HomeMy WebLinkAbout1408 i
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S. To pl~a and aontMwou~ly kNp on tM buildkq~ now a MnafNr ~hvah on wid land ~nd an ~II pu~ent and pKSOna~ly covK~d by tNs ew+q~
~p~, with ~I) pr~miwn~ t1+Kwn pa~d in ful4 f1n tnWUU+cs'in th~ uwal uuda.d policy form, in ~ wm approwd by tM MORiGAGEE, and wi~tonn
kwx~nn In th~ wwl standad pol~cy fornn. in • wen approwd bY tM MORTGJ?GEE. in wch ca~P+^Y a co~p~~+ tM MORTGAGEE msy
d~nd~ and all fir~ ~d wlnrkwrm in~w~na polkia on any of atd buiW~np~, +nY intera~ tMnin w pat thKwf, k? tM +y~~eq+~~ wm aforaaW or
k~ ucc~a therwf. sh+ll conta(n th~ ~~wal starwlxd mortp+pM dau~ a wd~ aha da~s~ a tM Ma1p~e m~Y nqv~n, maki~p th~ bu undK said po16
ciN. ~ach and ~vKY. v+rabl. ro s+k! MORTGAGEE a i» tn~sra~ ~nay .pp.ar. ~nd Mch and ~w+Y ~~h PaK1l ~1 b~ p?on+Ptly ass:yn~d and d~livK~d ro
a+~r Mld by wid MORTGAGEE a furtM? s~cwity to s~W morq+p~ d~b~. and. ^o~ kss than t~n l10) d+ys in advanu ot tM txpir+tion of Nd? poticy. ro dr
Uvw ro said MORTGAGEE • nnew+l thanof. wp~thN with a ncsipt fw th~ pnmiwn of wd~ «n~wali snd ~hen sh+ll b~ no fir~ a windi~orm Inwr~nc~
pl~ad on any of wid b~ildinp~, ~ny interat tMr~in a pat tMnof, ~?bss in tM fam and with th~ loss paysbl~ ~s afortaid~ and fn tM ~vent anp sum
of n~w~y beco~ p~Yabl~ v,xl~ wch polky o~ policia wid MORTGAGE~ shall Mw the option ro nosiw ~nd ~pply 1M s+nr on +aow+l of tht I~bted~
Mu sKw~d hKeby w b pKmit said MORTGAGORS b haiw and uM N w any put thenof fa otFar pwpoies, without thareb/ waivi~~ a imp+ia
~+~r ~9~+ifY. li~n a ripht unda or by virtw of thb morty+p~s aed in tM ~vent ~aid 1NORTCaAGORS sMll fa +ny r~ason fsil w k~ep tM said pnn?is~s so
Inwnd, a fall w d~liv~ pramptly aoy of s~id polia~s of inswu+o~ to s+id MORTGAGEE, or f~il promptly w pay fully ~ny premiwn thsr~fw a in anp
ryp~ct tail b p~rform. disdwrye. ~xecvl~. ~ff~ct. comPl~t~. comPh wt+h ud sbid~ by this cow~+nt, Of M~t ~t MfWI, s+id MORTGAGEE m~y plaot and
P+Y fa wd~ Imurano? a any part thKeof without walvinp or ~ff~ctinp +nY aPt1a4 ~i~n, aq~ity, or ripM w~der a by virtw of this Mort~+~. and tht
full amount of ~ach and wKy such paym~ef aMll b~ irnn?edi+tely du~ ~nd p+y+We and ~II bea interest from ths dat~ thereof until paid at tl+~ ra» ol
nin~ pa tN+tum p~t amwm aed topether with sv:h k?ttrest shall bt svcurod by N+~ IiM of this mortp+pe.
4. To pamit, aomrdt or wff~r no wast~, imp+um~+M w dtt~riowtion of said propa~ty or ~ny put thsreof.
S. To pay all ~nd sG+pulsr th~ eoats, eMro+s and ~xpMws, u?cludinp a r~sson~ble attwe»y's fe~ and oosts of abstrxq of titl~, incwnd a psid ~t
eny tim~ by wid JNORTCs/1GEE, b~caus~ w in the ~wnt of th~ fsihrre on th~ part of 1he said MORTGAGOR b duly, prompty snd fully perform, d~scharq~,.
~xecut~, ~ff~ct. oompbt~. oompfy with and abid~ by esd~ a~+d wMr th~ stipulations apreanems, ca~ditions, ~nd coveMnb of said promissory not~ u+d thw
mon~ap~ ~nY or ei~ha. and wid oosa. chup~s and expemes, each and ~vay, sFwll b~ im~rndiately dw ~nd psyabl~t whethar w oa there b~ ra~iu da
mand, attempt ro oollect or wH px+eGnp~ snd th~ fvll amow~t of sach u~d we.y such p+yma?~ sh+ll bear intensf f~om ~he dst~ Nwreof ~ntil paid at the
rate of nins per oe++tum pe? ~rowm; a~d all said aosts, cF~ar~s a~d ~xPensss i~uur~d a paid, togNher with wch intsrpt, shall be satwed by th~ lia~ of thif
ma~p~p~. '
b. 7Mt in the ewnt of any bn~ch of this Nbrp+pe or defwlt on the pan of the MORTGAGOR, a(b) in the eva+N aml of said svms of rtwney
h~nin nferred to be rat promptly uid fuly psid within thiNy (30) days next afte~ the same sevei+lly become due ~nd pay+bk, wi~hour dan~nd a no~ice,
or in tM ~we1 e+ch snd wKy iM stipulaYans, sgnema?ts, conditans and cown+ots of seid Pran'~sso~y no?e and tnis mortpape +ny w~+the~ u~ nol
fi?!Y. P?omPtly sr?d fvlh Perfamsd, disdar~ed, ~aecuted. ~ffected, compl~t~d. ca~lieJ with srd abided '~y. the~ in ather a any sucl? ewnt tM said ap~
prepah wen m~ntia~ed in faid promissory note then rem+ininp unpaid, with interes~ acvued. and all moneyt secured hereby, shall becort~t dw and p~y-
abb {xthwith„ or th~reafter, at the option of said MORTGAGEE, u fvlly ~nd completely as if all of the said wms of money wen aipin+lly stipulated
to b~ paid on wch daY. anything i~+ sa~d Pron?iss«Y ~art~ in this Morty+pe to the conrrary notwithsundinp: and therevpon w the~caher at the optwn of
iaid MORTGAGEE, witFaut notice or dsmand, wit at law or in puity, tF~efwe or iher~after begwy maY be proaec~ted as if all moneys acured hereby
had 1lutund prio? ro its inttifutiOn.
7. ih~t ~ tM went that at the b~gkminp af or d any tim~ pendtng se+y wit vpa~ th~ Mortyaye, d to foreclos~ H, w to reform it, or to enfwa~
payenent of any daims herwnder. s+M MORTGAGEE shall ~pply to the Co~rrt havinp jurisdiction thereof for tM appoi~tment of ~ Receiver, wch Cowt shall
forthwith appoint a roteiw? of ssid mortya~d ptopsrty dl u~d s&yular, intlud~np aIl and singular the ir?aorne, profib, is~ues snd rtvenues f~om whattver
sourc~ daiwd. esch and every of which, it bein~ expressly understood, a hereby mwtg+ged ss if specifically set iorth ~nd-desuibed in the 9.anting and
hab~ndwn dauses hsreof, ~nd wch Rec*iver ~11 Mve all the txo+d and effecrivt functa~s aK! powers in ~nywise entrusted by a Court to a Receive~, and
•uch appointment shsll be maJe by such Court as +n admitted eqvity and a rnitter of ~bsoluts riyAt ro said MORTGAGEE, ~nd without roference to th~
adeqwcy w inadeqwcy of tl» vslue of the property mortps~d or to the soNency w inwhrency of said NIORTGAGOR or the defe~ndann, and that such
renn, profits, income, issues +nd revenves sh~ll b~ ~pplied by s~ch Receiver accordin~ b the lien or eq~ity of said HIORTCsAGEE and the practice of wch
Court. ~ .
8. To duly, promptly ar~d fvlly perform, ~scMrg~, execute, effed, compkte, oomply with and ab'~de tiy ~id~ ~~d every the stipulatara, agreemenb,
cond'nions and covenams in said promissory note and this mortyspe set forth. •
9. That the event the ownerafiip of ths mo~aped premisas, or sny put thereof, becanes veated in a person othe~ thsn the MORTGAGOR, tM
MOR7GAGEE. its wcceuors and auiprn, m~y, withou~ noYKe to the JNORTGAOR, deal with such waesso? or wccessor in interest vvM~_ (eferar+oe to tha
mortpape and the debt haeby setured in the same manna+ as with Mort~agw withow in any way vitiaYu~p a discharging the IlabilNY_ bliea
under or upon the debt heteby secvred. No ssk of th~ pre+nises hereby mortgaged and no fwbearante on the part of the MORT . GEE`w its wocessori,
w assipns and no extension of the time for the payma+t of the debt hereby secured ~iven by ths MORTGAGE~ or in succesiors w auiyns,:~ha~ op~rafj
1o rekase, discharpt, modify charge w ~ffat1 th~ origin+l liability of the AhORTGAGOR hsrein, either in wFwk or in part; ~ :
~~`~~ia:i~er~lf '
10. It is specificslly agreed that time is of ths essence of this contract and th~t no wsiver of e~ryr obt~g~twn iiqeunds~_ ~~tl~ tM ~i~,1t~fA:~.ii~;,
cvred hereby shsll st any time thereafter be heW ro be • w~iver of the ~e~ms F~ereof a of ihe insrrvmenr sen,red herbY~" O~
dd~tan to the fwego:ng ma+thly payments of princ:pal and i~terest reqvi~ed by the promissary note secWad'_h b~ ~rtgagor '
and syrees to psy ro~ ach monthlY payment an sdd~tionsl sum estima~ed by mortgagee to be rqval to 1 12 of.t ~ann' Lco~~
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, i~g: ~ 'A ? ~ . `3, = - ,
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A-Afl real property taxes kvied or assessed ayainst the above ' real estate _ . U1 9('i ~ t'
! B-Premiums on fire and windstorm insvrance ~s herein requ"aed to be ' on 1 b sitwte on tFw }~ovs,_dGit~
p~'~
' C-Premivms on such mortgage gwr~nty irnurar+ce 11 from ~ime to time deem fit to cs f
s
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~ Mortgsgee shall from time to time ' gagw in writing of the amount duc and paysble hereunder and suc'!~ ~D ~ !fg d' .
~ payable on the due date of t monthly psyma+t and each sucaeuive month thereafter until mortysgee shall notify;n?o[tg~§qj o ~ ii~ such `
~ amouot. S~xh , spplied by mwtgayee towud the payment of real property tsxes, inwranoe prem:wns, and matya~ifi:$u~ra r~ ~
f.ei•-
IN WITNESS WHEREOF, the s+id MORTGAGOR hss hereunto set his hand snd se~l the day and year Pust sfaesaid.
~ red in 1Fn p?e~eoce ofz
0 RECORDEO' n
COUNTY. FLA. ey: % _,,,P 6 ~
~~~:C~RC V~Rff1GD Attest: q
- ~ 1`741_ ~ 3 ~ ~r. ~ ~ cs..~
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STATE OF RORIDA /`7 COUNTY OF ST. U1CIE
R0~ P TRAS
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I HEREBY CERTIFY. That c~~i A~k181f ~ J~~Y , A.D. 19 69 , `
bafore me psrsonally appsarod -g~~ M. Radk~ a~ Doris M. °Radke ~
respscNvely Ptesident and Seaetary , of
BDMAR, INC. ~ a FLORIDA Ccrpcration, to me
known to be ihs persau desuibed in and who execufed the foregoing insNument, and severally scknowledged the ex~
cution thereof to be their fres ad and deed as such officen for the uses and purposes therein mentioned; and that they
affixed thereto the afficial seal of said corporstion, and tfi! seid:. in:trument is the act and deed of said cerporation.
WiTNESS my hand and offiaal seal at Fort Pieroe,~~:~Q,~~! , said oounty stete.
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J~ ~ublk,~ i and for State and ~ou~ty aforesaid.
, ~ ; Expires: /9~/
~ f~ Q . i o t
s ry N~ r,~:
c. S u t
e o
t t ~ o n d a a t L s r
y ~ •
~i oan A~".•• Co.,,~ssio. A.4. 6 1911
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. ~ ' ~ i~4~lri~fa~la~cGy
C~1@C~C@~ i_ ~`1~sn4a~t1 ~'~,~l~~~ ' ~
y - ~ ~~ItiN11~~~ .
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go~K 175 ~ ~1405
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