HomeMy WebLinkAbout2496 3. To placa a~~d cont~nuu~sly keep on ~hP bu~::iu~gs nuw or hrrra~~er s~iuaro on t.,~d ~and and un olt ~q,,fy~,~~n~ sr.d personally co~e~ed by this n;or~g-
ege, Wilh all pren~~u~ns thrreOn Fa~t) in full, hr~ ir.ivten~~ .n Ihe us~a( Stai~erd µp?~Cy ~ot~n, in a tu~rt d~.pruvcd by !h~ M:JR~C,%,C~iEE, anc~ w~ndetu~m
lnxurance in Md ~s~al s~.~nJ.,.d pot:cy fu~~n, ~n a wm arµrorrd by ihe h10RiGAGEE, in such co~~~Neny cr Cwnpaniei as ihe MORIGAGEE may
d~retl; snd all iiro a~~d w:wJswrm insw.ance poGUCS on any o( sa~d b~~id ~gs, any intr~rst ~hr~ein or part thcrrof, in the ayyrryate su~n afo~esa~d w
in excess therepi, shaH conr„in the usual sr~ zdard ~no~ry~gee urusa or such othrr clav~e aa the Moi~yayee may rrqu~re, mel~~x~ ihr ~oss ~nJr~ s.~~d po:i-
c~es, each and ~vrry, payable ~o so~d A1JRIGAGEE as ~ts ~n~~rcat msy appear, ard each and e.cry such po:~c~ ~f~oll br promyuy ass y~~rJ a~~d dei~va~~d ~o
eny held by sa~d 'dOR]GAGEE as turthrr aecur(ty to sa:J ~~~o:tyeye d~ut, a~+d, not less than ten (lUi d~r: bi ad~~nce of tha expu~t~on oS eech pohcy, to de-
Iwrr to sa~d A\ORTGAGEE a renewol the~<of, loy~thr~ aith a rece~pl fo~ tltt prrmwm of such ~enewal; a~~d thcre s~wil ba no f~re or ~vii~dsto~m insvronte
placed on a~y oi sadd 6vi!d~n9s, any in~crest therrm w pa~t ~hhreef, un!ess in ihe form and w~ih the loss pay~bfe as aiore~eid; and in rhe eveM an~ sum
uf mo~2y beCOme~ payabie unJir such polity or poLc~es ~a;d MURiGAGEE sh~ll have ~hr opT~on to rec~•+ve and apNly the sen~e on a:cou:~l of ~F~e 6~drbt~d•
nena secured haraby or to pe~mit sa~d MORTGAGORS lo rccr~va and use it or any part ~?w.«o1 tor oan~•r F,,,~~.;,S~s, .•.:~h;,,t ih w~~.~.~3 cr p~u-
i~g any Qqu~ry, 6~n or r~9ht under or by virrue of this mo:tgage; ancl in ~he event sa:d MORTGAGOAS shall for any reason fail ro keep the sa~d p~e~nfses so
~r,iurrd, or fail to de!ivar promptly any of sa~d poi~ci~s of inw~an~e to sa:d MORiGAGEE, or iail promptly to pay f~;:y any prEnuwn therrfo~ o~ in any
reepect lail ro perform, d~sch,rge, exrcura, e!fect, co:npieta, c~:npty wi~h and ab~de by th~s covenaro, w any peit hareof, sa~d MGRTGAGEE may piace a~~d
psy (a such insur.~nce or any part ~hrreof w,~hout xarving a atfec~ing any op~~on, I~en, equ~ty, o~ ~~ght undrr w by vinue of this Mortgage, and 1F+e
f„II amoun~ oF each and every such payrr~~ro sha}I be imnudiately due and payable and shaN bear interest Irom the date thereof unril p,;~d at the raie ol
~~~~e per cenr~m per annuin and to~rthrr .vth such :ntr~cst sha~~ !~e s~•t~red by Ihe l+en Of th;s mortgagt.
1. io permit, commit ot suffer no wesie, i~~pairment or defrnoration of said property or any part thereof.
5. To pay ail and sing~!ar the cos~s, charget and expe~ses, includmg a reaso~abte attuney's fee and cosls of abstracts of tit~e, inwned or paid at
any time 6y sa~d AM1ORTGAG;E, because or in the event of thc fa,lure on ~he pan oi thc sa~d MORTGAGOR ~o duly, prwnpUy and futly p~~form, d~scharge.
_..~~cute, e(fect, comptere, co:np;y w,th and ab.de by eath and every tl~e stip~lat~ons, agreements, conditions, and covenants of said piom~:sory note a~~d ~h~s
-:orrgage any or ei~he~, and sa•d coirs, charges and eapenses, each and every, shall be immediately due and payab;e; whe~her w not there be nonce d~
mand, attempt ro co~lect or suit pend,ng; aod the futl a~nount o/ each and evrry svth payment shull t~ea. ime~es~ from the dat~ the~eof until paid at ~he
r re of n„re µer cantum yr~ am~um; aix: aii sa~d iosts, charges and expanses ~ncurred w pa~d, togzther w~th such imerest, shall be secured by the Gen o1 th~s-
mo~egage. ~
6. Tha~ (a) in thr event of any breach of th~s Mo*tgaga or defautt o~ thr part o( the MORTGAGpR, or ~b) in the event any of satd sums of money i
h•>>ein referrrd ~o be not pro~npHy and (vlly paid w~:hin th:rty (30) daya ~~exi a~rer ~he smne severa!1y become due and payable, without demand o+ notice,
or (c) in the event each and e~ery ~t,e stipufations, agrerments, condiv~o~~s and covenants of sa•d promissory notr and th~s mortgage any or either are not
i~ty, promptty and t~+.ly perforrned, dsci~aig_d, executed, effccted, comp;eted, compGed wnh and ab;ded 5y, then in elfher or any svch event the sa~d ag-
~~~~gate s~m mentionnJ in said prOmissoty oote ?he~ rema~ning vnpo~d, with interest atu~ed, and ali mon.:ys sewred hereby, shatl become due and pay-
n~'c forthw~th, or thereafter, at the op+~on of sa~d MORTGAGEE, as tulty and comptetely as if s? o! rhe said s~ms of money we~e onginaUy st~pulated
!o Ge pa:d o~ such d.:y, anything irt sa.d prom~sswy note or in this Moctgage to Ihe co~trary not~v~th3ta~~d~ng; and tiiereupon p thereaftet at the ophon of
s> d MORTGAGEE, without not~ce or drmand, sun a1 law or in equiry, there(ore or 1F~ereahrr begur., may be prosecuted as if ali moneys setured hereby
n~d maW~ed pnw to its ir~shtution.
7. That in the event that at ~he heginn:ng of or at any t~me peod~ru~ any wit upon this Idorfgage, w to fweclose it, or to feform it, or to enforre
~~a,ymeM of any ci,~~.r.s he~eunder, said A~ORTGAGEE shall apply to the Court having jurisd.ction ihereot for thz appomt~nent of a Receiver, wch Covrf shail
t; ~~hwirh appo~nt a rece:ver of said mo~rgaged proprrty ali'and siny~;ar, ;nci„d.ng aU and amgular tl~e income, prof~is, issues and revrnues from whatever
s_vrce der~ved, each and every of wh:ch, ~i be~ng expressty ~nderstood, is he~eby mortgaged as if speuflcally set Eo~th and descnbrd in the granring and
h.~bend~m c!a~ses her~~of, and such Receiver shaii have ail the broad and eifec+ive tunu,ons and powers in anyw~se ent~usted by a Coun to a Receiver, and
s_:h appoinrment ahall be made by such Cour~ as an ad+i,tt~d eGu~ty and a matter oi absolure right to sa~d MORTGAGEE, and wifhout reierence to the
~~ieq:,~cy or inadeqvacy of the vaive of the property mortgaged or to the sotvency w insolvency of sa~d MORTGAGOR or the de~e:adants, and that such
r.r,rs, proF~rs, income, issues and revenues shai7 be app;~ed by such Recr~ver atcord~r.g to the lien a equity of said MORTGAGEE and the practice of such
Court.
8. To duty, prompr;y and fully perform, dis:harqe, execute, effect, comp°e~e, cornply with and abide by each and every the stipu~ations, agreements,
.ond~f~ons and covenams ~n s.~~d promissory r.ote and rh:s merrqaye set forth.
9_ Ihat in thc evnnt the owoenhip of the mo»gaged prem,ses, or any pa~t the+eof, bccornes vested in a perwn othe~ than the MORTGAGOR, the -
.''~RTGAGEE, iri successors and ass~g~s, may, w::hour ncnce to rhe AtORiGAOR, deat w~th such wccessor o~ successor io inrerest with referenze ~o this
~ o~rgage and the d_ot hereby secvred in tue same mann•~f as w:fh ~tert~ago~ w~rhavt in any way vitiating or d+scha~gin~ tbe ldortgagors' liability her~
:.~•drr or opon the debt hereu~ secured. No sa:e oi the Fremises hirrni r.,ortgaged acd no forbearance oe the part of the IAORTGAGEE or its successors
c~ ass~gns and no extersroo of thc- n~ne fo, the payment of t~e deb~ h~:~ci~y sewred g~ven by the 1dORTGAGEE or irs wccessws or assigns, a~-~all operate
ro re~ease, d~stharge, modify change or affec? tbe or~g~nal Geb:iity of the MORTGAGOR herein, either in whole or in part.
10. It is speufically agrec-d that time is of the esser.ce of thi= conrratt and that no rvaiver of any obligat~on hereunder or of the obligation se~ $
c~;~ed hereby shal~ at ar.y t~me thrreafter tx he:d to be a v+a~~~r of the terms hereof or of the instrument secured herby.
1 I. M:,dd tio~i •o ih~ ?o~egd~~g month!y payn,~_nts ot p~i~:t pal aRd inseresr required by the promfsscry nore secured hereb~, mortgago: eovenants -
d agrees to ;;ay to n;o-tg:~qee .n~:h each r.,.nth y j;,ay~ .Ent an eJd ~;ona! s~m eai:n ated by mo:tgagee 1o be equal to 1, 12 of the annual cost of !he foliow-
A-A11 reai prope~tt fa,~es lev,e~ o~ assessed ayii•,st the above descri~,.d real estate_
8 F~~~rr~~•ns o~ f~.~ ar.d .~~ndsto~:n ~nsurar~e az i;~~re;n rc~q~:red ta be :arn~~d en tne ~mrrovements s~tuafe on th~ abcvc desc~ibed premises_
C-Pra+n~U;~s o:~ wch mor:~,ge g~aranty ~r.w~a~.ce as mo~tgagee sf,all frc.n t.m.e to t;me deem iit to carry on the loan secured hereby.
Mortgagre s^:+ ! frem t~me to t:e~e nct~fy n:crr.~.;ger ~n Nr~t~ng of the a~r.ou•it d~e and payable hereundrr and such ;u:n sha!I thereupon be due and
.;.~b;e on ~he d~e daf.~ oi ~he n~xt month:y pay~~,vn~ a:~d e~ch success~re mo~~~h shereafter ~raii mertgagee shatl nonfy mortgagor of a char.ge in such
~unt. Su~h su:ns sFa;~ be app,icd 'oy merfgac.,e so1~.erd the paym2nt ~4 reaf propeny taxes, insurance prem.vms, and mortgage g~aranty insurance
r:rtumS.
IN ~~ITPJESS '.'+HEREOf, the sa~d h10R:GAGOR has hereunto set h~s har.d and seat the day and ear 'rst a resaid
i ned, Sealed and drliver~ in the presence of: .
- - n i
~.c~n 0 p t~ C~a -
(Sesq
~ / 8Y1 . OID1C ~~a~~
U-' - - ~ a~.~. ~s~a~~
~ Theresa ?omica
- - csea~)
S'~,TE OF F~ORIDA 1
St. Lucie j u-
. :J!JTY OF _ ~ _ -
Before me personalfy appeared Kaf 1 r. TOID1Ca . a~
Theresa Tomica ' ~ ~ • -
- his wife, to me well I~no'wn and knQv,rA to ms to be
rh_ ind~viduai~ describ=d in and who executed the foregoing ins ment, and a know'ed ed before me that the exec
~eresa '~'omica y ~ewJe .foi')E~e purposes
rh^_rein expressed. And the sa~d_ -
.v:fe of th? said Kal l T. TOD12C8 vpon a sapalat~ 1nd private
:~s^dnarlon by me ta4en separate-and apa.t f~om her said husband, acknowledged to and before me that she execufed tAi~}isjrument fCecly~nd volun-
'a-~;y and vi:thout any compu;sion, constraint, apprehens~:o.n~, lo~~fear of or fr~m her said husband.
WITNESS my hand a~d off~c~al seal th:s_ . _L_s{~Al l_ day of 1Narch c: ' ~~~~`D. 19
~ ^ 74
. , :
. ? 1,.
Notary Pubtic in and for the S of { a~a't large
My Comm~ssion expires: • • • ~ ~ '
Return To:
F~rst Federal Savings a loan Associat~on
oF :o-r P.~ ~ce. NOTARY PUBLIC~ STATE O! RORIDA ~tt LAR6E
For. P~_•rce, F~o~~d.j MY COMMISSION D(PIRES SEPT. 25. 197S
Bwided 8p America~ Banken Insurana Co.
7his Instrument Prepared By J. H. Roberts, Jr. F~~ E~; _•-~~•:~OEO
First Federal Savings 8 Loan Association St. tU~r. ;~~.jhTY FLA.
of Fort Pierte Floiida ~`~''r ' "p~S
• CIE~R f~t- ~,~URT <<
_ c~r!.-° ~•„~:;r;.~
Checked By
" f' 224 f ~1~F 2495 M~ ~ 3~ 4o AM ' 7~
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