The URL can be used to link to this page

Home My WebLink About0071 3. To p'.,ce a~~d co~~rinu~utiy keep on the bu~:dmqs novv or hrreafrer s~tu~re on s~~d I~nd and on al+ eq~~p~nent and personally tover~d by this mor vvlth al! pror.,:u:~:s th~•i~~on E,,,d ~n f~ll, Lre ins~rancr ~n ihe us~~i st~~,dard po'ic/ lorm, ~n a s~~~~ ar~~u+cd by the P1"vR "v::GEf. a+~d w~:~dsta s:~anc~• in ~h.~ ~sual sta„d.;.d pot,cy (orm, in a sum oHpruved by the h10RIGAGEE, en wch company or tomJ:an~es as ~ha A',ORTvAGEE m ~i ~;ct; and atl fire a~.d w~nJs~orm inawance pol~c~es on any of sa~d bui:d~ngs, any interrst ~he~e~n o~ par~ ih~•reof, in the aggr~y;~e sum afo~es~id rac.•sa Ihrrcof, s~~aN :ont..in the ~s:,:.l stand.;rd mortgagee ti~~se or Su[h other tiause ds the h{oityagec may requ;re, makii,g Ih~ ,osi undar Sa.J po s cech and every, pay:rt~.'e !o sa~d l.tORiGAGEE as its in~cresf may appear, and eath and every such po:~c~ s~~all ue promNtly ass ynrd ~~~d da:i+a:cd he~d b~ sa;d :.tORI~',.AGtE as fur~her s_curity ro said n,ottga3e drbt, and, no~ Iess than ten li0) Jays in ad.:~~~ce of ihe eap~rat~on of each ~t~cy, to d~ .tv to s~~d '~1pRfG~GEE a ~e~~ewo~ th~reof, fogether with a receipt for ~he pir~nium ol such iene,rVal; a~~d ~hrre shail b~ no i~re or wi~~dstcnn insurant +c~d on any of s~ d~u~!d~nys, any interest thrre~n or pa~t thcreoi, vnlcss in the ionn and with the lois pay~ble as afcresaid; and in the e~ent a~y sun or n,oney bc•co~nrs payab'e ~ndrr such policy or poficies safd MOk~GAGEE sh,1l have the opt;on to rec•_ive ~ud apF:y r~~a sa~ne on account of the indai~f~•d ~_•ss se,:,ic~ he:rubf W ~v permit sa?d MORTGAGORS to ?eeeive and use it w any pa~t ti~e:eof tor o:n• ~ i.ur~ ~s,•s, ~.~ri~o.:t ~hr., cr ~~~;p~:r ~~1 any equ~ty, l~en or r~yhr undcr or by virtue of this more7age; and in ~he even~ sad h1ORTGAGORS shall fo~ any rcason fail to ketp ihc sa~d p~em:ses so ~ su~<d, or fait to d:l~•.er p:on~pr~y any of said pol~cias of inswance 1o sa;d MORTGAGEE, or faif prompNy to pay fu:ly any premi~m therc4or or in any ~:>;cU Ia~~ ~o ~rform, discharge, exacute, e(fect, canpletr, co•rply wi~h and ab~de by this cuve~~ant, or any part hareof, s~~d MORTGAGEE may piace a•~o F.: ; for s~ch i~s~r.~nce or any part thz+cof w~thout wa~ving or affec~ing any option, Gen, equrty, or ~~3h! unde~ w by virt~e of th;s hlc~tgage, and the . ~ mno~nt of each and c.ery suth payment shall be :m.mediately due and payable and shall bcar inte~est 1rom th.: data thercoi until p:.id at the rate o1 e F~~~r c~nrwn por anrwm a,~d to~rther with such interes~ shall be secured 6y the lien oi this mortgage. d. To permit, commif o? suifer nc waste, impairment or drterioratio~ of said property or any parf thereof, ~ 5. To pay all ond sing~iar the tosts, charges and expenses, including a reasonable afto~ney's fee and costs of absfracts of title, incurred o~ paid at , t~~~:e by s~~d At"uR1GAG`_E, beca~se or in the event of the failure on the part of the said MORTGAGOR to duly, promptly and fully parform, d~scnarge •:~te, effect, ce,np;rte, ton.ply w~th and ab:de by each and every the stipu(atrons, agree~~ents, eo~ditions, and <ove~anes of sa~d pro:r,issory note a:~d ~h;s ~•-rysge any or e~rhe~, r.:d sv:d costs, charges and expenses, each and eve~y, sha11 be immrdiatety due and payab!e; whrther or nat rhere be nor~ce d~ ~tte~npt to co~i..-ct or suit p:>~dmg; arxl the fu11 ameunt oi each and e~ery such payment shall bear intcrest (rom ihe date thereof until paid at the o° ~.~:ie per c~~ntu~n F,r; a~:~~u:n; and aii said cozts, charges and ex:;;.~~eses +nturred w paid, togather w~th such int~resl, shall be sewred by tfie lien of th~s ~ rtgage. 6. That (a) in the event of any breach of this Mortgage or default on the pa~f of the MORTGAGOR, or (b) in the event any of sa:d sums of money r•~in tr{~rrad ro be norprc~np!iy and fully paid wi~hin th,rty (30) ~ays next a?ter ihe tame seve~a:;y become d~e and payablp, wi~hou~ demand or notice, 'c) in th~ evzm aach and every the s~ipu.ations, ag~eements, condincns and covenants of sa,d promissory ~ote a~~d th~s murtgage any or e~~her are not 1:'.y. promptly anJ i=,tty performed, d scharged, executed, effected, tompleted, tompl~ed wfth and ab~ded 5y, then in ei~her w any such event the said ag- ~a•e sum rn~n!:o:eed in sa,d prom;ssory r.ote then remaining unpaid, with interest actrued, and ail mon~ys setured hereby, shall become due and pay , fcrthw~th, or t4,ereaie~r, at the apr~on of sy~d MORTGAGEE, as fuily and comp;eTely as if alI of the sa~d s~ms of money were onginady snpu:ated • r pa.d on suth d:.y, ar.ylhing in sa.d prom~ssory ~ore or in this Rlortgage to the contrary not.viihsrand~~~g; and thereupon or therealter at the op~~on of f h10RTGAGEE, ~.nhout not~ce or de~nand, suit at !aw ot in equ~ty, therefore or thereafier begun, may be prosecuted as if all moneys secured hereby . r.:atured pr,or to ils instituho~. 7. lhat in tF.e event that at the beginn~ng of w at any time pending any suit upon this Mortgage, ar to loreclose it, or to reform it, or to eniorce .~:~nt of a~y dairns hereunder, said lJIpRTGAGEE .shal{ apply to the Court havir.g ~ur~sd;ction thcrco4 for the appo~ntmeM of a Receiver, Suth Co~rt shail ::~rh a;.f~o~m a recr~.er of s+~d mortgayed property al! and singu~ar, indud•ng aU and singutar ~F~e income, p~el~ts, iswes and revenues f~om whatever d~~•~:ed. each a.;d every oi Lvh;~h, it be;ng expressiy undersrood, is hereby morrgaged as if spec:f~~ally set forth and destribed in the granting and ~ ' ~'.d,,~n c avses hercof, and svch Receiver shatl have afl the broad and effecrive fvnce,ons and pov,e~s in anywise entr~sted by a Court to a Reteiver, and c~~:r~re~v sh3E1 b~_ made by such Co~rt as an ad,nittcKl equ~ty and a matrer of abso~ute nght !o sa~d MORTGAGEE, and without reference to the " _,cf cr inadeG~r.y of th~ value of the propeny mortgaged or to the so~vency or inzo~:ency oi sa~d MORiGAGOR o~ the defendanta; and that such • ; Frot~ts, inco~ne, issues and revenues sheN 6e applied by such Receiver accord:ng to the lien or equity ot said MORTGAGEE and the practice of such ...;~tL ~ 8. To t1u'.y, FrompT;y and fui~y perform, d~scharge, execute, effect, complete, con~ply v`~th and abide by each and every the stipulations, agreements, ci:r~ens and reyenants ~n sx~~ prom;ssory note and this mortgage set torth. 9. T~,;t in ihe event the owne~sh~p of the mortgaged premises, or any part thereof, ~ecomes vested in a person other fhan the MORTGAGOR, the ''RTGAG:E. ~+s successera and ass~gns, may, wiihout notrce to ~he ~tiORTGAOR, deal with such suctessor or successor in interest ~vith referen~e to thfs ~,~agc ard the d_~t P.cr~by secured in the same manner as with 1JlortgagOr without in any way vitiating or d~schaiginy the llortgagors' liability here- or uE on ~he d~bt h_r.,b~ sec~red. Fta sate of tf~e pre~n~ses h_reby morrgaged ard no io.beara~~te on fhe par~ of the IdORTGAGEE or its successors ,ss:•:~ns and no exrons~on of the t~me for the payment of the debt hereby setured g~ven by the MORTGAGEE or its successors or assigns, a~ial! operate _ e~v>. d.scharge, ~r.cdrfy change or affea the orig~nal liao!l;ty of the MORiGAGOR herein, either in whote or in part. 10. It is s;.,~c ticatiy ag.eed tha~ time is of the essence of th~s contract and that no waiver of any obligat+on hereunder or of the obligation se- c. : d hrreby sF.e;~ at any time thareafter be held to be a wa~vrr of the terms hereof or of the instr~ment secured herby_ 1 S L-~ .::;;i fr_ ,•u th; forego ng ~nonth!y paymeniS of princ pa! and.interest :equ:red by ~he prom.sscry nae secured hereb/, mortga~or tovenants ~s ro r,:~ to :•.rt~ag•;c ~n~th each rt.onth y payr.:ent an add,vional sum rY :~a~ed b~ mortyagee to be egual to 1~2 ot t: e an:~va! cost of the tollow- A-~', r_a! ~~cj;~~~ry taKrs lev~ed or assess_•d ag~~•~st tnc above dest~ibed real estate. ~ ~ 6 F• _-•s o:~ i~.~~ ar:~ v„~~(f5T0'~~l insura~.cc ac nere:n requ:r,d to be carri_d c~~ the :~;:roveme~ts s:tuate on the above d~scribed premises. C Pr._•~, s o~~~ch morr~;ge gua•anty ir.sura~ ce as margagee sF~af{ fron T me to ti~ne deem fit to carry on the !oan aecured hereby. :D.o~!g,g_e sr _?=.c.n r~,:.e !o t~-.e ~o~ifi mortyagor in writeng of the a~rou~t d3e and payable heraundrr and such su~n shail ther~upon 6e due and _ e o-~ ~t;•_ ct,e~ c:,•r•_ ei ~h= next ~:,onth:y payme;;~ and each successive month thereafrer uc~il mertqagee shall not;fy mo~tgagor of a change i~ such Such ;v~rs s~ .,.i !;e aE:p:~~•d by mortgag~re to.vard the paymeni of reat propersy taxes, insurante prem;ums, a«d mor?yage guaranty insurance ,!JmS. IY `:~ITPJESS ::HERcOF, tne sa~d IVlORTGAGOR has hareunto set his har.d and seal the day an year first aforesaid ed. Sea;ed a~.deli d in the presence of: ~ D d ak r tsean ~ t'`J al) 'rTitne_s_~_- - ~s~ai~ -.-E ~F s~wn Illinois ~ ,i'JTY OF __~~_'~~Q~P~Y_Jo n! ~ 1 Before me personaity appeared Donatd M~ B1'L1bF~C@T' and . $'Y~ l 1 i S ~T g ]h kpt~ his wNe, to me well known and known to me to be . '.~•:cl;y+C~u3~1 descr~~ed in and who execufed ~the foregoing instrument, and acknowledged before me that they exetuted the same for the purposes •.~~n ex~ressed. And the said_____ ~1115 tj~ Brubaker of r~e s.3 d. _ DOYk~l(~ M. Brubaker uPo~ a sepa~ate and pr~~ate na+,cn by me ta:ert separate and apart from her said husband, acknowledged to and before me that she executed said instrumen). fieely and votvn- ~ r a~~d v..rfiJ'J~ any cc.~npu;s+on, consuaint, apprehens~o~or fear of or fr~~n her uid husband. . . i ~ f~ ~ ~YtTNESS my hand and off:;al seal this_-_~=__-_ day of 113ti ' L .q~A.,~9~~ j+-s t 1 ot Publ~c in and for 1 Stai +.~aY1R~.~ ~ Comm~ssion expires: Re!um To: ? . ~ • . J • f:rst Fede~al Savin~s 3 loan Asscciation d~~ 7~ ~ , \ _ (ii ~c•t P ~~rc., . _ - . Eor, ~._:<<. F,~.,.,~ ;~35~119 , . . , ..\r. FILEO ~!+i '~~~~~0~~ ST.IUC~E ..uU11TY fl~. This Instrument Prepared By J~ H. ftoberts JI`. RQC~= _'~''~~S First Federa! Savings & Loan Assotiation ' C~E!!r. CU~' COURT of Fort Pierce pfC~fl^ _ ~r? Checked By - ~ ~ 4 is PN ~ ~>QC2~ 8~~ ~i ZS - ~ - ~ - : - _ ~ - . ~ _ _ w:ra,.~°_~#ti~-`.~