HomeMy WebLinkAbout2986 To pl~n and oaukwoudy kNp on th~ buildin~s now a here+h~? situ~t~ on ~~W land a~d on a11 puip~MM ~+d pKwn~lh cownd bY Mi~ nartp~
p~. wilh ~11 pnmiwm thKwe paid in full, fin i~aw+nu in tM uswl sundard poticy form, in a swn approwd bY tM MORTGAGEE, and wk+d~torm ~
4~surw~o~ In th~ ww) abndud policy ian4 in a wm approwd by tM MORTGAGEE, tn wch company o~ oon?p+n1~s a tM MORT~'rF?CsEE nwy .
d~r~ctr and ~II fln and wl~torm inswana policies on N?y of f0id bNlWi~t, My IfHNNt tF~fflill 01 ~iff fAKWF, in tM ayprp~t~ wm afo~qiid o~
fn ~oNS 1AK~of, fMll oonf~in th~ vsual standard mat~aya~ cl~uss a such otlwr clause ~s ~M Mor~~~ye~ may requin. m+kinp 1M IoN w~ uid pdF
ciN. ~ach and ~vKy. WY~bI~ to s~id MORTGAGEE ~s in iroerest may ~ppear, snd each and ~vay ~uch poliq ~hall b~ prompty us:qn~d arw! ddivt«d to ~
~ny h~ld by ~atd MORTGAGEE a tvrtMr Nauity to said mort~sQe debt, and, oa I~u tMn ten (10) dars tn +dv+nc~ of th~ ~apiration of Nch pol'~cy. to da
liv~r ro uW MORtGAGEE a r~w~l tlwrsof. wp~tha with a nc~~pt for the pr~mium of wth rantw~lj ~od ther~ sh+ll b~ oo fu~ or windsto~m inwwna
pl.ced on ~ny of qid bvildieq~, ~ny int~rat fMrein o~ put tM~eof, unlsu in ~M fo.m and with tM loas payabb st ~fa~saids W+d in tM ~wnt ~ny sun+
of mw~y b~con~ p~y~bl~ ~ndM wd~ polky or polKks said MORTGAGEE shall havs tM option ro nuiw u+d ~pply tM wn~ on +ccow+~ of th~ ind~btad~
neu Ntw~d I~~by a b pKmlt said MORTGAGORS ro nceiw and uss it w any parf thereof for otF~e~ purposes. wilFaut thereb/ waivtnp w impak-
inp +nY puity. IiM a ripht w+du w by virtu~ of M4 mortyapr ~nd in tM ~vent s~id MORTGAGORS ~hall fa ~ny ro~wn fail to keep tM uid pr~misa so
iruw~d, ot fal) b d~tiwr promptly ~ny of taid polidts of intwar~ to uid MORTGAGEE, ot fail prompfly to p~Y fu:ly ~nY pre~?ium tMrtfw w in uhr
nipM fail b pafain, disclwry~, uacvt~ ~ff~ct. compl~te. oomplY with and sbida by this eovenant, a any put hawf. s+id MORTGAGEE m+y plaa and
paY to~ such iiawar~ or ~ny put ther~of without w~Ivinp or ~ffectinp any optary lien, puity. or ~~pht undK w by vkhn of this Mo.tq+pe, and tM
full amouet of ~ad~ ~nd ~wry wch paym~nt ahalt b~ immedi+t~ty dw +nd pay~bl~ and shill beu inter~st f~an th~ daq thsreof uroil paid at th~ rab ol
nin~ pYr pntwe pK ~rrwm u?d toyttha with a~xh interest sMll be secvred by tM li~r~ of this mort9+pt.
4. To pKmit. oomrntt w wffa no wastq imp~irm~nt or deter~oration of said p.ope.ty or ~ey p+n therwf.
S. To pay ~II a~d sMgul~r th~ cotts, charqes +od exp~nses, inclvdirg a reason~bl~ a»orney's fee snd cosn of ~bshacn of titls, incwred w paid ~t
•ny tirm by uld MORTGAGEE, b~csvs~ w tn tM ~v~nt of tM failw~ on the p+?t of the said MORTGAGOR ro duly, pranpty ~nd fully p~riwm, d'acMry~
~xecut~. ~ffed. compl~t~. oomply with a~d ~blde by ~ach ~nd wery the st~pvlatioes, +~reeme~n, conditions, and oow~+nts of said promissory noh and this
mortpp~ any w~itFiu, and said co~ts, d~upa ~nd exper?ses, each and every, sh~lt b~ imriediately dve uid p~y+bl~t whether or ~wt thK~ b~ notia~ d~ ~
m~nd, ~ttempt fo coll~cf p wif p~alinp~ snd th~ tull amount of each +nd ~vary svch p~yment shall bea? intersst from tM d~t~ th~reof w?til p~id ~t tM ~
rare of nteN pK ct+NUm pK am~wn; and all ~aid oosn. charyes ~nd expeoses i~cvrred or paid, topether with s~xh intat~at. shall b~ s~cured by tla lia~ of tha
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6. 7Mt (a ie th~ ~wnt of aMr brexh of this Morty~ye or dafwtt on tlr pa~t of the MORTGAGOR, or (b) in the ~ve+?t ~ny of wid swm of enoMy ~
her~in nhn~d ro b~ not promptly ~nd fully p~id wi?hen thirty (30) days oext after the'same uve?atly become dw.and payabk, withoW demand or ootiq,
or In tM ~wM ~ach and ~wry tM sHpvlations, ~greeme~», cond~tions and coven~nts of ss~d promissory note ~nd tius morlp+p~ ~ny o~ aN~sr are ~ol
iulY, prwnptly and fully pNformed, discMrged, exacuted, effected, completed, compl~ed wirh ~nd ab~ded by, th~n in eithai or aM? such ~wM tl» s~id a~
yreyat~ wm rtNntiornd in ukl ptomiswry nof~ then remainirg unpaid, with iNerest sccrued, and all moeeYS sKUr~d. henby, sMll baonw dw ~nd p~y~ $
abl~ forthwitl~, a thKS~h~r, ~t the option of s+id MORTGAGEE, u iully and compktcly ~s ii a11 of rhe said wnn of maKy were oripin+lty stip~lated
to b~ paid a? such day, anythtnp In s~id promissory note or in Ihis Morfpsge to the contrsry notwithibndirg: and thereupon or thereahK ~t tM option of ~
~aid MORTCsAGEE, witFaut not~a w d~m+nd, wit ~t law or in equity, therefwe or thsreafta begvn, may M prosecut~d u if ~II ean~ys awnd Iwnby
had mahrr~d prior M ib inttitution. ~
That tn th~ ~wnt th~t at 1M b~yiminD of or at ~ny tim~ pending sny wit upon tha Mortgsy~. or to foncloae h, o~ to roform h, or to enfora
p~yment of ~ny daims Mrewider, aid MORTGAGEE shstl apply to the Cou.t h~ving jurisd~ctan thereof fa th~ appointment of a Receive~, wch Court sh~ll
Futhwith appoint ~ no~iwr Of si morfp~yed prop~rty +II and singvlar, includ~ng all ,.,d singub~ tM imm~+~. profiri, iuues and ~ewnues from what~vN
wuru dsriwd, tuh and ewry ~which, H beinp expreuty unders~ood, is he~eb~ nortgaged ss if spcc'Eicatly set fwth and desuib~d In thi prantirg and
hab~ndwn d~wq harsof. ~nd wd+ ReuivK sh+ll h~w ~II the bo+d snd effective functions and po4vers in anyvrise erKnnted by ~ CouN fp a Recsivq, and ~
~uch sppointm~nt sh~ll b~ ma~M b~r wch Caxt as a~ admined eqvity and a m~tter of absolute right /o s~id MORTGAGEE, ~nd without nfereno~ to th~
adpu~cy a in~d~quacy of tM wlw of th~ property mort~s9ed or to the solvency or insolve~cy of asid MORTGAGOR w tM defendanri, and th~t wch ;
renn, profits, inconK, issues and r~venues ~hall b~ spplied by such Receiver ~ccordiog to tM lien or puiry of said MORTGAGEE and ths p?actio~ of such ?
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8. To duly. ~Pry .~d fi,iy p..to.m, dt~.?~., e:ecvte, effect, complete, comply with snd ~bide by ach and wery tM stipulatiora„ apr~nb, {
conditiau and aoven~nn in said promtuo~y nor• and th~s mafgsge set forth. ' .
9. That In tM wem the ownKShip of ths nw~tg~yed premises. or any pa?t thereof, becanes wshd in a ptrwn other NNn th~ MORTGAGOR, th~
MORTGAGEE, ita sueuttoa and assiyM, may, withoW notice to the AM1ORTGAOR, de+l wifh such s~xc~ssor a~xc~w~ in interest with ~tfer~nce ro this
mort~~ ~nd th~ debt hereby setured in tFN aams manner as with Mortgagor without in soy wsy vitiatiny or dixh~ry'ug tlr Mo~tpapors' li~bility Mr?
under or upon tM d~bt F~eby senrred. No sale of the premises hrreby mo.tgsged snd no fwbcsrance o~ the pan of ths MORTGAGEE a its woc~ssors ~
or sui~ns and no ~:tMSion of the time for the payrtKnt of the debt hereby setured 9iven by IM MORTGAGEE or its t~coesson Or assiyns, siMll Op~ut~
ro release di~du~ye, modify chang~ or effect the -w'g'uwl Ii~b~Gty of the MORTGAGOR herein, either in wFate w in p~rt.
10. It b specifiully e~ned that time is of the euence of this contr~ct snd that no waiva of any obl'gatan hereunder or of th~ obliy~ti0n a- ~
cvr~d hMSby sh~ll ~t any tim~ thereaher bs held fo be a waiver of the terms hereof or of the instrument secured hNby. ~
11. In addition to the forego:ng moethly payments of pri~c"pal and interest required by the promissory note secured hereby, mortyagor oownanN '
and aynes to pay ro monya~ee with e~ch monthly payrne~t an add~tional sum est~mated by mortgsgee to be eqwl to l/12 of the annual ocst of tM follow- ;
lnfl:
A-All real property taxes Itvied o~ suessed against the above described real estate.
8-Premiumt on fire ~nd windstorm insurance as i~erein requ:red to be carried on the improvemenb sitvate on the above described premaea.
C-Premiwns on such mortgsg~ ~w?anty insursnce as mortgsgee shall from time to time deem fit to urry on the loan secured hereby.
lNortysye~ shall fran time to time notefy mo~tgsgor in writing of the amoum due and paysbk F~eunder ~nd such wm shall thereupon bs dw and
f payable on the dve date of the next monthly payment and each successive month thereafter untit mort9sgee shall notify mortgagw of • chang~ in such
emo~nt. S~ch wms siull be applied by mwtgagee toward tlx payment of real prope?ty taxes, insurance prem:ums, and mortyspe guar~nty i~suruxs .
~ premiums. ~ j
IN WITNE55 NlHEREOF, th~ ssid MORTGAGOR has hereunto set his hand and seal the day and yes? first aforaaid.
~ __~SI~ ~S~a~ ~liwr ~ ~yyeno~ of: , ~
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STATE OF FLORIDA ~ • •
cour,m oF St. Luei•
e.t«. m. P«sa~auy .ppea.ed _T. E. (~Alinie~ .~a
Irlgrthg Thnresen QOZZII~n~C his wife, to me well known and known to me to b~
rhe individwb desc?ibd in and who ~xacuted ths forayoirg instrvmsnt, and ackrawledged beforo me tFiat they e:eouted the sams fw ths purpwes
therein ~xpn~ad. Md tht ~aid Utnr.tha T~pl.aaw~ (}^11II{ C~C
w;fe of th~ qid T~ (~Qll~Ok ' , upon a sq»ute and privat~
exemination by me taken separ~t~ and ~put from he~ said husba adcnovvledged ro and before me that she executed said ir~trument freely and volurr
rar~ly and without any compulsion, ooratrsint, apprehensan, or r r~of w from her aid husb~nd.
WITNESS my hand ~rd official seal thia ~e day of A. D. 19~.~.. '
i
r
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• Notary Public in ~nd for the Sfaft of Horid~ at Lat~s
~ • ~ My Cornnission ~:pires: •
Retwn Ta
Finf F~ra) Sarirg~ a Loan AtsotiaYan ~ILEO AND RECORD~D~ p,,~(' p,~ ~t ~ •
~ FOfI PK«t~ ~7 • LUCIE COUNTY~ ~~r N~~in ~r`^K• SU~~ S
Fart Pieru, FI«~da` RECORD VERIFIED ~y ~m;s ~Ex~pices N~~~•~969
~ 15'~'S91 . .
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- '6T JUN 30 PN 3 : 32 ~ . . ~ -
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ROGER r'.OITRAS r~ tti ? _
• • CLERK CIRCUiT COUR7 s,~i jq w O"
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600K ~11U 1AGE~984 1 ~ ~ ^ . . •
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