The URL can be used to link to this page

Home My WebLink About1360 ~ . ' ~ 9. To plac~ and contin~oualy k~ep on th~ bueldinys now o? h~reaftN sitwt~ on i~id lu~d ~nd on a11 eq~~pms~t and p~nonally covered by this morty- sy~, with ~II pr~mi~mi thtreon p~id in fvll, fire i~sura~ce in the ususl ttandard polity form, in a sum ~pprov~d by tM MORiGAGEE, and wind~tam , insur~ce in tM viwl t~andard policy fam, t~ • sum approved by tht N10RTGAGEE, in such company oi companies as the MORTGAGEE may ! dindt and atl fln and wirrlawrm insurancs polKies on anY of wid build~np~, any int~rest theroin or part thereof, in the aypreqat~ swn aforessid or j In ~xtssf thereof, shall contain ths uiual sundard mortgage~ tlause w tuch other tlause ss 1M Mort9agee may requue, makirp IM loss unde~ sa~d po1F ~ cies, each and every, paysble ro iaid MORTGAGEE as its interest may ~ppeu. ~nd each and eve~y tuch poliq shall be promptly au:9ned snd delivered to any held by said MORTGAGEE ss funher security to said mor~gage debt, snd, not less lhan ten (10) days in advance of the expiration o/ cach policy, to da live~ fo iaid MORTGAGEE a rsnewal thereof, to~ather with a receipt fa the premium of -•~ch renewal; and there shall be no fire o~ wi~ds?orm i~s~rants pl~csd o~ sny of said buitdings, sny interest therein or part thereof, un!eu in the fo~m and with the lou payable es afaesaid; +~+d in the event ~ny sum of money becomes payable u~ such poliq w policies said AtORTGAGEE shall have ths option ro receive and apply the same on accovN of the indebted- ness iecur~d hereDy ot to permif ssid MORTGAGORS to retsiw and use it w any part thereof tor othcr purF+osea, wiihout th_reb~ waivi~~g w~mpair- iny aey pvity, lien or right undar or by virtw of this mortqa9e; and in the event w~d MC'?TGAGORS shall fw a~y ~eason fail to keep the s~id premises so insured, or fail W delive? promptly ~ny of said po~Kies of insurante fo said MORTGAGEE, or fail promptly to pay fully any prcmi~m therefor w in any respM fail b pNfwm, d~scharge, execute, effect, tomplete, comply wi~h snd abide by this covenant, w any pa~t hereof, said MORiGAGEE may plxe +nd paY fw such inw~anc~ or ~ny part thereof without waiviny or aifectiny ~ny option. lien, equity, w r3gh1 under o? by virtue of this Mwtgs~e. and tM full artwvnt of tath ~nd ewry such payment shall be immediately due +nd payable ~nd shall bear interest from the date thereof v~til paid +1 tM rate of nine per centum per annum and together with such interest shall be secured by the lis~ oi this mortgsge. 1. To p~rmit, tommit or suffa ra wute, impairment w deterioration of said prope~ty ot any paA lhereof. 5. To pay all x~d ungular the costs, charges and expenus, including a reaso~able attwney i fee and costs of abstracts of title, incuned w paid at ~ any time by said MORTGAGfE, because a in the event of the failure o~ the part of the said MORTGAGOR to duly, promptly snd fu~ly perform, dixharge. executs, effect, compkte, comply with and ab:de by each and every ~he stipulations, agreements, cond~tions, snd covenann of said promissory note and this ~ mortgsge sny w either, and said cosb, chuges and expenses, each a~d every, sF?all be immediately due and payable; whether w not the~e be notice de mand, attempt to collect w suit peoding; and tha futl amouM of each and every such payment shaii bear iotercst from the date thereof untit paid af ihe i rate of nine per centum per annum; and all said msts, charges and expenses i~curred or paro, together w~th suth interest, shall be secured by the lien of thi~ mortqsye. ~ 6. That (a) in the event of any brsach of this Mwtgage or default on the part of the MORTGAGOR, o~ (b) in the event any of said sums of mo~ey herein referred to be nol promptly and fully paid within th~rty (30) daya ~ext atter the same severa!ly become due and payable, without demand or notice, or in the event each ~nd every the stip~Iations, agrcements, conditions and covenanta of sa:d promiuory note and th~s mortgage any o~ either are no~ ~uly, promptty aRd fully perfwmed, dixhsrged, executed, effected, completed, complied w~th and abided by, thcn in ei~her w+~Y such eveN the ssid sQ~ gregate wm mentaned in said promisswy note then remai~ing unpa~d, with iroerest accrued, and ail moneys setured hereby, shall bctonx due and pay- able forthwith, a thereafter, at the option of sa~d MORTGAGEE, as tully and complNely as it alI of ~he said wms of money were aginatly stipulated to be paid on suth day, anything in said promissory note or in this Mortgage ro the contrary notwithstanding; and thereupon or thereafta at the opt~on of said MORTGAGEE, without notice o~ demand, suit at law or in equity, thtrefore or thereafrer begun, may be proxcuted as if all mor~eys tecured hereby had maWred prior to its institution. 7. Thst in the event that at the beginning of w at any time pending any suit upon this Mortgage, o? to fweciose it, w to reform it, or to enfwce payment of a~y claims hereunder, said N10RTGAGEE shall apply to the Courl having ~urisd:ction thereof for the appointment of a Receiver, such ~ou~t shall Forthwith sppoint a receiver of said matgaged prooe~ty afl and singulsr, includ~ng all and singular ~he income, prof~ts, issues and revenues from whatever sourte derired, each •nd every of which, it bei~g expressty undersrood, is hereby mor~gaged as if spet~ficafly set fwth and described in the granting and habendum clauses hereof, and such Rcceiver shall have all the broad and eifective funcuons and powers in anywise entrusted by a Court to a Receiver, and s~ch sppointment shall be made by such Court as an adrnitted eq~ity and a matter of absolute right to said MORTGAGEE, and without reference to the adequscy or inadequacy of the value of the property mwtgaged or to the sotverxy w insolvency of said MORTGAGOR w the defendann, and that such rems, profits, income, iuves and revenues shall be applied by such Receiver according to the 1'ien or equity of uid MORTGAGEE and the practice of such CouA. 8. To dvly, promptly snd fully perform, discharge, execute, effect, mmplete, comply with and abide by each and every the stipulations, agreemenb, ; conditions snd covenants in said promissory note artd this mwtgage set fath. 9. That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a person other than the MORTGAGOR, the ~IAORTGAGEE, its successors and assigns, may, w~thout notice to the MORTGAOR, deal with such successor or successw in inferest with reference to this mo~tgage and the debl hereby secured i~ the sarrse manner as w+~h Mortgagor w~thout in any way vitiating or discharging the Mortgagori liability herr under or upon the debt heteby secured. No sale of the prem~ses hereby mortgaged and no forbearance on the part of ~he MORTGAGEE w its s~ccessors or assigns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGE'_ or its s~ccessors or au~gns, shall operate ~o release, d~scharge, modify change or affect the original (iao~lity of the MORTGAGOR herein, either in whole a in part_ 10_ It is speufically ag~eed that time is of the essence of this contrad and that no waiver of any obligat~on he~eunder or of the obligatiw~ sr ` cured hereby shall at any time thereafter be hefd to be a waiver of the terms hereof w of the instrumem secured herby. Il. In add~tio~ to the fwego:ng monthly paymants of princ'pal and interest requered by the prom~ssory note secured hereby, mortgagor covenants and agrees to pay to mortgagee vvith each monthly payrnent an add~rional sum estimated by mortgagee to be equal to l,/12 of the annual cost of the follow- ir~g: A-All real property taxrs levied or assessed agai~~st thc above described real estate. B-Premiums on fi~e and windstorm insurance as herein requ~red to be carried on the improveme~ts sitvate on the above described premises. C-P~emiums on such mortg3ge gvaranty insurar,~e as mortgagee shall from tfine to time deem fit to carry on the loan secured hereby. Mortgagee shall from time to time notify mortgagor in writ~ng of the amou~t due and payable hereundrr a such sum shall thereupon be due and Fayable on the due date of the next monthly payment and each successive mo~th thereaft_r ur.til mortgagee s notif mortgagw of a change in s~ch amount. Suth sums shail be applied by mortgagee toward the payment of real property taxes, insurance pr ms, mortgage guaranty insurante ~ premiums. f ; IN WITNESS WHEREOf, the sa~d MORTGAGOR has hereunto set his hand and seal the day and r irst a esai . k Signed Sealed and d ivar in the prese~ce of: ~ , FILEO AND RECORDEO ~n j ST, l.UC1E COUNTY. FLA. ~ :tc.~~::^ titEP.t~lFD •n ~ i'79940 ~n ~ STATE OF fIORIDA ~6 V~t~'1 2~ P~ •~O ~ ~ ~ iO~ couN7Y oF S t. L uc ie 1 i~, ~ - ~ Befae me personally appeared Austin I.. B ~OITRAS e~ ~ Dorothy A. Brogan ~~ERK CIRCUI his wife, to me well known and known to me fo be ~ the individwls destribed in and who exetuted the foregang instrument, and acknowledged before me that they executed the same fa the purposes ~ tn~.~~~ exae~.~d. n~,d ~r~ ~~d Dorothy A. Brogan _ ~ Austin L. IIrogan „ , „fe.~ ;~.r. i wife of the said Po^ xP+ W examinetion by me taken separote and apart from her said husband, ackr?owledged to snd befwe me that she exetuted said instrument fteely and vol~rr ~ tarily and without any compuision, constraint, apprehension, feu of or from her said husband. - WITNESS my hand and official seal thi dsy of `j~ A. D. 19 69 i £ otary Public in and ior the State of Florida N lar~~ ~ My Commission expires: ~ a~f~?~ To: Not~? P~bGc. St~k ot Flaida at luye r Finf feders) Savingi 3 Loan Association ~ ~ - ; iJ1~ Coa~aiissio~ E:pires Sept. 23. 1969 Of fort P~erce. M~N/ b A.rfw fiw i C+swtr G- ~ Fort Pierce. Florida ' ~ , L . ~ ~ ~ V_ , , L_ ~ ~ ~ - 1 e ~ ~ This Instrument Prepared By John . Co2~.i~ ~ First Federal Savings b loan Association ~ of Fort Pierce~ Florida _ , ; nQ ~ . : ~ Checked By aooK ~78 P~~E~359 ' ~ ~ ~ - ~ ~ ~ ~ , cf - _ . . _ . _ : : ~..~k~