HomeMy WebLinkAbout1651 Z. To pl~o~ ~nd cauimwv~ly kMp oe tM buitdinp~ eow o~ iweaftM ~itw*t on ss~d 4rd and on ~11 puipnwnt and p~non~lly covwwl b!I :hi~ ewrp~
~ with ~q pr«niw~R ~Mrwn ps~d in full, fin irau.~+c~ in tM vwal sandard polip? I~oan, ~n ~ swn y~wwd by Ny MORTGAGEE. and win~pwrn~
tnawaneo M ~M uswl ~undard pol+ey faen, fe ~ swn ipprwrd b~? d~ MORTGAGEE: in wd~ campany o? oaNpani~s a ~M MORTGAGEE nwy
d~nct~ ind dl tin and wind~toon ir?iw~+o~ pdiciea on ~ny of sud bui~d+nps. any in~a~ tlwr~:n vr part tl~wl. in tM apprp. w~w ~fona~id or j
~:c~ss t1K.wf, ~M!! aomah~ fIN ViW) ffit~lld nqfl9apM CIWft p wcA wM. cia~s~ a~ Ma~9+pn ~u+Y rWuin. ~a?~^Y N» loas ~wle. sad Pol~ ;
c~.~. ~ad~ ~nd wery. WYabN a said MORTGI?GEE ss in uuKar m~Y +Pp~+r. M+d sach and svery such po~~ey shail b~ p.on~iy ~ss:pe~d ind dtfiv~ed ro
•r.y hald by s~W MORiCsAGEE a tw+lvx secwiry b sa:d mortpa~ dsbt and. nW !t?s Mu~ tu~ (~01 d~ys io advaot~ of tlv ~apir~tia? oi ~ach PoGcY. a dw i
I~wr b ~aid MORTGAGEE • n++~wal therwf. Mp~~ha v?ith ~ rec~ipt fw tM pr«+wMe of wch reerwal; ~,d the.~ ah~lt M no fr~ a windsrorm i~uu~a~o~ •
pl~ad on any of a~~d buildiepa, any u?ur~st ~Mnr+ w p~rt +Mrw4 unlsss in tAe foaw'~nd with tM bu wYabM a~ afar~sa;d~ and in th~ swet any sw~
of mwry becar.q p~yabt~ w?d~r wch po!icy or pofci~s said MpitTGAGEE sh+ll h~w eM opnon a reoeiw and ~pplr tM wnw on accoww oY th~ ind~br~d.
nes s~cw~d h~r~ a w peimit ~id MORTGAGORS ia teaiw and u~e H w ~~y part tMrew/ for othcr pwpoies, wi~hout tl~xeb/ wai.i~y or Mnpaiti
+np ~nY pv~ry. li«+ a rgAt w~ds. a bp virtw d rhis ~nor~yap~~ ~nd in tM ~ven~ ~aid MORtGAGpRS sla11 fo~ ~ny r~ason tail to ke~p tl+~ ~aid pr~a+~s~s so
~ns~.~d, or fail w delivu PranptN ~r?y of s~id polKas of insww+n to s~~d MORTGJ?GEE. or fa~l P~a~+P~b ~ Wr ~N ~+Y P~•^~wm Me.efa w tn ~ny
r~ipea fdl b ps~forn~, d'ach+r~e. ~a~cv?~ ~ff~ct. e~n+plN~. tae~flY wirh ~rd abid~ by this covtnanl. a any pa.f bsr~of, said MORTGAGEE inay pl~p ~r+d
P+y Io? wd~ irow~nc~ or any put thKwf w~~hout wdvinp or aff~cti^Y +^1l pwh. a~ipiN ~wwlK a b~r vi~tw of ~his MorqpR, and tM
f~n a~w~M~ of .,c~ a~+d .w.y wch Payn»m sh+u b. ~n.~.»y dw .~d py+b+. a~d sti+u bw Nn..s~ han rM d.a rMrsd unri! paid a~ ~i~ r•N ol
rtiM P!f OMtW~I ~f iMYT aflfl t0~lHKI WIfA ltKA IINNlif fMII b! ilCWCd ~ NN IIM Of ~I1~ p10ft~~l.
1. To Permi~. canndt or wffa ~o wast~ MnP+irment or d~teriw~tion of s~id p.opKty a any pwt therwf.
S. To p~y ~p ~nd wgular th~.coat~, clwqos ~nd expN?s~s, incMidinp ~?~asa+~bl~ atran~y's fee and cosb of absn~cts of title, ~ed a piid a~
•ny tkn~ b~r ad MORTGAGEE. becaus~ or in ths ~wet of tM i~iluro on th~ pwt o( tM aid MORTCsaGOR 1o duly. p.o~npHy and fvlly p~.fa~, d~sch+.qt
execvt~. ~ffscf. ewnp~et~ oomply w~~h ~nd abid~ by Nch and ~vaYy ~h~ stipular~ons. apr~nenn. ea~ditioea, .nd oow.ynK of ~aid pran~uory na~ ~+d ~his
mortyap~ uiy w~itMr. and aa~d iosts. cMr9es and expenes, sach and ~ve~y. shaQ be immediat~ly dw snd pay~ble: whetha w ~w tMr~ b~ norioi ds
murd, atNmpt w coltact a suir pMdi~g: +nd tM tvll arno~wM ol ~ach ~nd ~wry wd~ p+yn?ent ahdl bNr ims.rst frorr? ~M dH~ tl~Ntof vnril
p~id a1 th~
rate of nir~ pt~ ceatum pa ~nnurt~; and all said acsts, char9es and expenses intwted or piid, lo~tM? wilh wch ints~~at, tbW b~ sKOred by tM li~n of thw
mort9+pe- .
d, ih~t (s~ h th~ event of aoy breach of Nws Morqa~ or <+af+ult on th~ put of t!» MORTGAGOR. or (b) in th~ ~wnt a~y of w~d wms of moMy
herein r~Ear.d ro b. ~a p.anprti and fvly pad wirhin ~hvry (30) day~ ~,ex~ ~frer ~h~ san,~ seve,aty becan. d„~ ~nd parabl.. withouf ds~n~nd a nake. t
or (d in th. ewnt exh arrd .wry tFr stipular~aw +9~eeen~an, conditioos and covenana of saJd pron+iuwy r+ot~ and t~w mo.tQap~ ~r?y w ~i~her ~re na ~
~uly. p?a~b ,~d f~iy p.,fw~+sd, d.xn~r~edi, ~xecuted, effected. car.~le~ed. ~a~l~ed with •r?d ab~ded Sy. than in e:thK or ~ny wd~ ~wnt tM s~id a~ ~
yre~N wm msntior»d in said promissory not~ then rem~iniig u^P+id. with intaat sccrued and all nan~ys s~cw~d Mreby. ah~ll bsaorne dw ~nd pay~ ~
abte fwthwith, a thereafter, st the oprion o1 said MORTGAGEE, u fully and canpktey ~s ii ~II of the taid swns of ~noeKy were wgin+lly a~ip~4led
ro be paid on wch day. an~?~Mrg in satd promtasory nore or in tius Mortga~e w ~he cont.uy notwi~hs~~ndMp: aad ehereupoe or fher~aha at tM op~an of
sald MORTGAGEf, without not;c~ or dem~nd, w8 at la~v a in equity, there(on or flltfNFfN 6eyv~p niar ba p~aescvted as if ill ~non~ys s~cw~d I~usby
had m~rured prwr ro~n intNn»~oe?.
7. ih~t in tM eva+f fMt ar th~ beg;~ng of or st sny time pend;rg aoy w~t vpon tMs Mort~e. a to fo.eclos~ it, or w?efo~n h. or to ee?fore~
paYment of u~y daims hereuoder, said MORTGAGEE sMll apply to the Court h~ving jw~sd:ctan the~eof for th~ appantment of a Recei+ra, wch Court sh~ll `
fatFiwrid~ ~ppant a recciver of said rtwrt9aged property all +nd siny~W. includ~ng ~II and sing~lu the i~cwat, pof~ts, issws and r~rerwies irom wM~~ver i
wurce deri,rad. each and ~wry of whKh, ir beinp enpressly ~n?derstood. is hereby mw~gaged u if spec:ficaly set f«~h ~+d dnciibed h the qrani and ~
t.abendwe davses hereof, and wch Receiv~r shall hare ~I! the boad uw! effeceive fvnct~or?s ~nd powers in anywise emrusted by ~ Coun to ~ Rec~cive~, and
such appoi~tment shatl be made by wch Cowt u an admitted equity and a m~tta of absolute right ro said MORTGAC,EE, ~r,d M,;rhoW reference to , t1~
sdeqvacy a in~dpwcy of the wtue of the prope?ty mony~ged or to the savency w:nwlve+ay of said MpRiGAGOR w the defendant~„ and ~Mt wch
rents, profin, incane, issues ~nd revenues sl~stl be apptGad by svch Receive~ sccwdin~ ro tM lien a equiry of said N1pRTGAGEE ~r?d tM practiu of wch
Court.
e. To duFf, promptly and fully perform, dis~harg~, execu~e, effect, c~anptete, compty with ~nd sbide
condirions and coven+nn ie said prom~ssory nore ind this mo.ry~ge set forth. ~ eacn and ~rpy th~ stip~rtaripa„ +QreertNnb. i
9. That in t!~ event the ownership of the mwt9+ped PrenusES. or u~y put thereof, becomes vested in a penon otlrcr th+n the 11MDRTGAGOR. th~
MORTGAGEE. iri wcceuo.i a+d su'gns, msy. wi~hout norke to 1he MORTGAOR, deal wi~h wcA waesso. a wccessor in ;nrerest wirh ~efersr~u ro Ihia
mo.tqap~ and the deb~ Aereby secured in the same manner as wi~h Mortgago. witlaw in ~ny way vitiatag or d'achuyirg the Mo~t9~gors' I;ability h~re.
under a upon the debl heYeby secured. No s~le of tAe ~emisea hereby mortgageel ~nd ~+o fo?bear~„ce on the pan of tM MORTGAGEE o~ iq wccessors
or assigns snd no extension of ~he time (w the payme~t of tix t~cbt bereby secured q;vsn by ttr MpRTGAGEE or its wcussors w sssipeu„ sfiaU operat~
ro releau, d"acMrpe, modfy cMnge or affect the aigirNl IiabiGty of the 1NORTGAGOR herea~, either in whole or in pirt.
10. It b:pecific~ly sg.eed that tims is of the essence of this cw?trsn u~d tMt no wa1.~u of an~r oblipation here~nder or of th~ oblgation sa-
a;red hireby shaU a~ any time thereafter be heW ro be ~ waivrr of the terms henof or of N» instru~nt iccured herby. •
11. In add~tien to the foreqo:rxj monfhly paY,neori of princ:ql u~d interpt requued by ilie promisaory note secwed hereby, mortg~gor cove~ants '
• and ees to to nar with esth mont =
+9~ WY ~9~ hhr pay.r~ent ~n add~rioo~I sum esGma?ed by :natys~ee to be eq~al to 1/12 of the a~nwl cost of the iollow- ~
~ng: ;
t
I
A-/UI reat properly raxes kvied or assessed againsf the above dex~ibed re~l est~te. j
B--Premiums on fire and windsform ;ruwance as hcrci~ req~:red to be carr~ed on the improvements situate on the above descr;bed prem;ses, ~
C-Wemiums on such mortg~ge gwranty insurance ss mo.tgsgee shafl from tine ro t:ne deem f;t a carry on the ban secured hereby. - :
~~9+9~ shs0 from time to time notify mwtg~gw in wriYmg of the smwnt due and paysbk here~~ier ~d wd~ wm shall thereupon be dve ard ~
paY+bl~ on ths due d~re of tM nexe monthlY payment and each succeuive mooth nc~rcafter uruil morty~ee shsll notify mongagor of ~ •
cl+arge in wch =
amount. Such sums shall be applied by mortgagee toward the p~yment of real propMy taaes, inswance prern:vms. ~nd mort9a~e ~uatan~y t~y~~~ ~
premi~tns.
IN WITNESS WHEREOf, the ssid MORTGAGOR has hereunto set his hand and te~l the da , fint af aeaid, ~
. Sg~»d. Stalad and 1' red in ti+e pre~erxe of:
I
t
a!~ ~ ~
K--n - F
~
STATE OF FLORIDA ~
courm oF Saint L_ucie
e.ra. m. p..,a„~W ,ppe,.ed Vietor B. Demores~ ~ ~
Ruth K. De~oYest ha ~re, ro me we11 known ~nd known ~o me ro b.
rhe indviduats desoribed in and wFa executed ?he f6ayd„y iasrnwnent, ~nd acknawledped before me that rhey exea,ted riw sams for rhe ywposes
?herein ~xpressed. Md Me said n~~«s~~~ 'i
!!0!'C~?
wife oF th~ s~id V; ~`tni? R~. n~~Q,it upa~ a sepsrsts and priv~t~
examin~tion by m~ bken sepuate and aps~t from her said Fwsb+nd. ~dcnowledged to and befwe m~ ttwt sM e:etutcd said instnrnent ireety and volun.
rar~ly and warhovt arqr cornpultion, consr~ainr. apprehensioo, or fear of or from hes s~;d
WITNESS my Mnd and offic:al sesl *1.:~ ~c3Tl d~y of
A. D. 191~1
Notary Ro in ~nd for the Su1t of Flo~ida at Lary~
Rst~wri To: MY lxpira:
FaT fsd~ral Savin~s 6 loan /lssociaYan
or Fo.~ p~,ce. . - • : ~ : : , . . .iotaiy ~ub~c. State of Flaida a1 la+yt
Fwt Pierce. Fior~ds t1 .:i ~ r . ~ (;p~y~ ~ EI. ~n
`;J~. . ir~l~e.~.B~ss~Lr. .
. N~ RECQ~~.. ~ ; ~ ~
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