HomeMy WebLinkAbout0138 To plac~ and oontGwo~nly kNp on tM buitdi~ps ~ow a M.~aft~r ~i~wt~ on said I~nd ~d on all ~quiMnw ~nd pKwnalFy aownd by thi~ malp~
with ~II premiumf tMrwn p~id in fvll. fin inwr~~u in tM ~nwl ~r~ndard policy fo~nti in ~ sum approwd b1r tiN MORTGAGEE. and wind~tor~
tr+:ur~np In th~ us,Hi se~~d polccy fam, in a wm apprwed by ~M MORTGIIGEE. In wcA compiny a oanpania a tM N10RTW1CrEE nwy
d~rect~ and all fA~ and w'a~dstonn i~wranct polic~es on «+y of said buildinpt„ ~I inl~nst tMrNn or p~rt 1Mrwf, in tM pprp~tt ~wn atotNaid a
~n sxcNS tMraof. sMll contsin tM uw~l s~andard ma~p~ cla~n~ or such ah~r davN a tM MatyapN m~y rpvin, nMkinp tIN las w~da aaid po11~
c~es, each ~nd ~very. paY+bl~ io wid MORTGAGfE a in lnt~?est maY appear, and e~cA and ~wry such paliry ~11 b~ pranptl~r aai~yn~d 4nd d~liwnd to
•ny held by said µpR1GAGEE as fw~her sscurity to said mon~s~ deW. uid, na bsf tMn qe? (10I days in advanu of tk~ ~xpkaYan of ~ad~ potky. to d? i
liver to wid MORiGAGEE ~ rM+ewsl thenof, fop~~Mr wi~A a ~eceipt fo. tM pnmiwn of wch ~~wa1J ~nd IMr~ iMli b~ no fin a winds~am kawae~a
plsc~d on a+y of sairf buildin~s, any inter~t tMr~in or part tMrwf, vnless in ~M form and wi~h t!w los~ payabl~ as afw~id~ ~nd in tM ~wM any wm
of rrwr~y p~cprws payapb ~ndK wch policy a polici~s s+k! MORTGAGEE shill Aaw tM opi~ w natw and appty tM ume on acrounf d th~ ir~bt~d
ness secwd Mr~by or ro pKmit uid MQRiGAGORS ro rtteiw ~nd ut~ B or any p~?t ther~of fw otAer pwpos~, wi~hout tMr~by waivinp a imp~in
~++y any pviry. li~n w ~ipht wxle~ or by virtw of this morsyapr, and in fIN tvMt Mid A~ORTCiAGORS fINII fOf afly ~NWII f~I 10 E!!P tIN N~ pfMnlNi W
~nsured, o~ fail w d~livK promp~ly ~ny of said policies oi ioswanc~ ro aW MORTGAGFE. a bil promptlr fo p+y fully ~y p~mivm tha~for w in ~n~
respect fail b pNfonn, dixlw~. ~x~cvts, effed, complets, oomply with ~~d abid~ by thh oown~of, a ~ny put Mtwf, aid MORTGAGEE may plaq and
pay fo~ such irawano? o? ~ny part thereof withow w~ivinp w~ff~ctirp anY aP~ion~ ~~WnY, or ripht w~d~r w by riAw of this Mort9aQR, a~d ~t .
full anwvnt of Nch and ~w~y wcA paymeof sh+ll b~ imnediatdy dw aed pry~bl~ anJ sAall bw inie~at hom th~ d~b Hwnof unNl p~W at tM rah of
n~ne pa p~wm pK ~nnum +nd toyether with such inte~est shall be secvnd by tM li~+~ of tNs morlpp~.
1. To pKmit, aommh w suffer no wast~, imP+ument or detKioraYan of ~aid propaty a any p~?t tMr~of.
S. To pay all ~nd s&+pular tAe costa, ch~ry~s u~d exp~nse~, indud'ag • nasonabl~ ~tton~ey's ft~ and oost~ of ~bstracts of titl~, k~annd .or p~id N ~
any ~tme by aaid AApR1GJlGEE, bc+uss or in tht ewnt of tM failw~ on th~ paA of tl» saW MORTGAGOR to duly, P.o~rti .~d f~iN ~orm, dacharo., j
execure, tffed, compMt~, comply with aod ab~de by ~sch and every tM stipula~ions, ayr~rNnt~ conditioea, and oow~wnts of aid promissory ~~nd th4
mortgag0 ally Of fithf~. and said cost~, dwryes and expsn~es, sach and wNy. tMll b~ &~rnedisuly dw ~nd p~y~bl~t wMtMr a not tMrt b~ notfp d~
mand. ~nempt to collecl w wit p~nd~egj and the full smount of ~ach uid ~wry wcF~ p~ynNnt tMll b~ar intKM1 ftan the dab th~rwf until p~id ~t tA~
~afe of nin~ per centum per anovm; snd all wid costs, chug~s snd expenses i~cwttd or paid, rop~tha with auch Int~nq, ~q b~ ~cw~d b~r th~ IiM? of thi~
mortpsp~.
6. ThN in fM went of any breach of this Matysp~ or d~fault on tlr put of the MORTCsAGOR, or (b) in tM ~wM aMl d f+W wny of mo~r
herein referred to b~ not promptly and fully paid within thirty (30) days next sfter the ssm~ tewrally bKOnw tlv~ and piY~bl~ wlthou! d~mand O? 11W1q,
or (c) Fn the a+reat each and every the stipularions, ~g~earn~nn, conditions and coven~nq of ~aid promtstwy not~ ~nd thi~ matpp~ any w~itAu ~h eo1
=;;ly, promptly a~d fu~ly perfwmed, d~sch+r , executed, eifected. can ted, li~d with ~nd ~bided
9~ Pk ~P d'f?. th~n In ~itMr or ~ny wch wMf t~ s~id aP
gregate wm meMiorrd in said promiswry note tAen ~emainin~ unpaid, with lnterest aarusd„ ~nd all mpnty~ MNr~d. Mr~by. ~II b~ooem dw and p~y~
ebte fwthwith, or thereafte~, at the option of said MORTGAGEE, as fully srd complttely ~s if all of tM ~aid tunn of maK~ w~n aiplmlfp sYipulatW
fa be paid on such dsy, snythirg in said promissory note or in this Mortyaye ro tlw oontruy ratwitMt~nyj aeid tMteupon a lMre+h~r N th~ option of
~a~d MORTGAGEE, w~riwut nvt;ce a dem~nd, :u~t at law or in eq~iry, ther~foro w tMr~aher bpvn, m~y b~ proNCUt~d as if all mwNy~ Mwnd Mr~by
had matwed prpr to its kutitution.
7. Thaf in the event that at the beginnirg of or st sny tims pendinp sny wit ~fon this Mortyap~. or to hr~eloN k, o? to nfonn h, w to u?forq
payment of a~y daims herew~der, said MORTGAGEE sMll apply to the Court I+~vinp jwiuliction thenof fa th~ ~p~-xr~tn?~M of ~ R~uiva. wd~ Court sh+ll
Forrhwith appoint a receiver of sa'~+ ~t~~oed oroperty all and sirgulu, indud~ny all and siegvlar tM inaoeN. profits, itwa and nwnws ~rom whatwK
•ource derived, exh and every o# whith, it beinq expressly vnderstood. is l~aeby matgaged as if specifiutly sN forth and dMCrib~d tn thi ~rantinp and
habendum davses hereof. and wch ReceivK shall-ha~re ~II the broad and effectivs firncuora and pow~n in ~nywis~ ~mrua~~d by ~ Court p~ R~aiv~r, and
wch appointmeM sh~ll be msde by such Court as an sdmitted equity aed a rn~ttK of ~bsolvq riyAt b pid MORTGAGf~, and withoul nf~»nq f0 th~
edequacy or inadequscy of the wlve of the property mertysged or fo the sonrency o~ inwlvency of wid MORTGAGOR or 1M dtf~ndaot~„ ~nd thd such
re~~s, profits, income, issues and revenues shall be appliad by such Receiver accord'ug to tlw (isn or pvlty of said AAARTGAC~EE and th~ pattta of wcl~
Court.
8. To duly. prompHy snd fully perfonn, disch~rge, execute, eHect, wmplete, complY with ~nd abid~ by ud~ and ~wry th~ stipubtionl. aa?~nb.
conditiora and coven+nts in ss~d promissory oote ~nd th'a mortpa~e set forih. . ' .
9. Tiut i~ ths ~vent the owne?ship of the mort9aQed Prer^ises. or ariy p~rt ther~of, beoams v+std tn a pwwn otMr than th~ MWCTGAGOR. th~
MORTGAGfE, ib successors and auigas, msy, wiiAoul norice to the MORTGAOR, dcal with such sua~or p~ueMSSOr ie IMppt with ~tfer~no~ fo fhb
mortgage and the debt I+ereby secured in the s~me manner as with Mortgsgp withovt in aey way vitiatinp o? d'ifd~yirg tIN Mortpaporr liability (+~t~ j
under or upon the debt heroby secured. No s+le of the prem7xs hereby mortgayed and no fabrar~noe an tM pan of tM JNORTGAGE~ ib woo~ssws ;
or assigro and no eatension of the time fp the psyrrKnt of the debl hereby setured yiwn by tIN N~ORTGAGEE w its woo~rt ass ahil) t~ ~
to release, disclwge, modify change w affect tf+e wig~nal liability of the MORTGAGOR h~~in, either in wlwN w in put. t"
10. It is speciRwlly sgreed rhar Yime is of the eucnce of this coMr~cr and thar no wdwr of ~rty obligation F~q~ of~ obUp~~
a
Cu~!(~ F1lIlb~l iMII al a11y Nf11Q 1F1ttNf~N be held to be a waiver of 1he terms hereof or of the irutrwnant wcw~d h~rby, ~ O C '
~ Ant'~
11. In add~ta.~ to the forego:ng monlhtY psYment: of princ"pal and interest required by ihe promissorY nole secursdClNqb tn~ppr ~
and aqrees to pay to mortgagee with each monthly paymcnt an additionsl sum at~mated by awrtgagee fo be equa! 10 1~14 ~f of fht
'"g` A ~ A
A-AII real property taxes levied or assessed against the above described real estafe. . C Q <O ~
~C~
B-Premivms on fire and windstwm insurance as herein reqv~red to be urried o~ fhe improv~ensnb sitWt~ On th! ~bo+~ pr~nhp,~ ZA
C-Premiums on such mortgage guaranty insurance as morlgsge~ shsli f~om t~me to time deem fif to urry on t!» lo+~ l~y. ~t ~ .
Mortgagee shafl from time to timc notify mortgagw in writing of ths smount due and payable i~wnder and wtfi s~ ~al rtypon b~ !Ni O
payable on the due.date of the next monthly payment and each successive month the~eafter until mortyspee ~hall notify ~t dwnp~t~
a~+ount. Such wmi shall be applied by mortgagee toward the payment of real property faxet, irawancs perr?iums, and ~atQy~ ~~eNp
premiums. _ +
IN WITNESS WHE , 1he asid MORTGAGOR has hereunto set hit hand u?d seal the day and ytar fint ~fons~id. `
i
S' e a del'wer~d ' h~ presence of: ~ F
~ Witnesses as to sig-. ? j
r nature of Lonnie Edwards o~e r s
Witnesses s to ¢i ~
nature of ~die Be~Ze n
Edwards rt._n
SIATE OF YORK ~
CaUkTY OF ~ ~ {
defon rn~ penonslly appeared T..Olifil@ ~Mc'1Z(~S ~
~i
PQ~ to ms well krwwn ~nd luwwn b+ns b b~
rhe individwl/ described in and who eascuted the foreyaEny inftrumant, and acknowledyed before rrw that ~~x~art~d th~ ssrn~ fa tl+~ qrrpw~a
?herein u[press~d, l~iifiLY70DC .
, ~rr~t:rrfi--
. . . ~ •f
WITNESS my h~nd and official seal this ~y o¢ . A11 St I~~. 1!'k~-
~
~ ~/Y~1en,..~ ~ ~ ~y ~ ' - .
~.~~i~ ~
+1~Nr,,.~ ~
+ y ~~°"~na"°" -3 .7v ~ ~ Y~~ • , _
STATE OF FLORICA ~ aM~;~ . '
%~•~1 ~ - - -
couNnr aF St. Lucie ~ ~ _ ~ i 1\~ -
e.f«. m. P«.w~.th .pp....a ' Bddie Belle Sdwards ~
to en~ well known and krawn b tnt to b~
the tndividwb dacribd in aed whp• i t e•~~oirg~~s1~'dr~iS ~~~°d Mfor~ mt that they ~x~wted the aanu fw tl~ purpa~s
rheni~ ~~nsNd. Md rlw a~id.~. ,~7G ~Sa
wifs of fhe Nid . ~ ~
vPon a ~epw~t~ and privaN
examin+tion bp m~ takan t~pacst~+nd'pitt fir ha~s~i8 lwsband, adcnowledqed ro and befon me th~t ah~ ex~wt~d said 'untrvr~nt 6eNy ~nd vdun~
serity ~nd witlw~» ~^p wmpvbion. <orMtt+i~-~PPr!Ixr+~~'
. or f of ot from her said 1?~ubaed.
w~+vfss ~y +~.~,d .~~tstit w.i °.-pt=~ d+r of u t w. o. iv 6~
~i. ' ~i
Public in ~nd fa tM Stab of Horid~ ~t l~r~
• . ~ . My Coenmiasion ~
R~tvm Ta. - ~ t~. S~! Of ~Ofl~ ~~i1qt
Fl~q f+dKa) S~rinpi i lou~ Asrocbtan ~~{I011 Ex~lf ~y1. 23. ~4~ n ~,J
~ Of Fort P;e~ce. g~X•Z M~~ M Awi~~ Fiw ~ G~s~+Rr G. }C~•
r,
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