HomeMy WebLinkAbout0776 7. io placa a~d coroinuou~ly keep on ihe bui:d~ng~ now w herea(ter snuaro on sa~d iand and on aU rqv~pmen~ ~nd per~onaliy cove~ed by this mat~
+gs, wilh ~II premiums thereon pa~d in futl, fi~e inswante in the ufual standard polity form, in a tum approvtd by the MORJGAGEE, and winds~am
insuranct in the u~ual ~~anda~d pol,cy form, in • sum approred by ihe MORiGAGEF, in tuch canpany o~ compan~es a the MORTGAGEE m~y
diret~; ~nd all (ire and windsrorm i~surance policias on ~~y oi taid bu~ld~nqs, any intc~est 1he~ein or part thrrcof, i~ the aggregaie sum •fore:aid or
In exce~s thereof, sMtl contain ~he uiuat standard mortgaqes clause a such o~he? clauss af tM Mw~pagee may requ~r~, mak~np the loas ~nder ~a~d polF
cies, each and eve?y, payabla to ssid MORIGAGEE as i~~ interes~ may +ppear, and each ~:x! ev~ry such pol~cy shell be promptly au g~~rd a~~d de~ivered ~o
sny held by said MORTGAGEE as turther se<u~ity ro said mor~gage debt, and, ~ot tess ~han ren (101 days in ad~ance of ths expirat~on ol each pol~cy, to da
liva fo iaid MORiGAGEE a renewal thereof, toga~her wi~h a rece~pl for the premwm of such renewal; and ~hrre shall be no I~ie o~ winds~or~n insursncs
p~xed on a~y of said buildi~gs, any i~teresl therein u parl thereof, untess in the form arx! with the foss payable as a(oresaid; and in the event any sum
o/ money bccames pa~abte unde~ such policy a poGcies sa;d MORTGAGEE shall have ~he option to ~eceive and apply 1ha sa~ne on accounl oi the i~xlzbted
neu secur~d hcreby or ro permit said MORTGAGORS ro rcceive and use it o~ any p,r1 thereof ior o~h.•r ~.urE.uses, v.~~h,u~ ~h,~~ui wdl.~.,g o~ unpah-
ing any equ~ty, I~en w right under or by virtue of this mortyagc; and in the event sa~d MORTGAGORS shall fa any reason fail to keep ~hc said p+emisrs so
insured, or {ail to delive~ promptly any ol said politiea of insurance to said MORTGAGEE, or fait promptly to pay fufly any pre~~~~u~n Iherefor or in any
~espect Fail to pe~form, discharge, esecute, eiiect, comptete, tomply with and abide by Ihit cove~anl, w any part Aereof, sa~d MORIGAGEE may plrce and
pay fw such insurance or any part fhereof w~thout waivirg w•f(ecting any option, lien, equ~ty, or rigM unde~ oi by virtue of this Mortgage, a~d the
full amount of each and every such paymenl shall be immedi.tely due and payable ~nd shafl bear interesl from ~he da~e ~hereof until pa~d at the ~ate oi
n~ne per centum per a~num and together with such interest shall be sacured by the lien ol fhii mortgaga.
1, io permit, commir or suffer no waste, impairment a deterio~ation of said property w ~ny part thereof.
5. To pey a!I and singulsr the costs, charges and expenses, including a rcasonabfe anorney's tee and costs ot ab~tracts of ~~tle, incurred or paid a~
any time by said MORiGAGfE, becauae a in the event of t~e failure on the part of ~Ae said MORiGAGOR to duly, p~pnptly and fvlty per(orm, d~scharge.
>xecute, effetl, complete, compty wdh and ab~de by each and every the stepv~aflons, egreements, conditions, and covenaros of sa~d prom~ssory r?o~e and ~hii
mortgage any or ei~her, and said cosrs, charges and expenses, each and every, sMll be immediately due and payable; whether w not there be notite de~
mand, attempl to cotlect or suit pending; and the full amount of each and rvery svch paymen~ shall bear interesf hom ~he dafa thereof un~il paid at the
rate of n;ne per cent~m ~n:r anuum; and ail said costs, charges and expenses incurred or paid, togethrr w~th such interest, shall be secured by the lien of thi~
mortgage.
6. Thst (a) in the event of any breach of this Mortgage or defautt on ~he part of the MORTGAGOR, or (b) in the ever+t any of sa;d sums of money
herein refe?red to be not pro~nptly and fully paid within thi~ty (30I days next aiter the same severally become due and payable, without demand w notice,
or (c) in the event each and gvery the stipulations, agreemeNS, tonditio~s and covenants of sa:d promisso~y note and th~s mortgage any or rither are not
iuly, promptly and iulfy periormed, d:scharged, executed, effected, completed, complied with and ab~ded 5y, then in e~ther or any such event the said ag
gregafe sum mentioned in said promisswy note then remaining unpaid, with interest accr~ed, and all moneys setured hereby, shall betome due and pay-
eble forthwith, w thereatrer, at the oprion of sa~d MORTGAGEE, as futly and comple~ety as ii att of thr said sums of money were o~~ginally st~pu~ated
ro be pa;d on such day, anything in sa:d promissory note or in this Mortgage 1o the contrary notwi~hstandi,ig; and thereupon w thereafter at the oplion of
sa~d MORTGAGEE, witFwut notice or demand, suit at law or in equity, tl?erefwe w thereafter begun, may be proxcuted as if all moneys secured hereby
had matured pnw ro its institurion.
7. Ihaf in Jhe event that nt ~he beginning of or at any time pend;ng any suit upon th~i Mo~tgage, or to forecbse it, w to refwm it, or to enforce
payment o( any claims he.eunde~, said MORTGAGEE shall apply to the Court having jurisd~ction thereof for the appointmeM of a Receiver, such Coun shalt
forrhwith appoint a receiver o( said mwtgaged property all and sinqular, includ~ng al1 and sinqular ~he income, prof~ts, isaues and reve~ues from whatever
source de~ived, each and every of which, ~t being expressty understood, is hereby mortgaged as speuficalty set iwth and described in the granfing and
habendum clauses hereof, and such Receiver shall have all the broad and effective funchons and powers in anywise enfrusted by a Court to s Receiver, and
s~cb appointment shall be made by such Court as an admitted equity and a malter of absolute right to said MORiGAGEE, and withoul re(erence to the
adequacy w inadequacy of the value oi the property mo~tgaged or to the so~vency or insolvency of sa~d MORTGAGOR w Ihe defendants, and that such
re~r:, prolits, income, issues and :evenues shaU be applied by such Receiver accord~ng to the lien or equity of sa~d MORTGAGEE and tAe practice of such
Co~rt.
8. To dufy, promptly and fully perform, discharge, execute, effect, complete, comply w~th and abide by each and every the stipulations, agreements,
conditions and covenan~s in sa~d promissory note and this mortgaqe set forth.
9. ihar in the event the owreership o! tht mortgaged premises, or any part thereof, becomes vested in a perwn other than ihe MORTGAGOR, tF.e
h10RTGAGEE, its successors and assigns, may, without nofice to the MORTGAOR, deal with such successw or successor in interest with relerence to this
n:ertgage and the dabt hereby setured in the same manner as wiih Ntortgagor withour in any way vitiatiru~ or d~scha,g;ng t}~e Mortgagori liability here-
under or upon the drbt h~reby sec~red. No sa!e oF the premises hereby mortgaged and no iorbearance on the part oi the MORiGAGEE o~ its successors
or assigns and no exte~s~on of the timr for the payment of the debt hereby secured given by the MORTGAGEE or its successora or assigns, atiatl operafe
ro release, dascharge, mod;fy tha,~ge o~ alfect the orig~nal liabil;ty of the MORTGAGOR herein, either in whole or ie part.
10. It is speufically agreed that time is oi the essence of this contract and that no waiver of any obi~gation hereunder or o1 the obtigation se-
cured hereby shall at any time thereafter be held to be a waiver of the terms hereo( w of the instr~ment secured herby.
11. In acid~tion to the lorego:ng month!y paym=nts of princ'pal and interest required by the promissoty note secured hereby, morfgagor torertants
and ag~ees to pay to morrgagee xith each monthfy pay~.ient an add~~ional sum esnn:a~ed by mortgagee to be equal to 1 j 12 of the annual cos~ of the follow-
ing:
A-All real property taxes levied or assessed ag~~•~st the above describcd real estate.
&-Prem~u~ns on f~re ar,d wfndstorm insurar.ce as here~n requ~red to be carried on the improvemen?s s~t~ere on thr above d:scribed premises.
C-P~emi~ms on such mortgage guaranty insurance as martgagee shafl frcm hme to time deem fit ro carry on the loan secured hereby.
Mortgagee sha?! from t~me to time notify mortgagor in writing of the arno~~t d~e and payable hereundrr and such surn shall thereupon be due and
~,ayable on the due date of the ne¦t monthly paymem and each successive month thereafter ur,ti~ mortoagee shall notify rrwrtgagor of a change in sutb
a~~:ount. Such sums sF.a.l be appiied by mortgagee toward the payment of real property tazes, insurance prem:ums, and mortgage guaranty insurance
premiums.
IN YIITNE55 WHEREOF. the sa~d MORT~ has hereunto set his hard and sral the day a ear first aloresaid.
Sea! iv in tbe ese of: ` C
~an
~ A re Wieczo ek ,q
"'Ge'C aq
~itness Bernice L. Wieczorek r~a~j
~ SSATEOF![~!?~~~/~~~J
COUNTY OF ~L`~ # ~
! Before me perwna;ly appeared Alfred Wieezorek
and
! - ~ZA1Ce I.. Wieezorek his wife, to me well krtown and known to me to be
j the individuals described in and who execufed the foregoing instrument, ~nd acknowledged befwe me that they executed the same tor the purposes
` therein expressed. And the said Berniee i+• w3.eCZOZ~C -
+~~fe of rhe se~a _ Alfred Wieezorek upon e separate and privsre
exam~nat~on by me taken separate and apait from Fier said husband, ecknowledged to and before me that she executed said instrument freely and volurr
rar~ly and without any compulsion, constraint, apprehens~on, or fear of or from her iaid husband. l
WITNESS my hand and official seal this__? day of ~ ` D. 19 73
Notary Publ c in and fw the te f~f st Large
My Comm~ssioo expires:
Return To: •
first Federal Savings 3 loan Associat~on ARTHUR A. TYSZKA
Of fort P,e:te.
~ For P~erce, Fler~da 1JOfOI~/ Public, Woyne ~AYttlry MiC~f.
My Commission Expires D~c. 7, 1973
; 252516 : ~ ~J~~: :
This Instrument Prepared By J. H. RobeztB~Jlc. fllE~ AM4 RECOROEO
i First Federal Savings 8~ Loan Association 5?.lUC1E COUNtY ftA. t:~:•'
f of Fort Pierce ~ Rlorid2? ROCcR P4ITRAS : Q~'~ •Q j• =
CLEAK y~i~i:U1T COURT ,
Checked 8y RFCORd VE~t~tEO ; ~ , ' _
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