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To pl~ ~nd continuously ke~p a+ tM buildirgs now w Mr~aftN utwt~ on iaid land ~nd on +11 eqvipm~nt and p~no+?ally covK~d by this mal¢ ~
p~, with all p+~mivm~ thereon p+id in full, firs insvr~nc~ i~ ths u~ual standard policy fwm, ~4? a ium approwd by tM MORTGAGEE, ~nd windttwin ~
Inurra~p M tM vw+l ~unda~d pol~cy fam, io a wm approved by tM MORTGAGEE; in s~ch companY o? ron+Wni~ as Nw MORTGAGEE m+y
dind~ ~nd all fin u+d windttorm Fnswant~ policies on any of said b~ildi~y~, ~ny intertit 1Mtein w put tl+aw(, in tM ayyrp~t~ wm aforesald or
M u~oas IMr~of, ahall cont~in tM wwl iundud mortqaQa~ clsvs~ u such otMr cl~~se as tF~e Matp+gN maY ~eVuu~. ^`+kf^p t1+~ lou undar ~aid pdb
ciu, ~ach and ~very. payabk a aid MORTGAGEE as in intHest may ~ppNr, ~nd esch u+d ~very i~ch po~icy ~ha~l b~ p.or~prly w:pn~d ~nd d~livaed ro
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~ny MW dy s+id MORTGAGEE u funMr securiH to said mortp+iy~ d~bt, and, not leu ~Me ten (10) days i~ ~dvance of t1+~ expiwtan of Nch policy, ro d~-
livu ro ~aid MORiGAGEE • rs~ewal thawf, toq~~Mr wirh • rece~pt iw tM premium of wch ree~ew+lr and ~h~r~ sl++~~ b~ no fin w windstam inswann
pl~ad on ~ny of aid buildi~. ae~y interesf ~~~in a pan fMrwf, ~nless in tFw foreei u+d with the bu p+y+bl~ u ~for~~aidj ~nd in tM ~vent any s~m i
of nan~y beca~w~ paYabk ue~de~ wch polky w policies said MORTGAGEE sh+ll Aaw tM option to roceiw and ~ppty the san~ on acwuro o1 tM ind~btsd~ ~
~ess ~yr~d h~r~by p to pirmit said MORTGAGORS ro recsiw ud ~s~ N w any part thereof fw othcr pu~poses. wi~houl tharob~ waivi~y a imp~ir• I
trg ~ny puity, IiM a r'ght w~der a by virtw of this mortppe; and in tM ~vent ~id MORTGAGORS thall fot any «ason fail M ke~p tM isid premises ~o ;
insured, or f~il lo tkliver promptly +ny of said polities of insunrxa to ssid MORTGAGEE, or fail promptly to pay fully any pnmium therefor or in any
nspett fsil b pe~fonn, dischar~, ~xecuts, eff~tt, compl~ts, comply with ~nd abid~ by this cove~+snt, or any p~rt hereof, said MORTGAGEE may p~+c~ and
paY }w suth irowanc~ or any part tMreof without w~lvin~ a affstti~+p u+p optiory li~n, equity. or ripht unda a by virtw of this Matpsp~. and the
full ~movet ofi tacn a~~ s.:.ry avch paynwet shall b~ immediately dw and p~y~bl~ and shall be~r interosl from tM datt thenof uNil p~id at tM raro ol
nier pK t~a?tvm pa arnwm and together with such intereir sFuli b~ sec~rcd by the lian of this enortpape.
I. To pKmit, aonr.mit or suffN no wut~, imp~irmem or deterioration of said propertr o~ ~ny put thereof.
S. To p~y all and sinpulu tM•costs, chsrpas +nd expanses, includirg ~ reasa~able atto~~ey i fee s~d costs of ~bstracts of tiN~. incvrred w paid at ~
any tims by said MORTGAGEE, becaus~ or in the ~vent of the failure on th~ put of the ssid MORTGAGOR ro duly, promptly and fully pe~form, dixhargR, ~
sxecut~. effed. complct~, comply w~th and ab;de b~r each a~d every the stipulations, agreements, conditions, ~nd covenants of uid promiswry ~ot~ and thi~ i
mortyap~ ~ny w eitha. ~nd wid coits, charga se~d expe+nes, each ~nd ~very. sMll be immediat~ly due and Fay~bk: whether o? not ther~ b~ notice dr j
mand, arnmpt to coltect or wN pendingt snd tM full amo~M of each ~nd w~?y svch paYment sh+ll besr interest from the date thereof until paid at the !
rate of niM per cenwm pe~ annum; ~nd all said cdsn, charges and expcn:es incwred or paid, 1o~ether wi~h such interest, shall be s~cured by 1M IiN? of thu ~
!
0. ?h~t j~) in the event of any brcach of this Mortpay~ or defsvlt on the paN of the MORTG/tGOR, w(b) in the event aoy of ssid sums of ma+ey ~
her~ r~f~rr~d to be not pranptly and fully p~id within thirty (30) days next after the same se'veratly become due and payable, without demand o~ notice.
or (cJ in tM ~wM exh and evsry the stipulsYwns, sgresmen», conditions and toven~nn of ss~d promiuoryr rate and th~s mortga9e a~y o. eitFu~ ar nd
iuly, pa^Pt y• . .-ex~~uhd, stfa ~•f••.J cemrie~ -•:th ab;dod-~y,-~hsn-;n-either"~i~"suc ~wnt tl+e s~id sg .
pre~t~ wm mentantd fn said promissory nots then remsininp unp~id, with interest acaued, and au moneys secured hereby, sMll betom~ dw +nd p~y~ ~
~bt~ fwthwirh, o~ thtreshe+, at the option of said MORTGAGEE, ss f~lly and canpletely as ii sl! of the said wms of ma+ey were originslly stipulated
to be paid on sucl~ day, anything in said promiuory note or in this Mwtgage to the contrary notwithstsnding; and th~reupon w thereafta +t the option of
ssid MORTGAGEE, without notKe a damand, suit +t Iswr or in equity, thereFwe or thereaftcr begun, may be prosec~ted u if ~tl moneys secured hereby
had marored prw. ro in irtstitution.
7. 7Mt in ths eve~t ~hst at the beginning of w at any time pending aoy suit upon this .V4o?tgage, w to foreclose it, or to refwm it, a to enforp
payment of a~y daims hereunder, said MORTGAGEE shall apply to the Coun having juriadic~ion thereof fw the appo~~tment of s Receive~, such Couh shall
Fonliwith appoinf a receiver of said morrgaged properfy all and singula?, inclvd~ng all and singular the inco~ne, p~ofits, iss~es snd revenues from whatever
wurq derived, eath and evcry of which, it being etpreuly understood, is hereby mortgaged ss if spetiiically set forth and descr:bed in the pranting and
habe++dum clavses hereof, snd such Receiver shall h~ve all the txwd and effective funct~ons and powers in anywise entrvsted by a Cou?t to a Rcceiver, and E
such +ppointmeM shall be made by ~uch Court ai an admitted eq~ity and a matter of absolute right ro said MORTGAGEE, and without reference to tM
adequscy o~ i~+dequacy of the wlw of the property mortgsged or to the wnrency w insotvency of said MORTGAGOR w the defendants, and that such
renn, profits, incaoe, iuues and revenues shall be appGed by s~ch Receiver accordinp to the lien w equity of ssid MORTGAGEE snd the p?actice of sucA
Coun.
8. To duly, promptly and fully perform, discharge, execute, eifect, complete, comply with ~nd abide by esch a~d every the stipulations, agreemenfs,
conditans and covcna~ts in said promiuory note and this mortgage set fo~th. .
9. Th~t in the event the ownership of ths mor~gaged premises, a any part thereof, becomes vested in • penon other than the MORTGAGOR, the ~
MORTGAGEE, iri sucuuon +nd sssigns, may, without rtorice to the MORTGAOR, deal with such sutceuor or successo? in interest with reference to thi~ ~
mortpage ~nd the debt hereby secured in the ssme manner as with Mortgsgor without in any way vitiating or discharging the Nbrtgagors' liability here-
under w trpon the debt hereby secured. No sale of ~he premises hereby mortgaged and no forbearance on the part of fhe MORTGAGEE or its succe:sws
or ~ugr?s a~d no extension of the time for the payment of the acbt hereby ucured given by the MORTGAGEE or its successors or ~uigns, shall operats
to rekau, dixhsr~e, nadify thange a.:`.`.~; M~g=na1 liabitity of the MORTGAGOR herein, either in whole w in part.
10. It is specifically agreed tMt time is of the esxnce of this contract and 1F?~t no waiver of any obligaYron hereurder w of the obtipation se- ?
n,red hereby shall i1 ifly tlrtl! fllttNNM be held to be a waiver of the terms hereoi w oi the instrvment secured herby. '
. In add~tion to the forego:ng monthly payments of prin~ pDl and interest required by the promissory note secured hereby, rtwrtgagw wenf[ y
and ~grees y to mortgagee with each monthly payment an add~~ional sum est~mated by mortgagee to be equal to 1/12 of the an o the follow-
ing:
A-All rea~ property 'ed w assessed agai~st the above described real estate.
B-Premiums on fire and windstorm ms rein rcqu~red~to be ca ' imp:overt~enri sitvate,on the above dtscribed premises.
' C-Premiums on suth mwtgage gwranty insurar.ce ime to time deem fit fo csrry on the loan secured hereby.
~ AAatg+gee shall from time to t y mortgagor in writir?g of the amou~t d~e a nd such sum shall thereupon be due ~nd
~ payable on the due date rxxt monthly psyme~t and each wccessive month thereafter until mortgagee shal) rwti e in such
~ amount. all be applied by mortgagee toward the payment of reaf property tsxes, insurance prem:~ms, and mortgage guaramy ins
~ IN•WITNESS WHEREOF, the said MORTGAGOR has hercunto set his hand and seal the day ud y+r f' t afor
Se and ed ie th~ presence of: ~
~ ~
~ (Sea~ ~
rs.~n ~
re.~q
STATE OF fLORIDA ~
St. Lucie ~
couNn oF • ~
e.ra. m. P..s«,.uY .~.a.~d Wilbert 1. Carter ~
Bernice Carter '
his wiie, to me well known and known to me to be
th~ Individwb d~scribed in ~nd who ~xecuted the foregoirg instrument, and acknowledged befae me tMt th~y execvfed the same tor the purposes
~henb, .xp~ssad. ,~„d rM ,,;d Bernice Carter
w~~~ ~ Wilbezt .1• Carter ~pon,a sep~rate and privat~
~ e~amu+atan by me ta4ee? repar~~e ~nd apan from her sa3d Fwsband, acknowledged to ~nd befor~ ms that ~he execvted said instrument freety and volvrr
urity ~nd without ~~y compulsion, cautrsint, apprehens~~ojn} or f~u of o~ from her s~id husband. ,
WITNESS my hand and offit~al ~eal thi~ ~/u[ day of A. D. 19~@_
~
~ Notary p ~c in and for t~51~te of F{wida ~t luye
My Comm~uioe+ expirei: K~ /'1 7~
~ Returo To: . '
fint Federal Savinp~ ~ loa~ Assouat~on w
Of Fat P~erc~. ,~ti~'~.:~;'~Jt: NOtary ri1~IC, Si~t! 0) ~Otfd~ at ~it9t
Fwt P~erce, F~w~d, Mr tomiaasion Eapires Auq. 6, 19n
'v • _ ~o.~/ ~r Ar.rK.. Fr. a c.wdrr C!,
• • , ~
" ' s.-° ~ • FILED AND RECOROED ~ ~
~T ~ ST, lUC1E COUNTY, F^LA.
, ~ • • i~~- `1 . ~ ~ r•r ll . .
This ir,strument prepared by " 0 1~, j~84~
~ F~rst Federal Sav. & laan Rssn. q .
ot Fort r . '69 JUl 5 AN 10
~ _ ~ • I
- By . - ~ ' . c
't0~~r i 01
f, ~~w~ ~~.ERK C~RCUIT COURT
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