The URL can be used to link to this page

Home My WebLink About1659 i ~ J.i • 3. To plac~ and continuovsly ke~p on ~he build'+nps rww o~ Mreaft~r sitwt~ on iaid land and on all eqvipment ae~pwsoMly coverad by tfils mortq~ ~g~, with all premiums thereon pa~d in full, fire i~su~anc~ in ~he usual s~anda~d policy io~m, in s tum app~oved"by tM MORTGAGEE, and wind~fam inswsnc~ tn ths uswl i~andard policy form, in a tum ~pproved by tM MORTGAGEE, in wch company a companies ~s th~ MORTGAGEE may directj ~nd ~II fi~s +nd windsrorm insurance policies on any of uid buiidlnps. ~ny int~rest tt+srein or part thereof, in ~h~ a99~epate wm ~tor~s~id w in exteu thereof, sMll contain the uiual standard mongs~ae d~vae or such othe~ clavs~ ai the MalyaQ~s may requa~, makirg ths laai unda said poli~ cie~, cach and every, psyabie to iaid MORTGAGEE ai its intaest may ~ppear, and each and eve~y t~rch policy shall be promptly ass:pned and deliv~red to any hsld by said MORTGAGEE as turthe~ security to wid mort9sge debt, and, no1 leu lhan ten (101 days in advance of the expiration of eath poliq. ro da Irver to said MORTGAGEE s re~+ewal the~eof, toQetha wirh s receipt fw the premium of iuch renewal; and ~he~e shall bs no f~rs or winditam insuranc~ placed on ~ny of said buildings, any interest therein or part thereof, unleu in the form and with tM lou payable as afwesaidt u~d in the eve~t any twn of nwney becemes payable u~da such policy or pc.licies said MORiGAGEE shall have tl~e oprion to ~eceive and apply the iame oo atcount of ths indebted- neu secur~d hereby q to pe~mit said MORTGAGORS fo reteive u~d use if or any part thcreOi for otM:r purposes, without fh:reo~ waiving Or impair- ing ~ny eq~ity, lie~ or righ~ under w by virtw of this mortgage; and in the event said 1WORTGAGORS shall fw any reason fail to keep the uid p?emius so insured, or fafl !o defiver promptly any of said policies of insurance lo said MORTGAGEE, or fail promptly to psy futly any premivm therefor or i~ ~~y respect fail ro pafwm, diuha~ge, execvte, effect, complets, comply with and abide by this cove~ant, w any part he~eof, said MORTGAGEE may piace and pay fw :uch lnsurance o~ a~y part thereof without w~ivinp or affectin8 a~y optiort, liea, eqvity, or r~ght undrr w by virtue of ~his Nbrtyaye, and the full amount of each ~nd ~vtry s~ch payment shall bs inu»aliately due and payabls and thall bear interett from ths date tlxreof ~~til p~id ~t the rat~ ol n~rte per c4ntum pe~ annum and to~ether with such interest shall be srcured by ths lien of this matyage. 4. To permit, commit or suffer no wute, imp~irmeot a deteriwation of ~aid properry or any part the~eof. 5. To pay all and singula~ ihe toab, charyes a~d expense~ i~cluding s reasonable sttorney i fee and costs of ~bstracts of tiHe, incuned or paid ~t any time by said MORTGAGEE, becavx w in the event of the failvre on the part of ~hs said MORiGAGOR to duly, promptly and fully perform. d+uhargR execute, effect, complete, comply with a~?d sb~de by each and every ~he stipvla~~ons, sgreemenn, conditions, and covenanfs of said promiuo~y note and ~hii mortga~e any a ei+ha, and sa;d costs, charges and expenses, each and every, s6a11 bc immediately due and payable; whether or not there be notice da t mand, attempt to colktt oi suit pending; and the full amouM of each and every such paymtro shall bea. interes~ from the date thereoi untii paid at tht ~ raee of nine per centum per annum; a~d all said eosts, charges and expenses incur?ed or paid, together with suth inte~est, shall be secured by the lien of tha mort9a9e, t 6. That (a) in the event of any breach of this Mortgage or default on the part of the MORTGAGOR, w(b) in the event any of wtd sums of monsy ~ herein referred to be not promptly and fully paid within thirty (30) days next aftcr the sarvK seve?ally betome due and payab~e, without demand or notice, or (c) in ihe event eath and every 1he stipulations, agrcements, conditions and tovenanb of sa:d promissay note and th~s morlgage any a eitFxr are not iuly, promptly and fully performed, d~xharged, executed, effected, completed, complied wi~h and abided by, the~ in either or any such ereM the sa;d a¢ gregate svm mentio~ed in said p~omiuwy note tFun remaining unpaid, with interest accrued, and a11 moneys secu~ed hereby, shall become dw and p~y- abfe forthwith, w thereafter, at the option of said MORTGAGEE, as fully and completely as if all of the said sums of money were originally st7pulated ro be paid on suti~ day, anything in said promiuory nate w in this Mortgage to the contrary notw;thsland;ng; and thereupon or thereafter at the option of said MORTGAGEE, without notice w demand, suit at law or in equity, therefwe or thereaiter begun. may be p~osecuted ss if all moneys secured hereby had matured pnor to its institution. 7. ihat in the event that at the beginning of or af any time pending any suit upon this Mortgage, o~ !o toreclose it, or to refwm it, or to e~face paymenf of any claims hereunder, said MORTGAGEE shall apply to the Court having juris~~cfion thereoi iw the ap~wintmeM of a RKiiVN, such Court shall forthwith appoint a receiver of said mortgaged property all and singular, includ~rg alt and singu~ar the income, proiits, iuues and revenues from whatQver source derived, each and every of which, it being expressly understood, is he~eby mortgaged as if spec~fically set fath and dewibed in the g~anting and habendum ctauses herrof, and such Receiver shall have all the broad and effeuive funcho~s a~d powers in anywise entrusted by a Court to a Receiver, and such appointment shall be made by such Cowt as an admitted eqvity arrd a matter of absolute r;ght ro sa;d MORTGAGEE, and without refererxe to the edequacy or inadequacy of the value of the property mortgaged or to the solvency w inwtvency o( said MORiGAGOR w the defendants, and that such rents, profits, incorne, iuves and revenues shall be appiied 6y such Receiver according to the fien w eqvity of said MORTGAGEE and the practice of tuch CWrt. 8. To duly, promptly and fully perform, dixharge, execute, effect, complete, oompty with and ab'~de by each a~d every the stip~lations, agreements, conditions and covenants in said promissory note a~ this mortgage set forth. 9. That in the event the ownenhip of the mortgaged p~emises, or any part thereof, becomes vested in a person other tha~ the MORTGAGOR, ihe MORTGAGEE, its successors and assigns, may, without ratice to the MORTGAOR, deal with such successor d successor in interest with reference to this mortgage and the debt hereby setured in the same man~ as with Mortgagw without in any way vitiating or d~xharging the Mortgagors' liability hera under or upon the debt hereby secured. No saie of tlx premises hereby mortgaged and no forbearance on 1he parl oi the MORTGAGEE w iri successors _ or auigns and no extens~on of the time fw the payment of the deb~ hercby secured given by the MORTGAGE'_ or its successors or auigns, shall operate to release, discharge, modify change a affecf fhe original liability of the MORTGAGOR hereio, either in whote or in part. 10. It is specifically agreed that time is of the eue+xe of this contract and that no waiver of any obligation hereunder or of the obligation se- cured heteby shaU at any time thereafter be held to be a waiver of the terms hereof or of the instrumenl secured he?by. add~tio~ to the forego:ng monthly payments of princ'pal and inrerest required by the prom;ssory nore secured hereb and agrees to pay ee with each monthly payrnent an add~~ional sum estimated by mortgagee to be eqval t annual cost of the folbw- ing: A-AII real property taxes levied or assessed agai~st t a e. ~ B-Premiums on fire and windstorm insurance as herein r carried o~ vements situate on the above destribed premises. C-Premivms o:~ such mortgage gua~ant i as mortgagee shall from time to time deem ~ on the loan secured hereby. Mortgagee shaN trom t~me nofify mort3agw in writi?g of the amount due and payable hereunder an m shall thereupon be d~e snd Fayable on the due t e next monthly payment and each successive month thereafter urtil mortgagee shall not~fy mortg rge in wch amount. ums sF.ail be applied by mo?tgagee toward the payment of real p~operty taxes, insurance prem:ums, and mortgage qvaranty e ~ums. ~ IN WITNE55 WHEREOP, the said MORTGAGOR has hereunto ut his hand and seal the day ar first aforesaid. ~^ed, s~a~ ~ a~d ~~d w~~ of: FiLED ANO REC4Ft~ED~ ~ ~ - ST. LUCIE COUNTY: R~A'.' - n RECORD VEr~IF1ED ames B. Brinkle an 17'4~4`7 Q e. rl ey n 9 JAN 31 AMI 9: 5 ~ STATE OF FLORIDA SS. ~ couNn oF _ St . Lucie Before me personally sppeared ~G~~ R S 311TC1@ r his wife, to me well known snd known to me to be rhe ind;viduals dcscribed in and who execvted the fo~egoeng instrumenf, end ackrqwrledged befwe me that they executed the same for the purposes therein expressed. And the said Nellie B• BY~21~@y ~ i w;fe of the ssid Y .1~@S 8. Brinkle vpon a sepsrste and priv~t~ examinatron by me taken separate and apart from her said husband, adcnpwied~jed to and before me that she executed said instrument freely and volurr tarily and without sny compulsion, constraint, apprehension~ fear of or from hes said Iwsbarul, WITNESS my hand and off;cial seal th;s `~a day of A D. 19 6~ Notary Pub' in amd fw the State of Florids at larpe My Commi ion ezp'ues: A~ L~ ~ q 7/ Retum To: • . Fint Federal Savings b Loan Association Of Fort P~erce. ```~t,n~t;~ltfl,fi~~- NOt~ry P{1~'K. St1b8 Of ~Ofldi ~t li?~! Fort Vierte. Flwida ~ Mr Co¦+~s~o• ~~w 6. V . ~ ~ ?rl', ~NM~~i(~~t~aj~~ J- ~ ~J , r ~ - This Instrument Prepared By ~y- : ~ ' ~ (rj ~ ' First Federal Savings 8 Loan Association J' ~ - o f Fort Pierce - ? n ' f p ~ . ' 'a ~i . Checked By John W. Col~ins ''''~,O:;i';,~ , ~ Bo~K~75 P~f~~~ ~ ~t% l' . . . ~ f ~ : _ _ ~ ~ , a:,;~,~~, ~._e; _K. ~ ~