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HomeMy WebLinkAbout1644 3. To p'ace j~~d cont~nuo~s'~y keep on t+~r Lu~'d.:~~s now o~ her~oiter r:t~a~e on sa~d land and on aL' eq~~~.:nrnt and pe~sora~ly co.~•r~d by this mo~tg- ege, w~fh,dU prenu.,n4 1hr~eon pod in fu!I, fi~c ~niv~o•~:~ in tiia uw~t st.ualerd E~o:~cy fOrm, m a Sum a{.p~ovcd by fha MUR~'v:.GEi, and w~ndsto~m insuranct in the uaual i+~nda.d po:•cy fa~n, ~n a~~~n app~wre! b~ ihe MORIGAGEE, in such compo~~y or ca+npan,es as ~he 1:.ORIGAGEE may d~~ect; and all fna and w~ndstu~m ~nsu~ance po:~c~cs on any ol sa~d bui'd~r.gs, any interes~ therein or parl thrreof, i~ !he a99ioga~e sum atoresa~d or in excess ih<reoi, at~all COntain the uswi sta~,cio~J n~u~ry.~gae c,a~se or s~ch oshrr c!.~vse as ~he Mo~tgagee ~~ay ~equ.re, making the wss unJrr s~~d poli- c~es, each and evtry, payabie to na~d A1uRTl;AGfE as as imcr~st nwy apFxar, and rach and every suc~ poncr sholl br promptly ais gn~~d and de~~~~r~d to eny he:d by sa~d A10~fGAG~E as fw~he~ s_tw~ty to se;d n~ortgoya dcbt, anJ, not !ess than ten (10! days i~ ad.ance of the exp~~et~on of ea.h po!icy, to de- live~ to sa~d A~ORTGAGEE a renewal thereoi, ~oge~hrr with a receq~t for the prrmium of such renewal; and th<re sha(1 be no f~re or windstonn i„w~once pl~ted on any of sa~d b.,i!d~•~9s, any in!erest therem or part Mereoi, unlcss i~ the fo~m and w~th ~he loss paya6le as aforesaid; and in the event any sum of mo~ey Lrco~~~rs paysbtr unJe~ s~ch pol~cy a pol:c~es said MOkIGAGEE sfiall have the op~~on to receive .,nd apN!y the same on accouro of the i~~d~~t~d- ness seturrd hereby or to penn~t sa~d MORTGAGORS to recewe and use it o~ any pari ihr~eof Icr oii~~•~ pu.; os~s. .••~~~o~t ~3 ing any eqv.ty. Ilen w r~~ht ~ndrr or by vi~tue of this mo:'gage; and in the evem sa.d MOR~GAGOkS shall fo~ any reason faif to k~ep +he sald prem~s~•s so insu~ed, or fail to de!r:er promptly any of sa~d po~~ues of iniurance 1o ia~d MORTGAGEE, or fai! promptly fo pay f~~ly any p~en~~o~n Iherefot o~ ~n a~y respett (ail ro perform, d~scha:ye, execvtr, effect, :omplete, co:nply with and ab~de by this tovenent, w any part ha~eof, sa~d IAORTvAGEE may piate ano pay fo~ s~.,ch insur~r.ce or any part thereof w~~hout walving or affecting any opt+a~, Gen, eq~~ry, ar right unde~ o~ by vut~e of th~s hlortgage, and the f.,l a~nount uf each and e.e~y such paytn~M shall be ~mmediately d~e and payaWe and shall brar interest from the da~e thereof unril pv~d at the raie ol ~~,nc {~rr c~nrvm pc. ann~~~~ .,nd tu3_fh~•r .,~sh su:h i~~t~:csf sh.~t~ be s~~wred by the lien of this mortgage. .f. To permit, tommit w wffer no waste, i:npairment or d.tenoration of said property or any part thereof. 5. To pay all a+~d s+ngu4ar the costs, charges and e¦prnsea, includ~ng a reasonable anwney's fee and costs of abstracts of title, incurred or paid at ,.,y ti r.r by sa~d MOR1vAG:E, because or in the evrnt of ihe fa~lwe on tne par~ of the said h10RTGAGOR io duly, pro.~+p~~y and fully perform, d~scharge, . ~.cc~Te, effed, cc~np!~•re, co~nply w+th and ab.de by e_~:h and every the ztipu~ations, agree~nents, cond~t~ons, and covenants oi sa~d p~onussory note and thi3 .t:ortgage any or e~=her, and sa:d costs, <harg,;s and e~penses. each a~x! every, shall be immed~ately due and- payaL!e; whether w not there be norice da m,nd, attempt fo co:~rc~ or s~:t pend,ng; and rhe tul! amovnt of rach and e~ery such payment shall bea~ interes~ irom ~he date thereof unril paid at the ,~re o+ ~~,ne per .~•n~~m p~~ an~w:r~; a~~~ ail so~d wsfs, ihar9ea and er~u~~ses ir~curred w pa~d, together ~vnh svch interest, shalt be sewred by the i~en of thif mortgage. 6. That (a) in the event oi any breach of th~s Morrgagr or d~fauh on tM part oi the h10RTGnGOR, or ;b) in the event any oF sa:d sums of money I.ere~n rrferred ~o be not pron,pt'ry and lu:ly pa~d wirhin th:rry t30~ days next aitcr the same severatly become due and Qayable, without demand or not~ce. or (cj in the event each and every the snpu~at~o~s, agrrtments, cor.d~no~~s and covenants oi sa.d prom+ssory note and ~h~s mortgage any or e~ther are not iuty, promprty and 1~iiy per(ornkd, d~scharg~•d, execured, eitected, comNte~ed, compt~ed w~th and ab~ded Sy, then in e~ther w any such event the sa,d ag- ~regate s~m rnent~oned in sa~d p~o~nissory note thzn rerna~nmg ~npa~d, w~th inreres~ acuued, and aN monrys secured hereby, shall brcome due and pay- +o'e tocrhw~th, o~ iher~aiter, at the opt~on of so~d MORiGAGiE, as ful~y and comptrtely as if all of thr sa~d sums of money were onginally st~p~~ated +o be p.a~d on wch day, anyth~ng ~n sa:d promisso~y note or in sh~s Llortgage to the connary no~N~~hstand~r,y; and thereupon w thereafter a~ the opt.on of ;+~d A10RTGAGEE, v.~~hwt nor:ce or demand, surt at iaw or in eq~~ty, there(ore w tt~ereaiter begun, may be prosecuted as if aIl moneys secured hereby n,:d mat~rrd pror to .ts ~nit~t~t,on. _ 7. Tha~ in the event that ae the beg~nn;ng of or at a~y time pending any suit upon t?~is Mor~gage, or to foreclose it, or to reform it, or fo enforce p3yment of any c~ei~ns here~nder, said A~10RT;,AGEE shatl apply to the Cou:t ha~~~,g iu~~sd,c~~on thereof for the appo~nt~neN o~ a Rxe~ver, such Courf shail fcrchw~th appo~nt a rece~.er of sa~d mortyaged pro~rty aii and singular, incivd•ng a!I and sing~la~ ti:e income, prohts, issues and reven~es f~om whate~er scurce d_-rived. ea.h a~d every of wh:ch, it ~~ng eapress:y unders:ood, is herebp mor~gaged as if spec;(ically set forth and desctibed in tAe gra~hng and h.~bend~~n cta~~ses hereoF, end wch Receiver shall ha+e a!! the b~oad and effx:ive funcr,ons and powers in anywise entrusred by,-~ C~ou~t to a Recaiver, a~~d n:h dppointmcnt shatl b^ made by such Court as an ad~nirted eq~ity and a matte~ oS obso~ute rigM to uid MORTGAGEE, and wishoul reference to the r.~lequacy o~ inadequacy of the vaiue of the prope~ty rr.ortgog~d or to the so~.vency Or insoivency o( sa~d MORTGAGOR ot the defendants, and that such• r_~rs, profits, ir.co+ne, issues and re•renurs sha31 be appf~ad by such Recewe~ ac.ord~~:g to the lien or equity of said MORTGAGEE and.lhe practice of such Court. ' 8. To du:y, prumpt:y and fu!!y perform, d~scha~ge, execvte, effect, comp(ete, comply w~~h and abide by each and every the stipulations, agree~nents, :~ndir~ons and covenan+s ~n sa~d promissory ncte o~~d th~a mongage set forth. 9. That ;n the ev_~t the cwnrrshio oi the mortgaged pre,nises. or any part thereof, becornes vested in a person othe~ than the MORTGAGOR, the ~RTGAGEE. ~rs successors and asi~gns, may, wi!hour ~.or~ce to the ~~ORTGAOR, deal w,th such successw w successw in interest with reference to this o•tgage a~~d *ne d_•ot F.creby sc.~red in th° same r.~a~vier as wrh ti,crtgago~ K'~1}1JV1 in any way vitlating Or d~xharging the fAortgagors' liabiiity herr ;,~~~~er or upon th? dcbt nereoy seo~~ed. No sa:e Gf the Frer.~+ses hereby mortgaged and no iorbearanCe ot~ the part of Ihe lAOAiGAGEE Or iTS Svccesiors or ass~g~~s and ro extr.~s,on of the }~me for the paymcnt ot t~~e debt h~reby secured g~ven ty the MORTGAGEE or its fvccessors or ass:gns, aS~all operate ro re!eose, d~scharge, mod~fy change or afiect the orig;nal I:a~ E~ry of the Y..ORiGAGOR here+~, either in whole or i~ part. 10. It is spec~ficaViy agreed that Gme is of fhe essence of tlus comract and that no waiver of any obl~gat~on hereunder or of •the obligation se- c~red hereb~ iha~t at any time thzrrafter be h~:d ro be a wai.er of the terrr.s hereof or oi the instr~ment secured herby. 11. in add.t:c~ to th~ forege ~~7 r:on:h'y ~;aymc•ms of pr~nt p~l and inte+est requned by the prom~sscry no!e sec~red hereby, mortgagor CovenaMs d ayr:cs tu pay ro r^o•rg~g•~e v.nh ea:h ~ron:h:y ~~~t an add.~~onal sum ~~sT:~ arrd by mortgjgee to be equal to 1. 12 of the on~wal cost of the folbw- I ! E A-AU real prope!ty taxrs :ev~ed o+ ass~zs:•,d ;y~r.s: tnc ai:ore desvi~~d r;al es•are. E B-Fr. ~~ns on f~re ar:d w~ndsrorm ~nsv•a^cr as nerr~n req~~red to be car.~ed on rhe ~mprovements s~t~ate on tha above d~scribed prem~ses. 4 ~ t-Pra~n~~iT•s on wcn mocTg:;ge guaranry msura•.:e as mertyage~ shai! frc:n t.me to :~me deem fit to carry on the loan secured hereby. Mor~g;gee s~a'~ '.•cm rime to +~~~e r.cr~f; mwtg~g~r :n wrn.ng of the arrouot d~e a~d payable hereundzr and such sucn shaN thr:eupon be due and _ ,~,a'.~!e on !h•_ d~~e cie'e of !hs n_¦r n~o~rth.y pay:nent ar.d each w:cessive mo~th rhereafter ur.tii mortgagee shall notify mo~?gagor of a change in such ~ eum. Such s~~^s s~aii ~e af.pi+ed 'r~y mortg.>c~~e ror.erd tt,e pay~nent of raa~ property ta:es, insuraoce prem,ums, a:tid mo+tgage guaranty insurance ~ ~.~CmiumS- ~ 2 IN !'lIT~lE~S :YHcR~OF, :he sa~d MORiGAGOR has here~~to set h~s hand and seal the day 8nd year first aforesaid. i ~ ~ ~Signed, a~ a.~d ivered " sence of: l i ~ j ' ~t/((it.•tit-cti ~ 6 ~Lt ~seaq ~ : ~arren R. Wroble ki - ~1'1__ Y'. ~ (Seaq _ ~ / 'fiTJ4' ~ ~ ~ ''-c1- . {Seaq ~ ~it~'i'~T~Tro es u t~a~~ s r - - . ~ ~ S'AiE OF FLORIOA ~ S5. ~ ~~ur:TY OF _ St. Lucie ~ y,~ZObleski ~ Before me personaiSy appeared Wa=Y~ R' and ~ _ ~~tf1 M. Wrobleski _ h;: W;re, to me well known and kno•An to me to be "'~~=3' rh_ individua;s desc.;t;ed in and who exec~ted th~ foregoing instrument, and acknowiedged before me Ihat they eaecuted the same for tht purposes ~ r!~rein expressed. And ihe said---_---__-~ith M• Wrobleski Warzen Wzobleski u n a se arate and rvate z~ :,,fe of the sa~d P° F P~ r.j .•,am~narion by me taken separete and apart from her sa~d husband, acknowledged to and before me that ahe executed said instrutnent freely and voluo- •~r~ly and withovt any cor.,pu~sfon, constraEnt, apprehe~s;on, or fear of or from her said husband. WITNE,SS'iny hand e~A~pffic~al seal th~s_ day of ~rCh - A. D. 19 74 Y~ ' . • ~ (,1 !~C-C~ ~ Z~- Notary P~bGc in and r the State of Fiorida at large ,,,1 ~ - . _ A1y Comm~ssion expi _ ~ Return To: Firit FeQeral ;Ssvi~gs 6 loan Associat.on Na~,~, ?,~btc, Sb~• of Fb.+do a~ ta.p~ ' ` .Of ~o:t P,~Yc~: ~ •fpre h;_i,e. Fio~~.• Mr Cannws~iow E:p:r~• Oet. 30, 197i _ b~nded Lr Americon Fir~ 6 Co~ualry Co. ,;'y . . \ • ' . ~ i . ~~~r,-,.Jlltl~'~~ , This Instrument Prepared By Mlillian J. FoYbes ~:~fp • ti•-~ C~R~EO ` First Federal Sav+ngs & loan Association st.~~~`' ~-~-~~~ASIA of Fort Pierce ~ FloYida q''` ^OUgT ~~:3 V~.~~f , y~~ ~ rt' Checked ~y ~cr'~t' v"- M~ 5 8 5 s Ah 1?~ ~ ~ 2'76~392 t:;~ 2~ FALE~643 , dz - a ~ ~ _ ~ - ~ , , ~ •-c. ~ ~ -'F" , ~ ~ ~ ~ ~ .'~.a~,~- _ . - ~ _ z--..e_..~