HomeMy WebLinkAbout1306 ~ : ~ .
To pl~c~ ~nd conti~uo~sty ke~p on tM buildinpi eww w I+er~aftN ~itu~t~ on said land and on all equipm~nr and pKfonally cov~r~d bv ~1+~s mor~
+q~, witt~ ~tl pr~miums Nw~eon pa~d in fuil, (i~~ insv~~nce ~M u~w! itardard pol;cy fam, in • ium approved by tM MORTGAGEE, u+d wind~torm ~
in~wanc~ in ~M wwl iiandard pol~cy tam, {n ~ wm ap{xor~d by ~M MORTGAGEE, in s~ch company o? compan~K u~he MpR1GAGEE may
d~nctj Md dl fin ~nd wi~xbro~m insurana polK~es on u?y of Nid IiYildi~s, My iflMrttl the~ein or part thtreof, in ~M apy.cpi~~ sum ~fwnaid or I
M~xceu ~he~~ol, ahall conlain ~M viwl s~andard mortya~ d+us~ a such o~F~ clauw a tM Mo?~ypee m~y requK~. ma~irq ~h~ bu undH ?a~d poii~
ci~t. ~acA ~nd wNy. paYabl~ b uid MORTGAGEE as its inlere~t may ~ppsar, u~d each ~,d eve.y i~ch policy aha(I b~ promptly as~.yned and delivered ro
•ny hetd by aid h10RiGAGfE ~s /urrhe~ ~ecv~ity ro a~d mwtQap~ deW, and, not 1*ss tMn 1en (10) days in sdvanc~ of t1+~ srpiratwn ot e+ch pol~cy, ro d~ ~
I~ve~ ~o ~aid MORTGAGEE a r~nawal thHSOf, ~op~thK with a receipi fw ths p~~miwn oi such re~ewalj snd ther~ ~hall be ~o fue or windsiorm inwr~nc~
plapd on ~ny of said b~ildinqs, ~ny i~ter~at tl+Kein w p~rt rMreoi, u~leu in ~h~ form and wirh tM 1os~ payabl~ as afwesaid: and in tM ~ven1 any sum ~
of nwMy becwnp p~yabl~ ~nd~ suc}, po~ky a po1K;K ~a;d MpRTGAGEE shall Mw tM opfion ro raceive and apply the same on ~cco~nt of the indeb~ed-
neu s~eu~~d Fw~aby p fo pKmil said MORTGAGORS to rsoeiw aod use it a any pan thereof Iw o~her pwposes. wiehwe the~eb/ waivi:~g o~ m~paia
inp ~ny p~iry, li~n or ~iqh~ vnder or by virtw of ~hii mortqaQr, and ;n 1FN twnt ~aid MORTGAGORS shall fw ae?y reasw~ (~il fo keep ths aid pem;ses so {
insurad. a~atl fo delivH promptly any of said polities of i~sur~nce to said MORTG/1GEE. w fail promptly to pay (ully any premium therefor o~ in anY
respect lail ?o pNiorn~, dischar9e, execvt~, ~ffed, complete, comply with a~d ~bide by thi: eovenant, o~ any part hereof, said MORiGAGEE m~y p1~ce •nd
pay fw such inwrarKt oi any p+rt thtreof without w~hrinp a affactinp any option, Iie~, cqu~ty. a right unde? w by virtw of ~his Mortgape, and ~hs
ful{ amount of each and ~wry s~ch p~ymMt shall be immediately dw ~e+d p~yaWe and sMll be~r intere~l from ths date thereof until paid •r ths rat~ o! '
nine per ce~tum pK anrwen a~d togatha with sucl+ inte.est shatl be secured 5y tM li~n of tAis mortgafla ~
I. io permit ownrtut or svffa no wut~, impsirnxnt a detaiwation of said property or ~ny pui thereof. ~
5. To pay all and sinyula~ tha costs. charyes ~nd expenses. ~~ncludinp a ~easonable ~ttwnsy i fee and coses of sb~tracts oi Ntle. i~cu~red a pa~d ~t ~
sny time by wid MORTGAGfE, becavse or in the event of the failure on ~he pah of the said N40RTGAGOR to duty, pramprty and fully per(orm, d~xharq~
QAKU10~ e(iect, complet~, comply w~th u~d ablds by ~ach and~every ths stipula~~ona, egreements, cond;uons, and covenants of u~d prom~~sory ~ore and ~his
morfyape any w e~ther. a~d said coat~ char~es and ~xpenses. escf~ and every, ahsll be immediately due and payable: whether a not there be norice ds
mand, attempt to coltect or tuit psnd~np; and tM fvll amov~t of each and eve?y such paymem shall bea. intereat from the date thereof until paid ~t the
rate of nine per centum per annum; and all said cosri, thar9es and expe~ses incurred or paid, togelher w~th wch interest, tMll be secured by the lien o1 thii
^+wtpap~•
b. That (a) in the event of ~ny breach of thq Nb-tysye or default on the part of the MORIGAGpR, or (b) in the event a~y ot sa+d ivms of mw?ey
herein rtferred to be ~ot promptly and futly paid within thirty (30) days next after the same severally become due and payable, withou~ demand or notice.
or in the eveM each and every the stipulata~s. +greaments, tonditions and covenants of ss;d promissory note and th~s mwtgaye any w either are no1
iuly, promptly and fully perlwmed, d;xFwrged, executed, sffected, completed, compl~! with and ab~ded by. then i~ e~ther or any such evem tM said a~-
gregste wm mentioned in said promiasory note the~ ~emaininy unpaid. with interest acuued. and all moneys secured hereby, shall become dw and pay~
ab~e fwthwifh, or thereafter, at the oprion of said MpRTGAGfE, a: fully and completely as i( atl of rhe said wmi of money were aginally supulsted
ro be paid on such day, anyth~ng in sa:d prom~asory r?ote w in this Mortyage to ths comrary ~otw~thstanding; and theteupon a thereaite~ at the op~ion of
sa~d MORTGAGEE, without ~+otice a demand, suit at law or in equity, therefore w thereaf~er begun, may be prosecuted u if all money~ secvred hereby
had matured pwr Io in institution.
7. Tha1 in tl+e event that at the beginning of or at any time pe~?ding any suit ~pon this IYbrtgsge, a to fweclose it, or to reform it, o? to enforu
payment of any clsims he?eunder, said MORTGAGEE shalt apply to 1F+e Court havi~g jvr~sd~ction ~hereof (or the appo~ntment of ~ Receiver, such Court shaFl
forrhwith appoint a~eceivei of uid mortgaped property ~II ~nd s;ngular, ir?tludmg all and singular the income, profiti, iuuet and revenues from whatever
wurce derived. each and every of whKh, it bei~p ~xpreuly urKleratood, is hereby mortgaged as if spec~fically set farh and dewibed in the ~~~~tin~ and
habendum dauses hcreof, u~d such Receiver shafl have •N tks broad and ef(ective functwns ar~d powers in anywiu entrusted by s Cou~t to ~ Receiver, and
such appointment sh~ll be made by such Covrt as sn admittcd equity and a matter of abwlute riyM to said MORTGAGEE, u+d withoul refe~ence to the
adequ~cy w inadeqwcy of the wlu~ of the property mortg~yed w to the soNency w insolvency of sa~d AAORiGAGOR w tlro defendann, and that such
.enta, piofits, income, ~ssues and revenws sh~ll b~ applied by s~ch Receives accwd~ng ~o the lien w eq~ity of said MORTGAGEE and the p~actice of such
Court.
8. To duly. promplly se~d fully paform, ~rge, execute. effect, complete, complY with snd abide by eacf~ and every the stiputations, apreements.
conditiont and tovenama in said p~pmissay npt~ and this mortgage set fwth.
9. Thst in th~ event the ownenhip of tM mortgaped premises, o~ eny part thereof, beoornts wsted i~ a person otMr th~n the MORTGAGpR, tl+~ i
MORTGAGEE, its successws ~nd aui9ra, may, wi~hout notice ro the MORTGAOR, deal with such wccessw w wcceuor in inte?est witF~ re(e~~nce to thia %
mortgage snd rhe deW hereby secu~ed in the ~ame manner sf with Mwtgaga w~thout in any way vitiatirg pr dixharging the Mort9agors' li+bility h~ra ;
u^de~ or vpon the dcbt hereby secured. No sale of the premises hereby mortgaged and no fwbearance.on tM paA of tFK MpRTGAGEE or ih successon
or auigm and no extension of the time for the payment of the debt here6y secwed 9iven by the MORiGAGE~ or its successon or ass;gns, ,hal1 pp~~at~
~o rekasa, dixF~+rye, eoodify change or ~ffecl the wiginal lisbility of the MORTGAGOR herein, either in whole or in p~rt.
10. It is apecific~lly agreed that time a of the eascnce of this ca?t.sct and that no waiver of any obligation hacunder or of th~ oWig~tion se-
cured haeby ih+ll at any time thereafier be hek~ ro be a waire? of the tcrms hereof o~ of the iratrumem secured herby.
11. !n additia~ to the fwego'ng monthly payments of princ"pal and interest required by the pram;ssory rw~e secured hereby, mortgagw covenants
and agrees to pay to mortgagee with each monthly payrnent an add~~ional sum estimsted by mortyagee ro be equal to 1~ 12 of the an~ual cost of the follow-
ing:
A-All reat property ta:es levied or assessed ayainst the ~bove described real estate.
B-Premiums on fire and windstwm insurance as hereio requ~aed to be ca?ried on the ;mprovementa situate on the above dex~ibed premises,
C-Premiums on such mortgage gwranty inwrar~ce as mortgsgee sha11 from t~me to time deem fit ro carry on the loan secured hereby.
Matgagee shail from time to time notify mongagor ;n writ~ng of the amov~t due and payabk hereunder and such sum ahall thereupon be due ~nd
payabk on the dve date of the next monthly payment and each successive month thereafter urti! mort9~e ?w~~tY ^~19a4a of a change in such
amount. Such sums shall be applied by mortpagee toward th~ payment of reat prop~rty t~:es, insurance prem:ums, and mort9age ywranty inswance
premivms.
IN WITN~SS WHEREOF, the said MpRTGAGOR has hereuMO sqLFj~~~~al the dsy and yru first atwesaid.
Siyne Se~lad a detivered in the praxnu of: v ~
FILEp ANO RE`pIl~E' ~ •
~ ' ~T. LUCIE COUMTY f1.A.
lIOCER ~OIT1lA= R in T s
' CtER~ CIRCUIT COURT _~„q ;
RfCORO vERtFrEO.._.~~ . Me ria Torre s
STATE OF fLOR10A ~~?0 2~ PH'1I ~
3~ ~
CQUNTY OF -
e.t~ ~~.,,o,,,uy ,~.,,~d _ Ro s e 1 i n To rr s
~ ~ Marie Torrea '"d ~
his wife, to m~ well known and know~ 1o m~ to be t
the individwls described in snd who txeart~d tM for~or p trr~ t, and ~cicnowledped b~fon m~ that they ~aecuted the sarn~ fo? the purposa
?he~~:n ucp,.s.ea. And th. 1~i8'°rl"8 ` 1'orre s
w;re of tb. .,;a Ra se Z i n TOrrA s upon ;..p...r. .~d P.w.n
examie~ation by me taken ~eparate snd apart irom her taid husbantl. Kicnow{sdged to and b~fat m~ tMt she execvted said i~strument fretly and volwr
rar;ly and w;thovt u~y compu~sioe, consfraGnt, appreMiuionI,~ feu of w from her wid
WITNESS my Mnd and official seal th~. ~q1~ ~y ~ ~ember A, D. 19
-,,~.<~t~ 1~~___l.t~t~ .
_~+I ,~,,P,~u,b;,l~ic in a~d fw th~ Sut~ of fbrids at larp~
. ~Ni~~~'°"ion txpires:
Refurn Ta _ ,,~~~{N~l~
f~tir Fsd..•i s.~~s a to~, ~..oc~.ta~ - /4-~lv ~y? ~IOiMR PUBU~? AATE Of ftOWW1 A? IARCE
Of Fo?t p~erce. ~MMISSlON EXPIRES SE 1gT3
' ~a ~ w'~~~ ~oNOED iWlu FAFD Ni. OIES?
Fwt Pierce. Florids ' ~t ~t ~ : , ~
f.~ • ~ 3• :
.
c,~ s~a;~.~, ;
' ~
- t » F" ~ ~ `
This Instrument Prepared By John '~1. COl~'~ ' a r r~v •
First Federal Savings b Loan Association : t.. •r ~
. -
of Fort Pierce,~ Florida . . ~ ~
• L ..ti~~ 5,.•• :._r~
Chetked By yy~,,~»u"N'~'' .
BOOK~VV PACE~~~
~ '
~ ~
~ , ~ ~4 „ < _
$ ~ i . ~ A
~
~