HomeMy WebLinkAbout0062 3. To pl~ct and ton~'nuovsly keep o+~ the L~+i'din,~s now er hr~eait~r i~tuate on said lent! a~~d on a!: f:quiN:nen~ and ncrs~n~tly covcr~ci Gy ih~s morty•
OgC. willt eU primiumS ihrreon f:a~J :n (utl, firr ins.,eanCi in Ihc• us~.~; ~t.v~d~~d HW:iCy fotm, in d Su~n t~,pro~~:d ~y tlia 1.1tJF.i(iAGf[. and w~nil:torm
in~~.ancr in tho uiu~I i~and~rd F,ol.iy lu~~~~, i~i a,~~n epEroved by ~he A".URTGAI~Fc, in such tomp;ny o~ co:upon~i:s aa ~hy ;'~ORiGAGEC r~»y
dife;r; and ali (ire an~ ~v~f~datenr, insvrai~ta po:~L.t, o~ ary of s~:d Lwiid;n~s, any interest Ih~•rei:; «ar1 ih:rrcul, in Ihe ayg~ega~~ sw*~ ofo~esa~~1 ar
In Jxcess thereo(, sheii ;on~~in tt~a usual s~andarJ ~nnrtgegee clacse or w:t~ o~her tlause as the !Ao•1yag:e may reyu:re, n~~A~n~ tl~c toss unJrr s.~~J }hi:-
cius, rach and ava~y. p~~ab!e ~o eid A',t;RiGAGEE as its intcrest may apNrar, ar~d eath and ev~ry tuth pol~~y shs;l ar ~~rcmpL'y ass gnecl a~•~+ delivcr~d ~o
any held by sa~d I'.C~RfGAGfE as (unner secur~ty to sa+d mor~r~a~~e debt, and, not less ~han len (10) day~ in aJvance of tl~~ e:i~~rat~o~i e' e~ch ;~a1~-v, to da•
Irver to said A10k1GAGEf a rene~ti~al ther~of, toge~her w~th a:ece~pt tor ~hr pre~ni~m oi sueh ~enrwal; a~,d thacr ~haH b•_ no i;~e c~ .•.~~~ds~o~~~-~ insuran.a
placed an any oi se:J bui!dings, any lmerest there~n or ~~Drt fnercpl, vnlrsi in the for~n anci wiih the ~oss pay~ab!e aa af,^.~tsaid; and in Ihe eLrn1 am; su.r
ef maney be.o.~~es payable under s~;h policy or pol~c;es said A1•JRTGAC:E ahall hjve tha option ~o r_ceivr .jnci apF•ly Ihe sa~ne on ncco~ni of ~he ind~t,:cJ•
ness securrcl hereby or lo permir sa~d h1CRiGAGARS to ~ec•_ive and u~e il o: tri~ parl thercof ier oti~~•r purposcs, v.:t~iout tii:~~u; ...t.in~ or r.~~;~:,i~- '
ing any equity, lien or ri9ht unJer or by vi~tua of ~h~s ma~tyacJ;; and in tha ever.~ ea'd 1.1U~2TGAGO~tS snall for any reason (ai) to kre.• ~~~e sa~d pr~:ni~;s so
insuretl, or fail tu de!iver promplly any of s;id poGcies of insurante ~o sa~d h10RTGAGEE, or (ail pro~i~~,tly to F;ay fully any pre~~~iu~n ihcrefor or in ~ny ~ ~
rbipett fail lo per(orm, d~uharq~, ex~xutr, efietl, tompletc, ton~ply w~th a~d ~~bidc~ by'this tove~anl, or any parl harcuf, srid 1~1Gi2TGAGEE may ploce anG
pay (o~ suth insurantr er any part ~h4reof without waiv~nc~ or a(Fecling any option, lien, equity, or righl under or by virtue of this hlortgaye, and tht S ~
~ull amov::~ of each and every suc1- payn~,em ih~il be immediately due and pay:hle and shatl l,ear inter~st fron: ths date thcreof until paid at ~t,e rate o1
' nine per crntum per ar.num and to~eth~•r ~~iih s~~ch Iilta fC1f SI13I{ t)f: s..~.cred by the tian oE this moriyage.
4. To permit, comm~t or suf(er no ~vaste, impairmanl or d~terioratio~i oJ sa~d property ur a~~y part the~euf.
5. To pay all and singular the costs. thar~yes and expe+~ses, i~itWd~ng a reasonabte attorney's fee and cos~s of abstratts of title, incurred or paid at
any time b~r said MOCTGAGEE, b~cavse or in ihe e.rnt o! the tailu~e on the pan of the said MORTGAGOR ro dvly, pronplly and Eulfy p~r(onn, d~sch.~rge.
~•ecute, effec~, cemp!ete, comply wnh and ab:dr by each and every ti~e stipulat~ons, agreements, cond~tions, and covenants o~ sa~d pro:n~ssory nore and th~s
f morrgage any or e~ihe:, and sa~d costs; charges and expenses, rach anJ every, shatl, be imrcedlately dve ar,d payable; wheii~er or nui there bc not;ce d~-
mand, attempt fo coltect or suit pend~ng; and ~he full amount uf each and every such payment shall bear interea~ 4rom ~he daie thrreoi until paid at the
rate c( ninc per centum par onnu:n; and all sa~d tosts, char~es and axpr:~ie; inturred or paid, together ~wth such iroerest, shall be secured by the lien of th~s .
mortyage.
6. Th~t (a) ~n the e~ent of any breach of lhis Mortgage or dciault on tha part of the MORTGAGOR, ot (b) ~n ihe event any oF sa:d sums of money
' hercin referred to be ~ot promp!!y and t~Ily paid ~vithin ~t.irty ;30) daps rtext a{tcr tha same severally h~tome duc an~ payab!e, without deman~ or notice,
' or fc) i~ tha even! each and evecy the slir~ulations,- agrecm2nts, :ondit(o~~s and tovc~ants o( said pron,isscry ~ote di~d th~s mortgage any or ei~her are not
~~~ly, promptly and fuily per(urmeJ, d~schargLd, exec~?ed, ef(ected, complet_•d, compl~ed wiin and ab~ded Sy, then in e~ther er sny such evant the seid ag•
` gregata_ svm mentioned in said promissory notc than re~r~aining unpaid, ~vith interesl accrued, and all moneys secured he~eby, shall betome due and pay-
abte forthwi!h, or thereafter, at tl~e opt~on of s~~d ,410RiGAGEE, as fully arxi compietely .~s ii all of thr said sums oi money were onginally st~pulated
, to be pa:d on such dav, anything iri sa d prc,nissury note or in th~; ~.1o~rgaqe ro ihe con~rary norwi~hstand;ng; aud ~hereupon or thereafter at the op~~on of
, said A10RiGAGEE, witi:out not~c~ or demand, suit :.t law er in equi~y, therefore or Ih~reaftrr beyun, may be pr~setuted as if ell mor.ays sec~red hereby
, had maturttl pnor to iU inst~tutaon. ' -
- 7. That in the eve~t that • ~~e ueginn~ng of or at any tima aending any sUit upon ~his Mo~tgage, or to fereclose it, or to refcvm it, or to enforte
paymer.t qf anv cl~i~ns hereund~ ;a~d f.10RFGAGEE shatl appty lo thc Court having ;unsd:ction thereuf {or the ap~~oimment of a P.eo.iver, such Court shall
forth~vi~F. appoint a t_tei~er ~~f : ~ mertgaged propttly ail and singu!ar, ~nctucl~nq a~l and s ngular th~ income, proGls, issues and reve~ues from v~hatever
sour5e darived. eacf~ anu every .vbich, it be~ng expressly understaod, is hereby mongaged as if spe<~litally set forth and described in the granting and
, habendum c!avscs hereof, and suth Receiver sh~ll have aii the broad and effect+ve f~nct,ons and powers in any~4ise entrusted.by a Cowt to a Rrc~i~er,-a~:d
fuch appointment shall be made by suth Court as sn ad:nitted equiry anc~ ~ matter of abso:utr righ! to sa~d h10RTGAGEE, d~d witheut re~er:nce to the
. a~equacy nr inadequaey ot the vaiuc of the property mortc~aged or to the soivency o~ ~nsolventy o( said M~~RiGAGOR or the de(endants, and t?i31 su.h ~
rents, proFits, ircome, issues and revenues thalt ba appl~ed by such Receivtr accord~ny to the lie~ or equity gi said 110RiGAGEE ar.~_ ~e prauice of s~xh
Court. - . ~
' 8. To d~ty, prcrtiplly and (ully perform, discharge, execute; efFecr, com~lete, comply with snd abide by each and every the stipulations, agrezme~ds,
. tond~tio~s snd covenants In sai~ promissary note and th~s mortgage set fo:th.
' 9. Thrt in ihe ecent the ownenhip of ?he rnortgaged premises, or any part th'ere~f, becomes :~ested ir, a parson other than the MORTGAGQR, the -
MOR?GAGEE, its wccessors and ass~gns, may, without notice to 1he +.iORTGAOR: deal with such svccesse~ or n,ccessor in imerest ;vi~n refer~nce to tliis
" mortgaye ar3 the d~:bt hcreb~ secured in the same mar:ner as with R1or;gagor w~'hout in ar~y ~vay viliaiing or J~scharging the thortgagors tiability here-
under or upon the debt hereby secure~. No sal~ ef tne eremizes :~ereb~ r,orsgaged anu no iorbearance on the part af the /dOQTGAGEE or its succasson
or au~gns and no extens~on of the time (or the payrrent of tne debt hsr.;~,y secured given 6y Ihe /AORTGAGEE or ;rs successors o~ ass'gns, ,~~al1 operate
to re'•e~se, d~scha:ge, mod~fy change or affect the orig:nal tial~tity of the h10RTGAG04 herein, eilher in whol~ or in part.
10. It ?s spec+fitatly agreed that time is of tha essence of this cor.tract and that no waiver of any o6iigation hereundcr or of i:~e o~figation se-
, t~red hereby snalt at any tiine thereafter ue hetd to be a wai•~er ~f the lerms her~vf or of the instrumenl secwed hcrby. -
11. Ic add:tioa ro thc= fcrego'ng mo^th!y Fayments oi pri,u pal and inrarest required by the pronuszo~y no!e secured hereby, m~rtgayor covenants
'ard ag~ees to pay to mortgagee ~vith ench monthiy E>ayr.:er,t an add~r+onal sun~ e~t~:~:ared by mortyagee to ne ea~al to 1;~ 17 ot th,• an. val cost uf the iollo.•r-
- ing:
A-All real prop^rty taxes !e:i_d er asses::rd agai~~st tl~c above descri~ed « al estate.
B- Pren:iums on (ire ar.~ wi~sdsror,n insurar.ce as lierein requ~red to b~ carrir~d en the improveme~~s situate on th~ above d:sc.~bed Dre~ises.
C-Pre~nivrns e~ such n:ortg;;c., guarar.ty ir.s~rar~ce as mortgagee sh;ll fre^: !'r~e :o t~:ne ~~•em fit to tarry an the ioan secured he,eby.
' Nortgagce sha~l frcm time to time r.otify n:oriy-agor ~n r~riGng of th> amo~nt due and payable hereundar and such sum shaE! thereupen be due and
payab!e on th= d~e date of tfie nrxt mo~th!y payment and each su.ce;sive :r.o~th tFereaftcr ur,til mcrtgagae shall ~ot~fy mortgagor of a change in such
amovnT. Su~h w^~s shei! be apE:lied F:y mr~rtg3g~~e toward the paymen; of real property taxes, insurance prem:ums, and mori~ag= quaranty insurar.ce
premiums_ - . .
IN \'J17PJESS WHfR~OF, the said MOR?Gf,GOR has hereuato set iiis hand and seal the day and 'i /?irst afo• id
Signed, Sea~jed and deiive:ed,fn th~resence ofe ~ ~ '
~ FiLfl~ AN{, u~COR0E0 ~ • • ~
_ %;r., ~C'l; - ST ' UCiE ~u:;NTY FLA. ' Thomas . E3eranek (seaq =
riO~l t 3~1iRAS ~ )
- ,T- ~ .Seal
_ , - . CLE°M f "i1lT COURTt~ ~j. ` c~z t1. ~~~C\iY~~~ rc-ai
_ ~_2~~~ _ _ RECCF.~ ? .r:-- Grace ~l Beranek- ---c.~ )
STATE OF FLORIDA • - ' (Seal) _
• _ _ . ~ aPft3o- 2 2S~H'~~
COUNTY ~JF 5t . Luc ie ~ .
8efere me personaiiy appeared ThOTl15 ,1. i;eranek a~d
_ ~;1'c1CC' 1=,eranek hia w3fe, to me well knov:n a.^,d k~o::n to me to be
Ihe individua'.s described in and who executed the fo;egoing ;nstrumeM, and ac~nowtedged heiore me that they executed th~ same for the purposes
there~n expresse~. And the said G rHC2 . Reranek
wife of the said ThOn35 Beranek ~;:on a seFarate and private i
exam~natian by me taken separate a~d apart from her said husband, acknevvledued to ar.~ b~fore me that sha execUted said instrument frcefy and v~lun- !
tarity and v~ithovt any compu~s+on, constraint, apprehenzion, or fear of or from ber said F.usband.
WITtJESS my hand and officiat seal this_ ~~1 day ofi An i 1 ~ ~ A. D. 19~.~ _ ~
_ ' . - ~~7~, `4?
/~J~~~ / S
~ Nota~ P~btit in fo ,the State of f:orida at larg~ k
Y f
l15y Commiss~on pires: ' ~
_ - Retum To: rloiVr; c_,: J!"'~. C~ ir~r• ~tl ~
First iederal Savin~s b Loan A~~odation !.~y C-r,~r. t~:;::_c _'''•'r k
~ Of Fort- P,erce. ti.. • ~
' s B,ryr,J~:i r t~._ C.-•:•_. , =w. .
i,..:_.
Fort P~erce. Flen=~a - . ~
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4-~:~:.: , - _ ~
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This (nstrument Prepared By C.ary r. Ellwood - - ;~.~'a ~
- First Federaf Savings & loan Association - _ ; , ~ - ~
of Fort Pierc~ ~ Floricla ~ ~ - . _ = _ . . . ~
. • • , t- - , ;
~ Checked By ~ E~OQK ~t~ ~G~ " . ~ . G ' ' s
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