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Home My WebLink About1012 9. To place snd co~f~nuously Mcep on ehe bu~:d~ngs now w hereafter •~~uata on sa~d land a~+d on a~t eq~ipment and persona~~y cove.ed by thii matg~ ege, wi?h aU p~emiumi fhereon pa~d in ivll, fi~e inw~ance in the us~a1 s~anderd policy fo~m, in a sum appro~ed by the MORtGAGEE, and w~~da+orm ~nsuronce in the usual a~ando.d pol,cy ta~n, in a s~m approfcd by the MORiGAGEE, i~ sirch canpany oi companies at tM MORTGAGEf may dired; ~nd atl ti~e and w~ndstorm insurance poliuei on any o1 se;d build~ngi, any imerest therein or part thereof, in ths aggrega~e aum ~toresald or In exceu thereof, ahall contain ~he usual sta~~da~d morrgagas dause w such o~her clause as ~he Mortg~ges may requ~rs, maM~nq the bu unde~ ia~d polf cisf, rach and eve~y. payabte to seid A1pRTGAGEE as its iroe~esl may appoar, and each and every such po~~cp shall br promptty iss gned and delivered ~o •ny held by said MORTGAGEE as furthrr security to said mortgage debt, and, not less than ten (10) days in advance of the expiral~on o4 cach pol~cy, to de- IivN to said MORTGAGEE a ~enewal thereof, toge~her with a receipl fo~ dx premium ol such renewal; and ~htte shafl be no frte or windstorm in:urance p~a<ed on any of said bvilding~, any intereat the~e~n or pn~t thereof, unless in tM form and wifh ~M loss payable at atoresaid; and in tFu evenl any s~m ef mo++ey becomes payable vnder wch policy o~ policies said MORiGAGEE shall have the opt~on ro rece~ve and apply the same on account of ths indebtrd- ness fecured her~by or to permit said MORTGAGORS to reCeive and use it w any part thereot for uthcr p~r,.osrs, vi~~ho.,t th_-r. u~ wa~v~ ig u~ ~n:pai~- ir~g any eqv~ty, lien a right under w by virtue of tF~is mo:tgage; a~d i~ the event sa+d MORTGAGORS shall for any reason fait to keep the said premiszs so insured, or fail to delive~ promptly any of said pol~ues ol insurance to sa~d MORTGAGEE, a fait p+omptiy to pay (ulty any pre~nium therefor o~ in any :espett fai! to per(am, d+scha~9e, eaecw.e, effec~, compkte, comply wi~h and ab~de by this tove~anl, or any pa~t he~eof, sa~d MGRTGAGEE may place a~d pay fw such insurante or eny part thereof withoul waiving or aitecting any optiw?, lien, cqu~t~ or nght ~nder or b~ vir?ue of ~his Mortga9e, and tht f~~ll amount of each and evarv auch oavmant shall be immediately dve and payable and sha!! bear inlerest from the date thrreof umil paid a~ the ra~e o1 ~~ne pe~ centum per annum and to~Ethe~ w~~h such imerest shall be sec~re~ by tt~e t~en ot tn~s ~notlg~ge. 1. To pe~mit, commit or s~ffer no waste, impairmtnt pr deterioration of said propery ot any part therepf. 5. To pay sll and singulsr the costs, charpes and expenus, including s reasw~able s~torney i fee snd cos~s of abs~raUS of titte, i~curred w paid ar any time by said MORTGAGEE, because oi in the event of !he fa~lure on the part of ~he said MORTGAGOR to duly, promptly and fu11y pe~fprm, d~xharge. execute, efFect, comple~e, comply w~th and ab;de by each and every the ~tipulano~s, agreements, cond~tions, and covenanrs of said promissory note and this m.ortgage any o? ei~her, and sa~d costs, charges and expenses, each and every, sMll be immed~ately dve and payable; .vhe~her a not there be not;ce d~ mand, altempt to cot{ect Ot s~it pend~ng; and the full amovnt of eath and every svch payment shatl bea• interest from the date thereof untif paid at the re~e of rwie per centum per an~wnr, e~id all sa~d ~osts, cF~arges and exnense~ incurred p paid, togefher wdh suth interest, shali be secwed by ths liao of fh+a mortpage. 6. Thaf {a) in the event of any brrach of this M.ortgage or default on the part ot the MORTGAGOR, w(b) in the evenf any of said sums of mo~ey herein referred to be not pranptly and fully paid wi~hin thuty (301 days next afte~ the same seve~atly become due snd payable, without demand or notice, or (c) in fhe event eacb and every the st~putations, agreemenrs, cond~Y~ons and covenants of sa;d promissory note and th~s mortgage any or either are not ~uly, prompdy and fully periormed, d~scharged, e~ecuted, elfected, compteted, compGed with and abided by, then in e~ther w any such event the said ag- gregate sum rnentioried in said promissory nore then remaining u~paid, with interest scc.ued, and all mo~eys secured hereby, shall become dus and pay~ able forthwith, or theceafter, at fhe opr~on of said MORiGAGEE, as fully and comple~ely as if all of ~he satd wma of mooey were o~~g~nally st~pulated to be pa~d on suth day, anything in sa.d promissory note or in this Mortgage to the contra~y ~otwithstandfng; and thereupon or lhereafter at ~he oprioo of sa~d MORTGAGfE, without rot~ce or demand, suet at taw a in equity, therefwe w thereafter begun, may be prosecuted as if alt moneys secured hereby had matured p~~or ro~ts institution. 7. inat in tne event mai ai ine ~m~7~ oi-o; at a,-, ' ~r~^ !h;: ~u~•!~r~., n, ~n ft,.~?nsc it, a to ~eform if, or to enforte bey~ K3 i:..~~ ,.:r.y a:, s~:. payment of any claims he~tunder, said MOR~GAGEE shaf! apply to the Court bavi~g ~vr.sd~ction tbereot 1w the appointment of a Receiver, such Cou~t shall Forthwith appoint a receiver of said mortgaged property all and singular, intlud~ng all and singu~ar the income, p~ol~ts, issues and revenues f~om whatever seurce de~ived, each and every of wh;ch, it being express!y understood, is hereby mortgaged as if speuflcrtly set foreh and described in the granting and habendum clauses hereof, and such Receiver shail have all the broad artd effective funce,flns and powers in anyw~se entrusred by a Cou~l to a Receiver, a~d s~'~+ _CoucLax.-~n ar~.n:tted,_qu;:y an.f a t ( absofure n M to said MORTGAGEE, snd without rcference 1o the adequacy or inadequacy of the vatue of ~he prope~ty mortgaged or to the so,venty or insoivency o~ sa~d MOR w the3eie an s, and'TK3t-SUc ren~s, profits, income, issues and revenues shali be appiied by such Receiver accord~ng to the lien or equity of said MORT6AC~EE a~d the praUice of such Court. ~ 8. To duty, promptly and fully perform, discharge, execute, effect, comptete, comply w~th snd abide by each and every the stipulations, agreemems, conditions and covenants ~n sa~d prom~ssory note and th~s mo~tgage set fwth. 9. That in the event the ownership of the mortgaged prem~ses, w any part thereof, becomes vested in a person othe? than the MORTGAGOR, the MORTGAGEE, its successas and assigns, may, without notice ro ~he MORTGAOR, deal with such successor or wccessor in interest wifb reference l0 lhis mortgage and the deb~ hereby aetured in the same manner as with Mortgagor w]thout in aoy way vitiating or d~uharging the Mpngagprs' liebiiity haro- under w upon the debt hereby sec~red. No sale of the Fremixs hereby mongaged and no forbearance on Ihe part of the rAORTGAGEE w its successors or assigns and no extension ot the time fw the payment of tlx debt hereby secured given by the MORTGAGEE or its successors or au~gns, s:~ali operale - ro releax, d~scharge, modify change or affea the original lian~lity of the 11M1ORTGAGOR herein, either in whole or in part. 10. It is specifically agreed that time is of the essence of this contract and that no waiver o1 any obligat~on hereunder or of the obligaYan se- cured hereby shall ar any t"rme thereaftei be heJd to be a waiver of the te~ms hereof a of the instrument secured herby. l l. In add:tion to the fwego~ng monshty payments of p~int paf and interest requ'ued by the prom~sscry no!e se:ured hereby, mortgagar tovenants a~d a~rees to pay to mortgagee with each momhly pay~nent an add~nonal svm es!~ma~ed by mortgagee to be eq~al to 1;' 12 of the annual cost of the follow- inq: A-AI! real property taxes levied or assessed aga;nst tnc above describcd mal estate_ B-Premiums on iire ar,d windsrorm insvrance as herein requ~red to be carried on the improvements situate. on the above desuibed premises. C-P~emi~ms on such rt:ortgage guarartty ir.swa..ce as mc+tgagee shal! fra:. tlr.~e to time deem fit fo tarry on the loao secured hereby. Mortgagee shail fra~~ time to time no~ify mor~gago. in vvr~t~ng pf the amount due and payable hereundar and such su~n shaH thereupon be due and ;ayeble on the due date oi the next n,onth!y paymenf and each s~ccessive mo.~th thereaiter ur,til mortgagee shall rwtify mortgagor of a change in such a•-iount. $uch sums shai? be app!ied by mortgagee toward the payment of real property taaes, inswa~te prem:ums, a~id mortgage guaranty insurante p•emiums. IN Y~{TNESS LYHER~OF, the said N10RTGAGOR has hereunto set his hand and seal the da~ and year fint afor said. Signed, Sealed and delivered in the presence of: ~ ~ ' +4 ' Alex nder F Raca ki ~ ~ (Stan ' ~ Seal) ~ _ Mar3_1 A:~ Rd ski t~a~~ ~ ~ - j STATE OF Ka(R~R1 . ~ COUNTY OF ~ ~ ~ ( ~ ~ t Before me personally appeared Alexander F• Raez~ski, a~ > ~r31VYS A Rac~ynalci his wife, to me wefl known and known to me to be ~ the indrv~duats described in and who eaecuted the iwegoing instrument, and adcnorN?edge~/ beFwe me that they executed the same for the purposes ` rherein expressed. And the said MaziZyn A~ Raczynski E .v;Ie of tF~e said Alexander F• R$C~}/T)S~Cl upon • xparate att~Qrivate ~ efamination by me taken separate and apart from her said husband, acknowledged to and before me that she exetuted said Mst~qe~f~~,,~,,,(~yqlun~ : tariiy and witAout any [omputsion, constreint, appreh ea~ ef w from yKy said husba~d, •H!~ "za~- '4•. ~ WtTNESS my hand and of(icia! sea! thi of ~,Q'~'~~~~~~ ` ~ ~ _ . No~ary Public in a~ ~or the Sfi)e~f~flQ~~Qt-~~a; 2 ~ ; My Commiuio~ expires: ' • r~' ~~f ~ ~ ~ Retum To: % 7 • ~ , 4 'r First Fede?al Savings E~ Loan Associarion - ' Of Fort P;erce. , .s ' Fon P~erce. florida . ~ . ~ f /-7-~~ ~ 3 4 This Instrument Prepared By J. H. Robert5 ~ Jz. f~(~~ Ah~ p. ; ~Q ~4qRUED First federal Savings & Loan Association iT. LU4t` ~GifMTY ftA, ~ rG+s3~ ; of Fort Pierce~ FZorida ROOER pp1TA~5 42 CIfP.?; C1=CUIT ~pURT , Checked By ~ A¢~'~'~~ vG~~'!£~ ' BOUK~~B PACf',O~ ~ 6 1126 PH ~~3 _ : - ~t ~ ~.~;:s r , _ . - ~ ~~~,r