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3. To piacr and con~~nuo~sly keep on the bui'dings now or hereafter ~~t~aie on sa~d land :.~~u on a!1 eq~~Hment ar.d personalty covrred by ~h~s mong-
ege, w'th all pr2miwnS th~reon pad in tuii, f~re i~~wrance i~i the vivai s~~~,d3~d po!~c,r form, cn a sum aFpro.ed by the h1UR~G:+GEE, and w~~d>>o~~~
~nsurance in tht ~sval standard po;.iy form, in a sum appro~ed by the MORTGAGEE, in SuCh co~npany or co•npan~es as the 1dORTGAGEE may
d~rec~; all fire ar.d w:ndstorm insurance polic~es on any of sa~d buiiti~ngs, any interest !here~n oi part thereof, in ~he agg,ege~e sum •foresa~d or
in excess Ihereof, shall ;ont,,in ihe usval standard mof!gagee ciause or wch other clavse as the ~1\or~gagee may ~eywre, rtiaking the ocss u~~dr~ se,d po~i-
c~es, each and every, pay~b'e to sa~d MORiGAGEE as ~ts in~erast may appear, and each and eve~r• wch poi:cy sh,:l be piomp~~y ass g~~rd a~~d deb:~~r.•d !o
any held by said MORIGAGEF as turther s_cu~ity to said ~nortgage dzbt, and, not less ~han tcn (IU} days in ad.ance oi the expua~~on of each pot~ty, to dt•
I;ver to said MORTGAGEE a renewai there~f, toge~her with a rece~pt for the prem~um o) such re^c•wal; a,d ti~rre shafl be no i~re or h~„dsto~~.+ ins~~ancr
pi~ced on any of aa~d hvild~ngs, any interest there~n or part ?hereo(, un;ess in the fonn a~~d with ~he ~oss pay~bte as aforeaaid; and i~~ the e~em any aum
of money becomes payaLie vnder such policy or poGc~es s~~d h10RTGAGEE ahail have tha oHt~on to reca~.•e a~,d app'y ~he sa~~~e on accoum of ihe ind~_±,~~d-
ness securzd hrrrby or ~o pernut sald MOi2TGAGOR$ to rec..dve and use it w any pari th~•:.•u4 `.cr ou~rr i..,r: ;;s~~s. .,,ri~~„r ih •r,.,, ~
ing any equ~ty, iien or r:ght under or by virtue of this morrgaye; and in the event fa d AtJRTG~:GURS ah~~l fo~ any reason fail to keep the sa:d pre~ms:~t so
~nwred, or fail to defiver promptly any of s~id pol~cies ci insurance to said MORIGAGEE, or tai~ riomptly to pay fu~!y any pre~n~um thrr~tot or ~n a~~y
respea fail ~o perform, d~scharge, eaecutr, eifect, canplerr, co~nply wi~h m~d ab~de by this CCd2f~d~lt, w any part h_reof, sa~d h1vRTG%.G:E n,ay p~acc a• o
pay fo? s~ch insurance o~ any part thareof w~~hout waiv<ng w affecting any oHt~on, lien, ey~:ry, or ngt,t u~de~ w by vurue of ~h:s hlor!gage, and thc
4u!I amounl of each and every such payment shall be ~mmed~ately due and payatle and sha=i Lra~ interrst froni the date thereof w~~~~ n.,~d a~ the rate ol
n~ne per cenrum per an~w~n and rogrther wirh auch i~uer~s~ shaii :,e sec~red b~ the 6en of th~s matga~e.
d. To permil, comciit w wf(et rto waste, impairment or detcrio~a!ion of 3aid proparry ot any part t}xrcaf.
5. To pay ali a~d sinc,ular the costs, chargea end expenses, including a ~easer.able atto+ney's fee a~~d conts o( abst.acts of tIt!e, inwr•ed or pa~d a~
~ny time by sa~d MORTGAG:E, because or in the event of ~he fa~lure on the part of the said MURiGAGOR to d~ty, p~o~nptly and f~iiy ~erlorm, d~uha~ge
c.ecuta, etfrU, co~npEete, com.ply w,rh and ab:de by each and every the stipuljt~ons, agreements, cond~tions, and cove~~anrs oi sa~d pro~r~usory notr and th:s
-.oregage a~y or e~ther, and sa.d costs, cha•ges and expensrs, each and every, shall be immed:ately due and payab!e; whe~her or not the:r 6e nonc.~ c+~
mand, attempt to collect or s~~~e p¢nd;ng; and the (ull a~no~nt of each and every such paymr~t nhail 6ear ;nteres~ fro~n the datr thereof un~il pa~d at i1~e
. oj i~~~ir Uer crni~~r~ ~:~ar an~~...n; ~iiC all said costs, cna~ges and ~x,~~~nses irKU:red or p,~id, toyz14~ar w~th su:h interest, shaU be SrCUred by the I~en of th.t
n,ortgage.
6. That (a) in the event of any breach of this Mor:gage or defauit o~ the pa~t of the MORTGAGOR, or ;b; in the event any of sa:d s~+ns of money
herein referred to be no~ p~on:ptly and ful~y pa~d within th~rty (30) days next atte~ the sa~.e se.e~acly oecome uue and payable, wi~ho~t oea,and o~ nor,ce,
cr ~cj in tha event each and every the s~ipuia~~ons, agreements. cend~rions and cwe~~en~s o: sa d pro~e~~ssory r,otz and ~h:s mertgage any or e~~har are not
iu;y, promprty and fuliy perforrned, d.s~harged, executrd, effected. co+np;eted, compi~ed w~th and ac~ded 5y, ~hen in e~ther or any such event the sa~d ag
~rcgate :um mentioned in sa~d promissory note then ren:a~ning unpa~d, with intere;t accc,;ed, and a~l moneys setured hereby, sha21 Getome due and pay-
ao e fcrthwrth, or thereafre~, at the opt~on of sa~d h10RTGAGEE, ;s futty and comp;e~e~y as if aii ai tS,r sa:d su:ns of money were or~y~nady snpu:arrd
to be pa:d on svch doy, anyth~ng ~n sa.a prom;ssory note or in th~s Mortgaae ro the conrr~ry cot,vithsta~;d~ny; and ~hereupon or thereaf:er ai the opf:on of
s~ d MORTGAGEE, wirhout nonce or de~nand, su~t at law or in equ~!y, the~rto~e or thercaiier begun, n:ay be prosecuted as if all moneys sewred hereb~
n_d mar~red pnor to ~ts i+~:utut~on.
7. That in the event that at the beginn[ng of or at any time pend~ng any su~t ~pon fF,is Mortgage, or to foreclose it, or to re(orm it, w to ~nforce
F'~Y'T3Cr.t of any eiaims hereundrr, said G10RTGAGEE shall appiy to the Court haviely ~u~~sd~r.ion ii;eaeof for ~he appo+ntr.~ent of a Receiver, such Co~rt sha~~t
i;;:Thwi~n appomt a receiver of sa~d morfgagrd property al{ and siri3ular, indud~ng ai~ a~:d s+~yv~ar ~he ircome, prof~ts, ~swes and revenues from whate:r.
s-v-ce derived, eath and every of wh:ch, it bemg expressly understood. is hereoy mor+gaaed as if apeufrcaily set forih and described in the grant~ng ard
habendc.-~ cia~ses hereof, and such Receiver shail have all the broad and effec!~ve func!,ons and po~vers in anyw~se entrusted by a CouTt to a Rec~~ver, a~:d
s_;h appointme~~t shalt be made by such Court as an adrn;ttcd rquity and a rnatter of aLsoture right to sa~d MORTGAGEE, and wrthcut referente to the
r.'eq~~acy or inadequacy of the vafue of the property mortgaqed ot to the so.vency or .n>o: ~cnc~ ol aa~d 1dOR~GAGCR or the defendar,ts, and that Such
~~~~s, prof~rs, income, issues and revenues shal} be app:fed 'oy such Recerver ac;ord~ng to the t~en ur ry~ity of said MORIGAGEE and ~he procNce of such
Co~rt.
8. To du!y, promptly and fvl!y perform, discharge, execute, effect, comp'.ete, cc^eply wlrh and abide by each and every ~he st~pu'al;ons, agree:nents,
,o ~ditions and covenants m sa~d promisso: y note and this mortgage set forth.
9. That in the event the ownenhip of the mortgaged premises, or any part thereof, becomes veste~ in a person other than the MORTGAGOR, the
:'ORTGAi,fE, its successors ar,d assi3ns, may, v~ithoul ~otice to the :"~ORTGAOR, dea~ with wch suc.esso+ or svccesso• in interrst w~!h reference to th~s
o•~gage and rhe debf hereby sacured in the same manne~ as whh Alortgago~ w~rhout in any way vit[aring or d scharg~ng the fl.ortgagors' liab~irty her~
.:~der or upon the dzbt hereby securzd. No sa!e oi the Frem~ses h=rrby m.ortgaged ard no 4orbearance ort ti~e part of the /JfORiGAGEE or its wccesson
ass~gns and no exrens~on of rhe r.mc fo• ihe payment oi the deb~ he.c!.y sec~red g~ven by the l.SORSGAGEF or its wccessors or ass:gns, ~~:ail ope:a~e
~o re ease, dacharge, modify char.ge or affect the or~glnal Gab:;rty of the N.ORTGAGilR herem, eitrer in whofe o~ in part.
10. It is spea(~caliy agreed that time is of ti~e essence of th~s contract ano that no waiver of any o6~~gat~on hereunder or oi the ob!igation se-
.;red hereby shaii at any tirre rhrreafier be heid ro be a wai~er of the terms hereof ar of the instrvmeni secured hcrby.
11 In ad:f Ko~ ro the ior~c •~q onth`y paym_nrs of princ ~a! and interesr requ~r~d ty th~ prcro s>ery r~o'c secured ^e~eb{, r~ort~agor tove~iants
r~ d agrees to ~ay to r.o-tg3qce .•.;th ea;h :ro:~rh`•; pjyr :en! en add~r~ona4 wm .s~ •~~a?.~d 6y mor~gagee to i~e equa~ to 1 12 of t:~e ~nnuai casi of the foi~o~-
,
A-All real r.roperty taaas ~e:~•_d er assessed ag3i••~st the above desc~!_,d r_el e;!ate.
f B- F(LTiJ~.'1S on f~rr znd w~r.dsto~m ~rsurarce as hera~n regu;red to be carn:,d c~, t:~e :n,,:rovemeats ~~tuate on tne abovc drsu~bed premises.
C-Premiuv s on such m,ort~age guar~.:ty ~r.surar.ce as mertgagee sha;i +~c-^ r m~ t;~ T~~ne d~e-n f~r to carry on the loan s~•w~ed hereb~.
' l,Aortgagee s~~::! frem r=~~:e to t~^,e nonf; n:ortyager in w~it~rg of the a~r.c~nt d_:e and payanle hereundrr and such sum sha:l thereu}wn be due and
~ +.a~!e on thr d~e dar•~ of ~i~e neKr month: a ne:it and each successive montn trr~~aft~. urti! mortgayee sha!i ~~ot;fy mortaago~ of a change in svch
/ F Y'
.~;~~nt. Such su:ns s~a:I bc ap~~:i,=d by mo!igay~:e toward the paymeni of real property taxes, ins~ra:~ce prem.~ms, and morfgzge guaranty ini~rar.ce
E nium~
' IN ITNESS :VHEREOF,.jhe said MORTGAGQR has here~oto set his hand and seat ihe day ar.d year first a!oresaid.
r
' ~gned, Sealed r~ vered " tF pre ce of: '
f _ ~ ~~~u y
~ Ral~h StOpkOwlt2 ~~a~~
; - - ~°r--- --(Seaq
~ ~~i~.~.i , `-l~.r ` M~=-: i k" (5ea1)
r _ Roseanne Stopkowitz~-~~a~~
~ ;':.IE Of FLORiDA ~ 1
~ ;JUNTY OF _ St . Lucie _ ~ ~
~
~ Before me personaily appeared Ra ~ StOpICOWlt Z and
ROS@aflT1E' StOpICOWlt2 his w~fe, to me well known and knonn to me to be
y ~n_ individuals described in and who executed the foregoing instrument, and acknowledged before me thaf they executed the same tor the purposes
~ Roseanne Sto kowitz
~F•_~ein expressed. And the said___ p _
~ :.'e of the said Rdl~}] StOp~COWlt2 , upo~ a separate and private
_.aminat~on by me taken separate and apart from her said husband, acknowledged to and before me that she e:ecuted said instru:nent freety and voiun-
t ~•~!y and w~thout any compulsion, constraint, apprehenson,Y o~ fear of or from her sai~ husband.
~ WITNESS my hand and oFfiual seat th:s_ .,~_L"'~ day of Febtuar A D 19 73
i V
'_i ` Plorary Public in an~ ior r State of Florida at Large
" My Commission exoires:
z Ret~rn To:
~ ,._~~,;~'i ~.:,'C. S:~'F ~f FLGRIDA 3t LARGE
f;rst Federal Savings S loan Association
" Of fwt P ~ •c•~. L'1' . ~i! , ~ri; > i:.~.. 7. 1911
For~ P~~rce, Flurida ii•.. .,_,.....i_ ~..~U:dti:.E ~0.
v
~~t• r~
' _ .
_ . ~ ~
% ,
This Instrument Prepared By R. L. StutZ fILEO :-'~D tc~O~~ED ~
=w~ First Federal Savings & Loan Assaciation ST. LUC~~ ~OUMTT FtA. `
of Fort Pierce, F'loYida R~~'E~~ a~';A~S ~ - ~
.,R CtERF. C-:?:3:. ,.ObRT _ ~
RECnFr ~ ~ - ' t3 - _
Checked By _ ~ , " ' '
s~ FEe 9 4 2~ PM '73 - . ~ ~4 .
" s~?~x 21~ ~!GE2
f 24'762~ -
_ _ r- - W =
~ . . ~ , . ~