Loading...
HomeMy WebLinkAbout1206 To p:xe and conr~nuousiy keep on ~ne bu~:dings now a hcreaitar ~~wat~ on sa~d ~~nd and on alt rquipN~ent and pc.sona:ly covr~~~d by ~?LS mw~g ~y~, rr:tA ~II premi~ma thereon pa:d m f~tl, f~re ins~~e~~ce ~n the usual srarulard po~~cy fam, in a sum a~p.o+ad b~ tht MOit~GaGFE. and w~~sto~m ~+suranc~ :n tM ~s.,ai sTarxlard pot.cy }orm, in a a~m approved by ~he MORTGAGEE. in such compsny a co~npan:es as the MG~tiGAGfE ~*+ay . dw~[c~: a~d all f~s and w.ndarorm insu~ance pol~c~rs on any of said build~~+yi. any interest fherein a parl the~eof, in the agg:e,~+re s.,T aipess~o w in eaocss thereof, shal{ conrain the usual s~andrrd margagr~ dause w evch o~her ciauss as 1he Mortgagee may rrqu~re, ma?~r~q ~he ~ess ~.+de. ud Par des, each and e~ery. p+rabie ro wd h~ORiGAGEE ss its ~n~erest may appe+r, and each and eve~y iuch po!~cY shatl tx promp~iy ass g.+ad r.~d de:~.rcd ~o ~ny trrtd by sa:d NlORiGAGEE u funhcr srcu~ity Io u~d mortgage debt, and, not leu than ten (10) days ~n adwance oi the exp~~at~on of exh po:•cy, ~o ~e- !~r w s+~d MORTGAGEE a rrnewat thereof. fogerhe~ w~th a rece~pt fo~ Ih~ prem~um of such re~+ewal; and ~here shall be no fue cr w:~~asro~m ~t.s~,~a++ce placed on any of sa;d bvild~ngs. ~ny intc~est ther~~n d part thereof, unleu in the fwm •nd wiih tlv ios~ pay~bte as aforesa~d: ard in tl+e e.c~+t a~r swe ef r+wnay becomes payab~e u.~der such poticy a polaies sa~d MORiGAGEE ihall have ~M opt~on w rece~ve and appty fhe su~+e on ~cca.~+ of ~he ~~+o~cfed r r~eu secwed h~reoy a a pe~m+t sa~d MORTGAGORS to recnrve and us~ i~ a any par~ thereof fa osnc~ FurHOSes, v.:~+~o.:t +h-~~ oi irg ar~ eq.,;r~, ;~en p ngh~ under or by vi~tue of th;s mor:gage; and in ~he evem sa~d MORTGAGORS sl+all fa any rcason fail to kcep ehe s+:d pre++~:srs so insured, w f~il q delivd promptly any of said po':cies of insutante to u~d MORTGAGEE, o~ fail p:omptly to pq f~~iy iny premwm thtre±or w:~ +^ti .es~ccf iail q pe.fwrn, d~uh+.ge, e:ec~te, effed, comp~ete, comply wi~h and ab~de by th~s cove~+ant, a anY par~ hr~eot, sa~d Mvitj~NGfE may p~~tt •~a pay for wd~ irou.+nce w any parf rher~of w~thout waiving a affectiny ~ny option. lien, eqv+ty. d rigM under a by virtue of th:s ~utg~ge, a~d t!+e Fult arriou~~ of each and every such paymer+t shall be immedistely dus and paysble and shall beu intc~est irom the date thereoi un~d pad a~ tl~e ra~e o1 n~ne per cenrum per annum and togerher witF+ such interest shaii be secured by the lien of th~f mo~tgage. 4. To permit, cammit or wf(er no wastt, in+paument w deter~oration of said property or any parl thcreof. S- To pay afl and tingutar ths costs, charges and expenses, including a reaw~wble attorney i fee and costs oi abs~racn of titie, "v+c~rred w pa~d ai a+h t'vr.e br sa~d /NORTGAG'_E, because or ir? ~he event of ~he iailure on the part of ~he said MORTGAGOR ro d.,1y, promptly ~r+d fu:7y pe+form, d.sc~+s~ge eaeorte, elfett. comp:ere. comply w~th and ab:de by each and every tF~e stipv~at~ons. agreement:. tond'etiau. +nd covenann oi sa~d p~a*~~ssuY ~we +++d ~~S ~wrtgage arhr or e;~he~. ~nd sa.d cosn, char~es and expensea. each ar+d evcry, shall be immedia~ely due and psyable: wF+e+her o~ not there be ~+o*~ce d~ :e+and attempr to co:IM a s~cit pendin9;-~d the futl artwunt of each end every such payrteeN shall bear interesf from the d+~e thereof u~rii pa~d at M+e .ate oF n;rx per ceni.,m prr a.ut~:n; and atiiEaid costs, charges and eapenses incurred w paid, together wah such inurest, shai! ba secured by ~he t.en of tA,s ^wn9+4e- . 6_ Tha~ in the evem of any breach of this 1Nortgage a default on the part of the JNORTGAGOR, a;b) in tfie event ~ny of sa~d suns of money here:n refe+red to be not p~unptfy ~nd fuHy paid wifhin thirty (30) days neat sfte~ the sarrx severatly becane due ar+d payabk. w:thout demand o+ n~:.te. x(~ in rhe etie+~t each ar+d evcry ~he uiputatwns, agreemen~:, coRd~rions and covenan~s of sa.d promiuorY note and th;s mwtgage sny a e+~?+e+ ~.e na i~;y, porq~tiy and futly performed, d~scharged, execWed, effected, compieted, campl~ed with and abided Sy, then :n erther w a~y sucfi eva+t the sa~d aQ ~regate wm mentio~ed in said ptomissory nate then remain;ng unpaid. with imeresl acuued, a~d a!1 moaeys secured hereby, shatl becorr~e d..e ud p+y- ab:e fathw:rt~ or tlxreaficr, at the opt~on of said MORTGAGEE, as fully and compkrety as if afl of the sa~d s~ms of mone~ were org~na~?p st•a~:ated ro be p+:d on wch day. arsything in sa.d p:om~uory note w in this Mortgage ro the contrary notw~~hsta:+d~ng; and thereupon a thaeefir s~ che op~~on of sa:d ARORTGAGEE, w+rhaut nor,ce w dcmand, avit at law or in equ+~y, therefore or thereaiter begun, m+y be proxcuted u if all Rwneys sewred he*cby tf~ et~ifuft~ pt:Ot !O in itrisitutqfL 7_ T?,ir in the event that at tF+e begin~~ng of w at any time pe~ding any su~t upon this Mo*tgage, d t0 fO~K{OSQ 11. a to rcform it, or to eniorce payrne~,t of aehr cia~.+s herevnder, sa~d MORTGAGEE :hall apply to the Cou?t hav~ng jur~sdK~~o~ ~hereof tor tF~e appo~ntment of ~ Rece~ver, s„ch Cow~ sn.;l fcrrhw~th appo~nt a r~;ce~~.er oF said mort9aged property aU and singvlar, includ,ng aU and singular the incort+e, p~o1m, iuues and reve~+xs from a?w:em saurce der~red. each and evcry of wfiKh, ir being expressty unders~ood, i~ hereby mor?gaged as if spec~ficatty set iorth a~d desc~~bed in +hr g~a+~ruy u.d habendum ciavses hereof. u+d such Receiver shall have alt the broad and effective funct:ons a~d power? in anyw+se er~trvsted by a Cou~f to s Rete~,e~, a~d s_ch sFpo:ntmenr sAall be made by such Court as an admitted equity and a matter of absolu~e rght to said I~hORTGAGEE, and w+rnwt refererce to ti.e adeq~;cy p~nadeq~acy of the wtue ot the property mortgaged or to the w:vency or ~nso~vency of said N~ORiGAGOR a the deie-xian~s, a-x1 *hat sti.cfi rr,n, protits, incon+e, issues and revenues shait be applied by such Rcceiver accord~ng to the ticn or equ~ty of sa~d MORTGAGEE and the pratt.:s of s:,ch Gourt_ . 8_ To dutyl, p~oR+p?hr ar+d fully pe+form, d~scharge, ezecu~e, effed, compkte, comply w~th and abide by eacfi and every the st~pu:at~ons, agroe.~rents. condit:ons and cwrn+nrs in sad promissay nore and this mo~tgage set fwth_ . 9_ That in rhe event rhe ownenh~p of the mortgaged prem~ses. w any pa~t thereof, become~ vested in s person other th~n the MOQFGAC~A. ~+e ?+~.^RTGAGEf, its wcceuo?s and ass+gra, may, «~thout nor;ce to the MORTGAOR, deal w~th such successor or wcccssw in imerrs~ w~sh referer~ce ~o tfi+s ro•tgage and the debt ht~eby secured in the same ma~ner as w~fh Mortgagor wlthout in any way vit:ating w d~scfiarg~rg rhe Mongagori 7++b~++*y 1~.~ u~+der p upon the debr ficreby secwed.- No saie of the p~e~~~xs hereby mo~tgaged and no forbearance on the parf of the M02TGAGEf ar in s..ccessa*s• or assigns and no eate~+s~ors of the t+me for the payment oi the drbf hereby secured given by the MORiGAGfE or its svccessors a au.gns, s+`+i~ opera~e ro recease, dxharyr, mod7fy cf+ange a aftect tF+e orig~~a~ liab~l~iy of the Nt~RiGAGOR herein, eithe~ in whole w in pa.t. 1Q It 7s spec~ficaliy agreed .that time q of the cssence of this contratt and that no wsiver of any ob~~gat~on hereunde~ w of the obiigation sr cured hereby shal~ a~ any tirn~ +hereaher be held to be s waiver of the urms hereof or of the instrumem secwed herby. i i_ {n ad~d.r~ to the forrgo »g monthty payments of princ paf and inferest reqvired by fhe prom:sscry no'e secured hereb f, ma-+ga3ar corersants ~ nrd ag~ees w pay ro m.o:rga~ee v~~th each monrh!y payr,:ent an add~Tional sum es~~mared by mortgagee to be equal to 1;' 12 of the an~ual cost of the faior- :ng: ~ A-A~i .eai ~roperry ra:r~ lev~ed or assessed aga~~s~ thc above desuibed real esrare. 4 6-Frerr.:u-r,s on fne and windsto~m insurarce as nere,n requ:red to be ca+ried on the improve:ne~h s~tuate on the at~oYe desa~bed p~em~sei ~ C-Premwr+s a~ such rratg;ge guaranty inwra~:ce as mongagee shatl from f:me to ti~ne deem fit to carry on the loan secured he~eby. ~ j Mwsgagce sl~arl fro~n time to time nor~fy mo.tgagor in wrrt~ng of the amount d~e an~ payable hereunder and such wrn shail therevpon be ~+e ( :~vab!e o~+ the d~x aat~ af rhe rt~xt mcnth:y payTent and each successive month thereaffor ur.til mortgagee shatl not+fy mor'ga~or o? a cfwrge in s~r~ ~ ~-~,r~t_ Such a.:ms s~a:f Fx app'~ie~1 br mortgagee toward the payment of reai property taxes, insuraxe prem.u+ns, a:~d rr.ortgage g.,ara~ty inwrance ; t~tm.u~r,i ~ l. ~YITri "'4~REOf, t ~d TGAGOR has hereunto set his hand and seai the day and year fint a'oresaid. {ed ivered the esence ofc a _ ' ~ n ~ ~ Robert Kryak q . ~ . _ ~ atz ce L. K~cyak ~ ~ S?ATE OF FIORIDA , ~ ~ St . Lucie ; u- ~ Robert T. Kryak ~ Befort me perswtia;ly appeared ~ ~ y his wift, to me well known and kr+owm b e+e so be ~ Beatrice L. Kr ak ~ rhe ino;v~dua's dexrihed in and who executed the fwegoiny instrument, and acknowtedged before ~e that they executed the san+e tw t~+e purposes ~ Beatr ice L. Kr ak ~._Ye:+ e,cpressea. Ana the sa ~ obert . y - .r:fe of the said vpon a separste ud pr'roa~t e,arr.;r.at;on by me taie.~ xparate and apart from her said husba~d, acknowledged to and befwe me that she eaecuted sa~d ir»trument iree:y ar+d vo:un- +ar:ty and w;thout any com,~u:aion, constraint, apprehens:on, o~ fear of or from her said husband_ ~ WIT[`(ESS my harw+ and offK;al ~i rt~• 16th day of ApYil ~ p_ ~q 74 - - l i • ~ ~ Notary Public in snd fw t tate of F~orid~ at L~r9e - My Comm~uion expires: ( 0.'s p.-~ ` - Retum To: Firs! Federal Savings 3 loan Ass.xiat:on ' Of F~rt P.>rc!. ,`~~,f;•~t~~~.~~~i Fort P[=rce, ficr~da ~ ~~ii RECOi~DEO - fILEO AND ~ . ' -3~6~'. . ~ _ ~T.lUC14 GOUjAA uR ( _ _ • aocE~ Pa ; ; ~ i 2~~; C~Ea6 C~~CU~t Co _ = y ~ This tnstrument Prepared ByJ. H. RobeYts .JY . RF.C~~4y~~`~frt0 ~ : First Federal Savin gs 8 Loan Association ~ 2` • a~+'za ~ ~ of Fort Pierce~ Rlorida ~ ; . ~ ~ ~ - ~,p ~ 'y~,c~ s=. CF?ecked By , ~,~~,b~` j ^ ? ''fSlri~~u~~~~~' , - ~ a , 2'799s'7 ~K~?6 ~E12~5 - - ~4 ~ - ~ ~ : ~ _ ~ : - = ~ ~ _ - _ _ . -