HomeMy WebLinkAbout2327 " 3. To plate ~nd tontinuoutily kcep an the buiidings now o~ herea(~er ~ituste on ~ald Isnd and on all cquip~nent ~nd pertonally tovarcd by thl~ rt?atg~ ~
e~e, :ttlh p~emi~mi ihereon pa+~1 in (~II, t~re inwronce in tha vsual s~anclard poficy torm, in e wm ap{xoved by Ihe MORTGAGEE, and windtitOrm a
Imurence In ihe uswl ~iandard policy (am, In a wm •pproved by the MC~RiGAGfE, in ~uch company a~ cornpanis~ ae ~ha MOl2TGAGEE msy ~
d(rectp and aq itro and windstorm insurarue policies on any oi said ~uild~ng~, any intero~l therein o? pari thereof, In Iho ~ggregeto wm ~lore~~id or
(n excess Ihereof, thall contain Ihe usual tta~dard morlflagee clause w ivch othe? dauie af the Matgagea may requi.e, mak(~ Ihe lo~t unda~ ~aid poti-
eFO~, e~cfi •nd every, payable lo ~aid MORTGAGEE a~ ifi interesl may appoar, ond each and evory svch policy shall be promptly ass.gned and delivered to #
~ny held by said h1~RiGAGfE as tu~~her ~ec~rity ~o said morty,ge debt, and, ~ot Isi~ Ihan ten (10) dayt in advarxa•of.tha expirslion of each policy. 1o da
livar to ~eid A10RTGAGEf a renewal lhereof, ~oga~her wUh • receipt tor ~ha premium of wch ~enewet; and ~hero ~halt be no fire or wind~to~m insurence
plited or~ ~~y of ~aid builc~ingt, sny inte~eil theroi~ or parl lhereof, unleis in the form and wi~h ~he loit payabla as a(o~e~aiJ; end tn ?he ovent tny ~um
of money become~ payabfe unJzr such policy or pol~cies taid MORiGAGEE shall have the optia~ t~ retoive and apply the ~ama or? accoum o( Iho (ndebted•
na» ~ecured hereby a to permil taid hiORiGAGORS lo teceive and vse h w eny par~ thcreo( for othc~ purposrs, ?vithovl th~rrb~ waiving ar impair~
t~+g any equity; iien or tight ~nda~ or by virlue of ~hls mortgaflej e~d i~ the evenl said MORTGAGORS shall (a any raason fail to kecp the t~id ptemi~et so
tn~vre~, or (el) lo delivar prcHnplly any of said policies of iniuranca to said MORTGAGEE, ar fail promplly lo pay fulty any premivm thsrefor or 1~ any
~ ntpecl f+tl lo-perform, discharge, exec~le, efletl, comptele, comply with end abida by Ihit covananl. ar any pa~1 htrtof, teid MORTGAGEE may plate end
- pay (a such Ins~rancs or any part Ihereof wiihout wa~ving or af(ectin4 a~y option, lien, equily, or righ~ under or by virtue of Ihis A1orlyage, ind the
(ull •movnl of each and every such payme~t shall be immediately duo and p?yable and ~hall bear interest trom tha data thereo( unti) paid a1 Ihe rate of
' nine per centum per annum and logrther wi~h iuch i,~ierest ihal{ be secvred by the lien ol th~s ma~gago.
1. To permlt, commit or iu(!er no wa~te, Impairment ar detariorotion of •aid property a•ny parl Ihe~eof.
~ S. To pay all and sinflvl» the cost~, charge~ and expentes, including • reasonable ettorney's (ee and cost• of ?bitraclt of tHle, Incurrad o? paid al
~ny Ilme by •aid MORTGAGfE, becausa or tn the event o( tha tailure on Ihe pait of 1he seid MORTGAGOR to duty, promptly and fully per(wm, diicharge,
•xecvta, tffcc~, complete, compty with and abide by each and eve~y tha stlpulations, agrtemenl~, co~di~ion~, and covenantf of ssid promissory note and lhit
mor~gspe any ot eiihar, and said cost~, charge~ and ezpenses, each and every, ~hall be immedia~ely due and pay~blet wheiher w not thero b~ notice do-
m~nd, attempt to colletl or ~uft pendingj and the tulf amounl of each and avery s~ch Waymen~ thal! bear intereil from fhe dele thereof unlil p~fd at !ht
~ nte of nine per cenwm per am~um; and al! said costs, charges and expenses incwred or paid, togather with wch Interes~, shall bo ~ecured by ~he lien of th~s
morffl+ge.
~ 6. Thal (a) In the evenl of any bseach of thli hlortgage or default o~ 1he parl of the MORTGAGOR, or (b) In ihe event any oF ~a3d wm~ of monsy
~ he~etn roferred 1o be no~,promptty and fully paid within thi?ly (30) days next afler Ihe same se~eraliy become due and payable, withoul demand or nolice,
ot (c) In fhe ~venl eath a~d every the stipulations, agreements, tonditio~s and covenanl• 01 said promissory note and thi• mortgage any or elther ara nal
~ufy, prcwnpdy ~nd (uNy performed, d~scharged, executed, effecied, cump(eted, compiied wiih end abided by, fhen In eithe~ a any ~urh wanl 1M iaid ag
preyate sum menYwned In taid prom;ssay note Ihen remaining unpaid, wi~h interesl accrued, and all money• securtd hereby, ~hall betom~ du~ and pay~
s: able forthwi~h, oi thereafter. at tha option oE said MORTGAGEE, ai (ully and completely as i( all of ~hc satd :um~ of money mrere originally Nipuleled
to be paid on tvch day, anylhing tn taid promiisory note or in Ihis Mwtgage to Ihe conVary notwithstanding; and thereupon w therealter at the option of '
~ald MORTGAGEE, wi~F~uui no~ice or demand, ~yi~ et law or In eq~ity, thero(ore o? thereaiter begun, may be prosecuted as if all money iecured heraby ~
~ had muvred prior to iu instit~tion. _ . ~
7, ihet in the event ~hat at the begl~ning o1 or at any time pending ~ny ~uit upon Ihis Mo~tgege, or to faecloie !f, or to relotm it, o~ fo enfort~
~ payment oi any claim~ he~evnde~, said MORTGAGEE shall appty to the Gourt having jurisdici~on Ihereol for Ihe appoinlmenl of ~ Recelvsr, wch Courl ~hall
(orthwlth sppolnl a receivu of said m~tgaged property all snd singvlar, tnclud~ng all and •ingular the income, proEils, fisvei and nvenues irom whatever
~ avrce derived, aach and every o( which, it being expressty vndarstood, i~ hereby mortgaged as it apecliisally se1 fath snd dexribed In tM q?an~lny and
habendum clau~et hereof, and such Recelver shall have ell the broad and etfcc~ive funcliom •nd pawer• in anywisa entruitrd by ~ Cour1 to a Recelver. •nd
i wch appolntment shall be mada,hy such Cour1 ai an admi~ted eq~ity and a maller of e6solute right fo said MORTGAGEE, and wittrout ttferente to th~
; ade~quacy w inadeqvacy o( ~he valva o} the prope~ty mortgnged or to the solve~cy or insolvency of said MORTGAGOR or Ih~ defend~nts. and thal ~uch
ren~~, profit~, tntome, iieves and reve~ues shall be applied by svch Receiver according to Ihe lien or equity o( •eid MORTGAGEE and the practica of tuch
. Court.
~ 8. To dol , prom I! and fuil rto?m, dischar e, execute, etfect, co leta, compl w;lh artd abtde b eath end evsr ths stl latlons, ~greement~,
Y P Y Y Pe 9 ~+P Y Y Y P~?
~ cond+lbni and tovenantt in said promissory oote and thii mor~gaye sat forih. ~ ,
~ 9. Thal tn the event ihe ownership of the mortgaged ptemises, or any part thereof, becomet vested In a perwn olhet than tFa MORiGAGOR, 1M
~ MORTGAGEE, Its •vccessor• end essigns, may, without notice to the MORTGAOR, deal wiih s~ch svcceisor or ~vccessor in trttere~t w11h reterence to lhl~
mo~tgaqo ~nd the debt hereby secu~ed in 1he tame manner as wilh Mortgagor withovt In sny way vitialing or ditchar~tng ihe Motly~gon' IiobUity Aera
F under ot upon ~he debt hereby secured. No sale of Ihe premi~es he~eby mortgaged and no fabearonce on ~he part of Iha MORTGAGEE or N• tuctr:ton
a essigni ~nd no exlension of thr lime (or fha paymenl of the debt hereby secured given by the MORTGAGFE or ilt tuctestorf w sssiyn~, ahall oper~l~
ta roleas~, discfiarps, modify change or nfisct the original liability of ~he MORTGAGOR herein, either in whole w In part. ~
F
~ , 10. It ts tpecifically agreed thet time I• ot the essence of this co+Uract and that no w+iver of •ny obligatiai herevnde~ or of ths obllgation t~- ~
~ wred h~reby shall at any time thereaher be held to be e waiver of tho te~ms hereof er oi Iha. tnstrvment ~ecured herby.
~ , 1 i. In add~lion to tha (o~ego:rtg monthly payments of princ'pal and inte~e:t roquired by the promi:sory note iecored hereby, morsgaqor tovenanh
~nd agrert to pay to mortgagee with each monthly payment an addirional ium estimated by morlgagee to be equal io 1/12 of the aMU~I tost of the follow-
i ~^9~
A-All real property taxes levied or assessed againit ~he above described real estate.
t B-Premtums an fire and windstorm insurance as herein requ~red ~o be carried on the tmprovamrnt~ ~itvafe on !bo above described premises.
~ C-Premivms on soch mortgage gvaranty insv~ar~ce as mongagee shell from time to tima deem fit to urry on 1he Eoan tiecured her~by.
~ Mort a ee sfiall from ~ime to time notii mort a or i~ writin of the amounl dua snd
g g y g g g payable hereunder and •uch ~um ~hall thareupon bs due ~nd
pay~ble on ths due d+ie of the nezt monthly paymenl and each 3uccesiive, mo~th thereafter vntil mortgagee sh~tl notify mortgeyw of ~ cha~Qs ln eucl~
~ ~moun?. Such iumt ~halt be applied by mortaagee loward the payment of real property taxes, Imurance premivmt, ~nd morlysy guaranty lruurant~
pr~miumt.
si IN WITNE55 WHEREOF, the said MORTGAGOR h~s hereunto tet his hand end seal the day and year tlr~t a(wes+id.
~ Si n d, e ed and ~elivered In presence of:
~ ~ ~-,',r.. ~~n
~ --~-~''n
~ --.~-n
~ ~
;
x STA7E Of FLQRIDA .
: ~ ~ S5. _
courm oF - S t, Luc ie ~
~ ~ befus rtw pttsonally appeercd - ~E ve ]„~vn._sT.A £f R r_4 nY+ ~ p~.1i w~,,.a~
~ . to mo well known ~nd~krwwn to irw to ba
tM IndivWwfr detuitxd in and wfw executed the foregotny Instroment, and ~cknouyladQed before rt?~ tMt ~ey? ex•tutrd it?s sarn~ fu th~ pvtposet
~ ~ tMntn exQreusd. Md 9tie *aM_
wHrvf t!w s~rM N? a~i *rivat~
ex~min~Mtxr i~rrtr~Mterreep.wl~ rn+d-aporl ~renr her +vid-fie~bsrd; ~dc+~r.ledged ~v-and~be(~ew~++~ ~1tati~M-swssvM+l ?aid-i~tlw~twN- h~ly •~nd•vaiw~..
Mritr~~v+fF»w~~e~ry-c~rnp~rl~iow,-cMMwiwtrsPlK «-i ~+*-f~oe+-h~r~said~•fMCSi~a~d.
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WITN~S$ my Mnd er!d offkial seal thi day of De e e /a, D. 19~
~ ~ l,11 ~ -
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f ~ Not y Pubtk in and 1or tM Stat~ of Fbrldi at lar~
F: o~'~' ' x ~ ' : :~3 '
r ~ My Co mii~ion expinss
g, . ~ ~ 1 ,1 ~~eh~n Tos ~ ~~2
~j _ F~ ~ • ~ ,~~~s~~, F1t~D AND G' 1~` ~ ~
_ ~ 4~0~ ~R.. RfCORDED , . ~ ~ :
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~ t c n ~ ~4!~.,.. 1964 DEC 24 • ~ - - . . ~ ~
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ROGER 39 ~~~~<<~'~''••.`,~d~ ~ a
POITRAS, Ct~R~( - ' ~ ' ;
ST. LuCIE COUt~Tr, ftORtl(~~{~~ = ~ . ; ~ "
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