HomeMy WebLinkAbout2478 To plecr ~r~d ~onf~~wo_a:y lrcp u~ li~r 1,u~ ~1,•.Jt n~rv or hHrefter s~~..~t! on ~~~d ~~nd ~nd u~ e7n{~ ~•~•nl a~rd i,r.?o~~~t~ co~r,~d by ~h~~ mo~~y.
a4~. Wil}1 •!1 pten,~un~f fAeiro~+ ~;o d~n 1~11, 1~rc ~nt..~a-ue ~O ihe ulval 14~~dord Pp'•CY {Orm, ~n • fum •~,yta+rd bY li~e MUR~GAGEf. •~~d wmd?~orm
~~iur~nc~ in ~he ~wal aea~~da~d µ~i.cy tw~n, in s t~~n a~ pro.ed by ~he MURTGAGfE, in such con+pan~ o~ wmp~n.rt ~s th~ At0~1GAGfE may
d~rKl: and all fue and w.rxlsturm inw~ance po~~c.r~ on ~ny oi ~~.d buUd~~pf, ~ny inte~e~l ~he~e~n or pa.t thrrrol, ~n IM apgre9~~e wm ~Iwe~a~d w
In •aCeff ~hereof, sF~•II ~un~a;n 1he ui~~1 ~e,~,d,,~d ~nw~gagre dsvse a ~uch o~he~ d~use as IM Mo+ty~yee may rcyu.ro. ma?~rp ~he ~osti u~K1e~ se~d poli-
uas, each and e~e~y. Pa,ab'e fo s•~d AtpRiGAGEE ~f ~~s ~ni~r~•~~ rn~y apper.. a~d e~<h ar~d evr.y svch po:.c~ •t~.,fl br p~w,~N~~y •?ig~~rd a~,d del~~errd io
any heM by ss~d MORiGAGkE as (ur~her secwiry ~o ~e1J mor~y~ye drbt, a~~d, no~ Iess tM~ ~en (101 dayf in aJlsnce oi thN ewpv~uoo of e•ch poiicy, ~o d~-
~iver to seid MORIGAGEE a re~ewal rt~ereof, toqc~he~ with a rcce~p~ !w ~he prvm~~m ol a~<h rene~e~, a~~d ihrre •ha? tx ~a f~re or w~~~diwrm in~„NM!
p~~ctd on •ny of sa~d bvdd~nqs, any irueaest the~e~n a pan thereol, uner» in the fo~m and wuh the ioss pey~ble a? aiweseid; and ~n Ihe event ~ny sum
of mpn~y (xco~~es pa~rble u~der such ~,olicy w po6cies fa~d MORiGAGEE ahell have tlie op~~o~ ~o recrivr ond apN1y the sa~ue on accoun~ of Ihe indebtnd
nesf aecu~ed hereby w to pe~mn sa~d MORiGAGORS ?o reccwe and use it or any part ~hrr~ol 10~ orncr ~.~~p.;,us, :.,~1~•,,:r ~h,•...~ n.:~.,.~~ ur ~+~p„~.-
ing any equ~ty, Gen w~iyh~ under a by virtue of this mcr'gage; and in the even~ sa:d MORTGAGORS s1~a11 lor any reaso~ }ail to keep the said prem~s» so
ins~red, a fail to detiver p~omptly any of sa~d pohcies of insurance to smd MORiGAGEE, or fa~i p:omptly to pey t~Ity any prr«twm fheiefo? or in any
resptct fai! to perfam, d,scharge, e~ecute, elfect, comple~e, comply wiih an~ ab~de by this cove~anl, o~ any p.,rf hereol, iaid MURiGAGEE may p~ace a~w
pay for such inwrence or any part thereof withou~ waiving w aFfec~ing any ppt~on, lien, equ~ty, or nght under or by vi~tue o~ this Mortgage, and the
f~il amount of each and every such payment shall be immedwtely dve and payable and shall bea~ imere~t from ~ha date thereoi uniil pwd at the ~a~e of
mne pcr tenturn pe~ a~n~in and to~e~h~•r with suth intc:es~ shai~ !~c srcuted by the Iftn of this mortgage.
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I. To permit, co~nmit w sutFer no waste, impairment w deterioration of aaid propcrty o~ any paA thereof.
5_ To pay all and singular the costs, tharges and eapenses, includi~~ a reasonable attwney'a fee and costs of sbst~acts o~ /itle, incur~ed w paid ar
any time by said MOR1GAGfE, because d in the event oi thr fa'~lure on the part of ihe said MORTGAGOR to duly, pro+nptly and fut~y periam, d~scharge.
execute, effec?, canpiete, ccmply wnh and ab:de by each and every the atip~lat~ons, agreements, conditlons, and cove~ant= of ~aid prom~ssory note and this
mprtgage ~ny or ei~he~, and sa:d costs, charges and expenses, each and every, shall be immrd~atrly due and payab!e; whether or not there be notice do-
mand, atte~npt to co~ieU or suit pend~ng; a~d the full amount of each and every such payment shall bear inee~e:t from the da~e thereoF until paid al the
~ate ot nine per cenrum F~r en~w:n; an~ all said cosrs, charges and expenses incurred ot paid, ~ogrther w~~h wch interest, shall be secured by the lien of fhi~
mottgdgE.
b. That (a) in the avent of any breach oi tF~is Mortgage or default on thr parl of the MORTGAGOR, w;b) ~n the evenl any of said sums of money i
herein referred to be not prompiiy a~id fully paid w~thin thury ~30) da~s next at~rr ihe samr se~erai:y become due and payabte, without demand or notice, ~
or (c) in the event each and every the stipu+ations, agreements, ccnditior,s and tovenants of sa.d pro~niswry note and t1~~s mortgage any or either are nol
iuly, promptly and fu;ly pe~formrd, d.scharged, executed, effected, completed, compl~ed with and ab~ded yy, ther. in e~ther o~ any such event the sa~d ag
gregate sum mentw»ed in said promiuory note then remaining uopaid, with interest accrued, and af! moneys secured he~eby, shall becume due and pay~
able lwthwith, or thereafrer, at fhe option of said M0~2TGAGEE, as fully and completely as if all of the said sums of money were o~~ginatly stip~la~ed
to be paid on such d:.y, anything in sa.d promissory ~ote or in lhis Mortgage to the contrary notwithstanding; and Ihereupon w the~eaffer at the Option oi
sa;d MORTGAGEE, w~thout nonce or demand, suit at law or in equity, there(ore w Ihereafter begun, may bt prosetuted as if all moneys secured hereby
n~d matured pnw to ds inst~tut~on. _
7. Thaf in the eve~t thaf at the beginn~ng of or at any time pending any suit upon this Mortgage, or to foreclox it, or to reform it, or to enforce
payment of any claims hereunder, said MOR7GAGEc. shali app)y fo the Court bav~ng ~ur~sd~ct~on thereof fw ~he appointment of a Receive~, such Court shall
Forthwi~h appcint a receiver ot said mortgaged property al~ and sirgular, inctud~ng a11 and si~~guiar ~he income, p~ofils, issues aM! revrnues from whatever
sovrce derived, each end every of wh~ch, i~ bei~g express~y understood, is hereby morrgaged as if speulical7y set forth and destiibed in lhe grantiry and
habendum dauses hereof, and such Receiver shaH have af1 the broad and efieu~ve funu,ons and powas in anywise emrusted by a Court to a Receiver, and
s~ch nppointme~u shall be made by wch Court as an admitted eq~ity and a matter of absolvte r~yht to sa~d MORiGAGEE, and without reference ro the
edequacy or inadeqvacy of the valve of the prope~ty mongaged or to the so.vency or ;nso:venc~ of sa~d MORiGAGOR or the defendants, and that such
rems, profits, income, issues and revenues shall be applied by such Recerver accordu:g to the lien or equity of said MORTGAGEE and the practice ot such
COUrt.
B. To d~ty, prompHy and fu:!y perform, discharge, execute, effett, complete, comply wi~h and abide by each and every the stipulations, agreements,
conditions and covenams in sa~d prom:ssory no:e and th~s mortgage set forth.
9. That in the eve~t the ovmership of the morigaqed prem~ses, or any pa~T thereof, beco~nes vested in a per~n other than 1he MORTGAGOR, the
h.ORTGAGEE, its successors and ass~g~s, may, wi~hout norice ro rhe A10RTGApR, deal w~th such successor w w:cessor ;n interes? with rete~ence to this
r*~o~~gage an~ tiw deb~ hereby sec~•~d in ~he same manaer as wirh l.;orrgagor wtthout in any way vi~~ati~g or d~scharging the Mong;gori liabiiity here-
vnder or upon the debt he~eby se:urEd. No sale of the Fremises h~reby mo~fga9ed ar.d no forbearance on ~he part o( the /AORTGAGEE or its successo~s
er ass~g~s and no exrens~on of the nme for the paymem of rt,e debt hereby secu.ed given by the IdORTGAGEE or its successws or assigna, ahall operate
ro rej~ase, d~scharge, mod~fy change or affeu the orig~nal lia~~l~ty of the MORTGAGOR herein, e~ther io whole or in part.
10. It is spec~(ical{y ag.eed that time is of the essence of this contract and that no waiver of any ob(igation hereunder w of the obligat'an sr
c~red hereby shal~ at an/ time rheieafter be held to be a v~a~~er of the terms hereof or of the i~~strument secured herby.
11. In ~dd tio~ to tha Foregc'~:~ n,on+hly paym~nts of princ pal and interesr required by the prom•swry no!e secured hereb~, mortga~or eovenants
a~d agrees to pay to mo~tg~gee w~th each n~onrhiy pa~~.:ent an add,r~onal wm esr,;,,ared b,r mortgagee to be equal to 1; 12 of the annual cost of the folfow-
,
A-All fEd~ FfO~~rty tax>s lev~ed o?-assessed ag3;•~st the abave describcd raat esrate.
B Fr~n.~u•nz an f:re and wu~dstorm inwrarce as her~;n req~:red to be ca~ritd on the improveme~ts situate on tbe above d~scriFed premises.
C-Premiun:s on s~~ch mwtg.ge guara~ity ir.sura~.ce as mo-tyagee shatl frrr. t me to time deem fit to carry on the loan secured hereby.
Mortgagee shail 'rcm t~~,;e to nme notify mertgagor in writing o1 the arraunt duc and payable herr~nder and suth sum shall fhereuNon be due and '
F a~able on the due date of the ne¦t momh!y payment and each success~ve month thereafi~r ur.til mcrtqagee shall not~fy mertgagor of a change in such ~
=•~.oum. S~ch s~ms sF.a.l be aF~,ue1 by mortga~~:e torrerd the payment of rea! property taxes, insurance prem.ums, and mortgage g~araMy insurance ~
p~emiums.
IN Y~ITNE55 `.'1NfREOF, rhe said MORTGAGCR has hereu:,to set h~s ha~~d and scal the day ar.d year first a4oresaid.
eed, Sea _~id dejjvered in the presence of:
/
- - Seal)
_ os A. Cabe (Sesn
~ t ~ ~ _ (Seaq i
Carmela Cabeza ~~ai~
STATE OF Near York
~ ~ ~ :
COUNTY OF C ~ ~ ;
Cabeza '
Before me pe~sona(ly appeared ~`JOSe a. s~
Carnela Cabe a his wife, to me well known and known to me to be
the individua:a descri~ed in and who execured the foregoirg inst~umenf, and atknowledged before me that they executed the same for tl?e purposes
rherein expressed. And the :a~~_Carmela Cabeza '
+nfe of tne said _ _
- -~~SB---/~. a~ea a upon a sepa~ate and private
e.am~nar~on by me tai.rn separate and apart from her said husband, acknowledged to and before me that she executed said instrument freely and volun-
ta~~,y and w~thout any comp~'sion, constraint, apprehens~on, or feer of or from her said husband.
r ~ ~
1Y1?NESS my hand and official seal tbis-~ _ day of / .a p.
~ ~ . ' ~
Notary Pubi' in a~d for the Statebf a~ llrga • _
' My Comm~ ion expires: ' YO r~ ~
Return To: -
First federal Savings 3 loan Associ;,t;on i'Jf~yy ?~4~y~ ,
n
Of Fo•f P.• -ce ! V F. ~^r 1n ".t ~ 7,`y,.~. y~
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F~r. P~_..cc. F~,.~,~i, ,r
(.ow, ' •/~.....y.-
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This Instrument Prepared By J• H. RoGertS, Jr ~T~f C~}yr `~~TY fL~.
First Federat Savings & Loan Association pt ~y~ ~
of Fort Pierce , Florida C;E~ _•'O~aT
a- - ; . -
Checked By - - QPP ~ ~ ~i~i l li H~~ ~ ~ ~ ~C~kx ~ f~1;i
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