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s. To plan and con~inuo~nly ke~p on the buildirg~ now or hKSSfta ~iw~» on s~td I~nd ~Bd on all pv~m and PKSOn~ih covs?d br tAts mor~p•
p~, with all pnmfwdt iMrwn paid in fuq, fin t~sur~nca in rhe viwl •aedad polky fwm. ~n ~ swn ~pp~owd by tM MOtTW1GEE, ~nd windqorm
Ir»w~na M th~ usw) ~tand~rd policy forn~, in ~ wm ~pprov~d by tM MORt6l~GEE; tn wch oompany a canp+nta a tM MORTGAt~EE may
dincy ~nd NI fin uw! winduoan inswana polk'~ on any of said b~ildieps, ~ey tetK~st tlw~in o~ part thenof, M th~ pp~e~at~ wm ~fa~W a ,
1n txaa tlw~wf, ~hal! aontain tM wua! sf~ndud morrAayN ciava a ~uch othK d~us~ a ~M Mort~agM inaY ?pu'v~, ~+n~kinp th~ bu u~wl~ said po1M
cia. ~ach uid ~wry. WYabl~ to aid MORTGAGEE a in interest may ~pp~a~, u~d ~acFi ~+d ~vay tuch poliq sh+ll b~ promplly ~ss:~~ed ~nd drliwr~d fo
~ny Mld by aid N1pRiG/1GEE ~s fwthu t~wriry ro s~td mort~a~ dtbt, and, nw I~sf tlun ~~n (10) dayi in ~dvuia of tM ~xpk~tion of each pol~cy, Io d~•
I;vN to uW MORTGAGEE a ne~w~l tMrwf. top~thK with ~ ree~ipt iw tM p~~miwn of wd~ rMSw~ij and tF~~ sh~ll b~ no f'a~ or windstonn Imur~np
pl~o~d on any of s~id bviWinps, ~ny interpt tM«in a ~wt tMhof, unl~s~ te tM fam'~nd with tM loss p~yable ai afaesaldj and In tl» lvent ~ny w~n
of mooey becaMS pay+W~ w,~der wd, polky w polki~s wid MORTGAGEE shall Mw rM option ro?~ceiw and ~pply th~ wn~ on acaount o~ th~ ind~bt~d
neu sacvr~d Iw~tby w 1o permit said MORTGAGORS to ~iv~ and uw it a any put therwf fa other pu~poses, wi~hout thareb~ w~ivinp w impain
irg ~ny puitp. lfa~ a ~iphi u~der o~ by virtw of thi~ mortpaptt and in tM ~vent said MORTG/IGORS shall fa aoy nswn f~il 1o ke~p th~ said praeiiNS w
i~uvr.d, w f~tl w d~liw? prompty any of s~id policies of inwnna ro aaid MORTGAGEE, o~ f~il promptly fo p~y fully .ny pr.mN,~? rh.r.fo. or ~n .ny
nspat f~i) b perfocnl, d'acharye. ea~cvt~. ~fhct. compl~». oompiy wt~h and ~Wd~ by Mds aove~+ant, or any put he~eof, said MORTGIlGEE may pl~n ~nd
P+Y ~+~d+ &nu.+nc~ a+ny A~rt tMreof without w~hrk~p a aff~ctinp any optiay li~n, puity. or riphl w?da or by virtw of thi~ Mwq~pe. and tM
full aenovm of each aod w~ry wch payn~nt shall b~ immedia»ly dw and payabl~ ~nd ahall b~u inte..st from rh~ da~. rhuwf unril p.id N rM raa of
nin~ p~r antwn p~t ~nrwrm ~nd to~tther wiM tutA intNt~t s}~sll !w seavnd by 1M IiNn of Mas ~nort~~pt.
I. i'o ptrr~r. aommA a wlfe. no wur~. la?p~bment or d~t~rioration of said prop~rty or ~ny p~?1 Me?wf.
5~. To p~y ail snd sirgular th~.oosts, chupes a+d ~xpe~+ses. Uxludinp ~ naso~?ible atWrn?y's fee and ooin of ab~tr~ds of titl~, iecun~d w p~id ~t
~ey time b~y said MORTGAGfE, btuuw or in tM ewe?t ~of th~ failuro on tM p~n of tM wM MORTGAGOR to dufy, pranptfy and fv11y parform, dixAu~R
exenrt~, ~fled. compler., comply w~rh and •b;de by .xh and evsry *he ,~tpul•~ions, ,yreemann condtrio~u, .nd ooweann of said promis~ory noro and rlus
mony~p~ +^Y a atha, u~d said aost;, chuqes and ~xpeexe~, esch ~nd ~vary, shall be invn~di~tely dw and p~raW~s wMther a ow th~?~ b~ notia d?
mand„ ~ttanpt 1o eolket or w8 ~egj and th~ fuN amount of tseh ~nd wtry wth payeasnt al~11 bear Inler~st froen ths dit~ tMreof until paid at th~ ;
rnte of nin~ per tentum pK snnum; and Nid c6sts, tharges ~nd e~epe~s ioarrr~d or p~id. wp~thK w~th tuch iot~, shall b~ Mcw~d by tl» li~n of thq ;
n+at~+~e• _ '
~
e. 1Mt in tM ev~nt of u~y breach of tFds Morty~e or defsuh on th~ pa~t of tks NIORTGAGOR, cx (b) in th~ ewnt srey of ~a~d axns of nan~y ~
hs~ein nfen~d to be~~iW pompty and fully paid wi~hin thirty (30) days nexf after tF~ sarn~ sever~lly becoms dw ~rd pay~ble, without d~en~nd o? notice, ~
or (t~ in Nr ~vMt exh u~d twry the sfipulatio% agreaments, conditiora and ooverMnb of sa~d promissory not~ ~nd tFNS mwt0+p~ +nY w euher ~n ral
iuly, promptly ~+d fvNy performd, discharped, sxeated eff'scted, completed, sompfied with and abided by, then in either or ~ny wch ~wm tF» s~id ap~
prey~h wm mu~tip»d in pid promis~ory note then remaining unpaid, with interwl sccrued, and all moneys setv~~d het~by, shall bacn.n~ dw snd pay- ;
abl~ forthwith,, or tMreaher, at t!» option of ssid MORTGAGEE, as t~lly and complerely +s if a!1 of the said swrs of mon~y wsn oripinaly st~pul~ted
to be pakl on suth day, u~yfhiny in said promissory oote or in this Mortysye to the coronry notwithstundi~; ~nd thereupon or therNher at tM op~an of €
said MORTGAGEE, wfthow notice or dertund, wit at law w io equity, therefore or thereaher beg~n, may be prosecvted as if atl moneys s~oured hsnby
Md maf~rad prior to ifs institution. ~ ~
7. TMt in tt» event that af tM be9iming of or at any time pendinp soy wit ~pon this Mwtgage, or to foreclost h, a to roforen it, w to ~nfo?q ~
payment of any claims hereunder, aid MORTGAGEE sl»II ~pply to the Coun having jw~sd7ctioa thereof fot Ihe apPantment of ~ Receiver. wth Court sh~0 ~
fwtFiwith appoint a receiver oi taid mortyaped property all and sinQula~. inclvd~ng aIl snd singul~r th~ income, profits, iuues ~nd r~venws from what~vN i
wwa dstived. aach and every of which, it being expreuly understood. is hcrcby mortgaged as if s ~fical f h ~nd dewibed in the r~nY and ~
PK ~Y :Y~ Q~! ~ ~^0 ;
hab~ndum davses here.~f, ~nd such Reuiver shall have ~II 1he lxo+d and effective functiom and powen in anywae ente~L~fcld by a Court to a Reuivsr, and ;
wch appointment sb~ll be made by svch Covrt as sn ~dmitted eq~ity snd a matter oi absolute right to s~id MORTGAGEE, and withovt teference to tM ~
adeq~~cp a inadequ+ty of the wlw of the property mwtgsgeJ or to the solvency w inwlvency of stid MORTGAGOR a..the defendants, and that svch ~
rems, profits, income, iswes and revenves shall b~ applied by such Receiver accord7np fo the lien or puiry of said ly1QRT(`s/tGEE and Ihe pr~ctice of such
Court. ,
8. To duly. pranptly end fully perform, d'ncharye, execute, effect, complete, eanryly with ~nd sbide each ~nd '
conditioro snd cova»nn in said promiuory note snd thit mortgage set forrh. ~ e`rerY ths stipulaY~ons, agreeme~ts, ~
9. TMf fn rhe event the ownership of the mort9sQed p?emises, or sny part ihereof, becomes vested in a paw~ other than tf~e MORTGAGOR, tA~
MORTGAGEE, its urccesson and suiyns, msy, withwrt ratice to the MORTGAOR, de~l with s~ch successor p successor in interest with referente fo this
mwtpsps and the debl hereby secured in the same manner u with Mortgsgor withovt in any way vitiatinQ or discha~girig the Mwtqagws• liabiliry htr~.
under a upon ehe debt hereby secured. No t+le of the premises he.eby mort9aged and no forbearance on the pan of the MORiGAGEE a i» wccesson
w ~uig~s and no exteruion of the time for the paymeM of the debt hereby secured yiven by the MORIGAGEE a in wcoessors or ~ui9% sl?+II oper~te
to rd~ase, dissharye, modify th+nge a affect the wiginsl lisb;lity of the MORTGAGOR herein, eithe~ in whole w in put.
10. It is specifically agreed that time ~ of the essMCe of th« contrsct and thst no wsiver of smr ob!'g~tan hereunde~ or of th~ oblipation sa
cured hsreby ihalt al any time theresfter be held fo be a waiver of the terrt?s hereol or of the instrument sec~red herby
11. In addition to the forego:ng erwMhly payments of princ:p~l and interest required by the p?omissory note setured hereby, mortgagor apvenann +
and sgreei to pay to mortgagee with eac~jfiprithly payment aq adc}i+innsl sum ptim~ted by mwtgagee to be eqvsl to 1/12 of the annual cost of the follow-
A-AO ~esl property taxa (~vied a assessed agsinst the a6ove desvibed real est~te. ~
B-Prem~ums on fire snd windstorm imura~u as herein required to be carried on the improveme~ts sitwte on tl~e a~e desvibed p~emius. ' i
C-P~emiums on such mwtgage guaanty•irowance'as ~brt~ige~ sti}It from time tu time deem fif to tsriy'on thi losn secured hereby. ~
Mort9sgee shsll from time W time notify mortg~gor iR Mriting of the amount due and payaWe he~eueder ~nd wtf?' ~vrn sha~l thereupo~ be due and
psyable on ths due date of the next mw~thty paymem and each successive month tF~ereafter until mortgsgee shalt notify mortgagor of e charge in wch ,
amouM. Such sums sha}I be applied by mortgagee toward the payment of real property taxes, inwrance prem:~ms, and mortgage gw~anty ~ inwnnce
pre
IN WITNESS YNHEREOF, the said MORIGAGOR has hereunto set his hand and seat the day and year finr ~forawid.
S~akd and preaence of:
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~
~
I
STA7E OF fLORIDA ~ ~ ~ ~
counm oF St. Lucie ~ u' , . . ~
j
d~fae me pKweafty app~ued Jobri S. CQlQI
Charlott~ Ann Caaes his wife, to me well known snd known to me to b~
the i~dividwN tkwibed in and who exec~ted ths forepoirg instrument, and adcnowfedged before me that tMy exscyted the same for tM PwP~s
therein expreswd. And the si~d- C~YlO~R@ /,M C~r
wife ot tM s+id .TOIIA ~.'~ilr vpon • up~rate and privab
examination by me taken separats and apsrt fran her said husband. +du~bwiedged to snd befwe ?rw that sha exec~ted s~id itytrument freely a~d voluo-
tarily and without u~y compuliion, constnint, apprehen 'on, p ear pf or from her said husband. °
WITNESS my Fwnd and official seal t' day of t~r /1. D. 19 ~ • }
a
otary Public in u~d fw tM St~tt of Fbrid~ at tarpe
Retvrh Ta : . . r : : - , , . Mr Corruniuion ~xpi?es:
~ ' ~ `~~i~tliltitit~~~~ ~f' Hp~ Stifl.~ ~Ofl~
Firq Fsderal Ssvinps 3 loa~ /lsaotiaYwn ~ ~ .
Of fo?f Pierce. ' ` ,~~i Z.+«~:, ~i„~ + ~y ~01111qss1011 E7~pKls 1969
w.r P~NU. F~«ids ' ~i,'•~ w.a.e h ~..~c.. r.. a c.v.r,, c,, !
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l~"f~ fp AN ;
. . 'r,: c: •
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. sr,' Luc~E ~ vE~ bRpE
This instrument prepared by = ^ r:, ; . - `CORp ~ TY F ~
Frst Federal Sav. d~ L0811 AS~A. J ; ' . „ , • ~ ~O RIF'!~D ~'A. ~
of Fort Pierce ::;:~e
~f •68 SEp 51 S
L s ~ ~
g .1. ~ C~astain • . ' ' , 7 ~ ~ `
y ' 'y
. 9 ~
. . . . . . . J . _ R 1
. . . . . Ct,ERK
CIR~~~~TRaS ~
~ ~ 4: 600K ~ ( ~ PACE~ 76 ~ ~ T C~VR . • ~ ct ~
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