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HomeMy WebLinkAbout2331 i ~ ~ + To pl~ ~nd cautn~+oushr kNp on tM buildMps now a 1w••fr.r ~n,.n on u~d 1«d .nd on d1 .qu~~ a+d p~rw~wly oow..d by ~h4 n+orq~ apw wi~b dl pnmiwna tixrwn paid 'w+ /vll, Ij~~ Inswu+c~ in tM vwal ~~~rdud pollcy toren, in ~ aw~ ~pprowd bp tM INORTGI?GEE. ~nd wind~ta~ InMww~a in tM uawl a~and+rd policy fan~, in • sun+ apprw~d by th~ MORtpAGEE, in wch comp~ny a co~npa+~ w tlr MORTC~JIQEE map - di~~ ~nd ~11 fk~ ~nd wwwl~a~n~ inswu+a Paiw~ a+ ~ny d s~id buildinp~. any bNm~ ~haNn w part thN~oi, in th~ pprp~q w~n aforyaW o~;.i~ t in uco~a tMnof, ahall oomain ~Fw wwl a~and.rd mor~y+pN clauN or wch otMr dauN a tl» Mort~~ n+ar ?pvi~, nNklnp Nw Iw~ wdN uid poli~.;~ i da. ~+d~ and way. wraW~ w iaW MORTGAGEE a l~s inn.at m~Y ~PP~~. and ~ach am! ~w~y wch policy ~FNII b~ P~~Mh ~u:pn~d Md d~lfv~nd ty . ~ny MW by s~W MORTGAGEE a fwtl+K senuity to ~+id matQap~ d~W. a~+d. na I.u ~han ~~n l~0) d.y. ln +dvu?c. oi ~M .Ypi.•tion of ..c1+ poi~cy. ro dr ~ IM? to NW 1NORTGAGEE ~ rMtwal th~rwf, top~?1~ with a nceipt fa tM pr~mivm of such r~w~lj ~nd tlwn aFwll b~ ro fk~ w wind~tam Inwranc~ ptand on ~ny of wid b~,itdu~ps. w~y int~r~u tMr~in a pu1 ~F?Nw/, uolsa ie th~ (am ~nd with th~ Iw~ P+Y+W~ +s afaewldi ~nd M rM w~nt any w~n ' of ~y t»cpn~a payabh ur~ wd? polky or polici~s wid MORiGAGEE ~hali Mw Nw opnon ro naiv~ and apply tM wm~ on ~caove~ of tM Ind~bt~d; n~ss aaned Fwr~by a b p~rmit wid MORTGAGORS ro naiw ~nd us~ N a~ny pan ths.wf (w aha pwpae~, withovt ~h..•b~ waivlnp w i~np~iti,= "1 Inp +nY ~9~+itp, I~n or riyhr w~dK a by v~rtw of ~hi~ morey+p~l and in rM ~wnr ~+id MORiW?GORS ~h.ll fa ~ny nawn f~ll ro kNp ~M Mid pnmi~ aqyr Iroured, w f~Il b dsliver promptly ury of wW polici~s of in~w~na ~o sald MORTGAGEE, a~a~~ ~o~,Prh ro oay f„~y .oy P..m~ ~h...f« a In+~ n~p~N f~il b pMf«m. diachaye. ~x~cvt~, ~H~ct, complft~. camPh with wd aWd~ bp this oownanf, w any p+n l+Nwf, ~+id MORTGAGEE ~y plaa +~y`j_„ paY fa wch irawano~ a anr part thKeof witAo~,t w~lvinp or ~ffMMp ~ny option, INn, puity. w~ipM undM a by virfw ot ~Ms AMrtpap~. ~nd thi full ~movnt of ~acA ~nd ~wry wch payrn~nt ah~ll b~ imn~diatdy du~ and p~y+bl~ and sh+lt b~ar intK~at from th~ dat~ tMrwf untU paW ~t th~ r~te ol n'uw p~. cenfvm p~. anm,m u~d rope~M+ with sucl+ inn.ei~ shall i» secured by th~ li~n of thi~ mo~pspe. l..To p~rmi~, ao~?y~+it or wffv no w~st~, lmp.irment a d~r~rb.~tion oi uid prop~.ty a~ny ps?t tMnof. S. To p~y ~11 and slnpular tM cosls, cMrp~s ~nd ~xp~rw~, includM~p a r~awnabb st~orn~y's fM snd aosb of ~Mtrae» of titl~. G+cwr~d a paW N ~ny tl~rw by ~aW MORTGAGEE, b~c+us~ or In tIM swnt of tM iailur~ on tM pxt of tFw s~id MORTGAGOR 1o dvly, promptly and fvtly pafwm. d'achupq ~xacuq. etfact, oompler~, cornpM wi~h u+d ~btd~ by ~acfi ~nd ~wry dw stipula~iom. aprwn~nt~, aonditio~, snd aownu+a of said po~niswry noh and thi~ a+y or eitF~. a~+d sai~ co~M, chary~s ~nd ~xpe+ws, each ~nd wMy, sh.u b. t~,~,.d•Nnh dw .~d Paraa.r WM~h.. w not tlw~ b~ raria d~ ~tt~mpt ro ootkd w~vit p~ndirqs; ~nd th~ fuU amount of tach ~nd.wuy wch payment ~hall b~ar intK~at fran IM dal~ thNwf vnHl p~W ~t th~ ?ate oi n~ pK centum p~r an~um; and ~II s~id oosts. cha?~s and exp~mes inaxnd or paW. ~opNt~ w~M wd~ int~nst, al»II bt s~cw~d br tM Iwe~ of Nw 6. ih~t (a) tn tl~s ~wnt of a~y breach of thts Mor~y~ a d~fault on t!r parf of th~ MORTGAGpit, a(b) in tht ~wm any of uid wma of moery Mnin nkn~d w b~ not prompty and fv11y paid witF?~n th~rty (90) days ~ext after tlw same wverally bscom~ dw and payabb. wi~hou~ d~m~nd or ewriu, o? W(n IIM ~v~M !Kh and ~vlry tIN stipul~tipq, ayrNm~nt/. COnditionf ~nd cownaeb of w~d promissory not~ ~nd this mo~lpap~ a~y a N~hN an nol iuly. prompfly and F~IIY p~.fwm~d. d~sdwr~ed. execut~d, ~ffscted, canpbt~d, complied with H+d abided by, tM~ in ~itlwr a any wch ~w~t tM s~id ~p prepah a~xn m~ntia~ed In said prania~ory not~ then remai~ir~ ~npsid, wHh infert~t ~cuwd, ~nd atl mon~ys Mcvr~d hu~by. shd) b~twnt dw ~nd p~y~ ~bN fathwitA, a thK~afte?, ~t th~ option of ssid MORTGAGEE. ~s f~lly ud compl~tely ~s i( ~II of tM said wms of morwy wrn aipinall~r atip~l~fsd ro be paid on such d~y, anythirg in said promisiory not~ or in this Mortpape to tM cont?ary notwidutandinp: and ther~upon w tMr~ah~t at th~ option of uid MORTGAGEE, withow raric~ o~ d~mand, wit at law w in pvity, therefws a tlwreaf~er be~un, mar be pro~eprt~d ~s if ~II mo~~ Ncund h~rtby had mitwed prWt to i1f b~ttitutiOn. 7. Thaf i~ the ~ve~t rMt •t rFa beginnirg of w ~t any tim~ per~dirg any wit upon rha Mw~~sp~, a ta fo.~clow N, or w refo~m h, a to u~fo.a paymMt of u~y daims hawnder, ~aid 1NORTGAGEE sMll apply to tM Carn havirg jwi~d;ction therwf for th~ appoiotment of ~ R~uivu, wcA Cowt sh~ll fwthwith appoint ~ rectivK of said mortpaped preipertY all ~nd sinpvla?. ir~cludug ~II snd sinyular tM incorn~, profits, iuwf and rewnues from whatwe~ sourq dsrived, ~ach ~nd ~very of whith, it beinp ~xpteuly understood. w hereby matgsged ~s if :pecifically set forth and datrib~d In th~ ~rantinp ~nd hsbend~rn davses hereof, and iuch Rec~iver shall Mw all th~ brwd and effcttive funa~ons ~nd powers ie+ anywise entnnted by ~ CarH to ~ R~ceiwr. ~nd auch ippolntment ~hsll be rnade by wch ~owt ss ~n admined puity and s matta of ~baolvt~ ripM to sad NWRTGAGEE, and witFw~A nfereace ro th~ adequacy a I~adeqwcy of the valw of tbe prop~rty.mwtpap~d a to.th~ nolw+cy a- ~oM~ecy,.ef sai¢ MORTGAGOR p the d~f~ndN+b, and rh~t wch rena, profits, income, issws and ravenws sMll b~ rppli~d.6Y:~uct~ R~ceiver accordinp to tht~i,p a puity of said MORTGAGEE ~+d tM pndio~ of wch CouA. • . . . _ 8. To duly. promptly ard futl ' ' r v~~++. diu~?oe; exaa,t..' eHec~, carokre, complr with and ab:d. by .ad~ and w.ry rh. aripubtian, .preerMMS, conditiom and covenants in said promiuary note and th+s mortp~ge. tet fortA. ; s.. 9. That i~ the e~e~r rhe owne.shrp:of ~he nw.q.g.d Pre~wss, of anr Pan.N,e.eof. beoomN M~strd in • penon othe? tFwo the IYIORTGAGOR, th~ MORT6AGEE, its succeuors ud auign~, may, withoyt notio~ to. tM MORIGAOR, ,deal with iush sytce~wr p svocessor in interest with r~ference to ihis mort9~ye and the deW hereby secwed in tF~e same mamer u with Mutg~~w w~thoul in any wiy viti~tiep or d~scharp'my t!w MortyaQors' Wbiliry h~t~ under or upon the debt hcreby tecvred„` No.sale ef tM,pien+isas hereby morf9eS{ed and no fwb~ifanoe on th~ pa?t of tht MORiGACaEE or its woceswn w ~uig~s and no exrension of rhe rime iw th~ paymu?t ,d th~ deb~ herTby tKw~d Q~w.n by Hr MpRTGAGEE or in axcessors or auiqen, ~hsll op~rH~ ro rel~ase, d~scMry~, modify chan9e or ~~ffect the wigina) liability o~ the MOR~GAGOR lierein. ~i~1wr in wl~ol~ a in part. 10. It h speufically ag?eed that time is o( tl» essence of this contract and that no w~iwr of any oblgst~on herew~dN a of tM oblipation s~- cvred hsr~by shall et any tim~ tlxreafttr be held ro be a waiver of tlu terms hereof or of the instrurnent ~ecured herby. 11. In acfd~tion to the forego:r?g monthly paymenes of princ'pal ~nd Interest ~equired by the promiuory note tecured hereby, mwf~~por oownsnh and agrees to p~y to ~tgayee wNh each mw~thfy payment an sdd~uonal sum estimared by mortp~yee to b~ ~qwl to 1/12 of ths annual oost of ths fdbw- A-All ~eal property taxes kvied or assessed against tlx ~bove dew~bed fe~l estate. B-Premiums on fire' and windstwm insurance as herein requ'ued to be urried~ on the improvemenb situete on the above desvibed premises. C-Premiums on such mortgage gwranty inswar~ce a~ mortgagee ahaU from time ro time deem fit to urry on the lo~ aecured h~reby. _ Mwtgag~e shaH'from tim~ to t'rne'notify mortflagw in wreitg of th~'amaH+t due and payablr F~areueder and wch wm shsll thereupon bs due ~nd ~a~abb on the due date of the next menthly paymMt and each successive month thereafter ur,til mwtyagee shal) notify mortgagor of • ch+rge i~ wch amount. Such sums shall be applied by mortgsgee toward the payment of real propeny taxes, irnurance prem:urtq, and mort~spe ~wr~My inwrance premiumf. i IN WITNESS WHFREOF, the said MORTGAGOR has hereunto set his hand and sesl ths day and year fint fpesaid. ~ Sipned S~akd u~d deliwred in N~e presence of: ~ . ` n ~ ~ ~ :r(~~ ~d ~ ~e ~ (SuQ i ~ re-+4 ~ ~ ~ STATE OF FLORIOA 1 ~ couivnr oF St L~tcie ~ u` , ~ befwe rn~ perwoally spptared A. Cflblle: c~uccione BilZq f~• +~iCC~.0t1@ his wife, to m~ well known snd known to m~ to b~ ~ the i~+dividwls described in and who e:ccuted the forepoinp instrurMnt, and acknowlsdped befan m~ tFrt th~y ~x~cvtsd the um~ fw tFw qxposes ~ ??x.ein .xpres..a. a~a rh. sa~d Bszzy 1~1. (~nccione w~t. ~ A . Charles C~aocione . ,.p,..r. .~a ~ eaaminaYan by me taken sep~nte artd apa» from her uid husband, acknowladp~d b and befoh rr» th~t shs executad said inttrumsnt JfrNly ~nd vdwr tarily and without any compufsion, constraiM, appreF~eraion, w fw of w from h~r s~id hvsb~nd, W1TNE55 my h+~d ~nd official seal thi: bttl ~y o( ~O ~s A. D. 14 ~ 5 3 w ~ ~~~~Y ~~l' • i V:11GCO s fT. LU~~~ ' : ~.kFT fI,A. ~ ~ k~ ;-~1 i itl~S blic in aed fw tl» Sta1e of Florida ~t Lup~ 3 Retum Ta L! C . J. ~ Mr Commission ~xpires: ~ f ` ~ ~ ~ Notory PvEt~:. Srol~ of Fbtidv ~ r g Fiat Federd Savings 3 loan /lssociation p~ °t~ ; € Of Fort P~erca My Canm+:s+on Exqr~s April 1~. 19 ~ 3 FoA Pie~ce. Floride Nor i~ ~ Qo~d~d by Amerital ftr~ ~~110~ CO.~ a - . : 320'9S~ , : ; ~ ~ - . ' ~ . . . ,:,•y. ~ This Instrument Prepared By J. Nal ibbezts~ Jr. ~ ~ _ ~ : ~ First Federal Savings ~ loan Association :4 . - _ . ~ . of Fort Pierce ~ Rlorids 33450 . - ~ ;":.t~ ~ ~p = .r , ~ ehecked sy !ld , . ; ,i".b.,' ~ - g "~~1 ~ ~id . s` . ~ ..,n'~?.b,~~ ~ ~ ' ~ ~~K~~S , .r~~~,~-,,,,,.;. ~ - a . ~ ~ ~ _ . ~ =r. _ _ s.-~.=_..~...d_.~._.__ Y~ _~_n _ ~ -F~ , . ~