HomeMy WebLinkAbout0579 • .
To plan u~d cauMxauih kNp on tM buiWinp~ ~ir a I+wNftM ~itwte on ~aid I~nd N+d on ~II puiq?~H a~d p~.wn~tly covN~d by tl~i~ earq~
pw wi~h ~N p~kwn~ Mer~ p~W in lull. fin insuwKi.jf tiv wwl ~arda.d policy fan~, in •?wn ~pprowd by tM MORtGAGEE. ~nd wind~~am
imww~a M MN wwl ~~.nd+.d poba~r fa~ i~ ~ wm approwd b~l Mw MIORTGAGEE, ln wch wmp«+y a companih a fM JNORTGA(3EE m+y
dinctl ~nd NI Hn •«~d w~rwb~ona Nawa~a polk~a on a~ry OI M~ II~WM~ My InlNht IhN~in Of pi~t fMr~01, tn ~M ipy.p~a wm ~fahsW a
In ucaM ~Mnol. ~Mp comaln ~M uswl a~klaed mapapN c1+uw a wch o~l~ c4us~ a ~M Mat9+p~ m+Y n~iwn. m~Au+p rM loa und~. s~~d po1F
ciM. ~ad~ aid wMy. WraW~ w u~d NIORTiiAf3fE a ib iruMat n~r. ~pp~ar. ard e~ch ~nd wKr sah policy ~hall be promptly as~ pMd ~nd d~livNed 10
any MId by ssid lYIORTGAGFE a(wthu wcurtty lo s~id mottpp~ tMW. +nd. nw les~ ~h+n tM (10) deys In ~dvanc~ ot tM •xpir~tan of ~~cb polky. to d?
liwr te safd MpRTGAGEE • t~newal tMnof. topNlwr wIM • r~cNpt fw 1M p~ of wth r~walj ~nd thtr~ ahall b~ no fin a wir?di~a~n inwr~eK~
pl~ad an ~ny ol ~aid butldin~, u?y iett~~st 1Mr~ie~ or pM N~I. rnlw in ~ fwm W+d wi~h ~M 1oa p.y.W. as .iw.s.~dr .nd H+. ~wM ~e1?
of moe~y beeonwa pay~pl~ w~du weh polity or polici~s aid MORTGAGEE shall Iww ~M op~~on ~o .eceiw and appty tM sam~ on account oi tM ie~Mbted~
+Nq satund 1M~~ p q pKmlt wid MORfGAGORS 1o no~iw and w~ M a~ny part tlwrwf fw orMrr pu~poses. wi~hout Ihereb~ waivi~?p or m+pai~-
~ MY ~~h. « rgh~ w~du « br vir~w of ~ha morr9a~.J .nd in rM ~wm said MORiGAGORS slwll fw ~ey reason fall w keep N» s~id pr~n?ises so
Muw~d, a fdl b d~liwr promptM ~ny of saW policits o/ inwranp ro said MORTGAGEE, a fail promptly ro p+y fully any premium fi+~r~fw w M u+y
ntp~a fall b p~rfp~n, disth~~y~, extcut~, ttfM. cort~pl~t~, tomplr with ae~d abW~ by this cov~nanl, p a~ryr rt reaf ~aid fN0ltTGqGEE_ma placa ~rd
paY fa wd? imw+na a ~ny part tMr~of without walvinp or ~ff~ctkp a+r optbn, Ikn, puity, a~Ai µ~+~~y~~ .~~d tM
fvll amounl of tach and ~very avch paym~nl shalt b~ imm~diat~ly dw ++~d pryabl~ and ihall b~u iMme~t f~':1~(~~~~ . r~b ol
~~n~ pK c«?tum pN amwm ar~d toy~ther with wch sr?te~est sMll Ncur~d by tM IiK?of th~~ mort9ap~. AECORD~V,~'IB]ul~~
1. To pKmi~, wmr~t w wff~r oo wast~. irnpairm~nt w dHNiowtion of said p~opKry at ~y puf therwf. ~~E
S. To p~y a11 ~nd w~p~lar Me cwtt cMrpe~ ~e~d ~zpww~, indudirp a na~onabk ~norr?~y's f~ and cosb of abstrects of titl~, Iixwr~d or paid at
sny tim~ by said MORiGAGfE, b~cavse or in th~ ~vtnt of tM failw~ o~ the p+rt of tM s~id MORTGA ~ 11 ducMr
~x~cut~. ~ftect. compkte. aaoplY with and ~b~d~ by tach ~nd ~very rM stipula~ions, apre~nts, conditia ~wl~ann ~ sa y and thi~
mortyap~ any w~itl~. and wid coah, cM~p~s and ~zpens~s. ~ad~ and evay. sM{I b~ immediately dw ~nd pay~ble: whethar a not the« b~ notic~ da
m~nd, att~mp~ to coll~ct w wit p~ndirgt ~nd tl+e fvll anww~t of ~ach end ~v~ry avch payment iMN be~.- inre~es~ from tM dat~ tlw~eof w~til pafd ~t tM
rate of ~ ptr ceotum per amwm; and all ~aid oosri, tharyp ~nd exp~nses inwrrtd a p~id. topether with sucl+ int at shall b~ sKUred by 1M li~n of t
~O~ER POITRAS
~~ThN (a) i~ tM rwnt of ~ny bnach of this Matyap~ o? default on tlr part of ths MORTGAGOR, or ~q.Fii~ ~~Tif~i~~~ert~y
henin r~f~rnd to b~ rat promptly and fully paid withi~ thirty (30) d~ys next afte~ th~ same sewrally become due ~nd payabN. withou~ demand a notice.
or (V in tM event each ~nd everyr ths stipulations, ~y~e~nts, conditions and coven~nb of ~a~d promissay raro a~d thi• mor~~a~e ~ny a ~ither are no1
~tly; prony~tiy uK! fully performed, diuhsr~ed. ~xscvqd, dfecfed, compl~t~d, complied with and abided by. then in e+ther w any such went th~ said ag
preyaM wm me~tanad in ssid promissory ~ote then ~emaininp unpaid, with iM~rest accrued, and all moneys secured hsreby, shall becoms due ~nd p~y~
ebk forthwith, a thereafte?, ~t the option of said MORTGAGEE, as (ully ud completely at if~ all of tFis wid sums of mo~ey were a~pinally st7pulated
to be paid on such ~ky, a~ythi~g in ssid promissory ~ote or i~ this Mortpaye to ehe contrary notwi~hstanding; and thereupon w thercafter at th~ option of
s~id IMORTGAGEE, without notice w dert?and, wit at I~w or in puity, ther~fote or thereafter begurl, may be prosetuted u if ~ll mon~ys secur~d hereby
had mafurtd prWr to ib it?itiwtion. _
7. TMt in the eve++t that at the beginning of a~t any time pendinp ~ny wit ~pon this Mo.tgage, w ro fweclose it, w to refom? it, or to e~forq
paymsnt of ~ny dsims herevnder, said MORTGAGEE sh~ll appty to ths Couh h~viny jwiidrctio~ thereof tor the appo~ntment of ~ Rece~ve?. wch Cou?1 sha{I
fwthwith appoint a receiver of said mwtpap~d prop~rfy ell and w~p~lu, includ~rg all and sinpvlsr the income, profits, iuues ~nd revenues irom wl~atever
~ourc~ d~rived, each and every of which, it beinp~expressly understood. is hereby mwtg+ged as if apecifically set fath s~d d~~cribed in rhe pr~ntinp and
habend~m ciaus~s hereof. u~d such Receiver sh+ll haw aU th~ bo+d u~d ~Hactiw f~?nct~ons and powers in anywis~ entru~ted by a Caun. to t Receiva. and.
such sppointment shaU be made by wch Cowt u an admitted eqeiy and ~ matter of absolute• riqM ro s+id MORTGAGEE, snd without referenc~ to ths
adeqvaqr w in~deqoacy of the wlue'of the p~operty w~ort9a9ed or ro the ~olvency or inwtwncy of s~id MORTGAGOR a the defe~dann, and that such
renn, profits, inoan~, issws and. «venu~s sMll be appli~d by wch Recciwr auwdinp a th~ lien or puity of said MORTGAGEE and ths practice of such
Covrt.
8. To duly, pranptly ~nd fully pe~fwm, dixhs~ execvts, effect. compkte, comply with and abide by eadi and every ths stipvlatio~s, ~yreemenb,
conditions and coven+nts in said promiuory note and tha morry+y~ ~et forth.
9. That in the event the ownership of the mo~tyayed prem7sa, or any p~rt thereof, becomes vested in a penon other tMn the MORTGAGOR, th~
MORTGAGEE, i» . sutussors and _ augro, may, witlaut notiu ro tF~ MORTGAOR, deal with such successw a successor in interesf with re(er~nca to this t
mo?tQ~ye and the debl hcrcby secvred in the same manne~ u with 1Norigapw wifhout in any wsy viti~tirg a dixhargin9 tF~e Mortysgor~' liability htr~-
under or ~pon the debt hereby secured. No sale bf the premises hercby mwtyaped and 'no twbearsnce on the parf of the N10RTGAGEE a in waesson
w aasigm u~d no extension of tM time for the p~yment of the deb~ hereby secw~d 9iven by tM MORTGAGE~ or i~s succeuors or auiyns, sMll operat~
ro nl~aft, discharpe, gadify charge or affect the_ oripinal liability of the_ N10RTGAGOR hertin, either in whole a in p~rt.
10. b is spetifically ag~eed that time is ol the euence of this contract ~nd tMt no waiver oi any obligstion hereunder or of th~ oblipation se- j
cvred hereby sha11 at any tiint thercaffer bt held to be a waiver of the ferms M?eof or of the irutrumeM secured herby.
11. In add~tion to the iorego:ng ~ rtanthly paymentt of prin~ psl and interest required by the promissory .nore secured hereby, mortgsgor coven~nts .
and ~grees ro psy 1o mortyagee with each monthly payment an addirional s~xn es~imated by mortgagea to be equal to 1/12 of the amv~l cost of ti+e folbw-
~ ing:
; A-AU real property taxes levied or. assessed against the above desvibed real esrare. •
~ B-Premeums on fire and windstorm insurance as herein requ~red to be carried on the improveme~ts situate on tlx above d~ctiEed premises.
C-Ptemiums on such mortgage gwranty irssurar~ce as mortgagce shsll from ~;mr to time deem fit to carry on the foarf ya~urtd he~eby, !
1Nortgsgee shall from time to time not~fy matgayw i~ writing of the smount dve and payabk hereunde~ and sucR ~?.stydl~~aupon be due and
payabte on fhe due date o# the nsxt ri?onthiY paYment ~nd each wccessive month thereafier until mortgs9ee shall not~ ~!l~~~~~~ in wd~
amount. $uch wms shall be app i~~y mortgagee toward the payment of real propeAy taxes, iruvrance p?em:wns Nfi~- yry~N~j Infur~nct '
! premiwnt. • . i . r ' ~c : Y t ~ '
, J. . :
~ IN WITNESS WHER'cOF. the said MORTGAGOR hss hereunto set ha hind and seal the day and yeu fi~st atcy~t~td. ,-~~:~.m'.;; ~
' Sipmd, Seakd s~d delivared ie the preseno~ of: ; - ~ . ~
~ S?. L~IB COiNTY• BANK; ~~TSR'
~
~
~ ~ under Trust rt q ~
dated S t •
by , j'
STATE OF fLORIOA C s
courm~~ St. ~LuciQ ~ ss~ ^AttQSt: - • ~ -
STATE OF RORIDA COUNTY OF ST. LUCIE '
1 HEREBY CERTIFY, That on this ~day of II?~av , A.D. 19 ,
before me personally a~~ red Robort T~rry and Pe9flY BurY
~.a~a~urw3 w 1.~~ ..~81(~'iC.Q-PrasidQnt
respectively IOpppRlt and ~ ~ Cashier , of
St. Luai~ .Cow~ty Bs~nk ~ s Flo=3da ~r~#~ ~ e
known to be the persons described in and who executed the foregoing instrument, and severally ack f` " a:•:
~ , , ; .
~ _ ,
cution thereof to be their f~ee sct and deed as such officers for the uses and pursoses therein mentior~yai~'1~,. • >r:i _ '
~,~;,~i~ • `=j ~
affixed thereto the official seal of said corporation, and the said instrument is the ad and deed Of~laillr~oe~p~rl~t~e~i,",:~; =
" t
. - -
WITNE~ my hand and offidal seal at Fort Pierce S t.Luc iQ ~ Rlos ida , said oounty and st te. ' : i"' -
This iastruaQat prapss~d by Frank Fee J~:.~:y.Q
' ~r' : . . . • ;
r~r~t ~0~8?1 Saviuys ~uad Loan AssoC. 6 ` I•'..
0 os rco , .
By F=~ F~ Notary P lic, in and for Stat and CouMj? ~lfaftesa'
My Commission A E t,_. I1,RGE ,
. NOi~~~~ S' ~:c.:.~ .~:_f 23. 1974
~,MY COMMISSION ~ 23' ~4
~NpF,p 7Hg0UCsH fK~V Yt. DiicSTELHORST~
. ~
}
. , . ~ 0~1~ ~ 5?8 ~ ~ # ~ ~ ~
~ r . - ~ -
- - - _