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HomeMy WebLinkAbout2503 1o ptxe •nd cw~~,nvo..~+y ?sap on ~he lw, d~~~y~ no+v a I~re~ua a~wh oe ~a~d I~nd ~~u! w+ ~y~~p,,.ent •~d p~rwr+s~l~ cov~r~d btt ~A~~ ma p~. w~~h ~II p~~n~~um~ ~hr~con pad ~n 1„'~, f~rc ~ntur~~.ce ~n Ux V~JaI ~~•~d•,d yo.cr lo~m, ~n ••wn •~.+,.o..d b~ the MJli~v:.uE[. •~,d w~nd~~a ~nf4:a~c• in ~M u~u~l ~+a~ul.~d y~: cy la~n, ~n • wm ~ppro.~d b~ ~ht MOR1G/1GEE. u~ ~ucA ca.,N~n~ or awr,p~n•e~ th~ AtpQIGAGEE T d~~cd; ~nd •11 hr• •nd wmJ~w~m ~nw~anc~ po:~ue~ on ~ny o( ?~~d bu~4d~np~. ~ny inte~~~1 ~he.e~n or ~:~rr th~r~f, in ~Ae ayq+~p~~~ ium ~fae?a~d ~n exc~u ehereo/, ~Mll co~+~+,n ~h~ ~wr~ s~r,dard ma~p+~ u~us~ a such o~Fw~ d~~w ~s th~ Morty~ge~ may ~eq~.r~. m~?,n9 ~M ,c~~ unde~ •a~d po c~~s. e~ch and erery. p~r~We ~o ~~~d MJR1GAGfE ~s ,t~ ~meres~ m~y appear. ~od e~ch and every wch iw ,c~ ?h~ll bc promytly y,~rd •~,d de:wrred : •nr he~d by u~d AItOR~GAGff as (~nher tcc~riry ro u~d n~o~~pay~ debr, ~nd, no~ leu ~han teo (101 dars in ad~a~.ce of ~he e;pu~t~on ol e•cl. poi~cy, to d. fiv~r ~o ~a~d MORTGAG.t ~•z~w~l ther~ol, ~o9Nhe~ w~~h • rece~p~ la tAe pr~.nwm ol a,ch renewai; and ~hrre tihail be no f.re or w~~~~~o•m insuranc pl~ced on ~ny oi s~~d build~ngs. any imeics~ ~here,~ a pu~ ~he~eol, unteas in tM form ~ad w~rh the wst pay~b!e ai afo~e»;d: and ~n tF~e wem a~y tu~ e1 ~~~oosy Imomes payable unde. ~uc~+ policy w pol~ues ia~d MORTGAGEE fhall Mv~ ~M opeon w recc~~e a~~d ap~~!y ?he ~me on ac<oum ol ~he n~drotrd ne~s iecu~ed I+er@by a ro pcrmit a~+d MORTGAC,rORS ~o rccaive •nd uN it w any pa~t ti~reol lor o:r.~ r ~ur; ou•s ~...~~w~t thr. ~ r .L...., +3 cr ~•~~p,.v iny aoy aqu~ty, Gen w r~ghr unde? or by vutve of ~hii mo~~flape; ~nd in tM ~vcnt fa~d MORTGAGORS sAall fw any reawr~ (ail to krep ~he sa~d p~em~srs w inwred, w fail Io deliver pranptly a~y ol said poLcies ol insurancs fo sa'd MORTGAGfE, o~ fa~! promp~ly to ,ay fu~ly sny pr~mw~n ~herafw a i~ any respect fail to perlorm, d~scharge, exec~te, etiect, complete, co~nply wirh and ab~d~ by IM1{ CQVlAJlII, a.+y p.+n haieof, sa.d MORiGAGEE may piace a~o pay fW auch in~~rance w any pa~t there~i w~+houl waivinq o~ af(eclinp any option. lien. equity. or ~~ght under or b~ virtue of this Mwrgaye, and Ihe t~ll amouot oi each and e.rry such paymem shali be ~mmcd~ately dve and payable and s6all bear interest irom ~ha da~e tAereof u~ril paid at th~ rate ol ~~ne per tentum per annum and ~ogrthr.r with suth interest shall be secured by the IiOn oi this mortgage. 1. To permit, :ornmit a suffe~ no waste, impairmtnt w deterioralion of ~aid property p any part thereof. 5. To pay atl and singula? the cwts, chargri and eapenxs, inciuding a~easonable at~a~ey i fee and costs of abstracts of title, incurred w paid at any time by uid MORTGAGfE, becaux a in the event of the fa~lure on tFx par~ of the said MORTGAGOR io duty, prompely and fully perlorm, d~xharge. execute, effecl, complete, comply w~th and ab:de by each snd every the stiputateons, agree~ients. condiuons, and covenants of uid promissory no~e and ihis Tortgage any or either, and u~d costs, charges and expenses, each and every, sMll be immed~ately due and payabfe; whether p not there be nof~ce dr mand, attempt to coitect w s~it pcnd~ng; and the (vU amovnt of each and every suth payment shall bea. inferest from ~he date thereot until paid at the r.~te of nina per centum per annum; ai~C all said costs, charges and exaenses incurred or paid, together w~th svch imerest, shall be secured by the lieo of thif mwtgage. 6. That (a) in fhe event of any breach of this Morrgage or default on the part of the MORTGAGOR, or (b) in the event any of saEd aums of mo~ey herein refe~red to be not promptly and fully paid within thirty (30) days next after the same uveratly betome due and payable, wi~hout demand or notice, or (d in the evem each and every the stipuiations, agreements, cond~:ions and covenants of sa,d promissory aote aad th~s mortgage aoy a either are no1 iuly, promptly and fully performed, diuharged, executed, effected, completed, complied w~th and ab~ded Sy, then in either w any such event the aaid ag gregate sum mentioned in'said promisswy note then remaining unpaid, with interest accrued, and all moneys secured hereby, shatl become due and pay- able forthwith, or thereafter, af the oprion of said MORTGAGEE, as fully and canpletely as ii all of the said sums of money were originally sl~pulated ro be pa~d o~ such day, anything in sa:d prom~sswy note o? in this Mortgage to tAe contrary no~wi~hstanding; and thereupon or thereafter at the op~~on of said MORTGAGEE, witFwut notice or dema~d, suit at law or in equity, there(ore w thereafter begun, may be p~osecuted as if a!1 moneys secured he~eby had matured pnOr to ~ts institWion. 7. That in the event that at the brginning of or at any time pending any suit upon this Mortgage, w to foreclose it, or to reform it, or to enforce paym~em of any claims hereunder, said MORTGAGEE shall apply to the Court having jurisdiction ihereol ior the appointment oF a Receiver, such Covrt shafl ~orthwith appoint` a receiver ol said mortgaged property a!I and singular, includ~ng all and singv~ar the irt~ome, p~of~ts, issues and revenues from whatever source derived, each and every of which, it beirg express~y understood, is htreby mortgaged as if speuiicalty set fwth and dexribed in the 9.anting and habendum ctauses hereof, and such Receiver shall have aU the broad and effec?ive funct.ons and powers in anywise entrusted by a Court to a Receiver, and s~ch appointment shall br made by such Court as an admitted equity and a matter of absolute r~ght to said MORTGAGEE, and withoul reference to the adequacy w inadeq~acy of the value of thr propecty mortgagec! or to the soivency or insolvency oi said IIROR~GAGOR or the defendanfs, and ~hat svch renrs, prolits, inta»e, issues and revenues shafl be applied by such Reteiver accordmg to tFx lien or equity of said MORiGAGEE and the practite oF such Court. t 8- To duly, promptty and fully pe~form, discharge, execute, effect, mmplete, comply wilh and abide by each and e~ery Ihe stipulations, agreemenfs, ~ cond;lions and covenants ;n sa~d promissory.note and th~s mortgage set for~h. j 9. That in the event rhe ownership of the mortgaged prem~ses, or any part thereof, becomes vested i~ a person other than the MORTGAGOR, the n10RTGAGEE, its successws and assig~s, may, without notice to the MORTGAQR, deal with such successw w successor in interest with reference to this mortgage and the debt hereby secured in the same manne? as with Mortgagor w~thout in any way vitiating or discharging the Mortgagors' liability her~ under o~ upon the debt hereby secu~ed. No sale of the Fremises hereby mo~tgaged ar~d no forbea~ance on lhe part of the MORTGAGEE or its successors or assigns and no e:tension of the time for the payment of the debt hereby ;ecu~ed given by fhe MORTGAGEE or its successors w au~gns, a,`wll operate ro release, d~uharge, modify change a affect the orig~nal liab~l~ty of the i.!ORTGAGOR herein, either in whole or in part. 10. It is speilfically agreed that time is of the essence of this contra~t and that no waiver of any obl~gation hereunder or of the oblgation se- cured hereby shall at any time thereafter be held to be a waiver of the terms hereof or oi the instrument secured herby. I I, In add~tia~ to the forego'ru~ mo~th!y payme~ts of princ'pal and interest required by the promeuory note secured h,:reby, mortgagor covenants and agrees to pay to matgagee with each monthty payr,~ent an addirional wm esrimated by mortgagee to be equal to 1 j 12 of tFe annual cost of the follow- ing: A-All real property taxes levied or assessed agai~st the above described real estate. B--Premiums on fire and windsto~m insurar.ce as herein requ:red to be carried on the improveme~ts situate on the above described premises. C-Premiums on such mortgage guaranty insurance as mortgagee shall from time to time deem fit to carry on the loan secured hereby_ Mortgagee sfiail from time to time notify mortgagor in writing of the amount due and payable hereundrr and such sum shall thereupon be due and Fayable on the dde ciare of the next month?y payment and each successive month thereaftrr ur.~il mortgagee shafl not;fy mortgagor of a change in such a~~lount. Such sums sF.ait be applied by mortgagee toward the payrrKnt of real p~operty taxes, insurante prem:ums, and mortgage guaranty insurance p: emivms. , IN WITNESS YVHERfOf, the said MORT,r'iAGOR has hereunto xt h;s F~and and seal the day and year firsl aforesaid. Sgned, Sealed and deliYe?ed in the presence of: FiLEO Af10 RECOR~Cp J ~ ~ ~ sT. LOCIE COUMT~ tA. ~ Seaq GL W~~ness: • ROCE~ POiTAAS y Mi hele Scinemi „c,G.`; ~-T CLERK CIRCUIT COUItT ~ - RECORD VERsF1ED.~., • ~'~(Seal) t~'itness: ` M helina Scimemi STATE OF rcammou New~k ~ ' I ss PM'~~ ~~a!) f COUNTY OF 5 u I= O~ K Michele Sc imemi Before me personally appeared a~ ~1C~1@Z1Ila $C~~ID; his wife, to me well known and known to me to be the individuals described in and who executed the faegoing insttument, and acknowledged before me that tF~ey executed the same fw the purposes rherein expressed. And the said M7.C~2QZ~ll3 SC~@IDl. wife of the said ~.chele SC ~III6ID~ vpon s sepsrate and privats examination by me ta.ken separate and apart from her said husband, acknowledged to and befwe me that she executed said instrument freely and voluo- rarily and without any compulsan, constraint, apprehery~qn~ fear of w from F?er said husband. - WITNES$ my hand and offic~al seal this da of A ril y A, D. 19 72 Y _ .~.Gt~c.~ , Natary Pubtic in an~or fhe State of L~rye Return To: N~Y Commission exb~.e:: New York 8t first fedent Savings 3 Loan Association W1l?iwM lQ1~i0 E Of Fort P:erce. ~ry ?~blie .`,tol~ of N~r Yod t Fort P~erce, Fiorida Np, 32-2414730 ~ Ma1/~~ 1~ S+fNlk Ce~~ ~f _ . _ • . Tj,~iw l,~plrr M~ i0r It /~3 `,~~~uuu • - 1~;;~ _ . ~u ~O •i~~, This Instrument Pre ared B J. H. Robezts Jz. ~ 1" ••••••..J P Y ~ ~ ~p ~ .,1 ~ , First Federal Savings & loan A~2ozida 33450 • ~ • of fort Pierce i ~ - • : J ;J~ ; .a~ ~ : rc- ' = Chetked By i;~.~ ~ ~.5~~~'~~; ~ ~20i ~E~500 ~ ~ ~ ~ . . . ` ' , ~ _x~ ~ x ...~s - -s,`~ °°s-:-_..~