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S. To ptaa u?d contiewovtly kNp on tM buildinps now or Mr~aftN Wtv~t~ on utd lux! and on dt equipm~ot sed ptrsonally covN~d by thts morp~
p~, with ail prtmiuna tMraon p+id In fvii, firo Insuranc~ in ~h~ uswl ttardard policy form, in • s~m approv~d by tM MORTGAGEE, ~nd wi~tam
Iruwinc! M th~ uswi ~tandard poiicy form, in • svm approwd by tM MORTGAGFE, in s;xh comp~?y a compani~s a tM MORTGACsEE may
dintt~ ~nd ~II fin ~nd windstwm inswanc~ policas on any of said build~npr„ any 1nt+re~t tMr~in or pjrt.tMreof, in tM apyreyat~ wm afoasald a
in ucoets thenof, ihsll contain tM uswl itsndud mo~t9ap~s clwst w ~uch cl~uq u the Mort~a~ee may requM~. m~kinp ~he loss u~+d~ ssld pol}
ciy. ~sd~ ~nd ewry. paY+bl~ a safd MORTGAGEE as iq interest rtWy appsar each aod ~v6ry s~ch poliq shall be promptly u~:Qned and deliwred to ?
~ny h~W by s~id MORiGAGfE ~s furtMr security ro wid matpaps debp aed, `kss tl+~n teo p0) daln tn adwnce of the sxpiration of ~ach policy, ro dr
liwr to s+id MORTGAGEE • renew~l thenof, ropether with a nceipt fa the premium of s~ch renewal; ~nd there th~ll b~'no fire o? windstam inswsot~
pl~pd on any of said buiWinys, ~ny inte~est therein or p+rt thereof, uoleu in the form and with tFN loss p+yabl~ ~s aforos~id: and in ~M twnt a~y twn
of moMy b~co~np payaW~ w+da wd~ poilcy or policies said MORTGAGEE shall have tM opt~w? to reoeive and apply the san?e on accwnt of tM indebted~
neu s~cw~d I~eby a to pe~mit uid MORTGAGORS ~o roceive ~nd us~ it or any pan thereof iw onc~r purposes, witlaut thrreb~ waiyi~~Q o~ imp~ir-
inp ~ny p~ify, IiM o? riphl w~der ar by vittus of fhis matQaQsj u~d in tM eveM aaid MORTGAGORS shali ior aey reason f~il fo keep the iaid pramises so
inwnd, a fail b dNivK promptly ~ny of taid policies of insuranu lo said MORTGAGE~, or fail pranptly to pay ~vlly u?y premium thereto~ or in any
r~sp~ct fatl w pMfan~, d'nchuge, exacut~, ~ffect, comptete, compty wir1+ a~d abid~ by thts corenant, a sny parl hereof, said MORTGAGEE m~y pl~p ~~d
pay fa wch baw~ w amr put theraof without waivinp or affMinp any option, li~n, equiry, or rght vnder w by virtw of this Mortps~, and tM
full x~int of ~ad+ ~nd ~wry sixh payment shall be imn+ediately dw ~nd p~yabk and shatl besr interest from ths dat~ thereof vntll pild at th~ rab oi
nine pK cu~tum p~r uuwm and toyether with sixh intaest shaH be secured by ths lien of ihis mortysge.
1. To p~tmit, c+onwnif a wffa no was», LnpairmeM w deteriwatio~ of said property or ~r?y part thereof.
S. To pay all ~nd siegvlar ths cosn, dNrges u~d expenses. i~xludirg a nssonabls atto.ney s fee and oo:ta of ~b,twcts of title, incurred o? paid
sny time by aid MORTGAGfE, b~cwss or in the went of iM fsiluro on tik part of the said MQRTGAGOR ro duly, pomptly and fuliy perform,, d~xhar~
exesvtp ~ffM, aanpkt~, comply with a~?d ab;de by ~ach and every the stipulaians, ~greemeMS, conditions, and covc~ants of said promissory nots ~nd thii
maty~p~ any o~ eithar. and said cwts, chuges and txpenses, csch and evay. sMll be immediately due and payable; whethe~ or not M~ere b~ notite d~
mand, att~mpt fo collec~ w wit pendirgj ~nd the fvll amount of each and evsry wch payment shall bear infHeat from ~he date rhereof until p~id ~t the
rate oi nine per untum per annurn; and ~II said tosts, thu9es and expe~ses incwred a paid, together w~th suth ir~terest, shall b~ secvred by tht lien of 1ha
6. Thst W in tM event of sny breach of this Mortysge or deFavlt on tM part of thc MORTGAGOR, or (b) in t1rc ever+t ~ny of a~d wms of nan~y
herein nfsr?sd ta be not prompty and fuly paid within thirty (30) days neat afte~ li+e same seve~atty betome due and piyable, without demand o~ notice,
or (rJ in tIK ~wnt cach and every tFr stipulatio~s, agreemenn, conditions and covensnts of said promiuwy note and th~~ mortQaye any p ather u~ nol
~uty, prompNy and fvlly performsd, dischs~Qed, execr,ted, effected, compkted, complied with and abided by, then in either or sny svch ~wM-th~ said ap~
gregsq wm mentioned in said promissory oote then remaining unpaid, with intereat acuued. and alt nwoeys secvred i~ereby, shall bemms dw and pay~
abl~ iwthwiN~, a tMre~fter, at the optan of said MORTGAGEE, as fully and twnpktely as if all of the said sums of ma?ey wem wiginally stipulated
?o be paid on wch day, anylhing in said promiuwy note or in this Matgage ~o the contrary ~otwithstsndi~g: and thereupon w thereaher a~ the option of
said MORTGAGEE. withovt notit~ or derrwncl, wit at law or in aquity, therefwe ot thereaiter begurr, may be prosetuted u if all rnoneya setuted hereby
11ad mahKetl pi+W t0 ib i+qtifvtion.
7. Thrt k~ th~ event tMt ~t the begiming of or ~f ~ny time pending sny svit upon tha Mortgage. or to foreclos~ H, or to ?eform it, w fo enforcs
paym:vit of any daims he.ein+der, said MORTGAGEE shal~ apply to the Covrt I+aving jurisdKtion thereot fw the appointmenf of a Receiver, wch Court shal!
fathwith sppa~t • rcceivea of said niorfgaged p~oQerty sll ar?d singulsr, includ~ng all and singulsr the income, p?ofits, iuues aed revenues from whatever
soura derived, each and every of whicA, it beinp expreasly understood, ia hcreby mwtgaged as if specifiwlly set fwth and described in Ihe yra~tiny and
habendixn clsvtes hereof. u~d suth Receive? shall have all the broad and effective tuncrwns and powen in anywise emrusted by a Court to ~ Recciver, and
such appoi~tment shall be made by wch Court as an admitted equiry and a mattcr of absolute right ro said MORTGAGEE, ind wi~hout roference ro the
adequscy a inadequacy of the vslve of the property mwtga9ed w to the wwency a insolvency oi ssid MpRiGAGOR or the defendann, ar+d thal svch
re~~• profin, income, iuves and revenues shsU be applied by such Receiver accwding to the lien or eq~ity of said MORTGAGEE a~d the practice of such
8. To d~ly, prompily and fully perfwm, diuharge, execute, effect, complete, comply with and atiKle by esci~ and ev~ry the stiputations, agrcements,
confiitions ~nd oovenann in said promisswy nore and tF~is morlgage xt fwth.
9 TMt i?? tl+e event the ownership of the mortgaged premises, or any part thereof, becomes vested io a person othe? than the MORTGAGOR, ths
MORTGAGrEE, its wccessors and auigns, rtwy, wifhout nofice to the MORTGAOR, deal with svch uxcessor a_suaessor in interest with reference to this
mort9pe u~d ihe debt h~veby secured in the sart~e manner as with Mwtgagor without in sny wsy vitiatirg a discMrging the AAwt9sgors• liability here~
under a ~pon the tfebt hereby iecu~ed. No sale of the Fr~mixs hereby mortgaged and no forbeara~ce on the paA of the MORTGAGEE a iri succeswn
or ~uigro ~nd no extension of the time for the payment of the debt hereby secured given by the MORTGAGE~ or its successas p assigns, shall operare
to rel~ase, disch~rge, ~fy change a affecr the origin~l liability of the N~ORTGAGOR herein, either in whok w io part.
10. It is specifically agreed thst t~me is of the essence of this contract and thaf no waiver of any obligation hereunder or of ths oblgstion se-
cured har~by shall at any time thereaher be held to be a waiver of the terms he+eof w of the instrwnent secured herby,
n add~tion to tFx faego:ng monthly payments of p~inc'pal and interest required by the promissory note secwed hereby, maf9sgor nts
and agreea to oetgagce with each monthly payment an add~rio~al sum est~mated by mortgagee to be equal to 1/12 of the a of the folbw-
ing:
A-All real property taxes kvied w asse ' t the above described real .
B-Premiums on fire aod windstorm insvrance as herein r on the improvements situate on the above described prertiises,
C-Premivms on suth mwfgage guaran i as mortgagee shall from time to Lme ar on the loan secured hereby.
Mwtgagee shall from ti " notify mortgagor in writi~g of the amount due and payable hereunder snd s . eupon be d~e and
payabk on the d t e next monthly payment and each successive mw~th the~eafter uutil mwtgagee shall notify mortgagor of a 'n such
amounf wms shall be applied by mortgagee toward the payment of real property taxes, inwrance prem:wns, and matgage guaranfy inwrs
~wns. •
IN WITNESS WHEREOF, tiK said MORTGAGOR has hereunto set his hand and sea! the day and u f af ~ said
S+Qn Sealed snd liver ' the preunce of:
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STATE OF FLORIDA ~
St. Lucie '
courm oF - •
Befora me personally ~ppeared John G. Johns tone
aed
Jud ith J..Tohns tone his wife, to me well known snd kiwwn to me to bs
the irrdividwb desorib~d-l~A•,and who execvted the fuegoing instrument, and acknowledged before me that they e:ecuted 1he same for ths P~mPoses
r?,e~e~. ~ ~ Judith J.Johns~one
W;f, o n G. Johnstone ~
. ~ . upon a sepsrste u~d priv~t~
exampA~ ~me
ta~~fte ud apart from her said husband, adcnowledged ro and befwe rne thst she executed said i~utrument ireely and volurr ~
rarilk?`a~! ~rA ~~op, cputraint, appreF~ension, a fear of w from her said hos6and.
_ ry~tri ~~r.i..~?d,~ot~w.i .~.i t~L day o{ Februar p. 19 69
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u a~~~~ ~1~' - ' wary Publ'K in and for the State of Fforid~ at lar~ :
~ My Comrnission expires:
T~c :
s";~+' ~tOCil~f1_EO AND RECORDED ~ ~ ~ ~
' '"~~~oi~:Eo~+~lA~~rc~. r,T. i..UC1E COUPl7Y. FI-~'+• M~ Co~sios Expitas Sept. 23. 1969
.Forr P'~e.ce. F~or~da a~^~~ n:' c~ ~ F t` C ~e.r.s M ~.«i~.. r:. a c«wn c.. I
~ i'7483~ i
•5
This Instrument Pre,~ f,~~ P~ Z' s
First Federal Savings ~ loan Association /S„`'
~ of Fort Pierce
J. Collins f'QG~-fi f 0 iRE+S
Chedced 8y ~ RK C1RCUIT COURT S
~ ~ R c f
~ ~ ~ ~ BooK 17~ PA~~Z423
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