HomeMy WebLinkAbout0203 To plaa and aonti~+uovsly keep on the buiidings now w ha~aftN sitvat~ on said land ~nd on ~II puipnwiM and p~non~~h oo+r~nd bY this nw~q'
ps. with d) pnmium~ ~he~wn paid in full, fire insura~c~ in tl~ uswl ua~+dard policy fam, in • swn ~pprowd bY tM MORTGI?GEE. Md wi"d~ro?m
tnswana in ~h~ uswl i~and~rd pol~cy form, in a sum ~pp~ovad by ~M MORTGAGEE. in wch canpany w oompania a tM MORTGAGEE nwY
d~rectt and all fk~ and wind~wrm insuwnt~ polK~es on +ny of said buiidinps, ayr MN~~at tMrtin w p~tf fMnoi. in tM ~pprep+b wn~ afaa+id a
In ~ac~q IMnof, ~Mtl ca+bie tM vw+l stand~rd mor?gagee clwse a wch ahx d+~ u 1M Ma?p+p~~ ro+Y nq~?in. ~ki~p tM lou wd~~ w'd po1F
cie~, t~ch ~nd ~wry. p~Yabh to ~aid MORTGAGEE ~s iti imereit n?~y appear. .~d s+cn .nd :re.r s~cn poncy sh~u b. Pro~ty ass~p~.d +~d d~nw•.d a
any MW by ~aid MORTGAGEE a funhsr secwity to sa~d morrga~ d.bt, and, not i~ss 1i+~n Nn (10) day~ in advano~ of tM ~~ation of ~ad~ policy. to dr
I~wr ro aid MORTGAGEE a ren~wal thenof, tepe~hK wirh s rece~pt fw the pr~mium of such renew~lj and tMn shill M no fin o~ windttotm Maurana
plscyd on ~ety of said build'ups, any interest thsrein or p+~t thereol, unless in tM form ~nd with tM bss payabl~ as afaaaidt +~d G+ tM ~wnt ~ay ~wn
of morwy b~come~ p~yabl~ und~r wch policy or policies said MORTGAGEE shall haw the optan fo ~~w and appy th~ s+m~ an ~coovm of th~ Md~b~~d'
neu saw~d h~~tpy o~ b pKmit ssid MORTGAGORS to receive a~d ~s~ N or any put thereof fw othe~ purpw~s, without thK~bY w~ivirg a imp+k-
iny ~ny puiry, li~n or ripht und~? w by vinw of this mo:t9aye: and in tM ~ven~ wid MORTGAGORS sMll fa any r~atoe f~il to k~ep tM wW pr~nis~s so
insured, w fai) b d~liwr pramptly any of wid policies of insurancs to said MORTGAGEE, w f~il p?anptly to p~y fir~ly any pnrniw~+ fMnfa w i^ +^Y
reipect fail b pafonn, discharp~, sxecut~. efEect. complste. comPh wi~i~ and ~bid~ by this oownaot, or any put hKwi, s+id MORTGAGEE m~y plaa a~d
paY for such IrowancY or any p+rt tM~aof without w+ivinp or affactinp ~ny op~~on, li~n, puity. w rqht ~x~ a by virtw of this Monpapt. ~nd the
fu11 ~mowu of ~ad~ ~nd wKy wd~ paymenr sMll be irtinediately dw u+d payabb u~d ~h~ll beu intK~st froen th~ d~» thusof unt11 psW ~t th~ aq of ~
n~ne p~r pntwn p~r amvm and topether with s~ch interest shatl be sacvred by tht litn of this mortpapa ?
1. To pKmit. aommlt o~ wNer no waste. impaument or deterioration of ssid propaty ot sny pa~1 1M+~of. ~
S. To piy all ~nd sirgulw tM cost~, chargea ~nd expenses, includinp a ~eason+bk ~tto~ney's fa~ ~nd cosn of ~Mtracri of titl~. Incwr~d w p~id tl ~
any time by said MORiGACsEE, b~cavss or in thc tvent of the failure on 1he p~rt of ~M ~aid MORTGAGOR fo duly, promptly and fv~~Y Patorm, disthuyw
execut~, effed, aon~pbM, oomply with and ~b~de by each and every the stip~Iations, a9reenxots, co~ditia~a„ and oowMnq of said pomistory not~ and thU
mortg~ps any or sithM.-and sad aoas. chuges and expcnses, each ~od evcry. shall b~ unmediat•ly dve u+d p~yabl~r wMthK a no~ tMr~ M norios d~
mand, attempt to oollscl or wit p~nd~ngl snd tM full amount of each and avery wch paymant shall bcsr intere~t from tM d~t~ ther~of until p~W at tM
rare of nieN pK centum per anmxn; ~nd all s+id costs, charges and expenses inwr~ed w paid, togetMt with wch int~tt. ~MII b~ Nwnd by th~ li~n of Nw
mortg~. -
6. iMf in tM tvent of any b?e~ch of this Nbrtgage w default on the part of the MORTGAGOR, w(b) in tM w~r?t ~ny of ~atd sum~ of mon~y
herein r~fen~d to be no~ promptly and fully paid within thsrty (30) days nex~ after the same severally beca+» dw ~nd payabl~. wNhovt d~mand or noY~,
er (c) In iM ~wnt ~sch ~nd ewry the stipulati«u. agreemcnts. co~ditions and coven+nb of sa~d promissory oote and thia mortpap~ a~ty w NMN ~n no1
iu1y, prompdy and fully p~rformed, d~schs.ged, execured, effected, completed, complied with ~nd ~bided by, tlwn tn ~itM? or a~Y wd~ wMt th~ ~aid
gregate wm menti0ned in ssid promissery nota then remaining unpaid, with intaest atpued, and all mon~yt s~CUttd.l~~by, ~Mil b~0om~ dw and pall~
eble forthwitl~, a tMreaha. at the option of said MORTGAGEE, as fully snd tompleteiy +s if all of tM said tu~M of mwNy vwr~ Otipin~tty ~tip~laltd
ro be patd on such day, anyrhieg in sa~d p~om~uory nore w in this Mortgsge to the tont~ary notwithstandinps and tl~wpon ot t1M?~IhK ~t tM OPtion of
seid MORTGAGEE, without noY~ce o? demand, wit at law w i~ equity, therefwe or tMreafter bepun, n?ay b~ prawcut~d a If all nfot~ys Ncut~d hu~by ;
had matured prior to iri irqtitution. ,
7Mt in the ~vent 1Mt ~i the beginning of w at any time ~xnding ~ny wit ~pa? this Mottp~ye, a to for~cla~ M, ot to nfonn N, a to ~nforp
paymee~t of a~y da'uns herevnder, said MORTGAGEE shall apply to the Court having jurisdiction therwf for th~ appointmMt Of ~ RKtivM, wth Court sh~ll
forihwith appoint s receiwr of sa' mortgaged propeNy all and singular, includmg all and singvl~r tM Incorn~, profiti, bsws ~nd r~wnws from wMNvK
wurce derived, each ~nd every o~whith, it being expressly understood~
is hereby mortgaged ~s if specific~lly sN fOrth ~nd tlncrib~d M thi pr~t?tinp ~nd
habendum clauses heraof, and wth Receivar shrll have all the broad and efiectiva func~~ons and powen in anywit~ N+trusted by ~ Court t~ a R~uiwr, and
:uch appointment shall be mad~ by s~ch Court as an admitted equity and a matter of absolute ripht to wid MORTGAGEE, and without nf~nne~ to th~
edeqvacy a imdeqwcy of the va~ue of the property mortgaged w to the sonrency w inso~wncy of s~id MORiW1GOR or th~ d~f~ndants, and tMt wth
rents, profin, ioco~ne, issues and rever~ues shall be applied by such Receiva ~ccwdinp to tM li~n or pviry ot uid N10RTGAGEE and tM prattit~ of wch
Court. -
8. To duly, pranptly ~nd fully perform, discharge, execute, effect, complete, oomply with and abid~ by tath and wery th~ stipulationf, ap?MnNnb,
conditans ~nd ooven~nts a~ ssid promissory note and this mortgsge set forth. ' •
9. TMt tn ths av~M the owoership of the mortgaged premises. or any put thereof, becom~s wstd In a pKton otl~ th~n tM MORTGAGOR, th~
MORTGAGEE, its sucoessors srd usiyns, rtwy, without ~ofice to the MORTGAOR, deal with such tVCCMWf O~ NKiMiO? ir1 ifltHNt Witlf nf~rN~p fo thts
mortgape and the deW hereby secured in the same manner as with Mortgagor withow in any way vitistinp a diKharyinp th~ Matppors' li~biliry Frn-
under or upon tFw debt hereby secured. No ule of the prem~ses hereby mo~tga9ed and no fwb~aranq on tM part of tM MORTGAGEE o? lri s~oaators
or assigiu ~nd no extensan of the time fa the payment of the debt hereby secured yiven by the MORTGAGEE or its suusuor~ or WipM. ~MII op~raT~
to release, disth~tye, modify tMnge w afiect the wig~nal liab~lity of the MORTGAGOR Mr~in, ~ither .in wFwl~ w M put.
, 10. It b spacificatly egreed that tune is oi the essence of rhis contract ~nd tFut no w~ivK of ~ny obliyaYwn htreurder or of th~ oblip~fi0n ~
cured hsrebr shall st sny time thereafta be held to be a waiver of the terms hereof w of t!M instrumant secw~d haby.
! 1. In additron to the faego:ng monthly payments of prin~ pal and interest required by ttw promissorY nor~ s~turd hereby, mortpapor aownants
' and agrees to p+y to mortpa9ee with.ea4h_ mTonthly payrnent an addirional sum estimated by mortgayee to b~ pual t0 1~)Z of tM ~nnu~) tost of tIN follOw-
ing: '
A-All real property taxes kvied or assessed against the above described real estate.
B-Premwms on fire and windstorm inwrance as herein requ~red to be carried on_ the improvam~nri sifuat~ on fh~ ~bov~ d~tuib~d p?Mnis~a.
I C-Premiums on suth mortgage gua?anty insuraoce as mortgagee shall from time to time deem fif fo urry On tFw lo~n !lcur~d hereby.
( Mottgspee shsll from time to time notify mortgagor in writing of the amount due and psyabk Mrwnder and suth wm aMl) tlNrwpon b~ dW and ;
i payable on the due date of the next monthly payment and each successive month thereafter until mo?fq~gN sh~ll notify mortg~gor of a chaflp~ (n suth !
f amounr. Sud~ wms shall be spplied by mwrgagee roward ~he payment of real property tax~s, ina~rsnce premium~, and mortpsp~ pwr~ntp (nwanu !
~ premiums.
IN WITNE55 WHEREOF, the said MORTGAGOR has hereunto ut his hand and ual tM dsy a r fint ~
~ _ Sea snd ~d in the presence of:
.
~
~
_ ~n
~n
SIATE OF FLORIDA )
couNnr oF St _ Lucie i~
Befon ms personally sppeared Fra nk 1 i n A. a rr i a ~
ya 7 gr i g V. Aa Y'r i s h;s wife, to me well known and known to me ro b~ ~
rhe individwb described in and who executed the fwegoing instrument, and scknowledged before ms th~t tMy ~xewted ths same fw ths p~wpwes i
therein expressed. And fhe said Valer~ e V. ~drr1S ~
w;re ef rFw said Franklin A. Harris • „pon .,ep.,.t• .ea priv,r.
examinatan by me taken sep+rate and apan irom her ssid husband, ackrawledged to and before ms that she exeMed said irotrument fre~ly and volvo-
rari4y u~d without aMr compubion, coostraint, apprehensi , or fear of or from her said husband.
WRNESS my h~nd and off7tial seal this-~ day of 1 A. D. 1967
~
Not~ry Publ' n and for tA~ Stat~ of flo?ida ~t lup~ ~
My Carwd an ~xpina. ,
- Return To: ~vOtdry PuDRt, ltata d fbride at l..'~rge '
F~nt Fedeal S+vinys a tosn Assoc~atan r•~ : '~:ty Commss;on Exp:r~s Aug. 6, 196i
Of Fort Pierce. 30(~A~~( Arn~rlcan Surety Co. of N• Y.
forf Pie?ce, flo~ida • • '?4 ,`i LUCIE ~ ~a OR~ ~
_ J•'~; ST. CO TY~ E0 /I
' • = ~ ~ _ -s - RECORD VERIFIEO~.
. 'Y' ~ ~ : T~ ,
_ ~ ` : ~l JUt 6 pE1 3 : 5~
~=t' • y., ~t ~ 1~`~'~'~3
ROGER f301TRAS
, CLERK CIRCUIT COt1RT
Q_ ~ . aooK16~ ~ f:~ . ~
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