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To plaa and continuowly kNp on tM buildinp~ now or hK~afta ~ltvat~ on said land and on ~11 .q~ipm~nt a~d p~na?+Ib covKrd b~/ thM n+at~
a~, with dl pr~miwm ~Mnon p~id in full, ftn Inswanc.~ 1n ~F~ uw+l iundud policy forn~, in • s~rm app~owd by tM MORTGAGEQ au~d wiadttom~
irawu~a in M+~ wwl ~t~ndard policy fwm, in ~ win approwd by tM MORTGAGEE. (n wch comPM+~ or comP~^ia a th~ MORTGAC3EE mar
dk~ty and al) hn u~d winibwrm ir~w+~q polici~s on sny of said build~npa, ~ny intwa~ tM~ein o~ part tM~~of, ~ th~ pp~p~t~ awn afor~s+W or
in ~xass ~hK~of, shall conrain tM ~wal aar?dud mo.roa~.. daw. a wd~ ah.. dws. ~s ~M Mo.t~aps. mar nqvw. mak~ep ~h. Ias w~d.r s+id poli~
ci~s. ~ach and ~very. Wrabl~ fo saW MORTGAGEE a in inqr~st may appw. and ~xh and ~w~Y u+ch Policl? ~hall b~ promWh ~ss:yrnd and d~livw~d to
any h~W by s~id MORTGAGEE a fwtha sea+rity ro wid mwtp+~ debt. and. nw less th+e an lIQ) d~ys fn advar?a of tM ~xptr~tan of ~acF~ poliey. ro dr
liw~ to ~aid MORTGAGEE a nntwal tlwtwf, ropetl~ with ~ rouipf fa tM p~nlwn of wch rensw~lj ~nd then sh~ll b~ no fin a wirdsarm inwanc~
pl~pd on ~ny of said b~rildinys, any int~rat thK~ie or put tMreof, unleu tn tM form ~nd with th~ bss p~Yabit +s ~fora+ids +^d 1^ tl+~ ~`nM sny twn
of mp~y beoonws p~ysby ur~ wch polky ar poiici~s said MORTGAGEE sMll haw tM option to ~eceiw and ~pply tM arr» on aaoum of tht ind~btd~
rnss s~cw~d Mreby a b permN s~id MORTGA~'sORS ro naeiw and uw N a sny pat thsr~of for orher .p~rposes, without ther~b~ waivi~~g a impair
lnp anY pv;ty. IiN? or rght undx a by virtw of this mort~ap~: and in tM ~wnt ~aid NWRTGAGORS shall fa ~ny r~awn fai) to ksep tht said prMniwa so
insw~d, a f~it b d~liwr pranptiy any of s+id policies of irour~ ~o aid MORTGAGEE, or fail promptly ro pay futty any pr~mium ther~fp p in any
r~ap~et f~il b p~rforrti diaclwrpt. execute, ~ff~ct. oo~npl~t~. oomply wtth u+d abid~ by thh aovsnant, a u~y pert I+erwf, s+id MORTGAGEE m+y plaa +ed
pay (w wch imww~c~ w any put thenof without wahrG+p or ~H~cIMg any option, lien, equity. or rpht v~ o~ by virtw of this Mo?ty+p~, and tM
f~rll ~eeount of ~ach and twry wcA paym~m sMll b~ immedi~tely dw and paysble and ~II bear intKSSt from ths d~t~ thenof until pad ~t th~ rat~ oi
nine p~r ce~tum pw arowm and to9eths~ with such int~rest shall bt secured by tM lite of this matg~ye.
4. To pKmit, ooeunit or suffar no wut~, h~pakmw?t w deterior~tan of said property or any pa?t tM~sof•
5. To p~y dl s~d sG+pu1K tM cosh, cMrps~ snd ~xPKae~, inct++di^p • t~so~abk ano~n~y's f~s and oosh of ~bstracn of titl~, inwned or p+id st
any tims by said MORTGAGfE. because w in the ~vent of tM failwe on th~ part of th~ safd MORTGAGOR to duly, p~omPNy ~nd fuUy pufwm, dischary~
execvte. ~Nsd. aanpkt+. aon+ply with and ~bide by each u~d ~very the atipulations, ~yreements, conditia?t, and coven+nts of ssid promiswry nofe ~nd thii
mortpape sny or eithK, and s+id cwts, chu~es ~r+d expa~ses, esch and ~verY. sh+ll ik ImmeJiately due and psyabls: whe~her a not there b~ notioa d~
mand, atrempt ro eolkct or wit pendie~ps +ed the full smov~t of e~di +nd ave?y wch p+YmeM sA+ll bcw Inreros~ from the date tFweof wNil paid N tlr
rate of nioe pa cer~tum pe? an~wm; and ~II said cosb. char~ aod exp~nsss inarrnd or paid, to~tther with suth intsrest, sh~ll bt secured by tM li~n of thit
mar~p+~• .
6. 1Mt (a) io ths eve~t of u~y brcach of this Mortgs~ or defaolt on tM psrt of the MORTGAGOR, or (b) in tM event ~ny of said axm of moMy
herein refened to be not prompdy and f~lly psid within thirty (30) days next after the same seve~slly become due ~nd pay~b~e, without demand or notiee.
or (c] ie tM event each ud every tl+~ stipuktions, ~greeme~ts, conditans and coven~nts of uid promissory rate and thu mort~ap~ any or tithe~ ~m no1
iuly, promptly and fvlly performed. discba~ged, txecvt~d, ~ftechd, tomplet~d, complied with ~+d abided by, tMn in ather a a++y wch ~wnt ths s+id +p~
greyat~ wm mentioned in said promiuory note then remaininQ unpaid, with inrerest acuued. and all ma~eys secured hertbY. sh+ll beeome dw and p~p
able fwthwith, or thereafta, N tF~ option of said MORTGAGEE, ss fully e~d completey ss if all of the said sums of money were wginally stipvlated
to be paid on such daY. u?ything in ss~d promiuory nots or in thls Mwega~ to the aontrary ~otwi~hata~ding; ~nd thereupon or thereaher at tM option of
said MORTGAGEE, without not~ or demand, suit at law w in equity, thereforo or t#~eafter begww, may be prosecWed as if all motieys ~atwed Mreby
had marured pior w in ins~~turion.
7. Th+t in ths event that ~t the beginning of or st sny time pendiny any wit ~pon tha Mwtgage, or to Iweclos~ N, or to roform iL w to enfwte
payment of any claims herevnda, said MORTGAGEE shall ~pply ro the Court having jwisd~ction thereof for fM appoimmeat of a Raceiver, wch Co~rt ~11
forthwith ~ppoint a recsive~ of said mort9~ed p?operfY all ~nd sing~ler, intludmg al! snd si~gylar ths inco~+s. pro(its, iuues srd ~evenues from what~ver
so~rca derived. each u~d every of which, it beirg expressly u~ders~ood, is he+eby mortgsgtd ss if specifically set fwth and dewibed in thr prantirp and
habend~m c:a~ses hefeof, and such Receiver shsll haw all the broad and effedive ivnct~ons and povrcn lh a~ryrwise e~trwtsd by a Court ro a R~ceiva. ~nd
such appointment shall be made by such Co~rt as a~ admitted eqvity snd s matta of absotute riyht to said MORTGAGEE, snd without ~eferenoe ro the
adeqvacy w inaJeqwcy oi the value of the prop~rty mortgaged or to the solve~ty or i~so~veocY oi said MORTGAGOR o? the tleferdants, and thst wch
rents, profiri, income, iuues u~d revenues shall be applied by such Receivet atcordin9 to tM lien or equi~/ of said MORTGAGEE and ths practic~ of wth
Coutt.
8. To duly. promptly and fully p~rform. dischsrge, execute, effact. complete, comply with and ab+de by each and every the stipvlatiaa. apreertwnts,
conditions and oove++aMS in said pran'~ssory ~ote a~nd this mortgage set forth.
9. Tlut in the event the owne?ship of the mortgaged p?emises, or ~ny part ihereof, becoms vested in a person oxher than tl~e MORTGAGOR, th~
MORTGAGEE, its suaesso?s +nd assi9ns. maY. without notice to the MORTGAOR, deal with such wccessa w successor in interest with reference fo this
mortgape and the debt hereby aecured in the same msnner u with Mortgago~ withovt in any way vitiatlrg a dischargirg the Mortyagon' liabiiiry hen-
under a upoe the debt hereby secured. No sak of the preroises hereby mortgsged and no fwbesrance on Ihe part ot tM MORTGAGEE a its suaessws
w auig~ and no extera;on of the time fw the paymem of the debt hereby secured given by the MORTGAGEf or in successors or assiyr~s, st~ll opaat~
fo release, discha~ye, modify char~e Qr aff~ct the originaL liabiliry of ths MORiGAGOR herein, eithsr in whqle or In pa~t.
10. It b specifica~ly agreed that . time -is of th~ euenoe of tla~s tontract and thst no wsiver of any obtigation, hera~r~der or of tht oblipation sa
cured Mrtby shall st any time thereafter be held to be. a wairer of the lerms hereof oF of the in ~trumeM secured herby.
11. In add~fion to the forego:ng mont~ly payments of princ:pal and interest required by the p~?omissory note secured hereby, mortgagor ooveeams
~ and agrees to pa~r to martgagee with exh morithly payrnsnt an addirioMl ;urn cstimsted bY mortgsgee to be equsl to 1/14~of the aruwat cost of the follow-
i~: . . . . . - _ • ' . ~ . .
, A-All real property taxes levied o? assessed against the above described real estate. . r
B-Premiums on fi ard windsform inwrance as herein reqv~red fo be carried on the improveme.~b sitwte on the above described prem'~ses.
C-Premiums on ~ rtwrf9age 9uuanty insurar~ce as mortgagee shatl irom time to time deem fit to carry on the loan setvred hereby. •
Mwtgagee shall from time to time notify morrgagor in writing of the arnount due and payable hereunde~ and suth wm shall thcteupon be due snd
j payable on the due date of the next monthly payment and each successive month thereafter vntil mortgsgee shall notify rtwrtgsgw of a charge in such
amount. Such sums shall be applied by mo?tgagee toward the payment of real property. taxes, insura~ce premivms, and mortgsye gwranfy inwrance
j prem'~. •
~ IN WITNESS WHEREOF, the said MORTGAGOR has hereuMO set his hand and seal the day ~nd year fint aforesaid. •
t and deti ed in presence of:
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{
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rs..n
STATE OF FLORIDA ~
St. Lucie ~
courm oF ~
eefa~ ms pe~,a„~y ,pp~,~ed Robert Sazl Ssith ,r,d
Je1~611 AAI~B Saith his wiie, ro me we{I krwwn .nd known to me w b~
ths individwb dcscribed in and who eaecuted the forc9oirg butrument, and acknowtedqed beforo me th~t they exewted the sarnt for ths purpows
rF?eretn eap.es~ed. /1,~d +h~ saia Jewell Alttle Sf3th
wife of ~i,. w~d Robert Ba=1 S~ith „p«, ,~,a P:~,,.,.
examinstio~ by me takcn separate :nd apaA from her ssid husband, aclu~awbdyed to and befon me that she executed said iratrumenl hetly and volwr
~ raril~ and witharl any compvlsion, caatraiot, apprehe~uion, or fe~r of or from hsr said Iwaband. . ~ `
~ WITNESS my hand and off'~ciel seal this ~ 7~S day of ~6~6= D. 19 68
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• ~ FILE9 ~ANO RECORD6t3~ ria,.r P~~x .~a ta. s~.t~ a'ta.~,:
My Corrwniuion ~upireu ~ ~ • ~ , -
Return Ta. ~J~. ~.US~~r CiOUNTY. FLA. ' ;i ~ = ~ ~ ~ ,
F~~ ~ed~..i sa~;~ a~~.ou.r•w~ RFCORD V~RIFIEO •.N.t Iw~uC. itAt~ ~t~ -
~ir cor~t~issid~, = ' _
~ F~, PK.~. 1'7ia`76 ~u~=~ ~ r: ; _
,iort Pierce. Florda ~owoio t e s
o ~ r r ~ f R t~ v?: Q
a t~~ ~ R C•;
'68 OCT 7 PN 3: 0 I ~
This Instrument Prepnred By ~;OGER POITRAS
First Federa vings b loan Associati~~RK CIRCUIT COURT
• ~ rt Pierce ~
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Checlced B ;
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