HomeMy WebLinkAbout0391 J. io ptac~ and co~iinuo~~fy kcep on t?ro 6~~ .I~,:u± now o~ I~ere•teer u~u~~~ on sa~d Iend ~nd on ~II cq~ip~.+~m per~or~~ily cova+ed by .ao+~q.
p~. w~th •fl p~em~umt thereon ps~d ,n lul~, fuc ~nt~.an;e ;n H~e wwl ~r~rxiud po'~cy lorm, in •?um ap~uo.cd by ~h~ MORfGAG[E. ar~ w~~xi~to~m
inivr~nce in tM ufua) ~tanda~d poLty fo~m, in a~wn appro~td by ih~ MORTGAGEE, ~n ~uch tomWny o? tompa~~ss ~1 ~M MORTGAGEE may
d~rttl; u+d ~II ti~• ~nd w:~xl~torm insur~nce pc:~c,rs on a~y of ~a~d bu~ld~nyt. ~ny in1~r~+t fherein o~ par? thc~eol. In 1!~ ~pprcy~~e wm da~uid w
In ~xceff ihe~eof, shall confan tha u~u+i ~~ondard ~na~yo9ee dauie o~ •uch o~hsr d~use ~a IM Ma~yayee may requu~. ma4~np ~~+e ioa~ unde~ sa~d poli~ j
ci~s. e~ch and •very. p~rao;e to said MORIGAGfE ~s .e? ~mc~e~t n,~Y ~Pptu. and each •nd ~very such podcy ~h~ll b~ p~ompNy ~~syned •~d de~;Yered to
~ny held by ssid MORIGAGEE a~ lwelee~ ~ec~i+ty ~o ~~id nror~page debt, and, nol lQti ~han t~n (10) d~yf in ~dwnce ot tM eapirae~on ol e•ch po1Ky, Io dr
liw~ to uid MORiGAGEE a ~en~wai thereol, toge~hcr w~~h a rece~pt fw Ihe pr~.ni~m ol tuch renew~l; ~nd tAers s?ull bs np firs o~ w~ixi~twm in~ur~nc~ 4
p~K~d oo ~ny o1 said bui~din9t, a~y intcrest th~~e~n or parl ~hereof, unless in rM torm •nd wi~h th~ Ioss p~Yab~e ~s •iw~said; ~nd in tFN w~M any awn
of mpn~y beco.ne~ p~ysbl~ unJe~ wch policy a pol~c~es uid MORTGAGEE shall heve ~hs opfwn Io ~ecorva •nd appf~ th~ •ame on attovm ol the indebted- -
~ess sec~red he~eby a to pe~nut fa~d MORTGAGOR$ ro ~ecriva •id use i~ p eny pa~1 the~eot to. o:~~er pur~.cses. ~,•rhr,~t rh,+, u~ wa~v~ng o~ ~~npa~-
++p ~ay equily, l;Qn pr righf undr~ w by v=r~ue of this moregayo; snd in Ihe even~ sa,d MORTGAGORS shall fa ~~y re~son (ail lo keep the u~d premius w
insvred• w t~il ~o deGver p~omptly any of se~d polKcei of iniu~ante eo aeld MORiGAGEE, w(a~i promptly to p~y fulty •ny prem~~m tFurefw a in a~y ~
r~~pecf fait to pe.fam, d~scAuge, execute, efte;t. complete, comply wieA and ab~de by Ihia cov~nsn?, w~ny ps~t hereoi, i~~d MORTGAGEE nuy plac~
paY (a such insuranc• a~ny parl ~hareol wAhout waivinq or •f(eding any opf~. li~n, equity, w righf unde~ o~ by virt~ o) thi• Ma1ga~, ~nd ths
full ~mounl 01 e~ch and evtry such payment ~hall be ~mmediately due •~d p~yabl~ •nd sMll bear inrerest from tM d~te thc~eof vntil po~d af th~ rals ol '
n+ne per ccntum per snnum and togethcr vv~th avch inte~r~t fhalt tx ucured by Ihe IiM ol thil mortyaye.
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1. To permi~, tommit p fu(ier no vva~te, impairmrnt or deterio~e~~on of sa~d property p~ny pert thereof. ,
5. To pay •II eod iinp~l+r the coats, clwrgcs ~nd expenus, includ~ng a reasonable attwney'~ (ee and co~ts of ~b~tnps of titls, incurred pr p~id at
a~Y by ~a~d MOR1GAGfE, becawe a i~ ~he event of tho fa~ture o~ ~he par~ of rhe •ald ARORiGAGOR ro duly, p~omptly ~nd fully periwm, d~~ch+rg~.
exccute, etfec~. complete, comply w~th and ab:de by ~ach and erery the at~puiar~on~. ~greement~. ~ond~t+ons. arsd covananrs af iaid pran':story ~o~e a~+d ~h~i
matgage sny or e~iher, and utd costs, charges and e~epense~, e~ch ~nd eve~y, shall b~ immedi~tety due •nd pay~ble; whether o~ nor nc~re be ~orKe dr
m~nd. •ttempt ro co:lect e~ wi~ pend.,~y: end tha fu1) smovm ot exh •nd svery t~ch paym~nl atiall bea~ in~erast from ~he d~l~ tMreol un1i1 paid a~ Ihe ~
rate of nine Ner centum ~xr a.~nu~,; ancS a11 se~d cosrz, charges and eape~,ses ~nturred w paid, togelher w~th suth imere~t, ahall bt fetured by Ihe t~ta of Ih~~
mort9age.
6. That (a) in fhe rvent of s~y breach oi ~F~i~ Morlqa9e w defaui~ Qn ?M part of fhe MQRTGAGOR, p fb) in the evenl any of ta~d sumt of money
he~ein ~~fened to be not p~anpi~y and !vtly pe~d with~n ~huty (30) d~ys ~eat af~er the s~me severatly become due and payable, wi~hout demand a notKe. '
or (c) in th~ event esch end every ~he s~iputarions, agreements, co~d+rco.,s and covenants o~ sa.d p+omiiwry note and th.s mortpape ~ny or Qi~he~ are nd
iuly, promprly u+d f„Ily p~~fonoed, d.uha~ged, executrd, e4fected, canplercd, con~p6ed wnh aod ah~ded `ay, then in e~~her a any ~uch ev~m ~he i+~d ag
pregate sum menlwned in said p~omi:sory note ~hen rema~ning unpaid, witA inferes~ acuued, a~d ail moneys secvred hsreby, thaH becom* dw and pay-
able io~~hwith, o~ theieefte?, a~ the opt~on of se~d MORTGAGEE, a~ fulfy and compic~ety as if aIl 01 thc uid aums o~ money were wqin~lly ~nFutat~
~o be pa~d on suth day. anything in sa,d prom~sso~y note or in thii Mwtgage to the co.urary notniihstandu,g; and thereupon o? Ihereafter at the ophon of
said MORfGAGEE, w:thout norlce w demand, swt al Isw ar in eqv~ty, therefure w the~rafte~ bcgvn, may be poxcuted ~s if all mor?eys ~ecur~d hereby
had m~tured pr~a to ~b institut~on.
7. That in ths eve~1 that •e ihe beginning of or ~t any ~ime pending any s~~t upo~ this Mo.tgsge, a ro ~wetiose it, w to refam it, or 1o enfo.c~
PaymeM of any ctaimi he•eundcr, said MORiGAGEE ~hat( appty to ~he Cowr hev~ng ~vnsd.ctcon ehereoi fw tAe ~ppo~etmene oi ~;ceceivs?, s~i Cw+7 s~~eei
forthwith appo~nt a rece~ver o( ~a~d mortgsged property aTi •nd s~~utar, inciud•~g a~1 a~d ~~nguiar ihe income, prof~t~, issues snd ~evenues (rom whateve~
wurca derived, each and evcry of wh:ch, it pcir~ eapresf!y un~ratood, ~s hcrrby rr.or~gagcd as ~f speuflc~(ly ul forth and destribcd in tAQ prannng ~nd
habendum clause~ hereof, a~d se.ch Recriver shaU bave alt the brosd and effecnve fu~ct~ons and powey in anywise entr~sted by • Court to a Receirer, and
such appointment shall be made by such Court as an admitted equ~ty ~nd a ma~ter af eGsolute right to sa~d MORTGAGEE, ~nd without referente to the
adequxy or inadeqwcy of t~e va~ue of the property rnortgaged or to tAe so.ve~<y w~nsotvency oi ta~d MOR1GAGpR a the defendants, and that ~uch
ronrs, profiq, inco.ne, isaues and revenues ahad be appGed by iuch Recener ecco~d~~~g to the lie~ or equity of said MORTGAGEE artd the prad~te of such
Court. -
8. To du:y, prpnptly a~ (utly p~rform, d~scharge, execute, effecf, comptere, comply with and •bide by e~ch and every the stipuiations, agresments,
condifioM aod covensnts m se~d prom~snay note and ~h[s morry~ge se~ forth.
9. Th~t ie the event the ownership of the mortgaged premius, a any part the?eof, becu..res ves~ed ;n ~ p~,yon other than the MORTGAGOR, tM
MORTGAGEE, iq successors ~nd augns, may, wishouf not~ce to the MORiGAOR, de~l with such ~ucccssot or successw in ime~es~ with ~eference to th~~
mongage and the deb+ hercby sec~sed ;n the same manner ~s w~ih Mongsgo~ w~~hout in any wsy vil~~tirg or d~xha.y~ng ~he Mortqagwi' liabi6ty hera
under w upon rhe debt hereby aecur~. No ss!e o( fh~ prem~ses hereb~ mortgaged •nd nu twbearance on ~he parf oF ~he MORiGAGEE w irs sxcessors
or ~ssigns and no eatens~on of rhe t~rcm fw the payment of the debr Fwreby setwed given by the MORTGAGEE or i~s sucussw• w~u~gn~, ~h~ll optr~t~
~o reieax, d~scharye, mod~fy cF+ange or affect the orig,nal Gab~uty oi the MORTGAGOR herein, either in whole a ee p~r1.
10. It is spctifitally agreed that time is of tM cssence of this comract and tiul no w~iver af any obtigat~on hereunder a of the obligation N-
cured heraby shaff st any time thereafser be he:d to be a waiver of the ferms hereof p ot th~ in~rrument secur~d hnby.
t 1. In add:t:on to ehe (orego ng mo~rhl~ paymems of ~;,icc pjl end in~er~sr .eq~~red by the prom~ssory noie secured hereby, mortgagw cove~anis
and agrees to p~y io mo-tgagee ~cith each mpnth;y payment ~n sdd~r~onal sum est~~nsted by mortgagee to be eqwl to 1 j 12 oi the annual cost of the fol{ow-
~ng:
a-a+i rea~ prpper*y taaes le.~ed or assesnrd aga~•,st rl:c a'cove deu~rbcd real estate.
B-Prem.~u~ns on 6re and w~„dsto:m ~nsu.arce es here~~ requ:red to be carr~ed on the ~ms,rovements sitvate on the above deacr~bed prem~ses.
C-Premiun~s on such mortgagc g0a~anty ~cswa~.ce as mortgagee shaR Irom. t mc to timp dcem fit to urrY o^ ~h~ ~oa~ sewred hereby_
Mortgagee shail f.crn t~me ~o r~~-+e not:Ey mo~tgagor te wr{r;nq oI the amo~nr due and pay~b!e hereunder and such su~ shal( thar~pon be dve and
payable on t}?e due date of the ne,~t month:y payment and each successive rronth the~e~f~er until mortg~gee ahall not[fy mortgagor of • change in such
amo~M. 5uch sums sHa:l bt app'~eJ by matgagee toward the paymen! of real property ta,ees, insurance prem,ums, and mortgage guaranty insurance
premiumt.
IN WITNFSS :i'NEREOF, ehe sa~d MORTGAGOR has hereunto set his hand and se~l the day a ~ sr,iint sfor id ~
Si Isd and deli ~d in the presence oi: fILEO AM~ RECORCEO ~
ST. ~uC1E couNTr Ft d, ~.~e--.-~
~t,~ QO~E~ POfTRAS o rnesen •n
CtERK Cf~CU1T COU ~,ry
~ RECOR~ YERtflfD Q ~
_ ~w'~ f, ~u ~ y ort de Arnesen,his
R YW ~L
SiATE Olr~ ~Y 01 CJttACA9 ~ ~
L1f~J1~r O! iH8 ~
1
COUNTY Of ~A~~
Alfredo J. ~-~~y
Before me perwnally ~ppeared Arnesen a~
Marv Cortez d@ Arnesen his wife, to ms well krwwn and known to me to
the lnd;ridwb desuibed in •nd who executed ~he fore9oirg instrwnem, ~nd acknowtedged before me tMt rhey ~xecuted rlie same for th~ pwposei
therein exp~essed. And ihe seid ~i~~~
wifs of the ~„d _ Alfredo .1. Arnesen „RO„ .~rate ~nd priwre
exami~atan by me take~ separate and ~psrt irom her said husband, ~ck~owfedged to and befwe me that she executed said insrrumeM freely and vplv~.
rarily and w~thouf ~fy~cpr~pyjsion.t~onstraint, appre ni, or fe ot or fiom her said hu nd:
WItNE55 rqy,.b~nd-yti~-p(11~Jsf ssst this__ d~y of v~ ~ F A. D. 19
.'tr~• ' , n~s; 1
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, _ 'r ~ •
i i, 7.:
~ R~Orn 10: _ ~ry 'p . •
Firtt'~fedAlf~ of !a ~ /4~1t.on M~ C. ~C~~j~A
~r ` p'.~ ~ ' ~'yoe COns~l of Unitsd ~ta1p~
fe.s w.+o,~«;~t: j. -
* ~f Amr,~ica
A . . _ . ~
~
This Instrument Prepared By John W. Collins
First Federaf Savi~gs ~ toan Association
of Fort Pierce, Rlorida .
Checked By l~r ~ ~ '
JWC : dag ~ ' ~
~