HomeMy WebLinkAbout1205 To piaa ~nd oootiMw~aly kNp on tM buildi~ now a hK~aftN situat~ on uW iw~d and on ~II equipnent and p~rwna~iy oova~d by tN~ nwrta
•p~, with all pnmiw-4 tl+awn p~id in fvll, iin GI1Vt~M~ in ~Ir ~s~al standard polky fonA, ~n • wr~n ~pprowd by the MORTGAGEE, aed wincbtam
tr?wxar?c~ In t!r utwl ~tandard pol~cy faen, tn a wn+ ~pproved by th~ MORTGIIGEE. in wch canp+nY a ca^P+^N+ IM NWRTGAGEE nwy
dtnct~ ~nd all fu~ u~d wiod~tonn iowrMa polkih on ~ny of Nid buildieps, any Mt~m1 ther~in o~ p+~t tMnof, In th~ ~pp.eq~h wm aforqaid a~
In ~xaa 1Mrwf, ah+il cont~in tb~ uswl ttu+dud mort~~ dava~ a such aMr dws~ a th~ MatyapM m+y rpuw~. maAMp tF+~ loat unda said polE ~
cip, ~ach u~d ~wry. p+Yabl~ b s~id MORTGAGEE a itt ie+tetat may appNr. ~nd e~ch ~+d ewry s~?ch poltq shall be promptly ~u:ye~ed M+d d~livK~d to
eny Mld by s~W MORTGAGEE u fwthu wevriry to s~jd monyap~ d~W. ~nd. nw bs~ th~n hn (1~ day~ tn advana of tM ~xpb+tion of ~aeh poliey. to eN-
IivM ro wW MORTGAGEE • rN+ew~l thsrwf, wp~~Mr with a rocsipt fw tM pemivm of svch nnew~l1 and d+K~ ~hall b~ no fin a winduam insu~a~+a ~
pl~ad on ~ny of ~aid bulWinps, any iotKat tMr~in a paN tF~~of, unl~ss to tM fonn'and with tM loss p~y~We as ~fa~iaids +~d in th~ ~VMf My W1I1
of nwn~y becprNS paYable w~der wch polity a policia taid MORTGAGEE sh+ll !?~w th~ option ro nulw ~nd ~pply tM s+m~ on ecwun~ o~ th~ ir~bt~
n~u acvr~d Iwr~by a ro pKmit ~aid AAORTGA(st"~2S ro nceiw ~nd ~ h a ~ny part thereof fo~ o~her purposes. w~thwt thxeb~ w~ivinp a impair-
Iep ~ny puity. li~n a ripht w+d~~ or by virtue of thh mortpsp~j ~nd in tM twot said MORTGAGORS shall for aoy r~awn fail M keep tM saW pnmise~ w
iniur~d. w fai) b d~livK promptly any of s+id policies of inwnnu ro taid MORTGAGEE, a fsil promptly fo pay fulty ~ny premium therefp w fn ~ny
rnpM bil to pKfonn, diichu~e, execvte, ~ffM, compl~ts, oomply with a~d ~bid~ by this cov~n~n~, a any psrt lwnof, s~id MORTGAGEE m+y pl~ce and
paY fa wch irowu~ a s~+p p~~t tM?eof without wslvirp or ~ff~ctinp +~r optiay Ik~+, puiry. or ~ipht u~ w by virtw of ti?1s Matp~p~. and th~
full ~rnoirn~ of ~ad~ uid ~wry wd~ payrMen sh+ll b~ imnediat~ly dw ~nd p~yabb and shall bw inhrnt from tM d~t~ tMrwf untU p~id a~ tM wtt o1
nin~ p~. cseh,m pa arowm u~d to~e~he~ with wcA inter~st sMll bs s~cw~d by tl~ li~n of thi~ ~nat9ape.
1. To p~rmit, aomrnH ar suffa no wuty Mnp+irmem or deterioration of said propary or w~y paA tMnof.
5, To piy sll ~nd sGpular ths tosts, tharpss and expenses, incluilinp ~ ro~son~bk attwney's fe~ snd oostt of ~bshacb of title. inc~rred a p~id st
sny ti~n~ by said JNORTGAGEE, b~caus~ a in ths evtnt of th~ fail~~~ on tM p~rt of tM taid MORTGAGOR to duly, promptly ~nd fvly perfwm, d~xMrgR
execvte, ~ffsd, oompl~t~, oon~ly with and abide bp ~ach a~+d ewry the ttipulstioeu, ayre~men~s, caditio~w and oovenann of said promissory not~ u~d this
mat~ay~ any w ~itlw~. and said costs, chupes and ~xpeeses. each and ~very, slwll b~ ierwaedistely dw ar~d p+yablet whether w rat thtn b~ notici ds
muid, ammpt ro oollect or wif p~idin~t and tM fvll arnovn~ of wch ~nd way wch p~yment sMll besr Interest fran Ihe dat~ tMreof uotil paid ~t tM
rote of nins per centum ps? x~wm; ~nd +11 said c8sts, thupes and expsntes incvrred o~ p~id, toptlhq with such inter~s4 ~h.lt b. a.cwed br ~M Ii.n of ~ha
n?ort~p+•
0. Th~t j~) in tM ewnt of ~ny b?ead+ of this Mortya~ or default on the p+rt of th~ RAORTGAGOR, or (b) in the we~t sny of s~id swns of ma+~y
herein nferr~d ro be not prompny and fully p~id withi~ thirty (30) days n~xt after ~M same sever~lly become due and pay~ble. witho~t dsrrwnd w notkt.
o~ W in th~ wMt ~ach and ewry th~ stipulations, ayreemenri, conditions ~nd coven~nh of said promisswy not~ a~d this mortyap~ any a either are nol ~
iuly, prompNy ~nd fully pe~formed, d~xMrped, executed, effbcted, compkted, complied with and abided sy, th~n in eithtr or u?y such ewnt th~ said ap~ ~
pre~q wm mentiakd 1n said {xomissory noh then rsmaininy unpaid, with intassl ~tu~ed, u~d all moe?tys secvnd her~by, sFMll becan~ dw and pay- ~
•b!~ fOffMNitA, Or tlMtNftN. s1 tM option of wid lNORiGAGEE, ss fully ~„d canple~dy as if ~II of fhe said wms of mon~r wer~ aiginally atipulated
to be paid on such day, anythiny in said promissory note or in thia Mortgage ro tM cona~ry notwitMt~nding: and Ihereupon ar thereafta at tM option of
seid MORTGAGEE, without notice w demand, wit ~t laar w in puity, therefwe or thaeaf~er begvn, may be prosecwed u if dl mooey~ s~cvr~d hereby
had matured prior to ib institution. ~ ~
7. That in tM event tMt ~t the beginning of o~ at any time pendirg aoy wit vpon thn Mwtgage, o~ to fweclose N, w to roforrn it, w to enforc~
paymant of any d+ims he~eunder, s~id MORTGAGEE shall apply to the Co~r~ having jurisdiction thereof fw the appomtment of a Raceiver, such Gouit shall ~
Fortliwith sppoint a rcceiver of said mort~ged property all and sinpvlu, intludmg all and iugular the income, p~ofin, istuea and revenue~ fran whstaver °
wura d~rivad, esch ~nd every of rvhicl+, it beiny ~xpressly undcrs~ood, is I+ereby mortgaged as if specEfically set fwth and desaibed in the pra~tirq and ~
habend~m davses hereof, snd such Receive~ sh~ll h~ve ~II the broad a~d effective funct~ons and powe~s in aoywise entrwted by a Court to • Receiver. ~nd ~
•uch appointment shall be made by such Court as an ~dmitted equiry and a matte? of absolute right ro said MORTGAGEE. and witAoul rtferer~ce ro the ~
sdequacy or inadequacy of the wlu~ of the property mwtga~ed o~ to the sotvency o? ~nsolvency of uid MORTGAGOR a the defendant~, and tl?~t wd+
renn, profits, income, iuues and r~venws shall be applied by such Receiver sccwdiny to the lien or puity of said N10RTGAGEE and the practics of such ;
CovA.
8. To d~ly, promptty and fvlly p~rfo?m, dischsrge, execvte, ef4ect, compkte, comply wi~h and abide by ~ad~ snd every tl+e stipulation~, ayreements,
conditam and covenann in said prom~ssory not~ and this mortgsge set fwtF~.
9. TMt in the event the owrK+ship of the matgsyed premises, w any paH thereof, becomes vesfed in • person other tMn the 1NORTCaAGOR, fh~
MORTGAGEE, in wcuuors ~nd suig~u, may, without notice to the AhORTC,AOR, deal with such suuessor or wccessor in intaest wifh reference to thi~
mortyay~ and the debt hereby setured in the same msnner as with Mortgagor without in ~ny way vitiating q distMrging ths Mwtyagws' li~bility hera
undc? w vpon the debt hereby secured. No sale of the premises hereby mo.tgsged and no fwbearance on the pan o( the 1MORTGAGEE or its waessors
w auig~n :nd no extension of the time fa the payment of the debt hereby secured given by tf~e MORTGAGEE or itt wcussors w auiyns, sh~ll operate
to releas~. dixlwrpe, modify th~ng~ or affect the aig~nal liability of the MORTGAGOR herein, either in whoie w in put.
10. It is ficall }
speci y agreed that time is of the es~ence of this contract and that no w~iver of any obligation hereunder or of tM obliy~tion se- f
a;red hersby sMll st ~ny time tixreaher be hetd to be s waiver of the tcrms hereof a of the instrument secv.ed herby. ,
t
11. In add~tion to the iwego:r+g monthly paymems of princ:p~) and interest required by the promissory note secu~ed hereby, morfgsgw cove~ants ~
and ayrees ro psy ro mortgsgee with each monthly payment an addirional wm cstimated by matgagee to be equsl to 1/12 of the annwl cost of the follow-
.
A-All real property taxes kvied w suessed against the above desvibed resl estste.
8-Premiums on fire and windstorm insurance as herein required to be carried on the improvemestts sitvate on the above desvibed ptemisea.
C-Premiums on urch mortgsge gwranty insurance as mortgsgee shall from time to time deem fit to carry on the ban secured hereby. ?
Matg+gee shsll from time to time notify mortgagw in writing of the amount due and payable hereunder and such wm shall thereupon be due and
payable on the due date of ths next monthly payment and each successive month there~fter until mortgagee shall notify mortgsgor of • change in such
amount. $uch wms shsll be +pplied by mwtgagee toward the payment of real p~operty taxes, ins~nnte prem:ums, and mortgage guaranty insurance
'4 premiwnt.
~ IN WITNESS REOF t id M TGAGOR hss hereunto set hit haRd ~nd seal the day a~d r fint afor .
~ Md.Sea nd i f: ~
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f ' ;
~n
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(se.q I
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t
STATE OF FLORIDA ~ ~ ~
~ St. Lucie ,
eefo.e m. p..,onauy appss.ea Narcord G. Miller
Atillie A. Miller hi, w;fe, to me we~~ known ,na known to n,e ro be
~ the ind'widwb dauibed in u~d who executed the foregoirg insnument, and scknowled~ed before me that they ~xecuted the ssm~ for tFk purposes
rr,~ro„, .:pr.~,.a, ,und d„ N~d l+tillie A. btiller
~ wife or ~h. s~w Harcord G. [~tiller „p,,, ,~rate ~nd priv~t~ i
~ exam'uaYan by me taken sepu~te snd apart from her said hus , acknowledged to end befon m~ that sF~ exearted s~id instrument heely and vo{uo-
tarily and witho~t irqr compubion, consiraint, appre ~ of or from her wid Fwsband.
~ WITNESS my h~nd snd offiti~l seal thi d+y of A 111 A. D. 19 ~
~ ~ -
iz
~ Notary P ic in ~nd for the State of Florid+ ~t~yp~l
s My Cortuniuan expi?es: .~4 -
Retum Ta ' ~ _t
~ First F~denl Savinps 3 loan Associstion ~ ' ~ . C~-~
Oi F«t P~erce. ~1'A~POBUCiSTAiE Oi FLORIDA it GRGB= U'~
p , `
~ F°~' PK'«. F'°';d, FIIED AND RECO, ISSION D(PIRES NOY. 2g. _ 1:' J~~1, c °
~ . ST. LUCIE COUPiTI~NROU6H Fp~o W. D/EST~~l~OOat: E, L~': '~_l, .
_ A i'.~ • J ~i
~ t,- r^ t,~ . ~ c~, .
~ This instrument prepared by j ~ " ~ . . ~
~ st ederal Sav. & Loan tissn. sss'4$ = • ~s~ - , -
# of Fort ' r e ' '68 APR I S~I I O: 4 8
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~:n:;:=~: ~~o; ~ F:ws
~ CLERK CERCUI~ COURT~ ~
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K 1 ~ PACE120~ ~
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