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3. To place and continuoully keep on tho buildings nowt:'o1 here.flo"- ,(rv,)to'on '"icf lanti and on .11 equipment and perlonally covered by tnil mortg-
age. with all p'emium. the,eon paid in full, fi,e in.u,ana in tho u.ual .tandord poliCY form, i.' a 'UM app,oved by th. MORTGAGEE, and win<hlorm
in.uranu in the u.ual "andard policy form. in a .um app,ovad by Iha MORTGAGEE, In .uch company or """ponie. .. th. MORTGAGEE ma1
dJre(t; and all fire .nd windstorm Inluranco policies on .ny of Ilid building.. Iny inter..' therein or p.rt Ihert'of. In the oggrega!e lum .forelaid CIf
in e><ce.. rhereof, .hall contain tha u.ual "a"da,d mo,t\1ag" c1au.a Ol .uch othe' ciauH a. Ih. Mortgag.. may requi,., making the 10.. under ..,d poli.
cie., eoch and eve'y, payable 10 ..id MORTCAGEE a. ilt inle,..1 may appea', and each and .very .vch policy .hall b. p,omotly ....gned end delive,ed to
any held by ..id MO~TGAGEE .. furthe, .ecu,ity to ..id mortga(l. debt, and, not I... Ihan ten (IOJ day. in advanc. of the .xpi'alion of ..ch policy, 10 de,
liver to laid MORTGAGEE" renew.1 thereof, together with l. rMeipt for the premium of luch renew. I; and there ,h. II be no fire or windstorm inlurance
placed un any 01 ..id buildin\l" any inte,e.t the,ei,. 0' po,l Ihereof, unle.. in the fo,m and with Ihe 10.. payable a. afor...id; and in the evenl an1 .um
of mone1 becom., pa1able und., .uch policy Ol policie. ..;eI MORTGAGEE .hall have the option 10 ,eceive and apply Ihe ..me on account of Ihe indebled,
n,ell It'<ured hereby or to permit uid MORTGAGOR::: to '~cei'ie and ut. it or any part thereof for other purpolel, wirhovt th'!rt'O; waiving or HT\p3ir.
ing an1 equily. lien or ,i~ht unde, 0' by vi,tue of thi. mortgaga; and in ,h. evenl uid MORTGAGORS .hall fo, any ,u.on fail to keep ,he .aid p'~mi.., .0
inlu,ed, 0' fail 10 del:'e, promptly anv 01 uid policie. of in,u,ance 10 ..id MORTGAGEE, Ol fail promptly 10 pay fully any p'emium Ih.,.fo, 0' in any
relpect hil to perform. d1locharge. e:..e<ute. effect. complete. comply with and .bide by this coven.nt. or any p4rt hereof, laid }.\ORTGAGEE may place ~nd
pay for such illsur~nce or ,ny part thereof without waiving Of .ff~cting any option. lien. equity, or right under or by virtue of this Mortgage. .nd tht
full amounl of each and l~e'y .uch payment .hall be immediately due and ~yable and .h.11 bear inter..1 flom Ihe cale thereof until paid at the ,ate of
nine per centum per "nnurn dnd togeiher with such interest ttu!: be secured by the lien of this mortgage.
.c. To perrnit. commit or suffer no waste. Irnpairment or deterioratior of said properly or .ny plrt thereof.
5. To pay all end ,ingulu th. Co.I" cha'ge. and expen,e., including a r...onable allo'ney'. fel Ind CO'1I of ab.t,ecll of title, lncucred 0' paid It
Iny lime by ..id MOR'GAGEE, becau.e 0' in Ih~ evenl of Ihe failu'e on th. pa,l of Ih. ..id MORTGAGOR to dvly, p'omplly end fully perfo,m, discharge.
execute, effect. co(nplete. comply' With and .b;de by each .nd e"ery the Itipularions. egreem~nh, conditionl, .nd cove-nant. of laid promissory note and thi.
morlgage any or ~ilher. L'nd s~;d cosll. charges and expenses, each and every, Ih.iI be immediately dUf: and pav.bll; wh~lher or not there be notice de-
mand. attempl 10 collecr 0' 'uit pending; and Ihe full amount of each and .ve,y .uch payment .hall b... inle,e,l /rom Ihe date Ihereof until paid at the
ral-2' of nine per centulll per annvm; and all 'did costs, charges and expenses incurred or paid, together wilh luch inter.... shill be secured b'f the lien of this
mertgage.
6. ThaI (e) in Ihe event of any b,each of this Mortgage 01 default on .Ihe pul of Ihe MORTGAGOR, 0' (b) in th. .vent any of ..id .um. of money
he,~in ,eferr.d to be not p,omptly and fully paid within Ihorl1 (30) day. ne~1 ~fte' Ihe ..me .e'erally become due and payable, withoul demand 0' notice,
or (c) in the event each and every the stipulations, agreementl, conditions .nd coven.ntl of said promiuory nole and this mortg'9~ any or either are not
:luly, p,omplly and fully perfo,med, d,scha'ged, ex~culed, effeCled, compleled, complied wilh and abided o"y, then in either Of any .uch event Ihe ..id ag.
gregate sum mentioned in laid promiuory note then remaining vnpaid. with interelt .cc......ed. .nd .11 moneys lec'J(ed hereby, shall become due .nd pay-
able forthwith, 0' the,eafre" al Ihe option of .aid MORTGAGEE, .. fully and complelely a. if all of Ihe ..id "Jm. of inoney w>le o,iginally tlipulat.d
to be p"id on ,uch day, anything in ..id p,omi..o,y not. 0' in this Mortgage to th. cont,a,y notwith.tanding; and the,eupon 0' lhe,eafre, at Iha option of
.aid MORTGAGEE, without notice or demand, .uit ., law cr in equity, Iher.for. Ol I~'ea"er begun, may b. p,osecuted e. if .11 money. .e<v,ed h~'eby
had matured prior to its institution,
7. That in Ihe evenl Ihat at Ihe b~ginning of or at eny lime pending any .vit upon thi, MO'lgage, 01 to fo'eclo.. iI, 0' to ,efo,m it, 0' to enforce
payment oi any c1Jim. h.reunde" ,aid MORTGAGEE .hall apply to the Cou,' having juri,diClion th~'eof fo, lo1e .ppointmenl of a R~ceive', .uch Cou,l ,hall
forthwith appoint a r~ceiver of said mortgaged propel ty all .nd singul.r, inCluding .11 and lingular the income. profits. issues and revenues from whatever
.ource de,ived, each and eve,y of which, it being exprenly under,tood, i. he,eby mortgaged.. if .pe<ifically .el forth end described in Ihe g'anting and
ha~ndvm clauses hereof. and such Recei"er shall have all the broad and effe<:ti"e functions and pow~rl in .nywis~ ~ntru"ed bV a Court to a R~ceiver, and
.uch appointment .hall be made by .uch COu'1 .. an admitted equily and a matte, of ab,olute 'ighl to ..id MORTGAGEE, end wilhoul 'efe,.nce to Ihe
adequacy 0' inadequacy of Ihe value of Ihe prope'ly mo'tgaged or to the .olvency 0' imolvency of ..id MORTGAGOR 0' Ihe defendanll, and that ,uch
,en", p,olit., income, inve. and 'evenue. .hall be applied by .vch Receive, acco,ding 10 Ihe lien 0' equily of .aid MORTGAGEE end Ihe p,actic.J of .uch
Court.
8. To duly, promptly and fvlly perfo,m, discharge, execute, effect, complete, comply with .nd abide by eech and .'<illY the stipulalions, eg,eement.,
conditions and co"enllnll in said promissory note arid this mortgage !oat forth.
9. ThaI in Ihe ev~nl rhe ownership of Ihe mortg.ged p,emiu" 0' any part the,eof, boco"'es ve,ted in a person oth., than the MORTGAGOR, Ihe
MORTGAGEE, its successOrl and anigns. may. withol,t notice to the MORTGAOR:. d~al with luch lucceuor or lucernor in intere!t with reference to thi,
mortgage and the debl h.reby secu,ed in Ihe ..me manne' .. wilh MO'lgago, wilhovt in any way vitiating 0' dischargi"il the Mo,tgagors' liability h.,...
under or upon the debt hereb1 .ecured. No ..Ie of Ihe p,emi,e. he,eby mo,tgag.d and no fo,bea..nce on Ihe port of the MORTGAGEE 0' iI, 'ucc~"ors
0' .nign' and no exlen,ion of Ihe time fo' Ihe paymenl of Ih. debl he,eby .ecu,ed given by Ihe MORTGAGEE 0' ill .uece..ors 0' e..ign', .hall operate
to ,elea.e. dllcha'ge, modify change or effecl Ih. o,iginal liabilily of Ih. MORTGAGOR he,ein, ~ith., in whole 0' in pa,',
10. It is specifically agreed that time is ~~ the euence of this ccntract and that no waiver of I;'lY obligation her~un':.~.er or of the obligation se-
cu,ed he,eby .hall 01 any time Ihe,ealtel be held .0 be a waiver of the la,m. h.,eol 0' of Ihe imt,umenl .ecu,ed he,by.
11. III addition to the foregoing monthly pay ,'lents of princ.pal and int~rcst required by the prom:isOr'f note secured hereby, mortgillgor co"en~nh
end agrees 10 ~dY to mortgagee with ('.3cn monlh:y payment ()n adddional sum ellimated by mortgtgee to be equal to ,/12 of the Inlludl COlt of the follow-
ing:
A-All re31 property taxes levied or auess~d agaiat Ihe abo'oIe described real estate,
n-f'r~miums on fire and windstorm insurance as herein requjted to be c!rried on the improvements situate on the above described premises.
C--PremiufTlS on such mortgage guarenty insurance as mortgagee shall from time 10 time deem fit to carryon the loan secured hereby.
Mortg3gee Shdll from time 10 time notiFy mort~agor in writing of the amOV'1t due and payable hereunder and such sum shall therevpon be due and
payable on the due d3te of the next monthly payment and each successive month thereafter until mortgagee shall notify morTgagor of a chzlngc in IIJCn
amOl..mt. S:.Jch sums shall be applied by mortgagee toward the payment of real ?foperTy taxel, insurance premiums, and morlgage guaranty insurance
ptemiums.
I ~J \',ITtJESS
/$ign~d. ?eo'
~'~ '
\--<..
WHEREOf, Ihe ..id MORTGAGOR he, hereunto 'el hi, hand and ,eel the
and d I' ed in the p'e.ence of:
d~~Z?~~~=:t::
(Seal)
(Seal)
qATE OF flORIDA
Saint Lucie
~ 55.
I
T.
COUNTY OF
Harold Postman
Befo,e me personally appea,ed and
Helen~Postman hi, wife, 10 me well known and known 10 me 10 b.
Ihe individual, desc"bed in a"d who execuled the f,,'~ojng In't'l:m~nt, and acknowlt'dged b.fOle m. Ihat they ex~culed the ..me fo, rhe pv'po.e,
the'eln exp,e..ed. And the ..ieL HAl An M. Post.mAn
wife of rhe ..id Hwrolrl T. PostmAn upon a .epa,ate and p,ivate
eumination by me 'aken upa'ale and apa'l f,om he, uid hu.band, acknowledged to Ind I><Ifo,e me Ihal .!-Ie execvted ..id in.t,um.nt f,eely and volu"..
la,ily and wilhout eny compul.ion, con.t,aint, IPP,ehen,ion, Of f.., of Of f,om her uid hUll>>nd,
WITNE55 my hand and official ..01 this 2 2- ~ day of
Notary Public In and for
My Comminion expi,el:
~ A. 0, 194
~(-1~
th. State of florida al La'g.
MA~
- o.k,SJ.-. >/'7
Relu,n ]0:
First Federal Saving. & loan
Ot Fort Pierce.
Fort Pierce, Florid.
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Auo<:iarion
I ~t /lt80
Notary Public, State of Florida at Lllrg@
My CommiSSion Expires March II, 1966
Bonded by American Surely Co, 01 N, y,
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