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To plau and continuously ke~p oe~ tM buildinps now w Mre~itK ~~u•r. oe s,~d iand •~d or a1l eq~tpm«n and pena+anr cova.d by ~hts ~+wrr¢ sp~, with ~II pr~mi~ma tMrwn p+id in full. fi~e insuranc~ in the uiual ~andard policy form, ~n • sw+n +pprowd by th~ MORTGAGEE. ~nd windttam ; (nwra~ In th~ wwt stand~rd policy fam, ln a ium ~pprov~d by ~M MORTGAGEE, tn tvch campany o? companies a tl+~ MORTGAGEE n?+y ~ dinct~- and--+II fin ~nd wiodsarm inwr~na policies on +oy of s~id build~nps, any im~rKt tl+~rein w paN thsrwf, in ~M ap9rey~a wm afw~aid a In ~xuaa ~herwf, shall contain tA~ uswl ~tandud mortp~p~a claus~ a tuch otF~ tl~us~ ~s th~ Mat~a~N m+y req~~~t. m+kinp tM loss undK uid po~~ I ciq. ~ach ud ~very. par.bl• ro aid MORTGAGEE ~s its lnterest m~y ~ppear. ~nd ~~ch and ~v~ry ~vch poliq ~hall b~ pranptly ~u:qned ~nd d~Iiv~red to ~ ~~y hetd by said MORTGAGEE ~s (urtMr securify to said matp+p~ d~bt, sed. f10f ~~N 1Mt1 1M (10) d~ys ln sdv~nc~ of th~ ~xpl~~tion of each policy, to dr IivN ro aid MORTGAGEE a r~eewal the~eof, to~edw~ witA + rcc~ip~ fw ~h~ p?~enlwn of wch renew~lj and then sh+ll b~ no fin a wiadstam Insura~+c~ pl~c~d on aey of said bvildir?y~. ui~ inte«~t thsr~in w pan therwf, wileu in tlK fon+i ~nd wi~h tM bu p+y~bl~ +s ~for~taidt +~1 U+ tf+~ ~v~nl •ny sum of mon~y becom~s paY+bl~ u^der wch Polky or p°lici~s s~id MORTGAGEE ~MII Mw ~M optan to receiw and ~pply tF~ ~an+~ oe ~ccount o1 tM ind~bted~ ; n~ts Ncvr~d 1»nby w ro pen+ut ~id MORTGAGORS to roceiv~ and us~ it a ~ny pa?t thereof fa other pu~posei, w~thout thareb~ waivi~y a impai~• i inp sny pu~ty, ti~n a ri~h~ vnder or by vinw of this mony+~~r +nd in tM ~v~m s~id MORTGAGORS sMll ta any r~awn i~il fo keep ~M said premises so iniured, or iail to d~livK promptly ~ny of said policies of insunncs ro Hid MORTGAGEE, a iail promptly to paY f~lty ~ny premivm thersfw w in any ~ r~~pat f~il io perfocen, disch~rp~. ~xecvte, ~ffed, complets, comply with ~nd +bid~ by this covena~t, or ~ny pan Iwreof, said MORTC,AGEE may pl~c~ and WY fa such inswar~ w~ny p~rf tMreof wiMout w+lvinp a affectinp ~ny optior4 e4~~h~. o? riyM under w by virfw of this Matp~pa. ~nd 1M fuil amovnt of each and w~ry such paym~nt sMll b~ i~rrnedi~tely dw and payabb and sh+ll bear int~r~st from tM da~~ therwf until paid M tM wt~ ol nin~ pM c~ntvm pa ~nnum ~nd togetha wi~h sucA interest shall b~ secu~ed by tM IiM of thia lnortpye. 1. To p~rmit, aomrnit or suffa no wa~t~. Gnpairment w detaioratan of said property or +ny W?~ thet~of. S. To p~y all and einpulu tM tosts. charpes +nd ~xpe~ses, includirg ~ re+wn+bk attorney'~ fee and coib of abstr~tts of titl~, incurred a paid ~t any tims by ~id MORTGAGEE, bec+us~ o~ in ths ~vent of ths failure on the pan of tM uid MORTCaAGOR to duly, promptly and futly periorm, d~scha~94 ~xsc~t~. effed. oomplete. comply with and abid~ by ~+ch snd every the itipuletions, ayreements, tonditia?~, ~nd oown+nb of said promissory oote ~nd thi~ matp~ any w~~ther, and s+id cous, cM~ges and expen~es, each and every. sh+ll b~ immedi~tcly due and p~yabk: whefh~r w not tMn be notice da mu~d, snempt ro colkct w wif p~ndirg: and tM full amo„nt of exh and wery wch paYment ~II be+r intereit from tM dat~ tMreof until paid at the r~te of nine per centum per am~um: +nd ~II said cdsts, cM~ges ~nd expcnset incu~red w p+id. lopether with wch interyt, slWll b~ sstwed by tM fitn o( tF~is mort9s~• d. Th~t ja) in the event of ~ny breach of this Mortg+pe or def~ult on the part of the MORTCAGOR, or (b) in the eva+t a~y of s~id t~ms of mon~y herein ~eferr~d to be not prompty ~nd fully paid wi~hin lhirty (30) days next after the same seve~ally become due ~nd payabl~, without dem~nd or notite. or (sJ in tM ~wnt exh and ~very the itipulstio~?s, ~greem~nn. conditiona and coveo+nn of sa~d promiuory ~ote ~~d this morf9ape ~ny w either ~r~ nol ~uly. p?omPtly and fully perfwmed, distharped, exetuted. efftcted, completed, complied with ~nd abided by, then in eithet p ~ny such ~wnt tM said a¢ p~esyat~ sum mtntaned in s~id promissory note then rem~ining u~paid, with interest xuucd, and all moneys secured Mreby. shall become dw snd pay- aWe forthwith, w theresfter, at the option of said MORTGAGEE, as fvlly and comple~ely ss i( all of the said wms of moeny wrcre ori~in~lly stipulated ro be paid on suth tky. anything in ssid promiuory note w in this Morty~ye to tF?e contrary notwithstanding; and the~eupon a thtmahe~ tl tM option of ! said MORTGAGEE, without noric~ or demand, suit at law w in puity, therefore w thereafter begun, may be proxcuted u if all montyt secured hereby i had en~tured pnor to ib institution. 7. TMt in the event that st the beginning of o? ~t ~ny time pending soy suit upon this Nlortgsge, w fo faeclosa if, w to refwm it, a to enfora payment of any cl~ims here~nder, said hWRTGAGEE shall apply to the ~ourt having lur~sdiction thereoi iw the appantment of ~ Receiver, such Coun sha11 fwtliwith appoint a receiver of said mortgaged property all and singular, inclvd~ng all snd singul~r the income, profits, iuues and revenues from whateve~ ~ source derived, eacF? and every of wh~ch, it beiry eiepressly understood, is hereby mwtgsged u if apecifically ut fath ~nd dewibed 'm the ~ranting and k habendum clavses hereof, and such Receiver shsll have sll the braad and effective functwns and powers io anywise enir~sted by a Cou?t to a Receive~, and such appointment shall be made by such Court as an admitted equity aod a matter of absolute right to s+id MORTGACaEE, ~nd withouf reference to ihs sdequacy or inadeqwcy ot the value of the property mwtgaged or to tF+e son~ency or insolvency of said MORTGAGOR or the defendants, and thst such ronn, profib, iocome, iuves and revenues sf~Il be applied by s~ch Receive~ accwd~np to ~he lien or aquiry of sa~d MORTGAGEE and the pradice of such Court. & To duly, prompNy and fully perform, discharge, e:ecute, effect, eomp~ete, comply with ~nd +bide by each and every the stipulations, ayreemen», condit~oru and coven~nts in said promissory note arxl this mortgsge se~ forth 9. TMt in the event the ownership of the mortg+ged premiset, w any psrt thereof, becon+es vested in • perwn other thsn the MORTGAGOR, the ? MORTGAGEE, its successors and suigns, may, without notice to the MORTGAOR, desl with such successor a wccessw in imerest with referance to this mort9sge and the deb~ hereby secwed in the same manne~ ~s with Matgsga without ln any way vitiating or dixharging the Mortgagors' li~bility hera ~ndcr or upon the debt hereby secured. No ssle of the premises he~eby mo~tgaged and no forbearance on ~he part of the MORiGAGEE w its successon , w auigru and no extens~on of ~he t~me for the payment of the debt hereby secu~ed yiye~r ~y the MORTGAGEE or its successors or au~gns, shall operats to release, dixhsrpe, n?odify change w affect the originsl liability of the MORTGAGOR herein, either in whole w in part. i 10. It is specifically agreed that time is of the essence of this contract and tMt ra waiver of any obligatan hereunder or of tM obligatan sr a,red hsreby shalt at any time thereafte? be held to be a waivd of the tcrrtu hereof a of the instromem secured herby. _ 11. In add~tion to the forego:ng monthly payments of prirK p~l and interest requi?eA by the prom~ssory note secvred hereby, mortgagor covensnts and agrees to pay to mortgagee with each monthly payment an addir'anal sum estimsled by mortgsgee to be equal to 1/12 of the annusl cost of ehe follow- ing: # A-All real property taxes kvied or assessed against the above deuribed real estate. ~ , B-Premivms on tire and windsto?m insurance as herein requ:red to be carried on the improvements situate on the above described premiaes. ~ C-Premiums on svth mwtgsge guaranty insurar~ce as mortgsgee shaU f~om time to time deem fit ro csrry on the loan secured Ixreby. , Mwtgsgee shall from time to time notify mortgagw in writing of the amouM due and paysble hereunder u?d iuch sum shaU thereupon be due and ~ paysble on the due date of the next monthly payment and each successive month the.eafter ur.til mortgsgee shall notify mortgagor of a charge in such ~ amaunt. Such sums shall be applied by mortgagee toward the payment of real property ta:es, inwrance prem:ums, and mortgaye guaranty inwrance ~ ~ premivms. IN WIT E MORTGAGOQ has hercunto set his hand and xal the day and year first,af ~d. ~ . ~ Sig eal e in tM presence of: ~ a~ 1 ~ rc..q ~ i ~0 ; ~ STATE OF FLORIDA ~ . Saint Lucie ~ courm oF . BefQte me penonallY~appeared Wllll~l R• HOy Shirley M• HO}I. his wife, to me well known snd known to mt to bs the indiv'duals described in and who e:ecuted the fwegang instrument, end adcnowledged before me that they executed the same fw the pur~OSes rherein enp.essad. a~d rr~e saia Shirlev M. Hov wife ot the said W1111a1R R• HOy upon s separate and privat~ examinition by me taken scpuate and apsrt from her uid husband, acknowledged to end befwe me thst the execvted said instrumeM freely and volun- ~ rarily and without any compulsion, co~straint, appreF?eraion, or fear of w frc•.i her taid sband. „ ~ WITNESS my Mnd and offic;al seal this day of ~~u`~y .I1i,0,:19 ~ ~ Q Ql~b~t'~wk_~ ' - . ' : ~ Notsry Public in and for the St..~te rof • ~ds ~t" js~pe ; My Commiuion expires: /-O ~ ~ .,i % - Retum Ta ~~~D RECOft0E0 = , ; ; o . ~ ~ ~ ; = - f~nt F.a~~.~ s.~~ng: 6 i.o,n / 6 E OU 'TY. FLA. i, : t)~~.~~ C MJ~Il1I~ YYr?~v. .f~w~r VI ~YYY.}+~ ~ . . O( Fort Plerce. r!~ ~J!" i:I U MY COMMISSION EXPIRES t:CT. -7T 1 y7~~{ ~ ~ FO?T Pierce, Florida ~ /y~ •ONDED TNROUGH FREO W. DItsTELNORSI: - i ~r{~ V d ~ `,j,` ~b0 ~~A1 Z2 : 43~ ~OTARII PUBUC. STATE OF FLOBIYA ~AY'UIlOE r . ~ ~ ~^~~yG~ MY CODtMISSION EXPIRES GCT. 11, 197~ ~ b ( lONDED TMROUf.H FREO W. DIESTCLHOR9T This instrument prepared by ? First Federal Sav. & Loan Assn: " ' ~ " " ` , o ort P~erc~~E~2K CiRCUIT COUR7 F By . . aoo~17U ~~5 ~k ~ ~ ..~-'r.t='S'. y h - q - '