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3. To plan and continuowly keep on flte buildirgs now a hereafter sitwte on said land and on all equ{pment and personally c°wrad by this mortg-
age, with all premiums tMreon paid in full, lire irasrrante In the uswl standard policy form, In • sum approved by 1M MORTGAGEE, and windstwm
insurance in tM uswl standard policy form, in a sum approved by tM MORTGAGEE, M such company or companies a tM MORTGAGEE may
direct; and all firs and windstorm inswance policies on any of uid buildings, any Interest therein or part thereof, k. tM aggrpate sum aforesaid or
in excess thereof, shall conUin tM uwal standard mortgagee clause a such other clava as tM Mortgagee ttsay require, makhp tM log under said po14
ties, each and every, payable to said MORTGAGEE as its interest may appear, and each and awry such policy atoll bs promptly assigned and delivered to
any held by said MORTGAGEE as further security to said rrtOrfgage debt, and, not lass than ten ()0) days In advance of tM expiration of each policy. to de•
liver to said MORTGAGEE a renewal thereof, together with • receipt fa tM premium of such renewal; and there sMll be no fire a windstorm inswartce
placed on any of said buildings, any interest therein or part thereof, unless in tM form and with tM loss payable as aforesald; and in tM event any sum
of money becomes payable under such policy a policies uld MORTGAGEE atoll Mw tM option to receive and apply tM same on account of tM indebted-
ness secured Mreby o- ro permit said MORTGAGORS to receive and use it or any part thereof for other purposes, without thereby waiving or rmpa°'
ing any equity, litre or rght under w by virtw of this mortgage; and in the avant said MORTGAGORS sMll for any reason fail t0 keep tM said premises so
insured, a fail to deliver promptly any of said policies of insurance to said MORTGAGEE, or fall promptly to pay fully any premium therefor a in any
respect fail to perform, discharge, extcute, effect, complete, comply with and abide by this covenant, Or any part Mreof, said MORTGAGEE may place and
pay fo- such inwrance w any part thereof without waiving a affectirq any option, lion, equity, or right under a by virtw of this Mortgage, and tM
full amount of each and every such payment atoll be immediately dw and pZyable and atoll bea- Interest from 1M data thereof until paid at tM rats of
nine per centum per annum and togethtr with such interest sMll be secured by the lien of this mortgage.
!. To permit, commit or suffer no waste, impairment a deterioration of said property or any part thereof.
5. To pay dl and singular tM cats, cMrges •nd expenses, includirq a reasonable attorney's fee and costs of abstracts of title, Incurred or paid at
any lima by asid MORTGAGE., because or in the event of tM feilure tx+ tM part of the said MORTGAGOR ro duly, promptly and fully perform, discharger,
execute, effect, canplete, comply with and abide by each and every theatipulat'tons, agreements, conditions, and covenants of said promissory note and this
mortgage any or either, and said costs, cMrges and expenses, each and every, atoll be immediately dw and payable; wisether or not there ire rwti~° .:+
nand, attempt to collect or suit pending; and tM full amount of each and every such payment atoll bear interest from tM date thereof until paid at tM
rate of nine per ~e.tturn yer iirWil; ald all aai3 cwts, .t»ryas and e,:paruas ir'u:rsd ar paid, !~s!Mr v:i!!e srh inttr!.st: sMll bar secured by tM lien of this
mortgage.
6. That (a) in tM event of any breach of this Mortgage or default ors tM part of tM MORTGAGOR, w (b) in 1M event any of said sums of money
Mrein referred to be not promptly and fully paid within thirty (:A) diyi next after 1M same severally become dw and payable, without demand or notice,
or (c) in the event each and every the stipulations, agreements, conditions and Covenants of uid promissory note and this mortgage any or either are not
iuly, Promptly and fully performed, discharged, executed, effected, completed, complied with _ard abided by, then in either or any such event tM said ag
gregate sum mentioned in said promissory note then remaining unpaid, with interest accrued, and all moneys secured Mreby, shall become due and pay-
able forthwith, or thereafter, at tM option of said MORTGAGEE, as fully and completely as If all of tM said sums of naney were originally stipulated
to be paid on such day, anything in sard promissory note or in this Mortgage to the contrary notwithslantiiiry; and theaapon D: thertafter at the option of
said MORTGAGEE, without notice or demand, suit at law or in equity, therefore or thereafter begun, may be prosecuted as if all moneys secured hereby
had matured poor to its institution.
7. That in the event that at the beginning of or at any time periling any suit upon this Mortgage, or to foreclose it, or to reform it, or to enforce
payment of , ny claims hereunder, said MORTGAGEE shall apply to the Court having jurisdiction thereof for tM appointment of a Receiver, such Court shall
forthwith al,l~oint a receiver of said mortgaged property all and singular, including all and singular the income, profits, issues and revenues from whatever
source derived, each and every of which, it being expressly understood, is hereby mortgaged as if specifically set forth and described in tM granting and
hahcndum causes hereof, and such Receiver shall have all the broad and effective functions and powers in anywise entrusted by a Court to a Receiver, and
;.,I; at:;:^, , ~ c••t eta!! be made by s•xh Coer•t as an a•t^,~re«I cmdrv soil w matrr•r of absolute right to said MORTGAGEE, and .without reference to the
adouvacr nr inadequacy of the value of the property mortgaged or to the solvency or insolvency of said MORTGAGOR or the defendants, and that wch
rents, {,refits, income, issues and revenues shall be aoolitd by such Receiver according to 1M lien or equity of sard MVici~aicircE and fire pr°~ri~r: u, ,~~~.
`v 8. To duly, promptly and fully perform, discharge, execute, effect, complete, comply vrith aril abide by each and every iM stipulations, agreements,
conditions and covenants in said promissory note and this mortgage set forth.
9. That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a person other than the MORTGAGOR, the
MORTGAGEE, its successors and assigns, may, witftout notice to the MORTGAOR, deal with such successor or successor in interest with reference to this
mortgayo and the debt hereby secured in the same manner as with Mortgagor without in any way vitiating or discharging the Mortgagori liability here-
under or upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearance on the part of tM /dORTGAGEE or its successes
or assigns and no extension of the time for the payment of rite debt hereby secured given by the MORTGAGEE or its successors or assigns, shall operate
ro release, discharge, modify change or affect the original liability of the MORTGAGOR Mrein, either in whole a in part.
10. It is specifically agreed that limo is of tfts. essence of this contract and that no waiver Df any obligation hereunder w of the obligation sr
cured hereby shall at any time thereafter be held to be a waiver of the terms hereof or of the instrument secured Mrby.
IN l':IiVESS WHEREOF, the said MORTGAGOR has hereunto set his hard and seal tM day and year ' st aforesaid. /'
~ sled and deli•:ems '.^Jh. nrn..rttw of_ e ~- /,/ ~ L/
~~ - ~~ ~~~ C ~! -- ~ (Seal)
.'.1 tt ~~ _ '/ (Seel)
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;~.an
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STATE OF FLORIDA ~ _ i~ •=`•~
Saint Ln c ~ e I u- _ :.f ~~.. v : .-
COUNTY OF ~ -
_ l'rrant uarllf?V - ~' ~ - '1 jnd
Before me personally appeared •, ••
_ er a . FL ep his wife, to me well known and.^krpw-t m r,Qs• Io be
tM individuals described in and who executed tM foregoing instrument, and acknowledged befor me that they executed 1M~iarne'lN~~~/a,Pti~1e+
Alberta Hac~~ev '' ~•-~".
therein expressed. And tM said -~~
wife of the said __ grant 'iadley __ _~ upon a separate and private
examination by me taken separate and apart from Mr said husband, acknowledged to and before me that sM executed asid instrument freely •nd volun-
tarily and without any compulsion, constraint, apprehension, or /ear of or from said husband.
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WITNESS my hand and official seal this- "T ~ day of ~~-~'~-~c- A. D. 19 ~'
Notary Public in and fqQ~~ 1M State of Fbrida si trigs
_ My Commiuion •xpire3lt~ dry ~r;4rf, ,ri"~' ~ ;,f ^--:/_• ,t 17; e
Rerurn To: M~ Ct~(rlrics::cn i~--~~r rr 9
First Federal Savings b Loan Association - ~ ' ~ ~ '~~ ~' 'r' j~~)
'. F '`:` i j f1°rtd°0 ~r n:->•r.qn r r~ Ca:vpr
Of Fort Pierce. ~ -~ ~ r ~O•
fort Pierce, floride _
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