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HomeMy WebLinkAbout1187 3. To plact and cauinuoush? ke~P a? tFK buUdu+ps now a Mreattw utwt~ on s~id 4nd and on aU equspment ~nd ps~son~lly covK~d bY thi~ na~p~ p~, with ~I) prsmiw+R ~her~on P~id ~f1 ~VII~ Ii1~ iniuranci In t!~ vswl iundard policy fwm, r? • swn ~pprov~d by th~ MORiGAGEE. a+d winds~am intwanc~ in ~h~ vswl seandard pol~cy fam, in • swin app~ov~d by rM M10RiGAGEE; ie wch companY w coi»P~s rM MORTGAGEE msy d'iwdt u~d ~tl f'a~ a..~ wW?dtarm insurana potici~s on ~ny oi sa~d buiW:npa. ~ny inte.a~ ihe.~:n or put tAe~wi, in tM ~pp.eyau tw.~ ~Eaef+~d a in uuets thenof, ~hall cantain tM uswl i~and~rd ~nargays~ c~a„s~ o. such aM. claus. a~ ~M Maq+y« m+y r~qu~n. m+?inp tM bcs ~e~+ sud pd4 wa, sack and ~very. WY~We w sa~d MORTGAG[E u~ts ie?~e~cs~ may ~ppear. and ~sch ~nd ~vKY s~ Po~KI? tihall b~ p~anPrly ~u qr+ed u+d d~livered ~o ~ny Mld ay s~id MORTGAGEE u(wtha iecwity ~o said mort~+~ d~bt, and. no~ ku ~Mn ten /~0) days in advanu of ~h~ eapration of e~cA Oo~icY. w de~ livp to w;d MORTGAGEE a renew~l lhcnof. Io~t1+N wi~h • rece~pt fw the pemium ot wch ren~wall and thsr~ sMll be m fa~ or w~~+di~ain 'v~sw+nc~ d.ad a+ .~r of s+d e~?~+~~~s. .mr :nterat tM.ein a p+rl ~hsrwf, unless ~e tM ~uni and wi~h ~h~ bss p~yabl~ ai ~faesaids and in ~l+e ~ve~~ any ~.,m pf nw„~y b~COmes p~y~pl~ w+der wch pul;cy o~ polici~s aid MORTGAGEE shall Mw rhe optan ro.oceiw and ~pply tM ~ oe +ccow?t o1 tM ind~btad- Mss wcw~d I~eby w a p~rmi~ s+id MORTGAGORS ro ~eceiw and us~ ~t a~ny ps.t ~FKreof Iw other pu.posea. w~~hout thr~eb~ wa~~~~~g a unpair- 1rg +nY pu~ry, li~n w ryht ue~de~ a bp rirhie of tha more~ay~r u+d in ~M ~ven~ a~d MO~t~GAGORS sh+ll (w any rsasoe+ fa~l ro ke.p ~he s+~d prsa+tass so iinwed or fai! lo deliver promptlY any of iaid polKi~s ot insw~~ue ro sa~d MORiGAGEE, o~ ta~l promprly to pay fuNy any pr~miwn ther~for a in a~ nspect f~il w pe~foan, d~xh.r~. ~xear». ~(f~ct. con?o1Ne. complY wirh ~nd ~bid~ by th~i covenant, or any puf hsrwl, sa~d MORTGAGfE m~y plac~ and paY for wch inw:anc~ or ~ny p+rt ths~cof w~thout wah'ag or ~ff~ctNq ~nY optan, lie~, equ~hr. or r~ht wdN or by virtw d t!?~s Matyap~. ~nd ths full amoum of t+ch and every wc1+ WymK?t shill b~ imrnedi+tely clw and p+yabb and ~h+ll Dear intKest trae? tie~ dab thcrsoF vntil paid ~ t3N rat~ ol iw~e pa «etvm per annum and eo~e~her witA wcl? interest shal! be secwed bY tM li~n of this mort9~y~• ~ 1. To pKmit, cannut or suffer no w~st~, hnp+'umenl a deterior~tan of s~id prope?ty w any put thereof• S. To pay alt and wgulx the.costs, chuyes u~d eape~scs, includirg a reasonable a~rwney s fe~ and cosn of ~Mtr~cts of t~tk, incurred w p~~d a~ ~ny ~;,ne by iaid MORTGAGEE, bewus~ or in rhe ~wnt of the fa~lwe on ~he p+n of t!+~ said MORTGAGOR to d~ly. p.«np~hr +~d fup~• pe~form, d~schuga ~:acute. effsct. tompkt~. comptY w~th and abid~ by ~+ch and every ~he stiputatans, ~greernenss. conditio~s ~nd ooven~nn oi said pron?issory note u+d tEis ~~9+~ +^Y o~ either. ud sa~d cosn. chugss u~d eaperne~, each and every. shall b~ immed~atey due snd psy~b:e: whethe~ w not there b~ naice dr m~nd, ~ttsmp~ ro oollact a svif p~n~~g: and tM full anww?~ of e+ch and ercry such p~yment sMll be~. ~nteres~ iran ~he da~e ~hsreof unril wid a~ ~he ~ r~re of nine per centum pcr annu~: and all said ousrs, char~es and c:penses incwred w paid. fops~her w~~h suct+ io~er~st. sh+ll bs secwsd by tM lan ol this ~9+9~• ! e, ilwt (~J in the event oi any bre+ch of tlw Mortgs~e o~ deh~lt on tM put of tM MORiGAGOR, o~ (b) in ~M ~vent ~ny of s~~d swns of aweky hsnin ~~fsrred to be not promp~b and fvly paid w~~hin tlwry (30) d+ys nex~ aite. the same sevcratly becane dw and payabM. withou~ demand a nor"~ce. or in th~ ~wnt e+ch and every the stipulstions agrsaments. cond~~iw~s and coven+ots of sa~d promisswy note ~nd th:s mortya~e any or ei~her ar~ nw luly, pro~r~tly snd fu1;y performed. d~uharged. e:ecured, effecred. completed. complwd with ~nd ab~dcd ~y. then in ei~her w u~y such evau the s~id a¢ prqat~ swn mentioned in saia promiuocY rwr~ then remainirg unpaid. with inre.est ~cuued, and atl mw~eys secv~ed hereby. sh+ll become dw and pay~ aW~ fathwith, a theresfrer, at the opt~on of said MORTGAGEf, ~s fv:ly ard comple~ely ss if all of the said wms of ma?ey were a:g~n+tly sBputated ro be pa;d on such dsy, anyrhing in sa~d promiuo.y note or in-~his Mor~ysga so rhe ca+~:ary ~otwi~ha~u~d~ng: ~nd ~he.eupon or therea(ter at the oPtan of said MORTGAGEE. wi~hout norke a demand wit at law w in equity. therefore w there+fte~ begun, may be proxcuted as if sll moneys secured has::y 1Nd IMTWld pf~i0! lo ib inStituli0~1. 7. That in the event that at the beginn~r+g of w ~t ~ny rime pending aoy w~t upon this Mo~tgage, or w fwecbse lt, w to rofwm it, w to enfwu paynnent of any cl~u.~s he?eunder, said MORTGAGEE shsll apply to the Cwrt hsviag jurisdKrion thereo( (or the appantment of s Receiver, svch Cwrrt shall fortliwith sppoi~t s receive? of said mortgaged property all ~nd sing~rlu, ioclud~ng all ~nd singulu the income. prolib, iswes and revenves from whateve~ sance derived. each and evcry of whith, it bcirg expressly vnderatood, is he?tby mortgaged as if speti(ically u1 fw~h and destribed 'a~ the yr~nting and Mbend~m dauxes 1+ereof, a:.~ h Rrc:i~e. sl?ail have aU ehe bro~d and effeaive funct~ons and powers in anywise entrusted by a Cou~~ ro a Rece'rvsr, and wch ~ppoinrment shalt be mrde by such tourt as ~n admitted equity and a m+ne~ o~ absolu~e righf ro said MORiGAGEE. and wi~Fwu1 reference to the •dequscy w inadeqwq of the wtue of the propcrry morty+ged w to ~he save~cy o~ ~~so~veocY of said MORTGAGOR a the defendants, ~nd rhat such renrs, profib, incane, iu~xs and revenues shatl be applied by such Receive. sccad~n9 ~o the lien a equity of s+id MORTCsAGEE and the prxtice of such Caxt. 8. To duly, pranptly and fully perform, d'ncharge, execute, eFfect, compkte, comply with snd abide by each and every ths stipvlations,, sgreemenn, cwdit~ens and covenants in sa~d promissory not~ u~d this mortgsge xt fath. 9, iMt in the even~ the ownership of ~he mo~tg+ged p~e*o~ses, or +ny part thereof, becnmes vested in a person other thsn the MORTGAGOR, the MpRTGAGEE, its wccessas snd assigns, m~y, without notice to the MORTGAOR, desl with such succesao~ w wccessor in int~rest with refer~nce to this mor~9aye ~d the debt hereby secwed in the same manner as with Nbrtg~gor without in ~ny wsy vit~sting a d~scharg'ug ~he Ma~yagors' li~bi~ty he~r under or upon the debt hereby secu~ed. No s~k o( the Frem:ses hereby mwtgaged +nd no forbear~nce on the put of the_MORiGAGEE w its svccesson ; or suig~ and no ezrension of the time fw the payment of the debt Mueby secured given by the MORTGAGEE or its wccesson a usi9ru, sl.alt operat~ ' p rekase, dischar~e. ~fy cMnge a affect the aig~nal lisbil~ty of the MORTGAGOR herein, either in whok a in put. # 10. It is speNfically agreed that Yune is of the esunce of this contrut and that no wsiver of any obligatan he~ew~der or of the oblgation sr ~ ayred hereby shall at ~oy time thercaFrer be held to be ~ waiver o0 the terms hcreof or of the instrurn~et secv~ed herby.- ~ I1, tn add~tioe~ ro the faego:rg monthly payments of princ'pil snd interest requwcd by the p?om~swry eo~e secwrd hereby, mortgsgw covenu?ts , snd agrees to pay to mortg+gee with esch monthly payma+t an add~rionsl sum est~mated by mortgagee to be equal b 1/12 of the amwl cost of the follow- i A-All real property taaes levied or assessed agai~st the above described resl esNte. B-Premiums on fire and windstorm ~nsu~ance as herein requ~rc~ to be carried a+ tl+e improvements situate on the above descr~bed premises. C-prem;ums on such matgage gwr~nty inwrance as ir~ortgagee shsll from t~me ro Yune deem fit ro csrry on the losn secured hereby. Murtgagee shall irom time to time notify matgagor in writirg of the amarnt due and payable herevrde~ ~nd such sum shail thereupon be due arwi paysbk on the due date of the neat monthly ~uyment and-each success:ve m«+th thereafrer ur.til mortgagee shall not~fy mortgagor of a chsnge ir? such r em:ums and mort wran insurante mort ' toward the t of re~l taxes, ins~ snce gsge ~y all a ied P? 9 arnwnt. Such sums sh be PP~ bY 9+9K P+Y^K^ P~~Y • p~e~niwns. C IN WITN WHER said RTGAGOR has herevnto set ha hand arr! xal the day year first af~i~l. sg~,~, ~ Pc~~ of: J ~ , ~ n ~ STA?E OF fLORiDA ~ St. Lucie u- courm oF ~fa~ ~~„a„~~y,~,~~ C lerabel Van Tuf 1. a widow ,j to me well known and known M me ro bs tht individw4 described in and who exer~ted the foregoing inst~wnent, and ackrawledged before me thst SF~ executed the same far the purposes N~erein eapressed , wif~i-~.~~id , WITNES~ my hand u~d official seal thi f ~ A. D. 19"' ~ u~ ~ • ' - - - ,.;~t~~~~u..... _ i N tay Public in srd for the Sute of FloTidi; M'C~i~e . ; O / My Comm~ssion expires: ' a~w.~ ro: G~~p~ First fc~deral S+~rings a tosn Assoc:ar~on ~(L ~ 1 1~OTARYPUBLlC. STATE of FLORIDA ~t (A(~Q', Of io?r P~erce. O PN~ ~v~~`~".`' MY COMMISS+07~ EXPI3ES NOV. 29, 19~ _ fwt Picrce, F~or~~vG~~ r~•_ SONDED TNROUGN FRED w, o~c~rEWp~ - ~ . c` . ~ ~ 5~~~. ~J . . ' - ~ ' v ~ V y y ~ _ ,61 c~C ~-`°,2`~,~;"~;: : o~R~ -'r ~ rao ~ ~ . ti~ ~ _ ~`y,• :~S ~ TaA CJ~Z ; c°~ = °fc-+'6~=~~;_ Tq upf ~ ~ G co ~tic=` G~~R h. R pT~°=1E. ``f ~ , ~ ~ ~ 4 ~ / ~ a/ ~ R `~~~~:v~ Q` . 800K PACf ~~~5 ~ . ~ - _ ~ _ '.A~