HomeMy WebLinkAbout2458 ` ; . ~ i.~, `i ~ •I
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To plao~ ~nd oonthuov+h? ~P ~ the buildinps eww a MrNftw stiwaa oe~ ~aid land and on all Kutpm~nt and p«son+lly oovK~d by Mb m«q~ ~
pw with all pr~miwdl thaean p~id in fvii, M Inswana in tl~ vswl itandard polky form. ~r? ~ swn app?owd by tM MORTG/?GEE. ~nd wi~tonn
in~wana M tM uiwl stw+d+n! policll iore~. h a wm ~pprowd M? tM MORTGAGEE; in wd~ con~P+~Y p~P+^~ a th~ MORTCsJ1f3EE ~y
dinN~ ~nd dl firt ~nd wind?to?m inw~~no~ policia ~ uW of wid buildi~g~ ~ny intK„t tFanio o~ part tl~?wf. in Il~t ap~.
bat ~ s+id pol}
N~xaa tMhef. ~MII oont~in th~ uwal stv~dard mor~9+~ ciavs~ a wd+ othu dau~ tM l1Ao.ty+pN m+Y r+W~n. n~+k4~Y
dM. Nth and wuY. p~rabl~ to s~W MORTGAGEE as in tnlKest m~Y a+d ~ad~ ~nd ~wry tuth Policy sha11 b~ pra~y? asqned ~+d d~livw~d a
.nr Mld by ~aW MORrGAGEE a funh.r s.owiH ~o said morqs~. d.W. ~nd. not I~ss th~n ta~ l1~ d+ys in ~dvanu of tf+0 ~xpir~tion of wcl+ polkl?. w d?
liw /o ua P.:~.4TGAGEE ~~~r~ewal tMr~of. top~thu wirh a nceipt for tM p~wnium of auch r~wati a~d ii~;~ ~Mil b~ no fin w windstam in~x+~a t
pbpd on ~+~I of aid buildinp~,, ~iM? tnh.Nt tMnin w part tiwnof. unlaa in eh~ forn+' and wi~h tlr loss pr~abN a ~fwaaid~ ~nd in th~ ~wnt aay ~wn ~
of mo~tY W1?abN uid~ wd~ po1k1? o~ Pdici~a aW MOR?GA.C:E ~aN haw th~ option to naiw and apply tM s~ on acoa+m ol tM ind~btd~
nqs sKUnd hK~by or t0 peirnit aid MORTGAGORS ro no~iw and vN h or aM? pu1 thereof for other p~rposes, withovt the~ebr waivinp a imp+ir-
~+^1? push?. lia~ a riqM wdK ar by vktu~ of thh mort~sqet u~d h tM ~wnt wid MORTGJ?GORS sh+ll fa ~rty rwwe f~il to k~ep tM wid p~Nni~s w
inaund o~ fNl to d~liwr P~~^Pt~Y ~Y of wid polieNs of ieaw~no~ to aW MORTGJIGEE, o. r.ii ~o~~y ro Pay t~ih +~r w«~i~ ~ha~.ta a M ~eqr
nipM bil b p~.fo~n~, ~xscut~, ~fhcf. oompl~», aomplp with and ~bkM by thb oownanl, a~ny pKt Mrwf. s~id MORTGAGEE may plaa ~nd
P+r fw wd~ Gnwano~ or any psrt thwwf without wahrMg or afhctinp any opta~l, IMo, p~?ib, a ripht uedK w by virtw of this Ma~p+p~. ~nd ths t
full anw~m of ~ach and wKY ~ WY~M aMll b~ inw~diaNly dw ud pay+bb Md shall b~ar iraK~at from th~ dah tMrwf until paid ~1 tM ran ot #
n~ p~r petwn pK anmxn and fopether wNh wcA interat sh~ll b~ wcund by tM li~; of 1Ns a~o~q+p~. +
4. To p~m~it, oomnk or wff~r no wast~. Mnp+irm~M w d~t~riowtion of s~id proputp or +~Y Part 1hKwf• °
5. To p~y ~il x~d ~iepula th~.oosh,, ehupN +^d ~xPsn~~, tncl~d'u+p s hsson~bl~ attormy's fN snd awts of ~b~naets of titk. tncurced w paid ~t ~
any tinw by said MORTGAGfE. b~caw! a i~ t!K ~wet of tFr f~ilun on tM paA of t!» said 1MORTGAGOR b duty. 5wo^+PMY s~d tvliy pKfonA, d~aclur9q '
~x~cut~. ~Ned. oompl~t~. oomp~Y with and abid~ b~? ~ad~ and ~vary tM sHputatiaw +p~^~. ca+ditian. ur! cnwn~na of a~d promiswry noh ~+d this i
+„arp+~a +nY or ~itMr. and sad costs. dwWs aod ~xp~rres. ~sch a~d ~wry. slwll be immsdiat~ly dw and pay~t wMthar W ~IW fM/~ ~ 110tiOf d? ;
m~nd, att~mpt b eolMct or wN p~+du~pf and th~ tull arrawN of s+d~ ~nd w~rY ~ P+Y~~ ~+U b~ar intenst from tFr da» th~reof until p~id at th~ ~
rah of ~ pe~ oentvm pa +nn+ms +nd all said odsts, dw~s and exptrws inaKred a Wid. topNMr with wch intu~st. shalt b~ s~cw~d ~I tM li~n of Nw R
morq~p~. ~
6. TMt ja) te tM ~vem of ~e?y bre~d~ of this Maty~ or defwh on Nr p~rt of the Al10RTGAGOR. w(b) in tM wsat anr of wid wna of nwMY
Mnb nf~rnd ro b~ eot prompny u~d fully paid within tAirty (3~) days n~xt ~he? tM s~ne s~vswlly become dw ~ad payaW~. wHhout dsm~nd w notiot.
w(c) in th~ w~nt ~+d~ ~nd ~wry th~ stipul~tions. +~~a.nMts. conditions and oownanb of said p~aniawy noN aed this morq+pe +Mr or ~ithsr art no1
luN, pro~y .,,d fi,iy o..fo~,,,.d. d~sdwrped, ~xewad, eff~cted; canpbt~d. comPlied with and abided by. th~n in ~itl~ or any such ewnt th~ said ~g
prq~N swn ma?tia+~d in said PramiuotY rot~ tMn ~emaini~g v~P+~d, with intenat aarwd. 'and all moneys secv~ed l~ereby. sF+~ll bsco~r~ dw and WY-
~bb fo~thwitl~, or ttrrwH~r. ~t t!w option of s~id MORTGAGEE. as futly snd oon?pletely u if all of the said swna of nwn~y wtn apieally stipula~ed
ro be paid on wch day. snyMinp in said promissay not~ or in this Mortp+y~ to the contrary ~otwitMtandinp; ~nd rherwpon a thercaftar at the oprion of
aid MORTGAGEE. without notic~ or dsmand. wit ~t la~v or in pvity. the.efon or ther~+her b~pun. m+Y ~ P~1ed as if all mo~s s~tw~d her~by
Md matw~d piar w its institution.
7. 1Mt in th~ weet that at tM b~yinnin~ of or ~t any tim~ pendin~ aay suit opon this Mwt~e, a to foreelo~ it. w to roform A, or to anforo~
paym~nt of ~ny dsims herew~. s~id MORTGACsEE sMll appty to fhe Cwrt havinp jvrisd~ctia? therwt fa Me ~ppomtmant of ~ Receivar, wch Gouit shall
(ortliwith appo:nt a rao~iw~ of ssid mortp~gad propsrty aq and tinpvlar. inctud~np all snd singul~r th~ incom~. profin, issws and r~w~ues from what~ver ~
sourn d~riwd. ~sch ~d w~y of wh~. it beirg ~xpressly unders~ood, a herevy mo~t9aged ss if apeciP~caUy set fonh and d~acr~bed in tM ~antirq and ~
h~b~ndum claw~s h~nof, and such Receiver sh~ll h~w all tM broid ~nd eff~ctiw funct~an snd powen in anywise ~rMnated bY + Ca+?? to a Receivsr. ~nd ~
wch ~ppointmeot shsll be rnade by wth Cowt ~s aa admitted eqviry ~nd a m~tta of absduro riyM to said MORTGAGEE, ~nd without nferenq to tM ~
•d~qv~cy or M~adeq~+cy of the vslw of the prbperty mor:pa9ed or to the w~vency or inwlveney ot said MORTGAGOR or the defeodanta and th~t avcfi E
ronn„ prof'ns, income. issues +nd revemies sh~ll b~ spplied by sucfi Receiver saordinp ro th~ li~n or p~ity u: u~ MORTGAGEE snd tM pnctia of wch ~
Cawt. . ~
a. To dvy, pranptly and fully pKfomi, dnchary~, uceeute, effecr, compkt~, aomply with and abid~ by e~d~ and wery the stipuktioes, apraermnts,
cond'dioro and oovenann in ~aid pramaso~y rwt~ aed ihis mortpay~ set forth. .
9. Th~t in tM ew~t the ovvnenlrp. of th~ mp~t9+Qd Pramiks. b? ~+Y W~t=tM~eof. becornes wsted in _ a perwo dtl+er thsn the 1MORTGAGOR. tM
MORTGAGEE, hs wccesso.s and assiyns, a++y, wi~lwut ootice to fhe MORTGI~OR, daal with such waeuw w suaessor in inuresf wi~h reference to tha
mat~~pe u~d tM debt her~by secured in tht ~arne msrm~r ~s with Mort9spw withow in any w+y vitiatinp or dial~arp'~ng the Mwtyspon' liubility !wr
urd~r or ~pw~ th~ debt hereby senxed. No sal~ of tFe premisa i~ereby mortpsped and ~+o fwb~swooe on ths put of th~ MORTGAGEE w in successws
w assiym and no extension of the Ymne for the psymem of th~ debr hereby secured yivsn ~by tF~e MORTGAGEE or its sucoessors or assi9ns, shall operah
p nteast. d;scF~ar~. modi(y chaew,r a ~ffect the otip'wl lisbility of the NYORTGAGOR Mrei~, eitl+ar in whak a ie put.
10. It b specifically apreed tMt tiw+~ h of - the es~ of this contrsct ~nd tMt n6 waiver ot ~ny obl'gaYan Mre~e~da w of tM obllystion sr
cw~d hueby sh~ll at sny tim~ ~hers~he? b~ held ~o bs a w~iva of N~e t~rms hereof w of tFw instrument sscwed herby.
11. In add~tion to tfie fwego:ng mon~hly psymenn of princ:p~l and interest required by the promissory note secvred hereby, mortysgor covenann
. ~nd prees to psy to mortyagee with esch momhlY payment an addi+ional sum estimsted by mortgagee ro bs eqwl to 1/12 of the annwl coat of ths folbw- R
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A-Atl rsal propery taxes kvied a assessed syai~st the above described resl estate. ~
6-Premiums on firo ~d windstorm a~wrance as hs?ein rcqdasd to be urr'~ed on the improv~menb situate on the ~boye dewibed pre~qises.
C-Premi~rns o~ s4ch rrwrtgsge 9wranty iiaurance as mortg+pee shatl from ~time to time deem fit to wry on tF+e loan secvred hereby. '
' Mort~ape~ shall from time ~o time notify mortgagor in w?iting of the amount dve snd psyable hereunder ~nd wch wm slwll thereupon be due and ~
; pay~bM on'the due d~t~ of' th~ ~+ext monthlY WY~^~^t and ssch waeuiw moeth thsresher unNl mortysgee ~11 notify mortgagor of a dunp~- in wch
I amwmt. Such wms sMll bs applied by mortya~ee toward the payment of real propeAy ta:es, inwrance prem:ums, and mort9spe yus?anty inswanc~ ~
pnmiwns, f
IN WITNESS VYHEREOf. the said MORTGAGOR hss here~mto set his hand and se~l tf~e day and year st ~faesaid. ~
ed iri tM pr~a~nos oh i ~
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STATE OF FLORIDA
pp St. Luc_ie ~ ~ ;
~ ~ ~,~~y, &lNard K~fdrick ~
Margaret Ktadriek his wife, to rrM well known snd keawn to me W b~
tlw ind'ividwk d~wib~d b u?d who ~x~c~t~d tlw forpoinp iiatrurmnt, and ~cknowledpd befon m~ th~t tlwy ~xacut~d th~ sam~ fa th~ P~?Dos~s
.,~..,..a. ti?d ..:a Maraaret K~drick _
~ Bdward ~dri upon . ,.P...a .~d p~iv.h
~aanw~tioe by en~ t~k~n a~par~» and apKt fran ha ssid Iw»b~nd. +ciuwvnl~ed b~nd befon nr tMt aM euewted said inatrwe~?t frs~ly ~nd volwr
tarilr M+d withovt Nq? wmpu4iot4 eon~trsint, ~ppreMn`sioey,~ Mar oi ot from ha s~id husb~nd. . •
~t~~~FN ~ f~ M~ ~RM ~Yi uL day of ~l D. 19_b.~
Nauy Pv and fa th~ St•a of fbrid~ .t t~rp~
N?Y ~~•G. / S~
R~twi~ Ta
finr hd~ra) S.vinp~ i lo.n Auociat~on ' ' '.Voixlf ~ of Ffolidi it ~
Of Fpl PiKt~. ,~..o~1tt:;;.ti ~i,. ~ E~: 6. ~n
m
Wrt PiNU. flwida ..;~~`11'1' ~ ~~~I[YI~EratalYb~
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. . , ~ r _ FILEO AND RECOR~EO
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By J. w, collina ~ sB J!,I! 22 ' 0
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~OQK~~~ PACE2444 ~IERK CIRCUIT COURT
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