HomeMy WebLinkAbout1875 To plac~ ~nd continvou~ly kcap on the buildtng~ ~ow a here~fttr siruaq on iaid land and on all cq~ioment ~nd ptnonaliy cov~red by thi~ mort¢
sgs, with all premiu~s ~he~con W~d in full, {ire insurance in the uiual srandard poticy fwm. a sum approv~d by tM MORfGAGEE, and wind~tart~
insur~nc~ In fM utusl tundard policy fam, in • ~um approred by ~he MORTGAGEE, in such company w comP+~~n +s iM MORTGAGEE may
di~Klj and ~tl flr~ and wi~d~ro~m insu~ance poticie~ a+ any of iaid build~rqs, ~ny interest therein o~ part thereof, in tM +ggreyat~ sum afor~isid o~
in ~xtets thcreof, iMll tontsin tM uw~l uandard matgsgk clavse w iuth o~her clause +s tM Morlpages may requ~r~, m~kinp ths lou undet uid po~F
ciN, ~sch ~nd every, payable to ssid MORTGAGEE as its intere~f may +ppta~. +~d e+ch and ~very such policy shall b~ promptly +u:9~ad ~nd tk~~~e+ed ~o
eny held by s+id MORTGAGEE ~i (u~tF~er security to s+id matpage debt, and, not leu than te~ (10I days i~ adv~nce of the eYpir+tion of each pol~cy, 1o de-
liv~r to said MORTGAGEE ~ renewal thereof, lo9elher with • receipt fa the pren+ium of ~uch renewal; and thera sl+all b~ no fir~ w windstorm in~ur~nc~
pl~ctd on +ny oi aid buildiry~, +e?y interest therein or p+rt tMreof, ~nle~s in the fonn'and with tht loss paY+blt ~s afwesaid; ~nd in the ~vent any sum
of mw+~y becoma p+Y+ble under such potity w policies said MORTGAGEE shall Mw tM option ro receive and apply th~ iaen~ on account o~ tM i~+debted-
neu ~scvred hlteby or ro permit said MORTGAGORS to receive and us~ it Or •ny psrt thereof for othe? purposes, without ~he~eb/ waivi~y w~mpair-
inp any puiry, lien or ripht unde~ or by virtw of this mozs9age: ~nd in tlx ~ve~t sa~d MORTGAGORS shall iw a~y ~eazon fail to keep tl+e ~aid premises w
ins~red, w iail ro deliver promplly ~ny of said pol~cies of insunnce to s~id MORTGAGEE, w fail promplly to pay fully ~ny premium therefo~ w ie any
rssped fail to p~rfocm, dischuge, execute, effecl, complete, comply with and ab~de by this covenant, a any part hercoi, said MORTGAGEE may pl~ce +nd
paY for ~uch inwrance or any part thereof without watving or ~ff~ctinp any option, lien. eqvity, o+ righ~ unda w by virtus of ~hii Ma~9+ye. and the
4uI1 ~mo~nt of each snd ewry iuch payment shall be immedistely dw and payabls and sF»II bear interca~ from tM dat~ thereof until paid a~ ths rat~ ot
n~ne psr centum per a~num and to~ether with such intcrest shall be secured by ths lien of this mortgage.
1. To permit, commit or suffa no waste, imp+irmcnt w deteriw+tan of said p?operty w ~ey p+~t thereof.
5. To pay all and iinpulu tF+e.costs, charges ~nd expenses, i~cludiny a reasonsble attaney's fee and coits of ~bstracts of title, incurred or paid at
sny time by said MORTGAGfE, bacause w in the event of the failure o~ the part of tl+e said MORTGAGOR to duly, promptly and fully per(wm, dixhar9e,
execute, eited, complete, comply with and ab~de by each and every ~he stipulationa, agrcerrKnn, conditions, and covenann of ssid promissory note and this
mortg~e any w ei~her, and sa~d cosn. cMrges and expernes, each and evcry, shalt !x immedistely due and psyable: whNher w not ther~ be notice de
msnd, attempt to colkct or suit pend~r+g; and the full amo~nt of each and every si?ch payment sl+~ll bea? interest from the date ~hereof until paid ~t the i
rare of nine per centum per annum; and all said costs, charges and e~epcnscs incurred or paid, together with s~ch interest, ihalt be s~cured by ths litn of thu :
mortpape. ~
0. That in the event of any Mesch of this Mwtgage or defauh on the part of the MORTGAGOR, or fb) in the event a~y of ssid sums of money ~
herein referred to be not prompny and fully paid within thirty (Z~) days nexl after the same xverally become due and p+yable, without demand w notite. ~
or (c) in the ev~nt each ~nd every the stipulations, agreemeros, conditions and covenann of sa~d promisaory note and th~s mortgage any or either are no1
iuly, promptly +nd fully performed, d~xharged, executed, effectcd, completed, complied with and abided by, ~hen in either or any such ev~nt the said +g t
yressb sum mentioned in said promissory rwte then remaining unpaid, with interest atuued, and all moneys setu~ed hereby, shall betome dw ~nd pay-
sble fathwith, w theres(ter, at the optior~ of said MORTGAGEE, as fully and canplctely as if all of the said wms of mo~?ey were origin~lly sGpvlsted
to be paid on such day, anything in sa+d prom~uory note w in this Mortg~ge to the cw+usry notwithstanding; and thereupon or thereafte? at the option of
said AhORTGAGEE, without notice w demand, suit at law or in equity, therefwe w thcreafter begun, may be prosecWed as if all moneys secured hereby
had matured priot to its institution.
7. That in the event that at fhe beginning of a st any time pendirg aoy :uif upon this Mortgage, or to forectose it, or to reform it, o? to enforce
paymeM of any claims herevnder, said MORTGAGEE shall apply to the Court haring jur~sdiction ~hereo( fw the appo~ntment of a Receiver, such Coun shall
io~tliwith appoiM a rtceive~ of said mwtgaged prope?ty all and singular, includ~ng all and singular the income, profits, issucs snd revenues irom whatever
wurce derived, each and every of which, it being expressly understood, is hereby mortgaged as if speciiically xt fwth and desuibed in 1F?e pranting and
habendum clavses hereof. and such Receiver shall h~ve all ~he broad and effective fund~ons and powers in anywise entrusted by a Covrt to a Rec~iver, and
s~ch appointment shall be made by such Court ss a~ admitted equity and a ma~ter of absolute righ? to said MORTGAGEE, snd without refere~ce to the
edequscy or in+dequacy of the value of the property mwtgsged w to the wtvency or ~nsolvency of aaid MORTGAGOR or the defendants, and that such
renis, profits, income, issues and revenues shall be applied by such Receiver according to the lien or equity of said MORTGAGEE and the practice oF such
Courf. s
8. To duh, p?omptly and fully perfwm, diuharge, execute, effect, complete, comp!y with and abide by each and every the stipulatio~s, agreements, )
conditiont s~d covenams in sa~d {xomissory note and this mortgage set fa~h.
9. That in the event the ownership of the mortgsged premises, w any part fhereof, becomes vested in • person other than the MORTGAGOR, the 1
MORTCsAGEE, iri successors and assigns, may, without notice to the MORTGAOR, deal with such successor w successor in interest with reference to this i
mortgage and the debt hereby stcured in the same manner as with Nbrtgago~ without in any way vitiating a dixharging the Mortgagors' liability herr _
under w upon the debt FKreby secured. No sale of the prem~us hereby mor~gaged and no forbearance on the part of the MORTGAGEE or its successors
or assigns ~nd no extension of the time for the payment of the deb~ hereby secured g~ven by the MORTGAGEE or its svccessws w ass~gns, shal) operate
~o release, dixharge, modify change or affett the orginsl liaoility of the MORiGAGOR herei~, either in whole or in part.
10. It is speuiically agreed that time is of the essence of this contract and that no wsive? of any obligat~on hereunder or of the obl'gstion st
c~red hereby shall at any time thereafte? be held to be a waiver of the tcrms hereof w of the instrvment secured herby.
I1. In add~tion to the fwego:ng monthly payments of princ"p~l and interest required by the promissory rwte secured hereby, mortgagor tovenants
and sgrees to pay to mortgagee with each monthly paymeM an add~rional sum estimated by mortgagee to be equal to 1~12 of the annual cost of the follow-
;,,y,
A-All real property taxes leiied or assessed against the above described ~eal estate.
B-Premiums on fire and windstorm insurance as herein requ~red to be carried on the improvements situate on tl~e above described premises.
C-Premiums on such mortgage guaranty insurar,ce as mortgagce shatl from time to time deem fit to carry o~ the ban secured hereby.
i Mortgagee shall from time to time notify mortgagor in writing of the amount dve and payable hereunder and such surn sha:l thereupoe be due and
E payaWe on the due date of the next manthly payment and each successive month thereafter ur.til mortgagee shall notify mortgagor of a change in such
, amount. Such sums sF.all be applied by mwtgagee toward the payment of real property taxes, insurance prem,ums, and mortgage g~aranty insurance
l premiu
E WITNESS W E, the ssid MORTGAGOR hss hereunto set his hand and seal the day and y r fir af eaaid ~
~ a ed in t~?e preserxe of:
~ ~ ,n
~ ~n
~s~•n
~ ~se.q
~ ~
a STATE OF FLORIDA ~
~ COUNTY QF St . LuC i C ~
Before me penonally appesred John Robert Brewster
Barbara P. Brewster his wife, to me well known and known to me to bs
the lndividwls described in and ~vFw executed the foregoing instrument, and atk~owledged before me that they executed the same for 1F~e purposes
~ therein e:pressed. And the said Barbara P. Brewster
wife o4 the ~aid John Robert Brewster upon a sepuate and priv~ts
examinstion by me tsken scparafe and apart from her said husband, acknowledged to and before me tlut she executed said instrument freely and volurr
tarily and withovt ar~y compulsan, constraint, apprehensi or fear of or from her said husbsnd.
WITNESS my ha~d and official seal this day of b uar q. p, ~q G8
~
~
= Notary lic io snd for the State of fbrida af large
~ My C misiwn expires:
Return To:
~''r
firsf Federa! Savings 3 loan Association ' ~
~
~ Of Fo.~ P~erca ' ~:::t j Y~~~lu, State ot Florida ai iarq! ~
~ Fort Vierce, Florida r Cpnmission Expires Au 6 19~1 f
_ i ' 1 low6~d h~~ fi~ b C++wP1 C.~
~ This instrument prep2r°~ t~y - - _ ` `-s : RDED
~ first eder~l SaV. & L^~7 A: ~n- ~ ° FILED Q~lD RECO
~ - ~ ' L Si. ~UC~E ~rUl:TY. FL: .
~ of Fort rc~ ~ ~ . , , _ • ~ -
~ By~ - ` ~ 1646i'7
~ ~ ` 'S~ cEF, Z! r;•1 i~ : 47
~ ` ° ~K~.70 ~~E1870 _
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