HomeMy WebLinkAbout0948 To plac~ and conrinup,sly 4e~p u+ ~he bu~•d~nys ~aw a h~rcat~N atw~~ on iatd iar?d and on ~II equip~nent ar~cl peno~~lly covartd by Ihis mwt¢
~qe. w~~h ~11 p.emiv~~s thr+co~ pa~d :a !ul1, I~~e insurance m ~he uswt su~darJ pot~:y fwm. in • v,~n eHp~oved b~ ~he MOR~GAGEE. and w~nds+wm
:nsuranca i~ ths ~sual s~ond~~d po~~cY fo~~n, in • s~m ~pprov~d Dy the MORTGAGEE, in wch ca++~~anr or canpames as ~h~ A~ORIGAGEf may
dnecr, ~nd att tir~ a,x! w~rwl~to.m inaur~oce polides on ~ny ol sa~d build~r~ys. any i~~:,~s: iha~ein w F~~t ?htreof, in iM +pyr~qa~e som ata~said w
in eacess Ihereof, sM~l con~ain ~t» usual sro~~derd .na~ga9et claus~ a svch o~he~ daus~ ai ~he AA~tflapca m+y r~u~re. ~ulu.q N~e to~s u~xJe~ amd po1F
c:es, each and e~t+y. payab~a ~o sa~d MOR1GAGfE as ~n ~n~e~.tt may ~ppear. +nd e~ch aod every scth ~»i~cy shall be promptly assgnrd and de~~vered ~o
sny hrkl by saiJ h10RIGAGEE a Iwihiy src~~~ty to s~:J ~uatflege debt, ~nd, not less 1M~ ~e~ (l0i deys in ad:.+~Ke of ~F.e e~p~ra~~o~ of carh poiky, ta dr
GYer to said MC~ItiGAGEE a re~~rwai thercof; ~oflerher w~fh a rece~pt fw the p~ar.ium o( such rc~x~wat; a~~d ~hrro a!~aU tx no f.~e or w~~~ds~ar~n infvrant~
placed on a~Y o) s~~d bu~~d+++gs, sny in~erest Ihe~e~n or pa~t Ihereof, unltss i~ ~he 1o~m a.r1 wi~h the loss payable as afc,reuid; ~nd in the evenl any swn
ot mmey becanes payable ~~nda s~cl~ poGcy w po~~cies s•Kf MORiGAGEE s?wll Mve ~Ae opt~oo to rec~~.e a,~J appty the sa~»e on account of ~he i~~ds?~trd~
ness secured he~eby w ro perm~t said MORiGAGORS to ~eceive and uss i~ p any pa~~ thrieof lo~ orh~•r NUf~tiSYS. \'~~~~IJJ~ th:•.u~ we~~„~~ o~ ~mp+u-
~~g a,y equ+ty, Ge.~ w-.cyhi u..Je~ cw by virtue ol this mo:egagr; and in the evem se~d MORTGAGORS slw?~I for any .eason (ai~ to kacp ~he sa~d prem,ses so
msur~d. a fail ro dr~iv~v pranptl}• ~ny ef s~~d po~a~es of 1nw~ance to sa~d MORiGAGEE, a 1a~1 promprly to pay tutty any pre~~u~m ~hcrefor p in a~y
rrsprce fa~l ro p~.form, d~saherye, eaecute, effe~t, comp~eie. comply wi~h and ab~de by ~h~s covenam, a anv p•+~t hcreof, se~d MGRTGAGEE may plxe •~~d
pay fo: auch ins~rence o~ ~ny part thereot w~~hou~ waivin9 0~ •f(ectinp any opr~on, I~en, eqv~~y, w r.gh~ under or b~ v~rtue of fh~s Ma.tg~ga ~nd tF~e
full anwunt of esth ~nJ e.ery such yaynwnt shs1l be im~ned~ately due and payab~e and shall bea. i~terest (rwn ~hs date thercot vn~il pa~d ~t the rale ol
~~nr pe~ canr~m ~I annu~n axl to~rlhe~ wuh such i~~re.os? shali lx srcwrd by Ihs lien ot ~h~s ewr~gaye.
1. To pernut, co~~mit w sulftr no waste, impairment ot deteriora~iw~ of sa~d p~opetty w anY parl thereof.
S. To pey all and s~ngular tM cos~s, charges snd ezpenses, i~+clud~ng a ~e~sw~aole ate~nev's (ee and costs o( abs:racts o( t~tle, incurred w p~ed at
eny ti:ne b~ sa.d MORiGAGfE, because a~n ~he e~t of the fa~lure wi the pa~~ of ~he said MORTGAGOR to duly. p.omptly a~+d futly pertorm, J~uharge.
a.~~cute, efiect, compte~~, can.ply wafi and ab:de by each and every the stipulat.ons, egrec~~cnts, cond~t~ons, a~d cove~wnts of sa~d p.aniisory nore aRd ~h:a
:nongaqe any w e~ther. and »:d r~te., ~ti~r~c: ~r~S raprnars, exh artd evecy, shall be ir~mcd~ately dve and payab:e: whether a ~ut ~here be nonce d.~
ma~id. onempt ~o coi{rd or suit yend~~~; and rhe full amount ol each and every weh paymeM shall bear interes~ (rom ~he da~e ~+~ereof unrl p~:d ~t the
, r o~ ~une {xr esntum ~~er .tnn~~~~r, and aN s~~J costs, chergcs and expanses incv~red or pa~d, toye~het wdh such i~te~esl, shatl be seCurrd by Ihe lien Of ihii
mo~l~ag~• .
O. iMt (a) in Ihe eve~t of any breach of ~h~s Mo~tgags w defau~t ors the parf o1 the 1~ORTGAGpR, w~bj in tF~e evem a~y o~ se:d s~rns of rtwnry
hcre~n relanrd ro be na pranpdy and lully pa~d with~n ~h:~ty (30) days ~xx~ afr.~ ~he san~e urcra'ly become due and p~yob~_, wi~hout dernand or notice.
or (c) in tha evcm exh and cvery tF.e stipv~at~ons, egreements, conditions and covenants of sa•d p~an~sso~y notr and ~h~s mortyage any p e.ther ~re rw~l
i~;y. Pro.~~pNy a~x! iully pe~formed. dscharged, executed. eifecrcd. comp~eted. con.pl~ed w~tk and a6~ded 5y. ~hen ~n enher a any such event IM sa~d ag
grcgatr svm rtr_ntb~~ed in sa~d pran•;sNy note thrn re.»a:ning unpa~d, w~th intrrest.atc~ucd, and aN rtwnrys Secured he:eby, shall become d~e a~.d Pay-
at-~e forthw~th, w ~hereafte~, at the op~~on of sa~d MORTGAGEE, as (u~1y and c«nplere~v +s li all of ~F.a sald sums of money were org~natly ~t~p~iated
~o be pa.d on si~ch day. anyth~ng in s~.d pro,n~ssay note w i~ this Mwrga~e to the contray no~+viths~a~dux~; and thr~eupon a thereafte+ a1 the op~~on of
~a•d MORTGAGEF, M~tho~t non:e or demand, s~~t at law w in equny, thcrefwc o~ thcreaher begun, may be ~xoxcu~ed aa if •II moneys secu~ed hereby
nad maWred w~ur ea .ts i+utitutwa.
7. That in the e.ent that at ~he begin~cng of or ~t any time peodirsg any su~t upon ~bis Matgage, or ~a faetlox it, w to retwm it, w to enforts
paymcm ot any da~~~u fiereu~~der, sa+d MURTGAGEE shall apply ro the Cou.~ havi~g ~ur~sd.ct~on ~he~eot for the apHw~mment of a Receiver, svch Court shall
Fo~~hw~lh appomt a rec.~~er of sa:d mortgagrd prooe.~y all ~r.d singular, inci~d.ng all a~.d s~~~guiar the ~ncome, p~of~ta, issues ar.d reveoues Irom what~ver
se_•ce dr~~ved, each a.x! rvery of .Yh:ch, l;e:ng expreasty ~nden~ood, is hereby matgagrd as ~t spec+f~cafly xt fwth and descnbrd in tAe g~an~iny and
h.+:~endum c!auses herrof, and svch Receiver shall have all the broad and ef(eaive fu~~ct.ons and powers in anyw~se e~trusted by a Co~.l to a f~ecriver, and
s. ch appointment sha? tr mrde by sucA Co~rt as an admitted eqvity and a matter ol absolute r~gM to said MORiGAGEE, and withoul reference ro the
edcy~acy W irldfl2quMy O+ the val~e of the p~oQe~ty mortgaged w to ti.e wivrncy or ~nsc,ive.uy ol sa~d MORiGAGOR a the defenda~ts, and that such ~
re•»s, protits, inco~ne, isaves aod r~renues shall be applied by such Recene~ accord~ng to the lien w l~u~ty oi sa~d MORTGAGEE e~d the practice of ~uch
Co~rt.
8. To d~~y, prompr!y and fully pcrlwm, discFa.ge, execute, eHect, complete, comp~v w~th and ~bidt by each and every the stipulations, agreements.
cond~tions and covenants ~n se~d promissory note and this mo~tgage set forth.
9. That in the event the o~vncnh~p of the mortga9ed premises. a any part thc~eof, becomes vested in a perso.i otFKr than the MORTGAGOR, the
A!.?RTGAGEE, its ;vcceswn a~d ass~gns, may, w~~huut no~~ce to the MORTGAOR, deal with such rxcessor or wccessw in inlerest with refcre~+ce to this
r•ertgage and ~he deb~ h~•rzby sectired in the same manner as with ttortgago. w~thovt in any way vdiatiag a d~uharg~og the Moregagwi lisbility here-
~~der o: vEwn the debr herel~y sec~.ed. Nr sale of the prem~ses hereby nwrtgaged and no fo+bea~sace on the part oF the MORiGAGEE w its successo~s
or ass~g~s and .+o ~~ate~s:an of rhe t~mr for ~he payment of the debt he.cby secu~ed given by the MORTGAGE~ or its s~ccessors or ~ss~gns, shall operate
ro re~eau, d~uharg:, mod~fy change w aifea the o~g~nal liab,i~ty of the MARTGAGOR herein, either in whole w in part_
10_ It is sFec f~callr agreed tha~ t~me is of the esunce of th~s contract and that no waiver of any ob:yat:a'. hereunder or of the obligaYan se- ~
c~~cd hereby shafi at any time thrrea~rer be hc:d to be a wa~rer of the terms hereof w o: Fk instrument secur~d herby.
11. Ir. a~d T:a~ ~o tne fwcyo ~g ^~onth~y payments of princ ~al and interest rs~u~+ed by ihe prem ssory no!e sewred hereby, mortgagor eovenant:
a~d a~r_es to ray ro ~~c-rgagee v.~~i~ each monfh~y pay:.~ent an add~r;unal svm esr.n.ate.~ by mo:tgagee to be equai ~0 1, 12 ot t6e annu;l cost oF the foliow-
i A-AtJ real prop?r+y taars lef,e~ w assesud aga~•~sr ~hc above descrived real esrate.
B- F~_^-~v-~s o~ f;re ar.d wi^ds~o•~n ~nse~acce as he-e~n .eq~~red to be canied en the ~m;;roYemeats s;tuate on the above described premises.
C-Prerr~ury~s m s~,ch rco~tgage gva~anty ir.surar.ce as no~rgagee sball fro*+~ ~~me ro tin.e deern fit to carry on the loan secured hereby.
~ t,~~.rgagee sh, i~-c;n s~~ne To r,me .^•oniy mo.tgager wr;t~ng o( the a+rou~t d~r and payable he~eundzr ar.d wcl: su:n sFu!I tk.::eupan be due and
ab:e on rhe d.:e dare ef ~~e ~e.t ~,onth:y payment and each s~ccessive mon~h thereaficr ur.til mertgagee shall not~fy mortgayor of a charge io such
_ o~nr. $uch su~-+s 54a ~e app:~cd by mortgag^_e ttrna+d thc paymeM of real property tsaes, inwra~Ke~em.vms, and mwtyagr guaranty insut~nte
c ~ e m ~umS-
1~1 ~ltT^:E~S :.HcREOF she sa~d MORTGAGOR has hereunto xt his hand and seal the day an~d
r rs~ aforesaid. ~ _ i
Signed, Sea!ed ahd delivered in the pres!r.te ofe / f/ ~j •
~ - ~ r FII~D AND RECO~OEO - .
ST.IUCtE ~OUMTY fl~. • ~.n
~ < - ROGER POIIRAS
-r ~ m~L~-- C~ERK Cs~CU1T COUR~ ' ~
_ _ RECOaQ YERtf1E0
5?i~ i E OF FIORIDA 21 ~T
~~uvTr oF St. Luc~e ~ 21~~~~
Befwe me perzonat~y appeared RO~2'ti Cl. Ma3or s~d
Rapola Maior his wife,
to me well known and known to me to bs
rF.e ~nd~v~dusis deur;hed ~n ar.d wFa executed the fw ng instrument, and acknowledged before n+~ that they executed the same fa the purposes
~~.a•«n ~,~~.nxa. a,~a ,r~ :a;a-- - ~ayola J. Ma ior
j Robert G. Major ~ , ..:e .~a
e of the sa~d - Pa~ xP+ P~
e.~T r.a!:on by me ta~e~ upa~ate an~ apan from her sa~d hvsband, +cknowlcdged to and before me that she eaec~ted said "enstrument ireely and volun-
and w ~Awt ~ny compu~:~on, cor~stra~nt, apprehens~on, atJle~r of or from her said husband.
'!l u•- 7y
WITNE55 my hand s~+d of4it~al seal this_ ~/d _ day ef_ J~e A. D. 19_~
~fu ~t~?rl~s~--
Notary Pub~K "~nd fw the State of F{wid~ at larp~
My Comm~ss eapires: ~u' f J/
Ret~~~ To:
~:rsr federal Sa+ings a Loan Assouat.on
~r ~ Notary Q~,br~. Stek ol FMr~da ~t la~qe
N.,.,.r r;, SSy Ctn...:±~=~n Fxp%!s ~j. 4, 1971
~ s~.sw: b ~~dw~ ik~ A rw~ ~oY
_ '
Th~s Instrument Prepared By dohI1 W. Co13.1i1s .
F~rst federat Sav~ngs b loan Associa*ion •
of Fort Pierce~ Florida - . ~'J".~ ~
_ ' ~ ~ ~
Chec~ed By ~ . ~
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