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HomeMy WebLinkAbout1303 . . ~ . To plac+ and contMwiously kMp on tM buildinps naw or Iwr~aftK wtu~b on ~aid t~nd ~nd on ~il puiqnMM wd p~r~o~alh? oownd bY 1N~ narf~ ~ye. with aN pnmiw+~ t1+K~on p~id in fv11, fin inwr~nu tn tM uswl pw+da?d polkll tan~, M• w~ ~pprowd b1? tM MORTW?GEE. ~nd wimMform Leiu~ance in tM uswl stsnd+~d poliry fonn, in ~ wen ~pprowd by tM MOR?GAGEE. M+ tuch caep~nr o~ oo~?P~nip N th~ MORTWYtiEE ~w+11 dirett~ w~d all fin ond wNKhann inMx~na Policia on ~ny of said buiWinp~„ ~ny Yu~t tl~~b o~ part tM~wf, ia 1M apprp+» ~wn ~fonwW p i~ acaa tMnof, ~hall oontain tM wwl aandard ma~y+pM c1ws~ a wch alwr dauw a tM Mwq~ n?~Y ncwin. nwkMq tM low w~ uid ~F ciy, sach and ~wry. WYabi~ 1o taW MORTGAGEE as iri intKat en~y ~pp~ar. and Nch and iwry ~ud~ polkY sMll b~ praeWll? as~^~d and d~11vK~d 1e sny heW by wid MORtGAGEE a furthN secwity to ~id mor.~+p~ d~bt, ~nd. na I~ss tMn an l10) days in adv~na of tM ~apkation of ~sd~ po1k1?. w d~ I~ver ro s~Id NWRTGAGEE • rMawsl tMrwf, 1opNMr with • no~ipt fa M~e pr~niwn of wch neewdJ and tMn ~hall b~ oo fin a win~hta~ Mrw+na pi,c.d an ~ny of s~id buiWirg~„ ~ny inte~at_tMrein a put tMrwf. vnleis io tM Mrm and with ~M los paY~ afonuid~ and in tM ~wnt ~ny w~n of n,w»y b~oar~ p~Y+W~ u~ln wch poUcy o? policMS sald MORTGAGEE sh+ll Mw tM option ro nulw ~nd apply tM ~ on ~aa+M of tM Mid~btd~ ness s~cw~d Mreby a a pKn+it wid MORTGAGORS ro ncsiw and u~ M a ~ny put Mtroof fw oti?e~ purpos~s. without tM.eby waivirg a imp+&- i ;ny u,Y pu;ry. liu~ or ~ipht unds? w by vlrtw of tha mo+ty+~t Md 1n tht ~wet wid MORTGJIGORS ~hall fa ~I rwan fail to kNp th~ s~id phmisM ~o tnsured. w fall a d~liwr p~omptiy ~r of saW pol~ci~s of toswana w ssid MORTGAGEE, a f~il .promptly b p~Y folly +nY prN*iu~ tMnfor a ie a~y t respect fail b paiorrt~, diachupe. exKVte. ~ifad. complet~. comply with and aWd~ by this oownant. a+^Y P+K M?~. ~TGAGEE nwy p1~u and ~ Pay fw such irawana or an~ put tMrwf without w~ivinp a aff~etGp +nY ePY~a4 ~Mn. punll. w ripht uneMr a by vtrtu~ of thb Mortp+p~. ~nd the ' full ~movnt of tad~ ~rd ~wry wch payma+t ~II be &nmadi~t~ly dw aed pyabb and sh~ll b~a IntKat irae tM dat~ tiNno! until paid q th~ t~h of n~ne pa pntum pK ar~n u~d toyethe? with wch interest sh~ll be secvr~d by th~ li~n of thh tnort~~. 4. To p~m?N. aommit or wffK ~o w~st~, imp+Km~nt o? d~Nriw~tion of ~aid propKty a a~ry? p+h tMrwf. S. To pay atl ~nd sinpul~r th~ oosn, d~s~s ~nd ~xpawa. includinp ~ na~on+bl~ mon~r'~ fM and oosM of ~bq?acfs of tit1~. inawr~d or paW tl any tims by s+id MORTGAGEE. baavse or in the ~vMt of tM f~ihx~ on ti+~ p+h of tl~ s~k! MORTGAGOR b duly. PrompNY ~nd tully pufornb dac~++?0~ execute, eff~, complet~, oomply with and abid~ by ssd~ and ~vsry tM stipul~u«w apre.m.e~s. ea~d~tiau. +nd oownaan of sa~d panisrory noa «+d ihi~ mo.r9+W +~Y or ~itMr. i~ 3~ifl C011l. CAitQlf ~?Id f][pffLNf. fitll MIiI fvlfy. tlfi~I ~ YN1Nd1~f~Iy dW ifld PiYiW~1 MfMtF1lf Of IIOf fFN?~ a f10t10f fI! mand, anempt to odl~ct or wit pa+din~~ and tM fvll arnount of Nch and awry wch p~ymeM ~hall b~ar InMnst from tM dsN Nwnof until prld ~t th~ rere of e~i~ per cw~tum pK +munV ud all s~id awts. cM~9a and expN+ss~ inowhd o? p~id, top~thu with wth Int~nst. ~MII b! Nound by th~ Ihn of t~ mort9ap~. . 6. That in ths ~wM of uiy breach of thia Mortyap~ w d~fault on the pHt of th~ MIOttTGAGOR, w(b) G+ tM ~w^t ~n1? of N~d wrt~ of eew~y herein nfened ro bs not promptly a~d fully p~id within rh~rty (30) days oext afte. the s.me wwaly b~can~ dw ~nd p~yabM, witAou~ d«nand a notia. or (C) GI MN /vf11t titA ~fld lVNy tFlf itip111atiPflf. i~?lM~tfNt. tWldifiOfli afld COVffM11h Of Mid (lfOf1?bWfy Iqf~ and tAis earqp~ ~ep a~N1rr ~n no1 iuly. P~~P~h and futly performed. disch~ryed. ~xecut~d. effed~d, con+Pl~ted. aompli~d with and ~bided by. NNn M~itMt a an~? wch ~v~rit tM s~W ~ g~e9ate wm mentioc?ed in ssid promissory i?ote fl+en remaininp w?paid, wiM ints~af ~arwd, ~nd dl moeNy~ ~ea~~d. h~nbY. th~ll b~oam dw ~nd p~Y e51e forthwith, a tMreafte~, at the oprion of said MORTGAGEE, u fully ~nd compl~nly as if all of th~ •aid w~a of nw~wy w.r. aipin.lyr a~1.ad ro be pa~d oe wch day, ~ny~h~np in sa~d promasory ~w~e or io rhis AI?orrpa~e ~o ~M oontrary nawitlwandinpr +nd th.nupon a tMr~afn. ~t rM op~ion of sa~d MORTGAGEE, witlaut notia o? demand, wit st law w in puity, tMr~Fon w tMrs~fr~r b~n. n~sr b~ Prowaet~d a If sl) mo~Y~ s~w~d I~~bY had mafwed prior to iri Institution. 7. Thst in tM we~t t!»t at th~ b~imirg of or st ~ny tane p~~d'iny any wit upon tNs Mart~ap~. or to for~elo» h. o~ to rtfonm N, or fo ~niora paymcnt of u~y d•ima he.eunder, s+W MORTGAGEE sMll ,pply to tM Cam Mvi~g jwadMioa tMrwf for fh~ appointm~nl of ~ R~nivN. wch Cowt slwll ForthwNh appoint s receiver of ss~ mwtgs~ed property sll and sirgubr, includug ~11 and sir?pular tF» ieoorn~, pofita, hwM ~+d nwnws iran whattw~ :ource de~ived, exh ~nd evsry o wh;ch, it beinp ezpressly ~ndtrstood. is Mrtby matp~yad a if ~p~cifiully Nf fatA ud dMCrib~d h 1hi qqntin0 ~nd habendum clauus hereof, u+d s~xh Receiv~r sh~ll have all the broad and effxtiw functiom and power~ io whrwh~ Mtrua~d M? ~ Cowt t~ ~ R~aiwr. and :uch appdntmeat sh~ill bs made by such Court ~s an sdmined eqvity and a m+tfu of ~bsolua ripAt w ~ald AAORTGAGEE, ~nd withoer nf~r«w w tM adequacy or inadeqwcy of the valw of the property mwt9+9ed w to the solv~e~cy or insolvency of said MORiGAGOR or tht d~hedaMa. u+d th~f weh rer+rs, profiri, incane. issues uid revenues ~MII be spplied by wd~ R~ceiva aooordinp to th~ Uan or puify of s~W MORTGAGEE and the Pr+dio~ of wch Court. ~ ~ 8. To doly. promptiy and fully perform, d'achsr~, exacwe, effect, eompkb, oon~lY with and abid~ b~l wch and ~wry fh~ atipul~tiora„ prNnwnfs„ condi~ioaa and ooven+~ts in said promluwy not~ and tha mortysp~ set forth. ' . 9. TMt In the eree+t the ownership of the mort9+0~ P~~ a ~riy parf tMnof, beooen~s vwfad In • p~non otiw fh~n th~ ~I10RTGAGOR. th~ lV;ORTGAGEE, in wccessws uw! auiQ~s, may, witha,t noi~ce, to the MORiGI?OR, deal with such wa~or a~ in in1~t witA ~ef~?w~o~ m thN mo~rga~s and the deM hereby secured in ths same maMer as with Mwtgspw without h~ny way vitiathq a d'iidwryinp th~ Mortp+poa' Ibbility under w vpon tha deb~ he~eby secured. No ssk of the p?emises hereby mortysped and no fabNr~no~ on N~t put of tl» MORTGAGEE w ltr wouuws cr ass~gm and no catension of-the time for the psyment of t1~e debt hcreby secured yiw~ by tM. MORTGAGEE or its sutouson or asipn~„ ~h+ll op~rtlt ro release, disdNrpe, nadify chang~ or affect ths original ~i~bNity of the MORTGAGOR FwNn, ~ithK in wiwb a in p+??• 10. it is spec~fkally agreed that time is of the essence of this coNr~cr and N~at no w~Fva of any obliy~tion hawnd~t or of th~ oblip~tion N~ cured hereby sl+sll at any time thereaher be held ro be a wairer of the terma Mnof w of N+. instrum.m ..cw.d h.rbr. 11. lo additan to the forego:~g monthly payments of princ:pal and interest required by tM promiswry oot~ secwed hereby, rnortp~~ aown~nM and agrees to pay ro mortgsgee wifh each monthtY paYment an addiiwnal s~m es~~~na?ed by mo.~y+pe. ro b. eqwl a 1/12 of iM. annual casr of ~h. follow- ing: A-Al1 reai property taxes kvied or assessed against the above desaibed re~l estate. ; B-Premiums on fire and windstorm imurarece as herein req~'aed to be car?ied on the improvMn.nn sirua~• on tM ~bow dacr~b.d pr«ntaN. C-Premiums on such mort9age ywranty insursnce as matyagee shall from time to tim~ deem fif to pny on tM loan atured hsr~by. f Mortgagee shall from fime to time notify morfgagor in w?iting of the amount due and pay~bb Iwrwnder and wch wm shall Mwr~vpon b~ dw ~nd payable on the due date of the next mo~thly payment and each succcssive month there+her until mortpayK s}wll notify mortpayar of ~ thanp~ ln wch amount. Such sums shall be applied by mortgagee tov~Srd the payment of real prop~rty taxa, inwrancs pnmiwn~, and motfpap~ ~wantp Inw~ano~ j ~remiums. ~ ~ 1 ITNESS WHERE , ssid MORTCsAGOR has hereunto set his hsnd and ssal fM day and fau~ del tM presena of: ~ L 4 /1 y ~ n , - ~.,n STATE OF FLORIDA ~ _ St. Lucie ~ courmroF ~f~ ~ ~~h.~...~ William P . Fink Joan Marie Fink ~,~{~,~~~~~~„„d~„m.mb. the individwb described in and who executed tM fwe~oirg instrument, and acknowledp~d b~fon m~ tiMt tFry ~x~cuhd the s+m~ fw th~ purpwa rhere~n aupresssd Arw! th~ uiJ Josn Marie ~'~YII{ _ wife of t~ .~~a W i 11 i am P. Fink - ,,.p.,,,. ,~a ~.a examinsYan by me tske~ separate and apart from her said Iwibsnd, acknowledped to ~nd b~for~ me th+t sM exea+tsd s+k! inttrum~nt frsely and voluo- ranly and without ~ny canpulsion, constraint, appreMmion, or fe~r of a from her wW hwb~nd. L.~ WITNESS my hand snd offkial seal th~• -g~ ~ dsy of A. D. 19S~.L~ _ . ary k in ~nd for the Sht~ of Horid~ ~t Lxp~ Retvm Ta. ,~~,~•••a::~:e,~-~,~~ MY Commi~sion uqns' first Fede~~) Savings 3 Loae Aswtiation =~~`C, ~~i) .~'~i Nb{~ PI~I. O~ ~Olldi it Of Fort P7erce. • : Co~issio~ E~ira S~ Z3. 1969 1 ~ ~ ~ Fwt Pier ~,'1 s•'' fa~~ b A~iw fi~ a Cw~Yr G,. g1L~'AND RECORDED _ S : ~ ~ , ; . ^ ST. LUCIE COUNTY. FLA. _ : J : = ~ECOf~O VERtFIEO ~ " - ; _ 7 ' . i ~ ' . . , ~ • ~~~'~y~~. tL '67 I~;'Y 22 P, 3 . I 9 . ; . 156~'~6 s= r ~-u; ~ QI.ERK C~RCUtT COURT BOOK~~ PAGE1302 ?1,,J ~~~V.: - - . ~ ~~J' -