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To plac~ ~nd ca+tin~ovsly kNp on tM M+~Idlt1~{ fl0W O~ MfNffN MA1~1~ Ofl ~i~ Iafld afld Ofl iIl equipnKnt ~od p~non~lly covKed bY N?U mw~Q~
a~, with dl pr~miwns thereon paid in full, fin iawru+c~ in th~ uwsl sundard policy fom+, in a s~m app~owd by t1+~ MORTGAGEE. and windstorm
tn~wanu in t!N u~wl iunda.d pol~cy fo~m. in a wm ~pproved by ~Fw MORTGAGEE, in wch canp+ny a comWnies ~s tM MORTGAGEE ~n+y
dinctt and all Qr~ and windstorm insurane~ polici~a on ~y of said build~nps„ ~+y int~r~~t tFw?ein w put thereof, in IM apyre9~t~ wm ~faes+id or
In ~zcess therwf, sh~I) cont~in tlw wwl standard mort9~se clau~e or such otFw~ claus~ ~s tM Mwt~~ys~ may rpuw~. m+kirg tM Iou urdt~ s~~d pdb
cip. ~ad~ ~nd evNy. paYabN to said MORTGAGEE u iri interest m~y ~ppw. and each and ~v~ryl such policy sMl) b~ promptly au:9rud and delivaed to
any held by said MORTGAGEE as iwthK security to said mort9ay~ d~bt, u+d, nw kss than ten (10) da~rs io advance of tM exp'aation of a~ch pol'~cy, ro dr
IivN ro~aid MORTGAGEE a renewal tF~wf, Iope~hK with • receip~ for tF+~ p~arawn of svch renewals ~nd ~hen shsll be no f~re or windstam insvr~~+ce
pl~pd on ~ny of said buildinps. ~ny iNe~tst the~tin w part therwf, unleu In tM form anrl with tM loss payable u ~(oresaidt +~d ~ IM ~w^i any wen
of mo~y becomes paYabN u^da wcl+ PolicY a Pd'u°s ~+'d MORTGAGEE shall 1?~w ~he option ~o roceive and appty ths ~ on account of tM indebted-
~eu stcu~~d hereby a ro petmit iaid MORTGAGORS ro reoeiw snd vs~ it or ~ny psrl thereof for other purposes, wi~hout thareb~ waivi~~g or impair.
;np ~ny p~?;ty, lien a ri9ht v~der or by virtw of this mortyspet ~+d in th~ ~vent said MORTGAGORS sF?all fw ~ny reason faif to keep the sa~d premises so
insured, o~ fai) b d~liver promptly ~ny of s~k! polities of insu?~no~ to said MORTGAGEE, a fail promptly to pay fully any premivm the~efor u in any
r•sp.a f•il ro p.rfwrR dixharye, .xacur., •ff.cb compl.r•, compy whh ~nd ~bids by th~s cowr?+nt, a+ey par~ hereof, sa~d MORTGAGEE may p~ate ~~+d
paY fa such tnwrar~ w u?y part th~reof without w~ivinp o~ ~ffectina any option, lien. equt~y. o~ rght under or by virtue of Ihls Morty~qe, and the
full art~ouro of each and ~wry s~cl~ paymsnt sh~ll bs imm~diat~ly dw and payab's and sMll bea~ interest from ths date thercof vntil paid at tM ~a» ol
nin~ pK ta?tum pK a+uwm and to~ether with such interest shall be sacured by 1M tien of this mortpsye.
1. To permit, oanmit or wffa no waaN, impairment or det~rioratan of ssid p?operty « any paA thereof.
S. To pay all ~nd sinyular the cosri, ch~r~es and ~xp~nsea, includinp a nasonable attorney i fes and costs of abstracts of title, incurred a paid ~t
any time by said MORTGAGfE, b~cause a le th~ ewr?t of tl+~ f~ilun on the pa?t of ti» ssid MORTGAGOR ro duly, promptly snd fvlly perform, dischargR -
execut~. ~(f~ct. compl~te, oomply with ~nd ~bide by ~ad~ ~~nd every the stipulat~ons, ag~eements, coniiitions, and covena~ts of said p.omi:sory note and this
mort~aye +ey or either. and said costs, cMrges and expenses, cach and every, sMll be immedutely dve and payable: whether or not there be notice d~
mar+d, sttempt to collect or suit pend~ngj and tM f~ll ~eno~M of each aod every such payment shall bea. intercst fran the d~t~ thereof ~~til paid ~t N+t
rate of ~ine pe~ centum pa an~wm; and all said costs, chu~es +nd e:penses inaurod w paid, together w~~h such imerest, shall be sscured by th~ lieo of tha
mort~+~e•
b. Th~t in the event of any breach of this Mwt9sg~ o~ defavlt on the paN of the MORiGAGOR, o? (b) i~ tt?e event sny of said sums of nwney
herein referred to be not promplly and fully paid within thirty (3~) dsys next afta the same severally becocne due and paYabk, withovt demand o~ notice.
or (c~ in the event each and every the stipu~ations, sgraements, conditans and covenants of sa~d promissory note and th;s mat9a9e any q either ar~ not '
iuly, promptly a~d fully performed, dlscharged, executed, ~ffected, campleted. complied with and abided by, then in e~ther w ~ny such event tM said ag j
yreg~te wm mentiaxd in said promiuo+y note then remaining unpaid, with interest ~cuued, and atl mw+eys secured hereby, shill become due and p~y- ~
able forthwith, or thereafta, st the option of said MORTGAGEE, u ivlly ~nd completely as if all of the said wms of mo~ey were wigirully i~ipulated
to be paid o~ such day. anything in said promissory note a in thts Mortgage to the contrary notwithstanding: and thereupon w thereafter at the option of
said MORTGAGEE, wtthoul notice or demand, wit at law w in equity, tlxrefore o+ thereafier begun, may be prosecuted as if ail naneys secured hereby
had m~tured pnor to iq irKtitution.
7. Tha1 in the event that at the beginning of or ~t any time per~ding sey wit vpon this Mo.tgage, or to foreclose it, w to reform it, w to enfau ~
payment of any claims I+e~eunder, wid MORTGAGEE shall apply to tke Court having jurisdiction thereof fw the appointment of a Receiver, svch Cour1 shall
Forthwith sppoint a recei.e? of said mortgaged propcrty all and s'u+gular, indud~n9 all ar?d singula~ the income, profits, iuues snd revenues (rom whatever
source derived, each and every of which, if beinp expressly understood. is F+aeby mor~gaqed as if spec~tically set fath and desuibed in tF~e 9raming and
habe+~dum clauses hereof, and s~ch Recave? shall h~ve ~II the broad and effective fv~ct~oes and powen in anywise entrusted by s Cou~t to a Reteiver, and
s~ch ~ppointme~t shall be made by uxh Court as an admitted equity and a ma»a of absolute r'~ght to said MORTGAGEE, ~nd without refcrence to the
adeqvacy w inadeqvacy of the vslue of the property mwtgsged or to the soWency a insolvency of said MORTGAGOR a the defendann, snd ~hat such
renrs, profits, income, iuues and ~evenues ahall be ~pplied by s~ch Receiver sccording to the lien w equity of said MORTGAGEE and the prsctiu of wch
Court.
8. To duty, p?omptly and fully perfom~, d'ncharge, execute, effect, compkte, comply w~?h and abide by each and every the stipulations, ayreemenq,
conditans and covenants in said prom'~sswy rate and this mwtgsge set fath. j
9. Th~t i~ the event the owncrship of the mortgsged premises, or any part thereof, becomes vested in a person other thsn the MORTGAGOR, tl+~
MORTGAGEE, its wctessas and auigns, msy, without ~otite to the MORTGAOR, deal with such succeuot a successor in interest with rtferente ro this S
mortga9e ~nd the debt hereby secured in the sams msnner as with Mo~tgsgo~ without in any way vitiating a dischargirg the Mortgagors' liabiliry i+era +
under or upon the debt hereby secvred. No ssk of the premises hereby mat~aged and no fwbearance on the part of the MORTGAGEE a its successors ~
or auigns and no extension of the time fw the paymeM of the debt hereby secured g~~en by the MORTGAGE~ or its successors a assigns, sfiall opuate
ro release, dixhsrge, modify ch+nge or affect the wiginal Iiability of the MORiGAGOR herein, either in whole w in part.
10. It a specifically agreed tMl time is of the ~ssence of this contract and that no waiver oi ~ny obligaYan he~eunder or of the obliyation se-
cured hereby shali at sny time thtreafter be held fo be a waiver of the ferms hcreof or of the instrument sec~red herby.
' 11. ' o the fwego:ng monthly paymenls of princ'pal and interest required by the prom~ssory nore secured hereby, mortgagor erA!
and agrees to pay to mortgag thl yment sn add~tio~sl sum estimated by mortgagee to be equal to 1/12 of the a o the follow-
ing:
A-All real property taxes lev~ed or assessed against the above described rea
B-Premiums on fire and wir?dstwm insuruue as 1xre~~ requ'aed on the improv ituate on the above desvibed premises.
C-Premiums on such ~tgage gw?anty insur tgsgee shsll from time to time deem fit to carry an secured hereby.
' Mwtgagee shall from time to ' ~ y mortgsgw in writing of ti+e amaiM due and psyable hereu~Jer and such wm s ~ n be d~e and
~ payaWe on the due d e next monthly paymeM and each succeuive month thereafter ~r.til mortgagee shat) notify mortgagor of a m such
j amount, ms shall be applied by mortgagee toward the payment of real property taxes, insurance prem:ums, and mortgage guannty inw e
~ IN WITNESS WHEREOF, the said MORTGAGOR h+s hereuMO set F?is hand and seal the day and year fint afor~sa'
~ ~flld. !1d ''!d 111 1~1! ~!il11CO of: 1 r
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STATE OF FlORIOA ~
St. Lucie
couNn oF
d~for~ me penonally appeared T• BZqltlalt u~d
~=ilYY1 A• B=@llndl'1 his wife, to me well known and known to me to b~
the individwb desuibed in and who sxecuted ths fore9oinp ieutrum~nt, and adcnowlsdyed before me that they executed the same for the pvrposes
therein expressed. Md tM said Mar iim A• Br@I1I181'1
wif~ of tM said ~~1 T• BY@1111d21 ~pp~ ~ sep~rate and priv~M
exeniN+st+on by me taken separste ~nd apan fr«n her a~d husba~+d, aduww{edged fo ~nd befo.e me that she eaecuted said instrument freely and votvo-
earily and witlw~rt a~y cornpulsion. co~traint, sppreMr~sion,_
~w fear of or from Iw~ s~id husbsnd.
~ WITNE55 my Mnd ~~d oHicial ~eal tl~is ji~ day of J~uaz A. D. 19~Q ~
~ FILEO AND RECORDED'? ' ~
~ . Nofary Publ' ~nd fw tht Stat~ of fbrid~ at l~rp~
ST. LUCIE COUNTY. fLA.~
~ RECORD VEt~jF1ED Mr "`v'•~" 6 7/
Return To: ~
F~rse Fede.al S.~s 3 toan ~uoc~•rpo 1'739~0 :;~~~tir,, ~tate o1 Flonda ~t Larqe
Of Fort P;erce. ~a ~ ~ ' '
PK«e. F~a~.'69 JAN 20 AM 1 I: 2i ~ir co.~~,~ 6. ~n
_t IqMr M M~i~ Ei~ ~ rrrlbt L~
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G~~ ' ~
GER r OITRAS ~ `
This Instrument pre qAisocC~~CUIT COU~~'; O . i
First Federal Savings b loan ~a ion ~ ~~v ~ ~
of Fort Pierce ' " •
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Checked By John W. O~llins ~
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