HomeMy WebLinkAbout0358 To pl~c~ ~nd coe~inuously ?~ep on tF» bu~!d~rq• ~ow w Mr~~f~N utw~~ or ~~~d I~nd ~nd on ~II equ~pm~m •~~d p~non~lly cov~r~d by thi~ mor~q~ ~
with ~U p~mivms tMrwn pa~d in iuli, f~r• imur~nc~ iM u~u~~ ~~+ndud pol~cv form, in • i~m •ppror~d bY tM MORIGAGEE, •nd w~nds~wiw
In~w~nn in ~M ~~wi ~~~~dard pol~q fam, in • wm ~pprov~d by tM MORTGAGEE, in ~~+ch comP+^Y a~a^P+^'K u IM MORIGAGEE m~y
dtnctt ~nd ~II f4~ and w~ods~orm inwr~nc~ poGue~ on ~ny ol ~~d bu~~d~nq~. ~ny {oqr~~t tM.~in w pan tMrwl, in ~M ~pqrep~~~ ~um ~fw~a~id or
le ~apu IMnol, ~hall ca+~ain th~ uswl ~undard ma~yyN cbus~ w such o~Mr d~va a tM Monp+yN rr~y rpu~r~, maAinp ~M lo~ unda u~d pol4
eiN. Nch ~nd ~vMy. paYabl~ ro~~id MORTGAGEE a~n intNt~t m~y ~pp~~1. ~nd euh u+d ~vay wch poi,cY ~hall b~ prompNy ut 9ned •nfI ~~liv~fld ~o
~ny MW by wid MORTGAGEE fw~M~ ucu~iry ~o ~+id ir.wtp~~~ d~b~. and. not b~ ~h+^ (103 day~ in adVanc~ of the •xpu~~~on o1 ~ach po1Ky, ro d~
IivN to Nid MORTGAGEE ~~trKw+l tM~eof, top~rl?N wi~h a r~e~ipt for tM p~mium of ~uch r~~xw~l; ~nd ~h~r~ ~Full b~ no i~r~ o~ wind~eorm in~u~~ne~
pl~pd on ~ny of Nid buitdinpf. ~ny inta~st tMr~~n a part tM~wf, unle~~ f~ tM form ~nd wi~A tM ios~ p+yabl~ ai •fw~~~~d: ~nd in ~M •v~nt ~ny ~wn
of mon~y beeorM~ p~vabl~ ue+d~~ ~ucA poli~y a polici~~ uid MORTGAGEE sMll Mw tM option w r~e~iw and ~pply th~ wmt on eccovn~ of tM ind~bt~
rna Ncvr~d hatby o~ w pKmi1 ~a~d MDRTGAGORS lo ree~iv~ ~nd uN it a any pan ~he~eol fo~ oiher purpose~. w~~ho~~ therebi wa~~~~~9 0~ ~mpilr-
Inp ~nr pu;ty, li~n p ripAt under a by v'utw of 1Ai~ mortpp~; ~nd in 1M ~v~~~ a~d MORTGAGORS ihall fo~ ~ny r~awn fail to ke~p tM ~a~d prtmi~e~ w
Imu.ed, o~ (ail ro d~liv~? promp~ly ~ny of said polKiei of insur~nc~ to s~~d MORTGAGEE, a fail promp~ly to pay fully ~ny p~em~um therefor a in any
r~sp~cr f~tl b p~rfaen, diuM.~, ~,eecut~, ~ff~ct, compl~te, canply wirh u~d ~b~de by th~s cov~nan~, o~ +ny p+~t Aerwf, said MORTGAGEE may piic~ +nd
p~Y fw ~~cA Imu~anc~ or ~ny put tMiwf without w~ivinp o~ ~ffedlnp ~ny optio~, li~n. p~iy, o~ riph~ und~r a by vi~tw of thif Mo.tp~qe. a~d ~he
full ~mo~m of ~ach and ~v~ry such payme*+t ihall b~ ~mm~dia~~ly dw ~nd p+y~bl~ and iM11 be~r inr~resi from tM dare the~eof uneil p~id at tM raa ot
~ OiM P!f CMfVT ~f ~M1t1T t0~lthl~ wi~h ~vch interesr sha11 b~ secured by tM liee of thi~ mortyay~.
1. To pamit, cwMdt o~ wff~r no wast~, imp~irment or dtte~ia~tion of said p~opaty o~ any p~n th~~eof.
S. To p~y dl ~nd flnpvlar tF?~ costi, cMrpes and exp~ns~s, includir?9 • nawnabl~ ~tea~ey i fee and co~ta oi ab~uacts of Iitle. inc~~red a pa~d at
~ny tinw by ~+id MORTGAGEE, b~cau~ a in th~ ~vent of ~M f~ilur~ on the p~?t of fM ~aid M~RTGAGOR ro duly, p.omptly ~nd fully perform, d~uharye.
e:etvt~, ~ffM, tanpl~t~, comply with and ~b~d~ by ~~ch ~nd way tM ~tipula~ioeu, pre~menn, conditions, ~nd cov~~aNS of uid prom~~wry note ~nd ~hi~
monpp~ ~ny a~i~h~~, and ~ud cwn, charyh ~nd e:penses. ~~ch ~nd w~ry. ~MII b~ immcdi~tely dvs +nd payabl~: w1+e~M. a not ~hen M not~u dr
rr~nd, ~tt~mpt to collsc~ w wit p~nd~ny~ and tM tull ~moum of ~acA ~nd evKy wch paYm~nt ~MII bear inrer~~t from ~h~ dat~ tMreof un~ii p~~d at the
r~te of ni~e ptr c~ntvm pN ~m~um; and ~11 Nid cosn, charges and eape~tes incurr~d w paid, logatl+~~ w~th wch inta~~t, ~hall b~ sacund by tM li~n of thi~
mortp~W
6. That (i) in tl+~ ~v~nt of any br~ach of th~~ AAort9~~ a d~fault on t}r part of the MORiGAGOR, w(b) ie? the eve^t ~nY of s~~d sum~ of moi+ey -
Mr~ln ~~firad to b~ not promptly and fully p~id wirhin ~h~r~y (3p) d~ys n~:t after ~he ~~m~ severalfy becoms dw ~nd payab~e. wi~hou~ d~mr.~d o~ no~ice.
or in tM went ~ach ~nd wery tht itipulatiau. ~gre~rrNm~. condfions and covM+a~n of u~d praniiwry noi• and ih~~ mortpaye ~ny a ~i~her ue nw
ivly, pomprly and fully p~riam~d, d~icMrped. e~eecu~ed. ~ffected. compt~ted, compl~~d w7rh and ~b~ded by. th~n in e~+her w any such ~v~nt ~M s~~d ~g
prpaH tw~ mentan~d in taid p~omiuory nol~ tht~ rertuininy ~npaid. with intenst ~urwd, u+d all mon~yt tecured hereby. ~MII bacome dw ~nd p~y-
•b1~ forthwi~h, a tlur~aher, ~t ~M oprion of ~~~d MORTGAGEE, ~s fvlly •nd compl~~~ly i( •II oi ri.~ uid sums of money we.~ a~inally sepula~ed
eo b~ p~id a+ ~~ch day. +nythinp in sa;d p~om~siay note a in Mis Mat9y~ to tM conrrary notwith~t~nd~nq: ~nd fFxrwpon w th~reafter a~ tM option of
~ald NWRTGAGEE, without notic~ a demand, ~uit ~t law a i~ puity, tMrtfo~~ w IMre~ft~r beyun, may be proktuted a~ if dl mon~y~ Ncur~d hKCby
INd nfafVlld prql to i» iMlitutiOn.
7. That in th~ w~nt that ~r tM b~yinnin~ of w ~t any rim~ pendirg ~ny ~ui~ upon th~s Mo.tgaye, w ro foreclos~ It, or to ~efonn tf, w to enforq
p~yn~nt of ~~y d~im~ Mrwndei, uid MORTGAGEE ~h~lt ~pply Iq~ the Court havinq jurisd2tion ther~ot fo~ tM appoiroment of • Receiwr, wch Covn sM'l
iwthwNh appoint a~~c~iv~r of said matp~ped p~operty ~11 ~nd ~inpul~r, includ~nq •II and iin~ula~ t!N incom~, protiti, i~~w~ ~~d r~vtnws f~om what~ver
wwc~ d~~iv~d. ~ach and ~v~ry of whKh, i~ beinp ~xpressly und~.uood. i~ Mreby mwrq~yed ~s if ~p~ufiully ~t fd~h and dNCrib~d in tM pranrirp ~nd
Mb~ndwn tlawtt M?eof, ~nd ~~1CA RK~ivH ~fi~ll have all tM broad and •ff~ctiv~ funa~onf ~nd pow~rt in ~nywis~ entruacd by • COU11 TO • RKfIVft, ~nd
such ~ppolmm~nt ~hall b~ rrwd~ by ~uch Court ~n ~dmitred equ~ty ~nd • m~tter of absolut~ ri9h~ ro uid MORTGAGEE, and witAout rtfer~nce ~o tM
~dpuay a In~dequ~cy of th~ vdw of ~M p?operty mortyayed w!o the solv~ncy w inwlv~ncy of ~a~d MORTGAGOR a tM d~ftnd~nta, ~nd th~t such
r~nts, profi», Incan~, it~w~ ~nd r~v~nw~ ~F+~11 b~ applicd by ~uch R~c~iv~~ ~uadinp to ~M li~n a puity o} a~:d MORTGAGEE u+d th~ p?actict of such
Co~rf.
t. To duly. p?ompfly ~nd fvlly p~rfam, dscMrp~. eaecut~. ~H~ct. compl~t~, canply wtth •nd abid~ by ~acA ~nd ewry tM ~tlpul~tior+s, ~yrKen~Ms.
~oe~dit{pr ~nd eo„~n+m~ in ~sid promis~ory not~ ~nd thi~ mort9p~ ut fath.
9. Tl+~t In Nw w~m tM own~nhlp d tM ~no.r9~y~d p.~rn~MS. w~ny part rhsrwf, !»can~s w~td In • p~rwn orMr tMn tM MORTGAGOR, ~M
MORTGAGEE, Ms wtt~aon ae~d auiyn~, may, wi~ha~t nories to tM MORTCsAOR, dNl with ~ueh ~uee~swr a ~ueee~wr in inhrnt with ~~ftr~e~u ro thit
mwipap~ ~nd rM d~b~ Mr~by ucur~d in th~ ~~rr» ma~ner ~s with Mortpspa withovt tn ~ny w~y virt~~inp w d~~cMr9irp tM Morr9qon' Ii~bllity Mrr
und~r w u{wn tM debt Mr~by wcwed. No ~~1~ of t1u pr~misN F?~r~by mortpp~d ~nd no fwb~a?~nc~ on ~M p~h of ~M MORTGAGEE or It~ wa~swn
o~ awfprr ~nd no ~a~Malon of ?M thn~ fw rM p~ym~m of tM d~bt M~~by s~cvr~d ptwn bp th~ MORTGAGEE a in wca.son a auipn~, aMll op~r~f~
to rN~aw, diuhatp~, modify chanp~ or ~ff~cr tM ai~inal liab~liry of tM AhORiGAGOR h~nin, ~itlw in whol~ a In put.
10. It M p~ciflully ~prkd rMt tlm~ f~ of tM s~Nnu of thh ca?tract ~nd that no w~lwr of any oElq~tan ha~r w of th~ obllpation w-
cvr~d h~?~by tMll ~t ~ny tlm~ therNhM b~ lald to b~ • w~iv~r of tM t~rma Mrwf or of tM Irutrum~nt s~cv~~d Mrby.
11. In adA~tion to tM forpo:np monthly paYen~nt~ of prine"pal ~nd im~.~~r nquir~d by tM promiawry nor~ ~eeur~d Mr~by. mortqpor eowrc~ms
~nd pr~ to pay to mortppN with ~~ch mo~thly p~ym~nt an ~dd~rion~l ~um e~tim~l~d by mwtQipt~ to b~ pval to 1/12 of tM annud twt of tM follow-
~rq:
A-All r~d prop~~ty taxN I~v~ed or au~ssed ~y+7n~t the abow d~acribed red ~tt~t~.
6-Pr~m~urm on f~n and winds+orm inwranc~ u h~rc~n requ;red to b~ c~rr~cd on ~M ~mprov~nant~ sitwre o~ the ~bow describ~d pr~mis~s.
C-Premiumt oe~ ~uch mortppt 9uar~nty ~ns~r~r~c~ •s morty~pe~ ~h~ll from t:me to time detm fit to c~rry on the b~n tecured hereby.
MortypN ~hall f~om time to rime rwtify mortyapor ~n w?it~np of tM •mount du~ ~nd p~y~bl~ hKSUnder ~nd ~uch sum shall tlur~upon b~ dw ~nd
piyabl~ on tM dw d~q of th~ n~xt rtwr,thly payment •nd tuh ~uccesaive month ~here~frer vntil mortpagee ~hall notify mort9apor of a chanQe in ~ucA
•rt+ount. Such ~ueu shail b~ ~pplied by mo?rpayee toward tht p~ym~nt of re~t prop~rty t~:~s, infuranc~ prem;um~. ~nd mortg~ye yuara~ry iruur~nu
~ pr~miwm.
r IN WITNE55 WMEREOF, th~ ~~id MORTGAGOR h~s her~unto s~t hi~ hand ~nd N~I tht d~y ~nd y~ar fint ~fa~a~d.
; 3lpewd, S~al~d ~nd d~llv~r~d In tM pr~ne~ of:
t5~~0
; ~~~~~~a
i ~ /3 ~c~r~ q
4 ~
~ ' n
~
STATE Of FLORIOA ~
~ counnr oF St. Lucie
~ d~fa~ rrw p~nonally .~....d Norri t F_ RPatIP~
~nna M. BeasleV__ hl~ wif~, ~ m. w.u ~,.~d a~. ~o b.
~ rFw IndtvWu~u dMCrib~d In ~nd who ~x~cut~d tF» forpoinp Irutrurn~rM. ~nd ~cknowt~dp~d b~fw~ m~ tFut tFNy ~x~cu»d tM wrn~ fot tM pwposN
~ ~.,.p, ,y,d Fnna M_ RPaelPv
~ -
~ w~r. o~ wia Norri s E_ 6eas 1 Pv „p,r, ...p...,. .~d p.n,.~
~ •aMntnation by n» t~k«? wp~r~t~ ~nd •put from Mr w1d hwb~nd. ~cknovvl~dp~d ro~nd b~fon rr» tha~ aM ~x~cvt~d uid katn,m~nt h»ly ~nd volvrr
nrily ~nd whhout ~ny eo~npublon, eautr~int, appnMm~ or f~ar of w froen hN s~id husb~nd. G
~ t.- A. D. 1975
~ WITNESS my I+~nd ~nd offkld wal thi~ dsy of_
~ ~Z" ~ ~
~ Not~ry Publk In ~e+d fw tM St~N of Flor L~rp~
~ Mr Comnsaion ~xpk~u
~ Retum ta ~ p ~ v-~
F~.' r.d.'•i sw~"o• a~°'^ LL AND ABC ROtu
_ Of fort Pi~rc~. ~CI~ Q~UM~Y f l~.
" fo~t Piau, ilw{da ~OGER'O~TR~1S
C'_fAK CIaCU1TC011R'/
- . c • C ~ ~ • . -
"T This Instrument Prepared By RiChdrd K. Kayes AL'~ 12 is PH ~~U ~~Y•~~'
'3 ~ ~ ~ ~
Flrst Fed~rsl Savin9s 6 loen Associetion
~ of Fort Pierce : - . =
:3 Fort Pieres, Floride 33450 q~3~ 49 . =
=i ~ ~ '
Checked By ~ ' . ' ~ ~
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~ ~ ~ 292 356 . ~
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