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HomeMy WebLinkAbout1190 - To plac~ u+d cauinuou~iY ke~P o~ tM buildirgs now o~ Mr~+fier fitval~ on s~id lae+d and oe all puipment and p~na»Ily cownd by thN n+aq~ p~, witli ~ll p~~mivnA thenon p+id 1n fvil. fin insur~nc~ in tF~ uswl st~ndud policy fom+. ~n • sun? approvtd by tM MORiGAGEE, ~nd windstam inswanu 1n tM ~w+l u~ndud policy torrt~, in a swn ~pproved by tM MORTGAGEE. in such comp~rhr w con?P+niK ~s th~ MORTGAGEE may dincti ~nd ~tl fin and wi~?dswrm iniuwnc~ policies on ~ny of wid buildi~+ps. ~ny intK~st tMr~in a prt th~rwf, in tM apy~p~~~ wm aforaaid a In ~xaas tMrwf, shall cont~in tM uswi standud mortyapN daus~ a sl+ch o~Mr davs~ a tM Mort9+~N n+ay nquin. makinp tM bss vnde~ said po~} cMs. ~~rd •wry. WYabl~ ro s+id MORTGAGEE a ib (ntenst n?•y appeu. a~d each and .w+y wd~ policy ~Mtl b. promP~y .ss:pn.d a~d d.liv.?.d ro ~ny Mld by aid MORTGAGEE a funher ~ecv~ity to aM monys~ d~bt. +nd. not I~ss th~ t~n (10) dayt tn +wanu of th~ ~xpirstion of ~ach pol.icy. to d~ IivK to s+id N10R?GAGEE • nnew+l tMrwf, top~tlwr with a nc~ipt for tM pt~mium of suth ren~walt u~d ther~ sMll M no fK~ or wind~tam le?wana pl~ad on any of sald buildinps. anq interat ti~~in or p~r1 therwf, vnless in tM Mrm'u~d with tM loa p+y+bM as ~fw~saWt +~d in tl+~ ~w~+t ~ey wm of maNy bacan~s paY~bl~ undsr wch po11~Y a Polici~s saW MORTGAGEE ~hall IMw ~M optan ro reaiw and ~pply th~ ~arn~ on acwum o1 tM ind~bted- n~u Ncynd i»r~by a b p~imit t+id MORTGAGORS ro noeiw u+d us~ it ot ~ny put thereof fa other purposes. without thereo~ waivinp a impair- iny ~ny pvity, lie~ or tiyM und~r ot by virtw of this narlpap~s u+~ ~ tM ~wnt s~id A10RTGAGORS sh+ll fw ~ny rtaso~ fail ro ke~p tM ~+id premises w insvnd, a/ail b d~liver p?omptlr u~y of said policies of inwnnn ro satd MORTGAGEE. or fail promptly to p~Y fi+lly ~ny premivm thenfor a io anY rospect fail to pNiom~, d~xhu9e. ~xecu». ~ffect. comPlet~. compy with and ~bid~ by this cov~nan4 or ~ny pan hereof, s+id MORTGAGEE m~y pl~ca +nd WY for such 4awanc~ w any pah tM~eof wi~how wdvinp or aff~ctinp +nY oP~ion. ~Nn. ~4uiry, o? rpht ued~? a by vinw of thii Mort~. and tM ~ fvll ~enouM of sach and ~vKY s~ WY^»^t sh~ll b~ iem~edNt~ly dw u~d payabl~ and shall beu intere~~ hom tM da» therwf vntil paid a~ tl+~ rat~ ol nin~ p~? cN?twn pK ~nrwm ~nd w~Nlnt with sucA interest d+all b~ securod by tM lia~of 1Ms mort9+pe. ~ I. To pKmit, aommit ~r suffa no wast~, imp~irn~ent w dstKiontan of said property or a~y p+r1 therwf. ~ S. To pay all a+d wgular ths ~oosts, ch+rpes +nd ~xpenses. includinp a r~ason+ble sttonMy's fee and ooats of ~bst.acts of titl~. Incurced or p+id at ~ any tim~ by s~id MORTGAGEE, beuus~ or in tM ewnt of the failuro on tM p+rt of tM ssid MORTGAGOR ro duly, promptly snd fully pafam, dixh+rga execute. ~ffep. oompkt~, compN w~th aod abid~ by ~ach and every tM stip~aiwns, apreements, conditions, and aoven~n~s of said promis:ory eoh and tIw -T amr or e'::l~r. and aid costs. charqes a~d ~xpemes, each a~d ~very, sMU M immediately dw ~e~d p~y~ble: whetMr w not tha~ bt norici dr ~ mand, ~»empt to colkct a wFt pendirgs u~d th~ full araoent of each and ew.y such psymem shall be~r interest from the dat~ thereof vntil p~id at the rate of nine p~~ te~tum per ~rww~A; s~d all s~id cbits, charges ~nd expei?~es incuned or p+id. topeth~r wi~h uxh iatenst, shall bt s~cvred by th~ li~n of thw n'°r~pp~' t 0. That W in the event of any bre~ch of thb Mort~spe or def+uM on the p~rt of ths MORTCAGOR, or (b) io the ~ver?t any of wid wms of moeey ~ hevein r~fen~d to b~ no1 promptly ~~d fully p~id within thirty (30) days ~ext afte? tl+e ssme severally become due and ayable. without d~mand a notice. or in th~ ewnt ~ach and every th~ st~l~tioro„ ~greamsats, conditions u+d coven+nts of sa~d pranisso?y no~s and th~s matp+pe sny w ~ither u~ no1 iuly, promptly and fully parfo?med, d~ulyrped, executed, effected. completed, complied with ~nd abided by. thee in either or any iuch event tlr said ap~ pre~af~ wm me~tioned in said eromistory note then remaining unpaid, with interest ~caued, aad all moneys secured hereby. shall berom~ dw and pay~ •ble tonhwitly a thereafte~, st tM option of s+id MORTGAGfE, u fully snd compktely ~s ii all oi the wid svms of moaey were orgioally stipulated to b~ paid on such day, anything in ss+d promiuory note or in this Mortgsge to the contrary notwithstsnding; and thereupon or the~eahs~ at tM op~ton of uid /~IORTGAGEE, without nutics or demand, wit at la~v w io equity, therefwe a thereafter bepun, may be prosecuted ~s if all moneys s~cvnd hereby had m~tWed priw fo it1 i+utitution. 7. TMt in tM event thst at the beginning of o? ~t ~~y time pending sny svit upon thia Mort~spe, o? ro'fwaclose it, w to mfwm It, or to enfwa payma?t of ~ny clsims hereund~r, said MORTGAGEE :hall apply to the Court having jurisd~dion fhtreof fa the a~antmee~t of a Receive?, we~ Couit sMll ~ Fortliwith ~ppoint a receivet of said mortg~yed property all and sinyvlar, includ~n9 all and singulsr the intome, protits. issws ~+d nven~et frOm whitevtr so~ra derived. each ~nd every of whKh, it beirg expreuly undcrstood, is hereby mortgaged as if spec~ficrlly set fwtlt ~ described in thc ~raminp snd ; hebend~m clsusss hsreof~ afld tVCI1 RKtIVN shall have ~II the brosd and effecrive functans and powers in ~nywise entrw by a CouA to a Receiver, and t wch ~ppolntment shall be made by such Court as an ~dmitted equity and a maner of absolute riyht to said MORTGAGEE, and without reference to tM adequscy or in+dequ+ty of the v~lue of the p~bperty mwtg~ged w to the so~vency or insolvency. q,[ aaid .JThC~1QTGAGOR w the dcfendann, and that such ~ renn, profiri, intane, issves and revenues shall be spplied by suth Receive? atcordirg to the lien or equiq of said MORTGAGEE and ths prattice of suth wui t. 8. To duly, promptly and fully perform, dsch~?ge, execute, effect, complete, comply with- ~nd ~bide by each, sod every the stipulations, ~yreemenri, conditaro and oovenama in said promasory not~ snd this mortya~e xt fwth. , 9. That in the event the owne+ship of the mortga9ed premises, or any part tFxreof, becomes vested in s pcrson other than the MORTGAGOR, th~ MORTGAGEE, its succeuors a~+d aui9ns, msy, without notice to the MORTGAOR, deal with such wccessor or succeuor in interest with reference ro this mortyage and the debt hercby secvred in the same manner as w7th Mortgagw without in any way vitiating a discharging tha Mwtgsgors' liabiliry hera under or upon the debt hereby secured. No ssle of the premises hereby mortgsged and no forbearance on ~he p+n of tl+e MORTGAGEE a in successws a+uigra ae+d no extension of the time fw the psymem of the debf hereoy secured given by the AhORTGAGEE or its svccessors or ~ssigns, shall operats ro reMase, dixhar~, modify charqe or affect the oriyinal IiabiGty of the MORTGAGOR herein, either in whole or In put. 10. It is specifiully apreed that time is of the essence of this contract and th~t no waiver of any oblgstion herevnder a of tM obligstion sr cured hereby shall at any time thereafter be heW to be a waiver of the terms hereof w of the instrument secvred herby. 11. In sddition to the forego:ng monthly paymeMs of princ:pDl and interest requiied by the promissory note secvred hereby, mortgagor covenaMs and agrees to pay to mortgsgee with each monthly payment a~ add~tioaal sum est~mated by mortgsgee to be equal to 1/12 of the annual cost of the folbw- irg: A-All real property taxes kvied w assessed against the above described real estate. ~ 8-Premiums on fKe and windstorm insurance as herein req~:red to be carried on the improveiye~ts sitwte on the above desvibed premises. f C-Premiums on svch mwtgage 9wranfy insurance as mortg~gee shalt from time to time deem fit ro carry on the loan secured hereby. j Mortg~gee shsll from time to time notify mort9agw in writing of the arnouM d~e and psysble here~nder and such wm shall thereupon be dve and i payable on tf~e due date of the next monthly psyment and each wccessive month thereafter until mortgagee shall notify mortgago~ of a change in wch j , amount. Such sums shall be applied by mortyagee ~oward. the paymq~t of real p?operty taxes, inwrance prem~ums, and mortgage guaranty insurance ~ premiums. ~ ; IN WITNESS VYHERfiOF,- the ssid MORTGAGOR has Ixreunto set his hand and seal tl+e day snd year first aforssaid. ~ ~ Sgmd, and ed in tt+e presence of: ; - an _ 0 ~ n . ~ ATE OF FLORIDA 1 Lucie } . courmr oF St. ~ . ; 6efon me penonally app~ared Victoz L. biartin and Helen M. biartin~ his wife~ ,od ~ Paul D. Jurkowski and Dorothv G. Jurkowski ~ h;, w~~, ,o r„eii k~ .,,d k~o~, ro,,,e ro b. the Ind'nkJwb desuibed in and who exewted the foreyoiny instrw~ent, and acknowledged before me that they executed ths sams fw tM purpo~es r~,~M ,,;a Helen M. l~iartin ~ wife of the said Victor I,. 14Lartin, nd Doroth~ ~,pon • sepuate snd privsr• ' exsmination by me tsken s~parate and apah from her ssid husband, ~cknowledged to and befae me tMt she executed said ir?strument freely and vdw~ ~ tarily and withovt aryr compulsan, constraint, appreFronian,ior feu of w from her said Fwsband. , WITNESS my haod and official seal this day of A. D. 19 68 t ~ ; ~ Notary P ~c in and fw the qte of F{orida at larpe My asion eapires: 6 7/ Rehrm Ta ~ ~ m First F~de~sl Savinps 3 loso AuociaYwn Np{a~K, State of Fbrida ~ Of Fort P~erce. I~~~,t~~~f ~~~e Mr ~~f~• ~ Fort Pierce, florida •~3~~'•~~ic. ~~~~~"`-`"C- - .r . ~ ~ ~ ~ o ~ m Z. . ~ : ~ • ~ ~ ~ :7 0 Z • ~ f ~ ~ This instrument prepared by _ D~ '3 ° . ~ o <o ° ~ First Federal Sav. & Loan Assn. i~ - ~ ~'`a ~;~M: + . ~ ~ ~ ~ ~ ~i z ~ . - of Fort ce . ~ ~ :4 ~'_~d.~.` ° n = -~c o ~ ~ gy ~ , ~ _ ; - . ~ ~n~ ~~m ; . . ~ D O 1~ ~~~6 ~ . , ~ _ ~ - ~ _ - _ _ - - - - - - ~z ~ - Y. " ,~.'s,