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HomeMy WebLinkAbout1964 I'. n. BO~r l\J PAf.[~lq 1 ), To pieR and ~Iiftuoualy k.... Oft the bulld.... ~ t. ~~~~ ~ end Oft .N ..,1pMoont end peIIONlly ~ by thh '.-te' eg.. with .11 pr....ium. 1;......01\ paid in full. flte IMuIlIQ 1ft 1"- '*Ill .,1f'dItd policy fonIt, 1ft . """ 1ClP'0vecl by lhe MORTGAGEE, end wlnchtor", In.u,II'C' In the _I ,'andard polley for.... 1ft . """ ~ by the MOaTGAGU. 1ft euch compeny or COI'ftPInIM II the MORTGAGEE IMY d"ecl; end .11 fit. ~nd wincblOlft' Ineut.._ polklel Oft MY 01 ..Id bulldiftel, IIrt IMetMt theteln or part ....,10.. In the egot'- """ afOtlM1d or In .xc... lhereo'. ....11 conl.in lhe usual .,end.,d mortg4lgH c'-- or auch otIw deuae .. the ~ IMY requite. rn&klng lhe l01I vnder ..Id poll- clel. each and .v..y. pay.bl. 10 ..,d MORTGAGEE a. i.. Iftt_t mey 1ppMI. end each end ewry _h pl)llcy .....1 be ~Iy ....... end dell""ed 10 any ...Id by ..Id MORTGAGEE .. furlhet ..cu,1Iy 10 ..id rnortgagI debt. end. not .... ....... t.n (10) da.,. In edv..- of the .xplratlon of each policy, 10 de- liver 10 ..Id MORTGAGEE. ..newal I"-'eo;. logether with a receipt for the premIuIft of ..,~ ,-.1, end ....,. ehlU be no fire or wlnchtonn Ineut..- ",...ed on.-a<'Iy of ..Id building I, any Inl....t .....eIn Of part lhenof. "".... In the form and with the l01I payabl. .. .'-1dJ end In lhe -' any """ of money become. payebl. under .uch policy or poIitin ..Id MORTGAGEE ....11 he", the optlcln to recel", end apply the ....... Oft _t of the Indebl.... Mil IKu,ed .....by Ot to permit ..id MORTGAGORS 10 recelv. and UII It or any part lheteof for DIn.. pu1POMI. ...'ilhovt thereby waiv~ Ot impair' Ing any equity. Ii", Ot right under Ot by virtue of Ihl. mortgI9I/ end In tM .v...' ..Id Io\ORTGAGOIlS ....11 for ....y r.- ..1110 bep lhe ..Id prIIftIMe 10 i........o. Ot fail 10 dell..... promplly any of ..Id polide. of inaura"" '0 ..id MORTGAGEE. or f.U promptly 10 pay fully en, prC'fnlum IherefOt or In any reaped hil to perfonn. d;adwge. .xecv... .ffect. complell. comply with end abide by thI. _,. or any part ....eof. ..Id MORTGAGEE IMY piau and pay for avch i""".nee Of any part '....eof, without waNing or affecting ....Y oplloft. lleft, equity, Ot ,Ight under or by ylrtue of IhI. Morf9aOl. and ,''' full ",'ounl of NCh .nd .very euc:h paytnen> ....11 be Immedlallly due "nd payable end ...... bear Inll..., from the date thereof until JNlId a' ,''' 'al. of '~i'" pi' c.ntum per """"" and logether with auch In,et.., ....11 be aeevred by the lien of th.. -'V.' ~. To permll. commit Ot .utter no w..t.. impairment ~ ....Ior.tlon 01 ..Id property or MY part tMreof. s, To pay all end .Ingular the coal.. chargee and "'pII\III. lncIucIIno a _bIe atton'lr(. f.. end eoell of ebetrlCll of title. Incurred or paid al any time by ..Id MORTGAGU. beceu.. << In ..... .v...1 of the fallu.. on the pert of the ..Id MOIlTGAOOR to duly. ptOftIptly end fully perform. diecherge. ..ecuta, .ffect. complete. comply with and Ibide by each and IY'eI'Y the .tlpulatlone. ...""...., conditione. and co_""" of ..Id pr~ note end thi, ..-tgage eny Of .lther. end ..id coalS. chargee and '1lpII\WS. each end IV.",. .hell be immedIelllY due end payeble/ whether Ot not ther. be notice ct. mand. .ltInlpt to coIMct or ..,it pending/ end the full _t of each and ~ IlUCh payment ....11 bear Int_t from the dall thereof until paid " the reI" of nine ~r c.nlum pe' annum, and all ..Id COIlS. che,g.. end ..pen... incvrred or paid. togelher wilh .uch Int...t. thell be MC\I,ed by the lien of thil mortgage, - 6. Thet (a) In the event of any breech of Ihlt Mortvage or default Oft the pert of the MORTGAGOIl, Of (b) In the _t any of ..Id ....... of money .....In ref..rr..d to be not promptly .nd fully paid wilhln thirty' (30) days ",xt aft. the ...... _ally become due and payable. wi.hout ckmend or notice, 01 (e) In I'" went .ech .nd .very t'" ,'!pulatlom. ."_IS. condition. and covenanlS of ..Id promluory not. end thi. ~gege any Ot .It"'r ... not :fuly, promptly and fully performed, diachergecf. .xecuted, .ffected. comp"ted. complied with end abided ,,"y, then In either << any eueh event the ..Id eg- grr:g.'" .um menlioned In ..id promi..ory not. then rlll\lil\lng unpaid, with Int...., accrued. end all moneys MCUred hereby. .hell become due and paY" abl. forthwilh. or lhereeft..r. at tI.. oplion of ..id MORTGAGEE. .. fully and complet.ly .. If all of t'" ..Id Iymt 01 money wet. originelly "ipulaled to t>.. paid on luch day, al\ylhing in said promi..ory not. 01 In thlt Mortgage to the conlrary notwlthal.nding/ and lhereupon Ot t......ft.r at t'" op!lOn of ..id MORTGAGEE. wilhout nolic.. or dem.nd. s..it at law or In ~uity, tl\e,.'ore Ot ther.after begun. may be proeecuted .. if all ~ys MC\Ired "'reby had malu,..d prior 10 its inltilulion, 7. Tha, in lhe ev..nl Ihal al lhe bltglnning of 01 al any time ~nding any .uit upon Ihi. MOIlgege. or 10 forKIOIe It, or to r.form il. or to ....force pay_nl of any claim. hereunder. said MORTGAGEE Ihall apply 10 lhe Court having ju,ildiclion lhereof for lhe appoinlment of a Receiver. .uch Court shell 10'lhwilh .ppoinl a ,,,,eiv.., of said mo,'gaged prope"Y all and .ingular. including all and lingular lhe income, prolits. '"uel ana r..v..nuel "om wh,'ev., lOurce d~rived. ..ach and every 01 which, il being exp,.lIly undertlood. is hereby morlgaged .. if lpecilically sel for,h and de.cribed in ,''' grenling end h.~ndum c1ausel hereol, and .uch Rec"iver .hall have all lhe b,oad and effeclive function. and powe.. in anywise enl,u.,ed by a Court 10 a lIec..;ver, and .uch appoinlmen' .h.1I be made by luch Cou,t .. an ad milled equi.y and a """'" of absolul. right to wid MORTGAGEE. and wilhoul ,ef...nce 10 lhe ad..quaey 0' inadequacy of lhe val", 01 lhe prope,ty mortgaged or 10 ,h. aolvency or in.olvency 01 ..id MORTGAGOR 0< ,''' def.ndanll, and ,h., .veh renll. p,oli'I, income. illuel and- revenues .hell be .pplied by luch Receiver according 10 ,''' Ii"n or equity of ..id MORTGAGEE and th. prectice of .uch Court, 8, To duly. p,omptly and fully perform. discharge. execul.. effect. complele, comply with and abide by each and .very t'" ,'ipula'lon., egr_'., condilions and covenanll in said promillOlY nol. and Ihis morlgage set for,h, 9, Th., in lhe evenl lhe ownenhip of ,he mortgeged pr.mises. or any part lhereof. becomes veiled in a person other than the MORTGAGOR, t'" MORTGAGEE. ill "..cc..noll and anignl. may, wilhoul nolice 10 the MORTGAOR. deal wilh luch .ucc..tor or ,ucc"1oI' In Int..est wilh ..f..enc. 10 thi. mor'gage and lhe debl he,eby secured in lhe .eme manner .. wilh Morlgagor wilhoul In any w.y vlli.ting Of diache,ging t'" Mortgagors' liability her. und..r or upon ,he debl h..,eby secured, No ..I" 01 ,''' prami... hereby mortgeged and no forbearanc. ()tI ,... pi:! of the MORTGAGEE Of III .uc:ceston or anignl and no exlenlion of the time IOf the payment of lhe debl heraby lecured given by'''' MORTGAGEE 01 III IUCClIIOI'S'Ot ...igN. ....11 operat. 10 re!elle. discherge. modify change or aileet Ihe original liabilily 01 t'" MORTGAGOR "',ein. "ilher In whole or In JNlrt. 10. It I. .pecifically agr..ed thel lim. i. of the enene. of thl. conlract and ,''', no waiver of any obligation hereunder or of the obllgalion II- cured hereby shall al any time thereafter be held'to be a waiver of lhe t.,ma "',eof Of of lhe inallument MC\Ired herby. IN WITNESS WHEREOF. lhe said MORTGAGOR hll hereunlo se' his hand and ..al t'" day Signed. Sealed and d"live,ed in Ihe presence of: ~~~ al) al) (Seal) (5H1) STATE OF flORIDA l ~ COUNTY Of St. Lucie Before me penonelly appeared Cad W. Brown and LouiasB. Brown hit wlf., to me _II known .nd known 10 me to be ,''' Individual. deacribed In and who executed the foregoing instrurnInt. end edutowIedged twfore me t"'t they .xecuted the ...... for t'" purJlOIIS I.....in .xprelMd. And t'" ...... Loutae Be Brown wif" of t'" ..id eM v;- Brown upon . eepera" end prIVate ..""inalio." by .... tHen eeperat. .nd apert '-" her ..Id huebend, edtnowIedoed 10 end bef_ "" that .... ..ecuted ..Id Instrurnent fr..1y and ~ II,ily and without an., compul.1oft. c_tralnt. apprehension, Ot fur of << from her ..Id huebend, WITNESS my hand end oHlclal ...1 tt-k 5th day of Au at D. 19~ Return To. first Federal s...Inga & loMI ~ Qf fort P- 1fCI, , , ':;? ~ ~ florlcle ~\\""II"",, ..... .;. .....", .: ~ '1'1 .1... ~. .......'~ ~ '-'.~.::..,4IIf/~'.'1 ....,.... ,'" .... _.-;,.~\'-:...' ",'\ ~ I "- '" - '<.' . .. ~ . '::.' .....,,,.., :- " : ,0 \ 1\;" '. .'1 . .:'-:..:\. ~~:. ,=.,: -,'C--\IO,\ . :: . :: -: r - . - . = ~ . 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