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3. To place and conrinvo;~sly ktep or the bu~:d~ngs now o~ he~eafrer t~tvate on sa~d Isnd and on a~l eqo~p:nrnt and pe~sona~~y cove~ed 'by this mo~
ags, wah aU prem~,,ms ~hereon pa.d ~n f,;I;, f~re ]n:~~ance ~n mc uws! isand~~d po':cy fo:m, in a s~m aFpro~ed b~ rh~ MOR~~:.GfE, a~~d w~nda~o
~nsurance in rhe us~al sfanda~d po:.cy fo~m, in s sum appro~ed by the MORTGAGEE, in such compa~y o~ co~pan.es as ~he t.tORT'vA~aEE
d~rect; •nd ~II fire and w~ndstorm insu~ance po:~c:es on any of sa~d buiid..~gs, any ~merest ~herein or pa~t thereof, in ~he agg~egate s~m a4oresa~d
in eacess the~eol, shall :ontain the uwal s~andard morr~agee ciause o~ such o~her ciauu as the Mwt9agee m~y req~:re. ~~a?ing the ~oss undrr ia~d po
c~es, esch and every, payable to sa~d MJRTGAGEE as rts m~erest may appear, a~d each and every s~ch po~~cy •ha~i be pr~r+ptiY ais gnrd and de:~verrd
eny hetd by ss~d MORiGAGEE as 1~nher secunty to sa~d n:o:tgage debt, and, no~ ku than ien (i0i dais in ad.ancc oi ihe exp~ra+~o~ uf rach po'.~cy. ~o d.
Lver to sa~d MORTGAGEE a renewal thercof, toge~her wrth a ~ece~pt for the prem.um of such re~e.aa1; and there sha~i be ~o f.~r or w~ndsio~~n ~nsura~+c
placed on any of sa~d b~~'d~ngs, a~y inte~est thero:n or parl thereof, u^~'ess in the fc~m and wnh the loss payab e as afcresa~d; and ;n the e.eM a~y s~~~
ot money becomes p~yable vnder such policy o~ poLc:es sa~d MORTGAG~i ahafl ha.•e ihe opt.on to rece~vr and app:y she same on acco~nt of the indrotrd
ness sccured he~eby w ro petmit sa~d MORTGAGORS ~o rece~ve a~d use iT a a~y prrr ~h~reo~ to~ o~n~~r ~:u•:~ca,~s. +h~~~::. ~3
mg anY equ~ty. Gen w r~~ht under a by wrtur of this mor.gage; and ~n the event ia.d MpRTGAGORS sha!I `.a any reason fa~t to keep the sa~d prem~scs so
~ns~~rd, or fail ~o delive~ prompt~y any of sa~d pol,ucs of inswance to sa~d MORTGAGEE, or fa~i p:ompriy to pay fu~.y any pre~n~,;m t6crefw o. in a~y
renpea fail ~o perform, d.scha~~e, execute, effed, comple~r, co~nply wirh and ab~de by rhis covenent, o~ any part hrreof, sa~d MC~RT~AGEE may p.ace a o
pay for such ins~rance or any part thereof w~thout waiving w affec~iny •ny opt~on, i~en, equ~ty, or r~ghi under or b1 v~rtue of th~s -titort~a9e, and th~
f~il a:~wum of each and eve.y such paymeM shall be ~mmed~aTely due and paysb:e and shau bea~ interesT from ~he dafe thereof unii~ pwd a~ fhe raro oi
n~ne per ~tnt~m per annum and io~erhrr v.~fh s~ch inre~est shai, be secured by the iien of thSS mortyage.
To permit, commA o? suffer no waste, impairmem or drter~oranon of sa~d property a any pa.t tlureof.
5. To pay all and aing~lsr the costs, charges and e:pe~ses, ~nciud~ng a rcasonable atto~ney's fee and costs of abst.acts of ti~Ie, incurred or pa~d at
a~y time by sa~d MORTGAG:E, beca~se or in the event of the faJure on ~he part of the sa~d MORTG/~GOR eo duty, pro•-~pt1y and fu:~y pe~fwm, d~scharge
~~ecure, effect, comp~ere, compiy w~th and ab:de by each and every the st~pvia~~ons, egrerme~ts, cond+~~ons, and covrnants of sa~d p~o:n~ssory note and ih~i
,,o~rgage any w enher, and sa!d cos~s, cha~ges and eapenaes, each and every, ahall be immed~a~ety due and payable; whether w nof ~here be ~once d~
mand, atrempt to cof,ect or suit pend~nq; and the ful) arn~uM of each and every s~ch paymem shall bear intcres~ from the da~e ihereof unr~l pa~d at the
~.•te oj nine per cent~m pcr a~v~u~n; onc' all said costs, cr.arges and expenses ~ncurred w pa~d, togetner w~th wch interest, shail be secured by the I~tn of th~~
mort9age.
6. That (a) in the event of any brexh of this Mortgage or defau:t on the ps+t of the MORTGAGOR, or ~b) in the evem ~ny of ta:d sums of money
he~ein referred to be not promp~ly and futiy paid w~fhm th.rfy (3Ji dais nex~ a~rer the sa~ne serera'!y beco~e d~e and payab!e, w+~ho:,r dema~d or nonce.
x ic) in the evem eech and every the sripu~arions, agreements, cond~s~o~~s and covenants o! sad p~om~ssory rau Snd th,s mo:tgage any w e~~her a~e no1
i,,ly, promptiy and ful:y perfo.•med, d.xharged, e:etuted, e+ietted, cornp~eted, compl:~d w~fh and ab~ded Sy, then in e~ther w any w.h event the sa~d ag
~•egaee sum mero,oned in sa~d prom~ssory nore then remaln~ng unpa~d, with imerest acuued, and a~i moneys secured hereby, s!:all ecome d„e and pay-
e::.e forthwith, or fhereatter, at the opr~on oi sa~d h50RTGAGfE, as f~lly and compiete;y as if ali of ~hr sa~d s~TS of money were o~~fl~na,ly snpu:ated
To be pa:d on such day, anything in sa.d prom:sswy note or in th~s Morfgage to ~he con~rary nor,~~ihiTand.~~g; and thereupon or ~herea4ser at the op~~on of
s~ d MORTGAGEE, wrthout no~~te w demand, sun at iaw or ~n eqv~ty, ~herefore or thereaher begun, may be prosecuted as if all moneys setured hereby
r.=d matuted pr~o~ f0 +ts inst~tut~on.
7. Thaf in the e.•enr that at rhe begin~fng of or at any ~ime pend~ng a~y surt upon this Mo+tgage, w to fo.edose it, or fo reform it, o~ to enforce
~aYm,ent of any ciaims hr.e~ndrr, aa~d MORTGAGEE sha;t app!y to the Co.:r~ ha~ing ~ur~sd~ct,on the~eof (or ~he appo~r.tment of s Receiver, s~ch Co~~t shail
rc ~~h„viTh appomt a rece~ver af said mortgaged property afi and s~~gvtar, inc;vd ~g a:i and s~~.gu ar me iecome, proi,!s. ~ssues and reve~~ves from whatzver
sc~•ce derived, each and every of wh.ch, ~t be~ng express!y unde~uood, ~s hereby me*~gaged as ~f spec~lice~~y set forth and destnbed in the g•anf~„g and
hanendum cia~ses hereo!, and such Rece~Yer sha~i have ah the broad and ef`ecT:ve fun~~ ons a~d powers m anyw~se entrusted by a Cou~t ta a Receiver, and
s_ ch appointmenf sha1l De made by wch Co„rt ns an ad~++~ned eqvity and a m.atter of abso~ure r,gM ro sa~d MORTGAGEE, and w~;hout reference to ~ne
edequacy or inadequacy of the val~e of rhe properry mo•igaged or ta the sc~:vrncy or ,nso..ency of sa~d MORTGAG.`~R w ihe defendanrs, and that svch
;~•*s, profi:s, incmne, nsues and revenues shaii be app+~ed Dy svch Rece+ver accord,ng :o the tien or equiry of said MORTGAGEE and the pract~ce of s~ch
Court.
B. To d~!y, prompt!y a~d ~utly pe•fo~m, d~stharge. execute, effect, compiete, cemply w~~h and abide by each and every the stipufations, agrrements,
nditians artd covenanrs m sa.d promisso-y note and th~s mortgage srt forrh.
9. That in the eve~t the ownersh~p of the mortgaged pre+r,~ses, or any part ti,ereof, becomes vested in a pe~wn other than the MORTGAGOR, the
;~~RTGAGEE, its s~ccessors and asz~gns, may, w•~=havt nonce to the VORTG~~R, deai w~th such successw w successor in interest wirh referonce ?o this
~•~gage and ihe deb~ hereby sewred ~r, the same manne. as wi:h Alortgagor w,iho~r in any way vit:ating .x d~sc~arg~ng the Mortgagors' 1iab~lity herr
.^der w upon the debt hereby sec~red. No sa:e o~ the Frem~ses h~reby mo~tgaged and ~o Forbearance on the part of the /1~ORTGAGEE or its successors
c~ ass~gns and no exrensron ot rF~e fime fo+ ~he payment of the debf hereoy secured g~ven by tF~e MORTGAGEE o~ its s~ccessws or ass:gns, s~~all operaie
ro re~ease, d~scharge, modify change or affect the o~~g~nal l~ab.;.ry of the MQRTGAGOR herein, e~tFur in whole w in part.
!0. is s;.rc:f~ca!ty agreed that ti-r.e is of the essr.•:e of tF.~s co~':ac: a-d lhat no waiver of any e~!~gat:on hereur.der or ef the ob!i~al:on se-
c:•ed hereby sha:~ at any tim~ thereafier be heid to be a vra~ver of th- terms hereof w of the instrumem sewred herby.
~ 1. In add tio~ to tfie foregc ng month~y payments of pr~nc pai and interest reqa~!ed by the prom:sscry no'e sewred hereb~, mortga~or toYenants
~ ag.ees to pay ~o m~-+gagee v~~r?e each ~non~h y raT~..enf an add:~~onai s~m csr.~, ated br morgager to be eq~a! to 1, 12 ot the anr,ual cost of the foliow-
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P A-AIt rea! property tawrs levw~ or assessed aga~^st fh~ aboee described reat es?ate.
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B-Fre~~•~~~r,s on f,re and vvindstyrn ~nsv~a~ce as ne•c~~ req~.red to be carned en the :mrroveme~ts s:tuate on the above desc~~bed prem~ses.
s C-Prem~ums o~ wch mort~„ge guarar.ty ir.surance as mortgagee shall froT t me to t~~ne deer-~ fit to carry on the loan secured hereby.
Mortga~ee shail 'rom t~me to h~e not~f~ mo-rgago. ~n wrrt~ng of the a~r.o~n* d.se and payable here~ndrr and such surn sha11 thereupo~ be due and
; _.~.abie on the due da!e of the next month y payment and eoch wccess~ve T.onsh tnereaftcr ur.fii mortgagee shaN not;fy mortgagor o1 a change in such
= o~nt. Such sums s~.a:l be appi~ed by mortgagee to~ard the payment of reai property taxes, ins~rance p~em'ums, a~~d mortgage guaramy insurance
r ,.~emiums.
~ IN ~NITr~ESS YlHEREOF, the sa~d MORTGAG02 has hereunto set his hand and sea! rhe day and yeyfirst aforosa~d t_~~I~'~'~~
~ Signed, Seated a~d delivered in the presente of:
< a0
~ .l ho~s J. B~ ek t5estl
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' . ~ . s~aq
~ - - ~ ~ ~ Gzace Ann Beranek t~ai~
s~
~
' ~?tiTE OF fLORIDA ~
~ $t . I.t1C1Q ?
; JUNTY OF 1 ;
e~fo.~ ~ a.,~~au'y appeared ?hoaas J. Bezanek ~„d
~
Grace /~llA Beranek his wiie, to me well known e~.d knovyn r~is to b~
~ •he individuals desvibed in •nd who executed the foreyoing instrument, and acknowtedged before me that they exetuted the same idi't~x.p~rpOSti
rhe-ein expressed. And the sa~d_ Grace AIID Beranek •
.::fe of the sa~d ?hoaaf .J. Beranek opon 'si4pa~atr sn~ pnvlr~.
_ e.aminat~on oy me taken separate and apart from her sa~d husband, ackrwwiedged to and before me that she execufed uid insxuw+er0 fr~e~y and roT~ln-: _
a.:ly and w:thout any compu's~on, constraint, apprefh ns~on, or fear of or from Fxr said husband. . : "
WITNESS my hand and offiual seal this__ "r~ _ day of ebzV~ ~ ~ fu D~ 19'~2 ~
~a , .
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N y PubGc i~ a or the St o da at {~~e ' ~ F
C~' Comm~ssion e ires:
Retvrn To: P ~ -
_ Firat Federal Savings 3 loan Assx~at,on 2~%339~
_ Oc :o•t P r~ce } - 7~~
i - ~
- Fort P~erce. Fi_~r;da f~LEC o=^CROEO
ST ± liC ~ ,;+iTy F?A.
URT
Rc~r: - ,r. c r~
This Instrument Prepared By John 4h, Collins ~
First Federal Savin s 8. Loan Association /
of Fort Pierce ~ Floiida FEB l I 2s PH l~,~
- . ~ ~l/
Checked By - -
F~
_ - auac ~99 r~13?S
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