HomeMy WebLinkAbout0117 To plac~ ~nd cont~nvausly ?eep o~ H~e tw~'d~~,gs nvw o. heroaif~~ ~~~u~~~ o~ ~s~d I~nd ~nd on ~1! ~qu~pm~i
t iRR'~Tirson~lly cover~ by Ihi~ mwt¢
p~, wi~h all p~emwm~ Iheroon pad in lull, I~re ~ns~~u~ca in ihe u?wl ~t•~~d~~d Hoi.q fo~m, in a wm ~p~oY~d by ~hs MUR~C+AGfE. •~~d w~l~lam
inwanc~ in ~Fw uswl ~~~ndud po;~cy lam. in • ~um spprov~d by ~M MORTGAGEf. ie ~uch comp~~,y or co•np~mes u tM MORTGAGEE ~y
d'uK/j and al) ti~~ and w~ndi~orm ~ntur~nt~ pofc:rs on ~ny of t~rd twdd~~+pb ~y intNefl ~hs~~~n o~ ~rt thereol, in IM ~9qrepNt wm afoteuid a
M~:c~a tM~wl, ~MII conea~n M~ ufual ~~~ndard ma~qspe~ ct~us~ o~ ~uch o+h~~ ti~ufs at IM Matppt~ m~y rpu,r~. ~n~\~np tM iou under u~d po~}
ci~f. fKI1 ~nd •vt~y. paYab!~ ro taid MORfvAGEE ~s iis ~nteresl may ~pp+~~, ~~d e~ch ~nd wery u,ch pa~cY ~h~ll be promplly ~a.qned ~~d dtirve~td ~o
~ny Mld by sa~d MORiGAGEE as (ur~i,o~ securAy lo uid mplg~gf debt. ar~d. no~ I~u N.~e t~n (10) d~Y~ in ad+~nce ol IAe •+~pitWO~ of e~ch pol~ty. to d?
liwr fo uid MORTGAGEE •~enewal tt~rraof, tope~har w~th • rece~pt fa ~M p~~mium ot ~uch renewa~: •rxf thero shall ba no f~re or wi~,ds~o~m insw~i+c~
pl~ced on ~ny ol s~~d build~nps. any intereal Ihtr~in or pail ~herco(, unlea~ i~ tM (o~m ~nd wi~h 11w loss p~y~bte at •tw~~aid; ~nd in Ih~ •v~nt •ny wm
of mon~y bccom~i p~y+bt~ under s~ch policy a pol,uaa sa~d MORiGAGEE ~hall haw tM op~~on lo .eci~ve ~nd apNly ~F.~ sanN on sccovm of th~ i~debted-
eNSS secvr~d hereby o~ b pamit said MORTGAGORS ~o recaivo ~nd use i/ p eny part ttu:eol lor otnrr ~p~~~~csrs, w~+~~o~t th.>.. ur wai+~~~g o~ nnpsir•
irq ~ny pu~ty, li~n a~iflht undsr o~ by vi,w~ ol ~I~i~ morr~•poj and in ~M ~v~n~ ~s~d JNORTGAGORS ~h~lt fa iny ~~afon (~il to ke~p tM s~~d p~~~HS w
~ i~sured. o~ I~il to dslive~ p~anptly sny of ~~d polKies of inw~anc~ ro ~a~d MORTGAGEE, a fa~! promp~ly ~o pay fulty any prem~vm theretw w in any
~ respect tail to perlam, d~sch~rgs, execv~e, eflecL co.nplers, canply wi~h and ~b~ds by ~hts covensnt, a a~y p+~~ f~srcot, said MGRiGAGEE m~y pi~c~ and
=-pay (w avch iniur~ncs or ~ny part tMreof w~~hout waivir~q or •lfectiey any op~~on. lien, equ~~y, or r~gh~ unJa+ a by vi~tw ot ~hif Mo~~9+p~. ~~d ~ht
full amoum ol e~ch and s~'ery such p~ymeM fh~ll be immed~a~ely due a~d paysble ~nd ~hall be~r imeres~ }rvm ths daq ~hereol vntil pa~d ~t tM raq ol
ni~x per centum p~r ennum and to~nther vc~tA ~uch intrrca~ shail be sec~red by IM lien o( tius mat9~ga.
1. 1o permit, co+~mil w sutfer no wa~t~. tmPacrme~~ w d~re.~w~t~on of ~a~d p~opertY o~ +nY W?~ thereof.
S. ~o pay all and ~irgula? ~ha costa, cMrges a~d expenses, includinp • reisonabl~ attore+ey ~ te~ and cost~ of ~bsr~adi of ti~te, incurrsd a paid at
eny time by s~id MORIGAGEE, b~ca~ss or io the ~wM of ~F~e lailure on th~ part of Ihe s~id MORTGAGOR ?o du~y, prompUY +nd fvuy pe~for.n, dachuq~,
e,ecuts. eflect, compler~. comply w~th and ~b.de by exh ~nd eve.y ths a~~pul~+wna. ~gr~emenrs, cond~tioro. ~~d cov~n~nrs of s~id p~omiiwry nol~ ~nd ~ha
mwtyape any o~ e~~he~, ar~d ss~d costs, ch~rge~ +nd expenses, each and every, sh~tl be ~mmed~a~e~y due •nd pay+ble; wherher w ~ot ihere be no?Ke dr
mand. ~1t~mp1 to col~ect or suit pencl~ng; ~nd ~he ful! amount of e~ch snd erery such paymen~ ~hdl bea. in~ereet from ~he date thereof umil p~id ~t the
rate os nine ptr centurn prr ~n~~um; e~x! ell a~id costt. cha~ges snd expenses incurted or p~id, together w~th wth in~erest, sMl) b~ setu~ed by ti~s lien of Ihi~
mortyaye. '
6. That (a) in tAe evenr of ~ny b~each of th3s Mw~gp~ w de(+ul~ on ~M part of ths MORTGAGOR, oc (b) ie tM ew.+t any of sud swns of mon~y
herein referred ~o t» ~ot pranptly and fully pe~d wiN~in th.rty (30) deyf nex~ after'tF+e sa~.~e seve~~.~y bcto~~a d,x and pay~b~e, w~ehout demsnd or ~w~ke.
or in ~he event exh and e~uy ~he ~upv~auons, ag~eemeou. ccnd~r~ons •nd coven~nf~ 01 sa.d promiswry note a~.d tha mortgage any a e7ther ~ro not
~uty, promptly and fully periormed. d,xharged. executed. eflec~ed. comptefed, compl~ed wlth ~nd •b~ded ~y, thH+ N+ either a ~ny svch ewnt t!r N~d ~g
yreg~t~ sum mentwned in satd promisso?y no~e then remaining unpa~d. w~th i~~er~~1 accrucd. and a11 montys ~etured hereby, ahall betome dw ~nd p~y~
ebie foithwith, o~ thereaf~er, a? the opnon ol ss~d MORTGAGEE, as f~ily and completely as ii all oi ~!,r sa~d sum~ of money wero or~g~~+~~y ~~~p~~a~~d
~o be pa~d on such dc~, any~h~ng in sa d prom~~swy note w~n ~his Margage to ~he co~~.ary notw~lh~tand~ng; and thercupon w thereafter ~f tM op~~a+ o(
feid MORTGAGEE, vv~thout not+ce or de~nand, sv~~ at Isw a in equ~ty, 1he~efore a thereafter begun, may tx proxcvted as if •II moneys ~ecu~ed hereby
had matwed pnor ~o ~ts i~sutv~~on.
ihat in the event that at the beqi~~ing ot w at any fime pending anY s~~t upon this Matg~g~, w to ~aec~ose it, w to refo~m i?, o? to enfwce
paymeM of eny cfai~ns ~ereunder, sa~d MORTGAGEE shall apply to the Cour~ havirg ~w~~d~ction therrof for the ~ppo~Mrnent of ~ Receiver, such Court tMl(
fonhwith appoint a rece~wer of ss~d mwrgsged p~oper~y aIl and sir~gutar, inc:ud,ng all and s~..gula. ~~e incoms, p~oFRS, issues and rcvtnvea from whate~er
wurce derived, each and every of wh:c!+, n be~nq expre~s!y unders~ood, is hcreby mor~gagcd ss il spedlrcatly se~ fath ~nd dewibed in the yr+ntirq ~~d
habendum clauses hereof, and such Receiver shall Mve •II ~he bruad a~d effect~re fu~cr.ons and powers in anyw+se entrusted by • Cou~~ to s Receiver, and
such appointment shalt be made by such Cou~1 as an adrr.itted equrty and a ma~rer of abaoiute right lo sa~d MORiGACsEE. a~d withovl ~efe?ence to the
adequaty w inadeq~acy o( the value oi the p~oprrty mw~gaged or to the so:vrncy or inso~vency o~ said MORiGAGOR p the de}e~dants, ~~d that tuch
re~n, profits, income, iswes and revenues shalt be appl~ed by such Recewe~ accord~ng to ~he Gen w rquity of w~d MORTGAGEE and the p~actice of such
CovA.
8. To duly, premptly and fully periorm, d~scharge, execute, effect, comp~ete, comp~y w~~h and ab~de by each and every the itipulations, agreements,
condir'qm and tovcnanrs in sn.d promissory note and this mortgage xt lorth.
4. That i~ the evenl the ownersh+p oi the mortgayed premiscs, w any part thcreof, becomes vested in a pe~son other than the MORTGAGOR, tM
MORTGAGEE, its s~cccssws +nd ass~gns, may, w~~hout ~o~~ce to the MORiGAOR, deal with avch 'iuccessor a successa in inte~est with re(ere~ce to thi~
mo~tgaye end the drb~ hereby secured in the sarrte manner as wi~h Mortgagor w~thout in a~y way vitlatinp a d~icharging the Mwtpagors' liability htra
unda a upon the deb~ he•eb~ secured. No ssle of the ~-em~see he~eby~mo~~gsgcd and no forbeara~ce on the p~rt oi the MORTGAGEE a its iucce~sors
or assg~s and no extens~on of the tcme fw the payment o1 tne debt he~eby sccvred given by the MORTGAGEE or its svccessws ot assigns, shall operat~
~o re~easa, d~uharge, modify change or afiecf t}u or:g:nal l:ab.Lty of ~he MARIGAGOR ?~erein, eith~r in whole o? in pa.t.
10. It is speufically agreed ~hat time is o( the esxnc• of ~h~s ,co+urxt and that no w~iver of any obl~gat~on h~reunder or of the obliyation te-
cvred hereby shall at any time the~eaftcr be held to F.e • we~~er of the terms he~eof o~ of the instrumem secured herby.
I1. In addlt~o~ to the fo•ego ~~g month~y payments of p.inc pai and interes+ required by the o~o+*~~sscry no~e secured he~eb/, mortgagar covenants
ar.d ag.ees to pay to mc•rgager v..th each ~non*h'y pa~~arn~ an atid~nonal sum esv matcd b~ mortgagee to be equai to 1,' 12 of the ar.nval cost of the lollow-
~ng:
A-Ali real property taxrs lev~e3 or assessrd +gai•~st the above deu~~hcd real estate.
g-Prem~u~r.s on Gre and W~f~~f0'A1 ~ns~rar,ce as here~n requ,red to be un~ed on the ~m~rovemen?~ s~tvate on the above described premises_
C-Pre~n~u~•~s on such morigage guaranty icswar.ce as ~nongagee shail from t me ta time deem fA to ca~ry on the loan secured hereby.
Mortgagee sha!I from nme ro t:me ~ort4y mo.tgagor fn w.it~ng of the arnou~t due and payab~e hereunder and such svm shall thereupon be due and
payabk on the due da~e cf the next month!y payment snd each success:ve month thareaiter urtil rnatgagee shall notify mwtgagor of a thxge in such
a~rounr. Such sums s~:a:i be app'.~ed 'cy mortgag,e toward the payment of re~t property taxes, insurance prem:ums, a~~d mwtgage gvaranty insurance
ii
I p-emiums.
i ~N ?YITNESS :'~HEREOf, rhe sa~d MORTGAGOR has he~e~nto set his hand and ual the day and year firs~ afaeseid. ~
~ Signed, Sealed and de~ivered in the p~eunce of:
E ' ~
~ " ~ r~' T
f ~~1-..:~~-~C~ i ~ t.~ ~ ~$!in
~ s~n
R Rose~n~rv P mero ~
(Seaq
SSATE OF fIORIDA ~ ~.~1c`~~~~~~~u;J''.
COUNTY OF St , Lucie _ ! '
= ~`i , •
Befwe me personally appeared -~anCl SCO E3 . Palmero ~ ' ~ ~ +nd
RosemarY Palmero his wife, ro R,i WiA kraw~ and kn wnNb;m! to b.
the individuals described in and who exec~ted the fo:eyang instrument, anc! acknowledged beiore me lhat the~ ~uted: the sarrN tat ~he eurposes
rF.erein expressed. And the said Rosemarv ~d11~eZ0 't, S y 1~ •'~,.5~~ ~L_~ -
w~~e of the ~~d F ra nc i sco g. Pa 1 m er o ~f~~ y~p~on a~~
jl~qte `~d priv+tt
exam~n~tion by me taken separote and apart from he? said husband, acknovviedged to and befwe me thaf she exeMedr~b~ ins~ltot~?2e~ and volun-
rarily and w;thout ~ny computs~on, constralnt, appre~nslon, or fear of w from her~~~sb~nd• ~r~~'+~ U111:L\~•~ l ~
WITNES$ my hand and officiaf xal this____ ~ day of ~ a- 19
r
. 1 ~J ~
_i..~ _L'~
f- ' i ' , ~ " ~''7' .
.y.~~
Notary Public in and (w the State of Florids H large
My Commisfion eapirq:
Return To: . ~pt~ QUa~K, S~ -!0 0{ ~Of:~i ~e
first federal Savings a loan Aswuat~on µy ~o~~s~~ E~,: res Dec. 13. ~9~
Of Fert P erce ~d y~~ fr~ a Gsw?I ~~Y
fort Pierce, Flor~da
. ~92 -
~
This Instrument Prepared By Donalrl E. Nughes
First Federal Savings 8 loan Association
of Fort Pierce , Florida FILEO,~NDRfCOic~EO
ST. LUCIE COUNl~ P«.
ROCER POITRAS
Checked ey AECORO~VER f~iEO ~URt
~ .
'"p 1~~ MaR I I 10 i~ AH' 1~
F~~-~ ~rUJ PAr;f ~S ~
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