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HomeMy WebLinkAbout0078 3. To place and coroinuo~sly Aecp on fhe bu~'dn~gs now o~ hereairer s~toate on ia~d laiul and on atl l`C~U~N~T~@fl~ a~d persone!~y cove~ed by this mor~g- ege, w~th al) premium~ thnreon pa:d in (ull, f~rr ins~ro~.c~: ~n the ~sua~ sr.,~,d,+~d po~~cy form, in a wm aNpruved by ~hr A~OR~G:.GEE, a;~d windstaem ~nwronce in the usual uandard poLCy fwm, in a s~m app.oved by thr MORTGAGEE, in such ca*~pany ot co~npan~es as the MOkiGAGEE may dneU; ar.d all lire and w~nd~torm insurance pol~c~rs on any of said bu~id,ngs, any intere?~ tl~erein or part thereof, in the agg~ega~e sum ~taesa~d o~ in extess /hereof, shall conWin the usuat uanda~d rnortyagee ckause or such o~her ttause ai the Mortyagee may req~:re, meking tha loss u~~der sa~d poli- c~es, each and eve~y, parab'•e to said h10RtGAGtE as ~~s ~nteras? rney appear, end each and eve~y such poi~c/ ~~~all be promptty ass gned a~~d del~ve~ed ~o eny held by said MORfGAS3EE as iurther aecuriry ro ieid mor~gage dabt. and, no~ tess ~han ten 1101 days ~n ad+ance of 1he exp~~at~on of each poi~cy, to de- fver to sa~d MORTGAGEE a renewal thereof, toge~he~ wi~h a rece~pt for the p~amium of such ~enew~i; and thrre shall be ~w f~re o~ wi~,dewnn inswance plated on •ny of said buildings, any in~eres~ therem or par~ thereoi, unless in the ionn and w~th Ihe loss payeble as aforeiaid; a~d in ~he e~em any sum o~ money becomes payab~e u~.de~ such poticy or pot.ucs s~~d A10RTGAGEE sh~il have ihe oNr~on ~o ~ecc~ve and apply the se~ne on accow~? of the indcbt~~d- ness set~red hereby w to permit said MORTGAGOAS to recc~ve and use it o~ a-~~ ~,,ur ~he:rol io~ o,~•~•~ w~F~srs, ~~~~~~•~r ~~~~~~~7 ~"~a°~'' ing any equity, lien w righf undrr w by vir~ve of ~his mor'yage; a~d in ~he event sa:d MURT(~AGORS shall (or any ~eason fail to keep the sa~d premiszs so Insured. or fail lo delive~ piwnptly any of sa~d poLcies of insura~xe ro se.d A~QRIGAGEE, or fa~i p:omptly to pay fu:ly any pre~»~u~n thcrefor or in a~y respett fail to pe~form, d.scharge, execute, effeU, cw~~p~etc. co nNly wi~h and ab~de by tl~~s covenaN, or any pa~t hereof, sa~d ~dGR1GAGEE may p~ate and pay Eof such insut.u~ce or dny pdrl lhcreQf w~thout vraiv~ng or affectiny any opt~on, iien, eq~~t~, Or ri~h1 under or b~/ virtue of this Mortgdge, and the fufl amount of eath and every suth paymant shall be im~netliatciy d~,r .,~~.d ~•..r~t:te and shali bear i~deres~ from Ihtt date ~herco( until paid at the ~ate ol n;ne pe~ tentum per annuni and to~eth.•~ wnh suih ~nn•r~sr sha:. s::.: f'. ~hr t~en ol th~s mortgaye. 1. To pe~mit, eommif or suf(er no wasfe, impairmeN or de~rn:,r„~•: s~;d property w any part thereof. ~ 5. To pay all and singular the cosh, charges artd e~F:e~:srs. ~•..~~d~~ g a rrsionab!o a~rwncy's foe a~~d cosrs oi abstracts oF t~tle, incwred o~ paid a~ eny lime by said MORTGAG`.E, bKause o? in the event oi ti~e f~. ~re on ~i,e F~rt uf the said MORTGAGOR lo d~ly, promptly and fu~ly perform, d~scharge, ~xecute, efieu, complete, comp;y w•th and ab.de by e~ch and evr.~ ~hr st~r~,:',af~ons, ag:.~••nrnts, cond~t~ons, and cove~anrs o~ said pra.n~ssory note and ~hl~ mortgage any o? either, and sa:d costs, charges and eaF.•nsrs, raih and rv.~~y, shall be nr.rt~rd~ately due and paya6:e; whether or not ther~ be nonce d; mand,. aflempt to collect or a~it pend~ng; and the I~t! o•nount cf rach a~~d ever~ Svth ~:ay~rrnt shall bear imcrest fiom the date thereol un~il paid al the ~.~~c or n~ne per cemum par ai;~iu:n; onc ai, sa~o ccsis. ~~l ~~i s~~ .~w,.,,c~ N..;.:. :~y.,::.c: ...th :.^.!t:_s!. 51..11 ~t Sw,~.e.i hy ~1... bPn oF ~h~s mortgsge. ' 6. Thal (a) in the event of any breach of th~s Morrga3e o~ dei,~:~ on ft,> pa~r o~ the :.'ORTG~GOR, or (b) in the event any of sa`d sums of money - herein referred to be not promptiy and iwiy pa~d w~+h~n r~ •r~ •3:~ d~rs :x•x~ ,,~~~•r ri.e s~+~~e sereraily hecane due and payable, without de~nand or notice. er (c) in thr event each and every the stip~.a~~cMS, ag~r~~.:e~,~s, co~.d,:~u~:s a,~d co+enants o'. sa d promisso~y notc and th:a mortgage a~y or e~ther a~e ~ot ~~;y, promptly and f~lly per(ormed, dscharg~d e~.ecut~d, riEec+~-d to.r.p:eted, c:,•~.~.:~ed v~~th and ab~ded Sy, then in e:ther oi any such event the said ag- ~r~gate sum mem~oned in safd prort~~ssory n~•te ti~en ren~a~n;~,g ~npa~d, ~n,rth ~ntrr,:,i a<u:,cd, end att moneys setured hereby, st:all become due and pay- ab'e fonhw~th, or thereafrer, at ~he opr;on uf saJ M,ORiI~.%.GfE, ai fv~iy a~~d co~~;,le:e~y as if all of the sa~d sums of money were or~ginally sGpu~ated to be ~id o~ wch day, anything in s~.d pro r,~sso.y n~te or i~~ this hl~rtgege to ~he conirary notw~thstandu~g; and thereupon or thereafter at the op~~on of s~:d MORTGAGEE, witho~t no+:te or dr~,:a„d, wit at ;aw or ~n eqo,ty, ther~'cre or thereatrrr bryun, may be prosecuted as if alt moneys setured hereby n,d marured pnw to as insrit~uon. 7. That in the event tfiat at fhe teginn:ng o( or at any e~~,:e pcnd~ng any s:~~t ~pon ~his Mortgage, o~ to foreclose it, or to reiorm it, or to enforce payment of any claims he•eur.der, aa~d I:.ORTGAG~E sha : opN y to tt~_ Cou~~ haw~:g yv~nd.c::on the~eo4 for the appointment of a Receiver, such Coor1 shal! Fo;thwi~h appo~ru a rece~ver of sa~d mortgayrd propert~ a:i and Sul)U:J•, i~K+~~ ~`g aic a~,d s~~.guiar ihe income, profns, issves and revenues from whatever so:,~ce derived. each and every of wh ch, ~t i,e~r~(J Ga~%~ESS y ~nC~C~i'~.cl, ~S h~•~.~oy mo:rgaged as if speufkalty set forth and described in the gronting and hauendvm ciauses hereof, ar.d wch Receiver si:a,I ha~r o: ti~e tr.,ad e~ d r!:cK•:+e fc~•ce o~is and powers in anywise entrvsted by a Court to a Receiver, and s_;h appointment shall be made by wth Cou~t as a~: ad~~~~•.d ~ci.:.rf a~~d a~~a~te~ of abw~ure r~ght to sa~d MORTGAGEE, and wiihout reference to the adrquacy w inadequacy of the vatue of ~he prop~rry mo~~g~.,_c: or t~ ri:~ sa.<~~cy or ~~~o,v~~ncy of sa~d MORTGAGOR o~ the defendants, and ~hat such re~~~s, profits, income, iss~es and rever.ues sh~si te aFp.~•_d ty such Rec~ ~wer J.:JfCl.~'•9 To th> Gen w equ~ty of sa~d MORTGAGEE and the practice of such , Court. 8. To du~y, promptly and fu~~y pe~.`orm, d!s_tid•q2, PxB::'T~', P"c•;:, C~^~~'~t'C. CG'~'{:~y v~~rh and ab~de by each and every the stipulations, agreemems, conditions and eovenants .n sa~d prom~szor~ nvee ,r.d t~is n:=rr~~_ie s•~r fo•ri, . R Tha~ in the event the ownersh~p cf th= ~-;crr;~r_•,d ~.~r -.s~ s:•.j•~: ~:,rt ti;~~~eof, becomes vested in a perwn other tha~ the MORiGAGOR, the .'ORTGAGEE, i~s successors and asslgns, ~n.~y, w:'f~~e,t r~_ ro t~ .:1J~i'`v%•i)~. d=a: :c~t1; such successor or successor ~n ~nterest v.~th reference to this r,o~rgage ard 1he d_bl hereby sewred in the sa~^.? :~^n~,r'as ::..r•y-~Or thout in any ~vay vit+ating or d~scha.ging the hlortgagori" liability hEre- under w upon the debt ne:e~y se:v+ed. No s, a of it~ F rr ~~s~s n_•_r,. • c-~gaged ar.d no lorbearan~e on the part oi the 1AORTGAGEE or its successon cr ass:gns and no exrenz:o~ of th~~ ~;:ne f,. r~.•~ F;ai~+.e~~s ot r.~ d~!.• _t,y s~a:~ed g~vrn by the 110RTGAGEE or its successws or ass[gns, atiall operate re release, d~scharge, mod~fy change or atiect rhe o~~~~.nai i.~~;r~ 01 ri~e I:.GkiGAGOR herein, either in whole w i~ part. 10. It is speuf~cat~y agreed that t~:ne fs of rhe esse--e of ~F:~s co-~rracr end ~hat no waiver of any ob~:gat~on hereunder or of the obligation s~ cured hereby shaii at an~ tir~e thereat~er be heid ro b•_ a,r:~~..~~ of the t-rrra h:-recf o~ of 1he insrrumem setured herby. I1. in a:3d t:c:~ to +h~ <.o~egc ~r on•~r; a~•.d ~._.,sr requ~ced by the prom sacry no~r secured hereb~, mortgagor tovenants ~ a..d agrees to ~ay to mo•t3agee v~~fh e~ch ~_..•i~ ~~=~t ,:n s~^~ ~s• •~ted bf mortyage2 to be eyual to 1: 12 oi the annual cost of the-foilow- ~ A-r111 reai prorerty tax:s !ev~. ^ or ~ss~~s•._ i a7 st :::_~:e d~sc. 7 rcal esrate. I - ; B-Pr.r::u~ns cn f~re ard ti:r,dsrx n~esor,~ ce ~s r. r.. q,,.•~d to be ca•r~<J cn the :m~;rovemeats s~t~ate on the abo~ve d_scr.bed prem~ses. E C-Pre~r.[ur.•s on su:h mortg:ge g~~ar„n?V .r su~a~ :s ~ne^~a,_e Sh3!I f~c t.~.e to t;me deem Iit ~o carry on the loan secured hereby. i Mortgagee shal frcm nmc ta t~r~c nonf, rr ur~;,g_r ~n r.rr n~ ot th~ a oc,nt due ar.d payable hereundar and svch s~m sha:t thereupon be due and € ;,vab~e on tFre due dare oi the ne,c! month:j pay~nr~ ~ a~.d e-~ch wccess~ve ~*or,th rhereaft,~r ~r~tii mwtgagee shall not~fy mortgagor of a change in wch ~ ~vnt. Such su-ns s~a:i be app!ic ':y :nortg„_:•:~ w:: ,•d ri~~ c;.~y~re~,t of rr;i property taxes, insu~ance prem.ums, a~~d mortgage guaranty inwrante ' ' ~ ~ •e^,iums. . ~ IN \YITM ' HER~OF. t said 4f ~TGAG:.? ~as he•e•.~.•c set his h.y.d a«d scal ihe day a d ye ~irst afore~d. gn le '"ver the nce of: , ~ ~ - ~ ` ~ Seaq ~ _ Dg2S0 ~SZ10 (Sesq ~ • ~ 20.L~-c1 ( ~ Z~~ {Seaq ~ _ Rozalia Laszlo ~~aq STATE OF fIORIDA ~ St . Luc ie u~ COUNTY OF _ 1 Before me personalty appeared ~ZSO j.dSZlO a~ Rozalia T.dS210 his vri(e, to me well known and known to rr~ to be ~ the individuals doscribed in a~d who executed the forego~ng instrument, and acknowledged before me that they executed the same for tF~e purposes y Rozalia Laszlo ~3 rherein expressed. And the said_ _ ~ r.~~e of the said - ~250 ~SZIO , ~Fwn a separate and privats ~ ezaminat~on by mR.,[a4en separate and apart from her satd h~l6and, ackno.vledged to a~d befor4me that she executed said instrutnent freely and volun- ~ >ar~ly and w;lhbu't any,~orfipy~sion, constraint, zppr~hens.on, r fear of or from her said husband. ' ~ . ~ November 73 _ WI~Nf$5 r(iy'. haocl. anFl.oft~cial seal this_ day cf - A. D. 19 = - . ~ ,v j F. ~ ` iJotary Public in and for t ate of Fbrida at large r ; ~ . ~ • - • My Comm~ssion expires: " ~i - ' ' - RlNrn To: - ~ . ~ : ' :r, Fiat F~efJerO ,~axiigs~~iloa4. /~psoeiat~on ~rFort P:a•c~ Notary CYSGc, ;fote ot Flo:ide at ic•9s ~ Fprl•il~.rcr,' ~ id~a;'.: ^ ~ly Comm~ssion Eapins Ocf. 70. 19- b 7~ ~ • ~ /~nd~d by Aa~erican Fu~ i Cofuol~~ ~Q. ~ rr%~r~~~~;~: ' . s.a ~ This Instrument Prepared ByJ. H. RobeYts~ JY. FILEO AMD RECOROEO ~ First Federal Savings & loan Association fT.IUCIC COUNYY FU. of Fort Pierce , Florida - ~OGE~+ ~4~TRAS ~ CIERK C~:i~ UIT COUIIT t,w . ~ REGnF:p YEP'+ ~ ~ Checked 8y ~ ~ ~K'73 Elor 1~ 10 32 - ~oox 22i P~~~ ~78 zs8~z~ ~ d~ ~ ~ - . . _