HomeMy WebLinkAbout0501 To plaa ~nd oontinuaisly kMp on ~M bulldirps rtow a ha~afta 4twt~ or uid luid and on all pvipmeM ~nd perwnally covtr~d bY ~~?h mor~
W~, with ~II p~mivm~ ~Mrwn paid in futl, fin i~?wn~?c~ ~n ~M vtiwl ~~~ndwd policy fam, in • sum approv~d by tM MORtGAGfE. ~nd wi~ds~am
~nw~ar~ In th~ wual uaodud pol~cy fwin, b+ a wm ~pprowd by tF» MORTGAGEE, tn wch company or canp+ni~s u~h~ MORTGAGEE n»y
dtr~ctt a~d alt fi~e ~nd wind~w~m inswana polici~~ on +ny of s~id b~ild~~+ps, ~ny int~r~st tFraein a part rhereof, in tl+~ +py~ep~~~ ~um afor~said a
In ~aa~s Il+Kwf, th~fl conuin tF+~ viwl tfandard mortpapN dw~ w cuch ahar clauw ~t ~M MatqagN m~y rpuu~. maYfnp th~ loss undK uw! po1E !
ciN. Nd? ~nd ~vaY. MYabb ro s~id MORTGAGEE a~ ~h In~erest maY ~PP~. uid each and ewry iuch poiicy ~MII 1» promptly us.pn~d a+d d~liv~r~d to
~ny hdd by wtd MORiGAGfE u furtMr s~cwiry ~o aid mo+qap~ d~bt. and, not IKS tMn wn (10l days in ~dv~nu ot tM ~:pir+tion of ~acb policy, ro d~- ~
IivN w uid MORiGAGEE • ~Mrwal thKwf, to~~~fwr wi~h a r~ceipt for ~M p.~mium of ~vcl? ?en~walj a~d ihe.~ ~hall b~ no fu~ or wir?ditam inww~+u
plaqd on M1y O} NW bul~i~S, ~f1y inlffNl 1FNI~~If Of Pifl tIN/tOf, ~nleu in th~ form ~nd wi~h ~M loss pay~bl~ +i ~ta~iaid~ u~d in th~ ~vsnt ~ny wm
oi mwNy b~com~~ payabl~ w~dN wch polky or polici~s s+id MORTGA6EE iMlt Mw tM op?ion to receive artd ~pply 1M s+m~ on +ccounl ot tM ind~bted~
n~ss wcw~d I+N~by_a a p~rmit sad MORTGAGORS ro roc•ive ~nd us~ it a aoy p+rt ~hereof fw o~hc.. purpoaes, Y.~~hou~ ~haeb~ waivi~r~ or ~mpai.-
~rp ~ny p~rity. IMn a ripht wKl~? a by vlrtw of ~his mortyap~r a~d G+ ~M ~w~n ~+~d MORTGAGORS ahall fw ~ny nawn fail ro k~ap tlw N~d pnmi~es w
intur~d, p fafl fo d~liv~t promptly any of said policies of inswanu ro s+id MORTGAGEE, a iait promptly to pay (utly any pnmium therefor p in a~y
r~sp~ct ~~il b pt~forrq, diuha~~, ~x~cut~, ~ff~ct, compl~q. comply wi~h and ab~ by this coveoanr, a any part herwf, ~aid MORTGAGEE may place and .
paY fa wd~ imw~nn w ~ny pan tMrwf witho~l walvtnp or afi~cttnp ~ny optiw+, lien, eqvity, a riqM und~. a by vir~w oi this M«tqa~,.~nd the
full amount of tach Nr! way s~ch paym~nt sl+all b~ imn~diately dw ~~d p~yabl~ ~nd sMll bear inrer~s~ from th~ date tMreo( until pakJ at tM ~aq ot .
n~n~ pN unhrm pp ~mum aod toqether with iuch _inh.es~ shall b~ s«u~ed by tM lien of ~hts mwtp~.
To pKmit, oomnw a wff~? no rrut~ imp~irm~nt w d~terioation of said propaty o~ any part ti+e.~of.
S. To p+y all aod sinputar tM caari, charpN ~nd ~zp~nses, includinp a nasonabb ~nwney's fes u+d cosq of ~bstracts of titl~, incwr~d or p+id at
•ny tin+~ py said MORTGAGEE. b~auw or in ~hs ewnt of ths i~ilun on tM pirt of ths iskJ MORTGAGOR ro duly, promprly ~nd fully pNfonn, d~scMryR,
execute, eff~d, oomplet~, comptr with ~nd ~bid~ by tach and wery 1M ~tipulatiorq, preemsnts, conditioru, and ooveoanq of uid F:~missary ~at~ ar+d tFw
mort9~ uhr o~ eit1+N. ~nd s+id cos~s. cMrp~s ~rn! eapenses. ~ach and ewry. ihatl b~ immedistely due ~nd payab:r, whe~h~r or rat ther~ F» notice dr
m~nd, ~1Mmpt W colbtt p wit p~ndinp: and tM full smount of tach and wery tvch p+ymtm ~hall be~r iarerest from the dat~ ther~of wNil p~id d tht
rate of nin~ pe? ctntum pet annum; ~nd all said cosri. cMrpes and e~cpens~s inaurad w paid. together w~th ivch'in~eraL ~+11 b~ secured by the li~n of tha
mortp~pa
6. llwl (a in tM ~vMt of any brsach of this Mwpay~ or d~fwlt on tM part of the lNORTGAGOR, a(b) in rh~ ~ve~+t ~ny of said wms of moMy
herein nfNr~d to b~ not promptlr ~nd fully p~id within thi~ty (30) days next after the same severatly become due ~nd payabla. witFw~1 demand or notict,
or (c) in MN eveM esth ~nd wtry tlw ilipubY~o~s, apreem~ntt, conditions and cwtna~ts of .ssid promiuory nole and Mis mott~pe any or ~ithet ~n nW
iuty, promptly and fully pNform~d, disch+rped, exscvtsd, effeded, comp{~ted, compl~ed wirh and eb+ded by, ~hen in ~ithe~ or any s~ch went ~hs aid a~
prey~te sum nKraioned in s+id promitsory not~ then raeVininp uapaid, with intK~al ecuued. and a11 roaxys secur~d hsrebY. ~11 booan~ dw ae~d pay-
~bte torthwith, a thsreaftp, at dk optan of said MORTGAGEE. ~s tufly and cony~letety as il all of the sa~d sums of ma~er we~~ orgin~lly stipula~ed
ro be paid on wch day. anythirg in said promissory note w in thii Mortpye to ths contrary notwi~hs~a~+d~ny; and she~eupon a there~fta ~t tM optan of
~efd MORTGAGEE, without nWice a demand, suit at law w iri pvity, the.dw~ a thereaAer begvn, may be prokcursd u if ~II nwnsya s~cvred hereby
had m.twed prar ro ~a institvrio++. -
7. ?hat in th~ eveet tMt ~t the beginnin~ of a st ~~y time pe++ding any w~t upon this Mo.tgage, w to fw~clos~ it, a M?eform h, w. to eefwa
payment of ~ny di~rta hereunder, ~aid MORTGAGEE shall apply to the Couh h~ving jurisdiction thereof for the ±ppointma~t of a Recelvat, wch Court shafl
Fwthwith ~ppoint a roceiw~ of aaid mortyayed property all u~d singvl~r, includ~ng alt and singul~r the incoms, profits, issuet ~nd ~ev~rwes from wbat~ver
sourca daiwd, ~ach ~nd ewry of whKh, it beinp ~xpressly vnders~ood, is hereby mortgaged u if :peuticatly se~ fa~h u~d dewibed in the pr~n~irg a+~d
habendwn daus~s hereof, uid wch Receiva shall Mw dl ths broad and effective furxtions a.d powers~in ~nywize entrvsted by a Court to a Receiver, and ~
such ~ppointment sh+ll bs made by wch Covn ~s an admitted eguity and a m+tter of absaute ryl~~ to said MORTGAGEE, ~nd without nference ro tFa
adcquscy w in~deq~~cy of the wlw of the property mwtgaQec! a to the sosvenqr o? insoHe~cy of said MORTGAGOR a the defendants, and ~hat wch
rants, profits, incoms, _isf~es and ~~v~nues ~11 be appl'~ed by such R~ceiver accordiny to tM lien or eQuiry of ~aid MORiGAGEE u+d th~ practice of such -
Court.
8. To duly. promptly snd fvlly perfonn, disch~r9e. execute, eff~ct, compkte, comply w7~h and abide by each and every the stipulatio~s, agreemsnb,
condir'aea and coven~nn in taid promiswry nw• and rhis mwry~ye set fwth.
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9. Thst i~ the event tM ownership of the mort9ayed pemises. or any psrt thareof, becomcs vest~d in a penon other than the MORTGAGOR, th~
MORTGAGEE, iti wcuuon and auiyns, m~y. witha» r+oticc to 1he N10RIGAOR, de+1 with such suaeuor or successo~ in interest with refer~nce ro this
mo~tgaye and ths deW he~eby secwed in the ssme msnner ~s with Mwtyapor witho~t in any way vitiatiig a d'nchargirg the Mwtyagus' li~bility hert
undm or upon the debt her~by secvred. No asle oi tl» premises hereby mwtpaged and oo forbearanc~ on the part of ~he MORTGAGEE w its waesson
or auiy~s ~nd no extension of the time fw the p~yment of tM debt hsreby secured yiven by t!M MORTGAGEE o~ its . succ~ssors w auipns, shall operat~
~o relaaae, d'adwrp~, modifp dMrge or affect the wiy~nal Itabil~ty of the AkORTGAGOR here~n, tither in whok or tn put.
10. It b specifically apreed thst time is of ths euence of this contract md that no watver of any obUyaYan here~wider a of th~ obliyation w-
cured hereby sMll at ~ny time thereah~r b~ held to be ~ wairer of ths t~rms Mreof or of th~ iratnxnent s~cured herby.
11. In add~tron to the forego:~g monthly payments of princ:psl and imerest required by rhe prom~uory nore secu•ed hereby, mortgsgw cover?ants i
and agiees to pay to mortgagee with esch monthly psyme~t an sddiiional sum est~mated by monysgee to be eqwl to 1 f 12 of ~he annwl cost of the follow-
ing: _ ~
A-Al) real property t~xes kvied or +sscsxd 6gainst the sbore described rcal estate. . '
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B-Premiwns oo fire and windstorm insursnce as herein requ:red to be carried on the improveme~ts sitwte on the sbove dewibed premises.
C-Premiums on wd~ mort9age 9uaranty insurance as mortgagee shaU from time to time C_--^- 4~t to carry on the loan secured hereby.
Morty~gee shaq from time to tirrw notify mwtgagor in writing of the amo~rm due and payable herevnder snd soch wm shall thereupon be due ~nd
payable on the due date of the next monthly psyment and each suctessive'month thereafter ur.til mwtgagee shall notify mortgagor of s tl~ange in wth
~ amount. Such wms shall be ~pplied by mort9agce toward the payment of real property taaes, i~surance prem:ums, and mwtyaye gusranty inwrante
~ p~emiums.
I tN WITNE55 11VHE ssid MORTGAGOR has hereunro set his hand snd sesl ths day and er ~nt ~foresa'
~ ipm and presenc~ of: _ [
~ / n
; f ~o ~~o REC~aii°~?. g
~ s~. ~uc~E cou~? ~
aocfa po~tans ~ ap~ n
fl~ C~an Y RRf1f0 COU T ~
STATE OF fIORIDA ~
~o~~ ~ st. ~~~e ~~luc 25 10 39 pM'
e.ra. ~.,«~~y .~...ea Anthony TraDani 3'~b425
Jildy. L. T2•Ape~ili ha wife, ~o me we~~ k~~ ~~d k~o~ fo me to ~
the individuab dewib~d in and who ~xecuted ths forepoinp instrum~m. ~nd ~duawledped beforo me tFrot they exea,ted the same for tM pwpwes ~
rn~.~~~ •xP.es.~d. Md th....~ ~Tudy L Traa~n_j
s
w~fe of th~ s~id upon • s~p~rate and prfirat~
examinaYan by ma tsken separ~t~ and apart from her said Fwsb+ , ackrawledged to and befwe ms that she execvted said trurr~f freely ~nd volw~-
ear~ly and without arqr cen+pulsioe, oonstniM, ~heNi~, w fea~ of a from her ssid Fwsband.
WITNE55 ~ 7
my hand and officisl ssal +ti:• l~, day c A --A. D ~LZ.
? ,
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tary lit in and fw the Stitt f'`~1~„ ~ ~
Comrnisiion txpires: .
Retwn Ta ~ t - •
First federal S+vi~s 8 loan /lswciation .~l%r-.
r•'
Natory Qc::lfc, 5':,3e of r!~-~d~ a: t,:~ • •4+-:
Of Fort Pierce. !Ay Cor.~ovtsioa Ex ,r Y' y~J~ : -
FoA Pieru. Flaids P cs ~,:a. 2~, 197~ G+~k~ .
b:,:.a_d br A. ;~ric~A t.re a casuoity Gw ~ `~.Q ~'ti ~
_ ~ 6
. Y>_'i',~ .:t.•'~.7. r . ~ ~ -
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This Instrument Prepared By J. Hal Roberts, Jr. '°~s'";'~s~t~~'' ~
First Federal Savings E~ loan Association ,y
of Fo~t Pierce
Fort Pierce, Florida 33450 ` ~
Checked BY ~C- BOOK PAC~ 4t~ ~
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