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Home My WebLink About2078 i i J ~ ~ : To p1~a and contYxrously kMp on th~ buildwqs now a h~.~aftK ~itvaN on said lae~d ~nd on ~II equipn»et and pKSa+ally cow.~d bY this morq~ p~, witl~ ~11 pr~iww tlwreon pa~d in fu14 IU~ inwr+nc~ in th~ usu~l s~and+rd pol~ fwm, in ~ win ~pp?owd by ~M MORfW1GEE. and windNwm I~aw~na In tM wwl ~~«+d~.d pol~cq fain, M+ • wm WP~owd bY rM MORTGAGEf. ie wcA cvmp+ny w ca^P+^~~+ a tM MORiGAGEE n~+r dM~ett ~nd dl fin ~nd wind~~onn ienw~na polieia on w?y OF MW EYiWinpl. M1Y If1tNN1 tM~~Nf M PN1 tMfQOI, in ~M agyre9~~~ w~n ~laaaid or In ~xaa Nwwf. sFwll oont~in ?1» wwl qandud mortp+pN claw~ a wch wMr claus~ as tM Mo.tp~ m+Y nVukt. m+kinp tM bu w+der s+~d polF tiN, t~d~ Md evKr. WYaW~ b saW INORTGAGEE a ib inta~at may app~a~. and tath ~nd ~vNY s~ch Policy ~hall b~ promptly u~•9ned and d~livK~d /o .mr MW bp sad MORTGAGEE as tun1+N acwiry ro sad nwr~yap~ d•br. u+d. nor 1.~ M+^ N~ l10) daya M+ ~dvanc. oi ~M .xpir•~ion of ..ch policr. ro d? liwr M s~ld INORiGAGEE ~ ra+ewal t1+K~of. WpetlN~ with • r~teipt iw 1tN pr~miw~ of wtA r~walt and tF~~ ~hall b~ no f'a~ a windsewm inwru~c~ pl~ad oA w+y of s~id b+ild7rgs, ~ny IMKKt thK~in or Wrt tMr~of, unltst Io th~ form a+d with tM bss p+Yabb a ~fw~said~ a+d io tF» ~wnt any wen of moMy b~oanq par+SN w+dK sud~ Polic~? a Polici~+ s+id MORiGAGEE ahall Mw th~ op~an to ranfw and ~pply tlw ~ on +ccount of t!w ind~btad~ nqs Mtw~d Mt~y a a pMtnif said MORTWIGORS b rtt~iw ~nd w~ It p~ny put thereof fw othcr purposes, wi~hout th±reo/ waiviny a impaio- i^0 +^Y M~~h?. IiM a ri~M ~ w by virfw of ~hi~ mortya~r and in tM ~w~+~ uid MORTGAGOkS sAall fa any ~e+so~ i~il ro keep ~I+~ uid p.~enisa so inwnd, a fa{I b d~livK pranptly any of said palici~s of inswanc~ to s+id MORTGAGEE. or f~il promptly /o pay fully ~~y p.anium tMrefor a in u~y r~~p~ct fail b pNfam, dischary~. ~x~cut~. ~ffM. complt% co^~Pb wlth and abid~ by this wvs~ant, o~ ~ny pa~t lw~wf, said MORiGAGEE m~y pla~e and p~Y fw such ~wrae~ or ~ny part thKad without w~ivinp or ~ffectinp a+y optip4 li~n. eq~rity, a~iyht w+dN w by virtw of this /Mortpp~. ~nd the full wnovM of ~ach u+d wKy wd+ p+Ym~nt ~h+ll b~ imm~diat~ly dw ~nd pyabb ud ah+tl brar tntK~si fran tF» dat~ ~hereot unril paid ~t th~ ~ah ol nir» pK ctntwe pN a~e?um and wQe~he~ with uxh Ir?br~at shall bs secu.ed bY th~ li~n of this morty+pe. 1. To pKmit, aonwnit ar wNa no wa». MeWirment a d~te.iw~tio~ of said propKty or ~ny part the~eof. 5. To pay ~II and sM~pvla? th~ coats. ~~s +nd ~xP~^+~+. i~clud~rg • ~Ni°^~bl~ attaney s fe~ and wsts of absiracts of titl~, incurred w p+id a~ a~y tim~ by s+ld MORTGAGEE, bKaust w in 11w ~wn1 of ths f~ilw~ on 1Fr p+~t of IM said MORTGAGOR to duiy. promp~ly ~nd fully perfarty dixlwr9R ~x~cW~. ~fhtt. oomplet~. comply with and abld~ by ~ad~ arid wery the stipulatiau. ~yroemenM, conditions, ~ed aovenants of said promissory note and ~hi~ ^+wt~ap~ +nY a ~i~her. and said costa, cM?p~s and ~apemes, each and every. sMll b~ inrmdiately dw ~~+d p~yabte: whethe. o. nof rhe.e be nofice dr m~nd, a»~mpf ro colktt or wit p~e+dinp~ and th~ full arewunt oi sach ~nd ewry wch P+yms~+~ ih+ll b~ar in~ereit from the daf~ tF+~reof unti! paid at th~ .aq of nin~ qr ce~twn pK ~ruwm: +~d all said costs. chu~es and expenses incvrr~d w paid, topetMr with tuch inte~sst, shall b~ secu~ed by the lan of thw rtwrtp+p~. 6. TMt in tA~ ~wnt of any brtach of Nds 11Aortysp~ o~ d~fault on tFr part of the MORTGAGOR, w(b) in the event any of sud wms of nwnty F,e.ein r~ferred ro b. no~ pranp~ly snd fu11y paid within thirty (30) days nex~ after tl+~ sarr~e s~ve*atly becorn~ dve and payabl~, without demand w ootice, w(c) in th~ ewot wch u~d wery the stipulatiaa„ a9nem~r?ts, conditions a~d covsn+nts of sa~d p~omiuory note ~nd th~s mortpape any oc eithe~ sn not iuM promptly a~d iully performed, d~sch~?ped ~xuuted, ~ff~dsd. compkted, con~lied with ~nd ~b~ded by, then in either w any s~ch went tM said a~ gregab wen ma+tip~ad in said promissory oote then rom~ininp w+paid, with interest xuued, and all ma~eys ~ecured harsby. sh~ll become dw ~nd pay- able forthwith, or tlw~afta~, N ~he oprion of said MORTGAGEE, as fully ~nd complsfely as if ~II of the ~sid sums of money. vrere «ginatly s~~pula~ed to be pa~d on wch daY. snythinp ia sa~d pramissory note a in this Mort~~e to the contr~ry notwithsandin~: and theravpon a thereafter at tl+e option of uid MORTGAGEE. without notiu or dam+nd, wit ~t I~w w in equity, tAsiafwe or tMreafta be9un, may be prosecwed ~s if atl eaneys sscvred heteby had mafwed prwr f0 its iMtitution. 7. That in tl+~ event that st tM beginninp of or st aoy tirrK pe~rg ~ny wit upa~ this 1Nortgsge. o~ b faecloss it, or to reform it, a to anfwce paymee?t of ae?y claims Iwrevnder, said MORTGAGEE shall apply to the Cowt Mviny jwisdrction thereof fw the +ppoi~tment of ~ Recerver, svch Coun sh~Il Forthwith ippoint a receiver of said mortp+9ed proQerty +11 and s'ug~lu, inclutl~rg a!1 and singutsr the incwne, p~ofib. issves and revenues fto~n whatwer souro~ d~rived, e~ch ~nd ~very of which, it beirg ~npressly w~derstood, is hereby mat9aged as if spec~fically set forth and described in the Q.a~ting ~nd~ heb~ndurn cla~rses hernof, a+d wch Rec~ivK ~II Mw sU the broad and effactive funct~oni and powe?s If1 a11yW~SQ M1fVftld by a CW?t f0 ~ Receiver, and wch ~ppointment shall be ~~ad~ by wch Cowt as ~n +dmitted eq~?ity and a matta of absolute ~igh~ to taid MORTGAGEE, u~d without reference w ths adaqvacy a in~deqwcy of the wlw of th~ prope?ry mwt9aQed or ro the wNency or ~nso~vency oi ssid MWtiGAGOR a the defendants, and that such . rents, profits, income, iuws ~nd r~venu~s sh~ll b~ applied by such Receivet ucordirg ro tht lien or equiry of said MORTGAGEE u~d the p?xtice of such Covrt. E. To duly. P?on+Ptl~r md ivlly puform, daclwrq~. execute. eHect. complete, complY with and ~bkM by each and wery~ the stipulations, ~g~eemeon, ca+dtioro and ooven~r?n in s~~d promissory oot~ and ~his morrg~qe set fwrh. - 9. That in the went the owrwrship of the awrt9aQsd P~~^~. a ~~ll P+~ tF~eof. becomes wsted in a pKSOn other than the MORTGAGOR th~ MORTGAGEE, in uraessors and aui~?s. m+Y, withovl notice to the MORTGJWR, dsal with svth wttessor or waessor ie interest with reference ro this mortgape ~nd the debt hersby secwed in the saine m+nner u with Mwtga~w without in uiy wsy vitiatin~ a dixh~ryi?g the Mortyegws' lisbiliry he?r urde~ w vpon the debt hereby secured. No sale of the Rremises herebY rnortp+ged +nd no fo?be+rance on the put of the MORTGAGEE w its suaesson or auigns and no extension of the time fw the payme~+t of the debt hcreby secwed yiven by tl~e MORTGAGEf w ih successors a sssi9ns, ~hall operate ro rekas~, disch~rye. modify chan9e or affeet the aginsl tiab~lity of the MORTGAGOR herein, sitMr in whols a i~ put. 10. tt is specificslly ag.eed that tNne is of ths esse+~ce of thia caur~ct and that ra wsiver of ~ny obligat~on here~nder or of ths obliyation ~r cured hereby shall at ~ny time there~fier bt held to be a w~iver of the terms hereof w of the instrwnent secwed FwKby. 11. In add~tion to the forego:og monthly•payments of print:pal and interest required by the promissory note secured hereby, mortgagor tovenants and agrees to p+y to mort9a9ee with each monrhly p~yment sn ~dd~~ional sum estimated by mortgagee to be eqwl b 1`12 of the annuat cost of the follow- i~9= ~ ~ A-All real property tazes levied or assessed agair?st the above desvibed real estm. ~ B-Premiums on fire a~d w'u~dstorm i~urance u herein requ~red to be carried on fhe improvemenb sitwte on the above desaibed premises. C-Premiums on suth mortgags gwranty insurance as mortgagee shall from time to time deem fit to prry on the loan secored hereby. i Mort9agee shall from time ro time notify mortgagw in w~itiog of the amount due and p~yabk hereuoder and such sum shall tl?ereupon be due ~nd ~ paysble on the dve date of the ne:t r.~o~thly payment and esch successive month thereafter until mortgagee shall notify mortgago~ of ~ change in wch ~ amount. Such sums shatl be applied by mwtgsgee toward the paymeM of real properry hxes, inswance prem:wns, and mort9sge 9wrsnty inwrarKe w~- • IN WITNESS WHEREOF, the said MORTGAGOR hss hereunto set a hand and seal the day a yesr fint a esaid. ~ ~ ~ ~11E0 ApD AEcpRpE~ ST.lUC1E COUMTY FLA, n ItOCER PpITRAS ' CIERK CIRCUiT C ~ .q RECORO YERIFIEO ~ ~ ~C ~ 3:/ ~ n , ATE OF FLOit1~A ~ zCi~so . ~ . courm oF St. Lucie ~„o,,,~h Douglas W. Bxovm .~,d MaYgdlet B. H=Own his wiie, ro me well known ~nd known fo me w!» the ind'ividwb desaib~d in and wFa e:sc~ted tl+e fore9oiny instnxmnt, and aduwwledped before m~ that they ~a~cuted the same for tM purposes rne.ein •xpr.ss~d. Md th. sai~ ~9aret 8. Brovm wir. of rh. ssd DOUglas W. Brown „p«, . seP...t. .~d ary.t~ examinaYan by me tsken sep~rat~ and apart from ha s~id husba~+d, adcnowrledped b~nd befor~ me thst sh~ exacuted taid irotrvrne~t fsa~ly and voluo- tsrily and withov~ srhr oompulsion, constraint, apprehension, or fear of w from he~ said husband. wrrNESS ~~a .~+d off~c;.i ,«i d,~_ U r~ d,~, of December p. ~y 70 ~ . „w ~ ll~tary Public in and ~ia th~ State of fbrida at larps g ~j;~~ missan ~:pires: R~rum Ta ~ . M1;` ~«~e~r r~- ` f PU.iUG STATE Of FLORfDA AT LARCE ~ first F~derd Savi~ps 6 losn Aswcistan ~ `~~i?- ' _ MISSION EXPIRES SEPT. 23,. 1973 . ~ of F«+ v~~«e. f~, • .~~~dib,~, i1rY f~ M, pESTEllIORSt F«, PK.ce. Fb.ida : r ~t ~;.:~~y~~.. ! ~ - ~ ~ ~ ~ • , ~:~r.^-~•'j ~ • ~ • - ~1 t°.:r..~s:,t, . . - ; ` . ~S:Q ~ . . ~ . ~.,i ...t. = , ~ ~~J ~J~ .~i~ , i This Instrument Prepared By J~ ~,..~p~~~ . First Federol Savings 3 loan Aasoua~ion ',~~Y;;r: , ~ . • of Fort Pieroe , Flozida - ~ r : By ~ ~ ~ ~ ~ goo~ 188 ~2075 :~:.r~~t-_ . . . - - - - •T-~ - - ~ ~ . _ -y "dc' ' ..'c _ ~ ~ _ ~'~~~r ~ ; ~~~PS~ .-~J^.'.._,"~ ~ . x~i~~~~Pv°x#s~~~_