HomeMy WebLinkAbout1543 To plete and conl~nvou~ly keep o~ th~ bui'.d~nyf now or hereafta fitusle on ~a~d land ~nd o~ all equ~pmenl •nd pe~~or~ally covered by ~hi~ mor~Q~
p~, w~th •11 prem~ums Ihereoe pa~d m lull, fire infurant• in the utwl •tanda~d po!ity form, in a wm •~.p~uved by ~hr MuR~GAGEE, and w~ndsto~m
inwr~oce in ths uswl ~tanda~d pol~ty fwm, ie • ~um approvsd by ~he MORTGAGEf, in ~u;h tompa~~y or tompa~ues as ~he 61pRiGAGEE may
dMKlj ~nd aU (ir• and wincl~to~m insu~ann polic~ea on •ny ol •a~d twild:nya. ~ny intaro?t ~Aerein or par~ thnrc.~l, in the sgyreQs~e iwn ~fa~iaid w
in txce?s ~Ae~eof, sMll conu~n th~ uiw~ il~nda~d mor~gaflN deus~ or su<h o~ha d~u~e as Ihe Mwtyayee may ~equ~~e, m~Ainy ~Iw {o~s under ~r~d polF
ti~~, e+ch ~nd eve~y, p~yabl~ to s~id MORTGAGEE as ~~t ~roerest may ~ppear, ~nd each a~xl every ~~h po~~cy ~hall lx pranpNy •sa gned •nd de~~vered to
My l+eld by said MORlGAGEE ~s (u~the~ ~ecunty to ~aid mwtyay~ drbt, u~d, no1 le?~ than len 1101 days in advance of t1~e expiiateon ot each policy, 1o dr
IirK to s~id MORiGAGEE a~enew~l Ihe~eof, to9NM~ with • rece~pl fo~ Ihe premwm of iuch renewa~; and ~hero ahall be ew I~ra or w~~~dsio~~n in~urance
p~K~t! on any o) s~id buiidi~pi, ~ny intertst there~n a part ~hercoi, unlcss in the form snd wdh the losf pay~ble a• ato.esaid; a~d in ~I~r event any sum
of mon~y be~pm~s puyabt~ ~~r such policy p pol~cies taid MORiGAGEf ~hall have the opt~on to rece:ve a~~d eppty ihr san~a on acco~m ol ths i~xlebted~
M1! ~KV~~ ANt~Y a ro pc~m~r s~~d MORiGAGORS t0 fKliY! and Ui~ It Of dny pA~l thNCO~ lo~ Ofhcr pur!~of~•S. ~v~tl~vul IFIJI~J( 'dr..lvly Jr unPan-
inp ~ny puity, li~r? p ryhl under or by virtue of t~i~ mor'page; ~nd in the evem ss d MORTGAGORS shall tw a~y reaso~ fsil lo kcep t1~e saiJ prem~aes io
in~uttd, a fai) to deliver p~omptly ~ny ot ssid pol~cies of +nsuranc~ to fa~d MORIGAGEE, a lail promptly to pay fulfy any prrniu~n the~efor w in a~y
~~?pect lail b pa(orm, d+scha~fle, eaecure, ~flect, complet~, con,ply wi~h end ab~de by th~a covenant, o. any par~ he~eoi, se~d MORTGAGEE may plsce a~~d
paY Iw such iniu.ar+c~ a~ny parl 11+~~eof w~ihouf w~iv~np w affec?iry any op~~on. lien, equny. or r~flht u~~Je~ or by v~~tw o! thii Mo~fga9e. a~d the
fvU amounl of eacA ~nd ew~y svch payment ihall b~ immcdi~tely du~ and payable •iu! shall brar i~ve~est iiom tho dst~ Ihcreof umN pa~d at the ra?e ot
nlrx per centum pK annum and together w~th s:xh internst shali !x secured by the tien o} this mwtyega.
1. To p~rmit, commit or wff~r no waste, impairn,em o~ dcterior•~~on ol sa~d proper~y a sny pa.~ rhe~eo(.
S. To pay ~11 a~d sin~ul+r the costs, cMryes and eap~nses, inc:ud~ng a reasonab!e anwney's ~ee a~d costs of ab~trscti of title, incurred or paid a~
s~y time by said MORTGAGEE, becauu w in the ewnr of Ihe (ailure on the pa~t of the ta~d MORiGAGOR to duiy, p~anptly and fully prrlam, d~scharye.
•¦ecut~, elf~ct, compl~q, compty w~th and ab~de by ~sch aod every the at~pu~e~~ons, agreemenrs, co~d~t~ons, a~d cover*anrs of sa~d pra~~~isory note a~d ~h~~
mortqay~ a~y or ei~her, ~~id s~~d custs, ch~~9e~ and expenus, each •nd evcry, shall be immed~a?eIy due and payable; wheeh~~ p not ~hore be r+once de
mar+d, atttmpt ro colkct w suit p~nd~n9; ~nd tM full amount of euh and every such paynxm shalt bea. ineeres+ from the dats thercof umil paid ~t the
rate o! n1n~ per c~ntum pN annu:n; aod all uid costs, cAarpss and eapenu• incurred w pa~d. ~ogether wdh s~ch inte~eat, shall t~ secured by the I~en of thi~
^art'pa~•
6. That in the event o( ~ny breeth of fhi~ Mortgap~ or de!ault on the part of ihe MORTGAGOR, o? ;b) in the even~ eny of se:d sums of money
herein refened to be ~ot prompdy and fully psid within th~rly (30) days nex~ a~re. the sam~ seve.a'ty bem,T,e d~c and payable, wiifiou~ demand or nat~ce.
or (c) in th~ erent eacA •nd eve~y the stipulat~ons, a9reemcnta, cond~hau and cove~ants of sa.d promisw~y r.ote and ~h~s nw~tgage any or eithcr •re nof
~uty. prompNy ~nd f~ily pe~fo~med. d.xher9ed. executed. ~ffected. compitted. compi~ed v~~th and a6~ded Sy, the~ in e~ther or any svch •vent ~he sa~d ag
pregaN wm m~ntwned in ~aid pron,iuwy note then ~cmainir.fl unpa~d, with inte~est accrued, and e~l nw~w~a ucurcd hereby, thall become dae and pay-
•bk forthwith, or the~eafter, ~t the option of s~~d MORTGAGEE, as fully •nd complete~y es if a~l of the sa~d sums ol moner wcre a~g~natly snpulated
ro be pa~d on ~uch day, anytAiry in sa:d {uom~sswy note or i~ thia Mwt9age to the con~rary notw~+h~tend~ng; and thereupon or therealser ~t the op~~on of
sa~d MORTGAGEE, w~thoart nonce w demsnd, w~t at law ar in equ~ty, therefore p thereafter be9un, may br prosecuted as if ~II moneys secored hereby
had rturured pr~w te ns ~nstit~tron.
7. 'hat in the event thet at the bcginn~ng of or af any tima pcnding sny su~t upon th;s Ma.rgage, or to fo~eclose it, or to ~eform if, or to enforc~
payment of any c~a~ms he~eunder, said MORTGAGEE shall aF, ly to the Court havmg rynsd:cuon thereof fer the apNO~mmem of a Receiver, such Cour1 shafl
Fwthwith appoint a rece7ve~ af sa~d moctgaged properfy all snd s~ng~Isr, inc:~d.ng au and s~:~gu~er ~he inco~ne, prai~ts, issues and re~~nues irom whatever
scurce dcrived, each snd every of wh~ch, n beir~ expresaty underotood, is hereby morrgaged as if spec~trcaliy set forth and desu~bed in ~he giaming and
hatx~dum c:a~ses F.ereof, and su:h Recerver shall have all the b.uad ar.d effecnve fu~x~,ons and po..,ers i~ anyw~se enti~srrd by a Cou.f to a Receiver, •r.3
s:ch appointmenr shall be made by svch Court as an admi~red equity a~~d a maner of abso~ure r~gM ro said MORTGAGEE, and w~rhout reterence to thQ
adeq~aty p inadequacy of the vaiue of the prope~ty mor~gagtd or to !he so,vency or ~r.soivency o1 said MORiGAGOR p the drfendanfs, and that such
re~+s, profita, income, ~swes and revenves shall be appii~d by wch Rete~ver a;cord~ng to the Lee w eq~ity o1 sa~d MURIGAGEE and the p~ac~ice of such
Court.
8. To duly, prompt!y and futly perform, diuharge, execute, e(fect, complete, co:nply w~th and abide by each and every the stip~lations, sgreements,
condit;ons and co.anants ~n serd promissoty rrote and th~s mortgage se~ forrh.
9. That in the event the cwnersh~p of the mortga9ed prem~ses, w any part therco(, 6ecomes vested in e person other than tF+e MORTGAGO4, the
MORTGAGEE, ~rs wccessors and assigns. may, w~thovt rwnce to rhe MORTGAOR, deal wnh such s~ccessw w wccessor in interest with reference to this
mo~tg~ge a~d she deb+ Aereby secured in the srme manner as w~th blortgagor without in any .vay vitlating or d~scharg;r~ the Mortgagors' liabili?y herr
vnde~ or uFwn the debf here5y secured. No sale of the prem;ses hereby mo.tgaged a.:d no fo:bearance on the par~ of the NlORiGAGEE or its s~ccesso~s
o. aas~gns and no extrrs~on of rhe time fo~ the payrn~n~ of the debt hereby secured given by ~he MORTGAGEE or its tuccessws or ass~gns, •hall operate
ro re~eue, d~xMrge, modify cMnge o+ af(ctt the o~~g~nal tiab„~ty of the MORTGAGpR he•e+n, either in whole or in part.
10. It is spec~f;caliy ag•eed that time is of the euence of this contract and that no waiver o( any obl:ga~ion hereunder or oi the obligstion se-
cvred h~reby sML• at any time thereafter be hefd to be a warver of the terms hereof or of the instrumeN secured herby_
' 11. In aod t:o~ !o the ;orege ~w3 mor.th'y payments of princ pat and i~terest requ~red by the prom ssory no~e secured hereb~, mortgagar covenants
a~d ag~ees to par to ^~~rtgagee w~rh each r..onrh'y pay~.,ero an add.~~o~al sum est~:s-ared by morrgagee to be equal to 1: 12 of the annuai cost of the follow-
i
j A-A41 rea! property taxra lev~e~ or assessc~d agains! thc acove described rea~ estate.
~ B-Pren, u~~s on fue and windsrorm ~rtswar~e as herc~n rcqu;red to be ca.ned on the :mproveme~ts s;ruate on the above desa~bed premisea.
~ C-Prem:ums o~ such m.ortg=qe g~a~anty ir.surance as mortgagee shail from t:me to :~me deem fit ~o carry on the loan secured hereby_
' Mortg~gee s~a ~'~c~.+ r~~ne to nme nct~fy merrgager m wrinng of the a:*~o~~t due and payable hereunder and such su~n shall thereupon be due a~d
! ,-a~abie on the d~e da+e of ~he next ~,.o-,rh:y payment and each successive mooth thereafter ur.fi~ mortgagee shall nor[(y rrwrtgagor ot a change in s~ch
: e.-:ov~r. Such sums sha.~ 5e apK~'fed by mortgagee roward the payrt+ent of real property taxes, insurance prem.ums, and mortgage- guaranty insurance
E e-emivms.
i IN WITNfJ~ '.'1'HER~pF frte sa+d MORTGAGOR has hereunto set his hand and seal the d and yeer fint afwesaid.
SigR~ed, led~:~d deiivered in the prexnce of:
~ v ;
? - - ~~~:n r.±~~• uECORDED se . o eres ey
a ' - ~ ~ ST. Ll~~l~ i~JJMTY FLA. p •p
~ ~ , = " , p- ~ <:'T~iAS LL.r[ I'
~ ~ - _ r ~ i ~~T a r ne e2'eS
~
~ _ .
~ STATE Of ec~tau Nex York ~ ~~1 ~~~~~f 2 0 7 2 4 3
~ ~tOUNTY OF -~-y~ - W/~C
~ ~ ~ , _ Joseph A. Podereskey
r aa~
Catherine Podereske _ h;, W:r~, to me wetl known and known to me to b~
~ ~ 'h~% b ibed in snd who eaec~ted the for instrument, acknow!~ ed before me that the executed the sartx for the purposes
~ ~~atherine~odereske Y
~~.~,xa~l a,a Y
` Jose h A. Podereske
~ «:i~ or trx ,,;e P Y
~ - uFOn s separue ,r,d p.iv.r.
~ exam~nat~on by me taken sepa+ate and apart from her said husband, adnowf~dgtd to and beiore me that she executed said inatrvment freely snd volun-
; rar~lr and w~thovt anr computs~on, cc~straim, apprehensan, w fear of w from her uid husband.
3 WITNESS my hand and offic;al uat fhis- da of April 7~
P-I1~-- Y A. D. 19
a
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My Comm pira: - ~ 1 ,j
Retvrn To: ~r ~ • , ~ ~a .a
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fint Fedcrai Sevings 3 loa~ /4soc~ar~on • . ~ ~ `
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io•! P~r.ce Ft~r,da . V -t. , v
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= This Instrument Prepared By J. D. Chastain ~ .3:~-7.2 ;,y'
First Federat Sav~ngs b loan Associat~on w ~ 43 '
~ of Fort Pierce , ~lorida ~ 2 ~~~1rc~t
FVT;.ov t) ~ ~ (
~si Checked By,Q~ - ~ o _ tF1t12'71 ' . S7;,,.= p ~X
3~ N ~ • n; ~ ~
~ ~ ~r,. ~~o, ~ ~s - ~ 3 6 6
= .~~~191 154~. ~ ~ -
~ _ _ _ . .