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HomeMy WebLinkAbout0373 3. To p~ace and conrinuously keep on tM bui(diny~ now w hereafte~ ~itu~te on taid land ~~d on all rquipment and pertonally covered by thif mort~ •ge, with alt premium~ thercon pa~d in iull, fire i~surance ~n the usual s?andsrd policy form, It? • sum app~oved by tRa MORiGAGEE, and winditam inswance in tM usual ~unda.d pol~cy iwm, in • sum approvtd.by fM MORiGAGEE, i~ s~ch canpany or compa~ies as ~M MORTGAGEE may dlrec~; ~nd all fire and w~ndstorm insurance potiues on any of Nid bu~~dinpt, any int~r~st the~ein or pa~t thereof, i~ the +ggrepa~~ wm afwefaid w 1n exces~ Mereof, shall conta4n the usual s?andard matgape~ cl~use o~ such OtI~N CI~UfO tAf AAptfQ~N may requu~, maAi~+p ~M Iws u~der sa~d poti~ des, aach and eve~y, payabls ro said MORTGAGEE as its iNerett may ~pp~ar, and e~ch ~nd wery such policy shall be p~omptty ~u pned and dtliver~d to any held by said MORTGAGEE ~i tur~he~ iecurity to said mwtya9s debt, ~nd, not I~ss tMn tM (IO) daya in adv~nce of tM eap~ration of e~cA poiicy, to d~- I~v~r to ia~d MORTGAGEE • renewal tlxreof, tope~hs? with a~eteipl for tM prtmium of ~uth ~e~ewaf; and there shall be no F~re o~ windstorm iniuranca placsd on ~~y of iaid build~rys, ~ny intere~t tMrein or puf th~reof, unl+sa i~ ~h~ form ~nd wi~h tM loss payable u afwesudt +~d tn ~ht evenf any sum of money bccome~ peyabte undc. such policy or polK~es s~id MORiGAGEf shall have eM opt~on to receivs and apply ~he iame on +ccovn~ of the indeb~ed~ ne» setu~ed hersby or b permif said MORTGAGORS lo ~eteive and use it a any part thereof for o~hcr purpoaes, wi~Fwu~ th:r~u~ wai~i~g or ~mpa~.• ing ~ny eqviry, lien a righ~ under or by vi~tu~ ot this mort9~ys; u~d in the ~vent sald 1NORTGAGORS shall for any ~sason fail to keep ~he s+id premises so insured, w i~il ro deliver promptly any of ~aid policies oi i<uvrsncs ro sa~d MORiGAGEE, w fail promptly to pay fully any premium thc.efa w in s~y resped fail to perfam, dischar~e, ~xecute, effact, complete, comply wi~h and abide by this tovenant, w any part hereof, said MORTGAGEE may place a+*d pay fw such iniurancs ot any part thereof without waiving or affectirg any optio++, lien, equiq, w right unda w by virtw of this Mor~gape, and tM full ~mount of each and evay such payment shall be immediately dw and p~yable ~nd sMll b~sr intere~t from tF~ date the~eof ~ntil paid ~t tM ra~e oi nine per centum per annum aod togelhe~ with ~uth intereat shall be xcured by 1he tite of thit mwtyaga 1. To psrmit, commi~ w suffsr no wast~, tri+p+irme~t w dete~ant~w? of wid property w any part thcreof. S. To pay all and ~ir?pular the cosri, charges ar+d expe~ea, includinQ a reasonabk snorney's fee snd costs of sbstrads of titla, incvrred w paid eny time by said MORTGAGEE, becauss or in the evem of tM failure on tM p+rt of ~he ssicl IY~RTGAGOR ~o duly, prompHy and fvlly pe~fwm, d~uMrge, ~ execute, effecL complete, comply wirh end ab~de by each ~nd ewry the sti~wlario~?s, ayreemenn, cond~tiau, and covensnn of sa~d promissory note and thii mortgage any a sithe?. and sa;d cosh, charges •nd expenxs. esch ar~d evsry. shall tH immediately dve and payable: whethrr w not ther• be r+otice d~ ~ mand, attempt to collect w~vit pend~ng; a~d tha full amount of each and every wch payment shsll bear interest from ~hs date ?he~eof u~~il p~id ~t the raie of nine pe~ tentum per snnum; and all said costs, charqe~ and expenus inturred or paid, logether with such int~resl, shall be secured by the lien of thit mntlp~ye. ~ ' i 6. That in tfis e~ent of any bresch of this Mortga9t w defaul~ on th~ paA of ths MORTGAGOR, or (b) in ths event any of s~id ~wns of money herein refcrrad ro be not promptly ~nd fully paid within thirty (30) days neu after the sa~ne sevc~ally becoms due and payable, without demand w ootite. or (c) i~ the eveN each and every the stipularions, sgreemenri, co~ditions and covenanrs of sa~d promiuory oote and th~s mortga9e aoy or cither are no1 iuly, promptly and fully performed, d~uharged, execwed, effected, completed, complied with and ab)ded by, thsn in either w ~ny such event the said ag gregste sum mentioned in said promissory note thcn remaining unpaid, with interest accrued, and a11 moneys secured hereby, shall betane aiue and pay- able fwthwith, or tFxreafter, at the option of said MORTGAGEE, as fvlly and completely as if •11 of the said sums of money wc~e wiginelly stipulsted to be paid on sucA day, anything in sa~d p~omiuoay note w in this Mo~tgsqe to the cont.ary notwithstanding; and thereupon w thereafter at the op~ion of :a~d MORTGAGEE, w~thout no~ice w demand, suit at law or in equity, tFxrefwe w thercafter begun, may be prosecuted as if all moneys secured hereby had matured prior to its institution. 7. That in ths event that at the beginning of a at any time pe~ding any wit vpon this Mortgage, or to fweclox it, w lo refwm it, or to enfwce payment of any claims l+e~cunder, ssid MORTGAGEE sha~l apply to the Court having jur~sd~cfion ~hcreof fw the ~ppo~ntment of a Receiver, such Co~+n shatl - Forthwith appoint a receiver of said mortgaged property atl and aingutar, inctud~ng all ar~d si~gvlar the ertcome, protits, iuue~ and revenves from whatever source derived, each snd every of wh~ch, it being expressly unders~ood, is F+ereby mortgaged as if speciiicatly srt fonh ~nd desuibed in the g~anting and habendum clauses hereof, and such Receiver ahall have all the broad snd effective funct~o~s and power~ in anywise entrusted by a Gourt to a Receiver, and s~ch appointment ~hall be made by such Cou?t as an sdmitted equity and a matte~ of absolute rigM ro said MORTGAGEE, and without reference to ihe adequacy w insdequaty o4 the wlue of the prope~ry mortgsged or to the soivency w insolvency o1 said MORTGAGOR or the defendants, and that such renis, profits, irxane, issues and revcnues shalt be apptied by such Qeceiver accord~ng to the lien or equity of said MOR~GAGEE and the practice of such Coun. 8. To dviy, promptly ~nd fully periwm, discharge, execute, ef(ed, complete, comply with and abide by each and every the stipulationa, ag~eements, conditions and covenants in said promissory note and this mortgage set fath. • 9. That in the event !he ownership of the mortgaged premises, ar any parf thereof, becomes vested in a person other than the MORTGAGOR, the MOR7GAGEE, its successors and auigns, may, without notice to the MORTGAOR, deal with such successw or successor in interes~ with reterence to this mortgage and the debt hereby secured in the same manncr as with Mortgaga withovt in any way vitiating pr dixharging the Mortga~ors' liabilify here- under a upon the debt hereby secwed. No sale of fhe premises hereby mor~gaged and no fal+earance on ~he par~ of the A~IORTGAGEE o? its successors or assigns and no exte~sipn of the time for the payment of the debt hereby secured given by the MORTGAGEE or its auccessora w au;gns, shaN ope+ate ro reiease, discharge, rtadify change or affect the original liabitiry of the MORTGAGOR herein, either in whok w in part. 10. It is spec~lica~ty agreed rhat time is of the essence of th;s contrsct and that no w+iver of any obligation hereunder w of the obl'~gation se- cured hereby ahall at any timc thereafter be held to be a waiver of the terms hereof w of the instrumeM secured he+by. 11. In add~tio~ to the forego:ng manthly payments of prin~ pat and interest required by the promissory note secured heraby, mortgagor covenants and agrees to pay to mortgagee with each monthly payrnent in addirional sum estimated by mongagee ro be equal to 1 f' 12 of the annual cost of the iollow- ing: A-AII real property tszes lev~ed or assessed agai~st the above desc~ibed real estate. B-Premiums on iire and windstorm insurance as herein requ;red to be carcied on the improveme~ts situate on the above descr;bed ptemises. C-Premiums on such mortgage gua.anty insurar.ce as morrqagee shaA Irom r'me to time deem fit to carry on the loan secured hereby. Mortgagee shaU from time to time notify mwtgagor in writing of the amount due and payable her~under •nd such sum shall thereupon be due and Fayable on the due date of the next monthty payment and each successive month thereafter u~til mortgagee shafl notity mortgagw of a change in wch a--~ount_ Such wms shaH be appiied by mortgagee toward the paymenf of real property taxes, insuraxe prem:ums, ~ and martgage guarenty insurance premiumf. IN ITNESS WHEREOf, the sai MORTGAGOR hereunto xt his hand and.seal the day and year first aforesaid. ' ned. Sealed the pr ~Witness a,s to ~1 ,c... Joseph DiMastino ' M~ Witness as to ~a~ ' Mary Mne DiMartino c~°~ ; srate oF F~oaro ~ cour,n oF St. Lucie ~ Befwe me personally sppeared Josenh DiMartino ' ~~~___~~~_~~~~_~_~~_~~'~~~`_~_~~~_~~~~~~"~_~__~~~~~~~h6rrwifr, ta me well known and krawn fo me to be ~ rhe individuat~ desvibed in and who executed the foregang instrument, and adcnow{edged befwe me that 111w~ execvted the same for the p~+rposes therein exp~esxd. Anr~Me-s~i~____-~~~ _~~~~~_~~~~_~....~~~~__~_~~~~.?~~~~__~~_~~~~s~31~~~~~~~ ` wr:4~eF-~F~seid~~~~~~---~-^~----•.-~.•~ r ' i~a1~s~ aun a . k oxaiwiws~i~~y-~wrt~wew~epKM~ ~nd-spa~f~f~o.rr-I+er sa+d-fivsbRd- edge~f-M ~ beio+e-n+e-th+w ihe~e~oted-sa+A irRtnrme~~? tador b~y.~,d-..~+4w~r~ ~nyrcomputstorr,-~or+~ramr, apprel~ns~on-~`tee? ar~ndn, iarsa~d . " - ' WITNESS my hand and official seel this 6th day of a, 19 ?3 ~C.~~~ ~ ~ Notary Pubiic in snd ,for lI~! St%ts/0~ Ff~ t latpt My Comm~saiw~ axp'ire~t~ t;Fy ~y~iG.'S1Atf o~-~IQRIDA at URGE Retum To: _ - . =TSy.g::~ 'F7t~~RES••I 7 ~ 1 , ~ " . 'F7t J~N.' . 977 ' STATE OF F1A~301X New York - ~ ' ~~'~a'~;~~+~s +~~3yrance Cp. . ~ S5. -L ; f..?.- ` ~ couNnr oF Sutfn lc ~ - ~ . , r : - " - ~ ~ Mary Anne DiMartino • - ~ • ' ~ • ~ ' ~ ~ Befwe me personally appeared _ ,..y ~ . , -~i}tii~S rk lw~k~wyln andatnown fo me to be the individual~ described in and who executed the foregoing i~:trument, and acknowledged befoie ~ tlisi ~e~ b~ecuj~d~the ~s~e tor the purposes therein expres u d. A n d the sai ~ ~ r~ife of the said S h D~ ! Y~ " up9n` e se rate snd privat~ e~amination by me taken separate and apart from her ssid husba~d, ~cknowledged ro befor rtit s~e • uted j~ 'w~strum freely and volur?~ ; rarily and withovl any compvliwn, constraint, appre e:on fear of or from her sai husba i WITNESS my hand and offic~al seal this day aF A. 19.~~. , Th~: instruae~t ~repared by _r. H. RoD@rts, Jr. ' o ric i. tor r1~e t+r •r~~ Y~ First Federal Savings and Loan ~ R~ ~y c«~,m~:s~«, Q° , ' Assoc. of Fort Pierce, Fla. n~•. ~p~.~ No. 3f, 3987215 ' F~ Qu~l~f.er ,n . , . ,-ty ; y-- Cam~;,-. • . -;1~ - - ~ .d s.. _.,t . _ _ ~ ~ . _ _ - _ : ` v . . _ . . _ . _x ""~~~r~~.'