HomeMy WebLinkAbout0791 1, io pixt and continua.sly keep on the bvi:d~ngf now or herea(ter ?1luate or sa~d i~nd a~d on eq~~~•-~ro ~ra .-~e•sa~a.~Y cc.rrrd by ~norrg.
sge, wilh ~II prtmiums ~hercon pa.d :n fu11, lue inwro+xe in the ufual e~ancierd po:~cy form, ~n a s~v, a~~wc.~d '~e '.'•..i..+~~:L, ir`d ds~wm
~~~sv~~nu in tM uswl u~ndard poLcy fam, in s sum approved~by tM MORiGAGEE, in such compeny a c~ *~a.^ ra ss rrs MiJKIC,:.~IE msy
d~rec~; ~nd •il ti~s and w6rxlsto~m Insureace pot~cies 'on, a~~y oi ~a~d budd~ngs, any interest sherein or f,an ti.c•e_'. ~r ti•e r~g.e9:'e ~~T •io.es.+:d or
in e?tesf Iht~aol, sh~ll Cootain Ihe usual srondard morlga~ee daus~ w ~uth olher t~avse as the Mw~yagze msy rrq~ie. mei.r,g rne ~cas u,~afer ~ed yo;~
c~es. eacA and every. parab:~ to ~a~d 6lORTGAGEE as ~a iNeresl may appear, arx! each a+~d e.ery such pc• s±.s.: u c~a*~~.r ea .,~,d Jr,~.rr~o ~o
en~ hefd by sa.d MORfGAGEE a~ (u~ther srcwity to sa~d mort9aQe debl, and, not I~ss ~han teo llpi dsys in od.•..;e ai t~.e ~.;:~-•T.:,n o+ eaci+ po ~cy. to dQ-
I~.er to sa~d MORiG.~Gcf s re~ewal ~hereof. toyetMtr with a reteipl fOr the premium ot sucA rer:rwv'.: n+c ~tert a•a:' no f•e c• w.•.•1u•:,m ~ns~••ence
pi~ced on any of s~~d b~,~ld~~.gs, sny interest there~n w part the~cwF, unle~s in tF+e io~m and wnh the :i~s ps,,;,.e as zf~rr~-d. ~~d rne ~.rnt a~,y a•~m
oi money becomei paYable unde~ s~ch pollcy or pol~ci tejd MORTGAGEE shall havs the ep+wn to rrcr~:o ci =p~.'y r-.~ sh--•c oa r,co~~~+ of ene ~r~dr,.tr~-
net~ secur~ htteby W ~o permil sa~d MORiGAGORS~~reCeive and use it w any part Mc•.r-of to+ r. __:e. .
~n~ e~y equ~ty, I~en a rght u~er d by virtw o( thia mo:tgags; and in the evem sa:d MORTGAGORS ahn~1 :o( a~y roas.~n 4i! tp Lttp the s+~d ~xe~n.srs so
~,s~.rd, p f~~l 1o del~ver promptly any oi said poLcies of ineurante'to sn;d MORTGAGEE, a:~.: p~~T,~.•:r :o wy j.: : r~~-_-* rR~-«rvr or ~n a•~y
.e+pra fail to pe~form, d~xharge, eaecute, eifect, corr~plete, canply with and ab~~e by ~h~s corene~+, or a-., : Y~c+., s_ ~:/G~' s~C,:E r:oy ~ ac•~ ~ o .
cai fw suth insuronce or any part thrrMi w~thout waivi:~g or affecliny any option, lien. eq~aY, or ~y+:e ,~.oc, w ot ',e o' ':•:s •ti` -•!ga9e. a.d the
an+ouM of each and e~ery such paymero shall be im,nediately due and payable and shali bta~ ~nterrs+ frc^+ ~ne d~ee '~creot ~,nr;i ~,.d at rne rare of '
~~r per cemvm ~v ar,num and ro3rthar wuh such intrrest shaN be secured by 1F+e lien ol this mo+tgage.
t. To permit, com~n~t w suffer no w~ste, impairmenl w deterioration of said property a u+y p+n ~?+e~r.~.
5. To pay aIl and singulu ~he_ coats, charge~ and expensei, indud~ng a reasoosbk atso~ney's (ee a.+d cos•s af a4s~~ac's af e:r e, ~r+cu*~ed or pe•d r.
a~y nme by sa~d 1NQR)GAGfE, because a in ~he eveM of the (a~lure on ~he pert of ~he sa:d MORii,AG;lR to d:.iy. po~^y~+y a~d fv.1y ~rrtorn, d~scnarqr
=_c,;rr, eHect, comp:c~e, :omply w~~h and ~b:de by aach end every ~he atipulsnons, agreemeota, co:~d~f~o~s, arn3 c~~enar.n of s~e pan.ss.^..~ -wte e~a ?t,~~
a~~gage any w e~iAer, a~~d sa.d costs, che~yea and expenses, each and svery, shall be immrd~atrly d.x a~+d ~arac, e, w'~e~~t~ w rat rhr•e be ~or,Le d~ ~
~.a•~d. attempt ro co:iett o~ svit pend~ng; and the fu:1 anwunt of each and every suth piYment shel; ~a~ ~r•sert:~ srr+ ~?+e drrt ~i,~•e:,~ ~~r~~ pa.d ar ri~e
nine per ;enrum per an~w:~; and all aa~d costs, charyes and experuea incurred w pa~d, to9ether w,th s..ch +n~erest. s•.atl oe sec~red by the t~rn ot th~s
n:o,t~~R • . . .
6_ That (a) in tl+e event of any breach oi this Nbrtgage w de(auh oa the paet o( the X.~R1GAGr.'R, a b~ m r`.e evenr a.l of sa d sums of rr.onoy .
he-em refened to be not p~o.rp!iy and fully paid w~thin thirty (30) days next after ~he sa~rn se:e*a'.~ tr:v-:r a_T e ~;.a~.i~e, r.:r~.o•j' de:•~e~ d or no~~c-:.
.c; in the evenr each and e.rery the stipu~ations: sgreements, cond~tions and tovenants of sa+d prom~sscrr nc'e a•~o r?:s +-c~!g~e a~y or e.rher a.e not
j,,.y, promp~Iy and fuily performed, d,acharged, execut-~d, effected, compteted, compi~ed wifh and ~c sted 5v. '?~en e.+ne+ or a~~ s~h c~enr rne se d ag
~•~~gare sum mcnrwned :n sa~d prom~saory note then remaining u~paid, with interest acuved, and e:i mo~rrs srcu~rd he+eoy, uw:~ :.ecc+r.e due a~ µay-
~ 4wthx~th, w ~he:raher, at the option of said MORiGAGEE, aa fully and completely as a;i ef f!,e d s~ *~s ct c.or.eY we.e v.g~~a• i st Fv:a~-d
t~e pa:d on such day, anythiag in sa.d prom~ssory note p in this Mort9age to the co~r.ary not,~.~thsTa~d• g; anc ;!~.e•e_t,oe~ O! tf~f<L~SN at rhE o;~.o~ cf
i=' MORTGAGEE, v~~thout not~ce or demand, suit at I~.v w in equity, therefore or thereaftr~ brg~n, rr.a~ be Ficsrcu~ed as ii a:i rr,~oneya sec~red hreoy
r nd1Vfld ~+Of f0 ~1S In3tcTvtlplf. ' '
7. That in the event that at the beginning of or at any time pendi~g any suit upon th~s_ ARu~t~rge, or_ ro f~•x:cu or sa re~crm ir, or to e~fcrce
F:.-^em of any c'a,~*+s bere~rxier, u1d MORT~AGEE shall apply to the Cour~ having ~unsd.ct~on therect fa sne appor+s~._+u of a Qxe~rer, svch Cewr s~~::
a~~.•~fh appo~nf a recei~er of sa~d mor~gaged property ali and singular, intlvd~ng a~~ ard s~~~'a~ 1'~! :^CO+T{, =/"v -'S, ~SSaatS ard re:~.~es fro~-, wh.~tevrr
srrce de~ived, each and every of wh~ch, it be~ng expressly vnders~ood, is hereby mongaged as ~f spe::f~c~;!~ se! fo•:h ara c~-scr:~d ~n ~ix g~a~,r.,g ar:~
_eer.dum dauxs he.~-of, and s~ch Rece~ver sha11 ha~e atf ihe broad and effecr~ve funct~ons 2Rd P0~1rKS m ar.ya,:se e.:*•ua!-d 'oY a Cov~t to a Recri.er, a• d
s.c~ appointme~t sneit be made by such Cou~t as an ad:nitted equity and a matter of abso,v~e r.ght to si.d h5~i'~a~,r.fE. -rd w~'r:,ut re`e~~ ~cr ro t%,e
scy a inadequacy of tha value of the property mwtgaged or to the so:vency or ~nzo~ve~x.y oi sa~d R!vRif,:. ;GR c~ r:~._ i~?e-.da~~s, a-d rh, f s:.ch
-•s. protits, incane, issues and revenues shall be sppt~ed by such Receive~ accwd~ng to t1x Gen or equ:t~ of s~•~ N.J,iivFGzE ana s~e Fract~ce of such
Lo~ar. ' .
6~To duty, promptly and fuUy perform, discharge, execute, effect, oompiete, comply with bnd abide by eac.k a^.d etirry ti~e s+~F:,~a!icns, agreements.
_~-~.~~i,:~ xd covanams m wad promisswy note and th;s mortgage set fwth.
9_ Th~t in :he eve~t the ownership of the mortgaged premises, or anv part the~eof, becomei vested :n s x•scn cr}r rnan ~he MORTGAGOR, the
:~2'GAGfE, its successas and ass~gns, may, wi!hout nonce to ~t~e MORT(',AOR, deat w~th s~~ch succeiso* o* s_-cc_-sy -n •~•_*es• s.>~ referrr.ce :o th.s
_ ~gage a~+d the d=bt 1x~cby secured in the ~a.^~e n:anner as with Mortgagor w~thout in any way .:t•z~:~g c- Q x+.r?•-g rir .•~_••~a~c•i tiak.~ :ty herr
_~_r w upon the debr hereb~ xc~red. No sale of the premises hereby m3rigaged ar.d no 4orb.a.a~.c- on t~r car~ e* sne ~~wJ~~Jf`JCE u irs sxcessors
c• zss gns and ~o ratcns~on of the t~me for the paymenf oi ihe oe~: hereby secured g~ven by she fAORTG:.vFf o- .~s s~.ccessors w augns, K~ai! ope~ote
ro .e ease, dxharge, rnod~fy change or aftect the original liab~lity of the NIORTGAGOR kerein, either in vrFwie o~ in pa~t-
10. It is sFec~fical3y agreed- that time is of tha essence of this contract a~d rhat no waiver of any ob= ys•.oe hereucdr w e4 :Ix eb`igar~on se-
c. ~ed F~ereby sfie~l at an~ u~:e rhereaf~er be he!d to be a warver of the terms hereof or o1 the i~str.,r,~en~ sr_u•ed tc~D~.
I1. In add.r:o~ ro the iorege'og monthly payments of prir.c pal and inr>re:r req~ired by rhe p•o•~ is:+y r.c - s___-~ ?r~~~. Tc~r33y~r corenanrs
_~~•ees to fay ro carigagee ~w~th each rnontnly payrcent an add~~ional sum est.T.a~ed by m.ortgagee to oe cyu~ ~0 1+2 0: s:,e ~~s: of the fot~cv-
A-Ati rea! prepe•ty tia?s ir+ied or assessed agal~st the above described real es~ate.
8-Pre:r+~v~*+z on f~re and v,~nd:rorm insurar:ce as herein requ~red to be carricd on the 'vr.prove~neies s•_are -Se s~-..~1r c.+~st:~t=_d p~~m~ses.
C-Prem~urr.s on such rt:o:tgage g~aranty irsorar~ce as mortgagee fhali from t;me to time aeem f.t +o ca~ry or :ear. W~:red ne._U;. -
Mortgagee s~a~i f-cm.time to s;me ne~:fy mort9agor in wr~tmg of the amount due and payable he•eu~+dt* a~i s-ch s_T s`a ::here..r_n cr~ d~e and
'r on the d~e date of +t,e rrRt month:y payment and each successive month tnereaf~cr ~r.ti; mcrtg~y-K sf a'i r.,,~ i~ rra-•~a3v cf a ci+an~e ~n such
i . Su:h s`ma sFa ; ~e a~piicd by mortgagee toward the payment of real property idtll, irdvri•KE p~er. v-~s a d -.o..y,gr g~:ara-~ri ~nsurao:e
~ . ..;TS. .
` !~1 Y~li\iS5 'NHER~Of, iht sa~d MORiGAGCP. has hereunto :et his hand and ses~ ttie dai a~ year f;:st a~:.~~ _
j ;:t,i,~NS$gneA, Seated and de3~ve.ed in the p~esence of:
t ~
i (Seal) -
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~'~~~.v~'~- f1Y~~tr~t.s~ _(Sea~
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=-='E OF,FIORIDA f [ l i.~.n;~ ~
~ v SS_
: ~ ~'.iY Of ~ .f
Before mE perwna~iy appeared ~~I'ti J• .S~YBI'9 and
_ ~ h~s w+`e, *o ^~e ..e:~ i~~,~,-~ z~ kr.awn to me to be
~ • ~ ~r.d~vid~a:s deacr:ned in and ~ho executed the foregoin9 instrument, and acknowledged befwe me tha~ t.ey e:ez.red s'ne samc tw the purpose~
~ ~--~e~n e~epreased. And the sa~a-- Juanita Sr~dera _
•e of the said ~ObA2'~' J• `SI~@2'~ vFc* a r_,-sa~ate and pr",vate
~ _ - n3t;on by me taicn seyrate and apart (:om her said husband, atknowledged ~o and befo+e me sha~ stie e~cc_~~d sa:d ~*:s~r~-rent free:~ and vo:un•
~ ~ and w~tho-~t any campu:s~on, constraint, apprehens~on, or fear of or from her ssid husband_ =
W{TNE55 my hand and offic;al seal this J! day of A. D. 19-(.si_
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`~,'a:~,~ ana f« rhe s:are of f'~~ .-~!L".~b:~~`.
~ • ~
My Com:nission exp:res_ a n . i
Rec~m To: : ~ . d • _ .
~ " Fec:eral Sav~n~s 3 ~oan Association : ;
~ .n : _ .s.. a. - -
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~ ~ . orr ~ =_:ce-
~ Fo+r P•r•ce, F!orecla .~•-./~.ry~-~y'~1~ "
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~ , • M~'~~ ~T~s ~ . . j ~ '
~ Th:s Instrument Prepared By `~e6~ .;f~~;~t,tN`• C~~F~~
~ ~ rst fede:at Savings 8 loan Assouation .'-:f~~~
~ of Fort Pierce g~
~ rcrt P~er:e, Fiorida 33450 SQCx~~ P~ ~ 37 i n
~ • '
_ cked BY • ~~~ONl7~a~
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