HomeMy WebLinkAbout1834 ` • T.~~..~ . +.'r
.1. TO {1~K~ N1d tOflflfKlOUfM kNp 011 1~1f bUl~if10{ 110W Ot ~N~f f1hH1~ Of1 N~ (Nld N1d OII ~i~ lqY~p11N11f ~f1d ~flO~N C01Nf~ ~ 1~ ~a'
p~, with all praniwA tl~~on p+id in iull, f'u~ Gawana in tFr wwl st~ndard P~k11 fe~en, a t~wn approwd b1l tM MORTGAGEE. and winek~win
Yaurana b th~ ww1 atandud po1kY fan~, in a swe ap~vowd M/ ~M MORT~iAGEE. in wch con+PanY a oa^P+^~ a tM MORTGA(3EE ~n+y
dir.a~ and •II fin and w~kwrm in:wana pdki.. on ~+y of •aid bvild~, .nr ~n.n~~ ~M..in or p~n ~h.rwf, h tl+. .pprp.a Kwn aforaaid w
In ~xcas N~aNf, ~h+tl aonuin tM wu+i sfandard mo~ny+~ dws~ a wch otMr dw~i a t!N Matpa~ ~e~aY nquin. m~?in0 th~ loas unda ~aid po1E
ciw ~+d~ and wuy. Wrab1. a said MORTGI?GEE a in inu..sr may appN4 Md .~d~ N+d w.ry wd~ polky shail b~ praopNY as:~n~d and d.liv.r~d w
aMr MW b~? wid IYrOR1GI?GEE a twth~r Nai?ity ro s~id mortp+~ d~W. and. nw less tMn t~n lt~ d+y~ tn advana oi tM ~uptr~tion of Nch po~kY. to dr
Uvw to ~sid MORTGAGEE • r~w~l ~~of. 1o~tlw with a r~uipt iw tM pr~rt~iwn of wd~ rv~waij and tlwti ~h+il b~ no fin a winebtwn+ imwana
pl~pd on ~ny of wid Fwildinps, ~ny intKat Mu~in a put tlw~wf, unl~ In ~M fo.m'and with tM loss p~y~bb a atonsaid~ ~nd In tla ~wnt ~w, wn? 1
of n~on~Y b~oonws PiY+bM w+dK wch polky a polici~ aid MORTGAGEE ah+H Mw th~ option b nuiw and spplr tM wn~ on aooount o1 tM M+d~bt~ i
Mp saw~d 1w~py p Io pKmit s~id MORTGAGORS b reuiw and wt if or ~~y part thenof fw other purpo~t~, without 1Mreb~ w+ivinp w imp~ir-
~0 +~+Y ~b. li~n a ripht ued~~ a b~r v4tw of this matpapit and in tM ~vMt s~id MORTGAGORS shall fa any nason f~il ~o k~ep th~ aid pnmisN so ;
Yuw.a. o. faU a d«iwr p~amwN •m? of s.w polici., af inswsna to uid MORTw?GEE, o. af~ prompty w o•r fi+~~Y «~r P~«^~^ ~+~••fo. a!n an~r `
u
t~p~c~ fs!1 w pufoc~ ~:~cvt~. ~ff~ct. oon~pbt~. oornplY with and ~bid~ by t!~ covN++nt, or any p~rt Mr~of, ~sW MORTGAGEE m+y plac~ ~nd j
WY for wth Mrurann or a~y put tMrwf wilAout walvinp or ~ffKfMO oWioq, lia~,, puitl?. ot ripht wd~ a by viriw of this Map+p~. ~nd tM ~
fuil amount of e~ch aed ~wry wch MYm~t ~h+~i b~ inrmdi~t~ly dw +~d py~ and ~hall bNr M?tK~st from tM dah tMrwf u++tU paid M th~ rab ol
nin~ pK pntwn p~r anewm ~nd topNher with wd~ intenst sh~ll b~ s~ew~d by tM lia~of this Inaqs~~.
1. To p~rmi4 oarynit a wffw no wate. ~p+k~ a d~t~?iaatioe of s~td propKry w any pwt tlwwf.
S. To pay all and sinpular th~.oosts. cF~wpa +nd ~xPMSh. t~dudMp ~?~+wn+bh anw^hv'• i.. ,nd awn of absn.cn of Htle. ~~d a p~id at
any tien~ by wid MORTGAGEE, baeaus~ or in tM ~wnt of tM failun on th~ pwt of tM uid MORTGACrOR w duly, praepNy and fvlh P~?fonn. disehar9R
~x~cv~~. ~ffatt. oomPl~t~ aomplY with and abid~ by ~ad~ and ~veey th~ sti~tio~, ~prsam~nn. eoeKlitiom. u+d aov~ntt of aid prani:sory nae and rhi~
~9+~ +~Y a~ifhM. and ~aid ooab. dwrpes +nd ~xp~s. ~ach and ~vay, sh+ll b~ imnwdi~tsly dw ~nd p~y+W~s whetMr a ao~ tMn b~ eotioi dr ~
mx,d, ~»~enpt ro aolbct a wit p~ncGnpj and tM tull a~nount of exh u~d ~w?Y wch p+r~wnt sh+ll b~a. intenst fran tM d~t~ tFw~eof unHl p~id ~t the
rafe of nin~ per oentwn pa ~nwrnt +~d sll uid absn. chupea and ~xpxws i~cwnd a Wid. topetha with wch intuqt. ~hall b~ s~ewed by ih~ li~n of thit ~
a~orp~. ~
b. T1+~t (a1 in tM ~wnt of amr b.~ach of Mis Mort~+p~ or d~fauh on Nr psrt of tM MORTGAGOR, or lb) in the w~nt a~ry? of said sums of moMy
h.ntn r.f.R.d a b. na pro~rti and fu~y Pa~d w~tn~, sh~rry f~o) d.ya ~.x~ .fro. ~h...m. seraaty b.can. du~ and P.r~W.. wlthov~ dan~nd or notic~.
or (d in th~ ewnt ~h uid ~wry tM stipulatforo. +~r~enen~s. cond'tions and oav~mntt of ss~d pranisaory not~ ad tlws mapape +iW a ~it1+K u~ no1
iuty. prompty ~rd fuly p~rfornwd, dtscharped, ~xewqd, ~ffict~d, oompktsd, compl~sd with a~d sbided by. then in eithe~ w any wd~ wMt tM sa':d ~
prq~N swn n»ntiorNd in said ptomisw~y nW~ 1~ nmainie?p unP+id, with intenst aatued. ~rd ~II nwneys ~ecw~d Mnb1?. sh~ll bstomt du~ and P+Y'
~bb forthwitl~, w thae~her, at tM option of ~aid MORTGAGEE, as fvly aed canpl~~~hr u if sll of the said swna of maKy wen aipin~lly stipulated
b p~ p~;d an sud~ daY. any~htnp to s~;d promiswry•nob or in ttds Mort9+~e ro the contruy notwirhstu+dinp; ~nd tMr~~on a thereafta at th~ option of
s~id MORTGAGEE, without notin or dunaed. wi~ at 1~r or in ~qvity, th~nfon or tMreafier bpwi, m~y be prosecw~d a ff all montys s~wnd l~eby
Ilsd rtNlund prio? b ib inslituti0fl.
7. TMf in tM went that st tM beyiMU+p of o? ~t sny ti.n~ p~ed'rg aoy wit_~rpon Nds Maf~e, w to foredok h, a to rofonn it, w fo eniap ~
paymsnt d uiy dimu hKe~rnde~, tsid MORTGAGEE shall apply to the Court havug j~risdinion thereof fw the ~ppantm~nt of a Receiver. wch Couif sh~ll
fortliwith ~pwint a receiver of said mortyaped prope~ty +11 sad sirgvlar. includug all and singular tl+~ inc~, profin. ~»s and ~~venws from whaNver
wu.e~ dKived. Nch and every of whid~, it beag ~xpressly vnderstood, a lwsby mortgsged u if sp~cific~ly sN forth and described in tl~t ~~e?tirg and
1rb~~~n da~sa h~rwf, a+d such Rac~iva sh~ll haw all tF~ brosd and effective functian and powers in anywis~ entrutted by a Co~rt to a Receiwr. and
wch appoinhnent th+ll be mad~ by wcb Court +s ~n ~dmined eq~ity u~d ~ mitter of absolute r'ght ro s~id MORTGAGEE, and without nf~renu to the
~~cy a in~d~qu~cy of tM vatw of tM PrbpertY mat~+~ed or to the solv~ncY a inw~vencY of saW MORTGAGOR or tM defend+~ts, snd that wch
r~ms. Profi~s, inoonw, issues and rewnu~s sh~ll b~ +ppli~d bp wd~ Recehrer ~ccordiig to the lien o~ pvity of aid INORTGAGEE and th~ practia of wch
Covrt. ~ .
8. To dvly, prampty ~nd fu1~Y P~?fwm. dadury~, execut~. ~H~ct, eomplete, oar:ply with and ~bid~ by ~ach and ~wry th~ stipulatia~s. +Dreamw?ta.
oond'd'ant ~nd coven~nts in said p?omissory noh snd thit mort9~e set forth
9. Th~t M thr weat the ovvnership of the morty~ed pramaes, a ~ny put tFrcreof, beoomes vested in • pe~wn otMr N+~n the MORTGAGOR, tl+~
1NORTGAGEE, in sucauo.s snd asi~pra, may, wi~lww noriu w rM MORTGAOR, desl wi~h such waeuw or waeuor in i~taest with nference to thia
nw~lp~pt ud tM debt haeby sacvred in fh~ sarM mannsr ~s with Mortgaya witlwW in ~ny war vitiatirg or d'athupirg the Matpapors' (i~biliry Iftr~
udsr or upon tM debt he~eby secvred. No ssk of the pren+isea hercby mo.t~sy~d and no forbeuance on tht put of th~ MORTGAGEE w in wcuuon
or assigns and no extension of the time for the p~yment of N+~ debt haeby ucwed piven by the MORTGAGEE or ih wcassors a auiprn, aMll opara~~
ep rskaN dnd~upt, modify cMrg~ a affect the original li~bility of tM M~ORTGAGOR h~rem, eitlwr in wlwb or b put.
10. It b specifically agreed that tim~ b of ths euance of thu contwct ~nd that no wsiva of any obtigation Iwnvnde~ w of tM obli~stion s~-
tw~d hueby ~MII ~t any time there+fia b~ held tp be a waivK of the tams henof or of th~ instrument secured herby. . ~ ~
11. In addition to the farego:ng monthly payments of princ:p~l and intere~t _required by the promissory ~ote tecvred hereby, mortpspor coven+nb
. and apress ro pay to mort9agee with esd? monthlY payment sn add~rion~l swn estimated by matyayee to be eqwl w 1/12 of the annwl cost of the folbw-
' A-All real property t~:a kvied or assessed agair?st the abqve described real estate. .
d-Promiumi on fire and wa+dstorm inswsnce ss here+n requ~red to be ca~ried on the improvements snwte on the abare~described prem~ses. ~
C-Premiwns on wch mwt4age 9wrsnty insurance +s mortgagee s1+sll from time ro time deem fit to carry on tfie ban secured hereby.
Morpagee shall from time to time notify mortgagor in writirg of the smount due and payabk here~~der and such wm shall theravpon be dw and
' psysbb on tlK due date of the next moe?thlY payment and exh wccessiw mw+th thereafte. u~til mwtyapee shall notify mortgsgor of s chuge in wd~ i
amo~x~f. Such wms shsll be spplied bp mwfgsyee toward the pay~+e~+t of resl proptrty t~:es, insvranu prem:ums, and matgspe yuar~nfy insvranc~ ~
ptlmi~Mn~, I
IN V4fITNE55 WFIEREOF, tha s+id IM~RTGAGOR.has herevntp set his Innd ~nd ~eal tM day and ye+? t aforetaid. ;
Swled dd' in tM aeno~ of:
i
~
~ y
n--n ~
ce..n
STATE OF FLORIDA ~ .
St. Lucie
courar oF .
l~fa„ P.~„n,~h a~d John L. Martin .,,d
Hilda H. rtin his wife, w~~i ~.~a ~ w~ w b.
the ir~vidwb d~str~d in ud who ~xecuted ths faeyoinp &utrumam, ar?d ~ekravrledyed before me thst M~sy ~x~cuted th~ san+s for th~ purposes
~,,,,y~ ~ ,,;a Hi lda H. Martin
John L? Martin , „por, , ,eR,,,,e a,nd pr;v.s.
uamination bp rm tskan separsa and apa.t from her sa~id 1~?aband, acknowladped w~nd b~fon m~ that sl+t exewted wid irotrwr~ent fraely and volwr
tariFy and withovt ~ryr oompulsiat, tonstraint, apprehein' ~ry~w ftar of w from Mr said Fwsba++d. .
~N~ ~ ~ ~ ~ 9 ~y ~ October A. D. 19J_
~ ~ / 09' .~1~~
Notary Public in a+d for the Stat~ of Florids at lup~
My Canrnission ~apir~s:
Renxn ~a
First F~al Saviigs i losn Auoci+Ywn ' NOi~ry Pu~K. S~! ~~Ofldi ~~M~1! .
ot ~«e P~e.~.. tJlr Commission E~es Ns1!••3,.19b9
D~~ ~`~g'IspEQ i~Ma a w..6c. F...a Gp.:: fa~,,,~' _
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F~LE ~OUN7Y. fLA• `"t " ~
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