HomeMy WebLinkAbout0980 TO plett •nd tonhnuouf~y Aeep on the bu~'d~n9s now o? ~e»a11~~ f~wete on sa~J I~~~d and on ai; ~qv~p~nent ar+d perwnsily to•+e~ed by ~hi~ ma~g~
~g~, wilh all premiums Ihc~ton p~:d in full, hra i„~~ru~ce m ~M wwl sta~xfa~d ~.o'~cy form, in a sum app~orrd by ~hs MOR~GAGEE, a~d w~~d~~wm
iniuranc~ in ths usual stanJerd po~,ty la~n, in a s.,rn ayprov.~d by ~M MORiGAGEE, in ~uch con~pany or compan~e~ as ~M MORTGAGEE ~++~y~
dilKlp and all fire and w~nd~ro~m infuranca poi~c;es on +ny ol w~d b~,~td,np~, ~ny inrera~~ ihere~~ cr psrf Ihcreol, in th~ agyrey~~e wm afae~aKl a
M~xtesf ~hercoi, ahall con~ain the u~ua! ~tandxd rr.atgage~ dause or such other cl+use ~M Mw~p+yee mey requu~, m~kinq ths lo~i unde~ ~a~d poli~
dts, each •nd every, p~yab!e to ss~d MORIGAGEE a~ ~h in~ere~I may eppe+~, and eacA and eve~y tuch poi~cy shall be prompt~Y +~+9^ed •"d d~iiversd to
~ny held by said MORiGAG:E as ~urther security ro sa~d mor~gage dcb1, ?nd, not les~ 1Mn 1sn (101 d~ys in advaoce of the e~pir~lio~? 01 rach poGty, to da ~
IivN to ~aid MORiGAGEE e rtnewal thrrrof, 1o9e~her with a rete~pl fw ~he premwm o( su<h rene+va:; and there sha11 be no 1~re or winds~o~m infuranc~
plactd on ~ny oi sa~d build~ngs. •ny ime~es~ therc,n a pa~1 thereof, unlei~ in the form and w~th ~F+~ lo~s pa~ai;le a~ afo~es~id; ~nd in the event ~ny wm ~r~
of money becanet payab~e undsr sucA pol;cy w poGcres sa~d MORTGAGEE shall h~ve ~he ope,o~ ~o receive and app~v s+'~~~ o^ accoum of the indebted~
nOff ~ecured heiEby O~ t0 permit said MORTCsAGORS lo ~Keivs and uss il W any parl therco~ fo~ ocner F.ur{.osrs. w~~hout th o/ +va~.n~~ o~ unpeu- w
inp any equ~ty, lie~ a righ~ unda~ w by virtue of ~hii mofsgsge; snd i~ tM ~veM sa d MORTGAGORS shell (w any reason fa~l ~o keep the sa~d prem~ie~ w
In~ured, w fail to deliver p~omptly •ny of said pol~cies o) insuranc~ to sa~d MORIGAGEE, w fa~~ promp!ly ~o pay tulty sny prem~um :l+erefw w in a~y
nspecl lail to per(orrty d~scha~ge, execvte, eflact, co~+~p~ete, conply with and ab~d~ by th;~ covenan~, o. any psrt hereof,;a;d MORTGAGEE may piace a~a
pay fw wch inwrenu o~ ~r+y part thereof w~~hovt waivi~q or afFecting any op~~on, li~n, egu~ty, or r:gh~ undsi or by vir~ue of this Matg~s, •nd the ~ i
full amovn~ 01 sacA and ev~ry such paymem ihall tx immedi~tely dve and piyable and ~ha~l bea. ineerrst from ~he date thereof un~il paid ~t the a~~ ol
nine psr ceMUm per ennwn aod togr~her with auch i~itr~eaf s1u~~ tx srcure~d by ths tien of thii mon9aga. ~
1. To permit, commit w sufler no wa~te, impairment a deter~wation of uid property o~ any paA tlxreof.
5. To pey ~II snd tingulu the cosls, charget and expe~~ses, including a reasonable ai~orney'+ fee and costs of abstracts of title, incurred w paid at _
any lime by said MORiGAGEE, Ixcavse a in the event ol the (ailure on the pa?~ of ~he said MORTGAGOR to duly, prunpttY end fu~ly pe~lwm, d~uharg~,
execute, efiect, tomplete. con+ply w~th and ab:de by each and every the st~pulatwns, sgreements. ca+d~~ions. ~nd covenanh of ss~d promissory note and ~hif
mortgaye a~y w e~~he~, and sa~d coa», cAargcs and eapenses, each and every. ahall be immedia~ely due and payabte; whe+he. o~ no~ ~F~e~e be notice d~
mand, attempt to co?lect or suit pendmg; and tM tull amovm of eacA and every wch payment shall bea. imeres~ from the date the~eof until paid a1 the
rare ol ni~e pe~ centum per a~nurn; and ell said cos+s, cha~ges and expenaes incurred or pa~d, togcther w~th iuch interest, fhall be tecured by the lien oi thi~
mortpsy~. '
6. That (a) in the event of any brexh of lhis Mo~tgage or default on the pan of the MORTGAGOR, o? (b) in the event any of ssid sums of money
herein refar~d to be no1 promprly and tully paid w~~h~n th~rty (30) days ~ea~ afr»r the same severa~ly become due and payebk, withouf demand or notice,
or (c) in tF~e event each and erery Ihe stipu;at~ans, agreements, cond~tions and covenants o1 sa.d promissory note and Ih~s moclgsge any a either are no1
~uly, promptly and (ully performed. d~scharged. exec~ted, elfected. completed, compl~ed w~th and ab~ded Sy. ~her? in e~the+ o~ any such eveM the sa~d ag
preyate ium mentioned in seid promissory note then ~emainirg unpa~d, with inreres~ accrued, a+~d atl moneys xcured hereby, shall become due and p~y~
abk fathw~~h, or thereafrcr, at the oprion of sa~d MQRTGAGEf, as (ully and compte~e~y as if atl of the w~d sums of money were ag~r+ally sripulated
to be pa:d on wch day, anythi~g in sa:d promisswy no2e or in this Mwtgage ?0 1he contrary notwithstendh~g; and thereupon or thereafte~ at the opl~on of
said MORTGAGEE, without not~ce or demand, suit at taw a in equity, thcreFore w therea(ter begun, may be p~osecutetl as if sll moneys secured he~eby
had matured prwr to As inst~tuuon.
7. That in the event that at the begin~ing oi a at any time pendi~g any su~t upon this Morlgage, w to foreciose it,.or to retwm it, w to enforce
payment of any claims Aereunder, said lJ1GRIGAGEE sfiat~ apply to ~he Cwrt having jurisd,a~on thereof for the appo~mment of s Receiver, such Court shall
Fwthwith ~ppoi~t a receiver of said ~nwfgaged property all and singulsr, includ~ng all and s~ngular the ir.come, p~of~ts, issues and revenues irom whateve?
source derived, each and every oi wh~ch, it being expressly u~derstood, ii hereby mortgaged as if spec~ticatly iet fo~~h and described in the yranting and
habendum clavus F+ereof, and svch Receiver shall have all the broad and eifective fu~ct~ons and powe.s in anyw~se entr~sted by ~ Cou~~ to a Receive., and
s~ch ~ppointme~~t shatl be made by sucA Court as an admitted equity and a maner of absol~te r~ghr to said MORTGAGEE, snd witl~out ~efer~nce to the
adeqvacy w inadequacy of the vafue of rhe p.operty mor~gaged o~ to the so:vency o. msolvency of said MORTGAGOR w the defendanti, and Ihat such
rents, profits, income, issucs ~nd revcnucs shall be applied by such Recener accord:ng ~o the tien or cquity of said MORTGAGEE and the prad~ce oi such
Covrt.
8. To dufy, promptly and fully perform, d~scharge, execute, eftect, complete, compty with and abide by each and every the stipuletions, sgrcementi,
conditwns and covenants in se~d p?omissay note and th~s mortgage set fpth.
9. That in the event the ownerahip of the mortgaged prem~xs, o~ any part thereof, becomes vested in a person other than the MORTGAGOR, the
MORTGAGEE, iq successwa snd ass~gns, may, withou~ nor~ce to the MORiGaQR, deal with such successw a successw in interest wi+h reference to this
mwtgsge and the debt hereby secured in the same manner as with Nbrtgagor w~thout in any way vif~ating or d~xharging the Nbrtgaqori lisbility 1?ero-
undet a upon thr debt hereby secured. No safe of the Frem~ses hereby mortgaged and no forbearance on the part ol the MORTGAGEE w its successors
a assigns and no extens~on of the time fo~-Nx paymem ot ~he deb~ hercby secured 9iven. by the MORTGAGEE or its successus or au~9ns, shall operate t
to release, d~scharge, modify chanye a afiect the origi~al liabil~ty of the MORiGAGOR here~n, either i~ whole w i~ pa~1.
10. It is speu4ica11~ agreed tMt time is of the easertce of this contract and that no waiver of any obligation hereunder w of the obligaYan sr
tured hereby ahatl at any time therea(ter be hald to be a waiver of the tcrms Fureof d o1 the instrumeM secured herby. '
11. In add.~~o~ ~o the fo~ego'ng month~y payments of pri~c pal end inreres~ required by the p~a*+~ssory no~e secured hereby, mortgagor covenants
and ag~ees ro pay to mortgagce with eacb tr+onthly pay.neM an add~rional sum es~~n,ated by mortgagee to be equal to 1/ 12 of the an~rual cost of the follow- ~
'ng:
A-All reat property ta~es levle,a. w assessed ayai•~st th~ above desa~bed real estate. i
B-Prem~~+ns on fire and windsto~m ~nsura.•ce as ne~c~n rcqu:•cd to be tarried on fhe :mproveme~ts situate on the abovc dtstribed premises. '3
C-Premiums on such mortgage quaranty insurar~ce as mortgagee sha~l from t~me to nme deem iit to carry on the loan secvred hereby.
Mortgagee shall fr~n time to time not~fy mortgagor in writing of the amount due artd payabte he~eunder and auch eum shal) thereupon be due end _
payable on the due daR of the next momMy psymero and tach svccessive month thereafrer umil mprtpagee shstl notify mortpaga of a change in such -
I amount. Such sums sha~l be applied by morrgagee roward the paymcnt of real property taxes, inwrance prem;ums, and mortgage guaraMy insurance
premiums.
IN WITNESS V4HEREOF, the aa+d 1NORTGAGOR has hereu~to set his hand and seal the day and y rst afpe
Signed, Sealed and delivered in the presence ot: fILEO AN~ RECOHOED
ST.IUCIE COUNTY FLA. ~ . +4
~ ROGER POItRAS ~ {5ea~)
- CLERK CtRCU1T COt1Rt ~ ; Sean
RECOR~J YERIFlED
(Se+~)
STA1E OF FIORID `!~4 `~'1 DH ~'~'~L- ~
COUNTY OF SL • L11C1@ ~ ~t F 3a7p'~Do
Before me personally appeared ~ Patriek Roaolino .~,a
J~ree Roc~olino his wiie, to me well known and known to me to be
1he individwl~ described in and who executed the foregoinp instrument, and ecknowledged befwe me that they executed the same fw the pvrposea
therein expressed_ Md the said '~~e ~O(JOli!!O
wife of the aaid Patziek Rogolino upon a sepsrate and privste
examin~t~w? by me taRen uparate a^d apart from her said husband, acknowledged to snd before rtK that she exetuted said instrument frcely and volurr
tsrily a~d without any compuision, constroint, appreheni~on, or1ear of or from her said husband.
WITNE55 my hand and official sr~l this__ °2~ ~~L _ day of `~8 ualy A. D. 19 ~7
Notary Public a iw the State of florids et Large '
My Commisiron expires:
Return io: NObry Pul~lie, StaFa ol h~~`~~•, t-•~~
Fint Federal Savings d. Loan Association 1Ay CeRwnisLOn ExF~~~ 1•~f .2, 1 t!!
Of fort P;erce. ~d bp Ar~erk~on /'he 8 Cccvoify ~p,
Fort Pierce, Florida 1 ~ ~
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This Instrument Prepared By •j. Hal RObezts~ J2'. ~ , • -
~ First Federal Savings b loan Association . _
, of Fort Pierce~ RloTida = _ ~
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Checked By g~ : _ =
OAR'~~ PACE ~ • . ~ , - - ,
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