HomeMy WebLinkAbout2001 3. To place and conr~nuousiv EeeQ on the bu. d~ngs now or hrra•ter s~+uete on sa~d !and and on a" eq:,~p~nent and penonaUy coverrd by this mor
ege, w:th sll prem+~ms tnerton pa.d in f,:Vl, f~~e icswa~+cr :n fhe ,~s~e~ sto~ua'd po'~Cy fo~m, m s i~m aFpro+ed bY the h~OR~v:~~FE, a~+d w~~~ds~o
:nwrsnte in the usual a!and3rd po .cy }o+m, in a i.,m arpro.ed uv ~hr 1NJRiGAGFE, in such tornpany er canpan~et as f~e A1J2T~AGEE m
d~rec~; and all firo and w~ndsterm ins~~'ant! po::c~rs on any of sa~d bu~~d ngs, any interes~ Mere~n or part thereuf, in the aggrey;`e s~n~ atoresa~d (
i~~ rxcess thereai, s~all cont;in ~he usuat s!a~~da~d mo~tg~~ee c•ause o~ such oiher cia~se as the Mo~~gagee may requ.re. ma?.ing the ~css undr~ ss.d po ~
c~es. rach a~d every, pa~a5!e ~o sa~d h~JRTvAGEE as ~ts +~Teres~ may ap~ar, and each and eve~y wch po~~cy shall tx promptiy ass gned and dr•~.~zred +
eny held by said MORTGAGiE as furrhr~ secu~~ty to aa~d n:ortg~3e a_u+. a..d, nar :ess ~ha~ ~en 110) days in ad.a~ue of the e~pirat~on ot rach po!.cy, ~o d.
,~~e~ ro sa~d MOR~GAGEE a renev.el thereoi, to~e+her w~!h a reCe•il for the pre:nwm of s~ch rene+.a~; and there s!~a~i be ~o f,re o~ ~nr~JilOrm insv~anc
placed on any of sa~d bu~:d~~gs, any iNerest ihere~n or pa+r t'r,~rcaf. ess ~n ihe fe~m and v.~~h ~he ~css pa~ab!e as aioresa~d; and ~n ihe e~r~~t any s.,n
ot money becomes parabie under such policy a pol~cirs said n`.Ji:'G~vE: s'~_u have ihe op[.on to recc~~e >~~d apyiy thr aan,e on ai:ow~t of the mueo'~-d
ness secured hrrrby or ~o perr-tl~ sa~d MORTvAGOxS to rece~.e a~:d ~se i~ or ;ny pr~t the e~f ro. e:~:•~~ ~s~~s. :.n:,~,:t ~hr~ n. ,7 '°=p°''
~ng any equrty, i~en or nght undr~ or oy w~n~a oi ~h~s n::,:~~syr; a~;d +n ihe 2vtr,T aa.d !NO~TGAGQRS sh~!! tor any .eason fn~l ~o k~n the sa~d prem~ses so
~~~aured, or faii to de~~ver promptiy any oi sa~d pei,c~es ct +r.iura~.ce to se d MORT'vAGtE, or 10~: ~romptly !o pay fu~ty any p~e ~~w.» theirtoi or ~n a~~y t
respea fa;f to perform, d~sch,rge, ex~cvre, efiect, co~nE:!err, co ~.i•i~. x~rh and a:,~~ by ths coven.~~~t, o~ any parf hzreof, sa•d NGR7^-.:GEE may p;acr a~o ;
pcy for suCh insurantt or any parl iherco/ ~nahout Na~v~ng or aife;~~ng any o~t~Jn, i~en, Cqu.ty, or n~M under or 6y ~~rtue oi this Alcr.g~ge, and thc f
f,;u amouro of each a~d e.ery such payment shalt be ~T.med~aTe!r d~e o:~d naiab'e a~~d sha~1 brar interesi from tha da!e the~eof unt~l p:~d at the rate of
~:•e per ten`um per annu~n ond to~rsher vv~'h such in:r _sr sh.,,. :k er:..,.~± by the i~en of th~s mo:tgage.
4. To permit, cammit w suffrr nu waste, impalrment or dete~:orst~on of se~d p•operty or any part the~eof.
S. To pay aH and singu!a~ the ccsn, charges and e.pe~~s_s. .~:;~~d~ng a reasonab!e atrorney's fee and ccsts of abstracts of t~t~e, ~~xurred or pa~d at ~
a~y ti~r.e by sa~d MORIGAG`.E, bccause or in the tven! of the fa.:~.~~ on tne G3r1 of the saJd l~1C~RTvAGOR to duty, pro~~ptiy and fu:iy Ftrtorm, d~xharge ~
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>aec~te, effK1, cwnp~ete, to~np:y wdh and ab.de by e~cfi and e.ery tbe st~p~ a' ons, agrt•er.ier.ts, tond~tions, and covenaNS oi sa~d pro~~;;ory note a~~d th~s
~orrgage any or enher, and sa:d cosrs, charges and eapansrs, eacF, a~.d e.ary, shali be imr.+td~are:y due and payabie; v.hefher or not ~here be no~~ce dr
^,a~d, attempt to co:~ect or suit pend.ng; and rhe fu:t a~*wu~~~ ui ea;h a:~d e•zr•, s~~ch payment sha!; bear ;n~c•esf from the date ehe•eaf ur.t~l pa~d at th± ~
•c o~ n~ne pe~ centum yer am~u-~; ~nc'. ai~ said cosrs, rnar3rs a:~d z....~~ scs ,xu~~ed or pe~d, togrther w:th such ~nterest, shall be setured by the i~en of th~s
martgage. f
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6_ Tha? (a) in the event of aey breach of th~s Matgage or deiav~r cn rM pa.t et the MORTGAGCR, or ;b? ~n the event any of sa'd sums of mo~ey {
he•ein referrrd to be not prompvty ar.d fu:iy pa~d r.~+t:~:~ en.•iy .3J d~;s nc.~! a•r.~- she sa~:~r se.e~a :y beco•~:e d~e and payeb!e, witho~t demand or no~~ce.
_r ,Q in thr evem each and e~ery ~he snpu:at;ons, a9reemenrs, cc-+d~•~o^s a~d covenams of sa d pro~~isso~y noie and th,s rr~:tgage any w e~thr~ are not
j~:v, promptly and fvsiy perfo-med, ds:harged, eaecured, effeac-d. ce~npier~~d, co~^p::ed w~±h end a't~ded Sy, then in eahar or any such event the sa~d ag-
a•egate sum menr~oned in said proT.~ssory ncte then rema:r.ing ~n;;a:d, .v~m ~^r~rrs~ accrued, and a:i mone~s sacured hereby, aF.a:l become due and pay
e forthwirh, or thereafte~, at the o~'~on of sa:d AtiORSGAGfE, as fJ:Y ard comclrt<ty as if a f of the sa+d surns of money were or~q~~~a~ty st:putated
be pa d on such d~y, anyth~ng in sa d prom,ssory no!e o. ~n v,n :1o•fgaa2 to the con+rar; nct.r~thstand:n9; and ~hFreupon or thereafrer a~ the op+~on of
s; ~ MORTGAGEE, v~~thovt nonce or demard, surt at la,~v or ~n eq~.ty, mere"rore or thereaiaer begvn, n~ay be prosecuted as if aU rtwneys secured heroby
c,:d matured pnor to ns inst~tut~on.
_y;.. ;y o s ~aae. or to fortclos~ it. w to reform il, w to e+~forte
7 Th.. 'ht c:t... !ha. p4 _.,y n, _ ~.~~~d.~ wny s~~;f u~ n thi Morf
: a;ment of any uaims ~e~eunder• said t.10RTG~GEE sha;~ epp!y to :he Co,,.~ ha.~•,g ; r,sd c~:or. fh~reo' for the appo~ntment of s Rece~ver, su.h Courf shail
c.•~F.with appo~nt a rece~ver o4 sa~~ m.ort~aged pro~rty ai: and s~~~u.ar. ~,•c...d ng a•~ a~~d s.•~g~•ar i'r~e fncome, proi~ts, issues and revenues from whatever
s_;-ce denved, each and every of wh:h, be~ng express'y unde~s•~.~d ~s rer_-~y monga_e,rd as ~t apec,{~ca~ly ut iwih and descr~bed ~n rhe g~ani~ng and
=.'~endum cia~ses hereoi, and such Receiver shat~ have a:l she br:,ad a~ et-c<•:ve Tu~c' c~s and po»ers in anyw~se entr~sted by a Co~rt ta a Receiver, and ~
s. ci, appointment sha~i be rnade by such Cc~rt as a~ ad-~rtt,d eqv:ty a:.d a r. a>'er cf abso.ure r~ght ro sa~d MORiGAGEE, and withcut reference to the
._~q~ocy or ~nadequacy of the vai~e of the properry mo~~g~ged or to ir: s~.er.cy o~ ;~~sc:,rncy of said MOR~GAGOR or the dete~:dants, and ihat such
~s, prof~ts, irxar.e, iswes and re+enues :ha~i be apY;~ea cy su:h Rec~~~e~ a::ord,+:g ~o the ~ien or equity of sa:d MORTGAGfE and the pract~ce of such (
Cc ~rt. ~
8. To du'y, promFt;Y and fu~~y pe~~orm. discha.ge, execufe, effE,t. co-np;rte, compiy w~th and abide by each and every the st~puiations, agreements, (
_~d~t~ons and eovenants m sa~d prom~ssory no~_ a•:d 'h.s ~,~;'~a~e sei fo:'h. j
9. That in the event the ownersh~p of the m~r!~aged pre^, ses, c~ a~:y pa.t tnerecf, betomes vested in a persan other than the MORTGAGOR, the k
'.'.'~RTGAGEE, ifs successors ar.d ass~~r.5. fndy, vv:'HOUe r.c•;:e 'o r`~e 'dOR?v~:~R, dea; .v~~!~ such successor or successor in mterest wuh referer,ce to thu
o-igage and the deot hereby secured in the sa~re n,,n~er as .,~~h !:.s;~~ago• w:+h~ur ~n ar.y way vi~.ating or d•scharg~ng fhe Nlortg;go~i tiaS~iny herr
~•~.~er w uFon the deb* hereby sewrFd. No sa.e of the F•e~ ~s=s h_•eb~ mr_~rgaqed ard no forbearance on the part oi the /d02TGAGFE or its svccesson
, o~ assigns and no exter.s~on o+ the t~me for the paymrnt of tne a~b~ he•e:;y se.~red g~ven by the NtOR?GAGfE or ]ts svccessors or ass:gns, ahall operate
o re!ease, d:scharge, mod~fy char9e or affect the o•~g:na! 1~~.;.:.ry of ~he A':ORiGAC.OR here~n, either in vvhole or in part.
i 1Q. h is spec~ficaiiy ao•eed rhat t~me ~s cf the esse~.e cf th;s co•urac! ar.d that no waiver of any ob:~gat~on hereunder or of the obligation se-
c_red hereby ahsll at any time the:eafter be held to be a wa~:er ef the terr:s hereof or of the i:~strument xtured herby.
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! 11 In ,dd r~on ~o t~e `orEgc ng mo~!n'v pay•* _-nts o` ;~:;:3'~ and ~:*_-~est requr.ed by fhe prom sscry no'e secu~ed liereb/, morsga3or eovenants
~ ~ agrees to pay to mc•t^ya~ee v~~~h ea:h mon•h y ~a~~ e~~t an.;d;i •.~nal s.,^~ es! -~+ed by mortgagee ta be equai to 1. i2 of thr ann~al ccs2 of the follow-
~ A-Alt rea! property taxas !e:ied o~ zssess,d ~e :^s~ a~:~ve desc• bcd ~ca! es•a!e.
o B- F•~r.~,,•ns o~ ive and +V~ndsfe•m ~nse,ra~.e as ner~ •n rcu~ ~ed ~o be :ur:• d c•1 tne : preveme~ts s:tuate o~ the abovc dssciloEd prem~ses.
_ , F
~ C-Premwn•s o~ svch ~.o~t~sce g~•a•a^ty ~csv~a• ce as ^:..•.ya;=e sr~a:! '~oT T~r_ 'o r~:ne drem fit to carry on the loan secured herrby.
g /~M1or+gagee sti~ ~!~om t: •,e to t,~~e nenf; mo•tyogc~ ~n ..r:•.n3 0` ~he a•- o_~T d,;e ar.d payabie hereundr~ 'and such w~+ shai~ thrrevpon be due a:.d
_~!e o~ the d:~e da~e ef r~•e .c.` n;ooth ; p~ ~-.~_„r -~~d e-.c~: s.ccess~ve o~~?h tr,e-eafter ur.Ti~ me~tg;~ee shall not;fy monosgor of a chenge in s~ch
JJ712. SUCFI su~ns s~a:i x ar..~.'ed by mort~ac~e torard rhe p~~~~•e^.t o? ~ea'~ prcpe~ty taxes, i~surante prem:ums, and mortgage guaranty insurance
_ ^~iums.
~ IN YJITNESS 'l1H~REOf, tfie sa~d MORTGAG :2 has F.ere~~to se* h;s he~ d and sra! the day and year firY aforesaid.
~ ned, Sealeti and iiv red in the presence of:
k ~ (Sealy
~ Or Natsis (se,q
~ _
~ ~2Z~,~~ ~Ja~,~o ~ n
Sea
~ _ Hal-iBtlne Nats18 tsea~)
~
~
~ ' ;'.4TE OF FLORIOA
~ Lt~cl ~ ~
~JU'JTY OF
~s
9f, Before me persona:ly appeared _ Ci802'~ N8ti3~8 and
Marianne Natsis
A~ his w;fe, to me well known aruf known to me to be
rhe in~~viduaSs described in and who executed the iwegoing instr~ment, and acknow:edged befwe me ihat they executed the same for the purposes
2Sarianne Natsis ~
rherein expressed. And the said ` ' _ ,
~.fe of the said - ____~f'
_OI'Q6 N8ti9i.S j~ppn t iepsratc ~nd privare
e>am~nation by me taken sepa+atE and apart from he• sa~d husband, acknowledged to and before me that she eaeRutd! teja~imtNrirer~t'freely and votun-
'a~~ty and w~thout any compulsion, constraint, apprehens~on, ot fear of ot fra-n her said husband. ' - - _ `
~ ~ q'
= YJtTNESS my hand and off~c~al seaf this___ /V~_-__ day of Janu ~:a D.-19~
• , •
Notary Pvblic in ~nd fw tl?e SI~{e, fb[ida'at'lr?ye ~
My Commissiwi expirlx ~ ' •
~'wSiA~a( FIDRIDA at LARGE
Refu~~ to: Y~r ~IIIq.S~01~}~PIRR SEPT. ?S. 1975
1Jf First Federal Savi.u~i 3 Loan Aasociat.on ~~1E0 ~MG RE~OR~E~ ~~,~~p ~-•~t~ ~k~ ~fqYl~llt~ Cp.
Of Fert ~ t-ce. ~V~tE ~ou Tr U,
Fon V~e~te, F;er;da ~v~t? FGI'*~S'
= CIFRt Ci;^CUIT COI/Rt
RE~OR~ Y~:,:; , fn~' ;
i
q This Instrument Prepared By ,j0~ W. C0111A8 ' 3 ~
~ First Federal Savings 8 Loan Association
of Fort Pierce , ~o~aa 221839 ~
Cnecked Byll~__-_-- ~
_ ~a~K1~18 ~~g98
~._i
~js
~~y - . . _ .