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HomeMy WebLinkAbout0125 • , ~ t . i . ~ , ` To plac~ ~nd ca?t(nuoualy ke~p on th~ buildirgs eow a he~~~fN~ ~itwN on said land ~nd on ~II eqvipn+~nt ud p~non~fy cvv~?~d by thii matp~ p~, with dl pr~miwrs tMr~on pa~d in futl, fit~ insuranu ~n th~ ut4i) ~undud policy form, ~n ~ swn ~pprowd by tM MORTGAGEE, ~nd winditam tnwrana M th~ ~wal standard polrcy forr~n, in a wm approv~d by tlK MORT('sAGEE; M wch c+ompany o~ companip a tM MORTGAGEE m+y dihttt ~nd aN fir~ and windsa?m insvraaa policiy on ~ny of faid build~np;, ~ny intensl 1Mrein or parf tMr~of, im ~h~ ~~patt w+n afonsaid or in ucass Iherwf, ~hall conqin ~b~ usual atandud matys~ cl~us~ or i~ch otl+K clauw a ti» Matp~ maY nqu'a~. m~4iap tM Iws ~ndN iaid pol} cip, ~ach ~nd ~vKy. p~Y~bl~ W~id MORTGAGEE a~ in inttrest may ~ppsar, ~e~d each and every t~?cA potiq ~MII b~ pranptly ~a:9~ed ~nd d~liv~red ro ~ny held by said MORTGAGEE ~s funF?K sscuriry ro uid monpap~ deW. ~nd. not I~ss tMn ten p0) days in advanc~ of tM ~xplr~twn of ach pol~cy, to dr IivN 1o iaid MORTGAGEE ~ r~e?~w~l therwf, topNMr with a receipr far rM prNnlww oi wch ~tntwall and tMr~ ~hsll b~ no f'u~ w wi~ds~am Inwra~t~ plac~d on u~y of ~aid bvil~n~s. ~ny intsresl M~r~in or p~rt 1Mrwf, unl~u Fn tln fomi ~nd with 1F+~ Iwf p+y~bl~ u ~fa~aidj and in ths ~wn1 any wen of mw»y becom~s p~yaWe v~d~r wch policy or polici~s said MORTGAGEE ~MII Mw tM option ro ~~teiw ~nd appty th~ sarne on accov+» oj th~ Ind~b~~ n~u s~cvr~d hKeby or ro psrmit uid MORTGAGORS ro reuiw ud vs~ h a aey put thereof fw o~her pur~es, wt~hout ~he~eb~ waivinp or impair- inp ~ny puity. litn q ripht ve~de~ a by virtw of this nwrtpa~J u+d in tM ~veet ~id MORTGAGORS alall ta ~r?y rtawn fail W ke~p 1t+~ said pr~mish w iniwed, or iail b ddiver promptly any of taid policies of intwsrw ro wid MORTGAGEE. a fai! promptly to p~Y fully any premium ther~fw o~ In any rsspect f~il b patocm, diachu~e, ex~tvt~, ~ffeN, oompl~t~, oomply with and abitl~ by ti+is coven~nt, or aoy pan henof, said MORTGAGEE may pl~te sr+d paY fa such huwanc~ o? any p~rt tMreof without wslviey a ~ff~stinp uiy option, ti~n, puiH. o~ rpht w~de~ or by vir?w of this Matpap~, ~nd tM +~i~ •„w~,~r ot .ach .?~d ..~~y wcti P,~~ sh+u b. ~+~»d~r.y dw .~+d P.raa. ~nd sMll Ma? intK~st f~«n tM dat~ thsreof uotil paid N tM r~t~ of niM p~t centwn p~t anrwm and together with iuch intaest shsll be secund by tht li~n of thit matpape. To p~rmib canmit or suNer ea wast~. knpairment or deterior~tion oF said ptoperty o~ a~y p~rf thenoi. 5. To pay dl and sinpular ths tosls, charp~s ~nd expe~ne~, ~ncludinp a re~fon~bl~ ~ttorney': fee and oo~n of ab~t~acts of title, inturr~d w p+id ~t ~ny t&rw by said MORTGAGfE, b~uus~ or in tIK ~wnt of the failure on tht pan of tM uid MORTGAGOR to d~ry, prompty and fvlly pMform, dycAar9~ exesvte, effsd, canplst~, comply wit6 and ~bid~ by ~ach ~nd ev~ry the stipulations, sgreemann„ cwxlitions, ~nd oown~nn of said promiuwy nots and thu mwtyap~ any or ~ither. u+d said costs, cha~qes and txpe~wes, each and every, slwll b~ imm~diatcy due and p~y~ble: whether w not tMre t» noria da mand, ~ttempf W colktt w svit p~ndinpj and tM full ~mouM of tach a~d ~very svth payment shall bsa. interest fran the dats thereof until p~id tl tht rate of nine per ce~tum per ~rn~um; and all iaid cdst~. cMr9es and expenfes inaxred w paid. topethtr wilh wch interqt, shall b s~cwed by tM litn of this +r+atp+p~. 0. if?N j~) i~ the ~vent of any b~each of this lNort9~ a def~~h on th~ put of the MORTGAGOR, a(b) in tM avent ~ny of said ~vms of money herein r~fsrred ro be oot promptly and fully p~id within thirty (30) d~yi next after the same severally become due and payabla w;thout demand a noYKe, or (tJ in rhe ewnt each snd ~very the stipulations, +greements, eonditions snd coveeMnts of ss~d promiuwy note a,+d tAis mwtpape any or ~iti?er ~n nol ~uly, promptly. and fulty parformed, ducharged, execvted, ~ffected, completed, compl~ed with ~nd abided by, thee~ in either w any tuch ewnt tha aid ag preyrte sum m~ntiw~ad in s~id promissory npts then rsmaininy unpaid, with intersst xuued, a~d all moneys satwed I+er~by, sMll becom~ dw snd p~y~ abls forthwith w th~reaEter, at ths option of said MORTGAGEE, u fi?Ily and completely as i1 ~II of the ssid wms of money wer~ o~iyinally ttipukted ro be pald on s~rch day, a~ything in sa;d prom~ssory oote a in this Atiwtgsge to the eontr~ry r?otwirhstandinp; and thereupon or there~fta at the option of sa;d MORTGAGEE, without notice a dem~nd, suit ~t I~w w in equity, thereforo or ihereafter beyvn, may be prosecuted u if all ma~eys sacund hereby had matwed pnor to iri institutia~. 7. TM~ in the event tl»t at ths begi~ning of or ~t soy time pendirg soy suit upon fhis Mortgsge, or ro forecbse ir, o? to reform Ft or to ~nfort~ paymem of any cla;ms he~eunder, said MORTGAGEE sMll apply to the Co~rt Mving jurisdK~ion thereof fw the appantma?t of ~ Receiver, such Co~rt shall fortFiwith appoint a rece7ver of taid mortgaged property all and sir+g~lu, includ~ng all and singutar the income, profits, iswes ~nd revenves from whatever sovrae detived, exh ~nd every of which, ir beir~ expressly undcrstood, ia hcreby mortgaged as if specifically set forth and dewibed in the pr~ntinp snd habendum d+uses hereof. and such Rcceive. shsll h~ve all the broad ~nd efiecrive funct~ons and powas in snywise entrusted by a Gourl to s Receive~, and •uch ~ppointment shall be made by wch Cou?t ~s ~n admitted eqvity and s mitter of absolute ~iqht 1o said MORiGAGEE, and w;thout reference to the adequsep or insdequ~cy of the v~lue of the propefty mortg~ged o~ to the wnrency or inwlvcncy of said MORiGAGOR or rhe defendann, and that sueh re~~' profits, intome, iuues snd revenues sh~ll be spplied by svch Receivcr Kcordinp to the lien or equity of said MORTGAGEE and the pr~ctiop of wch 8. To dvly. promptly and fully perform, dxMrye. execute, effect, complete. comply with ~nd abide by each a~d every the stip~rlatioru, agreemenb, conditioro aod coven~nts in asid promiuory nots snd this mort9sg~ +7~'•jbrth. 9. That in the event the owruvship of the mortgyed prcmises, a any part thereof, becomei vested k? s penon other tMn the MORTGAGOR, ths MORTGAGFE, Fts succeuors ~nd au~pro, may, witlwut notice to the MORTGAOR, deal with such wccesior w successor in iMereat with reference to this mort9aye ~nd the de61 hereby sccvred in the ssme manner u with Mortgagor wi~hovt in any way vitiatag a discharpirg the Mortpagon' liability hcra under or upon the dcbt hereby secured. No sste of the premises hcreby mortgaged a~ no forbesrance on the part of the MORTGAGEE w its s~rccesson w augm ~nd no extension of the time fw the payment of the debt hereby secured given by the MORTGAGEE w itt succeuon or sssi~ns, tihall operaN ro release, disc!?uyt, modify change w affect the aiginal IiabiGty of 1he MORTGAGOR herein, either in whole w In part. 10. It is specificaUy agreed tf~at time is of the essence of this contract and that no waiver of any obliyafion heieunder a of the obl~ation se- a.red hereby shall ~t any time thereafter be held to be a waiver of the ter~ hereof or of the instrument secured herby. 11, In add~tion to the forego:ng rtwr+thly payments of princ'pDl and 7merest required by the promiuory note secured hereby, mortgagor covensnts and agrees to pay to mortgagee with esch mon~hly payment an add~~ional sum est~mated by mortgagee to be equal ro i/)2 of the annual cost of the !ollow- ing: A-All resl property taxes kvied w assessed against the sbove desttibed real estate. B-Premiums on fire and windstwm insurance as herein requ~red to be urried on the improvemcnts sit~ate on the above desuibed premises. C-Premiums on s~ch mwtgage gwrsnty ~insurance as mortgsgee shstl from time to time deem fit ro urry on the loan secvred heveby, Mortgagee shall from time to timQ rwtify moatqagor in writing of the amount due and payable Fxreunder and such wm shall there~pon be dve and paysble on the due date of fhe next monthly payment and each successive mont~~liere+fter u~til mortgagee shall not;fy mortgagor of a change in wch amwrnt. Suth sums shall be ~pplied by mwtgapee toward the p~ymcnt of roal property taaq, insurante prem:um;, and mortgsge guaranty inwr~nce prem' . N ITNESS- WH , the said MORTGAGOR Ms herevnto set his hand +r+d sesl the day s~d year first aforesaid. ! f and li in the pr e of: - ,'E ' ~ ~ . ~s~ _ - ee~~~ ~-n ~ - . E STATE OF FLOR(DA ~ € COUNTY OF S t~ I.~l ~ A ~ S5. 1 ~ b e fore m~ penona lly appesr e d A 1 rie t t a S ~ ~ 8 9 ~ 8 W 1 d O W ! ~ Iws~:fe, to me weN known and known to me fo bs ! = the indiridw described i~ snd who executed the fotegarg instrument, and adcrawledged before me that t~~xetuted the same fw the purposes ~ therein expres~ad. /~Ofd'f11R sAei- a ~vt1~o1 ~I~t'f+11d ~ ~ f wmio~tioo ~y. Vk~ t~p~~at~ ~.apasl i~iar 1~e~. ~.iws~awdr +oMr»v.t~l~i ~o-sw~ kiKe-~ ~s~ki-i++s+n~ne?er fnelt ~+d-+~elar t F .~awt~?~~witl~rl.a~qr-e~rw~wl~iow,-c~rtwi~tr~pP*eiKKw~e~re~-fe+r-of~fiw~i~er~~ ; WITNE55 my h~nd snd official seal th:s ,~_C~.~ day of ? A. D. 19_9~t_ a ` ~ ~ ~ Not~ry Publ;c in and fw the State of Florida ~t lsrye ; My Commission ~xpiras: I i-~(~ - 7 ` Return To: MOTARY PUBUC. S1AYE OF f4~u~uA R~l:dt~E y Fiat Federsl Savings d. loan AsaociatEon • MY COMMISSION E~(PIRES NOY. ?6, 197i °f F°.~ P`~"°. FtIED AND RECORO~D' ~°M°E° TMRUUrM FR .O W. O~ElTCLMONli ~ F°`T P""`. F'°"d' ST. LUCIE COUNTY. FLA. y , , ~ - Rf_CO~~ VF.RIF!EO ~ ~ 163552 ~ . ~ ~ _ ~ .J : . r. '68 JAN I 7 ~MM 9 : 53. . ° = • f : ~JD ~ . ~ : ~ : . ;:..=,~.~r~~?~t •~n~~;,~ FY -~~=-~G~;e~ --s. £ Fi:,i ~ ~.i ~l ~n _ - ~ . fi:p: ~i~ ~U'1 t~.t.5 ' _ c ~ oi fu~i ~'i~;i.? CLERK.CIRCUIT COURT • . . •'-'r ~ ~ ~ ~7 z r 4' , `Y ~ ~.L J,~,.,,, ' 800K ~~O PACE ~~5 _ ~ _ 'f~ • - - . . _ ~ ~ . ° ~ : ~ _~c~ ~~w;:, ~ - a~