HomeMy WebLinkAbout0136 To pi+c~ u?d continuovsN ke~P on tM buitdinps now or hu~+h~r ~itusN on ss:d Isnd snd ow ~II ~quipn~M/ and PMSO~~Ih? ao~wr~tl bY 1hM r*orp'
~ye. with all pemiueM IhKeon paid in futl, fir~ ins~r~nce in N+~ uwai sundud policy fo~n~, in a wa~ ~ppror~d bf? 1M MORTGAGEE. and wi~+d~tw~
in~wae~ M th~ vswl nanc:s.d pol~cy to+m, tn s sum approv~d by tM NrORTGAGEE. M wd~ canP~^Y «~^P~ ~~~TtG/4GEE ~y ~
directs and ~II iin ud wirKharm iniuranc~ polk~es on ~ny of wid bufldinps„ ~ny inlK~st tFw~in or prt 11w~of. In 11M ~pprp+q ~wn ~for~MW a
In ~xoas tAenoi, sMll cont~in tM uwal standord morr9a9e~ cla~?se w wth o1Mr clwM a th~ Morp+~ m~Y ~W~. ~++~^0
cies, esch ~nd ~wry. p~Y+bM to s~id MORTGAGEE u its inter~st may ~pp~. and ~ach +nd wKY wch PoGh? ~h~11 b~ Pro^'Pt1y aa'y^~d a~d ddiwr~d W 2
any hsW by ~aid MORiGAGEE as fwther sscv?ity ro s+id mor~ya~ debL and. na less th~n an (10) days In «hana of th~ ~~pfr+tian of ~ach poUcl?. ~o dt ~
!~ver ro aid MORTGAGEE a renswal therwf, to~e~h~r with a receipt for the pnmium of wd~ r~wall and tMn ~M11 b~ no fin or windstae+ i~tyr+na t
ptsced on ~ny of said b~rlldinp~, ~ny interest therein w p~rt the~eof, unleu in tM fum and with ~M loss p~yabb a~fwe~ldj M+d in tM ~wM +n1? wm '
of moe~y baon~ pay~bM ue~ weh poliey a polieNS ~+1d MQRTGAGEE sMll Mw th~ option ro naiw and +pply tM ~ oe +eeounl of th~ t~d~b»d'
ness s~cw~d Mr~by a w p~renit s+id MORTGAGORS to reeeive ~nd us~ N p-any put thtroof fw otha puryaes, witAout th~+~by waivinp ot ~np~1r-
~ng any p~iry, li~n w rlyht unda w by virtu~ of this mwtyspe: a~d in tM ~vsnt wid MORTGAGORS ~hall fa ~+y nsson i~i) 1o kNp th~ uid Pnmis~s ~o
~nsured, or fail to d~livs~ prompdy any of s+k! policies oi ins~.e~c. ro s~td ~ttc~?c~~, w f~s1 P.o~th a pay fvlb «?y ~.e~?wn~ th~nf« a tn +~y ;
respect fail b pKfwm, dischupe. ~~ecvt~, eHect. COrt1P~ff0. comply with and abid~ by thb oown+nt, a anr put lwwf. wid MORTGAGEE m+Y P~~ ~^a
pay tw such 4aurar~t or any p~n tMrcof wirhout waiv'ap or affectinp +nY aP~~4 W~b. o~ ?ipM ~x~ a by vihw of this Map+p~. ~nd tM
full amovnt of tath and ~vsry such paym~nt shall b~ immediat~y du~ and payabl~ and ahill b~ar intt~at fran th~ d~t~ tMrwi until p~W ~t Ih~ ~a» ol ~
n~ne pe~ oMh?m pu annum and toyether wi~h wch int
~est sl+~I~ bs secv~ed bY tIK li~n of Ma mort~p~. ,
1. To psrmit, camnut or suffa no wsstt, imp~'umen~ w deteriw~tan of s~id propaty or an~r pwt tMrwf• ~
S. To p~y all aod sinpvlar tM cads. d~+r9es ~nd expMSes„ incl~d'ag s na~wubls attorney's fN a~d oab of abtncts of titl~, M~evrr~d or p~fd N
any tim9 by said MORTGAGEE, becaose or in the event of the failws on ths p+rt of ~M said MORTGAGOR to duly, p?anptty and fv~h? P~rfanL d'aclw~
execute, ~ffsct, compkte, oomply with and ab:de by each :~d eve~Y ~he stipulations, aprea+n~nts. cooditio~, ~nd eown~n» of wid praniiwry eoq and thN
n:orr9ape anY w ather. and ssid cosa. chuges c.~d eapenses, eech and every. ah+tl b~ lmm~diat~ly dw and p+y~bltt whetMr a not tMr~ b~ notia d?
mand, attempt ro oollect or wit p~ndnQj and the f~ll amount of e+ch and ewry wch payment ~hall b~ar intast fran tM d+b th~rwf until p~fd it tM ~
~aie of nine per ce+?tvm per arnwm: ~nd all said eosn. charges and expenses incurtd or paW. 1oy~Ma with wd~ 1eNtMb ~MII b~ Nwr~d b1? tIN (i~ Of Mi~
mortp+~e. .
6. T1wt (a) in the ~vent of ar?y bre~ch of this 1Nortgspe w default on the p~n of tlw MORTGAGOR, w(b) M tM ~wnf ~n1? of s~t~ ~un~ of n~°^~y
herein refen~d to be not promptly and fully paid within thirty (30) days next afte? tht sam! sewrally bKOnN dw ~od p~INbb, whhout dM~Nnd Or notia.
o~ (c) tn th~ event each and every the stipulations agreen+ents, conditia~s snd coven~MS ot s+~d p?omluaY ~~nd thu mor~p+p~ +M? o~ ~n _
iuly, proenpHy and fully performed, d~xharged. execvted, effected, compkted, complied with and abi~kd ry, tMn b~i1Mt a any wth sv~n1 fh~ sNd aa
gregate wm menria~ed in said ptomissory note then remainiry unpaid. with inferest acuued. ~~d all nwrwya Nw?~d. Mt~by. s1w11 b~ooilN dw aed p~Y'
able for~hwith, w thereafter, at the option of sa+d MORTGAGEE, u futly ud compl~tely as if sll of tM wid sunr of enop~y wK~~ brpbidlr stipulat~d
to be paid on such day, anything i~ ssid promiasory oote w in this Mortgage to th~ tonlruy notwithst~ndirg~ and tlwnupw~ o/ 1h~n~ft~t af tM optian Of
faid MORTGAGEE, without notice or dem~nd, wit at law or In ~q~ity, therdae w Nwr~aftK b~w4 ~n+y bt prw~cut~d M 1f al) n~omy~ Nwnd INnbY
had mawred Prar ro ~n institution. '
7. TMt in ths event thst at the beginning of or st any time pend'iny any wit upon this Mwfpap~. a to ~a~cloM it.. o? 10 1~(enn M. ot fo ~nloro~ ;
payment of any claims herev~der, s+id MORTGAGEE shsll appty to the Covrf having jurisdiction thenof far th~ appant~t dF i'R~t~tftlf. wch Cowf sMll ~
forrhwirh sppoint a receiver of sai~ mwt9aged property all and singulu. including sll and singvlp t!M intan~. profit~„ bwq and r~wnuM from wh+NvM
wurce derivtd. each and evary o~ which. it being expressly understood, is hereby mortgaged as if specifially iM foith and dawiMd N fhi OraMinp ~nd (
habendum clavses hereof, snd wch Receiver shsll have ~II the broad a~d effective funct~a+s and povvers in ~nywi~e Mnumd bY ~ Cowt p a R~aiv~r. u~d i
wch appointment shall be made by wch Court u ao admitted equity and ~ m+tter of absd~t~ ripht to taid MOR?GAGEE, ~nd withoul nfN~np fo fh~ ~
edequacy or inadequxy of tM valw of the properry mortgaged or to the sotvency or inw~vencY of said MORTGAGOR a tM eMf~ndanti, and that weh !
rents, profin, income, issues u+d reverwes shall be applied by such Receive~ ~ccord'~np to ti+~ liea w~4vih? of s~id MORTGwGEE and tM Paaio~ of wch
Court. '
8. To duly, promptly ~ed fully perform, discF~srge, exec~te, effect, compleq, oomplY with +nd abkM by wch and w~ry th~ st1p+I+tioM. pr~M~Nnb. ~
conditions and coven~nts in said promissory note and this mwtgsge :et fwth. ' .
9. That in the eveet the ownership of the mort9+8~ Pr~^~1• w ariy pKt thereof, beoanes v~sfsd ln • p~non otlwr 1Mn the MORTGAGOR. th~ ,
MORTGAGEE, ita :uccesson snd auigns, msY, wtthout notice to the MORTGAOR, dest wifh such auonuoa w M~oaNO? In inlaaf with r~f~nno~ M fhis ~
mo; tgage and the debl hereby secured in the same manner as with Mortg~gor witFaut In any way viti~ti~g o? d'athupinp th~ Mortp~pon' Wb11HY h~r~' F
under or upon iF+e tkbt hereby secured_ No asle of the premixs hereby mortgaged ~+d no forbNr+no~ on tht part of tM 11110RTGAGEE or if~ woo~asors
or ass+9os u+d no extension of the time fo~ the payme~t of the dcbt hereby secwed yiven by tIK. MORTG/?GEE or its wca~ssan or u~ipn~, shdt opK~t~
to relesse, di~chirye, modify thange w affect the original liability of the AIYORTGAGOR hsr~iq, tither in wlwb or in p~rt. _
10. It b specifically agreed that t~me a of the euence of th;s contrsct and th~t no waiwr of any oblipation her~r or of tM obllp~tioo ~r
cured he~~by shall at aoy time thereafter be held to be a waiver of the terms hereof w of th~ kutru~r»nt Mow~d Mrby.
11. In addition to the fwego:rg monthly payments of princ'pal and interest reqvirsd by ihe promitWry no1~ setured Mrtby, moAp~yOr OOwn~eM~
and agrees io pay to mortgagce with esch monthlY paYment an additionsl sum estimated by morfy+y~~ to b~ eqwl f0 1~12 of tiw ~nnWl Oost of fh~ fOllOw-
ing:
A-All real F:aperty taxes kvied w assessed against the above desa~bed re~l esfate.
B-Premiums on fire and windstorm insurance u herein requ~red to be urried o~ the improwernM sifvah on th~ ~bOV~ desvib~d prMthN.
i C-Premiums on such mortga9e guaranty insurar~ce as mortgsgee shsll from time to time de~m fif fo catry on iM loan s~tur~d ha~by. 3
{ Mortgsgee shall from time to time notify mortgago? in writing of the ama,nt due and payable huwnd~r and avch wm shall tt~rwpon b~ dw and
; Fayable on the due date of the next monthly payment and each succeuive month thereafier u~til morf9aye~ thall notify nwrtgspor of a ch~np~ In wth
~ amount. Such sums shall be +pplied by mortgagee toward the payment of real property taxes, inwrante premiunu, ~nd rnortpaQ~ yw?aMY Inwr~nc~
{ premiumf. '
E IN WITNESS' WHEREOF, t ssid Ai16RTGAGOR has hereunro set his hsnd srd sesl tM d~y M~d yNt Mt afO~ld.
Sss and del in the p~es~e of: ~
~
~ ~ i
Q ~
G2'~i~s~~.J 1l. ;
ness ge ne . rac n ;
,
~
STATE OF~o~moc NBW YORK ~ •
S5.
COUNIY OP
~efon, n,e r,a„~~ ,p',rcd Floyd D Grace ~ .~d
An~;ellne J. Grace M,;f., ~ n» w,n know~, „~d k,+ow„ b to b.
rhe individvals described in ~nd who executed the faeQoinp i~ntrurrwnt, and ~ck»owkdged Mfon m~ tFut tMy ~xaated ths ssrM for th~ purposes
lherein .~.~a. ~?~a ~h. ,.~a An~eline J. Graee
w;s~ of ,h. „d Floyd• D. . Grace - opw, ,.ep.n,..~a p~n,.,.
exam~nsY~on by ms t~ken seps~ate and apart from her said husband, ~dcnowledped to and before ms that sl~ ancut~d said iiatrvrt~ent freely and volurf ~
ra:~ly and without•iny compulsion, constrai~t, appreF~eru~on, or fear of w from ha said iwsband. ~t ,
WITP(~:~r h+~d and official seal this day of Au gt A. D. 19"J._ ~
~
~ ; ~ ~
~ ~ - . ~ . Notary P ln ~nd fw tM Stm of ~+~e
_ ~ i"'=~~-T~ • My p
NALO i~i. ~ONANUE
?-q..f A d.• ,
S~.~rgs ~ 3
0~+ i.«iaran F I L E O A ND REC +1A~tr P
U
S
C p. k ~ 1 r ~
I N• r•• ei••••• g A, xo tA~a
~ ~ ~ f3f4Foc't Pie~ce. ORDE~ r„~...w..~.~•oi~•
ST, LUCIE COUNTY. FLA,
~~~P`'K..a,:F~~da RrCOR?J VERIFtEp G~
~c , . ~ .~59~~ ,
'6T AUG 3 A~I 9: y7 . .
r:o~~~ ?-orTRas ~
CLERK CIRCUIT COURT i
;
( ` eoo
c~.~$ ~
~ .
_ , - - -
- ' 4.,- C . j:.. . " _ _
_ ,`,~--'L - .