HomeMy WebLinkAbout0060 3. io alace and conGnuously keep on the twl:dingi now a hereafte~ s~~ua~e on io~d iand and on elt eq~ip~~er» and E:ei~onally coverrd b~ this mO~tg•
ege, wi~h sll premium~ thetcon pe~d in iull, fne ins~ra~xe ~n the vsual s~andard puhcy furm, in a wm a~.provtd by tha MOR~u:.viF, o~~d w~~~Js~orm
~nsur~nc~ in tM usual standard pot~cy (am, in e suin approved by the MORiGAGEE, in such company a compan~ea as tht M02iGAGEE may
cfreU; •nd all fir~ ~nd wind~torm inwr~nca poiiue~ oo ~ny oi fa~d 1wi~d~nys, any interet~ Iherein or ps~l IF:_:::-`; i.'t the egy.eg+ta sum aforesaid ot _
in eacess Ihereoi, ~hall conlai~ the u~wl s~andard malgaguu cfaute or s~ch othar ~laus• aa the Mat9agee may rrqu~re, maMinp ths ioss u~~Jrr s..~J poli-
c~es, each and every, payabte to said A}ORTGAGEE a~ ~b intrrrs~ may appear, end ea:n and e+ery svch pot~cy sha~l be prom.ptly aas gnrd ard de:~ve~rd ~o
any held by ssid MORiGAGEE ss fu~the? ~ecurity to said mwtyage debt, and, no1 les~ than ten (10) d~ys in ad+a~uo oF ~he e=pira+~on of each pW~cy, ~o de-
I~ver fo said MORTGAGEE a renewal thereof, togethsr with a receipt for the premium of auch renewal; and theie shstl be no f~re o+ w~ndstorm i~~iur~nce
pleced on any oi w+d bv~Id~++qa, •ny imeres~ Ihe~eio w pa~l thareof, unless in the form and w~~h fhe loss payaLle a~ aforesa~d; and in ~ne evem any sum
or mon~y bccane~ payable ~nder such poliq w poGues ~aid MORTGAGEE shall havn ~he opt.on to raceiva and apply the oame on account o( thQ inJetted-
nrss sewred hereby or to permit ;a~d MORTGAGORS to rece~ve and use i1 or any par~ the~eof fcr oti~rr puri cses, v.:~ho~t th,~~ f,t~:v~ ~3 or ;,,;i*• .
ing a~y equity, lien or right u~der or by virtue of thi~ mo::gage; end in the event said h10RTGAGORS shall fw any reason fail to keep tFie sald prem~s~~s so _
~nsured, or (ail to deGver promptly any of said poliues oi insura~te to said MOR~GAGEE, or fail prumptty to pay fully any prem~um thercfw or in a~y
respect fail to per}orm, distharge, exrcute, e(fect, complete, comply with and abide by this tovenant, or any part hcreof, said MOR~GAGEE ~f~ay psscr a.~d
pay for such ins~~ante or any part the~eof without waiving w af(ec?ing sny option, lien, equ~ty, or ?i~ht unde~ w by virtue o~ this hlortgage, and the -
f~!t amoun~ of each and every such payment shalt Qe immediately d~~e and payab~e and shall beer infereat from ~he date thereof umil pa~d a~ the ~a~e ot
.~a per centum per annum and to~ether with wch i~tPrest shail be securrd by the lien of th+s matgage.
1. To pumit, commit w suHer no waste, impairment or deterio~ation of said property or sny part fhereof.
5. To pay all and tingula the costs, charges artd ea~tea, ~ncludinp a reosonabk attorney's fee and custi of abstrads of t~tle, incurre~! or paid at
j~y time by said MORIGAGEE, because w in the event of the failure an the part of th.~id MORTGAGOR to du~y, prompNy and fu:ly ix•form, d~uhjrge.
:xecute, effect, comp:ete, comply wi~h a~d ab:de by each and eve?y the slipu~at~ons, agreements, conditions, and covenants of said p~o~nissory note and ~his
,~rrgage any or ei~her, and sa~d costs, tharges and expenses. each end every, shall be im.~nedialely due and paysbte; whether or not Mere br notice d~
,~and, tnempt to collect or su~t pcnd~ng; and ~he fvll amovo~ of each and avery such paymem ahaH brar inrerest from ~he date thereot unN1 r„id at the
•r of nir.e per censum E~r annum; a~~u aii s~:d costs, chargea ard exc;ai:ssa incwred or pa~d, toyether w~th such i~tErest, thall be secured by the I~en of th~s
morrgsye.
6. That (al in the event of any 6reach of this Mortgsge or deiautr on sFK part of rhe MORiGAGOR, w{b) in the event any of sald sumt of money
hrreio referred to bs not p~omptly artd fulfy paid wi~hin Ih~rty (3G) days ncxt ahar ~he seme sereratfy become due end payable, withoui demand or aotice,
or ~c) in the event each and every Ihe atipulat~ons, agreemsnts. cond~tiona and covenants of sa,d promiswry not• and th~s mortgage a~y w either are nol
f.~!y, prOmptly and fully perfo~med, ds.hargrd, eaecuted, effec!ed, compteted, comp::ed ~ti~th ar:d at~ded ':y, then in e~~her or any such evenl the sa~d ag
y:cgate sum mentioned in said promiasory nofe then rema~ning unpeed, with interosr acc:.,ed, and ail moneys seturrd hereby, shall become due and pay-
A:; e forthwitA, o~ therealter, at the op~~on of sa~d MORTGAGEE, as fuily arid tomp:etety as if a~l of the taid s~ms o4 money were or~g~nally st~pulated
+o be pa~d on such day, a~ything in sa:d prom~ssory ~otr or in this h5ortgage to tne contrary nor„v~thsrandu~g; and ?hereupon w therea+~e~ at the opt~on of
s~ :f MOitiGAGfE, w~~houl notke or demand, s~~t at taw w in equ~ty, therefore w ~hereaf~er brgun, may be prosecuted as if all moneys sec~red hereby
r,~ matured pnor to As institution.
7. That in the event rhat at the beg:nn;ng of o~ at any time pending a~y w~t upon this ~Aortqage, or to ioreclose it, or to cefo~m it, or fo enforce
nent of any ciaims hereunder, said rAORTvAGct sha~~ ~ppl~ t~ the Cou.~ F.av~ng ~t,tl~d ttwn thereof for the apµo~ntment of a Rece~ver, wch Coort ahail
:~~b,virh appo~m a receiver ui sa~d mo:tgaged propr.ty all ar.d s~ngufer, inciucl.ng ai: a~~d Sin~uiJr ~he income, pro(~ts, issues ard reven~es fiem whefever
s_~ce derived, each and every oF wn:ch, It being expressiy urde~scuxi, ~s ~.ereby mortgaged as it spec~fically set ferth and descri~d in the 9rannng a~d
t,.~!:endum dauses ha~rof, an~ s~ch Recewer shah have alt the brcad a~,d efiecr.ve tunc+.on: and po.vers in anyw~se e+~;:~sted by a Court to a Receiver, a~d
s_~h appointmcnt shall be made by such Court af an ad-r,I~fed eq~iry and a rratter uf a6so:~te right to said NORTGAGEE, and withaut reference ta the
~~~-~a.,ecy o. inadequaty of the value of ~he ~roperty mortgaged or to the sor:ency or insoivency of said MORTGAGOR or the defendants, and rhot such
;~~•s, proflts, income, issves and revenues s~atl be app:ied by such Rece~ver accord.rg ta rhe tien or equity of said MORTGAGEE and the practice of s~ch
LJUf1.
8_ To duly, p.omptly and Iully F~rform, d~scharge, execure, eife:t, complete, co~:pfy w:th and abide by each and every the stipu'ations, agreements,
,:::,~i~r~ons and covenann m sa~d promiuory note ar.d th~s morrgaye sef fo~th.
9. That in the event rhe ownership of the mortgaged premises, or any part thercof, 6ecome~ vested in a person other than the MORTGAGOR, the
:~RTGAGEE. i~s wccessws and ass~~ns, may, w:~houf nef:ce !o the ~YOR?GAOB. deai w~rn s~ch successor w nucce:sor ~n inreresr vnfh reference to th~s
~~gage and the drbt t:e~rby aecured in the same manncr as +n•~rh l.torrg;go• N'd~10U~ in any way vitiating or d~scharging the !1lorrgagori tisbiGty herr
_-:ie~ or upon the debt hereby se:.~red. No sa:e of the prem'ses h_rebi mortgaged a^d no fo~bearor,ce on the part of the thORTGAGEE a its successors
•~sslg.,s and no e,.fers~on of thr time for the paymenr of the deb~ he•eoi secured g~vzn by the ..'.v2TGAGEE or its successws or ass:gns, aliall operate
~o re~ease, d~scharqe, mod~fy change or affect ~he o~~g~na: iizu.~,ty of the N:JRTGAGOR herein, either in whole or in part. .
I~J. h is spcof~c~aly ag-eed that t(~ne ia of the essence oE th~s cor:tract and that no waiver of a~y ob!~gat~on hereunder w of the obligation sr
c_•~d hereby s!~a!, at an~ tin~e ihereafter be held to be a wet+er of the terms hereof or of the ins'rumeM tecured herby.
i l. ln add:r~cn so t~e fcrego n3 rr,onth:y parmrms o4 pri~, p~l and i~t^rest r?qwred b~ the Rrom~ssory no~e secured hereb~, mortgage~ tovenan~s
~ d agrees to pay to mo-~ga3ee v~~rh each n~errh ~ pay:ne~~t an dU•l f101:~: SJT eat.~~ared by mortgagee to be eqe,at ro 1/ 12 of tne anr,ual cost of the follow-
A-A~i rcal propert~ taars ievied er a:sessed ag~i~'3:, th.~ a~ove ciesc•~^ed rea~ es'aTe.
~ 6-Premiu~ns on f~re and winds?orm ~~sura=ce as t:e:e~n reqv~.red to be ra-~~ed e~ the lmFroveme:.~, ~~ivate on the above d=scribed premises.
C-Prem•Pums or± svch mort~,ge guar3r.ty ~r.surance as mortgagee shali fre~r rme ro time deem fit to carry on the loan secured hereby.
:rortgagee s~~a'; !rom s~me to t~me no~~4f ~:or+gagor ~n ,~vr~emg of the a•-.o~~t due and payable herrunder and such sum shall thereunon be d~e and
:t,'e on thr due aate of rh> nexr .no~~hty pavment and eacF. wccess~ve rrontfi therraite~ ur:tit mortgaqee shalt notrfy mo~tgagor of a change in such
ovnt. Such sums sha~i ix appi~ed by mortgagee toward :he payment of real property taaes, insurance prem;ums, a~~d mortgage guaranty insurance
. .;~mi.
; IN \'~ITNESS ?rHEREOf, tne sa:d 1dORiGAGCR has hereunto set h+s h~nd and seat the day and year first eforesaid.
~ Signed, Scaled and delivered in the presence of:
~ ~rLY.t.[1 - - = t:L it?EO ~ ~ rtjR-
I - r fti~'sC A~ _ ' - ~ t' ~ ~ (Seaq
` St.~U~I~ CC..~7\ fLA p ul~ J• SrCOda % (Seaq
~ ,L~-LO-t,.i lj . - - nG G i ~ ~ ~ f,l. S '
C,'.:L•~' CJUR • ~ (Seaq
~ ~~'f ^ • ~ ' elen M. Skoda
e - • ~ ~ - (Sea~)
F
'~;E OF fIORiDA ~ ~ ~n 1 e~~
° St. Lucie v ~ ~a"~~19
~ .;:.r~~Y OF - ~
~ Paul J Skoda
= Before me perso~aliy appeared _ • end
~ Helen ~'1. $~O~d his wi~e, to me wetl kna.vn a~d known to me to be
~ e individuals descr,bed in snd wRo executed Ihe foreqoing instrument, and acieaow:edgrd before me that they executed the same for the purposes
= Helen M Skoda
r4=rr~n expresud. And the s~id •
~ .-~~c of ~hs sa~d pa111 .1• Skoda upon • sepsrate and p?ivat~
~ c..:~.::nar~on t~ me taken separate and apart from her said h~sband, acknowledged to and before me that she executed said instrument freely and volurr
~ y ard w~thcut any comp~lsion, constraint, appreherisG:on, or fear of or from her said husband_
~ WITtJE55 my F.and and of(iuaf seal th~s__%2
a.~ _ da~ of_, APrll A. D 19 75
~
i - - - ~
Notary Pubtic in and for the St e f Floride ~t Larye
- • My Comm~ssion expires: • ,
§ Retum To: -
= F~rst Federaf Sa+ings 3 loan Asso:~at:on
= Of Fort P c:c~. ~A~ s~
~ fort P~erce, Fiorid~ ~r Comml~si ~~a1
. ~Onded b q~ ~np"" Otr, t~
. Y fir ~ 1
~ . y ~ Q ~O/y~~ .
~ ~ ' ' , , " , -~O/, ' '
This Instrument Pre,~ared By Will ias .F• FoXt~l29 ~ ~ - _ ' - ~ ~
~ First Federal Savings 8~ loan Association , r., - ~
of Fort Pierce~ Flor ida 33450 - ~ ~ ' . '
~ . , ~ _
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~ Checked By - ~ ~ . ~
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~ 804K~9 PAGE ~ ~ . . . 'r . I. .
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