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To plan and contlnuovsly kHp on tM build~np~ now or Mr•ahK siwat~ on iaid land ~nd on ~11 puiprn~ and pasonally oowr~d by Mis narp~
age, with all pr~mi~mi ther~w? paid in full, fir~ ini~r~nce in ~M uswl s~andud poliry fwm, in •~un+ ~pprowd by tM MORTGACiEE. and wir~tonn
~~su?anc~ in tM usual iandud pol~cy fwm, in + wm approved by tM MORTGAGEQ le tuch comp+ny o~ ta+np+ni~s a th~ MORTW?GEE may
di~Kfp ~ all fir~ ~nd- windsa.m insu~ann polKcei on any of ~id buitd'eps, a~y Int~t tM~ein a pkt ti~wf. in tM p~p~~~ wm ~tor~aid a
in sxceu 1Mreof, ~MII contain th~ ususl itandard n+or~gagN clavs~ o~ t~tl~ otlwr elws~ ~s tl~ MatppN maY rpuin. en+kirg tM Iw~ w~dN ~aid pol}
ue~, each and ev~ry, payabb ro iaid MORTGAGEE as its interesl may ~ppw, uid each and tvky s~cA policy ah~ll b~ pranptly ass:pned and d~livK~d W
any Mld br said MORTGAGEE ss tu„her secv~ity to sa~d mor~~s~~ dcb~, ~nd. ~wt I~ss th~o te~ (t0) days in idvanc~ of tht txpkarion ot each policy. fo d?
Gver to said MORTGAGfE ~ renewal thereof, topetM~ wi~h ~ receipt fa the premium of wch nrnw~li ~nd ttw~ sMll b~ no fin w windstwm tnsw~nc~
placed on s~y of said buildings, any interest thae~n or pu~ tFxreof, unleu in ttw fwm u~d with tM losi pay~bl~ aa ~fo~~said u+d in th~ ~wnt ~ny wn~
ot money becpnq payable undK wch policy a pol~ciss s+id MORTGAGEE iF~all Aaw tM option ?o receive and applr tM sam~ on +ccount of tM tnd~bted~
ness s~cured h~reb or b mil ~aid MpRTGAGORS to reteivs ud ~t~ N p an 1 tMreof tw other ~ waivinp o~ impak- ~
Y P~ Y P~ pwpos~s, without thH~b ;
~ng any eqvity, lia~ or riqhl u~der or by vinw of Ihis morsgayet and in IM ~vent t~id INIORTGAGORS tMll for ae~y rNion faFl M keep tM s~id pnmisM so
~nsurcd, w(ait to delivm promptly any of uid policies of inw~ante to s+id MORTGAGEE. a f~il promptly to pay fvlly u?y prtmivm thK~fw or ln ~ny .
respea fail to perfwny diuharge, sxstvte, effacf, comptete, comply wirh u?d abid~ by this toven~nt, w any put M+wf, s+id IMORTGAGEE m~y pl+c~ and :
pay fw such irou~ance or any part thereot without waiving or affectirg any oplioq, 1iM, puity, w r'~M undK or by virtw of this Mo?t~+q~. and tM
futl amount af each and every s~ch payment shall bs immediately du~ ~od pay~bl~ and shsll b~~~ interKt from th~ dat~ thKeof w+til paid ~t tM ~~b ot
r,lr.e pct tentum pet annum and together wilh t~th intereit shal: be sacvted bY tF» IiM o1 fhia mortqsp~.
4. To pKmit, canmit or wffer no wasts, imp~irment a deterior~tio~ of a~~'prop~srry a any p~f,lhaeof. {
5. To pay atl and sing~lu the coab, clu~ges and sxpsnaei, Includi+g ~ rea~oeable ~ttore~ey's fs~ and oosts of ~bstracri of titl~, incvn~d w p~k! ~t I
a~y ~ime by said MpRTGAGfE, because w in the eve~t of the f~il~re on 1M p+A of tM s~id AAORTGAGOR b duly, prompty ~nd fiitly pKform. dacMrpR ~
execufe, ei(ect, compkte. complY with and +b:de by each ~nd every the itipulanor?s. .y~eemenn, cond+'~io% and oov+n.nn of ~aid promissory nof~ •nd ~hu
morrgaye any p Qi~ha, ~nd said cosn, charges and expanses, e~ch and every, tlWII b~ imrtwdi~tely dw and p+y~bl~r wMthtr o~ not tMr~ b~ aotic~ dr
rr,and, attempt ro collect or suit pend~ng; and the tull smount of e~ch and evay wch psyment shslt beu int~ntt (ran tM dat~ tMreof until p~W N th~
~are of nine per centvm per amwm; end al! taid co~q, cMrges and expenses incvrred or p~fd, top~ther with t~xh MtKp1. sh~ll b~ Na+r~d by th~ li~n Of thb
mortgaqO.
6. TFwt (a) io the event of any brcach o( this Matgs~e w def~ult on tM paA of the MORTGAGOR, w(b) in th~ ~wnt ~ny of s~~d wm~ of monty
herein referred to be nof promptly and (ully paid wirhin thirty (30) days nea~ after ~hs s~me teverslly btcom~ dw u~d p~y~blt, without d~m~nd a notic~,
or {c) in the event each a~d every the stipulations, agreemenn, condiYans and town~nn of said promissory not~ and this morfpp~ ~r?y a NthN ~r~ nd 1
iuly, promptly snd fully performed, diuharged, execvted, eifected, completed, complied witA ~nd abided by, tlrn 1n ~ithM or any wd~ ~wM tM s~id ~
gregate wm mentio~?ed in ssid promiuoty note then remaining unpaid. with interest ~cu~re~d. and all mp+tys f~tund, htr~by. aMll btCOm~ dw ~nd pay~
able fwthwith, u thereaher, st Ihe option of said MORTGAGEE, u fully and completely as it all of tht s~id sun~ of ma+ry vwn wpiM1ly ltipvlatld
io be pa~d on such day. anyrhing ~n satd prom~uory no~e o. in this Mo.rgsqe to fhe co+?rraryr notwithsqodinp: ~nd thKwpon or tMr~ahK a~ tM op~ion of
ia;d MORTGAGEE, without ~otice w demar~d, suit at t~w or io equity, therefwe or tMreaher bpvn, mar b~ prowcvt~d a If all maNys aturd l~nby
t
had matured prwr lo its institution. ~
7. That in the event that at the beyinnirg of or at aay time pendiny any suit upon thif Mo?tp~pe, a M~Ohtlw~ h, ot tO nfonn h, w fo tnfore~
payment of any clsims he~eunder, said MORTGAGEE shall ~pply to the Coun hsving jurisdKtion therwf fa tM ~ppointm~t of ~ R~c~iwr, wd~ Cw+~1 sMll
Forrhwith appoint a receiver of sa~ mortgaged prope?ty ~II and singular, inctudu?g atl and sirqvlsr tl+~ incon~ profin. isaw~ ~nd »wnw~ from wMt~v~t
source derived, each ~nd every o whKh, it being ~xpressly understood, is hereby mortgaged as if sp~tifiully s~f forth ~nd dNtribd In thi ~r~ntinp and
habendum clavses hereof, and such Receiver shall hsve a0 the bro~d and effective functtons a~d powen in ~nywiq ~ntrust~d by • Gaurt tp ~ R~piv~r, u?d
:~ch appoiromcro shatl b~ made by svch Covrt as an admirred eqvity and a mafte~ of absolute r'ght to s~id AhORTGAGEE, and without nfennC~ to th~
edequacy w in~deqvacy oi the vslue of the prope.ty matpsged w to the ionrency or insolvency of said MORTGAGOR or tM d~f~ndaMS, snd tMt wd~ '
7
re~fs, profin, income, iuues and revenues shall be applied by such Receiver ~ccordinp ro rht lien or puit~r of wid MORTGAGEE and tM pwctia of wth
Court.
8. To duly, promptly and fully perform, discharge, execute, effect, complete, comply with and abide by ~~ch and ~wry tM sttpulationt, apn~min»,
conditions and covenaMS in sa~d promissory oote and thi~ mort9age xt fath. ' .
9. That in the event the ownership of the mortgaged premises. or aey pstt the~eof, betomy w»~d in a p~rsoe oN~er Nwn th~ MORTGAGOR, th~
MORTGAGEE, in successors and auigns, may, wifhout notice to the MORTGAOR, deal wi~h such wtutsor w Nioasfor ie int~r~sT with ~~f~t~nt~ ro thb
Tortgage snd ttx deb~ hereby securcd in the same manner as with Nbrtgsgw withovt in ~ey way viti~tinp or diachar9inp tht JNort~apo~~' 11~biliry Mrr
under or upon the dcbt hereby secured. No sale of the premixs hereby mo~t9aged and no (orbe~nnot on th~ pan of tM IIAORTGAGEE or Ns ~uo~eqas
or ass~gns and no extension of ~he time fa the payment of the debt hereby sccured yiven by the MORT~'iAGEE w ih wcceasots or assipna. ~li op~raf~
to release, disch~~ge, modify change or affect the original liabiliry of the MORTGAGOR herein, either in whol~ w In part.
10. It is spec~iicatty agreed thet time h of the esscnce of this conrract ~nd thal no w~iver of any oblipaYwn Mrwnder or of 1M oblip~tiOn a-
cured hereby shall at any time thereafter be held ro be a waiver of the terms hereof w of the instrurrNnt ~ecwN! hKby.
11. In additio~ to ?he forego:ng monthly payments oF princ'pal and interest required by the promiuory npte securd hereby, mortpyor ~ov~MOb
and agrees to pay to mongagee with each monrhly payment an add~riona! aum esr;mated by mwtgsyee ro b~ eqwl to 1/12 of the ~nnwl cwt of th~ follow-
r~.
A-All real property taxes kvied w assessed agai~st the abovt described re~l estate.
B-P:emiums on fire and windstorm insurance as 6erein requ~red to be urried on tF~e improv~msnri tituat~ On th! ~bove dsfttibtd prlmita.
C-Premiums on such mortgage guaranty insurarce as mortgaqee shall from t;me to time dtym fit fo carry on fhe IOan retut~d her~by.
Mortgagee shall from tEme to t~me norify mortgagor ~n writ~ng of the amount due and pay~bk hereu~der and suth sum sMll therwpon b~ dw ind
F~yabte on the due date of the nezt moothly payment and each successive mo~th thereafter uroil mortps9e~ shall notify mortgago~ of a thanp~ (n such
a~~,ount. $uch sums ahall be apptied by mortgagee towa~d the paymenf of re~l property taxq, insunnt~ prem:ums, ~r~d mortype ~wt~nty inwr~nt~
p•emiums.
IN WITNESS WHEREOF, the said lNORTGAGOR has hereunto set his hand and ual the day aed ye~r first afonaid.
~Sign d, Sealed and d er p the presence of:
~i ~ [ ~
- ~•c~- ~ ~ n
K--n
' S7ATE OP ftORIDA #
i ~ 35.
; couNn oF _ St_ LuciP
` s~ro?~ ~~~uy ~~azea Erne q t? A c PF .~,a
' ~'lere*~ae LP~e'4' W;r~ ~ ~ W~n k~o~,.~a ~ ~ a b.
~ t ha in dir i dw ls d e
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ribed in and who e:ecuted the foregang instrumant, and ~tknowledyed befae m~ tMt thsy exetuted t1~e aama for the ptxposes
{ rherein expresxd. And the sa~d ~02'"*'1CE' T~sl!`64
i
r~; fe of the said ~'rn e s t L a e P 7 ~ ~ a sep~r~te ~nd priv~t~
eYam~~ation by me tatcen separate and apart irom her said~nd, ~dcnowledged to. and befo~e mt th~t she e~cecuted ssid irqtrument ireely and volun-
rar~Iy and witl~out ~ny compulsion, constraint, apprei~ension, feu of w from her said husband,
WITNESS my hand and official seal this a~ ~y o{ SAr.~Phj~'1Pr A. D. ,966
~ ~ ~ _
• Notary Public in and for the State of fforida ~t I.~ry~
_ . My eommi.,ion •avu~% . . . ~i~te ~f florida at targe
R~~~.n To: tpRUr.ission Expires Nor. 3, 1969
Fint federal Savi~gs a losn Associatron bWN y M~nnw F~~ a CawaMp Co~
Of Fort P~erce. ~'L~~ AND RECORDED
fort Pierce, Flo~ida ST. ~UCIE COUNTY~ . -
RECORO VERIFIEO , ,
--~k~'~~G'Z~!'~`.GGI ' _
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ZO PN 3' " ~1~`~
'66 ~ SEP • : ' ~ ; ~ -
• ~ ( ~ \ i ~ ~ •y
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CLERK CIRCUl7 COUR7 '
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