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3 To p13ce ~nd (ontir1uo'Js')' ..eep on the buildinCJs no.... or hereafter .:'u~te on l~id land l!Il~d on an cq;Jipment ~nd perloll,,~I...,. (u....er~d Di thi, Inorl>)'
ege. \'\,,;,h .!!Ill premiums the-reof) ~'3:d in lull, fire insur&"ce in the l'su.\l s;,;"...;"tU poilC)' fort11"", in e ,um a~,~;ro.c:J b)' Ihe- MORlc.AG':.l, a:.d v..,;n...hL: r:1\
if'\ur~nce in Ih.~ U1VJ.! "drH..tdrd r o!.ey torm, In It sum a.~pro...c:.d by the MORTGAGEE. in such (ornp~rlJ' or cornO.!ln,!'s '" the MORTGAGEE rn~)'
(J,'(Cl; and .!Ill fire and w:nditorrn insurance policie-s on ~ny ot l!ild bvi!dln91, any interest therein or pari thereof, in the 1Jggrl.'g~le ".)n\ ~fofe,~.-J or
in eJ((€,H th'2'r(.'0f, shall cont"in the ulu31 ,Iand.Hd rnortg~ee cl.svle or such o,h~, (I.~u'e eH the fl'crt~jJg("e l11"y requ.re. m~\.in.(J the leu under I",d po:i-
(iel, e~ch and e"ery. p~y~b1e to '3id ,V,ORTGAGEf ~s its. intt'rcSl m"y appei!lr, .!nd ~~ch 3nd e'ller..,. such ~0:ICf shall be prom;.,tl)' ~\\ Y/le~t ~1',d de!.,(~rcd t;)
Inl h,_~ld b)' s~:d MORTGAGEE ~s further h~CLirity to laid mortg.:;~ nebt, and, not leu than ten 00: dJtl i'~ .::,::Lu,,\.~ u: i)l~ e.x.pirall'Jn of e,Hh pol;c.,., 10 dC'.
L..er to Bid MORTGAGEE: .l rene-....."l thereof. to..Jelhd \..,ith a rec~ipt for the premium of Iveh rer.,eN;!!; and there sh"ll be no fire or ....'illChf,:.IITl ins'Jr~T!':e
r!~ced on any of I"id bui:dir.gs, 3!ly' inh.'(est therein or pi!lrt thereof, un leu in the form and ",itn the tOH p.\)'~b~e as afore,,,;d; and in 1he e..-enl ail., 1..'111
of me-ne, bt"'co-nes raiJb!e Llndt'r i\.;ch pa!ie'l or p.... -ies ,,,,;d MORTGAGEE sh,,1I h"'IIe Ihe opfon to rt"cei....e dlld app~y Ih~ I"'11e on <"IccounT of The ifd,:,,!',~\...d.
rh~H It:(u'~d hereby or to perl!lll I~:d MOr.TGAGORS to re(~i....e and vse il or any p.'Ht Ih~lt!of L,)f (,ii~t..' l'U'PL'Sd .,.,'h-..i...' l~I_"'l I"~. I u' i'. t~; -
ing d!ll' eqUity. lien or right unut.'r Of by virtlJ"t of this mortg~ge; and in the event la:d MOK:TGAGORS sh~lI for an)' r~alon fail to keep Ihl! SJI'; piem,ks se
Ill!.Uf('J, Of fad to dei,..-.t."f pro~nptly' any of s"id poLC1es of insurance to I.]~d MORTGAGlL or fdd prOl1lpl:., to pa)' fully an)" rrC'll<vn therefor (..\r in ,j',
rc-\pect f".l to perform. d,1Ch"rye, Cll;t"CV1CO. effect. (omple~~, co.nply wilh and 3bide b,. !h;s coven"nt, or d!l,: p3f1 hereof. s,'lid ,"'~)RTC,..\Gt t nu-,' r'~,)Ct' " d
f.,'1)' ~or sud. insurance or an'y f'3rt thereof wllhol.... w3iviny ~r effecting any option. lien. equity. or r.yhl undt" or by vir1ue of Ih,~ I". '.>rTy <!9t.... 3r;J d~(
fu~l d'nount of C'.'lch dnd C\erl such pa)'ment sh~,1 be immediately' due ar.d r-,~)",]L:e and s1--;",\ bc,H infert..'st fro:n Ihe d3'e thereof \..trltd ~.~;J -dl th~ r,j~"! c,j
n~r'e ~.'t'r ce-nlu~1l per al:nu~n ^r~d tOY't.thcr wi,h such intert:s' ,h.\ll be- SCi:urto ~v the lien of this mortg.!g~.
..4. To permit. commit or suffer no wute, impa.irment or deteriora'ion of said properly or an)' part ,hereof.
5. To ra.t all end singular the cosU, ch<"lrgel nd expenses, including 5 reasonable atlorney's fee ~nd co!." of abstr~(" of title, in((Jfr~d or r~:d d~
any t;'l.'"~' by s_,id ,v.ORTGAGlE. because or in Ihe ~Vl!nt of Ir,-:o hllvre on the pl.rt of 1he s.,id MORTGAGOR to duly. prompliy "rld f~liy perfQrm, d,sc~.;,r(y_.
CH'CL.te. elfect, c(.~rnplt:'te. (omp!y With and ab:de by c(!Ich end e'Jery the ,'ipulations. agreements, conditions. and covenanTS of s~ld pro'niHor( note ,-,nd ,h~!
morlg:lg'~ MIl' or t"IIher, and s.'J.d COIlS, ch.Hges and expens.es. e.!ch and e....ery. snajj be unmc:dlately du~ dnG payab:ei whether or nu! Itlc-'e 00 nuLc!! d..
n~.)nd, dtren~pt 10 coiiecl or SUit pending; dnd the full efnount oi .;~ch and e.....ery such payment shall bear inteft'st from the d.!te th-ereof Ulltll pc!id "I It.~
r,j'.' ('f nUl;..' f'cr (L'[ltU:ll fJcr dr\nU:11; and "ii s,J;.:i (0S'S,. e,r1arges d'id expense, ir,curred or pdid. together WIth 'u-:n interest, lh311 be secured bi the llcr\ oi ,11,'
mortgage.
6, Th.1 (.) in the event 01 .ny breoch of Ihis Morlgage or default on .he parI 01 Ihe MORTGAGOR, or ,bl in Ihe evenl eny 01 ,,:d .um. 01 mone1
herein reh'rrt'd to be not prornrtl'y' and fully paid witrll:l ,hirt)' t30) d~ys nexl aher tht! S<.'lIne se....er'il'f Decom!.' due and pd)'dl):t-. wilhc'ul J~nl3lid or n...:!.c'_',
or (c) in the event ,each ~nd every' the stipvl~tionl, ~greemtnt~. conOllions and !O'lltnallts of la:d promissory note and th" mortgage dny or either are nO'
-july, pro:nptl)' and full)' r-erfo~n~('d, d,schar<Jf>d. executed, effected, completed, complied w;th and abtd.,:d "-;)'. then in either or any such event the !3:d il]
grc-gJfe sum mentioned in laid promIssory nol~ then remaining unpaid. with inrerest accrued, el~d dii monefs secured hereby. shuH u<:come dwe and }Jd.,
ab!e forth,....;th, or theredfter. at the option of s..'Jid MORTGAGE.E. as fully and completely as if all of 1ht.' said sum' of mone)' .....ere or'9.rl"!dy 1"~lU:cll!..d
to be p" d on such duy. anything in HI,d promiuory note or in 1his ""ortgage to the conlrary notwiThstanding; and thereupon or Ih,,:re<'lher at ,he oplIO~\ of
s<3id N.ORTGAGE.E. without notice or demand, suit et law or in equity, therefore or Ihere,eher begun. may be prosecuted el if ,ell money' secure-d hereb-,
held m<"ltured prior to Its institution_
7. That in the (,'VC;'"lr th,'l' at the beginning of or at any time pending ,eny suit upon this Mortgage, or to foreclose it. or to reform il. or 10 enforce
payment of Jill claims hcrevnuL'"f. s3id II.QRTGAGE[ sh311 3pJ.Jly 10 the Courl having jurIsdIction thereot tor the appointllH:n1 of a R~::'__I".cr, such COL.rt sha:1
fL-,rltlwlth .lPt C,);nt a r('cei'ller of s3id mortg~ged property all and singular, includ.ng all and singular ,he H1U,lrnf'. prohts, issve5 and re".enues ftolT' wtLJfed:r
,~.vrce deri...('d. cdch and every of which, il being expressly understood i, ~~reby mortgaged <"IS if Ipeclfj(dily sel forth and dcscrltJ.:d in 1he gf<"lntlng and
h:3tJendum C'dvses hereof, and such Recei....er shall have all the broad and effectIve functIon, and powers in <"Iny......ise entrusted ;}y d CC'J.t to a RL'Ct:l'it-r, d",d
I....cl1 .3ppoin1rncnl sh3li be nl~de by such Courf !!IS an l!d:'":'lifled t:qui:y and d n'.l1ter of !!Ibsoiufe right to ,aid MORTGAGEE, and ......l1hGvt reference to the
adcqll~;Cy' or if\adL'qLi~ci of tFle vaiue of the property mortgaged or to the so.venCi or insol'llency of s"id MORTGAGOR or th~ d~fC',;ddnlS, ard that such
renfS, fJrOf,lS, income. issues and re....enues shall be applied by such Receiver C1ccordlng to the lien or cquit r of !H~d MORTGAGEE ar~J Ihe practice of svth
Court.
8. To dull, promptly ~nd fully perform, discharge. exe(ute. effect. compl~le. comply with and abide by each and e'llN'I 1he s:;rU:~tlons, agreemk'nlS,
(o:1ditions and coven"n" In said promiuory note and this mortgage set forlh.
9. Th~! ;n the e....ent the o.....nership of the mortgaged premises. or d!l)' part thereof. becomes .....ested in a person other 1han the MORTGAGOR, the
MORTG.......G~f. ils successors and assigns. mdy. without notice to the MORTGAOR, dedI with ,uch successo' o~ SutCCHor in inter(;sl y..;th rch.'r.,:nce to 1t."
rrlo:1CJ~ge ar',d the debl hereby secv'ed in the same manner as with Mortgagor without in any Wd)' ....itiating or d;scharg;ng the M:-rtg3gorl' liabl:lly hl.re-
und:...r or u~;on the deb' hereby secured. No sale of the premises hereby morl90ged "nd no forbearancp on the p~rl of 'h>J MORTGAGEE or its 'ucce~S0r!.
o~ .H5IJIIS afid no ell;tens(on of ,he time for Ihe pa"(ment of the debt hereby secured given by the N.QRTGAGEE or i'I su{cenors or aSSigns, sha,l ot-'erdte
to rek'3se. dischdrye. modify change or affect the original liability of :he MORTGAGOR herein. eilher in whole or in part.
10. It is specifically agreed that time is of the euence of this contract i!lnd that no w.aiver of any ob1;ga1ion hereunder or of Ihe ob:igat;on se-
cured hereby shall !!It an'; tinle thereafter be hcld to be II wai"cr of !~e terml her~()t or of the instrument lecured herby.
11. In i,dd.tlc.n !o t~..'.! forego;n9 rJ10nthly paymcrlts of prine-pal ~nd inlerest required \:1"; the prom Hory no'c I['CtJre-n hL.rebi, mo~tg.JJor cO'.'ern,nf:io
....r.cJ ~\.r'..:es fo tJd'-,' tv n~;):fgagee ",,'l1h C<;'lch monthlY Pd)fl,Cn1 ,'If\ adJiliondl sum e*fllndleu by rnort~Jdgee to lH;' eq"J,,1 to 1 i 12 of the dflliUJI (O'5.t uf th..... fo<o.....
Hl'J
1...._ Ail r'_'dl prOper'l t,]l(t-S levi..:d or ds~esH'.d .J;pinst the ~bo'lle describ?d real csldYe.
n f'!t.il1;;JniS on Lr(' ilnd ....,i:\ds'o~r;l insurance a, ~lt:r(lin requ,red to be Ci'lrricd on the 1fl'1;.Ho'.Jernenls s:lU31t.' on th'! aLo'we d(:~(f.b('d prC'll;scS.
C Prt'lr,iVTf'S or. such r~.O"Y,Jge guari;nly IrlSUr",r1ce d' mort~pg~e ,lld:i {rUiTl j 11.'(; to L:i.f: d,;c"~~ h! '0 COrny on ft,(' IO~T1 s(cured h~.fCbi.
l,'o.t9il9ce shd'l (.om I,"'e to I,me nOlif,. morlgdgor ,n ...,riling ot the owouct due o"d p.yab'e her,'under anJ .uch sv" ,hd:' th,"eupon be dve d'''; I
1""."":" o~ the dJe dok of the ne,: ,"a~lhiy p./n,."t dcd edch .uccessive n1or,lh Ihc.."fter u"t,; rl'0"9'geo .f,,11 not,!/ rno"[J'JCI o! d ,h'''go '" .,,,h
~r~1Ql.)nL 5u::::' ~urns sh)!l b~ ap;-1:lcd lJy mortgdgee tONard the p3irnen1 of real property t~xes, insuran:::e prelll1vms, and morfgJg,} gUiHan1., ins,.JrC!ICC
p~.:'ll:lulns
aj YOdr~r/ afore?fi!!"id,~ 7.
-t~' (Jr{ '1___(5e.l)
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~~~. ~,., ~ (5eel)
(Seal)
(5eal)
hereunfO sel his r"ldnd and s.;Jl the dd'i
---~---_._~~-'--"---
STATE OF flORIDA
~.
COUNTY OF .
SL Lucie
Belore me personally appeared 't; ----L.....-_Br. i 1.-==-.;;-, ,~--\'~- end
.-Lo. i s B 2. i 1 ,~ ,; hi. .....,1., to me "(.11 kno...,,~ .Ad foo'Mt'to:mo to be
t~,. individual. de.cribed in and who executed the foregoing instrument, and acknowledg.d before me thot they .l\t<u\,d,l~""h.e for Ihe'tN!fo.e.
therein expre..ed. And the .aid La i s :3 a i } r~ 'f "~ J''>/ '.: T '1 < Q" .'...,
\0: L, Baile',' '''' \.:nL, ,
....il. 01 the Bid ___~ ~ --"''T'~'' s~~ a~d pri'wa1e
exam:notion by me laken separ.te and apart Irom her .aid hus\;,nd, ecknow'edged to and before me thaI she e~ecuted "i~ InttlvA,~' fr..."r1 an.{ v'1:uo,
'".Iy awl WIthout .ny compulsion, constraint, apprehension, or fear 01 or from her said hu.b.nd. ':=:'" :'" I-'..!. C ,~ .:
11 th clOY 01 . ADrj- i '{ <,',.', A. b. 1?-:.tH-
~ /~ / ,-Y L~j L. (--'\;~J~:~~" V.L~.-
Not.,y Public in .nd for Ihe SlIte 01 f~rd<o, ~ ,ldlge
My Commission explI'J \
'rHJ\Jry Publr. ='::l~ of Flor,j,) ", Lar:c
My Conlnl ss (.of! t~ ..~),rp~ No'.'. ...:. l!")b.j
Bonded by Amcfl';Z11l Surd)' ~o. of jo" t.
WITNESS my hand ond official ,eal !hi.
11/\740
Return To:
first Federal Savirgs t.. loan
Of fort PiercE'.
Fori Pierce, F!orid!
Au:x:iot;on
fii En ""0 f?ECOnDED
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