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Home My WebLink About1319 . . ~ ; 1 4 j . ~ ~ 3. To plac~ and continvo~sly k~sp on tM buildl~ys now a hsre~ftK utuat~ oe~ said land and on sll equipm~nt ~nd perwn~lly coverad by this mat~ i spe, with all premiums thcreon paid in full. fire Insuranu in th~ utual su~dard polity fam, in s tum approv~d by tM MORiGAGEE, and wi~to~m insw~nc~ in tht vswl itandard poliq fam, in a wm ~pproved by tM MORTGAGEE, in wch company or tompania u the MORTGAGEE may diractt u~d sll fi~~ and wie~kto~m inwr~np poiiciss on ~oy of ssid buildinps, ~ny inh~est fhtrein or p~rt tMreof. in IFr a~yrr:g+t~ ium aforeiaid or ud In ~xc~u ~hereof, shall contain tM vswl standard mor~9+~es cls~s~ or such o~hK claus~ as tM Mor~pe~ee m+y ~equu~. makinp ths lou unde. said po1F cies, each and ~vay, payable ro said MORTGAGEE as ib int~rest m~y ~pp~a~, and each ud svery s~ch policy shall be prompHy au:yned and delivered ~o •ny heW by said MORTGAGEE as further security to said mortp~ye debt, and, not kss tMn ten (10) days in adva~ce of Ihe expirotion of each policy, ro d~- liver to said MORTGAGEE a rtnew~l thereof, topether with • ret~ipt fa tM premium of :~th renewal; and there shall be no fire w windstam inwr~nce plsad on any of said buildinys. ~ny interest therein or p~rt tF+~~eof, ue+tess io the fam a~d with the loss paYabk as afwesaidt and i~ tM event any :um of moewy becomes p+y~ble under such pol'~cy or policies said 1MORiGAGEE shall hsw th~ option to receive and apply the s+me on account of the indebted ness secured heteby q/o permil said MORTGAGORS to rloeive ~~d u3t it p any part thereof for other pu~poses, wi~hout thsreb/ waiviny w impai~- ing any pvity, lie~ or rqht unda~ or by virtus of this morspayej ~nd in tM ~vent sa~d JNORTGAGORS shall fa any reaw~ f~il to keep the s~id p?emius so insvred, w fail to deliver promptly ~ny of said polities of insur~nu to said MORTGAGEE, w fail promptiy 1o psy fully any premium therefo? o~ in any respect fail to ptrfwm, discharge, txecute, ~ffeq, complete, tomply with ~od +bids by this tovenant, w+ny part hereof, said MOR7GAGEE may p~~c+ and paY fw suth inwra~ ot any put thtreof without waivinp w afftctirg s~y opY~ao, liet~, eq~ity, w ~ight under w by virfue of thls Mortpa~e. and the full amount of each snd ev~ry such payment sh+ll be immedi~tely dw and p+yable and shal~ bear intere~l from ths date thereof until paid at ths rite ol nine pe~ cenwm per annum and to~ether with such interest snall be secured by tM lien of this rtwrtg+ge. i 4. To permit, commit o? suffer ~o wuts, impair~rxn! w deterioration of aaid property or any part thereof. S. To piy all ~nd singula the cosri, charges ~nd expenses, inctudirg a reasonable snorney i fee and costs of abitracn of title, incurred or p~id at any time 6y said MORTGAGEE, because a in the event of tht failwe on the part of the iaid MORTGAGOR to dvly, promptly snd fully perfwm, diuharp~, exetute, effed, complett, comply with a~d abide by eacn and every the stipvlatio~s, agrcements, cor+ditiau, and co~e~ents of said promiuory note snd this matgage ~ny w either. ~nd said tosts, ch+rges ~nd expcnxs. e~th and every. shall be immediately due and payable: whetF+er w not there bs notice de~ mand, attempt ro tollec! w suit pending; ~nd th~ full amount of exh and every suth payment shalt bear interest from the d~te thereof ~ntif paid ~t the rare of nine per cenwm per am~um; and all said cosfs, charges and e:penus incur~ed or paid, together w~~h iuch interest, shall bs secured by tF~e lier~ of thy rtwrtpa~. 6. That (a) in the eve~t of ~ny breach of this Mortgspe or default on the part of the MORTGAGOR, w(ki) in the eve+~t any of sa~d sums of money herein referred ro be not promptly and fully paid witnu. thirty (30) days next afror the same xveratly become due and payable, withovt dam~nd o~ notice. or (c) in the event each and every the stipulatiom, sgreements, conditrons and coven+nts of sa~d p.om7ssory note and th~s mwtgage any w eithe? are not i~ty, promptly and fully performed. d~scharged, executed, effected, completed, complied with ai?d abided by, then in eithet w any such ~ve~t th~ ssid a~ gregate sum meM'aned in said promissory note then remaining unpaid, with interest accrued, and all moneys secured hereby, shall betome due anti ,pay- eble fathwith, a thereafter, at the optan of said M.ORTGAGEE, as fully snd completely as if all of the said sums of money were orginalty st~pul~ted to be paid on such day, anything in ssid promiuwy note or in this Mwigage ro the contrary notwithstsnding; and thereupon w thereafter a1 the optiw~ of said MORiGAGEE, without notite a demsnd, svit at Isw w in equity, thcrcfore or thereafter begvn, may be proxcuted as if all ma~eys sacurad hereby had matured pr~o. ~o ~n ins~~wr~on. 7. That in the event thst at the beginning of e: at sny fime pending any suif vpon this Mortgage, w to fweclose it, or to reform it, w to enfwq payment of any claims Aerevndtr, said MORTGAGEE shatl apply to the Court having jurisd~ction thereof fw the appointment of • Receiver, such Court shall forthwith ~ppoint a reteive~ of said mort9aged property all and singula?, intlud~ng ail and sirgular the i~come, proiits, iuues and revenues from whatever source derived, each and e~ery of which, it being expressly understood, is hereby mortgaged si if spec~fically set fwth and described in the yr~ntirq and habendum clavses I+creof, and such Reteiver shall have aU the broad snd effettive f~nct~ons and powers in anyvrisc tntrusted by a Co~~t to a Receiver, and s~ch sppointmen~ shall 6e made by svch Cowt as an admitted equity and a matta of absolute ~ight to said MORTGAGEE, and withouf refererxe to ths adequacy d i~adequacy of the vslue of the property mortgaged or to ~he wwency w insolvcncy oi said MORTGAGOR w the defendsnts, and that such reros, profits, income, iuues and revenues shall be applied by iuch Receiver according ro the lien or equity of said MORTGAGEE and the practice of svch Court. 8. To duly, promptly and fully parform, diuharg~, execute, effect, mmplete, comply with and abide by each snd every the stipulations, agroements, ~ condit~orq and covenants in sa~d promissory note u~d this mortgage set fwth. 9. ?hat in the event the ownenhip of the mortgayed premises, w any part thereof, becomes vested in ~ person other tha~ the MORTGAGOR, ths MORTGAGEE, its succeuws and auigns, may, without notice to the MORiGAOR, deal with such succeuor w successor in interest with reference to this mortgsge ared the dabt he?eby secured in the same manner as with Mortgagor without in any way viliating a dixharging the Mwtgagors' liability hera under or upon the debt hereby secured. No wle of the premixs hereby mortgaged and no forbearance on the part of the MORTGAGEE w itt successws or assigns and no extension of the time for the payment of the debt hereby secured give~ by the MORTGAGE~ or its tuccessas or auigns, shail operat~ ro release, d~scharge, modify chsnge w affect the original liab~l~ty of the MORTGAGOR herein, eitFxr in whole or in part. 10. It is specifically agreed thst time is of the essence of this contrad and that n6 waiver of any obl~gation hereunder or of the obligatan sr cure<i hereby shall at any time thereafter be held to be a waiver of the terms hcreof or of thc inslrumeM secured herby. 11. In add~tion to the forego:ng monthly payments of princ'pal and interest required by fhe prom~ssory note secured hereby, mortgagor covenants and agrees to pay to mortgagee with eath morohly payment an addi~ional sum estimated by mwtgagee to be equal to 1/12 of the annual cost of the follow- '^9: A-All real prope?ty taxes kvied o~ assessed against the above described r 1 estate. 8-Premiums on iire and windstwm insurance as heroin requ~red to be carri~ on the improveme~ts situate on the above d-scribed prtmises. C-Prerriiums o~ such mwtgage guaranty insurance as mortgagee sha11 from~t:me to time deem fit to carry on the loan secured hereby. Mortgagee shall from time to time notify mortgagor in writ~ng of the amount due and payable hereunder and such sum shall thereupon be d~e and ; payable on the due date of the next monthly payment and each successive month thereafter urtil mortgsgee shall notify mortgagw of a change in such amount. Such sums sh.a;l be applied by mo?tgagee toward the payment of real property taxes, insurante prem:ums, a~xl mwtgage guaraMy insurance premiums. ; IN WITNESS WHEREOF, the said RTGAGOR has hereunto xt h+s hand and seal the day and year first afwesaid. ; Siy Seakd a del' presence of: ~ N ,q ~ - s~'~ ~ ~ rs*e4 STATE OF FIORIDA 1 ~ ~ COUNTY OF St_ [_ucie ~ ~ 8afore me personally appeared ~r~rLk R Rrvant ~nd Frances V. Bryant his wife, to me well known and krawA fo ~ne fo be ~ the individwls dexribed i~ and who executed the fore9oinp instrument, and acknowledged before rtx that they executed the same 40~ fM purposes rhereM exp.ess~d. And rhe said FranCes V. Bryant wife of fhe said Frank B. Bryant upon • separ~te u~d p~iv~t~ ~ examinaYro~ by me taken scp~rate and apart from F~er said husband, adcrawledged to and before me that she executed said instrum4nt fr~sly and wl~n- ~ tarily and withovt aMr compulsion, constraint, apprehension, o~ fear of or from her said husband. . WtTNE55 my hand snd official seal thi• ~ day of ~ A.' D:'14 69 a E~~RpEO , ~ - .7 ~~.h~_ , c" . . ~ FILED Ar~O R TY. ~~-A" Nctsry Public in ~nd for ~he S~ats of hlorida:at _lsrq~ ~ UCIE ~OUN M,, e«~~~ e:pires: ~ ~ D /J- ~ R~~~.~ T~: sT. L. P.~ ~'La~~~E .J • T~~ ~=7'~ ~ First Federal Savings 3 Loa~ Association~•-~~9~3 ~ • . Of Fort P~erce. ~ Fo?~ Pierce, Flw~ds ~ Z P~ ~'t ~ 2 9 ~~~,Ep pND RECORDED ~ ~69 J~« ST. L'JC~E COUNTY. FLA. y~ ~ ~~~FV 'a . ~ i~!' ' ~'Y ~ ~ ~ i~oiTRas 7 1~9919 ~ This Instrument Prepared By c; GL COUR ~ First Federal Savin s dr Loan A nC?R••UIT C 27 • of Fort Pierce ~ ~L'~ ! + t • ~ ~ ~ Checked By R tc ~ vsa . ~ ~ ~~:`~~~~?R~~°~sR o~~K178 ~a~F 459 ~ .0 R" ~ B0a#c P~ICE~e~~8 Y~ C_ .t-?: . , . - . - - - - - - - 'k` r ~.~n.~ ~ . ~