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lo placy •nd conrirwovslr ke+P c~ ~i,~ bus~darg~ naw a l+ereaher sitwa on sdd lasd ~nd on ~It equi{w+wM ~nd pMSCwlb awr«~I bY 1w ~worq~ ~
p~ w~th ~II prMSiums tlwea~ p+~d fu11, fire i~s:vcnc~ in ~M u~wi i~and~d poticy fwm. in ~ fw~ ~PP~owd M~RTGA~rEE' M+d wind~o~~w i
ieaur~np in tM uswl sundard pW:cy form~ ie? • svm appro.ad by ~h~ MORTGAGEE. in wcA ca~P+^Y or ccnW+^xs a th~ MORiGA4EE n~~ ~
d'n~ctr aid ~lt f'r~ ud w~ndsann ~nw.~nce polK~es vn ~ny of ss~d bwld+np~. +nY inta~ tlwein w part tlw~of, N IM ~pOrp~ti w~w ~fanuld a
In ~xcess tMroof, sh+11 conta:s ~!w uswl uandud rnat9.?3t+ ~favs~ or wcl~ aM. dws~ as tM Morpps+ rn~y ~puin~. ~++~p ~M bsa w+da w~d po14 - ~
c»s, each u+d waY. WY+b~ w~id MOitTGAGEE u;n in~e.ei~ may appaa?. and sacA and ~w+Y s~A PaK1? s~+~l b~ prampdY +~s~9~wd and d~liwnd w
aay MW by aid MORTGAGEE u fu•~he~ iecurity to s~' t~++or~ga9e debt. and. ~wt kss tMn tt~ I~OI days in a~vana of th~ ucpir~tion of ~ad~ Po1~cY. b d!~ ~
liva fo said MORTGAGEE a renew~l therwf, lo9e+ha~ weeh a reccipt far th~ prsm~wn oi such tentwalj aod thttf sh~ll b~ no Rn a w~ds~^~ k~+~ e
plierd or~ aqr of sa~d build+~ys, sey ineerest there~r? c+r par~ ~hereof. u~ku ~n ~ha form and wi~A tF~ lou paYaW~ aa ~for~s+~~dr Md in th~ ~v~n1 ~ny swn ~
o{ ee~ey becanes paYable w+der such policy a p~.1~r.as said MORiGPGEE ah+ll haw tht option to ~ec+iw and ~pp1p tM s~ns on account d th~ ind~bt~
n~ts s~cved hatby a w perm~t said N10RTGAGORS ro reccive and ~s~ it w any psrt thereof for othes pwposes. wllhout thaeb~ waiviny a wnp~- ,
kq ~reY equ~ty, lien or rqM wder w by virtua of ~hq mo::pa9e: snd in the. evenl iaid MORTGAGORS shiU tw ~y «ason f~il W k~tp 1h~ s~id P~ses so
inwred, w i~il w dsi~ver promptly any of said polKias o( iruwanca to sa~d MORTGAGFE. or sa~ Pro~~b ro wr w~N +^Y P~~w~n therefor a in i~1~
~tapetl fail 1o perfwin. dixl+a~ge. •:xwute, sf(ect. cor^Plete. comply wirh ~nd abi.~e by this toven+n~. or ~ny P+h he~wf, said MORTGAGEF m+Y ptaa~ a~d
P+Y fw sucb inw~ancs or u+y pa.t thereof w~thout w~ivir+p or ~ffectir~ anY WNion, ~ien, sqviry, a~ipht wd~ .x by virtw of this Mwq+p~. ~r~d tht
f~t1 amo~nt oi ~ach ind evay such paymr~t shal) be ~nuned~mly dw ~nd psyabte a~?d shatl bear interes~ fran ~h~ dan rhsnof w?til paid ~t tM ~aN of
~ine psr cat?!um pet arrwm ar.d together vrith such in~e.es~ sha11 be secv.ed by the lie~ of this mat~~pe•
1. To permit, cxnmit or suffe~ no was~e, impa'ument w detc~.oraran of said . property w anY PaN therwf.
S. To psy a!1 u+d singulx th~ costs, charges snd expenses, includir~ s reason~Wa +ttorney's fe~ ~~d oosn of abstrac» of titl~, LKVrt~d a paid at
any time by said MORTGPGEE. betai+se ar ~n the cvent of tfie faih?re oe~ ~he pa~t of the said MORTGAGOR ~o duh. P~^+P~~Y ~~+lh~ P~a^'4 ~ ;
execvts. effect. compkte. tomplY w~~h and ab:da by each and every the sNpvlati~x?s, agrceme~ts, caxlitiom„ a~d oown~ntf of said promitsotY not~ a~d thu i
mo~tga~e any w eiihe~. and sa;d cosn. charges and expenses. e~ch +nd every. sh~ll bt ~mrnediately due sad payabNt whstM? o~ rwf tMr~ be notiu dr ~
mand, anc~+p: to colkq w wit pending; and tha full an?amt of each and rvery sucl+ paYment shail bear intohst ftan tht d~t~ N+treof until p~id ~t th~
rare of ni~e ~ centum per ~.um; and all u~d cos~s, charges ar+d cxpenses incurred or paid. wgetha with such Im~rpt, ah~l) ~ sKUnd br 1M IiM of thi~
mortyapw
6. That in tl+e event of aey breach of tha Matgage w default on the part of "the N10RTGAGOR, or (b) i~ tM ~w^t a~ryl d faid wmt of mo~r
herein referred to be not pranpHy and f~fly paid wiihin thirty (30) days next after the same severally becom~ _dw uid p+Y~ble. witAout dan~nd o? not~.
or (t~ in ihe eveM each ~nd every Ihe stipulations, agree..xn:s, cond~eions a~d cove~nts of sa~d praniuory not~ ud th~s mortyap~ w~y o~ NtMr an no1
~uty, promptly and fully ~formed, d~uhargcd, execured, effeceed. compkted, complied with aed abided by. N~ in ~itMr or aMr such weM th~ N~d ~
greg~le sum mentio~ed in aaid prw•niuory note then remaining unpaid, with interest sccrued, and all moneYS secwed. F~ueby. shall b~eoen~ dw and p~Y'
able fwthwitFy a tF?ereafter, :t ~he opran of sa~d MORTGAGEE, as fully and comple~sly as if ~li of the ~aid suina of mo~sy w~n orpindhr snpu4ted
to be pawi on such day, ai+yrh7ng in sa:d p.orr.~uo.y nore or in thi: Mw~gage to the cont.ary ~+otwi?Icfrsnd'u+p: snd tMr~vpo~ a t1+K~+ha tl th~ op~~on of . ~
said N10RTGAGEE, without ~+orKe or demand, suit at law w in equity, therefwe or the~eaEtsr bspurt, m+r b~ pro~acut~d a if aU nwMYi ~w~d MnbY ~
had matured prior to ~n i~uritu~la+.
7. Thit in the eveM thaf at the beginning of or af any rime pend~ng any wit vpon tlus AAwtpap~, w to for+clos~ h, or to nform h, a to ~nforc~
payment of ~ny da~ms he.eur~drr, said NtORTGAGEE shall apply to the Court havirg ~urisd~ct~on theraof fa tM ~ppantment of ~ R~eiver, wd? Cax1 sha~l
fathwith appoint a receive~ of sai~ mortgaged property aU end singulsr, i~clud~ng all and singulu th~ incbm~, protits, issws ~+d rtvMws from whatwN •
source derivcd, each and every of wh:ch, it Gring expressly undersfood. is hrrcby matgaged }s if tpecifiully tN forth uid dswib~d h Nr prM?tinp and
habendum cla~aes I+Heof, and such Receiver shall have al! fhe boad ar+d effect;ve funct~ais a~d {iowei{ in ~nywise e~?tnnted bY + Ca+N q ~ Reatva, and
such appointment shalt be made by wch Court as an adm;~ted equity and a m+ttcr of sbsolute ~ght b said MORTGAGEE, and withouf nferMq to tF»
adequacy or insdequacy of the vslue of the pro{xrty mortgaged or to the sowency o. insolvency o( said MORTGAGOR w N+~ defendants, and tlwt such
rrnts, profits, income, iuues and revenues shall be applied by wch Receiver accwdinp to the 1'~en or eqvity of aid MORTGAGEE and th~ pWio~ of suth
Cowf:
8. To du~y. promPtly sr.~: fu11y pertorm, d~scharge, axecute, effect, complete, comply v~rith and ~bide by ~sth u~d twry th~ sliq+l~twr~~,. ap~~nMnts.
cond'etioru and covensnts in said promissory note and tM mortgsge xt forth. - ' -
9_ Th~t in the event the owncrship of the mortgaged premises, w any ps~f ihereof, becwnes wstad in a ptnon otF~er tMn th~ IYIORTGAGOR. t9+~
MORTGAGEE, in svccesso.s and ass~gns, may, wifhour no~ice to the MORTGAOR, deal with such wcc~ssc( a s~xc~ssw if~ ~I1?Mt~1 MId~1 nfennp W thb
mortgsge and the debt hereby sec~red in the sa'ne manner as w:th Nbrrgagor without in any way vitiatug O~ distMr9i~ lhs AAwtqs~Ors' li~bility Iw~f
under or upon the debt hereby sewred. No sale of the prem;ses hereby mwtgaged snd no iorbear~~te on fh~ part of the AkORiGAGEE a its waessws
or assgns ar~d no extension of the r~me fa the payment of the debt hereby secured 9iven by the MORTGAGEE; a iri sucrssswt or au~pM, sh~~~ oW~+t~ - ;
to release, d~xharge, mod~fy change or affect the wg~nal liab~l~ty of the N10RTGAGOR Fkrein, either in wMle or In p~rt. ~
10. It is spec:fically agreed that time is of the esx~ce of this contrad and that no w~ive~ of any obliyation herwnder or of th~ obliy~tiOn s~- ~
cvred lxreby sMll at any tlme thereatter be held to be a waiver of the terms hereot or of the i~strument secured IN~by.
11. In add~tia~ to the faego:ns mor+thfy Nayments of p~inc'pat and interest required by the pra++'~ssory oote secured hereby, motfpsgor oown+M1
and agrees to pay to mortgagee with each monthly pay~.~ent an add~~io~al sum aat~raated by mortgagee to be eqwl t0 1/12 of ths acv~w) twt of th~ follow-
itx): '
A-All real property taxes kvied or auessed aga~~st thc above described real estate. . -
B-Prem~ums on fire and windstorm insurar.ce as here~n requ:red to be carried on the improvemenb sitwfe on ihe above d~wibld prMnisM.
~ C-Premiums on such rtwrigage guaranty inwra~.ce as mortgagee shall from t~me to time deem fif to tsrry on ihe bsn aetur~d h~reby.
Nbrtgagee shall from time to time notify mortgagor ;n wr7t:ng ot the amount due and payabk he~eunde/ ~nd suth wm sh~ll therwpon b~ dus ~nd
payable on the due date of the next month!y payrr+en: and each successive mw~th thereafter until mortgagee shsll notify mortgagor of a charg~ in wth
amount. Such s~•ms sF:all be apptied by mortgagee toward the payment of rea: property taaes, iosursnce prem:wns, snd mortg+pe guat~nty inwrantf
Premiwrts• -
IN WITNESS 1NHEREOF, the said MORTGAGGit has hereunto set his hand and sea! the day and yeu fint ~fw~said.
i ealed d-delivered i~ the presence of:
~n
n
n
~
STATE OF FLORIDA ~
S5.
~ St _ Luc ie
~fa~111e~,,,,,,~,r,~a.~ John Dorson and Sarah F Horson, ~is wife ,~a
Franlrlin A. Harris ar~ uQZerie V. Aarris~ ~ W;r~,,o ~„e weu ~~,a w,~ b.
rhe individuaEs deuribed in and who executed the fwegoing ir?strument, ard sckrawlecJged before me that they exewted the sarne for ths pu~oses
,n~,~„, exa~ ,?~a :,d Sarah F Dorson, wife of the said JntLn Dors~n,, n~, d_
.ri(e-~of ~he ~aid • ~vpcn ~ sep~rste and priv:s~
axamination by me taken separate and apart from id husband$sckra ro and before me that ~lexecuted said irotrument fteely and volw~-
tari{y and witF?out a~ry compvlsion, constraint, spprehens;on, qr7fear of or f~id M+sband8.
WRNESS my hand and official stal this ,p~3~L~~ day of November A. D. 19~_
Notary Publ' u~d fw tl~e State of Horida at lar~e
My tonrn' ~xpires:
Retwn Ta
Fint Federal Savings 3 tw~ /~~at~«? , fILEO A~0 RECORDED Notary PuWie, Stat~ ot I'lorida at Lsrge
Of Fort Pierce. •~~~~~.~t,,~ ST. UfCIE COUNTY. FLI4. My Commission Expira Aua. 6, Io6~
Fort Pierce, florida\`-~04;.}~~1~~~~',,. R~COR~ b'EP.IFIED 8onded e~?Am~rican SuretliCo.etl+~.Y.
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