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~ 3. To lace and Co~ii~n~O~s!y kC~ cn `he b_~~'d. 3~~or, cr i~c~raiiar ~~r„a~~• un s.; ~.an.i u. ,r ~._~.3 n:f m-rtg
P P "'9 :.7=:,' pr+sona :rrcd 'ay t ~
~ge, wiih ell p~em;wns Ihe~eon ~e;d in f~U: flre ~nsvrar:ce ~n ihe usual sta~~;lar,i pu~~cy forin, io ~ s.~~~~~ apprev~d b~ ~he ~ti10R~~~,:.Gt[, a^d .v~ndstor~~~
im~~ance in the usuel ~tandard po:~~y form, in e:un: app~o.ed b~ tha MORTGAGEE, in wch co~rpar,y or co:npar.~es as the ~".l:~RiGAGEE -na,
d'+recz; and all firo and w~ndslorm insurante poNc:es cn any of ssid b~ild~ngs, any inte~asi therei,~ or pa•t thzreot, in the aqg-e~at~ su~~~ eforesald or
~n excess thereof, ~hall contain the usuaf sta+,dard morf~agee cla~se or si,ch other ~I~use as the Mortgagee mey rrqu.re, mak~ng t!.e ics~ ~nder s, d po~.i~
cies, eech end every, payab!e to sai~ 110RTGAGEE as ~la ir.trrest may appear, and each and every such p~lhcy sha:J bt promptiy a3s g~~ed a~d dr,~-ereJ ro
any held by sa~d AAORTGAGEf as fvrt~ei ae.urity to said n:ortgage debt, and, ~ot less than ten (10) days in ad:snce of the expi:at~on ot e3ch poGcy, to de-
livpr t0 aaid MORTGAGEE a r~~tewal ihereOf, togethzr with a receipt 4or the prem~~m of sueh ~ene~a"; :':d th~re shall ba no f,re or w:~.usio~:n ins~rance
pieted on any of said 'o~ildl~gs, any interest there;n or part 7herrof, ~n!rss in the fwm and wiih the !oss F~yab!e as aforesa~d; ar.~ in the e.e+~~ any scrn
of money becomes payable ~nder s~ch policy or pol+cies saiJ N~C)R~GAGE'e sha11 have tha ophon to ~re•.~v~• anii app'y th~ samt on acco~nt of ihe indabtrd-
ness sew~ed hereby or ro permit said MORTGAGORS ro receive snd ~sr ii O~ any p;,rt r'r~,c:~•oF r;;- crn. r~.~r:. _s~;. ~::rc ..r rn,~,: , -
ing eny cqu~ty, lien or rigM under or by virtua of this mortgane; and in the event sa'd MORTGAGO~'S shafl for any reason (a~l to keep the sa~d pre,n;s,~s w
inaured, or fail to det~ver promptly any of sa~d ~>oi~t;es o( uiwrance !o sa~d h\ORiGAGEE, or fa:; p;cn~~tiy to pay fu.~y any ~:re,:~~;n ther~f~r or ~n a-p
respect Fail to perForm, discha+ge, execute, effea, comp!ete, co~npiy with and ab~da by tii:s covena~;i, or any part hareot, sa,d ":1GRiv~G~E n,ay p~ac~ a~o
pay ior auch insuronce or any part thereaf w;tho~t waivirg or affecting any option, lien, equ~ty, or right ~rder or b~~ v~~t~e oi th~s N.urrgage, and the
full amount of eath and every suth payment shaif 6e immediately d~e and ~yable and sh3ii bear intarett fro~n fh,,~ data thzreoE unti! paid at the rate o!
nine per tenturn per annum and ro~ether ~~~th wch inter~sr shaii br sew:ed by the lier. of thia mortgaga.
4. To perm~t, commit or s~~ffer no waste, impairment or deterio~ation of said property or any psrt ther'rof.
5. To pey ell end ~ing~ler ti~r coa~e, charqea and eype~~se~, ~nd~ding a w~sonable at~orney'~ .'ee and casts af ahstracti of t~!!e, incurred or pai~ at
a~y time by sa~d MORiGAG`.E, because or in the evenr of the fa~lure on the part of the sa~d MORTGAGOR to duiy, p!omptly and fu:iy pe~form, d~scharge
:xecvte, efFect, complete, comply with and al~:de by each and yvery the stipulat~ens, agreem~nts, cond~tlons, and covenants of eald prem~ssory note ar.d ih;s
mortgage any or either, and sa.d cosrs, charges and expenses, each znd eveiy, shaii be immed~ateiy due and cayab!e; wherher or nut tS,ere bz ne~lce d~
mand, ~7ternpt fo cu;lect or su~t pend~r,g; and rhe f~l; amount of ea:n and every s~ch payment shal; bea~ iiutresr fror~~ the date the:eof unHl p;id et t}:e
rate of nir.e oer cenrum par annu:n; and ail sald custs, charges and expanses incurred or paid, iogethar .v~~h wch If1I?;BSI, shall be secured by ifie lien of thla
mortg a ga.
b. rhat (a) in thz ev~nr of any brea.h of this Mortgage or default on th= pnrt of the MORTGAGOR, or ;b) in the event any of sa d s~ms of monev
herein referrad to be nut promptly 3nd fully pa~d wilhir, ~h~rty ~301 days next att•.r ihe sa~ne severa`:y oecome d~e and payob:e, wilhu~t demand or notic<~,
or (c) in tha event each and every the st~pu'ahens, agreernentS, .'onditions and co~endnt~ of sa d pro~nissory nora and th,s me~tyage any or eithcr are not
~uly, promptly and fully perfcrmed, d,scFiarged, executed, effected, completed, compiled w~!h and ab:ded tiy, then in eitnrr or any sucn event the sa~d ag
gregate sum mentioned ;n sa:d promissary r^~~ rhen rema~nin~ unpaid, with interest t.c.rued, and aif mor._,._ _~~rcd hsr~!~;, shs!t ~-~:o~,e dve and pay
ab,e forriiw;th, or thereafter, ar the eprion of said MORTGAGEE, as tuliy ano corr:plete~y as if a!1 of the saidPsums qf money were orlginally st~pu.ated
to be pa;d on such day, anything in sa:d pron:~r,^.ry note or in this hhortgag~> to the contrary noh,v~t;~s~andinq; ~r.d thereupon or thereafte: at th~ ept~on of
said MQRTGAGEE, w~~hout nar::e or demand, r~~t ar ~aw or in equity, the+efore or thr~realtcr begun, ir,ay be orosecuted as if a!I moneys sec~red hereby
nsd matured pr~or to ~ts ~nstitution,
7. That in the event that at the beginning ef or at any time pending any sv t upon this Mortgage, or to foreclose it, o; to reform ir, or to enforce
paymenr of any c(aims here~ndcr, said MGPTGAGEE sha~l app?y to !he Courr hawr~g ~~ns:t cr;en ther•_et ;or the app~:ntment ef a Rece~ver, w.h Court sha~i
iorthwith appoir.t a receiver of said mortgaged prOperty afl end singuiar, indud.ng a,1"aa~d s~nryu!ar rhe inccme, profits, issues and re•venues fro~ wh~t~ver
seurce derived, each ar:d every of .v'r~~ch, ii be~ng express y understood, is ~ereby ma~rga~ed ~s ~f spec,fica~iy set iorth ar.~i described in rhe grznr;n~ ar,d
habendum cla~ses hereof, ar.d such Retaiver shail have all the b~aad a;;d effealve funct.ons and pov.ers in any,ti~ls~ entrvsted by a Cevrt to a Rec~iver. and
t~th appointment shaii be made by such Couct as an adnitted eqvity and a matter of atso!ute r:ght to sa:d h1pRTGAGEE, ar.~{ ~,v;ti~eut reference ro the
edequocy or inadequacy ot the val~e of rhe proparty morrgaged or to rlia se.tien:y or ~nsa:vr.r.cy of sat~ I.~ORTGAGOR o~ the defer,da~;ts, and that such
renrs, profits, income, issues and revenues shall be app.~e~i by wcn Recelver accerd.ng to the lien ur eq:,it j of saEd MORiGAGEE and the practi.e of s~ch
Cour4.
8. To duly, promptfy and fu:~y perform, d~sch~roe, exec~te, esf~cr, co^+pizte, cempi; w~~h ar.d anide by each ar.d every tFe s>;pu;at;ons, agreements,
conditions a~d covenanrs in sa~d promissory note and thls moriga72 s<:r for~h.
9. Th,at in the event !he cwnership ~f t6e mc~tgaacd premisas, or e~iy part tnereof, ueccmes vested in a pe•son crher than tFz ~AOR~GaG~e, the
hSQRTGAG:E i?s s~cceseo~s and ass!?ns, m~y, w~rho~i nei;ce to ehe ,tSGAiGAOR, dua: .~~~h such successor or successo- ;n interest ~v~?h referente to th,s
mo-tgage ar.d the deot heri~by sewred in tne same manner as w~;h r.`,ortgagar wl~hout i~ any way vet,ati~g or d:scharg:ng tne ,'.1c:rgagors' IiaS::ir~ h~re-
under or upon ihe debt herec~ sec~r.:d. No sa;e o~ tt+e F•e-nis~s hereby rr.ortgagcd acd no forbearance en iha part oi thz ;•,~QTGAGEE or i!s s~ccessors
or ass~gns and r.o exte^s~on of ''r.e r;;ne for rhe pay~ t ui rFe debt h^reby s?cured g~ven by ;he ;:.ORT~',F.Ge: cr ~ts svccesscrs cr ass gns, ,{~a!i operate
to re!ease, d,scharge, modify cnarge or affect the c•~g.nai iiac;:t~r of the h',.pRiGAGOR here:n, either in whofe or in part.
10. It is spec[fica!~y agreed rha! time is of the esser.ce of this cor,riact and that r,o waiver of any ab! gas~on hereunder or of the ob(igation se-
c~red hereby sha~~ ar any t:me nc~rzafter ~e he!d to be a wai~er of !he te:,,:s hereot or of the insarurrent sew~ed he~by.
11. In ,;J;i t;~-, so th_ ioreac reo ~:r F,.y r r~s oF F:~ c p~' a~d inferesr re?u .ed t,y th.: F,rc ~ ss~ry r s::,,•ed hc•rp~ .r.orrgagor covenar.ls
and egrees ro;.ay vu mo•'3:yee ni,h each ...on h'Y e, ent an ddd~r,onal s~m es• ated b~ ~:~o~tga~eN to he ea.,a ;0 1: i'1 of r1 ~~~al cost o' tht~ fo~:o.v-
irg:
A--A;i rcai rrop~•ty taxas ~e.i~u er assess_u ag~i~s! 1'r~c eh~vc d=s•.;~.cd ._ai ~s•a!_.
5- Fia: :,,.,,s on f~re accS v:~;;dst~r~„ insv~.~rce nerc;n requ;red to hc carried cn thC ~m~:!pvBmfltS :tvat;: o~l T~t_ ~^.p'/~' p~SCflh;d P'@n115@5.
C--Pre:..,lu:, s on such rr,ort ;;ce ~ua•a~:~y i^svracce as rr:.c,.•~a7ee s~:a l frer ; me .o ti ne dre.^~ ft to ca•ry on ~F,e !oon sc:~red 'n~~reb1.
h"onga~ee 5 °~em t,,e ~p t e r t _ ,gc. .n r t n~ of the r-o~.it ,rd p~yabie Fe••eur„!~r a„d sc;:n su". ;ha ~ th;.,eupcn be t~ue a~d
p.~yab'e o~~ !n,~ do_ c~~e cf t~= r._x. r. o• , c, _rt and e~ch s.,cc.~ss've rronth ~af!~r ur• mcrr ;3~e> sh , n~! fy r ;:_7er cf a c'•'a~g~ in s.:.ti
ar,~,ourt. Su:h s.~•~~~5 s~a' t;e ar~.~c_i ~y n•or•ga~~~ ,or:a~d tne pay~•e~t o' rea! pro~er,~ 13%2i, i'15'~fdlL? c'e,,u..s. ~ d no-tga~~ gv;rant~ insurarce
orer,~iums.
IN 1'lITNE~S `1:H~RcOF, vhe said '.1CRTG%:GOK h~s h~re,~,to se! hls hacd ar.d s^al the day and year ' st aforesaid.
Signed, 5ealed ar.d deGv ed in the pres^nce of: G~
7~ n p s S ~ - Y ~ " ~`~'Ll /i5eal)
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(5eai)
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STATE Of F~l~!/~ ~ ~
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COUNTY OP ~
Befcre me personally appeared ~hOT':"' =r S O and
ii&ry R. ~~:''L150, • ~ his w:fe, to me we!! kncwn and kno.vn ;o me to be
the indtviduel~ detcrfbed in and wh~ •xec~ted the, foreggin~ instrvment, and ~cknowledged before me that they exet~fed ,h2 s~m,e fot She purpo5es
rherein expressed. And the safd~ ''ar'Y n, "~T'USO
^I~:C'.'i`~S !.i :'`dY'L1S0 - -
~-~-e of the said _ _ _ upor, a scp~~ate and pr~va~e
efnm~nat:on oy ~re taken seperate and apart from hei said husb~nd, acknowledged to and befare me that she exetuted s~id ir.strument freely and vp!um
rari;y and w~thout ar:y corpu's.-n, ~onstraini, apprehens:on, er fear of o; frory; Frer sa;d husband.
W17i`;;SS my hard and official sea! lhis_ ~~'_r~ day of_____~ t°t~~ ______r_ , A. D. i9 d~.~
_ ( '?~L.~s~-'t.E'i ~-rn-Gt--' -
f Notary Pub'i: in a.^.d for ihe Sta?e of L ye
My Ccmm;ss~on expires: ~~~.y~ /fl~r9 ?
Return To:
First federat Savings 8 Loan P.sscu~t;on
Of fort P:erce. ~~7rJ' ,
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Fors P;,~ce, Fyprida
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LE~. ANt7 CORDEd " ~t_
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- '65 JUN 7 AM i i : 0 3 - - - ~ ~
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. . . ROGcR P017RAS~~L'~kK •
ST. LUG1£ COUNTY, n G~(~
FLORIDA j~ ~i,7 _ J