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To plau ~nd oontinuoualy ke~p on ~M buiid~~gs now w he~e~fia si+w~~ on iaid land a~e! on a~l equiprn«M ~nd pKSO~ally covN~d by lhis mor~p-
~p~, wirh ~11 pr~miwm ~h~r~on pa;d in full, tiro iiuu,u?c~ in ~M _usual ~t~ndard polity fprm, in • swn app~owd by th~ MORTGAGEE. ~nd wir+dalam 3
h~w~nn in tM v~wl itandard pol~cy fwm, in • ium ~ppro~ed by tM MORTGAGEE, in svch co~npany or tompani~s a tM MORiGAGEE may
di~ctt ~nd NI fih and wF~rorm iiuwanc~ policces on ~ny of said bu+7dirpt. ~ny 1~teryt therain w p~rt tMr~of, in tl~ pgre9~q ~wn ~foraaid or ~
M ucaa tlwr~of, ~hall cont~in tM uswl uandad mor~gage~ cl~us~ w suth olher cl~vs~ a IM 1ilor~g~gae may rpu'u~, makinp Nw bu vnda sa~d po14 •
ci~s. tach u+d ~wry. paYabl~ ro aid MORTGAGEE +s ~ts intere~~ may ~ppear, and each snd every i~cA poticy thalt b~ promptly au:~ned a~d d~liva~d tp
. any Mld by saW MORiGAGEE q fun!»r ~ecwity to said morty~y~ dtbt, ~nd, nw Itss IMn len (10) dayt in advant~ of tM expir~tion of ~ach policy, lo dr
liwr 1o wid IyWRTGAGEE • rMewal thKwf, 1o~et1?N wi~h a receipt fw the pr~miwn oi s~ch ~~new~l; ~nd tM?~ shall bM no firt w windsfwm insur~nc~
pl~pd on ~ny ot s~id buildinp~, sny intcr~st ther~in w p~rt t}~e~eof, unles~ in ~M fam and with /M lou payabl~ ~s ~iwes~id; and in tF?~ ~v~nt any wn?
~f eno~+~Y b~comK p+y+bl~ w+der wch policy o~ politiK s~id MORTGAGEE shall have tM opt~on to receiw and ~pply tl+e sarn~ on accounl of tM ind~bted~
e
n~ss Ncur~d M?tby a w permif uid MpRTGAGORS to receiw ~nd us~ it or ~ny pa.t lhereof fw othcr pu.poses, without thereb~ waiving q ~mpiir-
inp anY ~Writ~', lin? a riph~ unde~ p by virtv~ of this mortp~pes and in the ~vcnt ~aid MORTGAGORS ih+ll fa u+y reason iail to keep tM ~aid premises w !
insur~d„ a f~il b d~livs~ p~omplly u?y of wid policies of insuru+ce ~o said MORTGAGEE, a fail promptly to pay futly a~y premium tl+~refw o~ ln any
nsp~cY fsil b pKfore„, dischuye. ~~cecutt ~ffM, canpl~+e, comply w;?h ~nd ab'+de by rhis covenant, w any put herwf, ssid MORTGAGEE may pl~ce ~nd
WY fa? wd~ irourae~cs u any part thKeof without waivinp o~ affectinp any opran, liM, equiry, a~iyh~ vnd~r w by virtw of this M«r~, ~nd the
full aaio~nt of wch and ~wry such p~yrrwnt ~tl be imrned'utely dw and payabl~ and shall bea~ interes~ from th~ dat~ theieof vntil paid at th~ rau of
nin~ p~r c~ntwn pw ~rwwm and tops~her with iuth interpt sl~ll be secvred by tM li~n of this mat9spe.
1. To pamit, oomroit a wHM no w+st~. Gnp~irment a deterio?~tion of s~id propaty w any pan tMreof.
3. to pay aU and sirqvl~r th~ cosy, charp~y ~nd expenses, includinp s re~sonable attwney i fee u~d wits of abstracts of tiHe, incvrred or paid ~t
•ny tim~ by sa~d ly1pRTGI1GEE, Muvse w in ~he .venf of rhe fa~lure on rhe pa.t of ths said MORIGAGOR ro duly, prompNy •nd fv11y perfo.m, d~scha.9R
~x~tvt~. ~ffet~. oompl~t~. ~omply with and ab~de by each ~nd every the st~pula~ions, ~greemenn, cond~~ans, a~d covenants oi sa7d promissory not~ and ~hi~
m0~t~ap~ +nY w~i~hw. and ~id cwb. cMrge~ +aJ expensea, each snd eve?y, aMll be immed~atety due and payabte: whather or not thert b~ ~atitt dt
+nand, att~mpt fo toll~c? pr s~H p~ndings snd tM full amouol oF csch and every such payment shall bear interesl from the date thereof ~Mil p~id af the }
r~t~ per centum per ~n~wm; a+K! all s+~d cous, charget and expenses incu~red w paid, together with suth iott~tp, sh~ll b~ secured by tM Iwn of thq ~
b. ~h+t in the even? of any b?each of this Mortgs~ or default on ths paA of the MORTGAGOR, a(b) in tM ~vent any of s+~d wm~ of ~wn~y
I+kNn r~fNr~d ro b~ not promptly ~nd fully paid wi~h;n thirty (3p) days nex~ aher ~he same severatly becane due ~nd payable, witlwut demand a eatic~,
or (d tn tM twnt ~~ch ~nd every fhe sfipulatans, aqreerncnts, cond~tions end mvenann of sa,d prom;ssory note and ~h~s mo?tg~y~ any or eitl+er an no1
~+ly. txanptlY u~d fvlly p~rformed, d~xharped. executed. effected. completed. compl~ed with ~nd sb~ded by, tMn in ei~her w any tuch event tM said ap~
prp~t~ wm m~ntiwMd in said promissory note then remaininp unpa~d. with interest xuued, ar+d all moneys ut~rtd. herebY. thall becwn~ dw snd pay~
~bJe forthwitl~. p? ~INlNftN~ ~i ~h~ op~;cn of sa;d MORTGAGEE, as tully and comple~ely as if all of ~he iaid wms of money were apinally s~ipul~~ed
M b~ paid on tuch d+iy. anylAinp in said promiuory note w in this A~rtgage to the contrsry norwi~hs~andinp: ~„d tht~e.rpon or thereafter at the option of i
s~id MORTGAGEE, withouf iwtip or dert~and, suit at law or in equity. ther~(we or thereafra begun, en~r b~ prosecuted ~s if sll moneys s~tvred Mreby ~
~?~id en~hrc~d pno? ro in iMtifufion.
ThN in fh~ event iMt ~t th~ be9innirg of of ~t any time per?ding ~ny suit upon this Mwtgsge, or to foreclos~ it, w fo reform it, a fo enfwu ~
payment of any daimt Mre~nder, ~aid MpRtGAGEE sMll apply to the Court hsving ju~isd~ction thereo} for Yns appoiotmeM of ~ Receiver, such Coun shaU ~
forthwith ~ppoiM a nceivN of si rnwtpaped p?operty all and aing~lar, includmg all aod singulsr fhs incortN. profits„ issue~ ~nd rewnues from whstwtr
wwa duiwd. ~sch ~nd ewry o~wtiich, it beir~p expres~ly unde~srood. is he~eby mwtgaged as if spec;fically set forth and dewibed in thi yranrinp ~nd
h+b+ndum d~vs~s hereof, u~d wch Receiwr shall have ~II the broad and cf(ective iunct~ons anc! powen in anywise cntrusted by ~ Court tp • Reteiwr, and
~PPoi~tme~~ +h+~~ b~ m~d~ by wch Court ~s an admitted equity snd a matter of absolute r~ght to aid MORTGAGEE, ~nd wi~hout reference to tM
~dpu~qr a inadfqwcy oi tl+~ valw oi the properry mwrg~ged w to the sotvancy or. insolvency of said MORiGAGOR a ths defer~dants, and that such
nn», profits, incwn~, iaues a~d r~venws ~F~S~~ be ~pp~ied by such Receivcr aicwding to tfie lien w equity of said N10RTGACaEE and the p?actic~ of such
Cowt.
8. To duly, prompfly ~nd fvlly perfwm, diicharge, execute, eficd, comptete, comply with and abide by ~ach and tvery the stipvlafionf, agrterrKn», k
ca+ditioeu and eoven~nri in said promiisory note ~nd fhis mortgage set forth. ' z
9. that in tM ewnt the ow~ership of the matgped prem;s~s, or eny part thereof, becomes vested in a person other tlNn the MORTCsAGOR, tM i
MORTGAGEE, in sucussoes and aui~ns, may, without nof;ce to the MORiGAOR, deal with such auccsssw or iucc~saor in intertst wirh reftr~nce to this !
n+o?t~~ and tM debl F~ar~by ~etured in the suns manne~ as with Ahwtgsgor without in ~ny wsy viuatinp or discharginp the Mwtyagors' liability herr
under w upon tM deb~ hereby accured. No sale of the Rrem7ses hereby +nwtgaged and no twbearanu on the pan of tF~e MpQTGAGEE or its successors }
or auipn~ and rw ~xtension of ~he rime fw the paymcnf of the debf he.eby secu?ed g;ven by ti~e MORTGAGEE or its tucceuort w ~uigns, shal) operate ;
1o rsl~ut, discMrpe, modify ch~nge a affect the orgin~l liability of the MpRTGAGOR herein, either in whole a in part. ~
10. It h apec~{ic~lly spreed that t~me is of the essence of th~s contract and th~t no waiver of any obliyation herevnder or of ths oblipation ss-
, cw~d Mreby ihatl ~t ~ny time tl~ereafrer be held ro be ~ waiver of the terms hereof or of the insnumenf sea,r~d herby,
11. !n add+tion to the faego:ng monthly payments of prin~ pal and interest required by the prom~ssory noee setured hereby, mort~agor ~ovenants
and ~yrees to p~y to mortg~gee with e~cb monlhly payment an addirional sum estimatcd by mortgagee to be eqval to 1/12 of the annual cost of the follow-
iny:
A-All re~l property taxs kvied or auessed against the above described resl estare.
B-Vremiums on tire and w;ndstam insurance as herein requ:red to be carried on the improvements s7tuate on the above deuribed p~emises.
C-Vremiums on such mortgage guaranty insurar~ce as mortgagee shall from tlme to time deem fit to urry on the ban secured Fxroby.
MafQagee ~hall from time to time not;fy mortgagor in wr:fing of tF~e amount due and payable hereunder and such sum shall thereupon be due and
p~yabk on the due date of the ~ext monthly payment and each successive month thercafter ur.til mo?tgagee shall notify mortgagor of s chsnga in s~ch
+nwuM. Such wms thall be ~pplied by mwtgsgee toward the paymcnt of real property taxes, insurance prem:ums, and mortgage guaranty insurance
premiumt.
1 WItNESS WHE , the said MORTGAGOR has he~eumo set his hand and seal the day and year fint aforesaid.
~+~d. S~al~d nd ivered in tM prpsence of: .
_ ~
~ s t n
rc-=n
rc-.n
STATE OF FLORIDA ~
~ St. Lucie u-
befon ms penonslly app~ared Llovd E. Finleyaon
Doris . Finleyson his wife, to me well known snd known to me to
tFw ind'nwiuats dewibed in and who executed the faegoing instrumant, ar?d ac(cnowtedged befwe me tFut they ezecuted the s~q fw ths purpose~ .
rhe.etn.xa.,..d. M~a th..,:~ Dori9 S. Finleyson , ;
wife of tM N~d d E F3i118 sotl :
aed priv~t~ •
examin~tan by me Nke~ sepante and spart from her seid hvsband, ~tkra„vkdged to and before me that she execuLed •NWEw~irltineyy;~nd vol~~. ,
hrily ~nd withovt ~mr computsan, consrraint, ~pprehension,` w fear of or irom her said husband. }
WITtVESS my h~nd ~nd offiti~l ~eal thi: - n/~ ~ ~~f
2$ ~ ~ diy of _ _ : J 1 ~ :J R_
. ~ _ M~- ,
Notsry Vublic in and fa f}~s ~q~~r -
My Commissan ~xpires: L~'` ; . ~
Return Ta i^
F'NSt F~deral Savinps Loan Association ~i~'/'
i
Of Fort Pierce. ~~i~' 7
fort Pierce. Florida FILEp ANO R~COR04O ~~t~~I~ '
~A~~B~~~.~p~~fF1AR1011~t~E ST. LUClE COUNTY, FLA,
iRES 2~~ ~%9 COP.~ V~RIFIED
~ Mr ~""~u~o" °`P 149~'71
~;T ZS 3 ::'6
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~ ~ ~ ~ : CIRCJIT COURT
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