HomeMy WebLinkAbout0184 •t ~j.~" : ; ~
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T,o pl~o~ and conrinuously kNp on t!» buildinps now a MrNftw dtwN on aid land Md on ~II eqvipm~nt ~nd pKSa+ally cov~~d by thb wwrt~
p~. with ~fl p?tmiw~ thKw~ paid in ful4 tin kaw~~a in th~ ~nwl srudud policy fan~, ~n • wn~ approwd b1? HN AROltiGA~3E~ ~nd wlndttorm
cn.w«+a in tM wuaf ~r~nda.d pdic~r faren, In • ~wn approwd py ~h~ MORTGAGEE; in wd~ oanpany a aompani~s a Mr MWtTW?GEE n+.r
dind~ and al) fin a~d w~nd?tonn imwana polkia on any of s~W buildinp~„ My fnt~t tF~~in or p~h thusol. M~ tM pprp~n wm ~for~id a
In ~xaa tlwrrof. tMll oontain ~h~ wwl studxd maqapN dun~ w wcfi ot!?K daw~ N th~ MorW~ m+Y nquin. n?+kin0 tl~ laa wda uid 'poll.
da. MCb M~d wsry. WYabb b said MORTGAGEE a i» inhtpt m~Y and Nch ~nd ~wry Wd~ policy ~11 b~ p?anptly ps:9Md and d~livK~d ro
~nr Mld b~? aW MORtGAGEE q furtlw wcwhy to s~id morty~ d~b4 +~d not Np th~n »e (i~ d~y~ in ~dvurca o! th~ ~uptreli~ of eesA i~ol3sY. to dr
tiw. w ~ald MORTGIIGEE a rerww~l tM~wi. ~op~tlw~r witb a naipt for tM p~n~iwe of wch r~n~w~4 and tMn ~MII b~ no fin o~ wiabto.m tiwM~nq
plaad an ~ny of ~aid buiMdinp~„ ~n~r bterat 1Mnin a p~rt tMrwf, unba in th~ ionn'~nd wiih tM loas payabl~ a afon~aids ~nd tn th~ ~wM ~Mr wm
of mon~y b~c~ p~yabl~ urd~ wd~ poticy w polici~s wld MORTGJIGEF ~hall h~w th~ op~ion w naiw ~rd ~pply tM am~ on ~aouM o1 ~h~ ind~bt~d
nas Mtw~d h~nby w 1o pKmit s~W MORTGAGORS ro notlw ~r?d v~ M w any put th~r~oF fa other pwpo~, without ~he.eb~ waivl~~p a impain ;
inq +~Y puib. li~n a~ipM undsr or b~r vinw oi ~iw ~~.w~y~ya, ~::3 k? tha exar:t :i;d M~t~~tc`+t~RS sAail for +~w niton fai! to kt~p tM said pnn+i~a w
+~~..d or fa~~ a d.iiw. w«,~?+h +nr of ~a~d ~~a.s ot i~w.~o. w ~.sa w~rc~?c~~, o. f.ii aony,iW w Pay t~,ih .~+r ~..~awn ~n...eo~ a~?
nsp~ct fail b pNfan+`' d4cFwr~, ~~wt~. tff~ct. tanpl~b. canplY with ~nd abid~ by ti~is oownant. a any put hKwf, said AAORTGAGEE ~y plaae and
Wr fa wd~ Irow~ a a~ryr pwt tMrwf witiwvt walvinp or aff~dMO anp oPtiory li~n, puitY, a riDh1 w~dK a by viAaN of tAis Mor1~, a+d tM ~
hu smow+~ of .,ch .nd .v.ry wd+ p.ym.m •h.ll b. t~nnKdlarey du. and p.yabl. and al»II M.r t~».r.+~ fran rh. dan ~ha.of untU paid a~ th~ ~aq ol ~
niM pn pnhpn p~t arwwm and fop~thsr with wch tnt~r~at sball be wtvnd by th~ lia ~ of M~h tnorepape.
1. To pK+ai. eo~vnit ar wffu e~ w~sM, (mpstnnent w dehrioration of saM propNty a sny part ther~of. , t
S. To pay ~11 ~nd alnpulr +h~•cwts. ch~r~a and ~xpNwa, Indud'aip a nasoMbl~ s»an+y's fe~ and aosn of ~bn~ of titb, incwr~d a p~id N
+nr tinw by wid MORTGAC,EE. b~cws~ a in tlw ~wnt of tIN failun an 1M pan of tM saW MORTGAGOR to duy. Pra+?PN1? +~+d fulh P~~. ~~9R
exavl~ ~ff~d. ootnpleq. aon~pl~ with ud abid~ by ~atA and wery tM uipvt~~an~, +Qreement~, ca~dlflau. ~nd oown~nM oi said promistory no1~ u~d thb
rnortp+W +ny or ~itMr. ~nd uid oosa. dwpa ~nd tap~rws„ each and rv+rY. sh~il b~ imm~d'ahly dw wl Wy+~t whetlw~ a~wt tMn b~ notioi d~ F
m+nd. attM~ ro oolbet a wA p~pt and th~ full anwwN of ~ach ~nd rwry wd~ p~y~t slwil bear inranu hom rM dan thsreof until p~td th~ _
nte of ~ per oMhMn p~r aerNxn; ~nd all sald cbsp, durp~s u~d ~xp~ns~s inaxr~d a p~id, top~tha with wch int~at. ~11 M aaund b~l th~ li~n of tFwt ~
morrpap~. _ '
0. YhN W in th~ w~nt of any bn~ch of this Allortpy~ or d~f~uh on fh~ part of tM MORTGAGOR, ot (b) tn th~ ~w+r1 ~ny of wid twet of nqr~y i
I+K~tn nhn~d ro b~ nor prompny ad fvly piid within N~'v!y (90) days eext aher tM s+rn~ aeverallr b~core~e due u?d paY~We. whhow d~mand a notke,
a(d in th~ ww1~ ~+ch and wKy th~ atipulations. a~eNnsms, oonditions ~nd aown~n» of s~~d promistiwy nota and tM nwrt~p~ any a si~Mr u~ nol '
fi+N. P~P~~Y ~nd fvly p~rforer~d, ~scharped, execut~ ~ffechd. compl~ted. comPlied with and +bkkd by, then In eiTMr a u~y sush wMt tM wid ap~ '
Wg+» swn nNntioeMt! in s~id promktory nob then ~~maininp u^Wid with interpt aarusd, aex! ~II ma~eys s~tvnd henby. sh~ll bKant dw ~nd p~y~ ~
abl~ forthwith,. w th~n+h~r. ~t tM option of said MORTGAGEE. ~s fulip aed coir~pl~t~ly at H ali of th~ s+id wem oi morwy wen aiplmMy atipulated •
fo bf p~id Of~ tllt~l diy. inyl~Wf~ if1 fiid p/OmiifOfy f10f~ O~ In fllb MOIIDi~! 10 1tN OO~t?~ry n3iwiii~siiiwuyj «.u ..'f`~....': '~`S ~Iw~_fw a~ t1r mtien ef ~
uid MORTGAGEE, withovt ~io~ a dans~d, wit st lawr or in puity, ther~fon w tMrsa(ter bayv+4 msy be protscut~d a Ef s!! ~ys Nwnd fwneby
n~d m.tw.d prior ro in 4ntit~ria.. ,
7. TA.r tn ths .venr ~hat at H+e beytnntng os o. ar s~,y tin,. pend?no +oy a+it upon th;s MorW+~~. « w fo.ecla. M, w to r.fonn a. w enfwa
paym~et of any d~ims herev~lsr, wid N10RTGAGEE shall ~pply to the Court hsviig jwisdiction thereof for tht~appantensr~t of ~ Receive?, wcA Court ~1) ~
fortFiwith appoiet a nceiwr of ssid mwtpaged prpperty all and wgula. inciudmg all ud w?pvlx tFK incon~ pofits, ~sws and r~venws fran wMtwK
wv?te dsriwd. ~atl~ and ~vM? of vrF?icly it beirg tzpressly tx+derstood, is herebY ^+~~9+9~ at if sp~tifically sM forth ~Od dew'bed in tM prantinp and ;
Mb~ndum daus~s Fweof. and wch ReaivN sh~ll h~ve ~II th~ brod ~+d eHecriw func~~ons and povwn ie ~nywis~ entruaed by a Cou.t ro~ Reo~iwr. and
wch appotntme~ shNi be mrd~ by suc~ Cowt u an admitted equity ~nd ~ en~ner of ~bsolute right to said MORTGAGEE. Md withou~ nfererKe w tM ,
adequacr or in~dequacy of tM value of th~ prOperfy maty~d o? to tht iolvency a insolre~cy of said MORTGAGOR a M+~ d~fencMnn, and th~t wch `
rcnts, profiy, incpn~, isiws and rwenws sMll b~ appli~d by such R~ceirer acewdinp to th~ lis~ or ~qvity of uid MORTGJIGEE and th~ pnctita of such
Court.
d. To duy, pranpdY a~d fulh Perfam, d'achar~, exacute. effecL oomplet~, comP~Y wifh and aWd~ each and
by evfry fh~ stipulafions, ~prasm~nts,
cond'diona and cov~nb in said promasay nwe and this maf~spe set forth.
9. Tl+at in th~ waot tM ovvns~shtp of ths mort~ay~d P~. a+~Y P~ the~sof, beoon,ea vnfed in • p~raon other thsn the NIORTGAGOR, th~
MORTGAGEE, Hs sucaqson +m! ~ssip~?i, m~y, withow ratite to the MORTGAUR, deal with such suaessor or suaesso? fn intere~t with «fe.ence to thu
mong+p~ and tM debt fweby saarred in thi wn~ msnnsr u with Mort9spa witRout in ~ny way vitiatinp o. ~scha~yieg th~ Mortq+Dws~ liability hrr~-
unde? w upa~ ths debt her~by setwed. No tal~ of the premises hereM morl9+yed u+d ta fwbear~nce on ttN p~rt d~M MORTGAGEE or in suocesson
a assipns aod no ~ztension of the tim~ fa the p~yment of tM debt Mrcby secured snen by the MORTGAGEE w its s~rco~sson or ast;pn~, sMtl op~at~
ro?dsa~, dscku~, modify chanp~ o'r affece tlr original liabiliry a~ rhe AAORtGAGOR haeirb ~itlwr in wFwl~ w In put.
1Q It h specifiully aproad thal tlrn~ b of tM esse+sce of tha oontwct and tMt no waiwr of any oblig~tion herewider or of tM obli~~tio~ ~
curod Mt~by thdl ~t ~ny time N~erwftK b~ Mld p be ~ w~iwr of .tM Nrma herwf a of the instrumam ucured herby.
11. In sddition to the for~go:rg monthly p~yrnents of princ:ql and interest required by the promissory no?e securd hereby, mort9agor covenants
and sprees to pay to mortyayee with each monrAly payment an add;t;on~l wm euimited by mortya9ee to b~ equ~l q 1/12 of the ~~v~wl cwt of~ths follow-
iny: .
A-All real property tazes Iwied a assessed syainst the sbove described real estate.
d-Premiums on fire and wk~dstorm insu?ance ~s Ferein requ~red w be arried on the improvanents situate oe tM ~bow described premi~es. r
C-Premivms on sKd~ mort9qe ~ua~anty ir~surs,KS as mortgag~e sh~ll from time to time desm PA to csrry on tM ban sewred hereby. i
Mortysgee sh~N from time to time notify mwtga9or i~ writirg of the smwm due snd.paY+ble hereunde* +nd wch wm shall thereupon be dus ~nd ~
P+Y+bb on the due date of the ne:t monthly p+yment and ~ach svcaestiw month thereaNer until mongsqee sh~ll notify ewortyagor of • change in woh
amount. Such iwns shaQ be applied by mortppee toward the paymem of resl propeAy taxes, insurance ptdn:wns, and mor~y~ye 9uaranty inwranct
promivm~.
iN wttrt~ss vm~oF. N~.. s.id Ai10RTGAGOR ha hereu~+w s.r hEs hand and s.d rh. dsr .nd yeu ~nr •fores+d.
~nd th~ p~s~nc+~ of: -
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~ ~ i
t
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ATE OF FLORIQA ~ ~
cou?~r oF St. Lucie -
S
e.~o.. p..:o~.a~?.~«..d Hazel Curl, a sinarle adult '
~liWfe, ~o me w.~l known «,d krwwn a me ro b.
MK In~vidwb d~wiMd ln Md who ~xscvtrd the foreyoinp instnun~nt, and adcnowkdped b~foro rn~ that M~ey sx~wted the sam~ to? th~ purposes
rherein txp?~wd,
Xi6i[JbK~i[iiil ~
X
X
WITNESS nry Iw~x! and offtcid ~eal t' ~
A. D. 19 6 7
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Notary Poblic in ~nd fw tiN Sta» of Fbrid~ at L~rp~ ~
RM~xn' Ta ~ . ~ ~ MY ~+a^ ssPins:
Fkst f~d Savinp~ 6 lwn Aswciation : ~i~~~~t~ ai~R~~~'r Y. ~
~ ~ ~ - ~Olify tl~[ ~it! 0~ AOfldi ~t (il~!
OF FOff PilfM. - ~~~~~•~~s~~ % •
Fo.r P~w. F~o.~da . ~ ~ M11 C~w¦iasio~ ~ ~ 1969
c? : b.e.r b~+. a ca~.,r, c,_
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fll£0 AND RECORDED : , : _ • ; - . :
-$T. LUGIE CQUtlTY, FLA. = ;J • l - ; E
i: ~(~~i: »F.'t~ ~ , ~ J ` :s~" - t
159''1'~-~ ~L c `f~ : ;
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~j~ ~ ~
'61 SEP i A3~ 9 ~ 33 ~ ;
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.0'ii•'•$
CL~RK CIRCIlIT COURT ~p~~~p ~
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