The URL can be used to link to this page

Home My WebLink About0475 9. To place and coroinuo~sly keep o~ the bu~:d~~~gs rtow w he~raiter a~tuate on sald land and on eli equipmeM ane~ perso~d~~y covc~ed by this mortg- age, with ~II p~BmiumS ~herro~ pa~d in (uil, f~re insurance 1n the ~sual sta~~ard pot~cy (orm, in a sum approved by the MORtG:.GfE, and winds~orm ~nwrance in the us~al sra~dard pot~cy fo~m, in s sum app~~ved by ~he MORIGAGEE, in svch company or to~~~panies as the h10~TGAGEE may direcf; ~nd all tire and w~ndstorm insura~ce po~~cies on any of sa~d buildmgs, any intereat therein or parl thereol, in the aggregate sum afo~eia~d or In extesf thereof, shall contain tFx usuat standard mortgagee clause or euch other clause as the Mo~tgagee may requ+re, ma?in~ the ~oss undrr sa~d rali- c~es, each and eve~y, payab~e ~o se~d h1JRTGAGEE as ~ts in~errst may appea?, and each and every svch po:~cy shall be prompNy ass gned a~~d de:~~+:r ~ to eny hrld by said h10R~GAGEE as (urthr~ security to sa~d n:ortgage debt, and, not !ess than ~en (101 days in adrance of the exp~~at~on of each polity, ~o da Iiver to said MORTGAGEE a rertewal thereof, logether with a rece~pt fw Ihe premium of such renevcal; and ~hert shall be no f~re or ~vinds~o~~n ir.s~rance plated on any of said buildings, any interest thrre~n or part thereof, untess in the form and with the ~oss payable as aforesaid; and i~ the event any sum ^f ~nonsy btcomes payable undrr such poliq o~ poGcios said MORTGAGEE shall have tAe oprion to receive and apply the same on accou:~t of the indebted- ness aecwed hereby or ~o perm~t sa~d MORTGAGORS ro receive and use it a any pa~~ thereof tor o~nrr ~.ur~.oses, v:~i~.out ~h o; w.:~~~ c~ ~~~~pL~~• ing any equity, lien or nght undrr w by virt~e of this mo:agagc; and in the ev~nt sa~d MORTGAGORS sha11 far any reason fail to keep ~he sa~d prem:sas so insured, or fail to de!ive~ promptty sny of sa~d policiea af insurance to sa:d MORTGAGEE, or fail promptly ~o pay fu~fy any pre~~,~vm thercfor or in a~y renpect fail to perlorm, d~scharge, execute, affeU, cwnpletr, comply with aod abide by this cove~aN, or any p~rt hrreof, sa~d MORiGAGEE nwy piace a~.d pay fw such insurance or any part thereof w~~hout waiving o~ afiecting any option, lien, equ~ty, or right under or by virtue of this Mortgage, and the full a~nouM of each and e~ery wch payment shall be immediately due and payab~e and shall bear interest from tho dare thereoE u~~til p~~d at the ra+e ol n~ne per centu~n per annum and toaether wifh such interest shall ix secured by the lien of this mongage. To permit, commif or suffer no waste, impaim~enf a deterioration of sa~d properry or any part thereof, 5. To pay all and singula~ ~he costs, charges and expenses, ~ncluding a reasonable altorney's fee and costs of abstracts oi ti~le, incurred or paid at any time by said MORiGAGfE, because w in tix event o~ the fa~:ure on the pan of the said MORiGAGOR to du:y, pro~~~pt{y and fully pe~form, d~scharge. ~xewte, efiec~, compkte, comply weh a~~d ab:dr by each and every the stip~lat~ons, agrer~nents, condiNons, and tovenants of said prom~ssory note and th~s mortgage any or either, and sa+d costs, charges and expenses, each and every, shatl be immediately due and payable; whe~her o? not the:e be nor~~e d~ mand, attempt 1o coltect or suit pend~ng; and the full amount of each and every s~ch payment shall bear interest from the date thereof unti{ paid a1 Ihe rare of nine per centum per annum; and all said cos~s, charges and ex;~eoses incurred w paid, togethrr wdh suth interest, shall be secured by the lien of th~s mortgage. 6. That {a) in the eveN of any breach of this hlortgage or default on ehe part of ~he MORTGAGOR, o~ (b) in the event any oF sa:d sums of money herein referred to be not p~ompNy and fully paid wiihfn th~rty (30) days ~ext atn r tne same severatty becoma due ~nd payabte, without demand or notice. or (c) in the evem each and every the stipv;at~ons, agreem~nts, tond~tions and tovenants of sa:d prornissory note and th~s mo~tgage any or el~her are not ~uly, prompNy and f~11y performed, d:scharged, execured; effected, completed, complied wiih and abided 5y, then ~n e~the~ or any such event the said ag ~~egate sum mentio~~ed :n said promissory ~ote the~ re~naining unpaid, with intere;t accrued, and ail moneys secured hereby, shall brcume due and pay ab:e forthwith, w thereafter, at ~he option of said MORTGAGEE, as fully and comp:etely as if all of tiee sa~d s~ms of money were or~ginatly snputated to be pa~d on such day, anything in sa.d prom~ssory note or in this blo~tgagz to the contrary notwithstanding; and ihrreupon w the~eafte~ at the opr,oo of sa:d MORTCaAGEE, without not~ce or demand, suit at law w in equ~ty, therefwe or Iherrafter begun, may be prosecuted as if all moneys secured hereby n;d mafured pnor to ~ts institution. 7. Tha! in the event that at the beginning of w at any time pending arty su~t upon this Morrgage, o~ to foreclose it, or to reform it, or to enforce payment of any tlaems he~eunder, seid IrtvKivi.`v~~ si~e~i eppiy io tne Cavr~ ho~~~~3 ju:S;:::;::c::: :lfe:e3f tor the appointment of a Reteiver, such Court shafl Fc~t!~with appoint a receiver of said morrgaged property all and singula., inctud:n~ ail and s~ngv~ar tne inco~ne, ~+roi~ts, ~uues and revenues irom whate~er se~rce derived, each and every of wh~ch, rt being eapressly undersrood, is hereby mortgaged as if spec~fically set forlh and describtd in the g.aroing and h3bendum clauses hereof, and wch Rcceiver shali have alt the broad and effecrwe f~ncnons and powers in anyw~sz entrusted by a Cou~t to a Recei.v, and s. ch appointment shall be made by such Court as an ad~nitted equity and a matter of absolute ~~9ht to said MORiGAGEE, and without reference to the edequocy or inadeqvacy oi the value of the property mor~gaged or to the so.vency or insotvency of sa~d MORTGAGOR w the defenda~ts, artd th;t such ~enra, profits, income, issues and revenues sha~l be applied by such Receiver accord~ng to the lien or equity of said MORTGAGEE and fhe practice of such Coutt. 8. To duly, promptty and fully perform, discharge, execute, efiect, complete, comply w~th and abide by each and eve~y the stipulations, agreemertts, ccndrtions and covenanrs ~n sa~d p~a~r+issory note and th~s mo~t~age set forth. 9. That in the eve~t the ewr.ership of the mortgaged prem~ses, or any part tner¢of, becomes vested in a perwn other than the MORTGAGOR, the ~'~RTGAGEE, its successors and ass~gns, may, w~~hou~ no~~ce to the ~50RTG~+OR, dea~ wirh such successor w successor in interesi with reference to th~s n o•tgage and the deb~ hereby secured in the same manner as with l.!ortgago. without in any way vihating or d~uharg~ng the Mortgagors" liability here- der or upon tha dEbt he.eby sec~red. No sale of the Frem~ses hereby morrgaged and no forpea~ance on the part oi the MORTGAGE[ or its successors c{ assigns and no exrension of the rime for the payrne~~t of the debt hereby setured given by the MORTGAGEE o~ its successora or ass~gns, aha11 operate ro re!ease, d~scharge, mod~fy change o~ affect the origmal iiao;irty of the AM1ORiGAGOR herei~, either in whole or in part_ 10. It is spec~fically agreed that time is o( the essence of this contract and that no waiver of any obtigat~on hereunder w of 'the obligation se- c~red heroby shal~ at any time thereafter be he:d to.be a wai~er of the terms hereof or of the instrument secvred herby. 11. In add t:o.~ to th_ fG~ego ng monih!y payme~ts of princ p~l and intrrest requ~red by the prom's>ory no!e secured hereby, mortga~or covenants ~~,d agrees to pay to n:o~rgagee ~n~th each monrh'y pay~.;e~~t an add~~.onal sum est.n,ated by mortgagee to be equai to 1, !2 of thc ann~al cos~ of the tollow- ,3 A-All ~eal property taacs levied or assessed ag.3i^st thc above dezcrib_d r_al estate. . ! B-Pr~:T;~u~rs on fire and windsrorm insuracce as ne~e~n requ:~ed to be carried on the ~mprovemeats situate on the above d:scribed premises. C-Prern~ums on wch mortg~ge gua~anty insura~.ce as mortgagee sha~l from : me to time deem fit to carry on the toan secured hereby. Mwtgagee shail from nme to time notify mort,agor in writ~ng of the a:r.ovnt due and p-yable here~ndrr and s~ch sum shall thereupon lxe due and y :~~abl¢ on the due dare ai the rtext monthty payment and each successive n:onth thereafter ur.tit mortgagee shal! rtotify mortgagor of a change in such ~ ovnt. Such sums sh.ail be app'~ed by mwtgagee tovvard the paymen! of rea~ property taxes, insurance prem,ums, and mortgage guaraMy insurance c•e~niums_ - . . 3 IN \'~ITNE55 LYHEREOF, said MORTGAGOR has hereunto set his hand and seal she day a -pear first a re . ~ 1 Signed, Seal and del' eied in the sence of: /,I~' : ~ ~ i !/(li~c ~ ~ . ~ (Seaq [ ~ _ J ~1~- (Seal) y ~ ' r _ (Seal) _ _ (Seal) ? ~ c ~ ~ S i ATE OF FLQRIDA St. Lucie u- ~ ~~uNtY oF 1 ~ Before me pe~sonally appeared Everett BZa1/netl and ~ Linda Bza en ° ~ ~ his wife, to me well known and known to nle,to b~ . ~i the individuats descri6ed in and who executed the foregoing instrument, and acknowtedged before me that they executed the same for~ihe~purpQses . ~ rhe~ein expressed. And the :a~d- Linda Braynen t : ~ Everett Brayaen ~ ° - ~ ~:.fe of the sa~d upon r s~.a+e'a~ P.i~ars~,l_ : ~.am:na4on by me taken separate and apart from her said huabend, acle+wwledge~ ~o a~+d h?in.s me tha~ she eYecuted said instrurnerll (r'eel and volun- - ? ra~~~y and w~rhout any compu~sio~, constraint, appre n r fear of or from her said husband. . ~ ~ Janua ry - - 93`: Ew~ WITNESS my hand and officia~ seal this_ _ day of .,D. 19 _ , • _ j ~ c ; _ _ : - G . • ~ ` , Notary Public in an or the St of F~ a~•lac~e , e't.' - . .:y My Commission expires: ~ ~.7' ; Return To: ~ ~ ~ first federal Savings 3 Loan Associat:on „t~,,, Of forf P.erce ~8~~~'• ~r f~oRioa at LpRCE Fort Pierce, flor~da NY COV'.1?:g(nr~ rX~ , - • .;ontlr0 .'r~ ~ ' "i C. ?3. ?975 ~ '',S ' ~ ' :~'ar:t .)r.'.~rAl:trlf. ~ f~ieo ~~c Rfc:,aa~o ~t ST IUCIF ~~UNTY flA. ~ First Federal Savnest8~ loan AsgociaionH' Roberts, RE~~ERK~~?_~U1T~ URt ` r'; 9 ORQ Y=P.t~~ _ of Fort Pierce ~ Florida E~ . Checked By~_ ~g 1136 PH '13 ~ z4~o3~ a~~K2~0 475 . ~ _ - ~ ~ ~ r ~ :Y ~ ~ ~ ~,~~~r~ y ~ ~ _ ~ . _ ~