HomeMy WebLinkAbout2763 To piac~ ~nd continuo~sly ke~p on tM buildings now w MreaftK ~ituaq on taid la~d and on ~11 equipm~M and p~nonally tOVN~d by this mo~t¢
p~, with ~11 pr~miw~a 1Mr~on p~~d in fu14 fin insur+nce in ~he ~sual siarxlard polKy form, 1n a swn approv~d by tM MORIGAGEE, aed wind~torm
imur~nct i~ tM uswl st+ndard pol~cy fam, in • wm ~pproved by ~M MORTGAGEE, i~+ tiuch ca*+p+~y o~ ca*P+n~a +s M~ N?ORTGAGEE may
dir~clJ and ~IN iln and wii+dstwm insur~nu pol7cies a? any of iaid build~nps, a~y interest tF.Hein w p~r1 tMreof, tn ths a~grcqat~ wm ~fa~said w
in ~xons ther~of, aMll conuin th~ uwal standard mat9agea clause w iuch otha clavss ~s ~M Moregages may rpu~n, ~nakinp tM loss ue~dN said poli~
ciN, tacA u+d ~vKy, payaW~ to said MORTGA~EE ai in in~e~eit may appear, and each and every ~vch pol~q thall bt prompt~Y +ss:9^ed u'd d~~'va~d ~o
any h~W by said MORTGAGEE u furthK ~ecvrity to said mor~yay~ deb1, and, not leu ~h~n ten (10) days in advance of tM expiration of e+ch policy, to dr
liwr to taid INORTGAGEE a rsn~wal thereof, tope~Mr wi?h a reteipt for tfie premium of i~th re~ew+l; snd th~r~ aMll be no f'u~ or windsro~m iniv?~nt~
pl~c~d on ~ny of said buildinps, ~ny i~terttt thtrtin or part thereof, vnleu in 1M (orm and with tM loss payable as afaesaid: ~nd in tM event any sum '
of moMy b~ca~w~ payable w~de~ such polky or po~~c;e~ s+~d MORTGAGEE shall F+~ve tM opt~on to receive and apply the same on +cca+n~ of tM ind~b~ed- ~
n~u Nty~N! h~r~by o? 1o pKmit Nid MORTGAGORS to reteive and us~ it a ~ny part thereof iw other pu~posq. wi~hout ~he.eb~ waivi~g a~mpair- ~
in~ ~ny p~ity, li~n or rght vnde? or by vlrtw of Ihit mortysye: ~nd in tM event said MORTGAGORS shsll for ~~y reason i~il to keep tM ta~d prernises so ~
~nsurd, w fail b d~liwr promptly ~nr of said policies of insu~~nc~ to said MORTGAGEE, w fail promptly to pay fully ~ny premium the~efw a In any
r~sp~ct fail b p~rfw~n, dixlwp~, ~a~cut~, ~fhct, complete, comply with and abid~ by this covenant, a any pa?t he~w1, s+id MORTGAGEE may p~+ca +nd ~
pay fa such inswanc~ a any pwt thKeof without waivirg w~ffectinp aoy option, li~n, equ~ry, a~i~h~ u~der a by virtw of thi~ Mwtyspe. ~nd tl+e ~
full ~mounl of ~ath and ~wry tuth paym~nt fMll be immediately dw and piyabl~ and shall bear i~terest irom th~ dat~ thereof until paid at tht rat~ ol
nin~ pN c~ntum pN ~nnum u+d toyether with tuch interest shall be secured by tM lian of thii mort~aye.
4. To pKmit, oomndt ar suifK no wut~, knpairment or detaioration of said property w aey part thereof. ;
S. To pay aU u~d sinpular tM costs. charges u+d expenses. includinp a ieasonable attaney'~ fee and cwn of abstr~cts of title, incurred w paid ~t ~
sny ti?ne by aid MORTGAGfE, b~c+use or in the wtnt of the failure on the pa?t of the said MORTGAGOR ro duly, promptly and fully perform, d~uMr~. ;
~xecvt~, ~ffect, compleN, complY with a~+d ab~de by exh arK! evcry fhe itip~l~tions. agreemenfs. cond~~ions, and covena~ts oi said promissory note and this ,
mortpp~ uiy a eitha. ~nd said cost~, th~r~ ~nd e:penses. e~ch and avery, sMll be immediately due ar+d payable: whe~her w rat ther~ be notice dr
mand, att~mpt to co11M w wit pa+diey; u~d tM fvll ~mount of each and every wch p~yment shalf bear interest from the date thcreof until paid at tht ~
r~te of n(n~ per centum per annum; u~d sll said cosn. chsrg~s and expenses inturred or p~id. logether with suth IMerest. shall b~ setured by ths lien of thia
6. Th~t (a) in tM ~wn1 of any brsach of this Mwtgap~ or defaul~ on the part of the MORTGAGOR, w(b) i~ the ~vent any of s+id svm~ of morny
henln ~~fKr~d to b~ not promptly ~nd fully p~id within thirty (30) days nex: airor the same uveratly betan~ due and pay+bk. without d~mand w notici,
or (c) In tM ~wnt ~ach and every the stip~latior?s ~greemeros, cond~tions and covenanrs of sa~d promiuwy note +nd th~s mor~gaye ~ny or eHher ar~ nol
~uly. promptly and fuly p~rfwmed, d~sch~rged, executed. effected. completed, compl~ed wi~h snd sb~ded by. then in either or ~ny tuch ~wnt the s~id +p~
prpat~ wnn mintioMd in aaid promissoty oote then remaining unpaid. with interes! acuued. and all montys setwed. hereby. sMll betwnt due ~nd p~y-
~bl~ fo?thwith, a tMr~sht~, ~t the optior? of said MORTGAGEE, as tully and complNely as if all of the said wma of moeey were aipinally stipul~tsd
ro b~ paid on wch day. anythlnp in said promiuory ~ote w in this Mortgage to the contrary notwith~undiny: ~nd ~Mre~?pa+ w thereafiK at tM op~an of
t~id MORTGA('sEE, witiaut notiq o~ d~msnd, wit at I~w or in equity, therefwe w thereafter begvn, m~y bt prwecvt~d as if ~II mo~tys sacur~d Mr~by
had manxed prior ro in irotirw~on.
7. TMt In tM ~vent that ~t the beyinnirg of or ~t any time pending any suit upon this Mortgage, or to foreclos~ it, or to reform it, or fo enforu
p~ymer?t of ~~y dima hN~w+der, said MORTGAGEE sh~ll apply to the Coun having jur~sd~c+~«? thereot for ths appo~ntment of • Receiver, such Cou~t sh~ll
iwthwith ~ppoinf ~ nteiwr of ss' matpa9ed property all and sirgular, includ~ng aIl snd singular the income, profits, iuues and rewm?es irom whatev~r
sourq d~riwd, each u~d ~wry o~which, it bein~ expressly unde~stood, is hereby mortgaged as if spec~fiully set fwth and dewibed in the ~ranti~?p and
h~b~ndum cl~us~s herwf, snd such Receive~ sha~~ have all the brwd and effective funu~ons and powen in +nywise entruited by a Court t9 a Reteiv~r, ~nd
~uch appointm~nt shall b~ made by tuch Court a ~n admitted equity and a rt+~tter of absolute right to said MORTGAGEE, ~nd without refere~c~ to tl+~
adequ~cy w in~dpwcy of tht vatw of the property mwtgsged or to the sotvency or insolvency oi said MORTGAGOR a the defendant~, and that such
renr~, ptofits, intonr, issues ~nd revMUes sh~ll be applied by such Reteiver according to the lien p equity of uid MORTGAGEE and the prattit~ of suth
Coulf.
8. To dvly, promptly ~nd fully pNfwm, d'ucharye, execute, effect, complete, comply witA and abide by each and ~vcry the stipulatiau, ayreements, i
conditiom ard aoven+nts in aeid promissory note and ~his morrgage xt forth, r
9. That in tM eveM the ownenhip of the mort~syed premises, w any pert thereof, becomes vested in a peraon other thsn the MORTGAGOR, tM
MORTGAGEE, iri wcutson and ~uiyns, may, without notice to the MORTGAOR, deal with such iuccestd w sucussor in interc~t with rtfer~nce ro thi~
mortpp~ and tM deb~ hereby secured in tM same manner as w~~h Morigsgo. w~~hout in any way vit~a~inp a d~xhar9irg the Mon9aQon' li~bility herr
under or ~pon tM debt Mreby secwed. No ule of the premixs hercby mortgaged and no fwbea~ance on the pan of ti+~ MORTGAGEE o? iri successors
w~uipro and no eatension of the time for the paymeM of the debt hereby secured give~ by the /~ORTGAGEE or its tvcceuors w ~st~y~s, ih+ll operaf~
ro nkas~, dixlurps, modify ch~ng~ or ~ffect the original liabi{ity of the MORiGAGOR herein, either in vrlak w in part.
10. It is specificdly s~reed tMt time is of the esxnce of this cororact a~d that no waiver o( any obli9atan here~nder a of ths oblipatio~ sr
cur~d Mnby ~11 at ~ny ti?n~ theieah~r b~ Irld to be s w~iver of the terms her~of w of the i.ntrument secwed he~by.
11. In addition fo ihe forego:ng monthly psyments of princ"pal and inte~est required by the promissory note secured hereby, morfgagor tov~nants !
and a~rsea to pay to morfy+9ee with each monthly paymcnt an add;~ional sum estimated by mortgagee to be equal to 1/12 of the ann~al tost of ihe follow- j
ing:
A-All re~l property taxes kvied or assessed against the above deuribed reat estate.
B-Premiums on fire and windstorm insvrance as herein requ;red to be carried on the improvement~ situate on the above desuibed premises.
C-Premiums on such mwtgage guaranty insurance as mortgagee shall from t~me ro time deem fit to c+rry on the ban secured hereby.
Mortypee shall from time to time notify mortgagor in writing of the amount due and payable hereunder and such sum shall the~evpon b~ due and
pay~We on the due date of the next monthly payment and each successive month thereafter urtil mortgsgee shall notify mortgagor of a chsnge in wch
amount. Such swnt shall be ~pp~ied by mortgsgee toward the payrnem of real property tsxes, insurance prem:ums, and mortpsge yvs?anty inwrance
premiumt.
IN ITNESS WHEREOF, tM ssid MORiGAGOR has hereunto xt his hand and seal the day ~nd year firtt
S SNled and ~oliwred in tM presence of:
t/ ? a4
ness ar es y n ~
;
~ . are n "
Witness n
STATE OF~Connecticut
Neu Haven ~ ~
cour~n oF i
B~fore ms pKwn~lly +ppe~red CA7`Z Sareskv snd
St3l ms~ S~ ~~'~RyICQ h+s wife, to me well known and k~own to me to b~
rhe individwh desvibed i~ and who executed the foregoing instrument, and ackrawledged before me that they executed the same fw the pwposes
~r,~.e~ ~upressed. Md tM wid SeLa S. Sare skv _
Carl Saresk9
wife of tM s~id uj~QA~~ r*t ~nd,priv~t~
exsmi~~Yan by me taken sep+rste snd apart from her s~id h~sband, +ckrwwledged to and before me that she execvted said~.~3tr~f~" ~C^'~+yolvn-
rarily a+d without any comp~lsion, consn~int, appreF~ens~ , or fea? of or from I+er s~id husband. ~ ~ 0"Y
WITNESS my hand and official seal thi day of October ~ ~p,~q Ypbv
~ ;
- Noury Public s fw the S~te~o t
. My Comm" e:pires~~~~ % ~ ~ n~C~~ .
Return Ta y = ~ . .
Fint F~deral Savinps a Losn bsociation '~i~~~~s...•~''~Ot~~,
Of forf Pierce. ~~i~~~~~~~.C.'~,..
~ P~NCe, Florida FIlEO AND RECORDEO
ST. LUCIE COUNTY. FLA.
f~~~Qi 7 :'ER~F!E~vl"" lL
~
. rnT Z ~ i~l'~ ' I •
. . 14941~
j:n.):_ . t't)' t t`C.J
CL~RK Clr~CU1T COURT •
} 600K15~ PACE s)6~
1 ~11
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