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HomeMy WebLinkAbout1548 Io plaa and oontiiwotnly kap on tM buildkpt now or ht?eshp wtwN on s~id bnd tm! on ~11 Wuip~wiM ad PK~o^~I~p oov~~d bY ~~q' +p~. with aN pnmiwm tF~uwn paid in fuq, f'u~ insw~nu tn ~M uswi saniard potky form. M ~ swn app~owd by tM N?ORTGAGEE. ~nd wMdqorm ~u 4uwana in N~ uswl sand+rd policl? fa~n. in • swn approwd b1? tM N10kTCsAGEE. in wd~ canP+^Y ot oo~nP+~i~s a th~ MORTGA~iEE n++Y di..dr and all fin a?d wNxl~arn? inaur~na polici~s on any of ssid buildinp~, +nY u+t~N tMnin w pnt th~.wf. in tM app.p~a ~wn atoraNd or In ucaa th~nof, ~hall aontain r!w uswl sqnd+rd mort9~ d«n~ a wch aha dauN a tht Morq+pN m+1? nquin. m+kM'0 tM lo~ w'd~ w'd pot~ ciss. ~sth and wuy. WY~bM to ~aM MORTGAGEE ~s ib interest nwy ~pp~ar. and tath and wKy wcb po~k11 aMll b~ ptompth ~ss~9^~d and dtlivK~d W any Mld by wid MORTGAGEE ai furthK setv~ity ro ssid morty+~ d~W. aed. nol laa tMn t~n li~ days tn advaeo~ of th~ ~xPk~tion of Mch PoIkY. 1o dt liw? ro wid MORTGAf'sEE a rMSwal thKwf. top~tMr with + nuiM fa tM Pnmium of wch nnew+b ~d tix~ sMll M ~o Pin a winds~am irowana pisced oe any of s~W bvild'ugs, a~y im~.at thenin or pan tMr~of. ueless io ~M fan~ uid with tM tou p~yabb a afa~idr aK! In tM ~wm ~ny wm of nwn~y beconwt p+y+W~ w~ wch polky w policies s~ed MORTGAGEE sh+l1 haw the option a haiw ~nd ~pply Nw s~rt~ on ~ccount of tM Ind~btd~ raas s~cw~d Mnby a a p~rmit s~fd MORTGAGORS to naeiw ~nd uN h a~ny parl tMred for otha pwpos~s. wi~hovt tMnby waivGq w~rnp+h~ ~r~y anY ~4~+~b. lia~ or riph~ w+da or by virtw o~ this morty+~: ~nd in tM ~wet ~aid AAORTGAGORS ~hall fa ~n~? n~wn fail w k~ep tM s~id premises ~o insured, or f~tl to delive~ pranptN e?y of said polici~s of Gauwna to ~+id 11IlORTGAGEE, a fsil p?anptly to p~r fully ~ny pnmiwn tMr.`or w i~ ~^p respect fail q pKfann, dischar~. uc~a+te. ~ff~et, complNe. oomply w1t1~ +nd ~bid~ pY tM~ eown~^t. a My prrt Mhof. ~+~d MORTGJIGEE m+y p1ao~ aad futl famount of ~sd? and twry w~d~ p~ymNn shdl M ~inrm~diat~h dw~and piy~abl~ and sMl~b~wr htt ~ ftom th~ d~t~ tMr~off ~ pNdro~tM~ of n~ne p~r ca+twn pu anrwm uwJ toyetha wi~h wth Intaest sMll b~ s~cv?td by th~ li~n of thb mottp+p~. 1. To p~rmN, aomedt or wff~r no wutR. imp+kment w detKiowtion of wid propKty w any p~rt tlwnof• S. To p~y ~11 and sMqular tM coats, ch~s M+d ~xp~n~es„ Gxludhg • na~awbb at~arr»y'a fN ~nd ooqs o# ab~trada of tMl~, M~axnd w p~id at any tims by said MORTGAGEE. b~ea~ w in tl» w~r?t of tM f~ilw~ on tlr pHt of tM sald MORTGAGOR /e duly. proenPtb ~nd (~?Ily pafonn. dyeharp~ execut~. ~ff~et. oomPkM. ~Ph~ w~*h snd ab~da by .xh aod ewry ~hs sttq,lanoeu, pr.enwon. eondi~tar. •nd oowa~on of uid promissory non .nd tha morty+pe +nY or eitha. ud said cosM, dwp~s +~+d exp~ra~s, ~ach and wKy, sh~ll b~ Mw~ediatdr dw a~d payabl~t wMtMr a not tMr~ M ~?otia dr mand. ~ttempi to oollett o~ wif ~~di~ and th~ futl xnouot of sach and ew?Y ~ P~Y~t ~MII bea~ htKat hon+ th~ d+tt Mwrwf until pald tl th~ rere of niew per centum per annum; +nd all ~aid oosn, dwpes and expe~s~s inowrd o? paid. wp~t1+K with wd~ M+tu~st. tl~dl b~ ww'~d b'f~ tlr li~n of thi~ mort9ap~- . 6. Th~t ~ the ~wr+t of ayr br~ach of thit Mortpap~ or d~hvlt on tlr put of the N~ORTGAGOR, or (b) in th~ w~nt of wid wn» of mon~f herein ~~fs.r~d to be rat promptly and fully psid within thiny (30) days next afla th~ sam~ s~vually brcan~ dw and p~yaWe, wlthout d~m+nd w notla. or {c) in tM wa+t sach and ~very tM stipulatiorn, ~ynana~ts, condi~iau u~d oown~nts of s~id prornissory ~ot~ +od thi~ maq+W MMI a ~t1M? ~n ^a iuly. P?omPHY and fu~y p~.form~d. disd+~rqed, ~x~tvtsd. tffeded. canPl~ted. complisd with and abided ry, th~n in ~itMr w aiy wd? w~n1 tM asid p~ gregate wm m~ntionad in said promiuory not~ then remainin~ unpaid, with Interat acuusd, ~nd all moMyt Mtwrd.lf~sby. ~11 b~oortw dw ~nd pslh eble forthwith, a thereafia, at the option of ~aid MORTGAGEQ ~s fully ~+d canpbl~ly as if ~II of tM s+id wnr of moe~y w~?~ orqtna~lY stipulated ~ ?o trs p.~d on svd? day, any~hirg in said p+omiu«Y ~+ore o? in this Mortps~e to th~ contruy notwi~Mtandinpr ud fhK~upon a th~n+ftK af tlw option of ; seid MORTGAGEE, witlaut notia or demand, wit ~t law or in pvity, tMr~fon a tMrNftK bpue~, a~r M paMaubd M{f atl moety~ Nound Mr~by had mahrted prior lo iq Institution. 7. ihat in tlr went that at the beqinninp of or at any tim~ panclinp soy wit upon thb Mafpap~, or to for~cloM k, a b nionn h, o~ fo ~nfora PaYment of any d~ims htreurder. s+id MORTGAGEE shall sppty to the Cou?t h~vieg jwisdid'an tMnof fw tA~ ~ppou+lmNit of ~ R~eilwt. wth Cou~t sh~ll Forfhwith ~ppoint s nc~ivu of sa' mort9aped propertlr a!1 and sirgvla?. t~cludug ~II and sirpvlar tM Inoorr~ pofit~. bM+a +nd nw~ue! ftom wMt~wr ~urce derived. each and every o~which, it beinp expreuly understood, is I+~reby mortq~ed q ff ~p~tifially ~N forth and danlMd In fhi ~ra?tlnp and . habendum dawes I+erwf, u?d such Reoeiver shall Mve all the brosd ~nd effectivs functtom ~nd pow~n ~ anyw4~ ~nbust~d bY ~ Court p a R~o~iv~r, and :uch appointmenl ~I?all b~ maJe by wch Caxt ai sn admitted equity ind ~ man~r of `absolut~ ripht fo Mid MORTGAGEE, and wtthout nfK~na to tM edequxy w in~dequacy of th~ wlue of the properry mortya~ed w ro the sohency w in~olwncY of u1d MORT~3AGOR er fM d~fMd+^ff. +^d d?+t wch rents. Profits. M~oona, iuues snd revenues shsll b~ applid by such R~ceiver acaordup to th~ U~n w puity of wid MORtGAGEE and th~ practia of such Court. t 8. To dub. P~~Pty ~nd fulh Perfwm, dncl~r~e, execute. effect, canPkte, oompl~/ wlth ud abtd~ by Nch and w~ty tM sHpu~+tioM, ~pn~e~wMt+ i conditions snd oovenaori in said promissory ~at~ and this morty~ye tet forth. . . ; 9. TFwt le th~ eveet tl+e o~wnership of the mortpped prsmaes, a Niy paA N~enwf, beaomss wat~d in a p~non oMn th~n the MORTGAGOR. f!» ; MORTGAGEE, Ns successors and sss~~s, may, vrithout notice to the MORTGAOR, deat with wch wons~er w~uaMSOr in intapt with nfa~na to thb ~ mortgpe and the debt hereby secvred in ths sams msnner as ~th Mortgapor withow in any way vitiatinp a d'isd~uqiny th~ Mort9+pors' Ibbiliry Fwr? # under or ~pon the debt heteby setured. No tale of th~ premise~ I+ereby morlg+ped and no fwMsr~ on M~ part of th~ MORTGAGEE a Its woo~san ! or assigro snd ra extension of the time fa the paymem of the debf hereby secvred yiwn by tM MORTGAGEE or ifs woas~ors or asaipM, ~!1 opM+f~ ~ ~ ro release, discMrye, modify chang~ or affact tFK orginal lisbility of tM MORiGAGOR h~r~wy ~ither in wlwb or in put. 10. It is spedfically agreed that Y~me b of the essence of this contr~ct ~nd tiwt no waiw? of a~y obliQation MrwndK or of th~ oblfp~tion w- # cured hereby shall st ~ny time thereaher be held to be ~ waiver of the ter~ro h~rwf a of tlr instrvmsm ~ecw~d Iwrby. ~ 11. I~ addition to the fwego:ng monthly psYments of p?inc:psl and interest requ'aed by the promisawy not~ secw~d Mreby, mortpapor oownanb ; and agrees to pay to mortgagee with each monthlY paYmeet ~n sdditional wm estimat~d by mortysy~s fo be aqwl to 1/12 of ths u+nual ooat of th~ fotbw- ~ ing: i A-All real property taxes kvied or assessed against the above dewibed resl estate. B-Premiums on fire and windstorm irutrrantt as herein requirod to be tarried on the improwmenM sitwt~ on tM ~bow dquibld p~NaiNa. ' ~ C-Premiums on wch mort9sge 9wrartty inwrsnce as mortg~gee shsll from fime ro time deem fit fo urry on the (o~n ~ewred h~reby. k Mort9agee shall from time to timc notify mortgagor in writinp of the amount due and psyable Mreunder and wd? Wm shall tMrwpon b~ dw ~ed i ~ payable on the due date of the next monthly payme~t and each succeuive month thercafte~ until mortyayee sh~ll notify mortgagor of • thanp~ 1n wd+ i amount. Such sums shall be applied by mortgagee towsrd the p+yrnent of nsl propaty taxes, inwr~nc~ praniwru. and matpp~ ~varMtp insw~nc~ ~ i premiums. f IN WITNESS WHFREOf, the said MORTGAGOR hss hcre~nto sef his hand snd seal th~ day and y~ar fint aforpaid. ~ I~d and delivsred the of: ~ ~ n ~ ~ n i n..Q f ~..n ~ 4 STATE OF FLORIDA ~ t courmoF St_ Lucie i ~~e ~„o,~,~w A 1 len W Be rg4 t rom a„a S a r g h E_ Be rQ 9 t I'DID his wife, w m~ vr~ll krawn and known to rM to b~ rhe individuab desuibed in and w!?o executed the fore9oeg &~stn~M, and ack~awledped b~for~ m~ fhat tFwy ~xecuted th~ s~m~ for tM purposes therein.~..~a. Ma rh...~, Sarah E. Bergstrom • v.ife ot Tt» .+~a Allen W . AerQs trom - , „Po~, , ,.p...~• ~t~?a. ; ia examinatan by ms taken sep~nte and apart from he? uid acknowledped to ~nd befo~s nN that sh~ exaM~d said i~utrunent frsely ~nd volwr ~ tar~Iy and withoot any oompulsion, constraint. ~pprelNrwion,~~of or fram ha wid iwsband. ~ WITNESS my hand and officisl ssal th~ a~ ' day of M8 A. D. 19~ ~ ~ .~D . _ i N«,r,, Pubtic in .na fo. th. St.a of Fb.id. .t 1.~. My co~.ston ~~wr.~~ PI~6Gt. Stit! ~1 Floride at (srqe Retum Ta ~ Fint Fedaral Savirgs 6 Loan /lssocistion ~ ~~Pj~ ,~4r~ 3,~ ~9 Of Fort Pierce. ti' ;qoaK ro?r P~~, fb.~da FILEO AND RECOROE~D 3 G°J~~~'.-~ `fl , . ST. LUCIE COUMTY. Ft.A• ~ RECORD VERIFIED _ _ ~K r.l A ~ - - ~ 1a~3~?~QS _ ~ ~ ~ v ~ 2 39 't '6T MAY 29 PN ~ - .v ~ . r,.~~~°~~~ : j' TP.i~CJ ',,`'!v~l. ~t','• kOoEt? r 01 - . CLERK CIRCUIT COlJ~t'l~ - t _ ° R 16~ P~~154 ' - ~ ~ . ; ~ ~ ~ _ > - - aaox _ ~j - - ~ x - - ~