HomeMy WebLinkAbout1397 To ptac~ ~nd oontirwously kMp on th~ b~~ldinps eww a MreafMr utu~h on said land and on ~11 p~ipm~M u~d pasa+ally oowr~d by thli morp~
ap~, with ~N pnmiwM tlw~wn p~id in ful1, ~ih inwranc~ in ~h~ ufwl frwdard policy form, in • iwn app+owd bY fM A~10RiGAGEE. a~d wind~to.m
Ya~wanot tn th~ vswl ua+dud polccy farn, in • wm +pp~owd by tM MORTGAGEE. in wch canpanY a compani~s u tM N?ORTGACsEE e++y
~i ~nd ~II fin ~nd windaonn ir?sw~na Pc1icK~ on ~ny of fald b11IIdiROf. My GlflfNl tFN~l~fl OI Qif1 1Mf~0{, i~ th~ +p~rp~r~ wT ~fu~said a
In ~xpq tM?~of, ~11 contain rM wual sfandr-d mor~q~ge~ clavs~ or i~?ch otlwr ds~m ~s tM Morrpa~ may rpvin. makinp dw bss w~ s+~d pdF
ciN, ~ach and ~wry. p+Yabl~ w said MORTGAGEE a in interest n?ay ~pp~ar. and each and every such policy ~hsll b~ promptly ui:yned ~nd d~livK~d ro
~ny h~W b~? Nid MORTGAGEE ~t fur11+N secvtitr to faW ma~y~ d~bt, ~nd, not I~ss tMn tH? (101 d+ri io +dv+oc~ of t!M expir~tia? of ~ach poliq. ro dr
liv~? b wW MORTGJIGEE • ne~twN tMnof, top~~Fwr with a rtce~pt tw ~ht prtmiwn of wch r~ntwal; and then sh~11 b~ ra fin or windstam insw~~c~
plapd on any of said buiWinps. ~ny fnt~nsl tM*~~n a psrt th~r~of, unless io th~ fwm and wi~h ti+~ loss payabl~ as ~for~said: ~nd in th~ ~wnt any wm
of momy b~corm~ p~yaW~ wd~ wd~ polky a polici~s a+id MORTGAGEE shall I+~w ~M optton ro~.uive .nd apply ~M s•m~ on acca,~~ ot ~M indebted-
nas wcw~d hK~by o~ b pKmit s~id MORTCrAGORS ro reoeiw ~nd u~ h w any parl tFKreof fa o~her pu~poses. wi~hout thereb~ waivi~~g or impair-
tnp any pvity. li~n w ripht w+d~~ or by virtw of this mortya~; and in tM ~wnt s~id MORTGAGORS ~all for My reason fail to keep tM aid pran~ses so
hrw~d, o~ f~il b d~liwr p?omptly ~ny of aid policiws of inurranc~ to taid MORTGAGEE. or f~il promptly to pay fully ~ny premium thereia a in any
nspKf fail 1o pafor~, dischupe, ex~wt~, ~ffect, tompl~te, t.ort~ply with ~nd ~bid~ Eyr iFw ~ve~nt, a~y pa~r herwf, said MORTGAGEE may p~ac~ +~+d
paY for wd+ iiaurarw~ or any part N»nof without w~ivinp or ~ffectinp any option, li~n, pvity. o~ riyh~ w+dK or by virtw oi ?hi~ Mortpspe. ~nd tM
ivll amo~nt of ~ath ~rd wKy wd~ p+ymant sh~ll be ia~mediat~y dut u~d psyabls u~d sMll b~ar iattre~t hom tM dat~ thereof until paid at the rat~ of
ein~ pK ou~tum p~r ~ and ropeti»r with such inraeit thalt be aacvred by tM li~n of this mat9+~e.
4. To p~rmtt, opn~lt or wffN eo w~at~. imp~km~nt w detaioratan of said properry or ~ny put the~eof.
S. To pay all and ~irg~lsr th~ costs, charp~i u+d expense~, inclvdirg s rsasonabl~ attwney's fe~ and cosri of ~bstracts of title. incwr~d w psid ~t
any finN by s~id MORiGAGEE, b~ca~ss w in th~ ~wnt of ths isilw~ on tM put of tM said N10RTGAGOR w duly. promptly and fully p~riorm, dixhug~.
~z~cvq. ~ff~q. complN~, comply with and ~bide by ~ach and evtry the itipvlarioni, apreernenn, condir~o~s, and cown~nn of said promiuory na~ and ~hii
matpa~ any or ~ithN. uid uid costa, char9es ~nd ~xpenses, e~ch and ev~ry. aMll b~ kmn~diately due ~nd payablej wF~eihe~ w not ther~ be ratice dr
rt~~nd, atfempt to oolled ot wit p~nd'inpt +nd tM ~ull a~rwunl of sach ~nd wery wch p~yment shall bear interKt from tM date therwf until p~id at tM
raro of nirr psr oentum per aewwm; and all said cwt~ charp~s and exp~nses ie?nnred a paid. togethar with ~uch inqrNt, sh~ll b~ s~cvr~d by ~M IiM of tfia
'nor~Ypw
b. That in th~ ~wnt of ~ny breach of tha Mortyay~ w defsult on th~ p~A of tM MORTGAGOR, or (b) in ths ~vent aoy of s~id wna of mor?sy
Mr~In nhn~d 1o b~ not prompHy ~nd fully p~id wi?hin thirry (30) days nex~ afte? the same severally bacan~ dut ~nd payabk, wi~hout demand o~ notice,
or W tn the ~v~nt each and ewry th~ stip~lations, sg~eemenb, conditions snd coven+nn of s+~d promiuory note u~d th~s mortpa~s any or either +re nol
*?ly. prompttp ~nd fvly perionned, dischar~ed, executed. ~ffected, compkted, complied wirh and abided by, tMn in eitMr or any wch ewnt tM s~id ap~
prp~t~ wm m~ntion~d in s~id ptomiuoty oote then remainirg ~npaid, with interest atuued. u~d all moneys secvrad. hereby. shall becomt dw ud p~y~
~bl~ forthwith, w tl~eaftK, ~t the option of said MORTGAGEE, ss fully and completely as if alt of the said sunr of nwney were agin~tly stipul~ted
to b~ paid on such dsY. ~+ythinp in said prom~uory note w in tha Mwt9sye to the contrary notwithst~~+dinp; ~nd thawpon w thereafta al tht op~ion of
s~id MORTGAGEE. wittaut notip o~ d~marnl, wit at law or in equity, tF~eforo or tFweafter be9un, may be prosecuted u if ~II moneys s~cvred hereby
h.d nwnrhd Prior ro in i~utirution.
7. Th~t in tM ~vent tMt ~t tM beginninp of or at ~ny t~me peo~linp sny wit upon this Mortgspt, w to forsclos~ it, a to mfwm it, a to enforp
payrnent of any daims hereunder, s~id MORiGAGEE ihall ~ppy to ~he Caxt Mving jwisdKta~ thereof iw tM +ppointme~t of • Receiver. such Court shall
forthwNh appoint : hteiwr of sai~ mwty~Q~d property all and si~gul~?, indvd~ny alf end singul~r the incwrN, prof~ts, iu~?es and rewnues fran whatev~r
wwp deriwd. ~sch ud ~very o# wliich,, it beirq ~xpreuly understood. is hereby mortgsged ss if spec~`icatly set fwth and desuibed in the pranting and
Mb~ndwn d~vNS hereof, and wch Reaeiwr shall have ~U the broad and effective funct~ons and powen in a~ywise entrusted by ~ Court tq ~ Receive~, and ~
such ~ppointment shall b~ made by wcF~ Cowt ~s an admitted eqvity snd ~ matter of absolute rigM ro said MORiGAGEE, and without reference ro ths ,
ad~qvacy or in~dequacy of ths v~l~e of the property mwtg~yed or to the solvency w insolvency of said MORiGAGOR w tl+e defendants, and that such
r~t. profits, Income, ipues and revenues ahall be applied by such Receiver aawdinp to the lien w equity of said MORTGAGEE and the practiu of such i
To duly. P.«~rti ~,d fi,ty p..rwm, d~~..~, execute. effect, compkte. comply with ~nd sbide by ead~ and every ths stipubtiorq, agre~ments,
cor+dtbm ~nd ooven~nn in ~aid pranlsso~y eat~ and this mwtya~e set forth. '
9. ihat in tM wtnt tAe ownenhip of the mortyped premises, a any pirt thereof, becomet vest~d in a p~non other Nwn th~ MORTGAGOR, th~ ~ ~
MORTGAGEE, Iri successors uid ~uiyns, may, withoot notice to the lNORTGAOR, deal with such sucteascr w wot~ssor in interest with nfa~nte to this
mort~p~ ~nd rhe debt hereby set~red 'a~ the same manner as with Mortgsgw without in ~ny way vitiatinp or dixMr~iny the Morty~gws• liability her~-
ur~ w upon tM debt hereby secwed_ No sale of the premixs he.eby mortgaged ~nd no fabeannoe on th~ pan of tM MORTGAGEE w ih wccesson
ot attipro and no extension of the time fo~ the psymem of the dcbt hereby secured given by ~he MORTGAGEE or in s~ccssso~s o~ ass~gm, ,MII opera~~
to rN~at~, discha~, modify ch~rge w affect the original liabiliry of the NIORTGAGOR herein, either in wFale w In psrt.
10. It b specificdly apreed thst time is of the essence of this contract and that no waiver of any obligsYwn hereu~ or of the oblipation sa
and hereby sl+all at any t~me the?e~her be held to be a waive. of the terms hereof a of tM instrument secured haby.
11. In additan to the fotego:ng monthly paymmts of p~inc'pal aod interest reqvired by the promissory nore secured hereby, matgsgor tovtnants
and apr~es to p~y to mortgagee with each monthly payment an add~tional sum est~mared by mortgagee to be eqwl to 1/!2 of the annval cost of ths follow-
~
A-All real property hxes kvied w sssessed against the above dewibed real estata ~
8-Premiums on fire a~d windstorm inwrance as herein requ~red to be carried on the improvemenri situate on the above described premises. ~
C-Premivms on such mortgage gwnnty insursnce as mortgagee shall from t~me ro time deem fit to carry on the loan secured hereby.
Mortgsgee sf~all from time to tirrK notify mortgagor in writ7ng of the amount dve and payable hereu~der and such sum shall thereupon be due and
pay~ble on the due date of the next monthly payment and each successive month thereafter ur.til mortgsgee sh~ll notify mortgagor of • change in such
emo~nt. Such sums shall be applied by matgagee towa.d the payment of real property taxes, insursnce prem+ums, and mutgage gwrmfy insurance
Pramiums• ~
WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand snd seal the day snd year fint ~iwesaid.
led ed in ths presence of: '
• n
~ ~ n
n
STATE OF FLORIDA 1 ~
courrnr of St _ Lucie ,
e.to~.m.~uy.~.ea EdWard F. Msillaro ,,,d
$e1+ri~ ee Meillaro, H180 ~C110Nt1 88 Berneee Maillero his wife, to me well known end known ro m~ ro M
the individwb dertrib~d in and who exewted tM for rg irutrumeM and kdged bef e me that the x the sarrw fw the purpo~es
~,.,~.,~P,,,,~, ,~„d Bernice Mei~laro a~eo ~wn as ~ernece '~'a~~ero
w;f. ~,f,~ Nw Edwe rd F. Ma a ro . , ~~t _ ~~.f.
examin~tio~ by me hken se rate and a f~om Fror sa3d husband, u~.. ~
pa p+rf adu~owledped fo and before me 1F~aT she executed s~id`•, ~d volvn- i
rarily and witliout any compubio~, constraint, apprehension, or feu of w from her said Fw ' ° ~~0
- L \'Y
WRNESS my h+nd and official seal this ~ Z•'~b• day of JU1 ~i ,~.~v
~,~9 66
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My Commiuion sxpirffi ^ ~ 1~~ ~ ~
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Retum Ta. = ~
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First F~du~l Savinps 8 lo~n Aswciation Q ~ ~~i ' O~
Of Fort Pterte. ~~C+~~ F~~ NOIARY PUBUC. STATE Of fldRlflt~l~lR~s
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fort Pierce. Fbrids P
N~ J~ G~ Y
Y COMMISSIOfl D(PIRES APRr, 21~
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