HomeMy WebLinkAbout0666 ~ 1 c ~ . .
a. TO pl~ and oontin~+owh IcMP on th~ buildinp~ now a Iw~aftM ~ItusN on s~id land and on all ~quip+Mnt ~nd pMSOn~11y covK~d bY thN eno~p~ ~
p~, with aN pr~miweA tMr~a? p~id N tu0. fin 4uwanc~ in th~ v~wl st~dud poiit~? ian4 ~n • wn1 ~pprowd bY IIw MORtGAGEE. and windttorm
M~wr~na M tM wwl te~nd+~d poGh? 1a~A, in a~wn app~owd M? tM MORTGAGEE. Y~ tu~ companr w~o^~P+^~ as th~ MatTGAGEE ~
dYrcy ~nd ~II fir~ ~nd w~m Mawana polkiM on +nY ef ~id buil~ti +n1? Y~t~st tlwnin a p+h 1Mnof. in 1M a~prp~h twn ~fonuid a
In ~aaw tMrMl. ~h~ll oont~in tl~ u~wl uandard mat9~ d+uw a wd~ alwr daw~ w ~M Matp+p~ ^uY Mqukw ~~q ~h~ lass w~dw s~id pol~
ciM. Nth ~nd ~wrY. WYabl~ W sNd MORTGAGEE a ib fntKpt ~'~wf Ma tlwn IN~ 1( 0~) ~ k~i
a~dvuiq of tM~i~cpMit~ud~ polky~~d~
se~ A.W bp ~+id MORTGI?GEE a furtl~ NaKib fo i+id morto+p~
Iwrr w a+id MORTGAGEE • r~ewal tMnot. wp~~ witl+ ~ natpt ta tM pn~nium of wdi r~wd~ ~nd d~~ ~MII b~ no fin a wt~ro.~w M~w~
pt~pd on ~ny of ~aW butldMg~, a~qr Mna~a tMn1n a pa.t th~noi. wdMS in ~ir bnn'and wi~i~ tM loaa payaW~ u ~fonNid~ and in tM w+nt any swn
oi mon~y b~caera p~y~bl~ wnNr wd~ po1k1? w po~kMs uid MORTGAGEE shaN Iww eh~ option b naiw and ~ppir th~ wn~ on +caowu o~ th~ h~d~bqd~
e~M Ncw~d iNr~ or 1b paenit s~id AAORiGAGORS b~io~iw aod ~a N or sM? p~rt tMrwf for othe~ pwpwa. witlaut tMreb~ waivinp o~ imp+ii-
ww «w wwn?. ~ w,a.. « a? ~n,. o~ .~+a +h..,?«a ..~a ,rwaTw?coes .i+.n ro~ r..~a+ f.n w k..p ~.w+o~..~« .o
r,.~..d a i.~i ~o d.i~ wo~wb .m? of ..w of ~aw.~o. ro a~d MortTCnc,~~. a tui ~w a P.y ~b •~w w«~+ «w
n~p~ct faii b p~r(o~w~, ~ ucKU1R. ~thd~ oon~PlNw comP~Y with and ~bid~ by tN~ covManl, a any pirt Mrwf. wid MORTGAGEE m+y plaa and
P+Y tor wd~ Mwnno~ w a~11 P~ a aff~ctin0 anr aMiOn, IM~4 puity. or ripht undM a by vkfw d this Morlp~p~, Mw! 1M
full Mnount of ~ad~ and ~Y ~ P+Y~ d+dl b~ imn+~i+N111 ~~~i'bN ~nd ~MII ~ inl~n fran th~ d~N thanof w?NI p~id at th~ ~~b ol
nier pK antw~ pa a~rwm and topNhw with wtA Int~t sAdl be t~cw~d b1t th~ Wn ef thi~ ~norppw
1. To pa~Nt, oo~nm(t or svffK no w+~M~ MiP~irn~ a dNKiaation d~dd propwlp a aey p+~l fMr~ef.
S. To p~y all and airqular ~M ~oost~. elwpn ind ~sp~rn~, M~dudino a rwon~bb +t?ore~l~~ fM ~nd awn of ~ba~~eN of tAl~, M+ewr~d or p~td at
~ny tYew bp s~id MORTGAGEE. b~ewk~ ~~~of~ f•~ ~~ta~w tapn~n~M, ao~ttom? and ~o~wn~~~ w praniisory ~oN
se~d~t
N
•xawt~. ~ffW. oompl~~e. oompl~
maqp~ or ~itMr. aed said cosa. clwp~s aid ~xpMws. ~ad~ u~d w~ry. ~U bt i~n+~i+hhr du~ ~nd payabMt vrMtl~ a~?w tMr~ b~ notioi d?
n~~nd stl~pt fo ooll~d a wN p~gt and 1M fuil amount of Nch and w+~I? ~ P+Y~^~ ~11 b~ar iet~nsl fran th~ daN th~nof untp p~id ~f 1M
r~M of ~irM pK antum p~r an+vnV ~nd all t~W absn. ch~qes +^d ~xWiwa 4rwnd w paid. Iop~tMr with wd~ fn1~6 th~U b~ a~aK~d by th~ li~n of thN
t
0. 1Mt W in th~ ~wnt of an~? bn~eh of M4 Malypt w d~fwh on tht prrt of tM MORTGAGOR. ar lb) in th~ went ~ery? of aid wms of mary !
h~nM niwnd w b~ ~ot pranptty and fuly p~id within thirtr (~!0) d+ri n~xt aftN tl~ sam~ wvaaiyr b~cam~ du~ ~nd p~yab~ wNlaut d~mand a notiw.
cr (c1 M th~ ~w~t ~ad~ snd iwry tM sfipul~tiorr. +p~n~ts, aonditiar and aownsnts of aaid pron~ao~y eote and t!w morqpt +tW or ~iM~t an nol
~+h?. Pro^w~1? ~h P~^~• ~x.cw«!, ~ff+ct.d, oompl•t~d, aa~iNd wit!+ ~nd ~bid.d `y. tl»n tn ~irh~. a ~ny wd+ w~m th~ s~id ~
pr.~t~ ~we nNmiornd in s.id prorr4aay ~wt~ tha+ r«naink~p wipaid, with im.nst aarwd. and a~l nwMys s~nind MnbY, aMtl b~oomt dw and P+r
~bl~ forthwid~, a NwrNfta. at th~ option of said MORTGAGEE, a fvlly ~nd canpb~~h ~s if all of N+~ s+id sw~r of mawy weh aipindlp u7pu~+t~d
M b~ paid on suCh day. sn1Al3~g in s~id promis~ory ~wN or in thi~ Mortp~ to tFw aontrt~ry ~wtwifhsta~gs s~+d tMrwpon q fher~~fh? tl MN option of
~.id MORTGAGEE. witheut notic~ or d~l. wit ~t trv a in pvity. tF~~Fon a tMr~aftN b~pww, m~y b~ prauan~d as if di mo~y~ Ncvnd I~nbY
had nNtund prior b iM i~itution.
7. ih~t in th~ ~vMt th+t n Me b.ptm+lnp of a~t any tin+~ p~d'inp +or wit vpon rMs AAo~p~. w w fanciwe M. or w nf«m N. or a~niora
paynwm d any daima Mr~wd~r. wid MORTGAGEE ~lull apply b tlr Cain havinp iurisdiaion thsr~of for tM appomtm~m of a R~ceiva~. wd~ CaKt ~hsll
fortliwith sppok~t a ~ativK of said nwr~p~p~d property all and skqvlar, kKluduip all and sinp~lar th~ inobnw. profin, i~sws and nwnwi fran wh~twu
sou~c. d.riwd. .ach and w«~r of which. it b~irw ~zp~sh~ w~dKUOOd, sa ha~br morro+p~d if .p.c~fica~y se~ fa+h and d.s«~b.d tn d» p..n~Lp «+d
h+b~dan d~us~s h~?wf. and wd~ Rsaiv~. slWII INw ~II tM bo+d and ~Hatiw func~~oro and povrers in anpwis~ emruat~d by~ ~ GaKt to ~ R~iwr. ~nd
wch appohMne~t sh+tl be m~ by wd~ Court a~n admittad pviry and a en~na of absdua ripht a said MORTGAGEE, and witho~t r~fer~na a tFw
ad~qwcy or inadpust~r of tM rsluw oi'the propKty mortp+~ed a ro th~ sohrsncy a iroolvency of said MORTGAGOR or th~ d~Medann. and th~t wch •
r~nt~ Prof'm+ b~oonK. bsws and ~nwi si~ll ~b~ appll~d by weh R~oeiwr +eoordinp b th~ 1'Nn ~ puiry of said MORTGAGfE ~nd tM pradio~ oi wd~
Caief. - _
a. To duN. P~P~N «d fulh p~rfonn. d'iKhu~, ~xiwte. efhct oo~p~M. ~v wirh and aWd~ b~r ~ad~ aed r~y th~ stipvtatfaa. ~p~d~„ E
coe~tions aed oovenaus in said promis~ory note a~! this rnertQ~pe set forlk ~
9. Th~t in th~ ~wot th~ ownt~ship of th~ nw.tyaped P~~++~. a+~Y P+~ tMreof, beoom~s v~st~d h• p~rwe otlwr th~n th~ MORTGAGOR. th~
MOkTGAGEE. hs aucatsas and ~ssiym, m~y, witho~rt ootio~ to N» MORTGAOR. dtal with wch suaessor or waassw in interest with M~Nf11tf 1o this
mortpap~ ~nd tM d~bt Iw«bp setw~d in th~ s~ne m~rr~sr as with Mort~+por witlwW In a~r way viti~tirg or d~c~rpinp th~ Mort9apon' Uabiljty 1~
. ~r,dar or upon the deM ha~by sac~red. No ssl~ of th~ pranise~ herebY morty+p~d and no forb~ar~nce on th~ put of th~ N10RTGAGEE or its s~xt~sso~s
a assiprn and no ~xt~rKlon of the time fa tlr p~rme~t of ths aebf hsreb~r s~nxed ~iwn by the MORTGAGEE a its woceason a+~sip~a,. sh+ll opaan
ro nMaN. ~y~. nwdifY shug~ or ~ffect th~ «iQwl Ii~b~Hry of tM MORtGAGOR ha~in. ~itlw in whoN w in put. ,
10. h b ~peciHcallY +~nd th~t time ia of th~ easnc~ of this caitract ~nd th~t ra walwr of any oblip~tion h~r~w~der or of tM oblipstioe s~-
and lwnby shatl at any Hme thereafar b~ Mld fo b~ a waiver of tl+s temr henof a of th~ irrtrvm~M Karnd INrby. .
11. In x~tion ro tht farpoag maahly payments of princ:p~l and Interest roquired by th~ prannwry note secured hereby, mort9apo~ cove~+nb
, ard apria w p~y w mortyags~ with exh montMl? WY~t an sddirionsl wm estimated bY mort~+~t to b~ eqwl b 1/I2 of the amwl cost of the follovr-
inp: _ _
A
Atl ?eal prope~ty ta:~s Iwied a aaessed syainst the abow deacnbed rsal ests».
i-Prsmiums on firo and wkdstorm iruwance ~s he.ein requ~nd to be urried a+ ths improvem~nn sitvate on tlw above desc.ibed premnes.
C-P~emiunu on uKh nan9+qe yuanntp inswsnae ss morfpa9e~ shaN kom t~ ro tims deen? fit to wry o~ N~e ban secured hereby.
Mortpaps~ shall from time ro time notify n~ortgayw in writirg of ti~e a~nou~t dw ~+d payable herw~wl~r and wch wm shall N~erwpon M d~re and
P+Y~bb on th~ dw d~t~ of the next monthlY WY~?t aod tath wooasiw month tF»reafter until moripsyes sh~8 notify enwtyspor ef a ch~ny~ in wd~ ;
anww~t. Svrh wms shall b~ applied b~r mortpspe~ toward tM p+~nt of nal property taxes, imwaea prem+ums• and mortyaps ~wranty inswu~c~
IN WITMESS , tM MORT Ms here~mo s~t his Irnd and seal th~ d+y and Y~+~ t ~forwid.
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STATE OF FLORIDJI (
~ Saint Lucie ( • ~
e.to„ n„ P.,,a,,,~l~,pp.:;.d c',c~i~rge Terry,., Jr. .~a
NnrriLa_ J. _Terr~, I~i. wit~, to m. w.u known .~a krwwn w w b.
tF» id'ivtdwb dMaibsd in and who ~xscwed th~ fonpoinp instirwn~nt, and ~cknowladpad b~fan n~ th~t t!»y ~x~a~ted the sam~ fa tht purpoas
tM,.i~, ~xp~w.d, /i„d d,. „ja Narma ~T_ TerrF
wii~ d th~ s~W opon • sep~rat~ and p~ivah
•xrnin~tion bp nr tak~n a~pirate and aput ham ha ssid acluwwl«lped w and b~for~ m~ tlrt sl+~ wat~d wid iestnwmm fra~ly and roluo-
?uilY +~w ~~P~?kio~, oomnaim. ~ppnlr ~r iw ~ w fiom her s~d lwsband. •
WITNESS ~n~? hw~d ard offkid aMl dw~ d+Y ~ A. D. 19~
Notary Pvblk in ~nd for the St~ts of Horidi at tar~
My Commis~ion ucpins:
Rah~rn Toa ~ o ~ ' / .
FbM F~dMd SwMgs i Losn Astoci+tion , , v' ~ ,
OF fort Pierce. ~pp~'S~AiB ~ F~tIDR IE GR6e - .
v».a. Fb.~a. pEp ~ rY co~~ ~R~s rrov. z~. i~a - - - ' • - ~ `
~ ~
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. AND RECOR , ~oeo TMROw~ ~~m w~.n.H~* : ' - .
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aECOa - ' : . r ^ .
ST~u~~E p V
ER~ E a _ J~
3 ~ a~S~ .
+~j SEp ~ 5 -
1.6~f
pp '~RAg RZ _
~~aK C1R~VIT ~~v b00K~V0 PRCE V~~ I
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