The URL can be used to link to this page

Home My WebLink About0456 i 3. To place and continua,sty kcep on the ~u~:d~ngs no~r or he~eairer •~t~ate on sa~d land and on att equ~pnrnt and persona~~y covered by this mor sge, with all piemiums Ihercon pa~d in full, fire ir.swa~te in tha usual standa~d po~rcy form, in a sum approved by the h10R~uAGEE, anc~ w~ndsto ~~surance in ~he usual s~sndard po!.cy form, in • sum appro.ed by ~he MORTGAGEE, in tuch company or compan+es as ~ne t.10RTGAGcE m d~rcct; and a~l fire and w~~dstorm insurance po~~c~es on any of satd bu~idmgs, any intere3t therei~ or part therrof, io the aggregate sum atoresa~d in excess thereof, shall contain the usuat standard mo~igages c~suse w such o~her cla~se as th~ Mortgagee may requ~re, making thr ~oas undrr sa~d po c:es, each and every, payable ro s~id A10RTGAGEE as ~ts ~aterrst may appear, and each and every such po~rcy shal~ be prompUy ass g~~ed a~~d de•~varrd ~ any held by setd MORTGAGEE as (w~hu secur~ry to sa~d ~nortgage debt, and, not less than ten (10) diys in advance of the explrar~on oi each pot~.y, ro d~ l~~er to said MORTGAGEE a renewal thereof, toge~her wi~A a rcce~pt for the premium of such ronewal; and there shall be no i,re o~ w~ndsto~m ~nsuranc pljced on any of said bui:dings, any interest lhere~n w par~ thereof, un~ess in the fo~m and with the ~osa payable a~ aforesaid; an.~ in the e~ent any sun of money becomes payabie unckr such policy w poGcies said MORTGAGEE sfiall have the opt~on to receive and appfy the sarne o~ acwu~» of the incldbtrt~ ness secured hereby or ro permit sa~d MORTGAGORS to rcteive and uss i1 or any part thr:rof tor oine. pur;otes, .v~rho..t ~hr..cr ...:;.~,7 0~ ~~~~p~~r ~ng any equ~ty, I~en or ~:gh~ undc~ w by virt~e of this mcrrgaAe; and in tha eve~t sa~d MORTGAGORS shall :w any reason fail to keep rhe sa~d prem~ses so ~nsured, w fail to delrver prompdy any of sa~d pofues of insu~a~ce to sa~d MORiGAGEE, w fa~l promptly ro pay iu11y any prr~~~~~~n ~hc~efor or in a~y ~espect fail ro perform, d+scharge, e:ecute, effect, complete, comply with and abide by ?h~s cove~ant, w any pa.t hrreoi, Said MGR7~aAGEE may p:acr a•d pay fa suth insurance or any part the~eof without waiving or affecting any option, lien, equity, or ri~hf under or by virtue of this h~ongage, and ~hc fv11 amount of each and e.ery such payment shall be ~~nmed~afely due and payable and shall bear interes~ from the date thereof uniii pa~d at ~he rate of ~~ne pe~ cenrum per an~um and ro~rther wifh such interest shali be secured by Ihe lien of this mort9age. 1. To permit, commit a suffer no wsste, imp~irmrnt w deterioretio~ of seid prope~ty or any part tAereof. 5. To pay all and singular the costs, charges ~nd expenxs, including a reasonable attorney's fee and costs of abstracta oi titie, incurred or pa~d st >ny time by said MORTGAGfE, because or in the event of Ihe ~a~lure on the part of the said MORTGAGOR ro duly, promptly and futly perform, d~scharqe ~ae;ute, e(fec~, complete, canply weh and ab:de by each and eve?y the stiputa~~ons, agreements, condit~ons, and covenaros oi aa~d promissory nore and th~s ~,orrgage any o~ either, and sa:d costs, cMrgts and expenses, each and every, shall be immedtafely due and payable; whether or not thr~e be nonce d~ mand, attempt to collect or suit pend~ng; and the full amount of each and e~ery such payment sha~I bca. interes~ (rom the date thereot u~Til paid a1 ~he ie oi n~ne per centum p~:~ annurn; and aU sa~d cosis, charges and expeoses ~rxurred o~ paid, together wdh such interest, shall be secured by ~he I~en of th~s mortg~ge. 6. That (s) in the event of any breach of this Mortgage or defauft on tF~ part of the MORTGAGOR, or (b) in the event any of sa~d sums of money herein refnrred to be no~ promptty a~d fully paid wirhin th~rty (30) days neat afeer fhe same severa!ty become due a~d payab!e, wi~ho~i demand or norice, c~ (c) in the event each and every Ihe stipulations, agreements, conditions and cove~anrs ot sa,d promissory note and th~s mortgage any w eithcr are nol iuly, promptly and futly performed, d:uha~ged, execured, effected, complered, compticd with and ab~ded 5y, then in either or any such event the sa~d ag g~egate sum mentioned in sa~d promissory nore then remaining u~paid, with ~nterest acaued, and all moneys sec~red hereby, shall become d~e and pay- ae',e forthwith, or ~hereafter, at the opnon of sa~d MORTGAGEE, as fuliy and comp!e~ely as ii atl of the uid sums of money were or~glna~ly snpu:ated ro be pa~d on such day, anything in sa:d prom~sswy note or in this Mortgagr to the contrary not~nnthstand~ng: and ~he~e~pon or thereafter ~t the opnon oF ~ sa:d MORTGAGEE, without notice or demand, suit at taw or in equity, therefore or thereal~er begvn, may be proxcu~ed as if all moneys secured hereby n~d maWred pnor ro Os instituhon. 7. That in t4x event that at the beginn~ng of or at any time pending any su~t upon this Mwtgage, w to fotetlo3e it, or to reform it, or to enforce payment of any claims hereunder, said h10RTGAGfE shal! apply to the Cou~t having ~ui~sd:ct.on thereof fw th6 appo+nfinent of a Receirer, wch Co~rt shaff icrchwith appoint a receiver of said m~rtgaged Froperty all and singutar, inctvd~ng ail and singu#ar the income, p~of~ts, issues and ~everwes irom whatever i s, ~~ce drrived, each and eve~y oi wh;ch, it being express!y undersrood, is hereby morrgaged as if spec~ficatly set fonh and described in the granting and habendum dauses hereof, and such Receiver shal{ have all the broad and efSect~ve funct.ons and powers in anyw~se entrusted by a Court to a Receiver, e~;d ti._ch appointment shall be made by such Coun as an admitted equ~ty and a matter of absotute nght to sa~d AtORTGAGEE, and withoul re(erence to the adequacy or insdequacy of the valve of the properry mo~tgaged or to the so:ve~q or insoivency of said MORTGAGOR or the defendants, and rh3t svch .c^~s, profits, iMQM, issues and reve~ues shail be appiied by such Rece~ver accord~ng to the lien or eq~ity of sa~d MORTGAGEE and the practice of such Cour. B. To duly, promptly and fully perform, discharge, execute, effect, complete, compty with and abide by each artd every the stipulatiens, agreements. :onditions and covenann m sa~d promissory note and this mortgage set for~h. + 9. That in the event the ownership of the mortgaged prem~ses, or any part thereof, becomes vested in a perwn other than the MORiGAGOR, the ; :•~RTGAGEE, i~s succeasors and ass~gns, ma~, wiihout no~ice to the MORTGAOR, deat with such successw w succes:w in interest w~th rcferrnce to this ~ ' r o~tgage and the deb~ hereby secured in the same manner as w:th hlo~fgagor w~thout in any way viuating or d~scharg~ng the /1lortgagori liability here- v~.der or upon the debt hereby sec~red. No sa!e of the prem~ses hereby rnortgaged ar.d no forbearance on the part of the MORiGAGEE or its successors e~ ass~g~s and no extens~on of the t~me iw the payment of the debt he:eby secured given by the MORTGAGEE or its successws or ass~gns, ahali ope~ate ro re~eau, d~scharge, mod~fy change w affect the orig~nal liau~t~ty of the NIORTGAGOR herein, either in whole or in part_ 10. It is spec~fically agreed that time is of the essence of this conrraa and that no waiver of any obl~gat+o~ hereunder or of the obiigation se- :,,red hereby shaft at any time thereafter be held to be a waiver of the te:ma hereol or of the instrument secured herby. i ; I1. tn add-t:o~ fo the fprego ng momh!~ paymenrs of p+i^c pal and interes~ requ~red by the prom:swry nore srcured hereb/, morrgagor covenan:s ; ~~~d agrees to pay to mo;tgagee v~ith each monthiy payn~ent an add~donal s~m es~ ared by mortgagee to be eq~ai to 1;' 12 of f~~e an:,ual cost of the follow- ~ 'J t i ` A-All real property taxes levizd or assessed aga~nst fhe above desa~bed real es~ate_ t i B-F/~T.I:JTS on ive and w+ndstorm ~nsura~ce as he:e~n requ:red to be carried on the imFroveme~ts siwate oo the aoove described prem~ses_ ~ C-Premiums on such mortgage gua~anty er.svra..te as mo~tgagee shall from. t me to t~~ne deem fit to carry on the loan sec~red hereby. Mortgagee shail from time to ti~re not~fy mortgagor in wr~t~ng of the amo~~t due and payable hereundrr and such sum shail there~pon be due and ~ :~rabte on the due oate of the next momh"y payment and each successive ~onth therea!ter ~r,til mortgagee shall notify mort~ago~ of a ch~nge in such : _;um. Such sums shail be app'ied by mortgagee toward the paym.ent of real property tazes, insurance prem.ums, and mortgage g~aranty insurance c•emiums. t ~ IN WITNE55 WHEREOf, the said MORTGAGOR has hereunto set his hand and seal the day and year first aforesaid. F " ud, Sealed and de " ered in the presence of: / ~ ~ ~ ' {$eal) ~ ~ C~ Zy . . Z COV1t5 (~al) t 6 (Sea~) ~ irch ie Szak i t s ~~e~~ ~ - ~ STATE OF O~/ d ~ 6~l-t'eC~'e .fi/•?D~S K~ ~ u- ~ ~OUNTY OF ' ~ e~to.e ~~.~o.~auy eppeared Gregory P. Szakovits end ~ ~ Sirchie Szakovits - h~s wife, to me well known and known to me to be ~he indrviduals dew~bed in and who executed ahe foregoing instrument, and acknowledged beforo me that they executed the same for the purposes ~ therein expreued. And the snid ~irchie 52akovits ~ ..~fe of ~t~ ,a~d Gregory P. Saakovits upon • separtte and privare '-'-r, e.amination by me taken separate and apari from her said husband, acknowfedged to and before me that she executed said instrument.ft~esly,and volurt- ran;y and without any computsan, constraint, apprehens~on, or fear of w from her said husband. ' r,~-~~~ i~~ = WITNESS my hand and official seal th~s day of_ J a'~ ~ ~ ~i?, ...c~J~!f. _ ` 7 ' Notsry.Pu n and for the ~ ~ll ~i '~"1'f' 4 ';y My C ~s ~ expires: ~ ~ - ~ Rcturn To: / I p : ~ ~ : first Federal Savings 3 Loan Association /p~ - ~ p~ - 7G ~ ~ 1 ~~T.: ~ ; Of Fo~t P erce. ' ~ ~ ~ _ -3 FILEG AMO RECUROEO ~ : i,•..~,~~`.: o;.~ = Fort P~erce, F;or~da ST. WCIE COUNTY Fll~ y y. • ROGEF. F ~~TP.AS ~-`'Sr~ Y ~ 1~ ~ . ' CLf RR CI :~U?T COURt ~ , , pF~~c~ ~E.,,; ~11 - ~.~T'~ This Instrument Prepared By Ha1 J. Robetts f... p 7 ? First Federal Savings 8 loan Association ~M11 ~l 2 59 1 H~ 1 Z ' - of Fort Pierce , Flotida ~ 2~285~ t Checked By - € r~ s ; Boox 199 ~ ~55