HomeMy WebLinkAbout1973 3. To place and continuously keep on the bui:dings now or hereaiter ~ituate on sa~d land a~d on all equ~p~nent and personalty cove~ed by this mo~tg•
a~e, wl~h etl premi~ms thereon pa~d in futl, C~e ins~rance ~n the usual standarJ poGcy form, in a wm approved by the MOR~G.>GEE, a~~d windswrm
nwrance in the usual standard pol.ty (orm, in a sum approved by the MORTGAGEE, in such company or cornpanies as ~he A',C2IGAGEE may
J~red; a~d all tire and w~nJstorm insurance pol~cies on any of sa~d ~ild~~gs, any inte~est fherein or part the.eof, in the aggrt•ga~e s~m af~reia~d or
e:ces~ thereof, s~:all coroain the usval standard mortgagee clause or such other clause as ~he Mortgagee may requ~ro, making ~he toss undr~ sa~d po:i-
c~es, each and ever/, payable ro sa~d h10RTGAGEE as ~~s imerest may appear, anJ esch and every such poi~cy shatl be promutty assyned and de~ive~ed ro
any held by sa~d I~IORTGAGEE as fw~her secu~ity ro said mongage debt, and, not Iess than ren {10) days in advance of the expirahon oi each poGty, to de•
~~~e~ to said MpRiG~1GEE a renewal ~hereof, together with a receipl for the premium oi such rene~ol; and ~here snail be no f~re or wl~~de~o~m inwrance
p~aced on any of sa~d buildmgs, any intcrest therein or part thereoi. untess in rhe form and with the loss payabte as atoresa~d; and in the event any sum
ot money becomes payabte undrr such policy or policies said MORTGAGEE shall have the opt~on to receive ~nJ apply the smne on accou~t ot the indabt~d•
ness secured hereby or to permA said MORiCaAGORS fo reteive dncl use it Or any p.rt th•_;cof for o;ne•r purk.otrs, ~:rth~..t tli .v ~~r r•~,p..r-
~ng any equ~ty, lien or right under or t~y v+rtue of this mor'gagc; and in the event sa:d MORTGAGORS shall 4or any reason fail to krzp ~he sa~d premisea so
~nsured, or fail to detiver promptly any of said policies ot insurance to said MORTGAGEE, or foil promp~ly to pay fully any pr~~~:,,,m thrr•~fvr or in a~y
respec~ lail to pe~iorm, d~scharge, eaecute, effect, comptete, compty wirh and abide by rhis covenant, or any pa~t hrreof, s.~:d MGRTG:iGEE may piace a~~o
F»r fa such inwrance or any part thereof w~thout waiving or affeUi~g any option, lien, equlty, or r~gh~ under or by virt~e of ih~s hlertgage, and the
tull amovnt of each and every wch payment shall be immediately d~e and payabfe and shatl bea~ interest fro~n tha data th~reof unri! p„~e! at the ~ate ot
~~.e per cc~wm ptv annu~n and togr~l~v wNh such ;nterost shali i~e sacured by the lien of this mortgage.
4. To permi~, commit w sut(er no waste, impairment a deterioratio~ of sa~d property w any part thereof.
5. To pay a~l and singular the tosts, charges and expenses, incl~ding a reasonable atromey's fee and costs of abstracts of title, inwrr_~d or pa~d at
+^y tirne 6y said MORiGAG:E, bacause or in the event of the ia~lure on the part of ihe said h10RTGAGQR to duly, pro~t~pNy and fuily N~•for~», d~sci,~rge
=~•:v~r, elieU, complE~e, comply w~th and ab:de by each a~d every the stlputanons, agteements, cor.di~ions, ar,d covenanrs oi s~~d pror.~;,sory notE ,~,d ~h~s
• orrgage any or either, and sa:d costs, cha•ges and expenses, each and every, shall be immed~ately due and payabie; wheth_r or not rh•~re be ncr,~~~ d~
~ a~~d, atre~rpt ro colt~t or suit pend:ng; and the full amount of eath and every svch payment sh~li bea: interest from ~he date th_reof u~~til pa~d at ti~e
u{ nme per crnturn ~r an~,u:n; and aIi said costs, charges and expe~ises ~neurred or paid, toy<thar w~eh such ~nterest, shaH be setured by the l~~n of th:~
rt'crtgage.
6. Thaf (a) in the event of any breath of this Mortgage or defauit on ths part of the h10R7GAGOR, or ;b) in the evcnt any oE sa d sums of money
h.~rein referred to be not pro~nptly and f~lly paid withir, th~rty (30! day: next a~TCr ihe beco~ne due and pcyaLle, wlth~~t dc:~~a::d or notue,
_~,c) in the event each and every the snpv:at~ons, agreements, cond~twns a~d covenants of ~sa d pro ~~iswr y uore and th.s mortgagr a~y e. e~t'nrr a~e not
:~,.•:y, promptly and f~lly performed, d.scharged, executed, effected, completed, compiied ~~vith a~d ab~ded Sy, then in e~ther or any such even~ the sa~d ag
,~•c~ate sum mentioned in ~aid promissory note ~hzn remaini~g vnpa~d, w~th interest accrued, and a~i moneys secured hereuy, shalf b~come due and pay-
e forthwrth, or thereafter, at the option of sa~d MORTGAGEf, as fuily and complerely as i} ail of tl,e sald w~ns ef n~,o.,e~ :.cr~ or:g~na.:y st pu:ai~d
~o he paf~ on suth day, anyfhing i? ia:d pro:n~ssory notF or in thls Mortgage to the contrary not+v~thstanding; and th•_rcupon or thc~re+trr at the op~:on o1
s^ :i MORTGAGEE, w+thovl notice or demand, suit a1 taw or in eqvfty, therelcre o~ thcreafter beyun, may be p~osecvted as if a!1 moneys secured hereby
n_d matured pf.or ~o ds institvnon.
7. That in the et•ent that at the beginn~ng of or at any time pending any su~t upon th~s Mortgage, or to foreclcse it, or to reform if, or to enforce
~ aymenl of any daims here~ndet, said h10RTGAGEE sha~! apply to the Court haviny ~~nad,c:ion th,;r~of for thz appo~nnnent of a 2ecrirer, tu:h Covrt sha+!
icrrhwith appoin! a ~eceiver of said mortgaged pronerty all and sing~lar, inciud~ng a:t a~,d s~~~g~'~ar the income, prof~ts, issue3 ar.d rever.ues frc~~ whate~er
s: u~ce de~ived, each a~d every of whkh, it be~ng rapressly undersfood, is F.ereoy mortgaged as if spec~f~caily se~ iorth and descnbad in the g~anru~~ ar.d
h,~.endum clauses hereof, and wch Receiver shali have alt the braad and effecnve fu~c:.o,is an~! powers in anywise emrusted by a Cou~t to a R:c~iver, a:~d
s.;h appointment sha0 be made by such Court as an admitted equ~ty and a matter of absolute r~ght to sa~d Mi~RTGAGEE, and w~:h.:ut reier~nce to the
~deyuacy a inadequacy oi the vaiue of fhe property mortgaged or to the so.vency or ~nsoivency of said MORiGAGQR or the dera•idan:s, and rh~t such
r: ~+s, profifs, ~ncome, issues and reve~ues shall be applied by :vch Reteiver accord~ng to the lien or rq~ity of said MORiGAGEE and +he pract~ce of s~ch
Co~rt.
8. To du:y, promptly and fully perfo~m, d~scha~ge, execute, effect, comp;ere, comply w~th and ablde by each and every the st+pufaf:ons, agreements.
~nd~rion~ a~d covznanis +n sa~d piom;ssory note and rhls morryage set forth.
9. That in the eve~t the ownersh~p of the mortgaged prem~ses, or any part thereof, becomes vested in a person other than the MORTGAGOR, the
:"`RTGAGEE, its wccessors and ass~~ns, may, wiiho~t not~ce to the MORTGAOR, deat wrth such successor o~ sutcessor in interest w~th rcference to tfi~s
_~••gage and the debt hereby secured in the same manne~ as with rdortgagor without in any way vitiating or discharg~ng the hler~gago~s' licbility here-
_~dcr o~ upo~ the de6t he:eby secured. Ne sale of the Fie~~:~ses Irreby mortgaqed ar.d no forbearance on the part oi the I.iO~CTGAGEE or its s~ccessors
c• assigns and no eatenston of the r~me for the payment of the oeb! hereby sec~r~d given by the MORTGAGE~ or ~ts successo~s or ass:gns, ~;~a'1 operate
ro re~ease, dacharge, modify ~hange or affect the orig~nal IiaU.'~:ty of fhs MORSGAGOR here~n, either i~ wFwle or in part.
10. It is sper.f~cally agreed rhat time is of the essence of thls contract a~d that no wa~ver of any ob~:ga+~on hereunder or of the ob:igation se-
c_~~_d hereby shaii at any time therea}rer be held to be a waiver of the terms hereof or of the instr~ment secured 'nerby.
11. Ir. .;;~d!:o~ ~o rhe foregc rnonth!y paym~nts of F;nac~pa~ and interrst required 'by thP p!ont sscry nC'e s;tured h~t~U~, mo~tgj3or tovenants
• i agrres to pay to ~nortgaqec ~1,-h rach ~::onrhly Na~~ ~enr an add:r.onai sum est ~ at~~d b~ mo~tgagee to be equa~ to 1 12 oi a:in~,~! cost of th.~ foi~ow-
A-Alf r~al prop._rty t3xas Ir~~ee' or assessco ag3i•,st the at~ove desa~bed rea( estete
8- Fr~n:,,, ns on fire~ ard w;r.dstor•n ~"surance as he~e%n req~.red ro be carnrd en the .m;;rovemeots s;t~ate on the aboye d_scn~ed premises.
C-Pre~n~u~r s on such m~~:t~ ~ge gua~anty ir.su~ar ce as •no•~gagee shall frer^ t rne to ~~~n<• drem fit b ta+ry on the Iean secured he~eby.
hlortgagee s'~a~! ~~cm r~:ne to time nor~f~ mortgagor ~n wr~t~ng of the amount due ar,d payable he~eundrr and such surn shall th~•rruppn tx d~e and
.;bfe on the c:ue aate of the ne+~i month.y paym~•if and e~[h su.cesvve rr-o•rth rhereaih-r vr.ti! mortgagee shall not~fy mo;tgegox o4 3 chan~e in s~ch
-:,nt. Such sums s~ ?;e appiied by mo~tgager to.vard the payment of rea! property taxes, inwrance prem.~.»s, a~~d morigage gua+anty inwrance
-o-~,iums.
IN YJITNESS '~.H: ~OF. rhe sa" MOR7GAGOR has he.eunto set his ha~:d and seai the day and year first aloresa~d.
_ Signed,'Seated deC ~ of: ~
" ~ ~ In A ~ (Seal)
- - - - ~ - l$eal)
- -T ~ ~ / `M:~ Y l~' ~fe~_`.Y~ fL~ , ~L t tJ y~S'eal)
~#S~eat)
ATE OF f~ORIDA ~
~~UNTY OF St. Lucie ~
~
6efore me pe~sonally appeared Robert CiQOZ~Q ~3[(jZQ~pCki and
- Pdlfleld .J~1'Ie R~rdzewski his wife, to me well known and known to me to be
r
!+~e individuats desai6ed in and who executed the ioregoing instrument, and acknowledged 'oefore me thal they executed the same for the purposes
~he~ein ezpressed. And Ihe sa~d _ Pamela .Jdlt@ Rydzewski •
ti~je of the sa~a Robert Geor4e Rydzewski •`~%~y~' 1 a..and ~vate
c,am~natton by me taken separate and apart from her said husband, acknowledged to and before me that she exlL^ ~Ni~ ,.r~~r~ ~ oluo-
'a~d~ and w~tho~t any compulsion, constraint, apprehens~on, or fear of or from her said husband. ^ C' E'
OCt~B , _-s; ~
WITNESS my hand and ofFic~al seal thls_ _ lli day of~ ' :•`~t: Sb_ jq 7O
r, ~ ,
l.3.~_ ' s.:' '
~ FILEO AND RECORD Nota,Y Pubt;c ~~d r~ d.~~ ;
R~t~~~ To: ST. LUCIE COUNTY. FLA• My Commission ~x,,;~:,:
; 3 ~G.
r ~ • ~ ~ r ~ ~
F irst Federal Savings 3 loan Associallon F. 4] ~ t" _y_r.~ Z-~••~S, ~9~~
Of Fort Prce ~aJ{7 / ~ MY ~~~4.,:'~'~~Y~!'~;;;,~„
~o.M! b NrldJ
Fort Piere. Florida
'70 OCT f 4 AM 10 : 5 q~ -
This Instrument Prepared By J ~~R ~~$n 1
First Federal o
VFort P er~e , Flor~~ RK CIRCUI7 COURT~ =
#
Checked By ~
BOOK r P~;Gf ~~7~ .
~
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~,~~t
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