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To pl~ct and continuoualy ke~p on tM lwiidin9~ now o~ Mre~HK NtuaH on iatd land and on all equiQmsnt ~nd pessonatty covN~d by thia mwf~
p~, with all prsmiums tMreon paid in full, fire insuranc~ in the u~wal ~urdard policy fam, in a sum approved by ths MORiGAGEE, and windttwm
kqwanCM in 1M ~twl st~r+dard policy fw~n+, i~ • wm ~pp~oved by the lNORTGAGEE, Fn wch companr w tomp~rtie~ N the MORTGAGfE may
dNwct; ~r+d all fi~~ ind w~ro~m tn{wn~cr ~ polic~er on any of ssid 'lwiadinpt, ae+y ihhr~st thtr~in u p+n tlK~eof, In Mw pgrep~~e sum ~for~aa~d w
In ~xna~ Ihervof, thall cont~in th~ usval atandaad matqaq~e claw~ a sutfi Mha d~v~e q tM Mortyag~e m~y rpuir~, makinq the {ws under ~aid poli~
CiM, wth ~nd every, payabl• ro s~7d MOR7GAGEE a i~s interest m~y sppsar, ~nd ~ach ond ~wry tuch poficy sh~l? b~ promptly ~ss:yn~d ~nd cielivared ~o
~ny Mbd by ~aid MORTG/1GEE n furthN uturity to ssid mortyaq~ debt, ~red, not ks~ tha~ ten (10) days in A~V~1K~ of tM ~xpir~tiac ot tach polity, ro dr
liwr to ~aid NIOrZTGAGEE a rM+rwal tMnof, to~rrthw with a ~ectipt fw tF~ pr~mium of suth ronawat; and then ~hall b~ rw fin or windstorm insur~nc~
pl~t~d on ~ny of said buildirps, ~r?y inter~at fMr~~n a p~rt thshof, unl~ss in th~ fo~m ~nd with tM bst payabl~ aa afor~~aidr and in th~ eve~t any wm
of ma~ay betomes payabt~ undsr such policy w policies wid MORTGAGEE ahall havs th~ opt~o~ to receive and apply the sar»~ on +ccoum of tM indebted-
~+a ~cur~d I»nby w~o p~rmit said MORTGAGORS ro raeeive and ua~ it er any part thrreof for othc~ pu.p,::es, w~~hout theteb~ waiving or ~mpair
i+q an~~ p~ify, IiM or right ur+dar ar by vlrtue of thit morryape; and i~ tM went s+id MORTGAGORS shall for eny rtaWn fail ro keep the said prsmises w
irnured, o? f~il fo d~liver promptly ~~y Of faid politias of in~uraM~ to said MORTGAGEE, or f~il ~omptly to pay fully any premium therefor or in any
~qp~tt fail W p~rfwm, discharya, execute, effact, complett, comply with and sbid~ by this covenant, or any part ?~e+sof, N~d MORTGAGEE mey pl~cr and
pay fw ~~ch Imuranc~ or ~ny paR tFwteof withavt w~ivirq or aff~cfinp any option, li~n, rquity, or ~i9h1 vnder or by virtve of thit MoHqap~, •nd tht
full amovnt of wch r+d ~very auch payment ahall 6e immediattly dw and pay+ble and shatl baar interest fran the d~rf tharooF until paid at the rate al
niM per centum p~r annum and rogether witfi suth i~terest shall be~setured by th~ li~n of this mOrtppe.
1. To permit, mmmit or suffer no waste, tmpeirment or detrriorotion of said property w any psrt fMreof.
S. To pay a11 and sir~ular ths casri, charges and expensa~, includiny a reasonabla ettomey's fee and costs of sb~iracts of title, i~curred or paid at
any time by said MORTGAGEE, because or in the evero of the failurc on the part of the said MORTGAGOR to duly, prornptly and fully perform, discharge,
sxecut~. ~ffecf, complete, comply with and ab~de by each and every the stipulationa, sgreements, ccnditions, snd covenantt of uid prom~s~ory note and this
mortyaye any or •~ther, and aa~d costs, charges and expenxs, each snd every, shall be immedietely due and payable; whether or not there be noTice dc
mand. attempt to collect or ~uit pending; snd the full amcunt of aach snd every suth paymaM ~Mii bear interest from the date thereof unti! paid at the
rate oi nine par centum per amium; and atl said costs, cnaryrs and expenus irxurred or paid, together w~th svch in~arest, shall 6e secured by the lien of thii
mortpe4~.
0. That (ay in the event of any breach of thia Mortgage or defa~!t on the part of the MORTGAGOR, or (b) in the event any of said sums of mo~ey
herain r~ferred to be n~t promptly and fully paid withi~i thirty (30) day~ next after the iame severolly becorne due and payable, without demand or notice,
or (cJ in the event each and every the stiputat+ons, agreements, conditions and covrnsnts of sa~d promissory notr and th~s mortgege sny oc either are not
~~ly, promptly a~d fully performed, d~scharged, executed, effacted, completed, complied with and ebided ~iy, tt?sn in either or any :~tch event tM ~aid ag-
~regaTe tum mentioned in said promissory note then remaining vnpaid, with interest accrued, and all monays secvred hereby, shall become due and pay
able forthwith, or thereafter, at the option of said h10RTGAGEE, aa fully and completely as if all of the said sums of money were nriginally stiputated
to be paid ~on such day, anyfhing in said promissory nate or in this Mortgage to the tontrary notwithatanding; and therpupo~ or thereafter at the option of
taid MORTGAGEE, wilhout notice or demand, suit at law or in equity, therefore or thereafter begun, may be prosecuted as if all moneys secured hereby
had matured pria to its institution.
7. That in the event that at the bc~inning of or at any time qending any suit upon this Mortgage, or to forecloae it, or to ~eform it, or to enfosta
payment of any tlaims hereunder, ~aid MORTGAGEE shall apply to the Court hevinq jurisdiction thereof for the appointment of s Receiver, suth Caurt shall
forth~vitr. apppint a receiver of said morlgaged property all and singular, includ~ng all and singular the income, profits, issuea and revenues from whatave~
w~rca derived, each end every of which, it be~ng expreasly understood, is hereby morrgaged aa if speciiically set forth and dcstribed in the g~anring and
hrFiendum clause: hereof, and such Receiver shall have all the broad and effedive funct~ons and powers in anywise entrusted by a Co~rt to a Receiver, and
suth appointment shall be made by euch Court as an adm~tted equity and a metter of absoluta rigM to said MORTGAGEE, end without reference to the
adequacy or inadequacy of the value of the property mortgaged o: lo the soive~cy or insolvency of said MORTGAGOR or the defendanta, end rhat svch
renfs, profits, i~come, iuues and ravenues shaN be applied hy such Receiver accord~ng to the Iien or equity of said MORTGAGEE end the prectice of such
Court.
8. To duly, promptly and fully perform, discharge, exea.te, effect, complete, comp?y with and abide by each and every the stipulations, agreements,
conditions and covenants in said promissory note and this morrgage tet for!h.
9. That in the event the ownership of the martgaged premises, or any part thereof, betomes vesSed in a person other than the MORTGAGOR, the
MORTGAGEE, ita successors and assigns, may, wiehout notice to the MORTGAOR, deal wi~h such successor or wcceswr in inrerest with reference to this
mongage and the debt hereby secured in the same manner as with Mortgagor without in eny way vitiating or discharging the Mortgagori liability here-
under er vpon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearence on the part of the l~1URTGAGEE or irs successors
or aasig~s and no extension of the time for the payment of the debt hrreb~ secured given by the MORTGAGEE o~ its successors or assigns, shall operate
to release, diacharge, modify change or affect the original liab~i~ty of the MORTGAGOR herein, eiihet in whole or in par+.
10. It is specifically agreed that time is of the essence of this tontratt end that no waiver of any obligat~on hereunder oe of the obligation se-
c~red hereby shall at any time thereafter be held to be a waivzr of the terms hereof or of ihe instrument setured herby.
11. In add~tion !o the forego:ng monthly payments of princ pal and interest required by the prom~ssory note sec~red hereby, morfgagor tovenants
and agrees to pay to mortgagee with each monthly payment an add~rional sum est~mated by mortgagee tb be equal to 1 j~l^a of the annual cost of the fallow-
ing:
A-All real property taxes levied or assessed against the above descri6ed real estate.
8-premiums cn fire and winds~orm insuranca as herein requ~red to be carried or, the improveme~ts situate on the abave dascribed premises.
C-Premiums on such mortgage guaranry inwrance as mortgagee ahall from tlme to time deem fit ro carry on the loan secured hereby.
Mortgagee s?+ai~ from time to time rortfy mortgagor in writing of the amount d~e and payable hereunder and such surn shall thereupon be due and
payable r,r. +4~ due date of tfie next month!y payment and each successive month thereafter until mortgagee sha!1 r~ot~fy mortgagor of a change in such
arnount. Such sums sF.all be applied by mortgag?e toward the payrr~ent of real property taxes, inaurance prem;ums, and mortgage guara~ty in3urance
premi~ms.
IN W~TNESS WHEREOf, the said MORTGAGOR has hereunto set his hand and seal the day and y fir resai
ned, al and livered "th~e p~ a'ence of:
~ (Seep
~,,77. f1y.,.~'~r~, - _ (5es1)
~ ather ne E. Center ~~a~~
- cs~ai)
STA7E OF FLdRIDA - ~
couNrY oF Saint Lucie
Before m~ psnonally eppearcd H. E. C@flt'gr and
Ka the rine Fi • ~i 8Y~! t'il°I I~ his wift, to me well known and known to me in be
tha individuals described in •nd who executed the foregoing instrument, ~nd atknowlcdged before me that they exe<uted the same for the purposes
therein expre~sed. And thc said Katherine E' . C enter ~
wife of the said ~.e z C$n~QY' , vpon a sepsrate and privet~
exeminet~on by me taken separate and apart from her iaid husband, esk~wwledged to and betore me that she executed aaid instr~ment freely and volun-
tarily and without any compu~sion, constraint, apprehewsi , or fear of or from hnr hus nd./ ~
WITNESS my hand ar.d official seal thi~ day of_ , A. D. 19
_ f.,c.~Ls~ ~1-~Ei
~ Notary Pubi'sc in and for the State of Florida at larye
My Commiuion expiAl4tary puCR~r„ 5:ate G:` f c•r ._a at ~ar ,e
Retum io: My Comm,ss~un Cxp~te5 Nov. 3, 1965
F~~.r federal Ssvinps 3 Loan Association F~LEO AND RECORDED BQnded by~AmeriCati SureXy Co. o~ Y<
Of FOVt Pierte. ' : . . . J ~
. . ~_,_.p 0 0 K '
FOr,f..PierCe, F16rida ~ ' .
` ~ ~~Y.
_ . . :°,;';ti';. '65 QC~ I PN Z : 2 2 ` ' ' ~ . .n `
~ - VJ~~~ ~ 13~~~5 ~ . : -
. R'' - ROGEFi PG1? RAS. C~ERK ~ , ~
~ sT. LUCIE CDUNTY.
;
_ ~ _ FLBRi~A
~ ` 'll J ,
; , . 0 R
~ i QOOK ~ ' -
~7 54~ ~