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9. To plac~ and continuoualy keep oo tM buildinp~ now or hK~+ftK ~itwt~ on ~sW land and on ~II eqvipm~nt and personally oovK~d bY thi~ mat¢
with ~~I pr~mium~ thereon paid in tull. fir~ iniuranc~ in 1M ~iwl iundard policy form, in a tum ~pprov~d by ti» MORTGAGEE, ~nd windsto~m
i~1ftY~1K0 in tM uswl standard policy fam. in a sum approv~d by ths'7NORTGAGEE, in wch company a comP+nie+ +s tM MORTGAGEE may
dir~dJ ai+d all fir~ and wi~dsform i~urana pdki~s on iny of ~aid buiWinps, a~y i+d~rqf t!?K~in w parl th~rtof, in the ~pyrepate sum ataaald w
in ~zass tAerwf, shall contain the wwi su~~dard mortya9es claua a such other cisuss a tM Ma~yagee m+Y roV~in. m~kinp tM lou ur~dt~ wid po~F
ciq. tach and every. paYabl~ W s+id MORTGAGEE +s its interest may app~ar. and each and ~wry such Pclicy ~hall ba promptFy au:yn~d +nd delive?~d to
any MW by said MORTGAGEE ss fu~tFKr iecurity to s~id mortps9e deb6 +nd. no~ ~ess than ten (10) dsys in advsnc~ of the expi~ation of each polity. 1o dr
Iiv~? to said MORTGAGEE a ranewal the~eof, tope~her with a recaipt fw tM pnmium of such reoewal; a~d then shsll be no fire or wi~dstam inwrsnc~
pl~ced on ~ny of said b~ildirg~, any interett 1M?ei~ or p~rl tMreof, unless in tM form and wi~h tM loss psy+bl~ as ~fwesaid~ s~d In tM ewet ~m? swn
of mon~y becomes pay+bl~ undK s~rch poliq w policies s+id MORTGAGEE shall haw tM optio~? to receive and apply the same on +ccouM of tM indebted~
nsu ~ecv~ed haeby w to petmN fsid MORTGAGORS to noeiva uid us~ it w anY pnrt tFxreof for other purpoies, withput thereb~ waivi+y w imp~ia
inp any pvity, li~n or riqht unde~ or by virtw of this mortya9sj ~nd in 1M eva+t said MORTGAGORS sha~) fw any reason fail fo keep ths s+id premiies w
ins~red, ot fdl to delivN promptly snY of said polities of insura~u to ssid MORTGAGEE, or fail promptly to pay fvlly any pra-nium therefa a in any
respett fai) b pK(orm, dischary+, ezetute, effM, complett, comply wifh end abide by this cove~snt, or ~ny pa~t Mreof, ssid MORTGAGEE may pl~ snd
pay for iuch inw~anc~ or +ny part tl+Keof withoul w+ivirg or ~ffectinp any option, li~n, equity, or ri9M under or by virtw of this Mat~~ye, and the
full amount of esch a~d ~very wch p~Ymem sha~~ be ~^w^cd~+~eb due a^d PaY+bl~ and sh~ll besr imerest from ths date the~aof until p~id ~t th~ rat~ ol
nine per ceotum psr snnum and toyether with such inte~eit ihall be xcured by tM lien of this mort9age.
1. To permit, oommit w suffer no wasts, impairment o~ deterioration of said properry w~ny p~rt thereof.
5. To pay all and sirpu~u the costs, ch~?9ea and expenies, includinp a re~sa+able attorney's fee and wsts of abstracts of title, incurced w p+id at
any time by said MORTGAGff, because or ln ths event of the failwe on ths part of the said MORTGAGOR to duly, promptly u~d fully perform, di~chuy~,
execute, effed, complett, tomply witl~ and abide by each snd every the stipvlatiau, agreements, conditions, and covcnants of said promistory ~ot~ ~nd this
mwtgape ~ny o? either. and said costs, charpp and expenses, esch and every. shall be immediately due and payable: whether or not thae be notice dr
msnd, attempt to colkct or wit pendirgt and the full ~rnount of each end every such psymeN shall bear interost from the date thereof umil p~id st the
rate of nine per centum per annum; and all said costs, charget and expensei incurred o? paid, togetFxr with iuch interest, shalt be secured by ths lite of thif
monpapv
6. 7}~t (s) in the event of any br~ach of this Mortgsge w defa~lt on the part of ~he MORTGAGOR, a(b) in the event any of sa~d wms of rtamy
herein refe~red to be not promptly and futly paid within thirty (30) days next afte? the same severalty becomr due and payable, wi~hout dem+~d o? noY~ce.
or W tn the event each and every 1he stiputatiau, sgreements, co~ditions and cove~an» of sa~d promiuory ~ote and th~s mortgage any w eithet an nol
iuly, promptly and fully perfwmed, d~uharged, executed, effected, campleted, complied with and abided ~iy, then in either or any such event 1M s+id ~g
gregate wm menY~oned in taid promiuwy rwte then remaining unpaid, with interest accrued, and all moneys secvred hereby, sMll become dw and pay~
ab?e fathwith, or theresfter, at the option of said MORTGAGfE, as iully snd comple~ety as if all of ~he said sums of moner were wigirully stipulated
to be paid on sucl+ day, anything in said promissory note or in thi~ Mortgsge to the contrary notwithstanding; and thereupoe~ w thereafta at ths option of
said MORTGAGEE, without ratice w demand, tuit at law or in equity, therefwe w thereafter begun, may be prosecuted as if all marcys setured hsteby
had matured ptior fo its institution.
7. That in the event that at the beginnirg of w st any time pending any suit upon thia Mortgege, or to fweclose it, o? to reform it, o? ro a?fo.u
payme~t of any claims hereunder, said 1NORTGAGEE shall spply to the Gourt having jurisdiction the~eo! fw the appointmer?t of e Receiver, such Court sh+ll
forthwith appoim a?eceiver of said mwtgaged property all and si~gular, includ~ng all and sing~lar the income, profits, iu~es and revenues f~om whate~er
wurce derived, each and every of which, it being ex{xessly understood, is hereby matgaged as ~f, spetifiully ~et fwth and desuibed In the granting and
habe*xlum clavses hereof, and such Receiver shall have ~II ehe b?osd and ~44fettive fvnct~oe?z and powers in ~nywise entrvsted by a Court to a Receiver, and
such appointment shall be made by such Court as an admitted equity and a matte~ of absolute right to wid MORTGAGEE, and without referente ro the
adequacy w inadeqwcy of the valve of tAe property mortgaged or to the sohency or insolvency of said MORT6AGOR w the defer?danri, and that such
rents, profin, income, iuues and revenues shall be applied by such Receiver according to the I'ien or equiry of said N10RTGAGEE and the practite of sucA
Covrt.
8. To duly, promptly and fully perform, discharge, execute, effect, compkte, comply,with ~nd abide by each and every the stipulations, agreements,
conditions and covenants in said promissory rate and this mwtgsge set forth.
9. That in the event the ownership of the mortgaged premises, w sny psrt thereof, becornes vested in • person othe? thsn the MORTGAGOR, tFw
MORTGAGEE, in succeswn snd auigns, may, without notice to the MORTGAt7R, deal with such sutcessor or sutcessw in interest with referente to thi~
mortgage and the debt hereby secvred in the same manner as with Nbrtgagor without in any way vitiatiny or discharging the Mortgagors' liability hera
under w upon the debt hereby secured. No sale of the premises Mereby mortgsged and no iorbearance on 11?e part of the MORTGAGEE or its successon
or assgRS and no eztension of the time for the paymem of the debt hereby secured give~ by the MORTGAGE: or its succeswn or assigro, shall operate
ro release, dixl~arge, modify change or affect the original liab~lity of the MORTGAGOR herein, either in whole a ie part.
10. It is spedfically agreed that time is of the easence of this contract and that ~o wsiver of any obligation hereunder or of ths obliyation se-
cured hereby ~hall at any time thereafter be held to be s waiver of the terms hereof o~ of the instrumem secured herby.
. In addition to the forego:ng monthly paymeMs ot print pal and interest required by the promissory note secured hereby, mottgagor tovenan
and agrees to mortgagee wi~h each monthly payrneM an add~ranal sum estimated by mortgagee to be equal to 1/12 of the annual cost e-4of~
ing: .
A-All real property taxes kvied w a; the above deuribed real es
B-Premiums on fire and windstorm inwrance as herein reque ied oa the timprovement~ situate on the above destribed premises.
C-Premiums on such mortgage guaranty insurar rtgagee shall from time to it to carry on 1Fx ban secured hereby.
~ Mortgagee shatl from time t y mortgagor in writing of the amount due and payable hereu r m shall therevpon be due and
payable on the du e next monthly payment and each successive month thereafter until mortgagee shall notify mortg change in s~ch
amount sums sF.all be applied by mortgagee toward the payment of real property taxes, insurance prem:ums, and mortgage guaranty ~ urance
~ iums.
I IN WITNE55 WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day aod year first aforesaid.
~ Signed. Sesled and ' the pr~e of:
~ n
. •
. ~
~ n--n
STATE OF FtORIOA ~ . ~ .
$T • w~~ u- .
couNn oF
eefore me~~on+ IIz spp~ ared Willis A. Dozainey
$y/1Vli UOl~ lfey/ his wife, to me well krawn and known to me to b~
the individwls described in and who exewted the for ny instrurt~ent, and acknawledged before me that they executed the same fw tM purpenes
Sylv~a G. Qarmin~y
therein expres~ed. And tM sai~
wife of the ssid ~Llis A. Dorainey upon • sep~rate and privst~
examinatron by me taken separate and apart from her said husbsnd, sdcnowledged to and before me that she executed said instrume~t freely and votw~-
tarily and witFw~t amr compubion, torottaint, appreF~ensio f or fear of or from her said husband.
WITNESS my i+~nd and official se~l thi day of ~Ce = A. C. 19 68
_ NotBty Pubtic in ~nd ior the State of fbrida at l~rps
.
, My Comm~ssion expires:
~ '~Re~ura Tati ~ :cr ~Otm ~t.~ stit! Of ~Ofidi it
Fint fsderif s~~i~i a~ ~~o3n x~cfir~ori ~ F~LEO AND RECORDED'
ST. LUCIE COUNTY. FLA. ~tl ~~t• 23• 1969
- ~~r~~•~~~~' RFCOR~J I._ M.e~e ~r Aw~w i'e~ a Gs+ab Ce.
- - Fort ~~~erce, Ftoride ~ _ . ~ ~ R! f ! E 0 - -
• - ~ 1"72'781 ~
' • L'::~tit' '~f~~
.
_ , ~
.
~ ` ~ '68 OEC 9 PN 2 : 35
This•ici;irwrien~;Rr'ePared By ~ ~
First Federal Savir?gs 8 Loan Association ~;~Y~i~ l/!
• of Fort Pierce RO ?~OITRAS
John W~ Collins CLER RCU11' COURT,
Checked By . . ' - .
tr__~ OHIIII~~~ `~4C~~ / ~ ~ a ~ - .
~ ~ ` ~