The URL can be used to link to this page

Home My WebLink About0966 . . ~ ~ 835245 G~(Pd EMPL~y~ES~ ~`.J - St~3 ~ffHiT "A" AT1Y4~ ~10 FE~RAL CREDIT 1~NION p~OEt ap~7c aF Nprig P.O. BQX Q29124-1~MMN, fLAFiR]1133102 ; MOR'rQAG1E CREOITORISECURED PARTY CUSTOMEWDEBTOR IItNEST J06EPH ROfIltB~ and ALZ4IFA A. ROtiRB~, His Wife In cons~deratia~ ot a ban in the princ3pa~ amount oi z 29, 500. 00 to a~e ~nde~r,ea c„s~omenoen~«~s~ e~aer?ced by a+~ae of mis ~ aa~e, p`°~~~~~n°~'wy ~s~a~a a~ ~~,~o°f~«,j~~w~~~a?aa~~ua~,oe o~ a,e +ndeaea~sa, n ~a so«~er ~,e a~a payaae a, June ~y ~Moe.rtWgapre. and other g~o~o~dta~ni~d~ .veluab~le o-o1o~slderetio'ns~, it,h,~e undersigned _a~-~-aj-~_ ~~m ~~aiv~^~^\s~ ~ ~ ^^^`y°y`i•\e~~ 4R~ 1RNi~ ex~Qr aY11~1wiua~s~'°V°"°!^~°`^PU~O~ ~s alld °oo.y...~~ N 8~1~1, d08S f161~y1 IIIOfro~~ ~.""1~ b8f98if1~ b9a~ 8b6f1~ I~flfi8@~ f~198S9~ OOf1N9~1 8tld 00(IfllT11 b fh8 CifB~ilOf ~1Aflddl 18~f1'1 Sh8~1 ~IK~Ild9 suc~so~s a~a ass~.,~ M ~ee s~r~e. a~ n,e ce~ aea a ~and a wnid, u~e ~egorts~ ~ ~are~ ~wM? s~:ed ~,a ~ossessea, a~,d i~ ac~,~ a~ss~s~o~. ~ St. I~ucie Countv ' ~OtN1~ ~ ~ ' o" I,ot 4, Block 267, P~P ST. I~CIE, SD~ION 'IWII~TI'Y-F~OtJR, according to the plat . thereof, as recorded in Plat Book ~3, pages 31, 31A through 31C, of the Public Rec.~ords of St. Iucie Gbunty, Florida. wnid, nas u?e aedress or 1018 Proctor Lan~ Port St. Lucie FL 33452 t tate Zip ~ Together with all sWctures and tmprovernents now and hereafter on the land and the fixtures attached hereto, togeiher with alt and singular and the teneit~ents. hereditaments. easeir~ents. and t+ppurtenanc~s thereunto belor~ging or in anYwise appertainin9~ and the rents~ issues and pro6ts thereot, all the estate. right. title. iner~st. and ad claNns and demands whataoever, in law end in equiqr, ot the Ntortgagor(s) in and to the same. end every pert and parcel thereot, and a!I tixtures attached to the premises herein desix~ed. To have and to hotd the same, together with the tenements, hereditaments, and appunenances unto the Credita, in tee simple. Mortgagor(s) oovenaM(s) with Creditor that Mortgagor(s) is (are) indefeas~ly seized with the absdute and fee simple 6de to the premises herein des~xibed and possess tub power to seu. oo~weY transter and mortgage same: that the premises hereh~ desait~ed are hee trom atl encumbrances not sPecNice~N descxbed herein bebw: thAt MotigagOr(S) v~np meke such iurther assuranCes to proteCl the /8e simple title to tl~e prenrses M the Creditor es mey reasonaby be required: that Mortgagor(s) hereb9~ iu8y warrant tfie title of he pnemises and will defend the same against the Iavrlul daims of atl persons whats0ever. ~ TT~s Mortgage is given ss se~tity for the payment of the loan tefered to above 8nd sN reneM?els. fitture loans. and advanoes made (o0nsistent vrith paragraph 18 herein) hom the Creditor to the Custome?lDebtor(s) plus i~terest and charges U~ereon. and any ~sbursements made (or the payment of taxes. assgsstnents. le~vie,4 or i~urance on the pr~operty oovered by the 6en. with interest on such disbursements at the rate specified M the outstanding note Secured het~eby et the dme ot sudi d~sbursemenb arM the Mortgegot(s) a9ree(s): t. lb make aN pflyments r~equired by the des~ibed Note and any renewals. tuture loans. or notes secured by this mortgage. when due. ~ 2. Urtlass spplicable law provides othervrise. all payments ~eceived by Creditor under lhe Note shaN be applied by Creditor tirst io payment of interest payable on tlie Note, then to the prinapal oi the Note, and fhen to the interest and p?incipal on arry Fuh,re Advences. 3. To keep all buildings situated now or ereoted hereaRer on the desaibed real estae insured against I~s bY fire~ Ngtihiin9~ windstam and other hazaMs. casualdes and contingerxies, in e sum equal to the amotn?ts secured by Mis Mortgage. H a?e f+Aortgagor(s) shall not do so. the Credtor may do so without waiving tne option ro torec~ose, ana u~e oost atiereot snaa also be securea by this Wlorgage. nny amount so pafd by tl,e creditor sr~aN be due and paysble on demand. Shoutd loss or damege to the premises oocur, tuiortgagor(s) shaq irtunediately noUfy Creditor. 8 arry sum beoomes payable unde~ such insurence. the Credi6or may appy it to the ir~deMedn~s secured by this Mortgage. or may f~ermit the Mortgagor(s) b use it tor oRher purposes. without irripairing tl~e 6en of tltis tiAortgage. 4 ux;urcedeby U18 Cr9ditor to enforra9a in taw Or eq~iiy erly nOt Or egreemenbt SBCUred byttM~MortgAge or the 1 S~nd provisions O~t tl~ Mort9age• f 5. H anY PaY~~ P~'~~ for in a note seC~red by this Mortgage is not paid when sud~ payment becomes due. or K any agreement in this Mortgage ~ is bread~ed. the unpaid balanoes ol aN indebedr~ess secured by this Mortgage shaN becane immediately due ai the optfon of the Credita, less onty such cxedits and refurxis as may the~? be ~e Mortgagor(s). and the Cteditor may (oreclose tF?is Mortgage in the mar~ner provided by law. and have the rtwrtgagea property so~a a satisfy or apply on n,e indebtedness nereoy sea,red. 6. The reM and profits of the dessxibed real esfate are also hereby mortgaged. and it prooeed'a~gs to toteclose tMs Mortgage shaN be instituted. the ooun having jurisdiction U~ereof shaN appoint e reoeiver d fhe mortgaged property, said appointment sheM be made by the oourt as a matter of sVict right to the Creditor and withb~~t refererxe to u~e adequacy or inadequacy ot the value ~ the PmPerty herebY mort9aged, or to the solvency or insoNency ot th~ Mortgagor(s). or any otl~er pany detendant to the suit. Mort9a9or(s) specifically waive(s) the rigM to object to the appointmeM of such a receiver and consent(s) that such appoifRment sh811 be made as an admitted equit~r and as a matter oi absdute rigM b the Creditor. My d8fault in the payment d a Iisn or rtaRgag~ to whiCh this Mortgage may be subjeCt sheN be. at Cre~itor's option. (or all purposes considered a defaull hereunder. B toreclosure prooeedings st~ould be instituted againsl the ptoperty oovered by this Mort9age upon eny other Nen or claim whetl~er alleged to be superior or junior to the lien of this Mortgage. the Mortgagee may, at its option. immediately upon ir?sGtution of such suit or during the ~ pendency fhereot dedare this Mortgage and the irsdebtedness secured hereby due and payable iorthwhh and may at its option pr~oceed to forecbse dtis Mortgage. _ . 8. Mort9agor(s) shall pay all taxes, assessments. and levies which may aaYUe on said real property. In detauft thereof. Creditor maY PaY waiving the optior~ to forecbse. an aH sums so expended by Credita shall becorne part of the debt secured. with interest. and sall become due and paysble on demand. 9. Mortgagor(s) shall not waste, negleci, or (a~l to properly maintain said property, an in the event this agreemt?nt is not kept, the Creditor may, at its option. make stkh repairs or cause the same to be made. and all sums so expended by Creditor Shall beoome part of the debt secured. with interest, a~d ShAH beCOrne due arxl payable on demarxl. t0. Creditor may make or cause to be mede reasonable entries upon and inspectiorts ot the pn~erty, provided that Creditor shall give Mortgagor(s) nb6ce prior fo any such inspections spearying reasonakle cause iheretore ielated to CtedNb~ inter~5t'tn me proparly. - tt. Tt~e prooeeds of any award a dafm for dart?ages, direct or consequentia~. in oorx~ec~lon wNh an}I oondemnaUon a otl?er taking of the propeAy, or part thereof, or tor conveyanoa in lieu ot oondemnation are he~eby assigned and shell tie' paW to creddor as weU as the hdder of arry prlor en~umbranoe which is speciNcally des~xibed he~ein below. as their iMerests may appear, not to exoeed the sum of amount due each. 12. Extension of the time tor paymen! or mo~fication ot amortizatan of the sum secured by ihis Mortgage shall not operete to release the liabiliry of the original Mortgagor(s) ar~d their suoceaeor in interest Credita shall not be required !o oommence proceedings against such suocessor or refuse to extend time or payment or otharwlse modiry ert+ortization oS the sums secured by tMs Mortgage by reason of any demand made by the original Mortgagor(s). 13. My (aebearance by Creditcr in exercisirp any rights or remedy hereurxler shall not be a waive? ot or predude the exerdse of any such rigM a rernedy. The procurement of i~surence or .the peyment of texes or other liens or charges by Creditor shall not be a weiver ol Cerdda's right to aocelerate the maturity of the axlebtsdness secured Dy this Mortgage. x~. 14. AM remedies provided in tMs Mortgage are datinct and cumula4e to eny other tigM a remedy under this Mortgage or affaded by ~aw or equilY, an may be exerased ooncunendy, idependently a vuocessiveh~. . 15. N, whiie C~ia Mortgage is in defaull, the real estate sha11 be abandor~, or evacated, Crecfitor, in its aob diaaetlai, may take possesslon o1 !he premises, and take such ateps creditor deems neoesaary to proted its interest. M surtte so expAncled by Creditot ahaiN beoome part of the deM - secured. rvith interest end shaN beoane due and payable on demand. • s, r ~rn. u.e a a~s word I~toM in aw mortgage rere?a ea~~er to a pronassory ~oae a a bne a crod'it sgreen~er~. 0.~ Y~~ ~ _ - . .