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HomeMy WebLinkAbout2010 1' i ~ + To pt~c~ a~d co~~~mro~+•i~ ?..v on ~M b.,~ d~~q~ nOUr W hNl~11N M1WN 0~1 NiII 1~~ ~nd On ~1~ ~a„~p~em «+d p«w~.n~ cow+.d br ~wo? p~. w~th ~11 p~~miw..~ ihcreon pa~d M ~YI~, I~t• Mw.~nc~ ~n e~?e ~swi u~rd~rd pofKy fwm, in • s~m K,prowd b~ ~M MOR~GJ?GEE, ~nd w~nd~w ~nw?N?c~ in ~h~ uwd ~~~ndard pol.cy lam, in • sum ~pro~~d Oy rM MORiWIGEE, ~ wcA caop~ny a compan.~s ~s tht MOt1Gl~GEE ~w d,~eaJ ~nd dl lir~ a+d w;nd?ro.n? i~s~r:~~. r.:~ces on ~ny o1 s.~d bvjW~„ an~ coN.ar ~h«•M a Ps.~ Me..o~, in Mv app~e~?a ~w~+ ~taesad ~n ~uess ~he.eol, tAall conrain ~M uswl i~~,+da+d mor~yaqN c~uN a wd~ WM~ cl~uq a ~M Ma~ppe~ m~y .equu~. m~?inq U» lost u~de~ ~.~d po c~si. ~acA and ~vky. paYaW~ b~a~d 1NORiGAGEE as ~ts imaasst nwY ~ar. ~nd tach and ~ve~y wch po:~cy sM1l b• pompuy •a y„ed ~no dst~ve.ed ~ ~ny Ikld by s~id MORtGAGEE as funi+~. ~ecu~~ty to s~id mwt~aq~ daW, a~+d. ++a !ew ~twn Nn 1101 days ~o ad~anc~ of ~M ~apu~twn ol ~~ch po1Ky, ro d~ I~w~ ~o uid MORTGAGEE • r~nrwal thereof. ~oqe~iw~ with • nce~pt fw /M p~miww at i_~A ?a~ewal; ~od ~h~r~ shatl b~ no fu• o+ w~.+ds~am insu.~ec plac~d an ~ny of sud bvild~~gs, ~~y inlHHt IhHfi~1 M p~n th~.~of, unles~ in ~M form Md w~+h tM loss payabtt ai ~(a~~id; u+d in ~M ev~m ~ny sun of moeKy becpmy p~yable w+d~r ~uth polity w polKies taid MORTGAGEE shall Mw tM op~~on w raceive and apply the samt on ~ccovM o( tM indebtrd neis iecu~ed he«by p a permit s~~d MORiGAGORS ~o ~eoeiw and us~ if a any ps.t thereof fa otiticr pu*HOSrs, .v~~iwut ~hN.ut we~~~~~~ c• .«<p.~~ in9 ~ny ~qv~ry, lien a righ~ uoder or by virtw of thii morrqp~; and in tM evMt ~a~d MORTGAGORS shall for ~ny reawn fait ro keep the a~d pa*~~ses w insured, a fail w deliva promp~ly ~ny of aaid policies of i~ivr~nc~ to uid MORIGAGEE, a fail promptly to pay fully ~ny pre~n~um thercfw a u+ any respect fail w pe.form, diuh~rge, execute, effecf, compkte, oompfy wi~h N+d abid~ by th~s covs~anr, or any pa~~ F~e~eof, sa;d MORTGAGEE may place a~+d paY fw such lnsui~nc~ w~ny parl the.eof w~thou~ waivinp w~ffectuq any op~ion, lia?, puity. or ?~gh~ undK a by virtw of ~his Matqaps, and the full ~mount ot each and ~very s~ch payment shall bs imrr+edNtely dw and p+yabN and shall bear intMl71 frpn the dat~ thereo( unril pa~d ~t ths rue ol n~ne per cenrum pe? annum and rogether wirh tuch inrerest sAall bs secured by th~ lien of th;~ mor~9age. 1. ~o pNm1t, commit or suffer no wast~, impairment o~ deteriaatan oi sa~d property w ~ny puf thereof. ! S. To pay all a~d sirgular the costi, charpes uw! experur~, ?-~-u~~n a rcasonabla attorney i fee and costs of abstracts of title, incvrred w paid at any time by wid MORTGAGEE, becavse or in the event of ~hs failure on ~he pan of the iaid MORTGAGOR to duty, prompHy a~d fvlly peafam, d:xharge ~ ezecute, effecf, comptere, comply w~th and ab:de by esch a~d every the stipula~wns, agreemenrs, conditiw?s, and covenants oi said prom~ssory ewte and this mw~gage any or e~~her. and taid costs. cMrgea ~~d eapenses, each and every, shsll ~ e~vn~diatdy due ~nd payable; wheeher w ~o~ ~here be nofice d~ ' [ mand, ancmpt to collect or wit pend~ng; and the fuN amou~t of ea:h a!~ e+~ery wch payment shall bea. iNeresl from the d~te thereof until psid at the rate of nine per cantum pe~ an~~um; and all said costs, tharges and expenzes ioturred or paid, together with such iNerest, shall be s~cured by the lien of t6is morfpage. 6. That (a) in the event of any breacfi of this Mortgage w default on tM part of the MORTGAGOR, or (b) in tMe event any of ss;d sums of naney herein referred to 6e not prompdy and fully psid within thirry (30) days neat after Ihe same severally becane due snd payabk, without demand or notice, or in the event exh and every t}K stipulations, agreements, cond~iions and covenants of sa:d prqmissory note and th~s mortga~e a~y o~ e'+the~ are nol iuly, promprly and fully performed, dixharged, execu~ed, effected, completed, compl;ed wifh and rbided Sy, then in either or any such eva?t the said ag gregate wm mentioned in said prpmiuwy note the~ remaining vnpaid, with interest acuued, and all moneys setured hereby, shall betortro dw and pay- ebte fwthwith, w thereafter, at the opt~on of said MORTGAGEE, as fvlly and completely as ii a!I of tF+e said s;.~ms of money were aginally st~putated ro be pa~d o~ such day, anything in sa:d promiuory note or in this Mortgage to the conuary notwi~hs~arding; and thereupon a thereaher st the option of said MORTGAGEE, without notice w demand, suit at law or in equity, thcrefore w thereafter begun, may be prosecvted u if ill morrcys secured he~eby ( had mitured pna !o iri institutioo. ! 7. That in the event ihat at the beginning of or at any time pendiog any suit ~pon this Mwtgage, or to fweclose it, w to ~eform it, or to enforoe F paymeM of any claims hereunder, said. MpRTGAGEE shall apply to the Court having jurisdiction thereof for the appointment of a Receiver, wch Covrt shsll forrhwith appoint a receiver of said mo?tgaged property all arxl singvlar, irxlud~rg atl and singulu the ir?come, proiits, issues ~nd revenues f~om whatever seurce derived, each and every of whKh, it beir~g eYpressly urKkrs~ood, is hereby mwigaged as if specifically set fa~h and dewibed in the y.~ming and habendum dauses hereof, and such Receiver siwll have all the brosd and effecrive furrct~ons a~d powers in mywise entrusted by ~ Cou~t to • Receirer, and such appointmeN shall be made by such Court as an admitted equity and a matter of abiolute right fo said MORi(3AGEE, and witiw~t reference to fhe adequacy or inadequacy of the value of the property mortgaged w to the wnrency o? insolvency of said NWRiGAGOR or rhe defepdartts, and ~hat wch renrs, profin, incorne, issv~s and ~evenues shall be applied by ,sucA RKeiver accordin~ to the lien w equity ot said MORTGAGEE and the prattice of such ~o~~. . , b,,, - ~ _ ~ 8. To duly, promptly ar+d fully perform, diuharge, execvte, effect, mmplete, comply with and abide by esch and every the stipulations, agreements, ~ ~ conditions and covena~ts in sa~d promissory nore and this mortgage set fwth. ~ 9. That in the event fhe ownership of the rtwrtgaged prem{ses, w any part thereof, becomes vested in a penon other than tl+e MORTGAGOR, tF+e ; MORTGACaEE, ib succeuors and assigns, may, without notice to the MORTG/iOR, deal with such succeuw or successor in intercst wifh reference ro ti~is mortgaye and the deb~ hereby secured in the same manner as with Abrtgago~ without ~n any way vitiating a d~scharging the Mortgagws' Iiability herr under or upon the debt hereby secured. No sale of the Fremises hereby mortgaged and no forbearance on the part of the MORiGAGEE w in suctessws or auigns and no extenswn of the time for the payment of the debt hereby secured given by the NIORTGAGEE or ih successors or auigro, s.5a11 ope~ate to release, discharge, modify change or affect the original liability of the MORTGAGOR herei~, eitFxr in whote or ie put. 10. It is spec~fically agreed that time is of the essence of ~his contract and that no wsiver of any obligation hereunder or of the obliyation sr cured hereby shall at any time ~hereaher be held to be a waiver of the terms hereof a of the inslrumeM secured herby. 11. In add~tio~ to the fwego:ng monthly payments of princ'pa( and interest reguired by fhe p~om~ssory rwte secured hereby, mwtgsgor covenants ; and agrees to pay to mo:tgagee with each monthly payment an add~rio~al sum estimated by mortgagee to be equal to 1/12 of the an~ual cost of the follow- ing: ' A-All real property taaes (ev~ed or assessed against the above deuribed real estate. • B-Premiums on fire and windstorm inw~ance as herein requ~~ed to be canied on the improvertie~ts situate on the above desuibed premises. C-Premivms on such mortgage guaranty irsurarce as mortgagee shall from time to time deem fit to wrry on the bao secured hereby, Mortgagee shatl (rom time to time not~fy nrxtgagor in writ~~g of the amount due and payabk hereunder and such wm shall thereupon be due ard ~ayable oo the d~e date of the next monthty paymenf and eath wccessive month thereafter until mwtgagee sha!! notify mortgagor of a tF~arge ~n wch a•nouro. $uch sums sF.aU be applied by matgagee toward the payment of real property tazes, i~surante prem;ums, and mortgage guaranty inwrance premiums. ~ IN WITNESS WHEREOF, the said MQ GAGOR has reunro set his hand and seal the day and r fint sfwesaid. Signed, Seakd and del' in the esence of: I_ e~ !t/'~.K~f . tl ~ n . ~ SiATE OF FIORIDA ~ COUNTY OF St. L11Cle ~ Befwe me personally appeared Peter Burganowski and PZIS/~I1S B. Burganowski his wiie, to me well krawn and known to me to be the individuals d~scribed in and who executed the foregoing instrwnent, and sdcnowledged before me tMt they exscuted the same fo? tf~e purposes rherein expressed. Md the sa~d Phvllis B. Bur4ano~rski wife of the said Peter BuraanolrS~C1 a~~ eRami~ation by me taken separate and apart from her said husband, adcrwwledged to snd before me that ahe executed said irutra~~}~y,pd v~o~kw~ tarity and without any compuls'an, tonstraint, appr hens' w fear of w fram her said husba~d. s~.- "r - WITNESS my hand and official scal th~ ~ day of A ril ''3 ~ ;°_i q . ~ - x ~ s . s =k Nof Public in and ( fhe aR ~~`i.2 My iuion expira: • f' ~ c•, . Return To: ~ NOTARY PUSUC STATE QF FLOWOf~~ . ~%t-~,- First Federal Savings d~ loan Association MY CO::.l:~t~SfCN EXYI~E3 F.~L^.R. Of Forr P~erce_ " GENERAL INS1JitANCE l1N[ N= R M I R~ E A~ r y'~-vc.- _ t,~~-~ fort Pierce. Florida - • ' ~ r tE0 ~NO aeCOROEO ~ t~, uc~E couNtr F~~. This Instrument P~epared By Richard K. Kayes ~06ER P'~?TA1?S ~ First Federal Savings b loan Association CLEItK C~~~~~t COUNT of Fort Pierce , Florida RECORD ~E~tFIED cn~ked s,?~_ ~ t5 2 37 Z . ~+28034 ~Z01~ ~2008 ~ ~ . _ . . ~ ~ ~ ~ ~-f ~