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To plac~ •nd continuously ksep on tM buitdirgs now or Mr~aft~a siruat~ on said laRd s~+d on ~II pvipnwip ~nd pason~liy oovK~d by thi~ maq~
~g~, with ~II premiums ther~on p~id i~ (ull, fire in~urance in tM ufual standard polity fora{, in • swn approwd by 1M MORTGAGEE. Md windtW~~n
~nwranc~ in tM uswl atandard pol~q fwm, in a sum approved by th~ lNORTGACsEE. in wch canpany a ton+p~r?~a ~s tM MORTGAGEf nwy i
d~reaj and all fire ~nd wind~torm insur~~ polK~es on ~ny of said build~op~, ~ny inNryt thKein w put thNwf. ln tM ~pprpu~ wm ~tanaid o~ #
tn ezcea tMreof, sMll contain tM ~iwl standud mort9agN clavs~ or wth otM~ dw~ u tM Map~N m~y nquir~. m+kinp ~M lost wdN N~d Dd~' ;
ues, eacA ~nd ~vKy, payable ro aaid MORTGACsEf as its interest may ~pp~ar, ~nd ~+ch and tvery iucA po~icy ahsll b~ pranpdY ass:9aed +e~d d~liw?ed W '
•ny held by ssid MORTGAGEE as furtF+e~ sccurity to said mw~gays debt, and, not kss tMn te~ (10) days in advanc~ of 1M ~apiratan of tach policy, 1o dr ~
I~~er to said MORTGAGEE a renewal thereof, tope~ha with a receipt fu the premium oi svcl+ renew~l; and thth shall be no fir~ or winditam insw~nt~
placed on ~ny of said buildirgs. ~ny in~erest there~n or part ~he.eof, unleu in ths fo~m ~nd wi~h tM ~oss pay+bb as s.';::~s+~dj ~nd {n tM ~va?t ~ny swn
of ma?sy beco+n~a payabl~ w~de? ~ucl+ policy w policies said MORTGAGEE shatl haw the optan to r~ceiw and apply tM sam~ on accow+t of tM ird~bted~
ness tecu~ed hatbY or ro pe~mit said MORTGAGORS ro receiw and us~ it a any part thereof fw ~the~ pwposes, without Ihe.eby w~ivinp w~mp~'a-
ing nny pu~ty, lien a right under w by virtue of this mortgaye; and in the ~vent said MORTGAGORS sl?~ll fa u?y rNSOn fail to keap the s~id premis+s so
~naurerl. w fail ro dri~.er ~a.y.~:i !~:ss of i~suranct ro said MORTGAGEE, or f~il promptly to pay fully ~ny premium thsr~fw o~ ~~nlr
respea fai) w pe~(wrq, discharge, eaec~te, eHect, complete, comply wi~h and abide by this covenant, or u+y put l+Kwf, wid MORTGAGEE m+y p~ac+ a~+d
pay fot tuth inturar?te or ~ny put the~eot wi~hout waivin~ or aftaNirg ~ny optiay lier?, equity, a ri~ht undK w by virtw of tl?is Morf~ap~. ~nd tM
full amount of each and evary such payment shall be immediately dw and payable u~d shall bs~r interest from 1M dat~ tMreof until p~id ~I ~at~ ol
n~ne per centum pa an~um and to~e~her with such in~eres~ shal~ be secured by tM lien of t!w mat~ay~.
1. To permit, oommit w svffer no waste. impai~ment a deterioration of said properfy or ~ny puf thereof.
5. io pay alt and singular the cost~. charges and expenses, includir~ a rcasonabk a»wney's fe~ ~nd oostt of aMbact~ of titl~, kKVrc~d o? paid at ~
eny time by said MORiGACaEE, because w in the ewnt of the failure on the part of tM said MOR?GAGOR b duly, panptly and iv~~Y P~a^~. ~ro~
execute, effed, complete, comply with and sb:de by each and every the stipulatiau, spreemenri, tondilions, ~nd aownanlt of said promisfory nof~ ~nd thil
mortgape any or ei~her, and said cosn, charges and expenses, esch and evey, shall b~ immediately due and p~yablet whe~F~ a not tMr~ b~ notic~ d?
mand, attempt to colkct or wit pe~d~rg; +nd the full amount of each and every such payment shsll bes. inlfrHt ftOnl th! ~1~ fhHlOf vntil p~id ~t the
r~Te of nine per centum per annum; and all said costs. charges s~ expenses incwred a paid. /opetM? with svch inttrpf. shall b~ sKVnd by 1M INn of t!~U
ri10tf9~f.
6. That (s) in the event of any be~ch of this 1Nortgaye w defavlt o~ tM part of 1he MORTGAGOR, w(b) in th~ ~wnt u?y of ~aid swm of mon~y
herein re~erred to be not promptly and fulfy paid within thirty (30) days ~ext afte~ the same severally betan~ dw and Paysbk, without dtma~d O~ notip,
or (c) in ths event each and every the stipulations, sgrcements, cond~tions snd covenann of said prorn'~sswy not~ ~nd th~s mat9ap~ +nY w~hha ~r~ ^a
iuty, Promptly and fully performed, dixharged. executed. effected, completed, complied wi~h ~nd ~bided by. th~n in ~ithN a any wch ~wnt tM s~id aP
gregare wm mentioned in ssid Rromissory note then remaining unpaid, with interest acu~red, and sll mo~?tys ~cw~d. FNr~bY. sh~ll b~oom~ dw ~nd pay~
ab~e forthwith, a thereafte?, at the op?~on of said MORiGAGEE, as fully +nd completely u if all of the said sunia of moMy w~n orplnally stipulated
~o be paid on s~ch day, anything in said prom~sswy oore or i~ this Mwtgage to the contr~ry norwitF?standinp; snd tM?wpo~ w thKeah~r ~t tM opYan of
se~d MORTGAGEE, wifhout notice o. demand, suit at iaw or in aquiiy, thcrtfore w thKtahtr b~y~+o, may b~ prowuil~d 1f a~~ moMY~ Ndu~d Mt~by ;
had maturld pno! Io its inStitutiOn. ;
7. Th~t in the event that at the beginnirg of or at any time pending sny wit upon th4 Mort9aye, w fo 1ontloM N, w fo nform If, w to Mforq i
paymcnt of any claims hereunder, said MORTGAGEE shall apply to the Court havirg jurisdiction ther~of fOr tM appO~ntment of ~ R~teivlr, futh COU?1 sh~~l
Forthwith sppoint a reteivet of sais! mortgaged property all uK! singular, inclvdmg alt snd si~gu~~r tM incom~, p?ofi», hsuM ~nd rewt?uN lrpn wh~t~vN ;
tource derivcd, each and every o~ whith, it being expressly undcrstood, is F+ereby mortgaged p if spKifiully Nt forth ~nd d~Krib~d In Nfi qr~ntinp and .
F.abendum clauses hereof, and-wsh Receiver shall have sll the broad and effective fundfons aed powtrs in ~nywise ~ntrwt~d by ~ Court tp a Reaiwr, ~nd
such appointment shall be made by suth Court as an sdmitted eq~ity and a malte? of absolute ri~ht ro s~id AhORTGAGEE, and withouf r~f~rNK~ lo tIN
edequaq o? inadequacy of the value of the property matg~gcd or to the wtventy w insolvency of said MORTGAGOR O? tM d~f~ndann, and thaf sueh
renfs, profits, intome, iuues and revenues shall be applied by such Receiver accordinp to tFw lien ot pvify of ~aid MORTGAGEE and 1M pr~ttiC~ of suth
Courf.
8. To duly, promptly and fully perfam, dixharge, execute, effetl, complet~, comply with and abid~ by sach and twry th~ ~tipulaPwns, prNrt»nb,
cor.ditions and covena~ts in said promiuory note and this mwtgage set forth. "
9. That in the evenf the owncrship of the mwtgaged premises, w any part fhereof, beoomes vest~d in a p~rson otM? fhan 1M MORTGAGOR, th~
h".ORTGAGEE, its "successors and sssigns, may, witFwut notice to the MORTGAOR, deal with sw_h sucusaor p M+oc~ssor in int~r~~t with r~ferMU fo this
mortgage and the debt herebY secured in the same manner as with Mortgagw without in any w~y viti~titg p d~stMr9irp the Mwtyapors' U~bility Mrt
under or upon the debt hereby secured. No sale of the premises hereby mortgsged end no fwbearanee on tM p~A of tM MORTGAGEE O? ft~ sutteswq
or ass~g~s and no extension of the time for the payment of the debt hereby secured yiver. by the MORTGAGEf or iri wccetsot~ or utipM, ~hall op~rd~
ro release, distharge, modify change o~ affen tF~e original liability of the AM1URTGAGOR herein, either in wFwl~ ot in puf.
10. It is spec~ficaily ag?eed that iune is of the essence of fh~s comract ~nd that no w~iver of ~ny oblt~.t~on herwnd~r or of tM obliQstion w-
c~red hereby shall at any tir?K thereafter be held to be a waiver of the terms hereof w of the inttrum~nt secur~d Mrby.
11_ In add~tio~ to the forego:ng monthly paym~nts of princ"pal and interest req~ired by the promiswty note secu~ed hereby, mort9~gor eov~nanf~
j~~d agrees to pay to mortgagee with each mo~ithly paymem an addirional sum estimated by mortgsgee to b~ tqwt f0 1/12 of ths annwl tost of tIN follow-
ing:
A-All real property taxes levied w assessed against th~ above described real estate. ~
B-Premiums on fire and windstorm insvrance as herei~ requ~red to be carried on t;~e improvements tituat~ On tM ~bov~ dtwibld prlmiNS. ~
C-Premiums on svch mortgage guaranty insurance as mortgagee shall from t~me to time deem fit to carry on ihe bsn setur~d her~by. t
~ Mortgagee shall from time to time noti(y mortgagor in writing of tF~e amount due and payaWe Mreunder and ~uth sum s1uU thsrwpon b~ dw ~nd i
~syabte on the due date of the next monthly payment and each successive month thereafter vntil mortyagee ahall notify morfgagor of a charlp~ In auch +
f z~•ount. Such sums shall be applied by mo~tgagee toward the payment of real property tsxet, inwnnce prem:wns, and morty+pe ~w?~My inWrancl
p-emwm3.
~ ~ WITNESS WHEREOF, the wid MORTGAGOR has hereunto xt his hand and iesl tM day ~nd y~ar finf ~fores~id.
ned, 1 and deliv ed in p?ese~ce of: ~ I
CN n i
n
,t...~
STATE OF FLORIDA ~
couNn oF St. Lucie
eefore me personslly sppeared W e 1 te r J. W A 6~C9 ~nd ~
_ BarbEra J_ Weeks his wire, ro n+e weu tu,orvn .na known to e+e ro b.
rhe ind~vidwis described in and who executed the fwegoing instrument, ~nd ackrawkdged before rnt tMt tF~ey ~xewted the ssme for tM p~+rposes
therein expressed. And ths seid Barbare J. wee~LB
N[ Fe of the said W e 1 t e r J. w e e~f 8 ' upon a sep~wte ~nd privat~
e}aminstion by me taken Kparate and apart from her said husba~d, ackrawledged to and before me that she executed s~id instrument fre~ly ~nd volun-
~a~~iy and witlwut any compulsion, constraint, apprehension, or eu of or from her said hus nd.
WITNESS my hand and official seal thi - dsy of ember p, ~q~
~
3 -
' " Nw~ry Public in ~nd for the Siate of Florida ~t larp~
~ , ;`,~,i~ti~ttttN•~,~. MY Comrnission ~xpires:
- Retum To: ' ~ . 1 ~j~~
first Fede~a) Savings ~ loan Association ~Cr J'' ~0~ PI~(, Sbk et Horida ~t Large
Of Forf Pierce. ti v~
Fwt P~erce. Florida ` ~ v ' ` ~ Mr EO/M1~"01 ~ 23. 1969 #
C: rJ ~ ' ~°'A'a ~r A~w:w. iw a Gs~~lh G.
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D RE~p~EO
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~~~N~EF~A.
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4OO : CIERK C RCUjTRtig
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