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3. To"p!aa ~~d tontinuously keep on ths butidinys ~ow or MrsaRa sitwt~ on ~aid land and on sU eq~lpnknt ~nd p~nonally covK~d by this mort~ i
w h a premi~ms the~eon p~id in full, fire Insurance in ~h~ usual sundard policy form, in a tum approved by tM MORiGAGFE. ~nd wi~dsto~m ~
ini~r~ncs In tM uswl tqndard policy fam, in ~ wm ~pptovsd by tM MORTGAGEE, in wch comp~+y or cwnp~nits as tM 1NORTGAGEE may
dincrt u?d aN ft~~ snd wind~form in~wancs policiq on any of ~aid bufWiogs, any iMerpt 1Mroi~ or parf tMreof, in 1ht apyre~at~ sum ~fwesaid or
in ~xcess therwf, iMll cont~in IM uswl ttaodard mortpa9e~ clauie a such o~her claua~ u tM Mortpaqee may roquin, makinp the Iou undK said po1F
cie~, fKll M~I fv~I, paysbl~ fo ssid AtORTGAGEf as iq inferest may appea?, and euh and svery s~ch policy ihall M promptly au:9ned and deliverad to
+ny held by ~aid MORTGAGEE as turther secvrity to wid mortyage debt, and, not kss than tcn (10) days i~ sdvance of the expir~tion of, each pol'~ty, ro d~-
Ilw? to s~id MORTGRGEE a ranewal thereof, to9ether with ~ ~eceipt (w the premium of iuth renewal; and there shall be no fire w winduam infuranc~
platsd on a~y of s~id buildings, any inter~sl tharein or part thereof, unless in the form and wi~h ths lou payable as aforesaidj ~nci in tM ewnt ~ny sum
of mon~y becomes payabl~ ~nder such poUcy or policas said MORTGAGEE shall Mw the option to receive and apply ths same on accoun~ of tM indebted-
nsss Ncur~d hereby w b permil ssid MORTGAGORS to rsceiv~ sr+d us~ It p any part the.eoi iw othcr purposes, without thereb~ waivi~iy or unpair•
inp any equity, lien or~ ripht unda? o? by vi~tw of this mortyaga; ~nd i~ t}~s evsro said MORTGAGORS shali fw any reawi? fail to kaep Ihe said premises so
inwred, q fail 1o deliver promptly any of said policies of iniursnce fo said MORTGAGEE, or fail promFtly ro pay fully any p~emivm therefw p In any
r~sptct fat! to ps?fwm, d~scharpe, execute, effect, complete, comply wi~h and abide by thts covenanl, p sny part hereof, said MORTGAGEE may pl~ce ~nd
p~Y fot suth insu~ants w any part thereof without waivinp w aNedinp any optiw+, Ik~, eq~ity, a r'~ght u~der w by virtw of thii Mortpaq~, and tht
full amount ot ~ach ~nd ~vtry such payment shall bs imrtrodiately due and p~yabls ~nd shall bear interest from ths date theteo( u~til paid ~t the raq of
nine per ce~tum psr ennum and to~ether with wch interest ~hall be sacured by ths 1'ro~ of this mortgage.
4. To psrmit, tommit or s~ffer no wasN, knpairmeM ot dcteraratwn of said property o~ any pan thereof. ~
5. To pay ~II ~nd sirgvlar the coats, tharges and axpN?ses, i~cludin~ s reasonable attor~ey's fee and costt of abstrscts of title, incuned o~ paid at
any time by wid MORTGAGEE, because a in the event of ths failwe on the part of the said MORTGAGOR lo duly, promptly ~nd fully perfotm, d~stha?g~ •
execute, effect, complste, comply with and ab~de by each and every the stipulations, agreemenn, cond'+tio~s, and covenanb of said pomissuy note and this
mortyape any or either. ~nd said cosn, char9q and expenses, each and every, shsN be immediately dw and psyable; whelher a not tAsre be notice da
mand, attempt to colkct or tuit pending; and the futl amount of each and every iuch paymem shall bear interest from the date thereof until psid at the
rate of nine per centum per annum; and all said toats, charges snd expense~ intvrred or paid, together with tuth interest, st~all bt setured by the lisn of this
morfpage.
6. T}ut (s) In the event of any breach of this Mortgs~e or defavlr on the part of the MORTGAGOR, a(b) in the event any of said wma of money
herein referred lo be not promptly and fully paid within th~rty (30) days next after the sem uverally become due and payabk, without demand or notice,
or (cj in tM evenr each and every the stipulatiora, agreemenr~, condit;ons snd covensnts a,f sald promiuwy note and thts mwtgaye ~ny or either are no1
~uly, promptly a~+d fully pHformed, diuMrged, executed, effected, completed, complied with and abided by, then in either or any such evem ths said ay~
gregale wm mentioned in said promisswy note then remaining unpaid, with interest acuued, and all moneys setu~ed hereby, ~hall become dw and pay-
able fwthwith„ or thereaher, at the option of said MORTGAGEE, as fully end compktely as if atl of the said sums of money were ai~i~ally s~~pulated
to be paid on s~th day, anylhing in said promiuory note a in this Mortgage to the contrary notwilhstanding; and thereupon p thereafter at the option of
ssid MORTGA6EE, wirhovt notice w demand, wit at !aw or in equity, therefore or thcreafte~ begun, may be prosecuted u if all moneys secured hereby
had matured prior to ib inslitut~on.
7. That in the event that at the beginryng of or ~t any time pending any wit upon thit Mortgage, or to foreclose it, a to reform it, or to enfwu
payment of any clsims hc~eunde~, seid MORiGAGEE :hall apply to the Cov?t 1?avi~g jurisdlction Ihereot fw the appointmeM of a Receiver, such Carrt ahall
forthwith sppoim a ~eceive~ of said mortgaged property all and sing~lar, includ~~g all arxi singular fhe income, proiits, iuues and revenues from whateve~
tourte derived, each and evcry of wfiich, it bei~g expressfy understood, is hereby moatgaged as if specificalty set forth and detcribed Fn the grantinQ and
habendum clauses hereof, and svch Receiver shall have all Ihe broad and effective funtl~ons and powers in anywise entrusted by a Court to a Receiver, and
iuch appoi~tment shall be made by such Court as an admitted equity and a matter of absolute right to said MORTGAGEE, and without referenca to the
edequacy or inadequacy of the value of the properry mortgaged or fu ~be soh,ency or insolvency oF said N1pRTGAGOR a the defe~dants, and that such
rems, profin, incane, ~ss~es and revenues shall be applied by such Receiver according to the lien or eq~ity of =aid MORTGAGEE and the practice of such
Courf.
8. To duly, promptfy and fully pe?form, discharge, e~cecute, efiect, complete, comply with and abide by each and ~very the stipubfio??s„ ag?eements,
co~ditions and covenants in sa~d promiuory note and this mortgsge set fonh.
9. That in the eve~t the ownersh7p of the mortgaged premises, w any pan thereof, becoma vested in a pNwn other tha~ the MORTGAGOR, th~ ~
MORTGAGEE, its successon and au~gns, may, witiwui ratice fo ihe MORiGAOR, deal with such successor or successor in intere~t with refe~e~ce fo fhis '
mortgage and the debt hereby secured in the ssme manner as with Mortgagw without in any way vitiating or discharging the AAwtgagon' li~bility here- ;
~nder or upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearance on the paA of the MORTGAGEE w its wccesson
or auigra and no ex~ertsion of the time fw the paymem of !Me debt berehy secured given by tlx MORTGAGE' oc its successon or assigns, shal) operate
fo relcase, discharge, aadify thange or affctf fhe original liability of the MORTGAGOR herein, lither in whole q in parf.
10. It is apecifically agreed that time ia of the esunce of this contract and that no waiver of any obligaYwn hereunder ot of the obligatan s~
cvred hereby shatl at aoy time thereafter be held to be a wairer of the teams hereof w of the insfrument secured F~erby.
11. In addition to ?be forego:ng monthly payments of princ'pal and interest required by the promissory note secured hereby, mortgagor covenanfs
' and agrees to pay to mortgagee with each monthly payment an addirional sum estimated by mortgagee to be equal to 1/12 oi the annual cost of the follow-
ing:
A-Alt real property taxes kv+ed or assessed against the above described real estate.
B-Premiums o~ fire and windstorm insurance as herein requ~red to be carried on the imp~ovements situate on the above desvibed p?emises.
C-Premiums on such mortgage guaranty insurance as mortgagee shall from time to time deem fit to carry on the ban secured hereby.
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MQrtgagee shal~ from time to time notify mo?tgagor in writ~ng of the amouM due and payable hereunder a~?d suth wm shalt tl~ereupon be due snd
payable on the due date of the next monthly payme~t and each successive month thereafter urtil matgagee shall ~otify mortgagor of a change in such
amou~t. Svch sums shall be applied by mwtgagee toward the payment of real property taxes, insurance prem:ums, and mortgage guaranty inwr~nce
premiums.
N WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year first aforesaid.
igned. Se~led and d ivere ' the prescrxe of:
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STATE OF FLORIDA ~ ,
St. Lucie ~
counmr of
Befwe me personelly appeared ~111111@ H. LOriQ
Bdgie Lee Lona his wifc, to me well known and known tc ros to M
tha individwb described in snd who executed tF~e fore9oinp irotrume~f, and acicnowtedged before me that they executed the same for ths purpwei
rr~.~s~ .xa~„„~,d:t~ s~~ Edgie Lee Long
wife of the.~d L1~ ,~~w}~~~. H. Long ~ ~pon s sep~rate snd privat~
examinaY~On,~r ms•tske~,sE6a~{~,and apsrt from her said husbend, adcnowkdged to and befwe me that she executed said instrument frcely and volun-
tarily .aw~ ~wi~hovt 'iAy comp~~ xprastak+t. ~pprehension, fear of or from her tr9d twsband.
WITNESS~ +n~ hrnJ •and uKkia~se~1 fhia 7~_ d,y ~ ecember a a. ~9 68
, ' ~ ; ~ - _ . . r . • Notsry Public in a~d for the Statt of Flo?ida at Latp~ ~
~ ~ _ FF~.,£{J /L R ission expir {
. ' ~ • + Return TOs ~ . , ~ • ~ N Q My ~m ~ ~9!
ECORO~D ~pry PubGc, Sute of Fbrida at ,
F~ar Fhder~l.:Ssvu~i' ~ coiq: ~Auoc~at-an ST, LU C! E C O U N T Y. F~A. M(~~~ ~pi~es Sept. 23. 1969 ;
Of ~
Fort .Pjertl. t( G'~ (1 ?'3 j~ C~; r iM~M ~r A~iw F~ ~ Cwr? Co- ~
Fo?t Pierce. Flo~ida ~~y~~~h
b
'68 0~~ 9 PM 2: 36
This Instrument Prepared By ~ i
First Federal Savings b loan Association ~''lCL~N~
of Fort Pierce OIfiRAS '
CLERK CI CUtT COURT
Checked By J • Collins
BOOK~.74 PA~2295 . .
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