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O.R.'
BO::K
7
577
~. TO plac. and conlinuouoly. k.." c.n the building. _ ~ '---Iter ~ Oft Mid IMd .,., on all aqu:pIftent anet ~11y ~ by lttlt ~
ag., 'N,th all pr'''''uml tt>a<aon pa.d 1/1 fv!!, fir. J..lutanca In tfta .......1 .t.ndard policy fot-m. In , _ apptov.d by the MOllTGAGU. and wlndmwm
Inlurance 1/1 I'" ulual "andard P-3l1cy f<<m, In a .um .~ by tfta h.;RTOAGff. In .\IdI c:ompMIy or comptn," .. tile MOQTIlAUf! _y
dlrKf/ .nd III fire .nd wi1>dt'[)f.'" Insuranc. pollc:l.. on any of Mid buildj~.. .ny 11I1_1 ~ ~ part Iherf'Of, In t'" ~'... """ .f~ ~
In axc", Ihareof, shall conl.i/l the ulual lIand.rd ~ c1_ or auch Of~ "'\IM el the Mortvagea INlY require, INlklng the Ioat undw Mid pol~
titl, u<h and avery, payable 10 sa,d MORTGAGEe.. I" Inl....t m.y 'PPN<', and Mdl and ~ lvell policy ....11 be promptly '"igMd and c:leU--.d to
.ny "'Id by uid MORTG"GH .. Lrlher .ecurity 10 ..10 ~tg. d.ol, and, not .... than Iwf'I (10) dAY' In adv.nc. ~i the explralion of HCh policy. to de-
li..... 10 said MORTG....GEE · r_wal thereof, tog'l~ wh'" . ,acelpl for the pr..mlum of Juch _.'/ .nd tt.... .h.1I boJ no fir. or wlndttorm lnIuranca
plated on any of Mid bul'dl~I, any Inl....1 therein or part "-tof, unl... In tfta form .net wlltl the IOU payabl. .. .foresald/ .net In tl>e ~ any lum
cf money beeomel ;,.yabl. und.r .ud.. poll<y 01' ;>olide. ..,d MORTGAGEE ....11 "'v. the Oplion to 'K."vt' .net .pply the ..me on tccounl of t'" Inc:lebfed.
"TSS .ecured hereby 0< Iv ~rmil uid MORTGAGORS 10 rectlv. .nd UM It or any p.rt Ihe'ltOf for 01 he, purpot.., will>o.,'l thereby w.iving 0' .....palr-
Ing Iny equily. lien 0< r."hl under or by virtue of Ihll rno<~ao-/ and In the a".,,1 uld MORTGAGORS .hall for .ny r..1On hli to k...p t'" nld prernl... 10
imured. or 10.1 10 dallv". promplly .ny of said pol;ci.. of in.u>fnce to sai:! MORTGAGEE. or hil promplly 10 pay fully .ny pr....ium lherefor or In any
re'p.<1 hil 10 perform. d'leharge, Ut<ul., .Ht<I, campier., <omply wllh anet .bic:le by Ihi. cov_t. or any pM! her.of, Mid MOllTGACEE mey plK' anet
pay for IlXh i,,,,,ran<e or .n)' i><lrl the'eof w'lhovl waivi~ or .ff~lng any option, lien, equily, or righl und.. or by virtue of Ihll Mortg~a, .nd III.
fu'l ,mO\Jnl of ea<h Ind .very .uc:I-, payment .h.1I be irnmedial..ly due .nd payable and ....11 bear Inrertll from the d.le lhereof unlil paid al h.. tire of
nine per centum per annum ."<1 log..her with lu<h Inl.....1 Ihlll be leaned by the llerl of thla """-'gage.
.c. To permil. commll or .uff.. no w..,., Irnpal''''fftt or dal..loralion of "Id property Of' .ny P<<t thereof.
S. To pay .11 .net Ilngular lhe co.h, <htrget .net upon.... lncludl~ a rMaonable 'Horney'a fM and COt" of abtlTectt of title, Incvrred Of' paid ..
any Iim. by said MORTGAGEE. beelusa 01' In lhe evenl of If.. f.ilure on the part of .he ..ld MORTGAGOR 10 duly, promplly anet fully perform, dltcharge.
UKU", eff""I, <ompl'lt, romply with and abide by .ach .nd .very Ih.. Uipulaliont. 'lIr..".,...,I., <ondillorta. and <O--.n" of uld pramluory not. and Ihla
rnong.ge any or eilher, .nd laid Coth. charg.. and '''pen''l. aach and every, .hall be Immedi'lely due and pay.bIt/ whelher or not I~. be notica d.-
fT'and, Itlempl 10 <01lt<1 or luil pending; .nd I'" full .rnounl of each .nd eva<y .u<:h p'ymenl shall be.. lnlereal from the eM.. thereof until paid at the
r.'e of nir.e per cenlum per annum; and .11 said COIB. <"erg.. and upen... incurred or ~Id, togelher with .U<h Inl....t, lhall be UC\Jred by the lien of thla
morl"a"e.
6. Thai (.) In lhe evenl of .ny br..<h of Ihi. Mortgaga or def.ull on !he part of Iha MORTGAGOR. or (b) in t'" ."."t .ny of "id .urne of money
herein referred 10 be nol promplly .rod fully paid within Ihirty' (31)) d.y. ne,,1 .ft.. th. Mme leverelly beeome due and payab~, without clem."J or '>>fica,
or (c) in ,he evenl eo<h ."d every Ihe Itipulations. 119re~......nll. conditionl and covenanll of wid promlMOry not. and Ihi. mortglIge .ny or ajl~ a.. nor
:luly, promptly .nd fully ~rformed, d,lch.rged, UK\Jled, .ffeeled, <ampl.led, complied with and .bided 'toy. lhen In either or any .uck .v..nl the said ag-
gregale lum menlioned in said promillory nOI. Ihen remlining unp.ld. wilh Inler..1 Ic<rued. anet .11 moneYI le<:ured hereby, lhell become due and pay-
able forth",,'h. or lhereafter. at Ihe option of soid MORTGAGEE, .. fully and <omplet.1y .. If .11 of the said .uml of money were originally Uipul.ted
to be p.id on .u<h day, anylhing in said promillory nole or in Ihil Marl".ge 10 Ihe contrary nolwllhu.nding; .nd ther..upon or lhereafter al Ihe oplion of
soid MORTGAGEE, withoL" nO',ce or demand, suil II law or in equily, lnerefo<. 01' Ihereafter begun, may be proae<uted .. If all money. .e<:"red nereby
tHd matured prior to ils ins.itvtiv".
7. That in the ~vcnt thdt ~t the beginning of or at ar.y rime pending any lvi, upon rhi, Mortgage, or to foreclose it, or to reform it, or to .nforce
r.3yment of any claims hereunder, said ".~C'.~!C::"'G~E snail llPply to the Co"..rt ha.....ing ivritdiction thereof for the appointment of . Re-ceiver, auch Court th.1I
forthwirh eppoint a r'.:'ceiver of SJid mortgaged prop~rty all and lingular, in<:fudlng all .nd lingular the Income, prcfifl. iuues and revenues from whatever
sou'ce derived, each and every of ...h,ch it being upre..ly unde,.'ood. '; hereby morlgaged .. if .pe<ifically leI forlh enet d.lerib.d In Iha granring and
hanendum Clh'''' "e'eof. and such Receiver shall have all .h" broad and .ffe<live func"onl and powe,. in .ny",i,e enlrusted by . Court 10 a Re<ei....e" .nd
'u,h appo;n'one"t shall be made by such Court a. an admillad equity ar.c! . mailer of absolute ril/hl '0 laid MORTGAGEE, .nd wilhout raferen<e 10 the
adequacy or inadequacy of the vaiue of the poOpNly mortgaged or to Ihe so:ven<y or insolvency of said ':,ORTGAGOR or the def"ndan", and Ihal luch
ren's, FO!''', income, issues ana- revenues Ihall be applied by lu<h r.e<eiver ac<ording 10 Ih. lien or .quity of laid MORTGAGEE and I~e prectice of su<h
Court.
8. To duly, promplly and fully p"rform, discharge, ..xe<ule, .ffect. complele, comply with .nd abide by each and every lhe S1ipul.'ic.nl. eg..emenB.
conditions c1nd covendnh in said promissory note and thi! mortgage set forth.
9. Tha' in the event Ihe owne,.hip of Ihe morlgaged premis"s. or eny part thereof, become. ...."sled in a ~rson olher Ihan the MORTGAGOR. ,h~
lJ\ORTGAGEE, its successors and c:HS1gns. may, without notice to the MOR7GAOR, deoal with luch luccessor or luccessor in interest with referen..:e to thi.
mO"!lJage i!r~d fhe debt r.ereby lecurcd in the same manner as with Mortgagor witnout in any way viticting or dilchargiOl] the Mor'gag"Jrl' liability h.ere-
under or ""on '''e debl hereby secured. No lale of the pr..m;ses hereby mortga"ed and no forbearance on In.. pari of If>. MORTGAGEE or ill successor.
'Jr C!SSlqnl and no cx.ten1ion of the time for the payment of the debt herl!'by secured giv~n by the MORTGAGEE or ih luCceSIOU or Issigns, thall operate
to re;"~se. d,scnarge, mod"y change or elieer the original I.abilily of Ihe MORTGAGOR herein, eilha.' in whol. or in perl.
ICJ. " is spec"i,a1Iy agreed Iho. lime is of Ihe e"ence of Ihil <onlract .nd Ihor no weiver of eny obligalion he..under or of 'n.. oblig.tion le-
cured hereby' shall at any time thereafter be helcf'to be a waiver of the term. hereof or of the instrument tecured herb....
'" ,., """ ~","m. ". ,,' "O"GAGO' "., "",""",0 ,.. "" "..... ..... ..., .h. '" ~. f;,,, :.a.foo'r......."id.. '" ",} I $'-+z, '.1)
S'gnLd, Sealed and delivered in Ihe pre..nce of: ~ ~~
(Se.I)
16 r!g// R -Sr> /h;
(Sell)
(Se.I)
STATE OF FLORIDA
COUNTY OF
:!'l~"1t. L~'1"1p
ss.
Before Me personally appeared
'111ntllT')
"nIter
p
''1?pl
~t
cn":'t:"'r
and
hll wile, 10 me well known end known 10 ...... 10 be
....d .cknowled,ied befor. e me 1....1 They ."eculed Ihe ume for Ih. purposel
pp?<>l 'i ')qJtpr
the individual, described in and who .x&cuted the foregoing ;nurument.
therein expreued.
",ife of tf:. laid
And Ihe ..id
'u~l'lt~n
p
'-~"'1 tpr
eXllmrn3tlon b., me taken up.rate and apart fror'l her .aid
t~rlly and WIthout any compuision. constraint, appr.r.ension,
1--0
upon a ,ep.rate and private
hu.ba...d, .cknowledged 10 and before me Ihal lha e"eculed Mid intlrum.nl freely .nd VOIUr>-
0'- fea, 01 or from har ..id hUlb.nd.
WITNESS my hond and official sea' Ihil_
d ty of
. Z:'" G/
t ~of Florid.. a'V'
H~tlry ""'K. Sb 01 Florid, ,t U,ge
My Commission h"ires J.n, 24. 1964
Io.-de<t h AInW"c." F".. .& c..~ Co...
Return To;
FifOt Federal Saving. &. loan
Of Fo,' P'erce.
Fort Pierce, FIOf'id.
, '--1. '
Nol.ry Publk in .nd .for the
My Co"""iuion ."pir..:
Auoci.tion
n'lU(ll
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INflLEO ~~o RE~~J~
\9~-pr, 2:53
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