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S. To plaa u?d continuou~lY kNP on tl+~ buildinp~ naw a htr~ahM situab on said land u~d on all puipm~nt a~d perwn+lly covK~d by thh nar~¢
~p~, with dl premiwl4 tharcon pa~d ln f~11, fir~ inw~anc~ in tFw vswt stu+dard policy fam, ~n ~:urn ~pproved by th~ AAORTGAGEE. ~nd windstorn~
ieuwa~w~ in tM uwal ~tudard policy faen. in ~ wm approwd by tM MORTGAGEE, In wch comP+^Y a~*P+ni~s a tM MORTGACsEE n+~y
dincts ~nd ~II fin u~d windNorm inswana Polkia on ~ny Of 1~id bvildin0~, ~Ry 1MffHt tFN~tin 01 pirt NM~~Of, in tlr p~rp~q tvm ~foref~ld a ~
te ~xass tMr~of, ~h+ll contain ~M ~nu+l sandud mor~pspM cla~s~ a wd~ o~l+N d~us~ u tl» Mwty+pN meY rWu~n. mikinp tM Iw~ undK s+id po~F
ciM. ~ach and tw+Y. P+Yabl~ 1o s~id MORTWIGEE a ib inttr~it m~y ~ppNr, and each and ~ve~Y s~h Po1k1l ~hall b~ promptly ~u:prnd snd d~liver~d to
.ey MW by saW MORTGAGEE u tunha sew.iti ro s~id ma~yap. deb~. aed. eat I~ss tMn ten (10) daya In advanc~ of tM uepir~tion of ~+ch poliey. to d~
livu to ~aid MORTGAGEE a rN+ewsl tMrwf, rop~~hK with • ncapt fa th~ pnmiwn of wch nn~w~li and tI+K~ ~hall b~ no fk~ o? winditw~u {nwru?a
plaad a+ an1? of aid bvildinps. M~l hltHNf ~Mf~M~ Of ~t fMtWf, u^less ie th~ fo?~n'~od wi~h tl+~ tws payabl~ u ~fores~+d: and in tM ~wnt any wm
of moe~y becan~i paYable ~rw~r wch polkl? a Policia uid MORTGAGFE ~11 Mw tM option w noeiw ad apply tM sartw on acaount o1 tM ind~bted~
nas Ncvr~d h~r~by w b p~imit said MORTGAGORS to reaiw ~nd u~ it a any part thereof for other purposes, w~thout the~eb~ waivinp w impaiN
irq iny pvity, liu~ a ripF~t under ar by vittw of this mortpap~i ~nd in tM ~ven1 s~id MORTGAGORS thall fa any reawn fail to ktep the s+id pr~n+ises so
inwnd, o~ fatl to d~liw~ promptly any of ssid policies of ir?i~nnu to said JNORiGAGEE, or f~il promptly to pay fully ~ny premium th~?~for or in ~ny
nspat fail b pNfo~n1, dacha?ye, ex~a?t~ ~ffKt. compl~b, ca^P~Y with and abid~ by this coweaM. or any put t?~reof, s+id MORTGAGEE m~y place ~nd
WY for wd~ &iwwno~ or any part thereof without wNvirg a~ffectinp +eY oWion. ~fa+. ~4i+~h~. o? riyh~ uod~r or by virtw of this Mon~ap~. ~nd tht
fvll amo~nt of tach and tvery sucA P+YmM1 ~I++11 M inrnsdi~tely dw and p~yabls and shall bear int~rsst from tF~e datt therwf v~til paid M tM rat~ of
nie» p~? eentwn p~r ~nrwm ~nd toyether with wcA intKat ihall k» s~curod by tM li~n of this n~wfpap~.
4. To ptrmit, canmit or suffa no wut~. lmpakm~nt or deterior~tan of said propertp w ~ny p+A tM+~of.
S. To pay ~II arK! sinpul~r tfia.costs, chu9~s a+d ~xPense~, includinp • rcason+bb atto~ney's fea snd coits of absh~cts of title, incv?rd or paid at
~ny tirtw by said MORTGAGEE, b~cause a in the ~vent of ths failun on th~ psA of tM tsid MORTGAGOR to duly. promPtly ~nd fully pKfarn, dixhug~,
execvt~. ~ff~d, aompkt~, comply with and abide by ~ach +nd every the stipulations, s~reem~nts. conditwns, ae?d cove~snts of said promiuory rw~s and thu
mo?ty~p~ sny a ather. and ~aid cos». chupes and ~:pee~es. each and ~wry, slull be immediately dw u+d p~y~ble: whetMr or not ther~ be notice ds ~
mand, atMmpt fo aolMct o~ wit pN?dirg: ud tM fvlt x~nt of each and awry wch paYment ~hall bear interest from ths d~t~ 1FKreof until paid at the ~
ratt of nin~ p~r ce~tum per annum; snd all said tbsts, chupes artd expenses incv~red w psid. top~ti~ w~th wch imenst, sh+ll b~ a~tured by the lien of thif ~
martp+~•
b, lf~at in the ~wnt of any bnach of this Nbrq+pt or defwlt on ths put of the MORTGAGOR, or (b) in the tvam any ot s++d sum~ of mo~ey ~
h~roin ref~rrd ro bs not p~omptly and fully p~id within thirty (30) days next after the s+me severaly becarw du~ a~+d payabl~, wNhout demand o~ ~otice. ~
a W in the ~vMt each and every tl+e stip~?tations, s~r~sments, conditions and cover?~nn of sa~d promissory rate ~nd this mort9+pe any or eithe? a~e nw
~uly, promptly and fully pafo~med. d~scharyed, execvted, effected, completed. compl~ed with ~nd ab~ded by, then in either w any such ewnt the said p~
pre~t~ wm ma?tion~d in aid promis~wy oo?e then rem~ining unpaid, with interest accrved. and all mor~eys secured hereby. ahdl bscome dw and pay- i
sbls twthwith, or tMr~afia, a1 the optro~ of ssid MORTGAGEE, u fully and compl~tely ss N all of the said sums of many wer~ oripimlly stipulated
to be paid on such day. anythirg in said p?omiuory noro a in this Mortgage ro the conir~ry notwi~hstand~ng; and thersupon w thereaha a~ rM option of ~
uid MORTGAGEE, without notia or dertNnd, wit at lan or in aquity, there(ore or Nrore+her begur~, m~y be prosetuted as if a~l ma+ays secvr~d hareby ~
had mifured prior lo itf iMtitutiOn.
7. TMt in tF~e event tMt ~t the beginning of w ~t any time pending soy wit ~pon tha Mortg+ge, or to foreclose it, w ro reform it, a to enforc~ ~
paymenl of arryr cbims he?eunder, said MORTGAGEE sh+ll ~pply w the Cou~t haviny jw~sdrction thereof for the sppantment of a Receiver, such Cairt shall ~
Fatliwith ap~wint a roceivet of uid mortgsged property +II snd irgulu, incl~dmg all snd singvl~r the i~come, profits, issues ~nd revenues from wh~tever
so~rp derived, esch ~nd every of which, it beinp expreuly ur?ders~ood, is hereby mortgaged as if spedfically set futh and desaibed in the ~r~nti~p and i
hab~nduen clauses herwf, snd such Receiver ~?all hsve +II the broad ~nd effective funcriom and powen in anywise entrusted by ~ Cotirt to a Reteiver, and °
such sppointment shall be made by such Court ~s an admitted equity and a m+tter of absolute right ro ssid MORTGAGEE, u~d withouf refereace ro ths
adeqvacy or inadeqwcy of the vslue of the prbperty matysged w to the wnrency or i~solvcncy of said MORTGAGOR or the defendants, and that such `t
renn, profi», incane, iu~es and revenues sMll be applied by ~uch Receiver xcord~r~ to the lien w equiry of said MORTGAGEE and the practioe of svch t
Coutt.
8. To duly, promptly ~nd fully perfo?m. d'ncharge, execute, effect, complete, comply with ~nd abide by each u~d every the stipulations, syreemenri.
cond'rtions and coveMnb in said promissory note and this mo?tg~ge set fwth.
9. itwt in the event the owncrship of tM mort9a4ed premisa. a sny paH thereof, become~ vested in a penon other th~n the NlC~?rAGOR, the
MORTGAGEE, in succeuon ~nd ~uigns, msy, wifhout notice to the MORTGAOR, deal with such uxcessor w successor in imerest with referonce to this
morty~e ~nd the debt he~eby secured in the same mamer ss with Mortgagw without in any way vitiating a d~stharging ths Mortyagon' liability hera
under or upon the debt hereby secured. No ale of the premises hercby mortgeged and no fabearance on th~ p+n of the MORTGAGEE w iri sutcesson
or ~asgns and no extension of the time fw the payment of the debt hereby setured yiven by the MORTGAGEE w in successors or auigro, .hall operat~
to rolease, dischar~, modify change or affect the original liability of tF~e MORTGAGOR hereM, eithe~ in whole w in part.
10. It is specifically agreed !hat time is of the essence of this contr~ct sred that no waiver of sny obligsYan hereunder o IgaYan se-
cured hereby shall at s~y time thereafter be held to be a waiver of the terms hereof a of the instrumem secu?ed herby.
fa in by the promiu e secvr m n s
and sg~ees to pay to with each momhly psyment an ~ddir'wnsl sum est~mated by mwt e eqwl to 1/12 of the annwl cost of the follow-
ing:
' A-All real property tsxes kvied or a}sessed agains e real estate. , ,
I 6-Premwms on fire a~d windstorm inwrance as her ' aed to on the improvcments situate on the sbove desuibed premises.
i
I C-Premiums on suth mortgsge gwran nte ss mwtgagee shall from time to t~ it to carry on the loan secured hereby.
MOrtg~gee ahal{ from'ti notify morfgagor in writir~g of tfie sn+ouM due snd paysble her m shall thereupon be due and
~ pay~ble on the d o the next monthly payment and each successive month thereifter until mortgsgee shall notify mor g ' uch
amount. sums shall be +pplied by mortgayee toward the payment of real property taxes, insursnce prem:ums, snd mortgage gvaranty insurance
N WITNESS WHHtEOF, the said MOPTGAGOR hss hereunto set his hand snd ual the day ~nd ~rear fint afor id. ;
Sw and ~vered in th~ prose~ce of: ~ y' ~
G.--~~~~~~ •n
aq
~
tc.,q
ijjj
STATE OF FLORIDA ~ ' ~
St. Ll1Ci@
courm oF
~~,,,~~,a,,,iiy,~,s~ Williaa Henzy Griffith ~
Audzey Cotter Griffith his wife, to me well known and known to me to b~
the Indivldwls dascribed in and who executed the foregoinp instnxne~t, and ~dcnowledped before me that they executed the ssme fw the pu?poses 4
~~fe~, ~ ,,;d Audrey Cotter Griffith s
M,;{. o} tf,. willian Hernrv Griffith , upon a seps?.te.nd priv,+•
examinaYa~ by me taken ~eparate •nd span from her taid husband, acknowledged ro~nd beforo rns that she execvted ssid ir?strument hcely and volvn~
tsrily and without arqr oompulsion, constraint, appreheruio~ror fex of or from her s~id Iwsb~nd . ~
WITNESS my h~nd snd official ual this day of A. D. 19_~ ~
~
~
~ Not~ry Pu in u+d fw tr,~ State of Fbrida at Lar~e
~ M,, ex~~~: ~f',y _ 6, ~ 9 7~
~ Retwn Ta
~ Rrst Federal Savings a losn /usociation , :~10tary Q~i[. S1it2 0~ F~~ ~ V~
~ of F«r P;~.«. ~,,•,`~:;~ts;~:r,:, - nA Commi:iaa Expira w9. 6. 19n
~ Fott Pierte. Florids ~ i~ ~~7 ~ ~ ~~~i . y iwd~d b ~ Fi~ ~
•
4 ~
~ • ~ ~
`jJ: . ~ . • : = , ~ILEO AND RECpF~DED~
~ This instrument prepared by _ : ~ ~ - _
First Federal Sav. b Loan Assn. ~ _ . ST. LUCIE COUNTY, FLA."
i" ' R~CnR~ ~~ERIF!EO '
ort Pierce - • i
By ":;~,y~ ~ : , 166335
- 68 APR I 9 AN IO . I S
~i~:t:u.rt~~``'~• . ~ ~
~ - ~ - - , : , _ _ . ._-!C-~CO
~ ~ ~ CLERK CIRCUIT COURT
~ r ~f~~'~ .
~
~~~'x~'K- :.i _ _ . _ t0.~~~~'y.
` ~ _"~'~~~z.,~'.,''~'~r"~~:'_`- . . ~