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CT t ".. r ,.-:-,
~. Te p~ue anct contlnvoualy keep on tM bulidirspe now or hereafter sitwM on said ~an~ erwl,on all equipment and personally covered by this mortg•
age, with sit ;xemivrtu therervs paid in full, fire Insure-ice In iM t»ual tttr!Mrd iwrtcy form, Ws a wm approwd by tM itt10RiGAGEE, and windstorm
imurarxt Ir tM usual ftandard policy fdm, )n s sum approved by !M :MORTGAGEE, M fuch company w oompanlr as the MORTGAGEE may
direct; and all fire and windalorrr. !ruwancr polkitt on any of uid bvlfdirgs, any Interes! tMrein or pert thereof, In tM eg9ngets wm s{wesaid nr
in exceu thereof, sMii contrin tM usual s-andard rnwgagee clause a such other clwae u tM Mortgagee may rsauin, making tM lou under said poll
ees, oath and every, payable ro uid MORTGAGEE u Nf Intereat rNy appear, and tuh and awry ouch policy ahdi bt prontptiy au:gned and delivered to
any held by uid MORTGAGEE is further security to uid ttwttgape cMbt, and, not lets tMn ten (10) dtri in advance of tM +xplration of auh policy, to de-
hvor to said MORTGAGEE a rersewal fMrwf, togetfser.wkh a resift fa tM premium of such renewer!} and tMre shall be no fire or wlnduwm Inwrance
plated on any of fa'.d buildirsga, any iMaratt tfv 'tin Or part thereof, unless in tM,form and with 1M Iwf payable u aforevid; end In the event any sum
of moray becomes payable under au~h poUcy a poliNeri uiri MORTGAGEE shall Mw tM option to receive and apply the tame on account of the indebted-
ness secured Mreby w to permit aaM MORTGAGORS to receive and uu N a any pert thereof for other purposes, withOUt thereby waiving or impair-
ing any equity, lion or right under w by virtw Cf th)f mortgsge; and in ehn twnt said MORTGAGORS shall for any reason foil to keep tM raid pram+srs so
insured, or fall to deliver promptly any of Sala policies of insurance to said MORTGAGEE, or fail promptly to pay fully any premium tfterefw or In any
respeC. fall ro perfwm, diuharge, execute, effect, complete, comply with and abide by this covenant, u any part hereof, raid MORTGAGEE may place end
pay fw such I.uursrtce or my part thtrtof without welrlrq a affactirsg any option, Ilan, equity, or right under or by virtw of this Mwtgage, and the
full amount of aech and awry such payment shall be immediately due and payable and shall bear intertst from tM daft thereof until paid at the rate o)
nine per centum par annum end together with such Interest shell be secured by tM lien of Ih{s mortgage.
1, To permit, commit or suffer no waste, impairment or deterioration of uid property or any part thereof.
S. To pay sl! and tlrsgulu fM costs, charges and expenut, including a nesonable attorney's fee and costs of abstracts of title, incurred or paid at
any time by said MORTGAGEE, because w in the avant of the failure on the part of the said MORTGAGOR to duly, promptly end fully perform, discharge,
execute, effect, complete, comply with and abide by each and every the stipulations, agreements, conditions, end covenants of said promissory note and thu
mortgage any w either, end said costa, charges and expenses, each and every, sMli be immediately due and payable; whether w not there ba notice do-
nand, attsmp- to collect or suit pending; end tM full amount of aech end every such payment shall bear interact from rM date thereof until paid at the
rate of nine per centvm per annum; end all said cosh, charges and expenses incurred « Maid, together with fuck Interest, fMli be.suured by tM lien of this
mortgage.
b. That (a) in Ihs event of any breach of this Mortgage or default on tfr part of tl» MORTGAGOP., w (b) in the event any of said sums of money
herein referred to be not promptly and fully paid within thirty (30) days next after the same severally become due and payable, without demand or notice,
or (c) In the event each and every the stipulations, egreomtnts, conditions and covenants of said promissory Wort and this mortgage any w either era not
~vly, promptly and fully performed, d~uharged, szecutsd, affected, completed, complied with and abided by, then in either or any such event the said ag-
gregate sim mentioned in laid promissory note then remaining unpaid, with interest accrued, end all moneys secured Mreby, (hall become due end pay-
able forthwith, or thereafter, et the option of said MORTGAGEE, es fully and completely as if all of the said sums of moray were originally stipulated
to be paid on such day, anything in said promissory rwte or !n this Mortgage to the contrary notwithetandinq; and thereupon w thereafter at the option of
said MORTGAGEE, without notice or demand, wit et law w in equity, t)terefora w tMrea(ter begun, may be prosecuted at If all moneys secured hereby
had matured pnw to i» institution. -
7. That in the event that at the beginning of or at any time pending any suit upon this Mortgage, w to foreclose it, or to reform it, or to onforce
payment of any claims hereunder, laid MORTGAGEE thall apply to the Court having jurisdiction thereof for the appointment of s Receiver, such Court shall
forthwitls,eppoint a receiver of said mo•.tgeged property all and singular, including all and singular the income, profits, issues and revenues from whatever
source derived, aech and every of which, it bring expressly understood, is hereby mortgaged as if specifically set forth and described in the granting and
habendum clauses hereof, and such Receiver shall have all the broad end effective functions and powers in anywise entrusted by a Court to a Receiver, end
such appointment shall be made by such Court et an admitted equity and a matter of absolute right to said MORTGAGEE, and without reference to the
adequacy or inadequacy of the valve of the property mortgaged or to the solvency w insolvency of acid MORTGAGOR or the defendants, and that wch
rents, profits, income, issues and revenues shall be applied by such Receiver according to tM lien or equity of said MORTGAGEE and the practice of such
Court.
8. To duly, promptly and fully perform, discharge, execute, effect, complete, comply with end abide by each end every tM stipulations, e~reements,
conditions and covenants in said promissory note end this mortgage set forth.
9. That in the event the ownership of the mortgaged premises, or any part tltere~f, becomes vested ii a person other than the MORTGAGOR, the
MORTC.IGEE, Its wccessors and assigns, may, without notice to the MORTGAOR, deal with wch successor w wccessor in intertst with reference to this
mortgage and the debt hereby secured in the same manner as with Mortgagor wit!aut in any way vitie•irtp or discharging tM Mortgagors' liability hero-
under or upon the debt hereby tecvrtd. No sale of the premises hereby mortgaged and no forbearance on the pert of the MORTGAGEE or its successors
or assigns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGEE or its successors er assigns, shall operate
to release, discharge, modify chartg~ or effect Ihs original liability of the MJRTGAGOR herein, either in whole or in part.
10. it Is specifically agreed that time is of the essence of this contract and that no waiver of any obligation hereunder or of the obligation so-
cured Mreby shall at any time thereafter be held to ba a waiver of the termer Mrwf or of the instrument secured herby.
11. In addition to the foregoing monthly payments t,f print pal and interest required by the prorr.issory rota tecvred hereby. mortgagor covenants
end agrees to pay to mortgagee with each monthly payment an additional sum estimated by mortgagee to be equal to 1 j'12 of tM annual cost of the follow-
ing:
A-All real property texas levied or assessed against the above described real estate.
B-Premiums on fire and windstorm insurance as Mrein required to be tattled on tM ~mprovementt situate on the above detr.ribed premises.
C-Premiums on such mortgage guaranty insurance st mortgagee shall from lima to time deem fit fo tarry on the loan secured hereby.
Mortgagee shell from time to time notify mortgagor in writing of the amount due end payable hereunder and such sum shall thereupon be due and
payable on the due date of the next monthly payment and aech successive month thereafter until mortgagee shall notify mortgagor of a change in such
a,nuunt. Such sums shall be applied by mortgagee toward the payment of real property taxes, insurance premiums, end mortgage guaranty insurance
premiums.
IN WITNESS WHEREOF, the said MORTCAvOR has-hereunto set his hand and seal the day and~xear ffir~st aforesaid.
igned, Sealed and d~red in the presence of: ~~V'-{ .
'* (Seal)
~ (Seal)
' Seal)
r ,i
• (Baal)
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STATE OF FLORIDA ~ ~ti.~'~.~•~~~;••a• LI: ~~i; ~ .
L- c ie •'-•. ~'
COUNTY OF St • rl ::r ~~~..:gin:~.~..:#+= : ,I-
Before me personally appeared ~]thT'F'•~ R.-a T_A,~eT~ D is = "•-= ~~.,~ ~ __. 1 rid
_ I Ana ,.~r~gTi ~~gy]_nr his wife, to me well knovwsjkTt Ter Ns~lf06t3 =
the Individuals duuibed in end who executed the fwegoi:y instrument, and acknowledged befera me that they executed HiaL ~~1~i .eyr(AMa:~
Lend t•tar~ie Taylor "~'~'.~-:
therein expressed. And the said z ` ` - ° ,. ;;','," "~ -±
wife of rM laid AL1rT'ey I3e Taylor, A•6•((~~''drr;af:
examination by ma taken uparate end apart from her Bald husband, atknowladgad•to and before ma that she executed said Inslrvnyt~s1~~Q~YO(utr
tartly and without any compulsion, constraint, apprehension, or err of or from Mr sold husband.^_ ~~+t+tiit+,•'- '
WITNESS my Farad and official sea! this l~- day of 1TC'r' -, A:: n:''t~ d Y
eery Public in an or 1M 57ate of Fbrida at Large
y Commisalon expires:
Return TO:
First Federal Savings Jk Loan Association
Of fort Pierce.
~~.~_~.~
~•_.,.y nl',..._._ ,' ~~-;rfa rt[atge
._
. ' ~, ., ..r., '
;:iy Co::..-. ,_., ~ -'c. J.,. 3, 1965
tenets ir,nrs/.sa Faa A G}v:+y Cq}
Fora Pierce, florida'
,.. J2_, ~,t~r'
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~~ ~ Yfr . ~ r' t•
~' ~(~ ~t~D~tECO~DED
ih ~ ~cla ~co~ DOOK
1951 DEC 14 P>'~ 2: 5~
ROGER POITRAS, EIERK
S1. IUGIE ;,OUt~1~, FLORIDA
~ ~ ~ ;