HomeMy WebLinkAbout2160 To pt~c~ and ca~t~nuoualy kesp on ~M bu~!dings r+ow u ht~eaftK sitwt~ on s~id 4nd u~d on ~II cquipm~M and ptrson+lFy tcvcre~ by ~ius mat~
witA all ptmiwns the~con pa:d in futl, firs inwrsnc~ in the usw! ~undkd poiky faen. in ~ ~w~+ Wp~ov~1 by ~M A1~RiG4GEE. and windsw:m . 1
a?sw~rsp in ~A~ uiwi ~tutiiard pol:cy fwm, in ~ swn ~pp?ored by tM N10RTGAGfE. i~ wch mmpa~+Y o? ~a^P+^N+ as tM MORTGAGEE rn+y .
~Ktj ~nd ail fir~ u?d windsror~++ insuru+cr PdK~es on ~ny of s~id builduya. any imK~s~ ~Mrein a put ther~of~ in tM +pyre9~~e sum at«ssa~d or
in ucc~ss thcreef, sMll :a~uin t1+~ usual seardud ma~ya9K clws~ a sucl~ otMr claus~ u ~M Morroaye~ may rpvu~. ma~inp ~M lo~s ~+~dcr a~d Po1F ~
ci~s, ~ach anr wery. p+vabk a s+id MORTGAGEE a in in~errst r~~aY ~pp~a~• uKi each and ~~-ry s~cl? po'•~cY shdl be prompHy su g~ed and detivered ~o •
~nr h~b by sa~d MORTGAGEE as fw~l+M secwi~y ro said mor~ya9~ deM. and. nw !eu than tRn (10) d~ri M ~dvanu of ~h~ upkatian ol each policy. ro ds-
livw M aid MORiGA'vEE ~~~newal tMrwi, toq~~Mr wrth ~ reu~p~ fo~ tM prmiwn oi such renewalj and ~hcre aM11 b~ oo fwe or winds!orm insu~++K~
pl+ced on ~ny of saw! buildi~gs. ~ny in~er~at ~haretn a pan ~Mroof, w+kss ir. ih~ fwm and wi~h the loss p+YaWe as ~!w~said: ~nd ~n ~F+~ avee~ any wm
of morky becomas payabte ~nda+ such policy a polKies said MORTGAGEE shall Mw th~ opt~on to reteive ux! ~pply ehe same oo accou~~ of ~M indrbted~ ~
neu secwcd ?~erepy ot 1o permit said MORTGAGGRS to rectiw and uM it or any put thereof fw o~her purposes. wirhwt ~hr~cu,. wa~vin3 a~~upai.- ~
irq any eqv~fy. lien w riyh~ uode~ a by virtw of ~ha mortyags: ~nd in tM event sa~d MORTGAGORS shsll for u?y ~sason fail fo keep tne u~d p~emises so
insurad, ot f~U b d~live~ promptly ae~y of said pot~cies of inswanca b said ARORTGAGEE. w(ail prom~Ny to pay fully any p?emium therefa o~ in a~Y
r~spect (all ro per(we~, discharge. e:cc~te. effect. complNS. compty wirh and ~b~d~ by ~.os coven~n~. w se?y Put hs~pf, s~id MORIGAGEE m+y p1~ce a~+d
fu
1 fanauot of
e~ach and evety wcA paYment
ah~{I be ~,inwnediaalyfdw and p+yable a ahallubeu i~te est~ from tM daiaYt!?ereoifun~it pe~~, ~t th~ar ro~ol
n;n~ pN cenrum per snrwm and Iogetlkr with wch imaeu shali 5s srcwed by tM lis~ of this mort9~g~. ~ .
_ 1. To permit, canrnit or wffe~ no wast~. impai?mtt?t o~ dtteriwation oi said property or anY P+?t the~eof. .
S. To pay ~II and sinyulu the cosn, charyes and expenses, i~rclod'ug a reasonabls ~ttorney's fee and costs of abstr~cts of title. incurred w pacd e~
any time by said AM1ORTGAGfE. becaus~ a in the ~vent of the fa~lwe on the put of ~M said MORTGAGriR to du~y~ promP~~Y ~~+~~Y P~fwm, d:xfwrg~.
e:ecute. eifM. comptete, canply with ar+d ab:de by eech a~d every tke stiputae~on~. agreemems, conditions, and coven~nn of said p.om~awry note +l+d this
mort9+~e +RY a a~he~. :~+d sa~d cosn. chuges and ~apen~es, each ud eve~y. shall b~ immadiately doe ~nd payable: whe~her a not there be nouce d~
mand, attempt ro colksl or w7t pendiny; and tha fvll a~nounl of each and we~Y svch WYmeRt shaN be+' intc~est f~om ~he date thereof until p~~d ~t the
rau of nine pcr centum pe~ am~um: and ail said costs, chuges and exprnses irrcwred w paid. Iogether with s~c!? ir?teresf. sh~ll be secwed by the iieo of tluf
_ .
b. TMt (a) in tAe event of any Mexh of !his Mwtg+y~ or def~ult on tFr p~A of the MORTGAGOR, a(b) in the event sny of s~~d sw~?s of monsy
herein r~fared ro be not promp!ly and fulty pa;d wiihin thirq (30) d~ys next afte~ the same seve~atly become due ~nd payabte, wi~hou~ demand or notice,
or (c~ in the evem e+ch and every tl+e stipula~ions, ~greements. tond~tions and corenants af sa~d promissay note and this moreg+ge any or ei~her are not
iuly, promp~ly ud fully performed, d~xhargcd, eaecuted, efiected, completed, complied w~~h end abided by, then in e~ther w any such eveM ~M s+~d a¢
gregate wm rneetaned ie ssid promiuwy note then remainiry unpaid. with interest acuued, and atf mo~cys setured herobY. st++ll becomr dve and pay-
ab:e (orthv~rith, or thereaf:r, at the opr~on of said AIIORTGAGEE, u Eutly and compiNety as if aIl of the said w~+s of mw~ey were aginatly suputated
ro be pa~d on s~xh day. anything ~n sa;d prom~ssory no~s w in thn Margage to ~he contrary notwi~hstanding: and thereupon or lhercafter a~ the op?an of
said MORTGAGEE, without notics a demsnd, wit at law or in equity. the~efore or thereafier beyun, maY be proxcuted ~s if all moneys secured horeby
had matWtd {x~or to its inttitufiOn.
7. That in the event that at the 6eginning of or ~t amr t~me pending any svit ~pon this Mortgsge, or to fweclose it, x to reform if, a to enforce
payment of any claims 1+e~eundr~, said MORTGAGEE shall ~pply to the Co~H h~ving jurisd~u7on thereof fw the appointme~t of a Receive?, such Cow~ shall
fwthwirh ~ppoint a nceiver of said mortgaged property all and sirgvlu, includ~og s~i i~d s~ngulu the incane, profits, issues and revemres irom whatever
scurce derived. each and every of whKh, it being expreuly ~nders~ood. is he~eby mw~go9cd as ii spec~fically set fwth and desvibed in the granting a~+d
habendum c!auses hercr~f, and such Rcceiver shall have +U the broad and effective f~nd~au arx! powers in aoyw~se entrusted by a Court to e Recaiver, and
wch appointrnenr sFw1I be made by wch Cowt u an admitted equity and s rr~atter oi absolute right to said MORTGAGEE, and withovt refe?ence to the
adequscy or insdeq~acy of the valve of the properry mongaged or to the swvency or insolvency of said. MORiGAGOR a the defendsnts. anJ that such
rmrs, pofits, income, issues and revenues shalt be spplied by such Receiver accord~ng to the tien ar pvity of said MORTGAGEE aod the practice of such
Cou~t.
8. To d~ly, r omptly and fully pnfwm, dischsrge, execvte, effect, complcte, comp~y with and abide by each and every the sfipulations agroements,
condit'am and coven~nts ~n sa~d promissory note and th:s mortg.:ge set fwth. ~
9. Thst in tlw evene the ow~enh+p of the matgsged prem~ses, or any part tr~eof, becwnes vested ie a penon other thsn the MORTGAGOR, the
MO~TGAGEE, its s:xcruws snd ass~grs, msy, witFq~t notice to the MORTGAOR, de+~ with such successor a successor in interest with refere.~+ce to this
mort9age +nd the debt heteby secured in the same matrxt as with Mortgaga without in any way vitiating w diuharging the Mortgagors' liabil:ty htr~
under o~ vpon the deb~ hereby secured. No sale of the premises hereby mwtgs9ed and ra fwbeerance on the part of the MORTGAGEE w its succeuws
x asigns and no extensioe+ of the time for ~he payment of the debr hereby secured given by the AhORTGAGEE or its successors w assgns. .h+~~ operate
ro release, d~xhuge, nwdify change or aifect the wgioal liab~l~ty of the MORiGAGOR herein, ei~her in whole or in part.
10. It is spec~fically agreed thar time is of the essence of th?s contract aod that no wsiver of any obligaYwn herew~de? or of the obligation se-
cured hereby shall at any time thereafter be held to be s waiver oF the terms htreof w of the instrunxM secure~ herby.
11. In add~tio~ to the fwego:ng monthly paymanss of princ pa1 and interest required by the p~om~ssosY no?e secured hereby, mortga~or covena~ts
and agrees to pay ro mortgagee with each monthiy paymem an add~~iortsl sum r.stimated by mortgagee to be eqwl ro 1/12 of the annual cost of thc follow-
ing:
A-AI! real prope.ty taxes lev~ed w assessed agai~ss the above described real estate.
B-Premiums on fire and w?cdstorm insurance as here~n requ~red te be carried on the improveme~fs situate on ti~e sbove desv~bed premises.
I~ G-Premiums on such rtartgage guaranry insunr~ce as mortgagee shall fra.n time to time deem fit ro carry on the loan secured hereby.
Mortgagee shall from t~me to t~me noNfy mortgagor in writ~ng of the amoum due and psyabte he?eunder and such wm ahatl thereupoa be due ard
payab!t o~ thr due date of the next :nonthly payment and eath succeuive month theresfter ~r.til rtwrtgsgee shall ~?otify mortgagor of a cha~ge in such
amount. Such sums sF:ail be applied by mortgagee toward the payment of real property taxes, inwranct p?em~w~s, and mortgage guar~nty insurance
premiums.
IN WITNESS WNEREOF, tl+e sa7d MORTGAGOR Ms hereunto set his hand snd seal the day and year fint aiwesaid.
$igned, Seal snd delivered in the presence of: r
, - ~
. ancis e ~
;
_Witnesses ~ n
• ul ia A. Turek
STATE OF fLORIDA '
S5.
eouren oF ~y
~T--/~~J
~fa~ ~,p„nr ~ppea~ed ~ancis J. ?urek ,~,a
Julia A. Turek his wife, to me well known and known to me ~o be
the individwk described in and who executed the fwe9oing instrument, and sckrawledged befwe me that tF~ey executed the same for the purpppes
rF~?~m ~xa~xa. n,~d t~ Jul ia A. 1~rek _
Franci s J. Turek
w~fe of ti~e said upon a seRit~le,`s~d'p!~?~.
exam~natwn by me iaken separate and apart irom her said husband, atknowledged ro and befwe me that she executed said 'ersstrumept ~~rj~~~~. ~
rarily and w~thout any compuls"an, constraint, spp?ehension, or fear of or irom her said husband. .'•.•ti~ ~4.'
WITNESS my hand ar+d officisl seal thii day of Au uSt •A. ~
9~¢;~ ~
~ ' Y,
r. ; L
_ ~
Notary Public in and fw the St:, e of flo~ids~~~t `7f~s:
M Cannission ex res: ~l 7~ ~tQ n
Retum To: Y ~ y z. T)%, `l'"/
J .
First Federal Savings a Loan Associatan ~'••..,~••~L t
Of Fo~t P~e:ce. S T~ ~
~ '
~'•~t..,~.rr•'.':
Fo?f P~erce, Flor7da •
' p ~p REG Y~
~ IIOCE~ p
ti?RAS j .
This Instrument Prepared By Richaz.d K. Kayes ~`ERK Ct~ Ctltf CO~RT .
First Federal Savings b Loan Association afC~RpyERtflfO
of Fort Pierce ~ Floridd ~ ~~a
~~p rtoi
Checked By .
~ so~K231 PA~2155 2ssas9
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