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To plat~ and contkwousb kNP on tM buitdinps raw w M~~aha utwh oe~ said I~nd ~nd o~ ~11 equipnNM ~nd pKwn~lly oownd bl? tNt ~a~¢
~y~. with all prtmiums the~eon p+~d in fvll, fir~ inswance in tM uswl itandard policy form, in a twn apPruwd b1? tM MORTGAGfE, and w~~~n
insur~np in th~ ~nwl a~aodard poiicy fam, in a sum approved by tM MORTGJIGEE. M wch caeWnr or oon?P+~i~i a 1M MORTGAiGEE may
dirM~ ~nd ~I) f~~ and windswrm ir?turanc~ poiicie~ on ~ny of s+id buiWwgt, ~ny Mt~?at tMr~M o~ pM th~r~of, in tlN apprp~N w~w afonNW a
In ~xaa N~wf, shall oont~in tM ~nual iundud mor~gages clwa a iuch aha tlx~ ~s tM Mortp~ m+y hquin. ~uki~p Nw los~ urd~ wid Pdi'
ues. ~ad~ and ewry, p+yabl~ a wid MORTGAGfE ~s ih intarest m~y ~pp~a~. and ~ach and ~wry such policy sh~ll b~ praeptN as:~d ~+d d~liw~~d a
•ny MW by s+id lNOR1GAGEE u funMr security to s+id mortps9e d~W. +nd. no~ Itu tMn t~n (10) daYs u+ ~dv+nu of tAe ~xpir~tion of Mch polity. b d?
liver ro said MORTGAGEE a ~N+ew~l therwf, rope~Mr wi~h a rscapt fo~ the prtmiwn oi wd~ reeew~lj ud tMn sMll M no fir~ w windirorm Insw~oa
pl~c~d on ~ny of said b~ildirgs, ~ny inte?eit therei~ w put the~eof, unless in the iwm u~d wi~h ~l+~ loss payabl~ u~fa~id~ and tn th~ ~wnt ~eryr swe
of moMr b~conws payabl~ undsr such policy or polKies said MORTGAGEE shall haw ~h~ opran to naiw ud ~pphr th~ s+me on +coow~t d th~ fnd~bt~d~
neu s~cw~d Mreby o~ b permi~ said MORTGAGORS ro receiw and h w any put thereof fw othe~ pwpoNS, wifhout thK~by waivinp a im~b~
ing seY equiry. li~n w ri9ht u~de? or by v4tw of tF?is mortys~~: ~nd in ~M ~va?t ~aid MORT('sAGORS sMll fa ~ny n+~on f~il to k~ep tl~ wid p~?i~ w i
~nsured, o? fiil w d~liver pranptty sny oi i~ld POIiCiM Of i~swancs ro ssid MORTGAGEE. a fail promptly to pay fullr u~y pr~miwn tlwnfar a 1n a^y !
r~spect fail fo pNfor~, dsthar9e, exetut~, tffect, tompltts, tomply with uid abids by this tov~n~nt, or ~ny p~?t Mt~of, s+id MORTG/1GEE may plap and
Par Eor wd~ i~nurance or any part thereof without w~ivinp a aff~ctinp any opGon. ~iN+. ~4~+ity. or ?ipht ~ a by virtw of this /IAorq+qe, and tM
~n
fuli amount of each a?d eve.y such payma+t ~II be immediately dw and payabl~ ~nd slwll bsar inte.est from tM d~b thereof until piW at th~ ub ot
n~ne pa antum pK ~nnum and toyether with wch interest ihall be secvrcd by tht lia~ of this mortpap~.
4. To p~miit, oommit or wffe~ no wa~t~, unp~irment or deterioration of said ptop~rry w any puf thsrwi. ~
3. To p+y all and sie~ula tM costs, ch~roes ~od expenses, iexludinp a reasa?~bk ~ttorney's fe~ and aosri of ~Mtraets of titb, i~~xnd a p~td N _
eny time by said MORTGAGEE, b~caux a i~ the even~ of the failure on the pan of tM said MORTGAGOR to duly, pranptly and fully p~tioren, di~dw~
execut~, effect, complete, comply with and ab~de by ~ach ~nd every ths iupulatior?~ ayream~nn, conditiaw +~d oown+nb of wid p?omiawry eot~ and tha
mwtgaye u~y a ei~her, and satd costs, chupes and expenses, cach and every, shall b~ imr?»diateFy dve and P~yaWy wheth~? a not tAa~ b~ notia d~
mand, anempf to cotkct or wit pend~rt9j and rAe ful{ areo~M of each and every wch paymMl sl+all beu inr~nst fran tAe da» th~nof vntil pNd N th~ f
rau of nirn per centum per amwm; and all said costs, charges and expenses incurred w p~id, topNher with wd~ tnqtNt, ~MII b~ s~turd by tM INn of thi~ F
mort9a~.
b. iMt in the event of a~y breach of this Mortgaye o? defaulf on tFr psA of ths MORTGAGOR, o? (b) in tl» ~wnt an? of said twna of morny
herein r~fKtd to be no1 promptly and fully paid within thirty (30) days ntxt after the same sevetally bKpn~ dw and pay~bl~. wttho~t dun~nd or notiq.
or (c) in tM ~vent each aed every the stip~lations, agreements. cor+d~fans and cown+nn of said promiuwy not~ aed Mis mor~0+pe ~M? w~itlwr an no1
iuly, promptly and fully perfamed, d~x!»rged. execvted, effected. ca»pkted, ooinplied with ae+d abided by. tlwn in ~ither w ~m? wd~ tv~nf tM sid ap~
g~egate wm mentioned in said promissory note then remaining unpaid, with imereat accrued, and ~II mon~y~ Ncw~d. Mnby. sMll b~ooeN dw ~ed pay~
able forthwith, a thereafter, ~t the opr~on oi said MORTGAGEE, as fvlly and compk~ely +s if all of tht aaid au~s of eno~y wen aipinNly ~tipui~t~d
to be pa~d on such day, anyth~ng in said promiuory note w In rh~s Maryage ro rhs contruy notw~~hst~ndinps and thu~upon o~ th~nah~r at t!» option of - ~
se~d MORTGAGEE, without ~?tice or dem+nd, iuit at law or in equiry, tlxrefae or tlwreaftK ba~n, nwy b~ prowwt~d a lf all natwy? Nwnd h~t~by '
had rtatwed prwr to in iratitution. • ' _ ~
7. TAat in the evcnt that at th~ begineing of w at sny time pending sny wit upon tbis Mortya~, a to ~onelw~ h, w to r~tonn h, w b~nfwa ~
payment of any d~ims hereunder, said MORTGAGEE shall apply ro the Court having jurisdiction therwf for th~ appointm~nt of ~ RtaivN, wch CouA sM~l ~
Forrhwith appoint s raceivar of uij! mort9aged property all and singvlar, includ~ng all and singular 1M inoony, qqfiM, iuwt and ~tv~e?w~ froen whatwN
cource derived, each arid ev r+g pr Y by 9sg ~peci ly~iet lorth'~nd dMS/~d in thi pnn ;
ery of which, it bei ex essl ~nderstood, is here mort ed as if fiul ~p +~d
habendum dauses hereof. and sueh Receiver shall have aIl ~he brosd and effective funu~o~+s and powtn in ariywis~ eetrwi~d by ~ Cowt tp ~ R~aivq, ~nd ~
such sppointment sl?~11 be made by such Court as an admitted eq~ity snd a matter of . absolute ripAt fo s~id MORTGAGEE, and withouf nf~t~no! b th~ ~
adequxy a in~deqvaq of the value of the property matgaged u to the sohency or insolwncy of wid MORiGAGOR e~ tM d~f~dsntf„ ~nd tlut wd~ ~
ren~s, profib, iocome, iuves and revmues shall be applied by such Receiver accordinp to the lien w pvity of s~id NWRTGAGEE and tl~e puttio~ oi wth ~
CouA.
8,_To duly, prompNy and fully pcrform, d'~scharge, execute, effect, compkte, tomply with and abid~ by iath and ~wry fh~ stipulatioro, pnMrwnl~, ;
conditions and coven~nts in sa~d promissory note and this mwtgage set forth. ' ~ ;
9. ihat in the event the ownenhip of the mortgayed premises, or ariY. Wn N~ereof, beoomes v~shd In • p~rwn oth~r NNn th~ MORTGAGOR, tM
MORTGAGEE, its succeuors and suigns, may, without notice to the MORTGAOR, deal with such sutt~uor or ~uoaator in int~r~tt with ~tf~r~nt~ fo thb
mortgspe and the deb~ hereby secured in the same•manner as with Mwtgagw without in ~ny way vBiatGg or distlwpinp tM Mort9apor~' li~bllity I»n~ j
under or upon the debt hereby secured_ No sate of the premises hereby nw~tgaged ~nd no fo~bsu~no~ on th~ part of th~ MORTGAGEE or its woces~ors +
or assigns u~d no eztension of the time fw the payment of the debf hereby secured yiven by the MORTCaAGEE or iri suaoessors o~ wipn~, ahdl op~wb ;
ro releue, dischar9e, modify change w affca the wiginal liab~tity of fhe MORTGAGOR herein, sither u~ wFwl~ w h put. ~ ~
10. It is specificatly agreed that time is of the essence of this contratt and tl»t no waiwr of any obligdion Mr~unda or of th~ oblipation N~ '
cured hereby shall at any time thereafia be held to be a waiver of the terms hereof or of the irotrwnsM s~cw~d M?by. j
11. In add~tion ro the (orego:~ monthfy paymrMS of prin~ pal and interest reqvired by the promisfory nole setured hereby, nwrf~apor OOwn~nh
and agrees to pay ro mo~tgagee with each monthFy payrnent an additional :um estimated by mytgpee to b~ equal t0 1/12 of ths ~nnual Oo~t:of tFN follow-
ing:
A-All real property taxes levied a assessed agai~st the above described real estate.
B-Premiums on fire ~nd v?indstorm insurance as herei~ requ~red to be carried on the ~mptovemseH situaf~ oo fM ~bov~ deKrib~d prNniNS.
G-Premiums on wch mortgage guaranty insura~~ce as mortgagee shall from time fo time deem fit fo urry on fh~ lo~n s~tur~d henby.
j Mortgagee shall from time to time notify mortgagor in writing of the amount due and payabk 1N?eunder Md futh wm sMll thKlupOn b~ dW ~nd
i payabfe on the dve date of the next monthly payment and each wccessive month thereafter until morfgspe~ shall nofify morfgagOr of ~ thanps M such i
C amount. Such sums shall be applied by mortga~ee toward the payment of real property t~xes, ir~~rance premi ~nd mortpap~ puuMfy (nwance ~
~ premiu ' ~ i
WI7NESS WH , the said MORTCaAGOR has hereunto set his hand and sesl fhe day and year fint ~for 1
led nd li in the•presence of: / - j
r q ~
n..q ~
~n
STATE OF fLORIDA ~
st. Luai•
courmr oF
defore me personally appeared L llis Betba_ g xidotr ~
F~Is~ife, to me well known aad krawo to me to b~
rhe individw described in snd who e:ecuted the foregoing instrurtrcnt, and acknawledged before me tMt t~~xewted ths ssm~ for th~ purpoNs
Oll
?herein exprested. MIIl~ilMrs~~
~1fr~fl~w~a ~ s~wr~p~M~w~i?riwtf
.aa.~atioaliorriy+w~.hi~w.~~N?~wi~r?(rw~rhe~widi~wbswdr~dvieMi~dget?~v~ewd•b~feA~rw~l~sl~'~111r~1tatolyd~sakF~in~tten~Rtiw1~'~nd"~o10rr ~
1+~v.aocLvrtbor6. a~. ~+isi~wn ~owstaiwA•a'p~swM " {s~r..oi ~fwiw wid~iw~wir ~
WITNESS my hsnd and official seal th' ~ dsy of ~ Q ~ 19~ ~
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' j sry Publk in ~nd fa t!n Sfat~ o~~~~•/1~ .
. / M,, c~,~~..~, . 4 `6 Il ,
Retum Tw ~ ~ , c, , :
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Fint Feder~) S+vings b loan Assotiafion / : ~ ;-~ri: d'~~L
Of Fort Pierce. F~ ~ = •s . • + } t"~ : ~
Fwt Pierce, florida
ST, ~EO D RECO ~o?Am? Pu~~~~~Q~f ~putGB
t?E~p~~ OVNTY F~A. Mr co~~eis~qfi-~;i~s ~vR.~~o~
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~ ~ ~ . a~K 166 ~ 2357. ~
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