HomeMy WebLinkAbout0697 To plaa and conHnuou~ly kNp on th~ buildinps ~aw a M?~ahK sih?at~ on a~W land snd an ~11 puipnMf ~nd pMSOn~Ih aovM~d bY tAb nwrq~
p~, with ~II prtmiumt ther~on p+id in fvll, fir~ inwranc~ in ~M ~swl studard potky form, M~ wm appowd b~l t!N MORTGAGEE. aed wi~d~twin
iruw~na ie th~ wwl au~dard policy fo.m, ie a sum approwd by tM MORTGI?GEE, M~ wd~ wmA+^r a comPaniM a tl» MORTCsAGEE n~+y
dtnai a~d all fir~ and wiexba~m iowr~na polie~es an any of said build~npt, any te?tM«t tlwNn w pwt tMnof. M th~ apprpab w~ afaaafd a
in ~a~a therwf. sMll ea+tain tM wvai standard morpa~ ela~?~ a wd~ aha dws~ a tM Morty~ en~r nqu~n? nwkinp tM bw w~JK ~+'d Pol~
ci~s. Nth ~r+d ~v~ry. Wr•bl~ a w+id MORTGAGEE u in inlKat nwy app~M. and Nch and wNy wth policy sMll b~ pramptty qs~pn~d and d~IfvKNI ro
~~y Mid by s+id MORTGAGEE a~u?tMr secvtity to saW mwtp+y~ dtbf, aed. not I~ than ta~ (10) daye in ~dv~na o~ tl~t ~xpir~tion of Nch po1kY. b d?
livu to uid MORTGAGEE a nn~wal tMrwf, toy~tha wirh a roceipt fa tM pnmiun~ of wch ~~wali ~nd tFwh ~Iwll b~ no fin or winditam krw+nu
plapd on ~ny of i~W bViWirgf ~Ily i~1iNNt iFN~~i~l Of pilt ihNMf. unlass lo th~ fwm N+d with th~ loq pay~bN u~fot~sald~ and In th~ wMt aey swn
of ma~y Mcams p+Yable urd~ wch policy or polici~s said MOitTGAGEE skall Mw tM option to naiw and apply tM ~+m~ on ~coow+t of tM kd~bt~d~
n~ss s~cw~d h~nby or b pKmit wid MORTGAGORS ro noeiw ard us~ it w any part N+ereof fa aha pwpoas, without ~h...by waivinp a impak- E
inp any p~ity, li~n or riph~ und.~ w by vinw of this mwryap~: +~d ~w^f s~W AAORTGAGORS ~h+ll fa ~+y n+wn fatl to kNp th~ uid pnmis~a w
inwred. w f~ii b d~liver pranptly ~ny of said policia of iniwar~e ro said NIORTGAGEE, a fail pranptly fo pa~ tvllr any prKe?iwn tMnfa a in M+ll
r~sp~ct f~il a pufonn, d'acMrpe. ex~cvb. efhct. comPlet~. oomPh wirh w~d ~bid~ by N~b a~v~+t. w anY P+h hK~of. ~+1d MORiGAGEE nwy pl~a ~nd
wY fa such irawancs or ~ny prt thenof withovt w~ivi~g a~ff~ctinp +nY ePtion. ~Mn, puNp. or ripht undM a by vir~w of Mk Mapp~. a~d tM
full amovnt of ~ach ~nd ev~ry ~~rch p+ym~nt slwll b~ bnmadi~tdy dw and p~y+bN ~nd ~hall bNr in»ntt 6a++ tM dab Nwrwf unHl paid N tM ah ef
nirn per ot~tum pN ~nnum and rop~ther with wch interest shall b~ s~cvred by iM li~n of thts nwrp~pw
To p~rmit, aomn+it o~ wfia no wat~e, imP+imKnt or d~teriaatton of uid prop~rt~? o~ ~ny pN1 tlw~.
S. To pay all a+d ~kg~lar tM oosb, d~rp~a ~nd exp~nw~, includ'uip • n~aon~bb attorn~y's fN ~nd ao~t~ ef abnnel~ of Nti~. M+aKnd a paW a1
any time by s~id MORTGAGEE, b~caus~ w in ths twr?t of tM failw~ an tM put of th~ ~aW MORTGAGOR to duly, pranpthl N+d ~H P~~ ~0~
execv». .ffsc+. comPl.r•. comply w~rh ~nd ab~ by ~ach u+d ~very the ~tipularior~ ayr~eM. caKlitiorn. uid aown~nq of uid pon?i~w~y not~ ~nd thb
^~~9+Ge iny or athet, and aa~d cosa. char~s and expenws. each and ~very. ~II b~ tmrn~diat~ip dw ~nd pay~bNt wMtM~ a not tMn b~ noNa d~
maed, anempt to ooll~ct a wN i»n~l~^9t and tM fvll arnovnt of e~ch ~nd ewry wch p+ym~M ahall b~a inta«t from th~ d~t~ MMrwf unttl pNd at tM
rare of nins per centum per ~~rwm: ~nd all said costs. chu~s and ~xp~ns~s incvmd or p+id. top~tMr with wch im~n~t. dMll b~ uaind b~l tM INn of thi~
b. Th~t in the event of any brtach of this Mwtype w d~f~ult ae~ ths part of th~ MOR1GA~iOR, a(b) in th~ wM1 anp of Mtd ~uny of nwMy
haein ~efe?rsd ~o bs aot prompty and fully paid within thirry (301 days next ~fter iM samt wve?a~ly b~can~ dw ~nd p~y~bb, wltAout d~nwnd or noNu,
or (d tn ths evMt each and ewry th~ stipulations. +pre~+nenn. cond7~iora and cov~n~nt~ of s~id promhsory roN ad thi~ mortp+p~ ~ny a Ntha ~n nol
iuly. promp~y and fully pNform~d, d'ach~.~ed. ~x~cvad, ~ffecred. compl~ted, aompli~d wiM ~nd abid~d ~y~ fI1M M1 NtMf Ot ~ny WCI1 ~Wflt NN Nid ~
preyat~ sum mentanat! ie uid promiuwy not~ tF~ rsmaininp unpaid, with int~rqf ~ccrwd, u~d all nanty~ Mew~d. Mr~bY. sh~ll b~oonN dw Md p~y~ ;
abl~ forthwirA, w thereaRer, ~t the option of said MORTGAGEE, a fully and compl~uly N atl of tM wW w~s of mon~r w~n orqin~~b u~puiat~d
ro b. psd on such day. anyth~g tn ss~d pra~i~sw.y oon or tn rhh Mo.r~p. ro ~M oonnuy nawNMt~ndinps ~nd wpon a M~naftw at th~ op~ion of
said MORTGI?GEE, witFaut notia w d~maed, wit at law or in puitY. tMrdon or tMrNh~r bpuA, nNy b~ Pn~wwt~d as If dl mon~y~ wtund I+K~by
had matured prior to ib imtitvtion.
7. That in th~ we~t th~t at tM bpimirg of o~ at any time p~ndinp ~ny wit upoe M+b Mapap~, a fo lardoi~ M, a a nferen h, a to ~nfora
psymtnt of any dima he~e~nd~r, said MORTGAGfE sh~ll appty to th~ Cowt h~vinp iwicdiction tMnof ior 1M ~ppoiatnNnt of ~ R~alw?. MKh Cowt ~MII
Forthwith ~ppoint + nceiver of sa~ mwty~d prop~rty all and fagula?, includinp all and slnpular tM Inoom~. profitt„ awN aid re~r~nua from what~vK
wu~a deriwd. each ~nd ~wry o which, it beinp ~xpressly w?d~rstood, is Mr~bY morpp~d a if ~qtifiully ~N forth and d~wib~d In tAi OnntM~p and
habendum daw~s hereof, ~nd wch Receiwr sMll haw all tM bro+d and eH~ctiw fvnct~oeis ~nd povwrs ln ~n~rwlw ~ntrw»d by ~ Court ip a R~alv~r. ~nd
s~ch appoiotment ah~ll ba made by such Coun ~s ~n ~dmitted equiry and ~ m~tt~? of ab~oluN ripht to wW MORTCsAGEE. ~nd without r~bnna to th~
adsqv~cy or in~d~qwcp of th~ valw of the property mwtyap~d o~ to tM solv~rrcy a insdwncy of eaid MORTGAGOR a tM d~f~ndu~tt~, and tMt wd~
renrs, profits, income, iuues and revenues ahall b~ appli~d bp such Reuiva ~caordiap to tM INn or putfy of uid 1NORTGAGEE and 1he P~+dfq of wch
Cour1.
8. To dvly. Proe^Ptly and fulh Pufom+. d'isch~rpt, ex~cute. ~ffec?, comPbt~, eortiplY with uid abid~ by wtb ~nd ~y th~ ~tlpulatlorob ap~n~nb+
coaditbro .nd covenann in wid prombsory nw~ and this n+onpap~ s.t forth. ' •
9. That ie~ tM svent tM o~vnership of the mort9apd p?amaa. or ariy p~~t th~r~of, baooinN vNhd N• pKwn otMt M~n 1h~ MORTGJ?GOR, th~
MORTGAGEE, ln wccessors +nd auiyns, m~y, without noYKS ro tM N10RTGAOR. d~a) with tuch woo~or a,ua~ao~ in intaat wlth rdt~nna b this
mo.t~a~ and ~M debi hereby secured in tM aame m+rv~er a with Mortyapoi without h~ny way vitiatlnp a Inp tM Mortp~por~' Il~bllity hsrl~
under or upoo tM debt heieby secured. No ssla of th~ p?emises hereby mortp+yed ~nd ea fab~~rsna on th~ put of th~ MORiGAGEE a Ns ax.tsswn
or suigns and no eztension of the time fa the payment of the debt hereby secured ~rven by th~. MORTGAGEE o~ i1a woo~swn or u~ipra. ~11 opu~t~
to rdease, disch+rQe, rtad'ify dung~ a affect ths wginal liabitity of tM MORTGAGOR h~reiA, N1Mr in wlwb w ln puf.
10. It is specifically ~greed tFut time is of tha essence of this oontwct ~nd that no wdwr of a~ryr obllpation Mnund~~ a of fM oblipatb~ ~r
cured hereby aMll ~t a~y time thereafter be held to be ~ waivet of tM t~rms Mrwf ot of tM irutnxn~M ~ecw~d Mrby.
11. In addition to the fwego:ng monthlY psyments of princ:pal and interest r~qvired by tM promiswry not~ Ncund hereby, mortp~por oown~MS ~
' and agrees to pay to mortgagee with esch monthly payment ~n additanal svm estlmated by mortyapM to b~ pv~l 10 1/12 of th~ ~Mwl oost of th~ folbw-
Fng: • ~
A-AO ~eal property taxes kvied or assessed sgainst the ~bove described real eftat~.
B-Premiums on fire ~nd winditorm insurance as herein requ~r~d to be carried on tM bnptov~mem~ shwt~ on fh~ abov~ dNrn'b~d phrtdsM. 1
C-Premiums a? such mortgsge guaranty insurance as mortgagtt shsll from time ro tim~ de~rn flt fo urry on fh~ ban ~ewr~d hsnby. ~
; Mortgagee shall from time to time notify mortgagw in writing of the amount due and pay~bl~ Mrwndn ~nd sud~ wm ~MII tMrwpon b~ du~ ~nd !
i payabte on the due date of the next monthly payment and each svccessive month thercsher until mortpapN sh~ll notify mortpspor of • chan~ in wd~
amovnt. Such sums shsll b~ applied by mortgayee toward the payment of n~l propsr(y tazes, inwwncs praniwns, ~nd mortyp~ pwr~Mp iruw~na
premiwr~s.
IN WITNESS WHEREOF, the aid ~RTGAGOR hu hereuoto set hit Mnd and aal th~ day ud aforuaW
' rwd, and ed in tM presa~n of: -
~
~
~n
n--n
STATE Of FLORIDA ~
S5.
~ St. Lucie
Sefore me pers«wlly app~ared C. J. Cri st .~d
Irene Cri s t hi, Mri{~, to n,. v,,.~~ known .na w,ovin, ,o m. w b.
the individwb dew~bed in u~d who ~xecuted tta forepoinp &?strunwm, and ackrawledp~d Mfa~ me that tlNy ~n~cut~d tM aarM fa th~ purpae~
~~,~fQ1r, .x~,~, ~ Irene Cri s t
wife of tM sa~d ~'i .~T. Crist - , upon a wpar~te and priva»
examinatan by me taken ~ep~rat~ snd spaA from her said husband, sdu~ovvledped to and b~fon m~ th~t sh~ ucecut~d s~id imtrvm~m haly and vol~n~ !
qri~y and without aMr compulsion, cautraint. ~pp~ehensioO.~r f~u of or from her s~id Iw~b~nd.
wirNess ~+r t~.~a .~a ~rw.i rw. 1 yD~ d.y ~ J o. ~v_~Z ~
~
Noqry in and for th~ St~» of Florid~ at larp~ i
My ion ~~cpirw
R~tvrn Ta ~
~,t FsdKd Savi t t~, wu«~~~+ Notary PubGc. Statc of Fiorida at lar9e !
Of F~ Pierce. ~;..v " t= flAy tommissian Ezp'ues ltu9. 6, i971
rn.~ PK.~. Fb.~d. Ep • c.~+,ins~,
ND RECOR~ - Eo~d~d OY ~ E~ ~i .
FILEO A ?Y. FI.A• ti'.~
N F' ;v
LUCIE ~VERIFI r •
ST.~-E~c~RO ~ : ~ _
~ : 02'.,r.'•• o . : . -
,g7 ~I!1. 1 y pM . - „ ~
. . ~
~.58~'83 ~
•~:C ~ ''~'~~P VRT ' •,'~~ti~z»,~~`•-
CLERK ~~RCU1T C0
( gaoK167 Pac~ ~95`~ ' l~
a-:-. : - -
. X