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Home My WebLink About1690 3. To p:ace and cont~nuousiy keep on tha bui:d~ngs now or hereaf~e~ ~~tuate on sa:d tand and on aL' cquipment and personally cove~ed by this mor age, w++h aN p~em;ums ihcreon pa-d m full, fire ins~ronce ~n ihe ~sual srandard po.lcy iorm, in a s~m appro~ed hy ~he MOR~GAGEE, and w~ndsto ~~svrance ~n ?he usual s}anda~d po:.cy (am, in a svm approved by ihe h50RTGAGEE, in such company or co~npanies as ihe AtiORTGAGEf m d~~ecr, and all fire and w~nds~orm insurance policies on a~y of sa~d lw~Id;ngs, any interes~ therein or parf thereof, in ~he aggregate sum aforesald ~n excess thereof, shall comoin ihe uwal standard mortgagae clause or such o~her clause as tha Mortgagee may reyu~re, maMmg the loss unde~ s.~~d po c~es, each and every, paya;,!e ro said MORIGAGEE as its in~crrst may appear, a~d eacA an~ every such po:~cy shall be prompuy asa gned a~~d detivared : any held by sald 1.10RIGAGEE as fur~har secu~ity ~o said mongaye debt, and, ~ot less than ten (10) days in advance of the expirat~on of each po6cy, to d~ ;~~er ~o sa~d MORTGAGEE a renewaf thereof, toge~her with a receipt lor the premium of such rene+~al; and there shail be ~o f~re or wfndsrcnn ins~ranc p!aced on any of sa~d bu~~d:ngz, any interest the~e;n or part fhereof, unless ~n the form and wi~h ~he losa payabte aa aforesaid; and in Ihe evenf any sun of money becomei payab2e u~dtr such poGCy or poGues said MORTGAGEE shall have ~he option to rece~ve and anply tha same on accaunt of ~he indebtrd ness securrd hereby w to perrnit sa~d MORTGAGORS to reteive and use it w any part rhr:eof for o:ner purEoses, r.;~hout ~h_.~u~ tiva:+i.~~ cr u~ipa~. ~ng any equ~ty, lien or r~ght und~v w by virtue of ihis mo:tgaae; and in the event sa~d MORTGAGORS shall ;or any reason fail to keep the said premises so ~~~swed, or fail to del~vcr promptly any of said pol~ties of insuran~e to sald MORTGAGEE, or fai! promptly /o pay futty any pre~~~i.rm thtrefor or in any iesprct faii to pe~form, d~scharge, execute, etfect, complete, comp:y wi~h and ab~de by th~s cavenar.t, or any part hrreof, said MORTvAGEE may place a~~d ps~ for such insurance or any part thereof w~thout waiving or aifectiog any option, iien, equ~ty, or right ur,der w by virtue of this Mo~fgage, and tht f;;ll amount of each and every such paymeM shatl 6e immediately due a:wl payabte and shall baar interes~ from 1he date thereof uNil pa~d at the rate ot •~::~e pe~ centum pe~ annu,n ~~~d to~rther with such inter~st shali t~e sacured by the lien of this mortpage. 4. To p~rmil, tomm~l or su{fer no waste, impairmenf or deteriora~ion of said property or any part therepf. 5. To pay all and s~ngu~ar the costs, charges and eapenses, including a reasonable attorney's fee and costs of abstracls of title, incurred or paid st ~~y ti~~:e by soid MOR~GAGEE, beca~se a in the evenr of the failure on the part of ehe said MORIGAGOR to duty, pra.nptly and iully perform, dntharge. ~.ccute, effect, complete, comply wnh and ab:de by each and every tbe stipu~al~ons, agreements, conditions, and covenanrs oi said promissory note and ~h~~ = xryag~_ any or e~~her, and sa:d costs, charges and expenses, each and every, shalf be immediately due and payab!e: whether or not there be notice da rn:.nd, atrempt to collecr or suit pend~ng; and the full amount ef each and eve~y wch payment shall bea~ interest fran the date thereof until paid al Ihe o~ n~ne per crntum per anuu:n; on~ al! said costs, charges and ex,~naes incurred w paid, together w~th such interest, shatl be secured by the Iien of thi~ n:OrtgagC. 6. That (a1 in the event of any breach of this Mortgage ar defaut? on tFw_ parf of the MORTGAGOR, or (b) in the event any oF sa:d suma of money t:~re~n refenrd to be not pron,ptly and fully paid within th~rty (30) days next aiter the same severa'ly become due and payable, wiihout demand o~ notice. c~ ~c) in tht evenl eath and every the stip~fations, agreements, tondirions and covenants o! sa:d qomissory nofe and th~s mortgage any or either are nol iuly, promptty and fuuy performed, dscharged, executed, eifected, compieted, compGed w~th and abided Sy, theo in e~ther w any wch event the sald ag- arogate sum menrioned in sa~d promissory note then rema~ning unpaid, with intere~t attrued, and aif moneys sewred hereby, shall become due and pay- ~o fo.thyv+rh, oi ~he~eaf~e•, at the opr;on of said M0~2TGAGEE, as fully and completely as if all of the said svms of money were originally st~putaled be pa'.d on such day, anything in sa:d pro~n~ssory note or in this Mortgage to the conrrary no~~nriths~anding; and thereupon or thereafter al the option of s~•.i MORTGAGEE, witho~t not~ce or demand, suit at law w in eqvity, therefore o~ the~eaftei begun, may be prosecuted as if all moneys secured hereby c<d matutetl pr~or lo ds institution. 7. Ihat in the event that at the beginning of o~ at any time pending any suit upon this Mortgage, w to fweclose it, or to reform it, or to enforce f~ ~ ~ment o4 any cfaims he.eunder, said I+tORTGAGEE sha(t apply to the Cowt having jurisd~c~ion the~eof for the ap~~ntment of a Reteiver, such Court shall i:;; <hw~th appomt a rece~ver of sa~d mortgaged property all and singular, indud~ng all and s~nguiar tF.e income, prohts, issue: and revenues irom whatever s•,rce der~vr~, each and every of wh~ch, it be~ng expressly u~e~s~ood, is hereby mo~tgaged as ~f speufically set forth and dexrited in the granting and ~endum ciavses hereof, ar.d such ReceiYer shall have all fhe broad and effect~ve funct~ons ar.d po.~en in anyw~se emrusfed by a Cowt to a Receiver, and s_h appo~ntmenr sh>ii be made by such Court as an admitted equity and a matter oi absolute nght to said MORTGAGEE, a~d withoul re(erence to the quacy or inadeq~a~y of the va:~e of the property mo+tgaged or to the so~vency or insolvency of sa+d MORiGAGOR or Ihe defendants, a~d that such ~s, prof~ts, inco,ne, iswPS and revenues shali 6e appGed by such Rece+ver accord~ng ~o the lien or equity of said MORTGAGEE and the practice of such Court. B. 7o du!y, prompt;y and fully perform, discharge, executr, effect, complete, comply with and abide by eath and every the stipulations, agreeme~ts, ~cedit:ons and eovenanrs ~n sa~d nromisswy note and this mortgage set forth. 9. That in the event the ownership of the mortgaged premises, or any pa?t thereof, betomes vested in a person other than the MORTGAGUR, the :.~RTGAG:E, its successors and ass~gns, may, wiihout nosice to the ~'10RTGAOR, deat with such successor or successor in interest with refertnce to this ! ~•rg~ge a,:d the dcbt hereby setu~ed in the same manner as with Mortgago~ without in any way vitiating or d~scharg~ng the Mortgagors' liability here- f .:~.der or upon the debt hc~eby sewred. No sa:e of the premises hereby mortgaged and no fwbearance on the part of the MORTGAGEE or its successors , a55~7n5 and no exrens~on of the time for the payme~t of the debr hereby secured given by the MORTGAGEE or its successors or au:gns, atiall operate ~ re~ease, dacharge, modify change or affetl the original Iian~Gty of the MORTGAGOR herein, either in whole or io part. ~ s 10. It is soeufical:y agreed that time is of the essence of this contract and that no waiver of any ob~~gat~on hereunder or of tF~e obligation se- .~red hcreby sha~t at ani time thereafter be heid to be a waiver of the terms hereof w of fhe insrrument secwed herby. t L M a:id.tio, th~ forego~ng rnont~!y paym~n2s of princ pal and irtre+est requ)red by 1he p~om;ssary no!e secured hereby, mortgagor covenants •:i agr_es to pay to mortgayee verth each month!y payr: ent an add~rional sum estin:ated by mortgagee to be equal to 1, 12 of the annual cost of the fo:low- A-Ai! real property taxes (evi:d or assesseo agai•~st the abave desaibed re~al estate. 6 Pr.~~~ ~u ~rs on (+.e and windsro:m insuracce as he~ein requ~red to be carried on the ~mprovements situate on tfie above dsscribed premises. C-Pr~,~:~i~:=.s on svch m.orrg~ge guaranry ir.sura-.ce as mortgagee shall from. tme ro t6ne deem fit to carry on 1he loan sec~red hereby. ~ 6'ortgagee sh,!! .'~c:n t~me to :~me notify mertgagor ~n wr~ting of the amou~t due and payable hereundrr and such su~~ shall ~hereupon be due and j ,.;b'e on tha ci,,e d~t•~ ot the next nTOnth;y paym~nt and each successive month thereaftrr ur.til mortgagee shall notify mortgagot of a change in such r,;nt. S~ch su:ns s~ a:l Le app'ird by mortgagee toward the payment of real property taxes, insurance prem;ums, and mortgage guara~ty insurance ~ . -e~r.iums. 1~1 l'117NE~S '.~HER`cOF, the said MORTGAGOR has hereunto set his hand and seal the day year first f e~ f r Signed, Sealed and detivered in tF~ presence ofz 1 N~~~ ~ /0~1i4 i - ~ a~~ ~ ` ' ~~'~c~ ~ cs~an ; '~c.~-~ cs~ary ~ - I~irtda Bravnen ~~,q S ~ ATE OF FLORIDA ~ ~JUNTY OF St. Lucie ~ ~ ~ Befoie me personally appeared Everett Bravnen a~ Z.lAC~B Bramen his wife, to me well known and known to me to be ~;nd~viduais descrihed in and who executed the fwegoing instrument, and atknowtedged befwe me that they execvted the same fw tF~e purposes rh~~•ein expressed. And the said_ L1ndd Braynen - :.;`e of the sa~d _Everett Braynen ~ ; _ upon a.teparafe and pr;vata ~.~m~rat~on by me taken separate and aparl from her aaid husband, acknowtedged to and befwe rtk that she executeci said insv~kt~slrt ffeeCy~~d voluo- ~y and w~thout any compulsion, ~onstraim, appreher~sion, or fear of or from h~r said husband. ' . % ' r . . WIT~1E55 my hand and offic;al seal this- day of a, ~~~.72 ~ / i ~ ~ - ; Notafy Public in and tor Stste,~f:fla~ita ~ l~?g~ = i My C'omm~ssion expires: ~ ~ _ Retu~n To: . ~ ~ , First Federal Savings 3 loan Associat~on 03 Fort P~~ce- . rcrt Pirrce. F!cr;c~3 "~'r,~ ?~~EO AN~ ~ECOROEa ST. LIfCIE COUMTY fLA. AOCER POITRAS t This In;trument Prepared By; J. H. Roberts~ Jr. CIERK CIACUIT COORT First Federal Savinqs & loan Association RECOR~ YERtFiEO of Fort Pierce , Florida 33450 Checked Sy~ J~. t6 IZ o~ PN o R 23402~ 8ocx 2~4 ~16~ ~ ~ : _ - - , ~ ~ ~ ~ Y'~:~ ~~~-x ~ ? ~;y 4~ a .~`s _ ~"'~='~s~~~.s~'x~~3'K...... . _ _ r.~~~~ tK: ~ ~