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3. To plap ~nd conNn~ouity k~~p on tM buildinys now or h~r~aftN sitv~t~ on s~id b~d ~nd on all equiprrKnt and p~na+ally cov~r~d by thi~ ma1p~
+y~, with all pnmiurA IMr~on ~~d ~n full, firt insur~nc~ in the usual stand~~d poli~y fwm, ~n • tunl ~pproved by the MORTGAGEE. and windttpm
tnwr~+c~ in tM uswl sqnds.d pol;cy fam, tn • ium approv~d by ~M MORTGAGEE; in such company a compaoie~ as tM MORTGAGEE may
d'u~ctj ud ~II iin ~od windstwm insunna policies on aoy of said build~nys, any inter~st the~ein or part therwf, in ~M ayqre9ats awn afonsaid or
In ~xt~u th~nof, shall conbin ~hs vswt sunda~d mortga9e~ tl~use w tuch oti+a tlavs~ as tl+~ Mat~agee may r~qv'u~, en~kinp ~h~ loss und~. said poli~
cla, each and ~v~ry, payabk a aid MORTGAGEE as its interest may ~ppear, and cach and every svch poiicy ~hall be p?omptly ~is:~ned aod delivered to
~nr Mld by ~id MORTGAGEE furtMr ~ecu~ity to aid matps~~ debt, and, ~ot leu 1Mn ten (10) days i~ advanu of ~!N ~xpiratiws of each policy, to d~-
tivN ro aid NWRTGAGEE ~ r~~ewal the~eof, to~e~her wifA a receipt for tM psmium of tuch renswal; and ~her~ shill b~ no fi~e w windstwm inwranc~
plapd on ~ny of s~id buildinps, any inlerat tMr~in w part thr~eof, unleu in ~Fa iwm'~nd with tM lou p+yabl~ ai atwes~id; and in tiw ~v~nt any iwn
of mon~y becom~s payabl~ unda~ such policy w polici~s ssid NORTGAGfE shaN haw tM option to receive and apply the sam~ on atcovnt o~ th~ ind~bled-
Maf sKV~ed Mrtby ot b permil s~id MORTGAGORS lo tKeive and ~s~ i1 p any part thereof for othcr purposes, wilhout thereb~ waivi~y u impair•
inp a~y puity, ~i,~.~ w ~iqht vnder w by virtw of this morl~~ge; and in tM ~vent said MORTGAGORS sAsll fw any r~ason fail ro kaep the said premiu~ io
insvred, or fail b deliver p~omptly any of said policies of insunncs to siid MORTGAGEE, or fail promptly to pay fully any prcmium the~efw w In any
r~~p~ct fail b perforn~, dixharqe, execut~, ef(M, complete, comply with and ~bid~ by this covensnt, or sny psrt hereof. said MORTGA('aEE may pl~te ~nd
paY tor such insurancs w.nr p.re ~I,•reof wirhout watvirg or atfectinp any option, tien. equity. a right unda a by vi.tw of ~his Matpaps. ~nd ~h~
full amount of ~ach and ~wry svch p~yment shall b~ imrnedi~tely dw and pay~bb ~nd shsll bea~ intera: from ths date thsreof until paid a1 tM ut~ of
nin~ p~r ceeuvm pa ~nnum and togethe~ with tuch interest shall be secvred by the lien of this mo~tgspe.
I. To pttmit, commit or wffar oo wut~, fmpairment or deteriwar~ af said propeny or any part thereof. '
S. To pay ~If and sinpvtu the.cosn, cha~Qes and expenui, includinQ a ~easonsble attorney's fee and tosts of abstrscts of title, incur~ed w paid at
any time by s~id MORTGAGEE, baca~ss or in the avent of the failv~e on the p~N of tM ssid MORTGAGOR ro duly, promptly and fully perform, dixharg~,
execvte,_~ffsct, complet~, comply with and ~bide by each and every the uipuiation~, agreements, ca+ditions, and covenanh of uid p?omis~ory note and tAis
mwtQsy~ aMr or ei~her, snd ~~d coats, cMrges a~ expenses, each and every. shall be immediately due ~nd payable; whether or ~ot ther~ be notice de
m~nd, attempt to tollect q wit p~nding; and tM full artauM of each and every iuch paymeM shatl bear iMerett from the date thereof until paid ~t ~he
rare o/ ~irie per centum per an~wm; and all said cosfs, cha.ges and expenses incvrred a paid, together with such i~~erett, shall b~ secured by th~ lien of tha
mott0+pt•
e. Tha1 (a) in the event of any bresch of this Mortgsge or default on the part of the MORTGAGpR, o? (b) in the event any o( sstd sums of mo~ey
herein refared to be not promptty and fully paid wirhin rhirry (30) days r~ext a{rer the same severally become due snd psyabk, without demand w notice,
w(cJ in the ~veqt exh and every the stipulations, ~greemeros, conditions and toven+nq of ss±d promiuwy note srxl this matgage any or eitl?er ~ro not
~uty, prompNy u~d fully performed, diuharged, executed, effected, compteted, complied with and abided by, then in eitl~ w any such event ths said ag
~resale swn mentior+ed in ssid promiuory noie then rema~ning unpaid, with tniere.i s:uued. and a!! sr+oneys setvred herebY. tMll bccon+~ due and pay-
able fwthwith, q fFIQfNffN, at the option of aaid MORTGAGEE, as fully and comple~ely as if all of ~he said wms of money we~e wiginally stipufated
to be pa~d on such day, a~ythinq in said prom~ssory note or Fn thy Matgage to the conuary notwithstanding; and tlxreupon or thereafter +t the option of
seid MORTGAGEE, witlw~t notice a demarul, suit at law a in equity, thereFore w thereafrer begun, may be prosecuted as if all moneys secu~ed hereby
had maturcd pnw to its institution.
7. TMt in ti+e evem that at the beginn~nq of or at any time per~d~ng aoy su+t upon this Mwtgagc, a to foreclose it, w to refwm it, or to enfwce
payment of any tlaims hereundN, wid MORTGAGEE shall apply to the Cou~t hsving jurisdiction thereof for the appo~ntment of s RKeiver, wch Court shall
fortFiwith appoint a receiver of said mwtgaged property all and sirgular, intludmg all and singular ~F~e income, profits, iuues and reveoues from whatever
sowte de?ived, eati~ snd every of which, it b~ing expressly understood, is hereby mortgaged as if spetifically set forth and described in the granting and
habendum clavses hereof, and such Receive~ sha~l have all the broad snd effedive funct~ons and powers in anywiu cntrusted by ~ Cou~t to a Receiver, ~nd
~uch appointment shali be made by such Court as an admitted equ+ty and a mat~er of absolvte right to said N10RTGAGEE, and wishout reference to the
adequ~cy or insdeqwcy of the value of the property mortgaged or to the wtvency w insolve~cy of said MORTGAGOR a tAe deiendants, and that such
rents, profiri, income, iss~es and revenues shall be applied by such Receiver accordi~y to the lien or equity of said MORTGAGEE and the practice of such
Court.
8. To duly, promptly and fully perform, discharge, execute, effect, compkte, compty with and abide by each and every the stipulations, agreements,
condifans and covenants in u~d promissory note and this mortgage set forth.
9. Thsf in the eve~t the ownership of the moAgaged premises, w+ny part thcreof, becom~s v~~ed ;n s penon other than the MORTGAGOR, rhs
MORTGAGEE, its successors and assigns, may, w;thout not;ce to the MORTGAOR, deal with such succeuo? w sxcessor in interesf with reference to this
mwtgsge and the debt hereby secured in the same manner as with Mortgagor without in any way vitiating or d~scharging the /.!~rtgagors' lisbit~ty herr
ynder or uppn the debt hereby secvred. Mo sale of rhe premius he~eby mortgaged and no forbearsnce on the part of the MORTGAGEE or ita successws
or augns and no extension of the t;me fw the psyment of the debr hereby secured given by the MORTGAGEE or its successors or auigns, shall operate
to releue, dischuge, modify thange or affect the orginal liability of the lNORiGAGOR herein, eitlxr in whole~ or in part.
10. h is specifically agreed that time is of the esxnce of this contract and that no waive? of any oblgation hcrcunder w of the obligstion se-
cured Ixrtby sFull at any time ~hereafter be held to be ~ waiver of the terms hereof w of the instrumeM secured herby. i
11.
ts ~
and sgrees to ps ee with each monthfy payment an addiiional sum es~~mated by mortgagee to be equal fo 1/)2 of ihe an~ual I~oifpw- ~
ing:
A-All real property taxes levied w assessed against c~ibed real estate. ~
B-Premiums on fire and windstorm insurance as hrrein requ~red t ' roveme:?ts situate on the above described premises. i
C-Premiums on such mortgage guaranty ins fgagee shalt from time to time deem ~ the loan secured hereby. ?
c
Mortgsgee shal! from t' notify mortgagor in writing pf the amount due and payable hereunder and such sum rN~..t ~n be due and i
payable on a e of the next monthly payment and each successive momh thereafter urtil mortgagce shall notify mortgagor of a c ar 'w,~h
a .
premiums.
~ IN WITNESS WHERE , the said MORT QOR has hereuntp set his hand and seal the d r first aforosai
~ r'~ ig s Se livered~in the pr of: a9~~~~y~ea,
~ •n
/ a~
~~L ti t ' E7l-~ ~s(~
STATE OF fLORIDA
~~~n ~ St. Luc ie ~ ss.
~{,~e ~ ~~~~~y a~a~ Thomas Edward Stanton
Pamela D. S tanton his wife, to me wett known and krawn to me to be
the individwls desuibed in and who executed the foregoing instrument, and acknowledged before me ihat they executed the same {w the purposes
therein .x~.~d. n~,a ,t~ sai Pamela D. S tanton ;
W~te ot ~hs ,a;d Thomas Edward Stanton
eaaminafion b me taken u pa uPa+ a separate and privste
y parste and a ~t from her said husband, ackr+owledged fo and bef ine that she executed said irutrument freely and volun~
earily and witho~t any compvlsion, constraint, apprehension q~fear of or from !xr said husba
WITNE55 my FNnd and official seal this day of_ . A.~D. 19 6$
F1LED A(~D RECOR
~JT, L.UCIE COUNTY. • Notary Publ'K i~ snd for the State of Florida ~t Larqe
c 1
r n My Commission expires: Z(p
R~r~.~ To: `1~~~ ,
Flrst Feder~l Savings b losn Associat~on NOTAR~ ftlBUC
Of Fort P~er~e. ~g~ JUI. 29 AM 10 ~ OO MrCOAMIUSSION E1(PI ES NOV.DA~6 ,qjjE
Forf Pierce. Florida • ~'a'~DED TnROYaN R/tFp y,. D~Esis~MOAS
a
;~t;.f :•U;~~ t2 ~
This instrument prepared by CLERK CI~CUIT COURT
~irst Fede?al Sav. b Loan Assn. • ;r _ g
o! Fo~t Pierce ~ _ = ~
aY J. D. Chastain - ~ ~ _
ry y c ' ~
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BOOK ~ / ~ PACf ~ ~ ~ :
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