HomeMy WebLinkAbout1558 ' • • J . ,
To plao~ u+d conti~wously k~p on tFN buildinps now a hae+ftK Wwat~ on saW land and on ~1~ equ{pm~nt u~d p~o~ully oova~d bY thb nwrb'
p~, with ~II premi~?nA the~eon p++d tn full, fin (euu~u+c~ in tht uiwl suodud policy fonn, ~n ~ sunn approwd by tM MORTGAGEE. a+d wied~ronn
In~wana in th~ wwl standud policy form, in ~ wm ~pprov~d by tM MORTGAGEE, in wch canpu~Y o+ con~xe?ia +s tM MORTG/1f3EE n»y
dinctl and ~II fin ~nd wind~wrm inswana policih on ~ny of i~id blildinQi. ~t1y intKNt tFN~~ir1 Of piff tAH~Of, in tM apprp~~ wm afor~id d~
In ~xoas Merwf, shall oont~in tb~ wwl st~ndud matp~ d+w~ a tuch otha daua a th~ Mortp+~ ~*+Y n4~+in. m+kMp ~I+~ bss under s+id po1F
ci~s, tach and ~vKY. P+Yabl~ w said 1MORTGAGEE ~s ib i~terest may ~ppH?. and ~ach a~d ~vsry wch policy ~hall b~ p?omptly ~ss:9~ed and deliv~red to
•ny h~ld by said MORTGJ~GEE u funhN s~cv.iry to sad mo.~~+pe dcbt. and. no1 IKS than t~n (1~ days in ~dvana of tM ~xptr~tion of ~+d~ pclky, w dr
liwr 1o taid MORiC/?GEE • r~e~ewsl tl+Kwf, top~~hK with • nutp~ fo? tM pnmiwn of such «newalt u+d tl+K~ sh~ll M no fir~ o~ wind~~am inwru~
plsad on My of taid boildinp~, any k?taat tMreie~ a p~rt tMrwf, w?iess tn tFr form'~nd with tFw bts p+y+bl~ as ~fw~s~idj ~nd t~ the ~wnt any wen
of mon~y becana p+Yabb v^dN wd+ PdkY a P~'~'~ ~+'d ~TG!?GEE ih+il haw rh~ option ro r~oeiw and pply tM s+ms on accouM o1 tM ind~bted~
rKSa s~cvr~d 1?K~by a a pKmit said MOItTGAGORS ro nc~iv~ and u~ h a any put tFKreof fw o~he? purpoies, w~rhout the~eb~ waiv:n9 u imp+ir-
irq ~ny puity, lia~ a?ipht w~der a~ by virtw of tt+is mortp+p~: +~d in tM ~vent s~id N10RTGAGORS sMll fa any r~ason faii ro kNp the s~id premtsea so
insw~d, a fail to d~liva promptly ~ny of said policies of irovnnca to said MORTGAGEE. w fail promptly b pay fully any p+~mivm tMnfor w M a~r
nspM f~il b pufan4 dischuy~. execut~, tfhct. compi~te. oomP~Y wi?h +^d +bid~ bY this cow^+nt, w~oy part Mrwf, s~id MORTGAGEE may pt~ce ~nd
P+Y fo? wd~ imwanu w a~y part tMnof without w~lvinp or ~ff~dieg +~Y oPtio~, ~i~n. pu~tY, w ripht vrd~~ a by virtw of this Mortyap~. u?d the
full amouot of exh and ew~Y wcb WYms~t ah~ll b~ Nwrwdut~ly du~ and p~yabb and sh~ll b~a~ intK~st from tM dat~ thKwf until pakJ M tM ~aq oi
nin~ pK c~ntvm pu atMwm and ropetl+K with wtA intenst ~iwli be ~tvnd by 1iN li~n of this Inortyape. ~
1. To p~mJt, aomrdt or wffK no w~sh, knP+kment a deteria~tion d sald propKry w ~ny put tl~rwf.
S. To piy all uid sinpui~r ths'ooats, chuqes ~nd ~xpsns~s. includi^p • r~asonabl~ anan~~/s fee snd oosts of ~bsnacts of titl~, incvn~d w p+id at
any tims by said MORTGAGEE, betaos~ ot in ths went of tM i~ilwe on th~ part of the s~W MORTGAGOR ro duly, p?ompNy u+d fvuY p~rform. d~scl+~.y~
execut~. ~fhd. oompktt. oomply with and ~bid~ by ~sd~ ~nd every th~ stipulationa, preemenu„ conditiaa, and oownants of said pranissory no~e u~d tF?i~
mort~sp~ ~ny o~ atha. and said coaM, d~upes and ~apernes. each snd ~wry, tMll b~ im~e~diat~ly dw snd p~y+bl~t whether or not tMn b~ eotit~ d?
mand, at~eenpt w cdlect a wit p~nd'ings +~d tM fi+ll ~rnoent of ~A and wery wch p~yment sMll bea. intens~ from ~he dat~ ther~of vntil paid ~t th~
rote of nins per atntum per annum: +ad all s~id cdsts, cMrQes aed exp~nses incwnd a paid, topHh~r with wch inNr~st, ~hall b~ sscured by tM li~n of tlw ,
~ro+~
0. TMt (a) i~ th~ ~vent of any breach of this Mort~+p~ w default on tl» put of the MORTGAGOR, o? (b) in tM event aoy of taid swm of narKy ;
l~srein r~ferr~d to bs not ptomptly and fully paid within thirty (30) days nsxt sRer tM sam~ saveralty become du~ and payable. withoW dem~nd o? notice.
or (c~ in tM evMt ~ad~ ud ewry tl+e sKpvlatio~a, agrean~nts, conditipu and tov~n~nts of sa~d promiuwy not~ +nd Uus nw?tp+p~ +nY or ~i~he~ ue ool
iuly. Pra^Pdy u~d fe!h? P~a?m~d, discharped, eaecuted. sftectad, comP~eted, comPlied with and sb'~ded by. then in ~ither w any such ~vem ~Fw said ~g
preg~h wm meMia+~! in said promissory not~ then ram~inin~ unP+id. with inftr~st ~ccr~ed. and all moneys acured hs?ebr: sh~ll becom~ dw ~nd P+Y-
able fOffMM1fI1~ Of fANNIiN~ ~t the option of uid MORTGAGEE. as futly ~nd compl~~ely ~s if ~II of the said wms of mon~y were aipina~ly aripulated
to be paid on such d~y. anythieg in said promissory note w in this Mortpag~ ro tM contrary notwithst~ndinp: aod thereupon o~ there~Ae~ ~t tM option of
uid MORTGAGEE, witFaut notic~ or demand, wi1 at lawr or in puity, ther~fon or thereafar be~~n, m~Y be proaasuted ~s if ~II ena~eya s~cvred Mreby
had matwed prior to in inttitution.
7. Th~t in ths event that at tM beginnin~ of or at any Yime pend'my aoy wit upon this Mort9+ge, w to faeclose H, w to roform It, a to ~nfora
payment of any clsims herei?ndar, s+id MORTGAGEE shall ~pply ro th~ Carrt Mvinp jw~sdiction thereof for the appantment of ~ Receive?. tuch Gouit sh+ll
fortFiwith appoint a receiver of said mortpaged property +II and sinpular. includug sll and sirgvl~~ ~h~ income. profits, issues and rover?ues from wfi~tever
w~rcs derived, e~c!? ~nd ~very of which, it beinp ~xpres~ly unders~ood. is hereby R:o.~gaged u if specifically ~et fath ~nd deacribed in ths yrantinp a~d .
habendum clavses hereof, ~nd such Rec~+va shall Mve +11 the brwd ~nd sffectiw `.::nctwns ~d powen in anywise entnnted by a CW?1 10 a R6ClIVN. and
wch sppointment shall be made by wch Court as an ~dmitt~d equity and ~ m+tta of absolute right to said MORIGAGEE, snd without rofaence to ths
adequacy o~ insdcqwcy of ths valw of the prbperty mwty~ped or ~o tha wwency o? ~nsohrency of s~id MORJGAGOR or the defendants, snd that such
renrs, profib, incane, iuues and r~venues sl+all be applied by wd+ Receive+ accordinp to th~ lisn or puity of said MORTGAGEE snd the pr+ctice of s~ch
Court. . .
8. To duly, promptly u~d fully pKform, dixMrpe, execut~, effect, complete, camplY with and aWd~ by wcfi ~nd~aty the stipulataro, agreemenb, s
conditions and covenants in said promissory not~ and this mortyage set fwth. , , , i
9. That in Nw event the ownership of the mortgayed premises, w amr part thenof, b~cornes wsted • penon other tlun the MORTGAGOR, ths i
MORTGAGEE, iri wccetsors and assigns, may, withwt'notiu to the MORTGAOR, dealtivith wch waessor a successor in inte?est with reference to tha
morty~pe and the debt hertby seturtd in the same msnner u with Mwtgsgor witFaut in any way viti~tirg or d'~scharping tFK Mort9agors' liabiliry h~re-
unckr or upon the debt hereby secured. No sala of the premises hercby mortgayed ~nd no forbe~r~nce on tM psrt of the MORTGAGEE w i» successors
w auigro ~~d no extensan of the r'~me fw the payment of the debt hereby secured given by the MORTGAGEE or in s~cusso~s qr eisiyns, shall operats
ro release, discharpe, modify ch~nge w affect the wiginal lisbility of the MORTGAGOR Mrein, either in whob or in part. '
10. It is speNficslly agreed that time is of the esscnce of th~s contract and that no wiwer of any obl'g~Yan hereuntkr ot of.tfie obliqation se-
a.red hereby ah+ll st any time thrresfier be held to be + waiver of the terms hereof or of the k?strument secvred herby. ~
addition to the fwego:ng monthly payments of princ:pDl and interest required by tF?e pran'
and ~grees to pa ee with eath monthly payment sn addirionsl wm estimated by equal to 1/12 of the annual cost of the fol{ow- i
ing: ~
A-All real property taxes kvied w assessed aga~ ibed real estste.
B-Premiums on fire and windsto~m insvr tin reqv~red to n the. improvemenri sitwte on fhe above deWibed premises. -
C-PremiurrK on uKh mort ranty i~surance as mortgsgee shall from time to bm fit to csrry on the loan secured hereby.
Mortgsgee shall ~me to time notify mortgsgor in writing of the amoynt due and payable~nd h wm shaU thereupon be due and
I payable on date of the next monthly payment and exh successive mo~th tl+ereafte? until mortgsgee shsll notify nar change in such
~ am~ uch wms shall be applied b~ mwtgspee toward the payment of real property texes, inwnnte prem:ums, and mwtgaye guaran ance
rertiiuml.
~ IN WITNE 6REOF, the s+id MORTGAGOR has hereunto set his hand and seal the day snd year fint aforesaid.
~ Sip~ad, ed ~ of:
~ . ; . ~
~ , ' r ~a~ i
~ ~--n
STATE OF fIORIDA 1 :
~ St. Lucie ~
~fa. P.~,p~,~~y ,~p.,,~ Anthony Selitte ~ a widower ~
~~w ro me well knawn and known to me to b~
the individwhr desuibed in ~nd who executed tF~s fwegoirg instrument, and acknowkdged before me that ~herexecuted th~ same tot the purposes
~ rF+erein ~xpressad. ~1w~!l~++k}~
~
wcw~iw~~iow•b~ww spee*~+en~*er~1~1~w++dt+du+o+~ledyed'~w+bbri~~rn~f!?o~llM~exlte~ed~s~id~6+t~ ai+a~ele~ t
wily.ard~itdorL~.:~
-.~::,~n.~~raiW,.y~r~heosi~q.s~.ia~~i.a.irniwsrid.~Fw~bn~.. .
WRNESS my Mnd snd official seal this ,~~/K day J A. D. 19
s~ ~ -
~ Not~ Publk ie and for the Sut~ of Flor~ ~t ~tryp f,
~ _ My Con+missan espires: .
~ Rdvm Ta ` , •
~ first Federa) S~virgs i loan /lssociaYar? • • " • - : n'`~ ~
~ of F«~ vK.«. FIlEO AND RECOR~4f1r PuBUC: sTA~ ot ~t.ot~~A at W!A[~ : t~C' ~ v U~:'
~ Fort Pitrte, Fbrida ST. LUCIE COUNTY,M~LUD~MISSION DIPIRES NOY. 29. 1~' = CJ _
~ ~ ^ r; ~ ~ ! ~NDW 7XROYOM fitED 7/. D~tlit~NO~R .d - C~ •
~ . ~ -i-~?8a.~rJ"7 , ` ' f~, •
<
'68 J!; L. ' ~ ~ ~ • f~ L • . • _ r ~ `
This instrument prepared b~
~ First federal Sav. & loan Assn.
of F tt Pi .~U',L'+? ~=urTi?NS
CLERK CIRCUIT COURT
~
Boo~172 F'~iCE1552 . .
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_ - ry _tirs K.~ ~ _ . . _ - - - - - - - --s- - . = Y Ky~--
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