HomeMy WebLinkAbout2892 , ' Y i" . . :4
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To piao~ and contMwov+h k~P on rM butldiny~ now o. M.«ftK ~itwn on s~k! land and on dt puy~nwro ~nd pawn~~ly cova~d bY tN~ ~na+4'
p~, wi~h di p~miwrA tha~on p~id !e full, fin intva~ in tFr wwl pud~rd poliry fwen, ~n • swn ~pprovsd by tM MORTGAGEE, u+d v+~~^~
kawana M tIN ww! pand+.d polky fam. in • wm +pprowd by tM MORTGA(3EE. in wch comp+nY o? oaiW+nN+ a tM AAQ~TGAGEE ~
dinqt w~d ~II fir~ ~nd winthlonn iniwana pdki~s on ~ay of uid bufldinpb ~ny tnternt tMrNn a put ~Mreof, in tM app?eyH~ arn ~Eof~s+W °r
In ucaa tMnof, sh~l) oontain tM wu+l W~ndard_ matp+pN clau~ a wch o~Fia daus~ a rM Mor~papM maY ~k~. ~utMiY tM loss wdM said po~
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dw ~.d~ and wKy. wrabl. a saW MORTGAGEE ~s ia inrasaf nwY +PP~+r. •~cl ~ach .~d .w.y ~uci~ vo~~cy ~t~ali b~ wa~+p~ty ws:9~+.d aM! d.~+~.nd a
~ny Mid by ~aW MORtGAGEE a fvnlw~ NarrNY to uid, morty~ d~bt, and. no~ I~u than bn (1~ daji~ In ~dvu~a-of Tht ~xpir~tion ot ~sd~ policy. a dr
IivN b~+W MORTGAGEE • nn~wal tl+K~oi, wp~~M~ w~th ~ reaipt fa tM pnmiwn of svcl~ r~new+lt aed ~h~n ~hall b~ no fw~ w w~ndsto~m i~uw~
pl~pd on of aW b~riWkpa, any intNNt tMnin a pWt tFwrwF. unl~u M tht tam'~nd witb tM las payab4 a~fonsaidr and h the ~wnt u~y w~
~u
of nwn~y bca+na paYabM ur~ wd~ polky a polici~a a+id MORTC/1GEE s1~+11 I+~w ~M oWion ro nc~iw and ~pplY tM wm~ on ~caowa o1 tM ind~bad
i»ss Ncvnd ba~by a w pKmit s~id MORTGAGORS ~o ne~iw ud vN it or any p~rt Me+wf for ofhe~ p~?rpoaes w~thout thxeb~ w~ivinp a+mP+~
Nq +rhr puit~r, ti~n a ripht uedK or by vir. o# fAia n+atpap~~ a~d in ~M ~wnt wd NIORTGAGORS ~hall fw ~ny n.an f,il w k..p N» ~a+d p~ni~ a
Mwnd, or fail b eidiw~ p~anpHy .ny of s+id po~~a.s of imunne. a saW MORTGAGEE. or hil promptly to p~Y fvlly ~nr prNnivm tMnfa or U? ~^Y
n~p~ct fail b pMforn~ d~~pe. ~x~cut~. ~ffect. tanP~~. ~^P~Y with ~nd ~bid~ by tt~ cov~~aot, o? any part haeof. s~id MORTGI?GfE may pl~a ~nd
i~i?11 aeo~t ~ ~nd wMy ~ parn~M tMll be ainrn~i~i~»iy~aod
py~aW~ and ~ha~l~~ar Int ~xler a by vtrtw of tM ~?~t
~ N d
nirr p~r anlw~+ pM wnwn a~d topttMr with s~xh intKat sh+li b~ tatwed bY tIN 11~n of thia nwrrpap~. ~ ths d~b tF~eof until
. 1. To pKmtt, oom~nM a wffu oo wat~. Mw~knwm w d.»rio..~ion of uid prop.~ey a anr p+r1 ~h.~wf. ~
S. To pay ~I) ~nd sinp~rlar tM.ooan„ chap~s and ~xp~rw~, indudinp a reaia»bl~ ~?tomtl/~ fe~ u+d aosrs of abanscts of tirl~. Mcwred a p+id u
w?y tirM by aid MORTGAGfE, b~caus~ a M tM ~wnt of tM faiivn on tM pat of tM wW MORiGAGOR a dv1y, p.omprly ~+d fuur p..lorm, dacn+rpa
~x~cvte, ~if~d. oompl~t~, oomply with and ~bid~ by sith ~nd ~wry tM stipulatiaw +~~e^+aus. conditiom. and cov~n~nts of ~aid prani~~ry no?~ ano thlf
^~~9+~ MY w NthN, and stid ws». cMrqes a~d ~:p~ws. ~ach ~~d ~wry. sMN b~ GnmdiaNly dw and p~yabl~r wM~ a not Hw~ be rto~ici dr
mand. ~tl~enpr M eolbet a wi1 pa+d'irgs and 1M tull +nwwM of Weh +nd wKY ~ WY~~ ~11 bs~? intenu fran t!w dat~ ~herwl ~ntil pa~d at sM
rat~ of aitw_pK centum pa wwm; ~od all s~id obsis. thu9es ~nd ~xPenses incwnd w Wid. topelMr with s~th k+f~r~l, ~lwll b~ s~wred by th~ li~n of thi~
matp~• ~
A. tM! j~ in th~ w~nt of any bnach of thh Mortys~ w d~fwh on th~ puf of th~ AAORiGAGOR. or (b) in tlr weM ~ny of ~a:d aw~s of manrlr
Mn1n nfNr~d ro b~ not p~ompty ~+d fuly p~id wirhin thirty CdOI d+ri n~xt ~fMr the sam~ sevsraly becane dut ~nd WY+bI~, withow deen~nd a noriw
or in 1M ewnf ~ad+ and wNy tM stipulNfoes„ sprNen~ens, aonJitions ~nd oov~nb of a~d promissory note and th~s mor~pye any a eitha en no1
~+N. P~~h and f„~y p~rfanrd. d~sch~rped, ~xewted. •fNcr.d, oornpMr.d, comp~isd with and sbided by. tMn in eith~r o. u~y wd~ .wr?r ~he s~+d
prq,H~ wm m~ntiawd ie~ saW p~ornis~ory not~ t1w~ ~~nainiep unp~id, with intenst accrwd, and aN monty~ satured hsrtby. ~1+a11 batome daea and pay~
aW~ fonhwith, o? tMreaftN, ~t tM option of ~aid MORTGACsEE. a fully ~nd canpl~uy as if all of ?he said sums oi money we~~ «ginaliy sGpuiated
ro b~ paid on wch d~Y, anY?hin0 in ssid promissory no» or in ~hb Mor~aQ. ro rh. convary nawi~hsundinyj and ~har«rpon a TKere•hsr a~ rh~ oprwn of ~
s~id MORTGAGEE. without not~u o~ dNnaed, wit ~t laa` w in puitY, tMr~fon a thereaha b~pw4 msy be proaecvtad as if ail moneys ~swnd he?eFW -
n~d mawnd prar ro i» ins~in,rae.
7. TMt 1n tM twnt tMt at tM b~ginninp of or at ~~ryr tim~ pandin~ aoy wit ~rpon this Morty+p~, or ro fwedos. ir, or b ro~am if, w to ~nfwa~
~ayme~t of u~y d+ims hawnd~r. s~id MORTGAGEE siull apply ro rhe Coun havNg jw~sdiction ~hereol fw ~M •ppou+rma+t of a Recriver. wch Cowt aM11
fortMvith appoint a recelwr of said mortp+~d ptop~rty sll u~d sie~?1~r, includ~ny dl and sirgvl~r tF+~ u~a~, pofib, issws and nve+wss from whatewr
•ouro~ dKiwd, ~ad~ and every of which, it bsinp expressly undatrood, is herebp mo~gsged u if speciiicalty ~et forth and de~uibed in tl+s prantinp and
hab~rdum da~ses Mreof, ~nd sutl~ Rccaver shall h~w ~11 tlw lxoad uw! effactiw fwxt~ona and powers in anywKe entrusted by ~ Ca~rt ro a Reuiva. and
s~ch appoie~nent ~11 be m.d~ by wch Court as ~n ~dmined equ~ry ~nd a mraer of ~bsotut~ rght to said MORTGAGEE. and withow reierenp ro th~
~d~qu~cy w w?ad~quicy of tM v~lw of ths prbperty mort~s~~ w to ths wivency w insolvency of said MORiGAGOR a tM defendants, +nd ~1Mt such
renn, profin, inooms. issues and rwenws ah~ll: N~i~d by wd~ ReceivN accordinp w th~ lien or eqvity of uid lMORTGACaEE ~nd th~ pr~ctia of wch
Court. ~ : . t s?
8. To dvly. promptly and fully pafam, dactwrqe, execvt~: ~ffect, aompl~te comply with and sbide by sacF~ u~d ~very tlw stip~rlatia+~„ p.Mw+Mts„
co~+~tfons ud wven~nts in ssid promKSOry. not~ and tlw matysye4Y1 forth.
9. Th~t in tl+e ~wnt the owr~ship of th~ mortyaq~d pramises,~a aMr put thereof, becanes vested in • person otha~ than 1he MORTGAGOR, tF~
MORTGAGEE, i~s svctessors ~nd auipm, m~y, withaA mtice to tM MORTGAOR, deal with tvch woceuw a waessor in interes~ with reicrence f0 this
mwtpap~ and th~ debt he~eby secw~d In t!~ swm m~ens~ a with Mat9a9w wi~hoW in ae?y w~y vitiat'ag a dischupirg the Mort9~ors' liability hen-
under or vpo~ th~ deb~ hsreb~~ ~ecvred. No ab of ~he pr~mises h~nby mo.t9apsd and ~o fwbesrance on tM put of the MORTGAGEE w in sucoesson
w~ssipro and ra ~xtension of the time fw the paymMt of tM dtbt hereby secvred pivM by tha AAORTGAGFE or ifs s~cces~aa or sss:~nt, ahall opa~»
ro nleaw, dstMrpe, modify chanp~ a affed tl+e oriyinsl li~bility of the MORTGAGOR Mreit~, ~itMr inrwliole a in put.
10. It b specifically ~preed th~t tirtK b of the essence of this ooMrict a+d ttwt no waiver of sny obliy~tion htreunder or of th~ oblipaYwn s?
a;nd Mnby ~hall tl~ny tim~ thereah~r b~ held to b~ a waiver of the terms hareof or of the irotrvment sewred Mrby.
11. In ~dditan to the fore~o:rg monthly paymenh of prin~ p~l and interest r~quKed by the prom~uwy no?e securcd Mrcby, mortgspor oov~n~nls
, and sprees ro psy to mort9ayee with e+th mon~hlY paYment an ~ddiriooal swn esr~mated by monyage~ w b~ equ~l to 1/12 of ths annwl tast of the fdlow-
irq:
A-All real property taxes levied or usessed ays~nst the above desc~ibed resl est~te.
6-Premivms on f've snd windstorm inswance as herein requ'red to be urried on the improve+nend sitwte on tRe above described premises.
C-Premiwm on sud~ mort9sge 9wranty Insw+nce as mortgagee slwll from t~me to time deeen fit to cary on the losn secured Ixreby.
j Mwtg~ge~ shall from time to t~me notify morlgagor in writing of the aFnount due and pay~bk hereu~der ud wch wm shalt thereupon be due and
C payabl~ on the dw daM of tAe neat monthlY p~Yment ~nd ~ach wccessiw month thercafter until mortyayae sh+ll notify mongaga of a chse~ge in suc~
I amount. 5uch suins aMll bs spplied by mortgsyee towud the psyment of real property tsxes, inswanu prem;ums. ~nd mwtQaye 9uaranty insun~a
I premmwns.
~ IN WITNESS VYHEREOF, tl+e id MORTGAGOR Ms here~mM s~t his h~nd and sesl the day and ys+r f'vst afaessid.
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~7~-ye=~!/ /L~~~L a f~!~
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STATE OF fLORIDA `
~ St. Lucie j -
s.~. ~ P.,,a„u,, ,pp.,,,,d r~v e re t t L. ti ~ d dl e ton .,d
Norma E. Middle ton ~ W;f~, ro„w we~~ known .rd kr•wn w nN „ b,
ttw Gd'iridwb dacn'b~d in ~nd who ~xecvtd ths forepoirg irotrunent. ~nd adcnowledped bafore me that thsr exacwed th~ ssmt tw tM purposes
,t,~„~ ,y,d Norma Mi ddleton
w;f. ~ ,ti. Everett L. Middleton ~ , ~ ~,;~,p
examwution by m~ qken ~eparsN ~nd aput from her ~aid hwbaid, adv~owl~dped b N+d before rtM th+t sM exewt~d taid instrumeM heety ard volwr
tarily wd witFaiR uqr tompulsion, aornb~int, +PPrehen~i~n.~far of a from Iwr asid Iwsband. .
WRNESS my h~nd and offici~l seal tlrs ~ day of D. 19
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FILEO AND RECOROED' "~'~ry P~aK .nd fw tM Sute of Fbrida at lup~ ~
R.nn~ to: ST, LUCIE COUNTY. FIA. My ~o~n~+„'~°n ~x~n" '
wa F.d.ra~ swt~. a~o«~ ti.o~.~~ R F f~n R f` a/E RI FI E D . Not~ll PMbic. St~te al Ftaidi at t~
PK.a. 16143s c~~~. E~~ 3. ~b~
Fort Pierce. Fbrida , b.a.e h wn«K,. F.. a cW.rr ~I
• '67 NOV 3 AM I I: 2 ~~~~c;;~ ~.i
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nO~C~ i•0'3R~S ~ i q
CLERK CIRCUIT COURT ; ;~E~~''`~- ~j : ~ , ;
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= BQOK 16p PACE 2884 ~3~ ~ . ~
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