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HomeMy WebLinkAbout0275 J. To pl~c~ ~nd con~inuou+ly kNp a+ t1w build~nps now a Mr~~f~N ~~~u~~t or u~d land a..d on alt eqvipment ~nd perwn~lly tov~r~d by thi~ ma~¢ p~; wi~h ~11 p~miwn~ ~Mna+ pald in (ull, fu~ iniu~anc~ ~n the ui~al u•rx!•rd poiccy lorm, in ~ wm ip{xo~ed b~ ~M MORiGAGEE. •nd wind~tam i~awMC~ in ~M v~wl ~~~ndard po~~cy fo~m, in • ~um •ppro~.d by tM MORTGAGEE, In ~uch company or comp~n~e~ iM MORiGAGEE m+y dirKt~ ~nd ~N (ir~ and wind~lw~n insuraou polici~s on ~ny of ~id buildn+y~, any int~rtff thertin or pu1 ehereol, in tM app~epN~ ~am afa~Nid a M~xpq IAK~oI. ~MII comain tlw uswl p~nd~rd matpapM clauw w~uch o~Mr c1~uN tM Mo.tpayN m~y rpu~r~, m~kinp ~M lo?s_ vnd~? a~~d po14 ciM, ~ach ~nd ~wry. p~r~bN ro wid MORTGAGEE a~ it~ intlr~it rMy ~pp~~I, ~nd acA ar+d •veay tuch pol~cy ~hall b~ promptly ~q.9ntd ~nd d~liv~nd ~o ~r h~ld by pid MQRTGAGEE (urtht. ~ecurity ro a~id ~no?tpap~ debt. ~nd. not I~u 1Mn t~n (10) dayi in adw~ct of ~M eapir~tion of ~~ch policy. to d? liw~ ro aid MORTGAGEE • r~wal tMrwf, top~~hN wirA • ~~c~+pl fw tM pr~m~wn o( ~ucA r~newal; •nd rMr~ al+all b~ no f~r• o~ wi~d~~o~m iesw~nt~ pl~o~d on M+y of ~aid butldinp~. ~ny inra~s~ ther~~n a part tMr~of. vnl~u in ~M fo~m •nd with th~ lou pay~bl~ as •fu~~~~d: a+d in ~M ~wnt •ny awn of mo+»r b~ca+w~ payaW~ w+d~r ~uch polity a polici~~ ~aid MORTGAGEE ~~all Mw eM op~~on fo nc~ive ~rd ~PPy ~M sam~ o~ account of tM ind~bted~ n~s~ New~d Mr~by w~o pKmit u~d MORTGAGORS ~o rec~iw and v~ it a•ny put ~hereof fa orhe. pu~poses, wnhovt th~•eor wa~~~~~ a~mpah- fnp any- puiry, li~n w ripht und~ w by vi~~w of thu mortQp~; and in tM ~vsro ~~d MORTGAGpRS ~h~ll fo? ~ny r~a~on fail to kNp 1h~ ~~id p~~miNa w 4rur~d, a f~il a d~~ivN promptly any of said po~Kies of insu~anc~ ?o s~ d MORTGAGEE, w faii promptly to pay futty ~ny premium rherefor w in ~ny • r«p~tt f~il b pNfwm, di~ch~rq~, ~:~curs, ~ff~N, compl~t~, comply witA ~nd ~b~de by ~h~~ cov~n~n?, a a~y par~ he.cof, ~~~d MORTGAGEE m~y place and p~Y fa ~ud~ inw~u~t~ or ~ny pan th~.~of witAout waivinp ot ~ffetrinp ~ny option, li~n, equiry, a right unde~ w by virtw of this Mat9~e. ~nd the , fuN anoum o1 NcA u~d ~wry ~ucA p~yrn~nt ~hall b~ imm~diatdy dw ~nd p~y~bl~ ~nd sMlt be~. im~r~~t f~om tM d~r~ Mereof un~il p~id ~t tM rat~ 01 nine p~r antwn p~r ~nnum ~nd ~o9~ther wi~h ~uch i~leresl shall be tetured by tM lien ot thi~ mortgsy~. 4. To pKmit, comrt?it w iuffK no wat~, impai?ment w dtte~ioratia~ of uid properry p~ny put thereof. S. To p~y ~II x~d sinpula th~ co~t~, charpe~ u?d expH+set. ~ncludin~ • r~~son~bl~ snorney'~ ics •nd cosh o( abstrad~ of title. incurred or p~id ~f any tirn~ by ~aid MORTGAGEE, b~c~~s~ a in 1M fvfn) OI thQ ~~ilur~ on th~ p~n of tM a~id A10RTGAGOR to duly, promptly and (u~ly pertorm, d~uh~rg~. eaecvt~, ~ff~t1, compkN, ownply with and ab~d~ by ~ach ~nd ev~y tM itipulatw~u, ~yreem~nts, cond~t~ons, •nd mvenann o~ u~d promiswry not~ and this ~norpp~ ~~r o~ ~itMr, ~nd u~d cw??, cMr9H ~nd ~~epense~, ~KIf ~nd ~wry, ~Mtl b~ immed~~~ely dus •nd payabl~; whether w not tM.t bt ~ot~c~ ds inand, tlt~mpt to cdl~tf or wif p~ndin~; and tM fvll amovn~ of e~ch ~nd w~.y ~uch paymem ~~all bea. inrereu irom ~he d~re thereof until paid n rhe rstt of nir» pp c~ntum p~r ~nnum; ~nd all ~~id costs, cha~grs and ezpen~ei inturred or paid. toge~Aer w~th such inter~~t, ~hall b~ sscur~d bY the lien of t~i~ 6. ihat in tM ~v~nt of ~ny breach of th~s Mo.ryaQe or defau(t on tFr part of ~he MORIGAGOR, w(b) in ~he event ~ny of sald tums of money hK~in r~f~rr~d 1o b~ not promptly and.fully paid within th~.ty (30f days oext afe~r the ~ame teverally become d~e and payable. without demand a rwtice, or M tht ~vtnt eath and ~wry tM itipul~tionf, ~gre~mentf, conQitions and coven~nts o1 u~d promissory nor~ and th~s mon9sge any a ~itl+er •re no1 1ufy. promptly and fully pMfwm~d, d~xharped, eaewted, effec~ed. completed. compl~d with snd ab~dcd 5y, the~ in e~ther o~ eny iuch w~m tM s~~d ag prp~» tum m~ntiornd in ~aid promiuory no?~ then remaininy unp~~d, with int~rest accrued. ~nd all moneyi sec~red hereby. shall becomt dw and p~y- ~bl~ fwthwith, p tMr~~ft~r, N the op?ion of iaid MORTGAGEE, fully •nd conplerely ~s ii atl oi the said sums of money wer~ wigin~lly ttipul~ted lo b~ paid on ~uch day, ~~ryrthinp in sa~d prom~ssory note a in thii Mwtyage to tFw contrary notwithstanding; ~nd ~hereupon w thue~her a~ the op~~on of qid MORTGAGEE, withovt notic~ or demand, wit ~t law w in puiry~ thercfw~ or thsre~fte~ begun, m~y bc proaetu?ed ~s if •11 moneys tetur~d her~by Md matvnd p~o? to i» Irut~futbn_ 7. That in tM_ ~v~nf that at the beginning of or at ~~y t~me pendirp any tuit upon this Mortgage, a to fwedose it, w to ~aform it, o? fo enfwq p~ym~M of ~ny d~ims h~rwnd~r, s~~d MORTGAGEE shall apply to the Courf havinp ju~isd:ction thereof for the appointment of a Receiver, avch Courf sMl) FOIfMNIN1 ~P~'ION1f •?KtirM Of N1d ~+o.~ow~ woa?~r •Ii •nd •inyut~r. includ~n9 ~11 ~nd ~ing~l~r ~he income: p~of~ri. issues ~nd r~venues from whstever ~ou~p daiv~d. ~ath ~nd ~v~ry of which, it beinp expressly unde~irood, is htr~by mo~tgaged as if tpeuficaily set fath and de~crib~d in Ih~ pr~ntinq a~d habrndwn clavsN 1»~fof, and ~uch Rec~iv~r shall Mv~ •II ~he b?wA a~d effect~ve funcr.ons and powen in •nyvv~:e entruitcd by • Cou~t to • Receiv~~, ~nd wch ~ppointn»m ~hdl b~ m~d~ by ~uch Court an ~dmittcd equity ~nd • matt~r o( ~bsolute rigA? to s~id MORTGAGEE, and withput re~er~nce ~o tM ~d~quaty w M?~d~qu~cy of tM v~iw of tM p~operty mortyspcd a to the ~o~wncy w inioivency of ~~~d MURTGAGOR w tM defend~nn, and that iuch r~m~, profits, Incoe~, iww~ and r~vMUN ~atl b~ apptied by ~uc1? R~ceiv~r ~uo?d~np to :h~ lien or puity of ~~id MORTGAGEE ~nd tM practic~ of tuch Cowf. A. To duly, pranptly ~r+d fully p~?form, discharq~, ex~cut~, ~Nect, comptea, comply with •nd abide by each ~nd er~ry tA~ ~tipul~tions, ayr~m~nts, oondhiom M?d ooven~nn in w~d promiuory nor~ ~nd ~h~s mwtg~g~ ~st fwth. . 9. Th~t In tiw ~veM tM own~nhip of the mortg~yed premi~es, or any part thercof, becorr+ei ve~ted in a pe~wn other than tM MORTGAGOR, tht MORTGAGEE, Ns ~ucc~aon and ~uipm, may, w~fhout nor~ce to tM MORTGAOR, deal with ~uch tuccessw w•ucce~aor in ieter~tt with r~f~renc~ 1o this matpp~ ~nd th~ debt Mrtby s~cur~d in tM ~~me m~nner with Mortp~yo~ withoul in ~ny wsy viti~tinp a diuhargirq ths Mwtq~yoq' li~bility h~rr undn or upon tM d~bt henby Ncur~d. No sata of the ptemi~es hereby morty~ytd •nd no forbeerencq en fh~ p~n of tM MORTGAGEE w Iri ~~cctuo~s or as{pro u+d no ~a~~mion of tM tirrw for tM payment of tM debr h~reby s~cur~d yiven by tM MORTGAGEE or iti t~ca~wn p~s~iym, ~MII op~r~t~ M r~w, dachup~, modify ch~np~ o~ aff~ct th~ orip~n~l lisb:~;ry of rM MORiGAGOR Mrein, ~ither in whob or M put. 10. It N~p~cifically preed th~t tim~ i~ of the cssence of thi~ contrect ~nd th~f no w~iver of any obli~st~on htr~~nder a of tht obllpatia? s~- cvr~d h~r~by thdl ~t ~ny tlma ther~ah~~ b~ held to be a waiver of rh~ tarm~ hereof a of the instrument secur~d he~by. 11. In add~tion to t1w (wpo:np rtwr+thly paymenn of princ'pd •nd int~ro~t requirsd by rhe prom~swry note secur~d hereby, mortp~or cown~nta •nd pr«s to p~y to mortp~yN with ~~ch monthly paymenr ~n ~dd~rional ~~m eft~m~ted 6y mo~~ypee to be pual to 1/12 of the ~nnual~cost of the follow- . A-All wd property t~xes I~v~ed or •asessed aga~~~t the ~bo~e deu*~bed red estate. S-P~~miums oo fin ~nd windstorm insur~nc~ as here~~ ~equ~red to be curied on the ~mprorement~ situate on the ~bove deuribed pr~mises. C-Yr~miums on suth mortfl~ge qwranty insw~.,te es mortgagee tF~att !rcm i me ro nme detm fit ro csrry oo the ioan secured hereby. Mortyp~e shsll from tirrN to tirrN notify morrgsgor in writ~ng of the arr:ov~t d~e and pay~b4 hereunder ~nd ~uth sum shsll thereupon be due snd p~y~bl~ on Mt due d~r~ of rh~ n~xt month!y p~yment •nd e~c~+ ~ucce~slve monrh rhereaffer unr~l mortgagee shall notify mortgajor of a chanQe in such 'I •mount. Such ~ums ahall b~ ~pptied by mortp~yee toward the payment of reel property t~=es, i surance p~em;umi, ~nd mwtga9e guaronty in~ur~nce p~~mlurm. IN WITNESS WMEREOF, ti» ~~id MORTGAGOR ha~ hereunto ~~t h~~ h~nd •nd ~esl tM d~ y~~r f~ t~w . J Slperd, S~~bd ~nd d~llv~r~d In tM pr~Nnu of: !/i ftLEO 1+M0 RECv^tUEL • U~ /C~L~ l~l~, 1 ~ U! ST ~UC~E COUNTY i~d {:~tTndt Donald H. De~teules , a sint~le a~ ! , n , ~ . :1~_~~.' C:,l'~ ~ ~p ~ ~ STATE Of FLORI~A = 2 8 9 21 ~H a ~ Courrnr oF St . Luc ie ~ •~~7' ~.7a~~ a~ f e.for•,,,.P..w~auy•~..,.d _Donald H. De.`ieules. a sinQle adult ~ ~ {y~ to m~ w~ll know~ ~nd know~ w en~ to b~ tlw Indfvldwy/ d«cribd In ~nd who ~a~cut~d tM forpoinp Irutrvn»nt, ~nd ~cknowl~~d b~fori~~tF~at ~,~'!~~~~x~tut~d tM urrn for tM purpwti ~ rMnln ~xpnw~d. ~~7~i ~;~CK7~u{XXXXA;7tXXXXA;7{X,XXXIi;~{:KXXXX}i;7{X;~CXXXXXA~~XXXX $ ~,~(~~~~YYYYYYYXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX}tJ(}(}(XXXX ~b~~~~~~~ ~ 3 ~ wITNESS my h~nd .nd offlcrd pd thI d.y o{ 2•tarch A, D. 19 78 ~ `~I, l~ V~.'1L_. I'` \ 4,,~~~.. + Nw~ry Publk ln ~nd fw the Stu~ of Florid~ ~t l~ry~ My ~OmrtliiiWf~ ~7cp1rM: ~ R~twn Ta- 4 Flnt F~d~r~l Swinp~ a lo.n I?awcl.*ta, Natary Publu, State ot Florida at Larqe ~ Of Fon v~~rc~. fAy Commission E:~res Dec. 2t, 15t80 &.n_~,f Or Aw.~ncar. fre a _+i..e• ~ ~nN••~ ` fort Pivp. Florld~ ` y f , : ~ . > . ~i This Instrumsnt Prepared By John W. Collins;ch 3 l~1 ~ First Feder~l Ssvin~t ~ losn Association - ~ of Fort Pierc~ , ~ ~ ~ Fort Pieres, Florida 33450 ~ ~ -i ~,l S ~ ; ~ ~fl~K284 P~~ ~ - ~ , ~ • ~ Checked By - . ' ~ ; , ; ` ~ . : ti 4 ~ } S¢ S ~ . . . _ . . . . . _ " . '-':~.,.2"~fi'