HomeMy WebLinkAbout0938 To pl~c~ and con~inuousiy ke~p on tM bu~:dinqs now w Mr~~(tN ?itv~a on ~~id I~nd ~rx! on ~11 equ~Qme~~ ~nd p~~sonslly covK~d by this narp~
p~, w~tA ~II p~mium~ ~hereon p~~d in futl, (i.~ in~ur~nce in ~M v~u~l ~i.nd.~d poticy fam. M•~um ~pprovsd by ~h~ MORiGAGEE. ~nd wie~d~lam
Maww~c~ In ~h~ wwi u~rida.d pW~cy tor~n, i~ a wa+ ~p{xovd by tM MORT<3AGEE, M tucb tompany w canp~ni~s a?1» MORIGAGEE may
dir~t a+d ~II hr~ ~nd wtnd~rorm iaiur~nc~ potKie~ on any o! wid bu~kl~epb ~ny InNnat tha~in w pat tMrwl, in tM ppre~q ~vm ~fa~wW a
in ~aasa tMnoi. ~MII comain ~M usual q~nda~d ma?pspN c1avN a iuch o~ha c~ws. ~M Ma~p+9.. ~+~.y rpuu~. nN?irg Hr 1w~ vnd~+ s~~d po1F v-~
cip, Nch and ~vay. p~Yabl~ w ~~id MORTGAGEE as ir~ inte?t~l m~y ~pp~ar. ~nd tach and ~wry s~cl~ polky sFull b~ promptiY au.yrvd ~nd driivt~ed b ` c~
~ny IwM by ~Id MORTGAGEE as tvrtMr tecu~ity to s~id nw.~pay~ d~bl, ~nd. not I~u Ih~n N.~ (101 d+ri in ~dvann ol tM ~Ypu+tion of Nch policy. to d?
Ihrw b wid MORTGAGEE •.~newN tM.wf, ~oqal+w with ~ t~ceipt tw tM prN+niwn of such r~w~~~ and ~i~• ~hatf w no fa~ o~ w~nd+~am tnwranc~
pIKNI O/1 My 01 Nid b~riWinptl. ~ny If11Nf~1 tl?K~in O? p~tl IIN~I01, unt~s~ in ~M iam and with ~h~ Ios~ p~yabb w~(a~1dj ~nd in tF» ~vent ~ny wm
~~Y MY~~ such poticy a poficNS aid MORiGAGEE sh~ll h~w +he opt~on to r~c~iw and apply tM a~m~ on ~ccou~~ 01 tM ind~br~d- •
nhs Ncund M~~by a b pNmU s~id MORTGAGORS to ?ec~iw and H a~ny pa.f ~hereof fo. o~her pwpo~e~, w~ihou~ ~hcreu/ wa~~l~~ or ~mpa~r- :
M+p anr p~rity. li~n a riqrt wider a by vlrtw of thh mwtpyr, ~nd in tM ~wnt a~d INORTGAGORS ihall fw w?y rN~on fail b kNp the s~id p~ni~es to
hw~td, o? (~1) W d~livN pranptiy u~y of ~aid pol~cid of imu~~nc~ lo s~id MOR~GAGEE. ot fai4 promptly to p~y iu{{y any pr~miwn 1Mttfot p in sny
n~pea tait b patwm, d;uhuge. •a~cu~~. ~ff~tl, compl~~s. camply wi~h a~d abid~ by thi~ cov~n~nt. a any p~r~ F~wi. Nid MORIGAGEE m~y Pl~u and .
paY (w such Lavranu or anY p~rt 1l~eo~ without w~ivirg p~ffKtinp ~nY optio~, li~n. Wuity. a?ipM w+d~r w by virtw of th~s Ma~9ap~, ~nd ~h~
full rna,nl of ~ach a~d •v.ry such p.yn+.m shall b. ~mm.diaT.ly dw a~d p.yb1. ~nd ~hall beu intN~u from th~ dat~ tM.wi w~~il paid ~t tM ru~ ol f':~
nw?~ pM synrom pK anrwm and ~oyerFu~ wi~h ~uch inarpr tiluil b~ ucwed by the li~r? oi 1hN morr~p~.
1. ?o permit, ownmit or svif~r no wut~. Mnpairment w dete~iw~t~on of said p~opKty a any pah tMrwf. ~ .
S. To pay ~11 and akgulu tM co~h. ch+rqe~ and ~xpN+s~s, u+ctudin~ • nasonsbk ~t~an~y's f~e and w+n of ~btt~~ct~ of tit1~. Incvned a paid ~t
a~y tiens by uid MORTGAGEE, b~cau~ w In ~he ~v~~1 of tM f~llu~• on ~M pan of ~M uid MORTGAGOR w duly, pompNY ~~h P~+}a~. ~K~~9~.
•:ecut~. et(~q. compl~e~, comply with snd ~b~ b~r ~xh ~nd ~very ths ~tipul~tiom, pre~mentf. ca~dinons, aeid aownann of uid promiuory eat~ ~nd t!w
monyap~ u~y or ~i~hs~. ~nd ~aid cwt~, chary~s ~nd expe~+s~~. ~~ch a~d wKy, ahall b~ imn+ed;~alY dw and pay~blr. whether or r?ot tlw~ b~ +wtiu dr
mx~d, ~tt~mpl 1o co/isct or wit p~nd~nps ~nd the iull amou~~ of ~acA a~+d evay wch paymsm ~hatl b~a inter~q from th~ d~t~ tl+a~of u~til paid at tht
rate ol n~n~ per centvm per ~mwm; and ~11 said cost?. charges a~d e;pMses incwrad a p~id, topNh~r w~th ~vch im~rat. afialt b~ s~cured by tM lwn of tha
nartp~pa
b. That (a) in tM wMt of any br~+ch ot thls Mortp~ o? defa~tt on tFr part of the MORTGAGOR, w(b) in tM ~vent ~ny of said swes of mon~y
1~rin r~f~rr~d to b~ not prompHy and fully paid wiel~i~ duey (303 d~rs nexs at~er ~M sam~ save~~uy becor?w dw uid p~yabl~, wirAout dem~nd w notiu,
w(~ in tM ewnt each and ewry th~ sripulations, ~greements, cond~rions ~nd cov«»nra of H;d promiisory nott ~nd th~s mortpap~ +ny a~~the~ u~ na
~uly promptly and fvtty p~rio~med, dachsrped, e:esuted. ~Ffecred. compkeed, compl~ed wi~h and abided Sy. th~n tn ei~her a any such ewm ~F» a~d a~
p~p~N wm mantioned in said p?omissory note then r~mai~inp unpaid, with interes~ ~ccrued, and •11 moe?e~rs ucv~sd hs~sbY. th+ll betas?t dw a+d p~y~
•b{~ falhwith, a thereatter, af th~t opt~on of ~aid MORTGAGEE. a~ tully and comptetely a~ if •II of the said wms of mon~y wert api~ally sr~pui~ted
ro be paid on such day, anyt~inQ in ss~d prom~uory .wte w in this Mor~9age ro the co~+r~ry notwitluu~dirg; and ~he?eupo++ or fhereafta at tM op~~on of
~aid 1NORTGAGEE. without no~Ke o~ demand, wit ~t law a in equity, theretwe a therca(~e~ beyun, may be pro~ecvt~d as if ~11 mon~ys sacur~d h~reby
had matwed ptWt ro it~ iMtitution.
7. Thaf in tM svent rhat at rhe beginn~ap of o~ ~t ~ny time p~nd~np ~ny su~t upon ~his Mwt9ay~, a ro fwaclw~ It, or W r~fonn N, o~ ro eniwp
paymenl of u~y claims he.evnder. said MORTGAGEE shall ~pply to the Cour~ having jwadin~on ~lxreof fw th~ ~ppo~nrmuN of ~ Race~ver. such Caxt shall
forthwith appo6+nt ~ receiwr ol uid mafya9ed propcrty ~tt and iu+pul~s, indud~r~y ~tl and sinyutu tM incorrr, p~ofiN. i~sws ud rw~nues i~om what~wr
•owp dKived. ~acA and ~wry o( whKh, ir beinp expres~ly unde?uood. ii hereby n+o~tyaged u if spec:tiulty set iath and dacribed in th~ 9rani~np and
fi~b~n+d~+m da~sa hsreof, and s~ch Receira shall Mve •11 ~he b.oad and ~t(ectrve funct~ons and powers in anywiss entrwsed br s Court to a Receiver. ~nd
such sppointmenl ihall be made by such Cow1 a~ an ~dmi~ted equity and ~ matte~ of ~bsol~te right to said MORiCaAGEE, ard without re(er~nts ro 1M
~dpuacy or M~deqwcy of ~hs valus of U+e properry mortyaqed or to the iotvency w i~nolvency of Ntd AAORTGAGOR a rhe defer~denn, ~nd ~hs~ auch
nnu. profib, incav+~, iuues ~nd rw~nws sM11 b~ ~ppiied by such Receiver xcwd~ny to th~ lien w puity of uid MORTGAGEE a~d the prxtice of wch
Cowf.
S. To dufv, prompNy and fully perfom+. dluharqe, execute, eftect, complere, comply with •nd abide by each ~nd every the stipulations, ~g~eemants.
c«~ditions ~nd cove+»ms tn sa~d promiuory not~ and this mortpsge set lwth_
9. That in the tvent she ownership of the mortgayed p?emisea, or any pari the~eot, becomes vtsted in • penon othe? tha~ ths MORTGAGOR, t!»
MORTGAGEE, in ~uccessaa and a~s7yns, may, w~~Fwut no~~ce to ~he MORTGAOR, dc+~ wi~h such iucceuw a succeasor i~ interes~ with tefetence to this
mort~ape and tM dcbt he.eby secur~d in tM sama muu+er u with Mo?ryapa witlw~t 1n any vray vit~atinq a distharpiny the Mortyagors' liabitity Mrr
under a upon ~M debt hereby secured_ No sal~ of tM premises he~eby mwtg~ed and no twbear~nce on the psn of t1~e MOi~iGAGEE a it~ succeuon
w assiyna and no ext~nsion of tM Yuo~ fw the Daym~n~ of the deM her~by s~cu~ed piven by Ih~ MORTGAGEE or ;ts ~uccessa~ o~ ass~9m, ,hall opu~t~
ro r~kase, d~scharQe, modify chuqe or s!leet fhe oriQtrul {iabil~~y of 1h~ MURTG/1GOR her~in, ~ithsr in whol~ w to put.
10. If b spetifitally pretd ~tuf t~me ii of ths ttse~u .of tfiis contract ~nd tfist no w~iver of any obtiq~tion hsreundcr a of the oblipatiw~ se-
nxed he~~by iMtl at ~ny lims thereafter be held to be • wsirer of the h~ms hereof or of the instrumenl secured herby.
11. ln ~dd~~~o~ ro the /we9o'ng mwuhty psyments of princ p~i and interest required by the p~omiswry note secured hereby, mortgsgor covenants
and agrees to pa~ ro mortQagee w;~h each monthty payr~~t an addirion~l sum ts~~mit~d by mo?tyage~ ~o b~ equal w 1/12 of the annwl cosf of tFie fdlow-
u+~:
A-All real property ~~,~es levied or assessed agai~sf thc above deuribed re~l estate.
B-Premwm~ un fye and wmdatwm i~surar.ce'as he~ein requ.red to be carricd on the improveme»ts •itwte on the above deavibed premises.
C-Prem;ums on such mongeqe g~aranty inaur~r.ce as mo{tyagee shsl{ from t me to time dtcm fit to carry on the ban secured hereby.
Mwtyagee sh~il from ?ime b time no~ify mortgagor in wr~nny of the amount due and payable he~eue+der and such sum sfielt thereupon be due ~nd
Fayabb a+ tM due datd of the ne~r monthty payment and t~ch sucussiJe month thsr~afrer ur.ril mortgsgse shall noti(y mort9ayor of a chanp~ in wth
smouM. Such wms sF.aH bs applied by mortya9ee toward tM p~ym~nt of ~e~{ propeAY tsxea, insurance prem:~ms. and mw/9sQe 9wranty inwranc~
pr~miums.
IN WITNf55 WNEREOf, ~h~ sald MORTGAGOR has hereunro set his hand and seaf the d~y and first ~for id.
Siqnd, S~al~d and delive.ed in ths presence of: •
' Eo ~?wo ~ECORO~o ~
~~~uc~E cou~TY f~~?.
aacErt po~TR~s n
~ c?.eax csacu~T couRT ~ c~-~n
;~a.~tfJ~-~---~
! STATE OF FLORIDA ~ V 53 ~
! St. Lucie ss- J 2 Bdward Stein, single adnlt
, ~o~?~ oF ~ 3
~ ~F«. f~a,,,i~y Joel Bdwazd Stein, a single adult and David Stei.n _
~ Bvelyn Stein h;s w;f~, to rn~ vwll knawe ~nd known to mt to b~
f tl» Individu~b ds~cribad in and wIW ~xKUted ths fapoiny instrum~m, ~nd ~cknowledped befw~ me that thty e:awted tha s~rn~ for tF»•pwpw~s
E ?n«.M .xa....d. ti,d ~Y~lvn St~in
~ w~i. o~ rr~. ..~d D~vid Stein ' . .r,d ~.:~.f.
~ eaami~ation by me taken upar~ts a~d apan from her ssid husbsnd, atlcnowledyed to ~nd befor~ me that she exewted said i~»trument fr~sly and voluo-
?~rily and witMo~t ~ny compulsion, constraint, apprehen,syan~, Jor fesr of or irom her said husb~nd.
f WIiNE55 my h~nd and offici~l ~eal this 11~ day oi A ril A, O. 19 ~
~
Notary Public i ~d tl+e Stat~ of Florid~ st L~rye
' My Commiuion ~~cpires:
f Return To: Nofary PYrblk. SfaN of Fler~d~ of la
~ Fint Fedeql Savirgi i Loan Association r*
0( Fwt P~erce. Mr Cosu~ss~oo E:pry h~r 2j. 1977
$ fort Pierce. Florida , ~~d ~ ~~l ~awoUr 0,
' . . . . . 1~ ~ M~ .
..i.~\1t~lii~~11.... .
` Robert J. @vana Jr. ~ ' , - . `
~ This Instrument Prepared By s
E First Federal Savings b Loan Assoc+ation .
~ of Fort Pierc~ RloYida ~
~ Checked By ~.c~ ~ Z c:`~ v ~ ~ ~ - '
~ f:~? ~ ~ ~ ' X:
`=4 ~ ~ ~ :
~ ~ ,
S~,• ,
~ . .
'•iiisteli~!~''''-
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