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Home My WebLink About0955 3. To place and cont~nvoosly keep on the b~~'d~ngs now or hereafter s'~~~ate on sa~d tand and on a~t eq~lp~nent and pe~sonatly covered by ~his morrg- . ege, w~th all prem~ums ~hereon pa:d m f~ll, ihe inwrance ~n ~he usual sta~.dard pol~ty iorm, in a s~m approved by thr h10R~"vAGEE, and wi~dstorm ~nsuronce :o Ihe uwal st~ndard po1•cy torm, in a sum approvad by ihe A10RTGAGEE, in such company o~ co~n~;an~es as the R'IORTGAGEE may d~rect; and all fire aod w~~~Jsrorn, ~nsurance po,~c~es on any of sa~d bu~idmgs, any interest rhe~e~n o~ pa~t ~hereof, in the agg•egate s~n. aforesald or in excess Ihareof,- shall coni,~~n rhe ua~al sfantiard mo~cgag~e dause o~ suc~ o~her da~se as the Mortyayee may requ.re. roeMing t:~r ~ess undr~ sa~d pol6 cies, each and every, payab:e to sa~d 6tiJRTGAGEE as ~rs interest may appear, and each and e~ery wch po'~cy shall be prom~,Uy assy~~cd 3~~d de:~~ar..~d ~o any hNld by said h10RTGAGEE as fu~ther s:c~rity to said mortgage dcb~, and, no? less ~han Ien 1101 days in ad:ance of ~he exp~rat:on of each policy, to da- Gver to said MORTGAGEE a renewal the~eof, toge~her with a rece~pt for the premium of such renrwa~; a~d thrre shall be no f~re or w~~~dsto+~n ~nsurance plated on eny o) said bui!d~ngs, any interest fherein or part thereof, unless in ~he form and with the toss payabfe as afc~eia~d; and ~n the e~ent any sum of money becomes paya6le under wch policy or po~:cies said MORiGAGEE shall have thr op~~on to rece~ve and appiy t~ia sa•ne on accovnt of the i~~J~•i:t~•d- ness secu~ed he.eby or ro pennrt sa~d 180RTGAGORS to receive and use it w any p~rt the:eof for o;n~r ~,~~;.sses, ...~~~_.:r th,•,.~r .y~•~~ :d ~'''P~~~'• fng any equity, lien or right u~der or by virtue oi ~his n:o:'gage; and in the event sa:d MORTGAGORS sh~l1 for any ~ea~on fail to krep ~~~e sa~d p~cm~sa~ so iniured, or fail to deliver prompily any of said policies of in:urance to sa~d MORTGAGEE, or fai! p!omptly to pay f~„y any pre•n;u~n ih~:rfor or ~n any respect fait lo perform, d~scharge, rxeiute. e4fe:t, comp~ete, comply wirh and abide by th~s covenant, or any p~n hereof, sa~d MUR~GAGEE may p~ate a^e pay for such insurance or any part thereof without waiving a affec~ing any option, lien, equ+ty, o? right ~nder or by v~rtue oi ~hi: Moregaye, and the full arnouM of each and every such paymen~ shall be immediateJy due a~d payable and shall bear interest from the date thereoi ~n~;l poid at the ~a~e ol ~~~~e per cenwm per ann~m and ro~rth~-r wrth such interrs~ shaU be sewred by the lien of this moitgage. - 1. lo permi?, commit o~ suffer no wasfe, impairmct~t or deterioration of said property or any parl thereof. , 5. To pay ail and singular the costs, charges and expenses, including a reasonable altorney's fee and cosrs of abstrac.s of t~tte, incurrzd or pa~d at ar,y time 6y sald MORiGAG:E, because w in the evenr of the fa~iure on the part of the said h10RTGAGOR ro duly, pro.»prly and f~iiy perform, d~schnrge :xetute, effett, canpteta, tomply w~th and ab.de by each and eve~y the atipulanons, agreements, conditions, and tove-~ants of s3id p~omissory note and th;s -noregage any or e~~her, a„d sa:d costs, charges and expenses, each and every, shall be immediately due and payab!e; whe~her or not !hrre 6e notice da mand, attempt to colled or wit pend:ng; and Ihe fuil amount of each and every such paymem shall bea. interest fro.n ~he dete thueot un~il pa~d at fhe r:~rr of nine per crnt~m Na~ an+~u:n; a~~~ all sa~d covs, chaiges and expenses ~ncurred w paid, tog~~her w~th such imerest, shali be sec~red by the i~rn of th~f moregage. I b_ That (a) in the event of any breach of this Mortgage or default on Ihe part of the h!ORTGAGOR, or ;b) in the event sny of sa;d sums of money herein referred to be not pranptly ar.d fully paid ~n~~hin th~rfy (30) days nexf after Ihe sarr.e severa'ly become due and payabte, wi~hout derr.and or na~~ce, or ~c) in the event each and every ~he stipu:ar~ons, a~reeme~~ts, conditions and covenams of sa.d pro~nissory note and tt~,s mortgage any or e~ther a.e not i:,1y, promp~ly and fu~ly pe.fonned, d~scharged, eaec~ted, effected, compteted, com~Ged with and ab~ded by, then in enher o~ any such event the sa~d eg ~regate sum ment~oned in said pronussory note then remaining unpa~d, w~th imerest acuued, and a:t monzys secured hereby, Shall ~KOme due and pay- ab!e forthwith, or thereaftcr, at the op~~o+~ of sald MORTGAGEE, as f~ily and completely as if all of the sald s~~:ns of money v.•ere o~~g~na~ly sr~pv.ated ~o be pa~d on such d.:y, anything in sa.d pro:n;ssory note or in this Mortgage to the conrrary no~.v~~hsrand~ny; and thereupon or therrafter at the op!~on of s e.d MORTGAGEE, without not~ce or demand, w~t at law or in eq~ity, therefore or thereafter begun, may be prosecuted as if aIl moneys secured hereby n~d matured pnot to As ~rstiWtion. 7, That in the event that at the beginning of or at any ti~ne pending any suit upon this Mortgage, or to foreclose it, or to reform it, or to enferce payment of any claims hereunder, se~d MORTGAGEE shall apply to the Coun having junsd~ct~on thereot for the appointmertt of a Receiver, such Co~rt shail fcrthwifh appoint a re~eiver of said mortgayed property all and singular, inc;ud~ng ait and singu~ar the income, prof~ts, issves and revenves from whatever so~rce derived, each and every of whrch, it be~ng expressly understaod, is hereby mortgaged as if spec~fically set forth and descnkxd in the grannng and habendum cla~ses hereof, and such Receiver shall have all the broad and efiect~ve funci~o~is and powers in anywise entrusted by a Court to a Receiver, a~:d s.ch appointment shall be made by wch Court as an admitt~d equ~ty and a matter of absolure righi to said MORiGAGEE, and wishout reference to ti,e adequaty w inadrquacy of the value of the property mortgaged or to the sa:vrncy or 1n5G:VCRCy of sa~d MOR+GAGOR w the defe~~dams, and that such ren~s, profits, income, issues and revenues sha~l be applied by such Rece~ve~ ac:ord~ng to the lien or equity of sa~d MORTGAGEE and the pract~ce of such Courf: 8. To du1y, promptty and fully perform, d~s:harge, execute, effect, complete, comply w~~h and abide by each and every the stipuiations, agree~nents, :ondit~ons and covenams in sa~d promissory nore and th;s morrgage set forth. 9. That in the event the ov.•nership of the mortgaged p~ernises, o~ any part thereof, becomes vested in a person other than the MORTGAGOR, the r,,ORTGAGEE, its successors and ass~gr.s, may, wnhout nonce to the ~UtOR(GAOR, deal wnh such successor or successor ~n mteres~ with reterence to ih:s ~ro~tgage and the d~bt hcreby secured in the same manner as w~th Mortgagor witROUt in any way vit:ating or d~scharg~r~g the ldortgagors' liabil~ty here- u::der or upon the debt hereby sec~red. No sale of the prernises hc•reby mo.tgaged ar,d no forbearance on ~he pan o~ the MORiGAGEE or its svccessors o~ ass~gns and no extensien of the time f~r the paymem of the debt hereby secured give~ by the Mt7RiGAGEE or its successors or ass~gns, a~~a!1 operate ~o re~ease, d~scharge, modify char.ge or affect the_orig~nal iiab~lny of the MORTGAGOR herein, either in whoie or in pa~t. 10. N is speclficafly agreed that time is of the esse~ce of this conrract and that no wa~ver of any obtigat~on hereunder or of the obtigafion se- cured hereby shap at any time thereafter be heid to be a waiver oi the terms hereof or of the instr~ment src~red herby. I1. In aod.tion to the fo~e9o'ng momh~•,r payments of princ"pal and intere5! re4~ired by the prom"ssory no!e secured her_b{, martgagor tovenants er,d agrees to pay to mo:'gagee Kiti~ each momhiy payr,,ent ar, adJriortal s~m esnn,ated by mortgagee to be equa~ to 1, 12 of tha anaiual cost of the follow- A-AN real property !ax~s tev{e~ or assess_•ti agai•~st thc aF~ove descr~bcd real estate. ' B- Prsn,~ums on ~ire and windstor~n insuracce as nereu~ req~:r~ to be carr~ed en the ~m; rovements sitvate on the above d:scr~bed prem~ses. C-Prem~u:r~s o~ s~ch mortg-ge guaianty ir.wrar:te as ma-~gagee shail trc:n t rne to ti~ne derm fet to cazry ort the ioan setwed hereby. A1or.g;aee s~a~l !.om t~~~ze to rE^:e notifY mortgagor [n v~rit~ng of the a~-:oc~t due and payable hereundrr and wch su~~ shail thereupon be due and h c~yabte on the d~e da!e of ~ha neat mo~th:~ payment and e~ch wccess~ve monrh tnereaf~~r until morrgagee sha!t not~fy mortga~or of a cha~ge in such i :-ount_ Such surns sha:i be app'ied by mortga^yee roi:a~d tFe payment of rra! property ta~eea, insurazce prem.ums, and mor:gage guaraMy insurance I ;xemfOmS. V ; IN \YITNESS : EREOF, the s d M~RTGAGOR has hereunto set his ha~~d and seal ihe day and year fi~st aSoresaid_ 7 j S~ , Seal snd ivered ' the presence of_ ~ ~ L ' ~ _ ' - ~ (Seal) ~~r"'~~v , t t t--Q~ (Seaq ~ _ (Seal) (Sea!) ~ - 6 ~ S i ATE OF fLORIDA ~ St Lucie COUNTY OF • - 1 Before me personally appeared John Svandrlik and _ ~ Zle C• Svandrlik his wiie, to me well known and known to me to be th~ individuais described in and who executed the foregoing instrument, and acknowledged before me that they executed the s3me for the purposes ~ rnerein eapressed. And the said_ ~ Zle C• Svandrlik _ r.~fe of ~he said John J. Svandrlik upon a sep~rate and private ~ exam~nat~on by me taken separate and apart from her said husband, acknowledged to and before me that she executed said instr~ment ireely and volun- ~ r~r~~y and w~thou: any computsion, constraint, apprehe~s: ~fear of or from he~ said husband. t ~ WITNESS my hand and offiual seal this I~' day of ~/••"Ve ~ a4 Q:14'-f~~ ~ G ~ - --j~ ~ ~ • • . ~ ` Netary Pubi~c in and for tate of flocid~.~t larp! Y ' ' My Comm~ssion expires: = r : ' ~ ' . . ~ Rewm To: -'~9 ~ " ~ '~'f - ' - c: ~ ~ : ~ First Federal Savings 3 loan Assxiatlon 1~ • t ~ Of Fort P erce. C~ •.tT . ~ fOrf Piere~, fiorida ~~03 /1. :'l~• - . F. i'. . { ~ ~.~r, . ~.2~ ~ ~y ~_~s ~ '4',~~~t1itl~t~~..~~ FILED Ah0 RECORQ~~ ' . `'~i;y~ . ~ ST. LUCIE GOUN1r 6 A. ~ •°~:~y~ ~ This Instrument Prepared By John W. Collins ROCfE P~~t?RAS ~ First Federal Savings & Loan Association CLERK CI-~~tl~T GOURt ~ of Fort Pierce~ Flozida RECO:c~ vCRtt;E~J~ Checked 8y ~ ~ a~ 9 3a aH ~~t o R 600K 2Q8 PACE 9~ ~ , js ~ - - ~ ~,c<, i ` ~ ~ '.~~s^ ~ r - ' f ~ . .q~3~'.. _ ~ _ ~ "`~o--~ E ~u.`''~'i - ~-r,~, =a~}~Y3~~ :w' . .c _ .e sh?"'~+~~~so-».~-':;a . . '~r~S~~ i~;~