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HomeMy WebLinkAbout0774 ~ • ;.:V L To pl+a ~nd ca+tiMwwlY k~P -an tlu bvildinps ~+oW w h.~N~r.? an,.n o~ w~a ~a .~d a, .u .~,~+.m «~d P«,o~.ih oo~««~ ev +~a ~ •p~. vrith all pr«niu«A th~non paid in ful~ fih kawaic~ in tiw ~wal iu~d~rd policy fo~n1, ~n a svrn spprowd b1? th~ MORiGAGEE. ane wind~wns Mawana in th~ wu~l ~tand+rd poGc~? fam~ fn • swn approwd bt? d+~ MORT~iAGEE. In wd+ canP+~Y a~^P+~~ a fh~ MORTC~AtiEE n~? Y dinctt ~nd all fk~ and w&~w~n~ inswana policies oa ~ny of saW b?ild~, any intNat thKNn or pwt tMr~of. in th~ pprp~N wiw ~ a In ~xaa NNn~f. ~Iwll ooMaM t1N u~wl uandard ma~0+~ cl+us~ a wch otlwr dauw a~ tM MoMp+pM ^^+y nq~+~ tM Iw~ w+dK said poli~ e1M, ~.d~ M+d srery. wraM. a aid MORTGAGEE a i» H+~enst nn~r appNi. a~d .ach .nd w.ry s~xfi polk~l sMll b. promptir +a:pe.d ~nd ddlw~.d a .ey h.w by s.id Morttcsl?GEE aa fwd+a s.owihr ro ~tid map+p~ d.b~. .od. na las eh.n t~n po1 day. In .d~?ano. ot ~h~ txpY•tlon ot .aeh po1M?. a da I;vw w s+id MORTGACsEE a newwsl tMnof. tope~Mr whh a no~ipt for tM premium of wch rae~walj and fh~n sM1i b~ no fin a wi~srom~ M~wr+na plaad on airy of aW bvil~, aMr ieter~t tMnin or p~„ tMnof, unle~s in ~Ir iorm'and with tM bss p~ysbb a afw~ids and in tl+~ ~wM any w~ of mon~y b~oo~ea WY~ w~ ~ Pak1? a polici~s said MORTCsACsEE sMll hav~ tM option w naeiw ~nd apply th~ s~n~ on aaoouM o~ tM M~d~btd~ ~p ~~t~ p p p~tmif s~W MpRTW?GORS ~p r~piw ~nd ~a k a a~y put thersof fw otixr purposes, withouf thsrab/ waivinp w imp~ir- 1np +~r ~WitV. li~n a~pht wdK a bp virtw of thts mortpap~s and in tM ~wnt aid MORTGI?GORS ~h+ll fw srq? nswn f~N fo kwp 1M wid prMniws a t~aw+d. o? fsp w d~llva P~anWb ~nY of ~aW poliei~s of insunew to said MORTGAGEE. or r.si P.o~,ry w P.r wih +~n? w.~+~ +~+•••rw « in snp nip~ct fsq b pwfam. ~x~cw~ ~fhct. oon~pl~t~. canPM wi~h and ~Wd~ by N~ia cow~+nt, or aey part huwf. safd MORTGAGEE m~y pl~ ~nd P+Y 1a wd~ irwano~ a~? P~rt tl~eof withw~ w+Ninp ot afhtthp ~n1? option~ ~4 ~h?. or ripht w~d~~ or by vhAi~ of thi~ Morp+p~. and tht fuN amowW of Nch M+d twrY ~ WY~^t sh+ll b~ ~rwdi+tetl? dw +nd WY~bb and aMll bsu Wa~si from th~ d~n tl~wf until psW M th~ wa ol nin~ pM antwe pa amwm ~nd MpttFwr with wd~ inMat ihall b~ a~cw~d bf? tl~ li~n of tN~ faort~ap~. 1. ~io p~rn~ aam+h a wffM ~+o wasb. 4mPs~rtw^t a detwiontion of ~sid prop~rty w a~Y p+~t thNwf• S. To pay dl ~nd ~Yipul~r th~.cah. clw~s a~d ~xq^~s. 6~h~dinp • reasoe~ble anornty's fN and aosts of abanaeti of htl~. kKwnd w p+W at •ny tkn~ by wid MORTGAGEE. b~caw~ or in tM ~wnt d th~ failun on tM p~rt of tM satd MORT(3AfsOR fo duly. P+a^PMi and fv11y pufwn~, d'ach+r~ ~x~cut~. effw. oanDl~tt~, aomplr wi~h and abid~ bl? ad~ ~nd wKp tM stqwlatio~a. +Oname^~. conditioro. u~d oowmnn of w~d praniswry rwN and tl+b morp+p~ ~nY or ~itlw. aed said aoats. th~s +^d ~xpw~ws. tad~ ud ew~y. sMll b~ Ynm~daNly dw and p~raW~t whetMr w rat tMr~ b~ notici d~ maeel. +tl~mpt to oolbet a wlt PN~dt^ps and tM tvll amount of wch and wKY s~d~ WY~~ ~1 bear intans~ fron+ tM dat~ tMr~of until p~id N tht. rate of nin~ pK osntwn pu airwms and.aU srid oMb. cMr~s uid expemes teKwnd o? W1d. ~op~~h~t with suth inNr~t, ihall b~ s~cund by ti» li~n oi 1Fw enort~~D!. ~ Y(wt W in' 4h~ w~nt of any bnach of N~is Mortpa~ or default on tM part of th~ MORTGAGOR, or (b) ie tM ~wm e+y of wid wms of nwM) F~~in nf«nd ro be not primpny and fuly p~id wi~h~n thirty (3~ d+ys nex~ sha ~M sam. s.rerai~y becan. dw .nd payabf.. wlMout dem~nd o? notict. or (d in th~ ~v~nt ~ch ~nd ~wry Me ~Npul~tiom. +p?ee~ne^», co~+dttions and aov~nn of ss~d pranissory ~wt: and th~a morq+~ anp or Ntha an ao1 iuN. P~Y and fvlly puform~d. discharped, ~aecvted. eHicted, campt~ted, oornP~ied with aed ~bided b1?, than in eitM~ or u?y wch ~wnt tM wid ~g p~~yq wm nwaiawd in ~id pranissay not~ tMn rem~inkg veW~d, with intenst aauu~d. and ~11 marrs a~cwed I~eby. shdl baao.~ dw and WY ~pl~ {athwid~, a th~rNfqr. at th~ option of said MORTGAGEE, a fully and compl~tely a ff aIl of tM ssid swm of nwner wen aipiMllr stipul~ted ro b. p.id on wd+ d~y. +mtAinp in said promasory ~+oN or in this Mo.+Qaye ro rM contrary ~wtwithsr•ndinp: .od rMre~,pon o? thueshp ~t rM op~ion of ~aid 1MORTGAGEE. without eotic~ a dnn~+d, wit ~t la~v or in puity. therefon a thareafter be~un~ m~y be prosecvted a if all momys s~wnd hKeby ~,ad m.nrnd prior ro in i+urinnion. 7. 11W in th~ ~ve+?t tl»t at th~ beylnninp of or st ~ny tim~ pa+dirg ~oy wit vpon lhis Morty+pe, a to foracbw H, or to nfonn h, o~ to ~nfwa paynwnt of any dainy hKeunder, uid MORTGACaEE shall ~pply to the Courf haviny juradiNion thereof for tla ~ppantment of ~ Reteiva~, svch Cowt shal? fortFiwith appoint a nosiwr of said matpaped propMy ~11 ~nd sirgular, includuep all and si~yu~ar tM incbrt~e. profits, issws snt! rtvenws from whatevK ~a,.p d~r;v~d, exh and ~very uf wh;ch, it be;np ~xpressly unders~ood. is hereby mo.tyaped u if spacifically set forth aod desc~ibed in tM yr~ntinp snd h~b~~dvm cl~us~s h~reof. ~nd such Reaeive~ shall Mw ~II tM broid and effeetive fimctaos and powea in anywise enuusted by ~ Covrt to a Recaivsr. and s,xh ~ppptntm~?t sh~ll b~ ee~d~ by wd+ Court as sn ~nitted eq~ity and s metter of ~bsdute ripht to said MORTGACaEE, uid without r~fererwe ta th~ ~d~quac~r a inadequacy of th~ vsl~ of th~ p.Ops.ty mwtgs~ed or ro the sohrency o? inso~wncY of ~aid MORTGAGOR or the defenda~b, and that svch ~ renta„ profits, irwome, iuws +nd reverwes sh+ll b~ spplied by such Receiver accordinq w the li~n or puity of said MORTGAGEE and the practioe of such Cowf. + e. To duly, pranpNy a~d fvllp p~rforen, ~schar~, execute. effed, complete, comply with snd abide by ead~ and evKy ths stipulatioos, aQreernenb. cond'niar ~nd coven~nn in s+id procniuory nots and this mortpsgt set forth. 9. Th~t in th~ ~wr?t the ownership of ths mortg~ed premis~s, or ~+y paA thereof, becomes vested ln a penon othe? thsn th~ MORTGAGOR. th~ MORTGAGEE, its wccessors and auipro, m+y, witlw~t eatrce to the MORTGAOR, deal with iuch wccessor a wccessor in interest with reference to this mortpap~ and tM debt hersbp sec~xed in the sune manner as with Mortgsgor witFqut in a+y way vitiatiny w discMrpinp the Ahwtg~gors' liability h~n- und~r p ~ipw~ th~ debt hereby setured. No ssle of the premises herebY mortgaped and ra forbear~nce on ths put of tht MORTGAGEE a ita suaeswra or augns and no exteroion of the time fw the psyment of the deM hereby sccured yiven by the MORTGA('aEE or its wcoasws or usiyns, sh+ll opewt~ ro nleas~, datlwy~, nadify ch+np~ o? affect the oriyir?+1 INb~Gty of tl+~ MORTGAGOR herein, either in whole or in p~rt. 10. N is tpedfically apreed tfi~t tim~ is of the essence of this cw?trad and fhat ~+o waiver of my obl'gstao MrNxider or of the oblip+tion ~r a;rod h~nby sh~ll at any tim~ then~fNr b~ held to be a wa'ner of tMe terna hereof or of the irotrvment seaired herby. 11. In additan to the forego:n~ monthFy payments of princ'p~l and interest rcquired by the proen'~sswy eote secured hereby, mort~apw cove~+nb a~d apra~s to pay ro•nwrty+qee wi?h'e~ch montfdy'payment an add~rioeut wm es~imated by mortgagee to be equal ro 1/12 of the annwl coat of the follow- eng: A-AU real p~operty tsXes kvid a a~ssed ay~inst tl+e sbove de~cribed real ptate. . . ' . . d-Promiums on fire and windstorm inwrance as herein requKed fo be ur~ied on the improvemenn situate on the sbove described premises. C-Premiunu on s4ch morty+pe 9wranty,irrsurance u mwtgapee shsll fran time to time deam fit to cury on tl~ bsn;secu~r~d hereby. Morty~gee shill from tim~ to tune notify matgagor in writirg' of the amount due snd psyable hereue+der ~nd iuch wm shall there~pon bs due and ~ payable on tiw d~e date of th~ next monthly payment and each successive momh thereafter until mortgsgee shall notify mortysgor of a thanye in wd~ f •mounf. $uch sums shall be sppiied by mortya9ee toward the paym~nf of real properfy taxes, iraurance premcums, ard mortysye 9wranty insuranc~ W IN WITNESS WHEREOF~ th4 s+id MORTGAGOR Ms he?euMO tet his hand and se~l the day and yeu first afora~sid. Sipn Swld ~n dell ~d in the pr~s~no~ of: ~ ~ 1 ~ n . • ~ , A STATE OF FIORIDA ! COUNiY OF SL • UIC~! i SS. w . . ~ ~ ~~py Joa~pb F. Riqatti ~ ,,,d ~ Anw Riqalt~ hia wHe, to m~ vwll known and knowo to me to b~ ~ tM 4~dividwb daa~d ln and wlw uawted th~ for~oirg instrument, and ackrawtadped b~Fon rew that tF~ty ~xacvtad the sam~ for th~ purpossa ~ ~ Anna Ri9atti ; wif~ of ,.id Jostph R. Riqatti upa, .,.p,,.,. ,nd pri,,.,. ~ ~s+miiwtion bp nM tak~n ~ep~rNe uid ~p+~t from Mr s+W Iw~b+nd. ~duwwledpcd w~nd befw~ m~ tMt sh~ ~xsaut~! said 'wnUwnent frKly ~nd voluo- taiy ~nd withwl ~rqr aa~pubion. constraim, ~pnhen~+o~, w ar of or f.om Fia wid hu~band. , ~ WtTNESS mf? h.nd ad aff'Ki.! w,l thta_~ d~y of A at A. D. 19 68 ary Pubtk in ~nd ta tM Sa» of Fbrid~ ~t larp~ My comrni.sioe .upi..a R~1w+i T~ • "~t~~~~;itsx;.;,~~,~.. l1~~ry P~b~C. St~e oI FIO~idi at Lar~ ww f.d.nl swinp. a to.n A..oc;,t~o~ ~ j a`.~ , ~oAmisfloQ ~ E~pMMS S~. 23. 1969 Of fat PMra. - 'v ~o~M~ b A~wIW iW ~ CrMrf G. fOtf ~it~tl, ilOtida ~ ' . ~ ~ • `v ~ . . y, ' r' FILEO ANp RECORDED ST. LUCIE COUNTY F ' This instrument prep,red by ~ " ='J = , : AE CORD V ~ lA. fllSt fldNi~ $>Y. di L08D ASStI. ~s, '•~,?;1L4Q ERIFI D . ~,1i~ ' .~s~'~~ ~ f Fort _ , ' . ? . . ! _ ~ '68 A~?C 23 Aq 9 : y5 By • ; , . , . . , . . CIERK C RCUIT COURT - ~ ooKi73 ~ 76'~ jj , ~ 5 ! 7 : _ ~ ~ { '"S_