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Home My WebLink About0776 To ptac~ and cominuwsty keep on tM bu~t3:nps now cr he.eefte~ s~waN on s~~d Iand and an ~I: eq~ipnKnt and psnonalty covrred by ~hii :ncrtq~ p~, vr~th ~II p~tmi~ms the~~on p+~d in (ull, (ir~ i~.turanc~ :n eht uiua{ u.rda~d pol~cy fam. in • sum ~pproved by Ms MOR'C.AGEE. ~nd w~ndi~am intwu~c~ in tM uswl attndard pol~cy forrt~, in a sum ~pproved by tM MORTGAGc.. in such con~pa~y w compWUes u ~ha MORiGAGEE rnay dr~t~r and a~~ fir~ ux! w~ndsrorrin inwranc~ policws an u?y of a~d buildu+ps, any inrKt~t thetein or par/ thereol, in ~M ay9reqa~e ~um aforesa:d.a M~xceu ~liereof, shati conuin ~he ~suel s~Mda:d morkja~r cl~us~ or such aha claas~ a~ ~M JNor~pagN m+y roquu~. m~?inp ~he ~osi vndaY sa~d pol~ c:es, each and wery. p+yaN~ a sa+d MORTGAGEE ss ~ts in~aes~ may +pp~ar, and each and ~wxy such po~Ky sh+1~ b~ W«npHy +is g~xd and dN~vrred ~o ~ny held by ia~d M4RTGAGEE as fur~he~ sccur~ty to s~~d mor~pay~ dsbt. ~nd, nol ku th~~ t~n t10) days in adw~x~ ot ~he eapira~ian of each ~alicy. a d~- I~vK ro~id ~Zl7R(GAGEE • rtnew~l ~htrwf. ftqe~nN with a recr~pt for Ihe premiwn oi such rtn~wil; and ~her~ ~I?~II be no f::s o. wi~dt?wrn ins~r~nce plred on ~~y of sa~d bui{dings. ~:~y ineereit ther~~o or part thereof, vnle~s in ~M (crm and w~~h tM loss payab:e as afora~ald: and in th~ e~eot any sum of nweky becanes payabts wder such pdir~ ar poGcMS aid MORiGAGEE shall Aave ~M opt;on ~o recsiw :nd appty ~ha ume on accoum o( ~he indrb~ed- ~eu secured he.eby w b permit said MORTGAGORS ro ~eteiv~ and us~ it or any pu~ rhercof fw o~he~ pur~oses, w:~tw„r ih_no~ wa~~i,y o. ~n.pa~~• i~p any eqv;ty, lien a right undt+ a by virtw of this ma!~apts a~d a+ Ihe wem said AAORTGAGORS sha~~ for ~ny reason iail to kcep the sa~d ~xem~srs so insurei, o~ fail b deliver promptly ~ny of said pol~cies of inwrance 1o said MORTGAGEf, o~ fa;f premplly to pay fufty any ort~nwn. therefor or in any respett fail ro pe~fwrq, dischuge, e:ecute. ~flect, tomp~ete, compFy with and ~bida by thta tovs~an~, o? +ny Qa~t hereo(, sa~d MORiGAGEE may pl~ce and paY for such i~suranca a+ny put thareof witha?~ w~ivirg w affacti~q any option, li~n, equity. w riphf unde~ or by virwt of ~h;s Mongaye. and the full amouni of eacA and every such paymen~ sh~ll bt immediately due ar~d payable a~+d shall beu interest frorn tia dat~ thcreof un~if pa~d at the rare ol nine pe~ centum per annum and together «ith wch inuresr iha11 b~ secured by tM lien of tl?~i mortgage. 1. To pamir, commit or su(fa eo w~ste. impairmcnt o~ deteriwation of wid prope~ty w u?y p+rt thereof. . 5. To pay all snd s~r~gul~r the costs, chu~es snd expe~ses, irx4uding a rea~onaWs ~ttorncy's fce +nd cos+s of sbs~racts of tiHe, incurred w paid a~ any time by said MORTGAGfE. becaux or in the event of tlee (ai:urs on tM part of the ssi.: MORTGAGOR to duly, promptly and fully pe+form, d~ul+arge, execute, etlect, tomplete, comply w~th and ab:da by each snd every the stip~rl~tions. ~greeme~.'a, conditions, +nd coveoants of said promissory note and ~h~i mortgage sny o~ ei~her. ~nd sa~d costs, cMrgq and expenses. exh and every, sMll be immadiatey due and p+ysbl~: whe~her p no1 tFKre be nc •:ce da mand, atterr.p~ ro colkct w wit pending; u+d the fuli smount of each ~nd wery such payment shall bear intrrest fran ~he date the~eof until p~i~ st nc~ rate of nine per centum pe~ a~num; tnd all sa~d cos!s, charges and capcnses nxurred w paid, toge~he~ w~th such immest, shall bs secured by the I~en of tFus mwep+yr. 6. That (a) in the evsnt of any breach of this Mwtgage or defsult on the part of the MORTGAGOR, w(b) in ~F~e eve~t +ny of setd wms pf money herein refr.red to be no1 promptly and fully paid within thirty (30) .lsys next after the sane sever~liy become due and payable, wi~hout dertund w notice, w W io the event each snd every the stipul~tiora, ~greements, condi~ions and coven~nts of s~~d promiuory note and ~h~s mortgsge any a ei~F+e~ are no~ ~uly, promptly and fuily performed, d~schuged, executed, effected, comp!cted, compGed with and ab~ded Sy, then ~n eithe~ o~ any such event U+e sa~~ ag- gregate w~n ment~a+ed in said promisswy rate then renuinin9 unpaid. with interes~ acuue~. and all moneys secwed hc~cby, shali l~scome d•,x and pay- able furhwirl~, w therz~after, at the opr~an of said MORTGAGEE, as fully and ce~npktely ss if sll of the said sums of money v:ere or~ginaUy sripulated to be pa~d on wch day. anythiny in sa~d promissory note or in ~his Mortgage ro the :ontrary no?wi~hstardinq; and ~hereupor? w thereatter at rhe op~~on of sa7d t.Y;QTC,AGEE, Wi1FWNT fl0fitf W dce+~and, suit ~t law or in equ~ty, thcrefwe a tF~eaf~er beg~n, may be prosecu~ea u if all moneys srv~ed he~ety had rnir•~red prror lo ~n iratitwior ' . 7. TMt in ~oe evem inst at tha beginni~ of w ~t any time pending any suit upon this Mortgsge, a to faecloss it, a fo refwm it, w to enforce payment of any daims he~euoder, said MORTGAGEE shalt apply to tl~e Court having 'ryrisd~ction thereof fw the appointment of s Receiver, such Covrt shail fwthwith appoint s receiver of said mortg~ged ,woperty all and singulu, includ,nq all snd singvlsr ~he income, prof~ts, issues ~Rd revcnues from whatever source derived, each and erery of wh~ch, it being expressty understood, ia l+ereby matgagcd as if spec:Fically set fath and d~scribed in the q.anti~ and haba+dum clauses hereof, snd such Receiver shall hsve all the Ixoad ~nd-effective funtnons u+d powas in a~ywise emrusted by a Cou?t ro a Receiver, and such appointment shslt be rtsade by such Court u ao sdm;tted eqvity and a matte~ of ab;otute right to said MORTGAGEE, and wi~hout reierence to the adequacy w inadrquacy of the wlue of the propaty mortgaged w ro the so~vency o~ insolve~cy oi said MORTGAGOR or ~he defendants, and that such renrs, profirs, income, issuss and revenues shatl be appiied by auch Receiver MCOrdina 10 tI1! IiM or equiry ol ssid MORTGAGEE a~+d ihe pracrice of such Court. ~ 8. To duty, promptly and fully perfwm, d~scharge, execute, effect, complete, comply with and abide by each and eve.y the stiputations, agreer:ents, condit~oro and covcnants in sa~d promissory norQ ~nd ~his mortgage se~ fwth. 9. That i~ the even! the ownership of the morfg~qed premises, or any put t}ee%eof, becomes vested in • pNSen othe+ tha~ the MORTGAGOR, the MORTGAGEE, its succeuors and sssigns, may, withaut notice to the MORTGAOR, dcal with such successw a successw En interest w~~h reiercnce to this mortgage and the debl hereby xcured in tFe ss~~e man~er as with N!ortgagp without in any w~y vitiating o~ d~uharging the Mortgayori Iiability herr under u upon the deb~ hereby securcd. No sale of the Fremises hereby mortgaged and no fwbear~nu on fhe pari of the MORTGAGEE w its succeswn w augns and ne> extension oi thc rime for the payment of Ihe debt hereby secured givzn hy tS+e MORIGAGEE or its successors w auigro, ahall operate ro releue, discharge, modify chsnge a afiect the wiginal liabil~ry of the MORiGAGOR here'uy e~~her in wlwle or in put. 10. It n spec~ficatly agreed that time is of ~he esscnce of ~his contract ~nd tF?~t no waive~ oi any obligat~o~ hereunder or ef tne obligaYan sr cu~ed hereby shall at any time thereafter be held to be s waivn of tF+e terms hereof or of the insuument secwad herby. 11. In add~~ion to the Fwego:ng monthly paymenes of prinCpa! and inrerest reqv~red by the prom~ssory no!e secured hereby, mortgagor covenants and agrees to pay to mortgaqee with each monthly payrnent an add~i~onsl sum est~matcd by mortgagee to be equal to 1; 12 ot the annual cost of the follow- ing: A-All real property taxes lev~ed a assessed agai~st tF+e above desaibed real estate. 8-Prem:u~ns on lire ar.d windsto~r*~ irsurance as he~e~n requ~r~d to be carried on the improveme~ts sitvatt on the above desvibed premises. ~ C-Premiums on such m~rtgage guaranty inswar~ce as mortgagee shsll from time to time deem fit to carry on the loan secured hereby. Mortgagee shal! from time to time notify ~rcortgagw ~n writirg of the amount due and payable he~eunder and such wm sha~l thereupon be dve end Fayab:e on the due date of the next month!y payment and each successive rteonth thereafter urtil mortgagee ahall notify mortgagw of a change in such ~mount. Such sums shail be app~ied by mo?tgsgee toward the payment of real propeAy ta:es, insurance prem:ums, a~x! rtw~tgage guaranty insurance premiums. - IN WIiNE55 YIHEREOF, the said MORTGAGOR has hereunto set his hand and seal {Ke day ind es -~fir s~said. J ~ Sgned. Sealed and delivered in the presence of: l ~ ~ /~~C-~/~ r/ ~ a~ i t ness~:~ _ ) Peter Timoshenk~ , L v~ <<,.~..~v-_. witness: ~ Ethel D. Timoshenko ~~,p sr ~ ss. ee~m~ ~fo,~ nu persona~~y ,ppeared Peter Timoshenko ,~d Ethel n~ Tinc~ah _nkc~ his wifq to me well known and known to me to be the individu~ls describ9d in and who executed the forc~oing ir.strument, and aclcnowiedged befwe me t!ut they executed the same for the purpases rh~«~~ ~.:p~~s¦ed. aKrthe sa~a Ethel D Timoshenko ; wife of th~ did ~ k opon a sepuate and privstt examinaiio ~ tskin,~rp~t+te arsd apa~t from her said husband, etknowledg nd befor me that she execused said instrumeot freely and volun- tarily and'~ithwt aoy c.~f+~111s~n, constraint, sppre/~~ yr fesr of or fr~m ss' Fws • . r. . 1Ti~TNE.~S my hand ~~~fnal seal thi: day of Feb UdZ A. D. 19 ~ • ' ~ ~ ; ~ ~ p ' _ ~ r ' in and iw ihe SI of ar e ~ • ~ J e~ ~ - ~ ' M iuion expires: • -..RttYf~1. TK' ~ • . ~ . - ~ _ _ . • ' ' ~ First F~ec~rjf'Swin~~i.~QA? Associstion ~t . • . ' ~ Tot'~'forF P.eice. ~ ~ _ j'r, ~ lJ' , . . . , . . _ _ - . _ _ i For1''PJ~l~e, Flwida FIIEC ~3KdE0 This Instrument Prepared By Richatd K. Kayes ST ~~r,~~ ,0:?+jr f~A. First Federal Savings & loan Association c`E ~K ~Vaj (Il ~ of Fort Pier~e Florida - ~ qcr~~^ ~ , ch~kea ey~---- R~~ ~tGE . ~EB ZZ 3 40 pM'Z 3 ~oox ~j ~ z4s3os . ~ _ - _ - - - - _ _ _ ~~k: ~ - ' ~ _ ~ x •~e°J - s ` 'i zP ' _ ' " ' ' .s,~. aw .,e~. ~ _ . ' ;~.1 • .~f: ~S.^a~