HomeMy WebLinkAbout2041 To plaa and aontim+oush ~P on th~ buildinps now w hKeaftK ut+,aN on s~id land ~nd on dl p~~t ~nd P~~h? oownd b1? 1hf~ narl~
~p~, with all prwniwn~ tM«on p+id in tull, tin i~wuic~ in tM uaual s~u~da~d policy fam. N a swn approwd bY tM MORTGAGEE. and wi~d~wrm
in~w~na in tlw wwl sund~rd pdic~? fonn, in ~ wm approwd by ~Fw M~OItTW?GEE. in such oon+p~ny w aompania a th~ MORiGAGEE in+y
dtnc?~ ~nd all Rn ~nd wi~+d~~wm i~awa~a policHS on ~ny of s~id bui~d~np~. ~+y Mt~.at ~~in w part tMrwf. in th~ app~pa~ ~wn ~fora+W a
In ~xaw tMnof. ~+Ii aontain tM usual a+ndud ma~q+~ cla~n~ or wcb wha daus~ as tM Mat9+pN rewy. nquin. n~kH~p tM las w+dM said pol}
cia. ~ach and w~y. WY~b1~ W s~W MORTGAGEE +s ib interest may ~pp~a?. and esch and ~wry such policy ~hall b~ pranptly ui.yiwd ~nd ddiwrd ~o i
any h~W by wid MORTGAGEE a funhN secwity ro aW mor~~~ dsbt. ud. oot I~ss th~n ta? l10) days ie advsna of tM ~xpir~tio~ of ~ach Po1k1?. w d~ ~
liwr to Nid MORTGAGEE • r~wal tMnof, topHMr with • ret~ipt for tM ptmium of wch ren~walt and tMn sh+ll b~ no fin w winditam iiawanc~
pl~tld 011 M1y Of Mid ~IWklp~, My G1f0+fif fAKfif1 Of pi~f fhNlO;, vnleu in dr fo~ and wi~h tM loss payaW~ a ~(o.~saldr and h tM ~wM ~ny wen
o{ ~r ~p~ p~y~ ~~h policy or polici~s said MORTGAGEE sMll Mw tM opYan to naiw and ~pply tM s~ a+ +ccow~l of tM tndebt~d'
n~u wcw~d Iwnby p p pKn+it s~id MORTGAGORS ro reoeiw u~d us~ h a any part thereof for otl~er pwposes, without thaeb~ waivinp o~ imp+ia
hq ~nY puity. li~n ar ripht ~nde~ o? by virtw of this mortyap~t +nd in th~ ~va+t aid MORiGAGORS sh~ll fa ~ny rtaaon fsil W k~ap tM Nid pr«nisa w
inwrd. w fatl 10 ~Mliwr P~~P~N ~Y of said policies of insurance ro said IYIORTGAGEE, w fsil pranP~N ~ WY wly a~y p~Nniwo tMr~for a h sny
r~spat fait b pafarn~, d'ach+?p~. ~x~cutq ~ffict. comPl~te. comply with ~nd ~bid~ by this aovenaet. or sny pwt hKwf, ~aid MORTGAGEE nwy pl+o~ +~+d ;
WY fw wd~ Yrvranc~ or ar~ p+A tMnof without w~ivi~+p ar ~ff~dinp ~nr oplion. U~n. ~4uit1?. w ripht urdM or by vinw of this Mortp+~. and the y
fvll amowq of e~d~ and way sueh paym~nt shsll b~ ien~nsdi+tdY di+~ +^c! Wy+b~e +^d +h+ll bNr intKest fran th~ d~q theraof unHl piid at tht ah ot ;
n~ns pa qntum p~r aixwm and to~th~? with wch ieeerest sh+ll be s~cvred by th~ li~n of thts mort~pe. ~
4. To p~rmit. aommit a wff~r no wasN, knP+irn~?t o? deteriorarion of wid properry w ~ny ~rt thenof.
S. To pay all and ~Ir tM oops, charpe~ and expens~~, k?dvdirg ~re+son+ble +tro.ney's ik snd own of abstrxls~ o~.~
any tim~ by Kid MORTGAGEE, Mtws~ ot in 1Fr ~wnt of the faitwe on tFK of ~M utd MORTGAGOR w duly, pranp ly ~
execw~, ~ff~a. oanPt~t~. aomplY with and ab~de bY ead~ snd wery the stipvlatiaa. agreemeros. oonditwn~. ~nd aow+?~na of said promiswry not~ and thi~ ;
mw?yap~ +nY a~itM?. a~d ~+id oosa. d~uyes and ~apenses. ~sch and ~wry, sh+ll b~ irr~mediately dw u+d pay~bl~t wMtlwr or not tMr~ b~ notia dr ~
mand. ~ihmpt to oolbet or wh pwidinpt a~d the ivll arewunt of ~ath and ewry wth p~Yme^t shall bsa~ int~nst fran tM d~N tMnof unHi paid tl tM !
?ere of nir~ p~? antum pK urwnv and all ~afd oosn, chuges and expenaes irKwnd or paid. ~op~tl+er wirh wcfi intw~st. ~11 b~ aour~al bp th~ li~n of Ma i
mortpp~, ~ ~ t
6. 1'Mf in fh~ ~wM of aoy breach of M~ Mortya~ or default oe ths pan of the MORTGAGOR, a(b) in ths ~wnf any of wid w~ro of nwMY 4
her~in nhn~d ro b~ not promptly ~nd fully p~id within thirty (30) days next sfter the same severally bcam dw u~d payabb. witlaut d~enand w notia. .
or tn tlw ~wm ~sch ~nd ~wry th~ sKpulation~ spreem~nn, c«dirions u~d cov~nann d ssid prani:swy nob and tA~ mort~ap~ anr at tithK ut no1 ~
iuty, ProMptb and fulb PKforn»d, disd+arpad. ~xecvbd. ~ffected. compbtad. ramplied with N+d sbided by. tMn h~itMr a u~y wcA wad th~ said ~
prey~» swn mentiorNd in said promisiory ~ote then remaininp u~paid. with It~tt(fit KUUld• afld all rnon~y~ ~cw~d. henby, shdl b~oan~ dw ~nd P+Y~ ~
abl~ forthwitl~, or thueaftu, at tM option of ssid MORTGAGEE, u f~ily snd compktey as if all of th~ s~id sun~a of nwMy vr~n aipindlp stipvbttd
ro b~ psid an wch daY, a~+rth1~+0. in said promisso?y noro or in ihis Morr9aye ro tM contr.ry norwitMt~ndinpr •nd tM..upon w Nwr.afr.r a~ rh. oprion of
•aid MORTGACsEE, without notio~ or dam~nd. wit at law or in equity, therefore o~ thereafter b~p~n~, m~r b~ proNCVt~d a ff~It nweNys pow~d Iwreby
h~d matund piar ro iri institution.
7, Thaf in tM w+nt tMt at tM b~innkg of or st u?y tirn~ pendiny sny wit upon this Mo.t~ape, w fo lonclw~ h, or to nfoan M, w fo ~nfwp
payment of any daiens Mr~w~der. said MORTGAGEE si++ll apply to the Coun having j~risdKr'wn thenof tor tlw appointnwnt of a R~uiw~, axh Couh sMll
fwthwith ~ppolnt s npiwr of sai~ mwtpaped property all and :iogvlar, indudm9 all snd sinpulu tM intome, profin, itsws ~nd r~wews fran wMtwN
wurc~ d~riwd ~xh and ~wry o# wh~ch. h bcinp ~xprculy unde~stood, is hereby mortgaged as if sp~dfiully set fath and dNCrib~d In thi prantinp and
hab~nclum Naw~s Iw~of. a+d wch Reoelwr ahall luve ~II the brosd and effeaive funct~ns and pow~rs in anywit~ a~trusttd by a Court tp ~ Rla1wr. ~nd
•uch ~ppointemnt iMll b~ m+d~ by wch Cwrt as ~n admitted equity and a mattet of absolut~ ripht to satd Mt~RTGAGEE, ~xd without nfenno~ b tl»
adpvacy a M~d~quicy of tM valu~ of th~ propsrty mortg+yed a to the sohrency a insolwncy of said MWtTGAGOR a Nr d~f~nd+ms. +nd th+t wch
ren». profits, tncon~, ~~nd nvenues sMll b~ applied by such Reoeire? accordinp to th~ lien or puity of s~id MORiGAGEE and tM praetia~ of wch
Court. .
8. To duly. P~Pth ~~Y P~~• execute, effeet, oanplete. comP~Y with ~nd abid~ b1? ~ac1~ and ~rY th~ stipul~tioew. ap?N~nMt4 ?
conditiom and eov~n~nri in s~id pran(sso?Y ~ote and this rtwrtyage set fwth. ' t
9. Th~t in fh~ ~wrN the ovvrwship of the mortgaped premises, o? ~iy part N~ereof, beoo.nes v~std in a PK~ otMr 1h~n th~ MORTGAGOR. tM
MORTGAGEE, Ns wocawrs and assipm, msY. witFaut notice to the MORTGAOR, deal with such suoawor w~uoasfw in iMaat with ~a~na to thb.
monpp~ and th~ debt Mr~by secw~d h th~ wns msn~er u with Mwtgagor wifhovt in ~ny way vitistinp o? disdwryi^0 t1w MoAy+poa~ li~btl'~ty 1»n-
under w upon tM d~bt h~nby secwed. No s+l~ of the Rremises i~creby mortgaged and no fwb~ar~na on th~ put of th~ MORTGAGEE or 1» wao~uon
o~ ~uipM and no ~xtMSion Of the tims for the payment of the debt hereby sen+red yiwn by ths MORTGAGEE or its wcas~oa or a~ipes, a11a11 op~raf~
to nl~a~, darJwrye. modify d»np~ or affect ths orig'uul lisbifity of the MORTGAGOR her~in, ~ither 8~ wFwl~ o? M part.
10. N-b spKiftutly ap~d tMt Y~me is of the esscnce of this eor?t.act and that no waiwr of ~ny oblip~tion F~wnd~r o? of Hw obllpation ~r ~
, cund Mnby tMll ~t any tkn~ thereah~r M held to be s waiva of the t~rms herwf or of the iratrwnent s~cw~d Mrby.
11. In ~ddition to th~ forpo:og moothly payments of princ:paf and interest required by ttie promissory note aecur~d hereby, mwtpagor oowna+~b
and ~yrses to pay to mortpa9ee with esch monthly payment sn additional sum estimated by matgsyee to be equal t0 1/12 of th~ amual oost of tM fdlow-
ir.~:
A-All rsal property tsxes levied or auessed against the above desuibed real estate.
4 B-Premiums on firo and windtlorm inwrance as Frore~n requ~red to be urried o~ the improvem~++n sitva» on t!r ~bove dsw~d pr~n~s.
~ C-Premiums on auth mortysy~ puaranry inwr~nce as mortgagee shall from teme to time deem fit to urry on tM twn setur~d Fwr~by. ~
Mortys~ee sha0 from time ro time notify rtartgagor in wr~t~ng of the amount due and payable here~nder a~d wch wm slwll tF~treup~on b~ dw +nd i
~ payable on ths due date of the next monthly payment and each suecessive month thereaher until mortysgee skall notify mortgsgo~ of a chanp~ ln such i
` amount. Such sums shall be applied by mwtyagce toward tFK payment of real property taxes, inwruxe prem:wru, and mat~ape pwraMy insur~
E! premi~ms.
` IN WITNESS WHEREOF, the said MORT6AGOR has hereunto set his hand and se+l the day ~nd fint
` ~
~~1~ °f: n
_ ,
~
1.~~~',w _
~ ~--n
STATE OF FLORIDA ~
cour~m oF 3t. Luai• ~
d,~. ~,p„~y ,pp.,r.d gdvard P ConQd~n ,~a
~•~tt.i ~ A~ (!env~lnt~ hi. wtfe, w me wall k~wwn and known ~o nM to b~
rhe ind'rvidwb d~st?ibd ln and who ~x~wted ths foreyoinp instrtKnsnt. and ackrwwkdyed befots rtr th~t NKy tx~wted the ssrt~e for tFN pu?poas
rix~e~~ .xa.ss.d. Md rti. s.td Letti• H` Cnngd~n -
w;r. ~ ~.~.~ara P. C~rigdnn • . ~ ...~...r. .~d ~m
ex~mination by m~ taken ~ep~a» snd ~p+rt kom l~er said nd. ~cknowledged ro and b~fon me tFwt she exea?ted said irotrument hs~ly7M+d volw~-
rarily «+d without +nY oor^p+blon, caatraint. +ppreF~er?sion,~fear of or frvm hsr ~aid twsb~nd. L.~
WITNE55 my h+rd a~d officiai ~1 thK day of A. D. 19~..L_.
• Notary Publit in and for tM Stat~ t~F Hwida at Lsr~
RNwn Ta.
~ My ~uY ~K. Sbf! J~ AOfl~i ~t '
Finr F~dKa1 SavLgs a loan /lswciarion ~Y ~mRlissbn E~r '
of F«+ P~..a- FtLEO ANO RECOROED 3,,1969
vb.~, Fb.~a. ST. LUCIE COUNTY. Fl-~?• -`"`a"~°~~•.
vER1F1E0 ; ~r,i
RECORD .~b..........., = .
~ : ~.~v
156883 • • : „i :
~ + 12 AN 10:.03 . _ • . -r c„
6T JUN /r - -r '
~ ~ ~~'~`'g~ : ~ • .
t~o?:~
:
;,ER ~'OITRAS ~l • • •
RO ~
CLERK CIRCUIT COURT - ~ ~
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~ eaorc~~ ~2~ .
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