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9. To pl~c~ ~nd continuou~ly ke~p on th~ buildinys now a hers~~K ~itu~t~ on saW I~nd ~nd on all equlpm~nt ~nd p~na?+Ily cowred by this mo~t~
y~, with all pr~mivms tl?Kwn pa~d in full, fir~ inwrance i~ the utwl iuedard policy form, tn ~ ~um spprovsd by th~ MORTGAGEE. ~nd wi~+dstorm
i~surano~ in tFw wwl atanda~d policy form, in ~ i~m approvad by tM MORTGAGEE, In wch company or camp~nia a thi MORTGAGEE m~y
dirsttt and ~II Rr~ ~nd wi~dstorm intura~ polkies on ~ny of aW buildinp~„ any int~re~1 ther~in or part thwrwt, h tM apqrp~b wm a(onsafd w
in ~ace~ thera~t, shall conuin the wv+l stu~d~rd maty~a~ cliuu or wch o~h.r d•us. u tM Mortyap.. n++r rpdu~. m+kinp ~M loss w+d+r a~d Po~}
cies, e+ch and twry. p~YaW~ b aid MORTGAGEE as ib inter~at may ~pp~a~. ~nd ~~cl+ and ~wry tud? polity shall b~ ptomptly aupn~d a+d dtliv~~ed to
~ny held by s~id MORTGAGEE ~s furiher ~etvrity fo Nid mort9~ d~bt, and, not ku th+n ta~ (141 d+ri ir? advu?u of tl,~ ~~cpir~tion of ~ch policy, to da
liva to taW MORTGAGEE a r~nsw~l ihereof, IopttMr with a rac~ipl fw tM pnmivm of wth ren~w~l; ~nd then ~MII b~ no fir~ ot windstam Inwru?c~
plxed oe ~~y oi said buildinps, ~ny i~t~r~st ttwnin or part theraof, v~bss in th~ fum ~r?d with tM loss pay~bb a sfor~idr +~+d in tM ~wnt any sum
of ma~ey becom~s payabl~ w~d~ wch policy a policist s~id MORTGAGEE ~hall haw th~ optan to receivs u~d spply the t+m~ on aaounl of tM indebted~
neu s~cv~ed het~by w w pKmit uid MORTGAGORS to ~et~iw snd ut~ it a ~ny part the~eof iw other purpwe~, without tF~areby waiving u impa'u-
iry any pv~ty, li~n a rpht uodsr w by vi?tw of thb mort~ap~j ~nd in tM ~vM?t s+id MORTGAGORS shall fo~ ~ny rsa~on f~il ro ke~p tM ~+id pnmises w
inw~ed, or fail ro dslive~ promptly any of said policies of insur~nce to said MORTGAGEE, a hil prompdy fo p~y fully any {xemium ihKefw or in ~ny
respect f~ll W perforrty disthuqe, execute, ~ff~cf, complets, comply with ~nd ~bide by this tovenant, w~ny part herwf, wid MQRTGAGEE m+y pl~os snd
pay for ~uch i~auranc~ or ~ny put thereof without waiviny or affectinp ~ny optioo, lien, equ~ty, w rigM u~da w by virtue of this Mortpaps, u+d the
fuil ~mount of each ~nd ~very such payment shall be immed~ately dw and piy~bk u+d sMll bear imerest from tlw d~ts therwf u~til paid at tM rat~ of
nine pet centum pa ~nnum and together with such intereit shall be secund by th~ IiM of tha mortpayt.
I. To p~rmit, oonvnit w wif~r no wute, lmpairment w deterioration of ssid property or any pKt thereof.
S. To pay all snd dnyulu the cosn, char9es ar~d expenses, includinp a reasonsbl~ attwnsy's fee and cosri of abstrads of titls. incurred or paid a1
any time by said MORTGAGEE, because w 1~ the event of the failwe on the psrt of ths taid MORTGAGOR to duly, pranpth +nd fu~~Y Pe~fo?m. di~l~r94
execvte, effect, complete,~comply with u+d ~bids by each a~+d every the stipu~atiora, yraemenb, conditioru and oown+nb of said promissory ~ote and thls
mortps~e any or either, snd said oosts, cM~yes u?d expenses, esch ~nd ~wry. ~II be immediately dus and p+y~bl~s whetFKr or oot thers be notite ds
mard, attempt to colkct or wit p~ndin~; and the full ~movnt of ~ach and eva+y such paymer?t sl»II be~r i~terat fran tlw dah tMreof until p~id al the
rare of nine per centum per annum; and all said coi!s, charges snd expenses incw~ed or p+id, to~~ther with such intKSSt, shall b~ secvred by tM lia~ of this ~
mort~e. ~
6. That (s) ln tM event of any bresch of tha Mortgap~ w defwlt on tFr put of tM AhORTGAGOR. or (b) in the tvent sny of ~sid sums of nwnty
herein mferred to be not promplly and fully paid within thirty (30) days nsxt after 1he same sevaally become dus ~nd payable. withovl damand or notice.
or ln the event each and every the stipulations, egreameMS, conditlons ~nd cownants of said promissory r+ot~ and this mort9a~e ae~y a ather •ro not
iuly, promptly ~nd fully performed, d~xhsrged, execvted, effected, compkted. compl~ed with and ab'~ded by. the~+ in ~itM? or any such event ths ssid a¢
greyats sum menta~ed in said promissory ~+ote then remainin~ unpaid, with interest acuued, and all mooeys s~cv?ed hereby. shatl become dw ud pay-
eble forthwith, or thereafter, at the option of said MORTGAGEE, u fully and completely u if all of the said :ums of ma~ey wero aiyinally atipulsted
to be paid on such day, anything i~ said promiuory rate or in thi~ Mortgsge to the contr~ry ne:withstandings and tMre~pon or thereaher at tM option of
said AhORTGAGEE, without notice or demand, suit at law or in pvity, therefore or thereaher ba9un, may be prasec~ted a if all moneys sewred hereby
hsd matured prior to ib irotitution. ~
7. That i~ the event that at the beginning of or at sny time pending any wit upon this Mortgsge, o? to foreclose it, or to refwm it, or fo enforu
payment of any daims hereunder, said MORTGAGEE shall apply to tlx CarA having jwisdictwn thereof for the appointment of a RKNV~f, such Court ihall
forfhwith appoint s receiver of said mortpaged property all and singulu, including all ~nd singular the income, profits, Iss~res snd revenues from whstever
source derived, each and every of wFiKh, it being expressly undentood, is hercby mwt9aged as if specitically sel fwth and dcsuibed in the grantirg and
habendum clauses hcreof, and such Receiver shall have atl the broad snd effective furxtiw?s and powen in anywiu entrusted by a Courf M e Receivt~, and
such appointment shall be made by wch Court ss an admitted equity aod a matter of absolute right to said MORTGAGEE, and without reh~ence to the
edequacy or inadequacy of the vslue of the property mort~aged or to the wtvency or insolvency of ssid MORTGAGOR a the defendann, snd that such ;
rems, profin, income, iuues and ?evenues shall be applied by such Reaiver according to the lien or equity of said MORIGAGEE and the pr+ctiae of such '
Cowt. `
8. To duly, promptly and f~lly pe~form, discharys, execvte, effect, aorry>kte, comply with snd abide by each and every ths stipulatioru, s~reements, ~
mnditions ad ooven~nts in said pran'~sswy rate end this mortpsge set forth. `
9. That in the event the ownenhip of the mortgaged premises, w any psrt thereof, becanes vested in a person other tha~ the AhORTC~AGOR, the i
MORTGAGEE, its wccesson and augns, may, without notice to the MORTG.'WR, deal with svch wccesior w waessor in interesf with reference ro ihis
mort9ape end the debt hereby secured in the same manner ~s with Mortgagor without Fn any wsy vitiatirg w distharyinp the Mortyayors' liability I+ere-
unde? w upon the debt hereby secured. No ale of the premises hereby mortgsged and ea fwbeara~oe on the pan of the MORTGAGEE or in wcceuors
w auigns snd no extension of the time for the paymeM of the debt he?eby secvred given by tF~e AhORTGAGEE or in wcccssors or assigns, shall operate
ro release, discharge, modify chsnge or affect the originsl liability of the MORTGAGOR herei~, either in wFiole or in p~rt.
10. It is specifically agreed that time is of the euence of this contract and that no waiver of any oblgaYan here~nde? a of the obliysYa~ se-
cured F~ereby shall at any time thereafter be held to be a waiver of the terms hereof a of the instrvment secured herby.
11. In add~tion to the faegoing monthly payments of princ:pal and interest required by the promiuwy note secured hereby, mortgagor covenants
and agrees to pay to mortgagee with each monthly payment an additronal sum estimated by mwtgagee to be equal to 1/12 of the annual cost of ihe follow-
ing:
A-All real property faxes levied w assessed against the above desv~bed real estate.
8-Premiums on fire and windstorm iawrance as F?erein req~ired to 6e carried on the improvements situate on the sbove desuibed prem'ues.
C-Premiums on such mortgsge guaranty insurance as mortgagee shall from time to time deem fit to wrry on the loan secured hereby.
Mortgagee shall from time to time notify mortgagor in writing of the amount due and payable hereunder and such sum shall thereupw~ be due ~nd
payable on the due date of the next monthly payment and each succeuive monlh ther~after until mortgagce shalf notify mortgagor of a charge in such
li amount. Such sums shall be apptied by mortga9ee toward the payment of ~eal property taxes, insurance pre~?~~ums, and mortgage guaranty iruursnce
premi~ms.
I IN WITNESS WHEREOF, the said AhORTGAGOR has hereunto set his hand and seal the day and year firsf aforesaid.
i ~ Si~ned, ~jea and deliver in the presence of: r.J~/JC ~ 1L
j 1~ /li4Jl.(~ ~ - ~ ~,~~r (t-~0
~ ~
€ ~
~ ~-n
€
STATE OF fLORIDA
~ St. Lucie ~
courmr oF
# ie Witcher
~ Before ms perwnally aP~
ared ~^d
~d@SSa P1CK@11S W1tCh@I ~ formerly Odessa P1C ens, ~~fe, ~~~II known and known to me ro bs
~ the individu~ls described in and who eaewted tF~ f ey~inp Gyt?u , and ~o~,~d beioc, ms th+ t executed the sams for ths purposes
rn~e~ .xP.euea. a,d rhe s. ~essa Pic~cens Witc~ier, torme~ly Wessa ~'i~kens,
~ wife of the ssid ~d1Q W1LC er ~pon ~ sepswte and privat~
~ examin~Ya~ by me tsken separste and apart from her said husbsnd, adcnowledged ro snd before me that sM exeaited said instrument freely and rd~rr
tarily and without any compulsion, constrsint, apprehsnsion, or feu of w from har ssid hvabsnd. S
~ WITNESS my hsnd and official seal thia 2nd _ day of ~ , A. D. 19 68
~ r
;
~ Nota Publk io and for at at lar
~ My Comrniuion ~xpira: ~~-20'' a ~
f Retum To:
~ F;n, rYa~+~ s.~~~. a~~~at~ FILED AND RECOROEC' ,~,s.:t~jE ~F F~Uf~lOA Ai Lt+sa1
~ Of Fon Pierce. $T. LUCtE COUNTYW ~~„ON j~(pIRES y0V• Z6~ 1971
~ Forr P~erce, Flor~da RCCOr~i VERlF 7Mti JGM es~o r. D~ESIt~M~~ay.
~ lss8~~ . ~
~ '66 tdAY s I { : 3 ~ ' '
~ repared bv ~1y1. - ; , ~ti =
~ This instrument p : _
~ First Federat Sav. & Laan A~ ~io~E.~ F~OITR _ ~ ~ • - _
of For~ Pierce CLERK CIRCUiT COUR7 . . ;
- - ` .
D. Chastain v '
B ~ '
Y.
aooK~.?1 PACE2148 ~ ~ - . ~k
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