HomeMy WebLinkAbout2454 ' i I.~ ~ t ) • • ~ ~ i
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S. To pfaa ~nd oontiew+owlY Iu~P on tia buildin~s now a Mnah~? iftuat~ on said la~d and on ~II puipm~nt Md p~r~omlly oov~nd bY 1N~ ~nort~
p~, with ~U pr«ni~r~# tMrwn paid in full, fin Guv~•nc~ ~n tne wwl su~dard policy fonn. ~n a swn approwd M? th~ MORTGA(3EE. a~d wMdtw?m
inswM+a in Mr uwal tundud policy fonn, in • wm approv~d by tM MORTGAGEE. tn wct? companY o? comP+~la a t!~ MORTGA(iEE m+~?
dinq~ and ail fin ~nd windswrn+ iruwano~ polici~s on any oi uld build~nps„ aoy int~~s~ tMnln a p~rt tMrwf, in tM ~rpat~ w~n ~fa~s+id a
b~aa ~Mnof, slwll oontain tl+e uw+l atandard mwtyaps~ cl~w~ a tuch otlw~ davs~ a tM AAorty+p» in+r ?~w~n. nNkW+p th~ bas und~r uW po14
ciM. ~xh and wKY. WY~b1~ w s~id AkORTGAGEF as in tntK~st may ~ppw. and euh a+d ~vKy wch poticy shall b~ pranpty us:qe~d ~nd d~Uwnd to
•ny A.Id by uid MORtGAGEE a fuMMr s.n,rity ro s.id mwtpy~ d~bb +nd. not less th~n ta~ (10I day~ tn adv~na of tM ~xpk~tion of ~ad~ policl?. ~o dr
liwr w Hid MORTGAGEE •?~nrwal tlwrwf, to~etM? with a?eaipt fa ths p~miw~ of wd~ r~new~l~ u~d tMw aMfl b~ no fin a wi~stwi++ in~w+nu
p~aad an any of ~aid buiWinp~„ a~y i~tsntt tl~~u+ a p~rt tFwrwf, vnless tn tM form'and with tM loss payabb +s ~fonsaidt and in tir ~wnt u~y swn
of nwn~y beoa~+a {»Yabl~ w~d~r wch polky a policia sald MORTGACsEE sh~ll h~w th~ op~ron to naiw and apply tM ~+nw on acaouM o~ th~ M~d~bted~
~~y ar a o~mif s~id µpATG/?GpRS tp recNvt ~od ~ H a ~ny put thereof fw other p~+rpos~s, without thereb~ waivin~ w impair
~^4 +^Y ~W~M. ~i~n w ~ipht unw~ or ey wtw of thb mort~+p~r and in tM ~vent wid MORTGAGORS ~h+ll fa ~ny rww~ fa{I fo ke~p th~ ~aid prani~ea w
insw~d, w f~il b d~livu P~~W~Y ~Y of s+id policies of ir?sursrw to ssid MORTGAGEE. or fai! promptly to pay tully any prNniwn 1Mrsfw ar In aery~
nsp~ct fail b pe~foc~A, dhd~arp~. unwtw ~fhct. oompl~N. compb with «?d ~bide by this covenant. w any put lwreof, s+id MORTGAGEE may plao~ and
WY fa wd? Maw~rw~ o~ any part tlwrwf without w~lvtnp a ~ff~ctlnp +~Y oW~o~4 ~Mn. pwtl/. or ripht ~ undu a by virtw of ii'~ Matpp~. and the
full amoum of ~ad~ and w+ry wch p+ymMt ~hall b~ immed'at~ly du~ uid payabt~ ~nd ah~ll bear int~.at fwm tM dan tMnof until psid N•tM ~at~ of
nin~ p~t pntwn p~r ~nrwm ~nd topetM~ with wd~ intaat sh~ll b~ setvnd by th~ li~n of this lnortyap~.
i. To pern~it, oonMnit a wffa oo wasM. MeW1rm~M or deteriw~tion of ssid propKty w arqr psrt tMrwf.
S. To pay ~II ad sinpulw tM ~cosb, chu9~a ~nd ~xpenxs. includinq a roason+bl~ attwe~ty's fee and 4osts of ~batracts of titl~. k~c~n~d o~ p~W at
sny tinw by said MORTGAGEE, b~ca~s~ a 1e t~+e ~wnt of tM f~ilwe on th~ p+rt of ti+~ utd lNORTGAGOR a duty, promptly u?d fvly perfotm, d~schuy~
~xecvt~. ~ff~tt. oomPlN~. oomplY wi~h and abide by ~~ch ~nd ~very ~he stipvtation+. +p~ee~^ts. caxlitioro. aod covenann of said prantiwry not~ uw! t1w
m~rt9+p~ anY o~ ~irhtr. and s~id cosb. thu0p +nd ~xPe~e~. tath and wKy, sh~ll b~ imn+ediately dw and p~y~bb: whetMr a not tlw~ b~ ewtioi d? !
mand, sthmpt to oolMct ar wir P~~~+Ds and tM full ~rnount of wch and we?Y H+d+ P+Ymsnt shall bea. interes~ from tM d~~~ tM~eof until p~id ~t the j
rate of nine ptr eenMn psr amum; and all said obsts, du~s ~nd expenses intwred ar psld, topethu with such inqrat. ah~ll b~ a~cund bp th~ lia~ o# tlw i
mort~~p~. i
0. Th~t I+~ ie tM went of aehr brssch of tl?is Morty+ps a d~fwlt on the pa?t of ths MORTGAGOR, or (b) in tl+~ went any of s~id wRa of mon~y ;
hK~in r~{~n~d to b~ no1 promptly u?d fully paid within thirty (30) d+ys ~ext aher tM s+m~ saveralty baconK dw and p~yabb. witlww darwad a ewtiu. ;
w W 6+ Mw .wM each .nd .wry M» aipuariom. +gre.enenrs, ca+d~r~an .nd aoreo+na of sa~d promtsswy nob ~nd th~s mortp~p~ +~h? a ~itha an nol ~
iuly. P+omPNY ~nd fvlFy p~rfamd, d~sch+rped. ~xecut~d. ~ffected, aomPkted ~~+P~ied with ~~+d ~bided by. tMn in eitMr a ~ny sud+ ~wnt tM said ~
prq~» wm m~+~tiawd in said promissory not~ then remaininp w~paid, with interest atvuad. and all moneys sstvred hsreby, sMll bscon~ dw and p+y-
~bl~ forthwifh, a tiw~aha, at the ^r!~ ~f aaid MORTCsAGEE, as fully and compl~rely as if all of the said sums of mawy wen wgioallr qipulated
ro b~ p~id on wch dsy, anythinp in sa~d p?omissory note w in this Morps~e ro tM contr~ry noMrithst~ndinp; and thereupon or iher~~fte~ st ths oprion of
said MORTGAGEE, witlwut not~u or ds+e+nd. wit at law or i~ equity. therafon or thereafter beyw?, may be prosecut~d u if ~11 morKys s~c~nd hu~by
FNd m~tw~d prqr to ita i~stiwrion.
7. ihat in the went that at th~ b~ginninp of or at any tim~ pendirg aoy wit upon tha Morty+qe, or w faeclos~ it, or ro nfwm it, a ro enfora
p~yrr~M of any dainn hereunde~, said MIORTGAGEE shall apply ro the CovN ksviny jurisdrctioe thereof fw the ~ppantment of a Receiver, wch Co~it shall
FortFiwith ~ppoint a naiver of ssid matpapad property all and sirgulu. includ~rg all and sinyul~r the inc~. profin. bwes +nd revenues from what~ver
sourc~ deriwd, each and every of vrhich, e beu+p expressly w~derstood, is hersby mwtgsged ss if specifiully wt fath n+d describ~d in the 9.~roinp and
hab~ndwe dauses hereof, and sud+ Receiver thall h~ve alt the broad and effective functions arw! povren in snrwae eeNrusted by ~ Court to a R~ceiwr. and
~uch appoietmem shall be m+de bp wch Cowt u an admitted equity ~nd s rn~tter of ~bsolute ~igM ro sald MOR~vAGEE. and witlwul nfe?enc~ ro th~
adequscy a inadeq~scy of tM valu~ of the p?bperty mwt9~ged a to the sowency w insolve~cy of uid MORTGAGOR w tM defendaMS, and that wch
rents, profits, incane, awes +nd rtvanws sMll be applied by such Receiver eccordinp to th~ lien a pviry of said ~IWRTGAGEE aid ths practia oF wd~
C~rt. '
8. To duly, pranPtly and fvlly pKfwm, dischsr~s, execute, effect. corrpkte, oomply with aed abid~ by each and wKy the stipulations„ ~preert~sets,
cond'aioin and covenants in s~id promisiory note and this mortgage set forth.
9. Th~t irs tl+e event tM ownership of the enatga9ed premises, w any part thereof, becomes vest~d in s person otM~ th~n the 1NORTGAGOR, th~
MORTGAGEE, its successors aod asspns, may, without noi~ce to the MORTGAOR, dest with such wccessor or wapsor in interest with refnenu W tha
mort9a~ and the debt herebr ~ecured in tM same msrw~ +s with Nbrtyagor withow in aey way vitiatinp or discharpirg the MortQs~ora' It+bility Mr~
undc? or upon the deb~ her~by sewred. No sak of the premises hercby mortysyed and no fwbearanoe on tha part of ths MORTGAGEE ar its waeuwa
a~u'gos and oo extension of the time fa the pryment of the aebt hareby secured g'rven by ths MORTGAGEE or in successors or assipns, sMll opasts
ro nlwe, d~scFwrpe, modify d+~rge or affect the original lisbiliry of the /NORiGAGOR here'u~, tither ir. whok or in part. i
10. It b specifically agned th~t tima is of the essence of this conrnct snd th~t no waiver of any oblig+tion hereundcr w of tM oblig+tion se- ~
a;r~d Mr~bp shall at any time theresfie? bs held to be a w~iver of the terms hereof a of the instrumeot sewred herby.
ff~~d ' n to the fwego:ng monthly payments of princ'p,l and inte~e~t required by the prom~ e y, mort9ayor coven~nts ~ ;
and a~ees ro psy eo m ' ~ each monthly payment an additional sum estimated by eqwl to 1/12 oi the annual cost of the follow- i
. ,
ing:
A-All real property axes kvied or assessed ayair~at ibed rcal estate.
6-Premiums on fk~ and windstorm ' s ein requ~red to be urr improvemenb situate o~ tMe above described premius.
C-Premiurr~s on such mort w?anty insura~ce ss mortgagee shsll ~om tGme to time rry on the loan seaxed hereby.
' Mort9agee sha time ro time ratify mortgagor in writi~g of the smoum due and paysbk hereunder an shall thereupw~ be dire and
Ij pay~bl~ on date of the next monthly payment and each successive month there+fter until mortysge~ shsll notify nartg~'e chanpe in such
~ a wms sh~ll be ~pplied by mortysyee toward the paymenf of real property t~xes, insuwnce preen:ums, ~nd mort9aye ~usran ' anoe
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~ WITNESS WHEREOF, the ssid MQRTGAGOR has herevntp set his ha~d and sesl the day snd year Pust afwa~aid. • ;
~nd del in pr~~a of:
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STATE OF FLORIDA _ ~ !
~a,,,j,Y ~ S~i nt L~,c ie
e.f«. m. wr,o~++er ,pp.+na ~T~~ sf., r.aA T•nwia .na
S~+aran Lo~ia ha wife, to me welt known and known to nr fo b~
tM fe~vidwb dacrib~d M~nd wta ~x~c~t~d tht for~oinp lmtrum~nt, and acknowl~dped b~for~ me that tMy ucewted riw ssrro fo~ tM purpos~s
ther.i„ .,~p,a~d, A,,,d d,. ,.b Sh siren T.ewi a ,
w:i. or d,...~a I`LolAn Lee Lewis „~...p...~..~a
~a«nirwt3on bq n» tak~n wparat~ ~rd ~part from he~ wid bwb+nd. ~dcnowbdped ro arw! befor~ m~ that ~ ~:~cut~d s~id irotrurt»nt hady and wlvrf
~~rilp ad withad +rV~ oomPub~o~n. eautriim~~. ~pr~h~ns~oey or f~r of o~ from I~ s~1d husband ~
YYITNESS ny lnnd a+d official ~1 this~ D~ d~y of A. D. 19
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Not~ry Pu in p+d fw t St~ta Fforida ~t L~rp~
~ Mr / y
R~lurn Ta
~rn F.a.~.~ s.~. a~ ~.,«~.r~ FIlEO AND RECORDED' p~, s~ of fbrida at tuq~
a r«~ v;«~.. ST. LUCtE COUNTY. FI.A., ,
tt= CnR~ „rR.r~E ; ,H ,E~~ AW 6 1911 "
Fo.+ i».c.. F~«id. ' R,va•?~..w.~~ E:as.rl~
~j `y . '•~~~l~~~ S+?
_''%~~~,~iLJ ~
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This instrumait prep~red '66 JUl 22 AN l.~ ~7 4 r~; _
Frst Feder~l S~r. ~ Lo~A Assn. ~ : ; • . ° _ .
o~ f~-t w~?u lf S94F3 r::, o f` :v ;
~~~~_r.~; i•o~1R,~~..~, ~ • = . t
uy 1~~~%~~ { CLERK CiRCUIt C~"~'rb~''•...~••''',~~~`
4~ ~ r ~ +
•~~~Nt1~o1~Lt\>>\
d~U11 ~~Zj l~YC ~ i~ r~.
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