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J. To pt~c~ ~nd contin~ovily kKp oa th~ build;~gs ~ow a hsreaftK ~Itw~s un ssi~ I~nd and ~+n ~II eqot~m and p~rsanaty ccva~d by this nwr~¢
p~, witA ~11 premiwrA thrrr~n pud in futl, {'ue inswanca ~n ~!v uswt uudud poticy fwm, ~n • sun? app~ov~d Sy ~M AWkrGw~:EE. ~nd windttorm
~niwanc~ in ~M vswl s~sndard po~~cy faia. in • ~um ~pprored ~y tA~ MORIGJ?GEf. ~ wcA canpany w canpan~~s as t1w MORTGJ?C,EE nWy
du~ctj and ~II f'u~ ~nd w~ndsa.en ~ntiwana poiK»~ on u?y o( sa~d bu~ld~np~„ any inn.rs~ tha«in w p+rt tMrwi. in tM pq~e~~~ w~? +iorss~id a
In u~cess ~hsr~of. sh+ll contain ~k usua! sur?dar~ a+orrga~ cl~~se w iuch at~ clwse +s tl+~ IMonp+~ m+Y ?M~+Ka malinp N» loas un~Mr said pdi~
ci~s, ~ach and ~vtry. paYaWe a i+:d MORTG!?GEE a en ii+~e+eat may ~p~r. and each and ~vM tucA pol~cy sh~ll be prompuy ass:9ned and dttivaed ro
~ny lu:d by ~s~d MORTGwGEf u fw~M. iscu~~ti ro aacd n~a~yap* d~W, and ~ot Isss tlw~ ~e~ (101 d~yt in advanc~ of tht ~xp'u~tan of ~ach pollcy, to da
I~w~ to aiJ MdRiGIIGEE a raeew~l ther~of, top~rl~ wirh ~~ec~:p~ fa tM pemiwn of wch ~Nxwal; u+d ~~e.e ihall b~ no f'u~ a w~ndsro.m inwr~nc~
pl~ced on ~ny oi said build~~qs. any inrc,est Merw+ w pu~ rhe.eof. vnt~u in tM fomi and wi~h ~he lou parabte u ~fa~se~; a.d in ~I+~ ~va+~ ~ny w~n
oi n+on~y becorews p+y+bM w~de~ wd+ policy a polwi~s said MIORiGAGEE sh~il Mw rh~ opt:on ro nesiw and apply th~ sa~n~ an accou~N o1 ~h~ indeb~ed~
neu secur~d hereby w q peimit as~d MpRTGAGORS ro recav~ and us~ it or a~y put flxreol fa otF+e~ purposcs. w~~hout ~fie~eb~ walv~ng a wnpair-
iry ~ny pu;ty, li~n o. r~y1?r uncls. w by vurw of ~h~s mosrp.~r, ~rd 'w~ d,. ~vem w~d MORTGAGORS ~I+•il fa ~ny re,~on f•~1 ro k.ep rh~ saki p~m~ui so
~niorcd, w i~il ro d~liwr P~a^+P~+Y any of aaid polK~es of insunnce to sa~d MORIGAGEE, or f~~l P~~Ptb b WY fvlty ~~y premiwn the~efo? a in ~ny ~
resper iail b pa(ccm, d;scharg~. e:ecua. ~ffM. canpl~t~. comply witA and ~bid~ by M~s covenant. or ~ny par~ Aerso(, said MORTGAGEE may plx~ and
D+r for s~ch irawa~ct w My pwt ahereof wi~hout w~lvinp w ~ff~cN^0 +^Y oP~~. ~~~n. aquwty. w.iph1 w+der a by virtw of rh~s Mort~ape. and 1M
full ~moun~ of sach and ~wry wch payment skall b~ imrnediately dus aix~ p.yabl~ and sh~f! beu imKe~t from tM date thereot until paid a~ rM raN ot
n~~e pe. csmvm pe. an~w~n and to9e~he. w~rh wcA interesr sh~ll b~ secu~ed by tM lien of this n.or~yage.
To permit, oorrw~wt or wffer no wue~, imp~"ument ar ders.iaation af said p~operty or any p~rt the+eof.
S. To pay alt and ainput~r the.costs chupes ~nd expensea. inclvd~ a ~eatanab:~ mwrKy's fee xd co~n of ~bst~acts of titts, incuncd a paid
~ny tima by si~d MORTGAGfE, bec+us~ or in tM evant of Ihs fa~lwe on the part of tM said 1NORTGAGOR w duly, p~omptly ~nd fvlly ptr(onn, d~uhary~,
execv~~. ~ifea. compk~e. co~np!Y wirh aed ~b~ds by exh ad every ~hs srip~lauons, agreemer?n, cw~dirions, ar.d oovenany of said pomisso~y rq» ~nd tFu:
mort4ap~ +nY o~ ei~hcr. and sa~d costs, chuges and ~:pe~ses. esch and every. sh~ll be urrncdN~ely dw ~nd payabk: whcthe~ or not ther~ b~ nor~ ds~ •
mand, anempt q colkcl a wit pend~ng: u~! the full anww» of sxh and eve~y svch psyma+~ sMlf bea. iroerest from the date tlKreof u~til paid at rhe
ro~e of niew o~r untwn pN anwn4 and all said eEsn, charQes u~i exptn~e~ intwred w paid. top~ther with sucM int~~~st~ ahail b~ s~cur~d br th~ Iwn of thii
, .
b. Tha1 (s) in t1+e event of any bresch of this Morrysy~ o~ d~fwlt on ~h~ pan of the MORTGAGOR, w(b) ;r? the evem ~ny of saed wms of ewney
he~ein refared to bs „o~ P.o~rN .~,d fviry a.;d wiehin thiry (~G: day~ ~eat afre> >he same xvaaL'y becane due ~nd paysblt without dem+~nd w notice,
o~ in tl» w~r~t each and ~ve.~ the uiputations, ~gra~mcrts, condiriorn and coven+nq of sa~d prom~ssory note and th:s mwt~s9e any a ei~her u~ na
iu1y. prompdY and fvlly perfwmed. d~xharged, execvted. eifected, completed. compl~ed wirh ~nd ab~dcd by. then +n eitlie~ a any such ewat ~he ~aid ag~
flrega?+ swn m~n~ioned in iaid pomissory note fhen ransinirg unpaid. wi~h interss~ acuved, ~nd all r.wncyi secwed hereby. ~11 become dw and p~y.
•~!e fwthwith, w thercatter. at the option o( said MORTGAGEE. u f~lly s~d completey ~s ii ~I: of the said sums of enoney we~e ori~in~tty s~~pul~ted
ro be w~d on such day. anything in sa~d prom~ssory nota a in tha Mortg~ge to the conrrary notwithstanding: ~nd therevpw~ w thereafte? at the oprion of
•a~d MORTGI?GEE, without notice w demaod, wie st law or ir eqvity, there(ore or there~fror bcpu~, may be proseco~ed as if d1 eaneys secwed hereby
had matured ptwr lo ib institutia?.
7. Ti»t en tM evenr rMt ar rhe beginnir.r of w at any rime pend3ng soy wit upon t6if Mortgage, w ro faeclose it, or to reform i~, w ro enfwc~
payment of any d~ims hereunder. said MORTGAGEE shall i~IY 10 fF1! COU?1 FNvi~19 ~Vfildi~li0f1 1F~@ftOl fOt II1Q aPppf11rt1lR/ OI i RKlIVlf. wcF? Cowt shall
fortfiwith ~~point a~tceiver of said mort9aged property ~!1 and singvlar, inctud~ng atl and si~gulu rhe income, proiits. iuues and ~evenucs frpn wF~atever
wLrce derired, each as~d e~rry of whKh, it bcin~ expressly w~derstood. is hereby mortg~ged ~s if spec~fically set fa~h and dewibed in the ywntinp and
habernl~rm clavses he~eof. afld tuCl~ RKlivK SAi1I INV! ail ~he boad and effecrive fvnct~ons and powcn in anyw~se entrwted by ~ Cpy?t t0 a RKCivN, ard
wci+ sppo:ntment shaU be made by wch Cowt as an admitted equiry and a matter of absolute right ro said MORTGAGEE, and without ~e(erence to ths
adequaty or 'wydeq~acy of the wlue of the ptoperry mw~9sged or lo the soiveocy a inwlvency of s~id N10RTGAGOR w the defendants, and tMt such
ren+s, profits, income, is~~es ~d revem~ea shali be appGed by such Rece~ver accord~ry to the lien a cquiry oi sa;d MORTGAGEE and the pract~q of sucA
Covtt. j
& To duly, promptly ~od tully per(wm, d'ischargs, execute. effect. complete. comply with ~nd ~bide by each and every the stipulatioM, sgreements, }
conditions and covenants in sa~d promiasory note ar~d ~h;s rrwrfgsge sd forth.
9. That in the everet the ownership of ~he mwrg~ged premiscs. or any part the~eof. becomss vested in s penon other th~n the MORTGAGOR, ths
MORTGAGEE, its succeuws and ~u+gro, may, w:thout notice to the MORTGAOR, dea! w~~h tuch svccessor a wccessor in interest w~th refetence to this
mwrg~ge and the dcp~ 1~cbr secwed in the same manner as with Morrg~gor without i~ any way viriatirg or distharging the Morryagors' liability hcae- {
u~de: or upon the debt hereby secwed. No ssk of the Fremises hcreby mwtg~ged ~nd no fabear~~ce on the psrt of the MORiGAGEE w iri succason
o. auigns and no eatension of the ~ime for the payment of the debt he.eby secured yiven by the MORTGAGEE or ih wccetsws w ~ss;gns, sf~sll operate
ro relcase, d~scMrye, modify cha~ge or alfect the wig~r.a! liab;t;ry ot ~he AA~RTGAGOR herein, eithe~ in whole w in put.
10_ It is spec~fic~py agreed ehat time i~ of the euence of ~his con:ract snd that no w~iver of sny obig~ta~ hereur~dtr or of the oblipa~ion se-
a.red hereby shatl at any time thereafter be hcld to be a waiver of the terms hereof or of the ;rotrurnent secured herby,
I1. I~ add~t~ to the forego:ng mo~thlY paym.nts of prin~ pDl a:~d inreresl required by fM prom~ssory note secured hereby, mw~gsgex covenanh
~ and agrees to pay to mortgaqee witA exb monfhly payment an add~rionsl svm cst~~r.a!ed by mortgagee fo be eqval l0 1/12 of the annwl cost of the follow-
i~9:
A-All real property tsxes levied or assessed against the above descr'bed r~al estate.
B-Prem7ums on fire snd windstorm ir.swsnce ~s herrn rcqu~red to be urritd on the improverae,nts tituate on the above desaibed pre~i~ises,
C-Prem;urns on such mwtgage gwrar?ty insurance ~s mo~tgagee shali from t~me !o time deem fit to carry on the loan sec~red hereby,
Mortgsgee sha~l from time ro rime notify morrgagor i~ w~;ting of the amount due and payable herevnder ~~d such wm shall therevpon be due and
payable on the dve date of the next ma~thly payment and exh svccessive monfh fhereafter urtil mortgagee shall not;fy mo~tgagor pf a change in wch
amount. $uch sums shall be applied by mo?lgagee toward the payment of rea! preperty taxes, inwrance prtm:ums, aod moctgag• yuarany ~nswance
p~em"~ums.
I ITNEaS WHEREO ~ uid MORTGAGOR has hereunto ut his hand and seal the day and yea~ fi~st aforssaid.
~ ned Se kd snd e1; ed ' she p~esence of: ,
~
a~
•n
~
- ~n
~TATE OP FIORIDA ~
courrr oF St _ L.tri~
8efwe ms personslly ipprared D a v i d M. F e e
a~+d
Ma ry i, ~'p g his w;fe, to me well known snd krawn to me to be
rhe irdividwts described in and who executed the foregoing ;~strurnent, and acknowtedged before me that they executed the same for the purposes
Iherein expr~_ /~J ~~~d Marv~ r' e6
w, re of ti,. _ D a v i d M. F e e ~ ~rv~~~ :
ex~minafan by me taken ~:pxate and apan from her sa;d husbar , scknowleclged to and before me that ahe executed said instr~xncnt freely ~nd volon.
ror~ly and w~thout aiqr compulsion, constraint. spprehens~a+, or of or from her ssid husbend.
WITNESS my hand and official seal thi: ~~y of A, p. 19~2
~ p~1, ~
Notary Publit in and tor the State of fiorida at lstys
Retum To: My Commisian expires:
firsf flderil Savingf R lOit~ /lsfociafion ~{p~~ ~d, ii~:: . :t _~"C_E
ar Fw~ P~~.«. ~a,,.yss;q. Expires No.. 3. 146~
fort Pierce. Flwids ~b.e~d h Ao..~u. iiw a 4~NS. ~w.. .
Np aEC~R~E~ ~ .;;~,t::~;;.`".•.
A COU?~T ; ~
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