The URL can be used to link to this page

Home My WebLink About2169 . ~ . ' . To place and cont;nuously kcep a+ the bui'd~ngs now w hereafrer ~ir~ate on said land and ~n ~11 equ;pmen? and pe?sonally coverod by thi~ ma~¢ ~g~, w+th all prem~ums ~hereon pa~d in futl, t~re ins~rance ln ~ha usuat ~iandard pot~cy lorm, in a sum approved by the MOR(GAGEE, and windstum imurante in Ihe usuai ~randa~d pol~cy fam, in a sum approved by ~M MORTGAGEE, in ~uch company ~ or companiet as tht MORiGAGEE may direch +nd aU tire a~d w~ndstorm insurancs polkie~ on any of ss~d buiEd~npi, ~ny inee~es~ ~herein or pa~t thereof, in ~M aggreq~~e ~um ~tuew~d w in ~xceu ~hereo?, sMt~ contain ~he usual standard matgagce clause a such oiher davse a~ tM Mortgages may ~equ~r~, makioq ths ioss unde~ se~d polF cies, each and every, payable to iaid MORTGAGEE a~ its imerzst may ~ppear, and e+ch a»d eve~y such pot~cy sh~tl bs promptly a~a g~ed a~+d de~ivered ~o •ny held by sa~d MORTGAGEE ss further secu~ity to said rn~~tgage debt, •nd, nol lei~ tMn len (10) daYS in advance of tF+e expi~st~on of cach policy, to d~- liv~? to aaid MORiGAGEE a rs~ewal ~hereof, logether with a receipt for the premium of such rencwat; end there shall bs ~o fi~~ w windstorm iniur~nt~ pt~ttd on any of said buildiny~, aoy interes~ therein a part thereof, unless in tM form and wi~h ~hs loss p~yabte as afwesa~d; and in ~M evenl any ium of mon~y Eccumes paya~~e under such policy or pol~cies said MORTGAGEE shall have ths opt~on to receive and appty the same on sccoun~ oF th~ indebted- ness secur~ Fkreby o~ 1o pe~mil sa~d MORiGAGORS to receive and uu it p any par! tbereof lor oti,er purpases, ~v~~ho~t th~~~U/ wa~~ing or ~mpai~- ~ng any equ~ry, lie~ w right under a by virtue of this mo:tya9e; ~nd io the event taid MORTGAGORS thall for any reason fail to keep the s+id premisei io insured, w fsil to deliver ptomptly ~ny of ~aid policies oi insurarKe to ssid MIORiGAGEE, a tait promptly !o pay fully any pre~n;um therefor w in any respect fail fo pe~(oam, d;schaige, execute, effec~, comple~e, comply wiih and abide by ~his cove~aro, w•ny par~ haraof, sa~d MORIGAGEE may place a~d pay fw such insurance w any part thcreof without waiving o~ •ffeuing any option, lien, equ~ty, w right under or by virtw of this Morega9e, and fhe full amount of each and every such payment shall be immediately due and payabls and shall besr interesl irom the date thereof until paid at the rate ol nine per centum per annum and to~z~h.r with suth ineerast shall be secured by tht lien of th~s mottgage. To permit, commil ov sul(er ~o waste, impairme~t a deterio~atiw~ of said prope?ty w any part thereof. S. To pay all and singufar the cosls, charges and expenses, includ~ng s reasonable attorney i tee and costs of absnacrs o( r~Ne, incuned w paid st any time by said MORTGAGEE, becavse o~ in the evem ol the tailure on the part of ~he said MORTGAGOR to dvly, p~ompNy and fv~ly pe~form, d~xharge, executa, e(fed, complete, comply w~th a~d ab:de by each and every tFa st+pulat~oru, sgreeme~ts, cond~tions, ~nd covensnts of iaid promiasory r?ote and this mwtgsgs any ot eithe~, and sa~d cosri, chsr9es and expenses, each end every, shall ba immedistdy dve and payab:e; whether w not ~here be not3ce de- mand, attempt to collect or suit pending; ar+d the fuN amount of each a~d every such payment shall bear interest (rom ~he date Ihereof until paid at the rate os nine per tenwm per annurn; and aU said costs, charges and exoenses inturred or paid, together w~th such interest, thaN be iecwed by tAe lian of this mortgage• Q TMt (a) in the eve~t of any breach of this AM1ortgage w default or? the part of the MORiGAGOR, w(b) i~ the event ~ny of sald iums of money hereir reftrred to be not prompfly and fully paid within Ihirty (30) days next after Ihe same seve~ally become due and payable, w+thout dcmand w nofice, or (c) in the event each and every rhe stipulations, agreemcnts, conditions and covenants ol sa~d p+omiswry note and th~s mortgage any or ei~her are not ~uly, p?omptly and fully per(ormed, d~scharged, executed, e~fected, completed, comptied with and ab~ded 5y, then in e~ther or any such event the u~d ag gregate sum rt+entioned in said p~omissory note then remaining unpaid, with ineerest accrued, and all moneys secured hereby, shall become dw and pay~ ab~e iwthwith, w thereafte~, at the opt~on of said MORTGAGEE, as fully and completely as if all of the said sums of mo~ey were o+g~nally stiputated ro be paid on such day, anything in sa.d prom~ssory note or in this lNortgage to ~he contre~y notwiths?anding; and thereupon a thereafter at the option of sa~d MORTGAGEE, without not~ce w demand, suit a1 law or in equity, therefore or thereafter begun, may be prosecuted as if all moneyi setured hNeby had matured pt~or to its inslitution. 7. That in Ihe event tha~ at the begin~ing of w at any time pe~ding any su~t upon this Mwtgage, or to foreclose it, o? to reform ie, or to enfwce paymeM pf any daims hereureder, said MORiGAGEE shall apply to the Court having ~uusdlction thereoi for the appointment of a Receiver, such Court shail Forthwith appoint a receiver of said mortgaged property all a~d singuiar, includ~ng atl and singular the income, prof~ts, issues and revenues irom whatever source derived, each and evcry of whlch, it being express~y unders~ood, is hereby morrgaged as if spec~i;cally sef forth and described in the g.an~ing and hnbendum clauses hereof, and such Receiver shall have all the b~oad a~ effecrive funct,ons and powers in anyw~se eatruated by a Cour1 to a Receiver, and such appointment shall be r~ade by such Court as an admitted equity and a matter of absofute right to said MORiGAGEf, and wirhout re(erence fo 11+e adequaty or inadeqvacy of the value of the property moitgaged or to the sotvency or inwfvency of said MORTGAGOR or the defendants, and that such rerts, profits, income, issues and rever:ues shal{ br applied by such Receiver accord~ng to ~he lien w equity of said MORTGAGEE and the practice pf wch CouA. 8. To duty, promptly and fully perform, discha ge, execv?e, effect, complete, comply with and ab'~de by each aod every tF~e atiputatians, apreemenb, conditions and covenants in sa~d promissory n9ie erxi: this mortga~t set fwth. ,~~A-. 9. That in the event the ownersh~p of the mortgaqed prem~ses, or any part thereof, becomes vested in a pe?wn other tlun th~ N~ORTGAGOR, th~ MORTGAGEE, its succeuas and ass~gns, may, without notice to fhe M~RTGAOR, dea! with such successor or successor in iMerqt with rstKente to this mortgage and the debt hereby sec~red in the same manner as with hlortgagor without in any way vit~ating or d~uharging the Matgagors' lisbility F~rt . under or upon the debt hereby secured_ No sale of ihe Fremixs hereby mortgaged and no forbearan~e on the part of the MORIGAGEf a ifs sutcessors - or assigns and no extens~on of the rime fQr the payment of the debt hereby secured given by the MORTGAGEE or its s~cceuws or ass~gns, ahall operate ~o release, d~scharge, modiiy change or a(fect the o~iginal liability of the MORTGAGOR herein, either in whole w in part. 10. It is spec~fically agreed ~hat time is oi the essence of ~his contrad and trtat no waive? of any obtigarion he~eunder w of the obligation se- cured hereby shall at any time thereaher be held to be a waiver of the terms Aereof o~ of the inst~urr~nt secured herby. 11. !n add.tion ro lhe fwego:ng monthty payments of princ'pal and interest required by the promissory no!e secured he~eby, mwtgagor covenents and agrees to pay to mortyagee ~nith each monfhiy payrnent an add~tional sum esr~ma~ed by mortgagee to be eq~a! to 1/i2 of the annual cost of the follow- in~: ' A-RII real propert~ taxes levied o~ assessed ag~inst thc above dex.ibed real estate. B-Premiums on f~re and wir.dsform insurarce as here~n requ~red to be ca.ried on the improvements s~tuate on the above described premises. C-Preiniums on such mongage gua.anty ensurance as mortgagee sha~~ from t~me to time deem fit to carry on the loan secured hereby. Mortgagee sha~l from t~me to time notify mortgagor in writ~ng oi the amount due and payable hereunde.- and such sum shail fhereupon be due and Fayable on the due date of the next month:y payment and each sucte5sive month thereafler urtil mwtgagee shall ~otify mortgagor of a change in such a-no~nt_ $uch sums sNa;! be applied by mongagee toward the paymem of rea! property taxes, iosurence prem:ums, and mortgage guaranty inwrance o~emiums. IN WITNEaS WNfREOF, the said titORTGAGOR has hereunto set his hand and sea! the day and year ' st aforesaid` Signed, Sealed and delivered in the prexnce of: ,t_.~ /A/""' rw ` - ~ St en aq - • Sal 'CIOS s~~ ' - _ ~ . f~t-e,~.e-4-~c~U ' q _ Mary A Saletros ~~ei~ ~ v I . , i STr~TE OF ~E~D1 . ~ . ~ S5. ` COUNTY OF ~ Before me penonaUy appeared SteFhen R. a~ Saletro~ I Atary A. Saletroa his wifc, to me well known and known to me to be ~ the individuals described in and who executed the foregoi instrument, and acknowledged befwe me thaf tF~ey executed the same _for the purposes ~ +herei~ expressed_ And the said ~y A• Shce'tYOS ~ ~,:fe or ,~;d Stephen F. Saletros „~,,,a' ~~,u ~ e,am+~ation by me taken separate and apart from her said husband, atknowledged to and befwe me that sbe executed'said'i v~iln~~j/~yid, , ~arily and without eny computsion, co:utrainr, ~pprehension or e r of or from her ~aid husbsnd. i ~ • i T ! WITNfSS my hand and oifiual sea! thii ~ day of Atl L1 ~ G~ ~ q; •aa~9 - ~ fIIED ehp PECOROEO ~ ~ ~i ~y~~~-` _ ~ ~ ' ` ST. lliCsE CO}JM ~ 11 f lA. ?2~'"~-Gr-t~i f~',~~~o°~'~i ROG_' ~i~iFa$ Notary Public in and fo? th9 $~t4 of Floric~b a~larye: 1u ' ~LcRi( l' '~llli COURT My Commiuion expires: ' {i ~ ' Retum To: QE~~~~ Vi~..~iLr~...~~ . :~C~ - f ' • ; Fi~st Federa) $avings 3 loan Association ~ . . ~ ~j ' ~ Of Fort P;erce. ~~ii ~ ~ ~ OS ! u ,V 7 i . S ~ forf P~e~ce, Ftorida Nf • 11 ~ -,AMPOaA ' ~ ; ; ; • • f ~ ~ 261'7'72 NOI~RY P: ot New ~o~it , ~ ~uftolk Ceu!~~ No. :,2-Si+: '.c. i iecm ExD~~s M~acth 3U. 1~J-~" i This Instrument Prepared By J. H. Roberts, JY. First Federal Savings & Loan Association } of Fort Pierc~ F1oYida E ' Checked By ~ ~ ; ~ ; _ ~ _ ~ ~2i7 ~~2i~Q ; ~ _ _ _ _ _ _ _ _ . _ _ : ~ ~.~r ~ w ~ ~ ~ ~ . ~u . x_.~~~_;:.~~"~~- .