HomeMy WebLinkAbout0742 . , ~ ~ •
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To pl~a ~nd oontkwuush? khP on th~ bvildinps rww a Iwr~+fia ~i~w» o~ wid land and on ~J~ pulpnKM and PNaMih covK~d b11 M+M na~~P
apR, wid? ~II pnn+iunw thw~on p+id in fu11, fin tntwana in tir utwl' itand+rd polkY 10~ ~n • sun~ +pp~owd bt? th~ MORTW1~sEE. and wM+datone
krw~noe In tM uiwl ~twd~rd polit~? form. In ~ swn ~pprov~d • by tM MORTGAGEE. In wth wmpanr a oanpsnh~ M t1~ MORTGI?GEE ansy
~np~ ~nd al) fin a~d wind~torm i~aur~na policia on any of aid buiWinpi. ~nY t~++arat tMnin o? pat thKwf, In th~ ~YO~
loss w~ ~+id pdb
In ~oo~ NwNf. ~h~ll aontain tlw u~wl uandwd mat0+pu d+uw a wch aMr davw a th~ MonpapN ~++Y ~qwn. ~n+kM~Y
dw ~+ch and w~1?. o+Yabt~ a~aid MOkTGAGEE a in Infu.st ~'na N~ th~n t~n 1( 09 ~ t~n'~~dvana' o~t ~•tion ~~ch polky~tOd~'
«iy Mld by uid MORTGAGEE a fw~ t~cwib 1o wid mo~tp+pe
livK to wW MORiGAGEE • nMwal tMr~of. top~rFwr wi~h a nceipt for tM pnrniwn of wd~ r~newalt and thN~ sMll b~ no fit~ or wi~lwm Mawana
plao~d an ~n1r d wid buildinp~. MMr tnt~na tl~~in ar put tMe~oi. untws in th~ tonn'.nd ws~h th. loss p+yabl. a.fw.s.ids •nd tn ih. •wm .ny •wn
uf mon~y b~oanw phr~bb ur~ wcA po1k1? o~ Potici~ wW MORTG/1GEE sMQ h~w tM option w naiw and aPPh th~ s~ms on +ooow~l o~ tM k~d~bt~
e~a Ncw~d I~~r a b p~imit Nid JNORTGAGORS to npiw +nd vM if a? +~1? P+n th~r~of for orhe~ qxposes. wi~ho~t tMreb~ waivinp a impsi~
~+~11 ~W~1?. li~n ar ~ipM w~ a by vMh+~ of thi~ nart~p~~ and in tM ~wnt wid MORTGAGORS ~Mil fa +nY naon fail to k~P ~ wid pnmiw~ a
~.w.d, a. tau a d.~iw. p~omph? «w of s.w Po~~a.s o~ ~sw.~o. +o w~d Morttc~?c,~~, o. bil pra~+pty to paY ~hl +~Y P~~^+~^ Nwnfa a in an~r ,
n~p~ct fdl b pwfot~ ~schr~ tx~aq. ~1f~t~. canPlt». aomplY witl~ and ~bid~ b~? tirs ooweant, or ~ay puf Mnof. aid MORTGAGEE ~y pl~a ~nd
ar fa w~d~ N~x«~ or ~np pet tMrsd without walvtno a affKtinp a+11 aWion. (i~n. pwb. or ~ipht w~dK a by vi~tw of this Mort~sp~. and tM (
ivll ~mouiM of wch and ev~ry wd~ WYm~rw sh~ll b~ i~nmadi~t~ly dw and py+bM and ~11 bw intaat froe~ tM d~t~ tl~wF until paid M tM raN of ~
ni~ p~t anw~ pM smw~n and top~the. wnh wd~ int~at sl~Il b~ ~a~nd by ~hs of tN~ ~o~t~p~.
1. To p~nnit, aon~dt or wtf~r no wap~„ iwP+kmMt w dNKia~tion of aid propKty w any pa~f ti~r~of• ~
S. To pay ~II and s~p~lar tM ~ooab. elw~a +^d ~xpan~. i~+dud'~rg a~sason+bb ~twre~s fM ~nd a~» d ~bstnet~ of tit4. M~evrnd or paid ~t
any tin» by uW MORTGACsEE. buus~ a in th~ ~wnt of ~M hilun on the part of tM uid MORIGAGOR w duy. P~*P~~Y and fvlly p~rforn~, dixh+r9R ~
~x~cu1~. ~ff~ct. oomPbt~. aomPh? with and ab+d~ by ~sch and wary tM stip~tiora. ~pre~ma^~s. coeditio~M~ and oov~nts of ~aid pranissory ~+nd thit
~~Y+Y~ ~ or ~idrr. u?d said oost~. cha?Oq and ~xpMwb ~atb and wary, slwll b~ YmiediaMly dw and p~yabNi wlrfhN a not Mwn b~ notki d?
~n+ed +~»mM ~o colMct w wit P~~Ot ~nd Nn full ~mowit of ~~nd ew~lr wch WYmsnt ~MII b~ar int~rat han 1M d~N tMr~of un81 p~id ~t the
ntt of nie~ psr esntwe pK +nwmt and ~II s~id tdsts. d+u0~s and ~:p~nws Ma+tnd o? p~id. IopNMr with wth iMU~st. slwll b~ tKw~d br tlw li~n of thi~
~p~
6. TMt in tM w~nt of ary bnach of tN~ Morrp+p~ a d~fwh on th~ p~A of tM MORTGAGOR, or (b) in th~ ~wnt any of wid swro of moeey
h~nin nhn~d a b~ not promp~y and fuly paid wi~hin thirty (30I dw~ n~xt after tM wn~ ~evaaty b~can~ dw and WY+W~ witM~A d~m~nd a notk~.
a(d N tlw ~wnt exb u~d way th~ stipulatioro. ~W~^ts. candtions and aown~nb of iaid promiswry ew~ and tM morpp~ «+y a ~itha an nol
iulp, prpnpty ~nd fuUy puform~d, dach~rped, execut~d. ~ffictad. ~oa~pl~t~d. canplNd with aod ~bid~d by. tMn in ~itMr a any such wa+t tlr said sp~
prg+t~ wrn nwntarMd in siW pronw~ary eot~ then nmainL+p w~paid. with inte.st aocrwd +nd sll naney~ s~ax~d Mr~by. ~11 biaonw dw and Wp
abl~ forthM?UR a tMrwfta. ~t th~ option of s+id MORTCsAGEE. a t~ih .~d co~.r.h a if all of ths said wm~ of nan~y wen aipin~llr atipu4ted
ro 6~ paid on wd~ d+Y. +~Mhi~g in said promiuory ~w» w M this Mortpa~e w ths oontr~?y nwwithstsndirg: u~d th~rwpon or thereafqr at tht optron of
wid MORTGAGEE. without nofia w d~nwrd. wi~ at bwr or ln puiry, tMrefon or tMnafier bpw~, m+Y br Proucvted s ff~11 momys s~ax~d Mr~by
n.d m.tund Piar a i1s inaitutia+. .
7. Thit tn th~ ~wnt thst at tM bsgMr+ing of or +t +er Y~ pend'xg ~oy wit ~po~ this Mortyap~, or io fweclos~ N, or w rsfonn N, o~ to enfora
D+Y~ ~~1? daims herew+d~r. wid MORTGAGEE sMll apply to th~ CarA Mvinp jwisdiction thereof fw the appoMtmM?t of ~ R~crivK. wch Couit shall
fo?tMvith ~ppoiM a receivN of s~id mortys~! propKty all and sirgvl+r. includug all snd :irgvlsr the incwn~ profits, issu~s and r~wnues fran wh~t~ver
wurt~ d~riwd. ~sth a+d tvKy of whith. N b~inp ~xpress~Y~ued~rstood, a l+sreby mwt~ped u if spetifically sN forth and dycrib~d M~ tM ~rantinp and
habx~dum claus~s F~sof, ud wch Recriv~r sh+ll have all tM broad u+d effecriw funetioes and powers in ~nywise emrwt~d by a CwN to ~ Receiwr. snd
~uch appoimnNnt sh~~~ pe maJ~ by wch Co~t ~s ~n admittsd equity ~nd ~ aun~? of ~bsolute ripht to aid MORiGAGEE, and without r~ference to th~
~dequacy w in~d~qo~cy of tM v~fw of th~ prbperty ~nortyped or to the solveecy or pno~~ency of s+id MORTGAGOR or tl+~ d~f~ndar?q, snd th~t wch
rems. Prof'~. inooi^~, issws and nvawes shall b~ appli~d by wd~ R~aiver ataordi+g ro th~ li~n or pvity of said MORTGAGEE and IM pattia of wcA
Co~xt.
d. To duM. wa^P?4? «d fidly pwWn*. dacMr~, ex~cut~, ~ff~ct, oompl~t~. oomply virith ~nd abid~ by «ch wd wKy the atipvlatio~a, +prs«naus.
eorw!'itioia and aov~nrnts in a~id promiswry noh sed this mwt~ap~ wt fwth. ' t
9. ?Mt h th~ ~wnt th~ orvnKSl~ip of th~ mortpap~d pri~naa. a any p~rt tl~ereof, beooma v~sted In a penon othx M~+ the MORTCsAGOR. tM I
MpRTGAGEE, iM wcn~ssws ~nd assipea, m~y, wirhow notia ro the MORTGAOR, deal with suck aioassor w woceswr in ioterest with referN+c~ to this ;
mor~pip~ ~nd tM deb hereby se~w~d in tM s~rne mamK a with 1Nortpspor without in ~ny w~y vitin&g or disch+rpin? the Mwt9+por+' lisbiliryr h~rr
under or upon eh~ deM hereby sen,red. No s+l~ of ~ht premis~s hereby na.t~+~d and no fab~araeiu on tM part of th~ MORTGAGEE or in wa~swn
or a~ipro and no ~xta~sion of the twne for th~ psyment of tM deM hsreby secw~d 9iwn !y? th~ MORTGACEE or in wooeswn or usipes, ahall op~r~»
1o rsltaM. ~rpe. modifY d~rg~ or af(Kt tIN oripin~) (iability of the MORTGAGOR h~reiR ~ithN in wFwi~ or in put.
10. h b ~paafically sprced ~hat tim~ is of th~ esse~ce of this coMran and thit no w~ive~ of arry oblip•fion her~w~der or of tl» oblipatioe tr
cund Mnbr sMll N~ny tine tMrs~fter M htld to be a waivet of ths terms hereof or of the instrume~t s~cwed herby. •
11. In addition ro Me for~oa+g monthly paymenb of princ:ql ~nd intaest ~equ'ued by th~ promistory note secwed hereby, mortyaQor oov~n+nts
~ ~nd a~NS ro p~y to mort~ape~ with e+ch monthlY payment an add~tionsl wen estimated by matya9ee to be ~rsl w 1/12 of the u~nwl cost of tM folbw-
i~p.
A-All rsal property tsxes Iwied or ~ssessed syainst the above de~u~'bed real eshte.
b-Aremiwns on fin snd win~l~torm imurance u Mran requ:red to be carried on tl+e improvanenb situat~ on the above dewibed premises.
C-P~emiuma on s~ch morty+9e y~w+ntY inswsnce as mwty+gee ~h+ll from t~me ro time de~m fit ro uny on th~ loa~ seewed hereby.
Mortyspas shall from time to Ywne notify mortgspo~ ii+ w?itinp of th~ amarnt due and p+yabk hereund~r ~nd wch wm sh+ll tfxrevpon be due ~nd
payabb on th~ due date of th~ i+ext moMhlY payment ~nd ~ach wocesiiw mo~th the~cafter vntil mortysyN thalt notify mortg~yw of s ch~rg~ in wch
~p amowiG. Suth wms shall b~ ~pplied by morty+pee towud the psyrntnt of nal property ttx~s, inswance Prem:wm. +nd !mortpape ~uaru~ty irowsncQ
E P'emhlflM• .
€ IN -WITNE55 WHEREOF, th~ ~aid MORTGAGOR !w here~nto tet Ns h~nd and seal tM day ~nd yw Mt ~forwid.
~ and d~li in tht. pre~e of:
~ , ~ ~
f _ ~
t 0
rs..p
STATE OF FLORIDA ~
St. Lucie
courmr oF ~
Ge or~e T. Cre s se y ,~,d
Ruth D_ CY'e9se~ hb w;ie, ro m~ well knowe ~nd knawn to m~ to b~
tM M~fiividwb d~~aibd b and who ~x~wtd th~ torspoin~ instn~nt, ~nd aclu+owkdped b~fon me thH M~y ~xawt~d the t+rn~ fw tlr pvrpass
~ ~ ,.ia Ruth D . Cre s se~
,~,~ff~ Geor~e T. CY'B S 89~ , upon a sep~rat~ and pr~vat~
~xsmkNtion bp me akM separ~t~ ~nd apat from her s~id hwb+nd. +duwwbdp~d to and befon me that alw ~~a?t~d wid instr~xnem fredy and voluo-
qrily snd without ~pr oanpubia4 constr~iM, appr~ fsar of or from her aW husband. L'
WITNESS my Iwd and offkial ssd tl+~• ~ d~y o( A. D. 19SLL~ j
~ ,
_ . . - . _ _ - - ' ' Noury P k~ ~nd iw tM Stat~ of Fbrlda ~t lar~
My R
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1 t~oan Auoc~aran ~ d+~ Notary PubGt: St~te
~f~, v~«.. .,,..:~?cs,~+:~. 9~i1~? to.uoissaa ~pRes 16~~~ RF~.
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