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Home My WebLink About2774 To pl~c~ and continuou:ty kesp on tM buitdinos now or hercafter ?~t~at~ o~ said land and on all equipmen~ ~nd perwn~lly covered by ~his mort~ p~, with dl ptemiumf therson pa~d in (ull, fite insur~nts in tM usual s~enda~d po!~cy (wm, in a sum approvtd by the MORIGAGEE, and windito~m ~n~u~ante in tM usuai ltandard polity fwm, in a fum ~pprov~d by- tM MORTGAGEE, i~ tvch tompany o~ canpa~~tf as the MORTGAGEE m~y d;rec~j and +11 (in and wi~dsrorm insurance polici~s on a~y ol u~d tx,~td~nps. ~ny int~reit therein or part IhertoF, in the aggrepate aum ~laes+id a in ~aceu thereof, sMll contain ~M vs~al sandard mat9a~e claus~ w such oiher claus~ ~s ~he lNo+~p+yee may requ~r~, makinp ~M loi~ v~de~ ~a~d pott cie~, each ~nd evNy, payable to said ~~10RTGAGEE a~ itt inlereil r?wy ~pp~a~. +nd each and every s~ch po~icy shall be promp~ly au 9ned ~nd delivered to any held by uid 1NORTGAGfE as lur~her security to ~aid mor~9+9~ deb~, and, not leu ~han ten (10I days in advance of the sxpirat~on of each polKy, to d~- liv~r to said MORTGAGEE a renewal the~eof, ~ope~hK with a rec~ipf fw Ihe pn*n~um of such renewal; snd ihere sha11 be no f~re or winds~o~m insura~ce plac~d on any of said buitdings, at+y inlereN thertin or part th~rwf, vnles~ in 1he form and with 1M lou payable as afaesaid; and in Ihe event any sum of mw~y becoma payable under such policy or polKiss s~id MORTGAGfE shall Mve tM opt~on to recrive and apyly the iame on +ccoun~ oi ~he indebtrd- neu seturtd Mreby w ro permY said MORTGAGORS to receive and us~ it p any parf thereof for other pwFOSes. .v~~hout ~h_rcb~ wa~~l.~g or ~mpair- ;ry any p~r;ty, l;e~ a r3ght unde~ or by virtw of this mors~ayr, and in th~ wcnt sa~d MORTGAGORS shall fw any reason iail to keep ~he sa~d premisas so insured, o~ fall ro dtliver promptly any of said policies of inturanta to said AFORTGAGEE, w 4ai1 promptly 1o pay futty a~y p~emium therefp a in any respect fail a pHfwm, d~xharye, execute, ~ffect, complete, comply wi~h and ab~de by this covc~an~, w any par~ ha~eof, said MORTGAGEE may place and ~ pay fot :uch infuront~ w~ny part thaeof without w+ivinp w ~(fettinp ~ny option. litn, equity, o~ righl under or by virtus of thit Mwtya~e, and tht full amou~l of eath u~d ev~ry such payment ihsll be inwnediatcly due and payabla and shall bear inte~ES~ from fhe date the~eof untit paid at the rare ot nine per ctnrum per ~nnum ar+d together wiM ~uth interest thall be setured by the ~:a+~ of tAis mortyaye. 1. To p~rmit, commit w wfter no wasfe, impairment w deteriwatan of said property w a~y part ~hereof. S. To p+y ~II and ainyulu ths tosts, charyes ~nd expenses, includiny ~ reasonabte attwney i Eee and ws~s of abstrads of ti~le, incurred w paid st any time by iaid MORTGAGEE, because w in tM ev~nt of the failure on the part of tl+e taid MORTGAGOR to duly, promp~ly and fv11y perform, d~xharge. exrcute, ~ffM, complet~, comply with and ab+da by each ara! svery the stipulatwns, sgreements, conditions, snd covenants of sa~d promiswry note and thi~ morf~aye +~y w ei~he~, and s~id cosn, cF?~rges a~d expansei, each and every, sMll be immediatety due and payable; whethcr w not there be no~~ce dc msnd, attempt to collect or suit pend~ny; and tM full amouM of each and eve~y such payme~t shail bea. interesf irom the date thereof umil paid at tfie rate o~ nine per centum per annum; and all said costs, cMrges and expenus incurred or paid, togetlxr w~th auch intaest, iAall be setured by the lien of th:i mwt~a~e. 6. Thaf in the even? of a~y breach of this Nbrtga9~ w default on the part of the MORTGAGOR, or (b) in the event any of sa~d :ums of mor+ey herei~ referred ro be ~ot promptly and fu11y paid within thirty (30) days next after ~he sa.~+e severatty become due u+d payable, wilhOUt dCCmand 01 fWtitl, or (c) in the event each and every the stipulatior?s, agreements, cond~tions ar+d covenants of sa.d promiswry note and ~h~s mo~tgage any or e~ther are not iuly, promplly and futly pe~fwmed, d~xharged, executed, effected, completed, compl~ed w~th and ab~ded Sy, then in ei~her a any such eve~t the s~~d ag gregate wm membned in said promissory rate then remairting unpaed, with interest accrued, and atl moneys secured he~eby, shall become dw and p~y- able fa~hwith, w thereafter, at tF+e option o1 sa~d MORTGAGEE, as fully and completety a: if all of ~he saed sums ot money were o?~9inatly tt~pulated ro be pa~d on such day, anyihing in sa;d prom~ssory rate w in this Mortyage to the contrary notwiihstanduig; ar.d therevpon or the~eafter at Ihe op~~on of ~aid MORTGAGEE, withouf notice or demand, suit at law w in equity, thcrefore w thertafter begun, rruy be prosecuted as if all moneys secured heteby had matured pnw lo ~ts institution. 7. That in tM event tMt at the begi~ning o1 or st any time pendirg sny su~~ upw~ this Mo.~gage, w to foreclose it, w to reform it, or to enfwce payment of any daims hereunder, said Af10RTGAGEE shall ~pply to the Coun having ~ur~sd~cuon thereo! fw the appantmem of • Receiver, iucF~ Cau~? sMll Fwthwith appoint a receiver of said rnortgaged prooerty all and singular, i~clud~ng all and si.x~vlar ~he ~ncome, proi~ts, issuss and revenues from whatever so~rce derived, eath and eveq oi whicly it bein9 expreasly undersrood, is hereby rtwngaged as if spec~f~cally xt fath and dexribed in the granting and habrndurn dauus he+eof, a~d such Receive~ shall have alt the broad and effect~ve funct:ons and powers in anyw~se entrusted by a Co~rt to a Receiver, ~nd ~uch appointmenf sfiall be m~ by such Cow1 ss an admitted equity a~d • ma~te~ of absolut_ right to said MORTGAGEE, and without re(ercrite to the aciequsty ot inadequacy oi~ the wiue o( Ihe p~ope~ty mwtgaged w to the wivency w inso~vency of said MORTGAGOR a the dclendents, and that su:h rents, profits, incorne, iuves snd revenuas shall bt applied by such Receive~ atcordu.g to the lien w equity of said MORTGAGEE +nd ?he prxtite of such Caurt. - ' ~ . 8: To duly, promplly and ful?p pe~iprm, e~cMrye, execute, effed, complcte, compty w~th and abide by cach and every the stipula?ions, agreemenb, conditions and covensnts in ia~d promissory nWt.aed this-mort~age se1 forth. 9. That in the event the ownenhip of ehe mo?tgsged ptem;sea, w any part t?xreof, betamea vested in a person o?her tha~ the MORTGAGOR, the MORTGAGEE, its successws s~d assigns, may, without notice to the MORiGAOR, deal w~+h such successw w successw in interest wi~h reference to thia mo~t9age and the debt hereby secured in the same manner as with Nbrtgagor without in any way vitia~ing or dixharging the Mortgago~i li+bility here- under q upon the debt hereby secured. No sale o( the premixs hereby mortgaged and no forbearance on the part of the MORTGAGEE w ita successors o~ augro and no eare~sion of the t~mr fw the payme~t of the debt hereby secured given by the MORiGAGE'_ or ~ts success«s w au~gro, shall opera~e ro release, d~uharge, modify change w affect the org~nal liability of the MORTGAGOR hcre~n, either in whole or in part. 10. It is specifically agreed that time is of the essence of this contract and that no wa~ver of any ob~~gation herevndcr a of the obligstion se- cured hereby shalf at any time rhereafter bc held to be a waiver of fhe terms hereol w of the inarrument secured herby. 11. lo add~tioa to the forego:~u~ moo:h!y paymen?s of Rrinc pal and interest requ~red by the p~an~sscry note secured hereby, morlgagor covenants and agrees to pay to mortgagee v~ith each monthly payrnent an add~+~onsl sum est~ma~ed by mortgagee to be equal to 1~ 12 of the annual cost of the follow- ing: A-All rea! property tax~s iev~ed or assessed agai~st thc above desc.iFxd real estate. B-P~emiums en ~ire and windsto+m insurance as herein req~~red to be carried on the imF~ovemeats sitvate on the above described premises. ~ C-Premiums on such mortgage guaronty ir.sura.~ce as mortgagee shall ~~om t~me to time deem fit to carry on the ban secured hereby. Mwtgagee shail from time ro time notify mortgagor in w~itirg of the amo~nt d~e and payable hereur~drr and s~ch sum shall thereupon be due and Fayable on the due oare of ~he ne~t momh:y payment and each success~ve mo~th tF~ereaft_r ur.til mortgagee shall no~~fy mortgagx of a change in such E jmounf. $uch sums sFa!I be appiied by mortgagee toward the payment of real property taaea, insurance prem.ums, and mortgage guaranty insurance p~tmiwnt. ~ IN WITNE55 WHEREOF, the said MORTGAGOR has hereunto set F~is ha~d ared seal the day and year f' st aforesaid. ; Signed, Sealed a livered in t presence of: € a.._ rcQRe~~ ' FILEO a ~ S7.lIlC+E COUNTY i t~~q • ROCER ?O~jR?S ~ CIERR C~RCUIT C0111tt ~ - RECORO YEP.IFIEO seaq SiATE OF FLORIDA ~ 3 49 PM'~ ` couNrr oF St. Lucie ~~~9 defa~ mt penonally ~ppeared .S81Al1iBl BI'dYII _ and Jer~r~ethel Bro~m his wife, to me well known and known ro me to b~ the individwls deuribed i~ and who exccut~d the fwepoirp instrumtnt, ~nd atknowledyed befo~e me that they executed the same for tht purposes ~ ~r,~.~~ .xa~d. n.,a sa~d Jenyethel Bro~rn Samuel Brorm w~re of d,. ssid m ~,pon ,..pw~w,d piv.a , examinsrion by me ta4en xparate and apart from her uid huaba~d, ~ckrawledged 1o and before me that she eaecuted said irWnri~l~ volw? ra.ily and w~thout a~y compubion, coostraint, appreMnswn, ar of a from her said husband. Mt~ w~: ti r ~ WITNESS my hand and officisl seal thi day of ~~~4~~ s - / . / _ s 911f~ . ~ 'r( ~ e~: ~ . ..•t = Nofary Public in and (w the Sb[t. ~ My Comm~ssion expiresc ~ : ~-a a I ~j ' y ~ Return To: ' ~r~ . ~ i i~~:~. ~ First Fede~a) Savings a loan Associat;on ~,5.~`*r,y~~AV `Q~~ , O( Forr P,e:ce. ~A~ Pl16UC, STATE fJ~ i~ ~ ` c•~ ~ Fwt P~e~ce. Fb~~da MY ~~~ISSI(7N EXt'i:._J ..AY. ,t~'. Q`~~~~s: ~ ~onoEO t~utu Fato w. b~~;rtuw~,,,; i~;;~~~,:~._ ~ ~ _ L , - = ~ ~ This Instrument Prepared By J. D. Chssteiti First Federal Savings ~ loan Association ~ of Fort Pierce If1o2'ida ~ ' ~aoK i92 27fi8 Checked By~- ~ ~ l~s ~ ~ ~ ~ ~ ~ - - - ~ ~ - - ~ - ~ - ~