The URL can be used to link to this page

Home My WebLink About2733 . } ~ t 3. To p~ace and continuously keap on the bui:d~ngs now w he~eaher ~iluate on s~id land and on al! eq~~p~nent and personally covered by this mo~ ege, w~th all prem~ums ~he~eon pa~d ~n fuli, f~re insura~ue ~n the uiual s~andard po!iq form, in a swn aHproved by Ihe MOR~v~GEE, a~ d w~~~deto ~nsuraoce in 1he ~sual standard po7~cy fonn, in s sum approved by ~he MOR7GAGEE, in such company or con,panies as the MORiGAGEE m d~rect; and all liro ond wiods~orm insurance pofic~es on any of sa~d buildmgs, any interest therein or pan thereol, in the aggregare sum aloresa~d excess thereof, sha!! contain the uswl stand~rd mortgagee ciause w such mher dause as ~hs Mortyayee may rrqu~re, making the loas undr~ sa~d po c~es, each and every, payable to sa+d MORTGAGEE at ~ts intzreat may appear, and each and every such po:~cy shatl ba promptly ass gnrd snd de~ivered ~ any held by sa~d MORfGAGEE as (u~~her security ro sa+d rnore~age deb?, and, not less than ten ~10) days in ad~ance ot ihe expl~ai~on of each pol~cy, to d~ t~ver to said MORTGAGEE a re~ewal thereof, togethe~ with a receipt for the premium of such rcuewal; and ihere shalt be no f~re o~ w~ndsto~m insuranc placed on any of sa~d b~ildings, any intcrest therein w pa~l thereoF, u tess in the form and wirh the loss payable as afo~esaid; and in the event a~y sun of money beromes payable un~er such polity or policies uid MORiGA EE shall have the opt~on to receive and app!y the same on account of ~he indabt~d nass secured he~eby or to perrn~t sa~d MORTGAGORS to reteive ~nd se it w any part the:cof fu~ o:n_r pury,os~s, .v~~h~~t Thr~ ~v.:~:~ t~ or ~~~,p~+~ ~~g any eq~~fy, tien a~~9hf under w by virrue oi this mo:lgage; and in !he evenl sa~d MORiGAGORS shall for any reaso~ fail to keep the said premisca so ~nsured, G fail to drliver pranptly any of said policies of inwrance id MORTGAGEE, o~ fai! promptly to pay fuNy any p~e~~~ium therefor o+ in a~y respect fail to perform, d+scha~ge, execute, effect, tomp;ete, compty with and abide by this tovenant, or any pan hrreof, said MURTGAGEE may piace and pny fa such insurance o~ a~y part thereof wlthout wsiving o? affecting aoy option, lien, equ~ty, o~ r~ght under « by v~rwe ol th~: Mortgage, and ~he f~lt amo,~~t of each and e~ery such payment shall be ~mmed~ately due and payabte and shall brar intereit from ~ha date thereof unril pa~d et the ra~e ol nine per cenrum per annum artd to~etha~ wirh such inte~est shatl be secured by the lieo o( this mortgaqe_ I. To pt~mit, comm;t w suFfer no waste, impairment or deterioration of said property w any part thereof. 5. To pay all and singular the costs, cha:ges and ezpenses, ~nctuding a reasonable a~torney's fee and costs oF abstracts ot title, incurred or paid at any t~me by su~d MORTGAG:E, because or in the event of the ta~lure on ~he part of ~he sa~d MORTGAGOR to duly, promptly and fvlly perlwm, d~scharge, =xec~te, effetl, compfe~e, co~nply w~th and ab:de by each and every the stipula~~ons, agreements, conditions, and covenants oi sa~d p~om~ssory note and this ,~orrgage any or e~~he+, and sa~d costs, char9es and expensea, each and every, shall be immediately due and payabte; whe~he~ or not fhere be nohce d~ mand, atrempt to colled or suit pendng; and the (utl amovnt of each and every such paymen~ shall bear iMeres~ Irom the date thereof until paid at the ~.,rr o~ nine per centum pe~ an~~un~; ~nc ali szid costs, charges and ex~enses incurred or paid, together w~th such interest, shall kx secured by the lien of th~s mortgage. 6. That (a) in the event of any b~each of this Mortgage or default on tFn part of the MOR7GAGOR, or (b) in the event any of sa;d sums of Mo~ey herein referred to be not pranptiy and fully paid within th~~ty (30) days ne,et after the same seve~a!ly ~ecome due and payable, wiihout demand or notice, or ~c) ~i~ the evtnt each and every the stipu~at~ons, agreements, tondrtions and covenants of sa:d promissory note ar~d th~s mortgage a~y or eirher are nm i~:y, pranptly and fulfy pe~formed, d.scharged, executed, eifected, completed, compl~ed with and ab~ded Sy, then in e:ther o~ any s~ch event the said ag g~egate sum mentioned in said promissory note then remaining unpaid, with inte~est accrued, and all ~nonnys setvred hereby, shall become due and pay eo:e (orthw~th, or thereafter, at ~he op~~on of said MOitiGAGfE, as fu17y and completely as if aU of the sald wms of money we~e or~g~natly st~pu~ated to be pa~d on such d~y, anything in sa.d p~om:sswy note or in this Mwtgage to ~he co~~~ary notvv~thstand~ng; and ~hereupon or thereaffer at the opnoa of sa,d MORTGAGcE, without ootke or demand, suit at law w in equity, therefore a thereaiser begun, may be prosecvted as if a!1 moneys secured hereby r::d maruretf pr~w to ~ts insfitution. 7. Tha1 in the eve~t that at the beyinning of w at any tirne pend~ng any suil upon this Mortgage, or to foretlose it, or to reform it, or to enforce ~ayment of any cla~ms he.eunder, sa~d MORTGAGEE shall apply to the Court having jur~sd~tt~on thereof for fhe appo~ntment of a Receiver, such Court shait forrhwith appo:nt a rece+ve~ o! said morrgaged proper~y al~ and singular, includ~ng all and singular the income, profas, issues and revenues from whatever s:urce drrived, each and every of wh~ch, it be~ng expressly unders~ood, is here5y mor~gaged as if spec:f~calty set fonh and deicribed in ihe gra~r;ng a~d habendum cfauses hereof, and such Receiver shatl have atl the broad and effective funct.ons and powers in anyw~se emrusted by a Court to a Recei~er, and s_ch appointment shatl be made by such Court as an admitted equity and a matte? of absolute r~gM to said l~10RTGAGEE, and without reference to the r.c_q~acy a inadequacy of the value of the prepe+ty mor~gaged or to the so:vency or inso~vency o( said MORiGAGOR or. the defendants, and ~ha? such ~e~rs, p~ofrts, incane, issaes and revenues shafl be appi~ed by such Rece~ver accordutig 1o the tien or equity of sa~d MORTGAGEE a~d the pracnce of such Cou?t. 8. To duiy, promptly and f~lly pe~form, discharge, execute, eifect, complere, comply w~1h a~d abide by each and every the stipulatio~s, agreemenfs, conditions and covenants ~n sa~d promissory nore and this morrgage set forth. 9. That in the event the ownership of the mortgaged premises, or any part thereof, be~omes vested in a person other ihan the MORTGAGOR, the "v^RTGAGEE, its successors and ass~gns, may, wi~hout notice to the A10R1GAOR, deal with such successw w successor in imerest w~~h reference to this ~~~u•~gage and the deot hereby secured in the same manne~ as wirh lAorrgago~ w;rho~t in any way vitiating or dacharg~ng the Nbrtgagors' Iiability here- - u~,de~ d upon the debt hereby sec~red. No sa~r of the Fremises hereby mo.tgaged ar.d no iorbearance on the part of the ?1VORiGAGEE or itz successors o~ assigns and r+o extensio~ of the time for the payment of the debt hereby secured given by the I'dORTGAGEf or its successors or ass;gns, a~iall operate ro re~ease, d~scharge, mod~fy change or a'.tect the o:ig~nal Iiao~Gry of the /RORTGA60R here~n, either in whole or in part. 10. It is spec~ficaliy agreed rhar time is o( the esse~ce cf this contracf and that no waiver of any obl~gat~on hereu~der or of the .obligation se- cvred hereby shaG at any time thereaf:er be held to be a waiver of the terms hereof o~ of the Gnstrume~t secured herby. 11. In add t~o~ to the forego ng month'y paym~nts of princ paI and interest required by the prom"sscry no!e sec~red h~~eby, mwlgagor eovenanfs d agrees tu ~ay to mongayee v~i:h each rt;on+hiy pay~.~ent an add,r~onal sum esnn:ated by mortgagee to be eq~ai to 1, 12 of the annual cost of the follow- ~ A-A!1 real propeity taaas fe•r~~d or assessed agai•,st thc above descrihed real estate. B--Pram~u:r.s o~ 1~r~ and w~~:dstonn insuracce as here~n reqv~red to be carr+ed on the ;mprovementi s~tuate on the above d=scribed premises_ C-Premi~,r.s o~ wch mo~tg;ae gua.anty ir.surar.ce as mortgagee shall fro~r t me to time deem fit to carry on the loan secvred 6eceby. Mo~tgagee shalf frcm n~ne to +~me notify mongagor ]n virit~ng o~ the amouot due and payable hereundrr and such su~n aha!1 thereupon be due and :~,ab!e on the due date of the next moNh:y payment and each successive month rhereaft~r urtil morfgagee stia!! nos~iy morfgagor of a change in such ount. Such su,ns sFa:l be app~~ed by mortgagNe towa.d the payment of real properTy taxes, insurance prem:ums, and mortgage guaranty insurance :~'emittms. IN YATNE '1'lHEREOF, the said MORiGAGOR has n eunto set his hand and sea! fhe day and ear first aforesaid_ Sig ed and d r t ence of: ~ ~ Ses1) _ ~=.t0@ fi• BtOIISOA {$eal) - - - (Seal) Christi M. B onson ~s~an SiATE OF flOR10A St . Lu~c ie ~ ' COU!~1TY Of ~ 8efore me personally appeared J~ BIOIISOII and • _ C~lllStl M. Bronson his wife, to me well known and kr.own to me to be T the individuals described in and who executed the foregoing instrument, and atknowledged before me that they executed the same for the purposes rherein expressed. And the said C~.l.~tl ~!'1. Bronson r: ~!e of the said -~ce E. BIOASOIl upon a' aare and privste e%am~rtation by me taken separate and apan from her said husband, acknowledged to and before me that she executed said ir4sfrument eely and volun- ~~r~ly and w+thout any compulsion, tonstrainL appre s , pr fear of or from her said husband. ~ ' , f WiTNESS my hand and off~c7al seal th~s__ day of 'j~e ~ , q ~q~ N~ary Public in and or Stafe of Fiarida_~f'large Retum To: NIY Commission expiros: 3~~~75 - . First Federal Savings b loan Associat,on . _ Of Fort P e: ee. Forr Pirrce, Flcr~da ~ ~ °.:~Q".DEO - . _ . F1lEG .J~Mj AS~A. ` q7.lUC1C • a CIEFK~~ T~~t' : `4Rt c • 7his Instrument Prepared By : Gary F• Blll~OOd R~C^a`'' f~ First Federal Savin gs 8~ loan Association 3~ 1,~ P M I t of Fort Pierce ~ Flooc ida 33450 J~~ ' Checked By,~_~ 232622 0 R PAG~ ~ II ~leJ 3~i,~( / F~ ~~~.j'.~~:~"-~~~'~t~.s~.s`."~'~c~a~-c:;.: - ~ - - ~ - - -~iC: cr.~~ ~~.~.'~i"~,