HomeMy WebLinkAbout1159 S. To plao~ and cantiM+owiY k~P on th~ buiMinps ~aw a h~?~aha ~itwt~ an sald bnd vid oe ~U ~qulp~aM M+d pMSaMUY cov~~d b11 ~'"0fq' ,
pi, vrith ~N pr~niunr tt~~on paid in fvll, fih in~ur~ tn ~h~ wwl sundKd polkY fonn, le • ~wn pprowd b~? tM MORTGAGfE. ~nd wM~d~to.~
insw~a !n tM uw~l st~nd~rd Pdic1? tonn, M• wia apprawd bp tht MORTGAGEE. M wtA oompanr a oon~aniN M d» MORTG~ACEE nwll i
d~..sii .nd dl Hn and wind.wn~ inwrana pdiciei on an~r of ~.W buiMWq~. Mw in1M.~t thwNe a part 1Mr~of. h 11~ +pp~p+N wn~ ~foraaid a
In ~oo~at Nw~of, ~MII oonqin tM u~wl st~ndatd morqap~~ tlau~ a~utl~ o1hM ttawt aa tIN MortppN ^wY ~quirl. ~kieq tM loa w~1n Mid po1F
u.~. •.d? uid .wry. p~rabN a ~atd A1ortTCil?GEE as in intKnt n~.p appw. ~nd ~+d~ and wr.y wd~ pq~~clr sh+ll b~ pron~+hr ~+~d Md dsuvK~d ro
~ny h~W by said Al10RTW1GEE u fvrtl+M kcurtlr 1o s~id ewrlp+p~ d~bt. a~d~ nof (ta tMn Nn (101 d~Yt M~dv~na of tM ~xpk~tian of ~ad~ polic]?. b d~
I~.e. to aid MARTGACsEE ~ r~w~l tMnof, top~ttwr w»h ~ naipt fa ~M phn+iwn of wd~ r~w~1i w+d ~h~n ~MII b~ no fin a wi~~am teawu~w
plsc.d on any of aid buildtnp~„ ~ny In»rat tMnin w p~rt tMrwf. unlas in th~ fonn uid with th~ loa p~yabb u~forNatd~ ~nd In th~ ~wM a~ryl win
of mw»y Mcon~s piy~bit wd~r wch polit~? a polid~a wW MORTGAGEE shall Mw tl» option to nalw and ~pply tM ~+nw on ~oooent of tlr tnd~btd~ ~
neu wevnd h~r~by o~ w pKmit ~aW MORTG/1GOR5 to naiw and uN N w aey p+rt tM~+of fa aM. pwposM„ wi~hout tl~u~by w+ivieq a ~np+ia .
iny any eqe~b. or right unde~ a by vktw of thk mocty+~t M+d in tM ~wet aid MORTGACORS sM8 fa any t~a~on hU to kNp th~ ~+W pnmiw~ w ;
~~,u.ed. or f~il w d~livar P~~P~hr +~Y of said pol'~d~s of trnwu~a ~o said MORTGI?GEE. « s.u ~~y a P.r wiM «~r a•~ ~n...ro. a .~?r i
re~pect fail to pnionn, dischuye. ex~cvte. ~ffM. comPbt~, oomplY with ~rd abid~ by tl+i~ oownant, or any part Mnof. said MORTGAt3EE nwY p~~a ~nd ~
PaY fa wd~ kKwana a any p~rf thtrtof witho~rt waivirp a aff~et~0 +~1? ~p~a4 ~M~L puih?. oF ripM ued~r ar by virlw of thb ~a~t~+p~. and tM
full amount of tach and ~wry wch paymN+t ~h+ll b~ inwnediably dw ~nd p~yabb ~nd ~Mtl bwr inha~t fran tM dab 1h~no1 w~tU p~id at tM n» of
rine per pntum pK annum and topether with such inter~st ~l~all b~ s~cw~d by tIN UM of thi~ nw~tpp~.
4. To pKmi~, aommit or wff~r no wast~. imP+i?ment a d~t~ia~tion of ~aW propKt~r a~njr paA fM?~of. ~
5. To pay all ~nd sM~pular tM can. ciwrp~s +^d ~xP~^w~. indudinp s nasawW~ ~ttamY'~ fM w~d aoq~ of ~bqwcM of tifb. inax~~d a paW M
any tir+r br s+id MORTGAGEE, b~av~~ or in tM ~vMt of tM fsihin on tM pwt of tM sdd NIORTGACsOR to duly. P?omP~~1? ~nd iully p~rfore4 ~ ~
ezecute. ~ff~d. canP~~t~, comPh with snd abtde by ~ad+ ~nd wKy tM st~tio% pre~nts. aonditioti. and aor~nn of said promiawry no1~ ~nd thi~ .
mortg~ aMr ar ~itha. and ~a;d cats. cFNrpa and ~xp~eaes, Nch and wery. ~MII b~ Yn+wdiat~y dw ~nd payabl~~ wMthN a nof M~n M notia d?
mand, attempt to oolbtt or wit pudinpt ~nd tM fvll aiew~rnt of ~atb and wKy t~eh paYn~d sh~ll bNr tnt~trat itan tM dat~ tl~~of uettl p~W N tM
rate ot nin~ per o~ntum pe? umwe: ~nd ~il said oosta. cMt~s and ~xp~nas incurnd or p~id, topNhu with wch InNna1. ~h~ll b~ wwnd by th~ li~n of thi~
mortpp~. .
6. Th~t in tM ~wat of any breach of Nds AAort~ap~ ot d~fwit on tFr part of tM MORT<3AGOR. or (b) in tM ~wnt any of wid ~unM of mor+~y
herein r~f~rted to bs not {xomptly ~nd fully paid within thirty (30) day~ n~xt af»r tl+~ samt ~evN+lb b~can~ d~'~ snd WY~. ~ a^~~,
or (c) M ths w~M ~ad+ and evsry tl+~ stipulstioru, prKnwnfs. canditian ~nd cov~n+nts ot u~d P+o~o~Y not~ and this narpp~ M~Y a N~ ~^01 ~
iu1y, won+Ptly and fully p.rfwm.d, dtsch.rpad, sx.wt~d. .fhn.d. canpbt~d, oanpliid wirh ad .Wd.d ry, th~n in ~ith.r a an~r wch ~v.M H~t uid aP -
pregate wm mN?tia+ed ln wid promiuwy not~ then nm+ininp unp+id, wiM inqnst ~wwd, aod dl moMy~ Ntund. hir~blr. ~hali b~oonN dw and P~Y~ - ;
eble fonhwith, Of fI1NNftN• at th~ option of said MORTG/1GEE. ~s futiy and compl~ttly a ff all of the wid tunr of e~omY w~n oriplMl~Y stipub»d '
ro be paid on wch d+y. ~nyrtwg in •aid p?anwwry ~wn or in ihis Mortyay. w*M eonnary nww»Faundinp= ~nd ~~u~wn w fh~ftK a th~ option of
seid MORTGAGEE, withouf notip or dtma~d, wit ~t law or in squity, t1~~Fort ot tlwnafNr b~r4 wr b~ proMatid M if dl mOMyt NaK~d hM~by
had matursd priw to iri irotihAion.
7. TMt in the event tMt ~t ~hs Myinning of or ~t ~ny time p~nd'uip aey wM vpa~ t6b Map~, a to far~da~ h, w w nform h, a fo ~nfap ~
paymcnt of uiy daims herwnder. said AIIORTGAGEE shall apply fo tFM Cowt h~vinp juradiction thttwf foI th~ appoinlnwnf o# ~ R~aivM. wth Cour1 fhall
Forthwith appoint r roceiver of sai~ mortpsped prop~rty all and sinpulu, includu+p ~II and sirpula tM inaom~. profits, MwN Y?d nvNwM frpn what~vM
source deriwd. e+ch and every o~ wFiKh, it beinp ~xpressly vnd~rstood, is l+~reby nwrtyay~d a ff~fiuliy Nt faM ~nd d~wtb~d in thi Oant~np +ed ;
habcndwn davass hereof, ~nd such Raceiwr shall h~w all the broad snd ~ffeuiw fwrctioes ~+d povw+s In anywit~ Mtn+st~d bY ~ Cour~ tV ~ R~aiwr. u~d j
•uch appointment shall b~ made by such Court u an admined equity and ~ m~ttK of abwlut~ ripAt to wW MORTGAGEE. and wlthoul nf~nna 1o th~
sdequscy or in~dequacy of tl+~ v~lve of the propaty mortga9ed or to th~ sohrency'o? inso~v~eecY of a~1d 1NORT(i/?GOR a fM d~f~^d~r'N„ and that weh ~
rents, profits, intome, issues and r~venwa shall be spplied by suth R~ceiver acootd"u+p to th~ (ia~ or p~lb of Mld MORTGA~EE and iM Pr+alq of wth ,
tourt.
B. To duly, wwr~ty to~h w~o?~n. d-~+.9.. ~x~wte, effect, oompl~t~. oomplY wtM snd abW~ b~r wch ~nd wuy th~ aHpulation~. ~pn~nb.
conditans and oove~ann in s~d prombsory not. aed this mortpspt sN iwth. ' .
9. That in tM ewat the ovw+ership of ths mwt~+0ed Pra^i~s, w aiy puf tMhof. b~oornn wtt~d In • pawn oflwr than th~ MORTG~AGOR. fh~
MORTGAGEE, (ts uecoesson and auipns, may, withaA notke fo iM MORTGAOR, dM) with wch wooM~a a~wr in int~?at with nfKrna to thb
morrg~ and ths debt hereby secvred in tlw sams mamer as with Matyqo? w'~thout in ~nr way viti~tMp a fiadwpGg th~ Morty+0on~ Il~bllfty Iwr~
under w ~pon the debt hereby secured. No sale o4 the premis~s hereby nanpaped and eo fwb~ar~na on th~ pan of th~ MORTGACrEE or lt~ q+oteawn
or as:igra and no extcnsion of the Y~me fw ths paymcnt of the debt hereby secured yiwn by th~.11RORTGAGEE w ks wa~s~on ot asipM, ihall op~r+t~
ro releaae, dischar~e, modify cMng~ a ~ffect the orip~nal li~bility of tM MORTGAGOR 1?~Nn, Ntha in wlwb or M part.
10. It is specificslly ayreed that !ime b of th~ euenu of tAis aontract ~nd th~t no w~hra of ary? oblipatan haMx~dn or of tM obll~tion tf
cured haeby shall st ~ny time thereafter be heW to bs a waiver of ths terma hanof w of th~ irotrun~M wwnd Mrby.
11. In add~tan to the forego:ng monthly p~yments of princ:pal and imeresf nqvird by fhs promi~w~? ~oM Ntvrd her~y. morfppor oov~n~nM
and agrees to par to morty~gee with s~ch mo~thlY p~yment an ~dditiaul sum estimat~d by.mortppN to b~ pual 10 1~1'1 Of the aMUal tost Of fIM fOlbw-
ing:
A-AU real property taxes kvied or assessed aysinst the ~bove described re~l ~staro.
B-Premivms on fire and windstorm ira~rranp as herein requ~red to bs carritd on tM Improv~nNnis situat~ On f1N ~bOw d~tc?Ib~d Pt~mhM• t
C-Premiums on wch mortg+ge gwranty insurance u mutyaget ~hsll from time to tim~ de~en flt to eanl/ on th~ b~n s~cvr~d IwnbY. ~
~ Mort9sgee shail from time to time notify mortg~gor in writinp of the amount dw snd paY~ble lw~wnd~r ~nd suth wen ahall M~rwpon b~ dw ~nd
Fayabte on the duc date of the next monthly payment and each succestivs month thereafter until nwrty~~ sh~ll notify rt~orfppor of a d+u~p~ In suth
amount. S~rcb sums shall be ~pplied by morsga9ee towsrd thc paym~nt of rtal prop~Ay tax~s, imwaea pruniwro, and mortpp~ pwr~? lewt~nt~
premiurtq. ' - ~
IN ITNESS WHER , the said MORTGAGOR has hereunto set his Asnd and s~al th~ d~y ~nd y~ar ffnt afotMatd.
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a th~ presenos of: !
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STATE OF fLORIDA ~ -
couNnr oF 3t. Lucie ~
- aetw• me pe..ona0y .ppea?ed J tue s F. ~~h and
_ Marr J~ne Bush w. M,~r., to m. w~l~ ke~o~n+ a+a krawn w +o b.
the individu~b desaribed in and who ~x~cuted the fws~oig irotturrMnt. and adtr~owlsdp~d b~fon nr M~t they ~x~cvt~d the ~arn~ for tM purpwes
therein expressed. Ard th~ •~id Narv J t7w $i1f21
w~f~ of rhs Wid ~ J'aaen F. Bush • . w«~ • sp...a a~d pfi?w_=~" ~
examinsYao by me taken sep+rate and spaA from hsr atd Mhb~nd, ackrwwkdped b and befor~ ms th~t sM ~xewt~d wid iratrum~M ftwlr-a~d..~iwr
rar~ly and withovt any compubiw~, consn~int. +PPrehensan, or fwr of or fro~n s~W ~uu~rru~~
WITNESS my Mnd ~nd offici+l s~al dti: ~r~y day af `'~-s ~~`u •`~+:1~r/~~
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Fint fadKSl S~vinps 3 Lwn /~ssocistiat ' = • • ; ~ `
or F«, r~«u. • ~qrAR1r Pu~16. t~E =
. Fat Pia.ce. Pbrid+ ~a W COYMISSIdI~.'~.~~~r
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FIlEO AND RECORD : .
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. St•RE~~RO VERIF ED . - -
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'61 JUl 24 PN 3:3~ ~ -
~~"'.G;~~s
CLERK CIRCUI7 COUR; dppK 16'`~ PAGE1159 ~
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