HomeMy WebLinkAbout0658 3. To place end coni~nuously weep on the b~i:~i~:~gs noar o+ herealrer •~twte on sa~d I~nd end on at! eqwp~nent and p~rwnally coverQd by thif mon9-
p~, w~~h ~11 premiums ~hr~ron pa:d ~n (~II, fire 1n~~~ance ~n ihs u~~a1 a~enclard po!~cy form, i~ ••um ~Fpro~ed by the MOR~GAGEE, and w~nde~wm
in~wance in !M us~sl a1anda~d po:.cy Fo~~n, ~n a t~~n ayF,ru~ed 6y the MORTGAGEE, in such tomp~~y or compani~~ a1 ~M MORTGAGEE may
d'u~c~; and all fir• •r.~ w~nd?~on~~ l~:s~rance poLcros on a~~y o( said b,~kd~nq~. any iot~~~~t ~haein w pa:t thar~o(, in ~M aygrepaee sum afaesaid o~
(n ~~ecefs Ihereof, shsU conia,n !hs uwal st•~.JarJ rnargayre c,ause ar such o~Fu~ clause ~s the tAwtp~pe~ m~y requ~r~. maYinp th~ lo~f unde~ u~d poli~
ci~s, aath and ev~ry, payabta to said A~JRiGAGEE as ~t~ ~n~erest may ~ppeer, and each snd every wch pobc/ sh~ll be promptty au.qntd and delrvered to
~ny held by sa~d MORiGAGEE ~s (~nher security ro sa~d mortgaye deb~, and. nof less th~n tan (10) d~ys in adv~nce of thQ txpirarion ol aacb poGcy, Io d~- •
1ivN ~o ia;d MORTGAGfE e renewal the+eof, ~o,~eihsr wnh a recaµt lor the pr~m~um of ivch rene,nat; a~d ~hero shall pe no f~re or windUO~m in~ur~nc~
pl~ced on ~ny oi said budd~ngs, any ~n~e~e~~ there~n or p~r~ inerevl, v,~trsa ~n ~ha fer.n a~.d ...:h sha !cu peyable at sfe%es~"ed; a.+c! in tFN w~M •ny aum
o( ma~~y becomes peyable ~adrr wch polity o~ pol.cies ~aid MORIGAGEE ahaU Mvs the opt~on to raceive and appty ~he same on atcoom of the indebted~
nsu s~cu~ed he~eby a to perm~f aa~d MORTGAGORS to recriv~ a~xl ua it w any pail therrof ior o~i~e~ purposes, w~iho.+t fhareo~ wa~ving w~mpair-
irg any equ~ty, I~eo or r~yht u~drr a by virtue of th~s mo:tgagc; •nd in the •vent ~a,6 MORTGAGQRS shall for any ~eason fail lo keep 1he s~~d p?emises to
iniu~ed, u fail to deliver p+anp~ly a~y oi said pol~ciee ol ~nwran~s to sa~d MV~ivAGEE, o~ fau p~omptly to pay }u~ly •ny premium 1Fx~efa o? in a~y
ro~pect f~il to pe~iorm, dnchar9e, e,cecute, effect, con,plete, comply wiTh a~d ab~ds by th~a cove~ant, a any per~ he~wf, s~id MORTGAGEE m~y pl~ce •~d
p~Y fa such inw~a-~ce o~ any part ?hereof w;rhout waiYing a afisctinp any option. Uen, equ~ty, or righf under w by vi~~ue ol this Ma~yaQe. ~nd the
fult ~mou~~ of each and every such paymenl ~MII be ~rn~nediately due a~d payable •nd shatl baar intere~I (rom the date thereo( urttil paid at the tate ol
n~ne Mr centum pe~ ~nnum ar~d 1o~ether with suth i~ecr~s~ shait be secv~cd by the lien of th~s mortqaye.
1. To pennit, commir o~ suffer no waste, impairment q dete~iorotion c+ is~d proE.erty w~ny p~rt the~eof.
5. To pay al! and ainguia+ the cosrs, th~~pes and expe~us, ~~clud~ng a rea:onable attorney's fee and co~~s of abstracts of title, incurred w pa~d
•ny time by said MORiGAGEE, because or in tFx evem of the FaJure on the pa~t oF ~he •aid MORTGAGOR to duly, promp~ly snd fully p~fwm, d~aharyR
execu~e, effed, cumpiefe, comply wrth and ab:de by rech and every rhe stipvlahon~, aq~eements, cond~tions, •nd covenants ot sa~d prom;twry nofe +nd this
mortg~ge any or e~~her, end sa:d costs, charges and expenses, e~ch and every, aMll be immedutely dve and payable; wAether a not ther~ b~ notite do-
mand, ancmpt to collect er suit pend~~g; and the full amo~nt of cach and erery such payment •MII beer inreretr from the dart fhereof until paid N 1he
~arr uf n~:ee Ner cenrum F.rr sn.~..,n; and al~ said wsta, charges and .rayx~~ses ~ncu~red o~ psid, loyether w~th such im~reit, shall b~ secured by th~ li~o o( thu
^wt~9~
6. 1'hat (a) in 1he ev~nt of any breach o( th~s Mo~rgage or default on the part of the MORTGAGOR, or (b) in tFee evenf ~ny ol sa;d sums of money
he~ein referred to t» not paomp~4y and tully paid wl~hin Ih~rty (30) days neae afrer ihe same severally become due and payabte, withovt damand pr notice,
« t~) ~he event each ar,d every the stipu!at~ons, ag~eemen~i, cond~t~ais and coveoanrs o4 sa:d promisaory oote end th~s mortpa~t ~ny a either ait not
iuly, pranpily and f~ily per(ormed, dacharged, eaecutad, effecred. c«np2eted, compi~ed wirh snd ab~ded ~y, 1lxn in eifher or ~ny svth ewnt 1h~ sald ag
preg+te sum menr,oned ;n sa:d p~an~:sorY rroro ~hen rema~~ing unpa~d, woA interest acuued, a.^.d atl moneys setured fiereby, shall become dw and pay- ~
•ble fo~~hw~th, o. fhereafrer, at ihe opnon of sa~d A10RiGAGEE, as fuily and comptetely as if ep of t~ sald auma oi muney were uqin~lly iGpulated ~
lo be pe~d on such dsy. ~nyrh:~g in sa.d pro:n,:sory ~ore w in th~s Mortgage ~o ~he co~rrory no+w;ths~and~ng; and thereupon p theraaiter •1 the.opt~oo of ~
said MORTGAGEE, w~rhout nonce or demend, su~t at law or in eqv~ry, ~herefo~e or theresfrer beg~n, may be prosetuted ~s if all mw~eys tecur~d he~eby
had mawred pr~or ro ns ~ns~~t~ho~. .
7. ihat in the e~ent rhat a~ rhe beginn:ng of or ~t any time pend~~g any suit upo~ this Mo.tgage, o~ to fwetlose N,•a 10 ~~form fl, p~ to eniwc~
psymeM of any c7a~ms hercu~~drr, ae~d MURTGAGEE sha~1 epply to thr Cow~ hev~ng jv~~sd~ct~on thereof fw ~he appoimment of ~ Receiver, svch Cour1 shsil
forihwrth dppo:nt a rece~.er of sai~ rno+tyagid property af: and singufer, inttvd,M~ alt and singular the entome, piofifa, issues ar.d revenuCS {rOm whatQve~
wurce drnvrd, each and every of w~, ch, ;t bz,ng expressly undersuiod, ~s F.ereby mo.tgagrd as if speaf~caity Kt fo~th and desuibed io the ~ranting and
habendvm clauses herrof, and such Recr~.er shail have all the br~ad and effect,ve f~nct:ons and powers in anywise entruued by • Court to ? RKeiver, ~nd
wch appcinrmero ahaU be mads by such Coure as an sdni~ird eqvity and a maner of absotute nght ~o said MORTGAGEE, ~nd without retmence to the
edeyvacy or ]oadeqoacy of the va!ue af ~h¢ prope~ty mortgaged or to the so.v~ncy or ;nso!+ency of sa~d MORiGAGpR o~ the defendants, and that such r
rents, psofin, intome, iasues and re~renues shaH tx appi~ed by tuch Rece~ver ac;ord~ng to the I~en a equity ot seid MORIGAGEE ind the pr~ttice o( suth
Court. , .
8. To duly, p~omptly end iully pe.iorm, d~xharge, execote, efFect, compleee, compiy wilb ~nd ~bids by eath ~nd every tM stipviations, ag~eertxMS,
cond~tions and covenanrs ~n sa~d promissory note and th,s mortgage ut for~h.
4. That in the eve~t the- owne~zhip oF rhe rnortga~ed p.em~ses, or any part rherecf, becomes vested in • person other then the MORTGAGOR, the
MORTGAGEE, its successo~s and ass;gns, may, ~v~rhav~ not~ce to the MORTGaOR, deal with such suctessor w'succrssor in intereit with re~erence to thia i
mo~rgaye and ~he debf hereby sec~red in the same manner as wnh Mortgagor w~thout in any way vit;sting o+ dncharging the Mortyagori' liabifity ~ra ~
under or uFan the debt he~eoy secur~d. No aaie ot the F~emises hereby mo~tgaged snd no (orbearance on the part of the MORTGAGEE or ita sutcesson
o~ ass~gnl a~0 n0 tarenSion Oi tne rime i~r ~i~e peyrncni vi iS.r axui :~r~c:.~ so:..:~.~, yi-.~ ~~orrer_cc :a4 ~na .}ull an~ral~
to re!ease, d.scha:ge, rnodify change or •ftec~ tt~ origrnal tiabilay of the M01tTGAf;OR Frre:n, sithsr in whole p in psA.•~Na ~ - ;
10. It is spet~~~cal:y ag+eed lhat time is ef Ihe e?serxe of this cantract and that no waiver oi any obl~g~t'wn Mr~ynd~~ e~ of th! obli9ation se- ~
cured hereby aha!t at any time thereatter be he!d to kx a,Ka~ve~ of the terms A~repf or of the instrument sscured Mrby. • ~
~
11. In a:idt,on to the forego ~~g mor.th:y paym^nts of pnnc pal and intereal requued by the p~om~aypry rple secured hereby, oWttgagor coveMnts
and ag~ees to ,zay ro r~.o-tgaqee v.rth each monrh:y i;ay: eer.t an add~~;onal sum esnmsted by mwigagee to be eqval to l 112 of the annwl tost of the follow-
~ng: ~
A-A~I .eal properf~ ~a.es !r.~.,~ or a:sese~•d agal•:st the above drsc.;yed real esrate.
B-Drem~.,ms on fr.e and w,~~,~o•n, ~nsu~erce as Fe•_~n requ:r~ to be ca•ried cn ihe improvements s~tuate on the above described premises.
C-Pre~~w~~~s on such mortg;g~ guar3nty ir.sv~ar.ce as rnoufgagee thai! fro:n 1 me to timr detm fi1 to cany pn the (oan seCUr~ hereby.
Mortgagee sh3'! !rem t~+„e to t~:* e nor~'~ mortyag~r ~n n~nt,ng of the amo~nt d~e. and paysbte heceunder a~+d such sum ahaU therevpon be due and
payabte on the d;;e date of rke rext mo~rMy paym!~nt and each svccessive ~++o~th theveafte~ ur.til mortgagee sha11 no~ify mortgagor of a change in auch
amovnt. S~ch sums shz ! he app:~cd by mortqag.•r t;,nard fF.e payment of reat property taxes, insurance (xem:ums, and mortgage guaranty inWrarKe
premiums.
IN WITNESS ::NEREOF, the said MORTGAGQk has hereunfo set his her,d and sea( the day and year u afortsaid.
S~ $ealed an liv `t resence - _ • ) ~
~ • `.J ~
~..a~~ - .n
J ~ ^ ~ . -(5°,q
I "P~ ~ ; ~
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SiATE OF FLOR7DA
~
COUNiY OF St . I.11C~@
~ - ~
Befwe me perwrtatly appeared _ Z.11~5 A. Cata
and
' Dinozah I.. C,sta
h~a w~le, to me we!! known and known to me to b~
I the individual~ described in and who exec~ted ihe forefla instrument, ind acknowtedged before me that they exe~~ed'fi?Y:fame fo? the purposes
f Y
ther._in expresse~. And the sa:d_._______~___ ~ noxah ~:8ta _
' w~ie of the sa~d ~ ~li S ~ . Cata . . - ~ .
. „~f,!,~! i.?s±:+~ .~a ~~Y.a
exam;nat:on by me taien aeparate and apart from her sa~d h~sband, atknowledged to and before me that ihe a~tttyf~~t{•~~_)r~e~y and yp~~n.
rarlty ar.d w~thout any ~ompuli~ch, constraint, apprehens,on~r fear of or from her sald husbsnd. '
pz~[i ~ ,r,'•
Y~ITNESS my hand and off~c~a1 seal this___~1_~ _ day of 5 ~z '"1 •i .;A, D. 19 76
;,s~.. ~r-
' ~ ,~w
r, .
oeary Pvblic ~n snd fW 1'51~~~ •f~Ofidi~ lpp~ ~
My Commissiort expireu ('p ~
Retum io: ~ ~ -
. , ti ~ ~
first Feder~l Savingt d. loan Asu,ciat:on , „
Of F~.~ p ,,.Ce .
Fort F~e~ce. Fiorida
This tnstrument Prepared By •T. Hal RobeZts~ Jr. ,
First Federal Savings 8 Loan Associatio~
- of Fort Pierce~ Rlozlda F~~Ep pk~ FtG~R~EO
S~. Lt1CtE ~O~Mn Fl~.
Checked B 1~~ ktCE: ="v~'R?S ;
y ~t~ KK G; ,r.t,;iS CCURT
arr~F-. ,~c-
3~fi~~:~i (k~ I I I 58 AI'~ ~7~
e~ ti 2~ pA6E u~~
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