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HomeMy WebLinkAbout0883 ~ ~ Te pl~ u+d co~tinuou~ly kNp on ~M bu~ld~np~ now a Aa~~hM ~iN~N oe` t~id IM~ Md O~ ~11 puiprn~nt ~nd pNW~~lly covM~d by 113t nW~~¢ p~ wifh ~II,pMniuna rMrwn p~~d in fu14 1'u~ iniw~nc~ ~n ~h~ w~~l pudad poiicy lam, M a w~ •pprowd b~ ~M MORiGACsEE. ~nd wi~lwm Yrwancs M tM wu~) tt~rd pol~c~r fam, in • wn~ ~pprowd bq tM MORTGAGEE. N wch c~onip~ny w wn+Wni~s a ti» MORiGf?GEE inay dk~Ni «+d ~11 iir~ and w~wrm inwr~na po~~c»~ on ~ny o1 Nir build~np~, ~ny NtaN~ rhK~ln a p+rt tMrwf, in ~M ~yp~p~a wT ~fa~td a M u~o~a thKw1. ~11 conqin ~M u~ual st~ndud ~rpapM clwN w wcA wMr clavN u ~M MutppM e++r ~~w~• ^N~i rM loa wd~ N~d Po1F ciN, NcA ~nd ~w.Y. P~Yab1~ ro s~+d MORTGAGEE n~a i~r~~nt n+~y ~ppN~. ~nd NcA ~nd ~v~.y such Po~~~tl shdl b~ pra^PNy ~a.9n~d ~nd d~GvK~d ro ary~ hdd by pid MORTGAGEE a funh~r tKV~iry ~o wki maty~ d+Li. «.3, :a: !su tha+? tin l10) d+y~ in ~dv~nc~ of tM ~apiratan o} ~ach polky. 1o d~ Itvrr to ~aid MORTG/?GEE • neww~l tMrwf, tog~~M~ witA • ntt~pt fa tM pr~ of wch r~new~l~ and ~1+K~ ~hall b~ no f'u~ a wi+~~ai* tnwranu pl~ud on ~ny of s~Id bvildinps, any IerN~s~ ~iw+~n a p~rt fMrw(. unl~ ie tM forn~ ~nd witA tM ivss Wra6t~ atw~aid~ snd in tM wan~ sr+y wn? oF ~non~y b~caea p~r~bl~ wdK such polky w polKiN s~id MORiGAGEE ~Aall Mw rM option ~o nc~i~ u+d ~ppy tM s~ on ~ccoum d tIN {ed~b~ed~ n~t ~cw~d }•lr~py pr q pKmit ~aid MORTGAGORS ~o reuiv~ ~nd ~N it a any put ~M.eof fw orhe? purpo~~s. w~~hout ther~b/ wa~~i~y a Mnpti~- trq aMr pu~ty. li~n w rtphr und~. w by vir~w oF this mort9p~t M+d in ~M ~we1 s~id MORTG/1GORS ~MII fa any naan f~il ro kNp fiw u~d p~~s~a so M+wnd, p i~il b d~livN p~anptly ~ny of taid policies of insur~nu ro~aid MORTGAGEE, a fail p?omptly ro pay fully ~ny p~~n+iwn tl+K~fa or h any rMp~tt f~ll to pNipm, diKha?p~. ~a~cw~. ~fhci. caepl~~~, canply wirh ~nd ~bid~ by H+u cov~nant, a~ny part h~r~of. s~~d MORTGAGEE m~y pl+a +~d paY fa ~ueh In~wM+e~ a any parf thHwf wirAo~f w~hrinp a~ff~Mp any optioe?, IIM, pu~ry, o+ riyh~ vnd~r a by vi.tw of thts Map+p~. N+d th~ fvll an~owM ol NeA ~nd twry ~utl~ p~YmMt ihall b~ imm~di~~~ly dw ~ed par~bl~ ~nd ~MII b~a? tnt~ra~ from t!» dat~ tlwr~ol until p~id ~t eM raa o1 nin~ pw untwn p~t ~nrwm ~ied tog~ihe? with ~uch interest ~hall b~ ateur~d by tM Ifse~ of this nwrt~+y~. 1. To p~rmi~, commtt a wffN ~o wa~t~. impai~~snt w d~teiror~~ion oi. Nid p.op~.ry a~ny put tMrwf. ~S. To p~y all a+d unpular tM cosu, chupes and ~xpN+ww intludinp • r~awn~bl~ attorn~y'~ fN u~d w~ts of aF»tracts of titt~, incw.~d a paid at ,Mr +t~n. by wid MORTGAGEE, b~cws. a in tM ~v~nf o/ ~M f~ilun on tM pwt ot ~M ~.id MORTG~GOrt a duly. p.a++p~iy .~d fvuy p.riorn~, dach+.~.~ - •,c~cw~. ~H~a. wmpleta. oomplr w„b and ~bid~ by ~ath ~nd way tl~ ~tipulNqeM. pre~m~+t~. caiditioro. ~nd oov~nann of wid promiuory non and ~his ~~nY a~ir1+N. Mid OOatf. dMrqN and •~penws. e~cA and wKy. ~h+ll b~ inxewdi~t~ly dw ~ed payabl~j wM~M. a na then b~ nwia d~ ~nand, .n.+np~ ro co11.c~ a w» p.nd~rgr and rM fu11 .moum of e+ch •nd w«y ~ud+ pay~na++ •MII b.•. intKNt tran th~ d~t~ tl~erwf untii paid N+~ r~tt of nin~ p~r c~nturn p~r sn~umt and ~II said costs, cMry~i ~nd ~xp~me~ iKw~~d a p~id. fOpNhN w~tA NKh iMNNt, ~hall b~ s~cvr~d '~y tM li~n of th4 e. ihat (a) in tM ewnt of any br~+ch of rh~~ Mwrpap~ w d~f~ult on tfr paM of tM MORTGAGOR, a(b) in th~ ~wrA ~ny of sa~d wma of nan~~ FrrNn rtfNr~d ro 1» not pr«nptly ~nd fully paid wi~hin th~rty l~0) day~ ne=t afrer the s~ Nw+~uy b.com. dw •nd ar•bN. witAou~ ~1Mf~ OI 110tKf. a(d h fM w~nf ~ad~ aed ~v~ry tlw ~tipul~rion~. ~9rNrnMn. eo~dtions ~nd eown~nb d said promiswry ~of~ ~nd tA~~ n+alpap~ any a~itMr u~ no1 iuly, prompty and fully p~rfwm~d, d~scMrped, ~xecuted, ~ffscted, compkt~d, coenplHd wirh ~nd ~b~ded by, tMn in ~~tF?K w~ny ~uch ~wnt tM aid ag W~Wb ~wn m~nrion~d in iaid promi~wry not~ thtn nm+inirq ueD+~d, with inttral uvwd. ~nd ~11 mon~YS Mtvr~d Mrtby. sh~p aoomt dw and WY' ~bl~ (orthwith„ O~ tM/HNK. a~ ~M opfion oi said MORTGAGEE, as fvlly ~nd canplasly if •II o1 ~M said swns of nan~~ wsr~ a~pinNly stpul~red a b~ pa~d on such day, a~y~hirq in a~~d p~om~~sory note a in this Mor~pa~ fo IM com~~ry notwitlut~ndinp: and tlurwpon a tMr~~hM at tM option oi ~aid MORTGAGEE, witho~t notK~ w d~m~nd, wit at law a in pvity. tFNflFOf~ OI 1MfNNM bpun, mar b~ prw~cut~d u if NI ma~tr ~~ax~d hK~by had m~tur~d pip ta :t~ Inqitution. 7. TMt in th~ ~van tMt ~t tF+~ be~in~irq of a ~t any tien~ pendirq any ~uit upon this Mwtpp~, a w foreclow tt. a M nionn h, a fo ~n(orc~ p~yen~et of ~ny tl~ims MrwndN, wid MORTGAGEE ~hall ~pply to tht CouA hav&q jwisdictan ~herwf fp 1M appointrn~nt of a Ret~iwt. wcA Cow1 sAall fOAIfWMF1 ~ppOifH ~ ~K~ivK OF Hld TW19~~ pfOpetty ill •nd urgul~r, includ~np •11 ~nd sinpul~~ tM incom~, profits. b~ws Md nwnw~ fran wMtwer wwa d~riv~d. ~ach and w~ry of wh~ch, if bsinp exprefsly unda~tood. it Mrtby mort9peJ b if apecific~lly wt for~h ~nd dauibd in tF~t pr~t?tinp ~nd haMndum da,sN h~r~of. ~nd ~uch Rec~iv~r aMll luv~ all tM bo~d ~nd ~ff~ctiv~ functwns ~+d pow~n in anyvri~ ~ntrust~d by • Coun ro~ Rac•iv.r. ~nd wch eppdntm~nt ~II b~ mad~ by wcA Cou~t a~ ~n ~dmitt~d pu~ty ~nd a nw»~r of ~bsotu~~ r~yht to s~id MORTGAGEE, ~nd withovt nfK~nc~ a tM ~dp~racy a M~d~quacy of tM v~lw of tM prop~rh mortpyed w to the wtva+cy or inwtwncy of a~id MORTGAGOR w tM d~f~nd~nt~, u~d tMt wch r~ros, profi», Mean~, laws and re~r~nw~ rMll b~ ~ppli~d by weh R~uiwr ~ecwdinp to tM li~e~ a pvity of s~id MORTGAGEE ~nd tM pr~etic~ of weh Court. To duty, wo~w~y «+d fi,iy p..fo.~?. di~eharp~. ~x~a,e~. ~ff~et, eoTpl~t~, eon?P~Y with ~nd ~bid~ by weh ~d ~wry tM ~tipul~ttom, p~«mwns. oondlt{pey ~nd opvMUNS In s~id promtuory not~ ~nd this mwt9p~ wt fath. 9. TMt M tM rwm th~ wv~».s~dP of tM nwrt9apd pnmi~u. a~ny p~n th~r~of. Moon»~ va»d In • pMwn otMr M~n th~ MORTGAGOR. th~ MORTGAGEE, tM wcc~won ~nd ~asipm, m+y, withou~ f101iC~ to tM MORTGAOR, dNl w~th ~uch ~ucc~aw or suaeswr in int~nH with nfKN+c~ b thu mortpap~ wd tM d~M Mr~by wcvnd in tM um~ manner ~s with Mat9~por witAout {n ~ny w~y vNiatlnp or di~cMryinp th~ Mwt9por~' H~bililp Iwr? u„dw ar ~pon H~ d~bt M.~by wcur~d. No ~~I~ of r1+~ pr~misn Mr~by mortpp~d ~nd no forbNr~no~ en tM pah of tM MORTGAGEE w Ib woo~~wn a wlpn~ ~nd no ~xt~nabn of tl» tina far tM paym~nt of th~ ~bt Mr~by ~~tvr~d plwn bp tl+~ MORTGAGEE w its wooNwn a asipn~, ~MII opv~b a nb~w, diwlwp~, nadiip eh~ny~ a~ff~et ~M ap+nal liability of tM MORTGAGOR hKNn, ~ithN M whoM ar M p~et. 10. M M~p~cifkalty pr~ed that tG~» h of th~ ~swnc~ of Mb aoraract N+d that no w~twr oi ~ny oblip~tion }wnw~da a of th~ oblipatloe w- wr~d h~nby ~MU ~t ~ny t4n~ tlwrNhK b~ Mld to b~ ~ waiv~r of tM t~rrn~ hKwf a of tM Irrtrum~m Ncw~d Mrby. 11. In ~dd~tbn to tfi~ fapo:np neonthly p~YreNnb of prine'pd ~nd int~r~~t rpuu~d by tM promiawy nort ~eeur~d Mr~bY, maqpw oov+n~nn md prw. a p.y to morrpp.. with ~ach ...:..ssl:Oy 'va~-~... s:..~ es!E-:e!~ v; ~!Zspss to be eq~es! to 1/12 of the snnwl coat of ~M folbw- A-/UI ~ul prop~rty taxN bvied or ~s~sed apsirut tAe ~bov~ d~sc?ib~d r~~l ~~ut~. t--Pr~eniums on fin ~nd wind~tam ;naw~nu a~ h~re~n .puired to b~ urried on the Improv~m~nts ~itvate on th~ ~bow dewibed p~~miNa. ! C-Pneniwm on wch mwty~y~ yw.~nry iniur~r.c~ mat~sye~ sMlf from t~me to t~me da~m fit to c~+ry on tM b~n s~cur~d h~reby. ~ Mat9apw sMll hoen Hm~ to tim~ notify mort9apor in wrH'uq of tM ~moum dw ~nd p~y~bl~ hKwnder ~nd weh wm ~MII thNwpon b~ dw ~nd i payabl~ on tM dw daq of tl» rwxt ma+thly payrr»nt •nd e~ch wues~iw month tMnaft~r unril mwt~~pe~ ~h+ll notify mortpayw of • cMe?p~ in wd~ ; ~mount. Sucl? ~wna ~l+all b~ ~pplied by mwtqp~e tow~rd tM payrrwnt of r~sl p~operty t~a~s, imunna prem:wru. ~nd mwtp+p~ pw'anty intw~na I P~~m~wm. ~ IN WITNESS WMEREOf, tM uid MORTGAGOR haa Mrwmo ~et hi~ hand ~nd Nd tM d~y wd y~ar fint ~ ' d, s"I~d "'d P~""~' °~'n e s e s as to ~ har~es Katsereles ~ ar es atser es ~ ~ - ~ ,t~ itnesses as to t tc ~c a~-c..e. E"-Q ~ ~..ry Olga Katsereles a sere.es ~ . . . , ~ STATE OF FLORIDA . c . • ~ - ~ ~ o,~ courrtr oF St . Lucie ~`3~,-~ y/1y~ f..,,,-?.' ~ ~~iiY ~~a~~ Charles Katsereles _ ~ ~'t : ,.o~ - ~ ~ ~ y~r~t y,~ ~•y,~~' ~+~~ClIM i-. ~ ~.~~'7 IM ~O ~ M» IndlvWw4 d~serib~d In ~nd who ~x~ew~d tFw fwapoina Irutrwn~nt. ~nd ~tknowl~dp~d b~fon m~ M~t A?~Y 1~i~ PwP«M ~ ; ~Mnln ncpr~~d. ~OfdxiK~~t - ' l ",t-- / - ' ~o(~I ~ 7f~0~~f~C ii~i~~X~N~iY . ~ ~~w~~ xx~a x~~wcx~ > ~ WRNESS my hud u~d ofHdd w~l .15th dsy oi /1. D. 19~Z -r' STATE Of Maryland 1~, / y_blk In ~nd fot tIN S1M~. d~~r~ tOUnm Ot ~11ne Arunc3r~l ~ ~ i~f«, ,n. P.,.a,d~~ .pp.,,.d O 19 a Ka t s e r e 1 e s ~ ~ to m~ vwll knewn ~nd known b n» to b~ ~ eM Individw' d«vlb~d M n+d w!a ~x~wt~d tiw f«potnp bulrum~nt. ~nd ~tknowl~dp~d h~fon n» tAat ~x~tuNd th~ ~ fw tl» purpwM ~ ~l+Kdn ~xp~w~d. Afii[~i YiI~X ~iAG~~~GN ~t~~ic ' ~c~l~~ix~~~?i's~~Gi~~4X~~Mifa~oexa ~~ci~ ~GKty~c~c F' w~raEas h.~a .nd orfwd ..N rhl. dy, ~f ~uur o. ~9 ~ This Instrumsnt Prepared es~ ~~~ood ~ ~ First F~d~r~l Savln9s b losn Assoaai~on J Not~ry ?ublk In a~d iw 1~ ~ of Fort Plsru My co~a.an .~.a o ~ • ~ Fort Pierce, Florida 33450 ` ion expire ~ FIlEO AMQ RECOROEO Z~du ~0~~ 9~g ~ Checksd By ST. RO E.4 POITRAS l~ ~ ~~E~K ~,,~~~T ~o T 3~~ ,~R~~,~~_ 1. ~ ~ ~ ' n~~ ~ O~r T ll zT 4H'~~ ~P ~ _ ~