HomeMy WebLinkAbout0927 .
To p1.c~ a+d conrinuov~l~ k~p on ~M bui:d?rg~ now a 1?~r••NN ww•q oe~ ~a~d lond ~~x! on ali eqvi~nt ~nd p~•fpn~tiy tova?ed by ~his ma~¢
pe. witA ~11 premlrms ~ha~on pad ,e ivll, lu~ inswa?c~ ~n iM uw~t .,a~d..d poi~c~ forn?, in a wm app.o+~d by ~1~c MORcGAGEE. ~nd w~nd~~am
~~~wanc~ in rM uwal ~~andard pct.cy /orrn, i~ ~ wen ~pp~rovsd b~ ~M AWRIGAGEE. t~ ~uch company w compa~~e~ ~s MORiGAGEf ~y
dir~ttt Md ~il fk~ ~nd w~qrn~ u~sw~np polici~t on ~ny of s~d puiW~np~, ~~y {nla~st iMr~in o~ part tMrwi. Ifl tI1! ~~~C9~1~ ~YT ~la~sa~d a
+n ~ac~ss ~he.~of. ~MII com~in ~hs wwl pM,dard n+a~ppN dw~ or wch ahN.cta~,H W tM Mw~psys~ may requw~. m•?~np ~M tos~ ~~+de. s.~d pot~
ci~~. ~atA a~d eye~y. paY~bN p y~id µpRTGAGEE a itt intkat n?~y ~pp~ar. ~nd ~acA and ~v~ry ~ucA po~Ky sh~ll b~ prompuy u~ y~xd •~d de~+~rred ro
~ny Mld by said MORTG/1GEE ~s furtM~ wcvrity ~o said mw?yap~ d~bt. ~od. ~+a 1~ than f~n (101 oari io adwnc~ o( ~he expu~t~oo of e•ch polky. fo d~- j
Gv~r ~p pid IWpRtGAGfE • r~xw~l tlwr~o/, roqt~hN w~tA ~ rwipt Iw IM p~a+iwn ol urth rtnewat: ~od ther~ sha11 be no i~re o~ w~~~daio+~n in~w~nc~
p~+ud on ~ny ol a~d Euildinps, any ietM~st ther~in a pa~t tF~wf, unbss in IM form ~nd w~th ~ht loss payable as afw~faid: ~nd in the ~vrnt any wm f
of mw?~y becar,~~ payapl~ u~dK wd~ po1Ky p~ ppl;c;a sa;d 1y~pRTGAGfE fhall Mw ~hs oprion ro recaive end apply fhe taene on iccounr ol ~he i~~debied• i
ness kcw~d Mr~py oi b p~rmil said MpRTGAGORS to rKeiw aod us~ it p•oy pa~t Ihereo) fo~ othrr pu~poses. .v.~ho~i ~h~r,o~ w~i~i.s~ w uuw~.-
+nfl ~~Y pu~ty. IiM or ri~h~ unds~ a by vinw of this mortpay~; ~nd in tM ~ver+t sa~ MORTGAGORS ahell (w any ~cawn fait ~o kesp the said premisrs so
~nsu.ed. or fait b d~tiva~ prornptly ~ny of f~id pOIKiN of insur~nc~ to ~aid MORTv'AGEE. a lail promptly to pay fulty any prem~um ~herefw a in anr
respect fail a pwfwrq, d~xhuy~. ~a~cut~. ~fhd. compkt~, comply wi~h ~nd abide by th~s coven~ro. w~ny pa~~ he.eof. sasd MORIGAGEE may pi~ce +nd }
pay fa tuch inwranc~ ot any part tl~eof without w+ivinp a~ifMi~+p ~ny optiati, li~n, equity, or ri~ht undea a b~ v;rrw of th;s Ma~gags, and the }
!u11 amo~nt of each ~nd ~vKy such paymen~ sMll b~ irrvnediately dw and payable and ahall b~a~ in~ere~t from ~M date thereof un~il pe~d a ~M ~ate ol s
n~ne per centum pe~ annum a~d togNhN with svch imerest shaU bs securod by flw li~n o1 this mort9sQ~.
1. To p~rmif, commit ot sufFer no wasN, impairment w deterioratiw~ of iaid prope~ty w~ny put theraof. ~
S. To p~y ~II ar~d urgula~ tha coats, char9es u~d expe~ses, i~+cludirg a reasonable +teo~ney's fee and costs of abstracts o~ tirle, incurrpd w psid st ~
any time by siid MORIGAGEE, btcava~ w ie the evero of tM failwe on tM pa~t of ~M said MORIGAGOR to duly,.prompNy and futly periorm, d~uharg~,
e,c~cut~, tffect. comple~~. comply w~th and abide by each and every the stiputatiwu. agrceme~ts, conditions. ~nd covenann of sa~d prom~swry nore a+~d th;~
m:xtyaas any a eitl~. and said costs chupes and ezpenses, each and evwy, shall b~ immediately due and payable: whether a not there be no~iu de !
mand, attempt w colkct ar wit pending~ and the full amoum of each and eve~y s~ch payment shatl bea. interest fran ~he date thereof ~nril piid at the t
raTe of nine pe~ centum per sruwm; a~d ail said costs, char9es a+~d e~epe~ses ir~cwred o~ paid, together w~th tuch inte~est, shall be secured by the I~en of thi~ ~
mortpa~,
a. That i~ the event of any breach of this Mortgage or default an the part ot the MORTGAGOR, w(b) in the ave~t any oi u~d turns of mo~ey
herein referred to be noi promptly and fully psid within 1Airty (30) days next aftcv the same ssverally become dve and paYable, wit?w~rt de~nar~d or notice,
or (c) io the ever.t each snd every the stiputatio~q„ agreemMb, conditions and covenants of sa~d promissory note and ~h~s mortgage any or e~ther a~e no1
~uly, promptly and fully perform~d, d~scharged, executed, effected, compkted, compl~ed with end abided by, then i~ e~ther w eny such event ths said ag
gregata wen mentioned in said promissory rqte then remai~inp ur?paid, with iNCres1 acuued, u+d all moc+eys secured hereby. shall become dw arxl pay-
ab;e fortkwith, or the~eahe~, af the option of said MORTGAGEE, as fully ard completely ss if all of ~he sa~d wms of moRey wcre aginally s~ipulated
ro be paid on sucA day. anything in said promissory nore or in this MortQape to the conf~ary notwithstand;ng: and thereupon a therealte~ ~t tM option of
sa~d MORTGAGEE, without norics or demand; wit at law o~ in squity, 1FIk~lfOf! Of 1IItfNftK begun, may be proaecuted ss if all moneys secwed hereby
nad marwed prwr ro in institution,
T. That in the event that at the beginn;rg ot or at any tim~ pending any wit upon tha Mortgsge, a to foreclose it, or ro refwm ib a to enface
payment of any claims he?evnder. said MpRTGAGEE sl~all apply fo the Court hsvi~g 'ry~isdiction ihcreof tor the appo~ntme~t of a Receive?, such Court shall
Fonhwith ~ppoint a reteiver of said mortyaged p?operty all s~d singular, inclvd~ng all snd aingular 1he ;ncome, prol~ts, iuues and revenues from whafever
source darived. each ~nd every of which, it beirg expressty undcrstpod, is hereby mortgaged as if speci(ical!y ut fwth and described in tha gr~nting ~nd
habendum clavxs hereof, ~nd s~ch Receiver shall Mve •II the bro+d and effective fu~ct~ons and powcr: in anywise entrusted by a Court lo a Receiver, and
such appoi~tment shalt be ma~ by such Court u in admitted equity and a m~Ite+ of absolute right to said MORTGAGEE, and wi~hout reference to ths
adequacy a'~nadeqwcy of the valus of the property mwtgaged or to tAe swvency or insolvency of said MORiGAGOR or ~he defenda~ts, and that such
rents, profits, u~torne, nsues and revenues sh~ll be ~pplied 6y such Reteiver ~ccording to the iien or equity oi said MORTGAGEf and the prattice oF st,eh
CouA. .
8_ To duly, promptty and fuly perform, d~scharge, execute, effect, complete, comply v~rith and abide by exh and every the stipulaYron:, agreements, !
conditions and wvenann in said promissory note uK! this matyage iet fwth.
9. That in the event the ownenhip of the mort9aqed premises, or any part thereof, becomes ves/ed in a perwn othe~ than ?he MOR7GAGOR, ths
A10RTGAGEE, ib wcceuors ~nd assigns, may, withovt notice to the MORTGAOR, deal with such wcceswr or successor in interest with referance to this ~
mortgape and tF~e debt hereby setured in the same manner as weth Nbrtgagp without in ~ny way vitiating a dixharging the Mortgagors' liability here- t
under w upon the debt hereby secured. No tale of the Frerreises he~eby mo.tgaged and no forbearance on the part of the MORTGAGEE o~ iri successas
or assigns and no extension of the time for the p~yment of fhe dcbt hereby secwed given by the MORTGAGE'_ w its successas or ass~gns, „'ia11 operat~
~u release. d~scharye, modify change a affect the wigina! li~biliry oi ~he MORiGAGOR herein, eithar in whole w in pa.t.
10. tt is specifically agreed that time is of the essencs of this contract ~nd fiKt no waiver of any obl;gation hereundrr or of the obligation ir
cured hereby ahall at any time therrafter bs held to be a waiver of the terms Ixreof or of the instrument secured herby.
I1. In add:tion to the fwego:ng monthly paym~nts of princ'pal and interest required by the prom~swry ~o~e secured hereby, mortgagor cover+a~is
ar.d agrees to pay to mortgagee with each monthly piyrruM an addi~ionsf sum estimated by mortqagee to be equal to 1/ 12 ot the annual ccst of the follow- ~
ing: ~
A-All real property taxes (evied or assessed against the above deuri~ reai estate. ~ ~
B-Premiums on fire and windstorm insurance as here~n reyu~red to be carried on the improvements sitvate on the above described premises.
C-Premivms on :uch mortgage guaranty insurar.ce as mortgagee shall from time to time deem fit to carry on the ban secured hereby.
Mo~lgagee sAall from tirne to time nm;fy mortgagor in wr;ting of the arteoum due and payable hereunder' a~x! xuch surn shall lhereupon be due snd t
Fayabfe on the due date of the neat monthly payment and eath successive mo~~h thereafter ur.til mortgagee shall notify mortgagw of a change in such ~
amouM. Such sums shatl be appiied by mortgagee toward the payment of real property taxes, i~surance prem:ums, and mwtgsge guarany insurance
premium~. •
IN WITNESS WHEREOf, the said MORTGAGOR has hereunfo iet his hand and seal the day and yeu fint aforesaid.
Sipned. Sealed an/d~ del' ed in fF+e e~nce of: r~
J_ ~ 7,., FILED ~?NO 9ECOAOE ~
st. LUCIE C~tINTY f~ .a.,> j
- ROCEit PQ~Tq~$ ' Or ando asse z o-~ ~
; ` _ _ _ CIERK CtRGU1T COURT n
RECORO YERIPlEO
- Laura Msasenzio ,v_~
SiATE Oon~o~t New Jerae~ .1 ~ ~~1
couNn oF _ ~-5.~~ ~ ss' ~G1.:~44
~
Before me person~lly :ppeared - I` 8T1 O 8888 O ~
Laura Ma s senz io h~s wife, to me well kr,own ar~d k.+orrei ro, rne to b~
?he individwls described in ~nd w!a executed tF~e foreyoinp usstrwnent, r~d acknowted9ed before me that they executed the aama- fdr ~hr purposes
rherein ~xp~essed. And the sa~ L~L12'8 Ma 9 senz i o ~
„,~re ,,;a _ Or7 ando MasaA•+~ i ~ v~="
~~on ti ,~d p.;~~t.
examin~tion by me taken separate am! apsn from Re~ said husband, adcnowledged ro end bcfwe me that she executed uid 'a~~r~~~"-
~arily usd without arry comyulsion, constraint. apprehemion, or feu of a from her ~sid Fwsband. _~.a
~ - . • .
WITNESS my Mnd and official saa! thi~ d~y of L ~P` 10~~0
` ` "jr.o...~} _ ,
_
t: ± ~ t'~' ~ ' ~ ~ ~_r - ` ; ~ . A Notary Public i~ and fw the Stat ~ yr ~ , -
~ : • ` My Comm~ ~on ea res• ~
~ ~ DUCL'Mf~V i A~ ~ _ ~ ~ ` . ~ ~i~R~ ct~-..,-. ' .
~ - JAM-5'71 '"r'7~~~ Q; _ , ~ , . ,
~ O j sL~~ U n ' . ~~.ji.c}~i *i~5~? " ~ ~
~ ~ GCa,A7RCllEq ••=z^-'r~ 0 U± ~Q_~,~ s/ " ~ '
p~.l40??3 ~ r er ~ i
p~ ~
R="'~~= (N PAYMENT OF TAXq
~IASS 'C' INTRNGIBLE pERSCt~W. P~pPp~n
~'~~:%ANT TO C!{ApT~R 1p124. ACTS OF 19;1. ~ +
This tnstrument Prepared By J~ D. Chastain F~G r i'v~';,^, Gu'r, Ci;cuit Court ~
First Federol Snvings b Loan Association ~
of Fort Pierce, Florida as A~ert (ct C.;c;1"l N. KfiCWLES, 1R
St lu:ie Cou. tp Taz Colt:dor
Checked By ~
a
eo~ 189 ~ 9~4 0~?
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