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HomeMy WebLinkAbout0166 3. To plau and conti~uously kcep on the bui!d~np~ ~ow o~ Mreah~r ~ituatt o~ ~~~d land a~d on al~ equipment a~d p~~wn~lly covNtd by Ihit morl¢ _ p~, with ~II pr~m~ums ~he.eon pa~d i~ tvll, tire inwranc~ in ~M uswl sfsndard potKy lorm, tn a sum approv~d by tM MORiGAGEE, ~nd wi~twm in~uranc~ in tM usu~l ~tandard pol~cy form, in • ium ~pprov~d by 1M MORTGAGEE, in tuch compa~y or canpani+s a tM MORTGAGEE m+y dinctj ~nd all (u• and w~nd~~orm in~v~snc~ potK~es on any o( uid build~rps, ~ny Int~r~~t therein or p~rt fMrwf, In tl» ppre9~~~ wm ~fa~said w . le? ~xcea Ihereof. ~hall contain ~M u~val uandud matpayN cl~us~ a such o~ha ciauu th~ MatppN may requir~, makinp tM lou u~ u~d po14 ciet, ~ach and evt~y, payabl~ ro said MORiGAGEE a~ its intcre~t may app~ar, and each and ~ve.y such policy ~~~II b~ promPtlY +W:9^^eJ ~"d d~~rvQ~td ~o any held by said N10RTGAGEE ~s tur~her sacvrity ~o sa~d mortpp~ debt, and, no~ I~u tha~ ~~n (101 d~ys in advanc~ oi tM ~apint~on of acl+ policy, ro d? livK to taid MORTGAGEE a ~e~ewal ~Mreof, to~e~F+N wi~h ~ rec~ipf tw ths p~~ni~m ol such rsnewal; ~nd ~her~ shsll b~ no fu~ w winditwm insvr~nc~ pl~c~d on ~~y of t~id b~rild3np~, sny inte~sst th~rein ot part thtreof, unless in ~he fwm ~nd with tM loss pay~b!~ u•fw~i+id~ ~nd k+ th~ ewnt ~ny ~um of nwn~y becomes payable undK wch poliq w polKies said MORTGAGEE ~hall have fM op?ion to receive snd ~pply tM ~a~ a? +cco~r~t o( tM ind~b~ed~ ~.....r.1 1.~..1.Y u. u:rt AAAQi(:A('.ANC ~n n.rwi~~ anel us~ it or anv oart thereof for othe~ ouroost~t, withOUt IFNreb~ waivinq O~ ~mpiit- • 1ny any pu~ty, G~n a r~ght unda~ or by virtw of this mort9+9e; snd in tM ~vem said MORTGAGORS ~hall (w ~ny r~ason iail ro ke~p ~M uid pr~mi~es w Inavred, a(a{I ro deliver promptly any of iaid poticies of insura~t~ to said MURTGAGEE, w fail promplly to pay fully ~ny premiuen the~efw a in ~ny re~pact f~il to per(am, d~schsrge, execut~, e(fect, complete, comply wi~h ~nd ~bid~ by this covenaM, a~ny part htr~of, ssid MORTGAGEE msy pl~n +~+d paY fw ~uch inf~~ance or any part thereof without wsiving w affectinp ~ny option. litn. equity. a ri~M unde~ w by virtw of this Ma1p+p~, ~nd tht fvll amarnl of each a~d ~ve?y wcA paymenl shatl be immcdi~tely dw and payable ~nd ~MII bear intsresl from tM daq therwf until p~id st tM ~at~ ot nine per centum pN annum and toyether with iuch inror@~t ~hall be secured by ths liee~ of th~s mort~aye. 1. To permit, commit w ~uffer no waste, impairment a deterioration of said propcrty or any p~n tMrtof. S. To pay atl and ~ioyulsr the conta, charges and expenses. ~ncluding s roasonab~e attorney's fee and cosn of abstracri of titls, incurred or p~id at sny time by seid MORTGAGEE, because a in the ~vent of tM (silure on the part of the s~id MORTGAGOR to duly, promptly snd fully pNfam, distharyR axecure, e(fect, complet~, comply w~th and ab~de by each and every ~he s~ipula~rons, +greemenn, condi~ions, +nd cove~ann of ~a~d prom~sw.y nots ~nd this mort9~pe ~ny w eifher. and sa~d costs. cMrges and eapenses. each snd every. ~MII be immediately dus snd payable: whether a not tlx~~ b~ notice ds mu~d, attempt to collM a tuit pend~ng; and tM full amount of exh and every such payment shall bea. interest from the dsb lhtreof until p~ld at the rate of nine per centum per an~~um; and all said cos~s, charges and expenxs ~nturrcd a paid, logether w~th such int~rs~t, ihall be sec~red by tM lien of this mortyap~. 6. lhat (a) in the ewnt of ~ny breach of this Mo+tgsge w defaul~ on the part of the MORTGAGOR, or (b) in the ew++t any of ssid wm~ of money herein nferrad lo bs not promptly and fvlly paid withir? thirty (30) days ~eal after the tame severally become dve and payable, without dtmand w notice, or (cj tn tM event each and every tM ~tipuia~ions, sgreements, cond~tions snd covenants of :a:d p~omiuory note +nd tl+~s matpap~ any a ei~ha ars ~w1 iuly, promprly and fully pe.formed, d~xharged, exauted, effecrcd, complered, complied with and ab~ded Sy, tf+tn in e~tF~ a any ~uch ~vent ~h~ u~d p~ pregate wm mentaned in s~id promissory note then remaininq unpaid, with inlere~t ~ccrued, ar?d a~l moneys setvred he~eby, ~11 betant dw ~nd pay- abia fwlhwi~h, ~ ~i~ereaUer, et ihe op~~vn o( aaid MORiGAGEE, ai fuily and completaly as if all of the said wmi of motwy wete oriQinafly stipulatet) to be pa~d a? s~rch day, anyfhir?g in sa+d prom~ssory note o. in this Mortyage fo the co~~rary no~wirhsunding; ~nd ~hereupon or the~eatter ~t th~ opran of said MORTGAGEE, without norice w demand. suit at law or In eqvity, thereiwe or thereafter begun, may be prosecutod u if all moneya s~cur~d hereby had matured prw? to ib institution_ ' 7. That in the event that a~ rhs beginning of p at any time pending any suit upon this Mortgage, w to forecloss it, or to roform it, p fo enforcs payment of a~y cl~ims hcreunde~, said MORTGAGEE shall apply 1o ths Cowt h~ving jur~sd~ction thereof for the appointment of ~ R~ceivd, sucfi Covrt sh~l) forthwith appoint a receiver of said mortgaged property aIl and singular, icxlvd~ng all and singutar the income, profits, issues ~nd rtvsnues from wMt~ver wurce derived, each and evcry of wh~ch, it being expressty undetstood, is hereby mortgaged ai if tpcc~fically set fath and defcribed in the 9rantirg and habendum dauses hereof, and wch Receiver ahall hsve •II the broad and effative tunct~ons snd powers in anywite entrusted by ~ Court to a Receiver, and s~ch appeiroment shall be made by i~ch Co~~t as an admitted equity and a mattt~ of absolute right ro uid MORTGAGEE, ~nd .withoul ~eferente to th~ adequaq w inadequacy of the value of the proper~y mwtgaged or to rhe soivency w insolvency oi said MORTGAGOR or the defendants, and that iuch .ents, profits, income, is~ues and revenues shall be applied by such Receiver accord~ny to the lien or equity of taid MORTGAGEE and the prsctice of such CouA. 8. To duty, prompNy and (ully p~riwm, discharge, execvte, eifed, comptete, compty wirh and abide by each ~nd ev~ry 1M stipulations, spreemenn, conditions and covenan~s ln w~d promissory ~ote and ~h;s mongage set fwtA. . 9. That in the event the ownership o~ the mortgaged promiscs, w ~ny part the~eof, become~ vested in ~ pason other than the MOR7GAGOR, thi MORTGAGEE, its successors and assigns, may, withouf no~ice to the MORiGAOR, dcal with such succeuw o~ auccessor in intereit with re(erence to this . mo~tgage and the debt hereby secu.ed in the sai»e m~nner as with Mortgago. without in any w~y vit~sting or d~uharging the Mwtyagon' liability ht~e- under a upon the debi he~eby secured. No sale of ihe premixs hereby mortg~ged and no fwbea~ance o~ the pan of the MORTGAGEE w its iuaes~s o~ auigns and no e:tension of tl+e time for the psynxnt of the debt hereby secured given by the MORTGAGEE or its tucceasors or auipns, ~hall operaN tn release, d~scharge, modify change w effect the original liab~lity of the MORTCaAGOR herein, either in whot~ or in put. 10. It is speuficalty agreed rhaf time is of the esunce of this contract and that ~o waiver of any oblyati~n hereunde~ w of ths oblipation se- cured hereby shall at an~ time thereafter be heid to be a waiver of the termf hereof or of the instr~ment secured herby. 11. In add.tiun to the Iorego:ng monthty payments of prir.Cpat and interest required by the promissory nore secured hereby, morfgsgor covenants and agrees to pay to mortgagee vvith esch morithty pa~rnent an add~~~onal sum es~imated by mort9agee to be equal to 1/12 of the annual twt of the foltow- ing: A-All real p~operty taxes lev~ed or assessed aga~~st the above desuibed real estate. B-Premi:~ms on fire and windsto~m insurance as herein requ~red to be carried on the improveme~ts situate on the above described premises. , C-Premiums on svch mo~igage guaranty inaurarce as mortgagee shall from time to time deem fif to csrry on the loan iecured hereby. J4brtgagee sha!! From time to t~me notify mortgagor ~n writing of the amount due and payable hereunder and such tum shall thereupon be due snd ; payable on the dve date of the next monthty payment and each successive momh thereafte~ ur,til mortgagee shall notify mortgagor of a chsnge in tuch ~ amovnt. Such sums sha~l be apptied by mo~tgagee tovvard tFx payment of real property taaes, insurante prem.ums, and mortyage guaranty insurance ' p~emiums. j IN Y~ITNESS ~YHEREOF, the sa~d MORTGAGOR 1~as hereunto set his hand and seal the d nd year first aforesaid. ~ Siyned, Sealed and deliv~r4d in the P?esence of: • Frt.£o ~?*C ~~cowifo ` ~Ct , ~ ~ ~ - ( ~ ft. i,~Cif t ~vMf7 fU. ti ( . RO`.F ~ ' ~ It C4URT ~ ; CZE~~ C'?CO • ~ • L seaq ~ " RfC~.R~ ~fEci.:f~ q e i e . - ~ • , ~a0 STATE OF fLORIDA ' 3 sz PM'/ ~ COUNTY OF St . Luc ie u~~ 32~ ~ ~ ~fa~ nu pe,wn,~~y,ppea~ed Jacob A. Munyak ~ Jacqueline L. Munyak h~, Wcte, ~o ~ W~n k~ow~ and known to me to b. the individuals described in and «ho executed the foregoing instr~ment, and scknowledged before me that they executed tF~e sarrw for the purposes € rherein expressed. And the said Jacaueline I.. Munyak wife of fhe wid Jacc~b A. Munyak ~p~ ~ y~p~t~~e ~nd pr;~~t~ exsminstion by me taken uparate and apart from Fier said husband, xknowledged to and befwe me tMt she exetuted said iruttument freely ~nd volun- rarily and without eny compufsion, constraint, apprehension, g~,fear of or from her said F~usbend. ~YITNESS my hand and official xal this- y r~~ da of ~ A D. 19~.52.. ~ ~ t Notsry Pubtic a for the Sqte of Florida at lu~ ~ - ~ ~ ~ My Commiuion e pires: ~ ' ~TATE ~'F Fti--~~~:_~~' y~ ~~_3:..Vi4iEN~ARY - ST~M~~ ' I•_ i i ~~.1'{?~*K. Stz~e of Fo.~~a 0~ ~O?~ " My ~~isvo+~ E~cpi~as Ja!~r 2k 1t7J ~ ,,i-~:.~pLVEr~~)E ~±~'r" O ~ 01 /ord~d br /1~~foao Fin i Cas~.tI1~ Co. ~ = i - 7 ~ - :;~v 1-'70 ~ t: ~ j ? 8 " ,,,,fi•'-A, ' , , ~ ..~Ir~:(!I ~ . 'i. . ~ This Instrument Prepared By Gr ry F. Ell~~od ` First Federal Savings ~ loan Association _ ~ ~ of Fort Pierce , F l~r ic~a _ ~ ~c` t ~ . ~ , ~ _ - ,f . ~ Checked By _ ' ? _ c~ ~ . ~ .r.r l..~~ ~ _n ~ =.r k-; f ~ ~ ~ . - F{ . , . ~ ' : sh ~ ~ ~ - ~ _ . - . ~ - t e_ .