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S. To pl~q and oontinuot»ly ke~p on th~ buitdinps ~aw a hNeaftK situ~N on s~id bnd ~nd on ~!1 equ~nt M+d penonally oovM~d by this mw1q~
.g~, w!t!+ dl pNni~rr?a tiurwn p~id in fv11, fin insu~~nu in th~ uwal srudard policy form, in • awn approwd by tM MORTGAGEE. a+d wind~Iwm
In~w~np in t!» uswl ir~edwd poliey form, tn • wm approved by tM MORIWIGEE, in wch eomp~ny w oaep~ni~s a tM MORTGAf'sFE enay
direcq ~ed ~N iin u~d wi~dawnn ieewana policie~ a? My of s+id bulld~np~, unr intK~st tF~eie a part tMnof, h th~ +p9rp~t~ swn afonsaid or
In ~xoMS th~nof. sMll oontain tM uswl standard m«~qayM clauw w such oths~ clain~ u tM Mat9sgN may rp~in. makirp tM Iwi v~ said poti~
ua. ~ad~ u~d ~wry. paYabl~ w uid MORTGAGEE sa ib inrarest may ~pp~a~, and ~ach and evary wd~ poliq a1+~11 be prompty ass:y~ed u+d d~liw+~d to
~ny Mld br ~aid MORTGAGEE N fu~thq ~stwity 1o Hid morq~ d~W. u~d, not bst than t~n (10) days in ~dvuxs of th~ ezpi~~tion of each polity. ro dr
livsr to Njd MpRTGAGEE • r~newal 1Mr~of, topetlw~ with a ~eceipt fo? tha premiwn ot s~ch r~r~w~lt ~nd iMr~ th+ii bt no fir~ or winds~am insuranc~
pt~c~d on a~y of said bulWinp~, any Fntsiqt tMr~in a put th~teof, unbu te tl~ fam and with 1l+~ bss payabi~ as atass+idj ~ed io tM wa?t any wm
of mon~y bapn~s payabl~ w~da yuch policy o~ pol;c;es wid MpRTGAGEE shall Mw tM option to receive and ~pply ths sun~ on accovM of tht ind~bted~
neu wcw~d hK~by p w p~nmlt a~id AAORTGAGORS ta reoeiw and va~ it or a~y parf thereof fa ofher purposes, wi~hou~ the.eb~ waiving w unp+i.-
~ny anY p~ity. IiNf or ripht ueds~ at by virtw of this mortyp~t and M tM tveM s~id MORTGAGORS sMU fa u~y reason fsil ro keep the ssid p?emaas so
~mured. oe bil b d~liwr pranptly ~ny of said policies of ieqwu~o~. to s+id MORTGAGEE, a f~il prompNy fo pay f~lty any praniurn therefw a in ~nr
re:psct fail b p~rfoml, discharp~, ~xtcvt~, ~ffsct, compl~ro, wmply with ~nd abid~ by this oovsn+M, or any p~t henof, said MORTGAGEE m~y pl~ce and
PaY ~ wch tnwranc~ or any p~rt tMrwf without wirvinp w~ffatlnp any option, li~, puiry, o~ ripht ur~r or by vi.tw of this' Mwt~aqe, ~nd tM
full amow~t of tach ~nd ~wry wch payrnMt shaN b~ &m~ediately dw and payabb and sl»ll b~u interast. frar~ th~ dat~ thsreof uotil paid at tM raq of
n~ne p~r antwn pK amum ud toyether with awh interest shall ba ~ecvred by tM tien of this mortpaps.
4. To pumit. aon+nQt or suffu no wast~. impairment or deter'ar~Yan of said p~operty or ~ny part therwf.
S. To pay all and sinpular tM cw», charpes u,d expeniea, includinp ~ reason~ble ~ttwney's fee snd oosn of ~bstr~cts oi titt~, incvn~d w paid a~
sny time by s~id IWpRTGAGEE, b~cause or in th~ ~vent of the fsilwe oe ths pan of tM said MORTGAGOR ro duly, promptly and fvlly perform, d~scMr9~.
•xecute. effscL tompl~t~, tomply with and ~b~de by ~ad~ aod ~very the stipulations, apreemena. conditions. and aownants oi aid promiuory note and thi~
mort9+9~ ~Y a~itha, and said ooan, chuyes ~nd expenses. each u~d ~wry, sMll b~ immadiately due and payaWr, whe~Mr w nor tM.~ be aotice d~
m~"d. ~t~empt 1o colksl or wit p~ndingt +nd th~ full amount of each and every wch paymem ahall bear inte~~s1 fran tM date therwf v~til paW ~t tM
~ere of nln~ per oentvm per ~nnum; u~d all said cosn. ch~rgea snd expenses incurrad or p~id, togstF~et with such im~r~at, alwlt b~ sttwed by th~ li~n of Mw
"'°rtp~,
b. i~t (a) In the ewnt of any breach of this Ahat9sp~ o~ defwlt on the put of the MORTGAGOR, w(b) in tM ~ve~t ~ny of said swns of mon~y
her~in rofe~nd ro bs not p~omptly a~d futly paid within thirty (3p) deys nexf afrer the tame severslly become due ae~d p~yable, without dema~d or norioe,
or (t) M t!r ~wnt ~sch and every the sHpulatioru, sgrsements, condilions a~d covenann of ~a~d promiuory note and th~s matpaye any or either u~ nol
iuly. Pro~~y ,,,d t~iy P..fo,m.d. dixharge~, executed, effeded. compl~ted. complied with aod sbided ~iy, then in eitl+K w ~ny such ~w~+t ths said ap~
preyat~ wm mMtioned in said promissory ~ote then remaininp unpaid, with interest acuued, and all ma+eyi secured. h~r~by, shall becane dw and p~y~
able iathwith, o~ there~fter, at tM option of wid MORTGAGEE, u fully and completelr ai if all of tl+e said s~nna of nwoey were wigirully stipulated
to be pa3d on wch dsy, aeythirg in said promiuory ~ots or in this Mortgsge to the contnry notwithstandinp: ~nd fMrwpon a thereaher at the optioe~ of
said MORTG/IGEf, witAovt not;c~ a demand, wit at law or tn equity, thcreforo or tMreafrer beyw?, may be prwecutsd u if ~II moneya sxu~ad hsreby
had matw~d pior fo ih it~titution.
7. That in th~ event thit at the begiro~iny of w at sny tims pending any suit upon this Mortg~qe, or to foreclos~ it, or to ?efwm it, w to ento~os
PaYn+t~t of +nY cla&ns hertunder, said JNORTGAGFE iha!) apply to the Covrt havinq jurisdKtion Ihereaf fw th~ appo~ntrnent of a Receive~, such CouA sh~ll
Farrhwith appoint a~ rsteiwr of si mortpaged prppery all snd singular, includmg all and :ingular 1M incom~, profit~, iu~res and revenves from what~v~r ;
sourc~ derived, esch ~nd ~very ~which, it '~eirg expressly unden~ood. is hereby mwrgaged as if specifiutly set forth and dexribed In the prantin~ and
habendum dauws hNeof, and such Rec~iwr ahall have +II the bro~d and effectivs fvrxtions and powe~s in anywisa entrusted by a Cou.t tp ~ Recaiver. ~nd
wch appointmc~t ahall be m+de by such Court ~a an ~dmitted equiy and a mitter of absolwe rigAt to seid MORTGAGEE, snd witlwut referanc~ ro t!»
edequacy or inadeqvacy of the wlw of fhe property mortgsged w fo the sonrency or insolvency of said IMORTGAGOR a the defendant~, ~nd that such
renri, profits, income, issues and revenue: ~hall be applied by iuch Receiver accordinp to ~he lien or equiry of taid MORTGAGEE ~nd the practia of such
Court.
8. To duly, promptly and fvtty perform, discharge, exacvte, effect, compkte, comply with ~nd sbids by each and every ths stipulaY~o~a, agreert~ents,
conditans and tovenants in said promasory ~ote and this mortgage set fwfh. ~
9. That in th~ event the orvnership of the mortgaped premises, or sriy put thereof, betomes vestd in • perton othx than the MORTGAGOR, th~ .
h10RTGAGEE, ks successon and auigM, may, without notice ro the MORTGAOR, deal with such svccessor w sucps~or in interett with rofcr~nte To this
morrgape ~nd the debl haeby secured in the same manner as with Mwtgsgcx without in any way vitiatinp w discharying the Mortqsgon' lisbility her~-
under w upon tM debt hereby secured. No sale of the premises hereby matg~ged ~nd no forbearance o~ the p~rt of the MORiGAGEf or ftt svcceason
o~ auegns and no extcnsion of the time fw the payment of the debt hereby sec~rcd yiven by the MORTGAGEE w ita_~~4essors or assyns, shall operat~ ~
ro release, dixh~rpe, rradify cMnge a affect the wginal liability of the MORTGAGOR herein, either in whole or ki ~part.
10. It is specifically agreed that time is of the essence of this contr~ct end tF?~t no waiver of ~ny obligation hereunder or of tlw obliy~tion sr
cured . he~sby ihall at ar?y time Iheseafier be AeM ro be a waiver of the terms he?eof a of the imtrvment secw~d he~by.
11. In addition to the forego:ng monthly payments of princ'pal and interest required by the p~omissory note secured hereby, mortgagor tov~nanq
and agrees to pay to mortgagee with each monthly paymcnt an addir'wnsl sum estimated by mwtgagee to be equ~l to 1~12 of fF~e annuai cast of fhe follow-
ing:
A-AI! ~esl prope»y tsxes kvied a sssessed against the above described resl estate.
B-Premiums on fire and wiodarorm insurante as Fxrein required to be urried on the improvemenls sitvate on the above desuibed premises. i
C-Premiums on such mwtgage gwranty inwrarce as mor~gsgee shall from time to time deem fit to urry on the loan tecured hereby, i
Mort ee shsll from time to time notif mort a r in writi of the amount due and pp~ a~ i
9~ Y 9 9~ n9 payable herevnder and such sum shsll thereu
payable on the due date of the next monthly payment and each successive month thereafter urtil mortgagee sh~ll notify mortgagw of a change in wch
amount. Such wms shall be applied by mortgs9ee toward the paymen! of real property taxes, insurance prem~ums, and mwtgsge guar~nty inwrance t
premiurtts.
IN N R the said MORTGAGOR hai he?eunto set his hand and seal the dsy ~nd year fint afwesaid.
ns liver in rM pr~sence of: ~Lv'L
f'_ h, Q P~_D,L- ~ °
T, , ~
~-n ;
.t.~
5?AiE OF fIORIDA ~ :
courmr oF - St _ Luci_A
- f
Before me per~o~ally ~ppea?ed William F MeCollum _
Graee E. MCCiO11UI11 his wife, to me we(1 known sr?d known to me to b~ ~
rhe individwb desuibed in ard who executed the foreyang instrument, and acknowledged before ms that they executed the same for the purposes ~
therein ~~.~,.d. ~,a ,t,. Gra ce E McCo l lum
w~r~ of - William F McCollum - ~
, upon a sep~r~te ~nd privaM
exemin~tion by me taken separste and apart from her said husbsnd, sdcrawledged to and before me that she executed said instrument freety and voiuo- ~
rarily end wirhovt ~rhr cum~xryion, tonstrain?, apprehenaion, or fei~ of oi from htr ssid husbsnd.
WlTNESS my hssd ~nd officisl seal this~ 3 B j~ day df Jenua r A. D. 19~.5~.
No ary Pubtic in ~nd for the Stste of Fforida at tarpe
~ t• ~ ~ i : ~u My Coa?rnissan expira:
Retwn Ta • ~ 7~~,, ;
First Federal Savr~q~ 3 losn Astotiation . , . ~ ~'i. ~ ~ 0~ '
~ ~ ~K• ~Ofldi it ~
Of Fort Pierce. . ~
: . ~ ; ~
• Fort aieru. ~ - ~L p : . ~sion Exp~es Sept• 23. 1969 ~
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SrT. WCIE IFI~b = : F" :_i ' ra ~ . '
RECORO VE~1 r :
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32 Y ~
.1'~~ ~ . . ,
~fi1 JAN 23 P„ •
~
itOGER i'O~TRA3~
C~RK CIFtCUtT ~0~; r
~ ao~ 16~ ~ 907. . - 1~
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