HomeMy WebLinkAbout0818 S. To plac~ and contir?vo~~ly ke~p on ths buildirqs oow or I»nafiN ~itwro o~ saW land ~nd on ~II equipm~nl ~nd pNSOnalty oova~ by ~his mat¢
p~, wiih all premiums tMnoe? pa~d i~ ~ull, (in i~ur~nc~ io ~he usual uardard policy fwm, in ~ svm ~pprov~d by the MORTGAGEE. ~nd wi~bto~m
krw~na tn th~ uswl ~und~rd policy iarn, in ~ sum ~pprowd by th~ MORTQAGEE, fe wch tomp~nY a oompaniq a 1M MORiGAGEE may
dinc~t w+d all fu~ ~nd windirorm inswa~q polici~s on ~ny of said buitdinp~, ~ny IntK~~t ~Mrein or put tMt~ol, in tM pyre9~~~ wm afae~aid a ~
M~aoea tMreot, ahall comaM tM usual standud mwr9a~ clau~ a wd~ o+M. dws~ a~ tM Mlonyape~ may rpua~. nuki~p IM lou ~nda aid po1F
ciN. ~ach ~nd ~very. payabk w uid AhORTGAGEE a i~s inte~es~ maY +ppex. u~d ~acl? a„d .very ~uch poi~cy •MII b. p.anp~ly au q~.d and dNiwr.d a
+ny Mld by s~id MpRtGACsEE ~s (v.ths~ sec~.iry to saW morro~ d~W, and, not 1~it tMn t~n (10I d~YS in adwnce of tM ~xpir~tion oi t+ch polity, ro d? ~
liwr b~aid MORiGAGEE ~ rs~twal 1her~of, 1ope~FNr with ~ ntsipt fa tM pr~mium of suth rMewalj ~~d ~F~~ shall b~ no f'us a windslam insuranc~ ~
p~~ad on ~ny of said buildinys, u?y int~tesl tMr~in w p~rl tF~~eof, unku in ~M fam ~od wi~h tM loas payabt~ as da„aid~ and in tM ~wnt ~ny swn
of moMY becanta p~y+b1~ ~nd~r wch polity a polici~s s+id MpRiGAGEE sha~l haw IM optan ro raceive and apply tM sarrK on aaounl o~ tM k~d~bted~
nsas Ncu+~d hK*by a w p~.mit sald AAORTGAGORS ro r~aiw and us~ i~ or •ny par~ ~hereof fo. onc~r purpoaei, wi~hovr ~he.Eb~ wai~i~g a~mpa~r- .
inp ayr pvity. li~n or right u~ or by vtrtu~ of this mortppr, ~e+d h+ the rwi?t ~ald MORTGAGpRS ~MII fw any naion iail to kNp tM s~W p.M+isa ~
imu~d. w f~il b d~livt~ pron~ptly ~ny of said policiea oi kwwsnc~ fo said MpRTGAGEE. ot f~il p?ompNy to p~y iulfy ~ny prcm'wm therelp q in ~ny
rKp~ct fdl w pMfwm, d~xhary~~ fXKYt~, effeu, compl~% comply wi~h +nd abid~ by thii covenant, or ~ny psrt hHwt, said MORTGAGEE may ptac~ and ~ .
p+Y tor wch inwrance a~ny put tMreo! wi~hout walvirq a aff~ctinp any option, tNA, puity, o~ ri~ht w+da a by v~.tw of this Mortyape. ~nd ~hs
full ~m oi erch u~d ~r~ry s~ch paym~nt shill be invnediately dw and parabb ~nd aMll bear intersst from tM dat~ thHwf untll paid at th~ r~t~ ol ?
per c~ntum pK anrwm and toyc~her with such i~tere~t shall b~ iec~r~d by tM li~n of Ihis mortg~q~.
4. To pamit, oo~rwnit w wi(sr no waat~. &npsirment o~ dttetiw~tion of said propKty or wry/ put tFweof. {
S. To pay all and shgvlu tM cos», cMrpes and expente~, inctudinp • ressa+sbh ~ttwney's fas ad cosn -of ~bst~acri of title, incuned w paid at ~
•ny fim~ by ssid lNORTGAGEE, b~c+vts o~ in the event of tla i~ilw~ o~ the p~rt of tFw said IYIORTG/1GOR w dvly, promptiy ~nd ivlly pKfam, d'acha~y~ i
exccvt~. ~ffact, compl~ts, cornply w~th and ~bid~ by eacfi a~d every th~ stiputations, ~eemeny„ conditioeu, ~nd oown~nts of said promis~wy ewte and Hw `
mo.?9ap~ any or either, snd aaid costs. cMrpe~ ~nd expenses. e~ch u+d ~vary. shall be imm~diatsty due ~nd payabl~: whett~t~ or not thcr~ b~ ~wtice da j
mand, atesmpt to collect a suit pend~ngs ~nd th~ (ult anqun~ of sach and every wch payrrwnt ~M{I beu inte.~st irom ~M dat~ tM~wf ~ntil p~id ~t the
rare of nir» pe~ centum pe~ anwm; and ~11 said coats, cha~~s and lxp~nset ~naxred or paid, togdher w~th tuch intsrtst, shall b~ s~wr~d by the li~n of thii -
'naN9aW~. : : ,
6. ifiat (a) in t6s evant ot any breach of this Mort~ape a d~(avlt on tM psrt of the MORTGAGOR, w(b) in th~ ~wm ~ny of wid wms of wwn~y
herein ~~ferred to-b~ not p~omptly and fully p~id wi~hin thi.ty (30) days nex~ afra the sarn~ ~eve?ally becwne dw u?d payabb, w~thout damand a notke,
o~ W in tF» event each and every ~he stipuiatio~s ~greeme~ts. cond~~;a?s erK! cov~nt~ oI sacd promiuory nwe and Mts mortpayt ~ny or tithsr u~ no1
fi+h. PromPdY +nd fullY p~rfwm~d, d~scMrged. executsd, effected. compl~red, complwd with and abided by, th~n in athe~ a aMr wd+ ~wnt tM s~id ~
pre9at~ sum menrioned in uid promiuory eats lhen remaining w+paid, w;th inrsrest acuued. and all moneys aecu~ed herebY. sF~ll becon~ dw and p~r.
eble iwthwith, a ths~eafter, ~t the option of said AM1ORTGAGEE, a~ fulty and compl~tely as if all of the iaid wms of morwy w~~e`'ai~indly ttipulsted
to be pa;d on wd? day. anythinp in ss;d prom;ssory note a in this Matyage to tM cont.ary notwithstandinp: and thereupon w thereah~? at tM option of
seid MORTGAGEE. without notice w denw~d. wit at ~aw or in pvity, the~etwe or tF~ffNIfN begun, may bs prosecuted u if atl moe~epa ~ewr~ h~teby
had enatwed pio? to in institution.
7. That i~ ths event that at the beginn7ng of w~t ~ny ~irn~ pending a~y wit upon tha Mo?tgsg~, or to fweclos~ h, a to r~fonn N, a to Mforp
payme~t of any d~ims herev~ds~. ~aid MORiGAGEf •hall apply to the Goun having jw~sd~an ~hc.eof fw the +ppointment of a Recsi,rN. wch Cowt sh~lt
forthwith sppoinl a roceiver of ssid mort9ayed property all ~nd sirqulu. inclvd~ng sll snd sirgular the income. profits. issues and revenues from what~ver '
aowce de~ived, each and every of which, it beinp expressly unders~ood, _n hereby mwtgsged u if spec;ficalty set forth snd dssc~ib~d in the pranrirq snd
hsbendum davses hereof~ ifld SYCI1 RKQIVN shall Mve dl tl+e Moad and effecrive funcfwns intJ pOwlrf in ~f~ywlf! MtfYStld Coun ro~ Rece'ner, ~nd
wch appointmem sha11 be msde by wch Cowt ai an admitted equity ~nd a mrtte~ of ebsolute rgM to said N1pRTGAGEE. and wiffiout nierence ro tM
adeqvaty a in~deqvacy of tM wlue of t!k properry mo.tgaged or to the sorvency or insolvency o( satd MORTGAGOR a~he defendams, aod that such
renrs, p~ofits. incoms..luues and nvenues shall be appl~d by such Receive~ accwdinp to the lien or eqviry ot uid NIORTGAGEE and th~ praaice of such
Court. -
8. To duty. promptly and fully pNform, d;schsrge. execute. ~ffect, complNe. comply wi~h and ab~d~ by each and evKy tlis stipulatioru, ay~eementa,
! conditiot~s ~nd covenants in sa~d omis
f pr sory note and thia mort9ay~ aet fath.
; 9. That in tM evem the ownersh;p of the mo~tga9ed prem~ses. or any part thereof, becomes wsted in s penon othN than th~ MORTGAGOR, ths
I MORTGAGEE, its successors a~d suig~q, may, w;rhovt no,ice to tM MORTGAOR, deal with s~ch successor or succesiw in interest with reference to this
mortyaye and Ihs dcbt hereby setvred io the sams manner u with Mwtgapw without in any. way viti~tirg or dixharpirg ih~ Mwt~apprs' liability herr
under p upon the debt hereby iecwed. No ssle of ~he premixs hcrcby mortyaped end no fabearanc~ on tM p~rt of tM MORTG/1GEE p ib wccessors
o~ ~uigra and no ext~s'ion of the time ,fqr the paymenr of rhe debr hereby secured yive~ by the MORTGAGEE o. in sucoeswrs a assipro, sMU opaatt
I to release, dixharpe,'hiodiy d~inpe Or affect the a3ginal liab~l~ty of the MORT,CsAGOR herein, either in whot~ o? ie put.
10. It is spec~fltally ayreld `hi~' time h o~' the esience' of thia con~rtct ~ni! fhat rio wsivw of 'iny ob' 1'igaYan her~under a of the obli~tion ss-
~ cvred her~by sh~lt u arty tirn~ dur~a/r~r be held ro M~ wsiver of th~ tar~s h~reoi•or of tFw I~strwtKnt secured Iwtby. ~ -
' 11. In addirion to ths fwpa'ng nw?~thly: psyrrwnts of princ:~+l and iMertfil' rpuirrd.:bY th~ Wamiswe~r note fsc.lued hereby, mottyyo? eownaMs
and agrees to pay to mort9ag~e yrith cac,h mo~thly. paYrnent add,rional twt~. est~atsd,by mqr~9aaee to. be eqvat. to 1/12 of the annual co3t of the follow-
~ , . : = . - . . ,
E . . . : ~ . . . ~ ~ -
~ A-All ~eal p'~operty'fazes~ leviei! br assessed aga7~st the above dexrfbed real estata ~ , .
~ . B-Premiums on fire and windstorm inwrance as herein requ~red to be "urried on the improvements sitwte on the sbove dewibed premises,
~ C-Ptwni~r+~s ori sud?'matgap~ guxsiiy in~wu,oe es mbngages shsll /rom f~~ to`time d~em fit t0 pil~'o~ the fosn tccured fxreby.
i MQr1ga~ sF~aY ~rom Nme to Nms notify mortQ.+gor io writinp of tM, emoynf du~ an~ WY~bls herwnder +qd sud+ wrr shsN thlr~upen 6i due and
i paya6le o~ the due date of the r.ext monthly payment and ~exh s;xce~sive mon tF?eresfter ur.til mortgagee sha11 not;fy mortgagor pf a chang~ i~ wcl?
~ pp ' by m.ort ee towa~d the
' amouM. Such sums shtJl be a i~ed 9ag payme~t of real p~operty ta:es. iruurante prem:ums, end mwfgape gwr~nty insurance -
premiurtss. -
~ IN WITNESS WF~EREOF, th~ ssid MORTGAGOR has F~ereunto set his hand and seal the day ~nd yeu first afores~id.
~ Siprnd, Seal~d snd delivered in the p~esenos of:
r_ ~
f - ~ 1 rf ~2 a~ ~~r
; ovu{ on r i ~
f Eo~
~NO eECORa~~ ~
~ ~AOCER
~ u!v1T.f! f s w ~
-k~ ~ s~ ine - ~ ~ ;
~ CLERR C+RCUIT
CCURT ~ ~ ~ '
STATE OF FLORIDA R~c.RO t?ERIF~E~ ~ ' ~ : : ~'f~ ~ . ~1 % • r.:=-%
~o~rmr oF st. t.u~~. , = '
i ,~s
_ ' ` : - (
sefwe pe.,onsuy .ppe~.ed Anthony Arcur i ~ ~-r-~•y ~ z--_ .~a •
i .Tos~pbine F. Arcusi - . ~ ~
his wife. to'~Pl~MreY.k^ow^ xl~' . a me w be
~ tne indnidwts dexribed in and wFa exacvted th~ for~oinp irohurt~snt, and ~ckrwwledped befwe me tMt theS?.dcdw~/d•Nllr'a~R~l?}~Hy p~~ppN~
therein ~xp~essed. Md fhe sa~d ~pilQ~i~_ ~~{1!~ ~~+i~ IC }-Zl'
~
{ .~~?/3
wifs of tM said ~ntl~n•iv Arcwr{ ~pon •~p~~q a~d prn~r~
~ exsmin~tion by me taken sepsnte and ~put from her aeid husbu~d. +tknoM,ledged fo • befae rtw that she execvted said irutrurnent freeiy and voluo-
~ tarily and withoul ar?y tompulsion, constraint. +ppre er fe~r of o? from he~ ~s ry
WITNESS my hand and officis! sesl this ! ~y o{ A. D. 19_L
c
i
- Notary P blk for the State of Florid~ at lup~
Return 1a. µy
First F~der~) SavinQs 3 loan Association
Of Fo~t Pierce. .
fwt pierce, florida ~ry S~! 0~ RO~Idi it ~it~
~"~01 E~++ 30, 1980
i.+a+ i r:. a c«.,r. c_.~.,~
This Instrument Prepared By Grol B. 8nzps ' ' -
Fi~st Federal Savings d. loan Association - ~
. ot Fort Pierce~ R~rida ~
Checked ey i' `
' . iOWc~Y1~iG f.,~E ~
. ~ ~ . ~
. £ . ~