HomeMy WebLinkAbout2506 To plaa ~nd oontin~ously k~~p on th~ buildinps ~w~w w M~~aftK tit~~q on said lu~d snd on dl puipm~nf and p~rson~liy cowt~d by thi~ mort~
+pe, with ~It premium~ thereon pa~d in f~ll, fi~~ iosuraoc~ in 1M ~swi s~andard policy fo~m, in •:um app~oved by the MORiGAGEE, ~nd windstorm
insunnu in tM uwal ~qndard pol~q funy te a ium approved by tM MORTGAGEE, in wch company w compaoie~ u tl» MORTGAGEE n?~y
d~reni ai,d• a11 fin and windstorm inwr~nc~ polic~i oo ~ny of N1d b1111ditgs, ~f1y infffyt tlfQfOin O( Pi11 tMflOl. i~ tl+~ ~~~epN~ wm ~foreaid o+
tn ~xc~ss ther~oF, sAefl con~ain ths ~nual standud mor?yage~ claus~ a such otMr cl~uss ~s tM Mat9s8cs may requu~. makinp tM iou undN said pol}
ues, tach ~nd ~very, p~yabl~ b ~aid AIk7RTGAGEE u itf interest may appsar, and Nch uid ~very such poliq shail b~ promplly sss:9ned ~~d defivered to
any hsld by sa~d MORtGAGEE ~s furthe. ~ecwiry w s~id mor~pap~ dcbt, and, not t~u ~Mn ~en t10) days in advance of the eapUaion of each policy, to dr
I~ver ro said MORTGAGfE a rN+ewal tMrwf, to~etM? with • raceipt for the pr~mivm of :uch renewal; and ~here thall be no f~re a windstwm iniuranc+
pleced on ~Mr of uid buildirgs, sny inte~est therein o~ part ther~pf, unleu io th~ form ~nd with tM Iws payabt~ as ataesaid; and in r1w ~ver~t any wm
of ^a~MY hKOr~s P+Yable und~+ such policy or pol~ties s+id MORTGAGEE ~hsll F?~w ~M opt~on to receive and ~pply ths sams on atcow~~ of ths i~debted~
ness ~scu:ed hsreby o~ b permit said MORTGAGORS to nteiv~ ~nd ut~ h w a~y part thereof for othe~ purposes, without ~hrreb~ waivi~y w~m~~air• ~
ing any equ~ry, lien or right unde~ or by vutw of thq mortgaps; ~nd in tM ~vent pid MORiGAGORS shall !or any reawn fail fo kecp the said p?emises so
insured, o~ i~il b deliver promptly any of said policies ol Insw~nu to said MORTGAGEE, or fail promptly to pay fulty any premium thc~efor w in ~ny
respect fail b pKiwrty discfiupe, execute, effect, comptet~, aomply with and abide by this eovenant, w a~y part I~e~eof, said MORiGAGEE may place and
pay for such iruv~anp or iny part tl+Neof without waivinD w ~ff~ctinp any option, lien, equity, a right ~nda o~ by virtw of lhis Mort9ap~, ~nd the
full amouM of e+ch and ewry tuch payment shall be immediat~ly dw and payabb and shall be~r interest from 1FK date thcreof uo~il paid at tM rat~ oi !
n~ne per ceotum pK aruwm and togatAer wifh such inte~ett ahall bs secvred by il» li~n of this matgspe. ~
4. To mi?, commit p suffe? no wut~, ~
pf+ lmp~'ument or deteriw~tion of said property o~ sny pa.t thereof. !
S. io psy all snd sirgvla? th~ costs, chsrp~s ~nd expenses, Includirg • rtasonabk ~ttwney's fee and cost~ of abstracy of tiNe, incurred o~ p~id ~t
anY time by said MpRiGAGEE, becwse w ie the ~vMt of the failwe on the part of tM s~id MORTGAGOR to d~ly, promptly u~d fully periorm, d~uhuy~,
~:ecure, sffecr, complsre, comply wah and ~b:d~ by each a,nd svery ths stipulstions, agreements cond~tiau, and cownants of uid promissory note and ihi~
morrgage a~y p eithe?, and said costs, cMr9es and e:penses. esch and every, shall b~ immedia~ely due and payable: whe~her or not there be aotice de~
mand, attemp~ ro colkct or wit pend~ngr and ~he full unouM of Nch and every wch payment ahstt bear inferost fiom IM date tMreof umil paid d tl+~
rare of nine per cen~um per an,.um; ~nd alt tsid cos~s, cF»r9~s ~nd expenses incwr~d a p~id. topether w~th such in~erest, sh~ll bs secured by th~ li~n of tha ~
mort9ag~. ,
6. TMt (a) in the event of any brcxh of this Mortg~ or default on t!r psrt of the MORTGAGOR, or (b) in the event asy o! sa~d sums of mo.~sy ~
herein referred to be not promptly and fully psid within thirry (30) d~ys next aite~ the same seve~a~ly become due and payable, withoul demand o~ notice.
or (c) in the event each and every the stipvlations, agreements, cond;tions ind coven+nts of sa;d promiuory note snd th~s mortgape any or eitAer a~e rwl
iuly, promptfy ar?d fvlly pe~formed, d~xhaiged, executed. ~ifected, complet~d, compl~ed with aod abided by, then i~ either w a~y such ewnt tM aid a~
gregate wm menfioned in said promiuay note thet? remsinirg unpaid. with interesl acaued. ~nd all moneys secured hereby. shall become dw and pay~
abie forthwith, o~ thereafte~, al the optan of said MORTGAGfE, as tvlly and completely as if al! of the wid suma of ma~ey were aipinatly stip~rtated
ro be paid on such dsy, anythinp in said promissory eqte or in this Mortgage to the contrary notwithstanding; and thereuFwn u thereaha at the option of
seld MORTGAGEE, w~thout notice or dcma~d, i~it at law a in equity, thcrefore or thercafter beg~n, may be pro~ecuted u if ~tl moneys secured heroby
had matuted prw? to its institution. ~
7. That in the event that at the begiening of or at any time pending any wit upon this Mortgage, or to foreclose it, w to refam it, or to enforp ~
payment of any daims hereunder, s~id MORTGAGEE ihall spply to the Court having jurisd~ctron thereof for the appo~ntment of ~ Raceiver, auch Court shaU
forrhwirh eppoint a receiver of sa±d mor?gaged property ap and singula?, indudmg all •nd sirgular the income, profits, isaues ared revanues from whateve~
source derived, each and every of whKh, it being ~xpreuly understood, is hereby matgaged as if spec'rfically set forth and dewibed in the yr~ntinq and
habendum clavus hereof, ~nd such Receiver shslt h~ve atl the boad ~nd ei(ecrive funcnons and powers in anywise entruated by a tourt tp a Receiv~r, and
wch appoinrment shall be made by such Co~rt as an admitted equity and a matter of absolute right to said MORTGAGEE, u~d wiehout reference to the
adequacy ot inadequaty of the value of the praperty mortyau~d o~ to the wlvency or in:olvency ef said MORiGAGOR a the defendants, snd tMt auch
re~rs, protin, income, issves and revmues shsll be applied by such Rsceiver ~ccwdinp to the lien w equity of said MORiGAGEE snd the pwctice of such 3
ourf.
i
8. To duly, promptly and fully perform, dixharg~, exetute, effecf, eompltfe, comply with and abide by each snd every ihe itipubtions, agrsemcnb, ;
cond~tans snd covenanu in said promissory note and tAa n~orf~aQe ut forth. •
9. 7hat in the event the owncrslup of the mortgsQed ,premises, or ~riy parl the~eof, lkcomes veited in • person o~her than the MORTGAGOR, tM
h10RTGAGEE, iri successon ~nd suigns, msy, w;fFqut notice to tl+e MORIGAOR, desl w~~h s~ch successor or succasor in intereat with re(erence to this
mortgage and Ihe debt her-by secured in the same manner ss with Mwtga9or without in sny way vifiating o? d~x?wrg;rg the Mortgagon' liability herr
under or upon the debt hereby secured. No ~sle of tl+e premius tiereby mortgaged and oo forbearance on the part of the MORiGAGEE or it~ successws
or assigns and no exte~sion of the time fw the payment of the drbt hereby aecured given by the MORTGAGEE or its successas o~ auigns, slwll operete
ro release, dixAarge, modify change w af(ect the aiginal liability of the MORTGAGOR her~in, either ~n whole or in psrt.
10. It is spec;fically agreed that time is of the essence of lhis contr~ct ~~d that no waiver of any obl'gaYwn hereunder a of the obliyaYan se- .
cured hereby shall at any time thereaftet be hetd to be a waiver of th4 terms heraof or of the instrument secured herby.
11. In add~tion to fhe forego:ng monthty payments of princ'pal and interest required by the promissory note secured hereby, mortgagor covenants 1
and agrees to pay to mortgsgee with each monthly payment an add~tional sum estimated by mwtgsgee to be equal to 1/12 of the annual cost of the follow-
irlg:
' A-All real properry taxes kvied p assessed against the above dexribed ~eal estate. '
8-Premiums o~ fire and windstorm insurance as herein reqv~red to be carried on tlx improvements situate on the above desaibed premises.
C-Prem]ums on such mortgage gwranty inswance as mortg~gee shall from t~me to time deem fit to carry on the ban secured hereby.
AM1wtgagee shall from time to time notify mortgagor in writing of the amount due and payable he?eunder and such sum shall thereupon be due and
Fayable he due date of fh next monthly ayment and each successive month thereafter ur.fi! mortgagee shatl not;fy mortgsgp of s thar~ye in such
ar.,ount, sums shafl be lied by mortga ee toward the payment of real property taaes, insurance prem~ums, snd mortgage guaranty insursnce
premiu F
WI f55 W " MORT AGOR has hereuoto set his iwnd and seal the da and :
y yesr first aforesaid_
~9 of: - '
y n ss ` nue r '
,
e ecca . ir zman '`~'n
s~ATE oF NFsW YORK ~ _
~
ss. ;
cou?vnr of
! eelo.e me u, .ed Enanuel Lirtzman $
y and !
~ Re ECCd . Lirtzman his wife, to me well known and known to me to be
me individuab described in and who exewted ths fae~oiny instrumant, and adcnowlcdged before ms tMt tl~ey e:ecuted the same fw the p~rrposes ;
rhe~ein expreued. And the ss~d Rebecca S. Lirtzman ;
w~fe of the ~aid F-ma~nuel L1ItZ~A vpon a ~epsnte end privats '
~ exam~nsYwn by 11~0 tiI[M sep~nte and rpan from her said hvsband, Kicrwwkdged b aod befae me that sfie executed said irotrument frcely and rolun- ~
ra~~ly and wHhout any comp~rlsion, comtraint, apprcheroion, or fear of or from her s~id husb~nd. :
WITNESS my hand ~nd officis! seal t~ day of A. D. i967
Notsry u ic in nd the S f o~'~
FILED AND RECORDED "`P"~
Return Ta ST. LUCIE COUlVTY. FLq,
Pint Federat Savings b tosn Auociafion pfiC~Rn t~~RSFtEO MAX }IEY pT~ R -
OI Fon Vierte. ~OR
fort Pierce. Flwida 1~Q~~~ 110Z~~~ O~~iKi#~M~ ~It
6 ~ V Ilo.
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CLER r'O~TR..S . _ _ - - _
K CtRCUIT COURT - ~ } ~
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