The URL can be used to link to this page

Home My WebLink About2351 f To plac~ a~+d com~nuously 4eep on ~M bu~!d~ng~ now a he~ea(tN utu~t~ on sa~d land and on aii equip„kn~ and penonally covNed by ~hi~ ma~p- wilh ~11 premium~ 1he~eon pa~d in fuil, tire insvrance ~n tM usual standard policy form, in • 1um ~pprov~d by tFN MORfGAGEE. ~nd windstam ~nfv~ae?c~ in IM ~swl Nandard pol~cy fwm. in a sum approvsd by tM MORiGAGEE, in such company w compani~s as tM MORTGAGEE may dinclr ~nd all iir~ ~nd w~~ds~orm iruu~ance poliues on ~ny of u~d build~nps. any inle~eft tFKr~in pr pa~t Ihtreof, i~ 1M ayqrep~~~ wm ~fu~s~id a in ~xuu lhereof, sMll contain ihe usual uandard malgape~ claus~ a such oihe. claus~ ~s tM AAortqays~ may reqvu~, makinp ~I» lou unde~ sa~d poli~ ciy, ~xh and ewry, payabte to aa~d MORTGAGEE ai ~ti imerest may appear, and each u~d tvery sucA polrcy ~hall bs promptly a~i.qned and d~1i~~.ed ~o +ny held by said MORiGAGEE as furthe~ seturity to said mw~yaye debt, and, ~ot les~ tMn ten (10) dayt in advante of tiM •xpir~tion of esch policy, to dt tivN to said MORTGAGEE • renewal the~eol, toge~hei with a rece~pt for ~he premium of ~~ch renewal; ~nd ~her~ sMll b~ f10 Iif~ a windsto~m in~ur~nc~ pl~ced on ~~y of uid buildinps, ~ny intereft therein or parl thereof, ~nleu in ~he form and with tM los~ payable at afo~~iaids u+d i~ tM •vent any sum of monsy becomei p~yable under such policy w polKies said MORTC,AGfE shaH have rhe opt~on to receive and appl y the sarrN on aaoum of tM indeb~ed~ neia secured hereby a to permit iaid MORTGAGORS to receive and us~ if w•ny part ~hercof for oTher purposei, .vl~hout th:reb/ wai~in~ o. unpai.- in9 any eQ~iy, lien or right ~nda or by virtus of this mors9age; and in ths event ta~d MORTGAGORS shati fw any reason fail to keap the sa~d premises so insured, w fail to delivea promptly any of said policies of insurance ~o ssid MORTGAGfE, a fail promptly to pay fully ~ny premium therefw p in ~ny respect fail to perfwm, discharge, execute, effec~, complete, comply wilh and abide by this covenan~, or ~ny part hereof, said MORTGAGEE may pl~ce and pay fw such (nsurante or sny part the~eof withw?t wsiving os affectir~ any option, lien, eqv+ty, w?ight under or by virtw of this Malgsye, and tht full ~mount of each and every :uch payment shatl bs immed'utely due and payabla and shall besr interest from ths date thereof ~ntil paid at the rate ol niM per ~entum per annum and togelher wifh auch intereet shall be secured by the lien of this mwtyage. To permit, tommit w auffer no wute, impai~ment ot detcrioration of uid propetty or eny part thereof. 5. To pay ait snd air?pufu the costs, charges and expenses, includFng a rcasonable attorney i fee snd costs of abstracts ot title, ir~curred o. paid at eny time by said MORTGAG£E, betauss a in the event of the failure on the part of 1he uid MORTGAGOQ 1o duly, promptly and fuliy perform, distha~ge, execute, eftect, complcte, comply w~th and abide by esch and every ~he stiputations, agreemenri, condirions, and covenants of said prpm;ssory note and this mortgags any or e7~her, and sa~d costs, charges and expenses, each and every, thall be immediately due and payable; whether p not there be ~ot~ce de~ mand, attempt to collect or suit pendlr+g; and the full amount of each and every such payment shall bea? interest from the datp thereot untii paid et fhe .aee ot nine pe~ centurn per annum; and all said cosrs, charges and expenses ;ncurred w paid, togetFur w,th svth interest, shall be eecured by the lien of Ihif mortyage. 6. That (a) in the event of any breach of this Mwtgsge or default or? the part of the MORTGAGOR, or (b) in the event ~ny of aid s~ms of money herein refe?red to be nof promptly and fully paid wifhin ihirty (3p) days next afte~ fhe same uvaally beconie due and payable, wi~houf demand w notice, or (c) in the evenl exh and every 1F~e stipulatiw~s, agreemenri, cond~tio~s and covenants of sa~d promiuory note and this mortga9e any p either are ~wf ~uly, prompNy and fully performed, discharged, executed, effected, completed, complied with a~d abided py, then in either or any sucli event ths said ig gregate sum rrKntioned in said promissory note then r~maining unpaid, with inte?est acuued, a~+d ail mor?eys secured hereby, sMll become dw +nd pay- able forthwith, a therealte~, a1 Ihe option of said MORTGAGEE, as fulty and completely as if all of ~he said wms of money were orpinally st~pulated to be paid o~ such day, anything in sa;d prom~ssory note or in this Mo?tgage to fhe contrary notwithstanding; and thereupon or thereafte~ al the option of said MORTGAGEE, without notice or demand, suit at law a in equity, there(we or thcreafter begun, may be prosecuted ~s if all moneys ietured hereby had matured priw ro its institution. 7. Tha1 in the event that at the beginning of or at any time pendirg any suit upon this Mortgage, w to fweclosa it, or to refam it, w to enforce paymt~f of a~y claims hereunder, said MORTGAGEE shall apply to the Court having jurisdiction thereof for the ~ppointment of a Receiver, such Court shall forthwith appoint a receiver of said mo~tgaged p~operty alt and singular, includ~ng all and singoisr the income, profits, issues and revenves from wF~aterer wu,ce derived, exh snd every of wh~ch, it being expressfy understood, is hereby mo~tgaged as if spec~ficalty set forth and described i~ the granting and habendum clauses hereof, and such Receiver shall have all the broad and effective funcnons a~d poweri in aoywise entrusted by ~ Court to a Receiver, ~nd such appointment ahail be made by s~th Gourt as an admitted equity and a mafter of absolute rlght to uid MORTGAGEE, and witFaut reference to the adequacy w inadequacy of the value of the properry mortgaged or to the so~vency w insolvency of sa7d MORTGAGOR a 1he defendants, and that such renrs, profits, ~ncome, iuues and revenues shall be applied by such Receiver according to the lien w equity of said MORTGAGEE and the prac?ice of such Court. 8. To dufy, promptly and fully perform, discharge, execute, ef(ect, complete, comply with and abide by each and every the stipulations, agreemeMS, conaitions and covenants in sa~d promissory note and this mortgage set forth. 9. That in the event the ownersF~ip of the mortgaged premise's, or any part thereof, becomes vested in a perwn other ihan fhe MORTGAGpR, fhe MORTGAGEE, its successors and assigns, may, without notice to the MORTGAOR, deal with such successw or successor in interest with reference to this mortgage and Ihe debt I~ereby secured in the same manner as with Mortgagor without i~ a~y way vitialing w dixharging the Mortgagors' liability .herr under u upon the debt hereby secured. No sale of fhe prem7ses hereby mortgaged and no forbearance on the part of the MORTGAGEE w itt tutcessors or assigns and no eatension of the time fa the payment of the debt 6ereby secured given by the MORTGAGEE or its successas w auigns, shall operate to release, discharg~, mociify change o? affect the original tiauitity of the MARTGAGOR herein, eifher in whole or in pa~f. 10. tt is speciiicafly agreed that time is of the esxnce of this cont~act and that no wsiver of any obligation hereunder w of the obliyaYan se- cured hereby shall at any time thereafter be held to be a waiver of the terms hereof a of the instrument tetured herby. 11. In addition to ihe (orego'ng monthly payments of princ'pal and interest required by the promiuory note secured hereby, mortgagor covenanis and agrees to pay to mortgagee wifh each momhly payrnent an add~ranal sum esrimated by mortgagee to be equal to 1/12 of the ann~al cost of tF~e follow- ~ng: A-All real property taxes levied or assessed agai~st thc above described real estate. B-Premiums on fire and windsto~m insurance as herein requ~red to be ca~ried o~ the improveme~ts situate on the above described premises. C-Premiums on such mutgage guaranty insurar~ce as mortgagee shalf from t~me to time dee~n fit to carry on the ban secured hereby. Mortgagee shall trom time to time notify mortgagor in writing of the amount due artd payable hereunder and such sum shall thereupon be due and Fayable on the due date of ~he next monthly payment and each successive month thereafter urtil mortgagee shall notify mortgagw of a change in auch ~ amount. $~~h sums shall be appiied by morfgagee toward the payment of real property~ taxes, insurance premiums, and mortgage guaranfy insursnce premiums. IN Y~ITNESS WNEREOF, the said MORTGAGOR has hereunto xt his hand and seal the day and year first afw said. , igned, Seated and delive in the presence of: k~ .iL~2~~l~ (Se•4 ~ ~ ~ Ke th ast r ,n ~-(1-tr[-v 1 ~ r~-1~ _ : !t ~ Sean I J Isie xastner ,~,n ; SiATE OF FLORIDA ~ cour,nr oF St. Lucie Befwe me penonally appeared K~~eth Kastner a~ Elsie Kastner his wife, to me weH known and known to me to be the individuals described in and who executed the foregang instrument, and acknowledged before me that they executed the same fa the purposet , rherein expresxd. ArxF the taid ~ A Y - ~~re of r~ ,~;a Kenne~h Kastner ~~Q~1~, j•a~a a~~.t~ exam~nation by me taken separate and apart from her aid h~nd, acknowl and be-fwe me that she ezecvted said iidt~vment fr~e vplwr rariiy and witfw~t any compulsion, constiaint, aPPr on,~ ear of a rom her sai usband. ~7~i 4~ . f-!]. ~~......~~-~~9y~_ WITNESS my hand and official seal thi da of Ma .l ~ 3 - , ;C~ v : r~ , - , ~~_~y , _ otary Public in snd for the~tsfe=of idp~t tft~~ r~ = My Commission expires: " 4: l`7 • e Return To: _ , : y„ . ~ Firsf federal Savings a Loan Association . ~~$(~rd~k.~1(~pQ • ~ Of Port Prerte. . ~ :`1J 7 1 1' Fort Pierce, Florida ~s ~~Ye ~4's~~ ~ 253639 + ~.,7 This Instrument Prepared By JOlu1 W. Coll ' ~ ~ ! . F+rst Federa) Savin s& Loan Association ~ZO ANC RfC0il0E~ 9 ST.lUC1E COUNTY f1A. of Forf Pierce , Florida ROCER F~JtTRAS ~ q~ CIERR C1RCUtT COURT Checked By L_____~ RECORD VfR:FiED jg ; eocx ~13 PACf ~34$ Miur ~t 4 3i PM'73 ~ ~ ; ~ ~ , - - - ~ a ~