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14 PACE246
J. To pi-. Met continuoully ...... Oft the IKolldl.. __ ", MrMfter alive.. Oft Mid lend Met Oft .11 equlpmeM end penonelly _lid by "'I. moNgo
ege. with .11 pt........... .....eon peld '" full. fIN 1Nut_ '" the _I eterld.rd policy foam, 1ft .. ...... epproved by the MORTGAGEE. .nd wind.lorm
lnIurence 1ft the Vlu.1 'I.nd.rd poliCy "m, 1ft . """ epproved by the MORTGAGEe. 1ft auch compeny eM' compenlel .. the MoaTGAGEE ....y
....../ Met .11 fIN .nd wi,datom' Ineur_ pollel.. on .,.., 0I...1d build..... .,.., Ift,-t .....'" eM' pelt thereof. 1ft the eggreeal. .um .for'Mid or
In .aceta I"'r~f. wI! conI.", the _I ..Meterd IftOftgIgM d_ ", .uch other d_ .. the Mor19ev- ....y requlr.. ......Ing the Ion under .aid poll-
c.... .ach enc:I ._y. peyabl. 10 ..id MOaTGAGEE .. I" Inlefeet ....y eppMI'. Met ..ch Met ...-y .uch policy ....11 be ptomplly ...igned .nd deli....red 10
..,y held by ..Id MORTGAGEE .. fur"'.. MCUrlty tc. ..Id IftOftgage debt. end. not ... theft tefI (10) cleya '" edv.tlC. of the ,xp'lralion of .eeh policy. 10 ct.
IIwr 10 ..Id MORTGAGEE . r_.1 thtreof. together with . receipt .. the prem""" of auch .-.1/ end I..... ....11 be no fir. or wlnchlorm I",,,,.nc.
pieced on ...y of ..id bulldinge. .,.., Ifttereat therein or pert ........ unIeu In the form Met with the ... pey.ble .. .foreuld/ .nd In the .venl .ny .urn
m _y bKomet pay.ble under weh policy or poIklel ..Id MORTGAGEE .hell he... the option to recelv. Met .pply the - on accounl of the Ind.blecf.
...... Me"'''' .....by ", to permit ..Id MORTGAGOIS to rece.... Met UN h ", .ny pelt I......f for o:her purpout. wllhoul lher.by w.lvlng 0' Impair.
Ing ..,y eqvity. I.... or righi under or b-, virtue. 01 "'Ia 1'ftOftV8Ie/ end '" 1M .venl ..Id MORTGAGORS ....11 tOf .ny ...ton f.l: 10 ...... the ..Id pt.mll" 10
Insured. or f.i1 to del1wr ptomptly .ny 01 ..Id polic'" of 1__ to Mid MORTGAGEE. or faU ptomptly to pey fully .ny pt....lu"' ther.for or In any
,..pect f.1I 10 ...,form, dhch..ge. .xecut.. .ffe<I, awnplete. comply wi'" end .bide by "'I. _to or any pert hereof. Mid MORTGAGE!: ....y piece .nd
pey fOl .veh I,...".".;. or any part thereof without w.lvlng ", .Hectlng any oplion. lien. eqvlty. or rlghl under or by virtue of ~hil Morlgege. .nd lhe
full _I of NCh Met _ry auch pey,,*,t ....11 be Immedl.tely due end peyabl. Met .hell bear Inter..t from the det. t....eof until peld .1 the rat. of
nine per cenlum per .nnum .nd logelher .wl'" auch Iftt.....1 ....11 be MCurecl by lhe lien of thle ~.
... To permh. ~t or .uH... no w..t.. IMpalrnwnt or deterlor.tlon of ..Id property or any pert thereof.
5. To pay .11 Met alngular the COl". chargee end .xpeNft. Ir.dudlna . ...lOMbIe .ttomrt.. f.. end COt" of .batrec;tt of title. Incurred Of peld .t
any t..... by Mid MORTGAGEE. beea\IM or 1ft the .vent of the f.11vre Oft the pert of the ..Id MOITGAGOIl to duly. ptomptly and fully perform. dllCh.r""
execut.. .ffect. COIlp..... comply with and .bIde by each end every the .tlpul.tlonl. ._ta. condillonl. end _nIl of Mid prominory not. .nd thl.
mortgege any or .Ither. and ..Id COlli. che",.. and 'apenM" .ach and ...-y. ahall be lrtvMdl.t.ly clue end pey.bIe/ whether or not lher. be notice de-
mand. .nempt to g)jlect or IUlt panding/ and fhe full ...,...",t of each .nd every auch ply....nt ....11 bear Int....II from the del. lher..,f unlil peld at the
ral. of nine por canlum per .nnum; and all .aid COlla. cherge. .nd .xpen;ea Incurred ", peld. togetMr wilh .uch Int....t. ....11 be aecured by the lien of "'it
rMrtgege.
6. TNt (a) 1ft the event of .ny br.ach of thIa Mortgag. or defwh on the part of the MORTGAGOR. or (b) In the .vent any of .ald .vms of money
.....in r.f.rred 10 be not promplly .nd fully peld within thirty' (30) deya next .ft., the _ _.lIy become due and peyabl., wilhout dem.nd or notk.,
or (e) In the evenl .ach and .very the Illpulalionl. agr........lI. condItionl end covenan" of Mid ptomiuory not. .nd t!li. rMrtgage any or .it.... ... not
NIy, promplly .nd fully performed. dilCh.rged. execuled. effected. completed. COI"lp."" with end .bided toy. lhen In .ilher or .ny .uch .v.nl the uid ~
gregal. .um ....nlioned in ..id promillory nol. lhen remainIng unpaid. with Int....t accrued. .nd all money. leCured her.by, Ihall become due .nd pey-
abl. forlhwilh. or lher..fter. al lhe oplion of laid MoaTGAGff. .. fully... CCl'ftPI.tely c. If all of the laid .um. of money w.r. originally 'Iipullled
to be paid on luch day, anylhing in laid promillory not. or In thit Mortgege to the conl..ry notwllh.tanding/ .nd lhereupon or t......fl.r .t the oplion of
..id MORTGAGEE. wilhout no.ice or demand. .uit .t law or In equity.. ther.1ore or there.ft.r begun. may be proseculed as If all noney. lecured hereby
had matured ptior 10 il. iIltlilulion.
7. T"'I in the evenl lhel al lhe beglnn:ng of or al any lime pending any lull upon Ihil Mortgage. or 10 fOleclo.a iI, or to reform il. or 10 enforce
pay....nl of any claim. l>ereunder. lIo1id MORTGAGEE Ihall .pply to Ih. Court h.ving jurildiclion Il>ereof for lhe .ppoinlmenl of a Receiver. luch Courl ,hall
!",.hwi.h eppoint a receiver of ..id morlgaged property all and lingular. Including .11 and lingular lhe income. profi". illU" and revenuel from whalever
lource derived. each and .very of which. il being exprenly und'''lood. i. !>ereby morlgaged II if .pacifically leI for.h and deKribed in lhe granling a",4
habendum clau"I hereof. and lu:h Receiver 1...11 hava .11 lhe broad .nd .ffet:liv. fundionl and povl<e.. in .nywile enlrulled by a Courl 10 a Receiver. and
luch appointmenl Ihall be m"de by luch Court al an admilled equily .nd . miller of absolule righl '10 .aid MORTGAGEE, and wi.houl referene.. 10 lhe
adequacy or inadequacy of the value of lhe property morlgaged or to the IOIv.ncy or insolvency of .aid MORTGAGOR or Ihe defendanll. and Ihal luch
ren". profi'I. income. in"'I and- reven.... ....11 be .pplied by .uch Racel.,.r according 10 the lien ?l' equily of .aid MORTGAGEE and lhe practice of lUch
Court.
8. To duly, promplly .nd full., perform. diKharge. execut'. .ffect. co"",lel', comply wilh and abide by each .nd .very the .lipulalion., agreelJ1enll.
condilions end covenanll in .aid p,omillory nol. .nd Ihis morlgage .el forth.
9. ThaI in Ihe evenl lhe ow""rahip of the mortgaged pr.milft. or .ny part thereof. become. ve.ted in . perlOft Olher d: .L the MORTGAGOR. ,he
MOIHGAGEE. ill lucceno" and ani9nl. may. wilhoul nolice to the MORTG.\OI. deal wi.h luch .uc~ellor or IUCce"or in Inlerell wi.h reference 10 Ihi.
morlgage and the debl hereby .ecured in lhe .ame manner II with Morlg.gor wilhout In .ny w.y vilialing or diKharging the MorlgllgO'" liabilily her.
under or upon lhe deb' hereby .ecured. No ..Ie of lhe pr.mile' hereby ItlOftllaged .nd no foro....nc. on lhe part of the MORTGAGEE or ill luccn'ora
or a"ig"I 5nd no exlenlion of lhe Ii.... for the paymenl of lhe debl her. by .ecured given by the MORTGAGEE or ila .vece..or. or ."ign., Ihen operal.
to rele.... diacherge, modify cha"9' or affect the origiNI Ii.biiity of the MORTGAGOR her.in. .it.... in whol. or In pert.
10. II I. lpacifkally agreed Ih.1 Ii.... I. of the e".nee of thl. contract .nd t"'t no w.iver of .ny obligalion ....euncl.r or of the oblig.lion ....
cured hereby lhell at .ny lime lhe,eaft.r be hekl'to be . w.iv... of the t..."" hereof or of the IMtru....nt MCured herby.
IN WITNESS WHEREOF. lhe 15id MORTGAGOR has hereunlo ..t hi. hand .nd ...1 the dey and
. Signed. S..ledE' liv.red In lhe ptnene. of:
..uty 7'n.~
{~ . cA~pP.-
(Se.1)
(Se.1)
STATE Of FLORIDA
St.
l
A. B. SnelllnQ~J
H
lJ.. Ko., to .... w.1I known .nd known to .... to be
and edlnow!edged befate .... thet M .xecuted the _ for the putpoMt
Lucie
ss.
COUNTY OF
Jra
Befor. .... penonally appe.red
the Indivlclu.1I deKribed !n .nd who .xecuted the foregoing Ins~.
therein .xpt.uecl. ~1WC"'lK
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.......JW(~~~a.H!ft~H~~. ~"~"IUQ~"~.II"~.. .... . Q~
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WIlNESSltty hend and offici.I...1 ft.Io / day of July ;;:'i>:,.~i:,~l~~J9~
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Fint
Retum To<
feder.1 SavIngI .. loan
Of Fort Pierce.
Fort PIerca. florida
~tion
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9653U
FilED AND RECORDED
IN i2flt.f~~BOGK . , I" i( r ".
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