HomeMy WebLinkAbout1438 , ' , •t : , ~i t;'~•1
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To piaa and aonrGx~ouSly kNp an th~ but~dbps taw a Mn+f»r ~itwt~ on aW I~nd ~nd on all ~qulpm~M w+d p~r~oe+lip oowr~d b1? ~~~Y
a~. with ~N pM+iums tl~~ p~id in full, fin Irowanc~ in tM wwl Nsidud poticl? hrnL N• wes ~pprowd br 11» MiORTG/1GEE. ~nd ~wind~tonn
4,wrw+a fn tM uwal ~t~nd+rd policy fam. M~ awn ~p~xowd b1? t!w MORTGAGEE. in wch aon~P+^1? 4~ ~P+~ M tly MORTCsA~iEE ~*+1I
direttj ~nd ~II fin ~nd wind~wnn Mnvrana Pdki~s a? w~y of ~sid buildi~. an1? M~MKMt firttin o~ pwt IMtwf, in Ih~ ppnWt~ wn? dotNaW a
~n ~xaa ~h~rwf. dyll oa+t~In ~M uwal uandard n+onypM clauw a wd~ ahK daw~ a tM Morq+pM m+p nquin~. n~+~kM~Y th~ loa unrM~ uid PdF _
cist. ~atb and ~vKy. wr•M. a,.W ~AORTGnc~EE a~ its Int*tat nwy ~pp~w. and ~ath and iwry wch Policy ~h~ll M pra~ptM ps~p~wd ~nd d~livK~d w
.~y Mld by ~atd MORtGAGEE •s fuMh.? s.cwtty ro wW monp+~ d~W. and. na I.a ~h.n t.n (101 days in .dvana of N+. ~xpb•tion of .ach po1kY. a d.~
(ivN ro ~aid AAUIlTGAGEE a r~wsl tMrwf. top~rl~ with a ncapt fa tM pnm~un oi wd+ ruww~y and M~n ~h+ll b~ no fin a windsta~n in~wu+c~
plaud on ~ryr of wid bvildirg~, u?y in»~Mt tM«in w pan tF~wf. unbss in tM fonn and with tM loss paYsbM a~fornaldt and in th~ ~v~nt any wn~
of nwe»y bcon»s p~yaW~ w~dK wth polkl? or politi~s saW NlORTGAGEE aMll Mw Ih~ option b naiw and ~pply tM uen~ on aooount of tM M~d~btd~
ness s~cw~d hK~by a a pKmit ssid MORTGAGORS w naiw ~nd u~ h a Mr part t1K~eof fw wi+er pu?paM. without thK~by waivinp a impilr-
~~,y u+r .qutry. li~n ar ripht w~de. a by vtrtw of tNs matp+per and tn ~lw w+nt said MdtTGAG01tS sMll fa ~ny hawn fail w kNp th~ wid pnm~ w
~~s~?ed, o. f•il w del~« pr«np~b ~nr of wid polid~s of te?swann ro s~W NIORTGAGEE. a fdl prompty to p+r iulb ~+Y P~«nwen tMnfw or {n any
re.pa, fail b p..io.n~, discha.y.. .a.wt~ .H.d. conwlN.. oomplr w+th «+d .ad. by this oova+u~t. «.n~? a+r~ wb ~tTC~?cEE e+.y pba .ne
P+v fw wd~ irawanc~ or ~nr p~rt tMrwf without waivtnp a affKtM~p op~~on~ U~r4 ~4~M. a? rigM ur~ a by vktw of thk Morpap~. and tM
f~n .nwuot of ~sdi and ~wry wcA paym~m sMil b~ ~»y dw and p~yabN ~nd ~MII bw imKat frae tl» d~t~ th~rwi unt11 paid at th~ ~~a ol
nine prr «ntvm pN annvm ~nd topetM~ with wd~ inte~eu ~II b~ s~cw~d b~? tM IMn of Nds nwrq~.
1. To p~mdt. oomndt or wffM no wut~. imWkmtnt or d~terioration of aW propKty or any p~1 t}w~of• i
5. To pay sll ~nd aM+pular th~ cost~. cfi+?9~s +nd ~xp~nsN. incledj^Q a na~on~bb ~tton~y'~ iM ~nd ooq~ of absk~ of Nfi~. kia~rc~d or paid N ~
~~y ~~me by wid MORiGAGEE, b.caua a ~n fh. ~wn~ of rh. fulur• on ~M pnr d~h. uid MORiGAGOR a duly. P~P~Y ~nd ~vlly p~rforn4 d'i~charp~ ,
execu~e. .ffea. con?Pkr~. aomplY wirh snd •bide by esd+ and wuy tin ~ripulatiaw ~~^n+ oonditiar. and aovw++nn o~ wid prantswry ~ and rhi~ !
ma~~+y~ ~nY or ~i~hsr, u~d said oosa. charpes u~d ~xp~ns~s, ~ach ~nd ~wry. a+.n b. r~.d~.r.~r dw .~d P.y.a.j ~»d,a o. ~w+ ~n... b. ~ d. i
mand. atfempf to oolkd w wH P~++~!'^pi ~nd tM full amouM of ~ath ~nd ~wry wth p~ym~n1 shall btat intM~1 ftan tM d~t~ tMhof urMil pald at 1M ~
rate of ni~ per ce~tum per annumt ~ed all aid aosts. tlwr~s and expMt~s incur~d or p~~d. topNMr with NKh IM~ns1. i1M11 b~ MCUnd b~? tFN IiM~ of thY ~
~?0+~ ~ . ~
6. Th~t (~J in the ~vent of any bnad~ of this Morty+p~ or ehfault on tFr put of tM MORTGAGOR, or (b) in tM w~nt anY of s~id suw~ d n~oMy _ ~
herein r~f~n~d to bs not p?ornptly ~nd fu~y p~id within ~M.hr c3o~ d+r. ~ex~ .+r... ri+. s+ry+. aw~.iy e.oo~w aw +^a ay.id.. '"dtAaA d~na^d a noNq. I
or (c) tn th~ ewnt ~ach and swry tFw stipulatiom„ apr~emann, conditions and aown~nn of ~aid Pron~hsorY eaq ~nd Mw nar~p+Y~ +M? a NtMr an ^ol +
iuty. ~.o~eb .~+d ~,iH P..to.m.a, a~~d, .xau,r.d, .ff.n.d, e~e.d~ a~i.a wir~ .nd abid~d h/. tMn N~itMr or any weh ~wnt th~ s~W aP !
gregare wm mentaned in s~id promisso~ry rate then ram~ininp unp~id, with intK~s1 acuwd. and all marys Mcw~d. Mnbp. sh~ll b~can~ dw ~nd pay~ ~
ebte fortF~with, or tM?eaha, at tM option of s~id MORTGAGEE, u fvlly ~nd canpbbly u if ~11 of tM satd .u~ of e~o~.y w.r. aqx+.iM ."•P~?~a~sd
to be paid on svcA day, a~ythirg in said promis~wy note or in this Morq~pe to tM aonnuy notwithst~ndtopr ~nd thK~ipon a M~naftw N th~ option of ;
se~d MORTGAGEE, wi~hout notiu w dem+nd, wit at law w tn puity, tMrsfon a tlwr~af»~ bpvn. nM~ bt Pea~ew~d M If ul n~w~Y~ ~dx~d I~t~b1~ ~
had matund prar to its N~stitvtioe.
7. 71+at in tM went that at dM bepin+irq of or at ~ny tiee~ PMd'np +nN suit ~rpon tNs Mort9+N• or to fonela+~ h, or fo nfonn h, a to ~nfora ~
payrtxnt of ~ny daima here~x~det. said MORTGAGEE sh+ll apply M the CouA h~vinp iurisdiction 1Mtwf for th~ spp4intnwM of ~ R~aiwt. wch CaNt sMll
Forrhwith appoint ~ rsceiv~r of si mort~y~d propNly ~II and sirg~lM. Mrcluduy all ~nd sinyula tM H~ooinp profitb ba+a and hv~ew+N from wMtwN ~
wu~ce derived, exh and every ~whicA, it beinp ~xpr~asly v~dars[ood, a Mr~by mo.tgay~d a ff specifiully a~t fo~th ~nd d«crib~d ln thi 4r~ntlnp ~nd
habendum clauses hereof, u+d such ReceivK sh~ll haw all the broad a+d ~ffectiw fvnct~a+s and powera M~nywi~t Mtrwt~d b1l ~ Cou'~ p~ R~ai'r~r, ~nd
s~ch appointment sh+ll b~ ewle by wch Court ~s ~n admitted eqvity sed a rn~ner of ~bsolut~ rght to NW MORTG/1CsEE, and without n(enno~ 1o tl»
edequacy w in~d~quscy of tFK vslw of the P~~Y ~~+D~ w o the w~wncy a inwlve~cy of pid MORTGAGOR or tli~ d~hnd+ota. ~nd that wd~
rent~, profita, intane. iuues and nvasw~s sh+ll b~ applied by ~ R~ttivet aooordinp to th~ (Nl~ot ~quity Of Nid MORTCs/?GEE Md NM Pndiq of sucA
Court. • ,
8. To duty. W~omPtb and fully p~riw~n, d'nclur~e, ex+cu~i. ~ff~ct, oonpl~t~, oomplY with a~d ~Wd~ by ~ad~ and w+ry fIN stipubtio~u. ~pn~nwnb.
co~d~~ioru .rd oove~.nn ~n aaid pranhsory nor~ and rhis To.ryay~ a~ fw~h. ' •
9. TMt in th~ ~veM th~ ovvr~ship of the mort9+~d Pren?pe~ o~ +eY P+rt tFierwf. b~co~s wsNd b a p~ran otl+M tMn th~ MORTGAGOR. flr
MORTGAGEE, in wcoeuas and ~ssip% m~y, without no~ice to tfie MOItTGAOR, dNl with wcl~ woo~er a lua~twr in Im~rat with ~~~nu ro tl~
mortgape and the deW heteby secured in th~ same msmer u with Mort~apw without h any way vhiNMp a dhclw~inp th~ Mort~+pa~' IiaM~1~Y Iw?
under or upon the debt hereby seaired. No sale of the premises hc~cby moAps~ed +nd no forb~xano~ an 11r put of th~ MORTGAGEE or ib aiooeuon
or assig~ and no exter~sion of the time for tla p+yment of the debt hercbp secured qiwo by th~. AIIORTGAGEE or iM ~ucaa~ors a asipnb d++ll op~raN }
ro relesse, disdwr~e, modify ch~rge or ~ffecr ths oriyin+l Itabitiry of tM MORTGAGOR haw1, ~itMr in whob w in part. ~
10. h h specifiully agreed that tim~ is of tM euence of this ooNract and that ra wi1vN of any ablipation Mnunder or of fh~ oblip~tbn N~
cured h~reby sMQ at ~ny tim~ thereahar be held to be s waiver of the tKms her~of a of the MstrunwM ~cw~d h~tby - ~
11. In addition to the forego:ng monthly payments of princ:pal a~d interest ?equirod by the pran'~s~w~l not~ aecvnd hereby, mortppor oov~n~Ms
a~d agcees to p~y to mortgagee with each monthlY psyment an addi~anal wm estimated by mortp~ to b~ pud to 1/14 d t!N amual oat of th~ follovw ~
ing:
A-All re~l property taxes levied a assessed agair~st the sbove da~ibed real esbte. i
B-Premiums on fire and windstwm insurance u herein requu~d M be carried on tM improv~nM sitwt~ oe the abov~ davlMd Pr~nSNt. j
C-Premiums on wch mort9sge 9wranty insurance as mortgsgee shall from time to tim~ de~en fit to urry on th~ ban ~swnd Mr~by. ~
' Nlortgsgee shall from time to time norify mortgagor in writir?p of the amount due and p~y~bl~ Mrwndsr ~nd wch sum shdl tMnupon b~ dw and ~
j Fayable on the due date of the next monthly payment ~nd each s~ccessive month thereshar until mortpaye~ sh~ll notify mortpapor of • chanp~ in wcf~
j amounT. SuCFI wrns shall be ~pplied by mwtgagea toward the payment of rul prop~rty taaes. &avrma premivms, and morfpap~ pwr~nfp lmwana
E oremiums.
! IN WITNESS WHEREOF, the ~aid MORTGAGOR h+s hereumo set his hsnd ~nd ~sal th~ d~y a~d YNr fkst aforaa~d.
t i n d. S~aled and elhrer (n tM prese~ce of: ~ s~'2iGs~ •
i ~
. •
n-
~n
rs..n
STATE OF fLORIDA 1
courm oF St. Lucie ~
~f,~. p.,,o,~,iiy Ro 1 en d B N i cho 1 son .~a
~ RA~]Rt~'1 S, Ni ehnlaon tas wife, w m. ~II k~+ow~+ +~a k~ww~ +o m. w b.
the individwb desvib~d in ~nd who ex~wted ths forpoirg LtstnwnKM, and ~d~nowlulp~d b~fon mt th~t tMy ex~wbd th~ sarne fw th~ pwpwa
therein .~..a. Ma Elieabeth S. Nieholson
W;f~ ,f ,h, „id Roland B. Nichol9on • ~po„ , ,.P...r..nd P,h,,,.
examinsYan by me tsken separate and apan fran her aid hwband, acknowledped to and b~fon me that sh~ e~ncuted t+id imt?um~nt ke~ly +nd volw~ 4
ra~ily u~d witbout any compubion, cautraint. MPrel+s~sioA, ot fw of a from her sald Iwrsband. .
WITNESS my hand and offiwl ssal this day of /1. D. 19~
~
~ Notary PvWk In and fw t!N Sa» of Horid~ at lsr~
Retum To: ~~~t~~;;c::tt~~~
k'^ Mr Conr~wsion ~xpins`
. ~ s~! Of F~011ai ~ ~
F~~t wa«,~ s~• a~ ~..«s.~~, „=~~•~`~C~~;;';; Netw P~• 23 1969
Of Fort Pllfce. L~ • ' : ~ • .
0
ANt~`~~F~~EUED . -'~'~•:v•• : ~ b...... ~r. A Gw~l~ si.
~Q r~
FILE ~ : ~ ~
S7. LUCIE COUhTY. FLA. - = • ' = . " ' °
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= r ~ O ~ ,Y j: ~'4r' !
R~CORD VERI~IEO _ J'~~ c~~: .
155433 ~ y''•• ' - : = .
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' Y ~'••i..i~~~ ..;~i ` . -
'67 ' 'f 2 P . ~ ; s . .
5 3.34
eZ~=~
s. .~L,~°a~S
CLERK CIRCL'!T COURT ; . : ,
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~166 ~14~ . ~ } .
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