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HomeMy WebLinkAbout0887 ~ ' • f . ~ ~ ..i to pl~a and ooetMK?ov~ly kNp on th~ buiMieps oow w M«afta ~itwb on uW tand +nd on ~II ~qvipmeM ~nd p~non~ily aovK~d by tht~ n+at~ ~p~„ with ~11 pr~# tlwrwn p~id in full, fin intwurc~ in t!y uswt standard poliey for~, ~n a twn approwd by tM MORiGl1CsEE, u~d wind~tam irww~na In th~ wu~l atu~dud policy forn~. in • wm approwd by ~M MORTGAGEE; M+ wch company a canpsnia a tl~ MORTGAGEE nwy dk~ct~ and dl fk~ ~nd wiedstonn i~waao~ polk'~ oo ~ny of wW buiWinp~„ any IMK~s~ ther~tn w p+rt therwf. in tM apOrpaN w~n afa.asald a tn ~ca~ tMrNf, ~hafl aonNh dN uw+l atandard mabapN dav~ a such aMr dauN a th~ Maty+pN m+Y ~qvir~. nwtMp th~ los~ undK ~aid poli~ •n~hdd wid MOR~ GAY GEE a fwthu uw.ihrEro a.W ~~erat maY appta•. a„d ~ad~ and wMr wch poltcy aha11 b. pomptly as+qn~d and dtliw..d a Y b1? monp+p~ debr, and. eat 1~ N+in hn (1~ days in sdva~u of tIw ~xpir~tion of NeA Po1kY~ w dr 1Mr ~o aW AAORTGAGEE • rrn~w~l tMhof, top~~lwr wtth a naipt for tM p~n~iwn of wd~ ~awwali ~nd rh~ sh~ll b~ no fin a windstwm Mawana plaad on ~ry? of Nid buildin~ ~ny iMwat 1Mr~in ar pw1 tMneof, unlp~ in tM fonn'and wifh ~I+. tos• p~ysbl• u•fonssld~ and in ~1+~ ewn~ any w~n oi moewy b~carwt parabl~ u~d~? aueh polky a polki~s s~id MORTGA~3EE sl+~ll Mw tM option to npiw w+d ~ppip tM s~nw on aaw~wsl o~ tM intl~bt~d. e»a Naind Mreby a w pKmU aW MORTGJIGORS ro na~iw and u~ tt cr ~ny pa?t tMreof for orher pu.poses, wi~hout tMreby waiviny a imp~io- +r+Y ~b. li~n o? r'pht ~er a by virtw of tlib mortpaq~t ~+d M tM ~wnt wid MORTGAGORS sh~ll fw any n+son f~il fo kMp tM s~id pnn?isa w lrow~d. or fd) b d~liwr Prompt~l? ~nY of s~W polities of insw~no~ t0 s~id MORTGJIGEE. o~ fail WomP~~1? b WY w~~Y ~^Y P~M?ivrn flwr~fw or in ~?p nsp~e~ f~il q p~rfan~, dbehar~e. ~x~oub. ~ff~et. eanPl~t~. eomph with ae?d ~bid~ by this eownant, or aey p~A Mr~of, safd AIIORIGAGfE ~eur pl~q ~nd P+Y ~ weA M~wano~ a any piet thawf without walvinp a aff~al^0 ~eh? aW1e~, ~N~. ~V~rib. w rght unda a by virtw of this Morqap~. ~nd tM fu11 ~nouM of ~ad~ ~nd rwry wth p~yn»M sMll b~ imrn~dAf~ly dw ~nd p~y~bl~ and sM11 btar IrMerpt frpn tM d~b rhatwf unttl p~id N 1M raa ol niM pK pntwn pa an+um ~+d ropeth~t wiM wcA inttnat shsll b~ ~ecwatJ by the !3M of tAb rnor~ap~. 4. To punal, cornmFt or wff~r no wnt~ ir~Wkment a d~terior~tion of s~id p~opKty or ~ny pm tMnof. _ S. To p~y a!) ~d sMpular th~.oott~,. tharya and sxpemK includinp a nasonable ~t~orn~y's fe~ and a~ts of ~bst~+cts of titl~, incun~d or paid ~:at . any tinw bp wid MORTGAGEE, bacsw~ or in tM ~wat of th~ i~;luh on tM paM of tM said MORTCAGOR to duN. promptiy snd fuly p~.fwn~, d'acMry~ ~xecvt~, ~fhct. oanPi~N. oaept~ with and ~bid~ by escfi and avsry the sttpul+t?oray p?~ems^ts, conddiaa, and cowiwnts of said pramiasory nw~ u~d thit matp~pt w~y w~ittw~, ~nd s~~d oos», chupa and ~xpanws, ~ach aod ~very. ahsll b~ Gr?mediattly dw and psyablet wh~tl+er a eat tMn b~ notici d? mand, att~mpt b oolkd a wN pN~Gnyt +nd tM full amouot of each u~d ~wry wch paymsnt shall beu interest from ths date tMnof until p~Id at fl~ rate of nirr p~r centum p~r aeuwnv and aq ~id absy, cha~9ts snd expenys incwnd or paid, topethar with such int~r~at. aMll b~ a~cund by t!r li~n of thia ~+D~ ' ' A. Thit (Qrkl tM w~nt of any bnach of tNs Mortpap~ w defwh on Nr pan of tM IYiORTGAGOR, or (b) io t1M twnt aml of ~aid ~trr+y of ~no+ky hx~in nhrr~d to b~:not pomptly and fully paid witfiin thihy•(30) d~ys ~ext aher tM same s~vewlly becorn~ dw and payaW~, without dan?and or netic~. or (c~ in tlr ~w~t each and ~very th~ atiPu~+tions. sQ~a~nwnts. coe~d~tions ae~d eov~ns~n oE ~a~d promissory note ~nd thia mwly+pe ~nY or ~itM? ~n nw ivly, prompry and iutH v~f«m.d, d~scha.yad, ~xsa,r.d effac~ed. completed ca,?~I;ed wi~h ~nd ~bided by, th~n h NthK a any wch ~wnt tM ~aid ap~ prsa,~ta wm rrwntia+~! in s~id promasay not~ tM~? nmii^inp unP+id. with inferest accrued, and all monays asevnd her~by, th~ll bscorra dw and Wr •bb fonhwitly a tMrafte~. at Hr option of said MORTGAGEE, a fvlly and con+pletety u N~N of the said sums of mon~y wer~ ai~inally atipulated to be p~id on sucfi daY. anylhieg in said promissory noro w in thi3 MO?1~iQ! t0 tM OOnttiry ~Wfwifhlt~i~j and tha~vpon or ther~ahK af th~ option of •aid MORTGAGEE, withovt notios w d~mand. wit ~t la~r or in equity, therefw~ or thereafier be9un. nuy 4~ prosecuted ~s if aN mornys Ncur~d Mnby had enanir.d pria a ib insriwrion. 7. That in the ~vent tMt at th~ bs~kr?inp of or at any tim~ pend'ug aoy wit upon this Mortgay~, o~ to fw~clost M. or tp roferm N, a ta an{pp paymenl of aey daims Mrevnder. ssid MORTGAGEE shail apply to the Cou?t l+~vinp jwisdiction thereof for the ~ppo~ntmaN of ~ Receiver, wch Cov'rt s1y11 fo?tliwith appoint • rewiw? of aaid mortyay~d prop~rty all ~nd sinpvlu, indud+ng al! aod ~ingulu the incorm poiita, issues and revenuas from what~var wurc~ duiwd. ~ach and ~very of which, it beirg ~xpreuy w~derstood, is hereby mongsged a if apecifically set fonh and dewibed in tM ~rantinp a~d hsb~nduen dauus hsreof, and such Reuiver sh+Il have all the brwd and effective funct~wu and pov~,en in anywis~ entrusted by a Court ro a Reoeiver. and wch appointment shall bs msd~ by wcb Cour~ ~s an adm;ned ~q~ity and a matter of ~bsolute right to said MORTGAGEE, ~ withoW r~ference to th~ adequsty~or MrdeqwN~o~My va1~l~t~tlw WaR+h ~~p~~M~to tF~e sdirieicy inso~lventy 8f "a!W MORTGAGOR br`•th~ defeedaots, and tlut wch fe~~. aqfu~~+~o+!K. ~.~a.c ,'r«'~":~.u b.:~,~»d,br,wd~,~««y...«o.d~ ~o,~.~ a,~v„nr ~•Mid MORT£sAC# ~nd the practiu of wch CovA. - . ~ . _ d. 1'0 ~luly, pranpttj? snd tvly' ` i!'pdwrye; ixiicwe, effect.~compfete. ~compl~? wi~h and ibids bylead~ ~nd ~wery the stipulations, aa*een+ents. conditians Md oov~nanu a~aid prarntwory=i~oN~ Md thi~ nro~iy~pi sN taHl~ f i; I. . 9. Th~t in tM event tM ownaslup of tl+e mo??9+Qed Pra^++ses, a+~Y P+?~ ti~e+eof, becomes vested in a penon other th~n the MORTGAGOR, th~ MOftTGAGEE, hs ~s ~ a~s~,m{~r• witl~oYt _~a;ca ~o:~~ µf~1~~~',/~QR, ded wi~h such suaessw a successor in ioterest with ~farenc~ a thls ' mort9sp~ and tl+i~~ebt h~reby sgw?id in tM same msnrier ~ wSth Matga~w without in aey way vitiatuq or, ~i~charpi~g ths Mortyagors' liability Iwr under a ~pon tM deM iia~by secwad.'• No sal~t of 1Re ~piem~s2s• I~redyle+ortgayed~ ~nd n'v. forbaannte' oA the part of the MORTGAGEE or it~ woceswn or auiyry an~ ew eatN~i'lop of tht ~i~;:fftct~th~~uls 1~tiry~of the IY10RiGAGOR hebeiq.heit~in ~w~Iqk` ~or~ ~~atssors or awiyns. shrll opuat~ to r~t~ai d"~sdianye; mod~fy chi~ge ,y Q::j!•E~ X }:i~.~~ ..~-j l,.,... ~ : T ~ t. • • ` i7• • l_• . ; 1R It F1 sp~cifka~ly ~'y'rced that time ii of tM es~ence o~ this coMract and thst no w~i~ia of a+y oblip~l~ w~der o? of tM obli~atiw~ as- n:red l~teb~ shill n. ~i~r ti~ thdNfte~ be heW f~ b~ i w~ive~ bf the ~~s= f~~eOf or~F tM ~sttvmil?t s~0/ad f~lrb~.~ ~ 11. ln addifldh to tlt~fetego:^9 ^~h~' WY~'+~*N of print'p~k snd intere~t=feqifired by~ the~ proeNi~oFy nbrd sefzired• herebY; mdrtyagor cownanb ~ . arxl ~grees.w pay. ~o morrQap~ wet~ each s~a,~hl~r•p~ym~n~~an add;ripul wen Ktyn~ted:b~r w~orl9rBe~:1o be e9W~.1o 1/}Z of the atrwal cost of the follow- ing: • ~ • A-/111 real property taxes kv'ied a.ss;esseJ a~ainst the' ~bove de3cribed real~e`state.` - : ~ ~ B-Premiwns on' f`ve an~ w~r+ditorm ~ ir`~svlsnae is herem requ'aed to be 'tamed' or? tlie improve`merit~ situats on the above described premises, ~ C-PF~A1umt an s~ iriortgs~e'gwrihd~? •iii~bnr,cs morfyigee -sliiq f~ein*time'to time deem fit ib cirry ois tbe losn secured hereby. Matyi}re sh+ll' from' Na~e to~time. noHfY ~9+9~? fw vJ~i1iS~ of •1F~ amethit. due and payabl~ fierevrkler. and such wm ihall fhereupon be dve and paysble on the due datc of the next monthly parmem snd each successive manth thereaher until mortg~gee shall notify nwrtgagor of a than9e i~ suc1; amouat. Such sums sAall be applied by mortgspee toward the payment of real property taxp, inwrance prem:ums, end mort9sQe 9wranty inwr~exe premiums. I WITNESS MfHEREOF, th~ s~id MORTGAGOR hss Ixrevnto set his hand and xat the d~y ~nd r first afwesaid. iprwcl, Md de v~red in the presence of: . ~ . ? . ~t O ~ ~ 0 n ? ~ ? ~ . . n srare oF IRGI A ~ ~ • ` - courvr~r aF ' ' e.fot. m. p.noe.r .pp~,nd Clar~!!ce B. Bzook: ~ - ~ ~ ~ ~ I~11C9 B!'OOkf his w;fe, to me wetl known and known to m~ ro b~ rl+~ Ind'nidwb dacribsd in and who ~xearted the fore~ou~ instnxmnt ant! acknowledged beforo ms thst thsy execuled tlw ssm~ for t!w pwpq~N therein lxpn~t~d. Ar?d fh! M~d N~:iC~/ T• B=00~ , s..,, ,~re o+ ff» ..~a C2u~nc~ B. Bsooks ~ ..ep...t. «,a priv.t~-. ex~min~tion by m~ qken Kparaf~ and ~pan from F+n said Mnbr~ adcnowledgsd 10 ~nd befor~ me that she executed said ir?strumjnt f~«I~ ~nd vol~+R~ tarily and wNhout uqr compvlsion, oo~utainf, +PP~~~ ot har of or from h~r said ;~,l ~ wlTNess m„ h.~a .~a offw.~ ,F~ a/ d.p of A u - ~ ; f I1.'D..19 FILEO AND RECORD . : - ST. LUCIE COUNTY, FL,q, ~+~r ~k ~+~d fw ,he st~r. ot a~ t« . . . R~CORD YERIFtEO Mr c~,?~.,~+ ~ ~~9~~~' , ' ' Wst F~d~rat Savinps 6 tosn /1swu~tan • ' • : , ~ . ~ - ` ` ' 0/ fai Pierce. ~O H 2~ ~aL~~(,~'rl~ r~. ~ P~.~. F~~. ~ 16593 ! ~ ' S 1 ~ ~ ~ ~ b ~ . ~ - 8 t`~'~: ~ t-OrTR~S OUEEON C1A45'C' INTANGIBLE ERSpNAL POROPERTY~ CLERK CIRCUIT COURT PURSUANT TO CHAPTER 20724, ACTS OF 1041. This instrument prepared br RC-G R~~.~~~. ; c~~?~ c~~a~t c,,«,n ~irst Fede: al Sav. b~~~ qs~, os Ac~ent fcr CU TIS M. ~~s • of Fat'f . s~. tarcle cou~? Tex eo+~eaor ~ • - • . ~ ; ~ ; . ~ d~~~ 1~ n Qelc i ~ ~ / ~ ~ A~ : ~ _ _ _ ~ . . _ . .