HomeMy WebLinkAbout2732 S. To plao~ ~nd aa+riewiowlY kNP on th~ buildinys naw a I+KNNa utwt~ on said land snd on ~il ~q~ipen~ u~d pason~lly wvK~d b1? 1hi~ narp'
+p~, with oll pnn~ma tMr~on pa~d in full, tin intwaoc~ in tFw uwal itudard policy tam. in • swe approwd bY t1N MORTGAGEE. and wind~tonn
insvra~a in tM u~wl ~andard policy fam, in ~ sum ~pp~w~d by tM MORTGAGEE. in wd~ canP+^Y a~P~^~as a tl» MORTGAGEE nwy
d~r~dr ~nd ~II fin ~nd wind~wnn Gawano~ polici~s oe any of s+id buildinp~, any IetKest tlwein o~ put thKwf, M~ Nw ap~p•n wn~ ~iora~id or
in ~xua N~~of. dwli coro~in th~ uawl qandard nartga9e~ clws~ or such otMr dws~ a tM Mo?tp+pM m+Y nV~ih. m~kinp tlw Iws w+dK s+d po~~ .
cie~. ~ad~ ~nd ~vKl?. WYabfi w wid MORTGAGEE a ib inureu nNy ~pp~a. and ~ach and ~w~y wch policy ~hatl b~ WomPtty ass:9ned and deliwr~d to
.r~y Mid by wW MORTGAGEE a furtMr sca?.iry ro said morrpsp~ d~W. and. not tes~ M~n tM (10) d~ys in ~dv~ of th~ txpir~tioe of ~ad~ policl?. w dt
live? ro~id MORTGAGEE • nnrwal Miawf. top~tMr with • nt~ipt for tM pnmiwn of such nntw~l~ ~nd thKt sh~ll bt ~o fin a w'uditorm Mawaeu
pt+ad on ~ny of saW buildag~, ae~y MtK~tt 1Mrein w put thKwf, unleu io ~hs fam ~nd w;th tM loa p~y~bl~ a afor~idr ~nd in th~ ~wnt ~e~y wn+
of nwr»y b~aonns p+yaW~ ~xid~r wch polky or policies said MORTGAGEE shall Aaw th~ opYan ro ncriw and ~pply ths ~+n» on acco~nl of tM Md~btd~
neu s~cw~d Mnby w b pwmit said MORTGAGORS ro noeiw and us~ tt a any pa.t thereof fw ofher pvrposes, wi~hout ~h..•b~ waiw~y a imp+la
inp any puitr. li~n a~ipht u~d~r or b~r vir~w of tlw mony~p~r +i+d jn ~M ~vem aid MORTGAGORS sh+ll fa any rwson f~i) to keep tM wid pnMiu~ so ;
inwr~d, a~ f~i) fo d~liw~ P~~M~Y +~Y of ~aW pol+ci~s of inswanc~ to s+id MORTGAGEE. a fail promP~lY ~ WY fi+~hl u+Y P~~mivm thKtfw or in any I
ctip~ct fail b p~rfwM, distlwp~. ~x~cvt~. ~ff~ct, oomPl~»• oon+P~Y wi~h ~nd ~bid~ by this aownant. or ~ny ps~t Mrwf, s+id MORTGAGEE may pl~u ~nd
P+Y for wch Mauruw~ o~ ~ny pwt thr~of without waivfnp or ~ff~cttnp +eY oW3on. (i~n. equity. w rigM uod~r or by virtw of this Mortp~p~. ad tM
ful! wnount of tad~ wd twry wd+ p~ynrM ahdl b~ i~nn+ed'wtely dw ~nd p+yabl~ and ah~ll bN? inta+ast hon+ 1M d~t~ fhsreof u~til p~id at tiw wN ol
nir» pN pnhim pK anwm and topNher witl~ tuch inrerpt sh~ll b~ t~cw~d by tM 1'~n of this n+ort~+ye.
4. To pKmit. aonwoit or wffu no waif~, knP+irm~m or det~rio?atan of s~id propKty or any pul thereof.
S. To pay dl and sinp~rlar tM oat+. tAup~s and ~zp~met, inclvdirp ~ rcaaa4bte atton+ey's fe~ and aosts of abstrads of titl~, krcvr?~d w p+W d
•ny tinw by a~id MORTGAGEE. b~uvr~ a in tl» ~wnt of th~ failw~ on tFw psA of d» said MORTGAGOR fo du1Y, promptb +ed fvlty p~rform, d'acl++rpR ,
sxecv». ~fhel. oomplt?~. oomPh? with and ~bid~ bp ~ad~ a+d ~very ths sripulatio~s apreaman?s. conditlaw and aown~nn of s~id promisswy noh and thu i
mo.tOp~ anY w~itMr, u+d wid aosa. dwp~s and ~xpans~s, ~ach aed tvery. sh.ll b~ im++adistely due and p~y~bltt whether a not rMn b~ noria d~ '
mand. ~tt~mpt M eoll~et or wH p~ndin~r +od tM fi+ll amowN of each ud ewry wch psyment shall bea. int~reat fran IM dat~ tMrwf unKl p~id d tM
rste of nln~ pe~ oentum p~? ~nnwnj and all said oosta, thary~s and expeoses incwred w paid, topether with suth intarst, sh~ll b~ a~wnd b~r tM IMn of tl+i~
mortpyw
6. TMt (a~ in th~ ~wM of amr bn~ch of this Morty+p~ w d~fwll on the puf of the MORTGAGOR. o~ (b) in the ~wM a+~y of s~id swns of mon~y
h•r•tn r•f«nd a b~ nor p.omp?Iy .nd ivty pa~d within thirry (30) days next after tM same several~Y b~can~ dw +^d WyaW~, without d~mrnd o~ notiu. ;
or (c) In tM w~~ ~ad? and ~wry tM sNpulatio~a, agreemenn. condiY~orw and coven+nn of u~d praniswry ~ote aod this Rq?fp~ My O~ lith!? u~ 1101 ~
fi,ly, a«~rh .~a t~iti P.~so~,~.d, a~sdw~ad. ~xecured, effecred. comPkred. c«nPtied wi~h ~nd •bided ~Sy, tMn in ~ither w~ny ~uch ~wnt tM s+id ~p
prsyat~ sum m~ntiawd in uid protniswry not~ then ramai~inp unpaid, with interest actrued, and all moneys ~et~x~d.lwnby. ah~ll b~oome dw and WM
~bl~ fwthwitly a th~?NfiN, at tht option of said MORTGAGEE, as fvlly snd completely as if ~II of the said sums of maky wen apin~ly sY~pul~ttd ~
ro b~ paid on wch day. anyth4g In said promiuory no~s o. in rhb Mort9agt to the cont~ary notwitMts~+dinp; ~nd th~rwpo~ a there~hK at fM op~ion of
uid JNOpTG/1~3EE, witho~t notin or d~m~nd, wit at law or in equity, thereforo or thereafter beyvn, ~Y b~ proacvt~d as if all n~ys ~ewnd Mt~by
had matw~d prior to iri itqtitution. .
7. Th~t In tM ~vant tMt at tM b~innirg of w ~t any tims pendirg ~ny wit ~pon thia Mortyspe, or to ~a~clos~ N, a to nform it. w to ~nforo~
Q~yment of any d~ims Mnunder. s~id MORTGAGEE sMtl ~pply to the Court having jurisdician thenof for tM ~ppointn~t of a R~ceivu. wd~ Court sl+dl
forthwith ~ppOiM 1 ~KtivN Of Mi~ mat9ap~d prop~rty sll and singulu, inclvd~rg all and singul~r tM incan~. profits, i~sws and r~wnuei from what~vN
sourc~ d~riwd, s~ch a~d ~wry o# whicM, it b~inp ~xpressly understood, is hereby mortgsged as if speciiically se~ fonh aod describd In thi pwntinp ~nd 1
h~b~ndum clausu Mrwf, and such Rseeiwr shall have ~II the broad and effective funct~w~s and powers~in anywise ~ntr~sted by ~ Court tp a Reuiw~. ~nd ~
iuch appointm~nt shall b~ mad~ by wch Cowt u an admined eq~ity aed a m~ner of absdute rgAl ro said MORTGAGEE, and without nfenna to tM
sdequacy a tnad~qwcy of tM v~lw of tM propKty mony+gsd or to the wnrency or insolvcncy of said MORTGAGOR a tfie def~ndann. and that sud+ ~
ranr~, profits. Inoom~, iswes and rwenws shall b~ appliad by such Receiver +ccwdinp to the lien or eq~ity of s~id MORTGAGEE and th~ practia of wch ~
Court.
8. To duly. PromPtly u~d fully pufam, dnchsry~. execute, effect, compkte, cor^P~Y Y+~th and abid~ by sach and ewry tM ~tiqrl~ttom. +p?~~b.
conditiona and oovenann in Nid promitsory note and ~his mortysge set forth. ' .
9. That tn th~ went the ovvnenhip of the mortgayed premises. a ~ny psrt tl~ereof, beoanes veshd in a~pawn other th~n th~ MORTGAGOR, th~
MORTGAGEE, in autassors ~nd ~uiyns, m+y, without notice to tMe MORTGAOR, deal wi~h such suttKwr o? woassor in inter~st with nfa~nu to this
mcrtpp~ ~nd tht debl har~by sacvted In the aame mamer u with 1Vbrtgagor withovt in any way vitiatinp or dischary'mp th~ Mwtya9ors' lisbility her~
~nder w ~rpon tM d~bt Iwr~by secured. No s~te of the premises hcreby mwtgaged and no forbearano~ on th~ pa?t of th~ MORTGAGEE or in wa~sson
or as:i9ro ~nd no ~xtension of t!w time fa~ the p~yment of the debt hereby secured yiven by the N~ORTGAGEE a its succKSas or assipns. ah+~~ opsr+»
ro rel~u~, d'nd~arpt, modify ch~rg~ or ~ffect the oriyinsl lisbility of the N10RTGAGOR herein, either in whole or in put.
10. h b specificdly yned that time is of the essence of this contract snd fhst no wi~w? of any obliy~tion Mre~rnder w of th~ oblipation sr
cursd Mr~by shall at any tim~ thereafiu be hekl to be a waiver of the terms hcreof or of the irotrwnsnt secur~d hKby.
11. (n add~tan to the forego:ng monthFy payments of princ:pal and inte~esf required by the promissory note secured hereby, morf~agor aowe+Ms
end agrsp to p~y fo nartys~e~ wifh each ma?th1Y paYment an additansl sum esiimated by morlgage~ to bs equal t0 1/12 of the anrw~t cast of fhe follow-
ir.g:
A-All rNl property tsxes kvied or ~ssessed against the above described real estate. .
~ B-Premivms on fin a~d windstorm irawance as 1?erein requ~red to be tarried on the improvements situa» on ths above destribed premiqs.
i
i C-Premiums on suth mortpay~ yuuanty insurance as mortgagee shall from time to time deem fit to wrry on the loan ~ec~red hereby.
i Mortyapk shall from time to time notify mortgagor in writ~~g of the amount dve and payabk hereunder a+d such wm shall tF+ere~pon bs dw ~nd :
~ payable on Hw due dste of tM next monthly payment and each successive month thereafle~ unGl mortgagee shall notify mortgagw of a chany~ in such '
f amount. Such sums shall b~ ~pplied by mwtgs~ae toward the payment of real property taxes, insurance prem:ums, and mortyape ywr~nty inwrance ~
~ premiums.
~ IN WITNESS WHEREOF, th~ said ~MORTGAGOR has~ hereunto set his hand and seal the day and ye-r ~nt afores~id. j .
bd and~ltwr~d ' of:
O~ n
. ~
. rs..q
. rs..~ ;
SiATE OF FLORIDA • i
ccunmr oF Qt~ L.uQie
~ ~
eefon n,. prwn.~y app~and E~ ~1?Atlt Reo~nr~! l~i 71 er~ g sing~ e dLlt i= !
to me well koown and known to ms-to b~ ~
the individwb de~vibd in and who esewted the fore9oi~g instrurMnt. ~rd acknowkdged before m~ thrt N~ey execvted the sam~ fa tFw pwpos~s ~
t
?herain exp?Mtsd. - ~
~s~is ' za~aat~[~~~~~Z
~ ~ WITNESS my Iwnd ~nd official ~tal th:• •?lL ~y A. D. 19~ ~
~ ~
• Notary Public in .nd fo. The Stan of Fbrida ~t l.rp.
. . My Commissan ~xpir~s:.
Rnurn Ta. Np{~ QW,;c. Sta!e ~f Fbrida at ltrge I I.3
F~Rr hd.~.~ s+rt~. a to.~ ~+~a~F~LED AND RECORDED ~I?y Comanssioa E,cpires.l~lo+r.'S~~f~¢~ /°9
Of Fo.t P~erce. aY ~,A.,,~er~i ~~~j~• _ '
ST. LUCIE COUNTY. FLA. ti~..,...•--...,
Fort Pieru. Florida ,
RECORD VERIF~ED . - ••...r.
15`7'413 . ~L~ ~ ~
T:
~ '61 JUN 26 AN 10 : 13 . _ _ : ~ W o ,
= _ = .
~:.1<.~'
~ ;n J .
n0~0iTqaS
CLERK CI~iCU1T COURT - ~ ~ ~ ~
. ~K 16S ~~Ez7~0 : ~
~
2 -=.~~'..5~
~.tYJ~ 'rv-"i: f~',Y+y, w -.v~„~' ~ h _ _ _ . . . ` . . . . . . _ . . _ .
~?~~~%~~e^.7,.~~:".. _ ~ .