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To pl~a u~d aaNbN+owl~r kwp on tM lwildie~ now w!?K~+fqr wn»~e on aid I~nd ~~+d on ~II puipm~al u+d p~?~or?~Ily cov~i~d by thi~ mort¢
p~„ with NI pnmiums IMvlo~ piid i~ f~ll, fih insw~nu in th~ wwl st~e+dard policy form, LK a wm approwd by tht MORiGAGEE. ~nd wi~torm
~ IewNano~ i~ t!N wual st+nd+rd policY fw+n, in • sum approved by tM MORTGAGEE, i~ ~uch company w coenpanNs ~a Hn MORTGAGEE may
dkret~ rnd ~I) fin a~r~d wNdrtorm inwrancs ~wlici~r~ an ~ny oi s~id bulldie~, amr in»ryst tMr~in w part tM•wi, in thr ay~.p~t~ wrn ~fuwaid or
In s~na th~nof. ~I+atl oont~In th~ wwl uand~rd m+o:tqay~e claw~ w ~veh ofh~. dsuN ~s th~ MortpaqN may ?puih, m~kinq tM loa w~d~r uid polF
ciM, ~ath ~nd rvsry. paY~ba'1o ~ald MORTGAGEE as its intMe~t n~sy ~ppsar. ~r+d each snd ~wry auth policy aRsll b~ promptly ass:pnsd ane) d~liv~?~d ro
,~ny h.ld by ~.~d MpRTG~GEE a~ fw3h.r s.cwiry ro s.ki mwtyaye d~bt, ~nd, not I~a~ than tsn (10) daya in advanc~ of th~ •xpir~tio~ of ~ath policy, to dr
~iMN to ~ald NWRTGAGEE ~ rMwwal Mrr~of, tap~tMt with a?xript fw tht pr~mium of s~ch rsnswal; and tF+a~ s}~+11 b~ no'fira or wir+dsrorm inauru+c~
pi~pd on a+y of wid bui{dieg~ ~ny inf~rNt M»nin or part therpf, unleu in tM form and with tM loss payabi~ aa ~fore~aid; and in tM •vant any wm
of mon~y b~con~ payabl~ unda wcl~ polky or policf~t ~aid MORTGAGEE shall Mw ~M option ro r~uivs and ~pply the aam~ on accoum of tM Indebted-
~.a ..cv..d 1»..bp a a p~nr~ir wid MORTOAGORS ro r.c.ive and utt N w any pa~t thereof for othr~ purposes, without thmeb~ waiving w impair-
inp any puity, li~n or riqht urKMr w by virtw of this mortQaqe; and in tM ~vent ~aid MORTGAGORS sh~ll fo? any rtason fail to keep the said pnmiira ~o
lmund, or t~ll b d~liwr promptly ~ny of Nld POIICIp of insurant~ W s+~id MORTGAGEE, or fail promptly tn pay f~ity sny premium therefor or in any
rNp~ct f~il b p~rfw~r~, d'atM?q~, ~x~tvt~, ~fhcf, tompl~te, comply with ~nd ~bid~ by this tove~+ant, or any part herwf, taid MORTGAGEE may p~ate and
paY fa wd~ inw~ae~ ot any p+rt tMnof without w~ivinp at ~fF~clinq ~nY optio~, lisn, p~ity, a riyht und~r or by virtw of this MortyaQ~, and ths
full ~mount of wth ~nd ~wry wde p~ym~nt ah+ll be imrmdia»ly du~ and p~y~bl~ and shall btu interset from th dat~ tMreof until Raid as tha raro of
niM per c~wm p~r annum ae~d toQ~ttxr with wch intereat ihali bs secured by Me li~n of this mortga~e.
1. To pKmit, tommit or wfftr no wut~, impairment or detsrior~tion of ~aid propsrty w~ny p~rt thereof.
S. To pay all a~d slrpular th~ costa, thery~s ~nd expemes, includfrwp ~ reasonable sttorney i fea and cost~ of ~bstracts of title, (ncurred or peid ~t
~ny tlm~ by wtd MORTGAGEE, b~tavse w in 1M !~wnt ot the faiture on the pan of tM aaid MORTGAGC7R to duly, pramprly and fully parfarm, diatha?qe,
~~ecut~, ~ff~ct, compl~te, comply with and ~bld~ by ~ach snd evety ths ~tipulatioru, ayreement~, conditioni, and cownants of •aid promissory note +~d thii
malqp~ ~ny w~itMr, and ~aid tostt, cMrq~s and axpenses, each and tvary, ~h~ll be immediataly due @nd paysble; whether or not there be notite da
m~nd, atMmpt fo coll~ct or wN p~ndiny; and tM full amount of aach and twry ~uch paymem shall bear intsrstr from ths date thsreof until paid at the
r~h of ninr p~r centum par annum; and all ~sid coah, ~harp~f and expanse~ inturr~rd a p~id, toqrthar with svth inttrtat, sFwl) ba Hrcured by tM, li~n of thi~
6. T?ut in tM ~vsnt of any krr~ach of this Mortpa~~ or dsfa~lt on the p~rt of tha MORTGAGI~R, or (b) in tM evant sny of s~id wms of mo~ey
Mhln rohrr~d fo b~ not promptly and fufly peid within thirty (3p) days neat after the :ame several~y become due •nd payable, without d~mand or notite,
or (cJ In tM ~wm e~ch ~nd ew.y tl+e stlpulations, a9rsemenn, condiriona and covenants af sa~d promissory note s?~d th~i mortgaq• any or ~itMr ~ra not
luir, promptly ~nd tully p~rfwm~d, diuharyed, executsd, effected, compl~ted, <omplied with end abided by, ths~ in si1Mr w any tuch eve~t tl» said ~
prpah wm rrk~tloned in saed promissary not~ thrn remaininy unpaid, with interest accruad, and all mor+eyt s~cur~d, hereby, thall become dw •nd pay-
~bl~ fortfiwith, or thereafter, at the option of taid MOR7GAGEE, aa fully and tompletely at if all of the said a~nr of money were ai9inally ttipulated
to bs paid on wth d~y, anythir~ in said promiuory note or in this Mortqaqe to the cantrary notwithitandin9; and Ihareupon w thereafta~ st the option of
faid MORTGAGEE, without notice ur demand, ~uit at law or in equity, therefore or thereafter begun, may be prostcuted as if all money~ t~tured hereby
Mt! mafu?~d ptipt fo iti irqtitvtion.
7. That f~ the tvent that ~t th,: beginning of or at any time pending any ~uit upon this Mortgaqe, or to foreclose it, or to reform lt, or to enfort~
paym~n! of ~ny tlaim~ t~rreunder, s~id MORTGAGEE ahall apply to the Court having jvrisdiction thereof for th~ sppointment of • Rsceiver, tuch Court ahell
Forthwith appoint • recsiver of sai~1 morigaged property all and singular, includ~ng all and singular the inmrrh, profitt, iuuet and revenues from what~vtr
tourt~ thriwd, aach and rvery o~ whith, it beinp ~xpressly understood, if hereby mortgaged ss if tpecifitally ~et forth and deacribed in the qrantinq and
hab~ndum ttausus hereof, ond wch Receiver shail have all tht broed and effective functions and powers in anywite entrutted by • Court tQ ~ Receiv~r, and
~uth sppnintm~nt shall b~ m~da by such Court as an admitted equity and a m~tte~ of ebsolute right to seid MCRTGAGEE, ~nd without reference to the
~d~qu+cy or inadequaty of the velue of the property mortgaged or to the solvency or insolvency of s~id MORTGAGOR or tM defendants, and that such
r~nts, profits, incoms, iuues and r~venuea shall be applied by such Receiver according to the lien or eguiry of isid MORTGAGEE and the practice of such
COVA.
8. To duly, promptly snd fully perform, dischar9e, execute, effect, completa, comply with end ebidc by esch and every the stipulations, agreement~,
conditioru snd coven~nts in uid promissory note ~nd this mortgage set foith. ~
9. TVut in the event the owne?ship of the mortgayed prem~ses, w any part thereof, becomes vesf~d in a perwn other tha~ the MORTGAGOR, ths
MORTGAGEE, iri wccessoa and assiqna, mey, wirhout notice tu the MORTGAOR, deal with such wccss~or or wtcessor in interest with ~efer~nue to this
morty~pe end the dtbt hereby sec~r~d in the isme msnner as with Mortgago~ withouf in any way vitietiny or discharying ihe Mortgagors' liability hera
undtr or upon th~ de6t hereby secured. No sala of the premiaes hereby mortgaged and no forbearence on tM part of the MORTGAG~E or iti iuccessors
or aasfgns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGEE or its successors or assignt, shall operate
ro r~feese, dixMrqe, modify cFwr.pe ar affect the original liability ot the MORTGAGOR here~n, either in whole or in part.
10. It Is spscificelly ayreed thet time i~ ef ihe easence of this controd and that no waiver of a~y obligation hereunder or of fhe obliy~tion se-
~vred hsr~by sh~ll at •ny tirrta thereaftm be held to be a waiver of the terms hereof or of the instrument setured he.by.
11. In addition to the fwegoing mortthly paymen!s of princ'pa1 and interest required by the promissory note tecured hereby, mortgagor covenanta
and agrees to pay to mortgagee with each monthly payment an addirional sum estimated by mortgagee to be equal to 1/12 of the annual tost of the follow- '
ing:
A--AII real property taxes levied or assessed against the ahove described real estate.
B-Premiums on fire end windatorm insurance as herein requ~red to be carried on the improvements siruate on the ebove described premises.
C-Premiums on suth mortgaga guaronty insurance as mortgagee shall from time to time deem fit to carry on the loan secured hereby.
lNort9agee shall from time to time notify mortgagor in writing of the amount due and payable hereundar and such sum shall thereupon be due and
paysbla on the due date of the nrxt month:y payment and each suctessive month thereafter urtil mortgagee shall notify mortgegor of a change in such
amo~ne. Suth sums thall be applied by mortgagee toward tfie payment of real property taxes, insurance prem~ums, and mortgaqe guaranty insurance
premtums.
IN ITNE55 WMER ehe said MORTGAGOR haa hereunto set his hand and seal the dey and y~ar • t orraaid.
, S~ydad•i d~ r i th~ presence of: ~
~ _ / ($eel)
Ke IZ J k on ~~.i~
~ Cssaq
E1 z eth Ja son
STATE OF FIORIDA ~
couNrroF Saint T~ucie
befwe ms penonally appsared K@IItOfl J~ ckaon and
_~L~~~be-th e!k3~ri _ his wift, to me well known and known to me to bs
ihe individuds desvibed in and who exetuted the fweqanq insir~ment, and acknowledged before me that they executed the aame for the purposes
the?ein ~xp~~sied. And the sa~~--- Elizsbeth .TBCksOri
wile of ths said ~{e~'jt021 N. Je cksan ~ upon a sepsrate snd privat~
exsmination by me taken separase and apart from her aaid husband, acknowfedged to end txfore me that she execvted said imtrument freely and roiurr
tsrily artd without •ny tompultion, tonstraint, apprefie 'on, o? fear of or from r said huaband.
W iTNE55 my hand and officiai seal thio dey of ~~~A.~'D: Y9~
~ ~ `
Notary Public in and for the State of Fiorida ~t larye
My Cammission exp9ros: ;,J - „ 3.
R~rv~?, To: pE0 4 -3.i.-~o
F~~t Feder~l $avinp• a~oa~ Association AN RE ~ :
Of Fort Pierce. ~~LED~ $OO ppTARY PUSIIC, STRTE`Qf F~'QRIOt18t LARGE•,',
Fo?t:P.iuce, flwida ~ MY COMMISSION EXP1RE97~1Pf~ P+~1.` 1969
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