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9. Ts plaa ~ad contMwou~y kNp on tM buildinps now o~ MfNfiM NfWN Of1 NW IMMJ ~ O!~ iIl lqYIp~M111 M~ pNiOrHliy COYff~) bY N1h IROf1~',
~p~, witb ~II pnmiwns 1hK~on p+id in fu14 ~~+^u ~ th~ uswl ~~andxd policy fwm. M~ wm app?owd py tM N10RiGAGEE. u+d wl~tom~
imw~ce In tM uswl itandard poi~cy iomn, in • wm app?owd by tM MWtTGI?GEE, in wcb . comP+nY a compan~es a tM MORTGAGEE nwy
dlnc~~ and all fin' ~nd winebarm kawana policiN on ~ny of safd b~ildi~„ ~ny inh.y~ tF~u~in a p~rt thar~of, in th~ ap~~9+r~ wm afor~id a
in ~xoea tlwno~. sh~ll cont+M tFw vsv+l stand~.d mortyapw claus~ a such otFw~ clava~ a tM MorppN may requk~, m~kinp tM loa ia+dK said pdF
da. eath and ~very. WYabl~ to taW IYIORTGAGEE as in imu~sl m~y ~pp~a/. ud e+th and ~w*1? suc!? Po11cY sMll b~ P+omPNy a~s:pned and dtlivK~d M
aey Mld by wW MORTGAGEE ~s fwth~? s~ci+rity ro wW morp+p~ d~bt, aod, not leu ~Mn ten (10) day~ in adv~na of tM ~xpiration of each policy. to d~
Uwr ro wW MdkTG/?GEE ~ nnewal tMrw.; top~tMr wiM • nuipt for the M~n1um ot wd~ renewsl; and ther~ sF++ll M no fK~ a windstum Uawana
plaad an ~r of s~id buildinps, any Intatst NNnin a paN fMrwf, uol~ss tn th~ form ind with tl+~ bss p~y~bl~ a afonsaid~ snd in th~ ~wnt any wm
~~y ~p~s p~y~ w~ wch pol}~y a pdKia said MORTGAGEE sMil Mw tM option to receive +nd ~PPhr tM wnv o^ aaount of 1M ind~bted~
nps sscwd hK~bp or b permit ~aM MORTGAGORS to nuiw and u~ it a anY Part th~reof ta othe~ purpotes. without thxeb~ w~ivi~ o~ imp+ir-
1rg any p~+~y. IiNn at ~iyy?f ut~da ar by vtrtue of thi~ malps~J and hi f1N ~wnf ~aid MORTGAGORS shall fp any rasson fail t0 ksap 1M said prNnis~t ~o
inswed, a fai) a d~iivar aomptb any of said policies of inswana to s+id MORTGAGEE, or fsil promprly to pay fuly ~ny p?smium ther.fa a in «+r
r~sp~ct fail b p~rfanti dixMr9e. ~xecut~, tffM. compl~t~. compy with and ~bid~ by this oovenam, a any put Iwwf, ssid MORiGAGEE may pl+o~ and
WY fa such kawana or +~Y P+K tMreof without w~hri~p or ~ff~ctinp any optbn, li~n. equity. or ri~fN ueder w by virtw of this Mwt~~pe. ~nd tM
fv:! amoix~t of ~ach and wKy s~ch p+ymMt shzll t» a+rnedi~t~y due and pyab~s +nd sl++ll b~u interest from ths date thereof unril p•id n ihs r•n ol
nins psr osntum qr sm~m and topether with wch interest shall b~ s~cured by th~ lia~ of this ma~tya~e.
4. To pwmit, aom~dt or suffK no wast~, Gnps'vmsnt or deterioration of ssid property o~ ~ny p+rt thcrsof.
S. To pay ~11 ~nd ~inpular th~ ooats, chw~pes ~nd ~xPenses. includinp a reuon~ble attomey's fee aed aosts of sbstracts of titi~, incu?nd or p+1d at
eny time by said MORTGJIGEE, bscws~ or 1n th~ wa?t of tM failwe on the put of tM asid MORTGAGOR ro duy. promPdy ~nd f~lly paform,, discMry~.
ex~wt~. ~fbet. oon+Pl~ta comPb with and abid~ by ~ach ~od every the stipulatioru, ayreemenfs. co~ditioro. and oover?ana of said pramissory nW~ u~d th4
,nortyap~ ~riy ur ~itAer. ud uid cosn. chupsa and expenses, esd~ and every. sh~ll be immediately dw and p~ysbi~; whether w not tMn b~ notioe ds~
msnd, attempt to edlect or suit pe~dinp~ and the full amount of tKh iod every wch p+YmeM sh+ll besr inferest from ths d+t~ thereof u~til p~id d ~M
rate of rtir~':pv cw~iyen per arwwm; and aN s~id tosts. d++r~e+ +nd exPenses ir~+rnd or p+id, to~ethe? with such intarest, aMll b~ setwed by iM litn of tiw
6. TMt (a) in tfie ~wnt of aoy bnsch of this Nbrt9ay~ or defauit on Na part of the MORTGAGOR, w(b) in tM evem ~ny of said surta of m8niy
herein rofar~d to be not promptly ~nd fvliy p~id within thirty (30) days next after the same ~eve+aHy become dve and p~yabl~. withovt demand a notio~.
w W in ti+e eveM e~ch snd every the stipulatwra. a9nenants, oooditions and coven~on of said promiswry not~ and tlai mortga~e any w~itAa,ue not
ivly. P~~P~Y and fully perform~d, disd?~~yed, exeev~ed, effected, comPlet~d. canplied with and abided by. then in aifFee~ w ~ny fvch ~vMf tM Mid ~
gre9ate wm mer~Yia~ad i~ ssid promiuwy note tMn remainin~ unpaid, with interest uuued. and all moneys secvred hereby. sFwll becaee dw and W1I~
abk forthwith, or thereaha, at the option of said MORTGAGEE, u fully ~nd canpktely as if sll of the said wms of nwney wcrt wip'ually stipubted
to be paid. oe such day. anything in s+~d pron+iuaY note or in this Mortyape to the contrary notwithstsnding: and there~pon or there~fter at tM option of
said /YIORTGAGEE, without notice or demand, wit st law or in equity, thereforo a thxeafter bep~n, maY bc prosacvted u if all moneys secund hereby .
had rtwtwsd prip M its institution.
7. That in ths went that at the beginnieg of w at any time pendi~g any wit upon thia Mwtgag~. or to forectoae H, or to rofwm it, a to e~forc~
payme~t of any da~ms h~veunder, said MORTGAGEE shall spply to the Courf having juriujtction.thersof fw the appointm~nt of a Receiver. wch Ca?rt sh+ll
fwthwith ~ppoiM a recciver oF said mortpaged WoQertY all ~nd singular, intludmg all and singulu the income, profits, issues and revenues from wMtw~r
source derived, each and every of whKh, i~ beinp expressly ~ndsrstood. is hereby rt~o.tgaged a if :peciiically set fwth and desuibed in the yr~miny and
habendwn davses hereof, and s~ch Receiver shall hsve all the broad and effective fvnct~ons ard powen in anywise entrusted by a Cowt to a Reoeivsr, and
tuch appoinlment shall be maJe by wch Court. as an sdmitted eqvity ~nd a matter of absolute ri~ht b s+id MORTGAGEE, and without refereoce fo ths
adeq~acy or inadequacy of the vaiue of ~he propary mortg+9ed or to the sotvency w~nsotveecy of said MORiGAGOR a the defendants, snd that wd+
rems, profits, income, issues and revenues shall be applied by such Receivee aaordiny to the I'~en w puiry oE said MORTGAGEE and the practia of wch
CouA.
8. To duty, prompty and fully perform, d'acharge, execute, effect, compkte, comply with ~nd ~bide by each end every tha stipulatiorts, spreanents,
conditaru and covsn+nts in said promissory note and this mortgage . set forth. _
9. Th~t in the event the ownenhip of the mortgsged premises, a any psrt tF+ereof, beoanes vested in a person other than the MORTGAGOR, th~
MORTGAGEE, in waeuon +nd assigns, msy, without notice to the MORTGAOR, deal with such suaeswr or wccessor in interest with referenoe to tha
mortgapt u~d the debt hereby secured in fhe ssme m+me? as with Mortgagor withoW in aoy way vitiating w dischsrgin~ the Mort9sgors' liability hert
under w ~pon the debt hereby secured. No s~le of the Rremises hereby mortgsged aod no fabearance o~ the part oi ehe MORTGAGEE or its successon
w auigm and no extens'an of the time for the p~ymem of the debt hereby secured piven by the MORTGAGEf w its successors w assigns, ~MII operate
to r~kase d'~schsrge, modify ch~nge a affett the orig'uwl liability of the MORTGAGOR herein, either in whole a io put.
10. It is spec~fically agre~ed thst tirhe is of the essaxe of this contr~ct and that no waivef of any-obligstion hereu~ or of ths obliystion se-
cvrad I+Keby shall at aoy time theresfta be held to bs # waiva of tha tema hsreof' w of the iristrument ~ecwed herby. `
11. In add~+an ro ~he forego:ng mostt,ly payrmenn of• pri~+c-pal and interest required by tF~ pran"~ssory note secured heiebY, mort9agor covenanb
and sgrees to pay to mortgagee with exh monthly p~yment an additiwnsl svm estimsted 6y mqrtgsgee to be eqwl to. 1/1~ of the an+ual cost of the follow-
ing: ~ ' . -
A-All real property taxes kvied or sssessed agsinst the above desaibed resl estate. ;
~ B-Premiums ot? fire ans! windstorm i~svrante as hetein reqv~red to be carried on the~improvemenb iduate on the sbove described premises.
I C-Premiums on such mwtgage gua?snty inwronce as mw'gsgee shall from time to time deem fit to carry on the ban secured hereby.
~ Mortgsgee shall from timr to time notify mortgagw in writing of the amount dve and payabk hereundar and suth wm shall thereupon be due snd
payable on ihe dve date of the next monthly payment and each succeuive mo~th thereafter urtil mortgagee shall notify mortgagw of a charge in such
~ amount. Such wms sha~~ be applied by mwtgegee toward the paymeM of real property taxes, insurance premiums, and mort9~ 9~~^h
~ pre ' . :
~ IN WITNESS WHEREOF, the s+id MORTGAGOR has hereunto set his hand and seat the day and yesr fint aforesaid.
Sea and liva 1M pteserKe of:
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ATE OF FLORIDA ~ .
St. Luci~e
courm oF
~ ~,~„i~, ,~u~ Bernazd W . Varley
R uth M. V a7elev his wife, ro me wen known sna known w rt~. a b.
the indiridwls described in and who ~xecuted ths forepoirg iRStrvme~t, and adcnowledped beforo ms that they executed the ssms fa tM purpoMs
R uth M. v ari ey
.viie of tM ~ssid~,,.=.uiaw B~!=i8rd w• V~IZ@j? - upon ~ sepaate sod privat~
examination ~`1ne ts +~18 ~nd spsrt from her seid M»!»nd, ackrwwled~ed to •nd befwe me that she executed said instrvment freely and volwr
t~rily and;vrAF~t~. . '~iiatraiM, appr~r?aion, r fsar of w from her said husb~nd
' OCtOb@ b~
v~rt~ss•~,~
j~-~'e.osik~ s..i t~.:~, 7.--_.4 d•r ~ o. i9
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= i= = a Public in and ior ths State of Fbrida at Lar
- ~c •,y ~'.G ; : ~ FIL~~ b~ RECORDFLA. My c~~,~
~ ~ LUCIE COUNTY.
Fua '~dq~?.~ t~ `.i~,~~«, Rc. ~ ORO V~ RI FIED Mdrf 1riiR. StMe ~1 iiMii M ir~e
- dt•~.-~,~.~r. ~ 1~1a~3 f~l? Co~C~ Eyiw~ S+f. 23.1965?
w.iw ~r w. a c~.ri, a.
~Fort PiErOe.i fMrida ~
. , . ~ 7 Ptrl 2 ~ 9 ~
~~~.i> '68 OCT
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This Instrument Prepared By
First Federal Savings b loan Association ROG~~ POITRAS
' Pieroe CLERK CIRCUI7 COURT
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Checkeci . _ .
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