HomeMy WebLinkAbout2287 3. To place and conG~uously keep on tha ou~'d~ngs now or hrreafier altuatc on so~d land and on ali equipment and pe~wnally covered by ~h~s mor~g~
ege, with all premiums thereon pa~d in fuU, iire insurance m ~he us~at s~andard poficy form, in a tum approved by ihe MORIGAGEE. and w~ndstorm
Insuranc~ in Iha usual siandard {w~~cy form, io a sum approved by tha MORTGAGfE, in such company or companies a~ the MORTGAGEE may
duecr; and all lire and w~ndstorm ioeurance polic~ea on sny of sa~d fw~ld~ngs, sny iroeres~ therein or part the+eof, in the aggregata sum a4oresaid or
in excesf Ihereof, shaU contain the wwl s~a~dard mortgagae dause w such otFvsr clause as Ihe Mortgagae may requirs, maAinq ~he loss under sa~d poli-
c~es, each and every, payab!e to said \10RIGAGEE as :ts interest may appear, and ea:h and e~ary wch po~~cy shall 1x promptly asi gnrd a~d delive~ed to
eny hetd by said MORiGAGEE as turthar security to said nwrtgage debt, and, not less than ~en (10) days in ad+ance oi lhe exp~~at~on of each poGcy, ro de-
e~~e~ to said MORTGAGEE a renewal thereof, together w~th a rece~pt fo~ ~he prrmium of such rene~n•al; and ~here shall be :w fire or windstonn insurance
placed on any of said buildings, sny intereit lheroin ot part thereof, unless in the fo~m and w,th the loss payable as aforesaid; and in thQ event any sum
oi money becon+es payable undei such policy or policie~ said MORIGAGEE shall have the opt~on to receiva and apply the same on accoun~ of Ihe indzbtrd-
nrss sec~~ed he~eby or to permil said MORTGAGORS to raCeiva and use il or any p.+rt tF~ercof for cther purposes, .v~thout th:•ei~r w::i+i:~g or ~mp.:ir-
ing any equ~ty, Iien a riqht under or by virtue of lhis mo+tgage; and in the eve~t sa~d MORiGAGORS shall tor any reason fail ro kaep the said prem~ses so
~ns~reci, or fail to deGver prornptly any of said po~iuea of insurance to sa~d MORTGAGEE, or fail prom.ptly to pay fully any premium tAcre~or w in a~y
resF;ect Fail to perform, d~stharye, execute, effect, complete, comply with and ab~de by this tovenant, o+ any pa~t h~reof, sald MOkTG4GEE mey piacs ar,d
nay f~r such inw~ance or an~ pa~t thereof without waiving or affetting any option, I~en, equ~ty, or righ~ under or by vir~ue ot th~s hlor~gage, and the
f~ll ainount of rach and e~e~y such payment shall be im~nediately dua and payable and shall bcai interest from the date thcreof until paid at the r~te o!
~ e per tent~m per annum and to3ether with such inte+es~ st~all be sec~rrd by 1he ?ien of this mortgage.
To permit, commit or suffer no waste, inipairment or drrerioration oi said proNe~ty o? any part thereof.
5. To pay all and singulsr the cost~, tharges and expenses, induding a reasonab'e attorney's fee and custs of aburatts of titte, inwrred o~ paid at
+•,r time by said MORiGAGEE, because or in ihe event of the fa::ure o~ the pan of the sa~d M~RTGAGOR to duly, praTptly and fully pe~fo~rn, d~scharge
•:cute, effec~, comptete, comply with and ab:de by each and every the st~pulaNons, agrecinents, conditions, ar.d covenants oi said promisso~y note and fh~s
~,.~rrgage any or eitiher, and ~atd costs, charges and expenses, each and every, shall br immed~ately due and payable; whether a not there be notice de
r.~a~~d, attempt to cotlect or suit pend~ng; and the full anUUn~ of each ond every wch payment shail bear intc~est from the date thereof until paid ~I the
~u :e per cenwm par an~~um; er.c: au saiJ cwn, cnorgrs and ~xN~r.ses i~xu~r.:d or paid, toge:i~er w~th such interest, shall be secured by the I~en of thii
~c+tgage.
b. That (a} in the event of any b~each of this Mertgage or default on ihe part of the IN.ORTGAGOR, ar (b) ~n the event sny o( snid sums of money
~:~rein ?eFerred to be not promptly and fully paid within ~h~rry (30) days nex~ af~cr ttie sa~ne severar:y become d~e and payabte, without demand or noiice,
:r ~c1 in the e~.ent each and every ~he stipulations, agreements, condnions and covenanrs of sa.d prom~ssory nose and th~s mortgage a~y or e~~her are not
+,_'y, promptly and fully performed, dscF.a~ged, exec:,red, elfec+ed, comp;ered, co~npl:ed v:nh a~~d ab~d~.d 5y, then in e~ther er any wch event the said ag
;-~~~afe sum men!~oned in said_ promissory note then remain~ng unpa~d, wirh intere;i aca:,ed, and all moneys secured hereby, shall become due and pay
eo _ forthwith, or ehereafrer, at the cprion of so~d M.ORiGAG'.E, as fuily and compietcly as if aIl of ~he sa~d sums of money were or~ginally st~pulated
~ he pa~d on such dcy, anything in sa,d pro~n~ssory ~ote or in this Moitgaga to the con~rary notw•i~hstand~ng; and thereupo~ or Ihereafter at the opt~on ol
s,:f ti10RTGAGEE, without nonce or dnmand, suil at law or in equ~ty, thesefore or ther~afeer begvn, may be prosecuted as if all money secured hereby
r.: d matured pnw to ds institution.
7. That in the event that at the beyinning of or at a~y f~me pend~ng any su~t ~roa this Mongage, or to faeclose it, or to reform it, or to enforce
:,yn~ent of any c~3ims he.eunder, sald MORTGAGEt sF,a',I aN;;ly to the Cour~ ha.~• g;~~~sdci~o~~ thercof for ~he appolntment of s Receiver, such Court shait
-~h„ith ap, oint a receiver oE said mortgaged prop~ •ty ail ~nd sing~lar, inc.'ud.n3 al: ~~~d sngular the incon~e, prof~ts, issues and revenues from rrhatever
derived,-eacn and every of wh~ch, 1~ be~ng exp:ess!y und_~stood, is F.ereby n~~•ngayed as if spec~fically set forth and destnbed in the g~anNng and
,::endum dauses hereof, and suth Receiver shal~ have alI ~he broad and e;ietrive furc+ o::s and powera in artywise entr.:sted by a Cou~t to a Receiver, and
n,p,.~fnement shaU b~ made by s~ch Ccurt as an adnt~tted equ~ty and a ma!~er of ae,so~ute right lo said MORTGAGEE, and w+thoot refere~ce ro the -
_;~;cy or inadrquary of the vaf~e of thr property mor~gaged or tc rh•_ s, tienc; or ,=t~,o!venCy of said MORiGAGOR or the deiendants, and that such
~s profits, income, iss~es aixl rever.ues shall be appi,ed by such kece:rer accurd.•,g to the lien or equity of said MORiGAGEE and the practite of such
::urt.
A. To duty, prompt:y and fuily F,e~iorm, d~schjrge, exetute, effect, c~mp~~te, cu:~~pl~ •n~th and abide by each and every the slipulations, agreements,
:i~tions and covenants m sa~d promissory no!e end this murtgage set torth.
9. ihat in the eve~t the owr.enhip of the mort3aged premises, or any part thereof, oecomes vested in a perwn other than the MORTGAGOR, the
2iGAGEc, irs svccessws and assigns rnay, wi~hout not~ce to the A~ORTGAO~, dea: .~~ih such auccessor or successor in interest with refereRce to this
'qage and Ihe d~•bt hcreby sec~red in the same manncr as with rdortgago~ v.~+thout in any way vitiating o~ d~stharging fhe Mortgagots' liability here~
r or upon the debt hErebV sec~red No sa',e of the prem~s~s hereby mor!gaqrd and no forbearance on the part of the MORTGAGEE w its successors
,s5;gns and no earens:on of the fime ~or the payment of the debt he.eby sec~red g~ver, by the MORTGAGEE or its successors or assigns, ahall ope:ate
,e~ease, d~scha:ge, m~,eiify change o~ affeU the or:g~nal liao.:rty oi the K.GRiGAGOR herein, either in whole or in part.
)0. It is specuficaiiy agr,.ed that t+n*e i> of the essence of ~h~s contract and that no waiver ef any oEligat~on hereunder or of the obligation se-
~c-d hereby shalt at ani time thereafter be heid to be a wo~aer oi t!+e terms hereof or of the insrrument secured herby.
11. In atid.~~c:i r~ f:,~ forego n9 ino~th`y ::ayr.:-_nt5 of ;,r;.,c ;:a~ snd f~reresr req.:~~rd by rhe prom sscry noie secured hereby, mortgagor tovenants
~ a,rtes to pay ro murtyayee v..rh rach ~r.an~hiy pa;~,.em ar ;dd,•:onal sum ezr-uated bj niortgagee to be equal to 1~' 12 of the annual cost of The follow-
A-All rea~ ~.roperty taxes le•iir~ or ass~ssed ag.3i•~st the above desc~ib^d real esratr.
B-Frem:u~nz on f~.e and v~ir.dsec~~n irsu~o~~ce az nerein reGv,red to 6r car; ird c~~ the im;:rovements s~tuate on the above described premises.
C-Premiums on such mortg~ge g~ar~nty :csurer.ce as ~no~tgagee sha{i fron f;mc t~ t~me deem fit 1o carry on the loan secured hereby.
Mortgagee sha'.I ~rom t~•::e to ~~me ncr~fy mr.iqagur m writ!ng o` the a•-~o:,nt J~e and payable hereunder and zuch sum shall thereupon be due and
.,t.'e on the d~~e date oi rhe ~~cxt month:y payment ar,d eacn s~ccessive ~ o•ith thar>after ur.:it mertgagee shafl not~fy mo+tgago~ ot a change in wch
! ~~nt. Such sums sF.a~i be appiied by mortga3ee rc.•.ard the payment of rea~ pro~erty ta~es, insurance prem;ums, and mortgage gvaranty insurance
ums.
; IN 4'lI1NES5 :ti'HEREOF, tne sa~d MORTGAGOR has hereu~ro set his har.d and seal the day and year first aforesaid.
! S~gned, Sealed nd,cieliver d in the ~reser.ce of: / /
~ - f~~EC AH~ hEC~:RDEO ~2s.+~ect<<y1~2_.L~. Iv--~'"`tse
S1. LUCIE ~7UNYY flA. ~ e~)
~ - ~ Rp•;,~. ~"°•RAS ~t, Bronick ~•fa inowski ~~ai~
CIERF. ~ :UtT COURT ~ (Sesq
~ / °E~~°-- ~r' l, een Atalinowski
(Seal)
a oF F~oRioa
~ - - cAe~ 23 2 03 PN'75
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~ - ?~j
.•.rr oF S~_L.ucie - ~ a7~4 IS
~ Beiore me personaily appeared BYOi11C~C !•1a11T10WS1C1 and
Ell@@ll ~falinowski _ h~: wife, to me well known and known to me fo be
_:ncilviduals destribed in ar~d who execcted the foregoing instrument, and atknowledged belore me that they executed the same for the purposes
~•_•e~n expressed. And the sa~d_ Elle~n idalinowski
~ of the sa~d BZOt]1CIC ~falinowski upon a separate and privsts
- •~•=~:nat~on by n:e taken saparate and apart from her sa~d husband, ackr.owiedged to and before me that she exec~:ed said instrument freely and voluo-
~ i and w~thout any compu'sio~, constralnt, apprehenron, or fear of or from her said husband.
~ WITNESS my hand and offic~al seal th~s_-_.~~-_ day of ADrll q_ p, ~q 75
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_ ota.y Public in and for the Stat f Florida large
" My Commission expires: '
~ Return To:
/S er~-
~ F;;st federol Sarings d. loan Assoc;ot~on
O~ fort P.eree
Fort P~ercr, Hor~da
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This Instrument Prepared By '~Jilliam .7. Forbes 1 yl t~ ~
First Federal Savings 8~ Loan Association _
of Fort Pierce ~ Florida 33450 ~ ~ j ~
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~ Checked By L-- BOOK ~O PAGf ~~~t3 ` ' " :
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