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Home My WebLink About0160 , ~ ~ To plau ~nd corulnu~owly k~ on th~ buildinps now w Mra~tq? sitvat~ on iaid la~d and m all equipm~nt ~nd~p~~son~i~y cova~d by tMs mat~ ~ p~, with ~II prtmiunA tM~wn paid in full, f'ue insurant~ in ti~ ufual s~u+dard poticy fwm, ~e? a sum ~ppravfd by th~ MORTGAGfE. aod winclstonn Inwr~nu tn th~ uwal ~andard policy tam. in a su+++ apEvov~d by tM MORTGAGEE; ie svch company o~ companip K tM MORTWIGEE may dincq ~nd all fir~ and windslorm i~so~anc~ policies on ~ny of aid bulld~nq~, ~++y inhr~s~ therein a paN 11+K~of, le tfw p~reya~~ wm ~tornaid or In ~xpss thenof, ~hal) contain tM uswl ~t~ndud mony~ claus~ a:uch other claus~ u tF~e MortpapN rr?~Y nquk~ makinp tM loss undK ~aid pol} cFa. ~acl~ and ~wry. p~Y~bl~ a NW MORTGAGEE ib i~~Kest maY apptar. ae~d each and ~very such policy shall b~ promp~ly ~ss:~ned ~nd dNiwred ro •ny held by wid MORTGAGEE u fwtMr tecv~iry ro ~aid matpsy~ debt, ~nd, no1 kss tt+~n tM (10) d+~~ in advancr of tM ~xpiration of each policy, to dr Iiwr to ~+id MORTGItGEE ~ rtn~wal th~r~of, ~op~tMr wlth • nc~ipt fa tM p~mlvm of wch ~en~wali u+d tMr~ ihsll b~ no f'a~ a windsian+ insuranu pl~e~d on any of ~sid bulldIn~s, ~ny iotKat tl+p~in or p~H tM?wf. unless tn tM fo?m'u?d with tl+~ loss p~y~ble u ~fa~uids +nd in tM ~veeN any tum of mw?~y becomes payabk undK wd? polky w poticia said MORTGAGEE ahal) h~w tM optla? to receiw and spply tM sun~ on ~ccoun~ o~ tM 1~d~bNd. neu Ntv~~d h~rtby or 1o p~rmit uid MORTGAGORS to r~ceiv~ ~nd us~ it w ~ny put thereof fo? other purposct, withovt thereb~ waiv+n9 0~ impair- inp anY pvity. IiM a ripht v~ or by virtw of this mortp~yr, ~nd in th~ ~venr said N~pRiGAGORS shall ta any r~aior? fail to ke~p ~M saW premian a tnsund, or faU w d~liwr pranptly any of s~ld policies of im~~no~ b aid MORTGAGEE, a f~il prompty ro p~y fully a~y premium therofw o~ in any ~ nspact fail w p~rfocm, discMry~. ~x~cut~, ~ff~tt, tompleM, oomply with ud abid~ by this tovawnt, a soy part I+Nwf, said MORTGAGEE may plat~ and i pay fa wch imunnc~ w any put tt,Keof wirhout waNlnp or affectl~p MY optiay lieey ~q~?ify, a ripht vexla~ a by virtw of this Mortyap~. and tl+~ ~ fu11 ~n?ount of ~ach ~nd ~wry such payms~t ~MII b~ imrnediately dw and pay~bl~ and sMll bau G?te~ei+ from ths dat~ therwf until paid e~ ~h: ~a~~ ol ~ nirw pK pMum pq aeuwm and topethet with wcA int~rsst sF+~ll be iecurad by tM ti~n oi thJs mortyq~. 1. To p~rmit. camdt a wffa oo wats, in?pai~ment or detefi~ftion of satd property a any p~~ t1,er~of. S. To pay +It and sirgutsr the.costs, charpa and expanses, includinp a ressonable ananey's fss u~d coats of abst~acts of title, incurrad w psW at a-p tYr.r ~r said 1MORiGAGEE. b~caua~ a i~ the ~v~nt of ths failvre on the pan of the s~M MORTGAGOR ro duly, promptly ~nd fu~ly psrfarm, distharg~ exccu», ~ffsct, oompkf~, oomply with and abid~ by each and every tM stipulerions, apre~ments, conditiora, and cowrwnn of said promissory noh and ~his mortqa~ u~y a ei~her, ~nd said costs, chuq~s and ~xpernei, each and every, sMII be immediately dw snd p~yabte: wheti+er w not ther~ be notrci de. ~nend, attempt to tolkct r. evit p~ndinpj and tM f~ll arnow?t of ssch and wery wd~ paym~nt shall besr inter~it f~om tM dat~ the~eof unril pa+d at the rate of nins ps~ centum per anrwm; ared all aaid tbsq, chugea and expenset incwred or paid, fogelhtr with tuch interest, sh~ll b~ aetured by th~ lito of thu mort0+~. - - 6. Th~t W M ths svent of any bre~ch of this Mortype w def~ult on the paet of the MORTGAGOR, or (b) in the event any of s~id swns ot mon~r herein refsrnd fo b~ not promptly and fully paid within thirty (3p) days next after 1M same ~everally become due ~nd payable, without deenind a aotice, or (c) in tM ~wrp each and every tM stipulatioes ~gr~aments, cond~tions and cown~nts of said proen'~ssory note and Ihis mortpa9e ~ny w eitha u~ nol iuly, prompNy u~d fully perfamad, discMrped, executed, effected, comp~eted~cowiplied ~vith and abided by, then in either a any such ewnt !M wid a¢ gre~it svm tn~ntipr~sd In said promissory note thcn remai~inp unpaid, wrth ~ntensf ~cuued. ~od all moneys secured hereby, sFwll beswne dw snd pay~ abls futhwith, or the~eaftar, af the option of said MORTGAGEE, u fully ~nd compl~~ely as if •11 of the said wms of mw~ey were or;y;n~Ny atiput~ted ro be paid on wch day, anythirg in said promisswy r~±a a in this Mortg~ge to the contr~ry nonai~hstsnding; and thereupon w there~fte? a~ the option of •aid MORTGAGEE, without notice or demand, wit at law or in equity. thers(ore w thereaf~e~ begun, rt~sy be prosecwed u if all moneys s~cured hereby had matured prior to its institutioo. 7. That in ths eve~t tMt ~t the beginning of w st any tirr» pe~rg aoy wit upon i1+is,~Wt~fpe;•a-to faeclos~ it, or to mfonn it, o? to enforc~ payment d aeryr da'una hereunder, said MORTGAGEE shsll ~pply to the Court Mvirg j~risdiction ~hereo( fw ~he appantment of s Receiva, svch Couit sMll fatliwtth sppoint a receiver of said morf9aged ptoperty all ~nd sirgula. includ~ng ali and s~ngulsr the income. profits, issves and revenues f~om whaterer wurce derived. ssch and every of wliKh, It bein~ expressly understood, is Aereby mortgaged ~i~~~fic~lly+~set;fwth a~?d desaibed in the yraminp snd habendum cbuses hereof, snd s~ch Receiver shatl have aIl the broad snd effective f~nciwns and~~r?~jpywiae entrusted by a Co~rt to a Receiver, and such appointment sMll be made by svch fourt as ~n adrnitted e~uFry and a matter of absolwe riqM to said MORTGACsEE, a~d without reference to the adeq~acy a in~deqwq of tl+~ vsl~~e of the prbperty matg~ged or 1o the sonrency or insolvenly ~bf `aW~MORTGAGOR w the defendants. snd that wch r~~. profi», income, issucs ard reven~es sMll b~ applied by such Receiver accordiny to-the iieR~t puity of-seid MQRTGAGEE and the practice of such 8. to d~ly, promptly and fuly perform, discl?arge, execvte, effect, complete, comply with and abide by esd~ and every the stipulations, agriemenri, conditions w~d covenants in aid pr~omissory note and thia mortgage xt fath. 9. T1ut in tF~e event tFe ownership of the mortgsyed premises, o? any part thereof, becwnes ve:ted in a penon othe? tMrt the MORIGAGOR, the 1~40R?G/?GEE, hs successors snd auigro, m~x, without notice to the MORTGAOR, deal witk svch succesaor or wccessor i~ interest M,ith reference to th;s mortg~e ~nd the debt hereby secured in the tsme maru~er ss with Nbrtgagw without in aey way vitiating w dixharging the Mortyagon' Wbiiity herw under or upon the debt hereby secured. No sale of the p.emixs hereby mortgaged and no f«bearance on the p~rt of the MO~tTGAGEE a in sucussors w a~ig~u;u ie~'no exTeris~di tf~E"t~tst-fortfie-~ps~nnent oNhe-t~eb~-bw~by-secured_6iveaL~Y the INORTGA(3EE w'iri s~7ccesson or ass~gru, shall operat~ ro ral~ae. dacharye, modify change or ~ffect the origina~ iisbility o( fhe AAORTGAGOR hereiq, eithsr in'~oTe a i~-pa~-i: ~ IQ It b spec;iicaly agreed that ti~ne is of ths essence of rhia connact and t~st no wsiver of anY oblip~t~an hereunder or of t}+~ ,qbljpatipn p- cured hefsby ~h~tl at ~ny time thereafier bq hetd to be a waiver of the termi hereof or of tF~e instrument secvred herby. ,tpt , 1 T. In addition to the forego:ng monthlY paYments of princ:pDl and interest required by the promiuorr note secured hereFiy, mprtyayor ~y ts and ~grees to pay to mongagee with e~cK monthlY paYment an add~riorisl wm est3mared by mortgagee to be eqvsl to 1/)2 of. the aryxRal•c}rFof ~q~` fo11o, y ing: • , _ -.1 ~ _ ~ ; ' 4~> v f: 1 ~ : AiAll real property taxes kvied or stsessed agsinst the above described real euate. . - • v,, ~ ~'sF--:': B-Premiums on fire and windstorm insurance as F~erein requ~red to be carried on the improvements situate on the aboy~dtsQ~d:{x~n~yy, C-Premivma on such r4wtgsge guarant~ insurance as mo~tgagee shall from time,to time deem fit to carry on the loa~ t MatQagee shall from time to time notify mortgagor in w~iti of the amount due and t' r ~g pa9able hereu~ and such sum~l~ 1herQypon be. ~ue~;R~ ~ payabh on the due date of ihe next monthljr payment and exh successAre ma~th'therosfter urtil~ mortgagee ahs~~ nutiEy rnort~jy~1 a. thenge ;iq syck~ prcm'nums.~h sums shall be applied by mortgsgee toward the payment of ~eal property taxe~, insurance prem;ums, and motf~{ ~}Nrant~r~ insuran,pe IN WITNESS WHEREOF, the said MORTGAGOR has hereuMO set his hand and ual the day ud~rc ar aforssaid. S~+le~+d in tht ~xeAr~ce of: • BR I QO ~ l /C.. G ;~G.. gy ~ . Ro t•B. R se~ r Attest n ~ ose e - - - - - - - - - - _ - - - - - ----.r_~.---~ - - - STATE OF FLORIDA COUNTY OF ST. LUCIE 1 HEREBY CERTIFY, 7hat on this -~~day of ~y , A.D. 19 68 , before me personally appeared R~~'t S. Rose - and ~Y Rose respectively President and Secretary , of BRIARGATB OORPORATION ~ s F1o~C3da? ` Co?poration, to me known to be th~ persons described in and who executed the foregoing instrument, and severally acknowledged the exe- cution. 1h~r,eo! to be tlf~ei~. free ad and deed as such officers for the uses and pursoses therein menticned; and that they ~.'t` J ~ ~ affixe~*~t~le~efc_ ~ ot4~+~~gea1 of said corporation, and the said instrument is the act and deed of said corporation. WI~:mY~en~~o~'fida~seal at Fort Pierce ? : , sai oounty, and state. ~ s„ • = _ • r- i : : C~ s ~ ~ ~l ! . ~ ~ ~ ~ ~ ~ q ~ : ~ Q FILEO -AND R ~ ic, in and fq~~t~;~y('apyof~!sf~aedatdae ~'1 ~ ST LUCIE CQ on Expires • ~ „ 2 'i;,~ . ~ ~ ,~Q•. • . . ~Ilr Com:~u:ion Ec;.:r~s :-.,:.~I < t?7 ~``f:,.;~,::~,,: . RECQRQ VE Rt~~D Lead~d ~Y Na+,icrd Atc.deat 6 laiam77 Cs. i ui~ r tlrfC~ '68 MAY 2 y 2. ~ 9 ~ gy . - ~ _ ; 167'4 . tbia fnstrumenf prepdr~ bj Frst Fed e r a l S a v. & L o a n A s s n, ~oU~~~ r~o~T~ k s ~ of fort C L gp K 1 ~ ~G ~ AGE u~~0 ~ b~~ ~ • . , _ . :o. . ~ . . ~ -