HomeMy WebLinkAbout0800 3. To pl~c~ end coniinuously keep on the bui'd~nys now w Mreah~~ sltwte on sa~d isnd •nd on all equipmcnt and p~rwn~tly coveied by thi~ rtwrr~
~p~, with all pr~mium~ therwn pa~d in full, f~re in~u~~nce in 1he utiual ~tandsrd po~~cy form, in a~um approved by Ih~ MORIGAGEE, •nd wind~torm
intur~nc~ in tM ufua) ~undard pol~cy lam, tn ••um approved by tM MORTGAGEE, in fuch company w companies a~ tM MORiGAGEE may
di~K~l aixl •II fir• and wcnd~w~m insuranc~ po!K~e~ on ~ny of ~e~d twild~r~q~. any ime~~s~ iMr~in w pu~ thtrwf, {n th~ apy~ep~~~ wm ~for~~sid or
In ~xcea therwt, th~ll contain tM uswl stand~~d mat9aye~ claw~ a•uch othN clauu u t!» Ma~paflN may rpuu~. makinp 1M lou ur~r u~d polF
cie~, each ~nd ~v~?y, payabl~ ro said MORTGAGEE as. ~i~ imernt may appear, ~nd eech ~~.d •ve?y ~vch policy ~MII b~ prompily ~~s:yn~d •nd d~~ivr~ed to
~ny held by u+d MORTGAGEE ~i (ur:Mr ~ecurity to iaid mw~9afl~ debt, •nd, not les~ than ~~n (10) d~yt in ~dvanc~ of Ilx •xpir~t~on of e~ch pol~cy, ro dr '
IivN ro~id MORTGAGEE • r~w~l ~h~nof, top~tF?K w~~h • ~~c~ipt fa rhs pr~miwn o1 ~vch renewal; snd ~her~ ~hsll b~ ~?o f~n o~ windstam inwranc~
plaad on ~ny of soid bvildinps, any internt thaein a part tMrwf, ~nl~u in tM form and wi~h ~M lou payabl~ a~ a~or~~aid~ +nd in tM ~VMI MY tUT
of moewy becomat payable u~dtr wch policy w poi~cie~ Nid 1NORTGAGEE ~hall haw tha optw~ to receive a~d ~pply tM s~+n~ on ~ccount of tM indsb~ed '
n~~s fecured htreby or b p~rmit said MORTGRGORS to receive and vN H w any part thcraof for othr~ purposef, whhout iha~cb~ waiving a ~mpain
iny ~ny puity, li~n w right vnder w by vi~tw of this mortyagr, ~nd In IM ~vont ~aid MORTGAGORS thall for ~ny reawn tail to kNp tM uid p?~ml~es so ~
k+tured, w fail to d~live~ prompfly ~ny of said polici~i-of in~urucc~ to ~a~d NICRTGAGEE, a f~il prompUy to p~y fully ~~y premium therelw a in any '
r~ipoct f~il w p~r(am, d~sciurp~, ~:rcut~, eff~ct, compl~t~, comply wi~h and abid~ by 1hi~ mvanant, a any ps~t h~rwt, uid MORTGAGEE ~?uy pl~c~ and ~ ~
pay fw tuch Inturancs q~ny pa?t tMreot w~thoul waivinp w aif~ttinp ~ny option, I{~n, pvity, w righl ur+der p by viriw of thif Mat9ap~, ~~d tht • '
full amouM oi sach and twry s~cl+ payment sh~ll be imm.edi~t~ly du~ +~d payaW~ ard s1~aU bear imerest from tM d~t~ the~eof u~~il pa~d ~1 th~ r~t~ of '
nin~ p~~ t~ntum pK annum ~nd togelher with such interest sMtl bs secured by tht lie~ of thi~ morfpape. ~
To p~?mit, oommit w iuffa no w+ste, impai~menl w deteriwation of said p?opNfy a ~ny pa?1 therwf. ~
5. To~p~y dl snd ~inpul~r tM cosq, cMrQes snd expenses, inclvd~ny a reasonebte atto~ney'~ fae ~nd coits of abstnct~ of titl~, incurr~d p paid at
•ny time by wid MORTGAGfE, beceuse w In tht event of tht (~ilure on ths paA o( the said MORTGAGOR ~o d~ly, promplly ~nd f~lly psr(otm, d'ucharqR
axecut~, sf(ect, tomplete, comply w~rh and ~b;de by each and every the stipvl~t~ons, agreements, cond~~ions, ~nd ooven~nn of uid promiuo~y ~?ote and thi~
mortpp~ sny a~itMr, and s~id cw~s, ch~ryts ~nd ~xpens~s, ~ach ~nd evsry. ~Full be immcd~ately dv~ •nd pay~ble: whethsr or nof that b~ no~K~ dr
manJ, ~ttempt ro coll~ct w wit p~ndin~t ~nd tM fvll anw~nt o4 ea~h snd we?y such paymem sAall bear i~'rsreit fran ~M dat~ tFr~~ot unUl paid at tF+~ ;
rote oI nine pa centum pa ~n~ivm; and all u3d coats, charycs and e+cpsnses incurred or paid, toyether wAh iuch intereil, sMll ba titured by 1F» lien'of thi~ '
mottpagw 1
6. That (a) in tM ~veet of sny breuh of this Mor~g~ w default on the pert of ths MORTGAGOR, or (b) i~ tM went any of ~aid wms of mo~ey ~
hsrei~ nfsrr~d to M no1 promptly •nd fully paid wi~hin thirty (30) d~ys next after the arme sevtrally becom~ dw ~nd payabl~. without d~mand a notice.
or (d in tM ~vem each and ewry tM ~tiputations, agreemenn, condit~or~s and covenama of ie,d promi~sory note and this mort9y~ ~ny w eith~r ers not
~vly, p~omptly and fully perfwmed, d~xMrqed, execvted, effected, completed, compl~ed with and ab~ded by, tlwn in ti~hst a ~ny such twnt th~ ~aid a~ s
prspat~ wm menrianed in i~id prom~sswy note then remain;ng unpa~d, with interes~ accrued, and aIl money~ ~ecvr~d her~by, sMlt bacome dw and pay~
able fathwith, W ~F1ffNf1N. at the opnon of ~aid MORTGAGEE, as fully and compte~ely ai i! •11 of rhe w~d suins of money wer~ or~pinally iupul~fed
~o be pa7d on such day. ar~ything in ss~d p,om~uory no~e a in ~his lNorty~ge to ~he con~rary notwithetandinp; snd thsrevpan a thereaher a1 ~hs option of ~
taid MORTGAGEE, without notite w demand, suit at law w in tquity, 1Fkretwe or thereaher b~~n, may be prosetuted as if ~II nfonsya s~tund Mreby ;
hsd maWred pna to iri inttitution.
7. That in tM evem that ~t the beginnirg of or at any time pendinq sny ~uit upon this Mwtgage, or to fweclot~ it, w fo refam if, w fo enfoK~
payment of any cl~ims hereundsr, said MORTGAGEE shall apply fo the Cour~ having jurisd~ction thereof for tM appointment of s Receive~, svch Couit shall
falhw(th appoint a receiver of uid morty~yad property all ~nd ii~gut~r, includ=ng all and iinqular tM incoms, prof~~s, isw~s and r~wn~as froen what~ver
aource derivtd, ~ach •nd ~very of which, it beinp expressty underitood, is he.eby mortgaged as if specifiully ~tt forth and dewib~d in Ih~ pr~ntinp and
hab~nd~m ctausts FKreoi, uid :uth Rec~iva iMll Mve •11 rha b~oad and effective funcnons and powers in anywise entrutted by a Court to a Receiv~r, and
wcA appointment shall be mad~ by such Cpurt as ~n admittsd equity and a~natter o: abwlule right to said MORTGAGEE, ~nd withoul rtferent~ to tM
sdequacy a inadcquacy of the wlue of the p?operty rtwrtpaped or ro the wirency or inso!ver?cy oi taid MORTGAGOR w the defe:~danb, and ~hat iuch
ren+s, profits, i~come, issues and revenues thall be applied by such Receiver accordmp to the lie~ w equity of ssid MORTGAGEE and the practiu of such ~
Co~+rt.
8_ To duly, promptly •nd f~lly p~?fwm. dixhuge. ezecute. effect, complete. comply wi~h and abide by each and ewry ths stipvl~tions, aprtementa,
cond~tions ~nd coven~nrs ~n seid promissory note snd this mongags ut fath. !
9. Tfist in 1M eveM the ownership of 1M r.artgayed prsmises, or any paA the?eof, becomes vested in a perwn other ihan tM MORTGAGOR, fF+~ ~
MORTGAGEE, lts succeu«s ~nd asi~gns, may, wirhovt norice to tha MORTGAOR, deat wirh such tucceswr a succeasa in interest with reference to tF~ii
mortyage and ths debt hereby secured in the same manne~ si ,n7th Nbrtgagor w~thout i~ ~ny way viti~ting a discMrying tF~e Mwty~yors' liibility hera
under or upon the debt hereby secured. ha sale of the ptemises herehy mortyaged and no forbear~nce on the p~rt of ~i~e MORTGAGEE br ib tucceswn
or au~gns and no exten~~on oi thc time f« rhe payme~t of the debt hereby secured qiven by the NWRTGAGEE or iri succeuors w assiyns, ahall operats
to relew, dischar~e, modify chanp~ a affect t1u wiginal lMb~lity of tM N1~RTGAGOR her~7~, ~itM? in whole or in put.
10. It h specifiully a~reed tMt time is of the esxnce of this contract and thst no waiver of arryr obliyation hKwnde~ or of th~ oblipation ~a-
tvr~d Iwreby tMll st any time thereafter be he!d to be • waiver of the terms hereof a of the i~strument setured herby.
I1. In add~tion to the faego:ng monthty psyments of princ pal and interest required by tF~e prom~uory note secured hercby, mortyagor oove~unts
and agress to p~y to mwtgsgee with each monthty payment sn add~tionil ~um ess~mated by morrgay~.a ro be eqwl ro 1/12 of ~he amual cosr of the follow-
'ngc
- A-All rea! property taxei levied w asseued against the above desaibed resl estate_
B-Premeums on fire and'windstorm insurance as he:e~n requ~red to be ca~r~ed o~ the improvemeMS siwate on the above described premises.
C-Premiums on such mortgage guuanty irssuru~ce as mortgages ahall from t:me to time dc~m fif to urry on tF~s loan secured hcreby.
Mwtga9ee shail from t~me to time notify mortgagw ~n writ;rq of the amount due and payable hereunder and •uch wm thall therevpon be due ~nd
I~ paysble on the due date of the next monthly payment end exh tuccessive month thereafte? ur.til mwtgsgee shall notify mortgayor of s charc,~~ in such
~ amount. $uch sums sF.all be spplied by mutgagec toward the payment of real property tsxes, insurance prem:ums, snd mortgs9e 9uaraniy iniurance :
prcmiurru. ~
i
IN WITNE55 1NHEREOF, the said MORTGAGOR has hcrevnto iet his hand ~nd seal the day and yesr ' t id.
- n°d' Sea~`d `?d •„°`°d i°'+" pr"'nc° Witnesses as to
Charles M. Wright n
' ~ , ~ ' ` 'r~~ ~ Witnesses as _ ' ,
' ~ ~G h~. L- to Karen S~T~~~jr F~~ aren S. Wright
a~~~a r~~ITR~S • ;
~4[iBf Province of Quebec ~(,ERK ::~aL~~~T COURT ~r~\ ~
c~~~i~Canada ~ ss. Frrrp-~ ~yP,IF~E~d;
~.3~-}~~ • •»Q~:7~7 t
~ MA~'. 3, I ~ ~q ~ya.~
defwe m~ perwnally ~ppssred Karen s. {~I~r1~q~~~~~C~a~S A~Ime*' RfJad~ ATl~?'~ P*nV1riCe
_9f uebec `r
4 ro rrk well known snd known to rn~ to b~
tlw individual desaibed in uid who ~xecutad tMa forepoirp instrum~nt, and acknowledp~d b~fw~ ms tFNt ~w executed the s+rtie for 1h~ pvrposes
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WITNESS my hand and official seal thi~ ci~rtPVnth d~y ~ March ~,..19
' s .
~ _
y =
Notsry Publit ' `
` STATE OF FLORIDA ~
~ • % , . i~..
~ couNrr oF St . Lucie ~ u- Notary for the Prou~igce.~af ,Quebe'`' `
~ commission is `for fe,_._.__,
8efore me penonally sppeared Ch a r 1 e s M. wI 1 jl t ~ s. ~ a-~• T"
8 - ~
' ^ r~ i~,'
~ the individwl described in and wFq executed the for oi to rrw wel~ " k~pyrq.}p.~;;~~
ey n9 instrument, +nd ~cknowledged btfoa~ me that M~x~wwtid ~ tFy''~ri<<~Ipt~
thrapuspesq
~ therein expressad. ~~GX~If~{XXXXXX X?pCXXX)OCXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX74XXkX~C~7C70C?OC
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~ X.Y.1~af~6?GX~KKX~,~~aG7j~
; K~~tn,ttxaa~sacata~, ~~x~X~~K~Ex~
~ WITNESS my hand and offkul ~eal this 19th da March n?. 19 76
~ This instrument prepared by Ric~hardl~~" ~ryes -
~ First Rederal Saviny s and L,oan 1~ ~i~t ~
~ =Not~ry Public In nd for th~ Sta1e of fbrids ~t Larp~
of Ft. Pierce Rlorid -.M ~,,,,,,,~s;a,
~ Return io: a r ' ~ ; • ~ :
: Y ~x res: ~9 ~
. , _
~ first f~al Savirgt 6 lw~ Associar~cn ~ '~~~hx' -c ,r
~ 01 i0.. P:erta ~ a f. ^~~,T.' ~~f ~ ' :r.
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j iort P:? F~ +f
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~rs~e.
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