HomeMy WebLinkAbout0854 To pfsce ~nd conti~~sly kNp on ~h~ buildinps iaw or hN~aftw ~i1wN on wW land u~d on all p~tpnw~t ~nd p~naulhi oovend b1? this morlp~
p~„ vrith ~U praniwn~ tF~~on p+~d in full, fin inwrux~ in tFN viwl ~taodard polfcr (onn, in ~ wn+ tpp~owd b1l th~ MORfG/?~3EE. ~nd wind~~a~w
Maww~a in tM wwt sanda.d policy (arn. in a wm ~pp~owd b1? th~ MORTGAGEE. In wd~ camV+^Y a~P+~ M 1!» MORTW1CrEE mar
dinct~ and dl iin snd wi~w.m inwrano~ polk~e~ on any of Ntd bv~idinp~, ~ny intKat tMnin o~ p~rt th~w1. in th~ +pycp+q wm ~fa~Mid a
In ucaa Menof, aMll comain ~M vaw~ uand~rd ma~~apM claw~ a wd~ od»r daw~ a tM AAortpapN awY nquw~. n»kip tM loas w~r wid poY~
tip. tach a~t! w~ry. WYsbl~ Io said MORit'sAGEE p iM Ie~KNt ~Y +PP~+y and NtA and wary such polky sl+~ll M P~~Pff1? and df~iwr~d ~o ,
~ny Mld by said MORiGAGEE as ivnMr aecvrity to s+id mat~ap~ d~bt. ~nd nW 1~ IMi+ qn (~0) day~ M? ~dv~nc~ 01 tlw ~xp~r~tioe of ~ach Policl?. 1o dM
Nw~ M s~fd NWRTGAGEE ~ reMwal tMr~of. top~tl?u with • rec~ipt fw tM pnmiwn of wth r.~?.wab «~d rh... sh.n a~+o fin a windNOnn IrowMa
plapd on ~ey of aid buildinq~. ~ny inte.at ~M.~in or pa?t tMr~eof. vnba tn ~M bnn u+d wi~h tM loss payabM a afons~fd~ ~nd 1e ~M ~wM +nY wm `
d mon~y bKanwt p~y~W~ vnd~~ wch po1Mr a policN~ saW MORTGAGEE ~MII Mw tM op~ion w nalw and ~pptr th~ wn~ on aaow+~ of tht W~deM~d-
rntt ~cw~d I~~by a b permi~ wid MORTGJ?GORS ro ~eaeiw ~nd us~ h or ~ny pa?t th~r~of fa orha pwpo~, w9~hout ~iu.~by waiviny a Imp~i~
inp ~ny pu~ry, IiM o~ ri~ht w~ ot by virtut of this mottpap~s a~d in th~ ~w~+l wid MORTGAGOitS ~hatl (ot ~+?y ~iaion fsi) to kNp 1M uid pnmt~ ~o
le~u~~d, a t~il b d~live~ p~omptly ~ny of said potieiss of i~aw~ne~ ro satd AAORTGJIGEE. a fai! promptly w paY ivllp ~ryr p~uniun~ thu~for a in ahr
nsp~a fail b pKfwm. discMrpe. ~x~cute. ~ff~ct. compl~te. aomplr wi~h and ~bid~ bY this cov~t. a any p~t Mrwf. s~id MORTGAGE~ro~
Wr fa such trawanu a M?y pa?t tMrwf without waivinp or ~fhctinp +nY cWian, ~i~n, pu?b. o~ ~ipM undN or by vtrtw of thb
full w~a~m of ~ad? N+d ewry svch p+ym~r?t sFNll b~ ioxnedin~ly dw ~nd pry~ ~nd ti1?~II btar intKNt fram th~ d~t~ tl+~r~of w+tU paid at tM ~ab d:-,~+
nir» pN untvm pK annum and topetla? with svth intere~t ihsll b~ ~cwed by tM li~n of tNs mohp~p~.
4. To pKmN, oomnit or wft~r no wut~. knpairm~ot a dNerioration of s~id prop~?ty a any prt tlwnof. t~!
S. To p~y all ~nd sinpular th~ cosq, chKOas ~nd ~xp~+ss~, G+cludb+D a re~sa?~bM attan~t/~ f« ~nd eo~ts oi abstraeq of titl~. Mcwnd or pNd N '
a~y tim~ by s~id MORTGAGEE, betws~ w M tlw twnt of 1M (aihrn on tFw paH of tM said MORTCsAGOR b dul~?, promptlf? ~nd fullp P~faM. da~w9~t
execw~. ~ffM. oompl~?~, comP~Y with and ~btd~ by ~ach and wery tM stipvl~tions. +p?~sm~^t~. oonditiau. ud aown~Mt d s~id pam~s+wY ~wt~ ~nd thi~ .
^+~~9+~ +~Y a ~i~hN, a+d ~a~d cos~s. cl+u~s and ~xpe~ea, each ~nd ~vatlr. sMll b~ inwMdia~ety dw srw! pay~bl~t wMtha a ~ot tMn b~ nwia d?
mand, ~»~mpt ro colkcl w wh pMd~nyt w~d tM full anount of ~ack and ~very wch p+ymem shall b~a~ int~nat fraw tM dab tMrwf uetil piid N tir
rate of. nir~ PK c~nt4nn Pa ~?rw+nt ud all wid oosts. ctw~s and ~xp~ntes irKw~~d or p~id, top~tlw with wcA Yn~t, shrN b~ s~aKed b~r th~ H~n d tha
morqap~•
6. That io th~ ~wr?t of any br~ach of this Mort~sp~ w defsult on tM p+N of tM MORTGAGOR. or (b) In the ~v~nt a~y of sa~d sunr of nwn~y
hsrein nfen~d to M na promprly ~nd fully paid within ~hirty (30) days nea~ af~a tM sam~ wwr~lty b~c~ dw ux! pay~ble. withovt d~mand w nwia.
w W h ttr ~v~n~ .xh and ~vay ~M stipuiuiaw +9~~ments. conditso+n u~d eov~nsnts of ssid promasory not~ ~nd this e~aHpp~ ~ny a~NI»? m~w1 ~
~uly. ~~i~ ana h,ih w?fo~~+.d, d~scna~d, .xecvr.d. ~ffeaed. canPbt~d. canPlied with N+d abidad by. Hw~ In eitMr w any wch evrnt th~ wid aa
prp~t~ wm m~ntion~d in saW promissory note then ~~maininp unp~id, with int~ral ~cvued, and all nwn~ys Mcvnd MrtbY. ~t+~ll b~co~~e dw and p~y~
~bl~ fathwith, ar tl+ereahe?. ~t the option of sa~d MORTGAGEE, as fuly and completely as if ~II of tt+~ s~td w~m of m«~y w+n atp~lb st~pul~ted
ro b~ paid on such day. anythinq in said promiuwy raM a in this Mort~a~e ro tM contrary nawitinrandinps +nd tlwrw+poo o~ tl~~+f?~r ~t tl» option of
Htd MORTGAGEE, without noric~ w d~mand, svit ~t I~w w in puity, tMrefon w tiKreahe~ be~un, may M proNCVNd a~ if •~U n~o~ s~a~d Iwnby
hed fMtund piOr to iri intlifution. . .
7. Th~t M th~ event thal at the beyinnirg of or ~t ~ny tima pendirg any wit vpon this Morf~,,.ot 1o fonclw~ N~ or fo ntat~ M, or to ~ntoro~
wY~++r of ~ny daims Mrwnde.. said MORTGAGEE shsll spply ro tM Court haviny jurisdiction thereof fa rM app~M of ~ R~aiwr. wch Cowt sMll
f«thwiM ~ppoint a receiva of said mwtgaped poperb all and sinpular, indudu~g ~II and sinyular th~ inoonw, profi~s, bswi and nwnws fran what~wr
wwc~ derived, each ~nd every of whicA. it beinQ expreuly understood, i~ hereby matyped a~ if spetifically ~et forth and d~wibtd in Ilr pr~MHp and
haMndum clausa hereof. and wch itec~iver s~+all have '~II tl~e Ix6ad' aiid effettive fvactans and powen in ~nywis~ Mtrustd bY a Cowt ro~ R~ceiw?, and
such appointment sha11 be matl~ bY such COurt. as an admithd~e~ity:.~id a m~t?!? of ~bwk~fe ~ht to' i~id MORTGAGEE. ~nd without nfereoa to th~
adeV~+KY a i~++d~++~Y of thi wtw o~ the P~~b ~~9+p~ or to the wnrancY a! 1~sdv~cKy of,p?i~.MORiGAGOR or the def~ndan». a+d that wch
r/e~~nr~s~, profi», incans, issues and revenws ~q be applied by such Receire+ accordinp w tM lien or puity of s~id MORTGAGEE and tM pr~ctict of wd~
WV~¦~ ' ~ . • . . . - . ' . . . ~ . ~ 1~ . .
8. To dub. PtomRtly.~nd (ully-perfpr~r~, dischst~e,:tx~cuts. ~ffect, eorrpl~N~lomPh~ wltb ~nd abidt by~Mth and wny tM stipul~tioro. apre~nwnts.
conditaro ar?d covenants in said promiswry r+ote and ~I~is mortQaAe set. fwth. ;
9. That io tfie evr.+t th~ ownenhip of the mortgayed premises. or any Wrt tha~eof, becan~s wsted in • pKwe oMa th~n tM MORTGAGOR, tht
MORTGAGEE, in successors ~rsd assiyru, m+y, without notice to the MORTGAOR, de+l with such urccestw ot suaessor in intereq with r~fenna b thb
morly~ye ~nd the deW hereby secvred i~ the sams manner as with_ Mwtgagor without in ~ny way vNiatieg p duhu~inp fh~ Morty+poh' Il~bility M~?
u~ a upon the debf hCreby securad, No sale of .fhe premises obY mat~spsd and no fabear~no~ on tlw put of th~ MORTGAGEE or hs svoussas
r
or ~sig~s ~nd no extension of the tune foi the paym~rii of the dp t lieraby secwed y'~va~ by th~.MORTGAGEE a_i1s sut~cesso?s or ~ ah~lt ppa~t~
to r~e~se. , d+sdwy~ mo¢fy chsng~ a;aff~ct the aiginil • I~bitiryi of ~h~ MORIGAGOR ~her~`.' either in wliob in , p~rt. ' , -
j0. h is ~petifically aprrad Mal 'Yune ii of 'tM es~ente af' thii ~onhact and thaf no w?hK of irry obli~tion Mr~ued~t ~ O? oi ti~ obliyation ~r
ared hK~by shall at ~ny time thereaft~ be held to; b~ a waivoc of the fen+a ~eoi w Of tir irntrunwN ssair}d Iwby. -
11. In add~tan to the ~aega:ng monthly paymems of princ'pal snd ir~terest roquired by the promistory noN ~etvred hereby, mortgsgor aownanls
and ayrees to pay to mortgagee with each momhlY paYrnent an addirional iwn estunated by mortya9e~ fo be Wwl b 1/12 of 1he annual aost of th~ folbvr-
in~: . ~
A-All resl PropertY aaes kvicd or assessed against the above dsscribed real estate. , • , ~
B-premiums on firs and windstorm ~ance as herein requ:red to bs curled on the improvemenn'sitwt~ on the ~bow deatrib~d premisa:
C-Premiums on wch mortpage ~wranty insur~rQe es mortpapee shall 6om time to t~me. deun fif. b cuTy on th~ ban a~crrtrd hKeby.
Mortgsget shall from time to time notify mort9agor in vrtiting of .the ~moont dve .u+d p~ys~ iwr~w~de? and suth ~ww sl+all _M~vtupon be du~ ~nd
paysble, on the dve date of ttie i+ext monthly p,ymerit end eacb suctessiv~ month tF?ere~fier unb'1 mort~spet sh+ll tatify mort9~gor of a d+ug~ iri wd~
amount. 5uch wms shall be applied by mortgagee toward the payment of real property faxes, i~uutanq premwms. ~nd mo~rtysp~ ~wraMy irweranoe
preeniums. ' • . -
IN WITNESS WHEREOf, the ssid MORTGAGOR hss hereunto wt his Mnd and ae+) th~ day year flrst afwaaW.
f Sgnad, S~sled and del'wKed,i tF~s presence of:
i ~A l~it~' ~.~:f+~~ .
~
,
G _ ~•i~£ : ~tMlt~tr ~1LA. bzab Bo li ~
Ifi1YC€R ~'8t'fRl~f ~ - - - -
. ~~x ~>c~i~ ~ ' \ C° ~ ' ft.aJ~
R~r~R1'yfi~~~f0...~...~-~ }~la Bohse?li~
45u4
STA7E OF FLORIDA ~ 1 ~~S P~'15 ,~~~~s
~o~?~ o~ st, r.u~ie ~
~ ~~~iy Ibrahis Bohsali .~,d
Hala Bohsali I~i, wif., w,„. w~~~ lu,own .,,a kno+~n, w o,. io b.
ths individuals described in and who excwted the foreyany iostrum~nt, and acknowlady~d bsfor~ me that tFwy ~x~wtsd tiw ssm~ for th~ purpows
r?,erein exp.ess~d. /?nd rhe said Hala Bohsali
wif~ of th~ wid IblB~l~1 BOZlsal~ upon a s~pvat~ ~nd prlvat~
exsmination by me taken separate ~~d ~parf from her said husband, adcnowledped ~o ~nd befa~ reN th~t she ~xecvt~d s~id inshuenent hMly and voMwt
rar8y and without any compvlsion, constraint, apprehs~+sion, or feu of or from Iwr said hwbantl.
WITNESS my hand snd official seal tbi: .~ik/~ ~y $~t~@Y A. D. 19 75
/t~/'t,t~ -
~ . . Notuy Public in ~nd State of Horida d l~p~
My Commiss+on •~cpir.s: e- 3 O~~ L
4 Retvrn To:
~ Firsf Fedet~l Savinys 6 Loan Atsociation .
~ Of Fort Pierce• J . '
Fort Pierce. Flwida ..~:1i:flt:r`,_
. . ~ . -
- ^ _j~ ~ ~
' , ~ ~
' 1'~~~ t ~ v%~ii~-
: . . t
This Instrument Prepared Ry p~ald 8. HugheB - +G ~ c!~'~ ~t-
First Federa) Savings b Loan Association J~.
~j~~ ~
• ~ of Fort Pierce , Rlor ida 33450 - , ~ ; ,`J ' .
; ...~.~~~~'"~p ~.~7 `
Chetked BY ` ' ~ ''rc:3t ~ Y1,~.'`• ;
s~ox 243 P~ 855 .r.~: ~_~.s-:: :
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