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HomeMy WebLinkAbout2313 Lss9~s tililf JIiSTRUMENT WA1 Mlt~MRa THIS I8 A HALLOON YORTOA~iS AND THS FINAL JOHN HAYT I$ ~$~~~0$~THS BALANCE DUS UPON YATURITY ~x~ weaY •R~vwROi ~ TOQSTHER WITH ACCRUSD ~`07~T 1'AUDERDALi. RC~. u~11• INT$RSBT. IF ANY. AND ALL ADVANCBI[SNT8 MADS BY TH$ IdORTGA~3SS UND$R TfIB TSRMS OF THIS MORT~3AGS. MORTGAGE TO SECURE NOTE ~+Rls.~ ~IRltitil 6~ MKL(iliT ~ f 8 9 ~'f~ • br 115_ TMnidncl • Fort Pierce, Flo*~ cL «~~a ; of- - \lonaaaocs. to~ x~~ ~Ci• - - l~eaiaaftu alkd ltatsatce: pfT!VESSETH: I~ tmsidcncioa of che priecipal wm nt onc ia ~he pronus~oq noce of e~en date 6eee~it6 hereiasfar dacribed. aad foc otl~er ralwbk considenc~oas, the Moct~a~on do 6e~ebr snac, bar : ull, sliea. reawe. nkase. coo~er aod coaflnn mw Morcaaaa~e. ia-areseaots and ss~m forc.er. dv fdbriaa datribed propen7. dtmte in 8`ti. ~0~9 Coa~t~,~0 ~ . I.ot 24, Block I oY MAR?VILI~A SSTJITS3 in PZat Hook g, PaBe 7T of the Public Records oY St, Lucie County, Florida RE~W[D IM PA~M~MT O? TA~ ~ WlEOy CLA4S'C' INT.AVC-iBLE PERSOV~I P~MPERTY ~ W - S~fA f E~F F LO R I L~A w~-~y~*~ •'NAPTE~220721, ACT: 4F 1411. i RQ6~'R ~ N,Rq~J- rk Circw~ ~:ourt i~ OOCVT4ENTAn" STAMP TAX ~ z _ - _ os /tgcN+} Es~ C ~ M. JAM£i ~ = N~i~68! 2' _ - St. Lw:is CiwnlyT'qx ector = ~ ~495= N V coxPTrtOLtER ; P.B. t49l:6 = ~ ~ ~[fUTY CLlRK 'I7~is mor~saas mara ua aJ~ c6e indebudnen evidencaf br c!~ note bereinabo~e daeribed bu~ also facare adranca. ~bec6n soch sdranca are vblisstor7 oc made at t6e opcioo of tht Mort~a~a. u aa made wichia ~vAn yan from chc daa 6ereof b~ Morc~a w Moa~or. Y1e toal ~odebcu~~~ ~~ecured hertbr msr be decraxd or ~ncreaxd from c~ co ciwne bnc cl,e caal ¦mo~uc of ~nde&ed~as ac an~ oue wne,6a11 ooc eueed a maL- mwn of ~1V9 ~1011$8IId 5~0.~ ) Plm inceresc c6enon and dabn~samena msde for paTment of tua. Ir~ia or ~nsunnoc on eLe peopercl sbo~e dacribed ~ich incaac on such disbunements. T~CrETEIER ~ITH all and sin~ular. che teoanenu. 6eredinments aad appurtenances t6erenaco bdoosins or ia an~wise apparaiaina and t6e rmts, isstia and pcofiu c6aeof. and sbo all buildinas, stnucures and a6er impmvaoenu now or hemfcer•sicnau chereon. (All of cl~e foreaana coosi:cinE rncird~ of rnl ptopectl+ or eatird~ of chatcds, or of boch rcal Propert~ and c6aculs. is 6ereinafcer for conrenience called the °mortaaaed propert~.°) TO HAYE AND TO HOLD in fee simple che abo~e 6nated and dacribed premisa unco Morcaaaee. iu sueces+o~s and auiam forerer. Tbe ~torc~y~ors 6enb~ co~caanc wich Morcaaace chac t6e~ ue indefeuibl~ seiud of uid land in fee simplr, c6ac che Mortaaaors ha~e full po~er aad la~fn! riql~c w cm~s~ che same ie fee simple, u aforaaid: t6zc ic s6a11 bc lawfnl for Monsasee, ia succaan and assians. ac all wms peaceablT sud Quieclr co enca upan, 6old, «cap~ aad mjo~ ~aid land aad e~erT parc chereof; chat said luid "u fra from all eocambrancea; chac c6e Mortaa;or: ~ill make sach furcher usuranca co perfac t6e fa simple cicle w said land in Morc6aaeq iu succasors and auiy?s, as ma~ erawnabl~ 6e required: snd ~hat che Morc- d.~ hereby full~ .rarr~o~ tbe titk to said land and ever~ par~reof and wi119defen~ the same aaainst 911arful d~s o~all pfrsont wbomsoe+er. 'rhes mon~te is snbotdiaacc onl~ to a finc mortaaae raordtd Book ~~o. of ST.. 11C1 Count7. FIOI`~~8 PROYIDED ALpAYS, tlut if tLe Morcaaaots s6al1. (1) pal mto Morcaaaa ~hac certain promis~or~ noce. e:ecuttd b~ tbem coocarread~ 6erc~it6 ~n ibe nun of ~TAA 'j'l10 98IId 'l~n Atmdret3 Fi ~tv Be ~~'1 MnnLLARS ( z cotec6a ~i~6 incaesc I ihertce fcnm dace at the nu of cm pu amt (10~'n) pa amum unW paid. both principal and ina~ess bana palaWe a 4 ~dCOC~C ~i0e ; J8C~[801'lV~u6~ ~02'j.f18~,,p at ~uch ot6er plue as the hdder mar desiaaace in ~ritina. said principal aad inurat w be ~abk 5 ~ ca+~ecocise mauhl~ instalLneau of • 101 O~ eachJ~e ina incuest plus a fuu) instaUmeat of f ~~3• ~ ioelodina i i~um~, tbe finc iasullmea~ w be paid on ehe a~y of 19~ vith sncceedina insallmeaes eo be f due aod y~abk on the ume da~ of ach monch ~hemfcec (or on ~6e lase da~ of anr sncceedina mont6 ~6ich 6as no mc6 ds~) natil full~ paid and (2) • scrform a.l ehe coceriants anJ conditions of uid promissocy aoce and my rcne~il. e:teasion ot modification t6ereof, and of chis mortaa6e, t6en thi~ ` mortbaEe deed and the ntac: crcated Ixrcby shaU crase a~?d be null and coid. I ~ T6e Mor[aaaon funher corcnanc and aane co and vi[h ~torcaabee: ~ l. To paf Pranpd) dx Principal and ot6cr sums of maoeY psTaWe b~~ ~inue of said praniuor~ noce and of c6is macpae. t 2. To par Ll c6e aus, asxrsmmcs and erxumbraaca of erery na~ure aow on said described propeKr. or tbat 6aafta ms~ be leried or as+es+ed ~ cnerenpao. .hea doe aod Parabk. before che~ become del~nqorne, and beforc an~ incerest atac6a ae an~ penalt~ is iaearred and praaptl~ furuish Mort- ~ gaga ~ic6 proof of parmeo~ thesefor. To immed"uedY psy and d~sc6arae aor claim. liea or encumbranu asain~c the mo~tpdtd Piopercl whic6 ma~ be ~ or becaoe snperior w ehis moctaaae (nnlas berein abo~e spaif'~call~ e:cepted) aod to permic no defatilc or delioqueacy on an~ lien. mort6a6e. ~braoee :x c6arat aaainsc c6e mataa6cd Property ~ To plue aad concinuwslr kap. on che buildinas now or Lercafur sicwce on said land, Fire and titended co~aaae iasorsnce in an amouac o4 ~ nuc ks~ ehan c6e amount ~rhich ma~ from cime co eime be specified b~ ~6e Moreaaaa. ir? suc6 iasannce campan~ as ma~ be appro.ed br Morcpaa. All ~r.sunnce policia of c6e Morcaaaors shall conain ~be wuat seandard a?oresasee clawe makina che loss uader said policia parabk co Morc~a a~ ia ~ ine~rac mir sppnr; and e~ery wch pd~c~ aod all rene+?als ~6ereof s6~11 be Pranpcly dd:.acd to md be 6eld b~ Mortaaser, waccher ~i~6 a raapt for ~ ~he pcaYnium thereoo. Mottpaee :6ail ha~e the ris6~ to adjust ~itb tbe in~ura anr loss under an~ s~cL polic~. and anr .~ch sd~cma?c sh~ll be cmcl,~.e :x4 ebe Llorcaa;oes. ~ortp~ ~ha11 6act t6e rijht co receire aad cdkct all procceds paid oo ao~ claim nnder an~ mc6 policr. co eadone c6e 1[ona:aori ~ namn to m~ c6cck or ocha inuruaunt of parmmb and w spplT wch procads ia pa~ment of an~ amwac doe under chis morcaaae and che nae xcured 6crebT and an~ eapsmn ~~red b~ llottaaaee ia procasins ao~ elaim undtr any wch polie~. )dorcRa~ee shall Wr w~6e 3[oreaaaors ~be balaace of che prnceeds. if aay. reosinias afca tbe sfacwid dedae~ioos. Upoa forccbsure of c6is roorsaaae. or a6er acquisition of c6e morepjed Propert~. or anr qrc ~ ~hcceoi, br the Morcp~ee. uid policia slull become t~e absdt e P~~l of el?e Mortaaaee. - 4. 7o ya~ al) and ua~?lar c6e coses. cbaraa and e:pmse:. ~ncludiaa ceawnable attorne~ i fas if ttferred for cdkc~ioa w an stwcae~ na a ~a'suie.! cmployee of ehe Morssaser. and coae of abstracu of tick. incnrred or piid ae an~ ci~ne br 1/onp6a becawe oE t6e failure aa eFrc patt of ehe ?~toctasiors w perforw e6e eooditao+ aad eo~enana of said promiaor7 note +nd of this mor~sase. T6e casc t6ereof, vi~h iatera[ el~ereoa from e6e daet ' c~f pay mmt st ebe same nu as apecified ie chac nae, shall al~o be ucwed by thu nKxt;sse. ~ S. To permec, commic ot wffa no tsstt. impairmenc u detuioncia~ of aid propett~ or aa~ ptt tbe+eof. co tap and maintaia the aamc. i~clodins ~ al! buJ.'~n~ nor or 6aeafcer sicwu aa said pcesises, io ~ood coadiciae md cepair. aed v~v~r ~ oaks aod perfo~a s~ eM Mortsaaoc: o~a ~pmu, ~ wcb «ps:n snd oainuwaace u 1[ortpaee m~ from wae w cime rcquire, 1loressre beief Lenb7 dde ~Le ak j~dye of tbe ~ecade~ ebecsfor. ~ic6oac ~ I;w~e;es e6e ~encnlit~ of e6s f«e~oin~. ~be ![ortis~on ~ball cauee atl mch buildinp co be tai~cad aa las ofua t6an a~ce in sev~ c6raeyar poriod. ~ 6. Iw t6e e~cat tl~e 1(ocepion ~hall fa~ o0 oompl7 ~uA w~ cofsasat ia pua~rsplM 2. 1 a~d S 6sreof. 1(ottp~e ms~ (boc ~h~ll ~a~s ao ~ ~ oWi~u~oe to) per(orm soc6 coreoaec oa brbal( of tbe Lfor~~on and tLs fall amorne of a~erf P~f~~ o~ b1 ~~Ai~ in wc6 rna~eccioe ~kall ~ 6s~r u~arat u the rats of 1096 per amue fene tLe dsu w psi~ sed ~6aU be wcand br c6e lie~ eE chis moctp~s. If l~tortpsee ah:U perfora aw~ ~ ~otesant eo~wwwd ie p~r~nph S. ltonp=ee s~~ sda co wc? psTmeuc a rsa+oasbk fa soc co c~! 1~0~ oE sec6 pqmme for Non~s~ee~f ~tffKlf ie ~ arr.epas tici per(o.euoce. Won~ .6s11 .l,0 6s.e ebe ope~oa oo effec~ firs and ~tesde~d te~era~s uwra~ce is a~ amor~t s~fficienc [rae ti~e to tims ~o diicbar~e ehn o~arcpje a~d th~ ooee ~ecrrd 6etebr aod che llacsaaon ~6all 6s•e wo iaurec i~ wc~ iwwraocs. oeher eia~ ebe:r incecese i~ wc6 dis- ~ clw~q ssd tl~e b11 soo~~e o( e.eq p~rmeut ~/e b~ 3~lortp~ for soc6 ~esaraoce s6aU bar inceeac s~ c6e nce of 1~'~e per asno~ (raau ehs ~su w ~aii aod sA~ll be ~ecw~d br ebe lies of t6i~ mottiase. ~ l. IE acfs~Jt be mads :w psYnnnc ~6en dre, of ~np ~wdebadncs+ ~ec~red bereb~. or iw perEon~sece of ae~ of ltonsa~or i obli~atiou, soreaaacs .x s~rea+na.a 6eteawda: ~ I~fMt6s~s e a~i6or.asJ ac awr ibwe, ~r:cAort eocice. in iu folt ~iKKtiYA t0 bttf ~pa~ so~ uke ooaerio~ oI t~e orwi~a or u/ P~n ~ ~Ms.uf. a psrfo~s M~ acu Monppe deass wecaur~ or peoper te comn•e cl~e ~ec~riq and eo cdlea a~ e~e~oei+s dl reacs. i~ww ~w/ ord:a e~eno(. d>: Nclu~:n~ t4.~s Past ~s n ~d) u cbo~e xctru~~ , t~r~ ' ~ ` i ~ F c. ~ uf . ~~r ~ . _ . . - - . T~~~~ -