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Home My WebLink About1735 . , 3. To place and continuovsiy keep on the buitding~ now o~ hsrsaf~~r situ+is on said lar~d and o~ ali equipment and perso^~Ily covered by this ma ~y~, with ~I) prsmi~ms thereoe? pa~d in (ull, tire insurancs in ~he usuat standard policy form, in a sum approved by tha MORiGAGEE, and wirxlsto insursnce in the usual standa~d po~~cy twm, in a sum ~pproved by' the MORTGAGfE, in tuch canpany a compsn~es as tM MORTGAGEE m di+ed; ~nd all firs snd winds~o~m iosurance policies on any of said build~~gs, any interest therein or part thereof, in the a~9repate sum ~toresaid in exceu thereof, ihall con?ain ths viual standard mat9agee cla~se a such other clauss ~s ths Mortgages may requ~~~, m~kirp ths loss unde+ sa,d po ciei, each and every, payable to said MORTGAGEE as its interest may ~ppear, and each and eve~y such poiicy sha11 be p~omptly •ss.yned and delivered ~ eny held by said MORTGAGEE as further sec~rity to said mortpage debt, and, no1 leu tMn te~ (10) days in advance of the eapi~ation of each policy, to d~ liver to taid MORTGAGEE a renewal thereof, togethe~ with a rece~pr fo. rhe p.em~„m of such ~enewal; and there sFwll be no f~re a wind~torm insur~ec plated on ~ny of taid buildings, any intereit thKe~~ or part thereof, unless in the form ~nd with ~he loss payable as afo:esaid; and in ti?~ event any sun of mw~ey btcomei payable ~nder such poliq o~ pol~ciss said MORTGAGEE shalf Mve tF~e option b receive and apply the same on accovnt oi the indebted neu secured hereby ot fo permit said MORIGAGORS to rKeive snd use it or any pait thereof for oshc~ purposes, w~~ho~t thareo~ ~vaivin3 or ~mpair• irg any equify, lien w right uMk? a by virtue of Ihis mortgage; and i~ tM ~vent said MORTGAGORS shall fa any reason fail to kcep 1he said premiies w insurcd, o~ fail to delive~ {xomptly sny of said policies of insurance to said JNORTGAGff, o~ fai! promptly to pay fully any premium therefo~ o~ in a~y reipect fail to perform, discharge, execute, eifect, tomplete, comply with and abide by this tovenant, o~ ~ny part hereof, said MORTGAGEE may plsce a~d pay for such ins~rance a any part the~eof withoul walvir+g w affectinp ~ny option, lien, aquity, o~ right unde? w by virtw of this Mo?tgags, and fhe full amoun~ of each ar+d every ssxh paymenf shall be ~mmedi~tely due and payable snd ihall bear i~te~est from tF+e date ~hereoE un~il pa~d at the rat~ ol nine per ce+~tum per annum and to~ether with fuch interest shall be setured by tM lia? of this mtxtgage. t. To permit, commit w sutfcr no waste, impairment a deterior~tion of said property a any part thcreof. 5. To pay all s~d sinpulu the costs, cha~ga and expenses, includinp a reasonsble attor~ey's fee and costs of abstrad~ of title, incurred or psid at any fime by said MORTGAGEE, becaux a in the event of the failure on 1he part of the said MORTGAGOR to dvly, promptly +nd fully periorm, diuharge, execute, effed, comptete, comply with and ab.de by each and every the atipulafiorts, agreements, conditioos, and covenanq of said promissory ~ote a~d this mortg~gs any or eithe~, and said costs, cMrges and expenses, each and eve~y, shall be ~mmediately due and payable: whether a not there be notite de- mand, attempt to rnllett p tuit pe~dir?9; anc! the full amount of eath and every suth payment shall bear iMerest from 1F?e date thereof until peid at the rare ot nine per cantum per an~wm; and all said costs, charges and expenses incurred or paid, togeiher w~th such i~tcres?, shall be setu~ed by the lisn oi thil morlQage. Q. That (a) in the event of u~y lxeach of this Mortgage or defsult on the part of the MORTGAGOR, a(b) in the event any of said sums of money herei~ referred to be not promptly and fully paid within thirty (30) days next after the same uveratly bccome due and payable` withovt demand or nolite, or (c) in the event each and every the stipulations, agreements, conditions and covenants of sa:d promiuory note and th~s m«tga9e any u either are nol ~uly, promptly and fully perfwmed, dixharged, executed, e(fected, compteted, compl~ed with and abided by, then in either w a~ryr such eveM the said ag gregate sum memaned in said promiuory note then remaining unpaid, with i~terest acuued, and aU moneys set~red heteby, iKall betome due ~nd pay~ abie (orthwith, a thereafter, at the option of said MORTGAGEE, as fully and completely as if all of the said sums oF money we~e aginally afipulated to be p++'d o~ such day, anything in sa:d promissory note w in this 1Nortgage ro the cont~ary ~otwiMstsnding; and therevpon or thereafte~ at !he op?ion of said MORTGAGEE, withouf norke or demand, suit at law or in equ~ty, therefore or thereafter begu~+, may be proxcuted as if all mwxys aecured hereby had matured pr~o~ to its institution. 7. That in the eveM that at the beginning of.or at any time pe~dirg any suit upon this Mwtgage, or to fwectoae if, or to refo~m if, or to enforca payment of any claims hereunder, sa;d MORTGAGEE shall apply to the Court having j~risdiction thereof for the appantmeM of a Receiver, such Court shall Fathwith appoiM a receiver of said mortgaged property all and singular, includ~ng aIl and singular the income, pro(its, issues and revMues irom wF~ateve~ source derived, each and every of wh~ch, it being expressty ~nderstood, is ixreby mortqage~i as, it s~ac;t:cai;y 3zt farsh sr.t! described 'ea thr grant':ng a~d habendum clauus hereof, and such Receivev shalf have all the broad and effective funct~ons and poweri in a~ywise ent~usted by a Court to a Receiver, and such appointment shall be made by such Court as an admitted equity and a rnaner of absolut~ right to said MORTGAGErt, and wirhout refere~ce to the adequacy o~ inadequacy of the value of the property mortgaged or to ~he solvency a insolvtrnty of said MORTGAGOR or the defendants, and that such reros, ptofih, incane, iuves and revenues shalt be applied 6y suth Receiver accwdi~g to tlx lien w equity of said MORTGAGEE and the prattite of suth Court. 8. To duly, promptly and fully perform, d~xha?ge, execure, effcct, complete, comply with and abide by esch and every the stipulations, agrcements, conditions and covenanu in sa~d promissory note and this mwtgage set forth. 9. ihat in ~he event the ownership of the mortgaged premises, or any parT thereof, becomes vested in a person other ihan the MORTGAGOR, the MORTGAGEE, its successors and assigns, may, without norice to rhe MORTGAOR, deal with such succeuw or u;ccessor in interest with reference to this mortgage and the debt hereby secured in the same manner as with Mortgagw without in any way vitiating or dixharging the Mortgagors' liability here- unde? or upon the debt hereby secured. No sale of the Fremises hereby mortgaged artd no fortxarante on the part of the IHpRiGAGEE or its successors or assig+es and rro extension o1 the time fw the payment of the debt hereby secured given by the MORTGAGEE or its successors or au~gns, shall operate ro release, d~scharge, rtwdify change w affect the wig;nal liability of the MORTGAGOR herein, either in whok or io part. ' 10. It is specifically agreed that time is oi the e:sence of this contract and that no waiver of any obligatwn he~e~nder or of fhe obligation se- cured hereby shall at any time thereafte~ be held to be s waiver of fhe terms hereof w of fhe instrumeM secured herby. 11. In add~tio~ to the forego:ng mw»hly payments of princ'pal and interest required by fhe promissory note secured hereby, mortgagor tovenants .:nd agrees to pay to mortgagee vvith each monthly payr,~ent an add~~ional sum estimated by mortgagee to be equal to 1~`12 oi the annual cost of the follow- ing: _ A-Ait real properry taxes levied or assessed againsl the above deuri5rd real estate. B-Premiums on fire and windstorm insu~ance as herein ~equ;red to be carried on the improveme~ts situate on the above dsscribed premises. C-Premiums on such mortgage guaranty ins~rance as mortgagee shal) from time to time deem fif to tarry on the loan secured hereby. Nbrtgagee sfiall from time to time notify morlgagor in writirg of the amount due and payable hereunder and such sum shall thereupon be due and Fayabte on the due date of the next month!y payment and each successive month thereafter ur.til mortgagee shall notify mortgagor of a change in such amount. $uch sums sF.atl be applied by mortgagee toward the payment of real property taxes, insurance prem:ums, and mortgage guaranty ins~rance premiumt. IN \YITNE55 WHEREOF, the said MORTGAGOR has hereunto xt his hand and seal the day and ear first afore ' ` - Signed. Sealed and delivered i e presence of: n v"~l.J`- en ~ ~ Oleksyn ' 8~ ? Aa es T. Oleksvn ts~ap ' SiATE OF FLORIDA ~ courm oF St . Luc ie Befwe me perwrwlly appeared John Oleksvn - a~ Aanes T. Oleksyn his wife, to me well known and known to me to be the indivitivais described in and who exetuted tfne foregaog instrument, and atknow~c~~.i .~,atwe - Sha! :k; y--~•!s•! frrr ~?,w €w~ose~ ~ rherein expressed. And the w~d Agnes T. Oleksyn F w~(e oi the ~aid John Oleksyn upon a separate aad prnrst~ examinatwn by me taken sepsrate and apa?t from her said husbar~d, acknowledged to and befwe me that she executed said instrument freet~r and volurr rar~ly and without any compulsion, constraint, ap~~s~ ~or fear of or from her said Ausband. WITNE55 my hand and officiat seal this ~C ~1~ dsy of - ~ . ,'"~/1. D: • 19 72 Notary Public in and t Stat Flor' _ ,Lsryc - My Commisi pires: 1'Z ~ f - - Return To: . ~ ~ ~ Fint fedenl Savings 3 toan Association ~ ' Of Fort P:erce. ' ~ , Fort Pierce, Florida ~1 4~1 ` F?~.EO e,r,~ ~ECOa~~ ~•?r~"•~ ~ ST. LUC1E COUNTY qOCEF F01'+RAS ~ ClEax Ct=CUIt COURT(~ This Instrument Prepared By .)ohn W. Coll~~ppqDYER1~lED.+y First Federal Savings ~ loan Association of Fort Pierce , Florida Yw 2~ " y(~ ~~~Z ~ ~7R1 Checked By 229889 ~oo~ ~1~~ ; t_ , ~ - - . , " i