HomeMy WebLinkAbout1780 To plan and con~inuousiy keep a+ the bu~!d~ng~ ~cw a hereaite~ situata w+ iaid land and on all equiprt~snt and pKfa+alty covtred by thii mort~
•gs, with ~11 pr~miurry ~hereon p~~d in full, fire insutanct m iM usual standerd pnircy lorm. in ~ tum approvsd by ;n
yN10R1 ~G µORTGAGEE t,m y
inwru?c~ ie th~ uswl uand~rd poGq (wm, in • sum app.or~d by ~M N10RiGAGEE. such, ca*+pany w co~np
d~rectj and all fi~~ +nd winda~o~m insu~anc~ polK~ei a+ any of aad build~~s. ~ny interest ?he~ti~ w put the~eof, in 1M ag~~cqN~ sum a(or~said w
In excef~ thereof, sM11 coro~in tht u~wi s»ndard mor~9s9et claus~ w suth other claus~ +s tM MortpagN may r~quu~, makir?p Ihe loss unda a~d poli-
c+es, each ~nd evtry, payable to ia~d MORTGAGEE af :ts i~te~est may appea~, and each and eve~y tucA po~~cY sh+~~ be prompsly ass.flncd and delivercd ~o -i~
eny hetd by said MORIGAGEE as fur~her seturit~ to said mwtyage debt, a~d, oot less tMn t~n (10) days in adva~ct of ~M sxpi~~tion ol c+ch policy, to dr ;
I~ver to faid MORTGAGEE a renewal ~he?eot. ~o9e~her wi~h a receipt tw the prlmium ot svch renewal; ~nd ~hen ?hall b~ no f'ue or winds~orm in~vranc~ , ,
pl~ced on ~~y of said build~npe, +~y ~~teres~ Ihaein w p+rt Ihe~eof, vnless in ~he form a~d w:~h tM lo~s paY+bte u afaes+~d; +~d in the eva~~ sny ium
of mon+y becomes p+Wble urxle~ such policy a polKies u~d MORiGAGEE shall Mva the optan to retalvs and ~pply ths iame a+ +aount of the indebted- ~
neas secured FKreby a ro permit sa~d MORTGAGORS to ~eteive and u~e it or •ny p.~rt tl~ereof to~ other p~~PQSef, w~~~o~t ths.cb~ wdiv~n3 0~ unpak- ~
in~ any lqV~ty. ~ie+~ or r'eghf under or by virtw oi this mo:t9+ge; ~nd in Ihe svent uid MORTGAGORS shall (o~ any reason fai) lo keep the said p~emius to ~
ini~~ed, w fail ro dei~re~ p~a*~pt~Y +^Y af i+id Po~~Nes of in~ura~ce to said MORTGAGfE, or fail p~omptly to pay tutly any premium theralw a i~ a~y ;
reepect (ait to perfo~m, discharge, execute, eflect, canp~ete, cwnply wi~h and abide by thls covenant, a any pa~t hareof, said MOR(GAGEE may p~ace and ?
pay fa such inau~s~ce o~ a~y part tRerrof without waivinp a aftectiny any optio~, lien, equity, or ?ight u~+de~ o~ by vi~tue of this Matgage, and the
f,l~ amount of each and every such paymem shs~~ bs ~mmediatety due and psyable •nd shalt bear interest i~em tFa dats thereof u~~i! paid at the rale of ,
n~ne per centum per a~num snd toge~her wi~h such interest sha~l be secured br the lien oi this matgsge.
4. To pe~ml~, commlt or suffer no waite, inspai~mtnt or dNeriorat~on of said p~operty p any psrt thereof.
5. To pey +~I and singulsr tha costs, chsrges and eYpenses, ~~cluding a rea~onable a~rwney's fea ~nd tosts of abslracts of titl~, intwred or paid at
nny time by sa~d MORIGAGFE, because or in the event of the ia~iure on ~he pa~i oF ~he said MORTGAGOR to dufy, piomptly +nd fully periwm, d~uh+rgs,
rxecute, effect, complete, camply w~th and ab;de by cach end every the itipulat
ons, egreements, condi~iwu, and covenants of u~d p~an~uo~Y no~e +^d th~s
r+,orfgage any or either, and said cosrs. cMrpes ~nd expenses. each and every, shall br immediately due and paYablr, whether a r+ot d?ere be notice de
mand. attempt to colk~d or wit Re~d~ng; a~td tha full amovro of each a~d every such paymeol ahall bear i~terest from ths data thereof until p~id +1 fhe
~t n;ne per ce~tum p.:r :nnurtr, and al1 said costs, charp~s and expeoses inc~~red w pa1d, together w~th auth imereat, fhall be secu~ed by the lien of this
mo:t9~9e• ~ -
6. That (a) in ~he eve~t of any breach of this Mw~gage or defai~~t on the pen of the MORTGAGOR, or tbI in the e~e~t any of sa;d sums of mo~ey
i,erein referred to be not promptly and fully paid within tfiirty {30) days ne,ct after the same severally beco~ne due and pay~ble, wi~houi demsnd w no~~te.
or !c) in the event each and every the s~ipuiations, sgreements. cond~t~ons and covcnants of sa;d promiuory nore and th~s mortga9e ~++y w eithe~ are not
iu;y, prompdy and (u11y perio~med, d~scharg>d, executed, effecied. ca~+p~eted, compGed v,ith and ab~ded Sy, then in e~ther or any suth aveM 1M said aQ
gregate sum menrioned in said promisso~y rwte the~ rcmain~ng unpaid, with infr~e:t accr~ed, and all moneys setured hereby, shall betorne dw and pay-
ao',e forthwith, w thereafter, at the option o+ said A10RTGAGEE, as fv~~V a~d completely as it alt of the said wms o) money we~e w~g~~ally ilipulated
ro ne p+~~d on such day, anything in sa:d prom~sswy r.ote or in this Mortgage to the comrary notwithsranding; and thereupon o~ lhereafter ~f the option of
s+;d /hORiGAGEE, w~thout nofice or demartd, sult at iaw a in equlty, there(ore or thereaiter begun, may be proseoiud as if sll moneys setured hertby
n_d matu~ed pnor to 1ts institution.
7. That in the event that at ~he beginn;ng of or at any ri~ne pending any au~t upon this Mo.~gage, or to foreclose it, w to refwm it, or to enface
r.,:~nent of any clo~ms hereunde~, said MORTGAGE[ :hatl apply to the Court haY~ng ~ur~sd~ction thereot fw the appo~ntment of ~ Reteiver, such Cwr1 shall
i:rth.tilrh appoint a ~ete~y'e? of said mortgayed p~opcrty al3 and singular, inci~d:~~g aIl and sin~ular the intome, p~ofits, iswes uTd tevenues frpm whateve~
s; urce derived, each and erery of wh~ch, ~t be~ng axpreisly unde.stood. is hercb~ mongaged as i/ ipec~ficaily xt forth aod dew~bed in the yronting a~+d
I~~bendum dauses hereof, e~d s~ch Receiver shalt have all the txoad and effect~ve funct~oni a~d powen in anywise entrusted by a Court to a Receiver, and
s_:h appointment shall be made by such Court as an admittrd equ~ty and a marter of a5solute right to s~id MORiGAGEE, snd without reference to the
adrquacy or inadrquacy of the value of the property matgaged or to the so.vency o+ ~nsotvency of said MORiGAGOR p the defeodants, and that such
a~~+s, profits, iixwne, issues and revenues shafl be applied by such Receiver accord~ng to the lien or equity ot said MORTGAGEE ~nd the practice of such
I.CVfI.
8_ To duty, promptty and fully perform, dischafge, execute, eFfect, corr,alete, cemp~y with and ab~de by each and every 1he stipulations, agreemenfs,
canditions and cwenants in sa~d prwnissory rwte and fhis mortgage set fath.
4. That in the event the ownenhip of the mortgaged premiscs, w any part thereof, becomes vested in e person other than the MflRTGAGOR, the
:'~~R?GAGEE. +ts successors and ass~gns, may, without no~ice to the +Y.OR7GAOR, deal w~th such successo~ or successor in intaest w~th refert~ce to this
• o-lgage and the deb~ hereby secu~ed in the same manncr as w~th Mortgagor without in any way vitisting p discharging the Mortgagori liabitity hera
.-,der or upon the debt hereby sec~rcd. No sale of the premises hrreby mortgaged and no ~orheatance on the pa~1 of the MORTGAGfE or iis suttessws
e~ assigns and no exten.ion of the time for rhe payment of the de6t here~y secured given by the ~~10RTGAGEE o? its sucteuon or assgnf, s.`HII operate
ro re~eaae, d~scharge, modify change or affect the origmal liab:~~ty of the MORTGAGOR herein, either in whok w in part.
10. It is spec~fically agreed that t~me is of the essence of ~his contract and that no waiver of any ob~~gation herev~de~ w of the obligation sr
;ured Fw:reby sha!i at any time thereafter be he:d to be a waiver of the te~ms hereol or o1 the i~strument secured herby.
11. In aod~tio~ io the lwego'ng neoneh!y paym~nts of princ ~•aI and in~erest requ~red by tfie prom~ssory note secured hereby, mortgagor eovenanfs
~rd agrees to pay to mo:tgagae +n~th each monrh!y Nay~ :ent an add~~io~al sum ast~mated 6y mxtgagee to be equal to 1 j 12 of the aonual cost of the follow- ~
1
.
A-All real property taxes iev~zd or assessed agai~st th!~ above descri5ed +;al estate_ ~
;
B-Prem~ums on fi~e and w~r.dsto•m insura~.ce as nere~n rcq~~red to be carried cn tF.e improvtments s~tuate on the sbove d~stribed premises_ {
i C-Premiums on such mortgage guaranty ir.w~ar,~e as mo~tgagee shall from time to t:me deem fit to carry on the loan secured hereby. f
~ Mortgagee stiai! from time to ti^~e nerify mortgagor in writing of ths amounl d~e and payable hereunder and suth sum shall the:eupon be due and !
i , able on the d~e date of ~ne next rr:onth!y payment and exh svccessive mor~th shereafrer urtil mortgagee shall notify mortgagor of a change in s~rch
e ~~unr. Such sums shall be applied by morsgagee toward the payment of real property taaes, insurance pfem:ums, and mortgage guaraMy insurance ~
~ ~ms. '
_ IN WITNESS YJHEREOf, the said MORTGAGCR has hereunto set his ha~d ar.d seal the day and yeu fit ~{oresaid. ~
, Seale~and d ivered in the p+esence of: ~
/ ~~~~a~
1 t' ~
~ _ Thomas J. anek rs.,q
_ ~c~ti(~,ec. ~t~ ~ L1 h'~i-i~1 (~.al)
Grace A. Beranek rs.,q
S;:.TE OF ilORIOA ' .
u.
St. Lucie i
_ ,:itiTY OF
Before me personal{y appeared Thomas J. Beranek ~nd j~
Grace A. B ranek h~~ wife, ro me wdl known and known to me to be ;
t- c individuats described in and who e:ec~ted the fwegang instrument, end acknovrtedged before me lhat they executed the same fw the purposes
Grace A. Bezanek `
hc-feFn expressed. And the uid :
,~::.'e of the sai~ Thomas J. ~YdA@~C upon a sep~~ab snd priwt~ i
,=~m~nat~on by me faken separate and apart from her said husband, atknowledged to and before me that she executed sa~d instrumeot freely and volvo-
~:y and w;thout any cempulsion, constraint, apprehensio~, or fear of w from her said husband.
v11iNE55 my hand and offic~al seal thi+ _ day of_ Au9uSt a p, 19 74
~
Notary Public in and fw the Sut Florids at larye
~ • My Commisiwn expires: ~~-3 D'~ ~
~ Return To:
~ F~rst Federal Savings a loan Associat~cn
Of Fort P~erce. • ~ ` ~
r. .`r ~i
Fort VicrGe. Florida i~_~Q?~~~Q~ ~t I/,•/'
FItfC i ~i
~ . St.i~L~i ~~:Mj? flt ~ ,-i' -
:~15 = ~ 'n .
~ ~'L;.: - ' ,t~ CCUR7 • - :
~ ~ ~i £,.,IC a, • ~ _ ' l • ~ , ~ ^
a~r~li._:.~.G.f :{....~"'.r ,
This Instrument Prepared By J~ H. ~ Roberts Jz. ' u ,f _ , . =
, First Federa) Savings & loan Association a 33 ~n y .
~ Flor ida 33450 ~ . ` ~ ' ~
J~`~-l~.~~,
J .
of Fort Pierce, ~ a ~
• ;
~ Checked By ~ . v ` -
~ o R 2!~Q5
~ EOOK ~rJU PAGE~ / ~t . dr_
_ _ _ - _ -
~ ~
~~vl.'~ .Y.~..+:_s_...6 ,y~- _ s.
1. .