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Home My WebLink About2272 S. To pl~c~ aed continuoualy ksep on tM bui!dinqs ~ow a I+~re~ftK ~itu~t~ on said t~nd ~nd on ~N equip.»ent ar+d penonatly cov~red by thii ma sy~, with al! p?~mivm~ Ihtrwn paid in tutl, fire insuranc~ in the ~swl sundard polity fwrn, in ~ sum approwd by Ihe MORTGAGEE. and windito ~niwance in tFN uwal au~dard pol~cy fwm. in ~ sum ~pproved by 1hs MORTGAGEE, in wch company a comp+niss as ths MORTGAGEE m dir~ctt and all fin and wiodstorm inw~u~c~ policies on ~rty of said b~iWinps, ~ny tntsra~ thsrein w put tMreof, i~ tM ~pyre9~~t sum afonuid In ~xcesa thereof. shall contain the ~sua~ i~u+dud mortga~ cl~vs~ a suth o~F~ cl~~a~ u tM Mal~ayse may req~ir~. makinp tM Ioss vnde~ uid po cie~, e~ch and ewry, p~yabtt w iaid MORTGAGEE s~ its interest may apptar, u?d eacA and ~vcry ~vch policy ahall be prompty ass:yned and delivered ~ • any held by said MORTGAGEE as turther secu~ity to said ma~yag~ debt, and, not I~sf fhan ten (10) days in advance of the expir~tan of each policy, to d~ 1~ve~ to aid MORTGAGEE ~ r~new+l tharwf, toys~l?N wi~h a racapt for tM pnmiwn of wch renewal; and there shatl b~ no fira o. wind:eorm insv~anc placed on any oi pid b~i~nps, sny intertst tM~ain or pan ?hereof, unless in tFw form and with tM loss payabl~ as ~foresaWt and G? tM ev~nt any iun of mon~y becom~t payabl~ under such polky w policies said MORTGAGEE shalt Mw ~M option ~o rateive and ~pply ths same a+ accouM of the indebted ~eu setu~~d haeby w w pe~mit s~id MORTGAGORS fo receive ~od uss it w any part thereof fw orher purpoaes, wl~hout thweb~ wai~ing w~mpair irg any eq~ity, lien w right uader or by virtw of this mortyay~t and in tM ~vent taid MORTGAGORS s!?all to~ iny reaion fail to ketp the said prNr?isea w insured, or f~il b deliwr promptly sny of wid policies of imwante to said MORTGAGEE, or fail promplly to paY fuHy any premium tf~erafo~ or In a~y :espett fat! to pe~iorm, d~schargs, ~:ecvte, tffM; complNe, camply with snd abid~ by this cownaM, w ~ny parl herwf, said MORTGAGEE m+y pl~ce and pay fa tuch ienu~ance a any put tlw~eof wiinout wsivirg a affsctirg a~y option, lien, equity, w riQM vnde? o+ by virtW of thit l~lartyaQe, and the full ~mount of each and ewry such paymsn~ shall be immedi~tely dus and payabl~ a~d aMN bra? intaesf from /M daq thereof v~til paid at 1M ra» ol nins per centum pa annum and together with such i~terest ihalf be tecu~ed by tM li~n of this matps~s. To permit, commit a wffa no w»ts. impairment a deteriw~tion of said prope~ry w sny p~~t tMreof. 5. To pay all and sinp~lu the costs, ch~rpes and expenies, induding • rcasonable anwney'a fee a~d costs of abstracts of tiNe, tncvr~ed or paid at any time by said MORTGAGEE, bataux o~ in tM event of tM failwa on th~ psrt of tM said MORTGAGOR ro duly, promptty ~nd fully perform, dixhary~, execwe effect, complero, comply with and ab:de by each and every the stipul~tioro„ ~gretments conditions, ~nd tovenanls of said promiuwy note and thiu mw?pape any or eitha~, a~d said costs, charges and expenses, eac!? and every, thall be immediately dus ~nd payabkt whether a not the~e bs not;os da mancL ~ttempt to colkct p svit pending: snd tM full artaunt of each end wery such psymem sMll bea iotereat from Ihs dste thereof until paid at th~ rete oF nine per centum per aru~um; and all said tosts, char9p and expenses incurrad or paid, together with ~uth iMerest, shall bt secured by the lien of f!w mortya~. 6. That (a) in the ~wnt of any breach of this MortgsQ~ or def~ult on the pa?t of the MORTGAGOR, a(b) in the evenf ~ny of said svens of mo~ey herein r~ferred to be no1 prompNy and fully paid within thi?fy (3p) days next after Ihe aame severally betane dve snd pay~bb, without d~mand or ~olite. or in the event each and avery the stipu{ations, agreemenh, conditions and covenants of sa+d p?omiuory rwte and th;s mortyape ~ny a either ~re not iuly, promptly aod fulty pe~fwmed, dischsrged, executed, effected, compkted, compl~ed w~th and abided by, then in either or any wch eva~t the said ag gregats wm mentioned in said promiswry note then remaininp vnpaid. with interest atuued, and aIl moneys secured herebY. shall become dw and pay- able forthwitly a thereaher, at the opt;on of said MORTGAGEE _~s fully ~nd completely as ii all of the said sums of money were originally st~pu:ated to be paid on s~ch day. anytF~ing in sa~d promiuwy note or in thia Mortgage ro the contrary notwi~hsund~ng; and thereupon or thereafte~ at the opt~on of said MORTGAGEE, without ootice or dem~nd, suit at law or in eqvify, fllHtfOfQ OK iFICENffK DGBuI~, msy be proxcvted as if all ma~eys ~ecured hareby had maWred prwr fo its institWion. 7. That in the event that at the beginning of or ~t any time pe~ling any wit upon this Mwtgsge, w to forecloie it, or fo reform it. q to e~fate payment of any claims herevnde?, said MpRTGAGEE sMlt apply to the Coun having jurisdi s~_ ~~~oE f~r t~p~+t,~Q,bfapReEelver, such Court shall forfhwifh sppoint s receive? of said mort9aged property all aod singular. inctudmg all and s'~iMj~ili~'Y'n~q `Qr ~N+~s and ~evenues from wF~aterer source de?ired, each and every of whKh, it beinp expressly unders?ood, is hereby mwtga9ed as if specif" fet T1'~j In fhe yra~fing and habendum ctausrs hereof, and suth Receiver ahall bave al! the brwd arxl effective functi t'Nf~~~iri~~ ~ ust}~!' b a Receive~, and such appointment shall be made by such Court as an admitted equity and a matter of a adeqvacy a insdequacy of the value of the p?opecty mortgaged or to the sorv y*~~~~f- fermce to the cnty w in ' 61t~ and that suth renu, profin, inca»e iu~es and revenves shall be applied by such Receiver acco?ding eq~,ity of ~aid MORTGAGEE and the practice of such Courf. 8. To duly, promptly and fully perform, dixharge, execute, effecb complete, comply with and abide by each aod every the stipedations, agreeme~ri, to ..:......s ~:.a tc..ii::._ • : ~-::...e_ ; _ - t..d N.» _.......e..__ _ ..t fe~r~h_ . 9. That in the event the ownership of the mortgsged premises, or any part the~eof, becomes vested io a person other thao the MORTGAGOR, tl+e MORTGAGEE, ifs succeuas and auigns, may, witFa~rt notice fo the MORTGAOR, deal wi~h such wccessor or successor in interest witA reftrence fo this mortgage and the debt hereby secu~ed in fhe same manner u witA Nbrtgapor without in any way vitisting or discharging the Mortgagors' liability hcre- under a vpon the debt hereby secvred. No sale of the Fremises F?ereby mortgaged snd no forbearance on the part of the MORTGAGEE or its successon or auigns snd no extension of the time for the payment of the debt hereby secured gfven by the MORTGAGEE or its s~ccessors q assigns, sha11 ope~ate to releax, discharge, modify chsnge or affect the wiginsl liabitity of the MORTGAGOR herein, either in whok a in part. 10. It is specifically agreed that time is of the esxrxe of this contract and that na wsive? of any obligation hereunder or of the obligaYan se- cu~ed hereby shall at any t~me thereafter be held to be a waiver of the terma l~ereof or of the instrument secured herby. 11. In additio~ to tF~e fwego:ng monthly payments of princ'pal and inrerest required by the p~omissory note sctured hereby, mortgagor covenants and agrees to pay to mortgagee with each monthly payment an addirional sum estimsted by mortgagee to be equal to 1/12 of the annual toat of the follow- ing: A-All reaf property taxes levied w assessed against the above desc~ibed reai estate. B-Premiums o~ fire anr! wirrdsrwm insurance as h~ie+n requ~red to be afrried on the improveme:?ts tituate on the above desvibed premises. C-Premiums on such matgage guaranty insurance as mo~tgagee shall from time to time deem fit to urry on fhe loan secured hereby. Mwtgagee shatl from time to time notify mortgagor in writing of the amount due and payable hereunder and such wm shall thereupon be due and payabk on the d~e date of the next monthty payment and each successive mortth thereafte~ urtil mortgagte sha~l notify mortgagor af a thange in such amount. Such sums sF.all be applied by mortgagee toward the payment of rea) property taxes, insurance prem:ums, and mwtgage gua~anty insurance p~emiums. IN WITNESS WHEREOf, the said MORTGAGOR has herevnto xt his ha»d and seal the day and y first aforesaid. SiQnet~, Sealed<n.d delivered in the prese~te of: ~ 4 i Rose B. Brey, a sing2 adul~,~ ! ' ~-o ! ~-o STATE OF FLORIOA ~ ~ courmr oF _ St. Lucie ~ Before me personally appeared Rnse B_ BreK~~jaale adult ~ ~ ,.....~.~oll known and known to ms to be [ the individua0[ desvibed in and who executed tla foregoing instrument, and atknowledyed before me that ~ executed the same for tt~e purposes ~ therein expressed. ~ I ~ ~ ~ ` WITNESS my Mnd and official teal th' ~y o{ D.'ro~ f~~ .t~` ~ . „ ~C3?~", i , R ! Y~' Q ; . Norsry PuWic ' for Stst F(a~ • Lar~: ,,q = ~ ~4 My Conrnissia+ expir . OTA x:~'f~~d ~ ~j~ ~ Retum Ta ~ - MY COt•~.t!~S':•~?i. EXPfR~i~~ "E ( Fint Fede~sl Savings 3 lwn Astotiation , eonded Tnru Gc l~~s "~1~'~~~ ~}~eb~ ~ Of Fort Rerce. , ; T, ~ y ~ , .rt . i~, Fort Pie.ce, Florida ~ ' fILED ANn REC~RDE~ a., i I gT.lUC1E ~8t111TY fiA. ,A` } ~ r9 ~ i! IIOC~R f~~tTRAS C"V ( ' • Richard K Ka e Ci:.C01T COURT r ~ This Instrument Prepared By• • Y s aEC~Fd YEP.~iIEO~ First Federal Savings & Loan Association ' ~ . of Fort Pierce ~ Florida 33450 ~ 1~ 1Z z9 PM ~~Z Checked By 23~~~ ~ . ~'ooK202 Pac~2270 ~