HomeMy WebLinkAbout0911 To pl~a u~d conttevoinly kNp on tM butid~npt now w M~~~ftN ~fw+N on taid I~nd and on all pvipm~nt Md pKSOn+lly covN~d b1r thi~ narq~
p~, with dl premluna ~h~rw~ paid in full, Hr~ in~v~anu in ~M wwl ~r~idard polky ian~, Y+ ~~~pWowd bY tM MORiGAGEE, ~nd wind~wrm
tn~wano~ M~M v~wl p~nda.d pol~cy fa~n. M a su~ ~pp~vwd by tM MORTGAGEE, M wcA campaeY o~ comp+nl~s N ~h~ MORTGAGEE nwy
dk~ty ~nd all fit~ and wind~~am Maur~nc~ polkiy on w~y o1 Nld buitdinps. ~ny inNn~l IMr~in a pa1 tlrrwt. M fi» apprp~t~ ~wn ~for~wW or
• In ~scw~ tM~wf, ~MII contafn tFw usu+l uandard map+pM clau~ a such a1+M dau~ 11w Mo.ppN m~Y reVvin. nNkMp H» Iws w~da s~id pdE
dw ~+cA and ~wry. WYabl~ w aid MOR1(;/1<3EE as ia fnta~s~ m~y app~w. a~d .ach «+d .w~r s~ Pa+er ~i a~~b a•s:9~.d .~+d d.ur...d a
~ny MW br s~id MORTGAGEE as (wthN s~cvrity w said morq~ deM. and. not la~ tMn Ne (10) dap in adv~na oi tl» ~np4~Hon ol ~ath polkl?. w dr
liv~? 1o wid 1Y10RTGAGEE • ~~wal rM~wf. lopetMr wiih ~ naipt fo+ Ifi~ pr~mfwn o1 wch ~Mwwd~ ~nd tMn sh+ll b~ oo fin a winds+o~m in~wana
. plaad on ~ny of wid bviWinp~. ~ny inNrMt Hw.~in o~ put Uwrwi. un1~u in tM tonn and with th~ loss paYabb u~ta~said~ ~nd M tlw ~wM antr ~wn
of moMy b~coma payabt~ wwMr wch policy a policiK uid MORTGAGEE sFutl Mw ~M op~ion w naiv~ u+d apply rhs ~artw on ~aow~~ of th~ k~d~~t~
~~wa s~eund I+er~by a a p..n~H aW 1wORTGwGORS a ne.~w a~d u~ h w.ny pa?~ ther.of fa orher pu~pwe:. wtMout ~hs.cb~ ~ai~i~ w m+patr-
Inp anr puity. li~n a rtpht a by v4tw oi tha matqp~j ~nd in tM ~wat uid MORTGAGORS ~lwll fa a+y nasoo fail ro kNp ~h~ wid pa~ises a
kau~.d, « f.q a d.1+wr p~aMWly .ny of a~d polics.. of ;~wrant~ b uid MORTGJIGEE. a bil pomplly to pay fvlly «+y pr«nium thtr~fw « ~n anr
n~pM f~il b pN~orRb discMry~. ~a~wf~. ~tf~ct. co~npl~r~ oomply w8h and ~bid~ by thu oowoant. a u~y pu~ Mrw~. s~id MORTW?GfE m+y plau +nd
WY ta such brww+o~ w any put t1+Kwf wi~hout w~ivfnp a~ff~dinp +eY oplion. ti~n,, puity. a r'ght ur~ or by virtw of thii Mat9+po. a~d th~
full arnouot of weh aod wKy weh p~ym~eu sMll b~ innwdi~bly dw and pyabb ~nd sh+ll b~u intKa~ from tM da» thKwf w+til pafd at ttN rat~ ol
n+n~ pa pntwn pa aKwm and toyeihw with svth intKest ihalf b~ New~d by tl» li~n ol tha enaqap~.
1. To pKn~it, aomntt a wffsr no wub. impakmu?t or dNKiaation of said propKty a any prt 1M~wf.
S. To p~y ~11 ~nd slnpvlar tM ooab, charpM and expN+w~, ~ncludinp a nason~ble ~naMy'a fN snd oosn of absn~cls of titl+, tncwred w p+id at
•ny tin+. by said NWRTGAGEE, beu~a. o. h rM .v.m oi iM i•~Iw• on tM an of ~h. satd MORTGAGOR w d,1y, Ma^Wh? and futly p.r(onn. d~scM.g.~
~xecvt~. ~ffsct. eompl~?~. oomptY w~th and ~bid~ by ~adi ~+d ~wry tM ittpub~~aw +Dreemems. caid'~t1om. N+d aownann oi said promiswry nob ~nd rhi~
n+«tyap~ uiy or ~i~he~. snd s+~d ooan. dwrpe~ u~d ~xpara~s, each and ~wry, sMll b~ in+n»J+a~~ly due and pay~blet vrherl+e. a raf iM.~ bs eatia d?
m~nd, attempt to colbct or wit p~ndN+ps ~nd tlr full amount of ~ad~ ~nd ~Y wcb p+rm~m sh+ll b~ar intOtHt 1~On1 thf ~If t1NrlOf until p~W ~t th~
rate of nin~ per cent~m per auium; ~nd aN ~aid coin, cAarya ~nd expenas i~cwred w piid, topatM~ wiM wch intK~s1, aMll b~ ~eai~td by tl» li~n of tha
nart9+p~-
b. th~t W in tf» ~wM oi a~y bnach of this Morpap~ o~ d~fwlt on tlr paA of the MORTGAGOR, ar (b) tn tM ~wM any of s~id wms of nw~»y
hwein ref~rr~d ro b~ no1 pranptty ~ed fuly paid within tFprty I30) days ~ex~ aher Ihe ~arn~ sewrally becorM dw and payable. vri~hou~ dsmsnd or noticR,
w(~ in tla awnt each and ~wry ~h~ stip~la~ions, apr~ertKr?q. conditions u~d coven~nts of a~~d promissory note and th~s mwlpap~ any w ~itMr ue no1
iuly. prwnptlY and Ivlly pKformed, dixhu9ed, ezecutad, dfected, comp{~ted. complied w~th u+d abided `iy. thsn in e~ther w any wch ~wnt tl» said a¢
~pah svm m~ntior?~d in s+id promiswry rat~ thsn rsmsininp unp~id, with Inter~st awwd, s~+d all moneys secvred l~eby. aMll bacornt dw .and pay~
•bl~ forthwith, a tA~reaher, a~ 1M option of said MORTGAGEE, as fvlly and canpkt~ly u i( ~11 of ths s~id wms of maMy vwr~ wqieally at~pulared
ro bs pa~d on wd+ day. anythirp in said p~om~sswy e~ote a in thh Mwt9aye ro th~ contrary notwithstandinp; ~nd therwpon a ther~after ~t ~h~ optan of
s+Id MORTGAGEE, without eotic~ a demsnd, wit at law or in ~quity, thei~fo.e or tMreaha bepww, m+y be p~ocecutad ~s if all eaneys s~wred hsnby
h~d matwld pnor ro ib iestitution. ~
7. iMt tn tM went that at fl,~ begi~w+inp of or st ~ny tim~ p~ndinp sny wit upon tf~is Morty~g~. or ro ioreclos~ it, or to mionn it. a to ~nforo~-
p+yenen~ of aey daims M.evnder. wW MORTGAGEE sh.ll ~pply to tM Coun h~vin9 jwisd~n~on ~hereof fa the appoinm+ent of a Rsceiver, wch Coun ~MII
Forthwith ~ppoiM a nceiw~ of ~aid mort~a9sd propertY all and sinp~lar. includ~~+y atl and si~gular th~ incom~, profin. issws and rovenves from wMt~wr
~owp darived, t~d~ ~nd ~very of whicl~, it beinp ~xpressly w+deritood, is hereby mwtqaged ~s if ipsciiicslfy set fwth ~nd described In th~ pr~ntinp and
hab~mlum dausn hereof. and wch Reoeive~ shsll haw all the broad and effective fwrct~o~u aed powe~s in anywise entnnted by a Cour1 to a Reoeivss. and
wd~ appointrnent shall be nyde by wch Covrt as ~n admifted p~ity ai+d s matter of absolu~e r~ybt ro said MORTGAGEE. a~d wirhow nferenc~ w Nw
~d~quaty or irwd~quaty of the vdw of the popary morty~~sd w w the wtvancy w~r?wlvency o1 said MORTGAGOR or the defendana. ~nd that wch
r~nts, profin, incoe~e, iaws ~nd ~~wnwa shall be ~pplied by such Receiver accwdu?p to th~ If~n a puiry of Nid MORTGAGEE and th~ practiu of such
Cant.
8. To dv:y. pranptly aod tvlly pufwm, dacharpe, execute, effect, complets, ton~lY with ~nd abid~ by each and wery tM sY~pulatiorts, a~~e~er~eNS,
cond'eioro and covsnu?n in aid promiss«y nw~ uw! ~his morry~e ser forrh.
9. TMt in the e+rent tfis ownenhip of ths mwt9aped premiaes. p any p~rt thereof, beoomd vesled In a penon othe? fMn the MORTGAGOR, tl»
MORTGAGfE, iri successors snd wigro, may, withovt norice to tM MORTGAOR, deal with such successor a suaassor in interqt with reiaence ro this
mwtpapt and the debl hereby secvred in the same manner u with Mwtgpa w~thout in ~~y way vitiatirg a d~scharp'ug th~ Mortpapon' li~biliry Mrr
~nder or upon tM debt hereby secured. No sal~ oi the Fremises hereby mortyaged and no fprbearurc~ on th~ pan of tM MORTGAGEE or its waessors
or ~uigns a~d no ex~ension of the time fw ihe p~yment oi the debt hereby sscured given by the N10RTGAGEE w in aucaesson o` asaipns, ahall opvat~
to r~kas~, dischary~, modifp chaope a~ffeet the. aiqitil li~bility of the MORTGAC~OR h~teN~, ~ithM in whol~ or In psrt.
10. It b specificall~r igned th~t time is of the essenc~ of this wotr~d and that no w~iver d~ny oblip~tion haeunder or of th~ oblg~tion s~-
cwed her~by sh+ll at any time thercafta~ b~ hetd to be ~ waiver of the te~ms hereo( a of thc instrumenl wcwed h~rby.
11. In add~tion to the fwe9o:ng monthly payments of princ'pal and inrerest required by the pranissory ~ote secured herebY. mo.t9sgor oow^+nb
and syrees w pay ro monyagee with each ma+ihly psyment ~n add'uioeul swn atimated by mwtgsyee to bs eqwl to 1/12 of the a~nual cost of the follow-
ing: ,
i A-AU real property taxes kvied or assessed against the above described real estate.
~ B-Vremiums on fire and ~rindstorm ir?wrance as herein requ:red to be carried oe the improvemcnts sitwte on the ebove dtwibed prenines.
C-Premiums on such mwt9aye puuanty insurance as mortgspee ,siuti from r'~me to time deem iit to cury on the ioan secured hereby.
Mwtya9ee sh:ll f.om time to time notify nw.egagw in writiny of the amoum due and payable he?eunder and such wm ihall thereupon be due and
paYable on ths d~re date of ~he next monthty psymem and each successive ma+tb thereaher urs~il mort~~pee shsll notifp ~nortpagw of a cha~ in s~xh
amount. Such sums shall te +pptied by mortgagee toward the payment of real property taxa, insvrance prpni~ms, a~ mortpsp~ pwraMy' ieepaanoe
premivms. ` ~
IN WRNESS WHEREOF, the sa+d MORTGAGOR has her~nto set his hsnd and ual the day a~d year f' t afores~id. ~ •
Siyned Sealed ~nd ddiwred in the preunce of: V ~I~1$T . f~~.
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STATE OF FLORIDA COUNTY OF ST. LUCIE
` 1 HHtEBY CERTIFY, That on this a day of Feb=~zy , A. D. 19_2Z_,
before me personally appeared Victoz Geor9ef! e~ Virginfa Georgeff
respettively President and Seuetary , of
Victozy Construction, Inc. ~ a Florida Corporation, to me
known to be the persons described in and who executed the foregoing instrurrsent and severally adcnowledged the exe-
cution thereof to be their free act and deed as such officers for ihe uses and purposes therein mentioned; and that they
affixed thereto the official seal of said oorporation, and the said instrument is the ad and deed of said corporation.
WITNESS my hand and official seal at Fort Pierce , said oounty and state.
This instrua~nt prepazed bys '
J. Nal Roberts, Jz.
Rirst F~deral Savfngs snd Loan Notary Public, in a or tate and County aforesaid: _
Assacistfon ot Rort Pierce, Rlorida My Commission Expiras~ry ~y~ •
Mp c..r..~sias Expr:~. R2; ~yn ~
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Chedced BY ~ ' ER PO~tRAS = :i - . :
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