HomeMy WebLinkAbout2120 ! +,::G ~3lV
To plao~ and oontinuovsN kNP on tM buiidi~p~ now w hu~aftw ~itwt~ on ~sid I~nd snd on ~II pvipm~et ~+d pKSOn+lly oov~nd b11
p~. with ~II pr~niwm ti~~on p+id in ful1, fin kaw~na in tF~ uw+l iundard polity fotm, in a sum ~p{xowd by tM MORTGAGEE, u~d wi~rorm
tmurw~c~ h ~M usua) pandard poiicy fa~n, M ~ wm. ~pp~owd M? tM MORTGAGEE. in wch ca~P+^Y a~^W^~ th~ MORTGAt3EE n++r
dlnctt ~nd all fin and wind~am+ kawwia polki~t on +eY ilf Nid bYi1dY~. M~Y If1NfMt tlNf~lfl O~ piA fMt~Of, in 1M ~ppn~a~~ swn afo~~said w
1n uccas tM~wf, ~MII cont~in tM uswl stM+d~rd mapapN claur a such aMr claua a tM AAat9+yN m+y rpvin. m+kMq tM loss v~Nr aid po~E
cia. ~sth .nd ~wry. P+rabN a s~fd MORTGAGEE a in inNns~ nwy pp~ar. and ~ach and .+my tuch policy tM11 b. pranpthr us:yn.d and dtNwr~d ro
My h~ld by said MORTGAGEE a funiwr s~writy ro aW mortpsy~ debr. ~nd. not bss th~n »n l10) days in advar~u of tM ~xpir~tan of each polih?. w d~'
livu ro aid MORTGAGEE a rsmwal tl+Kwf. toptthw with • nc~ipt fw tM pnmtum of wd~ r~wal~ ud tMn sMll b~ no fin w windstorm i~sw~u
pl~pd on ~ny of wW buildinp~„ any iotaat tMnin a put the~+of. unl~ss in tM fonn and with tlN loss payabb a afa~satd~ ~nd in tM ~wM aoy wm
of nw~~r beoon»~ payab4 wrM+ wd~ PoIkY or Policia ~+id MORTGAGEE slw~l Mw tM option ro r~ceiw ~nd ~pply tM s+m~ on acco~nl of tM inJ~btd~
n~s~ wcw~d Mnby a a pKmit wM MORTCs/?GORS ro naiw ~nd u~ N a+oy P+h th~nof fw othn purposes, withouf thereb~ w~ivi~~p or imp+ir
Inp +ny puih. li~n a riph! vndar a by virtw of this mortpap~i ~nd in tM ~wnt a+id 11AORTGAGORS sh+ll fw ~ny roason fail to kKp tM wid p~nhes w
inwnd, a fNl q d~liwr prompty any of s~id polici~s of Gawano~ ro s~id MORTGAGEE, or tail promptly to p~y fully ~ny premivm therefor a in ~ny
.~spat faN b pKfarn, dacFwry~. uc~a+t~, ~ff~cl. oompi~ta aomPh with aed +bW~ by this aown+nf, a any pa?t hawf, ~aW MORTGAGEE m~y pl~u ~nd
Wy fa wd~ bauanc~ w ~ny p~rt tMnof without w~hrinp a aff~ctinp oMion. U~, eqvtb. o~ ripht und~r or by virtw of thia Mat9+p~. and th~
full anwwN of ~stA and wKy such p~ymMt ~hall b~ irt~di+telY dw +^t! Wy+bl~ Md sh+tl beu tntereil from th~ dat~ th~roof untii p~id at tM raq ol
nine pu o~nrum pK wwwm and w~e~1+N wi~h wch tnterat sh+N b~ s~cw~d by th~ li~n of this mort9~.
1. To pwmit. aommit a suffa no wast~. imP+im~t a d~taiaation of aaid propKry a w+y put thawf.
S. To pay ~II and alnpular the ooats. cM~s and ~xP~ws. includnp s?NSawbb ~twrrny's fN and cwb of ~batwcls of titl~. Lxwnd w p+id N
~ny time by wid MORTGAGEE, b~cwa~ w fn th~ ~wM of tM failvn oa tF~ p~rt d tM aid MORTGAGOR to duly. promPty and fuly pKform, d~scMry~
~xe~yt~. ~ff~q, cpnpltt~ aomply witl~ u~d ~bid~ by ~ad~ ~nd ~very tM stipulations. ~prea?wiu~. ca+ditioos and aownann of said promiswry noq ud thi~
~WD~ +^Y w~itl~, and wid cosn. d~uWs and ~xpNa~s, sach and ~very. shall M LnnNdiatsty dw and payeblr, whethK or not thK~ b~ notia dr
mand, ammpt to oolbct a wit p~ndnpt +nd tM tvll amount of ~ach ~nd ~wry wch p~ym~m sMll b~a. intares~ fran tM dah th~reof ur?til paid d tht
rate of nin~ per antum per ~ and all said aosn. d»r9a a~d ~xp~n~es ina+.r~d o? paid, rop~thsr with wch int~nst. shall be ~cwed by th~ lia~ of Nw
~p~
6. Th~t W h th~ ~wnt of any br~ach of thb Mortpap~ w d~fwit on the part of ths MORTGAGOR. w(b) in tM ~vem any of s~~d wens of mo~ey
her4in nfKnd to b~ not promptly and fuily p~id within thirty (30) days erxt after tl+e ~am~ s~wrally bacome due and p~yable. withovt dam+nd or notica,
or in tM wem sach ud ~wry th~ stipulatiaa. +prNnw~+t~. aonditioiu ~nd covsn~nn of s~id promissory oot~ and this mor~p+p~ any u e~tlw ~n no1
ivly, promptly ud fvlly pMform~d, disch~ryd. ~z~cuhd, ~ff~cbd. aomple»d, coaipli~d with and abided by 1FNf1 1n fitMl OI M1y iYCI1 ~vMt tM Mid ~
yre9a» wen m~nta+~ad in said prombsoey noro then nm~inirp unpaid, with intKest acuuad, and ~II moneys ~eevrad t~tby, sh+ll bacane dw and p+Y
able fortAwith, Of fMfNftN• at the option of said MORTCsAGEE, u fvlly and oornpl~tely u H ~II ot the said wms of moeNy wen orgin+lly stipubted
ro be paid on such daY. anythinp in said promissorY ~w1~ or In this Mortpaye to tM tontr~ry notwithstu~dinp: and ~herevpon w thsrsaha ~t tM op~ion of
ssid MORTGAGEE, witlw~rt aotic~ w d~m+od. wit at law or in p~?ity, tMrefas a M~ereaher b~gw+, maY t» Prasscuted u if dl moaeys wcu~~d Mrtby
had matu.d p:ar ro in tnstitutioe. _ t
7. Th~t in th~ werit tMt ~t th~ Myinnirg of a ~t ~~ey tim~ p~ndlnp ~ny wit upon this Mortg+g~, or to foraelas~ B, a ro nfwm h, a to anfora ;
payment of any daans hereund~?. s~id MORTGAGEE shall apply to ths Co~rt 1»vin~ jurisdiction.thereof fa tl+e eppointment of a Receiver, avch Co~rt sh~ll
Forthwith ~ppoint a roceiver of ~aid mwt9apsd ptopeAy sll and strgulu, indud~ny sll ~nd ia~pvtar tF+e irxome, profits. issws and revenues fran wh~tw~r
soura dKived, sxh and every of which, It b~iny ucpressly w~d~rstood, is hereby mor~yagad +s if spec~fiully set forth u~d d~wibed in tM pr~ntinp and
habe~~dum clavaes FKroof. end wd~ Reasiver shall haw all the broad ~nd effectiw ivnct~an and powers in anywiss entnnted by ~ Court ro~ Reoeiwr, and
such appointmeM ~a1~ be made by sud+ Cowt as a~ adnutted e~ity ~nd a mrttK of absdute r'glit fo ssid MORTGAGEE, ~nd without reference b tlr
adequxy a in~deq~acy of tM v~lw of tht prop~rry mortyaped or to th~ soNency w insolrencY of said MORTGAGOR w tAe defendants, u~d that such i
rentt„ profits inoome, issues aed revsows sh+ll b~ applied by such Receive? ~coordinp to the liee « puiry of said MORTGAGEE and the practice of wch
Caxt. t
a. To duly. pranptly and fully pafam, d~scl~e, execwe, effect, comptete, aomplY with ~nd +bid~ by e~ch and rnry tM stip~lations, apreemants, i
conditioro and ooven~nn in ssid promissory ew~ a~d tha mo.rpsg~ set fwth. . ~
9. That in the want tfie own~rship of the morty+ped premi~s. or any pa?t ti~eof, becanes vested in • p~non other thsn the N10RTGAGOR, tlw i
MaRTGAGEE, its succeswn ~nd assi~ns, m+y. without notiu to the MORTGAOR, deal with such successor or successor in intere~t with refae+Ke ro this '
mw+7a~e and the deb~ hereby secur~d in Ih~ sam~ mamer as with Mortgapw without in any way vitiatiny w disch~rpinp the Mortyapws' liability hen- S
under or upon the debt hereby secured. No ssk of tl» premisea hereby mortysged uid no forbeuance on the pah of the MORTGAGEE or in wcceswn
o~ sssigro and ra extension of the time for tl» payment of the debt hereby secured p'~ven by the MORTGAGE€ or ib succ~ssors or assipna, shall opaat~
ro nkase, dischupe, modify cMn~e w affecr tM wipirwt Itability of tM MORTGAGOR hs~ein, ~itha in whole w in psrt.
10. It ts spedficatly agroed th~t time is of the es~ence of this cont~sct ~nd th~t rw wirvar of ~ny obliyatwn hereunder a of th~ oblipation sr
cured Mrsby sh~ll at any time thereaft~r b~ held to be a waiver of the terms hereof a of the instrument sewred hsrby. •
li~la. to the forego:ng monthly psymenn of pr~nc:Pal ~nd interest required by the promissory no~e secured here qor cowrwn ~
and aprees to pay to mohgag monthlY payment an addirional wm estimated by mortysgee to be equal to 1/1 , annwl cost of the fdbw-
ing:
A-All real property tsxes kvied or assessad against the above
B-Premiums on fire and windstorm i~swante as he?ein r urried on the im itwte on the above described premises.
~ C-Premiwns on wch mon9age 9ua?+n as mortgagee shall from time to time deem fit to qrry oe~ ed herebY.
~ AAortgsgee shall from ti notify mortgagor in writing of the amount due and pay+ble here~rnder and ~uch wm shall t t due and
I payable on the d the next monshly payment ar+d exh suaessive month there+fte~ until matgsyee thall notify mortgsgor of a char+pe~R~s~
emow+t. shall be applied by mortg+gee towud the payment of real property tsxes, inswance prem:ums, and matyspe puannry inwru~oe~
IN WITNESS REOF, tfx said NtORTGAGOR Ms hereunto s~t his hsnd and seal the day ~nd yea~ fint ~foresaid.
~ $grNd, S~a i ed in of= ' ' L J O
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STATE Of FLORIDA ~ - ; ` • , -
c~~ ~ St. Lucie ~ : ' C ~ ' _
~ so~iiY.oo,,.ea = William G. Alberti
A~11ce plbertl hi, w~fe, w m. M?.n t~own 'w a~i,(a
the ind'ividuab ds~tribd in ~nd who ~x~tv~d tM forepoinp insttwnant, and ackrwwledpd befon mt tMt Nwy ~xecuted thfi•
~~~I,~~_Aii~ ~yio~a
rMretn ~xpreiwd. M
d rM wt d l i c e A lbe rt~ s''
w;f, ~ ~ Williaut G. Alberti ~on : ~p«.w.ad ~wi~
e:am6ution by me tak~n ~eparah and apart fran her s~id Misbsnd, ackrwwldp~d w and befort mt that sh~ exeaned said irotrvre~t•irN1~R an~.voluR
tarily and withoul any oompulsiw~, tonstraint, app?~h or fw of a from F~ aaid hvab~nd.
~ w~rNESS my I~w,d .nd offkid r i A. o. .19StQ_ ~
~ •
C DED Na,ry v~blK in .na f« th. St.» of Florid. N lup.
. FiI~D DINfl y~ FLA. My cwnnu..ion .~cpi...: ~
ttnw~ ta. S7. L C~E F t E C
Fira F.d.n~ s~„ a Losn n..«j.rion •Sy c~ n,. ~
pf fort p;erce. I~~~ MY
C~,OMM~I5u,S10N
E~PI~RES NOY A 29~ 1~7j~
Fat Pieru. Flor i da ~ON~ED ineouow rR E D 1 K. o~c~rc~NOa~~
'69 QF~ 1 a?t~ ~2 : 38
d
This Instrument Prepared By ~ ,.~~~AS
First Federal Savings 3 loan Assotiation ,
of Fort Pieroe Ct`R~ ~'~~~~U,T COURT
gy J. Chastain
~ii~6 s ; ~f
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