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To p1ac~ and continuously kNp on tM buildinys now a M.sahM Wtw» on said tand and on ~II equipm~nt a+d penon+~h covK~d by this mo+~
ay~, with dl pr~+niuaA thsreon p~id in ful4 fir~ ir?iuranc~ in th~ usu+l s~snd+~d policy fwn?, ~n ~ tu~ approwd by tM MORTGAGEE. and wtnditorm
tnwranc~ in th~ ~swl ~unda.d pol~cy fam, in ~ aum approv~d by tM MORIGAGEE, In wch company w canP+^t~s u?h~ MORTCsAGEE may
dincf~ and dl fG~ and wuw~lorm iniwa~a polki~s on any of aid buildinys. ~ny Inbresl tM?N~ w pa~t thNw1. in tM ap~~p~~~ wm afons+id w
in ucass therwf, ahall contain tM uswl ~tandard mat~~ clavs~ or such o~ha davs~ as th~ Ma~~pe~ ~n+y ~+4~w, m+ki^0 tM loa urdN ~+id Pd}
cia. ~ad~ and tvKy. p+Yab1~ to s+id MORTGACsEE a its interest may appNr, ~nd each and evay sud+ policy aMll prompth ~u:9n~d +nd dslivK~d ro.
~ny Mld by said MORTGAGEE as fur~hu s~cvrity ro wW mortp~ dsbt, and no1 I~u tMe t~n (101 day~ in ~dv~ac~ oi th~ ~xpir~tioo of Nch policy. 1o d~-
liwr to N1d MORTGAGEE ~ r~wal tF~wf, top~tFwr with a reuipt for tM pr~miwn of wch ~Mewalt and ~hK~ sMll bt oo fw~ o? wind~torrt~ M+tw~nt~
pl~pd on any of aid beild'ugs, anq interat tMrein w p+n tMr~of. unl~u tn t!n ionn' ~nd with tM loss payabl~ as ~(w~s+id~ ~nd io tM ~wnt ~ny ~wn
of moeNy beean~s paYabl~ u^J~~ wd+ Po1kY w po~ie'~s s+'d MORTGAGEE shall haw th~ optan ro ntsiw and appiy tM samt on +eeo~nt o~ th~ ind~bted~
r»w Ncund Mreby w a pKmit s~id MORTGAGORS ro?eceiv~ and ~s~ it or ~ny part thereof fo. other purposes, wi~hout ~hereb~ w~ivi~y a impair-
irq any pu;ty, IiM w ipht unda or by virtw of this ewrtpap~t and in the ~wnf taid MORTGAGORS iMll for ~ny nason f~il to keap th~ s+id pem~tes so
insured, or f~tl to d~live~ promptly ~ny of said policies of iosunnu ta wid MORTGAGEE, o. f~~~ pro~+Piy ro wr f~~y +ny PrK^ium therefoi w in any
reipett bil b pertocnb dixMrp~. ~x~cut~, eff~tt, tompkt~, comply with ~nd ~bid~ by this tov~n+nt, w any put hereof, said MORTGAGEE may pl~te +nd
p~Y for such irowanc~ or any p+rt thsreof witho~rt wahG+y or aff~ctlnq +np option. IiN+. W~~tY. o+ riyht unda or by virtw of thit Morty~pe. and ~ht
full ~t of esch ~nd ~wry such p+ymenf sMll b~ imm~di~tdy dw and payabb snd shall b~u interest from tM dal~ thsr~of until paid a~ th~ rat~ ot ~
nin~ pK pntvm pK ~nnum u~d togethe~ with suth interpt s1a11 be sccund by th~ INn of this Inwty+Q~.
4. To pKmit, aomn~it or wffer no w+at~. impairment w deteiaration of s~id prop~rty o? any puf the+wf.
5. To pay sll ~nd sieq~~ar fhe.oosts, cMryes ~nd expenses, includinp a reawnsble atrorney's fee and costs of abstrac» of tid~, incuned or paid at j
any tim~ by said MORTGAGEE, bec+us~ or in tl+e ~v~nt of ths failvre on the paN of tM s~id MORTGAGOR w duly. pomptly and fvtly pe~fwm, diKha.g~ ~
~xecvte, ~ffset, oomptsre, comply with and abide by esch u+d every the itipulations, agreemenb, condiY~o% and covrnaats af ss'rd Frs:.:~~~.y nors and rhis ~
mortpap~ aMr a ei~he?. ~nd ~aid costs, charq~s and expernes, each and ~very, th+ll b~ immediaiely due ~nd pay~ble: whethe~ or not ther~ M notici ds :
mend, ~nempt ro eolkct or wit pa+d~ny; and tM full ~nt of ~ach and wery s~ch payme~t iAall bear interest fran the d~te thereot until psid at the i
rate of nin~ per ce~tum per annum; +nd all said odst~, ch+r9es ard expa?ies incurred or p+id, top~tMr with tuch intenst, shall b~ qcured by th~ li~n of this ;
~
b. 7hat W in the evenf of ~ny breach of this Mortpap~ or defa•~It o~ the part of the MORTGAGOR, or (b) in tM event sny of ~aid ~ums of money =
herein nfsrr~d tc be not prompty and fulty paid within thirty (30) days next after the ssme severalty become due and payabls, withovl d~mand a notic~. i
or in th~ ~verlt e+ch aed evsry tlts stipulatior?s„ sgreemenb. ra+difions and covenants of said promiuory note and this mortg~pe any o~ ~itl+er art no1
iuly. promptly u~d fully performed. d~schar~ed, execvted, effbcted. compkted, complied with ~~d ab~ded by, than in eithtr or any such ~wnt IM said ag
qre~h wm meotaned in ssid promissory no1~ then remaininp unpaid, with inte~est xvued, and all moneys setured hereby. shall becom~ dw and pay-
able iorthwith, w thereaAe~, at the optioo of taid MORTGAGEE, u fully ~nd canpletely as if all of the said wms of money wer~ aiqin~lly sNpulated
to be psid on wch day, snythirg in said promissory note or in this Mortgage ro the contr+ry notwithstanding; and thereupon or thercafter at the op~an of
said MORTGAGEE, without oo~ice a dc~n:iwi, wi1 at {aw ar in a~:r~, therefore c: !!:r~!yh!v ~+egvn, msy be orosecuted u if all moewri s~wr~d he~eby ~
had matured prior to in Guritution.
7. That in th~ ~vent tMt ~t the begine?ing of or ~t any tirrK~ ~ng aoy suit ~pon this Mortg~ge, or to fweclose H, or to reform tt, M/0 MIO?p
payrt~ent of ~m daims hereunder, said MORTGAGEE sh~ll ~pply to the Court haviny jurisdiction thereof for the appo~ntment of • Receiver, such Court sMll f
Fortliwith ~ppoint ~ nceiver of said mort9aged prope~ty al) a~d sirgulu, i~clud~ng all and singulsr th~ tncome. profits, issues and revenues from whatever ;
sourp derived, each uid ~very of whrch, it being expressly u~+dentood, a hereby mortgaged as if specifically set forth and described in the yraMinp and
habendwn clauses hareof, ~nd s~ch Receiver shall Mve sll the bro+d snd effective fvnct~ons and powcra in anywise eotrusted by a CouN to a Re~iver, ~nd
wch appointme~t sFull be made by wch Cwrt ~s an admitted eqvity aod a matter of sbsolute r~ght to said MORTGAGEE, snd without reference to the
adeqvxy a in+dequacy of ths wlue of the prbperty mortgsged a to the sonrency o? insolvency of said MORTGAGOR or the defendanp, and that such
renn, profits, income, issues and revenues sh~ll be applied by such Receiver accwdinq 1o the lien o~ puiry of said FM'3RTGAGEE ~od the practia of such
Court.
6. To duly, pranPtly aod fully perfwm. d'acharpe, execvts, effect, eomplete. comply with ~nd abide by each ~nd every the stipulstio~a„ syreemenq.
conditions and covensnts in said promissory not~ and this mortgage set fath.
9. That in the event the ownership of the mortgs9ed premises, or any psrt thereof, becomes vested in a person othe? than the /NORTGAGOR, tM
MORTGAGfE, Its successors snd auigns, msy, without ~otice to the MORTGAOR, deal with such successor w successor in inte?est with rofcrence to this
morty~ and tM debt hereby secv~ed i~ the tame manner as with Mortgagw without i~ ~~y way vitistir~ w diuharging ihe Mwtpagws' liability Mra
under w vpon the debt hereby sewred. No ale of the premises hereby mortgaged ersd no fwbearance a+ ~he pan of the MORTGAGEE w in successors
w sssigns ~nd no extension of the time for the payment of the debt hereby secured given by the MORTGAGEE w in succsssors a aui9ns, shall operat~
ro release, disd+ar~, modifp chu+pe w aHect the orig]nal liabifty of the N10RTGAGOR herein, either in whok w ln part.
10. It is specific~lly sgreed that time is of the euence of this consract and tlut no w+iver of any obligation herevnder or of the obliyation st
a;red hereby thall ~t any Yune tF~ereaher b~ held to be s w~iver of the terms hereof w of the instrument secured herby.
11. In addition to the forego:ng rtanthly paymmts of princ'ppl +.~d interest required by the promiuory note secured hereby, mortgsgor tovenants
and agrees to psy to mortgsgee with each monrhly psyment an sdditional sum estimared by morrgsgee to be eq~al to 1/)2 of the ann~al cost of the iollow-
ing:
A-All real property tsxes kvied w assessed against the above dewibed real estate.
B-Premiums on (ire and windstwm insuranoe as herein requ~red to be urried on tF?e imp?ovements sitvate on the above desuibed premises.
C-Ptemiums on uKh malgsge qwnnty irouronte as mortgsgee shall Irom time to time deem fit to urry on tF?e loan secured hereby.
Mortgagee shall from time to time notify mortgagor in writing of the amount due and payabk Fxreunder and tuth wm shall thereupon be due and
`t pay~ble on ihe due date of the ~ext monthly payment and each successivs month thereafter until mortgagee shaU notify mortgagor of a change in such
~ amount. Such sums shall be +pplied by mwfyagee toward the payment of real property tsxes, i~uu~ance prem;~ms, and mortgage gwranty insunnce
~ premivms.
~ WI ESS WHE , the said MORTGAGOR hss hereunro set his hand and seal the day snd yesr first af
~ ted li k~ th~' esence of: •
o-~Q ~o n
n-.n
~-.o
STATE OF FLORIDA
courmr oF St. Lucie S
6efore me persa~+lly appeared Franklin A. Harris „d
Valerie V• Harris his wife, to me wetl 4nown and known to me to b~
the individuab desc?ibed in and who executed the foreyoirg instrwnent, ard acknowkdged before me tMt they executed tf?~ ssme ior tM purposes
rF,~,~in ~,c~„es~~d, A„d the w;d Valerie V. Harris
~ W~f~ Franklin A• Harris ~ y~~~1e w;~~t~
~ exsmin~Yan by me taken sepsrate snd apaA from her s+id husbsnd, ackraw{edged to u+d before me thst sht executed s~id instr~ment freely and voluo-
tarily and without arqr compulsion, constraint, apprehension,~ fear of a from her said husband.
WRNESS my Mnd and offici~l seal th~~ L~~J'~ day of ~ 1 A. 0. 19_S2$
~ Notary P ic in and fw the State of Florida ~T lar~s
~ My iuiaf expires: G / rl 7/
~ Retum Ta .
~ First F~dewl Savings 3 losn /lisociation • •
~ Of fort P7erce. . . ~Otary Stite Of ~Ofidi i~ ~
~ Fort Picrce. Flwids ~ -
t . My Coa~misswn tE~ Aiq• 6, 1911
~ . - , I..aa ~s ~•«K+~ [fe a c+~.iMr
- FILED AND RE~ROED
• ~ ~ ST. LUC1E :,Q~1~:TY. F~A
z ~ : r ~
~ _ ~ `;=J : _ . . _ 165852`rn.
Thts Instrum '68 APR 4 AM I I: 0 3
ent prepared br .
~rst federal Sav. & loan Assn. • ~ •
} ~ ; : ~:.s
of Fort rce . . . ~ '
8 . ' CLERK CIRCUIT COUr~T
BOOK ~ / ~ PAGE . I OS ~
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