HomeMy WebLinkAbout1727 J. To p2~ce and cont~nwusly ktrp o:~ :•~a bu~'d:~+gti no•~. a hcreal!s~ ?,~~au on s~'d land and on all eqo~pn+ent and ps~sa~ally cownd by tly~ matQ~
eg~. wi~h all premiums ~hrrcon pa.d .n 1~!1, t~rr +as,.ro~+ia ~n ~Ix ~sva{ sran~ard po:~c~ lam, in • wm approred by tF+e MUR1iaAGEE. a~d wiadstun?
~nswance in the uwsl ~~anda.d pot.c~ fam, in a w~+ .+Fp+oyrd b~ :hs MARiGAGEE. in ~uch company or ca++p+~.~s as ~M MORiGAGEE may
dnetlp ~nd ~li fire and w:ndstorm inswanta po:~: rs o.~ any of aaid bu~~d~rgs, any i~a~rsst Ihtrein ot put thereo(, in th~ aggregat~ ~wn dottNid a
ia ~aceu ~hercof, shali con~ain thc vsusl star.dard •+a+y.~-i~ c:a:se N s~ch o~hrr clsvse as rM N~on~a~ may requ~r~. Rak~np t1K bu und« sa~d pd~
c~es. eacA and every, paYable to sa~d At~,RIGAGEE as ~~s ~n~ar.•~~ may appea?, a~x! each and e~e~y such po~.cy shai. be {uomPUY +u 9"~ +"d ~~'vtred to
any held by sa~d MORIGAGEE as f~r~i~er eccwitv ~o aa;d mo:tg,?~e dob~, and, oo~ Iru ~hs~ ~en (10) davs in advar.ce of th~ eap~ration af exh po1Ky, to d~-
I~~e~ to said MORiGAGFE + rrnewal tnerrof, togerher N~~Th a rrce~pt fw thr p~rm~um of :uch renewal; and ther~ shail be no f:r~ w windstam i~swa~c~
plac~d on any oi sa~d build~~gs, any :nterest there~n a part ~hcreof, unlru ~n ihe torm and w~~h fM bss paY+b~e u afuesaid; and ie the ev~nt any swn
of ~noney bccornes paY+tlr ur.de~ such pol~~y or pol~c~rs aeid MORTGAGEE shalt have ihe oprion to rete~ve ard apply the san+s on +ua++N ot the ir~debted~
r.ess secured he~eby w ro permit sa~d MORiGAGOAS to rrcei~•e and us~ it w any part ~he:eof la otn~r purposrs, ~vatw.it ~ha.rbt wai•ing w~mp+~~'
ing any equ~'/, fM or right under or by v~rwe of ihis mo-e~ege: and ~n the even~ ta~d MQRTGAGORS shall for a~y re.~son fail w keep the sa7d prtmius so
~~sv~ed, w fait to drliver p:orr~tly a~y of s~~d pol~G~s of insurance to si~d MORTC-AGEE, or fai! promptly to pay fully any prem~um the~efw a ie~ ~ny
r~sFect lail to perfwm, oischarge, eaecute, efFect, comolete, co~~~ply with and ab+de by this covc.+ant, w sny ;vrt hNeof, ssid MORTGAGEE may p~~ce +~d
pay 1w s~~ch inw~ance or a~y p+rt thereof wi~houl waiw..: a affectiry any optwn, lien, equity, a rigM unda a by virtut of +Ais ARartgage. and the
f„II amount of each and every suCh f1aYm2~! shall be immcd'utely due and payabte and shall beu inlcrest from th~ daTe thaeof u~tif pa:d at ths ~ate ol
~~ne p.w cemum {xr ann:,m and tu~ethrr ~+nh such inserest sna~i irr srcured by the f n of this matgsge.
~ i. T~ permit, tommit or sufier ~a was~e, impairnitnt w deter+oration of sa:d property o? a~y part the:eof.
To pay all a~d s;r+gu~a~ ~he costs, cnergrs and eaprnses, in:fudirg a reasonable attaney's fee and costs of abstracts o~ fitle, iacurrad o~ psid +1
any timE by sa:d MC1t!GAGfE, because o~ in the event of the fa~lure on the pa~t of ~he uid IAORIGAGOR ro duly, promptly ~nd fvtly perform, d~xiwg4
~xc:ute, efiecr, comptete, cwnply w~tn and ab:dr. by each and every the stiputat~ons, agrer~~ents. conditions, and covsnants o~ sud prom~sswY not~ u+d thit
~::yege any w e~rhor, and sa:d cosn, charges and expensrs, each and e~ery, shall be imrred~aeefy due and payable; whethe~ w no~ the~e te r.otite da
mand, attempt to collect u suit pend~ng; and the full amounl of sach and erery such payment shall bea. interest from fhe date thercof unfil paid at the
of n:ne per crntvm pe~ an~~u:n; and af~ said cosli charges and ezy~~ses ~ncurred u paid, togather w~th such interes4 slull be seculed by the liee of 1Fw
morlp~Q. ~
6. That (sJ in the eve~t of any b~each of this tilortgage w ~efa~lt on the part of the MORIGAGOR, w b) in the event ~ny of said swes cf money
herzin roferred to be no~ prornptly end iutly paid within Ihaty (30) days next aTter the same uvmally becoma due u~d p+yab~e, witFWO• demand O? oo~ice. -
c. ic) ir. ihe event each and eve~y the stiFw'arions, agreemenrs. co~d~tions and covenants of ss:d promisso~y note and this mwtgage sn~ a either +n oa
iuly, prompety and iully periormed, d~uharged, e~iacuted. eifected, completed, complied w~~h and ab~ded by. ~hM in eithe~ or ~ny such event tM said
ar,~gate :um mentioned in said promisswy note then re+nalning unpaid, with i~tere;l atcrued, and al! moneys ~acured hereby, shall become dw and pay-
~o e forehw~~h, a il+ereafter, a~ the opt~on of se]d A10RTGAGEE, a: fu~ly arcJ comp!e~ely as if aIl of the said svms of money wero wginally sNpulated
so br pa:d on such day, anything in sa:d pro:n~sso~y note or in this Mwtgage to the contrary notwithstanding; ai?d thereupon or thereafte~ +t the option of
sa.d MilxitiAGEE, without nonce or demand, sui? at law w in equ~ty, therefore N thereafier begun, may be prosetWtd as if all nqoeys setu~ed haeby
r._d matured pnw to as ins~itutron. ~
7. That ~n the event ~hae at the beg~n~~ng of or at any time pending any su~t upo~ this M«tgage, a fo fwecbss it, w to re~o~m it, or fo enforp
c.~,rnent of any claims hereunder, said MORTGAGEE shall apply to the Cou.t ha~ing jur~~d:cr~on fl,ereof fo~ ~he appo~ntment of ~ Recr'vr., such Court shall
i. : thwirh appoint a receiver of sa;d mortgaged properry a0 and sin9~lar, includ~ng ail and singular the income, prolib, issues snd rewnusi (rom whaNver
s::.~~ce tivived. each and every of which, jt be~ng 4xpressly understood, is hereby morrgaged as if spec~(iully set forth ~nd destribed in tht pranting and
t~~,endvm c:auses hereoF, arid lvch tieceiYer !l+~N h2de a4.~he b~oad a~d efiect;re funct,ons arxl powcrs in anywise entrusted by a Court tp ~ Receiver, and
s. ch appoinrment shall be made by such Co~1rt as an adm~ued oquiry aod a matta of absol~te rigbt to said MORTGAGEE, ~nd without refe~enc~ ro th~
_::_a;,acy a inadeqoacy of the value ti the prop_wty mortgaged w to ~hr so~varxy w inso~Yency of said MORTGAGOR or 1he deferwann, and ~hat such
_ s, profits, incane, ~ssues and re~enues shail be appiird 'oy such Receiver accwd+ng to the ~ien or equity of said AhORTGAGEE and the prxt~te of suth
Court_
8. To duly, prompNy and futly perform, d~scharge, execute, eficct, complete, comply w~th and ~bide by each u+d every tF?e stipulations, agre«TSnri, ~
:ond~rions and covenan~s in sa~d promissory nore and this martgage set fwth.
I
9_ That i~i the event th~ ownership of the mortgaged p~emises, w any part thereof, becomes vested ie a penon other lhan the MORTGAGOR, the
JRTGaGEE, its successws and assigns, may, wi~hout norice to the l.tiORTGtiOR, deal with such successw o? wccessor io ~nterest w~''. referente to this
o~+gage and the d~bt hereby secured in the same manner as with htorrgagw w~tiwut in any way vitiatirg or diuharging t~ ~•:wr~gagors' liability hert .
_ ~~~r or upo~ the deot hereby secured. No sale of t1.e premis?s hereby mortgaged and no forbearance on the paA of ths MORTGAGEE w its successon
diiigns and no °xtension of the time for the payment of ihe drbt hereby securecl g~ven by the fAORTGAGEE or its suCCessori OI assignf, sha~l Operaf0
ro re~ease, dfscharge, modify change o~ affect the orig~r.al LdO.l~ry of ~he MORiGAGOR herein, e~ther in whole or in part.
10. It is speuf~cally agreed thar r~me is oF the esserxe of fhis contrx~ and that rto waiver of any obGgatron herevnder w of fhe obl'gation sr
c~red hereby shaU at any time thrreairer ~ held to be e waiver of the terms hereof or of the instrument secured he~by.
11. In add:t:o~ to ~he forego"ng monNi!y paym~r.tS of pr~^c pal and- ~nterest requ~red by +he prorn~sswy nose secured hereby, mortgagor covenants
d agrees to pay to mortga~ee ,nith each monrhly payr.ient an add~nonaf svm e:~:mated by mortgsgee to be equal to 1 f 12 oi the annwl cost of the fo!low-
A-All real property ta:rs (e•ned or assessed aga~•:s~ th: abovr desc~i.~,cd rral estate.
B-Premiums on fire and windstorm insurar.ce as i~e:e~n rcqo:red to be tarri~d on the improveme~h situate on the above descri(xd premises.
i -
{ C-Prem~~r..s on such mcrt~age g~aranry ~csura~.ce as ~::o-tgagee shal~ froT t me to tnne oeem fit to carry on the {oan secured hereby.
~ Mortgagee sha'.I frcm time to s~;ne nctif~ rrerty~cr n wnting of ine ar..a;~t doe and paya5le Fereur~rr ar~ such wrn shatl therevpon be due ar~
. ~ble on the doe date of rhe next month:y payme~t and each svccess~ve month thereaft_r uctil mwtga~ee shall notiiy mortgagor of a thange in such
~ o~nt. Such sums sFaIl be aap!ied by mortgagee rowa:d the paym.ent of real property taxes. insurarxe prem:wns, and mortgage gwrsnfy insurance
, •emiUms.
IN WITNESS WHEREOF, the said MORTG~.GOR has here~nto set his hand and seal the day and ar fint sfotesaid. °
Sig Syeayle~d and liv~er n the presence of: ~p `
-,-t?~'-~
~ l-~-~~~L~'~ ~ (i i
r _ an
` - . ~n
~ cs~n
i E OF FLORIDA ~
SS_
~:.UNTY OF ~t
_ Lucie ~
Before me perso~ally appeares~ Nieholas G Snatafora ~~,a
An~ela St~8t8FOI`8 his wife, to me well known and krawn to me to be
_ individuals described in and who executed the foregoing instrument, and ackravvledged before me that they executed the same for the p~rrposes
rh•~•ein expressed. AnJ ihe said Aj~elti .5'j~BtgfOT'8
:.:fe of the sa~d Nieholaa C. .S~Sta~'OT'8 upon a scpuate and private
e.am~nation by me taken separate and apart from her sa;d husband, ackrawledged to and befwe me that she exewted said instrvment freely and volurr
::-~iy and w~thout any compulsan, constraint, apprehens~on, or fear of or from her said husband.
~ f f1 da of A. D. 19~-
N17NESS my hand and official seal this_ ~ y
~ /
. Notary PuWic in and fos the Sute of Florids at tu~e
, . MY Commiuion expires:
Return To: ' . ~ ~ PI~, S~i~! Of p0111~ it ~t
First Federal Savings d~ loan Associat~on ~i~
oF Fo~r P~erce_ ~ _ v:~~~ 11A~r Cas~issioe Expres Stpt. 23, i96S
fart Pierce. Flwic~a ~ _ C:'' ti~'~ F~ a Cnaatr~ Ce-
~ FILED ANO RcCORDED = , i- - i~
~ ST. lUC1E CGJNTY. FLA. " f'• ~ _
~~r,~F~ ~~'"R{~tED -
. ~ - , • •
.
'~6 DEC 8 P~1 2: 56
;
1.50~~~
`U___. . -~Ilr?MS
CLERK•CIRCUIT COURT dQOK160 fa~ 5z5 . j
,
~ , : . - _ _ - - - - -
_ - '
~ . - _
~
_ _ , : . _ ~