HomeMy WebLinkAbout0062 To p!ace and ~on~~nuously keep on ~he bu;'d~n~i now o~ hr~eaiir~ ~~~vate on aa~d land and on all ~qu~y:~~rnl and {xrsonally cov~~ed by th;s mor~q~
sgs, with aii p~em~~ms thr~eon pa~d in iull, fi~e iri~iente ~n Ihe usual s~a~Kferd poiity fOrm, in s wm aHprovrd by the MVk~I`~:.vtC. and winJito~m
fn~~rance in the usual s~~ndard poi~cy form, in a s~~n approwed by ~he MORTGAGEE, in iuch company or compan~es as ~hv ~rORTGAGEE may
direct; a~d all (ire and w~oda~orm inswance polic~~s on any o( said build~nys, aoy intereit liwre~n or pa~1 thrreof, in Ihe aggreqare svm aforesa~d or
in sYCess Ihereof, shall comain ~he usuat sfandard mortyagee dauie or such o~her claoss as the Mo~Igagae may reQu~ro, maA~ng thtl :oss un:lrr sa~d poli-
cias, each and every, payab!e to said AIJRTGAGEE as ~n inrerest may appea~, ar,d each and every such poi~cy shail be promp~ty ass g~~ed and del~vc~ed ~o
•ny held 6y said MORfGAGEE as iurther security to sa~d mor~gage debt, and, no~ less Ihan ten (101 daya en ad~ance o1 the expirat~on of each ~oi~cy, 1o da-
liver to uid MORTGAGEE a renewal thereof, together with a rrceipt fa the premium oi such ronewal; and ~hero shsit be rw i:re cr wlndstor~n insurance
placed on any of sa~d bui!dings, any inte~esl lhere~n w part ?hereol, unless in the for~n and with the loss paya~!e as atoresaid; and in the event any sum
of money becomes payabte ~ndcr iuch poiicy or poGcies said MORTGAGEE si~all have the opnon to rec~we and appty ~he sa~ne on accoum o( ~he i~~debtrd-
ness secu?ed hereby w ro permi~ said MORTGAGORS to receive and use it p any na~l thr:eof for otnc~, purF os~~s, +vnn~„t ~h u~ w_~.i i~ o~ ~:::p~r•
ing any equ~ty, I~en or ~ight under w by virtue of this mo:rgaga; and in ~he event ~a~d MORTGAGORS ~hall for a~y ieason fait to kecp ~I~e sa~d pre~n~s~~s so ,
insured, or (ail to deliver p~omptly any of ~aid poGcies of inaurance to sa~d MORTGAGEE, or (aif promNtly to pay fu~ly any premivm the~eior or in any
respect fai! to perform, d~scha~ge, execute, effecl, cornplete, co~nply with and abide by" this covenant, a any part hrreoi, said MCiRTGAGEE may place a~~d ~
pay tor such insurence or any part thereot witAoul waiving ot affecti~g any option, lien, equiry, or rigAi under p by virrue of lhis Morfgage, and the f,
full amaunt oi each and every such payment shall be im~nediately due and payable and shall hear interesl from tha date ~hereof until paid a~ the rate ol
~~~x per ce~fum per arnum and io~r~h~•r with such inferes~ shall be srcured by the tien of this mortgage.
1. To permit, commit w suffer no waste, impairment w deterioration oi said property or any part thereof.
5. To pay all and s~ngular the costs, chargcs and eapenses. ~nduding a reasonable anorney's fee and costs of atstrads of t~tle, incurred or pa~d a?
any time by said MORiGAGEE, because or in the eveM of the (ailwe on the part oF Ihe said MORTGAGOR to duty, promp~ly and futly pa~form, d~scharge.
exec~te, eifect, comp:ete, comply wnh and ab.de by each a~d every ~he sup~Iauons, ayr~emems, tondit~ons, and covenants o~ sa~d pro~nissory note and ~his
mongage any or either, and sa~d costs, charges and expenses, each and every, shafl be immediately due and payabte; whether w not there be not~ce da
mand, attempt to collect a svit pend~ng; and the full amount of each and eve.y such paymcro shall bea. i~teres~ from fhe da~e thereof until paid at tl~e
r.~te oi rzine per canrum per annu:n; and all aaid cus~s, charges and eaprnaes ~ncurred w paid, together w~th such intereat, shall be s~ured by the i~en of th~~ .
mpttg~e.
b. That (a) in the event of any breach of this Mo~tgage or de(auft on the part of the MORTGAGpR, or (b) in the event any of sa:d sums of money
herein referred to be not promptly and fully paid with~n thuty (301 days ne,et a?trr the same severatly beco,ne due end payable, withou~ dema~d or notice,
or ~c) in the event each and every ~he slipu~ations, agrrements, cond~tions anr! covenants of sa,d prom~ssory note and th~s mortgage any or either are not
iuly, promptly a~d luily perforrned, d,scharged. executed, effected, compieted, coroplied with and ab~ded Sy, then in e~ther w any such event ~he se~d ag
~regate sum ment~ned in said promissay rwte then ~emaining unpaid, with interest acuued, and ail moneys secured hereby, shalt ber.ome due and pay-
eb:e torthwith, or thereafter, at the option of said MORTGAGEE, as (uily and compltte~y as if a~l of tF~r eaid s~ms oi money v~ere or~ginally st~pulated
ro be pa~d on such day, anything in sa:d proenissory note w in this Mortgage to ~Fr~ contrary norwiihstanding; and thereupan or thereaher at the op~ron of
s~~d MORTGAGEE, without not~ce or demand, suit at law or in equrty, therefore or thereafter begun, may be prosecuted as if all moneys secured hereby
n~d matured pnw to its instit~tion_
7. That in the event thaf at the beginning of or at any t~me pending any su~t upo~ ~nis Mortgage, or to foreclou it, or to reform it. or to enforce
paymenl of any c!aims hereunder, said 1dORTGAGEE shall a~ply to tl+e Co~rt having ;unsd~cnon thercrof for the appo~mment of a Rece~ver, such Cuur? ;hall
Furthwith appoint a receiver ot said mo~tgaged property al! and singu~e:, inc7ud.ng aif a~d s ngular the irtcon~e, prof~ts, isaues and revanues fron: whatever
source derived. each and every oi wh~ch, 1t being ex~ress!y understood, n hereby mongag~d as if spec~fically set fortb and desuibed in the grannng and
habendum deuses hereoF, and such Receiver shall have aH the broad and effect,ve f~nct.ons and powers in anyw~se emrusted,by a Court to a Rece~ver, a;:d
s..ch appo~ntmenf shall be made by s~Yh Court as an admittcd equity and a matrer of absotute right to sa~d MORTGAGEE, and w~thout reference to the
adeq~acy or inadequacy of the value of the property mwtgaged or to the so~vency or ~nsoiver+cy o1 sa~d MORiGAGOR or the defendants, and that s~ch
renrs, profits, income, issues a~d revenues shalf be appl~ed by such Receiver accord~ng to the iFe~ oc equity o1 said MORTGAvEE an~ the p~achce of such
Court.
S. To du:y, promplly and fully perform, discharge, execute, effect, complete, compty wi~h and abide by each and every the stipulations, agreements,
:onditions and covenants in sa~d promissory note and th~s mortgage set fortn.
9. That in the event the ownership of the mortgaged premises, or any part thereol, 6ecomes vested in a person other than the MORTGAGOR, the
r:.ORTGAGEE, its successors and assigns, may, witho~t notice to the MORTGAOR, deal w~th svch successw w successor in interest with reference to th~s
n:ortgage and the debt hereby secured in the same ma~ner as wnh Mortgagor w~thout in any way vitiating or d~uharg~ng the Mcrtgagors' tiab~lity h¢re-
c,nder or upon the debt hereby secured. No sale of tF~e Fremises hereby mongaged and no forbearance on the part oi the IAORTGAGEE or its successors
or assig~s and no extens~on of the time ior the payment of the debt hereby secured given by the FAORTGAGEE or its svccessors or ass gns, a1~a~! operate
~c release, d~xharge, modify charege or affect the orig~nal liabli~~y of the MORTGAGOR herein, either in whofe o? in part.
10. It is spec~f~cally agreed that ti~ne is of the essence of this contract and that na waive? oi any obligat~on hereunder w of the ob:igation se-
cvred F~ereby shali at any time thereafter be held to be a waiver of the terms hereof w of the instrument secured herby.
11_ In add.tlo~ +o the forego'nq monthfy paym~nts oi princ paI and imerest required by the p~om;ssory nore sewred hereb~, mortgagor covenants
and ag~ees to pay to mo-tgagee ~n~th each mon~hiy pay~~:ent an add~~+onal s~m esr~mared by mortgagee to be eq~ai to 1;'12 of th~ ann~al cost of the foliow-
~ng:
A-All real prope.ty taxes lev~ad or assessed cg ~i•ts! thc aFove described real estate.
B-Pre.r~ums on fire and windsro.m insvrerce as here~n requ:r~d to be carried on the improvements situate on thc abave dssc.~bed premises.
C-Prea~~ums on such mortg;ge guarar.ty ir.sura~~ce as mortgagee shpil from t me to ~~me dcem fit to carry on the loan secured hereby.
Mortgagee shail f~cm t~me to time notify mortgagor ~n writ~ng of ehe amount due and p~yable hereunder and such surn shall thereupon be due and
c r;able on the d~e date of the nert mo~th'.y paymem and each successive mo~th thereah~~ ontil mortgagee shal! notify morlgagor of a change in such
e~^ount. Such sums sFa:l be applied by mo~tgagee toward the payment of real prope~ty ta:es, insurante p~em:ums, and morigage guareMy insurance
c%•emiums.
IN ~JITNESS WHER~OF, the said ARORTGAGOR has hereu~to set his hand and seal the day and y ~lirst aF id ~
; Signed, Sea ed and deiivered,ln th2~resence of: ~
~ flLEC ANC~ ?~CCROED / ti~L~
~ ST UCiC Gu:;NTY FLA. Thomas . Beranek ~a~~
{ - . ~iOSi:i: ?~I i kR$ ~ ~ fSea1)
CLEaM. ~."~U17 COURT(~ ~ , ~ .~,~~S~al)
j _--~.1z«.~ : • ~~.~K/,l ` _ RE~C=.:: ~ =:=f Grace A. Beranek
~ (Sea1)
~ STATE OF FLORIDA ~ APR ~O ~ ZS 1 M~~J
~ cour~nr oF St . Luc ie ~ 3~~~
~ Before me personally appeared _ Tt10t0.aS ,J. fteranek and
~ _ CirBCQ Reranek his wife, to me well known and known to me to be
~ the individuals described in and who executed the fw oing instrument, and acknowledged before me that they executed the same fw the purposes
~ therein expressed. And the said_ ~race Reranek
~ ++1fe of the said Thomas Seranek , upon a separate and privatQ
~ -
e.am~nation by me taken sepa~ate and apart from her said husband, ack~owledged to and btfore me that she executed said instrument ireely and volun-
~ ~a•~iy and without any compu~s~on, constraent, apprehens~on, w fear of or from her said husband.
~ WITNESS my hand and offiual seal this_- 28th day of Anr i 1 1 , A_ D. 19~~
,
:
'i - \ ; : ~ `~'.c i ,
Notary Public in ~Io~ the State of fbrida at large
' Retum To: My Commission pires: ct
7 Fint Federal Savings a Loan Associat~on No!ory fv'.'~-; _
. ..tiy C ' i - . • :
' Of Fort P.~:ce. Bo~~1r.i :.l i,...,.:..:n C::. ~_o. ~
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r fort P~erce. Fiorida
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~ This Insfrument Prepared By C:;? ry T, E l lwoorl
x First Federal Savings & Loan Association . , . - ~
~ of Fort Pierce ~ Floricja = : -
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~ Checked By 0 R r~~ ~ . ~ ` ~ :
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800K ~.~Jc7 ~Gf .
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