HomeMy WebLinkAbout0399 . ~ f .
To plaa and oonwwou~l~? ks~p on th~ buildinp~ now or Mr«ftM ~Itwt~ on s~id land «+d on ail ~quipm~m ~nd p~~on+Ih aowrrd Ml~ narq~ _
~p~,, whh all p~miw~A tMnon paid in fv11, fin M~twana in tb~ v~wl pandwd polth; ia~n. ~n ~ wn1 app~owd b1l Ih~ MORTGJ1~3Eb ~nd wk~d~ta~
Yawana M th~ ww) standard policy fae4 h a swn approwd b1? ~M MORTaAGEE, M wd~ aomp~nY a oo~wpani~ K iln MtMTGAGEE nwy
~nct~ and ~I) f1n ~nd wtod~tonn Mw.~na Poliws on ae~y of aid butldin~„ aMr tnt~st th~nin o. pat ~M?~oi. M~ app~p+h ~ww ~ta~aid or
In ~aaa N~~of, shall oont~in tM wual aNndard narq+pM d+us~ a wch wMr davN a~ tM Mortp+pN n~+Y nquw. ~+kMY th~ las w~ said po1F
tiN. wch and ~Y. WY~bN 1o s~id 111WR1GAGEE a ih Mtuat nwr ~ppNr. nnd ~ad? and tvtry wd~ poiicy sAal) b~ pranpthi as:~d ~nd eldtWr~d ~o ,
wqr Mld br ~aid MORTCrI?GEE a furthK Ncvrity to wid ~+wrp+~ dsbt. +nd. no1 las th~ ha (10'1 d~y~ M advana of tM axpM~tion of MsA Polic~?. 1e d~
i~ivK Io Mid MORTGAGEE • ~«ww~l IMnof. top~tMr whh a naipt W? 1M pr«niue ot wd~ r~wal~ ~nd fMn ~MII b~ no fin a wind~~aa? kaw~na
plaad on ~ny of wid buildinp~, anY IntK~sf tlNnin or part tMnof. unl~ss M th~ form'ard with tl+~ lou p~yable ~a ~fatw~ M+d In tIN fwiM ~e11 wrn
of ~Y b~wn~ P+rabl~ w~ sud~ poliel? a Polici~s wW MORTGAGEE sMU h~w tM option b nalw ~nd ~pply tM ~ on aaoowN th~ kid~bt~d
naa wew~d Iwr~by a w p~nnit wid MORTGAGORS to naiw and u~ N a any p~?t ~Mrwt fa other pwpasa. wirho~t th~•eb,r waivinp a imp~ir
H+0 +~Y ~ib• IMn ar riphl undM a b~? vtrtw of thit mwtp~p~~ ~nd in tlw ~wnt wid MORTGAGORS sMll for any rNwn faN b kNp th~ wW onmita w
tmwrd, a f~tl w d~l~va promMN of s+~d ~~a.s ot t~+.u~.~o. a ssb MokTC~?c~. « i.i~ P.a,~~y w pay t~dh +~w w«~~ tMr.fo. a tn .n~r
n~p.a f~tl a p.~fanti •x.cwa ~fi.a. ooTpN+~. aomp~lr wNh and ~Wd. by ~hb oow~ant. a+nY P+.t.lw~wf. ~atd MORTGAGEE wuy p1+a and
WY fa wd~ Mwwana a~ pirt tlwhoi without walvi++p a atf~c+inp +e11 aWion, INe~ pui~Y. a?ipM wwla o? by viAu~ of thi~ Map+p~, aed tM
tvll anw~~t of ~ad~ ~nd w~Y ~ P+Y~ dwll b~ inr~d~at~lY dw ~nd p~Yabb ~nd shil~ bw t~~raf han tl» dsa tMnof untfl p~id a~ d+~ ~aN ol
ni~r pw antwn pM atiwm ad wp~thw with wcA htenst shill b~ t~cvnd hr N~ N~n of tN~ lnorppa
To p~rmtt. oonrnh a wff~r no wastR. Ynp~k~t ar dst~riaatwn of ~aid prop~tp a any parf tMrwf.
5. To pay all ~nd skp~lar th~ ~oan. clwro+a and ~xP~s. indudinp a naonabl~ ~t~orn~y's fN and oosts of ~bstrKn of thl~. in~wnd a p~td M
any tinr by sad MORTGAGEE. becava o• in ~h. w.nt of fM faih~n on M~ p.rt oi ~M s•W MORTGAGOR a duly. prompiN «+d iviM v«i«m. d'ad~~w
.x~evN. ~fhep oomP~h. ~^P~Y with ~nd ~bid~ b~r ~ad~ and wKy tM sti~xrl~tio% pratm~nts,, oonditioea~, ~nd eownwln of said prant~sory eoN K+d tAts
matpW~ anp Or ~itliu. ~nd aid wsb. cha?qss u~d ~xpaws, ~ach uid way, tMll b~ 6+m~diaNly dw ~nd piyablti wMMN a nof 1hK~ b~ nWioi da~
m+~d~ athenpt q adlact a ~utt P~+~^Ys and tM ivll ~nauiu of Meh ~nd swry wd~ paYm~nt sh~ll b~a int~t fron+ tM dat~ tMr~of unNl p~W at tM
rate of nirr pK centum pK Mnwet +nd all s+id cbsti. chuy~s +nd ~aWnNS inairred or paid. top~tMr with wd~ intawb shsll b~ a~tw~d by th~ lia? d thi~
map~p~.
6~. ilwt W b? tM ~vwM of ~ny bn~eh of tF~is Maq+p~ w d~f~ult an ~Ir rt of t!w MORTGAGOR. or (b) in tlk ~w~M ~ny of ssid sun» of moe~y
Mnin nf~n~d w b~ ra~ pranptly aod fully p~id within thirty fd0) d~ys n~at ~~a rh. w~. ..wt.iy b.~ar. dw .~,d ar+bi.. wnnow d.~+.~d «~w~o..
o? M tM wMt ~+ch and ~wry tM sHp~latiaa. +~^ts. oond'itiaa ~rd aown~+ts of said p?omis~ory no~ ~nd this mwqap~ any p~+th~r ah na1
~+~1?. P~~^Pt~Y fullr p~rforrtrd, d'atMrped, ~xecvt~d. ~ffict~d. comPl~hd, aomP~iad with a~d ~bided by. tlwn in tith0? ar.u~y wd~ ~w~?2 tlr aW ap~
prq~t~ win ma~tiaNd In wid promissory tat~ th~n ~~rtwininp unAa~d. with intenst awwd. and all rtwn~ys wcwed h~nby. th~ll bsconw dw ~nd WY'
abl~ fatMvith. or th~nshN. at the option of wid N10RtGAGE~, a t~~y «,d oo~,kt•y a N all of ths s+id swes of nwmr w~n aipM~lty tY~pulated
ro be p~id on wch day. +nYthirg in wd promusory na~ or in tNs Mort~e ~o th~ contary no~witMtand'u~p: and rF+K~upon or ihsr.ah« ~r d» opf'am of
wid AAOitTGAGEE. without noYw~ a d~m+nd. wi1 ~t lawr w 6~ p~?itY, thKdon or tMr~aher bpw4 m~y b~ prw~w~d a ff all manys-s~twd h~r~M?
Md matund pi~or fo i1a iottitution. _ • , _
7. That in tM ~vMt thit at the b~yhr~kg of or ~t any tim~ pendrg aay wit ~rpoe this Mort~ye. a to fareclw~' M, br to rofonn N, a~o ~niorc~
payn~ee~~ of aMr daiins hanwKler. said MORTGAGEE shdl ~pplr to tht Co~ut brviig ivri~drctan tl+e~oof fa t1K apAomtmNu of i.Rsceiwr. wd~ Co~if shall
fo.tlivvifh ~ppoinf ~ naeivu of s~id mortD+ped P?aP~e+Y ~II and sirgular, includrip all ~nd w+pvtar tM inobm~J~ro/it~, Issu~s and rwenws han wfistwK
wura d~riwd. ~ad~ and wery of wF~ich. it b~i~p ~xpressly und~ruood, is hereby m«pa~d a if ~pecificilly sN toel~ic±rKl dMC.~'~ad in tlr yr~nrirg ~and
Mb~ndwn cla~na lNrwf. and wd~ Raaiva shaU Mw dl tl+~ bro+d and eNWiw fw~ct~om and powsrs In anywise emc~t~d b~?'~Cowt tb a R~oeivtr, and
such appotntm~nt ~MII be m~de by such Caxt as an admitted eqvity and ~ m~tte~ of absolvt~ ripht,_to wid MORTGAGEE. snd without nfe~eeo~ to ttr
ad~qv~cy a in~d~qu+cq of th~ valw of th~ p~bperry mortpag~d or to th~ ~wwncy w inselvency of wW MORTGAGOR a the def~ndan:~ and that wch
nn+s. peofit~. Y~oaeK. asws +~nd ~ th~ll b~ appli~d by wd+ Reaiver aaordinp to tM lien w pvity of said MORTGAGEE and tM practia of weh
CourL
e. To duN. v~~P~b ~b w~~. ex~cut~ ~H~ct, oompkte, oomdy with and abid~ by wch s~+d w~rv th~ stipulatwro. ~ore~n~nt+. -
cadition~ and ooven~nn in s~id pramissory not~ and this mat~ap~ wt forth.
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9. Tlwt tn th~ w~nt th~ ow~wnhip of tlw mortyaped p?emius. or any pirt thereof, becomas wa»d in a penoe oM~? than th~ MORTGAGOR. th~
MORTGACEE, In auooesson ~nd asi~pns, en~y, witlww notic~ to the MOR7GAOR, deat wirh such sua~swr a succ~sso~ in imasst with referenu fo this
mwty~y~ and the debt hueby secwed in tht san» mannar ~s with 1No?tps~w withoul in s~y w~r vitiat&g o~ dixhupinp tIN Mo/tyapow' 11abiGty Mr?
ur+der a upo~ ths debt her~by sscurad. No s~l~ of the premises hereby nwetyap~d a~d no fab~ar~noe on fh~ pah of rh~ MORTGAGEE w hs waesao~s
or assigns and no ~xtension of th~ tim~ fw ths payment of tM dabt iw~by secw~d 9iven by th~ MORTGAGEE or its sucassors a ~ssigm, shall opuat~
ro nl.a~, dndwry~ na~ip ehaeg~ a ~ff~d th~ orgind li~bility of ehe NYORTGAGOIt lweiq, sithN in wlwl~ a in puf.
10. M b ap~aficaly ~pre~d th~t tim~ b of th~ ewnc~ of this eomract and tMt no waiw? of an~r oblipatan haeunder ar of th~ oblip~tan sr
cund i~a~by sh~ll n u~y tin~ Niett~fNr b~ hald M b~ a waiwt of tht tKms Mreof a of th~ imtn~mem wcw~d h~rby.
11. In ~ddition ro ths fonyocn9 ~+~^t~Y P+Y~^ts of princ'p~l Md &~terest required by the promisiory nore sec~red hereby, mortyapo? oovenanb
„ and aprees to psy w morp+pee with e+ch monthly p~yrna+t an ~dd~rional sum estimafed by mort~ay~e to b~ equal fo 1/l2 of the annwl coat of tM follow-
irg:
A-All real property t~a~s kvied a assessad s8sinst the above desvibed nal est~te.
, 6-Pre*niuira o~ fire and wmdstam inwru~cs as herein requ'red ro be urried on t~ improwmants situa» on the ~bow dtsuibed preenises.
C-premivms on sqch mortyaye ~uuanty inwrance a~ nartgapee ~hsll from Y~ne to Yrne de~m fit to ta~ry on tbe Iwn setvred hereby.
Mortyapee ~!»II from time to t~me ratify matgagw m writa~y of the amount due and paysbl~ her~~x~der and such wm sh+ll thereupon ba dw ~nd E
payabl~ on tM dus date of tM next monthlY payment and ~ach s~coessiw month there~her until morty~pe~ s1W11 eotif~r mortysgor of a chsnpe in wcl~
( an+ount. Sueh swns shall bs applied by mortypee toward th~ payment of real prop~rry taxa, irn~xance prtm+~w% ud mortyape ~uaranty wvwanp
` premiunr.
~ IN WITNESS WHEREOF, th~ s~id N~ORTGAGOR has hereunto sN his h~nd ~+d ~ea) the d+y ~nd ~rear first ~fa~asaid.
~nd ti+~ presNrct ofi - ~ ~ ~ ~ ~ _ O d
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STATE OF fLORIDA ~ ~
St. Lucie _
courrnr oF , ~
T, ~.,,a,.iy,~,,.~ Toney Ford. a/k~e Tony Ford ,~,d ~
Ma ry Le e Fo rd his wif~, to me we~~ knaan ,nd k,,,Mn, b m, b b. ~
tM 4~d'ividwb dauGbed ln ~nd who ~xacuted ths 6atsiwrwnt. ~nd ledyed befon m~ th+t t1Ny ~xea»ed tl~e wn~ fa th~ p~rposes ~
~ f~~r Lee Fo~
w~f~ ~ Tone9 Ford, e k a Tony Ford `
. ~ . ~.~..n. .~a ;
eaamin~tion b~r m~ qkw~ s~p~rat~ aed apan ham ha said Mab+ed. +dcnorvl~dpsd ro ~nd befon nw tiw she ~~cuted ~+id i~strumem frMly ~nd volwr
tuily ard witlwuf Nqr aon+Pulsion. coestr~iM, aPP?e or fear of or from hsr Mid Irrsband.
WITNFSS my h~nd ~nd offiaal s~al thia day d $ 6 t emb e r A. D. {9=L
. +~1/ Publk in for th~ Stat~ of Florida at Lup~ i
- . My Commission •npirn: ,
RNum Ta. t~,~.~:ua~= ~t
Swinps ~ r ~'~0~ Sb~Q 0~ E~Olldi it 41~!
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SEP 856 .
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~`ERK CIR~U1t
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