HomeMy WebLinkAbout0895 ~4~:,Y
To plaa ~nd aoetkwovsly kNp on tM bupdinps now a Mr~aftw ~itwh oe said I~d ~+d on ~il puiP^~t ~nd P~eso~athr cownd bY fN~ +~t4•
~pa vrith a11 pnmiunA rh~non pud in bt4 ftr~ ka~xanu in ~h~ ~w1 sta,da.d po~icy fonn. r? a w~1 +pprowd bt? tM IWORrGAQEE, ~nd wind~+~o.~
t~w~.ana N tM wwl uandi.d policy for!n. in a wm approwd by tl» MOR?GA6EE. in wcA oompsMr o~ oomp~niM a~ tlw MORTGAGEE ~I
eWrett and ~11 fin ~nd wi~?duona iruwana polkia on an~r of aid buildinpR, ~ny MNr~t tl~sin or pat tiw~ot. in Nr aap?spab wa~ afor~ or
M ~ua~a tM~.~i. shaU canab tM wwl ata+dard. maq~ cl+us~ a wd+ aiwr cl~uw a 1M Morfp+q~ m+Y n9ui?~. nNkM+O N+. la~ w+d~? uid Poli~
ciM. Mch ~nd w~ty. WY~bI~ 1o s~W MORTGAGEE p iri k?tuat m~y ~ppN~. and ~ach ~nd ~wry wd~ policy ahatl b~ promptly ats:9n~d and dt~Mnd 1e
any hetd by wtd MORTG/IGEE ~s fvrth~r ~~arrFry to Nid +norpay~ d~W. and. rat I~a Man hn (10~ d+ys in ~d,r~na of tM ~xpkation of wch poiky. b d?
Uvw to s~id MORTGIIGEE a ~~w~l tlweof. to~tlw with a nc~ipt !a tM pr«niwN of tuch ~~newal~ and tM+t sh~ll b~ eo fir~ a wind~tone tnq~~na
pl+ad on aeqr of faM buildinp~, ~ny iMKat tl+w~in or put ~A~noi, unlNS ie tM tona'and whh rl~ !oa p~yaW~ a ifaaaid~ «+d 1n th~ ~wia ~ny win
of nai~y b.coi~~a p~rabl. w+d.? wd~ polky w polkia ~aW N?ORIGAGEE shall Mw ~h. op~ion a natw and ~ppl~r tM sM+i. an .owwa o~ 11w Mid~bt.d~
np~ wow~d Mnby or to pKe~it said MORTGAGORS to naiw a+d u» h or ~ny p~rt the?wf fa ori~e? pu•pou~, without rMreb~? waivin~ a~.y»in
~+~Y ~b. Ua~ ar ~iqht und~r a by yirfu~ of tN~ mafO+p~t ~+d in tM ~wnt ~a~d MORTGAGORS sMll fa iny n~san f~il b k~ep ~M aid pr~ni~~a w
N~w+d. a f~U b dNiw~ PranWh? ~n1? of s~id polici~s of ~na~ to ~aid MORTCsAGEE. w/~t1 P+'~^P~h? ~o WY lulh? ~Y P~~^iwn tMnfcY or h~r
n~p~et fall b p~.foc~, ~w~. ~x~cut~, ~ff~. oon+Pi~M. oomPh wi~A ~nd aWd~ by tl~it oovtna+n, w ar~y part hawf, s~id MORTGAGEE mar pl~ ~nd
psY Mr wd~ In~w~na or ~ny put 1Mnof withouf walvip w~ffKti^0 +~f? aM~4 ~M~4 qwb. or ripM v~dN w by viAw of thit Mortp~ led tM
full amaN+t of Nch ~nd ewry wd~ paym~m ~hall b~ ~hly du~ and p~y~N and si+~ll b~ inl~rMt han th~ d~h th~wof until ptid N the r~N ot
nin~ p~r an~vm pp ~rwrrn and topetlw~ with wd~ inur~a ~hs11 b~ ~cund by N+~ IiM; of tl~ worrqp~.
1. To p~ ooarbtt or wffa no w~st~, impa'we~t w d~teriaation of ~id propKtp a? any pKt thKwf.
3~. To pay all ~nd sinpvlar tM.oata. elwp~s and expww~, i~cludinp a~aon~bl~ at~wewy'~ f~s and aosb of abstnNS of th~e. incwr~d o~ paid at
aey t4e~ by uid MORTCsAGEE. b~aus~ or In tM ewnt of tiN failw~ on tiN P~ of tiw Nid AAORTGAGOR to dufy. P~a^~P~~Y +~d ~~Y PKfan~. dixhu'q~t •
•,cscvt~s ~ff~c?, awnpl~t~ eoa?PIY with and ~b+d~ by ~sch a~d ewty the stipul+tiwn. +pre~,e^n. c~a+ditioir. a~d cowMnb of s~id p?aniswry eoh aed tlw
mortp+p~ ~nY ar eitl~a. and said oosts. dwrqe~ and ~~~en~s„ tach and ~wry. slwll b~ inwned~t~ly dw and pay~bl~j wMtha o? ewt Ma~ M notioi dr
nw~d atMna w aoq«+ a,ut+ p~g, «+d M. tuA +nwa+t of .,cA .na .w.~? sud~ P+y„w~u ,l+.u b... int.nu trwn d+. d.» th.r.ot un8~ p.id .t H?.
ra» of nint pa wMun p~r arw~wnj and aY ~id odslf. ch+~+ and e~pMSes inarrrd at p~id, topetlw~ wilh a~th im~nsL ~h+ll b~ a~uw~d by t!~ liw~ of tiw~
mort~pw '
6. ~I1Mt (a
in ti~ w~nt of ~ny bnxh of thia Mwtpap~ ot d~fwh on th~ put of tM MORTGAG01~ • w N) tn tM weM any of wid sunn of
Mr~ln nf~nd ro b~ ~rompty ~r?d fullr p~id within th'uty (30) days next after th~ wn~ averdy b~aoin~ dw and WY+W~. whhout d~mand or ~
or (d M Nw awqt ~adi ~nd w~y N?e stip~rlations, ~re~ms. conditbns aed aov~nb d aid p.omis~ory not~ aod this
~uly, pramptlY and fulh P~rfon+~d. d+schar~sd, ~xsa,t~d, tfftcqd comPkhd. complied wirh and abidad ~ro~ or ~irlw an no1
pr~N swe en~ntiaNd En said p?aei~sory rab tF~ ran~inin9 veWid, with intenst acuued, and all nwneya wcwad Mrtby, shall bscort~ dw ud p~y~
~blo fonhwith, or tF~eafta. at ~ option o( aaid MORTGAGEE. ~s fully and compl~uly as N iq of tha said swna of nwn~y wen aiginalty stipulated
to b~ paW on wch day. ~nY?hk+0 in ss;d pra~i~ssory oote a in this Mortysy~ to tM aontnuy nawitMrsndinp: ~nd tMrwpon or thereaft~r at tM op~ion of
wid MORTG/1GEE. witho~l notia. or dam~od, wi1 at Inv w in puib. tl+Hefon or tlMr~aher ma bt
h.d matw.d prior ro;n j+wi~,rion. ~9~+~• r ~o..cvred .s tf d~ mon.rs ~.a,r.d ha.by
7. TMt h tl» w~nt rhat ~t tlw l~yinniny of w~t ury time pendin~ +ay wit upon this Mat~a~e. a to ioredos~ h, a to nf«m H. or to enfora
WY~ of a~r d+ims Mrew+d~r, ald MORTCsAGEE shall appir to the Ca,n Mvirg jwi~dict'wn thereof ta fhe appantment of a ReceivN. such Cwrit shall
FostliwiM ~ppoint a nceiwr of tsid mortpay~d propaty all ~nd sjnpular, lndud~ng all and si~gulu the ineona, p~ofits, ~sw~ ~nd nvenuss from wh~t~ve~
w~ro~ d~?ived• ~+d~ ~+d werl? o( whKh. it beN+p ~xprcssly und~rstood, is heteby mortpaged as if apetifically set forth and dacribd In th~ SranY and
h+bsndu~m d+us~a hK~of. and wd+ Reuiver shalt have atl tM broad aed effectiw fvnctions and powen ,in ~nyw'ue enlrusted by a Coun to ~ Rsc~~ve~r, and
such ~ppoMtn+a+t shall be ewde by wd~ Cowt u an ~dmitted epuiry snd s rrwtte~ of absoluts ripht w' wid MORTGAGEE, and witlwu~ retennce ro th~
adequacy a in~d~qu~cy of th~ vahr~ of tM p~bp~rty mortyptd ot to the sohency or insolvenep of said MORTGAGOR or th~ defe~daots, snd th~t wch
r~' profits, incaee, iuun and rtvsrwes tl~l! b~ applied by such Rsceiver ~aordin9 to tM lien w~quity of said MORTGAGEE u~d the pradia of sucl~
d. To duh?. P~a^Pth ~~h? P~~. d'~~. execut~. ~ffect, oomplete, comply with and abid~ by esch ~od evary ths stip~l~tiaa„ +preementa.
confiitiona and ~n in said promusory nots and rha mo.t~ set fath.
9 Thaf tn th~ ewnt th~ own~rshtp of the mortpa~ed premises, or ~~ryr p~rt thereof, beoor~ vested in a person oiher than the MORTGAGOR, t!n
MOR?G~?GEE. its wccesson and ~uip~s. m~y, wirhout noiKe to t1w MORTGAOR, dcal with such waes~w or wocessor ;n interest with reference to th;s
mo.q.~ and th~ deb~ h~r~bp sea,rd in the same ~na~er n wirh Morrga~or withoue in any way vttettinQ a disd?up;np th~ Mortp~pws' lisbility 1~
unda~ a upon tM deb~ her~by sea,red. No sale of fhs premises hereby mo.typ~d ud no fwbeuana on th~ pan of th~ MORTGAGEE or in svonsso.s
o+ assigm and no exttnsion of tiN twn~ fw the payment of the debt hsreby sccured piven by tM IYtORTGAGEE or its suooesson o? ass;9n~, sh~lt op~nt~
ro rNea~e. dixha?p~ rrwd'ify ch~rg~ p~ffeq the w'g'~1 Ii~bility of tl+e MORTGAGOR herwy athar in wFwl~ a in pvt.
10. h h specificaly a~ned M,at rime is of fhe essence of this cooteaq snd fh~t ra wirver of sny obl;~aat;on htr~x~der or of th~ ob({~ation N.
cund Mnby ~MII N any tim~ thersaher be held ro be a w~iver of tM terms hereof a of the irotrumeM sewred hsrby. . . r..:> ri.--~:• n r~ r,
I1. In addit~q to~t~.faa9o:np monthly W1rq~e^a 4(.~ ~!^d:i!'terest. r~quired by the promisaory note sscur~d,~q~y` ' ,,~fo~ie~
and apaees ro p~y to mortp~e with esch monthly ~paymant an ~rion~l'wm estimated by mortyagee to be eqval tQ 11~4`pi•t`f`~,Y `p-N~'~
,"'i' . + E
A-NI rNl prep~ly ta~es kvi~d`a ~saessed aya~nst Mhe abow desaibed real esaM. , c. O±~~ t E a - _
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6-Premiums oe~ fi?e and windstorm insvrante as herci~ raquued ro be urried on the improvertwsnts sitwte p~'the alp~a de~ayb~! ,q~ij~~,': y
C-Piemiuwq on sYch matyp~.pu!rMty inwrance u,morty~pee shaU. from tvr!s to tins i1W4.fit 1o Qrry:yQ~p! _ V G. ~ I, =
N1wtp+~e ihall from time to time notify mwfgapw ;n writing of the amount due and psysble hereunder uw! "
p+Y~bb on tl~ dw date of tM nem momt?IY P+Y^~~t aod ~ach successive month thereafter until
+nwvnt. Such sums thall b~ spplied bY mat9+pee loward tFr ^~Of?9+Oee shall. !ptifj~ ~i ft~~~pe ,~it ~wcl~
F p~yment of real property t~xes, ituu~snce prem snd'• ~ t7r,,~
p~f/~N1NA~. 'WrNt:r ~'^~~OC!
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IN WITNE55 WHEREOf. ::=._,2~-s. i~~~ QJr.......•.~
t~ ~id MORTGAGOR h~s herow+to s~r his dsy and ysx ! afor~siW:,':'_
~ d~1 tn N» pra«,~. of: F~LEO ANa ~~c~tS~~" ,cs sr ~iil'~~: '`~~x''~~-;:
ST. LUCIE COUNTY, FLA. _
RFCORD vERIFlEO By: _ ` ~ i
~ ~~iP /~/~i ~ 7 /Q1A /b"'f ~ ' ~
n ~
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169942 -
STAYE OF FLORIDA ~i1' ~1~Rq~IC1E
1 HEREBY CERTIFY, That on this d y'~'ER
ay oRCUlT COUR7~n9ust
, A.D. 19~ .
before me personsNy appeared - ~lly Hall ~ ~
~ President ~iliK , of
tC~ily Co~stsuctioo (~o~pany , Riorida ~
. Corporation, to me
known to be the persho~r~s described 1n and who axecuted the foregoing instrument, and seve~ally acknowledged the exe-
cution thereof to be ti~ir free act and deed as such officen for the uses and pursoses therein mantioned; and that they
affixed thereto the official seal of said oorporation, and the ~id instrument is ths act and desd of said corporotion.
WiTNESS my h~nd and offkisl seal at Fort Pierce ~ 5t said county and stats.
?his instniment prepared bY . • -
First federal Sav. & toan Assn. - ~ , ~ ~ ~ '
fOf~ PtBt . ~7°rY ~!~k• i nd for StaM and County aforesaid.
, ~ ~ ~ ~ r4tY~W~y~ion Pir~s: G, 7/
'Y ~ j~ ~ra;~r~r F~ic. S4k o1 Eio~id+ +t Lar~
_ ~ _ r.,..~.~~ ~ 6. ~n
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' ~4 ' ~ad.a~c~.~ic.twa~a.~octrr.,._
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