HomeMy WebLinkAbout1839 tr .
a . ~ / ~ . •
To plac~ •nd conrtewo„~ly k..p a+ rh. buiid~?p: now a M?.ai~.. w~u•a on ••W ia+d •nc~ on all .y~~~en~ u+d p.na+auy co~..ed tr~ ~h~• m«~¢
p~. with ~11 p~emivm~ Ihereoe? p~id in fvll, (in insur~nc~ in tl+~ uswl standud policy fam, in ~~um approv~d by tM MORTGAGEE. ~nd wind~tam
InMwwic~ in ~M wwl aanda~d pol~cy fam. !n • wm ~pproY~d by ~M •MORTGAGEE, in wch company w canpan~~s a ~M MORiGAGEE n+ay
dinctt ~nd aq fI~ ~nd w~torm inaw~nn policia on ~ny of s+id buiidillpf. My MfNNI 1IM~!{11 O/ pifl tlltffOl, G+ tlw pprc9~q w~n ~fw~said w
In ~aqss therwi, aMll con~~in tM uswl ~tarKlud matpa~ clauw o~ such o~Fwr c1auM a 1M Ma~~pN m+y rpuu~. matinp tM bu u^d~. s+d po14
ci~s. Nch and wNy. p+Yabl~ w said MORTGAGEE a its inta~at m~y ~pp~a~. and tach and tw~y c~ch poliq ~hall b~ promptty ~a.pned a~d d~livN~d ro
~ny htld by said MORiGAGEE ~s (w~htr stturity to said mat9sp~ debt, ~nd, not I~s1 1Mn ta? (10) days i~ ~dvant~ of 1M ~apiration ot fKF1 pOI1Cy. 1o d~-
IivN to wid MORT~'sAGEE • r~newal therWf, topttF~ witA ~ rapipt fot tM p~tmiwn of such r~~ewalj ~nd th~r~ ahall b~ no fire or windtto~m inw~a~c~
pl~c~d on ~ny of aid buildirgs. any l~ta~~t therein a part tFwreof, unl~u ie tM form ~~d with tF» bss p~Yabl~ ~s da~i+id~ ~nd M? tFw ~reM ~ny awn
of mon~y bacwn~s pay~bl~ undK svch policy a polKi~s uid MORTGAGEE ihall Mw ~M optio~ ro~sce~w aod apply tM s~ne on xcoun~ o( tM indeb~ed~
nyi sacw~d htr~by or b permit said MORTCsAGORS to receiw and us~ il O~ any put therWf for othcr purposc~, withouf th~cu/ waivi~~g or unpair-
inp ~nY equity, li~n w ri9ht und~t a by virtw of this morep+p~t ~~d 1~ th~ ~wnt uid MORTGAGORS ihell fw sny reawn fail to keep tM s+id pr~mises w
Inaured, w f~il b delivK p?omptly any of taid policies of ie~swanc~ to said MORiGAGEE, or fail promptly to pay fully any prem~~m tl?erefw or in ~ny
r~sp~ct fail W pNfam, discMr~. uecute, ~ff~d, complete, comply with and ~bid~ by this covenaN, a any pa?t hs~eof, said MORiGAGEE may place ~nd
paY fa such inaur.~c~ or ~ny p+n tF+erwf wi~hoW w~ivinp or •ff~ctinp any optan, lien. p~~ty. a ryh~ unda a by vi~tw of ~his Mo.tpa~. ~nd ~he
full amou~t of each a~d ~wry s~ch paymN+t shall E~ i~?wnediat~ly ilw ~nd p~yaWe and shall be~r intKest from tM dat~ thereof un~il paid at tM raa ol
nine per tbnt~m pN +nrwm ~nd 1oQelher with such iMerest sha~l bs sen?red by tFw lien oi tAis mort9+pe.
To pKmit, commit w wff~r no w~st~, imp+i?ment w dNKiw~tion of said property w sny pah thereof.
5. To pay all ~nd sinpular tM cosn.,ch+?pes u~d expK+a~~. ied~+diop + reasonabls ~ttan~Y's fee and costs of sbstrads of ti~l~, incur?ed w pa~d at
~ny 1im~ bp said MORTGAGEE, becaus~ a in the ~v~nt of tM (ailure on the pa~t of tM said MORTGAGOR fo duty, promptly u+d futly pe~fwm, d~xha~y~
execut~, effect. compkts. comply with and ~b'Kk by ~ach ~~d every the stipulations, a~teements, tonditiona, and eovenaMS of s~id promisswy note and th~s
mwtyap~ any or a~her. +nd said costs, chu9es and expenses. ~ach and evay, sMtl b~ immedia~ely dv~ and payeble: whether a not there be not~ce da
ma~d, sttempt to collect or wit pe~dinpj ~nd tM full ~mwm of each +nd ewry tvch payment sMll bea. ineerest fran the date rhereo~ until p~id at the
rate of nine per centum per ~mwm; and all said costs, charpes and expei?ses incurr~d a p+id, to~tlher w~~h such interest, ahall b~ secufed by tM lien of tha
6. That (a) in 1M event of any brexh of this Matyap~ or default on the part of the MORTGAGOR, w(b) i~ the event sny ot sa~d sumt of ma~ey
he~ein refe~red to be eot promptly and fvlly paid within thirty (30) days nexl after the same severally become due spd paYable. withoue dernand a norice.
w(~ in the event eath and ~very tM stipulationa, ~gnements, conditions and coveninq of sa~d prom~uwy note aqd th~s mortgaye any or either ar~ no1
~uly. pranPtly end fully pafamed. discMrged, executed, ttfected, compktad, tomplied witA and sbided Sy. then in elther w ~ny svch ~wm tM said ag
pregate wm mentiornd in said promissory note then r~maininp unpaid. with inte~est acuued, and all mor?eys secured herebY, shill become dw and pay-
able twthwith, a thereafte?, at the optan of said MORTGAGEE, u fvlly a~d compk~~lY as ii sll of the said sums of money were ai9inally st~pulated
ro be p+id on suth day, anything in said promiuory note ot i~ this Mortp~e ro the contrary notwithstanding; and thereupon or thcreaher at the option of
s~id NIORTGAGEE, without notics w dem+nd, wit at law or in p~iry, the~efwe or thereai~er begun, may be prosecvted ss if all maxys secured hereby
had manxed P.ar ro in insrrut~on.
7, That in th~ event that ~t tiw beginnirg of a at any tim~ pending s^Y wit upon this Mortgsge, or fo faeclos~ it, a to refwm if, a to eniac~
payment o1 any daims Mreunde~. ~+id MORTGAGEE sMll apply w the Court Mving jurisdKtion thercof (a ~he appointment of ~ Receiver, such Gourt shall
Fathwlth sppoint a receive~ of said mortya~ed p~ope~hr +nd'~inp~lar, includ~ng all and singulu the income, profits, iuues and r~venues from whatsver
sou~ce d~ri~ed.. ssch and ~very of whKh, it be~np expreuly undentood, is hercby ma~g~ged u if spec~iically set for~h and described in the yranting and
Mb~ndum ctauses he~eof. and sud~ Recsiva shall h~ve all the broad and effective fvnctaro a+d powas in anywise emrusted by a Cou~t to a Receiver, and
auch ~ppointment shail be mad~ by wch Court u an admitted equity and s m~tter of absolute riyht fo said AhORTGAGEE, and wifhout reference ro the
•dequacy a i~adequacy of tM vdu~ of the property mwtpayed or to the sonre~cy w insolvency of said lNORTGAGOR w the defendants, and ~hat such
renn, profits, income, iuues and revenws sMll b~ ~pplied.by such Receirer accordiny to the lien a~quity of said MORTGAGEE snd ~he practice of wch ~
Co~rt.
8. To duly, prompHy snd fvlty perfwm, disch~rga, execute, effect, complete, tomply with and abide by sach and every 1he stipulations, agreemenri,
conditans and oovenae+ts in said pronusso~y note and this mwtyags set fath.
9. Thst in the event tFe oMrnership of the mortyayed prcmises. or any part thc~eof, becomes vestsd in a person other tiun the MORTGAGOR, th~
MORTGAGEE, in succeuon and auigm, may, wi~han ootice fo the MORTGAOR, deal wuA such waeuor or wccesw~ in interest with reference fo this
mortp~e and ~he deW hereby secwsd in ti~e sam~ m+nner as witA Nbrtysga withoW in a~y way vitiatinp a dischar~ing the Matyagors' li~bility hera
under or upon the debt hereby secured: No ssle of the prcm~us hercby mortya9ed artd ra fwbeanMe on the p~t of tl~e JUIORiGAGEE o? iri svccesson
or auig~s ~nd ra extension of the time fw the payment of the ekbt hereby secured 9iven by the MORTGAGEE a its successoa or assigns, shall opKate
to release, d:xharye, rtadify th~nge or affett the wiginal liabiliry of the MORiCaAGOR hsrein, eitha i~ whole a in part. '
10. It is spedfically agreed that time is of the essence of this mntract and th~t no w~iver of sny obligation hereunder or of the obli9atiw~ sa
wrcd hereby ihall at sny time rhereafier be held to be ~ waiva of the termt hereof or of the irestrument secured herby.
11. In add~tion ro the forego:ng monthly paymenfs of princ'paI and interest required by the promissory note secured hereby, mortgagor covenants
and agrees to pay fo mortgagee with each rt~aethly payment an addi~ional tum estimaled by mortyagee to be equal to 1 J 12 of the annual cost of iM fpl{ow-
~^9: tia' -
A-All real property taxes kvied w aueased against the above described real estate. ~~,,~~•'~~i~:::::;; ~";~~f
' B-Premiums on fire and windstorm insurance as t+erein requ~red to be carried on the imp~oveme:+ts situate on tF~e above d(11t~ri`r f'~T
. ~ if~ N:•V •~~,~f4
C-Premiums on such mortgage guaranty insurar,ce as mortgagee shatl from time to time derm fit to carry on the lo~i`~c~d.iflEi~jb ;e'.•
° • r
~ Mortgagee shall from time to time notify mortgagor in writing of the amount due and paysble hereunder and sucht~u.d ~i~ • j,
~ payabte Qn the due date of the next monthly payment and exh successive month there~fter until mortps~ee shall notif ~D ~ id.
i amouM. Such sums shall be applied by mortgsgee toward the payment of real propeAy taxes, imurance prem:ums,
Pr~,u N WITNE55 WHEREOF, the iaid MORTGAGOR tus hereuMO set his hand ~nd seal the da a fi f itl. ' r,
Y ~ ,:t-
~ ~,a a~~;"N~a a~. of: p~p w~ . Od~O~~ y:-:
S- F~ ~
~ r :T
lUC1E COUMTY flA.~'
ROCER POITRAS ~ '
• CIERK CIEtCUIT C RTAt t: '"~~J:-r.~~~~'
IlECOItO YERIFIE~ c~ . ~ ~ . ~
_ ~ Q
, - - - ~ ~if - ~ -
- } . - - - - - - - - -
~A~:;~;~-`;~;: . 201631 ~
, ~ ..L,~~~
ST _ ° ~ • = ~ COUNTY OF Sf' LUCIE
r r ~ J-
~}~,;+T,hat on this day No~vember A.D. 19 70
. .
be~ar'?~{ { red R. g. R
flse a~ . M
a r
y R
ose
f'~4 . L:~6~~ ~ - - ~
re ~ ~ ~?resident and Secretary -.s
i~i~s ~P~rporation Florida <~<,,:~•,~,~.::-,~ ~ ~
. a '-IM~,Jris'
~ ~ ~'1!~-• r,
~ known to be the persons described in and who executed the foregoing instrument, and severally a~~ • 1•. ;
- r~,
,~~r!: j - {
cution thereof to be their free ad and deed as such officers for the uses and pursoses therein merifi 1l~t~Y~,},~.
. . . . `i ~ ~ ~7 ,``,~-P.
affixed thereto the offic~al seal of sa~d oorporation, and the said instrument is the ad and c~ed:Gf. ~~~~13e:
WITNE55 m hand and official seal at Fort P~ce ~N • d F-+"~,;~ . ,
y NM+~1?lriic. StN~ ~1 ~ ~i , said couny and :tstr. ~T O tJ : ~
ti ,'~G~",
y'•~w~„~,sti~ -r
M~ C
o w~ s
s i a F
c b. 19. 1974 ~1.E ~-ll /y .l Il.~„r i~~~1 _'~t i'~ l?~,;.' ~
b...r . w~.~as c«w, .w C~T" ,~li :y'F.'~: ;~':tk"hf`
Notary Public, in and for State and CouMMG
~is Instrw~ent Prepa='ed Hjs John i~i. Collins My Commission Expires:
~t Fed~eral Savings aM ~an Association of Ft. Pierce, Florida
.
Checked B
dflOK P~f
~
~ - ~
~ ~
T_,~-~~° `
=