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S. To plaa u~d oont4wovsly kNp on tM buildinps now a I+w-~ah~r ~itu~» on s~id tand and a? ~II pvipen~nt and pKwn~lly oova~d by this nw~q~
p~, with ~II pnm{wm therwn p~id in fvll, fiM lnwwea in iM wwl ~~and~~d poticy fa~m. in a wm ~pprowd bY tM MORTGAGEE, Md wir~torm
ieaw~nn in t!» ~nuat stuid+?d policy farty io ~ swn ~pprowd by tM M(MiGA~3EE~ in wch aanp~ny or aompaniaa ~s tM MORTGAGEE ~y
dinctt ~nd a!1 fin ~nd wi~ro?m iiawana Policies on ah? of uld buEldinp~, any InNnst Nwein or put tMr~of, fn tM pprep~~~ wm afora~W or
in ~xass tMr~of, sh+il cont~in tM wwl standud mortp+pN dws~ a wd~ oths~ claw~ as ~M Mat9pN m+Y nquin. m+kiep tM loss wdN a~id poii~
c1~s. Nch snd ~wry. P+Yabl~ a aid MORTGAGEE a its iro~?at m~y appur. a~d e~ch and ~very wch polih? sMit M prompfh us:~Md and dtlivKSd ro
any MW by wid MORTGAGEE as fwthsr s~curity ro wkl matp+p~ d~bt. and. not ks~ than t~n l10) daYs in +dvanc~ of tM ~xp~?ation of tad~ polky. to dr
Uwr ro s~W MORTGAGEE a reMwsl tMr~of. topNhK with ~ reuipt for tM pnmfum of wch r~newalJ and ~heh aMll b~ no fir~ a windatorm irnwana
plaad on ~ny of saW buitd~nps. u~y intK~st th~reM+ a put tM~~of, unku tn rh~ fam and wNh tM loss p+trabl~ as ~fwes~tdr aed W+ tM ~wM ~^y wm
of eewn~y becwnss paY+hi~ v~ s~eh polky.a pdiws ~+1d MORTGAGEE ~hatl haw tM option ro neaw and +pP~y ths ++me on accou^~ of tM ind~b?~d
nsss Ncund hKeby or !o permit s~id MORTGAGORS ro rootiw and us~ N or any P+rt thereof fw Wha pvrposes, without Ihaeby waivinp ot impair-
insvnd, o~i fsryil to cklive~promptly am o~sau
id Folrcia of i~mw+no. rot s~d MORTGAGEE.Tor f~~ ~It f~
y ~~ason f~ ~ka~p /M~ «prNn~~
a~ h wY h
reipsd fail to pKfwm, dixMrys. ~xecvte ~ff~ct. canplet~. oomply with and abidt by this aovensntr a!ny P+?t i~wf. ~+id N10R?GACaEE may pl+a ~~d
PaY fa aud~ trowanc~ a ~nN Wrt tl~eof withoW w~ivinp or ~ff~ctkg +n~l ePtion, ~i~n, puity. or ripht vnder w b~r vktw of this N1ort~+p~. and tM
full art~ovnt of ~ath and ~vKy such paym~nl shall b~ immali~ttly dw and p+y~bls ~nd shali beu intKSSt irom tM d~b thehof w?til paid at th~ rah ot
nirw pa antum p~r Mrw+m snd to~cther wifh wch interest sMll be secwed by tM 1'an of this matyap~.
4. To psrmir, eommH or wffa no w~st~. Mnpairment w daterioratan of s~id prop~rty or +ny p~t th~nof.
5. To p~y all ~r?d sirgvl~r th~ costs. d+u0~+ ~nd ~xPM++~s. h+dvdi~+p a rsasonable sttorney's fN and ooats of absnacts of titb. inwRd o~ p~id
any time by saW MORTGAGEE, bscsvse or h tM eveM of the falluro on ths p+A of tha s~W MORTGAGOR w~dub, pranPNY +nd fu~h~ P~+fwm„ d~xh+~~
execut~. eff~ct, oomplet~, canply with and abid~ by t~d+ u~d every the stipul~tions. .p~eemenn. eond~fio~a~, and oovcn+~n of satd promisso~y no» a~d ~hb
matyap~ any a arhar, and said oosts, chu~ts and exp~nses, each and ~very. sMll M immediatey dus ~nd p+yab~e: whether a not thsr~ b~ i+otia d~
msnd, attempt to collatt or wit p~odinps ~R:'tFN full anwunt of escF~ ind wery wd+ Wyment ahaU bes? interest from tM date N+~reof unttl p+td at tM
rate of nirp per_eentum per amwm: and all said tostt„ chuyes +ad exPa+sss i~cwrsd a paid. togNhet with sucl~ inter~ab sMl) bs a~tured by th~ li~n of tha
mwt9+~• .
b. iiwt (a) 1~ the event of any breacA of this Mwtyaye or default on the part of ths MORTGAGOR, or (b) in tl+~ svent u~y of s+id wms of nwn~y
herein mfer~ad to be not promptly and fvlly paid withln thirty (30) days next ~fte? the iame severally becane du~ ~nd payable, withoul demand a notkt. _
or tn the event each and ewry the stipulatiom„ agreemaMS, weditions +nd coven+^ts of sa~d promissory nots and this morl~a9e ~ny o? ~ithtr m ~wl
ioly. promptly and fully performed. d'~ad~ar9ed, execut~d, effected, completed, compl~sd with and aki~ded by, tMo in eirhsr o~ a~ryr wch wtnf ths said ap~
gregate wm mentansd i~ ssid promiuory note theo remaininp vRpaid, with iMerest ac«ved. u+d all mor:ays secured herebY. +hall baaome dw snd p~y~
able forthwitF~, or thereafter, ~t the option of said MORTGAGEE, as fully snd completely ~s if all of the said wms of money were orginslly stipulated
to be paid on such day, a~ything in said promiuory ~ots « in this Mort9sye to the conuary ~wtwi~hstsndinp: and thereupo~ or thereahe~ at the optio~ of
said N10RTGAGEE, withovt notice w demand, suit at law or in eqvity, therefore or thereafter beg~n, may be prosecvted as lf dl ma~eys sacwsd hereby
hnd marwed prar ro in instfwran.
7. That in t!?e event tMt at the beginning of or at any time pendi~+y sny wit vpon this Mortysge, w to fwedos~ it, or to rofwm it, or to eoforc~
payment of any daims hereunder, s+id MORTGAGEE shall apply to the CouA having jwisdictan thereo( fw ths ~ppantrneM of ~ Receiver, wch Caut sh~ll
forthwith ~ppoint a receiver of said mort9~ged property all and singular, indud~rg all and sing~lar ~he incane. protiu, issues arw! rovenves from whahwr
source derived. each and every of which, it being expressly w~derstood, is hereby mortgaged u if sptciiitally set forth and destribed in the yrsntirg and
habendum cla~ses hereof, snd such Recciva shatl iwve all the broad and effective fu~ct~aa and powcn in anywise entrustsd by s Court to a Receiver, ~nd
such appointment shall be made by such Court u an admitted equity and a m+tter of absolute riyAt ro said JNORTGACiEE. ~nd without refae~te to the
adeq~acy w insdeq~aty of the wlue of the property mortgaged w to the soNency or inso~vencY of said N10RiGAGOR or the defendants, and that such
rems, profits, income, iuues and revenues shsll be applied by s~ch Receiver accordiny to tfie iien or eq~+iry of uid N10RTGAGEE and the pr~clic~ of such
CovA.
8. To duly, promptly snd fully perform, di:clwrge, execute, effect, complets, comply with and abide by eKh a~d every ths stipulatwns„ ~graemsnts,
conditiorn and coven~nts in ssid promissory note and this mortgsge set fath. .
9. Thst i~ the event the ownenhip of the mc~t9aged premises, or any part tlxreof, becanes vested in a person other thsn the MORTGAGOR, tlr
MORTGAGEE, its successors and auigns, may, without notice to the MORTGAOR, deal with such wccessw w successor in i~terest with reference to tbis
~ mort9a~e aed the debt hereby setured in the same msnner as with Mortgagw without in any way vitisting w disthargirg ths Mortyagon' lisbility Mrr
under w upon the debt her~by sewred. No ssle of the premises he~eby mortgaged snd no fwbearance on the paA of the MORTGAGEE ar in a,cceswa
a suigns and no extension of the time for the payment of the debt hereby secured yiven by the MORTGAGEf w its successon w assigrq, ihall operatt
to rekase, discharge, natlify thange or affect the original liabiliry of tha MORTGAGOR herein, either in whole or in part.
lp, h is spedficaliy agreed that Yune is of the essence of this cauract snd that no waiver of any obligation hereunder o? of tM obtipation ia-
cvred hsreby sMll at any Yvr~e thereaher b~ hetd to be ~ wsiver of the terms hereof o?'of the imtrumant secvred herby.
11. In addition to the forego:ng monfhly payrnenq of princ:pal snd ~+terest required by: t1?e pramissory not~ sewred hereby, mortgago? ooven:nb
and sgrees to pay to mortgagee with each month~y payment an sddirionsl sum est~mated by mortgagee to be eqwt to 1/12 of the annwl caat of the fdlow- '
in9o '
A-All real property taxes kvied or assessed against tF~e above described real estate.
B-Premiums on fire and windstorm insytance as herein requ~red to be carried on the improvements situate on ihe above desuibed premises.
C-Premiums on s~th mortgage guaranty inst?rar.ce as mortgsgee shall from time to time deem fit to prry on the ban secured hereby.
Mortgagee shall from time to time rwlify mortgagor in writing of tF~e amount due and psyabk hereunde~ and such wm shall thereupon be due and
' payable on the due date of ttx next monthly paymeM and each successive month theresher ~rtil mortgagee shall notify mortgagw of s chaoge in such
amounf. Such sums shall be applied by mort9sgee toward the payment of rea) property taxes, inwrance prem:wns, and mortgape gwranty inw~ance
i premiums. '
f IN WITNESS WHEREOf, the ssid MORTGAGOR has herevnto set his har?J and seat the day ye fint af id.
~ Sip . Seikd a delive in the presenos of: ~
i •
~ • ~--q r
~
rs..n
STATE Of FLORIDA_ ~ . . .
St Lncie
courm oF •
eefore me Penoeally appearod HQ1eD M. Cut111~.ugheAa, A S3~91Q Adult 7~p
1~~1
, to me well knawn ~nd knawn to m~ to b~
the ind'niduab destribed in and who exewted the fote~arg i~strwmnt, and ackrwwled~ed before ms thst i~w exsouted the ssme fo~ tM purpw~s ,
rherein sxpressed. ~ fj~@
~~Q000IXf10[ ~
~
~ WITNESS ~ntwndw~,offki~l sssl day of A. D. 19_b~
; \ ~ ~ ;
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• FILED AND R~ s~,~. ~ r~.~a.
. Re~~ To: . ,$T. LUCIE COUN , FLA:~
Rnt .F~dafsl -sa~ t,?an ~Au«++t~«+ R~ C 0 R 0 V E R 1 F I E D S~ 01 F~*
~ : F~., P~ 1'710`74 c~.~. ~ s~. ~
' r. . _ ~..aa a !r. ~ c+..rr a. ~ `
~ ' . j?F4:f ~~~~~~rid~ . , , .
. ~ ; ~ '68 OCT~ 7 PM Z : 5 9
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This Instrument Prepared By ROGER POITRAS .
First Federal ings b Loan Association CIERK CIRCUIT COURT'
• f Pieroe .
Chedced 8y ~
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