HomeMy WebLinkAbout2461 J. To p~~c~ and cone:~wously ?e~p on ~he b~~'d~np~ now a Iw~a1tN s~~u~N on ~~~d ~~d ~nd on cquiy~nem •nd pe.w~,~t1y cove.ed bY ?h~f nwr~¢
pa. w~th dl p~n„umf thereon pad ~n lull, fK~ i~we~nce ~M uwal ua~~d po;Ky lam. ~n + su~n aNyro.ed br ~?~e MOR.G~uEE. ~~~d +.~~~ds~a~n
~~~wanc~ in ~M uswl ~~~ndard pol.cy lam, ie • wn+ ~pWord by tM MORTGAGEE. M~ wcA canwny w c«++pan~e~ as ~h~ MORIGAGEE ~y
d~naJ ~nd ~11 fu• and wMdsro~n+ iowr~nc~ pO~KM~ on ~ny ol sad t,uikl~~ps. ~ny im~r~~~ ~Mre~~ w pa~~ +hereol, in H» ~~~e9i~~ wm •Iwes~+d o~ 1
in ~acess ~herwi, ~iull cam~a+ Nr u~wl s~~nd~rd ma~9+pN d~ua~ a~uch o~hN ctw~ ~s ~M Matp~yN may ~equ.r~. m~?~np ~M Iosi u.~le~ se~d po~i~
Nef. ~ach ~nd wery. paYabN W s~~d AM~RTGAGEE a~ ~u ~~~sref~ ~y appew. a+d e+ch and •vcry ~uch pot~cy shali be WompUy u~ yned ~„d d~i.rered ~o
~ey heW by ~~d MORIGAGEE fwtha set~~ity to wid ma~p+y~ debt. ~nd. no~ bu ~han ~en (101 dars in ~dw~K~ ol the •~p~r~t~ai oi e+ch po~~cy. to dr-
I~ve~ lo s+d MORiGAGEE • rt~?~wil thaeof, to~IF?M with • receipl fo~ tAe prem:wn ot suth renewal; ~~~d ~he~t sMll tn no L~e or w~ndtitwm ~~~ur~nt~
pl~c~d on any of s~id bvildinps. any iMer~st thN~~n a put thereol, unless in the fam and w~~h IM los~ p~Y~bi~ as ataesaid: a~+d in il?~ event any sum
of money becanaa p+Yabl~ undN such poliey a potKi~s wid f~WRTGAGEE shatl Mw tM op~~on to rece~ve and apyly ~Iw f~niC OI~ ACCWl~~1 of ~he ~ndeb~ed-
nes~ secur~d ANeby a a permlt said MORTGAGORS Io receiv~ ~nd us~ i~ a any par~ ~he,ro{. fa onx•~ H„~F.os~s. v.,~t,o~~ u: w~~~~ ~r ~.^P~~,.
~np any equ~ty. I~ee a rqht under w by virtw of ~hi~ mort9aq~; ~nd in ~M tvem sa~d MORTG~?GORS shall fa any ~eason I~i~ ~o krep ~he sald premiscs so
insu.ed. a f~il b d~~iva ptomplly ~ny ot said politi~s ol in~W~nt~ to said MORTGAGEE. a fa~l prompely Io p~y fully any pre~r~um the~eiw ot in anr
respect (ail ro paF«m, d~uh~~ys, •aecut~, ~ff~ct, complet~, compiy wi~h ~nd abids by this cove~an~, a•ny par~ ha~eof, ia+d MORTGAGEE msy p~~ce a~w
paY (w such ie?iv~.nce w~ny part thereof without waivirg a.afi~ctlry My option. li~n. equiry. or +:gM unde. a by vir~w of ~his M«tgpa ~nd the
tuil a~r~ou~t o( each ~nd ~v~ry ~uch p~yma+1 sMll b~ imrnedi~~~ly dw ~nd p~yabla ~nd shall bear interesl (rom tM dat~ Ihereol u~~ii pa~d at the rata ol
~~ne per cenwm pe. annum and ~a~e~her wi~h ~uch inre.e~t ~hall bs sacu.ed by iM lien ol thii ma~9aye.
1. io permit, cann+i~ w sufier no wait~, impa'ument o~ dtttriw~tiot? of ssid prope~ty o~ a~y paA thereof.
S. To pay all and sinpul~r the costs, cM~qes and exp~nses, includin~ a reas«+~bk at+aney's fee and cosn oi abstracts of ~itle, incurred or paid s~
eny time by u~d MORTGAGEE, betaus~ w i~ the evanl of the tailure on the part of ~M tsid MORTGAGOR to duty, pranprly and f~liy perfam, d~xharge.
e.ecute, effec~, compkte, comp~y w~th and ~b~de by each and every the ~tipulatwns, sg~eer+unts, condiNO~s, and covenami of sa~d promissory note and ~h~~
i~atysye ~ny o~ ei~her, anrl sa~d co~ts. charges and eapensei. esch and every, shall be immed~ately due and payable: whe~her a no~ ~~ere be no+~ce dt
mand, attempt to tolkct or tuit pend~ng; ~nd the full snwunt oF each a~d evety such payment shall bea. in~erest from ~he da~e thareot unlil pad at tht
~ate o~ nirx per centwn per annum; and all said cost~, charges and eapensea i~turred w paid, togelher w~lh such interest, sF.all be secured by tha t~en of th~f
mortp~Qs.
6. Th+~ (a) in the ev~ot of any breath of this Mwtysgt w default on the part of the MORTGAGOR, a tb) in the event eny of sa:d svms of money
herein referred to be not promptly and Fully paid within thirty (30) days neai after the same severalfy become due arn! payable, witFwut de~nand w nouce,
or (c) in tFro eveat each and wery tFw stipulations, sgreements, conditions and covenams ol sa.d promissory no~e and ~h~s nwrtflage any w e~thcr are oof
~uly, promptly and fuily perfwmed, d~uhar9ed, executed, effected, compteted, compGed w~th and ab~ded by, then in c~ther w any s~ch evem the sa~d ag
gregat~ sum mentaned in said promiuory no~e then remainirg unpa~d, with interest accrued, and atl moneys secured hereby, sha11 become d~e and pay-
abie fathwith, w thereafter, at the option oi said MORTGAGEE, as tully and completely as il atl of the sa~d sum~ of money were or~ginalty ~t~pviated
ro be pn~d on sucti day, a~ything in sald prom~asay note w in this Mortgage to the contrary notwiihstand~ng; and thereupon o~ thereafter at the op!~on of
sa~d MORTGAGEE, wirhout no~ice w demand, s~it at law or in eqvity, therefore w thereafrer begun, may be prosecuted as if ~fl moneys secured hereby
had matured prior to its institution.
7. That in the event that at the beginning of or st sny tims pending any suit upon thia lAortgage, a to foreclose it, or to retorm it, or to enforce
payment of any daims he~eurxier, said MORTGAGEE shall apply 1o the Cour~ hsving ju~~sdiction ihereof for ~he appo~ntment of e Rece~ver, such Co.,?t shall
forthwith sppoint a rcceiver of said mortgaged property a~l and singular, includ~ng alI and s~ngular Ihe income, p~of~ts, iss~es artd revenues from whafever
soucce derived, ea~h and eve?y of wh;ch, it be~n~ expressly understood, is hereby mwtgaged as 'rf speuf~cally set fath ar+d desc~ibed in the granting and
habendum clauxs hereof, and such Rrceiver shall have ~It Ihe broad and effective funu~ons and powe~s in anywise entrusted by a Cou~t to a Recriver, and
:~ch sppantrt+ent shafl tr. made by such Court as an admitted equity and a matter of absolute righl to said MORTGAGEE, and wi~hout referentp to the
edequacy a inadrquacy ot Ihe value of the p~operty mortgsged or to the so:vency w insoivency ot said MORiGAGOR a the defenda~ts, and that such
ren~:, profits, incomc, issues a~d ~evenues sMll be applied by such Receiver according to the lieo o~ equ~ty of said MORiGAGEE and the practice of such
Cwrt.
8. To duly, promptly ar?d fuIly perform, diuhsrqe, eaecute, effen, complete, comply w~th and abidc by each and every the stipvlations, agreements,
conditions and covenarts in sa~d promissory note and this mwtgage set forth.
9. That i~ the event the ownership of the mortgaged premises, w any parf thereof, becomes vested in a person othe? than the MORTGAGOR, the ~
MORTGAGEE, its succeu.xs and assigna, may, without notice to the MORTGAOR, deal with such successw w s~ccessw in interest with reference to this t
mo+tgage ~nd the deht hereby sec~red in ihe same manner as wi~h Mortgagor wiihout in any way vitiating or d~xharging the AAwtgagori liability herr ~
u~der or upon the deb~ hereby secured. No ssle of the premises hereby mortgaged and no forbeaiance on the pan of the MORTGAGEf w ib successws t
or assigns and no ex~ension of the time fw the payment of the debe hereby secured given by the MORTGAGEE o~ its successors or ass~gns, s1w11 operate ~
to retease, d~xharge, mod~fy cl»nge a sffect tF~e orig~nal liab~l~ty of ~he MORTGAGOR herein, either in whole ~ in part. '
10. It is spedfically agreed th~t time is of the essrnce of ~his contract and that no waiver of any obl~gat~on hereunder w of the obtgatwn sr
cured hereby shall at any time thereafte? be held to be a waiver of the terms hereof or of the instrument secured herby.
11. In aod~t;o~ to the iorego:ng monthly payments of p~int'pal and inserest required by the prom~ssory no!e sec~red hereby, mortgagor co+enants
and agrees to pay fo mo:tgagee Nith each monthly payrnent an addirional sum est~ma~ed by mortgagee to be equal ~0 1 j 12 of the annual cost of the follow- i
, ing:
1
A-Al! real property tazes levied or assessed agai~st the above dexribed real estate. ~
B-Premiums oo (ire and wir.ds~orm insurar.ce as here~n requ~red to be carried on the improvements s;tuate on the above described premises.
C-Premiums on such mortgage guaranty ins~rar~ce as mortgsgee shall from t;me to tirne deem fit to carry on the loan secured hereby.
Atiortgagee sfiail f~om time to time notify mortgagor io writing of the. amount due and payable he~eundrr and such surn shal: thereupon be due and
rayable on the due date of the next monthly payme~t and each successive month tnereaf~er urtil mortqagee slwll not~fy rrwrtgagw of a change in such
a~,ount_ Such sums shait be applied by mwtgagee ~oward the payment of real property taxes, insurance prem:ums, a~xl mortgage guaranty inwrance
p•emiums.
IN WITNE55 EREOF, • saLd MORTGAGOR has hereunto set his hand and seal the day a ear f~ st k
j t Siyned, a i ~ of: ~
; \ ~ i1CED RMD RECQRtiEQ +4
E ST.IUCtE COUNTY FIA.
; ~ ROCER POITRAS - n
~ CtElil~ CIRCUI~ GO ' !
- RECORD vER~F1EQ~~~~ . o~~~~ a
,
26 3~ PH'71 4~-:
SiATE OF FLORIDA ~ "
_ • •:rx;= _ ~.,434~-~ ~ :
~ couNn oF St. Lucie - 2~~3~i ' o~.=.~.'-~~~~-1 : ri- !
` _
~ Befae me perw~ally appesred ' wr v. i
Arline R. s • c
;
~ Di Vagno his wife, to ~ W~n- ,a i
~ rhe ind~viduats described in and who e:ec~ted the foreQoirg ins~rument, and ackrawledged before me that they exec~t~d ' ' ~
" . / y 1
~?,2,~~~ e:~.~a_ ~,d tr~ ,~~a Arline R. Ili Va¢no s. -''i~. .~y~~~.~,;
~ ~„r~ of ~~a ~lbert J. Di Va¢no ~;po~P,~~r~?~i+' ' t;~•+•
~ eaam~nat~on by me taken separate and ~paA from her ssid h ~cknowled~ed to +nd befwe me that she executsd said i~strunl~ ~.all_ .~rWwr
~ ra<<ty and w~rhout •~y compvlsion, constraint, apprcF~ens~on. ~~of or from her said Fwsband.
~ WITNESS my hsnd •nd official seal this a~` d~y o u A. D. 19~_
~ _ -
~
~ N Public in and for the St~te of Florida st larye
~ My Commiuan expires:
Return To:
~ F~nt Feder~l Ss~~r+gi 3 lw.~ /?ssoc~atcon NOTARY PC:.IlG, STATE OF f104:3A AT UINSE
~ O~ Fwt V~erce. . !dY CG."~ii:~~J:~iQ~~ j.}(p?KL~ ~~~'l. 23~ 19J2
~ONUED 7NROUGH FRED M'~ A~EqTELNORf?
~ Fo~t Re~ce, Flaida
/ / - ~
_
~
~ This Instrument Prepared By ,j. D. ~astain
~ First Federal Savings 3 loan Association
~ of Fort Pierce ~ FlOrida
~
~ Checked By
~
~ s~189 2~5~ ~a
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~ _ Y _ _ w -
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~ ~~~~~~~~kr .r