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HomeMy WebLinkAbout2515 i To pl~ce ~nd cona~uou~lr ?NP on ~M b~rd~nq~ oow a M~~~h~. ~~~wN on ~s~d ~N+d ~~d on eq.+ip.~ee~ ~nd paaMuy co~..~A by e~ ~wo~ p~. w~fA ~tl pa++w'*u ~he.eon pa:d ~n fult, I~r~ ;~w~~nc• u+ ~M uswt t~andaJ po~~t~ la+~. M• ~v~* ~ypo.~d py ~M MOR~GAGiE. a.d w~~+dNc ~~~w~nc~ M Nw u~wl wnd+~d pW~cy forn~ 1n • wm ~ppro.~d 4~ tM MORiW1GEE. in wcl~ co~np~ny a cawp~n.~s N~M MO~iGAGEE w+ dr~c4 Md ~11 iw~ a+d w.nd~w~m iryw~nu po~K~e~ on ~~y ol b1MW~{, My G~Ifl~~f tANfM1 OI pv~ tA~.eol, in Mv pp•ep~+~ wn+ ~ta~d ~n ~ac~ tAe~wt. ~Mli cunr~~ rM uswl ~ea.*d.~d ma~p+pN c~wN a~ucA aM. tlww q tM Matp~q~ may rp~a~. ~~rq ~i+r ww ued~ ~•~d po c~s. tah ~nd we.y. p~r~b,~ ro s+d N1pRTGAGEE ~s n~ ~nr~rsat m~Y ~pp~a?. ~nd ~~c1~ ~nd ~wry •ucA po~~c~ •MII b~ pon~pny •a 4n.d ~~+d d~i~.fre~ t ~ny held by s~~d M10RtGAGEE fv~~Mr ?ecvr~ty ~o s~~d n,a~p.~ deb~. ~nd, nw !~u H~an ?u? 110) dari u+ ~dy~nc~ ol dr ~ap~r~~~on o1 fKA POIKy. ro d~ I~~r ro a.d MORiGAGEE •~en~w~t therwf, ~oQ~~h~ wi~h ~ fK~~P~ fw rM pNn~wn o~ ~uc1~ r~n~wal; ~nd ~Mr• ?h~i~ b~ no I~r• o• w~~.d~~o~m inau~+~c pi~ad on ~ny ol s~~d build~•ps. ~ny imenst tMnm w pa~~ tMreo(, u.~iets io dw lam ~od w~~h ~Iw lou par~bM ai •faeiald: and in N» •vtM ~ny wn of nwn~y beco~~ p~rable u++dN svc~+ policy p pol~cMS u~d MORtGAGEE sMll Mv~ eh~ opfwei ~o ~ec~~~~ •nd ~pp1y ~M iam~ on ~ccoun~ af ~h~ indobiad r+.a ~ecu.ed M.~by a ro pHmit s~~d /NORTGAGORS ro receive ~nd us~ it or •ny pa~t ~hereof iw omcr puryoses, w~~ho.,t ~h~.. o~ wa~.~-~~ c~ ~~~~p.,n ~ ~~y pv~ty. IiM? or riqhf u~de~ a by vir~w ol th:s mo:t~sps: 1+~ NI iFN ~YM/ N~d MORTG~IGORS ~hall for any ~tafon i~il to ketp th~ taid p«misK fo ~nsvrcd, w fail ro d~~ive~ promptly ~ny of uid po1K~e~ ol iruurar~c~ to said MORiGAGEE, a(ail promptly /o pay ~u~1y a~y pre~»~um theralw w in any r~+pea lail a pHfam, diuMrQe. •aecu~e. ~ff~ct, comple~~. comply wi?h and ~Did~ by M~s covsnan~. a any pa.r he~wi. s~~d MGRiGAGEE m~y p~~ce pay fa ~uch insur~nc~ a~ny pa~t fF~eof without w~ivinp p~ftecti~p ~ny oplion. lien, puiry. w ~iyhl under or by virtw of t~if M..^+ra~o~. ~nd ~he full amaro~ of eacl+ and ~vKy svch payment sMll b~ imrnediat~~y dw ~nd pyabl~ ~nd fhall bear int~rest from Ihe dat~ the~eo( unril paid ~t th~ ~aq of ~~ne per ce~+rum pe~ ~nnum ~nd togerher wirh tuch inre.e~~ d?ali bs secured by th~ li~n of this mort9apt. 1, To psrmit, oommit or ~uffe~ no wa~t~, impairment or deter~w~rion of said property or ~ny p~n thereof. 5. To pay dl and sirgulu tM coits, cMrpes a~d expenses, tnclvdin9 a ~easonable ~t+orney's fee and cosrs of abs~?acts of fifl~, incurred o. p~id ~i any time by said MORTGAGfE, bec~uss a in the cv~nt o4 ~he fa~lu~e on ~he part of ~h~ s+id MORiGAGOR ~o duty, p~omptly ~nd fvlly pe~lam, d~xh+rg~ execute. e((ect. complete. comply with u+d ab;de by ~xh •nd every Ihs stipulatw~s, ~g~eenxnts. conditions. ~nd covenanls of said p.omiswry ~ote and this mortga~e any or eithe~. ~nd said costs, c1?uges and expensss, each and wery. sMll b~ immedia~ely dw and payable: whNher a not there be no~ice da mand, attempt to collett or wit pending; u~d tha full arta~nt of each ~nd every such paymcM ahall btsr inter~sl from Ihe dat~ th~reof until paid a1 tht ~ate of nine per centum per a~num; and all said costi, charges and expenses incurred w paid, together w~th suth interest, fMll b~ aetu~ed by the lien of thit mortgape. Q That (a) in the svent of any brexh of this Mortgage or default on rM part of the NWRTGAGOR, w(b) ie ths ~vent ~ny of said swns of mo~+ey herein ~eferred to be not promptly and fu11y paid within thirty (30) daya nex~ after the same severally becane due and payable, without demaod or eotite. r: (,S in thr event exh and every the itipulations, agreements, conditions and covenanta of sa:d promiuory note and th~s mort~a~e any a e7~he? are nd i~ty, promptly and fully performed, d~scharqed, executed, effccred, compteted, compl~ed wi~h snd abidcd by, th~n in ei~her w sny sucA evem th~ uid ag- ~ g.egate sum mentioncd in said promiswry note ~hen remaining u~paid, with interest accrued, end ail moneys sec~red he~eby, tMll betome dw and psy- ab(e forthwith, w thereafte~, at the option of sa~d MORTGAGfE, as futly and completely as if al! of the said sums of money were origi~lly stiputated to be paid on suth day, anythinp in ss;d p~om~ssory note or in this Mwtgage to the cont:ary twtwi?hstanding; and thereupon or thereafter ~t the option of said MORTGAGEE, without notice or demand, suit at I~w w in equity, therefwe or thereaftN begun, may bt protecvted as if all moneys secured hereby r had matutetl prior 1o ita institufion. 7. That in the evcnt that at the beginning of w at any time pending sny suit upon this Nbrtgage, oc to fweclose it, w to refwm it, or to cnfaca paymcnt of any claims hereu~der, sald MORTGAGEE sha~l ao~lv to the Court having jurtsd~c~ion thereof fw the appointment of a Receiver, such Court shall ferrhwith appoint a reteiver oF said mor~gaged properfy all and singvlar, includ~og aii auai s~~~j..::c ::~s i~:~+me, profiri, iuues and ~evenues from whatever source derived, each and every of whKh, it bcing expressly understood, is hereby mo~tgaged as if spec~fically set fath ~nd described in the ~ranting snd ; habendum clauses hereof, and such Receiver shall hsve all ~he b~oad and effective funcr~ons and powe?s in anywise entrusted by ~ Cou~t to s Receiver, and i~ch appointment ihall be made by such Court as an admitted equity and a matter of absolute right to said MORiGAGEE, and without reference the e~equacy or inadeqwcy of the value of the property mwtgagrd or to the so~vency or insolvency of said MORTGAGOR w the defendants, and that such renrs, profin, income, iuues and ~evenues shall be appl;ed by such Receive~ accord~ng to the lien or equity of said MORTGAGEE a~d the pradice of wch Court. - 8. To duly, promptly and fully perform, discharge, execute, effect, complete, comply with and abide by each a~d every fhe stipulatio~s, agreements, conditans and covenants in sa~d promissory note and this moitgage set fafh. 9. That in the evertt tF~e ownersbip of the mortgaged premises, w any part thereof, becomes vested in a person other thsn the MORTGAGOR, the MORTGAGEE, ib successws and ass~gns, may, without rwtice to the MORTGAOR, deal with such successor w successor in interest with reference to this mortgage and the debl hereby setured in the same manner as w+ih 1Nortgagor without in any way vitiatinp or dischargir?g the Mortgago~i liability hertr under or upon the debt !?ereby secured. No sale of the premises hereby mortgaged ar.d no forbearance on tF~e part of the N10RTGAGEE or its s~ccessors ~ or assigns and no extension of the time for the payment of the debt hereby sKured given by tfK MORTGAGEE or its successors a suigns, shall operate ~o releax, discharQe, modify change or affett the original liab~lity of tht MORTGAGOR herein, eithe~ in whole or in part. ' 10. It is specifica0y agreed thst time is of the essence of this contract and that no wsiver of any obligation hereunder w of the obligatiop sr cured hereby shall at any time thereafter be held to be s waiver of the lerms hereof or of the instrument secured herby. 11. In add:tio~ to the forego:ng monthly paymants of princ'pat and interest required by the promissory note secured hereby, mortgagor tovenants and agrees to pay to mongagee with each ma~thly payrnent an addirional sum estimated by mwtgagee to be equal to 1/l2 of the annual cost of the follow- ing: A-All real property taxas tevied a assessed against the above desc~ibed real estate. B-Premiums on fire and windstwm insurance as herein requ;red to be car~ied on the improveme:?ts situate on the above desuibed p~emises. C-P~emivms on such mortgage guaranty insurar~te as mortgagee shall from t;me to time deem tit to carry on the loa~ secured hereby. Mortgagee shatl from t;me to time notify rtso.tgagor ;n writing of the amount due and payable hereundrr and such sum shall thereupon be due and rayable on the due date of the next month:y paymenf and each success~ve month thereafter urtil mwtgsgee shall not;fy mortgagor of a change in such amount. $uth sums shall be applied by morigagee toward the payment of real property taxes, iosurance ptem:ums, and mortgage guaranty ins~rante p~emiums. IN WITNESS WHEREOf, the said MORTGAGOR has hereunto xt his hand and seal the day snd yesr first afcxesaid. Signed, Sealed and delivered the pres e of: 0 aq ~q . alj SiATE OF FLORIDA 1 ~ couNrr oF St. .Lucie ~ 5^S' Befwe me personally appeared ATt.~'1112' Ci• Radloff DOIIIla Radloff his w~f~, to me well known ~nd known to me to bs the individ~sb described in snd who executed the fwegoi^~,, instrum~n t, ~nd sckrwwledged before me thaf they executed the same for ihe ptrtposes Iherein expresscd. And ihe sai ~~a "°~'022- Radloff - ~ ~ ~ ~ 3 I wife of thR said ~'tr~'111r C• ~~~,t` ~ ~ examinaYan by me taken xparate and apsrt lrom her ssid husband, ackrawledged to and befwe me that she executed said irqtr and vd1y~- rar;ly u~d w~thout any compuliwn, constraint, appre;n}pwr1, or fesr of w from her said husband. r WIINESS my hand snd official sesl this ~l• q~~~ da of ' ~ Y D." i9 . i Nots Pubtic in a~d for . af.~:bf.li~?id~ ~t I.~ty~,: My mmission expires: << Retvrn To: . ~ e;'~. _ .Ti..:L fint Fedcral Savinps E~ Loan Association . ' tt_ Oi Fort P~erce. : t :A..~ ~ .r.n.. ~Sf:t'~sa'Y - . ~j. Fort Pierce, Florida ~ ~1 This Instrument Prepared By Jor.t~ 1r7. C~~~p 1(EOOROED First Federal Savings b loan Association ST. WCIE C01N~T~ fU• ~ of Fort Pierce~ FZorida ROCE~ ~~~TRAS RECORO VE~++f ED COURT Checked By ~ ` ~ I ~ lb PM ~~Z eooK~1 ~~J~ ~3'14 / ~ 1 ~~~~~~~i~,4t~'~~ "aT+ ' •~e"„ m- hr'~,rh.