HomeMy WebLinkAbout0935 To pl~c~ and continuously kMp on ~M buitdinq~ now a he~~af?~r ~w.n or s~~d I~nd u~d on •n eq~~p.,Nn~ •r+d p~~wn.uy cora.d b~ ~h~. ma~g . ~
p~. with ~II pr~m~vma Iher~on pod ~n ivll. (u~ inw~~~u ~n Ih~ wu~l si~rdud policy fonn, in •~um approv~d by ~M MOR~GAGEE. w~d wirxhtam ~
?nsw~nc~ in tM utual .und.rd po?.cy 1«n~, tn ~ ~um ~pprov~d by 1M MORiGAGEE, in wch tomp~ny or tompa~its u tM MOQTGAGEE may ;
du~ctt ~nd ~U fN~ and wintl~arm uaw~np po1.c»s on ~ny of Nd bw~nq~, ~ny intt.~st Nw.~in w p~rt tMr~of, ia ~ pq.ep~~~ wT ata~said a
k+ ~xnw 11~w(, ~11 conuin tlw vawl i~w+dud rnaqpN clauw w wd~ aha c~ws. u ~M ~o.~p.qe. rnay rp„w~. ~n~f+^p ~h~ :oss w~der ~d poli~ : ~
c~s. NcA w~d ~vKy. WYsbh ro Nid JMORTGAGEE q~t~ inN~ea1 nwy appw. ud ~acl+ wd ~v~ryr ~~ch pa~cY ~M?1 b~ p~ompt~y a~.pn~d and d~liva~d ~o
~ny h.W b~r s.d aIOR?GAGEE fv~h.. ~ea~ri~y ro ~.id ~no.q+Q. dsW. snd, nw Ip~ tMe ~ 1101 d~~rs in ~~nc~ ot ~M ~xpi~~twn ol ~~cA Po~rcY. ro dr ~
tivN lo ~aid lNpRTGAGEE a nncwal Ih~~~of, Iop~IhN wilA a ~~e~ip1 fa tM pneniwn ol Wch r~new~1; ~nd ~Mr~ ahall b~ no fue a winde~or~n inwra~u~
pl~c~d an ~ny of iaid buildinpa, ~nY int~rK1 tMr~~n a p~rt thK~of. v~l~ss in ~t~e torm ae~d wi~h ~M lou pay~bd~ a~ ata~s~~d: N+d in tM erent ~ny sum .
ot moMy b~con~ paY+bl~ undM wch pdky w po1KiN wid MORTGAGEE shall haw eM op~~on ~o r~ceiw and ~ty tM same on ~ccounl o( tM i~debted
~u wew~d Mr~by a ro pMmit said MORTGAGORS w r~aiw and uw it a any pat Iherepf fw oihe. p~rpcsrs. w~uw~t ~he..u~ wai.~~.~ o. „~pa~r- .
infl ~ny puity, liu~ w riph~ vr~ a bp v7rtw of ~hi~ nartp~p~~ ~rd in tM ~veM t~al MORTGAGORS ~ha11 fw anr reason fail to kMp ~h~ aid p.~.n~sas so i
in~~rsd, or ldl b detivN promptly ~ny oF Mid pOIKNS OI imur~nu 1o said MORTGAGEE, o~ f~il p?oenptly to pay fully any prem~um tM~efp p in ~ny ~
r~spect fail w p~.far~, diuh~~p~, sxtcvt~, eff~ct, canpiHt, aoenply with and abid~ by thif covsnan~, w~ny psr~ harw(, s~~d MORiGAGEE may p~~ce a~~d
paY fa ~VC~1 IelWfaeK~ Of My p~/1 1hNf0~ without w~fvinp p~H~etinp any op~ia~, lie~, pui~y, w ~iyht unde~ a b1 vi.rw of ~h~s Ma~9ap~, ~nd fhe
+ull unouM of NcA and way wch paym~M shall b~ Nnm~~»ly dw a~d p~y~bb ~nd sMll b~a~ ~nterest from ~M du~ ~he~eof uo~il pad at ~M ~aq ol
n~r» p~r c~ntum pa ~rvwm a~d toyethe~ wirh wch inrerest thall b~ secu~d by tM li~ o/ Mn matyay~. -
a. To pamit. oomnit or wfi~r no wa~r~ impai.mM1 a d~~Nior~tioe of a~id proq.ry a ~ryr pa•~ thnwt. .
5. To pay all and sirpular th~ cosn„ chupea w~d ~apuw~„ incl~dinp • rw~awbl~ ~ttan~y's 1ee «d cosn of ab~uacrs of t~~ls, lncur.ed w pa~d i~ ' i
~ny rime by sa~d MpRTGAGEE. b~cww a io tM ~wnt of ~h~ f~ilw~ on tlr pah d?M s~id MORTGAGOR w duty, promp~ly ud fut~y ps~fwrn, d~xMrg~
•:ecut~ ~if~p, canpt~t~. comply w~th and ab~d~ by ~ach ~nd ~wry the stipulataeq, pre~men~s„ conditiora, and oownann oi sa~d prom~sswy note and ~lui
morty+~t +^Y w enha. and ~a~d costs. chKpes and eapense~, e~ch ~nd ~y~rr, shall b~ imrnsdi~bly due and payabk: whe~her a no1 that b~ nonce ds
mand. anempt ro collttt a suN puKl~rg; and rh~ ~utl ~mow~t of ~ach and ewr~ wch paymem shaU bea. i~eeres~ (rom ih~ dare tF~reol unr~l p~id at the
.ate of ~in~ per centum pet ~rwium; ~nd all said costs, clw~ees and ~ape~s~t intwred p paid, togather w~th s~ch If1tNfl/, sl?~II b~ ~eturad by the lie~ of thu 1
mortysy~. '
6. ih~t (a) tn the ~wnt of any brexh of Hws Matppt a d~fwll on th~ part of ~he MORTGAGOR, or (b) in ~h~ ~wnt iny oi s~~d wms of mw~ey
hercin niar~d to M not pra.~p~1y ~nd fully paid within ~Airt~ (3p) days .~sat after the ssm~ ~everatly becwne dve ~nd p~~abte. wi~hovt demand w no~Ke.
or fc) in tM ~vent each and every tl+~ stipulatiorn, a9+eKnents, conditions and cmrenann of ia~d promissory note s~+d tlws mortpa9e +r?y o~ e~ther ~.e no1
iuly, promptly and fu11Y pe.forrnsd, d:xhuped, txacvted, ~ff~ctsd, compl~t~d, compl~ad with and ab~ded `iy. th~n in ~ither w arhr wch w~nt the ss~d ag
flrcyat~ wm mentioned ia s~id prom;sypry not~ tlwn ranaininp v~id. with inN+est ~cuued, and atl mwNys secured hereby, sMll bscwn~ dw ~nd paY
eble forthw~th, a thereafte?, at ~!r opt:on of iaid MORTGAGEE. p tully and canpletely i( ~II of ~F+e wid wms of mor.tY were ap~nally s~~pu~a~ed
ro bc paid on ~uch day. anythinp in sa:d p~omiuory rate or in ~his 1Nort~~yt to tht conuary norw~tM~u~dinp; and ~hcr~~pon or thereafter a~ ~he op~~on o(
sa~d MOitTGAGEE. w~~hout no~ic~ or d~mand, wit ~t law or in puity, thetefor~ a therea(ter begvn, may be prosecuted u if ~{I moneys iecured he~eby
had marwed p.w. to ~n ira~~rurion.
7. That in tM wcnt that at the beyinninp of or at any tim~ p~ndinp ~ny wit upw~ ~his Mo.tgage. or to fo.eclose H, a to reform it, or to eniwc~
P+Y~t d any claims hereundar. s~id MQRTGAGEE shalt apply fo the Co~n hav~ng jurisdK~ion ~hereof for the ap~ntment oi • Receiwr. such Co~rt shall
forrhwith ~ppoint a ~eceirN of said morfp~p~d pope~ty ~11 ~nd sinpvl~?. includ~rq dl ~od singulu ~M income, protrts, issuas and revenues irom wh~tever
source d~riwd. ~ach and wery o1 whtch it beinp expressly ~rnde~stood, is herebr ~no~~gaged u if spec~ficaily set fath and dew~bed in the yraroing ~nd
l+a~endwn clauses hereof, and such Reuiw~ shatl Iww ~II the boad ~nd e+fect~ve fw~ct,ons and powe?s ~n anyw~se e~trusred by ~ Cou.t to a Receiver, a~+d
such appointment shall be m~ by svch Court a an admined puity and a mattN of abwtwe rigM ro said MORTGAGEf, and without re~erence to the
adequacp a inadeQuacy of ?he v~lw of tlw propt~ry mort~ped ar to tFw so~vency a~++solvency of ~a~d 1NpRiGAGOR a tl» defendany. and +het such
rem~, profits, incane, iuues u~d r~renue~ sh~11 b~ appli~d by wch Receiver ~ccwdu+p ~o ~M lien « epwty of said NbORTGAGEE and the p~auice of avch
Court. '
8. To dutY. p?anptly ~nd fully pNiw~n. drscha.pe, e:ecvte. eH~cf, conpkte. cnmplY with ~nd ~bid~ by each ~nd every the st;p~lafions, s~reemeny.
ca~d~t~ofn and covenams ~n u.d prom~ssory not~ ~nd this mo~tya~e set fplh_ .
, 9. That in Th~ event the owne~sAip of the nwrt~«Jed pemises, p any part thereof, bccomes vested in s pcrson ofher than the MORTGAGOR. the
MORiGAGEE, its svccesswa and ~ss~9ns, may, wirhout not;ce to th~ MORTGAOR, deal wnh such successd a wccessor ~n imeres~ w~~h reference to thia
mo~ega~s u+d the deb~ hereby secwed in tM aam~ manne? as wi~h AAarrgagw w~thout in any way vit~~~irg or d~scharp~ng ~he Mwfqagors' liabiiiey herr
u~der or upa+ the deb~ her~uy secured. No ~ak of tM prcmises hcreby mo.tyaqed ~nd no forbt~~~nce on the pan of the MORiGAGEE u iq successors
o~ exsgna and ++o e~tension of the time fw ths payment of the debt hc.eby secwed qiven by tF+e MORTGAGEE or its wccsssors w au~ynf, shail operate
to re4a~e, d~stMrp~. modify char~ o~ ~ffM th~ up~nal liabil~ty of the MORiGAGOR hNe~n, ~itht~ in whole w in put.
10. It i~ spec~(iu11y agrNd ~ha1 tim~ u o! tM es~enc~ of ~ha conrrsd ~nd that no waiver o! any obt~gaYan hereunder p of the obligation se~
c~~ed h~reby ~Mt~ n~ny tk+~e Mere~her b~ Aeld to be a waiver of the Mms harwf a ot tM instrumeeu s~cwed herDy.
11. M add,tan to ~he torego:ng rnootMY paymeNi of p~inc'pal and interest required by tF~e pomitsory Ao!~ secured F~ereby, mwtgagar covenants
a-,d eg~-es ~o p~y ro mor~Qspee ,,,,,th exh momFdy payrrKnt an add,~ional suw~ est~mated by mwtgsge~ to be pw1 ~p 1~ 12 of the annuel tos~ of the foltow-
A-All r~al prope.ty ta,~e~ bv:cd w ssseascd agai~at the above dexribed real es~au. ~
B-Prem~v~.u o~ fne and windatorm inwrar.ce ~s herein requ:red to be unied on the ienprovemer~h situate on the above drscribed premises.
C-Prem:wns on such mw~9+9e owramjr insurar~ •s nwngagee sha{I from ~,rn~ ro ~ime dee~n fi~ ~o carry on the Iw~ secured hereby_
Mw~g+gee sha~t }.om nme to t;me no~;fy mortg~go? Jn writiny of the amount due and psy~ble hereunder and such wrn shall therevpon be due snd
' s ~v3tie on the d~.e da~e oE rM neat mor.fhly payment ~nd exh successive month thereaftcv ur.~il mwtqagee ahalt not~fy mortgagor of s change in such
; c--.~~„m. Such wms s*atI be ~pplied by mo~t~syee wwWd ~he par~nent of real propeny q:es. inswance prem.ums, and mort9sye 9wra~ty inwrance
, ~e~^,v~nf.
~ IN WITt3E55 Y~HFREOf, .th~ sa~d MpRTGAGOR has herevnto stf Irs hand and se~l the day and rear f"ast •iwesaid.
i
4 S~pned. Stalsd ~r.d delivered in th~ pt~st~te of: Y.. Q
f ' Y~-~
~IE~~~E~4a FU?~ Ias o Se •n
E - ~ ~ s4
~ Il04ER 1?S ' ~ P,k ~
i - - ctE~~ C+~CUfT COUas ' !t-,~
= xor,~xa p. Sendrei
i _ ~t ~ vFQ:F~Et1 n-.n
~
j SiAiE OP FlOR10A ~ ~ ~ 53 t
~ ~ourm of St. Iucie ~~SS '
~ befae me perwnatty app~ared I.as10 Sendra i i
` ~ '
1'~+ a P 43ttd2~9 his wi1e. to me we11 ~riovirA•~kr~own.ib,ri+e to be
r?:e ind~ridwls descr;bed io u~d who ~xecut~d tM fwe~oinp &a y and acknow~d~~ 6efwe me tMt thry exenttsd }he f~frGlhe'purpptes
rhe,e~~ tap.essed. And rF~t sa~d ~~I1~K8 P. S8ild2~8i
~ ~:,r~ of ~h..~d .~a~o Sendrei ; - , . .
e=am~nit~on by me ts4en sepanfe and apart from her ~aid Fwsbu~d. VP~'~ KP+~at~ u~d~arfv~q
~ adcrwwled~ed b a+d befor~ m~ tMt she execvted iaid ibstr ~ freel u~ 'vofiir~
ia~~?r ~nd w"oFwv~ any compuls~on, constnim. ~PPreMns~on, or fw of w irom 1»r said hnband. ,y i
~ WITNESS my hand W+d official ted this 5t~1 day of A .A~~;i19~
~ . ~ _
7 -
' Not~ry Public in • ot tF~e St~te of Horida ~f l~t~ F
~ Retum To: ~y e~~~:
c
lktary P~51ic, State ot Rorida n(u
; F~~u F.a~..~ s.~~nqs a to.~ A..«ut~o,~ ~ ~jr Co~leissios E ~
~ Of Fort P:erte. x~tf ~3, ~9~ ~
~ ~wM~ b I?..n~. iw i C~.~ ~Nt
Fort Peerce, florida
~ This Instrument Prepared By Ca2~01 B. BU21'LS
E first Federal Savings 8 Loan Assotiation :
~ of Fort Pierce ?~'lorida '
~ Fort Pierce, Florida ~33450 j
i f
; ~hecked BY L~-~--- - II ~ ~
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