HomeMy WebLinkAbout0993 To plec~ ~nd conH~uously ke~p on th~ buildir?ys now w h~r~aft~r ~itwt~ on wid Iand and on ~II equipm~~t u+d p~~~onaily covend by this mwty~ '
p~, wUh ~11 prwmiumt thereon p+id in full, fire ini~ranc~ ~M utwl s~anda~d policy fam, in •~wn ap{xoved by tha MORTGAGEE. and wind~~wm i
Inswana in th~ vwal it~ndard policp fam, in ~ iwn approv~d by th~ MORTGAGEE. i~ such comp+nY a con+Wnin +s tl?~ MORTGAGEE may
du~ctj ~nd afl fln and wirdsform i~~ranc~ po~icies on ~ny of wid buiWinyt, ~ny lntuaf thers&~ w pa?t the+wf, i~ tM +pyre9N~ swn ~for~s~id a
1~ ~xc~st IhKeoi. ~hall conlain th~ ~sval ~t~nd~rd mwt ciaus~ w such othsr tlaus~ a tFw Matya~N rt?~y rpuK~, ri~akk+p IM ba ~~der ta~d po14
ci~s, ~ad~ ~nd ~wry. paYabl~ to s+id MORTGAGEE ~s ib~in~ t may app~ar. ~~d each u+d twry ~ud+ po1kY d++tl L» promptiy u~.pned +++d deliwred ~o *
~ny h~W by saW MORTGAGEE ~s turther sccurity ~o saW mo.rya~ d~W, and, oot bu tMn tu? p0~ d~ys in ~dv+na of tM ~xpkation oi exh policy, to dr .
liwt lo taid MORTGAGEE a r~w~l tMr~of. Iope~Aa with a recaipt fw th~ prem~wn of wd~ r~n~w~l~ and thtr~ ~hall b~ no fir~ w windstorm inavr~nc~ ,
pl~ad a+ any of ~a:d bvildinps, ~ny ~int~rkt fM~ein oa part thsrwf, vnl~a ie tM fa~n ~nd with ~iw loas paYabl~ ~s a(wsuldt ~ t~ ~~?t a~y sw~n
of ma+~y buornes payabl~ uoder such policy a policiea s~id MORTGAGEE ihall haw ~M option ro r~ceiw ~nd ~pply ths san+~ on accovnt of tM indebted- ;
n.ss i.cur~d i+K•by a ro permi~ s+id MORTGAGORS ro?eceive and us~ h q sny pa~t Ihtreof ta other purposct, withoul thereb~ waivi~.g or e»pair- i
tnq ~ny pvity, lie~ a ri9ht w~ds~ or by vlrtu~ of thN morr~~: a~d in tM ~vtm w~d MORTGAGORS thall for ~ny r~+son f~N 1o k~ep ~M s~id Premiies so
iniw~d. a f~tl ro d~live~ promptly any of said policiss of irowanos to said MORTGAGEE, w tail prompNy to paY fulty any p~a+nium the~efw. a i++ any ~
nsp~ct fail b p~rform, discnuge. ~x+cvt~, ~ffect. oompl~t~. oomplY with and ab+d~ by thia coven+nt, OI My ~N1 FINlOf, said MORTGAGEE ~nay place and ~ !
paY fa such inwranc~ w ~ny put thsnof without w~ivirq a ~ffxtinp ~nr option, lier~, p~ity. or ripht u~ a by vtrtw of thFs Mwrpa~t, and tM
fult art~o~?nt of tach and wsry wch paymMt ihall be immediattly dw and pryabb and sh~ll bea~ i~ter~s~ from tlw dats therwf until paid ~t tM raq o1 : ~
nir» p~r contum p~r annum and togethe+ with wd~ Intaesr ih~ll be secured by tM li~n of thii morrpag~.
To pumit, oommit or sufiar no wast~. knpairmant w dete~ior~tion of s~id propKty a a~y p+~f therwf. ~ ~
S. To pay ~II ~nd sinpula tM toits, chuyes ~~d exps~ses, incl~dinp a reasonable attaney i fss u~d oosri of abstracts of titl~, incurred w psid a~ ~
any time by said MORTGAGEE, becsus~ a in tlw av~nt of ths fait~ro on tM p+N of tM sald MORTGAGOR ro duly, promprly +nd fv~~Y P«ta^ti d'~~9~ ~
execut~, effect, complate, comply with and. ~bide by ~+ch and svsry ths stip~lations, ayre~menp. ca+ditiau, ~ed oov~n+nts of said prcmissory not~ and ~his j
mwtyp~ ~ny a ei~he~. ~nd ssld costs, chuyes ~nd ~speiaes, e+ch and every. sMll b~ immediatety due ~nd p+yable: wMtM? w not there be norice d~ t
msnd, at~~pt to coll~d a wit p~nding; and tM ful! amov~t of each ~nd every sud~ P+Yme^t ah~ll b~a~ k?teral from th~ d+q th~reof vntil paid ~t ti+~ }
rate of nine per ccmum per ~nnum; and aH said cost~, cMr~es and expenses incurred or paid, togethe? with suth iMSreat, shall bs secured by th~ lian of thit ~
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Q. TMt i~ the eve~t of ~ny brexh of this Mort9ag~ or defavl~ on the part oi the MORTGAGOR, a(b) 1n fM rnent ~ny of sssd sums of money
herein nfe?r~d to be not p~o:nptly ~nd fvlly p~W within lhirty (30) days next ~iter tM iarn~ s~vsralty becane dw and payabls, witheut dsmand w notice.
or (c~ in the event each u+d every fhe stipvlations, +9rseR?enri. cw~difio~s ar.d coven+nn of ss~d promissory not~ and th~s mortp+qe any o~ eitMr are rwt
~uly, promptly and fully perfwm~d, discharged, executed, ef(ected, completed, complied with ~nd abided by, tMn in either w sny such ~vent the said ag ~
yregat~ tum mentioned in uid p?omiswry nW~ tixn remsini~p ~npaid, with iMertst ~cu~ed. and alt mo~eys sacwed hgreby. iMtl betome dw and P+Y-
able fwthwith, or thereaha, at the optan of said AAORTGAGEE, as tully and comptctely ~s i! s~l of tl+e said wms of mor~y we~e o~igin+lly stip~tated ~
to be psid on i~ch day, anylhiny in said promiuwy aote w in this Mwtyaye to the contr~ry notwithstsndiny: +nd thereupon a thereafter at the option of
said MORTGAGEE, without notice w denwnd, wit ~t Iaw or i~ puity, therefo~e or the~eafter begun, m+y be prosecvted as if ~11 moneys securad hereby
had matwsd prar to its insfitutioe. ~
7. TMt in. tl+e evenf thst at the beginning of or at any time pendinp any wit upo~ this Matgage. a to fwaclose it, or ro reform it, a to enfwce
payment of a~y daims he~eu~r, said 1NORiGAGEE sF~all apply to the Cowt having 1u~isdiction ?hereof fw the ~ppoi++tmenf of a Receive~, such Courf sFwll
Farhwith ~ppoiM a receiver of said mwtg~ged {xope~ty all and si~gular, k+clud~ng aU ~nd singulu the incort~e profin, issws and revenues from whateve~
wurp derived. eath u~d every of which, it bcinp expressly understood, is hereby rtwrtgaged as if specifitally sRt forth ~nd dewibed i~ the pr~minp and
habendwn da~nes hereof, and such Receiva~ shsll Mw all the broad uid effective funcua.s.and powers in +r~ywise emrusted by ~ Court to a Receiver, end
:~ch appointment shalt be rnade by such Court ai an sdmitted oqvity ~?d a matta of ~bsotute right w said MORn'sAGEE, u~d withoul reftrei~ce to the
adequacy or inadequacy of the wlve of the property matyayed or to the sohrenty or insofv~ncy "of said MORiGAGOR a the defendants, arxl Ihat suth ~
rents, profin, income, isaves and nve~wes shall be applied by.such Receiver accwd~ng ~o the lien w eqvity of said MORTGAGEE and the practics of such
CouA.
8. To dvly, pron?Ptly and fully pafwm, dixh~rge, execvte, effect. complete, complY with and ~bids by exh aod wery the st~pulatwro, agreements,
c«xlitans and covcnants i~ said promissory oote and this mortgage sN torth.
9. Thst in the event the ownershlp of the mortgaged premises, or any put thereof, becornes vssted in a penon other than the MORTGAGOR, tFr
MORTGAGEE, i» svcceuws ar~d su~gro, may, without no~ice ~o the MORTGAOR, deal with such successor w successor in intcrea with reference fo this }
mortysye and the debl htreby setured in tht same rnamer as with Nbrtgagor without in any way vitiatirg or distharging the Mwtgagors' liabiiity h~a ~
under or. upon the debt hereby s-cvred. No sale of the premises F~ereby mortga9ed and oo forbearance on th~ pan of the MORiGAGEE or its svccessors
or auigns and no extension oi the time for the psyment of the debt hereby sccured given by tM MORiGAGEE w its successors a assigns, .ha~~ operate i
to releaae, di~ch~r~e, modify thang~ or affect th~ original liability of the N10RTGAGOR lweio, either in whob w in put. - !
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10. It b specifkally agreed that fime a of ths essenca of this connect and that no waiver of sny obliystan hereunder w of the obllgstion se-
cured hereby shall at any time thereaher be held to be a waive? of the terms hereof or of the iratrument saa?red herby. f
lt. In add~tion ro the fo~eyo:ng monthly payments of princ:pa! end interesl required by the promissory rate setured hereby, mottgagar tovenants
and agrees to pay to mortgagee with each mon+hiy payment an add~rional sum estimated by mortgagee to be equal to 1/12 of the annual cost of the follow-
ing: ~
A-All real property taxes kvied or assessed against tlx above described ~esl estate.
B-Premittms on fire a~d windstorm insurance as herein requ~red to be carried on the improvemeots situate o~ t1~e sbove desuibed premises. j
C-P~cmiums on such mortgage gusr~nty insurance as mortgsgee shall from t~me to time deem fit to carry on the (wn secu~ed 1r_reby.
Mortgagee sh~ll from time t~ time notify mo~tgagor tn writing of the amouM due and payable hereunder and ~uch wm shall therevpon be due and
! payable o~ the dve date of the next monthly. payment and exh successive month thercafie~ until mortgsgee shsll ratify mortgagor of a change in such
E amo~nt. Such sums shal! be applied by mwtgagec ~oward the paymmt of real property taxes, insurance p~em~ums, and mortgage guuanty inwrai~ce
! premiums.
~ IN WITNESS WHEREOFr the ssid AAORTGAGOR has hereu~to ser his Fwnd and seal the day and yeu first sfwessid.
Sipoed. S~akd and delivered in the presente of: ~~~w~~.t.teri-- ~ ;
am'-E: Feins cse.n
. h
- n
, ' essie einstein ~ ~
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STA1E Of FtORIDA ~ ~
55.
couNn oF St LLC~ e ,
~~ae ~,~,,,~iY William E. Feinstein .~a
Jessie Feinstein his wife, to me well krawn arx! known to me to be
the individ~als described i~ ~nd who ~xecuted the foregoirg instrurnent, snd adcnowledped before me that they exncuted the same for ths purposes
therein expressed. And the tad ~T~aqi e Feinste ~ -
wife of the said ~1~i~Df F+. Feinstein _ ~p«, • separste and privat~
examination by me taken ieparate and apart from has said 1?usba~sd, ~tkrwwled~ed to and befwe me that :he executed aid iratrument freely and volu~
tarily aod without ~ny compulsio++, corutrai~t, s~eheraion, a fear of or from F~ said husband. .
WITNESS my hsnd and offitial sesl this ~1.~~• d~y of '4- 19~ i
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~ 6 p9 ~ v Not~ry Pyblit in' ~nd for the State of Florida ~t_ lupe
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~ RK ~~RCy~t ~ ~ My eomn+iu~«4 •~pires: ; .
Retvrn To: C~~ f ~ . . c~ '~!1 •
r, yrRS. .Eji • ~A . C:i~F~Y~.:,Lif~~i,;f.
First federal Savings a Lwn AstotiationR~C~R
Of fwt Pierce. ^ MY ! . l~Lt i!~-'
Y1
~ ~ ~ ~ MI/M~W Y~ • Mi~i.. ~yy~~ ~1.d11sf ~YDC~ ~ ~ ~ {
` `~V`~ "^1 • i ./r
Fort Pierce, Florida ~ ~ ~ ~ • t • - • '
? C? j: t3 l sit
'7 ' 7~? / a •2 "g .Q o.
O x~:~' a7 Q~;~ Q.~ i
This Instrument Prepared By RiChaz'd K. K8ye8 ~ ~ J.
First Federal Savings b loan Association % o ;Z ~ 4;~
~ ~i ~'Y ' _
'of Fo~t Pierce Florlda 33L~50 ~~i, d'~''••~ ~%;`:4~~~
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Checked By~ ~~~~~J~~~rn~aT.~~~```~
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BOOK ~~?Jc7 PACE
~ ~ ~ ~ . : SA
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