HomeMy WebLinkAbout1257 ~1~~ 1~~:;~`3
To pl.o. and oa?rwKwwy k.p oe M. buiWWq. ~bw f? h.r.ah« ~i+wwon ..id ~.nd «+d a+ .n .qutpnw~t «+d p~rsautM ca?«rd b~? ~A4 warp•
p~, wi~h ~b pr~A ~Mnon p~W in fu16 fin kaurana in tl~ wwl u~rdwd Po1kY fwni, !n e wen ~pprowd bq tM MORiGJ?GEE. ~nd wind~~an~
tn~w~na b t!y wv+l saod.nl policy torni, h• wm apprw~d by ~M MORiGAtiEE; in wd~ eaep.ny a c+a~panh~ a~ N+~ MORT(~U3EE ~Y
dlrretJ ~nd all fh ~nd wind~toaa lrauana pQliei~s on any of wid buildMp~, ~+y Inbn~t tl~In ot parl 1lwwi. M elw p~pd~ ~wn ~fot~W w
tn ~xoa~ ~Mnef. sMll oonrain rhi wwl s~n+da?d mort~+~ w...~ a wd~ ah.r dan~ a N» Ma~p+~ n~yr nqvin. nwktro ?h~ bas w~dn s+id polb
clN. ..d~ M+d w«y. wr•bb a aald MORTCiI?GEE a in inar.p mar +PPM4 and ~ad~ and wM? wd~ Polk~? sMH M pranp~iyr ~t;pn~d and ddlv.nd to
a+y Mld by saW MOrttGI?GEE a furtlw ~airN1? to wid morp+~ debt. and, rw lat than t~n (10! d~r In advana of Ny ~pkatian d Mch policy. ~o de
liw 1o uid MORTGAGEE a nrkwal tlwnof. top~~ with • nuipt fa tM p~nw~ of a+d~ renrwab ~+d tlwn ~MII b~ ea fw a wiaNwrw~ Maur~na
pl+ad on Mry of t~id bvlWlnp~. aay Mt«Nt thurin a prt tMrwi. untas in tM fonn'N+d wnh tM ba pi~abN a da+wfd~ and h tM rraa «~y wn?
of aioewy b~oo~r~ws piyabN unelK wd~ poNey a poliei~ wk! MORTW1~iEE slwN Iwv~ ~M qNian w naiw ~nd apply NN s~n~ on aooourq o~ tM i~~b?~d•
naa Maw~d Iw~ or W pKmH ~id MORTG/1GORS w noeh?~ ~nd ta~ M a~~ p~rt tf~~of for otha pwpos~s, wi~hout tMreb~ waFvinp o? impain
Mo ~~1? qvib. li~n a ~ipf?t w~ a~ bfr vinw of ~hN na~t0ap~v and In HN w~nt wtd MORTGAGORS shdl for aMr hawn f~il to kNp th~ aid pnmisM w
kuw~d, w f~il 1o deUvw prompNy any of satd poliWs o~ imw~na b wtd MORTGAGEE. a fsil promptlr b p~y fu1N ~nY pn.:.i:an 1Mnfa a tn ~
n~p~d f~il w P~foc~, di~d~ ~x~a+M, ~HM. ooR+P~M~? ~1I w1t1~ ~nd a6id~ b1? NJt aovwwnt. a uW P+rt h~nof, wid MORTGI?GEE nNy pl~a ~nd
P+Y fa w~d~ L~pn~no? a ~ny p~et 1hK~oi wMhout walvMp a afhe?MO +ny eMieR ~Mn. pui~Y. or ~ipht w~ a by vMtw of tl~ls Morpp~, and tM
full «nount of Nch ~nd wwy wd~ p~rn~N tMN b~ M~NIy ~w and p~yabN ~nd sMll bw fntaW fran th~ d~N thend uNN paid al th~ raN ol
nin~ pw amum pa wxMn and wpethtr wNh wd~ lntN~st thNf M~cw~d by 11~ IMn of N~4 morl~ap~.
To prmty aornmh a wfhr no wat~, I+~p~irm~ro or d~Nrio?ation d said {aopKt~? a~r p~rt dwnof.
V. To pay dl and s6~puta th~ ~owt~, vw~s +nd axP~+w~, indvd~np a na~awbl~ ~na~s fe~ ~nd a~sn ot ~btracb of tit~e. kKUmd a p~Id N
«~Y. Nmt b~r said MORTGAGEE. b.uuN a in N» .wm d tM failvn on Mr p+rt d tM ~aid A~60RTGAGOR a eluly. promp~l~r and fuUy p.rfa~n. d'aeNr~
~xsarN; ~ff~ oompkte. aonM+lY wNh and ~bid~ by wch and ~y tht itipulatiom. +pn~nwnb. condi~io~r. ~nd aewnN+t~ of s~id pron?issay eoN and tki~
mo?q~p~ +eY or ~itMr. and wid oost~. ehwp~s +ed axp~ws, ~ad+ M+d ~wer. th~U b~ i~e~d'wt~l~r dw and p~ysbb= wMtMr a no~ tMn b~ notioi dr
m+~eb ii1~^nPt to eo1Nd ar wtt p~nd&ip~ ~nd ~M full amomW oi Neh and w+ry wdi P+Y~ slrll bar ii+t~nst han tM dats tM~wf until p~id at tM
raN ~ nin~ pK antum p~r ~w+wnj ~nd aN ~sid obsts. cha~a and exp~ma inc~wnd a paid, topNM? with wth MN~nW ~hrll bf s~aK~d by tM Iw~ of thi1,
0. Th~t (a~ tn 1M wMt of any brsah of thi~ Morqap~ o? defwh m th pwt of tFK MORTGAGOR, or (b) h tM weM aM? of wid wea of nwn~y
~+.r~an nt.md a b. nw pro~r~y «+d ~y ~~~t,~ ~.~y C~ d+r+ ~+.x~ •h.. ..rs.~iti b.co~+~. d~,. .~d ar+a~ wnhow dM++.nd a naio.. ~
w W tn tl+~ w~M ~+ch and ~wrr t!~ aipubtioir„ p~~t~. aonditions ~nd aov«w+ts of a~d p.omi~ao~y noh u~d M's mwqpr any a~i~l+a an no~
iuly. OronptN and tvNY P~~+»d. di~dwped, ~x~wt~d. ~fHct~d, eomp~t~d. canplid with aid abided by. t1~ in ~itM? a ~ny wd~ rwnt th~ wid ~g
prq~t~ wm maaiard In said promis~ay nob th~n ran~ini~p w~p~id, with interat ~ocrwd„ ~nd all awrry~ a~cw~d h~reby. dMll Mcwn~ dw and par ~
abt~ fonhwith, a tMr~sNa. at th~ option oi said MORtGAGEF, a f~th a~d oo~t.ah ,s ff ~ll of tM aid w~m of nwe~y wen oripin+~h stipu4ted
ro b~ paid on wd? day. +e1?~hinp h s~~d promiaary ~te or in thb Ma~p~ w tM oontr~ry na~wirhnw?dirgs ~nd tMrK~on a tlwe+fta at ~M oWan of ~
Nid M~RTCsACaE~ Wif~fO~A fWtitf 6? i~IMlld. Wif M(iM Of i11 lqY1TY~ tFIK~fOf~ Of t~MfNhM ~tNy 11Ny bf ptOfKY1N~ ~ Ff 1~1 IIIO~f~y! !/L11f~0 ~M!!by
~IN~ 111i1VfM~ pI101 ~O 11i ~I!{tl1V11011.
7. ihat in th. w.~t N~af d t1+. b.QHw~inp of w st .ny tan. p.ndkg wy wit ~pon N,is Mwty.p. « fo far.doa k, w to nform h. or w.ni«n ~
P+Y~ of ~ny d~ims Iwe~ndar, s~kl MORTGAGEE sMll applr ro the Co~h Mv~p jwisdiaan therwt fw rM appantmMt of ~ Rtcsiwr. such Covit sl+sl) _
FortliwritA appoint a' rsceivw of ~aid mortp~y~d p?op~rty dl ~nd sLgytn, indudMy all and siepular th~ inoom~ profib. iswes ~nd nwews from wh+twK C
tourp d~rived. ~ath and ~vsry of whith, H b~inp expt~asly w~tstood, is hpeby n~orlq~ed q if specifiuly tst forth ~nd dewibd in Nr ~ranti~g and ~
Mbwwlum davws Mrwf, +nd wd~ Rso~iv~r sh~ll h~w ~11 rM broad and ~ffect+w fwKtioas ~nd powers in ~nywae antrusted by ~ Cowt 1o a Reaivsr, and !
wch appointanM aMll b~ m~dt by svch Cawf a an adnwtt~d eq~rity and a emtt~r of ~bsolute rgM to u1d 1NORTGAGEE. and without reten~oe b th~ ~
adequ+cy or inad~qu~cy of tM vsHn of th~ P~bpNb mort~+~d or to t1~ whency w insolvency oi said MORTGAGOit ar t!K dcf~ndanti„ and th~t wcb
r.ntt„ P+'ofits. Mcorne. ~asues snd rw~nu~s sMll b~ appliad by such Raaiver aocord'wp a tM 1'Nn or pvity of s~id MORTGAGEE ~nd th~ praaia of wch
Court.
e. To au~y. v~wM? «+a ~h ~«ro~ ~d~?~., ex.am, ~fs.a. oo~.M. oomplY with aod ~bid~ by ach ~nd w~ry iM st~vlaNo~a, prNnNna, -
ca+d'itions ~+d oovenann :n aaid promFssay not. and rhia monQs~e ~et forth.
9 7bN in th~ ~vent th~ ownership d th~ mat9spad Pren+ae~. w any pa~t thereof, baaoews v~stsd tn • perwn otMr than the MORTGI?GOR. th~
MORTGJWEE, hs wcoesson ~nd asstpns, nwy, withou~ notiu ro the MORTGAOR, de~l with wd+ wcuswr w s~xcessor in iroerat with nfer~ a this
matqap~ uwi tM d~bt henby seax~sd in tM same maer?K a with Mortppa withoul In ~ny way vitiatirg or dach~rpinp th~ Mon~apas' li~bility hs?~
undK or upon Nw debt htr~by secwed. No wl~ of the P?emises hertbll morty+y~d and no forMaana on th~ prn of th~ 1NORTGAGEE or ita woassors
or ~uipro and no eateeaion of the tiroe for tl» p~yment of th~ deW Mr~by secwed piwn bp th~ JMORiGA('sEE or ita woo~s~ors a asi
w wlN~, dadw0~. modifY dwrg~ a affect th~ wipind I~sbiliry of tM MORTCACsOR Mniq. eitMr h wlwl~ ar ln p~rt. ~'+II opsrah
10. h is specificslly apn~d th~t tin~ is of th~ esknc~ of this caaract and tMt no w~iva of any oblipation Mrsunder or of th~ oblip~tioe s~-
cund Irnby shsll at any tim~ tl~saft~r be lnld to•be a waiver of th~ tama inr~of w oi th~ irntnMne~ secwd haby
i 1. In addiYan to the for~go:n~ monthiy psyments of princ:p~l and interest requi~ed by the promisiwy ~o?e secwed hsreby, morty~go~ oown~nts
~ ind s~re~s w p~Y to nwrt~~yee with ead~ man~hly paymant an add~rionsl sum est~mated by maty~ps~ to b~ eo,ual to 1/12 of the armwl cost of the folbw- {
kg: i
A-All real prope~ty taxes levied ar ss~assed apsinst the abave described r~at estaM.
6-Prwniums on fir~ aod wirwJstorm irawance a~ here;n req~r:rad to be carried on tM improwm~nb sitwt~ o~ tl+e sbove deacri6sd p~nises.
G-Prem~ens on s4ch mon~~ys yuuanty inwranoe as n+wtysge~ sha{I fran tNne ro time de«++ fil ro urry on the loan secvred her~by.
lNortyaps~ sha0 from rime to time notifY ~9+90? in writu+~ of ths unovnf dw ~nd payabl~ her~w+dtr and wd~ wm shall there~poo 6~ dw u+d
P+Y+ble on tM due dsh of tl+~ ne:t monthly payment and tach wueatiw month ther~aher until mortpape~ ~all eotify mortg~qw of a chsnpe in wd~ ~
amo~unt. Such swns shall b~ applied by mortys~ae towsrd the p~ym~nt of nal peope~ty tax~s. iowrsnoe premwms, and mortyspe ~uaranry inw?+na
Pnmiwn~.
tN WIT:tESS WHEREOP. the aid MORTGAC~It 1us hereuoto a~t h3s lwnd ~nd st~l the day ~nd yeu ftrst afor id.
~r-ii~f~d,~~ an~ deliwr f r~ oh ~ '
i y ji
~
~
A !?nl
, . -n
STAtE OF FWRIDA ~
St. Lucie
courm oF
~,Mp,,,o,,,~~Y,~„~ Timothy L. Center, Sr. ~
Betty Jean Center ~~~,~~~~~~~b~~~
tM individ~wb daaribad in and who ~xaarbd ths forepowg instrunwnt. ~nd ~d~nowledped b~fon me that tMy ~x~cuted th~ sanw fw the pvrpwa
~t»..t~ .xp~p~d. And d,.••:a_ . Betty Jesn GetZter
,,,,N, o~ M,. „~a TimothV L Center, Sr '
iiPp+ + s~W~aN and privas~
. ~xsmLNtio~ br nN Nk~n s~p~nN ~od aprt from Mr sazd Mnb~ aduwwbdp~d w and bdon me th~t sM ~xcaA~d wid irntrvm~nt frsdy ar?d volwF
q~fy ~ rwd witla~ Mq? oompulsioiy oomtraint, aPPnMmior4 9r~of or from 1~ said Ew~bnd.
vrnl~ss n~? .~d offk~t S e temb e r c. ~9 6?
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~ g"' Notary P~blk in ~nd fa the5~y~r Norida d L~rp~
i< Ta ~ Ri A. Mr Cannwuon s~Pva-
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R` . M~+~f~ Stah ~1 ~larida d Lsrqe
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