HomeMy WebLinkAbout1509 To place and continua,s;y lerF on ~he b~.LJ~ru~s ~ww w Ixreafter ~:1uAt0 00 Sd~d land and on a~i rqu~~nrn1 and pc~sonaNy covered by lhis ma~g~
~g~, with ~U ptz~n:ums ~hc•con po:d in full, tire ins„rence in ~ha uswl st:.i~ard po:~ty fotm, in • fam apYroved by ~hp AtOR~GAGEE, and windstam
~nsuranc~ in ~ha us~al usndard pol.cy fam, in a wm approvrd by ~he ~AO~TGAGEE, ~n such cwnpany w ca•~Wn~es ss the h:ORTGAGEE ~n+y
d„ec~; and a!1 fi~e and w~nd-~wm insu•a~ue poLc~es c+~ any of sa~d bu~id~res, any intereit the~cui or pan tho~c~f, ;n ~Fw~ ag9regate ium sfo.esa~d o+
in eaceu thtreof, shail contain the 4sua1 standard ma~g.yee ci+usa a such o~tier tia~s~ ai the tiwrty+9ta may requ.:e, ma?ing thc iosi ~~~dar a.~~d p.i'r
c~es, each and evtry, payabie ~o sa+d MORTGAGEE ~ts inrr,as~ m~y avprar, and each and every iuch po!~c~ sha~l be proa~ptly ess g~~d a~~d de:~+rrrd to
eny held by aaid MQRtGAGEE ss furt:Kr s:cu~ity ro u~d n~a~ga~r detit, and. ~a leu ihan ten (10) d+~ys ~rt ad~ance of tha tipirat~on of suo po~~cy. ~o dr
Lve~ to said MORTGAGfE a rc~xwal thcrcof, :~gether wirA a rece~pt fw •he prrmium of such ronewet; a~,d ~he~e sl~a13 t~e no i~re o~ w~~~s~or~n ~nsuronc~
pta:ed on aoy o~ sa~d bviid~ngs, ~ny intrrest therem w part the.eof, untess in the form and wi+h tFk loss payab!e as eforesaid; and in the evenl any sum
of money bcco.nes paye6le under sLCh po6cy a pol~cias sa~d MORTGAGEE sAall h~ve ~he o~t~on io recrive and appiy ~t~e sa~ne on ac:o~nt ol the ind~utad-
ness sccured here~y w~a pcrrnil aa:d MORiGAGORS ?o rctrive and ~se it p any ~~t Ihrteol for otiirr Hur~os~-s. v.~~~~.;.:t fh_•.u:~ .+.:.~:~.~3 ~'~~a~~'•
iny any equ~ty, 6en o~ right undrr or by virwe of ~h~s mo~rgage; a~d in ~he e•.eM sa~d MORTGAGORS sh~U fw any reason (ail ro keep ihe sa~d prem~s:s so
inw~ed, ot (ail to deliver Fxanp:ly any of said pol~cies insurs~ce to sa~d MORTGAGEE, o~ faii n:omptly to pay fuit~ any pre~m.~m thereto~ w in a~y
respect fail ro pe~fwm, d.scharge, execure, e~fect, cm~ptetr, torr.ply witb end abide by this coce~wn~, or any p~+t hzreof, sa~d MORTGAGEE may p~ace a~~d
pay fd such insurence w any part t:~ereof w~thout waiving w affr_ti-~g any option, lien, equ~ty, w~igFf under or by virtue of this Matgage, and the
fuli amount of ea:h end every such payfhent shal7 be irtunediately d:x and payable and shall bear intere:t from the date tl~e~eof until po~d at the rate ot
mne per cemum per annum and ro~erh.•~ vv~th such inte:est shai~ tx s~ured by the lie~ of this mwtgage. ,
To permit, commit or suffer no waste, impairrt~nt p~T!~tiO:ation of said propcrty or any pa~t thereof.
5. To pay all and ~irgu!ar the costs, chargcs and eapenxs, ~nclud~ng a reasonable a~twney i fee and costs oi aLstracrs of "title, incurred or paid at
any time by said MQRiGAGfE. because u in the event of the failure on tF,e par~ of ihe said A10RTGAGOR to duty, pra~~ptly and fu~ly ~~torm, d~s:harge.
,:c-c~~e, et(K~, complere, compty wah and ab.elr by each and eve.y the sripulaaons, agreer.~ems, cond~fions, and co+e~anrs ot said p~om~swry note and ~h~s
mortgage any or e~~her, a~x) sa:d cosrs, charges a~d eapenses. each and every, shall be immediately due and payable; ~nhe~her or not ihrre be r.oe~ce da
mznd, attempt te co~IM w s~it pend~n~; and the (ull amounl of eacF and every swh payment shafl bea. inreres~ f~wn the ~ate thereo4 um~l paid a! the
r,ie of ni~ze per c<ntum F:cx annu:n; ~n~ q~i sa~d cos~s, charges and ex;~rnses ~~corred or paid, together w~th such interast, shatl be secured by tne Gen oi th~~
mortgagc.
6. TFwt (s) ~n thr event of any b+each oF lhis Mortgage w defau~t on the part of the MOATGAGt~R, or (b) ~n the event any of satd sums oi money
herein referred to bP` nOt prwnpTiy and fyl~y paid wifh~n th~rry (30) days next a~rer the same seYCra:ty beconx due and payable, wri~Fw~~ demand or nor~ce.
er ;c) in the evero each and evrry ~he st~pu:aT,or.s, agreemeNS, cond~~iau and covenanta of sa.d promissory no~r and th~s mortgage any o: e~~hcr are nw
jv~y, promptly anJ fui~y perfwmed, d,sciw~ged, execured, e~fccted, compktad, canpl~ed with and ab~drd Sy, Ihen in e~~her w any wch eve~t the sa~d ag
grryare sum mentioned in sa~d promisswy note then rema~ning unpa~d, wii+~ i~terest acuued, anc7 ati moneys secured hereby, shall become dve and pay-
eb!r forthwith, o~ therrafrer, at lhe opt:on of sa~d MORiGAGEE, as fully arrJ comp:etely as i) all oi ~hr sa~d svms of ~noney were org~naily st:pulated
ro be pa~d on such day, anyth~ng in sa.~1 pro-nissory note w in this Ato~fgagr to the comrary notw~~hsrsnd~~.9; and rF+erevpo~ w thereafter at the ops~on o(
sa:d MORTGAGEE, w~rhout nonce or demand, suit at law oz in equuy, therefore or thereafie~ begun, may be prosecuted as if all montys sec~red hereby
r.~d mawred prw to +ts institut~on_
7. That in the event that at the beginn~ng of or at any time pending any sv~t upon this Mwtgage, or to fo~eclose it, or to reform it, or to enEorce
payment of sny cla~ms hereunder, said MORTGAGEE s~atl appfy to the Court having ju~iad.aiun thr~eof for the appo~ntmeot of a Recei~er, such Court shall
Fo~thw:th appoint a recei+er of said mortgagad p~operty all and singutar, incfud~ng atl and s~~u3~ :ar the incorne, profits, issues and revenves fra~n whatever
sc•u.ce derived, each and every of wh~ch, it be~ng expreuty undentood, ~s hereby mortgaged as if spec~fically ut ia~h a~+d descnbed in the granting aod
hsoendum ds~~ses hereof, and suth Receiver sha?1 have aU the broad and eifecfive fur.cr.cns a~ powers in anyw~se entr~stati Ly a Cou~t to a Receiver, and
s, ch app.• ntme~v shall be made by such Court as an ad:niued equity and a mane~ of absolu~e right to said MURTGAGEE, and w~fhou~ re~erence to the
adequacy w inadequacy of ~he value of the p~ope.ty mo+tgaged o~ to the so.vency or ~nsowency of said MORIGAGOR or the defendants, and ~hat such
~enrs, prof~rs, income, iasues and revenues shall be appiied by such Receivenaccwd+ng ~o the iien or equity of said MORTGAGEE and the p~auice of wch
CouA.
6. To duty, promptly and f~lly pe~form, discha.ge, execute, effect, ce~+p:ete, tomply with and abide by each and eve~y the st~putations, agreements,
;or.ditions and covenants ~n sa~d promessory nose and th:s mortgage set fwth_
9_ That i~ the event the owne~sh~p of the mortgaged prem~ses, o? any pjrt thcreof, beco~nes vesled in a person other than the ti~0~2TGAGOR, the
ORTGAGEE, its s•xcessors ar.d aas~gns, may, witho~rt not,ce to the 310RTGAOR, deat w~th wch successo~ w successw in imeres~ with reference to this
^-o~tgaye and ihe drbt heteby secured in fhe same manner ds vvitl. rdor*gagor without in any way vitJating Or d~scharg~~g the MottgagOts' liabil~ty here-
„~~er w upon the debt hereby sec~red. No sale of the Frerr:ises hereby mo~tgaged ar.d no for5eara~ce on the part of the MORTGAGEE or its successors
cr ass~g~s and no eatens~on of the t~me iG•' the payment of the debt hereby setured given by the n~~2TG:.G:: a: ~ts succtss~ra er au:gns, ~;~ali operate
ro reaease, d~scharge, mod~fy change or affect the or,gmal liab.l:ty of the MORiGAGOR herein, either in whole or in pa~t.
10. It is speufically ag+eed that time is of the essence of this contract and that no waiver of any obl~gat~on hereunder er of the ob!igation se-
c~red hereby shali at any ti~e rhereafte~ be he:d to be a waiver of the terms hereof w of the instr~ment secwed herby.
1 t. In add.~:oa ro the }orrgo ng month!y paymenrs of princ aal a~td iaterest requ~red by the p~..m~ssory no!e se:ured hereby, mo:igagor covenants
,•.d agrees ro pay to mo:t9agee w~:h each .nonthiy payrnenl an add~rional sum est~mared by mortg~gee to be eqval ro 1; 12 of r:~ annuat cost of the fo:low-
A-All real propesty ~ax:s le•new or assessed agai•,st Th~ a6ove deu~+bed r~•al estate.
B--Prem~u:ns on f,re and wir.dsrorm i~~surar~z as nt~ein r,qu;red to be carried on the ;mgrove:ne~~s s:tuate on the above described premises.
C-Premiu:rs on su:h r::ortg~ge gua~s~~ty insura..ce as mcrtgagee sha:l from. t~me to t„r.e deem fit to carry on t!re loan secured hereby_
' Mortgagee sha~l frcm ri-ne to t[me no~~fy morsranor +n •ar.it~ng of the amount du~ and payable hereundrr and such sum shall thereupon be due and
:,.able on the due aate of ~he r.ext n:on!h!/ payment and each success~ve month rhe.eaffer ur~til mortgagee shall not:fy mortgagor oi a change in such
~ ~-o~nt. $i~ch s:.ms sFa:l be a~p!~ed by mortgag~~e to,vard tne payment of real property taxes, insurancr p~em;~ms, and mortgage guaranty insurance
~_'CTIUTS.
IN l'JITtlESS .'H~REOF, the sa~d ~+10RiC;AGOR i.as hereu~to set his hand and seal the day and year first a`wesa+d_
~ Sgned, Seated and delprer~d in tKe presence of: ~ ~ / ~ ~
, i f~ ~l !c Xd .l C L! Fr~lC<'G~'t-~es~
~ •-7~,-~-
~ ~ Diana 61. Filacrhione. a sing~~
- J , / a ri u l t (Sea4
1 ~-~E'/L/ ~Seaq
S~:.TE OF FLORIDA ' ~ ,
St . Luc ie u-
C.~.UNTY Of _ 1
Before me ~~;~y appearcd Diana Filacchione, a sinrle adult _
--------------------------------------------------~----~:s~,r:fe. to me well known and ktiowri to me io be
tne i~diwiduai described in and who eaecuted the foregoing instrum•_nt, and atknow~edged before me that 5~'tQe:ecuted the ssT~x f0r-the ptx~iuaes
p~ th...oin expressed. /tntf-thcsald---------------------------------------------------`ti`~~~•~'ia:-~-- _
~ T,~co~-tficsatd---------------- ~~-a~~aiafe'andpr±vs~s ~
=ram~narioer b~r m~ rake~ x~arare arnYape.r frarrr h~er sat~Fn,sbarnf; acknoatPAg~fi~~rr~ trefwC rt~EA?a12Re-ex~tmeti'sa'63~tltrJrt~itf 1fi~T~/'dh~;vdJr~'-
~':!q an~ ~ri+hovt-en~r comp;,'s1oR,'ce:RSrattnt -appr er fex~f oa k~rrher si~l~iwa~and.- /
~
WIiNESS my Fand and officiaf seal this_ I~~ _ day of 'ebruary ~ ~q_ Df 19: ~
~ ' •z $
= Notary Public :n and~ or t State of. F) ri a a~
~ My COmmissiOtf expires: ~ { '•i~ • ~~t~r
~ R.tom To:
1 Ci 1•~~ I ~
1 First Fedcral Savings 6 loan Association
~
~ Of For1 P.~; c~.
Fort Pierce, Ficr~d.~
Fa
~ FILED AYC• kECr~40ED
~ - ST. L~CIr ~~IUMTY FLA.
~ R~_r,r~ p~lTRA$ ~ i~
~ This Instrument Prepared Sy R ichazd K. Kayes E"~ ~'i:;,UtT COURT 0
~ P.EC~:F ~ yc~ - ;
~ First Federal Savings & Loan Association ."O..~s
~ of Fort Pi~rce ~ F lor i da ~
~ Checked By 3``3 Pk 3
~ acc~21~ PAGF~.~~~ ~~~~3
~
~ Stti
~ '^D~~ _ r , _ . 4 _ . _ _ . _ ~ _ _ " _ . - ^ . ` ~y
f;d.~.r r 9 - ~
a ` ~
" ~ ~~5 .1 v.~_ . +s .