HomeMy WebLinkAbout1903 ~ ~ .
To placr a~d coMGwowly kNp on ~In bu1WMp~ now a Mr~atur Wtwq on uld bnd ~nd on ~11 ~qulpMnt ~nd p~now.lly cownd bY ~hp na~~
~g~, witA dl p~~Iumt tl~wn p~W in full, tin kuw~u In tM uw~l sl~ndard pollcy Iorny In ~ wia ~pprowd by 14w N1pRTGNGEE. ~nd wtnd~~am
in~w~ec~ In ~h~ uw+) ~undard pol~cy tanl. in ~ swn ~pprov~d by ~M MORTGAGEE. In ~uch company a compa~?IN a~ ~h~ MORTGAGEE may
dirKl~ ~nd all tk~ Md wNKhlonn Maw~ po~kie~ On ~ny ol Nid bulldinp~, any InqrtN 11?NNn w put tl~wl~ In ~M apqrp~~e ~u~n ~1aeuW a
In ~xcai ~haeot~ ihall contain tM wwl slami~d mortqap.~ daw~ a ~uch ahM clauw ~M Mori9~ nuy ~~q~w~, n?dinp ~M los~ under said poli.
de~, each ~nd ~wry. p~Y~bb a s+ld MORTG/1GEE a in IMer~st nNY ~pp~ar. and tach Md way ~ucA policy ~MII b~ panpdy ~a:p~d a+d dei~wr~d ~o '
, any Mtd by iaid MORiGAGEE fwiha wcwily ro sald mor~psp~ debt. and, no1 bu tMn I~n (101 day~ Mi adv~nc~ o( Ih~ ~apkalion ol each PoiKr. ro d?
Itver to uid MORTGAGEE • renewal ~herwf. ~op~tl?K with a nceipt (a tM p~emiwn o( tuch rennwal~ ~nd ~Mn aMll b~ ro fin a wind:~am inwr~e~c~
placed on any of taid b~lld'ug~, ~ey intore~l tMnin o~ p+~t therwi. una~s In tM tam ~nd with tM loa payabl~ a dw~said~ and in ~he ~ven~ ~ny ~wn
oi money becoina payabl~ ~nde~ such pdicy a policks wid MORTG/1GEE sMll haw ~M opiion to rec~iw ~nd applr tM ~ on acou~~ ot ~he indeb~ed~
ness iecured I~~by or p permil ~aid MORiGAGORS Io rec~lw ~+d us~ il p~ny pail ~he~eol fa other pwposes. w~~houl Ihaeb~ waiving a anpa~~.
ing any equ~~y, litn or rDphl wwk* or bp vi~~w of this malyap~j u~d in IM ~vent ~aid MORTGAGORS ~iwll (a any r~aton t~il to keep th~ s~id prtmitei so
~n:ured. a iail a d~liver pranptlY ~r of saW policies ol inwn~?c~ ~o aid MORTGAGEE, w t~ci ao~y?ih ro P.r ~~uy ~ny pr~mi~m ~he~efor a in anY
re~peu (ait ~o perfwn~, dixhar~, execut~, ~If~c4 eompb~~, cony~ly wi~h and abide by ~his eown+n~, w any pu~ Ik~wf, uid MORTGAGEE m~y p1~c~ and
psr (a such in~uranc~ w any pan ~he~eof withoW waivinp w atfedinp any op~iwy IMn, pviry. a ri~h~ w~de~ a by vu~w of ~his Mw~9a9e. ~nd ~I~e
tutl amoum of eacA and ewry ~vch piymani ~hall be immed'ulely dw aod p~yable ~nd shall b~u MMretl lran ths da~~ Ihereo/ uo~il paid a~ th~ ra~~ o!
nt~e pe~ cen~um pe~ arowm and ~o~e~her wi~h suth intero~l ~hall be secrrsd by Ihe li~n ol IN~ matqap~.
1. To psrmit, catintl w wfter no wat~. Mnp~kmN?t a de~erawiwn of sa~d p~ope~ry a any pa~t the~w~.
S. T~ pay all ~d sinpulsr IM coat~, chupes and ~xpN?se~, Includi~g a reason~bk ~nwney'~ (e~ ~nd cosn o1 ~Mn~c1~ of tltl~. kKUned a Wtd H
any ~tms by sa7d MORTGAGEE, beca~ a In tM ~va?t oi IM failwe on tM part of tha s~id MORTGAGOR 1o duly. prompdy .od fu11y pe~l«ny d:uharga
exccv~~. dfed. compkt~, comply with and ~bide by tach and every tM itlpula~ani, ayreemen~s. condilioos, and aowoanb ot s~id promisswy rwl~ and ~hii
mortga9s ~r?y w athe~. ~nd said coits, cMrpes and ~xp~nses, e~ch ~nd ~very, sMll be imrnediately due aed pay~btr, whedw a no~ ~hen ~ YAlitf da
mand. ~nemp~ to colkct or wil pendiigj and ~M full ~rt~wnt of each ~nd every wch paymem shall beu Interat Fran IM dat~ Ih~reof wuil p~ld the
.a~e o( nioe per esnwm pe~ ~rw~wnj and all said cos~i, chupes a~d e~penses incwred w paid, ~ogeiAer with ~uch in~er~st, sMll b~ s~cured by fM liee o} thy
mortyag~,
6. TMt in tM ~vent of any breach of this Mortpa~ o~ defwll on th~ put of tM MORTGAGOR, w(b) h th~ went ~ny of uid sum~ of mon~~
herein refe~red ~o M no1 promptly ~nd fully paid wi~hin Ilwry (30) days nea~ alta ~M same ieverally becan~ dut aod p~yable, wlihout d~mand o~ no~ite,
or (c) In Ihe ev~nt ~~ch and every tlr slipu~aY~ons, ~greeme~ts. condi~ans and coverunts of sa~d promiuwy note ~nd tla~ mortys~~ any a eithe~ ue not
iuly, promptly and (ully performad, discMr~ed, execvted, etfec~ed, compl~~ed, compl~ed_w~~h aod abided tiy, ~h~n in ei~he~ or any ~uch ewn~ ~M uid a~
Q~egate sum mentia~ed in uid promiuay iq~~ tha~ ~emaininp unpaid, with in~eresl ~cuued. and all moneys s~cured hereby. sMll becant dw ~rd pap
ebie fa~hwi~h, or ~Mnalter, th~ option of said MORTGAGEE, as fuly ~nd compktely as ~f ~II of tM a+id sums of money were orqinally uiputa~ed
~o be pacd on wd~ day, any~hinp in said pomiuory note or in this Maqa~ 10 ~M con~ruy notwi~hsundinp; and tl?Ke~pon w ther~afra a~ t!N op~an of
~etd MORTGAGEE, withoul naite a d~maed, sui~ ~t !aw w in equ~ty, there(ore « there~t~e~ be~wy may b~ prosecu~ed ai if dl mone~ra s~cwed henby
had malwed p~iot lo i1s infliWtial. `
7. TM~ In tl~e ~rau that ~t the begimin9 of o~ a~ any fim~ pendirg any suit upon this Nbnyag~, a b foreclos~ H, w to rsionn H, w Io enforp
paymenl ol any claims hueuoder. s~id MORTGA6EE sMll apply to IM Cowt having jwisdic~ioe ~hereof fa ~fw ~ppoin~meM of ~ Receiver, such Cour~ shall
to~~hwi~h appoin~ a receiver of sai~ mortpaged propertY all and sinpulu, Includ~np all and singular 0» incane. profi~s. Issws and revenws from wha~ever
so~rce derived. each ~nd w~ry ol whKh, it beirp expressly undas~ood. is herebr matg+ged as if specifiully se~ (or~h a~d desuibed Io tM p~aming and
habendum clauses he~eof, u~d such ReuirK tl?dl have +II ths broad and e((ettive funct~ons and powen in ~nyvnise em~utted by ~ Cowt to ~ Receiver, and ,
cuch appointrn~nl shall be m~d~ by such Courl as an admilted equity and ~ malte~ o( absdu~~ ripbt -to said MORiGAGEE, and witho~l re(erence to tM :
adequxy a inadequacy of tM wlw oi ~he property mor~ps~eed or to ~he whrency or insotvency o( s~id MORTGAGOR or tM de(sndants, and ~hat wch
re~~s, protits, incoms, issws and r~verwes sFull b~ applied by such Raceiver auwdinp to IM Ikn o~ equity of said MORTGAGEE and the pr~ctiu o( wch
Cou?t.
e. To duly. PranPrh and tuth P«form, ~sch~.~.. ~x~cvte, tliect, complete, oomply whh and abid~ by tach and ewry tl» ~tipvla~io~a, agreemenn,
conditions ud tovenam~ in said prbmluory not~ and ~his mor~yp~ a1 iw~h. '
9. Tha1 in tM wMt tlw ownKShip of th~ nwrlp~p~d p~emise~. a ariy put thereof, becomes veued In • pKSOn WhK than tFr MORTGAGOR, tly -
MORTGAGEE, tq succeswn and ~uiqns, nw~, without no~ica to th~ MORiGAOR, deal wi~b iuch waessor or wcce~sor in ;Mereit wi~h reinence ~o thu ~
mo~~g~gs and tFw debl h~reey setwed in tM sam~ marw~ar as with Mo~lgagor withow h~ny way viti~~4y or dischar9lnp IM Mortgagors' Nabilitr hera
under or ~pon ~hs debt hereby secwed. No sal~ of IF?~ premise~ hereby matgaged aod no Iwbearsou on tlr put of tM MORTGAGEE or ih ~uccesioa
or assigna and no ~x~eiuion ol the ~im~ fw tM paym~nt of the debt hereby ucwed piven by 11» MORTGAGEE w its wccnsors w+ugra, ~fwtl opaa~e
io releasa, dischar~e, modi(r chaoge or aftect tlr oti~in~l liability oI ~ht MORTGAGOR htre6y eithsr in wlwb w In part.
10. 1~ b specifically ag~eed that tim~ h of th~ es~enc~ of Ihis_ coNnct and thsl eo waivar of ~ny oblig~tion her~under or of tM oblig~tan se-
~ cured hereby ih+ll at aey time thereatler be held fo be a waiver of th~ t~rms hereof or of ~ha 1r?iuwnent ~ecvred herby.
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11. In add~tion ~o tl?e forago:ng mw~thly paymeats of princ:pal and intaest reqvired by th~ p~amissory note ~ecvred hereby, mat~agor coven~r?b
1 and agrees to pay to mongagee with esch monthly p~yment an additioa~l swn es~ima~ed by matgage~ to b~ eqwl b 1~12 of tha u~nual cost of the follow-
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A-All real property laxes levicd a assessed apairqt the above dewibed ~eal esule. .
B-Premwms on ('ue and windstwm insw~nce as twein ~equKed ~o b~ urried on the Improvemsnts sitwt~ on the ~bovs desvibed pr~mises.
C-Premivms on such mort9sg~ guuanty insurance ss mor~y~gee ~MII (ran ~~me to tLne deem fit to carry on th~ ban secured hcreby.
Mortgagee shall from ~ime to time no~ify mw~gagw in writiag of Ilr ~mount dw and payable hereunder and s~xt~ wm shall thereupon bs due ~nc!
i paysble on ~he dw d~~e of th~ nex~ moothly p~ymenl and exh auccessiw month thereaNe~ until ma~gsge~ ilull ra~ify mor~gagw of • chsnge in svch
~ amouM. Such sums shall b~ aQplied by mortga~a~ loward t1N p+yment of real property uxes, inswance premiwns, and mort9sge 9~~ranty irounnc~
premiumt.
~ IN WITNESS WHEREOf, th~ s+id MORTGAGOR has herwnfo ~et hk h~nd anc! sesl ths day ~nd y~a fba~ afaesaid. 1
, al~d and ddiver ob }
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STATE OF fIORI~A ~ -
couNrr oF - St_ Lucie '
s.r«. m. P...w,.uy ,~.,..d Perr~ L.1°vd ? ~Tr ~
~7 ~~n_e L.lAVd hia wfi~, w a~ wd1 known u~d krwwn w m~ w bi ~
~he Indiridwb dewib~d in ~nd who ~x~wted th~ fwpoirp Gutrunw~H, ~nd acknowl~dpd b~fw~ m~ ~hal ~h~y ucetuted th~ sam~ fw tfr purposes .
ih~,e:~ .xpre~..a. N,d ~h. ••ia - Lyliane Llovd j
wi(e o~ ~M uid Perry j~~p~s,~~ Jr ~ • , upp~ • sep~.aq ~nd p.tvar~ ~
e,caminalion bp m~ NkM ~epuat~ ~td apart from bu u1d ~~~tkrwwl~dged b~nd befon m~ th~f al» ~xecuted said Instrwn~nt (reely u?d volvm ~
~e.~ly ~nd w~iharr u~y compulsion, cointraht, ~pprsh~nsion, i of a irom her s+id nd.
~ WITNE55 my hand u~d oificial Nal tti~ daY ~ A. D. 19_.~.~ ~
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NoNry Publk in ~nd fw tM Sute of Flo?ida ~t l~rps ~
RNurn Ta My ~~'~0° ~"~1°1~otu~ Pu~K, Slite ~I Flori~a ~t luge
Fln1 f.d.n1 sa~p. a~o«~ Auoc~~k,n M~ Commissian Ex~es ~lor. 3, 1969 ~
O~ fon PKra.~ F ~ b.ad ~y w.«.~.. a c....r. t..
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CLERK CIRCUIT COUR~ gppK16~ PACE~9Oc~ " Q
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