HomeMy WebLinkAbout0415 t0 ~K1 Mk~ COt1fLN10Y~ kNP 0/1 fM t1u11dif~~ f10W W MfHTIM YhNN Ofl Nld (M1d ~fld Ofl ~II ~QVIPIINAI Yld qff0lf~llr COY~f~ ~ Ilfi~ IIIpf1~
p~, with aU p~~miwm ~t~wn p+~d in fulb fin teuw~nu in ~M wwl ~~~~d policy forni. ie • wia ~pprowd by tM MORtGAGEE. ~nd w~n4tonn ;
imw~na in th~ vsu~f aandud poi~cy iwm, M a sum app~owd by rM MOR)W?Gf~. 1n wch oompany a oo~npaniM N N» MORTGI?GEE rn+~
ap
dinc?t ~nd all fk~ ~nd wNdaarn~ ~w~na pottcl~s ae any of ~aid bdW~. any int~~at ~hKNn a part Ma~ol. b Ny +pp~p~t~ w~ ~fora~d a ?
M~~ ~h~rwf. ~hall ca?tah d+~ uauai p~~d ma~ppN cRwtN a wd~ wMr dws~ a tM MaNI+~ ~^+Y ~M~Y th~ undn wid polb ;
e+n. ..ch ~+d wKy. wrabN a,.W MORtGAGEE a~a teuerat ~rnar ~PP~, and ~+d? ~nd ~w.r wd~ vo1~'c~? ~tw11 b~ p.anp~ti M~ ~nd dNi»~~d ro ~
.ny MId by a~d MORTGNGEE .s tu.d~ s.cwity a ~.ki mo.?pp. d.W. and. na 1.~ d+.n hn (101 d~y~ b+ .dvana d tM ~xptraion ~.d~ potic~r. b d? ~
I+wr te ytd MORTG/?GEE a n~ew~1 tlKnof. ~op~~hor wAh a rwipt fa iM pMniu~n of wd~ •.~.w.4 .~a ~Mn ~.n a r+o fir. a waaua~ Mwwanc~
plaad on ~n~l of wid IwiWinp~„ ~ny IMa~p N+a~in a pNt tMho~. unMu in t1N loan and with tlM las P~r~bN N dae~~ ~nd In 11y ~wM Nw ~
oi maMy bewn~ Wy+W~ wwMr wch poiicy or pol~ciu aaid MORiGAt3Ef sh~G h~w t!w opt~on ro ncriw and pply Nw wrw on ~owura d tM k~d~bnd~ ~
neu s~cwed.tra~ a ro p~re~i~ ytd MOitTW1GOR5 ro?~aeiv~ ~nd w~ N or ~ny part HKr.of 1« aiw. purposN. witbpul the.~b~ wahrl~+q a imp.ia 1
~+~1t ~fi?. INn a ~ipM undn a b~r vktw of thb nqrt~t ~nd h tl» ~wnt wW NWRTGAGORS ~U ta an~r n+wn btl te k«p ~M s+W pNw1~ so i r
~+~w+d. a~.q ~o d.1~w aa~nWw u+Y of wW pdkr.s of in.ur.na a NW MORtOAGEE, a fs~1 w~Mhr ~ ar hr11y ~nr w«+++ww ~h..da a M.ny ~
nsp.a i.fl a P~.iorn~, d+uiwp~, wa,a, •N~d. oompM»• oon~Ph? wi~h ~nd abid. by ~Ids cor.n.nt. a.ny pwt I+K~o(. uid MORTGAGEE may pi~a ~nd
pay fa wd~ kww.no~ w sny pu~ ti+K~of wiH~oW w+hi~g p+1fKHn0 Mjr aP?to~. U~n. pu1h. a?iphf urd~. a by virtw~ of ehb Men~. and ~M :
full .~noun~ oI ..d? .M! w«y wd+ p.rm.M ~I+.p b~ M+rn.~akH dw aed p.r•W. .nd sMN e..r inhna hom d~. dsb Nweof uroN p.d N N~. na ol
r?iM pr~anh~m p~ ~~n and ~op~~M+ wi~h wd+ tntera~ shdl b~ s~ew~d by 1M Ihn of N~ malpp~, -
1. to pami~. oonrnit a wif~r no wad~, impai~n~t a d~tKia~tion ot satd P~W~~Y ~ MY W+~
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S. To pay all ~nd µqvbr the eoab, eh~ryN and ~xp~ew~t, ineludiep a r~a~orwbl~ ~y'~ fN ane! swn of abs»ad~ of titM~. M~ain~d a p~W a `
~ny tM~ by s~M MORiGAGEE. b~c~uN ar in tM ~v~M of tM f~th~t~ on th~ P+rt of tM uid AAOR?OAGOR to duh?. P~~P~h? ~nd 1v~~1? P~a~R dychupq
~x~cw~, eff~d. oanPl~b, eon+ply witA ~nd ~bid~ by ~ and w~ry tM stipulN~o~n. ap~~wn~n». co~wNtio~a„ ~nd aoNMnM o~ sN~ paniswry noN aed t6M
^ar~Qq~ anY or ~ithK. ~nd s~ld oost~, ~Mr~ a~d ~xp~«„ Nch ~nd w~.y. ~11 b~ bnn?ediah~p dw +nd WY+bl~t wMthN a no1 tMn b~ noti4i dt ~
mand, ~tNi~t to odMcf a wit Mr~~ ~nd tM ivl) anouM of ~ and ~wry such paynant sh~N bw fm~es~ hon~ th~ daN tlwwf uMll pW ~t 1M aa. •
ratt ot niry pK oeMum p~r aiuwny and ~li s~id oo~ts, cFurpta ~nd t~cp~n~es )ncwr~d or paid, topNMt with ~uth iM~rpf, ~11 M aarnd bp tF» li~n of thi~
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b. 7Mt (a) tn NN ww+t of any br~ach of thb Mort~ap~ a d~fault on the part of th~ AAORTGAGOR, or (b3 in 1M w~?t «+y of s~id wau ot momy
h.r.tn nf«rd ro b. na po~~h •~d rvxy p.rd wi~h~n Nw~r (30) days n.xe •ha ~h. wn. s~w..uy b.eaM dw and ay+w~,, wuhow d.~mod w naior,
o? It~ h th~ ~wet weA ~nd waY tM tNpubtion~, +Onain~n?s. eondiTiooa and eov~Nn» of w+d prani~wry noa and tha eno?q~p~ M?p a'~htwr an nol
iuh?, p~omptly and h,~N w~form.dl. dachuyad .z.an.d .ffectsd, ooiey~bMd. ~~.d witii .r~! sb~d.d ry. Hwn tn «tMr a am wd~ .v.ra tl» stid .P
Qrep+ts svm rn~ntioned tn s+7d pranissory nor~ then r«naininp unP+~d. wMh irorat awwd. ~nd aq nwn~ys Ncured Mr~. sh~tl-b~oom~ dw and WY~
abb tathwith, a ih~rsafta. at tIM optioa of uid MORiGAGEE, a fuly and wn~pbt~ly u if all of H» s~id wn~ of moewy w~n aipiMtly uiput~t~d
ro 1» p~id an sueh day, anyt!?inp in said promitso?y eaM a in thb AAortQaQ~ ro th~ tontr~ry nWwitlntaidinys ~nd tlwr~upon w Ma~aff~ N tM
said MORTGA(~EE. wi~houl notiu « d~m~nd, wit d law or in pvity. dMrdon w tMr~ah~i bpun, nwr b~ prw~cw~d a if aU nwmy~ Maind
Mnby
h.d mawnd pno. ro ~n ins~nv~an.
7. Tl+ae u+ th. wa?t M?N N N~ b.yinni~g ot o. +nr ~ w~w +~r .+?it upa+ t?,b Mortpap., w w fonela. B, or a nfonn o. w«~io.a
Wymsm W.any clairrn Mreunder. s~1d N10RTGACiEE shdl ~PP~Y to the Cowl h~vinp jwiadictan thtnof fa tl~ ~ppWn1~M of ~ R~aiwr, wd~ CouA sh~N
FoHi~wNh appoint a reulwr of ~aid matp~p~ prop~rty all w+d sL~pvla. indudrp ~tt a~d sinputar 1M M~oonM. prof'~». Nw~s p~d ~evt~~ f~on? what~+?M
• .ourc. d.+iwd. .~+ch .na .v..p of whKh, N b~lnp ~xw.s+h w+d.nrood. is ~,.r.b~, ma.t~.p.a. a if -,pa;r~c.~ly ..t te.th sna d.wrb.d tn th. 9.anr+np «+a
h+bMdwn daus~s hnwf~ ad wd~ R~aivN ~II haw ~N th~ broad and ~ffsaiw ~wKtions and `P~~ ~ MYwM~ ~wrwt~d br.a Cowt ~o a R~aiwr. and
wch appohtnret ~Mtt b~ made by wd~ Caxt a~n sdmitted ~ity and a ~natt~r of ~bsduh ripht w wW MORTGAt3EE, ~nd witlw~» nt~ to th~
+d~q~wtY a hwd~qu+cy of th~ v~lu~ of ~h~ Prop~b ma+p+p~d a-to th~ sonnr+cp or insolwncy of ~aid MORTGAGdt ar 1M detMdanf~. ~r~d dwt wd~
r~f• profib, Mioonw. faws ~nd nve~ws shdl b~ appK~d br such R~ai+rN accordinp to tli~ lim+ a qulty of aid MORTWIGEE and th~ p~cttw of wd~
8. To dvty. W~M~Y +~d ~hl Pufoem. d~d+uQe. ex~out~. ~ffecl. compl~t~. aomply with ud abid~ by t~ ~nd w~ry th~ sttpvlation~,.pn~rn~nt~„
conditip~n ~nd eovenan» in said praenluay no» and tha morepp~ stt fatk. - .
9. That in tM w~M Nr ovvne.ship d th~ mortgay~d premise~. or ~ny put ths~eoi. becanes vtsttd in a puson oflr? tlw~, the MORTGAGOR, th~
MORiGAGEE, Iy succ~ssors ~r~d auipra, ~yy, witFiow no~ice to tM NWItTGAOR. deal wifh surh axcessor or wcc~ssor in int~r~q wifh nfueno~ b d~is
mor~y~ps and t!r debl herebY sec~ed in tM sam~ nwrr~er a with Mortss~w without ln a~r w~y viti~Gnp a dxharpinp tlw Morqpo~rs' IiibiGry M~r
undu a upon tM debt her*by ~eaasd.. No wle,of the prerneses lxreby nw.tp~p~d and no f«bw~~a on the pMt of th~ MWtiGAGEE w Ns woo~sso~s
or aui9ns ~nd no exhraion of tl+~ fime 1or tM paynKnt of the d~be henbp secv.ed piwn by tM MORTGAGEE or iy woo~sson a a~sipm„ sh~ll op~rat~
ro r.Na~. d'acMrpq a~odify cFw~q~ w aff~q 1M wip+nat bat~litX of Me MORiG/1GWt MrM. ~id~er iq whoN a In p~rt.
10. It b spst+ficslly asrt~d ~ tMt tioK i~ of th~ ~swnoe of th+s t~orM~act atd that no w~i+rK of anY obtip~tiqn husunda or of IIw oWi~tbn t~-
cwed Mnb~r sh~lt ~t ~np Nmi~ther~aflr brMld fo b~ ~ walwr of t!» lernr henof a of th~ irotruewnt s~cw~d hab~r.
11. In ~ddition b the fw~9o~ ~~Y D+Y~s of p.iec~pal ~nd.imerist requirsd bll dk praniswry not~ a~cV?d hKeby, mort~apor eownanb
~nd ayreas ro p+y a.mort~aQs~ wi~h ~~ch moathtY WY~ an add~~ional wm es~im~bd bY mwtyaya~ a b pwl b 1/12 of tF~ annw) ~ost. of tIw foliow-
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A-All ral p~operfy taxes kv:ed w ass~ssed a~ainst the ~bove described resl aat~.
B-Praniums en 8?~ and wudstor~ twyrancs as haein reipi'ued b~ a?ried °oe~ the i~+prown~ts situste on tM ~bove d~suibid pramisss.
C-Vnmiuna on wd+ mort9+N 9~~Y ~anoe ~s mort~age~ sMll frorn fime ro firat dean !h b carry on /M loao ~epKa! Mr~tty.
Mo.tga~s ah+IJ f.om time ro t;ms nwity mwtp~or writ~rg d rM .~mounr due and Wrable MnundK and such wm ;h~U thu~upoa be dw and
P+Y~bI~ on th~ dw date of tM oext mon~hly paym~nt and ~ach s~ocess7v~ nanth ti~sreaher untH ?awpspae slull ~otily~ mortp~pw of i~lwg~ tn wd+
amouM. Sucf~ swm shall bt ~pplied by mortys~~e toward th~ payment of r~al p~ope~ry taxes, iruwanp premiums rnd nwnp~ puxant~r i~s~xa~
Pa~miwns- -
IN WRNESS V1IHfREOF, the s~id AbORTGAGOR h~s hereunto set lus hand and seat ths d~y and year fiwt afor~said.
s~"'d s~a "'d a~i"«'d'"'M °F Benchmark Co truction x I rate
a Florida
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J~h ~ 5 !2 e~ PN'11 '
STATE OF flOR10A /ry~EO ANO FECORO=-D ~ p
~ ~c.t... ~ ~ I~O~~ER
P`3tTRRS
CO11''TM_°F ~Q~-=f=.~ laine Hutchfns~~ ~urer ~
s ~ CLERK C~kCU~T Cauar
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~35~19s - ,~y , ~ ;
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i STAI'E OF FlORIDA COUNIY OF ST. LIJCIE ,~v ' '
; ; - - ~ ~ ~ ! f.
; 1 HEREBY CERTIFY, That on this da~y of Januaxy 3 i~.~ =~q ~
~ b~; Vernon C. Rhinesmith G. B. Hutchi~sat! ~ ~ ' ' • •
- .
E Ge°~a`~n~r~u~Fc~~son and ' - - •
~ respettively ~ts President and its Secretary and its Tre~~y~Ye~`i~~
Incor orate . } rY'. ' ~
genchmark C
onstruct ion Company P ~ L • =~-;t -
. ~ ~lo ri ~ ,
known to be the persons described in and who executed the foregoing instrument and severally adc ~
, ~'~',~t~' ~
cution thereof to be their free act and deed as such officers for the uses snd purposes therein mentioned;~ ~ ~
affixed thereto the official sea! of said corporation, and the said instrument is the act and deed ot~ '~"eor~-'
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WITNESS m hand and official s~al at Forf PierceSt . Lucie Florida - t• ~
Y ~ , said county and state. { , .
Thi ins~rum nt Pre$are~' ~i • Gary ~ ~ ~ . ;
F.S~lwoo , F~rst- Fe era vings and ~ ~~~Y ~
Loan Ass~~n _ Qf P'ort Pieece , Fla: ~tary P tic, in for State and County~i~s#i~~• t=~~€
fi1~f f~f~) $~V~S ~C ~Oi11 Aii0d~011 My Commission Expires: ?~bp4 Sea~i- ~i ~o~'d° ~t ~to~~•r ~ `
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iiFMtliwC~, floridt ~`~,'J
~d.d br /1ms~ican H.+,;~'~~~a~1''~~,~'t,~•~`~
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