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Z. To pl+n a+~d continuovsly kNp an th~ butldinp~ now a 1+~reafiK ~itwt~ on said land and on all equipm~nt and p~+sonally cova~d bY ~~~P
ap~, with ~U premiwr4 thtnoe? pald in full, iL~ ir?tvru~c~ in tFy uswl su~dard policy form, ~n ~ ivm ~pprowd by tFN MORTGAGEE, ~~d win~btorm
inwtu~ce in tM vwal aqndud po1Ky form. in ~ wm approv~d by tM MORTGAGEE; in such comp+nY o? camP+^i~+ a t1r MORTG/1CsEE may .
dinctt aed all fir~ ~nd wirw~tam insuraea polki~s on +oy of ~aid buildi~g~, any tote?~t tMr~In w pan tMnof, in tM apprpa~~ wm afor„aW a ~
le ~xc,NS tMrwf, sAall contain tM uw+l sr~ndud matp~ clsus~ a s~ch otl+K cl~us~ ~s tM MonypN m+y nquw~. m~kinp rM toss u~ ~+id po~b ;
ciM. ~ach and ~very. P+rabl. ~o •.id MORTGAGEE a in im~.a~ may app~+?. aod esch and w~ry such policy ~hall b~ promptly us:~ned u~d d~livKed ro ~
any MW by t~W MOfi:GAGEE a fvniwr secu.iN ro said mo.r~+~. d~W. +nd. not le+s tF?~n tee l1~ days in adv+nu of tM ~:pkation of ~ach po~~cy. to dM
liw~ ro a~d MORiGAGEE ~ noew~l tM~wf, wpethK with ~ nuipt fw th~ premiun~ oi wch nnew+lj and tF~~ ihall b~ no fi~~ a wind~tw~ lnsvra+c~ i
plapd on ~r of said buildi~gs, a~i a~se+sst tMnin or put th~nof, vnt~ss in th~ form'and wi~h tM loas p~y~bl~ ss ~fons~Wt +~+d in tM ~wnt aey wm 1
of Rwe~y beco„KS p~Yabk w,dN wd~ poliey or polK»s ~ad MORTGAGEE ~h+ll Mw tM optioo w ne~iw ~nd ipplr tM s+m~ on +aow+t o1 tM Md~bted~ ;
n~as secvnd her~by a b pKmit said MORTGAGORS ro reaiw and tn~ it or ~ny put tFKreof fw otF+e~ purposa. withovt thaebi waivin~ a imWir- ,
irq any puity, IiM w ripht w~de~ w by virtw of this mort~ap~t ~nd in th~ ~vMt wid N10RTGAGORS sh+ll for ~ny nawn iail to k~ep tM aid pr~mises io t
insur~d, w f~ll w d~livK pranptly ~ny of s~id policie~ of iniunna~ to said MORTW?GEE, a hil promptly to paY fully a~y pr~mium tMrefa or in any !
nipM fail b pMfoeen, dischu9e, exavte. ~ffM, compbte, comply with and abid~ by this cov~nant, or any put herwf, ssid MORTGAGEE may plm snd 't
WY ia ~uch inwrar~ o~ ~ny p~h tMreof without walvinp or ~ff~cYag +nY ePtion. ~i~n. ~4~+ity, w?ipht undsr or by vi.tw of this Mort~a~. and the t
full ~movet of ~sch a:d wKy such paym~nt ~I++II b~ imrMdiahy dw and pysbb and sMll beu intK~at fran tM dah thsrwf ~ntil paid M tM raM ol ~
nirr pu untvm p~r anrwm and togNhe~ with wch interest iF?sll b~ setw~d by tM lisn of this mortp+p~. '
To permit, eomrtdt o? wffK no wast~. M~p+urn~nt or d~teria~tion of s+id propKb o? anY P+?f thenof• f
S. To p~y ~II ar+d ~iepula tM.costs, ch+rp~s u~d exp~nses, inclvdieg s nasoo+bb attwn~p's fe~ and aosb of ~bsnac~s of title, incvrced o? o~id a~ f
~ny tim~ by said MORTGAGEE, b~caus~ or tn th~ ~wnt of tM failun on tl+~ p~rt of tln said JNORTGAGOR ro dvly, promptly and fvlly p~.forn?, d~scharg~
~:~cvt~, effad. oomplet~. oanply with a+d abid~ by ~ach and every ~M sti~wlations, a~r~sments. conditio% and cowoanb of said promissory noh and thN
mwt~ aMr ar ~itlw~. and s~~d cosn. d+uqes ~nd ~xpernes, each ~od ~very, sh+l1 M immad'utely dw snt! p~y+W~s wMther a not tMr~ b~ notid da
rrwnd, att~mpf ~o ootlact ~ svit p~ndinps +nd tM fvll anaunt of sach and wery such p+Ymen1 sh+ll bear interest from tM dat~ tFKreof until p~id ~t the
rste of nie~e p~r cvntum per urwm; and all said o3sts, cM~~s and expenses i~curred or p~id, top~thK with such inttr~st, shall b~ wtur~d by tM lian of thii
0. iMt W ln the ewnt of any breach of this Mwt~ap~ or defwh on Mr pan of the Ai10RTGAGOR, or (b) in th~ ~wnt ~ey of s~id sunu of awrKy
her~in nhrt~d to b~ not nromptly and fully p~id within th~ny (30) d~ys next sfte~ tM sam~ sevaally become due and pay~bb, withow dema~+d a notice,
or W ln 1M twnt ~ad~ ~nd ~vKy tM stipulstioi+s, agraanents, conditans s~nd tovMann of ssid prom'~ssory note and thia morlpape any a either ~n ~wl
iuly, promptly and ful~y pKiwm~d, d~xMrped, execvt~d, effected, completed, complied with ~nd abided by, th~n in either w ~ny such ~wnt tM said a~
presat~ wro mtt~Yanad ie s+id promiswry note then ~em~ininp vapaid, wit6 111tNKt Kpu!<J, and all mor?eys secured hereby, aMll betarw dw and pay- ~
ab1~ forthwith, or thersaher, a~ tM option of said MORTGAGEE, u fully and compktely as if •11 of the wid wms of moMy wer~ orginally itipulated
ro be paid on svch day. anylhiop in said promissory ~ote o? (n this Mortgsge to the contrsry notwifhsunding; ar+d thereupon or thert+ha at th~ option of
ssid MORTGAGEE, withouf noY~ce w demand, wel at lawr w in puity, ther~foro or thereafter be9un, may be proxcuted u if all ma~eys sacvnd hersby
Nad maw..d pra. ro in uarirurion.
7. TAat in th~ ~vent that at the beyinning of ar ~t uey time pending ~oy wit upon this Morty~ge, w ro foreclose H, or to roform it, w to enforp ~
paymer?t of ~~y dsims haeunder, s~id MORTGAGEE shall apply to the Court having jur~sdktion thereof fw the appo~ntment of a Receiwr. such Co~it sh~ll ~
fortliwith sppoint ~ receivet of said mort~sged property all and sirgular, indud~ng all snd singular tM income, p~ofits, iss~es a~+d revenues from whatever
souro~ darived, each and every of whrch, e beinp expressly understood, is hereby mortgaged as if specificslly set forth and desuibed in tlk 9rantinp and
hsb~ndum cl~uses Mrwf, u+d wch Receivp ihall have ~II the bro~d ~nd effecNve fona~ons and powen in anywise entrwted by a CouN ro ~ Receiver, ~rr!
•uch ~ppointmtnt shall be mada by wch Cowt as an admitted eq~iry and a rrntter of abwlute ight to said MORTGAGEE, and withow nierence to th~
adeq~scy a in~dequacy of the wlu~ of the prbperry mortgaped or to the sowency or insolvency of said MORTGAGOR a the defendants, and tMt such
rents, prof~ra, income, os~es +nd reven~ei shall b~ ~pplied by such Receiver sccordirg to tM lien or equity of said MORTGAGEE and the practia of wch
Court.
8. To dvM. promptly and fvlly pe?form, diuharye, execvte, effect, complete, comply wi~h and ~bide by e~ch and every the stipulatiora agreemenn,
co~ditwea ~rd oovenants in s+~d promasory note and this mortgspe set fath. .
9. That in ths went tM owncrship of the mortgayed premises, w a+iy part thereof, becomes vested in a penon other th~e the 1NORTGAGOR, tM
MORTGAGEE, its succeason and ~uipns, may, withow notice ro the MORTGAOR, 1leat with such succeuor or suaeuw in infcrest with refe~ence to this
mwt9ap~ and tM debt hereby secured in the same manner as with Mwtgaga withouf in a~y way vitistinp or distharping the N1ort9~gws' liability hsrr
under w vpon the debt hereby secured. No s~le of the premises hercby morty~ged and no fwbearance on the part of the MORTGAGEE a its successon
or usigm and no extensioi~ of the time fw the p+ynxnt of the debt hereby secvred yiven by ~he MORTGAGEE w its sucussors a assiyra, ,MII operat~
ro reltas~, dixha~ye, modify ch+nge w affect the original lisbility of ths MORTGAGOR herein, either in whole or in put.
10. It is spetificslly agreed that time h of the essence of this contr~ct and th~t no w~iver of ~ny obliyation hereund~r or of the oblipation se~
a,rad hereby sMll ~t any tune thereafier be held to be • waiver of ~he terms hereof w of the imtrurtrcnt secured herby.
I1. In add~tion to the fwego:rg monthlY psYrrKnts of print:p~l and interest required by the promiasory note secured hereby. mortgagor mvenants
and ~y~ees to pay to mortgagee with exh monthly paymeot an ~dditanal sum cstimsted by mo?tgsgee to be equal ro 1/12 of the annua{ cost of the follow-
irg:
A-AU real property t~xcs kvied a sssessed against the sbove dexribed resl esute. ;
8-Premiums on fire and wi~dsto?m inwrante as herein requ~red to be carried on the improvements situate on the above destribed prcm'ues.
C-Premiums on such mwtgage gwranty inwraote as mwtgagee sMll from time to time deem fit to urry on the bsn secured hereby. ~
Mortgyee shall from time'to t~me norify mortgsgor in writing of the-smount due seld pay~bk hereunder ~nd such sum sAall thereupon be due a~d
i Fay+ble on the due dafe of the next monthly psyment and each succesaive month theresfter urfil mortgagee shall ratify mortgagor of a change in such
` amount. Suth sums shall be spplied by mortgayee toward the payment of real property taxes, inwrante prem:ums, and mortQage gua~anty inavrance
premiwM.
i IN WITNESS WHEREOF, the said MORTGAGOR has herevnto set his hand a~d sea) the day snd yesr fint ~foresaid.
~~/~~ryM, _Sta~delFver~d in tF~e pr~e of: ? ~ _ ~w/~11V4
i~~~ /V (SeaQ
~ cf `
_ . ~e~q
rc..q
STATE OF flGRIOA OZ1~0 ~ ~
cs.*wwa~ LqrE ~
courirr oF .
~or~ sp~~~ Reinald H. Winters ~
HdIl~1@ ~@ t!. W A@!S his wife, to rrK wsll known ~nd known w me to b~
rh~ ind~vidwh dacribed in and who ex~c~ted the fwparg ir?it~umeM, and adcnowledped befws me that tMy ~xecuted the um~ fw tFr pwpotes
~,l~, ~a~. ~ ,,;d Harriette H. Winters
w;f. „d Reinald H. Winters „~.r..~ p,h,.»
~ •xarn7nar~on by rn~ taka~ s~prat~ ~nd apa.t from Mr said husband, ~du+ovvledqed q y+d befor~ re~ that ah~ sxsc~t~d s~id L~Ki~rneQt fre~ly ~od voluo-
r~rily ard without ~rnr compulsion, caanaint, ~ppreMnsiaa,or f~ar of or from her pl/ hwM?~nd.
WiTNESS my h~od and offitid stat tl~i• lsa dhr of •~ul'~ • A. D.19
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~ FILED ~ND RE Notary PuWic ~ .~,d fa ~n. s~+a=os _ ~
ST. tU~~~E COUt':TY. FLH. M,? c«~~..~, ,~~.~cw~sc7~wyy.
~ RNwn Ta , rS ~ ' ~ C c~ • r ~ • , .
Firn Fdnd Savinp~ i loae Associat~on t~ L`Q~~~i~/ RICHARD l. CR1E~(E~:'=:*•~i, .
of F~+ P,~,~.. iv~r- . ~
NoTaRY Pua~c~: ~ .
Fwt P~erce, fl«~d~ ~ My Commission Fxqrei lllly ~1, 39~2 _
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'68 JI~~~ Z ~ y
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~ ~::~'•E r ~ O~TR:.S
This lnstrument prepared bY CLERK CIRCUIT COURT
~ First Federal Sav. & loan Ik;sn.
~ of Fort Pierce
~ ~ D. Chastsin
°a~xi?2 ~14~8
ck
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