HomeMy WebLinkAbout2349 3. ?o place and con~i~uously ktsp on ~M bui!din9s now w hereafta~ situ~te on s~id la~?d and on all p~iprn~nl a~d pertionally covNad by lhis mor~q~ ~
+9~, with all premiums ihereo~ pa~d in full, f~re i~urance ~n ~he usval sundard po1Ky /wm, in • twn approved by the MORtGAGEE, and w~nd»am
iniwanc~ irt ~M ~iwl a~andard pol;ty torm, in ~ tum app~ov~d by iM MORTGAGEE, in wch company p compan~~s a ~h~ MORiGAGEE may
dir~ctt ard all 1u~ and windatorm in~urano~ poliues o~ ~ey of iaid build~nqs, ~~y tni~rs~~ 1hHei~ w part tMr~of, in ~I+~ p~re9ar~ ~um ~foresaid w
In ~ac~~s thereof, ~Mli cont~i~ t1w usual sundard morryay~e ctauH or such o~ha cliuH ~i tM Mor~~a9M may req~~r~, maMinp tM loss ~~+de~ sa~d po1F
cie~, each and ~wry, payab~~ to taid MORTGAGEE as ~ts in~ere~~ may ~ppsar, a~d eacA and every s~rcA policy sMll b~ p~omp~ly ~is.9ned and del~~ered ~o
any held by iaid MORTGAGEE tur?her iacurity ~o sa~d mortg~9e debt, ~nd, ~of ieu ~han ran (t01 dayt in advance of /M expira~ion of each policy, to da
liwr to stid MORTGAGEE •~~newal therwf, ~ope~Mr with a reteipl for the pr~mi~m of ~uch renewal; ~nd ~her~ ~hall b~ no fira or wir,ds~orm insu~+nce
p~+ced on ~ey oi said buildi?gs, any interest tMrsin w part 1Fweof, w~fesa in ~Fw iwm ~nd with tM los~ pay~bte a~ afaes+id; and i~ the event 'any sum
of mon~y becwnei payabfe under such policy a policie~ said MORTGAGEE shall have th~ option w receive and apply iM same on acco~m oi the indebtrd- _
ne~s secwed he~eby w 1o permit said MORTGAGORS ~o ~cceive •nd us~ it p any pa~~ thereof fa ofher pu~ooses, v.~~houf ~h:~eb~ wai~i~~g o~ m~pair !
ing any equity, lien or ~ight under or by virtue of this mostgage; ~nd in th~ event said MORTGAGORS ihaU for any ~esson fail to keep the ssid premises so ~
insured, w fail to tleliver promptly ~~y of said policies of inturant~ to said MORTGAGEE, a fail promptly to pay fully any pre~ni~m therefor p in any
re~pect feil to pe~fo~m, d~scharge, executs, afied, compiete, comply with and abide by this coverunt, a any pan hereof, uid MORTGAGEE may place and ~
pay fw such Frtsurance oi a~y part the.eof without waiving a ~ffectiny ~ny option, li~n, puity. w rigM undea w by virtue oi thia Mortgage. and the
full amount ol each and ev~ry s~ch payment shall be immedi~tely dw ~nd payable and sMli bear interesl from tfie date thcreoi until paid at the ~ate oi ~
n~ne per tentum per s~num and togNher with such interast shaU be u~cured by ?he litn oF this matgage.
1. To permit, cummif or suf(er no waste, impa'ument p deteriorstion of said property p any part thereof.
S. To psy ag snd sinyuiar tfie cwts, charges and expenses, including a reasonable at~orney'a fee and costs of abstrads of title, incur~ed w psid at
any time by sa~d MORTGAGfE, bctause w i~ tha event of the failute on Ihe parf of the said MORTGAGOR to duly, p~omptly and f~lly perform, dixherge,
execute, effect, camptete, compty w~th and abide by each and every the stipularions, agreements, condifiona, and covenants of said promiswry r?ote and thi~
mortgage any w eiiher, and sa~d costs, charges arxl ezpenxi, each end every, shall be immediately due and payable; whether o? not there be notice de
mand, attempt to colled or suit pending; and the ful) amo~nt of each and every such paymem shell bea~ inreresl from the date thereof un~il paid at the i
rare of nine per centum per annum; and aIl said costs, chargei and expenses incurred or paid, togethe~ with such interest, shall bs secured by the lien of this ;
mortgage.
6. That (a) in the event of any breach of this Mortgage w default on the part of tRe MORTGAGOR, or (b) i~ the svent any of sa;d sums of money `
herein ~efe~red to bs not promptly and fully paid within thirty (3p) days next after the same seve~ally become due and payable, without demand w notice, ?
or (c) in the eveM each and every the stipulations, agr~ements, conditions and covensnts of satd promiuory note and th~s mortgsge any o~ eithe~ are ~ot i
iuly, promptly and iully performed, d~scharged, executed, eflected, compitted, complied wifh and abided by, then in either w any such event the taid ag-
gregate sum mentioned i~ said promissory note then remsining ~npaid, with intercst accrued, and all mo~eys secured hereby, shall become due and pey-
able forthwith, o~ thereafter, a? the option of s~id MORTGAGEE, as futly and completety as ii all of the said wms of money were or~ginalty st~pulated
to be pa:d on such day, a~ything in said promiuwy note w in this Mortgage to thc contrary notwithstanding; and thereupon or thereafter at the opt~on of
said MORTGAGEE, without notice or demand, suit at law or in equity, the~efore or thereafter begun, may be prosecuted as if all moneys secured hereby
had mawred pnor ro its i~utitution, ~
7. That in the even~ that at the (xginnir?g of or at any time pending any s~it upon this Mortgage, w to foreclose it, or to refwm it, or to enforce ~
payment of any tlaima hereurxier, said MORTGAGEE shall apply to the Court having jurisdiUion thereof for the appoi~tment of a Receiver, such Court shall ;
f~rthwith appoint a receiver of said mortgaged property all and.singvlar, i~tlud~ng all and sin9ular the intome, profits, iuues and revenves from whatever
source derived, each and every of which, it being expressly understood, ia hereby mwtgaged as if tpecifically sef forth and deKrikxd in 1F?e granting and
habendum clauses hereof, and such Receiver shall have all Ihe txoad and ef(ective funct~ons and powers i~ anywise entrusred by a Covrt to a Receiver, and
sLCh appointmcnt shall be made by such Court as an admitted equity and a matter of absolute rigM to said MORTGAGEE, and without reference to the
a~equaq a inadequacy of the value oi the property mortgaged or to the soivency or insolvency of said MORTGAGOR w the defendants, and that such
ren+s, profits, income, iuues and revenues shall be applied by sucA Receiver acco,d;ng to tAe lim w equity of said MORTGAGEE and the pradice of such
Court.
8. To d~ly, promptly and fully periwm, dixharge, execute, effect, complete, comply with and ab~de by each a~d every the stipulations, agreements,
CORditlOll3 and covenants in sa~d promissory nflte and this morrgage set forth. ~
9. Thst in the event the ownership of the mortgaged premises, or any parf tF~ereof, ~econxs vested in • peraon other than the MORTGAGOR, the
h10RTGAGEE, its successors a~d assigns, may, without notice to the MORTGAOR, deal with such successor a successor in int~rest with reference fo ihis
mortgage and the debt hereby secured in the same mann~r as with Mortgago~ without in eny way vifiati~g a diuharging tbe Mongagors' liability F~ere-
under or upon the debt hereby secured. No sale of Ihe premises hereby mortgaged and no forbearance on the part oF the MORTGAGEE or its successon
or ass~gns and no extension of the time for the payment of the debt here6y setured given by the MORTGAGEE or its successws or assigns, ahall operate f
ro releau, d~scharge, modify change o? aflect the original I;ab;Gty of the MORiGAGOR Fxrein, eith~`iE~n~~ ~~~~p ~ ~
10. It is spec~ficatly agreed that time is of the essence of this contract snd that no wa'rv~ToCYB;Eio6 ~~1~under~ of the oblgaYan se-
cured hereby shall at any lime thereafter be held to be a waiver of the terms hereof or of the instrume~lQ~iR~~rn$'' ~ i
11. In add~tion to the forego:ng monthty payments of pri~c'pal and interest required by t ~'~=s~F~ h~reby, mortgagor covenants
a n d a g r e
e s t o p
a y t o m o r t g a g ee wi t h eac h mon r h ly payment a~ a d dirio~a l sum estimated by mortg~
l~~ l~~b ~'annual cost of the follow- ~
ing: - . ~ ~ 4 3o PM'73 2S3s38
A-All real property taxes levied or assessed against the above described real estate_
B-Premiums on fire and windstorm insurance as hereio requ~red to be carried on the improvemeats situate on the above described premises.
C-Premiums on such morfgage guaranty insurance as mortgagee shall from time to time deem fit to carry on the ba~ secured hereby.
Mortgagee sfiail from time to time notify mortgagor in writing of the amount due and payabte hereunder and such wm shall thereupon be due artd
F~yable on the due date of the n~xt monthty payment and each successive month tF~ereafter ur.til mortgagee shall notify mortgagor of e change in such
a~~ount. $uch sums shall be applied 6y mortgagee toward the payment of real property taxes, insurance p?em;ums, and mwtgage guaranty insurance
p~ emiums.
IN WITNESS WHE OF, th said MORT AGOR F~as hereunto xf his hand and seat the day and ar. first aforesaid. i
' ned, Sealed nd live rt the p nce ~1trIlASa68 SS tr0 s~g118tiII1~A
of John F• BausOla
,p ~ . h (Seaq ~
i~litaesses as to signat s~an
r) ~ oi Jessie Bansola ~ap ~
am as ess e
S;ATE dF FLORIDA ~ ~
St. Lucie
couNn of
Before me perwnally appeared .lO~II1 j' . BallSOla x-;~;
. ~
his wife, to me well known~~~{.~~wn 1O e1i6~ '
, the individwl described in and who executed the fwegoing instrument, and sckrwMrledged before rrK that '+e executed •the • 4w thq. pbr" -
. . .,e:
therein expressed. fM~ekF ~ -
` .
vAfe~iyl+e~eid ' -
~~P~~a+d"s~s~t{+ew?i?e~ ' ~e~awe4~befs~e~na~tlial~~~xeewe~sa • • . . ,
rar!ly~and'~fMree~nl'e~anNeb;s~;~f*eM?!~spp ~~i~eer~ef~e?~rhersslet~ht~lf6nd: . : ~ " , •~t~„^'_"'
A ril ^ = • _°~s"~
WITNESS my hand and official xal thi dsy of ,~3
S7A7E OF FI~ C ~NOlti ~ " r _
COUNTY Of Notary Public i~ snd or tho{ ~State of F~ t r
.-~5tt.lti My Comm;uion e: es: ! 1~ Q 9 c~(,,~~
Before n+e.pe~~ona'Ttq sppeared e~8aie Bausola ~ SZaO ~10'iA~ 88 . '
- JQ~~i! g• ~~°Ol~ to me well known and krawn to me to be
rha ri~ddid~al •d~ui~,in and who executed the fuegoing instrumeM, and acknowledged befwe me tMt he executed the same fw the purposes
e~.~: ~ w~,~~a_ lessie Bauso a. alao Imam aa Jessie Bansols -
w~te~of~?~ - d .TO~ F~ B~
opon • sep~rate and private
~am`~dnw+_tiY.1ne fskek~~pa/ate and apart from her sa+d husband, acknowledged to and befae me that she exetuted said instrument freely and~volun-
r`
I~l,pt?d..w;rhp~t aAy ban, constraint, apprehens~on, or fear of or from her said hvsband. Q ~
O ' jt~E,96 m~ han~prtd official seat this ~ dsy of - ~ ~ /A~
` A,- 0. 19~_ ' s
~ Y'F' ~ r' ~3
, ~ ~r.
. . ,__t ~ _•~'1•r~~=~.:..._.. . - f ~ - . . -
'~h~~e ~ Notary Publit io ~nd for t}x St~te of L~' '
" ~ .+'?`:~'3'-~- My Commiuion expires:
T~~~. ' - t~ Pzepa?red by J. H.Roberta, 1r.My Comm;ss:on Expires lan. 28~ I9~OR~ A` ~GY
ef ~r s~nqs and ~?n NOTARY PUBLIC For
As~oeiation o~ Fort P3~rce, Ftozida
~ St. Louis Coun~y, Mo,
~~A!.~~`) F:~.rr~'X~
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