HomeMy WebLinkAbout1267 ~ ~ . r ' i _
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To pl+o~ and oontim+ou~lY ke~P a^ tM but!dirg~ now a Mnaft~r ~itw1~ on s~M I~nd ~nd on alt pulpr~l and p~sorMlly cow~~i by Mh narp~
with aY pr«niwn~ tiw~on paid in fi,ll, fin M+svrM?a in tiw vsual s~aadard palky farn. ie • sun~ approwd bp th~ MORTGAGEE. ~+d vrindNam
iruurana in tM uswl paedud polk]? fam, In a wm approv~d by tM MOR?GAGEE. in wch oon~panY w oon~pa~l~s 1M M~ORTGARiEE ~1I
d~nd~ «+d dl fin ~nd windawrn+ insw~na Pd~ of s~ld bvildinpt„ +~ry? bNK~st tMr~in a p~r~ tMrwf, In tM app.p+t~ ~wn afora~W a
in ~:aa tM~w~. ~Mlt aonuin th~ vswl st~nd+rd morpapN,c1+JN a wch wMr daw~ as tM Mort~pN maY n~Win. m~kMg tM los~ w+dK s+~d PoIF
cia. ~ach aml ~wry. WraW~ b s~id MORTGAGEE p ib tnttrat eMy app.a.. «+d ~ach and w«y wd~ polk~r .h+~~ b. paovty as.~o.d .nd d.~lwnd ro ~
~ny Mld by iaid MORTGAGEE ~t fvrtMr seNrihl a s~fd mortp+~ debf. ~nd. no1 lew than t~n l10) day~ ln ~dv~np Of 11N ~xpkation of Mch polkp. b Jr `
liver ro wid MORTGI1t3EE a nmw~l tM~~of, top~tl~ with ~ naipt fw th~ phmium of wd~ ?~w~l~ ~d tl~ sMll b~ no fin or windstam i~aw~na
pleced on ~np of wid buildrqs. ~ny kue~at H?K~in w p~rt tMewf. unbss tn tM form and with tM bu p~y~bb a~ ~fwaaidr uw! in tM w~nt aiw ~wn
of moe~y b~oon~ paYaW~ w~d~r wch pe1M? a polici~s aid MORTG/1GEE sh+ll Mw th~ optan b nniw uw! apph? th~ ~ on acaow+t d tM ind~bt~
neu ~ecwyd lwnby or a p~.mit wid MORTGAGORS w noeiw and uN it a any P+rt tl+Hwf iw aha pwpa~s. without thxeby waivinp or irnp~ia
iny ~nY e~pr~b. ~i~n a ri~ht ue~r a by v4tw of this mortqap~t a~d in tM ~wnt uid MORTGAGORS ~h+ll fa am? rw:oe fall w kMp tM wid p+ml~ w
insured, a fatl a d.liw. po~ly any of saW po~ic~s of Gnur+nu a.+td MORTGJ?CEE, w fatl pranpry a p~Y ~~N +~1? P~~^"~^ ~ro' a~^ ~
respect fail b pMfwn~ discharp~, s:~n+». ~fhet. compl~t~, aomP~Y wifh and abid~ by N~b eovan~nf, or ~ny pKt Mnof. wld MORTGAGEE m+y plaa~ +nd
p+r fa wch kaur~ a any prt tM~wf withovt walvi~p a ~H~etlnp +n1? aMion~ li~n, puib. a?ipM w?dK a by virtw of N~i~ MoMpp~, and the i
full arnou~t of tah ~nd ~wry weh p~ymMt sh~ll M iierMditl~iy dw ~nd pyabl~ ~d ahall bw ht~tMf irpn fIN daN th~nof untU p~id N th~ riN o1 ~
pa ar,twn pu ~mum «d toyether wirh wch inte.ast slwtl' be New~d by th~ li~n of thh mo~tpp~. '
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4. To p~tmit, aonwnlt a wffar no wuN. MeWirm~^t ot dNKiwation of said propKry ar sn1? P~ tF~~of. I
S. To pqr ~II ~nd ainpulr tM ooati. c,h~np~+ ~nd ~xPaaa. includinp a naaNbl~ atlan~l?'s fN and aost~ of ~btrads of titl~. kKwr~d a p~Id N ~
any tirn~ by aid MORTG/1GEE. Mcau~ or in the twnt of tlw f~ilw~ on tl?e p~rt of tAe Nid MORTGAC~OR lo duly~ PromPtly and fvUY P~a~ ~
exec~t•. eff~ce. ~rt~k». aomPh with and ~bide by each and ewry tM stiputar~o~a ap.a«n~nn. oondi~ioro. ~nd aown~en of aid panis~y iwa and tl+i~
mor~9+0~ +~f~ ar ~irlwr. u~d s~id cosf~, chuq~s and eapNwa. ~sch and ~wry. aMII M himediat~fy dw ~nd paYabNt wMtF~a a not tMn M ewtia d? ~
mand. ,n.~ w ~aa o. wn w~?a~~: ,~d ~n. ~n_ x~o~m ~ .,d, .~a .w.r wd+ P.r~ •~+•u b.,. ~r«~.., f.w~ ~h. d.~ et~..of ~u w~d
rate of ~in~ p~? t~ntwn per wwa4 and ~II said owb. tFyry~s and txpx?tss inpirr~d o~ paid, top~thM with weh 1nt~tNt. ~hall b~ aKVt~d b11 tIN li~n of fhi~
morty~p~. . -
6. TMI (+J in tM wa~t d any bre~ch of Nib Mwtyap~ w d~favlt on Nr put of tM MORTGAGOR, a(b) M tM ~wnt aM? of wid wnr of nweey
fie~e~n r~f~n~d to b~ eot p~anpty snd fuly p~id withie thirty t30) days o.x~ .fre. r~» sew..iy b.can. dw and Pay,w., withoul d~mand w notia,
or (c) ~n-~M ~wm exh and ~very tM stipula~ioM„ s~r~+n. conditions aed oown+nn of said promissory not~ and this narp+~ a+Y or ~iN?~r an eo1
ivty. P.ompNy and fi,~N wrf«m~d, d~ch+rpad. ~a~a,bd. .ffea~d, compl•r~d, c«npli~d with and abidsd `y. tMn in ~ithn or any wch w«~t tM s~W ~
gregat~ swn m~ntaMd in said promissory not~ tMn rem~iriu+p w~paid. with intenst aarwd, «+d all mwwy~ s~t~nd. hM~by. .n.u ~n. dw .~+d ar
rble fwthwith, w thKeaftar. at th~ option of s~id MORTGAGEE. ~s fuly ud camplN~ly ~s 1f all of ti+~ wid w~ of morny vwn orqin~lh tt~uW~d
ro be paid on wch daY. anythinp in said praniuay noro or in Mds Morty+pe w tM contruy nawitMtu~d'uqt +ed IMr«+Pon a tMr~afb? at tM option of
seld MORTGAGEE, witF~out not~a w dem~od. wit at law w in pvity, tMraFon a tMrwft~r b~p~rn, ma~? M proMOUNd u H all moe»yt wow~d h~nb1?
nad maiund par ro ~n ~+snnrtion.
7. That in th~ wsnt th.t ~t tM byinnirg of o~ st ~ny tim~ p~nd'np aMr wit upon thb Mortq+p~, a to larcla~ h, or fo nfoan M."or to ~nfwa
paymcnt of u~y daims I~eunde?. said MORTGAGEE sMll apply to th~ Cowt Mvinp juradictioo tlwnof fat tM appo~M of ~ R~a1wr. ~uth Courf fMll
Forthwith appoiet s rsceiva of sa~ mortp+y~d prop~rty all ~nd sb+y~lu, indudirg al) and sinpular tF~ U+oorn~. Profib. Nw~s and nv~nws Iran wh~bwr
source deriwd. exh and ~very o whicl~, it beiep expressly w~dsrsrood. is hereby mortg+y~d a if apaifiully sN forth ~nd elNCr~d M thi pr~ntinp ~nd
habendum dawes hereof, and axh Rec«wr sh+ll have ~II d+e broad u~d ~ffeaive funct~ons ~nd powen tn ~nyvva~ ~nnat~d by a Court p a R~afvN. N?d
s~ch appoin~ment sha11 made by wch taxt as an admitted eq~+iry +nd a m~n~r of absdut~ ripht b aid NIORTGAGEE. ~nd whhout nf~r«+a fo th~
adequacy a k~deqwcy oi ths valw of the proparry mwt~+ped or to the tolwncy or insdw~cY of s+W MORiGAGOR a tM d~fsndaMS, and th+t wd~
renrs, profia, i~oane, iswes ~nd revenws sh+ll b~ appli~d b1r wd~ Rauiver aooordinp ro tM INn w puiry of said MORTGAGEE and tM practia of wcF~
Court. • . -
8. To du~Y. P+'a^Ptly and fully perfom+, discM~, execvte, effect, oomPl~t~, oomplY with ~nd aWd~ b~? ~~nd ~wry th~ aripubtioes. a~n~n~b.
conditioea ~nd covens~+ts in s+id prwnhsorY note and this mort9spe ~et fotth. ' •
9. Th~t in the went the owe~ership of the mortyaped pnmises, o~ a~ip paA tMreof, b~aonks wst~d In • qrwn o1Mr fh~n th~ MORTWK'sOR. t!w ~
MORTGAGEE, In successon and suigrn, may, withoi» notice to the NIOR1CsAOR, desl wi~h wd~ woon~w a«ranfa h intaat wHh ttfK~na to tFsi~ i
mo~tgye and the deW he.eby ssaxed in the sanw manner as with M«t~+~oi without in My way vitininp a d~h+rqug tM Morty+pas' It~611ity !wf
under w upon the debt hereby sscured. No sak of th~ premises hereby matpap~d i~d no forbwru~o~ on ~ht p+n of•tM IIAOR7GAGEE a Ih a?oaston
or aasgro snd no eatensan of the time fw rl+e Paymem of ~he deM hereby secu.ed ~iwn by th.. MoRT~AGEE er ns wcoasors o~ ~ssipm. +IMII opa~M
ro releas~, d~r~ modify ch+ng~ or affsct ths oripinal lisbility of tM MORTGAGOR ha~irl, eHha in vrhoM, a 1n Part.
10. It is specifically yreed th~~ t~me h of the euence of this contr~ct wd that no w~lwr of any obNpation Aawndn or of th~ oWlDatbe ~
cured hsKby sMfl at ~ny time thereafier be held to be a waiver of the terms henof a of the inatruemM ~~d Mrby.
11. In addiYro~ to the forego:ng monthly psymenb of princ:pal snd interest r~qu'w~d by tht promiaory nott aecur~d hsrebY, mort9a0o? oow^~nh
and agrees to p+y to mo?tgagee with e~ch monthly payment ~n addi~ionsl sum estim~ted by mwtg+y~ to b~ ~qual to 1/14 of the annwl co~t of th~'folbw-
ing: ~
A-All reat prope.ty taxes levied w assessed against the above desaibed real esbtt.
B-Premiums on fire and windstorm i~rance as herein requ'ued to be carried on tl+~ Lnprowm~~t~ sitwt~ oe the ~bo~~ deKSib~d W~mis~.
C-Premiums on such mortgaye gwranty insurance as matgagee shsll from time to twnt deem fif ro c~rry on fh~ bm Ncvr~d hK~by.
Nlortg+gee shall from time to time notify mortgagor in writirg of the amount due +nd pay~ble Iwrew~de~ ~nd wch wm shall /Mrwpon b~ dw and
~ payable on the due date of the next mo~thiy payment and each successive month thereaher vntil motTpsqe~ sMll notify rtartq~gor of • cMnp~ in such
E amount. Such sums shall be applied by mortgagee toward the p+ymeM of real property taxes, iraurante premiwm. ~nd monpap~ pwnMy irouranc~
~ premiums.
I WITNESS WHER ths ssid MORTGAGOR Ms herevnfo set his Mnd snd se~l the day y~ar first ~fa j
• dt ' tM presenot oh ~ }
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J ' - . - rs..n ~i
L STATE OF fLORIDA ~ _ y
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couNn oF St. Lucie , 3
defon en~ 1y apptared Tn 4 P n}1 9 a t o r i n 9 • ~nd ~
A me C a s torina ~ M,;r., to m, ,~.n know„ ,~a kr~owe, to m. „ b.
the individwb desv~'bed in and who executed ths fore~oirg instrumem, and adcnowkdped b~fon m~ that tlNy ~xscuted th~ wm for th~ pvrpos~s
therein exphsNd. /4~d NM uia A ~ iT19 C 9 s tori na
wife of th~ ssid 8.9 t01~"j.Y3tL •~P~'n~ Prw~
exam~nsfion by ms tsken separat~ an apart from her s+id husband, ~cknowkdp~d b and befan m~ that ahe e:~tvt~d said Instrwnent frs~ly ~nd volwr
rariiy and witho~rt uiy compulsio~, ca?strsint, appreh~ruion,~f~ar of or from Mr wW iMab~nd. L.~
~ WRNESS my hand and official stal th~ a 6 day of A. D. 19_~e.L ~
•ry Public 1n ~nd for th~ Sutt of fbrid~ at Larp~ -
Mr Commipion expir~u
Retutn To: `,`t: . r,-~~~',
F~~.~ .~i„~fl~. ~t ~D~I, ~OG.~10f1 . - ~ . ~ r~, w~ 0~ f~lY! .e ~
M~r Cow~ssio~ E:pia Sept. 23, 1969
Of Fo.r P:erce. `1-:
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Fort Pierce. Fbrids _ ~ ~ ~ ~ ~ ~ ' ~
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