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HomeMy WebLinkAbout2018 i. To pt~c~ ad continuo~tlY ?e~P on t?w bw~d..~p~ now w I~~~I+~r wfu~b on ?a~d ~and ~nd on ~11 eV~+iprr~e~~ ~^d PNSen+~h tovM~d br tlw~ wwr pw w~~A ~Q pan~vw ~M.w~ p~~d ~n 1~14 I~~e inw~~nc• ~h~ u?wl u.nda.d po1~ fa~w, In •~~~n ppowd b~r tM MORiW?GEE. ~nd w~rnh~o tmwN+c~ in ~M wual ~~~nda~d pa~cy lar~, in • tiwn ~ppsowd by Nw MORTGAGEE. in wcA <omp~nr a coTpae?~M u tM MORIGA(iEE ~w diredj and all iN~ snd wintb~a~n inw~s~ R9~Ki~f on ~ny o/ ~tid buitd.~qf. ~ny Mhr~N tM.t~n a pu~ tl».eol, in ~M app~p~a wT ~Ia~N~d M~xcss~ ~M+w1. shall con~~in ~M ww1 s~and..d ma~y.qN davs~ a such o~ha clwa~ ~s tM Ma~papN ~nay rpu+~. ms?ieq N+~ ~ou u~ ta~d po . ciN. NcA u~d wrY. Wr~b~ a ~a+d MORIGAGEE n~n in~erest nc~y app~a~. ~nd each ~nd ~vay ~uch po~~cy ~Iwtl 1» p~ompuy ~s~ pned and delivK~d ~ .n~ MW by wd MORtG~GEE •s /urrM. •ecv~~~y ~o u«d maeppa d•W. and. ~w I~u tMn (101 da~rs in ~dv~ncs oi ~M ~apira~a+ ol Nch polKy. to d~ liw? to s~id MORTGAGEE ~ r~e~twd tMr~a/. topstlw~ with • r~cs~p~ fo~ tM pr~rniwn o! wcA ?enew~lJ N+~r~ sha11 b~ eo la~ a w~nd~~am iosw~oc pl~o~d on w+y o! ~aid buiW~n~, •n~ in~e.a~ M..•~~ o? par~ ~M.wf, unl~a Mw fam ~rd wi~h ~h~ ~ou pay~bl~ as a(aeaid; u~d ie ~he ~wm ~ny wn of ma~y becanq pa~abl~ ~ndK wch policy p polKi~s aaid MORiGAGEE aMtl Mw ~M opr~on ~o .eceive and ~ppty rM ss~:x a+? ~ccovn~ 01 ~FK i,~bied ~tts t~cwtd htr~by a b pamit ~aid MORTGAGORS ro receiw ~nd uN il or a~y pat drrrcof la othrr purposes. v.~~ho~t ~h_..o/ wai~i~q o~ nopai. inp any pu~ty, li«? o? rght unde~ w by virrw of lhis mo:tyapr, and in tM ~wnt Nid MORTG/?GQRS sMll to~ ~ny rsason /ail fo ksep 1h~ taid p~mis~~ so i~ured, p fail to delivK promplly ~ny o/ said potici~~ of inwr•nc. ro ud MORIGAGEE. a fail promptly ~o pay fvlly any pre~nium ther~fpr or in anY r~sp~c1 fail b pNlpn~, disthar~, ~xecv~~, ~ff~ct, compl~q, comply with u+d aE~ by thi~ coveoant, a~ny par~ h~~~of, said MOttTGAGEE m~y pl~ce a~.d paY fa wch tnsurenc~ o~ ~ny pa?t tF,e~eof w~~hout waivinp a~ff~uinp any opt;on, li~n, pu~~y, or riphr under w by virrw, of ~hi~ Matqape, and ~he full amo~nt oi ~ach and ~wry ivch payme~t shall be imnedi~~ely dw ~nd pay~bb ~nd shali b~ar. iete~es~ from tM da~~ theraof until paid ~t ~h~ ~aq ol niM p~r centum pe~ ~nnum and logether wilh svth interest thall be satured by tlN IiM of this mott9aq~. 1. To permit, commit or iuffa ~o w~st~, imp~i.msnt w deteriora~ion of s+id properry a any put ther~of. ~ S. To pay all and sirgul~r ths casts, char~es and expenses, includirq a roasonabl~ ~ttorney's fe~ and co~~s of abslracts of titk. incwred w p~id at eny time by said MpRTGAGEE, b~cause ~ in fhe event of tM failvre on ~he part of the said MORTGAGOR ro d~ly, promptly snd fvlly pertorm, d~uha~g~. exec~ts, effecl. complet~. comply w~th and ab;de by ~ach a~d svery the uipulations, apreementa, conditFons, ~nd cov~Mnn oi said pramissory note and ehii mortypa a~y or ~ither. and said coa», charyes snd expentts, e+ch and ~very, tFw~ll b~ inunedi~tely dw snd psyable: whether a not ther~ be no~ice dr mand, attempt to colkct w wit p~nd~r+g; snd the full smount of each end every such p~ym~nt sMll bear intcr~st from tM date th~rwf until paid ~1 the rate of nine per centum pe? amwm; and all ssid costs, charpes and expenset incwred a paid, togethe~ with sucl~ interest, shall b~ setured by th~ li~n of thu mortps~. " 6. TfWt in the event of any breach of this Matga~ w dehvlt on tM paN of the MORTGAGOR, q? (b) in the event ~ny of seid svms of mo~?ey herei~ referred to be not promptly and fully paid within thirty f301 days ncat efter ti~e same sevcra!!y betane dus and piyable, wifhout demand o~ notice, or in the eveM cach and ev~ry the stiputations, sgreemcnis, conditions and covenants of ta~d promiuwy nota and this matpa9e a~y o~ eilher are no1 iuly, prompNy ae+d fully psrformed, dixharged. exetuted, ~ffetted, tompleted. compl'~ed with and ab~ded by, then in e~ther or any tuch event tAs said a¢ gregare sum mentioned ie said promissory note then ~emaining unpaid, with interesl acuued. ~nd all mor+eys setured he!eby. iMll betome dw and p~y- abte forthwith, Of tFriYNftN, ~t the option of said MORTGAGEE, as fully and completely es if all of the said wms of money wcre aiginally stipulated to be paid on such day. anything in said promissory note w in this Mwfgage to the contrary notwithstanding; snd thereupon or thereafter at the option of said MORTGAGEE, without notke w demand, suit ~t law w in equity, therefore or thereaftrr begun, may be prosecuted as if all moneys secured hereby had matured prior to its imtitWion. 7. That in tha event that at the beginning of or at any t~me pendi~g any suit ~pon this Mwtgage, o? ro foreclwe it, a to mfo~m !t a to enforce payment of any daims he.evnder, said MORTGAGEE shall spply to the Covrt having jurisdidion thereof fw rl~e appantmsnf of a Receiver, wch Court shall forthwith appoint a receiver of said mortgaged property all snd singular, includ~ng aIl and singular the income, profits, iuues a~x! revenues irom whatever wurce derived, each and every of which, it being expressly unden?ood, is hereby mwtgaged as if tpeufically set fpth and dcscribed in the Qranting and habeodum clauses hcreof, and s~?ch Receive? shall have sll the ixoad and effective funcnons and povrers i~ anywise entrusted by a Court ro~ Reteiver, end such appointment shall be made by such Court as an admitted equiry and a mstter of absolute right to said MpQTGAGEE, and without roference ro the adequacy a inadequaq of the value of the property mortgaged w fo the sotvency w insolvency of said MpRTGAGOR p the defendanb, +nd that such rents, profits, income, iuues aod revenues shall be appl'ied by such Receiver accwding to the lien or equity of said MORTGAGEE and the practice of such Covrt. - 8. To duly, promptly and fully perform, discharge, execvte, effett, complete, comply with and abide by each and every the ttipulatio~s, agreements, conditions and covcnsnts in wid promissory note a~d this mortgage se~ fwth. 9. That in the event the ownership of the mortgaged premises, or any part thtreof, becomes ve~ted in a person other than the MURTGAC~rQR, the MOR7GAGEE, its successo?s and suigns, may, without notice to Ihe MORTGAOR, deal with such sutceuor or successor in interest with reference to this ' mwtgage and the debt hereby secvred i~ ihe same manner as with Mortgagw withouf in any way vitiafirg w dischargirg the Mlortgsgors' (iability ,here- ~nder w upon the debt txreby secured, fYo sale of the Fremises hereby mortgaged and no fabearante on the part oF fhe MORIGAGEE or ih successors er auigns and no extension of the time for the payment of the debt hereby secured given by tMe MORTGAGEE or iri svctessors w assigns, a~tial) operate 1o releax, dixharge, nwdify change w affect the original liability of the MpRiGAGOR htrein, either in wlak or tn part. 10. It is specifically agreed thai time is of the euence of this contract and that no waiver of any obligation he~ew~der or of ths obligation se- cured hereby shall at ~ny time thereaher be held to be a waiver of the terms hereof p of the instrument setured herby. 11. In additior~ to the forego:ng monthly paymeNS of princ'pal anei interest required by the prortiissory rwte secured hereby, morfgagor cpvensnts and agrees to pay to mortgagee with each monthly payment an add~rional sum estimated by mortgagee to be equal ro 1/12 of rhe annual cost of the follow- inq: A-All real property taxes kvied w assessed against the above described real estate. 8-Premiums on fire and windstwm insu?ance at herein ~equ~red to be carried on the improveme~b situate on the above described premises. C-Premiums on such mortgage guaranty insurar,~ as rtwrtgagee sFw(1 from time to time deem {if to tarry on the ban secured heregr~~ Mwtgagee shatl from time to t~me notify mortgagor in writirg of tl~e amount due and pay~bk hereunde? and such sum shall thefeupon ~ dr)r and payable on the due date of the next monthly payment and each successive month thereafter ur.til mortgsgee shall notify mortgsgor•of rge inibch amount. Such wms shall be applied by mortgagee foward the payment of real properry taxes, inwrsnce prem:ums, and mort premiumt. _ L : . IN WITNESS WHEREOF, the said MORTGAGOR has hereunto xf his hand and seal the da i ~ ' ned, Seakd and 've?ed in the presenoe of: : ' : - FlLEO AN~ R~COROEO / S~.LUC1E COtfNTYfLA. a . ~ • ' ROCi i~ PqITRAS ~Ati b S i ' ' ~ . • ' CLERK ~CUIT C4URT~ ~ p~p~ ~~P I - • - - _ FCAa^ YE:~irrEU~~~l~ - - - - - - ' ~R ZJ Z 38 ~'7Z ~,`t~g'~a3$ ~ ~ ~ ' STATE OF fIORtDA COUNTY OF ST. LUCIE ~ ~ 1 HEREBY CERTIFY, That on this day of eP~ , A.D. 19__~, f ; before me personally appeared _ J089ph PbdDi and ~~C~ ~ respectively President and Secretary , of l+b~`P9t~teat,l~er IIIVi9st~a=1~ Co. ~ InC. a Flol•ida Corporation, to me - known to be the persons described in and who executed the foregoing instrument, and severally,a~cnqv+t~~dged the exe- t~ cution thereof to be their free act and deed as such officers for the uses and pursoses therein_ -rpel?~~iwd; artd'~ihat they j affixed thereto ihe official ssal of said corporation, and the said instrument is the act arid +desd~ Of~ei ._Gpt~qation. : WITNESS my hand and official seal at Fort Pierce 1~'101'1da ~ ~ ' Th18 iT18fi.rt3alBAt lb d , said county aad s~ate~ ~ 0., J.: . ~ P Pg~ b? John W. Collina :.f - ~ FirBt Fbderal Sai3ngs and Losn Qsaociatia~ i of Fort P3srce~ F1o1"id8 Notary Public, in and for State an ! My Commission Fxpires: ~~~WC~t U1RGE ` IIY OOMMISSIOM RES SEPi. 25. 19T5 ~ 6oidid Bp llawtina &nker= Inwrmca .o. ~ ! Checked By f ~ F 4 < ys . - ~ ~.,,~-'~~Yr`~~.~~~ s- ~ ~ h~ '~~K.':~,~„ +..'s 'y~..- -e _ - ~ ' - . . .,~,?s..~__ . -