HomeMy WebLinkAbout2150 ~ - ,
To pba ~nd oankNwu~lY k~P on th~ buildinps now a l~~ahK ~twh on wid t~nd snd on ~U ~qulpmMt ~nd p~rwndh cowrsd bY tNs ~no~~P
p~, with aN pnnwmN tMna+ p~id in f~14 fin inswanu in tFn ~nwl itu+dard Po1k1? fam. in • swn ~pprowd bp th~ MORTGAGEE. ~ed windqwm
kawanp In tM wwl tt~d policy fam, in • swn ~pprowd by tM MORTt3AGEE. N wch aaeP+ny w oo~n~aniM M th~ MORTGA~iEE ~1?
dindj and ~H Hr~ u~d wNdNOrn~ i~awana polkies on +nY of aid buildieq~, any tnNn~t Mu~in o~ pat tMnoi. in 11» appreyaN swn ~fa~MW or
i~ ~xa~t ~Mrwf, ~MII cantain th~ wwl stuwiard mor~y+~+ cla~ a wd~ al~ dwN a tM Mo.tp+pM ~y hquin. nwkinp tM loss wwl~ s~id polh
NN. ~Kh and ~vMy. WYabb 1o Mid 1NORTG/1GEE q ib iMetest miy app~ar. ~nd tatA and ~vNy ttrc~ P~k1? ~++11 b~ prOropN11 asi~pn~d ~nd d~liw?~d W
~nr Mld by s~W MORTGJ?GEE a furthM tecwity to s~id mortyap~ dtbt. and na ku than t~ (10) days in advaea of tM ~xpk~tion of Nch Polk1?. w dr
(iwr b wid MORTGAI`sEE • nMwal Nwnof. top~~Mr wi~h s nu:pt for th~ premiwn of wd~ ~~e+~waij and tl~ ~11 b~ no fin a wind~~am insw~+a
pl~ad on ~ny of ~aid bvildinp~, any intKat Ma~in w part tMrwf, w?teas in ~M fom? ~nd with d~ lou pay~We ss afons~tdr ~rd in tM ~weh any swn
of nan~y Mcana p~YaW~ wda wch polky a pdici~s said 1NORTGAGEE shail h~w ~M option ro naiw and apply tM wm on acaount of tM ir~bqd- ~
rnu Ncvnd hK~ w~o pwn+it ~aW MORTGAGORS 1o noeiw and ua~ h w any psrt H+ereof fa othe? purpose~. wiN~oW Ha.•by waivinp a imp+k-
~^C +^Y ~b. li~n or ripht u~nd~r w b~? vktu~ of thi~ mortpspst u~d in tM ~vs~t wid MORTGAGORS th~li for~aMl ~+ton 1~i1 to k~ep tM said pnmisM ~o
4Kw~d, w fdl b d~livK pra~y~tl~? ~ny of said policies of inswanu to s~W MORTGAGEE. w fsil prompty 1o p~Y fuily +ny Premlwn tl+er~far w in ~nr ;
nip~c~ fNl ro p~rforn~, d'istMrp~. ~cacvt~. ~ff~d; oompl~te. aomPN wi~h and ~bitM by this tova~ant, w a+y put I+anof. s~id MORTGAGEE m~y pl~u +od '
WY for wd~ imwano~ or aMr pwt tMnof withoW waivirg or aff~cHnp +nY cWion, li~n. pvit~?. w~iphf w~d~r w bY rktw of thk Matpsp~. ~nd th~ i
fuil amowN of ..ch and wuy wd~ paym.m ~h.lt b. ~nn,.diat.y du. and p.rabl. ~nd sh~i) bNr intuest frpn HM daN f~ w?til p~id tl fIN riN ol 1
nirr pa qntwn pK annwn and toyNher with wth intaesr ihaU b~ aecvrtd by tiN ti~n of fhis mort~ap~. ~
1. To pKnJl, oannit ar wffw no wast~. Mnp~kmMt or detKioration of said propKty or any p~?t therwf.
S. To pay ~II ~nd ~M~ular th~ oos~s, dwq~a ~nd ~xp~, i~cludinp a nawn~bM ~ttorney's he and aosts of ab~tracM of Htb, incwr~d or paid at
sny tinw by ~aid MORT(~AGEE, b~cau~ a in th~ w~nt of the failws on iM put of the sdd MORTGAGOR w duly. p~ompNp ~nd fvlly p~rforeA, diuha~q~
~x~cvt~. ~ff~e. ooa~pl~M. aomp~Y wiih and abid~ bp Nch ~nd every ihs stip~lationf, apre~n~MS. condiNwr. ud aown~nM of uid prom1swry not~ ~nd thi~
mortp+p~ a+Y a~itAw. ~nd ud oosa. dwp~s +~+d ~xpens~s, sach and ~vsry. sh~11 b~ immediatety due ud p~ysb~r wMrh~r or not tMr+ b noria d?
n++nd. atNnpt to edNct a wit pu~da~y~ and tM full arnou~t of each and wery wch payment shatl bsu iM~nst han tM daa tlwr~of u~til paid ~t th~
r~» of ~ pK antwn p~r ~nwmt Md all iaid ewM, d~a~aes and exp~nses incwnd or p~~d. top~tMr with wd~ Inta~~t. dwll b~ wwnd by thr IiM of tAb
ma~p+pw .
6. '(h~t W ln th~ ~wM of any br~ath of this AAatgsp~ w defavlt on th~ part of th~ AAOR?GAGOR. o? lb) in tM ~wet of sald sunK of nwn~y
M:•Nn n{~rnd to b~ not prompty and fuly p~id within thirty (30) days nexl afte? the sairr severslty b~cam dw ~nd paraW~, withoW J~eMnd w notia.
w W In th~ ~wm ~aeh aid ewry tM stipvlatwns. +9reernants. conditioi+s ~nd coveMnts of s+id promiswry not~ uid thif mortp+p~ a~ftMr ~n no1
iu~Y. P?~P~Y and fully pKfan~d, d'uch~rped. ~xecvted. effected. compl~ted. oomplied with and abided by, tMn tn ~itMr ar any wd~ ~wnt 1h~ uid ~p
prspat~ wm m~tioMd in said p?omissory rwt~ tMn ranaininp unpaid, with inter~it acuued. ~+d sll moeeys wax~d. Mnby. sh~ll b~oomt dw and p~Y
~b1~ fonhwith„ or M~re~fiM. ~t Me option of said MORTGACEE, u fully and compl~~*hr a if atl of the s+id sunn of mawy wen aginally ~tip~lated
ro 1» piid on wd+ d~y. ~nytNnp in said promiasay oot~ or in this Mwtyage to tM contruy notwitMand'ugt a~d tMrMrpon a th~nah~r at th~ op~ion of
uid MORTGA~3EE, without notio~ w dwnand, wit at law a in pvity, thereFon or thKeaft~r bs9un, m~Y a W'o~u+t~d a~ If dl moe~rs sKUr~d h~nby
h~d rhi11M~ pllOf t0 iti inttitYtiOB. - . '
Th~t in tM ~vent that at tM b~pinninp of or at sny time pendiny any wit vpon this Mortpsp~. a to 1or~eloN h, a w nfonn M, a to ~nfora
payn~nt of any daie~ hK~der. wid MORTGAGEE shall apply to the Carrt hsving jurisdittion therwf for tht ~ppointm~e~t of ~ R~w?. iuth Go~rt sh~ll
futhwith ~ppotnt ~ raoeiwr of ut~ mortp~~d property all ~nd sing~lar. includug sll snd wgular tM 4+oorn~,_ profits„ bsuM and r~v~nws from wMt~wr
wwo~ duiwd, wch ~nd w~ry o# whith, h beu+p expressly understood, a hereby mortgaged u if ~tifiulfy set fpth and d~wib~d In thi prantinp and
Mbu~d~wn d~u~M iw+wf. aw! wcA Reuivsr ~h+lt h~ve ~11 the broad and effecrive functions ~nd povven in ~nywi~ ~mrusfed by ~ CouA 1p'~ R~tv~r. ~nd
such appointmaN ~MII b~ m~ by sucfi Cowt a ~n admitted equity and a ertter of absolute ripht a s~W MORTGAGEE, u~d witho~f r~f~r~ to th~
adp~racy a kwd~quacy of t!w valw of th~ Properh maty+9ed w to the solvency a insolvency of uid MORTGAGOR a tM defend~MS, a+d th~t wch
rents, P~oHn. Moonr, bsvM and rwenws sMll b~ spplied by such Receive? accwdlnp Io the lien a eqwty of aaW MORTGAGEE and th~ practio~ of wch
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8. To duly. P~^P~Y and fully pMfomn, dischar~e, execute. rffect, oomPlet~, oanP~Y with ud abid~ by tach ~nd ~wry th~ stipulatiom. apn~nM.
ca~d'itiom ar?d aovawnb in wid prombsory not~ and this mo.ty+g~ set forth. ' - ~
9. Tlwt tn th~ w~M ths orrnMShip of ths mortgsped premaes. a uiy part thereof. beaomes wst~d in • p~rwn otl~ tl~sn th~ A~ORTGIIGOR, th~
MORTa/1GEE, tts woo~ssas and assipro, m+Y. wi~how eotice ro the MORTGA~R. deal with iuch suonuo~ a auows~a in int~rNt with refer~ to thi~
mwt9p~ and tM d~bt h~r~by sawnd in the ssm~ ma~r.~. as w~th Mwtgago? witlw~t in any way vitiatLg or ~yu+p th~ Mortp+pora~ Ibbiliry h~rr
und~t a upon tM d~bt henby s~cwed. No wle of ths premises hereby mortgaged u+d no fabsanna on tM p~rt o( tht MORTGAGEE w hs wtuswn ;
or assiprw ~nd ra extension of the time fw the paymem of the debt hereby sccured giwn by the. MORTGAGEE or its wcotasots or assgn~, aha11 opaaM ~
ro nbae, disofi~rp~, enodify chanpe or ~ffect tM ori9inal liab~lity of the MORTGAGOR herim, ~ithK in wlal~ or in part.
10. h b ~p~dfically apned rh~t tim~ b of r1K essence of tha contract ~nd that oo w~tvu of ~ny oblipaYan hwax~der o? of tl» oblip~tion ~
cvnd h~nbr shall at ~oy tirM Nwrlafier M I+eld w be a waiver of the tnms hanof or of th~ lnstrum~M s~ax~d Mrby. ~
11. In addYan to th~ fonpo:ng monthly p~yments of princ:pal and int~rest r~quired by the promisto?y no~e secured hereby, mottpapor oov~eo+ets ~
and apnq to pay to mortyags~ with tach monthlY piyment an sddiransl sum estimsted by mortyapee ro be ey~rsl t0 1/12 of the aonwl oost of fh~ fdlow-
~
A-All r~al property tax~s levied w assessed agairur the above desaibed real est~te.
b-Pr~mivmt on firo and windstorm insuranoe ~s herein requ~red to be urried on ths improv~nb situaN on tM ~bovs d~suibed prNniNa.
f C-pnmium~ on wch mortys~ pwranty inswx~ce ss mortgsgee sh~{I from time to time deem fit ro cury on th~ toan secund hatby.
~ Mort~~pa~ shall fran time ro time notify mortgagor in writing of the amount due and pay~ble hereunder ~nd such wm shall tFwwpon b~ dw ~nd
payabl~ on the dw date of tM ne:t monthly payment and cach successive month thereaher until morigspes shall notify mortpagw of • dianp~ In wch
~rtwut~L SvtA suro sFull b~ applied by mortya9ee towud the payment of real properry tsxes, inwrar?cs ptemiurtu. ~nd mott~+se ywrant~? inwrant~
P?emium~-
IN WI said MORTGAGOR hss h~reunto set his hand and seal the day and ysar first afwssatd.
in tM pr of:
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n.,n ~
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STATE OF fLORIDA ~ ~
~ St . Lua ie
~ ~ ~,,,,y Ted Hanry Arnold ,,,d
~ MTanda Lea Arnold ~;fe, „,n. ,we~~ k,w~n, ,nd known to na ,o b. !
the tndwidwb d~wib~d in and who ucecutd tM fwegcwg &atrunwm, and ackrwwled~d befote rn~ tMt they ex~afed tM ssn~ fot th~ purpaa -
;
~ idanda Lee Arnold ~
W,r. ~ Ted Henrv Arnold • , ~ . ,.Q..,,. ~
examination b~r m~ taku~ wparate and apsrt hom her said Iwsbfid, scknowlsdged w and befon cn~ that she executed ~W ir~strum~nt frwly ~nd volwr
u
t~rily and without +nY oomPukion, constraim, apprehension. 9[~ar of or from Mr s~id Mnband. - `
wmdESS mr 6.~a .~a offki.~ .e.~ th~ /o d,,, of June A. c. ~9~L ~
_ °`f ~,~p'Qi ~
Noary Public i~ and for th~ St~t~ of Norid~ ~t L~rp~
My Commiuion expinu
R•+w^ T~ Not~r1? PubGc, State af Florids at 4r
~a F.a.r.~ s.~, : to,~ ,~..oo.rw~ 11I1y Coniwissan EYpira No,r, 3. 19~1
/J -;/~j')
°f F°'' P~"°. FILED AND R ~.e.' ir ~~`K."'f"~`a `.r~?.~;:,~~.;~.
~ PK.«, H«~ ECORDEOt s;~• ~iL07 f.; ~
T1'. FIA.~~ y..,_... ....,,,?o .
ST. LUCIE COUN ~ ~ ~ " f,
RECORD V~RIFIEO : , . .
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'sT JUN I3 _ . ; . _
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HO~E?? r01TR~CS
CLERK CIRCUIT COURT
~ ; a~K166 PA~2148 ~ . .
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