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HomeMy WebLinkAbout0970 ~ To ptao~ and oontiiwro~sN tNP on tM bvildinp~ now a M~~afrM w~wN on sad I~nd and on ~II puipm~nt ~nd p~sonally covKrd bY thi~ ~q~ ~ ~p~, wAF. ah p~~nw~n? ~Mr~on p+~id in iuq, f've insuranq in ~M us~~il saedard polic~f fwe4 ~ swn ~pprawd by tM MORTGA(3EE. ~nd wkd~bnw intuqnq M tM vsWl p~nd+~d po~K1~ fw~R M 1 swe ~PProv~d bp tM 1NORTGAGEE~ 111 sYCh oomPM+Y w ta~W~ia ~s tlr MORTGAGEE wa1? i c+:rKft and all fin and wind~wnn inswana Polici~a on any of s~W bui~d~np~, +eY in~~~ tha~in w pan tlw~~of. h th~ pq~p+h su,+ ~(orewid a N u[oNt tAe~wf, ah~ll oontain d» wwl qandard awrhl+OM dauw or sutl~ Wla~ dwN q tM Ma19+p~~ m+Y ^~V~~ ^~~^0 Ilr bas ww1K awd poli~ c~a. ~ach ~+d ~w+1?. wY~ a wd MOrtTGAGEE a~n in~mst ~n.y ~ppMr. ~nd ~+ch and wNY ~ PaKY ~1 b~ pra~p~h us:~~.d ~nd dNi~w~d ro •ny Mld by s~id MORTGAGEE as fweha s~cvrity w said morp+p~ deW. ud. nW Nu th~n hn (10I days in ~dvu+u of tM ~xpir~tion d~+ch po1KY. ~o dt , liwr N s~id MORiGAGEE a ~~+~ew~l tMnof. toqt~hN witA a nttipt tor 1M pn~niwe of wth rtn~w~l~ ~rod ~Mh ahsll b no f'w a wiedstam 1nswMa , pt+ad on ~ny of s~id buildnp~, ~:.t tnss.~u dw~in w put tFwwf. wJ~ss in tl» fonw'and witA tM loss p+Yabi~ as afons~id~ and in tM ~wM ~ny awe i ef mpny baconws p+Yable w~ wd~ pdicl? o. Polici~s s~id MORTGJ?GEE s~wU hsw ~M op~an a rsoeiw and ~pp1y tM wn~e on acaouM o1 tM ind~W~ o ici~a ' neu sacv~~d Mr~by a w p~rrrrt s~id At~RTGAGORS b ~eu1v~ ~rd w~ N p any part ther~of fw other pvrposts„ without thereb~ waivi~y) w imp+:?- i ~g +Mr q~~hl. ~i~n or ripM w+dN w by vihw d this mc»~+p~j ~i in ~M ~wwt s~id MORTGAGORS ~hsll fa sny ~~sion f+il to kNp th~ uid p.wn.ses w insw~d. a f~U ta deliwr PromWh? any of ~aid policies of inswww~ !o said MORTGAGEE. a f~il pra^P~~Y a WY W~h ~^Y P~~~^ thKtfa a in ~Mr n»p~ct fdl b p~ian~ d'iuhary~,. ~x~cvt~. ~ffM. c+ompN:~. coMP~y with ~nd ~bitM dy this covansnt. or ~ny put Mrwf, ssid MORTGAGEE may pl~c~ ~nd Wy fw wd~ Lawano~ o~ a+~r p+rt thc.eof witi~out ~r~Winp w aff~ctinp ~l oWion. I~n. Mw~l?. w rip6~ vrdM a by vtnw of this Morq~pe. a~d tM fu11 .nw„n~ of e.d~ .nd ~very wch p•ynrnt shall b. wtin~d'N~e1y dw ~nd p.yabk and ~h+ll b.ar inrsr.a kan ~h. d~n ~hereof waii p~id at ~M raa of nir» p~r cantwn qr s,rwrn and wpe~M+ with wch intsrat sh~ll b~ secwed by tM li~n of this ~nort~~pt. To p~nit, aomeit or wff~r no w~st~. iinP+'anKnt a daKiw~tion of ~aid property a ~ny pwt tl~wf. S. To pay ~II ~nd sinpulK tlw•ceafs. ctwp~~ +^d ~xpanei indud'~ + na~on~bl~ attaneY's fN ~nd oosts of ~bsnacts of titl~. incixr~d a paid at ~ •ny tLn~ by s+id MORTGAGEE. b~c~n~ w in ths ewet of ~M (ailwe on the pa?t of tM ssid MORTGAGOR a du1y. Pra^Pt'Y uK! fully pe.farn, d~scha.~ •xecvt~. ~Hsd. oomp~ete. oanPhr wieh ~nd ~d~ b1? t+~h and ~very the stipula~io~u„ ~preemenq. ca~d'tiom. and ooven+nts oi w~d p?arisso~Y not~ and ~1w ~ n+at~+y~ ~nY w~~~hsr. and s~~d eose~,. ehKg~s ~nd t:pse~ea, sxh and swry, sh~ll b~ YwaeJ~aN1r dw +nd P+y~b1t: whetMr or not thar~ M ewt~oi d~ ma~d. ~ttemp~ w colkct w wit pa~drg; and dw full amown of each snd r~l? wd~ WYment slwll bsa. ime.est from th~ da» tl~eof until p~W the r~•e oF nie» per centum pa arr~wn: ud sll said o3sn. chu~s u~d expenses ~naund a p~~d. top~~ha with wd~ ime~at: ~MII b~ a~cund by tl» Iwn of tha ~Y+N- S. 1Mt (s~ in th~ ~wM of any brexh of tlws Matysp~ or d~f~uh on th~ p~rt of the MORTGAGOR. a(b) in tM wenl u~y of wid swro of ma~ell hcre~+ r•fa~.d ro b. ea p.«nptb .nd fully p,d within thirqr (30) days eeat af~er ttK sam~ sever~ly beco.r~ due snd payaW~, without dem~nd a notiot. or !a in tM ~wM cach ~nd ~wry tM stipul~tioro. +9r~smen~a. oad'tions +~+d Qovsn~ms of said proinistiory rate ~nd th~s mwq+~e +oY a titha ue iw1 ivh. P~~h~ and fu11y pKfwnwd. d~schuped execvted. effected. canpl~ted. ca+iplied wirh aed ~bided ~iy. tfr~ in eitMr w any such went ths ssid ~ yr~M c n? ma+tiand in said promissory not~ then nmsininy w~paid, with intaeit ~cuued. and all moneya secw~d henby. sh~ll b~ca~e dw and p+Y~ abls forrhwirh, or thareafte~, at rh~ option o~ said MORTGAGEE, u futy and co~npfs~ely u if ~II of the s+id wmt of morwy wsn a'g'u?+Ily aHpulated ~ ro be pa~d a+ svch d+Y. +~Y~~ P~~^"L1OfY ^O1e a~^ this Mortp~e ~o IM tontrary norwithsundinp~ tF1lfl11POf1 W 1FIQlNf1N al fIM OPIip~ Of ~ said MORTGAGEE. withow not~u or dsm+nd, wi1 ~t law w in equity. therdon w theresher bepun, m+Y be prosecvted as if ~11 money~ s~axd Mreby had nn.nKed pra. ro in tiwihNion. 7, Thct in th~ went that st the beginniny of or at ~nr trn~ pendiny ~oy wit upon tha Morty+ge, or to foreclox N, or to refomn it, w to enforo~ PaY~+~~ of ae~r dairns he~~w~der. uid MORTGAGEE sh+ll ~pply ro the Cowt I+aving jwisd7ction thereof for the ~ppo~ntmerN of • R~ceiver, wch Cow1 shsll fwtliwith ~ppoint a reccivtr of saed ~no+ty+9ed properM all and si~gulu. indudug alt aed singul~r the incan~, profits, iswes ud rova+wes fran wh~teve~ souru dai•ed. ~ach uid every of which, i~ beEnp enpreuly u?~derstood. is hercby mor~9aged as if tpeaiically set fath and d~:-~bed in tM pr~ntinp and hebe~duin dauses hereof, and sucl+ Reuive~ sl»II haw ~II the b~oad u+d effective fwxt~ons and powers in anywise entrusted by ~ Cowt ro a Receiver, and such appointment shall be m~ by wcA Coun ss ~n ~dmitted equity and a mNte~ of absotute ripM to ssid MORTGAGEE, and without refereece to tM adaq~acy or inadeq~acy of the valw of the prbperry mwt9sged or to the aoweocr w~nsdwncY o( u~d MORTGA.iOR a the defendan», snd that such renn, profi», incane. awes aa! revenues sh~ll be applied by wd~ Receirer ~ccord'ug to th~ lien a equity o( said MORTGAGEE and the pwctice of wch Caxt. S. To duly. P~omPty ud fvly p~rfom~. dscMr~• executc, eHed. conpkte• comP~Y wirh uid abid~ by ead~ w~d ~very th~ stipvlations„ sg?eements. cw~d7tioes and eareewnn ~n s~d prom~sory not~ and th~s matyag~ set faM. 9. ihat in tM event rhe ownenhip of the mortg+9ed premaes, a+ny gwt thcreof, beoanes wsted in a p~rwn othe~ fhsn the /NORTGAGOR, th~ MORTGAGEE. its svcus~ors and suigra, msy, virithout ~otice to the MORTGAOR, desl wifh wch waessw a wccessor in inte~est wi~h reference ro this mortgpe and the debt hereby secwed in the same mamer u with Mwtgsgw wiflwuf in any way vitiat•.rg or d~scFyrp'~ng the Mortpagors' li~bility he~e- under or vpon the debt Aereby sccwed_ No ask of the premises hereby mortyaged ai+d no fabearance on the part of the MORTGAGEE a i» wccesson or auigra snd no e:tension of the time for the payment of the deb~ hercby secwed qiven by tl+e MORTGAGEE w its successon or assipns,.shall opaa» ro rekas~, d7sclwrye, ea~iy cMnge or ~ffect the «igind I'NbiGty of the MORTGAGOR Mrein, either in whole or in psrt. 10. It is specificatly agreed thu time is of the essence of this c~.!r~ct and tlwt no waiwr of a~r obtig+t~o~? hereunder a of ths oblipatao sa a.red hereby sMll at u?y time thereaRer be held ro be ~ waive+ of the terms hereof w of the iostrumem secwed haby. 11. In add~Yron to the fwego:rg monehly psymenb of prin~ p~l and interest required by the prom:ssory note secwed hereby, mortgagor coven~nri , and sg~ees ro piy ro~nortgagee with each monthlY paYment sn add~ions) sum estim~ted by ~nortgagee ro be equal to l/12 of the annwl cost of the follow- ir~: A-All real property ssxes kvied or assesxd aga~nsl the above described resl state. 6-Premiums on fi~e and windstorm inswurce as herein requ:red to be curied on the irnprovements situate oa the abore desaibed p?anaes. C-premiums on skch mortgsge gwranty inswance as mwtgagee shsll from time to time deero fit to urry on the ban tecured hereby. ! 11Rwtgsgee s!»II frwn time to time notify mw~gagor in writ~ny of the amou~t due u+d psyabte hcrounder and such wm shall tl~evpon be dve and ~ paY~bts on the dve date of the next monthlY payment and exh successive month thereafter uneit mongsyee sh~li not~fy nar~g~gor of s change in such I amount. S~xh sums shall be applied by mwtgagee toward the payment of real property ta:es, insurance prem:wro, and mortgspe gvuanty inwrance i ~ prertinNnf. 1 WITt~tESS EOF, the ssid MORTGAGOR has herevnto aet his hsnd and seal the day snd year first aforesaid. ~ de ' ed ti tM pres~nce of: - ~ ~ ' R ~ ~ ~n ~ STATE OF FLORIDA ~ SS. ~a,,,,TM ~ S t. Luc ie ~,o,,,u,,,~,~ Ma.rtha B Hefle~~ e widow. ~ ~S,r+fe; to me ,~en kr~own .~a ww~w~+ a me w b. ~ the in~vidwir desen'bed in and who execvted the foreyoirg instnwnem, and adcrawkdged befor~ me tt~t ircy e:ecuted the ss~rw fo? the pwposes 1 therein expressed. ~ad_~.~aid. ~ wif? ~F~M-s~ii - R~~'+' ~'P~~~ ~ ewa~w;waA~w~r ww u4ew ~e'arMe-~wd-+p~rf-~froiw -in+aaid-F~sab ~ekno~riedpc~d~ a~d 6efoe~-mr-ltwt shc exew~a~s~ Instrc~nt iree~lp"and ~ro!utr ~x~y?w~!-v.ilhaA-wipr-eaw~psbierr; censh~nr, eppielw++siv~ of-vr ~hus~nd. WIiNE55 my h~nd and offiaal seal 1~+ ~ day of A. 0. 19~ ~ Notuy Public in ~+d fa the St of id~ at tar~ M,? c~.~ .~.a: a 6~ RenKn r« Fvst F~der~) Ssri~gs i to~n I?ssociatan ' ~w ru~t. ~1te ~f Aoii~ at Lirq~ . O( Fort P~ce. . r • • ~ i : ` ? F°" P~~E(p`~NO RECOROEO i~y Coau~ss'an E:pres N~+. 3, t96~ , FLA. b.sd N A~wK.. fw a cr.r~. G: : . . • • ' : ST. LUC1E COUN7Y . ~ ~c pR~ vcRIFtEO ' i'i 3 ~ 4 ' t._C _ ' ~ : _ . C~ I " 162140 _ ~ jf o :v, - _ . ~ '6T NaV 2 9 AM1 10 • ~ Z ~ ~ - . . . . • - z. f:t1~:_~ ~ ~1? ~~S CLERK CtRCU1T COURT ~ ~ - g~K169 95~ . . , , _ _