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S. To plaa ~nd cauim,oualy kNp on tM buildin~ now o~ MnaNN ~ituat~ on iaW luid and on atl pvipnwnt and p~noeNly cova~d by thN morf~.
ps, wi~h ~U pr~rt?wmit tMr~a? paid fn fuli, 1k~ Guw~na in ~h~ vswl standa~d poficy tonn, a swn ~pprowd by tM MORTGAGEE. ~ad win~ktwm
Insw~na in tM usud st~ndard policy faei, in ~ sum approv~d by tl+~ MpRTGAGEE; in wch canp~+p w companiq q tl+~ MORTW1GfE m~y
du~ctt ~nd NI fir~ ~r?d windstorm iruwara polki~t an sny of said bvild~nps. any int~nst tl»r~in a p~t therwf, M? tM ~pprpat~ twn ~faaaW a
in ~xaa Mwrwf, ~MII oont~in ~h~ uswl uandard maty+ps~ da~+s~ o~ s~ch alw~ da~ ~ ti?~ Mortpa~N may rpvve, nw?i~g tF~ loa unda aid poli~
dp. ~~~Y. WYabl~ to uW MORTGAGEE ~s iq IntKNt maY app~ar, and ~eth ~~wry :~ch policy aMl1 b~ pranptly au:qn~d and ddiwt~d tp
•ny h.W 6y uW MORTGJ?GEE u fi,nh.r s.axity ro ~aW monpap. dsbt. ~nd, not IMS th~+ »n (10) days in advanu of tM txplaYwe of Nd+ policy, ro d.~
ItvN to wid NORTGAGEE • r~wal thKwf, top~rhu wi~h ~ nc~ipt for tM pnmiwn of wch r~w~Ij and ~h~n shatl M no fin w wi~rwm inswa~
pl~pd m aey of wid buildinp~, u~y ietarat tMrsin or ps~t thanoi, vnl~ss in tM form'~nd with tM tos~ p+yabl~ as ~fons~fdt and in tM tvent any swn
of ma»y beca~wt pay~bl~ w~d~r wd~ policy w aolici~s uW MORTGAGEE sMll haw tM optian 1o naiw and pply tl» s~m~ on acaown o~ tM U~d~bt~d.
nqs Hcvr~d Mreby at b pumit qid MORTGAGORS to rec~iw ud w~ M or ~~y part fher~of fo? other pwposes, w::hou! t}?aeb~ waivin~ or impaiti
1nQ «+y puity. II~n w ripht unde~ w by virtw of this mortpa~s ~nd in tM ~wnt s~id N1~t1GAGORS thall fa ~ny rsason f~il fo k~ep tM s+W pr~mises w
irnund, w f~tl to d~liw~ P~anM~Y ~~1? of wid polieies of insvnno~ to ~id 1NORTG/~GEE. or fail P+~P~h ~ P+Y futly ~ny pnmiwn tMnfor w In ae~r
nap~ct fati b pafoan, dixh~ry~. ~x~tw~. ~ihct, compl~t~. comply wttl~ and aWd~ ?y thi~ cov~n~M, w any pan M~~of. said MORTGAGEE m~y plsu ~nd
paY ior such kawann a any puf tMreof without wahin~ o~ ~ff~ctinp any optiwy IiNb pvity. a ripht w~da w by virtw of this Mort~, a.~d tFr
fuil aenount of ~ach and ~wry wch p~yment ~MII M imrn~di~tely dw aod payabl~ and ~MII b~ar (ntaes/ 6an ih~ d~» tM~~of until p~d at th~ ran oi
nin~ p~r qntwn p~? anwim at~d to~tF~ with such int~rest sMll b~ s~tw~d by th~ li~ of thit Inortp~.
J. To pKmit, comnH ar wff~? oo wast~. lanP+kmeM or dNe?ioratioe of s~id prop~rty w ~ny put tMnof.
S. To p~y all ~d t(npular tl+e.coats, ch~rQes and expense~. lncludinp • re~son~blt a»ore~y's fN and aosn of aban~ds of Btk. incun~d or psid at
any tinw by uid MORTGAGEE, Mu~u or G~ tM ~wnt of ths failun on th~ pi?t of tM uW MORTGAGOR ~o duly, p.w,+pry ,~,d h?~y pe.fo.m, a~rQ.~
execv», effed, oompl~n, eomp~y wirh and aWd~ by ~ad~ ~od every tl+~ sriputarioes yre.men~s. cond~~io~a and aoveoaen of s.id promiswry na~ and thu
^+ortp+p~ +eY w~irFwr. ~pd ad eosts, d?u~ and ~xperws, e+ch uid wery, shalt b~ ierrn~di~tdy dw snd psy~bl~s w1+erM. a rar rhe.e b~ eotioi d?
m~nd, att~enpt ro eoltect a wN p~nd'ugt snd tM fuil ~ro~?t of ~ach ~nd w~ry wch psym~m aMyll bssr interon from tM dat~ the.eof until p~id ~t tht
.are of nin~ p~r oN,tum p~r anrwn,j ~nd ~11 s~id cdsn. chu~es and expe~tss inannd or p~W, top.thp with wch inte~t, ihall b~ a~cur~d by th~ li~n of thif
6. Tiwt In ths event oi ~ny breach of this MortQ~pe or d~f~ult on th~ part of the MORTGAGOR, w(b) in ths ~wnt u~y of uid urms of n?on~y
hereb+ nf~rr~d ro b~ not prompuy u~d fuly p~td wi~hin thirty (30) days n~x~ after the sarn~ ~eve~~lly become due and payabl~. witlaut dhn~nd w notio~.
or (v i~ tM ewnt each and ~very tha stiqrlatioro„ ~nsments, canditions ~nd cownanb of s+id promFuory no» and tlds mortape any or ~i~he~ an nol
~uly, prompNy and fvily puform~d, d'acharped, sxecvted. effected, compieted, complied with ~nd ab~dsd by, tMn in eithtr w any wch ~wnt tM said ~g
prey~tr sum m~ntia»d in aid promissory note then ran~ininp w+P+id. with inrenst ~cuued u~d ~II mawys s~cured herebY. sl+all bec»en~ dw ud Wf~
•ble forthwirFy or tMr~aftrr. al th~ option of said AIIORTGAGEE, as fvlly and compktely ~s if atl of the said swns of mw~ey wer~ oripirwliy stipulated
to tie paid on such day, anythiny in said promiswry noh w ie this Morroa~e ro tM contnry nonaitMandinp; ~nd there~pon a ther~~ha at tM op~wn of
said MORTGAGEE, withovt notia w d~mand, wit ~t law or in equity, tharefors or tMe~sah~r b~i.., may be prosecvted ss lf +U mor,ey~ secwd hersby
had matured p~ior to its institution,
7. TMt in t!w wMt that ~t tM bcginnirg of or at ~ny tims pendirg aoy suit upon this Matgape, or to fwecloa~ it, w fo mform it, w to enfora
payment of ~ny daims he~eunde~, said ~MpRTGAGEE shall ~pply to the Cou~t heving jur~sdictioo tl:rrsof !w tFie appo~ntmeM of a Receiver, such Court sMll
fortFiwith appoiM • receive~ of said mortg~ed_property ~II and sirg~lu, inciud~ng all and singvlsr tM income, profits, issues and reve~ues from wl~atever
wuru d~rived, ~sch and every of wh~ch, it beinp expreuly urde~:tood, is nereby mortgaged as if sp~cifiuiy set fwth and desuibed in tM ~r~nri and
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habendvrn dausa Mrtof, and iud~ Reoeiver shall haw sll 1he brosd and effectiw f~nct~ons and powers in ~nywise entrusted by a CouM to a Reaivs~, and
•uch ~ppointment sMll be made by such Court u an admitted equity and a m~tter of absolute right to said MORTGAGEE, and without reference to th~
adeq~~cy p in~d~qua~y of th~ vafw of the prbperty mortgs~ed w to the sorvency or inwlvency ~+f p;d MpRTGAGOR a the defendants, snd that wch
rents, profits, incwns, issues and revenues shall be applied by such Receivc~ accordinp to the lien w p~ity of s~id MORTGAGEE ~nd the pracrics of wch
Cwrt.
8. To dvly, p?omptly snd fuily perfo?m, discharge, execute. eHect, te. 1 with and abide sach and e
conditions ~nd co~ren~nb in said °D1~Q ~P Y bY vsry the stipulatian, ~preemenb,
promiuory note ud this morty~ge set fwth.
9. That in the event the ownership of the mort9ayed prerr,ises, w sny part thereof. becorna vested in • penon otF~e? tMn the MORTGAGOR, th~
MORTGAGEE, in auccessors ~nd auiyns, m~y, without not~ce to the MOATGAOR, deal with such wccessor or wccessor in ;nteresf witA reference b this
mo?tqape u~d the debf here~y setured in the same marr~er as with Mwtga9w without in a~y way vitiatirg or dncF~arging the Mort9a9ors' lisbiliry here-
unde~ w upon the debt ircreby secvred. No ssle of the premises hereby mort9~ed and no fabearante on tM psn of tF~e MORTGAGEE or in successon
or auigns a~+d no extension of the time for the payment of the aebt hereby ucured yiven by tF~e MORiGAGEE w iri successora or au;pr~s ,ha~~ opewt~
ro reltas~, disch+r~e, modify ch+npe w ~ffect the wiginal liabil~ty of the MORiGAGOR F+e~ein, either in whole or in part.
10. It is specificatty agreed that Yune is of the essence of this contract and tMt oo w~iva of uiy obl'~yet~on here~nder or of ths oblipation se-
cured h~reby ahall at aay time thereaher be held to b~ a waiver of the terms herwf w of the insrrumem sccw~d he~by,
t i. In eddition to the iorego:ng monfhly psymenh of princ'p~l and interest required by the promiuory note sen?red hereby, mortgsgo? coven~nts
and agrees to pay to mortQsgte with each moMh1Y piYrncM an add~tionsl sum estimsred by mortgsgee to be eqwl to 1/12 of the ann~al cost of the follow-
ing:
A-AIf real propery taxes kvied or assessed against the above described real estare.
B-Piemioms on fire snd windstorm insurance as herein requ~red to be carried on the improvemenri sitvate on the above described premises-
C-PrHniums on suth mortgsge gwn~ry ienurance as mortgagee shall from time to time deem fit to u~ry on the loan secured hcreby. ~
Mortgsgee shall from Nme to tune notify mortgagor w?it3ng of the amount dve and pay~bk haeunder and svch sum shall the?eupon be dve and ~
payeble on the due date of the i+ext monthly payment and each wccessiw month there+fter ur.til mort9+9K ~~~fY ~?~9a9a of a chanqe in such ~
amount. Such sums shall be applied by mortgagee toward the payment of real property taxes, inwrance prem;wns, and mort9age 9usranty inwnnce
premiums.
!N WITNESS YVHEREOF, the said MORT6AGOR Fus hereumo set his hand and tesl 1he day first aforesaid.
Sipnd, SNI~d and delivered in th~ presence of:
ar es . wan ~
.
? L ry
. ~ 4
~
STATE OF ~82 V irginia ~ ' ~ ~
couM,r oF _ A~t ~~G To u-
e~a. ~~,o,~,iy ,~.,~a Charles W . Swan
Mary Q. ${q~1 his wife, ro me well known aed known w m. w b~
the iniGwdwb described i~ and who executed tha forepoiny ir~tnxnent, and ~tkrawkdgeQ befote me that thty executed the sarn~ fa t!k p~?pos~s
.,~.e,,.d. ~„a rr» ~~a MarY E. Swan _
wife ot tM wid CharlES W. Svi2lri ~~r~~„rt~M,~ '
examieation bp m~ taken s~p~wt~ ~nd apart from her said husb~nd, to a~d befort rM tMt shs exacvt~d s~id ' ` i
taril and withouf ~ !~~^~~~T/'!!Md~!O~Mw' j
Y N~ ~P~Ision, oonstnint, s e , w f~ar of w fran id f~f i
WfTNESS my hand and official sesl th' ~y ~
~ '
Nota it m and fa the St{f~ ' N~: ~
My Comniuio~ ~xpir~s: - ; ~
R~'w^ ra Ff LED ANO RECOROED? 1AMES A~iM~'0$T R~;•r•
F"`~ ~ ~a^ ST• LUClE COU[YTY~ F1.A;' ARLINGTON~`11~' ~ ~
of Fwt P~erce. P.E COR~ VFR1~'+EU l~=. •.t, -
F«~ P~~.~. Florida ~v7-- COMM. EXPiRES`bEC:~~~t969 ~
~68 B ~ : ~l%~GTOn~ Co.~nT~~ ;
23
This instrument prepared bji 1~~~3
F~st Federal Sav. & loan Assn. ~o~c.R ~o~TAas
of fort Pierce CLERK CIRCUIT COURT
By J.D. Chastain
0 R PAt~~~~!! ~
~OOK . ~
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