HomeMy WebLinkAbout1194 Z. To pl~o~ and oo~?tiiwoushr kMp on tM buildirg~ now or Mresh~r utvat~ on said land and on ~II eqvipm~nt ~nd p~rwe?~Ily oownd b~? tht~ nart¢
p~, with all pneniwrl~ tMrta? p~id in full, iin insuraoc~ in tFr viwl studud policy fwm, !n • sw~t ~pprowd by tM MORTGAGEE, and wind~torm
tnsuwna in tM uw~i pu?di.d policy f«m, in •~wn approv~d by th~ MORT('sAGEE; M ~uch canpanY or oo~+P+~~M tM MORTGAGEE mar
dindt ~nd ~II fU~ and windsrorm Msw~~a polkia on ~ny of taid buiid~np~, aMr inNnst th~r~in w put tM.wf. in th~ ~pp~p~t~ w~n ~fa~W a
in ~xaw thenof, ~!»II conain tiw uwal uandard morty~ cl~us~ o~ such otM~ daw~ a tM Mony+pN m+Y nq~in, nukinp ~h~ Iwt undw aid po1F
ciN. tach si+d ~wrY. WY~bl~ b said MORTGAGEE as in 1ntK~st may appN~. ~nd ~ad~ anel ~wry wd~ policy ~hall b~ P~«^Pth ass:p~d snd d~livK~d ro
~ny MW by ~aid MORiGAGEE ~s fu.dwr aa+rity ro s+id mortp+~ d~W. sod. not I~u tMe~ t~n (~01 days in ~dvana ot th~ ~~G~tion of ~ad~ polky, ro da
Iiwr ro wid MORTGAGEE ~~~w+l tMnof, wp~rhu with ~ nc~ipt fw tM pr~miwn of wch newwal~ and dwh ~h+ll b~ no P~n or windit«m In~wa~c+
plaad an ~ny of wid bv{Idi~ps, ~ny tota~st tl~in a put tMrwf, w?I~ss io th~ fonn'and with th~ bss p+Y~bl~ as afa~s~idt aod in tM ~wnt ~~y twn
pf mo,~y pe~or,np p~YaW~ urd~~ wch polky w poiicia uid MORTGAGEE sMll h~w tM option ro nosiw a+d ~pply tM s+erw on ~caow+t o~ tM tod~bt~d-
Mu y~,y~~d Mr~by pr p pKm;t s~;d MpRTGAGORS ~o nceiw and us~ It or ~ey pu1 tlxreof fp other purposn, without tl+ereb~ waiving w impai~•
~+~l~ ~~I?. ~i~n w ripht w~d~~ or by virtw of this mort~ap~t and tn tM ~vtnt wid MORTCsAGORS ahall fa u~y nawn f~i) fo ke~p tM s+id pnmis~s w
insund, a tail w d~liver pramptly u~y of s+W polici~s of inwrs~cs to s+id MORTGAGEE, or tail promPtly to paY fi+lly a~y premiun+ tMnfor a in any
nspM fail b p~fomb dix~ye. ~x~cvt~. ~fhct. aomPkt~, cor^P~Y with and abid~ by this cov~n+ot, or ~ny pan Mnof. wid MORTGAGEE m~y plac~ +nd
P~Y fa wd~ ieauwnc~ or any part tMteof without wshinp a~ff~din0 +^Y aP~ion. ~Ne. ~4~?lb. or ~ipht unda or by virtw of this Mon~ap~. and tM
full ~noum of ~ach and ewry such payeMnt th+q b~ inw~nedi+t~~Y due +^d py+bl~ +~d ahsl! b~ar inter~st fran th~ dah thenof until paid a~ tM wt~ of
niM pK pntwn pK anrwm a+d to~tM~ with wch intenat ~h~ll M s~curod by th~ li~n of this mo~tp+p~.
To p~nnit. aomrnit or wff~r no wut~, impaim~ent a d~tKior~tion of wid property or ~ny put ?Mrwf•
5. To piy ~II ~nd ainpular tM.ooaM, cMrp~a aod ~xpa+s~~, incl~dinp a nason~bl~ ~ttoroey's fN and aosts of ab~tratls of titl~, incvn~d w p+~d s~
~ny tim~ by ~aid 1NORTGAGEE, b~caut! or in th~ ewnt of tM failw~ on th~ part of tM uid MORTG/?GOR ro duly. promptly ~nd f~1y pKfwn~, d~schug~
•xecvte, ~ff~cf, complst~, comply with and ~bid~ bp exh and ~very tM ~tipuluiora prsements, ca+ditio% .nd aownann of wid promisw~y nw. u+d rhu
mo~tyap~ ~nY a ~itl~u. and taid cosn. char~a and ~xpenKS, exh u~d ~wry. ~MII b~ kw+Ndiately dw ~nd p~yabl~t wMtha w not ther~ b~ nor'roe d~
mand, ~nempf ro oolkct a wit p~ndiaps +nd tM full ~n+ount of tsd~ u~d ew+y wch p+ymem shall b~ar int~nst fran tM d+t~ tMreof „+~ril p.id a ~FK
nte of nins pa antwm per am+um; and ~II said cdsn, chupea u?d szpK?ses incwr~d w paid, wp~tha with wch intK~st, ~hall b~ atw~d by tM li~n of this
nartp+~.
0. TMt (a) in tM we++t of any br~sch of this Ma~pap~ a d~fwlt on th pan of tM AIIORTGAGOR, or (b) ln tM w~nt ~ny of aid wms of mon~y
Mrein nf~ned ro be not pranpt~y ~nd fully psid within thirty (30l days n~xt ~fle. fh~ same sever~~ly bec«rK dw ~nd p~yabb. wHhout deerwnd a notice.
w W in tM ~wM eact? snd +~pry
tl+~ stipulstiont sgr~ema+ts, conditiau and cov~n+nn of sa~d promissory nole and tFa~ mortp~ any or ~ither ~n no1
~u1y. pramptly and fully ~rfaressed, discFWrped, ~xecvted, effected, canpleted, cornpli~d wi~h and abided by, tMn in eitMr w~ny svch ~wat tF» s+id ap~
pren,~b wm mentiorwd in ~id promissory note tMn ramairiu+y unpaid, with interpt acuwd, and al! monsys s~cvred Iwr~by. ahall b~oan~ dw ~r+d p+p
•bl~ forthwi~h, a therwfter. at tM option of ssid MORTGAGEE. ~s fvlly a~d complNely as if all of N+e s+id wms of naney wen oripioally stipulsted
to b~ p.;d p~ wd, dsy. anyth;np in ~;d prom~uwy note w in this Mortysye ro tM contwry eatwitMtandinp; u~d thereupoo a thsr~ahe. a~ iM op~~on of
wid MORTGAGEE, witho~A notic~ a dem~nd, wi1 at I~wr a in puity, tMrefon a tl?ersafte~ bayvn, may be prosecuted as i~ all ma+~ys s~cund Mreby
h~d n+ann.d priar ro in imfiruran.
7. TMt in tM event tlut at th~ be9iro?irg of or at ~ny tim~ pendieg ~oy wit upon this Mo.tyag~, a to fweclos~ M, or to nfonn it, or to ~r?faa
payment of any daims herarie~r. said NtORTGAGEE stull apply ro the Co~rt havirg jurisdiction thereof fw tM ~ppo~ntment of a Receive?, wch Co~it sMll ;
fwtliwith sppoint s nceiver of said mwtpsyad property atl u+d sirgvlar. trxlud~~a a!1 +~d si~v~u the i~, prof~tL iaaws and rtva++ws from whatever ,
wuro~ d~rived. ~sth and ~very of which, it bcinp expreuly vnde?stood, is hereby morrgsged as if specifically set futh and desuibed in tlr 9rantinp and
h~b~ndum clavs~s hereof. snd such Reuiver ~hall haw all tM br¢ad and effective funciw~s ~+d powers in anywise emrusted by a Court to a Receiver, and
wch appointmsm shall be mad~ by wch Court u ~n admitted equity aod a m+tter of absolute right ro uid MORTGAGEE, and withouf ~eference ro the
~daquscy w inadequacy of the v~lw of the prbperty mo.tg~ged or to the whency or inwlvency of aaid MORTGAGOR a the defendants, ~nd that wch
renn, profits, incame, as~xt and ~~venues shall be applied by such Recciver ~ccordinp to tM lien w eqviry of said MORTGAGEE and tM practia of such
Caxt.
i
8. To duly, pranptly and fully puform, disd+sr9e, execvte, effect, mmpkte, comply with ~nd abid~ by esch ~nd ~wry ths st~pulatioea, aynuewnts, (
oondiYam and coven~na in taid promissory note and this mwtysge set fath. , :
9. ?Mt in the event the ownership of ths mortgaged premises. a ~ny p~rt thereof, becanes vested in a penon other tMn the MORTGAGOR, th~ ~
MORTGAGEE, ln succsssws and ustyns, m+y, without ewtice to the MORTGAOR, deal with such successw a successor in imcrest with reference to this i
mort9aps and the debl hereby secured in the sams manner u with Nbrtgsgw wiiho~?t in any way vitiatin~ p distMrp'H?g ths Mortgagors' liabiliry 1»n-
ueder w upon the debt her~by sec~red. No sale of the premises hereby moAy+ged and no forbearance on the part of the MORTGAGEE o~ its suaessws
or auiyro and no extens'an of ~he time for the payment of the debt hsreby secured yiven by tht MORTGAGEE or i» succ~ssors or usipro, sh~ll operats
ro rtlease, disdw~, modify change w ~ffect the wipinat liability of tM MORTGAGOR herein, either in whole or in put.
10. It h spec~fically agreed that tim~ is of the esser~ce of this contr~ct snd that ra waivN of any obliyaYan hereunder or of tFw oblfpsYan ~r
a:r~d hereby tMlt at ~ny tin+e thereafter be heW to be ~ waiver of the terms hereof a of the irutrwr~ent secvred herby.
11. In sddition ro the fwego:ng monthly psyments of p?inc:p~l and inte~est required by the promissory note secured hereby, mortgsgor covenanri
, and ~greea to pay to mortgsgee with esch monthly payment a~ addi~ion~l sum estimated by mwtyagee to be eqwl to 1/12 of the annual cosf of the follow-
i^9e -
A-All real property taxes levied a assessed against the sbove dewibed real estate_ ~ ~
' B-Premiwm o~ fire and windstam insvrance ss hetein reqv~red to be carried o~ the improvemenb situate on the above desaibed premises.
j C-PremiunK on such mort9age 9wraroy inswance as mortgagee shall from time to tune desrf+ fit to urry on the ban secured hcreby.
Nbrtgagee shall from time ro time notify mort9agor in writing of the amount due and payable hereunder ~nd suth sum shall thercupon be dve and
payable on the due date of the next monthly payment and each svccessive month thereafter ~nti! mwtgapee shall notify mo„gsgor of a chanpe in such
amount. S~xh wms shsll be spplied by mortgsyee towsrd the payment of real property taxes, iruvrante prem:~ms, and mortgage yuara~ty inwranct
pfNtllVfM.
IN WITNESS WHEREOF, t~e said MORTGAGOR has hereunto set his hand and se~l the dey and yea~ P~nt aforasaid.
SiptNd, S~akd and delivered in the prese~ce of:
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n
fS.a~
' n--n
STATE OF FIORIDA 1
~ St~ Lucie ~ ~ •
eefore n,s p.nonsuy.pp.,.ed ' Alhert Lewis ~ Jr~
F.lnl9ise PAne LeMris his ,,,,;fe, f, n,. ,,,,e~~ known ,nd k,ww„ to r„e to b.
th~ individwb dacribed in ~nd who ~xecutad the fue~oirg irutrvment, and acknowled~ed btfore me that they executed the ssme for the purposes
,~„d ,,;a Elouise Pope Lewis
,,,,~r. ot ,n. Nd Albert Lewis, Jr. , i,p«, ,,.Q...f. ,nd a;,,,n
examin~tioa by mt taken stparate and apart from her said hu~band. ~dcrwwlac~rd ta a:~d brf~s ...a tfiat she e~ctcused uid 'u+strum~nt freely ~rd volue~
luily and w~thoirt aryr compvlian, constrai~t, apprehsnsion, w f~u of or han M? s~id husband.
WfiNE55 my hand and official sesl thia .~~~lay of J A. D. ~9 68
A ~~f .
~ . I , ~ . ~
•ry Public in and for thf State of Florida at lsrp~
My Comroission axpires: i
Return Toc
~,.t r.~„i 5,,,;,,Q, a~ ~,,,~;a,-,,,, •FILED AND RECORDEDz ~~y p~JguCSTAh af FLORIDK at 111R6f ~
Of fort Pierce. ST. LUC1E COUNTY, FLA. My ~pMMISSIQN EXPIRES sEPr. is, t9~i
forf Pierce. Flwida P E: C n R~? V F R 1 Fi F D TMp~t~ Nurosk~ • MucM~cDerry. Ine. i
. 168108 u ~ ~ .
'68 JUN 20 AM I i: 09 .
This instrument pre~~f@~ ~ • _`i ~ . ~ . ,
first Federa( Sgv. & i.oan AssH: =:o;,•r R ~OI7RAS _ `
~ F~ p~~~ . CLERK CIRCUIT COURT ' ~ - m ' ~
:
By J. W. Collins _ _ • . ~ ~ • . (
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