HomeMy WebLinkAbout1239 3. To place and cont~nuously 4eep on the 6~~..f~~~9s no.v or h~re.,f~er s~wate on sa~d tand and on all eq~~pmrnt and personally cc~ered bY ~hi: mor
ege, wi~h all prem~ums 1he~con pa d in iul~, f~re ins;,rer+.c_ ~n ~h: u3~~1 st.~cie:d pc'~ty form, m e s~m ,~Hpro.cd by the MUk~v:.vfE, a~~J w~:~dsto
Insurante i~ the uswl standa~d pot.cy for~n, in a s.,~n aFpro.rd Ly ~hr M1IORIGAGEE, in such mmpa~~y oi to~npan~es aa ~he h10RiG%+GEE m ~
d~~ec~; and all iire ar.d w~nds~o~m insurance po'~c~es on any of s-~~d bv~:d:nys, any inre~es~ ~he~ein or par~ thereol. in the a99~ega+e su~n atorese~d
in excess ~hereo(, shal! :onta~n ~he usv.:l s~a~~darJ mo~rg.~gee c~a~,se or s~ch oihe? clause as ~he Mo~tgagee may requ.ro, ma?ir.g the ~ws undrr •.+~d po
c~es, each and every, paya5!e ro sa~d AIJRTGAGEE as ~ts ~n~arest ~nay a~,Near, and each and every suth po;~Cy f~~all Fx promptiy aisg~~~d and de•~vcrrd ~
nny held by sa~d h10RiGAGEE as (urther s~cwity to sa;d n•or~ga~r da~~, a.+d, no~ less than ~en (10) deys in ad.ance of the exp~~et~on oi eech pol~cy, to d.
i~~er to said MORiGAGEE a rtnewal thereof, togethar wi~h a rcce~pt tor the p~nn~~um of such re~~ewa~: and ~hrre iha{I be no f.re or w~~~dswrm insuranc ~
placed on a~y of sa~d bui!dings, any inrrrest there.n o- part ~h~v~~oF, unicss in ~he ionn a~~d w~th the ~ois payab!e os aforesaid; and in ~he e.~nt a~~y sun ~
of money beco:*~es payable ~nder such policy o~ poLc~es said 1J1ukfGAGiE sh,H have ~he apr~on to reca~ve o~~d apy'y tne sa~ne on accuu,u of U~e ~nd~•Ltrd ~
neSS sewred hCr~by Or t0 permit said MORTGAGOR$ 1o re~o~ve a~~d use it Or auy {it+rt tt~•~•.~of tor otn~•~ ~.ur~ JSt•S. V~~~I1:~JT th •n :7 a~~:.p..~~ ~
i~g any equity, lien or right uodcr or by virtue of this mc:'yage; and i~i the event sa d MORTGAGORS shaU (or any reason iail 1o keep the sa~d pre~n~s~~s so ~
~nsured, o~ (ail to dai~ver pro~nptly any of s~~d ~wl.uc•s ot insu~a~:ce ~o s~d MORIGAGEE, or fa~i p:omptly to pay fu::y any pr~~~:~„~n il,cr~for or in a~~~ #
respect lail ~o perfo:m, d~stharye, execute, effect, complet<, co~,p~y r~ih and ab~de 6y this c^vn~~a•v. or any p.~~~ ha~eof, se~d MuRSG:.GEE may p~ac~ a~a 4
pay fo~ svch insuronce or any part thereof wnhout vva~vir~y or affeaing any opt~on, I~e~, equ:ty, or nyht under or by v~rtue of th~s hlo~tg~ye. and thc ~
t„tl amo~m ot each and e.ery wch paymrnt shal! be u..~ncd~etely d,~e a~,d payabte and sha~! b_ar intrr~st fran tha dete thercoi unnl p.,~d at the rate of ~
~ e per centum pet annum and to~ether ~n~th such intrr~st ch~~~ l~e• scc~red by Ihe lien of th~t mOrtgage.
1. To permit, commit or suffer no waste, impaument Or dct~r~arohon of sa~d property w any part the~eof. ~
5. To pay al~ and s~ngular fhe costs, charges and expe~~srs, inc~ud~ng a reasonabte anorney's fee and costs of abstrscts of tiUe, incuned or paid at
.+~y t6T:e by sa~d A10RiGAG:E, because or in che event o: the fa.lure on ~hr part of the said MORTGAGOR to d~ty, pro•»pNy and f~l~y p~~rtorm, d.scharge
_.ec~te, effed, compteee, canpty wnh and abdr by e~cF. and eY~ry ~hc sf~;,::;ai~ons, agre~ments, condmons, and cove~~a„rs of sa~d pro:*u,sory noie a~~d th~s
~:or~gage any or e~iher, a~ad sa:d costs, cha~ges and expenses, each J'1C~ rv~~ry. shall br immrdiateSy due and payabir, whethe~ or not ~h~~re k~ nof~ce da
r.;and, dtte:npt to toi:ett or suit pend~ng; and the (uil amow~t of cach and e1cry svch payment sholl bea~ intcrest from the date thereoi ~ntil pa~d at tt:e
!e o~ nine per centum ~~er an~~u n; cnd atl sa~d tosts, ti~~r3es a:~:! ~ A:;~~i s~~s ~+KVrrcd o~ pa~d, toyether w~th wch ~nterest, ihall be setured by the I~en oi tF~~s
morlgdg!_
6. That (a) in thr eveM of any breath of thia Mortyage or defaut~ on the part of ~he MORTGAGOR, or ;b) in the evem a~y of sa:d sums of n;oney
herein refe:red to be not prompt;y and f~fly pa~d ~v~thin ~h:+ty ~3J:~ dtys ne~f a•tc•r the sa+ne se.era:iy become due and payable, witFrout dernand o~ rtet~ce.
cr ;c) in the e~ent each and every the st~pu:ai~o~s, agreements, cond~f:o:~s a:~d cuvenams of sa d prom~ssory nota and th~s mortgage any o~ e~ther a~e noi
iu,y, promptly and f~lly performed, d schargzd, exec~ted, e4fected, canpleted, comp~~ed wiTh and ab~ded Sy, then in enhe~ or any such event the sa~d ag
a'egafe sum meNiened in said promiuory note th~~n remain~ng unpa~d, v.ilh interr;t atcrued, and a~l money3 setured hereby, sha~l bccome due and pay-
ao e forthwith, or thereafter, at the opr~on of s~~d MJRIGAGEE. as fu~ly a~~ complerc:y as ii a~l of the sa~d s~n,s of muney were or,glna:ly s~:pu~aTed
n be pa~d on such day, anything in sa.d p~om~ssory ncte or in tn~s 1.tortga~e to Ihe cuntra~y not.vithsta~~d~ng; and Ihcreupon or thereafte~ at the opt~o~ of
s= d h10RTGAGEE, witho~t noGCe or demand, wd at Iaw or ~n equ~ty, theretere or thereafier begun, may be prosrcuted as if ali moneys secured hereby
n_d maWred pnor to ~ts institut~on.
7. That :n the event that at the beginn;r.g of o~ at any time pcnd:ng any su~t upon th:s Mortgage, or to foreclcse it, or to reform it, or to enforce
^f c~,em~ he••:,nder. ~aid MORTGAGEE sha:l ..ppl~ ~o ~h,~ Ce~r~ hav~r~n ~ur~sd.tt:on thereof for ~he anuo~nt~nent of a Rece~ver, such Ccurt sha:l
r„•rhN,;rh ap~+oint a rece~.er of Sai(I mOrtadsc~ D~ODertV al1 and sing~la~. inUud ~~q a:l and sinqu~ar Ihe income, p~ohts, issues and revenues Irom whate+er
.~~ce denved, each and e~ery of wh:ch, Ir be~ng express'y undr+s'ood, ~s her_by mor~•~•~d as ~f spec:f~caily set fo~rh and descr~bed in the gran~~ng and
~ ~~endum c~auses hereof, and wch Rcc_ever sha~l have aIl the broad a~~d rf'txt.~e f~r.ct.c:~s and pov+e~s in anyw~se eMr~sted by a Cou~r to a Recr~~er, a~~d
s. :h appointme~» sha11 be made by such Court ds an ad~nittrd eq~~ty and a r.a!:er of absa~te r,ght to said MORTGAGEE, and w~thoul refere~~te to the t-
aci-~quocy or inadequacy ol the val~e of the properry mongaged or to thz, se vrncy or ,n;o..~~nc~ of sa~d MCRTGAGOR or the defenda~ts, a~~d that such
e-~}s, profits, inco.ne, issues and revenues shall be appi~ed a,r such Reca+ver accorci~ng to the lien or equity of said MORTGAGEE and the practite of wcn
:ourt.
~ p, T_ a_ry, ~,,,„~e!Y ,n.~ fulty eerform. discharae. execute, effect, canplete, canp~y with and abide by each and every the stipuiations, agreements,
~ .cnditions and covenants :n sa~d promissory note and th s r.:;,rty~3e srt to::
9. That in the event the owne~sh~p of the mortgaged p~e~~:ses, or any part thcreof, becomes vested in a person other than the MORTGAGOR, the
:'C;RTGAGEE, its successors a~d ass~gns, may, wishout nonce to rhe ::•OR?GAOR, dea: w~th such successor or successor in interest witn reference to th~s
^ o•tgage and the debl hereby secured in the same manner as w~th t.',ort~ago~ wrthout in any way vitEating or d~scharg~ng the l+lwtgagors' liabitity here~
der or up~r+ the debt hereby sec~red. No sa!e of the Fre~~:ises h_reby ~nortgaged and no Forbearance on the part oi the /dORTGAGEE or its successors
or assigns and no extens~on of the t~me ior the payment of the drb+ hr.rby sec~red g~ven by the MORTGAGEE or its suctessors or ass:gns, ~:~all operate
~ io re+ease, d~scharge, mod~fy chang¢ or affect the orig~nal Gau:::ty of ~he k'.ORiGAGOR herein, either in whole or in part.
~ l0. It is spec~ficatly agreed that time is of the essence of this conrracr and that no waiver of any obl~gat~o~ hereunder or of the obligation se- ,
cured hereby shal+ at any time ~hereafter be he:d to be a wa~ver of the terms hereof or of the insrrumeM secured F.erby.
' I 1. In aod tlo~ to the forego ng ~,~onth!y payrn~nts of p-i- c r~.+~ arid c~,t_~ra st req~~red by the prom"sscry no~e secured hcreb{, rnortga~or covena~ts ~
~ ~~,d agr:es to pay to mo-tgagee ~n~rh each r.~on!h y payr.~ent an add rionai su:n esr n ated by mortgagee to be eqval so 1 12 of the an.wa{ cost of the follow-
!
# 3:
~ A-AII real prop?rty tazas levi~~ Or assessed ags~•ist th._ acove desc;b;d real estate.
B--P~em~uns en fi.e and w~ndsto~m insura~ce as nere~n req~rid to be ca~ricd on the ~~proveme~ts s~t~ate on ihe above d_suibed premises.
~ C-Prern~ums on such mortgsge gvar;nry iesura~.ce as mo•tgagee sF:a~l frc•.• i me to t~me dcem fit to carry on the toan secured hereby.
; Morrgaqee sha l frcm t~m> to ti~r.e norif~ mc~iy~g~r ~n •r.r~r~r.g cf the a•::o:,~t d~~ and payable hereundrr and s~ch suro sh~ll thereupon be due and
s .~rable on the due date ef !hs next n,o:ith.J pay=nent and e~ch s~:cess:ve rronth thereah~r uctil mcrtqagee sha!I not:fy mortgagor of a change in such
^"ov~t. S~ch sums SF3.1 be app'i~~d by mortgag•re to~ard the pa~~nent of ~ral property taaes, inwrance prem;ums, a~id mortgage guaranTy inwrance
r "~'ETIUTS.
i IN YdITNESS '11HEREOF, the sa~d h~~RTGAGOR has hereunto set his ha~ d and seai the day and year first aforesaid.
ti Signed, Sealed aad delivered in the preaer.ce of: ~
~ . ~f/ ~1' ''t/ ' F:/~'~
' seaq
_ nne van i, i ow i
~ , - cseap
_ ~ ~ cSeap
~ (Seal)
~
~
ST:.TE OF FLORIDA 1
~ Lucie ~ u~
- ~OUNTY OF =SL. _ ~
y Anne Svandrlik A Widow
- Before me perwnal~y appeared ? ?IOd
- )bK?4StACto me well known and known to me to be
r ~he individuala described in and who exec~!ed the foregoing instr~ment, and acknowtedged before me that-~bey-executed the same fw the pwposes
} therein expressed. 7Q~1~(t}~,CS~~ S hE'
' 'v~?ffiCXfXtK~Xs2~idC_ ~~1@~x~tX~~C~1~
~ ~~fOGDtQB[09?~rKldiCl6i[7t11l~~CK!)l~CDOItX1UR107~/ . ~~A~I6
~g('~t?Qpl~t~01lQOODCa6~clt+76D~yrDtYotcs~tJ~nX`i~fpXcXe1(sX~K~7iDE?6KDt?tDdd~CXaX~G~L~K86?fd!~ - . .
Novembe r 7~.
WITNESS my hand and officia! seal this_ day of A. D. a1,:_....;_ :
- /f~~~~ -i i
= L-sl~ ~L?~CaL~-GtYF! - - i
Notary Public in and for the State of fbrids et.Larg:' _i • '
. My Commissio~ ex ires: , s`i " =
Return To: t~F ~ -
First Federal Savings a Loan Associat.on ' j~''
O( Fort P c,ce. fIlEO ANO RECOR~
- ST. lUC1E COUNtY FLA- ~ ' _ . . ; . „ .
Fo~r Pierce. Fie~~da ROGER PO~TRAS ~
CIERK CiiiCU1T COURT~ . i
RECORO YERIftED...~-~~' ~
i~ 42 aN'~? ~ ~ ~
This Instrument Prepared By ThomaS A. Drisco~Q~ 1~
_ First Federal Savings & Loan Association
= of Fort Pierce , F 1 o r i~ia
_ ~
21~~#O~;
Checked By - - ~
~
sooK ~g7 f~ac~ 1z~~ ~
cf #
ti ~ _ ;