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HomeMy WebLinkAbout0692 i To p:xe and cmei~uously ke~ a~ tM buildir~i ~w+?' Ot hlrestlN ?:t~efe ort s_~d :and and oe at1 eq~:pment ~nd pe~so:.+lly covered by Ihit matg e~, wi~l~ all prami~m~ the~ean pa:d i~ iuli, t~~~ ~n~urance ~he uwal s~andard po~~cy (ar~, ~n e sum apflrovrd by tha A10RiGAGEE. a~d winduarn ;nwraoc~ in ~M ~nval i~andard polKy fam, ie • ium ~pprov~d Dy ~M 1MORTGAGfE. i+~ sxh comp+ny or comP+++~es +i ~he MOitTGAGFE i+nay ~~ctj ~nd ~11 ~'u~ ~nd w~nisarm inwranct paiKies oe+ anY of s~id build~nps, My 1++ttres/ tF?ercin a pa?t tF+~reof, ;n ~h~ ag~~cQ~e~ w~n a~aesa~d or in ~ateu tl+creci, thall tont~in the vsv~l t~andsrd mor~yaQe~ daus~ o~ sutA otM~ tlaus~ +s tM Mwt9a9ea may rrqu~tt. makinp ~M tcss unda sa~d po~i- ci~~, lK~1 ifld fvNY. P+Yab~~ w said MORTvAGEE ~ in ir.~Kesr rruy ~ppru, ~nd each u~d eve.y sut~ {w~icy ~fiati ba pomp~~y as~y~:d and detivered ~o •ny MM by iaid MORiGAGEE as fvnhN ucu~~1Y ~o s+a ma~9+~ dcbb +~+d. n.N kst tMn te~ 1~0) days io adw.:~e of the ra~~rotron of lM1~ p0lity. ~c dr liva ro saui 1NORTGAGfE • rer+swa{ tFMrsof. ~ope~F?sr witA . r.cHp~ fw ~h. w.~+~un? of such renawal; a.~,d ti+~r~ sAall b~ no fir~ a. w~ndawrm ~rwr~nc~ plaud on any of iaid buildinys. U1y IfIfNlst 1F1ttf~fl W p+rt thtreof, unl~s~ i~ tM form end wnh ~M loss pay+b~e as ~fons~id: and in tM sv~nt any sum of nan~y becom~i pey+b:e urtder wch poficy w pc~~~s~ss se7d MORTGAGEE ~hall Mw ~M opt~on to recei~e and ~pply tM same oo attounl oi 11+~ indabted neu ~ecwed Mreby w a pKmit fsid MORTGAGORS to receivE ~nd uk it or any pa.t thereai fw other purposcs, .v+ihouf ~h-.<b~ walv~•~~ o~ u,•pa~~- ;np anr puiry, lien a ri9ht unJe~ or by virtw of this mortgape; u~d in tM went ia~d MORTGAGORS shafl fw any reason (ail te keep rhe sa'w' p.en+~sas io insu~ed, a f~il b d~livK prompdy ~ny of sai.1 polKies ot insuranc~ ro sa~d MORTGAGEE. w fail promptly to pay fvity any premiu+r ~hcreto~ w in any respatt fael b pwiwm, dixhug~, s:ecvr~, eff~ct, comple~e, cor!+ply wiih u+d abid~ by ehii covenanL w any pu: hsreof, taid MOR?Gi+GfE m~y pi,Ke and paY fa wch irouranc~ w~ny pan the~eof without waiviny w affec~irq s~y option, lien. equ~ty, o? ~:~h~ unde~ w by vir~w of thit Mat9age. ard dx full anwunt of tach and tvery sv:i~ paymsnt ihall be immedistely dw u~d psyaWs ~nd sF+all bear interest from fhs dat~ eheroof uosil pa~d ~t the ra?e al n~ne pc~ cenrum par annum arx! taJethe~ with ~vch interes~ sMli be secured by the lie~ of this morrQage. 1. To pKmit, cornmit or s~ffer no w+u~, impa'ument or deteriwariai of ~aid property o? ~ny put thereaf. S. To pay ~It and sinpular ths cotts, chug~s and e:pense~, inciudirq • reasonabl~ ~ttaney s fee and costs of abstratts of ti~le, incur~ed w paid af sny time by said MORTGAGfE, bcaus~ or in tM evsnt of the f~ilur~ on the parl of tne said MORTGAGOR w duly, promptly and fuily perform, d~uharge, execvt~. eifsd. wmpl~f~, oomply with ~r~d ab~de by each end evsry rhe itip.,l~ria?s, ayre~me~ts, cond~tiau. ~nd cownant~ of u~d promissory note a~,d ~his mort~ap~ any w eirhM. ~+d said cosrs, chupes ~n~ e~eperues. each ~r+d ~very. sF?aIl b~ immediately dw +nd paY~ble: whefhe~ a not there be notKe da mand, anempt ro cdkct w wit pa~d~npt and tM full ~mount of esch and wery such paymcnt sh~ll b~+r int~res~ f~om ~he da~e thereof until peid a~ the rare of nw~e per untum per ~n,~w++; end ~It wid cou~, cFwrges and expenses incurred or p+id, together w~th auch intere~t, ~MII bs securcd by tM lien of th~i mortp+p~• 6. That in ths svsnt of any Fxeach of t!w 1Nort~sp~ w defsult on ths part of tM MORTGAt',OR, or (b; i~ the avent any of sa~d swns of mxKy herein rsferred to be not prwnptly and fuly paid wi~hin thi.ry l30) days nex~ af~er tM same ie~erally becom~ dw +~+d p+rable. wi~hou~ dsm+nd w norice. or (c) in the ww+~ eacA ~nd every the st~pula~ions, sgreem~nts, cond~tions snd covenanta of sa~d promissory note and th;s matgsge a~y or ei~her are no1 iuly, promptly ~nd fully pe.fwmed, d~xharped. ~xecwed, eifected: complered, compl~ed with i~d ab3ded ~y. then ir? either or ~ny such ev~nt the sa~d ag gregare wm mentqned in uid poe+issory note tF~n r~maininp ~nµa~d, with interest acuued. ~nd at~ moneys secured hereby. sh~i! becwne dut ~nd pay- able fa~hwith„ er theraahN, ~t ~Fw opran of said MORTGAGEE, a~ fully and completely a~ if aIl of tl+e iaid sums of money were wig~n~lly it~pvla~ed ro be ps~ on wch day, any~hinp in s+~d P~on+~ssorY nore or in this Mwt9age ro the conn~ry norwi~he~andiny: and therevpen or thereaf~ar st Ihs op~ion of se~d MORTGAGEE, without notKe o. dcmand, wi~ at law w in puity. tF+erefore w tfxreaf~e~ begvn, may be ~osec~ted +s if ~II moneys secured henby had tn~twed ptwr to iri irufitution. . 7, That in tM event t~at at tl+e beginninQ of or ~t any time pending any suit upoe this Mortg~ge, o~ M fweclos~ it, a to refwm it, or to enforce pay,neru o{ any dairry ha~evnde~, i~d MORTGAGEE shalt appty to the Court Mv~ng jur~sd~ction thereof for tl+e appa~tment of ~ Receiver, such Cwn sMII Forthwitlf appoint • rectivN of said mottyaytd propsrty ~II ai+d sirgul~r, includ~rg a~~ •nd sinyvl~? tM intome, prot;ts, issues and revenuef (rom whatever wvru derived. ~ach M+d ~~c+y of whKh, it beu+p ~xpresily undenraod. is her~by mwrgsged as if spec~fically ut fath ~nd deuribed in ~he 9.~nfi~+g ~nd habendu~+ clauses hereof, and such Receiver shall hav~ +11 the broad .~d effecHve fvncf~oru ~nd povrers in anyvi~se cntrusted by a Cou.t to a Recci~er, end s~ch ~ppoin:msnt shall be mad~ Dy wch Cowt ~s ~n admitted equity ~nd ~ n»tttr of ~bsolute right to iaid MQRTGAGEE, ~nd wiehout reEerence to the adequscy w inadequacy of the value of the properry morrg~ed w to rhe so,vency o~ ~rswlvency of s~id M.'~~TGAGOR o. the defendaros, and ?hat such renn, profin, incane, iuws ~+~d revenuei slull o~ spptied by ivch Rece:ver accordinp to fM IiN+ c+r puity of said MORTGAGEE and ihe practic~ of such Court. 8. To duty, promptly ~nd f.?Ily p~?fw~ discha~pe, ex~cute, effect, cwnplete, comply wifh ~nd abids by euh ~nd every the stipul~tions, agreern~nt~, conditiora and coven+na in sa~d praniasory not~ and this .no~rpsge set farh. 9. That in tFw evem the owntrs}?~p of the mortgped prtmises, or any part tF~ercof, becomes ve~ted in • person other th~n the JNORTGAGOR, ths MORTGAGEE, is~ wcuuon ~nd su~yru, may, wirhaut norice to the 1NORTGAOR, deal wi~h such ~ucceuor a successor in inrere~t wirh refcrence to thi~ mort~sg~ and the dcbf hereby ~ecured in th~ sar~a mrnner ~s w7fh hbrfgigo. wnhout in any way vit~~tirp a dixh~rg~rq the Nbrfyagors' liability hera u.~der or upon rhe debt hertby :ecvred. No silr of tM prcm~ses hereby rr.ort9yed u,d no fwb~~r~nu on the pan o! t1+~ MORTGAGEE w in tuc~euo.t or sssgns and no eatens~as of the ~eme fa tFx Fayrr~m of the d~b~ hereby sec~red piven by tM MORTGAGEE o~ its successors or ~u~g+u, shall oper~te ro rekue, discharp~, modify changr o? sfftct the wigina) I~~b~siry nf tht MORTGAGOR her~in, either ~n whoie d in pa?t. 10. It Is spec~fically agreed that time is of the esunce of th~~ contr~ snd that no w~iv~r of ~ny obligstton Meeunder or of tha obliy~tion sr c~red hereby sMll at any tims thtreafter be held to ba • waiver of the ternu hereof ot of ths instrument ~etured herby. 11. In addrtion to the faego:ng monthly payrt,.znfs of princ'pa1 and interest required by the prom~iwry nore secured hcrety, mortga~or covenanti and agrees to pay to mortpagee with each monthly payment an add~rion~l ium est~m~ted by morty~gee to be equ~l to 1/12 of the annual cast of the foliow- ~'9- A-All real propsrty tsxes kv~ed o~ assessed againsf the sbove deuribed real estate. ! B-Pre~+ivms oei fire and wir.d~rorm insuracce as herein req~;red to be carried on the imprevements situate on tM above desc~~bed p?~n+ises. f C-Premiums on suth rtwrtg~e 9wran~y insur~r.ce as mo~tgagee :ha11 fro~+ t:me to time deem 4it to tarry on the loan secured hereby. ~ Mortgagee shal! from t~me to t~me notefy .mortgagar in writirg of ~he srr~wnt due and payable hereunder and such sum sha{I therevpon be due and ~ ;nvable o~ the due date of she nexr month:y psyment and each successive monrh ~hereafrer urfit :nortysgee shsil not~fy mortgaga of a change ir? s~xh e-*;ount. $uch sums shaN be spptied by morrgagx towar_ rne payme~t of resl p~operty taxes, insurs:xe prem:ums, snd morfgsye guar+ntY iosurance ~ o~rmivms. ~ IN WITtVESS WHEREOF, the uid MORTGAGOR has hereunto set his hand ar+d ual the day ~nd ea? first ~for id_ ~ 'prted. Sealed and de"vKed ' the presencs of: ~ ~Ses~ 1'1C0 a~ ~ Sean ~ te U~ nita I~ oli .n SIATE Of FLORIDA ~ St. Lucie u- COUNiY OF ~ dsfore ms p~rswully ~pp~sr~d FZaI'!CO ROC~O11T10 Juanita Rogolino his w7ie, ro me well known ~nd known to me ro be the individwb dewibed i++ ~nd wFa ~xecuted the fwepoir~y instrumem, and ~cknowleoped b~fore me that they executed the same fa the purposes rherein ~apessed. Md tFw u" Juanita Rog~lino „`.~fe oi tf~s said Franeo TaD[~OZ1T10 ~pon a separat~ ~nd prtvate examination by rrw taken separ~t~ and apan from her ~a1d F~usband, ~cknowladped to snd befa~ ms th~t shs ssscuted said irtjtrvmeM fqety u?d wlu~- ,a:ily and w~thovt sny ca~r?pvlsion, conursint, ~porehsn~ion~qr f~u ~ Fur ~d h~.ba~d. Feb 0. X3 WJTNESS my h~nd and offic;al ~eal tF~ia ~ l•~ y ry L ,19 . - ~ ~ utsry Publ'K i~ f the uti ofQlor'~i • L~/ip~~ " _ y Commissiofl ~xpir ) , i~ ' `'i ~ ~ 2etum Ta. . - ~ : ~ . ~ ' ` - fin: fedara) Savkg~ 6 Losn Msociat'an ' v • ' ~ Of Fort P~erce. • 'y ~ 4~ . ~t1= /ItEO . ; _;`t;. ~ Port P;erce, flor~os ^ fiECu~DED " ~ 6T. WCtE :.OUktY F~A. ~ ~ ' ROC~~ - !TRIS ~ CLE~K ~;i~.i,J:T C4UR~ J per!~c ~ rr : rn ~ This Instrument Prepared By John :r1. Co2lins First Federol Savings b loan Association e~Q ~ 02 ~ of Fort Piercer Florida { Checked ey ~ ~~6 600K FaGE ~ ~ js s G+ ~ , . _ - - . - - _ - . : - _ - - -:r . _ - - _ - .