HomeMy WebLinkAbout0580 To pl~q u~d cmtinuoutly ke~p on th~ twiid.np~ now w h~n~hN ut~~f~ or ~~id t~r+d ~nd on ~li eq~~{anent ~nd peqon~l{y towrtd by Ihi~ mort¢
q~. with ~IS pr~miwM tMrw~ p~~d in full, fir• in~ur~~cs :n ~he utuN ~tanda~d pol~cy lam, in a~um ~pp~o~~d by tA~ MOR(GAGEE. •~d windttwm
iiwx~na in rh~ v~wl ~t~ndard pol~cy tam, in •~~n+ approv~d py ~M MORTGAGEE, i~ ~uch comp~~y w c«np~n~ti rM MORIGAGEE inay •
dinet~ and ~!1 fM~ ~nd w~rarn in~w~nc~ polk~:~ on ~ny o( ~ad build~npi. ~ny im~.~s~ ~herein or pa~~ ~henof. ie ~h~ ~~rep~q wm da~sa7d a
1~ Ncc~w Mawf. slyll oon~~in ~M vawt ua++da.d morfpapM daua or ~ucl~ o~hH clwH a tM Ma~9+yee may .~qu~r~. m~k~np ~M iou vndN sa~d poiF
~~^d ~Y. wr+b~~ ro w~d AA~ORTGAGEE af irf inre~est may ~pp~ar, a+id Nch and ~very such po~;cy ?h~ll b~ promptly ~~~•yned ~nd d~~ivN~d +o
•nr A.b br N~d MOkiG~GEE u fwther ~~curity ~o u~d monyaq~ d~bt. ~nd, no1 Itu th~n t~n l10) days in ~dva~c~ of tM •xpir~~ion of ~ach poiicy. lo da •
liv~r ro NW MORTGAGEE • rMew~l th~rwf. toqe~M. wi~h •~ec~ipt fw 1M pr~mium of ~uch r~n~w~l; •nd rh~r.~ shali b~ no f~r~ o. winduwm :ni~r~nc~
plae~d on N+y o} Hid buildinp~, ~ny irotrt~l tMr~~~ or p~~t tMr~ol, vnl~p in 1M foren ~nd wiih tM lost p+yab!• a~ •Fo:e~~~d; ~r+d in tM ~v~nt ~ny ~urn
04 mon~y b~ep„M p~y~pb ve,da ~ueh poliey w polK~~f uid MORTGAGEE ~Aall h~w ?M op~ion ro r~e~iv~ and •pply ~h~ s.m~ on aecoum oi ~M ind~bred-
n~s~ Newd hu~by w ro permi~ ~aid MQRT~iA~RS ?o ~tceiw ~nd va~ i1 p•ny part theroo) fur other pu~pofes, r.~thput thereo~ waiving or ~mpair-
k+p My puity, li~n o~ ripht v~dK w by virtw of ~hii marpp~; and in tM ~v~m N~d MORiGAGORS ~h~ll ia a~y reawn f~it to ke~p th~ ~a~d pr~mi~es ~o
fniund, o~ fail fo d~livtr promptly any of uid polKies o( in~u~anc~ ~o •+~d MORiGAGfE, w fail promptfy fo p~y fuNy ~ny prem~um there+w or in any
rsspKt t~l) b pkfanl, aixh~r~, ~x~cut~, ~ff~c1, compt~ts, comply wirh ~nd abid~ by thi• covenant, a any pa~t he~eoi, iaid MORiGAGEE m~y plac~ ~nd
paY fa a?ch Imurane~ w any p~r~ tMr~of w~tMut w~ivinq ot •ffectinq ~ny pption, li~n. cqu~ty, or nqht under p by vi+tv! o/ fhis Mo~tg~qe. ~~d the
fuH amovnt of Nch ~nd twry ~uth p~yrr~nt shalt bs imm~diat:ly d~~ ~~d pay~bl~ ~nd ahall bear inter~~l from tM date lhsrwf until p~id ~t tM rat~ oi
nifM pM CMtuT pK ~MUm ~nd tOqlthlr wiiA iuch inee~e~t shall be ~ecured by th~ lien of this mortp~ge.
l. To pamit, c+om~~it a wffa no wast~. impairment a deterior~tion of said property or •ny p~rt tT~ereof.
S. To p~y all ~nd ainpul~r tM cwt~, chary„ ~~d exp~nNa, includin9 a r~~son~ble •t~orney'? fee and co~~s o~ ab~nacrt o( tirte, incvr.ed or paid ae
~nY bY u+d ~MORiGAGEE, b~c~uw or in ~h~ ~v~nt of ~M f~ilur~ on 1h~ p~n of tM said MORiGAGOR to duly, promptly ~nd futly perfwm, dixharg~,
•:~tutt. ~ffM, compl~t~, oomply with ard ~b~d~ by tach a~+d every tM qipulatwns, preemQnH, condition~, and covsn~nfs ol sa~d promiisory note ~nd thi~
mwtpp~ ~iryr w~irhN. ar+d uid cv~n, ch~ry~~ ~nd r:pen~ei. eacA and +vNy, iMU b~ imm~d~~~ely dus and paybi•: whe~her w no> >h~~~ be r?o~K~ d? ~
i+~and. ~n~mp1 ro cotl~c~ or wif p~ndinpj ~nd tM full ~moum of each ~nef twry such payment shslt bea. interea f~om ~he date therwf until p~id ~t the
raee of nin~ p~r c~ntum pH ~nnum; and •11 ~aid coits, ch~rges and e:pen~es incurred w pa~d, rog~ther w~th :uch int~r~s1, ~hal1 bt ~etured by fM lien of shi~
A. T}wf in the ~vte?i of ~ny breach of this Mortya~~ w defavlt on tFr psrt of the MORTGAGOR, or (6) in the evenl ~ny of w~d fum~ of rtwney
h~reln r~fNnd to b~ eat promptly and fully paid wiihin th~rty (30) days nexf afrer the sam~ :ev~ra~iy become due a~d pay~bte, wirhovr demand a nof7ce,
or (c) In fM ~vsnf Nch ~e~d ~wry tM ttipulnioni. ~gre~m~nh. con~tiont and covtnan» of u:d promisw~y nots and th~s mon9aye a~y a ~ither •n not
~uly, prwnptly and fully p~rfwmtd, d~xhar9ed, e:etuted, effeued, compktcd, compl;ed wiTh •nd eb~ded ~y, th~n in e:ther w any iuch •v~nt th~ said aQ
prpah wm m~ntio~wd in aid promis~wy npte rhen rtmainin~ unpaid, w;tA inr~r~sf ~cuued, u~d all moneya secured Mreby. shall becoma dw ~nd p~y-
~bl~ forthwith, p tMt~~ffN, tM option of said MORTGAGEE, a~ fully •nd comple~ely a~ if •II of the u~d sum~ oi mo~ey were onqirully st~pul~ted
to b~ p~id on such day. ~nythi~p in ~~~d p.om~~~.;;y nore or in thif Morlya9e to fM tontr~ry nptwirhsrand+ny: and eh~reupon or rhereafte~ af rM op~;on of
~aid MORTGACsEE, without notic~ w d~mand, suit at law or in ~quity, 1her~fw~ Qr thereafre~ beyun, may be prosec~ted ~i if •II moneyf ~acurrd hereby
had fn~tYl~ p/q1 to i» iMtilvtqn.
7• ?Mt In tM wMt ~h~t at tM bpi~niny of or at any tim~ pend;rg any suit upon ~hi~ Mortg~ye, or to forectose it, or ro refo~m ft, or to snfo?c~
P~Y~~ ~~~Y ~w++der, u~d MORTGAGEE ~hall ~pply to the Coun havin9 jurisd~ction thereof fo~ the eppo~ntment of ~ Receiver, such CouN ~MII
faihwMl~ appoint ~ r~ivK pf ~aid rt~pt4p~d prppeny •II ~nd ~ingul~r, inciud~ng •11 •nd ~i~gul~r eh~ income. prof~ts. i~suef and r~venue~ from whN~ver
wwp d~?ived. ~ach ~nd ~v~ry of whKh. it btirp expre~sly understood, i~ her~by mor~g~ged ~s if spcc~fically fet fath and dewik»d in N+~ 9r~ntin9 u+d
heb~ndum dawa Mnof, ~nd ~uch R~c~iv~r ~h~ll h~v~ ~11 ~he b~wd snd ~ffective funct~o~s end powen in anywise entrusted by ~ Court to + ReceivN, ~nd
•uch ~ppotntm~m ~h~tl b~ m~d~ by such Court ~t ~n ~dmitted cquity ~nd ~ n»tt~r of •bsoture right to ssid MORiGAGfE, ~+?d withouf ~~(ersnts to tF»
~dpuacy a In~d~quacy of tM vdw of tM propNty mon9aped or to the sotvency w~naol~ency of s~~d MORiGAGOR a tM def~~d~nb. ~nd tMt such
r~m~, profit~, Incwn~, iaw~a ~nd r~v~nw~ ~hall p~ ~ppl;~d by such R~cciv~r ~tcord~ny to tM ~i~n « puity of s~id MORTGAGEE ~nd tM practic~ of ~uch
Covrr.
To dvly, pranptly ~nd tully p~rform, discharpe, ex~cute. sffed, compta+~, comply with and ~bid~ by ~ach ~nd ~wry tM ~tipulatioru. ~~emnf~.
condHb~r ~nd cov~n+ntt in ~ud promisswy nor~ ~nd ~ht~ mortp~g~ ~st forth.
9. That In 1M ~v~n1 tM own~r~hip of the mortgiyed pr~mis~s, or any pan thereof, becomei wsted in a perton othe~ than tM MORtG~IGOR, fM
MORTGAGEE, !t~ sucttHw~ ~nd ~isipns, miy, wiehouf nor,ce to tM MORTGAOR, de~l w~th such successa w successw in inter~at with r~fer~~u to this
nwrtpp~ and tM d~b/ h~teby sK~r~d in th~ s~m~ msnne. with Mortpapa withouf In •ny w~y vitiafin~ or diuharginq tM Mwtp~~x~' li~bility Frrr
~^dK or uPon ~M d~bt lw~by s~cu.~d. No sst~ of rlu premisf~ hereby mortqy~d •nd r+o forbearanc~ on th~ p~n of tM MORTGAGEE or i» aua~swn
or u~fprn u~d no ~xt~ntlon pf ti» tirrN fw tM p~yment of th~ dabf h~r~by s~tur~d yiven by tM MORTGAGEE w itt avtaswn or ~piprq, ~M~~ p~~t~
, ~o r~p~. discMrp~, modify chanp~ a aff~ct iM orip~n~l Iiab:Gty of th~ MORTGAGOR h~rei~, ~ithsr in whot~ or In pan.
10. N h ap~cifkdly p.~ed that tfm~ i~ of the eaxnce of thi~ conrncr and th~t no w~ivsr. of ~ny obli9~rion Mrtvnd~r a_of th~ obUQ~tbn sr
cvr~d iw~by ahall ~t ~ny tim~ thtr~ah~r be Mld to be • w~iver of th~ term~ Mreof a of tF» instrument ~ecur~d he~py,
I1. In ~dd:tion tp fh~ fapoinp mo~thly p~ymenr~ of prinCp~l ~nd int~reat r~quir~d by the prom~uory nole secur~d Mreby, mortypo? cown~nri
•nd pr~et to p~y to mortqpet with ~~th ma~thly R~ym~nt art ~dd:rion~I sum e~t~m~ted by mort~spee to bc eqvai ro 1/i2 of the annu~l cost of tM follow-
~ Inp:
t A-All r~~l prop~rty taa~s lev~ed or ~uessed ?ga~vt the ~bov~ descri6ed real e~rate.
6-Pr~mium~ on fir~ ~nd windtto*m iniurarce a~ here~n requ~red to oe carried on the ~mproveme~t~ sttuate on the sbove described premius.
f C-Prtmiumt on ~uch mortq~y~ yu~ranty imur~r,ce si mortgegee ~ha!i from t'me to time deem fit to ce~ry on the Io~n secured hereby.
i Mortpp~t ~hall f~om time fo ?;m~ nof~fy morrgsgor ;n wr;t~nq of tbe •mount d.,e and psyable hercunder and wch wm ~h~U theroupon b~ dw •nd
E pay~bl~ on th~ dw dat~ of ~h~ n~at monthly paymenr •nd each ~ucceisive month the.eefter unrit mortqagee shall nofify morrgagor of e char?p~ in such
# smount. Suth sum~ ~h~Il b~ ~ppl;ed by mertQapee tov~ard the p~yment of rosl properry taxes, inswance rem.ums, •nd mwt a e
p.~miurm. P 4 9 9uaranty iniurarsct
IN WITNESS WHEREOF, tM ~aid MORTGAGOR hu hereunto t~t hia hand ~nd ted the dey •nd y~ar fint afwesaid.
! Sfprwd. S~al~d ~nd d~llvs ~ tM p~ • of: y
i - . r - ~
' ~F '`''f1L~ ~~~~~~61jwfYfti,, MAURICE HAPIRO "1 '
~ ~Q;cf POItkA~ l h
k t y . f ~ ~J ~ ~ 's ' ~ ~ ~ ~
~ ,~_t• ~.r,. r . t;;~. ~ ARBARA HAPIRO
n
F srAre af FI,OR IDA t ~ v I~ :J Hf i~ f~
~o~~ oF ~u~~ - f :~i`~U~bi J
? b.fw. m. p~nor,•Ily •pp.,r.d M/~UR I CE SHAP I RO
BARBARA SHAP I RO hi~ wif~, to m~ w~It known ~nd know~ ro rn~ to b~
~ rM Indirldwl~ dNtrib~d ln ~nd .who ~a~cur~d tF» fweyoinp In~frum~nt, snd acknwvledped b~for~ m~ that tMy ~x~n,t~d tM ~~m~ fot tM purpwt~
; rMr~In ~xpNwd. Md rh~ ata BARSARA SHAP 1 RO
' wlf~ of tM u1d - ~"~AU R I CE SHAP ( RO ~pon a Npa~t~ ~nd ptv~t~
° •x~min~tloo by reN t~k~n up~r~t~ ~nd •pan from htr ~~id hu~band. ~cknowledpd to ~nd b~fw~ m~ that ~M ~xecutsd s~id irotrum~nt hNly and voturr
~ rarily p~d witho~t ~ny eompulsloe?, eorntnint. appr~h~n~jon, o~ f~ar of or from h~r said hu~~d.
~ WITMESS my h~nd ~nd offkld N~I thi~ ~ d~y of A. C. 19.L,1.__
. ~
i - ~ ,
Not~ry Publk tn •nd _ a tl»'St~t~ of Flaid~ tl l~r~
My Commiuion t~a:
R•n,r~ To: Notuy Pu~lic. Stata of Flo;wj ~t larqe
Flrn F~d~r.l S~v~np, ~ loan /uwciat~on
pf Fon P;•,c•. My Com~nis,an ErYires f~';~ i2. 1;J1
i_:.a.e ey wT~~::,, a c::
fOrt ViNrp, fiorid~ ~::o ~~+p:.~
T~is tn~trument Prepared By ROBER7 J. EYANS, JR. . r a~\
F+r~t Fsdersl SavinQs 6 loan Association • l
of Fort Pierca - '
' Fort Pierce, Florida 33450 • ~
Q C~'~Q i.
Checked BY cGGK ~VO PAbE tJ / V •