HomeMy WebLinkAbout1435 1. To pt~ a~~d tmtin~oualy teep on th~ b~itd~~~gs ~ow o~ hcrrafiN ~it~st~ on aaid land ~nd on ali eqviprnMt a~ pl+fO~~lly COrNed by Ihis mOt19-
ege, with all p~eRiuen~ tt.creon ~a:d in fu:l, fus ~nsurance in t??~ ua..ei st~ndard ~o~Ky f~rm, in a sum approvrd by tht M4RiGAGEE, ~nd wi..dstwm +
~nswaKt in tM uswl s~and.rd po:~cy («~n. :n a s~~n ~pprovtd by ~M MORiGAGEE. in suah compa~y w to~^~^t~s +s ~M MORIGAGEE n~~y
d~recr, ~r+d all (G~ and w~~dstwm inwrsnce PC1KiH on any ot sa~d bvi~dnqs. any i~~ere~~ N~sin a par~ thrwf, in t!w ~ggreyab +w~ afa~said a
in excess Ihcteof, sh.til contain ~M usual sr..,~dard rtwr~9.~ges daus~ o~ suth otFta dsuss u/M Ma~qage~ e+ay requ~rt, maMay tM lou w?da sa~d pN4
c;es, each and every. WYab~e ro sa~d A~JRTGAGEE as ~~f ~r~e•est rnay appra~, and each e~d eve~y s~ch poncy sRaii b~ p~ompllY +ssqned +nd d~ure~ed ~o
eny held by said MORlGAGEE as 1w~har secur~ty ro sa~J n:atfl+ge dcot, and, not k~a ~nan ~en UO? d+rs in ad+a~aa of the eap~rahon of euh poGq. ro dr o
t~.er to ~aid MOR~G~GfE a renrwal thc+cof, ?oge~her wifh a ~ece~pt fw tha p~r:r~ium of svch ~encwal, a~d there shal! b~ ~o i~rr w w~nds~o+m i~s~ra~c~ .
pleted on aoy of u;d buildings, a~y interat there~n a parl thereof. unless in ~F?e iorm r~d w~th ~he ~oss Pal~bie ai afaesaid; ~nd in Ihe ev~nt ~ny sum
of mon~y becwnes p~yaWe undN iuci~ poiicll a PotK~es s~~d MORTGAGEE stiall have rhe opt~on w reteive a.d apply tha sam.e on +aow+~ e~ ~h~ ~b~ed'
nens secured hereby a ro pe.mit said ~dORTCaAGORS to ~ecr~ve and use i~ rx any part tha:cof ior or+.cr pu:poses, v.~~ho~+t thercbr wa~y~.w? o~ +~nWir•
~ng any eq~iy, I~en or righ~ undrr w by v'urue of this morr~age; and in the evem sa~d M~RiGAGORS ihs11 fa any .easo~ fai) ro keep il~e sa~d p:emisrs so
~sured, or fsil ?o dr~~ver prompUy ~ny of said pol~c:es of insuro~cs ro sa]d AiOR1GAGEE, ot fai{ prompfly ro pay fully ~ny ~uanwm thcrefw a in ~ny
re:prct fai! ro perfwm, d~scharga exetute, eifect, comp~ete, canply wi~h ar~d abide by th~s covr?ent, or any pa~~ htreoi, said MORiGAGEE m:y place and
pay tw such insurarse or any patt thateof w~thou? v?aivinp or affe:tinp a~y ophoti. lien, equAy. w r:gh~ undea ~x by vitax ef thia Mwt~sga. ar.d tht
f;;;l amount o1 each ~nd eve~y such payment shalt be irrunsdiatel~ dve aod payabte s»J shal! b_ar inreres~ from tlx dat~ thereof uniil pe~d at tM rat~ o~
~~:•:a ptr cent~m pe~ annum and to~edier w~th euch intr~ast ahali bt sec~red by the tien of this mortgage.
1. To permit, commi~ a sutfe~ no waste, ~rnpaumr~~ a drtcr~uratpn uf sa~d pro~ty or any pa~1 thcreof.
S. 7o pay atl and sir+gular the costs, charges and expenscs, includ~~g a rcasonabls attp~ey i fce snd costs of abstrxts of title, incurred a paid ~t
any i~me by i~d MOR(GAG'_E, brcausa a in ~he evtnt ol the failwe o~ ~he pa~~ of Ihe sa~d MORTGAGOR to duly, prompdy and fullv patam, d~scha.gt.
e.~cuTe, effett, cemplet~, comply w~th and et:de by each and everv rhs s~ipvlat~ons, ag~eenients, conditions and cova~wnts o! sa7d prom~isary note a~d ~hi~
,:orrgage any o? e~+her, and sa•d c~ts, cha~ges and expensrs, each snd every, sha~l be immed~auty due and payabtt; whethe~ or no~ ~he~e be no?~ce d~
n,a•,d. ~uempt ro colkcf w suit pe~d~ng; and the i~H amount of each and evcry such paymc~,~ ahsll bear interest trpn 1he d~tt tnereof ~ntil p~id at t1~e
•:f~ o' n;ne per crnwm ~~v an~+v:n; a•~ au sa;d cosss, :har~es a.~d ex;xnxs ~ncurred or pa~d, togrther ~v~th s~ch iMUest, sMll be tetured by the lien oi thu
martgage.
6. 7}~at (a) in rhe evenl of any breach of ~h~s Mwtgage or default on tFr: pa~t of ~he MORTGAGOR, w(b) in fhe eve*~1 any of ss~d swns of money
he.ein referred to be no~ pror.~ptly a~d tuily pa~d w~thin rh~rty (3a; days nef~ aiter she same uveral:y beco~ne due and payable, wi~hout dema~+d w not~te,
or ;c) in tF?e e~ent each and every thc stipular,w~s, sgrecrnents, cond~iions and cc.enanrs of sa;d p.omiuory nole a~d th+s mortgage any o~ ei~her are no1
i~'y, promptly and fvsly pe~tormed, d scha:y~ earcvrrd, eiiecred, canplerrd, com.pl ed with and abidrd 'ay, then i~ e~~her w any such evem the sa~d ~g :
~~cgare sum mcntioned in sa~d promiuory note rhen rcrain~ng unpa~d, wi~h inre~e>> accrued, and a1i moneys secured hereby, shall become due and pay- ;
eo e forthw~th, c: the~eafte~, ai the op~ion of si~d MORiGAGEE, as fv~ly and co+~p'etziy as if a~l o( Nx sa~d wma of money were originally st~pulated .
be pa~d oo such day, anythin~ in sa:d prom~ssory note a in ~his Mortgagr ~o f~r_ convary notwithatanduig; and thrreupon w thereafte~ at the opt~on of ~
s~.d N10RTGAGEE, v`ithevt notice o~ dertwtnd, suit at Iaw or in ~qu~ty, thcreFore or Ihereafte~ begun, may be ptos~cuted as if ~U moneys secvred hertby i
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c:d matcred pr~o~ tc ~ts institution. 1
7, iha~ in the event that at tnr begln~:rr~ of or at any ;ime pe~+d~r.g any w~: u~n rh~s Nlorfgage, « to Foreclose it, w to reiarn it, o? to enforte
;,~v,nent of any ca~ms hrreuad.-r, sa~3 ti~ORTvAv~E snatl appty to the Coun hav~~sg ~unsd.ct~ai thereot for the appo~ntmeot of a Receiver, such Covrt shall
t:,,+-.,,irh arpo:::t a recei~er of sa:d mo:•g~grd prcp-~rty all a~d sinqular, ]r.c•ud=ng a,i and s~ngu~ar ~he inco.r.e, profits, iss~es and revenues from wF?atever
s~~r derived, ead, ~~+d every oi •.~F,.ch, ~t bc,r,g @KN!CLSI~/ ,;rxierstxd. is hereby n:ori~aged as if spec~iically set fo.th and desc+~bed in the y~aroing snd
I.~t.~~nd:,m c'avses herrot, arc+ such Reee++er s!w11 ha.•r aN the broad and CffK*•~G f~~.•.ce e,~s and pw~e~t fn anyw~se ~trusted by a Courf to a Reteive•, ~nd
s~ ch appoin+me+~t shal~ bc matie by such Court as an admi~lad eq~isy an0 a mat~at of abso~ute r:gAb to .s~id MORTGAGEE, N~d wi.lwut referente fo fhe
ac,avaq or inadequacy of the vatue of thr prc,erty mo:tgaged or te the so.va^cy w:~so!~e~cy~Of said ORTGACaOR d.tAe d~fendants, and that such ;
_~•s, profits, incorne, iuucs and revenues shail be appi~ed by such Rece:ver accurd:~~g to the tieo w equil~r of said MORiGAGEE and tbe prattioe of such ;
~~urt. ~
8. To du`.y, prempNy and fuUy ptrfotm, discharge, exetute, effect, compl~te, comply with and abide by each and evtry fhe stipulat~ons, agreemeob, ~
c.n3itdons and wvenants m sa,d promisswy note aszd this mortgage set forth. ~
9. That in the e~ent the awncrship of tF+e mor~gaged p~emises, o? any ~+t thereof, becornes ves?ed ~n a pe?so~ ether than the MORTCaAGOR. the
:,~RTGAGEf, in succasso:s and auiqns, may, wis!+out no~~ce ro the ~1taRTGAO~, deai wirh such succeuw w socceuor in interest with ~efcrence ro th:s
-c•~gage a~.d the dabt hereby secured in the sartre manner as with bbrtgagar w~tkw~ut in any way vitiating or dischargirg the Mutgagors' liability herr
_~~er or upon fhe deb~ hereb~ sncured. 13o sa:e of iFw Frmr+~ses hereby mengaged and no fwbearance o++ the pan of fF.e MORiGAGEE a its successors
c• ass~nns and no exre~s~on of the time (ar rhe payment of the debt hereby sxured g~ven by the MORTt'`.GEE o+ its successors w augns, a1at1 ope~at~
r~ re'e~ae, d.uharge, modify charv~e cr affect the oriy~nal Iiab+tEty of tht MARTGAGOR here~n, either in whole or in pa?t.
10. tt is spec+ficatly agreed ~hat ume is of the esx~ce of th~s coreract and that no waiver of any obl~gatron hereunde? or of the o5ligatian st
c~~ed 1Kreby shali at any ti:ne ~hereaf~er be held te be a wa~rer of ~he terms hereai o~ of the insrrument secured herby.
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11. In ad~.tio~ to fhe forego:~xJ month'-y paymems oi p~i~c'pal and inferest ~equ~red by the prom:ssory ~o!e secured hereby, mo•tgagar eovenams
o~d agrees to pay to r^.o:~gagee v.~~h eac~ mc,nrhiy pay~cent an o3d,~iona! svm es~~~:ared by mortg3gee to be eqval to i;'12 of tfie annual cost of the fcllow-
A-Af: rcal prope.ty ta~rs le~.ie~ o+ assess_-d ag~i•~st t!u~ a~o•+e deic~ .:cd rea! es;ate.
6-Pr~mu:ns on iire and winds:orm insura^cr as ne•~~n req~;:~d to b° ca~r~ed on the ~m~rovemeats situate w? tlw: above desvibed premises_
C-Prem~oms on su<h rr.wtgage ,g~aranty inswa..cc as martgagee shall froT t:me tu rime decYn fit to carry on the ban secvred he+eby.
Nortgagee shati iro~n timc to r~me ne~;fy rno~rgagor ~n v~r~~~~g of fne amo.~~t d~e and payable hereunder and such sum shall therev?on be due and
,.3bie on tt~ d.,e date of ~h= nrxt n~o~th:y paym~nt and each svccess~ve rr.c~:h thereafter ~~r,ri! mortgagee shafl notify mortgagor of a change in wch
I • o~nt. Such su+rs sNa;! ce oppii-d by mo:fgay_~e toward tiie payment of rea! property taxes, ins:irarue p~em:ums, and mor~gage guaranty i~uurance
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ITI ~~NESS Y~N:REt'iF, t uid MQRiG R has hc~e~ to ses his ha~d and xat tFx day and yesr iirst aforesaid.
aled and e of: I/'`= i
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t ia s 1 ~n `
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5"~ i F OF FLORIDA ~
SS_
~~~yTy Op $t. I_nci~ 1
Befwe me perwnally appeared ~a1111~19 J. Baranski
Nina C. Baranski his wife, to me well known and known to me to be
endividuals desui6rd in and w1w exewted the fore~qoing instrument, a~sd acknowtedged before rtee tFwt they executed the same fo? the purposes E
r'~--e~n expressed. And the s~~d_ N117a C. Baranski _
William J. Baranski
::''e of the said upon a se~atate and privste.
nat~on by rrK taken separate and apart from her said husband, acknowledged to and befpe me ihat she exetuted s~id iro)(~Mjl~~)~ ~auR-
_.y and witho~t any computsion, constraint, apprehension, w ar of w from her said husband. -~U~- .[6,~/~~ '
Y11TNE55 my hand and off~cial seal this~_~-~~a°'R,,~- day of Atl 115t ~~~~•••%L~Q.
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Nata Pubtic :n and for the $t~eof f ias.af lar r=
My ission sxpires: `~~I,/li? J~ l~~~ r~~r~~
7~"~ S`; f~ • _
Return TO: r 1 ~ "
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Flrst Federal Savirys b Lcyn Associat:on t7 j~' ; = i.~
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Cf fo-t P~erce. 7•~•'~.~...a••• `~,e
Fwf Pierte. Florida .r ~'1'~~1,: ~
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iA•r^'_~~ ~ ,'•~~~itH~?'.
This Instrument Prepared By Gary F. Ell~rood ~'~,qp[~ ~
First Federal Savings ~ loan Association ~~p~RlflE~~ ~s~ ;
of Fort Pierce , Rlor id~? 3345n 4 s
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Checiced By -
goaK231 P~E~434 .
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