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HomeMy WebLinkAbout0044 J. To piac~ and continuously ksep on tM buitdinp~ now o~ Mr~aft~? situ~N on taid land and on ~II puipm~~t ~nd pawnaily aownd by thi~ morlp~ p~, with dl pr~mivms thsreon paid in full, f~.e insuranc~ i~ tM u~wl iunds~d policy fwm, in • ~~m app~owd by th~ MORTGAGEE. and w~~tpm imwanc~ In tM uswl sfande.d pol~cy fam, in ~ sum ~pprovtd by ~M MORTGAGEE, le wcA company w~ni~s a tM MORiGAGEE may d1ncU and ~II fa~ u+d wiod~twm inw.~nc~ policie: on u~y of i~id bvildN+ps, any inNrh~ tM~~in o~ p~rt tMr~of, in tM pprp~~~ wm ~for~said a t In ~xcess tAer~of, sf~all contain tM uwal i~andard mortp~ ciws~ or such othK claus~ as tM MortppM may rpuir~. ~n+kinp 1M Iw~ w+JN u~d po1i~ `s cia. ~ach ~nd way. paYsbl~ ~o iaid MORiGAGEE +s iti iroerest may +pp~ar. u+d ~ach and •w.y ~~ch poacy •n.~~ b. won+P~b .ssq~.d +++d d.ti~~.ed ro any held by sa~d MORiGAGEE si further ~etvrity to iaid ma~yafle debt, snd, no~ leu ~M~ t~n (10) d+YS in ~dvanc~ 0/ tM ~xpkat~on of ~ach polity, 1o dr ~ livu to said INORTGAGEE • renewal the~eof, tope~hK wi?h a receipt fw the premium of iuch r~newal~ ar+d tMr~ ~hall b~ no fin a wind~~am Inswana ; plaad on any of iaid buildi~gs, any interesl tlxr~i~ or pa~l tF~ereo(, vnle~s io tM fam and with ~M loss payabl~ as ~fa~said; u~d in tM ~venl any wn+ ! of mwNy b~coms~ p+yabl~ ur~der ~uch policy a poliu~i s+id MORTGAGEE shall l+~w ~h~ option to ~ece7vs and apply 1M sarn~ on ~ccounl of tM iad~b~ed~ ~ nasf xcwed he~tby w to permit wid MORTGAGORS ~o receivs and u~ it w any pa~t thereof fw other purposas, without Iher~by waivinp or wnp~ir• I I inp ~ny puity, liM a right under w by virwe oi ihis mo:spap~; and i~ t1N ivanl sa~d M.7RTGAGORS ~hstl for sny raatan fsl! to kesp the said prsmisas w" ~ tru~red, or f~ll ro deliver promptly any of wid policies o( ir.su?snce to s~id MORTGAGEE. w fail promptly ro pay fvlly +~y pranium thertfot w M ~ny a~ r~sqtt fail to pKform, diuharge, exetuts, ~ffett, compkte, tomply with ~nd abide by this tovanant, w any p~H Mt~of, said lNORTGAGEE m~y pl~q •nd ~ pay fa tuch ieuvrae~cs or a~y part thereof without w+ivinp or affectinp any optioq, lien, pviry, a ripht ~~dK w by viAv~ of this Mortpap~, a~d tM . full amounl of each and every such payment ihall be immediately due ~nd pay~ble snd sMll bear int~rest f~om 1M dN~ thereof until p~id at th~ rat~ of nins pN tentum pe~ anrwm and toyether w~th such in+erest shall be secured by tM lien of Ihis matQap~. } 1. To wrmit, commit or suffer no waste, impaGment a deterioration ot said prop~rry a any pa~! thereof. t 5. To pay •11 and sinpula~ tM costs. charges ~nd exps~ses, includieg a re~wnabM ~ttom~y'~ fM snd cosb of +b~tntt~ oi Htk. M~cvrr~d w p~id N ~ any time by s~id MORTGAGEE, becauss a in ti~s event of tM failure on the part of th~ said MORiGAGOR w duly, pranptty u~d fully pMform, d~schar~ execvte, tNect, camplete, comply w~th and ab:de by esch and every the at~pulariw~s, ~qreenxnn, condi~io~u, and oovena~n of said promiuory rate u~d ~hu ~ mwt~ap~ ~ny w eitl+er. and uid cosb, cMr9e~ and expenses. each ar+d ~very, sFull be immediately dve Md paYablet wMther a not tha~ b~ ~orice d~ ; ma~d, anempt to colkct "cr wil pe~d~ng~ and the full amouM of each and every wch paymeM sha~l be+r lnterest from ths dat~ the?eof until paid at tFK rate of nin~ per centum per a~num; and all said costs, chsrqe~ and expenses i~cv~red w paid, toy~the? with suth MtKetf, sMU b~ aMered by 1M lan of fha mO~fpa~A• ' . i b. Th~t (s) In the event of any breach oi this 1Nortgsg~ or defautr on the part of the MORTGAGOR, w(b) in th~ went ~ny of s~id wms of nwn~y herein referred to be not prompdy and futly paid within thirty (30) days next aiter the same sever~lly becom~ dw and p+yable, withoul demsnd o~ notice, or (c) in tM event eacA and every ~he ~tipvlations, agreement~, cond~tions and covenants of sa~d promissory not~ aed this mort~~ ~ny a~itM+ ~re no1 iuly, promptly ~~d fully performed, d~xharged, executed, effected, compkted, complied with and ~bided by, then in athsr a arry/ wcF~ w~nt tM uid ag gregats wm mt~ta~ed in said promissory note then remaining unpaid. with interest accrued. and all moneys ietured herebY. th~ll betom0 dw ~nd pay- eble forthwith, w thereatter, at ihe opeion of :aid MORTGAGEE, as fully and completety as ii a~l of the wid sums of moe~y were o~pin~lly stip~lated to be paid on such day, anything in sa:d promissory ~ote or in this Mortgage to the contn?y norwithstandin9; and therwpon or ths?~aiter at fM option of said MORTGAGEE, without no+~ce a demand, s~it at law a in eqvity, thcrefore a thereaiter bcyun, m~y be prosatuted p it all moMys ~etured hareby had matured priot to its institution. 7. That in the event thal at the be9inning oi o~ at any time pending any suit upon this Mortgage,.or to fwetbit M, or fo refomt lt, q tO enfwC~ payment of any claims hereunder, said MORTGAGEE shall apply to the Covn having jurisd~ction thereof fp tl+e ~ppointment of ~ Retelva, wth Caxt shall Forthwith ~ppoint s receiver of said matoaged property all and singula?, includ,ng all and singula? the irxortN, ptofits, iuws and revenuss from whatwK sourte derived, each and every of which, it being expressty understood, is hereby mortgaged as if speci(itally set forth ~nd dewibed In the 9~antinp u~d habendum clavsei hereof, and such Receiver shall have all the broad and effeaive ~unaions and powers in anywise entrusted by a Co~rt fo ~ Receivm, ~nd such appointment shall be made by such Court as an admitted equity a~d a mattlr of absolute right to said N10RTGAGEE, snd withovt teferent~ to fM ` adequscy w inadequacy of the value of the property mo~tgaged or to the solvency or insolvency ot said MORiGAGOR or the defendanq, and thaf tuch ~ renrs, pro(iri, income, issues a~d revenues shall be applied by such Receiver accwd~ng to the lien or eqvity of said MORTGAGEE and the practip of such = Coutt. i - i 8. To duly, promptly and fvlly pe?fwm, d'ischarge, ezecute, effect, c«nplete, comply with snd abid~ by eacfi and every ths stipulations, sgreemenh, condiYam and covenants in sa~d promiuory note and this mortgage ut fwth. 9. Thst in ths evenl the ownership of the mortgaged premixs, or any part thereof, becomes vested in • person otha fhsn the MORTGAGOR, the h10RTGAGEE, its successors and auigns, may, withoW nonce to the MORTGAOR, deal with such succeua a successw in interest with reference to this mortgage and the debl hereby ucured in the same manrier as with RAortgagor without in any way vitiatiig w dischupiny the Mwt9apaa' liability IKrt under or upon the debt F~ereby secu.ed. No sale of the prem~~es hereby mwtgaged and no fwbeawnee on th~ part of tht MORTGAGEE or iri weceuws 4 or au~gns and no extension of the time for the payme~t of the debt hereby secured given by 1he MORTGAGEE o~ iri wttesfas or assi~ns, sMll operat~ ro rekase, d~scharge, modify change w afiect the orig~nal liab~l;~y of the MORTGAGOR hereln, either dn whol~ or in puf. 10. It ls specifically agreed that t~me is~ of the essence of this contract and that no waiwr of ~ny ob~igatan herew+der or of tl» oblipation aa cured hereby shall at any time ~hereafter be held to be a waiver of the terms hereof ot of fhe instrwnent secured F~erby. 11. In add~tion to the forego:ng monthly paym~nts of p:inc'pal and interest required by the promiuory nole secured hereby, mortgagor toven~nts and agrees to pay ~o mortgagee v~rith each month(y payr,,ent an add~rional sum est~mated by mortgagee to be equal to 1/12 of the annwl cost of ihe fdlow- ing: A-All real property taxes lev~ed or assessed agai~st the above described real esWte. 8-Premiums on fire and windsto~m insurance as here~n requ~red to be carricd on the improvemtntt situafe On the above desvibed premises. C-Premiums on s~ch mortgage guaranty insurar.ce as mortgagee sFwll from time to time deem fit to tarry on th! loan setwed hereby. Mwtgsgee shall from fime to time notify mortgagor in writing of the amount due and payable hereundrr ~nd such wm shall theret?pon be due a~d Fayable on the due date of the next month:y paymc5~t and each successive month thereafter ur.til mortgagee shall notify mortgagor of s change in such ~ amount. $uch svms sF.all be apptied by mortgagee toward the psyment of real property taxes, ins~rante prem:ums, and mortgaQe guaranty i~surante premiums. IN WITNESS WHEREOf, the said MOR7Gl.GOR has hereunto ut his hend and seal the day and y first • id. } ~ Sgned, Seakd and detivered in the presence of: ' ~ ` ~ 2 _ tan , ikorski . ( ~ i ~ f~2.a.~a.+~-c~ ~ i i ~ aroly Sikorski ~,n ~ l% STATE OF FLORIDA 1 ~ COUNTY OF St . L.UC le ; SS. ~ Befort me personally appeared Stanley J. Sikorski a~ ~ Carolvn Sikorski his wife, to me well known snd known to me to b~ s rhe individwls described in and who executed the foregang instrument, and ackrawledged before me that thsy executed ihe same for the purposa rherei~ e:Pr~ed. a.~d ,a~d Carolyn Sikorski W~r~ or ~,~d Stanlev J. Sikorski , vpon • separate u+d privat~ e:aminatwn by me tsken separate and apart frorr. her aaid husband, ackrwwtedged to snd before me thst she execvted said instrument freely ~nd vd~m- rarily and witFaut any compuision, constraint, apprehension, or fear of w from her said huibsnd. ~ ~ WITNESS my hand and official seal Ihis 21St dsy of A D. 19 ?S ~ Notsry Vublic nd or th~ Staf~ of Florida at Lu~ ~ My Commissio~ ~xpires: Retvrn To: ' Fint Fedrnt Savirgs b toan Associat~on rlaTary Pvb~i6 S~te °f ~O~O °t 9n ~ Of Fort P~erce. FtLEO Ay~ FECOROEO ' ~~+Y Commission E%:D~~K JVR~ ~ fort P~erce, Ftwida sT.IUC~E COUNtY FLA. 8:="~d ~Y ~^'~fiCA~ F~~ ~ CO~VD~h G~ = RO~EF POITRAS , . ~ CIERK Ci?:CUIT COURT V ~ ^ECO~~' YER~=~ED J "r~ ~ ' .;:ti,.: ~ This Inst~ument Prepared By Ga ry F . E l lwp~ d ~ ~ • ' ~ ~ ~ ' ~ . ~ 3 2~ PM 75 s:y: First Federal Savings & Loan Association H{~i ZZ ~ - ~ of Forf Pierce, F lor ida ~ - :~,ti f ~ Checked By 315389 Y U Q : ~;f ~ . ~ % ~ . ; ~ cz ' ?.i~;~ ~ ~ •.;~.~ti• ~ tl R i AJiL ~S ti. iw: ' ' ' ' ` s 600K ~ . ~ ' ( ' S ~l - - - - - - - _ _ - - 3~. = - x'`?