HomeMy WebLinkAbout0314 J. io pl~c~ •nd con~~n~ouily ?e~p on tFN buildinqs ~ow o~ her~~ttar •~Iwt~ or uid I~nd and on di ~q~iNment ~r~d perwn~liy cowrcd by ~hi~ maty.
•ps. wilh dl premivnu thtreon pa~d m full, I~ro in~ur~nc~ ~rt Ih~ uswl ~tandard po~kY toim. in • wm •~~uo+ed b,r ~M MOR~GAGEE. •nd w~~xls~wm
~nwr~nc~ in ~hs uwd aandard poi~cy iwm. in • wm approv~d by ~M MORTGAGEE. in tuch company o~ COmp~n~H as ~h~ N~ORIGAGEE may
dnectj ~nd all iir• ~od w~nd?tu~m insurance poGua• oo ~ny of aid budd~ops, ~ny inler~f~ thae~n or pa~t th~~nof, i~ the aggreq~te fum ~iorc~.~d w
In ~xtea IMraof, ~MII conuin IM uswl standard marQpet clws~ w~uch otM~ clav~~ a~ Ih~ Mo~fyayce nuy req„u~. ma~iny ths lo~s unJe? as~d po~r
c~a~. each arx! waV. paYabl~ ro a~d MOitiGAGEE a~ rt~ iroe~cst may ~pp~~r, ~~d ~~ch ar+d .~ery tuch poi,cy shait t,~ promp~ty ~siyned k+d ~e~~~ered ~o
•ny MW by said MORIGAGEE ~i lu~ther ~ecurit~ to s~id ma~pa~~ dtb1, and, no~ I~ss ihan te~ (10) ds~~ in ~dvaoce o( the •apu~non of a~ch pol~cy, to dM
I~ver to aid MORiGAGEE a r~newal thtreof, lopethe~ with • rece~pt (ot the premium ol fu<h renewal; and thae shall be no Fro or winde~u~m insuranc•
plsc~d on ~ny of s~id bui~dirys, ~ny inter~it lherein a par~ the~eot, unless i~ Ihe fo~m and wi~h Ih~ iuia psYabte as a(weia~d; •nd ~n ~he evea? any sum
of mon~y becpmes p~yable under auch poUty w politief uid MORTG~?GEE shall heve the opfioo lo rece~ve and apply the same on ~ccount o( Ihe indtbtrd-
ness fKWN/ ht~eb~ ot lo permit u~d MORTGnGORS ro~Keive and u3~ il q any pail tANreof to~ o:~~cr pu~y ~srs, wAho.:t ~her. u~ we~vr~g or u~ip..~'-
inq any puity, lien a rght u~der w by vt~tw of this mortya9r, and in tM tvent ~~:d MORTGAGORS thall for ~ny ~esion fail to kcep ~he said premises so
~r.sured, o~ (ait ~o deiiver p.ompNy any of ia~d pol~cies of insu~~nce to sa~d MORiGAGEE, a fait promp~ly ~o psy (u11y any premium ihe~efa o. in any
resped fail to per(wm, d3sch~~ge, executs, sfi~c~, tomp~ere, comply wirh •nd ab~de by this cove~an~, a any per~ hereoF, sa~d MGRTGAGEE may piace a~~d .
pey fa sxh insuranc~ w any part thertoi without w~ivinq or ~ifadinp any option, lien, equily, w righl unde~ or by virlu~ o~ ~h~~ Mortgege, and the _
f~11 amovnt of exh and eve~y such payment shall be immedi~tely dw +nd payabl~ •:~d tha~l bear intere~t irom the dste ~he~eo~ until ps~d it the rate o~
a+r.
n~r~e per cenrum per annum snd t~ethrr with wch interest shatl be secured by the li~o of Ih~s matflage. r
1. To permit, commit or suff~a no waste, impairment p deteriorotion of wid property a any part thereof. ~ r
S. To pay sll and u~qulu the costs, cMrgn and expenset, Includin9 a ~eesonabte attorney's fee and cosfs oi ab~tractt of tide, iocur.ed or pa~d a~ a-
eny t~me by u~d MORfGAGfE, because w in the ~vent of the t~iture on the pah of ~M said MORTGAGOR to duly, promptly and f~tly pe~torm, d.ichsrge.
e.ecute, effec~, comp~e~e, comply wuh and ab:de by ~ach and every the ~tipulat~ons, agreemems, cond~tions, ~nd covenants o1 sa~d p~om~sso.y note and fhi~
~~~orrgege any w e~~Fxr, ar~d sa~d coits, charges a~+d e¦penaes, each and every, shall be immed~ately due and payat~le; v~he~he? w not there be no~~ce d~
mand, ~uempl to to;lect a wit pend~ng; and ~M full amount of each and e~ery svch paymem shall bca• imerest irom the date thereoi ontit paid a~ the
~~re o~ nine per crntum yer am~um; and all said cosrs, cMrges and experues incurred or paid, together w~~h such intrresl, shall bs secured by the lien of this
mor rgay~.
6. That (a) In the eYent of My breach of this AAa~Q+pe w deFavl~ on tM pa~t of the MORTGAGOR, o~ (b) in the event any of sa;d sums of mo~ey
herein refOrred to be not prpmptly and (ully paid within thuty (30) days nexl after Ihe same seve~a!ly beco+ne dve and paysLle, withovt demsnd O? nohte. .
or in the event each and evay ~he ~~~pu~a~ions, ag~eemenU, cond~tlons and covenants of sa d p~o.r,~swry nofe ar~d th~s rtwr?gs9e any w e~the? are not
i~ty, promprly and fu11y perfwmed, d:s irged, extcuted, effected, completed, compfied with end ab~ded Sy, then in e~ther a any such event the sa~d sg
gre9ats wm meMioned ~n said promiss note ?Fxn remsinir~ unpaid, with inte~est accrued, and ati moners xtured hereby, ihalf become due and pay
eb~e fwthwith, w thrreafter, at the opt~on of sa~d MORTGAGEE, af fuNy and completely as i1 all of ~he satd sums o( money were onginalfy shp~teted
to be paid on such d.:y, aoy~h~ng in sa.d pranliso~y oore a in this Matgage to Ihe con~~ary norw~thatand~n9; and thereupon a thereaffer at the op+~o~ of
en:d MORTGAGEE, w~thout not~ce or demand, tuit ~t lew a in equity, therefore or the~ea(u~ begun, may ~ prosecuted as if ell moneys secured hereby
had matured p+~or lo ~ti institution.
7. That in the event iha~ at fhe beginning of or at any time pend~~g any suit upon this Morigage, or to foreclose it, a to reform it, or to enforce
paymeM o1 any daims he~eunder, uid MORTGAGEE shall apply to thc Court F+~vfng ~urisd~ction ~hereof fo~ ~he appo~ntrnenl of a Receiver, such Cou~t sfinil
Eor~hwith appoinf s receivsr o~ said mwtgaycd ptOperfy all and singvlar, includ~~g alt and s~ng~~ar the income, profits, issues snd revenues from whate~er
sourcr derived, each ~nd every o~ which, i~ beinp expre~sly unde~stood, is hereby mortgaged as it spet~ficelly set (orth and dewibed in the g~anang and
habendum dsvses FKreof, and such Receiver shalt have al{ the boad snd eifective (unct~ons ~nd powert in anyw~st emrusted by a Court to a Receiver, and
~_ch appointment shall be made by such Cou~t as a~ admitted equity and e maner of absoiute nght to said MORTGAGEE, and withouf roference to the
adeqvacy o? inadequaty of the value of the p~operly mptga9ed or to the w:vency or ~nso~vancy of said MORTGAGOR or the dcfendants, and that s~ch
~e~+s, prolits, income, i;sues and revenues ihall be eppited by tuch Rece~ver accord~ng to the lien a eq~~ty of sa~d MORTGAGEE and ~he practice of such ~
Co~rt.
8. To duty, promptly and iully p~rform, dixharge, execute, elfect, complete, compiy w~th and abide by each and every the stipulations, agreements,
CJt1CIifiO(If and covenanis ~n sa~d promisswy note and ti,~s mortgage ut fwth.
9. That in the ere~t the ownership of the mortgaged premises, w a~y part thereof, 6ecomes vested in s perwn other tha~ the MORTGAGOR, the
:'ORTGAGEE, its wccessas and ess+gns, may, without not~ce to the MORTGAOR, deal w~?h such successo~ a successw in imerest wifh refcrence ro th;s
mor~gage and the debt hereby setured in tht same man~r as w~th Mortgago~ without in sey way vit~ating w d~schargir~g the /Awtgegors' IisbiGty hero-
:;^der a upon the dcbt hereby secured_ No sale ef the Fremises hereby mortgaged and no forbearance on the part of the MORIGAGEE or its successors
or assig~s and rw eatension of the time fa the paymem of the debt hereby secured given by the MORTGAGEE cr its successors or auigns, s5all operate
ro reiease, d~scharge, modify change or affect the ong~nal IiabJety of the MORiGAGOR hereln, eitFxr in whole or in pan.
10. It is specif~cally agreed that time is of the essence of this contract and that no vraiver oi any ob~~gat~~n hereunder or of the obtigstan se-
cu.ed hereby shali a~ any time thereaft~r be held ro be v waiver of the terma hereof or of the instrument secured herby.
11_ In add.t:o~ to ~he forego ng month~y paym-nts of princ pal and intereat requ~red by tl~e prom ucry nate secured hereby, mortga~or covenants
~-:d agrees to pay to m.o-rgagee v~:th each monthly pa~rnent an add~tional sum est~mated by matgagee Io be eq~al to 12 of th•: annual cost of the fo(low-
i .
A-All real property ta,ees levieci w assessed agai~st the above desvibrd real es+ate. ' ±
B-Prem~u~m on fue and windstorm ~sura^ce as here~n requ:red to be carr~ed on the ~mp~ovements s~tuare on tne above described premises_
i C-Premiun•s on wch mo+tgage gvaranty insurar:ce as mortgagee shall from t;me to t~me deem tit to carry on the loan secured hereby.
Mortgagee shail f:om time to time not~ly mortgagor in writing of the amount due and payabfe hereundrr and such sum shalt thereupon be due and -
r~;able on tF~e doe date of ~he next momhly paymem and each succrssive month thereafter ur.til matgagee shall notify mortgago? of a change in such
~ ~-.o~nt. Such sums sF.a~l be applied by rreortgagee toward the payment of real property taxes, insvra~ce prem.ums, and mortga9e guaranty insurance
~ ;rem~ums. •
~
~ IN W1T~2ESS WHEREOF, the said MORTGAGOR has hereunto set his hand .and seal the day a year first afwcsaid. -
Sgnatl. Seated and delivercd in the presence of:
~
( ~?~~~C~ j. u' _ th M. Varley m e s, a~~a~~
married adult rs~an
- :~;u:url;~, ($~al)
. ; ~ l~~ 'y
SiAtE OF FIORIDA • ~r~ i
ccur~rY oF St . Luc ie ~,•~s;J•1 ~lQ~,•
eefwe me persona~ly appeared Ruth r':. Varley Bombelis, d~ ~IgI ~ ;-.it311~C g)fiipt
. c.~ - ;
Y~l[][,xlc to ri~ weZl ~~4*~(~~Md lcnowd ro aie to be
the individwls dexribed in and who executed the foregoing instrumeM, ~nd xknowledged befwe me that the~G.acec~ted'.t(iE !s~ fqr the3wrposes
, _
: •
fh~•gin Q7[PIlSfld. ~d(~Q( . " rr
~ •~~~~N ~ 4\
~[~lQ~' 40f0E~(~Ca0~167[XAC~]~C ~Rf~~fi)Q~~~~~6~G~~.~ +~X+~~%~+~~~~~~~jlL]~~i~C
~~1~XafbC~liJ6iLDC]QL7fdf~i~Ydi~lft liYr36X Xia~
WITNESS my hand an.! offlc~al seal this 12th dsy oI Ma ~ a a. i977
1E~'L_~- -
~tsry Pub~' in end for tM State of Fbrida et Larga
~ My Com ion expires:
~ Return 10: ~
~ Fir:t Ftderal Sa.ings 3 Loan Assoc+at:on p~~ 0( ~j~
Of fort P~crce. ~ _~~f ~Q
~ Fort Pierce, Flcr;da
~wM ~r A~wcr iir~ ~ Cr~s C~ws
~ ~7• W~~IE C~M~~ FIR.
~ This Instrument Pre ared B Gar F. fi11KOOd AOCER POITRAS ~
P Y Y ~LFFt ~?~f.UlT COUP~ ~
F~rst Federal Savings 8~ Loan Assouation ' - • , ~ ~ ~
of fort Pierce ~ ?
Fort P;erce, Florida 33450 ~,3 Du
l 11
~_hecked By f
0 ~ 366n.~$ ;
e«~268 e~sE ~~.3 ~
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