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To plx~ and continuouty kNp on tM buildi~g~ now or h~r~aft~? utuat~ on ia~d la+d ~~+d on ~II equ~pneot ~~d p~nonally covK~d by this ~nat~. }
p~, with dl pnmiw+A tF?Keon paid i~ full, fin iiuur~nc~ in th~ uiwl sundard policy form, ~n ~ sur~n approv~d by ths IV1pRTGAGEE. ~~d winditorm °
insw~na in rhs vsw! ~randa.d poGCy 1am~, In • wr» ~pprovsd by ~M MORTGAGEE. in wch company a companiK a tM MORTG/1CsEE niay `
dinttt +~d all fin and wiadttorm i~+turai+n polici~s on ~ny of said buildinp~, ~ny i~M~al thtrein o? p~rf thcrwf, in tM ~rep~u wm afor~taid or ~
In uccris ~Mrwf. shall we~tain tM uswl itanda~d mortya~~e cla~ or such orMr clav~ as th~ Mortpape~ may rpuir~. makinp tM bu u~de~ said po1F
cia, ~ach and ewry..payabb w said 1NORTGAGEE ~ in inte~est may ~ppe~?, and each snd ~wry sucb policy iM{I b~ promptly su:9ned u~d d~livered ~o
any Mld by s~W MORT(iAGEE u fwther atcv~ity to aid mort~agt debt, ~nd, not less th~n t~n (t0) days tn advaoce of tht ~aplration of aach policy, to d~. !
livu ro said MORTGAGEE a~~newa! tlxr~of, MpNh~ with a rece~pt fa ths pr~miwn of such r~n~walj and thtrt shsll bt no fir~ or wi~+dstam inwranc~ ~
pl~pd on any of qid buildinps, any interat tlwein or p~n ther~of, w~ku tn tM form' and with tM lou payabl~ as ~fw~i+id; ~nd in tM ~v~nt ~ny, sum
of moe»y bacomN payabl~ undK K,ch policy or ~olicws said MORTGAGEE shall hav~ tM opfion ro receiw and apply ~M s~ on accoue?~ 01 th~ ind~b~ad~
ewst ucvr~d htr~by or ro p~rmit iai~1 MpRTGAGORS to nteiv~ ~~d vs~ it a ~ny ps~t ~hereoi fa othcr pu~posa, wi~hout tha.eb~ waivinp or ~mpair-
inp ~ny pviry. li~ or ri~h~ unda or by virtw of this mort~eg~j ~nd in tM wsnt ~a~d MOQiGAGORS shal! fw any ~~asoe fai! lo ke~p tM s~id pr~mises so
i+qur~d, p fail fo deliver pomptly ~ny of said policies of insursnc~ to s~id MORTGAGEE, or f~il promptlr to pay 1~Ily ~ny pt~mium thet~for o? {n ~n~
" nip~ct f~il w pafan~, discM~y~, ~xecwe, ~ff~ct, compl~t~, compy with and ~bid~ by this covN+ant, w any par~ Iw.eof, said MORTGAGEE m+y pl~ce and
p~Y f01 ttKA ~eqVf~fK~ Of My piff fAKlOf WitAOUf walvkg or affsctlnp any opt;ay li~n, equity, o~ riph~ unde~ a by vi.tw of thii Morf~~~. and th~
full ~nwuet of ~ach u+d ~wry such payment ihall b~ immed'ately dw and p~yabl~ and sh~ll bear intKat from th~ d~t~ the~eof un~il paid at tFw raa oi
nir» pn centum per annum snd togethe~ wilh wch iroerest ihatl be secured by tl+~ tiM of this morrqaye.
1. To pKmit, commit ar suH~. no wut~, impaumeot w d~tsrioration of said property a any put tMreof. _
S. To pay al! and sirgular th~twta, cMr~ea and expense~, inclvdirg a reaso~abie +ttwneyi fes snd costs of abitracts of titl~, incvrred w paid at
sny tim~ by said MORTGAGEE, b~caus! or in the ~v~nt of the failure on ths pan of tM said MORTGAGOR to duly, prompNy ~nd fully perfwrr~, d~schsr9e,
~xecut~. ~ffed. comple~~. comply with and ~bidt by ~ath and every tl+e stipulations, agreerr~snts, tondiYeau, and oownann of ssid promissory note and thw
morty+gs any a ei~ha. and faid~ coits, char~!! ~nd fxpenies, each and every, tMtl b~ immedi~tely dw ~nd p~yabl~: whethe~ a not the.e be ~otice dr
mand, a»~mpt :o collect ar ~oit p~ndinyj ~nd tM full amo~et of each and ev~.y wch p~ymem ahail be~. infere:~ irom ~hs da~e thereof until paid at t1,e
rate of nins per tentvm per annum; and all said odsts, chuges and cxpe~ses incvrred w paid, toye~Fwr with wch interasl, th~ll b~ sacured by tht li~n of thif
mOrlpp~•
e. ih~t in ths eveet of any bre~ch of this Mortqap~ w def~ult on the p~~t of ths MORTGAGOR, w(b) in tM tvent a~y o~ uid swm of mw~ey ~
htn&~ roferr~d to bs not promp»y and fvUy p~id with;n th'uy (30) daya nex~ afte~ tM sarne severalty become due ar+d payabk, withwt dem~nd w notice. ~
w W in tM went exh u+d every tFK stiputatioas ~raements, cond~iwns ~nd covenann of ~a~d promissory nots ~nd tlus matpa9e any w ather ~re ~
~?h. ~a^~P~~Y +~d fuly performed, d~uhxped, executed, eftected. compl~tad, compl~ed wirh and•abided ~iy, then in e~~her a any such swM th~ s~id a~
pre9at~ sum mentioned in said promisswy note then rem~ini~rg ~npaid, with interest acvued. and all moneys secured hereby. aFwll becom~ dw ~nd pay- ?
abl~ iwthwith, a thereafte?, at the option oi said MORTGAGEE, ~i fully and compktely at ii atl of the said sums of money wero oriyirully tNpufated ~
to be peid on :uch day, anythlrg in sa;d promissory ~ote or in this Mort9age to the contrary notwithstanding; and ~hereupon a thereaha~ at tM option of ~
taid MORTGAGEE. without notice or demsnd, suit st I~r,r or in poity, therefa~ ot thereafter beg~n, maY be prosecwed ~s if all moneya s~wr~d hereby i
had m~twld pri0r to iIS institution.
7. That in tM ~vent that at the beginning of p at any tims pendin9 ~oy wit upon this Mortgage, w to faeclos~ it, or to reform it, o? to enforp t
psymem of ~ny cls'uns hereunder, aaid MORTGAGEE sMll ~pply fo the Ca~rf h~ving jurisd~uion thereof for the sppo~ntme~?t of a Receiver, such Coun sh~ll
FutFiwith appoinl s rcceive~ of uid mortgaged property all and sinpul~r.-ir.clud~ng alt and :inqular the intame p~otit~, iss~es and revenves ~rom wFutever +
wwu derived, each and every of wFiKh, it beirg expressly vnderi~ood. is hercby mo.tgaged as if spec~fically set forth ~~d desaibed in the prantirg and
habend~m clwses hereof, snd such Receiver shall Mve all the broad and effective f~nchu~s ~nd powers iA ~nywise entrusted by • Co~rt to a Receive~, and
•uch appanrmem siull be made by wcF~ ~oun is in admined eqvity and s matter of absolute right to said MORiGAGEE. ~nd witF?out reference ro ths
sdpuxy w N?~dequacy of th~ v~l~re of the properry mort9~ged or to ~he sonrency or insolvency oi s~id MORTGAGOR w the defendants. and th~t such
rents, profiq, income, iu~es and revenues sMlt be ~pplied by such Receiver atcordir~p te the lien p eqviry of said MORTGAGEE and the practic~ of svth
Court.
8. To dufy, promptly and fully paform, discharge, execute, effect, complete, comply with and abide by each a~d every the ttipulations, agreerneny, ~
conditant and coveoann in said pranissory note snd this mort9~ge ut iwth.
9. That in the ewent the ownership of ti+e mortgped prem;s~y. or any part thereol. betwnes vested In i pcnon other than the MORTGAGOR, tM i
MORTGAGEE, in successors ~nd assigns, may, w;thout ratice to the MORTGAOR, dcal with such :uttessw or successor in imxetl w;th r~ferente to this `
mortpa~ ~nd the debt hereby xcu~ed in the ~ame manner as with Mortg~gw witfwut in ~~y w+y vitiating ot dischargirg the Mortgagori liability here. }
unde? o~ upon the debt heteby sttured. No ~s1e Qf ~he Fremises hereby mortg~ged and no fwbearance on the part of the MORTGAGEE w its successon
w assgro and no extmsion of the time fa tFK p~yment of the aebt hnreby secured given by the MORTGAGEE or in successors p ~ssiyrq, shap bperats
to rclease, discha~ge, modify change o~ affeet the aiginal liability of the MORTGAGOR hereiry either in whole or in psrt. ~
10. N is spec;f;catly ag?eed tMt time is of the euence of this contrac~ and that no wsiver of any obligation hereunder er of the oblg~tion sr
ct~red here~by shall at any time thereafter be held to be s waiver of the terms hereof or of the instrwneM kcured htrby.
11. to addiiron to the fotego:ng monthly paymeMS of prin~ pD~ and i~terest reqvired by tFro promi:sory note secured Fxreby, mortgagor covenants
and agrees to pay to mortgagee with each montbly paymcnt an sddirional sum estimated by mwtgagee fo be eqwl to 1~12 of the annual cost of tF~e follow-
ing:
A-All ~eal property taxes kv~ed p asussed against the above dexribcd real estate, i
B-Premiums on fire and windstorm insurance as herein requ~red to be u?ried on the improvements :itwte on the •bove described premises,
C-P~emivm~ on svch mortgage gwrany insurante as mortgsgee sha11 from time to time deem fit to csrry on the Ioan secured hereby.
N4ortgagee thall from time to time notify mortgagor ;n writing of thc amoum due and payable Mereunder and auch s~m shall thereupon be due and
payabk on the due date of the next monthly payment and each svccessive month tlxreaher until mortgagee shali notify rnortgagor oi s change in such
amoun?. Such wms shall be applied by mwtgagee toward the payment of rea! property taxes, insurance prem:ums, and mortgage guaranty inwrsnce t
premiums.
IN WITNE55 WHEREOF, the said MORTGAGOR has fxreumo set his hand ar+d seai the day s year fint aforesaid.
Sip+~td. kd delirered in prA of: ~
, ~ ~ q
,
•o
,sNn
STATE OF fLORIDA ~
counmr oF St . Luc ie
eeforo me persotully appeared Charles B. Matthews ~
~ Bthel M. Matthews ;
his wife, to me well known and known to rne to b~ i
the individwls described i~ snd who executed the foreyanp instrument, ~nd acknowledged before me that they executed the sams for the purposcs '
rhe.em ~~cpreued. And the s,;a Sthel M. Matthews
wif~ of tM said Charles B. Matthe~vs vpon s xp~rste and priv~t~
e:amin~tion by me ta4en sepuate and span from her said busband, ackrpwledged to snd befors me that she execufed said irotrumeM freely and voluo-
ta~ily and without u~r compvlian, constrnint, apprehensiop~r fesr of or from her ssid lwsband.
WITNESS my hand and officisl seal fhii~s/ TJG Jantlar A. D. l9
day of (j$
Notary Pub in snd for the St~te of Flwid~ at larye
Ratum To: MY ion expires:
_ q
Fint F~deral Savinys a Losn Associat~on - - ~ ~Ofary ~tiWi(, Sfate ot F:,-~?3 at Larqe ~
Of Fort Pierce. y~~ibSilt~l~;~ .
fwt Pierce. Florida ~t~~t' ~ :,,~3 ~?J~~ ~y ~ORItRiSStOR EJCRt~2s ..~9. 19A
~t11~ ~i, , la.aw ~r a c~:wMr ~
. . + ~ •.,v~
` J • ~ = ; FIlEO AND RE
et E"-s`` - ST. LUCfE C ~~ROEO
This instrument prepared 6y = : " ~ ~ ' = ~F~~~, ~UNTY FLA.
~d D ~ERIFIED
~irst f deral Sav. & Loan Assn. ' ~ ' ' ~ s ~ ~ ~ ~ ;
, , ' ~ . ' ' 63935
of Fort . ,r :t Q • ; ~ ~
~ ~ . •.......A,~ti~,.-~ ~ '68 ~aN 3 0
o s~ AM 10 : 2 0
;
"I r~'~~ F r`~0l7Ft/~S
BOOK~ /O PACE 8~ CLERK CIRCWT COURT
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