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Home My WebLink About1612 ~ : . 3. To place and continuously 4eep o~ the bui:~ir~gs ~ow a herea{ter situate on sa+d land +nd oe ~II equipment and penon~liy covered by this matp- ap~, with ~II premiums thercon pa~d in tull, fira insurance in the uiual s~+ndard po~ity (orm, in a ium approved by Ihe MOR(GAGEE, a~d windstam insurance in ths usual ua~xla~d patcy torm, i~ • sum ~pproved by ~he MORTGAGEE, in such company w compan~es as ~he MORTGAGEE may d'uecr, and all fir~ and wind~?orm iniur~nce polic~es on sny o( ta~d Iwild~nyi, ~ny i~rere~t therein w part ~hereof, i~ the agyrcqaie sum afaesald w in excess thereo(, shalt contain the usual a~andard matgegee cl~vie w i~ch o~ha clauis ei ~he MatyaBes rrHy requir~, makinp ths lois unde. sa~d poti- ci~s, e~th and ev~ry. payabl~ to ssid MORTGAGEE as its interest may appear, and each and every such po~icy tiAall be prompliy su gned and delive~ed ~o _ any Fald by said MORTGAGEE as fur~he~ iecu~ity ~o said mor~g~ge deb4 +nd, not leu tMn tM (10) days i~ advance ef tM expiration of e+c.h policy, to da live~ to uid MORTGAGEE a rtrxwal the~eof, tog~ther with a ~eceipl fw 1he pemium o( such ~enewal; ~nd ihere ahall be no fire or windstam insu~~nc~ placed on any of said bvildings, any i~tcretl thetei~ a part the~eo(, unless in tht torm snd with IM ~ou payable as afaesaid; and in tl~e event any •um of money becomes payable u+~dei such policy a polKiei said MORfGACaEE ~hall hav~ ~Ix opt~on ro ~eceive and ~pply ~he unx on ~ccoun~ o( the indebTed- oeu tatured hereby ot fo permit said MORTGAGORS to rKeive and vi~ it o~ any part thereof for other pu~poses, witho~t thereb/ wa~vin3 or unpair- irq any equity, lien or right under or by virtue of this mwtgags; ~nd in the event aid MORTGAGORS sAsll (a ~ny reason fail to keep ths taid p?emites so iruured, or fail to detiva pranplly a~y of said policies of i~sursnc~ to said MORTGAGEE, a fail promptly to pay fully any premium therefw a in any r~spact fail to perfam, d~scharge, execute, effect, complete, comply with end abids by this cove~ant. a+ny parl l+ereoi, sa~d MORTGAGEE rrwy place and pay fa tuch i~surancs w~ny part thereof without waiving w~ffec~iny aM? option, li~~, equity, w r~ght unde~ w by virtue of this Matgags, ~~d the f~ll amovn~ oi each and every wch paymenl shall be immedis~ely dw and payable and shall besr interest from th~ date thereof until paid ~t ths rate of n~ns per centum pr annum and ~ogerhe. wi~h wc6 i~terQSt shall bs srcured by /he lien of this mwt~age. 1. To permit, commit a suffer no waste, imptirmem a deteriwation of wid p?ope?ty a any p~rt thereof. 5. To pay all snd :ingular the costs, charges srsd ezpenses, including s reasonabls anwney's fee snd costt of sbstractt of titls, incurred or paid at any lime by sa~d MORTGAGfE, because w in the event of the fa~lure on the pan of the ssid MORTGAGOR 1o duly, promptly and futly pe~fwm, diuharge, execute, effect, comptete, comply with and abide by exh and every the stipulstions, agreeme~ts, conditions, ~nd covenanb of said promissory note and thi~ matyage any or rither, ~nd sa~d costs, chargei and expenses, each and evay, sMll be immediately due and payable• whether a not there be r+otice da mu~d, sttempt to cotlect or suit pending; and th~ full amount ot each and every such paymen~ shall bea. interest from the date-thereof until paid at the ~atr oF nirx per centum per an~iu:n; and all uid costs, charges and expenses incurred w paid, together with tuch interest, shall be secured by the lien of th~s mortpaye. ' b. That (a) i~ the evsnt of any brexh of this Mortgag~ or defavlt on the pa?t oi the MORTGAGOR, or (b) in the ev~r?t a~y of seid sums of money herein refe~~ed to be not promptly and fully p~id within thirty (30) days r?eat after Il~e same severally become due and payable, without demand or ~otice, or in the event each and every the stipulations, a9reements, conditions and covenants o( sa~d promissory note a~d th~s morfgage any p eithe? are no1 ~uly, promptly and (ully performed, d~uharged executed, ef~ected, completed, canplied with and abided by, then in eithcr or any svch evem ths sa~d ag gregate sum menrioned in said promissory note then remaining unpaid, wi+h ir,teresl acuved, and all moneyt setu~ed hcreby, shall become due and pay- abte forthwith, or thereafte~, at the option oi said MORTGAGEE, as fully ~nd completely as ii all of the said wms of money were aginally st~pulated to be pa~d on stxh day, anything in sa:d promissory note or in this Mortgage to the contrary norwithsts~ding; ard thereupon or thereaftm at the option of said MORIGAGEE, without notice or dertund, suit al law p in equity, therefore w thereaiter begun, may be prosecuted as if all moneys secured lxreby hed matuffd pnOf to its instilutiofi. 7. That in the event that at the beginn'u~g of w at any time pending any wit upon this 1Nortgage, w,to faeclose it, or to reform it, or to enforce payment of any tlaims F+ereunde?, said MORTGAGEE shall apply to the Court having jurisdiction thereof for Ihe appointment of a Receiver, such CouA shall Forthwith appoint a receiver of said mort9sged propcrty all snd sirgvla~, inct~d~ng all and sinyuia~ Ihe income, prolits, issues and revenues {rom whatever sovrce derived, each and every of whith, it beiny expreuly ~nckrstood, is hcreby mo~tgaged as if specifically set forth and described in the yrantirg and habendum clavices hereof, and such Receiver shail have all ~he brosd and effecfive fu~c~~ons and powers in snywise entrusted by a Court to a Receiver, end s~ch sppointment shall be made by such Court as an adr.+itted equ~ty and a matter of absolute right to said MORTCaAGEE, and without reference to the adequacy or inadequacy of the value of the properry mortgaged w to the sowency or ~nsolvency of sa~d MORiGAGOR or the defendants, and that such ren~s, profits, income, iuuea a~d revenues shall be appfied by such Receiver acco?ding to the lien a equity of uid MORTGAGEE snd the prutice of such Court. 8. To duly, prompt?y and fu{ly perform, dixharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreements, conditions and co~enants in said promisswy note and this mortgage set fwth_ _ 4. That in the event the ownership of the mortgaged premises, or sny part thereof, becomq vested i~ a person other tha~ the MORTGAGOR, the MORTGAGEE, its succeuors and ass~gns, may, wifhout notice to the MORTGAOR, deal with such successor or wccessor in interest with reference to this mortgage and the debt hereby secured in the same manner as w~th Nbrtgagor without in any way vitiating or dixharging the Mortgagora' liability FKrr under w upon the debt hereby secured_ No sale of the premises hereby morlgaged and no fwbearance on the part of tFre MORTGAGEE or its successors or auigns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGEE or its ~uccessors or auigro, shall operats ro releax, d~scharge, mod~fy changc or affect the original liab~l~ty of.the MORTGAGOR herein, either i~ whole w in part. 10_ It is specificalty agreed that time is of the essence of this contract a~d that no waiver of any obligation hereunder w of the oblgation sr cured hereby shall at any lime thereafter be held to be a waiver of the terms hereof a of tne instrument setured he~by. 11_ In add~tion to the fo~ego:ng monthly payments of princ'pal and interest requ~red by the promissory note secured hereby, mortgagor covenants , and agrees to pay to mortgagee w~th each monthly payment an add;iional sum est~mated by mortgagee to be eqval to 1/ 12 of the annual tost of the follow- in~: f A-All real property taxas levied or asxsseci aga~~st the above described real estate. j ~ B-Premiums on fire and windstorm insurar,ce as hereen requ~red to be carried on the improveme~ts situate on the above described premises. E C-Premiums on such mortg~ge guaranty insurar,ce as mortgagee shafl from t~me to time deem fit to carry on the loan secured hereby. ! Mortgagee shall from time to t~me notiiy mortgagor in w~iting of the amount due and payable hereuoder and such sum shall thereupon be due and ~ ;.ayabie on the due date of the next monthty payment and each successive month thereafter ur,til morigagee shall notify morigagw of a change in suth S amount. Such sums shail be appiied by mortgagee toward the payment of rea! property taxes, insurance prem;ums, and mortgage guaranty insurance 's ~ premiums. ~ IN \VITNE55 Y,IHfREOF, the said MOR7GAGOR has hereunto set his hand and seal the day and year iirst or s ~ Signed, Sealed and delivered in the p?csence of: l H Ed~vard Br hoff ~ t~e s . ~ (.~c lC-- -r ~ ~ S, Bonnie Lee Rrunhoff ~~a~ ~ ~ ~ ~ STATE OF~OVax Michinan Kent ~ - couNrr oF eefore me personally appeared H. Edward Brunhoff a~ Ronnie Lee Brunhoff his wife, to me well known and koown to me to be the individuals describrd in and who execuied the foregoing instrument, and acknowledged be(ae me fhat they executed the same for the purposes ~ therein expressed. And the said R~nnie I.E.'f' Rrunhoff ~ H. Edward Brunhoff w~fe of the said - ~pon a separate and private examinatan by me taken separate and apart from her xid husband, scknowledged to and befwe me that she eaetuted said instrument freely and voturr ~ ~arily and w~thout sny compul:ion, constraim, apprehension, or fear of or from her said husbsnd. ~ WITNESS my hand and o.'ficial seal this day o( .7une _ a p. ~973 ~ ~.ncl~t.a., ~ . R?,~rrr.f~rna?. . !,:''.l . `~cT~~.r..;. Notary Public in snd . the State of FDLi~C st , My CommiuiOn expires: T'~1C}d ~~ri' "f',~_ Return To: . ~ . ' ~i First Federsl Savirr~s b~~n ,~~~ar~~, ~ SANORA l. DENKEMI~ _ " ~ of Fo,t P,e,~e. . Notary Public, Yent County. Mict~ _ ~ Fort Pierce. Flerida _ ~ COI~Ip115S1011 EXpUBS ~J-Z1•~~ , _ ! T i~~7i~rUV ~ : _ , ' y: .'s - 4 •,I I ! ~Y O p • ' l l . fILEO ANO NECORp~ ~ - This Instrument Prepared ey Ri c ha rd K. Kaye s iT. LYCIE COUN?Y f~. First Federat Savings 8~ loan Association ROCEa ~01?RA8 ~ CLERK CI~CUIT COURT ~ _ n~Fort Pierce Flo rida RECORD vER~FfED.~.~ ~ ~ Y ( Checked 8;~~ ,lu~ 10 . 2 4z PM ~~3~~ ~ ~ " STA ~F Fl_ORIDA. ~ - ; ~ ~ D~CUMENYAR~! S7A____MP T A X i d~' i'~ ! CO UfPt. Of REYENUE ~'f ~ ~ ~ - ~ - ~ J"s~irl~~i~~"!-7,.•'~r V O. O O ~ ~t ~ - P 8 ~ ~ . ' ~ ' ~ - . - ' 'z`.r ~,a~- .'r - - - ~ ~ . _ . . . - - _ „ ~ ~ _ _ ` - -~~x~.s ~ . ~ _ _ _ m