HomeMy WebLinkAbout1514 to plaa ~nd coMi~wovshr k~P o^ H» bwldinp~ now a h~nah~? sitwN on aa~d Iw~d and on ~U pulp.nNa aod pKanalry cewnd bY ~~~P
pw wiM ~ pr~a~iu~A tMr~a+ p~iJ in (~Il, tin iruwano~ in th~ viw) sundwd pol~? fa~, ~n ~ sun~ approwd b1l tM MORiGAGEf. ~nd wind~wrm ,
leau~~na M tM v~w) itand~rd polwy fa~, !n • wm ~pprov~d by ~M 1KORTGAGEE. in wch canpa~~tr w cawA+~s +s ~M MORTGA~3EE nwy ~
dir~d~ and atl fr~ ww! wind~arm LKwaea PdK»+ a^ ~ny of t~i~+ tiwld~np~, +M? G?ro.+u tlw~in w pw the.wl. h th~ pqrpaq we? ~fa~ssid or '
h uo~s~ d+Kwf, ~lwll oontain tM uswl pandad mor~ et+us~ w wd~ MI+M davs~ a tl+~ Mort~spe~ nNr naui.~. nwkinp tM loa~ ve~ ~aid pdb . i
cwa. ead~ ~nd svaY. arablt a s~id MORTGAGEE ~s in intKest may apptar. and satA ~nd ~wry a+d~ Po1K1? sAa11 b~ prompNl? ass:p~ed ~nd de~iv~red ro ~
~ny MW dy wid MORTiAGEE a hKtha wcwity ro s~id ~iortp+pt dsW. and. no1 less ~n tM l1~ d+yt H+ +drana of tM ~xpk~tion of e~d? po~itll. b d~ ~
livw b aid MORiGAGEE • n~wd tF~wf. ~op~dw~ with • ncNP~ fa tlw p~~ntwn of wch nnewal; and ~hsn sMll be no ~K~ a windsto~m hswana ~
plaad on ~ny of ~+W bvi~d'mp~„ w~r intaat ~M.~in w p+r~ *Mrwi. w~l.ss in ~M fonn'~d wi~b tM Iw~ payabl~ as ~fwts~id: ~nd in th~ ~wnt ur/ swn ;
of nwn~r b~eonN~ p~yabM w+dM weh polkf? a polie»s s+id MORTGAGEE shaU Mw ~ option a:~aiw and applr ti» s~ on aowwH o1 th~ i~~d~be~d~ ~
rnsa s~pK~d hasbr or b psnnit s~id MORTGAGORS ro na+w +nd us~ it a~ny part Merw( tor orher pwposes. wi~how ~h~reb~ waivu.p a~mp~ir-
~~0 +R1? puib. tiwn w ~ipht w~da « bp virtw d ~hi~ narsyp~j and in ~M ewet s~id MORTGAGORS ~h+ll fw +ny rtason f~il w Ics~p ~!N ~+id pr~mise~ w
~swad a r.n a d.rw. womWN +~n? ot ..~d ~~aes o~ ~n~w.~+o. a.s+~d +NOrtTCwcE~. « t,a aomaM p o+r fi+ib +~w w•~ tn...fo. a~ a~m
nsp~ct faU b paFoaR diiclwpe. ~x~cv». ~ff~c?. Qompkf~, oomply wiih and abiJ~ by this cownant, a any psrt ha~of. said AIIORTGAGEE :!uy plac~ and
WY for wd~ iiawa~a or wqr p+rt tMreof w~thou~ w+lvinp a~ff~ctinp +n~r eWion. UM, puwb, w?~pM wd~r « by virtw of this Mortpap~. ~nd ~he
full an?o~~ of .+ch .nd w.rr M+d+ wy~ sh+ll b~ immdwr.y dw u~d parsbl. and sMq bsar tn~u.s~ hao rM d.n ~lweof wuil pa~d a~ ~h. wh of
niM pw pntwn p~r am~Hn ,snd wgNAer wiM wtA hts~~st ih+ll b~ sstwtd by th~ IiM oi thit mo~p~.
4. To p~neib oomnrt a wfitr no wsst~ b+p~inne^t ar dtterior~tio~ of s~id p?opatp or ~ny pwl therwf.
5. To pay all aid ainp~lar t!w ~cost~. chir~s +"d ~xW^re~ incl~+d'~^D a rsasa?~bM ~t'orn~y's 1~ s~+d oosb oi ~bsnscts of titl~, Fnnw.ed w pid ~t i
any Hn~. br sad MORTGAGEE. bcws? a tn ti+e wen~ of ~M failwe on N+~ pan of tM s,d MORTGAGOR a du.y. wa++Wh a~d h,ih ps.fw~n, dacn~.y~
eaecvt~. eff~a. aompl~ta aomp~Y with and ~btds bp e~cfi «~d every ~M stipulation~, +p?semems. co~d'tioro. and oown~nh of s~id pomissoty nW~ ~nd this
~~9+~ +^Y w ~itiwr. and ~aid oosh. charp~s +e~d ~xpee~ea. sach and ~vary. ~hsll M i~+mediatelp t!w and pay~bk: whell+a a no~ tMr~ b~ notici d?
m~nd. ~t»mpt to ootkd a a:it pendagr +nd ~he tull amount of ~ach ~nd waY ~ Wm~~ shrli bex inre?es~ fran ~h~ da~~ tM.w! ~?nBl p~id ~t the
rste of nin~ per atntwn pv an~w+k ~nd ali said t8sts. chu9es u+d expNws intvrred or p~~d. 1opNher wi~h wch inra~. ah+l! b~ acwed by tM Iwn of tiw
morq+pe.
a. 1'1w1 (+J in th~ ~wnt of ~ny bresch of this Mo.tysp~ a defwh on Nr put of th~ MORTGAGOR, o~ (b) in the we~t ~ny of w~d wmc oi mon~y
he..sn nfund ro b. na p~o~ry and fuly P.~d wi~hin tFr.ty (30) days next after Uw san+~ severally becane due and paYaW~. withou~ dMnai+d or rwtio~.
or (c~ ir. th~ ewM each and w~ry rM shpulaYwra. ~eema^». conditions and cown+nn oi s~~d panissory ~ot~ and Nrs mwrp+9~ +nY w a~Mr ar~ ool
i~y, prompHY ~nd fully perform~d, dsclwped, ~xscv~ed, ~ffected. canPkted. con+P~~ed w~~A and abided '~y. Nwn in eitha or any such ~wn~ tM said a~
pra~a swn rnN+tiaNd in sad promisaory noM then ranaini^p w?W7d. wirh interest atcrued. and a11 moneys setured Iw«by. sh~ll becan~ dw and p~Y'
abl~ forthwi~h, Of thltNNN, at tM option of said MORTGAGEE, as fvlly and canpletely ~s ii atl of the said wms of narwy ws~s or'q'~n+llp st~pvlated
io b~ pa:d on svch dsY, anYtlur~y in u2d promasory eote a in this Mat9ape ro rhs cal~rary notwithstanding: and therevpon or thaeafter at th~ op~ion of }
s,id MORTGAGEE, withovt na~u w dem+nd, wit at la~v w in eqvity. tAcrsfore or thereafte~ be9un, may be proaecoted as if all ~ys s~cvnd hereby ~
had rnitWW pri0~ ro iq iiWitvtion. _ ~
7, ih~f in th~ evsn~ tAat ~t th~ beginwng of or ~t u~y time pen~ ~oy w~t vpon this Mortg~, or to forectos~ it, or to reform it, a to enfo?a
paYment of any d~ims haeunde?. s~id MORTGAGEE sMll apply ro the ~axt having jwisdiction thereof for the appantment of a Receive~. wc6 Cowt sh+U
For~Fiwith ~ppant a reoeiver of ssid mort~+ged property ~I) and finpvlar. includ~ng +II and s~ngulu the incane. pofits, iuves and revenucs frpn whatever
sowa daived. exh a~d every of which~, it beinp txpressly unders~ood, is I+ereby mortgaged as if specifiully set fath and described in the Qrantinp and
habendwn clavses hereof, ~nd such Reoei•e+ shall h~ve ~II the broad and effecNve fvnctwro ud powers in anyw~se entrwted bp ~ Cowt ro a Receiva. and
s~ch ~ppointment sha11 be iw~de by wch ~owt as an ~dmitted eq~iry u~d a m+tter of abwl~te rtght ro said lNORTGAGEE, and wirhovt MfHlfKf w th~
adeqwcy a inedeqvacy of tM v~lw of the prope?ry rna~ysqed o~ to the wwcncy or inso~vencY of s+id N10RTGAGOR a tl+e defendants, and ~hat wch
renn, profits, income, iswes snd rtwnws sMll be +pplied by wch Receiver sccordiny w the lien or equity of s~id NIORTGAGEE and tM praetia of wch
Coutt. •
& To duly. P~wnPrly and fvlh P~?(orm. d'isch+?~. execvte. efisd. conwkre, comP~Y w~~h and abide by each and every the stipuiarions, apreemena, ~
co~d'itiona and covenants in said promisswy oot~ and this mat9age aet forth. _
9. TMt in 1hs eveat the ownership of tAe maty+0~ Pnm~ a+~+Y P~ thereof, becon+es vested h• penon other Nrn t!~e MORTGAGOR. th~
MORTGAGEE, in wcceu«s ~nd assipns, rnay. wid+out nofice to the MORTGAOR. deal wifh such auaesw~ w wcceuor in interesf with ~eterence ro this
mor~yiy~ and the deW he~eby secvred in tM s+m~ m~mer u viri+h Mat9sgw witlww in any way vifi~Yrg or d'ochup~ag th~ Mort~ayod li+bility here.
under a vpon fhe debt hereby secured No Wh of the ~emises hereby mwtgaped +nd no fwbearaeo~ on the pan of tM MORTGAGEE or its succeuws
w~uipns snd no e:tension of the time fw the payment of the debt hereby secvred ~~vee by the MORTGAGEE or in wccessors w asspns, shall opu~t~
ro rekase, d~sdrry~ a~odh ch+~ge or aHect the orig++~l IWbiGty of the MORTGAGOR he~eiA, either ie vrhole or In put.
10. It b speciP~caly agroed tMt time is of the e~sMCe of thw contrad snd th~t ea w~ivar of u+y obligaYan hereunde? a of ths obl'g~Yan s? ~
a.red hereby sMtl at any tirne there~fier b~ held ro be s waivn of the terms hereof a of the instrument secured herby.
11. In ~ddition ro the forego:ng monrhly psyments of princ'p~l and inrerest required by the prom:sswy oote secvred hereby, mortgsgor covensnts
~ and sgrees to pay w mortg+gee with each mon~My payment sn addirional sum estimated by mortyagee ro be eqwl b 1/l2 of the annual cost of the folbw-
ing:
A-All resl prope~ty taxes kried or assessed agai~st the +bove desuibed real estste.
b-prem;ums on iire and windstorm iasurance u he.eGn req~:red to be orried on the improvements sitwte on the above dew~bed premius.
C-Premivms on wch mortgage guaranty inswaace u mwtyagee shall irom t~rne ro time deem fit to csrry oe the loan senrred hereby.
Mortys9es shall from timp to time notify mortgagor in writinq of the anwunt due snd payabk herew.~ urd such wm shall thereupon be due u~d
''i pay+ble on the due date of the next nionthly payment snd tach sucoessive month thereafter ur:til mo~tg~gce sh~ll notify mortgagor of a charge in such
~ amount. S~ch surns shall be spplied by mortgs~ee toward the paymcnt of real property taxes, insurance prem:ums, and mottgaye gwr~nty irovru~te
premi~NM.
N WIINESS EOF, the s~id TGAGOR hss hereunto set his hand ~nd sesl the day and year fint ~foresaid.
E ~ . ~~ti~~~.~? n
~ ,
9
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STATE OF fLORIDA ~ .
Saint I.ucie
couHnr oF ~
e.f„~ ,p, ~,,,~,ny ,~,,.a Ray L. Risher ,~,d
fidna L. Risher W, M,;r~, ,o ~„e r„~n known, ,,,a k,aw+, ~we w b.
the trtdnidwb desv~bed in ~nd who e~cecuted the foreyoing instni.rer?t, and sduwwledged before me thst they execvted tFe same for the pwposes
therein ~~cpr~s~ed. Md th~ said_IIA..~ * II'i e?~~
wife ot tM wid Ra~1.,~, R~s~iPS' . ~pp~ a separaN ~nd priv~»
e:unin~tion by me ttken stpa~+te snd apart from her s+id husband, ackr~owledped b an~,~efwe m~ tl+~t she e:ecvted said instnxnent freefy and volv~
tarily ~nd withovt aror comp~dsion, cantraint, appreh nsion, or fex of w f~om id lwsbsrd. .
VYITNESS my Fund and official seal thi _ day of ~ sA. D. 19~
- 1~lWary PuWic in snd for the S fe o Florida ~t iarp~
My Commission expires: 4 9/
~ Retwn To:
Fust F~dard Savinpi i Loan /lssocisYao •
Of Fort Pieru. • , 1\!+ • ~ ~~'~i
. ~ ~l. '
~ % '
~ ~
; .
~ P;~.«, F~.~ FlIED AND RECOROEO ~ 8.~.
ST. LUCIE COUNTY. FLA. ~_i: ~ ~
Rf_CC?RD :'Ert~FIEO : ~ : ~ ; ,
NYIA~Y FY~LIC. =TAiE Of FLONDA AT LA~SE . Q,r
M~ COMMISSION E~(PIRES NOV. Z6, 1971 1~~Co~ ; O~' ~ ~
........u ~MMVVbM rw_o w. o.c~•c~MO~s: t) ~ • ~r ~ -
~fi7 _ . : ;
DEC I I AM IO : O7
'T-~? •,t," i~i.'~-
i~'~"~ ' . ~
~ ~o~~~: ?QITR~GS
CLERK CIRCUIT COURT
t- ~ a~x169 P~E1502 ~ ~ ~k