HomeMy WebLinkAbout2703 ~ . ! i .
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To pl~a wd oa+~3m~ously kNp an tM butldinp~ now a F~ftK ~ftw» on s~id land and on all putpn~nt and p~.son~ly covN~d by N?h narq~
~p~. with ~II pr«niw~ th~rwe p~id in ful{, fin inswu~ in Ih~ usu+i st~nd~rd polky~ form, ~n a swn ~pprowd by ~M MORTGACEE. ~nd wind~tan~
lmvraiw N tM •wwl ~and+.d Pd~h? k~~w in a wm spp~owd by tM MORTGAGEE; in wd~ ean?paay a companta a tM MORTGAOEE nwy
dinct~ ~nd dl fin and wind~orm 4~x~na potkta on an~r of ~W bviWCnpa, an~r intKat tha~in a pwt tMr~of. in tM appnpaq aw~ ~faa~id a
M~apss ~h~r»f, ah~t) cont~in tiw uswl standard matpay~ clau~ a such oth~r daua a~ tM Mor~9+pM m+Y ~W~n. ~kinQ th~ !o~ ~ iaid po1F
NM. 1Kh and ~wry. WY~We ~o s~W MORTGJIGEE q i1s interat maY WPNr, and ~~ch and ~vNy tuth poUcy sMll b~ ptanptly us:yn~d and ddiv~t~d 10
~ny MW b~r aW MORTGAGEE as (v~1h~r Ntwity !o Nid n~ortpap~ debt. and. not I~ss thw~ t~n (10~ days in ~dv~nci oi tl» ~xpir~tian of Nd+ potic~. to dr
liva b wid M10RTGAGEE ~ n~a~al thKwf. Iop~tMr whh a r~aip~ f6a tM p.«niwn of wd~ rN»w~iJ u~d ti~n ah+ll b~ no fin or wlnd~~o?m Mawana
plaad on M+y d s~id buildlnp~, any FM~rwt dwr~in or part ~hK~of. unkss ~n Nr fo+in'and with tM loss p~y~bl~ u~fw~s~k~ snd in tM ~wnt ~ny wm
of nan~y beca~a par+bM wwiK wd~ policy a polici~a aid MORTGA~iEE sAad Mw ~M optia~ a na~iw and ~pptr tM ~ on saow» 01 tM fndubr~d. ~
nas ~ea+nd I~eby a~o p~rmH ~aid MORTGAGORS to naeiw and va h a~ny put th~rwf tor other purposet, wi~hout thKeb~ waivinp or impair-
~~w ~M? ~Wih?. li~n or ~ipAt w+d~r a by virtw of thh ~ewrtpap~t ~nd b th~ ~wnt wid MORTGAGORS slwll fa uiy nason hil 1o kNp tM s+id pr~enit~s so
inw?.d. a i~rt a ddtrw prompti~? u,y of s.W polici.. of lnsw~no. w said AAOrtTG/?GEE, o. f.ii p~omp~y w p+r fidN «w w«n«un rtw..ro. w in se~
tisp~u bN b pKfam~, ~:~r~t, ex~wt~, ~ff~f. canpl~tt. ownplY with a~d aMd~ by thb aown+nt, a anY P+N Mrwf. aW MORTGAGEE may pl+n ~nd
f~i,ll ~nwrrN ~ aid w~y wd~ p~y~ slwlt b~ ~w ~WiOn. ~Nn. puity. w ripht ur~ a by virtv~ of tbb Maep~pR. w~d tM
~~n. p.. annwn P.. «,nun+ «~d ~h? wrabb «+d ~1+d~ b~s.r wn...st 6om th. d.N th.r.of un~u p.id M~h. r.a ot
to~tMr with wcA int~ntt shdl b~ Ncwrd by tM NM ~ of N~it mat~~.
1. To p~rmit. oo~ndt or wffM no wssf~. M~pakmer?t a debrioation of said propMy a any part tMnof.
S. To pay all and sinp~lar tM•coqt„ sMrp~s a~d ~~a, inchdir+a a nasonaWt a»or~y's f~ and costs ai sban~cts of titb, incw~~d o? paM ~t
~ny tiM by wid MORTGAGEE. b~c~uH o~ ln the ewet of tM failvn on th~ pa1 of tl+~ said IMORTGAGOR to dvly. P~P~~1I and fvlh P~a~4 d~+ch+~9R
•x~cvt~, ~Nse~. oompkt~. aoenply with and abid~ by ~ach ~nd ~vKy th~ stipul+t~om. +pre~++q. oondiBar. snd aov~sn+nts of aid promtuar ~ah and thb
^~+~9~ +~Y a ~irhN, w~d ~aid eas~+. ch+?Qa W+d ~xpur~s ~sch and ~wry. ~11 b~ imrn~diately dw and p~y~W~t whetha a not tMn b~ notia e!?
mar+d. atumpt to ooikct a wit p~ndiept and th~ fvtl arnount of ead~ and wKy wd~ p~ym~nt sh~ll beu int~t from th~ d~t~ th~nof w~til paid at the
rata of nin~ pa eent~en pe~ aixwnk sn~1 ail sdd obsts, chuye~ and expenses innxr~d or p~id. ~op~rMr w;th wc6 inhn~t, ~hall 6~ s~cw~d by t1+~ li~n of tha
^~q~
e. 'llwt (+J in tM ev~nt of ~ny breach of this Mwqsp~ or d~fauh on Nr part d tM MORTGI1GWt, or (b) tn th~ ~wnt ~Mr of wid wms of money
herstn nhn~d a b~ not Wa^~P~M' and fuly, paid wirhin thirty t90) d~Ys nrxt after Nw :arrK sevwaltp becan~ due and payaWR, without danwnd a notice,
or (d i~ th~ w~M ead~ ~nd ew.y th~ sHpulatio~r. +p~a~msnb. condh'ans aed oown~nn of said praniuwy not~ ~~d this morpp~ aay a ~ithat sn aql~
ivh. prompNp ad fully pKform~d, d~scMrped, ~x~cvted. ~fficted, compiet~d, compl;~d w~rh sr?d abid~d by, tMn ie ~ithK a u~y aud~ ~wnt tM said p.
yrq~t~ swm m~rtiorwd in said pro~misso?y no» theil ran~ininy w~p~id, with inter~st acvusd, ~nd ~11 nw~eya wcur~d bsttby. shdl beaaoe dw u~d WY~
~b1~ forthwitli, a tlweaha. ~t tM optan of s~id MORTGAGEE. ~s fvlly ~nd compl~tely ~s if all of tM ssid svms e{ morMy wen wgin~lly ttipuiated
ro b~ p~id on svch day. +oYrhinp in said pramissory eo~e or in Mds Mortyape ~o fM conaary rw?w7tlntandinp: u+d t
said MORTGAGEE, witho~A ootioe a d~nwKl, wit at I~r w in ~?«+Pon a thtreaha at tht opYqn of
puifY, therafor~ w tlwreaher ba9un. m~r b~ pras~cutad a if ~11 ~non~yt s~wred Mrsby
had mafiNSd priot ro iq institution.
7. ?Mt in the went tf?~t ~t th~ l~qinninp cf or ~t ~ny t;me pMd;rq aoY sv;t upon thb Mortya~e a to faeclo~ h, ar to rofonn it, w to enforp
WY~ ~+~Y d~1rm hereundN. ~aid MORTGAGEE shall apply fo tht Courf havin9 jurisdittion thereo( for th~ appantm~nt of ~ Receive?. such Couit sh~ll
fortliwith appoinf a rwiver of said mortpay~d prq~erty all and sirgvlar, incl~d~n~ all aod singvlK tM incoms. p.ofits, issws and rwenwa from wharewr
wwa daiwd ~aeh and every of whiclw, b be7^0 ~xpras~Y urKlerstood, a I+sreby mort9~ged a if sp~cifiully set fwth and dewibed in tl+~ ~rantinp and
hab~mlum clavses h~reof, and wch Ree~ive. shdl IMw all tM boad and ~ffactive fw~ct~o~a and powers in u~~ywise eotrustat! by ~ CouA tp a Receiver. ~nd
•uch appointrmnt sA~ti be e~sds by wch Caxt u an ~dmitted eq~iry and a rrwtter of absolute riyht to said MORTGAGE~, and withoul nfe?ence ro tM
~deqvacy or in~d~qwcy of tM wlue of the prbpary monysped or to the wlveocy or insolvency of s~id MpRTGAGOR a tM d~fadants, ~nd ~h~t wd~
renn, profits, incoeew, isw~s and rwenu~s shall b~ applied by wch Receiver ~ccwd;np tp the (ien ar p~ity of said MOR?GAGEf ~nd the pracrip of wch
Co~rt.
a. To duly, prompth? +~d fulb Parform. ds~l++~, execute, effect, aomplete, comply with ~nd sbkM by sach and wsry th~ atipulatwns. +presn+ents,
ca~d'nio~s and aovenuits in s~id pramissory rar~ ~+d rha mo~t9sy~ set fwrh.
9. Th~t in tM went tM ownenhip of tM monya~ed Wem;sa, or a~ryr part thereof, becanes vested in ~ penai oNwr than the MORTGAGOR, tht ~
N?OR?GAGEE, its s~casson ~nd sasip% m~y, without notice to the MORTGAOR, deal wifh such waessw or suceessa in intere~t with r~terer?ce to te?is
more9g~ ~nd tf~ debt hatby secw~d in the sarM msrner u with JNort~apw witFwW h~ny way vitiatinp or disch~?pin~ tf» Mwtyapo.s' liability trr~-
urwle~ or upon ~he debt hareby ~ecured. No aale of tir premixs I~aeby mwtp~ped and no fwb~+r~noe on tFK part of the N1pRTGAGEE a hs successors
a~ssigro and no extension of the time fo~ tM p~yment of the ekM hareby sec~red yiwn by th~ MORTGAGEE or its wooeisors w ass;prq, ~MII opaab ~
ro re1w~. ~rq~, nqdify ci~rg~ a affect tiK oriy;ewl liab~liry of the 1MORTGAGOR herein. either in whob o? in psrr. ;
10. h is specit'~utiy agned that time is of the es~ence of this cootrace and that »o w~lwr of a~r obl;pation hereunder or of the oblipation se~ ~
cured hu~by sh~tl at any tim~ thereaftK b~ 1~eld to pe a w~iver of the t~ hereof o~ of the Lntr~mrcnt seax~d herby
11. In additwn ro the forego:ng mpnthly paymenq of print:p~l and interest required by the promistory note aecvred F~eby, mortgago~- ~oven~nn {
snd apre~s to paY to mort9agee with e+ch montMY paYm~nt an add~tional swn estima~~d by monyapes to be eqwl to 1/12 of the anrwal cost of the follow- 1
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A-All reat propery taxe~ levied a assessed agsinst tlx above desvibed real est~te.
6-Premiums on fire a~d windstwm imwanoe as harein requ:rcd to be urried on the improvements titwte on the ~bove desvibed prsmiKS, E
C-Premi~xns on sKCh mo.t9sye 9uu~nty inswuKe as mo.tgayee shall /rom t&ne to time deeen fit to carry an tbe loan secured hxeby.
Mortgsgee s}ull from time to time notify mortgsgor ;n writiny of the smouro due si+d psy~bk herevnde~ and wch wm shall thereupon be due and ~
PaY~b~s o~ tM due date'of the -oext monthlY WY~ and ~ach wccessiw month thereafter until mwtgapee shall notify n~wtgspor of a chanpe in wch j
amovm. Sud~ swns slutl be ~pplied by ^wrtyagee roward tM payrnent of.real pro~rfy taxes. inw~+nce prem:wns, and morf9+pe p+++r+nb irour~ ~
p~emiu~ru.
IN WITNESS WHEREOF, the s~id MORTGAGOR hss hrrevnto ~et Fds hind snd se~l tl+e d~y ~nd fint aforasaid. `
~D^~d. ed in tM pre~w of: ~ •
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TATE OF KORIDA ~ ;
~ cournY oF s t, r.,~ ~ i R ;
~,r.,,,,P.r,~,~N,p~,~ John E. Drondoski
Helen W. Drondoski ~~~,to~~'~~~~~~~
the in~trvidwb desvibd In and who ~xecuted the fat9oinp ins , and ackrawled~ed before ms N~at thty executed tFw s~nw fw the pwposes
tlxreh ucpnsNd. Md tht .a~d__ A _t~ » p 4
w~r. or d,. ,,;d _ John F._.. Drondo qki
•:amination bp rn~ t~k~n a~parah and p»rt from hsr wid Iw~band. •~P+r~ and volwf
tarily a~d withoul ary/ eomp~biory constraint. ro and befat err thN ahe ex~cuted said imtrvment f~
+pprehensiop,~[ fear of w from ha wid IMnband.
WITNESS mp hrd and off'Kial Wal rh:a QO day of L.~
_ /L D. 19~S~L._
Notary P ic in ~nd fot the Statt of Fbrida tl Larpe
RNurn To: My issia~ txpires:
~"'"a' a~" ~~+t~+ p~~c, State of Fla+da at Lar9~
Of fOfl PilfCl. ``1y~,.•.,'..i.~ ` N9y COR:If.etSf10~1 6~~~ 6~
Fwt Pieres, florids ~
• ~ ~•1 G 9 , f
~ ~.d,a er ~!""~K'O ~
FILEO AND RECOROED ; J~•'' --t
ST. IUCtE COUNTY. FLA. ~ d ;Y
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RrCOP.7 VERIFiEO y J. sd.~~
.-_,r-- ~ :oFy
16i31`7 = c t'~~
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6t OCT 3 ' ~ ~ ~
' I AN 10 • I 3 :.~~o.,;,.c ,,,~o~,,,~
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G~~a~e~~ ~ ° ~
~u~~~ ro~1R~,s
CIERK CIRCUIT COURT
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