HomeMy WebLinkAbout0120 J. To plsc~ •nd conNnua,~iy keep on ~~he bu~'d.~,g+ .,ow w Aeroatr~r ~~tu~ls on seid I~nd and on all cqu~p~.+em ~nd p~rion~lly cover~d by thi~ matQ~
pr, wi~h •U pramiums Mereon pa~d i~ full, ftre imu~e~ce in ~he u~w~ »anJsrd potity (o~m, io • t~m ~~proved by IM MORtGAGEE. •nd w~nditam
inwr~nct in 1M uiv~l ~undard pol.cy Fam, ~a a s~m appioYrd by ih~ N10RiGAGEE, in ~uch caTp~ny a canp~n+~s a ~I» MORTGAGEE rnay
dir~ctj and all tir• and w~nditorm insu~anc~ pol~c~es on ~ny of ~e~d kw~+d~nqs. .ny ~~~•.•ti~ ~M~e+n o. p~rt ther~o}. in fM ~qrtyalt ~um ~IGfN~d O~
In ~at~N tht~eo/. sMlt ta+Nin tM utvsi ~~endard mw~g.+fl~e daufe or such o~M~ t4us~ p Ih~ Mortyays~ m~y raq~~~~. ma?inp tM loa~ undH ~~~d pdF
ciq, e~ch ~nd ~wry, payab~~ ~o s~~d MORiGAGEE sa ~ts in~ere~t may ~ppeu, a~d each and every ~uch pohcy shafl b~ promptly n~ gned +nd dt~ivered ~o
~ny held by i~id MOR~GAGEE as furth~r secw~~y ~o s~~d mo~~yage debt, and, no~ les~ tMn ttn (t0) days in ~dvsnce ol th~ expi~ation of eath policy, fo dr
IivM lo taid MORiGAGEE a r~rwwal thereol, toyetha wi~h e rece~p+ for ths premium ot such ~enewal; and thar• sh~ll b~ no iir• or w~ndstorm inivranc~ '
pl~cad on ~ny o( ~~id build+~+pa. ~ny inle~eff Ihere~n w parl thereof, u~le~s in tM lorm and with tM ~osa payable aa •(or~s~id; ~nd in the •v~nt •ny sum
o} nan~y becomei payable under such policy w poLues said MORiGAGEE ~hell Mv~ ihe op~~on ?o recri~e and ~pply the a~~e oo +ccoun~ of tM i~debted-
~ n~ts ucu.ed h~reby a ro permi~ fe~d MORTGAGORS ~o reteive and w~ it a eny yar~ thereoi fo. o~her ~,u+~~trs, w~~Mut tha..u~ w~~vu~~ c~ ~mpei~-
iny any equ~y. litn a rigAi ~nde~ or by virrus ol thi~ morsyage: and in Ihe evem ~a~d MORiGAGORS fAall fa any ~e~son fail to keep ~he s~id p~M+ises w
N+wrcd, a f~i) to dtliver promplly any of said polKies ol insurartc• to said MORTGAGEE, d fail promptly fo p~y futly any pre~~~um therefa a in a~y
«spea fail ro p~rtw~, d~sch~rfle, execuls, ~flec4 ca+~p~ate, comply with and ~bide by this covs~an~, a sny psr~ hereof, sa~d MGRTGAGEE may p~~ce +nd
paY ta ~uch iryuraOte o~ ~ny part tMreof without w~ivinp or ~(fectinp any opfion, tie~, equity. ot r~ght u~de~ a by virtw o! thif Mwtyayt. ~nd tht
full ~moum of tach ~nd evey ivch p~ymen~ shall be ~mmediately dw and psyable •nd ~h~ll be+r inte~est from tM d~t~ thereo( un~il paid at tt~ r~t~ oi
nin~ psr ctntum Wt annum and together wrth ~uch imernst shali c,e aecwed by tM lien of ~h~i mort9ap~.
1. To pami~, commit p sufFe~ no waite, impairmenf a deter~or~tion of s~id prope~ty w~ny pa~t thereol.
S. To pay •11 ~nd unqulu tM cos~s, ch~rges snd expe~tes, ~ncludinp a reasonable attw~ey s(ee and costs of abstracls of title, incvrred or p~~d ~t
any time by ~aid MORTGAGfE, bccaus~ w in rhe evem of rM is~ture on the pa?t of ths uid MORTGAGOR to duly, promp~ly ~nd fulty per(orm, d~?cMrg~.
execut~, ~ffet4 complete, comply w~~h and ab~de by each ~nd every the stiputat~ons, agreements, cond~~ia+s. •nd cove~anta of sa~d promiisory ~ote ~~+d ~hif
mw~fl~ye any or e~~he~, ud s~:d costs, clurges and expenua, each and every, shall b~ immed~etely due and payeble; whether w not there be no~~ca ds
mand, altempt to colkct or tuit penil~ng; u~d the full amoun~ of each and every such payment ~hall b~~~ iroerest irom Iht da~e tM~eof until p~id N tht
rate of n~ne per centvm yer annu:n; a~ed oll ia~d cost~, cher9es and exHrnses incurred a paid, toge~Ae~ w~~h auch interett, sMll be ~ecured by tM lien of thi~
matp~p~.
6. That (a) in ~M event oi any b?each of th~i Mortgagt or default on ~he part of the MORTGAGOR, a(b) in tM eve~t any of stid sw*~t of ~nor+ey
herein referr~d to be not promprly ~nd fully paid wi~h~n thutY (30) d~ys nex~ after the same se+era:ly becane due and payable, without dem~nd o~ notice,
or (d in the evem esch and eve~y the ~tipvlanons, agreemer,+s, cond~twns a~d covenants of sa.d promisso~y note and th~s rrartgage any a ei~he~ ~re nol
~uly, p?omptly snd fully pe~iormed, d~xharged, executrd, effeceed, corr~p!eted, compl~ed w~th and •b~ded by, then in e~~he~ w any •uch evenf ~hs s~id ~g
greg~t~ sum me~~ioncd in s~id p.omasory nore then rems~ning unpa~d, wifh inrcres~ acciued, and ail moneyt xcured hereby, ~hall become dw and p~y~
eble tathwith, w t~ereafter, at ~he option of se+d R102TGAGEE, as fuily ard comp!e~e~y as i1 ail of the w~d sums of money were w~g~nally itipvl.•cd
to be paid on such day, a~ything in sa.d prarn~ssory r+ote or in this Mortgage to the co~~rary notwithatanding; and therevpon w therealter at the op~~on of
:a;d MORTGAGEE, without notice w demend, suit et lew a in eqv~ty, therefore a thereaiter begun, may be prosecvted as if all maxyi setured he?eby
nad ma~ured pr~w lo ~ts instifution.
7. TMt in ths event that at the begin~~ng of or at any t~me pend~r.g any su~t upon this Mortgege, o? to foreclose it, or fo refwm it, a to enforc~
payment of any daims 1~ereur+der, sair MORiGAGEE shalt apply to ~he Court having ~unsd,chon Ihereof for the appointmeM oi a Rece+ver, suth Court shall
Forthwith ~ppo~nt a rective~ oi uid mortgaged property all ~nd singulsr, inci~d~ng aIl and aingula~ the income, prof~ts, issuei •nd rsvenue~ from whatever
wurce derived, each ~nd evcry o1 wh~ch, if beinp expressly unders~ood. ~s Fereby mor~gaged as if spec~f~cally set (ath and dewibed in the yranting ar+d
habendum tlausea hereof, and such Receiver shall hare all the b~oad and effective funchons and powen in anywise entrusted by • Court to a Receiver, •nd
s~ch appointment shall be made by such Cour~ as an admitted equity and a maiter of absolute r~yht to said MORiGAGEE, u+d withoul ~c(erence to 1he
edcqvacy or inadequacy oi tha v~I„e of the property mo~tgaged o. ~o the so.vrncy w~nsoive~cy oI seid MORTGAGOR pr the defendants, and tha~ such
renp, profits, incane, issues and revenues shall be appiied by such Rete~ve~ accord~ng to the I~en or equity ot s~id MORTGAGEE and the pract~ce oi such
Coun.
8. To duly, prompNy and futly per?orm,'d~s:harge, execute, effect, complete, comply wi?h and abide by eac1~ and every the stipu±ations, agreemeMS.
conditans and cove~ants m sa~d prom~sswy note and th~a mongage srt forth. ,
9. That in the event the ownership of the morigaged p~em~ses, or any part thertof, 6etomes vested in a penpn other than the MORTGAGOR, the
MORTGAGEE, iti succesaws and ass~gns, may, wirhout nof~ce to the MORTGAOR, deal with ~uch •ucceasw' or successor in ineerest wi~h reierence to this
mortgage and the debl hereby secured in the same menner as with I/brtgago~ w~lhovt in eny way vitiating or d~xha~g~ng fhe Mortgagorti liability htre~
undr o~ upon the deb~ hereby secuied. No sa:e oi 11H p.emiscs hereby mortgaged ~nd no fwbeara++ce o~ the pan of the ?AORiGAGEE w iti s~ccessors
or ass+gns and no exrens~on of the time for the paymem of the debt hereby secured given by the lVh7RTGAGEE or ils successors or auiyns, shall operate
ro release, d~scharge, mod~fy cMnge w ailect the o~iginal liab~~ity of the MORiGAGOR herein, either in whole ot in p~rl.
10. It is apec~f:cally agrced that time is o( the essence of this contrace •nd th~t no waive~ oi any obt~gation hertunder or of the obligata~ se
c~red hereby shall at any time rherealter be held to be a waiver of the ferms htreot or of fhe instrument sec~red herby. -
11. I~ add.+~u~ ro the forego`ng momhly paymems of princ pal end inte.es? reqaired by the prow~~ssory no!e secured hereb~, mortgagor covenants
and ag~ees to r.ay to m.o-tgagee v.~th each monthiy pay~ent an sdd~rional sum est.mated by mortyagee to be equal to 1; 12 of the ann~al cost of the foliow-
,ng:
A-All real property taxrs le•nzd or assess~K3 agai•;sr thc above drsc+~bcd real estate.
B-Pren,~ums on f~re and winusto•m i~sura*ce as hereir. requ:red to be carned on the improvemeats s~tuate on the above described premises.
C-Premi~ms on such mortgage gwranty irsura. ce as mo.tgagee shaN 1r~m t:me to time deem fit to carry on the loan secvred hereby.
Mortgagee shatl irom time to t~me nonfy mo~rgager in writing of the amount due a~d payable hereur+der a~d such surn shall thereupon be due and
; F.ayable on ihe due date of the rtert monthty payment and each successive month the~eaftcr uniil mcrtgagte shall noTify morigagor of a:hange in such
~ amount_ Such sums sHa:i be appLed by morfga~ee ro+vard fiie payment of real p.operry ta:cs, insurance praw~:ums, a~~d mortgage guaranty insurante
premiums_ ~ f
/ j ~
i IN Y~ITNE55 WHEREOF, the said MORTGAf,OR has hereunto set his hand and seal the day a ~yea~i4irst or /
~ Siy Sealed and livered i~ the p~exnte of: ~
witnesses as to ~ ,q
~ Anthony J. Trapani n . ra ni
~ W' nesses as to ~ cs~an
~ _ , !,f , . y, , udy L. Trapani ,T y L,; rapan
Seap
STATE Of fIORIDA ~J `
St . Luc ie ~
courvn oF
Befwe me perwnally appeared _ AT1t ~10i1y J. Trapa n i
_ ~i?wi(e, to me well known and knovrn to rn~ to be
the individuals deuribed in ~nd who extcuted the foreyoing instrument, and ackrwwledoed befor~tne that they executed the wroe~fo~ 1F~ QutpOies
!fi!rlin fxprla~ld. And~fhtwid~~....~~~~~__~~~~~_~___ __~_~..~~~~~~.~~~......~~~,.__~.w~~.~~~~~~:~...
-
.~w(~eFN~swi~-_..~___~__~_~_____~_---__~_____-_•.__~___.._~.~_~-~.._~~~_ - -
K+wx~w~Mi~w i~? w~~ ~sl~ew ~r~i+1s s wt fre~n- He+ ~ai~}fwnbend- seknew T+f~~!'P~~k'~l~irM_
r?
~"a'R k'd~g!'t~b ~nd~bef0~'e"n~'thaf ~llRtftReflt~aeid irrsfr~nnln?4r!l~iyyn~ ~rOlil~
~iF~Va~~lMii4i~M-awl?~ow+'vl~iowro~iw~rninA-erpr~~nrK-hw~oiKbowrl~erwid-1tisb~nd. ; 7. t.
WITNESS my hsnd and official seat this_ ,l ~ dsy of ~'r D. 19~2
- . ~
t • ~
3~~ ~ l.IC i!+" AEC.;4„f ~
G S~.L~;C~~~ ~ JNTr F. ~ •
9' _ Notary Public in and r th State of Florida at Laryt •
~ R ~~~(,v~n A ~ My Commiss1 expires~lotary Pvs~:, S!a•~ oi-flciv~e.afla~+~P`,
STATE OF KDA10A NCKl.JERSt~ ~O ~p
V R il ~OURT t My Cor. ~.+z~cn [:c; K~s :~+y .~;.-~417 `
' 14 M~~~.a E, ~.:~~.::z,.,, ~:.s a c~.l:.;ti co.
~ couNrr oF ~ M~, tt ~ 1~
~ Befwe me personally appeared _ _ Jue~h~. ~~ni s~
his wiie, to me well known ~nd krwww to me to b~ f
~ rhe individusls described in snd who executed fhe fwegang instrument, ~r?d acknowkdged befwe me that they executed tF» arnF~for1~M purposes
~ rherein e~prdsed. A~.1he-s~i~~.. 1~~~~~
wi4-~f.fhs~wid-- ~ ~ ~ ~
!tlpr~~lr wRl~Iwti
~ e~uv~atiarr.h~y~r~e.tairw~qraraw.anr~'art-lrow~-h~r•s~i~~l~iani.-e~ls~w~lerled-~sw+d~beisee~ne-tl~at~hee~tectiAeds#~tlirb~n~tN?~~1lltt~otoR -
Mwlr ~w~will~~u? ~wy~o~~bi~n~ lO~iNwiwtf ~pprehew7~Ow-e~-fe~r sf-ar-frew~i~e+-ui~ Innb~wd~ ~ : ~ ~ ~
~ ~ : 4'
WITNESS m~i hsnd and offic~~l seal this_ - day of ,~q~~
~ This instruiaent prepared by ` ! : ; -
.7 . Ha 1 RO~'1't 5~ J Z• , Notary Public in ~nd for tFro Staf~ of. //~A,'~P/~ R
First~Federal Savin s b Loan Association of /
FOTt p My Comm~ssion •xpires: • ~ ~ -
a~t~~~. ro: Pie~e Fl ; ~ • ;
Firu F~deral Savinys b:oan Aswua+~on ~ nr ~ ELIL'^FTH L. ':~:?N
de ' 2
Ol Fort P:erce. f i ~~JJ ~ 1'~{~ ~ _ ~TARY F;,~_~~ o~ r;-;v .-::~~r
„ . - ~ . , 1ry Contutissaa E~cp!res l;,rii ,I~. ?9
f ! -
_ ~ _:c-,