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3. To p+ace and con~inuo„sly keep on the F,~,PJ~ng: now w herealrer s~tuete on sald land and o~ al! equ~pnwm and personally covrred by this morig-
ags, with all prN~vums thrrron pa:d in tulf, 1ue i~iw~ance ~n Iha usual standard polity form, in a sum a~,proved by tha h10R+GAGEE, and wi~idsrorm
insurince in the uwal uandard poCcy form, in a sum approved by the MORIGAGEf, i~ suth company or companies af the MORTGAGEE may
direcr, and all fi~e and w;~ds~orm i~~surance poGu~a on any of sa~d build~ngs, ~ny interesl therein or parl thcrcoi, in the aggrega~e sum a}oresa~d w
in excess ~hrreof, shall coniain ~he ~sua1 at~+~dard moreyagee clause or such other dause ss the Morrgagee nwy requ~re, maAing the ioss under sv~d pol~
cies, eath and every, payable to said MuRi(1AGEE as ~ts iroerest may appear, and each and eve~y tuch pclicy thal? be prom~~tly ass g~~ed a~~d de~~ver~•d to
any held by sa~d A10RIGA~aEE as (urrhrr secu~~ty to said morigage drbt, and, not lesa than 1en (10) daya in advance of the expiration of eact~ potity, to de-
trver ?o said MORiGAGEE a renewal thereof, togerher with a r~e~pt for the premium of such renewal; arid there shal{ be no f~re or w~~~dstorm insurance
p~aced on any of sa~d bwldings, any in~ereit therein w part thereof, unless in the (o?m and wi~h the losf payable as aforenaed; and in the e~eN any sum
of money beco~ne~ payabfe ~nder s4ch policy p pol;cies said MORTGAGEE shaH have the optioa ro receive and apply the sa~ne on account o( the indoused-
ness secured htreby w ro pennit sa~d MORTGAGORS to receive and use it or eny parl thrreof fm o~nrr pur~~osrs, .~::il»„t ~h~<<ur ~v_~.~.:a or ~:~~poi~-
ing any equrty, lien or rigM under or by ~inue of this mor:gage; a~~d In the event sa~d M0~2TGr~GORS shaU fw any reaaoo fait to k~ep the sa~d premf:~•s so
insured, or fait fo de~iver pro~nptly any of said pof,cies ot insurance lo sa;d MORTGAGEE, or i~,l prompi!y to pay futly any premivm therelor or in any
~espect fail to per(o~m, d~scharge, execute, effecl, cornpiere, comply with end abide by this covenanf, or any part he~eof, sa~d MORIGAGEE may place a~~C
pay fo~ such insurance or any parf thrreof w~thout waiving or affecting any opt~on, lien, equ~ty, or ~+ght under w by virtur oi this hlo~tgage, and the
full amount of each and e.e~y such pay~nrnt sha11 br immediately due a~d payable and shal! bear interest frum the date thercoF ~ntil pa~d at the rate ol
nine per centum per annwn and to~ethar v~dh such imrre:t shaf; t~e sccured by the lien of Ihis mortgage.
To permit, tommit ot suffer no waste, impairment ot defzriotation o~ sa~d property or any part thereoL
5. To pay slt and sing~tar the costs, charges and exper.ses, including a reasortable atto~ney's fee end cosrs of abstratts of title, incur~ed or paid at
any time by aaid MORTGAG:E, beca~se o~ in ~he event of the failure on the pan of the said MORTGAGOR to duly, prompNy and f~tly perf~rm, d~scharge,
>xewte, etfet~, complete, comply wnh and ab:de by each and every the stipvla~~ons, agree~»ents, condi~ions, and covenants oi sa~d prom~ssory note and this
mo~tgaga any or eifher, and sa d costs, charges and exeens~s, each and every, sha11 tx immrdiately due and payable: whether or ~ot there be not~ce de
mand, attempt to collect or suit pend~ng; and the full amount of each and every such paymem shall Ixar interest irom the date thereof until paid at the
r~te ol nine per crnt~m par annom; ancf a11 said cosrs, cha~ges and expense3 inturred or paid, togrther w~th such interest, ahall be secured by the t~en of lhis
mortgage.
6. That (a) in the evenl of any breach of this Moirgage or defauit on the part of the MORTGAGOR, cr (b) in the event any of sa:d sums of money
herein referred to be not promptfy ar,d futly paid k-irhin th~~ty f301 days ~ext atrer fhe same seveiatty becane due and payable, wittwut demand or notice,
or (c) in the erem each and every the st~~xr(arions, aqreements, c~nd~t~ons and covenants of sa.d promissory note and th~s mo~tgage any or either are nof
~uly, promptfy and f~~!y performed, d,scharged, executed, effected, completed, comp:~ed with and ab~ded 5y, the~ in either or any such event the sa,d ag
gregate sum ment~oned in sa~d pro~„~~sory note then remaining unpaid, with intert;t accrued, and atl moneys setured hereby, shall become due and pay-
ab!e forthwith, o~ thereaft~r, a~ the optio~ of sa~d h10RTGAGEE, as fully and completely as iE aH of thr said s~ms of money were or~ginaily shp~Eated
ro be pafd on such day, anything in sa.d p~om~sswy nore or in this Mortgage ro the conuary notwiihstanding; and thereupor~ or thereafter a~ the opuon of
sn;d MORTGAGEE, w~rhout notice or demand, sui~ at law or in eq~i~y, the:efore or tAereafter begun, may be prosecuted as if all moneys secured hereby
ned mawred pnor Io ns instit~hon.
7. That in the event thaf at the beginning of or at any rime pending any suit upon this J1'ortgage, w to foreclose it, or to reform it, o~ to ento~ce
payment of any cto~ms hereunder, said MORiGAGEE shafl apply to the Cou~~ having ~unsd~ction thereof for the appolntmem of a Receiver, wch Cou~1 shall
torlhwith appoint a receiver oF sa~d mortgaged properti ail and singular, inc{ud~ng ai( and singvlar fhe income, profds, issues and revenves from whatever
snu~ce derived, eoch and every of wh:ch, it be~r,g expressly unders~ood, is hereby mortgaged as if speaf~cally set forth and described in the grart~ng and
~»bendum clavses h.~reof, ar.d such Rece~ver shail have a!1 the broad and effective f~nct~ons ar.d powers in anywise entrusted by a Co~rt to a Receiver, and
s_ch appointme~v shall be made by such Co~rt as an admirted equity and a marter af a6soiute ~~ght ?o said MORTGAGEE, and without reference to the
adequacy or inadequar~ of tF.e val~e of the property mortgaged or to the sc.vency or ~nsoi~ency oI said MORTGAGOR w the defendants, and ~hat wch
re~rs, profits, income, issues and revenues shall be appt~ed by such Receiver accordmg to the I~en or equity of sa~d MORTGAGEE and tFie prectice of such
Court.
8. To duly, promptty and f~lly perfor~n, d:scharge, execute, effect, complere, comply with and abide by each and every the stipulations, ag~ee~nents,
conditions and tovenants ~n sa~d promissory note and this mortgage set fwOh.
9. That in the eveM the ownership of the mortgaged pren:~ses, or any part thereof, becomes vested in a person orher than the MORTGAGOR, the
' h10RTGAGEE, its successws and ass~gns, may, ~w;ihou~ nu~ice to the ~Y10RTG%.OR, deal w;th such successor or successor in interest with reference lo this
mo~tgage and the debt hereby sec~red "+n the same ma~ner as w~th Mortgago. vfithout in a~y way vitlating or d~stharg~ng the Mortgayori fiability here-
~nder or upon the debt he~eby secu~ed. No sate of the Fremises hereby mortgaged ar,d no forbeara~ce on the pan ot the /dQRiGAGEE w its suctessor=
or ass~gns ard no exrer~slon of the time for ihe payment cf the deb~ h~reby secu~ed given by the MURTGAGEE or irs successors or aas:gns, a~iall operate
j ro re!ease, d:scharge, mod~fy ~hange or alfect the o~ig~na( liab~:~ry of the MCRiGAGOR herein, either in whole or in parL
F 10. N is speriicat~y ag~e>d that t(me is oF the rssence of this contract and shat no waiver of any obi~ga~lon hereunder or of the ob!igation se-
cured hereby shall at any time ~hereafter be hc:d to fx a waive~ oi the terms hereof or of the instrument secured herby_ .
~ 1 l. In a:id r.c~ fo the forege'ng n,onth~y paym~~ts of pr;nc paI and inrerest requ~red by ihe prom~ssory ~o~e secured hereby, mortgagor covenantx
~ and agrees to pry to m.ortgagee v~nh each mon~h:~ Na f,.~en~ an add~nonai sum est~n•ated by martgagee to tie equa~ to 1: 12 of the annua! cost of the fo!iow-
~n~:
I
i A-Ali reai prop~rr~ tax~s le~+,ed o+ assess~~c ayai•~st ihe aLove described r_al estate.
~ B Pr~n.~~ms en f~re and vfir.dzro••n ~~,sur,,, ~e as nere~n rcqu:red to be carr~~•d ~n the im;:roveme~ts s~tuate on the obove descr~oed prem~ses.
' C-P+er-~~~:ns on s~ch m.crtgi.~e gua~anty ;nsurance as mortgagee shail irem t:me to time deem fit to carry on the loan secured hereby.
! hlor!ga~en sh.~;! frcm r.me to t~~ne nciii; rnorrgegcr in •r~rit~ng of the an,o~~nt d~e and payabte hereunder and wch w~n shatl thcreupon be due and
i ;.ayable on the dve aat2 of the next :ncnth:~ payment ard each successive .T.GntFl ti~ereaft^r ur.til marigagee Shall noi;fy mor,yagor of a change in wth
a-:~ounr. $uch so:ns sha[i be apF:iieti oy mortgag-.e to:.erd the pay:r.ent oF reat preperty taxes, insvranc~ prem~~ms, a~~d mortgage guara~ty insurance
I p•emiums. ~
; _ IN \'1iTNESS 'NHFREOF, rhe sa;d MORTGAGCR has hereunto set his hard and scat the d y and year first aforesaid.
~ ~g aled and deii d in th pres nce of:
~ ~x_ _ ~
Sean
~ ness _ Jacob A. Mun ak r
; . ? ( 1 ~ C~ C{ < < _ (Seal)
' ~'itness • . • ~ ~c cs~aq
i - `J c~ueliT~e L, uri k ~~a~
i
SiATE OF ftORIOA '
COUNTY pf St . LuC 1@ ;
~ Before me personalfy apFeared Jaeob A. Munyak ~
: and
; _ Jae~ueline L.. Ml1A)/AjC his wife, to me well known and known to me to be
!he individuals described in and who executed tha foregoing instrument, snd acknowledged before me that they executed the same fw the purposes
therein expressed. And the s~~a~ Jaequeline L. Munyak
' wife of ttie sa~d Jacob A. Munyak upon a sepa.ate and pr~vate
` exam~natio~ by me take~ separate and apart from F~er said husband, acknowJpdged to and before me that she executed said instrument freely and vo~urr
!anly and w~thout any compu!s~on, consrra~nt, appreh or~of or from her said husband.
VtifTNESS my hand and offk~al seal th~s__ day of .T fl11d.r A. D. 1974
. ~-y
iIlEO Ahr c Gy"R
fY.LUCI[ •_LIUNTY Notary PubGc in and for the State of Fbrida at large
Return To: ROCZ' =•::TRAS My Commission expires:
F~rst Federal Savin s d~ loan Aswciat:on CLEF:1, rj C~~AT •
3 4C~('rf' J~ = F, _ .
of Fc.r v~,ce. lf01llRYp~~BllC. S1ATf FLORIDA tt LAR6E
] ~?iNliiJli/
For P~~•~ce. F.+or~d~ ~ L~ 3 i~ PM 1!~Yd. C0: F~iS${Gii E~~1RC~ lAry. 7. 1977
P~` ~;BAt~ 8y Acrtnce~ G:.:.Kers t~~surante C0.
, '--,r~
~ 2'73121
_ : t;,,.v r ~
This Instrument Prepared By Gazy F. E11~?ood = :
First Federal Savings 8 Loan Association ~~Oi
of Fort Pierce ~ Flot ida = ~ ~J}; L ~ ~ ~ ~ ~
• w ~ ..`v.
, w~
Checked By F~~ _ _ ~ ,r ' sb
~ ~ , ~
. i~
~
,
x 2?3 f~ALf 249
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