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HomeMy WebLinkAbout2570 ~ ~ • ~ ~ • i ~ - , ~ ` ~ 1 To plau ~r~d con~in~ousy ks~p on th~ buildirga ~w~w o~ 1?K~aha ~itu~t~ on saW land and on ~I~ p~Ipn+~nt ~d pKSOn~lly cov~nd by this n?at~. pw, with all pnmiu~ therw~n paid in tull, fir~ inswanc~ in tl+s v~w1 au~da~d policy form. ~n a swn .ppror.d br tM 1NORTGAGEE. ~++d wkid~wrm kawana h ti+~ uswl sundard policY fwen, In a wm appowd by tM MOR?tiAGEE. ie wch companr a oomp~?i~s q th~ MQitTGA(iEE nwy dtncti ~nd ~II fin ~?d wi~wrm hwu+na policia op ~ny of s~id build'rp~„ any teh?at tM.~in or pan tMrwf. M tl+~ ~pp.ep~n wm ~fans~W a ~ In ~sua Hw~eof, sMll ca+taln tl~ vwal sundard mat9apN claw~ w sutA otlwr dav~e u tM Mortp+pe~ ^?+Y rpu~n. nwkinp tM bu w~da taid potF d~s. Nch and ~wrY. WYabl~ b s~M MORTGAGEE ~a iri Inlerest nwY ~PPM~. •~d .aci+ .nd .r.~r such ~M? :n.n b. P.o~?Prh w:~o.d .~d d.~i~.nd ro any MW br s~W MORiGAGEE as fwthat s~axity ro~id matpa~ d~W. and, not bs~ than t~n (1~ dayi tn ~dva~ of tM ~xpkation ~f ~ach polky, ro d~ tiwr 1o a~id AWR1GrtGEE a ~srKaral tMrwf. Wp~tMr witb a nc~ipt iw tM pr~mivm of wdi r~new~l= and fher~ sMll b~ no fin a windatwm uq~x~oq pl~pd on ~ny of aid b~?ildirqs any M1aa1 tMr~a+ a pwt tMnof, w+las le tlw fonn'and wi~h tM loas i?ayabl~ ss ~(a~satclr and tn tM ~wnt aMr wn+ of ewn~y becom~s p~yaMf w;d~r wcA policy w polici~s s~ld MORTGAGfF sAall h~w tM optioe a r~uiw and ~pply th~ wn~ on accounl 01 th~ iod~btsd ~as s~cw~d I~u~by o~ b pemnit said MORTGAGORS W ~eo~lw u~d uf~ tt or ~ny part thereof fa other purposes, widw~t th~reb~ waivi~.9 a impair ~+~Y ~~b. U.n a ripM w+der a~ by vinw of rl+i~ m«r~ej .~d in ~M •v«?~ s.d MORTGAGORS •lu~l for any r.aan fait ro k..p rh. sak! pr.mis.~ w Mavnd. w fdl w ddivw promptlp any of uid polici~s of insursi+a~ ro said MORTGAGEE, o~ fail p?omptly 1o pay fvltY u~y pr~n?iwm thKefor pr in any n~p~ct fail b pKfonn, dischar~e, tx~evt~. ~fhct. oompbt~. comPh with w+d ~bW~ by tlw cowrssn?. a u?y put herwf, a~id MORTGAGEE may plx~ aRd WY ~~+d~ a+~Y P+n ti~.eof wi~Ao~t waNiep or ~ff~aMp anp opr;on, Wn, puih, a ripAt und~r or by virtw of thit Nlo~t~ap~. and tM fvll ~mwH?t of ~ad~ and w~ry sucl~ p~yn~m shall b~ inrmdiaMly dw s~d pyabb ~nd shill b~ar inhnst from th~ d~t~ thenof untll p~W a1 th~ raN oi nNw pu c~tum pu annum and ~o~eths~ wirh sucA i~:tNest siNll be s~cw~d by tM Ita ~ of thb mortpap~. To pKmit. oornnJt or wffer no wat~, taipakmMt a deMiaatioe of said p~ope?ty a aay paA tMnof. S, To pr~ att and sirgular ths ~oosh. darpe~ and ~xpa~sn~, indudinp s rsasawbN a»orn~y's fe~ and cwb of ~bsnactt of titl~. incwred or psid ~t any tim~ by said 1NORTGAGEE, b~c~vs! or in tl» ~wnt of th~ fsilwe on ti+~ put of tM s~id ~110RTGAGOR to duty, promptly aod fu11y pKform, d"acMry~ ~xecvt~, ~fhd, oomptN~. oomply with aed abtd~ by ~ach and ~very the stipulations, ap~e~meet~„ oond'niw~, and oovsnann of s~id promissory nob ~nd this +nw?4ap~ inY w ~ith~?, and ~aid aosa. cMr~ and ~xpeMes each ~nd ew~y. sl?~II b~ im~d'Ntely dw u~d psy~bls: whetMr a not tMr~ be notici d~ ~ nww~, atNmpt :o cdMet or wit p~n~npr and th~ fvll anwwN of ~ach ~nd avery wcfi p~ymuN sh~il bea. interes~ fran tM daM tlw~of until psid a! the ?+ro ot nirw ps. oenrwn psr anr,,,m~; a+d all sstd cdsn„ chupes uid expentei incwnd ot paid, top~tha with such inta~at, shatl b~ acw~d by th~ IiM of tiw '"°np~' I 6. 7i»t in tM went of a~y bnath of tl+is Maty~ or d~fwh on tht put of th~ AhORTGAGOR, w(b) in tM want any of ~id wmt of rtwn~y ~ h.r.in nf~.r.d ro be ~or prampny ~nd fvlly p~id wi~hin thiaty (30) days mx~ aRer th~ same sever~ly become dw aod payabl~ without d~m~nd w notiu. ! or W in tM ~wnt each u~d wary th~ stipulstioro. axMments. oooditions a~d ao~v~n~oa of s~id promiswry not~ ~nd th~s ma ~ iuly. Pro^~Ptly and fulh PKform~d, d~scha~ped. ~aacut~d, ~ffichd. canPl~t~d, Kd witb and abided p~ ~ w~i~Mr ~r~ no1 t* swn mN+tionsd in ssid 0011~ bY. tlwn in ~ifMr a sny wch ewet tM s~id ~g i W~ P~~+~Y not~ then nmal^i^0 unP+id. with interest +wwd. and all moneys a~cvred hsr~by. ~11 beconr dw a+d p~y~ V ~bb forthwith, a therNfter, at th~ option of said MORTGAGEE, ~s fvlly and compktely a H all of the said wms of rtaeMy wen oripinalty :tiputated ro b~ paid on such day, anyth&g in sa~d pramissay ~a» or L? this Mortpay~r to tM contrary notwithstsediny; ~nd thawpon or ther~ah~. a~ ths op~ion of ' wW MORTGAGEE, vintFaut notie~ a dem~nd, wit at la~v w in puity, ther~fon or thueaher bpvn, may be prosecvted a if ~II moMys a~cvr~d Mr~by had tn~luttd ptqr fo itt inatiwtion. 7. Th~t in tF» ~ve~t that at tM beqiming of or ~t any tim~ pend'np ioy s~it ~rpo~ this Mort9~, w ro foreclos~ h, w to roforen it, a ro enforp ~ paymero of any d~Mns hereunder. ~aid MORTGAGEE shall aopFi b the Court h~ving pxisdittion thereof fw tM appwntment of a Reteivs?, wch Couit shsll ' FortliwNh sppoint ~ receiva~ of ssid mortps~d property atl u~d sinpvla~id includ~rg aN and singvlar the incortit pofits. bsves and r~venws from what~ver ~ou?cr d~rived, ead+ and ~very of which, it beiap s~cpreuly understood, is hereby mo.igayed as if speafiuly tet forth aod desuibed in 1M ~rantinp and h~bw~ davses Mreof, ~nd wch Reoeiv~r sh~ll Mw atl the brwd ~nd effective fvncr~om a~d powtrs in ~nywis~ ~ntnpted lyy a CouH to a Rauiwr. and uxh +ppointment shaU be made by wch Cawf u an admimd eqv;ty snd s m~tta of sbsolute right w s+id MORiGAGEE, and without reftrenu p tF~ adpu+cy or insdeawcy of th~ vslw of the p~aperty mort9aped w to the sonrency a insolvency of said MORTGAGOR or tM defe~danta, a~d that wd~ ~ renb, profits, incwne. iswes and ?ewnws sMll b~ applied by such Receiver ycoordinp ro the lien w eqviry of aa;d N10RtGAGEE and the prapiq of svcA ` Court. e. To duly. P.o~ry .~d fi,ty P..ro.m. d'adurye, exetute, effeN, complete, oomplY with and abid~ by ead~ and wKy tM stipul~tions pr~nt~ ~ oond'itioeu ~nd covenann in a~id promiuwy oa• .nd ~tw ^+oApsge s~.t fonh. 9. That in th~ event ths wvnenhip of the mwtgped premises, or am put the~eof, becomes vested In • penon other tFNn the MORTGAGOR, th~ MORTGAGEE, hs wueuas ~nd auiy+u, may, without noGoe to the MORTGAOR, deal with such suae~sor p successp in interesl with re~~-~ to this ~ matyape and the debt hereby secwed in the same msir~er ~s with Mortgaya w~tFww in ~ny war vitiat'ug or dixhupirg tht Mortyapors' _ability ~w~- under or upor~ the debt hereby secwed. No ssle of the premisea hereby mwtyaped ~nd i+o forbex~noe on th~ p+M of tM MORTGAGEE or its succ~son or ~ssiqns ~nd no extension of the time for the psyment of the aeW hereby secured yiven by the MORTGAGEE w ih s~aason a aasipn~, ,rh~ll opaat~ w«Isas~, discMr~e, nwdify durqe or affect tl~e oriyina! liab~lity of rhe N1pRiG1RGOR Fwse'u~, eith~r ;n whole w io part, 10. fr is spsdficaUy ap.eed tMr fims is of rhs essence of this contran and that no w~ivu of ~ny oblip•~an M.eunder or of tM obliparia+ s~- ` cw~d ha~by sh~ll at any time theresfi~r be held ro be ~ wsiver of the terms I+ereof w of the irutrument a~ared h~.by. ~ 11. In add~tion to the fo?syang monthly payments of princ'p~) and interest required by the prom;ssory note secured f~ereby, mor~~aga toveMnn ; and sprees to paY ro mortqagee with exh montFdY payment an additionsl wm estim~ted by mortyagea to be eqwl to 1/12 of the amusl cost of the follow- - A-AU ~eal property taxes kvied or usessed ~y~inst the above described resl estste. 6-Premiums on fire snd windstorm inswante as herein rcqu~red to !~e carried on the imp?ovemann situate an tke sbove desvibed premi~es, t-Premi~rta on such mortgaqe yvuanry ir~swance as enortgagee sh~:! f?om t;me to time de~m fit w uny on the Ios~ secwed hereby. Mortga9cs shall fro.n time to time notify mwtgagor in writ~ny of the amovm due and payabk herev~der and wd+ wm shall thereupon be d~r~ and P+Y+bI~ oo the due d+te of the nezt monthly payment ~nd ~~ch wccessiv~ month thereafter ur,til mortya~gee ahall notify nwng~gor of a d?arg~ in wch ~mamr. Such sums ~ha!! be applied by mortgapee towsrd the payment of resl property t~:ta, insvranoe prem:wns, and morty+pe yu+?+MY ins~rance pnmians. ~ IN WRNESS EOF, the id 1MORTGAGOR has hereunto set his hand and se~l the day s~d yea fint ~fwesaid. t ? Sipnad in eseno~ of: i , ti ~ .R~aq - ~ ~ ~ 0 . SUTE OF FLORIDA ~ ~ St. Lucie ~ courrnr oF ; t e.~. m. ~,~.iW,~,.~ Eu~ene Scott , .~a _~ISI~ S COtt his wife, to me well known snd known b me to b~ th~ 4dividwb dearibed io ~nd who execwed the forspoirg ir?strumeat, ard ackrawledped before me tMt they executed tM ssme fw the purposes d»..in .~cp..s..a. ~?na th. „~d- Ma ry S co t t : i .+b .-~uge ne S C O t t ,~rpoe~ a+eP+rste ~nd pivat~ ~ ex~rwution by me taken qpa~u~ and ~p~rt from her sa;d bwbind, ~duiorv{edged to and befon m~ that sF~s executed s~id instrvmeot hsely and Yolw~- ~ tarily and witho~t uW ownPulsion, ooratr~int. ~pprehp~'~ q~ jlear of w from her id Mnband. WITNESS my h~ed and official ~eal t~ cj da r07 y /1. D. 19 ~ Not~ ublk in ~nd for the State of florid~ at Lupe Retum Ta Mr Corm~ission sxpires: i # Wst F~~I Swiigs i loan Association i OF fwt P~erce. .~;,,s::,:r.sti:r,; ~~~~STAIE DI RORIDA d(/1R6B MY COMMISSlON D(PIRES NOY. 29. 1g6g Pieroe Florids C/r eONDED TNROYpM ~RED w. DIElT[UIORS( F~~ ANb RECORDED ~l ' ST. LUC~E COUNTY, Fl.a, ~ - ~ ~ ~ - REC~RD V~RlFIED - =%''~v.~ ~.r.~ ' ~ • ls~Z ~ - : . ~ ~ " ; '67 OCT 27 A!I 10: 31 ~ _ ~ . . . . . /~j - ~ - ' rOGF:R i•O17R~S CI~RK CIRCUIT COURT QppK1U0 PACE~56 . . _ 4 p'. e ~ ~ , - _ _ 5:._ _ _ .