HomeMy WebLinkAbout2097 S. Io pJa;e a.~d con~:o~,ousty kesp on ~ne bu~!d~~ys ~ow w bzreaf~+r s~rub~e o~ s~~d land anci on sl: eq.,~~:,em arui pe.sonatly co~ered by ~h~s nong.
~y~, wi~h ol) premwms tharron pa-d in t~U, f~re ~nivranco ~n ihe uswl seandard pot;cy form, in s sum aFwoved by the MOR~GaGEf. a~~d w~e ,~;rorm
~~swu?c~ in ~Fw us~at ~~erwcrd pol.cy fw~rt, in a s~m appr~tad by tha AAOkIGAGfE, in such can~ny or compan:es as the A~ORiGAGEE may
d'uect; ~nd atl (,ie and w;nditorm in}wanc~ polK~es a? any of sa~d b~~:d~nys, any i.it~res~ ~herein or parl ihr~EVf, in tM aggregare svm afwesa~d w
in ~xcast !I+~rcof, shaU :ontain tha uw~' sundard mor~gag~s c(ause a suco o~he~ ctause ~s ~h~ Mortyayea mey requ<<a, mak~ap ihr +oss v~xla ta~d poli-
cies, each and e,rcry, piydble t0 sa:d AtJRTGAGEE as ~ts in~eras~ may s~~ear, and each and eve~y such Wi,cy a`+a11 tx pc; npny assgned a~~d de~~YO~cd ~o
anY heW by setd 1~10R(GAGEE as fw~he~ secvr~ty to sa~d ~nonga~e deo1, and, no~ less than ten (10) days in ad+a~ice of ~hr e,p~ra~~an o1 each {wiicy, ~o da-
livt~ ~o s~id MORiGAGfE a~en~«ai eAereor, to~~he~ w~rh a ~ece~pt !ur ~he prem~um of sucA ren.we~; snd ~hrre sh~il be ~w i.ro o~ w:ndito~m inswanc~
p~aced on any of said bu~ldirx~s, any interest therein w parl thereo~, unless ~n the form •nd with the loss payebte as aieiesaid: and i~ tfie event sny sum
of r*~oneY bccomes pay.ble ~nd~v s~.ch poGq or pol,c~es sa~d MORTGAGff shsll have rhe cpnon ro .rce~~r o~id ap~;l y ihc sa~ne on accou:>> ol ~?+e l~,dat;t~d-
nefs secwed herrby~or W pe~mil ss~d MORiGAGpRS lo tthrive and use it w any part ~he:eof lo~ ot~~~~r ~:ur~ ~ies. ..~in~:~t th:•- or c~ ~~:,p..~r.
~ng any eq~~ty, Ii'n or ~iyh~ unde~ or by virtve of th;s mo~tgage; artd in ~he erent s..:d M0~2TGAGORS shall ior any reaso~ fail to k~tip th~ sa:d pra~n~sas io
insv~ed, w f~i! fo delivtr p.omF~1Y a~y of s.~id pol;cies ol inivrante to said M~RTGAGEE, Or fait prompt:y to pay f~Ily any pre~n..~m thzrefor w in a~y
respect (ail to pe~fam, d~schsrg~, executr, effect, canpfeta, camyly wi~h ~nd ab~de 6y ~his tovenan~, a any pa~l hzirot, s~id MGki.:,AGEE ~~~ar p:~:c a.:~
pay (w such insur,ince o~ sny parr thereof w:ehou~ wa~ving o~ affectirg any option, lien, eqv;ty, or i~ght under w by v~~tue of ~i,~s Morrgase, and the
iull amo~nt of cacl+ and every such pay~nent shal! be immed'utety due and p~ya~le and sha~l bea. interest from the d+te thereoF u~~~il pa~d a~ the ra~e o~
niree per cao:.rm pty annum and toyrthr~ m•i!h such interes~ shal~ Ge s.wred by the l;en of th~s mwtgage.
1. To perm:t, ~wnmit or auffer no waste, impafrment or dete.loration ot sa~d prope.ty w any part fhereof.
S. Ta aay alt and s~ngutar the cosrs, charges and expenus, ~nciudi.g a reasonable atraney i fee and costs of abstracts ot t~tie, incurred o~ pa~d at
any time by wid MORIGAG;f, becauu or in thz even~ of the fa~lure on the part of the said MORTGAGOR to duly, promptly and iv"y perform, d~scha~ge.
execute, eifcu, complete, camply w~th and ab:de by each and every the si~pu~arron~, aqreemenn, cwtdlrions, and covenanrs of sa'rd p~om~?sory nore a»d ~h;s
morrga~e sny pr either, and sa:d costs, charges and expenses, each and every, shall be immedialely due and payable; whether w not fhere be noricr da
mand, anempt to collect or wit pen~~ng; snd rhe ful? amount oi each and EyNy such payment shall bea. iroeres~ f~om the da~e iherepf u~dil paid s~ ~he
r~re o+ nine per canr~,n per a~+~w:n; and afi sa+d costs, cherge3 and ex;xnses incuued w paid, togather wah avc!~ lnterest, shall be sec~red by the lien of this
mortgage.
6. That (a) in the event of a~y breach of ~hi; Mortgage o~ default on the part of the A1pRTGAGOR, or (b) in the event any of sa:d sums of money
herein refe+red to be no+ ~ompt:y and fuNy pa~d with~r, th:rry (3~) days ne~t afier the saa,e severa!Iy becwne due and payable, withouf dems+~d or notke.
o~ in tl+e event each and every ~he sGputaTions, agreements, cond~tions and covenanes at sa:d pcom~ssory note aod ~h;s mortgage any w e~~her a~e na
i~1y, promptly and futly prfwmed, d~uharged, exec~ted, effected, compfeted, comuGed w;~h and ab~ded ~y, then ~n e+rher o~ any such event the sa,d ag-
~regare wm mentioned in sa~d prom;ssory note the~ rema~ning unpaid, yvith interesl accrued, and all moneys secured hereby, shall beton+e due ar~d pay-
abte fathwilh, w thereafter, at the opt~on of sa~d M02TGAGEE, as fully and complerely as i~ all of the sa~d s~ms o6 money ~ne~e d~gina:ly snpu;atcd
to be pa:d on such day, anything In sa.d p+om~ssory noee or in thFS J4lorigage to the con~rary notwithstdnd~r.g; and ~hereupon or cc.after at the opnon of
sa;d MORTGAGEE, withw,t nor~ce w dernarxL suit at law or in equ~ty, therefwe w thereaf~e~ begun, rt~ay be prosecuted as if alI moneys sec~ied hereby
nad matured pr~q t0 itf inilitutio~_
7. Thaf in the event that at the beginn~ng oF or at any time pendirg any su~t upon this Abrtgage, ~sr to faeclose it, w to refam if, u to enforce
payment of ~ny claims he~eunder, said MORTGAGfE shatl apply to tht Cou~t havi .y jurisd~ct~on ehereof (or tFK appo~ntment of a Rece~ver, such Co~e~ shail
Forthwith appoint a rece~ve~ o~ said mwtgaged property all and sirgula~, inct~d~ng ail a~d singu~ar the income, prol~ts, issues ard rtvenves fron whatever
seu~ce der;ved, each and every of wh~ch, it being expressly uoderstood, ia hereby mo.tgaged as +f specYically set forfh a~d deuribed in the gramir.g and
habendum clauses F+ereof, and such Rcceiver tiall have aIl the broad and effective funcr.ons a~d powers in anywise entrusted by a Cou~t to a Kece~ver, and
s~ch appoin~ment sAatf be made by such Court as an admitted equ~ty and a maner of absoiute ~ight to sa~d MORTGAGEE, and wi:hout reference !o the
ad ~uacy or inadequacy oi the valve of the pro~xrty mongaged o~ to the so~vrncy or ~nsotvency o( said MORiGAGOR or the defendents, and that such
ren+s, profirs, incpne, iuues and reve~ves sha11 be appl~ed by such Rrceiver accord~ng to fhe 1~en or equity of said MORTGAGEE and tne pracrice of sucA
Covr1_
8. To du:y, p~omptly and f~ily perform, d~scharge, execute, eiFect, complete, comply witn and abide by each and every the at~p~~iatians, egreements.
condiYans and covenanu ~n sa~d prom~ssory note and ~his morrgage ser fwth_
R That in the event the ownersh~p of the mortgaged prem~ses, w any part ti+ereof, becomes vested in a person other than ehe MORIGAGOR, the
h'ORTGAGEE, its sutcessors and ass~gns, may, ~nrirho~t nor~te to th~ MORT~AOR, deal wrth such s~t:esso? or sutcessw in interest wi~h relerence to this
n-;orlgage and rhe debt hereby secured in the same manner as with !Jbrtgagw without in any Nray vit;ating o~ d~stharging the Nlortga9ors' iiabifity he~e-
under or upon the debt hrreb~ zecured. !Mo sale ot rhe prem~ses he.ebj mortgaged and no forbeara~ce o~ the pan oi the IAORTGAGEE or it~ svccessors
or assigns an~! np e~ctensior of the time ior the payment of the deb+ hereby secured given by the MORTGAGEE or its successws or ass~grs, ahall operate
to refease, d~xharge, mod~fy ~hange a affect the o*:g~nal lia6,iity of the MORTGAGOR he~ein, either in whole or in part_
!0. h is specHicaHy agreed rAat t~ose is of the esse~ce af :h~s conrracr ared that no wa;ver of any obtigat~on hereunder w of the obligation se-
c~•ed hereby shrU at any time thereafter be hel~ to be a wairer of the terms hereof w of the instrument aecured herby. ~
11. In addrt~on to the foregu ng monih!y payments of princ'pa1 and inte±est required by the prom:ssory ~o!e set.~red hereby, mortgagor covenants
e~:d agrees to pay to mortgayee ~,ith eath monthiy pa~~.xnt an add,~ionai svm ~sr~mated by mortgagee to be equal ro 1 12 of t1~ annvaJ cost of the follow-
ing: •
A-Alt real property taxrs leiird or assessed ag~i•ist thc aEave dcsc~ibed real estate.
B-Prem~ums on fire and w~ndstorm insurar.ce as herein reqv;red to be carried on the ~mprovements s:tuate on the above d=scrilxd oeem~ses.
C-Prem~~ms on such m.xtg-x~e guaranry i~•sura•.ce as mertgagee s~ali from t;me to time deem fit to carry on the ban sec~red hereby_
Nbrlgagee sha',3 frcm ri:r.~ to t:m.e noT~fy mcrtgagor in writ~ng of tfie amount due and payable hereunder and such s:,:n sfiall therEUpon be due and
~a~able on the due date of ~fie neat month".y payment and each svcceasive month thereatter uctil mortgagee sha!I rtotify monqagor of a change in such
a~:o~r.t. $uch aums shati !~e a;;p:;ed by morrgag~e toward the paym.enr of real property ta,ces, insurance prem.vms, a~sd mortgage guaranty insurance
n•emiums.
IN \~ITPJESS WHEREOf, the sa~d b10RTGAGOR kas hereu~to set his hand and seal the day and ye first atoresaid_
Segned, Sealed ar.d deliver4d in the p~esence of:
~
' • - _ Sean
c~x ick R no
_ ' n i5esl)
_ / - ~ ' i tseaq
(Seaq ~
STATE OF f[ORIDA ~
St. Lucie u•
C~UNTY OF ~
Befwe me perwnally appeared Patriek Regolit:o end
_ Joy~ee Rogolino his wife, to me well known and known ta me to be
rhe individua:s described in and who executed the fwe9oing instrumeM, and acknowledged befwe me that they executed the same fw the purposes
iherein exp?essed. And the said JOj/C@ Rb9011fl0
+.~fe of :he ,,;a _ Patr-iek Rogolino , vpon a separate and private
exam]rtat~on by me taken separate a~d apart from F~er sa~d huaband, ackrwwledged to and bef~re me that she executed said instrumtnt-heely and voluo-
~a•~!y a~d w~thout any compvision, const~aint, apprehens ~ fear oF w fr~m her said husband. . ~ -
V~ITNESS my hand and off~cial seal this day of~ ~Z b~. ~~3
, _ A. D. _f~r--
, ~ : ' .
~ ~ = ~C
l.!'~
/ ~ Notzry Public in and for the of F~ida .t lu8e ~ -
A1y Comm~ssion expi:es_ ,,,3 `r =
Return To: t.! ~ NOfIA'S!PW~i~:
~`TATE oj~fL03HjA1t~/1RGE
First Federjl Savings 3 loan Associaiwn MY C04!t?11~1frq•.~pIR~S-,p~C.~~g. 1975
Of ~ur: P:..: ~P, c' •t~C ) f»i !;.I~•:~a~1r ~ S
V Y"'eQ' ~GTr~: it..~s.
For1 P~erce, F:orid~ ' ' ~ ` ' .
f~~EO av~~ ~:EC.~~oEO ~
sr- tuc?E ;OUNT~ F~,~ ~
RGCER POtTRAS
_ RECOt~~ K Ct~r Uil CJU
This Instrument Prepared By JOhn W. Co2lins -?ED
First Federal Savings & Loan Association
of Fort Pierce ~ Flozida 3 23 PH ~73
Checked ey
acnK 211 PAGE 2095 249225 ; S
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