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To plan ~nd conta+uously keap on ~M bv~~d~.qs now or ner~afiN sitwa on uid land and on ~N puipm~nt and p~no~~1~Y oownd bY thi~ ~a~
eAe. w~th ~11 premivms ~her~on p~~d io fuli. f~re insurance i~ the usual suodafd ~al~cy (arn. in a swn approv~d bp tM MORTGAGEE. and w:~wrm
;nw.anc~ h~M vwal uand+rd pw:cy ~am, in • sum ~pproved by 11?~ NIURTGAGEE. h wch compaeY or ao~n,~+n~a as th~ MORTGAGEE m+Y ~
d~.nr; snd ap fK~ ~nd w~ndtarm inswa~ce potk~rs on u?y ol said bwW~rgy ~ny ineer~l tl~tin w put tMr~of, in tM p~s~+b swn ~iotyaid a
in sxcws ~Acrcof, shail conuin ~ha uswl sra~~dxd mor~9age~ ciaus~ or such al+a clws~ ~s tM Mwt~apN m+Y ~equ~n. n?+?inp tM bss u"dK sad p°li'
c:ra, eacA and ~vxy. p+Yabk b sa;d MORiGAGEE as ~ts inierest may appear. and sath and ~wry i~rch policy i1+~11 b~ promptly us:yrnd and d~liver~d to
an~ held by sa~d :MOR~GAGEE u fur~ha xcwity ro sa~d mor~ga~e dcb~. ~nd. not bu ~han ~e~ l10) days in ~d+ann of tlw ~apir~~ion of tad~ Policl?. w dt
I~~er eo s.aid MORTGAGEE • re~ewal thereof, ~ope~hsi w~eh s.ece~pr fu. tM prerniwn of wch n.~ew~l; ~nd tMn ihall b~ no f"as o~ winds?am ins~u+na
plited on any of sa~d b~ild~ngs, any interost the.e~n w put tAereof, u:+leu in the form and wifk tM loss p~ysbl~ as ~for~saidj u~d in tM ~vsnt aery wm
of mcnsy betpms paYablt vnde~ wth policll ot pal~tees s+~d AWRTGAGEE shall haw Ih~ option to teteive and ~pply the sitM on accounl of tM indabttd~
ness securrd hereby w a permit said MOR~GAG9it5 ro receiw and ~s~ H a a~v. put tF?ereof fw othe~ p~rposes, wi~hout thrreby waivinp or ~mpair-
~r.g ~ny pvity, lian a ~igh~ ~oder w by virn,e oi ch~s moccgage: u~d ~n ~M ~va~t s~id MORTGAGORS sl+all fa ~ny rtasan fail to k~ep th~ a+id pr~mis~s w
~~su~ed, w F~it b d~Gve~ prempdy any of si~d polKies of i~uur~nce ~o sa~d MORTGAGEE, w fail promptiy ro p+y fully anY premiwn thsrdor w in ~ny
re~pect fait q pe~fam, d~uharge, execute, effect, complcte, comp~y with u+d abide by this coveo+nt. w any put I+erwf, said MORTGI?GEE m~y p!ace +nd
pay fw wch Inw~ance a ~ny pui thereof without waivinp w affectinp any o~,tion, lie~, equity. or riqM u~dK a by virtw of this Mat9ap~. and tl~e
!uil amo~nt of exh and ~~~ery such p~yment shall be imn+edi~tely dw +nd payabb and sh~ll beu interest from th~ daq thereof until p~id at th~ r~t~ ol
~~~~,e per centum pa a.?rwm and togsthcr with such intcrest shall be secvred by iM Iwn of this rra?t9~pe.
To Fermit, canrt?it or suffer ~o waste, impairment w dcte+aration of ia~d propaty o? a~y pa?t theraof.
S. To pay all sod singut~r the cosn. charges and expensea, including a reason+ble attorney's fee snd oosb of abstracts of tit4. te~cvrc~d w p~id at
~~y eime by said MORiGAGfE, becavse or in the event of the fa~lu~e on the put of tM said MORTGAGOR w duly, p?omptly aed ivlly pKiorm, d~sch+r~
ex~-c~te, effect, complete, cors~ply w~th and ab:de by each and every the st~pularans, igrtlmintf, COndilipN„ ind COVfnanY Of Nid prOmisfOry rWM ~ t~W
:r.ortgage any w ei~her, acd x~d cosn, chuges and expenses, esch and every, ~ha~~ be immed'utely due and pays~~t wheth~? p nN tMr~ b~ ratip d?
mand, att~mpt to colkct or wi1 pend~ng; and the (ull arnouM of escF~ and e~ery such p~yment sh~ll beu inter~st fran th~ d~t~ tlwr~of vatil p~id N tM ,
r~r_~ of ~ine pe~ centum per amwm; and +11 said cos~s, charges u~ eapeoses incv~red w paid, logsthat w~th wch intu~at. tMll b~ s~wnd by th~ li~e~ oi tha ~
mortgage. :
6. That in the event of any brcach ot tlw Mortgage or defaul~ on the pa~t oi the 1Y10RTGAGOR, or (b) tn tM w~nt u?y of s~~d swM of nanty ~
here~n referred to bs not promprly and fully paid wiihin thuty (303 dari next afrer the same seve~~lly b~cane due and p+y+bl~. vvithout d~.~und or eotic~,
or (c) in the event ~xh and every the suputat~ons, agreements, cond~f~ais and cwen~nts of sa+d promissay note u~d tlrs mort~~ any or ~itl+N ut nol
iuly, Promptly and fully periormed, d~xharged. e~cecuted, effected, tompleted. complied with and abided by. th~n in ~itMt ot ~ny ~uth ~wnf 1M NW ap~
~rc~a!e wm mentioned in said promissory nore fhen rema~ning unpa;d, with interest xuued, and atl moncys s~cwed. hsr~by. sAali beooree dw ~~d pap
ab.~ forthwith, w 1F~lfNf~N. at the option of said MORTGAGEE, u fvlly ard completely u if all of the said sunn of moe»y wtn ori0in~lly stipulated ~
ro be pa~d on such day, anything in sa:d promissory nore w in this Ma~gage to the contr~ry rwtwithstandiny; snd ihawpon w ~he?e+hK rM op~an of
:e:d 1VtORTGAGEE, without .wt~ce o~ demand, suit at law w in eqvity, therefwe or there~fttr b~pun, nw~ b~ prwewted ~s if +11 mon~y~ Neund hutby
h~d marwed pnor to its institution. ~
7. Th~t io ths event ~hat at tne be9inning of or af any time pendiny sny wit vpon this Mwt~ay~, o~ to lonclos~ h, or to nforr!i it, o? fo Mfwq
--3yment of any claims hercurxler, said MORTGAGEE shall ~pply to the Ceurt havi~g iurisd~ttion thereof fw ti» ~ppoinririent of a R~teivq, suth Gourt shall
Fc: thwirh sppoiM s rcceiver of sai~ mwtgaged property atl and singular, includ~ng all and singular ~M incan~, profits, issws and r~wnws fran wh~f~vN
s~vrce detived, each and every of whKh, i; tx~ng expressly unders~ood, ~s hereby morrg~ged ss if sp~c~tically s~t forth and desuib~d In thi ~rantinp ~nd ~
ha~endum clavses hereof, and s~ch Receiver shall have all the b~wd and effective funabns and powera in ~nywise entrust~d by ~ Cowt tp ~ R~aiva, ~nd
:.ch appointment shall be made by svch Court as an admitted equity sad a rr~tter of absolute ~ight to s+id MORTGAGEE, and without nfer~np to th~
adequacy or insdequacy of the value of the poperty mwr9aged w to the sohrency or ~nso~vencY of said MORTGAGOR a the defeewlants, and tMt such
r~~~s, profits, incomc, asves and revenues shall be apptied. by such Receiver xcordinp to 1M lien or pvify of s~id JNORTGAGEE and fhe {xattip of such
Coun. ~
B. To duly, promptly and fully perform, discha-ge, execute, ef(ect, complete, comply wilh and ~bid~ by ~ach u~d wery th~ sNp~rlation~„ ~yr~~ts,
co~d~~ions and covenants in sa~d promisaory oote and this mortgsge set forth. ~ ~
9. Th~t in the event the ownership of the mat9aged prem~ses. o~ ~ny part thereof, becomes wstd in a p~rwn otiNr than th~ MORTGAGOR, tFw
:'.OR7GAGEE, its succeuxs and sss~gns, may, without rwtice to the MORTGAOR, deal with such sucusfor ot sua~ssa in inlqql with refennct fo thin
mo•rgage and the debt hereby secured in the same manner as wifh Mortgagor w~thovt in any way vitiat'ag a d'~atMr9irg fhe Muty+pon' Wbility h~r? ~
~-:der w upon the debt hereby secured. No sale oF the prem~ses hcreby mwtgaged ~nd no fwbeara~u on tM put ol th~ MORTGAGEE w in svccessws
cr ass~gns and no e:tension of the tim- s^- +!r_ gss~r:t~: of t':a debt hereby secure.'. ~::an by :!:e MORiGAGEE or in sucoessws or au~yns, sha~~ opa~t~
ro reieau, distharge, rtwdify change or affen the original liabiliry of the MORTGAGOR herein, either in wtale w in part.
10. It is spec~fically agreed that time is of the eaunce of this contract and that no w~iver of any oblig~tion ha~under w of th~ oblipatan N-
c~red hereby shall at any time thereafter be held ro be a waiver of the terms hereof a of the irutrwnent aecvr~d Mrby.
12_ lo add~~,o~ ro the {wego:ng manthlY paYme:~ts of princ'pal and interest required by the p~omisfory nWe secvred hereby, morty~gOt tovae+nb
agrees to pay to mortgagce with each moothty payment an addirional sum estimated by mortgagee to b~ eqwl 10 1~12 of the annual tost of th~ fdlow-
~:g:
A-All real property taxes levied or assessed against the above desu3bed real estate_
B-P~emiums on fire and windstorm insurar.ce as ixre~n requ~red to Ix wrried a? the ~rt+provemerts sitvatt on the above destribed pnteiut~. ~
i C-Premiums on such morigage guaranty insurance as mortgagee shall from teme to tin~e deem fit to tarry oe the ban sstur~d hereby.
I Mlortgagee sha!I from time to time notify mortgagw in writing of the amount due and paysble haeunder and such wm sMll fh~rwpon b~ dw ~nd T
I ; 3.: abte on tF~e due date of the ne:t mon?hly payment and each successive month thereafter urtil mwfgagee ~hall eotify mortgagor of ~ thanp~ in such ~
! - ~,,nr. Such sums shall be applied by mortgagee toward the pay~nent of real property taxcs, insursnce prem.ums, and mortps~e puaranty insuruKt
F
( :>-emium5. _ t
" IN WITNESS WHEREOf, tF~e said MORTGAGOR has hereunto set bis hand and seal the day and yNr f' ~fw~said. ~
Sgned, Sealed snd del' ered ',be ptesence of: . :
.P v _ - n
• ' ~ ~f :
~--n
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~ST;.;E OF iIORIDA t -
} S$.
`~~~,n ~ St. Lucie i
~fa~ ,ne pe.,a„~~r ~.ppea~~a - Hovard F. Hoire ,,,d _
Lueille M. HONe ha w~te, to ~rie welt known a~d kiwwn ro me to 1»
;h= ind~ridwb described i~ and who executed the foreyoing instrumer?t, and acknowledged before ms that tF~ey exea+ted the same fw the pvrposas
therein e~tpressed. Ar~d fhe ssid L11C~Lle M Hoxe
..;{P of the said Ho~erd F. ~Olie ' , vpon a aeparate ~nd priv~»
•_=am;nat~oo by me taken uparate and apart from her said husband, ~dcnovrledged to and befwe me thaf she executed said irotrumanf freely and volvo-
~ar~~y and without any compulsion, cw~straim, apprehension, or fear of a r.«~, ~~a ~.~a. 66
WITNESS my hand and official seal this 7~ day of D cember A. D. 19
- . Notsry ublic in and for the St~te of florida ~t Luy~ -
~ My Cornmiaion ~xpires:
Retum To: ~ s':.i.•; ` .
' ~
Ffrst Federsl Ssvirgs b:oan Association ~S'!fr P~1[. ~it! O~ AOfldi it
~A~t =oaiwissios E:piros Sept. 23, 1969
Of Fwt P~e:ca - ~ ~ ' .
~ : v-`• M~M/ b A~M in i G~wl~ Cw
fon Pierca Florida EO •t.
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FILED AND RECOR _ . -
T. LUCIE COUNTY. : y :
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F.~C(`: 0 `p ~ J
?~p . t~ ; , ,
150 - ~ : - -
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~ ~ , s~~ I 3 P~ • - ;'ti
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- , i;.~;- r~i,,i'~y0l1rZT '
CLERY. C•ftCUt7 C „ ;
,
BOOK161 PA ,
, ~E 59
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