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5. To place and contlnuoualy keep on 1M buildings taut or htrteftsr ai-uah o?s said land and on all equipment and personally covered by this mortg•
age with ail premiv~ms tMrton paid In full, Fin trtwrence irr iht wivsl ahnderd pclky form, in • sum approved by tM MORTGAGEE, and windstorm
irwrancs in the uwal shndesd policy fain, M • axe approved by tM MORTtAGEE, In such company or cornpanie as the MORTGAGEE may
direct; and all fire and windstorm Irxuranoa pdieNs on ery of said buifdirtga, an j Interest tMnln w part thtrwf, M tM aggregate :um aforesaid or
in excess thereof, shall contain the srsual standard rmatgagee clause or Nrcfs o1fsN deuce u tM Mortgage+ m,y require, treeing the loss under said po1F•
ties, each and awry, PaYabte ro said fnORTClfiEE as its Inhrat may appety, and each and scary twch Iky atoll be promptly asa:gned and delivered to
any hold by std MORTGAGEE as furtfier security ro aid mortyai,Te debt, and. not Itw than »n (10) days !n advance of t-w txplsation of each policy, to de-
liver to said MORTGAGEE a renewal tMreof, together with • receipt fo• tM premium of such nntwaly and tMn atoll be no fin or windsrorm Insurance
placed on eny of aid buildings, any Inteset therein a, part tMreo}, uniea In tM vgrm and with tM loss payable a aforesaid} end In tM event any sum
_f -~,,R.y F+ect>r*+a payable ender wch aoiicy or M±!JC!s: sold :'ORTGAGEE leash have tM eptkn to receive and apply 1M umt on account of the incfebted-
ness secured herby or to pesmit old INORTGAG7R5 t0 tsxtiw and use It or any ,part thereof for other purposes, without thereby waiving or imp~ir~
ing any equity, lien or right under or by virtue of th)a mortgagor and In the event aid MORTriAGORS shall for any reason fail to keep the said promises so
inwrod, or }ail ro deliver prompNy any of said policies Of insunnct to said MORTGAGEE, or fall promptly to pay fully any premium therefor or in any
respect f; II to perform, discharge, execute, effect, complete, comply with and abide by this covenant, or any part hereof, said MORTGAGEE may piste and
pay for such Inwnnta or any part tMreof without waiving or eNtctlrp any option, lien, equity, or right under or by virtue of This Mortgage, and tM
full amount of each and every eveh payrren; shall M immtdiahly due and p~yaole and shall bear Interest from tM date thereof unfit paid at the rate of
nine per centum per annum and together with wch Inteseat shall bt secured by 1M liars of this mort~agt. ,
s. To permit, commit or wffer no waste, Impalrmsnt or deterioration of Bald property or any part thereof.
S. To pay all and singular the costs, charge and expenses, including t reaaonablt attorney's tae and coats of abstracts of title, Incurred or paid at
any time by said MORTGAGEE, because or to tree event of tM failure on 1M part of the said MORTGAGOR to duly, promptly and fully perform, discharge,
execute, effect, templets, comply with and abide by each and every the stipulations, agreements, conditions, and covenants of raid promissory note end this
mortgage any or either, end aid ewes, charges and expenses, each and ovary, shall bt immediesely dw and payablet v+hetMr or nor theta ba notice do-
mend, attempt ro collect or wit pendirsgr end r!se full amount of each and wiry such payment atoll boa interest from tM doh thereof until paid at the
rate of nine per c=return per annum; anti ail said costa, charges and expenses incurred sx paid, together with such Interest, shall bt fecured by tM lien of this
mortgage.
6. That (a) to the event of any breach of this Mortgage or default on ties part of the MORTGAGOR, or (b) In the event any of said sums of money
herein referred to be not promptly and fully paid wither thirty (30) days next after the ssma severally become due and payable, without demand or notice,
or (c) in tM event each end every the stipulations, agreements, conditions end covenants of said promissory note and th~s mortgage any or either ere not
duly, promptly and fully performed, discharg;d, executed, effected, completed, complied with and abided by, then !n either or any such avant the said eg•
gregate sum mentioned In said promissory note then rtmalning unpaid, with Interest attrued, and all monsye secured hereby, shall become due and pay-
able Forthwith, or thereafter, at the option of raid MORTGAGEE, as fully and completely as if all of the said sums of money were original:y stipv!ared
to ba paid on such day, anything in said promissory Holt or In this Mortgage to tM contrary notwithstanding: and thereupon or thereafter at the option of
said MORTGAGEE, without notice or demand, suit at Isw or In equity, therefore or thereafter begun, may bt prosecuted as if all morays secured hereby
had matured prior to its fnatitution.
7. That in the event that at the beginning of or at eny time pending any suit upon thin Mortgage, or to foreclose it, or to reform it, or to enforce
payment o} any claims hereunder, said MORTGAGEE shall apply to tM Court havirsg (vrisdiction thereof for the appointment of a Receiver, such Court shall
forthwith appoint a receiver of said mortgaged property all and singular, Including all and singular the income, profits, issues end revenues from whatever
source derived, each end every of which, it being expressly understood, is hereby mortgaged as if specific: Ily set Earth and described in the granting and
habendum clauses hereof, and such Receiver shall have ell the broad end affective functions and powers in anywise entrusted by a Court to a Receiver, and
such appointment shall be made by such Court as an admitted equity end a matter of absolute right to said MORTGAGEE, and without reference to the
adequacy or inadequacy of the value of the property mortgaged or !o the solvency or insolvency of said MORTGAGOR or the defendants, and that such
reins, profits, income, issues and revenues shall be applied by such Receives according to the lion or equity of said MORTGAGEE and the practice of such
Court.
8. To duly, promptly end fully perform, discharge, execute, effect, complete, comply with and abide by oath end every the stipulations, agreements,
conditions and covenants in said promissory rota and this mortgage set fort's.
9. That In the event tM ownership of the mortgaged premises, or any part thereof, b~comas vested in a person other than the MORTGAGOR, the
MORTGAGEE, its successors and assigns, may, without notice to the MORTGAOR, deal with such successor or successor in interest with reference to this
mortgage and the debt hereby secured in the ssma manner et with Mortgagor without in any way vitiating or ditchsrging the Mortgagors' liability here-
under or upon the debt hereby secured. No sate of the premises hereby mortgaged.and no forbearance on the part of the MORTGAGEE or its successors
or assigns end no extension of the time for the payment of the d^bt hereby secured given by the MORTGAGEE or its successors or assigns, shall operate
to release, discharge, modify cha:,ge w affect the original liability of the MORTGAGOR herein, eittwr in whole or in pert.
10. It is specifically agreed that time is of the essence of this contract end that no waives of any obligation hereunder or of the obligation se-
cured hereby shall at any lime thereafter be held to be a waiver of the Terms hereof w of the instrument secured herhy.
1I. In addition to the foregoing monthly payments of print'pal and interest required by the prom~asory note secured hereby, mortgagor covenants
and agrees to pay to mortgagee with each monthly payment an adciifional sum estimettd by mortgagee to be equal to 1/12 of the annual cost of the follow-
in~:
A-All real property taxis levied or assessed against the above described real effete.
B-Premiums on fire and windstorm insurance es herein required to be carried on the improvements situate on iho above described premises.
C-Premiums on such mortgage guaranty insurance as mortgagee shall from time to titre deem fit to carry on the loan secured hereby.
Mortgagee the~i from time to time notify mortgagor in writing of the amount due end payable hereunder end such sum shell thereupon be due and
payable on the due date of the next monthly payment and each successive month thereafter until mortgagee shall notify mortgagor of a change in such
amount. Such sums shall be applied by mortgagee toward the payment of real property taxes, insurance premiums, end mortgage guaranty insurance
premiums.
IN YyITPJE55 WHEREOF, tree said MORTGAGOR has'hereunto at his hand end seal the day end year first aforesaid.
recd, sled livered in tM Presence oft /j
Seal;
_ _ tSeal~
(Sea 1)
(Seal)
STATE OF FLORIDA
St. Lucie ~•
COUNTY OF
Before ma personally appeared Cf~rC11911 Evans, a single t~dult ,~
isle-wife, to ma well known anal known to me to be
the individuals desuibed In and v:Fso executed tM foregoing Instrument, and acknowledged before ms that they executed the same for the purposes
therein expressed.
•:f...r r6...'.r
WITNESS my hand and official seal
Return To:
First Federd Savings fi Loan Association
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- Notary Publk in and for tM State of Florida at Large
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1'~-~.~±~_`) Notary Public, State of Florida .at Larr;e
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