HomeMy WebLinkAbout1844 To pl~t~ and cominuouily k~ep on tM buildi~ys eww a hae~(tN fituah on ~aid land and on +II equipmaN ~nd p~non~liy covered by th~s ma~~-
p~, vtith dl pr~miums Meiwn pa~d in fulL fir~ ieaur~nc~ in tM uiwl iundard policy fwrn, in a~wn +pprov~d by tM MORiGAGEE, +~d w~nds~am
inw~~nu in ~M usual s~anda~d pol~cy f«m, in ~ sum ~pp~oved by tM MORTGAGEE, in such company o~ canpania +s ~M MCRiGAGEE ~nay ,
d'u~ct= ~nd ~II fir~ ~nd windsrorm inwrae~a polici~~ a? ~ny oi NitJ bvfldin~f. ~~y inqr~st 1hHlin O~ pi~1 1F~f~Wf, in tM a~rc9~a wm ato?csaid or •
In ~ac~u ~hereof, ~MII contain ~M uw+l uandard mor~pa~ clww w ~uch ahN dw~ a ~M Marpa9N m~y r~quu~. m~Minp ths bi~ unds~ sa~d poti.
ci~s. each and ~vNy. p~Yabt~ w said INORTGAGEE as iN in?ereN may ~pp~~~, ~nd e~ch and ~wry s~ch policy shall b~ p.ompNy a~s.qncd and del~vered ro
any heW by uid MORTGAGEE ~s fur~hN ~ecvrity to a~id matpap~ d~bt. ~nd, no1 I~u tMn ttn (101 days in advanc~ of tFw ~xpi~at~on of e~ch pol~ty, ro da
IivN to said MORTGAGEE a reMwal the~~oi, top~tF~ with a?~uipt fw tM pr~mium of ~uth r~newal; a~d thsr~ shatl be no fire o~ windsto-m iniurance
pIKld 011 My of said bvildinps, ~~y inter~tt thKei~ u part ~M~wf, ~nleu i~ ~M form u~d with tM lou payable a~ afa~said; ~nd in th~ eve~t a~y wi++
of money becomei p+yabls undK wch policy w polici~s said 1NORTGAGEE iMll Mw tM option ro receive +nd apply tM same on account of tM irxhb~ed- I
rxss setwed haeby w ro permit s~id MORTGAGORS ro teceive and us~ it o~ any part thereoi fw other purposet, wi~houl ~hrreb~ w~ivi~~g or ~R~aair- ;
inp ~ny equity, lien a right under w by vutw of this mo:tyye; u~d in tM wcm ~aid MORTGAGORS ihall (a ~ny ~eason fsil ~o keep the said premlus so
insured, w fail to dtliver promptly ~ny of uid policies of insurae?te to said MORTGAGEE, ot fail promptly to p~y fully any p?emium Iherefa a in an~ .
rsspect (ail to pe~fam, diuharge, execute, effect, complete, comply wiih u~d abid~ by this cow~ant, w any part !?Neof, said MORTGAGEE may place a~d
pay fa such inwrance w~ny part thereof without w~ivinp or ~ffectiop ~ny option, lisn, puity, w ri9ht unde+ a by virtue of this Mw~gage, and ~he
full amount of each u~d ev~ry such p+yment thall bs irt~medi~tely dw ~nd p~yabt~ ~nd ~lull bear intere~t from the date lheroof until paid at the ra~e of
nine psr ce~wm pa annum and together with such inttrest thali be secured by tM li~n of this mortp~ge.
1. To permit, commit o~ suffer ~o w~ste, imp+i~ment or detaiwation of ssid property a ~~y part the~eof,
5. To psy all and ~Ingulu the coats, charges +nd expense~, includinq a reasoosble ano~ney's fee snd costs of abstracts oi title, incvr.ed o? p+~d at
any time by said MORTGAGEE, because or in the sveM of the failure on 1he part of the uid MORTGAGOR ro duly, promptly ~~d (utly perfwm, d~uharge, 3
executs, eifecr, comptete, comply with and ~bide by each and every the stipulations, agreements, conditions, +nd tovenann of said promissory note and this
matyage any or ei?her. u?d sa~d costs, charges and e~cpenses. esch ~nd every. ihall be imr~ediately due and p+yable: whether or not ~here be notKe d~
mand, sttempt to colkct w suit pendirg; and tha full amouM of each and every such p~ymeM sha~l besr inte~es~ from the date thereof until psid at the
rate of nine per centum per am~um; and all said costs, cMrges and expenses i~curred w paid, togethsr with such interest, shall be secured by the lie~ of thi~
mwtpage.
6. That (a) in the event of any bre~ch of this 1Nortgage or default on the part of the MORTGAGOR, w(b) in tfie event any of sa~d sums of mor?ey ~
herein refared to be nm promptly and tully paid within thirty (30) days ~ex1 after the same severally betome due and payable, without demand w notice, ~
or in the eve~t each and every 1he ttipulations, ag~eementt, conditions and coven~nts of said promiuory note and th~s mortgage any or eitl+er are no1 f
iuly, promptly and fully performed, d~uharged, execvted, effected, compkted, complied with and abided by, then in either or any such evenf the said ag }
gregate sum mentionetl in said promiuory rate the~ remaining unpaid, with interest acuued, and •II moneys secured hereby, shall become due and pay- i
able fathwith, a thereafte?, at the option of said MORTGAGEE, as futly and completely as if all of the said wms of money were w"ginally :t~pvlated ~
to be paid on such day, a~ylhing in said promiuory note w in this ARortgage to the contrary notwithstsnding; and thereupon or thereafter st the op~ion of ;
said MORTGAGEE, without notice a demand, suit at law or in equity, the?efwe w tlxreafter begun, may be prosecuted u if all moneys secured hcreby <
had matured pnor to iri institution. ~ j
7. That ~n ~he event that at the beginning of a at any time pendi~g sny suif upon this Mortgsge, w to fweclose it, w to refam it, or fo enforce ~
payme~t of any claims hereunder, said MORTGAGEE shall spply to the Court having jurisdiction thereol fw.the appointm~nt of a Receiver, such Court shall ~
Forthwith appoint a receiver of said mwtgsged property all and singul~r, inclvd~~g all and singulsr the intome, profits, issues and reve~ues from whatever
source derived, each and every of whrch, it beinp expressty understooc~, n he+eby mortgagcd'~ u if specifically set fath and described in the yrantir?g and
habendum clauses hereof, and such Receive? shall have sll the broad and effMive furxt~ons and powers in anywise entrusted by s CouA to a Receiver, and
svch appointment shall be msde by such Court as an admitted eq~ity and a mitter of absotute right ro said MORTGAGEE, snd widwut reference to the
adequscy w inadequaq of the value of the propery mort9aged or to the soNency a insolvency of said MORTGAGOR a the defendants, and that such
renes, profits, income, iuues and revenues sh~ll be applied by such Receiver ucording ro the lien a eqviry of said MORTGAGEE and the practice oi such
CovA. '
8. To duly, promptly and fully perfwm, discharge, execute, effect, complete, comply with and abide by each and every the stipulations, sgreements,
conditioro and covenants in said promissory note and this mortgage set fwth.
9. That in the event the ownership of the morigsged premises, or sny parf thereof, becwnes vested in a ptrson other than the MORTGAGOR, the
MORTGAGEE, its succeuors and assigns, may, without notice to tlx MORTGAOR, deal with such succeuw or successor in interest with reference to thia
matgage and the debt hereby secured in the same manner as with Mortgsga without in ~ny way vitiating or discharging the Mortgagors' liabilify htrr ~
under ot upon the debt hereby secured. No sale of the premises hereby mortgsged and no fabearance on the part of the MORTGACaEE w its suctesson
or assg~s and no extension of ihe time fw the paymeM of the debt hereby secured given by the MORTGAGEE or its s~cceswrs a ass~gns, sfiall operate
ro release, d~scharge, modify change o~ affect the aiginal liability of the MORTGAGOR FKrein, either in whok or i~ p+rt.
10. It is specifically agreed that time is of the essence of this tontntl and thsl no w~ivef of any oblgation hereunder w of the obligation sr ;
c~red hereby shall at any time thereafter be held to be a waiver of the termt hereof w of the instrumeM secured herby.
Il. In addition to the forego:ng morithly paymeMS of princ:psl snd imercst req~ired by tl~e promissoay ~o1e secured hereby, mwtgagor covenanta f
and agrees to pay to mortgagee with each mo~thly payment an addirional sum estimated by mortgsgee to be equal to 1/12 of the annual cost of the follow-
ing:
A-All ~eal property taxes levied w assessed against the above described real estate.
B-Premiums on fire and windstorm insurance as herein required to be carried on the improveme~ts situate oe the above described premises. ~
i C-Premiums on such mortgage guaranty insurance as mortgagee shall from time to time deem fit to wrry on the loan secured hereby.
li ARwtgagee shall from time to time notify mortgagor in writing of the amount due and payable hercunder and such sum shall thereupon be due and
Fayable on tF~e due date of the next monthly pa nt and each successive month thereafter ur,til mwtqagee sha~l notify mortgagw of a change in such
amount. Such sums shall he applied by mortg oward the paymenf of real property taxes, insurante prem:ums, and mortgage guara~ty insurance
~ premiums. :
IN WIT WHEREOF, t sa' MO GOR has hereunto set his hand and seal the day and ear first aforesaid_
! ~j Sig , Sea ed and el' "ed in of: ~ ~ p i
~ ~ /~,aa~t~t.cs~t -L~'~ c~-~n '
~ 7-c-~~-c~--- Silvio Ranano ~
" Arrt,~ (t,.~4
Filonena Ronano r~aq =
p
STATE OF YORK :
ss. ±
couNtY oF ;
Before me perso~ally aoceared S11V10 RO~dpO and
Filo~ena Roaano
his wife, to me well k~wwn snd known to me to be _
the individusts described in and w!w executed the fwegoing instrument, a~d acknowledged befwe me that they executed the ume for the purpoaes
rherein expressed. And the ss~ F110II@Il~ RO~IIO
wife of the said $11V10 Roma?no upon a sepsrate and private
examinaYwn by me taken separate end epart from her said husband, adu~owl~dged fo ard b~for~ me that sM ~x~cuted said instrumenf freely and volun-
tarily and witl?out any compuls"ron, constraint, apprehension~ fear of or f said nd.
WITNE55 my F~snd and official seal thia day of ~ oL A D. 19 73
,?y
tJo q~
~ a~~rie~ ' ~ '
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Return To: n_ ~ `Yfj:4 ~ ,.a .
3p
~ ~,~ya
Fir:t Federa) Savings 3 loan Associat~on / ~ ~~~_r :
Of Fort Pierce. ' -
~
Fort Pierce, Florida r' =
~ ,,r,_I ~
- ~o'•' s
f1lED ARC RECflROEC ' -
ST.lUC1E COUKTY fLA. t: ~
This Instrument Prepared By Richazd K. Kayes ROGE~2P~ITR~S •`u•3-:~
First Federal Savings 8 Loan Association CIERK C:;CU~T COURT ~
of Fort Pierce , Florida RfCORa vEFit~E~~
~
Checked By ~ Ar~ 3 4 is PH'?3
.
2S~°~ ° R 2~.2 ~~E1~44
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