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To pl~a and continuouslp kNp on tM bvildinps now a I+a~aha ~ituab on uid ~+nd +nd on ~I) ~quipm~nt aed pKSa+slly covK~d by this ~woHP
p~, with ali pruriiw:A tl?K~on p+id in ful4 tir~ iiuuru~c~ in tFy viu+l uud+rd policy (orm, ~n ~ swn ~pprov~d by th~ MORTGAGEE, u~d wi~dttam
imw~ncs In ~h~ usval N~+dard policy form. in a sum approwd by ~M MORTGAGEE, In sucl+ comP+~Y a~^P+~+ia a tM MORTGAGEE n+ay
dlnctt and all fin u?d wind~wrm inswaea Polki~s on ~ny of NW MIIWi~f. NIy MiH~~i tIN~~G1 Of pNf IINfWI, in t!N ap~rep~t~ wm ~fae~aW a
In u~at~ tMnof. ~h+ll eontah tM wwl stu+dud mat9+9k d+u~ or sueh otiwr d~us~ u th~ Mat9~ neay nqvin. makkg tM bu undN uid po1F
dw ~ach and ~wry. WYabl~ b arid MORTGAGEE a~ i1s intenst m~y appNr. ~nd tad+ ~nd ~wry iuch policy ~hall b~ pranptly ass:peed aod deliwnd ro
any Mid by said MORtG1?GEE u fwthK ~curity ro wid monya~ d~bt. and, no1 bss thae t~n (1~ days In advana of iM ~xpk~tion of each policy, 1o d?
liwr to ~aid MORTGAGEE a nnewal therwf, wp~th~r with ~ nuipt ior tM pnm~wn of wch ~~n~w~l~ ~nc! ~Mn shall b~ no fih a winditam tn~wana
plaqd an a+y of ~id buildinps, ~+y intKeat tM~~in a put tMrwi, unless in t~.~ !cxri-~ s~d with tM iwa p+ysbl~ u afaes~id~ and tn ~he ~vtnt anl? tum
of n,a,~y b~axna payabl~ wd~r wd~ polky a poticia ~aid MORTGACsEE ~h+ll h~w th~ option ro?eo~iw and ~pply th~ s~m~ on ~coow~t o1 th~ ind~bt~
nas acund I~u~by p to p~imit said MORTGAGORS to teceiw ~nd us~ N a any psrt thereof for o~her pwpoies. withovt therob~ w~ivLy a imp+'u-
irp ~?r puity. li~n or ~iphr ued.r a by vi?rw of rhis more~ap.r +~+d in ~M •w^r uid MORTGAGORS shall fa any nawn fail ro k~ep rM s+u! pr.mis.s •o
Iraw~d, a f~Il w d~liwr promptly any of said policies of insunnc~ to aid N10RTGAGEE, or f~il promptly ro p~y fully any pemivm thenfa a in any
nap~ct fail b pNfocm„ discMr~. tx~cut~. ~ff~tt, compl~t~. comply with ~nd abid~ by Mw cown+nt, w any pan hsr~of, uid 1NORiGAGEE nwy pl~p and
WY for wch in~ur+r~ or any put tMreof without w~Ninp or aff~ctinp +nY eMia4 ItM. ~4wb. a ipht ved~r a by virtw of this Mat~, ~nd tht
full ~mouot of ~ch ~nd ~vtry suc6 WYeme? sh+ll b~ irrwn~diabiy dw aod payaW~ and ah+ll be~r imKest from tM dat~ thereof until p~id M th~ ~at~ of
niry pu qnhun pN anwm and toyethe~ with wch inttrett sh~ll b~ ~ecuhd by th~ 1'Nn of Mts lnort9pe.
1. To pKmit. aon?mit or suffu no wast~. imP+irme++t w d~tKaration of saM prope~ty w ~ny part tMnof.
S. To p~y all ~nd slnpular tM•cosb, chup~s +~d ~xp~ns~s. incl~?dirg a~saw~bk ~ttwne~/s fN and oosri of abstrscts of titt~, incurnd w p+id st
any tirt~e by s+id MORTGAGEE, b~ca~ a in th~ event of tM f~ilun on tM p+rt of th~ ssid MQRTGAf90R to d~ly, promptly ~nd fu~ly p~rfonn, d~sch+ry~
rx~cut~. ~ffed. oompkts. oanpiy w~th +nd abide by ~ach and every the stipule~ions, preamenn. ca~ditio~s, and covenann of aW promiswry not~ a~d thu
mort~+~e any or ~iti~. ~nd said cosb. chuqes and expetws, tach ~nd ~wry. tMll M Gnmsdiately dw ~nd pay~bl~t whetMr a ~a! thae b~ notici ds
m~ed, ~tt~enpt ro aoi1M a wit p~ndnq; and tM fuli amount of ~ach u~d wtry s~ch p~yment sh+ll bt~? inte~eil trom ths dab tl?e?eof until psid N the
nte of nirw per eenhan pe? anrwmt and ~11 said tdsri, th~rpes ~nd exp~rnes Inwr~~d or paid. top~~ha with wch intsrest, ahall b~ s~cwed by tM lien of tha
0. 1}Nt In t}N ~wnt of any bre+ch of this Morty+pe w d~fauh on th~ part of tM MORTGAGOR, o? (b) in the ewm aMr of s~id wm~ of moeKy
h~r~in nfKt~d to be not prompity ~nd fully paid within thirty (30) days next aher the sarn~ severally becoms due and payable, without dsewnd w notice.
or W in the ~wnt each and wvy tl» stipul~tions. +9?e~enenb. tonditions ud oov~nb of sa~d promissory nob snd this morlppe ~ny or ~itAer u~ eol
~uly, promptly u~d fvlty pKformed, d~scharped, ~xawted, efficted, compl~ted, complied with and abided by, thsn in either or ~ny such evsnt tM taid a~
prq,~q svm msntion~d Fn s~id promisswy ra» tMn rtm~ininp unpaid, with interest acu~ed, ~nd all moneys secured hereby, shall becam dw and p+y-
abb fwthwirh, a tMreaRer, at t!w option of ssid MORTGAGEE. +s fully ~nd compleeely +s if ~II of the said wms of mon~y were apinaNy s~ipulated
ro b~ p~id p~ such daY. snythiig in said promiuory oote ot in this Mwtgaye to tM tontrary ~oh~rithst~nding: snd tt~e?eupon w thersafter at ths option of
wid MORTGAGEE, witlaut ratic~ w dem+nd, wit at I~~r or in ~quity, therefae or thereaher begury may be prosecutad ~s if atl moneyf sacur~d M?eby
had matwed priw to its imtitvtion.
7. Th~f in fM ewnt th~f st the beyinninp of or ~t any time pending aoy w~t upon this Mortgsge, w to faeclose it, w to rcfwm if, a to enfaa
paymsnt of any dsims hereunde?, s~id MORTGAGEE shall spply ro ths Court hsvinp jur~sdiction the~eof for the +ppomtment of ~ Receiver, such Ca?it shall ~
fortliwith appoint ~ recciv~r of ~sid mort~ed prop~rtY ~U ~nd sirgvl~r. includ~ng all and iugulo tFr income. p?ofits, issves and reaenves from whatever
wura daived. each aed ~vsry of which, it beinp ~xpreuly understood, a hereby mortgaged as if specifically set fath snd desu~bed in tM 9raming and
Mbe~dum cla~ses Mreof, ~+d such Receiva shall haw ~tl ths broad ~nd effcctive functcons and pawe~s in ~nywise ent~usted by s Coun to a Receiver. and
wch ~ppointment shall be msd~ by wch Cowt as sn sdmined eq~iry and a matter of sbsolute riyht to s~id MORIGAGEE, and without refcrence ro ths
~dequacy or i~»deqwq of tlw wlw of the prbperty mor~yaped w to the ionrency w insolveacy of said MORTGAGOR w the defendann, ~nd ttut such
r~nts, profits, incarK, issues and revenws sh~ll be applied by svch Receiver xcwdiny to the lien or equity of said 1NORTGAGEE and the practiu of such
Caut.
& To d~ly, promptly aed fully perform, dachary~, execute, effect, complete, canply with ud abide by ~ad~ ~nd every the stipulatiora, a~reernents,
cond;tions and coven~nts in s~id promisso~ry eate snd this mort9sge iet fath.
9. ?hat in the went tM ownenhip of the mort9s~ed p?emises, a any pan thereof, becomes vested in ~ penon other ihan the MORTGAGOR, the
NIORTGAGEE, its succ~son and ~uipns, msy, without ratics to thc AIWRTGAOR, dcsl with such :utcesw? w wcceuw i++ interest with reference to this
mo~tpaps and the debt heteby setured in the same msnner as with Mortgapw without in ~ny wsy vitiatinp or discharging th~ Mortyagws' liability hera
under or ~pon the debt hereby sen?red. Mo s+k of the p?emises hereby mwtyaged and no iwbearanos on the p~n of eM MORTGAGEE or iq iuaesson
w assigns and no extension of the time fw the p~yment of the debt hereby secured yiven by the MORiGAGEE w its successws or assigns, sMll operat~
~o relew, dixhu~e, modify thaege or affatt ths original lisbility of the MORTGAGOR herein, ather in whole w in part:
10. It is specifically agreed that time is of the euence of fhis contract and tMt no wsiver of any oblig~tion here~nckr or of th~ oblipation se-
a;nd hsr~by sMll at ~ny time thereafter be held to be a wairer of the terms hereof a of the instrwnent sewred herby.
n addition ro the forego:ng monthly paymenb of print:p~l ae~d iMerest required b~i t!x promissory rate setured hereby, mortgagor tov~e ~
_ and aprees to fo mortgsgee with e~ch monthly p~yment an additiw~al sum estimated by mortyagee to be equsl to 1/12 of the annual cost of ~e'Tollow-
7np:
A-AII reai property tsxes or assessed sgainst the above described real estate.
B-Premiwns on fire and windstorm as herein requ~red to be u?ried on the improvemenn :i the above desaibed premises.
C-Premiums on sud~ mort9age 9wranty inwr gapee shsll from Nme to time ~t ro carry on the loan secured hereby.
A6ortgagee ahall from time to time notify mortgagor in writing and p~y+ble he~eunder ~nd suth sum shall thereupon be due and
pay~ble on tfie due date of ttK ne:t monthly paymero ~w. month therea er t or of ~ i wch
smo~x~t. S~ch wms s toward thr payment of resl property ~ taxes, insurarxe prem:ums, and •mat9a9e 9~~+~b ~^~+~+^a
i
~ N WITNESS WHEREOF, the s~id MORTGAGOR has he?e~mo set 1w hand ~nd seal the day snd ye~r first ~foresaid. ~
~ S~a and del in the presence of: / ~
~a.r~ ~
~
n
~
STATE OF ftORIDA ~
St. Lucie
courmroF
Befor~ m~ p~aonally ~pp~ared Lenard Callan
Josephine C1~IaI1 ha wife, ro me well known ~nd known to me to b~
the IndFridwb described in and who execvted the forogoiny instrwnem, and acknowl before me that they exearted the ssme fw ths pwposes
rrK.~ .~..~.d. ~u,a rt,. ,~:a _ Josephine Cal~an
,,,,;f. o} ~ „d Lenard Callan „pon . ,ep,.,te .od privat~
exsminsYa~ by me tekee~ ~epuate and apart from her ssid husbsnd, sckrawledged to aod before me tMt she executed ~id irotrurt?eM heely and volwr
~ t~rily and withovt arpr compulsio~, cautnint, appreheny~y}} or feu of or from her ~aid husbsnd. .
WRNESS my hsnd and offidsl seal thii ,/f u day of A. D. 19 68
~
~
~ Notary P ic in ~nd for the State of Florid~ at luye
~ My ~ssion eap~res: _ L, /9 7 /
Retwn Ta
Rrst F~d.ral Savings 6 toan /?ssociatan • ~iotary P~wlic, State ol Horida at targe
6. 1971
Of Fort Pierce. t. itl t . s~. ~y
.
Fwt Pierce. Florid~ : i J~ ~~i~~` lf~dlQ ii A C+!r±~ S9.
. JQ..,..:..
• Q'' ~ ~ FILED AND RECORDED'
~ This instrument prepased by v' '
~ = ST. LUCIE COUNTY, FLA.
~ :
First Federal Sav. & Loan Assn. = ~ : r~ ~ = . r% ~ r : ! ~ r.
. of Fo~t e = co = 166191 .
. ,o ~ Q~._ .
B ;~•~•........•4~~' '68 APR 16 AM 10 : 22
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' 4• +stt~;i~~~~.
~q :'0'~;R~S
bOROKl~ P~RCE.I~?~ f~ CLERK C{RCUtT COURT
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