Loading...
HomeMy WebLinkAbout2930 . . f ~ i~, p . } ~ . To plaa ~nd contirnwusly ke~p on th~ buiidinps now a l+a~+ftK ~itv~t~ on saW land and o~ ~II equipm~et aod pKanally cownd by this matp~ ay~. with all pnmiums ~hK~on paid in fvll. fin i~w~nc~ in th~ usu+l ~Nrwfud policy fam, tn s ium ~pprowd bY ths MORTGAGEE. aad windstam insw~nc~ in tM uswl ~tanda~d poiicy fam, ia • w+n approvad by tM MORiGAGEE, in wcA comp~ey a cvmpanies as th~ MORTGAGEE m+y dirMt K+d all fir~ ~nd wi~dstwm insura~ polkcss on any of s+id buikl~nps. ~ny inMrpt II+H~in w part the~sof, i~ t!» +~yrepat~ wm afa~said or in ~xc~u thK~of, shall ca+qin ttw vswl sfandud mortpspN cl~usa a sud+ aMr ciwie ~s tM MalpapN maY nquin, makinp ti» loss ~~d~r uid poti~ cia. ~ad? and ~wry. paY~bl~ to s+id MORTGAGEE a ib interest mar app~a~. and ~ach and ~very iuch policy sMll b~ promptly aa:yned ~+d delive~ed to ~ny Mld by said MORTGAGEE ~s further secvrity to s~id matp+~ debt. and. not ~eu tlun ten (10) days t~ advanu of tM txpiration of each policy, to d~- IivK to wid MORTGAGEE a re~wsl tM~eof, top~tl~ with a rsc~ipt fw 1M pnmiwr~ of wch renewalj and Ihsr~ sh+ll b~ no fue or wi~dstwm inwru?c~ pl~pd on ~ny of said bvildinps, ~~y interett 1Mrtin a part tF~~wf, unless i~ tM fonn and with ths loss p+y~bl~ u ~forewidt wid in th~ ewnt ~ny weo of ,na,~y becar~s p+yabl~ u+,dN wch policy p polici~s Wid MORTGAGEE shall Mw th~ optioe~ ro receivs and apply the sam~ on accouo~ of the iodsbted~ neu aecur~d Mreby w w permit uid MORTGAGORS to ?ecaiw and us~ N a any part thueof fa o~her pu.posea, wi~houf ~hxebi waiviny a~mpair• inp aey pu~ty, IiM ar ri9ht under or by virtw of this mortpapr, +nd in tM ~vent ~sid MORTGAGORS thall fw ~ny reason fail ro keep tM s+id pramiies so ir?i~red. oi f~il to deliver promptly a~y of ssid policies oi i~iw+nc~ to said 1NORTGAGEE. or fail prompNy to pay fvlly any premi~m therefo~ o~ in ~ny ryp~ct f~il to pKform, dixhu~s, sxacua, ~ff~ct, complett, aomply with snd aWd~ by Nds covenae+t, or u?y part hereof, s~id MORTGAGEE may Rl+u a~d piY fw wch Ieauranct or ~ny parl 1Fwreof withouf w~lvinp or aff~ctinp ~ny opt'an, 1'Kn, puiry, a ripht unds~ or by virtw of this Morlpsy~. ~nd the full ~mo~?nt of ~ach ~nd ~wry wch payma+t shall be imrnadiatdy dw snd psyabb aod sh+ll beu intHest (rom tM daq thsrwf ~ntil paid at tM ra» of nine psr ce~tum pp ~nnum and together wilh suth interest thall b~ iecured by tM lien of this mortp+pe. 4. To pKmit, cwnmit or suffer no wut~, impairment p dtte~iotation of said property ot any psrf thereof. S. To pay sll ~nd sinpula tM costs, charoes s~d ~zPaws. includinp a ressa»ble attor~ey's fes and costs of abstracts of tiN~, irrcurred or paid at any tim~ by aid MORTGAGEE, becaus~ or i~ the ~wnt of th~ failwe on the part of tl+~ said N10RTGAGOR ro duly, prompNy Md f~lly pe~fwm, discMr~ ~xecvte, effect, canpkte, comply with and abide by each +~d every tha stipula?ions, ~preemcnts, coodiriooa. •nd covenann of sa~d promiuory nore and ~hu mort~ap~ ~ny w eithsr, and ~aid costs, ch+rges and expe~ses, esch and ~ve+y, shall be im+»ediatety due snd p~yaWes whethe~ a not the+~ be no~ice de~ m~nd, mempt to colkct or wit p~ndinp; and the fvll xnount of esch and svery s~ch payment sMll bea. interest from the dat~ thereof untll paid at th~ rate of ~ine per centum per uuwm; and all said costs, chuges ~nd expenses ina?rred or paid. topether with such inter~st, sh~ll b~ acured by the tise oi this ^w?~0+~. b. That (a) in the event of uq? br~ach of this 1Nort9~e or defauh on the part of the MORTGAGOR, w(b) in tM event ~ny of wid twm of money herein referred to be not promptly snd fvllp p~id within thirty (30) days rKxt after tlx ssme severatly become due and payable, without dertw~d or noti~e. or fn tM event cxh and every the sfipulations, agreements, tonditions and coven~MS of said promiuory note a~d this morfpa9e any w eithe? are ~ot iuty, promptly uid fully performed, discF»ryed, executed, effected, compkted, compl~ed with aod abided by, tt+en in either w any svch ~vent the said ap~ pregate wm menianee! in said promissory nott then remaini~p unpaid, with interesl scuued, and all moneys secured hereby, shall become dw and psy- able forthwith, a tFKreafter, ~1 the option of said MORTGAGEE, u fully and complately as if all of the said wms of money were or~yinally at~pulated to be paid on s~?ch day, anything in said promiuory note w in this Mort9sge to the contr~ry notwithstanding; and thereupon or there~tter ~t the option of said MORTGAGEE, without notKe w demand, wit at I~w or in p~ity, therefwe or thercafter begun, may be proaecuted as if all moneys sacured I+ereby had matured priw to iri irutitution. 7, That in ths event that ~t the beginninp of or at sny t+me pending any svit vpon this Mo?tgage, or ro foreclose it, w to reform it, w to ee+forn paymeot of ~ny cla'~ms hereunder, said NIORTGAGEE shall apply to the CouA having jurisdktion thereof iw the appoiMment of ~ Receiver, svch Ga?rt shall Forthwith appoinf a rcceiver of said mortgayee! property all and sinpul+r, i~ctuding all and singular the income, profits, issues ~nd revenues from whafever wurce derived, each and every of which, it beinp expressty understood, is hereby mwtgaged as if specifically xt fwth and deuribed in ths 9+antinq and habendum clauses hereof, u+d such Receiver shall Mva all the bro+d and effecrive functans and powas i~ anywiu entr~stcd br s Co~rt to a Receiver, ~nd such appointment shall be made by such Covrt as an ~Jmitted equity and a matter of absolute rght to ssid MORiGAGEE, and without reference fo the adequaty or in~dequacy of the vslue of the property mortya~ed or ro the solvencY a insolvency of said MORTGAGOR or the defer+dants, and that such rems, profin, inca~ne, issues and revenues shalt b~ applied by such Receiver according to tM Iko_or equity of ssid MORTGAGEE and the practiu of such Court. 8. To d~ly, promptly and fully pe?fwm, dischsrge, execute, effect, cwnpkte, eOhiply with and abide by each and every the sfipulations, agreemenb, conditions and coveroMS in said promissory note and this mortgsge sef forfh. 9. That in the event the ownership of the mortgayed premises, w any pan thereof, becoma vested in a penon othe? than the 1MORTGAGOR, th~ MORTGAGEE, iri successors and assigns, may, without notice to the MORTGAOR, deal with sncl~ suaessor w successor in interest with reference to this mortga~e and the debt F?ereby secured in the same manr~ as wit6 Mortg~gor witFaut in ~ny way vitiatiny o? discharging the Mortyagors' (iability here- under a upon the debt hereby secured. No ssle of the premises hereby mwtgaged and ao fabearanoe on the part of the N~ORTGAGEE w ih successws or suigro snd no exte~sion of the time fw the p~yment of the debt hereby secvred ~iven by the MORTGAGEE a in successors or auigro, ~hall operats to rekase, disch~r9e, modify change w affect tt+e wiginal liab+lity of the MORTGAGOR herein, either in whole or in put. 10. It is specifically agreed that time is of the euence of this co~tract and that no waiver of sny obligation herev~der w of the obligstion se- cvred hereby shatl at any time thereafier be held jo be a waiver of the terms hereof a of the instrument sec~red herby. 11_ In addition to the fwego:ng monthty payments of print:pal sod interest required by the promissory note secured hereby, mortgagor rnvenants and agrees to pay to mortgagce with each monthly paymem an additional sum eatim~ted by mortgsgee fo be equal to 1/12 of the annual cost of the follow- . . A-All real property taxes levied w sssessed against the above desvibed real estata - • B-Premiums on fire and windstam insurance as herein required to be carried on the improvements situate on the above described premiaes. C-Premiums on such mortgage guaranty insurance as mortgsgee shall from time to time deem fit to csrry on the loan secured hereby. Mortgagee sha:l from time to time notify mwtgagor in writing of the amount due and psysbk hereunder and such sum shaU thereupon be dve and payable on the due date of the next mo~thly paymeM and each successive month thereafter ur.til mortgsgee sh tify mortgagor of a change in such j amount. Such sums shall be applied by mortgagee toward the payment of real property taxes, insurarx~~ em~u , a~ mortgage guaranfy insvrante i premiums. • , ' i , IN ITNE55 WHEREOF, the ssid MORTGAGOR has hereunto set his hsnd snd sea) the d~y"and year f' afor I Seakd a livered in fAe pr of: j. 4 ep uccazo n I 1 n - • ` e oF I~ LINA Q ~ ss. i courrtt ~ - ~ ~ JosQph C uccaro ~ B Cnccaro Y,~-~,~'~'' • his wife, to me well known and known to me to b~ th~~,~i~Mdy~l{~!'~ritia~i,fn a~ who ~xecvted the fw~yoiny irotrumsnt, and ~cknowkdged before me that they executed tF+e wme for th~ pwpotes 1l~e ' ,,~~,-tli~t~i~ CsBZi~~I]! B • C.LCCiZO ~ wtq tl» p CLCCil'O upon a sep~rate and piiv~q e~~~t~~R in!(~~~atal~ ~part from her i~td husband, scknovvledped w~~d befw~ mt that she ezacuted said instrument frady ~nd volvr~ ~ ~+^~Y ~wq~ ~^Y ~PY1~a~~!+aint, sppreM~sion, or har of or from har said husband. ~ ~ ll i j~,.1 ~•v 3~r~ti1 thi• 3iQ-- day of A. D. 19_~@.. : ~ ~ ~ • ~ • = ~ ~ ~ ~ ~ ~ ~ •f : FILEO AND RECORDEO ~~?Y P~bl'K ~+,r,a ra tn~ r. or . ~ ~~~~i Cbu~~ * ST. LUCIE CQUNTY. FLA. My CO"""""O" •"o"~ ~ ~t Q,~ ~ ~ 'firsl : ~ t,i~i ~5~~ loan AssociaYan • ~ . ~ : F a , ~ ~ Of Fwf Pierte. ~ ~ Fort Pierce. Fbrida *~8 or.t Hi'1 ~ I• 3 0 - ~ ~ This Instrument Prepared By ~iOGrN FOITR~S ~ Fint Federal Savings 6 loan Associatia~LERK CIRCUIT COURT ~ • of o~t 'erce - Checked By . ~ R f r d00K PACE~~Nt~ ~ i , ct ~ - ~ ~ ~ - „ ~ - ~ _