HomeMy WebLinkAbout2340 ~ . ~s.i~
S. To plaa ~nd oonti~wwb kNP an th~ bufWinp~ ~aw a MreahK ~itwN on ~d land a~d on all putpe~e?t and pawn~lly cowr~d by thk nwrp~
pw wUh ~II pnw~iwrr thK~on p~Ni in iu11. fk~ Msur~ in Ur vawl st~nd~rd Pak1l fan~ in a swn ~owd bY th~ MORiGAGEE. ~nd windatonn
InNNana in IM u~Wl tlatdird policll faiR M1 • wa1 approv~d. bY 11N MORiGAGfE. h tYCh oomA~nY w wmp+ni~s at 1M MORTGJIGEE nw~I
dinct~ and ~N fln ~e?d wind~~win imwana P~~ ~+~Y of faW build~np~„ anr inhra~ ~h.ni~ o~ p~n fl+erwf, M tM +pp~p+h wm ~faes~id a
in ~xaw ~Mnof, fh+N oontain Nu uw.l n.ndard morq~pM cix~ a wch odwr clwa a tM Mat9ap.. m+Y nqu+rt. n+~ki~p the bas w~dK aaid po1E
ciw, ~ad~ M+d ~wHy. WY~bI~ W ~aid 1NORTGAGEE a it~ intKat n~+Y +PP~~ ~^d ~ad~ and ~wry wd+ Po1ic1? ~h+ll b~ p~omptly ~st:ynd M+d dtUwred to
•ny MW by s~id MOkTG/1GEE as furthK s~cwW w sa~d mo~t~+p~ d~M. and. nof I~ss th~? an (10) day~ in ~dvanu of Me ~xpkation of ~ad~ polky. to d?
liwr ~o aW MOR?GAGEE • nrwwd tMrwf. top~tMr with a nc~iW fo? tM prNnium of wch nMwalj ~nd tFwn ~h+ll b~ no fin w wtndstorm &?wrann
plaad an aery d saW buildinp~, u~y infaat tMnin or pvt tlw~wf. unlw in tl» tam ~nd with tM ba p~ysbM a doresiids ~nd in tM ~wM an~r swn
of m~y b~wnw~ p~yaWe ~ wd~ polity a politi~s s~id MORTGAGEE sMll Aavr tir optan b teaiw and apply tM s~nN on ~coount of Mt Md~bt~
+~as wax~d h~nby a b p~nit said M~OR?GAGORS b r~aiw a+d uN N a any pw~ the~wf fw othot pwPoses. without ~he.eb~ waivi~y a impaM-
~np ~ny ~qvi~y. Wn or ripM w+~Mr a by vk~w of thk ma~+p~~ +~d h tM ~wnt wid MORTGAGORS sh+lt far any r.swn hil to k~p tM wM phmiws a
iruw~d. or fall b ds{Mr Prampt~l? +^Y of Nid poiiws of iea~xena 1o sad JMORTGAGEE. or f~il p~omptly M p~r fu~~Y +~Y Pr~mium therefw a fn ~eqr
~~~pat fsp q palornl, ~cecut~ ~ff~ct. oompMt~ oomplY with a+d ~bW~ bY N~is oown~nt. ot ~ny part hw~of. s+fd MORTGA~3EE nry piaa~ and
WY fw wch dwxano~ or ~rqr part tlw~of without w~hrinp ar ~HecNnp +nY oPtion. ~Mn. squitl?. a ripM u~ a by virtw of this Map~. and tM
fvll amount of ~ad~ and ~wry such p~yn»nt ~h~ll b~ imrt»diat~ly dw and py~bl~ and ~11 bNr iMwist fran th~ dab therwf w?W paid tl tM ~at~ ol
nim pw pntwn p~t aiwwm and top~thsr with suth inhrsst sh+ll b~ t~cw~d by th~ li~n of tNt mo~t~p+p~.
1. To p~rn~ib oomenh or suff~t oo w~th. imP+krt»nt ot dttsrio~r~tion of s~id prop~rty or an~r put tMroof.
3. To p~y all ane! sYgular fh~ oosts. e1wON +~d ~xP~ae~, M~dudi^C • nasa?abl~ ~nonwy's fa, and aoa» of abanads of Ntle. iecurr~d a paid ~t
~ny tMM by aid MORTGAGEE, b~tau~ w in th~ ev«?t of tM fsilur~ on th~ p~rt d tM saW 1NORTGAGOR to duly. prompNy and fvlly pKfan?, d~~ch~rp~
~xeart~, ~ffW. ta*PIN~, aanplY witb snd abid~ by ~ach ard ~wry the stipdarana, +pre~rneots. oonditioM. aid oova++nn of said pomissory not~ ~nd this
morfy+p~ +M? a ~irM~. ~+d wid cost~„ dw~s +nd ~xp~s, sad~ ud ~wry. ~hstl be inr~ad~tey dw and payables wMther or not rMr~ b~ ~otiu da
m+~d. attempt fo ooll~ct o~ wit P~!'^~t Md N~ full ~nwu~t of iach and ewry wch paYm~nt sh~ll bw. interest froen tl+~ d~N tMnof unHl pafd N tl+~
rate of ew» per cee~hxe p~ aro~wn: and all s~id eosM~, d~+r~s aod expM?sa inwrr~d or WW. ropsthw with wch intsnst. iMll b~ s~cwd by tl+~ IiM of thi~
~q~
6. llwt in tM wMt oF any br~sch ot th4 Mat~ap~ a defavit a+ the put of the MORTGAGOR. e? (b) in tl~ ~wm any of uid sums of money
her~in nhn~d w b~ not pranpty ~nd fvly p~id within thuty (30) days oext after the same swerally becoaw due ~od p~yabl~. wi~hovt d~m~nd or eotioe.
or W in th~ went each a+d ~wry the sNpulationa. +9nanenri. oo~ditions ~qd cown~nts of said promiuory not~ and this mo.t~ap~ any a ~itMr ue nol
~uly, promptly and fu1N P~a~ ~~~++~9~ ~xK++hd. ~ff~ct~d. oanpNtad. complied with and abidsd by, then in ~itMr w any such ~wM ths s~id ap~
~reyaN wm met~tiawd in s~id pranissory eot~ then nm+ininp w~p~id, wiM int~resl ~crrved, snd all nwnsys secured herr~by. shsll beaaer dw and p+y~
abl~ forthwith, w tMrsafhr, ~t ths option of wid MORTGAGEE. a f~lly ~nd compktely u if all of the said swns of ma+ey wero wipinNly ~tiq?I~ted
ro be paid on aid~ day. aeythinp in said promis:ory ooh w G+ this Mort~ape to the contrary notwithstanding; snd therwpon a thereafier at tM optan of
said MORTGAGEE, witho~t aotiu or d~m+nd, wit ~t taw or in ~Nih?, tMr~fw~ a N~ereaNer begw4 may be prosecuted u if all mo~eys s~cw~d Mreby
t?sd matund prior to iri i~atitutfoti
That in ths went th~t ~t tFw be¢innirg of or ~t sny tLm pe~dirg sny wit ~pon this Mo.tga~e, or to fweclos~ N, w to nfwnn it, w to sofora
peyment of any da&m I+Neunde~, aid MWtTGACEE sh~ll apply ro tl+~ Court havi~y jwisdiction thereof fw the ~ppointmsm of • Receiver. wch Cowt ~hsll
forthwith ~p~wiM ~ rouiva of ssid matpaysd property ~I) ~nd.iugul~r, indud~rg ail and sirguls? 1F+~ income. profin, issws snd revenws kom wMtever
wwo~ daived, each and ~vcry of whicl?, H beinp expressly vnd~rstood. is hereby mwtgaged as if tpecifically set forth and described in th~ yranti~g and
hab~rrlum cla~s l~ereof. and wch R~aivw ~H haw all ths brwd u?d effectiw fvnctans and powers in anywise er?tnntsd by a Court to a Receivar, and -
such ap~ointmeot shall be mad~ by suth Cowt u an ~dmitt~d equity ~+d a nwtter of absolute ~ipht ro said MORiGAGEE, u~d without referer~t~ to th~
~deqv~cy or in~d~qvacy of ths v~Iw of the property morqayed ar to the solvency o~ insolvency of said MORTGAGOR w the defendann, and rhat wch
renn, profia, inoomt, issues and r~wnws ~11 b~ appli~d by wd~ Receiver accwdin9 to the lien or puity of said MORiGAGEE and the praetiot of wch
CouA.
8. To duly. PromPty and fvlly perfonn, disch~ry~, exet~ts. ~ffect, oomplete. aon+P~Y with and abid~ by ~ach ud every the stipulatwns. +p~eem~ms.
cond'd'aru snd ooven+nb in s~id pwmissory :eots and thia mortsag~ set forth.
9. That ie tl+s event th~ orvee+ship of th~ mortqay~d Phmises, w+rw Part tF~eof, beoomes wated in ~ pKion othsr th~n the MORTGAGOR. th~
MORTGAGEE, its wooesson and assipra, m+y. without notiu to the MORTGAOIt, deal with such wocessor w suuessor in iMaest with refe~MCe fo this
mwt~ap~ +r?d tM debt haeby secwd in th~ tsm~ mamer ~s virith Mwt9syw without in any way viti~tirg or discharg'xg tM Mortyagws' liabiliry Iwr~-
under w ~pon ths debt hereby secwed. No wle of the premises hereby mortysyed u+d no fwbesranoe on the paN of tM MORTGAGEE a its axnesson
w au'gro and no extension of the twne for ti~ paymeat of the debt hereby iecored yiven bY the MORTGAGEf w its suawssors or assipra, ~hall opsrat~
1o rekas~, d~sdur~e• nwdfy ch+rge or ~ffect ths oriyinal liabitiry of the MORTGAGOR herein, titMr io whole or In put.
10. It fs apecifkally a~ead th~t time is of the essenct of this aonbsct and tMt oo waiver of eny obliyation hereuoder or of th~ oblgatioo ta-
cured Mreby ahalt at ~ny tim~ theresfter b~ held ro be a waiver o( th~ iern~s iNreof ar of the irotrwnent secwed herby
11. tn sddition~io Ihc forego:ng ~onthly psymenri of princ'p+t arw! interat nqvired by the promissory note secwed hereby, mwlgagor covan+nb
' ar,d ~pr..s ro p.y w a+ortysge~ wah each momhly payo,N+t an sddcr~l wm es~~ma~ed by mor~9agee ro b. eqwl w 1/12 sf the ann,al cost of the fdbw-
, , , -
A-A!1 r~al property taxes kvied or assessed apainst the a6ove described real estaro. , _
b-Premiums on firo and windstwm iiuurance as h~rein requ'a~d to be carried on the improvemepts situate ort the above desvibed premises. .
C-Premiwra on such mort9age 9uu+ory inwr+nce ss mo~t9~9ee sh+ll from time to time deem fit to csrry on the losn secvred hereby:
Nlortgagee shall from time b tims ~wtify mortgayor in w?itirg of the smount d~re and paysble herew~der and such w~n shall thereupon be due ~nd
payable on the dw date of th~ next monthly psyment and each waeuive month thereaher until mortg~ee shall notify mwtgsgor of s chsrge in such
amow~t. Such wms shall be applied by mwtga~ee tow~rd the p+yma++t of real property taxes, inwranoe prem:ums, and mwt9ape pwranty imururc~
; pre~, , - .
IN WITNESS VYHEREOF, the s~id MORTGAGOR Ms herwnto ~et his F~snd and xal th~ d~y ytu fint afw
( Si~r~, and ed in fhe p~no~ of: ~
~v , n
~ ~
~ ~
F ~~A
~ STATE OP fLORI0J1 ~
St. Lucie }
~ couHnr of
N~ ~y~,qy W A. Slauflhter a,d
Ide12a C. Slauyhter hw w~f•, ro ~+~e w.ti k~o~+ ,~d krwrw+ w+++. w b.
tM hd'ividuala daer~d in and who ~xswt~d tM for~oinp feutruee~nt. ~rd ackr~owladped b~fon rn~ that tMy ucacv~ed th~ ame far th~ purpos~s
~ .,~,~e. ~„d ,i,~ ,~i~ idella C. Slaughter
wi~. of +h. s.id W.= A. 51~8?13~hter ,„por, •,.pMm .~d piv.a
~ ~xwaY»tion bp en~ »kM wp~?ab ad ~part from Fw said iwsba~d. +d~e~owA~lped to and befwt em th~t sM ~x~cuud wW imtrvment fr~ ~nd volun~
~ r~riFy and withaA ~eh? eompul~ial, oo~waYN. ~PP?dwraion~ iw of or fran I~ said Fwubu+d.
WRt~53 inl/ h~rd ~nd official wal tFik t'~O ~y r A. a. 19_~_
~ fILEO ANO RECOROBD'
• ST. IUCtE COUNTY. FLA?• Nw.nr ~.~+a ri,. saM o~ Fb.~d..~ ~o.
F2fiC0~ VE '~D .~.k ~ i 9 7 ~
RMwn Ta 1 .>i: i~ _'~Ol. , - ~
Fust F~d~nl Savinps ~ toar? Awocbtion '~~q?su,~~. .
Of fort PKrn. 1~ (~T ' ~ •~1~~~~~~ 11 r I~~i~ xi ti.~~ SUt! 0~ i~,~
foH PiNa. Flwid~ Y8 OV 1 , ` ~,J ~ . ~ (~~p11. FwiCr+~r,
~ . J • : ~ ti ~?.,.n~,~ 4" . _
ROGEP. i'01T _ ~~T + ~
0 4~ ~ :
Thls Instrument Pr.R.~~aK ciRCUiT:: ~a~~•'j ~ ~ ' ~ = ~ L,~ , .
• :o-
Flnt Fsdual Ssvirqs 3 losn 'ation .;~F J ~ : f ~
:
• fort Piera ~ %
~i•~
~ Q ' : ;.4 ;
' ;
~i. •••••..~~iG J. ~ i
' 5Z'' ' ~ _ ~
Chedc ~~.`~i heM~nK~~ . ;
ioU~ ~
- ~ -
-~t ~ . . . : ~
~
• - - - - -