The URL can be used to link to this page

Home My WebLink About0477 f 3. To ptace and cominuously keep on the bv~'d+~~gs now o~ heroa(~er ~liua~r o~• ia~d land arx! on elI eq~.~N~~~ero ~nd p~r~w,~lly co~e~sd by thia morty- p~, w~th •il premiums ~herron ~w d~n full, (ire iniu~~nce in tM uswl fta~r_lard po~i,:y form, in a sum approvrd by the MOR~GAGEE, a~~d windstorm in~wante in IM viual •tandard po!~ty (orm, in • w~n sppro~ed by th± MORiGAt'iEE, in such comp~ny o? compan+e~ ai tM MORfGAGEE may direct; and all fire and w~nda~orm ir.suranc~ po!iusf on a~y o~ ~a~d buifd~ng~, any inie~es~ ~here,n or p.r~ fhc.eol, i~ tM 'rflgrcp~te ~um ~fwessid w in txtrfi thereof, fhati conaain the usual ~tuxls~d nwrlyay~ie tlaus~ or sucF o~her tta~t~ ati the Mortgayee may ~equir~, mskinp 11» Ioss uncls~ ts~d poli~ cie~, each ertd every, pat•abie ro ia~d MORTGAGEE ai i~s imere~~ may ~ppwr, end cacF~ and e~ery s~xh pct~:y shall be pranptly ass.qned snd deliver~d ~o ~ny Fwld by ssid MORTGAGEE ~s further srcu?+ty to a~id mortpao~ dtbt, and, nat leu ~han ten (10) days in advance of the expiration of eath polity, to dF liwr to ~aid h10RTGAGEE a renewal the~eot, toqeth~~ with • ~ece+p? fa Ihs premivm oi such rooe~.al; and ~hers shail b~ no i~re or windsto~m insuranc~ plat~d o~ sny of faid buildings, •ny int~rest lhaein or part tl+sr~of, unleea in tFk (oim and w~th 11u losf payabte ss aForstaid; sr.d in the ev~nt any su~n of money becomes payab!e ~nder such poGq or pol~c~es sa~d MQRTGAGEE shall have ~he opt~on to recrive and epply ths s~nm on accoum o( the indebted- t1~};,x~ur d F~ereby w to pcrmir ~e~d MORTGAGC~RS to reutive and use it a any pnr~ thc:eoi ta osi~~•r ~;u~F•oses, witlw~t th>~ro/ waiv~.~g cr ~mpair- inq any Qqv~ty. Gen or rigFif under a~by vtttue of f11h rtrorfp~ye: ~nd iw-~?~.fwnt sMd MORI('sAGOYS~hill {or anv reaso~fail to keTp the iaid p~emise~ ao iru~rtd, or Fail to delrver prompdy •ny of said polrcies Of i~wranca to sa~d MORTGAGEE, w fail promptiy to pay fully a~y prenu~m tlx~aiw o~ Tfi 7ny"`- r~ipsct fail Ip p~rform, dbcharge, •Yeccte, ~f(ect, comple~a, tomply wi~h •nd abid~ by this tovenant, w~ny part Mreof, s+id MORTGAGEE may plats •n0 paY for ~uch insurance u•ny part the~oaf w;ihou? waivir.p or affectinq any opt~on. I~en, e:qu~~y, or riflh~ ur.der or by virtw of this Mw~9ape. ~nd tM full ampunl of ~ach and eve~y such paymem shslt be immediataly due aod payable •nd :hell bear ioterrst f~an the data Ihereof until psid at tM nt~ ol nine per tentum per annum and tG~r~hrr with such ~r.ie~ou shali be secured by the lien ot th~s monyage. 1. To permil, cammit w s.:ffe~ no waste, im~xairment w Jeterioration of ~aid property or any part thertof. S. To pay all and sirtgul~r the costa, cha~ges and expenses, inciudirg ~ reasonable ano~ney't fee and costs of abstrads of title, incurred or p~id ~t •ny time by said MORTGAGfE, because o? in the event of ihe (a~iura on the part of the said MORiGAGpR to duly, promptly and fully psrfwm, diKharg~ execute, e(fed, to~nplete, compty w~th and ab~de by each a.~u every fhe stipulatwn~, egreements, condition~, and mvenan~s of ~sid promissory note and this mortgtye any ot e~the~, and ~aid costs, charges and expenses, each and every, fhalt be immed~ate~y d~e and payabte; wherher or not then be ~otice da mand, attcmpt to coliecl or suit pend~ng; and the f~ll amounl of each and swery su<h paymrm ~hali boar i~ierest from Ihe date the~eo) until paid at the rate of nine ~xr cansum Nrr annu:n; a~~d ali said cosra, chargrs and cxpenies incvned or paid, toyether w~th wth in~e~est, shall be secured by the lien of thi~ mor~yays. ~ 6. Tfist (a) in the event uf any b~each of this Mcrtg~ge or defautt on the part of the A~ORTGAGOR, w(b) in the event sny of satd sums of money herein referred to be not pranptiy and fuify paid wrthm thufy (301 days ne,ef ai~er ~he ~ame severa~ly become due and payable, witlwut demand w nmics, or (c) in the event each and every tix atipvla~~ons, agreements, cond,tions a~d cover.ants of sa:'d promiaw~y note and tn~• mortgaye any or either a~e nol ~uty, prompdy anJ fully pe~formed, d.scharged, e,czcuted, effected, canpteted, compl~ed w~~h and abided Sy, lhen in e~lher eK any suth eveM tht said a~ prcgata sum mentioned in said p~omissory note then re.r:a~ning vnpaid, wilh interest accrued, and aIl moneys ucvred heraby, ~hall become due +nd pay- able forthwith, or thereafter, at the option cf said MORtGAGfE, as f~lty ar.d comple~ely as ii a~l of the sa~d wms of money were orginally s~lpul~tcd fo be pa~d on svch day, anything in sa:d pro+nisiory note or in this Mortgage to the con~rary not,niths~and~ng; a~+d eherevpan w thereaite* a1 the option of said MORiGAGEc, without rot~ce w dnmartd, suil at ~ar or in equity, the~efore or thereaf~er begun, may be prosecuted as if all moneys secut~d hereby had matured pnw to as institueort. 7. That in fhe cvent that at the beginning of or st any time pending any su+t upon this /1!or:gage, w to fpedcx it, or to retorm if, er to enfwce payment af a~y claims l+ereundar, uid MORTGAGEE shalt apply to the Court havir.g ~ur~sd~c~~or: ~F:c~eol fov the ap~wlntment of a Receiver, svch Court sh~ll Fo~Mwith appoir.t e mtivu of said mortgsged ~soFc:Ty a:! a:.d :i:~~lar, ia::ud.ng a;! a:,d ;;~gu~ar ~he Inccn.e. p~.7f.ts, issues and ~ere~wes (ran whalever wurce derived, each ar~d every of wh~cn, it being eapressly ~nde~srood, is hereby mongaged as if sper.iically set fo+th and desuib~d in the praNiny ~nd hab~ndum clauses hereof, and s~ch Recei~er shati have all th~ b~wci and efFec~;ve funcc.ons and po~ers in anyw~se entrusted by a Cou~rt to a Receiver, ~nd wch appointment shall be mrde by such Court as an ad~nitted equ~~y and a matter of ab:oivte nght to sa~d MORTGAGEE, and without reference to the edrquacy w inadequacy o( the value of the prop¢rty mortgagad or ro ehe so:~encr or ~nso••.ency of sa~d MORTGAGOR or the defendants, and thal such rems. proFits, income, iuuas end reven~es shai( bm appi~ed by auch Receiver accord~ng to ~he lien or equity of said hRORTGAGEE and the pradice of such Courf. 8. To d.r'y, pranptly and fulir- perform, d~scha~ga execu~e, e(Eect, comptete, tornply with and abide by each snd every the stipulations, agreements, conditioru and covenams ~n sa~d promifsory ~ojF and 1h~s mort9a~t set forrh. 9. That in the evenf the owr.trship of the ~nortyaged pren.:;es, or any part ~},2.eef, becomes vested in a person other than the IAORTG/1GOR, the ~ MARTGAGEE, its successcrs and ass~s, ,nay, witho~~ no~ice to tM MORTGAqR, deal with such successor u successor in interest with refere~ce lo this morfgage-and the debt hereby secured in the aame n:anner as vvith IAatgagor without in any way vit~ating or discharging the Mortgagori liability hert ~ under w upcn the debt hereby secured. No sale of tl,e prem~ses he~eby mo~tga~ed snd no forbearance on the part of the MORTGAGEE w iti successws or ass~gns and no eztension o4 fhe time io~ :he payment of the deb+ hereby se:~~ed given by fhe MORTGAGEE or its successors or auigna, sMll operate to reEease, d,scharge, mod;ly chan~e or affect t!~e or~y;nal Iiab~I;ty of fhe A1CRTt;AGI~R herein, either in whote or in part. 10. It is spec~fically agreed rhat time is of tF~a esser,~e of this conr~act and that no waiver. of any obligal~on hereunder q of ihe obliystion se- cvred hereby shelt at any time thereafter be he:d to be a waiver oE the terms he~eof or of fhe instrumem secured herby. 11. In add~r,c~ to the fwego.ng moniiily payn,enrs ef princ pal and inr2rest requ~:ed by rhe prom,ssory nore secured hereby, mortgagor covenants and agrees to pay to n:ortgagee v`[ih each R onfhiy µal~~~en~ an add~r~ona! wm es+~~ ated by morrgagee to 6e eq;,a~ to 1; 12 of the annual cost of the foHovr- ing: _ - A-A~I rea! propcrty taxes ~r:ied or assessed a~a~•,st rnc~ abave descr~~,d r_al estate. ' ~ 8-Prem~~~ir.s on i~re ar.d wlndstwm inwracte as nere~~ requ;red to br cerried on :he Emprovemc~ts e;t~ate on the above destribed premises. C-Prem~ums on s~ch m~rtg3ge yuaranty ics~.a~ ce as rr;ort~agNe shail fre,r. t me to time deem fit ro ca~ry on the loa~ secured hereby. Mortgagee shall frcm time to nme ~otify mortgago. ~n ,.~n~~g of the amovnt dve and payable hereunder ard such surn shall thereupon be due and ~-ayable on the due cate of the ~ex} c~onthfy payment and each succesiive mor,fh titiereaiter u~.til mortgagee shall notify mortgagor of a change in such a~-~ount. Sv:h sums sF.all be apphrd by mortgagee tov.ard rhe paymee! of reai prcperty taxes, iosurance prem;ums, and mortgage guaranty insurance i n~emium3. ~ ' IN ITNE~S :YHEREOF, the sait! !~!ORTGAG has ~here~nto set h~s hand and scei +he day and year fint aforesaid. ! t~ig , Sealed a d' the prese of: ~ ' C . j1 an i ; ' aceb A. Munyak ~~n ~ _ ~ ~ ~ ; [ ~ ine L. a ~se.q ~ t STAiE OF fIOR~DA ~ ~ St . Luc ie ~ CJUNTY OF ~ ( ~ Befwe me personaliy appeared _ J~COb A. Muny~ k s Jacqueline I.. Mllr11/d~C his wife, to me we~l known and known to me to be > - a the individusls described in and who exewted tF.e faegoi~g instrvmenl, and xknowlcdged before me that they e:etuted the same for~ fhe purposes ~ therein expressed. And the .~~d J~c_~tueline L Munyak ~ , . ~ wife of il» w~d _ Jac~ob A__ Munvak ~f~ s. sepsratp snd priwt~ ~ exsmination b~ me taken separate and apart from he~ said husband, acknowledged to end Lxfore me that she executed iy~ w~frufitnt~free(~,and votuo- rzriiy and v.~:.,ovt any comp~lsion, co~s~raint, ap~~ e}hers,on, or fear of cr ~ram her said husband. • ' ; WITNES$ my hand and officia! seal t6~s_. _S~! ~ day of _ _~S/ ti Y/4~ a j9-~b S C ~ J r ~~lE.~ n~ .~ty,;;;,; ' ' " : ~ - ~ ` tary Public in end fw f1~51ate o fldrida-~t latye ' ~ ST ' IJv.f .i.lYiT flA. ' ~ G Commission ezpi[q: ' Rerurn io: ~ ~ ' ' . ~A:• n~~~r -~n~1i?A ~t (,At~t ~ t~`TAR~' a S . ~ .177a First Federal $avings S Loan Asuci3t:on ^ f ~C E A - `',T v ?VR f, r" " ,'t~ _ . I Of Fort P erea ,.:iv^`~ j;;!~+.J rrt?.=~d'~.*.aS/nAl'fG:.L.~~c~~`j~g 3 Furt P~erce. F!or~da Mar 1G ~ 32 P~'~b ~ - '1 ~ 7his Instrument Prepared 8y Gary F. Bll~vood ~33'~47~ ~ First federal Savings & toan Association ~ of Fort Pierce~ Florida ~ : Checked By~~-__ _ 3 sh ' t ~ 3 C'r ~ 25? F~~ .