HomeMy WebLinkAbout1742 3. To ptace and conrinvocsly keen on rne b~~'d~r~~s now a he~rafrer i+tuate on sa~d ~and and on alt equ~pn,rnt and perso~~lly cove~rd by this mortg-
e9e• W~T~ p~emiumf tha:eon pa,d ~n f~Il, fne inswe+xe ~n ~he uwai srar.derd policy form, in a sum aHp~o~ed by ~he h50R~G.;GEE, and w~ndsrurm s•
~~iurance in Ihe ~sual sfanJ~rd pot~cy tam, in a sum opproved by ~he MORTGAGFE, in such ccmpany o~ com~:an~es as the MORTGAGEE may '
direch •nd all lire a~u! w~nJs~orm i~uuianca poticirs on any of saW bui~d.ngs, any interest therem or part the~eof, in rhe aggr;;gafe su~n ~fo:esa~d or ~
~~~excest Ihereof, shall conta~n ~he vsual sra~~dard mO:t~agee clause or wch o~FKr ctause as the Morrgagre may requ~~e, maMfng Ihe iosa u~~drr a.~~d poli-
ur~, eath and eve~y, paya~'e to sa~d h1QRiGAGEE as ii; ~nrrreat may appear, and each and every such ~w!~cy ~hail be p~omptly ass gnrd a~:d de~i~e~cd ro '
any hetd by sa:d MORIGAGEE as Funh<r secuniy to sa~d ~r.ortgage dr~t, and, not l~ss than te~ (10) days in advance of the exp~rat~on of mch }iot~cy, to do- •
Gver to sa~d MORiGAGEE a ra~ev.al thereof, together wirh a rece~pt for the prem;~m of such renewa!; and ~here shail be no Lre o~ v~~ncia~orm insurance '
plated on any of said build~ngs, any interest therrm or pa~t thareo(, unie~s in the form and with the loss payab!e as aforesaid; a~d in the eveM any sum
of mo~ay becomes payable vnder su~h polity o~ pol,:ies seid htORIGAGEE ah~fl Aave the opnoa ro rea:ive and apply !he same on accoum ol the ind~ut~d-
neu secu~ed he•eby oi ?c~ perm~i sa~d MpRTGAGORS ~o retrive and uae it w any part ~t,r,euf tor ot~~rr E.ur~~;,sr:, .•,.~~~uut iF„~. U~ w.:;.~ ~r ~~~:p.,i~- i/ ,
~~g any equ~ty, liea or righ~ under o~ by virtue of this mo:tyage; and ln the evrm sa~d MORiGAGORS shalt (or any reason fait /o krep the sa~d prem;s:~ so
~nsured, or faii fo detiver pron,pfly any of sa~d pol;cies of inswance ~o said MO~ZiGAGEE, or fail promptly to pay fully any pre:~,i~~n therefor or in a~y
resp~a fail io perform, d~scharg~, exec~te, effect, compietr, co:nrly wirh and abide by th~s covenant, w any par~ hrreoS, ~aid MC~RTGAGEE may place a~d ,.a
pay iw such insurance or any part thereof wrthoul wa~ving or affecting any oprion, lien, equ~fy, os rigM under or by v~rwe oi ihis Mortgage, and the ,1
tutl amount of each and e.ery such paymem shall be immediately tlue a~~d payable and shall bear interest from the date ~hereof uhtif pa~d a~ tne rate ol
n~ne per teroum per annu:n and to~•,ther v~~th such imer~st sha~i be skcured by the lien of lhis mcutgage.
1. To Fermit, commit or sufier r.o waste, i~npairment or deter~oration of sa~d property o~ any p3ri thereof.
S. To pay all and singu~ar tix coats, charges and expenses, indud~ng a reasonabte at?orney i fee and costs of abstrat~s of tit!e, incurred or pa~d a!
any tirr.e 6y sa~d MQRIGAG;E, becauae w in the event of :he fa~iure on the part of the said MORTGAGOR to duly, prompdy and'futly pe~form, d~scharge.
execvte, effec~, canpt~te, co:np!y w~rh and ab:de by each and every the stipulanons, agreements, cond~tions, and covenams oi sa~d p~om;ssory nate and ~h~s
,~~ongage any w e;the~, and sa:d costs, charges and exprnsrs, each and every, shall be immediately due and payable; whr~her w not there be nonce da
mand, attempt 1o co:lecf or suit pend~ng; and the full amouN of each ar.d eve~y wch payment shalt bea. imeresf irom the date the~eof umii paid at the
~~~e o~ n~r,e per cencum Ne: annu:n; a~~d all sa~d costs, ch:argcs a~d rxar~ues incunrd or paid, toyett~er w~th such ioterest, shall be secured by the lie~ oi th~i
mortgdge.
6. That (a) in the event of any breach of ihis Mortgage or default on t}~ part of the A'.ORTGAGOR, a;b) in the event any o( sa:d sum: of money
h~rein refer~ed to be not prompely and Iuily Faid v~irh~n th,r~y ~30J days nc,et afrer the sa~ne seve~atly become due and payable, without demand or no~ice,
or (c) in thr event each and every ~he shputanc,ns, agreemenrs, conJ~tions and covenanrs o! sa d prom~sswy note and th:s mortgage any a either are no1
~uly, promptly and i~lly performrd, d~scfia~ged, execut~~d, effectrd, complered, compl~ed with and ab~ded by, then in eirher or any such event thr sa~d ag
gregare sum m¢ntiOned in sa~d pron~issory nute then ren,ain;ng unpaid, with imerest accrued, and a:l moneys secured hereby, ehall become due and pap-
ao~e for~hwith, or ihereafrer, at the option of sa~d MORTGAGEE, as fuliy and ca~npiarety as if atl of the said suma of money wcre or~giriaily a~~pu~afed
ro be pa:d on svth dzy, anithing in sa.d pro:mssorv note or in this hlortgage ro the co~t,ary not,v+thstand~ng; and thereupon w thnreafter at the opnon of
sald MORTGAGEE, v.uF.out not~ce or de~~and, suit at law or in equ,ty, therefore or thereaftrr beyun, may 6e prosecuted as if all moneys setured hereby
n~d mawred pnw lo ~ti ~nstdvhon.
7. Tha~ in the event that at the 6eginn~ng of ar at any t~me p~:nd~«q any su~t upon rhis Monga~e, or to fweclose it, or to reform it, or to enforce
payment of any t?aims he~e~nde~, said A~IURTGAGFE anall appiy to the Court having ~unsd~ct:on the:eof for the appo~ntment of a Rece~vcr, s~th Covr1 sheU
Forthwith app:oint a rece~ver of said mortgaged proµ~:rty alf and singular, i~cl~d:ng all and si~}gv~a~ fne i.^.come, prof~ts, issues and reven~es f~om whatever
so~r~e derived. each and every of wh=ch, et being express'} ~nde~s~ood, is herrby morigeged as if spec~f~cai:y set forth and described in tAe graoi~:~g and
hsbertdum davses hereof, and such Receiver shail have atl the broad and eifeuive fun~~.ons and po,kefs in anyw+se entrusted by a Cov~l to a kecef~er, a~d
:_ch appoinfine~~t sha:l be rT,ade by such Courf as an adm;rt~d eyu~ry and a m.arter of absoiu+e right ro sa~d MORTGAGEE, and w:ihow reference to the
adequ;cy or inadequac~ of tF.e val~e of the property mortg;ged or to the so~vency or ~mo:vency of sa~d MCRiGAGOR or the defendants, an~ rhat such
re~,es, proins, income, :ssves ar.d revar.ues sha'i be appGed by such Recei•+er auord.ng to ihe 6en or equity oF aa~d MORTGAGEE and rhe p~au~ce of such
Court.
8. To d~!y, prcmptly and fu:!y perlo~m, d~scharge, exec~te, ef'ett, compiete, compiy with and ab~de by each and every ihe atipulations, agreements,
.ondrt~ons and covenan~s m~~~d promi;sory r.~te and th~s mcrtgage se~ fonh.
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9. Thaf in rhe ev~n~ rhe o~nnersh~n of the mo~rgaged premaes, or a~~y part tnereof, betomes vested in a person orlier than the MORTGAGOR, rne
V.DRJGAGff, ifs s~-_cessors ard asr~ns n,ay, w~~hour nor=ce to rne :~ORTGj+OR, deat w~th such wccefsor a s~ccessor in interest w~~h reference ro th~s
rt:o•tgage and the d_u~ hrreby sNc~red in the same manncr as yvith tdortyagor w;thovt in any way vqiating w d~xhargi~g fhe Mcrtgagocs' liability her~
~+:der or upon tAe debi i~ereby se:ured. No sj:e uf tt~e Fre~ +ses he~eby morfg;ged and no forbearance on the pari of the /lIORTGAvEE or its sucte:sars
er assigns and r.o exter•s~on ot the time fo~ tl;e payme~t oi the debn c~reb~ securzd given by the MORiGAGEE or fts suctessws o~ ass:gns, ai~all operate
, ro re!ease, d~s4harge, mcd~fy ci,ange or a~fect the orig,naf ?ia~li.ty of the MORfGAGOR here~n, either in whofe or in part.
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~ 10. It is sYec 4icai(y agreed thar flme is of the essence of th~s co:~rracr ard that no waiver of any ob3fgatlon hereunder or oi the obligation se-
~ cured hereby aha!~ at any tir.~e thereafter be he`.d to be a wai.er of the terms hereof w of the instrument srcured herby.
~ 11. In a~d ~lcn r~ th~ ioregc ng unth'y pa{m~nts of pnr,c pa4 and ir,r~resr requ~red 'ny tfie promtsscry no!e ictured here6~, mortgagor covenants
a~d agrees to pay ~o nw:tgagee nrth rec~, ~,~~•~~h'y ra~.. ent an add~nonaf s~m rsr n ared by mortgagee ro be equai ~0 1 12 ot thr annva! cost of tbe foUow-
~ ;ng: '
I A-All ~eai p.vpe•ty t3,es le:~e~ o. azsesscci ,ga~•~st the above dcxr~!;td r,al esrare. "
~ B Pr~n o r,s on ftre a~,o v;~nds~o•~n ~r-s~•ar-.cc as he~e'~n ~,~qv:.cd to be ca~-~ed o~ the :mproveme~ts sltuate c~ th. above d~scr;bed p~em~ses.
~ C-P~e~-.~un s an svch .ructg ~ge g~o•.;~:ty ;cwra~.;e as mo~~~agee sh,~~! Iro~n t me_ to suna deem f~t to carry on the loan securc-d i~e~eb~.
I Mortga ~ee sha•1 frcrn t~r~~F ~o time no+~fy monyago-~~ n wr~t~ng of the amo~~t due and payahle hereunder and such su.n shafl thereupon be due and
~ .~;ab!e on ?hr d.~e ci.~~A of t~e n•~at mo~:?F,:~ pay~~•~nt and~eath su:ccssive mon~h tne:eaft_•r unti! mortgagee shail not~fy mortgago~ oi a change in such
' • ov~t Such sur.,s sFa.i ~e ap~~;~_~•1 by n,or;yr~~:e ?or:ard~fne pa~ment of rea! prcperty taxes, insurance prem.ums, a,id rt:origage guaranty insurar.ce
~ crem~um3. ~ /
i
j IN Y~IiP~ESS ::H~REOF, the aa:d h'GRTGAGOR has~kcreunto set his har,d and seaf the d~y and ye fint aforesa'
i 1- S,ig-ned, Seated and de~~vered in the presence of: ~ .
~ ~ . " t~i J / / ~G°' 'b • (Sea!)
; - ~t rio Di Guis pi
' - t5eeq
~k C~f t •
E - ~ 'L L ($eal)
_ Rose Di G~iseppi ~~ai~
f , -
s
S ~ ATE OF FLORIDA ~
SS.
~OUNTY Of _ ~5.~..~~rl@ _ ~
! Mario Di Gliis i
Before me personatly appear~d and
< < Rose Di Guiseppi ,
~ _ his wife, to me wetl known and known to me to be
~ the indiiiduals desr.lbed in and who executed fhe foregoing instrumem, and acknowledged before me that they executed the same for the purposes
~ therein exp?essed. And the said_ ROSe CiLllSeppi '
± Nife of the sa~d Mario ~l CiUlSeppl _ upon a separate end private
i e•aminat;on by ;ne taKen separate and apart from her satd husband, acknow~edged to and before me that she executed said instruineret freeiy ar.d voturr
~ ta.~iy and w~rho~t any cdmpu;sion, constraint, apFr ~ns: n, or fear of or from her said husband. j
WITNE55 my hand and offic~al seal this_ ~4~___~__ da o a A. D. 19~4
/ ~ ~ ~1'~'[-.
/ 1 Notary Pubfic in a~d ior t State o orida at Large
Rerum To: My Comm~ss~o~ eapires: ~
~j
~ Fint Federal Savings 3 loan Asscciat.on f!~y LY~~ ~,E ~"•R9~9 * I
~ ::~rt st ~fJr'i L.ri~t~~~Yli~-
~ . y' _ /
eors F~eref~. FI.,,~ja k.~~r. . i+•RAS v
- ~L~~+• tIT COUR~ ` " , .
i ~ff ~s~: . . ~ r' ,
~ • ~
T • ~ ~ .
This Insirument Pre ared B b 1D ~3 AK ~ e ~ _ : y ! ~ •
~ ? -
P Y John W. Collin~ . . a~~ _
` First Federal Savings 8~ Loan Association : _
i of Fort Pierce , Florida ~^~~n ~~J$ L 1 C .'~f
i 2j ~S ;
, G, ,
Checked ey ~ ;
~i, . ~ 5; ~
~ Q
BGON 223 oAcE i742 ~