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To plaa and continuovsly kNp on tM bulidirgs now a htreahN ~tu~b on aid land and on ~II equiprnent and paso~alfy covK~d bY l~d~ narq~
+p~, with ~I) pr~miur:A tFNttQli p~id in f~lb iue ir?suraM~ in th~ ususl sundsrd policy form. ~n • swn ~pprov~d bY ih~ MORTGAGEE. ~+d wind~torm
imw~na in th~ wwl tt~ndard policy fam, in ~ ium ~pprov~d by th~ MOR1CsAriEE. in wch comp+~Y or canP+niy a tM MORTGAt3EE . maY
dindt M+d all iin and wind~lforn~ iniwana poiki~s on ~~y of t+id buildinps„ any imsnit tl+~~tin w pa?t the?~of, in tM +p~rpat~ wm afo~Naid or
In ucaa thK~of, shall oontein tM wwl st~ndud mortyspN clava~ or sud+ otha clavs~ as tM Mwro+pe~ n++y +pvin. m+kM~p tM bss und~. said polE
ct.s, Nch and ~wry. paYabl~ w~aid MORTGAGEE ~s its imerest may ~pp~ar. +nd each and ~very s~ch polky shsll b~ p~ompNy ~ss:qn~d +nd d~liv~r~d ro
~ny MW by aid MORiGAGEE ~s fwthK l~cvrity ro saW matpap~ debt. and. not Itss tl+~n t~n (10) daps in +dvu+a of tM tapir~tion of ~+d~ policy. to d~
IivN ro s~id MORTGAGEE a ~Nwwal tMnof, wp~rMr with • raceipt for tM pr~miwn of wth nnewalt and tM?~ sh+ll be ~o fin or winds~am inwranu
pl~pd on ~ey of aid bulldings. w?y intere~t tMr~~ ar put therwf, unku in tFa tam' and with tM loss p+y+bl~ as +fw~saidj ~nd In tFw ewat aMr wm
of morKy become~ p+Yabl~ w~der wch P°~icy a Polici~s uid MORTGAGEE sluil haw tM option ro ~eceiw snd ~ppy ~M ~ on ~cco~nt ~ tM ir?d~bad
mss sH,ynd FNrtby q tp permit s~id MORTGAGORS ro nceiv~ and ua~ if a+ny pul thereof fa other purposes. without thareb~ w~ivin~ ot impair
inp ~ny pvity, 1'wn or ?ipht under w by virtw of this morryap~r +nd in tM ewm w~d MORTGAGORS shall fa any nsson fsil to ke~p tM wid prNnisa a
insvred, or fail W d~liwr promPtly +ny of said po~icies af insunnu to said MORTGAGEE, a fsil pranptly fo p~y fu~h any premiun? therefp a M~ny
rap~ct fai) b pNtan4 fiisch+~~, ~xscut~. ~ffecl. camplet~, oomply with and abid~ by this tovenant, w ~~y put hKeef, said MORTGAGEE may pl~c~ tnd
wr fw sud~ ~^wr+nc. w ~^y P+n tFw~of without w~hrinp a aff~cNnp u~y option, IiN+, ~ity. or riph~ und~r a by vinw of thia Monya~e. and tM
ivll ~naunt of ~sch ~?d ~wry s~d+ payme+?t sh+lt M imrnediately dw a~d p~yaW~ a~d sh~ll beu intKest fran tM dab the~wf uotil p~id ~1 tM rat~ ol ~
nirN pK centum pN ~nrwm ~nd together with tuch interest shsll b~ secured by the li~e~of this mort~Qe.
4. To p~?mit, oonwtdt w wffa no wast~. impairment w detera~ation of said property o~ +nY pu1 thereof.
S. To pay all snd sinpula the.cos». charpsa +nd sxps~?ses, i~civdinp a ressonabi~ attwney's he ~nd oosts of abstraets of titi~, i~cun~d or paid at
~ny tim~ by taid MORTGAGEE, b~cavs~ or in the avMt of tht failvre on th~ pa?t of 1M said MORTGAGOR to duly, promptly and fully pKforrt~, di:ch~r~
execvt~, ~ffed. oomplet~. oomph with and abide by ~+ch and every ths stipulations, agreements, caid7tions. and cown+nn of said promissory note and tha .
mortyap~ any a ~ither, u+d said cosa. ch+r~s ~nd ~xPaws, e~ch and every, sh~ll be immediately due ~od pay~bM: whether a not tha~ b~ notice de~ i
mand, ammpt to aollact a suN p~ndnp: snd tM fvll ~rrw~nt of esch ~nd ewry s~ch psYmenf shall be~r interesf from ~he dats thereof ~~til paid a~ the
r~te of nins p~r centw~ ps~ aruwm; u~d all said cdsts, d?u~es and expenses inarred or psid, topether with wch intKat, shall b~ setured by th~ li~n of thi~
mwq+p~.
6. That W in th~ ~veet of ~ny br~ach of this Mortyaye w defwlt on tM p+rt of the AIIORTGAGOR, w(b) in the event sny of s~id awns of mor~y +
herein nfernd ro b~ not pranpty and fvlly p~id within thirty (30) d+~s next after the same sever~lly betane du~e ~nd p~yabk, without d~m+nd a notite, ~
or in th~ ~vent ~sch ~nd ~vsry tl+e stipul~tio% a9reemenb. oonditions ~nd covanu~b of ssid promiuwy oote ~nd th~s mortq+ye any a ~ither an no1 +
~u1y, ptpnptly ~nd fvlly ppform~d. dixharped, executed, effetted. completed, tomplied with ~nd abided by. thsn in at1~ ot any such ewM the said ~ t
prs~1~ wm m~ntiorwd in said promisw~y not~ theo r~nainirg unpaid, with inte~est ~ccrued, and all moneys secured herebY. sFwll becom~ dw ~nd p+y- ~
ab1~ forthwith, a tMreaRer, st fhs option of ssid MORTGAGEE, u f~lly +rd completelY as if all of the said wms of money ws~t o?ipin~lly stipulated ;
to be paid an wch day. anythirg in said promissay nofe or in this Mortgage to the conuary notwithstanding; and thereupon o~ thereahar ~t th~ option of
uid MORTCaAGEE, without notice w demsnd, suit at law or in equiry, thcrefwe or iFroreaher be9un, may be pros~cuted as if ~II mw~eys sewr~d hereby
had mahitad prior to in institution.
7. Th~t in ths event that at the beginning of or st any time peeding soy wit upon this Mortgsge, or to foreclose it, w to refam tt, w to enfo?u
payment of ~ny claims hereunder, said MORTGAGEE sFoll spply to the Coutt h~viny jurisdittio~ thereof fw the sppointment of • Receiver, svch Couit shall
futFiwith ~ppoint a receiver of said mwtg+ged prope?ty all and singulu, includ~ng all and sirgulsr the income, profiti, issues ~nd revenves from whstwer
~rce derived. each and every of which, it being expreuly understood, n hereby mortgaged as if spec~fiwlly set forth snd described in the pranYwg ~+d !
haber?d~Mn tlauses hereof, and such Receiver shall Mve all the broad and effeaive fvnctia+s and powers in snywise entrusted by ~ Court to s Reoeiver, and i
•uch appointment shall be made by wch Coun as an admitted equity snd ~ m+tta of absotute right to ssid MORTGAGEE, ~nd witFaut ~~ferenos ro the ~
adeqvscy w inadeqwcy of the wlus of fhe prOperty mwtgaged w to the soNency a insolvency of said MORiGAGOR w the defendann, and that such i
renn, profits, incane, iuves and ~evenues shatl be applied by such Receiver accwdiny to the lien or equity of said MORTGAGEE and the practioe of such
Court. ~
8. To duly, prompTly ~nd fully perfam, d7scharge, execute, effect, eomplNe, comply with snd abide by each and everyr the stipulations, a~reements, _
conditior?s and coven~~ts in said promissory note and this mortyage set forth.
9. iMt in the ~vent tl+e ownership of tMe mortgsped premises, w any pan thereof, becomes vrsted in a perwn othe? thsn the MORTGAGOR, th~ }
MORTGAGEE, its successon and auiyns, msy, witho~t notice to the MORTGAOR, deal with such successor or waesso~ i~ interest with reference to this ;
matg~ye and the debt hcaeby setured in the same msnne~ as with Mortgsga without in s~y wsy vitiatirg or dixharginy the Morty~gors' lisbilify hKS- j
under w vpon the debt hereby secvred. No sale of the Rremixs hercby mortgaged and no forbearance a+ the part of the MORTCaAGEE w in tuueswts ~
or ~uig~n snd no eztension of the time fw tFx paymcnt of the dcbt hnreby secured yiven by the AhORTGAGEE or its successon or assigns, sh~ll oper~t~ ~
ro roleas~, dixMr~e, nwtlify change or affett the original liability of the MORTGAGOR herein, either in whok or io psn.
10. It h specifically sgreed that time is of the euence of this cont~act snd that no waiver of any obligation hereunder or of ths oblipstion ss-
a,red hereby shall st any time thcrcaher be he{d to be a waiver of the terms hereof a of t!x instrumeM secured herby. .
11. In sddition to the forego:ng monthly payments of princ'ppl and interest required by the promissory note secured hereby, matgsgor tovenants
and agrees to pay to mortgagee with each monthly payment an sddirional sum estimated by mortgagee to be equal to 1/12 of the annual cost of the follow-
ing:
A-All real property taxes kvied w assessed aga~nst the above described real estate.
, B-Premiums on fire and windstorm insurartt as herein requ~red to be tarried on the improvemenfs situate on fhe above desaibed pre+nises.
C-Premivms on such mortgage guaranty iruurar~ce as mortgsgee shall from Y~me to time deem fit to urry on the ban secured hereby.
Mortgsgee shall from time to time notify mortgagor in writing of the amount due and payable hereunde+ snd such wm shall thereupon be dve ~nd
~,i paysble on the due date of the ne:t monthly psyment and each s~ccessive month thereafter until mortgsgee shall notify mortgsgor of a change in such
~ amo~nt. Such sums shall be applied by mortgagee toward the payment of real property taxes, inwrance prem~ums, and mortgage guara~ty insurarxe
! premiums. .
~ IN WITNESS WHEREOF, the ssid MORTGACaOR has hereunto set his hsnd and seal the day snd ar fint afor
lad and liver in tM presence of:
~ ~
~
QI ~
K--n
STATE OF FLORIDA ~
St. Lu~cie
courm oF
~ i~ ~ a~ Hampton F aulconer ~
v«sw++ r PP~
A nna R. F auleone r his wife, to me well known and krawn to me to b~
the ind'nidwb described in ~nd who e:ecuted the foregany i~strument, and acknowledged before me thst they executed the aame fw tF?e pwposes
r~.e~n .~,.~.d. a,a r~ Anna R. Faulconer '
wife of tM said Hampton _ Faulconer upon a separ~te a~d pr'rvat~
exsminaYwn by me tsken s~parate and apsrt from her said husband, adcrawledged to and befwe me thet shs executad said instrument heety and volurr
larily and withovt artiy compulsion, constraint, app~ehension, w`
/fear of or from her said husband.
~ WITNE55 my hand snd official seal Pnis / g~T~ dsy of ~t A. D. 19 68
FILED AND RECORDE i
S T. LU C 1 E L 0 U T Y, F l.."•. ~tsry Public ~o ~nd for the State of Florid~ at Vr~e !
My Comrnission ~xpirq:
QlTVffl TO: • ,7 ~ ~ ~ ~ ~ :,~l~~a~i. ~ fl~l~~ Sq?i 01 ~ ~
Fint Federal Ssvings b losn Assotiation isJ ~
~ 2 rAy Coa~m~sion Expins Se~t. Z3. 1969
Of Fort Pierce. v.•••• f~ a~~ ,
Pori Pierce. Florida 1CU ~{I~~ GO ~ i I~~'~~' ~ V• ~ y~ i
u f~ . ~ , ; ~
' c~~--- ~ , ~
. . U i 7 R S ~ ,G~"~, = . r
This instrument prep~red br CLEf:~c ciRCU~T couFty•• _
First Fede~al Sav. & loan Assn. .
of Fort Pierce ~ ~
~
By J. W. Collins ~ =
~r~~l~f, ~ - - . . ck