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3. To place and contin~ouniy ksep on the buitdin~s now o~ heroaftN ~itush on iaid tand aRd on all equ~pmem and pe.ionally covered by this mort~ ~
ap~, with ~II premiums therew~ ps~d in tutl, fire insuranca in the uiua! srandard pol;cy form, in a sum approved by the MORiGAGEE, and windstam ~
insvru~ce in the vsual ~~anda.d policy fam, in a sum approved by ~he MORTGAGEE, in tuch company or compan+es as the MORTGAGEE may
d'uectt u~d ~II tire and w~ndsto~rn insurance policies on a~y of ssid build~ngs, any interesr therain or part the~eof, in the aggregaTe s~m aiorei+id or
in excess thereof, ihaN co~tain the usual itandard mortgaga~ clause w sucn 8in2i Cie~"sa as t::c ~:~:t;;a~e.- :-~,.•:re, mak~rq ths ?ou vnder sa~d polF `
tits, each and eve~y, p+yabte w ssid MORTGAGEE as iti intere~t may ~ppear, and each and every auch pol~cy shall be prompNy au.gned a~d dalivered to
u~y heW by said MORfGAGEE as iurther securiry to taid mortyaye debt, and, no1 Icu than ten (10) days in advance of the expiratio~ of each policy, to dr
live? to wid MORTGAGEE a renewal thtreof, tofle~hM with a receipt fot the premium of such renewal; and the~e shall be no fire or windslorm irtsur~~ce '
pl+ted on any of said buildings, any intereil therein or pari thereof, u~leu tn the form and with fhe lou payable a~ aforesaid; and in the evMt any
of money becomea payable under such pofiq a policies wid MORTGAGEE s4a11 have the opt~or? to ~eceive and apply the wme on account ot the indebted~
oes3 secured hereby Or f0 petmit said MORTGAGORS to ~eceive and us! it p any pa~t thereof ter other purposes, wi~hout thar¢b~ waivin~ or 'unpair-
lnp any equity, lien w right ~nder or by virfue of this mo:rgage; and in IMe event sald MORTGAGOR$ shall iw any reaso~ fail to kcep the said premises so
insured, ot fail to delivet promptty ~ny of said politiea of insurance to ssid MORTGAGEE, or fail promptly to pay futly an;. pre~ni~m therefor w in any
r~spect fail to pe~foren, discharge, exau~e, effecl, comptete, camply with ~nd abide by th7s cove~an~, or any pan he?eof, said MORTGAGEE may place and f
pay for sexh Fnsurante w any p~rt thereof without w~ivin9 w affectirg any option, lien, equ~ty, or rigM unde~ or by virtue of this Mwfgage, +nd the {
full ~mount of esch and evsry such payment shall be immediately dw and payable snd shall bear interesf from 1he date thereoF until paid at the rate o! ~
nine per ce~tum per annum and to~crher wirh ~uch inrerest sha11 be secured by the liee+ of this matgage.
1. To permit, cprw?ait a suffa no wasle, impairmeM p deterioration of said property or any pa?t thereof.
S. To pay all snd singula~ the tosts, charge~ and expenses, includir~g a reasonable attwney's fre and msti of abst~acts of titie, incurred or paid at
any time by said MORiGAGEE, beca~rse or in the event of the failure on the parf of the said MORTGAGOR to dufy, Qe_~^ and fully pe~form, discFwrge, ~
•xecuts, effect, complete, comply with and ab;de by each snd every the stipula~ions, agreements, conditions, and covenants oi said promissory note and thw ;
mortyage any or either, and aaid costs, charges and expenses, each and every, sMll be immediately dve and payabte; whether w not there be norice do-
mand, attemp~ to mllect or suit pend~ng; and the fuil amount of each and every such payment shall bea?-interest from ~he date thtreof until paid a!
rate o? nine per centum per annum; and all said costs, charges and expenses incurred or paid, Iogether w~th such interest, shatl Ix seslree! by the lien of this
rtwrtysge. ~
Q That (s) in the evenf of any breacfi of 16is Mortgage w defaulf on fhe part of the MORiGAGOR, or (b) ;n the event any of sa~d sums of money ~
herein roftrred to be not promptly and fuly paid within thirty (30) days nex~ aftzr the same severatly become due and payable, without demand or notice,
a(~i in the event each and every the stipulations, agreemenis, conditions and covensnts of sa~d premiuory note and th~s morfgage any or eitRer are no! f
~uly, promptly and fully performed, d~uharged, executed, sffected, tompleted, compl~ed with and ab+ded Sy, then in either or any such event ths aid sg j
gregate sum mentioned in said promissory note then remaiRing unpaid, with i~terest actrued, and all rtwneys secured hereby, shall betwne due and pay~
abla fwthwith, or thereafter, at the option of said MORTGAGEE, as fully and completely as i( all of ~he said sums of money were orginally st~pulated ~
to be paid on such day, anylhirg in said prom~ssory note or in this 1Nortgage to the contrary notwithstanding; and ~hereupw~ or lhereaiter at the option ef !
said MORTGAGEE, without notice w dema~d, suit at Isw w in eq~ity, tixrefwe or the~eafter begun, may be prosecuted as if all moneya secured hereby '
had matured pr+or ro its imtituliort.
7. Tbat in the eve~t that at the beginning of or at any time pendirg sny wit upon this Mortgage, or to fweclose i?, a to refwm it, or fo enfwce
payment of a~y claims hereunder, said MORTGAGEE shall apply to the Court having jurisdiction thereof fw the appointment of a Rtceiver, svch Court sMll
fwthwith appoint a receiver of said mortgaged pioperfy all and singular, includ~ng all and singular the income, profifs, iuues and revenues lrom whate~rer
source derived, each and every of wh~ch, i~ being expreuly understood, is hereby mortgaged as if specifically set fwth and described in the grantir?g and
hsbendum clauses hereof, and such Receiver shall have atl the broad and effecrive functans and powen in anywise enfnnted by a Court to a Receiver, and
such appointment shall be made by such Court as an admitted equity snd a matter of absolute right to said INORTGAGEE, and wi~hout reference to the
adequacy w inadequacy of the valve of the property mortgaged or to the wlvency w insolvency o( said NIORiGAGOR or fhe deFendants, and that s~ch
rents, profits, income, issues and ~evmues shall bs applied by such Receiver according to the lien or equity of said MORTGAGEE and the practice of such
CouA.
8. To duty, promptly and fully pe?form, d~xharge, execute, effect, complete, comply w~rh and abide by cach and every she stipulations, sgreements,
coadi~iom .~nd _covenants in said promissory ~ore arxl this mo~tgage ut forll~.
9. That in the event the ownenhip of the mwtgaged pr~mises, Qr any part thereof, 6ecomes vestcd in a penon other than the MORTGAGOR, ihe
MORTGAGEE, its successors and assigns, may, without natice ta the MORTGAOR, deST with =och - successa oa successor in interest with reference to this
mort9age and tF~e debt hereby secu~ed io the same manner as with Morrgagor w;thout in any way vitiating or disc7wrgtntJ-the Morigagoss: liabili~y hcrr s
under a upon ~he debt hereby secured. No sale of the premises hereby mortgaged and no forbearaoce on the part of ~he MORTGAGEE or ita successors
a assigns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGE'_ or its succeuon or auigns, s1wll ope~ate ~
to release, discharge, modify change or affecf tFro original liability of the AM1ORTGAGOR herein, either in whole or in part.
10. It is specifically agreed that time ia of the essence of this contract and that no waiver of any obtigat~on hereunder or of the obligaYan sr
cured hereby shall at any time thereafter be held to be a waiver of the terms hereof or of tF~e instrument secured herby.
11. In a~d:tion to the forego:ng month!y paymenis of princ"pal and interest required by the promissory note securcd he~eby, mortgagor covenants
' and agrees to pay to mortgagee with each monthly payment an add~rional sum est~mated by mortgagee to be eq~al to 1 j 12 of the annual cost of the iotlow-
'ng:
A-All real property taaes levied w assessed against the above described real estate. '
B-Premiums on fire and windstorm insurance as herein requ~red to be carried on the improveme~ts situate o~ the above desc•ibed premises.
C-Premivms on such mongage guaranty insurarce as mwtgagee sha{I from t;me to time deem fit to carry on the loan secured hereby.
Nlortgagee shatl from time to time notify mortgagor in writing of the amount due and payable hereunder and such sum shall thereupon be due and
payabte on tF~e due date of the next monthly payment and each successive month thereafter until mortgagee shall nolifp ~±~+:t~a,n~w of a change in such
amount. Such sums shall be applied by mortgagee toward the payment of real property taxes, insurance prem;ums, and mortgage guaronty insurance
p?emiums.
IM WRNESS W REOF th said RTGAGOR has hereunro set his hand and seal fhe day and year fir t aforesaid.
' ned. Sea! n det ~ presence of: s~~~
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STATE Of FLORIDA ~L ° ~ '
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couwrrof S'r. wcIE ~ _ . '.;`'.-j:
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Before me penonatly sppeared Thomas J. Beranek, a/k/a Thomas Beranek= o'
iA~----T-;.r~d :
Grace pnn Beranek his wife, to me well k~ ana-k,~»~r, '3?K jo
the individuals desvibed in and who executed the foregarg instrument, and sckrwwledged befo~e me that they executed tfKiiqrne for~ p~1F~~'
Grace Ann Beranek
therein expre:sed. And tFx said - : • ,
_ . ~~--~-r-
wife of the ~;a Thomas J. Beranek~ a/k/a Tho~as Be~anek ~,po;;~w,'~~~ra
examinatio~ by me taken xparate and apart from her ssid Fwsband, adcnowledged to and before me that the executed said imtnrmerif'itr~ely'Lrid volurt~
tarily and wethout any compulsion, constraint, apprehem~i°
or fesr of or from he? saed husband.
WITNESS my hand and official seal this_?'"- day of Mar 11 q, D. 19
Notary u 1"K~in and for the $tate of ftosida at larye
My Commiuion expires:
Return To: . ;
Ftrst Federal Savings 3 Loan Assotiation ;
Of fort P~er~e. i
I~Ji~; :Y t'L~'i.i:, Si'AiE OF FLOlUOA ~ f
Fort Pierce. Fiw~da MY COt~AdISS10N EXPIRES NOK ~ j~Z
WNDED THROUGN s-RED N'. D~FVT[LMORr.
FILEO AND RECORDED
cT• ~-~CfE rpUNTY. FLA.
This Instrument Prepared By J. D. Chastain ^
First Federal Savings b loan Association " =
of Fort Pierce , Floriaa ~9~~pg
Checked By~- 'I ~ f='~? 9 Pf~l 2: 3 g
~~e
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~ ~ R 1~J PtiGE~~~~ r CL~~~ ~;;?i Ur ~,COURT
BOOK
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