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
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