HomeMy WebLinkAbout0409 To plaa ~+id com4woutiy kNp on th~ build'a+ps now a hKNftN ~ih?~h on Nid land and on ~11 ~q~rlpn»~~ ~nd p~non~lly covN~d bY ~N~ narq~ ;
p~, wi~A ~11 pranlum~ ~hu~a? p~~d in iuQ, il~~ Inwr~nc~ in ~ht wwl iandwd Do1icY fonn, In ~ awn approwd by tM MORiGAGEE. +ed wind~torm
Mawana M th~ usual ~tandard pol~cy fam. in ~ swn spprov~d by tM MORiGAGEE. !n wch con?pany w companiN N ~M MORTGA(3EE mar
~c1~ ~nd all 1M~ ~nd windu~xan hawana pdkits on any ol wi~ buildlnp~ N+~? MMaat tl~ein a p~.t 1hK~of, in t!N ap~paN wm ~foawid or
In ~xc~u ~Mnol. *hap contain ~h~ u~wl uandad maropN clau~ a wch wh~r clww a tM AAatOap~ m~y rpuw~. makk~ tM loN wdM s~id po~
dw Nch ~nd ~wry. wr+b1~ a sald MORTGI?GEE ~s ia k?taat m~y ~pp~r. ~?d ~ach ~nd ~w~Y wch po~kY ~F?+II b~ P~~Wb ~9^~ ~^d dN1vK~d ro---:1
~n~r h~W by s~id MORTGAGEE ~s fw~hN secwity a said maq+p~ d~W. and, na ba ~I~an an 110~ d.~n t~ .dra~+a of ~M .~ar•~on of .ad, pa~?. ~o d~
Wv lo ufd MORTGA~iEE • r~wd IA~rwi. ~op~fh~i with ~ r~uipt ia ~M prweiwn of wd~ r~w~t~ wid tFwn ~Mil b~ no fir~ a wMda~a~~n krw~na ~:w~
pi~ad on airy o! s~Md bulWinpti ~r M+~n~f 1Mr~in a parl tF~wi. unl~ in th~ io~m and wifh tM bef pysbM a~iw~id~ ~nd M tA~ ~wnf ~n~? wiw
of ^noMY b~con~ WY+b~ w~d~r wch pol7ctt a polic~ said MORTGA<3EE sh+ll Iww the op~ion w naiw N+d ippy rM san» on aaa+m ot tM ind~bt~
Ma ~nd Iw~by or a pKmit wid MORiGAGORS to r~aiw and uN 8 a~ny pan thvnol fa o~M~ pwposa, wi~laut ~h..•b~ waivu~p o~ impair•
Mp any p~iqr• IIM a riph~ w+d.r a by virn,~ of ihis more9+p.~ «+d in HN .wm wW MORT~iI?GORS .ha11 fw any r.a•on i•q a k..p d» s.~d pr.nu•a w
Yau~ed. a fNl a delivi. w~WM +~fl o+ sald pl~cfes of irauwna a said MOkTGI1GEE. a i~ii P~a^P~b ~ WY ~+~~Y +~1~ P~Nn1wn .tlwr~fa a In any .
n~p.a fatt a pK(onn, ~Mry.. •x.eut~ •fhe1. oanpNN. ea~pN wbA .nd aWd. b~r +Ab oov.nu+1. a.ny paN 1?.e.of. uid MORTGA(iEE ewy pl~a ~+d
phr fa wch irwwane~ a ~ny put tMnof wirAow w~ivinp or atf~ctinp any option, Ihe~, putty, w ripM wKb. a by virtw of tNs Mort9+p~, a~d the
tuu .n+owN of ..d~ «rd w«y wd~ paymaa sMU b. Mmn~d+.by dw «+d p.y.W. .nd .h.U b... inN...t hon+ th~ d.t• ~h«.of vmH paM n rh. M
nin~ PN at~h~ p~t a~ww~n «id top~thN with s~xh hte~~st tMN b~ saw~d bY th~ fi~e? of tMs moMpp~. .
I. To p~it. aonrnM a wff~? no waf~. M^Wirn~t a d~tKiw~tbn of wid propKty or an~r pwf tMnof. ~u. ~
S. To pay atl and ~M~pular d» cats, cMrpa ~d ~xpMSa, inch~di~+p • n~soeebl~ ~tWrn~y'~ h~ and ow» of aMtnct~ oi titb, kKw~~d w paW at r-.-
~nr tim~ by pid MORTGJIGEE, b~c~uN ar in tM ~wnt of tiw tailur~ on 1M p~rt ot ~h~ s~id MORTGAGOR to duly. P~~P~N ~nd fvlfy ppfarn~. di~d++rp~
' ~x~cw~. ~ff~ct. wmpb». canPh with Md ~bid~ by ~~ch ~nd ~wry th~ ~tiPul+tana. +W~arw^t~. ca~di~ioes. and oovMrnb of ~aM promi~wry na~ and thi~
~+or?Wp~ ~nY a~i~twr. and s~id oa~s. dwpN and eapensh. ~acl~ and ~w.y. sMll- b~ in~diN~ly dw ~nd payaW~j wMtMr a not M~n b~ norla dr ~
m.ed~. +n.ma 1o calecr o. wH p~np, «,a rl,. fu~~ .ieouel of ..ch .nd w..r wd+ psm+.m ,han b... im..«t f.om tn. a.+. N,...ol w~tu p.w ~t n,. ~
rate ot nin~ pa ce++tum p~r ~rawm; and all aid costs cMrpa and exp~++st~ ir?tw~~d a pald, top~tl~ with wd~ int~nst, sMll b~ t~ew~d by tM li~n of tha
.
6. ilwt (a1 in ~ht ~wnt of aery braaeh of thi~ Mw~y~ dr d~fwlt on th~ part of t!» AAORTGAGOR. a. (b) ~n ~h. w.m .M? o~ a~d wm. d~non.y
I~ln nf~rnd ro b~ not pranp~F~r ~nd fuNy paW wi+hin ~hirty (70) d~y~ n~xt ~ft~r 1M sam~ wv+raltp b~oorn~ dw and payaW~; withou~ d~n~w! a notla.
a? (d fn tlr ~wnt Neh ~nd twry tlr stip~isfioe»„ aprN+eNnt~. eonditio+n u~d eov~nanb of said po+nisso.y not~ and ~ha morqp~ aent a~itMr ~n nw
~+N. a«~r •~a ~~~h w~a~+.d, ducn+.~.a, wwad, .rt.a.d. c«roi.r.d, ao~~~.a wi~h a~d abid~d ry. tlrn in e~~ha or a~ryr wch ~wm tlr wid p~
p~paN wm m~ntio+~ed in said promiswry note then rNnaininp w~p~id. with t~tKat ~cuued, and ~II ma~ey~ a~cvr~d Iwr~by. sh~ll b~aorn~ dw and p~p
~b1~ fathwith, p 1I10~Nf1N. at d+~ option of said MORTGAOEE, as fuNy ~~d canplN~ly u if all of the afd wms of mor»y weh aginNly stipubt~d
w be p+id on sucA daY, aoy~hirg ie? s~id promisaory noN w h this Mortpay~ 1o tM tontt~ry notwithstsnd"ugj and tlwr~upa? or thtr~ahK N tM option of
aid MORTGAGEE. w~tlavt notic* a d~mand, wit a~ law w in pviry, tl~e(on a tMr~aha b~w~, mar be prw~wt~d a if all moeNri wcvnd iwr~by
had m~twd priot fo its irotitution. ~
7. Th~t tn th~ ~t that st th~ bpinninp of or at ~n#tirn~ P~d'inp +++Y wit ~pon this AAortpap~. or to fa~dow M, w to reform h, or to ~nforo~
wynwm of .ny claima h..eun~wid INORTG~?GEE ~hatt apply ro N» Cow~ havirp jw~ad~nlo~ therwf fw *M •ppoinanu+t oi ~ R~ulwr. wd~ Court aha~l
forthwith appoint a nuFw? oi mwt9apd prop~rty ~fl and siegvla?, inelud~nq all u~d sinp~lw th~ inoomt profils, ksuw a+d nwnws fran wl~aNwr
tovro~ diriwd. each ~+d tvery of whkl4 N b~inp ~xprtaly vrders~ood. b Mt~by ~twttpaptd p if s~»cific#1~Y Nt forth ~nd d~wib~d in tht 9ruainp and
hab~ndwn davses M?eof, and wch R~oeiv~r ~11 h~w ~I! tlr brod and effectiw (v~~«n aed pow~n in anywis~ «+MqNd by a Cowt to a R~aNva: ~nd
wch ~ppointn~+t aMlt be n++J~ by fvd+ Carrt as ai+ dmitted puity ~nd s,m+tta of ~bsolid~ ripM to wid MORTGAGEE. q~d without ni~renoe to th~
•d~qux~r a inaJ~q~r~cy of th~ r~lw of tM properh mortpap~d w ro ~M'sowency a insolv~ncy of sald MORTGAGOR a the d~f~nd~e?ts, and that wd~
rant~. Pro(its. G~. issws ~nd rwMws shall b~ appli~d by wtfi R~csiver ~coordinp to IM lien at pviry of ~aid !YlORTGAGEE ard th~ p~~dio~ of wcl~
Cowt. ~
a. To duy. P~a*P~b and firly pMiam. doch~ry~, ex~ab, tH~d, oompler.. oomplY wlth ~nd ~bM~ by wch ~nd. ~wry tM sNPulatlora„ ~WMnwnts.
ca~diition~ and eove~ana in said promiasory not~ and thu morp~ys set forth.
9. That in tM svent the owrwrsWp of tiw moNpaped pranaes, or ar?y part thereof. becaMS veit~d b a qnon oti+e~ tMn the MORTGAGOR, t!r
MORTG/1GEE, in successon and wipra, m~y, wirhout notiu ro rM MORTGAOR, d~al with :uch wcc~ssw a sua~swr in imers~f wirh refenna b thi~
mor~~ap~ u~d tM debt F~s?eb~r ~ecu.ed in th~ sarn~ ma~r~er a with Ma+yspw witlwut in any way viti+tFnp or d'acAupinp ~M Mon9+por~ It~Mlitr lwe~
v~d~r a upon th~ d~W he«by s~c~red. No s~b of tM prNni~ her~bY moAy~d and no forbearana on 1tw put of t1~ 11AORTGAGEE dr ks wocsssws
w assig+r and no ~xtensioe of the time for th~ payment of the debt hueby seaxed piw~ by tM MORTGAGEE or its wcanson w+~sipm„ ahdl opaaN
ro raN~se, di~dt~, dwd'ify thanp~ ot ~ff~tt tF~ wipin+l ll~bility of the INORT(iA('sOR hnein. ~itir? in vrhol~ or b part
10. It b spKificaNy pn~d thN tin~ t~ of M+~ essenc~ of tha oontrad sod th~~ no w~iwr of any oblipqion F~~e~d~r a of th~ oblfp~tiw~ af
cwed Mr~by ~haU ~t any time thereaher b~ htld to be a waiver of th~ t~rmt Mrwf a of th~ irutnNneeq sscvr~d F~uby..
11. In addition to the fweQo:ng mon~hh p~yments of princ al and interest rpvired by ths pran'~ssory_eqet slcviad hereby, nqrtyapor epvManq
and aprees to p~y b mort~es wi~h sacfi momhlY p~yrr~1 an «ldrional awn estimated by morp+~ ro be pwl w 1/12 of tM ara~wl ooq oi the fdlow-
ing:
A-All real property axes kried a assessed apainst the abov~ detcribed real tsute.
B-Premiums on ('ar and windstwm inwranc~ aa herein requ'aed to bs curied on tF~e improvaments sitwt~ on the ~bove desuibed pnmi~ea.
C-Prdrawin o~ such mortysy~ yuuanty ir~uranp u: ~norty~yee shill tran f+m~ to twne deRm fA te cmy a+ tl+~~ban seewed l~eby. ~ -
Mortpp~e shall from ~ime to ti~+e rotify mwt9s~or in writinp of tlw amouM d~s u+d pay+bb Mr~w~der ~nd such wm sMtl tMrwpon b~ due ~nd _
WYaWe on th~ due d~t~ of ths next monthlY p~yment and each svccessive month there~her until mortqspe~ shall notify mortyapo~ of • dwr~ in wch
amovnt. S~ch swm sh+li be apptied by matpayee towud tFK payrnant of real prop~rty ta:es, insuranc~ prem:~ms, and aMy inwrano~
P~~-
IN WRNESS WHEREOf, the said MORTGAGOR has he.eu~ro sN his hand and seal the day ~rst ~forwid.
s~~.dl, s.. a~a d.nw..d ~n. a..«K. of Benchmark Constr ion Co y In orated,
a Rlor-ida Cor .
V on . h nesm Pre ~ent
Ju~ 5 o~ PK'TT
~ - . c nson, retary
s4 f fl 0 ANp RECfl~O~o
StATE OF FLORIDA . ~~OiER
Q~TR/~t ~
ttteu ciacu~t ~ov~~'r~~ ~laine Hutch nson,Treasurer
uCpRO Y~(11fIEO ~._„_~t~ ~ -
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STATE OF FLORIDA COUNTY OF ST. LUCIE A,~
1 HEREBY _CERTIFY, That on this ~ day of January 'A. D: `t9'
.7~.:
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before me personall appeared Wernon C_ Rhinesmith a~ _G_A_ Hute~riA~n
Gelaine Hutc~inson s - ~ ; •
r t and Secretary f ~ ~
Be chmaz nstructi n •z ~_a-;'. - ~ .
~ompanv , ~ncorpora~ed , a Flor ida ~re,~ a,a ~ ~
~ - . r~'!!" `J~f~t•
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~ known to be the persons described in and who executed the foregoing instrument a~d severally~adcq~i g-' - ,
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~ cution thereof to be their free ad and deed as such officers for the uses and purposes therein mentioned~;~,~t tfie~?'~
affixed thereto the official seal of said corporation, and the said instrument is the ad and de~d .of~
c r¢K~`tior~T.
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WITNESS my hand and offi 'al seal.at F Pieroe S--~ F?or;~ - said counry a staf~~
This Instrument ~repare~by: _ ,~d, .
Gary F. Bllwood, First Federal ~ , , . : ~
Savings and Loan Assoo.of Ft,~~p r.:. .
~,p T` ota ublic, and for State and Cou p ,f :
uaNaoss11 u~1 q~°!~S i~R~~ isn~ 0 R ~ Commiuion Facpires: ~~Y
~~~,:i~ 0,~. t,,,; l
k:,- y •
. ot ~atu~a ~oac2~ " - - r ~q
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