HomeMy WebLinkAbout2495 ~ . _ • ; • .
To plan and conHnuoush? k~+P on the buitdi~ps now a MrNhK WtwN on s~id land ~nd on all pulpenMM and qnaNlh oownd b11
~ye, witl~ dl premivens therwn p+id i~ f~ll, /K~ insuraec~ in IM uswl aN~dard polky tom4 in • ~wn approwd b1? fM MORi~
~~TG~A~EE nN~
k,iurano~ in tM uiu+l uanda~d policy fam, in • suen ~pproved by ~M MORTGAGEE, in wd~ canpanY o? ao~P+~
dir~ctt and ~Ii fin aad windswrm irtso:~ncy policies on My of aid buiWieg~, ~ny inqnsi tlw~~in or part tlwrwf. in tiw ~pprp~b wm afor~id ot
in ~xaas Il~eoE. ~MII oont~h tM uswl standxd ma~gegs~ clws~ w s~ch whK dw~ a. tM Mortq+~ m+Y nVuin. ^++U"O w~ ~ P°~
de~, sad~ and ~wry. WY+bh 1o s+id MORTGAGEE +s in tnte?est may ~pp~u. ~nd tacA and ~vKy wd~ policy sMll b~ promptly ats~yrwd and dtliva~d te
•ny Mid by Nid MORTGAGEE ~f fwtF?K ieturity to said mwtaay~ dsbt. and. f10f (tu tAif1 tM (1O~ ~iyi In idV~nt~ OI tFN ~7cpk~TiOf~ Of ~KF1 ~01i~Y. b dr
livsr ro wid MORTGAGEE • r~new~l th~nof. to~etFw with ~ roca~pt for tht p~em~um of wd? r~wa11 a~d tl+H~ ~MII b~ no fin a windNain (rowana
pt~ad on any of said buiWi~gs, u?y inter~st thsre~n a p~rl tM?wf. unl~ss in tFr form uid with tM loss p~y~bl~ a~foraaWt M+d in tM w~nt MY sun+
cf naMy ba~or,»s payabl~ w?de? wch policy w policiss wid MORTGAGEE sMll h~w th~ option ro no~iw and ~pply tM s~ on +ccount d th~ k~d~br~
neu wcw~d M~~by w w permit ~aid MORTGAGORS to rcuive and us~ h a any part thereof fw otha pwpos~s, wi~l+out thKeby waivtnp a imp~k-
~ng ~ny pu~ry, lien a rght vode~ or by vinw of ~his mort9+9ej w?d in tM ~vent said MORTGAGORS shall fa aey twwn fail ~o kNp th~ s+id Pnmi~ a
insur~d, a bil lo d~liver promptly ~+y of ssid policies of iowru~c~_~o said AhORTGAGEE, o. f+ii ao~+P~H ar w~b +~+r w~ ~"Y
respec~ fail w paiwm, dixlwps. ~x~cut~. ~ffect. compl~t~, comply with u+d abi~M by thit aove~nt, or any pNt henof, uid MORTGAGEE ~nay plao~ ad
fu i famoom of ~sch ~nd ~w y w~d? payma+tvsha~ll be ,i~ied iroly dw~and payibl~ ~nd ~Ml~~bir I~~st iran th~ d~it~ tl~wf unt~i) p~~id
apt~th~ ah of
nine per cantum per annum ~rd to~Nhcr with such interest shall be secvred by 1M liwn of this mortp~.
1. To p~rmit, oannut ar wffer no wast~, impairma+t w de~c?ioratioe of s~id prope~ty o~ ~ny p+rt therwf.
S. To pay all snd siepula tM cos». ch+?9es u+d expa~ues, i~cludirg a nasa++bk attwney's fN and oot» of ~bsfneb of tttl~ Mrcurnd a p~td M
any time by s+id MORTGAGEE, bacavs~ a in the ~vent of the failwe on tlw part of th~ ssk! 1NORTGAGOR to duly, promptly and fu111? P~rfan~ d~d~+~
execut~, ~ifed.- compkq, compfy with and ~bide by each aed svery the sripvla~ions, .g~eemeen, caodtrion~ and aowMnn of wid p~aniswry oa. snd tl+i~
mortyap~ any w eithN. and sa~d costa, char9es ~nd e:penses, each and ~very. sMll irrrn~ii~uly dw s~+d p~yaW~t wlxtha a eot thu~ M ~wtia d?
mend. attempt to oollect w wit pe~dtngs +~d tM fvll amount of ~ach end ev~ry wd+ p+ymt~t sMll bw int~nst fran tl?~ dat~ thenof until p~W N th~_
rate of n'a~e per centum per annum; and all said eosts, charges and expenses &?axnd a p~id, fopethu with wdi inttrMt. slwll b~ Mcur~d by 11N li~n d 1hi~
mort~~.
6. TMt in the event of any breach of thi~ Mortyay~ or d~f~~lt on tht part of th~ MORTGAGOR, a lb) in tM ~wnt any of s~id wms of mo+Ny
herein ~efarrad to ba not promptly and fvlly paid within thirty (30) days next after the same severally b~com~ dut ~nd p+Y+W~. WN~ ~^d a^ot~
or (c) in IM eve~d eath and every Ihe ttipulations, sgnemenb, conditioos snd cown~ny of ~a~d promis~orY not~ +nd th~+ n~orpsp~ +M? °r NtM~ an
iuly, promprly and fully perfwmed, d~sch+~~ed. executed effected, compkted. compli~d with and ~bided dy. tMn M~ Miwt a an1? wd~ w~M 1M wid ~P ,
gregaro wm mentioned in said promissory note tfien remaining unp~id, with imerest swued, ud all mon~ys t~tund. htnby. ~II b~ooew dw aed pm
able forthwith, Of tlMfNffN~ at the optan of taid MORTGAGEE, u fully ard ton?pkt~lY ~s i1 all of fM said tun1~ Of nw1~y wM~ O~~plMlly ~HpulaHd
ro be p~id on such day. anythieg in said prom~uory. r?ote w in fhis Mortyaqe ro tM confnry notwiilat~nd'aqr ~nd th~rwpon a tMr~aftw at th~ option of
ss~d MORTGAGEE. witho~t noY~ce a dem+nd, suit st law a in equity, thereforo w tMrsafta bpuA, nwr M proMa+qd y lf sll monty~ Ntw~d hK~by
had mat~r~d priot fo ib irntit~tion.
7. Tfwf in the eva?t that ~t the beginnirg of or at any time pend'inp any wit ~pon this Matpa~, or to for~eloN h, or to nfonn h, a to ~nfaa
payment of a~y ds'uns herevoder, said MORTGAGEE shall apply to the Caxt hsving jwisdiction ther~ol for th~ appoinhMnt of ~ R~ttivM. wth Court ahd)
Forthwith ~ppoinf s receiver of ssi~! mwtgaged property all and singulu, Includ~ny all and sinpular th~ in~ame, profits, i~t and nv~r?w! frpn wMt~
source derived, each and tvery o# which, it being expressly understood, is heraby mwtgaged as if ~pacifiully sH forth a~d dMViMd M Mi ~antinp and
hebendum clauses he~eof, aad wch Receirer shau have a11 ~he b.oad and effecrivs funn~ons and pow~n in anpwis~ ~nn~and by ~ Cawt tp ~ R~aiwr. ~nd
such sppointment shatl be nWde by such Court as ~n ~dmitted eq~ity snd ~ mNter of abwlute rgAt to Nid MORTGAGEE, ~nd withoul ?~f~r~ b th~
adequacy a inadequacy of the vslue of the properry mort9+ged o~ to the wtvency or insolv~nty of said MORTGAGOR or Ih~ deE~rdaMS. and that wch
rems, profits, income, iuues and revenues shall be applied by wch Receiver ~aordirp to tl+~ lien or p~ify of Mid MORTCsAGEE ar?d tIN pwefip o# wd~
Court.
8. To duly. promptly snd fully perform, dischuge, execute. effect, caeplate, aomply vrith and ~bid~ by wc)~ ~nd fwry th~ ttipul~fiom. aprMnwM~.
conditioro and coven+nn in said promFsaory note and this mortysye set fwth. ' -
9. That in the evem the ownership of fhe morr9aged prem~ses. or ariy p~rt ti~ereof, becana v~at~d tn • pK~on othu thN+. tM MORT('sAGOR. t~r
MORTGAGEE, its svcceuors and assiyns, may, without norice to the MORTGAOR, deal with ~ucM iuoonsor or ~uowsw? in infa~st with r~f~rM~o! b tl~b
morl9ape u~d the debl hereby secuted in the same marr~er as with Mortgagor without in M?y way vitiatinp or d'iuh+tpinp th~ Mortyapas' 1(~bility haf
under or ~pon the debt hereby secured." No sale of the premixs hereby mo?tgsged ~nd no fabtar~nu o~ the put of IM INORTGAGEE w its nitwswn
w auigru ar~d no extension of the time for the payment of the deb~ he~eby securcd qiwn by fiN MORiGAGEE w il~ svta~siort or asaipro. ah+ll op~wf~
to rekase, dixhuye, modify change or affect the original liability of the /NpRTGAfaOR hersin, ~ithe? whol~ or b put.
10. It is spec~fically agreed that time is of the essence of this contract ~nd that no walwr of any obl'gation hawnder w of th~ oblipation ~
c~red hsreby shall at any time therea(ter be held to be a waiver of the terms hereof a of the irotrurn~nt s~cw~d Mrby.
11. In additron to the "forego:ng monthly paymems of princ'pal and interest required by ihe promis~ary nof~ ~ecursd herebY. mottpa9o? COwMMs
and agrees to p~y ro mongagec w~th each monthly payment an addirio~al sum esGmsted by matgspe~ fo be eqwl te 1/14 of ihe ur+wl tast of th~ folbw-
ing:
'i A-All real property taxes levied w assessed agai~st the above described real estate.
i
i B-Premiums on fire and windstorm insurar.ce as herein requ~red to be carried on the improvernMt~ situat~ on tM ~bov~ d~sCrib~d premiN~.
C-Premivms on such mortgage guaranty insurance as mortgagce shal) from Gme to time Jesm fit to urry on tM ban tecwed her~by.
Mortgsgee shall from time to time notify mwtgagw in writing of the smount due and psy~bl~ h~raunder uid wth wm shall fMtwpon b~ dw and
Fayable on the due date of thr next monthly paymem and each successive month thereafter until enortyspa~ shall notify mortgaqw of • tharg~ In wch
amounl. Such wms shall be applied by mortgagee toward the payment of real proptrry taxes, inwrance premiums, and morty+p~ ~wranty iro~ranc~
premiumf.
IN WITNESS WHEREOf, the said MORTGAGOR has hereunto xt his hand and seal the day and yN? fir~t ~fora~ld•
$ipned, Seskd and delive?ed in the presente of:
` ~
~ . n
~Q
,
ATE OF FLORIDA ~
courmr oF St _ Lucie ~
deforo me persawUy appeared - W91tAI' P Ryan ~nd ~
~t1'i A A, RyBII his wife, to m~ welt known ~~d known to m~ w be ~
the indridwb described i~ ~nd who exauted tF~e fore9oirg instrwnee~t, and adu+owled~ed befon ms th~t th~y ~x~a»~d tM s~rn~ for th~ pwpops
~r,e.~in .xp.es.~a. a~a rh. ..~a P.fitrici 9 A~ Ryan
wife of the asid j~jA 1~e r P~ Ryan • , upon • separate and privr~
exam'u~ation by me taken sepante and spart from her said husband, adu~owledged to +~+d b~fa~ m~ that sM exeated s~id kutwrnant fre~ly and volwf
tar~ly and witho~t ~ny compvliwn, consrrsint, sppreF~ensio~nj or feu of a from her sak!
WITNESS my h~nd ~nd official teal thi. ~d Th day of A. D. 19~_
.
- sry Public tn and for tF~ Sitl~ of _ HqQ~`~(';~~
J~
i~~~,-a :
Retuin Ta y Commiuion ~xpirp:
, f~' j
Fint Federal Savings d~ toan Auociatwn ? ' ~p~. :
Of fort Pierte. ~~~•~Y€ ' f't' '
PK~u, fb,~a FILED ANO RECOFt0E0' ~ 11Y OOMMISS~ON~~~S ,,_24j,i96e
~T. LUCIE COUNTY. F~A. ; r ~ . . ~ : _
RECORQ VERIFIED -C1(p r ' ; ~ .~uvio~~ c : .
~Cor~C~[. : :
. ,~~p : •O;
/ : ~
. 15 ~/~z~~ 9 - • ~ ;
47 ; 't,
20 PM 2 ' " ~ ~
'6Z JUN • ~ . ''~r~~0 ~
i~a~[~ i'OlTRNS
CLERK CIRCUIT COURT
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