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3. *o pla,..s and contksuowly luq~ on tM bvlldir~e now or hsraafter aituaN on *~ la^d erect wt aH aquipntent and personally courted by this mortg-
age, with ell p~^'h+'rra -tsareon Paid ks full, f-r~ trwµrsnce M she usasal Harxfa-rd F +lecy form, 4r>< • su+r. approvtnd by tM MORTGAGEE, and windstum
InsurarKe In tM venal standard policy form Its s even aPProved ty tree MORTGAGE°. In such company a Wmpaniars u rh,s MORTGAGEE may
direct' and al; fen end wktci+Wrn k+asrranee P~~ ~ any ~ sa7d builclksps„ any Interest thxetr. a part thereof, in tM aggrepari wm aforesaid or
to exoea thereof, aMil contain thw vwal starsdord martg+pN dasrse or v -h eeriest daunt u tM Mortgayaa may require, r-v+kirsy the loos under raid polio
etas, oacfi and awry, payable to aid MORTGAGEE a Ira hifereet ttsaY appaarr a+d atath ~ awry ouch policy tslsall M promptly assigned and delivered to
any Mid by said MORTGAGEE u fvi<titer severity to aid n'toAp+pa sfebt. sod, trot fees ttwt lan (10) d.ys in advcnca of.the axpi+ation of each policy. to de-
liver maid MORTGAGEE a rersavwl ther~af, toyaK~er with ~ receipt for tM premium of twch rertrwal; and then -MII bra rso fin or windstum Inwrar.:a
placed on ar+y 4f said bulld+rtpa, any h'ttMMt fhereisi Or part tharwf, uniaa in tM form and with tM bu payable a aiaeaid; and in tM avant any sum
of money bacorn+a payabta ur+der such polky a politaa+ said MORTGAGEE shall hive tM option to ratsiw erect apply IM same on account of the indebted-
ness secured Mraby or ro permit said MORTGAf30R~ ro ncetw and uea It or any part thereof for other purposes, without thereby waiving or rrnpair-
ing any equity, Hen or right erecter a by vlrM of this rttortyayl7 end In 1M r+snt aid MORTGAGORS atoll for any reason fall ro ke.p the said premises so
Insured, w fall ro deliver promptly any of said polkies of Msur~rsq ro said MORTGAGEE, or fail promptly to pay fully any premium therefor u in any
reaped Fsll ro perfwm, di„clsarge, execute, affect, tompleri, comply with and abide by this covenant, or any part hereof, raid MORTGAGEE may place and
pay for such lnwranoe or arty pan thereof without wahrtng or affectlny any option, Ilan, equity, or right under a by virtue of this Mortgage, end the
full amount of eec?s and swry such payment atoll ba Immediately dw and payable and shall bear Inrirast from rho date thereof until paid at the rare of
nine par centum par annum and toyetfser with such Interest shall ba secured by tM Ifen of this mutpags.
a, To permit, commit a wffar rto wute, impaL-rrnnt a deririoration of said property or any part tMreof.
S. To pay all and atrsgular tM costa, cfiaryes and expenses, including a reasonable attuney'a fee end tons of ab+tncu of lisle, lncurrad or paid at
any time by acid MORTGl~GEE, becevee or In the avant of the failure on the part of tM said MORTGAGOR to duly, promptly and fully perform, discharge.
execute, effect, complete, comoly with end abide by each and ovary tM stiputstiona, agrsementa, conditions, and covenants of said promissory note end this
mortgage any a either, and aid coari, charger and expetues, each and awry, atoll bs Immadistely due erect payable; whether or not there be notice dr
mend, attempt ro tolled or suit pendirpr and tM full amount of each and every such payment shall bast Interest frbm tM data thereof until paid at the
rare of nine per pntvm per annum; and all said costs, charQet erect expanses irscurrad a paid, togetMr with wch Interest, atoll ba secured by the lien of this
mortyaya.
6. That (a) !n tM awns of any beach of this Mortpeye or default tm tree part of the MORTGAGOR, a (b) in the event any of raid rums of money
Mreln referred to be not promptly and fully paid rrithln thirty (30) days next attar the soma severally become due and payable, without demand or notice,
or (c) In tM avant each and ovary the stipulations, agreensenri, conditions and covenants of raid promissory note and thin mortgage any or either ere not
iuly, promptly and fully performed, discharged, executed, affected, completed, complied with and abided by, tMn in eitfter or any such event the Nid eg~
gregate rum mentioned in said promiaory note than remaining unpaid, with interact sctrued, and all moneys secured hereby, shall become dva and pay
able forthwith, or thereafter, at tM option of acid MORTGAGEE, as fully and completely a if all of the said sums of money were originally aripulated
to be paid on such day, enythtny In said promissory note or in thin Mortgage to tM contrary notwithstanding; and thereupon or thereafter at the option of
said MORTGAGEE, without rrotice or demand, suit at law a In putty, therefore or thereafter begun, may ba prosecuted as if all rnoneya secured hereby
had matured prior to its institution.
7. That in the event that at the beglrning of or at any time pending any suit upon this Mortgage, or to fcreclose it, or to reform it, or to enforce
payment of any claims hereunder, raid MORTGAGEE shall apply to the Court having jurisdiction thereof for the appointment of a Receiver, suet: Court shall
forthwitK appoint • receiver of raid mortgaged property all and strsguler, including all and singular the income, profiu, issues and revenues from whatever
source derived, each and every of which, it briny exprea-ly understood, is hereby mortgaged at if specifically set forth and described in the granting and
habendum clautes hereof, and such Receiver shall have all the brwd and effective functions and powerr in anywise entrusted by a Cart to a Receiver, and
such appointment shall be made by such Covet at an admitted egviry and a matter of absolute right to said MORTGAGEE, end without reference to the
adequacy a inadequacy of the value of the property mortgaged w to tM toNency or insolvency of raid MORTGAGOR u the defendants, and that such
rents, profits, irscome, issues and revenuer shell be applied by such Recolver according to 1M lien u equity of said MORTGAGEE and the practice of such
Coen. -
8. To duly, promptly and fully perform, discharge, execute, effect, complete, comply with and abide by each end every the stipulations, agreements,
conditions and covenants in said promissuy note end this mortgage set forth.
9. That ir. the event iha ownership of the mortgaged premises, or any part thereof, hemmss vetted in a parson other than the MORTGA~R, the
MORTGAGEE, its ruccestors and assigns, may, without notice to tM MORTGAOR, deal with such suttesaor or successor in interest with reference to this
mortgage an:, ti,e debt hereby secured in the same manner as with Mortgagor without in any way vitiating or discharging the Mortgagors' liability here-
under or upon the debt hereby scarred. No safe of tM premises hereby mortgaged and no forbearance or, tM part of the MORTGAGEE or its evccessors
or assigns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGEE or its successors or assigns, shall operate
to release, discharge, modify charge or affect the original liability of tM MORTGAGOR herein, either in whole a in part.
10. II it specifically agreed tha• time it of the essence of this contract and that no waiver of any obligation hereunder or of.ths obligation se-
cured 'Hereby shall at any rims thetas}tar be held to be a waiver of the rirms hereof or of tM instrument secured herby.
11. In addition to the foregoing monthly payments of princ'pal and interest required by the promissory note secured hereby, mortgagrr covenants
and agrees to pay to mortgagee with each monthly payment en additional wm estimated by mortgagee to be equal to 1/12 of the ennu~l coat of the follow-
ing:
A-AII real property taxes levied u assessed against the above described real estate.
B-Premiums on fire end windUwm inswance as herein required to be carried on the improvements situate on the above desuibed premises. .
C-Premiums on wc'+ mortgage gwranty insurance as mortgagee shall from time to time deem fit to carry on the loan secured hereby.
Mortgagee shall from time to time notify mortgagor in writing of 1M amount due end payable hereunder and such sum shall thereupon be due and
payable on the due date of the next monthly payment and each successive month thereafter until mortgagee shall notify mortyagor of a change in such
amount. Such sums shall be applied by mutyegee toward the paymen! of real property taxer, insurer,ce arem~ums, and mot}gage guaranty insurance
premiums.
IN \YITNF55 WH€REOF, the said MORTGAGOR hat hereunto sat hit hand and reel the day and y4ar first aforesaid.
r'-ntr. Seale end d 'erect fn tM pratsnce of: .~
Seal)
(Baal)
(Seal)
STATE OF FLORIDA
SS.
COUNTY OF _-~~.~t~.S~ i f'.
Before me personally appoared (reOl'~Te 4l OWler and
T OV6 ~8Y TOW 8 hit wife, to me well known and known to me to be
IM individvak dssvibed in and write ezacuted t)n foregoing instrument, end atknow{edyed before me that that' executed the some for the purposes
therein expressed. And tM tairf ~ V 8 }Zaq TOW 1 @ r
wife of tM said G nY'PA ToT~ler upon a separate and privets
examination by me taken separate and apart from Mr said husband, acknowledged to and before me that free executed said instrume.~t freely and volum
eerily and witho5,t any compulsion, constraint, epprahensi or fear of a from her said husband. 62
WITNESS my hand end offkial seal this ~ day of }~ACE)ITIbElr A. D. 19
Notary Publk in and for 1M State of fbrida at Large
My Commiulon expires:
feature Tut
titer Federal Savings b loan Association '
Of Fort Pierce. Notary Fub'.c, S'a'c of Flcrda at ! arpe
Fort Pierce, fluids ,,,;,,;~ f,1y Comm,ss on Exp7es March 11 1966
~•"" ~ rrrF;~ Bonded by Amer can Surety Co. o~ N. Y.
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- ~'~?~.s•t:.~ _ _ 1961 AEG .10 ~P9 3:
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ROGER PQITRAS, CIERK ,~
~; ST• IUCIE COUNtr, FLORIDA
y' .M G-