HomeMy WebLinkAbout1849 S. To plap u+d continuously kNp on th~ butldinps now a Mnaft~r dhr~t~ on wW land and on all equip»~nt ~nd p~rsonally cownd by Mit morp.
ap~i, wi~h ~11 p~mlwrA tM?wn paid in fuil, fk~ iniur~nc~ in tht vswl sundud policy fwm, ~n a sum approwd by tM MORTGAGEE. a+d wk~dstwm
In~wanu tn Mw wwl ~undard policy fam, tn • sum ~pprovad by tM MORTGAGEE; in tuch oomp~nY q companiK p tl~ MORTGA(iEE msy
dinctJ ~nd ali fin u~d windatom? bruwaia poikias on ~ny of said buildinp~„ ~ny inhnst tMr~in a part the~eoi, in t#w py~pa~~ sum ~for~id w
in u~ass tMrwf, ~11 ca+tain tl~ uswl s~andard mony+~s clavs~ a such othK daus~ a th~ Mortpsp~ enaY rpuu~. matinp ti~ los~ undN aid po14
ci~s. ~ch +nd ~v~Y. WY+bI~ ~o s+~d 1NORTGAGEE a ib intKSq may ~pp~u. ~ed ~acA and ~very such policy ihall b~ prompty as~:yend ae+d eMiivK~d ro
~ny Mld by wW MORiGAGEE u funF+N s~curity to ~aid mortyap~ d~b~. ~nd. ~ot kss th~ t~n q0) days in advanc~ of th~ ~xpi~~rion of each polky, w dr
livu to s~id MORTGAGEE • ~~ewal tMr~of, topstlar with a tessipt for the premiven of wtb r~w~lr and ~1w~ a1wU b~ no fin w wlndstwm inwra~a
pbad on ~ny of aW bvlWlnpi. ~ny t~ten~t N~er~G+ a p~n thenof, unlqs in th~ form' ~ad with tFr loss p~ysbl~ u afon~sidr +~d in tM ~vMt ~oy w~n
of morny bacorros p~yabl~ u~ wch polky o~ polici~s s~id MORTGAGEE sMll Mw th~ opYan ro no~iw and ~pply tM s~n~ on ~coouM oT ti?~ ind~b~~
n~u acw~d h~r~by o~ b pKmit saW AApitTGAGORS ro reaiw and w~ it or any pa» the~eof foi anc~r purposes wi~how therob~ waivirg a impiir
inp anY puiy, IiM or ~ipht vnda or by virtw of this mortQap~~ and tn tM ~wnt wid MORTGAGOQS sh~ll iw ~ny ~~awn f~il to ke~p tM said prtmisea w
ir?iured, or fail b d~livt~ promptly My of s+id polici~s of insunncs ro s~id MORTGAGE~ or f~il promp~y ro p~y fully sny premium tl~tfor o~ In any
nspat fail b pwlonr~, dtxharp~, ~x~cut~, ~ff~ct, compl~t~, oomply wirh ~rd ~bid~ by this cownant, or sny put hKwf, s~id MORTGAGEE m~y pl~q and
p+y fa wd~ Uawanc~ or any put tMraof without walvinp a~ff~ctinp ae~l option, IiM. puity, ot riph~ undK a by virtw of this Mwtpap~, ~nd tM
full amount of .~ch and .wry wch paym.m sl,.If ;,mndiardy dw and p~yabl. .nd shaU b.ar tnm.s~ from ~h. dar. ther.of unril p.id a~ tM rat~ ol
nin~ p~? Ctnlvm pN ~newm and toy~ther with suth it?fe~qf sMil b~ sacw~d by fM IiM ~ Of this 1~wrt~p~.
1. To pKmit. oomndt or wff~r no waM. irepai~meen a deterioratan of ~W property or ~ny put the.~of.
S. To pay a11 •nd qnpular rM.costs, ch.rp.s .nd •xp.ns.~, includ~ ~ reaso~ubl. ~ttwneY's fee se+d oosq of ~bsn~cta of t~tte, tncund w paid d
•ny tim~ by said MORTCaAGEE, b~caus~ « t~ the ~vMt of tM failv» on th~ pu~ of ti» s~id MORTGAGOR to duly, promptlp ~nd fvlly ps~fonn, diicha?g~
exeM~, ~ff~d. oomplet~, oomply with and abid~ by ead~ a~d every th~ stiputation~ sqreements, cond;lio+?s, ~nd eov~ny of said promiswry not~ and thif
mor?9+p~ +eY o? ~it1iN. and said ooats, thu~ and ~xpe~+sts, ~ad+ ~nd ~very, sMll b~ trnnwdi~rely dw ~nd p~yablr whethe~ a not ther~ b~ rwtice ds
mand, attempt to aollecf a wit p~ndiegj and tM fvll ~nt of ~ach and wery wch p~yment shsll bea. interyt from tM data tl~ereof ~ntil p~id tFK
rate of nin~ pe~ oentwn p~r amwm; ~nd ~II ~aid cbsts, tMrqts and exp~nwa incw?ed w p~id. topNM~ wit6 wch int~rat. shall b~ s~tvred by th~ lia~ of tha
mo~psp~•
6. il+at In the w~M of ar~y bre~ch of this Mwtps~ or default on tFr psit of the MORTGAGflR, w(b) in the twnt u?y of said avms of moewy
hereln r•fsrr.d ro be nor promp~M and fuly paid wi~hi~, ihirrY (30) days nex~ afie? ~he same severalty becane due •nd Paybl.. wi~houf d~nrnd w notke,
e? W in tM ~wnt e+ch and ~w?y tM sNpulations, apresa~sms. condi?iau ar+d townsnts of ss~d promiuory note end th~s mortp~s ~nr w either an no1
iuly. promprlY and fuly pe.fo.med, dcxhuped, executed, effected. completed, compl~ed with aed ab~de~d by, th~n in either or ~ny such ~wnt tFK said g.
Orop~lrsww- ' . . note then remaini un • vved-+~d-+t~-~ys-s~eur~d-l~a~ 11 bec+on+e dut and P+Y-
abl~ fo?thwitly o~ theieaher, at th~ option of si TGAGEE, u f~lly and con~plctely ss if all of the ~aid wms of nwnty we~~ or,pina y,p~1T
ro b~ paid on suth dsy. ~nythin~ in ssid promissory note or in tF~a Mortyaye to the contr~ry notwithsundinp; and thereupon or thereahq ~1 th~ option of
•aid MORTGI\GEE, withovt rvotics o. denuod, wFt at lasv a)n puity, fherelo?s or theieafter begww, may be prosec~ted as if all moneys s~wr~d hereby
h+d matur~d pti0? to itt imlit~tiw~. _ ,
7. T1?H in tM event that at the begiro~ing of w at any time pending soy wit upon thi~ Mo~t9sge. q to foreclos~ it, or to reform it, w to enfw~
paym~nt of ~ey claims M+evr+der, aid MORTGAGEE skaf~ apply ro the Covn havFnp jwisdrction theieof fa the appananent of ~ Receiver, sucb Court shall
fortFiwith ~ppoint a ~eceiwr of said mwt9sged propery all and sirgvlar, i~+cl~rd~rg ~II and singulsr fhe inc~ome. p?ofib. issuea and revenues from whsteve~
wuru ds?ived, each ~nd every of which, it beiep expressly ~~derstood, a hereby mortgaged as if sp~cificatly set forth and described in ihe p~s~Hnp ar+d
habendwn clavses hsreoi, and such Recsiver shall Mve ~II the b.oad and effective funct~ons and powcn ir? anywKe_}~?kutted l~il Court to a Reuiv~r. ~nd
wch appointm~nt shall be made by such Court u sn sdmitted equity ~nd a rtytter of absolute rigM-b i+id MOItrG~E, and without reference ro the
adeq~~cy a insdeqwcy of the wlw of M~e prbperty mort9~ged or to the sWvency a insolvency oi said MpRTGAGpR or the defendanq, and ~Mt such
r~t' profits, incane, iuves and revenues sMtt be applied by such Receive+ accordiny t~Q f~ Jien ot puiry of said 1MORTGAGEE and the practioe of tutl~
& To duly. promPtly and fut ~ ~ ` ~ ~ "
ly perform. discharge, execute, effctt, oomple% eortipty with ~nd. a~de Ar o~ch and ,wery tbe at~pulata~s, agreemen»,
conditans and coven~nn in said promasory not~ arx! this mortqsge set f«th.
9. Thst in the event the ownership of the mortgsged prernises, or any psrt thereof, becomes vasted i~ ~ ppwn otMr than the MORTGAGOR, the
MORTGAGEE, its successors and assi9ra, msy, witi~out ratice to the MORTGAOR, deat with such :uc~ssor; or successor ;n int~reu wirli reference ro tha
monyage and the debt hrreby secured in the same manrror as with Mortgagor without in ~ny way vitiatiip p distharging the Mwtgagors' liability Ikre.
under a upa? the dcbt hereby secured. No sale of the premises hereby mortgsged ~~d no fubearante on Ihe part of the MORTGAGEE w its s~ccessors
w auigro and no extcnsion of the time for the paymem of the debt he.rby secured piven by the MORTGAGEE or its succeuoa or ~uigna, .ha11 operate
ro rekas~, dixh+r9e. modify cMnye a affecf the origin~l liabiliy of the MORTGAGOR herein, eithar in whole w in part.
10, It h speciPKatly agreed tMt lims is of the euence of this contract ~nd tMt oo waivar of any obl'~yation hercunder or of ths obliyation st
n:red hsreby shall at ~ny time thereafter be held ro be ~ weiver of the terms hereof a of the inshumenl secvred herby,
. n faego:ng monthlY paYments of print pDl and interest required by the promissory note secured hereby, mort9sgor cpv wtf'
and ~grees to psy to mortgagee w, e cnt an additionsl sum estimated by mwtgagee to be equa) to 1/12 of the annual co e follow-
ing:
A-All ~eal properfy taxes kvied w assessed against the above descri estate.
B-Prentiums oe~ fire and windsrorm inwrance as herein reqvired to be car~ied oe t sitnate on the sbove desuibed premises.
C-Premiums on such mortgsge guaranry insurance as mortgagee , to time deem c
Mortgapea shaEl from time to time notify ' nting of the amount dye and 'm t~ bsn secured hereby.
payable hereu such wm shall thereupon be dve and
payable on the dve dats of f y payment and exh succesirve month thereafter uroil mortgagee sMp no i ~
amouM. Such applied by mortgagee toward tF~e payment of real property taxes, insurance premSvmt, and mortgage guaranty ins
WITNE55 , the said MORTGAGOR hu hereunro set his hand and scal the day nd ar fi t aforssa' .
li in tl+~ praence of: ,
• e on ~s
ng e
~ a u n
rc-.+l
~ r~.p
STATE OF fLORIDA ~
courRr vF St. Lucie
e.ro~, m. P..,w~uy.~...~a Jackie Caynon, a single adult, ~
the i~dividwl~ dewibed in and who executed the for to me wel) knowe and known to me to b~
eyarg instrumenl. ~nd ~ctcrawtedged before me that ~f~er exeMed th~ tame for the pwposes
rherein ~xpressed. ~Ahd - ~
~vMs~ef~ll~wid
l~pKar~bYelM~ukew~sapws~rand~paw~ee~~+ie~~ii*e~b+n~~efe~w~iedged?s•w~~fwr~yiwt~ahse,~e~a~ed
w~iF?1wd~w~Miwi? ~rqr~wAr(~i~ ~~w~tAiwtp ~~ebswsfiow~.f~ ~f~.w•4wrw ~?+aii iM+~wdw ~s
wITNESS mr Mnd and offkial ~eat thi~ 6, d~y of J~ •A D. 19 68
Notary Pvbl' ~n end for ~he Sqte of Flaida ~t Larpe
R~turn To: My ~O1^m p^ °~°s0 I~sc' /47/
First F~dera! Ssvir~p~ ~ loan Asyxiation • •
Of Fort Pierca ~`;,ti~~?~?~~~~,~ tJetary Pubfic. Slih Of F~011di ~t ~
fon v~NU. Ftorids ' ' ~+j 3~:`~., . My Commissioa Expira Aug. 6. 197i
v , . . ~ • . v J ~r,~•d ~r fin i 4*~+ir Sn~
- • . ~,-;y~r^• r= FI~
- ~.~`c~ - e~ : E~ AND R
ST. ECORDEp
pC' i ~s " ~ „ E COUNTY
f rJ : , , ~ ..tlfi(~ v~;~~{.,r3~A.
• O ~ :
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T~~s ~~StN1il8Rt pf@pB~P!~ ~V ~ ~ - = Q . ~ , ~s~ JU~ ~ ~g ~
~ 8 ,~f 1
.
Flrrt F de:~! i.,.~~ 4ssn. _ S~a~`~;,.~ Q• 23
of Fort er - ~ . ~~Q-Po
'~~v: i'QjTf? :r'
_ 60QK~ PACE~~~ CLERk CfRCUIT COURT
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