HomeMy WebLinkAbout2431 J
- ~ , r .
To pl~q ~nd oontirwo~+sly kt~p oe 1M buildinas now or hK~affN ~itvat~ on said land ~nd on ~II pvipnNet uid Rwson~lA oovM~d by Mas narl~
p~, with ~11 pr~miwr+? thKw~ p~~d M full, fin tnw~ux~ in th~ uswl s~aoda.d policy fwn~, ~n a swn ~pprowd by tiN AAORiG/1GEE, aed winditan~ ~
N+wrana fn tM usuat sqndard pol~cy fam. M a wm approwd by tlw MORTGAGEE, i~ wd~ canp+ny w caxpanha a th~ MOR?GAtiEt nNy ~
dinct~ and ~II fih ~d wi~ba~m int~xana poliwi an ~ny ~f wW build~, any intKat th~nin a paA tMrsof. In t1» p~p~N w~m aforNaid or
1n ~xons tMr~of. ~hall contain th~ wwl standard mortq~ dav~t o~ such ocMr daus~ a tM MortQ+pN ^n+Y n41?in, nw~kkg tl» loss vnda s+id po1F
dM, ~ath and ~vMy. WYabl~ b uid MORTGJI('iEE as ib intKKt ~Y ~PPNr. a~d tKA atw) twey wch policy sMll M promptly ~ss:~md ~nd deUwt~d M
«+y MW by Nid MORTGI~GEE a fwd+N kcwity ro ~aid mohpap~ d~W. and. not I~ss Nwn hn (10) d~yt in ictvana of tlw axpfr•rion of ~ach polky. !o d~ 1
tivw to s~id MORTG/IGfF a n~wa! thN~oi. to~tha with • hpipt far tM pnmlwn of a+cA ~~wali u~d M~n sl»II b~ no fin or wtnd~tan+ i~uw~na ~
pl+ad on ~ny of s~id b~ild'inps, any intK+q tMnin or pwt tl+Kwf, unlas in 1M form'and with tM loa WY~bN ~s afa~saldr and in tt» ~veM u~y w~n
of nwMy b~conNS p~y~bN u;~ wch policy a polici~a aid MORTG~AGEE ahrl! Mvr tM opYan to noriw and appy th~ s~nN on ~coowN o~ tM Ir~bt~ " ~
ewq ~~~d Iwr~py a~ w p~rmit uid MORTGAGORS 1o naiw ~nd ust N p any pa.i thenof fw other pwpos~~, wi~hout thveb~ waivi~y o~ impair
inp +e~r puitl?. ~Mn or riphl und~r a b~r vktw of this mortpp~r and in tM ~wnt wid MORT('sl1GOR5 slwN for ~ny nawn fail to ~Kp th~ ~ak! pnrn?~s to '
rnsvne~ a fdl a d~+iw+ pr«nptly any of ufd polid.s of imwsno. a aid MORtGAGEE, o. fail promprty to pay fvlly any p?e~niwn tMnfo. a in a+y
nspc-c~ fatl b p~rfonA, d'adw~. ucKV~~, ~fiM. complN~. compiy wfth and abW~ by tlda cowna~t. a u~y put hK~of, said MORTGIIGEE may plin and
WY or +np P+rt Mwnof w8houf watvinp a aNMin~ any optioe~, Ibn, squify, a rphl w~dN or by WAw of this Mort~q~. ~nd tM
fvll amovnt of ~+d~ and awry wch paym~M ~MII b~ imn~dishly dw and p~yabl~ and shill b~ar Intwat han th~ dat~ tlwwf until p~id N tM ~ab ol ~
eiew p~r amwn pa annurn and ~oyetMr with weh int~nst shd! b~ aeund by tM We;of this nwrt~ap~.
4. To p~n~, oonn~if or wffa eo w~sh~. imp+krtunt or det~riontion of uW propNry q any px! tMnof.
S. To par ~11 Md sinpvlar tM.oosb. cMrpa ++~d ~xPMwy ind~?d'inQ a rtiwn~bl~ attorn~y's fN ~nd ootb of aban~cts of titN. intv?nd o? p~id u
any tirn~ by s~W MORTGAGEE. b~c~ua o~ in th~ ~wrn of tM f~ihin on tht put of tM uM MORTCs/1GOR w dub. P~~Pth snd tvl~Y PKforn~. d~sch+~,
•x~cw~, ~fhd. aomPNtR., oomply wirh and stkt4 b~r Nch ~nd fwry tM sriqd+Naw apnsmeots. c«ditiorai, +nd aownints of ~aid promis~ory noh ~+d ~hit
~~4+~ +~Y a~itM?, and said oos~s. eiw0a aid ~xpe~ra, Nch and wKy, shdl b~ ke~wdiahly dw u?d pay~bl~: wMtF~ a not tMr~ b~ eotioi d?
m~nd. att~mpt :o ootl~N w wit ~epr and tM full ~mount of ~h and ~wry wch paym~nl sMU bs+~ interost from th~ dat~ tMreof until paid a~ th~ ~
r.te of naN p~r oaetum p~r arrwrq; ~nd a11 s~id obay„ clwQes u?d exparqes inpxnd a p~id, top~ther with such k~Mnst, ahali b~ a~tund by th~ li~n of tha
_ ~
6. iMt j~ in th~ wwn~ of ~ny br~ad? of thi~ Morrp~ w d~fwh on ~he put of tir MORTGAGOR, a tb) in tl+~ ~wm ~ny w~d w~m of morrr ~
heretn nhnd ro be nor pramptty and fuly p~id withia thi~ty (30) d~Ys n~xt sher tM sarn~ s~veraty b~cane dw ~nd paysbl~. witl+out danand a notia.
or (d in tM ~wn~ exh ~e?d ~wry N» stipulationt„ +q~~~s. oa~dita~ and aov~nrnb of wid praniaw.y naM u~d this mort~p~ any a eitiw ~n nw ~
iuly. P~P~b and fully puform~d, dacharp~d, ~xecubd. ~ffict~d oompieted. oanPfisd with and abided bY, thert~ in eifMa a a~ such wNn ~M s+id ap~ i
pr~» san ma?tia~ed in aaid promia~o~y noM thee ran~ininp w~paid, with inta~st acuwd, and ~II mawys ucured her~by. shdl b~com~ dw and pay~ ~
+bl~ fathwith, a tha~aha. at th~ option of ~aid MORTGAGEE, .s fi,iy ~d oo~,iaety as if all of the ~sW wms of flqllfy VylM O~i~iMNy ifiPy~f!'d ~
ro b~ p.id on sucA day, any?hiny in said pron~iuo~y ~ote or in this A4ortpap~ w tM connary notwi~Mf~ndiny: and ther~~pon a tlkreaher at tM option of
said MORTGJ?GE6 without nor'~n o? d~mand, w8 at 1~r a in puiry, tMrefon or tMreahN bpw4 m+y be proaacut~d a if ~II moetps s~cw~d hareby
Md miturld priOr t0 iti irqtiWtiOn.
7. Th.t in tM twnt rhar ar rhe beginninp of a ar any t;m. p~ndkg aoy suit upon rbis
WY~~ of a+y d~ims hereu~de~. s~id MORTGAGEE sMll ~D+9~ or to forectas~ N, o~ w roform N, or to enfwa
apply to ths Cowt havirg jwisslidion thereof for the sppantmee~t of ~ Recaiver. such Couit ~hall
fortFiwith ~ppoint s roaiv~r of ssid mwty~ed properfy atl and augufar, indud~rg sll and si~vlu tlw irtcome, profitt„ iss~e~ and mwr?ws from whatswr
tourn duived. exh and ~very of which, it bei~p ~xpressly ueders~ood. is hereby nart9+9ed ~s if apecificslly kt forth ~nd desciibed 6. the ~antinp and
h+benduen clsus~s Mreof. ~nd wch Reoeivar shall Mw all tM broad u+d dfactiv~ f~mcnorn u~d povvers ;n anywise emnisted by a Court ro a Receivse, ~nd
:uch ~ppointm~nt thall b~ rnsde by wch Covrt p~n sd~ni»ed puity ~nd a nwtter of absolute riyht ro~id MORTGAGEE, and without referer~ ro tM
.d.qu+cy a i~+~d.qu~cy of tM valu~ of tl+e praperty mwtp.yed w to rM sohency or tnsol~ency of said MORTGAGait a. the defa~ann, and tMf wch
rent~,. profits, ineans, ~x rwawp stwtl b~ apptid by such Reuiver ~cewd'my ro the lien or eqviq o! said MORTGAGEE ~nd ths p~actic~ of wd~
Court. . t
To dvN. panptly ~+d firlb P~riorm. ~Charp~. execute, effect. te, ta:. {
cooditions and cov~nn in wid promisawy not~ and t1w mwt ~k P~Y with and sbide by each w~d every tiw stipubtaia, preemeots, ~
y~gs set fwth. •ti ,
9. lhat in th~ ewnt tM ownenhip of the matyaqed pnm;ses, or any put yrcreof, beax,~es w~ted tn a ptr~on other thsn the MORTGAGOR, tM
MdRTGAGEE, hs wcaeston ~nd us'g~a, m~Y. without ~otice to Ihe MORTGAUR. deal with :uch suaeuw or succesior in ;nterest with reference to th;s
mortyi~ ~nd tFa debt hsreby sewr~d in th~ sarn~ msmer as with Mortyapor witlaW ie~ ~ny w~y viti~tirg or discharpina ths Mortqagas' li~bility herr. ~
ur~der w upwi the debt her~by secwed. No s~le of the premises hereby mortgsp~d ~nd rw forbeua~oe on th~ paM of the MOitTGAGEE a its successon !
w augro and no extee~sion of the time for the payment of the deb~ hereby iecured y'~ven by ths MORTGAGEE w its wcoasors pr asi;y~q, sha~~ ppuaM ~
ro nl~a~, disd~aryi~, rtadify chanp~ or ~ffect th~ wiyina! liab,liry of elw MORiGAGOk here'wy eHher in wiale w in , put. ~
10. N b specificaNy agiead that tim~ is of ths es~encs of this oonnact sed that no waiwr of u~y obliyation I+arew~dar a of tl+~ oblia~tion s?
cund Mnby ahall at any time thereafter b~ held Ip be a waiver of th~ terms hereof a of th~ iroh~mem secu~ed herby. ~
I1. In additwn ro the forego:ng monthly paymenn of princ:p~l and interest required by the pranissory no~e secvred hereb , mo?t ?
Y 9~ cawnants
~ u+d +prees to pay w mortgagee with exh momhlY payr,~ent an additional wm estim~ted by mortgagee to be eqwl ro 1/12 of the amwal c~t'of tht follow-
irg:
i
A-Atl real property axes kvied a usessed apsi~st the ~bove descr;bed reat estate.
6-Pramiums on fire and wi~dstorm insurance as herein cequ:red to be curied on the improvemenn sitwte on the above described premises,
C-Frsmiums on s~ld~ awrt4+9e Owr+MY inwrante as rnor?gagee shall from time to tun~ deem fit ro
Mortyagee shsll from time to time noti mort ~ry t~ ~n secwed hereby.
fy 9~gw in writinp of the amount due and payabk herevnder and such wm shatl thereupon be due ~nd
paYable on th~ d~e date of the next monthlY piyment and ~~ch wccessiw month tFkreafter ur.til mwtga~ee shsll notify mortgagor ef e thanye in suth
amovnL Such sums shall be spplkd by mwtp~pee fowsrd the payment of real property ti~cea, ieaw~nce prem:ums, and m~.. t9~ 9~+~b ~a~+n
Premi~wru-
IN WITNESS WHEREOf, the_ s~id NbRTGAGOR h~s he~eump set M ~ynd ~nd ~es1 tIK day and ar fint aforasaid. .
'pn~d. ~I~d deliMa~ i prei~nc+~ ofs
' ~
~ ~ ~0
rc..~
rs-0
57ATE OF F10RIDA ~
cou+vTr of S t. Luci e
a~rw~. m. p..,on.~y .pp~,nd JohA C. P a d e n ~
Katherine L_ Paden ~w~~,~~~;~~~~~~~~~
tM ind'widwb d~wib~d in ~nd vrho euecut~d tM forepoinp instnwmM, and ~cknowkdped befon me that N~ey ~xacvted the same fw the purposss
~he.e~+ ~rea~d. w+d th~ s.sa K A t h ta r i n p T~ p A A e n -
_ „vif~ ot tM iatd _ J~hn C_ P a d E3 n vpw, •.eparar• .nd p.iv.r~
exaenenation by +rk taksn s~pa~at~ and ~part friom her said husba~d idcnowkd~ed to ~nd befort rn~ th~t shs execvted s~id irot~wnsnt hsely and volwr
t~ritp and witho~A aror cpnpubipy constr~int, apprelnraion,~ fsa of or from hsr pid husband.
WITNESS mp Iw~d and offkial ssal +1~_~r,~..~ d~y of A D. 19~,
Notsry Public in u+d for the Statt of flaida at Luys
My Carrnission ~apires:
Re~wn Ta -
Fi~p f.d..~l s.vug. i Losn /1aod.tion ~ry ~c, State ~f Fbrldj. ~t ~ ~
°f F°`~ PK"°. ~~f'°" E,~ires Nor. 3, 19b9 ;
Fort Pieru, Florid~ ~+"~d h A.~,
~uw fia.i . i.~ ~ , , G. 1
FIIED AND RECOROED • ~~~0~~~`~f, ~
Y. FLA. ~
ST. IUC~E COUNT ~ ~e? . + - y,''
pcr~n; VF.~1~•~~6~~-a3~ _ ''''r ~ i'1 Q,~
: _ ' , n~ ' d :
~ ~ : - •r
~r ~ t.
.
p~ 9 : 3T - ~ ~1 o ti,'
* ~ ` ,
67 OCT 2 a!~ ; . .
a~,~.~ . ,
;
. , v~
::(!•'i:.r'• +~"~'TtZ`~5 ~J%~:;::::.••••_'.
' CLERK CIRCUI7 COURT QppK1~ PAGE24~
~ ~ ;
~ , _ _ w,~ _ _