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To ptau and con~inuou~ly k~ep a? ~M buitd~n9s now o~ MlNfilf fitV~t~ Ofl tlid I~ i~ 011 aII ~QtIfPIMIM Nld ~fWf1~Uy OOVNMI IfY fA~1 11fOfq'
ege. with all pe+niwr~s tM~eon pa~d in full, fire insurance in tht uiual ftandard policy form, in a~um ~pprowd by fIN MORTG/1GEE. and wind~tonn
~nsuru~c~ In tM ~nwl itu?da~d pol~cy fam, in • svm approved by tM MORTGAGEE.' in wch comPanY or oomP~niy as t!~ MORTGAGEE n~+y
d~reas u~d ~II fu~ and w~nd~rorm inwr~nc~ pol~c~es on +ny of lild bNlldifl~s. My Iflftfpf I~NtlIIM W pMi ~Mf~Of, ie Ilw ~pp~p~t~ awn ~fonsa~d a
!n excws ~hereof, shall cont~in Ihe us~al ~~andud mortgages clavs~ a ~uch othN tlw~ as tM Mortpa~ maY requin, m+?i~p tM loa~ u~ ~s~d po~F
c~es, each ~nd tvery, Q+ysbk b said MORTGAGEE as its ~nterest may appea?, and tach and ~wry suth polity ~hall b~ prompt~Y ~~9^~ ~
sny Mld by sad MORTGAGEE as tur~her iecurity ~o said ma~~age debt. and, oa ks~ tMn an l10) dsys tn advu~a of tM ~upir•tion of ~ach po~icy. ro dr
I~ver to iaid lYIORTGAGEE a ~~newal tFxreof, toge~Mr with a receipt fw the pnmium of wth rsn~walj and thtn shall be no fin w wirwlitorm inw~uK~
placed on ~ny of said buildingi. any intere~t therein or p~rt thercof, unless ~n tM form ~nd wi~h tM loss payable as ator~saidr Md In tM ~v~nt ~ny wn+
of mon~y becpnes p~yabl~ ~nder such poticy a polKas said MORTGAGEE sMll Mw tM optton to r~ive and ~pply tM s~ on accow~t of 1M Ind~bted~
ne~a setu~ed htreby a 1o permit said MORTGAGORS ~o ~eteive snd us~ h o~ a~y part thereof fw othet putpoiea, withouf the~eb~ waivinp w in?pi'a-
ir.g any pviry, tien or right unde~ or by virtue of this morsys~e: and in ~hs ~vem wid MORTWIGORS sh+~l fa a+y nason fail ro ka~p tM wid ix~m~s~s sc
insured, w iail ro deliver promptly ~ny of said policies of insurance to said MORTGAGEE, a r~~i ao~~h to P+y ~,uy ~ny pra+uvm tlK~efw a in an~ ~
respect fail to per(wen, discharge, execute, effect, comptets, comply with and ~bid~ by this eownant, or sny puf hKwf, t+id MORTGAGEE m~y pl~te u~d
pay fw cuch insurancs or u+y part thereof w~~hout waivinp or ~ifectinp any oaYion, (i~n, equity, or ~ipht und~r w by viAw of this Mort~p~. and the •
f~11 amovrt of each and tvery wch payment shall be imrnedHtely dw +nd payabl~ and shall bear intKest from th~ dat~ tMrwf ~ntil o+~id at th~ rab ol
n~ne per centum per annum and to~ether w~th such interese sha~l be secvred by tM li~e? of this mortqp~.
1. To ptrmit, commit or suffer no waste, impairmeM or deterioration of said propaty or ~ny put thsr~of.
S. To pay all a~d singulu the costs, chuges and expenses, i~cludinp s ressonable ~ttwney i fN and oo~tt of ~bshacM of titl~. t~cvn~d w p+id a1
~ny fime by said MORiGAGEE, because w in the event of ths f~ilu~e on the p+rt of th~ s~~d MORTGAGOR b duly, promptly +nd fu~~1? P~or~n. d'K~++~
execute, effect, complete, tomply w~th and ab:de by each and every the itipul+tions, agreements, tonditia», ~~d oownanb of said promissory not~ and thi~
moregage any or e~~her. and sa~d costs, charges and expenses, each and every. shall be immediately due and p~yabl~: whetMr or ~ot there b~ notiq d?
mand, ~nempt to collect or suit pending; snd the full amount of each and every such payment ihall be~r int~rKt from th~ d~t~ tM~wf until p~id ~f 1M +
rare of nine per centum per annum; and all said costs, charges and expenses in~vrred w paid, Iogelher with suth MtK~tt. ~haU M sKUnd by 1M li~n of tlw i
~ ;,ctgafla. ~
6. Th~t (a) in the event of any breach of this Mortgage w default on tM p+rt of the MORTGAGOR, or (b) tn th~ ~wM any of s+id svrtu of n~oMy !
hsrein referred ro be no~ prompfly and fully paid within thirty (30) days next after the same severally betan~ dw ~od parabl~, wi~hout d~m~nd o? not~u,
or (c) in the evem cach and every Ihe sripulations, agreements, conditions snd coven~nri of sa~d promissory nob ad thit mort~ap~ N~y" or NthN u~ no1
iuly, promptly and fully pe.formed, d~xharged, executed, effected, comple!ed, canpl~ed with ~nd ab'~ded dy, tMn in ~itMr a a~ such ~wnt tM s~id a¢
gregate wm mentioned in said promisswy note then remain~ng unpaid, with iNerest ~cuued. and al! montys sKw~d. hu~by. shall b~own~ dw ~nd p~p
ab;e forthwith, o~ th~veaiter, at the option of said MORTGAGEE, as fully and completely ai if all of the said twna of momy vwt~ otipirnlly qipultl~d i
to be paid on such day, anything in sa:d prom~sswy note w in this Morigage ro ths contrsry non~vi~hstsnd~npj and ~hK~opon or Me.~ah.r at tM opran of
sa~d MORTGAGEE, without notKe o? demand, svit at taw or in equity, tlKrefore or tMreafi~r bpw~, ~nsy be proNtut~d a if all rtat~eyt s~wnd Mnby ~
had matvred prior to itt institution. C
7. TFwt in the event that ~t the beginning of or at any time pencing sny suit ~po~ this Ailwty~p~, or to iotidoN h, o~ to nfonn h, O~ to ~nforq
payment of any daims he?eunder, said MORTGAGEE shall apply to the Courl having ;vrisd~ction therwf for tM ~ppointment of ~ R~ctivN. ~vth Cour1 aMl) t
forthwith appoint a rettiver of sai~ mwtgaged property all and singula?, includ~ng all and sirgulu ih~ intan~, p~ofit~, bsWS and revMw~ frpn wMt~vK ~
source derived, each and every of which, it be~ng expressty understood, is hereby matgsged ~~^acific~lly wf forth ~nd d~wib~d in thi qru?tkp and 4
habendum clavses hereof, and s~ch Receiver shaN have all the broad ~nd eftective functions and powert in ~nywik erMnnMd by ~ Courf fp • R~uiva, ~nd
s~ch appointment shall be made oy such Court as an admi~ted equiry and ~ rr~stter of ~bsolute ripAt to Nid MORTGAGEE, and without nfet~rKa fo fM
adequaq a inadeqvacy of the value of the p~opmty mortgsged or to the solvency or insotvency of uid MORTGAGOR w the d~f~ndsnts, and thaf ~uch
re~rs, profiri, incorne, issves and revenuea shal~ be applied by such Receiver xcordinp to tM lien or puiy of wid MORTGAGEE ~d th~ praetit~ of ~~ch
~ourt.
8. To duly, promptly snd fully perfwm, dixharge, execute, effect, compkte, comply with and sbid~ by each ~nd ~very fh~ stipulatlon~, ~prNenN+t~,
conditions and covenants in sa~d promiuory note and thn mortgags set forth. '
9. That in the event the ownership of the mongaged premiaes, or any part thefeof, becomes vest~d in a ptrwn othK tMn tM MORTGAGOR, tl» ~
MORTGAGEE, its successors and auigns, may, without norice to the MORTGAOR, deal wifh such sucussa or ~+cussor in inferest with r~f~nnu fo thb
rnor~gage and the debt hereby secured in the same manner as with Mwtgsga without in aey way vitiatinp o? d'ncl?u9irg iM Mortpayora' li~bflity htn~
:;nder w vpon the debt hereby secured. No sale of the premix~ hereby mortgaged and no fabearano~ on the part of tht MORTGAGEE a I» s~ot~~wrs
or ass~gns and no eatension of rhe time fw the payment of the dcbt hereby secu~ed pivsn by the MORTGAGEE or its succeuors w as~ipM, ~hall opuat~
ro releese, dixhargr, rtwdify charge or affett the original liability of the MORTGAGOR herein, tither in whob or in p~rt.
10. It is specifically agreed that tirx is of the essence of this contract and 1Mt no walwr of a+y oblipaYan huwoder or of th~ oblipation N-
cured hereby shill at any time thereafter be held to be a waiver of the terms her~of or of ths inst~urn~nt tetynd fNtby.
11 _ In add~tion to the fwego'ng monthly paym~nts of prinCpal aod interest ~equired by the promistory note secured hereby, mortpyor pownanls ~
and agrees to pay to mortgagee with each monthly payr~,ent an addi~ional sum estimated by mortgagee fo be eqwl t0 1~12 of fhs annwl eosf of t1M follow-
'"9~ ~
A-All real property taxes levied or assessed against the above deuribed real estate. ~
8-Premiums on iire and windstorm insurar.ce as herein ?equ~red to be carried on 1he improveme~b sifvat~ on the above deuribsd prMniNS. 3
C-Premiums on such mortgage guaranty insurar:ce as mortgagee shall from ttme to time dcem fit to prry on NM loan setured Mreby.
Mwtgagee shatl from time to time notify mortgagor in writing of the amwnt due and payable hereunder ~nd suth sum shall thlrwpOn b~ dtN ~~d
F ayabie on the due oate of fhe next monthly payment and each successive month thereafter until mwtysgea thal) nofify mortgagor of ~ ehsnp~ in wch
~ a~,ounr. Soch sums sF.all be applied by mortgagee toward fhe payme~t of real property taxes, insunnte pem:wns, ~nd morfp+9e ~wr~nty iesunnc~
p~emiums. `
IN WITNESS WHEREOF, the said MORTGAGOR has hereunto ut his hand snd seal fhe day and ye int sfor !
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gned, S~al snd d' red in the presence of: '
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STATE OF FIORIDA t
couvn oF St. LuCie i~
Before me personally appeared CAdV L~ 8~77 Av ~nd '
F~is wife, to me wel) known and known to me to bs
~he individuab destribed i~ and who exetuted t for ~ instrumenT/. and 1~ ~e that execWed ths sam~ for fM
Ihe~ein eXpressed. Aod the said yar~lyA A• ~"-19y t~ P~P~s
~,;fe of the said ~+Qd~ I+. B8~1e0 ' upon • ~eparate and privat~ '
=,a~n~natioa by me taken sepante and apart irom her ssid husband, adcnowledged ro and befwe m~ thst sht e:ecvted said instrument freely and volu~-
rar~ly and withovt any compulsion, cons~raint, appreFronsion,i6r feu of or from her ssid husl,and.
WITNESS my hand and official seal this .1~~~~' day of A. D. 19.11b_
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~ Notsry P~ n xd fw the Sut~ of F{orida at larp~
~ My ' ion expira:
Return To:
F~rst Fedenl Savings b loao Auoc~at~on M
arY Pub~c, haN ~~lohde a{ I~BB . ~
Of For~ Pferce. r•.~:z:'.;~:f~ff; , o~n~Comm;scion Expins Aug. 6, 1967 ~
Fort Pierce, florida ~ ~~~~~?r~-. t~~~' d Bv Ameri~rt Suretir Co. of N. Y.
~ ~ ~ ' FI~~p AND RECOROED ~
~~.Q,~~F;c~ ~ ST, l-UC1E COUNTY. FI.A.
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'f~; s~r~t~ ` ~ 1485
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itO;~LR P017R~S
( BOOK155 91 CIERK CIRCUIT COURT
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