission Expir~s Aua. 6, 1~6
wrr PK.~. F~o.~d, :•-~,4,~.•••••39~;; eonded Dy Am~ricu~ Surety Co. o( N. Y.
D R£COE~DEfl ~~o. • . J . ~ =
~I~ED AN - ~ _t ; _ ,
ST. LUCIE COUNTY. ~ = : i ~ . _ •
RECORD VERIFIEO - " d : : ~ .
' ~ i
15f ~~fi ' ~ ~,;,~o.. ~Q :
~:~v
~ ~ -
I 8 PM 2' S! ~
'61 MAY • - oov s~. F. ~ ~
s
0 R
h.~s~r i~~:~RNs ~ a~K~66 P~116fi , .
~Q CLERK ~IRCUlT COURT ~ , . ~ ~ ~ ' `
.