HomeMy WebLinkAbout1585 To plaa u~d con?uwa+shl w+P on ~M b~i~dirg~ now w I+K~afnr ~nu+b on ~d la~d and an ~II puipnwn~ ~nd p~++~h ~whd b1? t~+ ~a'
p~, witA all pnn~iwA thu~ p~~d in tul~ fin inswincs ~n d+~ wwl sand~rd pol~cy Mnn, ~n ~ ~wr? +PP~owd btl tly NIJRTW?GEE. aod wind~wnw
Yaur~na M ~M wwl u~nd~rd poGc~r fon0. N a sum +Pp~owd b1l ~M MORTGACsEE. in wch ca~yw~f? w comP+r~a ~a tM MORiGA~3Ef ~n+y
dinaj ~nd ~11 fin M?d w:nd~arn~ inw.aeo~ policia on ~ny of said buildr~p~, wh? inNhs~ rMnin or put th«wl. in MM apq~p+~~ ~n afor~td or
M ~aaa tMhof. tAall contain t!w wwl Nandard ~na~9+p~ dwa~ a wd~ othw dws~ a th~ Morp+pe~ nwY nqvK~. nwkM~ r!r lo~s wd~ sa~d po1i~
ciN. wch and ~wr1?. o~+raW a s+id MOtTG1?GEE as in Inq.su mar wP~+~. +~d ~ach and ~w.~r wch paie~r sh+U b. promptN ass:9ned and d.~iw.ed a
anr Mld by ~id MORTGAGEE af fwtlwt s~axiry to said maq+9~ deb~. +ed~ nW I~sf tlw~ ae~ (100! J+p tn advano~ of tht ~xpM~tion of t~eh poliey. ~o d?
livn w a~id AAl1~ORiGJ?GEE s rarw~l ~Mnof. top~~h~r ~rith ~ ~sae~pt far the p~v~iwn oi wch r~wab and ~h~n ~MU M no Pk~ o~ wirdfwrrn iro~xww~
plao~d on ~ny of wid buildtnpa, a+b i~u~nst Maein a pwt ~M.wf. w+l~ss in tl~ iw~'aid with tM loa paYaWe ~s ator~id: and in tM ~wnt uiy swn
af naMy b~oo~ W/able wdM wch pdky « po~'xi~s saW JNOrtTGAGEE sMil INw tM opt~on a noeiw ~nd applr th~ ~ on aoca+m o1 tM indebad~
nps acw~d Mr~ a ~o permtt uid MORTW?GORS ~o ne~iw +^d us~ N a any pa.~ tc.er~of fw o~he~ pwpoaes. w~~hou~ t~ebf w~ivi+y or i~np+k-
inp ~e~r p~ib. ti~n a ripht uadw a br virtw o! thb nart9ap~t wd in tM ~w~t s~id MORTGAGORS sh+ll Eo. +eqr nason fail w k~p ?h~ s+id phmis~s w
insw~d. o~ ~~il q d~liwr DranP~b +~1? of wid policws of inswsna w satd MORTGAGEE, a fail p~ompty w pay ivlM ~+1? P~~~^ tMnfor w M+ u~r
n~p~ct fail b pKfom~ ~uhary~. exKVN~ ~ff~d. canPINR. oa+~PM witA ~nd ~biil~ bp this cownant, a ~ny put Mr~of, ss'k+ MOItTW?GEE may pl~a and
Wr for wd~ tmw~nca or ~ny parf eMnoi w~
a+~iahly
~dw~+rd~piy~abN a ~i~b
ar intin~it fran tM d~+t~ ~I~reof unh4 ~Morq+pe, and t~
t~u ~no~ of .«h .~a w..r ar~
~w,~ p~r anp+e~ pM «rw+m ~rd toy~tl+N wiM wcl+ hterest sh~ll b~ secwsd bp tM IiM of this a~o~p~.
1. To p~+i4 oomnst at wffK no wat~ M~irment w deterior~tion of said ptopMy a~y p~tt tlwrwf.
S. To pay all and irgular tM'ooab. char4a +^d ~xWnu~. ~hr~p s rsasoeabb a~~anw~y's te~ snd cosb of ~bshactt ef ti~b. incwred a p+~d
~ny tL.w by ~id ~MORTGAGEE, b~cws~ or ia tl+~ ewnt of the (~il~n on tM p+~t ef Th~ sud MORTGAGOR w duhr. pra~Wb and fully pKfonn, dixhuy~
ueacvt~, ~ffsct. oanPlsN. oomplY with arni ~bid~ bp sKh ~nd w~y th~ stipulatio~a~, apraemanh,. c~liom. aed oovee~nb of ~aid pr«nisw.y noh and t!w
,norep+p~ +eY w ei~her. u~d aid aosn„ dwqss and ~aprw~. ~ach and ~wry. ~hall b~ imn~dNtely due u~d p~y~bl~s wMtFw. a na tMn b~ ~~oi dr
a~w~d. ~tNmpt to cotbect or wN p~ndnps ~nd tM fvU xnount of ~sd~ aew! er+rY ~ WY~t sAill bw intertst fran th~ d~t~ tMteof until p~W al ~hs
~ah oi ~wit per ceetwa pu +rowmt and a!1 said obsh. chu~es u~d expenses uwwnd w paid, foyether with wch intapl. ~11 b~ aecw~d by tl+~ li~n of thit
~q+~
0. ilrt in tM event of aM/ brtath of thb NM~1Qa~p~ a d~fault on tM pr~t of th~ MORTGAGOR. p(b) in tM ~vant ~ny of utd w~ns of ~non~r
h~nin nf~md to b~ iwt promptty and fvliy pi:d we?h+n tlwty (30) d+ys nenl ~fter ~M sa~ severauy become dw u?d payab4. withow dunand a norioe.
or (c) h tM ~w71t sach ~nd ~wry tM stipubtioi?s. +9r~naNS. ca~d'rions and aovMSnn of s+~d prw~i~ssorY nae ~nd Nws map+pe ~ny o~ eithe~ u~ ool
io s.
~Y. P~~Y fv~h P~.form~d, d~scharped. ~aecuted, tiftc~ed. campteted. c'anplied w~rh ~nd ~bided by, th~n in eitha or ~ny svd~ ~wnt ti» s+id a~
prq~t~ swn me~tionad in s~id pramiswry note tl+~n remaiiwrg ~nP+~d. with inrerest accrued, and all moerys seaxed her~by. ~hatl baeome dw and WY-
~W! (pfAW11Fy 01 tF1t(NffN~ at r!w oprion of said MORTGAGFE, ~s t~~y ud ea~.~eh +s if all of rhe said swm of morKy va~r~ wipinalty sHpubted
a b~ paid on wch d~Y. +nYtAinp in sa~d praniasory noro or in this Mo.t9aye w~M conuary nawirhsunding: ~od thereupoe~ a ther~ahv ~t tM op~an of ;
said MORTGAGEE. without noriw a denwnd. wit ~t lawr or in pvity NINlFOff Of fIllfNNN bs~un. m~y be proxcvted u if dl monsys s~cwed Mreby ~
h~d maturtd prqr ro in instihrtion. - '
7. That in tM wa?t tMt at tM begiMirg of or ~t any time peed'ug soy wit upon this Mwtyage, w to faeclos~ it, or to nfam it, or ro snfo.c.
p~yenent pf any daims hereu~der. wid MORTGI?GEE sh~ll apply b the CouA havirg jwisdiction thereol for ths ~ppo~ntment of ~ Reteive% such Cour1 sh~ll
fortMviM appoint a receive~ of s~id mwtp+ped property all u~d sinpular. includug all snd singvlar the income. profits, :ssws ~nd •~•~eeues from wMt~ver
so~rp d~rived, ~ach ~nd ~very of wh;ch, it beirg acpressly unde~stood, is hereby ~natg+9ed u if specifically set fath ~rd dac•~ -sd in tM q•antirg and
Mp«di~n daw~s hereof, and wch Reuiver ~Irll have ~II tlN brosd u~d effectiw fw+ct~ons and powcrs in anyw~se entnnted by a Lowt to a ReceivK. and
wch ~ppointment sh~lt be m~d~ by wch Cowt u an ~drnitted equity.and a m+ne~ ot sbsolwe right to s~id MORTGAGEE, ared without rsferenoe to ths
ad~quacp or in~deq~~cy of th~ valw oi the prbperty mwt~+ged or b the sohrency or i~so~veocY of said MORTGAGOR w the defendann, a~d ~hat such
nnn„ profiu, incomq awes ~nd rwsnua ih+N be +ppGed bY wd~ Reuive~ +awd~np ~o th~ liee or puiry of wid MORT('sAGEE and the practia of wch
Gou+t.
a. To d~dY. P~~P~~Y +^d ~up P~(o~• d:xh+~~e• e:eaite, effect, oomP4te. oomplY with u~d abide by e~ch and ~very thr stipulatio~a„ aprcemMb,
oa+ditiom and oovsnw?ts in said promasory note and tAis mortgag~ sN forth.
9. Th~t in tM event the ownc+ship of tl+e rnort9+yed Premiaes. w+eY Pa~t thueof, beoomes vested in a penon otha tMn the MORTGJIGOR. th~
MpR1GAGEE, Ns wcassoa and assigns, may. witha~t ewY~oe to th~ MORTGAOR. deal with wch successor or suaessw in ieterest with refe.e~ce b th7s
' mortp~ ~nd th~ debt hereby secured in the s~ne en~mer u with Mort9spw without in ~e?y w~y vitisYug or d~sch+rpinp the Mort~s~as' li~billty herr
u~+der or ~~poe~ rhe <kM hereby secu.ed. No s~le of the premises l+ereby mo.tyaped N+d no forbeuance on th~ pan of thrr MORTGAGEE or in waesson
p uigns and no ex~rnsion of the time for the p+yment of the debt hereby secvrod yiveo by tba MORTGJ?GEE o. its successws or augm, sh~ll opera»
p rekas~ d~xlw~~ modif~r cMrg~ w sffed the original iiabil~ty of the ANORTGAGOR haein, eitMr in whole a in psrt. .
10. h is spec~ficslly ~g~eed that time is of the essence of this ca~tract and IMt no waiver of ~ny obtig~tion herevnder or of thi oblip+tion sr
a?r.d hsrsby sMll my ~i~n. rhereaha. be held ro be • wa~ver of ~he rer~ hereof or of th~ instrumen~ secwed herby. _ ~
11. In add~tion to the fwego:ng ~rhh P.ymenn of princ:ql ~nd interes~ required by the prom7uory note secwed hereby, mo~rt9~gor coven~nb _
. and a~ees ro pay ro mongagee w~~h esch mon~hy psyr~e+,r sn ~dd~riona! swn es~~mated by mortyagee to be eqwl w 1/12 of tMe anrwal cost of the follaw-
~^9=
A-All real property axes kv~ed or assessed agai~u~ the above described re~l estate.
d-Premiums a~ fire ud windstorm iruwanu u herc~n requ:~ed w be ca.ried on the improvernents sitwte on the above dexribed premises. j
C-P~emi~wns on s~Kh ~nort9age gwr~nryr inswsnce as mortg+gee shatl from time to time deem fit ro tarry an the loan secvred hereby.
N{ortgspee shaq from time to time notify mwtgagor in writing of the amax~t due and p~y~bk herevader and such sum sh~ll thereupw~ be dve and
pay~bl~ on tht due date of the next montfily payment snd exh wccess~w month thereafter until mortgspe~ sFWll notify rnortgagw of a charge in svch
amount. Sud~ sums ahsll be spplied by matgsyee towud the payaknt of red property tsas, ins~xance pran:ums, snd mort9age 9wranty inwrance
P~~-
IN WIT ~ e " MORTGAGOR hss hereunto set his hand and seal the day and year Pust aforasaid.
- s«~ ~ .a - or: F~LEp AND RECORDEO',~~/~J~/' ~ .c~
ST. LUCIE COUNTY, FLA. ,~,n =
RECQRD VERIFIfD ~
16255i `
rs..n ~
'6l OEC 12 AM 9: S I i
n~~ ~ ! Q, ~
St. Lucie i u' d•
~,~.P,,,,,,,~w,~.,,~ Laura B. Hen~O~~s.~ ~8~~ le adult. individuellv. and ~x
8s trustee ~`~K RCUIT C~URT iCic~JG, w ~»,~,~n ~a w~+ w~ w e.
th~ Ind'i~idwM desm'bed in ~nd w!a executed the foreyoinp &~stnwnen?, ~nd ~dcnowkd~ed before me that~7~ xewted the same fa the purposes ;
lherein ~p~ewd. ~Yd~Ctlfixi7`i~ 9C1@
+l[~.~741~7~i~C ~~7~~xi7G~~~~T
]i~il~C#~cflvlbJG~t Idl7iil~3felldf~l~il~al[76Z7~c3~T~4ZZiTraiGi ~i5i7C
~l[D~741R4Ui~f~C~411C10i6pf+l~iWCI676lCa1blC~ilE~dfi~7irlCfl~rKEf7~o~y~odS~dCi7GZ ,
WITNESS n+Y h~nd and offidal stal tFi~_ d~y of A. D. 19~ '
ary Public in iw the Sutt of Florida ~t larp~
My CorMnission
Return Ta .
- Rrtt Fderal Savi~gs 3 lwo Associat~w?
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