HomeMy WebLinkAbout1264 ~
: ~ ~
. ~
3. To plan and continuouslY kNP a+ tFN buifd'~rgs now o? i~e+hK siturta on s+id land and on atl eq~ipmem and penon~lly cover~d by this mwt~
+g~, with all pr~miums tl+~eon p+id in futl, fin it~svrana in 1h~ ~iwl standard poticy fwm, in ~ tum approved by the MORTGAGEE, and wirxbtam
inwranc~ io rl» v~wi ~+andard pot~cy fwm, te e~um spp~oved by ~M MORTGAGEE. io wch comWnY a~omP+~~as +s th~ MORTGAGEE m+y
dinctr ai+d all fin and wie~tonn inuxana polici~s o~ +ny of SOid I7Vildin~f, My iNOryt thf~fin Or pi~t fMtlOf, in Ihe s~yreq+q svm afor~s~id or
In ~xc~ss ~herwi. sh+ll cont~in tM ~swl stu+dard morty~p~e cl~us~ a such o~ha cla~s~ as tM Matys~e~ may requir~. m~kinp tM lou unde* s+~d po1F
ci~s, each and every, payabb ro ~aid AI10R1G!?GEE as iq ioterest nn~Y ~ppsar. u~d each uid ~very tuch Po~~tll ~h+~~ be W«^Ptly asi:9ncd u+d delivKed to
~~y Mld by s+id MORTGAGEE as (wther secvrity to s~id mw~y+~ dcbt, +^d, ~01 less th~n ten l10) days in advance of Iht expir~tan of e+ch policy, to d~
liwr 1o said MORTGAGEE a«newal tMrwf, topelM? with a receipt for the premium of wch renewalj end the~e shsll be no f~re a windstwm i~?furu+t~
plaqd on any of s~id bviklinps. any interest tMr~in a p+~t ther~of, unless in the (am and with tM loss payable ss afwes+idt ~ ti?~ ewnt any wm
of money becanss p+yabl~ w+d~r such Pc~icY a Po~K'n s+'d MORTGAGEE shall hsw the option ro reczive and apply 1he sarr~ on acccvo~ of tM ind~bted~ ~
ness sacwed her~by a a permit ~aid MORTGAGORS ro na~iw u+d ~se it w any part thereof fw other purpoaes. wi~hout thereb/ waivi~~g o~ impair•
iny u~y puity. IiM or rigM under or by virtue of fhis mortp+~es +~d 'u? ths weM asid MORTGAGORS thaU for any ?eason fail ro keep tha said pr~m~ses so
inw?ecl, or fail b delivK ptomptly any of said policies of i~~ranq to said MORTGAGEE, y fail promptly to pay fully any premium therefw w i~ sny
respect fail ro pafo~en, dixharge, ezecvte. ~ff~ct, complets. comply wirh u+d sb+ds by this covenan~, w ~ny parf he.eof, ssid AIIORTGAGEE m+y place ~nd
paY fw auch tnw.arw~ or any put tM?eof witho~t wahrinp a aff~ctln~ ~ny optio~, li~n, equity, a righf unde~ a by virtw of this Mo.~9ap~. ~nd fM
full amouot of each and ewry such p+ymeM sh~l1 be invnedi~tely dw a+~d payable ~~d iF?~II • besr interest from tM date the~eof until paid at tiw rat~ ol ~
n~~e pa c~ntum pa anrwm and toye~he~ with wch interest shs!! be secured by tM lisn of this matg+ge• ~
4. To permit, canmit or wffa no wut~, Gnpairme~t w detrriw~tan of said prope?ty or aey p~rt ~he?eo~• '
5. To pay all and sin~vlu tFa cos», chat~cs ~nd ~xPK?ses, indvd~^p a reasor?able sttomey't fee and coits of abstracts of title, incwred a p~id at ~
any time by said MORTGAGEE, beca~rse or in ths ~vent of the failwe on tM paN of the ssid MORTGAGOR to duly. promPtly snd futly pxiwm, d~schary~
execvte. ~ffed. wmpkt~. comply with and abide by ssch and every the stiputations, ag~sements. condiians, and eovenanis of said promissory eote ~nd this
mortgags any or ei~her. and taid costs. ch+r0es and eapenses. each and every, shal) be imrnedi~tely due and payabte: whether or not there. be notice da
martd, attempt ro colkct w wit pendir?g; s~d the full artaunt of eath and every suth payment shall bea? interest from the dats thereof ut~til p~id ~t th~
rate of ni~e per centum per arowm; and ~II said msri, cF~r~es ~nd ezpenses incurred ot paid, togather with svch i~tereit, shall be secursd by the lien of tha
^wr~~y~• ~
6. 11ut (a) in the evant of any breach of this Mwtyap~ w default on the part af the MORTGAGOR, or (b) in the event ~ny of said sums of narKy
he?ein rcfe~red to be not promp~ty and fully paid within thirty (30) days next after the same severatly becon+e due and payable, withovt demand or notice,
w(~ in the event each and every the stipuAtions, sgnements, condltiuns snd cwen~nts of said promisso+y ~ote and th~s mortya9e any w either aro nol
iuly, promptty snd fully perfwmed, d~scharged, exacvted, effected, completed, compl~ed wi~h and abided by, than in either w sny suth ewnt tM s+id aQ~
gregste wm mtnta~ed in said promiuory note thtn remaininy vnpaid, with interest acuued, and all moneys sctured hereby, shall becc:ne due and p~y-
abls fcxthwith, a thereaftr., st the option of said AhORTGAGEE, ss fully ~nd canpletely as if all of tl+e said sums of money Mrcre aigir?ally s~7pulated ~
to be paid on such day, anything in said promiuory note or i~ this MortysQe to the contrary notwithstanding; and thereupon or thereafte~ st the option of
said MORTGAGEE, without ootite or demand, suit at law or in puity, thereforc w thereafter bcgun, may be prosecuted ss if alI moneys setvr~d hereby
had matured prar to its institution.
7. TMt in tM event that at the beginniny of -a a; ~ny tims pending ~ny wit upon this Mwtgage, or to foreclose it, w to refc:m it, w to enforw
payment of any daims hereunder, said MORTGAGEE shall apply to tAe Caxt having jurisd~ction thereof for the eppointment of a Receiver, such Court sMll
fwthwith sppuint s rete~vtr of said mortgsged properfy all iugvlar, includ~ng all and sirgulsr the intome, profits, iuues and rcvemiea frpn wMtevet
wurce derived, each and every of which, it beirg expressty understood, is hereby mwtgaged ~s if specifically set forth and desu~bed in the ~rantinp snd ~
habendum clavses hereof, and such Receiver shall have all the brosd and effective functions and powers in anpwise entrusted by a Cou?t to a Receiver, a~d
:uch appointment shall be made by uxh Co~rt ss an admitted equity and a matte? of abso~ute right to said MORTGAGEE, and without referencs to ths
edequacy or inadeq~acY o~ the vslue of the property mor~gaged or to the whency o~ insolvency of s~id 1NORTGAGOR a the defendann, and that such ~
renrs, p?ofin, incane, iuues and rovenves sh~ll be applied by sucfi Receiver according to the lien w equity of said MORTGAGEE and the pactice of such
Court.
8. To duiy, promptly snd fully perform, discharge, execute, effect, comptete, comply with and abide by each snd every the st3puktio~s agreemenb,
conditio~s and mvenants in said pr«niuory note and this mo~tgsge set fath.
9. That in tha event the ownenhip of the mort9aQed premises, a any part thereof, becanes veseed in a person other than the MORTGAGOR, ths ~
MORTGAGEE, its successo?s and suigns, may, without nor'~ce to Ihe MORTGAOR, deal with such waesw~ w successor in interest wifh rofcrence to this
mortgspe and the debl hereby secured in 1ht ssme manner as with Mortgsgcv without in ~~y way vitiating w distharging tF+e Mwtyagors' lisbility here
under w upon the debt heteby secvred. No sa!e of the premises hereby rnortgaged and no forbearsnce on the part of the N?ORTGAGEE or it~ successors
or auigra and no extension of the time for the p~yment of the debt hereby secured yiven by the MORTGAGEE w in s~cccssors or ass~gns, shall operat~
ro release, discF~arye, modify change or affect the origFnal li~biliy of the MiORTGAGOR herein, either in whole or in pert.
10. tt is spec~fically agreed that Yime is of the cuence of this contnct and that no waiva~ of a~y obl'~gaian hereunder or of tM oblipation se-
cu~ed hereby shsll st any time thereaftor be held to be ~ waiver of the terms hereof a of the instrument secured herby-
11, M add~iron to the fwego:ng rtwnthly payments of princ'pal and intercst rcquired by the promiuory rate secured hereby, mortgsgor eovenanfs
and agrees to pay ro mortgagee with each ma+thly payment a~ additronal sum estimated by mortgagee ro be equal b 1/12 of the annual cost of the follow-
A-All real prope~ty taxes levied o? assessed agairut the above dewiErd real estate.
B-Premivms on fire and windstorm insunnte as herein requ~red to be carried on the improvemerb sitvate on the ~bove desuibed premises.
C-Premivms on such mortgage guaranty insurance as mwtgsgee sFull f~om time to time deem fit fo carry on the loan ~ecured hereby.
Morigagee shall from time to time ratify mortgagw in w?iting of the amount due and paysbk hereunder a~d such wm shall ihereupo~ be due ~nd
payaWe on the due date of the next mo~thly payment and each successive month thereafter vntil mortgsgee shall notify mwtgagor of a change in such
I amouM. Such swns shall be applied by mortgagee toward the psymcnt of real property tazes, ins~rance p?em~wns, and mortgaye guarsnty iawranos
~ premivms.
4 IN WITNE55 VNHEREOF, the ssid MORTGAGOR has hereunto set ha hand and seal the day and yeu first aforesaid.
~ S Seal del' in the presenoe of: • ,
' ~
n
STATE OF fLORIDA ~
ST. UJCIB ~
courin oF
e~f«e ~ ~~o~+iw ~~.~a william J. Zacharda .,,d
Jud~th ~ChdYdd his wife, ro me well known ~nd known to me to M
rhe ind'nidwls described in and who exearted ths faeQarg irutrwnent, and acknowlcdped befora me that tlxy executed the ~arne fw the p~rposes
r~~~m ~ ~ Judith Zacharda •
w~fe ~ ~ t:Ylliam J. Zacharda _ „p,,, , ,~,r,~ P,;,,.h
e:ami~atwn by me tsken scpsnte and ~part hom her s~id Misband, acknowledged b a~d befwe me that she exewted said instrument ~etly and volu~
rarily u~d without any compulsioa, constr~int, spproMinion,p fesr of w from her ssid husband.
WITNESS my hand ~nd official seal this 1~~ d,y oi October a a~9 69
~
~
Not~ry PubP ~n fw tfis S~st~ of ftorid~ ~t lu
My Comrn" an expir~s: ~iCsc'. /~7~ '
Return Ta , '-r • 0~ A~ ~ ~
firat Fedenl O ~fort Pierloan Assotiation ```~*t?~:~1~ ~fl ~l~ji`, - ' ~ ~4R1Dt11510i1 ~PK~ ~
~
n
`~v ~fi~ M~Md b HM ~
~ PK.~, F~«~ :.`~i FIl.ED AND ~ECORDEfl
~ ~'T + ~~CIE C~JU"1TY. F! A.
' ~ - . ~ ~
_ C;' ~ , ~~c~r_r~
t ~ . ~ . . _ . . .
This Instrument Prepared By .:oh» W. Cb~3~q~ lsL~~~
First Federa) Savings E~ loan Association ~ '
of Fort Pierce Floz ids s69 ~ ~ 3 P;
~ 3: 2 y
:~o ' p`,:= . ` / G~
~ r, _ '
Checked By ~ ~:z':~~t'.'' - ~
• - ITP.~S
C:F~UIT LOURT -
BOOK ~~O PACE~rs~ i ~ 1
~ ~
_ ~ ~ l~
_ . _ =