HomeMy WebLinkAbout2002 • ~ ~ ' T ~ . Y ~ , v 3 .
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To pl+a u?d aontYwouslY tu~P on ~M'buitdinp~ now a?ia~aha ~twh on ~+W tand ~nd on ~U putpn~+t ~nd pKwn~lir cownd b~l ~~~P
p~,, with ~I) pn+n~iun~ th~non paid in fvi4 fin iiav~~nc~ in tht wu+l stuida?d policl! tam. jn a wn? ~pprowd by tlw MORTGAGEE. and wMdMpwin
Msw~no. In ~M wu+l .und.rd policy fonn. h~ swn .pp~vwd by rh. M~ORT~3AGEE. in wd~ canP+~r a~P+~ a th~ MORTCACiEE m~r
dinctJ and all fks ~nd wind~lom~ iraurana~ policiM on ~ny of ~id build'w+p~, ~ny inMnst tFwni~ or p~t IMrwf, in 1h~ pprpae~ wn? aiorNaW a t
N~xa~ 1Mn~f. ~hall oont~tn tb uswl standard Ta~9+p~s clw~ a such od+N dww as tM Matp+pN may nquin~. ~Wnp th~ iws wiJw t~id OdE
dM. Nch and ~vKY. WY+W~ b Nid MOR1GAGff q its M~Mr~t en~y ~sr. ~nd ~ach ~nd wNY wch Polky ~hall b~ pranpth? as:9~ed and dd(rN~d 1e
My ~M~ ~ iib ~RTrsA~ M~tKf~Nf NQIf~~Y 10 Mb IIW~1q~ ~f. M~~ 110f ~ t~Mll ~MI (~Q~ dir ~11 M~Vi.'Iq Of f~N ~7[P1~if10f1 O'~ MC~1 ~1Cy~ 10 ~
Itva b ~+id MORTGAGEE a r~w~l tMrwf. topNMr wNh a naipt (w ~M p~niwn of wch rawwatt ~nd tMn ~h+ll b~ no fin w windsrom~ M~w~na •
plapd an any of ~ 6ui1~. ~ny in»rMt tMr~in a p~rt ti+wwf. unha tn th~ io.~n+'anel wdA tM bu payaW~ as ~fons+id~ and in tl~ ~wnt ~mr wR+
of ~y b~ooer~a p~yabN w~ wch polk~r a polici~i ~ald MORTCsAGEE sMll hiw tM option q naiw and ~pply th~ s~ on ~aaunt o1 th~ i~~d~bted~ •
nas a~cw~d h~nby a a pnnit ~aid MORTGAGORS ro noeiw ~nd uN N ar aey put tMrwf ia orher pvposes, wi~hout th~nb~ w~ivinp or impaia
inp +M? puih. It~n or ripht u~~la oc ~ vir~w of Mb mortp+p~t and N tM ~vsnt Nid MORiGAGORS ~!»II fa ~ny nawe f~il ~o k~p th~ wid pr~ w
wuw.d. o. ran a d.tir.. vranWh? +en? ~ s+zd polksas of ~m~xsno. a sa~d nWrttGwGEE. a fatl Pron~~y to p.v fi+~b +~r w•n+~+ d»~.ta o. .~y
n~p~t~ fail to pw(anA, dadur~. ~~ff~t. canP~ ~Ph'? wNh and ~t+MM b1? tl~is aown~nt, a any part hwwf. said MORTGAGEE n»y plao~ ~nd
p~y for wch Ywxana a ~ny put N»nof without w~Ninp ar ~ff~cti~ +ih? cWion, (M~~ puih. or ripht wd~ or by viAw of thh Mapap~. and tM
fvll ~nount o1 wch and w~ry wch p~ym~nt ~MII M iwr.widi~tely dw M+d piyabb and ~MII b~a~ Gr.-eraf hom tM d~t~ tl~wf untN p~id M tM aN ol
edn~ p~r antum q? arwwm ~nd ~op~tha witA wef~ inMnat shall b~ Nevnd bp IM li~n of tl~ p~ortp+~.
1. ?o pwn~ aonwnN or wfhr no w~thr. MnWir^nN~t or dNKiaatton of aaid prop~try a any p~rt tlwwf. -
S. To p~r ~!1 and sinpvlar th~ ~oosts. chwq+ +^d ~P~ue~. includinp a na~bb a»orn~~r's fN and aoan of sbstncts of titl~. Ma~wr~d o? p~id a
•ny tinw b~r wid MORTGJIGEE, bawM a h tlr ~veM of tIN f~ilun on tM'P+M of th~ said MORTGAGOR 1o dub. P~P~h? ~~h? P~~. aisch+ry~
~x~MMR, ~ff~ct. aonplet~, oomplY with and ~bwM b~? ~h and w+ry tM stipulatioes„ apre~nM„ oonditia~,. and aown~nb of ~aid promiswry nw~ and thi~
nwrbq~ ~nf? a~irM~. and s+id oosta, charq~s u~d ~xpwws, ~ad~ and ewry, ~!1 M imnwdi+Nip dw ~nd p~yabks wMtMr a ~w1 tM~~ b~ ~otioi d~
m~nd, +tNmP~ to ooll~d 'a wit pa~diigs and tM fvli a~ewunt of aKh ad wKy wd~ paym~et ~I++11 b~~r int~nst f?an tM dat~ th~nof w~tii p~id ~t th~
raM of ~ p~ tentwn pM arown?t +~d all wid t6aM. d++?pe~ and ~xpant~s hnwnd w p~id, top~tFw with suth iM~tMt, sMll b~ s~cw~d b~I tM Iwn of thi~
morqpw
6. fl~N W h th~ ~va+t of any bn~eh of Mis Mocpap~ a d~fwlt on Nr put of tM MORTGAGOR. or (b) in tM swnt ary of wid wms of mo~y
h~nin nfMnd w b~ nw praept~y ad ivly p~id within thirty (30) d+ys n~xt aft~r tM sam~ s~wr~lly b~can~ dw aod pay~bl~ withov~ d~nw~d o? notia.
o. (s~ in ~M ~wM ~+eh ~nd ws.y t!r u~pvlatiom~, ~~en~ms, aondtt~ons and ea~n~n~s of NifJ ptOTlffOf~? IfOf~ Mld tAii 11WfIQiqf Y1y Of NIMt an nw
iuly, praepdy ~nd fuly p~rform~d, d~sch~rp~d„ ex~a?ted. ~ffided. oomPlend. oomP~ied with ~nd abid~d dy. tMn in ~itl~ or ~ny wd~ ~wnt tM wid ap~.
prq~N ~wn m~eMia»d In wid pranissay ~ tMn r~siNnp unP+fd. with inter~st accnxd, aod sll nantys s~tw~d hu~b~?: slrl) b~coeN dw and WY'
aW~ forthMrid4 or tMrwiter, a~ th~ option of sald IMORTGAGEE. ~t fulhr and compkt~hr u If all of N+e said swro of mon~y w~rt oripin~Hy stipubbd
ro b~ p~id an such day. +oYthirp in s~id promifsory iwt~ a in tNs Mwt~ay~ w tl+e oontruy nwwirMtand'ugj aed thKwpon a tF~r~ahar at th~ option of
•+id MORTGAGEE. withovt notia or dan~nd, wif at lawr or in poitp, ther~fon w tha~aha bpw4 mar b~ prowavted a~ N all,moeKys s~cw~d Iwnby
h~d enaivrad prior to ib indil~tioa .
7. 7Mr tn tM ~vsm that at the bpinninp of os at sny tim~ p~ndiny aoy wit vpon rhb Mapap~. w to for~clos~ H, or w rtfam N, or to ~nforot
WY~M of ~r diMM haew~de~. s~ld MORTGAGEE aMll apply to 1M Court havinp jurisdiaion thetwf for th~ ~ppwntrnsnt of ~ Reetivar. sutl? Couit sMll
fortliwith appoint s noeiw~ of a~id mwtpapd proparty aU and sinpvW. includmp all and sinyular the incanp pofits, Issves and rwenws fran what~ver
wwa d~riwd, sach and ~very of whKh. it b~inp ~xP?ess~Y w~derstood, a hereby mort~aped a if ip~cifiuly ttt fonb ~nd de~crib~d in th~ ~antiny ~nd
hab~nelum dw~ I~eof. and wd+ Raaiw? ahall h~w all tIK bro~d u~d effectiw funct~ora and powers in anywis~ amrvatad by a Caxt to a Raaeivsr. and
wch appointnwnf sh~ll be ~~xl~ by wch Cairt a an admitted equity ~nd a m+na of absdvte rght to said MORTGAGEE, snd without nfKant~ w t!r
~d~qu~ey a inidequ~cy of tM vatw of the praparhr mon9+~ed or fo the solwncy a i.msolvency of s~id MORTGAGOR a the defendann. ant! fhat wch
rents, profih. Ywane, iaws and nwnws sh+ll b~ applid by such Receiwr acoordinp to th~ lian a puity of wid MORTCaAGEE and tM practic~ of wch
Court.
a. To duM, w~Mh~ «+d ivlM v~fonn~. ~sd~+?~. ~x«ute. effecr, ca~lete, comply virith ~nd abide by e~d~ and w~ry tM at~pubtio~s. +pnamnri.
oon~tioew and cov~rus in s~id promifsorr not~ and this mortpap~ set fonh.
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9. That ln tlr rrs~t th~ owM.~lrp of th~ mortya~d premi:es. w any pKt thereof, beaan~s wsted • penon otha tha~ th~ MORTGACOR. th~
MORTGAGEE, Ns wcaaon ard assi~n, msy, withow notice to tM MORTGAOR, dfal with such waeua a waeswr in interst with nferarKe to this
rtwrtp~ snd tlw debt Mreby satwed in tM s~ene manne? as with Mwtya~or witFa~e in a?y way vitiatinp or discl~arQa+O tfw Mortyapon~ li~bility Iwr?
undet a upon tM debt hsreby secund. No ale of tlr premaes hereby mortyap~d and no 1orbNru~a on tM put of rM MORiGAGEE or Ns wco~sson
or ~ssiyns uid no extension of the time for the p~yment of tM debt he?~by sea,red ~~wn by tM MORTGAGEE or its wates~ors or assipns, sh+lt opaa»
ro n1~a~, fiisdwpR, mo~fy chw~p~ ar affect the wipiosl liability of the MORTGAGOR haein, eitha in whole a in part.
10. h b:peeifintly sprad tMt time b of the essence of tha corw~acc u~d th~t no w~iv~r of a~r obtip~~an Mreunder w of th~ obli~~tion ir
cvnd iw~b~l ~11 d any tim~ thersafiM b~ htM to be ~ w~ivet of tM t~rms hsreof or of th~ instrumenl s~cw~d haby.
11. In addtion to the fa~yo.^p ^w^tMY P+Y~~IS of princ:p?1 and interest ~equired by the pran'~ssory oote secured hereby, mortysyor oovenanb
, and apre~s b WY w mortp+~ee with each momMY WYrnent an addir'ansl sum estim~ted by maty+yn to Me eqwl a 1/12 of the amwl cost of the follow-
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A-All ral properry ta~cas levied or ssse+sed apsirat the abore descr~'bed real est~te.
6-Praewums on fire and wu+dstorm insursnce as herein rcquKed to be w~ried on the improvemenls situat~ on the above dacribed premises.
C-Praniuns on s4d~ rtart9s~e pwru+fy inswance u mortgapee shsll from t~me to time deem fit to urry on tM ban ~ecwed hereby.
' Mortysy~ sMl~rom time to time notify mortgapw ~n w.it~ny of the amouM dw and p~yable hereunder and wch wm ~sll therwpon be dw and
i wY~bl~ on Hr dw date d the ne~ct monthM WY~t and exh sucoessiw month thsrrafter vntil mortyspee si~sll notify rnortQsgor of s chan~ ie sud~
~ amouM. Such sums shall b~ ~pplied by mo~tyspee towud the p~yment of nal p?opKty bxea. inwrance premiums, and mort~~pe pwranty inturancs
i Premi~~er. -
~ {N WRNESS WHEREOf, the said MORTGAGOR has hereumo sN his h~nd and sesl tM day ~irst aforwid.
s~. s..wa a a.~ a.,«~. ~ ' C
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STATE Of fLORIDA 1 _ '
CpV~ pp St _ I.l1C~A ~ ~ ;
P.,,o,,,u~, ,pp,,,,.d Danie 1 Thome s McC e rty_, I I I
She rron Le e P. McC a rty ~u, w~fe, m ,M.~~ known .nd known „,m. ,o b.
rh~ M~divldwb d~sa~d b and who ~x~ait~d eht for~oinp instn~r~en,ti and ~cknowkdped before me that tF»y sx~cuted th~ ssrn~ for th~ purposes
,~,.r~te, ,zpro,wd, ,~,d ,h, ,,,d Sherron Lee P. Mcl:arty i
,~f. Danie 1 Thoma a McC a rty , III - , „p,r, . ..p,.,t. P,,~,,,. ~
saan~ioe by m~ tak~n aepanl~ and apart from Iw s+id lwub+nd. +dcnorvladp~d w~nd b~for~ rn~ th~t slw ex~cvtad said irotrvm~nt fre~ly and voMr~ ;
ta~ily and witlq~A W~ aaePi+b~a4 conatrainf, aPP?shMSioe.~r fw of ot from Mr s~id Iw~bM~d. :
WITNESS m~r Iwd and offkial sed d+Y of t T' A. 0. 19=.L ~
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~ Not~ ic in and ior th~ StsM of Fbrida at tM6~~.. i
My C,oironistion e~cpinss ~ ~ ~
st ~ ~ rf .
RMure Ta ~ ~
firq F~r~l Swinp~ a I,oan Aswciation - .•''~~r:~'ir`?."'
Of Fo.t P~era. 1~TAR?POBO('q STATE Of HDRIDII 1E Clil~ •~t e,• r-J
Fo.t Pi..a. Fbrtda !IY OOMYISSION EXPIRES NOK 29, 1965 ` P:~'. -
FILED AND RECORDEO . '°"°°'"'R°"°" F"E° _ ~ ,p` 4'~:'"
ST. LUCIE COUNTY. FLA• = r'• 4 =
RFCORO VERIFIED - ~ ` J ~ ,
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16084'7 - e~ _
~ ~~~hr ~ I ~ ".'vP~~~` . Yt~ . - ;
'6Z OCT I 3 AN 9: S I ;
~•~~!I V ~ f
C~ERK CIRCUIT COURT
`i~:~`~~~ ~-~~j~~g a~K168 P~1998
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