HomeMy WebLinkAbout0130 z , . ~ ~
S. To plao~ and coMMwovily ke~p on ~M build'u+g~ naw a ha~+fla siwah on utd land ~nd on ~tt ~qulpm«M ~nd pKwn+lir oovK~d bY ~~iP
p~. witl~ all pr~miwra therwe paid in fu11, fire ha;ir~nu in tM uswl N~edud polky forn~ Y+ • sum +PP~owd b1? tM ~i~~~
~E ~Y •
~niwanoe in tM usw) sandard pol~cy tam, in a sum ~pprov~d by tM MORTGJIGEE. in wd~ ~y ot ao~Aw+Ms
dinctj and sll fin u~d wiadiwrm Gnwu~ P~ic~ on ~ny of s~id buildinp~. ~ny int~n~t tMr~h a pwt tM~wf. in th~ pp p+t~ ~wn afonwid or
In ucc~q therwf, ~MII coMain tM usual sbndxd mor~y+~ee d+us~ a wd~ ah~? clauw a tM Mapap~+ nw1? ?~quini. n++kMq 1h~ loN a~ uid Poli'
cia. Nch and ~wry. WY+bI~ w s+id MBRTCsA6EE a its interesl miy appN?. and t~ch and ~wry ~~ch polky ~h+ll b~ pranpNY +a:~^~d and ~Milwnd /o
•ny Mld by wW MORTGA(3EE a futtl~ s~curity ro ssW mwtp~~ d~W. ~nd. not M» tAan rM l10) dsYe !n eslrs~ d th~ txpk~tion of ~ath polkl?. b d~
IivK M saW MORTGAGEE • r~w~l tMrwf. top~tha wi~h a renipt fa tM pna~lum of sucA ?«~ewalt and th~n ~II b~ no f~n a wind~tam Mrwana
plac~d on any of said buildinys. any inurat tMnin w p~h tMrwi. vnlas in tM form and with tM loa p~1I~bN a ~fons~idt and h Ih~ ~wM any sum
of nwn~y b~canas payaW~ vnder wch policy a policies s+id MORTGAGEE ihall h~w th~ optioe b naiw and ~pply tM ~+nw on ~aouRt of th~ M~d~bt~d~
^-•s a•_:~~•a~ h•.*•!+y o! pr.~t~ ~aid MORTGAGORS ro noeiw ud us~ h w aey put ther~of fw other pwposea without thK~by w~ivinp a imp~ir
in~ sey puity, ti~n or ripht w~da o~ by virtw of this mort~ape~ and in tM ~w+N ~aid MORTGAGORS ~I?~11 fa ~ny n+wn fall to kNp t!r wid pnn+iws w
a+su.ed, a f.tl w d•?iw+ PromWN +ny of s+id poliaes of imuraoo. w w~d MORTGJWEE, w f.ll P~~^Wh? w WY fi+~h +~Y v~ ~ha.for a tn .nr
ra~pact fail b pNfwin, d'adwrp~ ~a~cvt~ ~fhd. comPl~t~. aomplY with ~nd ~bid~ by thi~ aov~n+nt, or any put Fwnof. wW MORTGAGfE nuy pba and
wr fa weh inw.aoo~ a~nr pwt tMnof witha?~ w~ivinp w aff~eNnp +nY aWion. pab ~4~+~1/. or ripM ue~ a by virtw of tfib Mappr~. «io in~
full amow+t of Mch and ~wry wch p~ynwnt tMll M irtwmdi~bly dw and pysW~ ~nd ~hall b~ar tnbr~t fran th~ d~h thKwf untU p~W ~t th~ nb ol
nin~ p~t pntvm pa arwwm ~nd topetha with tuch k~terest sM11 b~ s~cwsd by tM li~n of tMs morqg~.
a. To p~+mit. oomnut a wff~? no wsst~. im~iren~nt o? detKiaatan of ~aid prop~ny a anlr p+N f~wf•
S. To pay all aed atnpvlar t!a costs. cf~a and expenws, inciud'uq a nasooabi~ ~tlorney's fN and oos» of aMtnet~ of titit. inevn~d or pald ~t
eny Yuns by said MORTGAGEE, because w in tM ewm of ths failun on th~ pHt of Nw sald MORTGAGOR 1o du1y. prompth? and fully pNiorn~,
execure, eff~d, compkt~, oomply with and abid~ by ~~ch and wery rfie stipulatioro~, prNmeeq. oooditiaw and aown~nM of s~id promts~aY noh ~nd
mo.t9+~e +nY w ~i~ha. and said costs. charyes ~nd ~xpeaMS, ~ach and wery. ilNll ~ MnMdialfly dV! ~f1d piy~bl~J WMtINf O~ f10f tIN~~ b~ notia d~
mand, attempt fo collatt or wH pendingt and th~ full amount of tath uid aw~y s~d~ p~Ym~nt ~MII b~u ht~nst frotn th~ d~t~ M»r~of wNil p~W ~t tM
rate of nin~ per centwn per uwwms ~nd all said oosta, charpes and expee?~es iacwnd or p~id, topNF~u with wd~ In»nsl. sh~l) b~ s~wtd by ih~ IMn of thM
mort~~.
6. That (a) in the we~t of any breach of thb Matyap~ or d~favh on tb put of tM MORTGAGOR, a~ (b) M/M w~+t ~nI? of w~d wn~ of na~y
herdn r~fen~d to bs not promp~y +nd fvlly paid wirhin thury (30) days Mxr after the wn~ wvsrafly b~ca+r dw ~nd p+yaW~, wtthout d~mw~d or ootiav
or in th~ ewnt each uid ewry the stip4tations„ apreem~nts, conditaro u~d covemnb of s+7d pranissaY not~ +nd tlw narlp~ a^Y a ~IMM u~
~uly, prompNy ud fullr perfo~rned, d~r9ed, execvted, effected, compk»d, compii~d with ~nd abid~d by. tMn h~itMr w an~t wd~ ~wM tM Nld +Y~
gregat~ wm memia~ad in s~id promissory note tl~en remainiop vopaid, with inr~nst aoawd, and ~II moewy~ a~ew~d. h~nbr. .h.u b.oa~. a~+. «+d ar
aoie iaii~wiin, or inereaiitr. ~i iia vpiivn oi seid MORTGAGEE, ss ivlly and ton~INely as ff all of tM ssid swM of monty vwt~ wipbWlly tfipulaHd
to be paid a+ suth dsY, anYtFwnp in said promiuwy note or in th.~i ~!!~rinsw M tl+~ tontrary notwithstaod'agt and th~rwpon or tl~tafq? N ~M option of
csid MORTGAGEE, without noric~ or demand, wit at Iwv w in puity, tMr~fon a NNn+ft~ b~+A. nap b~ Prowevbd a if all mon~yt ~KUnd h~nbY
had matured priw to in i~ntitution. - •
7. TMt in N+s weM thar at Nie b.ginninp of or ~t ~ny time p~nd'mp ~ny wM upon this AAortpp~, a to fonebw h, w.1o nform h, a to ~nfwa
paymept of ~ny da'wns ha.eunde~, said MORTGAGEE shall apply to tM Carn h~v4p jwisdiction tMrwf fo? th~ ~ppoinUmnt of a R~iva, a+d~ Cou~t sh~ll
forthwith appoinf a receivet of sa' mottps~ad proP~?fY all and sinyvlar, indudag al) and siigula~ tM inoom~. profiq. b~w~ ~e?d t~wew~~ fran whatwK
source derived, each and every o~whKh, it beirg ~xpieuly unders~ood, is hereby mat~+yed a if ~cifitally kf forth a~d elNVibd N thi pqnWp ~nd
habend~m dauses hereof, ~nd wch Receiv~r shsll hsve all fhe broad ~+d effectiw f~ncNOns and poMnts in anywia~ ~nnwt~d by a Cowt t~ ~ R~oetw?, and
such appointment slull be made by wch Coun as sn admitted equity ~nd ~ m~thr of ~bsolut~ ripht b ~+id~ MORTCsAGEE, and withouf nfN~np b th~ ~
edequxy w Insdequacy of the valve of the property mwt~sy~d or to the aolv~ncy a insolv~ncy of uid INORTGJIGOR or fM d~f~ndsnM, and th~t such ~
renrs. profid, income, iuues snd revenves sh~ll b~ applied by wch R~c~iver acoordinp to tM li~n or puhy of Mid IWORTGA~iEE ~nd th~ pr~etla ot wch ~
CourT.
B. To duly. PromPtly and fullr Perfonn, d'nchary~, exscute, effect, complet•, can~lY with uid ~Wd~ b~? we~ ~d ~v+ry th~ atlpubtiom. apr~1~.
conditions and covdNnri in said promissory not~ and this mortys~e set forth. " •
9. That in tM event the ownership of the mor?gapad premises, a ariy p+rt ther~of, beoomes wsbd M~ ~ P~rwn o1Fwr 1h+n th~ AtiORTCsAGOR, th~
MORiGAGEE, lts successo?s snd usipro. may. without notke to the MORTGI?OR, deal with ~ud~ woo~or or ~raNw? in intenst witl? ~K~no~ to thi~
mortg~ye ~nd the tkbt hereby setured in the ssme marr+er as with Mwty+gor withouf in ~ny way vitiatinp a ~d~Q inp Mw Mor~qa0on' li~bllity h~r~
under w upon the debt hereby aecured_ No ssle of the premises hereby mortyaped and no forb~ar~no~ on fh~ p~rt Of 11N MORTGACsEE or 11~ woo~a~on
or a:sgen and no extension of the time fw the p~yment of the ckbt hereby secured yrvM by the. MORTGAGEE a its tuca~s~on or auipnl. atrll op~rd~
~o release. dixMrye. rtadify ch~nge or sffect the oripin~l li~bility of the NYORTGAGOR hair~, ~itiwr in whoN or In p~rt.
10. It is specifiully agreed th~t time is of the eucnce of this contrad and tMt ra w~twr of any oblipation b~rwnd~r a of 1h~ oblfp~tfOn N~
cvred herebr shall at any tim~ therea8er be held to ba a waiver of tM I~rms herwf w of tir in~tn~nsM s~tw~d lwby.
11. In add~tac~ to the fo~ego:ng monthlY payrnMri of pri~'paI and interest required by th~ promisw~y ~or~ s~cw~d hereby, nwrtp~pot oov~nM
` and agrep to pay w mortyagee with each monthlY paymer~t an additanal swn estim~ted by martyapee to b~ pual W 1/12 of th~ anewal ao~t of th~ follow- ~ t
;n9: }
A-All re~l property tsxes kvied o~ sssessed against the above described real estate.
B-Premiums on fire and windstorm inswance as I+erein requ~red to be wrried on ths lmprownwnf~ i+tuab on th~ ~bov~ dew~d prNnkM.
~ C-Premiums on such rtwrt9age 9wranty insurance as mortgsgee shsll fram time to time de~m fM M u?ry on fh~ ban Nq+rd Mr~by.
Mwtgagee shall from time to time notify mortg~gor in w?itinp of the ~maint due and pay~ble Mrwnder and such wm shall thKwpon b! du~ and
~ payable on the due date of the next monthly payment and each successive moe?th thereafte~ ~ntil mo~tyapN shall twtily mortyapor of • d+~n~ in wd~
amount. Such swns shall be applied• by mwtgsgee toward the payment of nd prop~rty taxa, Irowana pnmiwnt, and mwfyap~ puararHy In~vnnc~
~ premiums.
~ IN WIiNESS WHEREOF, the said MORTGAGOR hat hereunlo aN his hind u~d sgal the d~y and yw fhst ~fa~ld.
SiOead. S~alad and del' ed i~ the presar+c~ of: Hi$
~ Hunrl~~_6~4
rs~.~
~ re..p ;
~s..p i
STATE OF FLORIDA ~
~L~_ e ~ i
~ourmr oF ~ ~
B~fw~ m~ p~nooally sppeued F~art ,8~_,i, s~ ~.titlOvt3r i
_ I~w~lfe, to m~ well known and knawn to me to b~
the individw dascribed tn and who executed the foreyoirg instrumant, md acknowledped befon mt tFut ti~pr ~csa»ed t!a same far th~ pu~pw~s
therein exprested. Mili~rM~
rrtfe ~f-1Hrs~id ~ ~+f~r'/'~~ ~'P~
era¦~iwatirrY~r•a~~ak~w.~~pr~tr ani +p~A 4re?w-her wtd ~ sda+~+Aad~d ~v'~ bN01~"M1l1lI~f1~~ROMlZQd'iAAFJhRA11tA1si'ifpf"~IQiF'
rarily~d.vri~~. Mq.~ow~ukiay ~o~s~niM,~rahw+sioe,-vr ~wr~oi ~-~o~n~Mr~sld~f~wd. ~
WITNESS my br~d and official oe~l d,i~~~- day of A. D. 19~
. ,::..,r if ~i~
~Sdy~'••~ ' ,ry in «~d fa. th. Sua of Horid. at l..p. .
• . a '
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,;.~N • ~ ~ ; . Mr ~O""""~~l~~liiPUi. iTAiE Of fL!'~A AT tAME
~ r•- MY C1C~~AMISSION EXPtRE.S OCT. ~OI. 19T0
_ :c~~"4~Sn i~soc~at~on • ~o~oto ,rnwwwM rw~o w. a~oTS~MOASr
Foe~~~eic~ " ' !
' ~ p~.~~~a.. : ~ flLEO AND RECQRDED~
, : ~ ~ =
T~ ST. IUCIE COUNTY. FI.A.
' t`}~-P''• , C~ rf' 7 ~ ~ ~ RECQFD VERIFIED
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l. ~r--- a -j.a).9V IJr {
•~r,,..'-•..:. ~~t.
'61 AUG 31 AM 9:40 ~ - .
ie 0 i i?
CLERK CIRCUIT C URT
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