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HomeMy WebLinkAbout1462 . , j j j ' To plau u?d cominuousiy k~ep a+ tF~ build~nys now a M.~afte? ~iniat~ on said land and on ~II puip»~~~ u+d p~.sonally covK~d by tht~ i+wr+~ p~,, with ~II pr~miu~:A t1+Nean p~~d in full, fire iruuranc~ ia tlr ~swl standard poticy fam. ~n ~ swn approwd by tM MORiGAGEE. ~nd windsrorm ie~wanc~ i~ ~M uswl sand~rd pol~cy forrn, tn • wm approvad by 1M MORTGAGEE; in such caep+nY o~ ca^P+nNs a th~ MORTGAGEE en+y dindt and dl iin ~~d wind~arm ieWwano~ poliei~s on aoy of s+id b~ildinps, aey intaK~ thtr~in a put tl?Kwf, in tM pprep~M ~wn aforaaid or N ueaa ~hsrwf, shall contain ~iw usu~l stu~dard aartqs~ clwu a such o~M. d+vs~ a tM MorpapN n+ay requ'ue. nNkinp tM Iws ~ s+id po1i• clN, ~+ch and ~vKY. WYabl~ w ~aid MORTGAGEE a in imKesl m~y ~pp~a~. u~d ~ach u?d tvery wch po~kY ~l++11 b~ pranptiy au:9~d ~+d dNt~~wd to ~ny MW by ~aid MORTGAGEE u iwthK wcv~iry to aid mortp+pe deW. and. not las tha~ t~n (101 days i~? adrance of ~M ~~epir~tan of Nch policy. to dr liva to said N40RiGAGEE s nnewal thenof. topttlwr with ~ rcuipt for tl?~ pnmium oi such ren~wali snd t1+K~ ~hall b~ no fin w windstam inswu~a p~~ p~ ~ny ~f ~id bujWi~. ~ny {n~erat tM~~;e p pa~t tMnof, ~nless in th~ fam'+nd with tM bss paYsbl~ as sfores~idj +nd in ~ht ~vent aey swn of n~oe~y becpn~~ paYabl~ u~ wch polky a policies s+id MORTGAGEE ah+ll Mw tM option to nceiw and apphr tM sanr on aceouM o1 tM ind~bt~d nqs s~cw~d Mnby a a pstmit Nid MORTGAGORS ro ~seeiw and us~ it or ~ny p~rt thereof fw other purposes, wilhout 1F?ereb/ w~ivi~.g o~ impsi~• {rg ~ny pyity. li~n or r'~pht w~de~ or by virtu~ of this mortp+~t +nd in tM ~vent ~aid MORTGAGORS sMll for sny rtawn fail W ke~p tM s+id premiies so te?wred, or fdl b delivN pranptly any of wid poliei~s of insune~s ro said AWRTGAGEE, w fail promptly tb p+y fv~h +^Y P?a^i~m therefw or in any nsp~ct f~il b pKfan4 dischu9e, ucecut~. ~ff~rt. coiry~tt~. oomply with and abid~ by this cow~set. w any p~r1 M?wf. s+id MORTG/?GEE may pl~c~ ~nd WY fw wch Ms~xu+a a any pan tF~eof withovt wdvi~g or afhctinp +e1? oP~~on. ~ity. or ripht undK or by vinw of this Mo~t~+pe. ~ed tM full amount of t~ch and ewrY wch P+Ym~M sh+ll b~ immedideiy dw and p+y+bt~ and sh+ll bear inferest from tM dah tMrwf uMil paid ~1 th~ rat~ of nin~ pa ce~twn pe~ anrwm and to~the~ with sucl+ intaett sMll be s~cu~~d by th~ lia~of this mortpapt. 1. To pamit, oommit or s~ffar no wah, la~p~irment a deteria+tion of said property or an1? p+?t the+eof• S. To p+y all ~nd tirpular the~costi, char~s ~nd ~xpense~, i~cludinp a reasonable attore~eyi fee snd cwb of abstr~cts of titte, incurred w paid at ~ny tim~ by said MORTGAGfE, beuus~ or in tM ~v~nt of ths failvro on the psN of th~ sak! MORiGAGOR ro duh?. prompNY ~+~N P~fwm, d~scha~ execvts, effect, compkte, aomply with and abid~ by ~ach ~nd every th~ tti{wlatiau, ayreemenn. caditiaa, ar+d oovenanri of said promissory noN +nd thp morW+~e any a ~irha. ~nd said coats. cMr~s ~nd ~xpawi. each u~d evsry. shatl be irnmediately due and pay~ble: whethe~ or tMn be eatice e++ mand, ~ttempt to oollsct a ivit p~ndinp; u~d tM full srnovnt of tsch and every s~xh psyment ah~ll bea inter~st f~om tht date tFKreof until p~id ~t the rate of niM per centum per annurty ~nd ~II ssid cdsts, chu~cs +nd expenses intwred q paid. Maethar with such intenst. shall b~ s~cwed by tM IiM of this mort~p~• 6. Th+t j~) in tM ~vMt of u~y brcach of this Mortyape w defsult on the put of the MORTGAGOR, a(b) in th~ svent ~ny of sa~d wm~ of money Ikrein ~efared ro b~ nor prompty snd fuly p~id within thirty (30) d+ys next afte~ the same severally become due and payable. without dem+nd a~otice, or in ih~ ~wep ~ach u~d ~very tFw stipulations„ apr~sm~nri, conditions and oovenants of s~id promissory ~?oM ~nd this mortpape any a either u~ nW ~h. prompNy and fvlly p~rform~d. dixhuped, executed, effened. completed, complied with and abided by, tl+en in either w ~ny s~ch ~vent t!r taid a~ prgst~ wrn me~tia+sd in said ptomissory note then r~mainirg unpaid, with interest acuued. ~nd al! moneys secvred hereby. sh+ll becom~ dw and p~y- •bl~ iwthwith, a thtreaftcr, ~t the option of ssid MORTGAGEE, as fully and completely ~s ii all of the wid sums of mauy were o~iyin+lly sGpul~ted to b~ paid on such day. ~nythin~ in said promissory oote or in this Mortg+gs to the contrary notwithstanding; and tl+ereupon a thcroaher at tM option of said MORTGAGEE, without not~ w demand, suit ai Isa w in pu~ty, therefae w thereaf~a beyun, may be prosec~~ed u if all ma~eys secured hsreby had m~tured ~rot to iri ieatitution. 7. TMt in ths event tMt at tFw beginning of or ~t any time pending ~oy wit upon this Matgsge, w ro foreclos• it, or to ?eform it, o? ro enfwc~ p~yment of ar?y claims he.eu~der, said MORTGAGEE shall ~pply to the Cou:t Mving jurisdiction thereof for the appo~ntment of s Receiver, sucA Court shsll fortliwith appoiM a rec~iver of said mort9aged property all ~nd sin~ular, iexlud~ng aIl u+d singular the income. proiits, iuues a~d revenues fran whatevar wurce derived, esch and every of wli~ch, it beiny ~xpreuly unders~ood, is hereby ma~gaged as if apecifically set forth snd described in the 9rsntirg and hab~+~d~Kn dauses hereof, u~d such Receiver shali have ~II tM brosd ~nd effec~ive funct~ons and powen in ~nyw~se entrwted by a Cou?t to a Receiver, and wd+ sppointmeM shall be msde by wch Court as an sdmitted equity and a m~tter of ~bsolute right ro said AM1.7RTGAGEE, ~nd without reference to the •deqvacy w in+d~quacy of tM wl~re of the property mong~ed or to the sohrency or inwlvency of said MORTGAGOR w the defendanq, and tMt ~uch re~n. profin, income, issues uid revenues sh+ll b~ applied by such Receiver xcordinp to the lien or ~quity of said MORTGAGEE and the practia of wch Court. . . ` • . , 8. fo duly, promptly and fully perform, d'achsrge, execute, effect, complete, comply with and +bide by e cl~ and every the stip~rlations, agreemenn, cond;tions aix! coven~nn i.~ said promissory nofa and this mortgage set fwth. 9. That in tM event the awnenhip of the mortgaped p?emises, or any psn thereof, becomes vested in • penon othe? thsn the MORTGAGOR. th~ MORTGAGEE, Ms succeuors and auiyns, msy, without norice to tFK MORTGAOR, derl with such successor or wccessor in iMerest with refercr?ce ro this mwtp~e and the debt hereby secured in the same manner ss with Mortgsga withovt in a~y way vitiatieg d discharging the Mortyagots' lisbility h~re~ under w upon the debt hereby seturtd. No ssle of the premises hereby mortgsged u+d no fwbearante on the pan of the MORTGAGEE a its succesaors w auigru and no extension of the time fo~ the p~yment of the acbt hereby secured given by the MORTGAGEE w its svcoesson or au~gns, shafl operat~ ro release, discMr~, modify ch+npe o? affect the wiginal liability of the MORIGAGOR her~in, either u~ whok a in part. 10. tt is specifically ~greed ti+at time a of the essence of this contnct and that r+o ws'~ver of any obl'gat~on harevnde~ or of tM obl'g~Yan se- a;r~d hNeby thall ~t aoy time thercafta be held to be a waiver of the terms hereof or of the instrurt~ent secured herby. I1, le~~ ~tion ro the fwego:ng monthly payments of princ'pD~ snd interest required by the {uomiuo eeVrEd hereby, mortgsgor covenants , •nd sgree~ to pay 3~n ee with each monthly payment an add~rional sum estimated by mort p~ e equal to 1/12 of the annual cost of the follow- 7^9= . _ . A-All real property tsxn kvied w asses desuibed teal estate. 8-Premiums on fire and wi ' rancc as herein ' to be tarried o~ 4he improvemenri sifuate on the above destribed prerti~ses. C-Prsm' mortgsge gwranty ins~rance as mortgagee sha ime to time deem fit to csrry o~ the loan secured Sereby. Mwlyagee shall from time to time notify mortgagor in writing of the amount due sbk herevoder and such sum shalt thereupon be due and ~ psyabl~ on the due date of the next monthfy paymem and each successive month theresfter until m aq~e_shall notify mortgagor oi a change in wch i amount. Such sums shall be applied by mortgagee toward the psyment of resl property ta:es, iruvnnce pre~es,~~ mortgage guannty insurance ~ p~cmiums. ~ ` N WITNE55 W , the said MORT6AGaR Ms Ixrevnto set his hand and xal the day and yesr fint sforesaid. ~ and li in fhe' eser+ce of: - - ~ ~ (Ssa~ ~ . _ s~.n n ~ 51ATE OF FLORIDA ~ ~a,,,,n ~ S t. Lu c i e e.ra.. P...«~+~i,?.~...~a ~rank J. l~lzal~~ ~ a Z$1 a 1 i e k i his wife, to me well known and known to me ro b~ th~ Mdivtduab desuibed ie s~d who ~xecuted ti+e fwepoinp irutrwnent, and acknowled~ed before erw tF»t they execvted th~ same fa tM pwposes ~ ~ ~,;d Hazel Alicki ~~~y w~ Frank J. A1 i cki i~ ~~~~h e=am~rutan by rn~ bk~++ s~p+raM and +psn from her sa~d husband, adcnowtedyed eo ~nd befw~ me tMt sFK exscuted said iruvument freely u~d volwr ririly and withovt u{y compulsio~, corurraint, ~ppreh~nsion, g feu of o~ from h~r Nid husbaml. : WRNE55 my hand and officisl seal this « day of i A. D. 19 6~ ~ f ~ Notary Publ' n u~d ip the State of florida N larp~ H?Y ~m ~~~.y. L, /17/ R~tvm Ta ~ru F.d..a~ s.~~. a~o.~+ ~wc;.~~«, kotary PubGc. Slate of Fbrids d ta~0~. - OI fon V.erc~. *•••i~~~~~~~kr ~~Ort?miSSW11 Elc a Auq. b. ~n ~ Fo~t Pie~ce. Flond~ ,-7~' W~M~ b A~'w E~n ~ c+ryy S*r 4, v'~~- ~ RILEO AND REC ~ This instrument prePBred by ST• LUC~ DY ~EO E COUN ~ 6 loan Assa. L- { ; ~ ~ _ ~ T ~.~lA. First federal Sav- ~ ~r ^ ~ of fo~t Pierce ~ ~ ; - " ~ _ _ 16~336 .r, coll~~ ~ 19 ' IS ~ . ' ' . AN 10 . _ _ ~ . ~1;.~,+~~ E ~ ~ i7i Tf~H.S ~ ~1'~ ~i~ERK CIR~IT COURT r~ t , _ ~ , - _ _ . .,rz z ~ ' nF~,_ : ~