HomeMy WebLinkAbout0757 . ' ~ / 1 .
?o pl.o. .ea oonti~rou~ly ka~p on H?. buildMq~ now a M.~sR« ~in?N~ on wia l.nd .ea an al~ .qi,ipn?~t a~d p«,onaly co~v~~d e~, tM~ raort~• '
q~, with ~p praniueA tha~on p~id h futl. fin imwana in Mt wval innd~rd poiicy forn~, ~n ~ wn~ ~pprov~d ar tM MORTGAGEE. u+d wind~ton~
Maw~ M t!» wwl W~ndacd policy fonw in ~ awn ~owd by tht MORTGAGEE: R+ wd~ oanP+~f? o~ ovmpaniN th~ MORTGAtiEE m~y
dincq «~d ~II fin and winduorm inw?~na pdkiN on ~ny o( ~a~d bulWinp~, ~r tha~in a prt ttwr~of, tn ~M +pprpaM w~n alanuW a
h~ara ~A~r~wf, ~hsll oonNin tl» +awt qandnd +norp~ ctww a wd~ al~ c1auN a N» MonQ+~ rnap nVuin~, nwtM+O th~ low w~dM s~id pol~
da~, Nd~ Md ~r. p~raW~ b Wd MORTGACsEE ~t in froK~tt nyY M~. aed Nd~ ~+d ~wry wd~ polic~/ ah~U M pron~tly tps~pn~d a~+d dNiwnd a
~!b
s~i~d MORTCIIGEE ~nmw~ tMtrol. wpNlwr with
•~i~qiptd~Wtor tM ~ I~a th~n Nn (109 dars in ~dvana of tM e~pk~ ipn of wch P~k1/. te d~
pl~ad an an~r d s~4~! brlldieq~. ~ny Mt~t NNnin or a~w^ of wth ~~w~lj ~+d tMn sMll b~ no fi~ a windstonn Mww+na
Part tM+~of. w+fMS in tl» fora~'~nd with tt~e ias P+yaW~ a aforaaidj and &r tl~ wNet e~ swn
of ~y b~oo~nN payaW~ ur,dw wci~ polky or polici~s t~id MORTGJIGEE ~MN Mw 1M opti4n w r~iw ~nd appy tlr s~nr on aooown o1 th~ ind~bNd~
nw Mcw~d Aa~bp a W pMmit s~id MORTG/1GORS b naiw ~nd uw H or ~ny parf ~tMnof for othe~ pu~poNS. wi~twv~ N+.r•b~ waivG~p w impair•
~^4 ~^11 ~i~1?. W~n w ripht uhd~r a b~? virlw of thit eatt~ap~t ard in dr twnt ~id AAORTG~AGORS ahall far anp nason i~il b k~ tM said phmi~ w
asw~d, a f~tl b ddiwr V?omWN a~? of uid polieia oE ~ fo wid N10RTGAGEE. a fail P~~+P~h? ~ WY ~M +~w P~ th~fa w In ~eryr
rMpat fNl b P~b ~~4~. ~~e~. ~ff~d. oanplM~o, eae~plY vriti~ and al~iel~ by tl~is aoweant. or ae~y pa~ Mnof. wid MORTGAGfE m+y plaa ind
pap (a w~d~ kwrqno~ a any part tMr~of wi~bout waWino or ~ft~ctt^Y ~rMl ~ INn. ~quib. ot riph~ w~dv w by v'.~tw of this Morp~pq ~nd tM
full ~nwwa of Nch ~nd w~y wd~ payeNnt aMU b~ ~Nly dv~ w~d prabN am! sl»II bw ~ f~an tlw daq 1hMrof untU paid M th~ r~N oi
nin~ p~r aetwn pK swwMn and top~tMr with wd~ intKpt tha11 be s~cv+w! by dN Wn of tNs Inortp~p~.
1. To p~rmiy oonrNt a wffa no wwM~ la~p~a a d~»riaation of said prop~et~r o~ any p~f tl~rwf.
S. to pay ~11 M+d ~kipula? th~.oos~. eiwrpp and ~:P~, ineludirp a nsson~bl~ ~ttae~y's fN ~nd aoan oe abnaeM of titN. inewnd w p~id ~t
+ny tinw b~r wid MOItTGJ1GEE, b~swN a~ 1!~ w~nt d th~ failun on th~ put d tM s~id MORTGAGOR a dul~?. M~WN ~h? P~~n. d~~t
•xecuh, etf~ ao~aplet~ oanplY with and abwl~ bp wd+ and wen? th~ stlPul+Haw pnan+~ny. Qonditioro. ~nd aown~nb d uid paniswry no1~ +nd thi~
mand, ~~n~pt to ooIIM~ a wit ~and~tM tutt~ ~h ~'~11 be Mmad'atelp dw ~nd piy+bbs wMtha a no1 tMn b~ ~wNei d~
rate of nin~ ~ ~1~ wcA psym~nf ~!N!1 be~? intenst hae? the daH M»rrof until pNd N tht
pK antum pu a~uwrns and a11 siW a6aM. ciwrqa ~nd inairnd a p~W. wp~tha wi~h wd~ imaw. ~MII b~ wa+nd by tlw li«? a Nw j
~p~
A 1Mt W in the ewnt of ~n~r bhach of tNs Mapap~ a d~fwh on Mr pat of tM AAORTGAGOR. or (b) in th~ ~wM ~ny of safd a~ns of mon~y
h~r~in nhrnd to b~ na prompthr and iuly paid within thirtY (30) dw+ n~xt ah~r ?M wn~ wver~li~r b~oome dw aid P+Y~blp w~Naut d~nd w notio~
~ id in ~M wN1t wd~ and ~wry the attputa~ioea.~ a~n~n~a~, aonditions ard aawmnb oE s~id pranhsory note and tha nartpqt any or ~iHwr +n nw
~uly. proinpt~Y ~nd fv1~Y W?fae~d. d~cl~arped. ~xewt~d, eflid~d. car;pkt~d compli~d with and abded by, th~n in ~itl~ or any wch twM tM faid
p'
Drg~M wm m~nti«Nel in s+id promi~ory nolt tlkn r~h~inp w,p~W, with iM~nst ~euwd and all ma~ri s~a~nd h~nb'fi. ~h~?11 b~oorn~ dw and W~r
~bl~ forMavitl~, a tlwrwfta. at th~ option of said NWRTCsAGFE, as full~ aed eanpkaly as if-~II of tM ~a1d uxn~ oi nai~y vw?~ aiplnally atipvla»d
ro b~ paid on wd~ day. urythinp M said pomissary noh or in thia Mortppe ro th~ contrary notvrithst~ndinp: and th~upon a thenahK at tM option of
•+id MORTGIICEE, withoul notio~ w d~m~rK1, wit M la~v or in puity, tMrata~ a tMnafter bpun, m~r 6~ prowcvnd a if all morwys s~cw~d Iwnby
h.d nwhx~d p?ior a i~s ins~inn;on.
7. That in N» ~wnt th~t at th~ bqiMieg of or at +nY time A~ +41? sv~ upon thi?-Mort9+ye, a to far~clw~ it, w ta nform N, a to a+forca
P+Y~m ~+~Y tlaims Mrr.Mxle` s~id MORTG/1GEE slwll ~ppfy to tl» Coun I+~vinp jurisd~etion thtreof fw tM appomte~re~l of ~ RsoaivN, wch Court shill
fortliwith ~ppoint ~ r~esivK af aaid inwtpsyed propeety a!) Md sinQula?, indudu~p ol and sirgul~r tl+~ incany profin. hsun and nwnws from wh~tawK
w~?ra d~riwd, wcl~ and every of whicl~, h Minp ~~~ss1Y undus~ood. is hsrebl? mort0~ped a if ~p~cifiutly sN forth aed duvib~d in th~ 9rantirp and
haband~~ cl+~aN Iwwf, aid wd~ R~aiwr ~MII Mve ~II tM b?oad ~rd efF.ctivs functiau u~d povren in ~nywis~ antrwqd by a Covti b a R~c~tw~, and
:ud+ ~ppo~ she11 be m.d~ bp wd~ Coun u an adn+ined equ~ry and ~ man~. of absoluN ripiu b wid MORLGNCaEE, ~nd witlaut t~ferorct b th~
~quacy a insd~qu~cy of tM valw of the prbpKtp nwrppsd w fo tir soheecy a irnolveocy of said MARTG/IGQR or fM defendanls„ and tMt wd+
rcnts, Profin. Y~oomt. &svei and trwrwes ~l~I! be ~ppliwd bp suth Rec~lver aaordirg to the lien or puity of sald MORTW?GEE_~r~d tM prattio~ of wth
CouA. .
To d~dy. P~Pth~ ~h? P~~. ~x~cuM. eHM. oon+plete. oomply wi~h ~nd aWd~ by wd~ and ~v~ry th~ sNPubtio% spraKmey.
coadtio~a ~nd cownu~ts in said promissorr note and thi~ rno~tQape s~t fo~th. -
9 71ut in tM ~vent th~ orvnership of th~ monQ+Q~d Arema~s. o? ahr P+rt tl~eof, baoomes wst~d In • puson atlrr ths~? th~ MORTGAGOR, th~
MORTGAGEE. Ns a+cussas snd aui~ns, m~y, withou~ notio~ to tht MORTGAOR, dtal with weh wonsso~ a suaoeswr in interpt with nfa?~nce to Mis
morq~ and the dsb~ hersby seax~d tn the sams manner a with Mortya~or witho~ in any way vitia)1np w disclwptnp tlit AAortQ+pas' li~bi~iry h~rr
undK a upon tha debt hereby sacwed. No ssl~ of tM premises hcreby mortp+~ed u+d no forbwrance a? th~ part of th~ MORTGAGEE or in wooessas
or ~sstpro ~nd no exter~s~on of the time for the p~yment of the aebl hsreby sscwed piwn by tl» MORTG/IGEf or its aiao~ssoa or ~si~ro, shNl operar~
?e nlep~ ~ud~up~, modi~y cfi~np~ w aff~ct tM o?ginal liability of t!r MORTGAGOR her~i~, ~itha in whoM a h pan.
10. h is speaficsly aprNd that tien~ i~ of ths esx~c~ of thb eoenr~ee snd th~t oo waiwr of any oblipatan hu~w~der or o{ th~ oi~lipaYan a.
a:nd h~nby sMll at any tirne thersah~r ~ Mtd 1o b~ ~ wsirer of tM »~ma I~eof w of th~ instrumem a~cwed I~by.
11. In add~tion to the for~poa~9 ma+tEdY WY~b of pru?c:p~t and inte~est required by the promissory note seaired herebY, mwtQ+gor cov~enartn
• +r+d +p?e~s to par to nwrt9syee with e~ch monrhty p~Yrnem ~n addirionsl sum esfimated by mortyapee to b~ pwl eo 1/12 of the amusl cost of the fotbw-
A-All real prope.ty bx~s Iwied or a:sessed s~simt the above d~scribed real ~stat~. .
6-Pnmivrm o~ fire and wi~dstorm inswar?oe a~ herein reqvKed to be carriad on tM impror~ts situa» on ths +bwe dcxribed pnmaes. ~ '
C-Premiums on s~ed~ ^+as~+D~ ~uuusnb imwanoe as mor~gape~ sh~ll fiom Ym+e to time d~wn fit M cmjr oo M~e loae secwed hereby. `
MoNy+pet slull from tim~ to tune notify nwrtgsgor in vvritiny of th~ arnwint due and psy~ wnd~r ~nd such wm shall ther i
~vPon be dw and ~
wY~bb on tM dw date of the next monMiY WY~~ ~nd ~sch wooessiv~ mooth thareahsr until shsU +wti(r mwtysyo~ of a cF~an~ 1n wch
ama~+t. Sud~ wms shall b~ spplied by mo~syee towud tM payment of real properly tsxes, anos Pr~ny, and marty~p~ ~u+r+~pY inwru~o~
PremiunM. ~
rN wrrl~ss wHER~F, tM ,.fd n~oRrcA~OR h..eu~a hi. h.na «~a fF,. a.y firs, afa.e..i~.
In 11~ p~s~+u oh
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STATE OF FLORIDA ~ ~
Saint Lucie ~
courrrr oF
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e.lw. m. p~noe.llp,pp.,,.d - Pa 7 T. Mur~3C~--g--~~S~~m..~`- ~
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th. indivtd~r~ dwu~.d tn and who exsun.d th. forepoirg insnumw~f, and ~ckrawladped bef«.7l~lfd~s
t to m. well knovm •nd known ro m~ so b.
. ~1Kex~M~d the sanr fo? tM qr?pos~~
ti»r~in ~cpnsbd. /1n~lhre•~~
wi~JQlCOfiC~
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MIITNE55 m1? Iw~d ~nd offieial s~+l e1~sa 1 S~'.~.. ~y ~ /l. O. 19~
. Notary in ~nd fw th~ St~N of fiorida ~f l~rpt
RMUrn Ta My
ws~ F.d..a~ s.rt~s t ~~rpn ' - Not+h?.Pub6c. State o~ Horida at larqb
`7~~~?'•' ~ F~• ,~~~~~:tilli~if,.s,
T. ~G0
M~ ~ IEp ,c{ t~ 3J~
~~~~'Y . i~Ay w~d~ission SExp~tes ~r6,~1971
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