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3. To plac~ ae~d coatinuously kNp oe 1M bvifdirgs oow a hs~eaNN ~itwb oo taid land and on ~II equipnent and pawn~lly covK~d by NJi narq~
~p~. with dl premiw:A thKwn p~id in fvll, tin Guvranc~ in the uswl sqndard policy fum, tn a iu~n approwd by tM MORTGAGEE. and wind~fam
Imwana in tM ~nwl ~bnda~d pd~cy fam, in ~ wm approv~d by th~ MORTGAGEE; i~ ivch company o? oomP+^iss u tM MORTGAGEE may
dincy and alt fin and wi~dstam in~wann policies a+ any ot ~aid buildinpw any inqn~t thsrei~ w p+M ~I+K~of. ki tM ~pyrpat~ wm ~fora+W o~
in ~xo~ Ihenof, ~hall conbG? ~M wwl ttandud mor~pspN clause u such otMr claus~ u tM MatyayN m+y nqu'u~. makinp tl» losf under aid polF
da, ~ad~ u~d ~wry. paY~bl~ ro ~aid MORTGAGEF u iK ietero~t m~y appau. ~nd each u~d ~wry ~vd? policy ~MII b~ p?anptly ass:~n~d u~d d~liver~d ro
~~y Mid by s+id MORTGAGEE u' furthN sewrity fo s+id mortpa~ d~bt, and, ~+ot I~ss th~n t~n (10) days in adv+nc~ of tF~ ~xpir+Yan of ~ach polky. to dr
Iiwr ro wid MORTGAGEE • nnewal tl+Kwf, top~tMr wirh a reuipt for tM premiwn of wch re~ewslj and ther~ aMll b~ no f'v~ a windstam inwra~c~
pl~ad on ~ny of said bvildinps. if1Y MiNfi1 tlNtfifl Of pilt 1MflOf, unieu in tM fom+'~nd with ti+~ loss p+yabl~ ss ~fw~s~idr snd in tM ~wnt ~~y sum
of mawy baca?ks payaWe und~r wch policy w po~icies s+td MORTGAGEE shall Mw tM optian ro rauiw and ~ppiy tM s+m~ on accouro o1 tM ind~bted~
nhs wcyr~d h~r~by p w pKmit said MORTGAGORS ro roceivs ~nd us~ it or +ny part thereof fa other purposes, without thaeb~ waivinp o? imp+iti
irp any equity, IiM w ripht und~r or by vktw of thit mortp~y~s and in tM ~veot said NWRTGAGORS sh~ll tor ~ny ~tason f~il ro k~ep tF?~ s~id pnmises w
inwnd, a fatl to dellwr promptty +nY of said policies of irnurance ~o said MORTGAGEE, or fail promptiy fo p+y fully anY premivm therefor or in anr
nsp~ct fail b qrforrn, dischuy~. ~xecut~. tffaN. camplN~. comply with and ~b~de by this covenuN, or sny p~n herwf, Hid MORTGAGEE may plac~ and
par fo~ svch i~nwana w~~y part th~.wf without walvug or aff~ctinp any option, Ihn, p~ity, w riyht w~dK o~ by virtw of this Mortpap~, and the
full amount of ~ach and ~v~ry wch WYme^t shall b~ imm~diately dw and p~yabl~ ~nd sh~ll beu interest from ths dah thereof uo~il paid N tM rat~ 01
nin~ pa antwn pa annum and togeiher with sutA inter~t ihall be setured by tM lien of this mwt~spe.
I. To p~rmit. ~h ar wffar oo wute. impaument or deterioratan of said properry o~ any p~?1 therecf.
S. To pay ~II ~nd ~Inpular tM tosts, chs~pes and ~xpenses. inclvdinp a reasonable attwney's fes snd cosri of ~bitr~tts of tifle, incurced a p+W at
any timt by ssid MORTGAGEE, b~cau~ or in th~ ewr+t of the failure o~ the pan of tM uid MORTGAGOR to dulY. p?omPtly ~nd fuily perf«m, dixhar~
axeart~, ~ffecr, aompl~t~, aomply with a~d abide by ~ach and every the stip~lations, agreamenn, condi~ions, snd oove~ann of said promiswry not• ~nd rhfs
mortpap~ any or eitMr, ud said aosts, chupes and expe~res, esch and every, sMll b~ immedi~tely dus +nd payaWes whether a not ther~ b~ notici ds
mand, ~tt~mpt to oollect w wit p~~diny: snd tM full amovnt of each u?d ewry wch p~yment shsll bear interest fro+n ths dat~ thereof until p~k! at the
rate of nine per tentum per ~nnum; and all said tbsts, thugts and exp~nses ,inturred or paid, togetF~ with suth interpt, shall b~ sKUred by 1M li~n of this
e, ih~t j~1n the event of ~ny broach of this Mortyape or defavlt on tM psn of the MORTGAGOR, or (b) in the ~vent ~ny of said sums of money
herein r~fensd to b~ not pro~ptty ~nd fully paid within thirty (30) days next after the same severaty become due and paysble. wHhout demand or noY~ce,
or in tM ewnt e~ch and wery the stip~lations, ~greernents, conditio~u and coven+nb of ssid p?omissory rate ~nd this mort~spe iny a aithsr ~n no1
~uh, promptly and fully perform~d, disch~rged, execvted, effetted. canpleted. compGed with and abided by. then in either or aey such ~vent tM said ~g
pre~t~ sum mentiawd in said p?omiuwy note then remaining unp~id. with interest acuued, and all moneys securad hereby. ahall becom~ dw and p+y~
•bl~ forthwith, a thereaher, at tF?e optwn of said MORTGAGEE, ~s fuly and completely +s if ~It of the said wms of money were wipinally stipulated
to be paid on such day. snythinp in said promiuory ~ote or in this 1Nortgsge to the contrary notwithstanding; and thereupon w there+fter at the option of
uid MORTGAGEE, without notite ot demand, suit at law or in equity, therefore or thereaftet begun, may be prosetuted as if sll ma~eys searred hereby
had mahNed prio? to its iMtitution.
7. That in ths erent tl?st at the beginning of or at a~y tems pending soy wit ~pon this Mortgsge, w to fweclose it, or to roform it, w to enforp
payment of any claims here~?~dcr, said MORTGAGEE shsli apply to the Court having jurisdiaion thereof fw the appamment of a Receiver, svch Court shsll
fortliwith appoint s receiver of said mwtgaged property all and singular, incl~d~ng atl and singvlar the income, profits, iswes and revenves from whatever
source derived, exh and every of whith, it beirg expreuly understood. is hercby mwtgaged as if spetificslly tet fwth and described in tM ~~~ntinp and f
Mb~ndwn da~ses hereof, a~d such Recsiver shall h~ve all the broad and effective funct~ons and powen in snywise entrvsted by. a Cov,rt w a Receiver, and j
such appoiMment shall be made by wch Co~rt as an admitted equiy and a matter of absolute r'ght ro said MORTGAGEE, u~d without refe~ence to the ~
adequscy a inadeqwcy of the vsl~e of the prcperty mortgsged or to the sowency or insolvency of said NWRTGAGOR w the defendann, and that such ;
rents, profits, income, issues and revenues shall be applied by such Receiver auwdiny to the lien or equity of said MORTGAGEE and the practios of wch i
CouR.
& To duly, p?omptly and fully perform, dischar9e, execute, effect, complete, comply with and abide by eack ~and ewry the atipulatiau, ag?eemenri, i
condiYara and coven~nts in wid promissory note and this mortyage set fwth. ;
9. That in the event the ownenhip of the mortgsged premises, o? any paH thereof, becomes vested in ~ penon other thsn the MORTGAGOR, tM ;
MORTGAGEE, ib successors and euigra, may, without notice to the MORTGAOR, dea~ with such succesaor w suc4essor in inferest with refe~ence ro this
mortyape and the debt hereby secured in the same msnner as with Nbrtgagor withovt in sny way vifiating a disthargieg tht Mortgagoa' liabiliry h~re-
under a ~pon the debt hereby secured. No sale of the premius hereby mortgaged and ra fwbearance on the part of 1he MORTGAGEE or in tuccesson
w ~uigro and no exte~sion of the time for tFk peyment of the debt hereby secured given by the MORiGAGEE or its s~rcceuors or auigns, sh~ll operate
to rdeast, dixh+r~e, modify d+ange u affect the original liability of the MORTGAGOR herein, either in whole or in put.
10. h is specifically agreed that tims is of the essence of this contratt and that no wsiver of any obligation he?e~nder w of th~ obliyation se-
a:red har~by shall at any time thereafier be held to be a waiver of the terms hereof or of the instrument secured herby. .
, ~ .
and sgrees to pay to rtwrtgagee with esch monthly payment an additionsl sum es' aREB by mortgagee fo be equal to 1~)2 of the annua follow-
ing:
A-All real property taxes kvied or assessed agains ove described real estate.
~ B-Premiums on fire and windstorm insur s he?ein requ~red to be carried ' ovements situate on the a esuibed ptemises. ~
j C-Prcmiums on such mort ianty insurar,ce as mwtg om t7me to time deem fit to t loan secured her ~
Mortgsgee shal ~me to time notify mon writing of the amounf due and reunder and such wm reupon be due and
payable on date of the neat yment and each successive moMh t vr.til mortgagee shall rtgagor of a change in wch
Wemiums. '
IN WITNESS WHEREOF, the said N~ORTGAGOR has herevnto set his hsnd and seal the day snd year fint af id.
~ Sipnsd, S~aled snd delivered in th~ presence of: ~ '
•n ~
n t
~
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K•~q
STATE OF fLORIDA ~
St. Lucie ~ '
courm oF - _ . .
~„~,~~y Melvin L. Legl~r
Linda Ann I.l91ft his wiie, to me well known and known to me to be
the Indiridwb desuibed in and who sxecuted tht fweg ' instrumtnt, and scknowledped before me that they axecuted the same for tt+e purposes ;
tt~erein expres~ad. Md tM aaid ~inda AlfA Ll91Q!
~
wife ot the aid Melvin L. ~91!! , upon a separate ~nd privat~
ezsmination by me taken sep~nt~ and ~part from her wid husband, acknowledged to and before me that the executed said irotrumeM freely and vol~n-
arily and without arqr compulsan, cantraint, appreheni ~ fear of or from her said Iwib~nd.
WITNESS my lwnd ~nd official seal this day of u u t ./l:' 0.,.~9 68
FILEO AND R \ `°"'i t, ` ;
ST. LUCIE COUNTY. F~-~°tary Public t~ ~nd for the State of ida ~.laryi'•.
t+~ F. r Q,~''s n~/'= R~ F ~ F D. My Comm~ssion e:pires: !L : ~
Retwn.Ta. • •
~ first f~deral Savirgs 3 Loan Associafion c 45 • _
Of Fo?t Pierce. ~v~ ,•~r rct c,
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S~ cF ft4~~
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Fo?t Pierce. Flo/ids ~ ?0 ~ ' ~ • 17 r.Sr~DED . ` '=S DEC
fl ~.'3~
68 AUG . ~~~p:-~ .,_,sT.-.
~_3_~~ ' .
This instro ;~~~~F? ?~o:TRKs R7 1 =
ment prepared by CLERK CIRCUI7 COU ~
First F e?al Sav. & loan Assn.
f Foct Pier ;
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