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HomeMy WebLinkAbout0777 • ~ J. To plaae ~nd continvou~ly keep on ~ha bui!dinps now w f+ereahe~ s~~ua~e o~ w~~ I~nd a~d on all cquip+nent and perspnaUy torNed by Ihis mot1~ p~. wi~h dt prcm;vms ~haeiwi pa~d ~n iull, fire insurance i~ ttK u~usi s:andard po,~cy (orm, in a scm apRrovsd Gy tht htORjuAGE:. a~d w~~dstam insuru~c~ i~ the usw! •ear.dard poLcy lorm, in a ~..m appraved by tha MORTGAGEE, in sucb company w co~,pa~~~es as the A~ORiGAGEE may diree?; ~exJ ali i'u~ ~nd w~rnis~o~m insurancs potK:es on any ol sa~d bu~id.~~gs, any ~~~erest thrrein w p~t ~hereot, i~ tFK a~greg~~e tvm +!o•ea~id w In txcess ~herroi. tMU co~?ain tFx us~al sr.?„dsrd :rw~rgages dauso or such othc~ c~a~se as i;» Mo~~yaqee may requ~r~, rt~akuy ~he ~oss u~.de~ s.+~d pot~ c~es, eacA and every, payab~a w sa~d 1NORiGAGEE as ~~s ~mrresl may e~s?ear, ancl eu~ anJ every ivth poi~cy ~hetl lx promy~iy assg~x-~i a~~d de+~~e~ed ~o any held by said AhORIGAGEE as f~»hrr sccu~+~Y to sa~d nwrlgege debt, and, no~ ~css ~han ~an (t0? daSS in adva~ue of ~F~ eapuat:on of e~ch polky. ~c ds~ trvK to said MORIGAGFE a reneh~al thereo~, tope~her with a rece~p~ fM th: p~e~~uum of svch rcnawa'; a.,d ~F~ere shafl be no fne or wi~~dsro~:n ins~rance pl~tad o~ ~ny of ~a~! build~nys, any inte~eat there~~ a par~ thereof, unlrsa ~n ihc lor~n a„d v.~~h the tos~ payabtr as a~wrsaid: and i~ ~he erent any sum oi money becomes payab!e unde~ such policy o~ pal~cie: tait! MORiGAGFf ah.~il ha~e ~hr opt•on ~o rec.:~ve and apply tl~e tame on account oi the i~xizbt~d- n?ts 3KWld hO~pby a t0 plrmif said MORTGA(~.ORS to IKrivf ~nC~ use i1 O~ any porl tlHr.oof loi otnrr pu~{:osrs. v.,~ho~1 th:rw~ w:.vi~i~ ~N ~•f~puin ~~g +~y pv~ty. ~~m a~~ght v~,der or by virue o~ Ihis mo::gafla; ~nd i~ the evenr sa,~ M0~2iG~GORS shafl 'u any ~eas~ lai) to keep rhe aa~d prem;sr.s so insu~ed, w(ai! to deliver pranptly t~y of said po~~cies ot i~surance 1o sa~d MORiGAGEE, o~ fad prOmptly ?o pay fu~ty any prem;vm ~herelo~ p~n a~y rsapect fail ro,~erfpm, dncharge, executa, affect, complete, compty w~th a.~d ab~de by th~s covenant, or aoy part Fkreof, sa~d MORlGAGEE may pi~ce a~~d ~ pay tw such insuronte o~ ~ny parr thtreo/ wiehout w+iving u affectir~ any ophp~, tien, equ~ry, w ri9ht ;roda a by virtus of this Mwtgags, and tht full am„vM of each and every such paymeM shall be anr~liately d~,e and pay~bte and sAa11 brar imerrst irom the date ~hereof wuil pa~d a~ the raM ol ; ninr per r~ntum pe~ annum a~ul to~rther wi~h such .nie~esl shap be secured by the Len of th~s mo~rgac~e. 1. io permit, commit or suf(er oo wute, impairmrnt or dete~iarat:on oi ~aid propeny p a~y pa~f thereof. i S. To pay sll and s7ngutar the cosh, charges ar~d e:penses, inctuding a reaso~wble at~wney's 1er and costs oi abstracts o1 t~tle, incur?ed w paid at ~ any time by aaid MORTGAGEE, bttause w in Ihe trs~t of the ia,lure o~ ~he oa~t of ?he sa~d MORiGAGt7R to duly, pro:T~pe1y a~d ivtly ~~yform, d~uharge, ~ e¦ecute, efiea, complN~, co~npJy w~th snc! ~b.de by eacA and e~cry the Sfip~?a!~O~:S.,agra-c•nrN~, COn~;r,ons, a~,d cove~~anrs of s.~~d pro'.:•iwry`7~ete and +hii .r.ortga~e any or either, arul sa!d costs, cMrges and eapenses, each and eve~y, shait be ~n,:n~d~a~rly d,x and payabir; wih~her or not there Ee rto~~ce da ~*+a~d, a:tempt ro ccllect or wit pe.~d~rg; ana the full artq~nl ol each and evrry wch peynwn~ shati bea. ~n:erea~ from rAe daie tl~ereot until p~id ae ~he rate o~ nine pe~ centum }kr an,~u:n; arx3 ell said coals, tharges arxl capr~~ses incurred w~:~,, together w~th wth inteetst, stwll be securetl b~ the I~en of th~~ mort~~e. 6. Th~t (s) in the event of any bieach of this Mortgage w defrult on thr p~rt of ~hr MORTG/1GOR, o~ (b) in tRe rvent any of sa:d sums of money herein rete~red to be not pru.npely and fv71y paid w;~h;n IA~rty i3p) ~ays nc,~t airc~ the s.::~,e s•wcra.ly bcco~~~r d•~e anJ payable, w~tFw~t demand w notite. or (c) in the e~ent cach and eve.y ~he stiputa~ions, agrecments, co~d~rions and cuve„a~~fs ot sa d F~om~swry note and ih;s mortgage any o~ e~~he~ are no1 iuty, p?omptly aad (ulty perfwmed, d:xharged, eaecured, efitcted, cwnpleted, compi~ed w~rh snr; eb~d<-d by, then ;n e~~her w any such evem tF?s sa~d ag ~~egate sum memioned ~n sa~d pror.~~ssory note then rema~ning ur.pa~d, w~~h ~r+trre;e acc~~~d, and ail monrys secured hrreb~, ahall becane due ~nd pay- eble iw~hwith, or thereafter, at the option of said MORTGAGEE, as Iul1y a~d compte~r:y as ~t aU of ti,r said sums of money were o~~gin~tty tNpu:ated to br pwid on such day, anything in sa:d Franissory note or in this Malgage ro thr comrary notw~thstm~di~y; and ~hrreu~wn w thereafter at the op~ion of ~a3d MORTGAGEE, without nonce w demand, suit at law or in equity, +he~eFore W Iherealter begun, may ~e ~osecuted as if all moneys secu~ed herebr nad matureo pr or to ,ts inst~r~i~on. 7. That in the evrnt that a~ rhz beqinNrg of or at rny time pending any su~t upon rh~s Mortgac=t, or te (aeclose it, a to reform it, or to aa+fwct i PaYn+en1 of any cla~rr,s he.eu~drr, sa~d MORTGAGEE shall app:y ro the Cour~ ba.~~.g ~urn~.cn~i tl,~~«bf for tFK appomtmcm o! a Rr.ce~rer, such Court shalf ~ Forthwith appant a rece~~er oi sa~d mwtgaged prooNrq att and singu(ar, inc:~l,ng a:i ar=d s•~~3~~ar rhe inconu, p~ol+ts, ,;sues ar.~) ievenvrs from whatever se~•ct drrived. each a~d every of wh~ch, it b~l~~g eap?essly ur?decs~ood, is here vy mor~~,g.rd as il spec.ficaity se~ forth a~+d descnbed in the gr~nting and habersdum clsuus hereof. and sJch Rece~~er sha~I have all the broad and rfieu,ve (u~ce.o:~s .+r.d pohere in anywne entrvstc: b a Cwrt to a Recc~ver, ar.d :~ch appointment shal{ be m.ade by such Co~n ~s an edmitted egaity and a natter of aLsaute r.ghf to sald MORiGA~E, a~rtho~l reference to the adequacy w inadequacy of tht val~e of the property mwtgaged or ro rhe so.vrncy or .~uo'.ency ol sa~d MpRiGAG~R o~ the defendants, and thol such renrs, pro(iss, income, issues aod reve~~ues shail be appiied by st;ch Recewer ac.ord,ng ro the tlen a eq~ify ot sa:d MORTGAGEE and ihe practKe of sucb Co~rt. 8. To d~ty, premFtty and (vlly perfwm, discharge, execvte, effect, comptefe. con:pty w~fh a.~d abide by each a:~d eJcry ~fie stipulations, agreemems, condiYwns and covenanrs ~n sa~d prom:sswy note a~x! th;s mortgage se~ forth_ 9. Thst in the event Lhe ownership of the mortqaged prem~ses, w any par: thcreof, L-eco+ncs vested in a person other thsn the MORTGAGOR, the h!ORTGAGEE, its successors ar.d ass~gns, may, w~thoul notice to the tAQRiGAOR, deal w~th such su:ceasor or s~cceuor ~n ~nterest with relerence to this ~ mortgage and thr debt hereby securcd ;q tl+e same manncr as wirh Mortgagor w.tFwW in any way virlaring or d:sct.a~g~ng the Marrgagors' liability herr unde+ or ~Ewn t!u debt he~eby sec~reu. No sale of the Frem;ses h~reb~ rno~rgaged a~~d no fori,ea~an~e on the ptrt of rt,e MURIGAGEE or its successws or a:sg.~s and rw exre~s~on of ~he ~ime for the payment of the deb~ harc6y secured g~ven by the MpRTGAGEf or its succeasors w ass~gns, a,'iall operate ro relrase, d~xharge, mod;fy ~hange or affect the org~nal Jiab;:~ty of ~he AfARTGAGOR Mrrin, either in whole w in pui. 10. It is speufica~ly agreed ~h~t time i: of the essence of this contrau znd that r+o waiver of any obl;gat:on hcreu~der a of the obtigation se- cvred hereby shall at any time thereafter be held to be a v.~aivet of the terms hereof a of the instrument secured he~by_ I 1. In add tio : to ~he ferecae ng m;x+th!y paymmts of princ'pai and imerest reyu~red 'oy the prom'ssery na!e se:vr~ hcreb~, mortgag~ tpyenaots a~~d ayrres to .~ay to mo~rgagee xirh each monthly payr:kn~ an add~r~onal sum cst n,ared by mo:egagee to be equef ~0 1 12 of fhe annual cost of t!?e follow- ~ ing: ' A-All ~ea1 prope•ty ta¦es lev~ed or assessed agai~st the above desc.ib~d r,al esrate. B-Fren,::,~ns o~ fi.e and •.v~rdsrorm ~nsurarce as here~n req~:red to be ca~ricd o~. th_~ :rr~rroveme~ts sit~ate on the atove dascr;bed prerrrises_ C-Premiu~rs on such morrg:.ge gva~anry ir.aurar~ce as mortgagee shall fro-c Yme fo r+nc deem fit to carry on t!ie taan secvrrd hereby_ - Mortgagee s=~a•~ `+cm ~~~--r ro r~n:e no;ify mortgagor ~n v~rit:ng of the a~r.o.~-,~ dt~•_ ar.d payabte hereunarr and wch su~.+ sFwll thereupon be due and ~avab!e on tF+e c+~e ca!e of the neat m6~T~!y pdymem and each svccess:ve month the:eafrer ~cfi~ mortgagee sha?t notify rr~rtgagw o( a thange in such a^ovnt. $uch sums s~a.i be appl~ed by mottgagee toward fhe pa~ment of reai pro~erty taaes, insvrante prem;ums, a:~d mortgage guaia~fty iniurance c~emiums_ IN WITNE55 _REO~. rhe ~d MORTGAGOR has lxreunto set his hand and seal the day and year first aforesaid. ~ ~ S' ned. Sea! nd ~P sstrx~ of: ~I s h~ s ~ qw 11 ne ~ u~.r~...... D kl's~ a ~ .4 , i • (Ses4 ~ rls s.s~.~..w e~ / c ~~~a-. ~ p. e nor "'q ~ . eza c ~n S7A7E OF FIORI A ~ ' St . Luc ie ~ COUNTY OF ~ Willian D Rezak " ' Befo~e me persona:fy appeartd _ • ' ~ y~ 'J." ! ~41QGli, to me well knorrti wdy?fP N. ~'~p ~be ~he ind:vidva~ dcscr~bed in and who eaecuted tF~e forego;ng inst-vment, and acknowiedged before me that 7A~C exau~ed.'t~e~for th~, p~ rhere7n ea~xessed. ~G~G~ he c;_ - ~,'t 1i1p000~[ - - • 1~ = _ 4 ~ : WITNESS my hand and oific~ef xal thii ~ day of__-_ r A, D.'19.~,~:, s . ~ f ' • y i SiATE OP~QQ~~~Z/ Y^ ~ , 1 ~ Norar~ P~bIK ~o and for ty~ State of F` ~t•L~e~i'' ~/(7 , ~ Mr iOR1fI11S31011 Q~Iftf' (//~J rJ / ~0~~~~ ~ f~/ Q I • tii _ - - ~I ~ ' selue me perw-~a,1y ,~,.~d Eleanor P. Rezak~-- - _ ~ to me we11 knQwn a.~d known b me to be the ind~vid„~y dti~ribEd i~ and who executed ~Sie iweyoiny i~slr~nt, and sckr~w: ed befwe m~ ~9 fhat~ e~etuted th~ ssrM lor !he purposei ihe•e~n e:~wesscd. 7~ ~ j - - - - ~ ~ . , ? y' WIjNf55 mr hand ~nd of/ic.d seat th~s - _ ds~ uf . . _ " ~ ~ 7~ This Instrt~aent Prepared by Javes l n- o. iv Chastain, Rirst Federal ;avings and - - _ 2 ` • t~` . ~ -t, ~ --t--~ - Lc~an Association of Fort Pierce, Florida •"r ~a ~w? ~S .r ~.,y. R~r~.n fo_ M VaQk~f: J.r? i ier ` Re~~ 4i, • MASp~I. • .'1 Fi~N i~ele~d Sai~r.Q~ 6 tok~ Asa~xiitv~ ~J~1 NaTA{~ p ~ ~)f i~..f V.,,.: U R lJ U~{,(C ~.NEr1y JERSEY 1' ~ c.,., , ~ , 800r r~ . ~ ~0 1sb?Co~xn~,~Mor.2o. L~1y