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'60 f'~E 350
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t. .......,..,.
3 To p1:Ht ~."'Id (on'inuoi.)~l'i keep or the buildings now o~t~lfa.e,l~H~J~ ~~ T~l~ t~ ~^ .11 f'Cluir.ment and ~('on~'IJ <:0'. ered b,. this mortg-
~ge, \'. :th "II pre.,liurn1 Iht"feOl ~'3d in full, fire insurance in Ih6 ~1"Ithrrtt"~t1t:V""'""f'or~&a sv~n a~~p(o'o'ed b,. the ""\0';: fGAGE E, !,:J '.'0 ,"lJ~'0tm
jn"vr<!lnc~ in the vsu3i! IT.!nd.Fd po!'ey form, in b lurn appro.....ed b,. .he MOR:TGAGLC, in such (omp"ny or COfT\p.!niel as Ih~ ^'.0RTGAGEE m~'i
(LrfO; llnd all fIre br:d w.ndsform insurance policies 00 ani of laid build,ng', any interest thereIn or pM' thereof, if.. tha aggrc:ga1e ,urn .fo(e,~,j or
in eX:CeU fhert.~of, shall con'ai'l the UIU'" ,tandJrd mortg5gee clause or such olher clavle as tn,., Mortgagee m,y requIre. m.l;ng the Iou under IJ,d po!i.
ci~" e~ch l!Ind every. p~f,3ble to s~iu ^\ORTG.A.GEE as ill inter~st may appe.H. and e,,"... and every ,"u,h po!H::t ,h.1I be promptly au gned .!;'.d dc-:..e:..::d !.:;
any h..:-id by B;d ,a...,O~JGAG[E as funhe-r security to s~id mortg.5ge debt, and. not leu than ten (10) d,s)'s in .,d....i!lnce of the expira'loi" of each po~,cy'. to de.
L'o'l'r t('l 'J,d MORTGAGEE a rene.....~1 thereof. together with a receipt for the premium of luch renewal; anc there ,h.ll ~ nO f,re "H win<.h'olln inluraflCt'
p!j(e-d on an..,. of ul;d bJi'd;ng', an)' inkresl therein Or part thereof, vnlelJ in the form ar1d with the Iou p.!)'aD~e as ,.,forelaid~ "nd i:l the e'lo'C-rlt "'1, Surn
of nlont.~'" becorl,es p.5)',3bj~ under such pO~lcy or p~:l!,c:es Bid ^'ORTGA~Ef sh,,1I h,h'e the option to re<e"'~ ~r~d "p~ly the S",l~e 0,:1 ",ccovnt of Ih~ ir;d~bkd
I\t.'$!. 5ecu,~d ht:rtb,. or to perm.! s.5id ,\\ORTGAGOR5 to rec~i""d and use it or any rd.t thert-of fo' Olh:r .;L,rp.JH'5. """,'ho,",' tht:.rl'.o. ,.....),.."J ,-.F IJ! .,11'.
iflg dll,' "qu,t,.., I:en or fight undt.'r or by ....irtue of this mortgage; and in the e....ent .Td ,""ORTGAGORS shail for any re,non fail to kee-p the s~;d prefT~,St~' 50
HI Sl,.rll,..J. c'r f~d 10 dt,.'il..er promfJ!ly any of s"id policies of insurance to s~id MORTGAGEE. or fail prO~T'FI: ( to pay futiy any rrt-'''I'~vm Ihe(~kr or i~ ~,-.t
(('sj..-,ect fdd to f)t-rfo~rn, dllChd'g~, execute, effect, complete, con~ply with ~nd ab:~~ by this co....en.5rH. o~ any p.lft hereof. l~:d ^i\ORTG"\G~E m.3)' p'~C'_' ". 11
r;~.,. for s.....cn ;nsurMv:e Of an,.. rart thereof wlthouf w3i....ing or affecting any op110n. hen. e-qu;ty, or rt:JhT "'(Idc-r or by ....Htve of Ih,s ;"'-\ortQd'g~, 4~ld tht
futl .'l!Hovnl of edc:h dnd e....ery ll:ch pdyment stull be irnrned'3tc-ly due and p.ayable "nd .~.!ll bc~r interest from Ihi! d,ste Ihereof un!i1 p-'id :1t th~ r.!Te 01
nine per (t:'nhrn per aflflurl1 "I~d lc.")elh::-r ..... tlh such irl!erl.~" shal: l>c sC'(vr~d by the lien of this mortgage,
-1. To permit, commit or suffe] no .....asle. impairment or deterior~'ion of said property or "ny part thereof.
5. To p~y all and singu!~r the costs. chargel and expenses, including a reasonab!e attorne....s feoe and (0"1 of abstraCfI of litle, inCurred or paid &,
any fm:e l,'( !,3ld MORTGAGEE. bec.!u!le or ir. the event of the fadur~ on the p.HI of the said ,',\ORTGAGOR to dv:y. promptly and fully pedo~m, d.s:::hdrg(
ex t"Cu!(', eff(-(f, cOfTlplde- CO'''lp!\l WIth a"d lib de by ea~h and every the stipulations, ~greernents, conditions. and .co....enants of laid promissory 110Te and thiS
mOrfg.!']c dn',' or C'ilner, a:IJ Sj,U COsll. d13rges and expenses, each and every, ,t'uil be immedi~tely due and paY.3b!e; ......he-ther or not theie ~ no'ice- de
rr\dnd, dfl(,1l1pt to cc-::ect or SUit pendng; and the full a:nounl of e,!!Jch and e....e'y such p~yment shall bear inferest from Ihe date thereof until Pdid "I 'he
~,~~ ~ <)t 'll':e ~er '::t.',ll~,li f_t:r <l!'lr l\J ill; .irld J:! s,,;d (US IS, charges "nd t.'x,.:ens..:s incurred or paid, IOQether With such intert'sl. shdll be secured by the Ilt~n of ,hil
mortg~ge.
6, ThaI (al in ,he event of any brooch 01 t'his Mortgage or default on 1M por! 01 the MORTGAGOR, or (b) in the event any of ..;d sum. 01 monel
herein ft'ferft.~d to be not promptly and fully p~id within thirty (30) dals next after the same sellerall.,.. become due and payable, wirhout dcm~nd or notice,
or lc) in the e.....ent c~ch and e....ery the sripvtlllions, ,!!JgreemenIS, conditions lInd co'...-enanh of sa,d promiuory note end this morrg.ge "ny or ed"aer are n01
~ul1'. profnptiy and fully performed. d sch.!rgc-d, ex.ecvted, effected. complf'ted. compiled with and abided '-':J;. then in ejth~r or.. any such event the sdid ag.
grc-]dte surn mentioned in said promissory note then remaining unpaid, with interest accrued. and all m0ne..,s secured hereby', Ih~!1 become due a0d P!;'
ab:e forthwith, or thereafter, at Ihe o>>'ion 01 .,;d MORTGAGEE, a. lully and compleLlily a. if all of Ihe .aid .ums 01 money were or,ginally Sf,>>uial.d
10 b~ p-"d on such day, anything in s4:d promissory no!e or in Ihis Mortgage to the contrary notwith'tanding; and thereupon 'Or thereafter al the option of
said '",ORTGAGEE, without notIce or demand, suil at law or in equity, therefore or Inereefter begun, may be prosecuted as if ~1I moneys secured hereby
h;Jd mafured prIor fo its ins!:tution,
7. Tn,t in Ihe event Ihat at th~ beginn;ng of or al any time pending any luit upon this Mortgage, or to foreclose it, or to reform it, or 10 enforce
p3lment of any claims hereunder, said ^\ORTGAGEE shall apply to the Court ha....ing jurisdiction 1hercof for the appointment of a Qeceiv..r. such Court shall
fo~thwl1h a~l-,cint a recei'>ler of said mortgaged property all and singular. includ,ng all and singular the income. profits, issues and revenues from ....h,,'ever
sou~ce derived, e~ch and e....er.,.. of .....h,c:.h. il being expressly underSTood. is hereby mortgaged as if speclflc~l!y set forlh and described in the grant;ng and
habcndl..:m CldU!e'i h~reof, and such R(.ceiver shall have all Ihe broad llnd effe<:flve {uncLons and powers in anywise entrusted by a Cour: to a ReceJl..er, and
Il.c:.h -'ppoinfmenT Sh3i! be m~de bl such Courl as an ad'Tlilled equity' and a matter of absolule rig hi 10 seid N\ORTGAG~E, and wiThout reference to the
adt:qvdc, or inadc-quac,' of the value of the properly mortgaged cr to the so:....ency ""lr in5ol....ency of said 1....0RTGAGOR or the defendants, and Ih;" such
rer',ls, ,...rofits. incorlle, IssueS and r("..'eoues shall be applied by 'uch Recei"er accordIng to the lien or equity of said MORTGAGEE ~nd the practice of such
Courl.
8. To dull, promptly and fully perform, discharge, execute, effect, complete, cO"l1ply with and abide by each and every the stipulations, agreements,
conditions and covenants In 53Jd promiuory noTe and Ih;s mortgage ser fOrlh,
9. That ir, the event the ownership of the mortg3ged premises, or any pert thereof, become1 vested in a ~rson ether than the MORTGAGOR, the
MORTGAGEE, it: Si.:(c('ssors and auign:lo, may, withouf notice fo the MORTGAOR, deal with such successor or Sl,..'ccenor in ir'ercst with reference 10 this
uco't9.3ge ~nd the d~bl hereby secured in the same manner In with .Y.ortgagor wi,hout in any wey vitl~tjng or dischlHging the ^\orlgdgors. liabil;ty he:e-
under or upon ,he debl hereby sccured No saie of the premises hereby mortgaged and no forbearance on Ihe part of the ',^ORTGAGEE or its. successors
or d5Signs ard no extension of the time for the payment of the debt hereby secured given by the MORTGAGEE or ill successor 1 or an;gns., shalj operate
10 rcle,ne. d,sch"'ge, modify ch.3nge or afte't the original liability of the MORTGAGOR herein, either in whole or in part.
10, It is specif1c"lly agreed that time is of the enence of this conlract and tha' no waiver of tny obligation hereunder or of the obligation se-
cured hereby sheil at dny time thereafter be held to be a wai...er of the lerml here-of or of the instrument le'....:"~d herby.
11 In .ldd t,en to th~ forego:ng monthly paYI:1cn!$ of prir,C pal and infc:"c\l rcqu;red bpi the prom'l5ory note secured hercby, mortgagor covendn:s
~cd J'F<"II,.S to pJ, to q;urtgdgee ~.dh each rnonth:y f:dyn'_en! """ add,lional sum estlllldted by' mortgagee to be equ;,1 to 12 of the arnual cost of the fo!io....-
lflJ
,.. All feJ: ~;.rop('rty I.:ne, levied or a55E'ut.'d agdi:1st the abo';e desc~jb:d reai e"~!e,
E> Prl.."I1IU'I1S on fore and ......inOi!orm insurance dS hert.:ln requ,red to be carri(;d on the impro....ements s;tuate on the above dC:Iocribcd premises.
e Pr<:~nii,jT'S 0,1 s\Jch n:o~1gage guaranty in5urar,cc as mortgagee sha:1 fro'n time to time deern fll !o carryon the 1031' secured hereby'.
""'V'rg.~~p.:e Shdi! fro!r. ll'!~~ to ti;l~e notify 11'10rtg3gor In writing ot lhe d~!,O'J'lt dve dnd pdy~b'e hereunder and such SU'11 shojii !hcrev~on be due and
~'J""'rlo:(~ 0" !hc due u,...tt:; of ,h,~ nc;d mo~thl,! pa'lfT'lent and e2ct. succe51i.....e m0:11h there.!:ftc-r until mo'tYl!!gee shall notdy mortgagor of a change j~ such
d'r:0unL Such !lun:S Sh31i be apP;!t.'d by mortgagee fOHMd the p.a'r'rnent of redl property taxes, insurance premJurni. and mortgage guaranty insurance
prerr,.ums.
IN '....IT~j:SS WHEREOF, the s.:d MORTGAGOR ho> her'unto !el hi. hand and seal the day
,~~nej. .S.alod ~d celive~ in, tb.e pre.ence of:
. -~ ~----::Z. 1 &'t.:' t~_
__/2(~/!~'t/h,;$~
and year fir:lol afore13id.
L*~!{f3~d
(Seal)
(Sui)
(Seal)
(S..I)
STATE OF flORIDA
~ ss,
I
personally appeared 8nhhy C. PAnnAT'vi R
PAnr'lAT'viR
who execuled the loregoinlol imtrvment, acd acknowledged
Ruby L. Pendarvis
~ohby C. PendArvis
wile of the ..id
examinalion by me token sepu~te ond ap~rt from her S~i<j.. . husbJnd, .!cknowledged to. ~nd before me that she executed leid
larily and without any compulSion, con.I,a,nl, apP7~' or fear 01 or from her ..,0 hu.ba~ '
WITNESS my hand and ollieial .eal Ihi. ,~ day 01 _ t'.- (~ ~ ~L- d ~
---J? h/ (#, ~'(/~(/./
Notary Public in and for 1M SI"e 01
My Commiuioo expires:
COUNTY OF ,
st.
Lucie
... ~~ "-1:: G '
,....'" \. ......... L ""and
'') .' ..
hi. wile, 10 me woll known'trilt!',.k..n't"SQ 10 me j'..:bll
belore me thaI Ihey execulecFthe l,rh4 '0,.J 1['; .Eur~:
: ..,.. '- ~I '_'
,;po~\al ~Pvo~~nd i~";t~ '
..a tT""""n t fre~n~",,"un-
-:::....>.~.,~:.,.. - .'. ..... .,:
',~, ,,":~l'~:~~1!l\6-3
Belore me
_~Rllhf T..
the indi.....iduals describe Ir, ,end
,herein expressed.
And the ..id
Florid. at large
Re'urn To:
Fi"t Feder.1 Saving. & loan A."o<;.I:",n
01 Fort P:erce,
Fort Pierce, florid"
Notary Pub:ic. State of F1or:cla at LMfe
My COnllTl.ss,on lxp,res Nov, 3, 1965
Bonded by Am,Hlcan Surety Co, of N, y~
11.1J;21
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