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To plau ~~d conti~?uouily kwp on tF» buitdinps now a Mre~ft~? utwh on said land ~nd on +II equipm~nt aod p~nonally cova~d by thi~ nartQ~
~p~. with all pnmiw*A tMrwn paid in f~ll, fire insur~nc~ in the ~ival st~nd+rd policy fwm. ~ a twn ~p{xowd by th~ MORiGAGEE, ~nd windttorm
tnsurance in tM uswl sandard pol~cy fam, in a wm ~pprowd by tM MORTGAGEE, in wch comp~ny a compaai~s u th~ MORTGAGEE may
dir~t +~+d all ifn ~nd windirorm in~uru~a policies on ~ny of aid bvild~np~, ~ny inte~~~~ th~r~in o~ pan tM~wf, M tM ppre~at~ wm ~for~s+id w
In ~xuss ~Mrwf, shal) <ontain tM uiwl at~ndud mortgs~e~ clauie a ~uch otMr daw~ a~ tM Mwty~ may rpu'a~. m~ki~p tM los~ vndN said pd}
ci~s. ~ach and ~wrY. P+Yabl~ ro s~W MORTGAGEE ~t ib intt~est may apptar. ~nd e~ch ~~d ~wry a~rch policy sMll be p?omp~y ~as:y~+sd u+d d~liver~d ro
any MW by said MORTGAGEE a~ funhN security to s+id mortqa~e dsbt, +nd. ~wt I~u tMn ten (10) d+YS ~e +dvanc~ of tM ~xpi~~tion of ~ach policy. ro dr
IivK ro wid NWRTGAGEE • renew+l th~nof. top~thN wi~h a receipt for tM pnmiwn of wch renewalj ~~d t1+K~ sh+tl b~ no fi~~ a winduam k?wr~na
pl~ad on ~ny of wid buiWinys, any int~rat tMr~in a p+n tMrwf, unlsss in tM form'and Willf tIN (03~ Piy~Wf it ~fpf1~W: aed tn th~ ~vent any wm
of mon~y becarws p+y+bh undN wch polky w po~ki~+ s+id MORTGAGEE shall Mw tM option ~o raceiw and ~pply ttw ssm~ an ~ocoun~ 01 tM ind~btad~
ness Ncur~d FNr~by w a pirmit s+id MORTGAGORS ro rective snd ~s~ it w any part thereof for other purposes, without IF?areb~ waiving o~ impair-
lnp ~ny quity, li~n w rpht vnda ar by virtu~ of this mortpapes +~+d in ti+s ~vent ~aid N10RTGAGORS aMll fo~ sny r~ason fail 1o keep tM aid p~emues w
imvrsd. w fail b d~liver promptly ~~y of ~aid policies of insu?snct ro said MORTGAGEE. a fail promptly to p~y fvlly any p?emium tlurefw w in any
reipect f~il b pafoan, dixh+r~, ~xecvta. ~fi~ct, tanpla». complY with ~nd abid~ by th(s coven+nt, o~ any parl hNeof, aaid MORTGAGEE may plm and
paY fa such ieawanct o~ any part thsrwf without w~lvinp o~ ~ffMinp any optan, li~n, p~iry. a ipht w+dN a by vi?tw of this Matyye. ~nd tM
full ~mount of ~ach ~nd ~wry s~ch p+ym~nt shall b~ immediately dw +nd p~y+bl~ and sh~ll bs+r intKat f~om tM dat~ ther~of ~ntil paid M th~ rab ol
nin~ pN c~ntum p~r anwm ~nd tope~he~ with such intenst :hall b~ securcd by tM li~n of this roartp+pe•
1. To pKmit, oommit or wffa ra wute, impakment a deteriwation of aid prope?tp o? u?y p+rf therwf.
S. To pay ~11 ~nd sinpular. tM.ooat~, ch~rpes and expenies, includinp • rcsfonabl~ attan+y't fee and costt of abstr~cls of titl~, incurred w paid st
~ny tun~ by said MORTGAGEE, beuuss ot in the ~wnt of the failuro on the paA oi tM ssid MORTGAGOR ro duly, prompNy and fully perform, d~xtwry~, ~
execute. ~ffed, oomplet~, oomply with and abide by ~ach and every the itipulaiwi», preements, conditio% and oownanb of uid promissory note ~nd thu .
mwt~a~~ u~y a ei~her. and sa~d coits, charqes ~nd expernes, each and ~very. tMll be immediately dw ~nd p+y~ble: whethe+ a~+ot tMre be notice d~ E
m~nd, ~»empt ro eolkct or wit pendinp; and tM full smount of each and svery wch payment ~11 bea~ interest irom the date tMreof u~til paid ~f thc M
rate of nine per cenwm per annum; and all said cbsts, cMr~es ~nd expenses incwred or p~id, top~ther with wch interest, shall b~ s~cu~ed by tM lien of tha !
mutp+pe. ~
e. Th~t j~) in the event of sny bre~cl+ of this Mortpape or def~ult o~ the part of the MORTGAGOR, a(b) in ths event any of s~7d sums of mon~y
herein referred to be not promptly snd fvlly paid within thirty .(30) days next afte? the iame sevcrally betome due ~nd payabk. wilhout demand o? notite.
fl; (cJ in tfie ewnt exh and ~very the stipulatiora ~grs~menn, conditans and ooren+n» of sa~d promissory note snd th~s mortgeye ai+y a eitAe? ar~ no1 i
iuly. promptly and fully performed, d~sch+rped, executed, effected. compkted. compl7ed with and abided by, then in eiths? a ~ny such ewnt 1M said ag {
presat~ wm menianed in qid promissory note then remainii.;, unpaid. with inter~st scuued, and all moneys sacured hereby. shall becom~ dw and pay~ ~
able forthwitl~, OI 1MlfNffN~ at the option of said MORTGAGfE, ss fvlty ~nd completely ss if all of the said wms of money were orginally stipulated
to be paid on sech day, a~ything in ssld pran'~ssory note or in this Matpsge to th~ contrary notwithsbnding; snd ~here~pon a thereafter a~ the op~ion of j
•aid MORTGAGEE, without ~otice w dem+od, wit at law w in puity, thcrefore w thereaher bey~n, may be prosecuted as if all montri s~axed hereby ~
had matwed prior to in institution.
7. TMt in ths event that at the begi~ning of w at any time pending soy suit ~pan this Mortgspe, w to foreclose N, w to reform it, w to enfwo~
paymer?t of any claims hereunder, ~sid MORTGAGEE shall ~pply to the Coun havinp jurisdKtion ihereof fw the sppo~ntment of a Receiver, svch Cou.t ahall
fortliwith appoint a receiver of aid m~:gaged property all and singvlat, includeng all and singulu the fncome, p?ofits, isiuet ai+d revenues from whatever
source derived, each and every of wh~ch, it beinp expressly understood, is hereby mortgsged ss if apec~fically set fwth ~nd desaibed in the gr~nt~ns; and
habend~m cta~ses hereof, and such Receiver shsll have all the brwd and effective funct~ons and powers in anywise entrusted by • Covn ro• Receiver, and
such appointment shsll be made by such Court as an admitted equity and a mattet of absolute right ro said MORTGAGfE, snd without reference to the
adequacy a inadeqwcy of ths v~lue of the p~operty mo?tgaged or to the sonrcncy or iasolventy of said MORTGAGOR a the defendanri, and that such
renn, profits, income, iu~es snd reve?~ues shall be spplied by such Receiver xcord~n9 to the lien a equity of said MORTGAGEE and the practice of such
Court.
8. To duly, promptly ~nd fully perform, dixMr9e, execute, effect, complete, comply with and a~ide by each and every the stipvlations, apraemenb,
cond'A'ant and tovenanb in ssid promissary not~ and this mortg+ge set forth.
9. That in the eveM tM ownership of the mortgs9ed premises, or ~ny part thereof, becomes vested in a pawn ofher thsn fh~ MORTGAGOR, th~
MORTGAGEE, its suttessors and assigns, may, without norice to tf~e MORTGAOR, deal with such tuttessot w suctessw in imerest with referente to this `
mortgape and tha debt hereby secured in tfie same manner u w~th :.'.artgsgw without in any way vitiatinp or discharping the Mortyagus' liability hera s
under or upon the debt hereby secured. No sak of the premeses hereby mortg~ged and no fabearance oR the part oi tF~e MORTGACEE w in successors ~
or ~ug~n and no extension of the time fa the payment of the ckbt hereby secured given by the MORTGAGEE w its svcceuors w assigns, shall operate
ro rekase, discMrpe, modify chang~ or affect the aigirMl liabil~ty of the MORTGAGOR h*rein, eithe? in whole or in psrt.
10. It h spec~fically ag?eed that time is of the esscnce of this contract ~nd tMt no w~iva of any obliyation F~ereunder or of th~ obligati
cured hereby sMll at ~ny fime thereafte~ be held to be a wsiver of the terms hereof or of the instrume~t setured herby.
1. sdd~tion to the forego:rg monthly psymenh of princ'pD~ arxl interest required by the promiuory note secured he~rb , mortgagor covenants
and ~grees to pa t sgee with each monthly payment an add~tional sum estimsted by mortgayee to be eqwl to 1/)2 K annual cast of the follow-
ing:
A-Afl resl ptope?ty taxes kvied or asses ag bove described resl ~
B-Premiums on fire and windstwm insurance as herein r u' on the improvemenri sit~ate on the above desqibed prerttises.
C-Premiums on such mortgsge guar nce as mortgsgee shsll from time to time r on the loan secured hereby.
Mptgagee shall " time rwtify mortgagor in writing of the amount due and paye'v~e hereunder sn suc all fhereupon be d~e and
f payable on t ste of the next monthly payment and each successive month thereafter urtil mortgsgee shall notify mortgagor e in such
` am sums shall be applied by mwtgagee toward the payment of real property taxes, irourance prem.vms, and mortgsge guaranty inwrance
premiums.
E IN WtTNESS WHEREOF, the sa' MORTGAGOR has hereunto set his hand uid ual the day and year fiint aforesaid.
~ kd and~livered the of: ~ /`,y _ _
~ ~~C P~FrQ~s•~ (Sea~
t
~ Lli~?~'JG~l2* .~laP~-l (Se~q
~ . ~ ~n
~ ~ .
51ATE OF FIORIDA ~
Saint Lucie ~ ~
courmr oF
defwe rm penon~Ily appeared AI~ H6C~81
Annalise Hedal his wife, to me well known and known to me to be
the individwb desvibed in ~nd who executed the fore9oirg instrwnent, and +cknowledged before me that they e:ecuted the same for the purposes
rha~in .xp.euea. a,a rhe sa~d Anaalise Hedal ,
wifs o4 tFw s~id a=~ He~l upon a seps~ate ~nd privst~
exsminatan by me taken sepanta and apart from her said husband, ~cicnowledged to and befwe me that she executed said instrumeM freely and volurt
rarily and without ~rqr compvlsion, constraint, sppreh nsion, esr of or from her ~
WITNESS my hsnd u~d official seal thi ~ day of •A. D. 19 ~ ;
~ ~ r
~ • Notary Public in ~nd fw the State of Florids ~t l~r~e
~ My Commisiion expires: 'j, V- 7/
~ Return To:
Fint Pedetd Savings 3 lo~n Aswciation • NOTARI( PUBUC, SUTE OF fIUGlOA AT tliRec
~ Of Fon P~erce. MY COAAMISSION ~(PIRES NOV. 26, 19J1
~ Fon Pierce, Fbrida FIlEO AND RECORDED TMROUGM FRED ir. o~esTeiMOws.
ST. Ll!CIE COU"JTY. FLA.
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~ _ . . J~..~,. i
~ 165`7U4 a~' .
~ ~68 aPR I AM IQ : 28 ~ = ^ -
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a- This instrument prepared by . .
Frst Federal Sav. & Loan Assn. _ ; ; ~ :.5 - F~~` ~
of fort Pierce ~~ERK CIRCUIT COURT ~';;jrt'~~ ~°~f,,~~`
By .T. Collins _ - BOOK~ !1 PACE 485 ~ ek
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