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To place ~nd conHn~ously keep on tM buildings now o~ haeahN ~itwu on said luid snd on +II eqvipmem ~nd p~no~ally covaed by thii mort9- .
wifh dl prtmiums lhereon paid in full, firo i~u~~a~xr ~n ~M ~sual iunds~d policy fam, in a iwn approwd by ths MORiGAGEE, ~nd windttam
~n~uranct In tM vswl iqndard pol;cy fam, in a sum approved by iM MORTGAGEE, in s~?ch company or companiK +s tM MORTGAGEE n?ay
dirKtj and all Rr~ and windstoree~ insuranc~ polkies on ~ny of iaid build~nps, any {ro~r~st therein or pah thereof, in tFN ~re9~ff Win ~}Wfi~d M
In ~xcea 1hKwf, shal) conbin tM ~swl it~~dard mortgage~ claus~ a iuch other cl~us~ +i the Mort9ayse may rpuu~. m+kinp ~he los~ unde~ sud po1F
uc~, ~~ch and ~wry, p+y+bl~ 1o s+~d MORTGAGEE ~s its intereit may ~ppear, and each snd every iuch pol~cy ahall be prompdy +~s:gned ~~d de~ivered ro
•ny Ixld by said MORTGAGEE ss fu~tha secwiy to said ma~~a9e dcbt, ~nd, not leu tMn ten (10) days in advance of tM expir~t~on of each policy, to dr
I~~~sr ro ~aid MORTGAGEE a nnewal 1F+Keof, topetha with a receipt fw tht p~emium of wth renewal; ~nd then s!?~II b~ no fir~ w windstorm insuunte
pl~ced on ~ny of said b~ildirqs, any inte~est therein w part thereof, unlesa in the form ~nd with the loss payable as +~aesaid; snd in the event any sum
of mon~y becorn~s pay~bl~ ~ndK wch policy w policies said MORTGAGEE ~hall haw 1M optio~ 1o receive and ~pply :he same on account o( the indebted-
neu secwed hereby w b permit said MORTGAGORS ro receiw and uu N ot any part Ihereof fw other purposei, wl~hout th?reb~ waivi~y or ~mpair-
~rq sny p~ity, li~n or ripM ur+der or by vinw of thi~ mortyaye; and in tlw tvee~t taid MORTGAGORS ~hall iw aey reasw~ fail to keep the sa7d prom~ses w
insured, o? f~il b dsliwr promplly ~ny of said policits o( inwruxe to said MORTGAGEE. or f~il promptly to pay fully any premium therefor or in any
r~sped fail W pNfonn, disthupe, ~xecute, ~ffect, complets, comply wi~h and abide by tfw covenant. a any part I+e~aof, said MORTGAGEE may plsce snd
pay for such irou~ant~ or sny part th~reof withouf waivinp or ~ffatlinp any option, li~n, pvity, or right unde~ x by virtw of this Morty~e, ~nd tht
f~ll amo~nt of sach and ew~y such p+ymsnt shall b~ irm~ediately dw ~nd piyabl~ and sMll bear interest from tM dat~ ~hereof until paid at the rat~ ol
n~r,e pa oentum pw amum and together with such interas~ iF~ali be secvred by the lien of this mortpaya.
To p~rmit, twnrnit w suffer oo waste, imp~'ument or dererioration of said property ot any put thcraof.
3. To pay all and sG+pvlar th~ cosri, cFuryes +nd expenxs, inclvdiny s ressor+able ~ttwney i fee snd wsts of abst~acri of title, incu?red w p+id a~
e~y time by s+id MORTGAGEE, beuusa a i~ the event of the failure on tF~e part of ~he isid MORTG/lGOR to duty, promptly and fully pe.form, d~schar9e. -
execut~, ~ffecl, oanpkt~, comply with and ~b~de by each and every the stipulatwns, agreenKnts, cond~tions, and cov~nann of sa~d promissory no~e and ~hc,
mortgap~ ~rqr or ~iths~, u+d said cosn, ch+~ph snd eapenses, each and every, sl?~II b~ immedutsly due snd payable: whethe~ or not there bf r.Otit! d~
m~nd. ~ttempt to to1kN a wi1 pa~dingt and the full arta~nt of each and every s~th payment thall besr inter~st from the date thereof until psid at the
rate of nine per tentwn per annum; and all said tosts, charges and expensct incurred w paid, together with suth intertat, sMll b~ setuted by the lien of thiu
mwt9a~.
Q Th~t in the evenl of any breach of tha Mortg~ye or default on tM ps~t of the MORTGAGOR, or (b) in 1he event anY of s+id ~wns of mooey
herein referred to M oot promptly and fully paid within thlrty (30) days next after the same uve~ally betome due a~d payable, without demand w notice.
or (c) in tM ~wnt each and eve~y the stipulaYwns, agreeme~n, conditions and coven~nts of ta~d promisso?y note and th~s mortya9e any a either are not
i~ly, promptly and fully pe?formed, d~uharged, executed, effected, completed. compl~ed with and abided ~ay. tl+en in either a sny such weM the said ag -
gregate wm m~ntaned in said promiuwy note then remaininp unpaid, with imerest acuued, and all moneys secured hereby, th~11 become dw and pay-
ebls fwthwitFy w thereaha, at the option of said MORTGAGEE, as fully and completely as if ati of the said surns of money wcre wipin~Ily stipulated
to be paid on tuth day. anythin~ in said promiuory note w in this Mortgage to the cont:ary notwith~undiny: and therwpon w thereafter at the option of
said MORTGAGEE, without notice or dem+nd, suit ~t law ot in equity, therefore ot thereaftct begun, may be prosecuted ~i if all moneys secured hereby
hed matured prior fo its iMtitutan.
7. That in the event that et the beginning of or at a~y time pending a~y suit upon this Morfgsge, or ro foreclose it, a to reform it, o? to cnfwce
payment o( ~ny dairt?s here~nder, said MORTGAGEE shalt apply to the Court hsving jurisd~dion thereof (w the +ppo~ntment of a Receiver, such Court ahsll
forthwith ~ppoint t receiver of sai~ mortpaged p~operty all and singvlar, ioclud~ng all and singular the income, pro(its, issua ~nd revenues from whatever
w~rce derivad, each ~nd every of which, it being expressly understood, is hereby mwtgaged as if apecifically set fath and described in tFa yraering and
habendum tlauses hereof, ~nd tuch Receiwr shall I~ave all the broad snd effective funcnons and povrcn in anywi:e emrusted by a Court tp a Receiver, and
such appointment sMll be made by such Court as an admit?ed equiry and s matter of absolute right to said MORTGAGEE, ~nd without reterence to the
adequscy w in~dequ+sty of the vslw of the p~operty mwtgaged or to the so~vency w insolventy of ssid~ MORTGAGOR w the defendants, and that such
renf~, profits, kxome, issues ~nd revenues shsll be apptied by such Receiver according to the lien or equity of said MORTGAGEE and the practiu of such ~
Coun. ' J
8. To duly, pranptly ~~d fully perfwm, disth~rge, execute, effect, complete, comply with and abide by esch aod every the stiputations, agreemenU,
conditwns and cove+wMS in s~id prombsory note and this mwtgage set forth.
9. Th~t in the event the ownership of the mortgsyed premisea, a any part thereof, become~ vested ie a perwn othcr thsn the A10RTGAGOR, the
MORTGAGEE, its successors and essigns, may, without notice to the MORTGAOR, deat with such success~r a wccessor in imerest with refertnce to this
mort9s9e and tha debl haeby secured in ths same manner as with Mwtgagw without i~ any way vitiatiny a d~uharg~ng the Mwt9sgors' liability hert
under o? wpon the debt Ixreby setured_ No s~le of the premises hereby mortgaged and no forbearance on the pan of the MORTGAGEE or its svccessors ;
or a::~gns a~d no extension of the time iw tlx payment of the debt hereby secured given by 1he MORTGAGEE or iri tuccessws ot auigns, shall operate i
to release, dixharye, modify change w affect the orginal liab~tity of the N10RTGAGOR here~n, either in whole or in psrt. !
10. It is spetifically agreed that time is of the esxnce of this contract and that no waiver oE any oblgation F~ereunder or of the oblip+tan st
cvred hereby shsll at any tune thercahtr be held to be a waiver of the terms hereof or of the instrumeM secured herby.
11. In addition to the fo?ego:ng monthly payments of prin~ pal and inferest required by the promtssory nore secured he~eby, mortgagor covenanta
and agrees to pay to mortgsgee with each monthly payrnent an additional sum est~ma~ed by mortgagee to be equal to 1/12 of the annual cost of the follow-
ir,g:
A-All ~esl property taxes lev~ed or assessed against thc above desai5ed real estate.
B-P~emiums on fire and windstorm inwrance as herein requ~red to be carried on tFx improvements situate on the above described premises_
C-Premivms on such mortgage guaranty insurance as mortgagee shall from t~me to time deem fit to carry on the {oan secured hereby.
I Mortgagee shalt from time to time notify mortgagor in writ~ng of the amount due and paysble hereunder and such sum shall thereupon be due and
I Fayabte oo the d~e date of the next monthly payment and each successive month thereafter ur,til mortgagee shall notify mortgagor of a change in such
f amount. S~rch s~ms shall be +pptied by mortgagee toward the payment of reat property taxes, ins~rance prem.ums, and mortgage guar~nty inwr~nce
I p•emiumt.
E I WITNE55 WHEREOF, the ssid MORTGAGOR has hereunto set his hand and sesl the day and yesr first afwesaid.
ned, led and iver in the preience of: 1
an
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SiATE OF FLORIDA ~
couNnr oF St. Lucie
Before me personally appeared Ro y F i gg e r s a~
Idelle Figgers n~: W~r~, to me well known and known to me to t»
the individuab deicribed in and who execvted the foregoing instrumant, and scknowledged before me that they e:ecuted the same fw the purposes
therein expressed. And The said Ia61~.8 FigKers
w:fe of the W~d - Ro~ FiRgera - , opon a sepsrate and privste
e=am~nstion by me taken separate and apart from her said husband,_ acknowledged to and befwe me that she executed said instrument frcely and volvn-
~ar~ly and witF~out ~ny compulsion, constraint, ~pprehension, or f %of w from her said husband.
WITNESS my hand snd offitial seal thi day of Jl~l q_ p, 19 66
~ Nots Public in and fw the SNte of flwida N lsr~e
€ . Comrn~saion • res:
• 'ittitr~ NN. ~
~ Return Ta J~~~~r ~'~Otify PI~1[ SU~! O~ HOtidi it ~.if ~
F1nt Fedewl Savirgs 6 Loan Association , ~
~ ~iR~• ~~:s~~~>~. IM~r Coaaaas+o~ ExPires Sep#- 23. 14 9
~ Of Fort P~erce. • ~ . b~d~d b A~iw. iw ~ GswM~ Co-
- Fo~ P~~«, Florida F!LED ANO RECOROEB ~ Q-; i
~ ST. LUCIE COUNTY. FLA•: ~¢c ' ' ` ;
~ VERIfIED = ' _ ~ ~ ~
RECORO _ • ' t-~ '
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