HomeMy WebLinkAbout0533 _ A~d ~~W Moriflagor~. fa tlxm~~lv~t ~~d thatt h~ir~. itp~! rsFuetsnNlivts, tvcceuor~ an~ tuiqn~, httt5y ~ointly ~nd s~vtr~liy town~nl ~nd •y~t~
ro+nd wish rM i~id MORTGAGEf, it~ avccetta~ ~n~! •fs~pns: ?
1. To pay a!1 ~nd iinflul~r tM princip~l and inter+~~ snd tM virtau~ ~~d ~undry ~ums o'i rno~~Y paY~bl~ by virtw of aW promluay not~, and thl~ _
' matg~q~. ~ACIt ~~d every, promplly o~ tho d~y~ ~~spectiv~ly the ~~m~ s~wr~lly brcomt dws. ~
, 2. To p~~ all end •u-?gul~r Ih~ ux~s, u~e~un~nN, I~vie~, IIabUltiti, obltg~t{on~ •nd ~rxvmb~~rsctt o( twry n~tur~ anc! kir~c! now on ~ild d~~csib~d ~
~ prapa~ry. or ~h~1 Mr~sitsr may bt impotad, ~utfarad, plrced. lavisd. w ~u~ts~at Ilur~n, or thal Mruftst m~y b~ lavl~d a aHSdad ~pon 1~te Mortg~ 3
; aQa. o~ Ih~ Ind+bledn~is ~eturad harsby, t+ch u?d av~ry, wMn dw and payabl~, tccordtnq ro I~w, Mioro ~l+~y becom~ dNinqu~n~, a~d lkior~ •ny tnteroN
alt+chs~ or any penally i~ (ncurrtd; ANP INSOfAR AS ANY iNEREOF IS Of RECORD THE SAME SNA1l 8E PROMPTIY SA115f1EQ AND OISCNARGEO Of
RfCORD ANp 7HE ORiG1NAl OFFICIAI OOCUMEMT (SUCH AS, FOR INSTANtE, TNE TAX RECEIPT OR 1NE SI1115FACTION PI~PER OfFIC1AtlY ENDORSEO
OR CERTIFIED) SNAII 8E PIACEU IN iHE HANDS Of SAID MORTGAGEE WITNIN TEN ~AliS NEXT /IfTER P/IYMfNT, and in th~ ~wnf thst any theraai not
paid, sat~~(i~d ~~d dischuged ~a:d MORTGAGEf may at any lime pay th~ ~sme or •ny parl th~reo} without w~iving a a(fsctinq any op~ion, Iien, equity or
riphl undar or by virt~e oi thii mprtg~ye •nd tht ~ull amoun~ ot each and every tvth paym:nt ?hall bs Immtdi~t~~y dw •nd pay~bl• and ~hill be~r inte?e~t
~~om Ihe d~t• ihereof un~il p+id at ro~e of tl9ht p~r cent~m par ann~m •nd Io9Nher wi~h tuch inttreit thtl) b~ ~ecured by ths Iten of th:t ma9taqe.
3. To pl~n ~r+d conNnuously ke+p on ths bulldinq• now a M~~after ~ttvsts on ~aid f~nd ~nd on ~!i sqvlpmrrtt snd p~raon~Uy tovtr~d by 1hH matq.
' p~, witA •I! p~emivna tMr~on patd ln full, ilr~ Msuronc~ tn iM ~nwl u~ndard poiky {orm, In ~ ~wn +pprowd by tM MORTG/1GEE, and windatorm
4+wrusco In tM~ wva) ~tand~rd policy form, Ir+ • eum ~pprov~d by ths MORTGAGfE, tn wch company a compenio~ tM A1dRTGAGEE m~y
; directf snd ~II ilre and wtnd~iam insurarx~ poli<~e~ o~ any of ~atd bulidirp~, any Fnttr~tl thar~in vr put tl?trwf, in ths ~gg~tpat~ wm atoreuid or
~ i» ~xaf~ tMnoi, shail cont~(n fhe uw~l uand~rd martppa+ d~us~ a such o~hor d~~~ tM Mortp~y~~ may nqu4r~, maklr?B IM It~a w+der seid po1E
; cia, ~+ch ~~very, payabl~ fo a~d Mt~RTGAGEE ae ilt int~r~tt m~y appe~~, •nd esth and ewry tuth polky ~1u11 b~ ptomplly au.pnsd ~nd dellvsr~d io
any h~ld by uM MURiGAGEE as funher secority to said mor~yeye debt, ~nd, not leta lhan ten (10) diys in advu~ of tM •xpir~llon of eich policy, to dr
f Ifver to uld MORIGAGEE a nnewal thenof, to~th~r wl~h a receipt fa th~ pr~mlum of ~uch reMwalj ~nd tF»n ~hsll b~ no tir~ or wtndtitorm tnwranc•
pl~ced an ~ny of a~~d bulidiny~, +ny tnterttf iheni~ or part thereof. vnls:t In tM fo~m ~rx! wlth !M lou piysble a~ +fore~~id~ and 1~ tM ~vtnt +ny ~vm
of mon~y banm~~ payabi• ~nder ~uch policy or politi~f t~id MORYGAGEE ?fiail hav~ th~ option to r~t~ive ~nd apply tM um~ on ~ccovnt pf ihe Indebttd~
? rw~? tecvr~d Mr~by a to permil said MORTGAGORS to ttteive and us• it or any part fhereof (u otha~ purposet, wlthovt thereby w+Iving o~ Impsir-
ky any iquity, ttsn ar rtyhr ur+d•r or by vlnw of tAb mo~tpsps~ ~nd in 1M want t~id MORTGAGORS ~hall fa any ~e~son faii to ke~p tM said premUes so
~ Imvrrd. or (~II to d~llver promptiy •ny of eald polkie~ of inivr~nc~ to t~id MOQTGAGEE, or fail p~amptly to p~y fv~ly ~ny pr~mivm tMr~for o~ tn sny •
rotpM fail to p~rforr~, dischary~, •xec~t~, •ftect, compt~ti, compfy with ~nt! ebids by thii tovensnt, a any paA M~wf, ~~Id MdRTGAGEE may pi~ce and
pay for ivch M~uranc~ or ony part lhareof withouf waivtnp or a(f~ttinp ~ny opiion, Ilen, equity, a ~Iphf ~nder or by vtrt~~ of ihis Morty~p~, ~nd tM
f~ll •mount ot exh a~d ~v~ry •uch payment ihel) be Imn~distely du• and p+yabl~ ~nd ~hall ba~r (~tere~l irorq tM dat~ thsreof unN) pstd at th~ rat~ o}
' ntn~ per cantvm p~t ~anum and toyethe~ wFth .uch intaiesl ~}~all ba sstw~d by fhe li~n of this morty~y~.
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4. To p+rmit, commlt a wffer no wa~t~, Impairmen? w det~rioration of ~aid Rrop~rty ot pny pirt tl»nof.
i
S. To p+y dl uid tinpulK tM cosb, ch~r~rs and ~xp~r+?es, incivdir~ • ~~ssonabl~ •ttornsy'~ tN ~nd cosls of ~Mh~ctf o~ titif, Incvrrtd w paid ~t
~+y tlm~ by ~ald MORTGAGEE, bac~uis or In tM ev~nt of tM i~ilvr~ o~ tM pan of tM •aid MORTGAGOR fo dvfy, promptty snd futfy p~rtorm, di~ch~rp~,
~x~tut~, effM. canptete, compiy with ~nd ablde by ~ach snd ~v~ry the •tlpvl~ttau, ~yr~sm*nta, tondltbny •nd cov.nenn of saW promtuory not• •r,d ~fii~
matQsqa ~ny er ~itha~, ~nd ~~;d cosh, chupa ~nd ~ap~m~~, ~ach and ~v~ryr, ~hall b~ tmm~di~t~ly dw ~nd piysb{p wFath*r or not there b. notic~ dr '
~ mand, ~tt~mpt fo tollKt or ~uit pandinyJ and tM full amount of ~sth and w~ry wch paymtnt tFwil btar I~t~t~st from th~ data lhaeot untll psid at th~
r~ta of nir?a p~r centum pmr innumj ~nd aU ~aid costt, thuqes +nd expense~ incvr~sd w paW, toy~th~r with wch IntK~t, ahali b~ s+cund by tM IFrn of thb
morto.y~.. p ;
; 6. TTwt In tM ~wr+t ot ~ny breach vf thi~ Mortg~ or defauit on tM part of ths MORTGAGOR, ot (b) tn tM rwnt sny o~ ~id ~wn~ of rt9on~y
; Mraln nfstnd ro bt not promptly and t~lly p~id whAtn thlrty (30) deyi n~si •N~r tM art+~ a~v~r~lly b~can~ dw ~nd payebi~, without d~mand or notk~, S
z ot W M 1M ~wnt ~ach and ~very tho ~tipulations, ~yr~xnts, conditions a~d cov~ninn of said promiswry not~ and thia mortpaya ~ny or eithvr ar~ nol
~ 3ulY, promplly ~nd fvlly p~?form~d, diacMryed, execwed, ~ffect~d. comptet~d, comptitd wtth ~nd abtdrd by, tMn M~3tMr a ~ny such ~wnt tt» ~~id ~
~ pnQ~ts wm m~nlionstl In saW ptomlasory nota then rtmatniny unpaid, with IMU~s1 ~cuwd, ~nd all mon~~n Ntwed htrsby. ~haq b~tom~ dw ~nd pay-
~bta forthwith, a tMroaft~r, ~t tM option ot »Id MORTGAGEE, aa fvlly and compl~taly as ff all of ths Nld sumt of rtwn~y vwr~ oriflTnatly tttpui~t~d ~
~ ~ ro b. p.id on such day, ~nythlnp In uid promFsaory noto w!n thl~ Mortpa~ to fM contr~ry notwitt?ttK?dinpj arx! thsnupon or tMnofiK ~t tM aptbn of
uW MORTGAGEE, without notic~ w demand, wit ~t Irx or In puity, th~refors or tMrtafter bpun, may b~ prwecut~d a~ If all monoys acut~d F?Ktby ~
had rt?atvr~d priot to it~ Ir~stitvtion.
- 7. That in tM ~vs~f t6at •t the beptnntng of or at any ttmo paodinp ~~y ~vit vpon thb Mortp~g~e, or to fa~clo~ N, a fo rtform H, w fo ~nforp
c
payn~nt of sny clatma Mrsunder, ~aid MORTGAGEE sfidl spply to tM tovrt havinq (urisdiction th~r~of for tM ~ppoirttmtnt of • Receivsr, sucl? Court ~hal)
: forthwith sppotnt a raaiv~r of ~aid monyeged property alt ~nd ~Ing~l~r, indud~r~ ~U ~nd ~!r?~vlu tM Inconu, profitf.-t~~ws ~nd nv~nw~ from wh~tevv
sovrc~ d~riwd, ~oth ond ~very of whkh, it belr~p expre~sly understood, k Mreby morlQ~yed a if ~p~cific~lly a~ fafh and dswib~d tn tM 9ranttn~ ~nd .
~ I+ib~ndum dwus Mraof, snd •vch Recelver ~hall hav~ all ths broad and efiectiw function~ .nd powen In anywl:. entrust.d by • Car~t ~o . R.csiv.r, and ~
t wcb •ppointrrwnt shail be m~de 6y tuch Ccvrt ~t •n admitt~d eqvity ~nd ~ rt+slt~ of ~bsot~t~ ~tyht to aW MORTGAGEE, and wirhout rrfor~nc~ ro ths
f ~d+qvacy a Insdequscy of ths wlw of tha propo?ty mw4y~ged ot to tM wN~nry or insoiv~r?cy of ~a{d AApRTGAGOR a tM deftndanri, end th~t tuch ~
4 r~nta, profiK, Irxxoms, ts~uas and revenvs~ shall ba app4~d by svch Rsce3v~r ~ccordinp to tM Ilen a pvlty of ~aid MORTGAGEE and tFw practit~ of wch
Gourt.
8. To du}y, promprly ~nd fvlly p+rfwm, dlxharpl, ex~cut~, ~Hstt, romplets, cvmply with •nd .bid. by .ach •„d .w~ rh. •tipuletioru, prNm~y,
ooR+ditfona ~rtd oovsr?snts in aM promiseory eot~ and fh4 mortp~q~ ut fwth. ' i
~ 9. Tt?~t In tM ~v~nt tM ownsnhtp of ths rtwrtp~qed prrmise~, a~ny pa~t tMrwf, b~aoms~ v~st~d in ~ p~non otMr the~.,tA's' 7NORTGIIGOR..tM
~ MORTGAGEE, in weusiws ~nd aestyn~, may, wi~hout ~otk~ to tM MORTGAOR, d~al with iveh wunsor o~ wuasor in Mt~cstt rsLkFj-t~f~t~nc4'to~ thb
; mortpapt ~nd tM d~b1 Mnby ~ec~red tn th~ maeewr n with 1Ybnyapw witfiout M ~ny way vhl~tinp or dixharQ[np th0 Mpc/~por~"1~+lblii}~r; Mrt
r w+d~r ot ~pon tM d~bt Mreby Ntur~d. No sal~ of th~ premises Mreby mortpsq~d and no forMar~nu on tM part oi thr AAQR1~iJ(GEE :br~ib, i~tvessan
~ w aatqns ~nd rw ~xt~( of~ tlm~ tar th~ payrtxnt of ths debt her~by secvrrd piwn by tM MORTGAGEE w ih succta~~q~.asyQtn, ahall'oPerelE'. .
~ b h1~aN, di~clwp~, fp ~ps or ¦ff~ct ttw oripin~l Ii~bility of ~hs MORTCiAGOR Mr~in, ~ItMr in whal~ a k? part. : s.~*{. Lc.~, ' : ~
10. n a.R.~~rk.~y ayrkd thet tirta 4 of ~tfis ~saenq of tht~ conh~ct ~nd tMt no waivK of M obl rtfon hMr r~~ '
Y b ,.~dv~ or at•.tM olilFp~tlon fr-
tw~d Mr~by ~i+sli ~t anr ttm~ tMreafta b~ Fatd to b~ a wa(vor vf th~ tsrm~ her~of or of the irntrumen! s~cured M~by. • '
i M^y ir?onfhl 9+~_ Wrt~.
I i. In ~ddition ro tlw for o~ Y paymentt of prlnt ptl aad inte~est reqvirad by 1FN promiswry not: iatursd he~ by, ,rnon ~ ~`nf~
3 end spre~s to pay ro nwrty~y~s with each monthly paym~nt en ~dditbn~l wm ~tNmatsd b mort
~ Y 9~9~ ro b~ eqval ro 1/12 of ihs- nnwl,cdt!'.qE-tAs•foll9W- •
_„y~~'w,nr. ~17 r,~<G
; A-All r~! property /axn l~rie~ a aswos~d ay~Irot tfio ~bov~ dasutbsd rrat htat+.
6-Pnrr?Iw+a an fln u~d wlr~torm t~wrxx~ u l~urNn ~pvi~~d fo b~ u~rl~d on t1» improvKrwnri sitwt~ on th~ abovs daciibd pnmfies.
C-Prsmlw++s on wcfi mort9+g~ ywr~nry trtsw~ncs ~s matya~e~ ~t+ali from tkne fo tl+n~ deem fit to urtr on tM ban Mcvr~d Fwr~by. .
~ M~ortpagN ahatl from timo to tir~» notify mortypor in writi~ af tM ~mount due ar?d payabls h~rwndsr ~nd wch sum aMli ~tMrwpoe b~ dw a~d ,
° phraW~ on tM dw dat~ of 1M n.zt monthfY paYmM,t and ~~ch wccessiv~ month tl+enah~r vntil mut$apH sMt! notFfy mwtQ~goP bf• ~ chanp~ y' yvd~ .
! arr?a+M. Such ~ums shaU b~ ~ppliad by mwtD+~ towerd tM p+ympne.'°~f Yt~?{ ,~r~ t~xy, Mwr~na pr~miurta, and mort
p+~~ 9u~renf~l"t+i~it
t p..na~,nn. ..~.es t;+v~~~ C p D r?p .
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' IN WITNESS WHEREOf. tfa ~sid MORTGIIGOR has Mr~unto set Ms lund ~nd s~al tM d~y and ya~r flnt aforeoaW. ~.~,`~0 f,,•••••.,~ ~'JI ~
t ~
~ Si~r~d, Seal~d ~nd d~Nva~d ir~ tM pr~enc~ of, ? 1
fILED ~d~ ~C~t~ £D . ~ti
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j ' ' ~ • Ih.^~ L~~ ~COC Q~~ ~ - ° :y = -
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~ 1964 ~1QV 20 Pt~ 3: i 5 ~
~ ti~,~; :
_ ~ - ~ff~~ER ~0 f ( ~
! i S. CL ER e s a ~ . :
S1. IUCIE COUNT7. FlDRlDA s~~~,.~
~ STATE OF FLORIDA ~ COUNTY OF ST. LUCIE ~
+ 1 HEREBY CERTIFY, 7hat on this ~l.sth day of No~em ~r ~ , A. D. 19~_,
before me personally appearedm EDMUND BRANT and R~HEj,MA j;C1L~-.-
respectively President and ' ' ~ ~ ~ ' Secreta -~8surer - ~ , of
; ~ ry
' N~~+~t~^!m~~m?t nnnu~ a_.~, ,,s,{.,,.. Corporatian, to me ~
` w-= ~.--t.~-,
. .
known to be ths pe~rs~ptt;: deuribed 1n and ~nrho executed the foregoing instrument, and severaliy acknowledged the exe-
,
cution thereo~ ~td~~ ~#?Eir~/r,~``3~..and deed as such officers for the uses and ~vrposes therein mentioned; and thnt they
• . . .
% affixed ther~ ' ftc,~nf -senT o,f" ~d cor ration, and the said instrument is the att and deed of said cor
~ ~ ~ Po poroti~n. . _
~ ~ F
WITNESS my.~~ni~a~dlpffic~tpl. ~eal`at Fort Pierce , said county arid stata.
J: ni::~..~"~!:
~ ~C • - - ' t• . • : O .r
' + ~ ~.I~. nr~ °
~ „ ~VJ fA -
. ~ '~~i~t%b+..:,,`~:Q ~~}•;K 6E Publfc, in and for State and Counfy aforesaid.
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y s~,r~1r.* .;,L~y{.:, - , ~ - -
; , , y Cammissian Expires: Not~r taSSc, Sbte ot fk~i r! L~rql?
~ . ` ~c co~ss~ E~i~ t~