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Z. To plac~ and continuously k~ep on tM buitdin~s now w hK~aRtr utwt~ on uid land and on all eq~ipn~nt and penon~lly cov~red by this mort~
sp~, with all pnmi~ms lhereon p~id in full, fire lniuranu in tM utual ttandard po~icy form, i~? a tum approv~d by tM MORTGAGEE. aod wind~tam ~
in~want~ M ths usw) st~ndard policy form, ln a sum ~pprov~d by tM MORTGAGEE, (n ~uch company v~ comp~nies as tFw MORTGAGEE may ;
dinctt and all fir~ and windsto?m tnswsnc+~ policlss on any of said buildi~s, ~ny t~ttn~t therein or part fMreof, in ths a~rep~~~ sum afw~sa{d a °
in ~xceu thereof. shall tomain tM vsusl .~andard matysge~ clavw a such othN cliuss as tIN Matpa~ae may ~equir~, makir+p th~ loss under wid po1F
ciss. ~sch and eve~y, payabk ro iaid MORTGAGEE as its inte~est may appaar, and cach and every svch pol;cy ahall be promptly au:yned and d~livered to
+ny MW by said MORTGAGEE ~a fur~he~ setvrity to said mort~sge dtb/, aod, not ku than ten (101 days in advance of tM expiration of e+c6 policy. ro dr
liwr fo Nid INpRTGAGEE ~ rtnewal the~eof. topether with a rnceipt for the pr~mivm of such rentwal; ~od thera shalt be no fire or windstam Msw~ncs
pl~ced on a~y of said bvildi?~pa, ~ny inte~est thsrein or part thereof, unleu tn IM fam and with the loss payabl~ ~s ~fw~saWt and in tM ~vsnt any ~wn
of monty becpnes payable a+de? wth policy or policiss taid MORTGAGEE shsll haw IAe optio~ to receive and apply the same on accouo~ of tM tnd~bted-
neu setu~ed heraby p p permit said N{ORTGAGORS to reteivs and vN it p~ny part fhersoi for Othe? purposes, without the~eb~ waivi~g or unpait-
inp ~ny equity, lien w riyht vnder a by virtw of this mortyayei and in the went said MORTGAGORS shsll fa any ~easoo fail to keep the said pr~misaa so
i~sured, a f~il b detivt~ pranptly ~ny of saW polities of insuranu 1o said MORTGAGfE, w fsil promptty to pay fully any premium therelo~ p In any
ieapect fall 1o p~rfonry dixhug~, txetutt effecl, tomplete, tomply with and sbids by this covena~t, w aoy parl he?eof, said MORTGAGEE may plap and
paY fw such inwranc~ or u?y part th~reof without w~ivinq w~ffsctinp any option. lien, eq~ity, w right unde~ a by virtw of this Ma~ga~s, and tM
full art~ouot of each and ewry svch paymeet shaU bs i~rwnediately dw and pryabls and s1+sU bear tnterest from tM date thrreof vntll psid at tM rat~ of
nine psr ta~tum psr ~nnum and together with suth interest shall be secured by fhs lien of IAis rtwrtpsge.
1. To pKmit, oommit w suffa no waste, knpai~ment w deterior~tan of taid properry or my part thereof. -
S. To pay all and singul~r the cwn, chuQes and expenses, includirg • reasonable anwney's fes and costs of abstrads of titl~, inc~rred or p~id at
any time by aaid MORTGAGEf, becaute a in the event oi tAe fa;lure o~ the part of ~hs :aid MORTGAGQR to duly, promptly snd fully per(orm, d~schar~~,
execut~, offett, complete, comply with and abide by eath snd every the stipulations, ~greements, conditions, ~nd tovenants of saitl promisswy note and Ihii
mortgape ~ny or ei~her, and said costa, dwga ~nd expenses, each and every, shal! be immediately dus and payable; wircthe? a not thers be no~ic~ da i
m~nd, attempt to colkct or svit pendingJ u+d tM full amouM of each sod every svch paymeM shall bear interett from ths date thereof unNl paid N tht
rate of nine pcr centum per annum; and all s~id costs, chuges and ~xpenses incvrred w p~id, togother with such interest, shaU be secured by iM 1roe of N,y
mort~•
b. 1h~t (a) in tl?e aveM of sny breach of this Mortgsy~ w defsult on tM part of the MORTGAGOR, a(b) in th~ event ~ny of said sums of moe»y i
herein nferred to be not promptly a~d fully paid within thirty (30) days next after the same severally become due and payable, withoul der~and p nptit~, ~
or (cj in the evcnt each and every rhe stipulations, sgreements, tonditions a»d covs~ants of said promiuory note and this morty~ye a~y a either ~re nol
iuly. p~omptty aod futly performed. d~xharged, ezecvted. effected. tompleted, complied with and abided by, then in either or any svch svatt the s~id ag f
gregate wm meMioned in s~id promissory note fhtn remaining ~npaid, with interest accrued, and all moneys setured hereby, sha!! becwr~e du~ and p~y.
able fwthwitF~, Of fI1lfNffN~ at the option of said MORTGAGEE, as fully and completely as if all of the wid sums of money were origi~slly stipulated
to be paid on s~ch day, anythirg in sa~d promiuory note w in this Mortgage to the contrary notw~thstanding: and thereupon or thereafter fi?~ op~ion of
sa~d MORTGAGEE, withovt notice or demand, wit at law a in aquity, fIflfQIOfQ W 1FIMNf1N begun, msy be prosecuted as if all yrwnays secu~ed hereby
had matwed pnw to its ins~it~tioo.
7. ihat in the evrM th~t at the beginning of or at any time pending any suit upon this Mwtgige, a to foreclose it, or to rcfwm it, a to enfwp
paymcnl p( aey claims hereunder, said MORiGAGEf shall apply to the Covrt having jurisdiction thereoi for 1he appointment'of a Reteiver, such CouM shall
forthwith appoiM a receiver of wid mortgagec! proQerty all and singular, intludmg all and singvlar the income, profitt, isiuei s~d revenues irom whatever
wurce derived, eath and every of whith, it beirg expressly understood, is hereby mortgsged as ii specitically set furh and detcribed i~ the g~anting and
habendum clauses hereof, aod such Receiver shall have all the broad and effettiv4, functionl and powers in anywise entruited by a Court to a Reteiver, and
such appoinlment shalt be made by wch Court as an admitted equity and a matter of absolufe right fo uid MORTGAGEE, and without ~efereoce to the
adequacy a inadeqvacy af the valve of the prope»y mo~tgaged a to Ihe solvency w insolvency oi 'said MORTGAGOR a fhe defendants, and that such
rema, profits, incarK, iuues a~d revenues shall be applied by such Receiv~r according to tha lien w equity of wid MORTGAGEE and the practice of such ~
Court. ~
8. To d~ty, promptiy and fully perform, discharge, execute, effect, complete, cdmply with and abide by eath and every ths slipulatiora, ~greemeots,
conditions u~d covenants in said promissory ~ote and this mwtgage set torth. -
9. That in the evem the ownership of the mortgaged prem;ses, or any pa?t thereof, becomes vested in • psnon other thsn the MORTGAGpR, tM ~
MORTGAGEE, iri successas s~d au~gns, may, witfaut notice to the NWRTGAOR, deal with such successor or successor in interest with refere~ce to thia E
mortgage and the debt hereby secured in the same manner as with Mo~tgagor without in any way vitiating or dixharging the Mortgagors' liability hera- '
under w upon the debt hereby secured. No ssle of the premises Fiereby mortgaged and no forbearance on the part of the MpRTGAGEE or its sutcesson
or assgns and no extension of the time for tl~e psyment of the debt hereby smxed giver~ by the MORTGAGEf or its suctessors or assigns, shall eperafe ~
to rclease, discharpe, awdify thange or affett the original liab;l;ty of the MORTGAGOR htrein, either in whole w in part. i
10. It is specifically agreed that time ia of tha essence of th;~ contract ~nd thal no waivet of any obligation hereunder or of the oblipaYan se-
cured hereby shelt at any time thereafter be held to be a waiver of the terms hereof a of the insnwnem secured Fxrby.
1, . additior~ to the fwego:ng rnonthly payments of print'pal and interest required by the p~omissory note secured hereby, mortgagor to_v~e~a ts
and agree} fo pa ortgagee with each monthly payment an add~r'wnal sum estimated by mortgagee to be equal to 1/12 oi the ann a1-ot'l~ie~~pw~
ing:
A-AU rcal property taxes levied a asses ' t the above deuribed real estate.
B-Premiums on fire and windstorm insurance as herei~ requ~r rried provements situate on the above desuibed premiies.
C-Premiums on such mortgage guaranty insuror~ce as rtwrtga rom t~me em fit to carry o~ the losn secured hereby.
Mortgagee shalt from time to time nolify rtrort writing of the amount due and payabk hereun sum shafl theteupon be due and
payable on the due date of the next yment and each successive month thereafter ur.til mortgagee shall notify mortga change in wch
amount. $uch ~ by mortgagee toward the payment of real property taxes, insurance p?em:ums, and mwtgage guaran 'nsurance
iwns. +
IN WITNESS WHEREOF, the said MORTGAGOR has hereunto xt his Fwnd and seal the day and year first f id, t
Sige~ed. Seated and delivered in the presente of: ~
A
_ n t
• n--n
STA7E OF FLORIDA ~
courmr oF - St. Lucie s'S'
eefwe me penonally ~ppeared - S'1111I1 c'~lII H. H ate he r. J r.
Mae Helen Hatcher t,;, w~r~, to me well known and known to me to b~ ~
the indrvdwls desuibed in and who executed the forepoiny ir+strument, and sdcnowtedged before me tMt tAey executed the same for ths purposes ~
therein .~,.e.kd. n„d t~ Aiae Helen Hatcher ~
W~r~ ot r~, s~;a _ tJilliam H. Hatcher, Jr. vpon a sqpsrate snd privat~ ,
ezaminatwrt by me taken separote and spart from her said husband, ~tk~owledged to and before me that she executed saist iry?Murtpnt, fnely and ~rp~un.
tarily and without any compubion, constraint apprehen~s7ion, yt fesr of a from her ssid husband. i.Li:
WITNE55 m hand and official seat th~. / ty ~ • 8
y day of- December ~ ~ - ~,~„~j ,p~,~4~_
`..~7~,( ~,~Cs ~
f1. ~
.y
' Notary Publk in end fw !!K iSt~f bf yQ~ids i~~ r-
My Commiuion expireu ,
aer~r~ Ta F1LED t~NO RECO~I~ED ' " ~ -
Fint Feder~l Savings 3 loan /luociation $T LYJCtE COUNTY, F(.A. ~y f~ :
Ot Fort Piace. C f~ f) ~ t` e ~ . ' • . '
~~,~~'83 ~ ~ c .
Fort Pierce, Flaida ' - ~ ' .
'68 C~~~ 9 PM 2: 35 1
This Instrument Prepared By ` /
First Fede~al Savings & loan Association ~,ys%3~ 1G~ .
~ of For~ Pierce wp,~ n~~~~QS
Checked By R. Kayes CL~RK ClRClJlT COURT
BOOK ~ 74 PACE~~~ ~ ~ ~
~ ~
- cf ,