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HomeMy WebLinkAbout1341 . c .,.~L ! • > ii , ~ ' . 3. 1o plac~ and cor~~inuo~,sy kesp on tF» buildi~?ys rww w F~re+h~r siwat~ a+ said land and oe? +II equipment ~nd peiwnally covaed by this mortp~ ~y~, with all premiums therson pa~d in full, fire i~sunnc~ in tF+~ u~wl uardard policy fam, in + ium approved by the MORTGAGEE, and winditorm ; insw+nc~ in tM ~sual u+ndard policy form, in a sum ap{xoved by ~M MORTGAGEE, in s~ch comp+ny or companies as ~he MORTGAGEE m~y ~ directj ~nd all fir~ and windstwm inwra~+a policiss on ~ny of s~id bwld;nps. ~ny inter~si therein o~ p+~t tl+ereoi, in the a99reyste wm doresaid or In ~xcess thereof, sMll ca+tain the ~swl sf~~+dard mort9s~ clsu~ w ivch otAe~ clavs~ u tM Matpage~ may requ~r~. makinp the loss u~de~ uid poli~ cie~. each ~nd every. parable ro said MORTGAGEE as ib in~erest may appear. ~nd each and every such policy shall be promptly ~u:gned and delivered ~o any heW by iaid MORTGAGEE u further securiry to said ~norty~sg~ debt, and, not ku tMn ten (101 days in advance of the •xpiratiar of each polity, to d~- I~ver ro said AhORTGAGEE ~ ~enewal thereof, topether with a ~ece~pt fa the premivm of suth renewal; and ~here shall be no fire or windstorm insur~nce pl~oed on ~~y of said buildi~ys, any interest the:ein w pul thertof, ~nless in the form and wilh the lou payable as afwesaids +~+d in 1F+~ event any sum of mo~ey betomes paysbl~ u~da such policy or policies said MORTGAGEE shall haw ths option to ~eceive and apply ths same on accoun? of the indebted- neu teturtd FN~lby or M permit isid MORTGAGORS to reteiva ~nd uf~ it Or any part thereof fw othc~ purposes, wilhout thsreb/ waiving ot ~mpair ing any aqu;ry, lien or ri9ht u~de~ a by virtw of this moztyaye; u+d in tM event said MORTGAGORS shal{ fa any reason fail to keep the ssid premise~ so inswed, a fail to deliver promptly ~nY of said polities of i~surance to said MORTGAGEE, w fail promptly to pay fu~ty a~y premium therefw p in sny respect fail b paiorm, d~uhar9e, execu~e, effect, complete, comply with u?d abids by this covenant, w any par~ he~eof, said MORTGAGEE may pl~ce +nd paY for such inwrance or any ps~t thereof without waivinp or affectinQ any optwn. lien. equity. a right unde~ or by virtw of this Matyay~. and the fuN smouM of tech and every wch payment shall bs immediately dus and payable ~~d shsll be~r interest irom ths date thereo( until paid at th~ ~ate ol nine per ceotum pe~ annum and together with such interest shall be secured by the lieo of th7s mortgage. To p~?mlt, tommit or suffer no wssts, impairmeM or deter'aration af wid property o~ any paN thereof. S. To pey sll and singulu tF~e costs, charges and expenses, including + reasonable attwney i fee and costs of abstrads of tiNe, incurred w paid st any time by wid MORTGAGEE, becavse or in the event of the failure on the part of the said MORTGAGOR to duly, promptly and fully perform, d~uharge, sxecute, effett, tanpkt~, comply w~th and ab~de by eath and every the stipulations, agree~~enri, conditions, and rnvenants of said promiuory note ~nd this mortgaqe any or ei~tur, and wid costs, chargq a~d expeoxi, each and every, sMll be immediately dw and payable; wF?e~he~ w ~ot M+ere be notke d~ mand, ~ttempt to collect w suit pe~ding; ~r+d the full amouM of tach and evsry such paymeM shatl bear interest from Ihe date therctf until psid at the rare of nine per centum pe? annum; and all said costs, chsrges and expenus incurred or paid, togeiher w~th such interest, shall bs secured by tM lien oi thu mortpape. b. Th+t (a) in the event of any breach of this Matgage w default on the part of the MORTGAGOR, a(b) in the event any of sa~d sums of money herein referred fo be not promptly and fully pa3d within thi.ty (303 days nex~ afte~ the same seve?ally become due and payable, wi~hout demand o? notice, or (c) in the event each and every the stipulations, sgreemenb, conditions and covenants of sa~d promiuory note and th~s mortgage a~y or eitFxr are not iuly, promptly and fully performed, d;scharged. executed. eftected. complcted, complicd with and ab~ded Sy, then in e~thcr w any such event the s+id a~ gregate wm mentaned in said promissay note then remaining ~npaid, witd iNerest accrued, and all moneys secured hereby, shall become due and pay- eble futhwith, or thereafter, ~t the option of said MORTGAGEE, as fully and completely as if all of the uid sums of money were wigi~ally st~pulated to be paid on suth day, anything in said promissory note or in this Morfgage to the contrary notwithstanding; and thereupon or thereaiter at the option of said MORTGAGEE, without norice w demand, suit at law or in equity, tlxrefwe or thereafter begun, may be prosecWed ss if all mooeys secured hereby had maWred prar to its institution. 7. That in the event tF~af at the be9inning of or at sny time pending s~y suit upon this Mortgage, w to foreclox it, o? to reform it, w fo enfwce payrrKM of any claims hereunder, said MORTGAGEE shall a~aly to the Cour~ having jurisdrc~ion thereof fw the appo~ntment of a Receiver, such Court shall forthwith appoint a receiver of said mwtgaged proQerty all ar?d singular, intlud~ng all and singular the inmme, p~ofits, issues and revenues from whatevtr source derived, each and every of whKh, it being expressly understood, is hereby mortgaged as if specifically set fwth and desuibed in the granting and habendum clavses hereof, and such Receiver shall have ~II ~he broad and ef(ective funct~ons and poweri in anyw~se entrusted by a Court to a Receiver, and such appointment shall be made by such Court as an admitted equity a~d a matter of absolute right to said MORTGAGEE, and without reference to ths adequacy or inadequacy of the v~lue of the property matgaged or to the sotvency or insolverxy of said MORTGAGOR or the defendants, and that such renrs, profiri, income, iuues an~ revenues shall be applied by such Receiver accord~ng to the lien w equity of iaid MORTGAGEE and the practice of such Court. 8. To d~ly, pramptly and fully pe?form, discharge, execute, effect, complete, comply with snd sbide by ~ach arxl every the stipulaians, agreertKnts. conditans and rnvenants in said promissory note and this morigage set forth. 9. That in tF~e event the owne?ship of the mortgaged premixs, w any part thereof, becomes vested in a person othe? than the MORTGAGOR, fhe MORTGAGEE, its successws and auigns, may, without notice to the MORTGAOR, deal with such succeuor w successor in interest with reference to this mortgage and the debt hcreby secured in the same manner as with Mortgaga without in any way vit+ating w distharging the Mortgagors' liability he~t under or upon the debt hereby secured. No wle of the premises hereby mwtgaged and no fwbeara~ce on the part of the MORTGAGEE or its successors ~ or a:signs and no extension of the time for t1~e payment of the debt hereby secured given by the MORTGAGE'_ or its sutcessors or sssigns, shall operate ro release, discharge, rtadify thange or bffect the wiginal liability of the MORTGAGOR herein, eitFKr in whole w in part, i 10. It is sFecifically agreed rh~t time is of tF» eas~nc~ of this contract and that rto waiver of sny obligat~on hereunder or of the obI'gation se- cured hereby shall at any time thereafter be held ro be a waiver of the ferms hereof or of the instrumeM secured herby. 11. In add~tio~ to the fwego:ng monthly payments of print'pal and interest required by the promissory ~ote secured hereby, mort9agor covenants and agrees to pay to mortgagee with each monthly payment an add~rional sum estimated by mortgagee to be equal to 1/ 12 of the annual cost of the follow- ing: A-All real property tsxes levied a assessed against the above described real estate. B-Premiums on fire and windstorm insurartce as herein requ~red to be carried on the improveme~ts situate on the above dascribed premises. ~ C-Premiums on such mortgage guaranty insurance as mwtgagee shall from time to time deem fit to carry on the loan secured hereby. Mortgagee shail from t~me to time no~ify mortgagor in writing of the amount due and payable hereu~der and such sum shall thereupon be due end payable on the due date of the next monthly payment and each successive momh thereafter ur.til mortgagee shall nut~fy mortgagor of a change i~ such ~ amounl. Suth sums shali be applied by mortgagee toward the payment of real property taxes, insurance p~em:ums, and mortgage guaranty insurance ~ premiums. ~ IN WITNE55 WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year first sforesaid. °f` FILED AND RECORDEO ~ ST. lUC1E COUNTY. FL op .4 ; F.E:COFF= t'E:i!F!~?D ~~q ? ~ ~ i'79930 ~ . n ~u . ~ STATE OF~1 NE~a ~RK '69 JU3J 27 FM'1 ' I~ ~ 5~.~~~~ ~ ~ ~ _ ~ : ~o~~ ~ Before me rsonalty appeared Emil A. ICO ~a r'17i7R:+S ? ~ ~ Helene H. Kopeizna C~-E his wife, to me well known and known to me to be ~ the individwls described in and wFw executed the foreyoirg instrument, ~nd acknowtedged before me that they executed the same for the purpoxs therein exa~sxd. n~d ~he s~~~ Helene H. K ope jzna ~ Emil A. Ko e zna wife of the ssid p J upon a sepuate ~nd privat~ ~ examinatan by me Jaken separate and apart from her said husband, acknowledged ro snd before me that she executed said ir+strument freely and volurr 's rarily and w~thout ~ny compulsiw~, constraint, ~ppreher~ion, w feu of w from Ixr said husband. ; s ~ E my ha a o ficia sea t ay o • ' FILED AND RECOROE ~ ~ Notary P ic in nd fw the State of ~O~QQ~iQC YEk' Y~RK ti _.T. LUCIE COUNTY, FLA. My Comm an e• es: ~ Ret~m Ta , w ~.7~~~! ~ n ~~s t~ ~ - ~ : ~ Fint Federal Savingi 3 loan Association ,q _ _ / NO~~I1~Y )ll~ll o/ Nw .•j ~ Of Fort P~erce. ~-/ffj~~ G!/r N0. ~ Y~.>~• ~ ~ Fort Pierce. Florids ~69 Lf}~" ' 6 W'~ (0 • 5( • E~~ ^!~J~b'~ ls• ~ . ,p : ~ ~ (,V {ti,p,.,o IA~c~ ~o.tt~ ak~ ~ •'t Z 'Y. ~ ~ ~ e. - , ` This Insirument Prepared~ yFrR~K ` ' ~ ~ ~ 6 ~ ~ ~ ~ . ~ • _ . ; , j ~ _t First Federa{ Savings 8~ Loan A3~tAt10nCIRCU R p~ ' d? s.•'' of Fort Pierce - ' • Y~~~~`-, ~ ` ROSEtIT WEBSTFR OLIYER ~ ~ .1. Chastain NON~AAT ?U9LIC, Sta~ of New Tork ~ Checked By 52 2555913 - Su.(o1k Co~n}y ~ O~QK~~ ~ ~1 Cor*mission Eapires 1.larc~ 1971 ~ ~ . , ~ BooK~78 ~~E1340 , _ . . ~ _ _ , _ _ _ ~ *~•c ~ ~ : ° - - . ~ ~ =i ~"~~_5~~-~~,~s_~~ .