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HomeMy WebLinkAbout2551 . . . . . • - . . . ~ , f J. To pl~a •nd con~inuousty keep on Ihs buttding• now or hareif~ar ~ttuete on said land end on all equlpmenl end per~on~lly covared by thtt matq. +p~, wlih premtums thweon psid in tull, firo tnauronce In ihe usual s~andard poiicy iorm, in a wm approved by the MORTGAGEE, and wi~~dstorm ` ~nwrar?cs In the u~va) ~~andard policy form, in ~ tum approved by ~Fe MORTGAGEE, in w<h car,pany or compa~ies as the MORfGAGEE m~y dirett~ ~nd ~It itre •nd windsroim ins~ronte policie~ on any of sald bvild;ng~, eny intrroft theretn or parl Ihcreol, in tFw aggre9a~e ium ~(ores~id or in ~xtes~ ihareof, ~hall coMain the vival ~tandard mor~gagee clau~e or such o~he~ dauie a~ Ihe Morlgagee may requi~s, malin9 Ihe lo~s under iaid polF . ciss, esch and e~ery, ipayab!e to sald h~ORTGAGfE as i~s intere~l may appear, and eact~ and overy svch polity shaN be promptly ass:flned and delive:ed to ' , ~ny hald by ~tid MORTGAGEE af funhar lrcwlty to seid morlgago debt, and, ~ot les~ i.~an ten (10) day~ in advance of the expiralian of each policy, to da livsr lo •~id MORTGAGEE a ~enewai Ihe~eof, to9ether with a raceipt for ihe p~emium of •~ch renewalj and ~he~e thall be no fi~e or windstorm tnsurance platsd a? any q( taid bufldinq~, any tnteresi ihcrein or parf thereof, unles~ in Iha torm and wilh ihe losf payable es atore~eidj end In the evcnl any i~m . pf money b~.~comts p+yable vndrt tuch pollcp ot policies taid MORiGAGEE shall have the option to receive and apply the same on accouM of the Indebted- ' nesi tccured heroby or to permit •atd MORTGAGORS ta receive end use {t or any parl Ihereof (or olhcr p~rposes, wi~hout ~h:rcb~ waivi~~g or ir~~pair• fnfl any equity, lien or right under ot by virtua of this morlgspeJ and in the eve~t ~aid MORTGAGORS shalt for any teation tail to keep Ihe said premite• so ' ` Ins~red, or tall to del!var pranptly any of ~aid polkies of tnsuronte to said MORTGAGEE, or fail promptly to pay fully any premium thereto~ or In any " i ~espect lail to per(orm, diicharge, exetute, ei(ecl, comptgte, comply with and ebide by this covenant, o~ any pa~t hareof, iaid MORTGAGEE may plece and ~ pay fw such lnw~ancs o~ any psrt thereof without waiv:ng or affecting any op~ion, lien, equiiy, or righl under ar by virlue of thi~ Mo~tgago, and the 'i full amoemt of each and ever wch a ment shall 6e immediatel due and ` Y p y y payable and :hall bea? I~teresi from tho date thereof uniil paid et tha rote of 3 nine Pe~ tentum per annum and togethar with svch Interotl ~ha!! ba secured by Ihe lien of lhls mortgage. , I. To permit, rommlt or tutter ~o wa~te, Impafrm.nt ot deteriorallon ot iaid property or any part thereof. , , 5. To pay all and singular the tosls, charge~ and expenees, fncludinfl e reasonable etlorney'i fea and costt of ebslracli of tille, I~curred or peld a! any tlma by said MOltTGAGEE, betause or ln the event of tha failvre on 1he part of ~he iaid MORTGAGOR io duly, promplly and fully perform, diuharge, txecute, e((act, compfeto, compty wi~h and abida by each a~d eve~y the stipulations, agreements, conditl~ns, and covenants of satd promistio~y note and ihi~ , matgspe •ny or mither, and uid cos~t, chargef a~d expenses, each and every, shell ba immadiately d~e and payablej whellier or not there be notite da i } nund, altempt to cofltct w iuit pend:ng; and tha ful! amouN of each and every tvch p~yme~1 ahall bear interait trom Iha dete thereoF untfl patd at ih~ ~ nro of nine per canrom par annumi and a!1 ~atd cos~s, cha~ges snd expense~ Incurrtd or paid, together wilh wth iMerost, shall be tec~red by Iho lien of thi~ ~ mortn~gs. • ; , 6. Thd (A) In tho ovent of a~y breach oi thi~ Mortgsge or default on the part of ~he MORTGAGOR, or (b) ln the event sny of •~id ~um~ of monay ~s" S F?Kein r~fened to be not promptly and fulty paid within thirty (30) days nexi aftEr fhe ~ame seve~ally become dua and payable, wUhovl demend or nofite, or (c) (n the evmt esch ~nd every the ilipulationt, agreements, condition~ and covenants of ~aid promissory note and th~• mortga9e any or either aro not p ~uly, promptly and fvlly performed, discharged, execuied, effected, completed, complied with and abidsd by, Ihen in either ar any svch event Ihe seid ag~ '1 pre9ah wm menrioned ln :ald promisaory nota then ~ematn3ng unpaid, wlth tnteresl accrued, and all moneys secured hereby, ~hall become due •nd pay. able (orthwlth, or ihereafter, a1 the option of said MORTGAGEE, as fully and complelely as If ell of the taid ~uma of money wero aigin~lly atipul+ted to be paid oa~ such day, any~htnp In said promisso~y note or in thfs Mortgage to the contrary notwithstandingj and thtreupon or thereafter at ths option of ~+)d MORTGAGEE, withoul notice or demaod, suil at law or In oquity, Iherefore or Iharea(ler begun, may be p~osacvted ai if all moneys secured hetoby ` had matured prior to itt Inititu~ion. ~ 7. That in the evenl that at the beginntng of or ~I any time pending any wit ~pon this Mortgage, or to faeclose ti, or to rnform ir, or to enfora j payment of •ny claimt huevndei, taid MORTGAGEE ihall epply !o tha Covrt having (urisdiction Ihereof tor Ihe eppoinlment of a Recaiver, Wth Covr1 shall j ialhwith appoint a receiver af •eid mortgaged property all and •in9ular, Intluding all and ~ingular thc income, proiits, ttsuet ~nd tevenue• (rom whatevor ~ : aourca derived, esch end every of which, it being exprzsily understood, ts hereby mortgaged at if tpecifically ~et torth and de~uibed In the flrantJng and ~ habendum cls~ses hereof, and cuch Rcceiver thall have all tha broad and effative funct~ons and powerf In anywise entrusted by • Cour1 to a Receiver, and ' tuch appolnlm~nl ihall be made by such Court at an admitted equity and • matler of absolute righl to seid MORTGAGEE, and withoul teferenca to ths ~ ~ ~deq~acy ot tnadequacy of the value of the property mortgaged or to the talvency or insolvency of seid MORTGAGOR or ~he defendantt, and that tvch Z b, renti, profiss, ineome, {saue• a~d revenuet shall be applied by such Receiver accordin9 lo the (ien or equity o( taid MORTGAGEE and the practice of tuth ~ ~ Court. ~ i 8. To duly, promptly snd fully perform, dFscfierge, execute, ~ffect, comptete, compty with and abid~ by each and every tM ~tipulattau, aQreamenla, S i cortditTons snd coveoints in aald promiuory nots ~nd thii mortgage set forth. ( i 9. 7hat In ths event the ownsnhtp of the mortgaged premises, or any pari thereof, becomet vasted in a par~on other than the MORTG~4GOR, tl?~ j t: . MORTGAGEE, Ht ~utce~son and as~tgns, may, wi~houl notics to the MORTGAOR. deal with tuch eutcetsor ot successor tn intere~f with reference to thi~ j mortgage end the debt hereby secured in the ~ame manne~ as with MorlQago~ w;thout In ~ny way viti~liny or distharging IF» Mwtga9or~' b~bility he~~- ; . under or upon ths debt hereby sec~red. No sale of the premises hereby mortgaged and ~o fwbearance on the parl of the MORIGAGEE w its lvctessort or aistgns ~nd no exlenston of tha ~Irt~e (or the paymem of the dsbt hereby secured gtven by the MORTGAGEE or it~ tvccestori or ass+gnf, aha!! optiatf ~ ir 1o r~teais, diuhugs, modify change or aHect tha origioa! liability of 1he N+ORTGAGOR herein, eilhar In whole w In p~rt. 10. I! i~ fpeciflcally agrerd that time tt oi the essence of this ton~ract and lhst no waivor of ~ny obllgatio~ hereunder or of 1M obltyation ie- ~ turad hareby ~hall at •ny time thereafter be held to be a waive~ of the term~ hereof or of the (n:trvrranl ucured herby. ~ 3 j - I1. fn addilion to Ihe foregoing monthly paymenb of print:pal and interat requirod by the promissory no~e :ecured hereby, martgagor covrnant~ ; , • +~nd agrtet to pay to mortgagee with eath momhly payment nn addilional sum es~imated by martgagee to be eqval to 1/12 of the annual ccst of 1M follow- ~ j Ing. A-All real property taxps levicd or assessed again~t the :a6ove desuibed real estate. ~ ~ B-Promtums on fire and winditorm insurance as herein requ~r~d to be urcied on the tmprovemsMi :itvats on the •bove desuibed premicas. 'i C-Premiums on such mortgage guaronty in~wanca a~ mortgagee tha!! lrom time to tima desm fit to t+rry on the )o~n trcvted hereby. _ Mortgsgee aball from time to time notify mortgago~ in writing of ths amount dve and payable hereunder ~nd ~uch ~vm ihall thereupon bs d~e and ~ p~yablt on 1he dw deta of the next monlhly payment and each tuccessiv month thereafter until mortgsgee thsll notify mortgsgor of a ch+nge fn ~uch j amount. Such sumt shatl be applied by mortgagee toward the payment of real proparty taxes, truuranca premium~, and mwtgage gusranJr iniunnct f i pretnitxnf. e ~ IN WITNE55 WH~REOF, the said MORTGAGOR has hereunto set his hand and scal the day and yea flrit afore:ald. ~ j , aled a eflv i presencs of: ~ { . d ~ . •n = ; cse.l~ ~ ~ . 'Sean i t ~ ;~,o ~ sT~re o~ ~toA~o~? ~ ; `1 St. Lucie ~ ~ ' :s { ' COUNTY OF - ' ' ' " George C. Trupp . ~ , fi - hfas rt~ penonally ~pp~arad . . , Anns I+~1_ Trunr~ . . ; i~ - n hi~ wife, to rt?e well known and known to ms to b~ ~ the t~d;vtdwb desuibed tn ~nd who execvted tfis f~eyot~^ lnstrwnent~ ~r?d ~cknowledgad b~fw~ rru that tl»y ex~cvtad tire same for tha purpacet theretn expre.sed. /4,d rh~ ~atd ~nne . 3"rupi~ - wl(~ of tFw ufd ~'i80T'R@ ~'i. Trupp ' upoa a sepantt and prJvat~ ex~mination by rtw t+ken ~eparate and a}~art from her iatd hvsband, ~tknowledgtd lo end before ms th+t ihe executed said Inatrumant frealy ~nd volun~ tuily ~nd withoui ~ny compvlsion, constraint, apprehen ~~on~of ~ear af or from her sald hus . WITNESS my h+nd and oifitial ~eal thii ~ t~ da of ~ ~ y 1 ~ ~~ii~~~~ f ~ ~ . ~ ' • 1 ~l 1 ~~i~~ s Notsry Public In ~nd fw t S~at f~ rid~'~t,t~ry~.•••••,• ~~i ` - R~twn To: ~ . MY Commisfbn ~xplre~: ~ ~ ~ ~ ~ v~ ` FlM~ F.~Sr.~ s+~~n~~ a toan As.oct.,;on 13~ _ ~ = ~ `C ?o~ r4 Of fwt P~erce. J Rottry ~tt!~L~t, 'State o1 flonda et~! p. For~_Pkrca~ Fla)da ~~LED ~ND My Wnra:1~S) CX~~P.S ~~~Zi(fl tO. 19b5 O.~y :.,c~~: ~ - . ' ~ ' ' ~N . , ~~~~t~~F~ r.+~.a ti rr. ~ c~~ ~ ; , b.! p N ~ j _ / • • t/QOK - '••.•••~`,t~ S~,s` i ~ a .~J • `~•.,o~ 1964 p~C 29 p~y ~ , f' ~ . ; , 3: 28 i ri r+~ ~+TO~~'• (-0'I(i~.ri,s~ t ~ ` ~ - ~U~~~ t~R~ , . 3 i. :l ' t' ~ ~t~f~ cour~rr, F10RIUA ~ ~ ~ ~y ~ . ~ ••,~~•.j, • ~ " ~O ( ' . . _ . . . . ' ~ ~ e~ce150 ~ ~i . . . . ~.r~~ . . . . . ~ 1 S . ' ) . • . . ~ . . - - ~ , • ~ • . , , ~ ' _ _ ' ~ \ J . . ' O . ~.rr