HomeMy WebLinkAbout0542 .
1 • .
j ~1
~ f
; • Md ~a{d Mortg~on, fa th~em~iv~ snd ~F,ol~ h~in, le9~l ~~~sr~~~n~~Nw~, wccsua7t +nd rs+IpM. Mnby }olnfly ~nd av~~lly cov~nant ~~d tora
x sa+d wltfi ?1,~ a~W MLIRTGAGEE~ If~ iVCt~1~Ot~ •M~ ~K~n1t
1. To pay ~If snd ~Inputar tM printipaf and ~n~erett •nd tM vuloui and ~vndry ~urru of monty pay~bla by virtw of ~ald promt~wry nat~, snd tMa
matyp~, •~ch end ~v~ry, prm+ptly on ~M day nfp+ctlvs~y tM sam~ ~av~r~lly b~com~ duf.
4. To p+y ~11 ~nd Nnpvlsr ~fia t~x~~, a~~e~srt+~nt~. I~vk~, I~abilttks, obliy+tioet ind trxumbr~~cn of ~vory naivr~ and klnd now o~ ~ald dacrib~d
ptoE»r1y, ot ths~ hare+fi~r may bs tmpo~sd, sutfared, pl~c~d, Itvied, a~ autsud 1Mrsan, ot thal Mn~(t~r m~y ba l~vled or s~~ird upon tAl~ MortQ~ ,
sq~, or tM k+d~btedn~s~ a~cur~d hsr~by. ~ssh .nd w•rv, wficn dw and psy~bl~, accordinp to law, b~tor~ thay ~tome d~linquent, and b~fw~ ~ny Inter~~t ~
~ •ItacMs a iny p:n+lty ii t~cvrredt AND INSOFAR AS /1NY THEREOF IS OP RECORD THE SJUNE SHAII DE PRONtPTIY $ATISFtEO AND ~15CHARGED OF
RECORD AND THE ORIGINAt OFfICIAI ~OCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPE~ JfFICIAIIY ENDORSED f
• OR CERTIFIEO) SHAII EE PIACE~ IN THE WANOS OF SAID MORiGAGEE WITHIN TEN DAYS NEXT Af1ER PAYMENT, and tn tM event lhat ~ny IMrtof i~ not
~ paid, •ati~fi~d ~nd disch~rped iatd MORTGAGEE m~y at any time pay the ~sme or any part t h erto f w il h o ul w~ iv ins or a f(ec t tr~ e n y o p t l o n, l i e n, t q u i t y o r !
' rlpht under a by v(r~ua a( Ihi~ mon~s~e +nd ~he full emovnt oi e~th end every ~uch payme~t ~h~ll be immediately dua and p~y~bla and ~hall be~t Inter~~t
I . ~rom tha d~ts thereof until p~id ~t n1e of Nqht ptr tenwm p~r +nnum and toyeth~r wi~h ~vch intae~~ ihall be :ecured by ths lien ot th:• mar9~+9+• ~
1. To plau N+d co++tinuowfy kkp on'N» bulidtnps now a Mr~afiK Ntwt~ on N~d land ~nd on di pvipment ~nd penonally cov~rod by tfil~ matp~
i aQ~, wHfi sll p~~rnlurtu tMnon paid full, fir~ Inwr~nu in tM ~wal ~undard polky fam, In a ~w+n •pprov~d by tM NWRTGAGEE, •nd wind~tarn ~
k+~war~w M tM vwal ~tu+derd policy brm, In a wm ~pQrov~d by IM MORTt3AGEE, In such comp~ny or campanih a tM AIORTGAGEE may
j ~w
} d~~ctl ~nd all fira ~nd wtr~torm Insuranc~ polkirs on ~ny of ~aW bulldinq~, any Int~rat tlurtin a pert tMtwf, In tM pyrpat~ ~um aiorn~id or
In txaa tMrwt~ ~MII ca+t~tn tF» wusl ~tandard mortQsyM davs~ «~uch othar cl,wr ~M Matp~yN m~y r~q~ir~, maklnp ~M loa~ w?d~? said polE ~
d~s, ~sd~ ax!'w~ry, paYabl~ b~s{d MORTGAGEE af it~ intaraat rt?~y ~pp~ar. u+d ~sch ~nd ~wry evch polky i}ull bs promptly ia.yc+sd end d~liv~tsd to ~
ony M{d by ~eld MORTGAGEE u furtMr sscurity to faid mor+y+Q~ d~bt, ~nd, not I~ th~o t~n (10) days In adwnc~ ot tM ~xptration of s+th policy, to dr i
i Uvw !o wid MORTGAGEE a r~n~w~l tharwf, topathar with a rec~ipt for tM pr~mivm of ~uch r~xwalt ~nd tTun shall b~ no fire a wind~tam iruuranc~
i pl~a~d on an~r of urd bui{dinps. •ny inlrre~t tfiersin or p+rt thrrwf, unles~ i~ ~h~ form ~nd wlth tM fos~ payabl~ a~ •far~~Nd~ and in tF» ewnt ~ny aum i`
~ o} nwMY becwrns payabt~ ~r?d~r wch polky or polkiti satd MORTGAGEE shall Mw tM option to rsc~tw and apply tM u~rro w~ •ccount pf tM lnd~btsd~ '
~ rnw Mcv~~d henby a ta psrmit uW MORTGAGORS to r~c~iv~ and us~ N a anr p+rt ther~ot (w orher purpotei, without th~reby w~iving or tmpair-
Inp ~ny pviry, It~n or ripht w?der a by vlrtw of thU mortyp~~ ~nd M t1w ~vsnt ald MORTGAGORS shall fa ~ny rtaton fNl to k~ep tM uId prrmi~e~ to ~
t ~ruund, ot fall q drltv~r promptiy any of a~id'polkla of iruur~nc~ to uid ARORiGAGEE, or fail promptly to p+y fvlly ~ny premium thKafu or in any
~ ~ te~pM {~il to pKfwm, ~uharge, ~xacuts, tN~ct, compl~t~, comply with ar~d ~bid~ by this tovenaM, or any part Mr~of, ald MORTGAGEE m~y pl~c~ ~anc4 „
pay for wch Mavrano~ w~ey p+?t tMraof without w~lvinq or affsctinp ~~y option, INn, puity, a riqht und~r or by vinw of this Mortq~9~, u+d the ;
= ivll aniounf of ~~ch and ~very ~uth payrntnt sMU b~ terunsdiably dw and p~yabl~ ~nd ~hall be~r Int~reil from tF+~ d+t~ thereof untll paid at th~ rat~ af i
nin~ p~r unturs~ p~r snnum and toyeth~r wltfi wch kd~r~~l ihsll b~ kcvrtd by tM lisn of tfi(t mort$+9~.
1. To p~rmit, oommtt ar auff~r no wa~~, {mpsirmtnt or d+t~rlaallon of aaid prop~rly or ~ny put iMt~of.
~ 3. To pay ~11 ~nd alnpul~r ths oate, ehar~ ~nd ~xp~ns~s, irxludtnq • r~~~on~bl~ ~ttorn~y'~ f~s ~nd oo~h of ~MNaets af tNi~, Ineurr~c! or paid st
~ ~ny tinw by ~e}d MOtiTGAGfE, b.uus. « tn th. w.nt of rM f•ilur• on rh. of ~M Nb MARTGAC;cOA m duly, pranpHy ~nd fvlly p~rfotm, dluharp~
~xavh. ~H~ct, compkt~, compiy with ~~d ~bicb by ~ach and ~very tM ~tipulat6on~. prs~m~nts„ oonditlau, ~nd cownanb of ~aW promluory ~ot~ ~+sd tN~
~ a~orps~ any or ~hh~r, •rsd iaid coats, charges ~nd ~xpen~, each and ~vrry, aMll b~ Imrrxdi~t~iy dw and piy~bl~~ wMtMr or no1 tMrf b~ notke dr
j nransl, ~»+mpt to witsd or wtt p~ndinp~ ~nd tM fuil smaunt of e~ch ~nd wery ~vch payrn~nt ~Mi) b~ar Int~rn~ from tl» d~t~ tMr~ot unNl p~td ~t th~
~ r~t~ of ntn~ ptr contvm p~r ~nnumj ~nd a!1 saW co~h, chsrac~ ~od oxpenws Incvrnd or paW, toqNt+K witkt~ch IntKSat, shall b~ acvrsd by tM ll~n of thb
~ n'+ortg+p~.
i 6. T1rt in tM ewnt of eny bread+ of tfiis Mortgags vr d~f~ult on t!r part of ti» MORTCsAGOR, ~(b) I.i tho ~wnt ~nr of s+td wrtu of mo~+ey
Mnln r~hrnd ro b~ not promptly and fvlly paTd witfiln thirty (30) d~y~ n~x~ aft~t th~ am~ ~tv~talty betom~ dw ~nd pay~bl~, wttlwut d~mar+d or noHc~,
ar (e~ in tM swnt ~aeh +nd wtry tF?~ ~tipui~tioru, sqrNment~, eonditioeri ~nd eownantf of aid promtswry no1~ and thi~ mortysp~ ~ny or ~h4?K ~r~ nw
~ ~rty, pwmptly ~nd fully p~rtorm~d, di~d++rp~d, ~x~ctit~d. ~ff~ct~d, compl~hd, complird with aed ~bld~d by, tMn In ~itMr a~ny wch twnl ttM eaid a¢
~ phpai~ wm mrntion~d In aid pranluory not~ tMn ~~maTnln~ unpaid, witfi lnt~rnt ~ocrwd, and all moneys Fscvnd Mnby, ~MI! bacom~ dw ~nd p~y~
j sbl~ forthwith, or thsn+hn, at th~ option of uld MORTGIlGEE, as futly ~rd tompl~tily a lf all of tfis aid wmt of mon~r vwn ort~tnally sttpul~t~d •
' b bs psid on wch day, anylhin~ !n said promiswry not~ ot ln thlt Mortp~ to th~ contwry nohwitF?st~r+dtnpi ~nd thsrwpon or th~nah~r et tM eptloo of
' ~id MORTGAGEE, without aotio~ a d~mand, wlt ~t I~w a In eqvity, th~nfu~ or therNfi~r !»pun, mar b~ prw~cvtsd u If ~II m«»ys ~cvr~d Mr~by
~i h~c! matured prlor to tn trntttution.
i 7. Th~t M H» wsM tfiat at tM baytnntnp of or at any tlrta psndiny any wlt vgon Mb IIM1~ortqqa, or a f«.cla. M, a to reform h, or ro~nfore~
paynwr?t of ~ny el~ten~ Mrwnd~r, ~afd MORTGAGEE shall apply to tM Cowt havtrg ~urhdktio~ tMrwt for tM ~ppointment of ~ Rtcelver, wch Court sMll
fwthwhfi appo6nt a nc~Iwr of said matpayed propKty atl ~nd ~Inqular, tncludinp all ~nd ~l~?pulk tM IncomQ, profi»..Istun ~nd nv~nwi hom whatw~r
•ource d:riwd, Nch and ~v~ry of whkh, N bain~ ~xprealy ur~ntood, is Mnby maty~Q~d a if ipecifkally wt forth and ds~aibed In tM qr~~tlny and
Mb~ndun? d~vsM Mnof, ~nd ~uch R~ceiv~r sfiall Fww ~11 t1» broad •nd ~Hlctiv~ furutiora and pow~n tn anywia ~ntrwt~d by ~ Court to ~ R~u1vK, ~nd
wch oppointment shsll bf n?ad~ by svch Covrt u an ~dmltt~d pulty ~nd a rt+~tt~r of obsolvt~ ~IyM to w{d AAORTGACEE, and wtthow nhrenc~ ro tM
sd~quaty or G+ad~qv~cy oi tM wlw of the prop~rty m«tpaysd w to tM wh~ncy or tnwlwncy of ~aid MORTGAGOR a tlw d~fsnd~r?», and lhat such
rents, profin, Inoome, Iswn ar~d nwnw~ ~h+ll b~ ~pplltd by ~uch Ractiwr ~aording ta tM Iltn a~+lty af uW MORTGAGfE and th~ pr~dlce of wcl?
Ce~xt. "
To duy, promptlp snd fully pertorm, diKfia~, sx~cvtt, ~ffoct, complet~, canply with ~nd aWd~ by KcA and w~ry tM ~ttpulatlar», pr~r»ntt,
co~elfibns ~nd oov~nenh in saFd proml~sory not~ and thb mortpay~ Nt forth.
~ 9. That M fh~ ~v~nt tM own~nhlp of tht mort9~0~ P~~^f~t~. ar u~r p~rt tMreof, b~tantt wsMd M~ p~rson oth~ tfi~n fh~ MORTGA~OR. tF+e
MORTGAGEE, 1» succes~on ~nd ~u19rn, rt~+y, w(thovt nWk~ to th~ MORTGAOR, d~al with avth Auats~a or wtaa+or b Imsrat with refK~r~os fo thN ~
j, nwn~ap~ and tho d~M Mrtby s~wnd tn th~ sam~ m+nrwr a wlth Mortgayor witho~+t In ~ny war vttiatt+s~ or diuharping th~ Morty~pors' Ilablltt~r Mrt . j
~ und~r or upon tM d~bt Mr~by wcvr~d. No a~l~ of the pnmlws lkr~by mortq~+d ar+d no iorb~u~nca on tfie put ef tF+~ MORTGAGEE or tT{.tuccaaor~=,,~;. s
; w aslgns ~~d rw ~xt~ntlot~ of tM tlm~ fo~ tM p~ym~nt of tM debt henby sscund piwn by tM MORTGAGEE or in w~ca~wn ar aKi~ni~~~fWl_b~tifN}~~•;•;.~.,.
1s n~++M. diufisry~, n+odifr d+~np~ a sff~ct iM oripFnal It~bility of tlw N60Rt(3AGOR htt~ir~, ~ItMr M whob or b p~t. ~<< l'~~~ 3~ ~~~j' f?. •
' ` ~ Z• . ~ • ; ~i
~j 10. h b sp~cifkstly ay~r~d thst tlrr» 1~ of th~ aNnu of thft contr+ct •nd tMt no w~iwr of any oblipitian herw~d~t or q[' .._~'i~ j~
i {
tvr~d 1»nby stwll ~t snr ?im~ tMruft~r b~ luld to b~ a w~lv~t of Ma fKms h~raof w o! tl» trutrvment wcvr~d Mrby. i
!2 ,r?~~_.
• ,ti• t . , . = ~
' 11. In ~ddit{on to tt» forpoing mor?th1Y paYmenri of prlnepa) ar+d H+tsre~t r~quirrd by tM promiswry noH tacvnd Mnby; ef~o}Rp~qor . ~s~ ~:2~`~- ,
and prMS to ay to matgsy~s with ~ach mar,thlY paym~nt an addition~l wm estimat~d by mutfl;yt~ to b~ ~qual ro 1/12 of th~ u+iiLitydee of't~loNr~=i~t'~;: ,
t~,. : r-~ : _ ~ :~'~:.t._
. N`11~ . . . •I•i•'-n• • S.:l.$i:l`r.~ .
1~i'•i•':~-'~
M-AII fN) P/'O~rfY f~%!~ {wled ar ~sws~ed ~yetmt tM ~bovo desafbad na! esta». . ~ ~ • ° ; *'~x`: . ~
6-~rNnlwm on fin ~nd wie?d~torm tnwnnu u Mnln rpvind to b~ urrkd on the tmprovsmenh ~itwt~ on tM ibov~ dNVilS~d p/i~4:,'•~.y.;
=~~;.•'.1;ti
C~~NTIH7fIM Ofl SVi~I 1TYOt'roi~ QWrMtfy (MIJf~fK1 p maig~qN ~hall from tkr» to Hrn~ dNrn flt to carry on thf ban eecur~'E{Sn1~jr
kr
, Y . ~ ~
' AAar19a~ ~hall from tim~ to tkrt~ nm1fY morty+Qo* k~ writirs~ of tM amount dw and p~y+bl~ MrwrxlK ~nd wch wrn ~wll t1i~r 'pq~ ~~ti
={:r; :
p~y~bi~ on th~ dw dat~ of tM ntxt monthh MY~t u~d wch wa~sslw month th~rsafter urttil riew~p+y~s. sbatl notifp morlSiaQor- oi~a dialryh ~w
~nwunt. Sudf wms ~1wt) b~ ~pplid bp mafqapN tow~rd tM paym~M of r~al prop~rty t~xes, M~w~nu praniwnt.- +nd mort9+9~ y~r~nm~r : inwrina
~ ( prMniwn~, • ~ ^ ! : ~ C ~ y
i IN WITMESS WHEREOF, ehe ~ald MORTGAGOR Fw F~wmo -iii}liti hirlet'4~nd ~sl tF~e day ar+d yNr fir~t aforas(d.
; r Sipe+aYd, S+alsd ~nd d~Uwrsd In th~ pr~sa~a ofi
~ . ,FIIEp ~1~~D R~COE;DED ~ ~
, _ ff~~.t~t'f'.,.~~:~~-~~.~00 q
_ {96~+ NG'J 21 AM,I I: 01 -
:
~ ' fTATE Of fLORIDA -
= ' _ ~Y~ Saint Lucie R~G~R POI~fItAS,L'l~fi~(~'
' .~...e U~I E ~~~0~- 0 it.~A .~a
€ j JOYCE J. JOHNSON a hU w1F., w~ wsu wwwn.~d wwwn +o a» a b.
Ila M+dhr~dwM dnv~sd N s~ who ~xanr~~d d!~~~~ k ~
s t~.~~ N Is~p~i b~e~on ew th~t thry sx~cul~d NM an~ ior ths purpo~
d~dn_~a~erMid.'-: Md tM •~id J ~ t s l U t i t
V
~r.:~ raat ~ ANDR~f J JOHNSON R ~ ...~.,.,..,,d ~
E ~ wpar.,. .na .pa1 from h.. ,.ia Mnb.na, .auwwl.d~.d w«,a b.ror. ni. twt .h. .x.wl.a ~sa In.+rvn,.nt h..hr ,na wlwr
~ `h~* . .!rC;"~'pvbfay cor+ttraint, appr~uton, ot f~ of or from h~r wld Fw~b~td.
~ .a ~~v;n~ss;~~~ ~«.~,n~. 2~st a,~, a~ November ~4
. .
~ ~ . , r, i l~ : r1 ~ _ .
i ~ .r: C-` ~ ~.~J ~.L~~ 1~~e~~~
F i F~ I 0 At•t[ ~ s-~ ~ r~~~C MI MI~~~ Q~ Rs /f ~f'~ .
~ ! , . • li+a•1' • ~ ~f1 ~~f'MI .
i ry
~ N,,~'.~_ Li ~ t- ~latary Pu6!~. ;iat~ : t Hn~~li ~t terq~
~ % hr..d ° ~ t,... I?...d+M..
; 'r;~''C`•••... . • • . • - • • -Mr Comn:::iti~ ~:.fi-ES ~c~ 28, l~ti8
io~dh! 0? A: ar~c~: ):n S: a:ul~~ ~i.
~ A~ ~A;;i~?' c.r„~r . _ _ _ . _ . ~
- Q ~ ~ s°ooK 103 ~acf542 ~ .