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HomeMy WebLinkAbout0199 J. To pl~c~ and comi~vo~sly k~ep on ~M bu;!d+npi rww or Aero~f~a utu~~~ on s~~d ~~~d and on •It equipmem ~nd perw~,~lly cove~ed by +h~+ ~*+a~9- , p~. w~th ~II prem~vm~ the~con p~~d in futl, lirt intvrant~ ~n th~ usuai stand~rd polity form. i~ a su~n ap~uoved b~ the MORivAGEE. •nd w~~+dstam inswance i~ tM uswl uandard polKy fam, in ~ sum ~ppro.ed by ~Fu MORiGAGEE. in uxA company or ca.+p~n:a at ~?ro A~ORiGAGEE ~y dued; ~nd all fir~ and w~nd~~o~m inwr~nu poliuss on ~ny of sa~d bu~~d~rg~, any iltf~~Ofl tI~QrCin OI pa.~ thc~eot, in IM aygregNt ~um alweia~d a In ~xcau thawf. ~hall contain tM uswl ~tandard matya~e~ cl~ua w~uch otMr clause ai the h~wt9pe~ may requ~.~. ~+?i~q ~he ~oss undc~ s,~d poli- c~, txh ~nd ~very, payab~~ ~o a~d MORTGAGEE ~s ~~s ~~~eres? ~nay ~p~xa~, ~~d each and eve~Y such po!+cy shall be prompUy au gned a~~d detive~ed ~o any held by wid MORTGAGEE as tur~F~ar iecuri~y ro s~~d mor~ya9e debt, and, not I~ss tMn ten (10) d~y~ In adva~xs of ~he eap~rat~on of each poGCy, to dr 4vK to uid MORTGAGEE a renewal thereof, top~~he~ wi?h a rece~pl for 1he p~e~n~um o1 such .enewal; and ~hero ihall tx no f~re o+ winda~am insurance plKed on ~ny o( s~id buildinyf. ~ny intetstl ther~in a parl the~eof. unfeu in Ihe fo~m and wi~h tM loss pay~bk ai •Iwesa~d: and in ~he event any tum of nwn~y becomq p+Yable unda such policy a policws said MORTGAGEE ~hall haw Ih~ opt~on to rete~ve and apply the ~a~ne on accoum o1 the iodabtrd- neu iecu.ed Fweby or ro permit said MQRTGAGORS ro receive u+d us~ it a eny pa~~ the:eof tw •o:ne~ pvrf~osrs. .•.~~ho~t ~h-.~ u~ wa~y~ .o~ ~~~~po~~- ;np ~ny pv;ty, l;en w right unde~ w by virtw of ~his mor:pa9e; +nd in the event uid MORTGAGORS shall Fw any reason fa71 to keep thc sa~d prem~sei so insured, or 1ai1 b deliver promptly ~nY of taid policies of insurance to s~id MORTGAGEE, a fail pramntly to pay fualy any pre~mum therefor w in any respect (ail b~r1am, dixharye, execute, offect, complete, comply with a~d abide by this covenant, w~ny part hrreoi, sald MORTGAGEE may p~ace +~d paY fw such iow~ance w~ny part thereof without waiviny w•ffeclinp ~Mr optio~. lien. equity. w r~ght uRier w by virtue of this Mwtgage. and tF~e full artauM of each and every sutA payment shall be immediately dw ~nd pay~bk ~nd shall bear interes~ from ths date thereof until paid at the rate of nine per certum pa ann~m a~d togethcr with such interest shall be secured by the lie~ of this mwtgaga t. To permit, commit or suffa no waste, impairment a dettraration of said p?ope?ty or any part thereof. 5. To pay all and singul~r the cos», char~et ~nd expensss, including a ressonable attorney i fee and cos~s of abstrscta oi title, incurred w pa~d s~ any ti~ne by said MORTGAGEE, because w in the evero of the fa6lure on ~he part of the said MORiGAGOR to duly, promptty and ~ully perlorm, d~xharge, execute, etfetL complete, comp~y with ~nd ab;de by each anti every the ~tipulat~ons, agreemenrs, conditions, and covenanrs o( aa~d promisso~y note and ~hii monga~e aMr w either, and said costs, charges ~nd expenses, each and every, shall be immediately due and payab:e; whether w not rkere be notice da mand, ~ttempt to collecf or suit pend~ng; and the (ull smount of each and ewery such payment shafl bea~ interest from ~he date thereot unt8 paid at the ~are o! nioe per centum per annum; and all said wsts, ciurges and ezpenus iocurred w paid, together w~th such interesL shall kx secured by ~he I~en of thit morty~pe. 6. That (a) in the event of any brcach of this Mortgage a default on the part of the MORTGAGOR, or (b) in the event s~y of sa:d sums of money herein referred to be nol promptly and fully paid within thirty (30) days next after the same xveratly become due and payable, without demsnd a rw~ice, or (c) in the event eath and eve~y the stipulatiwu, agrecments, conditions and covenanq of sa:d pro~nissory note and th~s mortgage any w ei~her are not ~uly, promptly and fully performed, d~xharged, exauted, eifected, completed, compl~ed with and abided hy, then in e~ther w any such event the sa~d ag gregate sum menYaned in said p~omisswy note then remaining unpa~d, with interest accrued, arid all moneys secured hereby, shail becvme due and pay- able forthwith, a tlxreatte~, at the op~~o~ of said MORTGAGEE, as iully and complefely as if a!I of the said sums of money wc~e or~g~nally st~pulated to be paid on such day, anything in said promiuory note or in this Mwtyage to the contrary norwithstanding; and thereupon w thereaiter at the opuon of said MORTGAGEE, without notece w demand, suit at law or in eqvity, therefore w thereaiter begun, may be p~oxcuted ss if all moneys sctured hereby had maNre~d pnw to its institution: 7, thaf in the event that at the beginning of or ~t any time pending any s~it upon this Mortgage, o~ to foreclox it, or to reform it, or to enforce payment of any claims hereunder, said MORTCaAGEE ahall apply lo the Cou?1 having jurisd:ction thereof tor the appo~ntment of a Receiver, such Court shalf Forthwith appoint a receiver of said mortgaged property all and singula?, includ~ng all and singular the income, proiits, issues and revenues from whatever source ~erived, eath ar+d every of which, it being expressfy understood, is hereby mortgaged as if spetilicalfy sei fo~th and described in the granting and habendum clauses hereof, and such Reteiver shall have sll the broad and effective funtt~ons and powers in a~ywise entrusted by a Cou~t to a Rrceiver, and i~ch appointment ahall be made by wch Court as an admitted equity and a mattN of absolute right to said MORiGAGEE, and without referente to tha edequacy a inadequacy of the value of the property mortgsged w to the sotvency or inso!vency of said MORTGAGOR a the defendants, a~d that such rems, profits, income, iuves arid revenues shall be applied by such Receive~ accwding to the lien w equ7ty of said MORTGAGEE and ~he practice of such Court. - e 8. To duly, promptly and fully perform, diuharge, execute, effect, complcte, comply with and abide by each a~d every the stipulations, agrcements, cwiditions aed covenants ~n said promiuory note and th;s mortgage set forth. 9. That in Me evenT tlx ownership of the mortgaged premises, a any part thereof, becomes vested in s perwn other than the MORTGAGOR, the ~ MORiGAGEE, its successors and suigns, may, without _ notice to the MORTGAOR, deal with such s~ccessw or s~ccessor in interest with reference to this morr9~e and the debl hereby setured in fhe same manner as with AAortgagw wilhout in any way vitiating or discharging the Mortgagors' liabitity' here under or upon the debt hereby secured. Plo sale of the premises hereby mortgaged and no forbearance on the part of the MORTGAGEE o~ its successors r or asagns and no extension of the time for the payment of the dcbt hereby secu~ed given by the MORTGAGE'_ or its successws or au:gns, aiwll operate ro re~ease, d~xharge, modify change or affect the orginal liability of the MORiGAGOR herein, either i~ whole w in part. 10. It is specifically agreed thst time is of the essence of this contract and that ra waiver of any obiiga~~on hereunder a of the obligation se- cured her~by shall at any time thereafter be held to be a waiver of the terms hereoi w of the instrument secured herby. 11_ In addnio~ to the fwego:ng monthly payments of princ'pal and interest required by the promissory~ note secu+ed hereby, mortgagor covenants and agrees to pay to mo:tgagee w~th each monthly payment an addiiional sum estimated 6y mortgagee to be equal to 1 J 12 of the annual cost of the foltw~r- i ng: A-All real property taxrs levied or assessed against the above described real estate. B-Prtmiums oo fire and windstorm insurance as herein requ~red to be carried on the improvemeats situate on the above desc~ibed premises. C-Premiums on such mortgage guaranty insurar~ce as mortgagee shall from time to, time deem fit to carry on the (oan secured hereby. Mortgagee shal! from time to time notify mortgagor in writing of the amount due.and payaole hereundzr and s~ch sum shall thereupon be due and rayable on the due date of the next monthly payment and each successive month thereafter ur,til mortgagee shall notify mortgagor of a change in such a~ou~t_ Such sums sF.afl be applied by mortgagee toward the payment of real property taaes, insurance prem:ums, and mortgage guaranty insurance F ~ p•emiums_ E ~ IN Y~ITNESS YINEREOF, fhe wid MORTGAGOR has hereunto xt his hand and seal the day and year first aforesaid. ; , Sea livered in the presence of: ~ f ~ a~ ~ (Sea~ ~ (Ses~ ~ _ ~Seaq ~ ; STATE OF FLORIDA ~ St . Lucie ~ s ccuNTr oF ~ ~ ~ s~ro?~ ~~~wuy appeared Joseahine Frances Urewicz, a sinc~le adult , ~„d i I~is•wifer. to me well known and known to me to be j ~ rhe individwM deu?ibed in and w}a executed the fwegoing instrument, and acknowledged befwe me that SF~eT executed the same for the purposes f ~ Iherri~ expressed- /b~~l+er~ij ' wME of"rl~s'sstd ypan a~~parat~ aud~iwste y rxan?insi~eerby-n+reske++sepwat~snd~psre-f~v~n-her~eid~eabandrackraNiedged-ts«d~beiere~++e~he*rhs<~sei~iws~nw~ew}keelq~wd-whwr ~ ~ teril~ 1Att w'rMww ~ny-eoeep~lsis~ ~censtrsinh epp~ebawsion- e~Fea~ eF er-f+orn~»r-s~id lwsbawdr ~ WITNESS my hand and official seal this-~l~a ~L~~ day of .7 C IAb T q. p, 19_Zp_ ; t ~ Notsry Pu ' in and for the ate of Ftorids ~t l ryq My Com ' ion expires: ~~e et L~Ot eef~~~ To: u A;~q, 6, 1911 ~ First Feder~l Savi • 3 loan Association " My ~L"~i...i:~i~~1 ~ ~ "9 ,`~~?~un~~?~~~ ~h91oC0~1/~~iW~t/I~I~iI~ , .7r ~ Of Fort P~erce. ,4 ~ ~ . i : ~ ~ . . ~ Fort Pierce. Flwida ~ ~y• ~ ` F lEp D AEC ,~o i;~ . , = s~. ~uc~~ COUNR~~ - ~ : . ~ = ROCEa~CU T . - ~i:'~~~`~~ r-,~:: CLERK C UR1 ~ - ? ;"~~~s%- IlEC01t0 Y~?FtEO This Instrument Prepared By I3r~un _ -~"'~.,~a _ ~ First Federal Savings b Loan Association s~,•' a ~ 23 12 23 PH ;bv;••.;;~': • oQ ~ of Fort Pierce, Floricl:~ ~;'•'~'~'~-t Q ~v' ~ ~ : ~ Checked B ~ ~~'~!~Q ~ ST~~~ Y riuu~tN~t~ , _ 2024 r' r o.y, r 600K ~v~+. PACE ~t7t7 J J ~ - . _ _ . _ - - ~ ~ _ ' . `~j'° ~ . _ ~ _ _v