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HomeMy WebLinkAbout1093 J. To pix~ and contir?vo~,sly k~ep on tne buitdinqs nav w h~.~~ftN ~iruar~ on i.id t~d tnd on sll cqv~p~rrent and p~rson~lly coverwi by this ma~ noe, wirh a!1 p~wm~ums ~he~~on pa~d er fu!!, fin ie+s~N~nc~ in d?~ uiwl uandud pol~cy form, k~ ~ iwr ap~xo~nd by tl?~ MORiGAGEE, u~d w~ndrrwm ~n~uranc~ in ~M uswl uandard p~.l~cy fam, in a svnc appror~d Dy iM MORTGAGEE, in such cc~mpany a con~u+i~s as ~h~ A10RiGAGEf n+ey d~redt ~nd dl f'u~ and wtnds~wm ins.•rancs policits on tny of said build,npa; My iMNltl Ily~tifl Of pifl iF1ltp~, in rl+~ s69.cps~~ wm a~aesaid a in eaceu ~h~reoi. shsU con~ain tM uswl :tandud mort9a~N tlause a such ott.a+ daus~ q ~!k N1or~y~qeo may rsqu~r~, ma?iry~ the loss undM s+~d polt ;~cs. each and we~y. parabl~ ro said MORiGAGEE ~s its imc~est maY ~pp~v. arld tKh ~~vtry ~yCA ppt;,-y slyN be p~ompHy ass ~ned u+d de~ive.rd ~o sny heW by sa;d 1viO~iG.4GfE as fw~F?e~ ter~r~ty to iaid muspap~ de~t. and. nc~ ku ~han ~c~ le~) daya ~o +d~anc. of ~r~e •xpua~a~* of each polKy. ~o ds~ I~vc~ ~ iaid NIJRTGAGEE a reoew~l thaeof, toy~~hK wi~h a rec~+pt tw tM prsmium of tuch ~snewal; u~d tF+~r~ ihall be no lu~ w wi~dsrwm i:~su.ance placed on any ot said buiidirps, any inrerost the~s'+n a pa~t tAerMf. v~{eu in 11N tam uxl wilh tM lou payabl~ p~{wts~id: a~+d ii+ IM evenl any ium oi nwn~y beco„?es pay~ble unde+ such policy a polKies aaid MORiGAGEE ahall Mw tM opt~on ro recs~~e and a,.ply ~M s~me on sccoun~ of ~he incfabeed- r.ess sscured M•sby a to permil ssid MORiGAGORS 1o receiw and uie it w sny part thereof fw cthcr purposei, w;rtwut thar~b~ wa~~~.~g a,mpa~-- ~~+g u+y eqv~ty. lien q riyht vede~ or by virtw of tFwi mo:s9ap~: and in tM went said MORTG,~GO4S shall .'w ~ny reason isil ta kcep ~he sa~d p~smii_a so ' ~r+surcd. o~ fa~l w delira promptly ~y of said polKies uf irauranc~ ro sa~d MORTGAGEE, w fait promptty ~o pay tulty any prem~~m rherefor or ~n an~ respect fail q pe~focm, d~schugs. e:ecut~ effed, compl~ts, canply wi~h and abid~ by this covenam, or ar?y put herwf, sa~d MORIGAGEE may plxe a~d pay (a wch ir?su~ance or any Fut ~hueof widwW w~iving or ~ffectinp any option, lien, puity. w righ~ unde~ a dy virtv~ of ~his Ma~9+ys. ~nd the tutt amount of each and every wch payma?t slwll be immediatefy dw a~d payaWe and ahall bear inte.es~ hom ths dat~ thereof unril paid a~ the ra~rol n.ne per centum Fer annum and to~etAer with sutA intereat sMU b~ stcwed by !M IiM of this mort9~. To pamit, conwnit or iuffer ~o wute, impakment w:ieterioration of s~id propaty a ~nr part thereof. 5. To pay all and sinpulu the costs, cfiupes arid expences. includ~ng a reasauble attorney's fee and co~n of ~bstracts of title, incurred w paid st - any time by ss~d NtORTGAGfE. becau.,, or in tM eve++t of tM failwe on tM par~ of th~ said MORTGAGOR to duty, promp~ty ~nd fu11y p~rform, d~xMrge. • execufe, effec~. compleq. cpnply with and ab:de by each snd every ~he s~ipolat~ons, agreements„'cond~rions, and rnvenan~s of s~id prom;s:wy oo~e u+d ~his mor~gage any a eiehe~. and sa~d costs, cMryes and ~apenxt. ~ach ~nd ~very. sl»li bi imrt~ed:atety dw and psyaWs: whe~he. a not ehcre be norke de- rr,a~r', attcmp~ to collett w wit pend~ngj and thc full a~~acx?t of each and every svth p~yment sh~11 b~s~ interest f~om the dat~ tt+ereof until paid et ihe rate of nine per ceoturte per am~um; and aU said costs, chargas and eapenus innured or paid. toye~her w~th iuch interc,~at, shall be secured by tAe tien ot thu morrgsge. 6.. That (.~J in the ~vent of any bresch of this Matgay~ o~ defauh on the ptrt of the MORTGAGOR, o~ ;b) in t!~e evcnr any of sa~d swns of ~noney - herein refened to be not promptly ~md fully paid withim thirty (3p) d~ys ncx~ sfte~ the sane seve~alfy beccrr~e due and p+yable. wi~hout demand w notice, or (c) in the even~ each and every tl+e stipubrions. ag~esments. conditions arw! mvenan» ot sasd p.omissory no~e a~d th;s mortgage any o~ ei~her are no~ iuly, promptly and iully pe+formd, d~scharged, executad, effetted, completed, comolied w~th a~o sbided ~iy, then in e~ttxr w any such evtnt the sa~d ay~- ~~egars wm mentioned in said promiuay note then rem~iair?g w+pa~. with inte.est acaued, and att awneys ut~red hereby, shall become dw ~nd pay. ab:e fathwith, or IF~lfNftN~ at the opt~on of said MORTGAGEE. ss fully ~nd comple:ely as it all of the said wms of mw~ay avere ai9inalty st~p.rlatrd ro be paid on such day, a~ytM9ng in sa~d prom;uory note or in t!w Mortgagc ro the contrary notwithstu?diag; and shereupa~ or thereafrer at the op~ron of .n~d MORTGAGEE, wirhout no~ice p d~rt~and, suit at !aw or in rquity, thereioro w thareafrer begwy m~y be proyecuted ~s if sll moneys secured hereby nad matwed prwt to iri inititution. 7. That in the event th~t at th~ beginning of w ~t sny time pen~t'iog sny suit upon thia 1Nortgage, or ro fwectose it, p ro refwm it, or to enfwce payment of any daims herevnde~, said MORTGACaEE shsG apply ro the Covrt Mving jwisd+ction thcreof fa the appointrxM of a Reccivsr, wd? Court :hall fo~rhw;rh appoint ~ recsiver of ssid mo~tg~ged prope.ty a11 u~d iingular, inclu~~ng all and singulu ~he income, profits, issues and revenu~s from wha~eve~ sovrce de~ivcd, each and every of which, it bei~ sxpressly understood: is hereby mortgaged as if spec~ficaUy set fwth and described in the gaas,ring snd habendwn davses Mereof, snd such Reoeivet shall have ~II the boad ~nd effect~ve funuwns u~d powas i~ aoywise entrusted by a Cour~ to a Scc:ei.~er, and i..ch appointment ahall be msde by wch Court u an admined equiry and s reyner of absolu~e ~~gh~ ro sa~d MORTGAGEE, ~nd w~~hout refcrence to the edequacy or inadeqvacy ot the value of the prope~ry mortgaged o? ro the so?vency w i~solvency af said MORTGAGOR w the defendanrs, and ~hat such ~e~:s. profiri, income, iuues and revenues sMll be applied by wch Receiver accordiry to the {ie~ w equity of ssid MORiGA('rEE and fhe practice of wch Court. 8. To dufy, promptty ~nd fully perform, duha?gs, executr, effect, eoreplete, comply with ard sbide br each ane! every the sNpulationa, agreements, condirions a.~d covcnsnts in sa~d promissory note and thia mortyage set fwth. 9. Ti+ae in rhe event rhe owncnhip of rhe mortgsged prem]ses. or ~ny part thcreof. becomes vested in a person o?her than rhe MpRTGAGOR, the MORTGAGEE, its successors ae~d augns, may, wirfwut norice to ihe MORTGAOR, deal wi~h such wccessor or successor in inteaest with .efeience to th~s mongage tnd the debl hercby secured in the same manner ss with Mortgagor witF~ut in any way viti~tirg o~ d~xharging the Mortgagori liability hc~r u~der ot upon tF~e dtbl hereby secu~ed_ No tale of the r,remFSes Mreby mo~tgsged and rw fa?~ea~anre on the par, of the MORTGAGEE w in succ~ssors o. e:sgns and no eztension oF the timt for the payrrient of the debt hereby secured y'~ven by the 1H~ORTGAGEE w its successors w assgr?s, .~11 opera~e ro release, disch~r~e, modify change or affect the original liabiuty of the MORTGAGOR hereio, either in whole or in put, 10- N is sprcifically agreed that time a of the eucnce of thia contratt and that no waive? of ~ny oblgaYan hereunder w of the obligation se- cured hereby shah at any time thereafter be hetd to be s waiver of the terms hareof p of 1he instrument secured herby. _ 1!. In add;tion fo the forego'ng monthlY paYments of princ pai and interest reavired by the prom~uory note secured hereby. mortgagor covenants ar,d agrees to pay to mortgsgee with each mon!hly paymeM an addi~iortat swn est;mated by mortgsgee to be eq~,a! to 1/12 of the annual cost of the fo:low- ing: - A-Al1 real property taxes lev~ed or auessed agair?sf the above descri5ed real estate. B-Prem~ums on fire and windsrwm inwrance as here7n requ~red to be carried on the unp~ovemeats sitvate w~ the above described prem;ses. C-Premiums on suth mortgage guaranty inswan:e as mortgsgce shs!1 from t;me to fime dtem fir to cury on the ioan secured hereby. Mortgagee shall from time to tirne notify mortgagw in wr;tirg of the amount due and payable hereunder and such surn shait thereupa? be due and c-ayaWe on the due date of i1~e next monthly payment and each successive rnonth thereafter ur.til mortgagee shall notify mortgagw of a change in soch a~:ount. Such sums shap be applied by mortgagee toward the paymeM of real property ta:es, insunnce prrm:ums, and mortgage guaranty insurance p•emiums. ~ IN WIINESS WHfREOF, the said Ma7RTGAGOR has hereunto xt his hand and seal the day and y~r fi~st ~fore aid. Signed, Sealed and d tivaed in tF~e preaence ofe ~ / , (Se~Q sq % , ~ - Julia Bartolcn ~ s~ AT ~ oF cta+tw?. FLORIDA 1 ._o;,r~n oF ST. LIICIE i ss. s~ra.~ ~,,.;,?,uy ,~,.~a Peter Bartolo~eo and Julia ~rtOlOmeO his wife, to me well known and known to me to bs the individuals described in and wF~o executed the foreyany insirtrmer?t ~ aticnowt~ before me tMt they execvted the same for the pv?poses rherei~ expresstd. And the said `J~"° ~Yt`~+li@O .v~f~ of the said Peter Bartoloaeo vp~n s separate ~r?d private examinat~on by mc taken senara!e snd apart from her said husband, ~tknowte~ged b and befo~e me tF?at she executed said initrument frcely snd volurr rar~iy and wrthovt srry compuls~on, consrra~nt, apprehens~on, or~ar of w from her said lwsband. ir1L 'NITNESS my hs~d and official seal thi: ~c~ ~y ~ Februar - a n. 19_~3 ~ Notary Public and fw t State of Floricla at Largs Return Ta _ My Co~uni expires: G~ 7 S , Fint Federal Savings ~ loan Associatien ~ . _ Of Fwt P~erce. ~ ~ ~ • ~ ~ . Fort Pierce, fbrids , ' - - ~ • ` fILED AHD RECORDEO _ ' - ST. IUCIE CGUMTr FLA. ' - ` ' ROGEF: ?J~TRAS ~ i . CLE.riK ~;,JIi COURt This Instrument Prepared By J. H. = aptjek~f ~ Jr.,: ~?ECQ4D ~`f~?~FtE~ ~ Firs~~derai Savings 8~ toan Association p• s~'~ of Fort Pierce ~ R2orida . : ` ;'i~= . ~0 ~l 25 ~'13 l:~, . . ~ t : - Chedced By - ~ - • - _ ~ z~8~o2 - . ~OOK PACf ~O~C _ ls , ~ r _ _ . _ ~ ~',~'s~.s_i.?:~..a...,s.» _ _ . r _r. '