HomeMy WebLinkAbout2752 ta plx~ ~nd con~LNausly ke~p on th~ buildinps now or hs.~ahN sirv~~~ o~ ?aid lu~! a~d on ~II pvipm~m u+d p~nonslly covK~d by this mat9-
~p~, with ~11 pnmiums ~h~~~on pa~d in full, f'u~ i~sw~nc~ in th~ u~wt iuidud policy fo~m, in ~~um approwd by,th~ MORiGAGEE, a~d windstam
t~aw+~c~ in Uw vsual iiu+d~.d pol~c~r fwm„ ~n a sum app.ov~d by Nw MORTGAGEE, tn wch company w compa~l~s as the MORTGAGEE may
dK~t Md ~II fir~ and wind~wrm inwraeo~ poticies on ~y ot aid build~np~„ ~ny in~~~~sl ~Iw~~in a part tM~wf, in 1!M ayyrt9at~ wrn ~fw~Hid w
In ~xcess IF~~of. shall cont~in ~M ~wal sunda~d matyyN cl~vs~ w Wch 9thN t1~uM af fM JNo~fya~M may ~puu~. makinp ~M lou unda sa~d po1M
cl~s. Ntb ~nd ~vay, paYabl~ a iaid MORIGAGEE ~s in in~sr~st m~Y ~pp~ar. and ~ach and ~v~ry fuch policy shal) b~ prompfty u~:q~ed and deliv~~ed ~o
~ny lMld by taid JNORTGAGEE as (wlhtr seturity to said mortpa9e d~bt, and, not t~sf ~Mn ~N+ (10) d~ys tn advanc~ of tM ~xpir~tion of euh policy, to de-
liw~ M wkt A10RTGAGEE a r~eawat ther~of, top~~hN wl~h • r~csipt fw tM pra++iwn of such renewalj ~nd ~her~ sh~ll b~ no fi~s w windstam i~+sur~nt~
p~aad on w~y of s~id 6vildinps. ~ny in~enst tFwr~~~ a put tF~~of, unku in ~he fum ~~d with ~M losi payatl~ ~s afa~widj ~nd in ti+~ ~v~nt ~ny ium ~
of moMy b~Cpm~s p~yabl~ und~ such policy or polici~s said MORTGAGEE ihall haw rh~ op~ion to receiw and apply ths same on accoun~ of tM indeb~ed~
Mu Mtur~d htr~by a 1o pKmit said MORTGAGORS Io rec~iw and vN N or any part therwf fw othe~ purpotet. without thereb~ waivi~?fl a nnpair-
~~p any puity, IiM w rpht unde~ w by virtw ol this mortpapr. ~nd in Ih~ w~nt said MpRTCsAGORS sMll fw any reasa~ fail ro keep the said p?em;ses so
fruwed, or tdl to detivN piom,p~ly any of said pol;cies ~ot insvr~nc~ to said MpRTGAGEE, or fail promptly to pay fully sny premium tl+e~efor w in any
nsp~ct fafl b p~rfam, disch~r~, ~x~cu~~, ~fi~ct, compl~te. compy with and abid~ by this cownan~, a any part her~of, pid MORTGAGEE m~y piace •nd
wy (w sucb iro~~ux~ a ~ny put thuwf without w~ivinp w~ffectinp arty option, liin, sqv+ty, w riphf unde? w by virtw of this Mortgs~s, and the
tull ~nq~nt oi tach and ~wry suth paymsnt shall be imrnedi~qly dus aod p~yabk and ihsll bea? interesl from ths dats tl+ereof un?il paid at the rat~ ot ,
nirw pK centum pN annum and togethtr with suth interest tMll be ucured by ths iien of ihis mortysge. r•
4. To pNmi~, tanndt w wffa no waste, impairrtKnt or dets~iwatiwi oF said property or arey psrt thereof.
S. To piy all a+d sirgulu the cwts, chuyes and expNUes, UicJvdinp a reasonabk anomey's fee snd wsts of abstracts of title, incurred o~ paid at
+^Y ~ime bY s+id MORTGAGEE, becaua~ or in tlu w~nt of th~ f~ilvre on the paN of ~he said MORTGAGOR w duly, promprly and futly perform, d~tcFwryR
exec~te, effect, wmpkt~, comply w~th ~nd ~btde by each and every the sfipulat~w?s, agreemenrs, conditioru, and covcnanK of said promiswry ~ote and this
mutyape +ny a~ither, and said costs, tMrges •nd exptnses, each ~nd wery. shall be immedistely due and payable: whether or not there be notice da
rrwnd. +nempt to colkct q wit pending; and th~ fvll amouM of each and every s~ch payment shall besr interest from the date thereof until paid at the
rare of nine per centum per annum: a+id all said costs, charges and expenses incurred or paid, together with s~ch interest, ahall be secured by the Iien of thit
matya~e.
6. Th~t (s) in the ewnf of any breach of this Morty~p~ w defwlt on ths part of the MORTGAGOR, o? (b) in the event any of sa~d wrta of aaney
herein refensd to b~ nof promptly ~nd fvlfy psid withirt lhirty (3p) d~ys ~e~c~ after tF?e same severally become due and payable, without demand or notice,
or in tht tvtM each and wery the ilipulations, s~reemenri, conditions and covenanb of said promiuory note and this mortg~ye any w either are nof
iuly, promptly u~d fully performed, d~scFr~rged, executed, effected. completed, complted wirh end abided by, then in eithe~ w any s~cb event the said ag-
p.eyat~ wm memaned in ssid p~omiuory note tF~en remaining unpaid, with intercst atuued, and all moneys secured hereby, shatl becoms d~e and pay-
abls forthwith. a thereafter, at the option of said MORTGAGEE, as fully and completely as if all of the sald sums of money were a~ginetly st~putated
to be paid on such day, artythirg in sa;d p?omiuory nots or in tbb Mwtgage to tl~e contrary notwiths~anding: and thereupon a thereafter s1 the option of -
said MOR7GAGEE, witFaut ratica or dernand, suit at I~w w In puity, the~efwe w thereafter begvn, may be prosecuted as if ~II moneys fecv~ed hereby
had matured pnw to in i~stitution.
7. TI?~t in the event that at the beginn~rg of or ~f any time pcndirg any wit upon tbis Mortgage, or w foreclose it, or to reform it, or to enfwce
payment of ~ny cfaims he.eunder, seid MORiGAGEE sF+sll apply to the Court hsving jw~sdK~~on thereof for the appo~ntment of a Receiver, wch Covrt shsll
fathwtth sppoint a~eceiver of ~aid morfgagad property all and s~ngular, includ~~g ~ all and singulsr the incoma, profin, iuues and rovenues f~om whssever
source derired, each and every of whKl+, it beirg expressly w?derstood, is hereby matgaged ss if specifically set fw?h and described i~ the granting.and
habar~dum clauses hereof, ~nd s~ch Receiver shall iWVe all the brosd aod effective funa~ons and powen in anywise entrusted by a CouN to a Receiver, and
wch sppointment sl~eH be mada by such Court a~ aa admitted eQvity and a mattd of absolute rigM fo said MORTGAGEE, and withoul reference to the
~deq~acy a inadeqwcy of tM wlue of the property mortya9ed or to the sotvency o? insolvency of said MORTGAGOR a the defe~dants, and ~hat such ~
.`en~t~~ profits, incane, iswes and revenws thall be applied by such Reteiver accwding ro the lien or equity of said MORTGAGEE and fhe padice of such
8. To duly, promptly and fvlly pNform, discharge, execute, effect, complete, comply with ~:~d abide by each end every the stipulations, agreem~~ts,
conditaro and covenants in sa~d prom;ssory note and tF?is mortgsge ser forth.
9. That in the went ths ownenhip of fhe mortgaged premises, w a~y pan thereof, becomes veated in a person ofher thsn the MORTGAGOR, the
MORTGAGEE, its sucteswrs ~od ~u~gns, may, without notite to the MORTGAOR, deal with such succeuor o? successor i~ interest vrith reference to this
mor?gpe and the debl hercby setwed in the ssme manner as with Mwtgagw without in a~y way vitiating w diuharging ihe Nbrtgagon' tiabiliry hera
under w upon ths debt he~eby srcured. No ssle of the premixs hereby mortgaged and no fwbearance on the part of the MORTGAGEE a ib successon
or assigns s~d no extens~on of the time fa the payment of the debt hereby secured given by the MORiGAGEE or its successors w auignt, shall opaate
to release, d~xMrqs, modify change a atfect the wiginal tiabiliry of the MORIGAGOR he~ein, eiiAer in whok o+ ln put.
10. It is specifically aqreed that time is of the esxnce of this contract and tbat no wsiver of any obligation hereur~der or of tha oblgatan se-
c~red hereby shall at any time thereafter be held to be a waiver of the terms hereof or of the instrument secured herby.
I1_ In addition to thr fwego:ng monthly payments of princ'pal and interest required by the promiuory note secured hereby, mortgagar covenants +
and agrees to pay to mortgagee with each monthfy payment an add~rionsl sum estima~ed by mortgagee to be equal to 1/12 of the annual cost of the follow- ;
ing:
~
A-All real property taaes kvied or assessed against the above desuibed real estate. j
B-Premiums on fire and windstwm insurance as herein requ;red to be carried on the improveme~ts sit~ate on the above described °
premises. ~
C-Premiums on such mwtgage guaronty insurar~ce as mortgagee shall from time to time deem fit to carry on the ban secured hereby. ~
Mortgsgee shatl from time 7o time nc?ify mortgagor in writ~ng of the amount due and payable hereunder and such wm shall thereupon be due and s
Fayable on the due date of the next monthly payment and each successive month thereafter ur,til mortgagee shall notify mortgagor of a ciwege in such ~
amount. Such sums shait. be apptied by mortgagee toward the payment of rea! property taxes, insurance {xem:vms, and mortgage guaranty inwrante {
p~emiums, j
IN WITNE55 WHEREOF, the said MORTGAGOR has F~ereuMO set his hand and scal the day snd ear first aforesaid. ~
Sipned, Sealad and delivered in the preserue ot: ~ ~ j,
- ~~a[~/1P~ .(Seaq i
aq
;s-~n ~
1.AnA RArhLto ~~a~ ~
siATE °f New~J~
ork l ~
.UAsSA-!J ~
couNtv oF
,
Before me p~nonally appeared Theodore Barbuto ~
; L@228 Barbuto his w;fe, to me well known ind known to me to be
~ the individwb described in and who exec~ted tha ~rcyqnp~~nstrument, and stknowtedgad before me that they executed the same fw the purposes
therein expressed. And the wid L6T18 t38I'DL1L0
~ w~fe of the ..~a Theod~•e I' Ll O upon s sepante arul privat~ _
u
exemi~atio~ by me tsken separate +nd apart irom 1?er said husbsnd, scknowledged to and befo~e me that ahe execvted said instrumsnt fraely and voluo- ~
rar~ty and witlwvt any compulian, constrsiM, appreheru~on, or fear of or from her pid husb~nd. ;
i WITNESS my h~nd and official seal this 3. day o{ A D. 19..~~ '
1
,
~ Public in ~nd i the State of l,a
e«nm;uion ex .es: N~~ ~ N ~ ~ ~
Retum Ta. •
Y W ..~•:.r~t~,~lqV~^':
firat Federsl S~vinps 3 Loan Association ~ v ~~~~ii.
~oM~d r.~~ ~ : yb~......,..
Oi Fort P~erce. NOTARY FU~i_!~ " i~ ,~T' f '?~'~i~ '
t' . 4 t, .
fort Pierce. Flwida No. 3 j; f ~l~.~c York ' J: ti~ ~Y
^ ~ T ~
~ . QUA~Iri=~ I!1 ' " . •
7~rm Ex ' :.~•;-ty C~1. ~t ~ -
p:rs: l. ~~;.~3~ • ~ : ;1 ~
4 1975 _ .M ~ C 1 • ~
` This fnstrument Prepared By J. N. Rob~rts, Jr. fI1f0 A o, ~
~i ~
First Federal Savings E~ Loan Association ST.IUClE COUNTYFL~. ' n•~~ ••••••~~•0~-'` ,
' of Fort Pierce Flor i da ROCER P~7~TP.AS t ' ti~" `
~ CLfRX C;?~l1~T C~tlRT ~ .
~ Checked By ~ p, f C Of p vt F~~ E p`~ ,
~
~
~ ~ 5 I I o9 AN 'T3 sb
; . s~K Z14 P~z749 256Q03 -
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