HomeMy WebLinkAbout0719 To ptscu ?~~d co~nnuw,s~y keep o~ tF~e b~i:d~ngs now w Mr~~lr~r ~itw~e or i.~d I~~~d •nd on ul: eq,~~.~n~n~ •nd penonally covered by ~h~s nwrtg.
egs, wdh all prem~vma Ihareon F,e.d m lull, hre ~nsuurue ~n IM ~swl surd~rd poiKy ~um. ~n a aum ?yµ~o~od b~ d~e MURivAGEf. a~0 wu~ds~oim
~nwr~nc~ in IM u~wi ~~~n.lard {w~•cy ionn, in a wm ~pptov~d by ~M MORiGAGEE, in wch ca»ye~ry or compan.es p tM /dOR1C,AGEE may '
d~ratl; a11 (ir~ •rK) Mr;ndilo~m ~niura~ct po~iua~ on any of said build~~yf, ~ny inte~e~1 there~n o~ parl thrreol, m IM a~grega~e wm ~furos+~d or
in ~xcsu ~Mreo(, ~MII contain the uwai st~ndud ma~paye~ clau~ a?uch o~Fw~ da~s~ as ~h~ Morty~yee rn~y req~~r~. ma?1n9 ~he ~oss unJe~ ?a~d pol~ •
ue~, each and every, payabt~ ro fa~d MORTGAGEE q n~ inletost may appta~, and e~th and •very ~uch po~~c~ ~hsil De promy~iy au qnrd •nd da~~vr~rd ~o
any h~ld by N1d MORiGAGFE (u~~M~ ~ecurity ~o s~~d mat~~y~ deb~. •nd. ~01 Ins than ten ti0? i~ys m ad~a~Ke ol ~he eap~~•non ol each poi~cy, ?o d~-
t~ve~ ro ~aid MORIGAGEE a renewel Ihereol, Ioqethe~ wi+h a rece~pl for Ihe prrmi~m o! tuch renr.val; e~~d ~hrre ah~t1 be no Lre o~ w~ndti~o~m inf~rsnce
plated on any ol ~sid bu~ldin9i, any io?ereil ~her~~n o~ pa~t ther~of, unleis in ~Fy (orm and wuh ~he Ioas pave4te as aloresa~d; snd i~ the e~ent any wm '
of mpn~y bcepme~ payable under s~ch policy a pol~cies ssid MORTGAGEE shall haw tF?e opt~on to rec~~ve and appty the same on acca~nt o1 the indebtrd-
neis stcurtd Fkreby o~ ~o pe~m~l sa~d MORiGAGORS to reccivs and u~~ it ar any part tl~r:eof ior o:~~~ r~.,,:~.~~rs. fn u~ c. ~
in9 any eqwty, I~en or right w+der a by vir~w oi ~h~s mo:tya9r, ~nd in ~M ~vtm ~a~d MGRTGAGORS shall fo~ sny rea~on fail ~o keep ~he s~~d prem~srs so ~
~nsured, w fail to del~ver prompNy any of seid polKies of insurancs to ta~d MORiGAGEE, a fa~l promptly ~o pay I~~Iy any prem~~m thrrrfo~ w m a~y
~eepeci (all tp perfpm, discharge, eaecuts, e(fett, comptets, comply with ~nd ~bid~ by th~s covenant, w eny por~ horeoi, se:d MGRfGAGfE mey piac~ e:~o
pay for ~uch inswanc~ or any par~ thereof wrthout w~ivin~ a~Ifxting ~ny option. lien. equ~ey, or ngFi~ unde~ w b~ vi~we of ~his Mo~~ga~e. •nd ihe
iull amou~t o( each ~nd svery iuch payment sh~ll be immedl~tely dw and payable and shall bear interest trom the date thereof unTil paid at the rate o1
n~ne per centum per ann~~n and ~o~elher with such inre~est shali tx secured by Iha lien of Ihis mortyage.
1. To pe~mil, commit a suffer no wa~ts, impairment o~ dcteriorerion o( uid propaty or ~ny part thereof.
S. To pay all and ~ingula~ the cosls, cMrges and ~xpenus, including • reasonsble attorney's fee and costs of abstracts of IiNe, incurred or pa~d at
eny rime by sa~d MORTGAGfE, because a io ~ha wMt of the b;tun on tM par~ oI tM said MORTGAGOR to duly, prompdy and fully pe~lam, d~scharge
~=ewes, e(fect, comptete, comply woh ~nd ab;d~ by ~ech ~nd every the st~pula~~ona, s9reea.ents, condl~~o~~, and covenams of •a~d p~omfsso~y nore and ~his
n,orrgs9e any or e~rher, and se;d costs, charge~ and eapenses, each and every, shall be immrd~ately due and paysble; whether w not there be no+rce da
rr.and, attempt to colletl pr suil p~ndirtg; and Ihe tull amount of each and every such paymenl ~halt bra~ intares~ from the date ~herrol untit paid at the
~,~rt~ of ruru per cemum per annum; and all sa~d cos», charges arid expenses incvrred .-r pa~d, togeihe. w~~h such imerest, ~hatl be secu~ed by the Ge~ of th~f
mortgsye.
6. That (s) in the event of eny broach of lhis Mort9s~e or defavl~ on JM psrt of the MORTGAGOR, or ;b) in ihe event any of sa;d sums oi money
herein refe~red 1o be nol prqnpdy and fully paid wirhin ~huty (301 days neat aft~r the ssm~ severe:ly betane d~e and payable, wi?hout demand or not~ce,
or (c) in ~he event each and every the ~Iipulations, agrcements, cond~tio~s and covenants of sa d promissory note and th.s mortgage any pr eithe~ are ~ot
i~;y, promptly and tully perfwmed, d~scharged, executed, effecfed, comp{eted, compl~ed wiih and ab~ded Sy, ~hen in e:ther w eny such event ~he sa~d ag-
gregate sum menrioned in said promiasory note then remaining onp~~d, wlth interest accrued, aod a~1 moneys secured hcrcby, shall become dve and pay-
eoie iwthw~rh, o~ thereafrer, at the opnon of said MORTGAGEE, af fvlty and completely as ii e~l o~ the sa~d s~ms of money were or~g~na~ly s~~p:~:a~ed
rc Se pa~d on such dey, anything in sa.d pranissory note w in thi~ Mwtgage to the conrrary ~ot~w~~hstand~ng; and thereupon w thrrea(ter at ~he op~~on of
~e.d MORTGAGEE, w~ihout nohce or demand, suit al law o~ in aqu~ty, therefwe w thereaher begun, may be prosec~ted as if all moneys secured hereby
n,d msrured pr~w to ~R ~nit~fur~on.
7. That in the event ~hat at the (xginning of o~ at any time pending any suit upon th~s Mo~tgage, or to ~oreclose it, or to reform it, or to enforce
payme~f o1 sny tiaiina ht~tunde~, uid MORTGACsEE shall apply fo t!x Cov~1 having jur~sd.ction thereof for 1he appo~ntment of • RKewer, tuch Court shail
ic~rhwith appomt a rcceiver of ssid mortgaged property aIl •nd singular, inctud~ng all and singuisr the income, p~otAS, isaues and revtnues lrom whotever
scurce derived, each end every ol wh~ch, it beirg expressly understaod, is hereb~ mortgaged as ~f spec~fically set lor~h and desuibed in the g.aru~ng and
habendum clauses hereof, and such Receiver shalt Mve all ~he Moad and effctr~ve funct.ons a~+d powers in anyw~se emrusted by a Cour~ to a Recriver, a~+d
+_ch appointment shail ~ made by such Court as an admitled eyuity and a matter oi absoiu~e rigM to said MORiGAGEE, and wirtwut refarence to the
adeq~acy w+nsdeqvacy of the value of the prpp~~ty mor~gaged or to the so;ve~+cy or inicl~ency o( said MORTGAGpR a the defe~dants, a~d fhet such
re~~+s, profit:, income, issues and revenurs shal! ~ appiied by such Receiver accord~ng to tM lien w eq~ity of said MORiGAGEE and the p~ad~ce of such
Co~rt.
3. To duly, prompely and fully pe~fo~m, discharge, execute, efiec~, complete, comply w~th and abide by each and every the stiputat~cns, agree~ncnts,
conditions and tovenanu m sa~d promisso+y note and th~s mc~tgage set fwth.
9. That in the event the owncrship of the mortgaged premises, w any part thereof, becomes vested in a person other than the MORTG:.GOR, the
N.ORTGAGEE, its wccr:wrs and asvgns, may, without no+~ce to the MORTGAOR, deal with such successor or successor fn :nteres~ wi~h reference to ~h~s
rcoregage and tne debt he~eby secured in the same manner as with Mortgagw w~tFw~ut in any way vit:ating or discharging the Mortgagors' IiaO~~rty here-
under a upon the debt he~eby secured. No s+te o( the Fremises {~e~eby rtq~tgaged and no forbcaran~e on ~he Far~ o~ the fJ10RiGAGEE or its successors
or aavgns and no euens~on of the tlme fw the payment of the debt F~ereby setured givert by the MORTGAGEE w its successws w ai~gns, s~,aH operate
ro ~Neax, d~xharpe, mod~fy thange a affM the ong~nal Iiab~Gty of the N10RTGAGOR herein, eitAer in whoie w in part.
10. It is specificatly agreed thsl time is of the cssence of this contrxt ~and fha~ no waiver of any ob:~gat~on hereunder or of the obliyation sr
cured hcreby shall at any timc thereafter be hefd to be a waiva of the te?ms hereof a of the insrrumeM setured F~erby.
11. !n add.t~o~ to the lorego ~~~mor.thty paym~nts of prir.c paI and imeresr requ~red by tbe prom:su~y no~e secured hereb~, mortga~o. covenants
s~,d agrees to ~ay,to mo-tgagee ~n~rh each mc~th;y pa~~:ent an add~rional aum est~mared by mortgagee to be eq~sl to 1, 12 of the annual cost of the foliow-
.~3: ,
A-All real property taxrs lened or assess_~d agai•~si tke above described ~cal esrate
B-Prcm~ums oo fire and w~ndstorm inwra~ce as herein requ:red to be carricd on ~he [mp~oveme~ts s:tvate on rhe above descr~bed prem~ses.
C-Premiums on such mortgage quaranty insurer,ce as rtwrtgsgee shail (rom t~me to time deem fit to tarry o~ the loan sewred hereby.
Mortgagee sha~l 'rom t~me to TIRIC nonfy mortgagor in wrir~ng oi the amou~t d~e and payabte hereundr. and such sum sh~!! thereupon be due and
r+yzbte on rhe due date of the neat moath:y payment and-each successive rnonth thereai~er uctil mortgagee shall r.oniy mortgegor of a change in such
_ e~nt. Such swns s1~a;I tx app!ied by mortgagee toward the payrr.ent of real prope.t~ ta,ces, insurance prem.ums, a~id mort e guaran?y inwrac~e
-~~e~n+ums. ~
~ IN WITNES$ YJHEREUF, fhe said MORTGAGOR has hereunto stt his hand and seat fhe d~ and year (irst a!o said
j Signed, Sesled ar.d detivered in the presence of: l' ~
- -l ,t~
_ t cLI (L . O ~ T • (Seal)
i ~ ~ ~ (Seal)
~ ` , ` (Sealy
8 . ~1
ti.
~ Si:+TE OF FLORIDA - ~ • . ~
~ ~UNTY •Sti. L11Cle ~ • ' ^ ~ •
OF.
~ Before me personally appeared J03 h A. ~'.~1~A0 Jr. _ •
~ • ' '
and
~ - ' P8~@18 I'. C~AO ' his w~fe, to mF wel~ k and {crwwn to mr to be
rhs individwls dexr~bed in and who eaecuted the for~°' r~g~ _ins~~rvment, ~nd acknowtedged befwe me that they *ipLEJledn~the.~a~~~~foF= the purposes
ihe•etn exp~essed. And the ~aid P810@18 T,. 1~].111A0 - l:
~ , Jos h A. Ci.~ino Jr. ' ' f~'''`~
r, . e of the ssid ~ f ~r' ~ Vipo i'lrparMe and privste
-j'7' . _
~ e.a~rnation by me taken scparate and apart irom her. said husband, acknowledged to and before me that she executed said•ipstrurnent freely and volurr
~~.,!y and wnhout any compulsion, co~straiM, apprehensjon, or fear of w from her snid Fw~band.
~ WITNESS my hand and official ual this- /
F 5~ dsy of ~ly A_ D. 19
~
~ ot y P blic in and for the State of Fbrida at la~ye
y My C mission ~xpires:
~ Return to: , ~_a~~
First Federal Savings d Loan Assouation t~~
; Of Fort P.erce. S~`a,~ ~ S~~;~ j=,,i~,
z fort Pierce, Florida K~~ ERP=~
t O'1 ~ap~11~?f~ .s• '
p fllf0 ANO RECORDED
• =T. LUCIE.COUNTY FLA.
~ . this Instrument Prepared By GaY`Y F• ~~1'~Od ROCEP. POITRAS ~
~ ClF?K :~;CUIT CO!JR'
F~rst Federal Savings & Loan Association ,
~ of Fort P;erce ' y~F~En
~ Fort Pierce, Florida 33450 ~ul ~0 IO Au
~ , . HI7
~ ~hAcked BY
~ '
s~ 271 7~,g .3'7253
~
= ~ _
_:1