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HomeMy WebLinkAbout2283 . ,,i- ~ ~ . . S. ro p1ao. .nd contMwoutly k..p an th. buiwfnp. now « Iw...f+.r .I+u.a .,w t~nd «,a on a~~ .qi,ipnMnt .nd p«wn.~ly oowna b~, t1+i~ ,non~ p~, with ~II pr tlwr~ p~id in iull, Hn ~aurai+a in t!r uswl uand~d P~k11 ~Onn, h~ wm approwd b~r tM MORTGAGEE. and vvi~tam k+ai.«+o. in th~ w~uaf ~and+rd policy fona, . tn .«+~n spprov«~ br th. JU1oRTG~?c~EE, b wd~ companr or canpsn~.. a~ H+. MORTw?GEe n~.r dM~c4 and a11 fin ~nd wind~tone inaxana poYcia oe ~ny of ~aid buildinp~, any InNrat tMr~1n w part th~n~.~i, in tM apprpa» wm atorw+id a b~xaa NMnof. shall contaln the wwl aand~rd nart~~ cl+uw a wch Wiwr dauN a tM AAo.tyape~ awY n~uin. nwkhiQ the bu wida ~aid poli~ cia, wch and ~wry. WYaW~ b s~id INOR?GAGEE as ib inM-~at may app~ar. ~nd ~ach ind ~wry wd~ policy sMll b~ pramptiy ~ss:9n~d ud d~livN~d W u?y Mld by wid MWtiGAGEE a furth~? s~writ~r to ~id mafQsy~ d~W. +~d, nof la~ fMn tM (10) days le advana of th~ ~xpir~tion of ~ach pdicY. b dt Ilw? b aid kWRTGAGEE a nmwal tMrpf~ loqirh~r w~th ~~t fa tM prM?iw~ ot wd~ r~w~lJ ~nd tl~ sh~il b~ no Pw or windstam M?~w~nc~ plaad an ~ny of s~id buildinps, ~ny IntK~t tiwnin a pwt tlwrwf. ~ ia fM ~onn and wi~F? tM loas paysbN a~far~id~ uwJ in th~ ~wnt an~ swn of ewnh? brooma p~yabit unJ~ weh polky a polici~s said MORiGIIGEE sh~tl h~w t!» option to no~iw and ~pply tM sKew an ~eco~?nt of t!w tnd~btd~ rna Ncw~d Mnb~? q b pan~il iaFd MpRTGAGpRS 1o npiw ~nd uN H or any pa?t Iherwf fa othe? pwpaes. wi~hoW tl?ersby waivi~p a irt?p~in 6+p ~hr puth. Uen a~ipht w+dw or by virtw oi Mb mortqpq and in tl+t ~wnt uid MORTGAGORS sMll fw ~yr hason fait to ke~p H» wid pnmisp so ~aw+d. a f~q b ddiwr Pro~+P~N +~Y of said polida of Mavano~ w said AAORTGAGEE. w f~il PranPtb b WY fi+~h? +~M P«mt~xe tiwre4w a N any ryp~cr f~il w P~ionh, distl?+r~e. ex~a?M ~fht1. complN~? eomPb wttl+ ~nd ~bid~ by tlas oown~++t, a+nY W+t Iwnoi. s+id MORTGAGEE may plaa ~nd WY fa wd~ kauunq ot ~ny ~wl t!?snof withouf walvkg w aff+cHnO ~l qNia4 ~4 ~4~h?. «.bh~ u~+d.r o~ by wrn,. of ~~us Mo.p,o., a~+d ~ne !v!! amowN of ~ach ~rd w~rr +uch WYm~m ~hall b~ hrwmdiat~ly du~ +nd p~y~bl~ ~nd ~MII bw IntKest fram th~ dah M?~reof uetii paid at th~ aN oi nin~ p~r oa~tum p~r ~mum uid top~thN with wch k?ta~at ti?dl b~ a~cw~d by tM lia? of thb morlppw 4. ro pwmiy aon~mil or suffs. ew wuM. unwkm~nt a d.t..io..non of ..(d propKtp o? uh, pirt tlw~sof. S. to pay di and ~+pular th~ oosts, tlw'O~a wd ~xP~aet„ ina~dirg s~ attorney ~ fN aod costs of abu?acts of tttl~. incvn~d ar p~id ~t ~ny tin» by s~td MORTGAGE~. b~cws~ a in tM ~vwM oi ths failure on tM pwt of tiw ~ald MORiCaAGOR w dul~r. M~P~~Y ~h P~~. ~ ~aauh, ~if~d, oa~t~,. QomplY with a~d abid~ by ~ach and awrr tM stipdat~ons, apn~n». coeditioro. N+d oownsnb ot s~id promiswry noq and t ^w~ip+p~ snY at ~itMt, and said cosH. th~rpa and txp~n~„ ~xh u~d ~wry, shdl ~ imm~dist~ly dw and pay~bl~j wMtFar w not Mia~ b~ notio~ dr ~+M+d, att~mpf to oo14d or wit p~n!'inpt ~nd t1r fuU amouM d wtth M~d:awrll weh psym~nt ahall b~a? inNr~st from tly d~h tFwnof ureHi p~id ~t tM raM of niM.PN.Oent++m DK +~+~+~+mt and atl s~id oos1~ clwp~s and expses~s incvrnd w . p+id~ topNhsr wiM suth k~ta~st. sh~{I b~ a~cw~d 6p th~ lieu of dw 6. 7i+~t (a~ in tli~. w~M of any bnach d Mis Morrpa~ a default a+ tM psn of tM MORTGAGOR, or (b) in tM ~vsat any of sa~d tumt of nwe~y hadn nfwr~d w b~ not pranptly uw! futy paid within tldrty f30) days n~xt ~ftar tM sa~rw sevtratty baeonw dw and i?ayabM, witi~out dunand a notin,, o~ (c) in iM ~v+nt ~ad~ +~ed wwy tM stipulation~, a9naMnt~„ oonditions and wve~nq of sa~d p~omisw~y oae and this mort~ap~ any w athw m na1 ~+~Y. P~~P~M +~d ~hl daduryad. ~xacuhd ~fhchd, oompl~hd ca~p~Kd with a~nd abided by. tMn in atiw~ w any wch ~wnt t1w s+id p~ gre~h swn rixntionrd in s~id promissory rwts thsn r~n~i~inp vnWld, w;th inter~st aarvsd, ~nd ail mo~ya setvnd hereby. shali beooeN dw ~nd WY' abk forthwifh, or thK~sft~r, ~t tM optan of said MORTGAGEE. aa fuly and aomptetely as ff ~il of the said wms of moMy wer~ a;piMlly stipulated ro~ P~ a^ s~ d+y. +~+Y~~ ~ s+d P~~~~Y a N+ ~s Mor~p+pe to ths contrary notwithstar~ding: and N~e?a,pon a thcreafier at th~ option of said MORTG~IGEE, withow notia a daMnd, wit at law or in pvitY. tMrafon or there~fter bayvn, m~y be prosecvt~d M lf all mon~ys s~wrd hKSby t?+d matw~d priw to its institution. 7. Thar in M. ewnr rhat at H~e beg'uuurp of or ar ~r fim. psnfiny aey wit upo~ this Mwt9+y~. or ro foncbt~ it, or ro rsfor?n a ro .nfaa PaY+~nt of +~y di;ms h~reund~r, said MORTGAGEE sh~ll sppty to the Couh F~avir+p jw~sdiaion thereof for the appointrr~u?t of a ReceivK. wch Cowt ah~ll Fathwith ~ppoint s reoeiw~ of said mat9~ ProP~tI? ~0 ~nd siegula~, indud~nq atl and sinputu rhe income. Profi~s. bsws and revenws 6an wh~~wr souroe d~rived. ~ach and every of whid~, it beiop ~xpressly vndaatood, ts hereby mortgaQed ~s if slxcifiully iet fortli and d~wibed in the ~rantinp and Mbsr~n d+us~s hereof, and wch Rec~iwr sh~ll Mw ~li th~ Ixo~d ~rid ~ffactive fwKt~o~n and powe,s ie ~n~rwix~ entnnttd br a Gowt ro a R~pivK, and sud+ ~ppointmem shall be m+d~ by wch Caxt ~s ~n sdn~itted equity n~d ~ m~na of ~bsolute riqht to said N10RTGIlGff, _~nd witFaut refsrMn to the sdequscy w inadeq~r+cy of tM valu~ of N~e p?operty mort~aqd o~ to tM whr~~cy a insolvency of said MpRTGAGOR or ths d~f~ndann. and that wd~ r~'• profi», inoorne. issves snd ~evenua ti~U b~ appli~d by wd~ Reoeiver acoord~np fo tM Ikn or eqvity of said MORTGAGEE and the praaia of wcA & To dvly, W~+P~h! and fulh P~rform. dbd~rpe. ex~nrl~ sffett, aomplete, oomply with uid ~bide by euh a+d ~wry tM stipulaY~oas„ +p~ee~MS. corxlitions and coven~nn in said promiqoty rat~ ard this mortqape set forth. 9. ~Fut in the event tIK ownership of the maqpsd premaes, a srry put tFweof, becanes vested in a person otha than ths MORTGAGOR. th~ MORTGAGfE, in waeu«s and assi~m, msy, withan norks ta th~ MORiGAOR, desl with wch waeua or successw in inrerest wirh .efennce a this mwtp~pe and the deb~ hersby s~cwed ~ tM saen~ ~ ss with Morty~pw withovt ln ~ny way vitiatinp w disch~rgirg the Mort9s~ors' Ilability htr? vndar or upon the debt her~by sacured. No s~1e of tM premises hereby nw.tysyed u+d no fwbearance on tl~e pan of ths MORTGAGEE w ib succeuo?s or asigro ud no eaterKion of tfie timt fo~ the payn~t of tM deM hereby secwed ~iven by Ihe MORTGAGEf or ib svccesson or ass;~rq, shall opvaN ro nNase, ditdwrp~, nwtlify thanp~ or ~ffetf tFw wipinal lisbility of 1M MORTGAGOR herein, eitl?K in whde a ie put. 10. It b specificslly ayned that time h of tM essenc~ of tf?is oontwct ~nd that oo wahror of any oblig~tion Mrounder or of th~ oblJpation ar cwed hN~by sl»U at ~ny Wne ther~afqr b~ hsld fo b~ a w+iwr of tM tarms hereof a of the k+strums~t searsd herby. 11. In additan to the fweyo:nq monlhlr.psymenq pf princ:pal and interest required by the promissory note secured hereby, mort9agor covenants ' and ~g~ees to pay to mortQsyee with exh ~monthly payment an sdd;tanal sum estimsted by mortgs~ee to be eqval to 1/12 of the annwl cost of the follow- irg: ~ " • . . • ~ A-AU real property taxes levi~d a assessed apsirist tl~e alidve deairibed real est~te. ~ B-Premivms on fire ~nd windstorM iMJrancl'as hsrein rel~u~red to be prr'~ed on the improvamer~ts sitvat~ on the ~bcve dewibed premisas, C-Pr~'^~ums a^ sucl+ mwt9aye 9u+~u?h jr+s~+?+nce +s n+ort9+gee sh~ll from i~me ro t~me deem fit to csrry on the loan secured hereby. Mortysgee sMtl from time to time notiiy mortqegor in writing of tbe . ama?m due and paysble herew~dn u~d wch wm shall therevpon be dus ~nd payabl~ on the due date of the nezt monthly paymcnt and each suocessive momh tF?eresfter until mortgsgee shal! noNfy mortgagw of a cF~a~ge in wch amouro. S~d~ wms shall bs ~pplied by mortyspae towsrd the p~yment of real property faxas, imurance prem:ums, and mortg quaranty i~wance orea?Iumt. - . - IN WITNESS WHEREOF, the said MpRTGAGOR has Mreunto set his h~nd and se~1 tF+e d~y u~d yeu fin fwwid. ~ liwr~d in she Prpp~n'o~ ofz 1 / - c ~ ~ ~~.a,~ i.~L1.G_ ~ • ~ n ~ ~~n ~T„""~! • STATE OF~ XAN~` ~ count~?oF 8~~tlPr ~ • - A u~usta ~ :Cans~s s.~or. p..,o~,.ih ,~..«d H~sry A. Gria~s ~ Lela V. Gsia~s ~~~,~~~~k~.~~~~~~ d+. indiriduat. a.wib.d in .na w+w .a.waa rh. for.po;np s~w.+,m.m. and +d~nowl.da.d b.ta?. m. that t+»y .s.wted N,. .an+. fa. r6. y~H,.po... eh«.tn ~rawd. Md !h. ~ l.lla Y. G=3ats «,rf. d eh. s.td 1~~ A. Alitrs ~yy y 1 ~ ~ ^r~' ~~i ~ ~~w lft~n111YfiOM1 ~ tM t~~[N1 NPYih illd ~if~ ftOlll ~IM i~ll~ ~MMbM1d. ~11p~N{~!d 10 EIlfOf! 111f f~IN !~N !%lCVfN~ Nb G4fft11IN~1t ~y M11~ YOkNF I~fiiy M~ Wi1~W1A ~r1r QOn~pVl~ip~1~ COfYff~illf~ ~f~l~fqiOf~ Of ff~f Of Of ffOf11 ~Ip li WITPIESS my hard and officia! ~wl +1~ .3.,5~ d~y of A. D. 19 ~ ' ~wi ~h# R dart:s ~OR ~k •^d to. a~. suN of~. ~a. R.fw~+ r~ • A"" c°"""'..:«' 'xpi"" . Kansas fM Fldaal Savkips i loan /usocietion ~ 2-~ 2~-?~ ~ ~ P;~. .~..,,t . FILED AND RECOROED ~ p~~ F~~ g` ST. LUC1E COUNTY. FLA. • `e ~~i, ~ • . :1'?'0862 0 This fnstrument P~epara~d BY y t~ '68 SEP 30 AM ~ ~ 3 Fint Federat Savinys d~ toan As~ciatia~ a y Q • oi fort pi~res ,~,~,,r J'~~'~ W 0 ~ fr ROC•ER POtTRAS gY J' C~~~'° ~»«~'"r~ ~ CLERK CIRCUtT COURT - ~o~' c 1?3 ~2265 . ; ~ ~ F ~t . .