HomeMy WebLinkAbout1875 To pl~a ~nd ca+tinvov~h kNP o~ ~I+e build~nyf now w hKeattN situat~ on ~aid land ~nd a+ ~II pvipm~M ~nd p~?w~?aliy cover~d by tAi~ matp~
with all pnmiwn~ tF?K~oe~ p+~d in f~14 fir~ insurance in ~M ~su~l sundard policy form, in a sun? ~pprowd by tM MORTGAGEE, u+d winds~an~ a
insvrsna in tM ~nw! tqe+d+.d pol~cy fam, in • ium ~pproved by tl+~ MORTGAGEE, in sucA company w compan~es as tM MORTGACsEE ~n+y ~
dinctp and dl f{r~ u?d wind~torm insw~nc~ policiea on any of iaid buildinpa, a~y int~~at tF+erei~ a part tMr~of. in tM +~grep~t~ ~~n? ~fwesaid ot
in ~auss tF~wf, sMll contain th~ ~swl standud mortgages clavse or such o~ha claus~ +i th~ Ma.t9aga~ may rpuw, m+kinp tiw Iwi unda s~~d pol} i
ci~~. ~ach ud ~wry. p+Y+bl~ ro said MORTGAGEE its interest may ~ppear, and each and pvery tuch policy shall be promptly +s~:9ned ~^d d~liver~d ro 2
any h~W by ~aid MORTGAGEE ~s further kcwity to.said mortgage dsb1, ai+d, not I~s than 1e~ l10) d+ys in advance of th~ •xpirat~on of each poticy, to dr ~
liv~r ro s~id MORiGAGEE • ren~wal th~r~of, 1oqe~hu with a receipt for the pr~mium of such ~enewal; and ~her• shall b~ no f~re a windsiam insv~ana }
plit~d on a~y of aid bulldinQs, ~ny intereit tMrein a part the~eof, unless in tl+e form ~nd with ths lou payabk at a(aesaid: +nd i~ the evenl any tum ~
of moMy b~canq p~yable w~d~~ tuch policy or policas s+id MORTGAGEE shsll Mw ths option ~o roce~ve snd apply the same o~ +ccount of tM indebted~
n~u s~cy~~d hK~by q w permit s~id MORTGAGORS 1o receive and us~ h w anY part thereof fw othcr purposes, wi~hout thrreb~ waiving or unpair- y
Irp any puity, lien w ripht uode~ w by vktw of thia morrga~e; ~nd in 1M ~ven~ ~+id MOR~GAGORS shall fw any reasoe? fail to keep the iaid p~emisr~ so ~
insured, a fail M dtlivet promptly ~ny of iaid polities of in~urance to said MORTGAGEE, ot (ail promptly to pay fu~ly ~ny premium thcrefor w in any ~
~~sp~ct fail b pNfwen, dixharpe, ~xecute, ~ff~ct, complete, comply wi~h ~nd abids by this covenant, a any part herwf, :aid MORTGAGEE may p~+cs and
paY fa such Irourar~u a ~ny pa~t tl+Keof wi~hout w~ivinp w~ffectlnp ~ny op~ion, liao, eqv~hr. or rpfit undK or by virtw of this M«t9aye. and tl+e
full arno~nt of sxh and ~very wch payment sh+ll be immedi~tely dw ae?d payaW~ ~nd ~MII be~r intmes~ from ~h~ dat~ thereof vntil paid +t tM ral~ ot
nine pe~ centum ptr sruwm and together with such interat shatl be secured by th~ lien of tFw mortpaye. ~
To petmit, commit or suffa r?o wastt, imp~irme+~t a detaior~tion of uid property or any psH thereof. ~
S. To pay ~II ~nd sinpular th~ costs, charpes and expenus, incl~dinp ~?easonable attwney's fee end costs of aMtracts o( tiHe, incvned or p+id at ~
any tin+~ by ~+id MORTGAGEE, b~cause a in the ~vent of the iailu~e on ths part of tM said MORTGAGOR to duly, pranptly +nd ivuY pe.fwm, d~xhsr~
~xecut~. ~ffact, compt~t~, comply with and ab:de by each ~nd every tF+e stipula~iona. ~y~eements, conditioni, and cov~nann of iaid p~omissory note and thii
rtwrtqap~ ~ny o? ~itha. and said tosts, cMryes ~nd expenses. c+ch and every, sMll be immediately due and pay~ble: whether a not ~here be r.o~ice de~ ~
msnd. ~ttempt to oolkcf ot suit pendingj ~nd the full ~no~M of each a~d every wch payment ihatl bca~ intsreat fran the date tAereof until p~id at the ~
rete of niM pa antum per ~uwm; ~nd all sacd cosn, charges and expenses i~cwred or p~id, together w~th sueh Inter~st. shall bs sec~red br the lien of tha
~+wtpp~• ~
6, ih~t (a) in the ewnt of My breach of this Morigsye or defa~lt on ths part of the MORTGAGOR, or (b) in the ~vent ~ny of ~a~d sums of ~+oney
herttn r~f~rr~d to be not promptly +nd fully paid within thi?ty (30) days next after the same severally becom~ d~e and payable, without dtmand w notice,
or (c) h tM wem each ~nd every the stipulations, sgreements, conditions and coven+nts of a:d promisso~y note and this ~wrtyape any o~ either ~re nof
iuly. ptompNy u~d fully performed. d~tcharged, executed. effected. completed, complied wirh ~nd +bided by, then in either w sny tuch ~wm tM s+id a~
prsp~t~ wm mtntaned in ssid promissory note tjien remaining unpaid, with interest ~cuucd, and alt moneyi secured hereby, sMll become dw and p~y~
eb~• forthwith, a thereafter, ~t the option of said MORiGAGEE, as fully and completely as ii ~II of the said wms of money wcre oriqinalty ~tipulatcd
ro b~ paid on suth day. anythinp in said promiuory note w in this 1Nortgage to the conrrary notwithst~ndirg: and therevpon or thcreafter at the option of
~aid MORTGAGEE, without notice or dem+nd, wit at bw or in puity, thereforo or theresfta begvn, n+aY b~ prosetu~ed as if ~II moneys sacur~d haeby
nail m.n?r.d pri« ro ~n insrinnioo.
7. That in the avent that at the beginning of or ~t a~y time pendirg ~ny suit upon th7s Matgsge, or to foreclos~ it, or to roform it, a to enfo?a '
payment of any daims herevndet, said MORTGAGEE thall apply ro the Court h~virg jurisd~d:on thereof fa the appointment of ~ Reteive~, such Court shall .
forthwkh appoiM r reuiver of sa'~1 morigaged property all snd singular, includ~ng all and aingular the incortw. profits, issues and revenues from whatsver
wurc~ deriwd, eath and ewry of which, it beinp expressly understood, is hereby mottgaged as if speciiitatty set fwth and desuibed in the 9ranting and
hsbend~m clauses hereof, and such Receiver shall have sIl the broad and effective funct~ons and powers in snywise eMr~sted by ~ Cou~t ip a Receiver, snd
such appointment shall jx made by such Cwirt as an admitted eqvity and a matta of sbsolute right to s~id MORTGAGEE, and without reference to tM
adequscy a instl~quacy of tl+s value of the property mwtgaged or to tF?e wlvency w inwlvency of u~d MORiGACsOR a the defendants, and that such
rent~, profid, income, iuues and rovenues shall be spplied by such Receiver accordi~g to the lie~ or squity of s~id MORiGAGEE and the pr~ctiu of such
Cou~t. _ i
6. To duly, promptly .~a r~iti ~to~, a-~r~?9e, e:ecute, effect, cornpkte, comply with ~nd abide by each ~nd every the stipulatioos, ~greamsnn,
conditions ~+d coven~ob in aaid promissory note and this mortgage ut forth.
9. That in tht event the oMrncrship of the mortgsyed premises, w any part thereof, becomes vestd in • penon other than the NWRTGACsOR, th~
MORTGAGEE, its successon and suig~s, msy, without notice to the MORTGAOR, de+~ with such succ~ssa w successa in interest with rsference to this
mwtyp~ ~nd tM dtbt hereby secured in the ssme manner as with Mortgagw without in any way vitiatinp w dixharging ti~e Mortq+go?s' li~bility her~-
under or vpon th~ debt hereby secured. No s~le of the Fremises hereby mongaged and no fwbearance on the part of tFa MORTGAGEE o~ iri tucceuors i
or euighs and no extens'ron of the time fw the paymem of the debt hereby secured given by the MORTGAGEE or its successors or usigns, shall op~rat~
ro release, diuMrpe, rtadify charge or affett tMe orginal Iiab~Gty of the MORTGAGOR herein, either in whok w in part.
10. It ia spec~fically agreed that time is of the essence of this contract and th~t no w~iver of any obligatan hereunder or of tM oblip~tion sa
cured hereby shall at any time tF~ereaher be held fo be a waiver of the terms hereof w of the instrumeM setured herby.
11. In add~iwn to the faego:ng monthly payments of princ"pal and interest required by the promiuwy note secured hereby, mongagw covenants
and syrees to pay to mortgagee with each monthly payment an addiiwnal sum estimated by mortgagee to be eqval to 1/12 of the annual tost of the follow-
ing:
A-All real property taxes Mvied or assessed against the above deuribed real estate.
B-Premiums on fire and windstorm inswance as herein requ~red to be carried on the improvemenri situate on the sbove desuibed premises.
C-Premiums on such rtwrtgage guaranty insurar.ce as mortgsqee shall from time to time deem fit to tarry on the loan secured hereby.
Mortgagee shalt from time to time notify mortgagor in writing of the amount due and payable herevnder and such sum shall thereupon bs due and
~ payabk on the due date of the next monthly payment and each svccess7ve month thereafter urtil mwtgagee shall notify mortgagw of a change in such
I amount. Such wms shall be apptied by mortgagee ~oward the payment of reel property taxcs, insurance prem:ums, and mortgsge guaranty insurance
premiurtn.
IN WITNE55 WHE , the ssid MORTGAGOR has hereunto ut his hand and xal the dey and yesr fint aforesaid_
S~~ live?ed in tht pyesence of: ~
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r ~s.~sq
STA1E OF fLORIDA ~
St. Lucie ~
COUNTY OF
defore ms personally appeared Fr nk A Brennan ~nd
T.SVB BI'eI1T1811 his wife, to me well known and known to me to bs
rhe individwb dewibed in ued who executed the foregoirg instrument, and atknowkdged befae me t1?at they e:ecuted the same fw the purposes
r?iere6, ~xP.essed. Md t?» s.iJ Eva K Brelulsn -
wife ~ th. ~~a Frank A BI'9Y111aI1 vpo~ a separste and prnate
examir?~Yan by me taken separate and apa?t from her seid husband, acknowledged to ~nd before me that she executed said II13fNrt1QI11 ffl~IY ifld ~IOIUM
rarily and without my compulsion, constraint, apprehension, fear of w from he? aid husband. •
~~~~~u,•,
WITNE55 my hsnd ~nd official seal thi~ ~ day of t~~~~~ .f?t`O~~ 19~ib_
. .ti
: `c,.;;:
tary Public in arx! for The ~tate ,~fbti~` ~~i:~s'- % i
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My Commisaion ~xpires: %:1Y~~;; . i : :f
Return Ta • = . q . ~ - _
fiat Federal Savings 3 Losn Association '~y~,,,~~ ~ y•,''
Of Port Pierce. QED t'{- .~~,v.iU~
~ P~~.«, florida FII.ED AN~ R NTY FLA. - S+'•`.' ~r~;~a"`•:'`~`~ '
ST. LUCIE COU • '~~~-,-:~%~i~....••;:•, -
NpTARy pUBUC. STA1E oi FLORIDA ~t IARGE RECO n VERIFIEO `J
MY COMMISSION EXPIRES APR. 24. 1959 , ~ • _ ~ • . ,
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'66 JUI. Z I Pa ~2 ~ ;
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. 14'709~ `
::o:~_~? :~o~TRc.s
CI.ERK CIRCUI'f COURT ~
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: , BOOK
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