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HomeMy WebLinkAbout0158 Te ptac~ and con~inuouily keap on ahe bui:di.~~ now a h~reafrtr si~u~t~ on sa~d land ~nd on ~U cqvipnsnt and pe.wna!ly covered by this mor~~ pR, witA ~11 pr~mium~ the~con pa~d in 1u11. (ue insvrant~ in 1he utiu~l ~~~~ds~d policy fam, in ~~um appror~d by 1h~ MORfGAGEE, and windstwm inwra~+cs M tM usual ~+andard pol~q lam, in • sum approv~d by tlw MORTGAGEE, in tuch company a compani~s as ~M" MORTGAGEE rnay d'uMt ~nd ill f'u~ ind w~nJarorm iniurance pol~ciet on ~ny of ia~d bv~Id~r+yi, any im~rest ~h~.eM w p~~t ~h~reol, in tM pyreyae w~n atass+id w In ~ac~ss thereof, ~MII contain tM uwal i~anda+d ma~flapee daua w w<h o~i+a claus~ ~s tM M«~9~ge~ may rpuu~. mak~nq Ihf lou un~kr u~d pol} cie~. tach ~nd ~ve~y. paYabte ro aid MORTGAGEE as ~~a inte.est msy aNpsar. ~nd cach and eve.y ~uch policy shall Ix promprty ass.9ncd and dativered to $ ~ny heW by iaid MORIGAGEE as (urthe~ secv~ity to seid nwrtpags deb~, and, not I~u lhan ~en (10) days i~ adva~Ke of the expiration o1 each policy, to d~- ~ivN 1o said MORiGAGEE a ~axwal therwF, toge~hK wifh a rece~p~ for the p~~miwn of tuch rrnewal; and ~hero shall b~ no firs or winds~o~m intura~ce plated on ~ey of iaid buildin~, any inta~es~ therein or pa~l thsrwf, unlcu in tM form ~nd wi~h the toss payaWe as •faesaid; a~d in Ihe av~n? any sum of mo~ey becomes payable under such polity a pol~cias wid MORiGAGEE aAall have ~M optio~ to receive a~xl appty tha same o~ accov~t of the lndebted~ neu tecu~ed ht~eby or to permit sald MORTGAGORS to receive and use it p any part lhereot fw other purposes, ~v~~ho~t ~h~•cu~ waiwi~v~ o~ nupair- ing any equity, lien o~ righr u~der or by virtue of this morsg~ge; a~d i~ the event said MORTGAGORS ihall fa sny reason iail to keep the said premisrs fo insurod, p fail to delive~ promptly any of uid pot~ties of insvrance to said MORIGAGEE, o~ fa;l promprly to pay fufly any pre~nium therefo~ or in a~y resped feil W perform, d~schargs, eaecuts, affetl, complete, comply with and abids by this covenanl, a any pa~~ hereof, said MURiGAGEE may place and pay tw such insursnce ot a~y part Ihereot without waiving or affec~iny any option, pen, equ~ty, w right undtr or by virtue of this Mortgaye, and tM fuU ~movnt of eath and evary such payment shall be immediately due and payable snd shall bear interea~ from tta date thereo( until paid at the rate o1 ~~ne pN tentum per annum artd together with suth i~iterCSt sha~l tx securtd by the lien of this mortgage. 1. To permit, tommit or suf(er no waste, impairmenf or dcterioratio~ of uid property w any paA thereof. 5. To pay all and singular the costs, chsrges and expa~ses, including a reasonable attomey's fee and cos~a of absf~scts of title, incurred o~ paid a~ sny tima by ssid MORTGAG:E, bccause or in the eve~1 of the failure o~ ~he parl oF the said MORTGAGOR 1o duly, promptly and fully perlwm, d~scharga, execute, efted, complete, comply w~th and abide by each and eve~y the atipulelions, agreeme~ts, conditions, and covenants of said p~omissory rate and this ^~~9~9Q a^Y o? ei~he~, and ~~d cosrs, charges and expenses, each end every, shall be immed,ately due and payable; whe~her a ~ot there be notice do- mand, ettempt to collec~ w sui~ pend~ng; and the (ull aeaunt of each and every such payment shall bea. intereat from ~he date the~eof u~til paid at ~h~ rate of nine per cenwm par an~~um; and all said costs, charges and expe~~ses incu~red or paid, togethe~ wdh such inferest, shall be setured by the lien of thu mortgaye. Q Thst (a) in the evenl of any txeach of this Mortgage or default on tM part of the MORTGAGOR, or (b) in the event any of sa~d svms of money herein referred to be not pra~ptly and fully paid wirhin ~hirty (30) days next a(ter ~he same seve~atly becorne due and payabb, withou~ demand or notice, or in ths ercnt each and every ~he stipulalions, agrecmems, tonditions and tove~ants of sa;d promissory note and Ih~s mortgage any w either are not july, promptly and fully performed, d~scharged, e~eecuted, eifected, tompleted, complied v~ith and abided Sy, ther? in either or any such event the said sg- gregate sum mentioned in said pfomissory note then remaining unpaid, with interest accrued, and alI moneys setured hereby, shall become due and pay- able forthwith, w thereafter, at the ope~on of sa+d MORTGAGEE, as fully and comple~ely as ii all of the said suma of money were originally sUpulated to be pald on such day, anything i~ said prom~ssuy note or in this Mortgage ro the con?rary norwuhsraeding; and thereupon or lhereafier at the opUon of said MORTGAGEE, without not~ce or demand, suit at law or in equity, therefore or 1Aereafter begun, may be prosecvted as if all moneys setured Ixreby had matured p~~or ~o ~ts institution. 7. That in the evem that at thr beginn~ng of or at any time peoding any suit upon ~his Mortgage, a to foreclose it, or to refwm H, or to enfores payment of aay tlaims herevncle~, said MORTGH6EE shall apply to tlw Court having yurisd~ction thereof fw the sppointment of a Receiver, such Court shall ior~hwith appoint a receive? of said mortgaged property all and s~ngular, includ~ng all and singular tthe income, protits, issues and revenues irom whatever source derived, each and every of which, it being txpreuly understood, is hereby mortgaged as if speulicaVly ut fwth and desuibed in the granting and hahendum clauses hereof, and such Receiver sha~l have all the broad and effect;ve funct~om and pov~cers in anywise enfrusted by a Court to a Receiver, and such appointme~~t shalt be made by such Court as an admitfed equity arkl a matter of absotute right to said ASORTGAGFE, and wilhout ~eferente to the adequacy w inadequacy of the value of the property mwtgaged or to the wivency or insoivency of said MORTGAGOR or the defendanK, and that such renfs, proiits, inca»e, issues and revenues shall be applied by such Receiver ~ccord~ng to the I~en w equity of said MORTGAGEE and the practice of such Court. . 8. To duly, FrompUy and fully perform, discharge, execule, effect, complete, comply wtth and abide by each and every the stepulations, agreements, conditans and covenants m aaid promisswy note and ~his mo~tgage set fath. 9_ That in the evenf the ownership of the mortgaged premises, w any part thereof, becomes vested in a person other tha~ the MORTC'iAGOR, the ls:QRTGAGfE, irs successors and assigns, may, wirh0ut no~ice to the MORTGAGR, deal with such succeuw or successor in interest with reference to this mor~gage and the dubt hereby secured in the same manner as with Mortgagor without i~ any way vit~ating or d~uharging the Mwtgagors' liability here- under a upon the debt hereby secured. No safe of _the premises hereby mortgaged and no forbearance on the part oi Ibe MORiGAGEE or its succesaors or assigns and no extension of the time fo~ the payment of the debt here6y secured given by the MORTGAGEE or its successors or auigns, shal) operate to release, discharge, modi(y chartge w affect the origu~al liability of the MORTGAGOR herein, either in wFwte or in. part. 10. It is spec~f~catly agreed that s~me is of ~he esser.ce of this coniract and that no waever of any obl7gat~on hereunde~ a of the oblgafion st cured hereby shalf at any time the~ea4ter be held to be a waiver of the terms hereoi w of the instrument secured herby. 11. In add;tion to the forego:~g monthly payments of prinfpal and int~rest required by the promissory note secured he~eby, mortgagor covenants and agrees to pay to rt:ortgagee with each munthly payrnent an add~rional sum est~n-ared by mortgagee to be equai to 1; 12 of the annual cost of the follow- in9: A-Alt real property taxes leviad w asses:ed agai•,st ti+c above describcd real estate. 8-Prem~u~»s on fire and windstorm ~r.su~arce as I~erein requ.red to be 'tarried on the im~rovements sit~ate o~ the above destribed premises. C-Prerniurns on such morfgage gvara~ty insurar,ce as mortgagee shatl from t~m~e to time deem fit fo carry on the ioan secured hereby. Ntortgagee shall from t~me to t~me norify mortgagor in writing of the amount due and payable herevnder and such sum shall thereupon be due and Fayable on the due date of the next monthly payment and each successi~e n,onth thereafter ur.til mcrtgagee shall notify mortgagor of a change in such amount. Such sums shal! bo applied by mortgagee to•++ard the payment of real prope~ty taxes, insurance prem:ums, and mortgage guaranty insu~ance ~remiums. IN Y~IINESS WNEREOF, the said MORTGAGOR has hereunto set his hard and seal the day and year first afor aid i ~ Si9ned, Sealed and deiivered ' the presence of: ' ` ~Sean - S ==Eri SObO ~ s4 - Seaq Constance L. Sobolewski ,U,~ , SiATE OF FLORIDA 1 St. Lucie ~ u- couNn oF i , ; Before me penonally appeared warZel'1 $Obple'IISjCl and ' Constance L. SoboZewski i his wife, to me wetf known aod Rnown to rtre to be ~ rhe individuals desrribed in and who executed the fwegoing inslrurrxnt, and ack~ww{edged before me tAat they executed the same for.~F?e purposes ~ rherein expressed. And the said '~os~~e L• SObOlE'w5~ ~:+ti Warren Sobolewskf ~ ~ i wife of the said upon p~~afe and private examination by me taken separate and apart from her said husband, acknowledged to and before me that sF~e executed said insttum~ .freely=aafl wlurr ~ ~ rarily and without any compulsion, constraim, apprehens~ w fear of or from her said husband. ~ r~~`' ~ 1 Y March - *.1.= - WITNESS my hand and official seal thiS da of ~~~•.73 "7~ ` ~ - ~ Not Public in and w atevi~~Jqrid~-~t rye`~ . My Commission expires: ~i~ 1 , Return To: ~ 4~.~•d~~r~ / `7 ~ ; First Federal Savings b loan Association • 3 ~ ~ - 7 ; ' ~ , Of Fort P:erce. ~ I . For: Pietee. Flor'da ' ''.~„~e~.... ~ F~~ED RECORDEO ' ST. ~U~;~ ;,~vtrTr F~A. ROC~n ?GITRAS ~ This Instrument Pre ared B CIEF.K Cl',;UtT COUNT ~ P YJobn N. Collins RECORC? V~!?iF!~n i First Federal Savings 8~ Loan Association --r ! of Fort Pierce , F~oz~~ t!~ f 9 4 Ie PH '73 Checked By l Y ~ R ~0~~212 rA~E 158 _ _ R~ r__ - ~ ~