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To plac~ and contirwously kt~p on tM buildinps now o~ hereaftN siw~t~ on s~id land ~nd on all eqvipm~nt and p~nonalfy covK~d by thi~ nwrp. I
ay~. with ~II premiurtA th~r~on paid in full. f'u~ ins~ranc~ i~ tiw usual itaodard poticy form, ~n a tv~n approv~d by 1M 1NORTGAGEE, and wi~tam
inswanc~ In tM uswl itandud policy fo~m, in a ium •pproved by tM AhORTG/?GEE; in such company w companiq as tM MOR?GAGEE may
d~r~ctt ~nd ~II fir~ ~nd wind~wrm inwrana policiea on any of said buildiaps. ~ny iolKat thKein a p~M tMrwf, in 1M ay~rey~r~ wm aforHaW a '
In ~xpss 1Mrwi, shs11 contain th~ usua! uandud mortpaye~ cl~sne ot s~ch oths~ claus~ u tM Mort~pN m~y rpuut, makinp th~ loss undK uid pot4
ci~s, tach ~nd ~vtry. p~Yabl~ ro s~id MORTGAGEE a its in?erstt m~y sppNr, ~nd each +~d evKy tuch policy ih~il bt pranplly at:~r?ed u~d deliwred ro
~ny Mtd by Nid MORTGAGEE ~s furthN acurity ro said mortps~s debt, and, ow hsi tMn t~n (10) d~ya ln advancs of tM ~xpk~tion of Nch polity, to d~
l;v~r ro a~id MORTGAGEE ~ nnewal tMnof, to~etF~ with • rac~ipt fw the pnmium of svch renswal~ and tMn sMll b~ no Ar~ w windstpm I~vr~nc~
pl~c~d on ~ny of wld buildinpt, ~ny interest thK~in a part tMnof, vokss io th~ fo?m'~nd w~th tF.a loss p~Yab~~ +s ~foni~tdt s~d tn tht twnt arty wm ~
of mwNy bscoma p~yable u~ wch policy a policin aid MORTGAGEE shall h~w tM option to r~ceiw and ~pply tM su~ on ~ccount ol IM ind~bteci~
ness s~cvr~d hereby a 1o pKmit uia MORTGAGORS ro rtieiw u~d ~n~ it p any parl the~eof for other purposes, without t6ereb/ waivi~~ a impair-
ir,9 +ny pv~ty, litn w riqht wwl~~ w by v(rtw of this mortyaqe; u+d in tM ~wnt taid MORTGAGORS shall fw any r~ason fail 1o ke~p the uid pnmitet so
insured, a bil to delivtr promptly u~y of taid policies of in~unnp to said MORTGAGEE, w fail promptly to pay fulty ~ny premi~m therefa w in any
reipect fail to pNfoce~, diuha~ye, execute, ~ff~d, camplet~, compty with and abid~ by this covenam, w my part hereof, said MORTGAGEE rruy plac~ a++d
pav iw such inw~anc~ o? sny put thereof witlavt waNin~ or affwKFnp ~~Y option, li~n, puity, w riyht vndtr p by vlrtw of this Morty~pe, and the
full amwint of ~ach ~nd ~wry such p~ymeM sh~ll b~ irrwnediaaly dw and p~yabl~ ~nd sMll b~ar intHest from th~ dat~ Ihereof until paid at tM ratt oi
nins p~r cxnum pM anrwm ~nd together with such interest shall bs setured by t!~ li~n of this mortpp~.
To pKmi~. cwnmit ar svffe~ ~o wa~ta, lmpairmenf or deterior~tion of said property or ~ey put the~~of.
5. To pay all and sinpul~r ths tosla, charp~s and expMSes. inclvdinp s roasonable attomey'~ fee snd oosts of ~bstracts of titls, incurred o? psid ~t
any Yune by said MORTGAGEE, b~causs a in the event of tM fsilurs on the p+h of tM s~id MORTGAGOR to duiy, pron?ptly and fu(ly pe?form, d~schu94
execute. ~it~ct. oompkr~, comply with and abide by arch and every the sfF~wlaions, apresmenn, conditions, ~nd coven~~y of s~id promi:wry note and fhi~
morty~p~ any Or ~ilher, ar?d said costs, charqes snd ezpen~ea. each and every, sMtl b~ immediately due and pay~ble. whether a not tAere be notici ds
msnd, ~n~mpt to collect or wit p~nding: and th~ full smount of esch u~d wery wch payment shaN bear iorere:t from tM date thereof until p~id at tht
rare of nine pe? centum pe? ~nnum; ~nd ~tl said c3sn. charges and expenses intw~ed p paid, toyeth~r with such interest, sMll b~ secund by tM liee of thw
'nott9apt, .
0. TMt (a) in the ewent of ~ny br~~th of this Mortgsye w default on th~ pan of the MORTGAGOR, or (b) io tha ava+t ~ny of ta;d wms of moner
hercin ~eferred ro be not prompny and fully p~id within thirty (30) days next after th~ iame severally become due and payabl~. withow dem~nd w notice,
or (c) in tM evMt e~ch u+d every tl+e stipulations, sgreemenn, conditans snd coven~nts of s+id promissory note and this mortpape a~y or either ~r~ rw1
i~ty, p?omptly and futlY per{ormed, discharged, exccu~ed, effected, completed, complied with and abided by, tt~sn i~ either w any such ~v~m 1M s+id ay~
pregat~ wm menYqned in s~id promissory nots then remaininp u~peid. with imcrest acaued, and all moneys seaured hefeby, shsll become dw and p~y-
sble forthwith, a thafeafta, at the option of taid N1pR1GAGEE, as fully and completety as if alt of the said sums of money wero oripinaNy atipvlated
ro be psid on wch day, anythirg in said promiuory ~?ote or in tha Mortgage to the contrary notwithstanding; and thereupon a thc~e~he? a~ the opiwn of
said MORTGAGEE, without notice or ckrn~nJ, suM at lawr or in equity, therefore or thereaftcr be9un, may be prwecuted ~s if all moaeys secvred hereby
i+ad rt?atwed prqr to itf institvtion.
7. TFut in the event that at the beginn;rg of w ~t any time pend;ng ~oy wit upon thn Mortgage, w to fweclose it, w to refam it, or to enforq
payment of ~ny claims hereunder, said MORTGAGEE shal~ ~pply to the Couh having jurisdrciwn the~eof for fhe appo~ntment of a Receiver, such Ca?rt shsll
foriFiwith appoint a receiver of said mortpaqed proptrty a11 and singvlar, includ~ng at! and s~nqvl~~ ~he income, ;~.ofits, issues and revenues from whatever
source derived, esth ~nd every of wFi~ch, it being cxpreuly understood, is hercby mortgaged as if ipecifically sN forth ~nd dewibed in the yranting and
habe~dwn clauses Aerepf, and s~rc1? Receivei shall have all the b.oad a~x! effeaive functions and powcn in anywise entrusted by ~ Gourt to a Receiver, and
such appantment shall be msde by such Court as an admitted equiy and a maner of absolute right to said ARORiGAGEE; u~d without reference to the
adequscy w in~deqvacy of the wlue of the prbper~y mwtgaged er to the sonrency w~nsolvenry of said MORTGAGOR a the defendanti, ead that such
renrs, pro(its, income, issues and nvenues shail b~ applied by sucA Rrc-ivcr accordinQ to the lien a squity of sai„ MORT6AGEE u+d tbe practica of such
CouA. ~
8. To duly, promptly and fully perform, diuhirge, execute, effect, complete, comply with snd abide by each ~nd every the stipulations, egreements, ,
co~ditions and cove~ants in said promissory nms and this mortgsge iet fwth. ~
9. Th~t ln the event the ownenhip of the mortgaped premises, a any part tF+e?cof, becomes veited in ~~xrson other tlWn the MORTGAGOI~, the !
MORTGAGEE, ih succeuors snd suiyns, may, without notice to the MORTGAOR, de~t with such suaetsor or w~ceasor in interest with reference ro this
mortg~ge and the debl hercby sec~red in the s~me msmer as with Mortgagp wifhovf in ~ny way vitiafirg or disthargirg the JNorfyagors' liability here-
under w vpon the debt FKreby s-cured. No ~ale of the premises hereby nw.tgsged and no fwbeannce on tM part of the MORiGAGEE w in t~ccessors
or ess'gro and no extensian of the time for the paymem of the aebt he.eby secured given by the MORTGAGEE .x its succeuon or ~ss;gns, sh~~~ aper~te
ro releas~, dischar~e, modify change a aftect the original l;sb;lity of tAe MORTGAGOR herein, either in wlwk a in put.
l0. It ia specifically agreed that time is of the essence of this contran and tMt no waiver of any obligation herevndef q of the obligaYan k-
a:red hereby sha11 at any time thereafter be held to be s waiver of the te~ms hereof or of the instrument setured herby.
add~tion to the forego:ng monthty payments of princ'ppl and interest required by the promiuory oote secured hereby, mortgsgor to oants
and agrees to mortgagee with each monthly payment an addirions) sum est~mated by mortgsgee to be equal to 1/12 of the annual e follow-
ing:
A-All real property taxes kvi sed against the above described resl estate. ~
B-P~emiums on fire and windstorm insurante as u~rcd to be urried on tfx im nri sitwte o~ the sbove desvibed premises.
C-Premiums ~ se~ch mortgage guaisnty insuraace as mortgagee to time deem fit to csrry on the loan secured hereby. ~
Mortgagee shall from time to time noti ~n writing of the amount due • pa r and suth wm shall thereupon be due ~nd ;
payabb on the dve date of t ly payment and each successive month thereaf?er until mwt
9aPee sha no ~ y :
ele~oc in s~ch
amourtt. Such applied by mptysyee toward tF~e payment of real property taxes, insuruxe prem:ums, and mort:•age guaranty inw ar
~e~
IN WITNESS WHEREOF, the ssid NIORTGAGpR F~ss hereunto set his hand and seal the day snd year first af«esaid,
Sipned, Se 1 J and red in the p?ese~+ee af: ~
~
w,n
rsNn
~-n
57ATE OF RORIDA ~ '
courm of _ St Lucie
e~a~ R» P.n«~.i~Y,,~.a.~a Garo'~ i ne 24 Stoddard. a widow ~
the individwl described in ~nd who executed the fwegoing instrument, and adcnpMrledged before~t t~ie
xecuted the~sams
{~pr~ t~FK purposes
rherein expressed. /r+d•tlw•~a;d
wiir rF -1M-s# .
esa~iwatiw.l~? wM ~Ya? ~e~krwd-e'a~f-FrNw ~+er 7si~e?sban~ ~dcno snd pAvtt~
.t~uiyc ardyvithout ~'~'~an~brfae~tn~~rsllE~l7tNOfRI~ltfiilt?1hfiiEAT f?!!!q'7Jftl'~61Pn~
~I~iow~-wnstraiwy- +PK~~~MF}r.~wr~f ~or frow~-iMr~id-l~ssbw~d. ,
WITNESS my fw~d and official seal thi+ q~~ ~c.~ day of A. D. 193L~
Notary P ic in ~~d fw the State of Fbrida at l~~
Retvm Ta MY iuion txpires: :
Fiaf F~dersl Savings 6 Losn Associatwn • ~
or Fon P;~.«. ..,,:c~~~{ ~lotary P~blic, State of Horid~ at l~~rqe j
fo?t Pierce. Florida ~~II~/j ; : ~r ~0lR~lilSSiON ~EXpIlCS 6. ~9~ ~
:~,'x:+. ~
'j ' ~.ss~a.~ / /
~ ~ G ~wd~d ~Y _AwC~W fS*~ C!*~Y ~ _
`c` ` ~ ST LED AND RECpR ~
E ~o
= ' ' LUC~ Ut1T ~ED
r ; . ~ - • : n~ ~,fiY• F[,A.
. ~ . 1
This insirument prepared by . o ' : ;
First Federal Sav. & Loan Assn. ~ '6$ 544~
of Fort Pier~;e . ~ ~ ~ ~ ~ Z2 ~ 10 '
~ • 28
By J. Collins '
n R ~ry _ ~ , : _ r"'~l~-?rP
BOOK~ I~, PAGE 83• 4~CL~RK ~IP.~U~T~;"S rb ~
~ couRr
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