HomeMy WebLinkAbout1639 3. To plats snd contiuuously keep on the bui'.'i~qs new or herea(t~~ f~tuats on said lend and on all equipmenl end pe~sonally cove~cd by ~h~f mor?g-
With ~II p~em~w~» Ihereon pa~d in iull, 1uo inwr~nte ~n tha ~wal flonda~d pO~~cy torm, in a sum approvcd by Ihc MUk~GAGEE, a~,d w~ndito~in
intiuranc~ in the uswl s~a~~dard pol.cy lo+m, in a wm aFp~oved by ~he A10RTGAGEE, in such co~npany ur co~npan~es as the MORIGAGEE mey
direch and all (i~e and w:ndatorm in~u~~nce pobaei ai ~ny ol sa~d bu~ld~nya, •ny intero~t tharein or parl the~col, in Ihe agy«yo~e svm aloresaid or
In •xceas ~he~eo~, fh~ll contain Iha usual standa~d n~or~gagee ctauss or iuch othe~ ciruse ss Ihe Mo~~payee mey ~equ~ro. maA~~~g ~he luss unJer sa~d poli-
uef, eath and every, payable ro•a~d A~OR7GAGEE as ~tt intrre~~ nmy appcar, •nd tach and every auch ~wlky ~haU tx p~umptly ass y~~cd and dci~vcrcd ~o
sny hcld by ssid MORIGAGEE ~i iurther sccurity to sa~d mwtgagr debt, end, not les~ ~Mn tcn (I01 daYS in advancc of ~hc expuel~on ol cach poi~cy, 1o de-
Irver to said A10R1GAGE~ a renewal Ihereo!, lo9e~h~r with s rece~pt fo~ ~he pra~nium ol wch ~ennwal; and ~hare fhall be ~w iue u~ ~n~~~~l+~~~~~n insu~ance
plactd on a~y of said b~ild~ngi, •ny intcresl therein or part IhereoF, unlcss in ~he iorm end wi~h the loss p~yab~e as a(oresaid; and ~n the event any s~m
of monay becomes paYable under such polity w pohuv~ sald MORTGAGEE shall have the opno~ lo recrive e~~d apply tho se~~~e o~~ accoun~ o( ~he ~~~Jvt~trd•
ness secured hereby a to permi~ sa~d MORTGAGORS ~o receivo and we it a eny pa+t the~eol tor o~i~cr ~,ury~o+~•s. .•.~ih,,,~t ih nr .v ' i ~'+~c~~"'
iny any equ~ty. Ge~ or r~9M unde~ or by vi~lue oF Ihis mo:!yage; and in the even~ sa~d MORiGAGORS fhall !or a~y ~easo~ lail to kecp ~hc sa~J prum~s.•s so
insured, a loil lo deliver pranptly ~ny of srid pohtief o{ insu~ance to faid MORiGAGEE, or lad pron~ptly to pay 1ully any {xc~nr.~~n ~~n•~r1or ar ~n any
respect lail to psr(we», d~schuge, aw~ti~te, ellecl, complele, canply with end abide by this covenant, or any part haeol, sn~d MtiR1;,AGtE n.ay ploce a~~A
pey for such infurancf o~ •ny part thereof without w~ivinq w•flrUin9 a~y option, lien, cqu~ty, or r~gM under o~ b~r vi~t~e ol ~hls Moiry.~ye, end the
1~I1 amovro oF teth and eve~Y •~~h paymant ahei~ be immediately d~rs snd payable and thall bear iMr~efl from the date ~hc~co( un~~l ~..~~d at ~he rate ol
~v~ro {x~r cen~um pe~ ann~m and to~Nher wi~h ~uch interest shali lx s.cured by the Gen ol Ihis mor!yage.
To permif, canmil or suf(e~ no waste, impairment a dcleriorstion o( sa~J property a eny part thcreo(.
5. To pey aU •nd singu~sr the costs, cherqes and expe~~ses, :ncludu~g a reasonable attomey's (ee and ccs~s o) ahstracts oi ti~le, incuned or ~,a~d at
nny time by sa~d MORIGAG;E, because w in the event of ~he 1a~luro on the pari of ~he said MORTGAGOR to duly, p~on•pUy and f~lly prrform. J~schar,ye
e.rcute, eftcct, cwnpkte, <o~nply wrth and ~b:de by eech aod every the ~tip~lanon~, sgrcements, condn~a~s. and cova~a~:rs ol s.+~d pro~~~~.sory nute end sh:~
.»or~gaye any er either, end sa:d cosrs, charges and expenses, each and every, shall be imm~•d~e~rly due and payable; v.h~~thrr o. not H~o~r be nor~ce d:~
rnand, ettempt to co~~ec~ or wi~ pe~.d:ng; and tlw IuSI e~noum of e~ch end every wth paymeM shall Ix+ar inr~•res~ hom ~he d.~te ~~~e~col unnl pa~J at ~he
~.~~e o~ n~ne per trntum per an~~v n: o~~~ ell said tosts, charges and rx~nnses ~ntuned or pa~d, loycther wdh wch ~nte~est, fhall be Sewred by Ihe I~rn o1 tfuf
ma t~age.
6. Tha~ (a) in the even? oi any breach of tLis Mortyage or defeuh on tl~c pmt of the MORTGnGUR, or ;b) ~n the event any of sa d wms o( money
h.-rc~n refrr~ad to be not p~o~np+lv and 1u:ly pa~d vnthin thuty ~3U) days nc.t a'~•_~r the s.vne ievera!ty beco~ne duc and par.ibtc, w~inou~ dr~~~a„d or not~ce,
or ~c) in the event eech and eve~y the slipuiahons, aq~eemen~s. cond~t~o~~s and covenants of se.d p~om~iwry notr and th.~ nrorrgoyr any er c~thor are not
iuly, pro~npNy and tvlly pr.lo~~ned, d.scharged. e:ecuted, elleaed, canpletrd, compl~ed w~~h and ab~ded hy, the~~ in rJher o~ any such event the sa~d ag
groyate sum mennoned in sa~d pro~~~hs~y note then ieme~ning unpa~d, with interest acuued, and a~l nwneys ~ecured he~eby, shall bcwrne due a~d pay
ab'r fo+ihwith, a thereahc~, at the opt~on of sa~d MORIGAGEE, as f~lly srd complrtcly as il a~l ol th~ s~~d wms of money wcre o•~g~nelly st~pulatcd
ro be p.~~d on svch day, anyt~ing in s~.d p~om~ssory ~~ote or in !h~s A1o~tgege ta the co~~rary notw~thstandu~g; and dkrcupon or ~herr~hrr at the op~~on of
sa~d MORTGAGEE, wnhout nohte or demand, svit N lew or in eqwty, lhere(o~e or Iherea(ter bey~n, may be peosecuted as il all moneyt secured hereby
nad matvred pi~.x ~o ~ts inst~t~t~on.
7, ihat in the event that at the bcg~nning o? w at any time pending •ny suit upon this Mortgage, or to foreclose it, or to reform i~, or fo e~(orce
p.:yment of any claims 1+e•e~ndc~, said MORiGAGEE shatl app~y to fhe Coa••r havuig ~w+sd,ction thc~cof for thc aF~po~nt~ncn~ of a Reu~~vcr, s~~ch Cour~ si,oil
fo~thwith appo~m a rece~ver o1 said mor~gaged prouerty all snd singuler. includ~ng atl an~+ s~~~gular the incon,e, p~ohfs, ~ss.es a~d ~e~e~:ue~ f~om wF.~te+er
~eu~ce derived. each ar,d every of wh~ch, it b.•~ng expressly ~ndersruod, is hereby mor~gayed as if spec~(~cally se~ fo~~h a~~d desc~~b.,d in tl~e g~a~~~u~g a~~d
habendvm ds~ses hereof, and such Receiver ahall hava ail the broad a~d effec~ive funa~o~s and powers in anyw~se enu~s~rd by a Co~~~ to a Recewer, a•:J
s~ch a~+pointment shalt be made by svch Cour~ m en admitred eyvity a~id a ma~ter o( ebao~~te rigM to said MORIGAGEf, and wnhc~t ref:vencr to the
edequaty o~ inadeqvaty of the value of ~he property mortgaged or to the so~vency or ~nsoivency of sa~d MOR(GAGOR w t6~• dete~~d,i~~ts, end ~h.,t svch
rems, prohta, incane, i~sues and revenues shsil be appi~ed by wch Rece~ver a,corJ~ng to the Len or equ~ty of sa~d MORTGAGEE e~~d ~he pra~r~ce of s~ch
CouA.
8. To dvly. Fromptly and fully perform, d;scharge, execute, efFect, complete, comp~y with and abide by each and eve~y the st~pulations, agrernents,
.ondit~ons ~nd tovrnants m sa~d prombsory note and this mortgage set }orih.
9. Th~t in the eve:d the ownenh~p of ~he mortgaged prem~ses, o. any part fhe~eo(, 6ccomes vested in a~+c.son othcr than the MORTGAGOR, the
ti1ORTGAGFE, ifs successon and as~~gns, may, without no+~ce to the MORTGAOR, deal w~th s~ch svccessor or s~ccessor in ~ntc.esr w~~h rrtrrence to ti~~s
mo•~gege and the debt hrreby secured in the same manner as with htortgagor wnhout in any way vit,ahng o~ d:schary,ny the Mo~ry.~9ora" liab~l~t~ here-
i.rder or upon the debt herebv srcured. No sa!e of the Fremises hereby mo~tyagrd and no forbearance on the part ol rhr 1.1pR1Gl:GfE o! its successors
er ass~g~+s an~i no ea~e~sion of the t~me 1w the peym.em of the debt he•cby secured given by the MORTGRGFf or its succensors o~ ass:gns, a~~ail operate
ro rNease, d:scharge, mod~fy change or afled the orig~nal Gau~i:ty of ~he MORiGAGOR he~e~n, either in whole or in part.
10. 1? is sF+ec~fically aoreed thar time is of the eise~ce of th~s contract and that no waiver o( any ob~~gar~on hereunder or uf the obligation se-
cvred hereby shal~ at any t~n,e thereafter be held to be a wawer of the /erms he~eof- or of the instrument srcured herby.
11. In add.~im ro the fo~ego'ng ~*~o~th!y paymeros of pnnc pal a~d interesr ~equired by the prom.ssory no~r sec~red hcr„b~, ino~ty ~gor co~e~~ar,ts
3^~ ayr~-es to paY to ~`~o'tgagee v~ith each rnomhiy pay~.~ent an add~i~onal sum esr.~T~ated by rnortyagee to ~e eq~al to 1, t2 of t;~~• an~wal cost of the follow-
,
A-A~f real p~operty +a~rs lev~ed or assesscd aga~~~st thc above desc.ibcd real estate.
B-F.~•~ ,•~s on f~re and w~r.dsto•m ~nsurarce as here~n requ;~ed to be carried on the ~mprovements s~tuate on the above d_•scr~~ed prem~ses.
' C-Pre;r;u~•s on such mon3age gw.anty ir.sura~~ce as mortga3ee shai~ from t~me to t~me deem fit to carry on the loan sew:eci hereoy.
Mortgaaee s~a'~ f•an t~~=:e to t;.se ~onfy me~tgagor m v~r~t;ng ol the amou~t due and aayable hereundrr and such su.~ shal! thereupcn bce due and
; avable o~ the ci~e da~e of the ne~t mpnih!y payme~et and each successive month thereaftcr ur,til mo~tgagee shall nohfy mo~tgayor of a c~~ange in s~~ch
i i"ount. Such sv~ns s1~a! Le app:ied by mortgagee roward the payment of real property taxes, insurante prem,ums, and mortgage guaranty inwrante
~•emwmf.
~ IN \YITNE~S tiLNEQEOF. !I~e sai~ MORTGAGOR has hereuntp set his har.d and seal the day and yea: first aforesaid.
Sig Seated anc{„defivered in the p~esence of: ~ 6 n~.
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{ ~ ATE OF fIORIDA
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C~uNTY OF ST. LUCIB 1
eefore me pcnonatly sppearcd John Kalivas snd
.llA~11e ~livas his wife, to me well known and known to me to be
fhr ind~viduals described in and who executed the forrgoing instrumeM, and ackrwwledged before me that they executed the same for the purposes
rhe.ein expressed. And the said Jeanie Kslivas
~ «~{e of rhe ss~d .lOZ1A ~i1Vai upon a separate and private
e¦ammat~o~ by me taEer+ separate and apart from her said husband, atknowledged to and before me that she eaecuted said instrument freely and voluo-
ta: ~ty and w~t?w~t ~ny compvlsion, corstraint, apprehens~on, or fear of w from her said husbsnd.
~ WfTNESS my hand and officiai seafi~h'~ e'~ day of A. D. 19?~
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K;< Notary P~blic in and fw the State of Florida at large
'l'r My Commission e:pires: :
~ Rerurn To: '~~~~~~~~~NMh~~~ NOTARY PUBIIC, STA~E Of FLORIpA AT tAROE '
~ Fcrs? Federal Sa~~~gs ~oan A:soc;at,on ~(Z-~~~ MY COMMISSION EXPIRES SEPT. 23, 1973 }
~ Of Fort P.e:ce ~ % T~ F~ w. ~
Fo P~erce. ~ ~C v~ ~
~ , n Flor,da ; _ ~;,.t~ v : ~ F~~p~ANO RECOADEO'~ ~
~ = ~~~,Q~°`~~'==',? ST. LUC~E COUNTY.'~LA.` ;
~ RFCORD VfRIF!ED
= . . ~ _
~ = • p- o ~ m,
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This Instrument Prepared By , nc~ 2
F~rst Federal Savings 3 loan Associati,o~~(~: . F• ~ ~J`~~~ •
~ Flozia~c•, TO OCT 7 AM ~ I. I6
~ of Fort Pierce • l~`~eui~~!~~~,,` ~U
Checked By L.~1.-- ~ - ~~t~
' ROGER i'OITRAS
d00K~V~ PACf1U~ CLERK CIFtC~IT COURTJ _
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