Loading...
HomeMy WebLinkAbout1024 3. To plate and continvously keep on tne bui:d~ngs now or heraafter situate on sa~d ~and and on all equ~p~Tiant ar.d personally covered by this mo~ig- age, wilh all prem~ums t~ereon pa~d in fuil, fire insurance in thc usuai aranda~d pot;c~ torm, in a sum appro+~d by the h10R~GAGEE, a~~d w~ndstor~n fnsura~ce in ths uswl ~ianderd pot~cy form, in a sum approved by the MURTGAGEE, in wch tompa~y or companies as the MvR1GAGEE mey duec~; and all {iro and w~rxlsiorm insurance po~K~es on any of sa~d bu~ld~ngs, any inte~est thereirt or pa~~ ~hereof, in the a99regare t~m afo~esaid or in exceu Ihereof, shall :ontain the us~al sta~:dard mwtqagee dause w such o~her cla~se as the Mortgagee may requ.re, ma?ing t~e loss unde. sa~d poli- - ues, eath and every, payable ~o ~aid b~ORiGAGEE sa i~s inlerest may appear, a~x! each a~d every such policy shat~ be promptiy ass gned s~~d delivared ~o any held by said MORTGAGEE as fwrher s:cu~ity ~a sa~d mortgage debt, and, not feu than ten (10) days in ad~ance o1 the expiration of each poGcy, to da 6ver to said MORTGAGEE a renewal thertof, togethe~ w~lh a receipt for the premium pi such ~enewal; and there shall be no f~re or w~~~dstonn insuronce plated on any of said buiid~n9s, any interest there~n a pa~t thcreof, untess in the form a~d with Ihe loas payable as aforeiaid; and in the event a~y sum . of mo~sy becomes payable unda such policy a pohcies said MORTGAGEE shall hare the opfion ~o receive and app~y the same on account of the indebted- ness secured hereby o~ ro permit sa~d MORTGAGORS ro reteive and use it o~ any pa~t the:~~of for o:h~~r purFases, .vaiw.:t ~h~•.<ur w:.~~~y or ~n~p.,u~ ~~9 any equ~ty, lien w righl unde~ or by virtue of thii mo~!gage; and in the evero sa~d MORTGAGORS shall fa any ~rasw+ fail to keep ~he sa~d p~em~ses so insured, or fail to deliver promptly any of said pol~ties o( insurance to said MORTGAGEE, or fail promptly to pay fuily any pre»>i~m ther~for or in a~y respect fail lo perform, discharge, ~xecutg, effecl, comptete, comply with and abide by this covenant, or srty pan hereoi, said MORiGAG~E may p~ace and pay fp such~insurance or any part ~he~eof withoul waiving w afleping any opt~on, tien, cqu~ty, o? r~~W unde~ ot by virtue of this Mwtgage, and the f~ll amounl of each a~d every such paymrnt shall be immediatety due and payable snd shall bear interest lrom the date thtreof until paid at the rate o~ ~~~ne pe~ centum per annu~n a~id to~rther with suth interest shall be tecured by the ~~en oi th~s mwtgage. To permit, mmmit w su((er no waste, impairment w deterioration of said property or any part thereof. 5. To pay all and singular the cosrs, charges and expensea, ir.cluding a reasonable attwney's fee and costs of abstracts of t~tle, incurrrd or paid s1 any time by said MORIGAGfE, because or in the event of the fa~lure on the part of the said MORTGAGOR to duly, promptty and fully perform, d~scharge. e,ecute, eliett, tomplete, comply w~~h and ab:de by each and every th2 stipulat~ons, agree~n~:nts, conditions, and covenants of said prom~ssory note and thii ,~tortgage any or ei~her, and sa~d costs, charges and expenses, each and every, shall be immediately due and payable; whether w not the~e be not~ce da mand, attempt to col~ect or suit pend~ng; and the tull amount of each and every such payment shall bear interesl irom the date thereof uroil paid at the ~ore o( nine per centurn per annum; and ali said cos~s, charges and expenses incurred or pa~d, togethe~ wah such mterest, ahall be secured by the lien of th~s mortgage. k 6. That (a) in the event of any b~each of this Mwrlgaye or default on the part of the MORTGAGOR, or ;b) in the event any o~ sa:d sums of money ; herein referred to be not promptly and fully paid within thlrty (30) daya next aiter the same severally become due a~d payable, without demand w notice. or (c) in the event eath and every the sti~ulations, agreemeros, co~d~tions and covenams of sa:d promisso~y note and th~s mottgage any'or 'either arc nof iuly, promptly and (vlly perfwmed, d~scharged, exetuted, eifected, completed, comptied with a~d ab~ded Sy, tF.en in either or any such event the sa~d ag gregate sum mentioned in said promisswy note then remaining unpa~d, with interest accrued, and alI moneys secured hereby, shall become due and pay- abte fpthwith, or thereafter, at the opfion of said MORiGAGEE, as iulty and comple~ely a• if all of tt~e said svms of money were or~ginally st~pulated ro be pa~d on auch day, anything in sa~d prom~ssory oote or in this Matgage to tFx conrrary not~nrithstanding; and thereupon w therealter at tF~e op~~on of ia:d MORTGAGEE, without not~ce o~ demand, suit at taw w in equity, therefore w thereaf~er beg~n, may be prosecuted as if all moneys secured hereby n~d matured pnw to As instituhon. 7. That in the event that at t4ie beginn~ng of or at any time pending any suit upon this Mortgage, w ro fwectose it, or to reform it, or to enforce payment of any ciaims herc4nder, seid MORTGAGEE shall appty to the Court having jur~sdiction thereof for the appoi~tment of a Receiver, such Court shall forthwith appoint a receiver of said m.ortgaged property all and sirgutar, includ~ng all and singu~ar the income, profits, issue~ and revenues irom whatever source deriied, each and every of wh~ch, it bring expressly ~nderstood, is F.ereby mortgaged as if apecificalty set forth and desuibed in the g~anting and habendum cla~ses hereof, and such Receiver shall have all the broad and effective funcr:ons and powers in anyw~se entrusted by a Cou~t to a Receiver, and i~ch appointment shall be made by such Court as an admitted equity and a ma~ier of abso~ute right to said MORTGAGfE, a~d without reference to the adequacy w inadequacy of the value of the p~operty mortgeged or tu ~he so~~ency or ~nsoivency of said MORTGAGOR or the defPndants, and that s~ch re~,rs, profits, income, issues and revenues shall be applied by sucli Receiver accord~ng to the lien or equity of said MORTGAGEE and the p?actice of such- Gourt. 8: To duty, promptly and fu:ly pe~form, d~scha.ge, execu~e, effect, complete, comply w~~h and abide by each and every the stipulations, agreemems, ..1 conditions and covenants in sa~d promissory note and this mort~age set fath. 9. That in the even? the ownershtp of the mortgaged prem~ses, or any part thereof, becomes vested in a person other than the MORTGAGOR, the :'ORTGAGEE, its successws and assigns, may, withour nonce to the AIURTGAOR, deal with such successw or successor in imerest wi~h reference to this n,o~tgage and the debt hereby secured in the same manner as w~th ldortgagor w~thout in any way vitlating or d~scharging the Mortgagors' .liabiliq herr under w upon the debt hereby sec~red. No sale of ~he premises hereby mortgaged and no forbearance on the part of the MORiGAGEE w its successors or assigns and no exrens~on of rhe time for the payment of the debt hereby secured g~ven by the MORiGAGEE or its successws or ass~gns, s+~all operate to release, d~scharge, modify change or affect the orig~nal liab~l~ty of the MORiGAGOR herei~, either in whole or in part. 10. It is speufically eg~eed that time is of the essen:e of this contract and that no waiver of any ohl~gat~on hereunder w of the obligation sr cured heteby shalt at any time thereafter be held to be a waiver of the terms hereof or of the instrumeM secuted herby. 11. In atid~tio~ to the foregc ng month!y payments o! pruu';.al and iroe•esr reqvired by the prom~ssory nor~ xcvred !~ereb~, mortgagor covena~ts ~~,d agrees to pay to mortgagee v~'ah each mon~h~y pa~~.~ent an add:r~onal sum est~~..ated by mortgagee to be eq~al to 1; 12 of the an~~al cost of the follow- ~,g: A-Atl real property taxes levied o+ ass~ssed ag.3inst the ak:ove described rrat estate. ~ B-Prc~.:~u~ns o~ f~re and vi~ndstorm insurarce as he~c~n requ:red to be carned on the ~~provemeats s~tuate on th~ abovc d~scribed premises. i G-Pr~r.~ums on such mortg~ge guaranty ir.svra~:ce as mc~tgagee shall froT t•me tp t:me deem fit to catry on the loan setured hereby. i Mort~ageeo sha:l from time to t~me noefy mortgagor in writing o4 the amo~nr due and payabte hereunder and such sum shafi thereupon be due and ! ~~Yable o~ the due date of ih> next monthty payment and each successive month thereafter uotil mortgagee shaH nonfy mortgagar of a change in such e•ounr. Such sums sFail be apptied 6y mortgagNe to~ard the payment of real proper~y taaes, insurance prem:ums, and mortgage guaranty insurance ° rnemiums. f IN Y1ITNESS V'lHEREOF, the said MORTGAGOR has he~eunto set his hand and seal the day a ar first foresaid. 6 Signed, Seated a~d delivered in the p~esence of: i~I~~'"""~~^"'~' ~~~/y~~~~ ` (Seal) - ~ . Matthew C ru cala ~~aq ~ ~ (Seal) € ` Rose Chrupc a ~~ai~ ~ _ ~ _ ' ~ SiATE Of FIORIDA ; COUNTY OF St: LI1Cle ~ 5/~~~~~lr%i~"~ ~I(i~~~'~uc ~ Matthepr Chrupcala Before me perso~al{y appeared and ~ ROS@ Chrupeala his wife, to me well krro~vn and known to me fo be ~ the individuals described in and who executed the foregoing instrummt, and acknowledged before me that they executed the same for the purposes ~ sherein expressed. And the said _ ROS@ CtlZll,~Cala - ~ .v~fe of the said - _ ~tthEM Chrupcala upon a separate and private e.am~nat~on by me taken separate and apart from her said husband, acknowledged to and before me that she executed said instrument freeiy and volvn- ~ +a.~1y and without any compu:sio~, consiraint, apprehens:on, w fear of or irom her said husband. ~ WITNE55 `r~yt~hdAHqry~~9fficial seal th~s_. ~3 _ day of `j~e - A. D. 19 73 ~ ~ ~ 1~.} . ~ 'y i,~~b~ ~"fQ+ ~~I~ • y;~ ~ Notary Public in and far t tate of florida at Large t3 v~' • , My Commasion expires: `A~RY`ti k~ _p . i ~~~liVf~l TO: i . • - ~ _ _ First~edetal ~Sarirygi '~i: iaan' alion . s:' Maory ?~bfiu, Stof• of ibeido a1 10?~ ~ ~~'fort P; rfp ~ Gl ~ Mp Cemmi:sion bpins Qq. ~p ~ ' ~ FL`f ~'~1`Ffl ~'~~d~= U ~ . 197~ . ' ~i C1 ' ~ ~wedrd ~y •n...L.r s;.~ S :iuivoi"ry LO. ~ .,t, . Q- . ~ r,, _ ~ 256820 , r ~ ''~,;,~T c p'T`~~~r. =x° This Instrument Prepared ByJ. H. Roberts ~ Jz. ' } fliEi ~ ~ FC:RDED First Federal Savings & loan Association ST.II,~;~C ~:~-~H:Y f~A. - „a _ of Fort Pierce RloZida ~'"f L ' CL~R!'. ' ~0'JRi ~ pc~~.-r: Checked ey ~ ~ - ~ ~uN !2 23 PN'73 a w~ ~ ~ o R - Boox215 ~~1022 .'r aa* _ `a . _ ~ . . _ _ _ . . . . r~'~ , . _ . . . _ . . _ _ . .