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3. To pl~ +nd contiMwusly kNp on tM b~ildinps now a htr~~fi~e situu~ oo ~aid luid and on all puipr?~et ~nd p~non~ity covK~d by thi~ nwrtp.
ap~, with •0 a•m~,? n~...a? P.~d ~n ~,t4 tin irawanc~ in t!r uswl atandard polky for+n, ~n • sun~ approvsd by th~ MOrtiGAGEE, u?d windstorm
Inw~~nu b tM wual standud policy iam„ in a sum approv~d by tM MORTt3AGEE, in wch oomp~ny a co~np~nip ~s tM MORTGA(3EE m~y
dintt~ ~nd ~II fk~ u?d w'uwblorn? iruwano~ politi~s on any of NW buiWinp~ ~ny InNrNf fMff~l Of pift fIM~~O~, M tA~ apqapp~ wm ~laaafd a
in acptt tMnaf, ~fwN tantafn tb~ wual standard mortp~ d~us~ a sud+ o~h~? davt~ a tM Mort9~ roaY ~eq~'u~. m~kinp tl+r loss uod~r said po1F
cta. tach and ~w.y. p~r~bl~ to said MORTGAGEE a in if~1Nfl1 Miy ~nd esch u~d ~wry such policy sl?~ti b~ ~ompNy us:yrnd and dativKd to
~ny MW by uid MORiGAGEE u fwthq s~writy to Nkl marpa~ el~bt. and, oot I~ss tl~ Nn (10) day~ In ~dvs~+c~ of tM ~xpkation of Nch policy, to d~.
Iivsr to aid MORtGAGEE • ~a~wal N~eof, topahK with ~ ncNpt for the pr~miwn of wch ren~walt a~x! tMr~ sM~l b~ ~+o fin a winditam iniwanc~
plaud on ~ny of uW butldinjp, u~y inqnst tMr~in a pan tMnof, unl~ss in rM fon+~'~rid with tM lou payabi~ u afa~~atdj and in tM ~wnt anr swn
of ma~ey b~com~s payabb w+du such polky w policin s~id MORTGACaEE shall haw tM option w nc~iw and ~pply tM suM oe account o1 tM ind~bt~
~ss ~cw~d i~~by a to pKmit s~id MpRTG/1GOR5 ro reaiw ~nd vs~ N or any put tMraof for other purposes, withow thereb~ waivfng or ;mpair-
inp any puity, tiM a riph~ und~r or by virrw pt thit mortya~et and in tM ~v~nt ~M MORTGAGORS sA+li fa +ny rtawn fail to kKp tF~ wid p?~mises w
insw~d, a hil to ddivK promptN any of wW pol~a.s of i~unnn ro wid MORTGAGEE, a faN promPry w p~Y fvll~r a~r pr.miwn th.r•fw a in •ny
nspM f~il b p~fo~n~, dtxMry~. ~xecut~. ~fhN. compl~b, oomply with ~nd abid~ by this aotien~nr, or any p~rt her~of, uid MORTGAGEE rrwy pl~ ~nd
WY fw a~ch tnwranq o? ~ny part tl+Kwf withow w~hrinp or ~ff~Ninp anY option, (Mn, pvi~y. or ripht und~r a by vMw of this Matysp~, uid tM
full ~enount of ~ad~ and w+ry sueA payn»nt sMit b~ irwMdiat~ly dw ~od pay~bl~ se~ dull b~ar inter~a~ hom tM d~h thKwf umil paid ~t tM ~at~ of
ntn~ pK eentwe pM aerwm and rog~thsr with wcA ln»~est shsl! b~ s~eursd by th~ li~n of tNs mort9sp~.
I. To p~+ni1. ooeevnit a wffer no wa~t~, 4npairm~nt a deteia?~tan of ~id prop~rty or ~ny part t}~~pf.
S. To p~y all aed sirgular tl+s .costs, cMrp~s and expenses. ioclur::.~ s roasonsbl~ ~ttaney's fea u~d aosts of sMhacts of title. i~cw?~d w paid ~f
any tim~ by asid MORiGAGEE, b~caus? w in the ~wnt of tM f~ilurs on tM p~rt of th~ said MORTGAGOR to duy, prompty ard futly pKfarn, ducha~~
~xecvts. sfhu. oompkte. oorr~ly with and abid~ by ~ad~ ind every the stipvlatiw?~„ apreemcnts, cp+ditiora„ aod townanb of pid promissory not~ and thb
mort~+p~ +nY a NtMr. and aid oosts. chu~es and ~:Parres. e+ch and ~wry, shall be hnmediatefy dw ~nd pay~bl~; whetF~er or not tM?~ b~ notid dr
mand. ~tt~mpt to ooll~ct or wB p~?Jirgt and th~ futt unount of tach u~d ~wry weA payer~t shall bea. ~t~t from tIM dat~ tl,~reof unril paid at the
rue of nin~ per centum per arowmj aod atl ~aid cdsn, cFwp~a and expenses incwr~d or pakl, ta~petMr w~th wch intaat, shall b~ s~wnd by /M liw~ of thi~
b. Th~t in th~ event of any br~~ch oi this Mo.tpap~ o~ defwh on tM par? of th~ MORTGAGOR, a(b) in th~ awnt ~ny of said wms of mo+ky
h~nin nhrr~d to bs not prompty aod futy paid within thi?ty (30) dsys n~xt after the sam~ t~verally becwne dw and pay~ble. without d~m~od or notiu,
or W in the ~vMt esch u+d wa~y tM stipvlations, ~g~eements. tonditions ~nd ow~en~nb of ssid promissory note snd thw mortQ~pe any o? fither ~r~ nol
fi+h. P~'~+Ptly and fv1~Y P~rforrrNd, disctwrged, eaecvted. effected, comAkee~d, complid with and abided by, tMn ia sithe~ w sny ~uch ewnt the wid ag
~re~t~ sum maotia~ad in s+id promis~ary nots then ram~i~inp w~paid~ with intaat stcrued. and sll moneys sscured hettbY, shdl betom~ dw and WY'
abl~ fwthwiNy or thK~aher. ~t tM option of said MORTGAGEE, u fully and oompMfe~y as if aIl of the said svms of mon~y w~er~ aipirylly atipulated
to be paid on wd~ d~y, anythinp i~ sa;d promissorY nore or in this Mwtg~qe to the contrary notwithstsndirg; and thereupon ar thereshM at th~ option of F
ssid MORTGAGEE. witFaut notice w dem~nd, wi1 at laa a in eqvity, ther~Eon or thereafter beyvn, raay be prosecuted ~s if all na~rys s~cur~d her~by
had matw~d prio~ to i» irotit~tion.
7. Th~t in tl» ~vent that at the beginninq of or ~t sny tim~ pendinp aoy wit upon tha Mortg~ge, or to fweclos~ it, o? to refam it, or to enfwa
payment of a~ryr claims harw~d~r, said MpRTGAGEE shall spply ro tAe Court havirg jur~sdcction thereo( fa the appantment of a Recciver, such Court si?atl
fortliwith appoint ~ nceiver of ~aid mortyaQad p~operty al! and sinQvlar, indud~np all and singular the income, profits, iuues and roverwes from whatever
wurca detived. ~sch ~nd tvery of wli~ch, it beirg expressly vodera~ood, a he.cby mwtgaged u if apecifically set forth sod described in the ~raMir?~ and
habendum clauses hereof, and wth Receive~ shall Mve all th~ Ixoad and effective funct;or?s and powen in anywit! Mftuftld Dy a COV~! f0 ~ RKlivlr, and
wch ~ppointmenf sh~ll be made by wch Go~xt as an ~dmitted equity and a matter of absolute right fo said MORTGAGEE, and without reference to the
adequ~cy w ioadequ~ty of the v~lw of the property mortg~ed o~ to the wlve~cy a;~solvency of said MORTGAGOR a tM defendants, and that s~ch
renn, profits, income, uwes and revenves shall b~ applied by such Receivn accord~np to the lien w puity of said MORTGAGEE and the p?~ct~ of such ,
Co~A.
8. To duly, promptly and fully p~?fam, d'~cMrge, execute, cffect, compkte, comply with and abide ~
by e+ch aod every the itipulations, agreamenn, ~
conditioos and coven~na in said promissery nott and this mortgage set forth.
9. That in tFK event tl+e ownersh;p of ths mor19+0~ W~~ses, or any part thereof, becanes vested in • penon other tMn the MORTGAGOR, th~ ;
MORTGAGEE, iri sucoessors and ~uigns, may, without notice to the MORTGAOR, deal with such sucussor w successor in intere:t with rofe~ence ro thw
mortyaye and the debt herebr stcured in the same msrrier a~ with Mwtgagor withovt in any way vitiat'ag q dischi~ging the Mwtyayp~s' liability h~ra ~
u~der or vpon the debt hereby secured. No sale of the premises hercby mortyped and no forbeare~+u on the part of tM MORTGAGEE a its tucceswrs
w~ugos and ra ex~ension of the time fw the payment of the aebt hereby secvred yiven by tha MORTGAGEf or ih succetsors or ass;g~s, sMll oper~t~
?o rdease, d~scha~pt modify chsnge or ~ffect fhe aiginsl liabi6ty of . the 1NORTGAGOR herein, eithe~ in wtwk or b ps?t.
10. It is ykNfically ay~e~d ~hat tirne is of the essencs of ~his conn~ct ipd that no waiva of enY obliyation hereVnde? or of the obliyatio~ s~
a:red Mr~by shaU ~t any time thereafter be held to be ~ waiver of the terms he~eof a of the instrument secured herby.
11. In addition to the forego:ng monthly psymenb of print:pDl and interest requireci by the promissory nore secured hereby, mortgagor covenanrs
and sgrees to psy ro mortgagee with each monthly psyment an add~Yan~l sum estimated by mortgsgee to be equal to 1/)2 of the annual cost of the follow-
'ng:
A-All resl property taxes levied w assessed against the sbove described real estate.
B-Premiums oo fire and windstwm insvrance ss hereen requ~rcd ro be carried on the improvemcati sitvate oe~ the sbove d~scribed prem;ses,
C-P~cmiwns or~ such mort8sgs 9wnnry inswance as mortgagte shall from time to time deem fit ro carry on the loa~ senrred hereby.
Mortgagee shall from ttme to time ~otify monga9or in writing of the amount due and pay~ble herevnder and such wm shsll thereupo~ be due snd
pay~ble on the due date of the ne:t monthly payment and each successive montA thereafter un~il mortgagee shaN notify mortgagor of a change Fn such
amo~nt. S~xt? wms ~hall be sppl'~ed by morTgaQee toward the p~yment of real property taxes, inswarxe premiums, and mortyage yuaranfy insuranu
prcmivms.
IN WITNESS WliEREOf, th~ said IyipRTGAGOR hu hereu~to set his Mnd ard seal the day and r finr afore~aid. ~
' n~d. ~~abd uid ~ liwr n tM pres~nce of: /
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STATE Of FlORIpI! OHIO
~ ~ClOtO ~ ~
eefon. m. p.rwn.ly.pp.,r.d Robert P. Nickell ~
Jessie M. Nickell ha w;{~~ ~ know~? ro me to b~ ~
tM tnd~wdwls dewib~d in M+d who e:ecuted the fwe~oinp instrument, snd +dcnowkdped before me that they exncuted the s+me fw tM purpwn
thereM ~cpns~ed. 14~d tfis s~~d- Je s a i e M Ni cl~P 11
P~ ~
wifs ot rh. ab - Robert P Ni rko 7 Z . upon a sepsrate ~nd priv~t~
examin~t;on by ms tskan s~y~r~f~ ~nd ~part from her said hwband. ~dcnorvledged to and beforo r~ that s1+e executed said instrumeM freely u?d vol~o- ~
tarily ~nd withovt uW compulsion, cautraint, aPWehension, or feu of or from her said lwsband.
~ wITNESS my h.nd .na officia~ .es~ d+.:s .2.9 d,y March
;~;J. ' /1. D. 19~_ 1
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' : ' Not~ry P lic in and fa tlw Sute of'f ~t I
~ . • My Cortvnission ~xpires:
~ ~O
' R.,~.~?-j6 FI~EO ANO RECORDEDI BEf1Y R, SEMp~a
:~irst~ F~er~1: s+~ir~ d~ t,o~ri auodatcon ST. LUCIE-COUNTY. FLA.` ppB~.~~~. '
- Of fwf Piert~. ~.`.~;ni?;~ L~~fi?~l~~ ~
Fort ~Pierc~. 'Plorids ~I~ NY COMMiSS10N FXPtREf ~ ~ ~
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: ,j' ~ ' ~6 A ,
8 APR 2 AM 10 . 3 I ;
. 1s57'44 . . ;
- F• ~ O~TR~S
CLERK CIRCUIT COURT
This instrument prepared 1~
Fitst Federal Sav. & Laan Assr~
of ier e _ BOR
oK ~ 71 55~
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