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HomeMy WebLinkAbout0880 ! J. To pl~ce and continvous~y kcep on ~he bu~ d.~s no« or ?+crwfsa a~+.:,k on s~d .and a+d a+ can^*+~ +r~d pe+wr+a~~Y co.e.cd bY M:s r.wr~g p~, w~th all pem~ums thereon pa;d ~n tull, f~re ina~ranu +n ~hc .~s~++~ sT~ndad po r~ ~anR, .n s s,r* aLp~_*ad br ?ht lMC~t~GaGEE. and wu+dsarm irsiwance in tM usua) srandsrd pol.cy fwm. in a swn ~ppro.ed by ~Ae MOQIGAGtf. b. wcf~ co~P~'?1I a~*G+~~ a Nr N?pQTW?GfE may diractr and all 1'ue and w~ndsto.m insu»~+u polK~es on ~ny d u.d bwd.np~. an~ ~rre.eu *l+ere.~ w pan ~i~crad. w the +pg~ey+te w~* afassaid a in sacess ~herw/. tt~all cw+tain ~he uswi aundard morr~~ee clause or wd~ ogl+er c•K+~ a~ d~e 1Mo~~pqae ~+tr «W+~ ~~^p ci~. eath and ~very. WYab:~ w sad MORTGAGEE as ~nte~est ~nay appear. s'+d Nd+ «+d e..rr wd pe'.c~ s~a3 be pro~p~h auy~ed «+d dsaivKed to arty t~eld by s~id /NOQiGAGEE u tw~ha satu.~ty to s+.d mors9a~e deb~. k+d.. nar tess d.~a ~en c2C! dars ,n d.anc~ oi ~Me e~r~e:on oF e+cA polic7l. ro d~- liw~ b~aid N10RiGAGEE a ~enswal tM.~d. ~o9et}w w.ith ~.eenW ior tA~ Prv*.:w of wd~ rr+e+~': rd riwt st.~~ b~ no irt o. w~r+daee.m inwranc~ • pl~ced on ~ny of said bvild~nga, u+y i~~es~ Nicre~n a pu+ Nw~of. unkss .n ihe fon. a~d wn~A dv ~oas w~a0+~ x aioresa~d; and in ti~e svent ~e+y swn of ma~ey becornes p+yabk unde+ wch pol~cy or polK;es s++d N~ORTCsAGf~ sM1! M,re tlie opevw w nee..e ,~d aap~y M~ aa~e+e on accwnf of t1~t k+d~bted~ nas secwed he.eby a a permit sa~d /NORTGAGORS w rere++e and uw et or a~y as•~ ene cd ~a orrr. µrFases. w.*nc~.,t t1~ ~or +a•~~~•~ ~•npai.- irg +^Y e4u~tY. tien a r~gl~? urKie~ or bp virrw of M:s nw.:9~ge: ar+d in t}r fvent sad MOtIWt~i('~t5 s!r!! fior any rsason }a~ b keep tht sa~d pre.n:ses w irawed. a fa?'1 b d~l~ver pornptly an~ of sa+d pol<;es of irrw~nce w s~d MORtGwGfE, w fa+ proe~p~~r ~ C+t? ~1l +~+t? P~e•n.wn rhe.~fw or in ~ nspect fail b p~rfwm, d.x?wye. executa. ef4ect, compk~e. carpF~ waA and sa:de bp ~s or ~7r P+~ ~~R1GAGfE rnay p~au and v P+r fa suci~ imuranc~ a ~ny part tMreoF w~thout w~ivinp or •ffeoi+p +n1? op~.oti lieq ~r. w.qRt s~+de~ or b1 virtut of ~Ais JMort9a9e. and the full arno~,m of each and ~v~.y wch paymero shil! be on~ned.+~dy d+e ~+d prabie y+d shW bea. iNe~est trom d~t dstt Mweof unti pad at th~ raN oi nint pe~ centum per anrw~n snd to~e~he~ w~~h wch :rae: es? sl?~~~ be secwed oY tl+~ !~w d dis wwr~aga l. To permif, twnmit or wffe~ no wuts. ie*~D+irment a de:aiw+uon of a~d pro~.ny w aery pan d~ereoi. ~ S. To pay all ud sieputar the costs, char9es and eapensrs„ inctudNy a reaaon+bk +t+w++e~r's iee ard aos+s of absfrac~s of t~tk. incvr*ed w p+~d at ~r~y fime by sa~d MORiGAGEE. becauss a~ in the eva+~ of ~hs la:w?e on tt+e D+*+ of d~e sad 1MaQiGJ?GOt w dutr. P~a^'~N11 +^a ~h w~'fa^~. d~?~+~9t e:ecute. sffM. oompkte. comply wah a~ ab.de by eich a~d every ihc sr~uu~~o.~ a~ree~ oa~~d:r.a+. ~+d co.enanp oi s+d Vro~+:ssorY ^o~ +^d tha mort~~pe aey or e:ther. and sa~d oosts. clwqes ar+d e=penses, esd~ and every. s1~at1 be i.~ed.ach dre ard payabte: ~nc~d+er a nw Me+~ be nw~ce dr mse+d. ~ttempl w colkcf w wit pend:ng: and fl+e fu11 arrwunt of eacA and eve.Y wc# pa~n~w s~ bea~ r~rest fwm Hr da~s elweof untG1 paid ~t d~t rale o1 n:ne per centwn ~f aMl:lTl~ and att ~a:d cosn, cM~3es and ea~e~+ses ir~aK+ed a pa+d ~oge~e~ Wal+ wch r+ee+esf. ~al1 b~ seowed pf/ ~ • Q That (a) in the ~wnt oi any brcxh of tha 1Nwtgagc a dcfaui~ on th~ part of tlie ~ItOttTGJICaOt, or ;W ;n ~I~e ere~y any d sa~ w~+s oi awnty he~tin referred a bs not promptly and fulty pa+d within'th:rty ~3~}; dairs nc~t e+rer ihe sa.r,r sc.era:ty Orco~nt due and iw~+~M? wiihwt dv+w+d a notice. w(~ in the event each and every the st+pu!at.oris„ agrc~n!s. w-~daans ~nd co~ts at s+d proe*~asoz~ nae and tlrs e~prtg+ga +nY or t~tl~ are nol iuty. PromPNY and fully performed, d.schargrd, e~cecvred. eflected. complexd ~~'Ked w:~h r+d a~.ded dw~ in cthn or srey wcb ewm the sa~d ag preg~te wm n+eroioned in said pran+ssory no~e rhrn rema~n:ng ~rpad wrtt+ :nrrw accr:+ed aed a.t sronep secured l+ereby. sh~ll becnn+e due and P+Y sble forthwith„ w thercaher, ~t the opr;on of said AtORTGAGFE, u fv~+y and cor~p:cxtir as ~f ~~t af N+e u+d sun+s of ~ooner v~e?e or.pin+lty u~putated to be p~+d on wcf+ day. anyth~~+g in sa:d pnr+:uory nore « in rf+is Mon9a~e w the con•,a~Y ~a..:t~ssa+d.ng: ae+d ~l+ere.,pon ar tl~ereafter at t!w optias~s of said N10RTGAGfE. w~ihout nor~ce o? demand, suu at Saw o~ e~ eqwty, tbe+ei«r or ~~e.cahe. aeg:+n. a.a~ be pro~ec~aed a? if a4 awnera secwed her~b~ nad m~ewed prar ro~n i+u~~h,r~o~. 7. Th~t in the e,ren~ that st tF+e beg~nniny o! a st a~r tims pend'mg +nr sua ~~on al.es Atersgage. or ~o foralose it. w b refwin it. w w enfora PaYmmt of a~y daims t+ere~.~drr. ssid MORiGAGFf s_~+at~ app!r to t~c taxt }~v~rg l„+.sCCZOei rr:eoi far *Ae apporur.em oi ~ itecaver. suci~ Court s1+ai1 fw~hwith appoint a~KlivK of u~d mor+9sged property aU srd s:~+gu4r. inc!a,d~ a;l ~rd se+gu+a. tne =~aane. p~:ss. 'swes +rd Rrenues ho~n whatever source derived, each and every oi wh~ch, n be~^9 ~xPressh undcrs+ood. a Fe+ebY ~oa.`9ar~e'd +s if spec.f.ca+~r set ford~ rd desu~bed in the y~ant~ny snd habendum ciauses Imeof, and such Recriver sFuli have ~tl tne b.~d ,T+d c3fer..+e iw+zx.nns a~nd pawers e+ arqrr.x ennuued b~f a Cowt to a Receiver. u~d s~ch sppwntment shatl be r.~ade by such Cavrt aa sn ad^rir+ed equ~ty ani3 a ma~re+ d a~sa:.ne rwyv w saad MORTCsA('~fE. a~d wiM+out reference to ths edequacy a iR~dequacy oi ihe vaiue of the propeny wwng~ged a w d~e sok.rr o~ ns~•~ncY d s+d MCM~WGOQ or the dctend~nts, and that such rents, p?ofirs, income, issues snd revenv~es slali be appiied 'oy wch Rcv-rrrer ac:o.a..~g w*!+e or eq~+.r~ of sa.d IMO~TGAGEE acd ti+e paaice of wcA C.ourt. 8. To du:r, prwnptly a~+d fv:+y perfam, d~uharge, caecufe, effect, crmp:cte, can-;~~ w=r3+ and ab~de 6Y c~cl+ and e+rery the u:puiations, sgreeme+?ts. conditions and corenants m sa~d promissory nafe and fh;s mortgagr se! fortA. 9_ That in the event the owr.enh+p of the mort~aged ~e+~ses, o• a-nr part ~eef, heco~a~es res~ed ie a pe.sa~ eti~d tlun the lMORTGAGOft, tF~e M04'TGAGEE. Ib sucusson ~nd ass~gro. ma~. without r.c~:;a so the JYtQRIG~JR. de~ +n-h a+c~ sir~esw? or wccesso? i. astereat vrith refere~e to this mort~age and the debi hereby secured in the same .~unne: as w:Th lKwu~agor ~..:iwut i? ar.~ rr:~ ti.aeig or dschxg~g ti~e IMort9agors' li~biliy her? under or upon the debt Ix~eby secu.rd. No saie of the Frem~sn F+ereby .r+or~gsgrd and no fabears~+ae on tA~ pa~t ef Me MORiGJ?GEE or :ts wccessors o. auigns snd no e:sens:on of the time for the'rymenr oi rhe debr he.cby sea.red g:.en b~r d+e lMOIt:GI?GfE o. es ze,cuuors or atsipns, Jvtl operah ro rNease, d,acharge. mod~fy changc a affect tFx orsg:rb! :,a'a.. ry of ~i,e MOttiGAC,Oit hs~e+~. eat~ir ~ rfioie or in pa.t . 10. It ;s speufica~fy ~greed rhat t:me ~s of ~he essence of ~ho coc~trxs ar+d d»t oo wa~.ec of aery~ ob.~gaeon hueurder or of d+e obtipation s~ cwed hereby shalt at any timc ~hereafter be he!d to be a wa:ver of rfie terms herc+of or of tht ca*r.R-+ent secu~ed Rv6r. 11. In add:teo~ to the forege:ng monrh'y pay~,ent: of p-;,c aa~ srd ~^!?'Elt .equ,red by *he ~oE+:sst.r~ Ks'~ sca+~ed hereby, mar~gagor covenants and agrees to pay ro mo-tgagee v.:rfi each ma^~h y pa,r-rnt an ad~.• ~n~~ s~-+ es~ -:xd 'ar -~oregngre ta x~a ~0 1_ !2 af the anr+uat cost of the fdlow- ~^9: A-All fNI ~OpCrtY ti~tlS kv~ed or assess:d aga~-st th> above desc*=~d r;-ai ,esta•e. B-Prem~u^~s on (ire a^d windstorm ~ns~-ance as nezan rcq...red ro bt c~-r:ed on :!~e :r~;,~atir~e.~fs s:*w!e on the abwe desaibed ptemises. C-PremiLms ors s~ch moreg;ge gua~amy irs~cr.te as rU•tgs3ee sha;l ?.o-+ +ne ~a ~.~*+e der--: f.i to car~y on ti+e to:n secwed hereby- Mortgagee sha;i frem t~me to r,-r nc~~fy rno~~yage~ ~n r..:t~ng of t!+e amo.-~t o.,e a~+d pa~ab't he.ev~drr and s.xh u:ns sl+a:l therevpon be due and ~syable m the due da:e of the next mo.~tfity pay~rznt and each s•xcessive :+w-th ~afsr~ ~-a:? n+o~eg~ec sf+all not:f~/ ~nwtgagw ot s cl~xx~e in such j amount_ Such wms s~a:~ ce app ~e~' by mor*gagee sw~,aro i~e payment of rea: ~aQe.rY sues, ~a~ce pe~r_aa*ts, a~ed irwtgage gvaranty inwrance P~e+*uums- I IN WITNESS 'NHER"cOF. tFu sa~d MO+TTGAGpB has }xreu.^.to srt ttis hand and sesi tl+e ~r and qear first aforesaid. _ i Signed, Seakd snd delive.ed in tt+e p~esence of: „ _ - r o a~. ~tECo+e~E~ F~ = i ~i ~l~jii.'_ li'i~ ~N~ { ~ 1L.~.~~-` ..~.n ItVtE ~0~'aaf, n - - - ~ ~ CLEic~ C.~C{t1T Gi1iiR1 . ~ _ Y l~fCM~ ~E~; f f D ~ Rose~ary P aero 5?ATE Of FIOR A ~ i 3 t9 PK'~~ ~Q~yQ~j - COUNTY OF $L . L11C le ~ ~ - o I ~7L7 eerwe ~ personally appcarcd Francisco Pal~ero Roseaary Pa l~ero h~ ,w;~C, „~+~e „~rt! k,,,,,,,n „~d k„a,,,,, ,ne b, rhe ind'ividwb described in and wFw e:ecu~ed the foseqoirg iruuurne~». and ~ctnowr:esiged beiwe ~ne d~rt the~r mcea+ted the same for the purposes rt,~.~~ ~x~.~d. a,d r~+~ Rosemary Palv~ro : Fra~cisco Pal~ero s wife of tF+~ said upon s separatt and privst! ~ examinat:on by me taken xparate and apaA from her sa+d h~nband. ~dcno+rieciged ~o and befae me ehat she e:er:tcd sa:d instrurnn+t freely and voluet ~ tarity and w~thovr ~ny ca~nputsion. coRStraiM, spprehens:on. or fesr of or fr.am hu sa+d haband~ .y~ ~ WITNE55 my hand and offic~al seal th;s ~y d day af A. O. 19~Gft_ _ - ' ,Q ~ • Tw~sry Pub:'+c i~ ! Sate of Fiorid~ ar tary~ a ~r ~ ~ ~ Rtturn ia . _ t First Federal Savings b loan Associat~or~ ~ W?='1 4=~ ~-a!~ eS Ra~~ at ~ Of Fert P e:ce. ~.+i~'-.s... ' I-~7 C~~.-..a:e:.a fzprts Jr.'p ~ tlT7 ~ Fo?t P~erce. Flw~da . - Mndsd hY ~nrrr.za n'rt L~=yp,i~ a _ _ • • ~i' ; ~ ~ . , Q` , Ci ~ : - ~ ~ : 7: Q - This Instrument Prepared By : i- - ~ - First Federal Savings b Loan Association - ; O~`~- `r " S~/AT~ F~--~ R' ~ A ~ of Fort Pierce Z~`~ `J~_- ~~:1~UMEN?AR~ STAMP iAY *~~.7 ~1F aErE:iJ__ _ L~`'y. ~ ~ ~~s~ ~ ~4-~ ~ ch~k~a BY - - - . ; ; = o.. _ ~~-~•~~4 1 I ~1. 0 0 ~ r ~ ~ ~ '+i~,.,.;; - ~s, t~-{ ~ ~ ~ ~ ~ ~ ~~?eh/je~ ~ - ~ ~ ~ ~ _ - ° .