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HomeMy WebLinkAbout0349 3. To pl+a u~d oaukwiouslY Iu~P on tM buildinQi 110W Ot IIKNNN ~itWi~ Ofl NW IM~ if~ 011 ~I) pu1pM111 ~fld p~ftOni~N OO~IN~ bY iN{ fIWf1~' sp~, with ~p prMniwrA tF?Kwn P+~d in f~14 Pw 6uvru~u in th~ v~wt sr~nd.rd polky fo~m. ~n • twn app~owd bll tM N10RTGAGEE, aed wind~tonn imw~na in tM u~w) tundud politY fan~ b• aum ~pp~owd by ~M JM4RT~3Af3EE. h+ wch ea^P+^Y a~~P+^~ a tM MORTGAGEE en+y dinct~ and all fIn aed wk?d~wrm inwrana polici~s on ~~t? of uid buikiir~. ~ny int~est tlrnin a pat tl~w1. (n th~ ~yprp~t~ swn afo~a~id or In ucaa ~M..of, ahat) contain ~M wu+1 u«+dard morqa~ ciwk w wd~ a1N. daus~ a~M Maty+pM n~yl nq~?~n. nwk~ep tM bu u~ s~id pd4 dw wch ~nd wKY. P+Yabl~ to s.id MORTGAGEE a ih h+taat m~y ~ppM~. and ~ad+ ~nd tw.y wch policy shall b~ ~..'anPfh +sw9^ed ~nd d~liwred eo ~ny MW by said MORTGI?GEE a funlwr seanitp w s~W mortqap~ debt, and. no~ bu tMn Nn (101 days le~ ~dvanae of tM ~xptr~tion of Mch poliel?. w da liwr b wW MORTGAGEE a nrnwai tMrwf. wp~tlwr with a na+pt fa the pramiwn of seeh r~w~li ~e+d tMn aMll b~ no fin a wir~~an~ innx+na piaad on ~+p ot ~id b~ikt'u+p~. ~nY tntar+titt thtnin or ps~t tl:rrecf, e.ea!e» 1r+ t1» fo.rw'and wi~h ~I» losa parabM as ~fa~+~ ~nd in tM.~wnt ~ny swn of naMY ~ WYaW~ w~ wch polky a policMs s+W MORTGAGEE sMU Mv~ the oplion to no~iw M+d ~pply tM s~ on ~ooowu o~ tM M+d~bt~d~ ( nas a~w~d hK~by or q p~+mit s~id MORTGAGORS ro?eaiw and w~ it a ~oy p+~f tMreof fa otF?e~ purposes, without thMeby w~iviny or imp~K- inp ~nr pviry. li~n or ripM und~r a py vktw of this ~++ort9+~~ and in tM ~wnt wid MORTCsAGORS sh~ll fo~ ~ny nswn f~U b kNp tM wid p~+~ w i unw~d. w f~il w deliwr PromPth? snY of wk! polici~s of inwnno~ w~W MORTGAGEE. w fail p?ompty to p+y ivih? ~n1? Pnmiw~ tMnfa a in any nspM htl b p~rfotnl, disdw~~. ~:~a+t~. ~ffrct. compb?~. oomPh? wtth ~nd abid~ by this oownu?t, a ~ny put hKwf, said MORTGAGEE rn~y pl~a u?d P+Y ~ N+d~ inwrano~ w any p~t tMraof without wsNinp a sff~ctbg +nY oWioq, tM~. pviry, w ripht ~ a by vi.tw of this AAo~t~+p~. ~nd tht i~ll amo~M of ~sth and ewry ~ WY~ ~+11 b~ immed'wt~ly dw and pYabN and ahiil bw inta~st fran th~ daM tl+K~of wNil p~W M th~ rN~ ot nirw pa antwe pK anrwm and top~tMt with wcA int~rsst sh~11 b~ ~ecund by tM Iwn of ttw lnort~p~. . 1. To p~rmi~ ao~ernlt at wff~r no wute. tmpairme^t a dtteriontan of said propKty or ~ny put tMr~of. S. To p+y ~II and sinpvla~ tM•oab. charpa +nd ~xPens~s. inctudmp ~?ta~onabie ai+orney i tit s~xf tasts of sDstrstts of tF!!a. trxvsred or pak! st ~ny tYrn by said MORTGAGfE, b~cws! or 6+ th~ ~wM of th~ fsilun on tM Wrt of tM s~id MORTGACflit to d~h?. p~omp~h? snd fvlly pafwm, d~scha~w •x.cvt.. ~fhc~ tompNt~. aomp~Y with ud abidt by .sd+ ~nd_ewry th. stt~wlations, spr.ements. cmdttiont. i ia`eownann of wtd p~omis~ory not. and thb matp+p~ a!Y a~idwr. ~nd said aosn„ cha?~t +nd ~xPw~es. sach and wety. shsll b~ irtwrwdiatsip dw ~nd p~yaW~: wFKihet o? not tMr~ b~ notioi ds ,~~,~d, ~mn,p~ b ooll~cf or s~,it p~ndinps and tM f~ll ~n+ount of wch and wery such paYn»nt ah~ll bear inrer~st from tM dat~ thereof vntil p~id a1 tM rote of ohw p~r antwn Pa +nnwn: Md ail aid cbsts. ch+~s and expaws tncwnd o? ps~d. top~tMr with such inl~nsp iMll b~ acwed by ti» Iwr+ of ihi~ ~?q+~ 0. T1wt in the event of sny bnach of tNa Morpaps a dsfauit oo tM part of ths MORTGAGOR, a(b) in the •wr any of ~aid ~wm of rnon~y Mr~in nf~n~d to b~ not promptly and fully p~id within thirty (SO) days next afte~ ths sune sevewit~r becane dw aad payabN. without danaod o? notk~. w(d in the wM~ ead? ~nd wery th~ stiFwlatioM. +9reansnts. conditions and cowninb of tud praniswrY not~ aed this mo~rt9a~s aMr a ~itha u~ no1 ~uly. prpnptly ~nd fully p~rform~d, d~schupeJ. ~xewNd. ~ffected, compbted, canplied with and ~bidcd by. tMn in tither or any svch went tFw said a~ prg~b swo m~ntia»d in ssid promissory nob fMn rNnaininp ~npaid~ with inte+~st ~aruad ar~d all montys s~cured her~by. sMll b~can~ dw and WY' ablr iwthwiM, w tl~aafiar. at th~ option of said MORTGAGEE, u futy ud canpkuy a if all of the said sums of morNy we.e oripinally anpulated to b~ paid on wd+ dsy, a?ylhiig L+ s+ld PromisiorY noM e? in this Mort~age to the contr~ry notwithst~ndin~: snd therwpo~ a thereafiM a~ ths opian of •ak! MORTGAGEE, without notiu or dem~nd, wif d I~~v or in puity. tl~er~tore or thereaher begun, mar be pro:scuted u if all moneys a~wnd Mnby Md mahxd prwr to its institutiot~ 7. TMt in t!~ ~wnt tMt at th~ b~giMing of or at w+y time per~ny aoy wit upa+ fhis .1Aortgsge, w to foredos~ N. or to nforen it, w to enfac~ paym~nt of ~ny clawns Mreueder. said MORTGAGEE sh+ll spply to the CouN haviny j~risdiction thereof for tFie appantrrNnt of a Receiver. wch tewt sMll FaNiwlth sppoint a nceiwr of uid mort9a9ed prope?ry all and sinputu, includ~ng ~II arid aingu{u the i~come. pro(it~, issues a~d r~venws fran whatever f sourp derived, ~ad~ u~d avery of which, it beinp expressly ~mdentood, is hereby mortyaged as if specifically set fath snd d~tcr~d in th~ ~antirg a~d i ~ habMwl~m d~usp h~reof, ~nd iixh Rectiv~r thsll Mw all the bro~d and effecrive ivnct~o+u aad powen in anywis~ entrustsd 9y ~ Covrt to a Reteive~, snd axfi ~ppohNment slw~~ be ~rydt by such Court ~s ~n admitted eqvity and ~ matte? of abidute ripM to i+id MORTGAGEE, and without ?eferaxe ro the •dpuacy or in~deqwcy of th~ wlu~ of the p~aperty mwt9+~ed or to the soherxy or insolvency of said MORTGAGOR or tM defendsnts, and tl+~t such reny„ pro{its, &~ooms• iaues ~nd r~venws sh~ll b~ ~ppliad by such Receiva aaord'iny to the lia+ or. equiry of ssid MORTGAGEE and the practit~ of suth CaKt. S. To duly, promptly and fullp pe?fam. d~xhsrge, execute. effect, oonrplete, comply with snd abide by ach and ewry th~ stip~l~tions, apreernsnts, conditbro and covanants in said promissory rate and this mortgsge set fwth. 9. ih~t in th~ ~vsnt tht awnenhip of tl?~ mortgsped premi~es, o? sny p~rt thereof, becana wsted in ~ perwn otl~ than the MORiGI~GOR, th~ MORTGAGEE, its wcceswrs +nd auigns. m+y. withovt ootice to tM MORTGAOR, deal witk .such wocesioe ~ w waesso~ in tnterest with r~ferenc~ to this mortyap~ ~nd tM debl hereby sacwed in the s~ne mame~ as with Mo?tg+gw without tn 1ny way • vitial~~a,~++r pir?p tF?e Mwt9apors' liability Irn~ ue+der o~ opon th~ debt hereby secured. No sale of ~he premises hereby mortgsged and no fwbear~noe Qn the' ~rt •of the MORTGAGEf w iri s~ccesson w auiprK and ra extension of the time iw the psyment of the debt hereby sec~red y'rven by tlw N10RTGAGEE a ifs wccesson or ~stipns, shall o p l r~» ro rNease, d'ach~r~, nwdify ch~np~ w affect the wiginal lisb~lity of tt+e N10RTGAGOR hereir~, either in wtwle or in part. lR !t is specifically aQreed that time is of tha esss~ce of ~ha contract and that no w~iver of ~ny oblgatron Mrevnder or of the oblipaYan se- a,nd h~r~by sh+ll at any time the~cahp be held to be a waiver of the terms hereof or of the instrument secured herby. ~ 11. In addition to the forego:ng monthly payments of p~inc:pDl end interest required by the promissory note secured hereby, mortg~por eovenanb and agress to pay ro mortpayee with csch monthly psyment an add~tional sum est~mated by mortgsgee to be equal to 1/12 of the annual cost of the fdlow- ~ 'nyc ~ ~ A-All real property taxes kvied w astessed against fhe above desuibed real estate. • t b-Premiums ori fin and windstorm inwnntt~ as heran reqv~~ed b be uiried on Ih* imp~ovements sitwte on the sbove dewibed premises. i C-~Premiems o1~ s~ed~ ~9~ ~+^hl iruwance as mortgspae sh~U ir0~ t~me to time.tle~m fit to csrry/ oe the loan seeursll hereby. ' ; 141wtya~e~ shall f~om tuae to timt notify mortgagw in wr~t~ny of the amount dve snd payable harew~der ~nd such wm ahall thereupon be due~ sed ` ~ paysble on the due date of the next monlhlY paymem and each succeuiw month thereaRer until mortg+gee shall ootify mortgagor of a ch+rge in such ~ ~ ur~ount. Sixh sw++s shall b~ ~pplied by matgapee toward the p+yment of resl p~operty taxes, inwrance prerr?iwns. and mort9sge 9uaranty inwr~nce ; W~• IN WITNESS W1iEREOF, t!k said MORTGAGOR hss hereunto set Fws hand and scsl the dsy s~d year first aforetaid. and d~ th~ pres~noe of: ~/iiw~C~ ~ ~ (S~~h l~IIC~S • ~ a ~ % / ~ ! STATE OF FIORIDA ~ 3 courmr oF St. Lncie . . I e~f«. n+. p...oe.~~y ,pqu.d Frarlces P. I.~e ~ a widaw ~ ,e,r ~ to m~ well knuwn and k~own to m~ to b~ i tM iedividwl~. dNCriMd in anA who ~xecuted the forepoi~g instrum~nt. ~nd acknowledged btfon me that executed the s~m~ fa tM pwpows i th.~~ln ~spna~d. ~iyiw~lt - ..+F.~1~.I~ww ~rf~M~'w+~~M~' ~awi~pw.iwwi~wr~ii~+.~wi~~.~wi~ ~w~i~tw~wR~lwr~ w~w~ ~1wr~ rii!?+~iwwlMw~Mi~w~MiK~?+wiMr~iw~~P'pe iwr~fros~fw~n*w7~ld~l+vib~+~ . WITNfSS reh? hand and offitial wal d'tia d+11 ~ ~ A. G. 19 ~ ~ i} ~ i~ioury 'ryry~ m and ior iiN ~~r~ oi Fariw ~fi .a~q~ ! ~ ' . My Com~bi~'ion ~xpirtu / ~ 7 / RNwe' Toa FirN F~n) Savinpa i lo~n /lstociation ' ' ' ~ . i ' ('~OUry ~K. Of ~Ofl+i i~ ~ t~1t~1t}=~, or F«+ r~e.c.. . ~ , *p ~oa~tio~ ~E~i~s ~p. 6~ Foet Pie~ce. Flaida '~~O(~ i'~ ~ • i,~- ~0' ~ .••''y sT~ lU~ E~ ECpROg~, . . - ~ ` ~E Co UNTY. f , : J ; - ~A. TlIIS ~ ~ ~ ~ , . h~trumEr~ prep~rod b~ a.~~~'~~; r; ~e MAY 29 ~~t F~ s~?. a ~ ,Q~. ~ , ~y ~ . at • " a' • 1 ' Z' = , . ~ _ ~ . . _ rfu~~::i~.ti,. • fRK C RC~ ~TR,~S 17 ~~RT ~ y~, 2 ~ 348 - E - ~ f ~ . - _ t - _ ~ ~ - . . _