HomeMy WebLinkAbout0493 j ' , ~ . 1
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To plaa~ and oontiix~owty kNp on tM b~ciidinp~ now a Mr~afi~r ~itwa on said land and on ~II puiprt»nt ~nd p~eaw~~lly covK~d by thi~ nwn~
~pR, with al) pnmiwni tMnon p~id in fulb fira i~wana in tM uswl ~u,+d~d policy form, in a wm approwd by tM MORiW1GEE. artd winSMtaen
iraw+nc. In th. vawl •tu+dud policy iorm. in a swn .pp.owd by ~I+. IwORTGAGEf. in wch company or con,pania .s M. MORTGA(iEE e+.y
dlnc~l Md alt fin and wind~ro.m kawana pdkas on ~ny of N~ IIWIdiR~f. My 1MffMt tlf~f~Ml Of ~iifl llNf/pI, in th~ sp~rp~M wm ~fo~ai~ or
M~xaa ~Mnof, sh+ll oonain tir uswl standa.d morty+pN daus~ or wcl~ aMr davN u tM MonpaqN m~y rpv'u~. mskinp tM lo~s u~ wid poib
ciM. sid~ ~nd wKy. WYabb b safd MORTGAGfE it ib intKat may appNr, and ~sth and ~wry wch polky shai! b~ pramptly ~tYpn~d ~nd d~IlvKed to
any Mid by ~aid MORTGAGEE a funha acurity to ~W monyap~ debt. u+d, not ku than tN? (10) days in advu?u of ~M ~xpi.atae of ~ach policy, w d~•
liw~ to s+id MORLGAGEE • t~wal llwrwf, IopetMr with ~ nqip~ for tM pnmiwn of wd~ renawa~s a~d t1~n sMl! b~ no f'a~ a winds~am i~uwaoc~
pl~ad on ~ny of a~d bupd~np~, u+y G?taeat tMr~in a put tMrwf, un{~ss in tM form and with tl+~ loss paysbl~ ss afa~~a{d~ ~nd in tM ~vaM ury w~
of mon~y b~comp p~y~bN w+dK wd~ polky or polici~a said MORTGAGEE aMll I+~v~ ~M opYwe ro r~ceiw snd ~pply tM ~ on aocount of tM ind~Wtd~
mss s~tw~d hu~by a b pNmh s~id NWRTGACiOkS /o ~suiw and uk it a~r~y part fhorwf fw other pwposes, without thartb~ waivinp or impaiN
Mg any puity, li~n or riphl w~d~r or b~r virtw of thb mort~t and in ~M ~ve~t a~d MORTGAGORS shsll fa ~ny ~~+son f~il to kNp th~ s+id promtse~ w
insu~~d, a fail b d~livu promptiy anr of sald policia of ira~ana fo said MORTGAGFE. w fail promptly to pay fully sny pre?niwn NKr~fa o~ in anr
r~ep~Ct fail b p«forM, disdwp~, uneutq, ~ffM, eompk», eaeph with and ~bid~ by this eo~nrwnt, or ~?y part i~u~of, uid MORTGIIGEE nay pt~a and
WY for such M+av?ww? a sny p~et tM~rsof without w~hinp or aHsctinp ~nY optlon. ~i~n, aquN1?. or ripht under or by virlut of thia lYtarqps. and the
fv(1 amo~K?t of sach and ~wry wd+ p~ynwnf ~ll b~ i~rurNdlat~ly dw ~nd p+ysbl~ and shall bsu interest fran tM dit~ thsnof un~il p~id st th~ uh ol
nin~ p~? a~twn pM a~rwm ~nd toysthn with suth inhtest shall be setu~ed by th~ IiKf of tNs mo~t~ay~.
4. To panQ~ oanNt or wffa no w~sN, i~i~m~nt w d~teriw~twn of s+id property or ~ny p~rt th~roof.
5. To p~y aN ~nd tbpula? tM oosts, ch~r~a and ~xpenw~, incivdinp a ha:o~+abh strornsy's fe~ snd oos» of abaaacq of tFtl~, iMVnsd or paW sf
th
+ny tinw by atd MORTCsAGEE, bKaus~ or tn th~ ewn/ M.t fsilun on tM p~rt oI ~M said MORTGAGOR a~y. Pr«~WN ~"d Pt~saY iwh ~u
d
hb
ex~cut~, eff~d, oompkN, aomply with snd abid~ by ~ad~ wery ths stipulstiona, spname~ts„ coexttio~s, ~nd oawn~~q of ~aid ~
^~q+W +~Y a~itha. a~d aid ooan. du~s +ed ~xpenses, each and avery, sh~!! be &nma~dlaroly dus ~nd psyabk: whetM? a nw tMn be notiae dr
n?+ad~ +tNmM to adlM or wit pe~d'irgt and tM fvll amov~t of esch snd rvery wch paymeM ~hsll bear intenst fran the dat~ theroof w~tN p~id at fhe
rate of ~ par cwnum pa arwwrry ~~d all satd ousts. cMrpa and expenaes incwr~d a psid, topetMr with wch inta~st, slw1J bt ~axed by tl~ lien of tf~
mot~~aps.
b. That tn 11~ ewM of am> brs~ch of thb Matya~ a defavit on tM paet of the MORTGAGOR, or (b) in ths wem any d yaid ~wns of ma~r
hehin nf~.r.d to b~ ~ot p.ompty and fully p~id withln thiny (30) daya next aher the same sever~ly bacan~ due ~+d payabt~ wirhow d~maed or notiq.
or (c) 6~ tM wr+~t e~ch and ~v~ery tM stip~rlatioea, ag.e~ms+~ta, conditions u~d coven~na ot sa~d promqsory nwe a~d th~s mu~pa~ ~ny p eitl~u u~ nol
i~+b. P~~Pth? ~nd fully Fs~fomwd, d'aclwyed, execvted. ~fftded. comP~esed. ~ompiied wifh and abided by. thtn in a~her or u~y wd~ weM tM ~aid ag
prepat~ wm msotioned io said promiswry note thee rem~ininp onpaid, with inrerar accrved and a!1 maieys aecvred he?~by. ~Mil b~oonw dw and p~p
abb forthwith, w th~resfter, at th~ opYwn of s~id MURTGAGEE, a~ fuily ard compi~tely as if ~II of tF+e wid wms ef monty wen orig~lly sY~pukted
ro b~ paid oo svch day, any~Fwnp M said p?anissory nwe or in this Mwtpaye ro the conrra?y notwithstu,ding: u~d tha~~upoe w thereaftK at tM op~ion of
said MORTGAGEE. withovt notin or dxrwnd, wit if !aw w in eqs?itY, ihxa(or~ or thereafta beQw4 may be prosecvtad as if all ~noMys s~cw~d MnbY -
had rtNturad prior ~o its in~titvtion. •
7. lhat ~ tM wMt thaf at th~ ~i~g of ar at ae~y time pend'aiq any wit upon tha INortya~. or fo foreclos~ it, w to rt{am i~. a to ~nfor+a
psyme~t vi ~ny dakna hKtu~dsr, sdd MORTGAGfE shs!! appy to the Cowt hsvinp jwisdiction thereof far the appoi~nna~.: s Reoeiwn. wd~ Court sh~ll
Forthwith ~ppoint ~ reo~iner of said Mat~~d RtoPt~tY al{ md sirgvl~~. M~tludi~g all sod sinyvtsr N+~ incwnf. profits, atu~a ~+d twMuts hpn wMt~v~t
w~xc~ dKiwd, tach and every of which. it b~inp expreasly u~dersloed, ii I+ereby matgsgeJ as if specifically aet lorth and dewibed in t!r yr~nt and
habendu~n diw~s Mnof, snd wd~ Reoeivet sMll h~ve all the brwt! uw! eHective fwxtans and powers in anywise enuwted ~
tuch ippolntm~nt sMll bs e~le by wch Caxt as sn admined aquity and a m+tter of - absdute r' ~ a Court to a Reaiwr. ~nd
adequ~ey or in~deqwqr of rh. wka of th. +9M ro s~id AtiORTGA(3EE, and w+rhovr nfennoe a tM
P~~~Y ~Q~D~ « M tM solv~y or a~solvency of s~id MORTGAGOR or the dsfe~dams. w+d tMt wch
renn, profits, intom~. issues and tevenws shall be applied by such Receiver accotdinp to the (ien or equity of said IYIORTGAGfE snd th~ pradip of suth
Courf. ' •
a ro duh?, prwnptb «~d fuM v~~. ~ecvre efs.ce. eompkta, oomplr wit}~ ~nd~.bw. by ..d~ aea ewry th. st~puatio~a, ~samen+s,.
cond'Aions and oovan~q in wid p?omiasory rwt~ aed this moryags. tet fa1h.
9. 7AN In th~ eveM ths ow~ship of ths mort9sQed. psamaes, or any part thenof, beoonws wsted in a. perapn othsr than 1M MORTCsAGBR, tl»
MORTGAGEE. its wocessors' ~.~d assigns, may, wifhow ~+o~ica to tAe MORIGAOIt, deal with wch waessw ci "wcceasor in ;ntersst with nfer~nce to this
morlpp~ ~nd the debt herebp secured in ths ssr~ m~mer as with Ntortysyor w~thout in se~y way viti~ti~g or discFwyinp ths Mottgs~ots' Ii~bilitr f~r~- -
unde? a upa~ the debt hereby seaued. No ssk of ths premises hereby mwtg~ed and no forbearanoe an tM pa~1 of tl» MORTCaAGff or Ms suocessors
ar ~ssipns and no exte~sion of the rime fo. tha peymenf of the_ debn hereby secwed yiver? by the MORTGAGEf a its s~cassorl or sssipro„ ~MU opuat~
ro r~aw discl~up~ modify cF~ng~ or ~ffect the wip'~nal liabiliry of the MORTGAG4R harw4 eitMr in wlwl~ a in put.
aNed ~Mr~r sMil
a~fkatly agread tMt time k of the essence of this contract and that ao wa'rver of ~ny obl'~tion herMxKler a of tM obli~s~lon ~e-
~ny tinw then~hK bs heW to. be a waiver of the terma Mreof a of the tnstrument secured harby.
1 t. In ad~tion ta the fwego:n4. mwNh1Y paY?nents of Princ Pal and interett requyed by the p~omisso?y not~ - letwed Fa~ebY. morlQsyor oowe~anri
~ and ~roes to psy ro mottpayee with exh monthlY payment an add~tanal s~xn estims~ed by mortgapce to be etLual b 1/12 oi the amual cost of tfie fdbw-
. . . .
A-/UI ~eat properey taxes levied o~ sssessed aqainst the above desc?ibed resl esat~. . , -
B-Premiur~ on fire and windst«m inswa+ce u herein requked to be canied ai the ~improverna~n sitwts on Nw sbove deiu~d pnna~ea.
C-Premiums on such mort9sge yus??sntY inwnrKe ss mortgsg~e shall ftom time m time deem Pd to cany an the Iwo setw~d hersby.
Matl~ape~ ~11 from tinte to time ratify mortg~got in writiny of the an+ourtl due snd psy~We hereu~Kltr and suth w~n sl?a!! thereupon b~ du~ and
paysbl~ on ihe d~re dsfe ef the next monthlY p~yment snd each sua,essiw rtwath thereafter untii monyagee shall notify mort9apor o# ~ ths~ge in wch
amow~t. Such wms shall b~ applied tr/ mwtgsgee towud the p~ymeet of, real property taxes, insurance premi~nu, ~nd mort~e Qew~nty irwxanct
pra+i~ens. • -
IN WITNE the said /NORTGAGOR Ms hereuMO sst Ids hand and xal the day a~d y fint aforss~~d.
ed in the p.s~ence ofi ~ /I .
:~~~-~~e ~.v~%~Q.
ST. LUCI~, COUN~ a Russo, a aw ~
R~C~a~ VERIF!
.
STATE OF FiORIDA - ~~7 SLi ~ ~ ~1 - -
SS `~~a~1~7a7~
: courrt~r o~ St. Lucie !
~ e.ton a+. p~rwns~ly .pp~a..d Anaeliria RA~o~ ~Q~~1~D11c.•~~ a~++
(;tE RK C ,~.,~i., to n» wel~ k~w~, .nd a+ovm+ +o m. w b.
tM indivtdu~'s d~w~d in r.d who ex~aned the fore~oin~ instrunent, and adcnowledad bsfore m~ that
e:awted tiw sam~ fa th~ purpous
therein ~ras~d. ~IwiN~••s~ -
' wifi~oi~s~ii ~
exanArwlR+~~ ~w ~w f~ ~r~ii i~wb~w~ ~ ~o-a~d i~f~nr w~ Mwf•aAr wwew~e~? - ~ ~ ~
Mniiy~ani ~wMh? s~prbi~ ~owskai~er ~P~iM-o~.fwr ~f~ ~4wiw Jw•wd.hu~b~wd.. .
VYRNESS m~r hM+d ~nd oifki~l ~.al thk 26tb c~y af A. D. 19.~_
• ~ ' Nwiiy. aRd for Stah of Fbrid~ at Lx~
R~twnTa • My ~ , ~~L~I•~ ~I~7 ~
Hrp F~d Savi~p~ i Losn Auotiation ~N1 111
.ty I t//~ ~ ~ ~ (~p~j~ it ~
of F«~ P»roe. i~ t, b
.F«r P~..a.. Fto.~d. ~,.4t1h 3~
~~.~Mq• ,,1971
_ ~ :~~~~`-'~;r~:,+.+~? e.~+"` ~ ~ p~~rt~~
: ~ Q ! ~ ~ INf ~~~~9~L. ~
This Instrument Prepared 8y T~~s A. Driscoll,.' j: p: n..~ TQ ~ER ~~p~ttt
Fin
t F
e
dera i S avi n g s ~ l
o a n A s s o c i a t i
e n , ~ R p~
S„ ~
~ of Fort Pieroe , F2orida i^•. C..{~'~.~~ ~ DANI~ 1R
, I~
Coll~
~ ~ vrt ~ 1~
Chedced By ~;~je •
~ , _ ~~'~'-1-Mlr• `a•~~
p ~i ~ rn~
. toOK~~ P~ 4 ~ ~ RiM
~ ~
F ~ O
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