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3. To plac~ u~d contievously kNp on tM buildin~s now a~hsr~aNK ~itwt~ on iaid I~nd ~nd on all p~ipm~nt ~nd pKwnally covK~d by this mon~
with ~11 premiumf thereo~ p~id in f~ll, tk~ ir?iu~~na in tt~s uswl st~ndard policy form, In • twn approwd by tM MORiGAGEE. ~~d wi~dstam
inauranc~ in tM wwl ~qndard policy form, in ~ wm approv~d by tM MORTGAGEE, in such company o~ compa~ia a tM MORTW1CsEE may
duec:r and dl ft~~ aed windstorm inwrana polki~s on ~ny of sald buildiopa, u+y Mt~rat tMrejn a part thereof, M tM apprpaN wen ~faaaid w
in ucces~ thaaof. aMll contatn M~ vwal at~ndard mortpspM d~v~ a ~uch WM~ daw~ ~s tM Morty~ may rpuir~. m+kGp tM bs~ unda wid polb
des, each ~nd ~wry. p~Yabl~ 1o said MORTGAGEE a in interat m~y ~pp~ar. and tach and ~very wd+ policy sh~ll M promptly ~ss:~n~d and d~livered ro
•ny Mld by said MORTGAGEE a fvrrh.r ~ecvriry ro saM mortyap. deb~, snd, nat Itss th~n ten p0) daya in adv~~u of tM ~xpi?~tion of ~ach policy, ro dr
liva ro aid MORTGAGEE a rentwal thertof, WpethK with • rec~~pf fw tM pr~miwn of wch r~xw+lj ~nd thtr~ sMll b~ no f'u~ or wi~storm inw.u~c~
piaced on u?y of s~M buiWinps. ~ny intsrat tF+Kein or put tl~wf. v~less in th~ fwm uid wi~h tl+~ bu payabl~ a ai«aaid~ and io tFw ~wnt ~ny wn?
of money b~com~s pay~bN ur~ s~ch policy w policies ~aid MORTGAGEE sh+ll Mw tM option ro nteiw ~nd apply the asm~ on account of tM indebted-
neu s~t~red Mrtby or b pxmit s~id MORTGAGORS to receiw and ~ N w any part thereof iw othar purposes, without the~eby waiving or impair-
irp ~ny equity, UM p ripM undK o? by virtw of thb mat9ayet +~d in tM ~vent wId MORTGAGORS shall fa ~ny rea~on fail ro k~ep t!w said pnmises w
int~ted, o~ fail to d~liver promptly ~ny of said policies of inwranc~ to tsid MORTGAGEE, or fai) promptly to p~y fully ~ny premium therefor or in u+y
respacl fail b perfam. disch~~~~, sx~cvt~. ei(M, compktt, comply with and sbid~ by this mvenant, a any pan hereof, said MORTGAGEE may pl~ce and
pay fot such inwr~ w any p~rt thereof withm~t w~ivinp w~ffsctinp aoy optian, li~n, equ~ty, a ripht under or by virtw of thls Mort~+~, and th~
full ~mount of ~ach ud tvery sucA payment sh+ll be imn~diately due ~nd p~yabl~ u~d shali be~r interest from tl+~ dat~ therwf until paid ~t tM ~aN of
nin~ per oentwn pa annum ~~d togsthsr wUh wcA interest shall be secured by tM Ilen of this matpay~. ,
1. To psrmit, oanmit ot suffa no w~st~, impairmsnt or da+erioration of s~id propaty a any p+rt thereof.
5. To p+y all and s4gvl~r ttK cosri, ch~rpes ~nd expenses, includinp • ~esson+bk ~ttaney i fee and cosb of ~bstracts of titls, incwred w paid at
•ny r'~me by s•id MORTGAGEE, bauuse or in rh. •ve~f of ~fie hil~,re on tM p+n of fM uid MORiGAGOR ro duly, promptly ~nd fvlly perform, discM~ga~
exacute, effsct, canpkte, camply with uw! abide by each and every the stipulatiom, syreenxnts, conditions, and eovenants of s~id promiuory note and this
mort~ape any w either, uid s~id cats, chsrges snd ~~s, each ~nd ~vsry. sMll be Gm~adiately d~e and p~y~blej whsther w nw there b~ notice de
mand, mempt to oollect ~r wit ptnd~ng; ~nd tM f~ll amount of each snd wery such p+yment ahall bear interest from tM d~t~ thereof vnKl psid at tM
rate of nine per centum per ~nnum; and all said costs, chuges and exper?ses intwred o~ paid, topNher with such imK~st, sh~ll b~ sscured by tM lisn of thu
morty+pe•
6. iMt in the evsM of ~ny breach of this Mortyap~ o? defauh on ths p+rt of the MORTGAGOR, w(b) ln rM .vem any of wd wms of mon.y
herein refared to be not p~omptly and fully paid within thiry (30) days next •fter the same sever~~ly becane dve and payabk, without dert?~nd w ootice,
or in th~ event esch and every ths stipvlaYans, agreeme~b. conditans snd covenants of iaid promissory note and th~s mort~a9e ~ny or either aro o01
iuly, promptly and fully p~rfwmad, d~ccharyed, executed, effected, compkted, complied with and abided by, then in either or any such event tFw s~id ag
gregste wm mentia~! in ssid promissory note thsn remaininp unpaid, with interest aarved, a~x! all morkys secured hereby. shall beoome dw and p~y-
able forthwith, or thereaha, at ths option of said MORTG;,GEE. ~s fully and completety as if ~II of the said wms of mor~y wer~ a~pin~Ily sGpulated
ro be paid on such day, anyfhinp in said promissory note or in this Mortgye to the contnry e+otwithstanding; and thsreupon or tMere~fter at th~ option of
said MORTGAGEE, without notice or dsm~nd, wit at law or in equity, tAerefwe or ther~after b~gun, may be prosecuted u if all ma~eya ~ecwed hereby
had mafured prior to iq Irotitution.
7. That in the event that at the beginning of w at any tims pend'ing any wit vpon tha Mortg~ge, w to fwedwe it, u to reform it, w to enfwn
payment of any claims hereunder, said MORTGAGEE shall ~pply ro ths CouH Mving jurisdiction thereof for the appo~ntmenf of a Receiv~r, svch ~ourt shall
fwthwith appoint a receiver of said mortgsged properfy all and wgulu, includ~~g all and singulu the income, profits, issves and revenues from whatever
source derived, each and every of which, it beinp expreuly underitood, is hereby mortg+ged a if spec~fically set forth ~nd de~cribed in the graming and
habEa•~dum clauses hereof, and such Receiver shall have all 1M broad and effective funct~«n snd powen in snywise entrusted by ~ Court to a Receiver, and
such appoinfinent shall be msd~ by such Cwirt as an admitt~d equity and a matter of absolute right to aid MORTCsAGEE, H+d without refe~enot fo the
adequaty a in~dequacy of. the,valve of th~ property mohpaped or to the soNency w inwlvency of said MORiGAGOR a tM defendann, and that wch !
rents, profin, incane, iuues and revenves shall be ~pplied by such Receiver accordiny ~o the lien or equity of s~id MORTGAGEE and tM prsctin of wch
Court. ~ .
8. To d~ly, p?omptly and fully psrfwm, discharye, execvte, effect, complete, comply with and abids by sach and every the stipvlatian, ayreeir~ents,
condiYans and caven+nq in said promissory nota and this mortgsge set fwth. -
9. That in ths event ths ownenhip of the mortgsged premises, w any part thereof, becanes vested in a person other thsn ths MORTGAGOR, the
MORTGAGEE. its successors and assi~ns. may, wittaut notfce to the MORTGAOR, deal with such succeuw or successor in interest with refereROe ro this
mortya~e~and the debt hareby secvred in the same manner as with Mortgsgor without in any way vitiatinp or discharging the Mortyagon' liabiliry hers
under or upon the debt hereby secvred. No aak of the premises hereby mortgaged and no forbeusnce on the paN of the MORTGAGEE a iti successors
or auigns and no extensan of the time fa the payment of the debt hereby secured given by the MORTGAGEE w its wcceswn a auigro, shall operate
ro rckase, d'ucharye, modify change or affect tM original liability of the MORiGAGOR hereu~, either in whote w in part.
10. tt is spetifically agreed that time is of the euence of this contract and that ra waiver of any obligstion hereunder w of the obligation se-
- cured hereby shall at any time thereafte? be held to be a waiver of the terms hereof or of the i~trument sec~red herby.
11. 1
and agrees to pay to with each monthly payment an additanal svm estimated by mortgagee to be eqwl to 1/12 of tFie aonual cost
~ng:
A-All real property taxes kvied er auessed agaimt described real estate.
B-Premiums on fire and windstorm inwrarxe as herein required to be improvements situate on the abcve dewibed premises.
C-Premiums on wch mortgsge guaranty insuranc ce shall from time ro time carry on the ban secured hereby.
Mwtgagee shall from time t mortgagor in writug of fhe amount due and payable hereunder a shall thereupon be dw and
payable or~ the next monthly payment and each successive month thereafter until mortgagee shall ootify mortgag in such
~ a~
premiums.
IN VlITNESS WHEREOF, the said MORTGAGOR has hereunto ut his hand ~nd seal the dsy and r fint aforesaid.
~ _
{ ~sgnea, se ~ ae~M pres~+~ of:
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STATE OF FLORIDA ~
St. Lucie
courm oF
~fae ~~~iiy ~~u~ Annie Gilbert, a single adult, formerly Annie G.
Mobley ~~,,;fsi to me well known and known fo me ro bs
the individwk described in and who ~xacuted tM foreyoiny instrwnent, and acknvwtedyed before .ne that tMhr executed the same for th~ pvrposes
~ rherein expres~ed. -rMiN».~id she
- wifr-oi ~M•s~ii ~Pa++~'P~~ +~'P~~~
~ -«c~iw~tiow -by ~-f~ic~s~p~w~e-w+d~ ~r? ~renr ~+a l~b~n~ edu+owkdyed~ b•s~~ be4u~n~rthat -ihe-euateta!'s~id irateo~enent itw1~~+Q' w~h~
- raAf f aMl! ~1Alebr ul~'~otnpotslot ,r o~nr: ap~twealo 13~w fl!!~^ef ~ir irartr h~ s~1d~f~e~b~rid.
WITNESS my hand and official seal 1tiK dsy of May , A. D. 19 68
~ +
~ ~ry Public in and for th~ Stat~ of Florida ~t larps
My Comrna:ior+ ~xpires: ~ fi
~ Retvrn Ta. • - ^
~ First Federal Savirgs 8 Lo~n AssocisYan
o? v~~«~. ' FfLEO AND RECORDE6'. ~
FLA. MOTARY PU8LIC. tTATE OF Fla~~~~~ Ai ~B~
~ ~ PK.~, Fia~ ST, LUCIE COUNTY. j971
~ n MY COMM~SSION E~PiRES NO~• ~6,
~ Ft;'.CQt~t! ,J?=L~i~ iONDED T~fRUYGM EBLD W. CIGBIiLMON~+
~ 165~2"~ . . ~
~ ~ . ~ " .
This instrument prepared ~ '68 ~IY ` AM 1 i: ZI
~ First Federal Sav. & Loan A~~}. ~ ~ ' a - . _
of Fort Pierce _ ~ s`=~ ; ` -
gy T, uriscoii r~ocEH t~01TR4S ~ ?
CLERK CIRCUIT COURT ~ ~ ~ ~ ` ~f~ ~
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- ao~ ~71 ~?142 . ~ ; ~ -
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