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To place and ca+tinuovsly kNp on ths bvildieg~ now o~ Mre~ft~? utv~t~ on seid I~i+d ~nd on all equipm~nt ~nd p~r~oeully cov~nd by this mat~
sy~, with dl prsmiw~A thsr~on pud in full, fin iniuranc~ in the uswi itand~~d poHcy fwm. ~n ~ suen +pprov~d by ^M'MORT ~GEEJ,pRTGAGEf E m y
;nswance in tM vswl ~tandard policy fam, ia a wm approv~d by tM N10RTGAGEE. In such compsnr ~~^W
dinctt +nd ~II fin and windsrorm ins~xance pOliCiN a+ aey of ta~d build~nps, ~ny InNreil tMr~in oi pwt thirw(, in tM y9re9~t~ wm afor~iaid w
in ~xc~ss ~Mrwf, sMll ca+taio ~M vawl ~tandard mortya~N cl+usa w such otha cl+vs~ u tM Mortp~N may r~qvin, nuk?np tM los~ unde~ asid po~F
ci~s, t~ch aed ~very. P+Y+bN to s+~d MORTGACaEE as its intcre~~ may appt+r, and each ai+d ~very iuch policy ~hall bt promptly ~ss:qned and dtliv~r~d M
any Mld by aid MORTGAGEE as furtMr security to i+id mort~+~ d~bt, snd, not leu tMn ten (10) days in ~dv+ou of ths ~apk~tion of each policy, to d~
tiv~r ro Nid MORIGAGEE • r~new+l therwf. top~tl~er with s receipt fa tM premivm of such renewds ~nd 1he~~ sMll b~ no f'u~ w wie~ditam iniwant~
plac~d on any of taid b~ildinpi, any inter~st thKeie or p~rt tMrwf, ueless to tM fora~ sr+d with 1M toas paY+bl~ ss ~fon~+idt +r+d in tM ev~nt ~ny w+n
of rnoMy bzcom~s p+y+b~e und~r such policy o~ po~ici~s s+id MORTGAGEE shall Mw th~ option to reeeiw snd apply tM s+en~ on account o1 tM indebted~
neu sacvr~d Mr~by a 1o permit said MORTGAGORS to receive and us~ tt a~ny parl thercof fw other purposes, without the?eb/ waiving a impair-
iny ~ny puiry, li~n ot ~iqht ve+der a by vlrtw of tha mortp~ye; u+d In ths ~ve~+t s~id MORTGAGORS shall fa any nason fail to keep tM s+id pr~n?ites so
insured, o~ fail to deliva promptly ~nY of said polities of ins~nnte to s~id MORYGAGEE, ot f~it p?omptly to pay fvlly ~~y prtmium tMrtfp or in ~ny
respat fail fo periocn~, discharg~, execute, ~ffect, tomplete, comply witA and abide by this mvenant, a any p~?t hereof, s+id MORTGAGEE may p~ace +nd
paY fa such inw~ar~ w ~ny part thereof without waivinq a~ffactinQ any opYwn. IiK+, puity, a ~ipht undN or by virtw of ~his lNo.type, and the
full anwun~ of each N+d ~w~y wc1? p+yment shall bs immediatdy dw and p~yabl~ and sh~ll bea~ intK~st from tM dat~ th~r~of un~il paid M tM ran of
n~n~ psr canwm pK ~nrwm and toyether with s~cA inte~est shrll be securcd by tM 1'ier~of this mort9~pe.
1. To pNmit, oommit o~ suffer no wasb, impairment a dcterarat%on of said properiy a~ny pirt thereof.
5. To p+y ~II ~nd sirgular tM twts, charyas ~nd expenies, i~cludinp • reaionabls ~ttorney's fee a~d witt of ~bstrstts of title. incurred w paid at
any time by wid MORTGAGEE, beavs~ or in tM swnt of ths fsilu~e on the p+rt of the ssld N10RTGAGOR to duly, promp~y ~nd fully periam, d~scharga.
execu». ~ifed, oomplete, comply with and ~bide by ~sch ~~d every tl+e ~teputations, agreements, tonditiau. ~nd covenants of Hid promissory ~ote and thu
mortya~e any w ~~~her. and sald costs, chupes and experres, e+ch and ~very, sh~ll be immediately dw and p~yable: whetha w not tha~ b~ notice dr .
mand, ~nampt ro colkct or suit pendirps and tM full smo~rnt of each +nd werr wch P+rmem sh+~~ be+~ interest from the dat~ thveof until paid +t the
rate of nint per centum per snnum; ~nd all said ccsis, charges and expenses incvrred or psid, topetMr with uich int~rest, ah~ll b~ satvnd by tM lien of this
mortysp~. :
0. Tlwt in tM event of ~ny breach of this Mortpsye a default on ths part of the MORTGAGOR, o? (b) in tt~e ~vent eoy of ~s~d swm of money ~
herein nferred to be not promptly and fulty paid withi~ thirty (30) days next after the ssme uverally betane dw aod payable. wilhout demand or notice, ~
or in the eveqt eath ~nd ~very the ttipulatwns, agreemenri, conditions snd tovenanb of uid promissory not~ snd this mort~e any or eithar an nol ~
iuly, prompdy and fully performed, discharped, executed, effected, compteted, complied with and abided by, then in either « any such ewnt :M said ap- ~
greg+t~ sum mentaoed in said promiuory note then remsinirg w+p~id. with interest acuued, and all mor+eys secwed txreby, sMll become dw and psy-
able futhwith, w thereafter, ~t the option of said MORTGAGEE, u fully and completely as if all of the aid sums of moray were orginally stipulsted ~
ro be pa7d on such day, anythiny in said promiuory note w in this Mortgage to the contrary notwithstanding; ar+d thereupon or the~eaha at the option of
said MORTGAGEE, without not~ce w de~nd, :uit at lawr or in equity, therefore or tl+ereafte? begun, may be prosec~tad as if +11 maays secvnd hereby
had mawred pr~or to irs instirution.
7. That in the evtnt that at the beginning of or ~t any time pending aoy svit upon this Mwtgsge, o~ to fweclose it, or to refwm it, w to enfotte
payment of any claims hereuoder, said MORTGAGEE shall apply to the Court having ryrisdiction thereof fw the ~ppantment of • Receiver, svch Cwrt shsll
fw.tFiwith appoint a receiver of said mwtysged property all +nd singular, includ~r+g all and singuts? the income, proiits, issves snd revenvas from whstever
wurce derived, esch snd every of which, it bei~g expreuly understood. is hereby mortgaged as if spec~fically ~et forth and described in the qr~~tiny and
habendum dsvses hereof, and s~ch Receiver shall h~ve a~l the b~oad snd effective fund~ons and powers in aoywise entnnted by ~ Co~rt to a Receiver, snd
cuch appointment shall be made by such Court as an admitted equity and a matter of absolute right to said MORTGAGEE, +nd without ~eference to the
edeq~~cy o~ insdeqvacy ot the v~lw of the prcperry mortgsged or to the sonrcncy w insotvency of said MORTGAGOR w the defendants, and that such
rrnrs, profits, incanc. iuues ~nd revenues shall be +pplied bY such Receiva auwdiny to the lien w equity of said MORTGAGEE atwl the practice of such
CovA. .
8. To duly, promptly and fully perform, discharge, execvte, effect, complete, comply wi~h a~d ~bide by each and every the stipulations, agreements,
conditions ar?d coven~nts in said prog~iuory note ard this mortgage xt fwth. ~
9. ihat in the event the ownenhip of the mortgaged premises, or any ps?t thereof, becomes vested in a peno~ other tMn the MORTGAGOR, ths
MORTGAGEE, iri sucteuors and auigns, may, wilhout notice to the MORTGf10R, deal wi?h such sutcessor or sutteuor in interest with r~fcrence ro this
mortyage and the debt hereby secured in the same manner ss with Mortgsgor witFaw in any way vitialing a d~uharginp the Mortgsgors' liability hero-
under or upon the debt hereby ~ecu~ed. No isle of the premises F~creby mortysged ~~d no forbearence on tM p~rt of the MORTGAGEE or iri wccesson
or ~ssigns +nd no extension of the Y~me for the paymem of the tkbt hereby secured ~iven by the AhORTGAGEE oe its ~uctessors o? sssigro, sh+ll operats
ro release, d~scharge, modify ch+rge or effect the aig~nal lisbi6ty of the MORTGAGOR herein, either in whok or M part.
10. It is specificatly agreed that time is of the euence of this contrsct and that no w~iver of any oblig+Yan herevnder or of 1M obligation sa
cured hereby shall at any time there~fter be held to be ~ waiver of the terms hcreof a of the instrumcnt secured herby.
11. In ~on to the fwego:ng monthly payments of princ:pDl and interest required by the prom'isaory note , mortgagor covenams '
and sprees to pay to mo 'th each monthly payment an addi~ionsl sum estimared by mort to 1/12 of tFro annual cost of the follow-
ing: ~
i
A-All real property taxes kvied or as ribed re~l estate.
B-P~emivms w~ storm insurance as herein required to be carn ovemenri situats af the above described premius.
' C remiums on suth mwtgsge gwranty insunnce as mortgagee shall from time to time deem i on the losn secured hereby. `
Mortgsgee shall from t~me ro time notify mortgagor in writing of the amounf due and payabk hereunder and su alLlLrevpon be due and
payable on the due date of the next monthly peymem and exh successive month thereafter urtil mortgagee shall notify mortgagor of a change in such
amaunt. Such sums shall be applied by mortgayee toward the payment of real property taxes, insurance prem:ums, and mortgage guaranty inwrance
premiums.
~ WITNESS WH , the said MORTGAGOR has hereunto set his hand snd seal the day snd ye~r fir:t aforesaid.
~ ~ igo ~kd u~d li r d in fh! r~e of:
~ , ~ - o'2y'~~ (Se~q
~ n-•n :
~n t
,
,s.,q ~ .
STATE OF FLORI~A ~
S5.
COUNTY OF ~t. T•» CZ g
Befwe me personally appesrcd A vPrda Ke .ler, a sin~;le adult ~
~tes wNr, to me well known and known to me to be
the individw described in and who executed the fore9ary instrurnent, and acknowledged befwe me that tF~.i~cecuted the ssme for the pvrposes
g thereie acpressed. An~!-11'n?-rsid
~ ve+ie e~li~wi~ ~~70T !lQiT~1! 1Ad'fR1Af f ;
ewaw~i~stiwr-bp-wK ~a4ew ~+rs1r-~wd-~pnt-frow~~-s«d-hu~b«wl.-a~lcwowi~Jg~d-r~ ~ i~iwrrws-tiie~ ~i~? «c~wt~c!-taii iwslrwwsM-fNSiy~-~wd-vofro- ~
tariiy~od.wit~art-~qy. ~puisian.- coosts+irv..sPPre osi~ f~ar. of..oc ~rers.6e~said hu~6~r~d. . p
~ WITNE55 my h~~d ~nd offici~l seal this-Q ~ dey of . ~ A. 19~SL ;
~
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~ No ry PuWic in Md for the S~ate of Florida ~t larye x
M,, c~~~ .~~~a: ~ 1- L b- 7/ ;
~ rten,.n ta
~ Firtt F~deral Ssvinys 3 loan Association • NOTARr WBLIC. STATE OF FLOLIDA AT L1R6! :
~ MY COMMISSION E~CPIRES NOV. 46, 197 •
Of FoA Pierce. sonoeo TMROUfiM Fw~o w. Dlti7tLN~R; ~~"i,~
~ FILEO AND RECORDED'
~ fort Pierce. Florids , e''
ST. LUCIE COUiJTY. FLA. - .;1' ~s. =
~ . ^-~,^,r t~cE:~r.~rl~ : ' '.4,~ ;
165515 ~ J~5~~ " • ~ ~ '
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r • • ..J: " ~ ~ ;f'=
~ nt repared tiy '68 h1i!R 2 5 PM I: G 7 ~
~ T h i s i n s
t r u m e p r r ~
First federal Sav• & Loan Assn. ~ fi_.
of Fort Pierce , ~ ..r;
; r:
~0:~ _ 'Ot7F:.S
B J. Collin CLERK CIRCUtT COURT
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