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3. To pl+a ar~d continuo~?sly kNp on the buildinys now a M~eafi~r situ~t~ on iaW I~nd a+d on ~II puiprn~nt and pKSO~?~ty cownd by thN map~
ep~, with ~II pnmiv.:A rMr~ pald in fvll, fue irouru+c~ in th~ usual stu+dard policy foren, ~n a su.n approwd by tM MORTGAGEE, ~nd wind~torm
imwanc~ in tM wwl itandard polity fanb in ~ sum approved by tM MORTGAGEE; in wth ta~any o~ taep~nNa +s tM MORTGAGEE nwy
dind~ and ~II fir~ and w'u~~orm i~uwaea polK~es on any of faid buildin~f My inNtMt tM+fin Ot pNt tF~lOf, M th~ ~e~a ~w+? ~for~saW a
in ueass tMnof, ~MII oont~h~ t!~ vswl staedud matg~e cl~vs~ o~ such o~Mr d+i,s~ as tM Mor?pay~e may nquin, ~nakkq tM bss unda said pdi~
ciN, Nch ~++d ~wry. paY~bl~ ro" sald MORTGAGEE a ib intKest may ~ppM~. and tach and ~wry tucA policy il+~Il b~ pamptly aa:9ned u+d d~liwnd fo
~nr h~ld by wid MORTGAGEE a fwtF~er acu~ity ro iaW mor~pa~ debt. aexl. eot les~ than t~n 110) days i~ +dv+nn of th~ ~xpiration of ~+d~ policy. w dr
liwr q said MORTGAGEE ~ nnewal thawf, topetMr with a rauipt fa tM pemiwn of wch renewdt aod ~hen aMll b~ no fie~ a windstorm Mswa~+a
plaad on a+y of aid bvildinys, ~ny intenst tMrsin ar p+rt tl»reof, ual~ss io th~ form'~nd wirh tM loss payaW~ as aiwKakl~ and tn tM ~vent ~ny wee
of mon~y becon»s p~rabl~ unda wch policy a polici~s s+id MORTCaAGEE ihall haw th~ option ro nceive and ipply tM aarn~ on acooun~ o~ tM lndebted~
npt acw~d Mt~by ot b peimit s~id MORTGAGORS fo rettive a~d ~a~ It q any pa~t the~eof fw othe? pu?posct, wi~hout theaeb/ waiviny a imp~lh
inp any puit~r, li~n or ripht w~der or by virtu~ of tl~is mwtpapet +~d ~n th~ ~vent ~id MORTGAGORS sl+all fo? ~ny nasa+ bil b kesp tM said premisa so
k~wnd, a f~tl b d~livK promptly ~ny of s+id policies of irovnnu w said MORTGAGEE. a fa~l promP~N ~ P+Y fi+?M u?y pn.nium tMrefp a In ~~r
n~p~ct f~il b p~rfam, dischaye. ~x~cva. ~fhct. campl~t~. oomply with uid ab~d~ by this cove~ant, w any p~n Mrwf. uid MORTGAGEE may plae~ and
P+Y for wd~ i~awa~ w any put tMroof witAout w~lvirg or ~ffsctinD u~? aPt~on, IiM. ~4~riH. w ripht w~d~r a by virtw of thi~ Mwfpaat, and tAe
fvll ~mount of ~ad~ and w~ry wd~ paym~nt ~11 b~ 'wewmdi~t~ly dw and p~yabl~ ~nd sl++ll beu inar~st fram tM dat~ tAKeof unlil paid al th~ r~M o)
niM pN untum pK-anrtum and topether with sucA intKest sh~ll b~ sscund by tM li~n of this mortp~.
To p~m~it, oortwr~it at suffer no wut~, impairment or detaiowtan of said propKty or any put therwf,
S. To pay all ~nd sLgulu th~.codts, charp~s u+d ~xpanses, includinp a reasonabl~ ~ttorn~y's fe~ and cos~s of ~bstr~tts of title. incun~d a p~id ~t
~mr tim~ bY said MORTGAGEE, beuvs~ w in tM ~wnt of ihs failun on the p+n of the uid MORTGAGOR to duly, prompty +nd fv11y p~rfam, d~scharyR
execvt~, ~ffscr, co~nplN~, comply with and ~b+de by ~ach and every ths stip~l~tiona, preements„ corxlitio~a, uK! oowe?~nls ot sak! promiuory ~oh u~d thw
maty+p~ ~ny w~it1+K, and said cos?s, chupes snd expe~ses, ead~ and every, shsll b~ immediatey due ~nd pay~bkt whed+~r a not thsr~ be'notici d~
m~ed, ~tNmpt w oollsct or wtt p*+dirgt ud tM fvll uno~nt of each and ew~y wch paymant ~li bear interest from the datt tFwreof until piid ~t tM
rate of oies pe? centum per annum; ~nd alt said cbst~, charyes and expenies incwred w paid, fogethu with wch iMeruL sh+ll be wcured by th~ li~n of this
monp+pe•
6. ih~t W in tM ~wnt of any bcad+ of this Nbrt~ap~ a defauh on ths pa~t of the MORTGAGOR, a(b) in th~ ~vMt uiy of said sums of nwne~
Mrein nhn~d to b~ not promptly and f~lly paid within thirty (30) days nea~ ~fter the same severally become due +nd payabl~, without denwnd w notit~,
w(c~ in th~ ~wqt each and w~ry tl» stipulations, ~yreements, conJitions and ooven~nb of sa~d p~omissory note and tha morl~e any a ~itha are nol
iuly, promptly and fully perfamed, d~sch+rped, ezecuted, eNbcted. completed, complied with aod abided by, then in ei~her or ~ny iuch ~wnt tM said ag
pre~b wm m~atiorwd in said promissay note then remai~inp vnpaid. with interest xuued. and sll moneys secwed herebY. ahill becom~ dw and p~y~
abb forthwith, a tlweahK, at tM option of said MORTGAGEE, ~s fully ~nd completely ~s if •II of the said wms of ma~ar were orpinally stipulated '
to be paid on wd~ dsy. anythioy in ssid promissory eote w in this Mwtg~ge to the contrary notwi~hstanding; and thcreupon or thereaha ~t the option of
~aid MORTGAGEE, wiN+ovt notrce or demand, s~it st law a in puity, thereFore or thereaiter beg~n, may be prosecuted u if ~II ma~eys sewr~d hersby
had m~tuted prqr to ib institution.
7. That in th~ event that at the beginning of or st any time pending aey su~t upon this Mortgage, a to foreclose N, w to reform it, a to enfora
psym~nt of any daims hereunder, aid MORTGAGEE shalt apply to the Co~rt havi~g jurisdrctio~ thereof fw the appo~ntment of a Receirer, svch Couit sl»i)
fortliwith appoint s recciver of said mort9aged property all and sirgulu, includ~ng all and singular the income, profits, issues and rovenves from whatever
wuros derived, each and every of wfiich, it being eapreasty understood, is hereby mortgaged as if specifiully ut fath and described i~ the ~ramirg and
habondum clauses haeof, and such Receiver shall Mve all the broad and effective functions and powers in anywise entrusted br a Court to a Receivei, ~nd
such sppoirortwnt shall be msde by wch Court u an admitted equity and a matta of absolute right to said MORTGAGEE, s~d withovt reference to th~
~dpuacy or inadequ+cy of tM valw of the property moftya9ed o~ to the solvency w insolvency of said MORTGAGOR w the defendann, and that s~ch
rents, profit~ income, issues and revenues shall be applied by such Receiver auord~np to the lien or eqvity of said NIORiGAGEE snd the prsctiu of such
Co~rt. _
8. To duly, pranptly and fvlly perform, dFscharge, ezecute, effect, eomplete, comply with and abide by esch end ewry the stipulatiau, agreemenb,
co~+difioeq and coven~nts in said promisswy note and this mortgsge sef forth.
9. That in tM evem the ownenhip of tl~e mortga9ed premises, w any paH thereof, becomes vested in a pcrwn other thsn the MORTGAGOR, th~
MORTGAGEE, iri suctessors ~~d auigns, may, withoW ~otice to the MORTGAOR; deal with such successor o~ successor in interest with rtference to this
~„o~~yap. and rhe deb~ h.reby sec~,..d in th~ same manner as with Mortgagor withow in a~y way vitiating w discharging the Mort9a9ors' liability Mr~-
undsr w ~pon the debt hereby secured. No ute of the prem7ses he~eby mortgaged and no forbe+rance on the pan ot the MORTGAGEE a iri tuccesson
a auiyro and na extensan oi the time for fhe payment of the acbt hereby sec~red given by the N40RTGAGEE or its svuessors or sssigro, ahal{ operate
ro rsfeas~, dncharpe, modify cM~+ge or affect the original IiabJity of the MORTGAGOR herein, either in whole w in part.
10. It h apecifically ~Qreed that time is of the euence of this contract and th~t no waiver of any oblgaYron hereunder a of ths obligatioe se-
cured I~ebr sMll ~t any time the~eafisr be held to be a waiver of the terms hereof or of the instrument secured herby.
11.
aMs
and agrees to pay with esch monthly p~yment an addi+ionsl sum estimated by mortgagee to be eqval to 1/12 of the a o the follow-
ing:
A-All real property faxes kvied w asxssed agains described real estate.
6-Premiums on fire and wi~dstorm i~uunnce as herein requ:red to the improvements situate on the above described premises.
C-Premiums on such mortgage guaranty insursr gagee shall from tinx to time urry on tMe loan sccured FKreby.
Allwty~gee sh~ll from time ~ mortgagw in writiny of the amount d~e and payabk here~rnder shali thereupon be d~e snd
I pay~bb on the e ns:t monthly payment and each successive month thereafter until mortgsgee shall notify mortg nge in such
a . . , raoce
~ p.a.~;wns. ~
I WITNESS WHERfOF, said AAORTGAGOR ;!hereunto set his haid and ceal the day ~nd year fint afae~aid.
~ Sea in tM.pre~ence o ~
f ~ ~ ~
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n
~f'.~ ~ cs..o
STATE OF FLORIDA ~
COUNiY OF $ t• I. LtC 1@ ~ _
~{p~ ~,p„~y ,P~,~~ Bdward Kozak
Emily A• K02~C~ his wife, to me wefl known and known W me to b~
tM ind'nidwb d~scribed in ~nd who eaavted the fweyoi. ~nstrument, and acknowledyed before me that they saecwed the sarn~ fw tM pwposea
~x?~;n .~,.,~a. ~„d r~+. N;~, fimi~y A. Kozak
w;r. ot ~r,. „~d Edward Kozak ~
upo~ • sep~r~fe ~nd pr'rv~f~ i
~~anin~tio~ bp mt uken wpuat~ and apa.t from her said h~sband. ~cluwwfedged w and befa~ m~ th~t ihe execvted ssid instrumtnt fre~ty and volw~- ~
~uily ~nd w~thart uqr compubion, constraint, ~pprehens~on, or feu of or from her said Fwsband. 1
~ WIINESS my hand and official seal thi: 13th d~Y ~ ~t A. D. 1965
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~
Not,ry Public in and fa th~ t~ ~y~+ ~r Luy~
My Commission ~xpires: - ~ 1 !
R~tvm Ta '
f.a...~ s~~~. a~ n„«:~f~«,FILEO AfJD RECORDED
~ Of Fon P+~rce. ST. WCIE COUHTY. FL~~. ROi~r ?r~UC,:TAT Of FLO~I~A At LA~
Fort Pierce. Flo+ida v:-•• , r r•. MY COAMAISSlON I~c~RES NOV. ~bi, 1g71
~ .'L^~~~~ ~IWW TMNOYyN •R~O r. O~t?f~L1fON1
~ .l ' ~
~ ~
~
~ 'ss ~ur.. i y a~ i ~ : ~ e ~
This inst ~ •:r-~t;
rument prep~red by ;
: ; - `
First Fed fal ~ar. ~ lan Assn. l~~..~?,y ~ Q;
Fort Pierce ' ~ ,
C~ERK CiRCUIT COURT :
~y J. D. Chastain . ~
~173 ~ 412
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