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To plat~ aad cootirw+ovtly kNp on tM buildiipt now w Iw~aftM wtwt~ on sa~d land ~nd on ~l1 equip~n~M ~nd p~nwwlh cov~nd b1? thi~ warp.
q~, wi~h ~II prsn+iw~w ths~~on p+~d in futl. f~n ieswanc~ in tM ~swt sandard ~rslic~r form, ~n • sv~ ~pprowd by Mit MORtGi?GEE. ~ed wir~to.m
inswana in rh~~ uw~l a~and+rd pd+cy fam. in ? swn app~ov~d by Me AAORTGIIGEE. in wcA con~panr or compani~s a rl» MORTGAt3EE ~nay
d'v~ctj u~d ~11 fir~ and w~anw irawana polici~s on My ot s~id buiW~npa, ~ny iru~ns~ Ms.~(n w part thNwf. in tfw pp.pati swn ~fa~satd a
in ~ass rherr~f. sAall cnntain th~ ww! ~u+~dsrd macp~ clws~ a wdi ahK dws~ a~ HN Mwtp+9N m+Y rpv~n. m+kin0 ~M loas w~d~• said poli~
ci~s. wch ~nd wKY. WYabl~ q ~aid MORiGAGEE as ~ts intarsst may +Pp~+r. ~nd srch and tvky such policy ~':all b~ pranptlr ~a:q~d ~nd d~live~td b
any MW by ~a;d MpRTGAGEE a fur~Fwr s~writy ro aid mortaap~ debt and, ew~ les~ tMn hn I10~ days L+ ~dv+ww~ of rh~ ~:piatiw~ of ~ad~ pol~ey. ~o d?
IivN te uid MpRTW?GfE • reeKwal tMrwf. wpNlwt witA • rettipt fw tM pnmiwn of wch r~newal; and ~h~n sMll b~ oo fin o~ winduam insw~na
pl+ad on ~ny of wid build~, ~ny in~aat tha~in w pat the?~of, unlas in t!» form'a~d w~~h ~M bss p.yabl. u afor~sa~d: «+d in the ~wn1 ~r?r sum
ef nw~eKy becpnes P+Yabl~ wd~ wch policy w polici~s s~id MORTGAGEE sMll Mw tM opt~on w reesiw and applp th~ unw on acoowN oY ~M ind~bt~
r~sss s~cw~d lyreb~ w b pamit ~a~d MORTGAGORS b rspiw and vs~ it w ~ny par~ th~reof lo~ o~her pu.p~ea, w~~hout thxebr waivi.q a rnpaiti
i^~ +~Y K`~+~b. li~n w rGph~ ueder w by virtw of thit morr~+q~t ~r?sJ in 1h~ ~rsnt stid lYl`JRTGAGORS shall !w any nason fail b kep tl+~ s~id p.~rniks so j
ins~~ed, w f~il w dtlivs~ P~~P?~1/ w?y of said pol~ti~s of ie~swsrw b said 1NORTGAGfE. a f~l P~~^P~h b P+Y fi+~N +~w P~•m~um rha•fw a in any {
n~pttt fail b paforn~, d~xlw9e. ~:ecut~. ~ffM. compl~M. oomply with and ab;d~ sy this c~ovenanf. w any part Aer~of, u;d MORiGAGEE ~
P+y for wd? Law~rKS o~ ~ny part tMroof wiN+awt w~lvinp a~fhcY +^1? oW~o~1. ~i~n. pui~l. a~ Ar w~dM w Y Pl+c~ ~nd
full an+ount of e~ch ~nd ~wry wch payment sh+ll b~ immedi~ ~ b1? virtw of ~his Mat~p~. and the
tely dw and payaW~ uid shall bw inarest f~om th~ datt thsreof vn~il pad N r1+~ ~aa o!
niM p~/ csntwn pK anrwT and toQetl+tr with sutA interest sh~ll 6~ sscwld by NN IiM of tM nWrt9~ye.
1. To qrmit oon,Tit a wffa no wut~ i~+pa4ment or detNiowtion of said prop~rty a a~/ pwt thereof,
S. To pay alt ~nd sinpular tl+~.cost~. ch+r9~+ and ~:per?se~„ i~cludinp a nsson+bb anorn~yy fee and awrs oF adsKacb of title. incw.~d or p~id a~
•~y t~n+. by sad MORrW?G:E. bacaus? w in th~ event of ~M failw~ on th~ put of the uid MORTGAGOR b duN pomptly and fu~fy pe.fwn~, d~schargR
execvte. ~ffea. oomplea, comply w;th and ab:de by ~ad~ uid every th~ stipulat~oro„ ayreeenents„ c~tiora„ u+d ooveMnts of s~d promissory no~ and this
mo.rgap~ any a«~he*. and sa~d cosn„ charpes +nd expen~es, tach aed we~y. sh~11 be L~unedia~ely dw ~nd payable: wl+sthe~ w no~ r1~~ b~ ~aici de~
mud anemp~ w col(ect a wit p~rg; ard th~ full amount of sach and aMS.y wc1: psym~n~ shau b~s. inrerest fran tM dat~ tAereof until
ra~e of n+ne per ocntum per srv+ucn; ~+w all w~d obsn. c!?+~s anu sxpen~es iacw?ed w p~id, top~ther w~th such interest, shall M a~cwed Wid ~t tM
~ro~~ by th~ Iwn of Min
b, llwt in ths event of any bnach oi Mis Mort~ap~ w defavtr on tM pare of the 11AORIGJ~GOR, a(b) in the went ~ny of ta~d sums of ma~ty
hereie~ r~f~.red to b. nw p.ompty ar,d fully pa~d within 11wty (30) days otxl afte~ ~ht same severally beca~r due ~nd pay~W~, without d«nted or eotioe.
or (d in the ewn~ exh ~nd every tM ~tipu.atiw+~„ +yre~nra. cond~tions snd cwen~nts of a+d promisswy not~ and tlws ma~pape ~ny a eitAe? u~ no!
iuly, prompth and fully peifwmed, d~schuped, execvted, ~ff~ttsd, completed, cornpl~ed with and abided ~iy. thae in ei~hK a any such ~wnt tht said ap~
pregaN wm mp?tion~d in s~id promiuory no~e the+~ remainirg a~paid. with imaes~ acwved, and ~II ma~eys secursd her~bY, sh~ll becwne dw and W11~
sbte fathvr~th, w therea(ter, at tAe oprion of sa~d AAORTG/IGFf, as fuNy and coinpl~~ely u if ~U of ~he sa~d sums of mw+~y wer~ orginally stipubted
ro be pa~d on svch daY. +~+Y~M^9 in said p~om:uory note w in this Mwt9age to the conbuy ~awbhsu~+ding: and thereupon or thcrsafts~ a1 N~t op~an of ~
said MORTGAGEE. wirhout notice w ds~nd, wit at I~wr a in puity. the.ctoro or there~i~a beyw~, mar be prosecvred ~s if all rnoney~ s~pK~d 1~eraby ~
had matwcd priot b ih insfitution.
7. TMt in ths event tMt at tM begi~e+ing of w at ~ny time pc+~finy ~oy wi~ ~pon ehis Mortg~ge, w to faetlose it, w to refam it, o~ ta enfwo~
parment of a~ryr cta'wns he?evnder, aaid MORTGAGEE shall apply to the Co~rt having jw~sdK~wn thereof for the appo.ntment of ~ Receiver, svch Court shall
fariiwith appoint a receiver of said mort9aged property all ud suegular. includ~ng all and singulx the income, profits, iswes u~d reven~es from whatever
~urce derived, each and every d wh~ch, it betnp e:pressly unders~ood, ~s Aereby mwtg~ged u if spec~fically set fa~h snd d~wibed in the ~u+tinq and
habendum clavses hueof~ NId SIKIt R!'aCNtl~f fIMII IMY! 1II ~II! bfp~d iflf~ !fIlCT7YQ IYfKfWflf ~fld ppyyHf Ifl aflyMlifQ MflVlltd ~ Coun ro a Receive~. ~nd
s~ch sppoi.~tment shatt be rrWde by wch Cowt u ~n ~dmitted eqv;ty and a rnatte~ of absolute ~ighf w s+id AIIORTGAGEE, arw! wi~hout ~efennce ro th~
adequ~cy a in~dequscy of tl+~ wlue of the prcperh nw.rg~ged or to rhe w+vency w insotvency ot a~id MORiGAGOR or tAe defendanb, and that such
.ce~nr~• profit~ income, issues and revem,es sh~~~ be app6ed by such Receiver sccord~ny to the lien w equity of said MORT(iAGEE and tM pwttiu of such +
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& To duly. p~omptly and firlly perform, d,sch~~ge, eaecute. effect, compkle. eomply with snd abid~ by each and ~very fh~ stipulatiorr, sg~eemenq, t
cond,fions and coverants un sa]d promissory ~wre and fh~s mortgsge set for:h.
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9. That in the event the ownenhip of tF~e mortgayed pemises. or any puf H+neof, becomes ves~ed in a penon orhe~ thsn the N10RiGAGOR. fhs ~
MORTGAGEE, ib successors snd "sssgro, may, without_ ~otice to tM MORTG!?OR, deal with such succeuor a successo~ in inte~est wirh reference to th:s
mor~grQe and the debt I,errby secwed ;n the same m~mer aa with Mortg~gor witlww in ~ny wsy viriat6g p d:xhug'udj the Mort9~gors' lisbility here- '
unckr w upon tM debt hereby sec~rcd, No ssle of the s
F?emis~s hercbY mw~9+9ed and eo (o?be+r+nce on tl+~ psrt of the MORiGAGEE a ih sucussws
«~uigm snd no e:rension oi the rime for the payment oF fhe debr hereby secvred ~~ven by the MpRTGAGEE a ers wccessors or ass;y% shaU operats
to releas~, d~xMrqe, mod~fy cl»nge or affecl the orgi~sl liab~lity of the MORTGAGOR he?ein, either in whote a in put.
10. It i~ specifically agreed th~t time is o( the euence of this contr~ct u~d that no w~iver of any obl'~gatwn herew~der or of the oblig~t~on se-
a:red hereby tlytl at soy fime ~hereaher be held tp be ~ wwer o( the tem+s hereof w oF rhe &utrumeet secured h~.by. .
t 1. M add~rion ro rhe farego:ng mo~thly paymer,ts of p.inc'p~! and inrerest ~equ;red by the pom~uory rwre secwed hereby, mortSigor eovenants
and agrees to pay ro mwtgagee w~th each monthly p~yment an addirional sum est~ma~ed by mortgagee to be eqwl to 1/)2 of the annual cost of tha follow-
'ng:
A-Afl real property taxes tevied or auessed against the above desc~ibed real estate.
8-Premi~whs on fire ~nd windstorm inswu+ce u herein reqv~red to be cu~ied on the improvemenh sitvate on the ~bove desvibed premises.
C-Premiums on wch mortgage 9w~anry insurance as mortgagce shsll from t~me to time deem fit ro carry on the Ioan secured hereby.
Nbrlgagee ahall from time to time naifr mortgagor in writirg of the amovnt due and payable hereunder and su~h w:n shaU tlxYeupw~ be dve and
payaWe o+~ the due dste of rhe next monthlY payment and exh succasive maith thcreafter w:til morty~gee shall nolify mortgago~ of a change in svch
amovnt. Sutfi swns shall be spplied bY ^art9a9K ~oward the payment of real propcrty taaces, irowante prem:u~, snd mortgage gwranfy inwrante
premivms.
IN WI SS R id MpRTGAGOR hss hereunfo set his h~nd snd seal the day arK! yesr fint aforssaid.
, ed in the presence of: _ _ f
C~~ 4
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STATE OF FLORIDA ~
St . Luc ie
covrm of
eero.e i++. penons~~y ,ppea.ed Roy C. Bragg .nd
Marv L. Braaa his w;re, ro me we~~ known .na known eo n+e w be ?
rhe ir~vidw(s described in u~d who ~:ecvted the forc9oiny insnwnent, and ickrqwlcr/ged beiore rne that tF+ey eaecvfed the same fw the purFwsea
106!
rn~«~ .,~.~,kd. Md ,,;a_ Marv L. Bra4
w;r, ot ,,;d Ro C. Bra
examinsYan by me taken sepuat~ and ap~t from her ssid h~sband. ~P~ + kW?~te ~nd priv~b
raril ar~d w;tl~wit ~9~ b and before me thst she execvted s~id i+atrwr~nt.freely.~nd vokro-
Y +RY ~P~+k~+, ca+straint. +PWeheraion, or feu of a frc:~ he~ aaid husband. ~r~~~ ;
WlTNESS my hand and official aeal th:s day of J nuary ~`~`~t-~:. ~x
~b~ e
. - • ~::'t= ~
~r U = ~
Notsry PuWic in u~d fp the Stsj~ flor' ~
Retum Ta. N~y Comrnission expires: /O._~/i~7f i~"' Q; : r -
Fiar F«ienl Savugs 3 toan wi~ewt~oe? • • Mo~(A~11 WYUC. SiATE OF ~ ~ Q~:
o~ fo?+ PK«~. FILEO AND RECORDED' MY coMM~ssiont ExPiRES-
OC~ ~~~1 C;
Fo.r vKrce, Fbrida ST. LUCIE COUNTY, FLA. ~oMOw TNROiION FRCD w. oet~TS?Mss~t•••''•~~,
RE CORD VERlFIED • ' "yt~ '
- ..:,.,,,,r.•~~• ~
This instrument prePzre ~
First Fedef f a~. . JAN I 0 AM 9: 3 q ~
8r e 1633 ~ ~
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