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HomeMy WebLinkAbout0534 To plac~ ~nd con~iewously k~~p on ~M buiid~n9s now w Fwr~~(rN p?w~~ on ~~id lu~d ~nd an ~tl puipm~ne ~nd p~no~?ally cow~~d by tht~ na~t¢ ~ p~ w~~h ~N pr~miwru ~Ae.eon pud in fvll, fire Insunnc• in th~ usud st~ndard poticy fam, in • tiwn ~pprov~d by tM MORiGAGEf, ~~d wincl~tpin ; In~www~ tn tl» uwai ~eandard pol:q fam. In a swn ~pprov~d by th~ MORi(3J1GEE. in wcA companY a comp~oi~s a ~M MORiGAGEE nuy dincil ~nd ait ik~ ~nd windsWrm ins~r~ polic;es on u?y o! u1d build;np~, any fnt~r„1 tlw+~in w part ~F~wl, i~ IFy spqrpat~ ~wn afa~~aid o~ ~n sxcKf ~hNwf, sFull con~~in d» uswl u~ndard ma~pspN clww a~uch ah.. cIw•..s ~M Ma~ya~.. ~++.y ~pv+r~, n?~kfnp tM las w+dN a~d poli~ ci~s. Nch ~nd w~ry. RayabN ro s~id MORTGIIGEE ~i ia in~~.n~ may ~pp~a~. ~nd ~aci~ Md wry ~uch pvlicy ~ll b~ prpnptly as~•ye»d and Mliwr~d to +ny htld by s~id MORTGAGEE p iunMr ~ecu~ity ~o ~1d mortyap~ d~bf, and, no1 Itu ~han ~~n (101 d~yt b adva~a of tM ~~ptratbn of ~ach policy. M d? { ~ livK to i~id 1y1pRTGAGEE a r~newal tiwrwf. Iop~tMr with • rsqiPt fa 1M pr~miw~ 01 ~uch r~?twalj +nd th~r~ shall b~ no tir~ w windtram inav~anc~ ~w ptaced oe ~~y oi ~a~d bvild'ups, My ifltHqf fhN~+A OI p1?i lFNflOI, unlNS In ~M fwm ~nd wi~h ~Fw lou payabl~ u afa~~aW~ ~nd ia ~M ~v~nt ~oy ~wn ' ol nqn~y becpnq p~yable w+der wcl~ policy a policies s~id MORTGAGEE ~MII haw tM option to r~c~iw ~nd apply tM wnw on accwn~ of tM indtbt~ Msf kcut~d I~~py or b ptrmit uld MORTGAGORS Io rtc~ive u+d us~ 1t p~ny parf th~reol fw othe~ purpoies, w~thoul Ihxeb~ waivi~g or ~mpair- ~np anY puiy, IKn w righ~ u~d~. a by virtw of this morepap~s and in th~ ewnl atid MORiGAGORS sMll fw sny r~ason iait w kNp f1w s~id pr~mis~s w f insw~d. or fsil to d~livM promptly ~r?y of s~id polKi~s of inawsc~cs 1o s~~d INORTGAGEE. or (+il promptly to pay fulty any pramivm tM«fa a In any r~~~ct (~11 b pafw~n, disdwQ~t. fXKVtO, fflKt• compl~ts, oomply with ~nd abids by 1hi~ cov~~aM, p~ny pe~1 Mrwi, wLd MpRTGAGEE may plat~ ~nd w~ paY for wch imw.nc~ or ~ny par~ tl,enof wi~hou~ w~ivinp or ~ff~ctinp any op~;on, li~n, eguity. a riph~ unde~ a by vi?~w of ~Ni Ma~s+pr, ~nd tM ~ full amount of Nch arw! ~wry wch payment ~hail b~ im~red~ststy dw and p+yabl~ u~d aMl1 bear 1/MlHM1 f~pll IM i~if tI1N~0~ vntil p~id ~t tM rat~ ol i~ nirr pK os~?tvm pN anrwm and toyether with such intKOS~ thall b~ secu~ed by ti+~ IiM oi this mortpy~. ~ ` 1. To pKmN, oommit a wffN no wa~t~, impairmeM a det~riw~ta~ oi a~id prop~rty o~ aery paA tMreof. . S. To p~y all u~d sinpul~r tha cats, cha?~es and •xpsnses, i~cfudi~g a+easonabls attorney's fee and ca•n of ~bstr~cts o~ titl~~ incuned or p~id at ~~y tim~ by said MORiGAGEf, beuuse w i~ the •v~nr of the faiiwe oa ths part of tM iaid MORTGAGOR to duly, prompHy ~nd fvlly p~.form, d~xhwq~ saecuts, eff~tt, compkt~, comply w~th and abid~ by esch u+d every tM stipulat~ons, prcenxnts, conditions, ae~d cawn~nts of s~id promi~~o~y e+w~ ~nd thy mort~apt anr p~i1hs~. and said coaq, charyei and ~xpens~i, each ~nd tvNy, shsll b~ inwoediaroly dw and payabl~j whethsr a not thsr~ be noriu ds~ mand. ~tt~mpt lo ooll~ct or wit p~nd~nyj and th~ full smouM of each and svMr wd+ paymant shall bq~ inltrq~ frpn Ihs daq ti+Keoi until paid at th~ ra~e o1 nine per unrum per an~wm; ~nd all iaid costs, chargQS end e:pensec i~twrsd or paid. tope~hp w~th iuch im~rest, ~hatl b~ secw~d by tFw IiM of tha mwtpap~. . 6. fl+at (a) ln the erent of any br~xh ot this 1Norty~e or d~f~uU on the put oi the MORTGAGOR, or (b) in tM ~wnt ~ny of s~td sums of money hcr~in nfe~nd ~o b~ not promptly and fully p~id wi~hin ~h~ny l30) days nex~ atte. the s~me se~aally b.cwne dw u?d payabt., wi~how dem~nd o~ notic~, w(d In tM ewnt e~ch and evary thr stipu~~ta~.s, agreemenrs. cond~t;ona and corensnts of se~d prom]swry ~ote ~nd th~s mw~papr any or eithtr an +wl iuly, promptly ~nd fvlly periormed, d~xhuyed, execured, effeded, completed, tomplied wi~h and eb~ded by, tMn In ~either w any avch ~vent Ih~ said ~g 9reyab sum msntaned ln ssid promissay note the~ remaininp unpaid. with i~te~sst accrutd, end al1 moneyi ucwed herreby, sMll becwn~ dw ~nd pay. sbls iwthwifh,, a thereafee~, at the option of said MORTGAGEE, ai fully and completely ~s if atl of the uid ~ums of money wer~ wiyinally st~pulared to 6e pa~d on wch day, anythi~ in ss~d p~omiasory r?o~e w in fhis Mw~g~qe ~o the conuary r+otwi?lutsnding: and the~eupon w thereafter at tM oprion of sai.i IMORT6AGEf, Wif~10Yf (qfiGf o? demand, suit at !aw a 1n ~qvity, thersfwe w thereaiter be9un„ may be prosecuted u if a!I moneys s~cv~~d hereby - had matured prwt lo its inaitution. 7. That in tha evero tMt ae iM bpinning of w~f any ~ime pend?rg any wif ~pon this Mongage, w to forecios~ k, w w r~fwm i~, a w e~fo.a PsyeMnt of ury daims h~revnder, ~a;d /NpR7GAGff shall apply ro thc Courf havir~g jw;sd'ution ~Ixreof fw the appoinan~nt of ~ Receive?. s~ch Court ihall Fwthwith ~ppoinf s roceiver of said mort9aged property atl and sinpula~, inct~d~ng all and singular tF+~ ir+com~. prof~h. iswes and rwenues from whaqver •ourn dKived. ~ach ~nd ~very of whKh, N beinp ~xpretsly undenrood. is hercby mw~ya9ed ss if specil~lty wt lath and dswibed jn tM printi~p ~nd hskkndw» clavses hereof, and wch Receiver shaU Mve sll tht broad ~nd ef(ecrive funct~ons and powsn i++ ~nywise emrusted by ~ Cowt to a Receiver, ~nd such appointment shall be mads by wch Cowt aa an admitted eyui~y and ~ rtytter of atnotute right to said JNORT(iAGEE, v~d withwrf rs(trence to tt» ~dequ~cy a in~dequacy of ~he walue of ~he property mertgaQed or ~o the w~vency or ~nsotvency of sa~d MORTGAGOR a ~he defenda~n, u~d ~Mt svch rCe~nt~. profin, income, awes and nvenues shall be appJied by such Receivn according to the lien w pv~ty of uid MORTGAGfE and the practiw of s~ch 8. To dvly. Promptty ~nd fuNy perform. dixharge, execute. effect, complete, comply with and abida by each snd every ths stipulations, sgreemenq. conditiwq and covenants in sa~d promissory note and thts mortgage set forth. 9. That in the eveM the ownership of the mortgayed premifes, w any pa?t thereof, bec,pmes vested i~ a pe.wn oths~ tM~ the MORTGAGOR, th~ MORTGAGEE, in successws ~nd au~gns, may, without riorice te the ARORTGAOR, deat with such sutcessw a succesw+ in interes? with rsfer~nte b this mat9a9e and the dcbl hKeby secured in tht same manner as with Mwfyapor without in any ws~ vitiatirg p discMrpinp tF~e Mwtgpor~' tisbility herr unde~ a vpon the debt hereby secured. No ssle of th~ premises hrreby morfysy~d and no forbear~nce on Ihe pait of tM MORTGAGEf w in suaeasas o. assigrn and no exrension of the time fw the paymeM of the debt hereby sccured givee~ by ths MORTGAGEE or its successors o? ~upro, sMll operat~ ?o releas~, dixM~q~, modity clwnpe a affW the pipinal liab~l~ty of the MORiGAGOR herein, either in whoM w in pu?~ . 10. It is spec~fically agre~d_ that tune is of the ea~encs of this coNract and thst no w~iwr o! any oblipation he~eunder or of the obtipation ~e- cured hereby sha(I at any tims thereafter be Fuld to be a waiver of the terms lureof or of th~ instrumeM iecu.ed herby. I1. In addnion to the fwego:ng monthly paymen~s of prin~ pal and interest requ~rcd by the promissory note secu~ed hereby, mortyagor covenants and agrees to pay to mortgagee v~ith eacfi monthly payrnenl an addrtiona! sum esNma~ed by mortgagee to be equal l0 1/12 of the anoust cost of the fol(pw- '^9: A-All ru! property ta:es kveEd w assessed agai~sr the above deu~ibed real estate. B-Premiums on fire and windsrorm insurance as htrein ~equ~red•to be urried on the anprovcmenta sitwte on the-sbove desvibed prem'ues. C-Premiums on such mortgag~ gvaranty i~wrar~ce as mortgagce ~iw11 from t:me ro time. deam f~t to carry on the {oa~ setured hereby. 1Nortgagee shall ~.om time to time notify mortgagor i~ wr;Nng of the amoum due and payabfe hereunder and suth wm ehall the~eupon be due and payabta on the due date of ~he next monthlr paymem and :ach succcssive mo~th thereafter ur.til mwt9a ot~f agor a chsng ' _h emou~t_ Such sums s1:a11 be applied by mortgagee toward tFx payment of real property taxes, insur pr m: and mortgag - guar ~ ~ y~e ' premiums. IN WITNE55 WHEREOF, the ~aid MORTGAGOR has htrcunto set his hand and seal the d and year t Oresaid. Si ~d. Seakd snd d livered in the presc~ce of: s-t- 1 q . f1~f0 AND RECORDEL n tT. WGt~ ~~1~xsY R~+ r c mene o aocEa Po?T~~s n raK c~pcutT ca~FT o an a . o ne o _ _ , c a ~ FtEd o ~ couNnrFOF ~~:(~~L,~,,,)~ ~ l 44 ~N a~~1~ Patrick Romanello Betore rn~ penonally app~a~ed and Yolanda A Romanello h~ W~~, to ,,,e ~n k„~„ ,,,d ~ m~~~. rM ind'nidwts desaibed in u+d who eaccut~d rF» fuayctirg ~nstrv,ner,t, and acknowlcdyed befon me t1,~t th~y ex~cuted tM sarr~ fa tht pwpoa~s ?~.a~, .xa~,.a. Ma r~...~ Yolanda A, Romanello w;ls of rhs ~sid P a t i c k R om a ne 110 ~ sep~rete ~nd p~iv~t~ ; xsmination by me taken teparate snd apart from Aer said husband, ~cknowledped ro snd befwe me that she executed said irutrumeM fraely and volun- ~ arily and w~thart ~r?y corr:putsion, cantraint, appreheruimr, or fsu of or from F~ aaid hvib~nd, WlTNf55 my hand ~nd official sea! thes ~~'M d, r 11 A, D. 19~ _ . Ww..y vub~ic cn .nd t« tt,. stato of ti0~.~r N, y Return Ta ` ` ~ ~~r~ . , ~ ,•.r: ' . . ~ . Fint Feder~l Sarinps 6 loan Aisociation Of Fort Pierce. • " ~ ~ A, ~ Fort Pierce. Florids + . ~ ~ ~ . . ~ $tote ot j~~ ' _ . i."~::5_ ....r . `~~~u~L,s~you. ~ •K'':~'30 . ~zu.. .....~Cb so. ia p . This Instrument Prepared By J. Hal ROberts ~ J7r. First Federol Savings b loan Association _ of Fort Pierce ~ Florida , Checked By0-Q - ~ K PdCf ~+~Jei _ _ _ ~ ~ ; ,