HomeMy WebLinkAbout1689 To p:ace and continuous!Y keep c~ +he bv~ d~~gs ~cw o= ne~eaf±e~ a~t~ete on sa~d ~end a~d en al; equ~p:*~ent and persona~~y cove~Cd bY th~s mor
sge, wEth ail pre~~w~ns ~hereon pa d~n fu!i, i~re ~~.:~~e ~;e ~n ~ne ~•s~il s!s~~de~d Fo ~cy fo~m, ~n a s~~~ appro.ed by ihe h1CR~vA„~E, a~~d w~~dsro
msurance in ~he usual s•aodard ~a: cy {o~m, ~n a s~:n iFpro.rd G> ihr hI~~RTGAGFE, in svch co.^pany or CO'*`tJrl~eS as ~he AtJ21GAGEE m
d•rect; and all fire and w•nds}crm ins~+a~ce po'~c~rs on an~ o( s3.d bu~~d.~gs, any interest rherein or part thrreol, ir~ the ay9~egaTe w~~~ aioresa~d ~
in eacess thereof, shail :ontain ~he usu.:l s~a~~.oa~d mo~!g~gee c~~se o~ s~ch other civute as ~he Mo~tqagee ~~ay req~.re, mak~ng the ~ois ~ndrr sa~d po
c:es, each and e~ery, pa~ab!e to sa~d AIJRTGAGfE as ns ;mer~•st may appear, a~~d each and e~•e~Y s~•ch p.~ ~cy s~~a11 be promFt!y ass gned and de•~~~rrd :
any held by sa~d h10R1GAGEE as fuirher s:writy ro sa~d n o:fg:,3c d~ui, a:d, nat :ess !han ten ~10i da;s in ad:ance of the ezp~•ar~on of eech po:,cy. to d.
~~Yer to sa~d 41pR1GAGEE s re~e~ai thereof, toge~hrr n~th a rrce;;.t fo~ ~he prom;um of svch rene+va; and ~here shail br no f.re or .,~r,osto~~n insuranc
p!aced on +ny of sa+d bv~!d~~gs, any inrerest thcran or paJrr the~~-cf. ;ss ~n +he ferm a~~d wnh the tcss payab?e as atorosa~d; acd i~• ~he e.em any sun
of money becornes payabie ~nder s~ch poticy or pot~c~:s sj~V ~~l~~T(JhJ:C S;LfI~ have ~he op~.on to recr~+e d:~d app:y the same o~ acco~:» oi the ~~~dr~~rd
eess sec~red he.eby w ro perm;t sa d MORiiaAGORS ro rec~-~.r a~ d use it o. anr p::~r ine~coi tor o:~~• • p~~: os~s v..m--_:t in c~ P-~'
~ng any equ~ty, i en w r~~ht undrr or by riri~e of tnis mcr.yjge; and m the evrnt sa d h10~2TGAGORS s1+3:1 for any reason (ail to keep ~he sa~d prern~s:s so
ns~red, or faJ to del~ver pranptly any of sa~d po~ c.es of ~nsv~a~:ce ro sa d MGRTG:.vEE, cr f~~i p:.:~t~,p';r to pay fu::y any ~."2 ~~~..,!1 rnr.ator or ~n a~y
~espea fail to perform, dacharge, eaec~ce, effea, wmp'etr. co ^p~v xnh and a~~de by th[s covena:~~. or any parn c~reoi, s~~d MQRT;;AGEE ~»ay p.ace a a
pay for such ~nsu:ance or any part ihareof w~th~ut wa~v;ng or ati~:t~ng any opt~on, ~~e~, equny, or r~yht u~der w by vnt~e of th~s ,~1er.gagr. and ~he
fuil a~nount of each and e.ery s:,ch paymrm shail be ~~nmed~arr~y d~e s~~d pa~•ab!e and sh;!! bear interrst from the date therrof unt~l p~~d at the rate o1
n~ne per cenrum per annu:n and ro3<i~~er ~nnh wcn in~c ~sr s~a~~ :k s~c~~.d bti ~he :~en of th~s mortgage.
4. To permit, comm~t or sufifer rto waste, impa~rmero o~ derer,cro~:o~~ of sa~d property or any part thereof.
5. To pay all a~d s~n~~tar the costs, charges a^d expenses, ~r.c~.~d~ng a reasonable atto~ney's fet and cosrs oi abst~a:ts of title, incuned or pa~d at
any ti~r,e by sa~d MORiGAG`.E, because a in the e~c~t of ~h. fa.~we on ~nr can of ~he said h10RTGAGOR to du~y, p.~~~p~~Y and fu:ly perform, d~scharge.
eYec~re, efiect, comp:ere, cu•~~r~T ...:h and rb.dr 'u; e.-` ~~d e~ery the stiN~.aT.ons, agrermen~s, co~dmans, and co.enants of sa~d prom~ssury note and fh;s
n,~rtgage any o~ enhe~, and sa.d costs, charges and exEensrs. each ar,d c~ery, shaii be immed~ate'y due ar+d payabie; whether or not ~here be noT~ce dr
mand, attempt to coliect or, y~lt pend.ng; and the fuL' a~no~nt .f ea:h a~~d efer; suci, payme~t shall bea. inrerest from ihe date thereof unril pa~d at the
~~re o~ nme oer cen?~m F.~r ann.::r; anC ait sa~d cosrs, cn~rgrs a•~d ~~.~~~r sc5 .fXV~~Cd or pa~d, toyether ~veh s~ch inrerest, shall be secured by the I~en o1 th~~
mwtyage.
b. That (a) in the evem of any breacfi of th~s Mo~tgage or deia~if o~ ttK part of tne MORiGAGOR, or (b) ~n the event a~y of sa;d sums of mo~ey
here~n referred to be not pro~»p'!y a~d ju~ly pa~d w~rh~n in ~ty :3J' d.+~s ~~~x~ a•~~• the ss:ne se~era :y 6eco~:e due and payab!e, wiihout demand or nof~ce,
or in thr event each and every the st~pu~at~ons, a9rcemenK. cer.d,s,~,s and covenann of sa d promissory. nore and th,s mortgage any or ei~her are not
j~:y, promptly and fulty performrd, d schargsd. ezec~ted, etfecred. co npiefed, canpi~ed v.~'h and ab~ded 5y, then in e~~her w any svch event the sa~d ag
~r°gate S~m mentioned in sa+d prom~ssory note tn2n rema~n;na3 L~~~:d~t~, K~TI1 intErr;t ac.:~ed, and a? :nonrys secured hereby, shal{ become dve and pay
a~ e forthwith, or thereafrer, at eF+e op'~on of so~d h10RTGaGfE, as fu ly and comp:ere:y as ii a!I of ihe said sums of money vvere or~g~natfy st~pu~ated
fo be pa:d on such day, anyth~ng ~n sn d pro~n~ssory note o. ir. mis hl~rtgagr !o ~he co~~ra.y norhithssand.ng; and ihereupon or !nereaf~er ai the op~~on of
se:d MORTGAGEE, w~thout noT~ce or dernand, w~t at ~aw or in equ~ty, thcr~fore or thereaher b?gu~, may be prosec~ted as if all moneys setured he~eby
r._d mdt~rtt~ pt~M t0 ~ts instituti0~.
7. Thae in the event fhat at fhe beg~~~:~g of or ar any t~me pcnd,~~g a~y su t upo~ ~his Mo•tgage, or to forecbse it, or to retorm it, or to enforce
paymem of any c~eims hereur.der, sa~d A'.JRTG%~GfE sha,! app~y +o the Co„rt ha~~~~~ ,u•~sd r.,en fherco4 tor the appamment of a Receiver, such Court shail
io~~hwith appc~nt a rece+.er of sa~d mortgaged property aiI and s~ng,, ar, ;nc;vd ng a;! a~~d s~n;~•ar the ir.ce~t:e, p~ofiis, iswes and reve~~es from whatever
s.:,rce drr~ved, each and every ci wh.ch, it being exD'css'y understc.^O ~S Fe~:;:; T,o~tgaged as ~t spec~f~cafty set forth a~d descr~bad in the graro;ng and #
hsbendum c.avses her~f, and svch Rc~_eiYer shai+ hrve a: ~he b~:,ad a-d effec•.ve f,;.,c! cns ar.d pov.ers in anyw~se entrusted by a Cou.t to a Recener, and
s_ch appoinrment sha~1 be made by svch Co- +t as an ad-~[tsrd ~q~ :y and a n~a!rer of e~sc:~te rlght to sa~d MORTGAGEE, a~d v~~~hcut reference to the i
ndeq~ocy or inadequacy of tF.e va,~e ef the property mo.tgaged a to ~ne s:;.e^.cy or ~nso..ency of sa~d M,ORiGAGOR or the defandants, and that wch
.e~~s, proffts, incane, issues and reYen~es sna~i be app.~ed ey s~ch Rece~.er ec:ord,ng to the Ge~ or equity of sa;d MORTGAGEE and the practice of such
Courf.
8. To du'y, prompt:y and f~i~y ~e~fo~m, d;scharge, exece:te, e~fect, com~iete, complt w~th and abide by each and every ihe stiputations, agreements,
;ond~t~ons and eovenanfs ~n sa~d ~.oT,~sso~y no~e and th:s T,~r;~a~e ~e~ for:h.
9. That in thr eve~t rhe ownershio of the ~orrgaged pre-~,ses. o. a~,y part tnercof, becomes vested in a person otfier than the N10RTGAGOR, the
4•ORTGAGFE, its successors and assgns, may, v~:~hour ne~~ce to i^e '.'.OR:vrOR, dea~ w~fh such successo. or successw ~n ~nterest with refertnce to this
^ o•tgage and the deot hereby secored in the same manner as wlrh L o~r~3go• wAhJUT in any way vitlating or d.xharging the l.lortgagors" Iiab~Gty herr
u~der or upon the d>bt he~eby secured. No sa:e of the F•e~* :aes ~,rrcby mo~rya~ed ard no fo~oearance on the part of the MORTGAGEE or ita svccesso~s
or ass~gns and no exTertsion of the t+me ior tne payT:enr er the drb! he~eby sewred grven by the MORTGAGEE or its successors or ass:gns, atiall operate
ro rNease, d~scharge, modffy c!+onge or a+Fecr ihe c•~g:nai ;~ao .:Ty of ine N.GfiiGACs~R here~n, either in whoie or i~ part.
I
10. It is spec:f~ca~ry ag•eed that time is of the esse~ce of rh s co~tract and that no wa~ver of any ob':~~anon hereunder or of the obli~ation se-
~ cured hereby shali at any tim.e fnereafter be hc:'d to be a.vai.rr of fhe ter~ns hz:eof or of the ins~rurnent secured herby. i
F - ~
~ 11. In aod ~[c~ !o the rorrye -~g •r.c^.tKr pay^~^n•s o' : ~a, and ~~:•_~es• requ~red b~ the prem sscry no'e secured h~reby, mortya^yor covenams
s
~ ~~d ag~ees to aay to r•o-tg3gee v.~~h each mon~h ; ra,• e~ an ;d:i •.~~~~at so~< <s' ated br mo-igagee to be equai to 1. 12 of r;:e annua! cost of the ioflow- ~
k ~g- I
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A-R!i real Frope~ty fjRas lev~ed er assess_d e7-~ se ~h_ ai ~ve dcs:-•~~ d rea~ P5~3~C.
~ g_pr~m~u^±s on fne and w~^cz+o'~n ~ns.,~arcr as i:ere;n r, q. •ed to be ca:r:_d c~ tn~ :mproveme~ts s~tvate on the above desa~bed premises.
~ C-Prem~ums oo su:h r*:o't^y,ae gva•ao'y ~csuca~ ce as mo•~g3gee s~~'i <re^~ r r>e !e t!~r,e deem fit to carry on the loan sec~red hereby.
~ Mortoagee s~a'! t~em f~m,e To +:-e nCr:~~ :rc~t_;,^ycr .•i v.r~'.r~ et tne ~•-o.~r d.:e and pa,able hereundar and such s~rn sha;t thereupon be due and
2 :~~ab~e o~ the d~e da•e cf the n•_.t moath.~ Fa~-~_ -~t z•~d e~cti suc.es<_~ve re•.th fne-eaftar ur.ti'~ mortgagee shall not;fy mortgagor of a change in wch ;
y ounr. $uth sums s~a:i ~e app'~ed uy mOrtgs^y:e to+.a•d ri,e pc,rnen: of re~: property taaes, insvra:xe prem.ums, and mortgage gua:anty insurance y
S ~ •emiums. ~
~ IN ti'~ITNESS ti.HE~cOF, tne sa~d A10RTGAGCR has nereu~to set his hano and se~i the day and year first afor d. {
~ 5' ,$eated and de;ivered ' the presence of:
~ ~ ~
• ~ ~ , c-~ ; ose P Le oravaoe ~ ~~s~~
; _ _
~:S ~ LLi (Seal)
~ _ Nellie I. Lesozava ($eaI)
~ SraTE o~ froa?a? PE\`:SY`.V:~`:Z:~ 1 F
t
r u~
; JUtJTY OF i. 7. ~ ~-i. i
~
~ Before me personaUy appeared - JOSePh p. Lesoravage snd
~ Nellie 1. LesoraV~ya: his wife, to me well krwwn and kn to me to be
~
~ rne ind~vid~als described in and ~rho executed the forego~ng instr~ment, and acknowledged before me that they executed the same ~rpo4es
tieli:e I. Leso:~.v~c.e ~
rhe~ein expressed. And the aaid
~ Jose h P. L~~c;~~~a e ~
~:~fe of the sa~d - ~ y upon i.`~ ~d pttrLb,
exam~nat~on by me taken separate and apart from her sa~d husband, ack~.ow~e~ged to and before me that she eaecuted said instrumsN~l~ ~lr~i~.
~ar„y a~d w~thout any cOmpu{Sion, consiramf, apprehens,on, or fear oi or from her said husband. V~ ~
~over~ber
WITNESS my hand and off~c;al sral this_ day of__ u
. /ti,~
~
- ~ ~ ~ ~ : : . , i t "'j-tt2~ / - • . i
Notary Publ~c in and for the State o~~ .
My Comm~ssion expires: f '
aerurn to: =y f4 . ~
First federaf Savings !L loa~ assoc~ar;o~ Notary PuLiic. E::~. ~~e-. ~~t~ ~t_r ~0,-' • r-
_ -
pf ~ert G e~: ce M~ ~iGT:^:tiiSiGfi fJ~rlfcS Jbyit ~Lci S~i. ;'f Ta
Fort P~e,ce. F:cr,da A
_ F~~~p ANu RECOR(~~0'~
":ry gt.lUCiE COUNTY A. it
- ROCER POITMi ~ .
< CIEaK CIRCUIT COU1lT ;
' This Instrument Prepared By • r• a Lr~ itECOpO ~ER~f~EO.~...~.~•.~ -
First Fede~al Sav:ngs R Loan Association ~~O pV
,.y$
o` Fort Pierce~ ; lo: i:::,
Checked By RK 1 FQCE 219ss6
~ e~~ 1687
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