HomeMy WebLinkAbout0731 To plac~ u~ continuouily ke~p on ~M buitdiag~ now a Mn~itN shwN on said land and on all equipn?~nt ~~d paso.ully cov~?~d by this mwtp~ '
p~. witA sll p«mivnh ~h~.~on pa~d in f~?11~ fi~~ inw~~nc~ ie ~M v~wl a~udard pol~cy form, in ~ swn approv~d by tM MORTGAGEE, and winditw~n
imwMp in tM viwl uandard pol~cy forny M+ wrn spprov~d by ~M MORTGAGEE, In wcA canpany a canpa~ies p tM AFORTGAGEE ~y
dtndt a~d ali fh~ ~nd windstwm i~uw~na policis~ on ~ny of ~aid buildiop~, ~ny M+Nns~ tMrein w put tM.wf, in tM apqrpar~ swn ~la~said a~,,. y
tn ~xcNf tMnof, ~hall contain th~ wwl standud mwr~pN clavs~ o~ such o~M~ claua ~s th~ Mwtqay~~ may rpuu~. en~kinp ?h~ loas und~r uid poli~ °
ci~s. ~+ch ~nd ~wry, paYabl~ w s~id MORiGAGEE a~ iu in~e~~st m~r app~N. Md ~ach and ~w~y ivch poliq sMll M pranpfly ~u:pr?~d and delivend ro.^
~ny Mld bY a~id MORTGACafE a~ furtMr s~curfty to ~id mortpapt deM, and, ~ I~s~ tMn an (10) d~y~ in advanc~ of ~h~ ~xpi~~tan o} c~ch polity, ro da ;
IIw~ to saW N10RTGAGEE ~ ~enewal tMrwf, topHhw with a r~uipt for tM prsmium of wch renew~lj u~d tMr~ ~hatl b~ no f'u~ w winds~am inswanc~
pl~ud on ~ny oi iiid bVlMin~S. My GIIN~i~ tI1lf~ifl p p~rt ~M?~of, unlas in ~M form u~d with th~ bu payabk as ~t«~~aidt +~d L+ tl+~ ~vsnt ~ny swn ~
oi nwn~y becomt~ p~yablt unda such policy o~ policiss uid MORTGAGEE ~hail Mw ~Iw optiw~ to repiv~ ~nd ~ppiy the sam~ on ~ccovnt of tM Ind~bted- j
ntst tKwed her~by p lo ptrmit said MORTGAGORS M?ecavs and uk it a any part thereof fa otner pu~pos~s. wi~hout thsrcb/ waiving or impair-
tep ~ny puity, ~iM or ripht ue+d~r or by vtrtw of tAis monpays; .r+d in iM .wnr ~a~d MORTGAGOaS sh+11 for .ny r.ason i•tl ro keep ~M s.id p..misss w}_~ ~
inaw~d, or fdl to d~liva~ promptly ~ny of said polKies of iraw~ to ~aid MORTGAGEE. w f~il promptly to pay fvlly ~ny prtmium tMr~for o~ in any '
r~~p~ct tait b pKfom~, diicharye, sxecute ~f(~ct, compl~ts, comply with ~nd abids by tha oovenant, or a~y part Mrwt, said NtORTGAGEE may plac~ ~nd C.~,'~
pay fa wch insuranc~ w u?y put tFweoE withovt waivinp or ~f(ect&p any option, li~e~, p~~ry. or riphl undN w by virtu~ of this Mortp~. ~nd th~
full arno~nt o~ ~ath and ~wry such p~ymtnt ~hall b~ irtwnadiattly du~ ~nd payabl~ and ahall b~ar intereat from tM dat~ tMreof ~ntil paid at th~ rat~ ot
nine pN cMtum per anrwm ~nd to~ether with auch interest ~F?all be aecwed by tiN li~n of this matps~e. ~ •
1. To p~rmit, oommit a suftar ~o wstt~. 4np~irment or deterioration of said prope~ty a any put tMreof. •
S. To pay all ~nd si~gvlu_tM ~ost~-~harpes ~nd expensfs, includinp ~ reasonabl~ +ttwney's Fee and ootts of ~batracri o( title, incvnsd w psid ~t
any tims by ~aid MpRTGAGEE, becs~se or in the event of tM failure on the put of tM uid MORTGAGOR to dvly, p~omptly and fully pa~faen, dischar9t
execut~. ~}hct. compkt~, complY with and ~b~de by each and every the ~tip~lations, ~preanents, caKlitions, ~nd cownann of said p?omiuory not~ u+d t!w J
monppe any or eitF~er, ~nd said costs, tha~~s and expensei, each and evay, iiwll be immediately dw and payable: whether a nor there be notict da
mand, attempt to collect or wit psoding; and tiw fvll ~mount of each u+d ewry such paymem shall be~r interei~ from ths dat~ tF~reof u~til paid ~t thc
rate of nine per centum per annum; and atl wid costs, cha~9es and expenses inwrred o~ paid, topetMr w~th ~uch imereit, sl~all b~ secvred by the lien of tFus
mwtpa~. -
6. That in ths waM of ~ny breach of this Mortps~e w de(~ult on tFr pan of the MORTGAGOR, a(b) in tM ~wr?t ~ny of said svms of mo~y
herein r~ferred ro be not promptly and fully paid within thi.ry (30) days oext after the sarn~ s~veratly becwn~ dw and payabl~, wifhoul dem~nd o? notice.
or in the event each and every tl+e slipvlations, agreement~, condirions and coven~nts o( sa~d promiuory not~ a.w! th;s mortyay~ any a eithe? are nol
iuly, promptly and iully pe.fo.med, d~scharged, executed, effecred, compl~ted, complied with s~d sbided ~iy, ths~ ir? eithe~ a aMr tuch w~nt tM s~id ap~
9reyat~ sum mentioned tn said promiswry note then remaininy unpaid, with interest sccrved. and all moneys secwed herebY. shall becane dw and pay~
abls fathwith, a thereafte~, at the option of said MORTGAGEE, es fully snd comp~etely as ii all of the wid wms of money wera wiginally sr~pulated
to be paid on s~th day, anythirg in sa:d promissory note or in this Mortgage to the contrary notwiths~sndinp; and therevpon w thereaitsr at the option of
said MORTGAGEE, witho~t notice w demand, s~it at law or in eqviy, lherefwe a thereahe~ begun, may be prosecuted as if all money~ tecured hereby
had mahued pnw 1o iri institWion. ,
7. That i~ tM event tMt at the beginning of w at any time pendiny any :vit upon thb Morf~ps, or fo foretlou if, or tp ~efam it, w to enfo?ts
paym~nt of ~~y cl~ims hereunder, uid lYIpRTGAGEE shall apply to the Covrt having jvrisdiction ti~ereo( fw ~M appointmint of a Rcceive~, such Courf shall
f«thwith appoi~t a~eceiver of said mwt4aged property all and sinp~lu. includ,ng all and iwgulu tF» incoowy profits, bs~es ~nd tivM+ues f~om whatever
wurce de~ived, each and every of which, it being expressly vnderstood, i~ F+ereby mor~gaged a~ i( specifical~y a~1 forth and d~wiba~ in the prantiry and
haberdum cla~ses hereof. ~nd s~ch Receiver shsll have ~II the brwd and ef(ective funu~ons and powen in' anywis~ entrwted by a Court to ~ Receiver. aRd
such sppointment sha11 be made by s~xh Court as an admitted equ;ty and e matta of absolut~ ripht ro ai8 MORTGAGEE, and without refercnce ro ths
edequuy a in~dequacy pf tF~e wlve of the property mongaged or to the tolrency a inwlvency of said MORiGAGOR a the defe~da~ts, ~nd that such
rents, profits, iocane, iss~es and nvenues shatl be applied by such Receiver accwdiny io the lien or equiry of s~id MORTGAGEE and the practice of such
Court.
8. To d~ly, promptly and fully perform, dixharge, e:ecute ~ffM, complete, comply with ~nd ~bide by each and every tM stipulations, ~greemenb.
conditions and covenams in said promissory note and this mortgage tet forth.
9. That in the event the owne?ship of the mwtgaped premises, o~ any part thereof, brcomes vested in a penon other th~n the AIIORTGAGOR, ths
MQRTGAGEE. its sutteswrs and ssaigns. may. without notice to tFK MQRTGAOR, dse! with erlt sxt_sax a s:.~ctt:sx i.^. ir.ltrzsi ;r:S:ls sef~rac.:e to st~:3
mwtyage and the debt hertby secu.ed in the same manne~ as with A1lortgapor without in ~ny way vitiatinp w dischargir~ the Mortyagors' liability hert
under w upo~ ihe debt hereby secvred. No sale of the premises hereby mortpsget! ~nd no fwbearsnce on the p~rt of Ihe MORiGAGEE a iri successors
or auigrn and no eatension of the time fw the psyment of the tkbt hereby secured given by the MORTGAGEE or its tuccessors w assigrq, sha11 operate
to .ekue, disci~arye. modify charge a affect the oriyinat tiabiliry. of the MpRTGAGOR h~re~, eNher in whols or in part.
10. It is spec7fically agreed that time is of the esssnce of this contract and tMt no waiwr of any obligation hereunder w of ths obligation se-
cured hereby shaii at any time ti~ereatter,bsfheld to be a waiver of the terms hereof a of the instrumeM secured herby.
11. In add~tio~ to the iwego:rg monthly payments of princ'pal and interrst ~eqvired by the promissory note sec~red F~ereby, mortgsgor covensnts
and agrees to pay to mortgagee with each monthly payment an additional sum estimated by mortgagee to be equal to 1/12 of the annusl cost o: ti.e fo~:ow-
i~g:
f , A-All real property taxes levied o~ asscssed against the above described real esqta
B-Prem~ums ort (ire and ~vindstam in:urar.ce as herein requ~red to be carried on rhe 'anprovements sitwte on the above deuribed p?emisss.
f C-Premi~ms on suth mortgage g~aranty insurance as mo~tgagee st1~11 lrom time to time deem fit to tarry pn the ban tecu~ed hertby.
M.orlgagM ihall from time to time notif mort or m writi
~ Y ga9 - ~+g of the amount due and payaWe he?eu~+der and such wm shall thereupon be due and
payable oe~ the due date of the next rnonthly payment and exh ~sutcessive month thereafter urtil nartgagee sMll notify mortgagor of a change in wch
amovM. Such sums shaU be applied by mortgagee toward the payment of real prope~ty ta:es, insurance prem:ums, and mortgsge guaranfy insurance
E premivms. -
f IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hsnd end tea! the day and year f' aesaid_
~ ' e nd da ' r presence of:
~o ~Ne ~oo~s ~
LyWE COUMTY FlA• q
; pp~Ea pOt~RAS i , a marr a
~a~t ciacwt couRt n
~ ~~p11ER~f~EO.....~-~- la o~o, a marri a u ~
~ STATE OF FIORIDA FEe 2Z 3~ s PM'~ i ~
~ ~ ~zs5
~ courm oF st. Lucie
8efwe me personally appeared Luis A. Cata, a married adult
~ pio Rodieio, a married adult ~,~,~,,w~ ~o ~1e ~,,,e~~ k~ ,~a ~ m~ ~o
rhe individwls dewibed in and who executed tF~e fwegoinp instr~ment, and acknowledged before me that they executed the wme fw tl~ purposes
~ therein ezpresfed. Awd~ll~rwi~-~~~ ~ -
' wifseflhssskl~~~~~~_~~~~~_~~~~~~~.._~~~~~_~~~~~~~~~~~~~~~~~__~..~_~~~~_~~~ ~
° .~wwwarioi? i w~ Mkew dPa+'~'~P~wfs ~w~ wr+~r
1?~ ~s~~t~~wd~rFir~e~-I~e?~sid~lM»b~~dr~dw~whds~d-t~ywd~~efore-n~rti~a~~l~e-e~~te~a~ii+r~fniw~erwf~~eirawi~r~{w~
~ lacily.aod.rriihort.a~y.~~~ioA-c+~lrew+A'e1rP~e~r+~~?~rf~w-oF~rf~owr~hers~id~liwbw~d
~ WITNESS my h~nd ,~KI OF{~Kiil seal this day of F~Yl18I A D. 1977
I
i
~ Notsry Public in the State of Florida ~t Lupe
~ My Commiuion xpira:
~ Retum To: p~._•~" ci F'_
~ Fint Federal Savings 3 Loan Association ~O~ry i::~ 1;:7
E My Co:r.:::..'_~.
Of Fort P~erce. ~ 6ond~d L~ Anx,:;o~ F::a 8. Wsc~::y fp.' n
' Fort Pierce, Florids /
--~v;~ .'L, :
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~ ~ /A{,ti
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! This Instrument Prepared By J. Hal Roberts, Jr.
l First Federal Savings 3 Loan Association
~ _ of Fort Pierce~ Florida - L-=
~ 71~ _ _ '_4~*~': _
Checked By ~7 n- ~ ~ ~ „ ~ d i~: t
~ = ' ~ 4 ' 1 ~
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