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Home My WebLink About2565 , ~ . 3. To place and continuousiy kcep on the bu~!d~ngs now o~ hereafter si~uate on said ~and and on all equipmenl ~nd petsona~ly tovered by this e~ng ~pe, with all piem~umi thereon pa~d in (ull, (~re insura~~cs in the usvsl ~+anda~d pol~cy form, in a sum approved by the MORIGAGEE, and winditwm insur~nc~ (n ths usual standard pol:cy fam, in a sum approved by ihe MORTGAGEE, in such coR+pa~y oi tory+p+n~es ~s t!v MORTGAGEE may directj ~nd all (irs and windstorm insuranc~ policiea on a~y of taid build~nys, ~ny intcrsst therein or par~ the~eof, i~ tM a9grcy+re tum aforesaid w irt ~iicois ~r,~t~r, fh~ii :~ntain th6 vwai sta~~v~:d i~iC7£iyay22 ii8"vio tir svt#s -v=;~; c~o:;se as i~~t :n,;tya-ysa sr.sY ro~v<:a, ~~+e tess u~de~ sa~d po1i~ cies, ea<h and every, payable ~o said MORTGAGEE a~ its interest may appear, and each and every iuch pol~cy shall be promptly ass gned +~d de~ivered ~o ~ny held by said MORTGAGEE a~ further security fo safd matgage debt, and, no~ lesi than ten (101 days in advance of the eapir~tion of esch policy, to da IivN to uid MORTGAGEE a re~xwal thereof, toge~her wirh a receipt fa ~F?e p.em~um of tuch renewal; and ~here shall be no f~re or winds~orm inwrance pl~ced on ~ny of taid buildings, any interett Iherein w pa~t ~hereof, unleu in th~ form and with the los~ payabk a~ aforesaid; and in the event any wm of money bccomes payable unde? such policy a policies said MORTGAGEE shall have ths option ~o receive a~,d apply the same on accou~~ oi the indebted- nsu secured he~eby a to permit sa~d MORTGAGORS ro rece~ve and use it w any part thereof fo~ o~her pu~poses, v.1~ho~t ~h_~. o~ .va~.ing ~~~,~pa~~- iny any eqv~ty, iien w right under or by virtus of this mo:!gage; and in the evcnt said MORTGAGORS shall 1a ~ny reason fail to keep the said premisrs so intured, or (ail to deliver promptly sny of said policies of inauranc~ Io said MORTGAGEE, a fait promptly to pay fufty any prem~um therefo~ or in a~y respect fail ro pertorm, discharge, execute, effect, complete, comply with and abide by this cove~ant, o? any part he~eof, ssld MOR1Gi,GEE may p~ace and pay fa such inwrante w any part thereof without wsiving a aifectirg any option, lien, equiry, a righl under w by virtue of this Maigsfle, and tht full amount of exh and ev~ry tuch paymant shalt be immediately dut and payable and shall bear interest f~om ths date ~hereof u~til paid at the n~e ol nine per centum pe~ an~um and to9ether with such interest sha1~ be secured by the lit~ o( this mortyage. 1. To permit, commit o~ suf(er ~o waste, impairment a dete~ioration of said propery w any pa~t the~eof. 5. To pay sll and singulsr the costs, charges and ezpenses, including a ressonable attwney i fce and costs of abstracts ot title, inc~?red w psid at any time by said MORTGAG:E, betause a in the eveM of the failure on the paA of Ihe said MORTGAGOR to duly, promptly and fuliy perform, d~scha~ot execute, effect, tomptete, comply with and ab~de by each end every the stipulations, agreements, conditions, and covenants of said p~omissory note ar+d ~hN mortgage any or ei~her, and sa~d costs, charges and expe~aes, each and every, sIwII be immediately due and payable; whether w not ~here be not~ce do- msnd, attempt to tollect or suit peoding; a~d the futl amount of each and tvery such payment shall bee~ interest from the date the~eof until p~id at the rate oi nine per centum per annum; and alt said costs, chargea and expensea inturred w paid, together w~~h such interest, shatl be secured by the lien of th,a mOrtgagf. _ C:-That (s) in the-event of a~yr breach of t!~is Mo?tgsge or defavh on the part of the INORTGAGOR; or « in ~I+e event any oi sa+d-suma oi mu»y heroin referrcd to be no? promptty and fuliy psid wi~htn th~+ry (30t days nex~ aher lhe same scverariy becoa~e dus ar~d p~y~bi~, witlwvt de.nsnd oe ~wticG or (tj in tIK event each a~xl e~C~y il~e st~F,ufat~a~s, ay~rr~ne~,b, cor~J~iia~s e.~d co.e~anis ol se~J p~o~nitw~y note a~~d th~s rraitgoyr any or e~ther ars nat ~uly, promptly and fully periormed, d:scharged, executed, effected, completed, complfed with and a6ided `ay, tFKn in e~thcr or any such event the sa~d ~g gregste sum mentior+ed in said promisswy note then remaining unpaid, with interest accrued, and at! moneys ucured hereby, shall become due and pay- eble fwthwith, o~ thereafter, a1 the option of said MOR7GAGEE, as fully and compleeefy as ii all of the said sums of rtqney were aig~n~lly st~pulated to be paid on such day, anything in sa:d promissory note or in this Mwtgage to the contrary notwirhs~anding; and thereupon or thereafter af the option of said MORTGAGfE, wirhout notice or demand, suit at taw or in equity, therefore w thercafter begun, may be prosecuted as if a!1 moneys secured hereby had matured pnor to ~ts institution. . 7. That in the event that at the beginning of or a1 any time pending any suit upon this Mortgage, w to fweclose it, or to reiorm it, or to enface payrrKnt of any claims hereunde~, said MORTGAGEE shall apply to the Court ha~ing junsd~ction thereo( (w the appointment of a Receiver, such Cou.t sfiafl forfhwith appoint a receiver of said m«tgaged property a{i and singular, includ~ng ill and singular the intome, p~ofits, issves and revenuea from whatever source de~ived, each and every of wh~ch, it being expreasly understood, is hereby moitgaged as if speci(ically set iwth and deuribed in Ihe granting a~+d habendum clauses hereof, and such Receiver shalt have atl the broad and eilective funct~on3 a~d powers in snyw~se entrusted by s Cou~1 to a Receiver, and _ _ii l ~1 - ~ ~-~ii._ . . l . . .J nTV~vCe ~..sJ 3~~v~ 6 .t i~-i6ii ii~ SS:6iSG ' i l""' ~ a~ O~ - ' _ •~I~ i ~ ~3j..:• . t i~ii rcyvii~ Sii(i -iiSii 4i 8 ----`~i - - - - : eu. - a , e: ~isi:svte i+y::t t~ 'sz::u . •Ethcut reference to the adequacy w inadequacy of the value of tF~e property mwtgagetl or to the sotvency or insolveruy of said MORiGAGOR `or the defendants, and that such rents, profits, incorne, issues and revenues sF~all be applied by svch Reteiver according to the lien or equity of said MORTGAGEE and ~he practice of such Court. 8. To duly, promptly and fully perform, d7scharge, execute, eifect, complete, comply with and abide by each and every the st~pulations, sgreements, conditiom and covenams in said promissory note and this mortgage set fath. 9. That in the event the ownership of the mortgaged premisrs, or any part thereof, becomes vested in a person other than the MORTGAGOR, the M,ORTGAGEE, its successws and assigns, may, withovt noti:e to the MORTGAOR, deal with such successw or s~ccessw in interest with reference to thia mo~tgage and the debt hereby secured in the same manne~ as with Mortgagor without in any way vil~ating w dixharging the Mcrtgagors' (iabitity here under or upon the debt hereby secured. No wle of the Fremises hereby mortgaged and no fo~beara~ce on the part oi the MORTGAGEE a its successors or assigns and no extension of the time fw the payment of the deb~ hereby secured given by the MORTGAGEE or its successors or ass~grts, a~Sall operate .o release, d:scharge, modif~ chan~e er alfect !ha o:ig~nai iiab::sy ot she .'.:G~ICAGOR he:ain, eithar in who3e or in part. 10. It is specifically agreed that time is of the essence of this contract and that no waiver of any obl~gation hereunder a of the obligation sr cured hereby shall at any time thereafter be held to be a waiver of the terma hereof w of the instrument secured herby. 11. In addAion to ihe forego:n9 monthly paymrnts of princ pal and interest required by the prom~ssory note setwed hereb~, mo:tgagar covenants and agrees to pay to mo-tgagee .vith each monthly payrnent an add~rional sum est~mared b'y mertgagee to be equal to 1;' 12 of the annual cost of the follow- ing: . A-All real property taxes levied or assessed ag~::~st the above desc.ibed rea! estate. 6-Prami~ms on fire and w~ndsrorm insvrar.cr as i~ere~n requ:red to be carried on the improvements sityate on the above dascribed premises. C-Premiums on svch mortc~age guaranty insurance as mo~tgagee shall irom t me to time deem fit to carry oo the loan secured hereby. Murtgagee shafl from time to t~me notify mortgagor in v.riting of the amou~t due and payabte hereunder and such sum shall thereupon be due a~! ; Fayable on the due date of the next month:y payment and each successive month ttiereaiter urtil mortgagee shall ~oti(y mortgagw of a change such - - - - - - - - ; a~~ount. sums sF.eil be app[ied~y mortgag~e roward the payment of real pioperty f5xes, insurance prem:ums, end moitg5ye guaraniy insuran~e ` premiums. ! IN WITNESS Y~HEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year fint afwesaid. ~ Signed, Sealed and delivered in the presen<e of: ~ ~ - ~~.~mG'..~...~~.i~ c~~~ Dona d M Brubak r ,q ~ ~ ~ Ph es :T rubaker ~ STATE OF fj~(? ~ • 55. couNrY oF b T G~~~=-~ 1 - Donald M. Brubaker Before me penonally appeared ind y 8 • e~ his wife, to me well known snd known to me to be the individuals described in and who executed the foregoing instrument, and ackr!owledged befwe me that they executed the same for the purposes ~ therein expressed_ And the said phyZii$ J• Brubaker ~ ,~ife of the said D~nald M~ Brubaker upon s sepant~snd. prnat~ examination by me taken separate and apa~t from her said husband, acknowledged to and before me that she executed said ir?st~ument freely'and roluo- ~ tarity and without any compulsion, constraint, spprehension, or fear of or from her id h band. ' ~ ~ ~ WITNESS my hand and offic~al seal thi: ~ 7 day of ~ '~e 6,. 19~ ti . ~ • - = i - ry Public in and f F~e of j~iii~ rt_ Lar, ~ y Commiuion expir ~ _ ~ ~ = - Retum To: ~ ~ ~ ~ ' ~a - ~ First Federsl Savings d~ Loan As~,a:,o~ ~ 264152 • r' ; Q j =J _ ' ~ Of Fort P~erce, : ~ : A J : ~ - ~ ` L~ Q - Fort P~erce, Florida ' ` ~ ~ FILE~ ~l14 PECOY flA. T ~~n r.~ 5T. WC E JUb? ~y~ ~~t~RAf ~ ~ CLE~ C~4--=Ui7 COUA1 l This Instrumenf Prepa~ed By J. H. Roberta ~ Jr. F~cGF~~ Y=~+~~~E~ ~ r~ First Federal Savings & Loan Association 4 _ of Fort Pierce ~ Florid~? ~~O 3 33 DN ~~3 f ~~5 Checked By~ n, ~ ~ $00!(~~8 f''~t~~ ~ ::a _ , ~ - - - - - - - ~ ~ s ~ ~ . . . _ _ ~t~:.__ _ , ~ _ _ . _ ~