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Home My WebLink About0292 . , ~ a•~.I r~ {v i~ To piaot u~d ca~tinua+shl kNP on ~F?~ a+ildinys eaw a htreaher situ~t~ oa said land aod on ali equipment and pK~onally covK~d bY this morq~ i with dl prtmiu.:A tA~reon p+~d io full, tiro ins~ru+t~ in the uswl sandud policy form, jn a sun~ spprowd by the MORTGAGEE. ~nd wkwbtam I inwann in rhs usu+l s~snd~rd pol~cy fwm. tn ~ sum approwd by tM MORTGAGEE. G+ wch con+P+^Y a comW~ies a tFw MORTGAQ~EE may dindl ad ~II fin ~nd wi~rorm inivru~c~ policies on any of aid build~rga, ~ny inbrtst tFwr~in o~ put thKwf, in th~ ~prpat~ swn afaa~aid a In ~xaea thereof, ~hall cont~in th~ wwl st~ndud mortyapk clsva~ w tuch othu daus~ as tM Mo?~paqe~ m+Y ?Wuin. m+tinp tM loa ~ntl~ ~aid Po~~ . ci~s. ~ach and ~wry. P+Yabl~ w~id MORTGAGEE a~ ib inlKat m~y appNr. snd each u~d ~wry such policy ~hall b~ p?anptfy ass:pned and d~liv~red W ~ny h~M by s+id MORTGAGEE ~s fun1+K ~ecurity to ald mort~a~ dsbt, and. ~wt I~ss tMn r~n (10) days Ia adv~nn of tM ~xpir~tion of ~acl+ po~icY. ~o d~: IivN ro said MORTGAGEE ~ rMSwal thtreof, wp~~hN with a rectipt for tM p~miwn of wch r~ntwalj and tMr~ shsll b~ ~o fin a windstam imwant~ plapd on any of said bvildinys, ~Mr interat tM~sin w p+n tMnof, vnless in tM fwm'and with tM bss payable u ~fw~s+idt +nd in th~ ~w^t ~^Y of ma~y b~cana pay~ble w+d~~ such polky or policws s~id NIORTGAGEE shall haw th~ optio~ ro rsceiw and ~pply tl+~ s+m~ on aaount o1 th~ ind~bt~ n~q s~cw~d htreby or b petmit said MORTGAGORS ro teceiw ~r~d uss it a a~y part thereof fo~ othcr purposes. wilhout thxeb~ waivinp o~ impair- inp ~ny p~rity, IiM a ripht under or by virtw of this mortpa~s +~d 1n tM ~vent s+id 1NOitTGAGORS shall fa sny reason fsil w keep tM ssid pr~enises so ini~nd, or f~il ~o deliver promptly ~ny of siid pol'Kies of insunnu w said MORTGAGEE, w fail promptly to pay fvll~ sny pranium thst~for or ie? ae+r rsp~ct f~il b pKfocn~, d~schsrqe. ~xea+». ~ffact. comPl~t~. oomplY with and abid~ by this covenant, w any psn I~wf, s+id MORTGAGEE may plac~ snd WY fa wch inswanc~ w w?y put th~reof without w~lvinp w ~fftdinp +~W aptiab IMn. puitY. ot ryht u~l~r or by virtw of this Mwp+pe. aed the hrll amovM of each aed wMY s~ P+Yenem ~hall b~ imm~diatefy dw ~od pay~bl~ ~nd sl++Il bear int~res: from tM dah thsrwf un~G p~id at tM raq o1 j nin~ pN pntum pN ~nnum ~nd tog~ther with wcA inter~st shall be secu?ed by tM Ikn of this mapye. To pKmit, canmit a suff~r no wut~, ta,P+im~e^t a d~terawr'an of said property w+ny pat theraof. 1 S, To pay ~II aid sinpul~r tlw.ooan. chsrpa u~d expenses, includiny • reasonabk attwn~y'~ fe~ and cwts of sbst?ads of titl~, innrned w p+1d at ~ ~ny tim~ by s+id MORTGAGEE, becaus? or in the twnt of the failure oe? the pan of the said MORTGAGOR to duly, promptly and fully perfarm, dischary~ execW~. ~ff~ct, aompl~q, aomply with and ab~d~ by each and every the stipul~tions, agreements, conditiau, ar?d aown~nts of ~aid promi:tory not~ u+d tha ^~9+~ +~Y w~itMr. snd sa~d costs. Eharyes and e:pemes, e~cl+ ~nd ~very. sMll b~ immediately dus snd pay~ble: whetlia a not ther~ b~ notic~ de nund, ~ttempt fo cdkd w wN psedirg; ~nd tM full amount of each ~nd ew~y wth paYma+t sMll besr interest from th~ date th~rcof until p~id at the rate of nine p~r centum par ~nnum: and ~II s~id cbsts, charqea ~nd expenses iexurred w paid. topether with svch inter~st, ahall b~ sscund by the lieo of 1Fw ~D+~~• 0. TMt (a) in th~ w~nt of any breath of this Matyspe o~ defavh on the part of the MORTGAGOR, o? (b) in the event u?y of ~~d wms of mon~y henin nfKred to b~ not promptly and fvlly paid within Ihiny (30) days next after the same sevcralty become due and paysbk. without demaod or notke. or in th~ ~we~t tsch ard ~wry the stiputatioes, sgreements, conditions and covensnts of s+~d promiuory note and this mortpspe any a eithsr an no1 j iuly, p~ompth and fully perfwmed, d~scharged. executed. ~ffected, completed, compl~ed with and abided by, tMn in either ar any :~ch ewnt the ~aid ~ ~re~t~ wm mu+tiawd i~ ssid promissory note then ranaininp unpaid, with interest scuued, and all moneys ietured hereby, shall betane dw ~nd p~y~ isso abi~ fwthwitly or tFwe~Aa, al the option of said MORTGAGEE, ~s fvlly and completely ss if all of the sa~d sums of mon~y were oripinally stipulated ~ to b~ paid on such dsy, anythirg in ss7d promissory oote or in tha Mortgage to the contrary notwithstandinp: snd therevpoe w there~het a~ tM op~ion of said MORTGAGEE, withovt eotic~ or demand, suk at law a in equity, therefae a theresfter begun, may be prosec~ted u if sll moneys sewrsd hsrsby had matured prwr fo i1s insfitufan. ~ ~ i 7. That in tM event that ~t the beginning of a st any time pending soy wit upon thi~ Mwtga9e, w to faeclose N, or to roform it, w ro enforc. ~ payment of u~y slaims hereunder, said 1NORTGAGEE iMll spply to the Court havi~g 'ry~isdiction thereof for the appo~ntment of s Receivt+, wch Court iMll Fo?tliwith appoint s receiver of said mortgsged property all and singu~ar, includ~ng all and singulu the income, profits, iuvr_ and revenues f~om whstever wurp derived, exh and every of whith, it being expressly ~nderstood, is hereby mwtgaged ss if spetifiully set forth and dewibed in the ~r~ntiny and habendwn cbuses hxeof, u+d such Receiver shall Mve all the broad and effective funct~ons and powen in anywise c~ntrusted by a Cou?t to • Receive?, and such ~ppointment sMll be msde by such Court as an admitted equity and s rrWtter of absolute right to sald MORTGAGEE, and withoui reference to th~ adequscy a kudeqwcy of the value of the prbperty mw~gaged w to the sotvency or insolvency of said MORTGAGOR or the defendants, and that such renn, profits, incane, issues and revenues shall be spplied by such Receiver accordiny to the lien or equiry of said MORTGAGEE and the practice of svch CouA. & To duly, pranpNy snd fuly perform, discharge, executq effect, complete, comply with and abide by each and every the stipulations, agreemenb, conditwna and covenams ir? said promissory note and this mortgage set forth. 9. iMt in the event the ownership of the mortg+yed premises, w any psrt thereof, bccomes vested in i person other thsn the MORTGAGOR, th~ MORTGAGEE, its wcceuon +nd suig~u, may, wirhout notice to the MORTGAOR, deal wi~h s~ch successor or succeuor in imereat with refcrence to this ~ morfyape and ths debt hereby secured in ihe ssme manner as with Mortgagor withovt in any way vitiating or d~scharging the l~wrt9sgors' li~bility here- under w~rpon the debt hereby securcd_ No sale of the premises hercby mortgaged snd no fwbearance on tht pan of the MORTGAGEE a its successars w suigra and no e:tension of the time fa the payme~t of the debt hereby secured given by the MORTGAGEE or in successon w asiigra, .h+ll operat~ ro nlease, dischar9e, modify ch+nge w affect tfie original IiabiGty of the MORTGAGOR herein, either in whob or in part. 10. It is specifically agroed that time is of the essence of this contrad and that no w~iver of sny oblgation herevnder or of the obligation sa- a,r~d hereby sMll at any tirt~e theresfter be held to be a waiver of the terms hereof w of the instrument setured herby. I1, In addiYwn to the fwego:ng mw+thly payments of prin~ ppl and interest required by the promiuory note secured hereby, mottgagw covenants snd agrees to psy to mo?tgagee with each monthly paymeM an additional sum est~mated by mortgagee to be equal to 1~12 of the annual cost of the follow- ing: A-AU re+l property taxes kvied a assessed against the above described resl estate. B-Premiums on fire and windstorm insurance as herein requ~red to be wrried on the improvements situate on tF~e sbove davibed premises. i C-P~emiums on such mortgsge guaranty insurance as mortgagee shall from t~me ro time deem fit to carry on the loan secured hereby. Morty~gee ihall from time to time natify mortgagor ~n writing of the amouM due and payable Fxreunder and ~uch wm shall thereupon be due and payabl~ on the due d~te of the i+ext monthly payment and each successive month theresfter until mortgsgee shall notify mortgs9or of a charge in such amoum. Such swns shall be spplied by mortgagee towsrd the paymeM of real proprty t~:es. insvrance prem:ums, and mort9age 9wr~nfy insw~nce p~emi~ms. N WITNE55 WHEREOF, the aaid MORTGAGOR has herevntp set his hand and seal the day u+d year fint aforesaid. ` i Siprnd, S~aled and d~ 'vKe i the presence of: ~ ~ n . ~ . n rc--n ~ ~ STATE OF FIORIDA ~ Seint Lucie couHnr oF l~fon m~ p~tson+lly ~ppeared James Bri R3 ' Doroth_„y H. BY'~QQ8 his wife, to me well known and krwwn b me to b~ ~ the indivFdwb described in ~nd who ex~cuted the foreyoin~ instrurnent, and adcrwwledged before me that they executed the ~ams for tfie pwpwes ,,,,d ,M ,,;d Dorothy H. BriRRs James 0. briq~s , ,f.,~ ± ~ wif~ ot th~ wid ~?Po^ uP+~ P~ e:~minaYwn by m~ tak~n Mpa~~f~ and aput from her said Iwsband. ~cknowledped to ~nd befor~ rr~ that the execut~d said instrument heely and vol~r~ rarily and withaA ~ryr compulsion, constrai~t, ~ppreh~ns" fear oF a from her ~aid Fwsbaod. L.~ WIiNESS ~ry h~ei~ ~aAif vl~ficial stal thi day of A. D. 19~7S1 ~ i . ~ ot~ry Public in and ior tM Sat~ of Fbrida ~t luq~ - , . My Commaian ~cpins: = ~ ~ RMurn Ta . ' F~.a t.a..~ s.r~. a~o~, i~,«~e~~+ F I LED ~PJ D R ECOROED Nobry Prb~ic. State oi Raid+ +t larqe - ot cwt P~a~r, ST. LUCIE COUNTY. FL?~. Cwaaission Expra Sipt Z3, 1969 . TMS PilfCt. HW~S: , n t 7:' ^ 1 ~Mld~ ~I A/~MKM f~ ~ ~M11~? ~1~. . ~16~~16 ~ ; ~ ~ ; , ; +g~ • ; i 12 AM 10 ' 3 i ` This im?trument prep~red by ` Frst tderal S~v. ~ lo~ Assn. ~ ot Fort ~-~,r~: ~ _ F ` ' CLERK CIRCUIT COURT ~ _ , ~ v eoo~~~3 ~ ~ .