HomeMy WebLinkAbout0723 To pl~c• •nd conhnvou~ly k~eP on tl~e b~,~ J,~~~s no+v or I~e~eaf~er ~.+~sfa o,• ~.:,.1 ;r~ ~ e; ~i ~n o' ~.~..~i.:nrm and pe~~an~tly covered b~ Ih~t rtwr~9•
•gs, wilh All premivmf ~bereon pa,d ~n lull, lue u~wunc• ~he us~s: uo;~:w~d y,o .c~ fm~u, ~n e~..:~ eHy,~.ed b~ +Y~e MOY~:+:~GCE. •~~d w,~~Ji~u~m
in~~r~nc~ in ~M uiwl Nandud poi~tY form, in • ~um spp~o.ed b~ ~he MuRiGAGEE, u~ such aon,N~~~~ or C~~mp~n~N ~t ~h~ MORIGAGEE m~y
dutcl; ~r~d all 1i~~ and wint?florm inwr~n~~ polic~ef on •ny ol s~~d twud~nya. •ny in~drr~t the~r~n o~ p~rl ~ha~rol, m IM ~99req~r~ fum afw~Nid o~ t.
in e:tsu tMr~oi, ~MII tomain tM wwl at~ntlard mat9~y~e cleuse o~ auch ahcr c~ausc a• ihe M~~~y~~ee msy rey~~r~, mak~nq tM ioti~ uncla •a~d poli-
ua~, ~ach and •wry, paYable ~o ~~~d MORTGAGEE ~~~ercu ~n~y aN~.e~r, •r~d rach e~J r+r~v +vch ya ~cv ?heil 1~ piompuy as ~,n~d aod de~~vered ~o ~
•ny held by s~id MORIGAGEE iur~h~~ ~eturity to a~~d ma~qafl~ drb~. •~~d, not Irai tFun ~cn ~iUi d~yf ~n ad.o~~~e ol ~he ?+cN~r~~~on oi each po~~cy, ~o dr
4ver to s~id MORiGAGEE • r~new~l 1}~ercof, to~a~ha~ wirh a~cce~pt lo~ ~hc p~emwm of iuch fC~•l'NJI; a~~d +hnre ~hall ba no Lre u~ wu~dstonn inwr~nc•
plsced pn ~ny of said b~ild~npi, ~ny intero~l tM~e~n o~ par~ ~he~eo(, u~.!rsi in the loim er:d ~,~h ~he ;~ss ~:ayeuie a~ sfores~~d; and in the event •ny fum
of mpewy becpmef payable ~nd~~ fuch polity a po6cief faed AAORiGAGEE shail have ihe o~~r~on ta rrc~~+e a:~d ep~~ly rhe same on account of ~he indebtrd• -
ness tiecured h~~~by a ~o pcrmit s~~d MORTGAGORS ro recaive a~d ~~e ie or e~~ ~,r T?,•, ~~.~f _,rs. ~;~o.:t ~h,,. ~a~.~
~ng any pvity, lien q riyhl undar or by vi~lw of Ihis mo~tgay~; snd ~n the evem sa~d MU~2TGAC;UkS s1~~!1 for any reason (ail to keep ~ht u~d p~~m~~ef w t~
inaured, or (~i~ ro defve~ promplly a~y of sa~d pol~cirs of ins~~ante to se:d MORIGAVEE, o~ f.,~' p~~.n:~.tiy iu Nay fuity any p~a~~t~U~n thrre~o~ o~ in a~~
~espetl I~i) ro per(wm, discharge, eaecut~, e~fecf, compfete, comp~y wi~h a~ul ~b.Je by ~n~s cove~~~ or eny S;.,rf hr~eof, ae~d MuRTGAGEE may p~ece •~:d
pey fp s~h infut~ncs o~ any p~~t lheteof wi~hout waiving a•ffcdinp any op:~on, tirn, ayuny, or r.y>» undcr or b~ vir~ue of thi• Margays. +nd thc .
1~11 •mainl of tath and Wfly ~uch paymeM thsll be im~ncdi~?ely d~e and psyab~e ard s~~all txs~ 1f~:2fFf1 (rom the date the~~o( until paid the rate o1
nme per tentum psr annum snd togethrr w~th fvch ~roerest shal+ tx secured 6y thr dien o1 th~~ moreyage. • ~
1. TO p~rmit, commil o~ suffe~ no wasl~, impairment p deterioranon of aaod p~oyrny p~ any pa~t thrraol. ~
i To pay all ~od sinyul+r ths cosh, eMrg~s ~nd e¦penses, ~~+clud~~~g ~ reasonable anor.,~~'a fee and cc.sts oF ahst.acrs oi tc~e, incurred or ;,aid a~
eny time by ~aid MORTGAGfE, beca~s~ or in the evenf of the failure on ~ne part of it~e sa~d MUkiGAGOR ro d.:iy, p~omy~ly ~nd fully p~rtorm, d~xhsrge.
e,ecut~, tf(M, complat~, comply w~th and ab:de by ~ach •nd every the stepulehoos, eg~~•r~~~rn4, cond~~or~s, and cove~~nti of ~aid prwni?wry note a~d th~t
n,orfgays any or ei~her, and sa:d costs, charge~ and c~pensr~, each and e~ery. shall tn mimed~ately d.,e and payable; whHh~~ a not there be no~~ce da
mand, ~tttmp~ to tollKt w suit peod[ng; and the full amouM of each end r:r~y such parmrnt ~I~,,It bea. imrrea~ from ~he date thereof until paid at the
~afe of nine pe~ cent~m per sn+ium; and all said costs, chargea ard ex~~ses irc~rred or pa~d. ~oy~il.er w,th wch in~ero~t, sMll b~ secured by the lien oi th~f
mortg~.
6. Thal (a) io the evenf of any breach of lhis Mo~tgs~, e or defau~t o~ ~M pen of ~hc h,CikfGAGt7R, or ;b) in the eve~t any of sa;d sums of money
he~ein r~ferred to bs nOt p~omptly and fully paid within thu~y ;30) d~ys nrat a'tter tne s~~~~e se:~~re:~y brco~~~e due and p~Yable, w~~ho~t demand o~ notica, `
or (c) {n the went eath and wery Ihe fiipuia~ions, s9reements, condmons and cuvenants o~ s~ d p+o~~isw~ y note ancl th;s mortgsge •ny w either are nof
~uly, promptly and fully pHfwmed, d~uMrged, executed, elfected, complered, comyi,ed w~th aod ab~ded Sy, then in e~ther or any wch ~veM IM ~s~d ~g .
greget~ wm mentaned in s~id p+omiawry note then rrma~ning ~npa~d, wdh i~terosr acu~ed, and moneys secured hereby, shall become dw and p~y- ,
eb'e (wthwith, or thereafter, at ths option of said MORiGAGEE, as iuliy a~zf completc~y as i! a~l of ~F+r seld sums of mo~ey were or~g~n~lly sfpulsted .
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to be pald on such day, anything in sa~d p~om~sswy ~ote or in this Morrgage to the conira.y nctnnt,srand~.~g; and ~hereupon w thereaf~er a~ ~he opT~o~ of ;
~a~d MORTGAGEE, withoW notite Qr demand, suit at law or in equuy, therrfore or thereahr. beyun, n.a~ be prosecvted as if all moneyi secured hereby ~
had matured prror to ~ts inatiWtwn. .
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7. Thaf in the event thaf at the beginnirg of or at any time pend~.g any su;t upo~ t1.~s Mo+tgage, or ro to~eclose it, or to reform it, or fo enfores ~
paymeM of any claims he~euoder, said MORTGAGEE sha!! apply to the Covn heving ~u~~nd.ce.or. +hc.eot ior ~hr appo~n~ment of • Receiver, such Court shall ;
forthwith ~ppoint a roceiver of said mwt9aged property all and singular, inc!:~±-•q ail and s~ng~iar the inco~ue, prof~ts, iss~es and revenuef lrom whetever ,
sou~te derived, each and ~vtry of which, i1 bei~ey eapressly unde~srood, ~s tereby nonyeged as ~f speuficaily set fo~~h and destribed in Ihe yr~ntir.g and j
4•w~+dum clavses he~Mf, ~nd such Receiver shall Mve ell the broad and effrct~ve funcT~ons end powe•s in anyw~se entrusted by a Cou~t to a Receiver, and
s~ch eppoimment shall be made by such Cou~t ~s an admitted equity end a mairer of absolu~e r~ght to sa~d M~JRTGAGEE, and without reference ro the
edequaty or in~deqwcy of the wl~e of the p~operty mwigaged or to ~i+r so:vr~cy o~ ~nso:.cncy ot se~d /dORIGAGOR w the de(endants, and that suth
re~TS, profits, income, issues and revenues shall bs appl~ed by such Recr~~er accwc;,ng to ~he ;~en or equity o( sa~~ IV10RiGAGEE and ~he practice of such
Court.
8. To duly, promptly and fully per(orm, d~scharge, execut., effect, COmPIETe. COn:NI f w~fh and ahide by each and every the stipulst~ons, agreementa,
condlr~ons and covenants ~n sa~d promissay nore and ~h~s mortgage set fwth.
9. That in the event the ownersh~p of the mo+tgaged prenuaes, or any part ~hcreof, 6ecomes vested in a person other Ihan the 1NORiGAGOR, the
!1,ORTGAGEE, its successors and afsigro, may, wi~hout notice to the h!ORTG~OR, deei ~nh wch suc;essor w successa in interest with refere~ce to thia
~*'o~lg~ge ~nd Ihe dtbt hercby setured in the same manner as w+th Mortyagor w~tho~t in an1 r~ay vit~ating w d~scha~ging the N4or~gsgo~i lisbifity he~a
under or upon the debt her~by secwed. No sab of the prcmises hereby mortgaqed •nd no forbeara~,ce o~ ~he p~rt nf the /JIORiGAGEE or itf successors
cr essigns and rw eatension of the time fw ths peymero of the debt hereby ~ecured given by the MORTGAGEE or its ~uccessors or ass~gns, ?~wll operate
to release, d~schar9e, modify thar.ge or a(feU the o~ig~nal ;iab~~ny of the MORfGAGOR I~erein, either ~n v~hole w in psrt.
10. It is specifica~ly agreed thet time is of the essence of tl,~s contrac~ and that no wa,ver oi any obi~gat~on hereunder p of the obiigation se-
cured hereby shalf at any time tFINNftN be held ro bs a WdIVN of ~he terms Fxreof o+ of the instrumene secured l~erby.
11. In add~tion to the fwego:ng moothly paymcnts of p~fnc pal end 'uae~eat required by the p~o~~~aso~y no!e secured hareb~. mortgagor toveneM~
a~d agr~s to pay to mortgagee with each monthfy pay,.,ent an add~~~onal sum rs~~:~ ated by morrg~gee to De eqva~ to l~lT of rhe ~nn~al cost of the foliow-
;n^y: I
A-All real ptoperty taaes tevied o+ assessed ayai•~st thc abo:e desc~i~• d real es~~re.
8-Prem~ums on fire and windsta.m ~nw~ance as herem reqv:red to br car~,..d o~ ',he .mr~ov~men}i s:ruate on th~ above described premises.
C-Premivms on such mwtgage guaranty inwror,ce as mortyagee sh3'1 !ro~^ t~.-.e to r,«.~• dc<<n f~t to carry on tne loan secured hereby.
Mortgagee shall from Iime to time noti}y mortgagor in wr~t~ng o~ the artwu~t d.~e and payable ~ereundtr a~d wch sum shall the~eupon be due and
r jyable on the due date of the next month'y paymem and each wccessive m.cnrh tnerraher ur,nt mcrtgayea shall noGfy mortgagor of a change in s~ch
~-o~nt. Such sums sh.all be applied by mortgagee ta+vard the payment of rea! property taaes, i:~sv:a:ue prem;vms, and mortgage guaranty insurance
~ c•emiumt.
IN WITNESS WHEREOF, the said MORTGAGOR has hereunto,set his hard and sea~ the day and year first a4oresaid.
Signed, SeaI~J and.delivered in the presence of: ~J/ -
- ~ ~ _ v --(Sea9
;1'~ ? ~ ? j. ~ e . ig i
~ - - - f ~ ' " (seaq
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~ _ . ' ~.t ~ ~ f~' -f'~.~ ; ~~@la -!i. M1~1R' (Sea~
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~ ST:.TE Of FLORIDA
~ St . I~1C 1 e ~
~ CJUNTY OF . 1
~ Sefore me penonally appeered Josenh V. Mlqllfl0
; Paaela B. ~'11 1Z10 _ _ his w~fe, to me well known and known fo me to b~
t
~ rhe individwls described in and who executed the fwegoiry instrumeM, and acknowtedged befooe me that they executed the same for the purpoxs
~ ,h<~~~~ ex~,~~~d. a,d r~ .s~a Paaela E. Mialino
~ «cfe of tF~e wid .1Q5$L V. 1N1QI1T10 _ ~pon a separpte snd private
~ e.am~nation by me taken separate •nd ipart from her said husband, acknowledged to and before me that she eaecuted ssid instrum.+nt freely and volun-
~ ra~~iy +nd w~thovt a~y compulsion, constraint, apprehenaia+,to~ fear of or from her said husband.
WITNE55 my Mnd and official ieal this ~ dsy of .ju13/ , A. 0_ 19 ~
/
~ ---\~s -t i~ l ` . ~~t
Norary Publ~c i' nd the S~ate of Fbrida ~t larye
~ l~ty Comm.ssion eapires:
Return To:
Fint Federal Savings 6 toan Associat~on Hp~pry public, Sta!e of Fl~rida^at Lnr9~
; Of fort P~erce. Lo~nm:ssion ~+~~~s 1°~~f '19T7
Fort Pierce, florida ~d by /4nercon Fua ~ Casuo~t~ CO.
~ ~ • .
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~ This Instrument Prepared By RobeKt ~rans~ Jr. ~
~ F~rst federal Savings 8 Loan Association .~1,`
Cs~ ~~q - _
~ of Fort Pierce R0~~111`1~ p~A - _ -
Fort Pierce, Florida 33450 r:, R PA~TRAS ~
~ C~ r ^;R~UITCOJR.t ' . ~
' F~Fn ~f / ~ . - .
~ _
~hecked By --1- f---- Ju~.~O.
zy AH ~ .
~ 3"i'2539
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