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3. To plao~ and continuo+raly kNp on e!w bui!dinps aow or Mseah~. ~rwh 9n w~d I~nd sm! on ~It equipenMt snd pwwn+lly aownd b~ tl~ a~orp~ ~
ps. wilA a!1 psmium~ IMtton paid i~ luil, fir~ intwanc~ in ~h~ uwal atand+rd polity fpiq, iw • twa ~pprowd bp thf MORiG/?GfE, and windNOnw
PaKY fan1, in ~ wm a
rnsV-+nw in Mw uswl uand.rd pp.oved by the MORIWGEF, in wd+ coT.p~ny a oomp~nia w tM MORTW1~tiEE ~ i
d+•ccts snd all fir~ and windstorm iniwa+a polKies on ~ny of asid bwldinfq„ any inNnat thK~:n or p+r1 Hw~oE in th~ appr~h ~wn ~tar«a3d or '
in .~oas Nwnof. sMtl oontain ~M vswl stu+~ud mori9,~~ clavs~ w wcA ofhN dwa~ a tM N~o~~papw ~y ~pvw, ma?Mp tM loss wwlN uid po1F
uea, each and ~wry. iaaYabl~ w said N~ORTGAGEE as in ii+taest m+Y +PPe+~. and ~ac1~ ud ~wry wch polic~? ~MII b~ prwnptb ~ss:pn~d «+d dNiv~nd t6
sny hNd by said MORTGAGEE as fwther secwity ro said matps~e debt. u~d, na I~st than ten QO) d~tn in adv+e~c~ of th~ ~:pir~tion of ~Kh polky, b dr
l;vrr fo said 1y1pRTGAGEE • r~new~l thtreof, topNMt with a rettipl for the pr~mium of svth rwwwal~ aod Ihtr~ ~hall b~ no fir~ ot wtndstw~ in~w~.~q
ptxed on ~ny of said buildinps. u~y interest ther~i~ or pu1 the~eof, unku ~n tl~e fum ae?ti wi~h ~M lost p+Y+bt~ a~ afore~idt and in fM tvant ~ny wn? ~
of mweay b~cwn~s payaW~ ~ndq wcl, pa;q, a polici~s said MORTGAGEE sMll luw rM optan to r~piw and ~ppty tM sw~ on aaow~l af tM k~d~Wd~
neu sacw~ci h~ctby ty a pe.mit aaid MORTGI?GORS to recav~ ~e+d ws tt w any pare thcreof fw aher pwpos~a, wishour ~he.eb~ w~ivinp a impain
ing anY ~qu~h. Ga+ er .ghc ueder or by virrw ot rA;s rnorryaps: u~d in tM ~vret qld MOR7GAGORS sh+11 for sny na:on f~il w kNp th~ aid pr~nises so
~nsvred, o~ f~il b dtlivN promptly ~ny of said policies of iruwa~te to said MORTGAGEE, w hil promptly to pay fvNy ~+y pr~:niwn ther~for or in M~
respect fail a ptrfwn~, diicharpe. s~ecute. effecl. compkt~. con,ply wirk a~d ~bid~ by tt?is oovsnant, w ~ny put herwf. pid MORTGAGEE may pl~p and
vdr fw sueh L?sw~ne? a any part tMreof withovt wirvieg a affadi^D +nY eWan, li~e~, pvlty. or ?iyh~ a~ a by virtue ot this Mortp+q~. ~nd tM
f~ll unount of sach and ~very such payma+t ih+ll be im.:.edcasey du. and p~yabl...~d sh.ll b..r ~nhr.s~ fran ~M daa rh.reof uroU pad M. r.a of "
n~~.e pe? centum p~r uwwm and togatAer with such interest ~haU ba secwed by !h~ li~ of Nfii mprt~p~.
1. io psrmFt, oomrevt ar :vffer ~o waue, Lnpa;?msne a d~terioration of said propeny p any put ther~of,
5. To pay ~II and sinpvla? th~ coa», chargea u~d expenses, includinp • reason~bM ~ttwaey's fs+ a~d oosts of aMtraets of titl~, k~cwr~d or qld ~I '
~ny tieM by sa;d INpRTGAGEE. beca~se or in the even~ of ths faifwe on ths put of th~ ssid MORTGAGOR to duly. prompN.y ~nd fvll~r pafonn, di~durQR ~
execurr. eff«t aanpt~% cornplY w~rh and ab:de by exh and wery ~M atiputae~o~a, ~g?aem~nts, coeditioru and oowi:ann of u~d pranissory not~ and thi~ f
mort9ape +nY or athe~. and ss~d cosb. charges u+d e:penses. each and ewry. sMll b~ imnwdia~~ly due uid pay~bbj wlKthe~ a not tl~r~ b~ notic~ dr
mand. ~ttempt to colleet ar wit pa~ngj s~+d ehe full amouet of esch and ewry wch paymem ahall bw int~nat fran !h~ d~t~ tlwteof until piid at tht
rate of ~ pe~ c~ntum per a~uuw~t~; and all said oosts, chuges snd expenfes irx~rred w p~id, wQ~ther with s~th interaL ~?+11 b~ Nwr~d by th~ li~e? Of tAi~
mOrtg~. ~
6. ti'h~? in the eveot of ~ny breach of th~s Mor~gsy~ or defwtt on tha put of th~ MORIGAGOR, or ib) in tM ewnt ~ny of said swro of morNy
heroin reFerred to be not p~o.npdy and fully p~id within thirty (30) days next after Ihe same s~verally b~tan~ dw and p~yab~, wlthout d~mM~d o~ notic~,, ~
or ;c) io the ev~nt each aed every the stipu?at3ons, ~g~eements. condtians and oow~snts of ~a~d promissory eot~ ar,d th~s mwt9sp~ ~ny or ~itiwr u~ ew
i~+~y, promptlY and fully perfo~rned, d;x-huged, execvted, etfected, compkted, complied with u?d abMkd by, tMn b~ithK or ~ny wd~ ewnl fM aaid q
g~egate swn msnraned in said premissory nore then rema~nirg ~npa;d, with interes~ scvued, and alt mon~ys s~cw~d_ hu~by. sFwll b~ooene dw ~nd p~y~
eb;e fwthwitly Of iF~lfNNN. ~t ~he op~ion of said MORTGAGEE, u fuNy ud oanpktely u if all of the iald wn~t ot nar~y vwn aipfnally stipulaMd
ro be pa;d en such day. anythiny ;n ss;d pr«n;ssory nore or in thia Mort~aqe to the conbary r?otwirhs?andirps and tlwr~~pon w tlMr~ahw at tM op~ion of
se;~ MORTGAGEE, without notice o? demand, sul at law or in eqviy. ~he~sFore p thereafter b~vey awy b~ proNCti?qd q~f dl motNys Ncur~d hK~by
had matured pior to its ir~slitvtion.
7. Th~t io ths event that at the begin~ing of or st any time pend'ug any wit upoe? tha Mort~sq~, or to loneloa M, a b nfonn it, w fo ~nfwa
payment of any daims AQre~ndc~, said MORiGAGEE shall apply to the Court hiving jurisdictiot~ therwf fo? th~ appointswe?t Of ~ Raceiwr, suth Gowf s1M1)
fc~thwith appoint a receive~ of saij! mwt9aged propertY all and singulsr, indudu?g all ~nd wgulu tM u~tOm~. profit~„ luws and rw~nws ftpn wiubwr
soUrce derived. each and every of wh;ch, it being eapressly undrrstood, a hercby mw~gsged ss if speaiic~lly iet fonh u~d dMaibd ~n thi ~r~ntuq and
habendum davses hereof. snd such Recciver shati have ~tl the broad and effectirs fvnctwns and poweq in ~nywis~ ~ntnnt~d ~y ~ Cq~rt t~ a R~alwr. ~nd
i~ch appointment shall be made py such Cowt u an admitted equity and ~ m~»e~ of absolute ?igAt to ssid MORTCsAGEE, aed withoul rtf~ree~ 1o fh~
edequacy or irwdeqwcy of the wlue of the wopertY mat9+9~ a? to the twvency or ;nsolvtncy of said MORTGAGOIt or th~ d~f~ndantt, ~nd that svth
ren+s, profits, ~ncome, nsues and revenuei shatl be applied by wch Receiver accordirg to tM lien or equity of Nid MQRTG/1GEE and tM pnctia of wch
Cou~ t.
8. To ekiy. promp~!y and fvlly perform, d'achargs, exacure. eHect, complete, comply with ~nd abid~ by sach ~nd ~wry tl» sHpul~tiotq, ~prNm~nM, ~
condfr+ons and cover~ann in sa:d promissory +are and fhis mwtgsqe set foreh. - ~
9. ?hat in the evenf the ownership of the mwtgaged premises, a sriy put tF~eof, beoomes ves»d in a pwwe othsr th~+ the MORTGAGOR, th~
r.~ORTGAGEE, its succeuors and augns, msy, v~n~Fwut notice to the MORTGAOR, deal wirh such ~ucus~or w wtpsfor in interest with rtfenno~ to this
~:o~rgage and the debt hereby secvred in the same manne~ as with Mortgagor without in a~y yv~y vitisfin~ or d7xhuyinp tM Mwtypors' U~bflity lrt~-
~^:der or upon the debt hereby secured. No ssle of the premixs hercby mortgaged and r,o fwbesanp on ~I,~ part of th~ MORTGAGEE or its waeasas
c~ ass~gns and no extrns~or~ of ~he r~me f« the payment of the debt he.eby secured qiwn by the MORTG/IGEE or iq a„coeaaws a+ssip~. shall op~r~t~
ro release, disehar nwJif iO~~ '
ge, y change or affect the origirwl liabilitX of the MORTGAGOR herein, either in wFwl~ a in put. s
10. It is spec~fically agreed that tin+e is of fhe essence of this conrr~ct ~nd th~t no w~iwr of any oblipation h~reunder p pf tM obl{p~ti0n ~r r
cured hereby shall at any time thereafte~ be held to be a waivsr of tns terms hereof o? of tM instrument s~cw~d 1Nrby.
11. In add:ro~on to rhe (wego:ng monthly paYments of prin~ pal a~! inrerest reqv'ued by ihe promistay aote setured Aaeby, mortp~gor cov~ny
ar:d agrecs to pay to mostgagee with each monthly payrncnt an addirio~al sum es~~mated by mortgagee to b~ equsl to 1~12 of tM annu~l tosf oi th~ follow-
;ng:
A-Ali real property taxes kvied or assrssed agai~st the above described reyl estate.
B-Aremiums oa fire and wi~dsiorm insurar:ce as herein requ'ued to be curied on the improv~nts sitwt~ on the ~bov~ dqcribed ptNnt~q,
C-Premiums on such mortg~ge guaranty insurance as matgagee shall from time to Yune deam fit fo cury on tht ban setur~d I~~eby. !
Mortgagee shall from time to time notify mor~gagor in writuig of the amount due and payabk herweder and such wm shaff fMr~~rpon b~ du~ u~d '
c3ysbte on rhe dve date of the next mor~th! ~
y payment and each successive rrqnth thereafter until morty~yee ~11 notify mortgapor of • chanp~ (r~ wch }
~-~c~nr. Such sums sha~l be applied by mo-~gagee towa:d the payrrKnt of real property ta~ces, insuranca ptemiwnt. ~nd m.xtysp~ qwraMp inswanp ~
c~emiums.
WlTNE55 WHEREOF, ?Fk said MORTGAGQR has hereunto xt his hand and seil the day snd year finf afaaaitl ;
a and de ' ed ' presence of: - ~ i
..t.s~.. ~ ;
i
_ ry =
_ ~
n..q
5~ AT E OF fLORIDA ~
St. Lucie u-
cour,n oF
e~to?e me u s ~ed W 111 ~ 8m J. Ma rtin ~
~~~o~orea Martiti ~ ~w~~.~~~~i~~~~~~~~
rh: individwb desvibed in and who executed the foregoiny instrumsnt, and aclcrwwledged before ms that t1~ty exewted ths same for the purposa
!Ferein ~xa~. n„~ ~;a Dolore~ Msrtin
wife of ~~;d W311iem J Martin ~ a separate ~d privat~
~:,am~natiw~ by me taken separote and apart from Frcr sa;d h~sband, ~du+owledged to and before mt tFWt she exeated said 'unftwnerit freely and vduo-
ra~~ly ard withovt arryr compulsion, constraint, spprehension, or feu of or from Frcr ssid lwsbsnd, _
WITNE55 my hand a~d official xst thi: ~r~ T/t ~y D ember A, D. 19 66
Not?ry PuWit in and for tM St~te of Hotid~ ~t larp~
My Coreunission ~xpires:
Retwn To: . • .
Fir:t Fede.+1 Savings b toan /?ssodefion . ` i Not~ry'I~t. Stik 9f Fbtidi n(~
, ~ . -
Of Fwt P.~.«. . ~ Cawwissio~ E~Pira Sep?• 23. 1965 ~
fort Pierce. Flor"~da ~ - i~Md h~wicM fi~ i Gwhr p_ ~
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