HomeMy WebLinkAbout0243 _ • ' 1 ~ . • ~ : \ -
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To pl~p Md oontMwwu~ly kNp on tM buildinps e?o,w a M.e~ftK~ dtu~» on said land u~d on all p~ip,wnt ~nd pNSOOady covMrd by Mi~ inorp~
+p~, with ~(1 pnmk~ tMnon p~~d in tvll. fin iniunnu in th~ uawl uandud poliry form, rn • swn ~xowd by tM MORTGAGEE, u~d wtnd~ronw
in~wana M t1r wv~l s~andud pot~cp for~n, N ~ swn approwd py rM MORT<3AGEE: i~ wch oanpa~+y a canp+nia a tl» MORiGAGEE n~+y
dincrt aM! all fin and wir~wr~m irawana Pdki.s on u~y of uW buiWinps, any tnNns~ ~M.ein a puf tha~of. !n tM py?p~» ~wn ~for.~aid a
M+ s~oo~a tlwNf, ~h+U cont;in il,~ uawl u~nda~d monp~ claus~ a such otM~ dwM a tM N1o~tq+pN m+Y nquin. makkq tM loss w~ said po1E
ciw. ~+d~ .nd •wry. p+rabl. a ~aid I~ORTGAGEE a in tn~n~ maY ~PPa?. .nd .ach and .w.~r such polKy •h+q b. p.amp~ty sss:~~d .nd drliwad w
.ny h.1d by satd NiORtGIIGEE a iw~A.r ~ar.iry ro~aid morpa~. d~br. and na las tMn hn (1~ dayt G+ ~dv~na of th~ ~xpiration of ~ach polky. b dr
liwr 1o wid MORTGAGFE ~ r~wal ther~of. topNha with a roatpt ia thi pnmkrm of wd+ r~wal~ ~nd tMn sh+ll b~ ~0 1in oe windsronn ieaw~no~
plapd on ~ny of saW buildieip~, ~ny htKMt tMr~;n or pKt NKhoi, unkss in tM form'~nd with th~ low payable u afons~idl N+d in tM ~w+~t any wm
of +non~y b~conw paribl~ w~d~r wch polky a po!ici~s said MORTGIIGEE sh~ll I+~w th~ option a no~iw and ~pply th~ s~ on saou~t o~ tM ind~bteel~
nas Mcw~d I~~py a w pKenit s+W MORTG/?GORS ro naiw and u~ H or ~ey put *henof f« orl,er purpos~, w~thout the.cb,r waivi~~ a impaea
kg ae~y puiry. li~n w ripM urd~r or by virtw of this mortpapq and b tM ~venf wid MORTGJIGORS sh~ll fa ~ny nason fail w kkp ~M s~id pnmis~s w~
insu..dl, a f.u to d.~iw. o~a*Mh? •m? of s.~d pa'~s of i~aunno. a s+td MORTG/?GEE, o. t.a promp~h? ~ ar fi+~h? +er pr.~+~w~, ~M.•tw « in «hr
n~ct fail b pKfocn~, dbchar~. ex~cvt~. ~ffM. compl~t~ aomplY wit~ snd abM1~ by this oow+~an1. a~ny part Mrwi, said MORTGAGEE may pl+a~ and
WY a+~1~ P+h without w~hriig or eYictinp ~ option, (Mn, ~qvity. or ripht und~r a by vi~tw of thts Mo~r~ap~. and the 1
full an+oum of tach aod wKy wd~ paym~nt sh+lt b~ in~dl~t~ly dw and pay~bl~ and sh~il b~sr inhn~t han 1M da» 1lwnof unr31 paid a1 th~ rata ot !
e~ pM crnlwn p~r awwm and tope~he~ with sud~ interat s}iatl b~ s~cw~d by th~ li~n of tNs mortpp~. I
I. To p~rmiy oonrnU a wffa no waq, imP+kment a dete~ior~tbn of s~W WcPMY a? an~? P+rl the?~of.
t S. To p~r ali ~d tk+pul~? tM ~ooals, cFwrp~s +~d ~xpMw;, inclwli^y • nawn~bh ~ttomly'~ fN ~rd aosn of ~Mtract~ of titl~. i~cuR~d w pald ~t
~ny tiM b~l ~aid MORTGAGEE. b~ewN ar in the tw~?t of tM iailun on tir pWt of tM s~id AAOttTGAGOR b duly. p~anptM a~d feilly pafarn. dixhup4
~x~cvt~ ~fhd. core?pMtR. oomph~ with and ~bi~M by eadi and ~very th~ stipd+~~o% +0?~+e~+t+. coadition~ and cove~en of s~id promiswry no~e md thb
"artyp~ ~01? or ~idw~. aed wd costi,. d~a~~ and uep~rNea, ~ach and ~wry, sh~11 b~ Mnnediaaly du~ ~nd WY+bler wherMr a not tMr~ b~ naia dF
ew~d~ atMmpt b cdiM or wif p~ndnps ~rd thi tvll anauM of ~ad~ and rwrr wch qymaN sMll bN. intsntt from th~ d~t~ tiweof vnNl p~W a1 the
rate of r3~ p~r centum pK uwwny ~nd ~II ~aW absn. dw~t and exp~mes inaKnd a paid, top~tFw with wch Yu~pt. ~11 b~ a~cw~d by th~ li~ of thw
narqap~' ~ 1
a th.t ts~ in +h..wm of «iy br..d+ ot thi. Mwq.a. or d.huR on M. put of th. Moarcd?coft, o. (b) in ~fi. .w~t .ny of ,.~d wm. of ew.»y
Mretn nhn~d to b~ not p~anptty and iully paid within thirty (30) d~ys next aha tIK sam~ aevealy bacane du~ ud parabl~, wHhout dsm~~+d a notic~. ;
a W in th~ ~wM wd~ and ~wry th~ stipub~foro. +9n~ma~t~. aad'itions and tovaNna of ~aid Promissa+Y ~ote ud this nwrtpap~ any a ~irher rie no1 C
iub. P~~P~h' ~nd tulh V~a~d dischsrpid„ ~xecut~d. ~ff~tled, aony~lend, aomplid with u~d ~pided by, than in eitMr a aMr ~uch wt~t ~h~ said a~
pr~t~ wm m~tiawd in saW promisaory ~at~ then renyininp unP+id. with intaat ~cuwd, u+d all morwy~ ~et~~d henbY. ~hall beoome dw and WM
abl~ tortMvith. or tMn~fieq ~t tM optian of aid INORTGJIGE~ a fully and complet~fy as H ap of the said wea of maNy wen oripin~lly aipulated
ro b~ pad an wd~ daY. +nYM?irg in ~aid promiswry na~ or in fhis Maf~a~ ro the co~rrary nwwitMru~d'
sa~d MORTGAGEE, withovl notip or d~n~nd, wit at lawr o~ In ~"d tlwreupon of thereaftK at th~ option of
hsd enatw~d P?ar fo i1s L?stitution._ ~4~Y. thar~foro ot Nwreofier baywl. m+Y be Pros~cvted a If a!! montya ~tcvr~d Mreby
TMt in th~ went that ~t th~ bepi~ninp of w at ~np tim~ pandirg auy wit ~pon tha gape, a to foreclwe k, a to refam it, a to enfup
payment of any daim~ Fweuad~r. said N1pRTGAGEE sM11 apply to tlr Cowt havirg jurisdrctan thereoi_tor tM ~ppow+trtwnt of ~ iteceiver. sucfi Cevit ~hal!
fortliwith appoint a reoriv~; a•€ said morfQaQsd property all and sirgular, includug ~II ~nd singul~r the inobn», profits.'kiw! and r~venws from whatewr
soura daivad. each and ~very of whicl+, it beinp ~xpressN und~rstood, is hereby maty~ged as if sp~cificatly set fonh ~nd dssvib~d in tM ~rantin~ and ti
hab~ndwn Wusa hereof, u~d wch Reaeiver •iull haw rhe broad and ~Nec~+ve func~~ora and powers tn anywae emnrared by a Coun ro• Receivsr, and
such ~ppointm~nt thsll be mad~ by wch Cou?t p an admitted eqvih and ~ maqp of absolute ~ipht to wid MORTGAGEE. ~ad withou~ reference ~o tl+~
sdpv~cy a in~d~qoacy of the valu~ of th~ prbpKry mortyped ar to the solvency a i~solve~ty oi said MORTGAGOR or the defe~dants„ and tl~at svch `
r~t- profit~, LKane bwes and r~wnun ah~ll be ~pplwd b~r such Reoeiver +coadinp to th~ 1'~en a equity of s+id MORTGAGEE snd ths practia of wd~ '
S. To dulr. promptly ~nd fvlh~ P~?fonn, dncharQe. execut+, effeet. oompkte, eomplY with a~d abid~ ach ud
c+axGriom and cover~.nn in aaid promisso,y nas ,nd this morr~sp~ se~ fonh. ~ ~1? rM stiputations. ~preMwnb,.
9 That tn ~the wa+t the ownenhip d th~ mort9~yed Premqas, or uiy pwt thereof, becomes vested in a person other th~n the AAORTGAGOR, tM
MORTGAGEE, iy a~raesson tnd us;~eu, en~y, w;tho~?1 not~ce to tFK MORTGAOR, dsal with svch suaessor o~ wcceswr in intnest with reference fo this `
~fld f1M dlbf IfLY ~ 4
^'a~9+~ ~bY +~?~d in the wne +nsrr~e. as w;rh Mo.tpapw wirhout ln any way viriarinq a d~:chugi~g the Mo.rQs~ors• I;ab;lly tw~.
u~der a~~wn the debt hereby secwed. No wk of ths premises herebY morWspad u~d ra fabea~ance on tM put of rhe MORTGAGEE w in tuaesswi
o? aui~eK and no extension of the time fo~ tiK psymenf of the debt hsreby secured yiv~n+ by tM MORTGAGEE or it~ wcuessws or au;p% shaU ep~,at~
?o rel~w diul~u~e, nadify t)wng~ « ~fhct tM aipind liability of the MORTGA<'aOR huein, either in whol~ or in put.
10. h is speciP~c+lly agreed that tirn~ is of the esknce of this oontract and tMt no waivar of ~ny oblp~tion h~reunder or of th~ oblip~tion sr '
cund Mr~by aMll ~t any t~ thereahK be heW to b~ a waiver of the t~rms f+ereof o~ of th~ imtwmant aecwed herby.
11. In add~tion to the forego:ng rtlpftlAly piy111lflff pf ~fjflt'~I Afld 1~IfHMf requi~ed by the prpn~sswy note secv?ed fxrel:y, mortg~gor cownams `
• and preea to pay ro mortg~gee w;th esch monthlY p~Yment ~n ~ddirional sum estimated by mortyape~ to be eqval b 1/12 of ths annusl cost of the fdlow- `
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A-IUI real property taxes (wiad or ~fsessed ayair~st the above desu~'bed re~l est~te. }
d--Premiwns on fir~ and ~rindstorrr~ irourarue as herein reqv;red to be c+rried on the improvemenlt sitwte on the ~bove desaibed premises,
C-Premiums on s4ch mort~+9e ~wranty inswsnce as mwty~yee shall from time to time deem fit ro csrry oe+ th~ Iosn searred hereby.
Morty+gee slull irom tirne to time notify mortgager ;n w,rit;np of ths amount due and psyable hereuoder ~nd such wrn shatl thereueon be due and ,
P+Yabl~ on ths due daAe of the ~xt monthlY P+Y+~+~- and exh auooasive month. thcreafter ur.til morp~pe~ ~haq natify mwtg~gor of a c~snge in such ~
amo~nt. Sucl~ suens sh~ll be ~pplied by mortyapee towud the payment of r~~l property taxes, ie?surance pran:wns, and w~wtqsye gwr+nb i~wrsnce j
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IN WITNESS 1NNfREOF, th~ ~aid MORTGAGOR hu henuMO set his hind ~+d s~sl the y pear t a d
Sesbd and ~d fM p+~~oe of:
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re~.q
STATE OF FLORIOA - 1
coue,r~r oF St. Lucie
e.r«. m. ~.n,, ~..~.a ~ Joseph Peoni ~
Blanche Peoni ~ w~~, ~ ~ k~ ~ ~ ~ ~ ~
tl» IncGvidwls d~svil~d in and who ~xecvtad th~ for p instnwmnt, and aclcrww{ed~ed before me th~t th~y e:etuted tlw same for tM purpotes
~++N.in .~p..sa.a. a,a rh. Blanche Peoni
w~r. ~ ,.rd Peoni , ,.p...~e .~a ~.h
e=+min~fan br m~ afca~ s~puaN and apart from her s~id husb~nd. ~duwwl~dped a~nd befa~ me th~t shs sxawted s~id irotrvm~M freety ~nd volwa
rarilr and without +W aon~ubion, c«ntr~int. ~PPr~t~ns~on, or of or from ha aid INnb~nd.
wmrESS ti.~d .~d ~r-~ • d,~, ~ e tember ~ o. 1967
ary Public in and for th~ Stat~ of Florids tl tsrp~
Rsturn Ta. MY ~ expins: {
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fksf f~d~ra) Savir~pi i Loan A~wciatioe ' ~iry shb! 0~ ~1ai i~ ~
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F~L~~1E Ca~ ~"~FiE~ _ _ - .
SY•RV~pRn VERIn, - _ ~ . - -
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