HomeMy WebLinkAbout0483 3. To plac~ and continuously keep on ~he bui:d~ng~ now o? hereafter ~ituat~ on ~a~d land and on ~il equ~p~nem and pcrsonally covered by ihit ma
•gs, with dl premiumi ~hereo~ pa~d in full, fire insuranca in the usval t~andard poticy lorm, in a ~um ap~xoved by the MORiGAGEE, and w~~td~?o
Ensuranc~ 'in th~ usual sunda~d pol~cy fam, in a sum app~ovcd by ~he lNORTGAGEE, in svch compsny w compa~~es ss the ASORiGAGEE m
dhech and aIl fir~ and w~nds~orm insurance policies on any of said build~rqs, any interest therein or p~rt thereol, in ~he aggrega~e sum ~faesaid
in sxcess ?hereof, ihall cootain the utual standard matgayee clause or suth o~FKr clauts ~i th~ Mortg~gee may requ~re, makiny the Iou under sa~d po
c~e~, es<h and every, payabte to said MORTGAGEE ~s ~ta in~e+est may appsa~, and each and evcry ~~ch policy shall be promptlY ais gned and del~vered ~
any heW by ssid MORTGAGEE ai tur~har security to said mortgage deb?, and, not leu Ihan te~ (101 days in advance of ~he expiratio~ of each pol~cy, ~o d.
Gve~ to sa~d MORIGAGEE a renewal thereof, tope~her with a rece~pt for the premium of wch renewal; and ihere shall be ra fue or windsto~m i~suranc
plsad on +ny ol sa~d b~itdings, any intere~t tAerein w part thercof, unles~ in ~he form and with the lou payable as aforesaid; and, i~ the eYent any sun
of money becomes payable urede~ such policy w policies s~id MORTGAGEE thall have the opt~on to rr.eive and spply the same on accuvnt o( t~e indrb+ed
neu sacu~ed hereby or to permit said MORTGAGORS ro reteive +nd us~ il o~ any part thereof for ofhcr purposes, w~thout 1h~~. u~ waiving or nnpair
inp any equ~ty, lien a~ight unde~ w by virtue of this mo:!ga9e; a~d in ths event sa~d MORTGAGORS shall fw any reason fail to keep the said p~emises so
insu~ed, or fail to deliver promptty any of said pOlicies of insurante to said MORTGAGEE, w fail promprly lo pay fully any premium ~heretor ot in any
respect fait to pe~fwm, d~una~9e, execute, effect, complete, comply with and ~bide by this covenant, w sny part hareof, said MORTGAGEE may piace a~~d ?
pay fw such insura~ce u any part thereof w~~hout waiving w affecting ~ny option, lien, tquity, or right unde~ or by virtw of ~his Matgaye, and thc
full amo~nt o( each ar+d every such payment thall be immediately due and payable and shall bea? interest from ths date thereof unti~ paid at the ra?e of
nine per cenrum per annum and to~ether with auch interest shali be secured by the lien of this mortyaye.
1. To permit, commit w suffer no waste, impairmcnt or deteriorotion of said propcrty or any part thereof.
S. To pay al! and sir+gvlar ~he tosts, cha+ges and expenses, including a reasonable ~ttomey i fee snd costs of abst~acts of title, incurred or paid st
any time by uid MORTGAGEE, because w in the •vent of the failure on the part of the said MORTGAGOR to duly, promptly and fully pe~fwm, d~scharge.
eaecute, efied, comptete, comply w~ih and ab:de by each ~nd every the st~pula?~ons, egreements, caxlitions, and covenants o( sa~d prom~ssory note and th~s ~
mortgage any or eitF?cy, and iaid coats, chargcs and expenses, each and every, sF»tl be immediatety due and payable; whe~her or not there be notice der '
mand, attempt to collect w suit pend~ng; and the full amount of eacA and e~ery such psyment shall bear interest F~om the date thereof until paid a1 the ~
r~te of nine ptr centum per annum; arx: all said tosts, cMrges and expenses inturred or paid, together with suth interest, ihall be seturetl by tFrc liao of this
r.,ort9sye.
6. That (a) in the ev~nt of any breach of this Mortgage w defa~lt on the part of the MORiGAGOR, or (b) in the event any of w~d tums of money
herein referred to be not promptly and fully paid within th~rty (30) days nex~ after the same severatty become due and payable, without demand o? notice.
or (c) in the event each and every the stiputations, agrxments, conditions and covenanta of sa:d p~omissory note snd th~s matgage any w e~~her arc no1
iuly, promptty and fully performed, dtxharged, executed, effected, completed, complied with and sbided Sy, then in either a any svch event Ihe said sg
gregate sum mentioned in said promiuory note then remaining unpa~d, with imerest accrued, and aIt moneys xcured hereby, shall become due arv! pay-
eb:e fathwith, w therea(ter, at the option of ~aid MORTGAGEE, as fully ~nd comp:etely as if all of the said sums of money were a~ginally ttipulated
ro !x paid on such day, anything in sa:d promiuwy note or in this Mortgage to the co~trary no~w~~hstsndiny; a~d thereupon or lhereafter a~ the op?ion of
sa~d MORTGAGEE, without notice or demand, suit at law or in equity, therefore a thereafter begun, may be proseeuted ss if all moneys secured hereby
nad mstu~ed pnOr fo its inStitvtiOn. ,
7. That in the event that at the beginning of w at any time p~oding sny suit upon this Mo.tgage, w to foreclose it, a to refo.m it, or to enfwce
payment of any claims hereundei, said MORTGAGEE shall apply to the Coun having jur~sd:c~ion ihereof tw ths sppo~ntmei?t of a Receiva, such CouM shell
Forthwith appoint s receivcr of said mortgaged property all and singvlar, irr_ludmg all and s~ngular ths income, protity, issues and revenue~ frort~ whatever
source d~rived, each and every of wh~ch, it bein~ expressly undcrs~ood, is hereby mortgaged ss if speu(icaliy set fwth and desuibed i~ the gran~ing a~d
habendum clauses hereof, and such Receiver shall have all ~he b~oad and effecs~ve funct~ons and powers in anywise entrusted by a Cou~t to a Receiver, end
s~ch appointment shall be made by such Court as an admitted equity and a matter of absofute r~ght to said MORTGAGEE, and without reference to the
adequaty er inadequacy of the value of the property mortgaged or to the solvency or insolvency of said MORiGAGOR a the defe~dants, and that such
rents, profits, inca~ne, iuues and ~evenues shall be applied by such Receivcr scco~ding to the lien o~ equity of sa~d MORTGAGEE and the practice of such
CouA.
B. To duly, promptly and fully perform, discharge, execute; effect, mmplete, tornply with and ~bide by each and every the siipulations, sgreemeots,
conditans and covenants ~n sa~d promissory note and this mwtgage set forth.
9. That in the event the owrxrship of the mortgaged premises, w any part thereof, becomes vested i~ a person other than the MORTGAGOR, the
MORiGAGEE; its successors and assig~s, may, without rtotice to the MORTGAOR, deal with such successor w tuccessor in interest with reference to this
mortgs~e and the debt hereby tecured in the same manner as with Mortgaga w~thout in an~i way vitiating p diuharging the Mwtgagors' liability herr
under w upon the debt hereby secured. No sale of the prem~ses hereby mortgaged and no forbesrance on the pa~t of rhe MORTGAGEE or its succeuors
or assgns and no extcnsion of the time for the payment of the debt hereby secured give~ by Ihe MORTGAGEE or its svccessws or ass~gns, ai~all operate 4
ro release, dischar9e, modify change a affect the orginal li~bil~ty of the MORTGAGOR herein, either in who~e a in put.
10. h is specificaliy agreed thst time is of the eucnce of this contract and thst no waiver of any obligation hereunder or of the obligaYwn se-
cured hereby shafl at any time thereafter be held to be • waiver of the terms h~veof w of tlx instrument secured herby.
11. In add~tion to the iorego'ng monthly payments of prin~ pal and interast required by tF?e promiuory note aecured hereby, mortgagor covenants
and agrees to pay to mortgagee with each monthly payrnent an addirional sum esnmated by mortgagee to be equal to 1/12 of the annual cost of the fotlow-
~ng: •
A-All ~eal property taxes levied or auessed against the above described real estate.
B-Premiums on fire a~d wrndsto:m insurance as here~n requ~red to be carried o~ the improveme~ts situat~ o~ the above de:cribed premius.
C-Premiums on such mortgage guaranty insurance as mortgagee shali from t~me to time deem fit to carry on the loan secured hereby.
~ Mortgagee shail irom time to time notify mortgagor in wr:ting of the amount due and payable hereunder and such sum shall thereupon be due and
i Fayable on tF?e due dare of the next monthly payment and each successive month thereaiter until mortgagee shall notify mortgagor of a change in such
am.ount. Such sums sF.all be applied by mortgagee toward the payment of real property taxes, insurance prem;ums, and mwtgage guaraniy insurance
p r emiums.
~ IN WITNE55 WHEREOf, the said MORTGAGOR has hereunto sef his hand and seai the day and year ' aforesaid_
~ ~
j Sign , ealed ~nd delivere in t~ presence of:
~ f
; Dan Ca i c~an
€ ~ .
~ t5ea0
~ ' Giovanna Cal i
= csNn
L ~
~ STATE OF FLORIDA j
~ c~uNrr oF St . Luc ie ~
~ ~fae ~ y ~ Dante Cali ,
~ psnonall a sred ~nd
~ Giovanna Cali s
his wife, to me well known a~d known to me to be
~ the indiridwls described in and who executed the fore9oinp instrurtxnt, and acicnowledged before me that they e:ecuted the same for the purposes
~ therein .:a~a_ •a,d rt,. ,.~a Giovanna Cali
~
~ rvife of the iaid Dante Call upon • sepa~ate and pr"rvst~
examinetion by me taken separate and apa» from her said husband, atkrawledged to and befwe me that she exetuted said instrument frlely and volun-
raril and witFw~t an com ision, constraint, a
y y Pu pprehens-~
~ fear of or from her said husb~nd.
~ WITNE55 my hand and official seal this {p day of ~~~Q;.14~
/
~ '`'~t~411_= r~'~~rrj ' . .
d
Notsry Public in ~~d fw t Nte qP~ at tsla6`
: My eom,n;uion expires: ~
j`--: .
Return To: `
r fint Federa) Savings b loan Association • ~ .S ' er • - , - . ~
Of Fort P~erce, t C' f
Fort Pierce. Florida _ ~i~~ ~j~'
_ fILED AND RfC0A~E0 ° + - - l'
• ? • :
= iL IUCtE COUNTY ftA. - J . ~ r.~:`~~' :
ROCER ?~tTitAS :~.~'~j~~..
::?:!~'!`~cjt ` i
- C1ERR Ck,yVl? COURT
~ This Instrument Prepared By Richard K. Kayes RfCORD YE~1~tf0 ' s
;a First Federal Savings b Loan Association ~ py ~ ~
~ of Fort Pierce ~ Flotida ~ 3 14117 11
y~~ ~
Checked By 2;z4913
~
0.`R f
~ 80~t~ f116E
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