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Home My WebLink About0982 9. To pl~c~ ~nd coni~nvously keep on the b~i!d;n9~ now a Mr.saiiN s;twre on ~a~d iand and on all cq~ip~.~ent ~nd ptrwnally ci,v~red by thii mat~ q~ wi~h a!I prem;ums lhrreon pa:d in lutl, firo iosvr~n<o ~n the uiual s?a~d~rd policy torm, in ~ sum app~oved by Iht MORIGAGFE, •~d w~~~wm insut~nte in tM ~~ual u~ndard pot~ty twm. in a sum app~oved by ~M MORTGAGEE, in tuch compa~y a tanp+ni~s N ~h~ N?ORTGAGEE may di~~dj and all fi~~ and w~oJstorm infv~~M~ policies on any ot ia~d build~rg~, aoy imeroet ~Mre~n a p~.t ~herwf, ie ~M a~g~e9a~~ tum ~ior~said o+ in ~xcett ~he~eof, ahall co.+~ain ~he v~val atandard ma~yaqe~ claus~ a such ortxr daut~ ~t ~M Ma~y+gea m+y requ~re, maRinp rhe los~ undr? s+~d pol~ ciss, t~ch and ~very, payabl~ ro ~aid MORTGAGEE as irs i~+aeit auy appsa~, snd tath ~nd every ~~rch policy aMll b~ p~omptly au qned u+d delivered to any held by said MORfGAGEE ~s further security to said ma~gage debt, and, no~ leu tMn ta? (10) days in advance o( the expiration of each potity, to dr liwt to wid lNORiGAGEE a renewal thereof, togetF~ wi~h ~ rec~ipt fw tha p.~miwn of s~ch ~encwal; and Ihero sh~ll be no f~re or wi~d~to~m intura~c~ pl~t~d on any of said buildings, sny intersit thereln w part therwf, unless in tM torm and with Ih~ lo~~ payabls as afo~tssid; and in ~M event any ~um ~ of nwnty becornes payabte unde~ such policy u policies wid MORTGAGEE shall have ~ha optio~ to receive and apply thc sarnt on accovnl oi the indebted~ ( nesa sKUred hereby w 1o pe~mit said MORTGAGORS ro receivs and use il d any parl thercwf fw o:ner purF•.oars, w~~ho~l Ih-r.p~ wai~i~x3 O~ ~~~~peir ing any equ~ry, lien w righ~ under o~ by virtve of this mo:tgage; and in ~he even~ sa:d MORTGAGORS shall fa any reason fail to kcep the sa~d premisrt so insured, a fail ro dclive~ prompHy ~ny of said policies of insur~nce to said MORIGAGfE, o~ fail promprly Io pay fully any premwm therefa a in any ~espett fae! ro pa(am, dixha~ge. eaecute, eifect, complete, comply wi~h and ab~d~ by this covenan~, a ~ny part hereof, said MORiGAGEE may pl+ce a~xi pey foi such iniurance or +ny part thereof without waiving w affectiry a~y option, fien, equity, o? right under a by virtue oF this Mwtgage, and the full amount of each and every such payment shal! be ;mmediately dus ~nd payabls and shall bear inferest from Ihs date thc~eoi until paid at the rate ol nine per tentum per annum and to~e~het with such interast ahali be secured by the lien of Ihis mortgage. 1. To psrmit, commit w suf(er no waste, impairmenf a deterioration of said property or sny part Ihereof. 5. To pay all and aingulsr the coats, charges and expenaes, including a reasonable attuney's fee and costs of abstracts of title, ir+curred w pa+d al any time by sa~d MORTGAGEE, because or in the event of the failure on the part of the said MORiGAGOR to duly, promptly and fully perform, dixharge. execute, effed, complete, cor*+p1y with and ab:de by each and every the stipulat~ons, sg~een.ents, conditions, and covenants of said prcmisso~y note and this mortgage any w e+ther, and sa~d costs, charges and expenses, each and every, sfiall be immed~ately due and psyable; whether or not ~here be notKe do- mand, attempt to collect pr wit ptnding; ar~d the full amounl of Nch snd evety such paymeM shall bea. iMerest from fhe date the~eof uNit paid at fhe ~ rate of nine per centum per am~~m; and all said tosts, tharges and eapenses inturred ot paid, togetha wdh suth interest, thall be secured by the lieo of this mOrfQige. ~ . 6. That (a) in ihe event of any breach of this Mwtgage or de(aul/ on the pa~t of 1M MORTGAGOR, a(b) in the event any of said sums of money herein teferred to be not promptty and fully paid within thirty (30) daya nex~ aiter the same severaily become due and psyable, wi~Faut demand w ~otice, or (cj in the event each and eve~y the s~ipularions, agreemenn, cond~tfons and covenants of sa~d pran~ssory note and th~s mortgage any or either aro not ~uly, promptly and f~ily perfamed, d~scharged, exetuted, ei(ected, compteted, complied with and abided Sy, ~hen in eitker or any such event 1hs said ag gr¢gate sum mentioned in said promiuo+y nore then remaining unpaid, with interett accrued, and atl moneys secured hereby, shall become due and pay- able fwthwith, or thereafter, at the option of said MORTGAGEE, as (ully and compietely as if all of the said sums of money were originalty it~pulated to be pa~d on such day, anything in sa:d pran~sswy note w in this Mortgage to the contrary norwiihsranding; and thereupon a 1F?ereaiter at the option of said MORTGAGEE, without not~ce w demand, suit at law or in equity, 1F?erefore w therea(ter begun, may be prosecuted as ii all moneys secured Ixreby had matured pnor to its institution. 7, ihat in the event that at the beginning of or at any time pending any suit upon this Mo~tgage, o~ fo fpeclose it, w to reform it, or fo enfwce payment of any claims hereurtder, said MORTGAGEE shall apply to the Gourt having jurisd~ct~on thereof iw the eppointment of a Receive~, suth Cou?1 shall forthwith appoint a rece~~er of said mortgaged property all and singulsr, ir?c{vd~ng all and si~gutar the income, prof~ts, issues and ~eve~ves Irom whafever sou~ce derived, each and every of which, it bring expressly understood,~ is F.ereby mortgaged as if spec+fically set fath and desuibed in 1F?e gr~ting and habendum clauses hereof, and such Receiver shall have all the broad and effective funn~ons and powers in anywise entrusted by a Court to a Receiver, and s~ch appointme~~t shall be made by such Court as an ad~niited equity and a rratter of absolute righf !o sa;d MORTGAGEE, and without reference to the edequacy or irtadequacy o! the ~alue oi the property mwtgaged or to the so:vency or inso~vency of said MORiGAGOR p the defendants, and that such rents, profits, income, issues and revenues shall be applied by such Receiver according io tFie tien w equity of aaid MORTGAGEE and the practice of such Coun. • 8. To duty, promptly and fully perform, discharge, execute, effect, complete, comply with and abide by each and every the stiputations, agreements, condiYwna and covenants in sa~d promissory note and th~s mortgage set forth. 9_ Thal in the event the ownership of the mortgaged premises, a any part thereof, becomes vested in a person other than the MORTGAGOR, the MORTGAGEE, its auccessas and ass~gns, may, wifhout nor;ce to the MORTGAOR, deal with such succeuor or successor in interest with reference to Ihia mo~tgage and the deb~ hereby secured in the same man~er as with Nbrtgagor ~,iv~thout in any way vitiating or discharg~ng Ihe Mortgagors' tiabitity here- under or upon the debt hereby sec~red. No sate of the prem.ises hereby mortgaged and no forbearance on the pan of the /~10RTGAGEE w its successors er assigns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGEE or its succeuors w auigns, aha11 operate to release, d~xharge, modify char.ge or affect the original liability of the MORTGAGOR herein, either in whole or in part. 10. It is speufically agreed that t~-ne is of the easence of this contract and that no waiver of any obl;gafion hereunder or of the obligation te- ' c~red hereby shall at any fime thereafter be he!d to be e waiver of the terms hereof a of the instrument xcured herby. 11. In add~tio~ to the forego:ng month!y payments of princ pal and i~terest required by 1he promiswry ~ote secured hereby, mortga~or tovenants and agrees ro pay to mo~tgagee ~.ith each monfhly pay.nent an add~~~onal sum est~n:ated by mortgagee ro be eqval to 1,- 12 of the annual cost o`. the follow- ing: A-AI! ~eal propefty taxrs levfed or assessed agai•~sr thc above described real estate. B-Prrrr:~ums on fire and viindsiorm insurar.ce as here~n r~qo~red to be <arned on the ~mprovements situate on the above dascribed premises_ C-Premiums on such mortgage g~a•anty insura.,ce as morrgagee shafl fro:~s t:me to time deem fit to carry on the ban secured he~eby. Mortgagee shail from t~me to t~me norify mortgager in w~it;ng of tbe amount due and payable hereunder and such sum shall thereupon be due and Fayable on the due date of fhe next month;y payment an~ each s~ccessive month thereafte~ ur~til mortgagee shall notify mortgagor of a thange in such amo~nt. $uch sums sNa!I be app!~ed by mortgagee toward the payment of reaf property taxes, insurance prem:ums, and mortgage guaranty insurance ' premiums. IN Y~ITNESS VJHEREOF, the sa~d MORTGAGOR has herevnto set his hand and seal the day and year first aforesaid. Signed, Sealed and delivered in the presence of: ~ ? G ~ ? Sean E ~'it _ an ? Seaq ~ ~ti itness (~~~~_~_~,,,~f STATE OF Fk6RfB7C.,7!(~'""~-' ~ COUNTY OF ~ 1 ~ ~ ~ Befwe me perwnally appeared W1111aIR r' • Dvorak ~ ST • a~ Jean M• DVOT3~C his wife, to me weJ! k~own ar~d known to me ta be ~ the individuats desvibed in artd who e:ecufed the foregang instrument, and aclcnowledged befwe me that they executed the same for the purposes theroin expressed. And !he said _Te.~il M, ihrc~rak ~ w~fe of the aaid William F. 1)vnraka St^ ~ upon a xparafe `$ndr~v~ts examination by me takan separate and apart from her said husband, acknowledged to and f~efwe me that sF~e executed said inshument E~aly•~,vo~lyn- ii' ~ ~ tarily and w~thout any compulsion, constraint, apprehen ~on, or fear of or from her said husband. ,•s ~ WlTNE55 my hand and offiual seal this ~ day of- ~ D: 19~ ~ ~ vf Iy~7 : ~ , Notary Public in and for the State Df . N ~~l1 ~ ~ ~ My Commission expires: ~ . ~ • ~ ~ n ~ i Retum To: ~ ~ ~ ~ First Federal $avings 3 Loan Association a.~~7• , ' + ,y ~ Of Fort P~erce. ' ~t ~ Fori Pierce, Florida ' ~ ~ ~ ~ ~ f+tE0 AND RECOROEQ aT• LUCIE COUNTr Fu~ ~ AOCEt~ POITAAS ~ This Instrument Prepared By RiChard K. Kayes ~l'ERK Cl~CUIt COfMf First Federal Savings 8~ Loan Association RECOkD VfRtF1ED,"~ ~ of Fort Pierce , Florida ~ ~A ~ ~ Checked By ~ u zs~sss - ~ , , sooK212 Qa~E 982 - <,2 ~ - - - 5