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To plaa and contiiwwinly kNp on tM buitdinp~ now a M~wft~r ~NwN on Nid land ~nd on all puipm~nt u~d pwsaalh aowr~d b1? thia mort~
ps, with dl pnmiwm tM~wn p~id in ivll, fin iraw~+a in tM uswl Naed~rd policy fa+n. tn a wm ~pprowd by tIN MORTCsAGEE. a~d windttonn
Maurana in tht u~wl atandard polic~? fan~ le • wn~ +pprowd by tM MORTGAGEE. in wch canP~Y a~^P+~?~N u tM MORTGJIGEE m+y
dk~ctt ~nd ~II fk~ a~d windttorm Imwana Pdkiis o~ ~ny of s~id buUdiop~, any in/erest tF~~&i or put tM~wf, in tM aQp~ep+q w~n ~for~aid a
in ~xaa th~nof, ~h+il contsh th~ vw+l uandud mort~e d+u~ o? wd~ aMr dauw a tM Mort~apN m+Y nquin. eMl?inp tM Iws v~ ~aid poti•
cia. .ach .nd .v..y. wrabl. a wid MORTGAGEE a in inten~~ m.y .ppw. ~nd .ach aod .wry such policy ahdl b. p~omptly a,s:~o.d •od d.ltwr+d ro
a+y h~W by wid MORTGAGEE a funhN uanlh to s~id mortyap~ d~bt, uid, not las ~Mn »n 1101 days in ahanu of tM ~xpintion of each Pak1?. w dr
livM to saW MORTGAGEE a n~wal tM~~of. top~tMr with ~ no~ipt fa tl» pnmiwn of wd? r~w+lj u~d th~n ~11 b~ no Pu~ a winditwm i~uw~na
0
ptapd p~ ~ny of s~id buildi~,ps, any intKat tMreie a p~n tMrwf, unlsss in tM form ~~+d with tl+t loss p+yabl~ as sforts+id: and in tM twM +~Y a~m
of nwnty b~cana paYabN unJ~ wch policy o? pdki~+ wid MORTGAGEE shall Mw tM optio~ to recei:: ud ~pply the sam~ on acoa+~~t of tl+e ind~bted~
n~ss s~cw~d hKeby or b permh ~aid MORTGAGORS 1o nc~iw u~d u» M or anY psrt the~eof fw other pwposes, wi~lw~t ~hxeb/ waivinp or impai~-
~+^Y ~~b. ~i~n or ripht vndK ot b~? v41w of this mortp+Q~s K+d fo tM ~wm said MORTGAGORS sMll for sny rtawn isii to ke~p the s~id pr~mise~ w
inwr~d a~ fdl b d~liva promp~:y ~ny oi s~M polici~s of inswana fo s~id MORTGAGEE. a fsil promptly ro psy fvlly any prerr.iuan :har~for a h a+y
r~~p~et fait w pKiorn~, <Gseharpe. ~xaeut~, ~ff~et. compbt~. eaaW~Y wt?h ~d abid~ by this oown•••~. a any put hsnof. ssid MORTGAGEE enay ptaa~ ~nd
P+Y for such kaunnor a an~ p+rt tlNnof without w~ivinp or aff~ctinp +nY option. li~n. Muib. or ripht undN a by virlv~ of this Mwt~a~. and ths
ful~ amow~t of ~ad~ ~nd wery such paYm~n1 ~hsll b~ immdiably du~ ~nd P~Yabl~ and sh+il bear i~+te?est hom th~ date thersof vnril paid at th~ ~at~ of
nin~ pu antwo pK anrwm +nd toyethsr with such intKat tMll be sacwsd br tM li~n of this mortqape.
1. To p~rmitr aommh or suffa no wasN. MaWirm~+~t a d~t~riw~tion of said prop~rty w aMr p~•t therwf.
S. To p~y ~11 aed sM+pular the oosM, chapa a.'+d ~xP~. 1~dudinD a r~ason~bf~ attorney's f~ and aos~s of sbshacts of titt~, incwred or p+1d d
sny tims by wid MORTGAGEE, bcaua~ a in t!» ~wnt o# tM fai~uh on tM pan of tM wtd MORTGAGOR w du1y. promMb ud fully perform, dischsry~
~xecut~. efhct, comPlet~. oomplY with ud ~b~ by sach u+d ~very tF~ stipulations, spraement~, conditioos. u~d oownann of said promis~ory not~ snd tbi~
mortyp~ any a~i~hx. and said costs. dwrpes and ~xpemes, each and evsry. sh~ll be imrnediaroy due and pay~bk: wherher or rat tM?~ be notia ds~
mard, ~tt~mpt to oolkd or wit.p~nd~nps +nd th~ ivll amounf of Nch aod every wd+ P+yment sA+ll bea? intersst from tM d+t~ thereof until p~id d th~
rate of nine p~r oeetwn per ~nnwn; ++~d all said eosts. cMr~a +~d expa+ses incwrd or paM, ropether with such inttr~st, shall bs securad by th~ lia+ of this
~ro+W~
6. Th~t tn tfie ~wnt of aiy br~ad~ of this Mort9sp~ or def~ult on ths part of ths MORTGAGOR, or (b) in tM went ~r~y of satd sums of moMy
herain nfe.rsd ro bs na promprty and fully paid wirhi~ fhirty (30) days nexf after ~he same severaly become dus ~ad p+yabls. witiaW dam~ed a notic~.
o. (V in tM ~vem each and ~very 1M ~tipvlatiaw +~~n~?ts, co~ditions and coven~nb of ss~d promissory note and this mo~t~sp~ any a eite~u ~n not
iuly. P~~^P~1? and fvlly parfamd, dixh+ryed. ~x~cvtad ~ffacted. con+Pt~ted. comPli~d wi~h ~nd abided by, thN+ in athar or ~ny such ewm ths s+id ag
pregat~ sum ma+tia+ed in said promis~ory note then ram~ininp ~npaid, with interesl acuued, and all moneyt saarred hereby, shall become dw and p~y-
abk forthwiM„ or thxeafier, at tl+~ option of said MORTGAGEE, as fvlly and completely ss if all of the iaid wms of money wer~ aiginally stipul~ted
ro be piid on wch day, enythin~ in s+~a1 pron?issorY not* a in this Mor~y~pe to tM contruy notwirhstandirg; ~nd thereupon or thereafta at tM op~ion of
snid MORTGAGEE, without oot~ce w d~m+nd, wit d I+w w in puity, thsrdwe or there+ft~? b~w~, maY bs prosaa+tad ss if all ma~eys s~cured ha~by
had m~fWed p?iOr f0 itt imfittttion.
7. Thst in th~ event th~t ~t ihe baginning of or ~t ~y time pa~diop any wit upoo fhis Mortpape, or to faeclose it, w to nform h, or to anfora
payment of ~ny dawns her~w+der, said MORTGAGEE shall ~pply ro the CaKt I++ving jurisdic+ion thereof fu the ~ppan~m~nt of a Receiver. wch Cowt shsll
fo.thwith sppoint a reteiwr of said mortys~ed pro~tty +~I and sirgular. inrJud~~g +11 end sirgulu ths income, p.ofi~s, issues and revenues fran whatever
wurce derived. ssch and every of which, it b~inp ~xpreuly w~derstood. a herebY ~9+9~ as if specifically set fonh ~nd deuribed in the 9rsntinp u+d
habemlum clausa hereof, and wch Reuhrer shall have ~II the brwd a~d ~ffsctiw funct~or?s a~d powen in anywise entrwtad by ~ Co~rt to s R~ceiwr. ~nd
svch appointment shall be m~de by wch Caut as sn ~dmined equiry and a m+tter of absolute ripht w s~id MORTGAGEE, and witlwut referenn to ths
edequscy a insilequacy of the wlv~ of t!w proparty matgs~ed or ro the solvency a inwlvency of s~id MORTGAGOR or the defendants, snd that wch
rents, profits, income, iu~es and revanues shall bs applisd by wch Receiver aaordirg to the lien or puiry of ~aid MORTGAGEE and the practia o£ wd~
CovA. ~
8. To duly, promptly and fvlly paform, d'acFM~, ex~cute, effect, oomplete, comply with and abide by ~sch and wery tM stipulatian, agrsements.
conditions .nd aoven.on in ssid p.omissar nore and th?s mony+pe set fonh.
9. That in the event tfie ownership o# the mortgayed premises. w a+y psrt tl~eof, becanes vssted in a person other thse tM MORTGAGOR, fh~
MORTGAGEE, its successon and assi~rn, may. without notice to the MORTGAOR, deal with such succeuw or successor in interest with rsferenoe to this
' mortp~ and the debt hereby sacured in th~ same manner as with Mortg~gw withovt in any way vitiatinp or discFWrgirg the Mwtyayon' Il~bility herr
under a upon the debt hereby secu~ed. No ~ale of the premises hereby mortgaged snd no forbearance on ths part of the MORTGAGEE w iri tvccesson
or suipns and no extensan of the tune fw the psyment of the debt he.eby secvred g'rven by the MORTGAG:f or in wcussors a ass~g% shall op~rate
ro release, dixh+~~e. mod~fY ch+^9e p affect the orginal Ilability of ths MORTGAGOR h~rein, ~ither in whole or fn psn.
10. h is specifiully agreed that time is of the essence of this contract and thst no waiver of any obl'yatwn Mrew~der or of ths oblipation ~e-
cured her~by shall at any tims thereaNer be held to be ~ waiver of the terms hereof or of the I~utrurt~ent secvred herby.
11. In add~twn to the forego:rg monthly payments of princ:ps! and interest required by the promissory note secured hereby, mwtyagor covenanri
and agred to pay to mortgagee with esch monthly payment an sdditional wm estimsted by rtwrtgagee to be equal to 1/12 of the annwl cost of the follow-
~ng:
A-All real property lsxes kvied or assessed agairat the above dewibed real estate. ~
8-Pranivms on fire and windstorm irow~nce ss herein requrted fo be urried on the improvsments sitwte o~ the ebove dewibed premisea.
C-Premivms on svch mort9age 9uarsnty insvrance as mortgapee shatl from time to time deem fit to urry an the bsn tecured Fxreby.
~ Mortyagee shall from time to time notify mortgsgor in writieg of the amount dve and payable hereunder and sud+ wm shall thereupon be due ~nd
payabla on the due date of the next monthly p~yment and eath successiw moMh thereafter until mortgsyee shall notify mortga a chsnpe in s~xh ~
amount. Such sums shall be spplied by mortgsyee towsrd the paymeM of real property ts:es, insurance premiums. ~rxJ y+pe yusra anu '
premiwnt. ' 0
IN WITNE55 EOF, t id MORTGAGOR has r un(o ~ IN PAYM ~~nt afores~id. ~
~ ~ N CI.~A35'C' INTANGIBI.E PERSONAL PitOPERTY. ~
T TO CHAPTER 2072~, ACTS OF 1s41. ~
~1!i~,i. Clsrk Circult Court
for CU•.TIS M. JAMES ~0
C,ouNy 7a~c Co~clor ~s••q
_ ~
STATE Of FLORIDA
St~ _ u~ia ~ ~TM~
COUNTY OF
P,~,o,,,ih,~,~ Virgil Titsworth, A Widower w,s-
~~wifR ro me wel) known and known a rrw to b~
the kd'widwli dearib~d in uid who execvted the forsyoirg irutrwnent, and ~cknowledyed b~fon ms thet ~r exewted the wm~ for tM pwposes
il~
thereb ~psssed. Awd.llw.w`~
wi(r ei-Mr ~ ~ivat~
~ww~iwMi~ ~r~++bsw ?~p+rat~ ~wd-a~par4 fraw.6~s said. hua6~od. ~du~o~rl~dA~d' N-and~ ~dow-ww tiwt~bs?K~aM~ s~iJ~wtru~wwt~wi~ ~rr~lwr
~asiiy ~i ~ri11~M?wy. ' ~ppnlw~i~ ~e~r.oi sr i+renr I+sr s~i!d~Y~.-
WITNE55 my hand u+d offki~l s~al t~i day r A. D. 19~L~
_
. . D Noti ic in and for th~ Slat~ of Florid~ ~t tarp~ =
My Comnission txpires: _
a.w.~ ro: FILED' ~E CO E . FLA. . ~ t. .
Firsr F~dera~ s.vtrgs 6 Loan A.aociatwn $T. LUC ~r ED
(~j~ ~ ~ • , f~
Of Fort P~erce. 170~ HOTARY PUBIi ~
PK.~. Fb.~a. C. STATE ot FLORIDA at
' : y2 M1~ COMAiiI$$~ON O(PIRES NOV. L~~ ' - n: ~ ~ ~ "
9 1 ~ONDEO THROUON f 1~, - ' s - ` f i : `
.
- '68 SEP . RED W. DIEfTELNOR/Z,~ . + v .
This Instrument Prepared By ! _ ~ G .
First Federol Savings d~ Loan Association ~~GER PD~
T R~? _
OURT `t.,` -
- of Fort Pieroe CLERK CIRCUIT C
By J. Chastain
,
~ . _ . . . cf