HomeMy WebLinkAbout0412 TO pl~a ~nd cauMwiously kNp on tFr bvitdinp~ now a FN~NftN WtwN on wtd iwid and on ~II ~quipn»nf ~nd p~non~lly oownd by this nwrl¢
p~, with alt p~miumt t1»rwn pud in ivlb tin iruw+nc~ In tM usual s~aed.rd po~ky fonn, b a~wn ~pp~owd by U» MORTGAGEE, ~rd wind~~a~n
Maw~na In tM uwal pu?slad policy tane in a wm ~PP~owd btl tM MORTWIGEE. M~ wcA oanV+^Y a oanP+~i~ M th~ 1NORTGAGEE may
dka?~ ~nd ~U tk~ a?d wtn~bwan i~aw~nu poliein on ~nr Of Nid bYildie~fr My k1iN~ff tIN?fiil W p1~1 fI1M~R/, b tM app~pN~ wnl ~fah+id at
In ~xau ~Mr~of. ~hap con~w+ ~M wwl staedwd nwrp+~ clauN a wd~ ahM dwN a ~M AAapapN riNY ~~vi+~n,. nNUno Ny Iow undN sai~! poib
da. wd? ~nd .w.y. P+rabN a s.W MORTGAGEE a in iMKSU nwy ~pp~a.. snd ~.d~ ~nd ~wry? a+d~ Pct1~y ~hail b+ pranP?b as:p~»d and d~liwnd a~~
~ny IwW by a;d N~ORTGAGEE iwrhN Mevrity w aid ma~p+y~ d~b6 +~d. ea~ la~ ~n an l10'l dap In ~dvsee~ of tM ~xpk~tia+ oi wd~ polie~?. w d? ;
4w~ ~o ~afd MORTGACEE ~ nn~wal tMrwi. toq~~1~ with ~ nc~ipt ta tM pr«niwn of wd~ r~w~ll ~rd ~h~n ~hall b~ no fin a wlnd~~am kawaea
plaad on ~ny of ~afd lwlWk~pw ~ny b».Nt N~~i a p~rt tlw.w~. unlw M~h~ fam ~nd wNA tM IoN pq~ ~~forpNdi +Rd M IIN ~wM an~r ~ww
d n~oMy baa?+N p~yaWe w~d~r wd~ policy o? policN~ ~aW MORTGAGEE aMll luw ~h~ oplfon ro ~~aiw and ~pplr ~h~ ~ on aaouM ot tM Ind~bt~
Ma s~nx~d Iwnby or w pwmN s+W MORTGAGORS b naiw and uN H a~ny pwt ther~of la otMr qxpaa, witbwrt thNSb~ w~ivl~+y a Irnpak•
~+0 +~Y ~4~?~ty. li«? a.t~ht ur~ a br vi.tw of N+i~ matpp~t ~nd tn th~ ~w~u wid MORTGAGORS ~MII fa ~ny rw~on ~~N ~o kNp tlw wid pn.AhM w
tn~w~d, a fsll a deliw. P~~WM M1l d t~id polfci~s of N»w~ b s~k) MORTOAGE4 ar f~il 0~~^?P~~Y a WY fi?~~1? ~1? W~+niwn thu~fa a In M+y
n~p.ct f.11 a p.rfonn, dsdwq.. uc.w~., •ff~. aompl~N. canpl~r wi~h and ~biiM by tl+i~ oov~n4 or ~ny p.~t Mr~ol. uid MOR1GAt3EE ~nay p1~a and
pa~r for wch MwK~ a a~r ~w1 tMr~of witlaul w~hrlnp w ~ffatin0 +~M? cW1on. ~4u~ty, a?ipht vnJ~ or dy vktw d Mi~ Mat~+p~. a~d tM
full anawq of ~ath and twry wch papn~nt shdl b~ N~wmdi~bly dw ~nd py~bb ~ed ~11 bN~ intN~sl itan th~ daN thawf untU pNd ~t th~ raN d '
ni~w pN oN?~wn p~r arwn~ and wpNMr witl~ wch infensl ~N b~ acw~d by th~ li~n oi thts maqipw
1. To P~rmM. oonwnit a suffw ~o wast~. Mnpakm~nt a dNaior~tion of ~aid propKty a aery? p+rt Ilwnol.
S. To p~y_dl ad slnputM th~ aoaM~. chupa Md i~cludinp a nason~bk ~twnx~r's h~ ~nd aan of ab~nac» o~ Ntl~, incw.~d or p~id a
~ny tirM by uid MOrtTGAGEE, baauw or ie th~ ~wnt of tM failw~ on ~M put d ~M said AAORT~iAGOR w duly. prornptly ~nd ivly pKfany dMClwp4
~x~cvt~. ~tiep. ooenP~~ ~Pb with ~nd abide by ~+di !~d wr~Y tM ~tipulatiora„ ap?~nn, ead~tioro. ~nd eownu+n of s~id proeoinory not~ and thb
1nO~t~~ M~Y O/ flf~Mf. ~ Mid OO~b. C~MroN ~1fd ~ri~fMN~, fK~l MJ ~MOf~t. i~Mu ~~I~M11N~i~t~y dW NM~ ~y~~i 1M~INhM OI f101 I~Mff ~ nOtiO~ d! •
m+nd. .mmpt to adMa or wtt P~~di++o: ~nd rM full anaum of ~ad~ and ewry wci+ payn~t ~hall b~a. inr~at fran tM da» tM.~of untp p~k! at th~
rat~ o(. n~ pe? oemwn per annumj ~nd ati saW ewts, cMrpet ud exp~na~s iirturnd a piid, ropNlwr with wch intw~. ~1! b~ wcund b~r tM lia~ of thi~
matp+~. , .
b. TMt W tn tM w~nt of any br~ach of thi~ Mortqap~ or d~fwU on du p+rt of ti~ N10kTG/1GOR. a(b) in th~ a~v«+1 ~n~? of taid anm of mo~er
hKNn niN~~d w b~ na Wa?~P~~Y +^d ~Y W~d wi~hln thirty p0) days n~xt ~ftK ~ wvKatl~r b~cam dw u~d p~yabM. without d~nd a n~ic~.
w(V tn tl+~ wMt ~ach ~nd ewry ~h~ stipul~tiaa. ap~Mmenn. caditiom and cown~en of said promissory not~ ~nd Nds nwrtpp~ a~ryr a~i~Mr an no1
iuly promptl~r and fvll~r perfo~rmd, discfwrpad, txttwd, ~ffett~d ownptNed, tompli~d with and ab'~dsd by, tMn in «tiwr a ~ny sucl~ ~wnt tM said p~
W~t~ swn m~ntb~Nd in u1d p~amiswry eoN tMn w~paid. with ima~t ~cvwd. ~nd all moMys wcur~d Mr~by. sMll b~ca~N dw ud WY~
+b4 iorthwitl~, a tMr~ahM. ~t ~h~ option of saW f TGAGEE, as fvlly ~nd cnmplN~yr s~ ff dl ot the said suna of ~nornr vwn a"g'u~ally atipulated
ro b~ paid on such day. anythinp in said p.omtuory eot~ a tn N?is Morqay to th~ conr.ary nwwitbundinpr and tha~upon a thK~ahu ar tM op~ion of
said MORTWIGEE. withovt notia a J~n~nd, wit at law w. in puiry. tF~erdon a tlwahu bsyun, mar be prw~cvtrd u if aN monhr~ ~ax~d Iwr~by
h+d matwed pqr to ib kqlitvtiOn. - .
7. Th~t N tM wMf tMf N th~ bpiminp of or at ~y t1m~ pMdirg any wit upon thh or b fonclw~ h, or b r~form It, a to ~nforq
P~Y~w d~ny daims hawnde~. s~id MORTGAGfE sFwlt apply to tM Court h~vinp ~ad~ion.tMr fa th~ ~pPOintn~n d a R~ui+rK. wd~ Cowl shall
forthwtM sppoint s nceiv~r of aaW nwrtyap~d propKty ~tl ~nd skqvtar. ind~d~np ill and wgular tl+~ inoon», pofits, i~ws and rwMw~s fian what~ver
saxa d~riwd wch and ~wry d whkh. N b~inp acp?ealp w~daatood, is I~ereby mortysgad as if ~cifiufly kt ford~ ~nd dMV~d in the 9.antieq and
lub~ndun+ ctau~s Iweof. and wch R~oelve~ sh~ll haw aIl t!w broad and eff~ctiw fvnctions and pow~n in anywiss Kanisted bti a Cowf to a R~uiwr, u~d .
wd~ appointmem sha11 b~ md~ b~r wch Gouri_ u ~n admined puNt? u~d s m~nt~ of absolu» ripM ro s+id NIORTGAGE4 +nd withoul nfKana w Mr
~acp a inad~qvacy of th~ v~lw oi th~ propwtr matpsp~d or to th~ so~wncy or i~notvency of ~aid MORTGAGOR a tM d~f~ndant~„ and that wd~.
renta, ptofits, incan~, h~ws ~nd ~~vKwes shdl b~ appli~d by tuch ReteivN suwdirp ro th~ lit~ a~quity oi said MORTGJIGEE ~nd tM
Cowt. Paaia d wch
. .
8. To duly. promptly ~ad fi?Ily p~rfwen, diuhu~e, ~:stut~. ~ff~et, a~+nplet~. oomply with ~ed ~bkM by ~ach and ~wry tM stlpulatloes, apn~np~M,
con~itioro ~nd oovenants in ssid promitwry nob ad thu matyap~ set fortl~. -
9. That in tIK tvsn~ the ownKShip of th~ morty~ped pr~mi~es, w sny p~t Nweof, b~com~s wat~d in ~ p~qon otha than th~ MORTGAGOR, tly
MORTGAGEE, Hs weasfo.s ~nd awipns, m~y, withoul notiu to th~ MORTGAOR, daal with wch s~xcesso~ a wocessor in intaest with r~fere~p b tl~is
morq~ a~d N+~ d~W 1»reby secur~d in the wM msm~r as wiih AAortQapor wittww in ~ny way vNiatinp w dischupinp tir Mwrpa~ors' U~WIHy ItN?
undK w. ~pan th~ d~W Aenbq ~ecwed. No ak of tM premaes he~eby mo.papsd and oo fabwanoe an the pat oi tM MORiGAGEE a i1s suoassws
w aas'g+?s and no exNnsan of the tirrw fw fM p~ym~nt of tM d~b1, I~ertby setwed ylwn bp the JNORTGAGEE w ib wwstort ot ~i~m„ a1wW op~r~t~
~o nleaw, .d»d~, nwdify dwnp~ or ~ff~ct tM oripinat Itability of the MpRTGAGOR Mrein, siNwr b whoM a M paA. ~
10. H b spec~fiuly. pre~ eMt tim~ b oi fh~ eaencs of fhis ewrn~ and tfiat•no waiv~r d~ny obliparan I+awnder a d t!r oblipatioo ~
curd Iwr.by sha11 n.mr ~he~. Maeaha. b. hsld ro bs ~ waiv.r d th. ~ms Mr.of w d M. irotrwMm s~iw.d l+erb~i.
11. In ~dd~tion to th~ fwa9o:rg monthlY payments of princ'pal a+d .interest reqvir~d by th~ promiaso~y not~ aetwed Mnby. mprtpapor eqwn~nts
and a~rap b psr b morlpagee witA e~th rt~onthly p~YmeM ~n ~ddiHoM! swh esfirtytld by mo~tga~e te be puat ~0 1/12 of the an~wal cost of the folbw-
i+g: _
A-All ce~l prop~rry tsxes levied a assesscd ap~iflst the above described real estat~.
6-Premiums on flr~ ~nd windstorm irouraeu a~ herein requ:red to be canied on tM ~mprovem~nb situat~ on tM above daoribed premiws.
C--Premiwns on wch mort4+ge Cwrant~r irow~nu as morega9e~ ahsll iran time to tirne daen+ fif ro carry an tM ban tecurad hae~r.
Allortpapce shall from tim~ to time ratify mortyapor In w?it;np of tM ~raunt due and p~y~blt her~w~der aid wch wn~ shdl therevpon b~ ~~nd
paYsbM on tl~ du~ dste of th~ next monthlY paYmem a~d each sucoessive month therafter until monpspe~ s1?~11 notify mort~sya of a c.4rnp~ 6~ wd~
; emount. Su~l~ sums ~hall b~ ~pplied by mortyapee toward ths paym~nt of r~al property tax~s, inswanos pran:w~n, and morfya~ puaraMy irNU~~np
W a~niurtq.
i IN WRNE55 WHEREOf, tFe said MORTGA R h~s hereumo s~t his hand and seal t}K d~y ~nd year finf aforpaid.
~ s.,kd .nd d.~~wr~a in e,. a ~~~or~~a Cons ~lonn C y I POrated,
F
~ - JAx 5 -
~ nt
~ _ ' mEO ~NO aecoao~o
354195 =t•~ 'E couNTr.FU. B t ~ n cr
~ ST/1TE OF FLORIDA ~ ~~EP ~TR1~5 Y
! , t~ERK CtNCU1t COU~t ~
Q~ N~_~ ~~~qROVERlf1[0 a ne Hutch son,Treasurer.
?
STATE OF FLORIDA COUNTY OF ST. UJCIE
I HEREBY CERTIFY, That on this day of Januarv ~Y ~~;~`;`..~g'~` -
bef~ras personal y a red , - and_ G. B. Hutchi~6o',~,~~~,'•r'•:.
Ge ~ne Hutc~i~On . ~ • _ - 1 s
respectively its President and i tc Secretary a*+~ i ts Tr~aau
~~s '~~ti
' Incorporated . - , ~ .
~ : i~.±~ . ' r
Benchmarlc? Construction Company A Florida Cor bn, to
• ~ =
~ known to be the persons described in and who executed the foregoing instrument and severolly adct~g~! the'
~ ' '
~ cution thereof to be their free act and deed as such officers for the uses and purposes therein'~i~tip~~d;.~ ' ~ie~?_
,
~ affixed therero the official seal of said oorporation, and the said instrument is the ad and ds~ o~`-
~ . , :
I~ ,~~J.N1 ~
~ WITNESS my hand and official seal at Fort Pieree , said county and st~te:t --~•%'-'•k:v''':
~ }r '~,,,}~,~i~T,n~:,~,~ ~ ' ;
?his Instrument Prepared by Gar3? F. ~ ~ : ` ~
Bllwood First Federal ~,vings d . ~ x - ~ ' ~
I,oan As~s~c,;~~ion of Ft.Pierce, ~~a.'~ Nota ublic, and for State end CouAfy_<a~o~i,t, , i~,
~CE~RIRII IU q y mission Expires: s'+f~c "
F~tF.a~~s.,~ a ~ ~ ~ 2~ ~ • ' - ~
of Fort Piute, florid~ ~QK ~ P11CE a~~~,d ~^~r?~:~~ ,_~~r i~~
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