HomeMy WebLinkAbout2720 J. To piac~ snd too~~n~ously keep on the bui:d~ngs no+r w hereafre~ f+tuals on saiJ Ia~~d ~nd o~ ail equipmeol and pe~so~ally covered by thif enalp~
wlth dl prem~umt ~hereon pa~d ~n 1ull, fut ineu~anc~ ie ths uw~l sia„derJ ~,oiicy Form, i~ a sum approved by the MORieiAGEE, and wu~ds~am
insuranp in tM usy~l atandard pol~cy }am, in a sum ~pproved by tM MORiGAGEE, in wch company w compani~s as tht MORTGAGEE may
d]rectf and ~II firs u+d 'winduo~m i~surance po~K~es on any of said buiid~ngs, any interei~ IF~~ein ot pa?f lhersof, in thf agyr~y~t~ ~um ~faesaid w
in eaui~ Ihe?eof, thal) coroaie th~ us~al itandard morrgagee claufe a such other traus~ as dw Moriyagee may rtqwr~, malinp the ioss unJer sa~d po~f ~
ues, each and every, payable ~o sa~d A1pRTGAGEE as ~~s imerast may appear, and each and every such poi:cy shatl be p.omptly ais pned a~d delive~cd to ~
any held-by sa~d MOR?GAGEE at fu~~her secu~ity to said mw~paye debt, and, na less ~hao ~en (10) d~ys in adya~ue oi ~hr expuaGon of each poGCy, to da
liver to seid MORiGAGEE a r~newal thmeof, Iogeihrr with a receipt iw the pro~n~um o( such renewal; ind there shall be no fire or wind~~o~m infurant~ l
plac~d on ~ny of said building~, any interest therein or put thereo(, un!eas in rFu (orm ar~d w~~h the lou payable as a(weuid; a~d in the event any sum
of money becomes payab~e under i~ch policy a polKios sa~d MORTGAGEE shall have tbe optlon to receive and ~pply the saaie a+ account ol the indebtrd- .
nrss secured hereby a to permit sald MORiGAGORS ro receive and use it a any part rhereof lor otr~er p~ry oses, Yi~1hONT ~h_.~u~ ,~a~+~•~3 c~ ~,npa~r-
~ng any equ~ty, lien w righf under ot by virtue of this mor:gage; and in ths evem sa~d MORTGAGORS shall (w any reason lail to keep the ta~d prem~us w r~. .
~ns~red, or fai! to de~ive~ p~omptly any of said poliues of irsurance to said MORTGAGEE, or iail promptly to pay fully any premium therefa a in any ~
respect (ail to perform, discharge, execute, effcct, canplete, comply with and abide by th~s covenant, p any part hrreof, sa~d MORiGAGEE ~nay pl~ce a~ •
pay fw iuch insurante or any part thereoF withoul waiving or afFecliny any op+ioo, lien, equ;~y, o~ r~ght undrr w by virtue o( ~his hRcr~gage, and the
f~ip ~moum of each and every such payment ahalt be immcdiate~y due and payabte and sha~t bcar interest from the date thereof u~}~i( peid a? the rate of
+v:~e prr ceotum per ann~m and to~rthzr •n•ith wch interest sha6 :.~e secured by Ihe fien of th~s mortgage.
4. To permit, commit o~ sufier rto waste, impairment or deterioratio~ o( said MrcFerty w any part thereof.
S. To pay all and aingvlar 1he costs, charg~s and cxpenses, include~g a reasonable attwney's fee and wsts of abstrsds of title, incurred w paid ~1
eny time by said A10R1GAGEE, because w in the event of the ta;iure on the par~ of ihe said MORTGAGOR io du~y, promptly a~d fu~~y perio~m, d~xharye,
e,~ec~te, effeU, cemptetr, comply w~th and ab:de by each and every the s~ipulat~ons, agreemr~~t:, conditions, and covenants of sa~d p~omisso~y note and th~s
- o~rgage any _:ther, and sa~d casrs, charges a~d expenses, each and svery. shail !x immed~ately due and payabte; whether p not there be notice de~
~,,.,nd, attemp~ to coliect w su;t pend~ng; and the ful! amaunt of each and every wch payTent sFwil bea~ interest }rom the dats thereol until paid it ehe
o~ n~ne {x. centum p~r annum; anC a~l aa~d costs, char~es and eape~~s^s ~nc~~red or paid, togettxr wnh such interest, shall be utu~ed by Ihe lien o( thi~
mortgage.
6. That (a) in the event of any brea:h of this Mor~yage or default on thr part of the MORTGAGOR, or (b) in the event any of said wms of money
herein referred ro be nof pranptly and fully paid v,irhin -th~rty ~30) days nea~ aher ~he same severa;ly betonx due and payab!e, without demand or notice,
or ;c) in the event each a~d every the stipulations, agrrements, cond~t~ons and cqreoan~s of sa~d promissory nore aod th~s mortgage any or e~ther a~e not
~vly, prwnptiy and f~lly perlormcd, d.scharged. execut,:d, effected, canpieted, compi~ed wiTh and abided by, tt~o in either w any svch event the sa~d ag
yregate s~m mentioned in said From;sso~y note then re~naming unpaid. with inttrest ato~ed, and all moneyf setured hereby, shal3 become due and pay
ac ~ forthwith, or lhereafrer, at the oprion oi said h1pRTGAGFE, as fully ard compirtely as i( all of ~I,e said s~ms of money were aiginally st~pulated
tr, be pa:d on such d~/, anyth~rtg in sa d pre n~sswy r.ctt or in this Jtiloetgage to th_ connary=notwithstanding; and ~hereupon p thercafter af the opt~on of
s=:,d ?dORTGAGfE, w~thout nonce o~ demand, suit at iaw o~ in equdy, therefore or Ihereaiter begun, may be prosetuted as if all moneys setured hpeby
~..d matured pror to ~ts enstiT~tion.
7_ That in ahe event that at The beyinn:ng cf or a~ any siaie pend~ng any su~t upon th~s ti~ortgage, or to foreclose it, or to reform it, or to enfwce
..-~:ero of any d~ems hereunder, so~d b,ORiGAG_t sha't =ppiy to ~he Co~:t hav~r.g ,~nsd.ctiGn ~hereof ior the appo~ntment of ~ Receiver, such Court shall
•.vith appo~nt a r~ce~~rr of ;~id r~e•tgr.~ed pro,, r~ty a:i end s::~gular, inc:;:d ng a~' and s!nyuiar the irtcome, pro(~ts, issues and rever,ues from whatever
.•cr drr~.ed, ~•xn ar.d e.ery et w'r~~ch, ~r L.•~~~g ~..Nress!y ~ntieii:oc:J is i.er_oy n ortgaged as if spec~fitaily set iorth and described in the yronting and
~.:r:id~m danES Frr~of, and su.h Recei.er shau h~fc aii tne br~ad and effecr.ac fv~•a ons and powers in anyrnze entrusted by a Court to a Reteiver, and
,.:t, appoinrment shali 6e rrade by such Cc~rt as a+~ adr.~~th•d equfry and e mafte~ of absoi~te rigM to said MORTGAGEE, and without referente to the
:~qoacy or inadequacr of the va:~e o* the proprr~y morrgyged or to +i
F so.vN~zc; cr „uolve~xy oi said MORiGAGOR w the defendants, and thal such
•s. proiits, income, issues and re.er
~es snaif 6e appl~ed by such Recer+er accwd~~zg ~o the 6en or eq~liry of said MORTGAGEE and the practice of such
~_~~r~.
8. To d~'y, prcmprly and fuE!y pe~'o~m, discha.GP, exe:vte, effe:t, compiete, compty with and abide by esch and every the stipuiations, agreements,
r c1,~~cns ard covenants m sa~d pro.~:~ssory no:e ~:~d :h~s ~~orTgag> srt fath.
9. :hat in thc evc^t ~he owne:~'r.ip oi ti:e ~rc~'gaqed pre~~i:es, or any part thercof, betomes vesTed in a person other than tF+e MORTGAGOR, fhe
:^C?GAGEE, hs suc:ess~•s ac;l ass:gns, may, w:tho~t ~or,c~ to the YOR7GAU2, deal wrth s~ch saccessw or successor in interest with reierence to thia
''~g~ge ano !he d,ot hereby sewred in the sa^i? ma~~ner as w~th J.lo~tgagor wilheut in any way vitiating ot t~istharging the Mortgagori liability here~
._~r or uoan Thr d_Lt hereby s~c:,-~-d ~to sa.e of i!~.~ ~rem~ses hereb7 mortgaged and no forbearance on the part of the MORiGAGEE o~ ib successors
' ass~gni and no extens~on o4 the t;m•: for tfi_• paymenf of tha debt he+eby sec~red given by the MORTGAGEE Or its SucCOSSWi w aulgns, s7wll Ope~ate
rase, d~scharge, rr.od~fy ci:ange or aifea t~~e o::g:~zai i~ao:iny of the l.•.GRiGAGOR herein, either in whole a in part.
10. h~s spec:f~ceGy rgreed that time is of the essence of this cont:act and that no waiver of any obligatioo hereunder or of the obligation se-
c.:-ed ha•eby sha!~ at any t;me therea'ter b~ heid to b= a vra+ver of the ferms Aereof w of the instrument secured herby.
I l. in i:l ~~c ;~o r~,e iore~e ~n •r~^eh'r ^rr.rs of p~ir:c ra! and ~nrerest reGu~red by the prom~ssary nore secured hereby, mortgagar covenants
a:,rees ~o pay !o ~~.ocrg~g.~e v.ch each ~:~on<n .,,.,~~nen! an ado.•~o~ai sum est:-*~a~ed by mortgagee to be equal to 1 j 12 of the annua~ cost of the follow-
A-Ail rra! propr.ty taxas ier.rd or assrssed aya~-~st ti~_ a:,o~e desr~~ed r_al es*.ate.
6-Pr~~,r.:;,~:s en f~re nnd wi.^.dst•~:m ,csura-c~ F<•c~n requ:red to be carried cn the :mrroveme~ts s~tuate on the above described premises.
C-Pre:^:ur:s oa s~cn mo~'~~ge g~a•a:~ty ~csUra•.Ce as rt,e•t,~•~~~e sha'I fre~r t me to t:,ne deem fii to wrty on the loan secured he~eby.
ltlorrg~gee shai~ f--;m r~.re ~o '~,~;e ncr~+; mor.gagor ~n writmg of the arr.o:,~t d~a and payable 4ereunder and such wm shaU thereupon be due and
{ :^.r o~ the d~e ti.,te of tF.e n~et ^~~n•h'~ r.~ya~~:~t and e~ch successire mon;h the-eal~er urtii mertgagee sha!I notify mortgagor of a ehange in suth
' -.,~r. S~ch sums sh3 i be appi~zd by mor+gagce rc,:ard the payment of rea! prope~~y taxes, insurance prem:ums, a~~d mortgage guaranty insurance
r
~ ~:r.s.
f ~ 1'iITNESS 'h'HEREC , rr.~sa~d N,ORTGA:,G~ has hereunto set h~s hand and s~al rhe day and year first aforewid.
i i d vered in e pr sence of: /
t /~L L~. a~
~ ~ G stav Greisbe
€ ~ a~)
_ - Sesl)
- Grita Greisbe ~ ~n
= Tc OF FLORIDA ~
St. Lucie
;~:rr oF ~
~ Befwe me personafly ap~eared GUStdV GY@] SbeY9 a~
Grita Greisberg h;, wife, to me well known and known to me to be
~ ~ •~dividuals descriced in and who execused rhe foregoing instrvment, and acknowtedged before me that they exetuted the same fw tFx purposes
~ c•e;n expressed. And rhe :a~d _ Grita Greisberg
~ of the :a~d - Gustav Greisber4
~ • vpon a separate and priv~te
s .-~'natlcn by me taken separate and apart from her said husband, atknowtedged to and before me that she ezecuted said instrument freely and volun-
~ y ~nd w:thout art [ IS~
y.orr~Y~~wry;ons:raint, apprehens~on, or fear of or from her said husband.
~ • :
~ LYITtdE~$ my hanc~~ot~N~y~ta~~hu___~ day of_ JanuaYV p ~y7S ;
M L.. f`1~
~~/t'.•~ih4~. ~ }
1 ~ J~• . _ ~ ~~~.4" l~ ' '
~ '~•'at ~~.j'# Notary Public in and for the gt te of Fbrida at Large
.
1f ~ , `ve C ~i~:~: ' My Commisswn expires: ` . ~ 6
ik = R Tq~.. . .a. , 3 E~ - ~
: 1 ' ~~e."~ ` ~ ' l~' . ~
t ifif fta¢ff~ yiY~ ~Odl1 "~~~~~,,~ri~pl.
S: ~f ~ Lc~. ~ J
x:
a,' ~~:y~61yoe;: ~~i. . C; ;
~ ~1 TE %~AT~?~,te~r' Ft~E~ AMO AfC0i1~
iT.1.tICSE G01?MTY
~ aociR ~cnfu~
~ This Instrument Pre ared B RobeYt A. CtERK C~f•G~11T COU~
~ p y ~visher Jr. pFCOADYERtf1E~
First Federal Savings 8~ Loan Association
~ of Fort Pierce , Flor ida 33450 2 S4 PN
~
~ Checked By ~QA
s~ n~~Y
BOOK ~.J~ PAGE2/19 ' ' . ' '
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