HomeMy WebLinkAbout0060 3. To ptatr ar~d continuoutly k~e~~ on Iho kw~:dinyt ~~o:~ on c~reafrrr fituata en src+ la~xl and on a'i ~c~„i;;m~nt e~~u pcr~o~~liy co:~~r~J l~~ tl:i~ morlg.
~ ege, with all premiumy thercon ps~d in (vU, fi•E IIlS4f3~lCt in 1ho ~iv~l u~ixlarii ~c~l~:y lorr.~, in a sum a~.p~orc_1 t,~ thr N.J~2:l~:.Gi'. 0:'.1 wi+~witorn;
• inw?en;e in +he usua. ~tanderd policy forrn, ~n a*.v~~o approved by the i,10RTGtiGEE, in such cumpa~y or to~npan~es us thv htORTGAGEE mey
dirtct; and tll iiir and ~v;n~Js~onn in~~~ranca pol~c~cs on any o( s~~d t~ui~d~nys. an f i:zfac~et. ihrr~in or part Y~rreoi, in the e~~rcgatc sum a'ores~~J o• .
In eacrsf Ihcreof, sl~ali cunta~n Iha usval :tandard murt~~gva dzuse ur ;~ch n~har cl.+~~ee a~ li~,; lrortyayce may irqu~re. maA~ny tha (JSS J~~CJar ss~d pu;i•
' cies. tath and every. ~ayab:e to sa~d ~tit~~^nTGAGEE as its ~rtar~et ~~;ay appe~r, ancl e~:~~ a:;d e:ary si•ch po'~-/ sl:3;l t:r pro~,:p~;y r,s g~:c:i a~~d ~!a'i~cr~d ~o
any hetd by s~~d A1G~TGAGcE a~ (urth•_r securi~y to sa~d mor~ga~e deb~, and, ~ot tess ihan ten ('0) d.+ys in ad.an<a of ~hr exF:iro!~on c.? eech po1~c±, lo dr-
I;ve~ Io s+id h10R1GAGEE a rsne:.al the~e~f, togNhcr w~th a rrte+pt For tha prrmium oi sucF~ rtne.va~; and ~here ehai~ be ~~o :~~e ::r windt~or~n i~~scr~nca
pl~;ed on any oF iaio build~n~:, any int~re~t tharr.~ or part thc-reoi, u~'eas in the fcrm •~nJ xlth the toss paya~~:e ~s aforesdid; and in rhr rr~~~t ar~y sv~n
of inenay becomes ~aya6le under sucF~ poliey u~ po!~cfas ~ald MORIG:3GfE shal~ iiace thr upt.on ~o reccivc and app~y ihe san+e on acco:~nt of ~E~e~ in~ebtrd•
n~ss s~c~uad hereby or to parmit sa~d MORTGAGORS to retei~~ aizd uie il or zn: {~ai~ ~F.~~~evf tor oti~rr pun-cirs. ~:.+i,o..t th,rci~~ ..~;~in~ :r +ne, .
Ing a~y equfty, lien or ~~9h1 under or by virtve of this mo:!gage; ar.d in the evtM said h10RiGAGORS sk..,I for any rcason (a~l to kcrp ihr ~a~J µre,n~s~•s so
insured, or (aii io del~ver promptly any of said polic~es of insuranca to sa;d h10RTGAvEE, or fa~! promptly to pay fi~!'y any premiu ti~c•refor o~ iii any _
respe<t (ail to periorm, dls.hai;e, ex~cute, ef(eci, compl~te, comply wnh and sbida by ~his covenani, o~ any pa~~ har~of, s.:id 1,10RTGAGEE may p?acr ~:-d ,
pty for such insurence ot any part Ihereot without waiving or af(rcli^~ any option, lien, equ~ty, or n~ht undcr or h~ virtue oi this Mort9~qe, a~:d tht .
(ull anvovr.t of eath and e~ery such paym~ni shal! be immeu'iately d~~e and payzb~e and ~h.+ll bear inietest from tf~a Jate 1l~ereoF until paid a~ ihe role el
r.ine Fcr cent~r.~ Ftir anr~~~i em1 to~ethcr v:i1h sucli iMarest ShatS b~+ s:tur.d hy the lien of t}:,i .~rtgnge.
4. To pen.iit, eommi~ or eufier no ~vasrr, impai:rnen~ or deter'arat~on cif sa:d creperty or any part thereof.
5. To pay all and sinauler Uie cc%sts, charges ar.d exE:ense:, induding a reuso:~able at:~r~ey's Fec and costs oi aostratts of t~t!e, inwrred or Fa:d at
. - any time by aaid A10R13AGEE, betau~e ot in the eveN of ~hr ia~lure cn Ihe patt of tiia ~ i:! .~10kTGAGOR to clu!y, promptly and fu1~y F:crlorm, d~ui~~rge.
execute, efirct, compte~e, comply .vith and ab:de by ea:h ana everv rhe stiru~~t~ons, agrr~mentf, conditions, and covenants of Sai~ prO~r.iisory note ar,d ~h~s
mortgage any or eAher, and sa'd costs, charges and expenses, eech and rvcry, shall L: in:~nediate:y dua ~nd Fayab!e; whathr~ or not the:e be notice d•:~
mand, anempt to col:ecl or suii Fend~ng; n~~d the futl amoun~ of each and every such paymznt shall bear ;nteret~ trom the date thareoi until paid al the
ra+e o+ n~r.e per :~ntum F~r ~nnu:r,; a:i~ a-t se~d cos~s, cha ~es and exp~nses ~r.cv~red or paid, toy~•tner w~th s~ch in~eres~, sh~1! ba securrd Fy the lier~ of ths
mot fys9 a -
~ 6. lhat (al in the event of any 6reach oF th~s A1ort~age or default on tne part of the MORTGAGOR, cr (o) in the event ++ny ot sa:d sumc ot rroney '
: hereio referre.-i bo n~t arerr~ptly and fully paid vrithin Ih~rty (3Cq day~ next otiar ~ha same sev~ra:;y become due and p~yable, withou+ d~cnana o~ nori:e,
or (tj in the eti•ent each and e~ery 1he stipulations, agr~ememc, condi!wns anci :ovena~ns of sa.d promissory note and -th~s mor'gage any ar either are nol
~u!y, promptly and fully perfc~mc~, dschac9ed, e~ecwed, effezted, comp~eteJ, co~npi~cd v.~rh and ~S~deJ tiy, then in e~~her or any sueh evero ihe sa:d ag- .
gre9ate sum menu~ned in said premissory nate then renuinin~ unpa:d, ~vith interesr accrved, ar~d a~l moneys sttured hereby, sn~ll beco:n~t due and pay
eb~e forth.vith, or therea(ter, at the o~iion of sa~d !.IORTGAGEE, as fuiiy and 2qmp:etety as ~f atl of the s~~d wms of mcney werc- or~g~natly st:pulated
- to be pa:d an such day, anylhinq in sa.d pro.~~~sscry note or in ih;s l.tortg~ge to ~ne ~or:.~~:y not.•:~thstand~ng; and th~reupon or there3iler at ~he opt~on of
said MORiGAGEE, witheul not;ce or deiiiand, suit at ~aw or in equdy, thcreforc e~ the ~ oficr begu:i, may Ee Etosecuted as if ail moneys s~~cuf?d herc:by •
had mawred pnor to ~ts instnuf~cn. _ _ '
7. That in the evenf tha! at tha be9ir.n"ng af or at any time pcnding any su~t upan 1}ais 1: ~rtnage, or to foredose it, or fo ~nfo•m it, or to enforce
paymznt of any_ cia;:ns h;:rcur.dar, said 1.50R1CsAGiE c~~aU oppl~ to !ha i.aurt hav~r.g ~urisd c:;o~: fh>reot fer the appo~ntment of a Rec~iv~r, su:h Co~rt shail
Forlh~vith ar~,~~nl a receiver of sa;d mortgagcd pro~crty all a.^.a sirgular, inciudn~ ai! anJ sin~jiu tte iecome, Frof~~s, issues ard revenucs he~n ~vhjtever
" sourte derived, eath ani~ every of w}~::~., it being express?y ur.d_•rstoaJ, +s i.ereb~ mortgsged as if spec~(ecaltv sN fer~h and dzstribed in the granting a~d
- ~ habendum clauses hereof, and such Recei•+sr shali ha~e all the broad ar:d aftecK~e fur,c±;o:.s ar.d pe.tieis in anywise entrust~d by a Court to a Rectiver, a~~d
such appointmz+~t shrll be matie by suth Court as an adr,ilted zqv~ty and a r. a~ic~ cf ahsaute r'gM Io saio N.ORIGAGFE, and witncut refer~nce to the
adeq.~acy or inadeqvaty of the ~•alue o{. the prope~ty mortgayed or to the so..a~cy er innoivency of said Jl10RTG.AGCR or tne defe~~dants, and eha! such
, tenrs, profiss, incom~, istues and fQ'JP~IUOS sh~il ba app:;rd by sucii ~eceivi• accord,~;g to the Ge~ or eq~~ity ni said A10RTGAGEE and the practice of such
CoutL .
j 8. To du~y, promptly and futly perform, discharye, ex?.ure, effec~, comp!ate, coa:pt~ v::th and ab~de by each and every the s!~puia!ions, agreenzeNS,
conditions art~ c~venan!s in sa;d promiasory nete ar.d th~s m~rtgage set forth. - -
9. That in rhe event the ovrnership of ihe mortgaoe~ prr~~~ses, ot amr parl thercoi, 6rc~mes vested in a person other Ihar, the t.{ORTGAGJR, the
} MORTGAGEE._ its svccasson ar.d ass~gris, may, wE~hovi no*~ce te ~ha %r,ORIGA02, deal s:uh sucn s:~ccessor or s:,ccessor tn inrerest wi+h reference to th~s
' mortg~ge and the debt hereby secured En tne same manner as ~•:ith iAor.73{l0! w~thout in any way v:t~a!irg or d:schaiging the tllortgagors' lia~ility here-
ur.der or upon th2 debt hereby se;,:red. No sale of ths prc~is•_s h;reby mo~tra~ed and no for6earante on the part of the l."•ORiGAGEE o~ its sutcessors
or ass~g~~s and no eatens~un ol ~he t~me_fo: ~he paymem oi the JebT he~eby secured g~ve~ hy the f.50RTGAGE~. or its successors or ass:gn~, ~hall operate
lo re~ease, d~scharge, mcd~fy chang: a: af(ect ~he nrigin-~! fiau:;;ty ef the h.JRTGAGOR here:n, either in whele or in part. - .
_ 10. It i: syec~fic~lly agreed thnt tin•e is of the esser.ce of tf~:s ce~:'ract and tFat r.o waiver of any oh!ig~iion hareunder or of the ob!igafion se•
cured hereby shali at any.tir:e ~he:eafter be F.e:d to be a v:s::e~ oi the terms hereof or cf thr instru~~ent secured hc•by.
i i. in add tica to tl ~creGO'n~ moneh:y pa fmt-nts of p:i p~~ and i~t=rest reqvired by `hm pron:?sscry no'e secu:ed h:reb~, me:tgagor covenants
and agrecs to pay to n;ortyag~e •.,irF, each n~cc;>h:y pjy;::er~t ar~ aa:i~ia:,al s.~n est:ra~ed b~ m,ortgagee to be eqva4 to 1 j 12 of tne anr,uat cost of the follow-
- in3: - . . ' . -
A-AII rcal y,ropert~ taxzs levied cr asses>e:i ay3i~ s! t1-c acove des:r~~:ed real es!sse. ' -
6--Ptcm~vms on i~re and v.i~;dstcrm ir,sura~,. as he:c;r. rcqv~r~~i to be [3fr~fU cn th~a :m~rove~ieats s~ uate o.~ thc abore desc.':~E~ PfE•t71iSBS. - -
C-Ftcr.r.ums on s:,ch mort3;ge guar;Ny icsu~a~,te as ma•fqdGC? 5}13i1 ?re:n e~me ro tEme deem fit to carry an the loan secured hereby.
t.'.ortgag~~e sha'~ From tl,:s !o t~~r.e ncr~fy rnpr!ryager ;n •,•;riting ef :h= a~-~o:,nt due and paya6le h?reuncler and such sum shall ti~ereupon be d~e and
payab!e o~ the d~r das~ oi ~h~ rext ~i:o^rh'.y payrr._nt and each zu:ceszi~r :ront}1 1P~?FB3Itcr u~:!ii mo~tgagee shsl; ~iot~f•- n~~r~gagor ef a change in sv.h ~
. ' dT.OUTi_ ~ SUCFI sums sF.ail i~a appiied by mortge ~e2 to.tir.d ine payment oi real p:eoerty taxes, insvra~ce prem:urr.s, a~:d mort~a~e g~.aranty irsorcrce ~
~ - nremi~a~s. ~ - ~ - - . . - .
I~I i':ITP~ESS ':lHEREOF, tne sa;d 1.1CRTGAGCR h3s her2unto set h:a har.d and seat the day and year fint aforesaid.
~ - Signed, Seeled ~ard ~d/elivered in the preser.ce of: " ~ ~ -
~1'L.(~ \d,lT.c/J4R.~3`7l~ _ _ _ (
.-:;i:~OED - ~ r~ (
F1LtC w4= r -i5ea1)
- e7.~i~Ct~_ii.~~t+T1 FLA P+ ul- J• SrC(3da ~ - (Sea:~
L~z... ~ - -G~ ~ nvGc;, 1; "~k.S ' ~
- . - - Ct.E~`: ~~'.~t~i' i~JJR c . i (~ea:)
- - rc:'c-.: ' elen M~ SkOda cSea~)
STATE CF ftORIDA S5. ~9 ~r L~t~ ~ j~
~ U " ~(~'~~?~.9
CUU~~TY OF St~= I..uCle
Befcre me persona!;~ arp~ared _ P~ttll .J~ S~C0C~3 _ and
--H@1611 Skneia - - f~s v:~~~, to me v:ell knox~ a:-d kno:•::: to rne to be
the ina~~•iduais descr~bed in a~d v.ho execute:! tfia foregar,g instrument, a.^.d ackne.v;edgad bei~:e me that they executed the s3~r.e io~ tFe purFos?s
therein expressed. And tfi~ ::.:a Helen T~. Skoda . _ •
w~r~ of ~~,e said paLil J. Skoda - .
^ , upon a separate and private
_ exam:n~t~on b~ me faken separate and apart from her sald hustand, acknov:ledged to a~d before me that s}~e execuied said insirument freely and volun-
tarily and w~rhwt any compv'sion, constrtint, apprehens'.an,~
o~r/ fear of or from her said husband. -
W:~KESS my I~and and offic:al seal thia day 4`--- Ap~il ~ A. D. 14 75 ~
~rc-!.~/ . - -
~ C.Iotary Pvbl~t in a~d (cr tne St e f Ftorida at Large
• - My Com~nissicn expirer. • _
- Ret~rn To: - - , - -
First Fe~erat Snvings a ioen Assuciat~or.
of Forr P:c:cc. ~O~°~Y Pu6?Je,
01 qo
Fort Pi,r, e. if~rid5 - . _ ' ~dY Gamm~ss;oR E~ +~1 (~'~0~ .
- . _ , . ' Bflr.de~ bY A,nerican fs
~ ~ ~a u,
a -
^ rY ~
~ ~ . - • ' ~ ~ ~ ~ ' ' ~ -t i.. i ~ .
This Instrument Pre ared B '
. ~ Y William ,1~. noxU~es= . _
First Federa! Sav~ngs 8~ loan Pssociation , r, ~ t r`-.
of Fort Pierce~ F2or ida 33450 " ' ~ej ~ ' ' ~f ~
- ~ v ~ _ .
~ - ~ : : - ,
Chec~~d By - _ : _ : ~ - -
~ , .
- ~ aoox ~~9 ~~c~ . . _ . . , .
lKJ ` ' `SS ~ ' -
- . - - _ . ~ Q~
: - - - - -