HomeMy WebLinkAbout0049 TO pl~a ~nd ca+fMwa~~ly k~sp on tM build~np~ noa+ o~ hM~a~1M Ntwt~ or f~id IN+d ~nd on ~Il aq~~p~n~nl ~nd pNW~ally cov~red by ~h;~ mw~Q-
p~ wi1A ~11 p~miveM tlwrwn pud in full, fir~ in~ur~e~c~ in tM u~ual u~od~~d policy (am. in ••u~n •pp~ov~d b~ tM MORiGAGEE. •nd wind~~wn+
Ywrw~a M tM wwl atardwd pot~cy fa~n, In • swn •ppowd bY ~M MORTGAGEE, h+ wch tor+~pany a comp~n~~s a tM MORTGAGEE may
rMKt~ M+d dl fir~ Nd wind~w~m ir?w~~~q polici~s on any o1 s~id buildinps, any intN~~t tMr~in a p~rt ~Mrwf, in tM ~pqreyat~ wT ~IwtN~d o~
M u~aw tAa~of. ~1w11 conuin tM wwl ~andud mor~o+p~ dwN « wch odw~ claw~ a tM MatppN m~y rpuu~. n?~?ieq iM loa w~da sa~d polF
cN~, ~ a~d ~wry. n•r•W. a aid MORTG~GEE a in inr~.eu m~y ~pp~M. ~nd e+ch ~nd •wry ~vch po~~cy ih~li b~ p.ompUy ~u pn~d and dNivK~d ~o
w~y ANd by wfd MORTGAGEE a funM? aa+ritlr to aid enonp+p~ d~W. +nd. nw 1~+~ ~M^ t~n (101 days i~ ul~anc~ of ~M •xpi~~r~on of ~~ch policy. a da
Iiwr ?o s~id MORTGAGFE • nnewd tha~ot. topaMr with • r~u~pt fw tM prr~iwn oi tuch ~sn~w~l; ~r+d tMr~ ~MII b~ no fu~ oe winduorn? in~w~nc~
pl~pd on an~r of wId bulldinp~. My 1f11NM1 fM~~i11 OI pat tMnof, unl~s~ f~ tM fo~m ~nd with tM lou pavabl~ a ~ia~~aid; and ln tM ~wnt ~~y swn •
~f n~e~y b~toe~ p~~~pb ~nd~r wch pclhy a policih wid MORTGAGEE ~hsll Iww.riN opt~on W r~c~iw ~nd ~pply rM surw an acca+~~ o! tM ind~bnd'
n~N Mtw~d h~nb~l p 1o pKmH s~id MORTGAGORS ro ~r.~ivt ~nd ut~ it a any pNf ~hereol fw o~hcr pwpos~~. w~~ho~t tbe~ebr w~ivin9 or ~mp~ir-
inp any puHy, IiM p ripAt w~d~r w by v'utw of Hw ry+ortp+p~t u+d In tM ~v~nt ~a~d MORiGAGORS shall (w any rtawn i~il to k~~p tM ~~~d pr~miM~ w
kwuhd, p i~il b de~iw~ pranpt~Y ~~Y oF ~aid policies ol irnur~nc~ ro~~id MORTGAGEE, or fa~~ prompfly to p~y fully any pemivm therefo~ p M~ny
~~p~ct f~tl p pNfpn~, d'aclyrQ~. ~a~cut~. ~M~ct. compl~t~, comply with w+d ~bid~ by th7s cov~n~n?. or •ny p~rt her~of, ia~d MORTGAGEE ~n+y plac~ •r+d
p~y fa wch brwana a a?y p~n tMrwf without waHinp or ~H~ctinp a+y opt~on. INn. pwty. a riyh~ undN a by virtw of ~hi~ Mw~9~pe. and tF?~
1vp ~nau~t of ~~nd ~vMy wch paymN+~ shall b~ inwnedi~t~l~r dw ~nd pay~bt~ ~f1d iMII b!K ~1tN~f1 from ~M d~~~ ~Mrwf until paid ~t tM ~at~ of
,~Mn pK peni,n p~r ~newm ~nd ~op~~Mr with ~uch intersst ~h~ll be s~cu~ed by the lien of tl?b mort9p~. .
1. To p~nnil. aon~nit a wffN no wut~. imp~irm~nt or d~raar~~an ol sa~d propKty or any put theraof-
S. TO p~y ~II N1d ~i1~QV~M fllf CMff, chup~s ~nd ~ap~mes. includirq •~~+sa++bl~ attwrKy i fN u~d cosu of ~bur~cn of tHl~, incur~~d w pa~d at
Nly tMM I?y Mid MO~~GAGEE. ~C1uN O~ in th~ ~r~nt of tM (~iiw~ on tM put of 1M aaid MORTGAGOR to duly, promptly ~nd f~11y ptrform, d~uM~g~.
~a~eW~, ~ff~ct. eanPlN~. oo~nplY with w+d ~bid~ by ~~ch ~nd wery tM sGp~laYans. prs~m~nn. eond~Hons, ~nd cov~nann of s~~d prom3uory not~ ae?d ~hi~
nqrqp~ any a~ifh~r. and uid coan, cMrQe~ ~nd ~apMSe~, each ~nd ~wry. ~MII b~ iinmedi~t~ly due and pay~bl~j whetMr a not ~Mr~ b~ ~+ot~u ds
nw~d, ~tfM~ ro oolMct w wN p~ndinpr M+d rM full ~moum of Nch ~nd ~+nr1r weh paymero ~MII bear imereu trom ~M d~fe tl+~~eof unril pa~d ~1 rhe
r~t~ of ~ir» p~? centwn per w+un+: ~nd all Nid cosn, tharges and ~ap~nf~~ incurred a p~id. ~ops~her w~th such inr~r~s~, ~hall b~ ~ecvr~d by tM lien of thi~
:
6. 7Aat in th~ ev~nt of ~ny be+ch oi th~s Mwep~ye or d~f~ult on t!r pah o{ the MORTGAGOR, or (b) i~ tM evem any of s~~d ~umt of moaey
h.ntn nf«r.d ro b. ~o~ P.o~~M +~d fully paid wiihin thirty t301 d~ys n~xt after ~he s~m~ kver~lly become dw ~nd payable. wf~hou~ dtm~~d or notice,
w(c) fn th~ w~M ~acl~ and ~wry tM ~Npcd~tiwn, ~gre~m~nu. con~ition~ and eov~nann of ~a~d promiuory eat~ ~nd M~s mo.~pags ~ny a ~ither u~ not
luly, pomptly and fully pNform~d, d~uMrped, txecut~d. ~ffected. compt~t~d, complKd with and ~b~ded ~y, tnen in e~+her w sny s~ch ~wnt ~M s~~d
prpaN ~wn nNntior~d in Nid promiafay not~ tMn r~mainirg unpaid. with inqnst ~cawd, u+d a?1 moryys ~scured hereby. thall becom~ dw a~d p~y~
~bl~ forthwith, p fMfNNH. ~t tM option of uid MORTGAGEE, u fvtty ~nd canpt~t~ly il •11 of the uid sum~ of money wer~ aipin~lly ttipulaed
ro b~ p~id on ~vch d~Y. ~e+Y~Alnp in t~id prom~iwry not~ a in t!w Mwtya9e ro~M conuary notwi~hstandinq: ~nd ~herwpon a~here~he. n tM op~~on oi
s~id MORTGAGEE. wifhovt Aofiu or dem~nd, wit ~t I~w w in puity, tMrsfon or tMre~frer beyun, may be prwecuted a if ~II mon~ys s~cvrd F~eby
~ IM1yfld p?qI to iM IMtitvf1011.
7. Th~t M th~ w~nt tMt ~f th~ bplnninp of or at any. tirrN pendinp ~ny suh upon thu Mo.tgpe, w ro fo.eclos~ it, or to r~fwm it, a to enfwc~
p~ynwr+l of ~ny d~~ru Mrwrd~. uid MORTGAGEE ~hall ~pply ro th~ Coun havirq jwisdK+ion thereof fa th~ appo~ntment of • Recave?, such Cw+N sAall
forihwMh appoint ~ nuhr~r of NId inortyap~d propenY d! ~nd ~iegv~~r. ie+ctudmp all ~nd singul~ Ih~ income, p~ofitf. iuue~ and rtwnu~s from wMt~v~r
pu~p daiv~d. ~ach ~nd ~v~ry of which,_ it b~i~p ~xpr~asly underarood. i~ lanby mwtq~g~d ~s if ~p~ufic~lly ~tt fath ~nd dewib~d in tM prsntiiq and
h~b~e~~ d~v~p hneof. and ~uch R~cNv~r ~MII Mv~ ~11 tM broad ~nd eHactiv~ funct~ons ard powert in_a~ywi~~ ~ntrusted by ~ Coutt to • Reuiva. ~nd
wch ~ppot~tnwnt ~lull b~ nud~ by wcA Court u~n ~dmitted putty and ~~tt~r of ab~olut~ r~pht to uid MORTGAGEE, ud withow ref~r~ ro tM
~d~quuy a Inad~qwcy o} th~ v~lw of tlr propNty mo.t4ped or ~o the sow~ncy or iasolvency o} ~aid MORiGAGOR « N+. d.f~nd•nn. ~nd rFut sucA
rM», profits. InoonM, iww~ ~nd rw~nw~ sh~ll b~ +pplied by ~ucfi Riufwr ~ccordinp to ti» li~n w ~quity of a~id MORTGAGEE ~rd tFa pnctiu of fuch
Cowt. ~
To duiy. wo~wrty «,d t„ih p«to.~+, di~cha~~. ~x~cut~. ~ffecL coMPN~~, coe^Ply wtth and abid~ by ~+ch ~nd ~wry tM riipul~tions, pnem~MS.
aondhior~ ~nd cov~n~nn in w~d promu~wy not~ ~nd this mwtp+~ sa fwth.
9. T1wt tn tM ~wnt th~ own~nhip of tM mortpa~~d pr~m[~. a any pan therwf, becom~~ wsted i~ ~ pNSOn otM? tFNn the MORTGA~'sOR, tM
MORTG/?GEE, It~ wouNOn ~nd ~uipm, rrwy, wirhovt norice to tM MORTGAOR, dNl wi~h tuch succtua w wcce+sor in inhr~~t with r~fK~nq to thy
nqrtpp~ and t1» d~b1 Mr~by_Mtur~d in th~ um~ maru+er a~ with Mortppw without in ~ny way viti~tlrg w d~xharyinp tM Mortppw~' U~bilily ~r?
w~d~r p ~pon th~ d~M 1w~b~r Ncw~d. No s~l~ of tM premis~ Mr~by mortpp~d ~nd i+o fwb~a.anu on tM p~n of tM MOR~GAGEE or Ib ~ua~iwa _
er wlprr and no ~a~~mbn of tFw tlm~ fw tM p+yment of tM d~bt Mr~by s~cua~d ~iven by th~ IYtORTGAGEE or i» ~ucaswn a at~pna, ~MII op~r~t~
p n1~aw, dndyrp~, n+odify dunp~ a~ff~ct tM wipu+at li~b~l~ty of rM MORiGAGOR Mrdn, ~Hh~? in whoN or In p~rt.
10. It a~ciflully pn~d rhat tt~ u of th~ eswnca of thU . contr~d and ~Mt no w~iver of ~ny obliy~Yan Mr~w~d~~ or oi tM obl{y~tiw~ s~-
cw~d h~r~bp shdl ~t ~ny tMw tMrNhv b~ Mld to b~ ~ wsiv~r oi tM hrms Mnof or of tM instrumem secur~d Aerby.
11. In ~dd~t?on to th~ fapo:nq monthly paymtnt~ of princ pal ~~d int~reat rpuir~d by the ~prom~story not~ securtd Mre~y, morfQpor cownann
p+d pr~ to p~y to mortp~Q~t with ~~ch monthly payment ~n ~dd~~ansl aum estim~t~d by mortpapee to be pu~l to 1/12 of ths ~nnual cwt of Nw fdlow-
A-A!1 r~d pop~rty t~xN (~vied w au~ssed ~9ain~t the ~bov~ d~ucibed re~l e~tste.
d-Vr~miurm on fin and wind~tam insuranu ~s here~n requ~rcd to be curied on the ~mprovemsnts s7tuste on tM ~bove desc.ibed pr~mises.
C-Pr~mi~wm on tuth mwtyp~ yua~nty insurar,ct as mo•tgsgee ~halt from t:mc to time deem ~it ro urry on th~ Iwn secured hereby.
w
MorppM shail from tirrk to ~Im~ notify matflayw in w.ir~np of tlw amount d~e ~nd pay~ble Mreunder ~nd such tum sh~U therwpon be dw and
i pay~W~ on th~ dw d~t~ of tM n~xt monthly payment u+d e~ch succe~~iv~ rr~onth there~fter ~nril mortpa9te ~hall notify mat9~yor of e cMny~ in such
I ~mpmt. Suth ~wm ~I+all b~ ~pplied by mortypes tow~rd the p~ym~M of r~~l property ta~es, inaurarxe p?em'um~. ~nd mort9ye gwranty insur~rxe ,
~ prNniunu.
IN WtTNESS WMEREOF, tM wid MORTGAGOR_h~a herwmo Nt his Mnd.~nd ~e~l tM day ~nd y~ar nt afw~s~id.
MC MANU " INC
Slqiwd, S~abd ~vu'd In th~ pr~nc~ of: ~
. ' ~ - . F~L£0 w~lU HECURiED BY2 ?
, . . T.tllCiE COUNTII fLA.
~~~r.-.L . - c u~~~r.-r~- AG~~R ~dITRAS p' C~ • e ~ ~
31?~ . - ' ~:'{:f / _:~~Tv.'.~~i~ AMG~i~ ~ ' h
~ . . . o n . c anus, e
- ~
~ " ~ . . u Tre~su~e~ A
- - . - i1Aif L3 ~ $~T77 , .
. ; :=,r,
, ,
- : - :,;ll~ 39?805
ST~TE (3~~C~I~A COUNTY OF Si~ ti11CIE
. r
I HEi2EBY CERTIFY, That on this - day of__ March , A. D. 19 78 ,
before me personally appeared Ray C. Fdaazds and John W. Mc MaT~us
respectively President and _ Secretary -?Zeasurer , of
Ed~vazds MC Manus~ I~tc. _ ~ a_ Flotida _ Corporation, to me
known to be the persons described in and who executed the foregoing instrument and severally acknowledged thq,exe- f
cution thereof to be their free act and deed as such officers for the uses and purposes therein mentipned; ahd Th }a!+'they
affixed thereto the official seal of said corporation, and the said instrument is the act and deeA of said~ corpCf~ions. ,
. . ~ J = ~ + ' , ~
WITNESS my hand and official seai at Fert-~+esce "f'~' l, said county and state: ~ ~
FIRST F~ERAL SAV INGS AND I.QAN _ ~ : , . , ~ ' ;
~ ASSOCTATTpd OF FORT PIERCE - c c~tc. C x ` ' . ` ~
This itlstzunei~t prepazed by: 'Notary Public, in and for StatL iru~C~ounj~+
J. Ha 1 Robert s~ Jr . y P. ~A~A AZ uR(3E;
M Commission Ex ires: Ilr COMMlSSION QrM~ 1~K`: 1?, 1979•.
~Ow0E01MRN GENERK fN3URl??~E UNDER'M~Rf
' :l
tort rteru, r~or~aa ~~~?:n+
Checked By - ~
~ EORK~S4 ~'ArE
~
~ . - - - ~
~~~~~Fx~°~c:+~~.~rw__~:'~-~ x~,:_