HomeMy WebLinkAbout0192 s ,
3.
.
3. To pl~oe and cautnuovsly kNp on th~ buNdieg~ now a Iw~afN. ~i~wN on uid land and on ~Ii puip+~ ~nd P~~h cow~~d bY thi~ nwrq~
~pw with ~11 prMniumt dw~~ox pa~d in h,ll. fin imwaoa in ~h~ vawl ~~w~dwd Po1kp fai*. N a s~m approwd by tl+~ MORtW?GEE. and wind~torn~
i~uw«~a tn tM usuai aa~da.d polk~r /an~ M~ wm app~rowd b~ tl~ MORI~iAGEE. in such oomp~ny a canpaniy a r1~ NWRTGAfifE n~
dk~ctt ~nd ~11 fi~ ~nd windswrm ieq~xana polici~s on ~e1? of ~aid bulidi~ps, ~ny inlt+nl ~Iw«in o~ part thKwt, in HN appre~~~ wm aforaaW a
in uaa Mawf, shall contain tl+~ uwal uandxd mapa~pN claw~ a wck o~M~ dauw a~M lMo.fgspN nwy raq~w~ +n~?tnp Hw low unda ia,d pdi~
N.~, .xh .rd ~wry. p•rabM ~q s~id MORTGAGEE p ib int~l maY ~PP~+r. .nd .acl? and •wry wch policy shall b. promp~ly •ss.9nsd .nd d.liwr.d ro
~ny h~ld by said MORiGAGEE as fwthK setwity to s~id ma~pap~ debt. u~d, 001 I~ss than »n (101 days fn advanci of ~h~ ~xpirNion of ~ach policy. ro dr
IhM a ~ald MORTG~IGEE ~ rs~ewal tlw~~of, top~~Fw witA ~ r~ipt io? tM paniwn of wch ~s~walt and ~i,K~ shall b~ ~o fir~ a wied~~am inw.u~u
pl~ad oa an~r of said buildinps. any inter~st tMrei~ or p~rt thK~of, unl~ss in tM form and wi~h ~h. bss pay.bh as aioresa~ds and ~ d,. •wM a~r wn~
~^~Y ~s P+Y+~~ w~ wd~ pdkY o~ pdici~s s~id MORTGAGEE ahali Mw tM op~an ro nooiw and ~pply tM wrK an ~ccovnt af ~M Indeb~ed
?wsa wcw~d Mr~by a.~o permit said MORTGJ?GORS ro•naiw and us~ it a~Mr pa.t therwf fa othe. purposes, wi~hout the.eb~ wairiny u~mpair-
~+~Y ~j~Y. a~~ht w~de~ or by virtw of Ihis motlpap~i and in tM ~vent s~id MORTGAGORS sh+ll fw any rtswn fail b katp ths iaid pr~mises w
M+wr~d, a(~il b dtliv~ pramptly any ot iafd polici~s of inswanq to said A11pRTGAGE~, or fail pranptly to p+y fulFy any prcmium therefo~ or in any
~~~p~et fail b pKian~ dischar~, execvt~, tff~N, compl~te, aomply with and abid~ by this cown~nt, or ~~y par~ her~of, s+id MpRTGAGEE ma
WY fa wd~ irnwanc~ w Y plaa~ ~nd
any put tfienof without w~tvinp or aff~crtnp ~ay aptipy liu~, pviry. w r:pht undN a by vir?w of thls Mortpsp~. and tM
full amount of e~ch and ~wry a~ci~ p~y,neeH sMll bs imnwdiahly dw ~nd pysbb and sMll bsar interest from tiw d~» thereof umil paid N th~ rat~ oi
n~ne p~r c~ntum pu ~nn~m aod topether with wth intapt shall be sec~red by tM IiN? of this mat~y~.
1. To p~rmit, tommH or wffsr no wsste, impaurt~ent w dete?ioration of said propKty w~ny put therecf.
5. To pay all ~nd sin~~isr ths co?tt, ch~rpes and ~xpen~es, i++cludirp a neasonabk attaney's f~ and cosq of abstncq of title, incurr~d w
p~id ~t
a~y Yime by said MpRTGAGEE, b~cw~s o~ in th~ ewnt of the f~ilun on ths pan of ~Fw s~td MORTGAGOR b duly. promptly and fully perform, dischuyR
execut~. ~ff~ct, oomplet~. oanply with snd abtde by ~+ch a~d ~very ths stipulations, ~greements, eonditions. ~nd cov~~,sn~s of ~aid prpnissory note and thi~
mwtpap~ aMr a aitha, and said cosn. thupes ~nd e~epen~es, esch and wKy, sMll b~ lrnmediately dw ~nd payable; whetF+er w not ther~ be ~otio~ ds
mu~d, attempr w oolbct o. suit pe~d'ug= .rw! rlw f~ll amo„nf of each and wery uxh paymen~ shall bea. interes~ from the date Mereof u~til p~W at the
~ate of nine per centum per an~wm; and ~N taid oosts„ chuyes and exptmes inowred a paid lo~elher with sutl~ imnast, ahall b~ secured b~r the lien of this
^at~+p~• ~
6. TMt (a) in the ~vent of aMr breach of this Mort9s~ or defwlt on the part of the MORTGAGpR, or (b) in the event any of said wms of mon~y
herein referred to be ~ot promptly. and fuily paid within thirry (30) d~ys next aher the same severally become dve and payabl~. without dsm~nd a notioe
or W in the event each and every the stipulatio~s, agraemenq, eonditions u~d coven~ny of said promissory nota and th~s~mwlga9e any o~ either ~re eol -
i~y, promptly and f~lly perfo~med, d~schsrged. exatutad, effected, compl~ted, canplied with and sb+ded by, then in eNlxr or any such ~vent th~ s~id i~
g~egate wm menYaned i~ said promissory note ihen remainirg u~id. with imerest xuued. and all moneys secured herebY, shall becw~e dw and pay.
able fathwith, o? thereaher, at the option of said MORTGAGEE, u fully and completely as if all of thp said wms of ma~er vircro wiginally stipul~ted
to be paid on such day, anythirig in safd promi:sory noro or In tha Mortyage to the conrrary norwithsland;ng; and thereupon or theroafter a~ the optio~ of
said MORTGAGEE, wirhout norice or demand, s~it at law or in equity~ LI1~(OFOfe Qf 1AHNftN begun. may be prosecvted as if ~II moneys secu~ed hereby
had matwed prio? to in i;xititutan.
7. That in ths event that at the beginning of or at ~r?y tims pe~dirg any wit ~pon this Mortgags, or to foreclose it, a to refari~ Ft, or to enfwp
payment of any claims hNeunder, said NIORTGAGEE shall apply to the Court havieg jurisdictio~ thereof fw tM appointment of a Receiver, s~ch Court shall
fwthwith sppoiot s receiver of soid mortgaged property all and qnpulu, includug a{I and singular the income, profits, iuuet and revenues irom whateve?
sovrce derived. each and every of which, ~t beinp expressly u??derstood, is hereby mortgayed as i4 specifiwlly xt fath ind desvibed in 1M ~ranting and
habendum clauses he?eof, snd such Receiver shall F~ave ~II the broad snd effective functians and powen in anywise entrusted by a Court to a Receiver, ~nd
such appointment ihall be made by wch Court u sn sdmitted equity and a matter of absolute ,iight to said MORTf3ACaEE, snd wifhouf seference fo ths
sdeq~acy a inadeq~acy of the vatue of the property mwtgaged or to the wtve~cy w insolvency of said MORTGAGOR or ~he defendann, and that s~ch
renn, profits, income, issues and revenues thall be applied by such Receiver accwding to the lie~ w equity of said IYtORiGAGEE and the pr~ctip of such
Court. . . -
.
8. To duly, prompHy and fully perform, discharge, execute, effect, compkte, oomply with a~d sbide by each and every ths stipulations, apreart~enb,
cw~ditans and covenants in uid promissory rwte u~d this mortqsge set fwth.
9. That in the event the ownenhip of the mortgaged premises, or any part thereof, becornes vested in a person other then the 1NORTGAGOR, tM -
MORTGAGEE, ib sucuuors and assig~?s, rt?ay, witlwot notite to the MORTGAOR, desl with such successor w sutceasor in interest with ~eference to this
mo~tgsge snd the debt hereby secured i~ the ssme msn~ as with Mwlyaga without in any way vitiating or dixharging fhe Mwtgagors' li~bil~ty Mre-
unde? or upon the debt hereby secvred. No sale of the Rremises he?eby mortgaged and no fwbeara~ce.on fhe part of the MORTGAGEE w its s~ccesson
w auigns u~d no extmsion of the time.fa the paymeM of the debt hereby secured given by the MORTGAGEf or its wccessors or auigns, slull operate
ro rekase, discharye, modify change w affcct fhe orginaf liabi(iry of the N10RiGAGOR herein, either in whole or in part.
10. It is specificaliy agreed thst time is of tha esunce of this contract and that ra waever of any obligat~on herevndc? w of 1he obli~stion sr
cvred hereby shall at any time thereafter be held to be a waiver of the terms hcreof w of the iratrument secured herby.
11. In add~+ion to the forego:rg monthly payments of princ:pal and iMerest reqvired by the promissory note secured hereby, mortgagor covenants
ar?d sgrees to pay to mortgagee with each mw~thly payment an additionat wm estimated by mortgagee fo be equal to i/12 of the annua! cost of the fo!!ow-
i~: ~
A-All real property taxes lev~ed w assessed against the above described real estate.
B-Premiums on fire a~d windstorm insurance as herein rcrqu:red to be tarried o~ the improvements situate on the above desaibed premises. ;
C-Premiums on svch mortgage guaronty insurante as mortgagee shalt f?om time to time deem fit fo carry on the loan secured hereby.
Mwtgagee shall from time to time notify mortgagor ;n writing of the amount due and payable F~ercunder and such sum shall thereupon be due and
payable on the due date of the next monthly payment and each successive month thereafter until mortgagee shall ootify mortgagor of a change i~ such
amount. $uch sums_sF.afl be app(ied by matgagee toward the payment of real property taxes, insurance premiums, snd mortgage guaranty insurance
premiums.
IN WITNESS SNHEREOP, the said MORTGAGOR has hereunto set his hsnd and seal the day and year fint aforesaid. _
Sgned,~
. and delive? i~ fhe prosence of: ~/~i..Gs
-~~b~4l~ ~
dC[ O-^
. V.~=-.~ (5e~~
n
v
. ~
StATE OF fLORtDA ~
COUNTY Of $ti• LUCf6
~fae ~~~~~y a~a~ Cha2~les E. Costapoulos i~
Shirlep A. Ci03t.OpOtilQg his wife, to me well krawn and known ro me to bt
the Irniividwb described in snd who executed the foregoirg instnrment, and acknowleclped befwe me that they executed the same for tl~e pwposes
therein eupressed Md the sa~d Stii r~ Py A CASto~ et~l eq
wife of the said ~18r1@S T'i• L'OStiODOil1Od vpon a separate and priv~h
examinsYan by me taken separate snd apart from her said huibsnd, adcr~ow{edged }p and before me thaf she executed said instr~ment hsaly and volvrr
rarily and wlthovt sny compubion, constraint, appreF~ension, or eu of or from he? said husbsnd.
WITNESS ~y hand snd official seal t1+:~ dey of J /1. D. 19 70
• . ~ Notary Pvblic b~ tht State of flwida tl larp~
Coeronission ez ' es:
Return To: . ~~~pNU(Ip ~jQ QF ~pglp~ AT URCE !
Fint Feder~l Savings b loan Association ~.~'~,~,s~..j~i ' IJ~I.&~~C~1}~~(~R~~~~~~~~~ 9
a3-~,3
~ Of fort P~erce. ,••N;;- . iN~`PRFA,~~~- r FL~-
: ~ i l.Ul:« .
fort Pierce, ftorida ` 'ls`~ ~ ~ : ,~'_~`{1F?^ :~~(2i'~:~;~
; , ;,~.~s
J ~ . _ .
: . ~ Q~ . _ 52
• ~
~ ; .Q:.~.~.~. i<-,; - ~96 ~
_=:~.;Ti... ~.~(Y , r~
~ t- . ; ~ ~ 28 PM 3 .a~-~-~
This Instrument Prepared ~y RiChaz'd K, • ~ 'u~~ ~t, ,
F+rsi Federal' Savings b Loan Assoaat~on ~,y'•:;
~~f4; ~
• ~ ~,t~~ • 5~C . ~
of Fort Pierce ~ Florida _ ~j~ ~ ' ~ , ~
~ / t
~~I~ Rf'!~`"iSi.i.~.se t;l f'O~ ~ .SI~S
Checked B ~ ' _='''+~~:~ut~++w. ~
y - CL~R1S CIRCUIT COURT
aoari$6~ .
_ _ ~ .~91 pa
~ . _ - - T-~ ~
_ ,3
= - - . _
- ~ - ~