HomeMy WebLinkAbout0699 To pl~c~ ~~d continvousty t~~p on ~M b~itd~~~y~ now a Mr~~h~t ~itv~t~ or ~aid I~nd ~nd on ~II cquipmtnl ~r~ penonally cov~~~d by thi~ mp1¢
p~. wifh •I) pr~mium~ ~Mr~on pa:d in (ull, firt inivr~nc• ir? ~M u~wl ~t~ndard pofcy Form. M~ ~um ~pprowd by ~M MORIGAGEE. •nd w~nd~~orm
imw~nu In tM uwal ~~andard pol~cy 1orm. in a ~um •pp~ov~d by ~M MORTGAGEE, such company w comp~ni„ +a tM MORTGAGEE m~y
dN~d~ and ~II fk~ ~nd w~nd~rorm insuranc~ poGc;as on ~ny of ~id build~r~pa, ~ny inNrt~/ tMr~in w part thsrwf. in ~M aQq~epa• wm afa~~ud or
M~aus~ ~Mrwi. ~hall conuin tM uiual st~ndard morrq~yK cl~u~~ a tucA oti?a d~vH ~f tM Ma~9~~N m+y rpu~r~. m~~inp ~M Ios~ undM ~a~d polE
ci„, ~ach ~e+d ~v~ry, payabl~ a wid 7~I?ORTGAGEE a~ ~n inar~at may ~pp~ar, u+d e+cA aad ~v~.y ~uch pollcy ~hall b~ promp~?y ~u•p~~d a~d d~~ivt«d ~o
any MW by sud MORTGIIGEE fu~~M~ ~ecurity to ~~id mwtp+p~ dtbt, ~nd, not I~ss ~h+n Nn (~Ol d~y~ in advanc~ oi iM •apiration of ~ach policy, to d~-
I~wr to ~aid MORTGAGEE ~ r~n~wal tMrwf, top~~hN w~tA • r~c~~pt fa tM prsmium of ~vch .~nsw+l; u+d rMr~ ~h~ll b~ no f~r~ or wl~+daor~n irwn~nc~~
plaad o~ ~~y of s~id buildinp~. ~ny IIIIfffN thsr~~n w p~rt tMrwf, unl~u in tM form ~nd wilA IM lou p~yable a(oreN~d: a.~d in ~i?~ ~v~n~ ~ny w~h
of nwn~y b~com~~ p~yasl~ undK ~uch policy o~ polici~s ~~id MORTGAGEf shall Mw tM optan ro r~c~iw and ~pply tM a~m~ on ~ccount o1 tM ie?d~Ot~d
nqs atu~~d Mr~by w w p«~+~~ s~id MORTGAGORS to nce+w ~nd uw it w•ny pa~~ tM~eof for o~her purposes, wnhou~ the~eb~ wa~vinq w~mpair=
Inp any puiy, IiM or riqht und~~ ot by virtw of thi~ mortppt: u+d in tM ~v~nt a~d MORTGAGORS ~Il for any t~~wn f~il lo ke~p tht ~a~d pr~mites w
inaur~d, p iail fo delivN p~omplly any of ssid policies of iniunnc~ ro~~id MORTGAGEE, w fail promptly to p~y fulty any prem~um tM~efw w in any
rNpM fait fo pafwm, diuharfle, ~xecuts, eNM, comp~et~, camply with ~nd ~bid~ by th~~ cov~nant, o~ ~nY par~ Aer~of, s~id MORTGAGEE ~y p~~cs and
p~Y fw ~uch Au~ranc~ a~~y pan tMrsof wi~Aouf w~ivinp w~ff~cti~p ~ny opfion, li~n, equiry, o~ riqh~ under o. by vi~tw of this Mwtp~pe. ~nd ihe
full amovnt of ~~ch and ~vNy ~uc~ paym~n~ ihall b~ ~mm~diat~ly dw ~nd py~bl~ and fhafl be+~ inter~st from tM da~e thereof un~il paid ~t th~ rat~ 01
nin~ p~? c~ntum p~r annum ~nd to9ether with ~uch. ~nte~e~t sh~ll be secured by tM lien of thi~ morty~y~.
4. To p~rmit, commit w iuffer no was1~, impairment w deterior~tia? of said property « any p~rt therwf.
S. To p~y ali ~nd sinpul~r ~M cos+~, charpcs a~d ~xpeniet, includir?p a r~~sonabl~ ~ttwney's fe~ and coet~ ot abs~r~cts of title, incurred o~ p+~d
eny ~im~ by u~d MORTGAGEE, D~caus~ or ~n tF+~ •vent of ~h~ f~llur~ on tM p+~t of ~M ~~id MORTGAGOR to duly, promprly ~nd fully psrfwm, d~icharq~
~:~cut~. tffM. complet~. comply w~th a~+d ab~de by ~~cA ~nd wery tM ~tipulation~. ~y~cem~nn, condition~, ~nd cov~nu oi s~id promiuory note and this
mwtyaQ~ ~ny p a~Mr. and ~a~d cosrs, cAsryt~ and eapenses. each and ~v~ry. ~MII b~ immed~ately due •nd paybl•: wheth~r w nof tMr~ b~ noric~ de .
mand, ~tt~mpt to co11M w w~t p~ndirq; ~nd t1» full ~mount of e~ch and rr~ry ~ucA paymem thall bsa. inr~ns~ from th~ date tMreof until paid ~t the
r+~e of nin~ per ctntum p~r ~n~wm; and all uid cos~s, charges u+d e:penses incurred w p~id, tog~ther w~th ~uch inttrett, ~h~ll b~ secured by tM lien of thi~
mwtpap~.
6. T1+at i~ th~ ~v~nf of any b~~wh oi th~s Matpay~ or d~faul~ on t!r part of the MORTGAGOR, w(b) in the ~vtnf ~ny of fald tvm~ of money
Mrdn refKr~d to b~ no1 promptly and fully pa~d w~rhin th~rty (30) dayi nex~ afte? the ~~me s~veratly become d~x and payabts, withoui d~m~nd or notice,
or in tM ~v~nt e~ch and tv~ry ~M ~tipul~tiom, •gr~emtnt~, condtioni ~nd cov~nants of sa+d prann•o.y nots u+d tA~i mortg~ge a~y a eifh~r ar~ not
lvly, promp~ly ~nd fvlly pKform~d. d~xMrped, execu~ed. ~ffectcd. compl~ted, compli~d with and ~D~ded 5y. then in e~ther w any ~uch ~vant tl?~ ~~~d +g
prp~t~ wm menYaiwd in ~aid promis~uy not~ thsn rsmainin9 unp~id. with il?qrqt ~cuwd, ~++d al~ mon~y~ f~cu?ed hereby. ~MII b~tom~ dw ~nd pay-
~41~ for~hwith, a tMr~~fte~, st tM optio~ of said MORTGAGEE, ~t f~lly •nd compl~tely if a!I of rhe aid sum~ of money wer~ or~yinally t~~pul~ted
?o b~ paid on ~uch day. ~nythi~+p in s~td prom~uwy note w in thi~ Mortp~q~ to tM contr~ry notw~~h~und~ny; and therwpon w the~e~he~ a~ ~M op~~on of
uid MORTGAGEE, wi~hout no~~c~ w demand, ~uit at law or i~ puity, tMrefw~ or tMreaf~~. ~eyun, may be prosecuted u if dl mo~ty~ tetur~d her~by
haA matured p~or fo it~ Imtitution.
7. Tiut in rM ~wnt th~t ~f the beginning of or st any tir»~ pend~ny ~ny wi1 upon fhis Matyaq~, o~ ro foreclos~ tt, w to refom~ it, w to Mfwc~
p~ysnenf of any claim~ h~rwnd~r, aid MORTGAGEE ~hall. spply to tM CouM I~avin~ jurisdKtion thereof for tM ~ppo~ntment of a Receiver, ~uch Court sMll
(wthwith ~ppoint a r~c~iv~r of uid mort9p~d property •II •nd ~inyutar, includ~ny ~II and ~inqulu tM inc~m~, prof~t~. isawt and revenutf from whatever
wurc~ daiv~d, ~ach ~nd ev~ry of wh~ch it beinp expre~sly underaTOOd, i~ h~rtby mo+rg~yed af if ~peufic~{ly ~et fath and d~wib~d in ~ht pr~nrinp ~nd
l+ab«+dum clavus Mrwf, ~nd ~uch R~c~ivsr ~hall h~ve •II th~ b?o~d and effective funct~ons snd powcra in ~nyw;ts entrusted by a Court to a Rec~ivtr, ~nd
such appolnter»nt ah~Il b~ mad~ by sutA Court ~n sdmitted equiry ~nd • r?utt~r of •biolur~ riyh~ to uid MORiGAGEE. ~nd without r~far~ne~ to tM
~dpu~cy w In~daquacy of tlu v~lw of tM p~operry morrp~yed w to rhe ~o~v~ncy or inwlva+cy of ~aid MORTGAGOR a tM d~l~nd~nt~, u:d rhat iuch
r~nr~. profin. Incan~, iuw~ ~nd r~v~nw~ ahal! !v ~pp~~ed by ~uch R~c~ive~ ~ecwd~ny to ~M li~n w ~quity of ~~id MORTGAGEE u?d tM practic~ of wch
Court.
To duh, pranptty ~nd fulty ppfwm, discM.p~. ex~cut~. ~H~ct, co+++pl~t~. comply wtth ~nd abid~ by ~sch ~nd ~vtry t!r ~tiputationti, ~yr~».
eonditber w+d eov~nanta in ~a~d promiuory not~ ~nd th~~ monpp~ ~~t fath.
9. ThN In th~ w~M tM owntrthtp of tM matyp~d pr~miHi, w any p~n ther~of, bacom~~ v„t~d !n ~ p~rwn otFwr tMn tM MORTGAGOR, tM
MIORTGAGEE, ff~ wcc~MOr~ ~nd •uipro, may, wirhout notice to 1M MORTGAOR, de~~ with ~uch ~utc~uo~ w~utce~~w in int~r~u with r~fennu lo thii
mortop~ and tM d~b1 Mrtby Ncur~d in the s~~r» m~nner as w~~h Mo?tp~pa w~thout in ~ny way vitiatMp or d~acMr9inp tM Morty~yw~' liability Mrr
und~r or upon tM d~W Mr~by ~red. No s~t~ of the prem~N~ i+~nby mw~pp~d ~nd no fwb~ar~na en tM pan ot tM MORTGAGEE or in ~ua~uon
w sutqna ~nd no ~ztM~a+ 01 tM time fw tM payment oF th~ d~bt h~nby ~~cund plwn Dy IM MORTGAGEE or in sucuswn a usipM, ~MII opa~t~
ro ?d~aN, di~ch~rp~, modify ch~np~ a•ff~ct rFu wip~n~l li~bility of tM MORTGAGOR Mr~in, ~itMr i~ whol~ or I~ put.
10. It h sp~cifkdly apr~ed that tim~ is of th~ es~~nc~ of thi~ connact and ~Mt no walwr oi any obliy~tion hKwnd~r w of th~ oblip~tan k
o~nd Frr~by ~hall ~t any tlrrw thtr~~ttK b~ held to b~ • waiv~r of tM t~rmt Mrwf w of tM IMtrurewnt ueur~d hKby.
' 11. In ~dd~tion to tl+~ fwpo:ny monthly p~yms~» of prins'p~l ~nd int~n~t nqvir~d by tM prom~uory noh secvr~d Mr~bY, matyapor cov~n~m~
•nd apr~e~ to pay to mortp~p~s with e~ch mon+hly paym~nt ~n add~~~onil ~um ~~nm,ad b~ mwrQ•p•• to b. puN ro 1/12 of ~h. ann~.1 ca~ of ~M follow-
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A-A~f real prop~rry taxa lev~ed or a~seaseei •ga~~~t the ~bov~ d~av~bed re~l ~~tat~.
S-Premiums on fir~ and windstorm imur~nce herein ~equ~red to b~ cu.ied on th~ improv~rn~nt~ situate o~ tM ~bove de~aibed pnmisy.
5 C-Premium~ on such mortg~ge qu~~~nty ir.iur~r.~~ mortp~yee ~hall f~om t:mc to time de~m fit to csrry on the loan se~ured h~reby.
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9 Morty~y~e ~h~ll from t~me to time no~i(y morryagor in wrif~np of th~ emount du~ •nd p~y~bl• Mrtunder •nd ~uch ~um iMll therwpon b~ dw ~nd
» pav~ble on the due d~?~ of the ~exr mont~ty payme~t and ~ach iucce~~iv~ month thereafter until mortp~qee ~hall noti(y mortg~gor of • chsnp~ in such
~ ~mo~nt. Su~h •ums shall b~ tpp:~ed by mortqagee toward 1M paym~nf of r~~l property fax~t, insur~nu prem:umt, •nd tg~ys pusr~ety insu~~nct
e premiums.
s IN WITNESS WMEREOf, th~ uid MORTGAGOR hq hereunto t i~ h~nd nd ~~_d_ tM d~y ~nd p: nt ~for~faid.
r Slpn~d. S~ale~~nd d~ltv~r~d In th~ pr~~~nc~ of: ~A~~~A PETBR ~~l I:~C .
r / ~ ~~~~Efl6(R ~OtT~IAS ' 4
~ t- ~ ttf~K CtRC~1T CCURT !~`ete~ F~. Leamin P~~i ' t~!
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STATE OF FLORIDA COUNTY OF ST. LUCIE ~
~t-
~ I HEREBY CERTIFY, That on th':s l n t~~ day of `~j~ L~~ r y A• ~B-'+9~--
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before me personally appeared t`' • L~' T" i n r~ ~
; respectivelY - - 1~x.9tde~tti~»d ~ i ~i ~ ~ r. t _ _ _~~bt~`~ - ~ ~ ; : of
_ + i:TER LG>>'?"' I~C• '~lorici.~
- - - , a - orporation;'to ~me
~ known to be the persons described in and who executed the foregoing insirument and severally ack?1owl~ed the. eRe-=
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`b{ cution thereof to be their free act and deed as such officers for the uses and purposes therein mentione,d; and that they
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- affixed thereto the official seal ot said corporation, and the said instrument is the act and deed of saitl,'Corporetion.
WITNESS my hand and official seal at Fort Pierce - said courrty and st e. .
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5 instru:nc>n~ .
' f~s~~~~:rc~~i t>y ;~i~-}, ~r~,~.~ s 1 ~
= 5T F~..; ~~_:Z.~ I_ ~t1V :~:~5 cy i~(~ ~1 »C>~ '~i' Notary Pu61i in ~nd for State and Counry aforesaid.
r; U~ OF } O~l'T PI BRC~
' My Commissior. Expires:
t P i c rc c~ , f~ 1 ~ r i cj 3 3-~ ~n k o
ta ry P~~rsc. S~.r ot Rorida at ~'9~
~,~1y Com.~issicn f x~ire; A;:q. 3i:. 1 9 8
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- iawe~0 it Acu .a : c,~ 3 f a..Mr •~•yr1
= Fort Pieres, Floride 33450
Checked By ~ -
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