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HomeMy WebLinkAbout0245 , ~ i To pl~a and conti~wwusly kNp on tM buildinps now a her~ah~r ~itwt~ on aid land ud~on ~all eqvtpeNet and pason~ly cov~r~d b'1? Mb nwrq~ ~p~,, with ~II pr~miw~ tl+Kwn paid in full. fin insuar~ tn th~ ~w+l sundud policy fwm. ~n a ~w~n approv~d bY tM MORiW?GEE. and wiad~rorin teNw~nn In tM uw+) a+ndud pot~h? knn. In • ~wn approwd by rM MORTGJIGEE. in weh ea~+P+^Y p~P+^~ a th~ MORTGA(~EE ~r dinnt and all M u?d wind~t«m wawana P~?ki~ on ariy of wid buildinp~, any Ma.~st thK~in a p~rt ~Fwrwf. in th~ ~ bas u~dN s+id po14 M~xaa thenof, sMll aontaln rM vav+l stadard e?o.q~ daus~ a wd~ otlw daus~ ~s tM Mor+payM m+p ~squir~ n»kMg dM. Mth Mwl twry. WYab~ b Nid AfiORTGACaEE ~s iri infKest rtwy ~pp~s?. u~d tath and ~vKy wch polity sMll b~ prompl~y aa:9rnd ~nd d~livK~d to uiy Mld by saM MORTGAGEE a twthN ucwity ro s~id morqap~ debt. ~nd ~w las ~han t~n (10) day~ tn ~dv~na of tM ~xpir~tan of ~sch policl?. a dr liw? 1p qid MORTGAGEE ~ ren~w~l therwf, top~th~? wi~h s naeipt ior tM pnmiwn ot wch r~eNws4 and tMn sMll b~ no fir+ w wir~twm imwano~ plaad an any of wid bvildinp~, ~ny ints~at tl~ein or put tMrwf, unless tn tir fam'and with tht loss pay~We a afat~aid~ and in tIN ~wm aey wm of ~y Mcan~a WYsWe wwla wch policy ar policws uid MORTGAGEE il~all IWw tM option w naeiw and apply tIM s+mt on ~caount o1 tM ir~b~ed~ nqs wtw~d 1~~by p 1o permit said MORTGAGORS ~o naiw ~nd w~ it a ~ny part tFKrwf for o~hH pwpasss, wi~hout thereb~ waivinp a im~iN tnp +M? puiry. li~n a ripht u~d~~ a by v4tw oi th4 nart~+p~t aod in tM ~vMt ~id MORTGJlGORS sh~ll fa a~q? hason hi) b k~ep the s+id pnmiws so ~+w..d. « fa~t ro d.~~a ~a~~hr «+y of .a~d Por~.s ot Mw..~w ro s.~d ~Tw?c~~, o. f.tii ~?~y w P+r ~ur «w w«~ ~...ro. o. h.~y . n~p~ct f~il to p~rfocnl, ~nd~+?qe. ~x~cv?~ ~ff~d. oompl~h. complY with and ~bid~ by thh cownant. w any put Fwreof. said N10RTGAGEE ewy plac~ and P+Y fa wch uawsnc~ a any P+h tM.~of wiMout w~hr'inp o~ aH~cHnp +^Y oWion, ~1~n. pu~tY. a~ipM wida a by virtw of this Mort~sp~, and tM full xno~x~1 of ~ach and rwry ~ WY^M^~ stilt ~b~ in~diat~ly dw ~nd py~bb ~nd sh+ll bew I~uK~w f?om tM daN thK~of until p~id a~ tM ~aN ot nirw pM antwn pK arowm ~nd topethsr with wtA inNrest tFwll b~ a~cw~d bY th~ li~n of thi~ I~wrtqp~. 1. To pKeniy oonwnN ar suffa eo wat~. in+P+knK^t a d~taiowtion of sai~! p?opKf~? ar any put tMnoi. S. To p~r dl ~nd sinpular th~ ~oaq, ch~r'~s and ~xPK?se~. i~dudinp ~ reafaubh ~Mamy's h~ and aosts of absnac~s of thl~. kKUn~d w p~id at ary timt by ~id MORTGAGEE. b~t~tn1 or in the ~wr?t d tM failw~ on tM put of tM uid MORTGAC~OR to dulp. P~^M~1? +~d ~~Y P~a~. d~~ ~ ~x~arb. ~ffKl, oanPkh. oomplY wifh Md ~llid~ br Nth ~nd ~vtry 11M sf'~ui~tioni, apn~nll~ conditbrM, M~d oovNMnq oi wid promisso~y nOM and this ~+~9+N +^Y o~ ~ithet. «~d ~a~d oosn. ch~ u~d ~xpxws, each and wMy, slwll b~ immdiatelp dw aed piy~bMt wM~l~a a not tlrn M naioi d? maed athmq lo oo11M or wit p~ndi~pt and tM fvll aenowK of ~ach ~nd ev~ry weh paYn»nt sMll bw int~nst from th~ datt tlw~of vntit p~id ~t th~ rare of e~ie~ pN antum p~r snwm; and all ~sid absts. ehirpes ind expans~s ina+n~d a paid, topNha with wd~ intKat. shd) b~ s~eund by tl» lia~ of Nw morqy~. . 0. ifwt W In.tM wMt of bnad~ of th4 Mort9ap~ or dsfauh on th~ pKt of tM MORTGAGOR. a~) in th~ w~M any of said swm of nwn~y Mnin nf~rtsd b b~ nol promptly and fulll/ P~id within thiAy C~0) days n~xt after t!w ~am~ sevewly bac~ne due and pay~biq without d~ a nwit~.. w W in ih~ ewM each and ~wry the s~iq+lations. +Or~en~nts, conditions and oown+nes of a~d pranisaory not~ and tlrs n~ort~ap~ any. a~ ~itha m na1 iuly. prompNy ~nd fvlly pKform~d, ~ytd. ~xacut~d, efticted, eompl~ted, canplad witA and abided bp, tMn in eithp o~ any such wMt th~ said ap~ prepaN wm n»miorrd in said promissonr not~ then ~unaininp unP+ld, with interts~ aouued. and ~II ma~eys a~cw~d her~by. th~l) b~aon+e dw and WY~ ~bl~ forthwifiy a tMrsaf»r. ~t th~ option ol sa~d MORiGAGEE, u fully ~nd canpl~tey a H all of tl+e said wem of nwrny vwr~ aipiMlly atipuwted ro b~ paid on wd+ day, anythkg in said pron+asory note w in thb Mort~age w the contnry notwitMtandinps snd tMn~rpon ar thereaftK at tM oWan of wid MORTCaAGEE, without eotioe or dan+nd, suit s1 la~v or In pvity, tMnfon w tl~e?sshar bpw4 en~y b~ prowaned as if sU mon~ys s~and haeby h~d matvrd pr"wr to iri institution. • 7. Th~l in /M went tMt d tM be~innin~ of or d ~ny tim~ p~d'irg ~oy wif upw~ ti~b Mwtpape, ot to fwetlo~ A, or b reform H, w b~nforp P+Y~? ~+~Y d~am hereundar, wid MORTGIIGEE sMll apply to the Cowt haviny jw:sd~nion thereoi for the ~p~wwntm~M d a Rsoeivc+. such Cowt shall forrliwifh sppoint s rau~v~r of said ewrtp+~d ProperfY +If and sinpvlar. indudag all and sirgvlu the inc~ane. profits, issv~s snd nvanws from wMt~va~ • wwa~ d~riwd. ~ach and ~vsry d w~+7d? it beirg expressly undar;~ood, a hsreM mwty+ged +s if ~pscificaly set lorth and desuibed in tM pnntinp ar~d hab~ndisn cla~es Mreof. and wdr ReaivK sMil Fww sll tM bros~! and ~ffeetiw iw~ctans and powen in anywise emrwt~d b1~ a Cairt to a Receivu. and such appo4+tm~nt sh~ll be m~de by wch Court a an adenined equiqr and a n+anar of absolut~ right to said MORTG/~GEE, and without reference b th~ adequ~cp or ~+cy of th~ v~lw of th~ prbpaty er~o.t9+ped o? w the soivency o~ insolvency of said MORTGAGOR a the def~snti„ and that wch renta, profits, intans. iaws and rewmns sh+ll b~ sppti~d by wd~ Rsc~iver xc«dug w the lien w-squity of said MORTGAGfE a~d the prwia of sucA Cowt. ~ 8. to du~h?. P~~W~Y snd fvtb W?ionn. d'ach+?ye• e:ecute. effect. aomPlete, aon+P~Y w+th aid abid~ b~r ach and ewry th~ stipulatian. +pn~nta. • cond'itiom and cwen«?n in s~id p.ombsory not~ snd this mo.r9sy~ set fo.rh. 9. That in th~ wem th~ ownership of the morty+ped prernpas, w any p~rt thereof, beao~ms vested tn • penon oflw th~n th~ MORTGAGOR. th~ MORTGAGEE, in wcceswrs ~nd +ssiym, m+y, vrithout noYKe to the MORTGAOR, dsal with such waes~or a tuocessa in interest with nference 1o this mwt~p~ and the dcpt hereby secwed in the same mannet as with Morty~por witlw~t in any wap viti~tinp or discharpirg the Mortyapors' liabiliry Irn• ~nder or vpon th~ debt he~eby secwed. No ak of the premises herebY mortp+ped ~nd no forbear~no~ on the put of the MORTGAGEE or ib suacssors a auiyes and no exta+uion of the time for tlw payment of the aebt hereby secured ~ive~ by th~ IVIIORTGAGEE o~ its wooessors a assip% shafl opuat~ ro teleas~. ~iutwrp~, nwdify th~rgs or ~ffect t!w otiyind li~bility of the INORTG/1GOR h~rein. ~ithas in wlwlt w b p~rt. 10. h k K»cificatly ~proed th~t tien~ i~ of the euN+ce of this aontract and th~t ~o waiv~r o# any obligation Mreunder a of ths obli~ation sr wnd iwreby shell at u+y Yrne thersafia b~ held q be a waiver of tht. tatms herwf or of the irotrw~xns seaK~d haby. 11. In sd~rion ro rl+e fwego:^9 ^w^thM WY~+n of princ:p~l ~nd interest required by the promissory no~e aecwed hereby, mortgsgor oover?anb _ and ~p?ees to pay b mottg+gee with eath ~nonthlY paymeM an a~Wirional sum estirtuled by mortyapte to be eqwl b 1/12 of the anwal tost of the follow- ~nge A-All real property taxes kvied a assased a9simt the above desvibed resl est~te. 8-Premiwms on fire and wiindstam iiauwnu u herein reqdeed ro be urried on the improvemaMs sitwb on the above desaibed pran'aes. C-Premiuna on skch mort9+9~ 9wrsnty inswanoe +s mortgagca sh~ll from fwne w time deam fi1 ro carry on the toan secvred I~eby. i Mortyayee sh~ll from time to time notiiy mortgagor in writinp of the smoum due snd psyable hereunder and wd+ sum shall thereupon be dve ~nd ' p~yabb on tta due date of the next montFdY psyment ~r~d ~sch waestiw moMh thereaher until mort9~pee shsll notify nwrtgsgw of a charge in wch ~ smo~nt. Such wms shsll be applied by mortpspee towsrd the p~ymant of rea) propxty tazes, imwuxe pran:ums, snd mortg+pe yuuanty insururce P~~ ~ N WITNESS WHEREOF, the said MORTGAGOR hu hereunto sM his hind and s~al the day and yeu first ~foretaid. in the prasnoe of: . ! ~ C 1 ~ ~ . ~ f_La~ f5.~~ S E Of FIORtDA 1 - ~ St. Lucie ~ e.fo~. P«sa,.~ +pp..nd ~ .~a l~ary Virq n a Rocky w, M,;r~, a„w „~a „ „ e. th~ ind'ividwb ds~uibed in and who ex~a+ted th~ fasyoirg instruen~n~. ~nd ~ckewwledped b~fore m~ tl~at tl~ty execvted the same fw tM qrrposes ,~,d w Ma Vir inia Rock wif~ ot th~ wid 1~ . OC II ~~ep~rate ~nd ptivat~ e~caninatae b~r m~ taken sepsrat~ aed ap~rt from her said Iw~b~nd. ~du+orvledDed b ard b~fort me thit sl+~ txecvtad said 4utrumant fnely uid volw~- arily and without uqr oanprlsar4 ca~str~int. appr `heiawio_n,~ har of or from ha s~id WITNESS my hard and offiwl wal ttrs_~-~i~d._.~ d+Y $@ t@lllb@r A. D. 1967 . _ ary in and or the St~it of Hor+da at Larp~ 3 . My Corr~mission ~xpitp: . { R~+urn ia 4 Fint F~dsral Swinps 1 loan AswciaC ~~ry $~a~! Of F{Of1di n(,~ # Of Fwt Pieroe. R~~; ~ , - . ~ ~OII~KSIM Fotf P ~ao~~ ~ O L~ ! b~ 1969 i i F 11.~C~~ C v~~ 1E . i _ ~ c.~..r~ c.. i g~t•a coa~ a : • . . _ i ~ _ - - : 8 ~y~ ~ SE 5~~~ - ~ ~ '6~ Q~y9 ~s r ~ U\ \ R at . . . ~o~~ RCW~ ~OV . CLERrC C ~ ia~~~ ~ ~ - _.Y,. - - ' - _