The URL can be used to link to this page

Home My WebLink About0170 3. To ptsce s~d com~nuously keep on the bu~:d~ng~ now o~ heraalter ~iluat~ on sa~d land and on all equi~x.~ent +nd pawn~lly cov~r~d by thii mort~ ~p~, with all prem~uma thrreon pa:d in futl, fire insuronca ~n iM ~ival iundard po~~cy (orm, in a wm spp~ov~d by tM MORiGAGEE, aod wir~tam iniuf~ntf in ~M usval ~tandard pol~cy ~or~n, in ~ sv~n ~pprovsd by tM MORTGAGEE, in ~uch tompany o~ tompani~f ~s th~ MORTGAGEE may d'vectt' ~nd all firt and w~ndstorm insurance po~icies on any of said build~n~s, any inter~~t ~Mrei~ w part ~herw(, in tM apy~ep~?t wm alaf~id or In ~xcau ~Frcreof, shall contain the wual ~tandard ma~~apes ciau~e w such other claus~ ~s tM Mw~qa~N may reqv~r~, makinp tlw iou unde~ sa~d poli~ , ci~s. each ~nd every. payabl~ to said MORTGAGEE ai it• infere~l may ~ppear, and each ~nd ~very svch pol~cy ~hall b~ promptly ai~.pMd and dtlivar~d to ~ny held by u~d MORTGAGEE as fur~he~ security to said mwtyage dcbt, and, not leu than ten (10) days in advsnce oi tht •ap~?+tion ol each potKy, Io da IivN to ia+d MORTGAGEf a renewal thersof, logethsr w+th a receip? (or the pramium of such renewal; and ther~ sMll be ra fi~~ a windstam in~uranc~ pl~ced on ~ny o1 uid build~n9s. •ny interett there;n w pait thereof, unless in the form and wi~h IM loss p+yab~e ai •tw~~aid; and in the ~vent any sum of money becomes payabte ~nder wch policy or pol~c~s s~id MORiGAGEE ihall have tha option ~o receive a~d ~pply the same on account of tM indebtcd~ Mu secured hereby o~ to per~nit s~id MORTGAGORS to rKeive and us~ it or any paet thereof for other purposes, withoul thereo/ w~iving oi ~mp~ir- uq any equdy, uen OI rgn~ u~xirr w oy vutue oi ~nis mv::yaya: e~w in ins evr~n s~iu TVRIVhVVAJ si~e~i :w .~q :oosw~ i3 ~C:~. :~L •'0'~ ~'~•^••:2C' S' insured, a fail fo del~ver promptly any of said pol~ues of insurance to sa~d MORiGAGEE, a iail promp~ly to pay fully ~ny premium theretor a in ~ny resped fail ~o perform, d~scharge, execwe, eifect, complete, comply wi~A snd ab~ds by this covenant, a a~y part hersof, said MORiGAGEE may pl~ce and pay for such in~urance w any parl thereof without waiviny a affecti~g any option, lien, equity, or righl unde~ o~ by virtw o1 this Mwtya9e, ~nd tht full amount of rach and ev~ry f~ch payment shall be immedistely d~e and payabte and shall bear interest f~om th~ dala thereot unti) paid at tM ~at~ ot nine per cenr~m pe~ annum vod togriher with such interest shall be secured by the Iien of this mwtgsge. 1. To permit, commi~ w su(fer no waste, impairment a deterioration of said propsrty o~ a~y paA thereof. S. To pay all and singulx ths co~ts, charyes and expenses, induding a rcasonable attwney i fee and costs of ~bstrscts of titl~, incwr~d w paid s~ any time by said A10RTGAGEE, becavu a in the event of ihe ia~lure o~ the pan of the said MORTGAGOR to duly, promptly ~nd fvl~y psrform, d~xha?Qt sxecute, effecL comptete, comply w~th and ab:de by each end every +he stipulahons, s9recme~ts, cond;tions, end mvenann of s~id promissory note and thu mortgage any or e~~her, and sa~d costs, charges and expenses, each and every, shall be immediatcly due and pay~ble; whe~her a not ther~ be no~~cs da mand, ~tlempt to cotlect or s~it pen~mg; a~+d iha futl amount of each snd every such peymcnt shalt bea? intere~t from tM dafe the~eof until paid at th~ rate of nine per canwm per annurn; and akl sa~d tosta, charges and expenses incwred w paid, together w~th tuth ime~est, iMll b~ tecured by the lien of thi~ matyape. 6. That (a) in tM evaM of any bresch of thia Mortgage o~ default on ths pa?t of the MORTGAGOR, w(b) in tFx event ~ny o( s~7d tums of money - herein referred ~o be no~ prompTty and fully paid wirh~n th~rty (30) dayi next af~e? ~he same severatly become due snd paysble, without demand or notice, or (c) in the event each and eve~y the stipulations, agreements, conditions snd cove~ants of said promiuory note and this mortg~Qe ~ny w eilher a~e not ~vly, promptly and fully performed, d~schargrd, executed, e4fccted, compteted, compl~ed wieh •nd ab~ded by, then in ei~he~ w any svch evanl tM ~aid a~ gregate sum mentioned in said promisswy note then rernaining unpaid, with inte~est accrued, and atl moneys sccured hereby, shsll become dw snd pap able forthwith, w th~reafter, at the opt~on of said MORTGAGEE, as (ully and completely as if all. of the wid suma of money were wiginally stipulated to be paid on such day, anyth~ng in sa~d prom~sswy note or in ?his Mortgage to the contrary no~withstanding; and lhereupon w thcre~fte~ at the optio~ of said MORTGAGEE, w~thout not~ce w demand, suit at law a in eqvity, the~efore or thcrealter begun, may be prosetuted as if all ma~eys fscured hereby had maturcd pnw to ~ts inst~tution. 7. That in the event rhat at ehe beginninq of or at any time pending any suit upon Ihis Mo~tgsge, w to fweclos~ it, a to reform it, w to enforce payment of sny claims hereunder, said MORTGAGEE shs~l apply to the Coun having jurisd~ction thereof for the ~ppo~nimeM of a Receive?, such Gourt shall Forrhw~~h appo~nt a receiver of aaid nwrlgaged p+operty all and singutar, includ~ng afi and singul~ the income, prof~ts, issues ~nd revenves trom whateve~ source de~ived, each and eve~y oi wh ch, it be~ng expressly understood, is hereby monga~ed as if specifically set futh and described in the ~rantinp and habeodum clauses hereof, •nd such Receiver shall Mve aIl the broad and efiective funct~ons and powers in anywise entrvsted by • Co~rt to ~ Receiver, and sc,ch appointment shail be made by such Court as an admitted equity and a matter of absotute right to said MORTGAGEE, and witF.out reference to the adequacy a insdequacy oi ihr vat~e of the prope.ty mo•tgaged w to the wivency or ~nso~vency of said MORTGAGOR or the defendants, and that such renrs, profits, incomc, issues and revenues shail be appiied by such Receiver accord~ng to the I~en a equity of said MORTGAGEE and the prsttice of such Court. ~ 8. To duly, promp~ly and ful'y pcrForm, d~scha.ge, execute, eFfect, complete, comply with and ab;de by each and every the ttipulations, a~reements, conditions and covenanrs m sa~d promissory note and th;s mortgage set fw~h. 9. That in the event rhe ownership of the mortgayed premiies, w any part thereof, becomcs vested in e person olher than the MORTGAGOR, th~ MORTGAGEE, its successo.s and au~gns, may, without notice to tF+e A'fORTGAOR, deai w~th such successw « succcisw in intereat with refereoce to this morTgage and the detn hereby sec~red in the same ma~~er as with Mortgago. w~thout in any way vitia~inq ot d~schsrgirg tks; Mlortgagors' liability hera ~nder or upoo the debt hereby sec~red. No sale of fhe premfses hereby mwtgayed and no Eabear~nce on the part_of tlro MpRTGqGEE w its ~uccessors or assig~s and no extension of the lime fw ~he payment of the debt hereby secured given by the N10RTGAGEE or its sutcessors ot usigns, ~hall operat~ ro relcase, d~xharge, rnodity changc w affect the wg~~al liab:t~ty of the MOR(GAGOR herei~, e~ther in whde 4? In part. ' 10. It h spec~f~cally egrced ths~ r7me is of the esscnce of this connact and thsl no waiver of any obligetion hereundei o~ of the obli9aYan sr cured F~ereby shatl at any time thereafrer be hetd to be s wa~ver of the terms hereof or of the instrument secured herby. I1. In add.ncn to the fo~egang month?y paym^ros of princ pal and interest requ~red by the promiswry no!e secured hereby, morigagw covenants and agrces to pay to morrgagee wrth each monrh~y pay~.,ent an add,r~onat sum esNma~ed by mortgagee to be equal to 1 j 12 of the annual cost of the follow- i~~: i A-All rea! property taxes lev~ed or assesseci ega:•tist t~e above described real estate. + I B-Prem~ums on f~re and wir.dsto-~n insurance u herein requ[red to be urried on the improvements situate on the abOve desaibed•prlmises. i C-Prem~vms on sucfi mortgage guaranty ir.sura~.ce as mortgagee sha~l from. nme to time deem fit to carry o~ the loan secured hereby. I Mortgagee shail frcm nme to.+~~ne noti4y mortgagor ~n wrinng of the amount due and payable hereunder and such wm shall thereupon be due and ( ;,ayable on the due date of rhe next month:y paymenr and each successive monrh thereafrer un1i1 mortgagee ~hall not~fy mortgagw of s change en such ~ a~,ovnt. Such wms sFa~~ be ap~'~ed by mortyaq~e to.vard the payment of real property taxes, insurante prem:ums, a~x! mwtgage guaranty insurance p~emwms. ~ IN YIITNESS WHFREOF, the sa~d MORTGAGOQ ha~ hereunto xt his hand and seal the day and year fint aforesaid. ~ Signed, Sealed snd delive:ed i~ the presence of: F!~p ~£~~i~l$EO ~ fT. L2lGt ~~SMfY FLA. %1:as-^- f~ .cse.n ~ AQ~; _r r03T~AS • (S~s~ arence E La s ~ ~ 6~E~K t~~CU1; CO31Rt a. , Vf~Ok~YE~lfl£!'~~..~1-~ ,'Glendora~A. I.~doski~M~'~c~q ~ - - ,J~ii i 3 S2 PN'?6 ~ SiATE OF FIORIDA ~ COUtJTY OF $t. Lucie ~ c ` 1 I'f 'Z' ~ ~~t,l`~~~J # Before me penonally appeared Lawrenee S_ Iacbski ,,,d ` Glendora A. Lacbski his wife, to me wefl known and krawn to me to bs the individuals desvibed in and who executed the fwegoing instrument, and atknowledged before me that they eaetuted the aame fw tF?e pur{wxs ~ ~ Iherein expresxd. And the said_-__ G16I1dOZa A. Ladoski ~ rvife of the said Iawrenee E_ Lad~ski , upon • seper~ta ~nd privab examinat~on by me taken separate and apart from her sa:d husband, atknowledged to and before me that she exetuted uid instrument freely ~nd vol~n- rerily and w~thaut any compu~s~on, cor.srraint, apprehens;o ot fe r of w from her uid husband. s~ WITNESS my harx! and offiual s•_al this_. ~ day of_ May ' , A. D. 19~~ ~J ' Notsry Publ~c in ux~ (w the of fbrid~ at Larpe ~ My CommissiOn expirq: / 0• 3 D•~~ ~ Refurn To: ' ~ First Federal Savings 3 loan Associat~on Of fort P.e*ce ~ Fort Vierce. Flo.~de ~ ~ , ~i. . g ~ ~ ~J~~~~ ~ • ~ ' , + = ~ ~ This Instrument Prepared By J. H. ROberts Jr. • . "1 Q-•. s ~ First Federal Savings 8 loan Association ~ _ ~ of Fort Pierce ~ Rlorida 33450 ~ .1,,,~~.;'t~}j;';; iJ r~ o . , : ~ '~'~.E i ~ ~ t: ~ Checked By _~'1~ ' ° ~ ~ > ~ r r; L; ' • . • . ~ ~V~ PA6f ' . . ~ ~ d _ , . _ - ~ ~ _ -