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Home My WebLink About2907 3. To place and continuou~ty kcep on the bui!d~ngs ~ow w hcreafter ~itual~ on sa~d land and o~ equipment ~nd p~rsa+~lly tovered by this mwtq- sg~, with ~II p~emiums thereon pa~d in (ull, firs insurance in ths uswl standard policy form, in • ~um approved by 1Fw MOR~GAGfE, and w~nds~am ~ni~r~~c~ in ~M usuai tt~nda~d pol~cy to~m, in a:um spFxoved by +M MORTGAGEE, i~ such compa~y or compa~las as th~ MORTGAGEE m~y diractj end all fire +nd windstorm insurante policie~ or~ sny of aa~d bu~ld~n~i, s~y in~e~est therain or p~~~ ~hereol, in ~M aggregaq sum alw~said w in exceis the~eof, shall conuin the usual siandard ma~gayee cfause w iuch o~her clsuse as tM Mo.~gagee may requ~r~, makin~ tha loss unda s~~d po~i~ cies, tach ~nd eve~y, payab:e fo said MORTGAGEE a~ ~ti interes? may appea~, and each a~+d svery svch po~fcy ~hall be promptly ~ss.gned a~d de~ivered to any held by said MORiGAGEE ~s further security to said matgage dabt, and, i+o~ Itu than ten (~03 days in advsncs of the expira~ion of cach pol~ty, to d~- livtr to wid MORTGAGEE a renewal thereof, togetha with a recs~pl fw tM premium ol such renewal; and there shall bs no f~r~ o~ w~~ds~o~~n iniurai+ce plated. on ~ny of said buildings, ~~y inte~esf therein or part thereoi, unles~ in ~M form and with Ihs loss payab~e as ~(ore~~id; ~nd in the evtnt ~ny sum of monay becomes payable u~de+ tiuch policy or polK~es said MORTGAGEE shall havs ths optan !o rcceivs and appiy ~M tame on accoun~ of the indebted- ness secured hereby or ro permif ss~d MORTGAGORS fo reteive and us~ iT or any paal thereoi fw ofhcr purpmrs, v.~thout th~~eb~ wai~ing or ~mpa~r- ing any eq~~ty, lien or r~ght unde~ w by virtue of thii mor:yage; and in the eve~t s~~d MORTGAGORS :hafl fw ~ny reason fai! to keep the said premiias so ~~~vrecf, or faii fo deliver promptly any of said policies ot insur~nce to sa~d MORiGAGEE, or fail promptly to pay fully any premivm therefw w i~ any reipatl (ail ro per(wm, disch~rge, eaec~te, ef}ect, complNe, comply with ~od abide by lhit tovenant, w any part hereof, said MORTGAGEE may place and psy iw such insurance ot ~ny part thereof without waiving w affectirg ~ny option, lisn, equity, a riyF?~ under a by v~rtw of tAi~ Mutpape, and tht full amount of each and every such payment shall be immedutely due and payable ~nd sha11 bea. iMeresl from the date thereof u~~il p:~d ~t tM ~at~ ot n~ne per centum per annum and tpgether with suth imerast shall be secured by the lien of thii mortyage. 4. To permit, commit w suffer no waste, impai~ment a detcrioration of said property a aay part thereof. 5. To pay atl •nd iiryular ths c~ts, charges and expense~, i»cluding a ressonabls ~nomey's fee and ws~s of abs:racts of tids, incv?red or paid any time by said MORTGAGfE, bccauu w in the e~ent of tiie (ailure on ths part of the isid MORTGAGOR to duty, promptly and fu~ly perform, d~scha~g~, -xecute, eifed, complete, comply with and ab;de by each and every the stipulat~ons, egreemenrs, conditiau, and covenants of said promi:sory note a~d thii moregaqe any o~ eithe~, and ss~d cosfs, charges and expenses, each and evety, sMll be immedialely dve and payable; whe~her a not there be no~ice d~ mand, sttempl ro collett or suit pending; and the full amount of each and every suth paymenl ~hall txar iMerest irom the date thereof uMF) psid at the ra~e ol nine per centum per annurn; and a!1 said cotts, tharges and expenses intwred or paid, togetF~ w~th such interest, shall be ietured by the lien of thii mwtgags. s 6. That (a) in the event of any breach of this Mwtgsge w default on Ihe pa?t of the MORTGAGOR, ot (b) in fhe event any of said sums of moner herein referred,to be not promptly and futiy paid within thnty (30) dayi next after the same severally become due and payabts, without demand w nouce, t or (c) in the evem each and every the sGpulations, agrcements, co~ditions and covenaros of sa~d promissory note and th~s mwtgage any or e~the~ are no1 ~uly, p?omptly and fully performrd, d~xharged, ezecuted, effected. completed, compi~ed w7th and abided by, tMen in eifher o~ sny such event the sa~d ag~ gregate tum mtntioned in said promiuwy note the~ remaining unpaid, wilh interest attrutd, and all moneys secured hereby, shall betome due and pay~ abte forthwith, or thereafter, at the op~~on of aaid MORTGAGEE, ai fully and completely as if all of the said sums of money were orgina~ly itipulated ro be pa~d on such day, anything in sa~d prom~ssory note a in this Mo?tgage to the comrory notwithstanding; and thercupa+ w lhereafter at the option of said MORTGAGEE, without norice w demand, suit at law a in eq~ity, the~efore or thereafter begun, may be proucuted as if all mo~eys secured hereby nad mawred pnw to its ins~~tuuon. 7. That in the event that at the beginning of or at any time pending any suit upon thi= Mortgage, or to foreclose it, ot to refam it, or to enforte paymen~ of any claims hrreunder, said MORTGAGEE shall app(y to the Court having jur~sd~ct~on thereof fw the appointment of ~ Rateiver, such Court shall Forehwith appoint a receiver of said mortgaged property aIi and singular, includ~ng ati and sirgular the income, p?ofits, i~sexs and revenues from whatever seurce derived, each and eve~y of which, if being expressly unde~s~oo~, is hereby mongaged as if spec~(icalty set forth and described i~ Ihe y?a~ting a~d habendum clavses hereof, and such Receiver shall have alt the broad and effective funce~o~s and powers in anywise entrusted by s Court to a Receiver, and s~.:ch appointmcnt shaH be made by such Court as an admitted equity and a mattcr of absoiute right to said MORTGAGEE, and without teference to the edequaq a inadequaty of the value of the property mortgaged or ta the so~vency or insolvency o( said MORiGAGOR or the defendants, and that such renes, profits, income, issues and revenues shall be apptied by such Rcceiver accwd~ng to the lien or equity of said MORTGAGEE and the practice of such Court. 8_ To duly, promprly and fully perform, discharge, exccute, effect, complete, comply with snd abide by each a~d every the stipulations, agreeme~ts, conditions and covenants ~n sa~d promisswy note and ~his mortgage set forth. 9_ That in the event the ownership o~ 1Fe mortgaged premises, or any part thereof, betomes vested in a pe?wn otF+er fhan the MORTGAGOR, the Y10RTGAGFE, its successws and ass~gns, may, wittwut notice to the MORTGAOR, deal with such successo~ p successor in i~terest with rete~ente to thia mortgage and the debt hereby secured in the same manner as with Mortgagor without in any way vitialing p deuharging the Mortgago?s' liability he~r under or vpon tMe debt herchy secured. /Jo sak of the prem;ses hereby mortgaged and no fo~bearance on the part of the MORTGAGEE or its successon ' or auigr+s and no extension of ~he time fo. the payment of the debt hereby secured given by the MORTGAGEE or its succsssors o? auigns, ,hatl operate to release, dixharge, modify change or affect thc original tiabitily of thc MORiGAGOR herein, eilhei in whole w in part. 10. It is specificaUy agreed that time is of the essence oi this contrad and thal no waiver of any obligafion hereunder or of the obligaYan se- cured hereby shall at any time thereafter be held to be a waiver of the terms hereof or of the instrument secured i~erby. 11_ In add~tion to the farego:ng monthly paymems of princ'pal and interest required by the promissory ~ote secured hereby, mortgagor covenants zn~ agrees to pay to mo:tgagee vvith each monthty payrnent an add~rional sum esr~mated by mortgsgee to be equa~ to 1~~12 of the annuef cost of the follow- :ng: A-A~I real property taxes lev~ed or assessed against th~ above described real estate. B-Prem~ums on fire and windstorm insurar.ce as herein requ~~ed fo be ca~ried on the improveme~ts sitvate on the above described p~emises. C-Premiums on such mwtgage guaranty ir.surar~ce as mortgagee shall from. time to time deem fit to tarry on the ban setured hereby. ~ ' Mortgagee shall from fime to t;me noiify mortgagor in writ~ng of the amount due and payable hereunder and suth sum shall thereupon 6e due and F.ayable on the due date of ths next month:y payment ared each successive month thereafter ur,til rtwrtgagee shall notify mortgagw of a change in such a~*:ount_ $uch sums sF.a!f be apptied by mortgagee roward the payment of ~eal property taxes, insurance prem:ums, and mortgage guaranty iosuronce premiums. IN WITNE55 NHEREOF, the said MORTGAGOR has hereunto set his hand a~d seal the day and yea rst aforesaid. Signed. Sealed and deliv in the preaence of: n mas H . ruhn c~an . . ~ ~r ~se+~ Carol D . Bruhn rc.,p ~ STATE Of fLORtOA ~ ; cour,n oF St. Lucie E Before me penonally appeared Thomas H. Br11~121 f i - C8 ~7 D Br ~hn his w;fe, ro me well known and known to me:to lx ' the individuals described in and who executed the foregoing instrument. and scknowtedged before me that they executed fhe s~me .fQr the pu~pses ~ ~ rherein expressed. And the said ~.'dY'Ol. D. Brt1~lA r. ~~-r - . ~ w~(e of the uid _ • '~lOIRa3 H Bruhn upai~a~sr'srote~s.q P?i~/ite examination by me taken separate and apart from her said husband, ackrawledged ro and fore rne that s1~e exetuted said ;nsr~u~oept,freely an't! vOtv.i- ; raily and w~thout any compulsion, constraint, apprehe sion, a fear of or from her said hus . : . "i . , WITNESS my hanJ and official seal tKis day ot ,'~9_3~ ~ " ~ ~ - otary Publit in and for t StsRe' jlerid f ~a My Commission sxpitd: _ . ' ~ : ' Return To: ' ' ' • " Firtt Ftderal Savings 3 loan lissociat~on NOTARY PUB_IC. AA;f o1fiDRIDIM~LAaGE." , Of Fort P~erce. RtY Cf1'!:"~~S'~•i ~`~'f bfG,.29,~ ~5 ; _ . ~ , ~:Lt~Rm~RTp~eyten~• ' _ fort Pierce, Fiorida - 2~13~ ; ; FILED r.R~ P.ECQRDEO , 3 This Instrument Prepared By J. H. Roberts, Jr. SLtU.,iE ::OuMTY FLA. ~ First Federa! Savings & ioan Association AG;,~n ;;,;T~AS ~ ~ of Forr Pierce , Florida CLER~ G~~;u~; C~uRT R~I:3F!? ~~c.. c1-7~ , Checked By ~ ~u` ~0 3 Zs PM '73 ~ ' • 3no~! 21s ~ ; ; K ( ~ . , _ . . % q _ _ . . ~...v ~R.~'~1s1. ~~i'~¢~~'yY~"~: ; t4~=' ~ r ~ ~ ~ ~ ~^µ~`+i~