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HomeMy WebLinkAbout1393 . ~ . ~ . To pl~c* •nd conttnuou~(y knep an ~he bullding~ now or hrreiftar titvste on uid !~d and or~ all equlpmaM and penonally eovtrtd by thi~ mort9- ! a~~, with •1! ~+emtumi ~harwn p~id In fuU, ftra i~surance in tha usual siendard policy farm, in • ~~m apjxav~d by the M04TGAGEE, and wlnd~~am Gnwrartre In ths u~w) a~~ndard policy torm, In ~ sum approved by Iho MURTGAGEE, !n wch tomp~ny or compantes u the h1~R1GAGEE may ~irxtl and aii fire and wt~daro~m inivrancs po4clea on any oi 3Dit~ I]UHdi1l9/~ OI1y (qt~f01S 1}t4~Glf1 Of rN~t f}IQltOI, tn tha ag~regate wm afofe~atd or In txtass thateof, thall coalain th~ usv~l ~q~dsrd mortgaqe~e cl+use or iuch oiF»r clautie es the Mwiga~ee may requi~o, maktng ~he lo» uncler ~aid pc~IH ~ tit~s, tach and .very. payabl• to taW MORTGAGEE ~t i?~ inleresl may appau, and each and avery tuth policy shall be p~omptly es~:gned and delivercd to . j any MW by iaid MORTGAGEE a• further sscvrlty to ~ald mortflsga debt, end, not less than ten (10) dey In adv~ncs of ~ha eYpirstion of each policy, to dr i (lv~r la ~ald~ MORTGAGEE a ~enewal thereof, toflothar wlth a racatpt fw the pramlum of wch rertewaf~ and Ihers shalt be no fire or wfndstorm 1n:~rarxe plat~d oe any of taid bvtldir?gs, ~~y tnteree? ~he~ain or part thereof, unless tn the form and wifh the los~ payable a~ afweseid~ and tn the evant any sum of money bc,~comei payabte undar luch pollq a polic~ei •atd MORTGAGEE ihall have the option to ~etelve ~nJ apply ths •ame on account of the indebted- ~'i tkts aetvred heraby w to permit ~st~ MORTGAGORS ?o reteive and usa it a any parl fhereof tor oth~r p~rpose:, without thareb~ Wdiving o~ impair- ± tny ~ny tqulty, lien w righ~ vnder or by vlrtus of lhJs mortgagej end in ths even? said MORTGAGORS ihall fof any reason fail to keep the said p~emises ~o insured, a fsll to deliver promptly any oi iaid policies of insuranta to said MORTGAGEE, or fail promptly to pay fully any premium iherefor or tn any te~pect t~il to per(orm, discharge, exe<ute, effad, complete, comply with ~~d abide by fhis covanant, or any par! horeof, said MORTGAGEE may place and ~ pay fa iuch (nsuro»ce or any F+aH thereoi without waiving or affeding any option, ilen, equity, o~ ri~h1 undar or by virtue of thii Mortgaga, and Ihe full ~mount of eath and every ~uch payment ~hall be immedietely dve and payable and shall bear (nterest from the date Ihe~eof unNl patd at fhe rats ol ~ ~tn~ per centum per annu~n end together with ~uch tntere~t shrll be secured !sy 1he lien of this mortgaga. i A, To pa~mit, commif or iuffer no waste, impairmen! or deterioratton of said p~operty or any part ihe~eaf. : i S, To pay al) and singuls~ the cosis, charge~ ond expanses, includinq a reasonablo attorney'~ fee and tosts of abstrade af Ntlo, (ncurred o~ pald at , ~ny tima by taid MORTGAGEE, becau:e or in the event of the failu~e on the part of the iatd MORTGAGOR to duly, promptty and fuliy perfwm, di~charga 1~ ~xetuts, effecl, tomplete, tompty with and abide by each a~d every the itipvlations, agreemenis, conditiona, end covenantt of ~aid promittoty note snd thit 1 monysye any or either, and iat_' :os~~, chsrges and axpense~, each and every, shall be immediately due and psyabloi whethcr or not Ihere be notice d~ maod. attempt to coliett ar auit pendingF and tho ful) amount of each and every ivch payment thail beer iMeroti Irom the dat~ thereof until paid at the ~ tate a( ntne pet ctntvm per annamj and all said co~ls, charges and expenses int~rted or paid, togelher witt? ivch interest, ~hal) b~ secured by ihe lien of thil ' ~3 IflOffQl9f. ~ ~ ~ 6. That (e) tn the event of any breach of tfiis Mortyage or default on the part of the MI~RTGAGOR, or (b) in ti~e avent any of ~afd wm~ of money Mteln r~ferr~d to bs not prompity and f~ity paid wrifhin thirty (301 dayi nexl after iho sama ieverslly become due and payab~a, without demar.d or noHce, ' ~ a(c) tn tha evenf aach and every 1he s~ipulations, agreement~, conditioni snd covansnti of said promissory note and this rtwrlyage any or eithar are not I ~vty, prortptly ~~d fully perfwmed, discharged, executed, et(ected, complotad, complied with and abided by, than in eilhar or eny tuch event ths •aid ag- i preyat~ svrn mentio,~ed !n ~ald promliswy note then ron~ainlnQ ~npaid, wNh tmerest aarued, and all money~ sec~red hereby, shall become due and pay- ' abls forlhwith, or lhereafte~, at tha optio~ of •aid MORTGAGEE, ai ful{y and completely ai lf ~II of tha ~atd ~umi of money wera o~iginslly uipu!eted ~ to b~ paid on ~uch day, anythiny in iaid promitsory note or in thi: Mortgage to fhe contrary notwtthitartdinyf and thereupo~ or Ihereaftsr et the option of . uld MORTCrAGEE, withoul notic• or damand, :~it at law or in aquity, therelore w therrafter btgun, may be prosecuted a~ lf al! money sacured hereby Md matured prior fo it~ inslitutio~. . ~ ~ •7, 7hat M tM event thet at tha beglnntng of or ~t any time pendiny any suit upon th(~ Mortgaga, a to lo.raclote it, o~ to reform Ir, or to enforc~ , ~ p~yment of sny clilm~ hereunder, astd MORTGAGEE ihsll epply to the Court having jurisdictlon thereof for the eppointmenl of s Receiver, wtfi Court shall i Fathwhh ~ppoint a rec.iver of said mortgaged ptoperty a!I aad singuls?; intluding all and iingul~r the intome, profit~, iswet and re~enues from whatever i ~ touru detived, each snd every of which, it betn~ ~xpressty undentood, it hereby marrgaged a~ if tpecifially aet forfh and de~uibrd In t}?o granting and ~'i ; Mbandvm cl~uses hereof, and such Receiver shall have all tM brvad and eflative functions and powen in anywise entrusted by a Court fo • Receiver, and ; i ~vch ~ppotntmenl ~hall bo made by ~uch Ceun as an edmitted equity and a malter of absolute righ~ to iaid MORTGAGEE, and without reterence to the ; i~ ~dequacy er t~adeqwcy of the value of the property mortgaged or to the solvency or insolvency o! said MORTGAGOR or the defendants, and that iuch I ~ reros, profits, G~coms, iu..as and roven~ei ~fiall be applied by iuch Receiver acwrding to the lien or equlty o( said MORTGAGEE and the prattico of svch I ~ Covtt. • i ~ ~ 8. To duly, promptly and fully perform, discharye, execvte, eftect, compteta. compty with and abida by each and evary tM stipulatioM; agrc~emenh, ~ ' coedltfons and covenams in said promi~say note and thi: mor1gage ie~ iwth. , ~ 9. That In tha event the ownershtp of the mortgaqed p~emiies, or any pan thereof, become~ vssted fn a persoa~ other than ths MORIGAGOR; the ~ ~ MORTGAGEE, Ns :ucceaon and asilgns, may. wflhovt notice to the MORTGAOR, de+l with wch •uccaswr or tuccesior in intere~t with roferarue fo thii matgsge and fhe debt hereby arturcd in the ~sme manne~ as w:th MorJgagor witlwut tn any way vitieting or d~Kharging 1he Mortgagon' Ilabllity hera } under or upon the debt hereby secured. No tale of the premises hereby mortpagad snd no forbearonce on th~ pan of the MORTGAGEE or ltt suctetson u sssigot end no extension of the time for the paymenl of the debt hereby •ecured qivan by the MORTGAGEE or iq ~ucce~son or auige~, ahall operete ~ 1 to releaae, discharpe, modify chanpe or aifect the origioal liability of the hRORTGAGOR he~ein, either in whole or tn psrt. ' i 10. It li ipeciflcally sgreed that time ii of the eascnce of fhts contract and that no wstver of any obltgation hr~eunder or of ~ha obll9ation sa- ~ ared heroby sMll at ~ny ttme thereafte~ b~ hetd to be ~ waiver of the terms hereof or of the tnatrument iecured herby, 11. In addition to the fwrgo:ng monthly payments of prlnc:pel and interesl required by the promi:wry note :ecured hereby, mortgagor covenant~ •nd agree: to pay to mortgagee with each monfhly paymenf an addiiional sum estimaled by mortpagee to be equal 10 1/12 of the annuel tost of the follow- i . ~ A-AU real property taxei levied or asseaed against the above described real est~te. ~ $ B-Premiumi on fire and windstorm inivrance as herein r p ~ tqu~rrd to be carried on the fm rovemenh titvats on the above dcscrlbtd premlu~, ~ C-Premtums on such mwtgage queranty t~ivrance as mortgagee shal! from time to time deem fit ro carry on the losn tec~red hereby. . ~ Matgsges ~hall from time to tima nolify mortgagor in writing of the amount due and payablt hersunde~ and i~th sum :hall fhereupon be dve and ; payabt~ on the dve date of the next monthly payment and each succetsive month thereaftar until mortga9ee thall notify mortgagor oS a chanpe tn such ' ~ amount. Svch s~em: shali be applied by mortyagea toward the payment of teal p~operty taxea, lniurance ptemium~, end mortgage guaronty Insunnte ' pnmi~rt?t. N WITNESS WHE the wid MORTGAGOR har hereunto iet his han~ and seal the day ~nd yeu firit aforesaW. ~od, ed nd del ered t presence of: ~ , ~ • ~ ~ . ..e +4 s - _ ; ~ ~q # , t ~ - n-sq ~ s ' ~ STATE Of FLORIOA ~ . , ~ • ! courm oF ~~._.T~un ie ss' , _ . ~ i • ~ d~fori me p~rsonally appsared TAmmi a Tnhnsen ~ A an~y~ f O~s N1 h13 v,rifs, to ms w.ll knnwn and known ta ms fo bs . ~ i t!w Indiv{dwla desuibed In and who exxuted tM f~oreyokg tn:Nwn~nt, ~nd ~cknowt~ed b~for~ ms that ttay ~xecuted the ~arrw for tht pvrpoat } H~erstn expr.ss~. And Ytw t•~- A~~je q.Tnhn 9~n - ~ i wif~ of tM s~id ~ Tnmmi A TnhnSQn upon a ssp~r~t~ ~nd privNr ~ uaminaYron by m~ t~ken separat~ and apsrt from her tatd hus~snd, scknowledged ~o •nd t?efore rn~ tMt ata sxecuted seid i?utrwn~nt fre~ly and voluo- Nrily and without any compulsion, corutr~int, apprehen:ion, or fear of or from her said M+i ~ .:j WITNESS my hand ~rid officisl swl thit~ day of ; A. D. 19~ . ; . ~ ~ A~j ot~ry Pubtk (n ~nd tor t!w Sut~ of ~~~tt Lup~ ~ f Retvtn Ta , ~ ~~V My Convniabn ~xplreu A ,`~,~``,~y{~ ~4.~ , 0~0 ~ flnt Fd~r~l Savk+pt ~ Loan /luociatton f~, ; i Of fott Pista. ~ f • . ~ ANQ REC Notary Pubtlc, Stata ot y'~ '`i ~;`rs ~ _ ' Pt~,a, F~o.w, ~ ~ ~ ~ p MY Commission Exaresl~4 d • : ! - " ' U~~K ~Gnded ay Amefican S4t; p~ ~ ~ . • ~~~,~~~1.~.~r, , _ ~ ~ i • - . ~ i• . + 'Z . ' f Gv i * ~ _ . s ; . 0~~; o = ~ . j ~,Q, ~ ~ ~ . 1~64 DEC 1 PM 3. 23 - = ~~i`+~ • ~ , . : i . ii~ _ ~ • . ' ~ ; . : ~ ' • ; r ~~t. • i,~ ~ tiy ' , ~i\~ ~ . . ; ~ -l~,=~; ,!~A._~e~j' ROGER P~ITRAS, aE~c ~ '•~•~::'>;o~',~;.,~~''~a=' . _ { ~ ` ~ = ~ C - ~ ST. LUCIE COUNIY. FLQRIO ~ : i _ ~ .~y ~~•'if~~_~.f.Y..' ~ . ~ • . 4 . . : r• i ~ j) . . f . i Or i 1 • ( . ' ' - ' ~ . . . { i ~ • : - - • i R.' ~ , ;••.,,,~to' j. . _ . . _ o~X 1~5 r~arr~~ - . ~ ~ . . . . •••,M.,• ~ . . . . . . . . . . . ~ ~ . . . ~ . . , ~ ' ~ . - ~ ~ .