HomeMy WebLinkAbout0605 To plate and coniinuously teep on the bui:d~ngs r.ow a hcreaftcr ~itwt~ a+ sa~d land o+d o*+ at: rq~~~•xnt and pc~s~+a=~y cotie.ed 'oy ~~~f ~+orrq~
~g~. wifh premiumt iherea+ pa~d iA lu{{, (~re insurance ~n tM utwl s:anda:d po'~tY ~am. r+ a s.~+~+ tpp~o~ed ~r r~e ~+Q:~+^~EE. r• d v`.~xia~wm 't
iruuranc~ in 1M ~sval t~andard policy fwm, in a sum approved by the MORTGAGEE, in such companY w co~`y'»^~~s +s t~,e M021GAGzE ~+ay
direct; and all iire and w~nds~orm insurance pol~uei on any ot saed bv~W.nys, any aus~est +he~e:~+ o~ p+~~ tfx*eo+. w+ the +99~z9~T~ s++m aiaesad w
In ~xceu Ihereof, ahall contain ths usual 3tandard mw~gagea clause a such oihn c~+~-sa ~s tl+e Mwtpagse may flQJll. nu~:ny rne +ou vndr* si~d poEi
ties, euh and every, payable ~o ia~d MORTGAGEE as ~ts interest rt+~y app~w, and exh and every wcfi po ~ci sh+t~ b~ N~D~~Y 9' ~+rd de.~Yrred ro
~ny he~d by ~aid MORIGAGEE as (urther secv~ity to sa~d mortyage dcbt, and, nd ku than tee t10) days in ad.a~+ce of ti.e e.p+raton oi each po:.cy, to dr
iivar to sa~d MORTGAGEE a renewal thereof, eope~her with a receipt fw tl+e p.eauum of wch renewal; ar+d ihcve ~ha:j be !w fae w v..~dsrc{m ~ns„rance
plKed on sny o( said buildi~gs, any interest there~n w p~rt fl+creof, un~cs: in the fwm and w~~h t1+e .'oss p+vaiYC u a`•ores+d; a^d in the e.e^t a^y sw^
of mo~ey bccomes payable under such policy or pol~cies said MORiGAGEE shafl have ilr opt:w~ ro~ecr+re s-~d app1~ rhe a+TS a+ +~r,a„v of rt~e indrotr~
nau secu~ed hereby o? ro permi~ sa;d MORTGAGORS to rcceive and use it or so~ pa.t ihereof for e:r.o. FLr;osrs, x=~•• °"a"'' '
inp ~ny eqv~ty, lien or r~ght under or by virtue of this mo:tgage; and in tM eve~+t sa:d MORTC,AGO~S sha!I for any reason fa:l to kecp ~he sa:d p.ema_s so
insured, or fail to deliver promptly any of said policiea of insurance ro sa~d AAORTGAGEE, or f~,! prw-.p:ty fo pay iu:1y anr pre rt~..'~ ~~erefp w in a~~ •
respect fail ro per(orm, dncharge, exrcute, e(fect, complete, comply v~~irh and ab~de by tl+is cwe~ar+~. o~ My T~~ ~+~f, sa,~ AFGitSGaGEE ~*+ay p:xe a~d .
pay ta such insuroncs or a~y parl thereof withaut waiving w affectinq s~y option, lien, eqv:ty. o* r.gM v+de~ a b~ n.tu~ of Th:s N.atgege, and she
full amounl of each a~d every such payment sMll be immediatety due and payable and sha11 D~w inrcrest from rhe da~e rekreof unr~l Fa~d at the ro~e of
nine pe~ centum per annum and togeiher w~ith sxh interest shaU b~ secured by the IKn of tlws mortQage.
To permit, tommit a wHer no waste, impairmeM o~ deterioration of said prope~t~/ or +~y pu1 therecf.
5. To pay all and sinqular the costs, charges a~d exp~nses, includ~ng a reasonsi~k atton+er's fee a.~d co:rs o1 +?,saacts oi rit'e, Cr+cur.ed or Fa~d
any time by sa~d MORTGAGfE, becauu w in the eveM of the fa;lure on the pa?~ o( the sa~d N1pRiGPGOIt ro d+.:y, p+o~p*=r +nd f~~'Y Fe~f«~n, d.une+gt
exaute, efFect, complete, comp~y with and ab;de by each and every the st~pulatwna, ag~eerne+~ls. cond~t~ons, ind mmtia++n oi sa.d prom;ssory nosc a~+d ~h:~
morlga9e any w either. and said cosh, charges and e:penses. each and every. sh~il be ii.Yned.atelp dx and para~e: ahcehe. w r+ot eArre be not~ce d~
mand, attempt to rnI1M w wit perid~ng; and Ihe full amount of e+ch and rrery sucA p~Yme.+~ shat; bcu imeresr fran ihe da~e rl+e.cof unr:t pa.d at the
rate of nine per centum per an~wm; and afl said costs, charges and expenses ;ncurred or pa~d, together w~sh wch .rstdeu, shail be src~rcd by the l~en of tny
matyaye.
6. That (s) in the event of any breach of this Mortgage w default on the paA of tfie AftORTGAGOR, w b) ;n the eve~+t any of u:d wma of money
hertin referred to be not promptly •nd fully paid w+thin thirty (30) days nex~ aiter the same severa~l~ become due snd pa/a5!e, witAOU~ dt~*+a:~d a noi~ce,
or (c) in the event each arx! every the stipulatians. agrerments, cond~ra~s and co~er+anb d sa.d pro+n+ssuY ~.ote and c#w r-wrtgage any a e~rhrr are na
~uly. promptly and fully performed, d:scharged. eaecuted. effected, comp'.eted, compiied v~~:h and ab.3ed 5y. then ~n e.tl+er or u+y svch e~t ~?ie s+.d +4
gregaro sum men?aned in said promissory note then ranaining unpaid, w~th inte~est acu~ed, a++d a!i a~w~cys seaxed he*eby, shail becvme d~x and pay-
able fathwith, w thereafter, at the oprion of said MORiGAGEf. as fulty and complasely as if ~f: of N+e srid su~m of moner we*e o~~~+attY ae~P~iared
ro be paid on such day, a~ything in wid promissory note or in this Mafgaye to the contruy not«.ihsu:~d.c+~; ar+d thereupon ar thereafrer ~t rhe opnon of
seid MORTGAGEE, without notice w demand, suit at law w in equity, tfierefwe~o~ thncafier begun, may be prosecuud as if all a+onells secu*ed he~eby
had matueed pnor to ~ts instit~rtion.
7. That in the event that ~t the beginn~rg of or ~t any time pcndirg any suit upon th;s Ntortgage, or b forecfose ir, oi to reforn+ it, ar to enfwce
payment of any claims hereu~der, uid MORTGAGfE shall appfy to the Court having wr:sdxr:on thereo4 fo. ihe appanrn+n+t of a itece.+re*, suc1~ Cowt s1wil
Forthwith appoinf a receiver of said mwtgaged property all and singulaa, inclvd~ng atl and sir+gu~x rhe iacome. proi.ts. ~u.,es ud revcnues from whateya
source derived, each and every of whlch, it being e:pressly unders~ood, ia hercby morrgaged as if s~c:fr.a:ty set iorsh and desca~bed in the g~as+t:.~g and
habendum clsuses hereof, and such Receiver sha11 have all the broad ar,d efieai~e furxt.ons ux! povre~s in aay,.rcse e++tr.~ued by a Cavh to a Rccaives, a.~d
wch appoi~tment shall be made by such Court as an admitted equity and a mattcr of abso~u~e ngM w sa:d 11ROQTGl.GEE, and w~rbcvt reference to the
adeqvacy or inadeqwcy of the ralue of the property~anongayed w a the so+vency a:nso4verrcy of sa+d M.OAiGAGOtt ar the defMdanrs, and that s~.ch
rents, profits, income, iuues and revenues shall be applied by such Rece~ver accord~ng ~o the l~en « eQ:,~ry ot sa;d JY1QitiGAGfE and the pxt~ce of wch
CouA.
8. To dufy, promptly and fully perfwm, dxharge, execute, effect, compleu, comp~y with ard abide by esc)~ and eve*Y the st~pu3arions, agreernents,
condltions and covensnts ~n sad promissay nofe and th~s morigage xt forth.
9. That in the event the ownership of the mortgaged prem~ses, or sny psn t}~reof, becw++es vesied in a person ather Hw+ tl+e A~tOQTGAGpR, the
IJIORTGAGEE, its s~ccessors and assigna, may, wirhout notite to the AM1ORTGAOR, de~l wnh such wctessw o~ wccessw ~n ~nseres~ wi*h ~cfcrence to th:s
matgage and the debt hereby secured in the same manner as with Mortgagw w~rhout in sny way vit:ati~g or d:sctwg*n9 the Mutgagors fiab+hty F+crr
under w upon the debt hereby secwed_ No sale of the Fremises hereby rno?tgaged sr+d no fo.bearar~ o~ the pan of rhe MORIGAG~E a its wccesw~s
w assigns and r.o extension of the time for the paymem of the deb~ hereby secured g~ven bp the /AORiGACfE or its srctcuws or ass~gro, ~iiai{ operate
ro release, d~scharge, modify change or afiect .he orginal liab~iiry of the N10RTGAGOR he+e~, either ~ v.hole w in part_
10. It is specitically ag~eed that time is of the essence of this contract arK! that no waiver of anr ob-yat~on hsreurxie+ w oi the ob:igatiw~ sr
cured hereby shall at any time thereafter be held to be a waiver of the terms F+ereo4 a of the ~nsrrvmens securcd hnby.
11. In add~tion to the forego'rx~ monthly paymenta of princpal and imere~t requ~red by the promase+y rw•e sxucd he=ecf. mutga~r covenanh
a~d agrees to pay to mo~tgagee with each momhiy payrnent an add~r~onal wm es~~n~.ated by mortgagee *0 6e equa~ w 1, i2 of :~r +nnual cost of the foliow-
ing: ~
A-All rea! property taxes lev~ed or assessed egai~st the above desv~~d reai estate.
B-Prem~ums on fire artd windstorm insuracce as here~n ~equ:red to be carried o~ tioe ~m,::roveme~*s s:uatr on t~ above de<_c:ted prer.~:ses.
C-Premiums on such mwtgage guaranty ir.surar~ce as mortgagee sha:l frcrr: f:rne to t~•nz deem f~ to ca.ry on the Soan secLTed herebr.
~ Mortgagee shall from time to time notify mortyagcr i~ writing of the a~sou~t dse and payab~e hc+evr+d..*r ar+d sucfi sv~+ sh3i~ thrrevpon be due ared
Fayable on the due date of rhe next month';y paymero and each succe:s~ve month rherenfier u~,ti7 mortg~ee ska!1 no~:fy r,orsgago~ cf a change in svch
f amounf. Such sums sFail be app~~ed by mo~tgagee tovvard the payment of real prapert~ sa:es, iruura:xe pre•^•~.v~s. a-~d rr.art3ege gua~a~ty ~nsurance
premiums.
IN WITNE55 WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and ye esaed-
nedf Sealed and delivered in the presence of:
C`~i~~•l~t, Q~[,.c.~ n
P ~ ' cJc R n
aq
- 1 q
STATE OF FLORIDA ~
ST . L~IC I E ~
COUNTY OF
Before me personally appeared Patriek Rooolino - ~a
J~ys:e Ro9olino t;a w,:r~. to M wef~ ?~ow++ a+~d tna«*+ ~o +o be
the individuels described in and who e:ecuted tF?e fwegoing insfrument, ard ackrwwfed~ed before me that they exec~ted ti,e same for tF+e p~wpose~
the?ein expressed. And the taid JOyCe ROQOIlAO
wife of the said Patziek Rogolino ~ a separate a~d private
examinat~on by me taken separate and apart from her said husband, ackrwwtedged ro and before me tt~t she eaecu*ed sa;d aurru.nent freely and voiu~r
tarily and without any comp~lsion, constraint, apprehens~on, or fea~ of or from her said husband.
~ WITNESS my hand and official seal this 12th day of A rli Il D• 1914_
~
- Nasry Pvb~.c ;n Eor she te of Flor~da at luge
~ Mr _ G~ / 9 7 ~
Re+urn To:
Firit Federal Savings d~ loan Associat:on •
~
Of fort P:erce.
Fort Pierce. Fbrida .
. . fILEO Iu10 El'_COit0E0
- - ~ St_ LlIC1E COUMTI FL~
- . ~~ER ,y~TA~S
C~ER~c CR
f f ~~~~T
~ : ~ . - .
~ This Instrument Prepared By John W. Collins , ~ct4R''?E
First Federal Savings 8~ loan Association _
of-Fort Pierce , Rlorida - f,"r~ ` 9 0~
Checked By '
2:'9
;~:3
~ oa ^ ~ ~
~ eooK 226 ~a~E bd5 . _
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