HomeMy WebLinkAbout1030 3. To ptace and con~~n~o~vy k~ap on ihe b~,~'d,~.~~ now or hrrzafier a~run~e on s~~d land and on al; ~•q,~F•~nrm a~,d parscna~ly cc.~+•_d by ~~~s morig-
sge, wuh all pren~~~~~~s ~hr~eon pa d~n f~'1, !~rr ~ns ~~.,~:cc m i1~e us~al srand~rd po:~c/ lorm, in a sum a~.Hro~cd by the MvR~i~%~vEE, ~•.J v~~~}ds~o~~n
~nsurance i~ the uwai ~rin~Ya~d po~:cy form, i~ a su~n ,,~p~u.rJ b,r ~ha h1ORTGAGEE, in su<h canpa~~y or co:npan:ei as the A10kIGAGEE may
duect; and all iiro and w:ndn~orm ins~~ance po;~c~rs on eny of sa~J b.ind,ngs, any interr~~ therei~ or part ihrr~of, in the agg~rg~ie s..~+~ ato~es~~d or
in exces~ thereof, ahall ;ont„m ~he vsu31 sra~:d~rd rnof~g.+gre ctause or such o~her cieuse as I~e A~oifyagee may reyu~re, rt~al~ng tiiE ioss u~~Ja~ s.,~J po~i-
c~es, each anJ ever~, payab~e to sa~d h~ORiGAGfE as ~~s mr~r~s~ mry appaar, and each and e.e~y such µ~~~c~ stw~l be p~un.Ntty assg*.ed a~.d dr:~.~nd io
any held by sa~d 1dORfGRGEE as fu~~hr~ srcu~~!y ro s~:d ~n~rtyage d~•b~, ar~d, no+ ~esa tl~an ten (1~) days in ~d:ance of the eaplrat~on of ca:h pol~cy, K+ de-
liver to sa~d 1AORiGAGEE a re~~ewal thrreof, toye~her w~th a rzce~pt for the p~rm~um o( such rrnewal; and there s~~a!I ba iw f~re cr v~~~d,to~m hu~rance
placed on any of sa~d bui!d.~~gs, any ineerest therein or {»rr tl.creof, unlru in ihe (onn and wrth the ~ois payab,e as aioresa~d; and in the evenf ~ny Sum
of money becomes payab~e unJr~ such poGcy w pol~uas s~~d MORTGAGFE s?„II have rh~ op~~on to recewe a~~d apN!y the sa~~~e on accuunt of ~he :~~de.,md~
ness sec~red he~rby or ro prrm~t sa~d MORiGAGORS tt~ recei~e and use it or any par~ ~he:rof for o;~~~ ~ {:UlS JSCS. ~V~~i'~GCt in:~. ~~~,u•+~~•
~ng any eqwty, I en or ngh~ under or by vir~ua of ~his mor'yjge; and in thr e~ent said MO~TGAGQRS shall Eo+ any reason fail to krep ihe ~a~d premis:s so
~nsured, w fail to de~~ver pranp~ty a~y of said po~~cizs oi insu~ance ro sa:d MORTGAGiE, or fa;t promNNy to pay fu.iy any prr~r.w~n th~•rrfor or ~r. a•~y
respect fail to perform, d:scharge, execvre, e(fect, con~p~rtr, canply with and ab~de by this cove~~3nt, or any parf h~reof, sa~d MORIG=.G`_E may p~ac-~ a:~d
pay (or such insurance or any pa~t therrof wnho~t waivin~ or affec~ing any optioo, lien, equ~ty, or ngh~ u~~de. or b~ v~r~ue'of ihis Morfgaye, and tht
lull amount of each and e.e.Y such payn;ent shall 6e ~mm.dierrly due and payable and shall 6~ar ~n~erest from the dare thereoi u~~fil paid at thr rare ol
•~~~~e per cenw~n pe~ annu~~~ ond io~r~h~•! N~ih such i~~~•_:cst sh~~~ 1~e sccured by the lien o( this mortgage.
io permit, commit or suf(er no waste, imp3irr.~ent O~ dcter~o~ation of sa~d p~operty o~ any parl ihrreof.
5. To pay ail ar~d s~ng~lar the costs, charges and ex~•rnses. ~ncludmg a reasonab!e anome•~'s fee and costs of abstrads oi tide, incwred or pa d at
any ti,r,e Dy sa~d MOR(vAGEE, bc:avse or in thP even} oi the falture on the part of the s~id MORTGAGOR to duiy, pro•~~pt~y and fu~iy perlorm, d~scharge.
~,~wte, efiect, canpte~e, co~nply w~th and ab.de by ea.h and every the stip~lahons,-agree:nents, condi!ions, and cevenants cf said p~on~~,sory note and fhis
~~orrgage any or e~~her, and sa,d costs, charges and exoenses, each and every, sheti be immrd~ately due and payeb!e; whrfher or nor tha~e be nonce da
mand, attempt to collect or suit pe~~d~ng; a~d the full arnoun~ of each and every such pa~mem shall bear inrerest from the date the.eot unril paid at the
r.te of n~ne per centum per an~w:u; a,~d a~~ sa~d cos~s, ch~a-ges and ex~>rnses incvrred or poid, togrther ~v~th wch interest, shall be secured by the I~en of th~s
mortgage. -
6. That (a) in the evenf of any breach oF thia Mo:tgage ar de~a~l~ on th~ part of the h10RTGAGOR, ot (b) in ihe event any of sa:d sums of money
herein referred to be not pro~npTly and fully pa;d w~th6i th;rty 130r days n~~xt airer fhe same se~era'ty become due and payab!e, wiihou~ demand or no~~ce,
o~ (c) in tha event each ar.d every ihe stipulat~ons, agree~nenis, cond~:~o~~s a~d covenanrs of sa.d prom~sso~y note and th:s mortgage any or e~ther are not
iuly, promptly and fully periorrred, d.scnarged, exrwtad, eifected, canpteted, comp~:ed w~~k and ab~drd 5y, then in e~ther or any wch event ~he said ag-
~r~gate sum menho~ied in sjid promissory nute then rcn~aining vnpaid, with ~nterest actrued, and a:i moneys setured hereby, shall betomr due and pay
ab,e fotthwith, or therea.'ter, at the op`~on of sa:d MORTGAGEE, as fully and completely as ii alf of tne said s~ms of money were or~ginatly st;pu,ated
to be pa d on such dcy, anything in sa d prom~ssory note or in this ldortgage to tha contrary nohvitns~und~ng; and thereupon or thereafter at the opt:on of
s~;d MORTGAGEE, w~fhout noY~e or demand, s~~;t af law w in equity, thereiore w therrafier begun, may be prosecuted as if all ma~e~s secured hereby
n.:d matured pr~or to its ~nst~tution.
7. That in the event that at the beyinn:ng of or at any t~me pend~ng any su~t upon this Mo~t9age, or to foreclose it, or to reform it, or to enforce
paymen! of any ce~-ns hereunder. said MOR(Gi+GeE shatl app!y to the Co~n havir.g ~~r~s~:ct~on thereof lor the appo~roment of a Recei~er, wch Court shail
Fcrthw~th app~int a rece+ver of z.-id :r.ortgag~-d prcExrty al! ana sing~!ar, inc;ud~ng a~~ and s~ngObt tF»-irKOme, profin, issues ar.d reve~~es from whatever
scurce denved. each and every af .vh,ch, N Ge:ng express!y undersr-vod, is Fere6y mortgagcd as if~pttA~cally set forth a~d describrd in the g~anring and
i~ebendum c~auses hereof, and svch Rece~ver sha~t have a~i rhe broad and effective funSt~{~; a~d. pt~Mrtts in anyyv~se em~ysred by a Court ro e Reteiver, ar.d
s, ch appomtmr~it shail be n:ade by s~ch Co,.rr as an ad •irtt~d equrty and a~ra~ter _of ~)solutZ, r~h tq4 sa~ 610RTGAG~E, and wrthcui reference to the
adequacy or inadrq~acy of the va:~e of the property ~nortgoged cr !o the so:ven~y or' inzoi've~cy ~ sa~d ~Oi~OAriO~R 6? ?he defe„dant3, and that s~ch
r~•~rs, profits, ir.come, iss~es and rever.;,es sha~{ be ap~.I~ed by such Recc~.e. accordi~~g 7o the lien or equ+ty e? aaid YiAORTGAGEE a^d rne pracnce of such
Court.
8. To dvly, prompt?y and f~l~y perform, d~scharge, execure, ei;ect, complete. comply w~th and abide by each and every the sfipulations, agreements,
conditiona and covenants in s~~d prom:ssory note and ~h~a mortgage set forth.
9. That in the eveM tfie ownershio ot the mortgaged prem~ses, or an~ part tiecreof, ~ecomes vested in a person other ihan the MORTGAGOR, the
Y'~RTGAGEc, i~s successors ar,~ asrgns, ~nay, wnho~t rc~ice to ~he .V,~RTGAOR. deal wnh such successor or s~ccessor i~ interest with reference to this
e•igage and the d•:ot hareby secured in the sam? ma~r.er as w~th 1.'.o~t~ago~ v.~thout in ar,y way vihating or d~scha~ging the Morfyagors' liabil[ty here-
,~~der or upon the dror herrtry sec~red. No sa!e of the H:e~~~se: hcreby murtgaged ard no Forbearance on the pan of the 1J10RTGF.GEE or its svccessors
or a:s~gnz and no exfersEo~ of rhe r~me for fhe paym,em of rhe drbr he~eb~~ sec~red g~ven by the ldORTGAGEE or iu successors or ass:gns, aha!! operate
ro re~ease, d~scharge, mcd~fy changr or atfect tne or~g~nal fiao;i~ry of fhe MORTGAGOR herein, ei~her in whole or in part_
10. It is spec~Fic~ti~ agreed that t~me is of the esser.ce of this contrac! and that no waiver of any obGgat~on hereunder or o~ the ob!igation s~
c~~ed hereby sha;~ ai an~ tir.,e thrrrafter te F.cid to be a ~vd~ver of the tern,s hereoi or of the instrument sec~red herby.
1L In add~:o-i ~o tttc' fCri.qcn7 ~-.nth'y parR~cnis of pri~'.cpa~ and ~n+.•~es~ reav[:ed by fhe prom:sscry nc~e se•w~rd hereb~, mcrrg3gor eovenants
3 ag•ecs to ray tc nwrrgagee v.~th eact, ;n~F~ y p3y•. ent an ad:i:r~onak svm ~s~~•nared br mortgagee to be eyva~ to 1 12 0# tf:r onnua! cost of the fo'tlow-
A-A!i rea~ :r.oper.f taxas Icv~~~ o~ ]55-'S'._`~l ~g~i•~st !6•_ ai:ove desc•~b_d real cstate.
i B- F:.~^.:: ~ s on firr ar•d r:.:+dsru•~r ~r.s;•a: ce as n_;e~n r,c;~;r_d to 6= ca~r~• d en iha mi,roverneits s~tvate on tna above d:suit;ed premises_
~ C-Pre~n~wn o~ wch mort~;ge g~aranty irsura~.ce as mort3acee sha~i froT :^e to ti~ne d~em fit to carry cn the loan secwed hereoy.
E t~!ort3agee s~olt •`rc~~ r~.ne to r~:*,e ~~ct:~y mc•tysge+ ~n Nr~t;ng of the a~:-o_~~t due and payable hereundzr and s~ch sw: shail ther~upon be due and
,•r=ble on the due aa~n of rhe nert :no~+t!,;y pay•^~nt and erth success~ve n~o~~rh thereatrcr uc!i1 mcrtqagee shall not~fy mortgagor of a change in such
~unr. Such sums s~ a.i 3e ar.E::;cJ by mo*rya_-.~ taward :l~e ~:ayn,ent of real propertr taxes, insurance prem.~ms, and martgage guaranTy inwrance
f ,~'em~um5.
~ IN 1'lITNESS Y:HER~OF, tne sa~d .45GRTGAGOR has hereu~~to set his h~r,d and sea! the day and year first aioresaid.
; Signed, 5ealed and de;ivered in the p:esence of: ~
' ~ ifLE•: t'. ~Ef~ A CS ~.µ-v^'`t ~ (Seaq
~ -.----~C C ~ L~~`~ T t'iL' `..:y_r i f U• )
~ ~-~~-'Ci~ S~~~,: 'QRS ~cob A. Mun ak ai
S L~ ~`!y~ 1' ~ t. . i.0iJR1 ..~'CJ ~.tt. rs~b, .C ~ 1 C Cr~ ~fs,. a q
~ - __L~ Fi'' " r'
~ ~ Jac~ e 1 i ne 1.. Muny k T ts~a!~
~ ~ ~FEB Z~ ~ 14 ~'1~
SiATE Of FLORIDA
~ ~JUNTY OF SL . _LUC1C _ ~ /~/~SV~~
~ eefore me personal{y appeared Jaeob A. Nunyak and
~ acc~ueline '~tunyak _ h,s wife, to me well known and known to me to be
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r~.r individuais descr~bed in and who executed the iorego~ng instrument, and acknow;edged before me that fhey eaecuted the same for the purposes
~ r`erein expressed. And the sa:d_._.Ja~queline I., MUIIyO~C _ ~
s r.:fe of the safd Jaeob A MtlRyak _ , upon a separate and private
~,am~nanon by me takzn separate ar.d apart from her sa:d husband, acknowledged to and before me that she executed said instrument freely and volun-
' !~r~;y and v+:thovt ary cor.:p~ls~on, constraint, apprehens.on ot fear of or fiom her said husband.
~ 7 ~ Februar 74
WITNESS my hand and offic~al seal tnis_ s~_____-_ day o . A. D_ 19
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~ .a / t ~ _ • ~ l ~!t
' Notary Pubilc in and for tbe ~ ate of Flor' a at Large
My Comm~ssion eapires: ~ Y - ?.j-~/~
~ Retvrn To: .
First Federal Sav:ngs 3 Loan Assoc~ar,on
- O; ~.~•t ?._rc:..
_ Fort ?.c~r:c. F;;;r~-Jj
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_ ;;~-~4,',' ~/,~J.
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~.4 This Instrument Prepared ByRobez t A. Swi sher , Jr , ` ~ i,~ v,"
- First Federal Savings 8 Loan Association _ ~ _ • ~ -
of Fort Pierce F lor i da . : . ~ r- =
: ' _ . : ?4 f~~cE1029 ; : .~U~,L, c:;;:,~~4~ -
_ Checked By ; " ~ ~ • ;
t:, • .
Y~ ; r i S. : ~
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