HomeMy WebLinkAbout0054 To p'~tr .~nd conf~icu~~usiy Aeep on thz Lui'~I ~.~s ~ o.v or f~~~r~•alter sil~is!r on s3i:! tand and c,n a:l ~ q~~i~•.ri.rnt and ne~ton.~lly eoven:d F~y Ih=s ~n~rlg•
_ e9e. withi a!I preniian-r, tl~crt3n pad ir full, Lr.: ;.~e,,;~s~i<o ~n li~e nw+l 5~~~:~~r~l :ct~ty f.rm; in a sun a~.~irore.: by Ihe 1.;OR~G.~Ii!E. aced vvi.::/itotr.~
~niurance ~n th~ uwal otan•~~rd po:~cy iom:, in a sum jE~~~rn,r.! b~ tho ~.1URIG_1, EE, in suth co~npany or te~n~~jn~es as ihe ?~5(};iGAGiE m.jy
direcl; an~J ~I~ (ira a~d •,n;ncis~aim insurant~ po!ici~~s :,u ;n~ ~I s:~~~i Lu~lc+nys, any ~nt;re5t iFr:c~n or part !h~reof, in the sgg~zg~~e s::ti 3`~reiad or
in excess Iherrof, shatl contain ti~e us~r.:l st.indxd mori~~gce t':ause or s~ch o~her i',vea at 11:3 A1o~tn~geo may requ~ra, making the io~s ~~~Jrr s+~~l po!i~
eiei, eath ar.d every, piy~l~~ io said h:~~~IGAGtE as ~ts inc<<.,st ~ney a~;rcar, r.~:;i :•:ch .ind e:ery such po!IC/ shall t~r;;ron•,piiy assg~iiu .u~ci d~-in~rred ~o
aRy h~!J by s~:d r,~OCiGAG:E as funhsr se.urity ~o s~~J r.~ortg,~e d~!•t, and, o~~ ;cu th.sn icn (;0) ds~s i~ ad+ance of I~c cx~,iratia~ ot cach poGc~. to da-
I?ve? fo sa~d t.10RTi~AG~E a~enev:a! tf:erccf, tegelf~rr witl~ a t~o.~}~~ fcr ih: pro:e~ur•~ u( wch :ene:ra~: and thcre shall ~e no ihe or w:rJstorm iiesuranct -
' p~aced an any of said buildings, eny intarest Iherc~n or pait thert•o~ un~cu in iha icrr~ ,r.d v:ith th~ loss peyai~!o os aforesaid; a~~d '+n the e+en1 any svm
of rnon~y betomes pay.~blc u.~der s~rh pofity Or puGtios S.~~J 1.1URIG~~GEE sh.~il h~va ti~e opt,on lo ret:ire and ap~:!y tha same Un etcou:~l of Ih2 indehtad•
~~2SS Si•tv!¢cl hc'reb~ or ~o per:nil 53ic1 1.40RiGAGORS lo ~Ctciti•u a;i~l ~~Se it ur tri~ F,~~~ ti,••:i•~1 tvr eti~ r{?~if OSCS. W~tlip~:t ~h:~ri,: x~~.i~:~ .:r ~•i~p~i~- ~
_ ing any equ~ty, ~ien a ~~s1~~1 i~ndrr cr by virtv~ oc ~rus mo::yage; anJ in the event sa`d MO~TG~~GOFS shrtl for any reason fa~l to kcep ~he sa~d prcmisas so
insu.cd. ot lail to daliv~r promp~ly rny ui said ~:oLcics ol insu~a~ca to sa:d MOP.IGAC•EE. o~ ~ail arcmp:iy lo pay fu11y any prr;~~ium tFirr~ior or in any .
resped fail to per(erm, d:scha~ge+, executc, cff,;c~, compi.:te, carply with anJ aacle hy ~h~s co~•e~oi:it, or any part haryof, sa~d MORT;iA(iEE n~a/ platr a~d -
pay for svth insurance ur any part thereof N'~1F1PJ1 waiving or aff _cting an~• e; tw:L lien, equify. L ~~gh~ undgl or by v+rlue o( th~~ M•oi~yag~, and thc
f~~ll amuvnl oE each a~d e~e~y svch payn~ent sha!! be iinmcdiately ~l,~c e~id },ayab!~_ ai~d sh~li bvar interest ir:.m ih~ dalz thereof ~nt+! p::id al the r~te ol . -
~iiic p_r eent_m E:Cr anr.u~t~ ~ml toj~•i~::~r •.~~'t, sveh intcr~~ct sh~i~ 6e s_e.:i~•d i>y iLC Ifen o( th~s mo~fgal_.
~ d. lp pefr.~it, Commit Of S~f(er ~o ~tiasie, in~Va~rmi~if or dt~teri-~r~t~on o} s:,icl (.rC{~C!ty ot any pJrl tFereof. .
5. To pey a~l and ;ingviar the costs, charnes and ea~~enses, in;iuding a r=asoaab!e atiorney's fee and co:ts oi abstracts of tiite, incurred or pa:J at
an~ tin:e Ly s~id .\tGR1GAGEE, because cr in the event of fh_ fa~iure on tiie porf ot th+ s~~d h'~JRTCaAGOR to dvly, prompliy aiid (ully p<tlorm, d~sch~.ge.
~xecute, efiect, eemptefe, compfy wuh and ah;da by rach and evc•y the s~~pula~wns, ~g+ec~,~c:~is, cond~tions, and covenants of sa~d pro:nissor~r note znd thls
morrgac~e any or e:~hrr, ,~:d sa:d co;ts, charges a++d cxpenses, each and every, sh311 be ~~~,~ned~atc?y d~r and payable; .tih~~her or no? there br norice d~
~ mand, altemFt ~o cailect or s~~it pe~~ding; and rht fufi anwunt uf eacn ar.d ecrry sv.h ~yment shall bea~ in!erest irom ~he date Ihereof unti! paid al the
ra!e o! n;r,E p~r ientu~n ;~:cr a~i,:u n; n'u! ai: Se:d costi. ~;~arges ~:~d rx;?r; ses ~:'curtcd oi pai;l, lu9_Iher ~v~th suth interest, shdll b9 secuted by the I~cn o( thi~
moriya~a. ~
b. Th3t (a) in tho even~ ~f arty breach of th~s A~t~r~gaga or deta~lt u~ fFa p>rt of the :~,ORIGAGOR, or (b) i~ ihe event any of sa'd sums e( rnoney
_ herein :e~er:eJ tu be not t ~c~~,litly ar.d fu?iy paid v~ithi ~ ~h~r,y i301 da~rs ~,rxt a~ter cE~~ s.; r,e se~eral{y become due and payable. ,vithoul demand or nolitt,
or (t? in ine e:e~t eatL ar:d eoery th~ stiF•U~ET10~5, a~rerrr.ents. cunci~tle~s ano cover~;~nts of sa d n~~missory ~ote and tl.:s -mortgage arry or eilher are not
~uiy. ~roo:ptiy and t~liy rt-rfo:mcd, d s:h~•;~:d cae;utzc!. efiec+cd. co:np~eecd, ca:,,~.Si,d ~•.ith ar.d ~ak,idt:d `~y. lhcn in eithcr or any such event 1ha sa,d ag-
- grc~ate s~n memia~ed ii: saiJ p~om~sscry nc!e c}ien ~:ainin~ u::pa~d, v:~~n imerc•~t acuu_d, ~nd all moneys secured hereby, shbli becoma due and pay- -
ab:e .`crih,.•~th, cr 1h;r~~Itr_~, at ihe cpt~o~ oi s.+:d '~1QRiGA(,EE, as fu~l; a~,:) comp;r'.c!y as if alt oi the s,a~d s~ms oi mo~ey tvere origina:ly st~nulated
lo h~ pa.d on x~cfi d~y, anylhing in sa,d F;ro n::~.~:y note c: in tnis ~.tcrtgaya to ti~_ cenira~~ itotrl:thstandiny; and Ihereupor or thzreafter at tFe op~t~on of
sici A.',02iGAGEE, vr'hout no~~c~ or de:r.a~,~i, w~~ ai i~~v cr in eZuiiy, t^cictore c• t1~er~~oi+er L-r<~un, may 6e prosecu~ed as if aU moreys setured hrreby
h.d ma:ureti ptior to i~s ins~~sutio:i. . .
7, lh j! in 1l•a r:cns ~+•a+ a! t'ric L.eginn'n~ :,f or at a~~y time t:r:~c!icg a:iy 5;'f ;:t:-~r~ tl;is llor:ga~e, or to foreclosE it, or to reform it, ot to tnforte
- payment o! a„y c~~r;;s h_~cu~~;de~, so~o 1:.~)4I~;,,r,(:,_: sha'i a;;F,!y !n thc (:ouri i,inrg ,u:;s~Lci;on 7he~coi for ~h~ appointment of a Receiver, sufh Cc~rt s`~all -
~C~rf~.tith ay.~~:::nt a•_:_~::r ol ~ ai:! mn~t~.,:~iil F.+o; :.!i s;^3u•.: r, ir.:iutl ny a~~e~ 5~~~7ul.it Ihe ir:co~ne, p~ol~tS, iSSUes dnc~ rEVenueS f~Om whatever _
so~rce den:ect. • z;h ~cc! ev~ry of •r.i,.c!,, ,r t,c~eg •:-:press y ~n:l~rs~~:c:i, is t er~~~y n.eri,~.,+~_d as ~f s~c~'.icaity set forth and desu+bzd in ~he granting ard
h:~Fr~r.dum ~':,uses f:e:~~of, acd wch Rrcc+ver ahatl ):a,~ aii the F~r;;ad ar:v •.•iiecr~:e fu:utn:.~s _:i d po•.• _rs in anywi;e enFrusted by a Cour~ to a Reeeiver, an~
stch .ppoin:rte:~i s~:s;. b^ n:r~+e k~y s~ch l'o~~r: as a~: aci ^.it!rd . ~!y ar.!i a~~~jttar cf ~~,so ~~!a r'yht to seic~ h10RIGA('iEE;~ and withoul referente tn tt:e
au:q:~.:t~ e. :n+dz-.;u:c; 01 tnc• v3i~r of ts,: }:rn;:err, mo~r,.•gc:'.~Jur t.~ r},: so,ve~n_; _~~~z~:.:~nc~ o~ said 1.10li(CAGOR or the d<~:~dants, and that auch
' rems, prolifs, income, ;ssvrs a~r' r.:zr,ces s}s~ii be 3~~, i;eo ~y su: ~ Rec_ive~ accord:•,g to ~h? iicn or equit/ o( said M7RTGAGEE and ~he pratt~ce oi such
Court. ~
: 8. Te duly, prom;:t=! ~nd fvily Ferfxn,, d~sch~rge, ez-:cv~e, e~:e~c, w~rp~<~~~_, con,p';• v:~:h and abide by ea~h and every the stipulations, agrcements;
eond~tiens and covenanTS n srd prom:ssxy no!e a:~d :h:s n,^rrg3ga sc• ' , ~
. 9. TFat. in thc event the cwce•sh?p cf the mor'g::geJ Fvea~iscs, o. = part thereof, 6e<om=s vested in a person other th3n the R40RiGAGAR, the
AlCRiGAGE~, its succes:crs ar,~ assi~n:, :nay, .v~ he,~f r.ots~ to tt,~ :',:ji1G: J.K, dca: w~t!~ such successor or successor in interesi ~vith rzferente to tnis
mo!tg2~~e ar j the c1:i:t here5y sit~;ed in Ihe sa^. e m;r:r:er as v:~th ;.~~ttyago~ x~th~~t in any :vay v:fiafin~ or d~sCn~rging ine 1.1Cttyagoii iiai~iiiiy I~cre-
- ur.drr cr_upc~ th= de!,f h::eL; secur~d. t;o se'e ot ii:e Fre•n~sFs i~_~:eb; .;,or grgc~d and r;o forbe~r~nce on Ihe part of ~he /.'IOPiGAGEE or its successors
- or nssi3ns and no eAren;~un of the tir:= fcr ~h~ p3ymn;~1 •,;t the debe h^rz•hy s_cur;;d givan by the ~~10RiGAGEE or its s~ccessors or assigns, ahall operate
to ~e±eese, d~echarye, med~fy th.3ngc o~ affect the er~glna! lia~:~:i~ oi the f;.Cf~IvAGOR F:zrein, eitF.~r in who~e or in part.
10. It is snec~f~c:~~!y ayre>d that ti:ne is oi th~ cssen~e of th~s c<~nira;t r.~d tha~ ro waiver of any cb~~gatlon hereunder or oT the obi~gation se- '
- tured hateuy sha:: at an~ time th=r~ahar be he!d to s_ T v:a~vc•r ef th~ !errns ~~_r~of cr ei the inslr~:nenl setured harby. . ~
11. in ati:l:r'.~•~ ic:a_;c'.i3 r+J••,!:1~: f~?y'iT.7:115 ci na? .:.3 in,<•r::s' ;F•;~~rcd by t!in p,-o;n;ssory ro!c sacured hereby, mortg~gor eovznanlS .
;nd agrees :o ,~ay to n:er!g~g,,e :.`:th ~ac%~ n-::,•iri;?y f:~,• :E~:~ ~c.i ~;~~a~ s~~:~ ~s''?'~tcd b/ rnottg~qe~ !a be equal to 1;`12 oi tlle annval eest ef the folto,n--
inq: ~
A-r.;l :eat p-cperiy taxet ler;=;: or aress_.i agr•i~.s! !h_ ai:o.e dcscr~:~d rea! esc,,!>.
c F'r~:~:~ums cn hre vro :.';r:dss.•-n; ~.:;v~crcr e~ . er•~ rac::~~•~d t~ be carri~ J v~ tha [mrroveme~ts situate on th: atove described p:en:iset.
C-Pre:~;~~n s e~ i~_ch n:ertg~ge O::d•3r.+y FrSVtz~CC as '~;v'1_~3~~_E• Sh3:f frcr ; m_~ io t~,nr d-~em fit )o carr. on the_ !oan secured hereby. ' '
1.5~;tqan~~ s~~;:' 'ro~n t~~-:.~ :n ! r:,e ~~o~i(~ rr.cr,yag;r ~n v.:;r~ng ef th~ r.rro~~t d~e.and payab!e heraundar and s~th su:n sha(I thereupon be d~~e and
_ ' ~.ayab!e o~ th~ d~e• d,fe oi ih= ~„o-,t;;:y n•y.r,e~» a^~ each w.cessive R.cn*h sh~reat!er ur:til mo~tgagee snall ~oti(y morigagor of a ehange in s~ch - _
am.ount. , Such su:r; sF~a'i f:~ ap~~i~~~d L~ n:crtc__z~e to::ard tc~ f•o}ll:ent ef re~t pro;:rrty taxc•s, ir.surance p~em:ums, and mo:tgage guaranty insurance
}.re~n4umy ~ . ~ ~ . -
!^i 1'JIT~tFSS '.tiHEREOF, tt~e said A',ORiG~GO~t has h~reu:,to set his hand ar.d seai the n iusf a r id.
~gned, Seale~i a-c' de~;
~~e~e ihe pr ertc of: f 1LE0 AN:! r'.:CORUE r
- ST. lUC!i :.,IikTY F (Seat}
RO,ER ~u1T 7b~t1T[-' . mo o -
- C! ~RK C1=•~~ RT~ ~ (Seal)
- - - - pFC~K~~ 7~~:: ~ ~ (Soal1
- - - ~ 1 . I~'fOD O " (Seal)
s R~~A _ _ APR ~O 2 24 i'M'7~J = '
- St . ! ucie - ~ ss. _ c~.. ~'7~~~ -
COU'•ITY OF - ~ _
d~for.~ e,~ ~:ur5o:t91~y a~~.eare~ ±T- ------,JO~lll F. i?u~II?OIlCjO and
!~elores L. Ranondo . . .
I . _ h~s ~n~~fe, to me vvelt knovfn and kno+.:n to me to be
!h~ ind;vidva,s descr:t=d in and v.ho executed th_ :cr•~go~r, ~r;ztrument, end atkro.viedge~ before rne tFat they exe.uted the same for ~he pirposes
therein expressed. And the said ~ ~elores I.. Ramonr3o
riife of the said _ .~O}~~ ~ E. Ramon~3o -
- , upon a separate and private
exam;nat;on 6y me ta~en s~parate and apart from her s~id husbard, acknoxiedged to and before me tnat she exetutPd said instrument Ireety and volon- - ~
tariiy ar:d ~v~~hout aoy co:^putsion, co~srr3ir.t, apprr•hens:e or fear of or from her said hu nd. ;
:VITPIESS rny han! and of(ic;al seal th~s-.___28~ day of_ ' _ T , A. D. 19~ . ~
- . - . ~ - ~ ~ ~ i - ~i ~ .
_ ~tota:y Public in and a: the Staie of Flarida af Large,.-•••. '
My Commissic~ expires: ~ , ~ , ~ j
aarU~R r~: ~ - t ~ ,7 ~
Fi~st Fe~eral ~a.~ings ~ loan Associ~t,o;~ - - - - _ v~
~ ~ (7f . . " . ~~~i„v i'..~.. . . . t ~~f:9 _ _ : _ r! . -
~q•~ P.r:t-' ,
~,:y . : .i'=--- • • . ; j.- . - . l°", ~ ~ ~ ? , : t
fort Pi~ •cc, Flori~~ ' , - ' ~ = • -
f_.~.,... i.~ ..c ~ •2 C_.. . v'jr ' ~
~ - - ~ '.^i '
_ - • . . t
This Instrument Prepa.?ed By ,j, Nal Roberts~ Jx. ~ . ~
Fir3t Fec~eral Savings & Loan Assor.iatinn ~ ~ . - "
- of Fort Pierce, Flc ri~3a 33~1 SO ~ _ g~Qx ~~CE - - . - ;
_ i
Checke~i By ~ _ - '
~ _ .i
_ - - 1
Y ' ~ - r ' - C SW
; ~
, . - ~