The URL can be used to link to this page

Home My WebLink About2921 _ 3. To piact end continuousiy keep on ths bui!d~ng~ now or hereatlar ~ituate on eaid ~and and on sll equipment and personally covared by this moilg- sg~, with ~11 p~emiumi Iherew? pa~d i~ iull, fire insurance in ths usua! ~tandard policy form, in a sum ayp~oved by the MOR(G~GEE, and winda~orm inivrsnt~ in ?he usual itandard pol;cy fwm, in • sum approved by tM MORTGAGEE, in ~uch company or canp+n~es et the MORiGAGEE may direut ~nd all fir~ and w~nditorm insurance poliues on eny of sa~d,buildmyi, any inter~it Iherein w part th~reol, in tht ag;~regate ~um aforesatd or in ~xceu Ihereof, ~MII contain IF+~ uswl ttandard ma~gagN clauss or suth othe~ tlaus~ IM Matyagee may requ~rs, makinp the ~oss under se~d po1F cie~, each ~nd avery, payable 1o s+id MORTGAGEE at ~~i intere~t may appear, and each and wery tuch poGq shall be promptly au g~ed snd deliver~d to any hsld by said MORTGAGEE af fu~ther security lo said mort~age debt, and, oot Iess 1Mn ten (10) days in advance of the expiration of each polity, to d.:- IivN fo faid MORTGAGEE a renewal thtrcof, toge~he~ with a ~eceipt for 1he p~emium oi such renewa~; and the~e shall be no f:re or v,,;nda~o~m insuranc~ pl~c~d on ~ny of said buildings, ~~y interett therai~ or pait thereof, unless in tl+e form and with 1M loss payabts as aforssa~d; ~nd in tM event any •um of mon~y be<ome~ ysyabte u~der such policy w policiai said MORiGAGEE shall have ths op~~on to rcceive and apply the same on account of ~he indcb~ed ~eu setured Mroby w b persnit said MORTGAGORS 1o receiva and v~s it or any pa~t thereof for other purposes, v.~thout th_.~b~ wai~~n~ ~r ~mpair• ? inq any pulty, lien a righl under o~ by vir~w of this mortyage; and in ths evem ta:d MORTGAGORS shaU fa any reasa~ fait to keep the sald p~emisas so ' ~nsured, w fail 1o deliver promptly any of said potKies ot insur~nc~ to sa~d MOR~GAGEE, w fail promp~ly to pay fulty ar.y pre~nlum therefo~ w in a~y respat iail b pe+fprry d'+schsrge, execute, effecf, canp~ete, comply with and abide by th~i tovenant, w any par~ hrreof, said MORTGAGEE may place a~d pay for tuch in~urance or ~ny pa~t Ihereof witFwut waivinq q affectirq eny oplion, lien, equity, ot righl under a by virtu~ of this Mortgage, and the , full amount of each and every such payment sMll be immedi~tely due and psyable and shall bear in~eres~ from the date thereof umil pa~d at the rata ol nine per centum per annum a~d together wieh such interest sha~l be secured by the lie~ of this mortpage. I. To permit, tommif p suffer ~o waste, impairment w deteriorotion of said property o~ ~ny pa~t thereof. 5. To pay all and singul~ the costs, charges and expenaes, including a ressw~able atew~ey's fee and costs of abstracts of title, incurred o~ paFd at eny time by said MORTGAGEE, because w in the event of the fai~ure on the part of Ihe ssid MORTGAGOR to duly, p~omptly and fully perfwm, d~scharge, execule, etfect, cwnplete, comply w,th and ab~de by each and eve?y the itipulations, agreements, condilions, end covenants of said pranisao?y note and ~his mwtyage any o~ eitF?er, and said costs, cM~ges snd eapenses, exh and every, sMll be immediately due and payable; whether w ~ot there be norice do- mand, atrempt ?o collect o? suit psnd~ng; and the futl amount of each and every such payment sMll bea? interest from the date thereof until paid at the ra~e o( nine p~ centum per am~um; and all said cosfs, charges and expen:es incwred o~ paid, together wnh such interest, shall be secured by the lian of thls mwt9ape. b. Tha1 (a) in the event of any breach of this Mortgage o~ default o~ ths part of the MORTGAGOR, or (b) in the event sny of satd sums of money nerein refer~sd to be not promptly and fully paid within thirty (30) days rxxt after the same severally becpne due and payable, without demand o? notice, or (c) in the event each and eve?y the stiputations, agreement~, conditions and tovenants of u:d promissory note and th~s nwrtgege any or either are not ~uly, promptly and tully periormed, d~xharged, executed, eifetted, completed, complitd with and abided 5y, then in eilher or any such event fhe sa~d ag gregate sum mentioneil in said promissory note then rcmaining unpeid, wi~h interes? accrued, and all moneys secured hereby, shall become d~e and pay- abte fo~fh~vith, or thereafter, a~ the opr~on of said MORTGAGEE, as fully and complete~y as ii all of the w~d sums of money were o~~ginatty at~putaTed W be paid on such day, anything in sa:d promissory note w in this Mortgaga to the contrary notwithstanding; and thereupon or•thareafter at Ihe op~ion of said MORTGAGEE, without not~ce or demand, suit at law w in equity, ~here(ore o~ therealter begun, may be pcosecuted as if all moneys secured hHeby had matu~ed pNOr to us institutan. 7. That in the evenl that at the beginning of or at any time pendi~g any svit upon this Mortgage, or to (o?etlose it, or to reform it, or to enforce payment of any claims he~evnde~, uid MORTGAGEE shali apply to ihe Court having jurisd~uion thereof for the sppointmenf of a Receiver, such Court shall fo+thwith ~ppoinf a receiver of said rtwrtgaged property all and singular, includ~ng all and singular the income, prof~ts, issues artd revenues irom whatevcr source derived, each and every of wh~ch, it being expreu!y under:~ood, is hereby mortgaged as if speuficatly xt forth and described in the gran~ing and habendum cla~ses he~eof, and such Receive. ahall have all the broad and elfecrive funct~ons and powers in anywise ent~usted by a Cou.t to a Receiver, and s~ch appointment shall be made by such Cou~t as an admitted equity and a matter of absolute right to said MORTGAGEf, and without reference to the adequacy or inadequacy of the valve of tht property mortgaged or to the so~vency or insolvency of said MORTGAGOR or the defendants, and that such renrs, profits, i~come, iuves a~ revenues shall be applied by such Receiver accord~~~g to fhe lien a equity of said MORTGAGEE and the practice of such Cour4 - 8_ To dufy, promptly and fully perform, d~scharge, execute, effect, complete, comply with and abide by each and eve?y the stipuiations, agreemcnts, cond~tions and covanants in sa~d promisswy note and th~s mortgage set forth. 9. That in the event the ownership of fhe mortgaged premises, or any part thereof, becomes vested in a perwn other than the MORTGAGOR, the MORTCaAGEE, its successors and assigns, may, without notice to the MORTGAOR, deal with such sutceuor or successor in irtterest wiih reference to this mo~tgage and the debt hereby secured in the same manner as with Mortgagor without in any way vitiating w discharging the Mortgagors' liability herr under w upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearance on the part of the MORTGAGEE or its svccessors or assigry and no cxte~sion of the time (or the payment of the debt hereby secured given by the MORTGAGEE or its successws or assigns, atiall operate to release, d~scharge, modify change a affecr the orig~nal liability of the N10RTGAGOR herein, eithe? :n whole w in part_ 10. tt is specifically agreed that tirne is of the essence of this consract and that no waiver of any obl~gation hereu~der or of the obligation sr ~ cured hereby shall at any time thereafter be held to be a waiver oi the terms hereof or of the instrument secured he~by. ~ 11: In add~tion to the forego:ng monthly payments of princ'pal and interest required by the promissory note secured hereby, mwtgagor tovenants jnd agrees ro pay to mortgagee with each monthiy payn~ent an addirional sum est~mared by mortgagee to be equal to 1;'12 of the annual cost of the follow- ~ ng: . A-All real property taxrs levied or assessed against the above described real estate. B-Premiums on fire and windstorm insurance as here~n requ~red to be carried on the improveme~ts situate o~ the above dascribed p~emises. C-Premiums on such mortgage guaranty inaurar,ce as mongagee shall from t~me to time deem fit to wrry on the loan secured fnereby_ Mortgagee shall from time to time notify mortgagor ~n writing of the amount due and payable hereunder and s~~ch s~m shatl thereupon be due and i ~+yable on the due date of the r.ext monthfy payment and each successive month thereafter ur,til mortgagee sha~l notify mortgagor of a change in such { e^ ovot. Such sums shail be apptied by mortgagee roward the payment of real property taxes, insurance prem:ums, and mortgage guaranty insurance t c;~emiums. ( IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year first aforesaid. • i 'gned, S aled ar~d~delive d in the presence of: ` ; / E 4 - ~aq ; ~ o ~ , ~ ~n i ~ CI aLd? a C_ Br~m_bl P ~~a~~ ' ~ STATE Of iLORIDA ~ 55. ~ ~ ~OUNTY OF Indian River ~ ~ ~ ~ Before me personally appeared John Wllll~ Bramble snd ~ 3 Cilaudia Ci. Bramble his wife, to me well known and known to me to be ~ ~ rhe individuals desvibed in and who executed the foregoing instrument, and acknorvledged beiore me that they executed the same fw the purposes ; ~ therein expressed_ And the said .laLdi a C Bram le +,~fe of the said .TO~'lt1 wll laiY1 Rramhl p upon a separote and private examinaGon by me taken separate and apart from her said husband, acknowledged to and before me that she executed said instrument freely and voluo- ~ tanly and without any compulsion, constraint, apprehenaion, o/? fear of w from her said busband. { ~ WITNESS my hand and official seal this ~~~2~ day of A D. 19_7~ s ~ ~ - fi~EO ati~ aEc . ST.ll~~3t GOUNT~ F~A. Notary Public in and for t . ata of flwida at large ~ RGGc n%J~TRAS My Comm~ssion expires: ' = Return ro: CIERK ;i~~;Uit COURT - i • 4 ~y First Feder~l Savings 3 Loan Association P~CO~~ vF~ =!Et~ d~Q ~ b~ , ~~~~1~~~. y . ~ ~ ; Cli Gnrt Pler~o p3 ' ~ .r<: . t - ~ ~IM r ~ ~ 3~ ~ 44 ~ ~I~,: ~ ~ < c~~~ ~ : ~e.d ~.~d, fi?~ a ca~tn~ co P . 0. Drawer 2847 ~ o - ~ ~ Vero Beach, Florida 32960 a~Q4'~1, < c' 77 _ . :.,vi r ti-;~ c~ :•n ~ : ~ ' J O ~.~;`J ~ ' tL . ~ This tnstrument Prepared By s,:%_' • ' - ~~hard V . Hope . . ~ ' 4 : , - First Federal Savings 8~ Loan Associ i - ~ of Fort Pierce , Florida 33450 'J, / ~ ;~T Cj ~ ° ; I - Checked By ~'~!~~~run~tje"'~ ~ , :,a # ~ ~ - - - - • _ - _ _ _ .-a~ ~ ~ y~ 9 ~ `Y'~'~ ~ "1r~:'s'~v ~ C W v~ ,n ~ ~,-~`~,r'~'.._ ~ _ ~ , . _ . ~ n .~.,,v ~-F 3r~,.~