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To p4c~ u~d aonti~wov~lY i~e~P on tM buitdups ~ww a hKtaft~r ~~us:~ on sald land and on all eguipmeM ~nd Peno^~~b ccvKSd br tAit enwq~
,go. wi~A ~N pn~niwna tc~Nwn pr d in f~~l, f'ut insv~anc~ ~n ?M uswl sur,dard pc,t~cy fonn, in ~ swe ~pptowd by tM A+~ORIGAGiE. and wirdtrorn?
insw+na M tM vswl ~~u.dud pol~cy (am. in ~ w~+ +pp~o•ed by ~M MOdTGAGEE. In wch comW^Y or .~mP+n~s a~M MOAiGAGiE nwy
d~rectj ~nd aU fin and windsto.n? inw~anu potkKi on any ef fOill bVildinQl. 1i1y ieUNMI fhlttlin O? piTt 1~NlOI, in tM aQ~~eQaro wm sfor~s+id or
In ~:qp Ilwr~of, sMll contain tM uswl uandud mae9e~ clause w such o~ht~ cl~us~ /M Monpagee m~Y nq~~n. a?+14+p Ih~ bss wd~ sa~d pdF
c+es. ~ach and ~wry. p~Ysbl~ w said MORIGAGEE as ~n iMeres~ may app~~. end each and ~ve~y ~ucA poi~cy shaii bs p~ucr.prM au p^~d ~"d d~livK~d ~o ~
any hNd by said MORTGAGEE as fwtlwr secwiry ro said mor~Qsg~ debt, ~nd, Mt Iffi thin IM IIO3 ~Yf ~n AdvdrKf OI TM ~Yj~+itiM ~7~f NCA pOliCy. ro dr i
I~wr ro~aid MORTGAGEE • ra+tw+l thsrwf, to~~ht: w~ih ~ rece~pt fw ihe prsr..iwn oi such rMew~l; and then shall b~ oo Fw• w winds~orm ir+swanu ~
plac~d on ~ny of said build'aqs, any intNnat tFwr~in or pu~ ~h~reof. unless ir tht fwm ~nd w~~i~ ~M bss payabte as ~tor~said; and in ~M wenr a~Y swn ~
of mo~y b.com~s payabl. w+d.r wcA po1Ky w polK~es t+~d MORiGAGEf sh+ll haw rM op~an ro~eceiw and apply t1?~ wn~ on accou~l of tM ind~bted~
neu s~cu~~d hN~by w w pe~mit said INOitTGAGORS Io reaeiw and us~ it a any put ehereo{ fw other purposes, wi~hout the.rb~ waivi~.g a~mpa:~
~^9 +^Y ~~t1?. ~i~n a~iph~ unda or by vinw of ~his mor~9+~e: and in the ~vent sa~d N?ORTGAGORS sMll fo. any reason f~il to kesp ~he said qsmiies w
insured, w,'~il b d~iiver prortplly ~ny of said policies o( inwrance to said MORTGAGEE, a fail promptly fo pay fully any premium ths~efw w in anY
reipect fail b pKfwm, d~scMr~, uecute, ~ffet4 compl~te, cornply wirh and abide by this covenant, or any put hereof, said MGRiGAGEE may p~+c~ +nb
PaY fa wch Lawanc~ o~ any put thereof w~~hou1 vraivinp w ~f(~ctinp +eY aP~~on. ~ien. eV~itY. a ri~ht und~r or by vwtw of th~s Matya~e. and tM
full ~mounr of txh and ~wry such peym~e? sh+ll be immed~ately dw u~d piyabb aod sh+ll beu interes~ from ths dat~ thereof until paid ~t th~ ra~~ oi
nine pK untwn pu annum and toga~her with s~rch intc.rst shall be secu~ed by tbe li~n of this mat~agt.
I. To pKmit, oommit or suffer no wut~, ir~irment w dcteriwation of s~~d p~opertp or any part thereof.
S. To p+y ~II ~nd sirqular th~ costs, cMrpa u+d expensea, includinp a reasonable ~ttwney i fee snd costs of sbstr~cts of titk, incuned w p+id at
eny tims by aid MORTGAGEE, because or ie th~ event of the failuro on the parf of ths said MORTGAGOR to duly, promptly aad fully paform, d~xh+rgR
execute, effect, complete, oomply with and ab:de bp each and every the stipulauons, agreements, condieions, and coven+~~s of said promissory ~ots and ~hii
mort9a~ anr or tither. u?d said oosts, chuyes and eapenses, exh and ~very, shall be immed~atcty due u+d pa~ s6.le: whether a no~ thxe be r.otice dr
mind. attemp~ to oollatt or suit penJ~ng: and the full amo~nt of exh ~nd every wch p~ymem shall bear in~erest from the date thcreof until pai~ ~t the
rau o~ nine pe~ antum per arw~wr~; snd all aaid costs, cFwrges u+d cxpenses incwred w paid. togelher with wch intarqt, sh+ll bs secv~ed by tM liao of this
mortpap~, f
6 Tlwt (a) in the event of any b~sach of this Mortg~ge or default on the put oi the MORiGAGOR, a(b) in the e~ro~t ~y of ss~d svms o( mo~ey
her~in rof~n~d ro bs ~ot ~rompt:y and fully piid within tlurty (30I d+ys next afre~ the same severally becans due and p~yabb. wi~houf dem+nd a norin.
cr (c) in tl~ ~v~nt each u~d every th~ stipvlatioe?s, agreemenn, conditions and coven+nb of ss:d promissory note and tA:s mortQ~ge any a ather ~ro nol
iuly, promptly end fully perfwmed, d7schar~, executed, eifecrrd, complcted, cor~pl~ed with and ~bidcd 4y, then i~ ~7~F~ w any svch evem the s+id a¢
pregat~ wm mMtia+ad in said pranissory note ther? ~em~inirg unpatd. with imaest acuued, and all moneys sec~red hereby, sMl! become due and p+y~
eble forthwitly p tI~ltNftN, at tha oprion of _a:d MORTGAGEC, ss futly and comple~ely as if all of the wid swna of money vrere origiMlly stipulated
to b~ paed on such d~y. anythin~ in sa~d promisswy note w in thn M«tgage to the contr~ry notwithstand~np; and thareupa+ a thereafter a~ •he opuon of
se~d MORTGAGEE, wlthout notin o? demand, wit et law o+ in sqvity, therdore cr thereaher begun, mar De p~osecuted u if dl naneys searred hereby _
hed TatYfld PflOf 10 i1S IMtifYtlOfl.
That io th~ event that at the beginrring of or st u~y tlme pending any wit upon this Mwtyage, w to foreclos~ it, a to refam it, or to enforo~
payment of any d~rns M.-ew+eier, said MORTGAGEE shall apply to the Court having jurisdictwn thereof for tM appantment of s Receive~, s~xh Co~M sh+ll
forthwitA ~ppoint a receive~ of si mort9aged prc+perfy alt snd sirgula?. i~cl~d~ng a11 and singulu the income. prolits iuws u+d reven~es from whatever
~ou~ce derived, ~sth ~nd ~wry o~which, it beiny expressly understood, is he.eby mor~gageJ u if spec~fically sel fath ~nd dcwibed in the ~r~ntirg and
habendu.n clavses h~reof, N+d ~uch Recaiwr shall have all the broad and effecrive f~nc~~ons u+d powen in anyw~se entrusted by + Cowt ty a Receiver, ~nd
:~ch appointme~t shall !x ma.le by suci~ Cowt u an sdmined eqvity snd a matte~ uf absdute ri~ht to said MORTGAGEE, and withoul refer~nte fo tM
edequacy a in~deqwcy rf rhe wlw of the p.operty mor~gaged or to the sa~vency or ~nsolvency of s~id MORTGAGOR or the defendants, and that such
renr~, profin, income, iswes snd ~evenues shall be appl~ed by such Recciver xcord~ng to the I~er? « eqvity of said MORTGAGEE and the practice of svch
Court.
8. To duly, promptly snd fulty per(om~, discharge, execute, effen, complete, comply with and abide by each uid every ths stipvlatioos, sgreemenb,
conditans and !'ovenanb in uid promissory note and thia mutgage xt fwth. ~
9. That in rhe svenf rhe owr+ership of rhe morrgsqed pre~.:f.s, w any pa.t thereof, becomes vested in a person oMer fhan rhe MORTGAGOR, the
MORTGAGEE, its wccessors and suigns, may, without oo~ice to the MORTGAOR, deal wiih such successor a wccessw in interesf with refcrence ro this
mwtgape u~d the debt hereby secwed in the same manne~ as with Abrtgagcr without in any way vitiatirg w d~uha+9i~g tha Mortgagws' liability htrr
unde~ w upa~ 1M debf hereby secured. No sale of the Fremises hereby mortgaged and no fabearance a+ Ihe part of the /AORTGAGEE w its succeswn
or a:signs and no extensian of the time for tfie p~yment of the debr he.eby sccured given by tf+e NIORTGAGEE a iri successors or ~u~gns, shall operats
ro release, discMrye, modify change or affeq the wigirwl liabiliry of the MORTGAGOR Ixrein, either in whole a in put.
10. It h specGficalty agreed that time is of the esscnce of fh~s contract ~nd tMt oo waiver of any obl'gafion hereunder w of ths oblisatio~ se-
cured hereby shall at any time thersafter be held to be a waiver of the terms hereof w of the instrument aecured herby.
11. In add~tion to the forego:ng monthly payments of p.inc'pal and interest required by tlx prom~ssory nore secured hereby, mortgagor covensnb
and sgrees to pay to mortgagce with each ma~thly payrnent an addi?ional sum esumated by mortgsgee to be eqwl to-1/12 of the annual cost of the fdlow-
ing:
A-All real property taxes levied or assessrd against the above desuibed resl estata
B-Premiums on fire and windstorm uuurance as herein reqv:red to be ca?ried on the improvemeats situate on the above described premises.
C-P~emiur.ns on such motfgage guaranfy inswance a: rtartgagee shsll from ume to time dcem fit to qrry on the loan secured he?eby.
~ Mortgsgce shall from time to time noufy mortgagor in writ~ng of the amount due and payabk l+creunder a~d such wm shall thereupon be due aod
Fayable on the due date of the next monthly payment and each succasive month thereafter ur.til mwtgsgee shall notify rtartgagor of a chsnge in such
amo~M. Such sums shall be applied by mortgsgee toward the payment of real property taxes, insurance_ prem:ums, and mortgsge gua?~nTy inwrente
oremiums.
IN W E ssid MORTGAGOR has hereunto set his hand and seal the day and yeu fint aforesaid.
S' d, iv~?ed in the prese~ce of:
Ann Ki er~ ~ ~
s Ilgle 8du1 (Sary ?
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STP.?E OF FLORIDA ~ ;
CoUnrttr oF 7.t~~i c~ ~ 3
eeforo me persa~ally appeared Mf,~~fiZ'o Ann Kinggr~
_,.r
Qi_n~ZB~_ -awi
_ -bi~riwf~ to me well known and known to me to b~
the individwb-desvibed in u+! who exetuted i'ne iweyang instnxnent, and ackiwwkdged before me that ~eT executed the same for the purposes
Iherein !xp?Mfld. ~11wi~tlwMJ - -
w+f~ ~i-!Iw-~ii - ~ rP~n-~s~?ir+t~ and~r'wab
aiaciinatior~6y~+~e~ak«+.a~parMa ani ~M~? i~~- Mew »i~-~rsrawdr ~d.n~v.l~ +a,~wd~ Yeiore-me-drt-s1+ra+cecwed~~id~i~a~+e~+eM ~reei~r-swd-v~lw~-
tari~y~a~d.witl~iL arqr •~ow~lsi~wr t~wMMiM~-a~rel~awsio~t~? ~e~'~ erf~o~+tircr-iaid-Mea~saf~
WITNESS my hind and official se~l th~__~~~ TL day of A. D. 19~_
Notsry Publ' n~nd for the State of ~brida at Large
F My Comrn" expires:
Return Ta. -
F;r:t Feder~l Savirgs a~wo ~ar~«+ ,..,,:~~~e~i~;~.~ na~?Y Putrric, StatQ ot
S~yi, MY Commiss~on Ex ;~'~de at 1„~
Of fort P7erce. • p res A ~
• : • 8onded 8Y Am~ncan ~8' 6 106
Fort Pierce. Florida . i`J~~~'~~~•••••,~ SuretY CO. Of (y. Y.
= c,~EG AND R=~~Y~FLp, ,c ~i
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nt~ v ' ~ pt,l 3 ; '13 Q~~ : = - .
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~ ^ 1508~
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