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Te pl~a ~nd contiM+anh? ks~P on th~ buildi~ps now a hKeafta ~itwb oo aid land ~nd on all equipm~nt u?d ps.son~lly oov~nd b1? thk ~Ip~
p~, with all pnmiv~m thu~ Wid In fv16 fin intwana in tM ~wal ua~dard policy iom?. h• s~xn approwd br tly MORTGAGEE. ~nd wted~tonn
imur~na tn tM usual sundard policp fam. M• su~ +pprowd by tM MORTW?GEE. M~ s~+d~ ~Y or con+P+~~+ as tM MORIGAQEE nwy
mu
dinctt and ~U fin ~r?d wk~hann i~swann PolkNS on ~ny of ~aid 6uNd'w~p~„ ~ny Manst ti~~in cr p~?t therwf, in th~ a~~eyat~ awn atonaa a
In acaa th~rwf. shall contain th~ wual sqndard mortpapN d~,or wd+ Wlw tlava a 1M Mwq~~ m~Y nquih. m+kinp tM lost uodu s~id'po1E
da, sacA and .v.ry. arabN a s•b MORTGAGEE a ih u+~K.s~ n,sy •pp.ar. .nd .ach and ewry wd~ policp sha11 b. pra~pHy .ss:~e.d •nd deuv...d ro
~ny Mld by wid MORTGACsEE a fwthar secwity ro ~aid mat~+~ d~bt. and, no~ kss tMn ten l10) days in sdvanc~ of tM ~xpkation of ~ad~ Polk1?. to d?
livM 1o wid MOATGAGEE ~ ra+ewal thxeof, fopether with ~ raceipt for flw pnmium of wch rsoewalj ~nd tl+K~ shall M no f'~n a windstwm Gnt~r+na
pl+ad on ~ny of said bvildinps, any inrerep tlwr~in or pu~ tMrwf, w?less in tM fo?m and with tM Ioss payabl~ a ~fwes~id~ u~d in tM twnt ary swn
of ew~»y baana psy~bM u~d~ wd~ Molky a pofici~s said MORTGAGEE ahall haw tM opta~n 1o roceiw ud ~pply ths s+nk on acoouM of th~ ind~bted~
Mss sKw~d Mnb~r a to pa~mit s~id MORTGAGORS ro reaiw and us~ N w any part thereof for other pwposes, without thaeb~ waiviny o~ imp~ir
~+~Y ~~Y. li~n w ri~ht vodar or b~r virtw of this mortya~; .nd in ~M ~vem aid MORTGAGORS alwll fw any ~easo~ tail ro k.~p ths ssid pranaes so
~sw.d. « wi a d.uw~ ~o~~y ~ny of said polictes of iniwann ro..~a MoaTC~?ce~, or f~il promPt~Y ~ WY fi+~h? +~Y W~mium thenfw a~y
r~sp~a faU 1o p~rforiM, discha?pR. ~x~cut~ tffact. aomplet~. comP~Y with and ~bW~ by tlas oovar?+et, or any part Mr~of. said AI?ORTGAGEE m~y ptia ~nd
WY fa wd~ Lauranc~ a ~ny pa.t tlww.~ without waNinp a~ff~ctlnp +eY oPtian. li~n. equUY. ar ripfit u~ a by vktw of thb Mort~ap~. and tM
full anwwN of ~ad~ and way such paym~N sMll b~ immsdAt~ly dus aad p~rabl~ and ~h+ll bear toterest hom tM dat~ th~reof uatil psid at th~ ~at~ d
nins per antum pw ~nwm and to~ether with s~xh interest s1~a11 be sac~nd by th~ 1'~ of this mort~sye. -
4. To pKmib aomnat a suffu no waste, imP+irrt~eM a detsrioritia~ of ssid propKty or u~y part thereof.
S. To pay ~II a~d sirgvlar tM coata. dw9n +~d ~xP~nses, ~h~di~p a reas«?~bl~ sttoroet?'t he and ooib of ~banac~s of titt~. lncun~d w paid at
~ey time by ~+id MORTGAGEE. b~cavs~ oc rs Me ~wm of the f~ilwe on the p+rt of tM s+W MORiGAGOR w d~ly. P~~^P~b +nd fully ps?farm, dach+~
~xecvta ~ff~d. can~». oa~Ph with and ~bide b~r ~ach snd every ths stip~l~tiona, ayreert~eMS. ca+ditions, s~d oovenanb of said promissory nob and thit
mort~pe ~ny or atbK. and ssid costs, dw9q +^d exPt~es. each aad wsry, ahall be immediately dw and payabl~t wMther a ~ot thK~ b~ ~otice da
mand, attNnpt ro ediecl or wit peoding~ and tM fult arno~nt of ~atA and swry wd~ PaYmeM aA~n bek interest fran th~ da~e thKeof uMil p~id at th~
rafe of nirp Ftt_cetNVm pe? a~wwms ~nd ~II said oosts, ch~rpes aed exp~++s~s ind+rrad w p+~d. toeNher with suth intfrst, slwll bt s~cwad bp th~ li~n of thil
maq~p~. _ . ,
6. TMI in ths weM of amt brs+ch of this Mort9spe a defwlt on Mr part of the NK)RTGAGOR. w(b) k? tM ~vem any of said wms of montr
henin nfernd to be not prompthr and fvlly paid within thirty (30) days oext afte~ tht same sew?a1~Y become due +^d Wyable, witlaut dem~ed or notics
or W ln tM ewnt each and every th~ stipul~tiaw ~reamaMS, conditions s~+d coven+nts of sa;d promisswy rate u+d tha mafpase sny or ~itha an nol
iuh?. P~~^P~Y fullr perfwm~d, diacMrp~d, executed. ~ffected, comPkted, complied with aod ~bided by. tl+en in eift?er ar u~y such went th~ s+id +p~
flreyate swn n~e++tioned in said praniswry note tl+en nmaininp unpaid, with interest accrued, and ~II moneys secured t~eby, shrll becom~ dw and p~y~
abl~ forthwith, or thereafta, at the option of said MORTGAGEE, as fully ~nd compkt~ly as if al~ of tt+e said wms of ma~ey were origin~lly stipulated
ro be paid o~ svch day. any~hing in said promissory rwte or i~ this Mort~ape to ths contrary ratwithstandingj and thereupon w lheresftar a~ tM opNon of
said MORTG,AGEE, witFaut notice ar dem+i+d, wit at law or in equih?, ther~fon or theresfier beyun, maY be Prosec~ted as if all e~o~eys ~ecv~~d taroby
Fwd matt?red prior to in instifation.
7. That in ths event that at the begiMing of or at sny time pendinp any wit ~pon this Mwtgage. or to faeclos~ h, o? fo refwm h. o? 1e enforp
payment of sny da'uns hereunder, wid MORTGAGEE shall apply to ths Court having jurisdiction thereof for the appointment of ~ Reoeive~, wch Co~rt shall
fwthwith ~ppoiot s reoeiver of said mortpayed ptope+lY all and singular, indudmg all and singul~r the income, profits, fsuas and rwern+es frpn wh~twet
wurc~ derived. each and every of whKhi. it beirg expreuly understood, is hereby mortpaged u if spedfically set fotth and described in the prsnYw+p and
habei?dwn clavses hereof, u+d such Receive~ sh~ll Mw all the broad and effective funct~ons and powers in anywise ennusted by a Cou?t to • Reuiver. ar+d
such sppointn+ent shall be mad~ by wch Caxt as an admitted cquity and a matter of absolute riyht fo said MORTGAGEE. and without reference to ths ,
sdequacy or inadeqwcy of the vsl~s of the property matg~ged or ro the sohrency or insolvency of said MORiGAGOR w the defendants, and that such
rents, profits, incane, iuues s~d revenues thall be applied by wch Receiver accwdin~ to ths lien or equiry of said MORTGAGEE and the practice of such
Court.
& To doFy. promptly and fully perforn., d~schsrge, execute~ effect, complete, comply with usd abide by each and every the stip~latio~s, sprsen+ents.
conditions and covenann ~ said promissory note ud thq mwtyage set fwth.
9. iMt in the e-+ent the ownenhip of ths mortg+yed premises. a any part thereof, becomes vested in a pe~ion -otha th~+ the MORTGAGOR, tl+~
MORTGAGEE, ib successors u+d auigns, may, without notice to the MORTGAOR, deal with such successw or sueteuor in interest with rsferente ro this
mortyyp and the debt hereby sncwed in the tame manne? ss with Nbrtgagor without in sr?y way vitiatinp or dischsrging the Mott~sycxs' liability Iwrr
under or upon the debt hereby secured. No ssk of the premises hereby mortgaged and no fwbearance on ths parl of ths MORTGAGEE w ih sucoesson
or auigra u+d no exte~sion of tl+e time fw tF+e payment of the debt hereby secured given by tlx 1MORTGAGEf or in succes:on or assiyns, sha~l oper+M
ro releas~, disdWrye, modify ch~nfle or affecl the original Iisb~Gty of the MORTGAGOR herein, ~iti~er in whds w in part.
10. It it specifically agreed that Nme b of ~he essence of this contrsct and that no waiver of any obliyata~ hereunder or of the oblipatwn sa ~
cured h~reby shall at any time th~reafte? be held to bs a wairet of the terms hereof or of the Imtrwnem sewred herby. .
11. In addit;o:+ to the fwego:ng monthly payme++ts of princ:pal and interest required by 1Fie promissorY note secured hereby. mortgagor o Kr1s
and agre to mortgsgee with lacti ma+tMy paymsr?t an addrtional sum estimated. by mortya~ee to 6e eqwl'to 1/12 of the annual co s fo~bw-
;ng: _ . ~ ~ • , . -
A-All real property taxes kvi against the sbove desaibed real estate.
! B-Premiums on fire and windstorm inwrance as here tabe carried on the im s~tuate on iF~ sbove described p?emises.
` C-Premiums on such mortgage guuanty insursnce as mort time dcem fit to carry on the loa~ secured hereby.
~ Mortgagce shall from time to ti ' agor in wrifiny of the amwint due and paya a~d such wm shall thereupon be due and
~ payable on the due dat e:t monthly payment and each succ~ssive month thereafter until morigsgee sha ~o ~ in wd~
~ amovnt. . s atl be appGed by mortg+gee towsrd the payment of rea) propery taxes, inwrance p~emiums, and morigaye gwrsnty
~ .
IN WITNE55 WHEREOf, the said MORTGAGOR has he?eunto set his hand and seal the day u+d f
• esaid.
Seal and de' in tht presenos of: . ~
~
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~
n
STATE Of fLORIDA ~ .
St. Lucie
couHnr oF
~f~ ~ ~,iw R. Blsiae GQrrish
Maraaset M. Gerr s~1 hi, wire, to me wen knoMn+ ,na known +o m. w b.
tM irdividwlf desvib~d in and who ed ths fot~q~pp t~~, adcnowiedped b~fore me that they enewted tM same fw ths purposes
therein sapr~aed. Md tht said ~u~ttz •~err18~
w:r. o~ n,. ..~a R. Blaine G~rrish ~ ~,~.p...a .na aw.~.
e:wnination by m~ taka~ s~pa~ate and ~put from Iwr ~id Fwsband, acknowkdped w a~d b~fwt en~ tMt sM exewted s~id i~utrurtwnt frKly and voh~
tarily ~nd' without aoy oompubia4 oonur~int, y~pr or fear of o? from hs~ s~id iNnbind.
w~rNess my Mr+a :„d off'~ci.~ ..d thh feh/
` a.Y of Octobes A. n. ~q 68
. Notary k ie~ and fo? tM Stab af fbrida ~t Lup~
!Ny .~npir~ ~ ~ . ~ / y 7/
R~twn Ta , . • • . ~
Flnt f~rd Savirgs L lo~n /1~sociation ,~~a~itiil~'s.,~ P~. S~ 0~ ~011~ it ~M~
' 1 f ~+r ~
a P~. _ , t 6, ~n
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: f;oet Pieru. Florida ` ~ ~c~~is~~~ _
• ~ iH ~
~ ~ • . ' .
' 's ~r - RILEO AND RECOR~FLA.
This Instrument Prepared By 4'" ; j_ s~' ' ST, IUCIE COUNTY.
First Federal Savings 3 loan Association a c.~~~ z G
fl ~~c~ :•-1
' of Fort Pierce Q•''t~ ' 1 1
= P~ ~ ~
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. ''68 O~t I I PM 3: 3 3
checkad 8y ,~oZa, . coilias ~ „
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~ lOtIK~~ . ~ ~i03~R i'OITii~.S
' CLERK CIRCUIT ~OURT
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