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To plan and coroi~wwslY keeP on 1M tui~dirys ~~ow or hereajr~r s:wate a+ sa~d land u+d oo sli equip~e~+t and p~n~naUy cov~red by ~his ma1¢
eye, w~eh a1i prem~ums tl~rreu~ pa,d ~ fu~i, i~~c +ns::~o~ce ~n tht ,:svsl vendarJ uo~Ky to~m, in a scrn aµwo+~d by tM M~R~GAGEE, end .v~ndstae+
~nsura~ct :n ~ns usuel s?u+cia~d pa`~cY 'arn, in a eum aMj~~c.ed Gy sAe MUR'GAGfE_ in sucA company a co~np+n~es aa tha 1NO~IGAGEE m+Y ~
d~rect; :.~d all fir~ and w~ndsrorm imw.~._~ polKiz• a~ +ny of »:d a+~td.ngs. anr intereat ti.e~~in w Nlt thrr~of, in tM ayg~egat! sum aforas~id or .
in exceu tner~u/. shall conuin tM ~s~al s~.nd.ud mwrg,gce ciause a wch oihe~ ci~~se a~ ~he Matya9e~ ~y requ-r~. ma?ing tM Io~s v~dc~ sa~d po~f
c;es, eath and evrry, payab!e ro sa+d 1aOATGAGfE a1 ~is uv~r~s~ ~uI ,NF~ar, end each and ~~ery :~ch po~~cy sF.aN be p+o~~p~~Y +ssy~~cd m~d deiivrred to
an~ ~,etd by s•:d MORIG/?GEE u ivrther ~ecu~~tY w s,+~d n:ori~ege debr, a;:d, not :css ~ha~ trn (~G) da~s i~ ad+a~ua ot the exp~rat~on oi each pot;cy, to de-
ir.er tp s~id AIIORTGAGEE a ranewal therrat, togethe~ w~~h a rrte~pt fa tAe p~r~~
~~m of such renewoi; and thera shall be no fite ot w:o~istono ie~~ra~K~
~slaced on ~ny of said bvHdiags. ~ny interrsl Ihnein a part rhrrecf, umru ~n rh. tcnn a~d w~th ~he ~oss parabie as afo.esaid: and ~n the r.en? any sv~n .
o.' nwn~y becon+cs payao~e unde~ tuch peIKY w W~•c'as sa~d MORTGAGEE ilwil havc rhe opt~a? ro rece~ve and app~y the as~ne o~ ucount ol ~!~t indabred-
ne~s SeCWed h!~lby a ro permil taid ~AORTGAGORS ro ftteive u3! i1 Of any ':a't tht~tof ICr e:n~•~ ~~~r.~osri. ~YdnpJt IharaO/ r.a~ru~q M~n:p.:~r-
;ng anY equiry, lier+ w~~ght under or by virtue oi •~:s nro:'gage; and ~n ihe evcn~ sa:d A10RiG.'~.iO~S shali fo~ any reason fail to kaep the sa~d p~em~ses so
;nsur~. or faii lo delive~ p:omptly any of seid po!~ues of ins~r.,nce ro sa~d I.tOR`GAGEE. oi fa~! promptly to p~y fu~lv anr p~e„t,um tl?z•clw w in ~~Y
r. ;pect fail ro per{wm, d~scha~ge, execute, eftecb ca~+p~ata. complV w~~h arx! ab~3a bY th:s <ovena~~, o~ any po~t hrreof, said MORiGAGEE may p~ace a~~d
pay (or such insvrarxe or any part ~he~cof w~Thou~ waivi~~g w affedi~zg aoy o~?::x~. ~ien, cq~~ry, o~ .~gh~ undrr a by virtue of ih;s Margage, and ~he
f~l~ amavnt o( eath and every s~th paymen~ shall tx im,,.~d~ate'y d„r a~1d pati.~tte a~x! sha:I bcar ~nterest fran tFw date tF+trecf wvil pa~d st th^ rate ot
~ e prt iontum pN annwr and to~rth.r w~Th uch i~~tc~~•s+ shali ;r_~ src..r.rd Uy the l;en oi th~z morrga9a • ,
1. To ptrmit, commit or su~fer no waste, impair~urnt oQ drt~•r~oro!+on of s3~J ~ roperty or d~Y Pan ~he~eof• ~
5. To pay all and singvtH tt~e cest~, chargcs and eapa»:s, ~n.~ud~ng a reasaiaU'e attwney's fee a~~d costs of abstacts of title, %ricurrtd o~ paid at •
,~y ~ime by sa;d MORIGAG'.E, becausc a in the evrn~ of fhe (i:we on fne p~n af tix :a:d h1~RTGAGOR to duly, pron+pdy and futly perform. d~scha.ge, ~
e,~e•cute, eff~ct, complete, ta~:+ply w~th and abde by each and e..ry the shpula~~ens. +y~er~•~ents, conditioru, and mrenants of w~d prom~sso~y ~?ote and this ,
~.>•r9ege any o~ ei~her, and sa~d costs. charges and rxpenses. cach and eve~y, shail be ~m.~ncd.atety dx snd payable: wFKther w not thr~e be ~ot~ce da ~
r•,a•~j, attempt to tollect o~ wit pend~r.g; and rFx Ev1I ~.nov:+t of each and evrry such payn,ero :tail bear ~n~e~est f~om the date th~reof until paid +t the ~
c! n ne pe~ centum ~,ar a~~~~e::n; and a~l sa~d custs, cha~~rs a:~d iaY~•nse~ :.-»:,.rcd ar Ne~d. ~oyetF.r w~th s~ch imerest, sha11 be secu~rd by the lien of Ih~s
(r,ortgage.
4. That (a) in the e~reM of any breach of this Mor~gage or drFau!r on ii,e pa~t c~ the ASORTGAGOR, w;bj in the event any of so:d aums of mo~ey ~
~ere;n referred ~o be no~ promptly and fully paid v~irh:n ~h+r~y i3G) days ncx! art>r the sa.me seJerat:y beconx ~us a~d payable. witiw~t dema~d o~ notite. .
: r rc1 in the event each arr! every ihe st~pu:at~ons, agreKmenK, cor:diTio:~s and co+.cnenrs of sa~d promiuory note and ~h~s mortgage.any o~ ei~her +~e rtw i
}~iv. promptly and (~liy ~rrtormed, dscharged, ea~tvt~d, rfiec~ed. ca~~.:etey, to~i~p~.ed w~th and a~+ded `ay, ~hen io eAher or any sxh event ~he sa~d ag
~-~•;a!e aum mem'aned in said pran~sswy n~te tAen remain~ng ur.pa~d w~~n ~nterBSt a[::ur~, a~KI a~~ m.x~y-s scty{re3 h-..te~y, stsill b~^tane dw +~+d Wl'
r.: c~ #or:hwith, o~ the-eafrer, at the cc•:on cf sa:d :~10RTGAG~F, as fu:!y a~d c~.-~p e+e~v as if ai1 of thr sa~d sums of t~Only we?e originstly slipuisted
r oa~d on such day, anythir.g in sa.d p~o:n~ssery no~e ot :n m~s :tortgaye to ttic canirary notwithstand~ng; and +hrrefipw~o? ttierlafta ai the oplion of
.'ORTGAGEE, with.out not~ce or demand, sun at law w in eqwtf. ~nerefore or ther_•a!te~ beguo; m~y~be'ptosecvt~d ~s if ~II mOOSys ~etur~d hereby
~ .d •,•at~red pnot to ~ts institutron. • ~ ~
7. TF.at in the 2ven~ that eT tht bey.nn~ng of w et any ti+~:e pt~2d+c~9 any sui! t~ru~ this MO~tgage. d to 4weClos! it, w to reform.it, O? t0 ODfo~CO
,-.-~nt af any cla~s he~eunder, said MORTGAGEE sheli app~y fo ~ne Court 1wvi: g ~ur~sd.c~ion lhereof for ~he a~o~nAnent of a Reteiver, such Cour~ shall ~
•:.:rh appo.~~t a rece~ver of sa~d me~tgayed prope~ty al1 a•~d s~r~u~ar, uulvdng e~1 .~nd s~~~yutar ihe ~~cane, p~o(ds, iuuet and revenues from whateve~
der~ved, each a~d every oi wh•ch, be~i:g eipress!~~ ~~de~stood, ~s her~~y mcrrg~~cd as it spec~ficaily set fwth and deser7bed in the g~anting and ~
I, _~:.d.,m dauses hereof, and such Receiver shali have al! the Sroad a*.d effecn.e f..ru.ons and powNS in anyw~se entrustrd by a Court to a Receiver, aixl
, a~pointmrnt shalt Ne made by suc6 Ceurt as an admirted equity ana a~natrer oi sbso~ute r~gM to said MORTGAGEE, ~nd without reierence to the
`~__cy o+ inadeq~ac; of the V3IUC of the p~~F~rty mo~~g~~ed or fo ~i~r so::~nc~ cr ~n,o~vency of sa~d MORTGAGOR or the defendants, and ~hat such ~
•s ;:roiits, income, issues and reveRUes s1w~!! be appii~d by such Rece~.er accord:ng ~o tne tien or equity of said MORTGAGEE and the p~actice of such
;rt.
3. To du'ry, prarptly ,nd Fuity perfe~m, d:xharge, execu'e, efcecr, compleu, cen~~,~y w~th and ab+de by each and every the st:pulations, agreerrxnu, ~
d:~ cns and covenan:s :n sa+d prom+ssory nc~e a~d !h's motc~age aet fo~rn.
9. 7hat in the event the owne:sh~p of the ,r.arrgaged pr:n:+ses, ar an~ part t~E~EGf. L'CCWnQf vested in s person othet than the MORTGAGOR, the ~
:,,TGAvE:. i!s svccessor> and au~gns, rnay, wiihout r.or•ce to ~~c `•~O~TG%-OR. dea~ wrth svch successw w successw ~n interes~ with refere~+ce fo this
:.•-g~ce a~d tiie Jcbt her~oy secured in the same manr.cr as w~th btortgag~. w:thout in a~y way vit,ating a d~xha~g~og the ltiort9agu~i ~~sb~lity her~
or upo~ the drbt hcrrb~ secvreccl. No soie cf ;'r:z Frc+n~ses hereGy mongaged ar.d no forbearanee on ~he part of the MORIGAGEE a its successwf
.~ss~9ns and no exrens~on o~ rhe rir.ie for the payment vF ths drb+ M~~rby securrd g~ven by the MORTGAGEE o• its wccessors w ass~gns, a7aa11 operate
c._ e~se, d~scharge, mod;fy changt or affea the w~ga+al tiab.;;~y of ei~e MURTGAGt7R herein, eit~er in whole or in pui.
10. It is specil~ca=ly agreed that time is of the esse~+ce of ?hE: conrract ar.d that no w~iver oi any oblgation hereunder or of the obl'yation sr
,_~ed h::_eby s!~a.i at any-ti~e ~Acreaher be tie:d to be s wa~vrr cf !he `erms hereot or of the instr~menl securod herby.
1l. In a~d.t:o:~ so rhe twegd~,g ~:,onrh~y payn._nfs ot µ:~ncpal ar.d ~s,ierest ~equ;red by ~he prom[ssery nore secured hereby, mortgagor tovenan~s
d a,•^es to pay ro mo'~9ag°e with cac!~ momh~y pay~ ~ent an ad,~'..~ionai svm ~-s':m,ated by mortgagee to be eG~al to 1 j 12 of the annuai cost of the follow-
A-A!1 rcal property taxes la•::ed or assess_ci agai••st tne above deu~i~cd rea! estate_
~ B- P~~+--. u~~a on fire and ~v~eds+o m.~sura::ce as i.ere~n ra•q~[red M b.- cen~~-d on the ~m;xovements s~tuate on tF+e abo+e destribed premises.
C-Pre*r~ums o~ suc!~ mcrt~~e gua•a~ty i^su:a+.te ts mo~rgagee sh~t: fram. t:rne tu :ime deem fit to carry on the Ican setured hereby_
~ htorlgagee stia 1 from =~:*'a to t::sr ~c::fy Tv:f} ji~cr wr~t+n,3 of t!ze J': O_~! dve and pavab!e hereundrr and s~th surn shall thereupon be due and
on the d~e da:e of the rze.~ ^zo:~f~'y pay:~~,~_nr and e..c~ svccessi.•e ^:onrh ~~e~ejher unti! mcrtga3ee sha~l notify mortgagor of a change in such
:..nr. Such s:.ms sF.a'1 be appl:ed tr martg.~-_e ~o..a:d tF.e p~y~rent oF real o.eperty taxes, insurjrxe prcm.ums, a~~d mwtgage g~aranty insurance
•.'•JTS.
~ 1!9 Y~ITNESS .YH~R~Of, tne sa:d A'ORiGAGOR has heraunto sei his h~nd and sea! tht day and yex fint af~i~-
ned, ed and defivered in the p~esence oi: , ~7
($es~
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. OF fLORIDA ' ~ {
;•:TY OF St . j`11C1~ 1 ;
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Befwe me personaliy appea?ed Jerome E. gYO~I'11e@ a~ ~
Sharon K. Arownlee his wife, to me well known and known t~ me to be
a:nd:viduais described in and who executed the fore~oirg insuument, and acknowledged before me that they executed the same for the purposes
Sharon K. Browrilee ~
-_-e:n expressed. And the said `
.'e of the ~~a Jerome E. Brownlee vpcwiM~lip~ate and privafe
~ r.at~o~ by me takzn separate and apart from F.er said husba~d, xknowiedged to and beio~e me that she exruted sa~d insylin7rtt ~?~yt1-~ w~un'
~ i and without any compufsion, constraint, apprech~en~~s..~~ or fear of ot from he~ said sband. ~
'.YITNcSS my hand aed offrc~al seal this---~+~]L1S6L-_-_ day of ••A~~'~G
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N ry Public in ~~d fos tfr Stals ' 3~t Larp3 _
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Commiss"wn e~pites• ~R
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Retum im ~ ~ I : ' , = ~
;-st tedcrai Savings d. Loan Assoc~at:on _ • : , ,
Of FOr~ P.erte. . r
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fort P~erce, fior~dj • `
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w, ~~~N~~ •l:~l;t?t~t
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i"io~eR P~~
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This Instrument Prepared By J• Rorbes ~E~K ~R,r~O
First Federal Savings b Loan Association RE~OND Y~
of Fort Pierce ~ ~lorida 33450 ~ ~ ~1~~ _
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C~ecked By ~
~oax ~ e ~
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