HomeMy WebLinkAbout0430 To pl~n and conNnuo~~ly kNp on ~h~ bvildinp~ naw a Iw~afwr N~wN or ~afd land ~nd on ~11 pvipn~M a~d p~no~~lly covK~d bt~ ~hif narq~
sp~. with ~11 pr~miwns ~Iwr~on p~~d ie /vlb tir~ krwanc~ In th~ wwl ~taabrd polic~? 1am. M• wn~ ~ppror~d by tM MORTGAGEE. u+d wu~duam ,
Inwr~na in tM v~ual Nandard poGcy fa~ b ~ wm app~rowd by tly MORTCsAGEE. M wch company a canpM+iM N ~I» N10RiGAGEE may
dinc~t N~d ~11 iit~ u~d windiwnw irrwana Paiti~s an w~y of ~ buNd'a~p*, any InNra~ ~FNrNn w pw1 ~Mr~oi, in tM +pq?p~q ~wn ~fwtwid ot • s~
In ucoaa tMrwt, ~MII contain flr wwl p~ndwd n?wqpN dww a wd~ o~ clwN a ~M Mor~~apN ~y ~p~~r~, n+a?inp the ba~ u*d~r ad po1E ~
ctw. ~+ch and .wry. Wr~b1~ w aid MORTGA~3EE a iM M~Nr~u ~nr ~PP~N. ~nd ~ach ~nd ~w.tr wd? Po1K1r sMU b~ promWir .u.~d +^d d~li~aed a
~ny h~W by wW MORiGA~iEE a funlw Ncwit~? ro wid maqap~ d~b. +nd. nol lea Nwn wn l~W da» In ~dv~nu of ~M ~xp'aat~on ol ~.cA Po1KY. ~o dr
liva b wW MORTGIIGEE a r~wN tMnof. top~d+K wk1+ • nuiW fa tM Pnmiwo 01 wch r~wali ~nd tMr~ ahalt b~ no fi~~ or wir,duam inswu~c~
pbad on any of s~id b~ildlnp4 ~e1?_ intN~q tMrNn or pwt M~roof. unNss In th~ fam ~1 with ~M loss paYabl~ q~for~saidj u+d In ~M ~wnt u,y awn :
oi erqMy b~tanMS payabN ~x~ wd~ polih? a poiKNS ~ad Mt7ltii`sl?ti~E ~iwii iww ti» op~ion w r~uiw ~no spPir i~. :c~~t sf :!?s «.3~~;:~-
rww Mew~d Iw~by w a pKmif wid MORTG~AGORS ro haiw and uN It a W?y put tMr~of (a onc~~ purposes. w~~hou? ~hereb/ w~ivinp a unpei~- r;
+~+o Mw ~jh. li~n a ripht wxl.r o. by vinw of this nw~rpap~j and b ~M ~wm Nid MORT(~AGORS ~M1I IW Mly t~~fWl f~i) 10 kNp 11M Mid p~~miN{ W
insund, a f~Il 1o d~livM promptfy ~ny d ~+W policiM d Mw•a~a a u~d 1NORTGAGEE, a iail prompdy w pay f~11r ~ny prem6um thsr~fa a in ~ny t~
r~sp~d fad to pKfan~ dbcl~y~. ~x~cuh. ~ff~d, canpl~h. oomplY wrUh w~d ~bid~ py ~hb aove~+nt, w any puf Mr~of, said MOitfGAGEE m+y plx~ and
P~Y 10f tYCh IIAtJtYK~ Of N1y P!H fi1~1~Of Wt1il0Y1 WNVMIO Ot N1K1M10 Niy Oplqfl~ IMiI~ iQYii~~ W Ii~(O WiWt tYi t/y vitftN uf ii+is iiw:iycyc. d±.~ s'~~•a ',i.
fult ~mowq of ~aeh and wKy weh piynwnt ~I~all b~ in~di~hly dw ~nd p~r~bN u?d ~hall btar IntNa~ i~oen tiw d~» tht~wi vn~il paid at ~M rat~ ol •
n~rw pK annan p~r amw~n .nd rop~rM. wirh wch in~Kat sAall b~ wcw~d by ~M li~n of ~hi~ rnortpp~.
s. To p~rmi~, oa~n+tt a wft~r no waN, ImP+knwn~ a d~a~iontio~n d uId prop~rty w any part tlM.~of.
5. To pay all aed atnputar th~ aoa~s, chwpM +nd ~xP~rw~, inckdinp ~ n+wn+bM ~tronKt?~s fN w~d oosn d abstr~cu of tlfl~. incurnd a p+id at
any tGn~ by aaid NIORTGAGEE. b~nus~ a M 1Fr wMt ot Ih~ failw~ on tin pwt d tM s~id MORTGAGOR b duly. ptomptiy a~d luUy p~+lan4 d~atharqe.
•xeevt~,, ~ff~d. eanple~~. aoTplr with and ~b`d~ by ~ad+ ane! ~wry tM stipul~tiora, apnMwnf~, eord'itioeN. ~nd oownanM of wid proeni++orY eah ~+d ~l+i~ .
monyq~ u~y a~~~iar. and ud cosh„ d~upea and ~xp~nws, ~ach u+d ~wry. shall b~ Mwn~di~~~ly dw and p~yabl~: wMtMr w not Mer• b~ not~u d~
mand, an~rnpt ro oolNct a wit p~ndinpr and tM futl anwunt of McA and wMy wch paynwn~ ~Mlt bw int~resf from ~M dat~ ther~of until p~id at the
rate of niM pN ttntvm pe~ arwwm; ~nd ~11 pid cosn. cF».pes and uqpNws inarrr~d a paid, toqNMr wirh ~uch ietK~at, ~I~sll b~ s~cund by tl+~ IMe of thi~
mortpq~.
6. ?lu~ w in th. .v.M of «,y br..cn of tN. ,No.1p.p. o~ tl~•r.uh on d,. p..f of ~M MoaTCACOR. or ro) in th~ .,~.M «r,~ of ..id .e~rM of mo~.,i
her~in r~fKnd to b~ nW promptly ~nd fvlly piid witfiin thi~ty (30) days n~:1 aftN tFw sarn~ s~wratly beca*w dw ~~d payaW~, wi~how dana++d or notics,
or (c) in ~he ewm •~cA and .v.ry ~M •rlpul.nwa„ gr~n.n». aondi~iau a+d cown.nn of ud pra~uuay note and flr~ mo.t~ap~ any a ~i~he* ue noe
iuly, promptlp ~nd fuly ppfwm~d, d~sd+arped, ~~ua+t~ ~ff~d~d. canpl~t~d, compli~d witA and ab~d~d btr. ~Mn in eid~ a~+y wch ~wnt ~M s+~d ap~
W~9a» wm n~~ion~d In s~id promiuory rat~ IMo r~ini^o unP+id, with intwyt accrwd, arwl all morKys ~etw~d hK~by. ahall becan~ dw and WY-
ebls fathwith, Of tlNfNffN. at tM optan of s~id MORTGAGEE, .s tv~h .nd co~k~ehr as if •II of tM a~~d wms oi ~nawr were uipinally secpu~a~ed
ro be pad on wch d~Y. anythinp in said promiuory ean a In thi~ Mo~rtp~ ro tM oontr~ry notwi~hsundinp: u+d therwpon ot thertahN ~t ~M option of
taid MORTG/1GEE, withovf ~+aic~ w d~ma~d, wit at Iwv or in pvfty. Mer~fon a therea(t~r bpw~, m~r b~ pros~a?td a if all monsy~ s~wr~d haeby
had matund pior fo its irWit~rtion.
7. Th~t in tM went tMt ~t M~e bepinniny oi a at ~ny tue~ pNdinp a~ryr wit upon tFds Mo.tpay~, a to for~clok i~, w a r~fonn it, or to N?!aa
payment d aeqr daims hawnd~r. wid MORIGAGEE sh+ll ~pply to th~ Cowt havirp juriadiction tF?ereof (w eM ~ppou+tment of ~ ReceivK, wch CwKt shall
Forrhwiti~ ~ppoNt a r~uever of said mortqa~d prop~rty all and sinpvla, aKlud~np ~II ~e+d ~inpulu th~ inoonw, profib. i~sws ~nd ~~venws frwn whaf~ver
wurc~ Jeriwd, ~ad~ ~nd evKy of whKh, it beinp enpresdy w~d~niood. is hs.eby ma~papsd as if sp~c+iiully set fa~h a+d dNCribed in tl» p~anrinp and
habenJum dawM h~reof. w?d wd+ Rec~ivr? shall I+~w ~11 th~ broad and effactiw ivnct~ons u~d powas in anyw~se entrusted by a Cam b a Recsiva. and
•uch ~ppointm~nt sAall b~ mad~ by such Court a an ~dmi~ted equity ud ~ nwtt~r of absolWe ri9h~ ro i+id MORTGAGEE, arr! withour nf~renc~ ro tM
edequ~cy w in~dsquacy oi tFw valw of the property matyapd a 1o th~ w~vency or ~idre~cy oi aid MORIGAGOR a tM defa~dann, and that wch
ren~s, profin, incane, issues and rw~m?~s sh~tt be ~pplied bp wch R~ceiver +ccordirg ~o tM lien a puiry of said ARORTGAGEE and th~ pwctice of such
Covrt. ' ~ .
8. To duly. P~^P~M snd fvlly p~rfone, d'ischa+~. ~x~cut~. ~ffect. conpk~e. complY with and abide by sach and every th~ stipulata% ~reertroMS,
eonditiau and eoven~MS in sa~d promissory not~ and this mortya~ ~st fa1h.
9. That in th~ event the own~nhip of tiw rnort~apd pre~ni~ a a~y pat ther~of, beco~nes vested in a pe?wn othe~ than the MORTGAGOR, th~
MORTGAGEE, Hs wcc~ssors ~nd ~uipns, may, without notic~ to tM N10RTGAOR, d~al~ with wch successa a wcceuor in intersst wi~h ~efm~nce to ~his
mo.t9a~ u~d tM ~ebt hereby sewr~d in tM sam~ mur?er as with Mat~pa withovt in any w~r vitiatirg or diuharqing tM Morsq~yas' Ilability he~
under o? upon the debt her~by s~cwed. No sab o( th~ premisn her~by ioorlp+y~d and no forblaraece on tFw p~rt of the MORTGAGEE w i» successws
w assiym and rf0 !l[fM3ip1 O} N~O timf fp t11! PiyRNnf Of ~FN ~1 Ilt~~y NCW~iI ~iWf1 by the MORTGAGEE w iq auaeswn ot ~sripn~, ,hall operatt
ro ~etease, dischsrpe, rrwd~fy ch~eg~ w aN~et t!K oriy~n+l Itab~l~ty of tM MiOItTG/1GOR herel~?, ~itlw irt wlwb a in psrt.
10. It b spedfically ap~sd tM1 Y~me b of tM aseno~ of thit caMr+ct N+d th~t no walwr of aiy oblqatan hs~s~w~d~r q of the oblipatan tr
wred ha~by sfull at any time tMr~ah~r b~ hsW to b~ a waiwr of th~ Urens hawf at oF 1he irytrum~nt ~und Mrby. .
I 1. In addnion to tAe fwpo:ng ma+thlp p~yments of pin~ p~l and in*erost r~qu'ved by fhs promiswry nWe secured h~reby, mplyagor covensnb
and agrees to pay to mor~gagee with each monthly p~yment ~n sdd~rional wm estimated hy morty~pee to be eqwl to 1/12 of the annusl cou of the fdlow-
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A-All re~l property taxes Itvied a aueued ayair~st the above described real estate.
B-Premiums on fire and windstorm inwnnce as herein requ:red to be turied on the improvemenb sitvate on the above dexribcd premises.
C-Premiums on wch mort~+g~ gw.anty insuranoc as mwtyap~e ~hall frort, time to time deem tit to carry on the {oan secwed hereby.
~ Matgspee shalt from ~ime to time notify matgapw in writing of tM amount due u~d p~y~ble herove~der snd uxh wm shall thereupon be due and
' payabk on the d~e dats of the ~ext monthfY p~rment and ud~ axcessiw montfi theresha v~til mortyapee sh~ll rarify mortyagw of a ch~npe in sucfi
~ amount. Such wms shall be applied by matga~ee towm! the p~ym~nt of re+l prop~rtp taxes, i~nur~noe premwms. ~nd mortyage ywranty insunr~ce
~ premiurtM.
IN WITNE55 WHEREOf. tiw ssid MORTGAGOR fw herevmo s~t bis h~nd and seal tM day and year f'wst ~for id.
x Sipmd,, Salad ~nd ddiwr~d in Nw p~s~nce of: . ' ~
. t
ose A. Rivera ~ ~
L~J (Seaq ~
Echia K. Rivera ,~,n
STATE OF FLORIDA ~
m~~nitt? ni St.. Lt1C~e ~ ~5.
~f~. ~~uY .~.u.a Jose R. Rivera ' ~
8 • his wife, to m~ well known and krawn to me to b~
rhe indlvidu~ls dewibd in and who enawt~d ths fwpoinp instrum~nt, and ~cknowledp~d b~Eore me tMt th~y ~x~a,ted ti+s ssme for the purpoaa
rherei~ ~xpressed. Md t}N ~~id E[~]g N. ~VS i'g
..~fe of tM wid .los~ R. ~Ve2'8 , vpon a sepsr+ta and pirvst~
exemtnatan br me tsken s~p~?~t~ ~nd ~p~t from her aaid hu~band, adu~ovnbdpad b~nd be~on rn~ that she exctvted said irotrurnent freely ~nd volurr
tari~y afld wit~lOY~ bly COmpYl~ipf, tOnftqiM, aPPIl~M1KlOf1. Of ffM Of p}IO~II ~1K Nld ~M! iOl~r'~ ~
1K ~
WITNESS my h~nd and official s~al rt~. ~~Z__ ~y ~ f rl :
. , ' ~
~
_ . ~
Notary Pvblic in and iw t Sut~ ~ ` -
-
My C~iafon ~:pires: : ~ : ~ ~ J . , -
Retum Ta I. w i (3 ~ ~ ~
r. . .
fint Fede~al Savings i loan Aswceation ' .
Of Fo~t Pierce. ' ~~K ~ ~ n ~`r ~ i
Fort Pierte, flwids ~~JO~ ~~1a1 ~ ~:•~~'~~e'~ . ~
~ 9
~+o~ u~u vaK Ms. u~oea~:-. ~
.y .
• ~
This Instrument Prepared By Cal'ol B. BUTns . ~ ~
First Federal Savings ~ Loan Association `
of Fort Pierte ' `
Fort Pierce, Florida 33450 ERR R ' t
ar~.~~.ry CSQC~ ~
a,E~E vRi ~
~h~k~ ey Juk 1~ ~ '
~ 38 A~'~l ?
~i -
4 " BQO~ 270 ~ 430 ~ ~ ~